宝莫股份(002476) - 2023 Q4 - 年度财报

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2023, reflecting a year-on-year growth of 15%[20]. - The company's operating revenue for 2023 was CNY 387,338,190.19, a decrease of 34.60% compared to CNY 592,284,770.21 in 2022[21]. - The net profit attributable to shareholders was CNY 29,630,378.1, reflecting a significant decline of 82.38% from the previous year's CNY 17,948,109.8[21]. - Basic earnings per share dropped to CNY 0.0086, down 82.27% from CNY 0.0293 in the previous year[21]. - The company reported a net profit of CNY 5,468,510.01 in Q4 2023, marking a recovery from losses in the earlier quarters[27]. - The company achieved operating revenue of CNY 387,338,190.19, a decrease of 34.60% compared to the previous year[46]. - Net profit attributable to shareholders was CNY 5,233,314.15, down 82.38% year-on-year, primarily due to a reduction in customer orders for chemical products[46]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year, representing a growth of 20% compared to the previous year[100]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 0.1 RMB per 10 shares to all shareholders, based on a total of 612,000,000 shares[4]. - The company plans to distribute a cash dividend of CNY 0.1 per 10 shares (including tax), totaling CNY 6,120,000.00, which represents 100% of the profit distribution[123]. - The total number of shares outstanding is 612,000,000, with 99.99% being unrestricted shares[189]. - The largest shareholder, Tibet Taiyi Feng Information Technology Co., Ltd., holds 15.80% of the shares, totaling 96,698,000 shares[191]. - The company has no foreign institutional shareholders, and all shares are held by domestic investors[189]. Strategic Partnerships and Acquisitions - The company has announced a strategic partnership with Sichuan Xingtianfu Hongling Enterprise Management Co., Ltd., which will involve the transfer of 15.8% of its shares[19]. - The company completed the acquisition of a 36% stake in Liling Rijing Mining Development Co., Ltd., which is now a subsidiary of Chengdu Baomo[184]. - The company signed a framework agreement for the transfer of control to Xizang Taiyifeng, involving 96,698,030 shares, representing 15.8% of total shares, with the transfer completed by January 5, 2024[181]. Operational Changes and Risks - The company has identified various operational risks in its annual report, which are detailed in the management discussion and analysis section[4]. - The company has acknowledged uncertainties regarding its ability to continue as a going concern, as indicated by the negative net profit figures over the past three years[22]. - The company faces risks related to oil price fluctuations, high customer concentration, raw material price volatility, and exchange rate changes, which could impact business performance[88]. Research and Development - The company is enhancing innovation capabilities and optimizing resource allocation to explore new fields and industries, aiming to cultivate new profit growth points[35]. - The company has developed new products such as high-performance crude oil viscosity reducers and various polymer products, indicating a strong focus on R&D and industrial application[35]. - The company is developing a new type of polyacrylamide production process, targeting a molecular weight of 25-40 million and a hydrolysis degree of 50-80%[65]. - The company completed the development of a multi-functional fatty amide for enhanced oil recovery, aiming to reduce interfacial tension below 10-3 mN/m[63]. Environmental and Safety Compliance - The company has achieved certification for its occupational health and safety management system and environmental management system[148]. - The company has no recorded administrative penalties for environmental issues during the reporting period[147]. - The wastewater treatment facility has a processing capacity of 35 tons per hour and operates normally, with pre-treated wastewater transported to Sinopec for further purification[143]. - The company has established an emergency response plan for environmental incidents, which has been filed with the local ecological environment bureau[144]. Governance and Management - The company emphasizes strict compliance with regulatory requirements and internal control systems to ensure governance and operational integrity[86]. - The company is committed to enhancing its corporate governance and has appointed two new independent directors to strengthen oversight[104]. - The board of directors held six meetings in 2023, addressing various operational and financial matters, including quarterly reports and environmental project agreements[92]. - The company has established an independent financial department with its own accounting system and tax obligations, ensuring financial autonomy[96]. Market Expansion and Sales - The company is actively pursuing market expansion in North America, Southeast Asia, and Central Asia, indicating a strategic focus on international markets[34]. - The company plans to enhance customer service and product quality to seek new growth points in overseas markets[54]. - The company intends to deepen international market expansion, particularly in North America, the Middle East, and Southeast Asia, through increased participation in international exhibitions and e-commerce platforms[85]. Financial Management - The company has not engaged in any securities or derivative investments during the reporting period[78]. - The company has not reported any penalties or rectification measures during the reporting period[161]. - The company has not experienced any major litigation or arbitration matters during the reporting period[159]. - The company has not made any changes to the scope of consolidated financial statements compared to the previous year[156].