INTERACT(SZ:300419)2024-04-29 15:48Financial Performance - The overall revenue for 2023 decreased due to the strategic shift towards high-margin businesses, resulting in a decline in net profit as well[3]. - The company's operating revenue for 2023 was ¥546,752,405.56, a decrease of 48.39% compared to ¥1,059,391,158.24 in 2022[21]. - The net profit attributable to shareholders for 2023 was -¥161,803,018, representing a decline of 505.64% from a profit of ¥39,888,150.2 in 2022[21]. - The net cash flow from operating activities for 2023 was ¥79,173,649.9, an increase of 150.91% compared to ¥155,525,651 in 2022[21]. - The total assets at the end of 2023 were ¥866,813,466.55, down 23.09% from ¥1,127,098,935.14 in 2022[21]. - The net assets attributable to shareholders decreased by 26.44% to ¥450,107,184.26 in 2023 from ¥611,910,202.89 in 2022[21]. - The company reported a basic and diluted earnings per share of -¥0.44 for 2023, a decrease of 500% from ¥0.11 in 2022[21]. - The company reported a net profit of -¥161,803,018.63, indicating a significant loss compared to the previous year[74]. - The company’s net profit for 2023 was -CNY 196.6926 million, with a net profit attributable to shareholders of -CNY 161.8030 million[142]. Internal Control and Governance - The company reported a significant internal control deficiency in financial reporting, with one major defect identified[3]. - The audit report issued by Zhongshen Zhonghuan CPA indicates a qualified opinion, and the board has provided detailed explanations regarding related matters[3]. - The internal control environment is under continuous improvement to ensure compliance with accounting standards and regulations[173]. - The company has established a risk internal control management organization to supervise and evaluate internal control management[150]. - The internal control evaluation report indicates that 100% of the company's total assets and operating income were included in the evaluation scope[173]. - The company has implemented corrective measures to address the internal control deficiencies, including a comprehensive review of internal control systems and enhanced supervision[170]. - The company has established a comprehensive corporate governance structure, including a board of directors with 7 members and 3 independent directors[155]. - The company has a dedicated team responsible for internal audits to ensure compliance with financial and operational policies[167]. Strategic Focus and Market Position - The company is focusing on business layout adjustments to enhance profitability by reducing low-margin operations[3]. - The company plans to enhance its service range and product quality to capture market opportunities amid the industry's growth[29]. - The company aims to enhance its digital finance and enterprise digital services while gradually reducing the proportion of basic infrastructure digitalization services[30]. - The company is committed to digital innovation in the domestic security field, providing practical digital solutions for public safety departments[40]. - The company is actively pursuing mergers and acquisitions to accelerate strategic implementation while enhancing internal control management systems[31]. - The company aims to strengthen its position in the market through deep participation in the Xinchuang strategic ecosystem, enhancing collaboration with partners[97]. - The company plans to maintain strategic cooperation with mainstream domestic software and hardware manufacturers to enhance its digital infrastructure solutions[94]. Research and Development - Investment in R&D increased by 30% in 2023, focusing on innovative technologies and product development[118]. - The company’s R&D investment amounted to ¥38,480,943.93, representing 7.04% of operating revenue, an increase from 3.52% in the previous year[70]. - The company is committed to adapting its R&D investments based on market demands and customer needs[65]. - The company has implemented a comprehensive training program to enhance employee skills and capabilities[137]. Future Outlook - The company provided a positive outlook for 2024, projecting a revenue growth of 20% driven by new product launches and market expansion strategies[118]. - The company aims to launch three new products in 2024, which are anticipated to contribute an additional 200 million RMB in revenue[118]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2024[118]. - The company has set a performance guidance of 1.8 billion yuan for the next fiscal year, reflecting a 20% increase from the current year[183]. Shareholder Engagement and Compliance - The company has established various communication channels with investors, including online performance briefings and investor relations platforms, to enhance shareholder engagement[177]. - The company has committed to ensuring that any share reductions by insiders will not occur below the issuance price[189]. - The company will disclose its share repurchase plan within three trading days after obtaining the necessary approvals[195]. - The company emphasizes compliance with legal regulations and stock exchange rules regarding shareholding and reduction commitments[199]. Employee Management - The total number of employees at the end of the reporting period is 484, with 80 in the parent company and 404 in major subsidiaries[134]. - The professional composition includes 57 sales personnel, 362 technical staff, and 65 administrative personnel, totaling 484[134]. - The company has a performance-oriented compensation policy that aligns salary with job value and considers market salary surveys[135]. - The company emphasizes employee rights protection, providing a safe and healthy work environment while adhering to labor laws and improving employee welfare systems[178].