Financial Performance - The company's operating revenue for 2022 was ¥2,791,306,251.15, representing a 24.41% increase compared to ¥2,243,581,817.42 in 2021[20]. - The net profit attributable to shareholders for 2022 was ¥49,920,991.94, a decrease of 14.28% from ¥58,234,992.38 in the previous year[20]. - The net cash flow from operating activities improved significantly, reaching -¥54,438,229.19, a 73.08% increase compared to -¥202,197,568.48 in 2021[20]. - The total assets at the end of 2022 were ¥2,382,905,413.48, up 19.58% from ¥1,992,657,329.91 at the end of 2021[20]. - The net assets attributable to shareholders increased by 3.40% to ¥1,516,606,874.18 from ¥1,466,685,882.24 in 2021[20]. - The basic earnings per share for 2022 were ¥0.05, down 16.67% from ¥0.06 in 2021[20]. - Operating costs rose to ¥2,593,342,185.05, reflecting a year-on-year increase of 26.31%[45]. - Net profit attributable to shareholders decreased by 14.28% to ¥49,920,991.94, primarily due to rising costs of raw materials, energy, and labor[45]. - The revenue from non-ferrous metal processing was ¥2,286,938,287.2, accounting for 81.93% of total revenue, with a year-on-year growth of 14.96%[48]. - The non-ferrous metal trading segment saw a significant increase in revenue to ¥356,187,288.50, up 283.64% year-on-year[48]. - Domestic sales contributed ¥2,648,965,675.1, representing 94.90% of total revenue, with a year-on-year growth of 30.02%[48]. - Direct sales accounted for 81.80% of total revenue, increasing by 35.77% compared to the previous year[48]. Market and Sales Strategy - The company has established a marketing network that covers over 30 countries and regions, including Southeast Asia and South America, enhancing its market expansion efforts[35]. - The company’s sales strategy includes direct sales to large clients and a distributor model for other markets, optimizing resource allocation for better market coverage[35]. - The company aims to expand its market share by enhancing cooperation with large developers and improving service capabilities in the aluminum template rental business[36]. - The company is actively expanding into high-end industrial aluminum profiles while maintaining its leadership in the construction aluminum profile sector[39]. - The company aims to achieve cleaner production and green development through various R&D projects, including the development of nickel-free anodizing processes and energy-efficient aluminum alloy production techniques[58]. - The company aims to maintain a focus on safety management to ensure stable production operations and promote green development[91]. Research and Development - The company has participated in the revision of 47 international, national, and industry standards and holds 129 patents, including 29 invention patents, indicating strong R&D capabilities[33]. - Research and development expenses increased by 40.03% to ¥41,321,318.17, mainly due to increased R&D investments[57]. - The total R&D investment amounted to ¥80,972,615.77, reflecting a 16.11% increase compared to the previous year[59]. - The number of R&D personnel increased by 5.80% to 237, while the proportion of R&D personnel to total employees slightly decreased to 12.05%[59]. - The company is focusing on developing new products such as aluminum alloy components for electric vehicle battery boxes, which are expected to enhance market share in the automotive aluminum sector[58]. Environmental and Social Responsibility - The company has established environmental emergency response plans for its two facilities, which have been filed with the local environmental protection bureau[153]. - The company has implemented a wastewater treatment system that recycles 70% of treated nickel-containing wastewater for production processes[149]. - The company has taken measures to enhance employee awareness of environmental protection, contributing to sustainable development goals[154]. - The company donated a total of 3,835,924 RMB to local charities, focusing on education poverty alleviation, major disease assistance, and public welfare projects[156]. - The company is committed to a three-year dividend plan (2021-2023), ensuring that at least 30% of the average distributable profit is allocated for dividends[159]. Governance and Management - The board of directors operates under strict compliance with the Company Law and relevant regulations, ensuring diligent performance of duties[96]. - The company has established specialized committees under the board, including strategy, audit, nomination, and compensation committees, to enhance governance[96]. - The company has a dedicated board secretary responsible for information disclosure, ensuring timely and accurate communication with all shareholders[99]. - The management team includes experienced professionals with backgrounds in various sectors, contributing to strategic decision-making[108][109]. - The company emphasizes employee training and education, offering various training programs to enhance safety awareness and professional skills[134]. Future Outlook - The company aims for a production and sales growth of over 10% in 2023 compared to 2022, although this does not represent a profit forecast for the year[87]. - Future guidance indicates a cautious outlook, with an emphasis on stabilizing revenue and exploring new growth opportunities[110]. - The company projects a revenue guidance of 1.5 billion for the next fiscal year, reflecting an expected growth of 25%[116]. - The company plans to invest 50 million in R&D for new technologies aimed at enhancing product efficiency[116]. - Market expansion plans include entering two new international markets by the end of 2023[116].