NGL(002836)2024-04-28 07:51Financial Performance - The company reported a total revenue of 1.5 billion RMB for the year 2023, representing a year-on-year growth of 15%[13]. - The company reported a net profit of 300 million RMB for 2023, with a profit margin of 20%[13]. - The company's operating revenue for 2023 was ¥177,116,768.29, representing an increase of 18.33% compared to ¥149,685,985.30 in 2022[19]. - The net profit attributable to shareholders for 2023 was ¥19,469,949.42, a decrease of 76.85% from ¥84,096,533.15 in 2022[19]. - The basic earnings per share for 2023 was ¥0.08, down 78.38% from ¥0.37 in 2022[20]. - The company reported a cash flow from operating activities of ¥16,412,959.81, down 14.59% from ¥19,216,699.84 in 2022[19]. - The company anticipates a revenue growth target of 20% for 2024, driven by new product launches and market expansion efforts[18]. Business Expansion and Strategy - The company has expanded its business scope to include the sales of packaging materials and products, ink manufacturing, and new film materials[18]. - The company aims to increase its market share in the packaging industry by 5% over the next two years through strategic partnerships and market expansion[18]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product offerings[18]. - The company aims to achieve steady growth in its core cigarette label business while actively participating in new tobacco packaging bidding activities in 2024[87]. - The company plans to explore investment and acquisition opportunities in strategic emerging industries to optimize its business structure and promote steady development[88]. Research and Development - The company is focusing on the research and development of medical devices and hygiene products, which are expected to contribute to future revenue growth[18]. - The company has completed the development of several new products, including a pressure-adjustable printing machine and a moisture detection device[63]. - Research and development expenses increased by 6.88% to ¥8,767,518.10, representing 4.95% of operating revenue[64]. - The company focuses on R&D innovation, collaborating with universities and participating in the formulation of national and industry standards[39]. Operational Efficiency - The company has invested 200 million RMB in new technology and equipment to enhance production efficiency and product quality[13]. - The company has implemented an information management system to optimize processes across procurement, orders, production, inventory, and sales[46]. - The company has a strong competitive advantage in high-stability, high-technology, and high-value-added cigarette label design and production[36]. - The company aims to strengthen its service capabilities in high-quality, stable, and large-scale production of cigarette labels[32]. Corporate Governance - The company held two shareholder meetings during the reporting period, ensuring compliance with legal procedures and enhancing shareholder participation[94]. - The company’s board of directors held eight meetings, ensuring compliance with regulations and maintaining transparency in decision-making[96]. - The company strictly adheres to legal and regulatory requirements for information disclosure, ensuring accurate and timely reporting of significant operational matters[99]. - The company has established an independent financial accounting department and a complete accounting system, ensuring independent financial decision-making[102]. Environmental Compliance - The company achieved compliance with all relevant environmental regulations, with no instances of exceeding discharge limits or penalties during the reporting period[145]. - Wastewater treatment facilities operate effectively, with wastewater meeting national discharge standards after treatment[148]. - The company has established a catalytic combustion waste gas treatment system and seven sets of UV + activated carbon adsorption treatment devices to ensure compliance with air quality standards[148]. - The company invested CNY 450,000 in environmental governance and protection during the reporting period[150]. Employee Management - The total number of employees at the end of the reporting period is 207, with 189 from the parent company and 18 from major subsidiaries[129]. - The company has implemented a performance-oriented reward system to enhance employee welfare and ensure internal equity[131]. - Training programs are in place to improve employee skills, including external and internal training, job rotation, and mentorship initiatives[132]. - The company emphasizes a "people-oriented" management philosophy to align employee value with corporate growth[131]. Shareholder Relations - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares (including tax) based on a total share capital of 223,093,872 shares as of December 31, 2023[4]. - The cash dividend amount proposed is CNY 22,309,387.20, which represents 100% of the total profit distribution amount[135]. - The company has provided online voting options for minority shareholders to participate in decision-making regarding profit distribution[135]. - The board of directors must obtain a majority vote for any adjustments to the profit distribution policy, ensuring transparency and stakeholder involvement[134]. Financial Controls and Audit - The company has established a complete internal control system, with no significant internal control deficiencies reported during the period[137]. - The internal control audit report received a standard unqualified opinion, indicating no significant deficiencies in non-financial reporting[141]. - The company has maintained its accounting firm for three consecutive years, ensuring continuity in audit services[170]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion yuan, representing a year-over-year growth of 15%[164].