证券代码：600775 证券简称：南京熊猫 公告编号：临 2023-028 南京熊猫电子股份有限公司 第十届监事会第十二次会议决议公告 本公司监事会及全体监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法律责任。 南京熊猫电子股份有限公司（以下简称"公司"）监事会根据《公司章程》 的有关规定，于 2023 年 8 月 28 日在公司会议室以现场会结合通讯方式召开第十 届监事会第十二次会议。监事樊来盈先生、傅园园女士、周玉新先生出席了会议。 本次会议的召开符合有关法律法规、《公司章程》及《监事会议事规则》的规定。 会议由监事会主席樊来盈先生主持。经过讨论，公司第十届监事会第十二次 会议通过如下决议： 一、审议通过了《南京熊猫 2023 年半年度报告及其摘要》 公司监事会对董事会编制的公司 2023 年半年度报告进行了认真严格的审核， 并提出如下书面审核意见： 1、董事会关于公司 2023 年半年度报告的编制和审议程序符合法律、行政法 规和中国证监会的规定，符合《公司章程》和公司内部管理制度的各项规定，报 告的内容能够真实、准确、完整地反映公司的实际情况； 2 ...

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 1-04519 号 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. ty") "这组用于证明该审计报告是否由具有执业许可的会计师事务所出具。 : # 1 !! ly 22 1 2206 WUYIGE Certified Public Accountants.LLP Room 2206 22/F,Xueyuan International Tower No 1 Zhichun Road Haidian Dist. Beijing, China, 100083 U if Telephone: +86 (10) 82330558 Ixx til· Internet. +86 (10) 82327668 www.daxincna.com.cn 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 1-04519号 南京熊猫电子股份有限公司: 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")编制的中国电子财务有限责 ...

证券代码：600775 证券简称：南京熊猫 公告编号：临 2023-027 南京熊猫电子股份有限公司 第十届董事会第十九次会议决议公告 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法律责任。 一、董事会会议召开情况 （一）南京熊猫电子股份有限公司（以下简称"公司"或"南京熊猫"）第 十届董事会第十九次会议的召开符合有关法律、行政法规、部门规章、规范性文 件和《公司章程》的规定。 （二）本次董事会会议通知和材料于2023年8月21日以电子邮件方式发出。 （三）本次董事会会议于2023年8月28日在公司会议室以现场结合通讯的方 式召开。 （四）本次董事会会议应出席董事9人，实际出席董事9人。 详见公司于 2023 年 8 月 29 日在上海证券交易所网站（www.sse.com.cn）上 刊登的《中国电子财务有限责任公司风险评估报告》。 （三）审议通过了经修订的《南京熊猫 2023 年度资本支出项目预算》 （五）本次董事会会议由董事长夏德传先生主持。 二、董事会审议及决议情况 （一）审议通过了《南京熊猫2023年半年度报告及其摘要》 表决 ...

Financial Performance - The company's operating revenue for Q1 2023 was RMB 558,119,921.10, a decrease of 47.36% compared to the same period last year[23] - The net profit attributable to shareholders of the listed company was a loss of RMB 30,450,577.25, with no applicable comparison[23] - The net cash flow from operating activities was a negative RMB 173,980,108.81, representing a decrease of 457.38%[23] - The company's operating revenue decreased by 47.36% due to delays in project progress in the smart transportation business and a reduction in orders in the green service-oriented electronic manufacturing sector[37] - The net profit attributable to shareholders of the listed company decreased significantly, primarily due to the same factors affecting operating revenue[37] - Cash flow from operating activities decreased by 457.38%, mainly due to a year-on-year decline in cash received from sales of goods and services[37] - The company reported a net cash outflow from operating activities of ¥173,980,108.81 for Q1 2023, compared to a net inflow of ¥48,682,571.95 in Q1 2022[53] - Total operating revenue for Q1 2023 was ¥558,119,921.10, a decrease of 47.5% compared to ¥1,060,341,055.39 in Q1 2022[72] - The company reported a comprehensive income total of ¥4,984,610.05 for Q1 2023, compared to a loss of -¥10,045,326.19 in Q1 2022[57] - The net profit for Q1 2023 was ¥4,984,610.05, a significant recovery from a net loss of ¥10,018,159.74 in Q1 2022[79] Assets and Liabilities - The total assets at the end of the reporting period were RMB 5,573,845,377.14, down 4.93% from the previous year-end[23] - The equity attributable to shareholders of the listed company was RMB 3,524,473,519.38, a decrease of 0.83% compared to the previous year-end[23] - As of March 31, 2023, total assets amounted to ¥5,573,845,377.14, a decrease from ¥5,863,034,744.88 as of December 31, 2022, representing a decline of approximately 4.93%[44] - Current assets totaled ¥3,601,007,157.17, down from ¥3,882,727,335.24, indicating a decrease of about 7.24%[44] - Total liabilities decreased to ¥1,783,404,785.83 from ¥2,052,720,609.40, a reduction of approximately 13.07%[47] - The total owner's equity decreased to ¥3,790,440,591.31 from ¥3,810,314,135.48, a decline of approximately 0.52%[47] - The total liabilities as of the reporting date were ¥337,321,116.83, slightly up from ¥336,440,702.55 in the previous period[55] - The company's long-term liabilities totaled ¥1,789,350.53, an increase from ¥1,470,230.97 in the previous period[55] Cash Flow and Investments - The company reported an investment income of RMB 29,916,770.01, an increase from RMB 19,257,496.64 in the previous year[13] - The company reported a 55.35% increase in investment income, attributed to higher returns from investments in joint ventures[37] - The company's cash flow from investment activities was ¥354,579,487.96 in Q1 2023, compared to ¥473,718,187.11 in Q1 2022, indicating a decrease of about 25.2%[53] - Net cash flow from investment activities in Q1 2023 was -¥86,058,689.74, compared to a positive cash flow of ¥147,924,000.83 in Q1 2022[58] Research and Development - Research and development expenses for the period were RMB 50,851,851.93, down from RMB 70,122,582.05 in the previous year[13] - Research and development expenses for Q1 2023 were ¥8,351,432.11, a decrease from ¥9,763,958.50 in Q1 2022[79] Earnings and Shareholder Information - The company’s basic and diluted earnings per share were both -0.0333 yuan[23] - The company’s weighted average return on net assets was -0.86%[23] - Basic and diluted earnings per share were both -0.0333, worsening from -0.0186 in the previous period[84] - The net profit attributable to minority shareholders was 9,678,287.77, up from 7,149,238.56 in the previous period[84] Other Financial Metrics - The company experienced a 64.12% decrease in employee compensation payable, primarily due to payments of salaries and bonuses this period[36] - The company’s contract assets decreased by 59.43%, as some contract assets recognized at the beginning of the period were transferred to receivables[36] - The company’s financial assets decreased by 47.77%, mainly due to the maturity of certain bank wealth management products[36] - The company’s accounts receivable decreased by 53.06%, primarily due to the maturity of certain notes receivable this period[36] - The company's inventory increased to ¥668,064,681.08 from ¥601,451,915.31, marking an increase of about 11.06%[44] - Long-term equity investments rose to ¥742,939,388.40 from ¥717,388,041.95, an increase of approximately 3.57%[44] - The company experienced a decrease in cash outflows related to operating activities, which totaled ¥70,228,207.26 in Q1 2023 compared to ¥238,977,358.37 in Q1 2022[80] Strategic Outlook - The company has not indicated any new product launches or significant market expansion strategies during this reporting period[81]

Financial Performance - The company's operating revenue for Q1 2023 was CNY 558,119,921.10, representing a decrease of 47.36% compared to the same period last year[2]. - The net profit attributable to shareholders was CNY -30,450,577.25, with a significant decline attributed to delays in project completion in the smart transportation sector and reduced orders in the green service electronic manufacturing segment[2]. - Total revenue for Q1 2023 was RMB 558,119,921.10, a decrease of 47.4% compared to RMB 1,060,341,055.39 in the same period last year[20]. - Net loss for Q1 2023 was RMB 20,772,289.48, compared to a net loss of RMB 9,804,658.73 in the same period last year, representing a 111.5% increase in losses[21]. - The total comprehensive loss for Q1 2023 was RMB -20,772,289.48, compared to RMB -9,831,825.18 in the same period last year[24]. - The company reported a basic and diluted earnings per share of RMB -0.0333 for Q1 2023, compared to RMB -0.0186 in the same period last year[24]. Cash Flow - The net cash flow from operating activities decreased by 457.38%, amounting to CNY -173,980,108.81, primarily due to a decline in cash received from sales of goods and services[2]. - Cash inflow from operating activities for Q1 2023 was RMB 884,883,104.00, a decrease of 24.7% from RMB 1,174,691,168.42 year-over-year[25]. - Cash outflow from operating activities totaled RMB 1,058,863,212.81, a decrease of 6% compared to RMB 1,126,008,596.47 in the same period last year[26]. - Cash flow from operating activities in Q1 2023 was negative RMB 21,703,746.73, an improvement from negative RMB 148,637,711.41 in Q1 2022[41]. - The net increase in cash and cash equivalents was RMB 71,695,203.25, compared to RMB 303,383,410.03 in the previous year[29]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,573,845,377.14, down 4.93% from the previous year[2]. - The company's total liabilities amounted to RMB 1,783,404,785.83 as of March 31, 2023, compared to RMB 2,052,720,609.40 at the end of 2022, representing a reduction of approximately 13.08%[17]. - Current assets totaled RMB 3,601,007,157.17 as of March 31, 2023, down from RMB 3,882,727,335.24 at the end of 2022, indicating a decrease of about 7.24%[12]. - The company's accounts payable decreased to RMB 1,358,021,436.91 as of March 31, 2023, from RMB 1,533,543,158.65 at the end of 2022, indicating a decline of approximately 11.43%[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,996[6]. - The top shareholder, Hong Kong Central Clearing Limited, holds 27.10% of shares, totaling 247,692,253 shares[7]. - Panda Electronics Group Limited, a state-owned entity, holds 23.05% of shares, totaling 210,661,444 shares, with 105,091,430 shares pledged[7]. - As of the reporting period, the top 10 shareholders include Lü Ping with 7,178,700 shares and Tang Jun with 2,690,000 shares, while Beijing Furun Deli Asset Management holds 3,053,300 shares[9]. Operational Challenges - The company anticipates continued challenges in revenue generation due to project delays and reduced orders in key business segments[4]. - The company reported a significant decrease in net profit attributable to shareholders due to the impact of project progress and reduced orders in certain business segments[5]. - Operating costs decreased by 48.05% due to the impact of project progress on smart transportation business and a reduction in orders for green service-type electronic manufacturing[5]. Investment and Income - Investment income increased by 55.35% primarily due to higher investment returns from joint ventures[5]. - Non-operating income surged by 459.55%, attributed to an increase in amounts not required to be paid[5]. - The investment income from associates and joint ventures rose to RMB 25,559,341.69 in Q1 2023, up from RMB 15,409,924.52 in Q1 2022, marking a 65.0% increase[35].

Financial Performance - Non-recurring profit and loss items totaled RMB 29.35 million in 2022, a decrease from RMB 30.04 million in 2021 and RMB 59.06 million in 2020[23] - Government subsidies related to normal business operations amounted to RMB 20.62 million in 2022, up from RMB 13.35 million in 2021[22] - Gains from disposal of non-current assets were RMB 800,968.84 in 2022, compared to a loss of RMB 673,919.77 in 2021[22] - The fair value change of financial assets and liabilities impacted the profit by RMB 1.57 million in 2022[24] - Total revenue for 2022 was RMB 4.15 billion, with a net profit of RMB 81.38 million[25] - The company's operating income decreased by 8.33% year-on-year to 4.154 billion yuan, primarily due to a decline in orders for green service-oriented electronic manufacturing business[45] - Operating costs decreased by 10.01% year-on-year to 3.565 billion yuan, mainly due to reduced costs from the decline in green service-oriented electronic manufacturing business orders[45] - R&D expenses slightly decreased by 0.94% year-on-year to 211.04 million yuan, primarily due to a reduction in R&D materials[46] - Net cash flow from operating activities decreased by 27.79% year-on-year to 150.32 million yuan, mainly due to a decrease in cash received from sales of goods and services[46] - Other income increased by 46.41% year-on-year to 25.42 million yuan, mainly due to an increase in government subsidies related to operations[47] - Investment income increased by 35.01% year-on-year to 88.72 million yuan, primarily due to increased investment income from affiliated enterprises[47] - Fair value change income surged by 77.37% year-on-year to 1.57 million yuan, mainly due to the recognition of fair value changes in financial products at the end of the period[47] - Industrial Internet and Intelligent Manufacturing segment revenue increased by 23.51% to 247,403,765.22 yuan, with gross margin rising by 12.97 percentage points[50] - Smart Factory and System Engineering revenue surged by 52.02% to 197,614,459.68 yuan, with gross margin up by 18.12 percentage points[50] - Smart Transportation revenue decreased by 14.66% to 618,528,328.91 yuan, but gross margin improved by 5.35 percentage points[50] - Digital Park revenue grew slightly by 1.28% to 670,933,905.59 yuan, with gross margin up by 0.56 percentage points[50] - Surface mount production and sales volume dropped by 45.22% and 45.97% respectively, with inventory down by 68.09%[56] - Smart transportation equipment production and sales volume increased by 81.10% and 90.71% respectively, while inventory decreased by 31.22%[56] - Material costs for Industrial Internet and Intelligent Manufacturing segment rose by 22.73% to 167,328,365.33 yuan, accounting for 67.89% of total costs[58] - Smart Transportation and Safe City segment material costs decreased by 12.12% to 1,105,969,115.10 yuan, representing 90.68% of total costs[58] - Green service-oriented electronic manufacturing revenue declined by 10.43% due to reduced electronic manufacturing service income[55] - Nanjing region revenue decreased by 9.63% to 2,763,176,805.70 yuan, but gross margin improved by 1.58 percentage points[53] - Smart factory and system engineering material costs increased by 39.04% to RMB 140.38 million, accounting for 73.76% of total costs[60] - Smart manufacturing core components manufacturing costs decreased by 38.34% to RMB 17.87 million, accounting for 31.85% of total costs[60] - Top 5 customers accounted for 37.90% of total sales, with RMB 1.57 billion in sales, including RMB 622.80 million from related parties[62] - Top 5 suppliers accounted for 18.58% of total procurement, with RMB 536.98 million in purchases, none from related parties[63] - R&D expenses decreased by 0.94% due to reduced R&D materials, with total R&D investment of RMB 211.04 million, accounting for 5.08% of revenue[64][65] - Electronic Equipment Company's net loss narrowed to -7,189.95 million yuan in 2022 from -7,746.03 million yuan in 2021[94] - Information Industry Company's net profit increased by 3.85% to 4,912.42 million yuan in 2022[94] - Electronic Manufacturing Company's net profit decreased by 40.85% to 2,653.43 million yuan in 2022 due to reduced orders and increased exchange losses[94] - Communication Technology Company's net profit grew by 14.83% to 1,552.00 million yuan in 2022, driven by improved product margins[94] - Nanjing Ericsson Panda Communication Co., Ltd. (ENC) reported a 16.54% decline in revenue to 555,165.49 million yuan and a 16.11% drop in net profit to 11,246.82 million yuan in 2022[96] - Nanjing LG Panda Appliances Co., Ltd. saw a 2.01% decrease in revenue to 591,033.20 million yuan but a 26.61% increase in net profit to 18,661.41 million yuan in 2022 due to higher product prices and reduced transportation costs[99] Business Operations and Strategy - The company secured contracts exceeding RMB 500 million in the smart transportation and digital park industries[25] - Export sales of VR products exceeded RMB 100 million in 2022[25] - The company's R&D project was approved as part of the national key R&D program by the Ministry of Science and Technology[25] - The company's subsidiaries were recognized as provincial-level enterprise technology centers by the Jiangsu Provincial Department of Industry and Information Technology[25] - The company's main businesses closely follow national development strategies and industrial policy trends[30] - The company focuses on three main business areas: smart transportation and safe cities, industrial internet and intelligent manufacturing, and green service-oriented electronic manufacturing[35] - In the smart transportation and safe cities sector, the company integrates big data, cloud computing, IoT, 5G, and AI technologies to develop smart transportation, safe city communication, digital parks, urban emergency equipment, and energy storage power solutions[35] - In the industrial internet and intelligent manufacturing sector, the company combines 5G, edge computing, big data, and sensor technologies with advanced manufacturing to provide smart factory system solutions, enhancing automation, informatization, digitalization, and intelligent transformation for manufacturing enterprises[35] - The company provides comprehensive manufacturing services for 3C products, new display module components, white家电 core components, automotive electronics, and communication equipment, while promoting green operations and supply chain management to achieve carbon neutrality goals[36] - The company has established a strong presence in the smart rail transit market, offering integrated solutions for urban rail transit systems, including automatic fare collection, ticketing, and communication systems, and has expanded into intercity rail and road transportation[39] - In the intelligent manufacturing sector, the company has developed smart factory solutions that improve production efficiency by approximately 30%, reduce labor costs, and minimize human errors through automation and intelligent technologies[39] - The company operates multiple electronic product manufacturing facilities in Nanjing, Chengdu, and Shenzhen, with an annual production capacity of 60 million units, integrating MES and SAP-ERP systems for efficient and green manufacturing[40] - The company has strengthened its innovation capabilities with 11 government-recognized innovation platforms, including provincial-level enterprise technology centers and engineering research centers, and maintains high-tech enterprise qualifications for six major subsidiaries[41] - The company's annual technology investment exceeded 200 million yuan, accounting for over 5% of total investment[43] - In 2022, the company received 129 national patent applications, including 63 invention patents, and was granted 99 national patents, including 21 invention patents[43] - The company was awarded the second and third prizes of the Jiangsu Provincial Science and Technology Award, and the first prize of the Jiangsu Automation Association Innovation Solution Award[43] - The company signed strategic cooperation agreements with Nanjing University of Aeronautics and Astronautics, China Unicom, and Nantong Big Data Development Group[69] - The company integrated R&D resources from 6 high-tech enterprises, 9 provincial and 2 municipal research platforms, and 4 graduate workstations[69] - The company joined industry ecosystems such as the "Yangtze River Delta Civil Aviation Industry Technology Innovation Alliance" and the "Digital Industry Community Industry Alliance"[69] - The company expects the electronic information manufacturing industry to grow at a rate of 5%-10% in 2023, driven by technological innovation and policy support[101] - In the digital city sector, the company focuses on smart transportation, safe cities, and digital parks, leveraging technologies like 5G, AI, and big data[103] - By 2025, China is expected to have 60 cities with operational urban rail transit systems, with a total mileage exceeding 13,000 kilometers[103] Industry Trends and Policy - The electronic information manufacturing industry in China grew by 7.6% in 2022, with revenue reaching RMB 15.4 trillion[27] - The added value of high-tech manufacturing and equipment manufacturing above designated size increased by 7.4% and 5.6% respectively in 2022[28] - By 2025, most large-scale manufacturing enterprises in China are expected to achieve digitalization and networking, with key industry leaders initially applying intelligent technologies[28] - By 2035, large-scale manufacturing enterprises are expected to fully popularize digitalization and networking, with key industry leaders basically achieving intelligent technologies[28] - The "20th National Congress Report" emphasizes the development of high-end, intelligent, and green manufacturing, and the integration of strategic emerging industries[31] - The "Notice on Consolidating the Upward Trend and Revitalizing Industrial Economy" focuses on advancing national-level clusters to world-class levels and promoting the integration of new-generation information technology with manufacturing[32] - The "Opinions on Building a Data Foundation System to Better Leverage the Role of Data Elements" aims to activate data potential and strengthen the digital economy[33] - The "2022-2035 Domestic Demand Expansion Strategy Plan" accelerates transportation infrastructure construction and promotes urban-rural integration[33] - The "14th Five-Year Plan for New Urbanization" proposes to develop metropolitan areas with a 1-hour commuting circle and improve transportation connectivity[33] - The "2022 Intelligent Manufacturing Pilot Demonstration Action" aims to build demonstration factories and promote key technologies and solutions in intelligent manufacturing[33] Corporate Governance and Management - The company organized 25 online training sessions for directors, supervisors, and senior management in 2022 to enhance compliance and risk awareness[143] - The company implemented a three-year shareholder return plan (2022-2024) to improve decision-making and procedural integrity[143] - The company signed performance contracts with senior management to clarify assessment, incentives, and exit management, fostering innovation[143] - The company held its 2022 first extraordinary general meeting on March 16, 2022, approving one proposal related to daily connected transactions[145] - The 2021 annual general meeting on June 29, 2022, approved 17 proposals, including the 2021 financial report and 2022 budget[145] - The 2022 second extraordinary general meeting on September 26, 2022, approved two proposals, including amendments to the articles of association[147] - The company maintains complete independence in business, personnel, assets, organization, and finance from its controlling shareholder[144] - The company established a comprehensive organizational structure, ensuring independent operation of the board of directors and supervisory board[144] - The company has an independent financial accounting system and bank accounts, ensuring financial independence[144] - The company’s 2022 third extraordinary general meeting on December 22, 2022, approved three proposals, including board member elections[147] - Total compensation for directors and senior management in 2022 was RMB 8.98 million, with directors and senior executives receiving RMB 8.63 million and supervisors receiving RMB 0.35 million[154] - Independent non-executive directors received a total compensation of RMB 0.36 million in 2022, with no performance-related equity incentives[154] - Each director and supervisor received annual compensation below RMB 1.25 million in 2022[154] - The company held its third extraordinary general meeting in 2022, approving revisions to the shareholder meeting rules, related party transaction management system, and adjustments to the compensation policy for the 10th board of directors and supervisors[150] - The company ensures equal rights for all shareholders, including small and medium investors, by inviting lawyers and auditors to witness and supervise shareholder meetings[150] Key Personnel - Zhou Guixiang, born in 1971, holds a bachelor's degree in Electronic Precision Machinery from Xidian University and a master's degree in Industrial Engineering from Nanjing University of Aeronautics and Astronautics. He has extensive experience in enterprise management and currently serves as the General Manager and Deputy Party Secretary of Nanjing CEC Panda Information Industry Group Co., Ltd[155] - Xia Dechuan, born in 1970, holds a bachelor's degree in Electronic Equipment Structure from Xidian University and a master's degree in Business Administration from Southeast University. He has extensive experience in the management of the information technology industry and currently serves as the Deputy General Manager of Nanjing CEC Panda Information Industry Group Co., Ltd[155] - Hu Huichun, born in 1973, graduated from the Central Party School with a major in Economic Management and holds a postgraduate degree. He has extensive experience in the management of the electronic information industry and currently serves as the General Manager and Legal Representative of Nanjing Panda Electronics Co., Ltd[155] - Shen Jianlong, born in 1963, holds a bachelor's degree in Accounting from China Agricultural University and is a senior accountant. He has extensive experience in corporate financial management and currently serves as the Executive Supervisor of Panda Electronics Group Co., Ltd[156] - Deng Weiming, born in 1964, holds a bachelor's degree in Information Engineering from Huazhong Institute of Technology (now Huazhong University of Science and Technology) and a master's degree in Management Science and Engineering from Nanjing University of Aeronautics and Astronautics. He has extensive experience in the development and management of electronic technology and currently serves as the Deputy General Manager of Panda Electronics Group Co., Ltd[156] - Yi Guofu, born in 1970, holds a master's degree in Business Administration from Nanjing University and is a senior economist. He has extensive experience in human resource management and party affairs and currently serves as the Party Secretary of Nanjing Panda Electronics Co., Ltd[156] - Dai Keqin, born in 1958, holds an on-the-job postgraduate degree and is a senior economist and lawyer. He has extensive experience in legal and corporate governance and currently serves as an independent director for several companies[157] - Xiong Yanren, born in 1972, holds a Ph.D. in Accounting from Nanjing University and is an associate professor at the Business School of Nanjing University. She currently serves as an independent director and audit committee chair for several companies[157] - Zhu Weixun, born in 1974, is a certified public accountant in Australia and holds a master's degree in Finance from the University of New South Wales. He has extensive experience in auditing and financial management and currently serves as the Financial Vice President of Shenzhou Medical Technology Co., Ltd[157] R&D and Innovation - The company has 502 R&D personnel, accounting for 16% of total employees, with 133 holding master's degrees and 331 holding bachelor's degrees[66][67] - 45 R&D projects were filed in 2022, with 7 projects passing achievement appraisals and 1 project passing special fund acceptance[68]

证券代码：600775 证券简称：南京熊猫 公告编号：2023-009 南京熊猫电子股份有限公司 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： 南京熊猫电子股份有限公司（以下简称"公司"）已于 2023 年 3 月 31 日在 上海证券交易所网站发布公司 2022 年年度报告，为便于广大投资者更全面深入 地了解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 4 月 20 日下午 14:00-15:00 举行 2022 年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 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。 会议召开时间：2023 年 4 月 20 日（星期四）下午 14:00-15:00 会议召开地点：上海证券交易所上证路演中心（http://roadshow.sseinfo.com/） 会议召 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.5 billion CNY, representing a 20% year-over-year growth[20]. - The company's total revenue for 2022 was approximately ¥4.15 billion, a decrease of 8.33% compared to ¥4.53 billion in 2021[29]. - The net profit attributable to shareholders for 2022 was approximately ¥40.49 million, down 3.44% from ¥41.93 million in 2021[32]. - The basic earnings per share for 2022 was ¥0.0443, a decline of 3.44% from ¥0.0459 in 2021[29]. - The net cash flow from operating activities decreased by 27.79% to approximately ¥150.32 million in 2022 from ¥208.17 million in 2021[32]. - The company reported a net profit of approximately ¥36.31 million in Q4 2022, a significant recovery from losses in earlier quarters[30]. - The total assets at the end of 2022 were approximately ¥5.86 billion, a decrease of 3.22% from ¥6.06 billion in 2021[32]. - The company recorded a total of ¥29.35 million in non-recurring gains for 2022, compared to ¥30.04 million in 2021[43]. - In 2022, the company reported a revenue of ¥4,154,295,003.26, a decrease of 8.33% compared to ¥4,531,842,430.51 in the previous year[83]. - The company's operating costs decreased by 10.01%, amounting to ¥3,565,005,880.41, down from ¥3,961,438,873.89[83]. - The net cash flow from operating activities decreased by 27.79%, totaling ¥150,320,717.60 compared to ¥208,170,561.48 in the previous year[89]. - The company achieved an investment income of ¥88,715,322.29, an increase of 35.01% compared to ¥65,709,743.04 in the previous year[89]. - The company reported a net profit of RMB 11,246.82 million for 2022, reflecting a year-on-year decline of 16.11% due to reduced business orders[168]. - The company achieved a revenue of RMB 415,429.50 million in 2022, exceeding the target of RMB 400,000 million, but the total profit was RMB 10,068.58 million, below the target of RMB 12,000 million[178]. Market and Growth Strategy - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[20]. - Market expansion plans include entering three new international markets by the end of the fiscal year[20]. - The company is considering strategic acquisitions to enhance its market position, with a target of identifying at least two potential candidates[20]. - The company is focusing on the development of smart transportation, safe city solutions, and industrial internet platforms, leveraging technologies such as 5G, AI, and big data[156]. - The company plans to focus on three main business areas: smart transportation, safe cities, and industrial internet, aligning with national policies and the "14th Five-Year Plan"[181]. - The company aims to achieve a digitalization rate of 95% for transportation infrastructure in Jiangsu Province by 2035, with expectations of 60 cities operating metro systems and over 13,000 kilometers of operational mileage by 2025[154]. - The company is actively participating in the Jiangsu Province Drone Industry Alliance to enhance its market presence in smart city projects[45]. - The company is expanding its market presence in intercity rail and road transportation, creating new growth points for its business[68]. Research and Development - The company is investing heavily in R&D, with a budget allocation of 200 million CNY for new technology development[20]. - The company has significantly increased its R&D investment, with key projects approved under the national key R&D program for 2022[45]. - The company invested over 200 million RMB in R&D in 2022, representing more than 5% of its total revenue, and received multiple awards for its technological innovations[76]. - The company has 502 R&D personnel, accounting for 16% of the total workforce[122]. - The company is focusing on integrating R&D resources and collaborating with high-tech enterprises to drive digital transformation[132]. - The company has established a digital industry research institute to lead breakthroughs in key technologies such as artificial intelligence and blockchain[179]. - The company holds 671 valid patents, including 158 invention patents and 252 software copyrights, as of the end of 2022[81]. - The company’s effective registered trademarks reached 160, with a focus on expanding its patent pool in the rail transit intelligent technology field[81]. Operational Efficiency - The gross margin improved to 35%, up from 30% in the previous year, indicating better cost management[20]. - The company has implemented new strategies to enhance customer engagement, resulting in a 10% increase in customer retention rates[20]. - The company is focused on enhancing governance and operational efficiency as part of its strategic initiatives for growth[41]. - The company has integrated MES and SAP-ERP systems for efficient production management, ensuring product quality and reliability through a fully automated tracking system[73]. - The company aims to enhance its smart manufacturing capabilities by providing comprehensive "smart factory" solutions, achieving approximately 30% improvement in production efficiency through automation technologies[80]. - The company is actively pursuing digital transformation and market-oriented reforms to strengthen its core competitiveness and service capabilities[66]. - The company is committed to achieving "dual carbon" goals by developing green electronic manufacturing services and implementing green supply chain management[75]. Industry Trends - The electronic information manufacturing industry in China saw a 7.6% year-on-year increase in added value, while the operating revenue for the industry grew by 5.5%[46]. - The fixed asset investment in the electronic information manufacturing sector grew by 18.8% year-on-year, indicating strong industry momentum[46]. - The industry value-added growth rate is expected to maintain between 5%-10% in 2023, driven by technological innovation and policy support in the electronic information sector[170]. Product and Service Development - New product launches are expected to contribute an additional 300 million CNY in revenue in the upcoming quarter[20]. - The company has established a comprehensive solution for metro systems, including AFC terminal equipment manufacturing, AFC systems, ACC systems, and internet ticketing systems, making it one of the few providers in China[147]. - The company achieved nearly RMB 600 million in sales revenue from LCD T-con boards, expanding into white goods and automotive electronics[45]. - The company exported VR products with annual sales exceeding RMB 100 million, contributing to the development of a "hardware + content" ecosystem[45]. - The company plans to continue expanding its digital city-related business and market presence in smart factories and automotive electronics[82]. Financial Adjustments and Challenges - The company provided rent reductions totaling ¥13.97 million to small and micro enterprises in 2022, impacting net profit[29]. - Surface mounting production decreased by 45.22% year-on-year, with sales down by 45.97%[99]. - Smart traffic equipment production increased by 81.10% year-on-year, with sales up by 90.71%[99]. - Information network equipment production decreased by 20.16% year-on-year, with sales down by 22.52%[99]. - Sales expenses decreased by 8.21% due to a reduction in advertising and exhibition costs[120]. - R&D expenses decreased by 0.94%, primarily due to a reduction in R&D materials[120]. - The communication technology subsidiary's net profit increased by 14.83% to 1,552.00 million yuan[141]. - The electronic manufacturing subsidiary reported a net profit of 2,653.43 million yuan, down 40.85% from the previous year[141].

Financial Performance - Total operating revenue for the year was RMB 4,154,295,003.26, a decrease of 8.3% from RMB 4,531,842,430.51 in the previous year[83]. - Operating revenue fell by 8.33% to CNY 4,154,295,003.26 in 2022 compared to CNY 4,531,842,430.51 in 2021[21]. - Net profit for the year was RMB 81,377,437.26, slightly up from RMB 80,132,687.41, representing a growth of 1.6%[84]. - Net profit attributable to shareholders increased slightly by 0.76% to CNY 3,554,025,351.32 in 2022 from CNY 3,527,207,782.36 in 2021[21]. - Basic earnings per share decreased by 3.44% to CNY 0.0443 in 2022 from CNY 0.0459 in 2021[21]. - The company reported a total comprehensive income of RMB 80,502,984.00, compared to RMB 79,740,380.73 in the previous year, indicating a growth of 1.0%[86]. - The company’s profit before tax is 100,685,752.10, with an income tax expense calculated at 25,171,438.03 based on applicable tax rates[146]. - The company reported a total investment income of 88,715,322.29, an increase of 35.0% from 65,709,743.04 in the previous period[144]. Industry Overview - In 2022, the electronic information manufacturing industry in China saw a value-added growth of 7.6%, with total operating revenue reaching RMB 15.4 trillion, an increase of 5.5% year-on-year[5]. - The operating cost for the electronic information manufacturing industry was RMB 13.4 trillion, reflecting a year-on-year increase of 6.2%[5]. - The operating profit margin for the electronic information manufacturing industry was 4.8% in 2022, maintaining a stable trend throughout the year[5]. - The overall growth potential in the electronic manufacturing sector remains significant, driven by technological innovations and market opportunities[6]. Strategic Focus and Business Segments - The company focuses on three main businesses: smart transportation and safe city, industrial internet and smart manufacturing, and green service-oriented electronic manufacturing[15]. - The company is positioned in the computer, communication, and other electronic equipment manufacturing industry, which is expected to benefit from the ongoing digital transformation and smart manufacturing trends[6]. - The company aims to develop smart transportation and safe city solutions by leveraging big data, cloud computing, IoT, 5G, and artificial intelligence technologies[15]. - The company is focusing on expanding its market in smart factories, white goods, and automotive electronics[32]. Research and Development - Total R&D expenditure amounted to RMB 211,041,452.05, representing 5.08% of operating revenue[42]. - The number of R&D personnel is 502, making up 16% of the total workforce[42]. - The company has established strategic cooperation agreements with China Unicom to promote market collaborative development in 5G integration[47]. - The company has integrated R&D resources with 6 high-tech enterprises and 9 provincial-level research platforms, focusing on key core technologies and independent core software product iterations[48]. Cash Flow and Liquidity - Cash flow from operating activities decreased by 27.79% to CNY 150,320,717.60 in 2022 compared to CNY 208,170,561.48 in 2021[21]. - The net cash flow from operating activities was approximately ¥150.32 million, down 27.79% from ¥208.17 million in the previous year[33]. - Cash received from operating activities decreased to 111,729,929.97 RMB from 129,646,592.11 RMB, reflecting a decline of approximately 14%[95]. - The cash and cash equivalents at the end of the period increased to approximately RMB 954.54 million from RMB 848.23 million in the previous period, indicating improved liquidity[94]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of RMB 0.14 per 10 shares, totaling RMB 12,793,739.41, based on a total share capital of 913,838,529 shares as of December 31, 2022[2]. - The proposed profit distribution plan for 2022 includes a cash dividend of RMB 0.14 per share, totaling RMB 12,793,739.41, with the remaining profit carried forward to the next year[60]. Financial Position - Total assets decreased by 3.22% to CNY 5,863,034,744.88 in 2022 from CNY 6,057,982,752.18 in 2021[21]. - The company's total assets as of December 31, 2022, were RMB 5,863.03 million, down from RMB 6,057.98 million the previous year[72]. - As of December 31, 2022, the company's consolidated asset-liability ratio was 35.01%, with current liabilities amounting to RMB 1,987.83 million[66]. - Total liabilities decreased from CNY 2,255,621,482.90 to CNY 2,052,720,609.40, a reduction of about 9.0%[74]. Market Challenges and Opportunities - The company faced a slight decline in revenue due to a decrease in orders for green service-type electronic manufacturing[34]. - The company maintained a stable profit margin despite challenges such as local industrial power restrictions and rising prices of certain components and raw materials[32]. - The company anticipates challenges in collecting certain receivables, with several accounts provisioned at 100% due to expected non-recovery[118]. Corporate Governance and Compliance - The company has adhered to the corporate governance code and standards as per the Hong Kong Stock Exchange regulations[68]. - The company has established an audit committee that reviewed the financial reports for the first half of 2022 and the audited annual financial report[69].

Financial Performance - The company's operating revenue for Q3 2022 was ¥916,499,965.55, a decrease of 21.40% compared to the same period last year[4] - The net profit attributable to shareholders was -¥7,824,089.09, while the net profit excluding non-recurring gains and losses was -¥11,268,921.18[4] - Total operating revenue for Q3 2022 was approximately $2.95 billion, a decrease of 11.5% compared to $3.34 billion in Q3 2021[30] - Net profit for Q3 2022 was approximately $28.34 million, a decrease of 14.3% from $33.22 million in Q3 2021[32] - Total comprehensive income for the period was CNY 28,155,010.82, compared to CNY 33,615,530.57 in the previous period, reflecting a decrease of approximately 16.5%[35] - Net profit for the first three quarters of 2022 reached CNY 91,323,930.62, compared to CNY 60,971,567.22 in the previous year, indicating a significant increase of approximately 49.8%[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,849,079,494.03, a decrease of 3.45% from the end of the previous year[8] - The company’s equity attributable to shareholders decreased by 0.25% to ¥3,518,405,297.73 compared to the end of the previous year[8] - The company’s long-term equity investments decreased to RMB 682,491,796.06 from RMB 702,575,641.90, a decline of approximately 2.65%[22] - Total assets decreased from approximately $6.06 billion to $5.85 billion, indicating a contraction in the asset base[27] - The company’s total liabilities decreased from approximately $2.26 billion to $2.09 billion, reflecting a reduction in financial obligations[27] - Total liabilities as of the latest report were CNY 329,134,929.84, an increase from CNY 297,100,795.94 in the previous period, showing a rise of approximately 10.8%[52] Cash Flow - The cash flow from operating activities for the year-to-date was ¥45,301,133.87, an increase of 240.26% compared to the same period last year[4] - Cash flow from operating activities generated a net amount of CNY 45,301,133.87, a significant increase from CNY 13,313,662.62 in the previous period[39] - The net cash flow from operating activities was -$12.16 million, an improvement from -$26.04 million in the previous period, indicating a reduction in cash outflow[58] - Cash received from operating activities totaled $342.93 million, compared to $175.37 million previously, reflecting a strong increase of approximately 95.5%[58] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,365, with the largest shareholder holding 26.85% of the shares[13] - The largest shareholder, Hong Kong Central Clearing (Agent), held 245,389,879 shares, representing 26.85% of the total issued share capital[18] - Panda Group, the controlling shareholder, pledged 105,091,430 shares, which is 49.89% of its holdings and 11.50% of the total share capital[18] - The company has not reported any share reductions by China Huarong during the reporting period, maintaining its stake in the company[19] - The company is actively monitoring shareholder relationships and potential actions among major shareholders, particularly regarding share pledges and holdings[18] Costs and Expenses - Total operating costs for Q3 2022 were approximately $2.96 billion, down from $3.32 billion in Q3 2021, reflecting a cost reduction strategy[30] - Research and development expenses increased to approximately $168.41 million from $152.62 million year-over-year, indicating a focus on innovation[30] - Research and development expenses for the first three quarters of 2022 amounted to CNY 21,603,527.03, up from CNY 14,616,753.09 in 2021, reflecting a growth of about 47.6%[52] - The company’s financial expenses for the first three quarters of 2022 were reported at -CNY 7,793,044.08, compared to -CNY 6,172,614.88 in the same period of 2021[52] Investment and Income - The company reported a significant increase in government subsidies recognized, with other income rising by 89.76%[12] - The company reported a 36.56% increase in investment income from joint ventures during the reporting period[12] - The company’s investment income for the first three quarters of 2022 was CNY 142,951,184.35, an increase from CNY 118,276,679.76 in the previous year, representing a growth of approximately 20.9%[52] - Cash received from investment income was $162.95 million, an increase from $147.13 million, showing a growth of approximately 10.5%[58] Inventory and Receivables - Accounts receivable decreased to RMB 1,051,380,236.06 from RMB 1,150,920,743.65, reflecting a decline of approximately 8.66%[22] - Inventory levels decreased to RMB 851,038,244.53 from RMB 975,417,660.38, indicating a reduction of about 12.74%[22] - The company reported a decrease in cash received from sales of goods and services to CNY 3,260,477,428.81 from CNY 3,617,829,411.46, a decline of approximately 9.9%[39]