Guoguang Electric (688776)2024-05-13 09:36Financial Performance - In 2023, the company reported a revenue of 745 million yuan, a decrease of 18.21% year-on-year [1] - The net profit attributable to shareholders was 90.35 million yuan, down 45.59% compared to the previous year [1] - For Q1 2024, revenue reached 159 million yuan, reflecting a growth of 3.85% [1] Dividend Distribution - The company plans to distribute a cash dividend of 2.00 yuan per 10 shares (before tax), resulting in a cash dividend ratio of 23.99% for 2023 [2] R&D and Innovation - The company has 13 core technologies applied in its main products, focusing on "vacuum and microwave" as its two main technological lines [2] - Continuous investment in R&D is emphasized to enhance market share and respond to market opportunities [2] Market and Product Development - The company is involved in key national projects, with products used in aerospace, radar communication, and international research collaborations [2] - The company is actively pursuing nuclear fusion projects in Hefei and Chengdu, ensuring timely communication with stakeholders [3] Challenges and Strategic Responses - The decline in revenue and profit in 2023 was attributed to delayed orders and delivery in the microwave device sector due to industry demand [3] - The company aims to enhance its product structure by focusing on microwave devices, nuclear industry equipment, and safety accessories [3] Future Outlook - The company is committed to expanding its market presence by leveraging technological advantages and deepening customer engagement [4] - Ongoing projects in the nuclear sector and the development of new products are expected to drive future growth [5]