ZANYU TECHNOLOGY(002637)2023-04-25 16:00Financial Performance - The company's operating revenue for 2022 was ¥11,235,257,553.61, representing a slight increase of 0.30% compared to ¥11,201,212,668.12 in 2021[19]. - The net profit attributable to shareholders of the listed company was -¥69,872,915.31, a significant decrease of 108.78% from ¥796,031,719.07 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥81,758,530.63, down 110.20% from ¥801,367,891.47 in 2021[19]. - The cash flow from operating activities increased by 51.81% to ¥273,704,924.77 from ¥180,299,184.55 in 2021[19]. - The total assets at the end of 2022 were ¥7,667,447,961.57, a decrease of 8.93% from ¥8,419,519,496.68 at the end of 2021[19]. - The net assets attributable to shareholders of the listed company decreased by 11.49% to ¥3,570,816,485.78 from ¥4,034,167,669.06 in 2021[19]. - The basic earnings per share for 2022 was -¥0.15, a decline of 108.77% compared to ¥1.71 in 2021[19]. - The company reported a quarterly operating revenue of ¥3,343,132,870.98 in Q3 2022, with a net profit attributable to shareholders of -¥234,348,138.63[24]. - The company reported a net loss attributable to shareholders of CNY 0.70 billion, a decrease of 108.78% compared to the previous year[55]. - The company achieved total operating revenue of CNY 11.24 billion, a year-on-year increase of 0.3%[55]. Dividend Distribution - The company plans to distribute a cash dividend of 1 RMB per 10 shares to all shareholders, based on a total of 470,401,000 shares[4]. - The company has not proposed any stock bonus or capital increase from reserves in the profit distribution plan[4]. - The company reported a cash dividend of 47,040,100.00 CNY, which is 1 CNY per 10 shares, representing 100% of the total profit distribution[168]. - The total distributable profit for the period was 877,737,720.00 CNY[168]. - As of December 31, 2022, the distributable profit attributable to shareholders was 1,739,362,013.65 CNY, with 877,737,720.00 CNY available for distribution to the parent company shareholders[170]. Market Position and Growth - The company aims to extend its industrial chain by focusing on both daily chemicals and oil chemicals, seeking further development opportunities[36]. - The domestic market for surfactants is expected to grow at an annual rate of over 8% due to increasing consumer demand and hygiene awareness[32]. - The company is positioned as a leading enterprise in the research and production of surfactants and oil chemical products in China[37]. - The company has established a liquid detergent OEM/ODM production line with an annual capacity of 100,000 tons in Jiangsu, and plans to build additional projects with a total capacity of 1.5 million tons[38]. - The company is focusing on expanding into the OEM field for daily chemical products to create new growth points and enhance customer loyalty[111]. Research and Development - The company applied for 15 government research projects in 2022, with 6 projects approved and 3 provincial projects completed[51]. - The company launched 7 new products and technologies in 2022, with 3 results successfully transformed[51]. - The company is investing 200 million RMB in R&D for new product development, focusing on innovative technologies in the next two years[119]. - The company has developed a new home cleaning agent formula, enhancing its competitiveness and creating significant economic benefits[74]. - The company has developed a method for producing stearic acid from low-grade oils, improving product quality and reducing production costs[77]. Environmental Compliance - The company strictly adheres to multiple environmental protection laws and standards, ensuring compliance in pollutant discharge[180]. - The company reported a total wastewater discharge of 2.244 tons per year for chemical oxygen demand, with ammonia nitrogen at 0.224 tons per year, both within the regulatory limits[184]. - The company has implemented measures to ensure that all major pollutants are within the permitted discharge limits, with no instances of exceeding these limits reported[184]. - The company’s emissions of sulfur dioxide were reported at 0.546 tons per year, also compliant with environmental standards[184]. - The company has successfully maintained compliance with air pollution discharge standards, with particulate matter emissions recorded at 1.6774 tons per year[189]. Risk Management - The company emphasizes risk control measures, including strict management of foreign exchange derivative transactions and regular audits of trading activities[100]. - The company faces risks including price volatility, liquidity, internal control, and technical risks in derivative trading[100]. - The company has implemented measures to monitor and adjust foreign exchange derivative strategies in response to market changes[100]. - The company is committed to enhancing its risk management capabilities through derivatives trading, which is deemed necessary for its operational stability[101]. Corporate Governance - The company has established a governance structure that complies with the requirements of the China Securities Regulatory Commission and the Shenzhen Stock Exchange[125]. - The company has a dedicated investor relations management team that actively engages with investors through various communication channels[127]. - The company has implemented a transparent information disclosure system, ensuring all shareholders receive timely and accurate information[126]. - The company has a clear asset ownership structure, with no reliance on shareholders for production or operational facilities[129]. - The company has a structured salary policy that includes basic salary, position salary, and performance bonuses, reflecting employee qualifications and company performance[164]. Operational Efficiency - The company has reported a significant improvement in operational efficiency, reducing costs by 10% through process optimization initiatives[141]. - The company aims to reduce operational costs by 8% through process optimization initiatives in 2023[187]. - The company has implemented new strategies to enhance environmental compliance and reduce emissions across its operations[189]. - The company has established 3 sets of waste gas treatment facilities in its production process, ensuring stable and compliant emissions[190]. Future Outlook - The company plans to enhance R&D efforts, with a focus on new technologies such as sulfonation processes and the production of green surfactants like alkyl polyglucoside (APG) and amino acid salts[111]. - The company has outlined a performance guidance for 2023, expecting a revenue growth of 18% and a net profit increase of 22%[119]. - The company is exploring potential mergers and acquisitions to enhance its product portfolio and market reach, with a budget of 500 million RMB allocated for this purpose[119]. - The company plans to implement strict inventory management and optimize raw material procurement strategies to mitigate the impact of raw material price volatility on its operations[112].