广发证券股份有限公司 关于吉林奥来德光电材料股份有限公司 2022 年度向特定对象发行 A 股股票 发行过程和认购对象合规性的报告 上海证券交易所： 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意吉林奥来 德光电材料股份有限公司向特定对象发行股票注册的批复》（证监许可〔2023〕 1588 号）批复，同意吉林奥来德光电材料股份有限公司（以下简称"奥来德"、 "发行人"或"公司"）向特定对象发行股票的注册申请。 广发证券股份有限公司（以下简称"保荐人（主承销商）"或"广发证券"） 作为奥来徳 2022 年度向特定对象发行 A 股股票（以下简称"本次发行"）的保 荐人（主承销商），根据《中华人民共和国公司法》（以下简称"《公司法》"）《中 华人民共和国证券法》（以下简称"《证券法》"）《证券发行与承销管理办法》（以 下简称"《承销管理办法》"）《上市公司证券发行注册管理办法》（以下简称"《注 册管理办法》"）《上海证券交易所上市公司证券发行与承销业务实施细则》（以下 简称"《实施细则》"）等有关法律、法规和规范性文件的规定，发行人董事会、 股东大会通过的与本次发行相关的决议及已向上海证券交易所（以下 ...

证券代码：688378 证券简称：奥来德 公告编号：2023-052 吉林奥来德光电材料股份有限公司 关于开设募集资金专户并签署募集资金专户存储三 方监管协议的公告 本公司董事会及全体董事保证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、募集资金基本情况 2023 年 7 月 25 日，公司收到中国证券监督管理委员会出具的《关于同意吉 林奥来德光电材料股份有限公司向特定对象发行股票注册的批复》（证监许可 ﹝2023﹞1588 号）（注册生效日为 2023 年 7 月 20 日），同意公司向特定对象 发行股票的注册申请。 公司本次向特定对象发行 4,951,599 股股票，发行价格为 18.47 元/股，募集 资金总额为人民币 91,456,033.53 元，扣除各项发行费用（不含税）人民币 2,468,433.20 元后，实际募集资金净额为人民币 88,987,600.33 元。2023 年 8 月 10 日，大信会计师事务所（特殊普通合伙）出具了大信验字[2023]第 7-00003 号《验 资报告》，对本次向特定对象发行 A 股股票的募集资 ...

证券代码：688378 证券简称：奥来德 公告编号：2023-039 吉林奥来德光电材料股份有限公司 关于参加2022年度先进金属材料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23日（星期二）16:00前通过邮件、电话等形式将需要了 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。 吉林奥来德光电材料股份有限公司（以下简称"公司"）已于2023年4月20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2022年度先进金属材料集体业绩 说明会，此次活动将采用视频和网络文字互动的方式举行，投资者可登录上海证券 交易所上证路演中心（http://roadshow.sseinfo.com/）参与线上互动交流。 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20 ...

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。 为进一步加强与投资者的互动交流，吉林奥来德光电材料股份有 限公司（以下简称"公司"）将参加由吉林证监局、吉林省证券业协 会、深圳市全景网络有限公司共同举办的"2023 年吉林辖区上市公司 网上集体业绩说明会"，现将有关事项公告如下： 本次集体业绩说明会将通过深圳市全景网络有限公司提供的互 联网平台举行，投资者可以登陆全景网"投资者关系互动平台" （http://ir.p5w.net）参与公司业绩说明会,时间为 2023 年 5 月 22 日（星期一）14:30 至 16:00。 证券代码：688378 证券简称：奥来德 公告编号：2023-037 吉林奥来德光电材料股份有限公司 关于参加网上集体业绩说明会的公告 届时公司董事长、总经理轩景泉，董事、副总经理、财务负责人 詹桂华，董事、副总经理、董事会秘书王艳丽将通过网络在线问答互 动的形式，与投资者就 2022 年经营业绩等投资者关注的问题进行交 流。期间，公司高管将全程在线，实时回答投资者的提问。投资者可 于2023年5月1 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥241,360,439.17, representing a year-on-year increase of 17.51%[5] - The net profit attributable to shareholders for the same period was ¥94,807,042.01, reflecting a growth of 10.12% compared to the previous year[5] - Basic and diluted earnings per share were both ¥0.9235, showing a decline of 21.55% year-on-year[6] - Total operating revenue for Q1 2023 was ¥241,360,439.17, an increase of 17.5% compared to ¥205,388,310.64 in Q1 2022[19] - Net profit for Q1 2023 reached ¥94,807,042.01, representing a 10.5% increase from ¥86,000,247.58 in Q1 2022[20] - The total profit for Q1 2023 was ¥106,349,637.42, up from ¥97,912,245.81 in Q1 2022, marking an increase of 4.4%[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥218,807,098.68, a significant decrease of 8,331.04%[9] - Cash flow from operating activities in Q1 2023 was ¥72,529,666.09, compared to ¥68,108,293.07 in Q1 2022, reflecting a growth of 6.0%[23] - The net cash flow from operating activities was -218,807,098.68, a significant decrease compared to 2,658,316.76 in the previous period, indicating a decline in operational efficiency[24] - The total cash and cash equivalents at the end of the period were 325,117,336.42, down from 808,393,924.96, highlighting a significant reduction in liquidity[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,075,955,016.86, down 3.37% from the end of the previous year[6] - As of March 31, 2023, the total assets of the company amounted to CNY 2,075,955,016.86, a decrease from CNY 2,148,379,546.52 at the end of 2022, reflecting a decline of approximately 3.4%[15] - The company's current assets totaled CNY 984,683,670.93, down from CNY 1,074,366,367.47, indicating a decrease of about 8.3%[16] - Total liabilities decreased to CNY 309,074,025.15 from CNY 478,496,293.13, reflecting a decline of about 35.4%[17] - The company reported a significant reduction in current liabilities from CNY 322,536,851.92 to CNY 156,549,918.01, a decrease of approximately 51.5%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,923[11] - The largest shareholder, Xuan Jingquan, holds 21.78% of the shares, totaling 22,363,320 shares[11] Research and Development - Research and development expenses totaled ¥29,318,613.70, accounting for 12.15% of operating revenue, a decrease of 2.11 percentage points[6] - Research and development expenses for Q1 2023 totaled ¥24,540,098.36, an increase of 40.5% compared to ¥17,423,170.05 in Q1 2022[19] Government Support and Other Income - The company received government subsidies amounting to ¥4,462,412.54, which are closely related to its normal business operations[7] - Other comprehensive income after tax for Q1 2023 was -¥537,092.16, compared to ¥355,586.39 in Q1 2022, showing a decline[20] - The company reported an investment loss of ¥34,846.13 in Q1 2023, a significant decrease from a gain of ¥368,501.98 in Q1 2022[19] Operational Expenditures - Total operating costs for Q1 2023 were ¥137,094,540.41, up 27.3% from ¥107,634,511.43 in Q1 2022[19] - Cash paid for employee compensation was 30,050,492.92, an increase from 23,515,768.57, indicating rising labor costs[24] - Cash paid for other operating activities surged to 209,775,059.40 from 7,500,344.35, reflecting increased operational expenditures[24]

Financial Performance - The company's operating revenue for 2022 was approximately ¥458.85 million, representing a year-on-year increase of 13.03%[21]. - The net profit attributable to shareholders for 2022 was approximately ¥113.02 million, a decrease of 16.93% compared to the previous year[21]. - The basic earnings per share for 2022 was ¥1.10, down 40.86% from ¥1.86 in 2021[22]. - The net cash flow from operating activities decreased by 85.53% to approximately ¥20.39 million in 2022[23]. - The company's total assets as of the end of 2022 were approximately ¥2.15 billion, a decrease of 1.84% from the previous year[21]. - The gross profit margin for the year was 54.60%[32]. - The company achieved a revenue of 459 million RMB in 2022, representing a year-on-year growth of 13.03%[32]. - The organic light-emitting materials segment generated 213 million RMB in revenue, a year-on-year increase of 48.12%[33]. - The sales revenue from evaporation source equipment decreased by 6.32%[23]. - The company reported a revenue increase of 15% year-over-year, reaching $500 million in Q3 2023[149]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year, representing a 20% growth compared to the previous year[151]. Research and Development - Research and development expenses accounted for 21.15% of operating revenue in 2022, slightly down from 21.26% in 2021[23]. - The company invested 97.05 million RMB in R&D, reflecting a year-on-year increase of 12.47%[34]. - The company is committed to continuous R&D investment to enhance product quality and diversify product offerings in the OLED materials and equipment sector[41]. - The company has developed high mobility electron transport materials that significantly reduce device driving voltage and improve luminous efficiency, addressing power consumption issues[62]. - The company is actively increasing R&D investments to enhance its product offerings and improve profitability, aiming for sustainable development[59]. - The company has established a domestic leading level in the production of high-performance organic light-emitting materials[78]. - The company is focusing on the development of new generation products and technologies in the OLED display equipment sector, including high-generation evaporation sources and small evaporation machines[134]. - The company plans to invest in research and development to support the launch of new products in the upcoming fiscal year[147]. - Investment in R&D increased by 30%, focusing on the development of new technologies and products to enhance market competitiveness[153]. Corporate Governance - The company has confirmed that all board members attended the board meeting, ensuring governance compliance[5]. - The company has not disclosed any special arrangements for corporate governance[8]. - The company continues to enhance its internal governance structure and internal control management systems in compliance with relevant laws and regulations[138]. - The independent directors have played a positive role in protecting the interests of minority shareholders[138]. - The company has held multiple shareholder meetings throughout the year, with resolutions published on the Shanghai Stock Exchange website[138]. - The company is committed to maintaining a clear division of responsibilities among its board, supervisory board, and management team[138]. - The company has not reported any issues regarding independence or autonomous operational capabilities concerning its controlling shareholders[138]. - The company has not faced any significant adverse impacts from competition with its controlling shareholders[138]. Market and Competition - The OLED industry is experiencing increased competition, which may affect the company's market position and pricing power[92]. - The company is focusing on expanding its market share by strengthening collaboration with customers and accelerating product upgrades[53]. - The company is actively involved in cooperative R&D with research institutions and other companies in the OLED industry to enhance its innovation capabilities[50]. - The company is exploring new strategies for market expansion, particularly in emerging markets[147]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[151]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 10 CNY per 10 shares (including tax) and to increase capital by 4 shares for every 10 shares held, resulting in a total cash dividend of 102,661,216 CNY and an increase of 41,064,486 shares, changing the total share capital to 143,725,702 shares[6]. - The total cash dividend distributed accounted for 90.83% of the net profit attributable to ordinary shareholders in the consolidated financial statements[176]. - The company has a cash dividend policy that protects the rights of minority investors, with clear standards and procedures in place[174]. - The company has made adjustments to its cash dividend policy in accordance with regulatory requirements during the reporting period[172]. Environmental and Social Responsibility - The company has invested 2.406 million yuan in environmental protection during the reporting period[191]. - The company has achieved a reduction of 3.5 tons in carbon emissions through clean production and resource-saving measures[199]. - The company has maintained compliance with environmental regulations, with no significant environmental pollution incidents reported during the reporting period[194]. - The company is actively participating in charity activities, reflecting its commitment to social responsibility[200]. - The company contributed 19.5 million yuan in material donations for public welfare activities[200]. Employee and Management - The company has a competitive compensation and benefits system to motivate employees and enhance organizational vitality[169]. - The company employed a total of 378 staff members, including 215 in the parent company and 163 in major subsidiaries[167]. - The average salary of R&D personnel increased to 32.33 thousand RMB from 22.58 thousand RMB in the previous period[81]. - Total compensation for directors, supervisors, and senior management at the end of the reporting period amounted to 1,877.09 million[156]. - Total compensation for core technical personnel at the end of the reporting period was 986.13 million[156].

Financial Performance - The company's operating revenue for Q3 2022 was ¥138,706,444.85, representing a year-on-year increase of 5.56%[5] - Net profit attributable to shareholders decreased by 19.60% year-on-year to ¥37,299,338.04[5] - The basic earnings per share for Q3 2022 was ¥0.44, down 30.16% compared to the same period last year[6] - Net profit for the third quarter of 2022 was ¥111,267,549.75, a decrease of 24.3% from ¥146,916,713.10 in the same quarter of 2021[21] - Basic earnings per share for the third quarter of 2022 were ¥1.33, down from ¥2.01 in the same quarter of 2021[23] Research and Development - Research and development expenses totaled ¥15,850,768.41, a decrease of 23.25% year-on-year, accounting for 11.43% of operating revenue[6] - Research and development expenses for the third quarter of 2022 amounted to ¥63,123,525.02, an increase of 56.5% compared to ¥40,319,037.97 in the previous year[21] - The company reported a significant increase in development expenses to ¥17,585,080.20 from ¥13,037,189.13, reflecting a rise of about 35.5%[17] - The company has not disclosed any new product or technology developments in the current report[15] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,112,713,469.52, a decrease of 3.47% from the end of the previous year[6] - The total current assets as of September 30, 2022, amounted to ¥1,108,898,983.28, a decrease from ¥1,344,449,450.19 at the end of 2021, reflecting a decline of approximately 17.5%[16] - The company's cash and cash equivalents decreased to ¥690,612,074.11 from ¥779,724,375.46, representing a decline of about 11.4%[16] - Accounts receivable increased to ¥136,804,567.31 from ¥98,002,787.49, marking an increase of approximately 39.5%[16] - The total non-current assets increased to ¥1,003,814,486.24 from ¥844,190,798.83, indicating a growth of around 18.9%[17] - The total current liabilities decreased to ¥277,379,660.77 from ¥352,982,951.10, a reduction of approximately 21.4%[17] - Total liabilities as of the end of the third quarter of 2022 were ¥437,101,518.01, down from ¥533,139,673.57 at the end of the same quarter in 2021[18] Cash Flow - Cash flow from operating activities for the year-to-date was ¥70,278,024.99, reflecting an increase of 55.82% due to higher sales collections[9] - Cash flow from operating activities for the first three quarters of 2022 was ¥70,278,024.99, compared to ¥45,102,315.98 in the same period of 2021, reflecting a significant improvement[23] - The company received cash inflows from operating activities totaling ¥412,115,247.16 for the first three quarters of 2022, compared to ¥352,015,176.90 in the same period of 2021[23] - The net cash flow from investment activities was -$21,064,929.09 for Q3 2022, compared to $438,927,852.50 in the same period last year[24] - Total cash inflow from investment activities amounted to $360,600,303.39, while cash outflow was $381,665,232.48, resulting in a net cash outflow[24] - Cash flow from financing activities showed a net outflow of -$100,301,825.51, compared to -$68,058,367.95 in Q3 2021[24] - The company reported a net decrease in cash and cash equivalents of -$51,663,071.45, contrasting with an increase of $415,958,212.65 in the previous year[24] - The ending balance of cash and cash equivalents was $671,437,584.57, down from $723,100,656.02 at the beginning of the period[24] Shareholder Information - The company's total equity attributable to shareholders increased by 1.21% to ¥1,675,611,951.51[6] - The number of ordinary shareholders at the end of the reporting period was 6,027[12] - Total equity attributable to shareholders reached ¥1,675,611,951.51, slightly up from ¥1,655,500,575.45 in the previous year[18] Future Outlook - There are no significant mergers or acquisitions reported during the quarter[15] - The company has not provided specific future guidance or market expansion strategies in the current report[15] Operating Costs - Total operating revenue for the first three quarters of 2022 reached ¥393,152,147.41, an increase of 2.2% compared to ¥382,309,307.34 in the same period of 2021[20] - Total operating costs for the first three quarters of 2022 were ¥280,881,547.65, up 12.2% from ¥250,336,017.71 in the previous year[20] - The company reported a decrease in tax expenses to ¥9,363,550.79 in the third quarter of 2022, down from ¥16,329,691.80 in the same quarter of 2021[21]

Financial Performance - The company's operating revenue for Q3 2022 was CNY 138,706,444.85, representing a year-on-year increase of 5.56%[5] - Net profit attributable to shareholders decreased by 19.60% to CNY 37,299,338.04 for the same period[5] - The basic earnings per share (EPS) for Q3 2022 was CNY 0.44, down 30.16% compared to the previous year[6] - Total operating revenue for the first three quarters of 2022 reached ¥393,152,147.41, an increase of 2.2% compared to ¥382,309,307.34 in the same period of 2021[19] - Net profit for the third quarter of 2022 was ¥111,267,549.75, a decrease of 24.3% from ¥146,916,713.10 in the same quarter of 2021[20] - Basic earnings per share for the third quarter of 2022 was ¥1.33, down from ¥2.01 in the same period last year[22] Research and Development - Research and development (R&D) expenses totaled CNY 30,379,736.61 in Q3 2022, an increase of 47.11% year-on-year, accounting for 21.90% of operating revenue[6] - Research and development expenses for the third quarter of 2022 totaled ¥63,123,525.02, an increase of 56.5% compared to ¥40,319,037.97 in the previous year[20] - The company plans to continue increasing its R&D investment to enhance innovation and product development capabilities[9] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,112,713,469.52, a decrease of 3.47% from the end of the previous year[6] - The total current assets as of September 30, 2022, amounted to RMB 1,125,454,029.70, a decrease from RMB 1,344,449,450.19 at the end of 2021, reflecting a decline of approximately 16.3%[15] - The company's cash and cash equivalents decreased to RMB 690,247,294.93 from RMB 779,724,375.46, representing a decline of about 11.4%[15] - Accounts receivable increased to RMB 136,804,567.31 from RMB 98,002,787.49, showing a growth of approximately 39.5%[15] - Inventory decreased to RMB 185,839,339.48 from RMB 213,000,334.46, indicating a reduction of about 12.7%[15] - Total non-current assets reached RMB 987,259,439.82, up from RMB 844,190,798.83, marking an increase of approximately 16.9%[16] - Current liabilities totaled RMB 277,379,660.77, a decrease from RMB 352,982,951.10, indicating a reduction of approximately 21.4%[16] - The company reported short-term borrowings of RMB 15,750,780.00, with no previous short-term borrowings reported[16] - The company’s accounts payable increased to RMB 86,808,338.34 from RMB 75,022,382.63, reflecting an increase of about 15.5%[16] - The company’s deferred income tax assets rose to RMB 45,445,831.44 from RMB 35,379,244.90, showing an increase of approximately 28.8%[16] - The total liabilities as of the end of the third quarter of 2022 amounted to ¥437,101,518.01, down from ¥533,139,673.57 at the end of the previous year[17] - The total equity attributable to shareholders of the parent company was ¥1,675,611,951.51, slightly up from ¥1,655,500,575.45 in the previous year[17] Cash Flow - The cash flow generated from operating activities for the year-to-date period was CNY 74,245,661.49, reflecting a significant increase of 64.62%[6] - Cash inflow from operating activities for the first three quarters of 2022 was ¥416,742,934.56, compared to ¥352,015,176.90 in the same period of 2021[23] - The net cash flow from operating activities for Q3 2022 was $74,245,661.49, an increase of 64.7% compared to $45,102,315.98 in Q3 2021[24] - The total cash inflow from investment activities was $360,600,303.39, down 77.5% from $1,600,516,898.24 in the previous year[24] - The net cash flow from investment activities was -$20,328,505.25, a significant decrease from $438,927,852.50 in Q3 2021[24] - The cash flow from financing activities resulted in a net outflow of -$104,274,071.11, compared to -$68,058,367.95 in the same quarter last year[24] - The total cash and cash equivalents at the end of Q3 2022 were $672,174,008.41, slightly up from $661,956,049.98 at the end of Q3 2021[24] - The cash outflow for investing activities was $380,928,808.64, down 67.2% from $1,161,589,045.74 in the previous year[24] - The cash outflow for financing activities, including dividend payments, was $120,024,851.11, compared to $73,136,700.00 in Q3 2021[24] - The cash flow from operating activities totaled $342,497,273.07, an increase from $306,912,860.92 in the previous year[24] - The company reported a decrease in cash flow due to foreign exchange fluctuations amounting to -$569,732.74[24] Shareholder Information - The company reported a total of 6,027 ordinary shareholders at the end of the reporting period[10] - The top shareholder, Xuan Jingquan, holds 22,363,320 shares, representing 21.78% of the total shares[11] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] - The company did not apply new accounting standards for the first time in 2022[25]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2022, representing a year-on-year growth of 25%[19]. - The company's operating revenue for the first half of 2022 was approximately CNY 254.45 million, representing a year-on-year increase of 1.41%[20]. - The net profit attributable to shareholders decreased by 25.77% to approximately CNY 74.62 million compared to the same period last year[22]. - The basic and diluted earnings per share were both CNY 1.0022, down 27.09% from CNY 1.3745 in the previous year[21]. - The net cash flow from operating activities fell by 287.79%, resulting in a negative cash flow of approximately CNY 22.03 million[22]. - The company's total assets decreased by 9.34% to approximately CNY 1,984.21 million compared to the end of the previous year[20]. - The company's total operating revenue for the first half of 2022 was RMB 254,445,702.56, a slight increase of 1.4% compared to RMB 250,910,414.23 in the first half of 2021[194]. - Net profit for the first half of 2022 was RMB 74,168,978.29, down 26.1% from RMB 100,525,624.12 in the first half of 2021[195]. - The company reported a financial expense of RMB -11,457,957.23, compared to RMB -2,742,005.86 in the same period last year, indicating a worsening financial position[194]. Research and Development - The company has allocated 100 million RMB for R&D in new technologies, focusing on sustainable materials and production processes[19]. - Research and development expenses accounted for 22.73% of operating revenue, an increase of 7.63 percentage points from the previous year[21]. - R&D investment increased by 52.61% year-on-year, totaling approximately ¥57.82 million, which represents 22.73% of operating revenue, up 7.63 percentage points[45]. - The company has developed a comprehensive R&D system, focusing on independent innovation and collaboration with research institutions and industry partners to enhance its technological capabilities[31]. - The company has established a blue light material development team led by industry experts from Japan and South Korea, focusing on theoretical calculations and material synthesis[41]. - The company is developing high mobility electron transport materials with a project budget of $12 million, aiming to improve device efficiency by 5%-10% and reduce power consumption by 0.1V[48]. - The company is focusing on the development of inkjet printing OLED materials, aiming to improve material utilization efficiency and reduce manufacturing costs[24]. Market Expansion and Strategy - The company is expanding its market presence, targeting an increase in market share by 10% in the Asia-Pacific region by the end of 2022[19]. - The company plans to enhance its online sales channels, aiming for a 50% increase in e-commerce revenue by the end of 2022[19]. - The company is actively expanding its market presence, particularly in the domestic market, targeting major downstream manufacturers like Huaxing and Tianma[64]. - The management has identified potential risks, including supply chain disruptions, which could impact production timelines and costs[4]. - The company is focusing on the strategic opportunity of "domestic substitution" in the new display industry[66]. Product Development - New product development includes the launch of a next-generation OLED material, expected to enhance performance by 30% over previous versions, with a projected market introduction in Q4 2022[19]. - The company is actively expanding its product range, focusing on hole transport materials, light-emitting materials, and electronic functional materials, while also developing core polymer materials for OLED applications[32]. - The company has successfully developed high-performance light-emitting materials, improving the luminous efficiency and stability of application devices[39]. - The company has made significant investments in R&D, with a focus on enhancing product quality and diversifying its product offerings to become a globally recognized player in the OLED materials and equipment sector[30]. Shareholder and Capital Management - The board has approved a profit distribution plan, proposing a dividend payout of 0.5 RMB per share for the first half of 2022[19]. - The company has committed to a stock lock-up period of 12 months following its initial public offering, with additional restrictions for key stakeholders[104]. - The company will adhere to regulations regarding share reduction and will ensure that any reduction price does not fall below the IPO price within two years post-lock-up[114]. - The company has implemented a stock incentive plan, with the latest meeting held on March 14, 2021, to review the 2021 restricted stock incentive plan[92]. - The company has a total of 6,808 common stock shareholders as of the end of the reporting period[168]. Environmental Responsibility - The company reported no environmental pollution incidents during the reporting period and complied with relevant environmental laws and regulations[98]. - Wastewater generated during operations meets the Class III discharge standards as per national regulations[98]. - The company has implemented strict control measures for pollutants generated during production, achieving compliance with emission standards[101]. - The company continues to adhere to its "green development" philosophy since its establishment[101]. Risks and Challenges - The management has identified potential risks, including supply chain disruptions, which could impact production timelines and costs[4]. - The company faces risks related to core technology leakage and the loss of key technical personnel[68]. - The company has reported a 100% decrease in receivables financing, with the current amount at ¥0 compared to ¥18,888,849.60 last year[78]. Legal and Compliance - There are no significant lawsuits or arbitration matters reported during the reporting period[145]. - The company has not experienced any non-compliance issues or penalties during the reporting period[145]. - The company guarantees that the public offering of shares and listing on the Sci-Tech Innovation Board does not involve any fraudulent issuance[130].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 205,388,310.64, representing a year-on-year increase of 58.75%[5] - The net profit attributable to shareholders was CNY 86,095,144.90, reflecting a growth of 65.23% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 81,823,305.34, with a significant increase of 93.04% year-on-year[5] - Basic earnings per share for the period were CNY 1.1772, up by 65.22% from the previous year[6] - Total revenue for Q1 2022 reached ¥205,388,310.64, a significant increase from ¥129,375,153.61 in Q1 2021, representing a growth of approximately 58.7%[20] - Operating profit for Q1 2022 was ¥97,962,415.12, compared to ¥59,869,149.73 in Q1 2021, indicating an increase of about 63.5%[21] - Net profit for Q1 2022 amounted to ¥86,000,247.58, up from ¥52,106,890.18 in Q1 2021, reflecting a growth of approximately 64.9%[21] - Basic and diluted earnings per share for Q1 2022 were both ¥1.1772, compared to ¥0.7125 in Q1 2021, marking an increase of about 65.3%[22] - The company reported a total comprehensive income of ¥86,355,833.97 for Q1 2022, compared to ¥52,106,890.18 in Q1 2021, an increase of about 65.5%[21] Research and Development - The total R&D investment amounted to CNY 29,278,605.83, which is an increase of 68.87% year-on-year, accounting for 14.26% of operating revenue[6][11] - Research and development expenses for Q1 2022 were ¥17,423,170.05, compared to ¥11,200,063.09 in Q1 2021, indicating an increase of approximately 55.7%[20] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 2,145,515,791.60, a decrease of 1.97% from the end of the previous year[6] - As of March 31, 2022, the company's total assets amounted to CNY 2,145,515,791.60, a decrease from CNY 2,188,640,249.02 as of December 31, 2021[17] - The company's current assets totaled CNY 1,254,683,324.69, down from CNY 1,344,449,450.19 in the previous period[18] - Total liabilities decreased from ¥533,139,673.57 in the previous year to ¥401,166,732.04 in Q1 2022, a reduction of approximately 25%[20] - The total liabilities and equity structure remains stable, with a focus on maintaining liquidity and managing debt levels[16] Cash Flow - The net cash flow from operating activities was CNY 2,658,316.76, with no applicable year-on-year comparison[5][11] - Cash inflow from operating activities in Q1 2022 was $96,878,546.92, a significant increase from $22,998,534.18 in Q1 2021, representing a growth of approximately 321%[23] - Net cash flow from operating activities turned positive at $2,658,316.76 in Q1 2022, compared to a negative cash flow of -$68,351,254.98 in Q1 2021[23] - Cash inflow from investment activities in Q1 2022 was $232,799,824.56, down from $574,935,658.56 in Q1 2021, indicating a decrease of about 60.5%[24] - Net cash flow from investment activities improved to $82,810,352.78 in Q1 2022, compared to a negative cash flow of -$22,271,525.05 in Q1 2021[24] - The net increase in cash and cash equivalents for Q1 2022 was $85,293,268.94, contrasting with a decrease of -$90,622,780.03 in Q1 2021[24] - The ending balance of cash and cash equivalents as of Q1 2022 was $808,393,924.96, compared to $230,575,524.38 at the end of Q1 2021[24] Operational Efficiency - The company experienced a significant increase in sales revenue from organic light-emitting materials and evaporation source equipment, driving overall revenue growth[10] - The company is actively monitoring market conditions and adjusting strategies to enhance operational efficiency and growth potential[16]