GON(SZ:002768)2023-04-25 16:00Financial Performance - The company achieved operating revenue of 13.406 billion yuan, a year-on-year increase of 37.28%[60]. - The total profit reached 784 million yuan, growing by 5.50% compared to the previous year[60]. - Net profit attributable to shareholders was 663 million yuan, reflecting a growth of 3.14% year-on-year[60]. - Total assets amounted to 12.753 billion yuan, an increase of 28.70% from the beginning of the period[60]. - The company's operating revenue for 2022 was ¥13,406,439,368.86, representing a 37.28% increase compared to ¥9,765,988,975.76 in 2021[21]. - The net profit attributable to shareholders for 2022 was ¥663,105,263.13, a 3.14% increase from ¥642,941,542.24 in 2021[21]. - The total operating costs for 2022 were ¥9.98 billion, an increase of 38.72% from ¥7.19 billion in 2021[82]. - The gross profit margin for the chemical industry was 14.12%, a decrease of 1.67% from the previous year[78]. - The company reported a significant increase in sales volume for organic polymer modification materials, rising by 53.18% to 655,813 tons[79]. Research and Development - The company reported a significant focus on research and development for new products and technologies, aiming to enhance market competitiveness[4]. - The company has obtained 78 patents, ensuring a strong foundation for product research and development[47]. - The company is investing in a new project to produce 1 million tons of polystyrene (PS) annually[47]. - The company increased its R&D investment to approximately ¥386.39 million in 2022, up 37.67% from ¥280.65 million in 2021[90]. - The number of R&D personnel rose to 547 in 2022, a 38.48% increase from 395 in 2021[90]. - Research and development expenses increased by 30% in 2022, totaling 150 million yuan, reflecting the company's commitment to innovation[177]. Strategic Investments and Expansion - The company is strategically investing in projects such as a 1 million tons per year polystyrene (PS) project and a 200,000 tons per year polypropylene (PP) resin production line to enhance its competitive edge[38]. - The company aims to enhance its supply chain capabilities and create a diversified "new materials+" ecosystem through vertical integration[38]. - The company is actively pursuing opportunities in the non-metal composite materials sector, capitalizing on the energy consumption transformation[51]. - The company plans to expand its production capacity for expandable polystyrene to 120,000 tons per year in the future[116]. - The company is expanding its market presence, targeting new regions in Southeast Asia, with an investment of 200 million RMB allocated for market entry strategies[152]. Market Trends and Industry Outlook - The new materials industry in China is projected to reach a total output value of ¥10 trillion by 2025, highlighting significant growth potential for the company[34]. - The global chemical new materials market is expected to reach $480 billion by 2025, with a compound annual growth rate (CAGR) of 4.4% from 2019 to 2025[36]. - The domestic health supplement market reached $170 billion in 2021, with China accounting for 19.36% of the global market, making it the fastest-growing region[37]. - The domestic beauty and personal care market size reached ¥390.3 billion in 2021, projected to grow at a CAGR of 8% to ¥577.9 billion by 2026[37]. Corporate Governance - The company emphasizes its commitment to accurate and complete financial reporting, with all board members present for the report's approval[4]. - The management team remains stable with no reported changes in directors or senior management during the reporting period[148]. - The company held five board meetings during the reporting period, with resolutions disclosed in various financial publications[168][169]. - The audit committee conducted 5 meetings, reviewing key reports including the 2021 annual internal audit report and the 2021 audited financial statements[174]. - The company is focused on improving its governance level and operational standards through board oversight[173]. Environmental Compliance - The company strictly adheres to various environmental protection laws and standards during its operations[197]. - The company is classified as a key pollutant discharge unit by environmental protection authorities[197]. - The overall discharge situation indicates no exceedance of the permitted limits for all monitored pollutants[199]. - Future expansion plans include enhancing pollution control technologies to further reduce emissions[200]. Shareholder Returns - The company plans to distribute a cash dividend of 2.5 CNY per 10 shares (including tax) to all shareholders based on the 2022 profit distribution plan[4]. - The company distributed a cash dividend of 2.50 yuan per 10 shares, totaling 67,812,500 yuan, which represents 100% of the profit distribution amount[184][185].