YILIDA(SZ:002686)2023-04-21 16:00Financial Performance - The company's operating revenue for 2022 was ¥1,908,158,218.22, a slight increase of 0.09% compared to ¥1,906,437,017.09 in 2021[19]. - The net profit attributable to shareholders decreased by 11.20% to ¥38,268,828.68 from ¥43,096,598.82 in the previous year[19]. - The net profit after deducting non-recurring gains and losses surged by 1,252.70% to ¥30,044,460.56, compared to ¥2,221,069.01 in 2021[19]. - The net cash flow from operating activities increased significantly by 792.08% to ¥102,201,645.78 from ¥11,456,516.35 in 2021[19]. - The total operating revenue for 2022 was CNY 1.908 billion, a slight increase of 0.09% from CNY 1.906 billion in 2021[47]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in 2022, representing a year-over-year growth of 20%[94]. - The company achieved a net profit of RMB 79.46 million, representing a year-on-year growth of 15%[191]. Dividend Distribution - The company plans to distribute a cash dividend of 0.2 RMB per 10 shares to all shareholders, based on a total of 566,239,133 shares[4]. - The company reported a distributable profit of CNY 142,010,231.68, with the cash dividend representing 100% of the profit distribution[110]. - The board of directors has approved a dividend payout of 0.1 per share, reflecting a commitment to returning value to shareholders[94]. Business Expansion and Diversification - The company has expanded its main business to include the production, research, and sales of automotive parts and electric vehicle charging devices, in addition to its original focus on ventilators[18]. - The company is involved in various sectors, including new materials and aluminum alloy die-casting, serving industries such as marine engineering and automotive[35]. - The automotive parts segment, operated by Tiecheng Information, generated a revenue of CNY 645 million, reflecting a year-on-year increase of 24.9%[45]. - The company is actively pursuing the implementation of its "14th Five-Year" strategy to adapt to market changes and drive growth[44]. Market and Industry Insights - The central air conditioning fan market in China saw a total sales amount of ¥128.58 billion in 2022, with a year-on-year growth of 4.4%[30]. - In 2022, domestic sales of new energy vehicles reached 7.058 million units, a year-on-year increase of 96.9%, while sales of pure electric vehicles grew by 81.6% to 5.365 million units[36]. - The market penetration rate of new energy vehicles in China reached 27.6% in 2022, an increase of 12.6 percentage points from 2021[36]. Research and Development - Research and development investment amounted to CNY 97,766,361.03 in 2022, a decrease of 8.42% from CNY 106,757,519.35 in 2021, representing 5.12% of operating revenue[57]. - The company is investing 50 million in R&D for new technologies aimed at enhancing product efficiency[94]. - New product development initiatives are underway, with an investment of RMB 10 million allocated for R&D in advanced fan technologies[191]. Environmental Compliance and Sustainability - The company has implemented measures to address environmental compliance, including monitoring and self-assessment of pollution discharge[121]. - The company has established a wastewater treatment station that removes pollutants through oil separation, coagulation sedimentation, and AO methods, ensuring compliance with discharge standards[125]. - The company is focused on technological innovation and internal management to reduce product energy consumption[135]. - The company is actively developing energy-saving products, including new fan and motor technologies, and has established a testing laboratory for energy efficiency[135]. Governance and Management - The company has established a comprehensive internal control system to protect the rights of shareholders and ensure compliance with relevant laws and regulations[130]. - The company aims to enhance its governance structure with the addition of new independent directors[89]. - The management team includes individuals with significant experience in finance and operations, enhancing decision-making capabilities[90]. Legal and Compliance Matters - The company has not reported any issues related to the management and control of subsidiaries during the reporting period[115]. - There were no major litigation or arbitration matters reported[150]. - The company has committed to minimizing and avoiding related party transactions post-transaction completion, ensuring fair operations based on market principles[143]. Employee and Talent Development - The total number of employees at the end of the reporting period was 2,271, with 577 in the parent company and 1,694 in major subsidiaries[105]. - The company has established a sustainable talent development plan, conducting various training programs to enhance employee skills and capabilities[108]. - The total employee compensation for the reporting period was CNY 303 million, accounting for 16.29% of the total company costs[107].