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天准科技(688003) - 2022 Q3 - 季度财报
2022-10-26 16:00
证券代码:688003 证券简称:天准科技 单位:元 币种:人民币 2022 年第三季度报告 苏州天准科技股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏,并对其内容的真实性、准确性和完整性依法承担法律责任。 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。 公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | |-----------------------------|----------------|-----------------------------------------|----------------|-----------------------------------------------| | ...
天准科技(688003) - 2022 Q2 - 季度财报
2022-08-17 16:00
公司代码:688003 公司简称:天准科技 2022 年半年度报告 苏州天准科技股份有限公司 2022 年半年度报告 1 / 186 2022 年半年度报告 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性,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。 二、重大风险提示 公司已在本报告中详细阐述公司在经营过程中可能面临的各种风险及应对措施,敬请查阅本 报告"第三节 管理层讨论与分析/五、风险因素"部分 三、公司全体董事出席董事会会议。 四、本半年度报告未经审计。 五、公司负责人徐一华、主管会计工作负责人杨聪及会计机构负责人(会计主管人员)张霞虹声 明:保证半年度报告中财务报告的真实、准确、完整。 六、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 七、是否存在公司治理特殊安排等重要事项 □适用 √不适用 八、前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的公司未来计划、发展战略等前瞻性陈述,均不构成公司对投资者的实质性 承诺,投资者及相关人士均应对此保持足够的风险认识,并应当理解计划、预测与承诺之间的差 异。敬 ...
天准科技(688003) - 2021 Q4 - 年度财报
2022-05-08 16:00
Financial Performance - The company plans to distribute a cash dividend of 4.00 CNY per 10 shares, totaling 76 million CNY, which represents 113.33% of the net profit attributable to shareholders for the year[7]. - The company has not yet achieved profitability since its listing[5]. - The company's operating revenue for 2021 was CNY 1,265,238,702.28, an increase of 31.23% compared to CNY 964,110,234.89 in 2020[31]. - The net profit attributable to shareholders for 2021 was CNY 134,125,858.80, reflecting a growth of 24.91% from CNY 107,381,259.83 in 2020[31]. - The net cash flow from operating activities decreased significantly to CNY -164,003,617.63, a decline of 417.73% compared to CNY 51,617,988.81 in 2020[31]. - The company's total assets increased by 22.18% to CNY 2,591,476,461.37 at the end of 2021, up from CNY 2,121,007,275.89 at the end of 2020[31]. - The basic earnings per share for 2021 was CNY 0.7055, a 26.66% increase from CNY 0.5570 in 2020[31]. - The net profit after deducting non-recurring gains and losses for 2021 was CNY 97,123,033.89, up 16.73% from CNY 83,206,356.11 in 2020[31]. - The weighted average return on equity increased to 8.81% in 2021, up by 2.19 percentage points from 6.62% in 2020[31]. Research and Development - Research and development expenses accounted for 20.77% of operating revenue in 2021, an increase of 4.74 percentage points from 16.03% in 2020[31]. - The company has filed 161 new patent applications during the reporting period, including 116 invention patents, and has received 69 patent grants[73]. - Total R&D investment reached approximately 262.74 million yuan, a significant increase of 69.96% compared to the previous year, representing 20.77% of operating revenue[77][78]. - The company added 155 new R&D personnel, a year-on-year increase of 24.26%[78]. - The company has a dedicated R&D team of 794 members, accounting for 41.64% of total employees, with expertise in various fields including machine vision and deep learning[115]. - The company is actively pursuing advancements in automated defect detection technologies, enhancing production efficiency and quality assurance across its product lines[103]. Market Position and Strategy - The company has established a strong partnership with NVIDIA, becoming a gold partner for the Jetson product line, enhancing its AI edge computing platform for intelligent networking applications[53]. - The company has served over 4,000 mid-to-high-end industrial clients globally, emphasizing its commitment to industrial digitalization and intelligent development[52]. - The company is a leading player in the domestic industrial machine vision sector, actively participating in multiple industry alliances and standard-setting committees[62]. - The company aims to expand its market share through platform construction and continuous product iteration, enhancing its scalability[114]. - The company has established a strong brand presence with major clients such as Foxconn, BOE, and Alibaba, enhancing its market position[114]. Acquisitions and Investments - The company completed the acquisition of 100% of German MueTec in May 2021 and is actively integrating its operations, focusing on promoting MueTec's existing products, especially in the Chinese market[51]. - The company invested 12.19 million euros in MueTec, increasing its ownership to 100% and expanding the consolidation scope to include MueTec and its wholly-owned subsidiary[167]. - The company’s investment in MueTec represents a significant strategic move to enhance its technological capabilities in the semiconductor sector[197]. Risks and Challenges - The company has detailed various risks it may face in the "Management Discussion and Analysis" section of the report[5]. - The company faces risks related to technology talent retention, with 794 R&D personnel being critical for innovation and development[115]. - The ongoing COVID-19 pandemic poses risks to global economic stability, potentially affecting the sales and operational capabilities of the company’s downstream clients[134]. - The company reported a negative operating cash flow of -164.00 million RMB, primarily due to increased procurement and employee costs, which may lead to tight working capital if the trend continues[130]. Operational Efficiency - The company’s asset-liability ratio was 40.58% at the end of the reporting period, indicating a moderate level of solvency, but high working capital needs could pose liquidity risks if financing channels are not effectively expanded[127]. - The company reported a significant increase in accounts payable, which rose by 66.01% to ¥210,392,337.17, reflecting higher procurement volumes[185]. - Inventory balance grew from 250.12 million RMB in 2019 to 698.77 million RMB in 2021, with a low inventory turnover rate of 1.26, 1.71, and 1.33, raising concerns about operational efficiency and liquidity[124]. Product Development - The company is committed to expanding its market presence through innovative product development and strategic R&D investments[82]. - The company is focusing on market expansion through the development of new products, including online glue detection integrated equipment and general imaging measurement devices[88]. - The company has developed prototypes for multiple projects, including laser direct imaging equipment and AI edge computing devices, which have passed testing and entered the capitalization phase as of February 2021[93].
天准科技(688003) - 2022 Q1 - 季度财报
2022-04-29 16:00
2022 年第一季度报告 单位:元 币种:人民币 证券代码:688003 证券简称:天准科技 苏州天准科技股份有限公司 2022 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、准确性和完整性依法承担法律责任。 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。 公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)保证季度报告中财务报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | |-----------------------------------------------|----------------|-------------------------------------| | 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 | 141,627,120.81 | ...
天准科技(688003) - 2021 Q4 - 年度财报
2022-04-14 16:00
2021 年度报告 公司代码:688003 公司简称:天准科技 苏州天准科技股份有限公司 2021 年年度报告 1 / 255 2021 年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性,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。 二、 公司上市时未盈利且尚未实现盈利 □是 √否 三、 重大风险提示 公司已在本报告中详细描述了可能存在的相关风险,敬请查阅本报告"第三节 管理层讨论 与分析"之"四、风险因素"中关于公司可能面临的各种风险及应对措施部分内容。 四、 公司全体董事出席董事会会议。 五、 中汇会计师事务所(特殊普通合伙)为本公司出具了标准无保留意见的审计报告。 六、 公司负责人徐一华、主管会计工作负责人杨聪及会计机构负责人(会计主管人员)张霞虹 声明:保证年度报告中财务报告的真实、准确、完整。 七、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司2021年度拟以实施权益分派股权登记日登记的总股本扣减公司回购专用证券账户中股份 为基数分配利润,向全体股东每10股派发现金红利4.00元(含税)。截至2 ...
天准科技(688003) - 2021 Q3 - 季度财报
2021-10-28 16:00
2021 年第三季度报告 单位:元 币种:人民币 1 / 16 证券代码:688003 证券简称:天准科技 苏州天准科技股份有限公司 2021 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏,并对其内容的真实性、准确性和完整性依法承担法律责任。 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。 公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 本报告期 年初至报告期 | --- | --- | --- | --- | --- | |------------------------------------------------|----------------|------------------------------|----------------|--------------------- ...
天准科技(688003) - 2021 Q2 - 季度财报
2021-08-27 16:00
Financial Performance - The company reported a significant increase in revenue for the first half of 2021, achieving a total revenue of 500 million RMB, representing a growth of 25% year-over-year[19]. - The company's operating revenue for the first half of the year reached ¥371,736,511.49, representing a 66.10% increase compared to ¥223,799,271.67 in the same period last year[26]. - The net profit attributable to shareholders decreased by 27.84% to ¥2,208,624.53 from ¥3,060,647.97 year-on-year, primarily due to increased personnel costs and share-based payment expenses[26]. - The net cash flow from operating activities fell by 47.60% to -¥226,710,154.21, attributed to rising personnel compensation and strategic stockpiling of raw materials[26]. - The company achieved a revenue of 371.74 million yuan, representing a year-on-year increase of 66.10%[112]. - Revenue from the photovoltaic silicon wafer inspection and sorting equipment reached 128.14 million yuan, up 205.83% year-on-year, exceeding last year's total revenue[112]. - The company’s net profit attributable to shareholders was RMB 2.21 million, a decrease of 27.84% year-on-year, primarily due to increased personnel costs and share-based payment expenses[134]. - Excluding the impact of share-based payments, the net profit for the reporting period was RMB 24.44 million, a year-on-year increase of 698.64%[134]. Research and Development - The company has allocated 100 million RMB for research and development in artificial intelligence technologies, aiming to integrate AI into its existing product lines[19]. - Research and development expenses accounted for 29.79% of operating revenue, an increase of 6.29 percentage points compared to 23.50% in the same period last year[28]. - Total R&D investment reached 110,725,682.46 yuan, a significant increase of 110.57% compared to the previous period[70]. - The company has filed 87 new patent applications during the reporting period, including 62 invention patents, and has obtained 22 patents, with 10 being invention patents[65]. - The company has developed advanced 3D vision sensors that exceed the performance of similar products from international competitors in certain metrics[64]. - The company has maintained a high level of R&D investment to ensure future profitability and competitiveness[71]. - The company has a total of 667 R&D personnel and has obtained 123 patents, demonstrating strong technical resources to support R&D projects[72]. - The company’s R&D projects are considered cautious and reasonable compared to peers in the industry regarding capitalization timing[89]. Market Expansion and Strategy - The company is actively pursuing market expansion strategies, targeting new regions in Southeast Asia, with plans to establish local partnerships by Q4 2021[19]. - The company is expanding its sales network into overseas markets, including Europe, the US, South Korea, and Taiwan[52]. - The company’s strategic upgrade to "Industrial Vision + Industrial Intelligence" aims to enhance its market presence and operational capabilities[114]. - The company emphasizes continuous communication with clients to identify new needs and secure new orders, enhancing customer relationships[52]. - The company aims to enhance its technological capabilities and market position through ongoing R&D efforts and new product developments[92]. Product Development and Innovation - New product development includes the launch of an advanced automated optical inspection (AOI) system, which is expected to enhance production efficiency by 30%[19]. - The company provides high-end visual measurement and inspection equipment to various industrial sectors, enhancing efficiency and quality[40]. - The company has developed intelligent production lines that optimize manufacturing processes through advanced technologies like machine vision[47]. - Key R&D projects include PCB defect detection equipment, next-generation photovoltaic silicon wafer sorting machines, and general imaging measurement equipment, all aimed at enhancing production efficiency and quality[76]. - The company is in the development stage for multiple new products, including FPD&PCB defect detection equipment with a projected investment of CNY 2,500 million and expected performance metrics reaching international standards[96]. Financial Integrity and Risk Management - The company has no non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[9]. - The company has identified potential risks related to supply chain disruptions and has implemented measures to mitigate these risks, including diversifying suppliers[5]. - The company’s accounts receivable balance increased from RMB 60.62 million in 2018 to RMB 233.37 million in 2020, indicating a rising risk of bad debts[122]. - The company faced a high customer concentration risk, with sales to the top five customers accounting for 70.28%, 53.22%, and 64.39% of total revenue from 2018 to 2020[120]. Environmental and Social Responsibility - The company does not belong to heavily polluting industries and has not faced any environmental penalties during the reporting period[170]. - The company strictly adheres to national environmental laws and regulations, with no pollution incidents reported[170]. - The company has implemented measures to ensure no noise pollution or process wastewater, with solid waste primarily consisting of household garbage[170]. Shareholder and Governance - The company has committed to a lock-up period of 36 months for its major shareholders following the IPO, with specific conditions for share reduction thereafter[173]. - Major shareholders are restricted from reducing their holdings by more than 1% through centralized bidding and 2% through block trading within any 90-day period[173]. - The company will announce any plans to reduce its holdings 15 trading days in advance, adhering to regulatory requirements[182]. - The company has implemented an employee stock ownership plan involving 3,500,000 shares, with a lock-up period of up to 72 months[166].
天准科技(688003) - 2021 Q1 - 季度财报
2021-04-29 16:00
2021 年第一季度报告 公司代码:688003 公司简称:天准科技 苏州天准科技股份有限公司 2021 年第一季度报告 1 / 21 2021 年第一季度报告 重要提示 . 一、 二、 公司基本情况 . 11Í 重要事项 . 四、 附录 . 目录 2 / 21 2021 年第一季度报告 2.1 主要财务数据 单位:元 币种:人民币 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整, 不存在虚假记载、误导性陈述或者重大遗漏,并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人徐一华、主管会计工作负责人杨聪及会计机构负责人(会计主管人员)张霞虹保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 | --- | --- | --- | --- | --- | |-------------------------------------------------|------------------|----------------------|------------- ...
天准科技(688003) - 2020 Q4 - 年度财报
2021-04-07 16:00
Financial Performance - The company's operating revenue for 2020 was CNY 964,110,234.89, representing a year-on-year increase of 78.19% compared to CNY 541,069,294.15 in 2019[21]. - The net profit attributable to shareholders of the listed company reached CNY 107,381,259.83, an increase of 29.10% from CNY 83,178,620.64 in the previous year[21]. - The net cash flow from operating activities increased significantly by 641.43%, amounting to CNY 51,617,988.81, compared to a negative cash flow of CNY -9,533,726.21 in 2019[21]. - The company's total assets as of the end of 2020 were CNY 2,121,007,275.89, reflecting an 11.66% increase from CNY 1,899,543,403.04 at the end of 2019[21]. - The basic earnings per share for 2020 was CNY 0.5570, a 10.73% increase from CNY 0.5030 in 2019[22]. - The total revenue for the company was approximately ¥964.11 million, with a year-over-year increase of 78.19%[107]. - The gross profit margin decreased by 3.27 percentage points to 42.48% compared to the previous year[107]. - The company reported a significant increase in revenue to 964.11 million RMB, a 78.19% increase year-over-year, while operating costs rose to 554.56 million RMB, an 88.92% increase[104]. Dividend Policy - The company plans to distribute a cash dividend of 3.00 CNY per 10 shares, totaling 57,165,000 CNY (including tax), which represents 53.24% of the net profit attributable to shareholders for the year[5]. - The proposed cash dividend is 3.00 RMB per 10 shares (including tax), amounting to a total of 57,165,000 RMB, which represents 53.24% of the net profit attributable to shareholders for the year[160]. - The company has maintained a cash dividend payout ratio of at least 30% of the average annual distributable profit over the last three years[156]. - The cash dividend for 2020 is part of a consistent policy, with previous years showing dividends of 2.00 RMB per 10 shares in 2019 and 1.50 RMB per 10 shares in 2018[162]. - The independent directors have provided clear opinions supporting the dividend proposal, ensuring compliance with decision-making procedures[160]. Research and Development - The R&D expenditure accounted for 16.03% of operating revenue, a decrease of 1.48 percentage points from 17.51% in 2019[23]. - Total R&D expenditure increased by 63.20% year-on-year to approximately ¥154.59 million, representing 16.03% of total revenue[59]. - The company added 226 new R&D personnel, a 54.72% increase compared to the previous year, to strengthen its core competitiveness[61]. - The company invested a total of RMB 15,459.03 million in R&D over the past three years, representing 15.66%, 17.51%, and 16.03% of revenue respectively[69]. - The company has applied for 98 new invention patents and received 2 new invention patent authorizations during the reporting period, enhancing its intellectual property portfolio[57]. Market Position and Growth - The company has served over 4,000 clients across various industries, including major corporations like Apple, Samsung, and Bosch, indicating a strong market presence[32]. - The machine vision industry is in a rapid development phase, driven by increasing automation needs in modern industrial production[41]. - The global machine vision market size was approximately $9.6 billion in 2020, with a stable growth rate of 12% over the past decade[43]. - The Chinese machine vision market is expected to reach ¥24.6 billion by 2025, indicating significant growth potential[44]. - The company achieved a revenue of 964.11 million yuan in 2020, an increase of 78.19% year-over-year, and a net profit of 107.38 million yuan, up 29.10% from the previous year[79]. Operational Risks and Governance - The company has detailed various operational risks and corresponding mitigation measures in the report[4]. - The report includes a standard unqualified audit opinion from Zhonghui Certified Public Accountants[4]. - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute a commitment to investors, highlighting investment risks[6]. - The company has confirmed that all board members can guarantee the authenticity, accuracy, and completeness of the annual report[7]. - The company is committed to improving its internal governance structure to enhance operational efficiency and competitive strength[153]. Customer Concentration and Sales - The company faced high customer concentration risk, with sales to the top five customers accounting for 70.28%, 53.22%, and 64.39% of total revenue from 2018 to 2020[89]. - The company's top five customers accounted for 64.39% of total annual sales, indicating a high customer concentration risk[115]. - Revenue from major customers in the consumer electronics sector increased by 113.80% year-over-year, contributing an additional 365.81 million yuan[80]. - The automotive segment experienced a significant decline in revenue, down 59.60% year-over-year, with a gross profit margin of only 23.05%[107]. Strategic Initiatives - The company is actively exploring new fields, including AI edge computing devices and defect detection equipment for PCB and FPD industries[83]. - The company plans to enhance its research and development capabilities by increasing financial and human resources, aiming to improve product quality and market competitiveness[174]. - The company aims to create new profit growth points by promoting the application of machine vision technology in various industrial fields[149]. - The company will continue to strengthen its marketing capabilities and expand its customer base, particularly in the automotive and semiconductor industries[150]. - The company is committed to sustainability initiatives, allocating $10 million towards eco-friendly practices in production[181].
天准科技(688003) - 2020 Q4 - 年度财报
2021-03-09 16:00
Financial Performance - The company's operating revenue for 2020 was ¥964,110,234.89, representing a year-on-year increase of 78.19%[31]. - The net profit attributable to shareholders for 2020 was ¥107,381,259.83, an increase of 29.10% compared to 2019[31]. - The company's total assets at the end of 2020 were ¥2,121,007,275.89, reflecting an 11.66% increase from the previous year[31]. - The basic earnings per share for 2020 was ¥0.5570, a 10.73% increase compared to ¥0.5030 in 2019[33]. - The net profit attributable to shareholders in Q4 2020 was ¥89,597,826.43, showing strong performance in the last quarter[38]. - The company's net assets attributable to shareholders decreased by 5.45% to ¥1,546,616,685.80 at the end of 2020[31]. - The weighted average return on net assets for 2020 was 6.62%, a decrease of 2.29 percentage points from 2019[33]. - The gross profit margin for the main business was 42.46% in 2020, indicating a decline from previous years[100]. - The company's gross profit margin for the main business was 42.46%, a decrease of 3.24% compared to the previous year[115]. - The company achieved a net profit attributable to shareholders of the listed company of RMB 107,381,259.83 for the year 2020, with a parent company net profit of RMB 83,433,116.21[174]. Cash Flow and Dividends - The company plans to distribute a cash dividend of 3.00 CNY per 10 shares, totaling 57,165,000 CNY (including tax), which represents 53.24% of the net profit attributable to shareholders for the year[8]. - The total distributable profit of the parent company as of December 31, 2020, was RMB 222,463,046.81[174]. - The company has maintained a cash dividend payout ratio of at least 30% of the average annual distributable profit over the last three years[173]. - The cash dividend for 2019 was RMB 2.00 per 10 shares, totaling RMB 38,720,000, which was 46.55% of the net profit[175]. - The cash dividend for 2018 was RMB 1.50 per 10 shares, totaling RMB 21,780,000, which was 23.05% of the net profit[175]. Research and Development - Research and development expenses accounted for 16.03% of operating revenue in 2020, a decrease of 1.48 percentage points from 2019[34]. - The total R&D expenditure for the year reached ¥154,590,274.53, a significant increase of 63.20% compared to ¥94,724,317.40 in the previous year[70]. - The company filed for 120 new patents during the reporting period, including 98 invention patents, and has a total of 344 patents, with 194 granted, showcasing its commitment to innovation[69]. - The company added 226 new R&D personnel, representing a growth of 54.72% year-over-year, bringing the total number of R&D staff to 639[73]. - The company invested R&D expenses of 79.6 million, 94.7 million, and 154.6 million CNY over the past three years, representing 15.66%, 17.51%, and 16.03% of revenue respectively[84]. Market Position and Growth - The company has served over 4,000 clients, including major international companies such as Apple, Samsung, and Bosch, indicating a strong market presence in various industries[44]. - The company achieved significant growth in the photovoltaic industry, contributing to the overall revenue increase[34]. - The global machine vision market size was approximately $9.6 billion in 2020, with a stable growth rate of 12% over the past decade[55]. - The company is positioned to benefit from the ongoing transformation and upgrading of the manufacturing industry, which increasingly values machine vision technology[57]. - The company is expected to benefit from the ongoing automation and intelligent transformation in manufacturing, leading to increased demand for machine vision products[158]. Operational Risks and Management - The company has detailed various operational risks and corresponding mitigation measures in the report[5]. - The company faces risks related to inventory management, including a large inventory scale and low turnover rate, which could adversely affect operational efficiency[103]. - The company is exposed to exchange rate risks, with foreign exchange gains and losses recorded as CNY 2,151,100 and CNY -15,706,600 in the last three years, respectively[104]. - The ongoing COVID-19 pandemic poses risks to global economic stability, potentially impacting sales in downstream industries served by the company[107]. Corporate Governance and Compliance - The board of directors and supervisory board members have confirmed the authenticity, accuracy, and completeness of the annual report[4]. - The company has not reported any non-operational fund occupation by controlling shareholders or related parties[9]. - The company has not violated any decision-making procedures regarding external guarantees[9]. - The independent directors have provided clear opinions supporting the profit distribution proposals, ensuring transparency and compliance[174]. - The company has established a policy that limits the annual transfer of shares by directors and senior management to no more than 25% of their total holdings during their tenure and for 6 months post-termination[182]. Strategic Initiatives - The company aims to leverage industrial IoT, big data, and cloud computing to enhance manufacturing quality and efficiency through machine vision[57]. - The company plans to adjust its profit distribution policy based on changes in external operating conditions or its own operational status[174]. - The company is investing 100 million in R&D for new technologies aimed at improving operational efficiency[190]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[194]. - The company aims to improve its management capabilities and accelerate talent acquisition to strengthen its competitive position in the market[199].