| 证券代码：688711 | 证券简称：宏微科技 公告编号：2023-061 | | --- | --- | | 转债代码：118040 | 债券简称：宏微转债 | 江苏宏微科技股份有限公司 关于使用部分暂时闲置募集资金 进行现金管理的公告 履行的审议程序：公司于 2023 年 8 月 17 日召开了第四届董事会第二十 七次会议、第四届监事会第二十次会议，审议通过了《关于使用部分暂时闲置募 集资金进行现金管理的议案》，公司独立董事、监事会对本事项发表了明确同意 的意见，保荐人中信证券股份有限公司（以下简称"保荐人"）对本事项出具了 明确无异议的核查意见。本事项无需提交股东大会审议。 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： 投资种类：投资安全性高、流动性好的投资产品（包括但不限于协定性 存款、结构性存款、定期存款、大额存单、通知存款等）。 投资金额：江苏宏微科技股份有限公司（以下简称"公司"）拟使用最 高额不超过人民币 0.90 亿元的首次公开发行股票暂时闲置募集资金、最高不超 过 3.00 亿元的 ...

| 证券代码：688711 | 证券简称：宏微科技 公告编号：2023-063 | | --- | --- | | 转债代码：118040 | 债券简称：宏微转债 | 江苏宏微科技股份有限公司 关于 2023 年半年度计提资产减值准备的公告 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。 一、本次计提资产减值准备情况概述 根据《企业会计准则第 8 号——资产减值》及江苏宏微科技股份有限公司（以 下简称"公司"）会计政策、会计估计的相关规定，为客观、公允地反映公司 2023 年半年度的财务状况，本着谨慎性原则，公司对截至 2023 年 6 月 30 日合 并报表范围内可能发生信用及资产减值损失的有关资产计提资产减值准备。 | 项目 | 2023 | 年半年度计提金额 | 备注 | | --- | --- | --- | --- | | | | （万元） | | | 信用减值损失 | | 774.06 | 应收票据坏账损失、应收 | | | | | 账款坏账损失、其他应收 | | | | | 款坏账损失 | | 资产减值损失 ...

股票简称：宏微科技 股票代码：688711 江苏宏微科技股份有限公司 Macmic Science & Technology Co., Ltd. （常州市新北区华山路 18 号） 江苏宏微科技股份有限公司 向不特定对象发行可转换公司债券 上市公告书 保荐人（主承销商） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 二零二三年八月 江苏宏微科技股份有限公司向不特定对象发行可转换公司债券 上市公告书 第一节 重要声明与提示 江苏宏微科技股份有限公司（以下简称"宏微科技"、"发行人"、"公司"或"本 公司"）全体董事、监事和高级管理人员保证上市公告书的真实性、准确性、完整性， 承诺上市公告书不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责 任。 根据《中华人民共和国公司法》（以下简称"《公司法》"）《中华人民共和国证 券法》（以下简称"《证券法》"）等有关法律、法规的规定，公司董事、高级管理人 员已依法履行诚信和勤勉尽责的义务和责任。 中国证券监督管理委员会（以下简称"中国证监会"）、上海证券交易所（以下简 称"上交所"）、其他政府机关对公司可转换公司债券上市及有关事项的意见，均不表 明 ...

Financial Performance - The company's operating revenue for Q1 2023 reached ¥331,154,973.71, representing a year-on-year increase of 136.55%[5] - Net profit attributable to shareholders was ¥30,886,612.28, reflecting a growth of 152.78% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was ¥27,319,119.61, which is an increase of 158.31% year-on-year[5] - Basic earnings per share stood at ¥0.22, up by 152.78% from the previous year[6] - Operating profit for Q1 2023 was ¥29,927,692.97, compared to ¥11,821,669.53 in the same period last year, reflecting a growth of 153%[22] - Total revenue for Q1 2023 reached ¥331,154,973.71, a significant increase of 136% compared to ¥139,993,013.88 in Q1 2022[21] - Net profit attributable to shareholders for Q1 2023 was ¥30,886,612.28, up 153% from ¥12,218,710.20 in Q1 2022[23] - Basic earnings per share for Q1 2023 were ¥0.22, compared to ¥0.09 in Q1 2022, marking an increase of 144%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,846,995,120.63, marking a 9.36% increase from the end of the previous year[6] - Total assets as of Q1 2023 amounted to ¥1,846,995,120.63, compared to ¥1,688,986,350.17 in Q1 2022, representing a growth of 9.4%[20] - Total liabilities for Q1 2023 were ¥845,698,102.53, an increase from ¥723,299,859.29 in Q1 2022, reflecting a rise of 16.9%[20] - The total non-current assets as of March 31, 2023, were reported at CNY 1,000,000,000, with fixed assets valued at CNY 210,194,534.57[18] - The company's total non-current assets reached ¥767,096,423.26 in Q1 2023, up from ¥605,487,483.30 in Q1 2022, indicating a growth of 26.6%[20] Cash Flow - The cash flow from operating activities showed a net outflow of ¥69,643,716.58, primarily due to increased cash payments for raw materials and operating expenses[6] - In Q1 2023, the cash inflow from operating activities totaled CNY 219,456,491.41, an increase from CNY 179,934,527.53 in Q1 2022, representing a growth of approximately 22%[26] - The net cash flow from operating activities was negative CNY 69,643,716.58, compared to a negative CNY 3,664,450.59 in the same period last year, indicating a significant decline in operational cash generation[26] - Cash inflow from financing activities was CNY 98,436,490.22, up from CNY 61,193,461.21 in Q1 2022, marking an increase of approximately 61%[27] - The net cash flow from financing activities improved to CNY 61,010,384.39 in Q1 2023, compared to CNY 16,125,124.41 in the previous year, indicating stronger financing capabilities[27] - The total cash and cash equivalents at the end of Q1 2023 were CNY 165,682,587.30, down from CNY 425,906,569.02 at the end of Q1 2022, showing a decrease of approximately 61%[27] Shareholder Information - The company had 5,280 common shareholders at the end of the reporting period[11] - The top shareholder, Zhao Shanqi, held 17.79% of the shares, totaling 24,534,440 shares[11] Research and Development - Research and development expenses totaled ¥22,161,381.24, an increase of 85.67% year-on-year[6] - Research and development expenses increased to ¥22,161,381.24 in Q1 2023, up from ¥11,936,146.61 in Q1 2022, indicating a focus on innovation[22] Financing Activities - The company received an inquiry letter from the Shanghai Stock Exchange regarding its application for issuing convertible bonds on January 5, 2023, indicating ongoing financing activities[13] - On March 16, 2023, the company received a response from the Shanghai Stock Exchange confirming that its application for issuing convertible bonds met the necessary conditions[15] - The company is in the process of submitting relevant documents for the issuance of convertible bonds, with the final approval pending from the China Securities Regulatory Commission[15] - The company held a board meeting on January 16, 2023, to discuss adjustments to its convertible bond issuance plan, reflecting proactive management of its financing strategy[14] - The company is committed to timely information disclosure regarding its financing activities and potential risks associated with the issuance of convertible bonds[15] Operational Costs - Operating costs for Q1 2023 were ¥303,296,049.82, compared to ¥129,614,703.53 in Q1 2022, showing an increase of 134%[21] - The company reported a significant increase in cash paid to employees, totaling CNY 27,658,013.88 in Q1 2023, compared to CNY 16,892,404.72 in Q1 2022, reflecting a rise of about 64%[26] - The cash paid for purchasing goods and services increased to CNY 243,168,792.33 in Q1 2023, up from CNY 142,811,380.30 in Q1 2022, representing a rise of about 70%[26] - The company experienced a cash outflow of CNY 10,219,411.99 related to other operating activities, a decrease from CNY 16,764,440.26 in Q1 2022, indicating improved cash management in this area[26]

Financial Performance - The company achieved operating revenue of RMB 926,083,797.83 in 2022, an increase of 68.18% compared to 2021[23]. - Net profit attributable to shareholders was RMB 78,708,087.33, reflecting a year-on-year increase of 14.35%[24]. - The net profit after deducting non-recurring gains and losses was RMB 60,376,686.35, up 40.49% year-on-year, driven by strong order intake and improved production capacity[24]. - Total assets reached RMB 1,688,986,350.17 at the end of 2022, a 31.88% increase from the beginning of the year, attributed to expanded sales and capacity enhancement[25]. - The company reported a net cash flow from operating activities of -RMB 81,394,059.48, primarily due to increased cash payments for raw materials and operational expenses[25]. - Basic earnings per share for 2022 were RMB 0.57, a decrease of 4.71% from 2021[24]. - The gross profit margin for the main business was 20.63%, with raw material costs accounting for over 78.00% of total costs[66]. - The company’s main business revenue was 92,083.25 million CNY, with a growth rate of 69.11% year-on-year[74]. - The company's main business revenue from power semiconductor devices reached approximately ¥920.83 million, with a gross margin of 20.63%, a decrease of 1.18 percentage points compared to the previous year[75]. Dividend and Share Capital - The company plans to distribute a cash dividend of 0.64 RMB per 10 shares, totaling approximately 8,825,002.75 RMB based on a total share capital of 137,890,668 shares as of December 31, 2022, resulting in a cash dividend payout ratio of 11.21%[5]. - The company will issue 1 bonus share for every 10 shares held, increasing the total share capital to 151,679,735 shares after the distribution[5]. - The total share capital after the proposed stock dividend of 1 share for every 10 shares will increase to 151,679,735 shares[165]. Research and Development - The R&D expenditure accounted for 6.94% of operating revenue, slightly up from 6.88% in 2021[24]. - The total R&D expenditure increased by 69.59% year-on-year, amounting to ¥64,277,954.25, reflecting the orderly progress of ongoing projects[52]. - The company has developed over 80 types of IGBT and FRED chips, and more than 300 types of modules, with current ratings from 3A to 1000A and voltage ratings from 60V to 2000V[115]. - The company is investing heavily in R&D and capacity enhancement to seize market opportunities in emerging industries like electric vehicles and renewable energy[41]. - The company has established a strong R&D team with advanced design capabilities in IGBT and FRED chips, contributing to its competitive advantage[62]. Market and Industry Outlook - The power semiconductor industry is experiencing stable growth, driven by applications in electric vehicles, renewable energy, and smart grids, with significant market opportunities arising from the "carbon neutrality" strategy[41]. - The demand for IGBT modules in the electric vehicle sector is expected to significantly increase due to the rapid growth of the market[112]. - The market size for SiC power devices is expected to exceed 10 billion USD by 2027, with a compound annual growth rate of nearly 40% from 2018 to 2027[113]. - The company plans to leverage the growing demand in the renewable energy sector, particularly in photovoltaic and wind power applications, to drive IGBT market growth[112]. Governance and Compliance - The company has established a governance structure that complies with legal requirements, enhancing its management and operational standards[125]. - The independent directors and supervisory board members are actively involved in monitoring the company's compliance with laws and regulations[126]. - The company has not faced any penalties from securities regulatory authorities in the past three years, reflecting compliance[145]. - The company maintains a clear separation from its controlling shareholder in terms of personnel, assets, finance, and operations, ensuring independent business operations[127]. Environmental and Social Responsibility - The company has invested ¥2.56 million in environmental protection during the reporting period[183]. - The company achieved a reduction of 442 tons in carbon emissions through various measures, including the installation of a photovoltaic power generation system[191]. - The company has actively promoted energy-saving and low-carbon initiatives, integrating them into its operational management[192]. - The company is focused on the research and development of power semiconductor solutions, which are essential for achieving carbon neutrality goals[197]. - The company has contributed a total of 250,000 CNY in donations, including 50,000 CNY to local emergency response and 200,000 CNY to the Red Cross[200].

证券代码：688711 证券简称：宏微科技 公告编号：2023-027 江苏宏微科技股份有限公司 关于举办2022年度业绩暨现金分红说明会的公告 本公司董事会及全体董事保证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： 一、说明会类型 公司已于 2023 年 4 月 26 日在上海证券交易所网站（www.sse.com.cn）披露 了《2022 年年度报告》及《2022 年年度报告摘要》。为便于广大投资者更加全 面深入地了解公司经营业绩、发展战略等情况，公司定于 2023 年 5 月 8 日（星 1 会议召开时间：2023 年 5 月 8 日（星期一）10:00-11:00 会议召开方式：网络文字互动 会议召开地点：价值在线（www.ir-online.cn） 会议问题征集：投资者可于 2023 年 5 月 8 日（星期一）前访问网址 https://eseb.cn/141A9nItaHS 或扫描下方小程序码，点击"进入会议"进 行会前提问，江苏宏微科技股份有限公司（以下简称"公司"）将通过 本次业绩说明会上，在信息披露允许范围内就投 ...

证券代码：688711 证券简称：宏微科技 江苏宏微科技股份有限公司 投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |------------------------|-----------------------------------------|----------------------------------------------------------| | | | | | 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 | | | ☐ 现场参观 | | | | | ☐其他（请文字说明其他活动内容） | | 形式 | ☐ 现场 | 网上 ☐ 电话会议 | | 参与单位名称及人员姓名 | 线上参与公司 | 2021 年度网上业绩说明会的投资者 | | 时间 | 2022年05月14日 | 09:00-10:30 | | 地点 线上 | | | | 上市公司接待人员姓名 | 财务总监：薛红霞 董事、副总经理：丁子文 | 董事长、总经理、董事会秘书（代行）：赵善 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥281,971,926.57, representing a year-on-year increase of 108.01%[5] - The net profit attributable to shareholders for Q3 2022 was ¥29,008,076.26, reflecting a year-on-year growth of 96.26%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥22,183,670.24, up 91.35% year-on-year[5] - The net profit attributable to shareholders for the year-to-date was ¥61,250,787.39, representing a year-on-year increase of 31.53%[5] - Net profit for the third quarter of 2022 was ¥61,151,813.98, up from ¥46,059,077.43 in the same quarter of 2021, reflecting a growth of approximately 32.8%[22] - Earnings per share for the third quarter of 2022 were ¥0.44, compared to ¥0.34 in the same quarter of 2021, marking an increase of 29.4%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,568,099,240.27, an increase of 22.44% compared to the end of the previous year[6] - Total assets as of September 30, 2022, amounted to ¥1,568,099,240.27, an increase from ¥1,280,714,866.30 at the end of 2021[16] - Current assets totaled ¥1,069,612,137.05, up from ¥936,549,105.82 in the previous year[16] - Total liabilities as of the third quarter of 2022 were ¥625,987,509.05, compared to ¥404,211,929.10 in the previous year, reflecting an increase of about 54.7%[21] - Current liabilities increased to ¥469,265,614.90 from ¥284,306,473.33, representing a growth of approximately 65%[17] Cash Flow - The cash flow from operating activities for the year-to-date was -¥141,039,528.00, indicating increased cash outflows due to higher raw material purchases and operational expenses[6] - Cash inflow from operating activities for the first three quarters of 2022 totaled ¥358,889,394.13, compared to ¥216,936,316.05 in 2021, representing a growth of about 65.3%[24] - The company experienced a negative cash flow from operating activities of approximately -¥141.04 million, contrasting with a positive cash flow of ¥8.45 million in the previous period[25] - Cash inflow from investment activities amounted to ¥624.81 million, while cash outflows were ¥842.43 million, resulting in a net cash flow from investment activities of approximately -¥217.62 million[25] - Cash inflow from financing activities was ¥263.92 million, with cash outflows totaling ¥83.52 million, leading to a net cash flow from financing activities of ¥180.40 million[26] Research and Development - The company's R&D investment for Q3 2022 was ¥18,196,340.79, which accounted for 6.45% of operating revenue, a decrease of 0.09 percentage points year-on-year[6] - Research and development expenses for the third quarter of 2022 amounted to ¥41,435,256.99, which is nearly double the ¥20,619,264.10 spent in the same quarter of 2021, indicating an increase of approximately 100.0%[21] Shareholder Information - The company reported a total of 6,978 common shareholders at the end of the reporting period[13] - The top shareholder, Zhao Shanqi, holds 17.79% of the shares, totaling 24,534,440 shares[13] Inventory and Receivables - Accounts receivable increased significantly to ¥255,805,763.14 from ¥177,297,089.10, reflecting a growth of approximately 44%[16] - Inventory rose to ¥200,701,520.97, compared to ¥142,646,183.88, indicating a growth of about 40%[16] Other Financial Metrics - The basic earnings per share for Q3 2022 were ¥0.21, an increase of 96.26% compared to the same period last year[6] - The company reported a weighted average return on equity of 3.14%, a decrease of 0.01 percentage points compared to the previous year[6] - Total operating revenue for the first three quarters of 2022 reached ¥614,761,895.69, a significant increase from ¥369,942,411.58 in the same period of 2021, representing a growth of approximately 66.0%[20] - Total operating costs for the first three quarters of 2022 were ¥560,384,453.57, compared to ¥333,001,413.14 in 2021, indicating an increase of about 68.2%[20]

Financial Performance - The company reported a total revenue of RMB XX million for the first half of 2022, representing a YY% increase compared to the same period last year[20]. - The net profit attributable to shareholders was RMB XX million, reflecting a ZZ% growth year-over-year[20]. - The company achieved operating revenue of ¥332,789,969.12, a year-on-year increase of 41.98% due to full order acceptance and overall capacity enhancement[22]. - Net profit attributable to shareholders was ¥32,242,711.13, reflecting a slight increase of 1.43% compared to the same period last year[22]. - The company achieved a revenue of 332.79 million RMB, representing a year-over-year growth of 41.98%[54]. - The net profit attributable to shareholders was 32.24 million RMB, with a year-over-year increase of 1.43%[54]. - The company reported a total revenue of 6,359,080 RMB for the first half of 2022, reflecting a growth rate of 4.61% compared to the previous period[143]. - The net profit for the first half of 2022 reached ¥32.40 million, slightly up from ¥31.97 million in the first half of 2021, indicating a year-on-year increase of about 1.35%[168]. User and Market Growth - User data showed an increase in active users by AA%, reaching a total of BB million users by the end of June 2022[20]. - The company has set a revenue guidance of RMB CC million for the second half of 2022, indicating a projected growth of DD%[20]. - Market expansion efforts have led to the establishment of new partnerships in the Asia-Pacific region, aiming to increase market share by HH%[20]. - The company is exploring potential acquisitions to enhance its product portfolio and market presence, with a target valuation of RMB II million[20]. - The company is expanding its market presence in the renewable energy sector, with key clients such as A Company and Sunshine Power, indicating a growing market share[35]. Research and Development - The company is investing in R&D with a budget of RMB GG million, focusing on advanced semiconductor technologies[20]. - The R&D investment as a percentage of operating revenue increased by 1.96 percentage points to 6.98%[22]. - R&D investment increased by 97.61% year-on-year, totaling approximately ¥23.24 million, representing 6.98% of operating revenue[43]. - The company is investing significantly in R&D to enhance product and process innovation, aiming to close the technology gap with international competitors[33]. - The R&D team has expanded to 124 members, with a total R&D personnel compensation of 7.96 million RMB, reflecting a significant increase from the previous year[55]. Product Development and Innovation - New product launches included the introduction of the EE series, which is expected to contribute RMB FF million in additional revenue[20]. - The company has developed over 100 types of IGBT, FRED, and MOSFET chips and over 300 types of modules, indicating a diverse product range[29]. - The company has developed advanced core technologies, including trench structure and virtual cell technology, which improve device performance and reliability[36]. - The company’s products include high-performance IGBT chips and modules, which have achieved international advanced levels in performance indicators[34]. - The company is focusing on R&D for next-generation high-power IGBT modules, targeting low-loss chip products for industrial control and electric vehicles[49]. Financial Position and Assets - The company's net assets attributable to shareholders increased by 3.71% to ¥909,006,226.39 compared to the end of the previous year[22]. - The total assets rose by 7.37% to ¥1,375,095,700.27 compared to the end of the previous year[22]. - As of the end of the reporting period, cash and cash equivalents amounted to ¥75,915,354.66, a decrease of 74.38% year-on-year, primarily due to increased purchases of financial products and raw materials[72]. - Total current assets increased to ¥963,483,274.51 from ¥936,549,105.82, representing a growth of approximately 5.0%[155]. - The total liabilities rose to ¥466,089,473.88 from ¥404,211,929.10, an increase of approximately 15.3%[157]. Strategic Initiatives and Risk Management - Strategic initiatives include enhancing supply chain efficiency, projected to reduce costs by JJ% over the next year[20]. - The company has identified key risks, including market volatility and supply chain disruptions, and has outlined mitigation strategies in the report[20]. - The company has implemented technical innovations and process improvements to enhance production efficiency amid rising raw material costs[54]. - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[176]. Shareholder and Governance Matters - The company has no plans for profit distribution or capital reserve conversion for the first half of 2022, with no dividends or stock bonuses proposed[84]. - The company approved a restricted stock incentive plan on June 20, 2022, granting 1.7656 million restricted shares, representing 1.28% of the total share capital of 137.890668 million shares[85]. - The company has established a commitment to compensate for any losses caused by non-compliance with the above commitments[94]. - The company reported a lock-up period of 12 months for shareholders following the IPO, starting from September 1, 2021[104]. - The company will comply with the relevant regulations of the China Securities Regulatory Commission regarding share reductions post-lock-up[106]. Environmental and Social Responsibility - The company has implemented environmental measures, including the installation of a photovoltaic power generation system that generates an average of 500,000 kWh annually[89]. - The company is actively developing power semiconductor products for electric vehicles and charging piles, including IGBT and FRED module products[89].

Financial Performance - The net profit attributable to the parent company for 2021 was CNY 68,829,391.15, with a cash dividend of CNY 19,994,146.80 distributed, representing 29.05% of the annual net profit [5]. - The company achieved operating revenue of CNY 550,636,072.24 in 2021, representing a year-on-year increase of 66.04% [22]. - Net profit attributable to shareholders reached CNY 68,829,391.15, a significant increase of 158.39% compared to the previous year [22]. - The net profit after deducting non-recurring gains and losses was CNY 42,975,123.52, up 87.23% year-on-year, driven by full order intake and improved production capacity [22]. - Total assets at the end of 2021 amounted to CNY 1,280,714,866.30, an increase of 201.49% from the beginning of the year [24]. - Shareholders' equity attributable to the parent company increased by 279.66% to CNY 876,502,937.20 [24]. - The basic earnings per share rose to CNY 0.84, reflecting a year-on-year growth of 121.05% [23]. - The company reported a negative net cash flow from operating activities of CNY -74,074,929.28, a decrease of 1,794.88% year-on-year due to increased cash payments for raw materials [25]. Operational Strategy - The company plans to increase its total share capital from 98,493,334 shares to 137,890,668 shares by distributing 39,397,334 shares to shareholders at a ratio of 4 shares for every 10 shares held [6]. - The company plans to continue expanding its market presence and enhancing production capabilities to meet growing demand [22]. - The company has maintained a strong financial position, supported by successful fundraising and operational profit growth [24]. - The company is focused on becoming a leading provider of power semiconductor solutions in China, with strategic investments in product development, capacity enhancement, market expansion, and talent acquisition [108]. - The company is accelerating the construction of a new power semiconductor industrial base, aiming for rapid deployment and operational readiness [109]. Research and Development - Research and development expenses accounted for 6.88% of operating revenue, slightly down from 6.94% in the previous year [23]. - The company invested a total of 126.55 million RMB in projects, including the "New Power Semiconductor Device Industrial Base Project" and "R&D Center Construction Project" [35]. - The company has focused on enhancing its independent innovation capabilities and R&D levels to maintain its leading position in products and technologies [38]. - The company has established a customer demand-oriented R&D system, with a structured process including project initiation, product design, trial production, and mass production [41]. - R&D expenses increased by 64.74% year-on-year, totaling approximately ¥37.90 million, driven by the orderly advancement of ongoing projects [58][59]. Market Position and Growth - The power semiconductor industry is experiencing stable growth, driven by applications in electric vehicles, renewable energy, and smart grids, with significant market opportunities arising from the "carbon neutrality" strategy [44]. - The company has established strategic collaborations with major clients to enhance product competitiveness and market presence [35]. - The company’s marketing strategy combines direct sales and partnerships with experienced distributors to expand market share [43]. - The company is focusing on the electric vehicle market by providing automotive-grade IGBT modules and SiC modules to multiple vehicle manufacturers [113]. - The company is expanding its market presence in renewable energy sectors, particularly in photovoltaic and wind power [114]. Governance and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties [8]. - The company has not violated any decision-making procedures regarding external guarantees [8]. - The company has not faced any issues with a majority of directors being unable to guarantee the authenticity of the annual report [8]. - The company has established a comprehensive evaluation mechanism for senior management, linking their compensation to company performance and strategic execution [151]. - The company has implemented internal control systems in accordance with relevant laws and regulations, enhancing governance and operational efficiency [152]. Shareholder Relations - The company has confirmed that its cash dividend policy is clear and complies with the company's articles of association and shareholder resolutions [150]. - The controlling shareholder committed to not transferring or entrusting the management of shares for 36 months from the date of the company's stock listing [181]. - The company will ensure that any unfulfilled commitments by shareholders will result in a prohibition on share reduction for 6 months, with any gains returned to the company [181]. - The company will face legal liabilities for any losses incurred by investors due to non-compliance with lock-up commitments [187]. - The company has a lock-up period of 12 months for shareholders, during which they cannot transfer or entrust their shares to others [196]. Employee and Talent Management - The total number of employees in the company and its main subsidiaries is 497, with 294 in production, 29 in sales, 107 in technology, 7 in finance, and 60 in administration [145]. - The company has established a complete human resources management system, focusing on employee safety and health, and enhancing communication channels to improve cohesion and achieve mutual growth with employees [168]. - The company has implemented a comprehensive procurement management system to ensure integrity in operations and resist commercial bribery, promoting sustainable and healthy development [171]. - The company has a performance management system that aligns individual and team goals with organizational objectives, enhancing team cohesion through various incentive mechanisms [168]. - The company has committed to protecting employee rights by adhering to labor laws and providing timely social insurance and benefits [168].