Financial Performance - The company's operating revenue for the first half of 2022 was ¥2,125,948,747.25, representing a 15.73% increase compared to ¥1,837,035,415.11 in the same period last year[24]. - The net profit attributable to shareholders for the first half of 2022 was ¥253,829,896.19, up 13.48% from ¥223,669,786.81 in the previous year[24]. - The net profit after deducting non-recurring gains and losses was ¥204,033,556.72, a significant increase of 45.72% compared to ¥140,013,769.41 in the same period last year[24]. - The net cash flow from operating activities reached ¥230,674,178.85, which is a 112.94% increase from ¥108,328,906.41 in the previous year[24]. - The total assets at the end of the reporting period were ¥8,343,115,410.04, reflecting a 1.08% increase from ¥8,254,020,877.37 at the end of the previous year[24]. - The net assets attributable to shareholders at the end of the reporting period were ¥5,107,975,769.39, showing a 1.40% increase from ¥5,037,314,551.08 at the end of the previous year[24]. - The basic earnings per share for the first half of 2022 were ¥0.255, an increase of 11.84% from ¥0.228 in the same period last year[25]. - The diluted earnings per share were also ¥0.255, reflecting the same percentage increase of 11.84% compared to the previous year[25]. - The weighted average return on equity increased to 5.050%, up 0.37 percentage points from 4.680% in the previous year[28]. - The basic earnings per share after deducting non-recurring gains and losses was ¥0.205, a 44.37% increase from ¥0.142 in the same period last year[28]. Research and Development - The company is focusing on R&D in key equipment and materials, ensuring a competitive edge in the electronic materials and high-end equipment sectors[31]. - The company has increased its R&D investment, enhancing crystal growth speed and developing new processing techniques to reduce costs and improve efficiency[38]. - Research and development expenses increased by 44.17% to CNY 152,500,069.64, reflecting enhanced investment in R&D[48]. - Research and development expenses for the first half of 2022 amounted to ¥152,500,069.64, an increase of 43.9% compared to ¥105,777,901.63 in the first half of 2021[135]. Market Position and Growth - The company has a production capacity of 30,000 tons for soft magnetic materials, ranking it among the top tier in the industry[31]. - Revenue from soft magnetic materials in the automotive electronics sector grew over 100% year-on-year, maintaining an 80% growth rate in the reporting period[34]. - The company holds a leading position in the global sapphire crystal market, with significant market share in substrate materials[34]. - The Mini LED television market is projected to expand significantly, with 2.1 million units shipped in 2021, indicating strong growth potential for sapphire substrates[34]. - The company’s soft magnetic materials are increasingly used in new energy vehicles, contributing to its growth in this segment[34]. - The company has achieved a significant increase in market share for lithium tantalate and lithium niobate crystals, doubling its presence in the domestic market due to ongoing localization efforts[37]. Financial Position and Assets - The total liabilities amounted to ¥3,149,655,944.95, a slight increase from ¥3,134,434,568.15, showing a growth of about 0.48%[128]. - The company's equity attributable to shareholders rose to ¥5,107,975,769.39 from ¥5,037,314,551.08, an increase of approximately 1.39%[128]. - The total current assets increased to CNY 4,353,969,462.38 from CNY 4,195,665,228.46, reflecting a growth of approximately 3.77%[123]. - Cash and cash equivalents rose to CNY 784,649,454.84, up from CNY 573,395,768.02, indicating an increase of about 36.77%[123]. - The company's total liabilities increased, with debt repayment amounting to CNY 704.84 million during the reporting period[146]. Environmental and Social Responsibility - The company reported that its main pollutants include COD, ammonia nitrogen, and VOCs, all treated to meet discharge standards[82]. - The company completed the renewal of its national pollutant discharge permit, valid until August 27, 2025[84]. - The company invested 600,000 yuan over three years to support local poverty alleviation and rural revitalization projects[91]. - The company donated 200,000 yuan for COVID-19 prevention efforts and mobilized over 150 volunteers for community support during the pandemic[91]. - The company has implemented projects aimed at creating "green low-carbon factories" and promoting clean production[90]. Legal and Compliance - The company is involved in significant litigation, including a lawsuit against Fujian Hanjing Optoelectronics Technology Co., Ltd. and Zhejiang Hanxin Semiconductor Technology Co., Ltd. for unpaid goods amounting to RMB 4.1915 million[98]. - The company has reported no significant changes in its audit opinions or bankruptcy restructuring matters during the reporting period[98]. - The company has not faced any penalties or corrective actions related to violations of laws or regulations during the reporting period[101]. Strategic Initiatives - The company plans to leverage opportunities in emerging industries such as new energy and cloud computing to mitigate macroeconomic impacts[69]. - The company is actively investing in industry research and ecosystem development to optimize product structure and attract talent for sustainable growth[46]. - The company is focusing on enhancing product quality and production efficiency, leading to a significant reduction in manufacturing costs[46]. Financial Management - The company has maintained a profit distribution policy, ensuring that cash dividends over the last three years account for at least 30% of the average distributable profit[95]. - The company has not provided any guarantees to shareholders, actual controllers, or related parties, nor to any entities with a debt ratio exceeding 70%[108]. - The company has not disclosed any major related party transactions that have progressed or changed since the last announcement[104].

Financial Performance - The company's operating revenue for Q1 2022 was ¥963,971,234.71, representing a year-on-year increase of 13.31%[6] - The net profit attributable to shareholders was ¥109,606,025.40, with a year-on-year increase of 4.70%[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥76,594,942.35, showing a significant increase of 27.00% compared to the previous year[6] - The net cash flow from operating activities was ¥86,743,852.41, reflecting a year-on-year increase of 23.03%[6] - Total operating revenue for Q1 2022 was CNY 963,971,234.71, an increase of 13.3% from CNY 850,750,991.37 in Q1 2021[31] - Net profit for Q1 2022 was CNY 111,189,019.28, compared to CNY 106,113,236.38 in Q1 2021, reflecting a growth of 3.3%[33] - Earnings per share for Q1 2022 was CNY 0.110, slightly up from CNY 0.107 in Q1 2021[33] - The company reported a decrease in other comprehensive income, with a net amount of CNY -105,923,354.76 in Q1 2022 compared to CNY -202,546,692.21 in Q1 2021[33] - The company reported a significant increase in investment income, totaling CNY 32,658,759.39 compared to CNY 37,673,335.12 in the previous year, a decrease of 13.4%[48] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥8,066,254,929.96, a decrease of 2.27% from the end of the previous year[9] - The company's current assets totaled RMB 4,067,741,922.98, down from RMB 4,195,665,228.46, indicating a decrease of about 3.05%[26] - The company's long-term equity investments were valued at RMB 237,646,776.62, down from RMB 246,484,173.71, indicating a decrease of about 3.56%[26] - The total liabilities decreased to CNY 2,945,785,984.93 from CNY 3,134,434,568.15 year-over-year[28] - Total liabilities increased to CNY 1,176,277,852.66 from CNY 921,035,350.47, marking a rise of 27.8%[50] - The total equity decreased to CNY 3,999,251,264.38 from CNY 4,079,295,840.62, a decline of 2.0%[50] Cash Flow - The cash inflow from operating activities for Q1 2022 was CNY 961,496,964.39, an increase of 14.6% compared to CNY 838,790,324.46 in Q1 2021[38] - The net cash flow from operating activities was CNY 86,743,852.41, up from CNY 70,505,529.04 in the same period last year, representing a growth of 23.0%[38] - The cash outflow from investing activities was CNY 107,874,386.56, compared to CNY 105,049,581.92 in Q1 2021, indicating a slight increase of 2.7%[40] - The net cash flow from investing activities was -CNY 69,967,901.85, worsening from -CNY 56,369,488.28 year-over-year[40] - The cash inflow from financing activities was CNY 277,000,000.00, significantly higher than CNY 194,887,500.00 in Q1 2021, marking an increase of 42.1%[40] - The net cash flow from financing activities was -CNY 92,649,890.72, compared to a positive CNY 47,729,333.92 in the previous year, indicating a decline[40] Research and Development - Research and development expenses increased by 51.74%, primarily due to enhanced R&D capabilities in specialized equipment manufacturing and material manufacturing sectors[14] - Research and development expenses increased to CNY 70,847,501.85 in Q1 2022, compared to CNY 46,689,663.40 in Q1 2021, marking a rise of 51.7%[31] - R&D expenses for Q1 2022 were CNY 33,562,148.32, significantly higher than CNY 16,789,488.42 in Q1 2021, indicating a growth of 100.0%[48] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 67,718[15] - The company reported a total of 10 major shareholders, with the largest shareholder holding 129,561,810 shares, representing a significant concentration of ownership[20] Inventory and Accounts - The company reported a significant increase in prepaid accounts, up 134.87%, due to increased advance payments for key raw materials[11] - Inventory increased to RMB 1,183,821,907.92 from RMB 1,159,856,914.65, reflecting an increase of approximately 2.07%[22] - Accounts receivable decreased to RMB 1,474,815,343.93 from RMB 1,614,375,735.94, showing a reduction of about 8.66%[22]

Financial Performance - In 2021, the company achieved a net profit of RMB 112,727,113.71, with a statutory surplus reserve of RMB 11,272,711.37, resulting in a total distributable profit of RMB 310,379,461.34[3] - The board proposed a cash dividend of RMB 0.5 per 10 shares, totaling RMB 49,828,286.50, with remaining undistributed profits carried forward to the next year amounting to RMB 260,551,174.84[3] - The company's operating revenue for 2021 was ¥4,084,906,935.03, representing a 29.44% increase compared to ¥3,155,775,787.21 in 2020[18] - Net profit attributable to shareholders for 2021 was ¥415,010,752.62, an increase of 8.87% from ¥381,201,445.47 in 2020[18] - The net cash flow from operating activities reached ¥563,736,292.39 in 2021, a significant turnaround from a negative cash flow of ¥3,232,428.66 in 2020[18] - The basic earnings per share for 2021 was ¥0.420, up 8.25% from ¥0.388 in 2020[22] - The weighted average return on equity for 2021 was 8.53%, a slight decrease of 0.17 percentage points from 8.70% in 2020[22] - Total assets at the end of 2021 were ¥8,254,020,877.37, reflecting a 10.00% increase from ¥7,503,722,442.08 at the end of 2020[21] - The net profit after deducting non-recurring gains and losses was ¥291,773,677.02, a substantial increase of 94.80% compared to ¥149,780,783.91 in 2020[18] Research and Development - Research and development investment reached 25,547 million yuan, an increase of 47.32%, accounting for 6.25% of operating revenue[30] - The company applied for 51 new patents in 2021, including 16 PCT patents and 17 invention patents[60] - The company participated in the formulation of 2 international standards and 3 national standards during the reporting period[60] - The company employed 902 R&D personnel, accounting for 18.12% of the total workforce[78] - The company is focusing on the development of piezoelectric crystal materials, which are essential for smartphone filters, with stable demand expected to continue[109] Market Expansion and Strategy - The company is focusing on expanding into markets such as photovoltaic and wind power generation, electric and smart vehicles, next-generation communication technology, and consumer electronics[30] - The company plans to continue expanding its market presence and enhancing its product offerings in response to changing market demands[67] - The company is actively promoting the localization of semiconductor equipment, providing integrated production solutions for silicon wafer manufacturers[113] - The company plans to accelerate product development to capture new market opportunities and improve product gross margins in response to increasing market competition[116] Corporate Governance - All directors attended the board meeting, ensuring the authenticity and completeness of the annual report[3] - The company has established a comprehensive independent financial management system, ensuring financial independence from its controlling shareholders[123] - The company has maintained a stable shareholding structure, with no significant changes in shareholdings among key executives during the reporting period[130] - The company has been focusing on maintaining a robust governance framework to ensure effective decision-making and accountability[141] - The company has seen changes in its management team, including the resignation of former chairman Pan Jianqing[141] Environmental and Social Responsibility - The company has invested 2 million RMB in social welfare projects, including educational and charitable initiatives[182] - The company has established a community partnership with Zhejiang Sci-Tech University to foster talent development[182] - The company has committed to supporting 26 underdeveloped counties, focusing on industrial assistance, intellectual support, and employment guidance[183] - The company has been awarded the "National Advanced Private Enterprise in Employment and Social Security" title in 2021[179] Legal and Compliance - The company has no reported penalties from securities regulatory agencies in the past three years[144] - The company has maintained compliance with legal and regulatory requirements throughout the reporting period[200] - The company has not faced any legal actions that could impact its operations or financial standing[200] - The integrity status of the company and its controlling shareholders remains intact with no adverse situations reported[200] Investment and Financial Management - The total amount of equity investment by the company during the reporting period was RMB 362.01 million, an increase of RMB 25.14 million, or 7.46% compared to the same period last year[94] - The company has completed a total of RMB 62 million in investments in various technology companies, focusing on electronic materials and software development[94] - The company has committed to investing in multiple projects aimed at expanding its capabilities in high-performance materials and technology development[98] Employee Management - The company has implemented a diversified and wide-ranging compensation system, which includes basic salary, performance pay, and stock incentives, aimed at enhancing employee motivation and performance[155] - The company conducted various training programs to enhance management skills and operational efficiency among its employees[156] - The employee stock ownership plan was approved, allowing the acquisition of 13,768,519 shares at a price of 5.82 yuan per share, with a lock-up period of 12 months[161]

2021 年第三季度报告 单位：元 币种：人民币 证券代码：600330 证券简称：天通股份 天通控股股份有限公司 2021 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、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。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 年初至报告 | --- | --- | --- | --- | --- | |-----------------------------------------------|------------------|--------------------------------------|------------------|------------------------ ...

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥1,837,035,415.11, representing a 30.39% increase compared to ¥1,408,856,475.85 in the same period last year[24]. - Net profit attributable to shareholders of the listed company was ¥223,669,786.81, a 5.66% increase from ¥211,683,732.28 in the previous year[24]. - The net profit after deducting non-recurring gains and losses was ¥140,013,769.41, showing a significant increase of 96.90% compared to ¥71,108,326.12 in the same period last year[24]. - The net cash flow from operating activities was ¥108,328,906.41, a remarkable turnaround from a negative cash flow of -¥75,010,923.96 in the previous year, marking a 244.42% increase[24]. - Basic earnings per share for the first half of 2021 were ¥0.228, a 6.05% increase from ¥0.215 in the same period last year[26]. - The diluted earnings per share also stood at ¥0.228, consistent with the basic earnings per share[26]. - The weighted average return on net assets was 4.680%, a decrease of 0.26 percentage points compared to the previous year[26]. - The company reported a significant increase in the weighted average return on net assets after deducting non-recurring gains and losses, rising to 2.930%, an increase of 1.27 percentage points from the previous year[26]. Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥7,859,671,548.57, up 4.74% from ¥7,503,722,442.08 at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company increased to ¥4,832,589,479.10, reflecting a 2.47% growth from ¥4,716,139,084.41 at the end of the previous year[24]. - Total liabilities increased to ¥2,947,874,950.04 from ¥2,717,638,285.17, marking an increase of approximately 8.47%[138]. - Shareholders' equity rose to RMB 4,911,796,598.53, up from RMB 4,786,084,156.91, reflecting an increase of about 2.62%[138]. Research and Development - Research and development expenses increased by 46.20% to CNY 105,777,901.63, reflecting the company's commitment to innovation[51]. - The company aims to stabilize core technical personnel and enhance its R&D capabilities to maintain competitive advantages in the market[74]. - The company has implemented a long-term incentive mechanism to attract and retain technical talent, ensuring active participation in new product development[74]. Market and Product Development - The company operates in the electronic materials sector, focusing on magnetic materials and components, with applications in automotive electronics and communication[31]. - The company provides complete solutions for electronic product design, manufacturing, procurement, and logistics management, serving various industries including IoT and network security[31]. - The company is expanding its product offerings in the semiconductor display equipment sector, targeting the TFT-LCD and OLED markets[35]. - The demand for soft magnetic materials in wireless charging has been increasing, with this segment showing higher gross margins and significant growth potential[38]. - The sapphire material market has seen a rebound in demand and prices, with significant growth in Mini LED applications, leading to increased production and sales for the company[38]. Cash Flow and Financial Management - The company reported a significant credit impairment loss of CNY 2,670,802.70 in the first half of 2021, compared to a recovery of CNY 188,648.41 in the same period of 2020[152]. - The net cash flow from operating activities for the first half of 2021 was ¥108,328,906.41, a significant improvement compared to a net outflow of ¥75,010,923.96 in the same period of 2020[155]. - Cash inflow from operating activities totaled ¥1,631,303,448.90, up from ¥1,158,361,072.49 in the first half of 2020, representing an increase of approximately 40.7%[155]. - The total cash and cash equivalents at the end of the period stood at ¥416,385,480.40, up from ¥366,787,229.28 at the end of the previous year[157]. Corporate Social Responsibility - The company has invested over 1 billion RMB in relocating part of its magnetic materials production and sapphire crystal growth to Liu'an, Anhui, and Yinchuan, Ningxia, creating over 400 jobs locally[95]. - During the first half of 2021, the company helped local farmers by purchasing agricultural products, significantly improving their sales channels and income[95]. - The company has provided 200,000 RMB annually in scholarships, benefiting 920 students over the past three years[95]. - The company is actively involved in the "Red Four Alliance" initiative, which aims to enhance rural governance and economic development through collaboration among villages, communities, enterprises, and institutions[95]. Legal and Compliance - The company has ongoing litigation involving a claim for 42.87 million RMB due to unpaid debts, which has been settled through mediation[102]. - The company has no significant integrity issues or unfulfilled court judgments during the reporting period[107]. - The company has maintained compliance with all regulatory requirements and has not faced any penalties or violations[107]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 82,904[122]. - The largest shareholder, Tiantong High-tech Group Co., Ltd., held 129,561,810 shares, accounting for 13.00% of total shares[125]. - The company has not distributed dividends or increased capital reserves in the recent fiscal year[81].

Financial Performance - Operating revenue for the reporting period was CNY 850,750,991.37, representing a year-on-year increase of 66.35%[11] - Net profit attributable to shareholders was CNY 104,683,414.84, an increase of 5.80% compared to the same period last year[11] - The company reported a net profit excluding non-recurring gains and losses of CNY 60,308,982.23, a substantial increase of 346.57% year-on-year[11] - Revenue for Q1 2021 reached ¥850,750,991.37, a 66.35% increase compared to ¥511,409,614.91 in Q1 2020, driven by growth in magnetic materials, sapphire, and equipment sectors[20] - Net profit for Q1 2021 was RMB 106,113,236.38, representing a 8.8% increase compared to RMB 97,670,345.76 in Q1 2020[39] - The total profit for Q1 2021 was RMB 116,508,772.95, an increase from RMB 106,286,897.22 in Q1 2020[37] Cash Flow - Net cash flow from operating activities was CNY 70,505,529.04, a significant increase of 286.07% compared to the previous year[11] - Net cash flow from operating activities improved significantly to ¥70,505,529.04, a 286.07% increase from a negative cash flow of ¥37,892,059.23 in the same period last year[20] - The net cash flow from financing activities is 47,729,333.92, a decrease from 111,301,207.67 in the previous year[49] - The company generated cash inflow from investment activities of 48,680,093.64, a decrease from 91,618,853.93 in the same quarter last year[49] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,376,072,273.56, a decrease of 1.70% compared to the end of the previous year[11] - Total liabilities amounted to ¥2,669,587,382.08, a decrease from ¥2,717,638,285.17 in the previous period, reflecting a reduction of approximately 1.8%[28] - The total equity attributable to shareholders was ¥4,626,491,931.31, down from ¥4,716,139,084.41, indicating a decline of about 1.9%[28] - Current liabilities remained stable at ¥2,470,644,719.60, slightly down from ¥2,471,864,478.74 in the previous period[26] Investments and Expenses - R&D expenses rose by 62.71% to ¥46,689,663.40 from ¥28,694,436.25, reflecting increased investment in research and development[20] - The company reported a significant decrease in investment income, down 50.79% to ¥37,601,834.10 from ¥76,416,747.60 year-over-year[20] - The company’s financial expenses rose to 5,584,210.36, compared to 4,619,983.27 in the previous year, reflecting a 20.9% increase[43] Shareholder Information - The number of shareholders at the end of the reporting period was 85,823[14] - The weighted average return on equity was 2.24%, a decrease of 0.11 percentage points compared to the previous year[11] Other Financial Metrics - The company’s cash and cash equivalents increased to ¥451,573,937.89 from ¥411,281,010.77, reflecting improved liquidity[23] - The company experienced a net credit impairment loss of RMB 1,981,991.96 in Q1 2021, a decrease from RMB 6,834,542.12 in Q1 2020[37] - Other comprehensive income after tax for Q1 2021 was RMB -202,546,692.21, compared to RMB 176,601,247.56 in Q1 2020[40]

Financial Performance - In 2020, the company achieved a total revenue of ¥3,155,775,787.21, representing a 13.52% increase compared to ¥2,779,942,961.87 in 2019[22] - The net profit attributable to shareholders reached ¥381,201,445.47, a significant increase of 134.70% from ¥162,417,496.13 in the previous year[22] - The net profit after deducting non-recurring gains and losses was ¥149,780,783.91, up 158.91% from ¥57,849,878.70 in 2019[22] - Basic earnings per share increased by 135.15% to CNY 0.388 in 2020 compared to CNY 0.165 in 2019[25] - The weighted average return on equity rose by 4.57 percentage points to 8.70% in 2020 from 4.13% in 2019[25] - The company reported a significant increase in non-current asset disposal gains of CNY 208,135,670.90 in 2020 compared to CNY 66,743,945.49 in 2019[28] - Revenue from magnetic materials manufacturing increased by 23.88% to 69,957 million RMB, with a gross margin increase of 2.83%[50] - The gross profit margin decreased by 1.51 percentage points to 23.29%[51] - The company reported a total operating revenue of ¥3,080,475,294.12, an increase of 13.89% compared to the previous year[51] Assets and Liabilities - The company's total assets as of the end of 2020 amounted to ¥7,503,722,442.08, an increase of 11.69% from ¥6,718,507,718.34 at the end of 2019[22] - The net assets attributable to shareholders increased to ¥4,716,139,084.41, reflecting a growth of 15.97% compared to ¥4,066,829,256.54 in 2019[22] - The total amount of receivables financing increased from CNY 100,499,965.97 at the beginning of the year to CNY 302,517,176.29 by year-end, reflecting a change of CNY 202,017,210.32[31] - Accounts receivable increased by 20.56% compared to the previous period, attributed to sales growth and changes in credit terms[67] - Long-term receivables decreased by 55.31% compared to the previous period, mainly due to the recovery of project payments from subsidiaries[70] Cash Flow - The company reported a net cash flow from operating activities of -¥3,232,428.66, an improvement of 96.43% from -¥90,664,681.69 in 2019[22] - Net cash flow from operating activities increased by 96.43% year-on-year, primarily due to an increase in cash received from other operating activities[65] - Net cash flow from investing activities increased by 86.02% year-on-year, mainly due to an increase in cash recovered from investments[65] - Net cash flow from financing activities decreased by 176.50% year-on-year, primarily due to increased cash payments for debt repayment and other financing activities[65] - Cash and cash equivalents decreased by 39.65% compared to the beginning of the period, mainly due to a reduction in bank deposits and other cash[70] Market and Product Development - The company plans to continue focusing on market expansion and new product development as part of its future strategy[8] - The company has achieved a market-leading position in high-margin products such as thin sheets for wireless charging[35] - The company is actively focusing internal resources to enhance its market share in single crystal growth furnaces, with significant sales growth noted in the semiconductor sector[38] - The company is focusing on expanding its market share in the photovoltaic industry by increasing sales of single crystal growth furnaces and supporting equipment[99] - The company aims to deepen its focus on magnetic materials for wireless charging, new energy vehicles, and renewable energy generation, while developing new applications in sensors and thin film materials[99] Research and Development - Research and development expenses rose by 6.26% to ¥173,409,923.08, mainly due to increased personnel costs and material consumption[60] - The company holds 482 core intellectual properties related to electronic materials and equipment, including 98 invention patents and 339 utility model patents[46] - The company is committed to enhancing its research and development efforts in semiconductor equipment, aiming to build a product matrix through independent research, production, and investment in semiconductor companies[99] Shareholder and Dividend Information - The company proposed a cash dividend of ¥0.50 per 10 shares, totaling ¥49,139,860.55 to be distributed to shareholders[7] - The cash dividend for 2020 was CNY 0.50 per share, totaling CNY 49,139,860.55, which represents 12.89% of the net profit attributable to ordinary shareholders[103] - The company has committed to maintaining a stable profit distribution policy, ensuring continuity in its dividend payouts[108] Legal and Compliance Issues - The company has ongoing litigation involving claims for 4,287.41 million RMB against Hefei Rainbow Blu-ray Technology Co., Ltd. due to unpaid payments[115] - The company has also initiated litigation against Fujian Hanjing Optoelectronics Technology Co., Ltd. for 4,191,500 RMB due to similar payment issues[115] - The company has reported a significant impact on its financial results due to ongoing litigation and settlements[115] - The company has not faced any significant accounting errors or non-standard audit opinions during the reporting period[112] Environmental and Social Responsibility - The company has a wastewater treatment capacity of 500 tons per day for domestic sewage and 1,500 tons per day for magnetic materials wastewater, with a total reuse rate exceeding 75%[147] - The company obtained its first national pollutant discharge permit since the reform on August 28, 2020, valid until August 27, 2023[148] - The company has implemented an emergency response plan for environmental incidents, with no incidents reported during the reporting period[149] Corporate Governance - The company has established a new board of directors consisting of 7 members, including 3 independent directors, following the completion of the board's term[196] - The company has strengthened internal control systems and conducted evaluations and audits of its internal control effectiveness during the reporting period[196] - The company has seen a turnover in its independent directors, reflecting potential shifts in governance strategy[183] Employee Information - The total number of employees in the parent company is 2,105, while the total number of employees in major subsidiaries is 2,934, resulting in a combined total of 5,039 employees[189] - The company has implemented a diversified salary system that includes basic salary, position salary, performance salary, benefits, year-end bonuses, operational performance rewards, and equity incentives[190] - The company conducted training for 105 employees who passed internal and external professional title evaluations, including 13 senior engineers, 49 engineers, and 43 assistant engineers[193]

Financial Performance - Net profit attributable to shareholders was ¥332,887,538.18, representing a significant increase of 126.91% year-on-year[17]. - Operating revenue for the first nine months was ¥2,226,635,310.12, up 17.38% from the same period last year[17]. - Basic earnings per share increased to ¥0.339, reflecting a growth of 130.61% year-on-year[17]. - The weighted average return on equity rose to 7.46%, an increase of 3.74 percentage points compared to the previous year[17]. - Total operating revenue for Q3 2020 reached ¥817,778,834.27, a 14.2% increase from ¥716,219,984.49 in Q3 2019[45]. - Net profit for Q3 2020 was ¥125,983,726.48, compared to ¥35,351,435.34 in Q3 2019, representing a significant increase of 256.5%[49]. - The company reported a total comprehensive income of ¥359,265,562.83 for Q3 2020, compared to a loss of ¥4,222,666.91 in Q3 2019[51]. - The total profit for the first three quarters of 2020 was ¥153,741,579.05, compared to a loss of ¥311,783.82 in the same period of 2019[54]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥7,502,950,066.16, an increase of 11.68% compared to the end of the previous year[17]. - The total assets increased to ¥7,502,950,066.16 from ¥6,718,507,718.34, reflecting a growth in both current and non-current assets[30]. - The total liabilities decreased slightly to ¥2,301,306,746.22 from ¥2,321,313,083.26, indicating a stable financial position[34]. - Total liabilities increased to ¥2,629,024,049.12, up from ¥2,577,211,694.93, reflecting a growth of approximately 2%[36]. - The total equity rose to ¥4,873,926,017.04, compared to ¥4,141,296,023.41, marking an increase of about 17.7%[36]. - The total equity attributable to shareholders reached ¥4,804,490,011.67, up from ¥4,066,829,256.54, reflecting an increase of approximately 18.1%[36]. - The company’s total assets as of the end of Q3 2020 were CNY 6,718,507,718.34, reflecting a stable asset base compared to previous periods[68]. Cash Flow - The net cash flow from operating activities improved to -¥23,817,104.50, a 80.97% increase compared to -¥125,147,783.92 in the previous year[17]. - The net cash flow from operating activities improved by 80.97%, reaching -¥23,817,104.50 compared to -¥125,147,783.92 in the same period last year, due to increased collections and reduced tax payments[25]. - The net cash flow from investing activities was ¥12,931,755.02, a 105.39% increase from -¥239,844,281.35, mainly due to cash received from the reduction of investment in Bochuang Technology[25]. - Cash flow from operating activities for the first three quarters of 2020 was CNY 1,113,979,110.17, an increase from CNY 968,489,400.95 in the same period of 2019, representing a growth of approximately 15%[62]. - The net cash flow from operating activities was negative at CNY -1,385,074.16 in Q3 2020, an improvement from CNY -162,160,236.87 in Q3 2019, suggesting better operational efficiency[65]. Shareholder Information - The total number of shareholders at the end of the reporting period was 81,239[20]. - The largest shareholder, Tiantong High-tech Group Co., Ltd., held 13.00% of the shares, totaling 129,561,810 shares[20]. - The company approved the second employee stock ownership plan, allowing the acquisition of 13,768,519 shares at a price of ¥5.82 per share[27]. Investment and R&D - The company reported non-operating income of ¥69,742,335.42 for the current period, with a total of ¥210,317,741.58 for the year-to-date[19]. - R&D expenses for Q3 2020 were ¥45,517,354.24, slightly down from ¥47,000,722.51 in Q3 2019[45]. - Research and development expenses for Q3 2020 amounted to ¥13,719,396.64, slightly up from ¥12,069,928.76 in Q3 2019[54]. - Future outlook includes continued focus on market expansion and new product development strategies[49]. Changes in Financial Position - Cash and cash equivalents decreased by 30.88% to ¥471,101,358.14 from ¥681,528,019.93 due to a reduction in bank deposits during the reporting period[24]. - Accounts receivable increased by 64.55% to ¥52,030,710.93 from ¥31,619,406.96, primarily due to an increase in commercial acceptance received during the reporting period[24]. - Long-term receivables decreased by 57.82% to ¥1,776,924.55 from ¥4,212,433.19, mainly due to the recovery of project funds from subsidiaries[24]. - Other equity instrument investments increased by 103.16% to ¥1,071,523,541.10 from ¥527,423,065.95, attributed to the increase in fair value of Yaguang Technology during the reporting period[24]. - Cash and cash equivalents decreased to ¥158,316,039.26 from ¥241,963,226.07, a decline of about 34.6%[40]. - Accounts receivable rose to ¥431,224,301.14 from ¥412,785,713.30, showing an increase of approximately 4.4%[40]. - Inventory increased to ¥313,728,803.47 from ¥270,294,121.74, indicating a growth of about 16%[40].

Financial Performance - The company's operating revenue for the first half of 2020 was approximately ¥1.41 billion, representing a 19.32% increase compared to the same period last year[20]. - The net profit attributable to shareholders of the listed company reached approximately ¥211.68 million, an increase of 83.60% year-on-year[20]. - The basic earnings per share for the reporting period was ¥0.215, up 85.34% from ¥0.116 in the same period last year[21]. - The company reported a net profit of RMB 730,682,901.96 for the period, compared to RMB 568,139,030.23 for the previous year, representing an increase of approximately 28.6%[109]. - Total operating revenue for the first half of 2020 was CNY 1,408,856,475.85, an increase of 19.3% compared to CNY 1,180,754,875.77 in the same period of 2019[114]. - Net profit for the first half of 2020 reached CNY 212,851,853.13, representing a 91.0% increase from CNY 111,402,814.39 in the same period last year[115]. Assets and Liabilities - The company's total assets at the end of the reporting period were approximately ¥7.09 billion, a 5.56% increase from the previous year[20]. - The company's total assets increased to CNY 4,917,396,788.22, compared to CNY 4,699,269,644.91 at the end of the previous period[113]. - Total liabilities decreased to CNY 1,056,678,764.31 from CNY 1,109,081,066.38, indicating a reduction in financial obligations[113]. - The company's total liabilities were reported at 2,450,723.00 million, reflecting a stable leverage position[127]. Cash Flow - The net cash flow from operating activities was negative at approximately -¥75.01 million, but improved by 26.79% compared to the previous year[20]. - Cash flow from operating activities improved by 26.79% due to increased collections and reduced tax payments[50]. - The company reported a net cash outflow from operating activities of CNY -75,010,923.96, an improvement from CNY -102,466,276.28 in the first half of 2019[121]. - Cash inflow from financing activities increased to RMB 883,000,000.00, compared to RMB 490,000,000.00 in the same period last year[124]. Investments and Acquisitions - The company made a total equity investment of approximately 179.87 million yuan during the reporting period, marking a 100% increase year-on-year[55]. - The company acquired 100% equity of Zhejiang Kaicheng Semiconductor Materials Co., with a total investment of approximately 8.24 million yuan and additional capital injection of 71.5 million yuan[55]. - The company completed the acquisition of 45% equity in Tiantong Rijing Precision Technology Co., with a total investment of approximately 48.57 million yuan[55]. Research and Development - The company has obtained a total of 33 invention patents and 17 utility model patents in magnetic materials, showcasing its strong R&D capabilities[34]. - The company has successfully developed and mass-produced 6-inch lithium tantalate (LT) and lithium niobate (LN) crystals, breaking foreign monopolies and filling domestic gaps[35]. - Research and development expenses for the first half of 2020 were CNY 20,737,199.87, a decrease from CNY 22,616,600.51 in the first half of 2019[118]. Market Position and Strategy - The company focuses on the research, manufacturing, and sales of electronic materials, including magnetic materials, sapphire crystal materials, and piezoelectric crystal materials, as well as high-end specialized equipment[25]. - The company is actively expanding into the Japanese and Korean markets for piezoelectric crystals, aiming to become a leading supplier in the international market within three to five years[43]. - The company aims to expand into markets along the Belt and Road Initiative, particularly focusing on the Korean and Japanese markets for piezoelectric materials[68]. Legal Matters - The company is involved in a lawsuit with Hefei Rainbow Technology, claiming 42.8741 million RMB for unpaid goods, with a settlement reached[75]. - A lawsuit against Zhejiang Hanjing and Hanjin Technology involves a claim of 4.1915 million RMB for unpaid goods, with the first-instance judgment in favor of the plaintiff[75]. - The company is currently involved in a second-instance appeal regarding the judgment against Zhejiang Hanjing[75]. Environmental Compliance - The company has established 7 sets of wastewater treatment facilities with a total processing capacity of approximately 3,900 tons per day, all of which are operating normally and meet national standards[87]. - The company strictly adheres to the "three wastes" discharge standards, with no instances of exceeding discharge limits during the reporting period[86]. - The company has implemented a self-monitoring plan for wastewater, conducting monitoring every half month, with all indicators meeting standards during the reporting period[90]. Shareholder Information - The total number of ordinary shareholders reached 66,188 by the end of the reporting period[96]. - The largest shareholder, Tiantong High-tech Group Co., Ltd., holds 129,561,810 shares, accounting for 13.00% of total shares[97]. - The company has not proposed any profit distribution or capital reserve increase for the current half-year period[70].

2020 年第一季度报告 公司代码：600330 公司简称：天通股份 天通控股股份有限公司 2020 年第一季度报告 1 / 17 2020 年第一季度报告 一、 二、 11Í 四、 目录 | --- | --- | |----------------|-------| | | | | 重要提示 . | | | 公司基本情况 . | | | 重要事项 . | | | 附录 . | | 2 / 17 2020 年第一季度报告 单位：元 币种：人民币 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人潘建清、主管会计工作负责人张桂宝及会计机构负责人（会计主管人员）许伟保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |------------------------------------------ ...