Core Viewpoint - The company, Shanghai Sinan Navigation Technology Co., Ltd., has issued a correction announcement regarding its 2024 annual report and related disclosures, clarifying inaccuracies without affecting its main business or financial performance [1][5]. Correction Details - The correction pertains to the details of the use of raised funds, specifically in the section regarding the use of excess raised funds, where previous figures were inaccurately reported [1][5]. - The corrected figures for the use of excess funds include: - Permanent replenishment: corrected from 9,985.56 million to 8,076.12 million - Share repurchase: remains at 2,957.24 million - Unused funds: remains at 3,021.11 million - Total corrected amount remains at 12,942.80 million [1][5]. Financial Impact - The company asserts that the corrections do not impact the 2024 balance sheet, income statement, or cash flow statement, and will not have a significant effect on the company's financial performance for the year [1][5]. Operational Performance - The company reported production and sales figures for its main products, including: - High-precision GNSS modules: production of 468,802 units, sales of 196,637 units, with a production increase of 75.17% year-on-year [4]. - Data acquisition devices: production of 44,176 units, sales of 39,674 units, with a production increase of 2.63% year-on-year [4]. - Agricultural machine automatic navigation systems: production of 12,257 units, sales of 8,521 units, with a production increase of 70.24% year-on-year [4]. Asset and Liability Overview - The company’s financial position includes: - Cash and cash equivalents: 673.49 million, representing 51.08% of total assets [3]. - Accounts receivable: 320.46 million, accounting for 24.30% of total assets [3]. - Inventory: 134.57 million, which is 10.21% of total assets [3]. - The company has also reported a significant increase in contract liabilities, which rose by 354.64% to 154.53 million [3].
司南导航: 关于2024年年度报告及相关公告的更正公告