债券代码：111010 债券简称：立昂转债 证券代码：605358 证券简称：立昂微 公告编号：2023- 042 杭州立昂微电子股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 投资者可于 2023 年 05 月 11 日(星期四) 至 05 月 17 日(星期三)16:00 前登录上证路演中 心网站首页点击"提问预征集"栏目或通过公司邮箱 lionking@li-on.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。 杭州立昂微电子股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日发布公司 2022 年年度报告及 2023 年第一季度报告，为便于广大投资者更全面深入地了解公司 2022 年 度及 2023 年第一季度经营成果、财务状况，公司计划于 2023 年 05 月 18 日 上午 11:00- 12:00 举行 2022 年度暨 2023 年第一季度业绩说明会，就投资者关心的问题进 ...

Financial Performance - The company achieved an operating revenue of 291,421.63 million RMB in 2022, representing a year-on-year growth of 14.69%[24]. - The net profit attributable to shareholders was 68,778.99 million RMB, an increase of 14.57% compared to the previous year[24]. - The net profit after deducting non-recurring gains and losses decreased by 4.70% to 55,653.97 million RMB[24]. - Basic earnings per share were 1.02 RMB, down 30.14% from the previous year[24]. - The weighted average return on equity was 8.91%, a decrease of 11.18 percentage points year-on-year[24]. - The total assets at the end of 2022 reached 1,854,162.38 million RMB, a significant increase of 47.62% from the previous year[24]. - The net cash flow from operating activities was 119,454.25 million RMB, a substantial increase of 173.02% compared to the previous year[24]. - The company achieved operating revenue of 2,914.22 million yuan, a year-on-year increase of 14.69%[33]. - The net profit attributable to shareholders was 687.79 million yuan, up 14.57% compared to the previous year[33]. - The net cash flow from operating activities was 1,194.54 million yuan, representing a significant increase of 173.02% year-on-year[33]. - Total assets at the end of the reporting period reached 18,541.62 million yuan, a growth of 47.62% from the beginning of the year[33]. Dividend Policy - The company plans to distribute a cash dividend of 4.2 RMB per 10 shares, totaling approximately 284.28 million RMB (including tax) based on a total share capital of 676,848,359 shares as of December 31, 2022[6]. - The company prioritizes cash dividends, with a minimum of 80% of profits distributed as cash if in a mature stage without major capital expenditures[157]. - The company’s profit distribution policy emphasizes stability and continuity, considering the opinions of independent directors and public investors[156]. - The company will conduct cash dividends annually after shareholder meetings, with the board able to propose interim dividends based on profitability and cash needs[157]. - The total cash dividend amount (including tax) is CNY 284,276,310.78, which accounts for 41.33% of the net profit attributable to ordinary shareholders in the consolidated financial statements[166]. Audit and Compliance - The company has received a standard unqualified audit report from Zhonghui Certified Public Accountants, ensuring the authenticity and completeness of the financial report[5]. - The board of directors has confirmed that there are no non-operational fund occupations by controlling shareholders or related parties[8]. - The company has confirmed that all board members attended the board meeting, ensuring collective responsibility for the report's accuracy[4]. - The company maintains a strong governance structure, ensuring compliance with laws and regulations while protecting shareholder rights[116]. - The company maintains complete independence from its controlling shareholders in terms of assets, personnel, finance, and operations[120]. Market and Industry Outlook - The company is focusing on the development of new products and technologies in response to changing market demands, particularly in clean energy and electric vehicles[24]. - The semiconductor industry is expected to experience growth in 2023, driven by domestic demand and the rise of AI technologies like ChatGPT[94]. - The company anticipates a gradual recovery in the domestic semiconductor market in the second half of 2023, with increased demand in various sectors[94]. - The Chinese government aims for a 70% self-sufficiency rate in chip production by 2025, indicating significant growth potential in the semiconductor market[95]. - The company is positioned to benefit from supportive national policies aimed at fostering the integrated circuit industry[97]. Research and Development - The company has invested in R&D, with R&D expenses increasing by 18.67% to 27,182.45 million RMB, reflecting a commitment to new product and technology development[52]. - The company has a strong talent pool, with R&D personnel having significant experience in leading semiconductor firms, supporting its innovation capabilities[49]. - The company is focused on developing large-size semiconductor silicon wafer production technology and GaAs RF chip production technology[71]. - The company is committed to independent research and innovation, targeting key technology breakthroughs to overcome domestic substitution challenges[106]. - The company has achieved core technology breakthroughs in compound semiconductor RF chips and is beginning to realize scale production and sales[113]. Environmental and Sustainability Initiatives - The company is committed to sustainability initiatives, aiming to reduce operational carbon footprint by 20% over the next three years[127]. - The total emissions for the reporting period amounted to 841,100 tons, with a regulatory limit of 1,142,000 tons, indicating compliance with environmental standards[176]. - The company has established a detailed inspection and maintenance system for wastewater and air pollution control facilities, ensuring effective operation[179]. - The company has integrated wastewater treatment from subsidiaries into its existing facilities, optimizing environmental management[185]. - The company actively engages in community welfare activities, including green public welfare and assistance for the elderly and disabled[190]. Strategic Acquisitions and Investments - The company completed a public issuance of convertible bonds totaling 3.39 billion yuan to enhance investment in capacity construction and new product development[35]. - The acquisition of Jiaxing Jinruihong by the subsidiary Jinruihong Microelectronics was successfully completed, strengthening the company's competitive position in the 12-inch silicon wafer market[35]. - The company acquired a controlling stake of 58.69% in Guojing Semiconductor through a cash purchase of shares from two investors, enhancing its market position[62]. - The company completed the acquisition of 58.69% equity in Jiaxing Jinruihong for 750.44 million yuan, consolidating its control over the company[82]. - The company also acquired 46.67% of Jiaxing Kangjing for 381.74 million yuan, recognizing it as an associate[82]. Operational Challenges - The company experienced a decline in sales orders in the second half of 2022 due to geopolitical tensions and a slowdown in global economic growth[24]. - The production capacity utilization rate decreased in the second half of 2022, impacting revenue and profit[24]. - The overall market demand fluctuated in 2022, with high capacity utilization in the first half but a decline in orders and utilization in the second half, impacting profitability[56]. - The company is in the process of ramping up production capacity for 12-inch wafers, which is currently at a loss due to high fixed costs during the transition[56]. - The company faces intensified market competition due to the entry of new industry participants and must strengthen its strategic positioning and R&D investment[111].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 63,223.65 million, a decrease of 16.40% compared to the same period last year[6]. - The net profit attributable to shareholders was CNY 3,443.71 million, down 85.53% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was CNY 2,349.16 million, a decline of 89.94% compared to the previous year[6]. - Total operating revenue for Q1 2023 was ¥632,236,521.47, a decrease of 16.4% compared to ¥756,301,050.52 in Q1 2022[36]. - In Q1 2023, the company reported a net profit of ¥18,286,264.87, a significant decrease from ¥248,407,511.12 in Q1 2022, reflecting a decline of approximately 92.64%[38]. - The total profit before tax for Q1 2023 was ¥8,432,707.89, a drastic decline from ¥280,537,086.02 in Q1 2022, indicating a decrease of about 97.00%[38]. - The net profit attributable to shareholders of the parent company for Q1 2023 is ¥34,437,067.20, a decrease from ¥238,011,304.71 in the same period last year, representing a decline of approximately 85.5%[50]. - The total comprehensive income for Q1 2023 is ¥18,286,264.87, down from ¥248,407,511.12 in Q1 2022, indicating a decrease of about 92.6%[50]. - Basic and diluted earnings per share for Q1 2023 are both ¥0.05, compared to ¥0.52 in the same period last year, reflecting a decline of approximately 90.4%[50]. Cash Flow and Investments - The net cash flow from operating activities increased by CNY 96,980.30 million, with significant sales collection and tax refunds contributing to this growth[11]. - Operating cash flow for Q1 2023 was ¥96,980,282.33, a turnaround from a negative cash flow of ¥41,754,606.32 in Q1 2022[42]. - The company reported a significant increase in cash outflows from investment activities, decreasing by CNY 92,586 million compared to the same period last year, primarily due to acquisitions[11]. - The company experienced a net cash outflow from investing activities of ¥650,786,811.82 in Q1 2023, an improvement from a larger outflow of ¥1,576,643,762.07 in Q1 2022[43]. Assets and Liabilities - The company's total assets at the end of Q1 2023 were CNY 1,812,947.79 million, a decrease of 2.22% from the end of the previous year[23]. - The total assets as of the reporting date amount to ¥18,129,477,912.23, a decrease from ¥18,541,623,804.18 at the end of the previous period, representing a reduction of about 2.2%[46]. - The company's total equity increased slightly to ¥9,842,942,339.40 from ¥9,821,305,548.08, indicating a marginal growth[36]. - The total liabilities decreased to ¥8,286,535,572.83 from ¥8,720,318,256.10, reflecting a reduction of 5.0%[36]. - Current liabilities total ¥1,546,531,085.53, down from ¥1,993,977,829.56, indicating a decrease of approximately 22.4%[46]. - Non-current liabilities due within one year decreased by 49.78% to ¥24,505,000,000 from previous levels, primarily due to repayments[25]. - Non-current liabilities include long-term borrowings of ¥1,982,912,555.56, slightly down from ¥1,989,191,595.23, showing a decrease of about 0.4%[46]. - The company reported a decrease in accounts payable from ¥930,264,965.64 to ¥770,928,050.75, a decline of about 17.1%[46]. Expenses - The company's management expenses increased by 75.14%, primarily due to new share-based payments and the impact of the merger with Jiaxing Jinruihong[11]. - The financial expenses rose by 305.88%, mainly due to interest expenses from convertible bonds issued in November 2022[11]. - Total operating costs increased to ¥582,459,261.80 in Q1 2023, up 23.8% from ¥470,335,785.75 in Q1 2022[36]. - Research and development expenses increased to ¥65,316,104.15 in Q1 2023, compared to ¥61,925,165.81 in Q1 2022, marking a rise of approximately 7.71%[38]. - Financial expenses surged to ¥39,624,439.98 in Q1 2023, compared to ¥9,762,513.31 in Q1 2022, reflecting an increase of about 304.06%[38]. - The company reported a substantial increase in tax expenses, amounting to -¥9,853,556.98 in Q1 2023, compared to ¥32,129,574.90 in Q1 2022, highlighting a shift in tax liabilities[38]. - The company reported a significant increase in sales expenses to ¥2,677,771.58 in Q1 2023, compared to ¥2,545,134.31 in Q1 2022, reflecting a rise of approximately 5.17%[38]. Balance Sheet Items - Accounts receivable rose by 12.7% to ¥724,306,179.99 from ¥643,025,333.26 year-over-year[33]. - Inventory increased by 5.2% to ¥1,406,469,912.38 compared to ¥1,337,242,419.64 at the end of Q1 2022[33]. - Cash and cash equivalents decreased to ¥3,281,349,999.33 from ¥3,964,742,724.79, a decline of 17.3%[33]. - The company reported a significant increase in notes receivable, which rose by 211.61% to ¥71,780,362.73 from ¥23,035,313.70[25]. - Prepayments increased by 38.00% to ¥96,497,314.52 from ¥69,926,561.61 year-over-year[25]. - Deferred tax assets increased to ¥220,367,247.30 from ¥195,011,335.60, reflecting an increase of approximately 13.0%[46]. - The total non-current assets increased to ¥11,860,616,111.13 from ¥11,620,493,592.30, representing an increase of approximately 2.1%[46]. Strategic Developments - The company has not reported any new product launches or significant market expansion strategies during this quarter[47].

杭州立昂微电子股份有限公司 接待投资者调研活动记录 一、机构调研情况 调研接待地点：公司办公楼行政会议室（杭州经济技术开发区 20 号大街 199 号） 调研接待形式：现场交流、线上交流 机构投资者来访记录： 6 月 15 日 15：30-16：30 线上交流 中金公司、开域资本、嘉实基金、海通证券资产管理有限公司、WILLING CAPITAL MANAGEMENT LIMITED、EASTERN PEARL CAPITAL FUND、上海肇万资产管理有限公司、中山证券、深圳嘉石 大岩资本管理有限公司、上海景林资产管理有限公司、泽源资产管理有限公司、Schroder Investment Mangement Limited、Fullgoal Asset Management (HK) Limited、富国基金管理 有限公司、Neo criterion、FIL HK-CHAPLT、东方证券、安信证券、TT International、上海 久期投资有限公司等 6 月 21 日 15:00-16:00 线上交流 麦格理 6 月 21 日 16:00-17:00 现场交流 开源证券、长城基金、杭州仁睿投资管理有限 ...

Financial Performance - Q3 2022 revenue was CNY 71,377.94 million, a decrease of 1.53% year-over-year, while year-to-date revenue reached CNY 227,847.96 million, an increase of 29.96%[2] - Net profit attributable to shareholders for Q3 2022 was CNY 13,816.58 million, down 29.24% year-over-year, with year-to-date net profit at CNY 64,139.72 million, up 58.67%[2] - Basic and diluted earnings per share for Q3 2022 were CNY 0.21, a decrease of 57.14% compared to the same period last year[3] - The net profit for Q3 2022 was CNY 661,017,835.19, an increase from CNY 418,334,837.68 in Q3 2021, representing a growth of approximately 58%[17] - The operating profit for Q3 2022 was CNY 742,313,191.32, compared to CNY 468,906,491.71 in the same period last year, indicating a year-over-year increase of about 58%[17] - The company reported a total comprehensive income of CNY 661,017,835.19 for Q3 2022, compared to CNY 418,334,837.68 in Q3 2021, showing a growth of approximately 58%[18] - The basic and diluted earnings per share for Q3 2022 were both CNY 0.95, down from CNY 1.01 in Q3 2021[18] Assets and Liabilities - Total assets as of the end of Q3 2022 were CNY 1,529,670.12 million, representing a 21.78% increase from the end of the previous year[3] - The company’s total assets and liabilities increased significantly, reflecting its growth strategy and market expansion efforts[8] - Total liabilities rose to CNY 6,259,818,279.50 from CNY 4,319,154,351.04, marking a 45% increase[14] - Shareholders' equity increased to CNY 9,036,882,956.82, up from CNY 8,241,477,057.40, reflecting a growth of 10%[14] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 86,300.46 million, reflecting a significant increase of 235.85%[3] - Cash flow from operating activities for the first three quarters of 2022 was CNY 863,004,640.12, significantly higher than CNY 256,961,371.42 in the same period of 2021[19] - The net cash flow from investing activities for Q3 2022 was negative CNY 3,902,344,199.73, compared to negative CNY 1,673,813,239.69 in Q3 2021[20] Inventory and Expenses - The company reported a 52.47% increase in inventory, amounting to CNY 46,291.95 million, due to increased sales and material stocking[7] - Total operating costs for the first three quarters of 2022 were CNY 1,601,761,002.96, up from CNY 1,293,372,810.28 in the previous year, reflecting a 24% increase[15] - Research and development expenses increased by 52.00 million yuan year-on-year, reflecting the company's intensified efforts in developing new products and technologies[8] - Research and development expenses rose to CNY 195,902,153.08 in Q3 2022, up from CNY 143,898,508.29 in Q3 2021, reflecting a growth of approximately 36%[17] - Operating expenses were reduced by 10% compared to the previous quarter, contributing to improved profitability[21] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 87,847[9] - The largest shareholder, Wang Minwen, holds 117,831,266 shares, accounting for 17.41% of total shares[9] Future Outlook and Strategic Initiatives - The company provided a forward guidance of 1.8 billion yuan in revenue for Q4 2022, reflecting an expected growth of 20%[21] - New product launches are expected to contribute an additional 300 million yuan in revenue in the next quarter[21] - The company is investing 200 million yuan in R&D for new technologies aimed at enhancing product performance[21] - Market expansion efforts have led to a 15% increase in market share in the Asia-Pacific region[21] - The company is exploring potential acquisitions to enhance its technology portfolio, with a budget of 500 million yuan allocated for this purpose[21] - A new strategic partnership has been formed with a leading tech firm, expected to drive innovation and market reach[21] Other Financial Metrics - The company’s weighted average return on equity decreased by 11.50 percentage points to 8.33% year-to-date[3] - The company incurred financial expenses of CNY 41,700,032.43 in Q3 2022, a decrease from CNY 88,759,560.08 in Q3 2021, indicating a reduction of approximately 53%[17] - The gross margin for Q3 2022 improved to 40%, up from 35% in the previous quarter[21] - Other income increased by 75.31 million yuan, mainly due to increased government subsidies received[8]

Financial Performance - The company's operating revenue for the first half of 2022 reached CNY 156,470.02 million, representing a 52.15% increase compared to the same period last year[12]. - Net profit attributable to shareholders of the listed company was CNY 50,323.13 million, a significant increase of 140.81% year-on-year[12]. - The net profit after deducting non-recurring gains and losses was CNY 45,462.50 million, up 147.27% from the previous year[12]. - The net cash flow from operating activities was CNY 72,354.09 million, showing a remarkable increase of 790.53% compared to the same period last year[12]. - Basic earnings per share were 0.74 RMB, reflecting a growth of 42.31% compared to the previous year[13]. - The weighted average return on equity was 6.56%, a decrease of 4.16 percentage points from the same period last year[13]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 1,522,444.01 million, an increase of 21.21% from the end of the previous year[12]. - The net assets attributable to shareholders of the listed company were CNY 779,464.92 million, reflecting a 3.34% increase from the previous year[12]. - Total liabilities increased to CNY 6.33 billion from CNY 4.32 billion, a rise of about 46.4%[122]. - Long-term borrowings rose significantly to CNY 1.78 billion from CNY 609.23 million, an increase of about 192.5%[121]. Research and Development - The company has established a comprehensive technology innovation system and has participated in several national key scientific research projects[19]. - The company’s R&D capabilities are supported by various provincial and national innovation platforms, ensuring strong technological advantages[19]. - Research and development expenses increased by 43.16% year-on-year, totaling RMB 12,472.70 million, reflecting the company's commitment to new product and technology development[32]. Market Position and Competition - The company is a leading domestic silicon wafer manufacturer, consistently ranked first in the top ten semiconductor materials enterprises in China[20]. - The semiconductor market in mainland China is projected to reach a sales scale of 213.7 billion USD, with a growth rate of 11%[25]. - The company faces intensified market competition due to the rapid development of various end-use sectors and the entry of new industry participants, necessitating a focus on technological advancement and product upgrades[50]. Environmental Compliance - The company reported a total pollutant discharge of 40.19 million tons, with a regulated discharge limit of 114.2 tons for water pollutants[62]. - The company achieved compliance with all major pollutant discharge standards, including COD at 31 mg/L against a limit of 500 mg/L, and ammonia nitrogen at 6.16 mg/L against a limit of 35 mg/L[62]. - The company has established wastewater treatment systems and air pollution control facilities, which are regularly inspected and maintained by third-party companies[64]. Shareholder Commitments - The company has committed to maintaining a share lock-up period for major shareholders from August 25, 2020, to September 10, 2023, ensuring stability in shareholding[74]. - The controlling shareholder and directors promise to vote in favor of share repurchase if the stock price falls below the audited net asset value for 20 consecutive trading days[79]. - The company will compensate investors for losses incurred due to false statements or omissions in the prospectus[80]. Asset Management - The company has launched multiple asset management plans, including a notable 1,637,018 in the Zhongyi Asset Management product, indicating a focus on diversified investment strategies[101]. - The total assets under management for the South Fund's single asset management plans reached 229,182, highlighting the company's growth in this segment[100]. - The company is actively pursuing new asset management opportunities, as evidenced by the diverse range of products launched in the first half of 2022[101]. Financial Reporting and Governance - The financial statements are prepared based on the going concern assumption, with no significant doubts regarding the company's ability to continue operations for the next 12 months[155]. - The accounting policies and estimates include provisions for bad debts, revenue recognition, depreciation of fixed assets, and amortization of intangible assets[156]. - The company has established a multi-tier governance structure, including a board of directors and various specialized committees[152].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 75,630.11 million, representing a year-on-year increase of 63.86%[2] - The net profit attributable to shareholders was RMB 23,801.13 million, a significant increase of 214.02% compared to the previous year[2] - The net profit after deducting non-recurring gains and losses was RMB 23,360.06 million, up 253.16% year-on-year[2] - The basic earnings per share for the period was RMB 0.52, reflecting a 173.94% increase[3] - Total revenue for Q1 2022 reached ¥756,301,050.52, a significant increase from ¥461,540,348.83 in Q1 2021, representing a growth of approximately 63.9%[16] - Net profit for Q1 2022 amounted to ¥248,407,511.12, compared to ¥79,779,960.93 in Q1 2021, marking an increase of around 210.5%[18] - The net profit attributable to shareholders of the parent company for Q1 2022 was approximately ¥238 million, compared to ¥76 million in Q1 2021, representing a growth of 213%[19] - The total comprehensive income for Q1 2022 was approximately ¥248 million, up from ¥80 million in Q1 2021, indicating a year-over-year increase of 210%[19] Assets and Liabilities - Total assets at the end of the reporting period were RMB 1,425,255.89 million, an increase of 13.47% from the end of the previous year[3] - The company's total current assets decreased from 6.62 billion yuan at the end of 2021 to 5.56 billion yuan as of March 31, 2022[14] - Fixed assets increased from approximately 3.95 billion yuan at the end of 2021 to approximately 4.40 billion yuan as of March 31, 2022[14] - Non-current assets totaled ¥8,693,038,030.51 in Q1 2022, compared to ¥5,936,429,662.46 in Q1 2021, an increase of about 46.5%[15] - Total liabilities reached ¥5,629,523,078.83 in Q1 2022, up from ¥4,319,154,351.04 in Q1 2021, indicating a growth of approximately 30.3%[16] - The company’s total liabilities increased by 119.57% to RMB 132,848 million, primarily due to the consolidation of Jiaxing Jinruihong's balance sheet[9] Cash Flow - The company reported a net cash flow from operating activities of -RMB 4,175.46 million, a decrease of 50.45% year-on-year[2] - Net cash flow from operating activities increased by 42.51 million yuan year-on-year, mainly due to an increase in sales receipts[10] - Cash inflows from operating activities in Q1 2022 totaled approximately ¥548 million, compared to ¥297 million in Q1 2021, marking an increase of 84%[20] - The net cash outflow from investing activities in Q1 2022 was approximately -¥1.58 billion, compared to -¥714 million in Q1 2021, indicating a significant increase in investment expenditures[21] - Cash inflows from financing activities in Q1 2022 were approximately ¥484 million, down from ¥660 million in Q1 2021, showing a decrease of 27%[21] - The net cash flow from financing activities for Q1 2022 was approximately ¥65 million, compared to ¥97 million in Q1 2021, reflecting a decrease of 33%[21] - The ending cash and cash equivalents balance for Q1 2022 was approximately ¥2.39 billion, compared to ¥830 million at the end of Q1 2021, representing a substantial increase of 187%[21] - The company reported a net cash outflow of approximately -¥1.55 billion for Q1 2022, compared to -¥699 million in Q1 2021, indicating a worsening cash position[21] Research and Development - Research and development expenses increased by 62.35% to RMB 6,205 million, indicating a continued focus on new product and technology development[9] - Research and development expenses in Q1 2022 were ¥61,925,165.81, up from ¥38,142,257.82 in Q1 2021, showing a rise of approximately 62.0%[18] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 39,889[11] - The largest shareholder, Wang Minwen, holds 17.41% of the shares, with 8.8 million shares pledged[11] Accounting Standards - The company did not apply the new accounting standards for the first time in 2022[22]

证券代码：605358 证券简称：立昂微 公告编号：2022-027 杭州立昂微电子股份有限公司 | --- | --- | |----------------------------------------------------------------------|-------| | | | | 关于接待机构投资者调研活动的公告 | | | 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。 | | 杭州立昂微电子股份有限公司（以下简称"公司"）于 2022 年 3 月 15 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 15 日 15:00-16:30 调研方式：电话会议交流 调研机构名称（排名不分先后）：安信证券、熙喆投资、富安达基金、敦和 资管、泰达宏利、东方阿尔法基金、深圳市前海瑞信致远投资、中融基金、长江 养老、拾贝投资管理(北京)有限公司、长盛基金、鼎诚人寿、上海玖鹏资产管理 中心（有限合伙）、南京证券、深圳杉树、国海证券资管、创金合信基金 ...

Dividend and Share Capital - The company plans to distribute a cash dividend of 5.5 RMB per 10 shares, totaling approximately 251.53 million RMB (including tax) based on a total share capital of 457,329,972 shares as of December 31, 2021[3]. - The company intends to increase its share capital by 4.8 shares for every 10 shares held, resulting in an additional 219,518,387 shares, bringing the total share capital to 676,848,359 shares[3]. - The company has a policy to distribute at least 10% of its distributable profits as cash dividends, with higher percentages based on its development stage and capital expenditure plans[114]. - The company emphasizes a stable and continuous profit distribution policy, considering the long-term interests of all shareholders and sustainable development[113]. - The company has committed to ensuring that cash dividends are distributed within two months after the shareholders' meeting approves the profit distribution plan[116]. Financial Performance - The company achieved operating revenue of 254,091.62 million RMB in 2021, a year-on-year increase of 69.17%[15]. - Net profit attributable to shareholders reached 60,030.34 million RMB, up 197.24% compared to the previous year[15]. - The basic earnings per share (EPS) was 1.46 RMB, reflecting a growth of 165.45% year-on-year[16]. - The weighted average return on equity (ROE) increased to 20.09%, up 7.81 percentage points from the previous year[16]. - The company reported a net cash flow from operating activities of 43,752.86 million RMB, an increase of 41.15% year-on-year[15]. Audit and Compliance - The company has received a standard unqualified audit report from Zhonghui Certified Public Accountants[2]. - The company has committed to ensuring the accuracy and completeness of its financial reports, as stated by its responsible executives[2]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[4]. - The company has not violated decision-making procedures for external guarantees[4]. - The company has not faced any issues with a majority of directors being unable to guarantee the authenticity of the annual report[4]. Market and Industry Trends - The company experienced strong demand driven by national policy support and rapid development in the semiconductor and clean energy sectors[17]. - The semiconductor industry saw a global sales increase of 25% in 2021, reaching a record high of $583.5 billion[27]. - The global semiconductor wafer shipment area reached a new high of 14 billion square inches, with a growth rate of 13.9% in 2021[29]. - The global market size for 5G RF front-end is projected to grow from $0 in 2018 to $5.5 billion by 2022[30]. - The company anticipates continued strong demand for semiconductor foundry services due to the rise of electric vehicles, IoT, and 5G infrastructure[68]. Research and Development - Research and development expenses increased by 104.04% to 22,906.23 million RMB, indicating a strong focus on new product and technology development[38]. - The company has a comprehensive technology innovation system and has successfully completed several national key scientific research projects[34]. - The company has over 400 R&D and technical personnel, ensuring a robust talent pool for innovation and quality management[36]. - The company is focused on developing 12-inch silicon wafers for integrated circuits, targeting a production process suitable for 40-14nm technology[73]. - The company has achieved core technology breakthroughs in compound semiconductor RF chips and has begun to realize large-scale production and sales[78]. Operational Strategy - The company is focused on expanding its market presence and developing new technologies, although specific details were not disclosed in the provided content[4]. - The company is committed to sustainable high-quality development amidst external uncertainties and industry challenges[22]. - The company is in the ramp-up phase for its 12-inch silicon wafer project, which is currently experiencing high fixed costs and is not yet profitable[45]. - The company is focusing on expanding production capacity and improving operational efficiency to enhance profitability in the upcoming periods[45]. - The company has established stable, long-term partnerships with major semiconductor manufacturers, enhancing its supply chain resilience[140]. Governance and Shareholder Engagement - The company has established independent financial and operational systems, ensuring no shared bank accounts with the controlling shareholder[83]. - The company continues to prioritize the protection of minority shareholders' rights during shareholder meetings through a combination of on-site and online voting[86]. - The company has a clear policy for the appointment and remuneration of its management team, reflecting its commitment to transparency and accountability[95]. - The company has undergone a board re-election, resulting in the appointment of new directors and supervisors, including Chen Pingren as General Manager[96]. - The company has a structured decision-making process for determining the remuneration of directors and senior management, based on industry standards and internal regulations[95]. Environmental Responsibility - The company has established a detailed inspection and maintenance system for wastewater and air pollution control facilities, ensuring effective operation[129]. - The company reported a total pollutant discharge of 94.68 thousand tons, with all monitored pollutants meeting the required standards[126]. - The company has implemented ISO 14001 environmental management system certification across its subsidiaries, ensuring compliance with environmental regulations[140]. - The company actively engages in community service activities, including pandemic response and environmental initiatives[141]. - The company has successfully maintained compliance with environmental standards across multiple discharge points, demonstrating commitment to environmental responsibility[128].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥724,861,220.32, representing an increase of 88.65% year-over-year[2]. - Net profit attributable to shareholders was ¥195,261,058.95, a significant increase of 257.31% compared to the same period last year[2]. - The net profit excluding non-recurring gains and losses was ¥190,416,857.28, reflecting a 432.41% increase year-over-year[2]. - The basic earnings per share for the quarter was ¥0.49, up 226.08% from the previous year[3]. - Total operating revenue for the first three quarters of 2021 reached ¥1,753,244,590.48, a significant increase of 69.8% compared to ¥1,032,761,525.10 in the same period of 2020[15]. - Operating profit for the first three quarters of 2021 was ¥468,906,491.71, compared to ¥216,943,706.96 in the previous year, reflecting a growth of 116.5%[16]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥404,235,970.60, up from ¥184,016,318.74 in 2020, marking an increase of 119.5%[17]. - Basic earnings per share for the first three quarters of 2021 were ¥1.01, compared to ¥0.36 in the same period last year, representing a growth of 180.6%[17]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥8,296,846,367.19, an increase of 30.14% compared to the end of the previous year[3]. - The company's total assets reached approximately RMB 8.30 billion as of September 30, 2021, compared to RMB 6.38 billion at the end of 2020, reflecting a growth of about 30%[14]. - The company's current assets totaled approximately RMB 3.15 billion, up from RMB 2.97 billion at the end of 2020, indicating a growth of about 6%[12]. - The company's inventory increased to approximately RMB 740.42 million, compared to RMB 516.28 million at the end of 2020, representing a growth of about 43%[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥256,961,371.42, showing a year-over-year increase of 437.48%[3]. - Cash flow from operating activities for the first three quarters of 2021 was ¥1,348,239,454.33, an increase from ¥909,227,956.80 in 2020, indicating a rise of 48.3%[18]. - The net cash flow from operating activities was 256,961,371.42, a significant increase from 47,808,234.79 in the previous year[19]. - Total cash inflow from financing activities amounted to 2,184,471,665.67, compared to 1,581,522,309.49 in the prior year[20]. - Cash outflow for investing activities reached 1,674,041,151.01, up from 249,708,115.71 year-over-year[19]. - The total cash and cash equivalents at the end of the period were 699,284,094.19, compared to 627,266,086.40 at the end of the previous year[20]. Shareholder Information - The company reported a total of 30,488 common shareholders at the end of the reporting period[6]. - The largest shareholder, Wang Minwen, holds 19.88% of the shares, totaling 79,615,720 shares[6]. Operational Highlights - The company experienced significant revenue growth driven by national policy, increased downstream demand, and the rapid development of the smart economy, resulting in a substantial increase in sales orders and product output[9]. - The company has completed the construction of new production lines for 6-inch and 8-inch silicon wafers, with full-capacity operations meeting the growing market demand[10]. - The company has expanded its market share in 8-inch silicon wafers and achieved large-scale shipments of power device chips and compound semiconductor RF chips, with significant increases in production and sales[10]. - The company has improved its profitability through management enhancements, lean production, and effective cost control measures[10]. - The company has adjusted product prices in response to market supply and demand conditions[10]. - The company has strengthened its collaboration with strategic customers and optimized its product structure, focusing on the development of new products and technologies[10]. Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥143,898,508.29, compared to ¥71,118,775.65 in the previous year, reflecting an increase of 102.5%[15]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[15].