Bojay(SZ:002975)2023-04-25 16:00Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2022, representing a year-on-year increase of 15%[19]. - The net profit attributable to shareholders was RMB 150 million, which is a 10% increase compared to the previous year[19]. - The company's operating revenue for 2022 was ¥1,216,799,161, an increase of 0.23% compared to ¥1,214,036,104 in 2021[26]. - The net profit attributable to shareholders for 2022 was ¥202,017,698, a decrease of 16.96% from ¥243,262,977 in 2021[26]. - The net cash flow from operating activities decreased by 62.02% to ¥74,193,224 from ¥195,349,781 in 2021[26]. - The total assets at the end of 2022 were ¥2,600,542,753, reflecting a 6.35% increase from ¥2,445,331,231 in 2021[26]. - The basic earnings per share for 2022 were ¥1.46, down 16.57% from ¥1.75 in 2021[26]. - The company achieved a revenue of 1.2168 billion yuan in 2022, representing a growth of 0.23% compared to 2021, with the top five customers contributing 614.3 million yuan, a 4.61% increase[75]. - The gross profit margin for the main business in 2022 was 48.71%, a decrease of 0.53 percentage points from the previous year, indicating stable overall performance[75]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[19]. - The company is actively exploring mergers and acquisitions to enhance its layout in the semiconductor wafer and packaging testing equipment sectors[47]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million RMB allocated for potential targets[163]. - The company aims to expand its capacity in the semiconductor packaging and testing equipment sector, aiming for a 20% increase in production capacity over the next three years[132]. - The company is exploring new business opportunities in the new energy vehicle sector and FPC product development[131]. - The company is actively engaging in market expansion and strategic planning for the next three years[131]. Research and Development - The company is investing RMB 50 million in R&D for new technologies, focusing on AI and automation[19]. - The company has invested significantly in R&D, with R&D expenses reaching 175 million yuan, accounting for 14.40% of total revenue, a 24.03% increase year-over-year[68]. - The company has a workforce of 491 R&D personnel, representing 20.29% of total employees, indicating a strong focus on technical expertise[68]. - The company is focusing on R&D in high-end manufacturing, particularly in the autonomous and controllable sectors, to enhance its competitive edge[133]. - The company is developing a multi-station testing platform for automotive keys, which is currently in the trial production phase[90]. - The company has developed a comprehensive testing solution for VR/AR devices, significantly improving production efficiency for clients in this emerging market[55]. Risk Management - The company acknowledges potential risks in market fluctuations and supply chain disruptions, with strategies in place to mitigate these risks[10]. - The company has established risk control measures for foreign exchange transactions to mitigate potential losses from exchange rate fluctuations[105]. - The company is implementing measures to mitigate foreign exchange risks due to its reliance on USD for export transactions[128]. - The company’s risk management policies include strengthening internal controls and actively managing accounts receivable to prevent overdue payments[104]. Corporate Governance - The company strictly adheres to information disclosure obligations, ensuring transparency and protecting the rights of minority investors[143]. - The actual governance status of the company does not significantly differ from the regulations set by the China Securities Regulatory Commission[144]. - The company operates independently from its controlling shareholders in all aspects, including assets, personnel, and finances[145]. - The company has a complete and independent business system for procurement, production, sales, and R&D, ensuring no competition or unfair transactions with controlling shareholders[146]. - The company has an independent financial department with a complete accounting system and independent financial decision-making[150]. Shareholder and Employee Relations - The company has implemented a competitive salary policy based on job responsibilities and employee performance, including annual performance bonuses[186]. - The total number of employees at the end of the reporting period is 2,454, with 1,153 in R&D and technical roles[185]. - The company has established a profit distribution policy that emphasizes transparency and stability for shareholder returns[189]. - The company did not propose a cash dividend distribution for the reporting period, citing future strategic development needs and cash flow considerations[190]. - The company aims to improve operational efficiency, targeting a 5% reduction in production costs through automation[163]. Product Development and Innovation - New product launches are expected to contribute an additional RMB 300 million in revenue in 2023[19]. - The company has developed a diverse product line, including automation testing equipment and industrial robots, leveraging platform-based and modular technology for rapid delivery and iteration[47]. - The company has successfully developed and launched high-end testing equipment, including the first domestic high-speed testing machine in March 2023, enhancing its market position[63]. - The company is focusing on the development of RF testing equipment and semiconductor testing devices, with ongoing R&D progress reported[131]. Financial Management - The company reported a loss of RMB 16.2861 million during the reporting period, primarily due to the appreciation of the US dollar[104]. - The company utilized RMB 87.76 million of raised funds in 2022, with a cumulative usage of RMB 377.72 million by the end of the year[109]. - The company’s fundraising activities included a public offering that raised a net amount of RMB 522.46 million after deducting related expenses[108]. - The company has ongoing construction projects for the 博杰自动化产业园, with a total investment of ¥103,237,469.09 for infrastructure and ¥13,659,929.96 for equipment, indicating a focus on expanding production capacity[103].