Company Overview - The company was listed on the Beijing Stock Exchange on February 23, 2022, becoming the first company from Shanghai and the third nationwide to be listed under the registration system[3]. - The company has maintained stable business growth and asset quality, further enhanced its financial strength after going public on the Beijing Stock Exchange[14]. - The company has a production capacity of 2.25 million injection molded components and 39 million wiring harnesses per year, with new facilities expected to add 8 million smart control components and 46 million smart connection components annually[120]. Financial Performance - The company's operating revenue for 2022 was CNY 202,067,261.71, a decrease of 9.04% compared to CNY 222,157,639.17 in 2021[31]. - The net profit attributable to shareholders for 2022 was CNY 34,777,958.06, representing a slight increase of 1.38% from CNY 34,305,840.82 in 2021[31]. - The total assets increased by 54.70% to CNY 478,063,231.63 in 2022, compared to CNY 309,030,596.72 in 2021[33]. - The total liabilities decreased by 36.66% to CNY 59,681,638.25 in 2022, down from CNY 94,228,947.78 in 2021[33]. - The company's cash flow from operating activities for 2022 was CNY 41,223,784.33, an increase of 17.45% from CNY 35,099,093.34 in 2021[34]. - The gross profit margin decreased to 29.12% in 2022 from 31.96% in 2021[62]. - The basic earnings per share for 2022 was CNY 0.46, a decrease of 23.33% compared to CNY 0.60 in 2021[31]. Risks and Challenges - The concentration of major customers is high, with the top five customers accounting for 50.26% of annual operating income, posing a risk to the company's performance if any major customer faces difficulties[12]. - The company faces risks related to fluctuations in the prices of key raw materials, particularly copper and plastic, which are influenced by market conditions and economic cycles[12]. - The company is exposed to risks from fluctuations in raw material prices, particularly copper and plastic materials, which could adversely affect performance[118]. - The company recognizes the ongoing risks from global political and economic complexities, which may affect raw material prices and logistics[114]. Production and Operations - During the COVID-19 lockdown from April to May 2022, the company faced significant production disruptions but managed to resume operations gradually from mid-April[4]. - The company faced production halts during the Shanghai lockdown and significant impacts on production and order delivery due to COVID-19 infections among employees[14]. - The company has implemented strict quality management systems and product certification processes to mitigate product quality control risks[14]. - The company is implementing lean production strategies by investing in automation and intelligent systems to improve production efficiency and quality control[113]. Research and Development - The company emphasizes the need for continuous technological innovation and product development to maintain competitiveness in the technology-intensive industry[12]. - R&D expenditure for the period was 10.73 million yuan, reflecting a year-on-year growth of 5.26%[49]. - The company has obtained 4 new utility model patents during the reporting period, enhancing its intellectual property portfolio[49]. - The company aims to enhance its R&D capabilities and production processes to bridge the gap with established foreign competitors in the electronic harness industry[56]. Shareholder and Governance - The company’s actual controllers hold a combined 63.53% of the shares, which raises concerns about potential conflicts of interest in decision-making processes[12]. - The company has established a comprehensive governance structure, but there are still risks related to internal control and governance compliance[117]. - The employee stock ownership plan was approved, with 23 participants contributing a total of CNY 5,400,000, representing 0.74% of the company's total share capital[140]. - The company has fulfilled all commitments made regarding the improvement of corporate governance mechanisms, including the addition of independent directors[152]. Market and Industry Trends - The automotive wiring harness market in China is projected to exceed 50 billion yuan in annual output value, driven by increasing vehicle production[52]. - The home appliance market in China saw a retail total of 835.2 billion yuan in 2022, with online sales growing by 4.24% year-on-year[52]. - The company is actively expanding its market presence, particularly in the new energy sector, with projects for major clients like SAIC Volkswagen and Chery New Energy[50]. Legal Matters - The company is currently involved in a legal dispute with Huaxin Construction, with a claim for remaining project payments totaling ¥29,911,750, which exceeds the initially estimated amount by approximately ¥11,827,150[14]. - The ongoing lawsuit with Shanghai Huaxin Construction involves a claim for remaining project payments totaling ¥29,911,750.00, which represents 7.17% of the company's net assets[130]. Employee and Management - As of December 31, 2022, the company had a total of 329 employees, with labor costs amounting to ¥40,960,982.60, accounting for 20.27% of the operating revenue[14]. - The total remuneration for directors, supervisors, and senior management in 2022 amounted to CNY 4.1792 million[194]. - The company experienced a net decrease of 61 employees during the reporting period[196]. - The company has a stable management team and core personnel, focusing on attracting and retaining talent for sustainable development[197].

Financial Performance - The company's operating revenue for 2022 was CNY 204,469,267, a decrease of 7.96% compared to the previous year[3] - Net profit attributable to shareholders was CNY 34,777,971, an increase of 1.38% year-on-year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 26,562,878, a decrease of 20.17% year-on-year[3] - Basic earnings per share decreased to CNY 0.46, down 23.33% from the previous year[3] Assets and Equity - Total assets at the end of the reporting period were CNY 477,696,180, an increase of 54.58% year-on-year[5] - Shareholders' equity attributable to the company was CNY 416,952,567, an increase of 101.53% year-on-year[5] - The company's share capital increased by 40.73% to CNY 80,682,603[5] - The net asset value per share attributable to shareholders increased to CNY 5.24, up 45.15% year-on-year[5] Impact Factors - The decline in revenue was significantly impacted by production halts due to COVID-19 and decreased demand from domestic customers[6] - The increase in total assets and equity was primarily due to the completion of a public offering of shares to unspecified qualified investors[6]

证券代码：833346 证券简称：威贸电子 公告编号：2022-015 上海威贸电子股份有限公司 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。 | | 上海威贸电子股份有限公司（以下简称"公司"）于 2022 年 3 月 1 日接待 了 1 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 调研地点：公司会议室 调研形式：现场调研 调研机构：开源证券股份有限公司 上市公司接待人员：副总经理、董事会秘书周威迪先生 二、 调研的主要问题及公司回复概要 问题 1. 请问公司在汽车行业的业务多不多？未来发展前景怎么样？ 回答：公司的各类线束组件及注塑集成件下游应用广泛，第二大下游应用为 新能源汽车/汽车 ...

证券代码：833346 证券简称：威贸电子 公告编号：2022-057 上海威贸电子股份有限公司 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。 | 上海威贸电子股份有限公司（以下简称"公司"）于 2022 年 5 月 25 日接 待了 1 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 5 月 25 日 调研形式：网络调研 调研机构：海通证券 上市公司接待人员：董事长、总经理周豪良先生，副总经理、董事会秘书周 威迪先生，财务总监朱萍女士，保荐代表人尤家佳女士。 二、 调研的主要问题及公司回复概要 问题 1、公司后续业务转型方向是什么？ 回答：随着募投项目新工厂的建成，公司投入了 SMT 流水线，进一步加强 了电子组件的生产能力，由单一线束、注塑结构件全面向 ...

证券代码：833346 证券简称：威贸电子 公告编号：2022-084 上海威贸电子股份有限公司 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。 | | 上海威贸电子股份有限公司（以下简称"公司"）于 2022 年 8 月 30 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：2022 年 8 月 30 日 调研地点：公司会议室 调研形式：现场调研 调研机构：万和证券、安信证券、华鑫证券 上市公司接待人员：副总经理、董事会秘书周威迪先生 二、 调研的主要问题及公司回复概要 问题 1.请问公司的核心优势是什么？ 回答：公司处于充分竞争行业，相比同行业的其他公司，我们拥有"小批量、 多品种、集成化"的特色，能根据 ...

Financial Performance - The company's revenue for the current period is 93,270,809.00, a decrease of 11.62% compared to the same period last year, which was 105,537,916.12[25]. - The net profit attributable to shareholders for the current period is 16,710,775.31, down 9.57% from 18,479,587.68 in the previous year[25]. - The company's weighted average return on equity based on net profit attributable to shareholders decreased to 4.85% from 10.16% in the previous year[25]. - The company's main business revenue decreased by 11.69%, with the wire harness component revenue dropping by 23.07% due to the dissolution of a major customer and production capacity issues[58]. - The net profit for the first half of 2022 was CNY 16,552,307.98, a decline of 8.6% from CNY 18,108,901.72 in the first half of 2021[167]. - The total operating revenue for the first half of 2022 was CNY 93,270,809, a decrease of 11.6% compared to CNY 105,537,916 in the same period of 2021[165]. Assets and Liabilities - The total assets increased by 49.36% to 461,564,527.60 compared to 309,030,596.72 at the end of the previous year[26]. - The total liabilities decreased by 43.62% to 53,121,691.54 from 94,228,947.78 at the end of the previous year[26]. - The company's total assets increased to CNY 458,856,784.88 in 2022 from CNY 299,781,785.72 in 2021, representing a growth of 53.2%[163]. - Total liabilities decreased to CNY 55,180,775.32 in 2022 from CNY 94,947,176.20 in 2021, a reduction of 41.9%[163]. Cash Flow - The net cash flow from operating activities increased by 53.88% to 17,507,791.05 from 11,377,212.20 in the previous year[27]. - The net cash flow from financing activities reached ¥160,121,029, a significant increase compared to a negative cash flow of ¥254,099.04 in the previous period[60]. - The ending cash and cash equivalents balance increased to ¥125,664,713.64 in 2022 from ¥27,547,927.89 in 2021, indicating improved liquidity[174]. - The net cash flow from operating activities generated ¥17,507,791.05 in the first half of 2022, an increase of 54.5% compared to ¥11,377,212.20 in 2021[173]. Market and Competition - The company faced significant market competition risks, with the top five customers accounting for 57.77% of annual operating revenue, indicating a high customer concentration[9]. - The company is exposed to risks from fluctuations in raw material prices, particularly copper and plastic, which are influenced by market demand and economic cycles[10]. - The company is actively working to expand its domestic market share to reduce reliance on export tax policies[79]. - The company faces market competition risks due to increasing demand from downstream manufacturing clients and technological advancements in the industry[74]. Research and Development - The company obtained 3 utility model patents during the reporting period, continuing its focus on product research and technological innovation despite the pandemic[3]. - The company has invested 498.31 in R&D during the reporting period and has obtained 3 new utility model patents[35]. - Research and development expenses for the first half of 2022 were CNY 4,983,068.80, slightly up from CNY 4,568,889.13 in the previous year, indicating a growth of 9.0%[166]. Corporate Governance - The actual controllers hold a combined 63.79% of the shares, which poses risks related to potential improper control over significant company decisions[9]. - The company has established a reasonable corporate governance structure to mitigate risks associated with the actual controllers[76]. - The company committed to enhancing its corporate governance mechanisms, including the addition of an independent director to the board before the 2021 annual general meeting[109]. Legal and Compliance - The company is currently involved in a legal dispute regarding construction contracts, with a potential liability of approximately 29.91 million yuan, which could impact net profit by nearly 440,000 yuan annually if the worst-case scenario occurs[11]. - The company has ongoing commitments to stabilize stock prices as outlined in the plan for stabilizing stock prices, with obligations to be fulfilled within three years after listing on the Beijing Stock Exchange[105]. - The company has not reported any overdue commitments or violations of commitments during the reporting period[112]. Employee and Labor Costs - As of June 30, 2022, the company had a total of 350 employees, with labor costs amounting to 19,568,773.10 yuan, representing 20.98% of the current operating revenue[10]. - The number of total employees rose from 344 to 350, an increase of 1.7%[152]. New Projects and Products - The company has launched multiple new projects, including the Zeekr 001 automatic sensing car door electronic assembly and new generation high-integration steam iron base components[35]. - The company plans to expand its market presence through new product development, particularly in the production of masks and new materials[69]. Financial Management - The company has raised its management standards in response to increased funding and expansion projects, which may lead to management risks if organizational structures do not adapt to external changes[11]. - The company repaid 30 million yuan in bank loans during the reporting period, reflecting prudent financial management[61].

Factory and Production Capacity - The company successfully completed the relocation of its new factory to a site approximately 33,000 square meters in size, addressing long-standing space constraints and laying a foundation for future growth[5]. - The new factory's production capacity will increase to 8 million sets of smart control components and 46 million sets of smart connection components[16]. - The company has a production capacity of 2.25 million injection molded components and 39 million wiring harness components, with new facilities expected to add 8 million smart control components and 46 million smart connection components annually[140]. - The introduction of advanced production and testing equipment, including the first fully automated IDC connector production line in the automotive industry, significantly enhanced production efficiency and met the automotive industry's 0PPM (zero defects) standard[6]. - A new SMT assembly workshop was established, incorporating a Japanese YAMAHA SMT assembly line, enabling comprehensive coverage of the SMT assembly process and marking a breakthrough in PCBA production capabilities[7]. - The company built an automated intelligent warehouse with over 4,000 storage locations, improving inventory management and production efficiency through reduced manual labor and faster material handling[8]. Financial Performance - The company's operating revenue for 2021 was RMB 222,157,639.17, representing a year-on-year increase of 28.92% compared to RMB 172,316,672.68 in 2020[34]. - The net profit attributable to shareholders for 2021 was RMB 34,305,840.82, which is a 16.61% increase from RMB 29,420,416.52 in 2020[34]. - The gross profit margin for 2021 was 31.96%, down from 34.13% in 2020[34]. - The company's net cash flow from operating activities for 2021 was ¥35,099,093.34, an increase of 65.58% compared to ¥21,197,666.32 in 2020[38]. - Operating revenue for 2021 was ¥22,215.76 million, representing a year-on-year increase of 28.92%[53]. - Net profit for 2021 was ¥3,369.43 million, up 19.97% from the previous year[53]. - The company's basic earnings per share for 2021 was 0.60, up 17.65% from 0.51 in 2020[34]. - The company's debt-to-asset ratio (consolidated) improved to 30.49% in 2021 from 34.05% in 2020[36]. Customer Concentration and Sales - The company's foreign sales revenue reached ¥61,487,260.48, accounting for 27.68% of total operating income[15]. - The top five customers contributed 58.17% of the annual operating income, indicating a high concentration risk[16]. - Revenue from the main business increased by 30.28%, driven by sales growth in smart home appliances and automotive clients[82]. - Major clients included SEB Group, contributing ¥88,115,714.67, accounting for 39.66% of total sales[84]. - The revenue from domestic sales was ¥160,670,378.69, reflecting a year-on-year increase of 25.87%[81]. - The revenue from foreign sales was ¥61,487,260.48, showing a decrease of 6.64 percentage points in gross margin compared to the previous year[81]. Risks and Challenges - The company faces risks related to fluctuations in raw material prices, particularly copper and plastic particles, which could adversely affect performance[16]. - The company is exposed to risks from the COVID-19 pandemic, which has affected overseas customer demand and sales[17]. - The company has identified risks related to management and operational challenges due to business expansion and increased scale[16]. - The company is at risk of not being able to digest the new production capacity if downstream customer demand falls short of expectations[16]. - The potential litigation with Huaxin Construction involves a claim of ¥29,806,700, which could impact the company's fixed assets and net profit[16]. - The company faces risks related to rising labor costs, which could negatively affect gross margins if not managed effectively[133]. - The ongoing COVID-19 pandemic has affected overseas customer demand, posing a risk to future sales and operational performance[141]. Research and Development - The company invested ¥1,019.74 million in R&D in 2021, a 39.38% increase compared to the previous year[55]. - R&D expenses amounted to CNY 10.20 million, representing 4.59% of total revenue, up from 4.25% in the previous period[104]. - The number of patents held by the company increased to 63, up from 54 in the previous period[107]. - The company employs 51 R&D personnel, which constitutes 15.88% of the total workforce, an increase from 14.83%[105]. - The company is collaborating with Donghua University on multiple R&D projects, including high-reliability sensors and ultra-high-speed gearboxes[108]. Corporate Governance and Compliance - The company has successfully listed on the Beijing Stock Exchange and moved into a new factory for fundraising projects in June 2021, aiming to leverage this capacity to increase sales revenue in 2022[123]. - The company has made commitments to avoid and reduce related party transactions, ensuring fairness and compliance with regulations[155]. - The company is committed to maintaining transparency and compliance in all related party transactions[155]. - The company is actively working to nominate an independent director candidate to ensure at least one-third of the board consists of independent directors before the 2021 annual general meeting[159]. - The company has fulfilled all related commitments without any overdue or violations as of the reporting period[160]. Market Trends and Industry Position - The automotive wiring harness market in China saw production and sales reach 25.23 million vehicles in 2020, with an estimated annual market value of over 50 billion RMB based on an average harness value of 2,000 RMB per vehicle[59][61]. - The home appliance industry in China experienced a retail market scale of 729.7 billion RMB in 2020, with a year-on-year decline of 9.2% due to the pandemic[62]. - Online sales in the home appliance sector increased to 68.8% of total sales in 2020, indicating a shift in consumer purchasing behavior[63]. - The company is positioned in the "Other Electronic Equipment Manufacturing" sector, facing risks from industry competition and rising labor costs[18]. - The company has a diverse product range covering smart home appliances, new energy vehicles, and high-speed rail, which are sensitive to macroeconomic fluctuations and environmental policies[18]. Employee and Management Information - As of December 31, 2021, the company employed 344 staff, with total employee compensation amounting to ¥40,077,889.65, representing 18.04% of the operating income for that period[133]. - The total number of employees increased from 296 at the beginning of the period to 344 at the end, with a net increase of 48 employees[191]. - The number of production personnel rose from 180 to 221, reflecting a net increase of 41 personnel[191]. - The company emphasizes a performance-oriented compensation system to motivate employees and enhance productivity[192]. - The company has maintained stability in its management team and core personnel, focusing on talent development and retention[192].