CLTG(SZ:002306)2023-04-07 16:00Financial Performance - The company's operating revenue for 2022 was ¥130,423,096.02, a decrease of 58.88% compared to ¥317,172,143.27 in 2021[21]. - The net profit attributable to shareholders for 2022 was -¥21,764,231.05, representing a decline of 558.48% from ¥4,747,033.86 in 2021[21]. - The total revenue for the company in 2022 was 13,042.31 million yuan, representing a year-on-year decline of 58.88%[41]. - The net profit attributable to shareholders was -2,176.42 million yuan, a year-on-year decrease of 558.48%[41]. - The basic and diluted earnings per share for 2022 were both -¥0.0266, a decline of 566.67% from ¥0.0057 in 2021[21]. - The weighted average return on equity was -27.77% in 2022, down 38.68% from 10.91% in 2021[21]. - The company reported a total of ¥4,388,202.86 in government subsidies related to normal business operations in 2022[29]. - The company’s financial report has been confirmed by its management to be true, accurate, and complete[3]. Business Operations - The company has shifted its main business focus to internet game promotion and operation, along with catering services since the second quarter of 2021[20]. - The company has expanded its business into internet game promotion and operation since June 2020, diversifying from its original catering services[20]. - The company operates in the internet and related services sector, focusing on internet game promotion and catering group meals[32]. - The catering group meal market in China showed resilience, with a market size of approximately ¥1.8 trillion in 2021, growing by 15.8%[32]. - The company's catering business achieved revenue of 10,393.85 million yuan, a year-on-year increase of 3.13%[41]. - The internet game promotion and operation business generated revenue of 2,640.44 million yuan, a year-on-year decrease of 87.79%[43]. - The company is focusing on expanding its catering projects in educational institutions, including Zhengzhou Railway Vocational and Technical College and Henan University of Science and Technology[41]. - The company aims to upgrade the catering industry towards pre-prepared dishes and central kitchens, emphasizing standardization and branding[35]. Corporate Governance - The company has maintained independence from its controlling shareholder in terms of business, personnel, assets, organization, and finance, ensuring no competition or unfair transactions[98]. - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[94]. - The company conducted a total of 9 board meetings during the reporting period, with all directors fulfilling their responsibilities diligently[94]. - The company’s supervisory board held 7 meetings, ensuring oversight of the board and management activities[95]. - The company has established a robust investor relations management system, utilizing multiple channels for communication with investors[95]. - The company’s governance practices align with the relevant laws and regulations, showing no significant discrepancies[97]. - The company has actively engaged with investors through online platforms and annual performance briefings[92]. - The company has a commitment to transparency, with its annual report available on the Shenzhen Stock Exchange and other media[18]. Legal and Compliance Issues - The company is currently involved in legal proceedings, with a case number (2022) Jing 04 Min Te 701, which has been accepted by the Beijing Fourth Intermediate People's Court[191]. - The company has received a notice from the Beijing Fourth Intermediate Court regarding the execution of an arbitration decision, indicating ongoing legal challenges[191]. - The company is in the process of selecting an evaluation agency for the assets involved in the legal proceedings[190]. - The company has reported a bad debt provision of 1,521,700 RMB for the year 2022, impacting the profit for the period[190]. - The company is currently involved in 531 lawsuits with a total claim amount of approximately ¥61.96 million[193]. - As of the report date, the company has faced 533 investor lawsuits related to "securities false statement liability disputes"[194]. - The company has not experienced any significant penalties or rectification during the reporting period[195]. Strategic Initiatives - The company plans to enhance operational efficiency in the catering industry through the application of big data and information technology[35]. - The company is focusing on new product development and technology research, although specific details were not disclosed in the report[71]. - The company is exploring new strategies for market expansion and potential mergers and acquisitions[71]. - The company plans to accelerate the capacity implementation of its new energy photovoltaic cell project, with an initial investment of 1.25 billion CNY for a 3GW project, expected to be completed by the end of July 2023 and reach production by the end of August 2023[81]. - The company aims to strengthen its existing group meal business by enhancing management and service levels, focusing on talent development, product innovation, and safety management[82]. Employee and Management Information - The total number of employees at the end of the reporting period was 266, with 22 in the parent company and 244 in major subsidiaries[137]. - The educational background of employees shows 8 with postgraduate degrees, 70 with bachelor's degrees, 56 with associate degrees, and 132 with below secondary education[138]. - The company has a salary policy that includes base salary, position salary, performance salary, attendance bonus, year-end bonus, and benefits[139]. - Employee training plans are aimed at enhancing skills and aligning with the company's strategic goals, focusing on practical and systematic training methods[140]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 4.7419 million[122]. Financial Independence and Related Transactions - The company ensures that senior management personnel are exclusively employed by the listed company and do not hold operational roles in other enterprises[172]. - The company has established independent financial departments and accounting systems to ensure financial independence[172]. - The company guarantees that it will independently manage its assets and will not allow related parties to occupy its assets or funds[172]. - The company aims to minimize related transactions with its controlling enterprise and will conduct unavoidable transactions based on fairness and transparency principles[173]. - The company has a commitment to avoid and regulate related transactions with its controlling shareholder, ensuring compliance with regulatory requirements[173]. Future Outlook - The company provided a forward guidance of 10% revenue growth for the next fiscal year, projecting revenues to reach approximately 2.75 billion yuan[109]. - The company is considering strategic acquisitions to enhance its product offerings and market presence[116]. - The company plans to increase its marketing budget by 15% to support new product launches and market expansion efforts[109]. - The company is actively pursuing new strategies for market expansion and technological development[128].