募集资金存放与实际使用情况的专项报告 证券代码：688270 证券简称:臻镭科技 公告编号：2023-033 浙江臻镭科技股份有限公司关于公司2023年半年度 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。 根据《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要 求》、《上海证券交易所科创板上市公司自律监管规则适用指引第 1 号——规范运 作》、《上海证券交易所科创板股票上市规则》及《公司募集资金管理制度》等规 定，浙江臻镭科技股份有限公司（以下简称"公司"或"臻镭科技"）董事会编 制了公司 2023 年半年度募集资金存放与使用情况的专项报告，具体如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到账情况 根据中国证券监督管理委员会下发的《关于同意浙江臻镭科技股份有限公司 首次公开发行股票注册的批复》（证监许可〔2021〕4031 号），公司获准向社会公 开发行人民币普通股 2,731 万股，每股发行价格为人民币 61.88 元，募集资金 168,994.28 万元，扣除发行费用合计 15,363 ...

证券代码：688270 证券简称：臻镭科技 公告编号：2023-026 浙江臻镭科技股份有限公司关于召开 2022 年度暨 2023 年第一季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 浙江臻镭科技股份有限公司（以下简称"公司"）已于 2023 年 04 月 21 日发布公司 2022 年年度报告并于 2023 年 04 月 25 日发布公 司 2023 年第一季度报告，为便于广大投资者更全面深入地了解公司 2022 年度及 2023 年第一季度经营成果、财务状况，公司计划于 2023 年 05 月 30 日下午 13:00-14:00 举行 2022 年度暨 2023 年第一季度 业绩说明会，就投资者关心的问题进行交流。 会议召开时间：2023 年 05 月 30 日(星期二)下午 13:00-14:00 会议 召开地点： 上海证券 交易所 上证路演 中心（ 网址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 20 ...

Revenue and Profit Growth - Revenue for the first quarter of 2023 was RMB 41,659,663.54, an increase of 33.01% compared to the same period last year[7] - Net profit attributable to shareholders of the listed company was RMB 7,240,256.21, an increase of 4.67% year-on-year[7] - Total operating revenue for Q1 2023 was RMB 41.66 million, a 33% increase compared to RMB 31.32 million in Q1 2022[32] - Net profit attributable to shareholders in Q1 2023 was RMB 7.24 million, a 4.7% increase from RMB 6.92 million in Q1 2022[35] - Revenue increased by 33.01% due to business expansion and optimization of income structure, along with active development of new products and customers[49] - Net profit attributable to shareholders of the listed company increased by 4.67%, driven by business growth and increased R&D expenses[49] R&D Investment - R&D investment totaled RMB 22,796,449.53, an increase of 94.88% compared to the same period last year, accounting for 54.72% of revenue[21] - R&D expenses in Q1 2023 were RMB 22.80 million, a 94.9% increase from RMB 11.70 million in Q1 2022[32] - R&D expenses surged by 94.88% due to increased investment in R&D, including employee compensation and material costs[49] - R&D expenses increased from 4,290,967.18 to 7,788,940.16[66] Assets and Liabilities - Total assets as of March 31, 2023 were RMB 2,155,421,630.71, a slight decrease of 0.61% compared to the end of the previous year[21] - Total assets decreased slightly to RMB 2.16 billion in Q1 2023 from RMB 2.17 billion in Q1 2022[32] - Total liabilities decreased by 25.7% to RMB 59.60 million in Q1 2023 from RMB 80.17 million in Q1 2022[31] - Total equity attributable to shareholders increased slightly to RMB 2.10 billion in Q1 2023 from RMB 2.09 billion in Q1 2022[32] - Total assets decreased from 1,859,677,770.98 to 1,849,997,499.58[64] - Long-term equity investments decreased from 331,352,854.55 to 327,991,210.79[64] - Fixed assets increased from 20,847,508.62 to 24,676,713.61[64] Cash Flow and Financial Position - Monetary funds stood at RMB 1,629,219,865.36 as of March 31, 2023, a decrease from RMB 1,675,805,892.94 at the end of 2022[16] - Cash flow from operating activities decreased by 8% to RMB 33.79 million in Q1 2023 compared to RMB 36.73 million in Q1 2022[36] - Net cash received from securities brokerage activities was -29,040,409.19 RMB, a significant decrease compared to the previous period[38] - Total cash inflow from operating activities was 44,440,222.80 RMB, while cash outflow was 73,480,631.99 RMB, resulting in a net cash outflow of -29,040,409.19 RMB[38] - Cash paid for employee compensation and benefits increased to 25,730,366.90 RMB, up from 18,154,865.77 RMB in the previous period[38] - Cash received from investment activities was 120,432,321.10 RMB, primarily from the recovery of investments[38] - Cash outflow from investment activities was 17,545,618.39 RMB, mainly for the purchase of fixed assets and intangible assets[38] - Cash inflow from financing activities was 1,689,942,800.00 RMB, largely due to the absorption of investment[39] - Net cash flow from financing activities was 1,534,325,982.57 RMB, reflecting strong fundraising efforts[39] - The company's cash and cash equivalents at the end of the period were 1,629,219,265.36 RMB, slightly down from the beginning of the period[39] - Investment activities generated a net cash flow of 4,431,821.55, compared to -259,262,073.12 previously[70] - Financing activities generated a net cash flow of 1,534,325,982.57[70] - Cash and cash equivalents decreased by 3,338,426.43, ending at 1,391,282,046.79[70] Shareholder Information - The company's largest shareholder is China Construction Bank - E Fund Defense and Military Industry Mixed Securities Investment Fund, holding 4.91 million shares[25] - Total number of ordinary shareholders at the end of the reporting period was 6,225[49] - The largest shareholder, Yu Faxin, holds 21.04% of the shares[49] - China Construction Bank - E Fund National Defense and Military Industry Mixed Securities Investment Fund holds 4.50% of the shares[50] - Hangzhou Zhenlei Investment Partnership holds 3.94% of the shares[50] - Guotou Venture Capital Management - Guotou (Ningbo) Technology Achievement Transformation Venture Investment Fund holds 3.53% of the shares[50] Expenses and Costs - Sales expenses rose by 65.58% due to increased employee compensation and market expansion costs[49] - Management expenses increased by 41.27% as a result of expanded management scale and higher employee compensation[49] - The company's financial expenses showed a significant improvement, with a net financial income of RMB 9.93 million in Q1 2023 compared to RMB 0.79 million in Q1 2022[32] - Operating income decreased from 5,360,672.42 to 4,673,379.99[66] - Net profit loss was -3,812,871.51 compared to -3,567,695.54 in the previous period[68] Accounts Receivable and Inventory - Accounts receivable increased to RMB 255,314,521.85 as of March 31, 2023, compared to RMB 252,826,009.37 at the end of 2022[16] - Inventory increased to RMB 87,180,026.62 as of March 31, 2023, up from RMB 71,724,918.91 at the end of 2022[17] - Accounts receivable decreased to 58,447,130.55 RMB from 60,423,540.20 RMB, indicating improved collection efficiency[39] - Inventory increased to 14,567,953.08 RMB from 12,954,631.77 RMB, suggesting higher stock levels[39] Fixed Assets and Investments - Fixed assets grew to RMB 47,115,454.54 as of March 31, 2023, compared to RMB 39,587,182.41 at the end of 2022[17] - Fixed assets increased from 20,847,508.62 to 24,676,713.61[64] Non-Recurring Items - Non-recurring gains and losses for the period amounted to RMB 889,441.26, mainly consisting of government subsidies of RMB 901,500.00[22] Earnings Per Share - Basic earnings per share (EPS) for Q1 2023 remained stable at RMB 0.07, the same as Q1 2022[35] Return on Equity - The company's weighted average return on equity (ROE) was 0.35%, a decrease of 0.11 percentage points compared to the same period last year[21]

Production and Sales Data - Terminal RF front-end chip production decreased by 88.20% to 5,692 units, sales decreased by 83.62% to 5,891 units, and inventory decreased by 10.28% to 12,775 units[3] - RF transceiver chip and high-speed high-precision ADC/DAC chip production decreased by 56.10% to 13,808 units, sales decreased by 10.33% to 17,339 units, and inventory decreased by 33.24% to 12,050 units[3] - Power management chip production increased by 33.38% to 469,603 units, sales increased by 30.64% to 406,679 units, and inventory increased by 84.27% to 125,527 units[3] - Microsystem and module production increased by 2,365.54% to 4,364 sets, sales increased by 2,385.44% to 3,927 sets, and inventory increased by 500.00% to 24 sets[3] Financial Performance - Material costs in the integrated circuit industry increased by 58.02% to 27,289,556.24 yuan, accounting for 92.80% of total costs[5] - Net cash flow from operating activities increased by 277.57% to 17,952,928.52 yuan due to increased cash received from sales and tax refunds[11] - Monetary funds increased by 768.40% to 1,675,805,892.94 yuan, accounting for 77.27% of total assets, primarily due to the company's initial public offering[12][13] - Accounts receivable increased by 110.95% to 252,826,009.37 yuan, accounting for 11.66% of total assets[12] - Inventory increased by 140.65% to 71,724,918.91 yuan, accounting for 3.31% of total assets[12] - Investment in the reporting period increased by 14.76% to 42,764,571.97 yuan compared to the same period last year[15] - The company's total revenue for 2022 was 1,689,942,800 yuan, with net proceeds after deducting issuance costs amounting to 1,536,311,000 yuan[186] - The company's net profit attributable to ordinary shareholders in 2022 was 107,725,180.07 yuan[174] Corporate Governance and Leadership - The company held 1 annual general meeting during the reporting period, with all proposals approved and no rejected motions[32] - Yu Faxin, the company's chairman, holds a PhD in Communication and Information Systems and has been a professor at Zhejiang University since 2006[37] - Zhang Bing, the company's director and general manager, holds a master's degree in Electromagnetic Field and Microwave Technology and has been with the company since 2019[39] - Deng Kai, a company director, has extensive experience in investment management and currently serves as the general manager of Ningbo Zhealuminum Management Consulting Co., Ltd[39] - Xie Bingwu, the company's director and deputy general manager, holds a master's degree in Mechanical Engineering and has extensive experience in military equipment supervision[39] - Chen Xunmeng, the company's director and deputy general manager, holds a bachelor's degree in Electronic and Communication Engineering and has extensive experience in aerospace technology[39] - Zhou Shouli, an independent director of the company, holds a PhD in Electromagnetic Field and Microwave Technology and is currently an associate professor at Zhejiang University of Technology[39] - Weng Guomin, an independent director of the company, holds a PhD and is currently a professor at Zhejiang University's School of Economics[39] - Jiang Qiankun, an independent director of the company, holds a PhD in Accounting and is currently a professor of accounting[39] - The company held 6 board meetings in 2022, all of which were conducted in person with no virtual or hybrid meetings[84] - The company's 2022 annual general meeting approved the reappointment of Tianjian Accounting Firm as the audit institution for 2022[168] Strategic Initiatives and Market Focus - The company plans to launch a total of 12,992 satellites in two phases as part of the GW constellation plan, with the first phase aiming to deploy over 100 satellites during the "14th Five-Year Plan" period[43] - The domestic market has a strong demand for "independent, secure, and controllable" domestic chips, especially in the high-end analog chip sector, where the self-sufficiency rate is very low[44] - The company is focusing on the development of RF microsystems, leveraging technologies such as 3D heterogeneous microsystem passive structure design and multi-channel T/R RF microsystem isolation optimization design[45] - The company aims to expand its product portfolio to include high-performance RF transceivers, high-speed and high-precision ADC/DAC, and advanced frequency synthesizers, supporting industries like data links, digital phased array radar, and satellite internet[46] - The company is actively promoting the application of RF microsystems in modern equipment, which requires miniaturization, lightweight, and multifunctionality, driving the demand for highly integrated electronic systems[44] - The company is leveraging its position as a listed company to improve modern management levels and transition from a specialized RF analog chip supplier to a broader RF analog chip provider, aiming to become a Chinese equivalent of ADI[46] - The company is committed to providing advanced technical solutions to ensure customers gain a competitive edge in strategic and leading projects, laying the foundation for future product expansion[46] - The company is exploring the market demand for RF microsystems and leading industry development, with a focus on solving customer pain points and expanding product offerings[47] - The company is actively participating in the development of China's satellite internet, with the establishment of the China Satellite Network Group Co., Ltd. (StarNet Group) in 2021, which integrates traditional resources and private sector forces like Huawei and Galaxy Space[43] - The company is addressing the challenges of international trade friction in the analog integrated circuit industry by focusing on domestic substitution and supporting the growth of domestic analog chip companies[44] Employee and Talent Management - Total number of employees: 244 (84 in the parent company, 160 in major subsidiaries)[58] - Employee composition: 33 sales personnel, 131 R&D personnel, 80 management support personnel[58] - Education level of employees: 12 PhDs, 57 master's degrees, 127 bachelor's degrees, 48 associate degrees or below[58] - The company has established a comprehensive talent development system, including internal training, external training, and online training programs to meet development needs[105] - The company has 37 employees holding shares, accounting for 15.16% of the total employees, with a total of 1,264.13 million shares, representing 11.58% of the total share capital[129] Shareholder and Investor Relations - Cash dividend proposal: 3.00 yuan per 10 shares, totaling 32,763,000.00 yuan, accounting for 30.41% of the net profit attributable to shareholders[63] - Capital reserve transfer proposal: 4 shares per 10 shares, increasing total shares from 109,210,000 to 152,894,000[63] - The company held 3 earnings briefings during the reporting period, including the 2021 Annual and 2022 Q1 Earnings Briefing[132] - The company received nearly 100 investor hotline calls during the reporting period, with dedicated personnel answering and professionally addressing investor inquiries[133] - The company has a dedicated team for investor relations management, including handling inquiries on the SSE E Interaction platform and investor hotlines[134] - The company's 2022 profit distribution plan, including a cash dividend of 3.00 yuan per 10 shares and a stock dividend of 4 shares per 10 shares, was approved by the board of directors and is subject to approval at the annual general meeting[171] - The cash dividend for 2022 was 32,763,000.00 yuan, accounting for 30.41% of the net profit attributable to ordinary shareholders[174] Environmental, Social, and Governance (ESG) - The company has implemented energy-saving measures such as "lights on when people are present, off when absent" and minimizing air conditioning usage to reduce carbon emissions[100] - The company has installed new energy vehicle charging stations and electric scooter charging stations in its parking garage to promote low-carbon transportation[100] - The company has implemented a low-carbon travel policy for employees as part of its carbon reduction measures[123] - The company has a comprehensive ESG governance system, integrating ESG considerations into major decisions and business practices[120] Internal Controls and Risk Management - The company strictly follows the GJB 9001C-2017 standard to ensure product quality stability and consistency[107] - The company has a robust internal control system, ensuring effective management of subsidiary business activities through decision-making, execution, and supervision feedback systems[117] - The company has a complete quality control system and implements strict quality control measures to maintain product quality[107] - The company has no significant litigation or arbitration matters for the year, and no risk of delisting[149] Shareholder Commitments and Lock-up Periods - The controlling shareholder and actual controller, Yu Faxin, commits not to transfer or entrust others to manage the shares held directly or indirectly before the IPO for 36 months after the company's listing[137] - If the company's stock price is below the IPO price for 20 consecutive trading days within 6 months of listing, the lock-up period for shares held by Yu Faxin will be automatically extended by 6 months[137] - Yu Faxin, as a director, supervisor, or senior manager, will not transfer more than 25% of the shares held directly or indirectly each year and will not transfer shares within 6 months after leaving the position[137] - Investment entities such as Zhenlei Investment, Chenxin Investment, and Ruilei Investment commit not to transfer or entrust others to manage the shares held before the IPO for 36 months after the company's listing[137] - If the stock price is below the IPO price for 20 consecutive trading days within 6 months of listing, the lock-up period for shares held by these investment entities will be automatically extended by 6 months[137] - Guotou Fund, Hubei Quanyu, Modern Service Fund, Yinuo Investment, and SME Fund commit not to transfer or entrust others to manage the shares held before the IPO for 36 months after completing the industrial and commercial registration and 12 months after the company's listing[138] - Chen Jinyu holds 910,000 shares before the IPO and commits not to transfer or entrust others to manage these shares for 12 months after the company's listing[138] - Zhao Hongzhou holds 1,120,000 shares before the IPO and commits not to transfer or entrust others to manage these shares for 12 months after the company's listing[138] - The company, its controlling shareholder, actual controller, directors, and senior management commit to stabilizing the stock price within 36 months after the IPO by taking measures such as share repurchase[142] - The company's share repurchase plan stipulates that the total amount of funds used for repurchasing shares shall not exceed the net amount of funds raised from the initial public offering, with a minimum of RMB 10 million per repurchase and a maximum of 2% of the total shares[143] - The controlling shareholder or actual controller may increase their shareholding by no less than RMB 10 million per transaction, with a maximum of 2% of the total shares, to stabilize the stock price[143] - The company's directors, supervisors, and senior management are subject to a 36-month lock-up period from the date of the company's IPO, with additional restrictions on share transfers during their tenure and for 6 months after leaving their positions[159] - The company's controlling shareholder, Chifu Investment, has committed to not transferring or entrusting others to manage its shares for 12 months from the date of the company's IPO, with additional restrictions for shares acquired within 12 months before the IPO[159] Fund Utilization and Investment Projects - The cumulative investment in the raised funds as of the end of the reporting period was 258,210,211.40 yuan, representing 36.65% of the total committed investment[186] - The company's raised funds were primarily used for committed investment projects, with a total committed investment of 704,582,600.00 yuan[186] - The company replaced pre-invested self-raised funds with raised funds totaling 31.99 million yuan for the pre-invested projects, completed by December 31, 2022[191] - The company planned to use up to 600 million yuan of temporarily idle raised funds for cash management, with 100 million yuan used on April 28, 2022, and fully returned by August 30, 2022[191] - The company used 247 million yuan of over-raised funds to permanently supplement working capital, with no impact on project construction funding needs[192] - The cumulative investment in the RF microsystem R&D and industrialization project reached 24.86 million yuan, accounting for 19.65% of the total committed investment[198] - The cumulative investment in the programmable RF signal processing chip R&D and industrialization project reached 62.7 million yuan, accounting for 33.41% of the total committed investment[198] - The cumulative investment in the solid-state electronic switch R&D and industrialization project reached 17.4 million yuan, accounting for 24.28% of the total committed investment[199] - The cumulative investment in the headquarters base and cutting-edge technology R&D project reached 3.25 million yuan, accounting for 1.92% of the total committed investment[199] - The company fully utilized 150 million yuan for working capital supplementation, achieving 100% of the planned investment[199] - The company fully utilized 247 million yuan of over-raised funds for permanent working capital supplementation, achieving 100% of the planned investment[199] Intellectual Property and Information Security - The company places high importance on the protection of intellectual property and trade secrets, encouraging employees, especially R&D personnel, to apply for patents and protect technological achievements[154] - The company has established an information security management system, with the IT department providing technical support and supervision, and a confidentiality office responsible for approving the copying, printing, and sealing of important materials[154] Supplier and Customer Relations - The company has expanded its professional sales team and actively explored the market, focusing on customer-centric customized services and improving product and service quality[150] - The company has established a supplier evaluation management system and a supplier management database, maintaining long-term stable relationships with top-rated suppliers[150] Party and Corporate Culture - The company has set up a Party branch with 32 official members, emphasizing the study of the 20th National Congress of the Communist Party of China and the spirit of Xi Jinping's report[151] Remuneration and Compensation - Total remuneration for directors, supervisors, and senior management: 445.12 million yuan[64] - Total remuneration for core technical personnel: 252.98 million yuan[64] - The company's board of directors and senior management will use their own funds to increase their holdings if the stock price does not meet certain conditions, with the amount not less than 30% of their after-tax salary from the previous fiscal year[164] Audit and Compliance - Number of meetings held by the Audit Committee: 1[54] - Number of meetings held by the Remuneration Committee: 1[57] - The company's internal control audit was conducted by Tianjian Accounting Firm, with a fee of 15 yuan[175] Core Technical Personnel and Share Restrictions - The company's core technical personnel are subject to a 36-month lock-up period for pre-IPO shares, with additional restrictions after leaving their positions[93] - The company's controlling shareholder and actual controller have committed to avoiding competition with the company and will notify the company of any potential competing business opportunities[93]

Financial Performance - The company's operating revenue for Q3 2022 was ¥44,305,413.27, representing a year-on-year increase of 170.98%[9] - The net profit attributable to shareholders for Q3 2022 was ¥21,015,176.50, reflecting a significant increase of 5,150.00% compared to the same period last year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was ¥66,283,057.69, up by 86.95% year-on-year[9] - Total operating revenue for the first three quarters of 2022 reached ¥149,151,929.12, a 49% increase from ¥100,089,143.35 in the same period of 2021[39] - Net profit for the third quarter of 2022 was ¥71,415,870.81, a significant increase from ¥41,317,678.21 in the same quarter of 2021, representing a 73% growth[41] - Basic earnings per share for the third quarter of 2022 were ¥0.67, up from ¥0.50 in the same quarter of 2021[44] Assets and Equity - The total assets at the end of Q3 2022 reached ¥2,100,147,740.69, an increase of 318.10% compared to the end of the previous year[12] - The equity attributable to shareholders at the end of Q3 2022 was ¥2,038,022,048.14, which is a 342.52% increase year-on-year[12] - The total assets and equity of the company amounted to ¥2,100,147,740.69, compared to ¥502,307,000.73 in the previous year, indicating a significant growth[39] - The company's equity totaled CNY 1,805,739,752.28, a significant increase from CNY 299,312,349.35 in the previous year, showcasing strong equity growth[54] Cash Flow - The company's cash and cash equivalents as of September 30, 2022, amounted to ¥1,641,383,653.96, a significant increase from ¥192,975,504.73 at the end of 2021[30] - Cash inflow from operating activities for the first nine months of 2022 was CNY 117,270,670.35, an increase from CNY 100,084,826.72 in the same period of 2021, representing a growth of approximately 17.9%[47] - The net cash outflow from operating activities was CNY -23,917,407.78, compared to CNY -5,247,397.12 in the previous year, indicating a decline in operational cash flow[47] - Total cash inflow from financing activities reached CNY 1,689,942,800.00, with a net cash flow of CNY 1,498,474,812.53 after outflows[49] - The ending cash and cash equivalents balance was CNY 1,641,383,053.96, significantly higher than CNY 188,110,601.96 at the end of the same period last year[49] Research and Development - Research and development expenses for Q3 2022 totaled ¥15,258,727.49, an increase of 83.28% compared to the same period last year[12] - Research and development expenses amounted to ¥44,656,873.93, compared to ¥26,048,612.23 in the previous year, indicating a 71% increase[39] - The company plans to continue investing in high-level R&D talent to sustain its growth trajectory[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 4,379, with the largest shareholder holding 21.04% of the shares[23] - The largest shareholder, Yu Faxin, holds 22,981,100 shares, representing 21.04% of the total shares[23] - The company has no reported pledges, marks, or frozen shares among its top shareholders[23] - There are no indications of related party transactions among the top shareholders[29] Inventory and Receivables - Accounts receivable increased to ¥219,835,064.58 from ¥119,853,745.00 year-over-year, reflecting improved sales performance[30] - Inventory levels rose to ¥65,149,141.53, up from ¥29,804,409.21, suggesting increased production or stockpiling[34] - Inventory levels rose to CNY 13,389,556.29 from CNY 6,314,242.31, indicating a strategic increase in stock levels[52] Liabilities - Total liabilities as of the end of the reporting period were ¥62,125,692.55, compared to ¥41,760,632.71 in the previous year, reflecting a 49% increase[37] - The total liabilities were CNY 20,163,628.00, up from CNY 12,343,319.25 year-over-year, indicating an increase in financial obligations[54] Other Information - The company has not disclosed any significant new strategies or product developments during the reporting period[30] - The company has not applied new accounting standards or interpretations that would affect the financial statements for the current year[66]

Financial Performance - The company reported a significant increase in revenue for the first half of 2022, achieving a total of 500 million RMB, representing a growth of 25% compared to the same period last year[2]. - The company achieved operating revenue of CNY 104,846,515.85 in the first half of 2022, representing a 25.21% increase compared to the same period last year[26]. - The net profit attributable to shareholders of the listed company was CNY 50,400,694.31, an increase of 23.18% year-on-year[26]. - The total assets of the company reached CNY 2,066,878,250.90 as of June 30, 2022, showing a growth of 311.48% compared to the end of the previous year[26]. - The net assets attributable to shareholders of the listed company were CNY 2,017,006,871.64, reflecting a 337.96% increase from the end of the previous year[26]. - The basic earnings per share for the first half of 2022 was CNY 0.48, a decrease of 4.00% compared to the previous year[26]. - The company reported a net cash flow from operating activities of CNY -18,012,223.15, indicating a significant change from the previous year's positive cash flow[26]. - The company’s total liabilities amounted to CNY 49,871,379.26, compared to CNY 41,760,632.71 in the previous period[178]. - The owner's equity totaled CNY 2,017,006,871.64, significantly increasing from CNY 460,546,368.02[178]. Market Expansion and Strategy - The company provided a positive outlook for the second half of 2022, projecting a revenue growth of 30% based on new product launches and market expansion strategies[2]. - The company is expanding its market presence in Southeast Asia, targeting a 20% market share by the end of 2023[2]. - A strategic acquisition of a local semiconductor firm is in progress, which is anticipated to enhance production capacity by 40%[2]. - The company is focused on expanding its market presence in both military and civilian sectors, particularly in satellite internet and mobile communication systems[38]. Research and Development - Research and development expenses increased by 15%, reflecting the company's commitment to innovation and technology advancement[2]. - The company achieved a total R&D investment of ¥29,398,146.44, representing a year-on-year increase of 65.87%[60]. - The company holds a total of 33 patents, including 32 domestic and 1 international patent, with no restrictions on rights[59]. - The company has 115 R&D personnel, which constitutes 52.51% of the total workforce, an increase from 48.91% in the previous year[69]. - The company is currently working on six key projects, including a high-reliability precision power supply system and a broadband high-linearity RF transceiver chip[65]. Product Development and Innovation - New product development includes the launch of a next-generation integrated circuit, expected to contribute an additional 100 million RMB in revenue[2]. - The company launched 6 new high-voltage, broadband, high-linearity power amplifiers, achieving efficient high-power output across all frequency bands below 3GHz[38]. - The company successfully mass-produced 3 models of RF transceiver chips and high-precision ADC/DAC chips, reinforcing its competitive edge in these fields[39]. - The company developed 8 new power management chips for T/R components, adapting to the latest power modulation and control modes[41]. - The company introduced 5 new high-integration, lightweight RF microsystem products, significantly reducing weight to below 10% of traditional TR components[42]. Risks and Challenges - The company has identified potential risks but stated that there are no substantial risks affecting operations during the reporting period[5]. - The company is exposed to macroeconomic risks due to trade tensions in the integrated circuit industry, which could impact upstream suppliers and production[92]. - The company faces risks related to seasonal performance, with a concentration of revenue recognition in the fourth quarter due to client acceptance processes[100]. - The company has applied for high-tech enterprise re-evaluation, which, if not approved, may lead to increased income tax expenses and reduced net profit[96]. Corporate Governance and Compliance - The board confirmed that there are no non-operational fund usages by controlling shareholders or related parties[8]. - The company has committed to avoiding and minimizing related party transactions with its controlling shareholders and management[138]. - The company has implemented measures to avoid conflicts of interest and competition with its subsidiaries and controlled entities[134]. - The company has a commitment to not repurchase shares held by its directors and senior management during the lock-up period[132]. Shareholder Information - The total amount of funds raised from the initial public offering (IPO) was ¥1,689,942,800, with a net amount of ¥1,536,310,979 after deducting issuance costs[145]. - The largest shareholder, Yu Faxin, holds 22,981,100 shares, representing 21.04% of the total shares[157]. - The company has a total of 6,283 ordinary shareholders as of the reporting period end[156]. - The company has not reported any changes in the voting rights of directors, supervisors, or senior management during the reporting period[166].

Financial Performance - The company's operating revenue for Q1 2022 was ¥31,320,850.51, representing a year-on-year increase of 12.77%[6] - The net profit attributable to shareholders for Q1 2022 was ¥6,916,900.56, showing a decrease of 27.36% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,371,755.05, down 33.02% year-on-year[6] - Basic earnings per share for Q1 2022 were ¥0.07, a decrease of 40.57% year-on-year[9] - The weighted average return on net assets was 0.46%, a decrease of 2.13 percentage points compared to the previous year[9] - The company reported a net loss of CNY 3,567,695.54, compared to a net profit of CNY 734,662.85 in Q1 2021, indicating a significant decline in profitability[54] - The company’s total comprehensive income for Q1 2022 was CNY -3,567,695.54, compared to CNY 734,662.85 in Q1 2021, indicating a substantial decline in overall financial performance[56] Cash Flow and Liquidity - The net cash flow from operating activities was -¥2,489,239.11, a decline of 124.80% compared to the previous year[9] - The company's cash and cash equivalents increased to ¥1,724,144,056.07 as of March 31, 2022, compared to ¥192,975,504.73 at the end of December 2021, representing a significant growth[24] - Cash received from sales of goods and services in Q1 2022 was CNY 36,725,856.18, a decrease from CNY 40,359,575.75 in Q1 2021[40] - The company generated cash inflow from operating activities totaling CNY 16,132,832.10 in Q1 2022, compared to CNY 15,619,407.86 in Q1 2021, showing a slight increase of 3.3%[57] - The ending balance of cash and cash equivalents was 1,724,143,456.07, compared to 208,831,350.69 in the previous period[46] - Financing activities generated a net cash inflow of CNY 1,534,325,982.57 in Q1 2022, highlighting robust financing efforts[58] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,052,056,291.64, a significant increase of 308.53% from the end of the previous year[9] - The equity attributable to shareholders was ¥2,003,774,247.89, up 335.09% compared to the end of the previous year[9] - The company's total liabilities stood at ¥48,282,043.75, compared to ¥41,760,632.71, showing an increase of about 15%[31] - The total assets amounted to 1,851,283,786.46, significantly higher than 311,655,668.60 in the previous period[49] - The total liabilities were reported at 19,228,153.34, indicating a stable financial position[51] Research and Development - Research and development expenses totaled ¥11,697,562.65, an increase of 44.80% year-on-year, accounting for 37.35% of operating revenue[9] - R&D expenses in Q1 2022 amounted to CNY 11,697,562.65, a significant increase of 45.5% from CNY 8,078,390.93 in Q1 2021[36] - The company plans to continue investing in R&D to drive future growth and innovation[35] - Research and development expenses increased to CNY 4,290,967.18 in Q1 2022, up from CNY 2,561,999.70 in Q1 2021, reflecting a growth of approximately 67.4%[54] Strategic Initiatives - The company is focusing on expanding its market presence and developing new technologies to drive future growth[24] - The company has plans for potential mergers and acquisitions to strengthen its competitive position in the market[24] - The company reported a significant increase in short-term borrowings, reflecting a strategic move to enhance liquidity[31] Operating Costs - Total operating costs for Q1 2022 were CNY 21,892,387.30, up from CNY 17,998,306.88 in Q1 2021, representing a 21.0% increase[36] - The cost of goods sold was 1,225,916.14, resulting in a gross profit margin that reflects the company's operational efficiency[51] - The company reported a significant increase in employee compensation payments, totaling 18,154,865.77, compared to 11,578,431.35 previously[44] - The company’s sales expenses rose to CNY 620,795.72 in Q1 2022, compared to CNY 539,557.18 in Q1 2021, marking an increase of approximately 15%[54]

Financial Performance - The company's operating revenue for Q1 2022 was ¥31,320,850.51, representing a year-on-year increase of 12.77%[6] - The net profit attributable to shareholders was ¥6,916,900.56, showing a decline of 27.36% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,371,755.05, down 33.02% year-on-year[6] - The basic earnings per share were ¥0.07, a decrease of 40.57% year-on-year[8] - Net profit for Q1 2022 was CNY 6,916,900.56, down 27.5% from CNY 9,521,979.83 in Q1 2021[36] - The company reported a total comprehensive income of -¥3,567,695.54 for the quarter, down from ¥734,662.85 in the prior year[56] Cash Flow and Liquidity - The net cash flow from operating activities was -¥2,489,239.11, a decrease of 124.80% compared to the previous year[8] - Cash received from sales of goods and services in Q1 2022 was CNY 36,725,856.18, a decrease from CNY 40,359,575.75 in Q1 2021[40] - Cash flow from operating activities generated a net amount of ¥4,868,895.18, down from ¥7,276,878.01 year-over-year, reflecting a decrease of approximately 33%[57] - The ending balance of cash and cash equivalents was 1,724,143,456.07, compared to 208,831,350.69 in the previous period[46] - Financing activities resulted in a net cash inflow of ¥1,534,325,982.57, significantly contributing to the overall cash position[58] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,052,056,291.64, up 308.53% from the end of the previous year[9] - The company's total liabilities stood at ¥48,282,043.75, compared to ¥41,760,632.71 in the previous year, showing an increase in financial obligations[31] - Total current assets reached ¥1,988,359,286.67, a substantial increase from ¥436,237,908.11 in the previous year[28] - The total equity attributable to shareholders of the parent company was CNY 2,003,774,247.89 as of the end of the reporting period[33] Research and Development - Research and development expenses totaled ¥11,697,562.65, an increase of 44.80% year-on-year, accounting for 37.35% of operating revenue[8] - The company plans to continue investing in R&D to drive future growth and innovation[35] - R&D expenses in Q1 2022 amounted to CNY 11,697,562.65, a significant increase of 45.5% from CNY 8,078,390.93 in Q1 2021[36] - Research and development expenses surged to ¥4,290,967.18, up from ¥2,561,999.70, indicating a significant increase of about 67% compared to the previous year[54] Shareholder Information - The equity attributable to shareholders reached ¥2,003,774,247.89, reflecting a growth of 335.09% compared to the previous year[9] - The company has a total of 5,326,500 shares held by Liang Weidong, representing 4.88% of the total shares[20] - The company has a total of 1,733,758 shares held by China Construction Bank, indicating significant institutional investment[20] Operational Costs - Total operating costs for Q1 2022 were CNY 21,892,387.30, up from CNY 17,998,306.88 in Q1 2021, representing a 21.0% increase[36] - The company's sales expenses increased to ¥620,795.72 from ¥539,557.18, representing a growth of approximately 15% year-over-year[54] Other Information - The company received government subsidies amounting to ¥112,824.41, which were included in the current period's profit and loss[10] - The company did not report any new product launches or technological advancements during this period[24] - The company did not report any new product launches or significant market expansion strategies during this quarter[60]

Financial Performance - The company achieved operating revenue of CNY 190,580,502.14 in 2021, representing a year-on-year growth of 25.28%[45]. - The net profit attributable to shareholders of the listed company for 2021 was ¥98,844,243.08, an increase of 28.48% from ¥76,935,982.81 in 2020[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥90,368,423.91, reflecting a 23.86% increase from ¥72,959,167.93 in 2020[29]. - The company's comprehensive gross margin for 2021 was 88.46%, maintaining a high level despite potential risks from market competition and changes in product pricing[148]. - The top five customers accounted for 62.93% of the company's revenue in 2021, indicating a high customer concentration risk[146]. - The company reported a total revenue of 4,051.08 million RMB for the period, with a significant increase from the previous period's 6,214.50 million RMB[119]. Research and Development - The company invested 21.26% of its operating revenue in R&D, an increase of 1.34 percentage points from the previous year[45]. - The company launched 30 new power amplifier products and 35 new low-noise amplifier products during the reporting period[46]. - The company has developed a series of customized microsystems and modules, utilizing a three-dimensional heterogeneous silicon interconnect technology, which enhances its competitive edge in the industry[1]. - The company’s R&D work is led by the R&D department, supported by production, quality, procurement, and marketing departments[70]. - R&D investment increased by 33.68% year-on-year, totaling approximately ¥40.51 million, representing 21.26% of operating revenue[112][113]. Market Position and Strategy - The company aims to expand its market presence through strategic partnerships and technological advancements in the field of microwave technology[22]. - The company has established itself as a core supplier of RF chips and power management chips in the domestic special industry sector, achieving a high level of technological performance that meets international standards[88]. - The company is focusing on R&D investments to maintain its advantageous market position and develop new products in the special industry sector[96]. - The integration of 5G technology is driving the need for higher performance and integration levels in integrated circuit chips, which the company is well-positioned to address[92]. - The company is actively pursuing market expansion in the aerospace intelligent power distribution sector, leveraging its research on solid-state electronic switches[117]. Risks and Challenges - The company faces risks related to the loss of core technical personnel, which could hinder its ability to innovate and maintain competitive advantages[140]. - The company has a risk of not achieving expected outcomes in R&D, which could lead to unrecoverable investments and adverse impacts on performance[142]. - The company’s accounts receivable at the end of the reporting period amounted to ¥119.85 million, representing 23.86% of total assets, indicating potential risks related to bad debts[150]. - The company is subject to tax policy changes that could affect its effective tax rate, currently at 15% due to its high-tech enterprise status[153]. - The company’s products are primarily used in specialized industries, leading to variability in customer orders, which may impact revenue stability[147]. Product Development and Innovation - The company has developed a low-pass filter-based lossy matching circuit technology, enhancing the design of broadband efficient power amplifier chips[97]. - The active bias circuit technology with threshold tracking and temperature compensation improves the stability and linearity of amplifiers, providing significant temperature advantages[97]. - The company has successfully implemented a power amplifier stacking technology, increasing the working voltage and output power while reducing parasitic capacitance[97]. - The company has developed a wideband signal reception channel design technology that supports IF signal transmission from 20kHz to 60MHz with a dynamic range greater than 60dB[109]. - The company has established a PDK model library to support user simulations, significantly shortening product development time[109]. Financial Health and Investments - The company’s cash flow from operating activities decreased by 57.12% to 4,754,923.17 yuan, mainly due to increased inventory of raw materials[165]. - The company’s investment activities generated a net cash outflow of 8,162,170.82 yuan, an improvement of 38.11% compared to the previous year[165]. - The company's integrated circuit material costs amounted to ¥17,269,873.84, representing 78.55% of total costs, an increase of 57.61% compared to the previous year[170]. - The total procurement amount from the top five suppliers was ¥1,855.99 million, representing 35.73% of the annual procurement total[178]. - The company’s financial expenses increased by 51.15%, primarily due to increased interest income[162].