Financial Performance - The company's operating revenue for 2021 was approximately CNY 1.59 billion, representing a 25.15% increase compared to CNY 1.27 billion in 2020[20]. - The net profit attributable to shareholders of the listed company was CNY 10.60 million, a decrease of 25.98% from CNY 14.32 million in the previous year[21]. - The net cash flow from operating activities was CNY 2.96 million, down 86.84% from CNY 22.46 million in 2020[21]. - Total assets at the end of 2021 were approximately CNY 1.85 billion, an increase of 9.11% from CNY 1.69 billion at the end of 2020[21]. - The company's net assets attributable to shareholders increased by 2.06% to CNY 520.53 million from CNY 510.04 million in 2020[21]. - Basic earnings per share decreased by 20.00% to CNY 0.04 in 2021 compared to 2020[22]. - The company reported a net profit attributable to shareholders of CNY 3,782,149.72 in Q1 2021, increasing to CNY 457,923,714.85 by Q4 2021[24]. - The company recorded a net profit after deducting non-recurring gains of CNY 2,855,152.65 in Q1 2021, but faced a loss of CNY 1,408,091.18 in Q3 2021[24]. - Non-recurring gains totaled CNY 4,766,683.66 in 2021, down from CNY 19,568,124.04 in 2020[26]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in Q4 2023, representing a 20% year-over-year growth[87]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[87]. - The company reported a gross margin of 45%, which is an improvement from 42% in the previous year[87]. Research and Development - Research and development investment increased by 54.92% in 2021, enhancing the company's R&D capabilities[29]. - Research and development expenses increased by 54.92% to 72.55 million yuan, reflecting a commitment to innovation[38]. - R&D expenses for the period totaled ¥72,554,479.53, accounting for 4.56% of operating revenue, with a year-on-year increase of 54.92%[51][54]. - The company has 329 R&D personnel, representing 10.56% of the total workforce, with 1 PhD, 22 Master's, and 140 Bachelor's degree holders[52]. - The company applied for 79 patents during the reporting period and obtained 40 authorized patents[54]. - The company plans to increase R&D investment to promote the transformation of research results, particularly in optical components and control technology[75]. Market and Product Development - The company is focusing on the optical imaging and intelligent control sectors to enhance its core capabilities and market channels[29]. - The company has made significant progress in expanding its international customer base, indicating successful overseas market development[29]. - The optical components market is expected to grow due to increasing applications in various sectors, driven by advancements in AI and big data[30]. - Optical products business achieved revenue of 792.58 million yuan, accounting for 51.14% of total revenue, with a year-on-year growth of 31.86%[33]. - Intelligent controller business generated revenue of 572.33 million yuan, representing 36.93% of total revenue, with a year-on-year increase of 35.13%[33]. - The company continues to focus on technological innovation and market expansion in the optical and intelligent control sectors[37]. - The company is planning a major asset restructuring to inject high-quality assets in the semiconductor epitaxial material sector, specifically acquiring 100% equity of Guosheng Electronics and Puxing Electronics[66]. Corporate Governance - The board of directors confirmed the authenticity, accuracy, and completeness of the annual report[8]. - The company maintained independence in operations, with no interference from controlling shareholders in business activities[81]. - All board members and supervisors demonstrated diligence and responsibility in their roles[81]. - The company ensured compliance with legal and regulatory requirements regarding corporate governance[81]. - The company has not engaged in any significant related party transactions during the reporting period[81]. - The company’s governance structure is aligned with the regulations set by the China Securities Regulatory Commission[81]. - The company has not reported any significant changes in shareholder structure or pledges of shares[157]. Environmental Responsibility - The company is classified as a key pollutant discharge unit in Jiangxi Province, focusing on both water and soil environments[112]. - Wastewater discharge includes chemical oxygen demand at 167 mg/L, suspended solids at 93 mg/L, and heavy metals such as Cr6+ at 0.004 mg/L, all below regulatory limits[112]. - The company has replaced coal-fired boilers with natural gas boilers, meeting the emission standards for dust and sulfur dioxide[114]. - The company has implemented an emergency response plan for environmental incidents, updated in January 2021[116]. - The company’s pollution control facilities, including wastewater treatment and acid mist treatment, are operating normally[117]. - There were no administrative penalties for environmental issues during the reporting period[119]. Financial Position and Assets - The company's total assets as of December 31, 2021, were CNY 853,985,873.99, down from CNY 904,354,491.58 in 2020, a decrease of 5.6%[177]. - Current assets totaled CNY 204,459,107.76 in 2021, a decline of 16.8% from CNY 245,856,547.24 in 2020[177]. - The total liabilities decreased to CNY 161,588,859.59 in 2021 from CNY 177,696,810.32 in 2020, a reduction of 9.1%[177]. - The company's equity decreased to CNY 692,397,014.40 in 2021 from CNY 726,657,681.26 in 2020, reflecting a decline of 4.7%[177]. - The cash and cash equivalents dropped significantly to CNY 79,668,815.70 in 2021 from CNY 238,062,554.18 in 2020, a decrease of 66.6%[177]. - The total amount of special reserves at the end of the period was CNY 70,313,339.37, consistent with the previous year's figure[198]. Shareholder Information - The largest shareholder, Phoenix Optical Holdings Limited, holds 93,712,694 shares, representing 33.28% of total shares[148]. - China Electronics Technology Group Corporation controls the company, with the largest shareholder changing from Phoenix Optical to China Electronics HIK Group in December 2021[153]. - The company has a total of 6,012,480 shares held by China Electronics Investment Holdings Limited, representing 2.14% of total shares[148]. - The top ten shareholders include several natural persons, with Wei Wei holding 5,579,127 shares (1.98%) and Mao Youcong holding 2,521,700 shares (0.90%)[149]. - The report indicates that there are no new shares issued to strategic investors or general legal entities among the top ten shareholders[152].

Financial Performance - The company's revenue for Q3 2021 was CNY 403,809,945.51, representing a 13.13% increase compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 108,714.37, a significant decrease of 97.66% year-over-year[5]. - The basic earnings per share (EPS) was CNY 0.0004, down 97.58% from the previous year[5]. - Operating income for the year-to-date period reached CNY 1,134,820,367.04, a 34.89% increase year-over-year[5]. - The company reported a net cash flow from operating activities of CNY 15,884,591.71, an increase of 637.42% year-over-year[5]. - Total operating revenue for the first three quarters of 2021 reached ¥1,134,820,367.04, a significant increase of 34.8% compared to ¥841,324,305.67 in the same period of 2020[17]. - The net profit for the first three quarters of 2021 was ¥6,184,020.26, a turnaround from a net loss of ¥641,680.18 in the same period of 2020[18]. - The profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥10,047,170.28, compared to ¥812,397.50 in the previous year[18]. - The company recorded a total comprehensive income of ¥6,102,295.71 for the current period, compared to a loss of ¥657,886.64 in the same period last year[18]. Assets and Liabilities - Total assets increased by 1.61% to CNY 1,720,566,808.92 compared to the end of the previous year[6]. - As of September 30, 2021, total assets amounted to CNY 1,720,566,808.92, an increase from CNY 1,693,261,401.94 at the end of 2020[12]. - Current assets totaled CNY 1,051,576,116.67, slightly down from CNY 1,068,086,461.75 at the end of 2020[12]. - Non-current assets totaled CNY 668,990,692.25, up from CNY 625,174,940.19, indicating a growth of approximately 7.0%[13]. - The total liabilities as of the end of the reporting period amounted to ¥1,119,432,528.65, compared to ¥1,098,229,417.38 at the end of the previous year[17]. - Total liabilities amounted to approximately 1,098.23 million, with current liabilities at 1,074.29 million and non-current liabilities at 23.94 million[25]. - The company reported a contract liability of 3.32 million, indicating future revenue obligations[25]. Cash Flow - The net cash flow from operating activities for the first three quarters of 2021 was ¥15,884,591.71, a significant improvement compared to a net outflow of ¥2,955,711.82 in the same period of 2020[20]. - Total cash inflow from operating activities reached ¥1,121,011,075.25, up from ¥813,557,848.41 in the previous year, reflecting a growth of approximately 37.8%[20]. - Cash outflow for purchasing goods and services increased to ¥810,149,229.85 from ¥580,642,553.31, representing a rise of about 39.5%[20]. - The net cash flow from investing activities was -¥78,274,307.33, worsening from -¥22,196,007.35 in the same period last year[21]. - Cash inflow from financing activities decreased to ¥486,330,000.00 from ¥563,000,000.00, a decline of approximately 13.7%[21]. - The ending balance of cash and cash equivalents was ¥197,735,936.00, down from ¥341,847,534.33 at the end of the previous year[21]. Research and Development - Research and development expenses increased by 30.40% due to higher investment in R&D activities[9]. - Research and development expenses increased to ¥46,172,917.62 in the first three quarters of 2021, compared to ¥35,408,349.77 in the same period of 2020, reflecting a growth of 30.4%[17]. Shareholder Information - The company has a total of 93,712,694 shares held by Phoenix Optical Holdings Limited, representing 33.28% of total shares[11]. - The company has established relationships with major shareholders, including China Electronics HIK Group and China Electronics Technology Investment Holdings, indicating potential strategic collaborations[11]. Operational Performance - The company experienced a 150.71% increase in operating profit, attributed to improved operational performance[9]. - The total profit increased by 935.14%, reflecting significant operational improvements[9]. - The company reported a significant increase in cash and cash equivalents, with CNY 240,992,463.95 as of September 30, 2021, down from CNY 357,510,381.92[12]. - Accounts receivable increased to CNY 413,543,733.58 from CNY 386,854,295.98, reflecting a growth of approximately 6.5%[12]. - Inventory rose significantly to CNY 304,572,197.10, compared to CNY 212,247,926.61, marking an increase of about 43.5%[12]. - Accounts payable slightly increased to CNY 323,808,225.85 from CNY 318,255,533.23, showing a growth of about 1.7%[13].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥731,010,421.53, representing a 50.92% increase compared to ¥484,373,351.70 in the same period last year[17]. - The net profit attributable to shareholders was ¥9,938,455.91, a significant turnaround from a loss of ¥3,824,226.79 in the previous year, marking a 359.88% increase[17]. - The net cash flow from operating activities increased by 88.04% to ¥38,126,398.75, compared to ¥20,275,817.38 in the same period last year[17]. - Basic earnings per share for the first half of 2021 were ¥0.04, compared to a loss of ¥0.01 per share in the same period last year, reflecting a 500% increase[18]. - The weighted average return on net assets was 1.93%, an increase of 2.71 percentage points from -0.78% in the previous year[18]. - The company achieved operating revenue of 731 million RMB, a 50.92% increase compared to the same period in 2020[25]. - Net profit reached 9.94 million RMB, reflecting a significant growth of 359.88% year-over-year[25]. - The company reported a net profit of ¥101,286,627.48 for the period, compared to ¥91,348,171.57 in the previous period, reflecting an increase of about 10.66%[79]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,768,079,890.13, up 4.42% from ¥1,693,261,401.94 at the end of the previous year[17]. - The net assets attributable to shareholders increased by 1.93% to ¥519,902,243.39 from ¥510,039,723.74 at the end of the previous year[17]. - Total liabilities reached ¥1,163,487,137.48, compared to ¥1,098,229,417.38 at the end of 2020, reflecting an increase of around 5.93%[79]. - The company's total equity was reported at ¥604,592,752.65, an increase from ¥595,031,984.56, indicating a growth of about 1.93%[79]. - The company's current assets totaled ¥1,104,205,465.49, up from ¥1,068,086,461.75 at the end of 2020, indicating an increase of about 3.37%[78]. - Total liabilities and equity at the end of the reporting period amount to CNY 711,449,191.96, showing a decrease from CNY 726,657,681.26 at the beginning of the year[100]. Revenue Segmentation - The optical products segment generated 363 million RMB in revenue, accounting for 51.01% of total revenue, with a year-over-year growth of 55.97%[25]. - The controller business reported revenue of 264 million RMB, representing 37.12% of total revenue and a growth of 53.12% compared to the previous year[25]. Research and Development - Research and development expenses increased by 29.85% to 28.86 million RMB, indicating a commitment to technological advancement[25]. - The company reported a significant increase in sales expenses, which rose to CNY 3,121,211.55 from CNY 1,657,857.53 in the previous year, indicating increased investment in sales efforts[87]. Environmental and Regulatory Compliance - The company has been classified as a key pollutant discharge unit in Jiangxi Province, with specific measures in place to manage wastewater and emissions[41]. - The company has established two wastewater treatment plants, ensuring that all pollutants meet the national standard GB8978-1996 for first-level discharge standards[46]. - The company’s waste gas treatment facilities for hydrochloric and sulfuric acid mist achieve an absorption rate of 90%, with emissions meeting the secondary standards of the Comprehensive Emission Standard for Air Pollutants (GB16297-1996)[46]. - The company has a zero discharge policy for heavy metal wastewater, which is treated and reused after collection and classification[46]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[50]. Financial Management and Capital Structure - The company reported a total amount of 35,000.00 million RMB in comprehensive credit with China Electronics Technology Finance Co., Ltd., of which 24,800.00 million RMB was actually utilized[58]. - The company provided guarantees totaling 37,450 million RMB, which represents 72.03% of the company's net assets[61]. - The company did not report any changes in its share capital structure during the reporting period[66]. - The company has not made any provisions for special reserves during the reporting period, indicating a conservative approach to financial management[100]. Challenges and Risks - The company is facing supply chain risks due to the ongoing global pandemic, which may impact orders for lithium battery cells in the second half of 2021[35]. - The company is experiencing talent shortages and rising labor costs, prompting a focus on automation and resource allocation to key business areas[36]. - The company is actively managing procurement risks by analyzing key raw material trends and expanding supply channels[36]. Accounting Policies and Financial Reporting - The financial statements are prepared based on the assumption of going concern, indicating the company can meet its operational needs for the next 12 months[108]. - The company adheres to the accounting policies in accordance with the "Enterprise Accounting Standards," ensuring the financial statements reflect a true and complete view of its financial status[109]. - The company measures financial instruments initially at fair value, with subsequent measurement depending on their classification[124]. - The company recognizes gains or losses from financial assets measured at fair value through profit or loss in the current period's profit or loss[125]. Cash Flow and Investment Activities - The cash flow from financing activities included 437,750,000.00 RMB from loans, reflecting the company's reliance on debt financing[90]. - The total cash inflow from investment activities amounted to 101,984,775.19 RMB, while cash outflow was 85,698,467.16 RMB, resulting in a net cash flow of 16,286,308.03 RMB[90]. - The net cash flow from investment activities was significantly negative at -44,465,126.13 RMB, highlighting challenges in this area compared to the previous year[90].

2021 年第一季度报告 公司代码：600071 公司简称：凤凰光学 凤凰光学股份有限公司 2021 年第一季度报告 1 / 23 | 一、重要提示 3 | | --- | | 二、公司基本情况 3 | | 三、重要事项 6 | | 四、附 录 9 | 2021 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增减 | | --- | --- | --- | --- | | | | | (%) | | 总资产 | 1,715,969,807.93 | 1,693,261,401.94 | 1.34 | | 归属于上市公司股 | 513,767,849.13 | 510,039,723.74 | 0.73 | | 东的净资产 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | 经营活动产生的现 | 13,362,675.07 | 3,459,117.18 | 286.30 | | 金流量净额 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减（%） ...

Financial Performance - The net profit attributable to the parent company's shareholders for 2020 was CNY 14.319 million, with a cumulative undistributed profit of CNY 91.3482 million[5]. - The company reported a loss of CNY 21.789 million for the parent company, indicating a challenging financial year[5]. - The board of directors proposed not to distribute profits for 2020 due to the company's current investment phase and to ensure sustainable operational funding[5]. - The company's operating revenue for 2020 was approximately ¥1.27 billion, representing a 12.83% increase compared to ¥1.13 billion in 2019[21]. - The net profit attributable to shareholders of the listed company reached ¥14.32 million, a significant increase of 222.68% from ¥4.44 million in 2019[21]. - The basic earnings per share for 2020 was ¥0.05, reflecting a 150% increase from ¥0.02 in 2019[22]. - The total assets of the company at the end of 2020 were approximately ¥1.69 billion, up 12.99% from ¥1.50 billion at the end of 2019[21]. - The net cash flow from operating activities was ¥22.46 million, a decrease of 69.94% compared to ¥74.73 million in 2019[21]. - The company reported a quarterly revenue of ¥431.35 million in Q4 2020, marking a steady increase throughout the year[24]. - The net profit attributable to shareholders in Q4 2020 was ¥13.51 million, showing a positive trend from previous quarters[24]. - The weighted average return on equity for 2020 was 2.85%, an increase from 0.58% in 2019[22]. - Non-recurring gains and losses for 2020 totaled approximately ¥19.57 million, compared to ¥37.46 million in 2019[26]. - The total profit amounted to CNY 13,973,724.75, reflecting a dramatic rise of 3,744.02% year-over-year[45]. - Operating profit improved to CNY 3,354,410.24, marking a 787.73% increase from the previous year[45]. - The company reported a net profit of 41.91 million yuan in its controller business for 2020, meeting the profit forecast target[89]. Investment and Development - The company is in a phase of investment and development, focusing on sustainable growth strategies[5]. - The company engaged in research and development of optical products, smart controllers, and lithium battery cells during the reporting period[31]. - Research and development expenses totaled 46.83 million RMB, reflecting a year-on-year growth of 20.75%[41]. - The company aims to transition its optical business from components to modules, focusing on security, automotive, and AR sectors over the next two to three years[76]. - The company plans to enhance its smart controller business, expanding into industrial control, automotive, medical, and smart home applications[76]. - The company will increase R&D investment to improve core technologies in optical imaging and smart control, aiming for breakthroughs in these fields[77]. Risk Management - The company has detailed potential risks in the report, emphasizing the importance of reviewing the "Discussion and Analysis of Operating Conditions" section for future development insights[7]. - The company faces risks from supply chain uncertainties due to the COVID-19 pandemic, with plans to strengthen market development and optimize customer structure[79]. - Global procurement challenges for raw materials, particularly chips and optical materials, are anticipated to impact production stability[80]. - The company is addressing talent shortages and rising personnel costs by focusing on key sectors like security and automotive[80]. - The company is implementing strategies to mitigate foreign exchange risks due to significant fluctuations in the RMB exchange rate[80]. Corporate Governance - The board of directors and management have guaranteed the accuracy and completeness of the annual report[8]. - The company has not encountered any major litigation or arbitration matters during the reporting period[93]. - The company has implemented new revenue recognition standards, which are detailed in the accounting policy changes[90]. - The company’s internal control audit was conducted by Da Xin Accounting Firm, with an audit fee of 450,000 yuan[92]. - The company reported a significant focus on improving governance structures and ensuring independence from controlling shareholders[1]. - The company has maintained a stable board composition with no changes in shareholding among directors and supervisors[132]. Environmental and Social Responsibility - The company has completed its poverty alleviation tasks, with all impoverished households in Niao Qiao Village achieving poverty alleviation status by the end of 2020[108]. - The company has invested a total of 10 million RMB in poverty alleviation projects, focusing on agricultural development[106]. - The company has been classified as a key pollutant discharge unit in Jiangxi Province, with specific monitoring of wastewater and air emissions[109]. - The company has eliminated coal-fired boilers and replaced them with natural gas boilers, meeting the emission standards for dust and sulfur dioxide as per GB13271-2001[110]. - The wastewater treatment facilities include a comprehensive wastewater treatment station and a heavy metal wastewater treatment station, achieving compliance with the national standard GB8978-1996 for first-level discharge standards[112]. - The company has achieved zero discharge of heavy metal wastewater through further treatment and reuse[113]. Shareholder Information - The largest shareholder, Phoenix Optical Holdings Co., Ltd., holds 93,712,694 shares, accounting for 33.28% of total shares[123]. - China Electronics Technology Group Corporation is the actual controller of the company, overseeing significant military and civilian electronic information systems[127]. - The second largest shareholder, China Electronics HIK Group Co., Ltd., holds 39,077,954 shares, representing 13.88% of total shares[123]. - The company does not have any strategic investors or general legal entities among its top 10 shareholders[125]. - The total number of ordinary shareholders increased from 13,237 to 14,233 during the reporting period[120]. Financial Statements and Audit - The audit report issued by Da Xin Accounting Firm confirmed the financial report's authenticity and completeness[4]. - The financial statements were approved by the board of directors on April 16, 2021[191]. - The company’s financial statements were audited in accordance with Chinese CPA auditing standards, ensuring compliance with accounting principles[153]. - The company’s bad debt provision involves management judgment, highlighting the importance of accurate financial reporting and risk assessment[159]. - The company reported a significant increase in inventory, which rose by 31.35% to 212.25 million yuan, attributed to increased orders and stock preparation[60].

2017 年年度报告 公司代码：600071 公司简称：凤凰光学 凤凰光学股份有限公司 2017 年年度报告 1 / 124 2017 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 未出席董事情况 | 未出席董事职务 | 未出席董事姓名 | 未出席董事的原因说明 | 被委托人姓名 | | --- | --- | --- | --- | | 董事长 | 刘翔 | 因公务出差 | 刘锐 | 三、 大信会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人刘翔、主管会计工作负责人王炜 及会计机构负责人（会计主管人员）顾兰芳声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 经公司聘请的审计机构——大信会计师事务所（特殊普通合伙）审计验证，公司2017年度实 现归属于母公司股东的净利润3353.28万元，加上年初未分配利润-2116.46万元，本年度累计未分 配利润为1236.82万元。鉴 ...