RTGF(605133)2025-04-18 11:50Financial Performance - The company's operating revenue for 2024 reached ¥2,351,918,173.82, representing a year-on-year increase of 16.42% compared to ¥2,020,164,966.74 in 2023 [24]. - Net profit attributable to shareholders was ¥163,399,545.61 in 2024, an increase of 11.93% from ¥145,984,303.30 in 2023 [24]. - The cash flow from operating activities significantly improved to ¥383,092,117.11, a 215.30% increase from ¥121,502,007.95 in 2023 [24]. - Basic earnings per share rose to ¥0.89, an increase of 8.54% from ¥0.82 in 2023 [25]. - The total assets of the company at the end of 2024 were ¥4,595,250,797.88, reflecting a 5.49% increase from ¥4,356,007,716.15 in 2023 [24]. - The weighted average return on equity increased slightly to 6.18% in 2024, compared to 6.14% in 2023 [25]. - The company achieved operating revenue of 2.352 billion yuan, a year-on-year increase of 16.42%, and a net profit attributable to the parent company of 163 million yuan, up 11.93% year-on-year [33]. - The net profit after deducting non-recurring gains and losses was ¥138,427,929.60, reflecting a growth of 10.90% year-on-year [48]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.15 per share, totaling RMB 32,361,754.80 (including tax) based on 215,745,032 shares after accounting for treasury stock [7]. - The company aims for a cash dividend distribution of at least 10% of the distributable profit each year, with higher percentages based on the company's development stage and capital expenditure plans [121]. - The cash dividend payout ratio for the most recent fiscal year is 62.08% [130]. - The cumulative cash dividend amount over the last three accounting years is 91,672,335.92 yuan, with an average annual net profit of 147,674,649.94 yuan [129]. Risk Management - There are no significant risks that could materially affect the company's operations during the reporting period [11]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties [10]. - The company has detailed various risks and countermeasures in the management discussion and analysis section of the report [11]. - The company faces risks related to industry fluctuations, particularly in the automotive sector, which is highly cyclical [90]. - The company is exposed to raw material price volatility, particularly in aluminum alloy ingots, which directly impacts production costs [91]. Corporate Governance - The board of directors and supervisory board members have all attended the board meeting, ensuring accountability for the report's accuracy [5]. - The board of directors has established and strictly implemented rules for meetings and independent director work guidelines, ensuring compliance with legal and regulatory requirements [95]. - The company has maintained a transparent information disclosure policy, designating the Shanghai Securities News and the Shanghai Stock Exchange website for announcements [96]. - The total remuneration for the chairman, Xia Chengliang, was 89.12 million yuan, while the general manager, Zhu Huaxia, received 58.84 million yuan [97]. - The company has not faced significant differences in governance compared to regulatory requirements [96]. Market Expansion and Strategy - The company has expanded its market presence in North America and Europe, leveraging high-quality customer resources and global layouts in Mexico and Thailand [33]. - New projects and customers in the new energy vehicle sector include partnerships with Bosch, ZF, Thyssenkrupp, and NIO, among others [34]. - The company is actively cultivating a second growth curve by exploring new business segments such as robotics and industrial automation [35]. - The company aims to enhance its R&D investment and strengthen technological innovation to develop high-tech, high-value-added products [85]. - The company plans to optimize its existing product structure and improve brand influence to increase market share [85]. Environmental and Social Responsibility - The company invested CNY 1,394.42 million in environmental protection during the reporting period [136]. - The company has achieved a waste gas treatment efficiency of over 90% for its casting operations [138]. - The company has a comprehensive waste management strategy, including recycling and proper disposal of hazardous waste [139]. - The company plans to install photovoltaic power generation systems on factory rooftops to further reduce carbon emissions [144]. Internal Controls and Auditing - The company has established a robust internal control system that meets the requirements of relevant regulatory bodies [134]. - The internal control audit report issued by Zhonghui Certified Public Accountants confirmed effective financial reporting internal controls [135]. - Management is responsible for assessing the company's ability to continue as a going concern and for the preparation of financial statements in accordance with accounting standards [199]. Shareholder Information - The largest shareholder, Zhuhai Runcheng Investment Co., Ltd., holds 39.30% of the shares, totaling 73,127,125 shares [175]. - The total number of ordinary shareholders increased to 15,278 by the end of the reporting period, up from 13,057 in the previous month [173]. - The company has implemented share repurchase during the reporting period, details of which are available in the important matters section [186]. - The total amount for the share repurchase is set to be no less than 30 million yuan and no more than 60 million yuan [187].