Financial Performance - In 2013, the company's operating revenue was CNY 5,233,792,977.43, a decrease of 5.78% compared to CNY 5,555,033,560.07 in 2012[21] - The net profit attributable to shareholders was CNY 70,385,407.08, down 12.57% from CNY 80,503,924.04 in the previous year[23] - The net profit after deducting non-recurring gains and losses increased by 74.80% to CNY 52,832,814.06 from CNY 30,224,082.45 in 2012[23] - The basic earnings per share decreased by 12.53% to CNY 0.0321 from CNY 0.0367 in 2012[21] - The weighted average return on net assets was 1.63%, a decrease of 0.26 percentage points from 1.89% in 2012[21] - The company achieved operating revenue of 5.23 billion RMB, a decrease of 5.78% year-on-year[27] - Net profit for the period was 70.39 million RMB, down 12.57% compared to the previous year[27] Cash Flow and Investments - The net cash flow from operating activities was CNY 731,898,719.84, a significant improvement from a negative CNY 144,317,424.43 in 2012[23] - The company’s cash flow from operating activities was 731.90 million RMB, a substantial increase of 607.15% compared to the previous year[39] - The total amount of cash flow from investment activities was -533.76 million RMB, indicating increased investment compared to the previous year[39] - The company’s net cash flow from financing activities was -131.50 million RMB, a decrease of 731.16% year-on-year[39] Revenue Breakdown - The FA business revenue was 3.03 billion RMB, a decline of 14.70% year-on-year, primarily due to economic conditions and intense competition in the PC market[32] - PCB business revenue reached 1.97 billion RMB, an increase of 8.96% year-on-year, with a significant growth of 440% in the automotive electronics sector[29] - The company’s top five customers contributed 1.97 billion RMB, representing 37.69% of total revenue[33] Assets and Liabilities - Total assets at the end of 2013 were CNY 6,372,276,889.71, a decrease of 2.35% from CNY 6,525,663,852.38 in 2012[23] - The net assets attributable to shareholders increased by 0.97% to CNY 4,334,370,364.87 from CNY 4,292,761,198.29 in 2012[23] - Total liabilities decreased from CNY 2,232,892,654.09 to CNY 2,037,906,524.84, a decline of approximately 8.7%[117] Dividends and Profit Distribution - The company plans to distribute a cash dividend of CNY 0.10 per 10 shares to shareholders, totaling CNY 21,948,912.04 based on the total share capital[5] - The company approved a cash dividend of 0.1 RMB per 10 shares, totaling 21,948,912.04 RMB, which is 31.18% of the net profit attributable to shareholders[62] - The company has a profit distribution policy emphasizing stable and sustainable returns to investors, with cash dividends prioritized[60] Research and Development - R&D expenditure totaled 96.54 million RMB, accounting for 1.84% of operating revenue[39] - The company has established the Founder PCB Research Institute, focusing on R&D in the PCB industry, marking a significant technological advantage[43] Market Strategy and Future Plans - The company aims to achieve a 50% market presence in both domestic and international markets, particularly in the high-end communications sector[44] - The company plans to expand its PCB business through strategic partnerships or acquisitions with domestic and international PCB manufacturers[56] - The company will focus on high-tech fields such as cloud computing, vehicle networking, and the Internet of Things in its future business direction[56] Governance and Management - The company has maintained a stable board composition with independent directors contributing to governance and oversight[84] - The independent directors constitute one-third of the board, ensuring compliance with legal and regulatory requirements[99] - The company has established an internal control system that effectively ensures the legality and compliance of operations, asset security, and the authenticity of financial reporting[104] Audit and Compliance - The financial report was audited by a registered accounting firm, ensuring compliance with accounting standards[109] - The company reported a standard unqualified audit opinion for the financial statements for the year ended December 31, 2013[113] Employee and Management Structure - The total number of employees in the parent company is 68, while the main subsidiaries employ 5,103, resulting in a total of 5,171 employees[92] - The company has established a competitive salary and benefits system to attract and retain talent, with adjustments based on market salary surveys[93] - The management team includes professionals with extensive backgrounds in accounting, finance, and corporate governance, which supports the company's financial integrity[84][86] Financial Reporting and Accounting Policies - The financial statements are prepared in accordance with the Chinese Accounting Standards[150] - The company recognizes goodwill when the initial investment cost exceeds the fair value of identifiable net assets acquired in a merger not under common control[155] - Cash and cash equivalents are defined as short-term, highly liquid investments easily convertible to known amounts of cash[158]

Financial Performance - Operating revenue fell by 19.17% to CNY 983,730,126.76 compared to the same period last year[11] - Net profit attributable to shareholders decreased by 28.66% to CNY 12,098,305.31 compared to the same period last year[11] - Total operating revenue decreased to ¥983,730,126.76 from ¥1,217,044,434.38, representing a decline of approximately 19.2% year-over-year[24] - Net profit attributable to shareholders decreased to ¥12,098,305.31 from ¥16,958,023.19, a decline of about 28.7% year-over-year[24] - Basic and diluted earnings per share decreased to ¥0.0055 from ¥0.0077, reflecting a decline of approximately 28.6% year-over-year[25] - The company reported a total comprehensive income of ¥12,097,450.03, down from ¥16,571,049.10, indicating a decrease of approximately 27.2% year-over-year[25] Cash Flow - Cash flow from operating activities showed a significant decline of 393.79%, resulting in a net outflow of CNY 80,223,110.03[11] - Cash flow from operating activities showed a net outflow of ¥80,223,110.03 compared to a net inflow of ¥27,306,566.07 in the previous period[29] - Investment activities resulted in a net cash outflow of ¥103,162,715.20, compared to a net outflow of ¥100,628,020.08 in the previous period[30] - Financing activities generated a net cash outflow of ¥196,770,047.41, compared to a net outflow of ¥65,320,248.04 in the previous period[30] - The company experienced a cash flow deficit in both investment and financing activities during the quarter[32] Assets and Liabilities - Total assets decreased by 4.15% to CNY 6,107,627,809.78 compared to the end of the previous year[11] - Current assets decreased from ¥2,889,708,315.04 to ¥2,623,582,130.05, representing a decrease of about 9.21%[16] - Cash and cash equivalents decreased from ¥1,407,589,802.19 to ¥1,034,875,702.79, a reduction of approximately 26.5%[16] - Total liabilities decreased from ¥2,037,906,524.84 to ¥1,761,159,994.88, a decline of about 13.6%[17] - Short-term borrowings decreased from ¥595,726,750.00 to ¥415,760,500.00, a reduction of approximately 30.2%[17] Shareholder Information - The number of shareholders reached 273,652 at the end of the reporting period[12] - The company received government subsidies amounting to CNY 2,322,800.01, which are related to its main business[13] - The company did not pay any brand usage fees to Founder Group during the reporting period[14] Investments - Prepaid accounts increased by 184% to CNY 65,390,777.60 due to increased equipment procurement payments[13] - Long-term investments remained stable at ¥434,392,600.00, unchanged from the beginning of the year[16] - The company reported cash inflows from investment activities primarily from investment income of 151,902,400.00 CNY[32] - Total cash outflows for investment activities were 185,158,520.65 CNY, indicating significant investment expenditures[32]