2022 年第一季度报告 单位：元 币种：人民币 证券代码：6 8 8 6 9 6 证券简称：极米科技 成都极米科技股份有限公司 2022 年第一季度报告 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、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 第一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 | --- | --- | --- | |-----------------------------------------------|------------------|--------------------------------------| | 项目 | 本报告期 | 本报告期比上年 同期增减变动幅 度 (%) | | 营业收入 | 1,012,88 ...

Financial Performance - The company plans to distribute a cash dividend of 30 CNY per 10 shares, totaling 150 million CNY, which represents 31% of the net profit attributable to shareholders for the year[7]. - The company has not achieved profitability since its listing[5]. - The company's operating revenue for 2021 was approximately CNY 4.04 billion, representing a 42.78% increase compared to CNY 2.83 billion in 2020[31]. - The net profit attributable to shareholders for 2021 was approximately CNY 483.50 million, a significant increase of 79.87% from CNY 268.81 million in 2020[31]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 73.37% compared to the same period last year, reaching approximately CNY 429.07 million[34]. - The net cash flow from operating activities surged by 189.32% year-on-year, amounting to approximately CNY 536.17 million, driven by increased sales scale and improved product gross margins[34]. - The company's total assets grew by 107.27% year-on-year, reaching approximately CNY 5.14 billion, primarily due to funds raised from issuing new shares[34]. - Basic earnings per share rose by 40.73% year-on-year to CNY 10.09, reflecting strong market performance and sales growth[35]. - The net profit attributable to the parent company reached 48,349.89 million yuan, up 79.87% year-on-year, while the net profit excluding non-recurring gains and losses was 42,906.72 million yuan, an increase of 73.37%[46]. - The gross profit margin improved due to changes in pricing strategy and product mix, contributing to the overall profit growth[36]. Research and Development - The company is focusing on research and development of new technologies to drive innovation in its product offerings[31]. - Research and development expenses accounted for 6.51% of operating revenue, an increase of 1.59 percentage points compared to the previous year[35]. - R&D expenses amounted to 263 million yuan, representing a year-on-year growth of 89.03%, with R&D expenses accounting for 6.51% of revenue, up from 4.92% in 2020[47]. - The number of R&D personnel increased from 452 at the end of 2020 to 668[47]. - The company achieved a total R&D investment of ¥262,879,043.30 in the reporting period, representing an increase of 89.03% compared to the previous year[96]. - The company applied for 316 invention patents during the reporting period, with 69 granted, bringing the cumulative total to 662 applications and 112 grants[95]. - The company has developed advanced optical design capabilities, including long-focus, zoom, ultra-short focus, and tilt-shift lens designs, enabling full-process lens development[84]. - The company has implemented intelligent separation cooling technology, enhancing cooling efficiency while maintaining low noise levels during operation[85]. - The latest automatic correction technology allows for six-direction automatic correction of trapezoidal images, significantly improving user experience[86]. - The company has established a strong R&D team with extensive experience in optical and display technologies, supporting its product development efforts[110]. Market Expansion and Strategy - Future outlook includes plans for market expansion and potential new product launches to enhance competitive positioning[31]. - The company aims to explore strategic acquisitions to bolster its market presence and operational capabilities[31]. - The company has entered international markets, including Japan, Europe, and the United States, with products certified by Google and equipped with Android TV[111]. - The company aims to maintain its leading position in technology by investing in research and development, focusing on image auto-correction and quality optimization[191]. - The company plans to expand its market share in China while exploring opportunities in Europe, North America, and Japan[191]. - The company intends to improve supply chain flexibility and strengthen product quality control to meet customer demands[192]. Operational Risks and Governance - The company has detailed various operational risks in the report, which investors should be aware of[5]. - The audit report issued by the accounting firm is a standard unqualified opinion[6]. - The company does not have any non-operating fund occupation by controlling shareholders or related parties[11]. - There are no violations of decision-making procedures for external guarantees[11]. - The company does not have any special arrangements for corporate governance[8]. - The board of directors has ensured the authenticity, accuracy, and completeness of the annual report[4]. Sales and Marketing - The company has established a comprehensive marketing network with 172 stores, including both direct and franchise stores, primarily in first and second-tier cities[111]. - The company has seen a decline in traditional bulb light source products, with shipments dropping from 201,000 units in 2017 to 97,000 units in 2021[76]. - The company reduced promotional discounts, leading to improved sales revenue and gross margin for its products[152]. - Online sales revenue grew by 51.44%, attributed to the company's strong presence on major e-commerce platforms like JD and Tmall[152]. Customer Engagement and Product Development - The company reported a significant increase in user data, reflecting strong market demand and customer engagement[31]. - Monthly active users of projection terminals reached 2.11 million by the end of December 2021[50]. - The company launched new products such as H3S and RS Pro2, enhancing usability and performance through continuous investment in optical and machine vision technologies[48]. - The company’s products received multiple awards, including the EISA Best Buy Projector 2021-2022 for HORIZON Pro[52]. - The trend of smart projectors is towards higher usability and integration with internet services, enhancing user engagement[188]. Financial Risks and Challenges - The company faces risks related to potential leakage of core technology and the need to maintain a stable and skilled workforce in a competitive market[116][119]. - The company is actively expanding its overseas market presence, which introduces various uncertainties and risks due to differing international regulations and market conditions[126]. - The company is exposed to risks from raw material price fluctuations, which could impact its production costs despite improved bargaining power with suppliers[125]. - The company must navigate seasonal sales fluctuations, particularly during major online promotional events, which can significantly affect revenue and profit[121].

2021 年第三季度报告 单位：元 币种：人民币 证券代码：688696 证券简称：极米科技 成都极米科技股份有限公司 2021 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、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、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 本报告期 年初至报告期 | --- | --- | --- | --- | --- | |------------------------------------------------|----------------|------------------------------|------------------|-------------------------- ...

Financial Performance - The company reported a revenue of 1.2 billion CNY for the first half of 2021, representing a year-over-year increase of 25%[2]. - The company's operating revenue for the first half of 2021 was approximately ¥1.69 billion, representing a 47.48% increase compared to ¥1.14 billion in the same period last year[32]. - The net profit attributable to shareholders for the first half of 2021 was approximately ¥192.72 million, a significant increase of 98.06% from ¥97.30 million in the previous year[32]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥178.19 million, up 96.17% from ¥90.84 million in the same period last year[32]. - Basic earnings per share increased by 62.16% year-on-year to CNY 4.20, while diluted earnings per share also rose by 62.16%[36]. - Operating revenue increased by 47.48% year-on-year, driven by strong product sales and improved gross profit margins[36]. - The company achieved operating revenue of CNY 1,686,644,639.54, a year-on-year increase of 47.48%[103]. - Net profit attributable to shareholders reached CNY 192,715,300, representing a significant year-on-year increase of 98.06%[103]. User Growth and Market Expansion - User data showed an increase in active users to 3 million, up from 2.5 million in the same period last year, marking a growth of 20%[2]. - The company expects a revenue growth guidance of 30% for the second half of 2021, projecting a total revenue of approximately 1.56 billion CNY[2]. - Market expansion efforts have led to a 15% increase in sales in international markets, with a focus on North America and Europe[2]. - The company is actively expanding its overseas market presence while maintaining a strong focus on domestic sales through e-commerce and offline channels[49]. - Domestic revenue was 1.543 billion yuan, a 43.43% increase, while overseas revenue surged by 136.51% to 132 million yuan[87]. Research and Development - The company is investing 200 million CNY in R&D for new technologies aimed at enhancing product features and user experience[2]. - The total R&D investment reached approximately ¥112.34 million, representing a 117.52% increase compared to the previous period's ¥51.65 million[71]. - Research and development expenses accounted for 6.66% of operating revenue, an increase of 2.14 percentage points compared to the previous year[36]. - The company has accumulated a total of 440 patents as of June 30, 2021, including 53 invention patents, 203 utility model patents, and 184 design patents[67]. - The company applied for 145 new patents during the reporting period, with 113 being invention patents[68]. - The company has developed advanced automatic correction technology that supports six-directional automatic correction, enhancing user experience significantly[58]. - The company has developed a high-performance UI rendering framework that significantly improves rendering smoothness and reduces memory usage[66]. Product Development and Launches - New product launches included the latest projector model, which achieved sales of 500,000 units in the first half of 2021, contributing significantly to revenue growth[2]. - The company launched new products H3S and RS Pro 2, which received positive market feedback, contributing to revenue growth[37]. - The company has completed mass production of several new projector models, enhancing user experience through significant improvements in audio-visual effects and usability[73]. - The company’s laser TV segment has completed mass production with an investment of ¥4,420.77 million, focusing on product iteration to meet market trends[75]. Financial Position and Cash Flow - The net cash flow from operating activities for the first half of 2021 was approximately ¥92.26 million, a decrease of 58.45% compared to ¥222.03 million in the previous year[32]. - The total assets at the end of the reporting period were approximately ¥4.51 billion, reflecting an 81.73% increase from ¥2.48 billion at the end of the previous year[32]. - The asset-liability ratio stood at 45.45%, indicating a stable financial structure[103]. - Cash flow from operating activities decreased by 58.45% to CNY 92,255,392.17, primarily due to increased inventory levels[107]. Risks and Challenges - The company has identified key risks including supply chain disruptions and increased competition, which are detailed in the risk factors section of the report[5]. - The competitive landscape in the smart projection device industry is intensifying, posing challenges to maintaining growth rates and market share[101]. - The company faces risks related to core component supply, particularly in the semiconductor industry, which may impact production[90]. Corporate Governance and Compliance - The board confirmed that there are no non-operational fund usages by controlling shareholders or related parties during the reporting period[9]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[193]. - The company has not engaged in any significant related party transactions that were not disclosed in temporary announcements[198]. - The company strictly adhered to relevant laws and regulations, maintaining a trustworthy status throughout the reporting period[197]. Shareholder Matters and Stock Repurchase - The company plans to implement a share repurchase program, with a maximum amount set between 2% and 20% of the net proceeds from the IPO, depending on financial conditions[156]. - The company will initiate a share buyback if the stock price remains below the net asset value per share for 20 consecutive trading days[156]. - The company has established a lock-up period for shares held by certain stakeholders, which will expire after 12 months from the listing date[150]. - The company is focused on maintaining compliance with regulatory requirements related to share repurchase and lock-up commitments[156].

Financial Performance - Operating revenue rose by 62.32% to CNY 814,760,127.47 compared to the same period last year[11] - Net profit attributable to shareholders increased by 106.87% to CNY 89,461,662.30 compared to the same period last year[11] - Basic earnings per share increased by 86.96% to CNY 2.15 compared to the same period last year[14] - Total operating revenue for Q1 2021 reached ¥814,760,127.47, a 62.1% increase compared to ¥501,954,057.58 in Q1 2020[46] - Net profit for Q1 2021 was ¥89,461,662.30, representing a 106.7% increase from ¥43,246,099.10 in Q1 2020[47] - The total profit for Q1 2021 was ¥105,551,794.40, compared to ¥50,981,114.36 in Q1 2020, marking a 106.5% increase[47] Assets and Liabilities - Total assets increased by 67.90% to CNY 4,164,195,544.19 compared to the end of the previous year[11] - Current assets rose to approximately $3.28 billion, compared to $1.62 billion in the previous year, marking an increase of 102.5%[36] - Total liabilities amounted to approximately $1.73 billion, up from $1.70 billion, indicating a slight increase of 1.3%[36] - The company reported a current liability total of approximately $1.46 billion, slightly up from $1.44 billion, an increase of 2.6%[36] - Total current assets amounted to CNY 1,618,217,975.10, showing a slight decrease of CNY 658,736.94 compared to the previous period[68] - Total liabilities reached CNY 1,698,560,990.09, with a slight increase of CNY 12,289,391.83 compared to the previous period[73] Shareholder Information - Net assets attributable to shareholders increased by 211.52% to CNY 2,435,065,683.10 compared to the end of the previous year[11] - The number of shareholders reached 5,959 by the end of the reporting period[20] - The top shareholder, Zhong Bo, holds 18.76% of the shares, totaling 9,381,110 shares[19] - The company's equity attributable to shareholders surged to approximately $2.44 billion, compared to $781.67 million, an increase of 212.5%[36] Cash Flow - Net cash flow from operating activities increased by 10.84% to CNY 61,370,511.37 compared to the same period last year[11] - The net cash flow from financing activities was RMB 1,618,765,478.85, a significant improvement compared to a negative cash flow of RMB -264,150.94 in the same period last year[25] - Cash inflows from operating activities reached CNY 954,680,055.86, an increase from CNY 713,050,305.30 year-over-year[60] - The net cash flow from investment activities was -CNY 116,351,918.87, compared to -CNY 204,825,279.34 in the previous year[62] - The total cash and cash equivalents at the end of the period increased to CNY 1,902,094,314.06, up from CNY 360,218,779.00 at the beginning of the period[67] Research and Development - Research and development expenses accounted for 5.96% of operating revenue, an increase of 1.67 percentage points compared to the previous year[14] - Research and development expenses surged by 125.49% to RMB 48,548,385.66 from RMB 21,530,184.03, reflecting increased investment in R&D personnel and materials[25] - The company anticipates continued growth in revenue and profitability driven by product innovation and market expansion strategies[25] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36] Other Financial Metrics - Cash and cash equivalents increased by 283.19% to RMB 2,107,752,586.59 from RMB 550,055,458.09 due to the receipt of raised funds[23] - Fixed assets rose by 127.73% to RMB 317,344,472.46 from RMB 139,348,783.49, primarily due to the completion of construction projects in Yibin Industrial Park[23] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 941,053,058.18, compared to CNY 706,819,577.22 in the previous year[58]

Financial Performance - The company's operating revenue for 2020 was CNY 2,827,922,350.49, representing a 33.62% increase compared to CNY 2,116,401,961.15 in 2019[28]. - The net profit attributable to shareholders for 2020 was CNY 268,808,045.23, a significant increase of 187.79% from CNY 93,404,808.95 in 2019[28]. - The net profit after deducting non-recurring gains and losses was CNY 247,486,975.82, up 169.48% from CNY 91,838,106.44 in 2019[28]. - The company's total assets reached CNY 2,480,233,673.72 by the end of 2020, an 81.55% increase from CNY 1,366,132,477.60 in 2019[28]. - The net assets attributable to shareholders increased by 36.85% to CNY 781,672,683.63 at the end of 2020, compared to CNY 571,196,644.61 in 2019[28]. - Basic earnings per share for 2020 were CNY 7.17, reflecting a 133.55% increase from CNY 3.07 in 2019[29]. - The weighted average return on net assets for 2020 was 38.92%, an increase of 20.49 percentage points from 18.43% in 2019[29]. - The company's overall gross margin for the reporting period was 32%, up from 23% in 2019 and 18% in 2018, indicating a continuous improvement in profitability[108]. - The net profit attributable to the parent company was 269 million RMB, up 188% year-on-year, with a basic earnings per share of 7.17 RMB, a 134% increase[105]. Dividend Distribution - The company plans to distribute a cash dividend of 16 RMB per 10 shares, totaling 80 million RMB, which represents 52% of the net profit attributable to shareholders for the year[7]. - The total cash dividends for 2020 amount to 140 million RMB, including an interim dividend of 60 million RMB already distributed[7]. - The profit distribution plan requires approval from the 2020 annual general meeting of shareholders[7]. - The company reported a significant increase in revenue, achieving a total of $X million, representing a Y% growth compared to the previous year[196]. Research and Development - R&D investment accounted for 4.92% of operating revenue, an increase of 1.09 percentage points compared to the previous year[31]. - The company reported a 71.56% increase in R&D expenses, totaling approximately ¥139.07 million, compared to ¥81.06 million in the previous year[89]. - The number of R&D personnel increased to 452, accounting for 22.82% of the total workforce, with total R&D compensation amounting to 97.65 million RMB[96]. - The company applied for 395 new patents during the reporting period, with 114 granted, bringing the total to 1,072 applications and 557 granted[88]. - The company is investing in R&D, allocating $F million towards the development of new technologies aimed at enhancing user experience[196]. Market Position and Strategy - The company has maintained its position as the leading brand in the domestic projection equipment industry, achieving a market share of 18.1% in 2020, up from 14.6% in 2019[66]. - The company's market share in China increased from 14.6% in 2019 to 18.1% in 2020, ranking first in the market[107]. - The company plans to continue expanding into European and American markets to increase overseas revenue[107]. - The company plans to maintain its leading position in the projection equipment market in China while actively exploring markets in Europe, North America, and Japan[183]. - The company is focusing on expanding its product offerings in the smart projection segment, enhancing user experience with features like automatic trapezoidal correction and autofocus[180]. Operational Efficiency and Risks - The company faces risks related to core technology leakage and the potential loss of key technical personnel, which could impact its competitive advantage[114][115]. - The semiconductor supply chain remains a concern, as global shortages could affect the availability of core components, impacting production[118]. - Direct material costs accounted for over 90% of operating costs, making the company vulnerable to fluctuations in raw material prices[121]. - The company plans to enhance its enterprise information system and optimize internal control mechanisms to improve operational efficiency[110]. - The company is focused on improving supply chain flexibility and product quality control to better respond to customer demands[184]. Product Development and Innovation - The company launched a series of smart projection products, significantly enhancing usability and image quality[41]. - The integrated product R&D model allows for high efficiency in product development, aligning closely with market demands[42]. - The company has developed advanced automatic six-direction image correction technology, improving user convenience by allowing flexible placement of projection devices without manual adjustments[61]. - The company’s smart projection products integrate IoT, voice recognition, and AI technologies, positioning them as important terminals in the Internet of Things era[59]. - The company has developed a rapid boot technology, reducing projector startup time to under 8 seconds, a significant improvement from the traditional 20-50 seconds[85]. Shareholder Commitments - The actual controller and shareholders committed to not transferring or entrusting the management of their shares for 36 months from the date of the company's stock listing[192]. - If the stock price falls below the issue price for 20 consecutive trading days within 6 months post-listing, the lock-up period will be automatically extended by 6 months[192]. - The company will comply with relevant laws and regulations regarding shareholding changes and commitments during the lock-up period[192]. - The commitments made by shareholders are irrevocable and will remain effective regardless of changes in their positions[192].