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 ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with a total revenue of RMB 500 million, representing a 25% year-over-year growth[17]. - The company's revenue for the first half of the year was approximately ¥237.29 million, a decrease of 10.70% compared to ¥265.73 million in the same period last year[26]. - The net profit attributable to shareholders was a loss of ¥85,025.55, representing a decline of 100.25% from a profit of ¥34.08 million in the previous year[26]. - The basic earnings per share for the first half of the year was -¥0.0008, down 100.21% from ¥0.3787 in the same period last year[24]. - 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[72]. - The total assets of the company reached 868.95 million yuan, with net assets attributable to shareholders amounting to 501.21 million yuan[72]. Research and Development - The company is investing in R&D, allocating RMB 50 million for the development of new technologies and products[17]. - Research and development expenses accounted for 9.19% of operating revenue, an increase of 55.65 percentage points compared to 5.91% in the previous year[24]. - The company achieved a total R&D investment of ¥21,815,756.93, representing a 38.99% increase compared to the previous period's ¥15,695,354.99[55]. - The company added 4 new utility model patents and 1 software copyright during the reporting period, bringing the total number of patents to 99[53]. - The company has developed a new Bluetooth earphone antenna design, which improves antenna efficiency and reduces internal space usage, enhancing market competitiveness[58]. Market Expansion and Strategy - The company provided a positive outlook for the second half of 2021, projecting a revenue growth of 20% to 30%[17]. - Market expansion plans include entering two new regions, aiming for a 10% market share in these areas by the end of 2022[17]. - The company is actively expanding into automotive electronics, optoelectronics, home appliances, and security applications, enhancing its product range and sales scale[31]. - The company is focusing on high-end products with significant market potential, particularly in precision optical equipment and high-end electronic components[58]. - The company is leveraging its technological advantages in injection molding to enhance the performance and cost-effectiveness of its new products[58]. Production and Operations - The company has established a production model of "sales-driven production," adjusting production plans based on customer orders and inventory levels[38]. - The company has established fully automated processes for various products, improving production efficiency and product quality stability[45]. - The company’s dual-color molding equipment allows for quick mold switching, enhancing production flexibility and reducing costs[49]. - The company has integrated over 800 sets of customized AOI systems across production lines for continuous measurement and data collection, improving quality control[51]. - The company has improved its production processes through automation technology, enhancing production efficiency and product quality[69]. Financial Management and Cash Flow - The management highlighted the importance of maintaining strong cash flow, reporting a cash flow from operations of RMB 150 million, up 30% from the previous year[17]. - The company reported a net cash flow from operating activities of -¥21.49 million, a decrease of 136.64% from ¥58.66 million in the same period last year[26]. - Cash flow from investing activities was -¥206,625,746.10, a significant increase from -¥31,050,967.16 in the previous year[87]. - Cash flow from financing activities was ¥257,723,162.31, compared to -¥10,917,281.00 in the previous year, primarily due to funds raised from the initial public offering[87]. Risks and Challenges - The company has identified potential risks in the supply chain and is taking measures to mitigate these risks, including diversifying suppliers[17]. - The company faces risks related to market competition, including rapid technological upgrades and the need for timely product development[76]. - The company has established long-term stable relationships with key suppliers, but raw material price fluctuations pose a risk to profitability[77]. - The company may experience uncertainties in future sales revenue in automotive, home appliance, and optoelectronic semiconductor sectors if it fails to develop new products and clients[79]. Shareholder Commitments and Governance - The company has committed to shareholding restrictions for its major shareholders and core technical personnel, effective for 12 to 36 months from the date of listing[105]. - The company has a lock-up period of 24 months for shareholders holding more than 5% of shares, effective from April 6, 2021[109]. - The controlling shareholder Wang Bin committed to a 36-month lock-up period for shares held prior to the IPO, with an extension of 6 months if the stock price falls below the IPO price for 20 consecutive trading days within the first 6 months post-IPO[112]. - The company will ensure that any false statements in its prospectus will lead to a buyback of shares and compensation for investors[139]. - The company has established measures to ensure that any unfulfilled commitments will be publicly explained and apologized for at shareholder meetings[151].

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%[14]. - 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 in the same period last 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 at the end of the reporting period amounted to 868.95 million yuan, with net assets attributable to shareholders at 501.21 million yuan[82]. - The company's main business gross margin has declined, reflecting challenges in production technology and cost management[82]. Revenue Growth and Forecast - The company expects a revenue growth forecast of 25% for the second half of 2021, driven by new product launches and market expansion strategies[14]. - The company has launched two new product lines, which are expected to contribute an additional RMB 100 million in revenue by year-end[14]. - The company achieved a revenue of 2.4 billion RMB from the new lead frame project, with a target production capacity of 10 billion units annually[59]. Research and Development - Investment in R&D increased by 30% compared to the previous year, focusing on new technologies in electronic components[14]. - 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%, marking an increase of 55.65 percentage points[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]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[14]. - A strategic acquisition of a local competitor is under consideration to enhance production capabilities and market reach[14]. - The company is actively expanding into the automotive, home appliance, and optoelectronic semiconductor sectors, with several certifications already obtained[71]. Production and Technology - The company is currently in the product validation and small-scale production ramp-up phase for automotive electronics and semiconductor products, expecting future revenue growth[23]. - The company has successfully developed and commenced mass production of high thermal conductivity ceramic electronic circuit boards using Direct Plated Copper (DPC) technology[31]. - The company employs a "sales-driven production" model, adjusting production plans based on customer orders and inventory levels[36]. - The company has developed automated devices to enhance the efficiency of key process nodes, forming a fully automated process for various products[45]. Risks and Challenges - The management highlighted potential risks related to supply chain disruptions, which could impact future performance[14]. - The decline in profit was primarily attributed to reduced sales scale and increased unit product costs due to lower production capacity utilization[23]. - The company faces risks from intensified market competition and the need for rapid technological 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]. Shareholder Commitments and Governance - The company has committed to shareholding restrictions for major shareholders for a period of 36 months following the IPO[103]. - The controlling shareholder Wang Bin committed to a 36-month lock-up period for shares held prior to the IPO, with an extension of 6 months if the stock price falls below the IPO price for 20 consecutive trading days within the first 6 months post-IPO[109]. - The company has implemented measures to address dilution of immediate returns for shareholders[107]. - The company guarantees that its prospectus and other disclosures do not contain false records or misleading statements[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]. Environmental Compliance - The subsidiaries involved in metal surface treatment are not classified as key pollutant units, indicating a focus on environmental compliance[99]. - There are no reported administrative penalties related to environmental issues during the reporting period[99]. - The company has not reported any measures taken to reduce carbon emissions during the reporting period[101].

Financial Performance - Operating revenue for the period was CNY 13,536.9 million, a 21.37% increase from CNY 11,153.4 million in the same period last year[5] - Net profit attributable to shareholders decreased by 22.53% to CNY 868.26 million compared to CNY 1,120.79 million in the previous year[5] - Basic earnings per share decreased by 22.49% to CNY 0.0965 from CNY 0.1245 in the same period last year[7] - The company reported a significant increase in cash flow from financing activities, with a net cash inflow of 275,011,981.80 CNY in Q1 2021, compared to a net outflow of 11,129,717.07 CNY in Q1 2020[33] - The company’s total comprehensive income for Q1 2021 was 7,194,866.42 CNY, compared to 16,139,095.80 CNY in Q1 2020, a decline of about 55.4%[30] Assets and Liabilities - Total assets increased by 51.95% to CNY 93,216.34 million compared to the end of the previous year[5] - Total liabilities increased to ¥438.45 million, compared to ¥375.64 million, showing a rise of 16.7% year-over-year[20] - The total assets as of Q1 2021 were CNY 881,144,887.05, compared to CNY 566,116,305.20 in Q1 2020, indicating a 55.7% growth[24] - The total liabilities as of Q1 2021 amounted to CNY 376,403,278.64, compared to CNY 317,714,993.33 in the previous year, reflecting a 18.4% increase[24] - The total non-current assets increased by 18.66% from 300,970,400.50 RMB to 357,136,049.34 RMB[37] Shareholder Information - The company reported a total of 20 shareholders at the end of the reporting period[10] - The top shareholder, Wang Bin, holds 14.65% of the shares, totaling 13,183,740 shares[11] - The company’s total equity remained stable at 237,838,450.38 RMB, with no changes reported in the capital structure[38] Research and Development - R&D expenditure as a percentage of operating revenue increased by 55.45% to 7.99%[7] - Research and development expenses grew by 55.25% to ¥10,821,252.21 compared to ¥6,970,005.61 in the same period last year, indicating increased investment in innovation[16] - R&D expenses increased to CNY 10,821,252.21 in Q1 2021, representing a 55.5% rise from CNY 6,970,005.61 in Q1 2020[26] Cash Flow - Cash flow from operating activities was negative at CNY -338.13 million, a decrease of 111.41% compared to CNY 2,963.02 million in the previous year[5] - The net cash flow from operating activities decreased to ¥3,381,284.46 from ¥29,630,164.78, a decline of 88.61% primarily due to reduced customer payments[17] - Cash flow from operating activities showed a net outflow of 3,381,284.46 CNY in Q1 2021, compared to a net inflow of 29,630,164.78 CNY in Q1 2020[32] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 95.41 million during the period[8] - The company experienced a decrease in other income, which fell by 81.45% to ¥954,093.47 from ¥5,143,809.64, primarily due to the absence of government subsidies received in the previous year[16] - The company reported a decrease in other income, which fell to CNY 954,093.47 in Q1 2021 from CNY 5,143,809.64 in Q1 2020[26] Future Outlook - The company has not reported any significant changes in its future outlook or guidance for the upcoming periods[18] - The company implemented the new leasing standard effective January 1, 2021, impacting financial reporting[43]