翱捷科技股份有限公司 简式权益变动报告书 上市公司名称:翱捷科技股份有限公司 股票上市地点:上海证券交易所 股票简称:翱捷科技 股票代码:688220 信息披露义务人名称:深圳市前海万容红土投资基金(有限合伙) 通讯地址:深圳市福田区莲花街道福新社区深南大道 2016 号招商银行深圳分 行大厦 30F 邮政编码: 518000 联系电话: 0755-82832131 股份变动性质:减少 简式权益变动报告书签署日期:2023年8月9日 信息披露义务人声明 一、信息披露义务人依据《中华人民共和国证券法》(以下简称"《证券法》")、 《上市公司收购管理办法》(以下简称"《收购办法》")、《公开发行证券的公司信 息披露内容与格式准则第 15 号—权益变动报告书》(以下简称"准则 15 号")及 相关的法律、法规编写本报告书。 二、信息披露义务人签署本报告书已获得必要的授权和批准,其履行亦不违 反信息披露义务人章程或内部规则中的任何条款,或与之相冲突。 三、依据《证券法》、《收购办法》、准则 15 号的规定,本报告书已全面披露 了信息披露义务人在翱捷科技股份有限公司中拥有权益的股份变动情况; 截至本报告书签署之日,除本 ...

重要内容提示： 一、 本次权益变动基本情况 证券代码：688220 证券简称：翱捷科技 公告编号：2023-045 翱捷科技股份有限公司 关于股东权益变动的提示性公告 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。 （一）信息披露义务人的基本信息 本次权益变动属于股份减持，不触及要约收购。 本次权益变动后，翱捷科技股份有限公司（以下简称"公司"）股东深圳市 前海万容红土投资基金（有限合伙）（以下简称"前海万容红土"）持有公 司股份从23,063,040股减少至20,914,582股，持股比例从5.5135%减少至 4.9999%。 本次权益变动不会导致公司实际控制人发生变化，不会对公司治理结 构及持续经营产生影响。 （1）名称：深圳市前海万容红土投资基金（有限合伙） （2）注册地：深圳市福田区莲花街道福新社区深南大道2016号招商银行深圳分 行大厦30F （3）执行事务合伙人：深圳市前海万容红土投资管理有限公司 （4）执行事务合伙人委派代表：袁志武 （5）注册资本：181,000万人民币 （6）统一社会信用代码：91440 ...

证券代码：688220 证券简称：翱捷科技 公告编号：2023-033 翱捷科技股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会 的公告 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。 投资者可于 2023 年 05 月 08 日(星期一) 至 05 月 12 日(星期 五)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@asrmicro.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。 翱捷科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 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 年度及 2023 年第一季度经营成 果、财务状况，公司计划于 2023 年 05 月 15 日 上午 09:00-10:00 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。 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 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥408,251,172.09, representing a decrease of 26.77% compared to the same period last year[4]. - The net loss attributable to shareholders for Q1 2023 was ¥195,720,560.24, with a basic and diluted earnings per share of -¥0.55[4]. - The company reported a comprehensive loss of ¥195,577,784.25 in Q1 2023, compared to a comprehensive loss of ¥26,079,940.69 in Q1 2022[21]. - The net loss for Q1 2023 was approximately ¥202.00 million, compared to a net loss of ¥124.94 million in Q1 2022, reflecting a deterioration in profitability[29]. - The weighted average return on net assets was -2.65%, a decrease of 2.06 percentage points year-on-year[4]. Research and Development - The total R&D investment amounted to ¥295,451,602.27, an increase of 32.64% year-on-year, accounting for 72.37% of operating revenue, which is an increase of 32.41 percentage points[4][5]. - Research and development expenses rose to ¥295,451,602.27 in Q1 2023, up 32.6% from ¥222,753,538.63 in Q1 2022[19]. - Research and development expenses increased to approximately ¥262.48 million in Q1 2023, up from ¥192.63 million in Q1 2022, indicating a focus on innovation[28]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥210,762,273.73, primarily due to a decrease in sales revenue[4][9]. - In Q1 2023, the company reported cash inflows from operating activities of CNY 448,672,859.82, a decrease of 37.4% compared to CNY 715,978,269.08 in Q1 2022[22]. - The net cash outflow from operating activities was CNY -210,762,273.73, contrasting with a net inflow of CNY 92,923,496.18 in the same period last year[23]. - The company reported cash and cash equivalents of approximately ¥2.39 billion at the end of Q1 2023, down from ¥3.39 billion at the end of Q1 2022[31]. - The company's cash and cash equivalents increased to approximately ¥3.14 billion from ¥2.08 billion, representing a growth of about 51.5% year-over-year[15]. Assets and Liabilities - Total assets at the end of the reporting period were ¥8,161,080,116.32, a decrease of 1.95% from the end of the previous year[5]. - The total current assets decreased to approximately ¥7.51 billion from ¥7.67 billion, reflecting a decline of about 2.1%[16]. - Total liabilities increased to ¥907,533,460.53 in Q1 2023, compared to ¥850,827,406.21 in Q1 2022, reflecting a growth of 6.7%[18]. - The total liabilities rose to approximately ¥584.65 million in Q1 2023 from ¥522.54 million in Q1 2022, showing an increase in financial obligations[27]. - The equity attributable to shareholders decreased by 2.93% to ¥7,253,546,655.79 compared to the end of the previous year[5]. Market and Sales Performance - The company experienced a significant decline in chip sales due to weak downstream market demand, leading to a substantial reduction in revenue from customized chip services[7][9]. - Total operating costs increased to ¥638,567,154.35 in Q1 2023, up from ¥594,618,554.71 in Q1 2022, representing an increase of 7.4%[19]. - The total number of common shareholders at the end of the reporting period was 21,540, with Alibaba (China) Network Technology Co., Ltd. being the largest shareholder, holding 15.43% of the shares[10]. Other Information - The company has not reported any new product launches or technological advancements during this quarter[14]. - There are no significant mergers or acquisitions reported in the current quarter[14]. - The company has not provided specific future guidance or market expansion strategies in the current report[14].

Financial Performance - The company reported R&D expenses of 1.006 billion yuan, which contributed to the inability to achieve profitability during the reporting period[3]. - The company has not proposed any profit distribution for the year 2022 due to negative retained earnings, ensuring normal operations and sustainable development[5]. - The company has not yet achieved profitability since its listing, indicating ongoing financial challenges[3]. - Qualcomm reported a revenue of $33.57 billion for the fiscal year 2022, representing a 21% increase year-over-year[11]. - The company achieved a net income of $12.76 billion, which is a 25% increase compared to the previous year[11]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY, representing a year-over-year growth of 25%[17]. - The company reported a net profit of 300 million CNY, reflecting a profit margin of 25%, which is an improvement from 20% last year[17]. - The company's operating revenue for 2022 was approximately ¥2.14 billion, a slight increase of 0.15% compared to 2021[22]. - The net profit attributable to shareholders was a loss of approximately ¥251.51 million, an improvement from a loss of ¥589.39 million in the previous year[22]. - The company reported a net loss of CNY 251.51 million for the reporting period, with a net loss of CNY 373.21 million after deducting non-recurring gains and losses, and cumulative undistributed profits of CNY -3.52 billion as of December 31, 2022[94]. Research and Development - The company operates in a high-tech wireless communication chip design industry characterized by high technical barriers and significant capital investment[3]. - The company is investing in R&D, allocating 10% of its revenue, approximately 120 million CNY, towards new technology development[17]. - The company's R&D investment was approximately ¥1.006 billion, remaining stable compared to 2021[26]. - R&D expenses reached CNY 1,005 million, constituting 46.94% of operating revenue, with 70% of R&D costs attributed to personnel expenses[38]. - The company has 15 ongoing R&D projects, including 5G industrial IoT and high-integration LTE chips, with a total of 37 chips in development[38]. - The company has established a strong talent pool with 991 R&D personnel, of which over 70% hold master's or doctoral degrees[38]. - The company applied for 16 invention patents and obtained 21 patents in 2022, bringing the total number of effective authorized invention patents to 116[79]. - The company is currently developing several key projects, including a commercial 5G enhanced mobile broadband terminal chip platform with a total investment of ¥750,000,000.00, of which ¥209,078,234.86 has been invested in the current period[83]. Market Strategy and Expansion - Qualcomm's semiconductor business generated $27.1 billion in revenue, accounting for 81% of total revenue, with a growth rate of 24%[11]. - The company plans to expand its market presence in the automotive and IoT sectors, targeting a combined market opportunity of $100 billion by 2025[11]. - The company is actively pursuing strategic partnerships and acquisitions to enhance its technology portfolio and market reach[11]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 200 million CNY allocated for potential mergers[17]. - The company is expanding its product line to include customized chips and IP licensing, targeting industries such as AI, industrial control, and enterprise storage[92]. - The company aims to leverage the "5G+AIoT" trend to capture new application scenarios and market demands, enhancing its competitive edge in the chip industry[142]. - The company is positioned to benefit from the increasing domestic demand for wireless communication chips due to international trade tensions and the push for localization[143]. Operational Risks and Governance - The company has detailed various operational risks and corresponding countermeasures in the management discussion section of the report[4]. - The company has received a standard unqualified audit report from PwC, ensuring the accuracy and completeness of the financial statements[4]. - The board of directors was fully present at the board meeting, ensuring governance compliance[4]. - The company has a robust internal control and governance structure, ensuring compliance with information disclosure obligations and enhancing communication with investors[42]. - The company has established a comprehensive internal control system covering five key elements, ensuring effective management and compliance in financial reporting[188]. Environmental and Social Responsibility - The company is committed to sustainability initiatives, aiming for a 50% reduction in greenhouse gas emissions by 2030[11]. - The company promotes a paperless office environment, achieving over 95% of work processes in electronic format, thereby reducing paper usage[199]. - The company advocates for energy-saving measures, such as encouraging employees to use green transportation and reducing the use of disposable products[199]. - The company implements waste management practices, including recycling electronic products and classifying waste for proper disposal[198]. - The company has established a water conservation mechanism to reduce fresh water consumption and promote water-saving awareness among employees[200]. Employee and Management Structure - The total number of employees in the parent company is 870, and the total number of employees in major subsidiaries is 240, resulting in a combined total of 1,110 employees[179]. - The professional composition includes 23 sales personnel, 991 technical personnel, 10 financial personnel, 10 administrative personnel, and 76 other personnel, totaling 1,110 employees[180]. - The company emphasizes fair and appropriate salary payments to ensure competitiveness in the market[169]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 15.33 million RMB[169]. - The company has a structured process for determining the remuneration of its directors and senior management based on job responsibilities and performance[169].

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2022, representing a year-on-year increase of 20%[1]. - The company has set a revenue guidance of 1.2 billion CNY for the full year 2022, reflecting an expected growth of 15% compared to 2021[1]. - The company's operating revenue for the first half of 2022 was ¥1,080,195,164.16, representing a 22.83% increase compared to ¥879,458,648.35 in the same period last year[16]. - The company achieved a revenue of 1,080.20 million yuan in the first half of 2022, representing a year-on-year growth of 22.83%[47]. - The revenue from cellular baseband chips accounted for 93.91% of total chip sales, with sales reaching 957.21 million yuan, up 36.99% year-on-year[48]. - Non-cellular IoT chips generated revenue of 61.99 million yuan, a decline of 18.21% year-on-year, primarily due to decreased demand in the consumer electronics market[48]. - The net loss attributable to shareholders was reduced to ¥88,118,389.49 from ¥371,542,112.30 year-on-year, indicating significant improvement in financial performance[16]. - The net cash flow from operating activities improved by 68.56%, narrowing the outflow to ¥142,152,398.04 from ¥452,128,055.74 in the previous year[18]. - The company's net assets increased by 572.93% to ¥7,613,157,738.19 due to the issuance of 41,830,089 new shares[18]. - The total assets rose by 248.85% to ¥8,449,197,738.46 compared to ¥2,422,022,299.17 at the end of the previous year[16]. Research and Development - Research and development expenses increased by 10% to 50 million CNY, focusing on AI and machine learning technologies[1]. - The company reported a total R&D expenditure of approximately ¥476.23 million, representing a 4.40% increase compared to the previous year[34]. - R&D expenditure accounted for 44.09% of total revenue, a decrease of 7.78 percentage points from the previous year[34]. - The company is focused on developing advanced integrated circuits, including AI and SoC technologies, to enhance product offerings[10]. - The company is actively pursuing new product development in the fields of RF and baseband chips[9]. - The total R&D personnel count is 922, representing 89.17% of the company's total workforce, with an average salary of ¥37.83 million[39]. - The company has a strong self-research capability in various wireless communication technologies, having accumulated significant R&D investments since its establishment[42]. - The company has established a comprehensive intellectual property management system, applying for 4 invention patents and obtaining 8 during the reporting period[32]. - The company has developed a low-power Bluetooth BLE chip that achieves industry-leading performance in terms of sensitivity and dynamic power consumption, with stable shipments to multiple clients[29]. - The company’s NPU engine supports various neural networks with a computing power of 2.5 Tops and 2 Tops for neural network operations, now commercialized[30]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by the end of 2023[1]. - The company is expanding its market presence in the 5G sector, leveraging enhanced mobile broadband capabilities[10]. - The company is committed to enhancing user experience through innovative technologies in wireless communication[10]. - The company is actively expanding its market presence and product layout, focusing on new applications and customer acquisition in the non-cellular IoT sector[48]. - A strategic acquisition of a local tech firm was completed, which is anticipated to contribute an additional 100 million CNY in revenue annually[1]. Financial Position and Cash Management - The company maintains a strong cash position with 300 million CNY in cash reserves, ensuring liquidity for future investments[1]. - The total cash and cash equivalents at the end of the reporting period were RMB 2.40 billion, accounting for 28.44% of total assets, up 363.22% from RMB 518.84 million last year[57]. - The company holds trading financial assets of RMB 4.10 billion, which constitutes 48.50% of total assets, primarily from newly purchased structured deposit products[58]. - The company reported a significant increase in investment income, rising to RMB 29.86 million from RMB 1.44 million, a growth of 1,975.29%[55]. - The company has invested a total of ¥4.48 billion in R&D, with current period investment of ¥476.23 million and cumulative investment of ¥1.98 billion[38]. Risks and Challenges - The company has identified potential risks including supply chain disruptions and regulatory changes, which could impact future performance[1]. - The company faces risks related to core technology leakage due to employee turnover and potential competition from former employees starting new ventures[52]. - The company is exposed to market competition risks from established players like Qualcomm and MediaTek, which have significant market share and customer loyalty[53]. - The ongoing COVID-19 pandemic poses risks to the company's operational efficiency and supply chain stability, potentially impacting overall performance[54]. Shareholder and Governance Matters - The board has approved a share buyback program worth 200 million CNY to enhance shareholder value[1]. - The company has committed to not transferring shares for 36 months post-IPO, ensuring stability in shareholding[73]. - The company reported a lock-up period of 36 months for major shareholders, during which they cannot transfer or manage their shares[74]. - The company will ensure compliance with all relevant regulations and has established a detailed profit distribution policy[85]. - The company guarantees that its prospectus does not contain any false records or misleading statements, and it will assume legal responsibility for its accuracy[86]. Legal and Compliance Issues - The company is involved in significant litigation, including a case where it is accused of malicious litigation related to patent infringement, with the plaintiff withdrawing the case in May 2022[101]. - The company has ongoing litigation regarding its ASR3601 chip, with a lawsuit filed by a competitor claiming infringement of a patent, which has not yet gone to trial[101]. - The company is appealing a court decision that confirmed its ASR550X series products fall under a standard essential patent, with no damages awarded in the initial ruling[103]. Accounting and Financial Reporting - The financial statements are prepared in accordance with the Chinese Accounting Standards and reflect the company's financial position accurately[168]. - The company has adopted specific accounting policies for revenue recognition and asset impairment based on its operational characteristics[167]. - The company’s financial reporting is based on the principle of going concern, ensuring ongoing operational viability[167]. - The group offsets all significant intercompany balances, transactions, and unrealized profits in the preparation of consolidated financial statements[172].

Financial Performance - The company's revenue for Q1 2022 was RMB 557,471,361.25, representing a year-on-year increase of 31.48%[4] - The net loss attributable to shareholders for Q1 2022 was RMB -32,290,270.45, with a net loss of RMB -38,340,417.29 after excluding non-recurring gains and losses[4] - Total operating revenue for Q1 2022 was CNY 557,471,361.25, an increase from CNY 424,003,101.50 in Q1 2021, representing a growth of approximately 31.5%[20] - Net profit for Q1 2022 was CNY -32,290,270.45, compared to CNY -182,756,112.49 in Q1 2021, showing an improvement in losses[21] - The net loss for Q1 2022 was ¥124,940,655.93, an improvement from a net loss of ¥159,767,208.63 in Q1 2021[28] Cash Flow - The net cash flow from operating activities was RMB 92,923,496.18[4] - The company experienced a net inflow of RMB 313,608,795.14 in cash from operating activities, attributed to rapid growth in chip sales[12] - In Q1 2022, the company generated cash inflows from operating activities totaling RMB 715,978,269.08, compared to RMB 350,141,653.38 in Q1 2021, representing a 104% increase[23] - The net cash flow from operating activities for Q1 2022 was RMB 92,923,496.18, a significant recovery from a net outflow of RMB -220,685,298.96 in Q1 2021[24] - The company's cash flow from tax refunds was RMB 40,752,128.37 in Q1 2022, compared to RMB 16,970,387.41 in Q1 2021, indicating better tax management[23] Assets and Liabilities - Total assets at the end of Q1 2022 were RMB 8,744,607,466.44, an increase of 261.05% compared to the end of the previous year[6] - The total assets as of Q1 2022 amounted to CNY 8,744,607,466.44, significantly higher than CNY 2,422,022,299.17 in Q1 2021[19] - The total liabilities decreased to CNY 1,100,769,597.08 in Q1 2022 from CNY 1,290,677,361.28 in Q1 2021, a decline of approximately 14.7%[19] - The total liabilities decreased to ¥665,435,777.93 in Q1 2022 from ¥797,194,328.41 in Q1 2021, a reduction of approximately 16.5%[26] - The company's total assets as of March 31, 2022, were RMB 9,346,771,662.24, a significant increase from RMB 3,057,236,173.55 at the end of December 2021[25] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 23,272, with the top 10 shareholders holding a combined 60.54% of shares[14] - The top shareholder, Alibaba (China) Network Technology Co., Ltd., holds 15.43% of the shares, indicating strong institutional support[14] Research and Development - R&D expenses totaled RMB 222,753,538.63, a decrease of 2.38% year-on-year, with R&D expenses accounting for 39.96% of revenue, down 13.86 percentage points[6][13] - The company plans to maintain high investment in R&D throughout the year, with new products expected to enter the trial production stage[13] - Research and development expenses for Q1 2022 were CNY 222,753,538.63, slightly down from CNY 228,183,697.27 in Q1 2021[20] - Research and development expenses in Q1 2022 amounted to ¥192,628,069.58, up from ¥169,367,504.25 in Q1 2021, reflecting a year-over-year increase of 13.7%[27] Financial Expenses - The company reported a significant increase in financial expenses by 313.52%, primarily due to increased interest income[12] - The company's financial expenses in Q1 2022 were reported as -¥11,323,287.49, compared to -¥2,467,798.86 in Q1 2021, reflecting a significant increase in financial costs[27] Investment Activities - The company reported cash inflows from investment activities of RMB 3,005,146,328.78 in Q1 2022, up from RMB 201,193,150.69 in Q1 2021[24] - Cash outflows from investment activities in Q1 2022 amounted to RMB 5,774,416,054.28, compared to RMB 153,652,674.26 in the same period last year[24] - The company reported cash inflow from investment activities of ¥3,055,146,328.78 in Q1 2022, significantly higher than ¥1,193,150.69 in Q1 2021[29] Financing Activities - The company issued new shares, resulting in a net inflow of RMB 6,341,317,025.87 from financing activities[12] - The net cash flow from financing activities was RMB 6,334,998,481.65 in Q1 2022, a recovery from a net outflow of RMB -6,318,544.22 in Q1 2021[24] - Total cash inflow from financing activities reached $6.638 billion, with a net cash flow of $6.404 billion after outflows[30] Other Information - The company has not reported any significant mergers or acquisitions during the quarter, maintaining its current strategic direction[16] - The company did not apply the new accounting standards for the first quarter of 2022[31]