Financial Performance - The company's operating revenue for 2019 was RMB 1,174,623,899.09, representing a 115.09% increase compared to RMB 546,120,108.35 in 2018[20] - The net profit attributable to shareholders for 2019 was RMB 252,370,195.33, a 103.67% increase from RMB 123,911,671.02 in the previous year[20] - The net profit after deducting non-recurring gains and losses was RMB 239,832,135.52, up 113.33% from RMB 112,422,366.22 in 2018[20] - The company's operating revenue increased by 628.5 million yuan, a growth rate of 115.09%, primarily due to the demand surge for related products following the removal of highway toll booths and the promotion of ETC construction[21] - Net profit attributable to shareholders of the listed company grew by 128.46 million yuan, an increase of 103.67%, driven by the rise in operating revenue and gross profit[21] - The basic and diluted earnings per share increased by 66.39% to 1.98 yuan per share, reflecting the company's net profit growth in 2019[21] - The company's operating revenue reached 117,462.39 million RMB, a 115.09% increase compared to the previous year[61] - The company achieved a revenue of 1.175 billion yuan in 2019, representing a year-on-year growth of 115.09%[51] - The company reported a net profit margin of 12%, up from 10% in the previous year, reflecting improved operational efficiency[161] Cash Flow and Assets - The net cash flow from operating activities decreased by 70.20% to RMB 25,150,024.24 from RMB 84,395,327.20 in 2018[20] - The total assets at the end of 2019 were RMB 1,598,300,829.50, a 197.66% increase from RMB 536,962,834.82 at the end of 2018[20] - The net cash flow from operating activities decreased by 59.25 million yuan, a decline of 70.20%, mainly due to increased procurement and inventory in response to market demand[21] - The company's cash and cash equivalents increased by CNY 60,307.65 million due to new share issuance during the year[41] - The accounts receivable rose by CNY 17,914.03 million, reflecting increased sales revenue[41] - The company's total assets include CNY 64,343.15 million in overseas assets, accounting for 40.26% of total assets[42] - The company's cash and cash equivalents reached ¥842,766,691.27 in 2019, compared to ¥163,722,662.05 in 2018, marking an increase of about 415%[199] - Accounts receivable rose to ¥311,462,931.83 in 2019, up from ¥132,322,576.57 in 2018, reflecting a growth of approximately 135%[199] - Inventory increased significantly to ¥351,147,465.71 in 2019, compared to ¥161,632,058.17 in 2018, indicating a growth of around 117%[200] Shareholder and Dividend Information - The company plans to distribute a cash dividend of RMB 0.37 per share (including tax) for the 2019 fiscal year[5] - The company achieved a net profit of 123.91 million RMB in 2018 and plans to distribute a cash dividend of 2 RMB per 10 shares, totaling 27.74 million RMB[96] - In 2019, the company reported a net profit of 252.37 million RMB and proposed a cash dividend of 3.7 RMB per 10 shares, amounting to 51.32 million RMB[99] - The company has established a profit distribution system to enhance investor returns, detailing the decision-making process for profit distribution in the articles of association[103] Research and Development - R&D expenses amounted to 99.05 million yuan, reflecting a 27.50% increase from the previous year, emphasizing the company's commitment to innovation[53] - The company has established a training system in place to develop professional R&D and management talents to meet future growth needs[171] - The company plans to enhance its competitive advantage in wireless data transmission and audio chip products over the next three years[86] - The company is focusing on developing smart terminal chips and satellite positioning products, which are expected to have significant market potential due to emerging industries[87] Market and Competitive Position - The company has established a leading position in the domestic ETC chip market with its BK5823 chip, which complies with national standards[47] - The company has maintained a strong market presence in wireless communication chips, including 5.8G and Wi-Fi products, contributing to its competitive advantage[46] - The integrated circuit industry in China is projected to reach a sales scale of CNY 9,300 million by 2020, driven by strong market demand[36] - The company anticipates continued sales revenue growth, leveraging its competitive advantages in the integrated circuit industry[39] Governance and Compliance - The company has implemented a comprehensive internal control system to ensure product quality and customer service standards are met[57] - The company has maintained a stable relationship with its accounting firm, with an audit fee of 650,000 RMB for the current period[116] - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating compliance with regulations[168] - The audit report concluded that the financial statements fairly reflect the company's financial position and operating results for 2019[187] Strategic Initiatives - The company plans to leverage its technology and market resources to expand into smart transportation, smart home, and wearable IoT markets[30] - The company is considering strategic acquisitions to bolster its technology portfolio, with a budget of $100 million allocated for potential deals[165] - The management team emphasized a focus on sustainability initiatives, aiming to reduce operational costs by 20% over the next two years[163] Risks and Challenges - The company faces competition from well-funded international firms and domestic chip design companies, which may impact its market share and profitability[90] - The company has established long-term partnerships with several wafer foundries and packaging testing suppliers to ensure stable product supply, but faces risks related to capacity constraints and cost fluctuations[92] - The company emphasizes the importance of accurate market demand assessment during the new product development phase to mitigate risks associated with product development[88] Employee and Management Information - The company has a workforce of 155 employees, with 125 in R&D, making up 80.65% of the total[43] - Total remuneration for directors, supervisors, and senior management amounted to 5.0311 million yuan[167] - The company has established a competitive compensation policy, with salaries based on job levels and performance, and plans to adjust overall salary levels in response to inflation and rising labor costs[170]

Financial Performance - Revenue for the first nine months reached RMB 780,261,927.83, representing a 113.66% increase year-on-year[6]. - Net profit attributable to shareholders increased by 123.52% year-on-year, totaling RMB 163,833,216.45[6]. - Basic and diluted earnings per share were both RMB 1.33, reflecting a 90.00% increase compared to the previous year[7]. - Total revenue for Q3 2019 reached ¥480,168,631.08, a significant increase from ¥122,765,919.67 in Q3 2018, representing a growth of approximately 290%[37]. - Net profit for Q3 2019 was ¥108,821,023.61, up from ¥20,512,444.86 in Q3 2018, reflecting a growth of approximately 429%[39]. - The company achieved a net profit attributable to shareholders of RMB 163.83 million in the first three quarters of 2019, indicating a positive operational trend[25]. Assets and Liabilities - Total assets increased by 196.46% year-on-year, reaching RMB 1,591,906,327.53[6]. - The total liabilities increased significantly, with accounts payable rising by 252.99% to RMB 275,813,991.08[15]. - Total assets amounted to ¥1,300,231,623.63, compared to ¥457,980,823.97 in the previous year, marking an increase of about 184%[34]. - Total liabilities were ¥161,892,171.72, a significant rise from ¥26,435,569.55 in the previous year, showing an increase of approximately 514%[34]. - Current liabilities totaled RMB 410.90 million, significantly higher than RMB 97.77 million at the end of 2018, indicating increased operational financing needs[29]. Cash Flow - Operating cash flow for the first nine months was RMB 36,143,495.85, up 154.39% compared to the same period last year[6]. - The net cash flow from operating activities for Q3 2019 was CNY 36,143,495.85, significantly up from CNY 14,208,049.11 in Q3 2018, marking a 154.5% increase[45]. - The cash inflow from financing activities in Q3 2019 was CNY 707,508,852.84, with a net cash flow of CNY 651,571,725.64 after outflows[46]. - The total cash and cash equivalents at the end of Q3 2019 reached CNY 383,421,594.16, up from CNY 99,813,125.22 at the end of Q3 2018, reflecting a significant increase in liquidity[46]. Shareholder Information - The total number of shareholders at the end of the reporting period was 18,997[12]. - The top ten shareholders held a combined 56.77% of the company's shares, with Beken Corporation being the largest shareholder at 21.87%[12]. - The company's equity attributable to shareholders reached RMB 1.18 billion, up from RMB 434.40 million, reflecting strong retained earnings growth[30]. Research and Development - The company has increased its investment in research and development, leading to a significant rise in intangible assets by 1285.01% to RMB 21,353,548.92[15]. - The company reported R&D expenses of ¥34,413,231.67 for Q3 2019, compared to ¥20,965,245.43 in Q3 2018, which is an increase of about 64%[38]. - Research and development expenses for Q3 2019 amounted to ¥27,542,020.71, compared to ¥10,687,134.15 in Q3 2018, indicating a focus on innovation[41]. Future Outlook - The company plans to expand its market presence, driven by increased product demand and new product development[16]. - Future outlook includes continued investment in new technologies and market expansion strategies to sustain growth momentum[34]. - The company expects a significant increase in net profit for the year compared to the same period last year, driven by enhanced policy support for ETC promotion[25]. Legal and Compliance - The ongoing patent infringement lawsuit with LITONG is not expected to have a significant adverse impact on the company's operations[25]. - The company has not reported any overdue commitments, indicating effective management of obligations[25]. - The company implemented new financial instrument standards effective January 1, 2019, with no impact on financial results or position[54].

证券代码：603068 证券简称：博通集成 公告编号：临 2019—028 博通集成电路（上海）股份有限公司 关于参加投资者网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流工作，构建和谐投资者关系，博通集成 电路（上海）股份有限公司（以下简称"公司"）将参加由上海上市公司协会、 上证所信息网络有限公司共同举办的"2019年上海辖区上市公司投资者网上集体 接待日"活动，现将有关事项公告如下： 本次集体接待日活动将在上证所信息网络有限公司提供的平台举行，投资者 可以登录"上证路演中心"网站（http://roadshow.sseinfo.com）或关注微信 公众号：上证路演中心，参与公司本次投资者集体接待日活动，活动时间为2019 年9月26日（星期四）15:00至17:00。届时公司高级管理人员将通过网络在线交 流形式与投资者就公司治理、发展战略、经营状况等投资者关注的问题进行沟通。 欢迎广大投资者积极参与。 特此公告。 博通集成电路（上海）股份有限公司董事会 201 ...

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 300,093,296.75, representing a 23.79% increase compared to CNY 242,421,426.03 in the same period last year[16]. - The net profit attributable to shareholders for the first half of 2019 was CNY 55,012,192.84, a 4.22% increase from CNY 52,785,468.59 in the previous year[16]. - The net cash flow from operating activities decreased significantly by 96.01%, amounting to CNY 2,256,078.56 compared to CNY 56,496,023.17 in the same period last year[16]. - The total assets at the end of the reporting period were CNY 1,265,350,291.39, a 135.65% increase from CNY 536,962,834.82 at the end of the previous year[16]. - The net assets attributable to shareholders increased by 145.15%, reaching CNY 1,064,931,469.80 compared to CNY 434,397,379.27 at the end of the previous year[16]. - Basic earnings per share for the first half of 2019 were CNY 0.48, down 5.88% from CNY 0.51 in the same period last year[17]. - The weighted average return on equity decreased by 7.97 percentage points to 7.71% from 15.68% in the previous year[17]. - The company reported a decrease in diluted earnings per share by 5.88%, with a value of CNY 0.48 compared to CNY 0.51 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 51,535,772.91, which is a 6.13% increase from CNY 48,560,180.16 in the same period last year[16]. Cash Flow and Assets - The net cash flow from operating activities decreased due to increased inventory production and procurement[18]. - The net assets attributable to shareholders increased due to the issuance of new shares in April 2019[18]. - Total assets increased as a result of the new share issuance in April 2019[18]. - Cash and cash equivalents reached RMB 456,176,452.97, up from RMB 163,722,662.05, indicating a growth of about 179.5%[94]. - The total current assets amounted to CNY 1,188,058,215.64, a significant increase from RMB 481,910,039.47 as of December 31, 2018, reflecting a growth of approximately 146.5%[94]. - The total liabilities reached CNY 200,418,821.59, compared to CNY 102,565,455.55, reflecting an increase of 95.4%[96]. Research and Development - R&D expenses amounted to 40.68 million yuan, accounting for 13.56% of the revenue during the first half of 2019[38]. - The company has accumulated a total of 92 patents in the wireless RF field as of June 30, 2019, showcasing its technological strength[29]. - The company holds 36 patents in mainland China and 56 in the United States, indicating a strong position in technology innovation[49]. - The company has implemented a strict R&D management process, requiring market surveys and feasibility assessments before project initiation[51]. Market Position and Strategy - The company’s main business is the R&D and sales of wireless communication integrated circuit chips, including wireless data transmission and audio chips[22]. - The company operates under a Fabless model, focusing solely on design while outsourcing manufacturing and testing[22]. - The company is a leading player in the domestic market for wireless ICs, with significant market share in consumer electronics and industrial applications[28]. - The BK5823 chip is the first fully integrated chip suitable for China's ETC national standard, giving the company a leading position in the domestic ETC chip market[33]. - The company plans to increase production of ETC products in response to government policies aimed at boosting ETC installation rates[38]. Shareholder and Governance - The company has not disclosed any plans for profit distribution or capital reserve transfer to increase share capital during the reporting period[4]. - The company has proposed a profit distribution plan for the half-year period, but no dividends or stock bonuses are planned[57]. - The controlling shareholder Beken (BVI) committed not to transfer or entrust the management of shares held before the public offering for 36 months from the date of the company's stock listing[60]. - The company will ensure that any unfulfilled commitments will result in the proceeds from the sale of shares being returned to the company within five working days[61]. - The company has established a commitment to comply with any legal or regulatory requirements regarding share lock-up periods that exceed the initial commitments[61]. Financial Management and Compliance - The company is committed to maintaining compliance with regulatory standards, ensuring that all transactions are conducted fairly and transparently[72]. - The company has established a robust framework for managing related party transactions, ensuring that all dealings are conducted at arm's length and in accordance with market principles[71]. - The financial statements were prepared in accordance with the relevant accounting standards, ensuring a true and complete reflection of the company's financial status[131]. - The company has not reported any changes in accounting policies or prior period errors during this reporting period[120]. Risks and Challenges - The company faces risks from intensified competition in the IC design industry, particularly from well-funded international firms[47]. - The company has implemented measures to retain talent, but risks of talent loss remain due to competitive pressures in the industry[48]. - The company is exposed to risks from concentrated suppliers, which may lead to supply shortages during peak production seasons[50]. - Changes in wafer prices and testing fees could negatively impact the company's operating performance if costs increase[50]. - The company faces risks in new product development due to long R&D cycles and potential misjudgment of market demand, which could delay product sales and affect cost recovery[51].

Financial Performance - Operating revenue for the current period was ¥126,127,879.57, reflecting a growth of 6.92% year-on-year[6] - Net profit attributable to shareholders of the listed company was ¥15,382,478.33, up by 4.86% from the same period last year[6] - Basic earnings per share increased to ¥0.16, representing a growth of 6.67% year-on-year[6] - The company reported a significant increase in total comprehensive income for Q1 2019, which was CNY 16,234,560.42, compared to CNY 15,422,651.47 in Q1 2018, reflecting a growth of 5.3%[32] - Net profit for Q1 2019 reached CNY 16,382,548.26, representing a 4.6% increase from CNY 15,659,286.71 in Q1 2018[32] Assets and Liabilities - Total assets at the end of the reporting period reached ¥549,802,536.98, an increase of 2.39% compared to the end of the previous year[6] - Current assets totaled CNY 485,163,866.01, slightly up from CNY 481,910,039.47, indicating a growth of about 0.52%[22] - Total liabilities decreased to CNY 99,170,597.30 from CNY 102,565,455.55, a reduction of approximately 3.86%[23] - Shareholders' equity rose to CNY 450,631,939.68 from CNY 434,397,379.27, reflecting an increase of about 3.75%[23] - Total liabilities were RMB 102,565,455.55, with non-current liabilities comprising RMB 4,800,000.00 in deferred income[44] Cash Flow - The net cash flow from operating activities significantly decreased to ¥1,917,366.35, a decline of 97.23% compared to the previous year[6] - The cash inflow from sales of goods and services was RMB 141,540,053.79, down 13.9% from RMB 164,486,970.24 in Q1 2018[36] - The company's cash and cash equivalents at the end of Q1 2019 were RMB 161,602,577.85, down from RMB 145,812,281.87 in Q1 2018[37] - The net cash flow from investment activities was -RMB 3,278,655.24, a decrease from -RMB 20,999,423.69 in Q1 2018, showing improved performance[37] - The cash flow from purchasing goods and services increased by 73.62% to RMB 111,389,762.22, driven by higher inventory levels[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 33,948[11] - Beken Corporation held 21.87% of shares, making it the largest shareholder[11] Government Subsidies and Other Income - The company received government subsidies amounting to ¥864,314.86, which are closely related to its normal business operations[9] - Non-recurring gains and losses totaled ¥1,000,069.93 for the current period[10] - Investment income rose by 207.18% to RMB 252,372.95, attributed to increased returns from financial products[15] Expenses and Costs - Total operating costs for Q1 2019 were CNY 110,234,186.12, up from CNY 102,459,041.23 in Q1 2018, reflecting a 7.4% increase[31] - The company's tax expenses decreased by 54.44% to RMB 2,578,497.67, primarily due to tax benefits from the previous quarter[15] - Financial expenses decreased to CNY 5,556,973.62 in Q1 2019 from CNY 7,183,498.12 in Q1 2018, a reduction of 22.6%[31] Other Comprehensive Income - The company reported a significant increase in other comprehensive income, which decreased by 47.74% to RMB 162,004.33 due to foreign currency translation differences[15] - Other comprehensive income for Q1 2019 was CNY -147,987.84, an improvement from CNY -236,635.24 in Q1 2018[32] Legal Matters - The company is currently involved in a patent infringement lawsuit, but the related products represent a small portion of its future business direction, indicating minimal impact on operations[17] Changes in Assets - The company's prepayments increased by 196.95% to RMB 2,062,753.35 due to higher advance payment for operating expenses[13] - Intangible assets surged by 688.39% to RMB 12,155,187.14 primarily due to the acquisition of licenses[13] - The company's other payables increased by 265.09% to RMB 10,713,613.96, mainly due to the acquisition of licenses[15] - The cash paid for purchasing fixed assets and intangible assets rose by 318.93% to RMB 4,531,028.19, reflecting the acquisition of licenses[17]