RSIT(688215)2023-04-25 16:00Financial Performance - The company achieved a net profit attributable to shareholders of RMB 9,594,491.87 for the year 2022, with a cash dividend payout ratio of 50.08%[5]. - The proposed cash dividend is RMB 1.2 per 10 shares, totaling RMB 4,804,800 based on a total share capital of 40,040,000 shares[5]. - As of December 31, 2022, the company's distributable profits amounted to RMB 33,808,142.70[5]. - The company has not yet achieved profitability since its listing[4]. - The company's operating revenue for 2022 was CNY 306,037,770.60, representing a 53.16% increase compared to CNY 199,818,307.24 in 2021[21]. - The net profit attributable to shareholders decreased by 27.63% to CNY 9,594,491.87 from CNY 13,257,044.98 in the previous year[21]. - The net profit after deducting non-recurring gains and losses increased by 50.65% to CNY 7,208,601.83 from CNY 4,784,875.40 in 2021[21]. - The company's total assets increased by 19.78% to CNY 717,653,464.24 at the end of 2022, up from CNY 599,154,225.74 at the end of 2021[21]. - The basic earnings per share decreased by 27.27% to CNY 0.24 in 2022, down from CNY 0.33 in 2021[22]. - The weighted average return on net assets was 2.18%, down from 3.05% in 2021, reflecting a decrease of 0.87 percentage points[22]. - The net cash flow from operating activities was negative at CNY -48,084,624.81, compared to CNY -5,421,251.34 in 2021[21]. - The net assets attributable to shareholders increased slightly by 0.82% to CNY 441,394,700.12 at the end of 2022[21]. Research and Development - The R&D expenditure as a percentage of operating revenue was 7.99%, a decrease from 9.74% in the previous year[22]. - The company applied for 71 intellectual property rights in 2022, including 8 invention patents and 52 utility model patents, and received 83 authorized intellectual property rights[36]. - The company increased its R&D investment by 25.69% year-over-year, totaling approximately ¥24.45 million in the current year[70]. - The total R&D expenditure accounted for 7.99% of the operating revenue, a decrease of 1.75 percentage points compared to the previous year[70]. - The company developed 36 R&D projects during the reporting period, including products like the "Intelligent Hanging S182 Transport System"[67]. - The company introduced 9 new core technologies, enhancing its technological capabilities and promoting sustainable development[65]. - The company has established a barcode recognition technology for sorting lines, improving efficiency in the flat sorting system[65]. - The company has implemented a remote upgrade technology for control modules, allowing automatic updates without user intervention[65]. - The company has developed a visual debugging and testing technology based on workstation control boards, aiding in continuous R&D of control modules[65]. Market Expansion and Sales - The company secured new sales orders totaling ¥520 million, with ¥373 million from intelligent logistics systems and ¥147 million from intelligent fire protection and ventilation systems[35]. - Overseas revenue grew by 232.89% year-on-year, indicating a strong recovery in international market expansion[35]. - The company is focusing on expanding its customer base and enhancing profitability through internal management improvements[23]. - The company is positioned to benefit from national policies supporting intelligent manufacturing, which provide a favorable environment for rapid development[145]. - The company plans to actively expand into overseas markets, seizing opportunities from new capacity developments abroad[147]. - The company will focus on applying its intelligent logistics and fire smoke exhaust systems across more industry scenarios[147]. Product Development and Innovation - The company has introduced new products such as lightweight material boxes, electric sliding skylights, clothing sorting machines, and the intelligent hanging S182 transport system, enhancing its product lineup in the smart factory sector[47]. - The company is advancing its product chain with innovations in SaaS-based management systems and IoT technologies, enhancing its competitive edge in the market[36]. - The company has completed the development of a smart sorting system, which is expected to enhance the stability and economic efficiency of the hanging system[78]. - The project aims to address the high customization demands in the industry, ensuring effective and stable solutions[77]. - The company has successfully developed a new electric window system that enhances the aesthetic integration with skylights while ensuring stability and airtightness[85]. - The new products are anticipated to significantly lower operational costs and improve production efficiency across the company's manufacturing facilities[84]. Governance and Management - The company has established a comprehensive governance structure, holding 4 shareholder meetings and 6 board meetings during the reporting period, ensuring legal and effective decision-making processes[153]. - The company has revised its governance-related systems to align with legal regulations and improve transparency for investors[154]. - The company has successfully passed all resolutions in its shareholder meetings, indicating strong governance and stakeholder engagement[155]. - The company has implemented a cash dividend policy, ensuring that at least 10% of the distributable profit is allocated as cash dividends if the net profit is positive[185]. - The company plans to prioritize cash dividends, with a minimum of 80% for mature stages without major capital expenditures, and 40% for mature stages with significant expenditures[186]. Operational Efficiency - The company is focused on integrating advanced technologies to improve the performance of existing products[74]. - The company has implemented advanced algorithms for multi-line collaborative production, enhancing accuracy and stability in material transmission[60]. - The automated sorting system can achieve flexible storage location settings, allowing for efficient pairing and sorting of products[62]. - The company is enhancing its product offerings with new technologies aimed at improving the efficiency of garment production and logistics[62]. - The company has established a robust supplier management system to ensure fair procurement practices[200]. Financial Management - The company reported a significant increase in other income, amounting to 8,568,007.56 million RMB, primarily from government subsidies[127]. - The company did not experience any reliance on a single customer or supplier exceeding 50% of total sales or purchases, indicating a diversified customer and supplier base[118][122]. - The company’s cash and cash equivalents increased to ¥94,928,955.32, representing 13.23% of total assets, up 57.92% from the previous period[128]. - The company reported a substantial increase in contract liabilities, which reached ¥78,719,693.43, a 100.19% increase compared to the previous period, indicating growth in customer prepayments[129]. - The company completed a capital increase of ¥80,000,000 to its wholly-owned subsidiary, Zhejiang Ruifeng, for the implementation of R&D and headquarters construction projects[134].