STS(603322)2024-04-26 14:07Financial Performance - The company's operating revenue for 2023 reached ¥2,444,980,148.84, representing a 20.69% increase compared to ¥2,025,842,859.98 in 2022[22]. - Net profit attributable to shareholders was ¥18,788,142.55, a 23.69% increase from ¥15,189,630.89 in the previous year[22]. - The basic earnings per share for 2023 was ¥0.12, up 20.00% from ¥0.10 in 2022[25]. - The weighted average return on equity increased to 7.94%, up 0.39 percentage points from 7.55% in 2022[25]. - The company's net assets attributable to shareholders increased by 30.05% to ¥295,355,421.26 from ¥227,117,570.85 in 2022[22]. - The company reported a quarterly revenue of ¥1,079,900,256.76 in Q4 2023, marking a strong finish to the year[27]. - The company recorded a net profit of ¥48,997,338.85 in Q4 2023, a significant recovery from losses in the earlier quarters[27]. - In 2023, the company achieved operating revenue of 2.445 billion RMB, a year-on-year increase of 20.69%, and a net profit attributable to shareholders of 18.7881 million RMB, up 23.69% from the previous year[33]. Business Operations - The company experienced substantial growth in its computing power business, which significantly contributed to the increase in revenue and net profit[25]. - The company's computing power business revenue increased significantly, accounting for 44% of total revenue, up from 27% in the previous year[54]. - The company plans to continue expanding its computing power business and exploring new market opportunities in the upcoming year[25]. - The company signed a strategic cooperation agreement with six parties, including China Power Engineering Consulting Group, to provide integrated computing power construction services for the "East Data West Computing" project[33]. - The company became the industry general agent for the domestic GPU brand "Muxi" and secured a customized server procurement order worth 600 million RMB for its own brand "Yuanxing" servers[34]. - The company successfully entered the ICT service market, being shortlisted for 16 provincial-level ICT integration service libraries and winning several data analysis service projects[37]. - The company plans to continue exploring opportunities in the new energy sector, including charging stations and photovoltaics[48]. Risk Management - The management has provided a risk statement regarding forward-looking statements, indicating potential investment risks[6]. - The company has detailed potential risks in the "Management Discussion and Analysis" section of the report[8]. - The company acknowledges the risk of high accounts receivable and potential bad debts, emphasizing the need for dynamic management of receivables[91]. - The company faces customer concentration risk, particularly with China Mobile as a major client, and plans to diversify its customer base[91]. Governance and Compliance - The report includes a commitment from the board of directors and management to ensure the accuracy and completeness of the financial report[9]. - The company has not disclosed any significant changes in its governance structure or major operational strategies in the report[10]. - The supervisory board consists of 3 supervisors, including 1 employee representative, and held 8 meetings throughout the year to oversee the board's decision-making processes[97]. - The company strictly adheres to relevant regulations for information disclosure, ensuring timely and accurate communication to protect the rights of investors, especially minority shareholders[97]. - The company has implemented a registration management system for insider information, ensuring confidentiality and compliance with regulations to prevent information leaks[97]. - The company has not faced any penalties from securities regulatory agencies in the past three years[110]. Financial Management - The company plans to actively broaden financing channels to optimize its financial structure, considering various refinancing options[90]. - The company reported a significant decrease in other income, down 59.74% to 7,842,791.57 CNY, primarily due to reduced government subsidies[52]. - Investment income dropped by 90.39% to 7,647,127.25 CNY compared to the previous year[52]. - The company's cash and cash equivalents decreased by 26.55% to RMB 211.91 million compared to the previous period[75]. - The company has established an internal control system that complies with the requirements of the Ministry of Finance and the China Securities Regulatory Commission, ensuring the legality and compliance of business operations[129]. Shareholder Relations - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the fiscal year 2023[5]. - The annual shareholders' meeting was held on May 17, 2023, with resolutions published on May 18, 2023[99]. - The company has a cash dividend policy in place, which was reviewed and approved during the reporting period, ensuring protection of minority shareholders' rights[125]. - The company has not made any adjustments to its cash dividend policy during the reporting period, maintaining consistency in shareholder returns[126]. Environmental and Social Responsibility - The company made a total donation of 17.3 million yuan during the reporting period, including 3 million yuan to the Guangdong Red Cross and 9.3 million yuan for poverty alleviation projects[135]. - The company actively promotes energy-saving and environmental protection initiatives, implementing measures to reduce resource consumption[134]. - The company has established a mechanism for environmental protection and is not classified as a key pollutant discharge unit by environmental authorities[133]. Audit and Financial Reporting - The company received a standard unqualified audit report from the accounting firm Xin Yong Zhong He[4]. - The audit report confirms that the financial statements fairly reflect the company's financial position as of December 31, 2023[193]. - The company has complied with all major aspects of the accounting standards in preparing its financial statements[194]. - The company did not disclose any non-operating fund occupation situations inconsistent with the special audit opinions[150].