富春环保(002479) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was ¥4,791,094,350, an increase of 4.68% compared to ¥4,569,712,538 in 2021[26]. - The net profit attributable to shareholders decreased by 21.69% to ¥258,950,240 from ¥332,139,895 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥120,938,527, a decline of 10.38% from ¥136,400,396 in 2021[26]. - The net cash flow from operating activities increased by 20.24% to ¥764,637,005 from ¥635,901,335 in 2021[26]. - Basic and diluted earnings per share fell by 21.05% to ¥0.30 from ¥0.38 in 2021[26]. - The total assets at the end of 2022 were ¥9,155,995,000, reflecting a 1.00% increase from ¥9,066,746,720 in 2021[26]. - The return on equity (ROE) decreased to 6.57% from 8.53% in the previous year[26]. - The total profit for 2022 was 44,630.29 million yuan, a decrease of 6,384.55 million yuan, reflecting a decline of 12.52% year-on-year[50]. - The company achieved total operating revenue of CNY 479,109.44 million in 2022, an increase of 4.68% compared to the previous year, primarily due to the launch of the Shandong Zhongmao food-grade cardboard project[59]. - The company reported a total revenue of 6,750 million, with a year-on-year growth of 97%[88]. Shareholder Information - The company reported a profit distribution plan based on a total of 865,000,000.00, proposing a cash dividend of 2.00 yuan per 10 shares (including tax) for all shareholders[5]. - The company’s major shareholder changed to Nanchang Municipal Public Utilities Group Co., Ltd. as of November 3, 2022, with the actual controller remaining the Nanchang State-owned Assets Supervision and Administration Commission[24]. - The company’s stock code is 002479, and it is listed on the Shenzhen Stock Exchange[20]. - The company’s registered address is located at 188 Chun Yong Road, Lingqiao Town, Fuyang District, Hangzhou, Zhejiang Province[20]. - The company’s website is www.zhefuet.com, providing additional information and updates[20]. - The company’s annual report is disclosed on the Shenzhen Stock Exchange website and various financial news platforms[22]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements in the annual report, highlighting potential operational risks and corresponding countermeasures[5]. - The company’s financial report is guaranteed to be true, accurate, and complete by the board of directors and senior management, ensuring accountability for any misleading statements or omissions[5]. - The company has established a comprehensive governance structure to ensure compliance with legal and regulatory requirements[107]. - The company maintains independence in assets, personnel, finance, organization, and business from its controlling shareholders, ensuring a complete business system and market-oriented operations[112]. - The company has established a robust internal control system to ensure compliance with information disclosure obligations[112]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[182]. Environmental Responsibility - The company has a commitment to environmental responsibility and sustainable development as part of its operational strategy[5]. - The company is committed to supporting the national goals of carbon neutrality and peak carbon emissions through its operations in the energy-saving and environmental protection sector[39]. - The company aims to enhance its environmental compliance and reduce emissions through ongoing upgrades and new technology implementations[170]. - The company has implemented ultra-low emission standards for coal-fired power plants, significantly reducing pollutants[172]. - The company has established a comprehensive strategy for pollution control and sustainable development in line with national environmental laws[170]. - The company is focused on expanding its market presence while ensuring adherence to environmental regulations and standards[170]. Research and Development - The company is committed to enhancing its research and innovation capabilities to achieve high-quality development in line with national policies on energy structure optimization and ecological environment improvement[50]. - The company’s R&D expenses increased by 12.95% to CNY 15,523.26 million, driven by increased investment from subsidiaries[60]. - The company is developing a mobile dioxin online detection system aimed at enhancing service capabilities across multiple enterprises[76]. - The company has completed the R&D and launched high-efficiency recovery processes for gold tailings and anode mud, aimed at increasing production, revenue, and efficiency[78]. - The company is focused on creating a circular economy by enhancing resource utilization and reducing environmental pollution through innovative technologies[79]. Market Expansion and Strategy - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[36]. - The company is expanding its business through mergers and acquisitions, covering four provinces: Zhejiang, Jiangsu, Jiangxi, and Shandong[49]. - The company plans to expand its market presence with new projects expected to generate an additional 10 million in annual revenue[89]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its portfolio[118]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[125]. Legal and Regulatory Issues - The company has reached a settlement in a case involving 21.68 million yuan related to an EPC project, with the final judgment requiring payment of the principal and interest[198]. - The company is currently engaged in a legal dispute regarding a 31 million yuan investment contract related to a thermal power project[198]. - The company has been subject to regulatory warnings from the China Securities Regulatory Commission for failing to disclose significant equity transfers and financial assistance approvals[200]. - The company has a total of 69.55 million yuan involved in 16 lawsuits as the plaintiff, with 7 cases already concluded amounting to 31.30 million yuan[199]. Employee and Management Information - The company had a total of 1,926 employees at the end of the reporting period, with 1,109 in production, 336 in technical roles, and 64 in sales[150]. - The total pre-tax remuneration for the board of directors, supervisors, and senior management amounted to CNY 1,013.76 million[140]. - The highest remuneration was received by Zhang Jie, the director and general manager, totaling CNY 106.77 million[140]. - The company has established a comprehensive salary management system and long-term incentive plans to attract and retain talent[151]. - The company conducted regular and irregular training programs to enhance employee skills and ensure compliance with operational standards[152].