Focus Tech.(SZ:002315)2023-02-27 16:00Financial Performance - The company's operating revenue for 2022 was approximately ¥1.46 billion, representing a 0.62% increase compared to ¥1.45 billion in 2021[23]. - Net profit attributable to shareholders for 2022 was approximately ¥300.40 million, a 22.60% increase from ¥245.03 million in 2021[23]. - The net profit after deducting non-recurring gains and losses was approximately ¥278.98 million, reflecting a 37.44% increase from ¥202.98 million in 2021[23]. - Basic earnings per share for 2022 were ¥0.98, up 22.50% from ¥0.80 in 2021[23]. - Total assets at the end of 2022 were approximately ¥3.56 billion, a 4.53% increase from ¥3.40 billion at the end of 2021[23]. - The company's net assets attributable to shareholders at the end of 2022 were approximately ¥2.25 billion, a 7.39% increase from ¥2.09 billion at the end of 2021[23]. - The company reported a net cash flow from operating activities of approximately ¥484.93 million, a decrease of 6.09% from ¥516.35 million in 2021[23]. - The weighted average return on equity for 2022 was 14.34%, an increase of 2.70% from 11.64% in 2021[23]. - The company achieved total revenue of 1.475 billion yuan, remaining stable compared to the previous year[49]. - Operating profit and total profit increased by 20.38% and 20.06% year-on-year, reaching 331 million yuan and 329 million yuan respectively[49]. - The company reported a significant increase in cash reserves, indicating a strong liquidity position[90]. Business Operations - The company continues to focus on integrating traditional industries with the internet, operating platforms such as Made-in-China.com and Doba.com[21]. - The company experienced a 7.7% growth in total import and export value, reaching ¥42.07 trillion in 2022, maintaining its position as the world's largest goods trading nation[33]. - Cross-border e-commerce import and export totaled ¥2.11 trillion, marking a 9.8% increase, with exports growing by 11.7% to ¥1.55 trillion[34]. - The company’s main business includes a comprehensive foreign trade service platform, cross-border B2B e-commerce, and an integrated insurance agency business[38]. - The company is focused on providing a full-process service for small and medium-sized enterprises, including cross-border supply chain, transaction payment, warehousing logistics, and financial insurance[38]. - The company has developed a one-stop comprehensive trade service system, integrating various services such as website building, CRM, and training[40]. - The company has established a comprehensive cross-border B2B service ecosystem, leveraging platforms like Doba.com to connect with major e-commerce platforms[41]. - The company has formed an international cross-border operation team to provide one-stop services for Chinese suppliers entering the North American market[41]. Research and Development - The company’s R&D investment was ¥171,239,661.06, a slight decrease of 2.32% from ¥175,304,892.40 in the previous year[61]. - The number of R&D personnel decreased by 6.94% from 648 in 2021 to 603 in 2022, with the proportion of R&D personnel dropping from 27.42% to 25.03%[78]. - Research and development investments increased by 10%, totaling 150 million, to support new technology initiatives[143]. Corporate Governance - The company held 2 shareholder meetings during the reporting period, ensuring equal rights for all shareholders, especially minority shareholders[116]. - The board of directors consists of 9 members, including 3 independent directors, and held 8 meetings during the reporting period[118]. - The company has a complete and independent business system, with no instances of the controlling shareholder occupying company funds reported during the period[126]. - The company maintains strict compliance with relevant laws and regulations, ensuring transparency and accountability in information disclosure[122]. - The company has established a sound corporate governance structure, continuously improving its governance level in accordance with legal requirements[116]. Employee and Management - The total number of employees at the end of the reporting period is 2,413, with 1,567 in the parent company and 846 in major subsidiaries[159]. - The company has 1,177 sales personnel and 972 technical personnel, indicating a strong focus on sales and technology[159]. - The company has implemented a performance incentive fund management approach, enhancing employee motivation and performance[155]. - The company established an incentive fund to reward employees based on the increase in net profit, with a certain percentage allocated when annual operating conditions are met[161]. Future Plans and Strategies - The company plans to focus on "targeted sales" services in 2023 to further support Chinese exporters in the North American market[57]. - The company aims to enhance its digital and ecological processes in the cross-border B2B e-commerce sector, supported by favorable government policies and the establishment of 165 cross-border e-commerce comprehensive pilot zones[37]. - The company plans to expand its market presence through new product launches and technological advancements in 2023[134]. - The company is exploring partnerships with other firms to leverage synergies and drive growth in emerging markets[143]. Risk Management - The company faces risks from macroeconomic fluctuations, including inflation and reduced consumer spending, which could negatively impact its operations[110]. - To mitigate risks, the company will optimize its revenue structure and enhance platform innovation capabilities while expanding its supply chain diversity[111]. - The company is establishing a comprehensive risk management system to address new risks associated with online transactions, including chargebacks and customer defaults[113]. Social Responsibility - The company donated 4.8 million yuan to establish the "Focus Technology Scholarship" to support 120 economically disadvantaged students until graduation[189]. - The company launched an online campaign promoting "Green Future Beyond Sustainability," showcasing quality green products in manufacturing, energy, and environmental protection sectors[191]. - The company implemented a long-term health welfare program called "Plan A" to promote employee health and well-being, receiving recognition as a healthy enterprise[193].