2021 年第三季度报告 证券代码：603773 证券简称：沃格光电 江西沃格光电股份有限公司 2021 年第三季度报告 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。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 2021 年第三季度报告 | 经营活动产生的现金流 | 不适用 | 不适用 | -22,640,361.94 | | -135.74 | | --- | --- | --- | --- | --- | --- | | 量净额 | | | | | | | 基本每股收益（元/股） | -0.0749 | -220.42 | -0.0548 | -134.79 | | | 稀释每股收益（元/股） | -0.0749 | -220 ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with total revenue reaching RMB 500 million, representing a year-on-year growth of 25%[11]. - The net profit for the first half of 2021 was RMB 80 million, an increase of 15% compared to the same period last year[11]. - The company's operating revenue for the first half of the year reached ¥401,849,551.17, representing a 49.13% increase compared to ¥269,455,441.68 in the same period last year[18]. - The net profit attributable to shareholders decreased by 72.76% to ¥2,456,039.55 from ¥9,017,166.81 year-on-year[18]. - The basic earnings per share fell by 72.40% to ¥0.0263 from ¥0.0953 in the previous year[19]. - The total assets increased by 12.56% to ¥2,265,247,403.45 from ¥2,012,544,176.06 at the end of the previous year[18]. - The company reported a total revenue of 4,900.00 million, with a slight decrease of 0.04% compared to the previous period[65]. - The company achieved a net profit of 1,688.52 million, reflecting a significant decline of 407.49 million compared to the previous period[65]. User and Market Growth - User data showed an increase in active users by 30%, reaching a total of 1.2 million active users by the end of June 2021[11]. - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share in the region by 2023[11]. - Qualcomm predicts 5G smartphone shipments of 200 million, 500 million, and 750 million units for 2020-2022, with a 4.6% year-on-year growth expected in China's smartphone shipments in 2021, reaching 340 million units[29]. - The global foldable smartphone market is expected to double in 2021, reaching approximately 9 million units, indicating significant growth potential in this niche market[30]. - Emerging markets are anticipated to drive demand for displays in new industries such as smart cities, smart healthcare, and IoT applications, spurred by the commercialization of 5G technology[31]. Research and Development - New product development includes the launch of a next-generation OLED display technology, expected to increase production efficiency by 40%[11]. - The company has allocated RMB 50 million for research and development in the second half of 2021, focusing on innovative display technologies[11]. - The company holds 282 domestic patents, including 73 invention patents, and has filed for 78 additional invention patents, demonstrating strong innovation capabilities[34]. - The company is a leading domestic player in thin-film technology for TFT-LCD and OLED glass, with ongoing R&D projects aimed at product upgrades[34]. - The company has developed advanced coating technologies, including ITO and In-Cell anti-interference high-resistance coatings, with successful mass production since 2016[35]. - The company continues to enhance its R&D capabilities, focusing on AG, AR, and AF technologies for high-end display applications[42]. - The company's R&D investment reached ¥22,429,126.62, a 65.86% increase compared to the same period last year, accounting for 5.58% of total revenue[43]. Acquisitions and Industrial Expansion - The company has extended its industrial chain through acquisitions, including stakes in Huichen Electronics and Beijing Baoang, enhancing its capabilities in high-end optical film materials and precision integrated circuit design[26]. - The company has completed acquisitions of 51% stakes in Huichen Electronics and Beijing Baoang, and a 60% stake in Xingwei Electronics, enhancing its supply capabilities in the display industry[32]. - The company acquired 31% of Shenzhen Huichen Electronics for CNY 26.97 million, raising its stake to 51%[59]. - The company purchased 51% of Beijing Baoang for CNY 204 million, establishing it as a subsidiary[60]. - The acquisition of 60% of Dongguan Xingwei Electronics involved a cash investment of CNY 25 million for capital increase and CNY 50 million for equity transfer[62]. Financial Position and Cash Flow - The company has maintained a strong cash flow position, with cash and cash equivalents amounting to RMB 200 million as of June 30, 2021[11]. - The company reported a net cash flow from operating activities of -¥45,727,893.78, indicating a significant cash outflow compared to -¥4,616,131.86 in the same period last year[18]. - The company reported a cash and cash equivalents balance of RMB 351,506,368.13 as of June 30, 2021, down from RMB 475,343,240.19 at the end of 2020, a decrease of about 26.00%[163]. - The total liabilities increased to RMB 675,210,722.89 from RMB 397,350,287.90, which is an increase of approximately 69.94%[165]. - The short-term borrowings rose to RMB 262,975,311.66 from RMB 149,939,360.83, representing an increase of about 75.51%[164]. Environmental Compliance - The company has implemented pollution prevention measures and has not faced any environmental pollution incidents during the reporting period[82]. - The company’s wastewater online monitoring system is maintained by Jiangxi Yizheng Environmental Protection Technology Company, ensuring normal operation during the reporting period[82]. - The company strictly adheres to the "three simultaneous" requirements for environmental impact assessments for construction projects, ensuring compliance with legal regulations[83]. - The company has established an emergency response mechanism for environmental pollution incidents, with a registered emergency plan number of 360502-2018-009-L[84]. - The company emphasizes sustainable development and actively promotes energy conservation and emission reduction activities[88]. Shareholder Commitments and Governance - The company’s major shareholder and actual controller, Yi Weihua, committed to not transferring or entrusting the management of shares held directly or indirectly for 36 months post-IPO[94]. - The company reported a commitment to stabilize stock prices for three years post-IPO[92]. - The company has committed to ensuring that fundraising is used for its intended purposes and to accelerate the implementation of fundraising projects[108]. - The controlling shareholder has assured that there are currently no violations regarding guarantees or fund occupation related to the company[128]. - The company has received commitments from major shareholders to reduce and regulate related party transactions, ensuring no misuse of funds or assets[131]. Legal Matters - The company won a lawsuit against Chunghwa Picture Tubes, with a judgment amounting to $8,474,476.84, plus interest calculated at an annual rate of 5% from January 24, 2019, until payment is made[137]. - The company is involved in a legal dispute with Qintai Sheng Intelligent Technology, seeking a total of RMB 543,319, which includes various claims such as deposit refunds and damages[138]. - The court upheld the original ruling in the case against Qintai Sheng, confirming the company is to receive RMB 381,879 as part of the final settlement[138]. Corporate Structure and Changes - The company experienced changes in senior management, with Xu Wenjun resigning as General Manager and Director, and Yi Weihua appointed as the new General Manager and Chairman[75]. - The first phase of the stock option incentive plan was completed with the initial grant registration on February 22, 2021[77]. - The company held a temporary shareholders' meeting on August 23, 2021, to approve the election of new directors[75]. - The company has not reported any updates or changes regarding disclosed environmental information during the reporting period[88].

2021 年第一季度报告 公司代码：603773 公司简称：沃格光电 江西沃格光电股份有限公司 2021 年第一季度报告 1 / 25 2.1 主要财务数据 3 / 25 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比 上年度末增减 (%) 总资产 2,052,479,712.73 2,012,544,176.06 1.98 归属于上市公司股东的净资产 1,602,055,308.42 1,615,193,888.16 -0.81 年初至报告期末 上年初至上年报告期 末 比上年同期增 减(%) 经营活动产生的现金流量净额 -92,212,795.73 68,189,912.16 -235.23 年初至报告期末 上年初至上年报告期 末 比上年同期增 减（%） 营业收入 188,790,945.05 105,300,068.64 79.29 归属于上市公司股东的净利润 10,905,073.91 -6,256,489.09 不适用 归属于上市公司股东的扣除非 经常性损益的净利润 10,067,584.38 -7,226,006.35 不适用 加权平均净资产收益率（%） 0.67 -0.39 增加 1. ...

Financial Performance - The company's operating revenue for 2020 was ¥604,157,536.52, representing a 15.23% increase compared to ¥524,324,061.46 in 2019[22]. - The net profit attributable to shareholders for 2020 was ¥14,110,621.93, a decrease of 72.28% from ¥50,904,512.75 in 2019[22]. - The basic earnings per share for 2020 was ¥0.1492, down 72.27% from ¥0.5381 in 2019[23]. - The total assets at the end of 2020 were ¥2,012,544,176.06, an increase of 11.23% from ¥1,809,304,220.46 at the end of 2019[22]. - The net cash flow from operating activities for 2020 was ¥108,632,381.38, a 39.17% increase from ¥78,056,509.16 in 2019[22]. - The weighted average return on equity for 2020 was 0.87%, a decrease of 2.28 percentage points from 3.15% in 2019[23]. - The company reported a diluted earnings per share of ¥0.1492 for 2020, consistent with the basic earnings per share[23]. - The total net profit attributable to shareholders for Q4 2020 was a loss of ¥785,648.27, indicating volatility in quarterly performance[25]. - Non-recurring gains and losses for 2020 totaled ¥8,771,126.45, compared to ¥12,062,913.77 in 2019[27]. Dividend and Share Capital - The company plans to distribute a cash dividend of RMB 0.52 per 10 shares, totaling RMB 4,868,809.71, which represents 34.50% of the net profit attributable to shareholders for 2020[5]. - The company intends to increase its share capital by 3 shares for every 10 shares held, resulting in a total share capital of 122,684,843 shares after the increase[6]. Audit and Compliance - The company has received a standard unqualified audit opinion from Zhongqin Wanxin Certified Public Accountants[4]. - The company has not faced any non-operating fund occupation by controlling shareholders or related parties[8]. - The company has not violated decision-making procedures for external guarantees[8]. - The company's financial report is guaranteed to be true, accurate, and complete by its board of directors and senior management[7]. - The company emphasizes strict compliance with legal regulations to ensure transparent management and protect shareholder interests[97]. Risk Management - The company emphasizes the importance of investment risk awareness regarding forward-looking statements in the report[7]. - The company has a comprehensive risk management strategy in place to address potential risks outlined in the report[8]. - The company faces risks from intense market competition and potential price fluctuations in the consumer electronics sector, which could impact profitability and market share[98]. - The company is exposed to talent retention risks, particularly for core technical personnel, which could impact product quality and innovation capabilities[99]. - The company faces risks related to high accounts receivable, which may increase due to rapid business growth and could lead to financial risks if not managed properly[100]. Business Segments and Market Trends - The company operates in two main business segments: optoelectronics and optical devices, focusing on processing FPD optoelectronic glass substrates for mobile smart terminal products such as smartphones and tablets[31]. - In 2020, global smartphone shipments reached 1.292 billion units, a year-on-year decline of 5.86%, while 5G smartphone shipments are projected to grow significantly, reaching 750 million units by 2022[35]. - The domestic smartphone market saw shipments of 296 million units in 2020, a decrease of 20.4%, with 5G smartphones accounting for 55.1% of total shipments[35]. - The company is focusing on the development of new products and technologies to adapt to the increasing demand for thinner glass substrates and larger sizes in the display industry[37]. - The company aims to enhance its core competitive advantages through collaboration with end customers and accelerate the commercialization of its core technologies[39]. Research and Development - The company has established a strong R&D team with multiple national and provincial technology centers, enhancing its innovation capabilities[42]. - The company holds 157 domestic patents, including 60 invention patents, and has 67 invention patents pending[44]. - The company has developed advanced etching and coating technologies, maintaining a leading position in the TFT-LCD and OLED glass sectors[44]. - The company plans to build a new R&D center and improve its R&D conditions, with an emphasis on developing new technologies and processes for optical glass coating, including 3D glass cover and back panel products[123]. Financial Management - Cash and cash equivalents decreased by 33.44% to ¥475,343,240.19 due to the acquisition of Dongguan Shangyu Company, which cost approximately ¥260 million[40]. - Accounts receivable decreased by 95.42% to ¥100,000.00, primarily due to a reduction in endorsed notes receivable[40]. - Prepayments increased significantly by 833.40% to ¥25,350,055.39, mainly due to increased prepayments for OLED display screen purchases[40]. - The company has committed to measures to fill the dilution of immediate returns as per relevant laws and regulations[121]. - The company will implement a profit distribution policy that emphasizes stable returns for investors, with plans for shareholder dividends post-IPO[124]. Shareholder Commitments - The company’s controlling shareholder, Yi Weihua, committed not to transfer or entrust the management of shares held directly or indirectly for 36 months post-IPO[110]. - The company’s management and shareholders are bound by commitments to ensure no misleading statements or omissions in financial reporting[109]. - The company has established a plan to stabilize share prices as part of its commitments[109]. - The company will publicly disclose reasons for any failure to meet commitments and apologize to shareholders and investors[138]. Environmental Management - The company has not experienced any environmental pollution incidents during the reporting period and has not been penalized by regulatory authorities[175]. - The company has implemented an online monitoring system for wastewater, which has been operating normally during the reporting period[175]. - The company has established an emergency response plan for environmental incidents, which was rehearsed on May 22, 2020[178]. - The company has actively invested in pollution prevention and control measures, enhancing its environmental management practices[175]. Legal Matters - The company is involved in a significant lawsuit regarding a payment dispute, with a claim amounting to USD 8,474,476.84[157]. - The company has received partial payment of USD 1,260.06 related to the lawsuit, with further distributions expected[157]. - The company is awaiting further developments in the legal proceedings and will disclose updates as necessary[158].

证券代码：603773 证券简称：沃格光电 江西沃格光电股份有限公司投资者关系活动记录表 编号：2020-007 | --- | --- | --- | --- | |------------------------------|--------------------------------------|--------------------------------------------------------------|-----------------------------------------------------------------| | 投 资 者 \n关 系 活 \n动类别 | √ \n□新闻发布会 \n√ 现场参观 □其他 | 特定对象调研 □分析师会议 \n□媒体采访 □业绩说明会 \n□路演活动 | | | 参与单 | | | | | 位名称 | 中金公司：胡誉镜、刘莹莹 | | | | 及人员 | 银华基金：陈日华 | | | | 姓名 | | | | | | | | | | 时间 | 2020 年 12 月 15 日 | 下午 14 ： 00-16 ： 00 | | | ...

2020 年第三季度报告 公司代码：603773 公司简称：沃格光电 江西沃格光电股份有限公司 2020 年第三季度报告 1 / 27 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | 本报告期末 | | 上年度末 | | 末增减(%) | 本报告期末比上年度 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 总资产 | 2,083,354,284.26 | | 1,809,304,220.46 | | | | 15.15 | | 归属于上市公司股东的净 | 1,615,900,233.77 | | 1,616,407,746.30 | | | | -0.03 | | 资产 | | | | | | | | | | 年初至报告期末 | | 上年初至上年报告期末 | | 比上年同期增减(%) | | | | | （1-9 月） ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2020, representing a year-on-year increase of 15%[20]. - The net profit attributable to shareholders was RMB 80 million, with a profit margin of 16%, showing a growth of 10% compared to the same period last year[20]. - The company's operating revenue for the first half of the year was approximately ¥269.46 million, representing a year-on-year increase of 2.87% compared to ¥261.94 million in the same period last year[21]. - The net profit attributable to shareholders decreased significantly by 77.03%, amounting to approximately ¥9.02 million, down from ¥39.25 million in the previous year[21]. - The basic earnings per share dropped by 77.03% to ¥0.0953, compared to ¥0.4149 in the same period last year[22]. - The net cash flow from operating activities turned negative at approximately -¥4.62 million, a decline of 108.75% from ¥52.78 million in the previous year[21]. - The total assets increased by 13.94% to approximately ¥2.06 billion, up from ¥1.81 billion at the end of the previous year[21]. - The weighted average return on equity decreased by 1.84 percentage points to 0.56% from 2.40% in the same period last year[22]. - The company achieved a revenue of ¥269,455,441.68, representing a year-on-year growth of 2.87%[47]. - The net profit attributable to shareholders was ¥9,017,166.81 during the reporting period[47]. - Operating profit decreased by 73.17% to CNY 13,498,378.71, primarily due to a decline in gross margin and reduced government subsidies[59]. - Net profit fell by 77.03% to CNY 9,017,166.81, attributed to increased management expenses, R&D costs, and asset impairment losses[59]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by the end of 2021[20]. - The company aims to leverage its technological advantages in micro-circuit technology and device processing to capitalize on the growth opportunities presented by the 5G market[29]. - The demand for in-car displays is increasing due to the growth of safety features, navigation systems, and entertainment systems in vehicles, driven by government support for the new energy vehicle industry[33]. - The company is focused on integrating its business operations, which enhances customer loyalty and reduces supply chain management costs[38]. - The company is investing in projects to expand its TFT-LCD glass processing and special functional coating processing capacities, which are expected to enhance competitiveness but may face market and operational risks[70]. Research and Development - The company has allocated RMB 50 million for research and development in 2020, focusing on OLED technology advancements[20]. - New product development includes the launch of a Mini LED display technology, expected to contribute an additional RMB 100 million in revenue in the next fiscal year[20]. - The company has a strong R&D team and has established several research centers, enhancing its innovation capabilities and ensuring a robust product development pipeline[38]. - The company holds 137 domestic patents, including 50 invention patents, and is actively pursuing additional patents to strengthen its intellectual property portfolio[40]. - R&D investment for the reporting period was CNY 13,522,855.08, an increase of 42.49% year-on-year, accounting for 5.02% of total revenue[53]. - Research and development expenses for the first half of 2020 were CNY 13,522,855.08, compared to CNY 9,490,658.13 in the same period of 2019, indicating a 42.5% increase[158]. Risks and Challenges - The company faces risks from intense market competition in the FPD optical glass processing industry, which may lead to reduced market share and declining average profit margins due to increased capacity and new entrants[66]. - The company is exposed to risks related to product price fluctuations, as the consumer electronics industry is characterized by rapid product updates and declining prices, which could adversely affect profitability if not managed effectively[67]. - The company has a significant amount of accounts receivable, which may pose financial risks if market conditions change or if there are delays in payment collection[69]. - The company is at risk of talent loss, particularly among core technical personnel, which could impact product quality and innovation capabilities[68]. - The company has a high customer concentration risk, primarily selling to display panel manufacturers, which could adversely affect business performance if major customers reduce or cease orders[70]. Acquisitions and Partnerships - The total amount for the acquisition of Dongguan Shangyu Industrial Investment Co., Ltd. and Shenzhen Huihe Network Technology Co., Ltd. is RMB 258,000,000[72]. - The company acquired 100% equity of Shenzhen Huihe Network and 100% equity of Shangyu Industrial, making them wholly-owned and subsidiary companies respectively[72]. - The company has established partnerships with major clients such as OPPO, VIVO, and CRRC for the commercialization of electrochromic technology and Mini LED glass substrate technology[34]. - The company signed a framework procurement contract with Shanghai Hehui Optoelectronics, a leading OLED panel manufacturer, to accelerate entry into the smart wearable market and establish a long-term strategic partnership[127]. Corporate Governance and Compliance - The company has committed to a profit distribution policy that emphasizes stable returns for investors, ensuring compliance with regulations and shareholder interests[94]. - The company will ensure that any gains from violations of shareholding commitments will be returned to the company[83]. - The company has measures in place to compensate for any dilution of immediate returns due to the public offering, in accordance with regulatory guidelines[90]. - The company will cooperate with the audit firm to ensure compliance with internal control standards[118]. - The company has committed to comply with relevant laws and regulations regarding related party transactions and will not seek benefits beyond agreed terms[118]. Environmental Responsibility - The company has implemented effective pollution control measures, with no environmental pollution incidents reported during the reporting period[135]. - The company has established an emergency response plan for environmental pollution incidents, which has been filed with the relevant environmental protection department[137]. - The company conducted self-monitoring in accordance with the new discharge permit and reported monitoring results to government platforms[138]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,828[143]. - The largest shareholder, Yi Weihua, held 25,834,251 shares, representing 27.31% of the total shares, with 18,930,000 shares pledged[145]. - The company’s controlling shareholder has committed to not transferring shares for 36 months post-IPO[79]. - The company has fulfilled all commitments made by its controlling shareholders and related parties during the reporting period[77].

2020 年第一季度报告 公司代码：603773 公司简称：沃格光电 江西沃格光电股份有限公司 2020 年第一季度报告 1 / 23 | 一、重要提示 | 3 | | --- | --- | | 二、公司基本情况 | 3 | | 三、重要事项 | 5 | | 四、附录 | 7 | 二、 公司基本情况 2.1 主要财务数据 | | 本报告期末 | 上年度末 | 本报告期末比上 年度末增减(%) | | --- | --- | --- | --- | | 总资产 | 1,822,450,711.79 | 1,809,304,220.46 | 0.73 | | 归属于上市公司股东的净资产 | 1,610,151,257.21 | 1,616,407,746.30 | -0.39 | | | 年初至报告期末 | 上年初至上年报告期 | 比上年同期增减 | | | | 末 | (%) | | 经营活动产生的现金流量净额 | 68,189,912.16 | 52,605,545.77 | 29.62 | | | 年初至报告期末 | 上年初至上年报告期 | 比上年同期增减 | | | | 末 | （%） | | 营业收入 ...

2019 年年度报告 公司代码：603773 公司简称：沃格光电 江西沃格光电股份有限公司 2019 年年度报告 1 / 211 2019 年年度报告 重要提示 三、 中勤万信会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人易伟华、主管会计工作负责人刘良军及会计机构负责人（会计主管人员）李志勇 声明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 公司经第三届董事会第二次会议审议通过了《关于公司2019年度利润分配预案的议案》，经 综合考虑股东的合理回报和公司的长远发展，在保证公司正常经营所需资金的前提下，2019年度 利润分配预案为：以2019年末公司总股本94,595,556股为基数，向利润分配预案实施时股权登记 日登记在册的全体股东每10股派发现金红利1.62元（含税），共计派发现金红利15,324,480.07 元（含税）。公司剩余未分配利润结转下一年度。本年度不送红股也不实施资本公积金转增股本 。本预案尚需股东大会审议通过。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中涉及的未来计划、发展战略等前 ...

江西沃格光电股份有限公司 2019 年第三季度报告 1 / 29 2019 年第三季度报告 公司代码：603773 公司简称：沃格光电 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 10 | 2019 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人易伟华、主管会计工作负责人刘良军及会计机构负责人（会计主管人员）李志勇 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 29 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 1,836,058,428.54 1,797,331,669.30 2.15 归属于上市公司 股东的净资产 ...