2022 年第三季度报告 证券代码：688110 证券简称：东芯股份 东芯半导体股份有限公司 2022 年第三季度报告 1 / 14 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 | --- | --- | --- | --- | --- | |------------------------------------------------|----------------|--------------------------------------|-----------------------|----------------------------------- ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 25%[1] - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB, representing a 25% year-over-year growth[22] - The company achieved operating revenue of ¥713,737,192.93 in the first half of 2022, representing a year-on-year increase of 56.96%[29] - The company achieved a revenue of 714 million RMB, representing a year-on-year growth of 56.96%[63] - The company reported a significant increase in revenue, achieving a total of 1.5 billion in the last quarter, representing a 25% year-over-year growth[130] Profitability - The gross profit margin improved to 35%, up from 30% in the same period last year[1] - The gross margin improved to 40%, up from 35% in the previous year, indicating better cost management[22] - The net profit attributable to shareholders was ¥214,658,572.62, a significant increase of 168.69% compared to the same period last year[30] - Net profit attributable to shareholders reached 215 million RMB, an increase of 168.69% compared to the same period last year[63] - The net profit after deducting non-recurring gains and losses reached ¥210,223,501.66, up 184.20% year-on-year[30] User Growth - User data indicates a growth in active users by 15%, reaching a total of 1.2 million users[1] - User data showed a 15% increase in active users, reaching 5 million by the end of the reporting period[22] - User data showed a growth in active users, reaching 10 million, which is a 15% increase compared to the previous quarter[131] Research and Development - Research and development expenses increased by 30%, totaling RMB 100 million, to support new technology initiatives[1] - The company is investing in R&D, allocating 10% of its revenue towards developing new technologies and products[22] - The company reported a total R&D investment of ¥55,070,898.89, representing a 76.44% increase compared to ¥31,213,067.86 in the same period last year[47] - R&D investment accounted for 7.72% of operating revenue, an increase of 0.86 percentage points from 6.86% in the previous year[47] - The number of R&D personnel increased to 99, making up 51.56% of the total workforce, compared to 42.61% in the previous year[54] Market Expansion - The company plans to launch two new semiconductor products by the end of 2022, aiming to capture a larger market share[1] - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2023[1] - Market expansion efforts include entering two new international markets, which are projected to increase overall market share by 5%[22] - Market expansion plans include entering three new international markets by the end of the year, projected to increase market share by 5%[134] Supply Chain Management - The management highlighted potential risks related to supply chain disruptions, which could impact production capacity[1] - The company has established partnerships with three new suppliers to mitigate supply chain risks and ensure steady production[1] - The company plans to enhance its supply chain efficiency, aiming for a 15% reduction in operational costs by the end of the fiscal year[22] - The company has established stable partnerships with well-known packaging and testing companies to ensure supply chain reliability[61] Strategic Initiatives - The company has no plans for mergers or acquisitions in the near term, focusing instead on organic growth strategies[1] - The company is considering strategic acquisitions to enhance its product offerings and market presence[22] - The company is considering strategic acquisitions to enhance its product offerings, with a budget of up to 500 million for potential targets[130] Risks and Challenges - The company faces risks from rapid technological upgrades in the integrated circuit design industry, which could affect product competitiveness if new technologies are not developed timely[67] - The company is exposed to international trade risks, particularly due to increasing trade tensions, which could affect the integrated circuit supply chain and operational costs[75] - The company has identified risks related to the ongoing COVID-19 pandemic, which may disrupt supply chains and logistics, affecting overall business performance[76] Environmental and Compliance - The company does not belong to the key pollutant discharge units and does not generate industrial pollutants during its operations[107] - The company actively promotes cost reduction and efficiency enhancement, advocating for green office practices to lower resource consumption[108] - The company has committed to strict compliance with environmental laws and regulations, actively fulfilling its environmental responsibilities[108] Shareholder Commitments - The controlling shareholder has committed to not transferring or managing pre-IPO shares for 36 months post-listing, with a maximum of 2% reduction in the fourth and fifth fiscal years[114] - The company will notify and announce any intended share reductions in accordance with regulatory requirements[116] - The company will not distribute cash dividends in the current and future years until it fully complies with the commitment letter regarding the illegal reduction of holdings[119] Financial Management - The total amount of guarantees reached 148,657,510.00 RMB, accounting for 3.75% of the company's net assets[188] - The company provided guarantees totaling 30,000,000.00 RMB and 120,805,200.00 RMB for its wholly-owned subsidiary, East Semiconductor (Hong Kong) Limited[185] - The total amount of funds raised was 3,336,774,439.20 RMB, with a net amount of 3,063,581,565.39 RMB after deducting issuance costs[191]

Financial Performance - The company achieved operating revenue of approximately CNY 344.46 million, an increase of 82.86% compared to the same period last year[12]. - The net profit attributable to shareholders of the listed company was approximately CNY 110.12 million, a year-on-year increase of 216.92%[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 110.06 million, up 280.88% year-on-year[15]. - The net cash flow from operating activities was CNY 88.05 million, representing a year-on-year increase of 176.35%[12]. - Basic earnings per share were CNY 0.25, an increase of 150.00% compared to the same period last year[12]. - Total operating revenue for Q1 2022 was CNY 344,460,754.71, up from CNY 188,371,953.33 in Q1 2021, representing an increase of approximately 83%[37]. - Net profit for the first quarter of 2022 was CNY 122,200,208.51, compared to CNY 31,800,892.70 in the same period of 2021, representing a significant increase[41]. - Operating profit for the first quarter was CNY 141,214,553.73, up from CNY 33,673,566.45 year-over-year[41]. - Total revenue from sales of goods and services reached CNY 389,271,757.50, compared to CNY 164,678,552.69 in the first quarter of 2021, indicating a strong growth[44]. - The total comprehensive income for the first quarter was CNY 118,140,174.69, compared to CNY 25,703,622.12 in the previous year[42]. Research and Development - The total R&D investment amounted to CNY 22.41 million, an increase of 45.56% year-on-year[12]. - R&D investment accounted for 6.51% of operating revenue, a decrease of 1.66 percentage points compared to the previous year[12]. - Research and development expenses in Q1 2022 amounted to CNY 22,411,026.24, up from CNY 15,396,329.85 in Q1 2021, indicating a growth of approximately 46%[37]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 4.30 billion, an increase of 2.88% from the end of the previous year[12]. - The company's total assets as of Q1 2022 were CNY 4,298,634,153.66, compared to CNY 4,178,428,032.66 in the previous year, showing an increase of about 2.87%[37]. - The equity attributable to shareholders of the listed company was CNY 3.93 billion, an increase of 2.90% compared to the previous year[15]. - The company's equity attributable to shareholders increased from CNY 3,820,252,676.53 to CNY 3,930,878,645.61, reflecting a growth of about 2.9%[37]. - Total liabilities as of Q1 2022 were CNY 213,419,249.89, slightly up from CNY 213,122,603.58 in the previous year[35]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,236[22]. - The largest shareholder, Dongfang Hengxin Capital Holding Group Co., Ltd., holds 143,213,025 shares, accounting for 32.38% of the total shares[22]. - The second-largest shareholder, Qi Liang, holds 28,070,175 shares, representing 6.35% of the total shares[22]. Cash Flow and Financial Position - As of March 31, 2022, the company's cash and cash equivalents amounted to 3,208,015,281.08 RMB, down from 3,431,098,521.70 RMB at the end of 2021[29]. - Cash and cash equivalents at the end of the period were CNY 3,178,015,281.08, down from CNY 336,999,148.14 at the end of the previous year[50]. - The company reported a significant increase in cash received from operating activities, totaling CNY 405,656,662.64, compared to CNY 180,489,833.09 in the first quarter of 2021[48]. - The company’s investment activities resulted in a net cash outflow of CNY 314,817,231.02, compared to CNY 4,177,441.65 in the previous year[49]. Operational Continuity - The company is maintaining normal production operations despite the COVID-19 pandemic, with only the Shanghai office under closed management[28]. - The company plans to actively respond to the pandemic's impact on its financial performance and operational strategies[28]. - The company has subsidiaries in Seoul, Hong Kong, Nanjing, and Shenzhen, ensuring operational continuity[28]. - The company will continue to monitor the global pandemic situation and adjust its business strategies accordingly[28].

Financial Performance - The company reported a revenue increase of 15% year-over-year, reaching 1.2 billion RMB in the last quarter[22]. - The company's operating revenue for 2021 was CNY 1,134,281,270.31, representing a 44.62% increase compared to CNY 784,307,913.62 in 2020[36]. - The net profit attributable to shareholders for 2021 was CNY 261,796,151.50, a significant increase of 1,240.27% from CNY 19,533,095.76 in the previous year[36]. - The net cash flow from operating activities for 2021 was CNY 117,522,087.87, a decrease of 48.54% compared to CNY 228,390,811.55 in 2020[36]. - The total assets at the end of 2021 were CNY 4,178,428,032.66, an increase of 450.68% from CNY 758,774,884.27 in 2020[36]. - The company's net assets attributable to shareholders at the end of 2021 were CNY 3,820,252,676.53, reflecting a 661.91% increase from CNY 501,404,956.99 in 2020[36]. - Basic earnings per share for 2021 were CNY 0.77, up 1,183.33% from CNY 0.06 in 2020[36]. - The company achieved operating revenue of CNY 1,134.28 million, a year-on-year increase of 44.62% due to product line expansion and rising product prices[38]. - The net profit attributable to shareholders reached CNY 261.80 million, a significant year-on-year increase of 1240.27%, with a net profit excluding non-recurring items of CNY 255.27 million, up 1354.24%[38]. - The company’s cash flow from operating activities decreased by 48.54% to 117.52 million RMB[104]. Research and Development - Research and development expenses increased by 18%, reflecting the company's commitment to innovation and technology advancement[22]. - The R&D expenditure as a percentage of operating revenue was 6.60% in 2021, an increase of 0.54 percentage points from the previous year[36]. - The company invested 74.81 million yuan in R&D, accounting for 6.60% of total revenue, with R&D spending increasing by 57.37% year-over-year[47]. - The company has increased its R&D personnel to 87, accounting for 47.28% of the total workforce, with an average salary of ¥536,596.10[79]. - The company has achieved a 57.37% increase in R&D expenses compared to the previous year, reflecting a significant commitment to innovation[72]. - The company is focusing on developing low-power, cost-effective SLC NAND Flash chips for various applications, including communication devices and wearable technology[75]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 20% market share by the end of the fiscal year[22]. - The company plans to enter the European market by Q2 2024, with an initial investment of $200 million[177]. - The company is actively expanding its market presence and exploring new strategies for growth, including potential mergers and acquisitions[166]. - The company is focusing on high-value automotive-grade storage chips, which require higher standards in technology, environmental use, vibration resistance, and reliability compared to traditional consumer electronics[150]. - The company is collaborating with SMIC to develop 1x nm NAND Flash chips, aiming to enhance product competitiveness and open up space for higher capacity and cost-effective products[150]. Corporate Governance - The board of directors has confirmed the authenticity, accuracy, and completeness of the annual report[4]. - The company has established a governance structure that includes a board of directors, supervisory board, and management team, ensuring effective operation and compliance with regulations[156]. - The company has maintained a stable shareholder meeting process, with all proposals passed without any rejections during the annual shareholder meeting[159]. - The company has no outsourced labor arrangements, indicating a focus on in-house talent management[200]. Risk Management - The company has outlined potential risks in its management discussion and analysis section[5]. - The company faces risks related to rapid technological upgrades and product iterations in the semiconductor industry, which could impact its market competitiveness[89]. - The company is exposed to risks from international trade tensions, which could impact the integrated circuit industry[101]. Intellectual Property - The company holds 78 domestic and international invention patents related to mainstream storage chips, showcasing its commitment to intellectual property and technological innovation[85]. - The company applied for 2 patents during the reporting period, all of which are invention patents, and received 3 patent authorizations, all of which are invention patents[71]. Employee and Talent Management - The company has a training program aimed at enhancing the professional skills and sense of belonging of employees, particularly in core technology areas[197]. - The workforce includes 35 employees with a master's degree or higher, 123 with a bachelor's degree, and 26 with an associate degree or lower[195]. - The company is actively recruiting technical personnel and improving internal training mechanisms to build a talent pool that meets rapid development needs[154]. Sustainability Initiatives - The management emphasized a commitment to sustainability, aiming for a 30% reduction in carbon footprint by 2025[178]. - The management team emphasized the importance of sustainability initiatives, aiming to reduce carbon emissions by J% over the next five years[173]. Financial Policies - The company has established a cash dividend policy, aiming for a minimum of 30% of the average distributable profit over the last three years to be distributed as cash dividends[200]. - For the fiscal year 2021, the company plans to distribute cash dividends of 1.80 RMB per 10 shares, totaling approximately 79.6 million RMB, which represents 30.41% of the net profit attributable to shareholders[200].