ZHEZHONG(SZ:002346)2023-04-28 16:00Financial Performance - The company's operating revenue for 2022 was ¥725,613,038.84, representing a 5.32% increase compared to ¥688,962,207.77 in 2021[22]. - The net profit attributable to shareholders for 2022 was ¥450,609,569.21, a slight increase of 0.62% from ¥447,824,062.12 in the previous year[22]. - The basic earnings per share for 2022 was ¥1.03, reflecting a 0.98% increase from ¥1.02 in 2021[22]. - The company's total revenue for the four quarters was approximately ¥725 million, with the highest revenue in Q2 at ¥233 million, and the lowest in Q3 at ¥114 million[26]. - Net profit attributable to shareholders for the year was approximately ¥450 million, with Q2 showing the highest profit of ¥182 million, while Q4 recorded a profit of ¥147 million[26]. - The company's total operating revenue for 2022 was ¥681,136,676.50, with a gross margin of 23.24%, reflecting a slight decrease of 0.83% compared to the previous year[47]. - The revenue from the complete switchgear segment was ¥641,024,922.95, accounting for 88.34% of total revenue, with a slight increase of 0.68% year-on-year[46]. - The construction installation segment saw a significant increase in revenue to ¥44,476,362.34, up 1,989.28% from the previous year[46]. Cash Flow and Investments - The net cash flow from operating activities decreased by 41.34% to ¥55,848,075.21, down from ¥95,213,784.57 in 2021[22]. - The net cash flow from operating activities was positive in Q1 and Q4, with a net cash flow of ¥57 million in Q1 and ¥48 million in Q4, while Q2 and Q3 reported negative cash flows[26]. - Net cash flow from investing activities increased by 79.84% year-on-year, mainly due to increased cash received from the disposal of subsidiaries[58]. - Total investment during the reporting period was 644,651,561.95 yuan, representing a significant increase of 198.29% compared to the previous year[65]. - The company reported a total interest income of RMB 87,863,908.87 from the raised funds, resulting in a net income of RMB 166,625.52 after deducting bank fees[74]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥2 per 10 shares, totaling approximately ¥87,165,070.12 based on 435,825,356 shares[6]. - The company reported a cash dividend of 2.00 CNY per 10 shares, totaling 87,165,071.2 CNY, which represents 100% of the total profit distribution[138]. - The total number of shareholders at the end of the reporting period is 35,252, an increase from 32,666 at the end of the previous month[197]. - The largest shareholder, Shanghai Kangfeng Investment Management Co., Ltd., holds 42.59% of the shares, totaling 188,046,710 shares[197]. Research and Development - The company's R&D expenses decreased by 68.54% to ¥8,908,892.34, primarily due to reduced expenses at Guojing Semiconductor[55]. - The total R&D investment for 2022 was ¥25,344,949.52, accounting for 3.49% of operating revenue, down from 6.57% in 2021[56]. - Research and development expenses increased by 30% to 150 million RMB, reflecting the company's commitment to innovation[123]. Market and Industry Position - The company is actively involved in the smart grid, rail transit, and data center sectors, focusing on deep cooperation with major clients such as State Grid and Shanghai Metro[33]. - The company anticipates continued growth in the complete switchgear industry due to increasing demand from infrastructure projects and energy transition initiatives[32]. - The total electricity consumption in China reached 86,372 billion kWh in 2022, representing a year-on-year growth of 3.6%, indicating a growing market demand for power equipment[31]. Governance and Compliance - The company has established a governance structure that complies with relevant laws and regulations, ensuring independent operation from its controlling shareholders[104]. - The company has implemented a transparent performance evaluation and incentive mechanism for its directors and senior management[106]. - The company has maintained compliance with the tripartite supervision agreements throughout the fundraising process[77]. - The internal control system has been updated and improved to effectively prevent operational risks and ensure compliance with regulations[140]. Social Responsibility and Community Engagement - The company donated 11.008 million yuan to Shanghai Charity Foundation and Tianjin Xiqing District Red Cross during the public health event prevention period[157]. - The company actively provided emergency supplies to local communities affected by the public health event, demonstrating its commitment to social responsibility[157]. - The company has organized community activities to support the elderly, assessing and implementing solutions for their quality of life post-public health event[157]. Employee and Management Structure - The total number of employees at the end of the reporting period was 430, with 415 from major subsidiaries and 15 from the parent company[134]. - The company has 209 production personnel, 120 technical personnel, and 19 sales personnel, indicating a strong focus on production and technical capabilities[134]. - The company has maintained a consistent leadership structure, with the current management team having a mix of long-term and newly appointed members[116].