证券代码：603712 证券简称：七一二 公告编号：临 2023-017 天津七一二通信广播股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 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。 重要内容提示： 本次投资者说明会以视频结合网络互动召开，公司将针对 2022 年度经营成 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。 二、 说明会召开的时间、地点 三、 参加人员 董事长：王宝先生 投资者可于 2023 年 5 月 5 日(星期五)至 5 月 11 日(星期四)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：712ir@712.cn 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。 天津七一二通信广播股份有限公司（以下简称"公司"）已于 2023 年 3 月 31 日发布公司 2022 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 5 月 12 ...

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 774,915,942.07 in 2022, representing an increase of 11.09% compared to RMB 697,559,247.90 in 2021[14]. - Total operating revenue for 2022 was RMB 4,039,623,590.34, reflecting a year-on-year growth of 16.99% from RMB 3,452,894,374.41 in 2021[14]. - Basic earnings per share (EPS) for 2022 was RMB 1.00, up 11.11% from RMB 0.90 in 2021[15]. - The diluted EPS also stood at RMB 1.00, reflecting the same percentage increase of 11.11%[15]. - The weighted average return on equity (ROE) decreased to 19.50%, down 1.58 percentage points from 21.08% in 2021[15]. - The gross margin for the specialized wireless communication industry was 46.63%, a decrease of 2.64 percentage points compared to the previous year[30]. - The company reported a significant increase in revenue, achieving a total of 10 billion in 2022, representing a year-over-year growth of 15%[64]. - The net profit for 2022 reached approximately ¥776.49 million, compared to ¥701.07 million in the previous year, indicating a year-over-year increase of around 10.7%[152]. Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 86.91% to RMB 44,857,156.71 in 2022, down from RMB 342,613,329.88 in 2021[14]. - Cash and cash equivalents increased by 116.13% to ¥894,018,661.82, up from ¥413,646,840.52 in the previous period, primarily due to increased collections at the end of the period[43]. - The company reported a significant decrease in net cash flow from operating activities, amounting to CNY 44,857,156.71, down 86.91% from the previous year[28]. - Cash inflow from operating activities was approximately ¥3.00 billion in 2022, down from ¥3.19 billion in 2021, a decrease of about 5.9%[156]. - The ending balance of cash and cash equivalents was 783,525,863.69 RMB, up from 301,126,760.71 RMB at the beginning of the year[159]. Assets and Liabilities - The company's total assets increased by 14.53% to RMB 9,823,345,241.62 at the end of 2022, compared to RMB 8,577,298,525.06 at the end of 2021[14]. - Total liabilities amounted to RMB 5,448,865,772.40, up from RMB 4,937,877,809.28, which is an increase of approximately 10.4%[146]. - The company's equity attributable to shareholders reached RMB 4,307,230,261.06, compared to RMB 3,632,104,847.33, representing a growth of around 18.6%[147]. - Accounts receivable rose significantly to RMB 2,758,441,590.71 from RMB 1,953,119,101.07, marking an increase of approximately 41.2%[145]. - The company's inventory decreased to RMB 3,454,626,322.22 from RMB 3,650,451,593.39, showing a decline of about 5.4%[145]. Research and Development - Research and development expenses amounted to CNY 809,375,059.94, reflecting a growth of 3.57% compared to the previous year[28]. - The company maintains a high R&D investment ratio of over 20%, ensuring its technological leadership and innovation capabilities[27]. - The number of R&D personnel reached 1,128, making up 49.58% of the total workforce[39]. - The company plans to maintain a high ratio of R&D investment to improve independent innovation capabilities and accelerate the conversion of research results[54]. - The company is focused on enhancing R&D efficiency and accelerating core technology breakthroughs in military wireless communication, focusing on anti-jamming technologies for airspace[54]. Market and Business Development - The company successfully completed a major project in military communication, enhancing its capabilities in aviation communication systems[21]. - The company secured contracts for satellite communication and navigation equipment, indicating strong market prospects in these areas[21]. - The company is focusing on the development of next-generation communication key technologies, with a complete research and production capability layout to meet user needs[25]. - The company is actively developing new generation rail transit wireless communication products, laying the foundation for expanding market share[25]. - The company aims to enhance its sustainability initiatives, targeting a 50% reduction in carbon emissions by 2030[64]. Governance and Compliance - The company has received a standard unqualified audit report from its auditing firm, Lixin Certified Public Accountants[2]. - The company held three shareholder meetings during the reporting period, ensuring compliance with legal requirements and facilitating shareholder participation[57]. - The board of directors convened six times, maintaining a rigorous governance structure and ensuring the protection of shareholder interests[58]. - The company is committed to ensuring compliance with legal regulations in all related party transactions and maintaining transparency in its operations[79]. - The company has committed to maintaining the independence of its controlling shareholder, ensuring no misuse of funds or interference in operational decisions[109]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 17,566, down from 20,830 at the end of the previous month[126]. - The largest shareholder, Tianjin Zhibo Intelligent Technology, holds 370,167,500 shares, representing 47.95% of the total shares, with a decrease of 5,305,700 shares during the reporting period[127]. - The total remuneration for directors (excluding independent directors), supervisors, and senior management during the reporting period amounted to 8.2636 million yuan, while independent directors received a total of 482,400 yuan[71]. - The company has not reported any changes in shareholding for the Vice Chairman and other directors during the reporting period[63]. - The company has not faced any delisting risks or bankruptcy restructuring matters during the reporting period[112]. Environmental and Social Responsibility - The company invested 1.536 million yuan in environmental protection during the reporting period[98]. - The company has established a complete environmental management system and obtained ISO14001 certification[99]. - The company was recognized as a "National Green Factory" and a benchmark unit for energy conservation and carbon reduction in 2022[101]. - The company has actively promoted energy-saving and carbon reduction knowledge among employees to enhance environmental awareness[103]. - The company has made significant investments in pollution prevention and control, continuously improving its environmental monitoring management plan[103].

Group 1: Company Overview - The company is a core supplier of private network wireless communication products and overall solutions in China, recognized as a national high-tech enterprise and a national technology innovation demonstration enterprise [3] - The main business areas include military wireless communication and civilian wireless communication, with a focus on advancing the development of the private network wireless communication industry in China [3] Group 2: Military Communication Products - The company is one of the earliest developers and manufacturers of military wireless communication equipment in China, offering a complete range of research and production qualifications [3] - Products include handheld, backpack, vehicle-mounted, airborne, and shipborne equipment, covering a wide range from shortwave to satellite communication [3] - The company has established a comprehensive research and production capability layout to meet future equipment demands over the next five to ten years [3] Group 3: Civilian Communication Products - The company has developed next-generation communication systems, including 5G equipment for vehicles and urban rail transit dispatch communication systems [4] - In 2021, the company completed various projects, enhancing its core competitive advantage in civilian communication products [4] Group 4: Financial Performance - In 2021, the company achieved operating revenue of 3.451 billion yuan, a year-on-year increase of 28% [4] - The net profit attributable to shareholders was 688 million yuan, up 31.58% year-on-year, with basic earnings per share of 0.89 yuan, a 30.88% increase [4] - In Q1 2022, the company reported operating revenue of 410 million yuan, an 18.24% year-on-year increase, and a net profit of 21.49 million yuan, up 26.69% year-on-year [4] Group 5: Research and Development - R&D expenses in 2021 were 775 million yuan, a 34.17% increase year-on-year, primarily due to increased investment in R&D and product technology innovation [5] - The proportion of personnel costs in R&D expenses is approximately 36%, with a year-on-year increase of 19% due to a rise in the number of R&D personnel and their salaries [5] Group 6: Management and Sales Expenses - Management expenses in 2021 were 183 million yuan, a 42.45% increase year-on-year, mainly due to the cessation of national social security reductions and rising operational costs [5] - Sales expenses were 68 million yuan, up 18.22% year-on-year, attributed to the expansion of sales scale and corresponding increases in personnel compensation and travel expenses [5] Group 7: Inventory and Risk Management - As of the end of 2021, the company's inventory was 3.681 billion yuan, a year-on-year increase of 30.83%, primarily due to order growth and concentrated reserves [5] - The company conducts regular impairment tests on inventory, indicating a low overall risk of impairment [5] Group 8: Corporate Reform - The company is actively implementing the "Three-Year Action Plan for State-Owned Enterprise Reform," focusing on improving corporate governance and enhancing market-oriented mechanisms [5]

Group 1: R&D Investment - The company's R&D expenses for 2021 amounted to 775 million CNY, representing a year-on-year increase of 34.17% [2] - The R&D expenditure to revenue ratio has consistently remained above 20% in recent years, indicating a strong commitment to innovation [4] - The company aims to enhance R&D efficiency by implementing strict management and evaluation of research funding [3] Group 2: Corporate Strategy and Performance - The company is actively implementing the "Three-Year Action Plan for State-Owned Enterprise Reform" to improve governance and market-oriented personnel selection [3] - Future growth strategies include focusing on high-end, high-quality, and high-tech development while leveraging capital market resources [3] - The company achieved good operating results in 2021, expanding both customer and product boundaries [4] Group 3: Market Communication and Shareholder Engagement - The company plans to maintain active communication with the capital market and ensure compliance with information disclosure obligations regarding stock buybacks or equity incentives [3] - The management emphasizes the importance of steady operational performance to provide good returns to shareholders [3]

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 688,298,268.44 in 2021, representing a 31.58% increase from RMB 523,083,902.76 in 2020[5]. - Total operating revenue for 2021 was RMB 3,450,935,749.33, marking a 28.00% increase compared to RMB 2,696,095,416.32 in 2020[21]. - The basic earnings per share for 2021 was RMB 0.89, up 30.88% from RMB 0.68 in 2020[23]. - The company's total assets increased by 24.91% to RMB 8,587,708,564.75 at the end of 2021, compared to RMB 6,874,899,063.96 at the end of 2020[21]. - The net assets attributable to shareholders rose by 20.34% to RMB 3,615,253,837.70 at the end of 2021, compared to RMB 3,004,155,569.26 at the end of 2020[21]. - The cash flow from operating activities showed a significant decrease of 58.38%, amounting to RMB 334,549,043.62 in 2021, down from RMB 803,856,496.42 in 2020[21]. - The weighted average return on equity increased to 20.88% in 2021, compared to 18.90% in 2020, reflecting a growth of 1.98 percentage points[23]. - The company reported a significant increase in inventory, leading to a decrease in net cash flow from operating activities compared to the same period last year[26]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of RMB 1.0 per 10 shares to all shareholders, based on the total share capital as of the dividend record date[5]. - The company achieved a net profit attributable to shareholders of the listed company reached CNY 688.30 million, an increase of 31.58% compared to the previous year[31]. - The company has maintained a high R&D investment ratio of over 20%, enhancing its technological leadership and innovation capabilities[41]. Research and Development - The company has established a comprehensive service system covering the entire product lifecycle, enhancing customer satisfaction and service quality[42]. - The company is actively developing new generation rail and urban rail communication products, laying the foundation for market expansion[40]. - The company's total R&D expenses for 2021 amounted to ¥775,435,751.76, representing 22.47% of total revenue, indicating a strong commitment to innovation and technology development[56][59]. - The company is focusing on research and development of new technologies to enhance product offerings and maintain competitive advantage[95]. Market Expansion and Strategy - The company aims to enhance its market share in military communication by focusing on systematization, networking, and diversified product offerings[72]. - The company plans to leverage advanced communication technologies, including quantum communication and cognitive communication, to improve military communication capabilities[72]. - The company is committed to expanding its presence in the civil wireless communication sector, particularly in railway and urban rail transit communications, with significant investments planned[73]. - The company is expanding its market share in the railway and urban rail transit sectors while maintaining its original market share in civil communication products[78]. Governance and Compliance - The company has held three shareholder meetings and seven board meetings during the reporting period, ensuring compliance with governance regulations[83][85]. - The company maintains independence from its controlling shareholder, ensuring no adverse effects on governance structure or shareholder interests[84]. - The company has not faced any penalties from securities regulatory authorities in the past three years, indicating compliance with regulations[106]. - The company has confirmed that there are no major non-operating fund occupations by controlling shareholders or related parties during the reporting period[148]. Risks and Challenges - The company faces risks related to R&D investment, including the potential for high costs and long development cycles without guaranteed revenue[79]. - The company is addressing the risk of intensified market competition due to the increasing number of competitors in the military-civilian integration sector[80]. - The company is working to mitigate production cost increases caused by fluctuations in the prices of upstream chips and components[80]. Related Party Transactions - The total amount of related party transactions during the reporting period was RMB 29,255.18 million, with no significant adverse impact on the company's independence, financial status, or operating results[156]. - The company purchased materials from Tianjin Tongguang Group Co., Ltd. for RMB 7,821.10 million, which was 41.59% higher than the market price[155]. - The company engaged in transactions with Tianjin Jinguang Technology Co., Ltd. for RMB 4,319.03 million, representing a 22.97% premium over market pricing[155]. Employee and Operational Efficiency - The company has implemented a dynamic salary management policy to enhance employee motivation and performance[121]. - The company has established a comprehensive training system to enhance the skills and performance of its core talent[122]. - The company achieved a significant increase in employee satisfaction, with a score of 97.65% in the latest internal survey[92]. Environmental and Social Responsibility - The company has established a complete environmental management system and obtained ISO14001 certification[133]. - The company was recognized as a "National Green Factory" and included in the 2021 Green Manufacturing List by the Ministry of Industry and Information Technology[135]. - The company spent approximately 230,000 yuan on poverty alleviation and agricultural assistance, benefiting local farmers and enhancing employee welfare[138].