Key Financial Data [Key Accounting Data and Financial Indicators](index=1&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) The company's Q3 2022 performance declined year-over-year, though cumulative revenue grew while cumulative net profit fell Key Financial Indicators for Q3 2022 and YTD Q3 2022 | Indicator | This Reporting Period (Q3 2022) | YoY Change | YTD (Q3 2022) | YTD YoY Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 127,828,423.74 | -12.11% | 390,783,137.10 | 11.81% | | Net Profit Attributable to Shareholders (RMB) | 44,407,620.04 | -35.54% | 135,109,517.31 | -20.02% | | Net Profit Attributable to Shareholders (Non-recurring items deducted) (RMB) | 41,903,441.96 | -39.11% | 129,262,086.64 | -22.03% | | Basic EPS (RMB/Share) | 0.27 | -37.21% | 0.84 | -20.75% | | Total R&D Investment (RMB) | 7,362,603.47 | -50.99% | 31,446,651.95 | -8.80% | Key Balance Sheet Indicators at the End of the Reporting Period | Indicator | End of This Reporting Period (2022-09-30) | End of Previous Year (2021-12-31) | Change | | :--- | :--- | :--- | :--- | | Total Assets (RMB) | 1,687,008,091.11 | 1,489,085,744.17 | 13.29% | | Equity Attributable to Shareholders (RMB) | 1,545,061,016.21 | 1,414,176,574.03 | 9.26% | [Non-recurring Profit and Loss Items and Amounts](index=2&type=section&id=Non-recurring%20Profit%20and%20Loss%20Items%20and%20Amounts) Non-recurring gains totaled RMB 2.5 million in Q3 and RMB 5.85 million year-to-date, driven by financial asset gains and government grants Details of Non-recurring Profit and Loss Items | Item | Amount in This Reporting Period (RMB) | Year-to-Date Amount (RMB) | | :--- | :--- | :--- | | Gain/Loss on Disposal of Non-current Assets | 506,246.84 | 509,631.18 | | Government Grants Included in Current Profit/Loss | 274,706.12 | 1,195,541.29 | | Fair Value Change Gains/Losses from Trading Financial Assets | 2,068,362.60 | 5,299,037.49 | | **Total** | **2,504,178.08** | **5,847,430.67** | [Analysis of Changes in Key Financial Indicators](index=4&type=section&id=Analysis%20of%20Changes%20in%20Key%20Financial%20Indicators) Revenue growth was driven by increased orders, while profit decline was caused by rising material costs and new stock-based compensation expenses - Year-to-date operating revenue **grew by 11.81%** due to the company's success in securing more orders by enhancing product competitiveness despite market fluctuations[11](index=11&type=chunk) - Q3 net profit attributable to shareholders **decreased by 35.54%** year-over-year, mainly due to increased costs from a sharp rise in raw material prices like polysilicon and new share-based payment expenses from equity incentives[11](index=11&type=chunk) - Q3 R&D investment **decreased by 50.99%** year-over-year, primarily due to a temporary change in R&D spending as some research projects were completed[11](index=11&type=chunk) Shareholder Information [Shareholder Holdings](index=5&type=section&id=Shareholder%20Holdings) The company has 11,656 shareholders, with the top two holding a combined 45.35% stake and certain shareholders acting in concert - At the end of the reporting period, the total number of common shareholders was **11,656**[13](index=13&type=chunk) - Shareholder "Sicomm Semiconductor Technology (Shanghai) Co., Ltd." and "Ningbo Meishan Bonded Port Area Jingli Investment Management Partnership (Limited Partnership)" have signed a concert party agreement[14](index=14&type=chunk) Top Five Shareholders | Shareholder Name | Shareholding Ratio (%) | Shareholder Type | | :--- | :--- | :--- | | More-Lite Lighting Co., Ltd | 23.13 | Foreign Legal Entity | | Sicomm Semiconductor Technology (Shanghai) Co., Ltd | 22.22 | Domestic Non-State-Owned Legal Entity | | Beijing Aerospace Science & Industry Military-Civil Fusion Technology Achievement Transformation Venture Capital Fund | 6.21 | Domestic Non-State-Owned Legal Entity | | 626 Investment Holding Co., Ltd | 2.59 | Foreign Legal Entity | | Ningbo Meishan Bonded Port Area Jingli Investment Management Partnership | 1.80 | Domestic Non-State-Owned Legal Entity | Quarterly Financial Statements [Consolidated Balance Sheet](index=7&type=section&id=Consolidated%20Balance%20Sheet) Total assets grew to RMB 1.69 billion, driven by a significant 343.8% increase in construction in progress, signaling major capital expansion Core Balance Sheet Items (Unit: RMB Million) | Item | Sep 30, 2022 | Dec 31, 2021 | Change | | :--- | :--- | :--- | :--- | | **Assets** | | | | | Cash and Cash Equivalents | 527 | 437 | +20.6% | | Inventories | 171 | 118 | +45.1% | | Construction in Progress | 191 | 43 | +343.8% | | **Total Assets** | **1,687** | **1,489** | **+13.3%** | | **Liabilities** | | | | | **Total Liabilities** | **102** | **75** | **+36.0%** | | **Equity** | | | | | **Equity Attributable to Parent** | **1,545** | **1,414** | **+9.3%** | | **Total Equity** | **1,585** | **1,414** | **+12.1%** | [Consolidated Income Statement](index=10&type=section&id=Consolidated%20Income%20Statement) Despite an 11.8% revenue increase to RMB 391 million, a sharp 49% rise in cost of sales eroded profitability, causing net profit to fall by 20% Core Income Statement Items (First Three Quarters of 2022) | Item | Amount (RMB) | YoY Change (vs. First Three Quarters of 2021) | | :--- | :--- | :--- | | Total Operating Revenue | 390,783,137.10 | +11.81% | | Total Operating Costs | 241,174,202.04 | +42.20% | | Of which: Cost of Sales | 179,878,128.18 | +49.04% | | R&D Expenses | 31,446,651.95 | -8.80% | | Operating Profit | 155,338,328.58 | -19.23% | | Net Profit Attributable to Parent Company Shareholders | 135,109,517.31 | -20.02% | | Basic Earnings Per Share (RMB/Share) | 0.84 | -20.75% | [Consolidated Cash Flow Statement](index=12&type=section&id=Consolidated%20Cash%20Flow%20Statement) Operating cash flow remained stable, while significant investment outflows for asset construction were partially offset by financing inflows from investors - Investing activities cash outflow was primarily driven by **RMB 233 million** paid for the "acquisition of fixed assets, intangible assets, and other long-term assets," reflecting significant capital expenditures on projects like construction in progress[26](index=26&type=chunk) - Financing activities cash inflow was mainly from **RMB 99 million** in "cash received from investments," specifically from minority shareholders of a subsidiary[26](index=26&type=chunk) Core Cash Flow Statement Items (First Three Quarters of 2022) | Item | Amount (RMB) | | :--- | :--- | | Net Cash Flow from Operating Activities | 98,952,173.34 | | Net Cash Flow from Investing Activities | -143,503,797.64 | | Net Cash Flow from Financing Activities | 32,831,188.23 | | Net Increase in Cash and Cash Equivalents | -15,063,916.25 |

公司代码：688233 公司简称：神工股份 2022 年半年度报告 1 / 164 锦州神工半导体股份有限公司 2022 年半年度报告 2022 年半年度报告 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，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。 二、重大风险提示 公司已在本报告中详细阐述公司在经营过程中可能面临的各种风险及应对措施，敬请查阅本 报告"第三节 管理层讨论与分析"之"五、风险因素"。敬请投资者注意投资风险。 三、公司全体董事出席董事会会议。 四、本半年度报告未经审计。 五、公司负责人潘连胜、主管会计工作负责人袁欣及会计机构负责人（会计主管人员）盖雪声 明：保证半年度报告中财务报告的真实、准确、完整。 六、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 七、是否存在公司治理特殊安排等重要事项 □适用 √不适用 八、前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 九、是否存在被控股股东及其关联方非经营性占用 ...

2022 年第一季度报告 证券代码：688233 证券简称：神工股份 锦州神工半导体股份有限公司 2022 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、准确性和完整性承担个别及连带责任。 重要内容提示 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 单位：元 币种：人民币 | 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 | 141,597,369.93 | | 68.39 | | 归属于上市公司股东的净利润 | 49,899,295.57 | | 26.66 | | 归属于上市公司股东的扣除非 | 49,779,181.91 | | 27.72 | | 经常性损益的净利润 | | | | | 经营活动产生的现金流量净额 | 30,116,484.55 | | 80.71 | | 基本每股收益（元/股） | | 0.31 | 24.00 | 1 / 13 2022 年第一季度报告 | ...

公司代码：688233 公司简称：神工股份 2021 年年度报告 1 / 215 锦州神工半导体股份有限公司 2021 年年度报告 2021 年年度报告 致股东的一封信 尊敬的各位股东： 感谢您长期以来对神工股份的支持和厚爱！ 作为见证近三十年半导体历史的技术人员和神工股份的经营管理责任人，我深深地感受到 2021年是很不平凡的一年。其中，百年不遇的疫情肆虐，时局的快速变化和行业的艰难险阻，都 集中出现在这一年。虽然历尽千辛万苦，但是在大家的支持和鼓励下，公司员工一心同体，百折 不挠，快速调整战略战术攻坚克难，及时满足客户需求，创造了历史佳绩。 近年来，在地缘政治角力、国际军事冲突和经济逆全球化的国际形势下，各国产业结构正在 发生深刻的调整。主要经济体纷纷采取"产业回归，力争制造业自主可控"的政策，这必然冲击 全球产业协同效应，造成技术标准分化、供应链不稳定和产品成本上升等不良现象。但是，和平 发展，人类命运共同体的理念有其强大的生命力，也必将有力地促进人类文明和包括半导体在内 的科技领域的进步。在未来的"数字经济"和"零碳经济"中，性能更强、能耗更低、种类更 多、成本更优的芯片产品不可或缺。作为未来世界经济 ...

2021 年第三季度报告 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 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 证券代码：688233 证券简称：神工股份 锦州神工半导体股份有限公司 2021 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2021 年第三季度报告 | 企业取得子公司、联 | | --- | | 营企业及合营企业的 | | 投资成本小于取得投 | | 资时应享有被投资单 | | 位可辨认净资产公允 | | 价值产生的收益 | | 非货币性资产交换损 | | 益 | | 委托他人投资或管理 | | 资产的损益 | | 因不可抗力因素，如 | | 遭受自然灾害而计提 | | 的各项资产减值准备 ...

[Company Overview and Key Financial Indicators](index=6&type=section&id=第二节%20公司简介和主要财务指标) This section details the company's profile, key financial performance, and analysis of non-recurring gains and losses for the reporting period [Company Basic Information](index=6&type=section&id=一、%20公司基本情况) Jinzhou Jinggong Semiconductor Co., Ltd. (Jinggong Semiconductor, 688233.SH) is a company specializing in the R&D, production, and sales of semiconductor-grade single crystal silicon materials, with Pan Liansheng as its legal representative - The company's Chinese name is Jinzhou Jinggong Semiconductor Co., Ltd., its stock abbreviation is Jinggong Semiconductor, and it is listed on the STAR Market of the Shanghai Stock Exchange with stock code **688233**[14](index=14&type=chunk)[18](index=18&type=chunk) [Key Financial Data and Indicators](index=7&type=section&id=六、%20公司主要会计数据和财务指标) In the first half of 2021, the company achieved explosive performance growth, with operating revenue increasing by **354.80%** and net profit attributable to shareholders of the parent company increasing by **415.40%**, primarily driven by a significant increase in main product orders due to the semiconductor industry's upward cycle Key Accounting Data | Key Accounting Data | Current Period (Jan-Jun) | Prior Period | Year-over-Year Change (%) | | :--- | :--- | :--- | :--- | | **Operating Revenue** | **204,049,687.07 CNY** | 44,866,240.64 CNY | **354.80** | | **Net Profit Attributable to Shareholders of the Listed Company** | **100,034,093.48 CNY** | 19,409,123.73 CNY | **415.40** | | **Net Profit Attributable to Shareholders of the Parent Company After Deducting Non-Recurring Gains and Losses** | 96,972,924.41 CNY | 11,139,891.41 CNY | 770.50 | | **Net Cash Flow from Operating Activities** | 45,698,175.85 CNY | 33,246,580.32 CNY | 37.45 | | **Net Assets Attributable to Shareholders of the Listed Company** | 1,295,803,495.92 CNY | - | 6.93 (vs. end of prior year) | | **Total Assets** | 1,388,980,024.55 CNY | - | 3.00 (vs. end of prior year) | Key Financial Indicators | Key Financial Indicators | Current Period (Jan-Jun) | Prior Period | Year-over-Year Change (%) | | :--- | :--- | :--- | :--- | | **Basic Earnings Per Share (CNY/share)** | **0.63** | 0.13 | **384.62** | | **Weighted Average Return on Net Assets (%)** | **7.93** | 2.19 | Increased by 5.74 percentage points | | **Weighted Average Return on Net Assets After Deducting Non-Recurring Gains and Losses (%)** | 7.68 | 1.26 | Increased by 6.42 percentage points | | **R&D Expenditure as a Percentage of Operating Revenue (%)** | 9.54 | 11.77 | Decreased by 2.23 percentage points | - The company attributes its significant performance growth to the semiconductor industry's upward cycle and a substantial increase in main product orders driven by its first-class technology and stable quality[21](index=21&type=chunk) [Analysis of Non-Recurring Gains and Losses](index=8&type=section&id=八、%20非经常性损益项目和金额) During the reporting period, the company's total non-recurring gains and losses amounted to **3.06 million CNY**, primarily from government grants of **3.64 million CNY** recognized in current profit or loss Non-Recurring Gains and Losses Items | Non-Recurring Gains and Losses Items | Amount (CNY) | | :--- | :--- | | Government grants recognized in current profit or loss | 3,644,382.81 | | Other non-operating income and expenses | -43,007.43 | | Income tax impact | -540,206.31 | | **Total** | **3,061,169.07** | [Management Discussion and Analysis (MD&A)](index=9&type=section&id=第三节%20管理层讨论与分析) This section provides a comprehensive discussion of the company's industry, core business, technological advancements, competitive advantages, operational performance, and key risk factors [Industry and Main Business](index=9&type=section&id=一、%20报告期内公司所属行业及主营业务情况说明) The company operates in the semiconductor materials industry, which experienced a strong upward cycle in H1 2021, with its main business focusing on large-diameter single crystal silicon materials, silicon components, and large-size silicon wafers - In the first half of 2021, the semiconductor industry saw a significant recovery, entering an upward cycle, with WSTS forecasting a **19.7%** year-over-year increase in global semiconductor sales for 2021[27](index=27&type=chunk) - The company's main business is divided into three segments: - **Large-diameter single crystal silicon materials**: 14-19 inches, primary revenue source, world-leading technology and market share - **Silicon components**: processed from large-diameter single crystal silicon, with bulk orders and ongoing client certifications - **Large-size silicon wafers**: 8-inch lightly doped low-defect polished wafers, progressing well in client certification[45](index=45&type=chunk)[47](index=47&type=chunk) - The company adopts a 'customer order + self-stocking' production model and a direct sales model, with a lengthy customer certification cycle (typically **3-12 months**), but stable cooperation once integrated into the supply chain[48](index=48&type=chunk)[49](index=49&type=chunk) [Core Technologies and R&D Progress](index=17&type=section&id=二、%20核心技术与研发进展) The company continues R&D in large-diameter silicon materials, silicon components, and large-size silicon wafers, with R&D expenditure reaching **19.46 million CNY** and an increase in R&D personnel to **50** during the period - The company possesses multiple core technologies, including non-magnetic field large-diameter single crystal silicon manufacturing, solid-liquid coexistence interface control, and hot zone size optimization, offering advantages in cost reduction and yield improvement[54](index=54&type=chunk)[55](index=55&type=chunk) R&D Expenditure | R&D Expenditure | Current Period (CNY) | Prior Period (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | **Total R&D Expenditure** | **19,460,285.88** | 5,280,986.77 | **268.50** | | **R&D Expenditure as a Percentage of Operating Revenue (%)** | 9.54 | 11.77 | Decreased by 2.23 percentage points | - The company's ongoing R&D projects include **8-inch/12-inch** low-defect single crystal silicon, silicon polycrystalline materials, and silicon wafer flatness optimization, aiming for scaled production and enhanced product performance[62](index=62&type=chunk)[63](index=63&type=chunk)[64](index=64&type=chunk) - During the reporting period, the number of the company's R&D personnel increased from **33** to **50**, accounting for **21.55%** of the total workforce[67](index=67&type=chunk) [Core Competitiveness](index=23&type=section&id=三、%20报告期内核心竞争力分析) The company's core competitiveness stems from its technological leadership, stringent quality control, strong customer relationships, and leading position in the large-diameter single crystal silicon materials for integrated circuit etching - **Technological Advantage**: Utilizing technologies such as non-magnetic field large-diameter single crystal silicon manufacturing to effectively reduce unit production costs while maintaining high yield rates[68](index=68&type=chunk) - **Customer Advantage**: Certified by numerous international leading clients and established stable partnerships with multiple overseas customers, while securing long-term bulk orders from several domestic **8-inch** and **12-inch** integrated circuit manufacturers during the reporting period[69](index=69&type=chunk) - **Leading Position in Niche Segments**: Maintaining a leading position in large-diameter single crystal silicon materials, mastering mass production technology for crystals up to **19 inches**, and achieving several domestically advanced core technologies in silicon components and **8-inch** silicon wafers[70](index=70&type=chunk) [Discussion of Operating Performance](index=25&type=section&id=四、%20经营情况的讨论与分析) In H1 2021, the company achieved significant performance growth, with operating revenue and net profit increasing by **354.80%** and **415.40%** respectively, driven by strong market expansion and smooth progress in R&D and fundraising projects - In the first half of 2021, the company achieved operating revenue of **204.05 million CNY**, a **354.80%** year-over-year increase, and net profit attributable to shareholders of the parent company of **100.03 million CNY**, a **415.40%** year-over-year increase[78](index=78&type=chunk) - Regarding domestic and international market expansion, the company intensified its efforts in the domestic market, securing long-term bulk orders for silicon components from several **8-inch** and **12-inch** integrated circuit manufacturers, thereby reducing its sole reliance on overseas markets[78](index=78&type=chunk) - Fundraising projects are progressing smoothly, with **8-inch** semiconductor-grade lightly doped low-defect single crystal silicon material successfully grown and defects effectively controlled, while process experiments for the **8-inch** polished wafer project continue to advance[80](index=80&type=chunk)[81](index=81&type=chunk) [Risk Factors](index=28&type=section&id=五、%20风险因素) The company faces core risks related to technology, R&D, and operational challenges such as high customer and supplier concentration, raw material price volatility, and industry cyclicality, alongside macro-level trade policy and exchange rate risks - **Core Competitiveness Risks**: Including risks of core technology leakage, failure to keep pace with market demand in technological innovation, and R&D failure of fundraising projects (e.g., **8-inch** silicon wafers)[82](index=82&type=chunk)[83](index=83&type=chunk) - **Operational Risks**: High customer concentration (primarily in Japan, South Korea, and the United States), high supplier concentration (Wacker Chemie, SUMCO JSQ), raw material price fluctuations, and significant exposure to the cyclical fluctuations of the semiconductor industry[84](index=84&type=chunk)[85](index=85&type=chunk)[86](index=86&type=chunk)[87](index=87&type=chunk) - **Macroeconomic Risks**: A high proportion of the company's products are sold overseas, exposing it to adverse impacts from trade policies, tariffs, and exchange rate fluctuations in relevant countries[88](index=88&type=chunk) [Analysis of Financial Statement Item Changes](index=31&type=section&id=六、%20报告期内主要经营情况) Changes in the company's financial indicators during the reporting period are primarily linked to a **354.80%** increase in operating revenue, which also drove a **365.69%** rise in operating costs and a **268.50%** increase in R&D expenses Item | Item | Current Period (CNY) | Prior Period (CNY) | Change (%) | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | **Operating Revenue** | 204,049,687.07 | 44,866,240.64 | 354.80 | Upward industry cycle, significant increase in main product orders | | **Operating Cost** | 70,823,423.14 | 15,208,316.42 | 365.69 | Proportional change with operating revenue | | **R&D Expenses** | 19,460,285.88 | 5,280,986.77 | 268.50 | Orderly progress of R&D projects, increased investment | | **Financial Expenses** | -6,681,723.11 | -1,933,683.76 | -245.54 | Due to increased interest income | | **Net Cash Flow from Operating Activities** | 45,698,175.85 | 33,246,580.32 | 37.45 | Comprehensive impact of significant sales increase and raw material procurement | [Significant Matters](index=37&type=section&id=第六节%20重要事项) This section outlines the company's adherence to its commitments and the progress of its fundraising projects during the reporting period [Fulfillment of Commitments](index=37&type=section&id=一、%20承诺事项履行情况) During the reporting period, the company's actual controllers, shareholders, directors, supervisors, and senior management strictly fulfilled all commitments made during the initial public offering, including share lock-up, price stabilization, and avoidance of horizontal competition - All commitments made by the company and related parties, either during or continuing into the reporting period (including share lock-up, share price stabilization, avoidance of horizontal competition, and regulation of related-party transactions), were strictly fulfilled[110](index=110&type=chunk)[111](index=111&type=chunk)[114](index=114&type=chunk)[115](index=115&type=chunk)[116](index=116&type=chunk) [Use of Raised Funds](index=45&type=section&id=十二、%20募集资金使用进展说明) The company's initial public offering raised **774.87 million CNY** for two projects, with **261.22 million CNY** cumulatively invested as of the period-end, showing **94.38%** progress for the R&D center and **16.03%** for the **8-inch** silicon wafer production project Committed Investment Projects | Committed Investment Project | Total Committed Investment from Raised Funds (CNY millions) | Cumulative Investment as of Period-End (CNY millions) | Investment Progress as of Period-End (%) | | :--- | :--- | :--- | :--- | | 1. R&D Center Construction Project | 174.87 | 165.04 | 94.38 | | 2. 8-inch Semiconductor-Grade Silicon Single Crystal Polished Wafer Production Project | 600.00 | 96.18 | 16.03 | | **Total** | **774.87** | **261.22** | **-** | - The company utilized a portion of its idle raised funds for cash management, acquiring **300 million CNY** in structured deposits and **220 million CNY** in time deposits[121](index=121&type=chunk) [Share Capital Changes and Shareholder Information](index=47&type=section&id=第七节%20股份变动及股东情况) This section details the changes in the company's share capital structure and provides an overview of its shareholder composition during the reporting period [Changes in Share Capital Structure](index=47&type=section&id=一、%20股本变动情况) During the reporting period, the company's total share capital remained at **160 million** shares, with the proportion of restricted shares decreasing from **76.15%** to **49.05%** due to the unlocking of some initial public offering restricted shares - On February 22, 2021, **43,358,153** shares of the company's initial public offering restricted shares became tradable, leading to a reduction in the number of restricted shares[127](index=127&type=chunk)[128](index=128&type=chunk) [Shareholder Information](index=49&type=section&id=二、%20股东情况) As of the period-end, the company had **13,957** shareholders, with More Bright Lighting Co., Ltd. (**23.13%**), Xikang Semiconductor Technology (Shanghai) Co., Ltd. (**22.22%**), and Beijing Aerospace Science and Industry Military-Civilian Integration Technology Achievement Transformation Venture Capital Fund (**16.53%**) as the top three shareholders Shareholder Name | Shareholder Name | Shares Held at Period-End | Percentage (%) | Nature of Shares | | :--- | :--- | :--- | :--- | | More Bright Lighting Co., Ltd. | 37,003,560 | 23.13 | Overseas legal entity | | Xikang Semiconductor Technology (Shanghai) Co., Ltd. | 35,550,301 | 22.22 | Domestic non-state-owned legal entity | | Beijing Aerospace Science and Industry Military-Civilian Integration Technology Achievement Transformation Venture Capital Fund | 26,441,705 | 16.53 | Domestic non-state-owned legal entity | | 626 Investment Holding Co., Ltd. | 5,064,023 | 3.17 | Overseas legal entity | - Shareholders Xikang Semiconductor Technology (Shanghai) Co., Ltd., Ningbo Meishan Bonded Port Area Jingli Investment Management Partnership (Limited Partnership), and Ningbo Meishan Bonded Port Area Xujie Investment Management Partnership (Limited Partnership) have signed a concerted action agreement[134](index=134&type=chunk) [Financial Report](index=53&type=section&id=第十节%20财务报告) This section presents the company's unaudited consolidated financial statements, including the balance sheet, income statement, and cash flow statement, along with selected notes providing detailed explanations of key accounts [Financial Statements](index=53&type=section&id=二、%20财务报表) The financial statements for this reporting period are unaudited, showing robust growth in total assets, revenue, and net profit, with healthy operating cash flow and investment activities focused on capacity expansion and wealth management [Consolidated Balance Sheet](index=53&type=section&id=合并资产负债表) As of June 30, 2021, the company's total assets grew steadily to **1.39 billion CNY**, with total liabilities at **93.18 million CNY**, resulting in a low debt-to-asset ratio of approximately **6.7%**, and net assets attributable to shareholders of **1.30 billion CNY** | Item | June 30, 2021 (CNY) | December 31, 2020 (CNY) | | :--- | :--- | :--- | | **Total Assets** | **1,388,980,024.55** | 1,348,567,761.67 | | Total Current Assets | 954,408,073.14 | 955,468,651.94 | | Total Non-Current Assets | 434,571,951.41 | 393,099,109.73 | | **Total Liabilities** | **93,176,528.63** | 136,721,124.53 | | **Total Owners' Equity** | **1,295,803,495.92** | 1,211,846,637.14 | [Consolidated Income Statement](index=57&type=section&id=合并利润表) In H1 2021, the company achieved total operating revenue of **204.05 million CNY**, a **354.80%** year-over-year increase, and total operating costs of **98.99 million CNY**, leading to a net profit attributable to shareholders of the parent company of **100.03 million CNY**, a **415.40%** year-over-year increase | Item | H1 2021 (CNY) | H1 2020 (CNY) | | :--- | :--- | :--- | | **I. Total Operating Revenue** | **204,049,687.07** | 44,866,240.64 | | **II. Total Operating Costs** | 98,988,642.39 | 31,978,568.39 | | Including: Operating Cost | 70,823,423.14 | 15,208,316.42 | | R&D Expenses | 19,460,285.88 | 5,280,986.77 | | **III. Operating Profit** | 114,386,735.21 | 22,157,817.62 | | **V. Net Profit** | **100,034,093.48** | 19,409,123.73 | | Net Profit Attributable to Shareholders of the Parent Company | 100,034,093.48 | 19,409,123.73 | [Consolidated Cash Flow Statement](index=61&type=section&id=合并现金流量表) In H1 2021, net cash flow from operating activities was **45.70 million CNY**, while net cash outflow from investing activities was **65.29 million CNY**, primarily for fixed asset purchases and wealth management, and net cash outflow from financing activities was **15.99 million CNY** for dividend distribution | Item | H1 2021 (CNY) | | :--- | :--- | | **Net Cash Flow from Operating Activities** | **45,698,175.85** | | **Net Cash Flow from Investing Activities** | **-65,294,051.13** | | **Net Cash Flow from Financing Activities** | **-15,994,023.96** | | Effect of Exchange Rate Changes on Cash and Cash Equivalents | -913,660.52 | | **Net Increase in Cash and Cash Equivalents** | **-36,503,559.76** | [Notes to Financial Statements (Selected)](index=98&type=section&id=七、%20合并财务报表项目注释) The notes provide detailed information on financial statement items, including accounts receivable primarily from overseas clients, a significant increase in inventories due to higher orders, and the company's preferential **15%** income tax rate as a high-tech enterprise - Accounts receivable balance at period-end was **44.15 million CNY**, with overseas clients accounting for **75.92%** and domestic clients for **24.08%**[280](index=280&type=chunk) - Inventories book value at period-end was **92.49 million CNY**, a significant **83.28%** increase from **50.46 million CNY** at the beginning of the period, primarily due to increased sales orders and large-scale raw material procurement[95](index=95&type=chunk)[295](index=295&type=chunk) - The company enjoys high-tech enterprise tax incentives, with an enterprise income tax rate of **15%** during the reporting period[270](index=270&type=chunk) - Total remuneration for key management personnel in the current period was **1.20 million CNY**[409](index=409&type=chunk)

Financial Performance - Net profit attributable to shareholders rose by 1,752.66% to CNY 39,395,765.83 year-on-year[6] - Operating revenue surged by 389.11% to CNY 84,091,208.63 compared to the same period last year[6] - Basic earnings per share reached CNY 0.25, up from CNY 0.02 in the previous year[8] - Operating profit for Q1 2021 was ¥43,851,520.17, up from ¥2,937,030.82 in Q1 2020, reflecting a growth of 1498.5%[25] - Net profit for Q1 2021 was ¥39,395,765.83, compared to ¥2,126,447.07 in Q1 2020, marking an increase of 1745.5%[25] - The net profit for Q1 2021 was CNY 40,245,967.10, a significant increase from CNY 3,103,045.04 in Q1 2020, representing a growth of approximately 1,200%[28] - Operating profit for Q1 2021 reached CNY 44,886,745.26, compared to CNY 3,946,038.18 in the same period last year, indicating a substantial increase[28] Assets and Liabilities - Total assets increased by 3.71% to CNY 1,398,620,108.84 compared to the end of the previous year[6] - Current assets totaled ¥990,280,199.68, up from ¥955,468,651.94 at the end of 2020, indicating an increase of about 3.6%[18] - Total liabilities reached ¥147,448,367.33, up from ¥136,721,124.53, which is an increase of about 7.3%[19] - Total assets as of Q1 2021 were ¥1,404,664,286.87, up from ¥1,349,426,814.97 in Q1 2020, representing an increase of 4.1%[22] - Total liabilities for Q1 2021 were ¥141,869,137.89, compared to ¥126,877,633.09 in Q1 2020, reflecting an increase of 11.8%[22] Cash Flow - Net cash flow from operating activities increased significantly by 1,469.16% to CNY 16,665,523.37[6] - The company reported a net cash flow from operating activities of RMB 16,665,523.37, a 1,469.16% increase from RMB 1,062,063.67 in the previous year[15] - Cash flow from operating activities generated a net amount of CNY 16,665,523.37 in Q1 2021, up from CNY 1,062,063.67 in Q1 2020, reflecting a year-over-year growth of over 1,470%[30] - The total cash outflow from operating activities was CNY 67,323,114.46 in Q1 2021, compared to CNY 20,544,382.71 in Q1 2020, reflecting an increase of approximately 227%[30] Research and Development - R&D expenditure accounted for 13.27% of operating revenue, an increase of 6.51 percentage points year-on-year[8] - Research and development expenses surged to RMB 11,158,008.72, up 859.49% from RMB 1,162,910.60, reflecting increased investment in silicon components and large-size silicon wafers[15] - Research and development expenses in Q1 2021 amounted to ¥11,158,008.72, a substantial rise from ¥1,162,910.60 in Q1 2020, indicating a growth of 861.5%[24] Shareholder Information - The total number of shareholders reached 10,504 at the end of the reporting period[11] - The largest shareholder, More Light Lighting Co., Ltd., holds 23.13% of the shares[11] - Shareholders' equity totaled ¥1,251,171,741.51, compared to ¥1,211,846,637.14 at the end of 2020, indicating an increase of approximately 3.2%[19] - Shareholders' equity reached ¥1,262,795,148.98 in Q1 2021, up from ¥1,222,549,181.88 in Q1 2020, indicating a growth of 3.3%[23] Market Outlook - The company plans to continue expanding its domestic and international markets to sustain growth in orders and shipments[14] - The company expects to maintain its growth trajectory in the upcoming quarters, supported by ongoing market recovery and strategic initiatives[16] Other Financial Metrics - The company reported a total of CNY 421,974.15 in non-recurring gains and losses during the period[10] - Investment income for the quarter was RMB 2,727,275.99, a significant turnaround from a loss of RMB 225,030.20 in the previous year[15] - The company reported a total operating cost of ¥43,083,312.76 in Q1 2021, which is an increase of 208.5% from ¥13,998,236.71 in Q1 2020[24] - Other income for Q1 2021 was ¥629,296.12, compared to ¥156,579.73 in Q1 2020, reflecting an increase of 301.5%[24]

2020 年年度报告 公司代码：688233 公司简称：神工股份 锦州神工半导体股份有限公司 2020 年年度报告 1 / 194 2020 年年度报告 致股东的一封信 首先，感谢广大股东及各界人士对神工股份的支持。 2020 年是神工股份登陆科创板的第一年，也是危中有机的一年。全球受到新型冠状病毒流 行疫情的冲击，政治和经济环境发生了巨大的变化。公司管理层沉着应对，成功实现了原有优势 业务的稳健发展和募投项目的有序进行。 2020 年，公司营业收入达 19,209.75 万元，同比增长 1.86%；归属于母公司股东的净利润 10,027.65 万元，同比增长 30.31%；基本每股收益为 0.65 元；经营性现金流入 14,492.30 万 元，同比增长 28.40%。 在大直径单晶硅材料领域，2020 年 5 月，公司研发团队成功生长出直径达 22 英寸的单晶 体，其内在品质符合下游日本客户的标准，进一步巩固了公司在该领域的技术地位。 在半导体设备核心硅零部件领域，公司加大力度开拓国内市场，获得集成电路制造厂商批量 订单，并通过了国内某干法刻蚀机制造商的评估。这标志着公司打破了依赖单一海外市场的销售 模式 ...

2020 年第三季度报告 公司代码：688233 公司简称：神工股份 锦州神工半导体股份有限公司 2020 年第三季度报告 1 / 22 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 8 | | 四、 | 附录 9 | 2020 年第三季度报告 一、 重要提示 1.1 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、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人潘连胜、主管会计工作负责人安敬萍及会计机构负责人（会计主管人员）刘海波 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 22 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 1,193,909,380.24 384,648,253.60 210.39 归属于上市公司 股东的净资产 1,169,400,955.76 360,704,903. ...

2020 年第三季度报告 公司代码：688233 公司简称：神工股份 锦州神工半导体股份有限公司 2020 年第三季度报告 1 / 22 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 8 | | 四、 | 附录 9 | 2020 年第三季度报告 一、 重要提示 1.1 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、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人潘连胜、主管会计工作负责人安敬萍及会计机构负责人（会计主管人员）刘海波 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 22 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 1,193,909,380.24 384,648,253.60 210.39 归属于上市公司 股东的净资产 1,169,400,955.76 360,704,903. ...