Leyard(SZ:300296)2023-04-03 16:00Financial Performance - The company achieved a revenue of 88,764,892.61 yuan from leasing, representing a decrease of 3.11% compared to the previous year[19]. - E-commerce revenue surged to 25,634,606.65 yuan, marking a significant increase of 246.56% year-over-year[19]. - The company reported a decrease in total cash inflow from operating activities by 1.37% to ¥8,395,979,420.70 in 2022[34]. - The net cash flow from operating activities in 2022 was ¥564,076,307.54, a 21.70% increase compared to ¥463,497,781.76 in 2021[34]. - The investment activities generated a net cash flow of -¥315,189,807.96 in 2022, an improvement of 31.74% from -¥461,749,373.29 in 2021[34]. - The operating revenue for the company was CNY 2,848,887,757.88, with a net profit of CNY 377,360,772.76[63]. - The company maintained revenue growth despite a decline in domestic market demand starting in April 2022, avoiding significant price cuts to protect brand value and gross margin[162]. Research and Development - In 2022, the company's R&D investment amounted to ¥386,386,496.46, representing an increase from ¥335,863,624.67 in 2021, indicating a focus on innovation[34]. - The total number of R&D personnel increased to 875 in 2022, accounting for 16.59% of the workforce, down from 17.32% in 2021[32]. - The number of R&D personnel with a master's degree increased by 8.93% to 122 in 2022, reflecting a commitment to higher education in the workforce[32]. - The company aims to enhance its competitive edge in the market by developing new technologies and expanding into new application areas[32]. - The NPQD Micro LED technology demonstrated a brightness increase of 3-10 times compared to traditional quantum dot films, expanding to approximately 12 times after accelerated aging tests[8]. - The company’s MIP packaging technology has reached a transfer accuracy of 99.999%, enhancing overall product reliability[4]. - Saphlux has been granted exclusive global rights to 14 patents related to nanopore GaN etching and NPQD technology, building a substantial patent pool with nearly 40 related patents[170]. Market Expansion and Strategy - The digital exhibition market is projected to have a market space of approximately 70 billion yuan, driven by the rise of digital twin and metaverse concepts[12]. - The company aims to double revenue from special needs industries in 2023, following successful product development and market application[70]. - The company plans to achieve a 30% increase in orders compared to the previous year through its domestic channel "Gold Medal Plan" in 2023[74]. - The company expects to maintain over 40% revenue growth in the Asia, Africa, and Latin America markets in 2023[75]. - The company aims to strengthen its global leadership in LED display technology and expand the Micro LED market scale[66]. - The company is focusing on high-quality projects in the cultural tourism night market to stabilize business scale[98]. - The company has established dedicated teams to cover the Asia, Africa, and Latin America markets, enhancing global product reach[92]. Governance and Compliance - The company strictly adheres to relevant laws and regulations, ensuring accurate, timely, and complete information disclosure to all investors[118]. - The governance structure of the company complies with the requirements set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange[110]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance, ensuring autonomous operational capabilities[120]. - The company has established an independent financial accounting system and conducts business operations without reliance on its controlling shareholder[120]. - The company has implemented a robust internal control system to enhance governance levels continuously[110]. - The company has established a fair and transparent performance evaluation and incentive mechanism for senior management, incorporating basic annual salary and year-end performance assessments[117]. Employee Management and Compensation - The total number of employees at the end of the reporting period was 5,273, with 721 in the parent company and 4,552 in major subsidiaries[149]. - The company has 1,809 technical personnel, 1,699 production personnel, and 862 sales personnel, reflecting a diverse professional structure[149]. - The company has a comprehensive compensation policy that combines position-based pay with performance assessments to enhance employee satisfaction and loyalty[150]. - The company has implemented 2 rounds of stock repurchase and 5 rounds of employee stock ownership plans, indicating a proactive approach to capital management[141]. - The performance assessment for senior management is based on the company's economic benefits and work objectives, with specific revenue growth targets set for 2021, 2022, and 2023[197]. Financial Management and Fundraising - The total amount of raised funds from various financing methods since 2012 is CNY 501.53 million, with CNY 10.58 million utilized in the current period[48]. - The company has issued 2 rounds of non-public stock offerings totaling 2.7 billion yuan and 1 round of public bond issuance of 900 million yuan, demonstrating strong capital raising capabilities[141]. - The company has not changed the purpose of raised funds during the reporting period, ensuring compliance with regulations[48]. - The company reported a total of CNY 169.76 million in financial assets, with a significant portion being trading financial assets valued at CNY 412.56 million[43]. - The company plans to implement a profit distribution scheme based on the total share capital excluding repurchased shares as of the record date for the 2022 annual equity distribution[177]. Project Development and Investments - The LED application industry southern headquarters project has an investment progress of 101.49%, with a total investment of 44,123.74 million[54]. - The company completed the construction of the LED application industry southern headquarters project, which is now operational, although equipment investments are still ongoing[53]. - The company has made a significant equity investment of CNY 234.6 million in Jiangsu Lijing Microelectronics Technology Co., holding a 50% stake, focusing on Mini LED and Micro LED development[44]. - The company terminated the LED application industry park project due to government planning impacts, reallocating 30,000.00 million of its own funds to establish a production base in Hunan[53]. - The company achieved a 100% completion rate for the Xi'an Intelligent R&D Center project, with a total raised fund of 1,244.78 million[54].