DMEGC(SZ:002056)2023-03-08 16:00Financial Performance - The company's operating revenue for 2022 was ¥19,450,638,161.91, representing a 54.28% increase compared to ¥12,607,410,411.09 in 2021[13]. - The net profit attributable to shareholders for 2022 was ¥1,669,265,497.69, up 48.98% from ¥1,120,444,284.34 in 2021[13]. - The net cash flow from operating activities reached ¥2,886,547,469.19, a significant increase of 124.55% compared to ¥1,285,454,216.73 in 2021[13]. - The total assets at the end of 2022 were ¥17,609,892,841.81, reflecting a 36.59% growth from ¥12,892,115,280.65 at the end of 2021[14]. - The net assets attributable to shareholders increased by 15.16% to ¥7,750,130,778.12 at the end of 2022, compared to ¥6,729,931,946.29 at the end of 2021[14]. - The basic earnings per share for 2022 was ¥1.03, a 49.28% increase from ¥0.69 in 2021[13]. - The company reported a weighted average return on equity of 23.29% for 2022, an increase of 5.54 percentage points from 17.75% in 2021[13]. Dividend Distribution - The company plans to distribute a cash dividend of 3.62 RMB per 10 shares, based on a total of 1,612,547,222 shares[2]. - The company declared a cash dividend of 3.62 CNY per 10 shares, totaling 583,742,094.36 CNY, which represents 100% of the distributable profit[111]. - The total cash dividend, including other methods such as share buybacks, amounts to 793,743,743.25 CNY[111]. Research and Development - The company has a total of 1,434 valid patents, including 630 invention patents, showcasing its strong R&D capabilities[28]. - Research and development expenditure amounted to CNY 939 million, accounting for 4.83% of total revenue, with 40 company-level innovation projects initiated[31]. - The company increased its R&D investment to ¥939,081,347.54 in 2022, a 55.66% increase from ¥603,296,709.05 in 2021, representing 4.83% of total revenue[54]. - The number of R&D personnel rose to 2,537 in 2022, a 10.54% increase from 2,295 in 2021, with a higher proportion of personnel holding bachelor's degrees and above[53]. Market Expansion and Product Development - The company plans to continue its market expansion and product development strategies in the upcoming fiscal year[11]. - The company is focused on expanding its lithium battery production capacity, particularly in small power markets, and aims to enhance product quality and output in electric tools and smart home sectors[74]. - The company is currently developing several new products, including the 21700-50E battery with a discharge capacity of ≥4900mAh and a cycle life of ≥800 times, targeting the electric vehicle and energy storage markets[52]. - The company has established multiple manufacturing bases both domestically and internationally, with overseas operations in India and Vietnam[23]. Risk Management - The company is subject to various risks including macroeconomic, exchange rate, market, and technological factors, which are detailed in the report[2]. - The company emphasizes the importance of risk awareness among investors regarding its future plans and forecasts[2]. - The company faces macroeconomic risks, including global supply chain adjustments and trade disputes, which may impact operations[76]. - Currency fluctuations pose a risk due to the high proportion of export revenue, affecting procurement and sales in foreign currencies[76]. Environmental Responsibility - The company completed 11 environmental impact assessment reports and obtained approval from environmental authorities in 2022[122]. - The company has implemented strict adherence to various environmental protection laws and standards during its operations[122]. - The company achieved a total solar power generation of 50.92 million kWh in 2022, with 28.63 million kWh fed back to the grid, indirectly reducing carbon dioxide emissions by 35,818.98 tons[127]. - The company invested a total of 96.89 million yuan in environmental protection, including 85.27 million yuan for equipment and facility maintenance, and 11.63 million yuan for wastewater discharge fees and environmental taxes[127]. Corporate Governance - The company has three independent directors, accounting for over one-third of the board, ensuring compliance with legal requirements[81]. - The company has established an independent financial accounting department and operates its own bank accounts, ensuring financial independence[83]. - The company has a complete and independent supply, production, and sales system, not relying on the controlling shareholder[83]. - The company received an "A" rating in the 2021 information disclosure assessment by the Shenzhen Stock Exchange[82]. Strategic Initiatives - The company plans to enhance its market position in the magnetic materials sector while accelerating development in the new energy sector[73]. - The company is committed to continuous technological innovation, with a focus on developing new magnetic materials and battery technologies, while enhancing its patent portfolio[75]. - The company has established a performance management model and incentive mechanism for senior management, ensuring alignment of interests between the company, shareholders, and employees[113]. - The company has implemented a long-term incentive plan through an employee stock ownership scheme[106].