Apex(SH:603383)2024-04-11 16:00Dividend and Share Capital - The company plans to distribute a cash dividend of 11 RMB per 10 shares, totaling approximately 188.32 million RMB, which represents 80.73% of the net profit attributable to shareholders for 2023[7]. - The company will increase its total share capital by 34.24 million shares through a capital reserve conversion, raising the total share capital to 205.44 million shares[7]. - The total cash dividend amount (including tax) is 188,316,717.60 CNY, which accounts for 80.73% of the net profit attributable to ordinary shareholders in the consolidated financial statements[138]. - The company plans to issue 2 bonus shares for every 10 shares held and distribute a cash dividend of 11 CNY per 10 shares (including tax)[138]. - The company distributed a cash dividend of 8 RMB per 10 shares, totaling 137,023,612.80 RMB, which represents 82.52% of the net profit attributable to shareholders for the year[135]. Financial Performance - The company achieved total operating revenue of RMB 743.91 million in 2023, an increase of 19.10% compared to 2022[26]. - The net profit attributable to shareholders reached RMB 233.26 million, reflecting a growth of 40.49% year-on-year[26]. - The net profit after deducting non-recurring gains and losses was RMB 217.36 million, up 38.94% from the previous year[26]. - The company’s basic earnings per share increased to RMB 1.38, a rise of 39.39% compared to 2022[29]. - The weighted average return on equity improved to 16.53%, an increase of 3.71 percentage points from the previous year[29]. - The company maintained a gross margin of 69.16% in its application software segment, with revenue growth of 19.10% and cost increase of 12.88%[64]. - Investment income surged by 180.17% to CNY 10.50 million, driven by increased disposal of financial products[62]. - The company’s cash flow from operating activities was RMB 231.22 million, an increase of 17.75% compared to the previous year[26]. - The company reported a significant increase in cash flow from operating activities, with a net cash flow of CNY 231.22 million, up 17.75% year-on-year[62]. Risk Management and Compliance - The company has received a standard unqualified audit report from the accounting firm, ensuring the accuracy and completeness of the financial report[6]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - The company has outlined potential risks in its management discussion and analysis section, emphasizing the importance of investor awareness regarding these risks[9]. - The company emphasizes the importance of accurate and complete disclosures in its annual report, with all board members confirming the report's integrity[10]. - The company has established a robust internal control system to ensure effective execution of its operations and compliance with regulations[104]. - The company’s audit committee confirmed that all related transactions comply with laws and regulations, ensuring fairness and transparency[124]. - The company has not faced any penalties from securities regulatory authorities in the past three years[115]. - The company has not reported any risks or dissenting opinions from the supervisory board during the reporting period[129]. Strategic Initiatives and Innovation - The company is focused on developing its proprietary "1+3" foundational technology platform, which includes various innovative software solutions[15]. - The company is actively pursuing market expansion and technological innovation to enhance its competitive position in the fintech sector[15]. - The company has established a new generation of customer management and wealth management platforms, indicating a strategic focus on improving service offerings[15]. - The company focused on innovation and development of its core technology platforms, including HyperDB and LiveDTP, to enhance its competitive edge in the financial technology sector[39]. - The company implemented a strategy of "separation of computing and storage" to overcome constraints from certain domestic software, ensuring smooth implementation of various application systems[39]. - The company is actively pursuing digital transformation in the financial sector, leveraging AI technology to enhance product capabilities[50]. - The company aims to leverage financial technology to enhance core business capabilities and improve user experience, focusing on innovations in cloud computing, big data, and artificial intelligence[92]. - The company is committed to becoming a leading force in domestic financial technology through continuous innovation and development[94]. Corporate Governance - The board of directors consists of 8 members, including 3 independent directors, ensuring compliance with legal requirements[101]. - The company has a diverse board with members having extensive backgrounds in finance, management, and technology[110]. - The company has a strong emphasis on corporate governance, as evidenced by the presence of independent directors and a structured remuneration system[109]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 6.9523 million yuan[114]. - The compensation for directors and supervisors is reviewed by the shareholders' meeting, while the board of directors is responsible for the compensation of senior management[114]. - The company held a total of 8 board meetings during the year, all conducted via a combination of on-site and communication methods[120]. - The audit committee convened five meetings during the reporting period[122]. - The company has not reported any changes in shareholding for independent directors and supervisors during the reporting period[109]. Employee and Social Responsibility - The total number of employees in the parent company and major subsidiaries is 1,996, with 1,775 being technical personnel[130]. - The company has implemented a training system to enhance employee skills and promote growth through various training formats[134]. - The company donated a total of 400,000 RMB, including 300,000 RMB to the Yongtai County Charity Association for a specific project and 100,000 RMB to Fujian Normal University as part of its educational fund[149]. - The company promotes a low-carbon lifestyle and has implemented measures such as double-sided printing and paperless offices to reduce environmental impact[146]. - The company does not belong to the key pollutant discharge units and advocates for green office practices[146]. Shareholder Structure and Transactions - The total number of ordinary shareholders as of the reporting period end was 12,818, a decrease from 22,499 at the end of the previous month[187]. - The largest shareholder, Yan Mengyu, holds 35,887,614 shares, representing 20.96% of the total shares[189]. - The second-largest shareholder, Fuzhou Aipai Ke Electronics Co., Ltd., holds 23,990,400 shares, accounting for 14.01%[189]. - The company has not issued any new securities during the reporting period[187]. - The shareholder structure remains stable with no significant changes in the top ten shareholders compared to the previous period[194]. - The company plans to continue its stock repurchase strategy to manage share dilution from incentive plans[182]. - The company completed the repurchase and cancellation of 62,250 restricted stocks, reducing the total shares from 171,279,516 to 171,217,266[181]. Financial Products and Investments - The company has engaged in wealth management activities, with a total investment of RMB 120 million in bank financial products and RMB 78 million in broker financial products[164]. - The total investment in structured products across various banks amounts to CNY 20 billion, indicating a strong market demand for guaranteed and floating yield products[166][167]. - The expected performance of financial derivatives and gold prices will significantly impact the yields of the structured products offered[166][167]. - The company is focusing on expanding its product offerings in the financial derivatives market to attract more investors[169]. - The company plans to use the funds from structured deposits to supplement operational capital[169].