Group 1: Financial Performance - In 2021, the company's revenue reached 875 million CNY, representing a year-on-year growth of 36.21% [3] - Revenue from the 3C industry was 518 million CNY, with a growth of 4.39% [3] - Revenue from the new energy sector was 258 million CNY, showing a significant increase of 241.69% [3] - The net profit for 2021 grew by 24.04%, which was lower than the revenue growth rate [4] Group 2: Impact of COVID-19 - The pandemic did not directly affect the company's production capacity, as the location remained outside the lockdown zones [3] - The company adopted a strategy of combining order fulfillment with stockpiling to meet customer delivery needs [3] Group 3: Business Developments - The company has strengthened cooperation with 3C customers, expanding its product line from mobile phones to tablets, headphones, and smartwatches [4] - In the new energy sector, machine vision applications are increasingly recognized by leading enterprises [4] - The company is focusing on enhancing its core technologies and product lines, including machine vision hardware and software [6] Group 4: Market Position and Competition - The company has advantages in customized solutions, independent R&D capabilities, and cost efficiency, but faces challenges in brand recognition compared to international competitors [4] - Concerns about low-price competition are seen as a short-term phenomenon, with the company maintaining a strong position due to its extensive experience and case studies in the industry [4] Group 5: Future Plans - The company plans to continue investing in R&D, focusing on advanced technologies such as deep learning and 3D processing [6] - New factory constructions in Dongguan and Suzhou are underway, with the Dongguan facility expected to relocate in the second half of the year [5]

编号：2022-006 证券代码：688686 证券简称：奥普特 广东奥普特科技股份有限公司投资者关系活动记录汇总表 | --- | --- | |------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

编号：2022-005 证券代码：688686 证券简称：奥普特 | --- | --- | |--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥309,276,045.79, representing a year-on-year increase of 22.97%[6] - The net profit attributable to shareholders for Q3 2022 was ¥84,253,226.43, with a year-on-year growth of 12.76%[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥75,707,058.28, reflecting a 13.97% increase compared to the same period last year[6] - Total operating revenue for the first three quarters of 2022 reached ¥910,233,548.46, a 41.5% increase compared to ¥643,530,913.97 in the same period of 2021[34] - Operating profit for Q3 2022 was ¥309,237,330.60, up 27.0% from ¥243,848,224.26 in Q3 2021[36] - Net profit for Q3 2022 was ¥279,725,330.64, representing a 28.3% increase from ¥217,960,082.09 in Q3 2021[36] - Basic earnings per share for Q3 2022 were ¥2.2916, compared to ¥1.7856 in Q3 2021, reflecting a 28.4% increase[40] - Net profit for the first three quarters of 2022 was ¥290,031,007.80, representing a 28.8% increase from ¥225,250,492.79 in the previous year[59] Research and Development - The total R&D investment for Q3 2022 was ¥49,051,421.38, which is a 36.84% increase year-on-year[9] - R&D investment accounted for 15.86% of operating revenue, an increase of 1.61 percentage points compared to the same period last year[9] - Research and development expenses for the first three quarters of 2022 totaled ¥138,776,172.22, a 43.9% increase from ¥96,480,718.20 in the same period of 2021[34] - Research and development expenses increased to ¥131,752,696.79, up 45.7% from ¥90,417,237.01 in the first three quarters of 2021[54] - The company plans to continue focusing on R&D and market expansion to drive future growth[56] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥2,917,884,077.54, an increase of 8.01% from the end of the previous year[9] - The equity attributable to shareholders at the end of Q3 2022 was ¥2,726,093,491.25, up 8.40% from the previous year[9] - Total current assets as of September 30, 2022, amounted to CNY 2,565,974,077.64, an increase from CNY 2,480,899,305.81 as of December 31, 2021, representing a growth of approximately 3.6%[25] - Total assets as of September 30, 2022, were CNY 2,917,884,077.54, up from CNY 2,701,521,819.33, which is an increase of about 8%[28] - Total liabilities amounted to CNY 184,213,321.00, slightly up from CNY 177,834,846.11, indicating a growth of approximately 3.8%[28] - Total liabilities as of the end of the reporting period were ¥191,790,586.29, an increase from ¥186,655,021.98 at the end of the previous period[34] - The total liabilities amounted to 187,522,365.04 RMB, slightly up from 184,150,773.62 RMB, suggesting stable leverage levels[51] Cash Flow - The cash flow from operating activities for the year-to-date was negative at -¥75,610,699.44[6] - Cash flow from operating activities for the first three quarters of 2022 was ¥452,620,987.19, down from ¥568,052,869.17 in the same period of 2021[40] - The net cash flow from operating activities was -75,610,699.44 RMB, a decrease from 107,155,017.06 RMB in the previous year, indicating a significant decline in operational performance[44] - The company reported a net cash outflow from operating activities of ¥96,919,017.32, an improvement from a net outflow of ¥203,212,161.49 in the same period last year[60] - Cash inflow from investment activities totaled 2,651,910,900.19 RMB, up from 2,377,331,039.06 RMB year-over-year, reflecting an increase in investment recovery[44] - The net cash flow from investment activities improved to 232,035,064.95 RMB, compared to a negative cash flow of -544,113,427.44 RMB in the previous year, showing a turnaround in investment performance[44] - Investment activities generated a net cash inflow of ¥186,636,754.82, a significant recovery from a net outflow of ¥674,375,476.44 in the previous year[62] Shareholder Information - The number of shareholders at the end of the reporting period was 4,658, with the top ten shareholders holding a significant portion of shares[20] - The company paid out 94,847,020.50 RMB in dividends, an increase from 82,576,486.64 RMB, indicating a commitment to returning value to shareholders[46] Sales and Expenses - The sales expenses for the year-to-date increased by 49.89%, primarily due to an increase in sales personnel and related costs[15] - The company’s sales expenses increased to ¥136,991,255.95, up 53.2% from ¥89,401,154.58 in the first three quarters of 2021[54] Other Information - The company has not disclosed any new product developments or market expansion strategies during this reporting period[23] - There were no significant mergers or acquisitions reported in the current quarter[23] - Other comprehensive income after tax for Q3 2022 was ¥1,018,553.14, compared to ¥358,796.89 in Q3 2021[39] - Deferred income tax liabilities increased to ¥2,991,894.78 from ¥633,606.66 in the previous period[34] - The company's cash and cash equivalents at the end of the period were 658,156,860.52 RMB, compared to 1,098,536,423.69 RMB at the end of the previous year, indicating a decrease in liquidity[46]

Capital Increase and Shareholder Information - The company plans to increase its total share capital from 82,475,670 shares to 122,063,992 shares by distributing 39,588,322 shares to shareholders at a ratio of 4.8 shares for every 10 shares held[7]. - The company does not plan to distribute cash dividends or issue bonus shares for this reporting period[7]. - The controlling shareholders committed to not transferring or entrusting their shares for 36 months post-IPO[143]. - If the share price falls below the IPO price for 20 consecutive trading days within 6 months post-IPO, the lock-up period will be extended by 6 months[143]. - Shareholders are restricted to selling no more than 25% of their shares annually during their tenure and for 6 months post-termination[143]. - The company will not repurchase shares held by shareholders during the lock-up period[143]. - Any reduction in shareholding must comply with relevant laws and regulations, ensuring proper disclosure[143]. - Shareholders must return any gains from share sales that violate commitments to the company[145]. Financial Performance - Revenue for the first half of 2022 reached approximately ¥600.96 million, representing a year-on-year increase of 53.29%[26]. - Net profit attributable to shareholders increased by 36.46% year-on-year, amounting to approximately ¥195.47 million[26]. - Net profit after deducting non-recurring gains and losses grew by 38.78% year-on-year, totaling approximately ¥179.33 million[26]. - Basic and diluted earnings per share rose by 36.46% to ¥2.3701[24]. - The weighted average return on equity increased by 1.58 percentage points to 7.77%[24]. - Operating revenue increased by 53.29% year-on-year, driven by a 132.46% growth in the new energy sector and a 38.00% growth in the 3C electronics sector[99]. - Operating costs rose by 51.34% year-on-year, primarily due to the increase in operating revenue[99]. Research and Development - Research and development expenses accounted for 14.93% of operating revenue, a decrease of 0.54 percentage points compared to the previous year[24]. - R&D expenses increased by 47.97% year-over-year, primarily due to the growth in R&D personnel, an increase in R&D projects, and higher share-based payment expenses[51]. - Total R&D investment reached ¥89.72 million, compared to ¥60.64 million in the same period last year, representing a 47.97% increase[50]. - The number of R&D personnel increased to 736, representing 33.21% of the total workforce, with an average salary of 9.97 thousand[69]. - The company has received 8 invention patents, 70 utility model patents, and 4 design patents during the reporting period, bringing the total to 38 invention patents and 270 utility model patents[46]. Operational Risks and Governance - The company has outlined various operational risks and corresponding mitigation strategies in the report[5]. - The company does not have any non-operating fund occupation by controlling shareholders or related parties[9]. - The company has not violated any decision-making procedures for providing guarantees[10]. - The company has confirmed that all board members attended the board meeting, ensuring accountability for the report's accuracy[6]. - The company has not disclosed any special arrangements for corporate governance[8]. Market and Industry Insights - The machine vision industry in China grew from 10.18 billion yuan in 2018 to 16.38 billion yuan in 2021, with a compound annual growth rate (CAGR) of 17.18%[41]. - The market size of the machine vision industry is projected to increase from 21.51 billion yuan in 2022 to 40.36 billion yuan in 2024, achieving an annual CAGR of 37.0%[41]. - The company has established a stable customer base, with products applied in production lines of globally recognized enterprises[41]. - The penetration of machine vision technology is expected to increase as automation and intelligent manufacturing in China advance[43]. Environmental Compliance - The company has not experienced any environmental pollution incidents during the reporting period and has complied with all relevant environmental laws and regulations[127]. - Energy consumption during the reporting period included 12,600 tons of water and 996,147.4 kWh of electricity[128]. - The company has implemented strict internal systems for waste gas and wastewater management to ensure compliance with national and local regulations[130]. - The company is focused on optimizing production technology to reduce greenhouse gas emissions and increase the use of renewable energy[127]. Corporate Governance and Shareholder Commitments - The company has committed to maintaining stable operations and control arrangements post-IPO[143]. - Major violations leading to delisting will prevent shareholders from reducing their holdings until the issue is resolved[145]. - The company will ensure compliance with the Shanghai Stock Exchange regulations regarding share reductions[145]. - The commitments made by the controlling shareholders are unconditional and irrevocable during their period of control over the company[174]. - The company will take necessary actions to eliminate any potential competition arising from its controlling shareholders' other business activities[163]. Investment and Fund Utilization - The company reported a total fundraising amount of CNY 1,618,463,800, with a net amount of CNY 1,535,969,003.72 after deducting issuance costs[191]. - As of the end of the reporting period, the cumulative investment of raised funds amounted to CNY 450,897,703.95, representing 29.36% of the total promised investment[191]. - The company has utilized idle raised funds for cash management, with a balance of CNY 1,012,999,000 as of June 30, 2022[198]. - The company plans to increase the investment amount for the Headquarters R&D Center project from CNY 19,115,210 to CNY 30,940,990 using excess raised funds[199].

Financial Performance - The company's operating revenue for Q1 2022 was ¥218,426,354.30, representing a year-on-year increase of 22.53%[5] - The net profit attributable to shareholders for Q1 2022 was ¥63,207,225.45, with a slight increase of 1.23% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥56,541,051.00, reflecting a year-on-year growth of 7.60%[5] - Total operating revenue for Q1 2022 was CNY 218,426,354.30, an increase of 22.5% compared to CNY 178,265,618.78 in Q1 2021[31] - Net profit for Q1 2022 reached CNY 63,207,225.45, a slight increase of 1.2% from CNY 62,440,580.64 in Q1 2021[35] - The total profit for Q1 2022 was ¥74,409,212.98, slightly higher than ¥70,164,069.01 in Q1 2021[48] - The company reported a total comprehensive income of ¥68,783,065.14 for Q1 2022, compared to ¥64,192,946.89 in Q1 2021[50] Expenses and Costs - Research and development expenses totaled ¥39,335,215.79, accounting for 18.01% of operating revenue, an increase of 0.86% from the previous year[8] - Total operating costs for Q1 2022 were CNY 155,669,739.48, up 39.2% from CNY 111,826,724.65 in Q1 2021[31] - Research and development expenses for Q1 2022 totaled CNY 39,335,215.79, an increase of 28.7% from CNY 30,564,686.33 in Q1 2021[31] - Sales expenses for Q1 2022 were CNY 34,867,599.19, up 52.5% from CNY 22,860,323.58 in Q1 2021[31] - The company experienced a decrease in sales expenses, which rose to ¥29,823,835.52 in Q1 2022 from ¥20,503,206.87 in Q1 2021, reflecting a 45.5% increase[48] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥3,965,552.00, indicating a decrease in cash inflow compared to the previous year[5] - Cash inflow from operating activities in Q1 2022 was CNY 139,259,587.69, down 26.8% from CNY 190,423,529.33 in Q1 2021[37] - The net cash flow from operating activities was -3,965,552.00 RMB, compared to 45,476,808.70 RMB in the previous period[39] - The net cash flow from investing activities was 79,437,670.95 RMB, a significant improvement from -659,028,870.37 RMB in the previous period[39] - The cash and cash equivalents increased to RMB 669,487,056.66 from RMB 595,464,822.48, reflecting a growth of 12.43%[22] - The cash and cash equivalents at the end of Q1 2022 amounted to ¥330,033,178.98, up from ¥599,753,431.48 at the end of Q1 2021[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,769,020,069.61, up 2.50% from the end of the previous year[8] - As of March 31, 2022, the total current assets amounted to RMB 2,522,603,214.24, an increase of 1.68% from RMB 2,480,899,305.81 on December 31, 2021[26] - The total assets reached RMB 2,769,020,069.61, compared to RMB 2,701,521,819.33 at the end of 2021, marking a growth of 2.5%[26] - The total liabilities decreased to RMB 181,978,155.62 from RMB 186,655,021.98, a reduction of 2.6%[28] - The total liabilities amounted to 179,977,825.99 RMB, a decrease from 184,150,773.62 RMB in the previous period[45] - The equity attributable to shareholders increased to RMB 2,587,041,913.99 from RMB 2,514,866,797.35, reflecting a growth of 2.86%[28] - The total equity increased to 2,602,896,466.48 RMB, up from 2,525,317,344.36 RMB year-over-year[45] Shareholder Information - The top ten shareholders held a combined 77.92% of the company's shares, with the largest shareholder owning 29.79%[15] Government Subsidies - The company received government subsidies amounting to ¥786,208.09, which are closely related to its normal business operations[9]

Financial Performance - The company's operating revenue for 2021 was ¥875,052,964.66, representing a year-on-year increase of 36.21% due to high demand in the new energy sector and expansion in the 3C electronics industry [23]. - Net profit attributable to shareholders for 2021 was ¥302,864,741.10, a year-on-year increase of 24.04, driven by revenue growth and increased financial income [23]. - The net cash flow from operating activities increased by 80.63% year-on-year, amounting to ¥173,008,609.08, attributed to improved collection policies and recovery of accounts receivable [23]. - Basic and diluted earnings per share decreased by 6.97% to ¥3.6722, while the weighted average return on equity dropped by 24.79% to 12.64% due to an increase in share capital [23]. - The total assets at the end of 2021 were ¥2,701,521,819.33, reflecting an 11.25% increase compared to the previous year [23]. - The net profit after deducting non-recurring gains and losses for 2021 was ¥261,512,614.90, a 13.19% increase year-on-year, primarily driven by sales revenue growth [23]. - The company reported a non-recurring profit of 41.35 million RMB, compared to 13.13 million RMB in the previous year [34]. - The company's operating revenue for the reporting period increased by 36.21% year-on-year, reaching approximately ¥875.05 million, while operating costs rose by 75.04% [112]. - The net profit attributable to shareholders increased by 24.04% year-on-year, primarily due to revenue growth, increased financial investment income, and government subsidies [105]. - The company's gross profit margin is under pressure due to a higher proportion of lower-margin revenue from the new energy sector, which has affected overall profitability [105]. Research and Development - Research and development expenses accounted for 15.67% of operating revenue, up from 11.90% in the previous year, indicating a strategic focus on innovation [26]. - Research and development investment reached 137.106 million CNY, marking a 79.36% year-over-year increase, with the R&D personnel count rising by 30.24% to 715 [40]. - The company has 24 ongoing research projects, with 18 completed, 3 in research phase, and 3 in trial production phase, focusing on enhancing speed and precision for various application scenarios [40]. - The company obtained 9 invention patents, 64 utility model patents, and 6 design patents during the reporting period, bringing the total to 30 invention patents and 200 utility model patents [40]. - The company is focusing on enhancing its core technologies, including deep learning and 3D processing, to strengthen its competitive advantage in the machine vision market [57]. - R&D investment over the past three years was 58.18 million, 76.44 million, and 137.11 million, representing 11.09%, 11.90%, and 15.67% of revenue respectively [83]. - The company has established a comprehensive product system in machine vision, covering key components such as light sources, lenses, and vision control systems [87]. Market and Industry Trends - The Chinese machine vision industry scale grew from CNY 101.80 billion in 2018 to CNY 144.20 billion in 2020, with a compound annual growth rate (CAGR) of 19.02% [52]. - The market size is projected to increase from CNY 180.70 billion in 2021 to CNY 296.00 billion in 2023, achieving a CAGR of 28.0% [52]. - The company is actively expanding its overseas market presence in the semiconductor and automotive industries, contributing to notable revenue growth [40]. - The penetration of machine vision technology is expected to increase as automation and intelligent manufacturing in China advance, expanding its application across more industries [53]. - The machine vision market is anticipated to benefit from the "Made in China 2025" strategy, promoting deeper integration into existing manufacturing processes [53]. - The company aims to expand its market presence in the semiconductor and automotive sectors while consolidating its position in the 3C electronics and rapidly growing new energy markets [146]. - The Chinese machine vision market is projected to grow from CNY 18.07 billion in 2021 to CNY 29.6 billion by 2023, with a compound annual growth rate of 28.0% [146]. Corporate Governance and Management - The company has not achieved profitability since its listing [4]. - The company has detailed various risks and countermeasures in its annual report, particularly in the "Management Discussion and Analysis" section [4]. - The company does not have any special arrangements for corporate governance [7]. - The company has not violated decision-making procedures for external guarantees [8]. - The company is committed to improving its corporate governance structure in compliance with relevant laws and regulations, enhancing decision-making and risk prevention mechanisms [156]. - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to 550,800,000 CNY [168]. - The company has a remuneration and assessment committee that reviews and approves the remuneration of directors, supervisors, and senior management [176]. Risks and Challenges - The company has faced risks related to technological obsolescence and the need to keep pace with industry advancements to maintain its competitive edge [92]. - The company is facing risks related to the loss of key technical personnel, which could impact its R&D and innovation capabilities [94]. - The company has multiple new products in the planning or development stages, but there are risks associated with R&D failures and market competition [99]. - The company’s management faces challenges in adapting to the expanded scale of operations, which could affect future profitability if not addressed [95]. - The company is exposed to macroeconomic risks, including trade tensions that could affect its export business and operational costs [102]. Employee and Talent Management - The total number of employees in the parent company is 1,641, and the total number of employees including major subsidiaries is 1,825 [194]. - The company has a total of 743 sales personnel and 715 technical personnel, indicating a strong focus on sales and technology [194]. - The company emphasizes employee training, providing various training programs, including onboarding and management training, to enhance skills and career development [198]. - The establishment of a school-enterprise cooperation division aims to address the shortage of skilled talent in the machine vision field, with plans to develop six related courses [199].

Financial Performance - The company's operating revenue for Q3 2021 was ¥251,497,654.60, representing a year-on-year increase of 12.94%[5] - The net profit attributable to shareholders for Q3 2021 was ¥74,716,494.78, a decrease of 26.49% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥66,424,992.97, down 33.06% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥643,530,913.97, a 39% increase from ¥463,040,511.13 in the same period of 2020[25] - Net profit for the first three quarters of 2021 was ¥217,960,082.09, compared to ¥181,423,845.90 in 2020, indicating a growth of approximately 20%[27] - The company reported a total comprehensive income of ¥218,318,878.98 for the first three quarters, compared to ¥180,945,013.41 in the previous year, marking an increase of approximately 21%[29] Research and Development - The total R&D investment for Q3 2021 was ¥35,845,301.85, an increase of 171.04% compared to the same period last year[7] - R&D investment accounted for 14.25% of operating revenue in Q3 2021, an increase of 8.31 percentage points year-on-year[7] - Research and development expenses increased to ¥96,480,718.20, nearly doubling from ¥45,500,850.83 in the previous year, highlighting a focus on innovation[25] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥2,577,722,226.62, an increase of 6.15% from the end of the previous year[7] - The total current assets increased to ¥2,390,476,554.79 from ¥2,334,442,626.51, reflecting a growth of about 2.4%[19] - The total liabilities increased from ¥1,000,000,000 to ¥1,200,000,000, showing a rise of 20%[21] - The company's total liabilities rose to ¥149,822,941.04 from ¥136,249,396.11, indicating an increase in financial obligations[23] - The total equity attributable to shareholders increased to ¥2,427,899,285.58 from ¥2,292,056,076.60, reflecting a growth of about 6%[23] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥107,155,017.06, reflecting a significant increase of 1,165.17% year-on-year[5] - Cash flow from operating activities was ¥568,052,869.17, significantly higher than ¥300,952,715.42 in the same period last year, showing improved cash generation[30] - The company's cash and cash equivalents as of September 30, 2021, amount to ¥1,098,536,423.69, down from ¥1,625,665,557.36 at the end of 2020, representing a decrease of approximately 32.3%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 3,833[13] - The largest shareholder, Lu Zhiling, holds 24,570,000 shares, accounting for 29.79% of the total shares[13] Earnings Per Share - The basic earnings per share for Q3 2021 was ¥0.9059, a decrease of 44.51% compared to the same period last year[6] - The basic earnings per share for the first three quarters of 2021 was ¥2.6427, down from ¥2.9330 in 2020, indicating a decrease in profitability per share[29] Other Financial Metrics - The weighted average return on net assets for Q3 2021 was 3.07%, a decrease of 79.84 percentage points year-on-year[7] - Deferred income increased to ¥2,419,428.77 from ¥1,822,955.68, suggesting growth in future revenue recognition[23] - The company paid CNY 82,576,486.64 in dividends and interest, an increase from CNY 50,064,597.50 in the previous period, reflecting a growth of about 64.9%[34]

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%[16]. - The net profit attributable to shareholders was RMB 15 million, up 25% compared to the same period last year[16]. - The company's operating revenue for the first half of the year reached ¥392,033,259.37, a 63.11% increase compared to ¥240,351,604.01 in the same period last year[23]. - Net profit attributable to shareholders increased by 79.53% to ¥143,243,587.31, up from ¥79,786,016.35 year-on-year[23]. - The net cash flow from operating activities surged by 233.26% to ¥114,717,225.48, compared to ¥34,422,889.42 in the previous year[23]. - Basic and diluted earnings per share rose by 34.65% to ¥1.7368, up from ¥1.2899 in the same period last year[23]. - The management has provided a performance guidance of 15-20% revenue growth for the full year 2021[16]. Research and Development - The company is investing RMB 10 million in R&D for new technologies, aiming to enhance product capabilities and market competitiveness[16]. - The total R&D investment for the period was 60,635,416.35 yuan, representing an increase of 87.87% compared to the previous period, with R&D expenses accounting for 15.47% of operating revenue[40]. - The number of R&D personnel increased by 184 compared to the same period last year, contributing to higher salary and material costs[41]. - The company has applied for 54 new patents during the reporting period, including 27 invention patents and 23 utility model patents, bringing the total number of applied patents to 475[39]. - The company is focusing on advancing deep learning technology, 3D processing and analysis technology, and visual analysis technology to enhance its competitive edge in the machine vision market[36]. Market Expansion and Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, with an expected revenue contribution of 15% by the end of 2022[16]. - The company aims to enhance its service capabilities and continuously introduce new products to expand its market share and sales scale[32]. - The company is focusing on market expansion in the lithium battery and automation sectors, with applications in high-speed lithium battery cutting and coating machines[12][22]. - The company has established long-term partnerships with major clients such as Huawei, Google, and BYD, enhancing its brand advantage[66]. Product Development - The company plans to launch two new products in Q3 2021, focusing on advanced machine vision technology[16]. - The company has developed a comprehensive product system in machine vision, covering key components such as light sources, lenses, and vision control systems[64]. - The company has expanded its product line to include core components such as light sources, light source controllers, lenses, cameras, and visual controllers, positioning itself in the mid-to-high-end market[32]. Risks and Challenges - The company has identified potential risks including market competition and supply chain disruptions, with mitigation strategies in place[16]. - The company faces risks related to technology obsolescence and competition in the machine vision industry[73]. - The company is at risk of declining gross margins due to increased competition and potential price reductions in the machine vision market[79]. Sustainability and Social Responsibility - The company emphasizes its commitment to sustainability and social responsibility in its operations[16]. - The company adheres to strict environmental regulations, ensuring that emissions meet the standards set by local authorities[120]. - The company focuses on reducing carbon emissions and enhancing production efficiency through smart machine vision products[123]. Shareholder Commitments and Governance - The company has committed to not transferring or entrusting the management of its shares for 36 months post-IPO[134]. - The company will ensure compliance with relevant laws and regulations regarding share transfers and disclosures by its directors and senior management[141]. - The commitments are unconditional and irrevocable, ensuring ongoing compliance during the shareholders' tenure[169]. Investment and Financial Management - The total amount of raised funds is 153,596.90 million RMB, with a commitment investment amount of 59,573.12 million RMB for the headquarters machine vision manufacturing center[179]. - The company will strictly manage the use of raised funds to ensure they are used for main business-related projects, aiming to enhance competitiveness and achieve sustained growth[151]. - The company will implement a profit distribution policy that balances reasonable returns to shareholders with sustainable development, ensuring continuity and stability[155].

Financial Performance - The company's operating revenue for 2020 was CNY 642,427,321.77, representing a year-on-year increase of 22.46%[32]. - The net profit attributable to shareholders for 2020 was CNY 244,165,540.43, an increase of 18.27% compared to the previous year[36]. - Basic and diluted earnings per share for 2020 were CNY 3.9473, reflecting a 14.72% increase year-on-year[33]. - The company's total assets at the end of 2020 were CNY 2,428,305,472.71, a 275.99% increase from the previous year[32]. - The net assets attributable to shareholders increased by 306.73% to CNY 2,292,056,076.60 at the end of 2020[32]. - The gross profit margin for 2020 was 73.94%, up 0.35% from the previous year[122]. - The company's main products showed a production increase of over 50% in 2020 compared to 2019, leading to a significant reduction in unit costs[133]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 10 per 10 shares, totaling RMB 82,475,670 (including tax), which represents 33.78% of the net profit attributable to shareholders for the year[8]. - The cash dividend for 2020 accounts for 17.64% of the total undistributed profits as of December 31, 2020, amounting to RMB 467,633,441.93[168]. - The board of directors has approved the profit distribution plan, pending approval from the shareholders' meeting[8]. - The company has committed to strict adherence to its cash dividend policy as outlined in its articles of association[167]. - The company plans to complete the distribution of dividends within two months after the shareholders' meeting approval[168]. Research and Development - Research and development expenses accounted for 11.90% of operating revenue, an increase of 0.81 percentage points from the previous year[33]. - The company has achieved a significant increase in accounts receivable financing, with a balance of approximately ¥44.38 million at the end of the reporting period[45]. - The company has applied for 96 new patents and obtained 5 invention patents, 37 utility model patents, and 8 software copyrights during the reporting period, totaling 176 patents by the end of the period[69]. - Total R&D investment reached ¥76,441,470.59, a 31.38% increase from the previous year, with R&D expenses accounting for 11.90% of operating revenue[72]. - The number of R&D personnel increased by 64.37% to 549 by the end of 2020, contributing to the growth in R&D expenses[73]. Market Position and Strategy - The company ranks among the top five in the domestic machine vision industry, being the only one focused on the production and sales of core machine vision hardware and software[57]. - The global machine vision market size was approximately $9.6 billion in 2020, with a stable growth rate of 12% over the past decade[57]. - The company aims to expand its market presence in sectors such as automotive, chemicals, pharmaceuticals, and logistics while strengthening its foothold in existing markets like 3C electronics and new energy[162]. - The company has established a stable customer base, including major clients such as Huawei, Google, and BYD, enhancing its market presence[57]. - The company is focused on developing flexible and customized services to meet domestic customer needs, leveraging its cost advantages[157]. Risks and Challenges - The company has disclosed potential risks in its operations, which investors should pay attention to, as detailed in the report[6]. - The company faces risks of declining gross margins due to increased competition and rising costs of raw materials and labor[112]. - The company's reliance on the 3C electronics sector is high, with over 70% of revenue coming from this industry, posing risks if market conditions change[113]. - The company is developing multiple new products, but these are still in the R&D phase and face risks of competition and market acceptance[115]. Corporate Governance - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[172]. - The company has a long-term commitment to resolve any potential conflicts of interest with related parties[175]. - The company intends to improve its corporate governance structure to enhance operational efficiency and decision-making processes[164].