证券代码：603936 证券简称：博敏电子 公告编号：临 2023-047 博敏电子股份有限公司 第四届监事会第二十七次会议决议公告 本公司监事会及全体监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。 博敏电子股份有限公司（以下简称"公司"）第四届监事会第二十七次会议 于 2023 年 8 月 7 日以电子邮件方式发出通知，于 2023 年 8 月 17 日在公司会议 室以现场表决方式召开。本次会议应到监事 3 人，实到监事 3 人，会议由监事会 主席信峰先生召集并主持。本次会议的召集、召开及表决程序符合《中华人民共 和国公司法》《公司章程》《公司监事会议事规则》及《上海证券交易所上市公司 自律监管指引第 1 号——规范运作》等有关规定。会议审议通过了如下议案： 一、审议通过关于公司《2023 年半年度报告及摘要》的议案。 具体内容详见上海证券交易所网站（www.sse.com.cn）同日披露的公司《2023 年半年度报告及摘要》。 监事会认为：（1）公司《2023 年半年度报告及摘要》的编制和审议程序符 合《公开发行证券的公司信息披露内容与格式 ...

关于召开 2023 年第二次临时股东大会的通知 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： 证券代码：603936 证券简称：博敏电子 公告编号：临 2023-050 博敏电子股份有限公司 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2023 年 9 月 8 日 一、 召开会议的基本情况 (一) 股东大会类型和届次 2023 年第二次临时股东大会 召开的日期时间：2023 年 9 月 8 日 13 点 30 分 召开地点：广东省梅州市经济开发试验区东升工业园 B 区公司一楼会议室 股东大会召开日期：2023年9月8日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 至 2023 年 9 月 8 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为 ...

2023 年第一季度报告 证券代码：603936 证券简称：博敏电子 博敏电子股份有限公司 2023 年第一季度报告 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法律责任。 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。 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期增减 变动幅度(%) | | | | --- | --- | --- | --- | --- | | 营业收入 | 655,654,479.27 | | | -0.79 | | 归属于上市公司股东的净利润 | 20,991,609.67 | | | -48.28 | | 归属于上市公司股东的扣除非经常 性损益的净利润 | 15,770,620.73 | | | -50.14 | | 经营活动产生的现金流量净额 | -15,779,082.99 | | | 不适用 | | 基本每股收益（元/股） | 0.0 ...

Financial Performance - The company's operating revenue for 2022 was approximately CNY 2.91 billion, a decrease of 17.28% compared to CNY 3.52 billion in 2021[23]. - The net profit attributable to shareholders for 2022 was CNY 78.58 million, down 67.51% from CNY 241.87 million in 2021[23]. - The basic earnings per share for 2022 was CNY 0.15, a decline of 68.75% from CNY 0.48 in 2021[22]. - The weighted average return on equity decreased to 2.15% in 2022, down 4.68 percentage points from 6.83% in 2021[22]. - The net cash flow from operating activities for 2022 was CNY 203.46 million, a decrease of 25.46% compared to CNY 272.95 million in 2021[23]. - The total profit for the year was CNY 9,234.32 million, down 66.50% compared to the previous year[59]. - The company achieved operating revenue of CNY 291,238.77 million in 2022, a decrease of 17.28% year-on-year[58]. - Total revenue for the reporting period was CNY 2,412,997,971.12, a decrease of 14.66% compared to CNY 2,827,645,411.25 in the previous year[85]. Risk Management - The company emphasizes the importance of risk awareness regarding potential uncertainties in future plans and development strategies[5]. - The report indicates that the company has detailed various risks faced during production and operations, which investors should pay attention to[6]. - The company faces risks from macroeconomic fluctuations and industry volatility, which could impact revenue and net profit if the PCB industry slows down due to economic downturns[120]. - Raw material prices have been under pressure, with significant costs associated with copper, gold, and other commodities, affecting the company's overall gross margin and profitability[121]. - The company experienced goodwill impairment, which significantly impacted net profit and earnings per share[23]. Corporate Governance - The company assures that there are no non-operating fund occupations by controlling shareholders or related parties, and no violations in decision-making procedures for external guarantees[6]. - The company has not faced any issues with the authenticity, accuracy, and completeness of the annual report, as confirmed by the board of directors[7]. - The company has implemented a comprehensive internal control system, revising multiple governance documents to enhance operational compliance and governance structure[139]. - The company has maintained a transparent and fair approach to information disclosure, utilizing multiple media outlets for announcements[137]. - The company has established a dedicated department for investor relations management, facilitating various forms of communication with stakeholders[135]. Research and Development - The company has applied for 31 patents during the reporting period, with R&D expenses amounting to 130.9 million CNY, accounting for 4.49% of revenue[72]. - The company has developed a new generation PCB sample for the EGS platform, which shows significant improvements in high-speed material application and design layers compared to previous platforms[71]. - The company is focusing on innovation in the fields of packaging substrates and automotive electronics, aligning with national policies promoting new energy[62]. - The company has established six provincial-level R&D platforms and has been recognized as a national high-tech enterprise, demonstrating its commitment to innovation and technology development[70]. Market Trends - The global PCB market value reached $81.74 billion in 2022, with a year-on-year growth of 1%, and is projected to grow to $98.39 billion by 2027, reflecting a compound annual growth rate (CAGR) of approximately 3.8% from 2022 to 2027[32]. - China's PCB market value was approximately $43.55 billion in 2022, down 1.4% year-on-year, but is expected to reach about $51.13 billion by 2027, with a CAGR of 3.3% during the same period[33]. - The demand for IGBT in the new energy vehicle sector is anticipated to reach ¥38.7 billion by 2025, with a remarkable CAGR of 69%[41]. - The global automotive electronics PCB market is projected to grow at a CAGR of 8% from 2022 to 2026[112]. - The IC substrate market is expected to grow at a CAGR of 8.6% from 2021 to 2026, making it the fastest-growing segment[114]. Environmental Compliance - The company has invested approximately 69.59 million yuan in environmental protection during the reporting period[183]. - The company is listed as a key pollutant discharge unit by the Meizhou Ecological Environment Bureau, with wastewater and hazardous waste management in compliance with regulations[185]. - The company has established a hazardous waste management system, ensuring proper handling and storage in compliance with regulations[200]. - All monitored emissions in 2022 met national legal and regulatory standards, indicating compliance with discharge requirements[196]. - The company’s wastewater discharge is regulated, with a total annual discharge limit of 16.5 tons, and no instances of exceeding discharge limits reported[187]. Shareholder Engagement - The company achieved a 100% response rate to 56 investor inquiries through the "E Interaction" platform, enhancing communication and transparency with investors[135]. - The company has ensured that minority shareholders have had the opportunity to express their opinions and protect their legal rights[173]. - The company has conducted investor research sessions to keep stakeholders informed about its development and value[135]. - The company plans to distribute cash dividends of no less than 10% of the distributable profits each year, provided it is profitable and has no major capital expenditure plans[169]. Strategic Initiatives - The company plans to invest approximately 5 billion RMB in a new project for IGBT ceramic substrates and IC packaging boards, approved by the board on December 30, 2022[105]. - The company is actively pursuing digital transformation and automation to improve production efficiency and product quality[60]. - The company has implemented a cost reduction strategy, achieving a 10% decrease in overall costs during the reporting period[60]. - The company aims to enhance its core competitiveness by optimizing product structure to meet the evolving demands in 5G communication, servers, and consumer electronics[66]. - The company is expanding its product offerings to include IC substrates, leveraging its HDI production technology[43].

证券代码：603936 证券简称：博敏电子 公告编号：临 2023-030 （一）会议召开时间：2023 年 5 月 8 日（星期一）15:00-16:00 （二）会议召开地点：上海证券交易所上证路演中心（roadshow.sseinfo.com） 博敏电子股份有限公司 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： 投资者可于 2023 年 4 月 26 日（星期三）至 5 月 5 日（星期五）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 BM@bominelec.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。 博敏电子股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日在上海证券交 易所网站（www.sse.com.cn）披露了公司 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 5 月 8 日 15:00-16: ...

Financial Performance - The company's revenue for Q3 2022 was ¥691,187,962.39, representing a decrease of 29.17% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥20,496,462.16, down 60.57% year-on-year[5] - The basic earnings per share for Q3 2022 was ¥0.04, a decrease of 60.00% compared to the previous year[6] - The net profit attributable to shareholders for the year-to-date was ¥129,959,767.68, down 36.53% year-on-year[5] - The company reported a decrease of 65.40% in net profit excluding non-recurring gains and losses for Q3 2022[10] - Total revenue for the first three quarters of 2022 was CNY 2,225,646,630.46, a decrease of 15.1% compared to CNY 2,621,912,233.73 in the same period of 2021[21] - Net profit for the third quarter of 2022 was CNY 129,959,767.68, a decline of 37.5% compared to CNY 208,363,007.32 in the same quarter of 2021[22] - Basic and diluted earnings per share for Q3 2022 were both CNY 0.25, down from CNY 0.40 in Q3 2021[23] - Net profit for the third quarter of 2022 reached CNY 58,870,294.96, representing an increase of 113.38% from CNY 27,516,238.36 in the third quarter of 2021[32] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,825,891,359.60, an increase of 4.19% from the end of the previous year[6] - The company's total assets increased to CNY 6,825,891,359.60 in Q3 2022, up from CNY 6,551,683,119.37 in Q3 2021, representing a growth of 4.2%[19] - Total liabilities rose to CNY 3,089,859,088.89 in Q3 2022, compared to CNY 2,920,019,528.56 in Q3 2021, marking an increase of 5.8%[19] - Total current assets amount to ¥2,298,750,818.97, down from ¥2,745,626,781.68, reflecting a decrease of about 16.3%[17] - Total non-current assets increased to 3,521,069,106.10 RMB from 3,413,715,166.84 RMB[29] - Total liabilities decreased to 1,944,003,322.84 RMB from 2,080,794,334.95 RMB[30] - Total equity increased to 3,146,814,841.93 RMB from 3,087,944,546.97 RMB[30] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥155,080,532.60, an increase of 63.41% year-on-year[11] - The company's cash flow from operating activities for the first three quarters of 2022 was CNY 1,921,837,143.98, compared to CNY 1,722,465,850.24 in the same period of 2021[24] - Cash flow from operating activities for the first three quarters of 2022 was CNY 64,894,416.11, an increase from CNY 59,227,442.31 in the same period of 2021[35] - The company received 245,479,046.94 RMB from other investment-related cash activities, a significant decrease from 1,142,400,000.00 RMB[25] - The net cash flow from investing activities was -727,480,577.41 RMB, a decline from -164,853,554.24 RMB year-over-year[26] - The company reported a net cash outflow from investing activities of CNY -220,402,882.93 for the first three quarters of 2022, compared to CNY -187,830,407.08 in the same period of 2021[36] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,098[13] - The largest shareholder, Xu Huan, holds 70,661,419 shares, representing 13.83% of the total shares, with 44,047,000 shares pledged[13] - The total number of shares held by the top ten shareholders includes significant stakes from Xu Huan and Xie Xiaomei, who are identified as controlling shareholders[14] - The company has a share repurchase account holding 7,625,100 shares, accounting for 1.49% of the total share capital as of September 30, 2022[14] Investments and Expenses - The company has invested ¥1,221,401,452.35 in construction in progress, significantly up from ¥502,987,181.86, indicating an increase of approximately 142.5%[17] - Research and development expenses for the first three quarters of 2022 were CNY 93,979,436.38, down from CNY 103,511,310.38 in 2021, indicating a decrease of 9.8%[21] - Research and development expenses for the first three quarters of 2022 were CNY 48,665,630.61, slightly down from CNY 49,302,827.39 in the same period of 2021[31] - The company incurred interest expenses of CNY 27,059,967.52 in the first three quarters of 2022, compared to CNY 23,323,711.95 in the same period of 2021[31] Future Outlook - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[37]

Financial Performance - Basic earnings per share for the first half of 2022 was CNY 0.21, a decrease of 30% compared to CNY 0.30 in the same period last year[18]. - Diluted earnings per share for the first half of 2022 was CNY 0.21, reflecting a 30% decline from CNY 0.30 year-on-year[18]. - Net profit attributable to shareholders, excluding non-recurring gains and losses, decreased to CNY 0.19 per share, down 32.14% from CNY 0.28 in the previous year[18]. - The weighted average return on net assets was 2.98%, down 1.34 percentage points from 4.32% in the same period last year[18]. - Revenue decline was the primary reason for the decrease in net profit and earnings per share[18]. - The company's operating revenue for the first half of the year was ¥1,534,458,668.07, a decrease of 6.78% compared to ¥1,646,109,664.03 in the same period last year[20]. - Net profit attributable to shareholders was ¥109,463,305.52, down 28.35% from ¥152,772,809.02 year-on-year[20]. - The net profit after deducting non-recurring gains and losses was ¥97,825,613.44, a decline of 30.46% compared to ¥140,665,382.83 in the previous year[20]. - The net cash flow from operating activities was ¥64,577,467.90, a decrease of 10.33% from ¥72,013,126.13 in the same period last year[20]. - The company achieved operating revenue of CNY 153,445.87 million in the first half of 2022, a decrease of 6.78% year-on-year[53]. - The net profit attributable to shareholders was CNY 10,946.33 million, down 28.35% compared to the same period last year[53]. Operational Developments - The company is focusing on high-precision printed circuit boards (PCBs) and expanding into high-value products such as customized electronic devices and modular products[23]. - The company is developing ceramic substrates for power semiconductor modules, which are expected to meet the growing demand in the power semiconductor market[26]. - The AMB ceramic substrate production capacity is currently 80,000 pieces per month, with plans to expand to 150,000-200,000 pieces per month by 2023[29]. - The company aims to become a professional PCBA solution provider for power control modules in the electric vehicle sector[28]. - The company has developed a high-voltage integrated electric drive system, which reduces system weight and size, improves power density, and enhances energy efficiency, leading to increased driving range[30]. - The electronic components business has launched eight high-performance passive components, achieving a high level of performance and domestic substitution, with a supply chain involving world-class manufacturers[30]. - The company has established a new intelligent factory in Jiangsu, which is expected to add 40,000 square meters per month of high-end product capacity[55]. - The company signed a strategic cooperation agreement to invest approximately CNY 6 billion in the construction of an IC packaging substrate industrial base in Hefei[55]. Market Trends and Projections - The global PCB market has grown from $41.6 billion in 2000 to $80.9 billion in 2021, with China's market share increasing from 8.1% to 54.6% during the same period[32]. - Multi-layer boards accounted for 38% of global PCB products in 2021, while packaging substrates and HDI boards saw significant growth rates of 41.4% and 25.4% respectively[33]. - The PCB industry's downstream applications are diversifying, with the top five sectors being mobile phones (20%), personal computers (18%), consumer electronics (15%), automotive (11%), and servers/data storage (10%) in 2021[34]. - The global ceramic substrate market was valued at $7.02 billion in 2021 and is projected to reach $12.03 billion by 2028, with a CAGR of 8.0%[38]. - The global market size for DBC substrates is projected to grow from $2.9 billion in 2020 to $4.0 billion in 2026, with a CAGR of 8.6%[39]. - The AUB substrate market is expected to expand significantly from $4.0 billion in 2020 to $16.0 billion in 2026, achieving a CAGR of 25.0%[39]. - The DPC substrate market is forecasted to increase from $12.0 billion in 2020 to $17.0 billion in 2026, with a CAGR of 5.2%[39]. - The LTCC substrate market is anticipated to grow from $65.0 billion in 2020 to $127.0 billion in 2026, reflecting a CAGR of 10.1%[39]. Financial Position and Assets - The company's total assets increased by 3.90% to ¥6,807,398,622.08 from ¥6,551,683,119.37 at the end of the previous year[20]. - The net assets attributable to shareholders rose by 3.33% to ¥3,735,993,512.15 from ¥3,615,559,573.30 at the end of the previous year[20]. - The company's total assets increased to CNY 6,807,398,622.08, up from CNY 6,551,683,119.37, representing a growth of approximately 3.8% year-over-year[144]. - The total current assets decreased from CNY 2,745,626,781.68 to CNY 2,473,989,974.02, a decline of approximately 9.87%[142]. - Cash and cash equivalents decreased from CNY 596,905,980.80 to CNY 501,037,819.08, a reduction of about 15.99%[142]. - Accounts receivable decreased from CNY 1,162,628,748.86 to CNY 1,068,981,731.27, a decrease of approximately 8.06%[142]. - Inventory increased from CNY 531,800,807.88 to CNY 556,257,333.30, an increase of about 4.62%[142]. - The total non-current assets increased from CNY 2,150,000,000 to CNY 2,200,000,000, reflecting a growth of approximately 2.33%[142]. Environmental Compliance and Initiatives - The company has implemented strict environmental regulations to manage waste and emissions, but faces risks from potential environmental incidents and increasing regulatory requirements[74]. - The company has achieved stable operation of its facilities, with no instances of exceeding discharge limits reported[86]. - The company has established a hazardous waste management system and is executing inspections to ensure compliance, with all hazardous waste being disposed of by qualified units[98]. - The company has made significant progress in reducing hazardous waste storage, with a reduction of 27 tons reported in the first half of 2022[97]. - The company has adopted measures to reduce carbon emissions, including replacing high-energy-consuming equipment and optimizing production processes[108]. - The company is committed to energy conservation and emission reduction, aligning with national "dual carbon" policies[108]. - The company has established various environmental management systems to ensure legal compliance in environmental management[106]. - The company has installed online monitoring devices for key pollutants, achieving 24-hour dynamic monitoring and ensuring compliance with discharge standards[104]. Corporate Governance and Shareholder Relations - The company reported a commitment from its controlling shareholders to protect the interests of investors and not to interfere with the company's management activities[114]. - The company has established a compensation responsibility for any losses caused to investors due to non-compliance with commitments[116]. - The company’s board members and senior management have pledged to act diligently and in good faith to protect the rights of all shareholders[115]. - There is a restriction on the transfer of shares by board members, limiting it to 25% of their total shares during their tenure and 50% within 12 months after leaving[115]. - The company has committed to not engaging in any competitive business activities that may conflict with its subsidiaries[116]. - The company will ensure that any future business expansions do not compete with its existing operations[116]. - The company has outlined measures to avoid conflicts of interest and ensure compliance with regulatory requirements[114]. - The company will publicly explain any failure to fulfill stock reduction intentions and apologize to shareholders[120]. Legal and Regulatory Matters - There were no significant lawsuits or arbitration matters during the reporting period[124]. - The company did not disclose any major related party transactions during the reporting period[125]. - There were no changes in the audit opinion from the previous annual report[124]. - The company has not provided guarantees for any third parties outside of its subsidiaries[128]. - The company reported a total guarantee amount of RMB 631,041,100, which accounts for 16.89% of the company's net assets[128]. Accounting Policies and Financial Reporting - The financial statements are prepared on a going concern basis, with no significant doubts regarding the company's ability to continue operations for the next 12 months[181]. - The company adheres to specific accounting policies and estimates related to financial instruments impairment, fixed asset depreciation, and revenue recognition[183]. - The financial statements comply with the requirements of the enterprise accounting standards, accurately reflecting the company's financial position and operating results[184]. - The company recognizes expected credit losses based on the weighted average of credit losses for financial assets measured at amortized cost and certain debt instruments[199].

Financial Performance - The company's operating revenue for Q1 2022 was ¥660,894,177, a decrease of 5.55% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥40,586,196.25, down 12.84% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥31,632,130.77, reflecting a decline of 26.06%[5]. - The basic earnings per share were ¥0.08, a decrease of 11.11% compared to the previous year[5]. - Total operating revenue for Q1 2022 was ¥660,894,177, a decrease of 5.5% compared to ¥699,702,046.93 in Q1 2021[18]. - Net profit for Q1 2022 was ¥40,891,879.70, a decline of 12.0% from ¥46,567,449.92 in Q1 2021[19]. - The company reported a decrease in comprehensive income to ¥39,865,107.44 in Q1 2022 from ¥48,278,079.95 in Q1 2021[19]. - The total operating profit for Q1 2022 was negative CNY 3.39 million, worsening from negative CNY 1.11 million in Q1 2021[29]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,584,915,096, an increase of 0.51% from the end of the previous year[6]. - The total current liabilities were RMB 2,517,216,212.78, compared to RMB 2,745,626,781.68 at the end of 2021, showing a reduction of about 8.3%[13]. - Total liabilities as of Q1 2022 were ¥2,913,386,397.74, slightly down from ¥2,920,019,528.56 in Q1 2021[18]. - Total liabilities decreased slightly to 2,069,584,889.48 RMB from 2,080,794,334.95 RMB year-over-year[27]. Cash Flow - The net cash flow from operating activities was negative at -¥43,185,942.53, which is not applicable for comparison[5]. - Net cash flow from operating activities was -43,185,942.53 RMB, compared to -36,537,793.77 RMB in the previous year, indicating a decline in operational cash flow[22]. - Total cash inflow from investment activities was 86,708,012.30 RMB, while cash outflow was 356,121,306.41 RMB, resulting in a net cash flow from investment activities of -269,413,294.11 RMB[22]. - Cash inflow from financing activities amounted to 433,110,869.50 RMB, with cash outflow of 220,999,713.28 RMB, leading to a net cash flow from financing activities of 212,111,156.22 RMB[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 31,495[10]. - The largest shareholder, Xu Huan, held 70,661,419 shares, representing 13.83% of the total shares[10]. - The company reported a repurchase account holding of 7,625,100 shares, accounting for 1.49% of the total share capital as of March 31, 2022[12]. Research and Development - Research and development expenses for Q1 2022 were ¥31,577,048.39, up 5.8% from ¥29,809,021.84 in Q1 2021[18]. - Research and development expenses increased to CNY 15.89 million in Q1 2022, up from CNY 14.60 million in Q1 2021, indicating a rise of 8.8%[28]. Inventory and Receivables - Accounts receivable stood at RMB 946,767,095.72, down from RMB 1,162,628,748.86, indicating a decrease of about 18.6%[13]. - Inventory increased to RMB 618,815,585.99, up from RMB 531,800,807.88, representing a growth of approximately 16.3%[13]. - The company reported a decrease in inventory to 323,617,746.41 RMB from 338,375,818.12 RMB year-over-year[25]. Long-term Investments and Borrowings - The company's long-term equity investments were valued at RMB 110,032,214.24, slightly up from RMB 107,251,470.82[14]. - The company’s long-term borrowings increased to ¥460,372,161.17 in Q1 2022 from ¥245,878,450.00 in Q1 2021[18]. - The company’s long-term borrowings increased to 321,192,000.00 RMB from 205,878,450.00 RMB year-over-year[27]. Management and Strategy - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[12]. - There are no significant changes in the company's management or operational strategies noted in the report[12].

Financial Performance - In 2021, the net profit attributable to the parent company's shareholders was CNY 241.87 million, with a cumulative undistributed profit of CNY 544.28 million at year-end[7]. - The company's operating revenue for 2021 was CNY 3,520,660,207.12, representing a year-over-year increase of 26.39% compared to CNY 2,785,506,052.16 in 2020[23]. - The net profit attributable to shareholders for 2021 was CNY 241,871,903.43, a decrease of 1.96% from CNY 246,713,503.86 in 2020[23]. - The net cash flow from operating activities increased significantly by 283.89% to CNY 272,949,728.81 from CNY 71,101,428.66 in 2020[23]. - The total assets at the end of 2021 reached CNY 6,551,683,119.37, marking a 17.76% increase from CNY 5,563,756,228.81 at the end of 2020[23]. - The basic earnings per share for 2021 was CNY 0.48, down 12.73% from CNY 0.55 in 2020[24]. - The weighted average return on equity decreased to 6.83% in 2021 from 9.36% in 2020, a decline of 2.53 percentage points[24]. - The total profit was 275.67 million RMB, a decrease of 2.64% compared to the previous year[60]. - The net profit attributable to shareholders was 241.87 million RMB, down 1.96% year-on-year, with a net profit of 211.20 million RMB after deducting non-recurring gains and losses, a decrease of 2.79%[60]. Shareholder Returns - The board of directors proposed not to distribute cash dividends or issue bonus shares for the 2021 fiscal year, opting to retain undistributed profits for operational and liquidity needs[7]. - The company implemented a share repurchase amounting to CNY 93.10 million, representing 38.49% of the net profit attributable to the parent company for the year[7]. - The company plans to implement a cash dividend policy, ensuring that at least 10% of the distributable profits are allocated as cash dividends each year, with higher percentages based on the company's development stage[140]. - The cash dividend distribution plan for 2020 was approved by the board and shareholders, ensuring compliance with relevant regulations and protecting shareholder interests[142]. - The company has distributed a total of approximately 104 million CNY in cash dividends over six consecutive years from 2015 to 2021, ensuring stable profit distribution[175]. Research and Development - The company has a commitment to research and development, focusing on new products and technologies, although specific figures are not provided in the extracted content[8]. - R&D expenses amounted to 142.79 million RMB, an increase of 19.30%, accounting for 4.06% of operating revenue[58]. - The company successfully developed over 300 new products in 2021, including 20 milestone projects with leading industry players, and added 33 new patents, ranking high in the industry for patent authorization[42]. - The company plans to increase R&D and market development for high-value products such as customized electronic components and ceramic substrates[50]. - The company is investing in new technology development, allocating 15% of its revenue towards R&D, which amounts to approximately 180 million[119]. Market Expansion and Strategy - The company is actively exploring market expansion opportunities, but detailed strategies and metrics are not specified in the provided documents[8]. - In 2021, the company actively expanded its product offerings in key areas aligned with national policies on new infrastructure, carbon neutrality, and IoT, providing new growth points for performance[35]. - The company is set to increase production capacity by 40,000 square meters per month with the Jiangsu Bomin Phase II project, expected to reach production by July 2022[39]. - The company plans to enter two new international markets by Q3 2022, targeting a 5% market share in each within the first year[118]. - The company is considering strategic acquisitions to enhance its market position, with a budget of up to 300 million allocated for potential mergers and acquisitions in 2022[120]. Operational Efficiency - The company implemented cost control measures that resulted in a 10% reduction in production management costs, while improving drilling efficiency and output by over 30%[41]. - The company has established a high-integration ERP system to manage production, quality, and supply chain effectively, ensuring customer satisfaction[51]. - The company is focused on upgrading bottleneck processes and enhancing production automation to maximize flow and improve market share[52]. - The company has strengthened its management control over subsidiaries to improve operational efficiency and risk management[147]. Environmental Responsibility - The company has maintained a commitment to environmental responsibility, achieving compliance with national environmental standards and passing ISO14001 certification for several consecutive years[178]. - The company has implemented a clean production and end-of-pipe treatment approach, with no environmental pollution incidents reported during the reporting period[150]. - The company has achieved modernization and informatization of its main equipment, aligning with environmental protection facilities to ensure simultaneous operation[166]. - The company has implemented water-saving measures, achieving a water reuse rate of over 92% and an indirect cooling water recycling rate exceeding 98%[173]. - The company has established a hazardous waste management system and has recorded a hazardous waste storage amount of 30.2765 tons as of December 31, 2020, with a reduction of 60.8494 tons by the end of 2021[163]. Governance and Compliance - The company has established a robust governance structure and internal control system to protect shareholder rights and ensure compliance with regulations[105]. - The company maintained independence from its controlling shareholder, ensuring no interference in decision-making or operations[107]. - The company has established specialized committees under the board, including an audit committee and a strategic committee[127]. - The company has not faced any penalties from securities regulatory authorities in the past three years[123]. - The company has committed to not engaging in any business that competes with its subsidiaries, ensuring a clear operational focus[185]. Risks and Challenges - The company faced various operational risks, which are detailed in the management discussion and analysis section of the report[10]. - The company faces risks from macroeconomic fluctuations, which could impact revenue and net profit if the PCB industry's growth slows down[99]. - PCB manufacturers faced significant profit pressure due to rising raw material prices, with direct materials accounting for approximately 55% of costs, and copper foil prices being a major contributor[46]. - Raw material prices have seen significant increases, with key materials like copper foil and prepreg experiencing substantial price hikes[100]. Employee Development - The company has a total of 11 directors and supervisors, with 6 of them being independent directors[115]. - The company invested over 1.5 million yuan in business English training for 260 employees to support its internationalization strategy[138]. - The company has implemented an online learning platform to improve training efficiency and coverage for employees[138]. - The company is actively conducting industry salary surveys to address compensation disparities and enhance competitiveness in the labor market[137]. - The company has a structured approach to employee compensation, focusing on competitive remuneration for key positions to retain talent[137].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 975,802,569.70, representing a year-on-year increase of 40.90%[6] - The net profit attributable to shareholders for Q3 2021 was CNY 51,975,631.50, up 64.52% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 46,077,769.91, reflecting a 62.43% increase year-on-year[6] - Year-to-date revenue reached CNY 2,621,912,233.73, an increase of 31.38% compared to the same period last year[6] - Year-to-date net profit attributable to shareholders was CNY 204,748,440.52, which is a 30.67% increase year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥2,621,912,233.73, an increase of 31.2% compared to ¥1,995,633,439.56 in the same period of 2020[23] - Operating profit for the third quarter was ¥231,068,668.83, up 29.6% from ¥178,201,917.22 in the previous year[24] - Net profit attributable to shareholders of the parent company for the first three quarters was ¥204,748,440.52, compared to ¥156,695,081.15 in the same period last year, reflecting a growth of 30.6%[25] - The total comprehensive income for the third quarter was ¥207,474,887.21, compared to ¥150,137,872.30 in the same period last year, showing an increase of 38.2%[26] Earnings Per Share - The basic earnings per share for Q3 2021 was CNY 0.10, a 25.00% increase compared to the previous quarter[7] - The diluted earnings per share for Q3 2021 was also CNY 0.10, reflecting a 25.00% increase from the previous quarter[7] - Basic and diluted earnings per share for the third quarter were both ¥0.40, an increase from ¥0.36 in the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,526,715,777.96, an increase of 17.31% from the end of the previous year[7] - The company's total assets as of September 30, 2021, amount to 6,526,715,777.96 RMB, an increase from 5,563,756,228.81 RMB at the end of 2020[19] - Current assets total 2,866,610,943.93 RMB, up from 2,573,116,898.01 RMB year-over-year[19] - The total liabilities as of September 30, 2021, are 2,518,852,337.72 RMB, compared to 1,640,569,149.01 RMB at the end of 2020[20] - Total liabilities increased to ¥2,891,274,121.20 from ¥2,062,213,808.96 year-over-year, indicating a growth of 40.1%[21] - The total liabilities stood at ¥2,062,213,808.96, with current liabilities comprising ¥1,640,569,149.01[34] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 94,901,756.75, indicating an increase due to higher cash receipts from sales[7] - Cash flow from operating activities for the first three quarters was ¥94,901,756.75, a significant recovery from a negative cash flow of -¥62,301,937.26 in the same period of 2020[27] - The net cash flow from investment activities was -¥164,853,554.24, a decrease of 28.5% compared to the previous period[28] - Total cash and cash equivalents at the end of the period amounted to ¥393,986,362.88, down from ¥427,070,960.72 at the beginning of the period, reflecting a net decrease of 7.7%[28] - Cash inflow from financing activities was ¥854,815,286.86, an increase of 38.7% compared to the previous period[28] - The company recorded a decrease in cash flow from operating activities, resulting in a net cash decrease of ¥33,084,597.84 for the quarter[28] Shareholder Information - Total number of common shareholders at the end of the reporting period is 33,383[14] - The largest shareholder, Xu Huan, holds 14.51% of shares, totaling 74,171,419 shares, with 55,300,000 shares pledged[14] Investments and Expenses - Research and development expenses for the third quarter were ¥103,511,310.38, compared to ¥76,116,519.03 in the previous year, reflecting a growth of 36.1%[24] - The company plans to issue convertible bonds to raise up to 139 million RMB for expansion projects and to supplement working capital[16] - The company has a goodwill of 1,209,062,447.10 RMB, which increased from 1,030,455,350.63 RMB, reflecting growth in acquisitions or investments[20] - The cash outflow for investment activities totaled ¥1,313,742,522.92, reflecting a substantial investment strategy[28] Financial Ratios - The weighted average return on equity for Q3 2021 was 1.46%, an increase of 0.23 percentage points compared to the previous quarter[7] - Total equity attributable to shareholders of the parent company rose to ¥3,581,979,377.23, up from ¥3,501,542,419.85, marking an increase of 2.3%[21] - The deferred income tax liabilities increased to ¥85,468,691.23 from ¥50,614,246.22, representing a growth of 68.8%[21]