公司代码：600990 公司简称：四创电子 四创电子股份有限公司 2021 年第一季度报告 1 / 18 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 7 | 2021 年第一季度报告 2021 年第一季度报告 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增减(%) 总资产 7,348,540,808.48 7,909,698,102.08 -7.09 归属于上市公司股东的净资产 2,521,652,873.30 2,568,867,072.37 -1.84 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的现金流量净额 -715,317,438.41 -403,189,777.09 不适用 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 193,345,430.86 149,530,752.67 29.30 归属于上市公司股东的净利润 -47,214,199.06 -61,226,508.83 不适用 归属于上市公司股东的扣除非 经常性损益 ...

Financial Performance - The company's operating revenue for 2020 was approximately CNY 3.94 billion, representing a year-on-year increase of 7.39% compared to CNY 3.67 billion in 2019[21]. - The net profit attributable to shareholders for 2020 was CNY 170.26 million, a significant increase of 53.29% from CNY 111.07 million in 2019[21]. - The net profit after deducting non-recurring gains and losses was CNY 111.39 million, up 64.90% from CNY 67.55 million in the previous year[21]. - The basic earnings per share for 2020 was CNY 1.07, a 52.86% increase from CNY 0.70 in 2019[23]. - The weighted average return on equity for 2020 was 6.84%, an increase of 2.27 percentage points from 4.57% in 2019[23]. - The company achieved a total operating revenue of CNY 3,942,261,981.69, representing a year-on-year increase of 7.39%[57]. - Operating costs rose to CNY 3,271,878,457.79, an increase of 9.20% compared to the previous year, primarily due to the increase in revenue[60]. - The net profit attributable to shareholders was CNY 17,025,890, reflecting the company's profitability during the reporting period[57]. - The company reported a significant increase of 160.81% in tax refunds received, totaling ¥7,134,491.67, primarily due to VAT refunds from a subsidiary[69]. - The total comprehensive income for the year was CNY 174,346,813.96, up from CNY 115,585,280.73 in 2019, marking a 50.8% increase[198]. Dividend Policy - The company's cash dividend distribution plan proposes a cash dividend of CNY 3.3 per 10 shares, totaling approximately CNY 52.53 million, which accounts for 30.85% of the net profit attributable to shareholders[5]. - The company distributed cash dividends amounting to 52,529,106.30 RMB in 2020, representing 30.85% of the net profit attributable to ordinary shareholders[105]. - In 2019, the cash dividend distributed was 11,142,537.70 RMB, which accounted for 10.03% of the net profit attributable to ordinary shareholders[105]. - The cash dividend for 2018 was 27,060,448.70 RMB, making up 10.52% of the net profit attributable to ordinary shareholders[105]. - The company has a policy to distribute at least 30% of the average distributable profit over the last three years in cash dividends if profit distribution conditions are met[102]. - The board of directors is responsible for proposing the annual profit distribution plan, which must be approved by the shareholders' meeting[103]. Assets and Liabilities - The total assets of the company at the end of 2020 were approximately CNY 7.91 billion, reflecting a 10.95% increase from CNY 7.13 billion at the end of 2019[21]. - The company's net assets attributable to shareholders increased by 3.84% to approximately CNY 2.57 billion at the end of 2020, compared to CNY 2.47 billion at the end of 2019[21]. - Total current assets increased to CNY 5,427,367,975.57 in 2020, up from CNY 4,511,218,563.13 in 2019, representing a growth of approximately 20.3%[186]. - Accounts receivable rose to CNY 2,043,149,060.99 in 2020, compared to CNY 1,436,356,756.55 in 2019, marking an increase of about 42.2%[185]. - Total liabilities increased to CNY 5,315,011,858.53 in 2020, up from CNY 4,631,648,358.00 in 2019, reflecting a growth of approximately 14.8%[187]. - Long-term borrowings increased significantly to CNY 791,176,189.46 in 2020 from CNY 400,614,402.49 in 2019, indicating a growth of approximately 97.4%[187]. Research and Development - The company is committed to increasing its R&D investment in smart industry products to enhance its core competitiveness and industry standing[33]. - Research and development expenses decreased by 33.35% to CNY 79,387,431.17, indicating a shift in focus or efficiency improvements[59]. - The company employed 1,278 R&D personnel, representing 38.46% of the total workforce, highlighting a strong focus on innovation[67]. - The company has made significant advancements in technology, including breakthroughs in key technologies such as low sidelobe and low cross-polarization phased array antennas[44]. - Key technological advancements include research on phased array dual-polarization antenna design and high-efficiency GaN transmitters, with a focus on integrating big data and AI technologies[93]. Market Expansion and Strategy - The company is actively expanding in the radar industry, focusing on meteorological radar and air traffic control radar, aiming to become a leading supplier in the domestic aviation radar market[31]. - The company is enhancing its core capabilities in microwave components and systems, aiming to improve profitability in security and emergency response sectors[90]. - The company is exploring internationalization and strategic partnerships to strengthen its competitive position in the radar and smart city markets[88]. - The company aims to achieve breakthroughs in the meteorological market by advancing smart meteorological business systems and promoting projects from the 13th and 14th Five-Year Plans[91]. - The company is focused on enhancing supplier management and establishing long-term relationships with key suppliers to improve competitive advantages[94]. Environmental Compliance - The company has established a comprehensive environmental management system and passed the ISO14001 certification, ensuring compliance with environmental protection requirements[125]. - The company has implemented online monitoring for wastewater discharge, with no instances of exceeding discharge limits reported during the reporting period[124]. - All new construction projects have complied with environmental impact assessment requirements and have undergone necessary evaluations[126]. - The company has established a comprehensive monitoring system for wastewater pollutants, with monthly monitoring for key parameters[132]. - Environmental compliance is strictly adhered to, with all pollutants being disposed of in a reasonable and compliant manner[131]. Governance and Management - The company has a diverse management team with extensive experience in various engineering and financial roles[150]. - The governance structure is compliant with relevant laws and regulations, ensuring effective checks and balances within the organization[163]. - The company has established leadership roles in multiple subsidiaries and research institutions, indicating a strong governance structure[155]. - The total pre-tax compensation for the board members and senior management amounted to 613.61 million CNY for the reporting period[149]. - The company has maintained a stable management structure with no resignations reported during the period[149].

公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2020 年第三季度报告 1 / 25 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 8 | 2020 年第三季度报告 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。 2020 年第三季度报告 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人陈信平、主管会计工作负责人韩耀庆及会计机构负责人（会计主管人员）潘洁保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | | 上年度末 | | 本报告期末比上年 | | | --- | --- | --- | --- | --- | --- | --- | | | | | | | 度末增 ...

安徽四创电子股份有限公司 2020 年半年度报告 2020 年半年度报告 公司代码：600990 公司简称：四创电子 1 / 151 2020 年半年度报告 重要提示 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 2020 年半年度报告 第一节 释义 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司存在的风险因素主要有政策风险、财务风险、市场风险、运营风险等，有关风险因素内 容已在本报告中第四节"经营情况讨论与分析"中关于"可能面对的风险"部分予以了详细描述， 敬请查阅相关内容。 十、 其他 □适用 √不适用 2 / 151 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 ...

Financial Performance - Operating revenue fell by 50.02% to CNY 149,530,752.67 year-on-year[10] - Net profit attributable to shareholders was a loss of CNY 61,226,508.83, compared to a loss of CNY 57,759,029.86 in the same period last year[10] - Operating profit for Q1 2020 was -¥61,203,519.46, compared to -¥55,848,591.35 in Q1 2019, indicating a worsening performance[23] - Net profit for Q1 2020 was -¥61,180,807.14, compared to -¥57,088,200.23 in Q1 2019, reflecting a decline of 5.1%[24] - The company reported a total comprehensive loss of -¥23,108,272.25 in Q1 2020, compared to -¥36,098,112.69 in Q1 2019, reflecting a significant reduction in overall losses[29] Assets and Liabilities - Total assets decreased by 6.35% to CNY 6,676,881,470.95 compared to the end of the previous year[6] - Total liabilities decreased to ¥4,240,359,506.55, down 8.43% from ¥4,631,648,358.00[17] - Current assets totaled ¥4,070,006,839.34, down 9.76% from ¥4,511,218,563.13 at the end of 2019[15] - Total liabilities as of Q1 2020 were ¥3,287,351,473.59, a decrease from ¥3,421,728,633.31 in the previous year[23] - Total current liabilities were reported at ¥2,824,539,416.58, with short-term borrowings of ¥760,389,244.57[42] Cash Flow - Cash flow from operating activities showed an improvement, with a net outflow of CNY 403,189,777.09, compared to a net outflow of CNY 532,147,072.06 last year[10] - Operating cash flow for Q1 2020 was -¥403,189,777.09, compared to -¥532,147,072.06 in Q1 2019, showing a 24.2% improvement in cash flow losses[30] - The total cash outflow from operating activities in Q1 2020 was ¥685,958,367.08, down from ¥1,184,223,245.28 in Q1 2019, indicating improved cash management[30] - Cash flow from investing activities showed a net inflow of 2,322,607.85 RMB, contrasting with a net outflow of 11,847,034.71 RMB in the previous year[34] - Cash flow from financing activities resulted in a net inflow of 9,303,494.01 RMB, compared to a net outflow of 163,658,936.62 RMB in the same quarter last year[34] Shareholder Information - The number of shareholders reached 17,853 at the end of the reporting period[9] - The largest shareholder, China Electronics Corporation, holds 45.67% of the shares[9] Equity - The total equity attributable to shareholders decreased to ¥2,412,527,286.80 from ¥2,473,753,795.63, a decline of 2.47%[17] - Total equity as of Q1 2020 was ¥1,824,125,165.42, down from ¥1,847,233,437.67 in Q1 2019[23] Inventory and Prepayments - Inventory increased to ¥1,428,493,600.98, reflecting a rise of 17.91% compared to ¥1,211,565,902.59 in the previous period[15] - Prepayments increased by 168.63% to CNY 107,200,227.03, primarily due to payments made by a subsidiary for project suppliers[10] Borrowings - Short-term borrowings were reported at ¥1,047,392,530.29, a reduction of 17.60% from ¥1,271,103,836.24[16] - The company raised ¥150,000,000.00 through borrowings in Q1 2020, compared to ¥50,000,000.00 in Q1 2019, highlighting increased reliance on debt financing[31] Research and Development - Research and development expenses for Q1 2020 were ¥6,429,661.89, a decrease of 26.1% from ¥8,696,728.53 in Q1 2019[23]

Financial Performance - The company's operating revenue for 2019 was CNY 3,670,966,927.91, a decrease of 30.03% compared to CNY 5,246,385,610.71 in 2018[20] - The net profit attributable to shareholders was CNY 111,066,426.63, down 56.83% from CNY 257,296,735.61 in the previous year[20] - The basic earnings per share for 2019 was CNY 0.70, a decline of 56.79% from CNY 1.62 in 2018[21] - The company's total assets at the end of 2019 were CNY 7,129,351,129.54, a decrease of 4.27% from CNY 7,447,456,206.02 in 2018[20] - The cash flow from operating activities was CNY 75,933,316.65, down 42.64% from CNY 132,372,324.68 in 2018[20] - The weighted average return on equity decreased to 4.57% in 2019 from 11.33% in 2018, a reduction of 6.76 percentage points[21] - The net profit attributable to shareholders decreased, primarily due to the absence of non-recurring gains from the previous year, which included approximately RMB 54 million from the disposal of assets[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased, mainly due to reduced revenue from public safety and energy system businesses, alongside increased fixed costs from new industrial park investments[22] - The net cash flow from operating activities decreased compared to the previous year, primarily due to cash outflows from the public safety business exceeding inflows[22] - The company reported a significant decrease in non-recurring gains, with a total of RMB 43.52 million in 2019 compared to RMB 67.47 million in 2018[25] Shareholder Information - The company plans to distribute a cash dividend of CNY 0.7 per 10 shares, totaling CNY 11,142,537.70 based on a total share capital of 159,179,110 shares[5] - The company has a cash dividend policy that prioritizes cash distributions, with a minimum of 80% for mature stages without major expenditures[92] - The company plans to maintain a minimum cash dividend of 30% of the average distributable profit over the last three years, contingent on meeting specific profit distribution conditions[92] - In 2019, the company distributed no stock dividends and paid a cash dividend of 0.7 RMB per 10 shares, representing 10.03% of the net profit attributable to shareholders[95] - The company has not repurchased shares as part of cash dividends during the reporting period[96] Business Strategy and Development - The company is focusing on expanding its radar industry, particularly in meteorological radar and air traffic control radar, aiming to enter international markets[28] - The company plans to enhance its product line in the radar sector, including new generation warning radars and coastal radar systems, while also improving comprehensive support services[28] - The company aims to transition from being a "meteorological radar equipment supplier" to a "meteorological detection system supplier" by integrating various sensing technologies[28] - The company is actively pursuing market expansion in the energy sector, focusing on new power module development and digital power control technologies[48] - The company is focusing on major industry clients and expanding its market presence in traditional fields, including meteorological radar and emergency management systems[82] Research and Development - The company continued to invest in R&D, with R&D expenses amounting to CNY 119,114,339.85, a slight decrease of 1.90% year-on-year[56] - The total R&D investment amounted to CNY 175,866,379.37, representing 4.79% of the operating revenue, with 1,297 R&D personnel accounting for 36.43% of the total workforce[66] - The company has a total of 581 effective patents, with 117 being invention patents, indicating a strong focus on innovation[50] - The company is developing microwave components and systems, emphasizing core technology research and enhancing product autonomy[30] - The company is advancing the R&D of key products such as X-band solid-state dual-polarization Doppler weather radar and C-band phased array weather radar, enhancing product market value[84] Market Conditions and Risks - The radar industry faces high market concentration and increasing competition, particularly in meteorological and air traffic control sectors, with domestic manufacturers competing aggressively[75] - The company faces financial risks related to delayed payments from clients in meteorology and public safety sectors, impacting cash flow management[88] - The company is exposed to market risks due to intense competition in the radar and smart industries, which may affect its overall profit margins[88] Compliance and Governance - The company is committed to timely information disclosure regarding transactions and ensuring the accuracy of provided information to avoid misleading statements[96] - The company has not faced any administrative penalties or criminal sanctions in the past three years, ensuring compliance with regulatory standards[97] - The company has established a governance structure that complies with relevant laws and regulations, ensuring effective operation and information disclosure[161] - There were no penalties from securities regulatory agencies in the past three years, indicating a clean compliance record[155] Environmental Responsibility - The company has established a comprehensive environmental management system and has passed ISO14001 certification, ensuring effective monitoring and management of environmental protection efforts[117] - The COD emission concentration is 38.89 mg/L, well below the limit of 350 mg/L, with a total discharge of 6.06 tons, and no exceedance reported[115] - Total nitrogen emission concentration is 3.27 mg/L, with a total discharge of 0.51 tons, also within the permissible limits[115] - All new construction projects have complied with environmental impact assessment requirements, and the company obtained its wastewater discharge permit in November 2019[118] - The company has not experienced any environmental pollution incidents during the reporting period, maintaining a stable production process[119] Human Resources - The company has a well-established talent development system, focusing on attracting and nurturing high-level talent to strengthen its workforce[41] - The total number of employees in the parent company and major subsidiaries is 3,560, with 1,747 in the parent company and 1,813 in subsidiaries[156] - The company has implemented a performance-oriented salary policy, maintaining a "five-element" salary system to enhance employee motivation[157] - A total of 21 training sessions were conducted under the "Four Innovation Academy" to improve core talent capabilities[158] Financial Position - The company reported a total of ¥1,249,464,000.15 in undistributed profits for 2019, compared to ¥1,165,458,022.22 in 2018, reflecting an increase of about 7.2%[188] - Total assets decreased from ¥7,447,456,206.02 in 2018 to ¥7,129,351,129.54 in 2019, a decline of approximately 4.3%[187] - Total liabilities decreased from ¥5,036,060,766.37 in 2018 to ¥4,631,648,358.00 in 2019, a decrease of approximately 8.0%[188] - Shareholders' equity increased from ¥2,411,395,439.65 in 2018 to ¥2,497,702,771.54 in 2019, an increase of about 3.6%[188]

2019 年第三季度报告 1 / 23 | 目录 | | --- | 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2019 年第三季度报告 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2019 年第三季度报告 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。 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度 末增减(%) 总资产 7,154,034,178.39 7,447,456,206.02 -3.94 归属于上市公司股东的净资产 2,290,321,802.13 2,389,747,817.70 -4.16 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的现金流量净额 -570,697,091.29 ...

二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 2019 年半年度报告 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2019 年半年度报告 1 / 136 2019 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 四、 公司负责人陈信平、主管会计工作负责人韩耀庆及会计机构负责人（会计主管人员）潘洁声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司存在的风险因素主要有政策风险、财务风险、市场风险、运营风险等，有关风险因素内 容已在本报告中第四节"经营情况的讨论与分析"中关于"可能面对 ...

2019 年第一季度报告 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2019 年第一季度报告 1 / 18 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 7 | 2019 年第一季度报告 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 公司负责人陈信平、主管会计工作负责人韩耀庆及会计机构负责人（会计主管人员）潘洁保 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 非经常性损益项目和金额 √适用 □不适用 | | | 单位：元 币种：人民币 | | --- | --- | --- | | 项目 | 本期金额 | 说明 | | 计入当期损益的政府补助，但与公司正常经营业务密切相关，符合国家 | 6,149,340.17 | | | 政 ...

Financial Performance - The company's operating revenue for 2018 was CNY 5,246,385,610.71, representing a 3.75% increase compared to CNY 5,056,842,611.89 in 2017[20] - The net profit attributable to shareholders for 2018 was CNY 257,296,735.61, an increase of 27.82% from CNY 201,303,001.95 in 2017[20] - The net cash flow from operating activities increased significantly to CNY 132,372,324.68, a 465.86% rise from CNY 23,392,928.75 in the previous year[20] - The total assets of the company at the end of 2018 were CNY 7,447,456,206.02, reflecting a 15.44% increase from CNY 6,451,603,662.60 in 2017[20] - The basic earnings per share for 2018 were CNY 1.62, up 26.56% from CNY 1.28 in 2017[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 189,827,397.39, a decrease of 13.19% from CNY 218,682,112.56 in 2017[20] - The company reported a decrease in the weighted average return on net assets after deducting non-recurring gains and losses, which was 8.36%, down 4.58 percentage points from 12.94% in 2017[21] - The company achieved significant breakthroughs in the meteorological radar industry, including the successful development of a multi-source data integration meteorological application demonstration platform and the successful operation of an artificial rainfall system[42] - The company reported a net profit attributable to ordinary shareholders of RMB 257,296,735.61 for the year 2018, with a cash dividend payout ratio of 10.52%[89] Research and Development - Research and development expenses increased by 36.19% to CNY 121,418,080.42, indicating a strong focus on innovation[53] - The company has accumulated 93 invention patents and was selected as one of the fourth batch of intellectual property advantage enterprises in Anhui Province, laying a foundation for further applications for provincial and national demonstration enterprises[35] - The company launched the "Net Eye Series Radar" and "Deep Learning-based Image Processing" as pilot projects to enhance R&D personnel motivation[47] - The company is investing 50 million in R&D for new technologies aimed at enhancing user experience[132] - The company has invested in research and development, with a focus on innovative solutions in the electronic technology sector[135] Market Expansion and Strategy - The growth in operating revenue was primarily driven by steady growth in radar and radar-related businesses, as well as rapid increases in revenue from grain storage information technology renovations[22] - The company is actively expanding its market presence in the smart city and intelligent transportation sectors, leveraging strong customer relationships[30] - The company aims to deepen its strategic transformation towards becoming a system supplier in the military-civilian integrated radar industry, focusing on new product development and comprehensive detection systems[74] - The company plans to expand its smart city business nationwide, targeting key regions and promoting traffic big data platforms and regulatory systems in the transportation industry[76] - The company is actively advancing product development and increasing market share in the military-civilian integration radar sector, responding to the "quality improvement and efficiency enhancement" requirements[77] Financial Management and Risks - The company has a cash dividend policy that prioritizes cash distributions, with a minimum of 80% of profits distributed in mature stages without major capital expenditures[84] - Financial risks include potential cash flow pressures due to delayed payments from clients in military and public sectors, making accounts receivable management critical[81] - The company faces policy risks related to government procurement budgets, which could significantly impact operational performance[81] - The company is actively optimizing its capital allocation through a newly established financial management platform[47] Corporate Governance and Compliance - The company has committed to providing accurate and complete information regarding its transactions and will bear legal responsibility for any misleading statements[90] - The company has not faced any administrative or criminal penalties in the last three years, ensuring compliance with legal regulations[90] - The company has established a governance structure that ensures clear responsibilities and effective checks and balances[146] - The company has not faced any penalties from securities regulatory agencies in the past three years[140] Environmental Management - The company has established a comprehensive environmental management system and has obtained ISO 14001 certification[107] - The company conducts annual soil pollution risk assessments and has established a remediation plan for identified issues[113] - The company has implemented a self-monitoring plan, with third-party monitoring of key indicators such as pH, NH3-N, and COD[112] - The company reported no exceedance of pollutant discharge limits, with total COD emissions at 3.19 tons against a limit of 15.72 tons[106] Shareholder Information - The total number of ordinary shareholders increased from 16,159 to 17,532 during the reporting period[120] - The largest shareholder, China Electronics Technology Group Corporation No. 38 Research Institute, holds 72,700,012 shares, representing 45.67% of total shares[122] - The company has a total of 18,248,056 restricted shares that will become tradable in May 2020, subject to specific conditions[124] - The controlling shareholder is China Electronics Technology Group Corporation, which was established on October 5, 1965, and primarily engages in defense and electronic systems[125] Employee and Management Structure - The total number of employees in the parent company and major subsidiaries is 3,598, with 1,747 in the parent company and 1,851 in subsidiaries[141] - The company has established a performance-oriented compensation system, focusing on linking salary to performance and job responsibilities[142] - The total remuneration for directors, supervisors, and senior management in the reporting period amounted to 6.342 million yuan (pre-tax)[140] - The company has conducted seven board meetings in the year, with all directors participating[147]