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： 思特威（上海）电子科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 29 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 全面深入地了解公司 2022 年及 2023 年一季度的经营成果、财务状况，公司计 划于 2023 年 05 月 16 日上午 11:00-12:00 举行 2022 年度暨 2023 年第一季度业 绩说明会，就投资者关心的问题进行交流。 证券代码：688213 证券简称：思特威 公告编号：2023-010 思特威（上海）电子科技股份有限公司 关于召开 2022 年度暨 2023 年第一季度 业绩说明会的公告 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度及 2023 年 一季度的经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信 会议召开时间：2023 年 05 月 16 日（星期二）上午 11:00-12:00 会 议 召 开 地 点 ： 上 海 ...

Financial Performance - The company reported a revenue of 248,298.73 million RMB in 2022, a decrease of 7.67% year-on-year[3]. - The net profit attributable to shareholders was -82.748 million RMB, a decline of 120.77% compared to the previous year[3]. - The company's operating revenue for 2022 was ¥2,482,987,309.22, a decrease of 7.67% compared to ¥2,689,327,871.83 in 2021[24]. - The net profit attributable to shareholders for 2022 was -¥82,748,036.47, representing a decline of 120.77% from ¥398,333,247.81 in the previous year[24]. - The net cash flow from operating activities for 2022 was -¥1,523,989,386.87, compared to -¥1,261,896,357.18 in 2021[25]. - The comprehensive gross profit margin for the main business was 22.14%, down 6.98 percentage points from 2021[83]. - The company reported a quarterly operating revenue of ¥828,509,758.90 in Q4 2022, with a net loss of -¥41,089,072.92 for that quarter[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥115,976,526.67, a decline of 129.57% from ¥392,160,445.96 in 2021[25]. Market Demand and Challenges - The significant loss was attributed to a sharp decline in market demand for security equipment and smartphones, impacting the company's core business[3]. - The company faced substantial financial expenses due to exchange losses and increased interest expenses, with the RMB depreciating approximately 9.17% against the USD during the year[3]. - The company experienced significant foreign exchange losses due to the depreciation of the RMB against the USD in 2022[25]. - The company faced a significant decline in demand for security equipment and smartphones, leading to a decrease in annual revenue and gross margin compared to the previous year[66]. Research and Development - R&D expenses increased significantly as the company continued to prioritize technology and product development despite market challenges[3]. - The company emphasizes the importance of ongoing R&D efforts, achieving multiple research outcomes despite market pressures[3]. - Research and development expenses accounted for 12.37% of operating revenue in 2022, an increase of 4.74 percentage points from 7.63% in 2021[26]. - The company has significantly increased its R&D investment by 49.69% in 2022, totaling approximately ¥307.25 million, which accounts for 12.37% of its revenue[54][55]. - The company is actively pursuing research and development in new technologies, including 360° panoramic view systems and driver monitoring systems[16]. - The company has filed for 118 new invention patents in the reporting period, with a total of 443 applications and 178 granted patents[52]. Product Development and Market Position - The company is focused on developing Advanced Driving Assistance Systems (ADAS) and has made advancements in night vision technology, which allows for full-color images in low-light conditions[16]. - The company aims to expand its market presence and enhance its product offerings through strategic partnerships and technological innovations, particularly in the semiconductor sector[16]. - The company successfully built a comprehensive automotive electronics product system, with multiple new automotive-grade CIS products launched for various applications, gaining significant market recognition and trust from customers[39]. - The company has established a strong foundation in the automotive industry with adherence to global quality management standards such as IATF 16949 and ISO26262:2018[16]. - The company aims to optimize its product matrix and enhance user experience to increase market share in smart security, consumer electronics, and automotive electronics[36]. - The company has become a leading supplier of CMOS image sensors in smart security, consumer electronics, and automotive electronics, ranking 6th in overall CIS shipment volume in 2021 and 1st in global security CIS shipments in 2020 and 2021[112]. Strategic Partnerships and Collaborations - The company has established strategic partnerships with foundries like TSMC and Samsung, ensuring a stable supply chain and production capacity[64]. - The company is focused on attracting and retaining core technical talent to maintain its innovation capabilities in a competitive industry[70]. - The company has established strong partnerships with major automotive manufacturers, which are expected to further expand in the future[49]. Governance and Shareholder Relations - The company has established a solid governance structure, ensuring efficient and stable operations in compliance with relevant laws and regulations[125]. - The company has established various internal control systems to protect the rights of minority shareholders, including measures for independent directors and information disclosure management[133]. - The company maintains a strict adherence to information disclosure requirements, ensuring transparency and compliance with regulations[133]. - The company has three independent directors who are empowered to supervise and propose significant decisions, enhancing the protection of minority shareholders' interests[133]. Future Outlook and Growth Projections - The company anticipates a recovery in the smart security industry in 2023 due to improving economic policies and decreasing inventory levels among downstream customers[37]. - The company provided guidance for the next fiscal year, projecting revenue growth of 25% to $1.875 billion[148]. - The company plans to invest approximately ¥850 million in the "Global Headquarters Park Project" to enhance R&D capabilities and attract global talent[106]. - The semiconductor market is expected to recover in 2024, with a growth rate of 5% to 10% anticipated[44]. Employee and Executive Compensation - The total compensation for key executives amounted to 98,313,100, with a significant portion attributed to core technical personnel totaling 23,968,900[139]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to CNY 35.20 million[152]. - The company has established a comprehensive performance evaluation system for senior management, linking performance to compensation[175]. Environmental and Social Responsibility - The company invested 5.95 million yuan in environmental protection during the reporting period[179]. - The company made donations totaling 487,000 yuan to support educational initiatives at Tsinghua University and Zhejiang University[188]. - The company has implemented measures to promote energy conservation and emission reduction within its operations[183].

2023 年第一季度报告 单位：元 币种：人民币 证券代码：688213 证券简称：思特威 思特威（上海）电子科技股份有限公司 2023 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | |----------------------------|----------------|--------------------------------------| | 项目 | 本报告期 | 本报告期比上年 同期增减变动幅 度 (%) | | 营业收入 | 454,337,875.07 | 3.76 | | 归属于上市公 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥644,856,141.99, a decrease of 18.94% year-over-year[4] - The net profit attributable to shareholders for Q3 2022 was -¥46,634,705.75, representing a decline of 133.14% compared to the same period last year[4] - The basic earnings per share for Q3 2022 was -¥0.12, a decrease of 130.77% compared to the same period last year[5] - The diluted earnings per share for Q3 2022 was also -¥0.12, reflecting a similar decline of 130.77% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was -¥77,553,683.01, down 155.04% year-over-year[4] - The company experienced a 19% year-over-year decline in sales revenue, attributed to market demand fluctuations and the pandemic[9] - Total operating revenue for Q3 2022 was ¥1,654,477,550.32, a decrease of 19% compared to ¥2,042,657,334.71 in Q3 2021[23] - The company's total liabilities amounted to ¥2,836,608,570.01, an increase from ¥1,761,515,776.48 year-over-year[21] - The net profit for Q3 2022 was -41,658,963.55 RMB, compared to a net profit of 320,456,470.40 RMB in Q3 2021, representing a significant decline[24] - The total comprehensive income for Q3 2022 was -40,339,016.60 RMB, down from 318,292,066.39 RMB in the same period last year[25] - The company's operating profit for Q3 2022 was -66,396,425.37 RMB, compared to an operating profit of 381,310,419.81 RMB in Q3 2021[24] Research and Development - The R&D investment for Q3 2022 totaled ¥98,098,124.21, an increase of 89.57% year-over-year, accounting for 15.21% of operating revenue[5] - Research and development expenses for Q3 2022 were ¥223,358,656.88, compared to ¥133,718,983.75 in Q3 2021, reflecting a significant increase[23] - The company plans to continue investing in new technologies and products to strengthen its market position despite current losses[9] - The company is focused on expanding its market presence and developing new technologies[18] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥6,623,424,192.10, reflecting a 50.88% increase from the end of the previous year[5] - The equity attributable to shareholders at the end of Q3 2022 was ¥3,786,815,622.09, up 44.08% year-over-year due to funds raised from the IPO[11] - Total current assets reached ¥5,582,949,475.18, compared to ¥2,919,872,648.01 in the previous year[19] - Short-term borrowings increased significantly to ¥1,825,492,372.19 from ¥823,198,093.87 year-over-year[21] - Non-current liabilities totaled ¥553,593,143.80, up from ¥339,970,005.94 in the previous year[21] - The company's equity attributable to shareholders was ¥3,786,815,622.09, up from ¥2,628,356,802.10 in the previous year[21] Cash Flow - The cash flow from operating activities for the first three quarters of 2022 was -1,662,465,263.77 RMB, compared to -950,226,358.73 RMB in the first three quarters of 2021[27] - Cash inflow from operating activities totaled 1,522,875,040.13 RMB, while cash outflow was 3,185,340,303.90 RMB, resulting in a net cash flow deficit[27] - The company reported cash inflow from financing activities of 3,726,736,611.88 RMB, with a net cash flow from financing activities of 2,174,326,924.95 RMB[28] - The cash and cash equivalents at the end of Q3 2022 amounted to 1,183,573,810.75 RMB, an increase from 802,839,226.67 RMB at the end of Q3 2021[28] - The company reported cash inflow from investment activities of 10,742,000.00 RMB, while cash outflow was 107,233,652.61 RMB, resulting in a net cash flow deficit from investment activities[27] Shareholder Information - Total number of common shareholders at the end of the reporting period was 6,032[12] - The largest shareholder, Xu Chen, holds 54,828,443 shares, representing 13.71% of total shares[12] - The top ten shareholders collectively hold significant stakes, with the largest being 13.71%[12] - There are no significant changes in the status of pledged, marked, or frozen shares among major shareholders[12] - The company has no reported participation in margin financing or securities lending by the top shareholders[16]

Financial Performance - The company reported a significant increase in revenue for the first half of 2022, achieving a total revenue of 500 million RMB, representing a 25% year-over-year growth[1]. - The company's operating revenue for the first half of 2022 was ¥1,009,621,408.33, a decrease of 19.05% compared to ¥1,247,169,255.47 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥4,975,742.20, down 97.23% from ¥179,716,909.40 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥299,797.40, a decline of 99.83% compared to ¥179,585,906.52 in the same period last year[18]. - The net cash flow from operating activities was -¥1,009,022,128.47, compared to -¥938,033,774.70 in the previous year, indicating a worsening cash flow situation[18]. - In the first half of 2022, the company achieved total revenue of 1,009.62 million CNY, a decrease of 19.1% compared to the same period last year[39]. - Revenue from the smart security industry was 776.64 million CNY, down 30.3% year-on-year, accounting for 77.0% of total revenue[39]. - The company reported a total of 5,115,900,960.07 in current assets, an increase from 2,919,872,648.01 in the previous period, reflecting a growth of approximately 75.3%[148]. Research and Development - The company has invested 200 million RMB in R&D for new technologies, focusing on AI and machine learning applications[1]. - The company increased R&D investment to 12.41% of operating revenue, up 5.84 percentage points from the previous year[20]. - Total R&D investment for the first half of 2022 was ¥125.26 million, a 52.81% increase year-on-year, representing 12.41% of total revenue[31]. - The number of R&D personnel increased by 67% year-on-year, contributing to the rise in R&D costs[32]. - The company is focused on developing new technologies and products to maintain its competitive edge in the market[20]. - The company has achieved mass production of its SFCPixel® patented technology and the fourth-generation low-light color night vision technology[28]. - The company is advancing its AI smart sensor platform, which is currently under development[28]. Market Expansion and Strategy - The company has set a future outlook with a revenue target of 1 billion RMB for the full year 2022, indicating a projected growth rate of 20%[1]. - The company is planning market expansion into Southeast Asia, targeting a 15% market share within the next two years[1]. - A strategic acquisition of a local tech firm is in progress, which is anticipated to enhance the company's technological capabilities and add 50 million RMB to annual revenue[1]. - The company is actively exploring potential mergers and acquisitions to strengthen its market position[137]. - The company aims to enhance its chip R&D efficiency by adhering to a "develop one generation, produce one generation, and pre-research one generation" strategy[37]. Risks and Challenges - The company has identified potential risks related to supply chain disruptions, which may impact production timelines[1]. - The company faced significant foreign exchange losses due to the depreciation of the RMB against the USD[20]. - High supplier concentration poses a risk, with the top five suppliers accounting for 88.57% of total procurement, which could impact production stability[51]. - The company faces high customer concentration risk, which may lead to sales fluctuations if major clients encounter geopolitical or operational issues[52]. - The COVID-19 pandemic has created uncertainties that could disrupt the company's production and sales operations[59]. Shareholder and Governance - The board has approved a share buyback program worth 100 million RMB to enhance shareholder value[1]. - The company has made commitments regarding share restrictions for major stakeholders, including a lock-up period of 36 months for shares held by the controlling shareholder and key personnel[96]. - The controlling shareholder, Xu Chen, has committed to not transferring or entrusting the management of shares for 36 months post-IPO, ensuring stability in shareholding[96]. - The company has established a profit distribution policy in accordance with relevant laws and regulations, which will be strictly followed post-IPO[112]. Environmental Responsibility - The company emphasizes environmental protection and integrates green management into its operations, focusing on climate change, energy management, water management, waste management, and air pollution prevention[90]. - There were no administrative penalties related to environmental issues during the reporting period, reflecting the company's commitment to environmental responsibility[91]. - The company is not classified as a key pollutant discharge unit by environmental protection authorities, indicating a lower environmental impact[89]. Financial Position - The total assets at the end of the reporting period were ¥6,433,208,933.83, an increase of 46.55% from ¥4,389,872,578.58 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company increased to ¥3,834,829,404.83, reflecting a growth of 45.90% from ¥2,628,356,802.10 at the end of the previous year[19]. - Cash and cash equivalents at the end of the period amounted to CNY 1,579,066,724.34, representing 24.55% of total assets, an increase of 110.65% year-on-year[74]. - The company reported a significant increase in lease liabilities to ¥10,935,665.64, a 27.52% rise due to new factory leases[76].