Financial Performance - The company's operating revenue for 2022 was CNY 1,966,027,078.75, a decrease of 2.12% compared to CNY 2,008,655,584.69 in 2021[23]. - The net profit attributable to shareholders was a loss of CNY 202,734,107.16, representing a decline of 78.96% from a loss of CNY 113,281,446.55 in the previous year[23]. - The net cash flow from operating activities was a negative CNY 121,619,535.78, which is a 23.25% increase in loss compared to a negative CNY 98,676,089.70 in 2021[23]. - The basic earnings per share were CNY -0.2624, down 56.10% from CNY -0.1681 in 2021[23]. - Total assets at the end of 2022 were CNY 4,524,764,072.21, a decrease of 2.39% from CNY 4,635,662,103.84 at the end of 2021[23]. - The net assets attributable to shareholders decreased by 6.83% to CNY 2,473,714,838.16 from CNY 2,654,914,324.67 in 2021[23]. - The company reported a significant increase in losses for net profit after deducting non-recurring gains and losses, amounting to CNY -253,657,859.97, a 73.26% increase in loss from CNY -146,407,223.17 in 2021[23]. - The weighted average return on net assets was -7.91%, a decrease of 2.39% from -5.52% in the previous year[23]. - In 2022, the company's total revenue for the four quarters was approximately CNY 2.0 billion, with the highest revenue in Q4 at CNY 560.18 million[27]. - The net profit attributable to shareholders showed significant fluctuation, with a loss of CNY 214.88 million in Q4, contrasting with profits in the first three quarters[27]. - The net cash flow from operating activities was negative in the first three quarters, with a recovery to CNY 25.41 million in Q4[27]. Revenue Breakdown - The revenue from refrigeration equipment manufacturing and other segments was CNY 1,152,340,653.76, accounting for 58.62% of total revenue, down 7.80% year-on-year[51]. - The oil and gas technology services segment generated CNY 589,858,748.41, representing 30.00% of total revenue, with a year-on-year increase of 7.84%[52]. - Domestic sales accounted for 87.86% of total revenue, totaling CNY 1,727,347,830.97, a decrease of 3.38% year-on-year[52]. - The company reported a total of CNY 254,980,800.41 in investment properties, reflecting a slight decrease from the previous period[79]. Research and Development - Research and development expenses increased by CNY 58,156,000.00, reflecting the company's commitment to new product and technology development[49]. - The company's R&D investment increased by 27.50% to ¥145,483,660.21 in 2022, compared to ¥114,102,729.84 in 2021[70]. - R&D investment as a percentage of operating revenue rose to 7.40% from 5.68% year-on-year, an increase of 1.72%[70]. - The number of R&D personnel increased by 2.40% to 427 in 2022, up from 417 in 2021[70]. - The company is actively involved in the development of new technologies and products to enhance its market position and expand its operational capabilities[30]. - The company has made significant progress in developing new compressor models, with multiple projects at various stages of completion[70]. Market Position and Strategy - The company is a leader in the ice-making equipment industry, responsible for setting various industry standards[31]. - The demand for industrial refrigeration equipment is expected to grow due to the increasing need for cold chain logistics and government policies supporting infrastructure development[33]. - The hydrogen energy sector is identified as a strategic emerging industry, with policies promoting its development as part of the national energy system[37]. - The company is positioned to benefit from the growing market for clean energy and environmental technologies, aligning with national carbon neutrality goals[32]. - The company has faced challenges in the central air conditioning sector due to a slowdown in real estate investment and macroeconomic conditions[35]. - The company aims to become a global leader in the cold and new energy equipment manufacturing industry, focusing on cold chain logistics, industrial refrigeration, clean energy, and hydrogen power[95]. Corporate Governance - The company has established a scientific and effective governance structure to ensure clear responsibilities and checks and balances[154]. - The board of directors consists of 7 members, including 3 independent directors, responsible for major operational decisions and internal control systems[158]. - The company emphasized its independent operational capabilities, maintaining a clear separation from its controlling shareholder[113]. - The company has a commitment to maintaining strong corporate governance through the election of qualified independent directors[128]. - The independent directors bring diverse backgrounds, including finance, law, and academia, enhancing the company's governance[131][132]. Environmental Commitment - The company is committed to green manufacturing, utilizing natural refrigerants and promoting energy-saving solutions[47]. - The company actively promotes the use of natural refrigerants such as CO2 and NH3 to replace ozone-depleting substances, aiming to reduce greenhouse gas emissions through improved product efficiency[172]. - The company is focusing on clean energy solutions, including heat pump technology to replace traditional boilers, thereby reducing carbon emissions and providing cleaner heating methods[172]. - The company has implemented a green supply chain management system, integrating environmental protection and resource conservation throughout its operations[171]. - The company has completed multiple energy-saving and carbon reduction projects in various sectors, including natural gas liquefaction and biomedicine, contributing to economic and social benefits[172]. Financial Management - The company plans to use up to CNY 400 million of idle raised funds to temporarily supplement working capital, with a repayment period of no more than 12 months[88]. - The company has a remaining balance of CNY 15.92 million in unused raised funds, which is available for project expenditures[88]. - The total actual guarantee amount accounted for 22.57% of the company's net assets[199]. - The company has no significant changes in the measurement attributes of its major assets during the reporting period[79]. - The company has no major litigation or arbitration matters during the reporting period[184]. Employee and Management Structure - The total number of employees at the end of the reporting period was 4,205, with 77 in the parent company and 4,128 in major subsidiaries[148]. - The company has a total of 2,663 production staff, 441 sales personnel, and 854 technical staff among its employees[148]. - The company has implemented a training system that includes external expert training to improve management and professional skills[150]. - The management team includes experienced professionals with backgrounds in finance, sales, and engineering, contributing to the company's operational efficiency[134][135].