证券代码：688002 证券简称：睿创微纳 公告编号：2022-074 烟台睿创微纳技术股份有限公司 关于参加山东辖区上市公司 2022年度投资者网上集体接待日活动的公告 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、准确性和完整性依法承担法律责任。 为进一步加强与投资者的互动交流，使广大投资者能更深入全面地了解公司情 况，烟台睿创微纳技术股份有限公司（以下简称"公司"）将参加由中国证券监督管 理委员会山东监管局、山东上市公司协会与深圳市全景网络有限公司联合举办的"山 东辖区上市公司2022年度投资者网上集体接待日"活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互联网 平台，采用网络远程的方式举行。投资者可以登录全景网"投资者关系互动平台" （http://ir.p5w.net/）参与公司本次投资者网上集体接待日活动；活动时间为 2022年11月16日（星期三）14:00-16:00。 届时公司董事长兼总经理马宏博士、董事会秘书黄艳女士及财务总监高飞先生 将通过网络文字形式与投资者进行交流与沟通，欢迎广大投资 ...

Revenue and Profit - Revenue for Q3 2022 reached ¥623,109,551.63, an increase of 84.20% year-over-year[2] - Net profit attributable to shareholders was ¥69,924,868.03, a decrease of 7.22% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥60,242,554.40, an increase of 8.23% year-over-year[2] - Net profit for the third quarter of 2022 was CNY 181,393,427.30, a decrease of 47.4% from CNY 344,564,952.54 in the same quarter of 2021[18] - Basic earnings per share for the period was ¥0.1565, a decrease of 7.62% compared to the same period last year[4] - Basic earnings per share for the third quarter of 2022 were CNY 0.4092, down from CNY 0.7752 in the same quarter of 2021[19] Research and Development - R&D investment totaled ¥134,457,947.98, representing 21.58% of revenue, a decrease of 10.23 percentage points year-over-year[4] - The company expanded its R&D team and increased investment in new product development, leading to a 35.37% increase in R&D expenditure year-to-date[8] - Research and development expenses for the first three quarters of 2022 totaled CNY 369,051,827.18, compared to CNY 272,629,921.20 in the same period of 2021, reflecting a year-over-year increase of 35.4%[16] Assets and Liabilities - Total assets increased to ¥5,846,429,952.40, up 19.52% from the end of the previous year[4] - Total current assets as of September 30, 2022, amounted to ¥3,486,799,075.80, an increase from ¥2,988,433,837.05 in the previous year[12] - Total assets reached ¥5,846,429,952.40, up from ¥4,891,396,285.82 in the previous year[13] - Current liabilities increased to ¥1,473,573,891.17 from ¥937,728,634.03 year-over-year[13] - Total liabilities increased to CNY 1,741,556,665.46, up from CNY 1,107,554,585.95 in the previous year, indicating a growth of 57.2%[16] - Total equity attributable to shareholders reached CNY 3,716,698,530.97, an increase of 6.7% from CNY 3,484,938,310.81 in the same period of 2021[16] Cash Flow - Cash flow from operating activities for the year-to-date was ¥128,841,606.79, with good collection leading to increased cash flow from sales[8] - The cash inflow from operating activities for the first three quarters of 2022 was approximately ¥1.87 billion, a significant increase from ¥1.15 billion in the same period of 2021, representing a growth of 63.4%[20] - The net cash flow from operating activities for Q3 2022 was ¥128.84 million, compared to a negative cash flow of ¥4.46 million in Q3 2021, indicating a strong recovery[21] - The total cash outflow from investment activities in Q3 2022 was approximately ¥1.61 billion, slightly lower than ¥1.71 billion in Q3 2021, resulting in a net cash flow from investment activities of -¥719.08 million[21] - The cash inflow from financing activities in Q3 2022 was ¥538.30 million, a substantial increase from ¥168.51 million in Q3 2021, reflecting improved financing conditions[21] - The net cash flow from financing activities for Q3 2022 was ¥423.05 million, compared to ¥58.64 million in Q3 2021, showing a positive trend in capital raising efforts[21] Shareholder Information - Total number of common shareholders at the end of the reporting period was 15,058[9] - The largest shareholder, Ma Hong, holds 68,400,000 shares, representing 15.34% of total shares[9] Inventory and Receivables - Accounts receivable increased to ¥751,428,594.32 from ¥529,108,449.23 year-over-year[12] - Inventory increased significantly to ¥1,609,319,241.41 from ¥1,202,192,245.18 year-over-year[12] - Cash received from sales and services amounting to approximately ¥1.71 billion in the first three quarters of 2022, compared to ¥1.00 billion in the same period of 2021, marking a growth of 70.8%[20] - The cash paid to employees in the first three quarters of 2022 was approximately ¥412.55 million, compared to ¥263.85 million in the same period of 2021, reflecting a growth of 56.4%[20]

Financial Performance - The company has not achieved profitability since its listing [3]. - The company reported a total revenue of RMB 1.2 billion for the year 2021, representing a year-over-year growth of 15% [11]. - The net profit attributable to shareholders for 2021 was ¥461,180,017.63, a decrease of 21.06% from ¥584,203,782.27 in 2020 [20]. - The company's operating revenue for the reporting period was approximately CNY 1.78 billion, representing a year-on-year increase of 14.02% [87]. - The gross profit margin for the year was 45%, indicating a stable profitability level compared to the previous year [11]. - The net cash flow from operating activities increased by 33.52% to ¥218,793,275.96 in 2021, up from ¥163,867,174.05 in 2020 [20]. - The company's inventory balance was 1.202 billion yuan, reflecting a growth of 68.56% from the beginning of the year [79]. - The company reported a total revenue of approximately 1.78 billion, with a net profit of around 417.77 million for the year [65]. Research and Development - The company has invested RMB 200 million in R&D for MEMS technology, aiming to enhance product performance and reduce costs [11]. - The company increased its R&D investment as a percentage of operating revenue to 23.47% in 2021, up from 14.62% in 2020, indicating a focus on new product development [21]. - R&D investment reached 417.77 million RMB, representing an increase of 82.95% year-on-year, with R&D personnel accounting for 43.78% of the total workforce [27]. - The company is focusing on technological innovations such as smaller pixel sizes (currently 12μm) and wafer-level packaging to meet the growing demands for thermal imaging modules in security, temperature measurement, automotive, and personal vision systems [46]. - The company is actively investing in R&D to improve production processes and reduce costs, which is anticipated to strengthen its competitive position in the market [47]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025 [11]. - The company is exploring partnerships with international firms to enhance its product offerings and expand its global reach [11]. - The company aims to become the global leader in industrial infrared temperature measurement, enhancing its sales network and brand recognition in the international market [36]. - The company is actively pursuing strategic partnerships and collaborations to enhance its technological capabilities and market reach [132]. - The company is focusing on expanding its market presence in the visual monitoring sector, targeting applications in natural resource protection and security monitoring [35]. Acquisitions and Investments - A strategic acquisition of a local tech firm is anticipated to be completed by Q3 2022, which is expected to boost the company's technological capabilities [11]. - The company completed the acquisition of Wuxi Huace Electronic System Co., Ltd., which was included in the consolidated financial statements, contributing to asset growth [21]. - The company acquired a 56.253% stake in Wuxi Huace Electronic System Co., Ltd. for a total transaction price of CNY 359.35 million, with CNY 281.27 million paid from its own funds [160]. - The integration plan for Wuxi Huace includes business, asset, financial, and personnel integration to enhance overall decision-making and risk management capabilities [160]. Risk Management - The company has detailed various operational risks and corresponding countermeasures in the report [3]. - The company is at risk of losing core technical personnel, which could adversely affect its profitability [75]. - The company faces risks related to high procurement concentration for key raw materials, which could impact production if major suppliers encounter difficulties [76]. - The company is exposed to foreign exchange risks due to its reliance on USD for exports, which could affect financial performance [82]. Corporate Governance - The company has a standard unqualified audit report from the accounting firm [4]. - The board of directors and various committees have operated in accordance with the company's articles of association and relevant regulations, ensuring effective governance [124]. - The company has implemented a robust internal control system in compliance with relevant laws and regulations, enhancing its risk prevention capabilities [123]. - The company has adhered to the disclosure requirements set by regulatory authorities, ensuring compliance and protecting shareholder rights [123]. Social Responsibility and Sustainability - The company provided over 40 infrared thermal imaging night vision devices to monitor the movements of wild Asian elephants, contributing to the protection of this endangered species [167]. - The company actively participated in controlling wild boar populations by supplying high-performance thermal imaging devices to relevant departments, addressing the issue of wild boar overpopulation in several provinces [168]. - The company is committed to promoting biodiversity and ecological balance through collaboration with government agencies and organizations in the application of infrared thermal imaging technology [167]. - The company has engaged in social responsibility initiatives, including support for rural revitalization and poverty alleviation efforts in revolutionary old areas [174]. Dividend Policy - The company plans to distribute a cash dividend of 1.12 CNY per 10 shares, totaling 49.84 million CNY, which represents 10.81% of the net profit attributable to shareholders [5]. - The annual profit distribution plan requires approval from the shareholders' meeting [5]. - The cash dividend policy stipulates that at least 10% of the distributable profit should be distributed in cash if conditions are met, with specific conditions outlined for not distributing cash dividends [151]. - The company’s profit distribution plan for 2021 is pending approval from the shareholders' meeting [151]. Innovation and Technology - The company has developed the world's first large-area uncooled infrared detector with a pixel pitch of 8μm and a matrix size of 1920×1080 [45]. - The company has made significant advancements in core technologies, including low-noise, low-power mixed-signal integrated circuit design, which is now in mass production and applied to all detectors [50]. - The company is focusing on the development of new technologies such as laser, microwave, and terahertz to enrich its product line and expand into new markets [120]. - The company has established a strong competitive edge in talent, technology, and R&D capabilities, with a focus on semiconductor integrated circuits and MEMS sensors [69].

Financial Performance - The company reported a total revenue of 500 million RMB for the first half of 2022, representing a year-on-year increase of 20%[1]. - The company's operating revenue for the first half of 2022 was ¥1,086,791,829.32, representing a 24.89% increase compared to ¥870,222,866.48 in the same period last year[17]. - The company reported a total revenue of 1,669,770,000.00 RMB for the first half of 2022, with a net profit of 411,533,402.53 RMB, reflecting a significant increase in performance compared to the previous year[46]. - The net profit attributable to shareholders of the listed company decreased by 58.28% to ¥112,469,711.90 from ¥269,573,408.52 year-on-year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 61.55% to ¥99,306,433.85 compared to ¥258,293,834.32 in the previous year[17]. - The gross profit margin for the main business was 47.26%, with a decrease attributed to a higher proportion of lower-margin product sales[19]. - Basic earnings per share decreased by 58.28% to 0.2527 CNY, and diluted earnings per share decreased by 58.20% to 0.2513 CNY[19]. Research and Development - Research and development expenses increased by 15%, totaling 80 million RMB, reflecting the company's commitment to innovation[1]. - The company has a strong focus on R&D in specialized integrated circuits, special chips, and MEMS sensors, providing a full range of products for various applications[22]. - The company achieved a total R&D investment of ¥234,593,879.20, representing a 42.16% increase compared to ¥165,021,659.08 in the same period last year[39]. - R&D investment accounted for 21.59% of operating revenue, up from 18.96% year-on-year, indicating a 2.63% increase[40]. - The company has developed the world's first large-area uncooled infrared detector with a pixel pitch of 8μm and a resolution of 1920×1080[28]. - The company is focusing on technological innovation in small pixel pitch, wafer-level packaging, and ASIC integration, with the industry moving towards smaller pixel sizes from 35μm to 12μm, enhancing resolution and reducing costs[29]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2023[1]. - The company has provided a forward guidance of 10% revenue growth for the second half of 2022, projecting total revenue to reach 550 million RMB[1]. - The company plans to expand its market presence and enhance its product portfolio through new technology developments and potential acquisitions[12]. - The company is actively expanding its market presence and developing new products to enhance competitiveness in the industry[22]. - The company aims to integrate various hardware and software components to create a complete system, enhancing its competitive edge in the market[12]. Financial Position and Cash Flow - The company maintains a strong cash position with 200 million RMB in cash reserves, ensuring liquidity for future investments[1]. - The net cash flow from operating activities increased significantly to ¥92,066,227.10, up 2,040.33% from ¥4,301,505.61 in the same period last year[17]. - The company reported a net cash outflow from investment activities of ¥551,879,341.88, an improvement from a larger outflow of ¥727,489,192.14 last year[77]. - Financing activities generated a net cash inflow of ¥411,539,086.81, a 601.85% increase from ¥58,636,028.85 in the previous year[77]. - The total assets of the company at the end of the reporting period were ¥5,606,617,331.57, a 14.62% increase from ¥4,891,396,285.82 at the end of the previous year[17]. Risks and Challenges - The company has identified potential risks related to supply chain disruptions, which may impact future performance[1]. - The company faces risks related to the high concentration of procurement for key raw materials, which could impact production if major suppliers encounter difficulties[doc id='65']. - The company has received government subsidies amounting to 13.40 million yuan in the first half of 2022, which may decrease in the future due to policy changes[doc id='75']. Corporate Governance and Shareholder Commitments - The company has a long-term commitment to resolving related party transactions and competition issues, ensuring compliance with regulations[103]. - The actual controller, Ma Hong, has committed to not transferring or entrusting the management of shares held prior to the company's public offering for 36 months from the date of listing[106]. - The company has established long-term commitments regarding share transfer limitations for major shareholders, including a 25% annual transfer cap for shares held prior to the public offering[106]. - The company guarantees that there will be no fraudulent issuance during the public offering and listing process[113]. - The company will ensure that the controlling shareholder does not use company assets for unrelated investments or consumption activities[110]. Social Responsibility and Environmental Impact - The company provided over 40 infrared thermal imaging night vision devices to the forestry bureau in Jinghong City for monitoring wild Asian elephants, enhancing wildlife protection efforts[98]. - The company actively participated in controlling wild boar populations by supplying high-performance thermal imaging night vision devices to relevant departments[99]. - The infrared thermal imaging technology developed by the company is utilized for forest fire prevention, enabling real-time monitoring and early warning of potential fire hazards[100]. - The company is not classified as a key pollutant discharge unit and has implemented measures to manage waste and emissions effectively[96]. - The company has committed to social responsibility initiatives, including supporting rural revitalization and poverty alleviation efforts[102].

Financial Performance - Q3 2021 revenue was CNY 338,285,674.46, a decrease of 12.00% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 75,368,437.08, down 51.81% year-on-year[2] - The basic earnings per share for the reporting period was CNY 0.1694, a decrease of 51.80% year-on-year[3] - The diluted earnings per share for the reporting period was CNY 0.1675, down 52.32% compared to the same period last year[3] - Net profit for the third quarter of 2021 was ¥344,564,952.54, a decrease of 26.00% from ¥465,022,456.83 in the same quarter of 2020[18] - Basic earnings per share for the third quarter of 2021 were ¥0.7752, down from ¥1.0444 in the same quarter of 2020[19] Revenue and Growth - The company achieved a total revenue of CNY 1,208,508,540.94 for the year-to-date, an increase of 12.15% compared to the same period last year[2] - Revenue from infrared detectors and modules reached CNY 655,069,800, a growth of 14.67% year-on-year[8] - Revenue from domestic and overseas markets was CNY 728,045,200 and CNY 455,977,900 respectively, with increases of 11.83% and 20.55% year-on-year[8] - Total operating revenue for the first three quarters of 2021 reached ¥1,208,508,540.94, an increase of 12.14% compared to ¥1,077,579,530.46 in the same period of 2020[17] Expenses and Costs - R&D expenses totaled CNY 107,608,262.12, representing 31.81% of revenue, an increase of 17.35 percentage points from the previous year[3] - Total operating costs for the first three quarters of 2021 were ¥866,403,895.48, up 54.06% from ¥562,000,674.48 in the previous year[17] - Research and development expenses for the first three quarters of 2021 amounted to ¥272,629,921.20, which is a significant increase from ¥124,844,807.02 in the same period of 2020[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,179,902,169.82, up 17.92% from the end of the previous year[3] - The total liabilities as of the end of the third quarter of 2021 were ¥708,990,832.94, compared to ¥614,810,188.85 at the end of the same period in 2020, reflecting a growth of 15.34%[16] - The total equity attributable to shareholders reached ¥3,302,221,015.52, an increase of 12.67% from ¥2,928,777,343.37 in the previous year[16] - The total assets of the company reached approximately ¥4.18 billion, compared to ¥3.54 billion at the end of 2020, marking an increase of about 18.1%[15] Cash Flow - The net cash flow from operating activities was CNY -4,463,104.01, a decline of 117.42% year-on-year[3] - Cash flow from operating activities for the first three quarters of 2021 was ¥1,001,116,644.09, compared to ¥927,180,176.67 in the same period of 2020, indicating a growth of 7.98%[19] - The total cash inflow from operating activities was 1,145,739,581.52 RMB, up from 1,049,299,000.67 RMB year-over-year[20] - The net cash flow from investment activities was -653,426,633.62 RMB, worsening from -305,167,931.54 RMB year-over-year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 10,404[9] - The largest shareholder, Ma Hong, holds 68,400,000 shares, representing 15.37% of the total shares[9] - The top ten shareholders hold a combined total of 15.63% of the shares, with the top four shareholders accounting for 36.5%[9] Other Financial Metrics - The company reported accounts receivable of approximately ¥587.56 million, significantly up from ¥322.44 million, an increase of about 82.5%[13] - The company has no known related party transactions among the top shareholders[11] - The company has not disclosed any significant new strategies or product developments during the reporting period[12] - The company reported a net investment income of ¥8,812,012.57 for the first three quarters of 2021, compared to ¥6,191,410.11 in the same period of 2020, marking an increase of 42.43%[17]

Financial Performance - The company's operating revenue for Q1 2022 was RMB 445,136,525.26, representing a year-on-year increase of 16.96%[2] - The net profit attributable to shareholders of the listed company was RMB 14,281,876.43, showing a significant decrease of 85.09% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was RMB 8,931,314.73, down 90.41% year-on-year[4] - Basic earnings per share were RMB 0.0321, reflecting a decrease of 85.09% year-on-year[4] - Diluted earnings per share were RMB 0.0319, also down 85.16% compared to the previous year[4] - In Q1 2022, the total comprehensive income attributable to the parent company was CNY 14,281,876.43, a decrease from CNY 95,812,770.36 in Q1 2021[19] - Net profit for Q1 2022 was CNY 14,588,382.12, a decrease of 84.7% from CNY 95,514,175.15 in Q1 2021[18] Research and Development - The total R&D investment amounted to RMB 118,539,339.57, an increase of 41.49% compared to the previous year, accounting for 26.63% of operating revenue[4] - Research and development expenses for Q1 2022 amounted to CNY 118,539,339.57, an increase of 41.5% compared to CNY 83,777,760.41 in Q1 2021[17] Cash Flow - The net cash flow from operating activities was negative at RMB -45,098,151.50, indicating a significant cash outflow during the period[4] - Cash inflow from operating activities in Q1 2022 was CNY 511,119,151.10, compared to CNY 383,318,436.58 in Q1 2021, representing an increase of approximately 33.4%[20] - Cash outflow from operating activities totaled CNY 556,217,302.60 in Q1 2022, up from CNY 322,319,274.51 in Q1 2021, indicating a significant increase in operational expenses[21] - Net cash flow from operating activities was negative at CNY -45,098,151.50 in Q1 2022, contrasting with a positive CNY 60,999,162.07 in Q1 2021[21] - Cash inflow from investment activities was CNY 184,363,212.36 in Q1 2022, compared to CNY 144,073,397.26 in Q1 2021, showing an increase of about 28%[21] - Net cash flow from investment activities was CNY -277,335,562.94 in Q1 2022, an improvement from CNY -428,309,262.34 in Q1 2021[21] - Cash inflow from financing activities reached CNY 214,544,277.54 in Q1 2022, significantly higher than CNY 48,010,489.66 in Q1 2021[22] - The company reported a net decrease in cash and cash equivalents of CNY -111,119,748.64 in Q1 2022, compared to a decrease of CNY -367,514,551.74 in Q1 2021[22] Assets and Liabilities - Total assets at the end of the reporting period were RMB 5,161,770,378.25, an increase of 5.53% from the end of the previous year[4] - Total assets increased to CNY 5,161,770,378.25 in Q1 2022 from CNY 4,891,396,285.82 in Q1 2021, representing a growth of 5.5%[15] - The total liabilities as of March 31, 2022, are not provided, but the company should monitor its debt levels closely in future reports[12] - Total liabilities rose to CNY 1,348,100,813.66 in Q1 2022, compared to CNY 1,107,554,585.95 in Q1 2021, marking an increase of 21.7%[15] - The company's equity attributable to shareholders increased to CNY 3,505,359,669.84 in Q1 2022 from CNY 3,484,938,310.81 in Q1 2021, a growth of 0.6%[15] - Short-term borrowings increased to CNY 210,000,000.00 in Q1 2022 from CNY 145,000,000.00 in Q1 2021, reflecting a rise of 44.8%[15] - The company reported a decrease in accounts payable to CNY 426,727,403.54 in Q1 2022 from CNY 451,477,819.54 in Q1 2021, a decline of 5.5%[15] Other Information - The company has not disclosed any new product developments or technological advancements in this quarter[12] - There are no significant mergers or acquisitions reported during this period[12] - The company has not provided specific future guidance or market expansion strategies in this report[12] - The report indicates that there are no significant changes in shareholder relationships or actions among the top shareholders[11]

Financial Performance - The company reported a total revenue of 1.2 billion CNY for the first half of 2021, representing a year-on-year increase of 25%[1]. - The net profit for the first half of 2021 was 300 million CNY, up 30% compared to the same period last year[1]. - The company's operating revenue for the first half of 2021 was RMB 870,222,866.48, representing a 25.54% increase compared to RMB 693,185,157.26 in the same period last year[15]. - The net profit attributable to shareholders of the listed company decreased by 12.58% to RMB 269,573,408.52 from RMB 308,380,179.19 year-on-year[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 258,293,834.32, down 11.47% from RMB 291,761,947.96 in the previous year[15]. - The company achieved a total revenue of 469,187,135.00 RMB, with a net profit of 328,565,559.05 RMB, reflecting a significant increase in performance compared to the previous period[42]. - The operating profit for the same period was 294.69 million yuan, a decrease of 16.67% compared to the previous year[50]. - The company reported a net profit of 21,321.78 million CNY for the first half of 2021, representing a significant increase compared to previous periods[79]. Research and Development - Research and development expenses increased by 40% in the first half of 2021, reflecting the company's commitment to innovation[1]. - R&D expenditure as a percentage of operating revenue rose by 8.97 percentage points to 18.96%[18]. - The company achieved a significant increase in R&D investment, totaling approximately ¥165 million, representing a 138.22% increase compared to the previous period[36]. - R&D expenses accounted for 18.96% of total revenue, an increase of 8.97 percentage points year-over-year[36]. - The company has developed advanced capabilities in integrated circuit design and sensor technology, focusing on infrared imaging products[23]. - The company has a workforce of 746 R&D personnel, accounting for 47.70% of total employees, highlighting its commitment to innovation[28]. - The company has filed for 120 new intellectual property rights, including 16 new invention patents during the reporting period[35]. Market Expansion and Strategy - The company plans to launch two new products in Q3 2021, aiming to capture an additional 10% market share in the semiconductor sector[1]. - The company is expanding its market presence in Southeast Asia, targeting a 5% market penetration by the end of 2022[1]. - The company is focusing on technological innovations such as smaller pixel sizes (currently 12μm) and wafer-level packaging to meet the growing demands for thermal imaging modules in security, temperature measurement, automotive, and personal vision systems[30]. - The company is actively pursuing the development of high-precision laser ranging technology, capable of meeting demands for distances between 3-15 km, now in mass production[33]. - The company is expanding its applications in emerging civil sectors, including automotive assistance and IoT, as consumer demand grows[30]. Financial Position and Assets - The net assets attributable to shareholders at the end of the reporting period were RMB 3,189,779,237.08, an increase of 8.91% from RMB 2,928,777,343.37 at the end of the previous year[17]. - Total assets at the end of the reporting period reached RMB 3,979,614,726.21, reflecting a 12.27% increase from RMB 3,544,575,592.74 at the end of the previous year[17]. - Cash generated from operating activities significantly decreased by 95.08% to RMB 4,301,505.61 compared to RMB 87,491,865.77 in the same period last year[15]. - The company reported a significant increase in contract liabilities, which rose to RMB 41,345,883.43 from RMB 508,470.00, indicating a growth of over 8,000%[183]. - The total liabilities stood at RMB 621,470,609.62, slightly up from RMB 614,810,188.85, showing a marginal increase of approximately 1.1%[178]. Risks and Challenges - The management highlighted potential risks related to supply chain disruptions, which could impact future performance[1]. - The company faces risks related to high concentration in the procurement of key raw materials, which could impact production if major suppliers encounter difficulties[59]. - The company has no plans for mergers or acquisitions in the near term, focusing instead on organic growth strategies[1]. Social Responsibility and Environmental Commitment - The company is committed to social responsibility, supporting poverty alleviation and rural revitalization initiatives in revolutionary old areas, enhancing the quality of life for local residents[90]. - The company has implemented measures to reduce carbon emissions, although specific details were not disclosed in the report[90]. - The company is focused on promoting biodiversity and ecological balance through the application of infrared thermal imaging technology in wildlife conservation[87]. Shareholder Commitments and Governance - The controlling shareholder, Ma Hong, has committed to not transferring or entrusting the management of shares held prior to the company's public offering for 36 months from the date of listing[99]. - The company has established long-term commitments for shareholding restrictions for several key shareholders, ensuring stability in ownership[97]. - The company will ensure that its remuneration policies are linked to the performance of measures to offset any dilution of immediate returns from the IPO[102]. - The company guarantees that there will be no fraudulent issuance of shares during the IPO process, and any violations will lead to share buyback procedures[105].

Financial Performance - Operating income for the first quarter reached CNY 380,597,510.22, a 64.94% increase year-on-year [5]. - Net profit attributable to shareholders was CNY 95,812,770.36, reflecting a 12.68% increase from the same period last year [4]. - Basic earnings per share rose by 12.67% to CNY 0.2153 [4]. - Total operating revenue for Q1 2021 reached RMB 380,597,510.22, a 64.94% increase compared to RMB 230,744,131.53 in Q1 2020 [14]. - The company's total comprehensive income for Q1 2021 was ¥95,514,175.15, compared to ¥85,062,952.74 in Q1 2020, reflecting an increase of approximately 12% [25]. - The company reported a total profit of ¥107,311,500.91 for Q1 2021, compared to ¥96,695,987.27 in Q1 2020, an increase of about 11% [25]. Cash Flow - The net cash flow from operating activities surged by 196.09% to CNY 60,999,162.07 compared to the previous year [4]. - Cash inflow from operating activities totaled ¥383,318,436.58, compared to ¥267,846,813.88 in Q1 2020, indicating an increase of about 43.1% [31]. - The net cash flow from investment activities was -¥428,309,262.34, worsening from -¥76,425,063.21 in the same quarter last year [31]. - Cash outflow from investment activities was ¥572,382,659.60, compared to ¥86,526,041.84 in Q1 2020, showing a substantial increase in investment expenditures [31]. - The total cash and cash equivalents at the end of Q1 2021 were ¥831,396,045.35, down from ¥1,468,249,225.46 at the end of Q1 2020 [32]. Assets and Liabilities - Total assets increased by 4.71% to CNY 3,711,381,439.18 compared to the end of the previous year [4]. - The company's cash and cash equivalents decreased to approximately RMB 872 million from RMB 1.24 billion, representing a decline of about 29.8% [19]. - Total liabilities amounted to ¥609,718,381.64, down from ¥614,810,188.85, a decrease of about 0.15% [21]. - The total current liabilities increased to ¥100,070,993.37 from ¥46,159,845.40, a significant rise of approximately 116.5% [23]. - The total current assets were reported at approximately ¥1.47 billion, with no changes noted [41]. Research and Development - Research and development expenses accounted for 22.01% of operating income, up 9.42 percentage points year-on-year [5]. - The company's research and development expenses increased by 188.49% to RMB 83,777,760.41 from RMB 29,039,927.82 in the same period last year [14]. - Research and development expenses surged to ¥83,777,760.41 in Q1 2021, a significant increase of 188% from ¥29,039,927.82 in Q1 2020 [24]. Market and Growth Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth [14]. - The company is actively pursuing market expansion and new product development strategies, although specific details were not disclosed in the report [17]. Shareholder Information - The company reported a total of 11,040 shareholders at the end of the reporting period [8]. - Shareholders' equity increased to ¥3,101,663,057.54 from ¥2,929,765,403.89, marking a growth of approximately 5.9% [21]. Other Financial Metrics - The weighted average return on net assets decreased by 0.35 percentage points to 3.22% [4]. - The company has ongoing litigation involving a patent dispute with a claimed amount of approximately RMB 44.23 million, which may impact future profits [18]. - The company has reported no significant changes in its net profit forecast for the year, indicating stability in its financial outlook [18].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 445,136,525.26, representing a year-on-year increase of 16.96%[2] - The net profit attributable to shareholders was RMB 46,221,057.76, showing a significant decrease of 61.73% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was RMB 40,870,496.06, down 65.39% year-on-year[3] - Basic earnings per share were RMB 0.1039, down 61.72% compared to the previous year[3] - Net profit for Q1 2022 was CNY 46,527,563.45, a decrease of 61.3% from CNY 120,482,784.53 in Q1 2021[18] - Earnings per share for Q1 2022 were CNY 0.1039, down from CNY 0.2714 in Q1 2021[19] Cash Flow - The net cash flow from operating activities was negative at RMB -45,098,151.50, indicating a cash outflow[3] - Cash flow from operating activities in Q1 2022 was CNY 471,272,736.57, an increase from CNY 350,102,425.78 in Q1 2021[20] - Operating cash inflow totaled CNY 511,119,151.10, an increase from CNY 383,318,436.58 in the previous year, reflecting a growth of approximately 33.4%[21] - Operating cash outflow amounted to CNY 556,217,302.60, compared to CNY 322,319,274.51 last year, indicating a significant increase of about 72.5%[21] - Net cash flow from operating activities was negative at CNY -45,098,151.50, a decline from a positive CNY 60,999,162.07 in the previous year[21] - Net cash flow from investing activities was CNY -277,335,562.94, an improvement from CNY -428,309,262.34 year-over-year[22] - Cash inflow from financing activities reached CNY 214,544,277.54, a substantial increase from CNY 48,010,489.66 in the previous year[22] - Net cash flow from financing activities was CNY 211,505,567.06, contrasting with a negative CNY -2,187,198.84 in the previous year[22] - The ending cash and cash equivalents balance was CNY 636,552,042.38, down from CNY 831,396,045.35 year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period were RMB 5,156,846,612.19, up 5.43% from the end of the previous year[3] - The total current assets reached CNY 3,066,439,227.42, compared to CNY 2,988,433,837.05 in the previous year, indicating an increase of about 2.6%[13] - Cash and cash equivalents were reported at CNY 694,832,496.98, down from CNY 812,902,180.02, reflecting a decrease of approximately 14.5%[12] - The company's short-term borrowings increased to CNY 210,000,000.00 from CNY 145,000,000.00, marking a rise of about 44.8%[14] - The total liabilities amounted to CNY 1,348,100,813.66, up from CNY 1,107,554,585.95, which is an increase of approximately 21.7%[14] - The company's equity capital was reported at CNY 446,023,750.00, slightly up from CNY 445,000,000.00, showing a marginal increase of 0.23%[14] - The total assets as of March 31, 2022, amounted to CNY 5,156,846,612.19, an increase from CNY 4,891,396,285.82 as of December 31, 2021, representing a growth of approximately 5.4%[12]. Research and Development - Research and development expenses totaled RMB 92,947,757.61, an increase of 46.67% year-on-year, accounting for 20.88% of operating revenue[3] - Research and development expenses for Q1 2022 amounted to CNY 92,947,757.61, representing a 46.7% increase from CNY 63,373,155.41 in Q1 2021[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,986[7] - The company reported a total of 18,000,000 shares held by Shanghai Gao Yi Asset Management Partnership, which is the largest shareholder[9] - The total number of shares held by the top ten unrestricted shareholders was 78,000,000, indicating a concentration of ownership[9]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2021, representing a year-over-year growth of 15%[11]. - The company's operating revenue for 2021 was ¥1,780,286,617.63, representing a year-on-year increase of 14.02% compared to ¥1,561,442,486.90 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥461,180,017.63, a decrease of 21.06% from ¥584,203,782.27 in 2020[21]. - The net cash flow from operating activities increased by 33.52% to ¥218,793,275.96 in 2021, up from ¥163,867,174.05 in 2020[21]. - The gross margin improved to 45%, up from 40% in the previous year, due to cost optimization strategies[11]. - The company achieved a significant increase in foreign sales revenue, with an 18.41% growth compared to the previous year, primarily driven by the strong performance of infrared thermal imaging products[89]. - The company reported a significant increase in financing cash flow by 679.79% to ¥213,295,888.56, due to additional capital from minority shareholders and increased bank loans[96]. Research and Development - The company is investing RMB 200 million in R&D for new infrared imaging technologies, aiming to enhance product capabilities[11]. - The company increased its R&D investment as a percentage of operating revenue to 23.47% in 2021, up from 14.62% in 2020, reflecting a rise of 8.85 percentage points[22]. - R&D investment reached 417.77 million RMB, an increase of 82.95% year-on-year, with R&D personnel accounting for 43.78% of the total workforce[28]. - The company has applied for 1,492 patents, with 968 approved, indicating strong innovation capabilities[46]. - The company is focusing on technological innovations such as smaller pixel sizes (currently 12μm) and wafer-level packaging to meet the growing demands for thermal imaging modules in security, temperature measurement, automotive, and personal vision systems[47]. Market Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2023[11]. - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions to enhance its market share[130]. - The company is focusing on expanding its market share in outdoor consumer products, particularly in hunting and outdoor activities[64]. - The company aims to create incremental value through technological advancements and expand human perception capabilities[116]. Corporate Governance - The board of directors has confirmed the accuracy and completeness of the annual report, ensuring transparency for investors[2]. - The company emphasizes the importance of investor awareness regarding the risks associated with forward-looking statements in the report[6]. - The independent directors and supervisory committee have ensured compliance with the profit distribution plan, protecting the rights of minority shareholders[151]. - The company has implemented a robust internal control system, significantly enhancing its risk prevention capabilities and operational standards[123]. Risk Management - The company has outlined various operational risks and corresponding mitigation strategies in the report[3]. - The company faces risks related to high procurement concentration for key raw materials, which could adversely affect production if major suppliers encounter difficulties[77]. - The company is at risk of losing core technical personnel, which could negatively impact its research and development capabilities and profitability[76]. - The company is exposed to foreign exchange risks due to its reliance on USD for exports, which could impact financial performance amid currency fluctuations[82]. Social Responsibility - The company provided over 40 infrared thermal imaging night vision devices to monitor the movements of wild Asian elephants, contributing to the protection of this endangered species[166]. - The company actively participated in controlling wild boar populations by supplying high-performance thermal imaging devices to relevant departments, addressing the issue of wild boar overpopulation in several provinces[167]. - The company donated CNY 1 million to the Harbin Engineering University Yantai Graduate School scholarship fund, supporting talent development in the optical and AI industries[171]. - The company is committed to promoting biodiversity and ecological balance through collaboration with government agencies and organizations in wildlife protection initiatives[166]. Dividend Policy - The company plans to distribute a cash dividend of 1.12 CNY per 10 shares, totaling 49.84 million CNY, which represents 10.81% of the net profit attributable to shareholders[5]. - The company has established a cash dividend policy that requires at least 10% of the distributable profits to be distributed in cash annually, provided certain conditions are met[150]. - The company’s profit distribution plan is subject to approval by the shareholders' meeting, ensuring transparency and compliance with regulations[150]. Acquisitions - The company acquired a 56.253% stake in Wuxi Huace Electronic System Co., Ltd. for a total transaction price of ¥359,352,200, with ¥281,265,200 paid from the company's own funds[159]. - The company plans to integrate Wuxi Huace's business, assets, finance, and personnel to enhance operational efficiency and risk management capabilities[159]. - The company has established a strategic committee to enhance its strategic planning and execution[141]. Employee Management - The company has a total of 4 retired employees that need to be accounted for in its financial obligations[146]. - The company has implemented a performance-based incentive system to enhance employee motivation and innovation[147]. - The company has a commitment from its controlling shareholder to resolve related party transactions and competition issues, ensuring compliance with regulations[186].