2022 年第三季度报告 证券代码：688260 证券简称：昀冢科技 苏州昀冢电子科技股份有限公司 2022 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。 公司负责人王宾、主管会计工作负责人及会计机构负责人于红（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 | 项目 | 本报告期 | 本报告期 比上年同 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 128,855,125.69 | 14.25 | 384,029,566.90 | 9 ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 20%[12]. - The company's operating revenue for the first half of 2022 was approximately CNY 255.17 million, representing a year-on-year increase of 7.54%[19]. - The net profit attributable to shareholders was CNY 14.11 million, a significant turnaround from a loss of CNY 0.85 million in the same period last year[19]. - The company achieved a revenue of 19,839,000,000 RMB for the first half of 2022, with a year-on-year increase of 275.6%[62]. - The company reported a revenue of 255 million yuan, representing a year-on-year increase of 7.54%[72]. User Growth and Market Expansion - User data showed an increase in active users by 15%, reaching a total of 1.2 million active users by the end of June 2022[12]. - Market expansion efforts include entering two new international markets by the end of 2022, which are expected to increase overall market share by 10%[12]. - The company plans to launch two new products in Q3 2022, which are expected to contribute an additional RMB 100 million in revenue[12]. - The company is considering strategic acquisitions to bolster its market position, with a budget of $150 million allocated for potential deals[127]. - The company is exploring multiple market segments, including smart wearables and automotive electronics, to expand its product offerings and market reach[59]. Research and Development - The company is investing RMB 50 million in R&D for new technologies aimed at enhancing product performance and reducing production costs[12]. - The R&D expenditure as a percentage of operating revenue rose to 10.07%, up by 0.88 percentage points from the previous year[20]. - The company achieved a total R&D expenditure of ¥25,697,278.16, representing a 17.79% increase compared to ¥21,815,756.93 in the same period last year[57]. - The company developed 12 new invention patents and 19 utility model patents during the reporting period, bringing the total to 69 invention patents and 159 utility model patents[55]. - The company has a robust R&D team with core technical personnel having over ten years of industry experience, enhancing its competitive edge[71]. Product Development and Innovation - The company has successfully developed and commenced mass production of high thermal conductivity ceramic electronic circuit boards, targeting applications in high-power LED lighting, UV LEDs, and 5G communication devices[32]. - The company has developed high value-added products, including SL pure plastic and IM metal insert molding products, with advanced manufacturing processes[45]. - The company has developed a material tension maintaining device that enables consistent and stable arrangement of metal terminals, achieving a minimum line width of 0.08 mm[49]. - The company has developed a high-precision automatic winding machine capable of 8-axis simultaneous high-speed production, achieving a winding resistance accuracy of ±5%[50]. - The company is advancing towards mass production of high integration camera modules, which are expected to improve product performance and meet increasing customer demands[59]. Financial Integrity and Governance - The company has no significant non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[12]. - The company confirmed the authorization for the board to handle matters related to the stock incentive plan during the second extraordinary general meeting of shareholders in 2022[112]. - The company will ensure that all information disclosure materials are free from false records or misleading statements, with commitments to repurchase shares if violations occur[152]. - The company has not reported any changes in the board of directors, supervisors, or senior management personnel[105]. - The company’s controlling shareholder has pledged not to interfere with management activities or harm company interests, with penalties for non-compliance[151]. Environmental Commitment - The management highlighted a focus on sustainability initiatives, aiming to reduce carbon emissions by 15% by 2025[12]. - The company actively responds to national "dual carbon" goals by implementing energy-saving and emission-reduction strategies, including the use of high-efficiency equipment and promoting paperless operations[116]. - The company has committed to reducing unnecessary consumption of resources such as electricity and water during production operations[116]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[115]. - The company has a commitment to fulfill its environmental responsibilities and promote ecological protection[116]. Risks and Challenges - The company faces risks related to performance decline due to potential decreases in downstream market demand and competition[74]. - The company is exposed to risks from intensified competition in the electronic components manufacturing industry, which may affect market share and profitability[75]. - The company’s reliance on a concentrated customer base, including major smartphone manufacturers, poses risks to future profitability if product quality and innovation do not meet client demands[78]. - The consumer electronics sector's downturn poses uncertainty for the company's continued growth in this segment[79]. - The company faces risks from international trade tensions, which could adversely affect future performance if escalated[79]. Shareholder and Stock Management - The company commits to a 12-month lock-up period for shares held by directors and core technical personnel, prohibiting any transfer or management delegation of shares prior to the IPO[133]. - The controlling shareholder, Wang Bin, emphasizes long-term shareholding to maintain control and share in the company's operating results, adhering to lock-up commitments[137]. - The company will ensure compliance with relevant laws and regulations regarding shareholding and transfer, ensuring transparency in any reduction plans[139]. - The company will publicly disclose reasons for any failure to fulfill commitments made in the prospectus and apologize to shareholders and the public[163]. - The company will take measures to reduce and regulate related party transactions in future business operations[159].

2021 年第一季度报告 公司代码：688260 公司简称：昀冢科技 苏州昀冢电子科技股份有限公司 2021 年第一季度报告(更正版) 1 / 29 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 8 | | 四、 | 附录 | 10 | 2021 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | 本报告期末 | 上年度末 | 本报告期末比上年度 | | --- | --- | --- | --- | | | | | 末增减(%) | | 总资产 | 93,216.34 | 61,347.7 | 51.95 | | 归属于上市 | 50,907.51 | 25,124.71 | 102.62 | | 公司股东的 | | | | | 净资产 | | | | | | 年初至报告期末 | 上年初至上年报告期 | 比上年同期增减(%) | | | | 末 | | | 经营活动产 | -338.13 | 2,963.02 | -111.41 | | 生的现金流 | | | | | 量净额 | ...

2022 年第一季度报告 证券代码：688260 证券简称：昀冢科技 苏州昀冢电子科技股份有限公司 2022 年第一季度报告（更正版） 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。 公司负责人王宾、主管会计工作负责人于红及会计机构负责人（会计主管人员）于红保证季度报 告中财务报表信息的真实、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 | | | 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 | 125,645,397.05 | | -7.18 | | 归属于上市公司股东的净利润 | 5,782,931.82 | | -33.40 | | 归属于上市公司股 ...

Financial Performance - The company's operating revenue for 2021 was RMB 519.70 million, a decrease of 6.14% compared to RMB 553.68 million in 2020[21]. - The net profit attributable to shareholders for 2021 was RMB 15.50 million, down 72.39% from RMB 56.14 million in 2020[21]. - The basic earnings per share for 2021 was RMB 0.1409, reflecting a decline of 77.41% from RMB 0.6238 in 2020[22]. - The total assets as of the end of 2021 reached RMB 990.47 million, an increase of 61.45% from RMB 613.48 million at the end of 2020[21]. - The net profit attributable to shareholders decreased by 72.39% to ¥15,499,374.89, and the net profit excluding non-recurring gains and losses decreased by 79.86% to ¥9,423,031.53, with basic earnings per share down by 77.41% compared to the previous year[23]. - The cash flow from operating activities was RMB 6.42 million in 2021, compared to RMB 107.06 million in 2020[21]. - The company's net profit attributable to shareholders for 2021 was CNY -60,459.67 million, a year-on-year decline of 200.74%[34]. - In Q1 2022, the company's revenue was CNY 35,492.62 million, a year-on-year increase of 13.66%, while net profit attributable to shareholders was CNY 3,401.37 million, down 8.92%[33]. Research and Development - The company's R&D expenditure accounted for 9.17% of operating revenue in 2021, up from 6.61% in 2020[22]. - The company's R&D expenses in 2021 were CNY 47,679.1 million, a 30.26% increase year-on-year, primarily due to investments in automotive electronics and optoelectronic semiconductors[36]. - The company has received 127 valid patent authorizations by the end of 2021, including 10 invention patents and 117 utility model patents[59]. - The company plans to fully expand its product fields and enhance comprehensive competitiveness through continuous innovation and R&D efforts[60]. - The company is focusing on R&D in automotive electronics and electronic ceramics, which contributed to an increase of ¥11,075,100 in R&D expenses[104]. Market Trends and Challenges - The overall smartphone shipments in China for 2021 remained flat compared to 2020, but the sales of precision electronic components, particularly camera modules and voice coil motors, saw significant declines, impacting the company's revenue[25]. - The smartphone market is experiencing a potential decline in demand, with the camera motor (VCM) consumption expected to reach 3.94 billion units by 2025, providing growth opportunities for the company[120]. - The company faces risks related to market demand fluctuations and potential declines in smartphone sales, which could impact overall performance[123]. - The company is actively expanding into automotive electronics and optoelectronics, with a focus on sustainable growth in these sectors[128]. Customer and Supplier Relationships - The company has established long-term relationships with suppliers, but faces risks from raw material price fluctuations that could affect profitability[127]. - The company has successfully entered the supply chains of major clients such as Huawei, Xiaomi, and Toyota, indicating strong customer resource advantages[116]. - The company is focusing on expanding its market presence and diversifying its customer and supplier relationships to mitigate risks associated with reliance on a few key partners[158][160]. Production and Operations - The company has established a strict supplier management process, including initial screening, sample testing, and regular evaluations based on delivery, quality, and service[68]. - The production model is based on "sales-driven production," where production plans are created based on customer orders and inventory levels[69]. - The company has automated the production of high-precision winding machines for 3C consumer electronics, achieving a winding error of ±1 turn and resistance precision of ±5%[96]. - The company has integrated over 800 sets of AOI systems across its production lines for continuous measurement and data collection[98]. Strategic Initiatives - The company plans to expand its market presence through new product launches and strategic partnerships in the upcoming quarters[170]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product line[1]. - The company aims to improve operational efficiency and reduce costs through strategic investments in technology and infrastructure[1]. - The company plans to invest a total of 1,124.36 million RMB in the MLCC project, which carries risks related to funding and technology maturity[192]. Financial Management - The accounts receivable net amount at the end of 2021 was CNY 19,440.40 million, accounting for 19.63% of total assets, indicating a potential increase in bad debt risk as the company expands[130]. - The company's inventory value increased from CNY 6,229.22 million at the end of 2020 to CNY 8,703.86 million at the end of 2021, raising concerns about potential inventory losses[131]. - The company has a high customer concentration risk, with major clients including Huawei, Xiaomi, VIVO, and OPPO, which could impact performance if these relationships change[129]. - The company reported a significant increase in other non-current assets, reaching 102,442.92 million yuan, a 367.32% rise, indicating strategic investments[166].

Financial Performance - The company's operating revenue for Q3 2021 was ¥112,784,911.43, representing a decrease of 12.67% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥8,331,683.18, a decline of 192.28% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was -¥7,898,311.91, down 194.32% from the previous year[5]. - Total operating revenue for the first three quarters of 2021 was CNY 350,076,474.20, a decrease of 11.3% compared to CNY 394,875,531.00 in the same period of 2020[22]. - Net profit for the first three quarters of 2021 was a loss of CNY 15,558,161.15, compared to a profit of CNY 37,652,509.34 in the same period of 2020[23]. - The company reported a total comprehensive income attributable to the parent company of CNY -8,416,708.73 for the third quarter of 2021, compared to CNY 43,112,220.51 in the same quarter of 2020[24]. Research and Development - Research and development expenses totaled ¥14,530,794.86, an increase of 57.11% compared to the same period last year, accounting for 12.88% of operating revenue[6]. - The company's net profit attributable to shareholders decreased to -194.32 million, reflecting a decline due to increased R&D expenses in automotive electronics and electronic ceramics[10]. - Research and development expenses rose to CNY 36,346,551.79, an increase of 45.6% from CNY 24,944,389.99 in the previous year[22]. - R&D expenses increased significantly compared to the previous year, with total R&D investment reaching 57.11 million in the current reporting period[12]. Assets and Liabilities - Total assets at the end of the reporting period were ¥851,443,737.31, an increase of 38.79% from the end of the previous year[6]. - The total assets of the company reached CNY 851,443,737.31, compared to CNY 613,476,970.38 at the end of the previous year, reflecting a growth of 38.8%[20]. - Total liabilities amounted to CNY 377,228,549.10, slightly up from CNY 375,638,520.00 in the previous year[20]. - Current liabilities reached 358,030,194.89, reflecting a decrease of 8,248,504.37[32]. Cash Flow - The company's cash flow from operating activities was -¥15,360,690.59, indicating a significant cash outflow[6]. - In the first three quarters of 2021, the company generated cash inflows from operating activities amounting to CNY 347,412,419.02, a decrease of approximately 17.2% compared to CNY 419,543,220.13 in the same period of 2020[26]. - The net cash flow from operating activities for the third quarter of 2021 was CNY -15,360,690.59, compared to CNY 81,262,951.59 in the previous year[27]. - Cash inflows from financing activities totaled CNY 398,839,830.59, with net cash flow from financing activities reaching CNY 222,792,391.91, compared to a net outflow of CNY -11,233,246.90 in the previous year[28]. Market Conditions - The global smartphone shipment volume decreased by 6% in Q3 2021 due to severe global chip shortages, impacting the company's sales[9]. - The company's main customer, Huawei, experienced a significant decline in market share due to US-China trade tensions, adversely affecting sales revenue[9]. - Increased market competition has led to a decline in average selling prices for lower-technology products, negatively impacting gross profit margins[9]. - The company is gradually shifting its product sales to other well-known smartphone manufacturers as sales to Huawei are affected by trade tensions[11]. Shareholder Information - The company reported a total of 5,802 common shareholders at the end of the reporting period[14]. - The top shareholder, Wang Bin, holds 13,183,740 shares, representing 10.99% of total shares[14]. - The second-largest shareholder, Suzhou Yun San Enterprise Management Consulting Partnership, holds 10,206,630 shares, accounting for 8.51%[14]. Inventory and Receivables - The company's accounts receivable decreased to ¥120,914,186.73 from ¥173,083,878.99 in the previous year, indicating a reduction of approximately 30.5%[17]. - Inventory levels increased to ¥87,450,512.81, up from ¥62,292,179.96, reflecting a growth of approximately 40.4%[17]. - The company's other receivables increased significantly to ¥36,361,673.46 from ¥5,427,843.75, marking a growth of approximately 570.5%[17].

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2021, representing a year-on-year increase of 20%[1]. - The company reported a revenue of 237.29 million yuan for the first half of the year, a decrease of 10.7% compared to 265.73 million yuan in the same period last year[21]. - The net profit attributable to shareholders was -0.085 million yuan, down 100.25% from 34.08 million yuan in the previous year[22]. - The basic earnings per share were -0.0008 yuan, a decline of 100.21% from 0.3787 yuan year-on-year[21]. - The company achieved operating revenue of 237.29 million yuan and a net profit attributable to shareholders of -0.085 million yuan during the reporting period[69]. - The total assets of the company at the end of the reporting period amounted to 868.95 million yuan, with net assets attributable to shareholders of 501.21 million yuan[69]. - The company's main business gross margin has declined, reflecting challenges in production technology and cost management[82]. Research and Development - Investment in R&D increased by 30%, focusing on the development of new technologies and products[1]. - Research and development expenses accounted for 9.19% of operating revenue, an increase of 55.65% compared to 5.91% in the previous year[21]. - The company achieved a total R&D investment of ¥21,815,756.93, representing a 38.99% increase compared to ¥15,695,354.99 in the previous period[55]. - R&D investment accounted for 9.19% of total revenue, up from 5.91%, indicating a 55.65 percentage point increase[56]. - The company added 4 new utility model patents and 1 software copyright during the reporting period, bringing the total number of patents to 186 and copyrights to 12[53]. - The company is actively developing new products in the optical semiconductor field, currently in small batch production stages[30]. - The company has developed new core technologies including ceramic substrates, flexible circuit boards, winding products, Bluetooth headset antennas, and an intelligent assembly line for ABS+ECU[52]. Market Expansion and Strategy - The company expects a revenue growth forecast of 25% for the second half of 2021, driven by new product launches and market expansion strategies[1]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[1]. - The automotive electronics sector is a key focus for the next 3-5 years, with current production of components for steering systems and plans to include all precision components for vehicle electronic devices[30]. - The company is expanding its product range and sales scale beyond mobile optics, having passed certifications from various automotive and home appliance industry companies[29]. - The company is expanding into automotive, home appliance, and optoelectronic semiconductor sectors, but faces challenges in product certification and market competition[75][76]. Operational Efficiency - The company has implemented new strategies to enhance operational efficiency, aiming for a 15% reduction in operational costs by the end of 2021[1]. - The company employs a "sales-driven production" model, adjusting production plans based on customer orders and inventory levels[36]. - The company has established a strict supplier management process, including initial screening, sample testing, and regular evaluations based on delivery, quality, and service[35]. - The company has developed automated devices to improve efficiency in key process nodes, establishing a fully automated process for various products[45]. Risks and Challenges - The company has identified potential risks in its business model, which are detailed in the management discussion section of the report[1]. - The company faces risks from intensified market competition and the need for rapid product upgrades to meet customer demands[72]. - The company faces risks from raw material price fluctuations, particularly in plastics and metals, which could adversely affect profitability[74]. - There is a risk of talent loss, which could negatively impact R&D and production activities if key personnel leave[75]. - The company is exposed to macroeconomic risks, including international trade tensions and the ongoing impact of the COVID-19 pandemic, which could reduce demand for its products[79][80]. Shareholder Commitments and Governance - The company has committed to share lock-up agreements for a period of 12 to 36 months following the IPO, ensuring stability in shareholding[103]. - The controlling shareholder Wang Bin has committed to not transfer or manage shares for 36 months post-IPO, with an extension of 6 months if stock price falls below IPO price for 20 consecutive trading days[109]. - The company has committed to fulfilling its obligations regarding social insurance and housing fund matters for its employees[108]. - The company guarantees that its IPO prospectus and disclosures are free from false statements or omissions, with obligations to repurchase shares if violations occur[136]. Financial Position and Assets - Total assets increased by 41.64% to 868.95 million yuan from 613.48 million yuan at the end of the previous year[22]. - Cash and cash equivalents increased by 112.79% to ¥48,853,298.80, up from ¥22,958,742.32 in the previous year[87]. - Accounts receivable decreased by 26.77% to ¥126,756,620.87, compared to ¥173,083,878.99 last year[87]. - Inventory rose by 24.34% to ¥77,455,614.74, up from ¥62,292,179.96 in the previous year[87]. - The company has maintained a strong balance sheet with no reported debt obligations, positioning itself well for future investments[159].

Financial Performance - Revenue for Q1 2022 was CNY 125,645,397.05, a decrease of 7.18% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 5,782,931.82, down 33.40% year-over-year[4] - Basic and diluted earnings per share were both CNY 0.0482, reflecting a decline of 50.05%[4] - Total operating revenue for Q1 2022 was ¥125,645,397.05, a decrease of 7.3% from ¥135,369,012.12 in Q1 2021[18] - Net profit for Q1 2022 was ¥4,854,290.33, a decline of 22.0% compared to ¥6,230,980.79 in Q1 2021[19] Cash Flow - Cash flow from operating activities was negative at CNY -19,291,387.98, indicating cash outflow[4] - Cash flow from operating activities was ¥122,650,141.67 in Q1 2022, slightly down from ¥122,721,283.97 in Q1 2021[22] - Net cash flow from operating activities was -$19,291,387.98, compared to -$3,381,284.46 in the previous year, indicating a significant decline in operational cash flow[23] - Total cash outflow for operating activities was $146,883,061.33, compared to $128,665,551.03 in the previous year, reflecting increased operational expenses[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,000,384,738.54, a 1.00% increase from the end of the previous year[5] - The company's total liabilities increased to ¥498,150,190.72 in Q1 2022 from ¥493,087,468.45 in Q1 2021, reflecting a growth of 1.3%[17] - The total equity attributable to shareholders rose to ¥525,476,562.84 in Q1 2022, compared to ¥519,693,631.02 in Q1 2021, marking an increase of 1.5%[17] Research and Development - Research and development expenses totaled CNY 11,344,018.01, accounting for 9.03% of revenue, an increase of 1.04 percentage points[5] - Research and development expenses for Q1 2022 were ¥11,344,018.01, up 4.8% from ¥10,821,252.21 in Q1 2021[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,519[10] - The top shareholder, Wang Bin, holds 10.99% of the shares, totaling 13,183,740 shares[10] Inventory and Receivables - Accounts receivable decreased to RMB 188,303,579.59 from RMB 194,404,048.33, representing a decline of about 3.3%[14] - Inventory levels rose to RMB 102,406,964.18, up from RMB 87,038,635.05, marking an increase of approximately 17.7%[15] Financing Activities - Cash received from borrowings was $93,230,231.24, compared to $46,784,510.00 in the previous year, indicating increased reliance on debt financing[24] - Cash paid for debt repayment was $45,000,000.00, significantly higher than $18,878,176.96 in the previous year[24] Other Information - The decline in net profit was primarily due to changes in the international environment and the impact of the pandemic, leading to reduced orders[8] - The company has not disclosed any new product or technology developments during this reporting period[13] - There are no significant mergers or acquisitions reported in the current quarter[13] - The company has not provided specific future guidance or market expansion strategies in the conference call[13]

Financial Performance - The company's operating revenue for 2021 was approximately RMB 519.70 million, a decrease of 6.14% compared to RMB 553.68 million in 2020[22]. - The net profit attributable to shareholders for 2021 was RMB 15.50 million, reflecting a significant decline of 72.39% from RMB 56.14 million in the previous year[22]. - The net profit excluding non-recurring gains and losses was RMB 9.42 million, down 79.86% from RMB 46.78 million in 2020[22]. - Cash flow from operating activities decreased by 47.73% to RMB 55.96 million, compared to RMB 107.06 million in 2020[22]. - The company's gross profit margin has shown a declining trend, with gross margins of 29.22% in 2020 and 26.70% in 2021[97]. - The decline in revenue was primarily due to a global chip shortage, leading to a decrease in smartphone shipments and a subsequent drop in sales of precision electronic components[89]. - The company reported a total revenue of ¥519,704,136.74, a year-on-year decrease of 6.14%[105]. - Operating costs amounted to ¥377,246,666.16, reflecting a year-on-year decrease of 1.58%[105]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 1.34 CNY per 10 shares, totaling 16,080,000 CNY, which represents 103.75% of the net profit attributable to shareholders for 2021[5]. - The profit distribution plan has been approved by the board and is pending approval at the annual shareholders' meeting[5]. - The company has a cash dividend policy that mandates at least 20% of the distributable profit to be paid out as dividends if certain conditions are met[189]. - The company has maintained a stable cash dividend policy since its listing, with no adjustments made to the policy[190]. Research and Development - Research and development expenses accounted for 9.17% of operating revenue, an increase of 2.56 percentage points from the previous year[24]. - The company reported a total R&D investment of ¥47,679,070.78, representing a 30.26% increase compared to the previous year[73]. - R&D expenses increased by 11.0751 million yuan compared to 2020, focusing on automotive electronics and electronic ceramics, with steady revenue growth expected in these areas[91]. - The company has established a strong R&D capability in the automotive electronics sector, enhancing its core competitiveness with advanced technologies such as ultra-precision processing and electroplating[177]. - The company is focusing on expanding its market presence through new product development and technological advancements[75]. Market and Competitive Position - The company is focusing on expanding its domestic market and enhancing product and technology innovation amidst challenging international trade conditions[34]. - The company is actively expanding its customer base in the automotive electronics sector, with orders gradually increasing[84]. - The company is positioned to benefit from the ongoing transfer of manufacturing from developed countries, enhancing its competitive edge in the domestic market[135]. - The demand for high-end precision electronic products is rapidly increasing, particularly in the mobile communication and automotive sectors[137]. - The overall industry is expected to consolidate, with smaller, less capable firms being phased out, allowing stronger companies to capture greater market share[138]. Corporate Governance and Compliance - The company has received a standard unqualified audit opinion from Tianheng Accounting Firm[5]. - The company has not violated decision-making procedures for external guarantees[8]. - The company has established a robust internal control system to enhance risk prevention capabilities and operational standards[155]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate reporting of financial information[154]. - The board of directors consists of 9 members, including 3 independent directors, and held 10 meetings during the reporting period[153]. Risks and Challenges - The company emphasizes the importance of investment risk regarding forward-looking statements in the report[6]. - The company faces risks related to the concentration of direct customers, primarily major VCM motor and CCM module manufacturers, which could significantly impact financial performance if these customers experience adverse changes[96]. - The company is experiencing increased competition in the optoelectronic semiconductor sector, which may lead to price volatility and impact future revenue growth[95]. - Future performance may be affected by macroeconomic conditions and international trade tensions, particularly in light of ongoing global challenges such as the COVID-19 pandemic[101]. Innovation and Technology Development - The company has developed advanced lead frame products using precision mold design and stamping technology, achieving industry-leading standards in dimensional accuracy and coating uniformity[69]. - The company has implemented a fully automated production process for metal and plastic integration, enhancing product performance and market competitiveness[67]. - The company is developing ceramic substrate production technology that can achieve a minimum line width and spacing of 25um/25um, with a 20% increase in work efficiency through equipment upgrades[68]. - The company has achieved mass production of dual-layer and multi-layer flexible printed circuit boards with a line spacing of 30um/30um, breaking foreign technology monopolies[68]. Environmental Responsibility - The company integrates ESG work into daily operations, focusing on environmental responsibility and sustainable practices[196]. - The company emphasizes the development of green products and has increased R&D investment to enhance product quality[196]. - The company has implemented energy-saving renovations in production facilities and developed energy recovery systems[196]. - The company strictly adheres to environmental laws and regulations, promoting clean energy and smart production to reduce energy consumption[200].

2021 年第三季度报告 证券代码：688260 证券简称：昀冢科技 苏州昀冢电子科技股份有限公司 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。 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 | 项目 | 本报告期 | 本报告期 比上年同 | | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | 年初至报告期末 | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 112,784,911.43 | -12.67 | 350,076,474.20 | -1 ...