NJUAE(SZ:300864)2024-03-28 16:00Dividend Distribution - The company plans to distribute a cash dividend of 8.00 RMB per 10 shares to all shareholders, based on a total share capital of 155,040,000 shares[3]. - The total number of shares for the cash dividend distribution is based on 155,040,000 shares[151]. - The company plans to distribute a cash dividend of 8.00 CNY per 10 shares, totaling 124,032,000 CNY, which represents 100% of the profit distribution amount[151]. - The company’s cash dividend policy complies with legal regulations and company bylaws, ensuring shareholder interests are protected[150]. Financial Performance - The company's operating revenue for 2023 was ¥748,658,055.67, representing a 12.62% increase compared to ¥664,776,720.41 in 2022[20]. - The net profit attributable to shareholders for 2023 was ¥154,442,660.91, a 25.09% increase from ¥123,521,974.49 in 2022[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥136,253,840.56, up 23.72% from ¥110,184,219.79 in 2022[20]. - The net cash flow from operating activities for 2023 was ¥165,736,045.21, an increase of 21.24% compared to ¥136,701,549.24 in 2022[20]. - The total assets at the end of 2023 amounted to ¥1,767,223,643.68, reflecting a 12.10% increase from ¥1,576,506,282.25 at the end of 2022[20]. - The net assets attributable to shareholders at the end of 2023 were ¥1,244,842,733.71, a 6.23% increase from ¥1,171,831,986.07 at the end of 2022[20]. - The basic earnings per share for 2023 was ¥1.00, representing a 25.00% increase from ¥0.80 in 2022[20]. - The diluted earnings per share for 2023 was ¥0.97, up 24.36% from ¥0.78 in 2022[20]. - The company reported a significant increase in government subsidies, totaling ¥19,794,355.10 in 2023 compared to ¥11,346,152.12 in 2022[26]. Environmental Services and Technology - The company emphasizes the importance of environmental services as a significant part of the environmental protection industry, which is a key component of China's strategic emerging industries[12]. - The company is actively involved in environmental technology services, providing analysis, research, and consulting to address environmental issues[12]. - The company has established a "Jiangsu Provincial Water Environment Governance and Pipeline Detection and Repair Engineering Technology Research Center" to focus on regional water environment governance and pipeline health diagnostics, enhancing its core competitiveness[33]. - The company has been awarded multiple honors, including the "National Excellent Engineer Team" and "Top Ten Typical Cases of Ecological and Environmental Technology Achievements in Jiangsu Province," reflecting its leadership in the environmental technology service sector[32]. - The company has developed 13 new authorized patents, including 6 inventions, in the field of VOCs control, demonstrating its commitment to innovation and technology advancement[36]. - The company has successfully implemented the "Chajian Low-Carbon Sewage Demonstration Plant" project, integrating new energy technologies with environmental infrastructure[37]. - The company has conducted nearly 30 research projects on regulations, standards, and technical specifications, leading industry development and enhancing its influence[35]. - The company has provided wastewater treatment and solid waste resource management services to clients such as Autoliv and various local governments, improving operational efficiency and effectiveness[38]. Risk Management and Governance - The company acknowledges potential risks in its management operations and has outlined strategies to address these risks in the report[3]. - The company has committed to ensuring the accuracy and completeness of its financial reports, with all board members present for the approval of the annual report[3]. - The company has a registered capital structure and governance framework in place, ensuring compliance with regulatory requirements[16]. - The company has appointed Tianheng Accounting Firm for auditing services, ensuring the integrity of its financial reporting[19]. - The company has established a comprehensive procurement process, selecting qualified suppliers based on project needs and maintaining a dynamic management system[41]. - The company is focused on maintaining a strong internal control environment to mitigate various operational risks[140]. - The company has established a robust internal control framework, aligning with the basic norms of enterprise internal control[161]. - The company has implemented internal control measures that comply with regulations, ensuring no violations were found during the reporting period[140]. Strategic Development and Innovation - The company is focusing on technological innovation and upgrading its business model to adapt to increasing competition in the environmental protection industry[31]. - The company aims to enhance its core competitiveness by improving its independent innovation capabilities and quickly responding to market demands[93]. - Future strategies include expanding into provincial markets and exploring new business models to create diversified business development systems[93]. - The company is developing new technologies for VOCs and low-carbon wastewater treatment, aiming to enhance its competitive edge in environmental management[56]. - The company is focusing on digital transformation strategies to improve operational efficiency, targeting a 20% reduction in operational costs by 2025[124]. - The company plans to invest 10 million yuan in R&D for new environmental technologies aimed at reducing carbon emissions by 30% over the next five years[125]. - The company is exploring potential acquisitions to enhance its service offerings, with a budget of 50 million yuan allocated for this purpose in 2024[124]. - The company aims to launch two new products in the next fiscal year, projected to contribute an additional 5% to overall revenue[125]. Human Resources and Talent Development - The company has a strong talent pool with 240 high-level professionals and 506 members in expert databases, supporting its growth and innovation[43]. - The company has streamlined its management processes, enhancing operational efficiency and clarity in authority across business units[43]. - The company has established a clear and structured compensation policy for employees, including basic and performance-based salaries[145]. - The company emphasizes ongoing talent development and plans to enhance technical training in 2024[148]. - The company conducted over 35 internal training sessions in 2023, with more than 1,200 participants and a total of over 6,000 online learning hours accumulated[148]. Shareholder Relations and Corporate Governance - The company has established a comprehensive performance evaluation system for senior management, linking their performance directly to compensation[110]. - The company maintained strict compliance with information disclosure regulations, ensuring timely and accurate communication with investors[110]. - The company operates independently from its controlling shareholder, with clear asset ownership and no shared bank accounts[112]. - The company has a complete and independent business system, focusing on environmental services without competition from its controlling shareholder[114]. - The company held one annual general meeting during the reporting period, ensuring transparency and participation from minority shareholders[107]. - The company has set up various committees within the board, with independent directors making up over 50% of the board[108]. - The company respects the rights of all stakeholders, ensuring a balance of interests among shareholders, employees, and society[110]. Market Expansion and Future Outlook - The company plans to expand its market presence by entering three new provinces in 2024, targeting a 15% increase in revenue from these regions[124]. - The company is expanding its market presence in Southeast Asia, aiming for a 25% market share by 2025[192]. - The company projects a revenue growth of 10% for the next fiscal year, targeting 1.65 billion RMB[194]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on sustainable design solutions[195]. Compliance and Regulatory Commitments - The company is committed to ensuring that its financial disclosures comply with legal requirements and accurately reflect its financial position[185]. - The company will disclose any information regarding the buyback plan and execute it in accordance with relevant laws and regulations[185]. - The company has made a public commitment to adhere to regulations set by the China Securities Regulatory Commission[189]. - The company will not transfer shares unless due to inheritance, enforcement, or other necessary circumstances to protect investor interests[198]. - The company will bear joint liability for any losses caused to investors due to unfulfilled commitments[199].