久吾高科(300631) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was ¥741,309,374.83, representing a 37.34% increase compared to ¥539,773,421.30 in 2021[22]. - The net profit attributable to shareholders for 2022 was ¥43,274,220.39, a decrease of 38.29% from ¥70,124,270.08 in 2021[22]. - The net cash flow from operating activities for 2022 was -¥49,460,226.40, a decline of 286.97% compared to ¥26,452,979.25 in 2021[22]. - The total assets at the end of 2022 were ¥1,823,669,209.83, an increase of 19.76% from ¥1,522,824,726.68 at the end of 2021[22]. - The company reported a weighted average return on equity of 3.66% for 2022, down from 7.92% in 2021[22]. - The company's overall gross margin declined due to increased market competition and rising raw material costs[51]. - The company achieved operating revenue of 741 million, a year-on-year increase of 37.34%[51]. - The net profit attributable to the parent company was 43.27 million, a year-on-year decrease of 38.29%[51]. - Research and development expenses amounted to 42.16 million, accounting for 5.69% of operating revenue[47]. - The revenue from membrane integration technology solutions accounted for 85.39% of total revenue, amounting to ¥633,030,816.22, which is a 33.34% increase from ¥474,758,507.63 in the previous year[57]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 0.7 RMB per 10 shares to all shareholders, based on a total of 122,642,024 shares[4]. - The net profit attributable to the parent company for the year 2022 is 43,274,220.39 yuan, with a retained profit of 29,844,912.46 yuan after statutory surplus reserve allocation[149]. Research and Development - The company has established a complete R&D system for ceramic membranes, organic membranes, and lithium adsorbents, promoting continuous technological innovation[41]. - The company’s R&D investment accounted for 5.69% of operating revenue, focusing on innovations in separation materials and applications, including lithium extraction from salt lakes and titanium gypsum resource utilization[54]. - The number of R&D personnel increased by 38.36% from 73 in 2021 to 101 in 2022, with a notable rise in the proportion of personnel holding bachelor's degrees[73]. - The company has developed multiple core technologies in membrane separation, with most being at a leading domestic or advanced international level[105]. - The company is focusing on the development of high-capacity, high-stability hollow porous adsorbents, which will improve its market share in lithium extraction from salt lakes[69]. Market and Industry Trends - The total production value of China's separation membrane industry is expected to exceed ¥360 billion in 2022[32]. - The market demand for lithium adsorbents is expected to grow significantly due to the rapid development of the new energy and energy storage industries[32]. - The lithium battery industry is experiencing significant growth driven by the rapid development of electric vehicles, with strong demand for lithium carbonate and lithium hydroxide as key raw materials[33]. - The company is actively expanding its market presence in the dual carbon field, aligning with national strategies for carbon peak and carbon neutrality[34]. - The company is exploring new strategies for market expansion, particularly in the Asia-Pacific region, to capture emerging opportunities[122]. Technology and Innovation - The company focuses on the research and application of separation materials and technologies, including ceramic membranes and lithium adsorbents[31]. - The company has developed an "adsorption + membrane" lithium extraction process and has industrialized key membrane materials and lithium adsorption materials, positioning itself to capitalize on the increasing demand for lithium resources[33]. - The company is developing a new membrane integration technology for the resource utilization of waste salt and concentrated saltwater, aiming for industrial application and expanding its waste salt treatment technology application scenarios[67]. - The company is working on a fermentation and membrane separation technology that aims to improve fermentation efficiency and product yield, with a focus on reducing costs and enhancing market potential[67]. Governance and Compliance - The company has established a governance structure that complies with relevant laws and regulations, ensuring the protection of shareholder interests[109]. - The board of directors consists of 9 members, including 3 independent directors, meeting legal and regulatory requirements[110]. - The company has maintained independence from its controlling shareholder, ensuring no interference in decision-making or operations[110]. - The company emphasizes the importance of training for its directors to ensure compliance with relevant laws and regulations[110]. - The company has established a comprehensive performance evaluation system for senior management, linking their performance directly to compensation[112]. Environmental and Social Responsibility - The company has implemented an environmental management system in accordance with GB/T 24001-2016/ISO 14001:2015 standards to minimize negative environmental impacts[163]. - The company was recognized as a "Green Factory" in Jiangsu Province for its efforts in energy management and carbon reduction[164]. - The company promotes environmental protection by implementing an environmental management system in accordance with ISO 14001 standards, focusing on energy conservation and pollution prevention[168]. - The company adheres to legal operations and actively engages in social welfare, including the establishment of the "Jiu Wu Scholarship" for underprivileged students[168]. Employee and Talent Management - The total number of employees at the end of the reporting period is 516, with 451 from the parent company and 65 from major subsidiaries[145]. - The employee composition includes 216 production personnel, 52 sales personnel, 189 technical personnel, 12 financial personnel, and 47 administrative personnel[145]. - The company emphasizes talent training with a structured annual training plan covering four major categories, including job skills and management enhancement[147]. - The company has a total of 59 employees with a master's degree or above, 179 with a bachelor's degree, 97 with a college diploma, and 181 with a high school diploma or below[145]. Strategic Initiatives and Future Outlook - The company plans to enhance the performance of lithium adsorption materials and develop new types of membrane products to open new application spaces[102]. - The company aims to maintain a market share of no less than 30% in the domestic ceramic membrane market over the next five years, leveraging the public offering to expand capacity and improve technology quality[175]. - The company plans to invest in research and development, allocating 15% of its revenue towards innovation initiatives in the upcoming fiscal year[121]. - The company is committed to sustainability and has initiated several projects aimed at reducing its environmental impact[122].