证券代码：688328 证券简称：深科达 公告编号：2023-061 表决结果：同意票3票，反对票0票，弃权票0票。 本议案尚需提交公司股东大会审议。 1 深圳市深科达智能装备股份有限公司 第四届监事会第二次会议决议公告 本公司监事会及全体监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。 一、 监事会会议召开情况 深圳市深科达智能装备股份有限公司（以下简称"公司"）第四届监事会第 二次会议于 2023 年 8 月 9 日下午以现场结合通讯方式召开。本次会议的通知于 2023 年 8 月 3 日以电子邮件方式送达全体监事。本次会议应出席的监事 3 人， 实际出席的监事 3 人，会议由监事会主席陈德钦主持。会议的召集和召开程序符 合有关法律法规、规范性文件和公司章程的规定，会议决议合法、有效。 二、监事会会议审议情况 经与会监事充分讨论，本次会议审议通过了如下议案： （一）审议通过《关于修订<监事会议事规则>的议案》。 监事会认为：公司对《监事会议事规则》进行修订完善，是根据《中华人 民共和国公司法》、《中华人民共和国证券法》及《上市公司章程指引 ...

第五条 在内幕信息依法披露前，任何知情人不得公开或者泄露该信息，不 得利用该信息进行内幕交易。 公司内幕信息知情人的范围以及登记管理应按照公司《内幕信息知情人登记 管理制度》的要求进行，公司信息披露义务人应遵守前述办法及公司其他管理制 度做好内幕信息的报告、登记及保密工作。 深圳市深科达智能装备股份有限公司 信息披露管理办法 第一章 总 则 第一条 为规范深圳市深科达智能装备股份有限公司（以下简称"公司"） 的信息披露行为，加强公司信息披露事务管理，维护公司、投资者及其他利益相 关者的合法权益，根据《中华人民共和国公司法》、《中华人民共和国证券法》、 中国证券监督管理委员会（以下简称"中国证监会"）《上市公司信息披露管理 办法》（以下简称"《信息披露管理办法》"）、《上海证券交易所科创板股票 上市规则》（以下简称"《上市规则》"）及《深圳市深科达智能装备股份有限 公司章程》（以下简称"《公司章程》"）的相关规定，制定本制度。 第二条 公司应当同时向所有投资者公开披露信息，披露信息应真实、准确、 完整、及时，不得有虚假记载、误导性陈述或者重大遗漏。 第三条 信息披露是公司的持续责任，公司应当诚信履行持续信息披露 ...

Financial Performance - The company reported no profit distribution for the fiscal year 2022, with no cash dividends or stock bonuses planned[5]. - The company has not achieved profitability since its listing, indicating ongoing investment in growth and development[4]. - The company's operating revenue for 2022 was approximately ¥588.81 million, a decrease of 35.36% compared to ¥910.92 million in 2021[21]. - The net profit attributable to shareholders was a loss of approximately ¥35.84 million, down 164.30% from a profit of ¥55.74 million in the previous year[21]. - The cash flow from operating activities showed a net increase of 124.18%, reaching approximately ¥20.25 million compared to a negative cash flow of ¥83.74 million in 2021[25]. - The total assets increased by 21.41% year-on-year, amounting to approximately ¥1.81 billion, primarily due to funds raised from convertible bonds[25]. - The basic earnings per share for 2022 was -¥0.44, a decline of 160.27% from ¥0.73 in 2021[22]. - The weighted average return on equity decreased to -4.79%, down 12.83 percentage points from 8.04% in the previous year[22]. Research and Development - The company’s R&D expenditure as a percentage of operating revenue rose to 14.13%, an increase of 5.96 percentage points from 8.17% in 2021[22]. - The company invested 83.1753 million RMB in R&D, representing 14.13% of operating revenue, with semiconductor equipment R&D spending increasing by 35.75% to 21.0997 million RMB[38]. - The company has received 39 new patent approvals and 8 software copyrights in 2022, bringing the total to 386 patents, enhancing its competitive edge in technology[39]. - The company is focusing on developing Mini/Micro-LED assembly and testing equipment, as well as automation equipment for flexible OLED and large-size LCD displays to strengthen its market position[38]. - The company has established a comprehensive R&D, production, and sales system, enabling it to provide integrated solutions for automation equipment in various sectors[40]. - The company has developed a range of automated equipment for various applications, including high-speed testing and sorting machines for IC devices, which integrate labeling and imaging systems to ensure high-quality product output[42]. - The company has implemented a procurement strategy that combines strategic and order-based purchasing, ensuring a stable supply of raw materials while controlling inventory costs[46]. Market Conditions and Challenges - The company faced challenges due to a slowdown in the semiconductor industry and reduced demand in the consumer electronics market, impacting order volumes and sales[23]. - Sales revenue from semiconductor equipment was 194.9819 million RMB, a decline of 28.64% due to a slowdown in the global semiconductor industry and conservative inventory strategies from clients[35]. - Sales revenue from flat panel display module equipment was 240.8452 million RMB, down 54.98%, attributed to weak demand in the consumer electronics market and excess capacity in the display panel industry[36]. - The company is actively developing new products to capture opportunities in the domestic semiconductor equipment market[83]. Corporate Governance - The audit report issued by Da Hua Certified Public Accountants confirmed the financial statements' accuracy and completeness[5]. - The company has a comprehensive governance structure in place, with all board members present at the meeting[5]. - The company has not disclosed any special arrangements regarding corporate governance[8]. - The governance structure has been optimized to ensure compliance with legal requirements, safeguarding the rights and interests of shareholders[137]. - The company has established a transparent information disclosure system to maintain shareholder rights and prevent insider trading[139]. Investment and Financing - The company issued 360 million RMB in convertible bonds to fund R&D and production projects for advanced semiconductor packaging and display equipment[37]. - The company plans to submit its profit distribution proposal to the shareholders' meeting for approval[5]. - The company has established a framework for future financing and capital management through convertible bonds[197]. Employee and Talent Management - The average salary of R&D personnel is RMB 259,467.14, with a total of 238 R&D staff, representing 23.75% of the total workforce[77]. - The company has established a postdoctoral innovation practice base to enhance R&D talent cultivation[82]. - The company has a competitive and incentive-based salary system, aligning employee compensation with performance and contributions[159]. - The company conducted training programs for new employees and technical staff to enhance professional skills and innovation capabilities[160]. Environmental and Social Responsibility - The company donated 50,000 yuan to support rural revitalization efforts, benefiting 143 villagers, including 65 who were lifted out of poverty[175]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[170]. - The company has not established an environmental protection mechanism and did not invest any funds in environmental protection during the reporting period[168]. Future Outlook - The company plans to enhance R&D investment focusing on advanced semiconductor testing equipment and new high-end display devices, aiming to improve automation levels and production efficiency[134]. - The company aims to strengthen brand building and deepen customer relationships to enhance market responsiveness and expand market reach[134]. - The company has set ambitious performance guidance for the next quarter, projecting continued revenue growth and user acquisition[145].

Financial Performance - The company reported no profit distribution for the fiscal year 2022, with no cash dividends or stock bonuses planned[5]. - The company has not achieved profitability since its listing, indicating ongoing investment in growth and development[4]. - The company's operating revenue for 2022 was approximately ¥588.81 million, a decrease of 35.36% compared to ¥910.92 million in 2021[21]. - The net profit attributable to shareholders was a loss of approximately ¥35.84 million, down 164.30% from a profit of ¥55.74 million in the previous year[24]. - The cash flow from operating activities showed a net increase of 124.18%, reaching approximately ¥20.25 million compared to a negative cash flow of ¥83.74 million in 2021[25]. - The basic earnings per share for 2022 was -¥0.44, a decline of 160.27% from ¥0.73 in 2021[22]. - The weighted average return on equity decreased to -4.79%, down 12.83 percentage points from 8.04% in the previous year[22]. - The net profit excluding non-recurring items was CNY -49.83 million, a decline of 198.85% compared to the previous year[35]. Governance and Compliance - The audit report issued by Da Hua Certified Public Accountants confirmed the financial statements' accuracy and completeness[5]. - The company has a comprehensive governance structure in place, with all board members present at the meeting[5]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[7]. - The company has not violated decision-making procedures for external guarantees[7]. - The governance structure has been optimized to ensure compliance with legal requirements, safeguarding the rights of shareholders and maintaining operational independence[134]. - The company has established a transparent information disclosure system to enhance shareholder rights and prevent insider trading[136]. Research and Development - The company's R&D expenditure as a percentage of operating revenue rose to 14.13%, an increase of 5.96 percentage points from 8.17% in 2021[22]. - The company invested CNY 83.18 million in R&D in 2022, representing 14.13% of total revenue, with semiconductor equipment R&D spending increasing by 35.75% to CNY 21.10 million[38]. - The company has developed fully automatic bonding lines for flexible cover glass, primarily used in 3-10 inch smartphones and tablets, utilizing OCA for complete adhesion[42]. - The company has established a postdoctoral innovation practice base to enhance talent development in collaboration with the Shenzhen Institute of Advanced Technology[82]. - The company has a total of 238 R&D personnel, representing 23.75% of the total workforce[77]. - The company has increased R&D investment to develop new products such as probe stations and high-precision solid crystal machines, leading to higher R&D expenses[83]. Market and Industry Trends - The semiconductor equipment industry is experiencing significant growth, with China's semiconductor equipment market becoming the largest globally, driven by increasing demand for new chips and advanced processes[51]. - The global advanced packaging market is projected to reach $65.1 billion by 2027, with a compound annual growth rate (CAGR) of 9.63% from 2021 to 2027, highlighting the growing demand for advanced packaging testing equipment[56]. - The flat panel display industry is expected to expand significantly due to the rise of new applications in smart homes and cities, with increased investment in production lines and equipment upgrades[52]. - The investment in China's optoelectronic display industry was approximately 363.6 billion RMB in 2022, indicating robust growth and innovation in MiniLED and MicroLED technologies[57]. - The company is focusing on technological innovation in MiniLED and MicroLED display technologies to maintain its industry competitiveness[57]. Risk Factors - The company has outlined various risk factors in its management discussion, emphasizing the importance of investor awareness[4]. - The company faced challenges due to a slowdown in the semiconductor industry and reduced demand in the consumer electronics market, impacting revenue from semiconductor equipment[23]. - The company's main business costs are heavily influenced by raw material prices, which account for over 70% of total costs[86]. - The company is at risk of losing core technical personnel, which could adversely affect its R&D capabilities and business development[85]. Strategic Initiatives - The company aims to capture market opportunities in semiconductor equipment and expand its product offerings in Mini/Micro-LED and OLED technologies[38]. - The company plans to expand its product line and invest in key components to enhance its business scope, which has led to increased management expenses by 26.44% to CNY 61.45 million[94]. - The company is actively pursuing patent protection for its technological innovations, reflecting its commitment to maintaining a competitive edge in the market[63]. - The company aims to enhance production efficiency and reduce labor costs through automation technologies in its manufacturing processes[62]. Shareholder Relations - The company has a dividend policy that mandates a cash distribution of at least 10% of the distributable profit when the net profit is positive and undistributed profits are available[175]. - The company maintains a stable cash dividend policy, ensuring transparency and protection of minority shareholders' rights, with no modifications made during the reporting period[159]. - The company actively engages with investors through various channels, including two earnings explanation meetings held on May 18, 2022, and August 31, 2022[184]. - The company has established a dedicated investor relations section on its website, providing essential information such as company announcements and contact details for investors[184]. Future Outlook - The company provided guidance for 2023, projecting revenue growth of 15% to 1.725 billion, driven by new product launches and market expansion efforts[143]. - Future guidance indicates a projected revenue growth rate of over 20% for the next fiscal year, driven by new product launches and technological advancements[142]. - The company plans to invest in new manufacturing facilities to increase production capacity by 50% over the next two years[142]. - The company is focusing on expanding its market presence in the semiconductor and display equipment sectors, capitalizing on the growth of advanced packaging and OLED technologies[126].

Financial Performance - The company's operating revenue for Q1 2023 was ¥149,565,509.77, representing a decrease of 9.10% compared to the same period last year[5] - The net profit attributable to shareholders was -¥17,682,018.89, a significant decline of 418.19% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥19,777,575.23, reflecting a decrease of 543.69% compared to the previous year[5] - The basic earnings per share were -¥0.22, a decrease of 414.29% year-over-year, primarily due to the reduction in net profit[6] - Net profit for Q1 2023 was a loss of ¥16,016,232.35, compared to a profit of ¥11,957,817.62 in Q1 2022, representing a significant decline[21] - The company reported a gross margin of -16.0% in Q1 2023, down from a positive margin in the previous year[21] - Basic and diluted earnings per share for Q1 2023 were both -¥0.22, compared to ¥0.07 in Q1 2022[22] Cash Flow and Liquidity - The net cash flow from operating activities was -¥17,891,858.22, an increase in outflow of 58.49% year-over-year[6] - Cash flow from operating activities was ¥115,828,416.17, an increase from ¥105,193,356.52 in Q1 2022[23] - The net cash flow from operating activities was -$17,891,858.22, an improvement from -$43,106,398.80 in the previous year[24] - The company reported a total cash outflow from operating activities of $144,127,281.11, compared to $155,660,527.60 last year[24] - The company received $140,000,000.00 from investment recoveries, significantly higher than $83,000,000.00 in the previous year[24] - The company paid $61,193,984.89 for goods and services, down from $93,835,288.90 in the previous year[24] - The company experienced a negative impact of -$202,714.40 from exchange rate fluctuations on cash and cash equivalents[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,830,133,275.26, showing a slight increase of 1.26% from the end of the previous year[6] - As of March 31, 2023, the total assets of the company amounted to ¥1,830,133,275.26, an increase from ¥1,807,447,189.69 as of December 31, 2022, reflecting a growth of approximately 1.4%[16] - The company's cash and cash equivalents decreased to ¥211,928,659.14 from ¥314,925,547.30, representing a decline of about 32.7%[16] - Accounts receivable increased to ¥498,942,442.68 from ¥466,082,857.84, showing a growth of approximately 7%[16] - The company's inventory rose to ¥260,770,432.85, compared to ¥242,329,829.99, indicating an increase of about 7.6%[16] - Total current liabilities increased to ¥684,137,828.51 from ¥651,471,262.40, marking a rise of approximately 5%[17] - The company's total liabilities reached ¥1,037,916,438.31, an increase of 3.5% from ¥1,002,494,171.68 in the previous year[18] - The total equity attributable to shareholders decreased to ¥724,258,769.63 from ¥738,699,698.44, a decline of 1.9%[18] Research and Development - Research and development expenses totaled ¥22,649,480.00, accounting for 15.14% of operating revenue, which is an increase of 3.51 percentage points from the previous year[6] - Research and development expenses rose to ¥22,649,480.00, an increase of 18.5% from ¥19,138,667.63 in Q1 2022[21] Business Operations - The company faced a decline in semiconductor equipment business revenue due to a slowdown in global semiconductor growth and decreased demand in the domestic consumer electronics market[9] - The company is focusing on improving cash collection from accounts receivable, which has shown improvement in the current reporting period[9] Stock and Incentives - The company approved a restricted stock incentive plan to grant 2,647,400 shares at ¥12.50 per share, with 2,384,100 shares for initial grant and 263,300 shares reserved[14] Investment Activities - Total cash inflow from investment activities was $140,898,003.30, compared to $83,172,727.78 in the same period last year[24] - The net cash flow from investment activities was -$117,245,271.10, worsening from -$62,567,198.25 year-over-year[24] - Cash inflow from financing activities totaled $58,548,498.67, slightly up from $55,495,304.03 in the previous year[25] - The net cash flow from financing activities was $12,535,781.62, a decrease from $37,374,934.07 year-over-year[25] - The ending balance of cash and cash equivalents was $157,923,807.83, compared to $135,529,612.06 at the end of the previous year[25]

一、 说明会类型 本次投资者说明会以视频和网络互动形式召开，公司将针对 2022 年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围 内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、方式 证券代码：688328 证券简称：深科达 公告编号：2023-037 深圳市深科达智能装备股份有限公司 关于参加2022 年度半导体专场集体业绩说明会的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： （http://roadshow.sseinfo.com/） 投资者可于 2023 年 5 月 15 日(星期一)16:00 前通过邮件、电话、传真等 形式将需要了解和关注的问题提前提供给公司。公司将在文字互动环节对投资者普 遍关注的问题进行回答。 深圳市深科达智能装备股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日发布公司 2022 年度报告，为便于广大投资者更全面深入地了解公司 2022 年 度经营成果、财务状况、发展理念，公司参与了由上交所主办的 2 ...

[Financial Summary and Business Highlights](index=1&type=section&id=%E4%B8%80%E3%80%81%20%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) [Key Financial Data](index=1&type=section&id=%E4%B8%80%E3%80%81%20%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) The company's revenue and profit declined significantly in Q1-Q3 2022 due to market pressures, though operating cash flow and R&D investment increased Core Financial Indicators | Item | Current Period (Q3 2022) | YoY Change (%) | YTD (Q1-Q3 2022) | YoY Change (%) | | :--- | :--- | :--- | :--- | :--- | | **Operating Revenue (Yuan)** | 105,468,876.00 | -64.55 | 458,176,921.33 | -35.56 | | **Net Profit Attributable to Shareholders (Yuan)** | -10,503,604.24 | -187.79 | 8,223,069.88 | -78.17 | | **Net Profit Attributable to Shareholders (Non-recurring items deducted) (Yuan)** | -13,600,103.92 | -203.80 | 1,197,059.84 | -96.42 | | **Basic Earnings Per Share (Yuan/Share)** | -0.13 | -186.67 | 0.10 | -80.39 | | **Net Cash Flow from Operating Activities (Yuan)** | N/A | N/A | 23,793,203.54 | 114.31 | | **Total R&D Investment (Yuan)** | 21,112,674.98 | 14.82 | 59,591,811.51 | 12.03 | | Item | Period-End (2022-09-30) | Previous Year-End (2021-12-31) | Change (%) | | :--- | :--- | :--- | :--- | | **Total Assets (Yuan)** | 1,866,923,391.38 | 1,488,666,596.14 | 25.41 | | **Equity Attributable to Shareholders (Yuan)** | 779,621,905.30 | 764,142,474.86 | 2.03 | Non-recurring Gains and Losses | Item | YTD Amount (Yuan) | Notes | | :--- | :--- | :--- | | Government Grants Recognized in Current Profit or Loss | 9,168,471.13 | Main component | | Other Non-operating Income and Expenses, Net | -275,227.08 | - | | Other Items Defined as Non-recurring Gains and Losses | 706,981.31 | - | | Less: Income Tax Effect | 1,414,613.33 | - | | Less: Effect on Minority Interests (After Tax) | 940,866.60 | - | | **Total** | **7,026,010.04** | - | Analysis of Major Financial Indicator Changes - Key reasons for the sharp decline in operating revenue and net profit include: - **Decreased market demand**: Demand for flat panel display module equipment fell due to weakening downstream consumer electronics demand caused by the pandemic and inflation[10](index=10&type=chunk)[11](index=11&type=chunk) - **Intensified market competition**: The company proactively reduced low-margin orders to cope with price competition[10](index=10&type=chunk)[11](index=11&type=chunk) - **Production base relocation**: The move to the Huizhou manufacturing center affected the production and delivery of some orders[10](index=10&type=chunk)[11](index=11&type=chunk) - **Losses from new subsidiaries**: Three subsidiaries established at the end of 2021 are still in their growth phase and have not yet achieved profitability[10](index=10&type=chunk)[11](index=11&type=chunk) - **Increased costs and expenses**: Depreciation of fixed assets at the new Huizhou base increased, and the decline in period expenses did not match the decline in revenue[10](index=10&type=chunk)[11](index=11&type=chunk) - **Net cash flow from operating activities increased significantly by 114.31%**, primarily due to: - Enhanced collection of accounts receivable[11](index=11&type=chunk)[12](index=12&type=chunk) - Reduced tax payments from relevant tax incentive policies[11](index=11&type=chunk)[12](index=12&type=chunk) - Gradual adoption of acceptance bills for supplier settlements, reducing operating cash outflows[11](index=11&type=chunk)[12](index=12&type=chunk) - The company continued to increase R&D investment, with **YTD R&D expenses growing 12.03% YoY**, mainly directed towards the semiconductor equipment business to attract talent and enhance product competitiveness[12](index=12&type=chunk) [Shareholder Information](index=6&type=section&id=%E4%BA%8C%E3%80%81%20%E8%82%A1%E4%B8%9C%E4%BF%A1%E6%81%AF) The company has 6,699 shareholders, with the actual controller and concerted parties holding a combined 40.63% stake Major Shareholder Holdings - At the end of the reporting period, the total number of common stock shareholders was **6,699**[14](index=14&type=chunk) | Shareholder Name | Shareholding Ratio (%) | Number of Shares Held | Nature | | :--- | :--- | :--- | :--- | | Huang Yihong | 16.49 | 13,359,716 | Domestic Natural Person | | Xiao Yanjia | 8.93 | 7,239,985 | Domestic Natural Person | | Huang Yifen | 8.93 | 7,239,984 | Domestic Natural Person | | Shenzhen Shenkeda Investment Co., Ltd. | 6.28 | 5,092,000 | Domestic Non-State-Owned Legal Entity | | Zhang Xinming | 4.13 | 3,350,900 | Domestic Natural Person | - Shareholders Huang Yihong, Huang Yifen, and Xiao Yanjia are parties acting in concert, with the agreement valid for 36 months post-IPO; **the actual controller and concerted parties collectively control 40.63% of the company's shares**[16](index=16&type=chunk) [Other Important Matters](index=8&type=section&id=%E4%B8%89%E3%80%81%20%E5%85%B6%E4%BB%96%E6%8F%90%E9%86%92%E4%BA%8B%E9%A1%B9) The company completed its new manufacturing base and successfully issued RMB 360 million in convertible bonds - The company's investment project, the "Shenkeda Intelligent Manufacturing Innovation Demonstration Base," is substantially complete, with the manufacturing department relocating in late September, which will resolve production bottlenecks and support expansion[17](index=17&type=chunk) - In August 2022, the company successfully issued **RMB 360 million in public convertible corporate bonds** (Bond name: "Shenke Convertible Bond"), with net proceeds of RMB 351 million received[18](index=18&type=chunk) [Financial Statements](index=9&type=section&id=%E5%9B%9B%E3%80%81%20%E5%AD%A3%E5%BA%A6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) [Consolidated Balance Sheet](index=10&type=section&id=%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) Total assets grew to RMB 1.87 billion, driven by construction in progress and bond proceeds, while liabilities also rose significantly | Item | 2022-09-30 (Yuan) | 2021-12-31 (Yuan) | Change | | :--- | :--- | :--- | :--- | | **Total Assets** | **1,866,923,391.38** | **1,488,666,596.14** | **+25.41%** | | Total Current Assets | 1,377,111,313.80 | 1,160,178,192.10 | Increase, mainly from trading financial assets | | Total Non-current Assets | 489,812,077.58 | 328,488,404.04 | Increase, mainly from construction in progress | | **Total Liabilities** | **1,016,177,078.96** | **673,695,154.33** | **+50.84%** | | Total Current Liabilities | 643,744,838.09 | 624,068,924.98 | Relatively stable | | Total Non-current Liabilities | 372,432,240.87 | 49,626,229.35 | Significant increase, mainly from new bonds payable | | **Equity Attributable to Parent Company** | **779,621,905.30** | **764,142,474.86** | **+2.03%** | [Consolidated Income Statement](index=12&type=section&id=%E5%90%88%E5%B9%B6%E5%88%A9%E6%B6%A6%E8%A1%A8) Revenue for Q1-Q3 2022 fell 35.56% to RMB 458 million, leading to a 78.17% drop in net profit despite a slightly improved gross margin | Item | Q1-Q3 2022 (Yuan) | Q1-Q3 2021 (Yuan) | YoY Change | | :--- | :--- | :--- | :--- | | **Total Operating Revenue** | **458,176,921.33** | **711,042,315.67** | **-35.56%** | | Total Operating Costs | 466,826,866.42 | 665,750,071.57 | -29.88% | | Cost of Sales | 295,210,805.80 | 485,600,569.88 | -39.21% | | R&D Expenses | 59,591,811.51 | 53,193,397.48 | +12.03% | | **Operating Profit** | **8,830,431.95** | **59,940,352.89** | **-85.27%** | | **Total Profit** | **8,336,469.48** | **58,661,572.58** | **-85.79%** | | **Net Profit Attributable to Parent Company** | **8,223,069.88** | **37,669,815.92** | **-78.17%** | | **Basic Earnings Per Share** | **0.10** | **0.51** | **-80.39%** | [Consolidated Cash Flow Statement](index=15&type=section&id=%E5%90%88%E5%B9%B6%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) Operating cash flow turned positive to RMB 23.8 million, while financing inflows of RMB 404 million funded significant investment outflows | Item | Q1-Q3 2022 (Yuan) | Q1-Q3 2021 (Yuan) | Change Description | | :--- | :--- | :--- | :--- | | **Net Cash Flow from Operating Activities** | **23,793,203.54** | **-166,281,617.03** | Turned positive, improved collections | | **Net Cash Flow from Investing Activities** | **-411,070,852.13** | **-60,619,084.54** | Net outflow increased, mainly for asset acquisition and investment | | **Net Cash Flow from Financing Activities** | **404,056,570.29** | **274,612,582.32** | Net inflow increased, mainly from borrowings and bond issuance | | **Net Increase in Cash and Cash Equivalents** | **16,941,601.77** | **47,694,745.22** | Net increase decreased |

Financial Performance - The company's operating revenue for the first half of 2022 was ¥352,708,045.33, a decrease of 14.71% compared to ¥413,516,657.51 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was ¥18,726,674.12, down 27.15% from ¥25,704,833.22 in the previous year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,797,163.76, a decrease of 27.35% compared to ¥20,367,119.06 in the same period last year[17]. - Basic and diluted earnings per share decreased by 36.11% to CNY 0.23 compared to the same period last year[18]. - The company achieved a total R&D investment of ¥38,479,136.53, representing a 10.56% increase compared to ¥34,805,366.35 in the same period last year[39]. - The company reported a net loss of RMB 17,018,400 for the period, which is a notable change from the previous year's profit distribution[160]. Cash Flow and Assets - The net cash flow from operating activities improved significantly to -¥18,452,671.21, compared to -¥133,305,047.49 in the previous year, reflecting an 86.16% improvement[17]. - The total assets at the end of the reporting period were ¥1,515,947,065.30, an increase of 1.83% from ¥1,488,666,596.14 at the end of the previous year[17]. - The company’s total assets decreased by 19.06% from the previous year, with cash and cash equivalents at CNY 193,698,665.44[67]. - Cash and cash equivalents decreased to RMB 193,698,665.44 from RMB 239,302,525.99, reflecting a decline of about 19.14%[134]. - The company reported a total current assets of RMB 1,093,554,267.20 as of June 30, 2022, down from RMB 1,160,178,192.10 at the beginning of the period, representing a decrease of approximately 5.74%[134]. Research and Development - Research and development expenses accounted for 10.91% of operating revenue, an increase of 2.49 percentage points from the previous year[18]. - The company has developed key technologies such as precision alignment and image processing, enabling it to offer a full suite of equipment for OLED and LCD display manufacturing[28]. - The company obtained 5 new invention patents and 6 new utility model patents during the reporting period, contributing to a total of 17 invention patents and 275 utility model patents[37]. - The company has established three new subsidiaries focused on encoder, driver, and digital printing equipment, which are still in the early stages of business growth[19]. Market and Industry Trends - The semiconductor equipment industry is projected to reach a new high of USD 107 billion in 2022, driven by increased demand from chip manufacturers[24]. - The demand for consumer electronics has decreased in the first half of 2022 due to lower disposable income and slower replacement rates for devices like smartphones and laptops[27]. - The domestic semiconductor equipment market is experiencing significant growth opportunities as China becomes the largest consumer market for semiconductor products[25]. - The global Mini-LED backlight market is expected to grow from $150 million in 2021 to $2.32 billion by 2024, with an annual growth rate exceeding 140%[27]. Risks and Challenges - The company has indicated potential risks in its future outlook, which are detailed in the risk factors section[4]. - The company faces risks from intensified industry competition and potential loss of core technical personnel, which could adversely affect future performance[59]. - The global economic slowdown and ongoing pandemic challenges may lead to reduced demand for consumer electronics, impacting the company's performance[61]. Corporate Governance and Compliance - The report is unaudited, and the management has confirmed the accuracy and completeness of the financial statements[4]. - The company adheres to environmental regulations and has implemented measures for wastewater, waste gas, and solid waste management, ensuring compliance with national standards[79]. - The company emphasizes energy conservation and resource utilization, promoting a paperless office environment and encouraging green commuting practices among employees[82]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 5,010[118]. - The largest shareholder, Huang Yihong, holds 13,359,716 shares, representing 16.49% of the total shares[120]. - The company has not proposed any profit distribution or capital reserve transfer plans for the first half of 2022, indicating a focus on reinvestment[77].

Financial Performance - Revenue for Q1 2022 was CNY 164,535,638.06, a decrease of 20.19% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 5,557,093.22, down 73.61% year-on-year[5] - Net profit excluding non-recurring gains and losses decreased by 78.61% to CNY 4,457,540.37[5] - Basic earnings per share were CNY 0.07, reflecting an 80.00% decline[6] - Total operating revenue for Q1 2022 was ¥164,535,638.06, a decrease of 20.2% compared to ¥206,171,197.56 in Q1 2021[18] - Net profit for Q1 2022 was ¥11,957,817.62, a decline of 52.0% from ¥24,902,283.57 in Q1 2021[19] Research and Development - R&D investment totaled CNY 19,138,667.63, an increase of 36.27% year-on-year, representing 11.63% of revenue[6] - Research and development expenses increased to ¥19,138,667.63 in Q1 2022, up 36.2% from ¥14,044,829.66 in Q1 2021[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,429,044,438.47, a decrease of 4.01% from the end of the previous year[6] - Current assets totaled RMB 1,087,440,687.87, down from RMB 1,160,178,192.10 at the end of 2021, indicating a decline of approximately 6.26%[15] - The company reported a total of 10,974,067.68 in fixed assets, down from 11,759,812.61, reflecting a decrease of approximately 6.69%[16] - The company’s long-term equity investments decreased to RMB 4,420,755.77 from RMB 4,844,021.93, a decline of about 8.74%[16] - Total liabilities as of Q1 2022 were ¥596,353,192.96, a decrease from ¥673,695,154.33 in the previous year[17] - The company’s total liabilities decreased to RMB 595,649,113.04 from RMB 672,966,924.98, indicating a reduction of approximately 11.48%[16] Cash Flow - The net cash flow from operating activities for Q1 2022 was -¥43,106,398.80, an improvement from -¥52,215,402.75 in Q1 2021[22] - Cash inflow from investment activities in Q1 2022 was ¥83,172,727.78, compared to ¥60,150,445.21 in Q1 2021, marking a 38.2% increase[22] - The net cash flow from investing activities was -$62.57 million, compared to -$28.17 million in the previous year, indicating a significant increase in cash outflow for investments[23] - The total cash outflow from investing activities was $145.74 million, compared to $88.33 million in the previous year, highlighting increased investment expenditures[23] - The cash and cash equivalents at the end of the period were $135.53 million, down from $393.60 million year-over-year, indicating a substantial decline in liquidity[23] Operational Challenges - The decrease in revenue was primarily due to reduced sales of flat panel display equipment, impacted by the pandemic and extended installation times[9] - Government subsidies received decreased by 33.99% compared to the previous year[9] - The company invested in three new subsidiaries, which are currently in the incubation stage and not yet profitable[9] Other Financial Metrics - The weighted average return on equity was 0.73%, down 3.75 percentage points[6] - Current liabilities decreased to RMB 546,751,113.04 from RMB 624,068,924.98, reflecting a reduction of about 12.39%[16] - Short-term borrowings rose to RMB 124,032,898.08 from RMB 96,247,695.28, an increase of approximately 29.00%[16] - Cash received from investment absorption was $3.52 million, significantly lower than $297.68 million in the previous year, reflecting reduced investment interest[23] - Cash received from borrowings was $32.86 million, slightly down from $34.71 million year-over-year, indicating stable borrowing activity[23] - The company did not apply the new accounting standards starting from 2022, maintaining previous accounting practices[23]

Financial Performance - The company plans to distribute a cash dividend of 2.10 yuan (including tax) for every 10 shares, totaling 17,018,400 yuan, which accounts for 30.53% of the net profit attributable to ordinary shareholders in the consolidated financial statements[6]. - The company has not yet achieved profitability since its listing[4]. - The company's operating revenue for 2021 reached ¥910,920,747.11, representing a 40.57% increase compared to ¥648,023,211.21 in 2020[21]. - The net profit attributable to shareholders decreased by 23.4% to ¥55,744,819.26 from ¥72,777,939.91 in the previous year[21]. - The cash flow from operating activities showed a significant decline of 574.95%, resulting in a net outflow of ¥83,740,262.75[21][23]. - Total assets increased by 36.46% to ¥1,488,666,596.1, driven by growth in receivables and investments in construction projects[23]. - The net assets attributable to shareholders grew by 66.15% to ¥764,142,474.86, primarily due to the proceeds from the IPO and increased profitability[22][23]. - Basic earnings per share fell by 39.17% to ¥0.73, influenced by intensified market competition and rising costs[22][23]. - The company's reliance on government subsidies was significant, with 31.24 million yuan received, accounting for 40.52% of total profit[76]. - The company achieved operating revenue of 910.92 million yuan, a year-on-year increase of 40.57%[81]. - The net profit attributable to shareholders was 55.74 million yuan, a decrease of 23.40% compared to the previous year[81]. Research and Development - The company's R&D expenditure as a percentage of operating revenue was 8.17%, down from 9.38% in the previous year[22]. - The company increased its R&D investment by 22.50% year-on-year, focusing on new product and technology development[33]. - The company achieved a total R&D investment of ¥74,443,416.21, representing a 22.5% increase compared to the previous year[61]. - The total R&D investment accounted for 8.17% of the operating revenue, a decrease of 1.21% from the previous year[61]. - The company obtained 4 new invention patents and 70 new utility model patents during the reporting period, contributing to a total of 339 patents[59]. - The company has developed a new high-precision alignment system that improves product alignment accuracy to ±5μm, achieving a 99% success rate at a 30μm pitch[58]. - The company has developed core technologies in precision alignment, image processing, and motion control, which are critical for maintaining its competitive edge in the industry[50]. - The company aims to develop a new chip defect detection device with a defect size detection capability of less than 2um and a false detection rate of less than 0.05%[13]. - The company has established a post-doctoral innovation practice base to enhance its innovation capabilities through collaboration with the Shenzhen Institute of Advanced Technology[33]. Market Position and Strategy - The company is actively expanding its market presence in Taiwan and Southeast Asia for flat panel display module equipment and entering the lithium battery equipment market with linear motor products[32]. - The company has gained significant recognition in the domestic semiconductor testing equipment market, with its turret testing and sorting machine ranking among the top in domestic sales[50]. - The domestic linear motor market has been growing at over 20% annually, with the company aiming to increase its market share against foreign competitors[45]. - The company is positioned as a leading provider of automated assembly and testing equipment for both OLED and LCD display devices, offering comprehensive solutions to clients[49]. - The company focuses on high-end intelligent equipment and related core components, aiming to enhance core competitiveness through continuous technological research and supply chain development[121]. - The company plans to conduct in-depth research on technologies such as AMOLED flexible bonding and high-precision 3D curved bonding, aiming to improve automation levels and production efficiency[123]. Operational Efficiency - The company has developed a comprehensive procurement management system to ensure efficient sourcing of raw materials and mitigate procurement risks[38]. - The company’s production model is primarily based on "make-to-order" for customized production, aligning with customer-specific requirements[38]. - The company has established a flexible and modular production management approach to enhance process control and quality management, aiming to reduce production losses and improve assembly efficiency[39]. - The company has implemented a vacuum application technology that improves bonding accuracy and yield rates by addressing issues related to vacuum balance[58]. - The company has integrated AI technology into its optical inspection methods, reducing misjudgment rates to below 0.5%[58]. Financial Management - The company's investment activities generated a net cash flow of -158.16 million yuan, a decline of 112.55% year-on-year, mainly due to increased capital expenditures[86]. - Financing activities resulted in a net cash inflow of 273.74 million yuan, an increase of 188.87%, attributed to public stock issuance[86]. - The company reported a total operating cost of ¥589.33 million, which is a 55.22% increase compared to the previous year[93]. - The gross profit margin decreased due to a 53.41% increase in operating costs, totaling 609.95 million yuan[83]. - The company’s sales expenses rose by 64.28% to 113.47 million yuan, driven by increased sales personnel costs and after-sales service needs[84]. Governance and Compliance - The company has established a governance structure that complies with relevant laws and regulations, ensuring the protection of shareholder rights[129]. - The company maintains independence from its controlling shareholder, ensuring no interference in decision-making and operational activities[130]. - The company has implemented a transparent information disclosure system to enhance shareholder rights and prevent insider trading[131]. - The company has not faced any penalties from securities regulatory authorities in the past three years, indicating compliance with regulations[146]. - The company has established specialized committees under the board, including audit, nomination, compensation, and strategy committees, to enhance governance[148]. Social Responsibility and Environmental Initiatives - The company actively promotes environmental protection and has implemented a green production management system to reduce energy consumption and emissions[167]. - The company has committed to reducing its carbon footprint by advocating for low-carbon living among employees and ensuring environmental management in its supply chain[176]. - The company donated 50,000 yuan to support rural revitalization efforts, benefiting 143 villagers, including 65 who were lifted out of poverty[181]. - The company has engaged in social responsibility initiatives, including providing a good working environment for employees and participating in charitable activities[168]. Employee Management - The total number of employees in the parent company and major subsidiaries is 989, with 243 in production, 325 in sales, and 243 in technical roles[155]. - The company has established a competitive and incentive-based salary system, adjusting salaries annually based on market changes and employee growth[156]. - The average salary for R&D personnel increased from ¥170,848.89 to ¥261,837.90, reflecting a rise of about 53%[68]. - The company has implemented training programs for new employees and technical staff to enhance their skills and integration into the company[157].