YILIDA(SZ:002686)2024-04-23 11:13Dividend Distribution - The company plans to distribute a cash dividend of 0.2 RMB per 10 shares to all shareholders, based on a total of 566,239,133 shares[3]. - The company reported a cash dividend of 0.2 yuan per 10 shares, totaling 11,324,782.66 yuan, which represents 100% of the total profit distribution[107]. Business Expansion and Acquisitions - The company has expanded its main business to include the production, research, and sales of automotive components and die-casting parts related to new energy vehicles[17]. - The company completed the acquisition of 100% equity in Iron City Information, expanding its business scope to include new energy vehicle-related products[17]. - The company has increased its investment in Zhejiang Sanjin Technology Co., Ltd. by 197.75 million RMB, gaining control over the company[17]. Financial Performance - The company's operating revenue for 2023 was ¥1,599,986,777.22, with wind turbine revenue accounting for ¥1,091,279,896.24, representing 68.21% of total revenue[186]. - The company’s annual report is disclosed through designated media including Securities Times and China Securities Journal[15]. - The company’s financial report has been confirmed as true, accurate, and complete by its board of directors and management[3]. - The company reported a total revenue of 1.785 billion in 2023, reflecting a growth of 15% compared to the previous year[82]. - The company’s total revenue for 2023 was approximately ¥1.60 billion, a decrease of 16.15% compared to ¥1.91 billion in 2022[45]. - The net profit attributable to shareholders for 2023 was ¥20,606,776.99, down 46.04% from ¥38,268,828.68 in 2022[18]. - The net profit after deducting non-recurring gains and losses was ¥8,006,437.57, a decline of 73.28% from ¥30,044,460.56 in 2022[18]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY for the fiscal year, representing a 15% year-over-year growth[132]. Cash Flow and Assets - The net cash flow from operating activities increased by 27.70% to ¥130,514,493.46 in 2023, compared to ¥102,201,645.78 in 2022[18]. - The total assets at the end of 2023 were ¥2,981,771,760, a slight decrease of 0.03% from ¥2,980,379,270 at the end of 2022[19]. - The total cash and cash equivalents increased by 408.21% to ¥84,192,860.80 in 2023, compared to a decrease of -¥27,316,888.53 in 2022[57]. - As of the end of 2023, cash and cash equivalents increased to ¥344,497,791.72, representing 11.55% of total assets, up from 7.93% at the beginning of the year, a change of 3.62%[58]. - The company’s fixed assets increased to ¥635,101,233.68, representing 21.30% of total assets, up from 19.95%, an increase of 1.35%[58]. Market Trends and Industry Performance - In 2023, the total sales amount of central air conditioning fans in China reached 142.91 billion yuan, a year-on-year increase of 11.1%[31]. - The growth of the central air conditioning fan industry is driven by downstream industry development, export market expansion, maintenance and upgrade demands, and product upgrades[32]. - The global sales of new energy vehicles reached 14.653 million units in 2023, a year-on-year increase of 35.4%, with China accounting for 9.495 million units, or 64.8% of the total[37]. Research and Development - The company holds a total of 245 valid patents, including 79 invention patents, reflecting its commitment to technological innovation[42]. - The total R&D investment was ¥94,893,023.72, which is 5.93% of operating revenue, up from 5.12% in the previous year[55]. - Research and development expenses decreased by 12.36% to ¥84,613,549.62 in 2023 from ¥96,551,521.14 in 2022[53]. Corporate Governance and Compliance - The company maintains complete independence from its controlling shareholders in terms of business, assets, personnel, institutions, and finance, with no reliance on shareholders for any operational decisions[77]. - The company has established a complete and independent personnel management system, ensuring that all senior management and financial personnel are dedicated solely to the company and do not hold positions in shareholder units[78]. - The company has not faced any disciplinary actions from the stock exchange regarding information disclosure, ensuring transparency and compliance with legal requirements[79]. - The company is committed to continuously improving its corporate governance structure in accordance with relevant laws and regulations[79]. Environmental Compliance - The company has a valid pollution discharge permit until December 30, 2026, ensuring compliance with environmental regulations[116]. - The company has implemented measures to manage and monitor its environmental impact as part of its corporate responsibility[115]. - The company reported a total environmental protection tax payment of CNY 6,984.51 for the year 2023[124]. - The company has successfully passed the ISO:14001 environmental management system re-examination, ensuring compliance with environmental management activities[124]. Employee Management and Welfare - The total number of employees at the end of the reporting period was 2,243, with 608 in the parent company and 1,635 in major subsidiaries[101]. - The company has implemented a comprehensive training program to enhance employee skills and capabilities, supporting both individual and organizational growth[104]. - The company is committed to employee welfare, including health, safety, and satisfaction, and regularly organizes training and cultural activities[127]. Future Outlook and Strategic Plans - The company aims to achieve mass production of EC motors in 2024, which is expected to contribute positively to overall business growth[69]. - The company has set a performance guidance for 2024, projecting a revenue increase of 10% to 1.96 billion[82]. - The company is actively pursuing market expansion and new product development, particularly in the fields of energy-efficient fans and motors[42].