Financial Performance - In Q1 2023, the company reported a revenue of ¥237,744,224.15, a decrease of 24.54% compared to the same period last year[2] - The net profit attributable to shareholders was ¥40,872,178.83, down 22.97% year-on-year, primarily due to a 28.27% decline in export sales[4] - Total operating revenue for Q1 2023 was ¥237,744,224.15, a decrease of 24.6% compared to ¥315,055,711.17 in Q1 2022[17] - Net profit for Q1 2023 was ¥40,259,176.36, a decline of 23.7% from ¥52,820,685.89 in Q1 2022[18] - The total comprehensive income for Q1 2023 was CNY 34,918,881.39, a decrease of 32% from CNY 51,611,724.34 in Q1 2022[29] Research and Development - The company increased its R&D investment to ¥18,670,680.83, representing a year-on-year growth of 25.91%, which accounted for 7.85% of total revenue[3] - Research and development expenses for Q1 2023 were ¥18,670,680.83, up 26.5% from ¥14,828,084.13 in Q1 2022[17] - Research and development expenses increased to CNY 15,792,472.31, up 24% from CNY 12,736,345.72 in Q1 2022[28] Cash Flow and Liquidity - The net cash flow from operating activities was ¥117,440,479.17, with an increase in advance payments from domestic sales[4] - Cash received from sales of goods and services in Q1 2023 was ¥270,238,853.68, an increase of 52.3% from ¥177,440,766.99 in Q1 2022[20] - Cash flow from operating activities generated a net amount of CNY 128,780,448.59, compared to a negative cash flow of CNY -41,898,272.07 in Q1 2022[31] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 347,318,478.73, an increase from CNY 110,146,877.87 at the end of Q1 2022[31] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,340,779,746.61, reflecting a 10.11% increase from the end of the previous year[3] - Total liabilities as of Q1 2023 amounted to ¥238,601,511.38, compared to ¥158,573,119.81 in the previous year, reflecting a 50.5% increase[16] - The company's total assets reached CNY 1,294,689,477.40 as of March 31, 2023, compared to CNY 1,155,856,522.40 at the end of 2022, marking an increase of 12%[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,059[9] - The company’s actual controllers hold a combined voting power of 59.15% through various entities[11] - Total equity attributable to shareholders was ¥1,102,395,441.87 in Q1 2023, up from ¥1,058,684,820.32 in Q1 2022[16] Operational Insights - The company experienced a slight decline in revenue and net profit due to the impact of the Lunar New Year holiday and delayed overseas customer orders[12] - The company expects significant improvement in overseas customer demand with a strong order backlog for Q2 2023[12] - The company is focusing on upgrading its product structure and launching higher-margin mid-to-high-end products[12]

Financial Performance - The proposed cash dividend for 2022 is CNY 3.80 per 10 shares, totaling CNY 41,961,120, which accounts for 35.74% of the net profit attributable to shareholders[5]. - The company has not reported any significant risks that could materially affect its operations during the reporting period[4]. - The company has not been profitable since its listing, indicating ongoing challenges in achieving profitability[4]. - The company achieved operating revenue of RMB 891.42 million in 2022, a year-on-year increase of 5.85%[21]. - The net profit attributable to shareholders reached RMB 117.41 million, reflecting a growth of 7.99% compared to the previous year[23]. - The basic earnings per share (EPS) for 2022 was RMB 1.06, up 4.95% from RMB 1.01 in 2021[21]. - The gross profit margin improved from 34.16% in 2021 to 36.15% in 2022[23]. - Operating cash flow for the year was RMB 93.52 million, a notable change from the previous year's cash flow[23]. - The company reported a net cash flow from operating activities of CNY 93.52 million, a significant recovery from a negative cash flow in the previous year[116]. - The total assets at the end of 2022 were RMB 1,217.65 million, a decrease of 1.85% from the previous year[21]. - The company reported a net cash flow from investment activities of -230.93 million RMB in 2022, indicating ongoing investments in projects[136]. - The total liabilities decreased by 45.94% to 897.02 million RMB, primarily due to reduced inventory purchases[140]. Research and Development - Research and development (R&D) expenses accounted for 8.02% of operating revenue, an increase of 0.97 percentage points from the previous year[21]. - The company’s R&D investment reached 71.52 million yuan, an increase of 20.51% year-on-year, accounting for 8.02% of total revenue, up by 0.97 percentage points from the previous year[30]. - The company submitted a total of 84 intellectual property applications during the reporting period, including 16 invention patents, 35 utility model patents, and 31 design patents[30]. - The company has accumulated 412 patents, including 57 invention patents, 161 utility model patents, and 194 design patents, showcasing its strong R&D capabilities[60]. - The company’s R&D investment has continuously improved its product structure and overall competitiveness in the market[61]. - The company has developed a high-resolution infrared thermal imager with features such as image mode switching, temperature measurement, and data communication, directly competing with leading domestic and international products[71]. - The company has achieved a breakthrough in the measurement technology for live insulation resistance, primarily used in photovoltaic and energy storage fields[69]. - The company is focusing on expanding its overseas market presence, which may be affected by political and economic changes in target regions[109]. Product Development and Innovation - The company launched several high-end products, including the UT195Ex and UT219Ex, which meet CAT III 1000V/CAT IV 600V safety standards and are suitable for industries with special requirements[34]. - The MSO7000X series mixed-signal oscilloscopes, with a bandwidth of 2.5GHz and a sampling rate of 10GSa/s, have entered mass production, with over 60 pre-orders received[37]. - The company completed the R&D of the UT5300 series safety testing instruments, achieving mass production goals[31]. - The company plans to launch new products in 2023, including photovoltaic clamp meters and maximum power testing instruments for photovoltaic modules[62]. - The company is set to introduce a series of high-resolution infrared thermal imaging instruments, including models with resolutions of 384x288 and 640x480[65]. - The company will release a series of mixed-signal oscilloscopes with bandwidths of 20GSa/s and 4GHz, as well as a 26.5G spectrum analyzer series in 2023[65]. - The company has developed portable measurement devices with advanced signal processing algorithms, improving usability and functionality[80]. - The company is committed to improving its gross margin by developing high-value-added products and phasing out low-margin products, thereby increasing the revenue share of mid-to-high-end products[156]. Market and Sales - The company expanded its global marketing network, with domestic revenue of 36,504.92 million yuan and overseas revenue of 51,601.60 million yuan in 2022[40]. - The company has established a mature sales channel, with its own brand sold in over 80 countries and regions, and nearly 200 overseas distributors[61]. - The company has expanded its sales channels to include e-commerce platforms like Tmall and JD, enhancing its market reach and consumer accessibility[54]. - The company is focused on expanding its market presence through the development of new products and technologies[81]. - The company plans to focus on expanding its e-commerce operations and enhancing product development in the upcoming year[121]. - The company is actively pursuing technological breakthroughs to achieve product high-endization and improve its risk resistance capabilities[151]. Governance and Compliance - The company’s board of directors has fully attended the board meetings, ensuring governance compliance[5]. - The company has implemented a comprehensive information management system to enhance operational efficiency and decision-making capabilities[105]. - The company is committed to maintaining transparency in its financial reporting and management practices[168]. - The company has a long-term employment strategy for core technical personnel, with several having been with the company since 2005[168]. - The company has a diverse management team with extensive experience in various sectors, enhancing its operational capabilities[168]. - The company maintains a strong governance structure with independent directors overseeing key decisions[168]. Employee and Talent Management - The company has a total of 231 R&D personnel, accounting for 21.92% of the total workforce, with an average salary of RMB 22.10 thousand[102]. - The company has a comprehensive training program for employees, aligning training needs with strategic business goals to enhance core competitiveness[190]. - The company has established a systematic approach to assess training needs annually across departments to support employee development[190]. - The total pre-tax remuneration for the chairman and general manager, Hong Shaojun, is CNY 2.56 million[165]. - The total pre-tax remuneration for the vice chairman and core technology manager, Hong Shaolin, is CNY 2.52 million[165]. Risks and Challenges - The company has faced risks related to new product development and the potential loss of core technical personnel, which could impact its competitive edge[109]. - The company is exposed to macroeconomic risks, including uncertainties from international political and economic environments, which could impact production and sales[112]. - The company faced financial risks due to potential exchange rate fluctuations, particularly with its overseas sales primarily settled in USD[110].

2022 年第三季度报告 证券代码：688628 证券简称：优利德 优利德科技（中国）股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人洪少俊、主管会计工作负责人张兴及会计机构负责人（会计主管人员）高志超保 证季度报告中财务信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 1 / 19 单位：元 币种：人民币 项目 本报告期 本报告期 比上年同 期增减变 动幅度(%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 174,840,820.30 -8.05 695,760,111.61 2.78 归属于上市公司股东的 净利润 15,663,245.74 -36.31 92,552,859.73 -7.59 归属于上市公司 ...

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2022, representing a year-on-year increase of 15%[12]. - The company achieved operating revenue of CNY 520.92 million in the first half of 2022, a year-on-year increase of 7.01%[17]. - Net profit attributable to shareholders was CNY 76.89 million, reflecting a growth of 1.75% compared to the same period last year[20]. - The company's basic earnings per share decreased by 2.78% to CNY 0.70, while diluted earnings per share remained the same[18]. - The company reported a total revenue of 119,550,000.00 RMB for the first half of 2022, with a net profit of 32,082,411.15 RMB, representing a significant increase from the previous year's 71,380,551.74 RMB[56]. - The company reported a significant increase in revenue, achieving a total of $500 million for the quarter, representing a 25% year-over-year growth[119]. - The company reported a net profit for the period of 841,472.53, reflecting a strong performance in profitability metrics[195]. Research and Development - Research and development expenses increased by 25% in the first half of 2022, reflecting the company's commitment to innovation and new technology[12]. - Research and development expenses amounted to CNY 32.08 million, representing a significant increase of 46.65% year-on-year, with R&D expenses accounting for 6.16% of operating revenue[22]. - R&D expenses increased by 46.65% year-over-year, totaling ¥32,082,411.15 compared to ¥21,876,418.08 in the same period last year[49]. - The company has developed 21 core technologies and holds 383 patents, including 53 invention patents, showcasing its strong innovation capabilities[61]. - The company is currently developing several advanced products, including a 20G sampling oscilloscope with a real-time sampling rate of 20GSPS and a storage depth of 1Gpts, with a total investment of ¥10,000,000[52]. - The company has completed 6 R&D projects and has 17 ongoing projects, with 29 intellectual property applications filed during the reporting period[67]. Market Expansion - The company plans to launch two new products in Q3 2022, aiming to capture a larger market share in the precision instrument sector[12]. - The company is expanding its market presence in Southeast Asia, with plans to establish a regional office in Singapore by the end of 2022[12]. - The company plans to continue expanding its overseas market presence and increasing R&D investment to support future growth[28]. - The company is actively expanding its global marketing network, participating in industry exhibitions to enhance brand influence and attract new customers[71]. - The company is focused on developing new products, including advanced testing instruments, to meet customer needs and enhance product value[60]. Product Development and Innovation - The company has achieved significant advancements in core technologies, including a breakthrough in safety protection with capabilities to withstand impulse voltages of 4kV, 8kV, and 12kV, reaching a leading level in the domestic market[33]. - The company has developed a wireless interconnected instrument system that allows for remote control and data transmission, enhancing operational efficiency and safety in high-risk environments[34]. - The company has optimized linear signal processing algorithms for temperature and environmental products, enhancing performance against electromagnetic and environmental temperature interference, with products meeting international standards[36]. - The company plans to launch high-bandwidth oscilloscopes with sampling rates of 20GS/s and bandwidths of 2.5GHz by Q4 2022, showcasing significant technological advancements[38]. - The company has introduced an arc fault tester capable of simulating an arc to quickly detect the tripping ability of arc protection devices, utilizing a pulse current of over 120A for 3 milliseconds[41]. Risk Management - The board has identified potential risks including supply chain disruptions and regulatory changes, with mitigation strategies outlined in the report[12]. - The company has committed to ensuring compliance with social insurance and housing fund contributions, stating that any penalties or losses incurred will be fully borne by the controlling shareholders[122]. Shareholder and Governance - The company’s controlling shareholders and related parties have committed to a 36-month lock-up period for shares issued prior to the IPO, during which they will not transfer or manage these shares[106]. - The company has outlined specific steps to ensure compliance with these commitments, including potential penalties for non-compliance[108]. - The company has committed to maintaining stock price stability for three years post-IPO, with a plan approved by the board and shareholders[111]. - The company will implement necessary measures to ensure compliance with the stock price stabilization obligations[111]. Financial Position and Assets - The company maintains a strong cash position with cash and cash equivalents totaling 200 million CNY as of June 30, 2022[12]. - The company's total assets increased by 6.90% to CNY 1,239.60 million compared to the end of the previous year[17]. - Total assets as of June 30, 2022, amounted to CNY 1,239,600,637.55, a slight decrease from CNY 1,240,606,992.83 at the beginning of the period[165]. - Current assets totaled CNY 812,917,386.37, down from CNY 842,179,232.61, indicating a decrease of approximately 3.1%[165]. Environmental Commitment - The company emphasizes energy conservation and environmental protection, adhering to national and industry regulations to create a green and healthy office environment[102]. - The company has implemented measures to reduce carbon emissions, including centralized control of air conditioning and promoting a paperless office[103]. - The company’s wastewater treatment meets the Guangdong Province's water pollutant discharge standards[101].

Financial Performance - The company achieved a revenue of 277.39 million, reflecting a successful completion of product development for smart and remote measurement clamp meters[76]. - The company reported a significant increase in deferred income tax assets, amounting to 3,408,818.56 RMB, indicating potential future tax benefits[112]. - The company’s cash flow from operating activities showed a net outflow of CNY 3,620.23 million due to increased inventory levels in response to rising raw material prices[109]. - The company’s main business revenue for the reporting period was 836,994,788.14 CNY, a year-on-year decrease of 4.68% due to a high sales base from temperature measurement products in 2020[95]. - The company’s net profit attributable to shareholders for 2021 was CNY 108.72 million, with cumulative distributable profits of CNY 224.63 million as of December 31, 2021[158]. - The company achieved a total revenue of 13,737 million RMB, with a year-on-year increase of 5,935 million RMB[78]. - The company’s cash and cash equivalents were impacted by loan guarantees, with 1,697,444.73 RMB in cash restricted for loan guarantees[114]. - The company plans to enhance its market response capabilities and product development to maintain competitiveness[84]. Research and Development - The company increased R&D investment to CNY 59.35 million, a year-on-year growth of 41.23%, accounting for 7.05% of total revenue[30]. - The R&D team expanded to 206 personnel, a 56.06% increase year-on-year, representing 20.91% of the total workforce[30]. - The company achieved a 41.23% year-on-year increase in R&D expenses, driven by an increase in R&D personnel from 132 to 206[70]. - The company has developed a non-contact infrared temperature measurement algorithm with a measurement range from -50℃ to over 2000℃ and an accuracy of ±1.0℃ or ±1%[78]. - The company has established a product line layout for source load instruments under 1000W, including programmable linear power supplies and programmable switching power supplies[61]. - The company has developed a portable USB temperature and humidity recorder, which is part of its new product offerings[64]. - The company has developed a U-shaped PCB coil clamp head that allows for precise current testing without a closed clamp, enhancing application convenience and stability compared to traditional designs[63]. - The company has achieved core technological breakthroughs in testing and measuring instruments, including advancements in over-voltage and pulse protection technologies[62]. Market and Sales Strategy - The company actively expanded its global marketing network, optimizing sales teams and enhancing product training for better customer service[35]. - The company employs a mixed sales model, with domestic sales primarily under the "UNI-T" brand and international sales through both ODM and self-owned brand products, targeting markets in the EU, Americas, and Asia-Pacific[43]. - The company has established a mature sales channel, exporting to over 80 countries and regions, with nearly 100 overseas distributors[52]. - The company has seen a growing demand for multimeters and clamp meters in the photovoltaic sector, driven by national policies supporting carbon neutrality and environmental quality improvement[53]. - The company is focusing on enhancing the waterproof and dustproof standards of its products to ensure functionality in special environments[64]. - The company is dedicated to maintaining a high level of product quality and service to support its global market expansion efforts[121]. Corporate Governance and Compliance - The company has established a governance structure compliant with relevant laws and regulations, ensuring effective operation and protection of shareholder interests[129]. - The company has established a comprehensive internal control system to enhance management efficiency and ensure compliance with legal regulations[163]. - The company has implemented a restricted stock incentive plan to attract and retain high-quality management and technical talent, enhancing overall team cohesion and motivation[127]. - The company has established a remuneration decision-making process based on basic salary, position salary, performance salary, and various subsidies[141]. - The company has not faced any penalties from securities regulatory authorities in the past three years[141]. - The company has established a comprehensive information security system, including professional IT security administrators and regular training for all employees to enhance security awareness[191]. Environmental Responsibility - The company has passed the ISO 14001 environmental management system certification, emphasizing its commitment to environmental protection and sustainable development[165]. - The company has implemented ISO14001 environmental management system certification, focusing on energy conservation and emission reduction in daily operations[173]. - The company actively engages in green manufacturing and has implemented measures to control energy consumption and waste emissions during production[168]. - The company has adopted a "paperless smart office" initiative and promotes energy-saving practices among employees to reduce carbon emissions[175]. - The company has not been penalized for environmental issues during the reporting period and is not classified as a key pollutant unit by environmental authorities[167]. Employee and Talent Management - The company employs a total of 985 staff members, with 933 in the parent company and 52 in major subsidiaries[151]. - The workforce includes 379 production personnel, 197 sales personnel, 206 technical personnel, 15 financial personnel, and 188 administrative personnel[151]. - The company provides various employee training programs, including professional skills and safety training, to enhance workforce capabilities[181]. - The company emphasizes the protection of shareholder and creditor rights by adhering to legal regulations and improving corporate governance structures[180]. - The company has implemented a robust knowledge property management system, requiring employees to sign confidentiality agreements and encouraging patent applications[190]. Financial Management and Investment - The company plans to enhance its global marketing system and has established a branch in the United States, with plans to complete a branch in Germany, aiming to improve local market responsiveness and customer satisfaction[124]. - The company has established several joint ventures, including holding 78% of Changzhou Haoyi Technology Co., Ltd. and 20% of Chengdu Jingying Optoelectronic Technology Co., Ltd.[115]. - The company has reported a significant increase in investment activities, with a net cash outflow of RMB 386.81 million[93]. - The company has established commitments to adhere to relevant laws and regulations regarding shareholder reductions and will ensure compliance with necessary procedures[200]. - The company has outlined that any share reductions will not occur below the issue price within two years post-lock-up[200].

Financial Performance - The company achieved operating revenue of CNY 315,055,711.17, representing a year-on-year increase of 19.06%[5] - The net profit attributable to shareholders was CNY 53,057,869.63, with a growth rate of 12.11% compared to the previous year[5] - Total revenue for Q1 2022 was CNY 315,055,711.17, an increase of 19.0% compared to CNY 264,626,785.83 in Q1 2021[21] - Net profit for Q1 2022 was CNY 52,820,685.89, compared to CNY 47,325,141.51 in Q1 2021, representing an increase of 11.8%[23] - The company's revenue for Q1 2022 was CNY 309,643,142.70, representing a 17.94% increase from CNY 262,519,691.60 in Q1 2021[32] - The net profit for Q1 2022 was CNY 51,611,724.34, up 14.04% from CNY 45,073,358.99 in Q1 2021[33] - The total profit for Q1 2022 was CNY 60,398,659.73, an increase of 13.06% from CNY 53,089,415.68 in Q1 2021[33] Research and Development - Research and development (R&D) expenses totaled CNY 14,828,084.13, marking a significant increase of 58.27% year-on-year, accounting for 4.71% of operating revenue[6][7] - Research and development expenses increased to CNY 14,828,084.13 in Q1 2022, compared to CNY 9,369,058.95 in Q1 2021, marking a 58.5% rise[22] - Research and development expenses increased to CNY 12,736,345.72, a 50.67% rise compared to CNY 8,455,546.13 in the same period last year[32] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 42,901,708.31, primarily due to increased sales to overseas customers and the completion of shipments for previously received customer payments[7] - The company's cash flow from operating activities showed a positive trend, indicating improved liquidity management[24] - Operating cash flow for Q1 2022 was -42.90 million, slightly lower than -42.38 million in Q1 2021, indicating a decline of 1.22% year-over-year[26] - Total cash inflow from operating activities was 185.22 million in Q1 2022, compared to 187.96 million in Q1 2021, reflecting a decrease of 1.46%[26] - Cash outflow from operating activities totaled 228.12 million in Q1 2022, down from 230.34 million in Q1 2021, a reduction of 0.96%[26] - The company's cash and cash equivalents decreased to 169.49 million by the end of Q1 2022, down from 434.91 million at the end of Q1 2021, a decline of 61.00%[27] - The total cash and cash equivalents at the end of Q1 2022 were CNY 110,146,877.87, down from CNY 428,990,601.13 at the end of Q1 2021[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,250,199,433.98, reflecting a slight increase of 0.77% from the previous year[6] - Total assets as of Q1 2022 amounted to CNY 1,250,199,433.98, slightly up from CNY 1,240,606,992.83 in the previous year[20] - Total liabilities decreased to CNY 236,757,624.11 in Q1 2022 from CNY 291,246,263.17 in Q1 2021, a reduction of 18.6%[20] - The total liabilities as of March 31, 2022, were 200.05 million, down from 244.52 million at the end of 2021, a decrease of 18.14%[31] - Shareholders' equity increased to 986.38 million as of March 31, 2022, compared to 924.68 million at the end of 2021, reflecting a growth of 6.68%[31] Shareholder Information - The company had 5,800 common shareholders at the end of the reporting period[13] - The total number of shares held by the largest shareholder, Ulead Group Limited, is 60,222,200, accounting for 54.54% of the total shares[14] - The second-largest shareholder, Shenzhen Zonghe Venture Capital Management Co., Ltd., holds 4,440,000 shares, representing 4.02%[14] - The company’s actual controller holds a voting power ratio of 59.38% through Ulead Group and other entities[15] Operational Challenges - The company faced delivery delays of CNY 28,317,700 in overseas orders due to the impact of the pandemic, which are expected to be fulfilled in the second quarter[6] - The company reported a decrease in sales revenue from goods and services received, totaling CNY 169,433,268.33 in Q1 2022, compared to CNY 201,994,632.01 in Q1 2021[34] Other Information - The company implemented a restricted stock incentive plan, resulting in a share-based payment expense of CNY 3,078,100 during the quarter[7] - There are no significant audit opinions or reminders regarding the company's operational status for the reporting period[16] - The company has not reported any significant new product developments or market expansions during this quarter[16]

Financial Performance - The company's operating revenue for Q3 2021 was ¥190,148,819.70, a decrease of 0.46% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2021 was ¥24,591,604.26, down 12.90% year-on-year[5] - The basic earnings per share for Q3 2021 was ¥0.22, a decrease of 35.29% compared to the same period last year[6] - Total revenue for the first three quarters of 2021 was CNY 676,959,101.14, a decrease from CNY 707,870,466.68 in the same period of 2020, representing a decline of approximately 4.8%[21] - Net profit for the third quarter was CNY 100,159,143.20, down from CNY 140,317,260.75 in the previous year, indicating a decrease of approximately 28.6%[22] - The total comprehensive income for the third quarter of 2021 was CNY 99,816,232.15, a decrease from CNY 139,714,774.71 in the same period last year, representing a decline of approximately 28.5%[23] - Basic and diluted earnings per share for the third quarter were CNY 0.94, down from CNY 1.7 in the previous year, indicating a decrease of about 44.1%[23] Assets and Equity - The total assets at the end of the reporting period reached ¥1,144,949,720.51, reflecting a 69.85% increase compared to the end of the previous year[6] - The total equity attributable to shareholders increased by 127.73% compared to the end of the previous year, reaching ¥941,060,259.87[6] - The company's total assets reached CNY 1,144,949,720.51, compared to CNY 674,109,915.10 in the previous year, reflecting a growth of about 69.7%[20] - The company's equity attributable to shareholders increased to CNY 941,060,259.87 from CNY 413,230,423.35, showing a significant increase of about 127.5%[20] Cash Flow and Expenses - The company reported a cash flow from operating activities net amount of -¥84,494,802.40 for the first nine months of 2021[6] - Cash flow from operating activities for the first nine months of 2021 was negative CNY 84,494,802.40, compared to a positive CNY 112,518,916.16 in the same period last year[26] - Cash inflow from operating activities totaled CNY 673,027,279.24, while cash outflow was CNY 757,522,081.64, resulting in a net cash flow from operating activities of negative CNY 84,494,802.40[26] - The company reported cash outflow for investment activities of CNY 533,168,496.23, leading to a net cash flow from investment activities of negative CNY 257,594,516.33[27] - The company made cash payments of CNY 124,793,960.37 to employees, which increased from CNY 99,189,952.19 in the previous year, indicating a rise of about 25.9%[26] Research and Development - Research and development expenses totaled ¥14,727,341.80 for Q3 2021, representing a 40.76% increase year-on-year[6] - Research and development expenses for the first three quarters were CNY 36,603,759.88, up from CNY 32,173,616.98, indicating an increase of approximately 13.4%[21] Shareholder Information - The total number of ordinary shares at the end of the reporting period is 7,672[13] - The largest shareholder, Youlide Group Limited, holds 60,222,200 shares, representing 54.75% of the total shares[13] - The company has a total of 10 major shareholders, with the top 10 holding a significant portion of the shares[14] - The actual controller of the company holds a voting power ratio of 59.38% through various entities[14] - The shareholder structure indicates a strong concentration of ownership among the top shareholders, with the top three holding over 62% of the shares[13] Liabilities - Current liabilities totaled CNY 198,359,344.50, a decrease from CNY 256,970,823.12, representing a reduction of approximately 22.8%[19] - The total liabilities decreased to CNY 203,872,091.22 from CNY 260,861,966.84, reflecting a decrease of about 21.8%[19] Other Information - The company has not disclosed any significant new strategies or product developments during the reporting period[17] - There are no significant changes in the audit opinion type for the financial statements, which remain unaudited[17] - The company reported a financial expense of CNY -7,469,525.53, a significant improvement compared to CNY 2,382,976.66 in the previous year[21] - The company received CNY 32,707,426.72 in tax refunds during the first nine months of 2021, compared to CNY 8,286,996.52 in the same period last year, reflecting a significant increase of approximately 294.5%[26] - The company's cash and cash equivalents as of September 30, 2021, amount to ¥271,859,428.52, an increase from ¥186,494,201.65 at the end of 2020[17] - Accounts receivable increased to ¥63,039,917.99 from ¥49,135,853.03 year-over-year[17] - The total cash and cash equivalents at the end of the period were CNY 269,839,600.90, an increase from CNY 101,408,204.16 at the end of the same period last year[27]

Financial Performance - The company reported a total revenue of 1.5 billion CNY for the first half of 2021, representing a year-on-year increase of 20%[1]. - The company's operating revenue for the first half of 2021 was RMB 486.81 million, a decrease of 5.81% compared to RMB 516.84 million in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2021 was RMB 75.57 million, down 32.58% from RMB 112.09 million year-on-year[23]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in Q2 2023, representing a 25% year-over-year growth[131]. - The company provided an optimistic outlook for the next quarter, projecting a revenue increase of 20% to 1.8 billion[133]. User Growth - User data indicates a growth in active users by 15% compared to the previous year, reaching 2 million active users[1]. - User data showed a growth in active users, reaching 10 million, which is a 15% increase compared to the previous quarter[132]. Product Development and Innovation - New product launches include a state-of-the-art testing device expected to contribute an additional 200 million CNY in revenue by the end of 2021[1]. - The company is investing heavily in R&D, with a budget allocation of 200 million for new technology development in 2023[131]. - The company has developed advanced core technologies, including a high-voltage protection method for multimeters, enhancing user safety with a voltage impact protection capability of 4000V-8000V[52]. - The company has filed multiple patents, including a self-recovery fuse detection system and a high-efficiency sampling and digital signal processing technology[52]. - The company is focusing on developing new products that meet advanced international standards for various applications, including electrical maintenance and environmental monitoring[72]. Market Expansion - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by 2023[1]. - Market expansion plans include entering three new international markets, aiming for a 10% market share within the first year[133]. - The company has established a comprehensive sales channel, with products sold in over 80 countries and regions, supported by nearly 100 overseas distributors[83]. Financial Management - The company maintains a strong cash position with 800 million CNY in cash and cash equivalents, ensuring liquidity for future investments[1]. - The company raised 476.86 million yuan from the issuance of 27.5 million shares, contributing to the significant increase in total and net assets[26]. - A share buyback program has been initiated, with a commitment to repurchase up to 100 million worth of shares to stabilize stock prices[131]. - The company has committed to maintaining a dividend payout ratio of 30% of net income, ensuring returns to shareholders[133]. Research and Development - Research and development expenses increased by 30% to 300 million CNY, focusing on innovative technologies and product enhancements[1]. - The company has established two R&D centers in Chengdu and Dongguan, focusing on continuous innovation and product development[81]. - The company completed 4 research projects and has 18 ongoing projects aimed at continuous product and technology innovation[87]. Risk Management - The company has identified potential risks including supply chain disruptions and regulatory changes, which could impact future performance[1]. - The company is facing risks related to raw material price fluctuations, which constitute over 80% of its main business costs[93]. - The company is actively managing its supply chain to mitigate risks from raw material shortages and price volatility[88]. Compliance and Governance - The company has committed to comply with relevant laws and regulations regarding share transfer restrictions imposed by regulatory authorities[126]. - The company’s controlling shareholders and related parties have committed to a lock-up period of 36 months from the date of listing, during which they will not transfer or manage their shares[122]. - The company has made commitments to protect the interests of shareholders, particularly minority shareholders, through its stock price stabilization plan[154].

Financial Performance - The company achieved operating revenue of CNY 264.63 million in Q1 2021, representing a year-on-year increase of 26.68%[8] - The net profit attributable to shareholders was CNY 47.33 million, a decrease of 10.29% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY 0.52, down 18.75% year-on-year[6] - The company reported a total revenue of CNY 264,626,785.8 for Q1 2021, representing a 26.68% increase compared to CNY 208,894,064.7 in Q1 2020[19] - The net profit for Q1 2021 increased significantly due to the successful public offering, contributing to a total net asset increase of CNY 47,685.95 million[18] - The company’s gross profit margin was impacted by a 46.13% increase in operating costs, totaling CNY 173,317,222.4 for Q1 2021[19] - Total operating revenue for Q1 2021 was CNY 264,626,785.83, an increase of 26.7% compared to CNY 208,894,064.70 in Q1 2020[31] - Net profit for Q1 2021 was CNY 47,325,141.51, a decrease of 10.1% from CNY 52,754,346.25 in Q1 2020[32] - The company reported a total operating profit of CNY 53,195,830.93, down from CNY 61,142,554.24 in the previous year[36] - The company’s total comprehensive income for Q1 2021 was CNY 45,073,358.99, compared to CNY 52,510,748.38 in Q1 2020[36] Assets and Liabilities - Total assets and net assets at the end of the reporting period increased by 77.78% and 126.90% respectively compared to the end of the previous year, primarily due to the issuance of 27.5 million shares in the IPO[8] - Cash and cash equivalents rose to CNY 616,661,021.58, a 230.66% increase from CNY 186,494,201.65 at the end of 2020, primarily due to the issuance of 27.5 million shares[18] - Accounts receivable increased by 91.52% to CNY 94,106,554.70, driven by a substantial rise in overseas sales during Q1 2021[18] - The company’s total liabilities increased by 41.68% to CNY 182,115,038.94, attributed to higher procurement costs and project payables[19] - The total current assets reached ¥931,285,037.82 as of March 31, 2021, compared to ¥424,357,726.23 at the end of 2020, marking an increase of approximately 119.0%[23] - The total liabilities were reported at ¥260,791,097.05 as of March 31, 2021, slightly decreasing from ¥260,861,966.84 at the end of 2020[24] - The equity attributable to shareholders increased to ¥937,600,245.18 as of March 31, 2021, compared to ¥413,230,423.35 at the end of 2020, reflecting a growth of approximately 126.5%[25] - The company’s total assets reached CNY 1,115,777,855.88 in Q1 2021, up from CNY 629,472,662.99 in Q1 2020[29] Cash Flow - The net cash flow from operating activities was CNY -42.38 million, mainly due to a significant increase in sales to overseas customers with payment terms[8] - The net cash flow from operating activities for Q1 2021 was -¥42,383,810.90, compared to ¥69,063,814.46 in Q1 2020, indicating a substantial decline due to increased sales to overseas customers and the completion of shipments from prepayments[22] - The net cash flow from investing activities was -¥191,675,753.50 in Q1 2021, a drastic increase of 2,655.85% from -¥6,955,220.64 in Q1 2020, primarily due to investments in bank financial products and infrastructure for the instrument and equipment industrial park[22] - The net cash flow from financing activities was ¥484,535,400.20 in Q1 2021, a significant turnaround from -¥3,251,087.67 in Q1 2020, mainly attributed to the proceeds from the initial public offering of ¥476,859,500[22] - The cash flow from financing activities was positive CNY 484,535,400.24, compared to a negative CNY 3,251,087.67 in Q1 2020[38] Shareholder Information - The company reported a total of 10,751 shareholders at the end of the reporting period[13] - The largest shareholder, Yuli De Group Limited, held 60,222,200 shares, representing 54.75% of the total shares[13] - The company’s actual controller holds a combined 54.75% stake through various entities, ensuring stable governance and strategic direction[17] Research and Development - Research and development expenses accounted for 3.54% of operating revenue, a decrease of 2.32 percentage points compared to the previous year[6] - Research and development expenses for Q1 2021 were CNY 9,369,058.95, a decrease of 23.5% compared to CNY 12,230,750.74 in Q1 2020[32] Market and Product Performance - The company experienced a significant decline in sales of temperature measurement products due to effective control of the COVID-19 pandemic, while non-temperature measurement product sales saw good growth[8] - The company plans to expand its market presence and enhance product offerings, particularly in non-temperature measurement products, which have shown strong sales growth[19] - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[30] Miscellaneous - The company implemented new lease accounting standards starting in 2021, with no applicable adjustments to prior financial statements[41] - The audit report for the first quarter of 2021 is not applicable[41] - There are no retrospective adjustments to prior comparative data due to the new lease accounting standards[41] - The company reported no significant changes in user data or performance metrics in the first quarter of 2021[41] - Future outlook and performance guidance for 2021 have not been disclosed in this document[41] - There are no mentions of new product or technology developments in the first quarter of 2021[41] - Market expansion and acquisition strategies are not addressed in this report[41] - The company did not provide any new strategic initiatives in the first quarter of 2021[41] - The financial report does not include specific revenue figures or percentage changes for the first quarter[41] - Overall, the document lacks detailed financial performance summaries or user metrics[41]

Financial Performance - The company's operating revenue for 2020 was CNY 885,563,545.51, representing a year-on-year increase of 63.98% compared to CNY 540,037,027.76 in 2019[24]. - The net profit attributable to shareholders for 2020 was CNY 146,994,649.38, a significant increase of 175.95% from CNY 53,268,431.70 in 2019[24]. - The net cash flow from operating activities increased by 238.45% to CNY 229,683,044.65 in 2020, up from CNY 67,863,438.95 in 2019[24]. - The total assets as of the end of 2020 reached CNY 674,109,915.10, reflecting a year-on-year growth of 54.91%[24]. - The basic earnings per share for 2020 was CNY 1.78, which is a 157.97% increase compared to CNY 0.69 in 2019[25]. - The company's net assets attributable to shareholders increased by 54.79% to CNY 413,230,423.35 at the end of 2020[24]. - The gross profit margin for the main business increased to 38.62%, up by 4.81 percentage points from the previous year[145]. - The company's main operating costs for 2020 were RMB 538,909,640.96, reflecting a 52.02% increase from the previous year[144]. Dividend Policy - The proposed profit distribution plan for 2020 includes a cash dividend of RMB 4.5 per 10 shares, totaling RMB 49,500,000, which accounts for 33.67% of the net profit attributable to shareholders[5]. - The company plans to distribute at least 30% of the average annual distributable profit over the last three years as cash dividends[179]. - The company has committed to maintaining transparency regarding the use of undistributed profits and their future plans[181]. - The company has implemented a cash dividend policy ensuring that at least 10% of the distributable profit for the year is distributed as cash dividends, provided certain conditions are met[178]. Governance and Compliance - The company reported no significant risks or governance issues during the reporting period, ensuring transparency and accountability[6]. - The financial report received a standard unqualified audit opinion from Rongcheng Accounting Firm, confirming the accuracy and completeness of the financial statements[9]. - The company has no non-operating fund occupation by controlling shareholders or related parties, indicating strong financial governance[7]. - There are no violations of decision-making procedures regarding external guarantees, reflecting compliance with regulations[7]. - The board of directors and senior management have confirmed the authenticity and completeness of the annual report, ensuring stakeholder confidence[4]. Research and Development - Research and development expenses accounted for 4.75% of operating revenue in 2020, down from 6.44% in 2019[25]. - The total R&D investment for the current year is approximately ¥42.03 million, representing a 20.76% increase from the previous year's ¥34.80 million[92]. - The company has received 329 patents, including 49 invention patents, showcasing its strong R&D capabilities and innovation in various technical fields[59]. - The company emphasizes independent R&D, focusing on core technology accumulation and has a structured development process for new products[48]. Market and Sales Strategy - The company focuses on the research, production, and sales of testing and measurement instruments, with major product lines including electronic testing instruments, temperature and environmental testing instruments, and power testing instruments[35]. - The company has established a strong sales network, exporting to over 80 countries and regions, with nearly 100 overseas distributors[117]. - The company's self-owned brand, UNI-T, accounted for an average of 69.51% of sales revenue during the reporting period, indicating strong market acceptance[59]. - The company aims to enhance its product coverage in various testing and measurement applications by strengthening R&D efforts in response to market trends[39]. Risks and Challenges - The company faces risks related to market competition and potential declines in demand for infrared temperature measurement products post-pandemic[124]. - The company is at risk of contract breaches or loss of orders if it fails to obtain necessary product certifications for its ODM business[128]. - Future trade tensions between China and the US could negatively impact the company's export revenue and profitability in the US market[128]. - The company has experienced a significant increase in product quality requirements due to its products being used in critical industries, which poses a risk if quality issues arise[130]. Production and Capacity - The company has established a modern manufacturing base covering 45,000 square meters, with an annual production capacity of 7.2 million electronic measurement instruments[41]. - The company has a production capacity of 7.2 million electronic measurement instruments annually, with over 1,000 product models in its portfolio[58]. - The total production volume reached 829.68 thousand units, an increase of 37.72% year-over-year, while total sales volume was 764.83 thousand units, up 30.51% year-over-year[146]. International Trade and Expansion - The company actively participates in international trade shows to expand its overseas distributor network, targeting regions such as the EU, Americas, and Asia-Pacific[45]. - The company's overseas sales accounted for approximately 47.73% to 50.46% of its main business revenue over the past three years, indicating significant international market presence[127]. - In 2020, the company's overseas sales amounted to 421.25 million yuan, representing 47.98% of the total annual revenue[129]. Stock Repurchase and Shareholder Commitments - The company has committed to a stock repurchase plan to stabilize its stock price within 36 months post-IPO, subject to specific conditions[193]. - The stock repurchase will not exceed 2% of the total shares before the repurchase, and the total amount for repurchase will not exceed the total funds raised from the IPO[195]. - The company will initiate the stock repurchase if the stock price falls below the latest audited net asset value per share for 20 consecutive trading days[194]. - The commitments from shareholders and management are aimed at maintaining market integrity and protecting investor interests[189].