hailir(SH:603639)2024-04-26 14:19Financial Performance - The company's operating revenue for 2023 was approximately ¥4.40 billion, a decrease of 3.01% compared to ¥4.53 billion in 2022[23]. - The net profit attributable to shareholders for 2023 was approximately ¥473.20 million, an increase of 2.87% from ¥460.01 million in 2022[23]. - The net cash flow from operating activities for 2023 was approximately ¥955.35 million, representing a significant increase of 37.52% compared to ¥694.69 million in 2022[24]. - Total assets at the end of 2023 reached approximately ¥6.45 billion, a growth of 10.47% from ¥5.84 billion at the end of 2022[24]. - The company's net assets attributable to shareholders increased to approximately ¥3.38 billion, up by 5.30% from ¥3.21 billion at the end of 2022[24]. - Basic earnings per share for 2023 were ¥1.39, reflecting a 2.96% increase from ¥1.35 in 2022[25]. - The diluted earnings per share for 2023 also stood at ¥1.39, consistent with the basic earnings per share[25]. - The weighted average return on equity for 2023 was 14.49%, slightly down from 14.83% in 2022[25]. - The company reported a significant increase in the basic earnings per share after deducting non-recurring gains and losses, which rose to ¥1.45, a 9.85% increase from ¥1.32 in 2022[25]. Governance and Compliance - The audit report issued by Zhongxinghua Accounting Firm confirmed the financial statements' accuracy and completeness[5]. - The board of directors and supervisory board members attended the board meeting, ensuring governance compliance[4]. - The company has no violations in decision-making procedures regarding external guarantees[8]. - The company is committed to maintaining a transparent governance structure, ensuring compliance with laws and regulations, and protecting shareholder rights[148]. - The company is enhancing its investor relations management to respect and uphold the rights of stakeholders[150]. - The company has not faced any penalties from securities regulatory authorities in the past three years, reflecting compliance with regulations[165]. - The company has established a robust internal control management system in compliance with relevant laws and regulations, enhancing decision-making efficiency[192]. - There were no significant deficiencies in internal control regarding subsidiaries during the reporting period[193]. - The internal control audit report issued by Zhongxinghua Accounting Firm provided a standard unqualified opinion[194]. Risk Management - The company reported no significant risks impacting its operations during the reporting period[8]. - The company has outlined various risks and countermeasures in the management discussion section[8]. - The company faces risks related to safety production and environmental protection due to the nature of its chemical products and production processes[135]. - The fluctuation in prices of pesticide raw materials and production instability are significant risks influenced by market demand and competition[137]. - The company is exposed to foreign exchange risks due to increasing export proportions, with potential impacts from fluctuations in the RMB to USD exchange rate[146]. - The company is actively monitoring changes in industry regulations and policies that could impact procurement, production, and sales activities[144]. Environmental Management - The company invested ¥25,333.90 million in environmental protection during the reporting period[195]. - The company holds valid pollution discharge permits for its key pollutant discharge units, effective until November 2025[196][199]. - The company achieved compliance with emission standards for both waste gas and wastewater during the reporting period[197][200]. - The company has implemented effective comprehensive treatment measures for wastewater, waste gas, and noise pollution[196][200]. - The company’s environmental management system complies with GB/T24001-2016/ISO14001:2015 standards[196][200]. Research and Development - The company has established a strong R&D capability, recognized as a national high-tech enterprise and has a comprehensive pesticide R&D center covering all aspects of pesticide development[52]. - The company is focused on research and development, having established a national-level technology center and multiple recognized laboratories[85]. - The company has filed over 160 patents and trademarks, with more than 110 granted or announced[92]. - The company is increasing R&D investments to develop high-efficiency, low-toxicity, and environmentally friendly pesticide formulations to achieve product differentiation[142]. - The company aims to enhance its R&D capabilities by building a first-class research team and investing in advanced research equipment[125]. Market Expansion and Product Development - The company is actively pursuing international market expansion and collaboration with multinational companies[32]. - The company is committed to expanding its international market presence, which is expected to provide new growth opportunities[37]. - The company is expanding its production scale and diversifying its product offerings, with several projects entering the construction phase[33]. - The company has diversified its pesticide product offerings, with several new products entering trial production, including the insecticides thiamethoxam and thiamethoxam, and the fungicide prothioconazole[37]. - The company is actively expanding its product line with new insecticides and fungicides, which are expected to drive future revenue growth and mitigate market fluctuations[49]. Shareholder and Dividend Policies - The profit distribution plan for 2023 proposes a cash dividend of 5 RMB per 10 shares, subject to shareholder approval[6]. - The company plans to distribute a cash dividend of 10 RMB (including tax) for every 10 shares, based on the total share capital on the record date[185]. - In 2023, the company reported a total cash dividend amount of 170,003,048 RMB, which represents 35.93% of the net profit attributable to ordinary shareholders in the consolidated financial statements[188]. - The company has a fixed cash dividend policy, distributing at least 10% of the distributable profits in a single fiscal year, subject to certain conditions[184]. - The cash dividend distribution will occur annually after the shareholders' meeting, with the possibility of mid-term distributions based on the company's profitability and funding needs[183]. Human Resources and Talent Development - The company employed a total of 3,210 staff, with 582 in the parent company and 2,628 in major subsidiaries[178]. - The workforce includes 1,318 production personnel, 769 sales personnel, 664 technical personnel, 55 financial personnel, and 404 administrative personnel[178]. - The company is focused on talent development, implementing training programs for new and existing employees to enhance skills and professional knowledge[180]. - The company has established a talent cultivation plan targeting university graduates and key positions to improve professional capabilities[180]. - The company plans to conduct annual employee training based on needs assessment, covering professional knowledge and work skills[181].