On April 25th, Lizhong Group (300428) recently released its 2023 annual report. During the reporting period, the company achieved business income of 23364864806.Yabbycasinocodes.74 yuan, up 9.33% over the same period last year; belonging to shareholders of listed companiesYabbycasinocodesThe net profit was 605553056.16 yuan, an increase of 22.98% over the same period last year.

The net cash flow generated by operating activities during the reporting period was 961158425.69 yuan, and the net assets belonging to shareholders of listed companies were 6658468914.71 yuan.

During the reporting period, the company's operating income was 23.4 billion yuan, an increase of 9.33% over the same period last year, and the net profit attributable to shareholders of listed companies was 606 million yuan, an increase of 22.98% over the same period last year. After deducting equity incentive amortization expenses, the net profit belonging to shareholders of listed companies was 710 million yuan, an increase of 15.48% over the same period last year. Among them, in the fourth quarter of 2023, the net profit attributable to shareholders of listed companies after deducting equity incentive amortization expenses was 210 million yuan, an increase of 61.02% over the same period last year, an increase of 11.31% over the same period last year, and has achieved four consecutive quarters of month-on-month growth. In 2023, benefiting from the economic recovery of the downstream automobile industry chain and the continuous release of new energy and high-end market demand, the company's lightweight aluminum alloy wheels, recycled cast aluminum alloy, high-end grain refiner, aerospace grade special master alloy and other products continued to grow, superimposed new products, new technology upgrading and enabling, accelerated market development, product and customer structure optimization and adjustment, reduced costs and increased efficiency. As a result, the gross profit margin of the company has increased steadily and the profit level has been further improved.

According to the announcement, the remuneration of directors, supervisors and senior managers totaled 4.2637 million yuan during the reporting period. Chairman and President Zang Yongxing received a total of 359300 yuan in pre-tax compensation from the company, Li Zhiguo, vice president and secretary of the board of directors, received a total of 295300 yuan from the company, and Chief Financial Officer Yang Guoyong received a total pre-tax compensation of 292100 yuan from the company.

The disclosure of the announcement shows that the profit distribution plan approved by the board of directors is as follows: with a base of 623331362.00, the company will distribute a cash dividend of 1.20 yuan (including tax) to all shareholders and 0 shares of bonus shares (including tax). Use the capital accumulation fund to increase 0 shares to all shareholders.

According to the data of digging Bei net, Lizhong Group mainly engages in three major businesses: new functional intermediate alloy materials, recycled cast aluminum alloy materials and aluminum alloy wheel products. It has melting equipment and wheel mold R & D and manufacturing, recycled aluminum resources recycling, recycled cast aluminum alloy R & D and manufacturing, functional intermediate alloy new materials R & D and manufacturing. Automotive aluminum alloy wheels and lightweight chassis parts design, R & D and manufacturing of a complete industrial chain company. At the same time, the company's layout of new battery materials and fluoride field, to further achieve the two-way expansion of the company's industrial chain.