Financial Performance - The company's operating revenue for 2021 was RMB 543,912,423.04, representing an increase of 11.64% compared to RMB 487,192,557.45 in 2020[20]. - The net profit attributable to shareholders of the listed company decreased by 41.64% to RMB 44,525,813.82 from RMB 76,290,284.24 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 32,665,126.64, down 51.00% from RMB 66,668,779.52 in 2020[20]. - The net cash flow from operating activities was RMB 194,179,867.59, an increase of 3.86% compared to RMB 186,964,489.27 in 2020[20]. - The total assets at the end of 2021 were RMB 1,523,487,024.84, reflecting a growth of 6.91% from RMB 1,425,066,322.85 at the end of 2020[20]. - The net assets attributable to shareholders of the listed company increased by 1.74% to RMB 1,198,751,500.49 from RMB 1,178,237,686.67 in 2020[20]. - Basic earnings per share decreased by 41.38% to CNY 0.17 in 2021 compared to CNY 0.29 in 2020[21]. - The gross profit margin for the quartz mask segment was 21.86%, with revenue of 441.84 million yuan, which decreased by 14.27% compared to the previous year[130]. - The company reported a net profit margin of 12%, up from 10% in the previous year[173]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.6 per 10 shares, totaling RMB 16,008,000.00, which represents 35.95% of the net profit attributable to shareholders[5]. - The company emphasizes cash dividends as a primary method of profit distribution, prioritizing investor returns[200]. - The company maintains a policy of continuous and stable profit distribution, considering the long-term interests of all shareholders[200]. Research and Development - The company is focusing on the development of new technologies such as MicroLED and IGZO for future product enhancements[12]. - The company's R&D expenditure as a percentage of operating income increased by 1.80 percentage points to 6.77%[22]. - The company has applied for 5 national invention patents and 20 utility model patents during the reporting period, indicating a strong focus on innovation[40]. - The company achieved 16 major R&D results in 2021, which have been applied in mask production, enhancing the technical capabilities for 6th generation high-precision AMOLED/LTPS and 8.6 generation high-precision masks[98]. - The total R&D investment for the year 2021 reached 36.84 million yuan, representing a year-on-year growth of 52.24%[96]. - The company is investing $50 million in R&D for new technologies aimed at enhancing product efficiency[173]. - The company is investing in R&D, with a budget increase of 25% to enhance technology development and innovation[174]. Market Position and Strategy - The company is positioned to benefit from the domestic substitution and growth opportunities in the semiconductor chip industry, aiming to expand its market share among key clients[33]. - The company plans to expand its market presence and explore potential mergers and acquisitions to enhance growth opportunities[12]. - The company aims to increase its market share in the domestic mid-to-high-end mask plate market, which currently lags behind international competitors[114]. - The company is focused on achieving the first market share in domestic flat panel display mask plates and aims for a global ranking of third in the same category within five years[159]. - The company is actively expanding its market presence through both self-initiated and agent-based strategies, leveraging industry events and customer referrals[47]. - The company is committed to driving domestic high-end manufacturing of mask plates, enhancing service quality through localized support[110]. Corporate Governance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated decision-making procedures for external guarantees[7]. - The company has not experienced any inability of the majority of directors to ensure the authenticity, accuracy, and completeness of the annual report[7]. - The company has established a remuneration management system for its directors and senior management, which includes fixed salaries and floating allowances[182]. - The company is committed to enhancing corporate governance and has initiated a self-examination and rectification plan[185]. - The company emphasizes its commitment to compliance with the Shanghai Stock Exchange's regulations and guidelines throughout its operations[191]. Risks and Challenges - The company faces risks related to production capacity ramp-up after expansion, which may temporarily impact operational performance[115]. - The company relies heavily on imported raw materials and equipment, creating risks associated with supply shortages and price fluctuations[116]. - The company is exposed to risks from concentrated major customers, where adverse changes in their operations could negatively affect business performance[117]. - The company operates in a capital-intensive industry, which poses risks related to high fixed costs and potential overcapacity if demand decreases significantly[118]. - The company is at risk of market competition intensifying as the demand for mask plates increases with the growth of the flat panel display and semiconductor industries[119]. Employee and Management - The company employs a total of 459 staff members, with 338 in the parent company and 121 in major subsidiaries[196]. - The workforce includes 277 production personnel, 41 sales personnel, and 83 technical personnel[196]. - The number of R&D personnel increased to 83, representing 18.08% of the total workforce, up from 76 and 19.24% in the previous period[106]. - Total R&D personnel compensation rose to ¥1,710.47 million, a 25% increase from ¥1,367.80 million in the prior period[106]. - The company has established a training program to enhance employee skills and management capabilities through internal and external resources[199]. Acquisitions and Partnerships - The company completed a strategic acquisition for $200 million, enhancing its capabilities in the semiconductor sector[173]. - A new strategic partnership has been established with a leading tech firm to co-develop advanced technologies, expected to enhance competitive advantage[174]. - The company is exploring acquisition opportunities to strengthen its product portfolio, targeting companies with a combined revenue of $500 million[174]. Future Outlook - The company provided guidance for Q1 2024, expecting revenue between $1.3 billion and $1.4 billion, representing a growth of 10% to 15%[173]. - The company provided a future outlook projecting a revenue growth of 20% for the next fiscal year, driven by new product launches[176]. - The company plans to enter two new international markets in the upcoming year, targeting a 15% increase in global sales[178].

Financial Performance - The company's operating revenue for Q1 2022 was ¥148,599,692.61, representing a year-on-year increase of 34.28%[5] - The net profit attributable to shareholders was ¥13,277,426.67, reflecting a growth of 5.03% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses decreased by 10.23% to ¥9,503,824.54[5] - Total operating revenue for Q1 2022 was CNY 148,599,692.61, an increase of 34.3% compared to CNY 110,661,580.55 in Q1 2021[21] - Net profit for Q1 2022 reached CNY 13,277,426.67, a slight increase of 5.0% from CNY 12,641,875.71 in Q1 2021[22] - Operating profit for Q1 2022 was CNY 15,061,026.55, compared to CNY 14,818,913.65 in Q1 2021, reflecting a growth of 1.6%[22] Cash Flow and Liquidity - The net cash flow from operating activities was ¥7,937,777.92, showing a significant decline of 62.04%[5] - Cash flow from operating activities for Q1 2022 was CNY 7,937,777.92, down 62.0% from CNY 20,913,504.57 in Q1 2021[26] - The company reported a net decrease in cash and cash equivalents of -23,742,707.78, compared to a decrease of -24,779,281.77 in the previous year[27] - The ending balance of cash and cash equivalents was 125,222,220.50, down from 148,964,928.28 at the beginning of the period[27] - The impact of exchange rate changes on cash and cash equivalents was -447,677.49, compared to -730,030.04 in the previous year[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,535,760,578.51, an increase of 0.81% from the end of the previous year[6] - The total current assets as of March 31, 2022, amounted to RMB 428,479,025.35, showing an increase from RMB 418,650,044.58 at the end of 2021, representing a growth of approximately 1.98%[17] - Accounts receivable increased to RMB 167,450,325.37 from RMB 154,321,737.17, reflecting a rise of about 8.23%[17] - Inventory levels rose significantly to RMB 114,954,766.92, compared to RMB 87,368,651.97, indicating an increase of approximately 31.73%[17] - Total liabilities decreased slightly to RMB 323,731,651.35 from RMB 324,735,524.35, a reduction of about 0.31%[18] - The company's cash and cash equivalents decreased to RMB 125,222,220.50 from RMB 154,864,928.28, a decline of approximately 19.25%[16] - The total assets as of March 31, 2022, were RMB 1,535,760,578.51, up from RMB 1,523,487,024.84, reflecting an increase of about 0.80%[17] - The company reported a total non-current asset value of RMB 1,107,281,553.16, which is slightly up from RMB 1,104,836,980.26, indicating a growth of approximately 0.22%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,141[10] - The largest shareholder, Hong Kong Guangmo Limited, held 36.97% of the shares, totaling 98,636,400 shares[11] - The company’s total equity remained stable at RMB 266,800,000.00, consistent with the previous reporting period[18] Research and Development - Research and development expenses totaled ¥8,925,338.68, accounting for 6.01% of operating revenue, a decrease of 2.64 percentage points year-on-year[6] - Research and development expenses for Q1 2022 were CNY 8,925,338.68, a decrease of 6.7% from CNY 9,567,179.59 in Q1 2021[21] Market and Operational Insights - The company experienced a decline in production scale and profitability due to the COVID-19 pandemic in Shenzhen, while its subsidiary saw an increase in sales volume[9] - The company has not disclosed any significant new product developments or market expansion strategies during this reporting period[15] Financial Expenses - The company reported a decrease in financial expenses, with a net financial cost of CNY -895,154.09 compared to CNY -1,624,846.73 in Q1 2021[22] - Net cash flow from financing activities was negative at -1,312,077.40, while cash inflow from financing activities totaled 58,443,078.28[27] - The company distributed dividends and interest payments totaling 1,312,077.40, with 902,872.49 paid to minority shareholders[27]

Financial Performance - The company's operating revenue for 2021 was RMB 543,912,423.04, representing an increase of 11.64% compared to RMB 487,192,557.45 in 2020[20]. - The net profit attributable to shareholders of the listed company decreased by 41.64% to RMB 44,525,813.82 from RMB 76,290,284.24 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 32,665,126.64, down 51.00% from RMB 66,668,779.52 in 2020[20]. - The net cash flow from operating activities was RMB 194,179,867.59, an increase of 3.86% compared to RMB 186,964,489.27 in 2020[20]. - The total assets at the end of 2021 were RMB 1,523,487,024.84, reflecting a growth of 6.91% from RMB 1,425,066,322.85 at the end of 2020[20]. - The net assets attributable to shareholders of the listed company increased by 1.74% to RMB 1,198,751,500.49 from RMB 1,178,237,686.67 in 2020[20]. - Basic earnings per share decreased by 41.38% to CNY 0.17 in 2021 compared to CNY 0.29 in 2020[21]. - The weighted average return on equity decreased to 3.75% in 2021 from 6.63% in 2020, a drop of 2.88 percentage points[21]. - The company achieved a total revenue of 7,160 million RMB, with a net profit of 3,684 million RMB, representing a year-on-year increase of 6.32%[94]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.6 per 10 shares, totaling RMB 16,008,000.00, which represents 35.95% of the net profit attributable to shareholders[5]. - The company emphasizes a stable and continuous profit distribution policy, prioritizing cash dividends while considering the long-term interests of shareholders[189]. - The company has established a cash dividend policy that aligns with the requirements of the Company Law and relevant stock exchange regulations[192]. Research and Development - The company's R&D investment as a percentage of operating income increased by 1.80 percentage points to 6.77% in 2021[22]. - The company’s R&D investment amounted to 36.84 million yuan, a year-on-year increase of 52.24%, representing 6.77% of operating revenue[40]. - The company applied for 5 invention patents, 20 utility model patents, and 4 software copyrights during the reporting period[87]. - A total of 16 R&D achievements were made, enhancing the technical capabilities of 6th generation high-precision AMOLED/LTPS and 8.6 generation high-precision mask plates[86]. - The company is investing $50 million in R&D for new technologies aimed at enhancing product efficiency[162]. Market Expansion and Strategy - The company plans to expand its market presence and enhance its product offerings in the semiconductor industry[20]. - The company is actively pursuing strategic partnerships and potential acquisitions to strengthen its competitive position[20]. - The company aims to capitalize on the domestic substitution opportunities in the semiconductor chip industry, focusing on expanding its key customer base[33]. - The company is exploring upstream supply chain integration to reduce material costs and improve product quality, which is expected to support overall cost reduction in 2022[150]. - The company aims to become a leading player in the mask plate industry within 2-3 years, focusing on increasing production capacity and market share[147]. Corporate Governance - The company has not reported any special arrangements for corporate governance[7]. - The board of directors has established specialized committees to ensure professional and efficient decision-making processes[154]. - The company has revised its governance documents to clarify the responsibilities and procedures of its governance bodies, ensuring compliance with relevant laws and regulations[155]. - The company is focused on enhancing corporate governance and has implemented a self-inspection report and rectification plan[174]. - The company has undergone changes in its board members, with several independent directors and supervisors leaving due to term expiration and new members being elected[172]. Environmental Management - The company maintained compliance with environmental regulations, achieving all waste gas and wastewater discharge standards throughout 2021[198]. - The company actively participated in environmental protection initiatives and maintained a good corporate image in environmental governance[198]. - The company reported no administrative penalties due to environmental issues during the reporting period[199]. - The company ensured that all waste generated was handled by qualified waste disposal companies[200]. Financial Management - The company has a comprehensive salary system that includes fixed wages, performance bonuses, and various subsidies, with adjustments based on industry standards and company performance[187]. - The total remuneration for core technical personnel at the end of the reporting period was RMB 2.2043 million[171]. - The company's cash flow situation is applicable, indicating a focus on financial management[128]. - The net cash flow from investing activities is -¥304,997,143.24, compared to -¥256,393,138.81 in the previous year, indicating a worsening in investment cash flow[129]. - The company has not engaged in any significant external investments during the reporting period, focusing solely on investments in wholly-owned subsidiaries[139].

证券代码：688138 证券简称：清溢光电 公告编号：2021-024 深圳清溢光电股份有限公司 关于参加 2021 深圳辖区"沟通传递价值，交流创造 良好生态"上市公司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工作，深圳清溢光电股份有限公司（以下简称 "公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办的"沟通 传递价值，交流创造良好生态"——2021 深圳辖区上市公司投资者网上集体接待日活 动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网络远 程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/）或关注微 信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间为 2021 年 11 月 30 日 14:00 至 17:00。 届时公司董事、总经理朱雪华女士，董事、财务总裁吴克强先生及董事会秘书秦 莘女士将通过网络文字形式与投资者进行沟通。 欢迎广大投 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥159,460,260.50, representing a year-on-year increase of 30.83%[5] - The net profit attributable to shareholders decreased by 55.47% to ¥10,262,917.05 compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 60.68% to ¥7,629,557.61 in Q3 2021[5] - The basic earnings per share for Q3 2021 was ¥0.04, down 55.56% year-on-year[6] - Net profit for the third quarter of 2021 was ¥30,966,965.36, a decrease of 50.5% compared to ¥62,548,470.42 in the same quarter of 2020[25] - Basic and diluted earnings per share for the third quarter of 2021 were both ¥0.12, down from ¥0.23 in the same period of 2020[26] Research and Development - Research and development expenses totaled ¥10,723,606.39 in Q3 2021, an increase of 59.07% compared to the same period last year[6] - The company plans to continue increasing investment in new product and technology development, as indicated by the significant rise in R&D spending[12] - Research and development expenses for the first three quarters of 2021 were ¥28,357,855.80, up 65.5% from ¥17,127,953.94 in the same period of 2020[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,525,414,209.92, reflecting a 7.04% increase from the end of the previous year[6] - Current assets totaled CNY 422,394,891.04, down from CNY 471,433,383.35 year-over-year[20] - Accounts receivable increased to CNY 162,041,797.59 from CNY 101,645,607.64, reflecting a growth of approximately 59.3%[20] - Inventory rose to CNY 87,933,961.05, compared to CNY 60,393,736.81, indicating a growth of about 45.7%[20] - Fixed assets increased significantly to CNY 874,760,427.34 from CNY 458,859,010.17, representing a growth of approximately 90.5%[20] - The company's total liabilities increased to ¥340,221,557.89 in Q3 2021, compared to ¥246,828,636.18 in Q3 2020, reflecting a growth of 37.7%[22] - Non-current liabilities totaled ¥163,231,045.75 in Q3 2021, significantly higher than ¥71,398,747.80 in Q3 2020, marking an increase of 128.5%[22] - The company's total equity reached ¥1,185,192,652.03 in Q3 2021, compared to ¥1,178,237,686.67 in Q3 2020, showing a modest increase of 0.6%[22] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥155,238,992.44, showing an increase of 11.57%[6] - In the first three quarters of 2021, the cash inflow from operating activities was CNY 459,572,572.67, a slight decrease of 2.9% compared to CNY 472,993,352.33 in the same period of 2020[28] - The net cash flow from operating activities increased to CNY 155,238,992.44, up 11.5% from CNY 139,144,599.33 year-over-year[28] - Cash outflow for purchasing goods and services was CNY 216,355,116.57, down from CNY 247,681,546.18 in the previous year, indicating a reduction of 12.6%[28] - The total cash outflow from investing activities was CNY 272,128,078.85, significantly higher than CNY 158,167,129.72 in the same period last year, reflecting an increase of 72.0%[29] - The net cash flow from investing activities was negative at CNY -272,118,746.24, worsening from CNY -158,167,129.72 year-over-year[29] - Cash inflow from financing activities amounted to CNY 82,446,582.72, with a net cash flow of CNY 54,671,861.94, compared to a negative cash flow of CNY -66,869,033.24 in the previous year[29] - The ending cash and cash equivalents balance was CNY 155,070,271.36, down from CNY 226,877,406.69 at the end of the previous year, a decrease of 31.6%[29] Shareholder Structure and Employee Compensation - The company has a significant shareholder structure, with the largest shareholder holding 36.97% of shares[15] - The company is actively involved in employee stock ownership plans, indicating a strategy to align employee interests with company performance[17] - Employee compensation payments increased to CNY 49,826,580.67, up from CNY 45,408,855.05, reflecting an increase of 9.0%[28] Other Observations - The subsidiary Hefei QY Optoelectronics reported an operating revenue of ¥30,816,600, but incurred a loss of ¥10,537,600, which increased the loss by nearly ¥9 million compared to the same period last year[7] - The company has not disclosed any significant new product developments or market expansions in the provided data[18] - Total operating revenue for the first three quarters of 2021 reached ¥387,033,323.99, a slight increase of 1.1% compared to ¥383,202,937.71 in the same period of 2020[24] - Total operating costs for the first three quarters of 2021 were ¥353,570,827.98, up 11.7% from ¥316,541,754.51 in the previous year[24] - The financial expenses for the third quarter of 2021 were ¥2,865,486.57, compared to a gain of ¥203,859.59 in the same quarter of 2020[25] - The company reported a significant increase in accounts payable, which rose to ¥104,509,737.62 in Q3 2021 from ¥122,507,229.46 in Q3 2020[22] - The company received tax refunds amounting to CNY 86,690,468.52, a significant increase from CNY 5,213,275.04 in the same period last year[28] - The impact of exchange rate changes on cash and cash equivalents was a decrease of CNY -870,361.03, compared to a decrease of CNY -2,792,396.27 in the previous year[29]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with a year-on-year growth of 25%[1]. - The company's operating revenue for the first half of 2021 was RMB 227.57 million, a decrease of 12.91% compared to RMB 261.32 million in the same period last year[21]. - The net profit attributable to shareholders decreased by 47.59% to RMB 20.70 million from RMB 39.50 million year-on-year[21]. - The net cash flow from operating activities fell by 54.37% to RMB 39.83 million, primarily due to a reduction in customer payments and government subsidies received[23]. - Basic earnings per share decreased by 46.67% to RMB 0.08 from RMB 0.15 in the previous year[22]. - The company's total assets increased by 4.40% to RMB 1.49 billion compared to RMB 1.43 billion at the end of the previous year[21]. - The company's weighted average return on equity decreased by 1.73 percentage points to 1.76% from 3.49% in the same period last year[22]. - The company reported a total revenue of 5,860.0 million RMB for the first half of 2021, an increase from 4,209.7 million RMB in the same period last year[61]. - The company reported a total production of 27.412 tons of low-concentration sulfuric acid for the first half of 2021[111]. Research and Development - The company is investing in R&D, with a budget increase of 30% aimed at developing new technologies[1]. - Research and development expenses accounted for 7.75% of operating revenue, an increase of 3.78 percentage points from 3.97% in the previous year[22]. - The total R&D investment reached ¥17,634,249.41, a significant increase of 69.78% compared to ¥10,386,498.67 in the previous period[56]. - The company applied for 15 new intellectual property rights during the reporting period, including 2 invention patents and 8 utility model patents[54]. - The company achieved 9 major R&D results, enhancing the technical capabilities for 6th generation high-precision LTPS and 8.5 generation high-precision masks[54]. - The company is focusing on developing advanced mask technologies to meet the increasing precision requirements in semiconductor and display industries[42]. - The company has developed 33 core process technologies, with advancements in precision and defect control, such as the 3.5 generation touch panel mask manufacturing technology achieving a minimum line/space width of ±0.75µm[47]. Market Expansion and Strategy - User data indicates a growing customer base, with a 15% increase in active users compared to the previous year[1]. - The company has provided a positive outlook for the second half of 2021, projecting a revenue growth of 20%[1]. - New product launches are expected to contribute an additional 10% to overall revenue in the upcoming quarters[1]. - Market expansion plans include entering two new international markets by the end of 2021[1]. - The company is considering strategic acquisitions to enhance its product offerings and market presence[1]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[135]. - A strategic acquisition of a local competitor is anticipated to enhance the company's product offerings and market reach[135]. Operational Challenges and Risks - The company has identified potential risks in supply chain disruptions, which could impact future performance[1]. - The company faces risks related to reliance on imported materials and equipment, which could impact production if supply issues arise[81]. - The company is exposed to macroeconomic fluctuations that could adversely impact its production and operations[87]. - The ongoing COVID-19 pandemic poses risks related to project delays and equipment maintenance due to restrictions on personnel movement[88]. - The company faces risks from intensified market competition as the mask plate market demand grows due to rapid developments in the flat panel display and semiconductor industries[84]. Environmental Compliance - The company is not listed as a key pollutant unit by the national environmental protection department but is under key supervision by the Shenzhen Nanshan District environmental protection department[108]. - The company has implemented effective pollution control measures, with no exceedances in the emissions of major pollutants reported[109]. - The company has obtained environmental impact assessment approvals for multiple projects, including the high-precision mask project in Hefei, approved on August 10, 2018[111]. - Emergency response plans for environmental incidents have been established and registered, with the latest plan issued on September 9, 2020, valid until September 9, 2023[111]. Shareholder and Governance - The company has committed to not transferring or managing shares held prior to the IPO for a period of 36 months from the listing date[115]. - The company has established a risk assessment report for environmental emergencies, ensuring preparedness for potential incidents[112]. - The company’s management has committed to not engage in activities that harm company interests or involve unfair benefits[131]. - The company will ensure that any share reduction does not affect its operational stability and capital management[125]. - The company has committed to using 50% of cash dividends from shares held and 30% of after-tax salary as performance guarantees for commitments made[137].

Financial Performance - Operating revenue decreased by 10.31% to CNY 110,661,580.55 year-on-year[8] - Net profit attributable to shareholders decreased by 32.95% to CNY 10,587,176.02 compared to the same period last year[8] - Basic and diluted earnings per share decreased by 16.67% to CNY 0.05[7] - Total operating revenue for Q1 2021 was ¥110,661,580.55, a decrease of 10.9% compared to ¥123,375,922.56 in Q1 2020[27] - Net profit for Q1 2021 was ¥12,641,875.71, representing a decline of 23.3% from ¥16,613,891.46 in Q1 2020[28] - Total profit for Q1 2021 was ¥14,826,535.25, down 24.5% from ¥19,749,280.74 in Q1 2020[28] - The comprehensive income total for Q1 2021 was ¥12,641,875.71, down from ¥16,613,891.46 in Q1 2020[28] Revenue Sources - Revenue from semiconductor mask plates grew by 52.19%, increasing its share of total revenue from 9.41% to 16.01%[8] - The company faced a decline in revenue from flat panel display mask plates, which dropped approximately 21.95% year-on-year[8] - Cash received from sales of goods and services was ¥97,136,416.17 in Q1 2021, a decrease of 26.1% from ¥131,471,076.50 in Q1 2020[32] - The company reported a significant decrease in sales revenue from CNY 97,136,416.17 in Q1 2021 compared to CNY 131,471,076.50 in Q1 2020, reflecting a decline of 26.0%[35] Research and Development - R&D expenses accounted for 8.50% of operating revenue, an increase of 5.23 percentage points compared to the previous year[8] - Research and development expenses rose by 137.48% to ¥9,567,179.59, attributed to increased investment in the Shenzhen company and its subsidiary Hefei Qingyi[17] - Research and development expenses increased significantly to ¥9,567,179.59 in Q1 2021, up 137.8% from ¥4,028,674.44 in Q1 2020[27] - The company’s net profit was impacted by increased R&D expenses of CNY 3,440,300 due to the ongoing setup of the Hefei factory[8] Cash Flow - Cash flow from operating activities decreased by 37.79% to CNY 20,913,504.57 year-on-year[7] - The net cash flow from operating activities for Q1 2021 was CNY 20,913,504.57, a decrease of 37.9% compared to CNY 33,618,493.20 in Q1 2020[33] - Total cash inflow from operating activities was CNY 113,525,275.47, down from CNY 161,544,921.00 in the previous year, reflecting a decline of 29.6%[33] - Cash outflow from operating activities totaled CNY 92,611,770.90, compared to CNY 127,926,427.80 in Q1 2020, indicating a reduction of 27.6%[33] - The net cash flow from investing activities was -CNY 102,502,962.09, worsening from -CNY 62,593,523.17 in the same quarter last year[33] - Cash inflow from financing activities was CNY 58,443,078.28, with a net cash flow of CNY 57,540,205.79 after outflows[34] Assets and Liabilities - Total assets increased by 5.82% to CNY 1,508,036,742.18 compared to the end of the previous year[6] - Current liabilities decreased by 44.63% to ¥74,785.81 mainly due to a reduction in tax amounts in contract prepayments[16] - Long-term borrowings increased by 142.15% to ¥87,473,987.04 due to new long-term loans[17] - Total liabilities rose to CNY 317,157,179.80 from CNY 246,828,636.18, marking an increase of about 28.4%[22] - The company's equity increased to CNY 1,190,879,562.38 from CNY 1,178,237,686.67, showing a growth of approximately 1.1%[22] - Accounts receivable increased to CNY 119,342,985.61 from CNY 101,645,607.64, representing a growth of about 17.4%[21] - Inventory rose to CNY 71,999,706.00 from CNY 60,393,736.81, indicating an increase of approximately 19.5%[21] - The total number of shareholders reached 11,805 by the end of the reporting period[12] Other Financial Metrics - Other non-current assets increased by 94.98% to ¥67,936,949.48 due to an increase in prepayments for equipment[16] - Other income increased by 41.52% to ¥2,401,077.91, mainly from increased government subsidy income[17] - The company reported a financial expense of -¥1,624,846.73 in Q1 2021, compared to a financial income of ¥1,064,026.84 in Q1 2020[27] - The company experienced a credit impairment loss of -¥373,308.29 in Q1 2021, compared to a gain of ¥8,028.18 in Q1 2020[28] - The company reported a significant increase in credit impairment losses, with a decrease of 4749.97% in the previous period[17] - The company experienced a negative impact of -CNY 730,030.04 from exchange rate fluctuations on cash and cash equivalents[34]

Financial Performance - The company's operating revenue for 2020 was CNY 487.19 million, a 1.57% increase compared to CNY 479.65 million in 2019[23]. - The net profit attributable to shareholders for 2020 was CNY 76.29 million, representing an 8.55% increase from CNY 70.28 million in 2019[23]. - The cash flow from operating activities increased by 82.08% to CNY 186.96 million in 2020, up from CNY 102.69 million in 2019[23]. - Total assets at the end of 2020 reached CNY 1.43 billion, a 7.29% increase from CNY 1.33 billion at the end of 2019[24]. - The basic earnings per share for 2020 was CNY 0.29, a decrease of 14.71% compared to CNY 0.34 in 2019[25]. - The company reported a total revenue of 9,621,504.72 RMB for the year, with a significant increase compared to the previous year's revenue of 6,987,334.64 RMB, reflecting a growth of approximately 38.5%[30]. - The company achieved a total revenue of 3,349.00 million RMB, with a year-on-year increase of 2,419.95 million RMB and a gross profit of 3,965.17 million RMB[76]. - In 2020, the company's main business revenue was 470.80 million yuan, reflecting a growth of 1.80% compared to the previous year, despite the impact of the COVID-19 pandemic[88]. Dividend Policy - The company plans to distribute a cash dividend of RMB 0.9 per 10 shares, totaling RMB 24,012,000.00 based on a total share capital of 266,800,000 shares as of December 31, 2020[7]. - The company has maintained a consistent cash dividend policy, prioritizing cash dividends while considering the long-term interests of shareholders[151]. - The cash dividend distribution plan is subject to approval at the company's annual general meeting[151]. - The company has committed to maintaining the stability and continuity of its profit distribution policy[151]. - The cash dividend policy is designed to ensure reasonable returns to investors without compromising their legal rights[151]. - The company commits to a minimum annual dividend payout ratio of 10% of the net profit attributable to the parent company, contingent on no major investment plans or significant capital expenditures in the next twelve months[162]. Research and Development - Research and development expenses accounted for 4.97% of operating revenue in 2020, an increase of 0.72 percentage points from 4.25% in 2019[25]. - The company achieved a total R&D investment of ¥24,199,459.15, representing an 18.67% increase compared to the previous year[71]. - R&D investment accounted for 4.97% of total operating revenue, up from 4.25% in the previous year, indicating a focus on innovation[71]. - The company is actively engaged in research and development of new technologies, including methods for producing high-precision masks for various display technologies[64]. - The company has established a strong patent portfolio, including 3 invention patents related to the manufacturing of LCD masks, enhancing its market position[64]. - The company has received 10 new intellectual property applications during the reporting period, including 6 invention patents and 2 utility model patents[69]. Market Position and Industry Outlook - The company specializes in the research, design, production, and sales of photomasks, which are critical tools in the manufacturing processes of downstream industries such as flat panel displays and semiconductor chips[34]. - The company ranks sixth globally in sales of flat panel display masks according to Omdia's 2019 analysis, indicating a strong market position[56]. - The company is positioned in a rapidly growing industry, with China's share of global TFT-LCD panel production expected to rise from 18% in 2014 to 73% by 2024[43]. - The demand for masks in China's flat panel display industry increased from 26% of the global market in 2016 to 48% in 2019, and is projected to reach 56% by 2024[46]. - The global semiconductor market sales reached $439 billion in 2020, with a year-on-year growth of 6.5%, while China's integrated circuit industry sales were 884.8 billion CNY, growing by 17%[49]. - The company aims to become a leading player in the photomask industry within 2-3 years, targeting the top market share in domestic flat panel display photomasks and striving for third place globally[141]. Corporate Governance and Compliance - The company does not have any special arrangements for corporate governance[10]. - The board of directors and senior management confirm the accuracy and completeness of the annual report[4]. - The company has received a standard unqualified audit report from Tianjian Accounting Firm[6]. - There are no non-operating fund occupations by controlling shareholders or related parties[9]. - The company has not violated decision-making procedures for external guarantees[10]. - The company has established a robust internal control system to protect the rights of shareholders and creditors[195]. Risks and Challenges - The company faces risks related to the competitiveness of its products and technology in the international market, with a lower market share in the domestic mid-to-high-end mask market compared to international competitors[93]. - The company relies heavily on imported raw materials and equipment, with a high concentration of suppliers, which poses risks if there are supply shortages or price increases[95]. - The ongoing COVID-19 pandemic has introduced uncertainties affecting supply chains and project timelines, potentially impacting operational performance[102]. - The company faces risks from macroeconomic fluctuations and potential export restrictions from key raw material suppliers in Japan and South Korea[101]. - The mask market is experiencing increased competition due to the rapid development of the flat panel display and semiconductor industries, which may impact the company's performance[98]. Strategic Initiatives - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 500 million earmarked for potential deals[158]. - The company plans to expand its market presence through new product launches and technology advancements[124]. - The company is focusing on strategic acquisitions to enhance its competitive position in the market[124]. - The company aims to improve operational efficiency, targeting a 5% reduction in costs over the next fiscal year[158]. - The company is investing heavily in R&D, allocating 200 million towards the development of new technologies and products[158].

证券代码：688138 证券简称：清溢光电 公告编号：2020-021 深圳清溢光电股份有限公司 关于参加 2020 年度深圳辖区上市公司投资者网上集 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工作，深圳清溢光电股份有限公司（以下简称 "公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办的"诚实 守信，做受尊重的上市公司"2020 深圳辖区上市公司投资者网上集体接待日活动，现 将有关事项公告如下： 本次集体接待日活动将通过深圳市全景网络有限公司提供的网上平台，采取网络 远程的方式举行。投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/）或关注 微信公众号"全景财经"参与公司本次投资者集体接待日活动，活动时间为 2020 年 12 月 8 日（星期二）9:00-17:00。 届时公司董事、总经理朱雪华女士，董事、财务总裁、董事会秘书吴克强先生及 证券事务代表秦莘女士将通过网络文字形式与投资者就公司治理、发展经营情况和可 持续发展等问 ...

Financial Performance - Operating revenue for the first nine months was ¥383,202,937.71, representing a year-on-year growth of 9.71%[6] - Net profit attributable to shareholders for the first nine months was ¥62,548,470.42, up 13.04% from the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥56,310,468.66, an increase of 14.67% year-on-year[6] - Cash flow from operating activities for the first nine months was ¥139,144,599.33, a significant increase of 65.08% compared to the previous year[6] - Basic and diluted earnings per share were both ¥0.23, down 17.86% from the previous year[6] - Net profit for the first three quarters of 2020 was ¥392,538,440.45, compared to ¥344,047,469.24 in the same period of 2019, reflecting a growth of 14.1%[27] - Total comprehensive income for Q3 2020 was CNY 23,642,778.90, compared to CNY 23,059,352.80 in Q3 2019, reflecting an increase of approximately 2.5%[35] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,388,252,691.43, an increase of 4.52% compared to the end of the previous year[6] - Total current assets decreased to CNY 501,466,897.63 from CNY 574,971,143.08 at the end of 2019[20] - Total non-current assets increased to CNY 886,785,793.80 from CNY 753,258,591.28 at the end of 2019[21] - Total liabilities increased to CNY 223,756,818.58 from CNY 204,938,331.93 at the end of 2019[22] - Total liabilities decreased to ¥97,031,640.97 in Q3 2020 from ¥149,090,626.25 in Q2 2020, indicating a reduction of 34.9%[27] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,386[10] - The top shareholder, Light Film (Hong Kong) Co., Ltd., held 36.97% of the shares, totaling 98,636,400 shares[10] Cash Flow - Cash inflow from operating activities totaled CNY 472,993,352.33 in Q3 2020, compared to CNY 382,925,586.42 in Q3 2019, indicating an increase of approximately 23.5%[38] - Cash outflow from operating activities was CNY 333,848,753.00 in Q3 2020, compared to CNY 298,638,901.51 in Q3 2019, which is an increase of about 11.8%[38] - Cash and cash equivalents were ¥203,541,255.64 in Q3 2020, down from ¥262,436,328.69 in Q2 2020, a decline of 22.4%[26] - Cash and cash equivalents at the end of Q3 2020 stood at CNY 226,877,406.69, compared to CNY 54,070,550.81 at the end of Q3 2019, showing a significant increase[39] Expenses and Investments - R&D investment accounted for 4.47% of operating revenue, an increase of 0.18 percentage points compared to the previous year[7] - Sales expenses decreased by 46.72% to CNY 9,587,361.96 from CNY 17,994,431.74, due to the new revenue recognition standards[16] - Financial expenses dropped by 105.38% to -CNY 203,859.59 from CNY 3,786,476.44, as interest expenses and exchange losses significantly declined[16] - R&D expenses for Q3 2020 increased to ¥6,741,455.27, up 16.2% from ¥5,804,749.21 in Q3 2019[29] Other Financial Metrics - The weighted average return on equity decreased by 4.46 percentage points to 5.45%[6] - The company reported a credit impairment loss of CNY 375,559.72, a significant reduction compared to the previous period[16] - The company reported a credit impairment loss of CNY 596.66 thousand in Q3 2020, compared to a loss of CNY 406.97 thousand in Q3 2019[34]