CDT(SZ:300344)2023-04-20 16:00Financial Performance - The company's gross profit decreased compared to the previous year due to adverse external factors affecting market expansion and customer service [4]. - During the reporting period, the company experienced a significant decline in operating performance due to strategic adjustments, increased expenses from new product promotions, and office relocation [4]. - The company's operating revenue for 2022 was ¥603,530,072.23, an increase of 8.06% compared to ¥558,500,747.55 in 2021 [25]. - The net profit attributable to shareholders for 2022 was -¥140,333,602.60, a decrease of 644.35% from ¥25,779,847.35 in 2021 [25]. - The net cash flow from operating activities improved by 83.80%, reaching -¥51,780,314.93 in 2022 compared to -¥319,535,925.84 in 2021 [25]. - The total assets at the end of 2022 were ¥721,383,305.40, a decrease of 18.84% from ¥888,805,389.24 at the end of 2021 [25]. - The basic earnings per share for 2022 was -¥0.22, a decline of 540.00% from ¥0.05 in 2021 [25]. - The company reported a quarterly revenue of ¥213,958,504.76 in Q4 2022, the highest among the four quarters [27]. - The net profit attributable to shareholders in Q4 2022 was -¥55,311,462.30, marking a significant loss compared to previous quarters [28]. - The company’s weighted average return on equity was -24.66% in 2022, down from 8.30% in 2021 [25]. - The total net assets attributable to shareholders decreased by 20.81% to ¥503,027,915.50 at the end of 2022 [25]. Business Strategy and Market Position - The company's main business, core competitiveness, and key financial indicators did not experience significant adverse changes and are consistent with industry trends [4]. - The industry in which the company operates is focused on innovation, with no signs of overcapacity, sustained decline, or technological substitution [4]. - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves [7]. - The company is focusing on smart hardware and software business segments, which include digital cloud infrastructure and industry-specific digital services such as BIM and CIM [46]. - The company aims to provide comprehensive digital transformation solutions, including software and hardware products, to enhance efficiency and reduce costs for downstream clients [45]. - The company is positioned to benefit from the growing demand for digital transformation in various industries, supported by national policies promoting digital economy development [51]. - The company is actively exploring new market opportunities through digital service innovations and strategic partnerships [41]. - The company has established a nationwide business layout, covering key strategic areas such as the Yangtze River Delta and the Guangdong-Hong Kong-Macao Greater Bay Area [53]. Research and Development - The company has developed four products that are included in the Anhui Province's autonomous industrial software promotion directory and six products that have passed the Anhui Province's information innovation product certification [47]. - The company is investing heavily in research and development across various technology fields, including multi-modal digital asset management and cloud computing, to drive sustainable high-quality growth [58]. - Continuous improvement of R&D capabilities is a priority, with increased investment in R&D and collaboration with research institutions to enhance product innovation and meet market demands [109]. - The company’s R&D investment amounted to ¥14,728,029.05, representing 2.44% of operating revenue, up from 1.63% in 2021 [80]. - The number of R&D personnel increased by 10% to 55, with a notable rise in the proportion of R&D staff to 33.13% [80]. Risks and Challenges - The company faces risks including market competition, technology risks, goodwill impairment, accounts receivable risks, management risks, and the risk of losing key personnel [5]. - The company recognizes the risk of core personnel turnover and is focused on improving work conditions and incentive schemes to retain key talent [112]. - There is a risk of goodwill impairment due to acquisitions, and the company will conduct annual impairment tests and strengthen management to support subsidiary performance [111]. - The company is addressing accounts receivable risks by implementing strict internal controls to improve cash flow management [112]. - The company’s continuous operation capability does not face significant risks [4]. Governance and Compliance - The company has established a governance structure in compliance with relevant laws and regulations, ensuring independent operation from its controlling shareholder [116]. - The board consists of seven members, including three independent directors, meeting the legal requirements for composition [117]. - The company maintains transparency in information disclosure, adhering to established management systems to ensure timely and accurate communication with stakeholders [117]. - The company has implemented a performance evaluation and incentive mechanism for directors and senior management, aligning with its development status [117]. - The company has not experienced any significant discrepancies between its governance practices and regulatory requirements [118]. Employee and Management Structure - The total number of employees at the end of the reporting period was 166, with 32 in the parent company and 134 in major subsidiaries [143]. - The professional composition includes 81 technical personnel, 21 sales personnel, 12 financial personnel, and 52 administrative personnel [143]. - The educational background of employees shows 1 with a doctorate, 13 with a master's degree, 94 with a bachelor's degree, 49 with an associate degree, and 9 with secondary education [143]. - The company has a structured remuneration decision-making process involving performance evaluations and board approvals [133]. - The total remuneration for directors, supervisors, and senior management amounted to 3.6025 million CNY [134]. Environmental and Social Responsibility - The company has not reported any significant environmental protection issues during the reporting period [160]. - The company did not disclose any measures taken to reduce carbon emissions during the reporting period [160]. - The company has not reported any social responsibility issues or activities related to poverty alleviation and rural revitalization [161][162]. Financial Controls and Audit - The company's internal control system is designed to ensure compliance, asset security, and the accuracy of financial reporting [152]. - The internal control audit report was issued with a standard unqualified opinion [156]. - The company reported zero major defects and zero important defects in financial reporting for the fiscal year [157]. - The internal control self-evaluation report was disclosed on April 21, 2023, covering 100% of the company's total assets and revenue [154].