Financial Performance - Net profit attributable to shareholders rose by 24.98% to CNY 7,819,569.51 for the first quarter of 2022, up from CNY 6,256,814.07 in the same period last year[13] - Operating revenue for the first quarter of 2022 was CNY 26,761,817.70, reflecting a year-on-year increase of 7.85% from CNY 24,814,621.23[13] - Total operating revenue for Q1 2022 reached CNY 26,761,817.70, an increase from CNY 24,814,621.23 in Q1 2021, representing a growth of approximately 7.85%[37] - Net profit for Q1 2022 was CNY 7,362,519.33, compared to CNY 6,385,505.07 in Q1 2021, reflecting a growth of approximately 15.27%[38] - Total comprehensive income for Q1 2022 was ¥8,732,157.57, compared to ¥6,006,928.64 in Q1 2021, indicating a growth of 45.3%[42] Assets and Liabilities - Total assets increased by 5.16% to CNY 494,614,098.88 as of March 31, 2022, compared to CNY 470,352,907.99 at the end of 2021[13] - The company's total liabilities to assets ratio increased to 24.12% on a consolidated basis, up from 21.77% at the end of 2021[13] - The total current liabilities amount to ¥115,170,253.25 as of March 31, 2022, compared to ¥96,809,081.69 at the end of 2021[30] - Total liabilities as of March 31, 2022, were CNY 111,765,477.30, compared to CNY 96,793,273.78 as of December 31, 2021, representing an increase of approximately 15.43%[35] - The total equity attributable to shareholders as of March 31, 2022, was CNY 374,922,532.32, up from CNY 366,190,374.75 as of December 31, 2021, indicating a growth of about 2.00%[35] Cash Flow - The net cash flow from operating activities decreased by 140.12% to -CNY 3,517,796.08, compared to CNY 8,767,811.63 in the previous year[14] - The company reported a net cash outflow from operating activities of ¥3,517,796.08 in Q1 2022, a decrease from a net inflow of ¥8,767,811.63 in Q1 2021[45] - Cash inflow from financing activities was $18 million in Q1 2022, with cash outflow for dividends and interest payments totaling $153,750.01, leading to a net cash inflow of $17.85 million[47] - Cash received from sales of goods and services was $25.75 million in Q1 2022, compared to $25.15 million in Q1 2021, showing a growth of about 2.4%[47] Shareholder Information - The total number of common shareholders was 6,967 as of March 31, 2022[19] - The total number of shares held by the top ten shareholders is 59,817,532, representing 69.79% of the total shares[21] - The largest shareholder, Guilin Xingchen Power Electronics Co., Ltd., holds 30,440,050 shares, accounting for 35.52% of the total shares[21] Research and Development - Research and development expenses for Q1 2022 were CNY 3,772,611.12, compared to CNY 2,875,250.07 in Q1 2021, reflecting an increase of approximately 31.19%[38] - Research and development expenses increased to ¥3,395,567.60 in Q1 2022, up 18.2% from ¥2,875,250.07 in Q1 2021[41] Other Financial Metrics - Basic earnings per share decreased by 8.61% to CNY 0.0912 from CNY 0.0998 in the previous year[13] - The weighted average return on equity based on net profit attributable to shareholders was 2.12%, down from 3.38% in the previous year[13] - The company incurred financial expenses of -¥1,693,325.04 in Q1 2022, significantly lower than the previous year's expense of ¥65,457.93[41] - The company raised ¥18,000,000.00 through financing activities in Q1 2022, compared to no financing activities in Q1 2021[45]

Company Recognition and Achievements - In 2021, Guilin Stars Science and Technology Co., Ltd. was recognized as a "Specialized, Refined, Characteristic, and Innovative" small and medium-sized enterprise by the Guangxi Zhuang Autonomous Region Industrial and Information Technology Department[4] - The company was recognized as a "Military-Civilian Integration Enterprise" by the Guangxi Zhuang Autonomous Region in June 2021[4] - The company was recognized as a "Little Giant" enterprise in 2021, focusing on specialized, refined, unique, and innovative development in the servo system industry[117] - The company has received multiple awards for its technological advancements[100] Financial Performance - The company's operating revenue for 2021 was CNY 141,862,903.73, representing a year-over-year increase of 3.47% compared to CNY 137,099,752.59 in 2020[28] - The net profit attributable to shareholders for 2021 was CNY 43,364,121.52, reflecting a 12.84% increase from CNY 38,429,999.79 in 2020[28] - The total assets at the end of 2021 amounted to CNY 470,352,907.99, which is an 80.80% increase from CNY 260,149,697.54 at the end of 2020[30] - The total liabilities at the end of 2021 were CNY 102,409,081.69, a 45.36% increase from CNY 70,450,961.60 at the end of 2020[30] - The company's cash flow from operating activities in 2021 was CNY 30,131,382.22, a significant increase of 190.10% compared to CNY 10,386,428.44 in 2020[31] - The gross profit margin for 2021 was 52.69%, slightly down from 53.38% in 2020[28] - The weighted average return on equity (ROE) based on net profit attributable to shareholders was 16.02% for 2021, down from 22.46% in 2020[28] - The company reported a net profit growth rate of 9.61% for 2021, compared to a much higher growth rate of 72.31% in 2020[33] Share Capital and Stock Issuance - The company successfully issued 21 million shares at a price of 8 RMB per share and was listed on the Beijing Stock Exchange on November 15, 2021[4] - The total share capital of the company is 85,709,000 shares after the completion of the employee stock incentive plan, which raised RMB 9.31 million by issuing 744,800 shares at a price of RMB 12.5 per share[23] - The registered capital of the company is RMB 84,964,200, which has not been updated in the business registration records as of December 31, 2021[23] - The company’s stock is traded through continuous bidding on the Beijing Stock Exchange[21] Research and Development - During the reporting period, the company obtained 3 utility model patents, 4 design patents, and 3 software copyrights through independent research and development[4] - The company holds 55 patents, including 27 invention patents, indicating a strong focus on research and development in the automation and control systems sector[45] - The company has initiated research and development for a new generation of power servo systems, with prototype testing achieving preliminary results[54] - The company is collaborating with several institutions on R&D projects, including high-performance rare earth magnets and multi-joint industrial robots[103] - R&D expenditure amounted to ¥17,387,862.80, representing 12.26% of operating income, up from 10.14% in the previous year[97] Market and Product Development - The company’s military product sales are primarily applied in missile launch systems, radar tracking systems, and ship automation equipment, with significant revenue dependent on successful military unit certifications[10] - The company is focusing on expanding its market presence in the wind power sector, with expectations for growth in the wind power pitch servo system business in 2022[54] - The industrial control servo system sales revenue increased by 34.46% year-on-year, continuing the growth momentum from the second half of 2020[52] - In the military products sector, sales revenue grew by 21.91% year-on-year, with an increasing contract volume for both existing and new products[51] Risk Management and Compliance - The company has faced risks related to operational performance fluctuations due to the planned nature of procurement by users in aerospace and military sectors[10] - The company emphasizes the importance of maintaining confidentiality regarding core technologies and has implemented measures to prevent leaks, including confidentiality agreements with key personnel[10] - The company acknowledges that its development may be influenced by current international situations and domestic macro-control policies, particularly in military and renewable energy sectors[121] - The company has implemented measures to safeguard national secrets and ensure compliance with confidentiality regulations to mitigate risks associated with potential leaks[123] Corporate Governance and Management - The actual controller of the company is a group of individuals including Lü Hong, Qiu Bin, and Lü Bin, who are also the concerted actors[22] - The company has appointed Da Xin Accounting Firm as its accounting firm for auditing purposes[24] - The company has a high-quality R&D team of over 80 members, with core technical personnel having more than 20 years of practical experience[125] - The company has established a comprehensive R&D management system and military standard quality management system to mitigate new product development risks[126] - The company has continuously improved its corporate governance structure in accordance with the Company Law and Securities Law[200] Employee and Workforce Development - The total number of employees increased from 255 to 288, representing a growth of approximately 12.94%[190] - The company added 35 new employees during the reporting period, while 2 employees left[191] - The number of R&D personnel increased from 105 to 128, a rise of 21.90%[190] - The company maintains a robust compensation policy, ensuring compliance with labor laws and timely salary payments[191] Future Plans and Commitments - In 2022, the company aims to ensure steady growth in military products, particularly around "military servo control assemblies" and expand its market presence in industrial automation and renewable energy sectors[120] - The company plans to enhance its production automation and digital management, aiming to establish an efficient intelligent management system[120] - The company will continue to develop its R&D center and initiate the construction of a new research and production building as part of its investment projects[120]

证券代码：832885 证券简称：星辰科技 公告编号：2022-008 桂林星辰科技股份有限公司 关于接待机构投资者调研情况的公告 | --- | |--------------------------------------------------------------------| | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 | | 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 | | 担个别及连带法律责任。 | 桂林星辰科技股份有限公司（以下简称"公司"）于 2022 年 3 月 21 日接 待了 7 家机构的调研，现将主要情况公告如下： 一、 调研情况 调研时间：2022 年 3 月 21 日 调研地点：桂林市高新区信息产业园 D-10、D-11 号 调研形式：网络及现场调研 调研机构：安信证券、汇添富基金、华夏基金、嘉实基金、国寿安保基金、 圆信永丰基金、国泰君安证券 上市公司接待人员：总经理马锋先生、董事会秘书吕斌先生 二、 调研的主要问题及公司回复概要 （一）公司总经理马锋先生就公司基本情况、行业发展情况及竞争格局、 产品开拓情况等方面进行 ...

证券代码：832885 证券简称：星辰科技 公告编号：2022-007 桂林星辰科技股份有限公司 关于接待机构投资者调研情况的公告 | --- | |------------------------------------------------------------------------| | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 | | 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 | | 带法律责任。 | 桂林星辰科技股份有限公司（以下简称"公司"）于 2022 年 3 月 1 日接待 了 14 家机构的调研，现将主要情况公告如下： 一、 调研情况 调研时间：2022 年 3 月 1 日 调研形式：网络调研 调研机构：平安养老保险股份有限公司、山西证券股份有限公司、中泰证券 股份有限公司、江海证券股份有限公司、华夏基金管理有限公司、中融基金管理 有限公司、万家基金管理有限公司、工银理财有限责任公司、广西青蓝投资有限 公司、长盛基金管理有限公司、申九资产管理有限公司、西部证券股份有限公司、 国泰君安证券股份有限公司、国寿安保基金管理有限 ...

证券代码：832885 证券简称：星辰科技 公告编号：2021-080 桂林星辰科技股份有限公司 关于接待机构投资者调研情况的公告 | --- | |------------------------------------------------------------------------| | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 | | 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 | | 带法律责任。 | 桂林星辰科技股份有限公司（以下简称"公司"）于 2021 年 11 月 24 日接 待了 7 家机构的调研，现将主要情况公告如下： 一、 调研情况 调研时间：2021 年 11 月 24 日 调研形式：电话及现场调研 调研机构：招商证券、广发证券、申万宏源证券、中航证券、万家基金、中 金国际金融股份有限公司、深圳市向日葵投资有限公司 上市公司接待人员：总经理马锋先生、董事会秘书吕斌先生、销售总监郝铁 军先生 二、 调研的主要问题及公司回复概要 问题 1：公司产品技术水平在国内外的对比情况，有哪些领域优势或者短 板？ 回复：公司与国内 ...

Group 1: Company Overview - The company, Guilin Xingchen Technology Co., Ltd., received four institutional investors for research on November 18-19, 2021 [2] - The meeting was attended by key personnel including Chairman Lv Hong, General Manager Ma Feng, and Sales Director Hao Tiejun [2] Group 2: Market Entry and Product Applications - The company entered the military product market due to its advanced servo control technology, which gained recognition in the 1990s [3] - Main application areas for the company's products include: - Military automation equipment (e.g., missile launch systems, radar tracking systems) [4] - Renewable energy (e.g., wind turbine pitch control systems) [4] - Industrial control (e.g., injection molding machines) [4] Group 3: Product Performance and Specifications - The company offers a wide power range for its products, with high-performance AC permanent magnet synchronous motors ranging from 100W to 160KW [6] - Mainstream product power specifications: - Industrial control products: 7.5KW to 75KW [6] - Renewable energy products: below 10KW [6] - Military products: primarily below 30KW [6] Group 4: Industry Position and Future Outlook - The company has established long-term partnerships with major military groups, positioning itself as a preferred supplier in the military servo system sector [9] - The demand for military products is expected to grow due to increased national defense spending and modernization efforts [8] - The company benefits from favorable policies promoting the integration of military and civilian sectors, enhancing opportunities for private enterprises in the military market [9]

公告编号：2021-064 证券代码：832885 证券简称：星辰科技 主办券商：东兴证券 桂林星辰科技股份有限公司 关于接待机构投资者调研情况的公告 | --- | |----------------------------------------------------------------------| | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 | | 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 | | 别及连带法律责任。 | 桂林星辰科技股份有限公司（以下简称"公司"）于 2021 年 9 月 1 日接待 了 3 家机构的调研，现将主要情况公告如下： 一、 调研情况 调研时间：2021 年 9 月 1 日 调研地点：公司会议室 调研形式：现场调研 调研机构：安信证券股份有限公司、中信证券股份有限公司、晨鸣资产管理 有限公司 公司接待人员：总经理马锋先生、董事会秘书吕斌先生、销售总监郝铁军先 生 二、 调研的主要问题及公司回复概要 问题 1.公司业务以军品为主的吗？是否因为军品增长比较快，利润也比新 能源和工业控制两个业务高？ 回答：公司早 ...