Financial Performance - The company's operating revenue for 2021 was CNY 370.10 million, representing a year-on-year increase of 61.35% compared to CNY 229.38 million in 2020[22]. - The net profit attributable to shareholders for 2021 was CNY 103.35 million, a 68.33% increase from CNY 61.40 million in 2020[22]. - The net cash flow from operating activities reached CNY 103.65 million, showing a significant increase of 104.64% compared to CNY 50.65 million in 2020[22]. - The company's total assets at the end of 2021 were CNY 695.43 million, up 202.47% from CNY 229.91 million at the end of 2020[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 92.18 million yuan, reflecting a growth of 52.59% year-on-year[95]. - The semiconductor testing probe business significantly contributed to revenue growth, with a year-on-year increase of approximately 178.16%[103]. - The company achieved a total revenue of 4,770 million RMB, with a net profit of 2,332.24 million RMB, indicating a strong financial performance[83]. Dividend Policy - The company plans to distribute a cash dividend of 5.1 RMB per 10 shares, totaling 40.8 million RMB, which represents 39.48% of the net profit attributable to shareholders for the year 2021[5]. - The company has established a cash dividend policy, ensuring that cash dividends will not be less than 10% of the distributable profits if there are no major investment plans or cash expenditures[165]. - The company has a policy that mandates cash dividends to be at least 30% of the average distributable profits over any three consecutive years after being listed for three years[165]. Research and Development - Research and development expenses accounted for 7.57% of operating revenue in 2021, an increase of 1.41 percentage points from 6.16% in 2020[23]. - The total R&D investment for the year reached 28 million CNY, a significant increase of 98% compared to the previous year's 14.14 million CNY[77]. - R&D investment accounted for 7.57% of total revenue, up from 6.16% in the previous year, reflecting a 22.89% increase[77]. - The company has accumulated 78 domestic patents, including 14 invention patents, enhancing its competitive edge in the MEMS and semiconductor testing fields[87]. - The company obtained 2 new invention patents and 15 utility model patents during the reporting period, bringing the total to 14 invention patents and 62 utility model patents[75]. - The company is advancing several key projects, including the development of a high-stretch micro semiconductor testing probe, with a total investment of 16 million CNY and a current investment of 8.6 million CNY[80]. Market Expansion and Strategy - The company plans to continue expanding its customer base both domestically and internationally to meet the demand for comprehensive solutions[36]. - The company is actively expanding its overseas market presence, responding to the growing demand for semiconductor testing solutions[89]. - The company plans to expand into new markets and applications, aiming to accelerate product development despite potential long sales cycles of 6 to 24 months[94]. - The company aims to enhance its market share in existing customers and accelerate product validation for new clients in the Chinese mainland semiconductor manufacturing sector[128]. - The company plans to increase its international market sales ratio by closely monitoring global semiconductor production line investments and targeting major clients in the first tier of the industry[128]. Corporate Governance - The company has received a standard unqualified audit report from Tianheng Accounting Firm[7]. - There are no special arrangements for corporate governance applicable to the company[8]. - The board of directors consists of 6 members, including 2 independent directors, complying with relevant legal requirements[132]. - The company has established various committees under the board, including a strategy and development committee, audit committee, nomination committee, and remuneration and assessment committee, all operating in accordance with regulations[132]. - The company has improved its internal control system, significantly enhancing its risk prevention capabilities and operational standards[133]. - The company actively engages with shareholders and investors through various communication channels to address their reasonable suggestions and opinions[134]. Risk Factors - The company has outlined various risks in its annual report, which investors are advised to review[4]. - The company faces risks from high customer concentration, with major clients significantly impacting overall performance if their demand changes[94]. - The company is exposed to macroeconomic risks, particularly from potential trade tensions between the US and China, which could affect its operations and financial performance[94]. Environmental Responsibility - The company is committed to environmental protection and sustainable development, promoting green office practices among employees[176]. - The company does not belong to any heavily polluting industries and has not faced any administrative penalties related to environmental issues during the reporting period[178][179]. - The company has implemented measures to manage energy consumption and waste disposal in compliance with environmental regulations[180]. - The company adhered to ISO 14001:2015 environmental management system requirements, establishing various environmental management procedures[185]. Employee Relations - The company emphasizes employee training, aligning annual training plans with business development needs to enhance employee capabilities[164]. - The total number of employees in the parent company is 352, with 193 in production, 16 in sales, 40 in technology, 82 in research and development, 7 in finance, and 14 in administration[162]. - Employee stock ownership involved 22 employees, representing 6.25% of the total workforce, with 480,000 shares held, accounting for 6% of total equity[191]. Innovation and Technology - The company has established several technology research centers, enhancing its R&D capabilities and recognition in the industry[31]. - The company has developed innovative products that meet the high-frequency shielding and insulation requirements for 5G applications[72]. - The company is recognized as a strong competitor in the semiconductor testing probe market, despite its relatively short operational history[64]. Communication and Transparency - The company has established a comprehensive information disclosure management system to ensure timely and accurate reporting, enhancing transparency[197]. - The company held two earnings conference calls in 2021, addressing 35 investor inquiries in April and 15 in August, ensuring investor rights to information[196]. - The company has set up an investor relations section on its official website to facilitate communication[196].

Financial Performance - The company's revenue for Q3 2021 reached ¥101,154,760.18, representing a year-over-year increase of 61.06%[5] - Net profit attributable to shareholders for Q3 2021 was ¥29,170,986.79, up 72.29% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥26,930,181.18, reflecting a 58.45% increase year-over-year[5] - Total revenue for the first three quarters of 2021 reached ¥282,348,293.93, a significant increase of 89.9% compared to ¥148,439,104.68 in the same period of 2020[21] - Operating profit for the first three quarters of 2021 was ¥95,564,186.04, up 114.1% from ¥44,664,129.91 in the previous year[22] - Net profit for the first three quarters of 2021 was ¥83,355,564.32, representing a growth of 115.5% compared to ¥38,737,123.84 in 2020[22] - The company reported a total comprehensive income of ¥83,355,564.32 for the first three quarters of 2021, compared to ¥38,737,123.84 in 2020, showing a growth of 115.5%[23] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥626,109,668.44, a 172.32% increase from the previous year-end[6] - The total assets as of September 30, 2021, amounted to CNY 626,109,668.44, a significant increase from CNY 229,914,816.00 as of December 31, 2020, reflecting a growth of approximately 172%[18] - Total liabilities increased to ¥74,901,522.48 in Q3 2021 from ¥67,619,781.53 in Q3 2020, reflecting a growth of 10.5%[21] - The total liabilities included accounts payable of CNY 57,762,436.26, which increased from CNY 52,388,847.13, showing a growth of approximately 10%[19] - The company’s total equity is not explicitly stated but can be inferred from the total assets and liabilities, indicating a strong financial position[19] Equity and Earnings - The total equity attributable to shareholders at the end of the reporting period was ¥551,208,145.96, a 239.63% increase from the previous year-end[6] - Total equity attributable to shareholders rose to ¥551,208,145.96 in Q3 2021, up from ¥162,295,034.47 in Q3 2020, marking a growth of 239.5%[21] - The basic earnings per share for Q3 2021 was ¥0.365, an increase of 29.22% year-over-year[6] - Earnings per share for the first three quarters of 2021 were ¥1.137, compared to ¥0.646 in the same period of 2020[23] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥70,983,913.22, showing a significant increase of 103.32%[6] - Cash flow from operating activities for the first three quarters of 2021 was ¥242,516,306.01, an increase from ¥132,952,971.38 in the same period of 2020[24] - Net cash inflow from operating activities amounted to ¥70,983,913.22, an increase from ¥34,911,559.37 in the previous period[25] - Total cash inflow from investment activities was ¥251,574,229.56, while cash outflow was ¥512,129,267.00, resulting in a net cash flow of -¥260,555,037.44[25] - Cash inflow from financing activities reached ¥323,969,811.32, leading to a net cash flow of ¥306,273,000.00 after outflows[26] - The net increase in cash and cash equivalents for the period was ¥116,374,528.98, bringing the ending balance to ¥143,771,598.49[26] Research and Development - The company's R&D expenditure for Q3 2021 was ¥7,286,674.12, which is 84.05% higher than the same period last year[6] - Research and development expenses for the first three quarters of 2021 amounted to ¥18,624,165.48, compared to ¥10,098,684.43 in 2020, indicating an increase of 84.5%[21] - The company plans to continue increasing its R&D investment to support growth in semiconductor testing probe business[11] Subsidiaries and Investments - The company established a wholly-owned subsidiary, Suzhou HeLin Micro-Nano Technology Co., Ltd., which is included in the consolidated financial statements for Q3 2021[16] - Cash received from other operating activities was ¥8,773,509.55, up from ¥498,693.61[25] - The company did not report any cash inflow from the disposal of subsidiaries or other business units during this period[25]

Financial Performance - The company reported a total revenue of RMB 100 million for the first half of 2021, representing a year-on-year increase of 20%[14]. - The company's operating revenue for the first half of 2021 reached ¥181,193,533.75, an increase of 111.60% compared to the same period last year[20]. - Net profit attributable to shareholders increased by ¥54,184,577.53, representing a year-on-year growth of 148.48%[22]. - The net profit after deducting non-recurring gains and losses was ¥47,067,006.56, up 118.36% year-on-year[20]. - Basic and diluted earnings per share both rose to ¥0.7741, reflecting a growth of 113.02% compared to the previous year[21]. - The company's total assets increased to ¥595,307,567.76, marking a growth of 158.93% from the end of the previous year[20]. - The company's net assets attributable to shareholders reached ¥522,037,159.17, a substantial increase of 221.66% from the end of the previous year[20]. - The net profit for the first half of 2021 was 54,184,577.53, compared to 21,806,222.69 in the same period last year, representing an increase of approximately 148.5%[200]. - The total profit amounted to 62,219,746.91, up from 24,966,723.33, indicating a growth of about 149.2% year-over-year[200]. User Growth and Market Expansion - User data showed an increase in active users by 15% compared to the same period last year, reaching 1.5 million active users[14]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[14]. - The company’s overseas sales revenue reached 86.36 million yuan, accounting for 47.66% of total operating revenue, up from 24.64% in 2020[65]. - The company is focusing on developing high-hardness and wear-resistant probe tips, with a target hardness of HV800 and an expected lifespan increase of 0.5-1 times[48]. - Market expansion plans include entering three new international markets by Q3 2024, targeting a 5% increase in market share[104]. Research and Development - Research and development expenses increased by 30% in the first half of 2021, reflecting the company's commitment to innovation and new technology[14]. - The company invested 11.34 million yuan in R&D during the reporting period, which is 6.26% of its operating revenue[67]. - The company’s R&D expenses increased by 84.66% year-on-year, totaling approximately ¥11.34 million, driven by team expansion and salary increases[45]. - The company has developed innovative products such as micro double metal shielding covers suitable for 5G applications, enhancing its competitive edge in high-frequency environments[40]. - The company has established a strong market position in the MEMS micro components sector, successfully entering international supply chains and gaining quality customer resources[38]. Future Guidance and Strategic Plans - Future guidance estimates a revenue growth of 25% for the full year 2021, driven by increased demand in the semiconductor market[14]. - The company plans to launch two new products in the second half of 2021, focusing on MEMS technology, which is expected to drive further revenue growth[14]. - The company is considering strategic acquisitions to bolster its technology portfolio, with a budget of $100 million allocated for potential deals[104]. - The company aims to reduce operational costs by 8% through efficiency improvements in the supply chain[104]. Risks and Challenges - The company has identified potential risks related to supply chain disruptions and market competition, which may impact future performance[14]. - The company faces risks related to high customer concentration, particularly with major clients like NVIDIA and GoerTek, which could impact overall performance if their demand decreases[71]. - Trade disputes, particularly between the US and China, pose risks to the company’s operations and financial performance due to potential customer loss and supply chain disruptions[74]. - The competitive landscape in the MEMS and semiconductor chip industries has intensified, with key domestic competitors including Lou's Electronics and Ruisheng Technology[73]. Compliance and Governance - The company confirmed compliance with environmental regulations, with no significant pollution issues reported[94]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[95]. - The company has established a commitment to transparency and compliance with stock reduction regulations, adapting to any new legal requirements[119]. - The company has ensured compliance with the regulations set forth by the China Securities Regulatory Commission regarding corporate governance[164]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,309[179]. - The largest shareholder, Luo Xingshun, held 30,600,000 shares, representing 38.25% of the total shares[182]. - The company has a strategy to manage shareholder relations, with specific conditions for the release of restricted shares[185]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest three shareholders alone accounting for over 54%[182].

Financial Performance - The company reported a total revenue of RMB 100 million for the first half of 2021, representing a year-on-year increase of 20%[13]. - The company's operating revenue for the first half of 2021 reached ¥181,193,533.75, an increase of 111.60% compared to the same period last year[19]. - The net profit attributable to shareholders increased by 148.48% year-on-year, amounting to ¥54,184,577.53[21]. - The net profit after deducting non-recurring gains and losses rose by 118.36%, totaling ¥47,067,006.56[21]. - The company's total assets increased by 158.93% year-on-year, reaching ¥595,307,567.76[19]. - Basic and diluted earnings per share both grew by 113.02%, reaching ¥0.7741[20]. - The net cash flow from operating activities was ¥58,923,699.22, reflecting a 120.46% increase year-on-year[19]. - The company's net assets attributable to shareholders increased by 221.66% to ¥522,037,159.17[19]. - The company achieved operating revenue of CNY 181.19 million in the first half of 2021, representing a year-on-year increase of 111.60%[75]. - The net profit attributable to the parent company for the first half of 2021 was 54.18 million RMB, representing a year-on-year growth of 148.48%[65]. Research and Development - The company is investing RMB 20 million in R&D for new MEMS technology, aiming to enhance product offerings and maintain competitive advantage[13]. - Research and development expenses accounted for 6.26% of operating revenue, a decrease of 0.91 percentage points compared to the previous year[20]. - The company's R&D expenses increased by 84.66% year-on-year, totaling approximately ¥11.34 million, primarily due to the expansion of the R&D team and increased salaries for some personnel[44][45]. - The total R&D investment accounted for 6.26% of operating revenue, a decrease from 7.17% in the previous period, reflecting a reduction of 0.91 percentage points[44]. - The company obtained 1 invention patent and 2 utility model patents during the reporting period, bringing the total number of patents to 64[41][42]. Market Expansion and Strategy - Future outlook includes a projected revenue growth of 30% for the second half of 2021, driven by new product launches and market expansion strategies[13]. - Market expansion efforts include entering two new international markets, with an expected contribution of 10% to total revenue by the end of 2021[13]. - The company is actively exploring market expansion opportunities and new product development to strengthen its competitive edge in the industry[36]. - The company focuses on MEMS micro-electromechanical systems and semiconductor chip testing, aiming to become a world-class precision manufacturing enterprise since its establishment in 2012[32]. Production and Technology - The production capacity for MEMS shielding covers over 200,000 units per day under high-precision conditions, significantly reducing product costs[39]. - The company has achieved a waterproof and dustproof rating of IP67 for its products, significantly improving their market competitiveness[39]. - The production capacity of probe products was improved from 150 units per hour to 250 units per hour, achieving a 50% increase in production efficiency under mass production conditions[40]. - The company developed a new deep-drawing process for semiconductor test probe sleeves, which is expected to reduce costs by 20-30% compared to imported components[40][44]. - The company has maintained a defect rate of less than 5 ppm in mass production of MEMS micro-shields, enhancing its competitive edge in the market[61]. Financial Integrity and Governance - The company has maintained a strong cash position with RMB 50 million in cash reserves, ensuring liquidity for future investments[13]. - No significant non-operational fund occupation by controlling shareholders was reported, ensuring financial integrity[13]. - The company emphasizes the importance of internal control and governance to ensure accurate information disclosure and protect investor rights[68]. - The company has ensured that no non-operational fund occupation occurred by controlling shareholders and related parties during the reporting period[165]. Shareholder and Compliance Matters - The company commits to not transferring or entrusting the management of shares held prior to the IPO for 36 months from the date of listing[101]. - The company will comply with relevant regulations regarding shareholding and changes in shareholding, ensuring integrity in fulfilling shareholder obligations[104]. - The company will ensure stable operations and compliance with laws and regulations regarding shareholding[106]. - The company has committed to avoiding any business competition with its actual controller, ensuring no self-operated or jointly operated businesses that are similar to the company's operations exist[155]. - The company has established a commitment to reduce and regulate related party transactions, ensuring all transactions are disclosed and conducted at fair market prices[158].

Financial Performance - Net profit attributable to shareholders rose by 221.49% to CNY 33,957,258.43 year-on-year[5] - Operating income grew by 134.05% to CNY 90,244,075.86 compared to the same period last year[5] - Basic earnings per share increased by 221.59% to CNY 0.566[7] - The company reported a net profit for Q1 2021, with significant improvements in various financial metrics compared to the previous year, indicating positive growth prospects[24] - The company's net profit for Q1 2021 was CNY 33,957,258.43, a significant increase from CNY 10,562,476.86 in Q1 2020, representing a growth of approximately 221%[25] - Operating income for Q1 2021 reached CNY 39,316,251.50, compared to CNY 12,086,541.04 in the same period last year, indicating an increase of about 225%[25] Revenue and Income Growth - The company's revenue for Q1 2021 reached RMB 90,244,075.86, representing a 134.05% increase compared to RMB 38,557,500.10 in the same period last year, primarily driven by increased income from semiconductor chip testing services[17] - The total revenue from sales and services received in Q1 2021 was CNY 82,536,993.26, compared to CNY 46,722,504.68 in Q1 2020, representing an increase of about 77%[28] Cash Flow and Liquidity - Cash flow from operating activities increased by 300.57% to CNY 29,190,650.60 year-on-year[5] - Operating cash flow for Q1 2021 was CNY 29,190,650.60, a significant increase of 300.57% compared to CNY 7,287,333.64 in Q1 2020, primarily due to increased sales collections[19] - Total cash and cash equivalents at the end of Q1 2021 amounted to CNY 368,454,498.13, compared to CNY 6,700,699.56 at the end of Q1 2020, showing a substantial increase of over 5,400%[29] - The company reported cash inflow from financing activities of CNY 321,440,000.00 in Q1 2021, a significant rise compared to a cash outflow of CNY 19,333.34 in Q1 2020[28] Assets and Liabilities - Total assets increased by 154.23% to CNY 584,520,752.89 compared to the end of the previous year[5] - The company's total liabilities as of March 31, 2021, were CNY 76,310,912.82, compared to CNY 67,619,781.53 at the end of 2020[22] - The company's equity increased to CNY 508,209,840.07 as of March 31, 2021, from CNY 162,295,034.47 at the end of 2020, reflecting strong financial health[23] Research and Development - Research and development expenses as a percentage of operating income decreased by 29.06 percentage points to 4.76%[7] - Research and development expenses increased by 66.12% to RMB 4,295,798.97 from RMB 2,585,959.39, indicating a significant investment in innovation[17] - R&D expenses for Q1 2021 were CNY 4,295,798.97, up from CNY 2,585,959.39 in the same period last year, indicating a focus on innovation[24] Shareholder Information - The total number of shareholders reached 9,104 at the end of the reporting period[11] - The largest shareholder, Luo Xingshun, holds 38.25% of the shares, totaling 30,600,000 shares[12] Government Support - The company received government subsidies amounting to CNY 6,729,176.75 during the reporting period[9] - Other income saw a remarkable increase of 3307.19%, reaching RMB 6,758,280.01 compared to RMB 198,353.69, largely due to government subsidies received[17] Operating Costs - Operating costs for the same period were RMB 48,315,140.92, up 131.34% from RMB 20,885,095.56, reflecting higher costs associated with semiconductor chip testing[17] - The company incurred operating expenses of CNY 61,562,647.40 in Q1 2021, which is an increase from CNY 39,713,968.81 in Q1 2020, reflecting a growth of approximately 55%[28] Tax and Deferred Expenses - The company’s tax expenses increased by 251.51% to RMB 5,356,624.90 from RMB 1,523,911.27, driven by higher profits[17] - The company’s long-term deferred expenses rose by 93.99% to RMB 7,601,805.68 from RMB 3,918,588.94, attributed to workshop upgrades[16] Capital and Reserves - The total capital reserve increased by 430.41% to RMB 359,789,859.55 from RMB 67,832,312.38, reflecting the premium from the public offering[16] Cash Flow from Investing Activities - Net cash flow from investing activities was -CNY 9,665,725.59, reflecting higher fixed asset purchases compared to -CNY 3,762,261.99 in the previous year[19] Accounting Practices - The company has not applied the new leasing standards for the current year, indicating a focus on maintaining existing accounting practices[29]