证券代码：603738 证券简称：泰晶科技 泰晶科技股份有限公司投资者关系活动记录表 编号：2022-004 | --- | --- | --- | |-----------------------------|------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | 特定对象调研 □分析师会议 | | 投资者关系活动 | | □媒体采访 □业绩说明会 | | 类别 | □新闻发布会 | □路演活动 | | | 现场参观 | 其他（电话会） | | | | 碧云资本、博时基金、成泉资本、乘是资产、东方证券自营、 | | | | 方正富邦、沣谊投资、歌斐 ...

证券代码：603738 证券简称：泰晶科技 泰晶科技股份有限公司投资者关系活动记录表 编号：2022-006 | --- | --- | --- | --- | --- | |----------------|------------------------|--------------------------------------------------------|----------|-------------| | | | | | | | | | □特定对象调研 □分析师会议 | | | | 投资者关系活动 | □媒体采访 | 业绩说明会 | | | | 类别 | □新闻发布会 □路演活动 | | | | | | □现场参观 | | | | | | □其他 | | | | | 参与单位名称及 | 参加 2022 | 年湖北辖区上市公司投资者集体接待日暨 | | 2021 年度 | | 人员姓名 | 业绩说明会的投资者 | | | | | 时间 2022 | 年 6 月 16 日 | 14:00-16:00 | | | | | 地点 "全景•路演天下"（ | http://rs.p5w.net ） | ...

Financial Performance - Revenue for Q3 2022 was CNY 207,542,748.36, a decrease of 37.97% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was CNY 43,081,729.70, down 42.98% year-over-year[4] - Basic earnings per share for Q3 2022 was CNY 0.16, a decline of 60.00% compared to the previous year[4] - Total operating revenue for the first three quarters of 2022 was approximately ¥732.71 million, a decrease of 18.4% compared to ¥897.92 million in the same period of 2021[17] - Operating profit for the first three quarters of 2022 was approximately ¥209.53 million, an increase of 3.0% from ¥201.93 million in 2021[17] - Net profit for the first three quarters of 2022 was approximately ¥180.56 million, up 6.5% from ¥170.16 million in the same period of 2021[18] - Basic earnings per share for the first three quarters of 2022 was ¥0.81, down from ¥0.96 in 2021[18] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 2,044,977,348.21, a decrease of 3.23% from the end of the previous year[5] - The company's current assets totaled RMB 1,141,716,349.58, down from RMB 1,208,282,065.92 at the end of 2021, indicating a decrease of about 5.5%[13] - Total liabilities decreased to RMB 252,666,034.94 from RMB 444,989,597.89, marking a significant reduction of about 43.3%[14] - The company's long-term investments decreased to RMB 10,579,400.02 from RMB 13,896,216.42, a decline of about 23.5%[13] Shareholders' Equity - Shareholders' equity attributable to the parent company increased by 7.50% to CNY 1,775,870,119.29 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to RMB 1,775,870,119.29 from RMB 1,651,950,637.75, showing an increase of approximately 7.5%[14] Cash Flow - Cash flow from operating activities for the year-to-date increased by 40.69% to CNY 263,164,296.70[4] - Cash flow from operating activities for the first three quarters of 2022 was approximately ¥263.16 million, an increase of 40.7% compared to ¥187.06 million in 2021[21] - Cash inflow from operating activities totaled approximately ¥748.30 million in 2022, compared to ¥687.94 million in 2021, reflecting a growth of 8.7%[21] - The cash and cash equivalents at the end of the period were ¥660,146,160.19, down from ¥667,707,675.70 at the beginning of the period, resulting in a net decrease of ¥7,561,515.51[22] Operational Insights - The decline in revenue was primarily attributed to market conditions and a decrease in customer orders due to the pandemic[7] - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[7] Other Financial Information - Non-recurring gains and losses for Q3 2022 totaled CNY 5,331,644.06, significantly lower than CNY 33,061,622.44 for the same period last year[6] - The company reported a financial assistance of RMB 21,464,050.89 to Shenzhen Penghe Precision Technology Co., Ltd., which remains unpaid as of the reporting date[11] - The company has recognized a bad debt provision in accordance with accounting prudence for the outstanding amount owed by Shenzhen Penghe[11] - The company's inventory increased to RMB 201,757,861.56 from RMB 178,590,737.14, reflecting an increase of approximately 12.9%[13] - Other income for the first three quarters of 2022 was approximately ¥14.46 million, significantly higher than ¥5.26 million in 2021, marking an increase of 174.5%[17] - The company reported a net cash outflow from investing activities of approximately ¥15.09 million in 2022, compared to an inflow of ¥2.40 million in 2021[21] - The total cash outflow from investment activities amounted to ¥111,486,370.60, with a net cash flow from investment activities of -¥96,393,147.60[22] - The total cash inflow from financing activities was ¥862,718,731.75, while the net cash flow from financing activities was -¥190,151,085.21[22] - The company received ¥638,722,731.75 from investment absorption, including cash from minority shareholders[22] - The company paid ¥100,000,000.00 for debt repayment and ¥77,893,395.21 for dividend distribution during the financing activities[22] - The impact of exchange rate changes on cash and cash equivalents was an increase of ¥15,818,420.60[22] - The company reported a significant increase in cash equivalents compared to the previous period, which was ¥686,433,015.10[22] - The company has not adopted new accounting standards or interpretations for the current year[22] - The financial report was presented by the company’s management team, including the head of accounting and the accounting institution head[22]

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 15% compared to RMB 435 million in the same period of 2021[14]. - The company's operating revenue for the first half of 2022 was ¥525,168,244.33, a decrease of 6.78% compared to the same period last year[21]. - Net profit attributable to shareholders increased by 42.09% year-on-year, reaching ¥135,697,474.89, primarily due to adjustments in product structure leading to improved gross margins[22]. - The company has set a performance guidance of achieving a net profit of RMB 100 million for the full year 2022, representing a 20% increase from 2021[14]. - The company's main business gross margin improved to 40.47%, up from 34.25% in the same period last year, reflecting a 6.22% increase[56]. - The net cash flow from operating activities rose by 63.01% year-on-year, amounting to ¥185,613,661.07, driven by increased customer repayments[22]. - Basic earnings per share for the first half of 2022 was ¥0.65, an increase of 18.18% compared to the same period last year[22]. - The company reported a total comprehensive income of CNY 135,697,474.89 for the first half of 2022[156]. Market Expansion and Product Development - Future outlook includes a projected revenue growth of 25% for the second half of 2022, driven by new product launches and market expansion efforts[14]. - The company plans to launch three new product lines in Q3 2022, targeting the automotive and consumer electronics sectors[14]. - Market expansion plans include entering two new international markets by the end of 2022, aiming to increase overseas sales by 30%[14]. - The company is investing RMB 50 million in R&D for new technologies, focusing on enhancing the performance of quartz crystal components[14]. - The company is actively expanding into emerging markets such as 5G terminals, automotive electronics, and IoT, aligning product development with market trends[59]. Research and Development - The company is focused on innovation in new products and processes, enhancing its competitive edge in the quartz crystal component market[40]. - The company has developed core technologies in packaging and testing, enabling mass production of micro-sized, high-precision quartz crystal resonators[40]. - Research and development expenses increased by 21.35% to ¥29,903,818.97 compared to ¥24,642,812.65 in the previous year[65]. - The company has successfully developed high-stability, low-phase noise, and high-precision crystal oscillators, achieving industry-leading phase noise technical parameters[48]. - The company has developed multiple core technologies for small-sized quartz crystal resonators, including chip development, component packaging, and testing[48]. Industry Trends and Positioning - The company operates in the quartz crystal component industry, which is characterized by high technical requirements and innovation capabilities[28]. - The industry is experiencing a shift towards high-frequency, miniaturized quartz crystal components to meet the demands of advanced communication technologies[31]. - The penetration rate of new energy vehicles reached 21.6% in the first half of 2022, with production and sales of 2.661 million and 2.600 million units respectively, representing a year-on-year growth of 120%[34]. - By 2025, the number of 5G base stations in China is expected to exceed 3.6 million, with approximately 600,000 new stations built annually from 2021 to 2025[36]. - The market for quartz crystal components is expected to grow significantly due to the increasing demand from the IoT sector, which is projected to reach 30.2 billion connections by 2027, with a compound annual growth rate of 13%[37]. Risks and Challenges - The management highlighted potential risks including supply chain disruptions and increased competition in the quartz crystal market[14]. - The company faces risks related to technology R&D, including the need for continuous investment to keep up with market demands and technological advancements[76]. - The company is at risk of losing tax benefits if it is re-evaluated and found not to meet the criteria for high-tech enterprise status[79]. - The company may face challenges in absorbing new production capacity if market conditions worsen or competition increases[83]. Environmental and Social Responsibility - The company has implemented measures to reduce carbon emissions, including setting air conditioning temperatures to a maximum of 26°C in summer and 20°C in winter, which effectively controls electricity consumption and carbon emissions[93]. - The company has achieved ISO14001:2015 environmental management system certification and conducts annual third-party audits of its environmental management system[92]. - The company actively participates in social responsibility initiatives, providing support to impoverished households and hiring employees from impoverished areas[94]. - Solid waste is recycled and disposed of through qualified units, enhancing resource recovery rates and minimizing waste[93]. Shareholder and Governance Matters - Shareholders Wang Dan and Yu Xinhui committed not to reduce their holdings within three years post-IPO[98][99]. - The company has established a governance structure to ensure compliance with laws and regulations, enhancing operational standards and internal controls[107]. - The company emphasizes the importance of fulfilling commitments related to performance compensation measures to protect shareholder interests[108]. - The company plans to enhance fundraising management and improve capital utilization efficiency to mitigate the risk of dilution and enhance future returns[105]. Financial Position and Capital Structure - The company's total assets at the end of the reporting period were ¥2,054,002,741.37, a decrease of 2.80% from the end of the previous year[21]. - The total liabilities decreased from CNY 444,989,597.89 to CNY 311,630,376.43, a reduction of approximately 30%[140]. - Total equity increased from CNY 1,668,253,493.58 to CNY 1,742,372,364.94, an increase of about 4.4%[140]. - The company reported a significant increase in investment income of 2508.35%, reaching ¥18,392,057.18 due to the disposal of equity in a subsidiary[66].

Group 1: Event Details - The event is scheduled for June 16, 2022, from 14:00 to 16:00 [3][5] - The location is the "Panorama Roadshow" online platform (http://rs.p5w.net) [5] - The format will be an online text interaction [4][5] Group 2: Participation Information - Investors can submit questions by June 15, 2022, at 16:00 via the designated website or company email [4][6] - Investors can participate directly on June 16, 2022, from 14:00 to 16:00 through the internet [6] Group 3: Company Representatives - Key participants include: - Mr. Wang Jintao, Director and General Manager - Mr. Yu Jiashuang, Director and Financial Director - Ms. Huang Xiaohui, Secretary of the Board and Deputy General Manager - Ms. Zhu Liuyan, Securities Affairs Representative [6] Group 4: Purpose of the Event - The event aims to enhance interaction with investors regarding the company's industry status, development strategy, operational performance, financial status, dividend situation, risks, and other investor concerns [4] Group 5: Post-Event Information - After the event, investors can view the event's proceedings and main content on the "Panorama Roadshow" platform [7]

Financial Performance - The net profit attributable to the parent company for 2021 was CNY 244,627,462.73, with retained earnings at CNY 207,152,886.37 by year-end[6]. - The company's operating revenue for 2021 was CNY 1,240,654,491.33, representing a year-on-year increase of 96.64%[23]. - The net profit attributable to shareholders for 2021 was CNY 244,627,462.73, a significant increase of 533.54% compared to the previous year[25]. - The net cash flow from operating activities for 2021 was CNY 349,222,330.43, reflecting a year-on-year growth of 133.51%[25]. - The total assets at the end of 2021 reached CNY 2,113,243,091.47, which is a 53.33% increase from the end of the previous year[25]. - The basic earnings per share for 2021 was CNY 1.35, up 486.96% from CNY 0.23 in 2020[24]. - The weighted average return on equity for 2021 was 20.68%, an increase of 15.64 percentage points compared to the previous year[24]. - The company reported a net profit of CNY 75,551,708.10 in Q3 2021, showing strong quarterly performance[29]. - The company achieved operating revenue of 1,240.65 million yuan, an increase of 96.64% year-on-year[33]. - The net profit attributable to shareholders reached 244.63 million yuan, a year-on-year growth of 533.54%[33]. Profit Distribution - The proposed profit distribution plan includes a cash dividend of CNY 3.80 per 10 shares (tax included) and a capital reserve transfer of 4 shares for every 10 shares held[6]. - The board of directors has fully considered the company's operational situation and investor return needs in the profit distribution plan[6]. - The company emphasizes a stable cash dividend policy, prioritizing cash dividends over stock dividends, with a minimum cash distribution of 20% of distributable profits if no major investments are planned[167]. - The company plans to distribute dividends within two months after the shareholders' meeting, ensuring the protection of minority shareholders' rights[164]. - The company has a clear and complete decision-making process for profit distribution, ensuring the protection of minority shareholders' rights[175]. Risk Management - The company has detailed potential risks in the report, urging investors to be cautious[9]. - The report emphasizes the importance of the company's future plans and development strategies while cautioning investors about risks[7]. - The company faces risks related to new customer development as it aims to expand production capacity and optimize customer structure[122]. - The company must continuously invest in R&D to keep up with the rapid technological advancements in the downstream industry[120]. - The company is exposed to product quality risks, which could lead to returns or recalls if products do not meet performance standards[121]. - The company has a significant risk of investment loss if sales volumes do not meet expectations due to high upfront R&D costs[120]. - The company is at risk of tax policy changes that could affect its high-tech enterprise status and related tax benefits[123]. - The company faces currency exchange risks due to a high proportion of exports and imports settled in Japanese yen and US dollars[126]. Research and Development - R&D expenses for the year amounted to 57.94 million yuan, constituting 4.67% of operating revenue[36]. - The company is committed to continuous R&D investment to enhance its technological capabilities and maintain its market leadership in the quartz crystal industry[45]. - The company has accumulated 133 patents, including 12 invention patents, as of December 31, 2021[70]. - The company is committed to developing high-precision, high-reliability microchip products to capture opportunities in emerging industries like IoT and 5G[118]. - The company has strengthened its R&D capabilities and industrialization levels, significantly increasing its market share in the frequency control device sector[64]. Market Expansion - The company plans to continue expanding its market presence and investing in new product development to sustain growth[25]. - The company expanded its customer base and market penetration, focusing on sectors such as 5G, smart wearables, and automotive electronics[37]. - The company is actively pursuing new product development and market opportunities in response to domestic substitution trends and emerging applications[33]. - The company has established partnerships with major clients such as ZTE, Siemens, and Foxconn, and is actively expanding into automotive electronics and industrial terminals to capture market opportunities[39]. - The company is focusing on enhancing its production efficiency through comprehensive quality management and the implementation of advanced information systems, which has improved product quality and customer satisfaction[41]. Corporate Governance - The company has conducted 11 board meetings and 10 supervisory meetings during the reporting period, ensuring compliance with governance standards[130][131]. - The company is committed to maintaining independence from its controlling shareholder in operations and decision-making processes[131]. - The company has established independent financial management systems, including a separate accounting system and independent bank accounts, ensuring autonomous financial decision-making[134]. - The management team is composed of independent personnel, with all senior executives receiving compensation directly from the company, ensuring operational independence[134]. - The company has a clear governance structure, with a board of directors, supervisory board, and management team operating independently[134]. Environmental and Social Responsibility - The company has implemented a comprehensive environmental protection system and has not faced any penalties for environmental violations since its establishment[136]. - The company actively engages in social responsibility initiatives and plans to increase support for public welfare projects in the future[136]. - The company has achieved multiple certifications, including ISO 14001:2015 for environmental management and QC 080000:2017 for hazardous substance control[191]. - The company has provided financial assistance to impoverished households and has hired employees from impoverished areas[192]. Employee Management - The total number of employees in 2021 was 2,359, with 1,739 in production, 340 in technical roles, and 51 in sales[157]. - The company has a performance-based salary structure, with performance bonuses linked to project completion and individual contributions[158]. - Employees can earn a performance bonus of 15%-20% due to improvements in production efficiency and quality from innovations[160]. - The training program includes various skill development initiatives, ensuring a high-quality talent pool for the company's growth[162]. Future Outlook - Overall, the company remains optimistic about future growth, driven by innovation and market expansion strategies[140]. - Future guidance indicates a cautious outlook, with expectations for gradual recovery in revenue growth[137]. - The company plans to continue investing in research and development to innovate and improve product offerings[137].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 261,902,656.87, representing a year-on-year increase of 4.26%[4] - The net profit attributable to shareholders for Q1 2022 was CNY 73,648,019.56, a significant increase of 93.04% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 48,983,800.07, up by 35.85% year-on-year[4] - Basic earnings per share for Q1 2022 were CNY 0.38, an increase of 72.73% compared to the previous year[4] - Diluted earnings per share were CNY 0.37, reflecting a growth of 68.18% year-on-year[4] - Net profit for Q1 2022 reached CNY 74.40 million, representing a 103.6% increase compared to CNY 36.58 million in Q1 2021[16] - The company’s total comprehensive income for Q1 2022 was CNY 74.40 million, compared to CNY 36.58 million in Q1 2021[16] Cash Flow and Assets - The net cash flow from operating activities reached CNY 111,511,263.72, marking a substantial increase of 232.53%[4] - Cash flow from operating activities generated CNY 111.51 million, significantly higher than CNY 33.53 million in Q1 2021[20] - Cash and cash equivalents were reported at ¥623,080,626.43, a decline of 6.67% from ¥667,707,675.70 at the end of 2021[12] - Cash and cash equivalents at the end of Q1 2022 totaled CNY 623.08 million, compared to CNY 120.51 million at the end of Q1 2021[21] - The total assets at the end of the reporting period were CNY 2,070,872,955.21, a decrease of 2.00% from the end of the previous year[4] - As of March 31, 2022, the company's total assets amounted to ¥2,070,872,955.21, a decrease from ¥2,113,243,091.47 at the end of 2021[12] - The company's current assets totaled ¥1,135,043,469.29, down from ¥1,208,282,065.92 at the end of 2021, reflecting a decrease of approximately 6.03%[12] Liabilities and Equity - Total liabilities decreased to ¥322,162,434.27 from ¥444,989,597.89, indicating a significant reduction of approximately 27.67%[13] - The equity attributable to shareholders increased to ¥1,731,650,096.66 from ¥1,651,950,637.75, marking an increase of about 4.83%[13] - Short-term borrowings decreased significantly from ¥80,000,000.00 to ¥25,000,000.00, a reduction of 68.75%[13] - The equity attributable to shareholders increased to CNY 1,731,650,096.66, representing a growth of 4.82% compared to the previous year[4] Operating Costs and Expenses - Total operating costs decreased to CNY 187.44 million, down 9.0% from CNY 206.03 million in the same period last year[15] - Research and development expenses increased to CNY 14.29 million, up 24.5% from CNY 11.45 million in Q1 2021[15] - The company experienced a credit impairment loss of CNY 14.62 million, compared to CNY 2.41 million in Q1 2021[15] Shareholder Information - The company reported a total of 4,794,384 shares held by major shareholder Wen Meihua, indicating significant shareholder concentration[9] Audit and Product Development - There were no significant changes in the audit opinion type, remaining as unaudited for the current quarter[10] - The company has not disclosed any new product developments or market expansion strategies in the current report[10] Non-Recurring Gains and Losses - Non-recurring gains and losses totaled CNY 24,664,219.49 for the period, after accounting for tax and minority interests[5] - The weighted average return on equity was 4.46%, a decrease of 0.23 percentage points compared to the previous year[4]

证券代码：603738 证券简称：泰晶科技 公告编号：2022-018 泰晶科技股份有限公司 关于接待机构调研情况的公告 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。 泰晶科技股份有限公司（以下简称"公司"）于 2022 年 3 月 9 日至 2022 年 3 月 16 日通过电话会议交流形式接待了机构调研，现将情况公告如下： 一、 调研情况 时间：2022 年 3 月 9 日至 2022 年 3 月 16 日 调研方式：电话会议 调研机构（顺序不分先后）： 嘉实基金、诺安基金、中邮基金、工银瑞信、人保养老、泰康资产、国寿养 老、群益投信、H Capital 等 公司接待人员：副总经理、董事会秘书黄晓辉女士 二、 交流的主要问题及公司回复概要 1、如何看当前国内晶振周期性表现？ 答：当前国内晶振仍处在国产替代的大周期上。首先，国内厂商进两年来加 大了研发投入和先进生产线投入，产品技术指标、质量水平、团队技术能力都有 明显提高，多个系列产品先后被国际一线品牌测试认可。国产替代从 2019 年底 才刚刚开始，中国厂商在大客 ...

Financial Performance - The company's revenue for Q3 2021 reached ¥334,563,539.93, representing a year-on-year increase of 73.59%[3] - Net profit attributable to shareholders was ¥75,551,708.10, a significant increase of 1,190.60% compared to the same period last year[3] - The basic earnings per share (EPS) for the period was ¥0.40, reflecting a 900.00% increase year-on-year[3] - Total operating revenue for the first three quarters of 2021 reached ¥897,916,613.15, a significant increase of 105.5% compared to ¥436,220,522.71 in the same period of 2020[14] - Net profit for the first three quarters of 2021 was ¥170,164,167.60, compared to ¥10,319,978.82 in the same period of 2020, marking a substantial increase of 1,548.5%[16] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.96, compared to ¥0.07 in the same period of 2020[16] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,151,963,029.26, up 56.14% from the end of the previous year[4] - As of September 30, 2021, the company's total assets amounted to RMB 2,151,963,029.26, an increase from RMB 1,378,222,891.78 as of December 31, 2020, reflecting a growth of approximately 56%[11] - The total liabilities increased to 482,317,109.28 RMB from 480,916,838.86 RMB, indicating a slight rise in the company's debt levels[23] - The company's total equity reached RMB 1,563,177,657.81, up from RMB 897,306,052.92, which is an increase of approximately 74%[12] - The company's total equity remained stable at approximately 897,306,347.87 RMB, with a minor increase from 897,306,052.92 RMB[23] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥187,058,175.57, showing a year-on-year increase of 196.77%[3] - Cash flow from operating activities generated a net amount of ¥187,058,175.57, compared to ¥63,030,680.36 in the previous year, indicating a 196.5% increase[19] - The total cash inflow from operating activities was ¥687,939,051.61, compared to ¥474,002,944.51 in the previous year, showing a 45.1% increase[19] - The net cash flow from investing activities was -191,070,139.82 RMB, compared to -126,263,556.42 RMB in the previous year, indicating a significant increase in cash outflow for investments[20] - The net cash flow from financing activities was 503,901,680.37 RMB, a substantial increase from 43,567,170.06 RMB in the same period last year, highlighting strong financing efforts[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,130[8] - Shareholders' equity attributable to the parent company increased by 90.65% to ¥1,551,176,447.74 compared to the previous year-end[4] Operational Highlights - The company reported a significant increase in gross profit margin due to higher product sales and pricing[6] - The company plans to continue expanding its market presence and investing in new product development to sustain growth[6] - The company is focusing on expanding its market presence and enhancing its product offerings, although specific strategies and new products are not detailed in the provided content[13] Expenses - Research and development expenses for the first three quarters of 2021 were ¥39,453,816.06, up from ¥18,379,887.98 in 2020, representing a 114.5% increase[14] - Sales expenses increased to ¥18,426,175.06 from ¥13,564,946.65, reflecting a rise of 36.5%[14] - Management expenses rose to ¥45,738,562.24 from ¥28,009,385.80, an increase of 63.3%[14]

Financial Performance - The net profit attributable to the parent company's shareholders for the first half of 2021 was ¥95,500,999.41, with cumulative undistributed profits reaching ¥196,652,875.17 as of June 30, 2021[4]. - The company's operating revenue for the first half of 2021 was CNY 563,353,073.22, representing a year-on-year increase of 131.37% compared to CNY 243,484,404.81 in the same period last year[21]. - The net profit attributable to shareholders of the listed company reached CNY 95,500,999.41, a significant increase of 1,725.80% from CNY 5,230,634.40 in the previous year[21]. - The net cash flow from operating activities increased by 516.95% to CNY 113,869,844.17, up from CNY 18,456,809.53 in the same period last year[21]. - Basic earnings per share rose to CNY 0.55, reflecting a growth of 1,733.33% compared to CNY 0.03 in the previous year[22]. - The comprehensive gross profit margin improved to 34.25%, up from 20.01% in the same period last year, an increase of 14.24%[76]. - The company achieved a total production of 1.649 billion units and a main business revenue of 504 million yuan in the first half of 2021, with a quarter-on-quarter revenue growth of 37.72% in Q2[50]. Dividend and Shareholder Returns - The proposed cash dividend distribution is ¥3.00 per 10 shares (including tax), with no bonus shares or capital reserve conversion into share capital planned[4]. - The company has established a three-year dividend return plan (2020-2022) to optimize its dividend policy and enhance shareholder returns[129]. - The company plans to distribute a cash dividend of 3.00 CNY per 10 shares (including tax) for the first half of 2021, without issuing bonus shares or increasing capital from reserves[109]. Corporate Governance and Management - The board of directors and management confirm the authenticity, accuracy, and completeness of the semi-annual report, with no false records or major omissions[7]. - The company has appointed new executives, including Wang Jintao as General Manager and Huang Xiaohui as Deputy General Manager, as part of its management restructuring[108]. - The fourth supervisory board, elected on May 7, 2021, will serve a three-year term, consisting of both employee and shareholder representatives[107]. - The company has committed to improving its corporate governance structure and internal control systems to protect shareholder rights and ensure compliance with legal regulations[129]. Research and Development - The company invested 24.64 million yuan in R&D, accounting for 4.37% of operating revenue, focusing on quartz chip technology and semiconductor photolithography processes[78]. - The company has accumulated 117 patents, including 12 invention patents, and has been involved in drafting national electronic industry standards[67]. - The company is focused on enhancing its market competitiveness and sustainable profitability to maximize shareholder investment value[129]. Market Trends and Industry Position - The company operates in the piezoelectric crystal industry, which is subject to various operational risks that are detailed in the report[7]. - The mobile terminal market is experiencing growth, with 5G smartphone shipments reaching 151 million units in the first seven months of 2021, a 94.3% year-on-year increase, accounting for 74.3% of total smartphone shipments[37]. - The automotive electronics market is projected to grow significantly, with the market size expected to reach $148.6 billion by 2026, driven by the increasing penetration of automotive electronics[39]. - The global TWS earphone market is expected to grow from over 250 million units in 2020 to over 500 million units by 2024, with a CAGR of 19.8% from 2020 to 2025, benefiting the electronic components industry[40]. Environmental and Social Responsibility - The company has implemented measures to reduce carbon emissions, including setting air conditioning temperatures to comply with national standards, effectively controlling electricity consumption[116]. - The company donated 20,000 CNY to support poverty alleviation efforts and provided additional living subsidies to impoverished employees[117]. - The company has achieved ISO 14001:2015 environmental management system certification and conducts annual third-party audits[115]. Risks and Challenges - The company faces risks related to technology research and development, particularly in adapting to market trends and ensuring product quality[96]. - The company is subject to risks from potential changes in tax incentives and subsidies related to its high-tech enterprise status[99]. - The company's overseas sales accounted for 15.75% of total revenue, exposing it to foreign exchange risks due to reliance on USD and JPY[101]. Financial Position and Assets - The company's total assets increased by 9.82% to CNY 1,513,543,874.48 from CNY 1,378,222,891.78 at the end of the previous year[21]. - The company's net assets attributable to shareholders reached CNY 898,479,064.00, marking a 10.43% increase from CNY 813,632,909.77 at the end of the previous year[21]. - The total liabilities increased to CNY 603.23 million, up from CNY 480.92 million, representing a growth of approximately 25.4% year-over-year[155]. Production and Capacity Expansion - The company has completed the second phase of the MEMS micro-nano lithography workshop, enhancing production capacity for high-value-added products such as kHz and MHz resonators[54]. - The company has established a complete quartz wafer production line, enabling large-scale production of high-end products and improving the performance of crystal oscillators[55]. - The company is leveraging technological innovation and domestic substitution trends to meet the increasing demand in the electronics components industry driven by 5G and IoT applications[50].