Zhitong Finance App News, China Connect (688009.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 37.02 billion yuan, a year-on-year decrease of 7.96%; net profit attributable to shareholders of listed companies was 3.477 billion yuan, a year-on-year decrease of 4.30%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 3.266 billion yuan, a year-on-year decrease of 4.41%; and basic earnings per share were 0.32 yuan/share.
After deliberation and approval at the 20th meeting of the fourth board of directors, the company plans to distribute profits based on the total share capital registered on the equity registration date for 2023. The profit distribution plan is as follows: the company plans to distribute RMB 1.70 cash dividends (tax included) to all shareholders for every 10 shares. Among them, domestic shareholders pay in RMB, H share shareholders pay in Hong Kong dollars, and the Hong Kong dollar exchange rate is converted from the average closing price of foreign exchange announced by the People's Bank of China 3 working days before the announcement of dividend distribution.
In 2023, the company further strengthened its leading position in business and made every effort to seize the market. The total number of new contracts signed throughout the year was 73.121 billion yuan, an increase of 0.15% over the same period in 2022, including: 25.112 billion yuan in the railway sector, up 5.01% year on year; 13.18 billion yuan in the urban rail sector, up 3.91% year on year; 3.74 billion yuan, up 45.18% year on year; general engineering contracting and other fields, down 8.11% year on year. By the end of 2023, the company had orders of 168.831 billion yuan.
During the reporting period, in terms of basic and forward-looking research, the company completed the construction of an electromagnetic environment effect research and test platform for rail transit, laid an important foundation for carrying out offline effect tests and protection technology verification of bow networks, overcame the technical problems of high-power (high voltage, high current) simultaneous output and multiple physical quantities, built the first large-scale 1:1 test platform in China, and carried out research on electromagnetic characteristics and test methods for signal systems in high-speed rail electromagnetic environments floating at 400 kilometers per hour; The operation control system has been developed, the development of the zonal operation control system and the cabin traffic control system has been completed, the first-stage field test of the high and ultra-high speed maglev test line in Datongyang, Shanxi has been completed, and the second stage of equipment optimization is being carried out;
The “Electromagnetic Environmental Effects and Electromagnetic Safety Railway Industry Engineering Research Center” and the “Railway Industry Engineering Research Center” have become railway industry science and technology innovation bases certified by the National Railway Administration; they have carried out SIL4 safety cloud platform technology research, completed research on interlocked products and urban trackside product requirements and technical solutions, and are carrying out cloud platform development; carrying out massive IoT technology research, breaking through massive heterogeneous, multi-environment, and multi-protocol device access and management technology, achieving connectivity and data access capabilities for 100,000 level devices.