1 证券代码：688618 证券简称：三旺通信 公告编号：2021-037 深圳市三旺通信股份有限公司 关于参加 2021 深圳辖区"沟通传递价值，交流创造良好生态" 上市公司投资者网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流工作，深圳市三旺通信股份有限公司（以下简称 "公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办的"沟通传 递价值，交流创造良好生态"——2021 深圳辖区上市公司投资者网上集体接待日活动， 现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网络远程 的方式举行，投资者可以登录"全景•路演天下"网站 （http://rs.p5w.net/）或关注 微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间为 2021 年 11 月 30 日 14:00 至 17:00，其中公司与投资者互动的时间为 15:30 至 17:00。 届时公司董事会秘书熊莹莹女士、财务总监袁玲女士将通过网络文 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥66,454,205.62, representing a year-on-year increase of 13.82%[5] - The net profit attributable to shareholders for Q3 2021 was ¥16,813,954.29, a decrease of 12.86% compared to the same period last year[5] - The basic earnings per share for Q3 2021 was ¥0.33, down 35.29% year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥171,918,551.02, an increase of 19.6% compared to ¥143,660,466.28 in the same period of 2020[22] - Net profit for the first three quarters of 2021 was ¥42,020,837.33, a decrease of 13.5% from ¥48,327,157.44 in the same period of 2020[23] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.83, down from ¥1.28 in the previous year[24] Research and Development - Research and development expenses totaled ¥13,547,546.43 in Q3 2021, an increase of 37.18% year-on-year, accounting for 20.39% of operating revenue[6] - The company plans to continue increasing R&D investment to maintain market competitiveness in the rapidly growing industrial internet sector[8] - Research and development expenses increased to ¥37,717,497.56, representing a 57.9% rise from ¥23,859,810.15 in the same period of 2020[22] - The company is developing AI image recognition technology and Bluetooth IoT technology for vocational education training solutions[15] Assets and Liabilities - The total assets at the end of the reporting period were ¥829,937,836.15, reflecting a 9.40% increase from the end of the previous year[6] - Total assets as of the end of the third quarter of 2021 amounted to ¥829,937,836.15, compared to ¥758,609,184.17 at the end of the previous year[19] - Total liabilities increased to ¥135,379,041.19, up from ¥85,860,228.54 in the previous year[19] - Total liabilities remained stable at CNY 85,860,228.54, consistent with the previous year[30] - The total assets reached 758,609,184.17, indicating a stable financial position[31] Cash Flow - The net cash flow from operating activities decreased by 30.92% due to a 45% increase in cash payments to employees compared to the same period last year[8] - Operating cash inflow for the first three quarters of 2021 was CNY 163,874,439.77, an increase of 32.2% compared to CNY 123,910,155.95 in the same period of 2020[26] - Net cash flow from operating activities was CNY 12,954,451.69, down 30.8% from CNY 18,752,079.99 year-on-year[26] - Cash inflow from investment activities totaled CNY 758,699,846.15, significantly up from CNY 206,565,506.85 in the previous year, marking a 267.5% increase[27] - Net cash outflow from investment activities was CNY -313,975,788.38, compared to CNY -118,822,011.21 in the same period last year[27] - Cash inflow from financing activities was CNY 30,000,000.00, up from CNY 16,000,000.00, representing an increase of 87.5%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,019[10] - The company’s major shareholders control a total of 64.27% of the shares, with the largest shareholder holding 12.86% directly[13] - The company has engaged in stock lending activities, with a total of 181,000 shares lent out during the reporting period[13] Investments - The company has invested ¥1.5 million in a new subsidiary, Sanwang Qizhi (Shanghai) Information Technology Co., Ltd., holding a 30% stake, focusing on AI and IoT technology development[15] - The company reported an investment income of ¥8,698,996.16 for the first three quarters of 2021, compared to ¥1,565,506.85 in the previous year[22] Financial Health - The company’s total equity attributable to shareholders was ¥694,558,794.96 at the end of the reporting period, up 3.24% from the previous year[6] - The company reported an unallocated profit of 115,040,767.72, reflecting strong retained earnings[31] - The capital reserve stood at 489,748,360.66, showcasing robust financial backing[31] - The company maintains a strong capital structure with a significant equity base[31] - The financial report reflects a comprehensive overview of the company's fiscal health as of Q3 2021[31]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with total revenue reaching 500 million RMB, representing a year-on-year growth of 25%[11]. - The company's operating revenue for the first half of 2021 was ¥105,464,345.40, representing a 23.67% increase compared to the same period last year[19]. - The net profit attributable to shareholders for the same period was ¥25,206,883.04, a decrease of 13.17% year-on-year[19]. - The basic and diluted earnings per share were both ¥0.50, reflecting a decline of 35.06% compared to the same period last year[18]. - Operating profit was 28.54 million yuan, a decrease of 8.60% year-on-year, while net profit attributable to shareholders was 25.21 million yuan, down 13.17%[88]. - The net cash flow from operating activities was ¥8,272,924.09, down 20.99% from the previous year, primarily due to a 47.40% increase in cash paid to employees[20]. Research and Development - The company plans to invest 100 million RMB in R&D for new technologies in the upcoming year, focusing on industrial internet solutions[11]. - The company's R&D expenditure accounted for 22.92% of operating revenue, an increase of 6.52 percentage points year-on-year[18]. - R&D expenses increased by 72.84% year-on-year, totaling approximately ¥24.17 million, representing 22.92% of operating revenue[67]. - The number of R&D personnel increased to 175, representing 38.98% of the total workforce, up from 33.05% in the previous period[80]. - The company achieved a total of 28 new intellectual property applications during the reporting period, with 21 granted, bringing cumulative totals to 251 applications and 164 grants[66]. Market Expansion and Strategy - The company is expanding its market presence, targeting an increase in market share by 15% in the next year through strategic partnerships and marketing initiatives[11]. - The company provided a positive outlook for the second half of 2021, projecting a revenue increase of 30% compared to the first half, aiming for a total revenue of 650 million RMB[11]. - The company is focused on the digitalization of industrial systems, which provides a good opportunity for business development[20]. - The company is actively developing new technologies in smart cities and rail transit, including an edge distributed AI analysis system and TSN technology[90]. - The company has built a strong reputation and customer base, including partnerships with major enterprises like State Grid and China CNR[84]. Product Development and Innovation - New product development is underway, with the launch of two innovative communication technologies expected by Q4 2021, which are anticipated to enhance market competitiveness[11]. - The company has established a comprehensive product system, including industrial Ethernet switches and wireless products, to meet the demands of various industries[27]. - The company has developed a modular product technology that integrates software and hardware, offering high reliability and efficiency, applicable in smart cities and various industrial communication fields[58]. - The company has launched and mass-produced the TBW6200 series of dual-layer Ethernet switches, totaling 4 models, enhancing communication solutions for subway PIS systems[72]. - The company has developed a multi-protocol conversion platform with leading performance, aimed at enhancing data transmission capabilities in complex industrial networks[72]. Risks and Challenges - The company has no significant risks impacting operations, ensuring a stable business environment for growth and expansion[3]. - The company faces risks related to the fluctuation of key raw material supplies, particularly chips, which are primarily sourced from overseas suppliers[101]. - The company is at risk of losing key technical R&D personnel due to high competition for talent in the industrial internet communication sector[99]. - The expiration of the high-tech enterprise certificate in November 2021 could lead to an increase in the corporate income tax rate from 15% to 25% if not renewed[103]. - The company is exposed to macroeconomic risks, including uncertainties from the ongoing COVID-19 pandemic and international trade tensions, which may impact future demand[105]. Corporate Governance and Compliance - The company remains committed to corporate governance, with all board members present at the meeting, ensuring transparency and accountability[4]. - There are no non-operational fund occupations by controlling shareholders, maintaining financial integrity[6]. - The company has not reported any environmental violations or penalties during the reporting period[132]. - The company continues to comply with environmental regulations and has not faced any administrative penalties related to environmental issues[132]. - The company has committed to a share lock-up period of 36 months from the date of listing, starting from May 10, 2020, which has been strictly adhered to by the controlling shareholders and key personnel[135]. Financial Management and Investments - The company has approved the use of up to RMB 25,000 million of temporarily idle raised funds for cash management, ensuring compliance with relevant regulations[192]. - The total amount of raised funds is RMB 38,440.08 million, with RMB 15,632.79 million invested in the current year[192]. - Cumulative investment in raised funds reached RMB 15,861.24 million, with a shortfall of RMB 22,578.84 million compared to the committed investment amount[192]. - The company has initiated a stock repurchase plan to stabilize its stock price, with a maximum repurchase price not exceeding the latest audited net asset value per share[161]. - The company will strengthen the management of raised funds to ensure their proper and effective use, with a focus on designated investment projects as outlined in the prospectus[173].

Financial Performance - Operating revenue for the period was ¥38,816,423.51, representing a year-on-year increase of 39.62%[7] - Net profit attributable to shareholders was ¥5,772,229.92, a decrease of 21.59% compared to the same period last year[7] - Basic and diluted earnings per share were both ¥0.11, down 42.11% from ¥0.19 in the same period last year[7] - Total operating revenue for Q1 2021 reached ¥38,816,423.51, a 39.7% increase from ¥27,800,758.48 in Q1 2020[50] - Net profit for Q1 2021 was ¥5,772,229.92, a decrease of 21.5% compared to ¥7,361,485.16 in Q1 2020[51] - The total profit for Q1 2021 was ¥5,827,523.42, down from ¥7,717,721.08 in Q1 2020[51] - The company's net profit for Q1 2021 was ¥6,266,885.29, a decrease of 15.1% compared to ¥7,391,460.81 in Q1 2020[55] - Operating profit for Q1 2021 was ¥6,317,570.92, down from ¥7,726,984.56 in the same period last year, reflecting a decline of 18.2%[55] Cash Flow - The net cash flow from operating activities was ¥8,304,576.94, a significant increase of 357.07% year-on-year[7] - Cash inflow from operating activities totaled ¥52,216,796.40 in Q1 2021, compared to ¥30,891,858.16 in Q1 2020, representing an increase of 69.0%[57] - The net cash flow from operating activities was ¥8,304,576.94, a significant increase from ¥1,816,927.53 in Q1 2020[58] - The company reported cash outflow from investing activities of ¥432,644,066.21 in Q1 2021, compared to ¥100,201,403.24 in Q1 2020[58] - The net cash flow from investing activities was -¥311,844,612.09, indicating a substantial increase in investment activities compared to -¥100,201,403.24 in the previous year[58] - The company experienced a net cash outflow from financing activities of -¥18,135,000.32 in Q1 2021, compared to an inflow of ¥4,300,000.00 in Q1 2020[59] Assets and Liabilities - Total assets at the end of the reporting period reached ¥766,042,009.29, an increase of 0.98% compared to the end of the previous year[7] - The company's cash and cash equivalents decreased by 71.90% to RMB 12,572.60 million from RMB 44,738.08 million at the end of 2020[18] - The trading financial assets increased from ¥100,000,000.00 at the end of 2020 to ¥390,000,000.00, marking a growth of 290%[43] - Total liabilities increased to ¥87,296,212.11, compared to ¥85,827,120.04 in the previous year[49] - Current liabilities reached $85.83 million, primarily driven by accounts payable of $44.89 million and short-term borrowings of $12.09 million[68] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,361[14] - The top shareholder, Shenzhen Qilingdai Holdings Co., Ltd., held 20,000,000 shares, accounting for 39.58% of total shares[14] Research and Development - Research and development expenses accounted for 29.24% of operating revenue, an increase of 7.57 percentage points compared to the previous year[8] - Research and development expenses increased by 88.44% to RMB 1,135.02 million, up from RMB 602.31 million in the same period last year[27] - Research and development expenses rose to ¥11,350,244.46, an increase of 88.8% from ¥6,023,050.50 in Q1 2020[50] Other Financial Metrics - The company reported a total of ¥1,505,129.75 in non-recurring gains and losses for the period[11] - The company reported a credit impairment loss of ¥149,155.22, compared to a loss of ¥288,515.04 in Q1 2020[50] - Other income for Q1 2021 was ¥3,284,207.31, an increase from ¥2,557,884.04 in Q1 2020[50] Inventory and Receivables - The company's inventory increased from ¥55,106,436.24 to ¥65,314,074.77, representing a rise of approximately 18.5%[43] - The company's accounts receivable decreased from ¥81,429,430.78 to ¥73,571,788.59, a decline of about 9.6%[43] - The company reported a significant increase in other receivables from ¥556,727.42 to ¥2,706,493.98, which is an increase of approximately 386%[43] Investment Activities - The company’s investment income rose to RMB 79.95 million, compared to no investment income in Q1 2020[27] - The company's non-current assets increased from ¥26,653,429.08 to ¥57,697,175.76, reflecting a growth of approximately 116.5%[44]

Financial Performance - The company's operating revenue for 2020 was CNY 209,193,068.15, an increase of 21.29% compared to CNY 172,467,827.82 in 2019[23]. - The net profit attributable to shareholders for 2020 was CNY 64,432,071.61, reflecting an 11.11% increase from CNY 57,989,273.63 in 2019[26]. - The net cash flow from operating activities reached CNY 36,031,879.61, a significant increase of 42.02% compared to CNY 25,370,613.00 in the previous year[26]. - Total assets at the end of 2020 amounted to CNY 758,609,184.17, representing a 183.09% increase from CNY 267,978,244.70 at the end of 2019[26]. - The net assets attributable to shareholders increased to CNY 672,748,955.63, a growth of 200.45% from CNY 223,916,048.28 in 2019[26]. - The basic earnings per share for 2020 was CNY 1.70, up 7.59% from CNY 1.58 in 2019[24]. - The company achieved a total revenue of 54 million RMB, with a net profit of approximately 36.68 million RMB, representing a year-on-year increase of 42.54 million RMB[120]. Dividend and Share Capital - The company plans to distribute a cash dividend of 4 CNY per 10 shares, totaling approximately 20,210,998 CNY, which represents 31.37% of the net profit attributable to shareholders for 2020[5]. - The total share capital of the company is 50,527,495 shares as of the report date[5]. - The company has not proposed any capital reserve transfer to increase share capital or bonus shares for the year[5]. Research and Development - The R&D expenditure as a percentage of operating revenue was 17.58%, an increase of 1.42 percentage points from 16.16% in 2019[25]. - R&D expenses increased by 31.95% year-on-year, totaling approximately ¥36.78 million, attributed to an increase in the number of R&D personnel and their salaries[111]. - The company has applied for 28 invention patents and 16 utility model patents during the reporting period, with a total of 214 applications and 133 granted patents to date[107]. - The company has developed core technologies to address harsh industrial environments, including electromagnetic compatibility and environmental adaptability, enhancing product reliability and safety[36]. - The company has established multiple testing laboratories to support technology and product validation, enhancing its R&D capabilities[126]. Market and Industry Trends - The industrial internet market size in China grew from CNY 414.53 billion in 2016 to CNY 535.89 billion in 2018, representing a year-on-year growth of 13.8%[44]. - The projected compound annual growth rate (CAGR) for the Chinese industrial internet market is 14.1%, with an expected market size of CNY 796.04 billion by 2021[44]. - The penetration rate of industrial Ethernet in China remains low, suggesting substantial potential for market expansion[46]. - The company is actively expanding its presence in high-end applications across various sectors, including smart cities, mining, and rail transportation[49]. - The demand for industrial internet communication products in the railway sector is expected to grow significantly due to ongoing electrification and the large-scale construction of high-speed rail passenger lines[72]. Operational Risks and Compliance - The company has disclosed various operational risks and corresponding countermeasures in the report[4]. - The company emphasizes the importance of reading the report carefully to understand investment risks[4]. - There are no non-operating fund occupations by controlling shareholders or related parties[7]. - The company has not violated decision-making procedures for external guarantees[7]. - The company faces risks related to the potential leakage of core technologies, which could harm its competitive edge[146]. - There is a significant risk of losing key technical personnel, which could adversely affect the company's innovation capabilities[147]. Product Development and Innovation - The company has developed a modular product technology that integrates software and hardware, offering high efficiency and reliability, applicable in smart cities and various industrial sectors[95]. - The company has introduced a self-healing architecture that effectively avoids communication failures caused by master station outages, improving fault recovery efficiency[96]. - The company’s SW-Ring redundancy algorithm supports various networking methods and ensures communication continuity during network failures, with recovery times under 2ms[96]. - The company has successfully launched a vehicle-mounted gateway product for rail transit, meeting the demand for domestic chip localization in industrial Ethernet communication devices[103]. - The company has developed a new oilfield remote terminal device that integrates various industrial bus protocols, enhancing customization capabilities for clients[128]. Financial Management - The total amount of non-recurring gains and losses for 2020 was CNY 4.5 million, reflecting the company's ability to manage non-operational financial impacts effectively[31]. - The company received government subsidies amounting to CNY 2.48 million in 2020, which positively impacted its financial performance[30]. - The gross profit margin decreased by 1.64 percentage points due to changes in revenue recognition and increased operating costs, which rose by 27.24%[139]. - The company reported a significant increase in inventory levels, with a 50.41% rise in total inventory compared to the previous year[161]. - The net cash flow from investing activities was -124,895,664.14 RMB, a decrease of 700.47% due to increased investments in structured deposits[177]. Strategic Partnerships and Market Expansion - The company has established strong partnerships with major clients, including state-owned enterprises and listed companies, enhancing its market recognition[50]. - The company maintains strong partnerships with major clients such as State Grid and China Railway, fostering collaborative development and customer loyalty[128]. - The company is focused on expanding its multi-industry layout and application scenarios, enhancing its market share in high-end fields[130]. - The company expanded its market presence in East China, North China, and South China, contributing to overall revenue growth[139].