LZRJ(SH:688588)2024-04-26 10:17Dividend Distribution - The company plans to distribute a cash dividend of RMB 2 per 10 shares, totaling approximately RMB 78,002,000.60, which accounts for 90.15% of the net profit attributable to shareholders for 2023[5]. - The total share capital of the company is 400,010,003 shares, with 10,000,000 shares held in the repurchase account, resulting in a base of 390,010,003 shares for the dividend distribution[5]. - The company has not proposed any capital reserve transfer to increase share capital or issuance of bonus shares for the 2023 fiscal year[5]. Financial Performance - The company's operating revenue for 2023 was CNY 696,433,152.73, representing a 6.40% increase compared to CNY 654,511,953.20 in 2022[21]. - The net profit attributable to shareholders decreased by 38.72% to CNY 86,526,473.53 from CNY 141,189,858.33 in the previous year[21]. - The basic earnings per share fell by 38.33% to CNY 0.2177, down from CNY 0.3530 in 2022[22]. - The total assets increased by 10.00% to CNY 1,597,157,995.17 compared to CNY 1,451,995,669.49 at the end of 2022[21]. - The company's net assets attributable to shareholders decreased by 10.13% to CNY 1,205,888,434.31 from CNY 1,341,814,965.54 at the end of 2022[21]. - The net cash flow from operating activities was CNY 120,829,320.74, a decrease of 12.95% from CNY 138,807,368.88 in the previous year[21]. Audit and Compliance - The company has received a standard unqualified audit report from Zhonghua Certified Public Accountants[5]. - The company has confirmed that all board members attended the board meeting, ensuring governance compliance[7]. - The company has not faced any violations in decision-making procedures regarding external guarantees[7]. - The company has not reported any special arrangements in corporate governance[7]. Research and Development - Research and development expenses accounted for 9.90% of operating revenue, slightly up from 9.81% in 2022[22]. - The company increased R&D investment to 68.96 million yuan, a year-on-year growth of 7.35%, accounting for 9.90% of total revenue, an increase of 0.09 percentage points[42]. - The company applied for 1 invention patent and 37 software copyrights during the reporting period, totaling 319 software copyrights and 7 invention patents by the end of the period[42]. Market Position and Strategy - The company has established a significant market position in Japan's financial software development sector, becoming one of the largest suppliers for Nomura Research Institute, handling nearly 50% of the outsourcing volume for the THE STAR system[52]. - The company has accumulated over 70 domestic securities company clients, including major firms like Guotai Junan and Haitong Securities, since expanding into the domestic market in 2010[53]. - The company is planning a significant asset restructuring, which has led to increased related expenses[23]. Technology and Innovation - The company has developed proprietary core technologies, including project management systems and automated testing platforms, which significantly enhance software development efficiency[65]. - The implementation of big data analytics and artificial intelligence has improved the precision of personalized financial services, enhancing customer experience[63]. - The company is positioned to leverage emerging technologies such as AI and big data to enhance its software development capabilities and market competitiveness[56]. Risks and Challenges - The company has outlined various operational risks in the management discussion and analysis section of the report[4]. - The company has recognized the risk of relying heavily on the Japanese market for its software development services, which constitutes its primary revenue source[101]. - The company is facing industry risks due to rapid technological changes and increasing competition, necessitating continuous innovation and adaptation[104]. Shareholder Information - The total number of shares held by the board members at the beginning of the year was 15,623.48 million shares, which decreased to 15,372.48 million shares by the end of the year, reflecting a reduction of 251 million shares[168]. - The total pre-tax remuneration for all board members and senior management amounted to 572.53 million yuan[168]. - The independent directors did not hold any shares during the reporting period, and their remuneration was 10,000 yuan each[168]. Future Outlook - The company’s future outlook includes continued focus on market expansion and new product development, although specific financial targets were not disclosed in the provided content[176]. - The company plans to enhance its delivery capabilities by expanding its development and R&D teams, increasing R&D investment, and utilizing modular, automated, and tool-based development processes[158].