Wuhu Yabosion Electronic Technology (870357)

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雅葆轩(870357) - 2023 Q3 - 季度财报
2023-10-24 16:00
Financial Performance - Operating revenue for the first nine months of 2023 was CNY 252,554,354.91, representing a growth of 45.12% from CNY 174,035,374.06 in the same period of 2022[11] - Net profit attributable to shareholders for the first nine months of 2023 was CNY 31,906,188.54, a decrease of 33.51% compared to CNY 47,984,105.59 in the previous year[11] - Basic earnings per share for the first nine months of 2023 was CNY 0.40, down 60.78% from CNY 1.02 in the same period last year[11] - Net profit for Q3 2023 decreased by 33.51% to ¥31,906,188.54, primarily due to a decline in operating profit and total profit[13] - Sales revenue for the period reached ¥251,475,163.19, representing a 34.77% increase, attributed to the expansion of the company's sales scale[13] - Operating profit for the first nine months of 2023 was CNY 23,070,993.88, down 52.8% from CNY 48,852,897.08 in the first nine months of 2022[41] - The net profit for the first nine months of 2023 was CNY 32,284,362.90, a decrease of 33.9% compared to CNY 48,825,676.35 in the same period of 2022[41] - The total comprehensive income for the first nine months of 2023 was CNY 32,284,362.90, down from CNY 48,825,676.35 in the same period of 2022, indicating a decrease of 33.9%[42] Assets and Liabilities - Total assets as of September 30, 2023, reached CNY 433,058,401.31, an increase of 2.52% compared to CNY 422,417,623.18 at the end of 2022[11] - Total liabilities as of September 30, 2023, resulted in a debt-to-asset ratio of 19.15%, up from 15.92% at the end of 2022[11] - Accounts receivable increased by 31.64% to CNY 126,439,676.87, primarily due to longer payment terms with newly acquired customers[12] - The company's total equity as of September 30, 2023, was CNY 355,860,749.56, slightly down from CNY 360,536,386.66 at the end of 2022, a decrease of 1.9%[34] - Total liabilities increased to CNY 82,302,695.59 as of September 30, 2023, from CNY 66,178,029.26 at the end of 2022, marking a rise of 24.3%[34] Cash Flow - Cash flow from operating activities for the first nine months of 2023 was CNY 1,219,317.46, a decline of 87.21% compared to CNY 9,536,924.18 in the previous year[11] - Cash inflow from operating activities for the first nine months of 2023 was ¥264,359,491.81, up from ¥197,675,293.86 in the same period of 2022, marking an increase of approximately 33.7%[47] - The total cash inflow from investment activities was ¥100,778,785.30, while cash outflow was ¥104,670,611.88, resulting in a net cash flow of -¥3,891,826.58 for the quarter[45] - The company reported a net cash flow from financing activities of -¥37,478,485.76, compared to a positive net cash flow of ¥20,803,303.61 in the same period last year, reflecting a change of approximately 280.2%[45] Expenses - Operating costs for the same period were CNY 230,373,776.67, up 73.8% from CNY 132,510,316.87 in 2022[37] - Sales expenses for the first nine months of 2023 increased by 79.20% to CNY 4,405,820.76, driven by higher personnel costs[12] - Research and development expenses for the first nine months of 2023 were CNY 8,503,282.66, an increase of 16.1% compared to CNY 7,326,790.44 in 2022[37] Shareholder Information - The total number of ordinary shares remained at 80,080,000, with 71.03% being restricted shares[17] - Major shareholders include Hu Xiaoyu with 32.17% and Hu Xiaotian with 20.53% of the shares[18] Future Plans - The company plans to continue expanding its sales scale and is focusing on new customer acquisition strategies[12] - The company plans to continue expanding its market presence and developing new products and technologies[13]
雅葆轩:关于使用部分闲置募集资金进行现金管理的进展公告
2023-10-16 10:18
证券代码:870357 证券简称:雅葆轩 公告编号:2023-070 芜湖雅葆轩电子科技股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 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。 (三) 累计现金管理金额未超过授权额度。 (四) 本次现金管理产品受托方、资金使用方情况 一、 授权现金管理情况 芜湖雅葆轩电子科技股份有限公司(以下简称"公司")于 2022 年 12 月 26 日召开第三届董事会第十六次会议及第三届监事会第十次会议,审议通过 了《关于使用部分闲置募集资金进行现金管理的议案》,同意公司自董事会审 议通过之日起 12 个月内,使用额度不超过 10,000 万元的闲置募集资金进行 现金管理,在前述额度内,资金可以循环滚动使用。具体内容详见公司在北京 证券交易所指定信息披露平台(www.bse.cn)上披露的《关于使用部分闲置募 集资金进行现金管理公告》(公告编号:2022-173)。 根据《北京证券交易所股票上市规则(试行)》相关规定,交易的成交金额 占上市公司最近一期经审计净 ...
雅葆轩:第三届董事会第二十二次会议决议公告
2023-08-25 10:35
证券代码:870357 证券简称:雅葆轩 公告编号:2023-063 芜湖雅葆轩电子科技股份有限公司 第三届董事会第二十二次会议决议公告 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。 一、会议召开和出席情况 本议案无需提交股东大会审议。 (一)会议召开情况 1.会议召开时间:2023 年 8 月 25 日 2.会议召开地点:公司会议室 3.会议召开方式:现场 4.发出董事会会议通知的时间和方式:2023 年 8 月 15 日以通讯方式发出 5.会议主持人:董事长胡啸宇先生 6.会议列席人员:监事、高级管理人员 7.召开情况合法、合规、合章程性说明: 会议召集、召开符合《公司法》和《公司章程》的有关规定 (二)会议出席情况 会议应出席董事 5 人,出席和授权出席董事 5 人。 二、议案审议情况 (一)审议通过《关于公司 2023 年半年度报告及摘要的议案》 1.议案内容: 具体议案内容详见公司在北京证券交易所披露平台(www.bse.cn)披露的 《2023 年半年度报告》(公告编号:2023-066) ...
雅葆轩:独立董事关于第三届董事会第二十二次会议审议事项的独立意见
2023-08-25 10:33
证券代码:870357 证券简称:雅葆轩 公告编号:2023-065 一、针对《关于公司 2023 年半年度报告及摘要的议案》的独立意见 经审阅,我们认为:公司 2023 年半年度报告的内容和格式符合北京证券交 易所的各项规定,未发现公司 2023 年半年度报告所包含的信息存在不符合实际 的情况,公司 2023 年半年度报告真实地反映出公司 2023 年上半年的经营管理和 财务状况。公司 2023 年半年度报告的编制符合有关法律、法规、规范性文件和 监管机构的相关规定,不存在损害公司或股东利益的情形。 二、针对《关于公司 2023 年上半年度募集资金存放与实际使用情况的专项报 告的议案》的独立意见 经审阅,我们认为:公司 2023 年上半年度对募集资金存放与使用,符合中 国证监会《上市公司监管指引第 2 号—上市公司募集资金管理和使用的监管要 求》和《北京证券交易所股票上市规则(试行)》等规范性文件和业务规则的相 关要求,不存在违规存放与使用募集资金的情况,不存在募集资金被大股东或实 际控制人占用等违法违规的情况。公司募集资金使用情况的披露与实际使用情况 相符,不存在未真实、准确、完整披露的情况。决策程序合法 ...
雅葆轩:第三届监事会第十三次会议决议公告
2023-08-25 10:33
本公司及监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。 证券代码:870357 证券简称:雅葆轩 公告编号:2023-064 芜湖雅葆轩电子科技股份有限公司 第三届监事会第十三次会议决议公告 一、会议召开和出席情况 会议召开、召集符合《公司法》和《公司章程》的有关规定。 (二)会议出席情况 会议应出席监事 3 人,出席和授权出席监事 3 人。 二、议案审议情况 (一)审议通过《关于公司 2023 年半年度报告及摘要的议案》 1.议案内容: 具体议案内容详见公司在北京证券交易所披露平台(www.bse.cn)披露的 《2023 年半年度报告》(公告编号:2023-066)、《2023 年半年度报告摘要》(公 告编号:2023-067)。 2.议案表决结果:同意 3 票;反对 0 票;弃权 0 票。 (一)会议召开情况 1.会议召开时间:2023 年 8 月 25 日 2.会议召开地点:公司会议室 3.会议召开方式:现场 4.发出监事会会议通知的时间和方式:2023 年 8 月 15 日以通讯方式发出 5.会议主持 ...
雅葆轩:2023年上半年募集资金存放与实际使用情况的专项报告
2023-08-25 10:33
证券代码:870357 证券简称:雅葆轩 公告编号:2023-068 芜湖雅葆轩电子科技股份有限公司 2023 年上半年募集资金存放与实际使用情况的专项报告 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。 一、募集资金基本情况 (一)实际募集资金金额、资金到位时间 2022 年 10 月 18 日,中国证券监督管理委员会出具《关于同意芜湖雅葆轩 电子科技股份有限公司向不特定合格投资者公开发行股票注册的批复》(证监许 可〔2022〕2503 号),同意公司向不特定合格投资者公开发行股票的注册申请。 公司该次发行价格为 14.00 元/股,向不特定合格投资者公开发行股票 13,600,000.00 股(不含超额配售选择权),实际募集资金总额为 190,400,000.00 元,扣除发行费用 18,200,758.69 元(不含税),募集资金净额为 172,199,241.31 元。上述募集资金到位情况业经天职国际会计师事务所(特殊普通合伙)验证, 并于 2022 年 11 月 11 日出具天职业字[2022 ...
雅葆轩(870357) - 2023 Q2 - 季度财报
2023-08-24 16:00
Financial Performance - The company's operating revenue for the reporting period reached ¥166,681,785.48, representing a 45.91% increase compared to ¥114,235,924.14 in the same period last year[26]. - The gross profit margin decreased to 18.49% from 33.66% year-on-year[26]. - The net profit attributable to shareholders was ¥25,267,886.20, down 19.09% from ¥31,227,964.27 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥13,311,931.70, a decrease of 42.17% compared to ¥23,017,643.76 last year[26]. - The weighted average return on net assets based on net profit attributable to shareholders was 6.98%, down from 23.66% year-on-year[26]. - The basic earnings per share decreased to ¥0.32 from ¥0.67 in the previous year[26]. - Net profit decreased by 19.09% to CNY 25,267,886.20, primarily due to weak demand in the consumer electronics sector[39]. - Operating revenue increased by 45.91% to CNY 166,681,785.48, driven by improved market supply-demand dynamics[39]. - Operating costs increased by 79.28% to ¥135,870,186.24, reflecting the growth in sales volume[49]. - Other business income surged by 848.59% to ¥23,568,093.39, indicating significant growth in non-core revenue streams[51]. Assets and Liabilities - Total assets decreased by 2.48% to CNY 411,938,351.75 compared to the end of the previous year[27]. - The company's total liabilities increased by 1.80% to CNY 68,458,686.34, indicating stable overall financial health[27]. - Cash and cash equivalents decreased by 40.27% to ¥70,643,443.63, primarily due to increased prepayments for goods as a result of improved IC supply and demand[44]. - Accounts receivable increased by 37.97% to ¥132,520,728.77, mainly due to longer payment terms for new customers and a reduction in the offset amount for IC receivables[45]. - Prepayments increased significantly by 668.60% to ¥1,596,643.79, attributed to higher prepayments for materials[45]. - The company's total current assets decreased from CNY 375,517,520.80 to CNY 362,562,534.48, a decline of about 3.1%[100]. - The total liabilities increased from CNY 67,245,843.97 to CNY 68,458,686.34, an increase of approximately 1.8%[102]. - The total equity attributable to shareholders decreased from CNY 355,171,779.21 to CNY 343,479,665.41, a decline of about 3.3%[102]. Cash Flow - The net cash flow from operating activities was negative at CNY -7,211,003.92, a decline of 273.59% compared to the same period last year[27]. - The net cash flow from operating activities decreased by 273.59%, amounting to a negative CNY 7,211,003.92, primarily due to increased cash payments for goods[56][58]. - The net cash flow from investing activities increased by 360.50%, totaling a negative CNY 3,429,804.53, attributed to the use of funds for investment projects[57][58]. - The net cash flow from financing activities decreased by 415.27%, resulting in a negative CNY 37,297,725.55, mainly due to the previous year's funds from a targeted stock issuance[57][58]. - The cash flow from operating activities for the first half of 2023 was ¥163,501,404.50, an increase from ¥132,238,314.49 in the same period of 2022[114]. - The company reported a total investment cash outflow of ¥104,208,589.83 in the first half of 2023, compared to ¥744,805.78 in the same period of 2022[114]. - The company received cash inflows from investment activities totaling ¥100,778,785.30 in the first half of 2023[114]. Corporate Developments - The company established a branch in Suzhou in March 2023 to enhance its comprehensive competitiveness[3]. - In May 2023, the company completed the annual equity distribution for 2022, increasing total share capital to 80,080,000 shares after a 3-for-10 stock bonus and cash dividends of ¥36,960,000[4]. - The company established a new subsidiary, Wuhu Zhiyu Import and Export Trade Co., Ltd., to expand its operational scale and enhance its competitive advantage[64]. - The company has been recognized as a provincial-level "high-tech enterprise" and "specialized, refined, distinctive, and innovative"[36][37]. - The company is focusing on small-batch PCBA electronic manufacturing services, which are expected to grow due to increasing consumer demand for personalized products[41]. Shareholder Information - The company's equity increased by 30% to ¥80,080,000.00, resulting from capital reserves being converted into share capital[45]. - The company reported a total shareholding of 63,258,490 shares, representing 78.9941% of the total shares outstanding[85]. - The largest shareholder, Hu Xiaoyu, increased his holdings by 5,987,600 shares to a total of 25,759,500 shares, accounting for 32.1672% of the total[84]. - The second-largest shareholder, Hu Xiaotian, increased his holdings by 3,817,600 shares to a total of 16,443,700 shares, representing 20.5341%[84]. - The company has a total of 80,080,000 shares after a stock increase of 3 shares for every 10 shares held, approved at the 2022 annual general meeting[81]. Governance and Management - The company has established a standardized corporate governance structure to mitigate control risks from its actual controllers[67]. - The board of directors consists of 5 members, while the supervisory board has 3 members[91]. - The company has 3 senior management personnel[91]. - The relationship between the chairman and the general manager is that Hu Xiaoyu is the brother of Hu Xiaotian[92]. - The company has no significant litigation or arbitration matters during the reporting period[70]. - The company has no significant related party transactions involving the transfer of funds or assets during the reporting period[70]. Risks and Challenges - The company faces risks related to raw material supply and price fluctuations, which could adversely affect its business performance[66]. - The company has a significant risk of declining gross margin due to technological stagnation and competitive market pressures[67]. - The company has not faced any delisting risks as per the risk assessment in the report[12]. Research and Development - Research and development expenses for the first half of 2023 were ¥5,892,005.55, slightly up from ¥5,425,820.75 in the first half of 2022, indicating a focus on innovation[108].
雅葆轩:2022年度报告业绩说明会预告公告
2023-05-08 10:06
证券代码:870357 证券简称:雅葆轩 公告编号:2023-051 芜湖雅葆轩电子科技股份有限公司 2022 年度报告业绩说明会预告公告 (一)会议召开时间:2023 年 5 月 12 日 15:00-17:00。 (二)会议召开地点 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。 一、 说明会类型 芜湖雅葆轩电子科技股份有限公司(以下简称"公司")于 2023 年 4 月 25 日在北京证券交易所信息披露平台(www.bse.cn)披露了《2022 年年度报告》 (公告编号:2023-026)及《2022 年年度报告摘要》(公告编号:2023-025),为 方便广大投资者更深入了解公司 2022 年年度经营业绩的具体情况,加强与投资 者的互动交流,公司拟召开 2022 年年度报告业绩说明会。 二、 说明会召开的时间、地点 本次业绩说明会将采用网络远程的方式举行,投资者可登录中证路演中心 (https://www.cs.com.cn/roadshow/)参与本次年报业绩说明会。 三、 参加人员 公司董 ...
雅葆轩(870357) - 2023 Q1 - 季度财报
2023-04-26 16:00
Financial Performance - Operating revenue for Q1 2023 was CNY 73,652,693.45, representing a growth of 23.66% year-on-year[10] - Net profit attributable to shareholders decreased by 8.32% to CNY 17,103,902.90 compared to the same period last year[10] - Basic earnings per share fell by 34.14% to CNY 0.28[11] - The company experienced a 49.61% decrease in net profit after deducting non-recurring gains and losses, totaling CNY 5,984,291.88[10] - Total operating revenue for Q1 2023 reached CNY 73,652,693.45, an increase of 23.7% compared to CNY 59,559,180.20 in Q1 2022[40] - Net profit for Q1 2023 was CNY 17,103,902.90, a decrease of 8.4% from CNY 18,674,189.03 in Q1 2022[42] - Earnings per share for Q1 2023 was CNY 0.28, down from CNY 0.41 in Q1 2022[42] - The total operating profit for Q1 2023 was CNY 7,513,373.94, down from CNY 19,921,147.25 in Q1 2022, reflecting a decline of approximately 62.3%[45] - The company reported a total profit of CNY 20,353,530.28 for Q1 2023, a slight decrease from CNY 21,715,297.25 in Q1 2022[45] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 394.06% to -CNY 5,203,395.68[11] - Operating cash flow for Q1 2023 was negative at CNY -5,203,395.68, compared to a positive CNY 1,769,471.78 in Q1 2022[49] - The net cash flow from operating activities was -5,384,486.13 CNY, a decrease compared to 1,648,001.55 CNY in the previous year[52] - The total cash outflow from operating activities was 65,095,465.87 CNY, compared to 59,547,296.75 CNY last year[52] - The total cash and cash equivalents at the end of Q1 2023 reached CNY 208,703,472.43, compared to CNY 37,251,036.14 at the end of Q1 2022, indicating a significant increase[49] - The cash inflow from sales of goods and services was 46,566,896.51 CNY, a decrease from 52,179,625.75 CNY year-over-year[52] - The company received 13,144,083.23 CNY in other operating cash, an increase from 9,015,672.55 CNY in the previous year[52] - Cash paid to employees increased to 11,392,027.79 CNY from 7,266,446.75 CNY, indicating a rise in labor costs[52] - The company reported a significant increase in cash inflow from investment activities, primarily due to the recovery of investments amounting to 100,000,000.00 CNY[52] - The net increase in cash and cash equivalents for the period was 89,938,471.40 CNY, compared to 28,562,123.78 CNY in the previous year[52] Assets and Liabilities - Total assets increased by 7.64% to CNY 454,693,535.11 compared to the end of last year[10] - The company's asset-liability ratio increased to 18.13% from 15.92% at the end of last year[10] - Total liabilities increased to CNY 82.42 million as of March 31, 2023, compared to CNY 67.25 million at the end of 2022, indicating a growth of about 22.56%[34] - Current assets totaled CNY 403.59 million as of March 31, 2023, up from CNY 375.52 million at the end of 2022, representing an increase of about 7.48%[33] - Cash and cash equivalents decreased to CNY 118.28 million from CNY 208.70 million, a decline of approximately 43.29%[32] - Accounts receivable rose to CNY 129.85 million, up from CNY 96.05 million, marking an increase of about 35.33%[32] - Inventory increased to CNY 64.09 million from CNY 59.41 million, reflecting an increase of approximately 7.06%[32] - Shareholders' equity rose to CNY 372.28 million from CNY 355.17 million, an increase of approximately 4.83%[34] Shareholder Information - The total number of shares held by the top ten shareholders decreased from 49,942,671 to 48,927,326, representing a decline of 1,015,345 shares, which is approximately 2.03%[23] - The largest shareholder, Hu Xiaoyu, holds 19,815,000 shares, accounting for 32.17% of the total shares[23] - The total shareholding of shareholders with more than 5% ownership is 79.43%[23] Business Operations and Future Plans - The company plans to continue expanding its business and investing in new product development[16] - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[33] Related Party Transactions and Commitments - The company has entered into a rental agreement with related party Hu Ruoyong for a monthly rent of RMB 12,500, with a total expected rental amount of RMB 37,500 for the year[28] - The company has applied for a loan of RMB 10 million from Bank of China, with assets pledged as collateral[28] - The actual amount of related party transactions matched the expected amount, indicating consistency in financial planning[28] - The company reported no significant litigation or arbitration matters during the reporting period[26] - There were no external guarantees or loans provided by the company during the reporting period[26] - The company has not experienced any asset seizures, freezes, or pledges during the reporting period[28] - The company has fulfilled all disclosed commitments without any violations during the reporting period[28] Research and Development - Research and development expenses for Q1 2023 were CNY 2,770,501.92, slightly down from CNY 2,973,378.68 in Q1 2022[41] - Deferred income tax assets increased to CNY 1,652,940.45 in Q1 2023, compared to CNY 1,496,771.74 in Q1 2022[37]
雅葆轩(870357) - 2022 Q4 - 年度财报
2023-04-24 16:00
Financial Performance - The company's operating revenue for 2022 was ¥236,765,409.38, representing a year-on-year increase of 23.19% compared to ¥192,201,749.29 in 2021[31]. - The net profit attributable to shareholders for 2022 was ¥58,477,822.26, which is a 25.01% increase from ¥46,777,394.85 in 2021[31]. - The gross profit margin for 2022 was 33.83%, down from 39.28% in 2021[31]. - The company's operating cash flow for 2022 was ¥18,665,114.38, representing a 46.89% increase compared to ¥12,707,033.70 in 2021[37]. - The company achieved a net profit margin of approximately 24.69% in 2022, based on the net profit and operating revenue figures[39]. - The company reported a weighted average return on equity (ROE) of 35.48% for 2022, up from 32.32% in 2021[40]. - The company reported a significant increase in other income, which rose by 1,504.23% to ¥7.83 million, mainly due to increased government subsidies[66]. - The net profit for the period was ¥58,477,822.26, reflecting a year-on-year increase of 25.01, primarily driven by revenue growth and increased government subsidies[54]. Assets and Liabilities - Total assets at the end of 2022 reached ¥422,417,623.18, a significant increase of 114.93% from ¥196,536,230.79 at the end of 2021[33]. - Total liabilities decreased by 26.46% to ¥67,245,843.97 in 2022, down from ¥91,436,798.17 in 2021[33]. - The net assets attributable to shareholders increased by 237.94% to ¥355,171,779.21 in 2022, compared to ¥105,099,432.62 in 2021[33]. - The company's debt-to-asset ratio was 15.51% at the end of 2022, a decrease from 45.26% in 2021[33]. - Cash and cash equivalents increased by 1,280.52% to ¥118,275,363.53, largely due to funds raised from public stock issuance[61]. - The company's accounts receivable balance was 96.0526 million yuan at the end of the reporting period, which may increase operational pressure if not managed effectively[15]. Share Issuance and Capital Structure - The company completed a private placement of 3 million shares during the reporting period[6]. - The company completed a public offering of 1,360,000 shares in November 2022, increasing its total share capital to 61,600,000 shares[27]. - The total number of ordinary shares increased from 45,000,000 to 61,600,000, representing a growth of 37% during the reporting period[180]. - The total number of shareholders increased to 17,889 by the end of the reporting period[180]. - The company raised a total of CNY 190.4 million through a public offering, with 13.6 million shares issued at a price of CNY 14 per share[193]. - The funds raised from the private placement of CNY 30 million were used to supplement working capital and repay bank loans, with 100% of the funds utilized by May 20, 2022[197][200]. Customer Concentration and Market Risks - The top five customers accounted for 97.23% of the company's sales revenue, indicating a high customer concentration risk[15]. - The company faces risks related to raw material supply and price fluctuations, which could adversely affect its business performance[14]. - The company recognizes the risk of raw material price fluctuations, which could adversely affect business operations if costs cannot be passed on to customers[117]. - The company reported a significant customer concentration risk, with the top five customers accounting for 97.23% of sales revenue, which could impact future performance if any major client faces difficulties[121]. Research and Development - The company established a joint research center for electronic design technology with Nanjing University of Aeronautics and Astronautics[6]. - R&D expenses for the current period amounted to 9,730,539.73, representing 4.11% of operating revenue, a decrease from 4.71% in the previous period[94]. - The total number of R&D personnel increased from 21 to 31, with the proportion of R&D staff in total employees rising from 7.89% to 10.23%[95]. - The company holds a total of 32 patents, an increase from 28 in the previous period[96]. Corporate Governance and Compliance - The company is committed to avoiding related party transactions and ensuring compliance with relevant regulations[136]. - The controlling shareholders committed not to transfer or entrust the management of their shares for 12 months after the company's stock is listed on the Beijing Stock Exchange[136]. - The company has not reported any non-standard audit opinions, indicating a clean audit for the fiscal year[102]. - The company will ensure timely and accurate information disclosure regarding any share reductions by its shareholders[140]. Social Responsibility - The company donated CNY 50,000 for Children's Day and CNY 100,000 to support impoverished students during the reporting period, reflecting its commitment to social responsibility[105]. Technology and Production Improvements - The company is focusing on integrating more advanced automation manufacturing technologies to improve production efficiency and product quality[97]. - The rapid thermal soldering technology for PCBA has been completed, which is expected to reduce production costs and improve market competitiveness[97]. - The company is currently developing a smart production line that integrates display and control signal processing modules, aiming to enhance product variety and optimize the production structure[97]. - The company has implemented various production process improvements to reduce costs and enhance market competitiveness[102].