重要内容提示： | 证券代码：603228 | 证券简称：景旺电子 | 公告编号:2023-073 | | --- | --- | --- | | 债券代码：113602 | 债券简称：景 转债 20 | | | 债券代码：113669 | 债券简称：景 23 转债 | | 深圳市景旺电子股份有限公司 关于"景 20 转债"2023 年付息公告 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。 深圳市景旺电子股份有限公司（以下简称"公司"）于 2020 年 8 月 24 日发 行的可转换公司债券（以下简称"景 20 转债"）将于 2023 年 8 月 24 日开始支付 自 2022 年 8 月 24 日至 2023 年 8 月 23 日期间的利息。根据《深圳市景旺电子股 份有限公司公开发行 A 股可转换公司债券募集说明书》（以下简称"《募集说明 书》"）有关条款的规定，现将有关事项公告如下： 一、本期债券的基本情况 ● 可转债付息债权登记日：2023 年 8 月 23 日 ● 可转债除息日：2023 年 8 月 24 日 ● 可 ...

| 证券代码：603228 | 证券简称：景旺电子 | | 公告编号:2023-072 | | --- | --- | --- | --- | | 债券代码：113602 | 债券简称：景 20 | 转债 | | | 债券代码：113669 | 债券简称：景 23 | 转债 | | 深圳市景旺电子股份有限公司 关于公司控股股东股权结构变动暨新增一致行动人 的提示性公告 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。 重要内容提示： 深圳市景旺电子股份有限公司（以下简称"公司"）于近日收到公司控股股 东深圳市景鸿永泰投资控股有限公司（以下简称"景鸿永泰"）《关于股权结构变 动的告知函》，获悉景鸿永泰的股权结构发生变动，现将相关事项公告如下： 一、股权结构变动基本情况 公司控股股东景鸿永泰与深圳市奕兆投资合伙企业（有限合伙）（以下简称 "奕兆投资"）于近日签订了《增资扩股协议》，奕兆投资以货币资金认缴景鸿 永泰 1,000 万元人民币增资。本次增资前，景鸿永泰注册资本为 1,000 万元人民 本次股权结构变动系公司实际控制人的一致 ...

Cash Flow and Liquidity - Operating cash flow increased significantly to 505,310,161.70 RMB, up 739.47% compared to the previous period[13] - Net cash flow from operating activities was RMB 505,310,161.70, a significant increase of 739.47% year-over-year[23] - Investment cash flow was negative at -377,122,846.94 RMB, mainly due to capital expenditures[1] - Net cash flow from financing activities in Q1 2023 was RMB 94,598,912.36, up from RMB 69,966,399.69 in Q1 2022[52] - Net increase in cash and cash equivalents in Q1 2023 was RMB 215,717,703.78, compared to a decrease of RMB 210,147,025.66 in Q1 2022[52] - The company's monetary funds increased to RMB 1,702,753,138.84 as of March 31, 2023, compared to RMB 1,485,666,821.19 at the end of 2022[35] Assets and Liabilities - Total assets grew slightly by 0.12% to 15,509,756,309.90 RMB[12] - Equity attributable to shareholders rose by 2.65% to 8,286,006,339.55 RMB[12] - Total equity attributable to shareholders in Q1 2023 was RMB 8,286,006,339.55, up from RMB 8,072,377,390.58 in Q1 2022[49] - Total liabilities decreased to 7,004,353,754.66 from 7,201,115,339.27[42] - Accounts receivable decreased to RMB 3,077,132,784.27 from RMB 3,512,021,548.04 at the end of the previous year[35] - Prepaid expenses increased by 62.30% due to higher insurance payments[13] - Prepayments increased to 14,730,746.56 from 9,076,020.49, a significant rise[39] - Other receivables rose to 46,201,365.40 from 32,519,550.35, indicating growth in receivables[39] - Inventory slightly increased to 1,401,605,256.74 from 1,375,501,739.53[39] - Total current assets remained stable at 7,400,761,666.34 compared to 7,406,150,246.63[39] - Fixed assets decreased to 6,860,153,061.20 from 6,978,353,037.19[39] Revenue and Profitability - Revenue for the reporting period was RMB 2,340,932,582.78, a decrease of 1.13% year-over-year[23] - Net profit attributable to shareholders of the listed company was RMB 211,499,259.97, an increase of 20.42% year-over-year[23] - Net profit increased to 212,821,281.57 from 178,645,719.46[43] - Basic earnings per share (EPS) was RMB 0.25, an increase of 19.05% year-over-year[23] - Basic earnings per share rose to 0.25 from 0.21[45] - Diluted earnings per share stood at 0.25 RMB, with a weighted average ROE of 2.59%[12] - Diluted earnings per share also increased to 0.25 from 0.21[45] - Total comprehensive income grew to 212,821,281.57 from 178,645,719.46[45] - Sales revenue from goods and services in Q1 2023 was RMB 2,774,935,701.80, an increase from RMB 2,579,356,605.57 in Q1 2022[46] - Total operating revenue in Q1 2023 was RMB 2,340,932,582.78, slightly down from RMB 2,367,788,373.20 in Q1 2022[49] - Retained earnings as of Q1 2023 were RMB 5,090,912,104.28, up from RMB 4,881,359,505.54 in Q1 2022[49] Expenses and Costs - Financial expenses increased by 75.31% due to exchange rate losses and higher interest payments[13] - Financial expenses in Q1 2023 increased to RMB 39,590,368.10 from RMB 22,583,468.33 in Q1 2022[49] - Operating costs in Q1 2023 decreased to RMB 2,106,971,466.58 from RMB 2,191,122,046.53 in Q1 2022[49] - R&D expenses in Q1 2023 increased to RMB 138,251,246.06 from RMB 112,241,072.17 in Q1 2022[49] - Trade receivables decreased, leading to a 1,159.72% increase in credit impairment losses[13] Non-Recurring Items and Subsidies - Government subsidies contributed 31,516,643.04 RMB to non-recurring gains[15] - The company's non-recurring gains and losses amounted to RMB 21,791,022.18 for the reporting period[24] - Tax refunds received in Q1 2023 were RMB 48,903,157.65, down from RMB 53,311,895.25 in Q1 2022[46] Shareholder and Equity Information - The top shareholder, Shenzhen Jinghong Yongtai Investment Holding Co., Ltd., holds 293,731,122 shares, representing 34.67% of the total shares[30] - The company's total number of ordinary shareholders at the end of the reporting period was 18,533[30] - The company issued convertible bonds totaling RMB 1,154,000,000, with net proceeds of RMB 1,139,615,400 after deducting issuance costs[33] Contract Liabilities and Prepayments - Contract liabilities surged by 288.97% due to increased customer prepayments[13]

Financial Performance - The company's operating revenue for 2022 was CNY 10,513,990,309.76, representing a 10.30% increase from CNY 9,532,422,463.08 in 2021[13] - The net profit attributable to shareholders for 2022 was CNY 1,065,836,627.00, up 13.96% from CNY 935,254,514.42 in 2021[13] - The net cash flow from operating activities increased by 36.40% to CNY 1,555,062,569.54 in 2022, compared to CNY 1,140,088,344.62 in 2021[13] - The company's total assets as of the end of 2022 were CNY 15,491,566,923.94, an 8.02% increase from CNY 14,341,831,053.63 at the end of 2021[13] - Basic earnings per share for 2022 were CNY 1.27, a 14.41% increase from CNY 1.11 in 2021[14] - The weighted average return on equity for 2022 was 13.85%, an increase of 0.27 percentage points from 13.58% in 2021[14] - The net profit after deducting non-recurring gains and losses for 2022 was CNY 957,459,286.31, reflecting a 14.24% increase from CNY 838,096,506.09 in 2021[13] Research and Development - In 2022, the company's R&D investment reached 546 million RMB, a year-on-year increase of 19.27%[36] - The company obtained 47 invention patents and 34 utility model patents during the reporting period[36] - The company holds 257 invention patents and 195 utility model patents, showcasing its strong R&D capabilities[63] Production and Sales - The production volume of printed circuit boards was 926.97 million square meters, a year-on-year increase of 1.88%[69] - The sales volume of printed circuit boards reached 914.02 million square meters, up 2.42% from the previous year[69] - The company achieved mass production of high-performance products including server high-speed boards and new energy vehicle charging and distribution boards[36] Market Position and Strategy - The global PCB industry is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2022 to 2027, reaching approximately 98.388 billion USD by 2027[54] - The company ranks 16th globally in the PCB industry and 3rd among domestic PCB manufacturers in China[42] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[15] - The company aims to enhance its core competitiveness through long-term strategic partnerships with global strategic customers[37] - The company is focusing on high-end products such as high-density multilayer boards and HDI boards, which are expected to see significant growth in the next five years[54] Environmental and Social Responsibility - The company has implemented emergency response plans for environmental incidents, with the latest version filed on July 9, 2021[131] - The total investment in social responsibility projects amounted to 3.3 million yuan, focusing on rural revitalization and educational support[125] - The company reduced carbon emissions by 16,970 tons through various carbon reduction measures[123] - The company has established a comprehensive environmental monitoring program, including regular third-party assessments[134] Corporate Governance - The company completed the election of a new board of directors during the reporting period, holding 9 board meetings to ensure prudent decision-making on significant matters[147] - The company engaged Tianzhi International Accounting Firm for auditing services, with a remuneration of 2 million RMB for the year[145] - The company has committed to not engaging in any business that competes with its own operations, ensuring protection of shareholder interests[140] Financial Management - The company reported a total of 288 million RMB in bank financial management, with 38 million RMB from self-owned funds and 250 million RMB from raised funds[166] - The company has been actively managing its capital structure, with a focus on maintaining a balance between risk and return in its financial products[176] - The company has committed to avoiding competition with its subsidiaries and will transfer competing businesses to unrelated third parties if necessary[155] Shareholder Returns - The company plans to distribute a cash dividend of RMB 5.00 per 10 shares to all shareholders based on the total share capital as of the dividend distribution date, with no bonus shares or capital reserve conversion[89] - The company issued cash dividends of RMB 3.00 per 10 shares to all shareholders based on the total share capital as of the dividend distribution date[191] Compliance and Risk Management - The company has implemented measures to ensure compliance with regulatory requirements and maintain shareholder value[177] - The company has not experienced any non-compliance issues regarding guarantees during the reporting period[144] - The company has not reported any significant accounting errors or changes in accounting policies during the reporting period[159]

| 证券代码：603228 | 证券简称：景旺电子 公告编号：2023-034 | | --- | --- | | 债券代码：113602 | 债券简称：景 转债 20 | 深圳市景旺电子股份有限公司 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法律责任。 重要提示： ● 投资者可于 2023 年 05 月 11 日(星期四)至 2023 年 05 月 17 日（星期三） 16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 stock@kinwong.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 深圳市景旺电子股份有限公司（以下简称"公司"）已于 2023 年 04 月 20 日 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 05 月 18 日下午 13:00-14:30 举行 2022 年度业绩说明会，就投资者关心的问题进行交流，现就会议有关事项公告 如下： ...

Financial Performance - The company's operating revenue for Q3 2022 was RMB 2,588,983,808.23, representing a year-on-year increase of 6.87%[2] - The net profit attributable to shareholders for the same period was RMB 281,449,336.69, reflecting a 14.12% increase compared to the previous year[2] - The net profit after deducting non-recurring gains and losses was RMB 281,009,691.94, which is a 26.28% increase year-on-year[2] - Total operating revenue for the first three quarters of 2022 reached ¥7,716,029,972.13, an increase of 14.18% compared to ¥6,759,656,883.93 in the same period of 2021[12] - Net profit for the third quarter of 2022 was ¥760,585,142.11, representing a 8.23% increase from ¥702,628,478.69 in Q3 2021[14] - Total operating profit for the third quarter of 2022 was ¥847,242,900.57, compared to ¥797,532,144.43 in the same quarter of the previous year, reflecting a growth of 6.23%[13] - The company’s total comprehensive income for the third quarter of 2022 was ¥760,585,142.11, compared to ¥702,628,478.69 in Q3 2021[14] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 14,963,707,875.04, an increase of 4.34% from the end of the previous year[3] - As of September 30, 2022, the company's total assets amounted to RMB 14,963,707,875.04, an increase from RMB 14,341,831,053.63 at the end of 2021, reflecting a growth of approximately 4.35%[10] - Total liabilities were reported at RMB 6,961,986,767.61, slightly up from RMB 6,860,872,334.11, reflecting a growth of approximately 1.47%[11] - The equity attributable to shareholders reached RMB 7,785,246,305.64, an increase from RMB 7,278,185,081.52, indicating a growth of about 6.94%[11] - The company's long-term assets totaled RMB 7,858,938,534.25, up from RMB 7,237,435,668.81, representing an increase of approximately 8.59%[10] Cash Flow - The net cash flow from operating activities for the year-to-date period increased by 37.09%, primarily due to an increase in sales collections[6] - Cash flow from operating activities for the first three quarters of 2022 was ¥922,438,283.66, an increase of 37.03% from ¥672,874,920.99 in the same period of 2021[15] - The company reported a total cash inflow from operating activities of ¥8,478,193,627.62 for the first three quarters of 2022, compared to ¥7,009,819,302.24 in the same period of 2021[15] - The net cash flow from investment activities was -1,140,078,634.01 CNY, compared to -1,180,308,236.97 CNY in the previous year[17] - Cash inflow from financing activities totaled 746,860,251.75 CNY, an increase from 215,935,892.47 CNY year-over-year[17] - The net cash flow from financing activities was 292,864,296.67 CNY, contrasting with a negative flow of -204,805,638.53 CNY in the same period last year[17] - The cash and cash equivalents at the end of the period amounted to 901,619,582.75 CNY, up from 857,120,460.57 CNY year-over-year[17] Shareholder Information - The company reported a total of 22,046 common shareholders at the end of the reporting period[7] - The top two shareholders, Shenzhen Jinghong Yongtai Investment Holding Co., Ltd. and Zhichuang Investment Co., Ltd., each held 34.67% of the shares[7] Expenses and Costs - Total operating costs for the first three quarters of 2022 were ¥6,836,267,506.62, up 13.61% from ¥6,018,303,107.99 in the previous year[12] - Research and development expenses for the third quarter of 2022 amounted to ¥388,696,156.20, an increase of 15.36% compared to ¥336,940,776.94 in the same quarter of 2021[13] - The company’s financial expenses for the third quarter of 2022 showed a significant reduction, with a net financial expense of -¥63,223,007.87 compared to ¥65,951,839.28 in the same quarter of 2021[13] Other Financial Metrics - The weighted average return on equity for the reporting period was 3.79%, an increase of 0.24 percentage points compared to the same period last year[3] - Basic earnings per share for the third quarter of 2022 were ¥0.89, up from ¥0.84 in Q3 2021[14] - The company did not conduct an audit for the Q3 financial statements[2] - The company did not apply new accounting standards for the current reporting period[17] Changes in Accounts - Accounts receivable increased to RMB 3,349,869,763.42 from RMB 3,092,727,198.06, representing a growth of approximately 8.31%[9] - The company's inventory stood at RMB 1,487,266,508.40, compared to RMB 1,444,136,244.09, showing an increase of about 2.99%[9] - The company reported a decrease in accounts payable, which fell to RMB 2,467,397,364.43 from RMB 2,936,301,736.92, a decline of about 16.00%[10] - Deferred income tax assets increased to RMB 176,061,225.79 from RMB 134,188,086.77, reflecting a growth of approximately 31.19%[10] Investment Activities - The total cash outflow for investment activities was 1,821,459,430.04 CNY, compared to 6,313,975,634.86 CNY in the previous year[17] - The cash inflow from investment activities was 681,380,796.03 CNY, compared to 5,133,667,397.89 CNY in the previous year[17] - The cash inflow from other financing activities was 127,542,482.47 CNY, which is a new addition to the financing activities[17] - The company experienced a foreign exchange impact of 26,381,860.54 CNY on cash and cash equivalents[17]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 5,127,046,163.90, representing an increase of 18.22% compared to CNY 4,337,002,370.25 in the same period last year[14]. - The net profit attributable to shareholders of the listed company was CNY 465,434,641.63, a slight increase of 0.64% from CNY 462,470,203.59 in the previous year[14]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 425,471,076.91, up by 2.97% from CNY 413,216,783.25 year-on-year[14]. - The net cash flow from operating activities was CNY 445,888,597.52, down by 16.28% compared to CNY 532,573,508.72 in the same period last year[14]. - The net assets attributable to shareholders at the end of the reporting period were CNY 7,497,737,085.71, an increase of 3.02% from CNY 7,278,185,081.52 at the end of the previous year[14]. - Total assets at the end of the reporting period were CNY 14,784,116,485.08, reflecting a growth of 3.08% from CNY 14,341,831,053.63 at the end of the previous year[14]. - Basic earnings per share remained stable at CNY 0.55, with a year-on-year increase of 0%[15]. - Diluted earnings per share also held steady at CNY 0.55, showing no change compared to the previous year[15]. - The basic earnings per share after deducting non-recurring gains and losses increased by 4.08% to CNY 0.51 from CNY 0.49 in the same period last year[15]. - The weighted average return on equity decreased by 0.65 percentage points to 6.23% from 6.88% year-on-year[15]. - The weighted average return on equity after deducting non-recurring gains and losses decreased by 0.46 percentage points to 5.69% from 6.15% year-on-year[15]. Market Overview - The global PCB market is projected to grow from USD 80.449 billion in 2021 to USD 101.559 billion by 2026, with a compound annual growth rate (CAGR) of 4.8%[20]. - The domestic PCB industry is expected to grow from USD 43.616 billion in 2021 to USD 54.605 billion by 2026, maintaining a CAGR of 4.6%[20]. - The automotive electronics market is projected to grow from USD 240 billion in 2021 to USD 337 billion by 2026, with a CAGR of 7.0%[23]. - The server and data storage market is expected to increase from USD 192 billion in 2021 to USD 290 billion by 2026, with a CAGR of 8.6%[24]. Company Rankings and Recognition - The company ranked 7th in the comprehensive PCB enterprise ranking and 3rd among domestic PCB enterprises in China according to CPCA in 2021[25]. - The company was listed as the 16th among the global top 100 PCB manufacturers by Prismark in 2021[25]. Production and Quality Management - The company has five major production bases, with Shenzhen Jingwang focusing on high-tech rigid boards and flexible boards, and Jiangxi Jingwang being one of the leading automated factories in the industry[27]. - The company has established a strict quality management system, obtaining certifications such as ISO 9001-2015 and IATF 16949-2016, ensuring reliable product quality[31]. - The company emphasizes cost control through lean production management, implementing a comprehensive cost control management system across all production processes[32]. - The company has a diversified product strategy, providing a wide range of products for various applications including telecommunications, consumer electronics, and automotive electronics[30]. - The company actively maintains and expands overseas markets through subsidiaries in Europe, Japan, and the United States, enhancing global competitiveness[28]. - The company utilizes a "direct sales as the main, distribution as a supplement" sales model, targeting both end customers and PCB traders[29]. - The company has a strong focus on technological innovation and quality control, which has led to multiple quality awards from clients such as Vivo and Hikvision[31]. Research and Development - The company invested 244 million in R&D during the first half of 2022, an increase of 20.96% year-on-year, focusing on market-driven technological innovations[39]. - The company has obtained 235 invention patents and 182 utility model patents, enhancing its technological capabilities and industry standards[36]. - The company has established a comprehensive information management system integrating ERP, MES, and other systems, optimizing resource allocation and reducing costs[33]. Financial Management - The company reported a significant increase in net profit in Q2 2022, reaching 296 million, a 65.90% increase quarter-on-quarter, due to cost control and declining raw material prices[40]. - The company has a diverse customer base across various industries, reducing risks associated with reliance on a single sector[34]. - The company emphasizes long-term strategic partnerships with clients, enhancing its service capabilities and deepening customer value[34]. - The company is committed to organizational transformation to improve management efficiency and enhance overall competitiveness[40]. Environmental Management - Shenzhen Jingwang reported a COD emission concentration of 55.8 mg/L, totaling 34.00320 tons per half year[59]. - The company recorded an ammonia nitrogen emission concentration of 8.97 mg/L, amounting to 6.37560 tons per half year[59]. - Total nitrogen emissions were reported at 22.5 mg/L, with a total of 8.50080 tons per half year[59]. - The company has established a wastewater treatment system utilizing a combination of pre-treatment, biological active sludge, and MBR membrane filtration[59]. - The company has implemented a stable operation for its wastewater treatment facilities to meet environmental standards[61]. - The company has received environmental protection approvals for its projects, ensuring compliance with regulations[72]. - The company has established emergency response plans for environmental incidents, with documentation filed with local environmental authorities[82]. Shareholder and Corporate Governance - The company has committed to not engaging in any business that competes with its subsidiaries, ensuring no direct or indirect competition during the control period[90]. - The commitments made by the actual controllers and shareholders to avoid conflicts of interest and ensure compliance with relevant laws and regulations are ongoing and strictly adhered to[91]. - The company has promised to not transfer benefits unfairly to other entities or individuals, maintaining the integrity of its operations and management[92]. - The company will compensate investors for any losses incurred due to false statements or omissions in its prospectus, ensuring accountability to minority shareholders[92]. - The commitments regarding related party transactions will be strictly followed, with adherence to legal and regulatory requirements to protect shareholder interests[91]. Capital Structure and Financing - The total guarantee amount (excluding guarantees to subsidiaries) is CNY 2,980,000,000, accounting for 38.65% of the company's net assets[98]. - The company has provided guarantees totaling CNY 2,980,000,000 to its subsidiaries during the reporting period[98]. - The company plans to publicly issue A-share convertible bonds totaling no more than RMB 1.16 billion, with the funds allocated for a project to produce 600,000 square meters of high-density interconnect printed circuit boards annually[116]. - The company issued 17.8 million convertible bonds in 2020, raising a total of RMB 1.78 billion, with a maturity of 6 years and a coupon rate that increases from 0.4% to 2.0% over the term[107]. Financial Position - As of June 30, 2022, the company converted 4,437 restricted shares from the "Jing 20 Convertible Bonds" into A-shares[154]. - The company maintains a continuous operation basis for its financial statements, with no significant doubts about its ability to continue operations within the next 12 months[158]. - The company’s financial statements comply with the requirements of enterprise accounting standards, reflecting its financial position and operating results accurately[159].

Financial Performance - The company's operating revenue for 2021 was approximately CNY 9.53 billion, representing a year-over-year increase of 34.95% compared to CNY 7.06 billion in 2020[15]. - The net profit attributable to shareholders for 2021 was approximately CNY 935.25 million, a slight increase of 1.55% from CNY 920.99 million in 2020[15]. - The net cash flow from operating activities decreased by 25.33% to approximately CNY 1.14 billion in 2021, down from CNY 1.53 billion in 2020[15]. - The total assets at the end of 2021 were approximately CNY 14.34 billion, an increase of 18.47% from CNY 12.11 billion at the end of 2020[15]. - The basic earnings per share for 2021 was CNY 1.11, a slight increase of 0.91% compared to CNY 1.10 in 2020[16]. - The weighted average return on equity for 2021 was 13.58%, a decrease of 2.03 percentage points from 15.61% in 2020[16]. - The company reported non-recurring gains of approximately CNY 94.91 million in 2021, compared to CNY 103.89 million in 2020[18]. - The company's operating revenue for the reporting period reached ¥9,532,422,463.08, representing a year-on-year increase of 34.95% compared to ¥7,063,588,891.52[39]. - The operating cost increased by 44.24% to ¥7,302,850,532.77, primarily due to sales scale growth, new factory production, and rising raw material prices[39]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of RMB 3.00 per 10 shares to all shareholders based on the total share capital on the dividend distribution date[3]. - The company has a cash dividend policy that mandates a minimum of 20% of the distributable profit to be distributed as cash dividends if certain conditions are met[112]. - In the absence of significant investment plans, the company will distribute at least 40% of the total profit distribution amount as cash dividends[113]. - The company can issue stock dividends based on the available distributable profits and cash flow, ensuring alignment with overall shareholder interests[113]. - The total number of shares held by Chairman Liu Shaobai increased from 0 to 638,405 shares during the reporting period, with a pre-tax remuneration of 2.5542 million yuan[82]. - The total number of shares held by the company’s executives increased by 1,147,447 shares, with a total pre-tax remuneration of 14.0421 million yuan for the reporting period[83]. - The company executed a cash dividend distribution of RMB 3.00 per 10 shares, impacting the earnings per share and net assets per share[179]. Corporate Governance - The company has established a robust corporate governance structure, complying with relevant laws and regulations to enhance management quality[76]. - The board of directors consists of nine members, including three independent directors, and held twelve meetings to support scientific decision-making[78]. - The supervisory board, comprising three members, conducted seven meetings to oversee the company's major matters and protect shareholder interests[79]. - The company maintains independence from its controlling shareholder, ensuring no interference in decision-making or operations[80]. - The company has not faced any penalties from securities regulatory agencies in the past three years[91]. - The company has no dissenting opinions from the board regarding its operations during the reporting period[106]. Research and Development - R&D investment reached 458 million yuan, up 28.71% year-on-year, focusing on high-performance products and technologies[24]. - The company has established a technology research system involving universities and research institutions to enhance product innovation[24]. - The company has developed batch production technologies for various PCB products, including high-density rigid-flex PCBs, and holds 209 invention patents and 164 utility model patents[37]. - The company has a total of 1,497 R&D personnel, accounting for 10.35% of the total workforce[54]. - The company is currently constructing a headquarters R&D center and office building with an investment of up to ¥450 million[57]. Environmental Management - The company reported a total COD discharge of 9.69 tons/year with a concentration of 38.63 mg/L, which is within the permitted limits[122]. - The company’s wastewater treatment facilities utilize a combination of pre-treatment and biological methods to ensure compliance with discharge standards[122]. - The company has implemented a wastewater recycling system using membrane separation technology to enhance environmental protection efforts[122]. - The company is committed to continuous monitoring and improvement of its environmental management practices in line with regulatory changes[120]. - The company has established a comprehensive environmental monitoring scheme, including quarterly noise testing and annual soil testing[147]. Market and Industry Outlook - The PCB industry is expected to grow at a compound annual growth rate of 4.8% from 2021 to 2026, driven by demand in automotive, 5G communication, and IoT sectors[28]. - The automotive electronics sector is expected to grow at a CAGR of 8.0% from 2020 to 2025, significantly boosting PCB demand[64]. - The 5G market is anticipated to see significant growth, with China planning to build over 600,000 new 5G base stations in 2022, contributing to stable demand for PCBs[66]. - The wearable electronics market, including smartwatches and TWS earbuds, saw a shipment increase of 24% in 2021, indicating rising demand for HDI boards and flexible PCBs[67]. Risk Management - The company faces risks from macroeconomic fluctuations and raw material price volatility, which could impact production stability and profitability[70][71]. - The company is sensitive to fluctuations in the USD/CNY exchange rate, which can directly impact the cost of imported raw materials and the selling price of exported products, affecting net profit[72]. - The company is actively managing supply chain risks by collaborating with suppliers and clients to address raw material price fluctuations[26]. Financial Management - The company has a total guarantee amount of RMB 3.13 billion, which accounts for 41.84% of its total assets[164]. - The company invested RMB 621.9 million in bank wealth management products from its own funds, with an outstanding balance of RMB 34 million[165]. - The company raised RMB 820 million through fundraising for bank wealth management products, with an outstanding balance of RMB 250 million[165]. - The company reported a total of 1,500 million in entrusted financial management with an annualized return rate of 1.65%[167]. - The company achieved a return of 20.52 million from a structured deposit linked to the stock market, with an annualized return rate of 3.15%[167]. Employee Management - The company employed a total of 14,469 staff, with 2,320 in the parent company and 12,149 in major subsidiaries[107]. - The workforce includes 8,838 production personnel, 4,059 technical staff, and 1,254 administrative employees[108]. - The company conducted a total of 171,428 hours of employee training during the reporting period, covering 12 major projects across 5 key areas[110]. - The company has implemented a performance-oriented compensation policy linking individual and team performance[109]. Shareholder Structure - The top two shareholders, Shenzhen Jinghong Yongtai Investment Holding Co., Ltd. and Zhichuang Investment Co., Ltd., each hold 293,731,122 shares, representing 34.49% of the total shares[184]. - The number of ordinary shareholders decreased from 20,021 to 18,948 during the reporting period[183]. - The company has no preferred shareholders with restored voting rights as of the end of the reporting period[183].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 2,367,788,373.20, representing a year-on-year increase of 14.31%[4] - The net profit attributable to shareholders was RMB 175,634,866.06, a decrease of 30.96% compared to the same period last year[4] - The basic earnings per share were RMB 0.21, reflecting a decrease of 30.00%[4] - The company's net profit for March 2022 reached RMB 97,378,300, benefiting from the production capacity of newly invested high-end product factories[5] - The company's net profit decreased during the reporting period due to rising raw material costs[13] - The net profit for Q1 2022 was approximately ¥178.65 million, a decrease of 29% compared to ¥251.51 million in Q1 2021[18] - The total comprehensive income for Q1 2022 was approximately ¥178.65 million, down from ¥251.51 million in Q1 2021[18] Cash Flow and Assets - The net cash flow from operating activities was RMB 60,194,216.39, down 87.58% year-on-year[4] - As of March 31, 2022, the company's total current assets amounted to approximately RMB 6.79 billion, a decrease from RMB 7.10 billion at the end of 2021[14] - The company's inventory increased to approximately RMB 1.68 billion from RMB 1.44 billion year-over-year[14] - The company reported accounts receivable of approximately RMB 3.06 billion, slightly down from RMB 3.09 billion in the previous year[14] - Cash flow from operating activities generated a net amount of ¥60.19 million, significantly lower than ¥484.80 million in the same period last year[19] - The cash and cash equivalents at the end of Q1 2022 were approximately ¥589.87 million, a decrease from ¥1.26 billion at the end of Q1 2021[20] Operating Costs and Expenses - The increase in operating costs was primarily due to the rise in prices of raw materials, leading to an increase of nearly RMB 106 million in quarterly operating costs[4] - Total operating costs for Q1 2022 were ¥2,191,122,046.53, up from ¥1,806,690,974.98 in Q1 2021, reflecting a year-over-year increase of 21.3%[17] - Research and development expenses increased by 32.79%, indicating a focus on product innovation[9] - Research and development expenses increased to ¥112,241,072.17 in Q1 2022, compared to ¥84,525,078.49 in Q1 2021, marking a rise of 32.8%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period was 20,012[11] - The largest shareholder, Shenzhen Jinghong Yongtai Investment Holding Co., Ltd., holds 293,731,122 shares, accounting for 34.49% of total shares[11] Future Outlook and Strategy - The company plans to enhance market expansion efforts in sectors like automotive electronics, capitalizing on favorable demand trends[4] - The company expects significant improvement in operational efficiency in the future as new high-end technology product factories ramp up production and sales[13] - The company plans to enhance product R&D efforts and expand its market presence in both domestic and international markets[13] - The company aims to optimize its order structure for high-value-added products to improve profitability[13] - The company has established a consistent action relationship among major shareholders to enhance operational efficiency[12] Investment and Financing Activities - The company reported a significant decrease in investment income by 86.24%, attributed to a reduction in financial management scale[9] - Cash flow from investing activities resulted in a net outflow of approximately ¥338.17 million, compared to a net outflow of ¥866.41 million in Q1 2021[20] - Cash flow from financing activities generated a net inflow of approximately ¥69.97 million, compared to ¥59.28 million in Q1 2021[20] - The company did not execute any mergers or acquisitions during this reporting period[22]

Financial Performance - Revenue for Q3 2021 reached ¥2,422,654,513.68, an increase of 35.51% compared to the same period last year[2] - Net profit attributable to shareholders was ¥246,616,639.39, reflecting a year-on-year growth of 19.33%[2] - Net profit excluding non-recurring items was ¥222,531,914.37, up 15.80% year-on-year[2] - Total operating revenue for the first three quarters of 2021 reached ¥6,759,656,883.93, a significant increase from ¥4,926,916,532.98 in the same period of 2020, representing a growth of approximately 37.5%[17] - Net profit for the third quarter of 2021 was ¥702,628,478.69, compared to ¥688,431,698.92 in the same quarter of 2020, reflecting an increase of about 2.0%[18] - Basic earnings per share for the quarter were ¥0.29, a 16.00% increase compared to the same period last year[4] - Basic earnings per share for the third quarter of 2021 were ¥0.84, compared to ¥0.82 in the same quarter of 2020, reflecting a growth of about 2.4%[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥13,735,987,155.38, a 13.47% increase from the end of the previous year[4] - The company's total assets reached ¥13,735,987,155.38, up from ¥12,105,507,834.35, indicating an increase of approximately 13.5%[15] - The total liabilities amounted to ¥6,470,877,691.12, compared to ¥5,348,679,737.43, which is an increase of around 20.9%[15] - The company's total current liabilities reached approximately ¥3.62 billion, while non-current liabilities were approximately ¥1.73 billion[27] - The total amount of employee compensation payable was approximately ¥183 million, highlighting the company's commitment to its workforce[27] Shareholder Equity - Shareholders' equity attributable to the parent company reached ¥7,064,157,047.95, representing a 7.86% increase year-on-year[4] - The company's total equity attributable to shareholders reached ¥7,064,157,047.95, compared to ¥6,549,417,316.32 in the previous year, showing an increase of approximately 7.8%[16] - The total owner's equity attributable to shareholders was approximately ¥6.55 billion, with minority interests of approximately ¥207 million[28] - The company reported a total of ¥3.45 billion in undistributed profits, indicating strong retained earnings[27] Cash Flow - Operating cash flow for the year-to-date period was ¥672,874,920.99, down 40.55% year-on-year due to increased operational expenditures[4] - Cash flow from operating activities for the first three quarters of 2021 was ¥6,581,151,427.09, compared to ¥5,448,119,524.49 in the same period of 2020, representing an increase of about 20.8%[20] - The net cash inflow from operating activities was CNY 672,874,920.99, a decrease of 40.5% compared to CNY 1,131,859,416.17 in the previous year[22] - The total cash inflow from investment activities was CNY 5,133,667,397.89, an increase of 32.2% from CNY 3,882,930,950.26 in the same period last year[23] - The net cash outflow from financing activities was CNY 204,805,638.53, contrasting with a net inflow of CNY 1,651,039,412.44 in the previous year[23] Operational Efficiency - The company attributed revenue growth to the launch of new projects and increased product sales[8] - The company is focused on enhancing operational efficiency and decision-making through strategic shareholder agreements, which include major shareholders acting in concert[12] - Research and development expenses for the first three quarters of 2021 were ¥336,940,776.94, an increase from ¥259,229,561.58 in the same period of 2020, marking a rise of about 30.0%[17] Inventory and Receivables - Accounts receivable rose to ¥2,812,269,819.36, compared to ¥2,371,968,301.04, marking an increase of about 18.6%[13] - Inventory levels significantly increased to ¥1,906,077,313.86 from ¥877,534,668.19, representing a growth of approximately 117.4%[14] Employee Compensation - The company paid CNY 1,216,091,700.25 in employee compensation, which is an increase of 37.9% compared to CNY 882,819,467.69 last year[22] Financial Obligations - The company had approximately ¥1.47 billion in payable bonds, indicating significant debt obligations[27] - The deferred income tax liabilities were approximately ¥86 million, suggesting potential future tax obligations[27] - The total amount of interest payable was approximately ¥2.58 million, reflecting the company's interest obligations[27]