SSET(SZ:300540)2024-03-29 16:00Financial Performance - The company's operating revenue for 2023 reached ¥668,353,736, representing a 179.65% increase compared to ¥238,998,211 in 2022[21]. - The net profit attributable to shareholders was ¥32,645,780, a significant increase of 230.14% from ¥25,101,266 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥32,310,006.67, up 106.25% from ¥51,705,313.7 in 2022[21]. - The cash flow from operating activities showed a net outflow of ¥177,603,375, a decrease of 391.90% compared to ¥60,844,286.32 in 2022[21]. - Basic and diluted earnings per share improved to ¥0.2032 from a loss of ¥0.1592 in 2022, marking a 227.72% increase[21]. - Total assets at the end of 2023 were ¥1,740,615,463, an 18.33% increase from ¥1,470,975,900 at the end of 2022[21]. - The net assets attributable to shareholders increased by 4.55% to ¥1,011,553,580 from ¥967,552,708 in 2022[21]. - The company reported a quarterly operating revenue of ¥321,375,541.78 in Q4 2023, with a net profit of ¥18,776,291.57 attributable to shareholders[24]. - The company achieved a revenue of 668 million yuan, a year-on-year increase of 179.65%, and a net profit of 32.6458 million yuan, up 230.14% compared to the previous year[44]. Risk Management - The company is subject to various risk factors which are detailed in the management discussion and analysis section[3]. - The company has a comprehensive risk management strategy outlined in the annual report[3]. - The company faces risks related to accounts receivable management, with a significant balance that may pressure asset quality and financial status, prompting enhanced internal controls and collection strategies[97]. - The company is expanding its business segments, which introduces new operational management and risk control challenges, necessitating improved market research and internal control mechanisms[97]. Corporate Governance - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[103]. - The board convened 14 meetings during the reporting period, demonstrating active governance[103]. - The company has established specialized committees, including a strategy committee, audit committee, nomination committee, and compensation and assessment committee, which operate effectively[103]. - The supervisory board is composed of 3 members, including 2 employee supervisors, fulfilling legal requirements[103]. - The company has maintained compliance with the "Company Law," "Securities Law," and other relevant regulations throughout the reporting period[102]. - The company has effectively supervised the legality and compliance of board decisions and major transactions during the reporting period[103]. Shareholder Relations - The company held a total of 4 shareholder meetings during the reporting period[102]. - The company ensures equal voting rights for all shareholders, particularly minority shareholders, during meetings[102]. - The company has a dedicated investor relations management system to ensure effective communication with investors[105]. - The company conducted its annual general meeting with a participation rate of 47.01% on April 24, 2023[109]. - The company hosted its first extraordinary general meeting of 2023 with a participation rate of 44.90% on August 11, 2023[109]. - The second extraordinary general meeting of 2023 had a participation rate of 41.23% on October 9, 2023[110]. Environmental Compliance - The company was listed as a key pollutant discharge unit by the Chengdu Ecological Environment Bureau as of March 31, 2023, with its discharge permit changing from simplified management to key management[160]. - The company reported a total emission of 86.2 kg of VOCs, with a concentration of 5.4 mg/m3, complying with the local air pollutant discharge standards[161]. - The company has implemented a pollution treatment model that includes a central bag filter system with a 90% collection rate and 99% treatment efficiency for particulate matter[162]. - The company upgraded its waste gas treatment system in September 2023 to include catalytic combustion, enhancing its waste gas disposal capabilities[163]. - The company has paid environmental protection taxes for the second, third, and fourth quarters of 2023, in compliance with the Environmental Protection Law[164]. Research and Development - The company invested CNY 28.09 million in R&D during the reporting period, resulting in 8 invention patents and 9 utility model patents granted[48]. - The company has launched new R&D projects, including a new type of thrust bearing and a multi-axis turbine compressor for B0G recovery[48]. - The company’s hydrogen energy engineering technology research center was established to explore developments in hydrogen technology[47]. - The company completed the design and testing of several new products, including a 7m³ liquid hydrogen tank and a new LNG gasification station, to expand its market presence[70]. Business Expansion - The company actively expands gas investment operations and clean energy operations, producing and selling hydrogen, nitrogen, and liquefied natural gas (LNG) for various applications[37]. - The company is focusing on the development of smart transportation equipment and has established a mechanism for integrating production and research in the transportation equipment manufacturing sector[39]. - The company is actively involved in the development of new energy facilities, including charging stations and gas stations, to support the transportation sector's transition to cleaner energy[34]. - The company plans to leverage its capital platform for mergers and acquisitions, targeting industrial gas operators with strong production capabilities and low operational risks to expand its gas business scale[95]. Financial Management - The company has established an independent financial department and accounting system, ensuring no overlap with the controlling shareholder's financial operations[108]. - The company has not reported any penalties from securities regulatory agencies for its current and past directors, supervisors, and senior management[128]. - The company has not reported any non-compliance issues regarding external guarantees during the reporting period[173]. - The company has not faced any bankruptcy reorganization matters during the reporting period[179]. Employee Relations - The company has a total of 40,000 hours of outsourced labor, with total payments amounting to 2,013,245.04 CNY[143]. - The employee composition includes 115 production personnel, 38 sales personnel, 117 technical personnel, 24 financial personnel, and 137 administrative personnel[140]. - The company has established a flexible compensation system linked to performance, ensuring employee interests are safeguarded[141]. - The company has implemented a comprehensive training system to enhance employee skills and overall quality[142]. Strategic Planning - The strategic plan for the "14th Five-Year Plan" period includes four major business segments: deep cold technology equipment manufacturing, gas investment operation, clean energy investment operation, and transportation equipment manufacturing[91]. - The company aims to strengthen its deep cold technology equipment manufacturing service platform by increasing R&D efforts and improving LNG processing capabilities[92]. - The company is focusing on developing a gas investment operation platform, particularly in helium production, to address domestic supply shortages[94]. - The company is committed to achieving high-quality transformation and development, leveraging its technological advantages and industry collaborations[92].