Financial Performance - As of June 30, 2021, the company's distributable profit amounted to RMB 126,287,410.85, with a proposed cash dividend of RMB 3.00 per 10 shares, totaling RMB 44,160,000.00, which represents 63.72% of the net profit attributable to shareholders[7]. - The company's operating revenue for the first half of 2021 reached ¥349,374,431.36, representing a year-on-year increase of 100.53%[29]. - Net profit attributable to shareholders increased by 245.25% year-on-year, amounting to ¥69,298,333.41, primarily due to a low base from the previous year impacted by COVID-19[30]. - The net cash flow from operating activities surged by 658.01% to ¥44,077,826.18, driven by significant revenue growth and improved collection efforts[33]. - The company's total assets at the end of the reporting period were ¥1,338,504,777.40, reflecting a year-on-year increase of 55.92%[29]. - The net assets attributable to shareholders grew by 101.49% year-on-year, totaling ¥721,378,825.06, bolstered by funds raised from the IPO[33]. - Basic earnings per share rose by 250.00% to ¥0.63, influenced by the low profit base from the previous year[29]. - The company achieved total revenue of RMB 349,374,431.36, a year-on-year increase of 100.53%[71]. - Operating costs rose to RMB 200,575,927.24, reflecting a 93.11% increase compared to the previous year[71]. - The net profit attributable to the parent company reached RMB 69,298,333.41, a significant increase of 245.25% year-on-year[71]. Research and Development - The company's R&D investment as a percentage of operating revenue was 7.35%, a decrease of 1.31 percentage points compared to the previous year[29]. - The company increased its R&D investment to ¥25,663,893.14 in the first half of 2021, representing a 70.06% increase compared to the same period last year[47]. - R&D expenses accounted for 7.35% of total revenue, a decrease of 1.31% from the previous year[50]. - The company applied for 21 new patents in the first half of 2021, including 4 invention patents, and obtained 13 patents during the same period[46]. - The company is focusing on the development of high-end PCB electroplating equipment and expanding the application of its vertical continuous core technology in new energy battery materials and photovoltaic equipment[45]. - The company has achieved significant progress in R&D projects, including the development of a high-speed continuous rolling plating line, which is currently in the design phase[55]. - The company is actively addressing industry pain points through the development of environmentally friendly and efficient continuous plating lines and other innovative technologies[45]. - The company has established a technology innovation incentive mechanism to encourage R&D and the application of technological achievements[69]. - The company is committed to increasing investment in high-end talent and improving its R&D capabilities to strengthen its core competitiveness[69]. Market Expansion and Product Development - The company is focused on expanding its market presence and developing new technologies, although specific details are not provided in the report[10]. - The PCB industry in China is expected to grow rapidly, driven by demand from emerging fields such as 5G and artificial intelligence, which will benefit the company's market expansion[39]. - The company has successfully exported its products to Japan, South Korea, Europe, and Southeast Asia, gaining high recognition from foreign clients[41]. - The company is focusing on market expansion through the development of new technologies and products, including a new type of conveying temporary storage machine with a cost of 1,500,000.00 RMB[60]. - The company plans to enter three new international markets by Q3 2021, which is anticipated to increase market share by 10%[147]. Corporate Governance and Compliance - The board of directors has approved the profit distribution plan, which is subject to the shareholders' meeting[8]. - The company has a commitment to corporate governance and transparency, ensuring all board members attended the meeting[6]. - The financial report has been confirmed by the company's responsible persons to be true, accurate, and complete[6]. - The company does not plan to issue bonus shares or increase capital through reserves[7]. - The company does not belong to heavily polluting industries and has minimal environmental impact from its operations[109]. - The company has implemented measures to strengthen workshop ventilation to meet the requirements for non-organized emissions during the welding process, where the workload is relatively low[110]. - The company will publicly disclose reasons for not executing the share price stabilization measures if applicable[131]. - The company committed to strictly adhere to all public commitments made during the initial public offering and listing on the Sci-Tech Innovation Board, actively accepting social supervision[139]. Risks and Challenges - The report includes a detailed discussion of various risks faced by the company and corresponding countermeasures[5]. - The company faces risks related to talent retention, as the industry is highly competitive and requires specialized expertise[76]. - There is a risk of needing to continuously acquire new customers, as the company's products are customized and have long usage cycles[77]. - Management risks may arise if the company's management mechanisms do not adapt to the growing scale of operations[77]. Shareholder Information - The company has a total share capital of 147,200,000 shares as of June 30, 2021[7]. - The total number of ordinary shareholders at the end of the reporting period is 8,183[176]. - The largest shareholder, Liu Jianbo, holds 47,600,000 shares, representing 32.34% of the total shares[177]. - The second-largest shareholder, Xiao Zhiguo, holds 8,139,909 shares, accounting for 5.53%[177]. - The total number of shares with limited sale conditions is 113,729,928[173]. - The top ten shareholders collectively hold 50% of the total shares[177]. Environmental and Social Responsibility - Solid waste primarily consists of metal and plastic scraps, which are collected for resale, while domestic waste is handled by sanitation departments[110]. - Noise levels from production equipment range from 65-85 dB(A), and after noise reduction measures, the noise level at the company boundary can meet the Class 3 standard of the Industrial Enterprise Factory Boundary Environmental Noise Emission Standard (GB12348-2008)[110].