SGT(SZ:002808)2023-04-28 16:00Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB in 2022, representing a growth of 15% compared to the previous year[1]. - The company's operating revenue for 2022 was ¥165,844,793.50, a decrease of 30.22% compared to ¥237,676,536.68 in 2021[23]. - The net profit attributable to shareholders was -¥20,687,864.00, showing an improvement of 87.34% from -¥163,466,352.72 in the previous year[23]. - The cash flow from operating activities was -¥27,566,434.16, a decline of 248.38% compared to ¥18,578,419.08 in 2021[23]. - The total assets at the end of 2022 were ¥533,823,004.21, down 12.37% from ¥609,200,653.99 at the end of 2021[23]. - The basic earnings per share for 2022 was -¥0.077, improving by 87.34% from -¥0.608 in 2021[23]. - The company reported a weighted average return on equity of -5.16% for 2022, an increase of 27.60% from -32.76% in 2021[23]. - In 2022, the company achieved total revenue of CNY 165.84 million, a decrease of 30.22% compared to the previous year[60]. - The net profit attributable to the parent company was CNY -20.69 million, a year-on-year improvement of 87.34% in loss reduction[60]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2025[1]. - The company is actively expanding its international market presence, targeting regions such as Europe, North America, and Southeast Asia[62]. - The company aims to enhance its core business in the imaging consumables industry by increasing R&D and production of toner, focusing on organic optoelectronic devices and advanced functional materials[119]. - The company is strategically positioned to compete with foreign brands in the original equipment market while expanding its presence in the general consumables market[113]. - The company is focusing on improving internal management and governance to enhance risk control and operational efficiency[124]. Product Development and Innovation - New product development includes the launch of a next-generation laser OPC drum, expected to enhance printing efficiency by 20%[1]. - The company is actively developing cloud-based printing and copying systems to tap into the emerging market for end-user imaging solutions[41]. - The company has developed new products for the digital printing industry, positioning itself for future revenue growth in both domestic and international markets[51]. - The company has a strong R&D capability, with 36 authorized patents by the end of 2022, including 11 invention patents, enhancing its product performance and quality[55]. - Research and development investment has increased to 200 million RMB, accounting for 16.7% of total revenue[162]. Risk Management and Internal Control - The internal control audit report received a negative opinion, prompting the company to implement corrective measures[1]. - The company is facing potential risks related to supply chain disruptions and is developing contingency plans to mitigate these risks[1]. - A significant internal control issue was identified in September 2022, related to a subsidiary's management, leading to a full impairment provision for a questionable transaction[194]. - The company has established a comprehensive risk management process and system, focusing on dynamic tracking of major risk changes[192]. - The company's internal control deficiencies could significantly impact the accuracy of its financial statements and operational objectives[198]. Sustainability and Corporate Responsibility - The management emphasized a commitment to sustainability, aiming to reduce carbon emissions by 15% over the next three years[1]. - The company is committed to sustainability, with plans to reduce carbon emissions by 25% by 2025 through innovative technologies[162]. Human Resources and Management - The total employee compensation for the reporting period was CNY 40.9175 million, accounting for 23.74% of the total company costs[185]. - The number of employees at the end of the reporting period was 301, with 166 in production, 29 in sales, 67 in technology, 12 in finance, and 27 in administration[182]. - The company has implemented a compensation policy that encourages performance-based rewards to motivate employees[184]. - The company has not faced any penalties from regulatory authorities for its directors, supervisors, or senior management in the past three years[169]. Acquisitions and Investments - A strategic acquisition of a local competitor is in progress, which is anticipated to increase production capacity by 40%[1]. - The company has committed to a total investment of 19,075 million, with 12,752 million already invested, achieving a progress rate of 66.83%[104]. - The company entered into a cooperation agreement to establish a new company in the renewable energy sector, investing 10 million RMB through a third party[200]. Financial Management and Reporting - The company has not proposed any cash dividend distribution plan for the reporting period, despite having positive distributable profits[190]. - The internal control self-evaluation report was disclosed on April 29, 2023, covering 100% of the company's total assets and revenue[196]. - The company reported a total of 5 significant defects in financial reporting for the year 2022[198]. - The company has not disclosed any issues or other circumstances regarding the use and disclosure of fundraising funds[106].