ANCHE TECHNOLOGIES(300572)2023-04-25 16:00Financial Performance - In 2022, the net profit attributable to shareholders was -31.41 million RMB, a decrease of 406.21% year-on-year [5]. - The company's operating revenue for 2022 was ¥447,785,075.88, a decrease of 5.39% compared to ¥473,311,882.20 in 2021 [25]. - The net profit attributable to shareholders for 2022 was -¥31,405,512.48, representing a decline of 406.21% from ¥10,256,036.70 in 2021 [25]. - The company reported a basic earnings per share of -¥0.14 for 2022, down 380.00% from ¥0.05 in 2021 [25]. - The weighted average return on equity was -1.47% in 2022, a decrease of 2.05% from 0.58% in 2021 [25]. - The company reported non-recurring gains of ¥18,839,711.99 in 2022, compared to ¥20,685,355.03 in 2021 [31]. - The company achieved total operating revenue of 447.7851 million yuan, a year-on-year decrease of 5.39% [57]. - The net profit attributable to shareholders was -31.4055 million yuan, a year-on-year decline of 406.21% [57]. - The company reported a weighted average return on equity of -1.47% [57]. - The company’s consolidated net profit attributable to shareholders for 2022 was -31.41 million yuan, while the parent company's net profit was 6.82 million yuan [178]. Market Trends and Industry Outlook - The overall industry outlook remains positive, with expectations of gradual recovery in inspection volumes as vehicle ownership increases [6]. - The demand for vehicle inspection systems is expected to grow due to the increasing number of vehicles and stricter regulatory standards in China [35]. - The number of newly registered electric vehicles in China surged from 1.07 million in 2018 to 5.35 million in 2022, indicating a significant market opportunity for vehicle inspection systems [37]. - The company anticipates a gradual recovery in vehicle inspection demand as the vehicle ownership rate increases and vehicle ages rise [58]. - The company expects the vehicle inspection service market to grow as the number of vehicles and their ages increase in the future [69]. - The company is closely monitoring changes in national vehicle inspection policies, which could impact market demand for its products, and is prepared to adapt its strategies accordingly [116]. - The company faces increasing competition in the vehicle inspection system market, necessitating continuous investment in R&D and market expansion to maintain its competitive edge [119]. Innovation and Technology - The company holds 94 patents and 190 software copyrights, showcasing its strong focus on innovation and technology in the vehicle inspection sector [9]. - The company aims to enhance its product and service quality, improve solution design capabilities, and expand its application fields in vehicle inspection systems while exploring overseas markets [44]. - The company is actively developing new technologies, including a battery swap system for light trucks, which aims to enhance its competitiveness in the electric vehicle market [84]. - The company is leveraging advanced electrochemical functions, detection algorithms, and big data technologies to develop high-safety and high-reliability battery detection equipment, with plans to expand sales channels to major clients in the battery manufacturing and testing sectors [111]. - The company has developed three battery swapping technology routes for light trucks, passenger vehicles, and top-lifting swapping, targeting the commercial logistics vehicle market to address the long charging times and reduce costs for vehicle owners and operators [112]. - The company is increasing R&D investment in integrated die-casting machines and intelligent electric injection molding equipment, aiming to enhance production efficiency and product quality through advanced technologies [113]. Strategic Plans and Acquisitions - The company plans to expand its downstream service market, particularly in inspection operations, to enhance profitability and business synergy [9]. - The company is focusing on expanding its service network and improving service efficiency to increase market share in the vehicle inspection industry [109]. - The company plans to transition towards battery testing equipment and safety assurance systems, aiming to create new growth points for performance [107]. - The company plans to expand its market presence through acquisitions, including a 51% stake in Shenzhen Yuejian and Guangdong Yuejian [71]. - The company is actively expanding its vehicle inspection service market through acquisitions and the establishment of new inspection stations [56]. - The company has completed the acquisition of 70% equity in Mengyin Jincheng for 20.048 million CNY, with 3.024 million CNY already paid [101]. - The company plans to use 60.298 million yuan of uninvested raised funds to acquire 70% equity stakes in three vehicle inspection stations, enhancing its risk resistance and funding efficiency [102]. Operational Efficiency and Cost Management - The company aims to enhance its management efficiency by reducing costs and improving work efficiency through a flat organizational structure and increased use of information technology [115]. - The company is implementing new strategies to enhance operational efficiency, targeting a reduction in operational costs by 10% over the next fiscal year [145]. - The company has reported a significant increase in personnel costs, which rose by 8.14% to ¥41,321,902.20, making up 18.17% of total costs [79]. - The company experienced a 22.18% reduction in sales expenses, totaling ¥59,133,773.73 [82]. - The company has established a comprehensive supply chain management system, ensuring stable supply and competitive pricing through strategic partnerships with key suppliers [49]. Governance and Compliance - The company maintains a governance structure that protects the interests of minority shareholders and complies with relevant laws and regulations [135]. - The company has established a governance structure that complies with the Company Law and Articles of Association, continuously optimizing its organizational structure [137]. - The company has a well-defined governance framework involving the shareholders' meeting, board of directors, supervisory board, and management [137]. - The company ensures transparent information disclosure, allowing all shareholders equal access to public information [134]. - The company has implemented a stock option incentive plan since 2020, with various approvals and adjustments made through board and supervisory meetings [179][180][181]. Employee and Stakeholder Relations - The company prioritizes employee rights, with compliance to labor laws and provision of various insurance and housing fund contributions [197]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 7.1428 million [162]. - The company has implemented various training programs, including new employee training and specialized training for senior staff [174]. - The company has zero retired employees requiring financial support, indicating a focus on maintaining a stable workforce [171]. Environmental Responsibility - The company and its subsidiaries are not listed as key pollutant discharge units by environmental protection departments [193]. - No administrative penalties were imposed on the company or its subsidiaries during the reporting period due to environmental issues [193]. - The company actively fulfills its corporate responsibilities and respects the rights of stakeholders, including employees and customers [195].