Forecam(SH:688010)2024-05-29 10:26Group 1: Company Overview and Performance - Fujian Fuguang Co., Ltd. specializes in the research and production of optical lenses and optoelectronic systems, serving major national aerospace projects and high-end equipment [1] - In 2023, the company reported a revenue of CNY 58.72 million, a decrease of 24.81% year-on-year, and a net loss of CNY 6.83 million, marking a decline of 333.11% [1] Group 2: Future Plans and Dividend Policy - The company has established a three-year dividend plan (2024-2026), committing to distribute at least 10% of the annual distributable profits in cash, contingent on the absence of major investment plans [2] - To improve operational performance and profitability, the company will focus on technological innovation, market expansion, and cost control measures [2] Group 3: Factors Affecting Performance - The significant decline in performance is attributed to several factors, including: - A decrease in sales revenue and gross profit from customized products by CNY 76.32 million and CNY 33.50 million, respectively, due to market cyclicality and delays in customer production plans [3] - A reduction in sales revenue and gross profit from non-customized optical lenses by CNY 133.24 million and CNY 40.76 million, primarily in security lenses and projection equipment [3] - Increased credit impairment losses and asset impairment losses totaling CNY 2.54 million due to extended accounts receivable recovery periods and slower inventory turnover [3] - Rising R&D expenses, with personnel costs increasing by CNY 2.58 million and direct investments by CNY 2.50 million [3] - A decrease in fair value gains from non-current financial assets by CNY 19.14 million due to the performance of associated enterprises [3] - A reduction in exchange gains by CNY 3.63 million due to currency fluctuations [3]