Financial Performance - The company's operating revenue for the first half of 2023 was ¥498,889,634.11, representing a 21.16% increase compared to ¥411,770,546.08 in the same period last year[40]. - The net profit attributable to shareholders of the listed company was ¥102,222,679.57, up 9.77% from ¥93,123,840.62 in the previous year[40]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥97,415,381.15, reflecting a 13.18% increase from ¥86,073,738.55 year-on-year[40]. - The net cash flow from operating activities was ¥2,612,917.63, a significant recovery from a negative cash flow of ¥40,445,739.17 in the previous year[40]. - Revenue increased by 21.16% year-on-year, driven by market expansion and increased sales in new energy equipment and other devices[42]. Assets and Liabilities - The company's cash and cash equivalents increased to ¥493,814,015.50 as of June 30, 2023, compared to ¥169,409,084.36 at the beginning of the year, representing a growth of approximately 190.1%[10]. - The total assets increased by 40.56% to ¥2,486,913,831.40 from ¥1,769,258,164.19 year-on-year[40]. - The company's total liabilities and shareholders' equity as of June 30, 2023, were not disclosed in the provided content, but the significant changes in cash and receivables suggest a strong liquidity position[9]. - The total amount of trading financial assets at the end of the period was 493,173,125.01 RMB, reflecting a significant increase from the previous period[170]. - The company's lease liabilities at the end of the period amounted to ¥7,625,485.71, down from ¥8,966,978.91 at the beginning of the period, reflecting a decrease of approximately 15%[195]. Research and Development - The company achieved a significant increase in R&D investment, with expenses reaching ¥39,412,538.21 in the first half of 2023, representing a 30.86% increase year-over-year[68]. - The company filed 17 new patent applications during the reporting period, with a total of 491 applications filed to date, of which 342 have been granted[65]. - The total R&D expenditure accounts for 7.90% of operating revenue, up from 7.31% in the previous year[90]. - The company has expanded its R&D team and increased patent technology, laying a solid foundation for maintaining technological leadership[148]. - The company has a total of 183 R&D personnel, representing 14.14% of the total workforce, with an average salary of $13.54 thousand[111]. Market Position and Strategy - The company achieved a market share of over 50% in the vertical continuous plating equipment for PCB, with significant competitive advantages in production efficiency and product quality[46]. - The company is focused on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided content[9]. - The company has established a strong customer network, serving numerous well-known enterprises in the domestic and international electroplating and new energy industries[118]. - The company maintains a market share of over 50% in vertical continuous electroplating equipment in China, demonstrating strong customer recognition and market competitiveness[112]. - The company has a dedicated sales and after-sales service team of over 100 experienced professionals, ensuring timely response to customer needs[118]. Inventory and Receivables - The total inventory value as of the reporting period is ¥397,572,261.00, with a provision for inventory impairment of ¥8,433,725.37[79]. - The balance of prepaid expenses at the end of the period was ¥15,004,521.98, down from ¥21,954,214.26 at the beginning of the period[24]. - Other receivables decreased to ¥4,862,067.70 from ¥5,172,335.82 at the beginning of the period[28]. - The sales contract receivables amount to 51,135,094.47 RMB, with a net book value of 48,578,339.75 RMB after impairment provisions of 2,556,754.72 RMB[84]. - Accounts receivable increased by 9.10% year-on-year to ¥606,135,210.62, representing 24.37% of total assets[161]. Corporate Governance and Management - The company has a stable management team with no core management personnel turnover since its listing, ensuring continuity in strategic growth and development[118]. - The company has been recognized as a national-level specialized and innovative "little giant" enterprise in 2022, reflecting its commitment to innovation and technology[64]. - The company has established a strong market position in the semiconductor cleaning and aerospace sectors, leveraging nearly 20 years of experience in the industry[54]. - The company has ongoing construction projects funded by both raised capital and self-owned funds, indicating a diversified funding strategy[137]. - The company has a comprehensive technology system with multiple patented technologies, maintaining a leading position in key indicators such as electroplating uniformity and through-hole rate[58].

证券代码：688700 证券简称：东威科技 公告编号：2023-014 2022 年度暨 2023 年第一季度业绩说明会的公告 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。 手机端参会：登陆进门财经 APP/进门财经小程序，搜索"688700"进入 昆山东威科技股份有限公司关于召开 现场会议地点：昆山东威科技股份有限公司 1 楼多功能厅 "东威科技（688700）2022 年度暨 2023 年第一季度业绩交流会"；或 扫描下方二维码线上参会： （江苏省苏州市昆山市巴城镇东定路 505 号） 重要内容提示： 电脑端参会：https://s.comein.cn/ANHxp 一、 说明会类型 会议召开方式：现场直播结合网络互动 投资者可于 2023 年 4 月 27 日(星期四)至 5 月 8 日(星期一)16:00 前通 过公司邮箱 DW10798@ksdwgroup.com、网址 https://s.comein.cn/ANHxp 或 扫描下方二维码，进行会前提问，公司将在本次业绩说明会上，在信息披露 会议召开时间：202 ...

Financial Performance - The company's operating revenue for Q1 2023 was RMB 234,318,690.14, representing a year-on-year increase of 20.23%[16] - The net profit attributable to shareholders for Q1 2023 was RMB 50,555,130.81, reflecting a year-on-year growth of 28.09%[16] - The net profit after deducting non-recurring gains and losses was RMB 48,109,331.96, with an increase of 32.87% compared to the previous year[18] - The basic and diluted earnings per share for the period were both RMB 0.34, representing a year-on-year increase of 25.93%[18] - The company reported a net profit of ¥55,606,483.94 for Q1 2023, compared to ¥44,439,483.13 in Q1 2022, indicating a year-over-year growth of 25.0%[50] - Net profit for the first quarter of 2023 reached ¥50,555,130.81, an increase of 28.1% compared to ¥39,468,711.83 in the same period last year[51] Cash Flow - The net cash flow from operating activities for the period was RMB 26,945,080.85, showing a significant increase of 503.46% year-on-year[18] - Cash flow from operating activities generated a net amount of ¥26,945,080.85, compared to a negative cash flow of ¥-6,678,512.75 in the same period last year[32] - Net cash flow from operating activities for the period was ¥25,214,269.60, a significant improvement from a negative cash flow of ¥16,684,373.04 in the previous year[41] - The company's cash inflow from investment activities was ¥210,045,110.72, compared to ¥198,729,244.06 in the previous year, showing a growth of 5.6%[41] Research and Development - Total R&D investment for the period reached RMB 20,761,540.38, which is a 36.86% increase compared to the same period last year[18] - R&D expenses accounted for 8.86% of operating revenue, up by 1.08 percentage points from the previous year[18] - Research and development expenses increased significantly to ¥17,062,311.75 in Q1 2023, compared to ¥9,971,685.74 in Q1 2022, reflecting a growth of 71.1%[39] - Research and development expenses increased to ¥20,761,540.38 in Q1 2023, compared to ¥15,169,637.14 in Q1 2022, marking a rise of 36.5%[50] Assets and Liabilities - The total assets at the end of the reporting period were RMB 1,836,039,668.19, an increase of 3.87% from the end of the previous year[18] - Total assets increased to ¥1,836,039,668.19, up from ¥1,767,688,973.30, representing a growth of approximately 3.9%[26] - The total liabilities amounted to ¥847,548,058.40, compared to ¥829,752,494.32, marking an increase of about 2.9%[26] - Total liabilities increased to ¥832,451,101.46 from ¥790,317,364.16, marking a rise of 5.3% year-over-year[57] Equity - The equity attributable to shareholders at the end of the reporting period was RMB 988,491,609.79, reflecting a growth of 5.39% year-on-year[18] - The company's total equity reached ¥786,978,740.39, up from ¥756,059,022.03, indicating a growth of 4.1%[62] - The retained earnings increased to ¥248,118,113.68 from ¥220,290,367.16, representing a growth of 12.7%[62] Employee Compensation - The company reported a decrease in employee compensation payable to ¥30,106,618.11 from ¥41,446,227.57, a reduction of about 27.3%[26] - The company reported a decrease in employee compensation payable from ¥24,582,429.15 to ¥16,771,409.80, a reduction of 31.7%[57] Government Subsidies - The company received government subsidies amounting to RMB 1,645,700.00 during the period, which are closely related to its normal business operations[18]

Market Position and Product Development - The company is the largest PCB plating equipment manufacturer globally and in China, holding over 50% market share in vertical continuous plating equipment[8] - The company's vertical continuous plating equipment accounts for 20.0% of the Chinese market and 14.4% of the global market, ranking first in both[8] - The company has completed the design and initial testing of a PCB large-size vertical continuous electroplating line, with a total investment of $5 million and $2.01 million invested this period[4] - The company is developing a high aspect ratio PCB filling technology with a total investment of $8.9 million, currently in the early preparation stage[6] - The company has invested $12 million in the development of composite copper foil non-contact electroplating technology, currently in the early preparation stage[6] - The company has successfully delivered and passed acceptance for an environmentally friendly intelligent high-speed continuous rolling plating line, with a total investment of $15 million[2] - The company is the only one globally to achieve large-scale production of new energy coating equipment, continuously upgrading its devices to maintain competitive advantage[46] - The third-generation photovoltaic electroplating equipment, capable of processing 8000 pieces per hour, is set to be delivered to customers in July 2023[46] - The company is actively expanding its application scenarios from power batteries to energy storage and consumer electronics batteries[46] - In 2022, the company launched several new products, including a three-in-one horizontal plating device, which is expected to achieve mass production in 2023, and a ceramic copper plating device for high-end semiconductor products[136] Financial Performance - The total revenue for the reporting period was ¥588,129,155.16, reflecting a year-on-year growth of 27.53%[20] - The company's operating revenue for 2022 reached RMB 1,011,726,965.10, representing a year-on-year increase of 25.74% compared to RMB 804,628,678.59 in 2021[196] - The net profit attributable to shareholders of the listed company was RMB 213,297,811.97, an increase of 32.58% from RMB 160,878,175.36 in the previous year[196] - The net profit after deducting non-recurring gains and losses was RMB 200,137,908.97, reflecting a growth of 33.99% compared to RMB 149,373,001.49 in 2021[196] - The net cash flow from operating activities was RMB 129,777,524.90, up 45.87% from RMB 88,970,536.94 in the previous year[196] - The total assets of the company at the end of 2022 were RMB 1,767,688,973.30, an increase of 18.45% from RMB 1,492,412,212.05 at the end of 2021[196] - The net assets attributable to shareholders of the listed company increased to RMB 937,936,478.98, a rise of 22.00% from RMB 768,798,667.01 in the previous year[196] Investment and R&D - Total investment in the development of the bilateral conductive ultra-thin roll plating line is $15 million, with $6.92 million invested this period and cumulative investment of $12.97 million[2] - The vertical continuous silicon wafer electroplating machine has a total investment of $12 million, with $2.93 million invested this period and cumulative investment of $10.65 million[2] - The company aims to reduce production costs and improve production efficiency through continuous innovation and product upgrades[9] - R&D expenses grew by 31.93% year-on-year, driven by the need for future development, new product development, and the hiring of high-end R&D personnel[34] - The company has invested $50 million in R&D for new technologies aimed at improving product efficiency[67] - The company is focusing on technological innovation and R&D, with R&D expenses amounting to approximately RMB 8,000,000, significantly contributing to new product development[181] Risks and Challenges - The company faces risks related to customer acquisition due to the customized nature of its products and the long usage cycle of equipment[13] - The company faces risks in new industry market expansion due to macroeconomic fluctuations and changes in related industrial policies[14] - The company is exposed to operational risks from the complex international political and economic environment, including ongoing Sino-U.S. trade tensions[14] Operational Efficiency and Cost Management - Total costs for high-end PCB electroplating equipment amounted to ¥379,327,047.05, accounting for 64.49% of total costs, with a year-on-year increase of 4.70%[20] - The cost for general hardware surface treatment equipment was ¥87,377,193.60, representing 14.86% of total costs, with a year-on-year increase of 47.02%[20] - The cost for new energy specialized equipment reached ¥82,140,640.21, which is 13.97% of total costs, showing a substantial year-on-year increase of 1,135.91%[20] Market Expansion and Strategic Initiatives - The company is expanding its market presence in Southeast Asia, targeting a 15% market penetration by the end of the next fiscal year[67] - A strategic acquisition of a smaller competitor is in progress, which is anticipated to enhance the company's technological capabilities[67] - The company plans to enhance its digital marketing strategy, allocating an additional 10% of its budget to online advertising[67] - The company plans to issue GDRs and list them on the Swiss Stock Exchange, with the proposal approved on December 12, 2022[114] Governance and Remuneration - The company has no significant differences in governance compared to regulations set by the China Securities Regulatory Commission[78] - The company is focused on maintaining independence and operational autonomy without significant influence from controlling shareholders[78] - Total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 12.82 million RMB[90] - The remuneration policy for directors and senior management is based on annual performance and assessment results[90] - The company’s remuneration structure includes basic salary and year-end bonuses for senior management[90] Employee Management and Training - The total number of employees is 1,287, with 802 in production, 114 in sales, 185 in technology, and 22 in finance[122] - The company has implemented a performance-based salary system to enhance employee motivation and align compensation with sales performance[123] - The company has established a comprehensive training program for employees, covering various skill sets and safety training[124]

Group 1: PET Composite Film Material - The PET composite film material is at a stage where it can effectively address safety issues in battery usage and improve energy density [1] - There is a growing interest from lithium battery material companies in PET composite film, with some companies taking action this year [2] - The supply of PET composite film material is currently insufficient, but its application scenarios are expected to increase over time [2] Group 2: Company Strategy and Market Position - The company does not plan to participate in the production and operation of composite film materials but aims to provide better equipment and technical services for enterprises entering the lithium battery film material industry [2] - The company is focusing on high-end equipment research and development to enhance product quality and yield, thereby improving customer service [4] - The PCB industry is expected to maintain a stable growth rate, with the company continuously launching equipment that meets market demands [3] Group 3: Impact of COVID-19 - The company’s main production base in Anhui was not halted during the pandemic, but the supply chain in Suzhou and Wuxi was affected [3] - The company took proactive measures to prepare for resuming operations, and by early May, production had returned to normal [3] Group 4: Market Trends and Future Outlook - The PCB electroplating equipment business is expected to grow due to technological upgrades and new capacity [3] - The company anticipates a steady growth in market share while focusing on high-end equipment development [4]

昆山东威科技股份有限公司 投资者关系活动记录表 | --- | --- | |--------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

昆山东威科技股份有限公司 投资者关系活动记录表 | --- | --- | |--------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------| | | | | 投资者关系活动类别 | □特定对象调研 □分析师会议 | | | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | 现场调研 电话会议 | | | □其他 | | 参与单位及人员名称 1、东北证券研究所 | 刘军、许光坦；信达澳银基金 李 | | | 泽宙；农银汇理基金 刘荫泽；财通资管 周奕涛； | | | 2022 年 6 月 14 日 14:00-15:00 | | | 、东北证券研究所 刘军、许光坦；南方基金 曹群 海、姚万宁、万朝辉、卢玉珊、黄春逢、钟赟、邹寅 隆； 年 6 月 15 日 13:00-14:00 | | | 、 ...

昆山东威科技股份有限公司 投资者关系活动记录表 | --- | --- | |-------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥270,556,532.63, representing a year-on-year increase of 26.07%[9] - The net profit attributable to shareholders for Q3 2022 was ¥52,845,291.86, reflecting a year-on-year growth of 26.87%[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥49,705,339.06, up 21.86% year-on-year[9] - The total operating revenue for the first three quarters of 2022 reached RMB 682,327,078.71, an increase of 20.9% compared to RMB 563,983,437.53 in the same period of 2021[31] - The net profit for the first three quarters of 2022 was RMB 145,969,132.48, up 31.5% from RMB 110,950,964.72 in the previous year[31] - The gross profit margin for the first three quarters of 2022 was approximately 22.4%, compared to 22.5% in the same period of 2021[31] - The net profit attributable to the parent company for the first three quarters of 2022 was ¥145,969,132.48, compared to ¥110,950,964.72 in the same period of 2021, representing an increase of approximately 31.5%[34] - Operating profit for the first three quarters of 2022 was approximately ¥102.94 million, slightly up from ¥102.84 million in the previous year, indicating stable performance[43] - Net profit for the first three quarters of 2022 was approximately ¥91.60 million, compared to ¥90.36 million in the same period of 2021, showing a year-on-year increase of about 1.4%[43] Research and Development - The total R&D investment for Q3 2022 was ¥23,018,153.05, an increase of 42.92% compared to the same period last year[13] - R&D investment accounted for 8.51% of operating revenue in Q3 2022, up 1.01 percentage points year-on-year[13] - Research and development expenses for the first three quarters of 2022 were RMB 53,136,791.79, up 27.3% from RMB 41,769,333.14 in the same period last year[31] - The company plans to accelerate new product development and expand market space through multiple new R&D projects[17] - The company plans to continue focusing on research and development to drive future growth and market expansion[43] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥1,606,991,287.52, representing a year-on-year increase of 7.68%[13] - The equity attributable to shareholders at the end of Q3 2022 was ¥870,607,799.49, up 13.24% from the previous year[13] - The total assets as of September 30, 2022, amounted to RMB 1,606,991,287.52, compared to RMB 1,492,412,212.05 at the end of 2021, reflecting a growth of 7.6%[31] - The total liabilities increased slightly to RMB 736,383,488.03 from RMB 723,613,545.04, indicating a growth of 1.1%[31] - The total assets of the company as of September 30, 2022, were ¥1,375,002,288.24, compared to ¥1,242,561,673.28 at the end of 2021, marking an increase of approximately 10.6%[38] - The company's total liabilities increased to ¥658,341,012.38 as of September 30, 2022, from ¥573,337,306.94 in the previous year, representing an increase of approximately 14.8%[38] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥14,724,296.79, showing a decline of 54.09% year-on-year[13] - The company reported cash inflows from operating activities totaled ¥552,457,628.30 in 2022, compared to ¥404,353,958.35 in 2021, indicating a growth of approximately 36.5%[34] - The company reported a net cash flow from operating activities of ¥14,724,296.79 for the first three quarters of 2022, a decrease from ¥32,072,788.94 in the same period of 2021[34] - Cash flow from operating activities showed a net outflow of approximately ¥4.62 million in 2022, contrasting with a net inflow of ¥36.15 million in 2021[43] - Cash flow from investing activities resulted in a net outflow of approximately ¥32.56 million in 2022, compared to a much larger outflow of ¥318.84 million in 2021, indicating improved investment management[43] Inventory and Expenses - The company's inventory increased to RMB 376,900,855.55 from RMB 341,445,919.91, representing a rise of 10.4%[29] - The company’s inventory as of September 30, 2022, was ¥216,372,930.47, compared to ¥158,013,222.28 in the previous year, indicating an increase of approximately 37%[38] - Sales and marketing expenses increased to approximately ¥45.15 million in 2022 from ¥40.63 million in 2021, reflecting a rise of about 11.5%[43] - The company experienced a decrease in credit impairment losses, improving to approximately -¥7.89 million in 2022 from -¥12.88 million in 2021, indicating better credit management[43]

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2022, representing a year-on-year increase of 15%[18]. - The company's operating revenue for the first half of 2022 was RMB 411,770,546.08, representing a year-on-year increase of 17.86% compared to RMB 349,374,431.36 in the same period last year[26]. - The net profit attributable to shareholders of the listed company increased by 34.38% year-on-year, reaching RMB 93,123,840.62, up from RMB 69,298,333.41[26]. - The net profit after deducting non-recurring gains and losses grew by 29.39% year-on-year, amounting to RMB 86,073,738.55[26]. - Operating profit reached ¥106,573,823.29, a growth of 39.15% compared to the previous year[75]. - Net profit attributable to the parent company was ¥93,123,840.62, up 34.38% year-on-year, due to revenue growth and cost optimization[75]. - The company reported a net profit for the first half of 2022 of CNY 39,646,541.62, with total profit at CNY 44,949,358.20[102]. Research and Development - Research and development expenses increased by 10% to 50 million CNY, focusing on new technology for PCB manufacturing[18]. - R&D expenses for the first half of 2022 amounted to ¥30,118,638.74, representing a 17.36% increase compared to the same period last year[50]. - The company has a total of 170 patents, including 26 invention patents and 141 utility model patents, with 10 new patent applications filed in the first half of 2022[48]. - The R&D team consists of 177 personnel, accounting for 14.94% of the total workforce, with an average salary of 11.45 million RMB[71]. - The company has initiated multiple new R&D projects to expand market space, leading to increased material consumption and related expenses[51]. Market Expansion - The company plans to launch two new products in Q3 2022, targeting a market expansion of 25% in the next fiscal year[18]. - Market expansion efforts include entering two new international markets by the end of 2022[18]. - The company is focused on expanding its market presence in high-end precision electroplating equipment, particularly in the PCB industry, which is expected to grow significantly due to rising demand in emerging technologies[34]. Financial Position - The company maintains a strong cash position with 200 million CNY in cash reserves, ensuring liquidity for future investments[18]. - The company's net cash flow from operating activities decreased by 191.76%, resulting in a negative cash flow of RMB -40,445,739.17, compared to a positive cash flow of RMB 44,077,826.18 in the previous year[29]. - Cash and cash equivalents at the end of the period were 152,656,945.80, a decrease of 20.05% compared to the previous year[90]. - The company has received multiple honors, including "Jiangsu Province High-tech Enterprise" and "Excellent National Brand Enterprise in the Electronic Circuit Industry"[78]. Environmental Impact - The company does not belong to heavily polluting industries and only generates office wastewater, waste gas, noise, and solid waste, which do not significantly impact the environment[113]. - Wastewater is treated according to the standards of the Taihu region and is discharged into the Zhangjiagang River after meeting the Class A standard[113]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[117]. Shareholder Commitments - The company has committed to not transferring or managing shares for 36 months post-IPO, with specific conditions for share price performance affecting lock-up periods[120]. - The company will repurchase shares at a price not exceeding the audited net asset value per share from the previous fiscal year[129]. - The company guarantees that the public offering of shares does not involve any fraudulent issuance[140]. - Major shareholders, including Liu Jianbo, have committed to not reduce their holdings during the lock-up period and will limit any sales to 25% of their pre-IPO shares annually for two years post-lock-up[154]. Investment Projects - The total amount of raised funds from the initial public offering (IPO) was ¥346,288,000, with a net amount of ¥294,049,940.83 after deducting issuance costs[178]. - The total committed investment amount for the raised funds was ¥570,440,000, with an adjusted total of ¥294,049,940.83[178]. - The total amount of committed investment for the PCB vertical continuous plating equipment expansion project (Phase I) is CNY 303,980,000, with an adjusted total investment of CNY 150,000,000, and cumulative investment of CNY 39,250,831.02, achieving 26.17% of the planned investment progress[179].