| --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------|-------------------|------------|----------------|----------------|------------------------------|-----------------------|-------| | 报告期末普通股股东总数 | | 5,579 | 东总数（如有） | | 报告期末表决权恢复的优先股股 | 单位：股 | 0 | | | | 前 10 | 名股东持股情况 | | | | | | | 股东 | | 持股比 | 持有 有限 售条 | 包含转融通借出 | 质押、标记 或冻结情况 | | | 股东名称 | 性质 | 持股数量 | 例 (%) | 件股 份数 量 | 股份的限售股份 数量 | 股份 状态 | 数 量 | | 天津芯华投资控股有 限公司 | 境内 非国 有法 人 | 25,159,743 | 27.63 | 0 | 25,159,743 | 无 | ...

Financial Performance - Revenue in 2022 reached 1,070,558,398.13 RMB, a year-on-year increase of 21.89%[32] - Net profit attributable to shareholders in 2022 was 526,290,389.31 RMB, up 19.95% compared to 2021[32] - Basic earnings per share in 2022 were 5.79 RMB, up 19.63% from 2021[35] - Weighted average return on equity in 2022 was 18.47%, a slight decrease of 0.11 percentage points from 2021[35] - Non-recurring gains and losses for 2022 amounted to 207,934,024.70 yuan, including government subsidies of 99,101,533.30 yuan[23][25] - The company's testing system sales decreased by 45.57% year-on-year, with 1,075 units sold in 2022 compared to 1,500 units in 2021[9] - In 2022, the company's revenue for each quarter was 259,495,300.17 yuan (Q1), 281,626,992.32 yuan (Q2), 236,997,016.80 yuan (Q3), and 292,439,088.84 yuan (Q4)[115] - Net profit attributable to shareholders for 2022 was 122,198,901.49 yuan (Q1), 148,327,833.09 yuan (Q2), 111,007,533.06 yuan (Q3), and 144,756,121.67 yuan (Q4)[115] - Operating cash flow for 2022 was 90,024,044.90 yuan (Q1), 134,195,304.92 yuan (Q2), 45,013,646.82 yuan (Q3), and 124,599,447.74 yuan (Q4)[118] R&D and Innovation - R&D investment accounted for 11.00% of revenue in 2022, an increase of 0.29 percentage points from 2021[35] - The company's R&D investment has been increasing over the past three years, with amounts of 59,134,957.79 yuan in 2020, 94,044,119.58 yuan in 2021, and 117,809,192.43 yuan in 2022[113] - The company focuses on intellectual property protection and actively applies for patents during R&D and new product development[38] - The company emphasized the importance of intellectual property protection, focusing on high-value patents in product development and process improvement to enhance core competitiveness[143] Capital and Investment - The company's investment in Tongfu Microelectronics (stock code: 002156) had an initial investment cost of 69,999,985.74 yuan, with a disposal gain of 3,936,034.20 yuan in the current period[18] - The company is seeking suitable industry targets for capital operations[38] - The company plans to leverage the capital market as a high-quality financing platform, actively seek suitable industry targets for industrial investment and M&A, conduct strict due diligence to minimize risks, and further strengthen the enterprise to deliver good returns to investors[56] - The company completed its 2020 and 2021 restricted stock incentive plans, with total share-based payment expenses of RMB 42,297,009.54[97] Corporate Governance - The company's 2021 annual general meeting, first and second extraordinary general meetings in 2022 all passed all proposals without any negative votes[59] - The company's audit committee, nomination committee, compensation and assessment committee, and strategy committee all have specific members responsible for their respective functions[70] - The company's audit committee strictly followed the Company Law, CSRC regulatory rules, and the company's articles of association and board meeting rules, and diligently passed all proposals after full communication and discussion[72] - The company's compensation and assessment committee strictly followed the Company Law, CSRC regulatory rules, and the company's articles of association and board meeting rules, and diligently passed all proposals after full communication and discussion[74] - The company has no non-operational fund occupation by controlling shareholders or related parties and no violations in external guarantee decision-making procedures[182] Employee and Management - Total number of employees is 505, with 312 in the parent company and 193 in major subsidiaries[75] - The company has 199 technical personnel, accounting for the largest proportion among professional categories[75] - 102 employees hold a master's degree, while 302 have a bachelor's degree[75] - The company's chairman and board secretary, Sun Qiang, received a total pre-tax remuneration of 3.146 million yuan in 2022, and his shareholding increased by 8,880 shares due to equity incentives and capital reserve conversion[64] - The company's general manager, Cai Lin, received a total pre-tax remuneration of 4.0333 million yuan in 2022, and her shareholding increased by 8,940 shares due to equity incentives, capital reserve conversion, and secondary market transactions[64] - The company's deputy general manager, Xu Jieshuang, received a total pre-tax remuneration of 6.6535 million yuan in 2022, and his shareholding increased by 13,320 shares due to equity incentives, capital reserve conversion, and secondary market transactions[64] - The company's financial director, Qi Yan, received a total pre-tax remuneration of 1.9293 million yuan in 2022, and her shareholding increased by 7,960 shares due to equity incentives, capital reserve conversion, and secondary market transactions[64] - The company has a comprehensive training system, including internal courses, external expert lectures, and leading enterprise visits[77] Shareholder and Investor Relations - The company allocated RMB 131,856,821.1 for cash dividends, representing 30.05% of the net profit attributable to shareholders[96] - The company plans to distribute a cash dividend of RMB 14.00 per 10 shares, totaling RMB 127,503,027.4, accounting for 24.23% of the net profit attributable to ordinary shareholders in 2022[178] - The company will also implement a capital reserve to share capital transfer, issuing 4.8 additional shares per 10 shares, increasing the total share capital to 134,788,915 shares[178] - The company held 2 earnings briefings during the reporting period to communicate with investors[130] - The company's website has a dedicated investor relations section at www.accotest.com[130] - The company released a total of 116 announcements and related attachments in 2022, ensuring fair disclosure of important information to investors[194] - The company has established official websites and social media platforms to facilitate investor communication and understanding[194] Environmental, Social, and Governance (ESG) - The company emphasizes ESG (Environmental, Social, Governance) as a cornerstone for sustainable development[102] - No carbon reduction measures were implemented during the reporting period[103] - The company did not make any environmental protection investments during the reporting period[112] - The company did not engage in any charitable donations or public welfare projects during the reporting period[126] Stock and Shareholder Commitments - The company's stock is listed on the Shanghai Stock Exchange's STAR Market under the ticker 688200[121] - The company held 97 employee stock ownership participants, accounting for 19.21% of the total employees, with a total shareholding of 424,700 shares, representing 0.47% of the total share capital[139] - The company's core technical personnel are subject to a 4-year lock-up period after the initial lock-up expires, during which they can only transfer up to 25% of their pre-IPO shares annually[148] - The controlling shareholder committed to a 36-month lock-up period post-IPO and additional restrictions on share transfers for 2 years after the lock-up expires, with specific conditions on share price and lock-up extensions[149] - The company and its controlling shareholder pledged to stabilize stock prices through share buybacks and additional share purchases, adhering to legal requirements and shareholder approval processes[152][153] - The actual controller has committed not to transfer or entrust others to manage the pre-IPO shares for 36 months after the company's stock listing[156] - If the stock price remains below the IPO price for 20 consecutive trading days within 6 months of listing, the lock-up period will be automatically extended by at least 6 months[156] - The company will initiate a stock price stabilization plan if the stock price remains below the net asset value per share for 20 consecutive trading days within three years of listing[160] - The company's board must announce a share repurchase resolution within 15 trading days after the stabilization conditions are triggered[173] - The company's controlling shareholder and actual controller will increase their shareholding if the stock price still meets the stabilization conditions after the company repurchases shares to the maximum limit[161] - Directors and senior management must increase their shareholding if the stock price stabilization conditions are met, with the amount not exceeding 20% of their after-tax salary from the previous year[172] - The company will adjust the per-share distribution ratio if the total share capital changes before the equity distribution record date[170] - The company's actual controller committed not to transfer or entrust others to manage the shares held before the IPO for 36 months from March 25, 2019[196] - The company will announce the share change report within 2 trading days after the completion of the share repurchase plan[197] - The company's stock price has been higher than the latest audited net asset value per share for 10 consecutive trading days[198] Supplier and Customer Relations - Sales of the top five customers amounted to 238.92 million yuan, accounting for 22.32% of the total annual sales[11] - The top five suppliers' procurement amounted to 89.1679 million yuan, accounting for 35.57% of the total annual procurement[12] - The company implemented strict procurement management systems to strengthen strategic partnerships with suppliers, aiming to reduce supply chain risks and ensure stable production and high-quality delivery to customers[140] - The company continuously improved product quality and reliability by aligning with global standards, enhancing internal quality control, and rapidly addressing customer feedback to maintain a competitive edge[141] Corporate Address and Contact Information - The company's registered address was changed on March 18, 2022, to No. 5 Building, 1-5 Floors, 101, 102, 103, Fenghao East Road, Haidian District, Beijing[53] - The company's website is www.hftc.com.cn and the investor relations email is ir@accotest.com[53] Dividend Policy - The company's cash dividend ratio should be at least 20% during the growth stage with significant capital expenditures[77] - The company's cash dividend ratio should be at least 40% during the mature stage with significant capital expenditures[95]

证券代码：688200 证券简称：华峰测控 公告编号：2023-007 北京华峰测控技术股份有限公司 关于召开 2022 年度暨 2023 年第一季度 业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 会议召开时间：2023 年 4 月 26 日(星期三) 下午 14:00-15:00 会议召开地点： 上海证券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） （二） 会议召开地点：上证路演中心 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 4 月 19 日至 4 月 25 日 16:00 前登录上证路演中心网 站首页点击"提问预征集"栏目或通过公司邮箱 ir@accotest.com 进行提问。公 司将在说明会上对投资者普遍关注的问题进行回答。 北京华峰测控技术股份有限公司（以下简称"公司"）将于 2023 年 4 月 26 日发布公司 2022 年度报告及 2023 年第一季度报告，为便于广大投资者更全面深 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥236,997,016.80, a decrease of 24.23% compared to the same period last year[8] - The net profit attributable to shareholders for Q3 2022 was ¥111,007,533.06, down 31.80% year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥105,024,128.20, reflecting a decline of 40.28% compared to the previous year[8] - Basic earnings per share for Q3 2022 were ¥1.22, a decrease of 32.12% year-on-year[12] - Total operating revenue for the first three quarters of 2022 reached ¥778,119,309.29, an increase of 22.1% compared to ¥637,210,826.11 in the same period of 2021[35] - Net profit for the third quarter of 2022 was ¥381,534,267.64, representing a 22.5% increase from ¥311,192,769.63 in Q3 2021[41] - Basic earnings per share for the first three quarters of 2022 were ¥4.20, compared to ¥3.43 in the same period of 2021, reflecting a 22.5% increase[44] - The company reported a total comprehensive income of ¥389,096,843.21 for the third quarter of 2022, compared to ¥311,192,808.66 in the same quarter of 2021, reflecting a growth of 25.1%[43] Research and Development - The total R&D investment for Q3 2022 was ¥30,970,534.74, an increase of 35.15% compared to the same period last year[12] - R&D investment accounted for 13.07% of operating revenue, an increase of 5.74 percentage points year-on-year[12] - Research and development expenses for the first three quarters of 2022 totaled ¥86,277,612.25, an increase of 34.0% from ¥64,383,776.47 in the previous year[38] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥3,165,775,518.12, an increase of 8.62% compared to the end of the previous year[12] - The equity attributable to shareholders at the end of Q3 2022 was ¥2,928,904,505.49, up 11.74% from the end of the previous year[12] - As of September 30, 2022, the total current assets amounted to RMB 2,482,597,523.78, an increase from RMB 2,354,638,982.41 at the end of 2021, reflecting a growth of approximately 5.4%[29] - The total assets of the company as of September 30, 2022, were RMB 3,165,775,518.12, compared to RMB 2,914,631,551.32 at the end of 2021, representing a growth of approximately 8.6%[29] - The company's inventory stood at RMB 200,784,308.40, which is an increase from RMB 188,665,373.50 in the previous year, showing a growth of about 6%[29] - The total liabilities decreased to RMB 226,278,084.92 from RMB 285,243,056.13, reflecting a reduction of approximately 20.7%[33] - The accounts receivable increased to RMB 293,518,998.32 from RMB 157,821,537.11, marking an increase of about 86%[29] - The company reported a decrease in contract liabilities from RMB 129,331,202.19 to RMB 85,806,091.38, a reduction of approximately 33.6%[33] - The non-current assets totaled RMB 683,177,994.34, up from RMB 559,992,568.91, indicating an increase of about 22%[33] - Total liabilities decreased to ¥236,871,012.63 in 2022 from ¥293,536,132.08 in 2021, a reduction of 19.3%[35] - Total equity attributable to shareholders reached ¥2,928,904,505.49, up 11.7% from ¥2,621,095,419.24 in the previous year[35] Cash Flow - The company reported a net cash flow from operating activities of ¥269,232,996.64 for the year-to-date, reflecting a 3.66% increase[12] - Cash inflow from operating activities for the first three quarters of 2022 was ¥810,899,872.85, compared to ¥685,951,725.35 in the same period of 2021, indicating a growth of 18.2%[44] - Cash flow from operating activities net amount was $269,232,996.64, an increase from $259,721,667.09 in the previous period[47] - Cash inflow from investment activities totaled $354,394,594.39, significantly down from $2,650,362,602.77 in the prior period[47] - Cash outflow from investment activities was $622,725,329.22, compared to $2,457,891,213.39 previously[47] - Net cash flow from financing activities was -$111,676,475.11, worsening from -$47,800,575.12 in the last period[49] - The ending balance of cash and cash equivalents was $897,190,286.85, down from $1,000,953,087.56 at the beginning of the period[49] - Total cash outflow for employee payments increased to $137,340,505.76 from $106,012,965.40[47] - Total tax payments rose to $140,795,527.14, compared to $59,507,180.72 in the previous period[47] - Cash inflow from investment recovery was $341,313,916.19, a significant decrease from $2,521,000,000.00[47] - Cash outflow for other investment activities was $481,223,500.00, compared to $26,000,000.00 previously[47] - The company adjusted cash payments related to lease liabilities, impacting cash flow reporting[50] Market Conditions - The decline in net profit was attributed to the ongoing impact of the pandemic, leading to decreased demand and a downturn in the semiconductor equipment sector[18] - The company’s major shareholder, China Times Yuanwang Technology Co., Ltd., held 16,391,098 shares, representing 18% of the total shares[22]

Financial Performance - The company's revenue for the first half of the year reached ¥541,122,292.49, representing a 66.80% increase compared to ¥324,415,109.31 in the same period last year[32]. - Net profit attributable to shareholders was ¥270,526,734.58, up 82.26% from ¥148,427,417.09 year-on-year[32]. - The basic earnings per share increased by 82.23% to ¥4.41 from ¥2.42 in the previous year[30]. - The weighted average return on equity rose by 3.31 percentage points to 9.99% compared to 6.68% last year[30]. - The gross profit margin stood at 78.69%, indicating strong product competitiveness[68]. - The net cash flow from operating activities was ¥224,219,349.82, reflecting a 74.60% increase from ¥128,421,605.46 in the same period last year[32]. - The company achieved operating revenue of ¥541,122,292.49, representing a year-on-year growth of 66.80%[68]. - The net cash flow from operating activities significantly increased due to higher sales collections compared to the previous period[69]. Research and Development - Research and development expenses accounted for 10.22% of operating revenue, a decrease of 2.56 percentage points from the previous year[30]. - The company has invested a total of ¥55,307,077.51 in R&D during the reporting period, representing a 33.37% increase from ¥41,467,928.05 in the previous year[47]. - The company holds a total of 18 invention patents, 105 utility model patents, and 29 software copyrights as of the end of the reporting period[45]. - The company has established a strong R&D organization with five technical teams focusing on software design, hardware design, PCB design, FPGA design, and structural design[42]. - The company is focused on enhancing internal controls and governance to improve operational efficiency[62]. - The company plans to enhance competitiveness by increasing R&D investment and developing new products in the semiconductor automation testing system field[122]. Corporate Governance - The company has received a standard unqualified audit report from Zhonghui Certified Public Accountants[8]. - There are no significant risks or non-operational fund occupation by controlling shareholders reported[7]. - The company has confirmed that all board members guarantee the authenticity and completeness of the semi-annual report[11]. - The company has no special arrangements for corporate governance[10]. - The company has confirmed that all commitments made by shareholders and management have been strictly adhered to during the reporting period[94]. - The company has not reported any significant changes in its core technical personnel or management team during the reporting period[86]. Shareholder Commitments and Stock Plans - The company plans to increase its capital reserve by 4.8 shares for every 10 shares held, based on a total share capital of 61,536,210 shares[9]. - The stock incentive plan involves granting restricted stock at a price of 151.44 yuan per share to 24 individuals, with vesting occurring over four periods of 25% each after 12 months[89]. - The actual controller and major shareholders have committed to a 36-month lock-up period for their shares post-IPO, ensuring stability in shareholding[97]. - The company has adhered to all legal and procedural requirements in its profit distribution and capital reserve conversion plan, ensuring no harm to minority shareholders[86]. - The company commits to a proactive profit distribution policy, ensuring reasonable returns to shareholders while considering sustainable development[121]. - Directors and senior management must use at least 10% of their previous year's after-tax total salary for stock purchases; if not, they must compensate the company with 20% of their salary minus any actual stock purchases[118]. Market Position and Industry Outlook - The company is a leader in domestic semiconductor testing equipment and has made significant advancements in GaN testing, IGBT, and SiC testing fields[38]. - The semiconductor manufacturing equipment market is projected to reach a record $117.5 billion in 2022, up 14.7% from $102.5 billion in 2021, and expected to grow to $120.8 billion in 2023[42]. - The semiconductor testing equipment market is anticipated to grow to $8.8 billion in 2022, reflecting a 12.1% increase from 2021, but growth is expected to slow to 0.4% in 2023 due to industry conditions[42]. - Future growth is expected in the power semiconductor testing field, driven by advancements in technology and increasing demand from the photovoltaic and electric vehicle sectors[42]. Investments and Financial Management - The company raised a total of RMB 1,642,975,260.77 from its public offering, with a net amount of RMB 1,528,613,803.64 after deducting issuance costs[166]. - The total committed investment amount for fundraising projects is RMB 1,000,000,000.00, with an adjusted total of RMB 1,150,000,000.00[166]. - The advanced testing equipment industrialization base project has a committed investment of RMB 655,896,800.00, with a cumulative investment of RMB 607,677,388.66, achieving a progress rate of 75.40%[170]. - The company utilized idle fundraising to purchase investment products, generating a financial income of RMB 2,447,479.37 in the first half of 2022[173]. Compliance and Legal Matters - The company has not engaged in any significant litigation or arbitration matters during the reporting period[158]. - There were no significant non-operating fund occupations by controlling shareholders or related parties during the reporting period[155]. - The company has not received any penalties or corrective actions related to legal violations by its directors, supervisors, or senior management during the reporting period[158]. - The company guarantees that the public offering does not involve any fraudulent issuance[135].

Financial Performance - The company's operating revenue for Q1 2022 was ¥259,495,300.17, representing a year-on-year increase of 124.05%[6]. - The net profit attributable to shareholders was ¥122,198,901.49, reflecting a significant increase of 355.74% compared to the same period last year[6]. - The net profit after deducting non-recurring gains and losses was ¥121,510,407.52, up by 195.19% year-on-year[6]. - Basic and diluted earnings per share were both ¥1.99, an increase of 352.85% compared to the same period last year[8]. - Operating profit for Q1 2022 was ¥141,310,709.45, compared to ¥33,225,640.05 in Q1 2021, indicating an increase of about 324.5%[37]. - Net profit for Q1 2022 was ¥122,198,901.49, up from ¥26,813,085.34 in Q1 2021, reflecting a growth of approximately 455.5%[37]. - The company reported a total comprehensive income of ¥123,203,700.02 for Q1 2022, compared to ¥26,813,085.34 in Q1 2021, indicating a growth of approximately 359.5%[39]. Cash Flow - The net cash flow from operating activities reached ¥90,024,044.90, marking a 312.97% increase from the previous year[6]. - Cash inflow from operating activities in Q1 2022 totaled ¥280,785,592.95, compared to ¥156,605,370.96 in Q1 2021, representing an increase of approximately 79.3%[39]. - The net cash flow from operating activities was $90,024,044.90, a significant increase from $21,799,019.83 in the previous period, reflecting a growth of approximately 313%[42]. - The total cash outflow from operating activities amounted to $190,761,548.05, compared to $134,806,351.13 previously, indicating an increase of about 41.5%[42]. - The cash outflow from financing activities was $53,254,216.84, with cash paid for dividends and interest amounting to $52,421,128.00[44]. Research and Development - The total R&D investment amounted to ¥26,419,261.13, which accounted for 10.18% of operating revenue, a decrease of 6.86 percentage points year-on-year[8]. - Research and development expenses for Q1 2022 were ¥26,419,261.13, up from ¥19,738,719.82 in Q1 2021, indicating a rise of about 33.9%[33]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,956,353,940.90, a 1.43% increase from the end of the previous year[8]. - The total current assets as of March 31, 2022, amounted to ¥2,305,271,396.31, a decrease from ¥2,354,638,982.41 in the previous year, reflecting a decline of approximately 2.09%[24]. - Total non-current assets reached ¥651,082,544.59, up from ¥559,992,568.91, marking an increase of around 16.30%[27]. - Total current liabilities increased to ¥325,563,472.66 from ¥285,243,056.13, which is an increase of approximately 14.12%[30]. - The total liabilities of the company amounted to ¥334,527,411.22, up from ¥293,536,132.08, indicating a rise of about 13.98%[30]. - The total equity attributable to shareholders was reported at ¥2,621,826,529.68, slightly up from ¥2,621,095,419.24, showing a marginal increase of approximately 0.03%[30]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,437[17]. Other Financial Metrics - The company reported a non-recurring gain of ¥688,493.97, after accounting for tax effects[12]. - Other comprehensive income after tax for Q1 2022 was ¥1,004,798.53, with no comparable figure provided for Q1 2021[37]. - The company paid $52,431,094.90 in taxes, which is an increase from $17,567,900.13 in the previous period, reflecting a growth of about 198%[42]. - The cash paid to employees was $63,870,163.01, up from $49,784,542.38, marking an increase of approximately 28.3%[42]. - The impact of exchange rate changes on cash and cash equivalents was -$139,811.97, contrasting with a positive impact of $79,888.79 in the previous period[44].

Financial Performance - The company achieved operating revenue of ¥878,269,295.84, representing a year-on-year growth of 120.96%[92]. - The net profit attributable to shareholders reached ¥438,773,193.33, an increase of 120.28% compared to the previous year[92]. - The net cash flow from operating activities was ¥354,442,445.26, a significant increase of 155.59% year-on-year, attributed to rapid sales growth and good collection of receivables[92]. - The company's total assets at the end of 2021 were approximately ¥2.91 billion, an increase of 28.40% from ¥2.27 billion at the end of 2020[28]. - The company reported a net asset attributable to shareholders of approximately ¥2.62 billion at the end of 2021, a 22.78% increase from ¥2.13 billion at the end of 2020[28]. - The company experienced significant growth in both revenue and net profit over the past three years, driven by industry opportunities and strong R&D capabilities[30]. - The company reported a significant increase in trading financial assets, with a change of ¥629,331,719.17 during the period, impacting profits negatively by ¥1,904,711.30[38]. - The company achieved a total revenue of RMB 323.59 million in the reporting period, a significant increase from RMB 94.04 million in the previous period[73]. Research and Development - The company has 133 employees engaged in R&D, accounting for 34.28% of the total workforce, highlighting the importance of retaining technical talent[88]. - The company increased R&D investment and established a joint laboratory with Tianjin University, aiming to cultivate more talent in the integrated circuit field[42]. - The company has developed 11 core technologies, including PerPINV/I source technology and high-precision V/I source clamp control technology, which are crucial for maintaining its competitive edge[81]. - Research and development expenses amounted to ¥94,044,119.58, reflecting a 59.03% increase year-on-year, driven by ongoing R&D investments and new product development[92]. - The company has received recognition as a national-level "specialized, refined, distinctive, and innovative" enterprise, enhancing its competitive position[64]. - The company is focusing on developing high-speed, high-precision, and highly integrated semiconductor testing equipment to meet the increasing complexity of semiconductor products[64]. Corporate Governance - The company has no special arrangements for corporate governance, ensuring standard operational practices[12]. - The company has established a governance structure compliant with relevant laws and regulations, ensuring proper operation of its shareholder meetings and board of directors[145]. - The company’s board of directors includes independent directors who actively participated in all meetings[178]. - The company has implemented a system for evaluating and adjusting the remuneration of its directors and senior management based on performance[175]. - The company’s audit committee has diligently reviewed and approved all proposals in accordance with legal and regulatory requirements[182]. - The company has not faced any penalties from securities regulatory agencies in the past three years[174]. Market Position and Strategy - The company has become the largest domestic supplier of semiconductor testing systems, providing equipment to well-known chip design companies and foundries[48]. - The company is recognized as a leading domestic supplier in the semiconductor automated testing equipment sector, effectively replacing imports with its own technology[77]. - The company aims to solidify its domestic market while expanding overseas, focusing on increasing market share in regions such as Europe, Southeast Asia, and the United States[135]. - The company plans to expand into international markets and accelerate product development in new application areas[84]. - The company is actively exploring the power device testing market, driven by the increasing demand for IGBT, GaN, and SiC applications in the rapidly growing photovoltaic and new energy sectors[137]. Employee and Compensation - The total pre-tax compensation for the chairman, Sun Qiang, was CNY 242.23 million for the reporting period[155]. - The total pre-tax compensation for the general manager, Cai Lin, was CNY 437.56 million for the reporting period[155]. - The total pre-tax compensation for the deputy general manager, Xu Jieshuang, was CNY 779.23 million for the reporting period[155]. - The company has established a comprehensive training program to enhance employee skills and overall quality[190]. - The company’s remuneration policy is based on market conditions, regional differences, and industry characteristics, ensuring a scientific and reasonable approach[189]. Future Outlook - The company plans to distribute a cash dividend of RMB 21.5 per 10 shares, totaling RMB 131,856,821.1 (including tax) for the 2021 fiscal year[194]. - The company plans to achieve a production capacity of 200 sets of SoC integrated circuit automated testing systems, entering a market currently dominated by international leaders[89]. - Future plans include seeking suitable industry targets for investment and acquisitions, leveraging capital markets for financing while minimizing risks through thorough due diligence[143]. - The company will focus on talent acquisition and development, establishing a robust talent management system to build a high-quality workforce[142]. - The company plans to enhance its online sales channels, aiming for a 30% increase in e-commerce revenue by the next quarter[167].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥312,795,716.80, representing a year-on-year increase of 188.08%[8] - Net profit attributable to shareholders for the same period was ¥162,765,352.54, up 243.80% compared to the previous year[8] - The net profit excluding non-recurring gains and losses was ¥175,852,415.30, reflecting a significant increase of 343.99% year-on-year[8] - Basic earnings per share for Q3 2021 were ¥2.66, an increase of 245.45% compared to the same period last year[11] - Total operating revenue for the first three quarters of 2021 reached ¥637,210,826.11, a significant increase from ¥292,632,885.33 in the same period of 2020, representing a growth of approximately 117.5%[40] - Operating profit for the third quarter of 2021 was ¥361,942,368.71, compared to ¥170,126,277.75 in the third quarter of 2020, indicating an increase of about 112.5%[42] - Net profit for the first three quarters of 2021 was ¥311,192,769.63, up from ¥136,746,066.18 in the same period of 2020, reflecting a growth of approximately 127.5%[42] - Basic earnings per share for the third quarter of 2021 was ¥5.08, compared to ¥2.37 in the third quarter of 2020, marking an increase of about 114.3%[45] Assets and Liabilities - The company's total assets as of the end of Q3 2021 amounted to ¥2,698,090,135.38, an increase of 18.86% from the end of the previous year[11] - Total liabilities as of the end of the reporting period were ¥257,720,509.57, compared to ¥135,310,944.38 at the same time last year, indicating an increase of about 90.7%[40] - The total assets of the company reached RMB 2,698,090,135.38, up from RMB 2,270,047,443.56 in the previous year[34] - The company's total liabilities include accounts payable of RMB 31,786,210.14 and contract liabilities of RMB 140,009,128.83[34] Cash Flow - The company reported a net cash flow from operating activities of ¥258,546,794.11, which is a 180.81% increase compared to the same period last year[11] - Cash flow from operating activities for the first three quarters of 2021 was ¥657,476,957.16, compared to ¥286,526,814.74 in the same period of 2020, indicating a growth of about 129.0%[46] - Net cash inflow from operating activities reached $258,546,794.11, a significant increase from $92,071,596.22 in the previous year, representing a growth of 180.5%[50] - The company reported a net cash outflow from financing activities of $46,625,702.14, contrasting with a net inflow of $1,472,058,254.82 in the same period last year[52] Research and Development - Research and development expenses totaled ¥22,919,386.34 for the quarter, accounting for 7.33% of operating revenue, a decrease of 8.76 percentage points year-on-year[11] - The company plans to continue increasing its investment in research and development to support future growth[19] - Research and development expenses for the first three quarters of 2021 totaled ¥64,396,839.20, compared to ¥38,505,925.43 in the same period of 2020, representing an increase of approximately 67.5%[40] Shareholder Information - The total equity attributable to shareholders at the end of Q3 2021 was ¥2,440,369,625.81, reflecting a year-on-year increase of 14.32%[11] - Total number of common shareholders at the end of the reporting period was 4,730[22] - The largest shareholder, Tianjin Chip Hua Investment Holding Co., Ltd., holds 18,229,556 shares, accounting for 29.72% of total shares[22] - The company has a total of 11,075,066 shares held by China Times Vision Technology Co., Ltd., representing 18.06% of total shares[22] Inventory and Current Assets - The company reported a significant increase in inventory, rising to RMB 159,453,240.94 from RMB 69,836,787.74[30] - Total current assets increased to RMB 2,211,694,724.79 from RMB 2,085,123,565.69 year-over-year[30] - The company's cash and cash equivalents as of September 30, 2021, amounted to RMB 1,095,661,066.55, an increase from RMB 766,424,420.78 in the previous year[30] Investment Activities - Total cash inflow from investment activities amounted to $2,650,362,602.77, compared to $1,569,842,563.45 in the prior year, indicating a year-over-year increase of 68.7%[50] - Cash outflow from investment activities was $2,457,891,213.39, down from $3,009,641,543.42, showing a decrease of 18.3%[50] - The net cash flow from investment activities was $192,471,389.38, a turnaround from a negative cash flow of $1,439,798,979.97 in the previous year[50] - The company reported cash inflow from investment recovery of $2,521,000,000.00, compared to $1,546,000,000.00 in the previous year, reflecting a growth of 63.0%[50]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, achieving a total of 500 million RMB, representing a growth of 25% compared to the same period last year[21]. - The company's operating revenue for the first half of the year reached ¥324,415,109.31, representing a 76.26% increase compared to ¥184,053,478.86 in the same period last year[27]. - Net profit attributable to shareholders was ¥148,427,417.09, up 66.02% from ¥89,403,345.48 year-on-year[27]. - The net cash flow from operating activities increased by 150.30%, amounting to ¥127,863,987.88 compared to ¥51,084,913.84 in the previous year[27]. - Basic earnings per share rose to ¥2.42, a 52.20% increase from ¥1.59 in the same period last year[27]. - Cash and cash equivalents at the end of the period amounted to ¥951,371,779.28, a 24.13% increase from the previous year[97]. - Accounts receivable increased by 112.79% to ¥194,626,398.26, primarily due to higher sales revenue[97]. - The company reported a significant increase in contract liabilities by 210.06% to ¥125,046,203.60, reflecting a rise in sales orders[97]. Market Position and Growth - User data indicates that the number of active users has reached 1 million, marking a 15% increase year-over-year[21]. - The company has provided a positive outlook for the second half of 2021, projecting a revenue growth of 20%[21]. - The company is expanding its market presence, targeting an increase in market share by 10% in the semiconductor testing sector[21]. - The semiconductor testing equipment market is projected to grow by 26% in 2021, driven by demand from 5G and high-performance computing applications[36]. - The company has established itself as the largest domestic supplier of semiconductor testing systems, breaking the monopoly of foreign manufacturers in the analog and mixed-signal testing machine sectors[42]. - The company has been actively expanding its market share in the third-generation semiconductor sector, with significant growth in orders for gallium nitride and power management applications[41]. - The company is positioned to benefit from the ongoing trend of domestic substitution in the semiconductor equipment market, as the industry shifts focus towards local suppliers[40]. - The company has become the largest domestic supplier of semiconductor testing systems in China, focusing on the development, production, and sales of automated testing systems for semiconductor devices[45]. Research and Development - New product development includes the launch of a next-generation testing system, expected to enhance testing efficiency by 30%[21]. - R&D investment reached ¥41,477,452.86, a significant increase of 97.14% year-on-year, accounting for 12.79% of operating revenue, up 1.36 percentage points[54][57]. - The R&D investment as a percentage of operating revenue was 12.79%, up from 11.43% year-on-year, indicating a focus on innovation[27]. - The number of R&D personnel increased to 128, representing 36.68% of the total workforce, with an average salary of ¥286,225.56[61]. - The company is currently working on several projects, including a high-voltage power semiconductor testing system with an expected total investment of ¥30,630,000[58]. - The STS8200 and STS8300 general module development projects are in various stages of production and testing, contributing to the company's product offerings[60]. - The company is actively developing new testing solutions for power devices, including IPM module testing and dynamic parameter testing solutions, which have been adopted by various domestic and international enterprises[46]. Governance and Compliance - There are no significant risks reported that could impact the company's operations or financial performance[7]. - The financial report for the first half of 2021 has not been audited, but management has confirmed its accuracy and completeness[8]. - The company maintains a strong governance structure, with all board members present at the meeting to approve the report[7]. - The company has no plans for profit distribution or capital increase through reserves during this reporting period[9]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[10]. Shareholder Commitments and Stock Management - The actual controller and major shareholders have committed to a 36-month lock-up period for their shares starting from the date of the company's IPO[123]. - Other shareholders are also subject to a 12-month lock-up period for their shares from the IPO date[134]. - The company has implemented measures to stabilize its stock price if the closing price falls below the latest audited net asset value per share for 20 consecutive trading days within three years of the IPO[136]. - The company will not repurchase shares held by the actual controller or major shareholders during the lock-up period[130]. - The company has established a long-term commitment from its shareholders regarding share transfer and management[125]. - The commitments made by the company and its controlling shareholders are subject to supervision by regulatory bodies and the public[167]. - The company will disclose any failure to fulfill commitments and the reasons for such failures to shareholders and the public[169]. - The controlling shareholders will return any after-tax cash dividends received from the company if they violate the share repurchase commitments[161]. Future Plans and Strategies - The company is actively pursuing market expansion and new technology development, which may involve risks related to project returns and competition[84]. - A wholly-owned subsidiary is planned to be established in Malaysia to further expand overseas markets[70]. - The company implemented a stock incentive plan to enhance management motivation and cohesion, supporting sustainable growth[71]. - The Tianjin base, a key project, has completed construction and is entering the final acceptance stage, which will alleviate current capacity constraints[71]. - The company commits to actively increase R&D investment and enhance market expansion capabilities to improve brand influence and market share in the semiconductor automation testing system sector[154]. - The company will enhance internal controls and operational efficiency to manage risks and reduce costs effectively[154]. - The company will take proactive steps to improve its competitive edge and operational capabilities through continuous innovation and market responsiveness[154].

Financial Performance - The company's operating revenue for 2020 was approximately ¥397.48 million, representing a 56.11% increase compared to ¥254.61 million in 2019 [27]. - The net profit attributable to shareholders for 2020 was approximately ¥199.19 million, a 95.31% increase from ¥101.99 million in 2019 [27]. - The net cash flow from operating activities reached approximately ¥138.67 million, showing a significant increase of 132.48% compared to ¥59.65 million in 2019 [27]. - The basic earnings per share for 2020 was ¥3.40, up 49.78% from ¥2.27 in 2019 [30]. - The company's total assets at the end of 2020 were approximately ¥2.27 billion, a 359.91% increase from ¥493.58 million at the end of 2019 [27]. - The net profit after deducting non-recurring gains and losses for 2020 was approximately ¥147.92 million, a 45.61% increase from ¥101.59 million in 2019 [27]. - The company reported a total of ¥54.68 million in non-recurring gains for 2020, primarily from fair value changes in financial assets [34]. - The company's net assets attributable to shareholders increased to approximately ¥2.13 billion by the end of 2020, a 398.76% increase from ¥428.01 million at the end of 2019 [27]. Research and Development - Research and development expenses accounted for 14.88% of operating revenue in 2020, an increase of 2.05 percentage points from 12.83% in 2019 [30]. - The company has established a robust R&D organization focusing on core technology development, with teams dedicated to software, hardware, PCB, FPGA, and structural design [42]. - The company has increased its R&D investment by 81.07% year-on-year, totaling approximately ¥59.13 million, which represents 14.88% of its operating revenue [53][55]. - The number of R&D personnel has increased to 112, accounting for 37.71% of the total workforce, reflecting the company's commitment to innovation [57]. - The company has achieved significant advancements in GaN wafer testing, solving multiple industry challenges and entering a phase of performance release [51]. Market Position and Strategy - The company specializes in the research, production, and sales of semiconductor automated test systems, becoming the largest domestic supplier in this field with over 3,500 units installed [38]. - The semiconductor automated test system market is expected to maintain a strong growth trend, driven by new applications in IoT, big data, AI, 5G, and automotive electronics [46]. - The company has positioned itself as a key supplier for major domestic semiconductor packaging and testing firms, breaking the monopoly of foreign manufacturers in the mixed-signal testing machine sector [47]. - The company is focused on expanding into international markets and new application fields to sustain growth [74]. - The company has maintained close relationships with both established and startup chip design firms, fostering mutual growth and collaboration [52]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from Da Xin Accounting Firm [8]. - There are no significant risks or non-operational fund occupation by controlling shareholders reported [11]. - The company has no special arrangements for corporate governance [10]. - The company has no violations of decision-making procedures for external guarantees [11]. - The company has committed to not occupy its funds or assets in any form, ensuring the interests of all shareholders are protected [163]. Cash Dividend Policy - The company plans to distribute cash dividends of RMB 10 per 10 shares, totaling RMB 61,185,186 for the year 2020, which is 30.72% of the net profit attributable to shareholders [130]. - The company has established a cash dividend policy to distribute at least 10% of the distributable profit annually, with a cumulative distribution of at least 30% over any three consecutive years without major investment plans [127]. - The board of directors may propose differentiated cash dividend policies based on the company's development stage and major capital expenditure plans [127]. - The cash dividend distribution plan for 2020 is subject to approval at the annual general meeting [127]. Risks and Challenges - The company faces risks related to market competition, supply chain stability, and potential economic downturns affecting the semiconductor industry [75]. - The company is facing risks related to technology development and talent retention, with 37.71% of employees engaged in R&D [79]. Shareholder Commitments - The company has a commitment from its actual controller and major shareholders to not transfer or reduce their shares for a specified period following the IPO [131]. - Shareholders are committed to not transferring or entrusting their shares for 36 months from the date of acquisition, ensuring stability in shareholding [137]. - The company will disclose control arrangements if any shareholder reduces their holdings after the lock-up period, ensuring ongoing stable operations [138]. Financial Management and Investments - The company has engaged in multiple structured deposits with various banks, including a total of CNY 429,000,000.00 in a six-month structured deposit linked to gold, with an expected annualized return of 3.80% [186]. - The company has a total of CNY 100,000,000.00 in a principal-protected wealth management product with an expected return of 3.15% [188]. - The company has reported actual returns of CNY 7,668,555.18 from a six-month structured deposit that matured on August 24, 2020 [186]. - The company has not indicated any future wealth management plans as of the latest report [186].