Shiming Technology to achieve a revenue of 620 million in 2022 to continue to layout new material projects

Recently, World Famous Science and Technology released its 2022 annual Report. In 2022, World Famous Technology achieved an operating revenue of 623 million yuan, down 7.08% year-on-year; The net profit attributable to shareholders of listed companies was 29.29 million yuan, down 68.67% year on year; The net profit returned to mother after deducting non-profits was 28.32 million yuan, down 70.29% year on year; Net cash flow from operating activities was 58.15 million yuan, down 63.62% year on year; The basic earnings per share was 0.1085 yuan/share, down 68.79% year-on-year. Based on the actual operation in 2022, Worldstar Technology intends to distribute cash dividends of 1 yuan (including tax) per 10 shares to all shareholders, send bonus shares of 0 shares (including tax), and increase 2 shares per 10 shares to all shareholders with the capital reserve fund.

World Famous Technology said that in 2022, due to the impact of macroeconomic fluctuations, the company could not carry out normal production and operation during some periods. Although the company stepped up to resume production, the demand of some downstream customers of the company was reduced or delayed, and the logistics and transportation were blocked, and the market consumption demand was weakened, which affected the production and delivery of the company's products and caused a great impact on the company's operation. The asset investment of "fiber-plastic new material production project" and "annual output of 5500 tons of alkynene alcohol surfactant, 2500 tons of polyether modified silicone surfactant project" has been basically implemented, which has greatly increased the fixed assets of the company, and the corresponding depreciation has increased significantly compared with the same period of last year, which has caused a great impact on the company's net profit.