lolo(000848)2025-04-23 14:20Financial Performance - The company's operating revenue for 2024 reached ¥3,287,292,242.27, an increase of 11.26% compared to ¥2,954,638,663.07 in 2023[18]. - Net profit attributable to shareholders for 2024 was ¥666,239,411.22, reflecting a growth of 4.41% from ¥638,126,055.28 in 2023[18]. - The net profit after deducting non-recurring gains and losses was ¥657,724,062.44, up 3.65% from ¥634,573,428.81 in the previous year[18]. - The company's total assets increased by 9.81% to ¥4,591,344,198.86 at the end of 2024, compared to ¥4,181,239,025.28 at the end of 2023[18]. - The weighted average return on net assets decreased to 20.55%, down 1.47 percentage points from 22.02% in 2023[18]. - The basic earnings per share for 2024 was ¥0.64, a 4.92% increase from ¥0.61 in 2023[18]. - The net cash flow from operating activities for 2024 was ¥630,404,373.97, a slight increase of 0.48% from ¥627,422,667.83 in 2023[18]. - The total profit reached 880.07 million yuan, reflecting a growth of 4.03% year-over-year[31]. - The net profit amounted to 666.17 million yuan, marking a 4.39% increase from the previous year[31]. - The revenue from plant protein beverages accounted for 99.92% of total operating revenue, amounting to ¥3,284,648,447.79, with a year-on-year growth of 11.25%[49]. Shareholder Information - The company plans to distribute a cash dividend of 3 RMB per 10 shares (including tax) to all shareholders based on the total number of shares eligible for profit distribution as of the record date[4]. - The total distributable profit for the period is reported at 1,671,325,258.95 CNY[128]. - The company plans to distribute a cash dividend of 3 CNY per 10 shares (including tax), with a total cash dividend amounting to 314,866,222.20 CNY, which represents 100% of the total profit distribution[128]. - The company has approved a stock incentive plan, granting 13 million restricted shares to 5 individuals, representing approximately 1.24% of the total share capital[129]. - The total number of shares held by the chairman, Shen Zhijun, increased to 8,500,000 shares through a restricted stock incentive plan[94]. - The total number of shares held by the vice chairman and general manager, Liang Qichao, also increased to 2,000,000 shares through a similar incentive plan[94]. Business Operations - The company has not reported any changes in its main business since its establishment in 1997, maintaining a consistent operational focus[15]. - The company operates under the supervision of the China Securities Regulatory Commission and is listed on the Shenzhen Stock Exchange[12]. - The company has established a dedicated management department for information disclosure and compliance[14]. - The company has a comprehensive management team, with key personnel including the legal representative and accounting supervisor[12]. - The company has a designed production capacity of 510,000 tons per year, with an actual production of 315,405.06 tons in 2024[42]. - The company developed 141 transportation hub stores and 203 school stores during the reporting period, enhancing its distribution network[34]. - The company is focusing on developing a series of health-oriented beverages with natural ingredients, aiming to meet the diverse needs of health-conscious consumers[62]. Market Strategy - The company plans to focus on product innovation and category upgrades to enhance competitiveness in the plant-based beverage market[31]. - New product launches include flavors such as "Almond Coffee" and "Almond Jasmine Tea" to cater to diverse consumer preferences[32]. - The company emphasizes a multi-channel development strategy, integrating online and offline marketing efforts to expand its market presence[31]. - The company is enhancing brand recognition through various marketing strategies, including collaborations with other brands and extensive advertising campaigns[33]. - The company plans to expand its product line and strengthen brand promotion to increase market share[43]. - The company launched several new products, including almond and coffee beverages, and low-sugar plant-based milk tea, aimed at diversifying its product offerings and expanding its consumer base[62]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and the potential risks in future operations[4]. - The company faces supply risks for key raw materials such as wild almonds and sugar, which may be affected by climate and market conditions, and plans to enhance procurement channels and manage costs effectively[84]. - The company emphasizes the importance of food safety and quality management, ensuring that no major quality issues have been reported while continuously improving quality control measures[85]. Governance and Compliance - The company is committed to ensuring the accuracy and completeness of its financial reports, with all board members present for the report's approval[4]. - The company has established independent financial and operational systems, ensuring compliance with legal regulations and maintaining independence from its controlling shareholder[90]. - The company faced regulatory measures from the Hebei Securities Regulatory Bureau due to non-compliance issues in information disclosure and corporate governance[108]. - The board of directors held multiple meetings throughout 2024, with significant resolutions made in January, March, April, August, September, October, and December[112]. - The company has implemented a quality improvement action plan to enhance product quality and customer satisfaction[87]. Environmental Responsibility - The company has invested approximately CNY 360,000 annually in environmental governance and protection, along with CNY 27,200 in environmental protection taxes[149]. - The company has implemented a wastewater treatment facility that meets environmental assessment requirements, ensuring compliance with pollution discharge standards[146]. - The company has achieved a maximum COD discharge concentration of 28 mg/L, which is below the industry standard of 360 mg/L[145]. - The company has developed a supply chain for wild almonds, benefiting approximately 300,000 local farmers, which accounts for 30% of the remaining labor force in the area[155]. Employee Engagement - The total number of employees at the end of the reporting period is 1,292, with 1,146 in the parent company and 146 in major subsidiaries[120]. - The company conducted 256 training sessions during the reporting period, with a total of 6,827 participants and 24,832 training hours, achieving a 100% employee training coverage[123]. - The company has established a performance evaluation mechanism for senior management, linking compensation to performance[133]. - The employee stock ownership plan management committee was elected on April 25, 2024, to oversee the plan's implementation and effectiveness[136]. Research and Development - Research and development expenses decreased by 48.36% to ¥15,783,776.88, primarily due to a focus on laboratory formula research[48]. - The company has a strong patent portfolio with 86 patents, including 12 invention patents, reinforcing its technological capabilities in the industry[46]. - The number of R&D personnel remained stable at 105, with a notable increase in master's degree holders by 20% from 10 to 12[63].