ATCDI(603357)2024-03-28 16:00Financial Performance - The company's operating revenue for 2023 reached ¥3,388,013,274.04, representing a year-on-year increase of 21.08% compared to ¥2,798,190,707.52 in 2022[25]. - The net profit attributable to shareholders for 2023 was ¥488,291,448.39, which is a 10.26% increase from ¥442,840,982.57 in 2022[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥525,561,224.52, up 22.04% from ¥430,635,172.73 in 2022[25]. - Basic earnings per share for 2023 were ¥0.90, a 10.26% increase compared to ¥0.81 in 2022[27]. - The weighted average return on equity for 2023 was 15.01%, an increase of 0.33 percentage points from 14.68% in 2022[27]. - The cash flow from operating activities for 2023 was ¥273,319,038.46, down 43.57% from ¥484,340,727.95 in 2022[25]. - The company achieved a main business revenue of 3.376 billion RMB, representing a year-on-year growth of 20.85%[38]. - The company reported a total revenue of 1.5 billion in 2023, representing a year-over-year growth of 12%[151]. - The company reported a revenue increase of 15% year-over-year, reaching 1.2 billion RMB in Q3 2023[155]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 3.50 per 10 shares, totaling RMB 196,341,405.75, which represents 40.21% of the net profit attributable to shareholders in 2023[5]. - The total cash dividend amount for the reporting period is CNY 196,341,405.75, which represents 40.21% of the net profit attributable to ordinary shareholders[186]. - The company has a profit distribution policy that mandates a minimum of 20% of the distributable profit to be distributed as dividends if the net profit is positive, with at least 10% to be in cash[177]. - The board of directors must complete the distribution of dividends within two months after the shareholders' meeting[180]. Audit and Compliance - The company has received a standard unqualified audit report from Tianzhi International Accounting Firm[4]. - The management has confirmed the authenticity, accuracy, and completeness of the annual report, with no false records or misleading statements[7]. - The company has not violated decision-making procedures for providing guarantees[8]. - There are no non-operating fund occupations by controlling shareholders or related parties[7]. - The report includes a risk statement regarding forward-looking statements, cautioning investors about potential investment risks[6]. - The company emphasizes its commitment to transparency and legal responsibility regarding the annual report[7]. Market Expansion and Contracts - The company plans to continue expanding its market presence and investing in new technologies to enhance its service offerings[32]. - New contracts signed amounted to 4.582 billion RMB, reflecting a year-on-year increase of 13.80%[38]. - The backlog of orders reached 8.577 billion RMB, up 12.75% compared to the end of 2022[38]. - In the domestic market, new contracts totaled 3.570 billion RMB, a year-on-year growth of 13.51%, with revenue of 2.815 billion RMB, up 31.74%[41]. - In the external market, new contracts amounted to 1.012 billion RMB, a year-on-year increase of 14.77%, while revenue decreased by 14.61% to 561 million RMB[43]. Research and Development - Research and development expenses increased by 33.73% to 170 million RMB, indicating a focus on innovation[104]. - The number of R&D personnel is 422, accounting for 18.40% of the total workforce[114]. - The company is investing 200 million in R&D for new technologies aimed at improving infrastructure resilience[152]. - The company has received more than 70 scientific progress awards and holds over 600 patents, including over 80 invention patents, demonstrating strong research and innovation capabilities[94]. Environmental and Social Responsibility - The company has implemented a sustainability strategy, aiming for a 50% reduction in carbon emissions by 2025[153]. - The company invested approximately 17.07 million yuan in environmental protection during the reporting period[194]. - The company has established mechanisms for environmental protection and has not generated industrial waste, wastewater, or air pollutants[195]. - The company has integrated green and low-carbon concepts into its design processes, promoting industrial and engineering green technology development[197]. - The company donated 30,000 yuan to the "Elderly Happiness Canteen" charity project in Fangxian[199]. Corporate Governance - The board of directors consists of 9 members, including 3 independent directors, and held 13 meetings in 2023[142]. - The supervisory board comprises 3 members and convened 7 times in 2023, ensuring compliance and oversight of company operations[143]. - The company emphasizes investor relations management, maintaining communication through dedicated channels to address investor inquiries[145]. - The company held three shareholder meetings during the reporting period, with all resolutions passed[146]. - The total number of shares held by directors and senior management increased from 8,107,960 to 9,729,552, representing a change of 1,621,592 shares due to capital reserve conversion[149]. Strategic Initiatives - The company is exploring new business areas such as ecological restoration and urban renewal, enhancing its core competitiveness[57]. - The company is actively responding to national policies, with a focus on rural road construction, aiming to complete 280 billion CNY in fixed asset investment for rural roads in 2023[58]. - The company aims to enhance its market position and brand influence amid increased competition from the nationwide unified market initiative[124]. - The company plans to focus on digitalization and smart development in infrastructure, aligning with national policies for digital economy and transportation innovation[128].