苏州国芯科技股份有限公司 投资者关系活动记录表 1 证券简称：国芯科技 证券代码：688262 编号：2022-002 | --- | --- | --- | --- | --- | |------------|------------------------------------------------------------|-------------------------------------------|-------|-------| | | | | | | | | | √特定对象调研 □分析师会议 | | | | 投资者关系 | | □媒体采访 □业绩说明会 | | | | 活动类别 | □新闻发布会 | □路演活动 | | | | | | □现场参观 □其他（请文字说明其他活动内容） | | | | | 华夏基金：佟巍； | | | | | | 易方达：倪春尧； | | | | | | 博时基金：曾鹏； 嘉实基金：王宇恒； 工银瑞信基金：周智硕； | | | | | | 鹏华基金：王威； | | | | | | 中银基金：钱亚风云； | 中欧基金：王培、卢纯青、尹苓； | | | | | ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥113,167,004.39, a decrease of 9.07% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2022 was ¥35,610,876.94, an increase of 6.50% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,911,902.33, down 41.59% compared to the same period last year[6]. - Total operating revenue for the first three quarters of 2022 reached ¥322,407,545.75, a 21.8% increase from ¥264,738,696.33 in the same period of 2021[32]. - Net profit for the third quarter of 2022 was ¥96,647,643.39, compared to ¥36,612,355.11 in the same quarter of 2021, representing a 164.5% increase[38]. - The net profit for the first three quarters of 2022 was ¥82.78 million, compared to ¥12.18 million in the same period of 2021, representing a significant increase[60]. - The total profit for the first three quarters of 2022 was ¥89.15 million, significantly higher than ¥9.46 million in the same period of 2021[60]. Research and Development - R&D investment for Q3 2022 totaled ¥31,864,357.92, an increase of 58.10% year-on-year, representing 28.16% of operating revenue[6]. - Research and development expenses increased significantly to ¥89,104,494.63 in 2022, compared to ¥56,919,391.17 in 2021, marking a 56.5% rise[35]. - Research and development expenses increased to ¥62.34 million in 2022, up 83.73% from ¥33.98 million in 2021[56]. Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥60,431,535.90 for the year-to-date period, indicating increased expenditures on raw material procurement and employee compensation[10]. - The net cash flow from operating activities was -60,431,535.90, a significant decrease compared to 1,639,025.44 in the previous period, indicating a decline in operational performance[46]. - Cash inflow from operating activities for the first three quarters of 2022 totaled ¥493,793,517.34, significantly higher than ¥264,933,998.97 in 2021, indicating an increase of 86.3%[43]. - The company reported a net cash flow from operating activities of -¥127.29 million for the first three quarters of 2022, a decrease from ¥9.43 million in 2021[62]. - The total cash inflow from investment activities reached 4,221,077,317.73, a substantial increase from 16,008,105.56, primarily driven by cash recovered from investments[46]. - The net cash flow from investment activities was -858,208,581.38, worsening from -60,634,688.70, reflecting increased cash outflows for investments[46]. - The net cash flow from financing activities was -89,149,711.93, compared to -5,020,473.95 in the previous period, indicating a higher outflow related to financing[48]. - The total cash and cash equivalents at the end of the period decreased to 1,371,940,471.47 from 2,379,552,471.77, showing a significant reduction in liquidity[48]. - The cash and cash equivalents at the end of the period were ¥1.33 billion, down from ¥66.93 million at the end of the previous year[64]. Assets and Liabilities - Total assets at the end of Q3 2022 were ¥3,059,865,947.38, an increase of 2.76% from the end of the previous year[10]. - As of September 30, 2022, total assets amounted to CNY 3,059,865,947.38, an increase from CNY 2,977,711,602.83 at the end of 2021[30]. - The company's total assets amounted to 2,948,519,386.56, slightly increasing from 2,946,026,861.74, indicating stability in asset management[52]. - Total liabilities reached CNY 219,152,941.24, compared to CNY 173,646,240.08 in the previous year, marking an increase of approximately 26.2%[30]. - The total liabilities decreased to 146,267,796.97 from 166,550,567.08, reflecting improved debt management[52]. - The company's equity attributable to shareholders rose to CNY 2,840,713,006.14 from CNY 2,804,065,362.75, showing a growth of about 1.3%[30]. - The total equity increased to 2,802,251,589.59 from 2,779,476,294.66, indicating growth in shareholder value[54]. Expenses - Total operating costs for the first three quarters of 2022 were ¥278,486,953.04, up from ¥240,639,198.92 in 2021, reflecting a 15.7% increase[35]. - Cash paid to employees was 118,037,558.68, up from 77,274,339.47, suggesting increased labor costs[46]. - The cash paid for taxes was 43,439,692.29, significantly higher than 15,424,599.31, indicating a rise in tax obligations[46]. - Sales expenses increased to ¥12.89 million in 2022, up from ¥11.16 million in 2021, indicating a rise in marketing efforts[56]. - The company experienced a significant increase in other income, which rose to ¥15.01 million in 2022 from ¥3.79 million in 2021[56].

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2022, representing a year-over-year increase of 15%[2] - The company's operating revenue for the first half of 2022 reached RMB 209,240,541.36, representing a 49.16% increase compared to RMB 140,278,312.97 in the same period last year[29] - The net profit attributable to shareholders of the listed company was RMB 61,036,766.45, a significant increase of 1,823.09% from RMB 3,173,893.65 in the previous year[29] - Basic earnings per share increased to CNY 0.25, up 1,150% compared to the same period last year[30] - Net profit attributable to shareholders reached CNY 61.04 million, a growth of 1,823.09% year-on-year, driven by business expansion and government subsidies[33] - The company reported a revenue of approximately CNY 209.24 million for the first half of 2022, representing a year-on-year growth of 49.16%[96] Research and Development - Investment in R&D increased by 25% compared to the previous year, focusing on new technologies in semiconductor design[2] - The proportion of R&D investment to operating revenue was 27.36%, an increase of 1.15 percentage points year-on-year, reflecting increased personnel and material costs[33] - R&D expenses increased by 55.69% compared to the previous year, totaling approximately ¥57.24 million, attributed to increased personnel and material costs[59] - The company has applied for 7 patents during the reporting period, including 7 invention patents, and has a total of 124 valid patents as of June 30, 2022[57] - The company is focusing on the development of information security chips that support various national and international encryption algorithms, enhancing its competitive edge in the market[84] Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[2] - Future outlook includes plans for market expansion and potential mergers and acquisitions to strengthen competitive advantages[20] - The company is considering strategic acquisitions to bolster its market position, with a budget of $100 million allocated for potential deals[180] - Market expansion plans include entering three new international markets by Q3 2023, which could increase user base by 25%[179] Operational Efficiency - The company has established a robust strategy for continuous improvement in operational efficiency and cost management[20] - The management team emphasized the importance of maintaining operational efficiency, aiming for a 5% reduction in costs by the end of the fiscal year[183] - The company is focusing on talent development and organizational structure optimization to improve overall operational efficiency[115] Risks and Challenges - The company has identified key risks including supply chain disruptions and regulatory changes, which may impact future performance[5] - The reliance on a limited number of suppliers for chip manufacturing poses a risk, with the top five suppliers accounting for 53.39% of total procurement in 2021[120] - Future performance may be adversely affected by changes in international trade policies and government subsidy adjustments[123] Sustainability and Corporate Responsibility - The company emphasized its commitment to low-carbon and sustainable development practices, promoting paperless offices and resource conservation to reduce carbon emissions[161] - The company has committed to sustainability initiatives, investing $10 million in eco-friendly technologies[182] User Growth and Engagement - User data indicates a growth in active users by 20%, reaching 1 million users by the end of June 2022[2] - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter, aiming for $550 million[176] - A new marketing strategy is set to increase brand awareness, targeting a 15% increase in customer engagement[181]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2021, representing a year-over-year growth of 25%[19]. - The company's operating revenue for 2021 was CNY 407,386,798.41, representing a 56.99% increase compared to 2020[32]. - The net profit attributable to shareholders for 2021 was CNY 70,204,594.27, reflecting a growth of 53.47% year-over-year[32]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 82.13% to CNY 43,801,025.88 in 2021[32]. - The net cash flow from operating activities for 2021 was CNY 83,914,165.90, a 6.06% increase from the previous year[32]. - The company's total assets grew by 418.92% year-over-year to CNY 2,977,711,602.83 by the end of 2021[32]. - The net assets attributable to shareholders increased by 494.73% to CNY 2,804,065,362.75 at the end of 2021[32]. - Basic earnings per share for 2021 were CNY 0.39, up 56.00% from CNY 0.25 in 2020[32]. - The company achieved sales revenue of 40,738.68 million yuan in 2021, up from 25,949.31 million yuan in 2020, representing a year-over-year growth of approximately 57.5%[126]. - The net profit for 2021 was 7,020.46 million yuan, an increase from 4,574.46 million yuan in 2020, indicating a growth of approximately 53.4%[126]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 2.50 CNY per 10 shares, totaling 60,000,000 CNY, which accounts for 85.46% of the net profit attributable to shareholders[7]. - The board of directors has approved the profit distribution plan, pending approval from the annual general meeting[7]. Audit and Compliance - The company has received a standard unqualified audit report from the accounting firm Tianye[6]. - There are no non-operating fund occupations by controlling shareholders or related parties[8]. - The company has not violated any decision-making procedures for external guarantees[10]. - The company has confirmed that all directors attended the board meeting[6]. - The company is committed to complying with regulatory requirements and improving corporate governance to protect investor rights[185]. Research and Development - The company is investing RMB 200 million in R&D for new semiconductor technologies in 2022[22]. - The R&D expenditure as a percentage of operating revenue decreased by 10.38 percentage points to 21.96% in 2021[32]. - The company has filed 11 patents in 2021, with a total of 175 applications and 118 granted patents as of December 31, 2021[97]. - Total R&D investment for the year was approximately ¥89.47 million, representing a 6.61% increase from the previous year, with R&D expenses accounting for 21.96% of operating revenue[99]. - The company has increased its R&D personnel to 158, representing 57.9% of the total workforce, up from 54.88% in the previous year[111]. Market and Product Development - The company expects a revenue growth of 30% for the upcoming fiscal year, projecting total revenue to reach RMB 1.56 billion[22]. - New product launches are anticipated to contribute an additional RMB 300 million in revenue in 2022[22]. - The company aims to address the domestic "chip shortage" in the automotive industry by actively developing automotive electronic chips[58]. - The company is actively pursuing customized chip design services in key national demand areas, focusing on domestic substitution and new client acquisition[46]. - The company has established strategic partnerships with major clients in the automotive electronics sector, enhancing its market presence and product recognition[49]. Risks and Challenges - The company has detailed potential risks in the annual report, which can be found in the management discussion and analysis section[5]. - The company’s reliance on government subsidies accounted for 7.56% of total revenue and 43.84% of total profit in the reporting period, highlighting potential risks if subsidy policies change[130]. - The company is facing competitive risks from ARM and emerging RISC-V architecture, which may impact its market share and operational performance[124]. - The company faced risks related to R&D failures, including potential impacts on product development and delivery timelines[133]. - The company is exposed to risks from rapid technological changes and the need to meet evolving customer demands in the integrated circuit industry[134]. Supply Chain and Procurement - The company’s supply chain is concentrated, with the top five suppliers accounting for 53.39% of total purchases in 2021, indicating a risk if any supplier faces disruptions[128]. - The company's top five customers accounted for 47.84% of total sales, with no related party transactions reported[154]. - The top five suppliers contributed to 53.39% of total procurement, with no related party transactions reported[155]. Strategic Goals and Future Plans - The company aims to become a competitive player in the embedded CPU field, focusing on key application areas such as information security, automotive electronics, industrial control, edge computing, and network communication[176]. - The company plans to leverage its advantages in self-controlled embedded CPU technology and SoC chip design platform technology to continuously launch a series of high-end self-developed chips and module products[176]. - In 2022, the company will focus on the domestic CPU replacement opportunity, emphasizing the development of embedded CPU IP licensing and custom chip design services in key areas[179]. - The company will strengthen brand building and expand new markets and customers, enhancing customer loyalty and maintaining a good brand image[180]. - The company will actively engage in collaboration with leading technology firms to enhance product quality and industry position[181].

Financial Performance - The company's operating revenue for Q1 2022 was ¥49,806,002.11, representing a 90.37% increase compared to the same period last year[7] - The net profit attributable to shareholders was ¥307,363.15, a significant turnaround from a net loss of ¥17,205,428.92 in Q1 2021, marking an increase of ¥17,513,791.07[10] - The company experienced a 73.26% increase in operating profit, driven by the growth in sales revenue[16] - The company reported a significant increase in investment income, up 498.99%, primarily due to increased interest income of ¥7,900,000[16] - The company reported a significant increase in cash received from other operating activities, totaling 15,679,582.69 RMB, compared to 7,648,027.21 RMB previously[43] - The company's revenue for Q1 2022 reached ¥29,307,396.37, a significant increase of 162.5% compared to ¥11,157,736.35 in Q1 2021[50] - Net profit for Q1 2022 was ¥2,324,767.78, recovering from a net loss of -¥15,646,280.07 in Q1 2021[54] Cash Flow and Liquidity - The net cash flow from operating activities was -¥81,686,461.19, reflecting a decrease of 160.68% compared to the previous year[7] - The cash and cash equivalents decreased by 2,695.21% primarily due to payments for goods, purchase of financial products, and debt repayment[16] - The company's cash and cash equivalents as of March 31, 2022, amount to RMB 1,265,553,375.07, a decrease from RMB 2,380,152,471.77 at the end of 2021[27] - The total cash inflow from investment activities was 807,905,018.40 RMB, while cash outflow was 1,812,749,494.08 RMB, resulting in a net cash flow from investment activities of -1,004,844,475.68 RMB[43] - Cash flow from operating activities showed a net outflow of -¥73,979,300.78 in Q1 2022, compared to -¥23,816,088.75 in Q1 2021[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,931,074,644.71, a decrease of 1.57% from the end of the previous year[10] - The total liabilities decreased by 27.03% due to the repayment of bank loans amounting to ¥25,000,000[16] - The total current liabilities decreased to RMB 106,453,135.60 from RMB 150,388,710.22 in the previous year[31] - The total liabilities decreased from ¥166,550,567.08 in the previous period to ¥131,443,976.06[50] - The company reported a total liability of CNY 126,701,918.81 as of the end of the reporting period[37] Research and Development - Research and development expenses totaled ¥22,181,918.17, accounting for 44.54% of operating revenue, a decrease of 27.59 percentage points year-on-year[10] - Research and development expenses increased to CNY 22,181,918.17 in Q1 2022, compared to CNY 18,870,804.65 in Q1 2021, reflecting a 17.3% rise[37] - Research and development expenses increased to ¥15,261,223.40 in Q1 2022, up from ¥11,939,312.98 in Q1 2021, reflecting a focus on innovation[50] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,886[21] - The largest shareholder, Ningbo Qiyue Equity Investment Fund, holds 24,081,840 shares, representing 10.03% of total shares[21] - The company’s total equity attributable to shareholders was CNY 2,804,372,725.90, showing stability compared to CNY 2,804,065,362.75 in the previous year[37] - The total equity increased slightly from ¥2,779,476,294.66 to ¥2,781,801,062.44, indicating stability in shareholder value[50] Tax and Expenses - The company's tax expenses for Q1 2022 were CNY 184,741.62, up from CNY 31,518.40 in Q1 2021, marking a 486.5% increase[37] - Cash paid to employees was 49,417,238.55 RMB, up from 30,690,131.52 RMB, reflecting increased labor costs[43] - The company’s financial expenses were relatively stable, with a slight decrease from ¥207,225.01 in Q1 2021 to ¥204,795.35 in Q1 2022[54]