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远程股份(002692) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was ¥3,018,195,285.10, representing a 0.56% increase compared to ¥3,001,268,959.69 in 2021[24]. - The net profit attributable to shareholders for 2022 was ¥67,957,040.99, a significant increase of 47.74% from ¥45,996,230.44 in 2021[24]. - Basic earnings per share for 2022 were ¥0.0946, up 47.81% from ¥0.0640 in 2021[24]. - The net profit after deducting non-recurring gains and losses for 2022 was ¥20,159,190.88, a 15.30% increase from ¥17,484,282.32 in 2021[24]. - The company reported a significant improvement in net profit compared to a loss of ¥133,846,067.83 in 2020[24]. - The total revenue for the wire and cable segment was approximately CNY 2.98 billion, accounting for 98.84% of total revenue, with a year-on-year increase of 0.69%[46]. - The gross profit margin for the wire and cable segment decreased to 10.82%, down by 1.11% compared to the previous year[48]. - The company achieved a total sales revenue of CNY 3,018,195,285.10 in 2022, representing a year-on-year increase of 0.56%[45]. Cash Flow and Assets - The net cash flow from operating activities decreased by 83.55% to ¥30,635,791.73 in 2022, down from ¥186,202,287.09 in 2021[24]. - The total assets at the end of 2022 were ¥2,455,276,684.00, a decrease of 3.69% from ¥2,549,285,456.51 at the end of 2021[24]. - The net assets attributable to shareholders increased by 6.80% to ¥1,067,448,256.27 at the end of 2022, compared to ¥999,491,215.28 at the end of 2021[24]. - The total investment amount for the reporting period was CNY 0, a decrease of 100% compared to CNY 10,000,000.00 in the previous year[64]. - The total number of employees at the end of the reporting period was 915, with 646 in the parent company and 269 in major subsidiaries[112]. Research and Development - The company has applied for 15 patents and received 21 utility model patents in 2022, indicating a strong focus on innovation and new product development[43]. - Research and development expenses increased by 2.37% to approximately CNY 42.48 million[55]. - The company aims to expand its product offerings and enhance competitiveness through various R&D projects focused on innovative cable technologies[56][57]. - The company is investing 200 million yuan in R&D for new technologies aimed at enhancing product efficiency[99]. Market Position and Strategy - The company operates in the wire and cable manufacturing industry, which is a crucial sector in the national economy, with an annual output value exceeding ¥1 trillion in China[32]. - The company focuses on R&D and production of power cables up to 500kV, special cables, and electrical equipment cables, holding multiple industry certifications[35]. - The company has established a competitive advantage in high-end markets, particularly in nuclear power and high-voltage cable sectors[36]. - The company is positioned to benefit from the growing demand in sectors such as 5G, new energy, and infrastructure projects driven by national policies[34]. - The company plans to expand its market presence and enhance product offerings in response to changing customer demands and market conditions[49]. Corporate Governance - The company maintains a robust corporate governance structure, ensuring compliance with relevant laws and regulations[82]. - The board of directors includes 9 members, with 3 independent directors, ensuring a balanced governance structure[83]. - The company strictly adheres to information disclosure regulations, ensuring accurate and timely information for all shareholders[84]. - The company has established a good corporate image by respecting the rights of stakeholders and maintaining fair practices[84]. - The company has a complete and independent production, supply, and sales system, allowing it to operate without reliance on controlling shareholders[87]. Risks and Challenges - The company faces risks from changes in industry policies and raw material price fluctuations, which could impact operational performance[76]. - The company has implemented a hedging strategy for raw materials like copper and aluminum to mitigate cost volatility risks[76]. - The company has reported a total of 30,301.20 million CNY in non-operating fund occupation by the former controlling shareholder, Qinshang Sports, due to violations such as guarantees[137]. - The company has a total of RMB 9.864 billion in ongoing litigation matters, with various cases still in progress[149]. Employee and Remuneration - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 600.30 million[102]. - The company has established a performance evaluation system linking remuneration to company performance and individual performance[102]. - The company emphasizes employee training, developing annual training plans that include professional skills and corporate culture[114]. - The company has a total of 99 employees with a bachelor's degree or higher, and 704 employees with less than a college degree[112]. Community Engagement and Environmental Responsibility - The company has received honors such as Jiangsu Province Green Factory and Jiangsu Province Intelligent Manufacturing Demonstration Workshop[130]. - The company donated 180,000 yuan worth of materials to support the construction of a convenience service center in a local village[131]. - The company has implemented measures to control pollution and reduce carbon emissions, with no environmental violations reported during the period[127]. - The company is actively developing new energy power cables to align with green development goals[130]. Future Outlook - In 2023, the company aims to enhance operational quality and market expansion while focusing on brand strategy and customer satisfaction[74]. - The company plans to strengthen its marketing system and expand its marketing network, targeting new growth areas and enhancing brand influence[75]. - The company provided a positive outlook for the next quarter, projecting a revenue growth of 25%[99].