上海贝岭股份有限公司监事会 关于第九届监事会第五次会议相关事项的 核查意见, 根据《中华人民共和国公司法》《中华人民共和国证券法》《上海证券交易 所股票上市规则》及《上海贝岭股份有限公司章程》等有关规定,上海贝岭股份 有限公司监事会对第九届监事会第五次会议相关事项发表核查意见如下: 2、《2023 年半年度报告全文及摘要》的内容和格式符合中国证监会和上海 证券交易所的各项规定,所包含的信息能全面、真实地反映出公司 2023 年半年 度的财务状况、经营成果及其他重要事项。 3、未发现参与 2023 年半年度报告全文及摘要编制和审议的人员有违反保密 规定的行为。 4、同意公司按时披露《2023年半年度报告全文及摘要》。 (以下无正文) (本页无正文,为《上海贝岭股份有限公司监事会关于第九届监事会第五次会议 相关事项的核查意见》签署页 ) 监事签字: 高 邓红兵: / 源: 许海东: D 上海贝岭股份有限公司监 2023年8月 (本页无正文,为《上海贝岭股份有限公司监事会关于第九届监事会第五次会议 相关事项的核查意见》签署页 ) 监事签字: 许海东: 邓红兵: _ 高 源: 上海贝岭股份有限公司监 2023 年 8 ...

中国电子财务有限责任公司 专项审计报告 大信专审字[2023]第 1-04521 号 大信会计师事务所(特殊普通合伙) WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ace.mof.gov.cn）"进行查验 17 1 1 1 22 1 2206 WUYIGE Certified Public Accountants I I P 京 市海淀区 知春路 1 号 Room 2206 22/F.Xueyuan International Tower No.1 Zhichun Road,Haidian Dist. Beijing China 100083 Uit: Telenhone. +86 (10) Ixx II - Internet . MAAA DOVINCOS COM CO 关于中国电子财务有限责任公司 风险评估专项审计报告 大信专审字[2023]第 1-04521 号 上海贝岭股份有限公司: 一、审核意见 我们接受委托,审核了后附的中国电子财务有限责任公司(以下简称"中国电子财务公 司")编制的中国电 ...

上海贝岭股份有限公司独立董事 关于第九届董事会第五次会议相关事项的独立意见 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司独立 董事规则》《上海证券交易所股票上市规则》及《上海贝岭股份有限公司章程》 等有关规定,我们作为上海贝岭股份有限公司(以下简称"公司")的独立董事, 基于独立判断的立场,对公司第九届董事会第五次会议相关事项发表独立意见如 下: 《关于第二期限制性股票激励计划第二个解除限售期公司业绩考核条件达 成的议案》 胡仁昱: 练丽洁: 张 次: 2023 年 8 月 18 日 根据公司 2022 年业绩情况,《公司第二期限制性股票激励计划》设定的限 制性股票第二个解除限售期公司业绩考核条件已经达成。议案内容和履行的程序 合法合规，不存在损害公司及全体股东利益的情形。我们一致同意上述议案。 (以下无正文) (本页无正文,为《上海贝岭股份有限公司独立董事关于第九届董事会第五次会 议相关事项的独立意见》签署页 ) 独立董事签字: ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥394,623,864.96, representing a decrease of 11.61% compared to the same period last year[4]. - The net profit attributable to shareholders was ¥32,826,290.32, down 77.21% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥26,629,887.86, a decrease of 71.27% compared to the previous year[4]. - The basic earnings per share for the period was ¥0.046, reflecting a decline of 77.23% year-on-year[4]. - The decline in net profit was primarily due to weak semiconductor demand and inventory adjustments by major customers, leading to reduced sales scale and gross margin[8]. - Total operating revenue for Q1 2023 was CNY 394.62 million, a decrease of 11.6% compared to CNY 446.43 million in Q1 2022[18]. - Net profit for Q1 2023 was CNY 32.83 million, down 77.3% from CNY 144.62 million in Q1 2022[20]. - The company reported a decrease in total profit to CNY 32.04 million in Q1 2023, down 79.6% from CNY 157.25 million in Q1 2022[19]. Cash Flow and Assets - The company reported a net cash flow from operating activities of -¥98,355,392.61, which is not applicable for year-on-year comparison[4]. - Cash flow from operating activities showed a net outflow of CNY 98.36 million in Q1 2023, compared to a net outflow of CNY 92.23 million in Q1 2022[21]. - Cash and cash equivalents at the end of Q1 2023 were CNY 408.72 million, down from CNY 614.67 million at the end of Q1 2022[22]. - The company's cash and cash equivalents decreased to CNY 694,101,359.15 from CNY 731,362,603.42, reflecting a decline of approximately 5.1%[13]. - As of March 31, 2023, the company's total assets amounted to CNY 4,967,960,154.88, a slight decrease from CNY 4,976,015,882.52 as of December 31, 2022[13]. Expenses and Liabilities - Total operating costs increased to CNY 376.97 million in Q1 2023, up 6.5% from CNY 353.77 million in Q1 2022[19]. - R&D expenses increased during the period, contributing to the decline in profitability[8]. - R&D expenses rose significantly to CNY 73.66 million, an increase of 57.7% compared to CNY 46.67 million in the same period last year[19]. - Total current liabilities decreased to CNY 523,119,427.69 from CNY 581,908,188.36, a decline of about 10.1%[15]. - The company’s non-current liabilities increased slightly to CNY 173,238,576.59 from CNY 166,912,154.11, marking an increase of about 3.9%[15]. Equity and Retained Earnings - The company's total equity increased to CNY 4,271,602,150.60 from CNY 4,227,195,540.05, reflecting a growth of approximately 1.05%[15]. - The company’s retained earnings rose to CNY 2,279,708,657.00 from CNY 2,246,882,366.68, an increase of approximately 1.5%[15]. Government Support and Future Plans - The company received government subsidies amounting to ¥1,296,936.98, which were closely related to its normal business operations[7]. - The company plans to continue focusing on R&D and market expansion despite the current financial challenges[20].

证券代码：600171 证券简称：上海贝岭 公告编号：临 2023-015 上海贝岭股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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责任。 重要内容提示： 会议召开时间：2023 年 4 月 11 日（星期二）上午 10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果 及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内 就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2023 年 4 月 11 日上午 10:00-11:00 （ 二 ） 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 ...

Financial Performance - The company achieved a net profit attributable to the parent company of CNY 399,034,926.70 in 2022, with a net profit of CNY 139,701,632.33 for the parent company[5]. - The total distributable profit for 2022 was CNY 1,297,597,332.08 after accounting for statutory surplus reserves and previous dividends[5]. - The company reported a significant increase in revenue, reaching RMB 1.5 billion, representing a 20% year-over-year growth[23]. - The company's operating revenue for 2022 was approximately CNY 2.04 billion, a year-on-year increase of 0.98% compared to CNY 2.02 billion in 2021[24]. - The net profit attributable to shareholders decreased by 45.29% to CNY 399 million in 2022 from CNY 729 million in 2021[24]. - The basic earnings per share for 2022 was CNY 0.57, down 45.19% from CNY 1.04 in 2021[25]. - The weighted average return on equity decreased by 10.44 percentage points to 9.88% in 2022 from 20.32% in 2021[25]. - The net profit after deducting non-recurring gains and losses for 2022 was CNY 330 million, down 16.93% from CNY 398 million in 2021[24]. - The company achieved a total operating revenue of CNY 2,044.27 million in 2022, representing a growth of 0.98% compared to the previous year[61]. - The main business revenue was CNY 1,993.64 million, with a growth of 1.7% year-on-year, while other business revenue decreased by 20.87% to CNY 5.06 million[61]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 2.00 per share (including tax), totaling approximately CNY 142,435,686.60[5]. - For the fiscal year 2021, the company distributed a cash dividend of 2.00 RMB per 10 shares, totaling 142,435,686.60 RMB, which represents 35.70% of the net profit attributable to ordinary shareholders[156]. - The company has a cash dividend policy that mandates a cumulative cash distribution of at least 30% of the average distributable profit over the last three years[152]. Research and Development - The company is investing in research and development, allocating RMB 200 million towards AI and semiconductor technologies[23]. - R&D expenses increased by 46.16% to CNY 258.19 million, reflecting the company's commitment to innovation and talent acquisition[62]. - The company employed 368 R&D personnel, accounting for 62% of the total workforce, which increased by 31% year-on-year[58]. - The company plans to increase R&D investment in high-speed, high-precision ADC/DAC, BMS AFE ISOUART communication, high-performance power management, and other chip products to enhance technical strength and reduce the gap with international leaders[102]. Market Expansion and Strategy - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[23]. - Market expansion plans include entering the Southeast Asian market, targeting a revenue contribution of 5% from this region in the next two years[23]. - The company is exploring potential acquisitions to enhance its product portfolio, with a budget of up to RMB 500 million for strategic investments[23]. - The company plans to enhance its product competitiveness in the analog integrated circuit and power device sectors, focusing on industrial control and automotive electronics[99]. - The company aims for a sales revenue growth of over 20% in 2023 compared to the previous year[101]. Product Development and Innovation - New product launches included an advanced driving assistance system (ADAS) that is expected to capture a 10% market share within the first year[23]. - The company has launched several advanced IGBT and MOSFET products covering a voltage range of 30V to 1500V and a current range of 5A to 300A, achieving performance comparable to leading international brands[34]. - The company has successfully mass-produced over 120 motor drive products, covering various applications including DC motor drive and stepper motor drive, with 20 new products launched during the reporting period[38]. - The company has introduced multiple new power management products in the automotive electronics market, ensuring a steady increase in market share[37]. Operational Efficiency - The gross margin improved to 35%, up from 30% in the previous year, indicating better cost management[23]. - The company aims to reduce operational costs by 10% through efficiency improvements in manufacturing processes[23]. - The gross profit margin for the main business was 32.67%, with a slight increase of 0.25 percentage points compared to the previous year[64]. Acquisitions and Investments - The company has strategically invested a total of RMB 410.05 million in acquiring 100% equity of Shenzhen Xita Technology Co., Ltd. and 30% equity of Shanghai Lingxin Microelectronics Co., Ltd., with the latter acquisition completed in 2022[89][92]. - The acquisition of Silicon Tower Technology enhances the company's R&D capabilities in motor driver chips and expands its product line, providing complete motor control solutions[161]. - The company made a significant acquisition of Shenzhen Xita Technology Co., Ltd., impacting cash flow from investing activities[74]. Corporate Governance - The company held two shareholder meetings during the reporting period, passing a total of 17 resolutions, ensuring compliance with legal and regulatory requirements[115]. - The board of directors convened 7 meetings, approving 52 proposals, with all meetings conducted in accordance with legal regulations[117]. - The supervisory board held 7 meetings, passing 25 resolutions, ensuring effective oversight of financial and operational compliance[117]. - The total remuneration for the board members during the reporting period amounted to 9.79 million yuan, with a decrease of 26,700 yuan compared to the previous year[124]. Social Responsibility and Environmental Initiatives - The company invested 1 million yuan in environmental protection initiatives during the reporting period[166]. - The company has established an environmental management system certified by ISO14001, ensuring compliance with local environmental standards[169]. - The company actively participated in social responsibility efforts, donating 50,000 yuan for pandemic prevention efforts[172]. - The company invested a total of RMB 300,000 in poverty alleviation and rural revitalization projects in 2022[173]. Challenges and Risks - The company faces risks from a slowdown in domestic economic growth affecting the integrated circuit industry, leading to challenges in talent recruitment and team stability[105]. - The company’s IGBT power device products have gained recognition, but face challenges due to wafer capacity shortages and rising raw material prices[108]. - The company is addressing overdue accounts receivable and stagnant inventory to control inventory risks[141].

Financial Performance - Q3 2022 operating revenue was CNY 492,423,048.94, a decrease of 0.48% year-over-year, while year-to-date revenue reached CNY 1,427,423,563.04, down 5.74% compared to the same period last year[7]. - Net profit attributable to shareholders for Q3 2022 was CNY 71,065,394.77, a decline of 38.15% year-over-year, with a year-to-date net profit of CNY 371,656,917.75, down 26.74%[7]. - Basic and diluted earnings per share for Q3 2022 were both CNY 0.10, representing a decrease of 40.00% compared to the same period last year[9]. - Total operating revenue for the first three quarters of 2022 was ¥1,427,423,563.04, a decrease of 5.74% compared to ¥1,514,297,076.75 in the same period of 2021[30]. - Net profit for the third quarter of 2022 was ¥372,211,567.61, a decline of 27.5% from ¥513,630,721.21 in the same quarter of 2021[33]. - The net profit attributable to the parent company's shareholders for the first three quarters of 2022 was ¥371,656,917.75, a decrease from ¥507,286,731.39 in the same period of 2021, representing a decline of approximately 26.7%[37]. - The total comprehensive income for the first three quarters of 2022 was ¥372,211,567.61, down from ¥513,630,721.21 in the same period of 2021, reflecting a decrease of approximately 27.5%[37]. Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 4,946,811,378.18, an increase of 6.15% compared to the end of the previous year[9]. - The total assets increased to ¥4,946,811,378.18 in 2022 from ¥4,660,263,139.69 in 2021, indicating a growth of 6.15%[28]. - The total liabilities rose to ¥753,581,053.33, compared to ¥678,989,697.54 in the previous year, marking an increase of 11.0%[28]. - The owner's equity reached ¥4,193,230,324.85, up from ¥3,937,317,056.22, reflecting a growth of 6.5%[28]. - The total non-current assets increased to ¥2,243,037,352.48 from ¥1,706,106,505.70, representing a growth of 31.5%[28]. Cash Flow - Cash flow from operating activities for the year-to-date period was negative CNY 199,478,716.99, reflecting a decrease of 158.67% compared to the same period last year[10]. - The net cash flow from operating activities for the first three quarters of 2022 was negative at -¥199,478,716.99, compared to a positive cash flow of ¥340,018,203.93 in the same period of 2021[39]. - The net cash flow from investment activities for the first three quarters of 2022 was ¥276,662,752.84, compared to a negative cash flow of -¥39,140,233.46 in the same period of 2021[39]. - The net cash flow from financing activities for the first three quarters of 2022 was negative at -¥261,722,424.00, compared to -¥41,290,121.80 in the same period of 2021[43]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 160,700[20]. - The largest shareholder, BGI Semiconductor Co., Ltd., holds 178,200,000 shares, accounting for 25.02% of the total shares[20]. - The total number of shares held by the top ten shareholders is significant, with the largest shareholder holding a substantial portion[20]. - The company has not disclosed any related party transactions among the top shareholders[22]. Research and Development - Research and development expenses increased by 62.21% in Q3 2022, attributed to higher R&D investments and rising personnel costs[16]. - Research and development expenses for the third quarter of 2022 amounted to ¥175,180,084.51, an increase of 62.3% compared to ¥107,994,609.42 in the previous year[33]. Operational Changes - The report does not indicate any significant changes in the company's operational strategies or market expansion plans[23].

Financial Performance - Revenue for the first half of 2022 was RMB 935 million, a decrease of 8.29% compared to the same period last year[31] - Net profit attributable to shareholders was RMB 300.59 million, down 23.39% year-on-year[31] - Operating cash flow was negative RMB 134.63 million, a significant decrease of 167.15% compared to the same period last year[31] - Total assets increased by 6.57% to RMB 4.97 billion compared to the end of the previous year[31] - Basic earnings per share decreased by 23.21% to RMB 0.43[32] - Diluted earnings per share also decreased by 23.21% to RMB 0.43[32] - Weighted average return on net assets decreased by 4.02 percentage points to 7.35%[35] - Non-recurring gains and losses amounted to RMB 99,357,271.25, including government subsidies of RMB 2,246,901.65 and fair value changes from equity sales of RMB 107,085,507.40[35] - Revenue decreased by 8.29% to RMB 935 million compared to the same period last year[57] - R&D expenses increased by 46.85% to RMB 95.5 million due to higher R&D investment and labor costs[57] - Net cash flow from operating activities decreased by 167.15% to RMB -134.6 million, mainly due to increased prepayments and guarantee deposits[57] - Inventory increased by 35.48% to RMB 547.2 million, primarily due to normal stockpiling[62] - Goodwill increased by 63.18% to RMB 744.5 million due to the acquisition of Shenzhen Sita Technology[62] - Overseas assets accounted for 10.87% of total assets, amounting to RMB 539.6 million[65] - Prepaid expenses increased by 261.23% to RMB 103.7 million, mainly due to increased prepayments for goods and capacity guarantees[62] - Other receivables increased by 96.36% to RMB 14.6 million, primarily due to slower tenant repayments caused by the pandemic[62] - The company's monetary funds decreased from 1,316,612,301.18 RMB to 684,918,175.57 RMB, a significant drop of 47.9%[162] - Trade receivables increased from 284,916,151.60 RMB to 335,688,461.27 RMB, reflecting a growth of 17.8%[162] - Inventory rose from 403,938,886.07 RMB to 547,237,980.29 RMB, indicating a 35.5% increase[162] - Total current assets decreased from 2,954,156,633.99 RMB to 2,661,793,189.61 RMB, a decline of 9.9%[162] - Total non-current assets increased from 1,706,106,505.70 RMB to 2,304,596,173.96 RMB, showing a growth of 35.1%[165] - Total assets grew from 4,660,263,139.69 RMB to 4,966,389,363.57 RMB, an increase of 6.6%[165] - Total current liabilities increased from 506,876,779.32 RMB to 669,383,077.44 RMB, a rise of 32.1%[165] - Total non-current liabilities grew from 172,112,918.22 RMB to 180,270,554.28 RMB, reflecting a 4.7% increase[165] - Total liabilities increased from 678,989,697.54 RMB to 849,653,631.72 RMB, showing a 25.1% rise[167] - Total equity attributable to the parent company increased from 3,937,317,056.22 RMB to 4,116,735,731.85 RMB, a growth of 4.6%[167] - Total revenue for the first half of 2022 was RMB 935 million, a decrease of 8.3% compared to RMB 1.019 billion in the same period last year[174] - Net profit for the first half of 2022 was RMB 301.1 million, a decrease of 24% compared to RMB 396.4 million in the same period last year[177] - R&D expenses increased by 46.8% to RMB 95.5 million in the first half of 2022, compared to RMB 65 million in the same period last year[174] - Total assets increased by 8.1% to RMB 4.237 billion as of June 30, 2022, compared to RMB 3.919 billion at the end of 2021[172] - Long-term equity investments decreased by 10.7% to RMB 1.435 billion as of June 30, 2022, compared to RMB 1.608 billion at the end of 2021[172] - Operating profit for the first half of 2022 was RMB 326 million, a decrease of 27.8% compared to RMB 451.4 million in the same period last year[177] - Total liabilities increased by 58.9% to RMB 732 million as of June 30, 2022, compared to RMB 460.7 million at the end of 2021[172] - Shareholders' equity increased by 1.4% to RMB 3.505 billion as of June 30, 2022, compared to RMB 3.458 billion at the end of 2021[174] - Fair value change gains decreased by 58.2% to RMB 93.2 million in the first half of 2022, compared to RMB 223 million in the same period last year[177] - Investment income increased by 452.5% to RMB 18 million in the first half of 2022, compared to RMB 3.3 million in the same period last year[174] - Total comprehensive income for the company reached 301,146,172.84 RMB, with 300,591,522.98 RMB attributable to the parent company and 554,649.86 RMB to minority shareholders[179] - Basic and diluted earnings per share were both 0.43 RMB, compared to 0.56 RMB in the previous year[179] - Operating income for the first half of 2022 was 355,323,178.04 RMB, a 4.8% increase from 339,054,789.80 RMB in the same period of 2021[179] - R&D expenses increased significantly to 46,995,960.43 RMB, up 43.3% from 32,786,986.04 RMB in the previous year[179] - Net cash flow from operating activities was negative at -134,628,710.42 RMB, a sharp decline from 200,499,066.70 RMB in the same period of 2021[184] - Investment activities generated a positive cash flow of 186,415,754.87 RMB, a significant improvement from -10,188,331.63 RMB in the previous year[184] - The company received 789,930,448.37 RMB from sales of goods and services, a decrease from 860,229,595.08 RMB in the same period of 2021[184] - Total cash outflow for investment activities was 628,164,090.73 RMB, a substantial increase from 167,244,916.09 RMB in the previous year[184] - The company's net profit for the first half of 2022 was 162,490,148.02 RMB, down from 258,066,755.30 RMB in the same period of 2021[182] - Basic and diluted earnings per share for the parent company were both 0.23 RMB, compared to 0.37 RMB in the previous year[182] - Cash outflow from financing activities amounted to RMB 202.58 million, a significant increase from RMB 109.31 million in the previous year[187] - Net cash flow from financing activities was negative at RMB -202.58 million, compared to RMB -37.00 million in the prior year[187] - Net increase in cash and cash equivalents was negative at RMB -146.39 million, a sharp decline from RMB 152.53 million in the previous year[187] - Cash received from sales of goods and services decreased to RMB 294.39 million from RMB 330.83 million year-over-year[187] - Cash outflow from operating activities increased to RMB 385.72 million from RMB 243.82 million in the previous year[187] - Net cash flow from operating activities was negative at RMB -87.25 million, compared to a positive RMB 99.97 million in the prior year[187] - Cash inflow from investment activities surged to RMB 717.82 million from RMB 66.69 million year-over-year[189] - Net cash flow from investment activities was positive at RMB 135.86 million, a significant increase from RMB 1.66 million in the previous year[189] - Total owner's equity at the end of the period was RMB 3.98 billion, with a net increase of RMB 135.46 million during the period[192] - Comprehensive income for the period totaled RMB 301.15 million, with a significant contribution from net profit[192] - The company's total assets at the end of the period amounted to 4,116,735,731.85[200] - The company's total liabilities at the end of the period were 2,162,409,126.19[200] - The company's equity at the end of the period stood at 1,954,326,605.66 (calculated as total assets minus total liabilities)[200] - The company's retained earnings at the end of the period were 990,123,837.59[200] - The company's capital reserve at the end of the period was 712,178,433.00[200] - The company's other comprehensive income at the end of the period was 69,841,293.17[200] - The company's special reserves at the end of the period were 23,211,095.76[200] - The company's other reserves at the end of the period were 298,654,532.48[200] Corporate Governance and Compliance - The company's semi-annual report for 2022 has not been audited[6] - No profit distribution or capital reserve to share capital conversion plan was proposed during the reporting period[7] - The company has no significant risks to disclose[9] - The report includes forward-looking statements that do not constitute a substantive commitment to investors[8] - The company ensures the authenticity, accuracy, and completeness of the financial report[6] - No non-operational fund occupation by controlling shareholders or related parties[9] - No violations in decision-making procedures for external guarantees[9] - The report covers key financial indicators, management discussion, and analysis[12] - The report includes details on corporate governance, environmental and social responsibilities[12] - The company is not a key pollutant discharge unit and has no industrial or chemical laboratory emissions, focusing on office-based operations[92] - The company has passed ISO14001 environmental management system certification and established environmental protection management systems, ensuring compliance with local environmental standards[93] - The company addressed domestic sewage discharge issues by maintaining sewage pipelines through third-party professional companies and implemented waste classification and disposal systems[92] - The company has fulfilled various commitments related to major asset restructuring, including resolving competition and related transactions, with all commitments being timely and strictly fulfilled[96] - The controlling shareholder, Huada Semiconductor, commits to not directly or indirectly engage in new businesses that compete with Shanghai Belling's main operations during its tenure as the controlling shareholder[99] - Huada Semiconductor will prioritize Shanghai Belling for any business opportunities or investment projects that are similar to its main operations[99] - Huada Semiconductor will eliminate any competitive issues in the shortest reasonable time in accordance with laws and regulations[99] - The controlling shareholder and its controlled enterprises will not invest in or establish any new businesses that compete with the listed company's main operations after the acquisition[99] - The controlling shareholder will notify the listed company immediately if any business opportunities arise that may compete with the listed company's main operations[99] - The controlling shareholder will compensate the listed company for any losses caused by violating the above commitments within 30 working days from the date of loss determination[99] - The controlling shareholder ensures that the listed company maintains independence in business, assets, personnel, finance, and organization after the acquisition[99] - The controlling shareholder guarantees the authenticity, accuracy, and completeness of the information provided during the acquisition process[99] - The controlling shareholder confirms that there have been no violations of laws or regulations related to the securities market in the past five years[99] - The controlling shareholder will lock shares voluntarily for investor compensation arrangements if any illegal activities are found during the investigation[99] - The company has made commitments to avoid insider trading and ensure the independence of the listed company, including maintaining separate business, assets, personnel, and financial operations[105] - The company has pledged to avoid and reduce related-party transactions post-reorganization, ensuring compliance with legal and regulatory requirements[105] - The company has committed to eliminating potential competition issues with its subsidiary, Huada Semiconductor, within a reasonable timeframe[105] - The company has provided assurances regarding the authenticity, accuracy, and completeness of information provided for the reorganization process[105] - The company commits to ensuring the authenticity, accuracy, and completeness of the information and documents provided for the restructuring, and will bear individual and joint legal responsibilities if any false records, misleading statements, or major omissions are found[108] - In the event of an investigation due to suspected false records, misleading statements, or major omissions, the company will suspend the transfer of its shares in Shanghai Belling and apply for a lock-up within two trading days[108] - The company promises not to intervene in the management of Shanghai Belling and not to infringe on the company's interests, and will compensate for any losses caused by violations of these commitments[108] - The company ensures the independence of Shanghai Belling in terms of business, assets, personnel, finance, and organization, both before and after the restructuring[108] - The company commits to avoiding and reducing related-party transactions with Shanghai Belling after the restructuring, and will compensate for any losses caused by violations of these commitments[108] - The company has provided all necessary, true, accurate, complete, and effective documents and information for the restructuring, and will continue to do so in accordance with legal and regulatory requirements[108] - The company has committed to a cumulative audited net profit (after deducting non-recurring gains and losses) of no less than RMB 90 million for Xita Technology from 2022 to 2024[111] - The company has pledged to ensure that the management and core employees of Xita Technology will continue to work for at least five years after the agreement is signed, with specific penalties for early departure or violation of non-compete agreements[111] - The company resolved a long-standing legal dispute involving RMB 48.9 million in misappropriated securities settlement funds, with a total of RMB 21.17 million recovered as of December 2021[116] - The company received an additional RMB 462,270.92 in bankruptcy distribution from Jianqiao Securities in March 2022, leaving RMB 27.27 million still to be executed[116] Business Operations and Strategy - The company is involved in the development of non-volatile memory and power devices[16] - Shanghai Belling focuses on analog and mixed-signal integrated circuits, targeting markets such as network communication, white goods, and automotive electronics[40] - The company operates under a Fabless model, outsourcing wafer processing, packaging, and testing to specialized manufacturers[41] - Shanghai Belling's core competitiveness lies in its power chain and signal chain product segments, covering 7 specialized areas[43] - The company's R&D personnel account for 60% of the total workforce, with 309 out of 518 employees being technical staff[45] - The company holds 339 valid patents, including 241 invention patents, 444 integrated circuit layout design rights, and 70 software copyrights[45] - The company's power management products have achieved AEC-Q100 certification for automotive LED driver chips, with two more products undergoing certification[49] - The company has developed advanced power MOSFET and IGBT products, covering a voltage range of 30V~1500V and a current range of 5A~300A[49] - The company's power management products have been benchmarked against world-class analog manufacturers, with some key performance indicators surpassing domestic and international counterparts[49] - The company is focusing on the development of high-performance, high-quality power management products, including multi-phase DC-DC, GaN driver chips, and anti-strong magnetic AC-DC products[49] - The company is accelerating the transformation and upgrading of IC products towards industrial control and automotive electronics applications[48] - The company's IC product customers are mainly concentrated in smart meters, optical communication modules, security monitoring, white goods, high-end and portable medical devices, industrial control, and general industrial equipment[48] - The company has established a comprehensive marketing network system and maintains good cooperative relationships with downstream customers and sales channels[45] - The company is actively expanding into new markets and application areas, with a focus on industrial control and automotive electronics[45] - The company's power management product business achieved a breakthrough in the automotive electronics market, with one LED driver chip passing AEC-Q100 certification and sales continuously increasing, while another DC-DC and AC-DC power chip were introduced to Tier 1 suppliers for vehicle applications[50] - The company's power MOSFET products have been successfully introduced to end customers and achieved mass sales, while IGBT products have been mass-produced in automotive ignition systems and vehicle air conditioning[50] - The company's high-speed and high-precision ADC/DAC products achieved small-scale sales in industrial control, medical imaging, and power grid protection devices, with samples sent to multiple customers and positive feedback received[50] - The company's energy consumption sensing chips for the ubiquitous IoT market saw a year-on-year increase in sales, with chips for two-wheeled electric vehicle charging piles gradually expanding to the four-wheeled electric vehicle charging pile market[53] - The company's EEPROM product series achieved full coverage from 2kbit to 2048kbit, with sales growth mainly from the LCD panel, industrial control, smart meter, and white goods markets[54] - The company's high-precision ADC chips and supporting high-precision reference source chips achieved breakthroughs in the power protection and industrial control markets, leading to significant sales growth[54] - The company's metering core SoC chips for IoT meters (multi-core solution) saw a year-on-year shipment increase of over 300%, with the company securing the largest market share in the State Grid's 2022 IoT meter tender[54] - The company's standard signal chain products have been widely recognized in high-end applications, with interface products becoming a major supplier in the domestic smart meter field and analog switch products entering

Financial Performance - The company's operating revenue for Q1 2022 was ¥446,433,181.63, representing a 4.00% increase compared to the same period last year[5]. - The net profit attributable to shareholders was ¥144,065,057.96, reflecting a 3.48% increase year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥92,704,094.88, showing a significant increase of 22.58%[5]. - Total operating revenue for Q1 2022 was RMB 446,433,181.63, an increase of 4.0% compared to RMB 429,247,549.73 in Q1 2021[29]. - Net profit for Q1 2022 reached RMB 144,619,707.82, compared to RMB 140,643,943.25 in Q1 2021, reflecting a growth of 2.1%[33]. - Basic earnings per share for Q1 2022 were RMB 0.202, compared to RMB 0.200 in Q1 2021[35]. - The net profit for Q1 2022 was CNY 87,557,204.86, slightly down by 1.2% from CNY 88,589,623.23 in Q1 2021[55]. - Basic and diluted earnings per share for Q1 2022 were both CNY 0.123, slightly down from CNY 0.126 in Q1 2021[57]. Assets and Liabilities - The total assets at the end of Q1 2022 amounted to ¥4,760,057,603.65, which is a 2.12% increase from the end of the previous year[8]. - The total current assets increased to ¥3,030,582,384.57 from ¥2,954,156,633.99 year-over-year[23]. - Non-current assets totaled ¥1,729,475,219.08, compared to ¥1,706,106,505.70 at the end of the previous year[23]. - The total liabilities as of the reporting date were RMB 766,014,284.41, compared to RMB 678,989,697.54 in the previous period, indicating a growth of 12.8%[28]. - The total liabilities amounted to 447,456,973.22 RMB, up from 297,126,371.37 RMB in the previous year, indicating a rise of about 50.6%[47]. - The company’s total assets reached CNY 4,025,391,824.00, an increase from CNY 3,918,758,541.81 in the previous period[49]. Cash Flow - The cash flow from operating activities was negative at -¥92,226,244.14, indicating a significant cash outflow[5]. - In Q1 2022, the net cash flow from operating activities was -92,226,244.14 RMB, a significant decrease compared to 5,279,844.97 RMB in Q1 2021[41]. - Total cash inflow from operating activities was 382,498,026.76 RMB, up from 352,272,490.20 RMB in the same period last year, representing an increase of approximately 8.5%[41]. - Cash outflow from operating activities increased to 474,724,270.90 RMB, compared to 346,992,645.23 RMB in Q1 2021, marking an increase of about 36.7%[41]. - The cash flow from operating activities showed a net outflow of CNY -61,511,664.32 in Q1 2022, compared to a net inflow of CNY 19,610,714.89 in Q1 2021[59]. - Cash and cash equivalents at the end of Q1 2022 were 614,668,323.72 RMB, compared to 335,338,518.18 RMB at the end of Q1 2021, representing an increase of approximately 83.3%[43]. Research and Development - The company's research and development expenses increased by 51.82%, indicating a focus on innovation and product development[11]. - Research and development expenses increased to RMB 46,674,843.02 in Q1 2022 from RMB 30,742,894.92 in Q1 2021, marking a rise of 51.8%[29]. - Research and development expenses increased to CNY 21,660,097.56 in Q1 2022, up 35.5% from CNY 15,983,725.93 in Q1 2021[51]. Shareholder Information - The total equity attributable to shareholders increased slightly by 0.31% to ¥3,949,336,998.15[8]. - The total equity attributable to shareholders of the parent company was RMB 3,949,336,998.15, up from RMB 3,937,317,056.22, showing a slight increase[28]. - The total equity decreased to CNY 3,413,753,552.43 from CNY 3,458,046,178.30, reflecting a decline of 1.3%[49]. - The total number of common shareholders at the end of the reporting period was 143,889[15]. - The largest shareholder, BGI Semiconductor Co., Ltd., holds 178,200,000 shares, accounting for 25.00% of the total shares[15]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥2,085,524.26, which are closely related to its normal business operations[8]. - The investment income saw a dramatic increase of 4157.55%, primarily due to the sale of shares in Wuxi New Clean Energy Co., Ltd.[11]. - The company received 98,000,000.00 RMB from investment recoveries, a significant increase from 33,000,000.00 RMB in Q1 2021[41]. - The company reported a financial asset fair value change gain of CNY 42,091,078.92 in Q1 2022, down from CNY 75,298,040.00 in Q1 2021[55].