Financial Performance - The company's operating revenue for Q3 2022 was CNY 4,460,397,906.88, representing a year-on-year increase of 3.43%[4] - The net profit attributable to shareholders for Q3 2022 was CNY 119,711,047.83, a decrease of 50.90% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 383,037,783.37, showing a significant increase of 385.08% year-on-year[4] - The company's basic earnings per share for Q3 2022 were CNY 0.0767, a decrease of 51.46% year-on-year[5] - The net profit for the third quarter of 2022 was CNY 580,991,508.83, a slight increase from CNY 577,639,429.64 in the same period last year, representing a growth of approximately 0.6%[22] - The total comprehensive income for the period was CNY 696,420,798.75, compared to CNY 740,205,009.10 in the previous year, showing a decrease of about 5.9%[22] Cash Flow - The net cash flow from operating activities for the year-to-date period reached CNY 967,731,229.89, reflecting a substantial increase of 1,398.75%[4] - Cash received from operating activities increased by 133.76% compared to the same period last year, mainly due to an increase in receivables[9] - Cash paid for purchasing goods and services decreased by 33.96% compared to the same period last year, mainly due to a reduction in procurement payments[9] - The net cash flow from investing activities was -1,561,109,078.41 CNY, compared to -1,752,675,040.41 CNY in the previous period, indicating a decrease in cash outflow[25] - Cash inflow from financing activities totaled 28,431,808,430.46 CNY, an increase from 26,572,697,030.11 CNY year-over-year[25] - The net cash flow from financing activities was -2,485,813,144.66 CNY, a significant decline compared to a positive flow of 3,771,103,039.63 CNY in the previous period[25] Assets and Liabilities - The total assets as of the end of the reporting period were CNY 28,476,954,235.96, an increase of 5.28% from the end of the previous year[5] - The total current assets increased to CNY 17,185,747,126.48 from CNY 16,694,698,736.46 year-on-year[17] - The company's cash and cash equivalents stood at CNY 8,603,165,935.38, slightly up from CNY 8,545,163,850.10 at the beginning of the year[16] - The total liabilities reached CNY 16,561,397,697.03, compared to CNY 15,574,977,828.64 in the previous year[19] - The equity attributable to shareholders was CNY 10,301,511,758.30, up 4.62% compared to the end of the previous year[5] Investments and Expenses - The company's inventory increased by 40.39% compared to the end of the previous year, primarily due to business growth[8] - Long-term equity investment grew by 33.11%, mainly due to an increase in investment in the joint venture Guilin Boshen by CNY 189 million[8] - Research and development expenses increased to CNY 224,715,953.44 from CNY 205,176,176.99, reflecting a growth of approximately 9.5% year-over-year[21] - The company reported a significant increase in investment income, which rose to CNY 145,452,132.04 from CNY 20,098,350.22, marking an increase of over 624%[21] Borrowings and Credit - The company obtained a comprehensive credit line of 1.95 billion RMB from China Construction Bank, valid until April 28, 2024[13] - The company has a loan limit of CNY 500,000,000.00 with a related party, with an interest rate range of 3.3%-3.7%[15] - The company has a deposit limit of CNY 500,000,000.00 with a related party, with deposit interest rates ranging from 0.42% to 3.3%[15] - Long-term borrowings increased by 217.38% compared to the end of last year, primarily due to the addition of new long-term borrowings during the period[9] Other Financial Metrics - The total operating revenue for the third quarter was CNY 12,012,026,889.69, a decrease of 2.08% compared to CNY 12,267,669,423.97 in the previous year[19] - The total operating costs for the third quarter were CNY 10,661,279,733.75, down from CNY 11,208,395,192.68, indicating a decrease of about 4.9%[21] - The company reported a decrease in sales revenue from CNY 10,915,516,651.42 to CNY 8,366,003,086.65, a decline of approximately 23.3%[24] - The company did not engage in any mergers under common control during the reporting period[22] - The company did not undergo an audit for the third quarter report[26] - The report was released by the Board of Directors on October 28, 2022[26]

Financial Performance - The company's operating revenue for the reporting period was ¥7,551,628,982.81, a decrease of 5.07% compared to the same period last year[13]. - Net profit attributable to shareholders was ¥455,661,304.59, representing an increase of 66.86% year-on-year[13]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 233.30% to ¥229,245,669.66[13]. - The basic and diluted earnings per share were both ¥0.2920, up 60.53% from ¥0.1819 in the previous year[13]. - The total assets at the end of the reporting period were ¥28,909,378,105.79, an increase of 6.88% from the end of the previous year[13]. - The net assets attributable to shareholders increased by 3.10% to ¥10,152,188,884.04[13]. - The net cash flow from operating activities was negative at -¥106,313,059.65, a decline of 236.03% compared to the previous year[13]. - The weighted average return on net assets was 4.52%, up from 3.33% in the previous year[13]. Revenue and Cost Analysis - The cost of goods sold was approximately ¥6.82 billion, down 5.43% from ¥7.21 billion year-on-year[26]. - Total operating costs decreased to ¥6,866,053,671.91 from ¥7,820,945,809.73, reflecting a reduction of 12.2%[121]. - The smart metering product revenue was approximately ¥639.59 million, a decline of 24.75% from ¥849.91 million in the previous year[28]. - The storage semiconductor business revenue increased by 9.18% to approximately ¥1.53 billion, compared to ¥1.40 billion last year[28]. Investment and Financing Activities - The company reported significant investment income from its stake in Dongguan Industrial Park, contributing to the increase in net profit[12]. - Investment income amounted to 128,823,529.70 CNY, contributing 23.32% to total profit, primarily from dividends received from the Dongguan Industrial Park[31]. - The company reported a significant decrease in investment amounting to 189,000,000.00 CNY, down 87.40% from the previous year's investment of 1,500,011,040.92 CNY[38]. - The company raised 18,531,878,462.55 RMB through borrowings, compared to 12,878,940,488.95 RMB in the previous year, reflecting an increase in financing activities[123]. Operational Developments - The company has successfully launched the Hefei Peidun storage project, which has passed various quality system certifications[20]. - The semiconductor packaging and testing business saw an increase in order volume compared to the same period last year, leading to profit growth[22]. - The company is actively expanding its high-end manufacturing services, with stable growth in medical product manufacturing orders[23]. - The company is focusing on advanced packaging technology development, including Flip-chip and POP stacking technology[22]. Environmental and Social Responsibility - The company is committed to sustainable development and green manufacturing practices[19]. - The company reported a total phosphorus discharge of 0.007 tons per half year, with a concentration of less than 4.5 ppm, meeting the pollution discharge standards[66]. - The chemical oxygen demand (COD) discharge was 3.179 tons per half year, with a concentration of less than 90 ppm, also in compliance with the standards[66]. - The company has actively participated in poverty alleviation by purchasing local mineral water to support farmers[72]. Shareholder and Equity Information - The largest shareholder, China Electronics Corporation, holds 34.51% of the shares, totaling 538,558,777 shares[106]. - The second largest shareholder, Bosheng (Hong Kong) Limited, holds 6.73% of the shares, totaling 105,019,381 shares[106]. - The company has not implemented any share repurchase plans during the reporting period[104]. - The company has no significant changes in the number of shareholders, with a total of 123,216 shareholders at the end of the reporting period[106]. Risk Management and Compliance - The company has established a strict internal evaluation and regulatory mechanism for its derivative business to mitigate risks associated with foreign exchange and interest rate fluctuations[44]. - The company is exposed to exchange rate risks due to significant import and export activities, and will continue to optimize supply chain management and utilize financial tools to mitigate these risks[59]. - The company has evaluated its ability to continue as a going concern for the next 12 months and found no significant doubts regarding its viability[136]. - The financial statements comply with the requirements of the accounting standards issued by the Ministry of Finance, accurately reflecting the company's financial position as of June 30, 2022[137]. Accounting Policies and Financial Reporting - The company adopts Renminbi as its functional currency for accounting purposes, with financial statements presented in Renminbi[138]. - The consolidated financial statements include all subsidiaries and are prepared based on the financial statements of the company and its subsidiaries[140]. - The company recognizes its share of assets and liabilities in joint operations, ensuring accurate representation of its financial position[144]. - The company measures financial assets at amortized cost, including receivables and long-term investments, with initial measurement at fair value[151].

Financial Performance - The company's operating revenue for Q1 2022 was ¥3,650,790,157.67, a decrease of 4.60% compared to ¥3,826,694,970.47 in the same period last year[4] - The net profit attributable to shareholders for Q1 2022 was ¥242,209,458.98, an increase of 21.04% from ¥200,112,361.34 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥20,864,045.61, a decrease of 132.58% compared to ¥64,039,750.58 in the previous year[5] - The basic earnings per share for Q1 2022 was ¥0.1552, up 14.11% from ¥0.1360 in the previous year[5] - The net profit for Q1 2022 was ¥248,860,717, compared to ¥230,554,360 in Q1 2021, reflecting an increase of about 7.8%[26] - The total revenue from operating activities was ¥3,910,071,246, up from ¥3,555,710,511, indicating a growth of approximately 9.9% year-over-year[30] - The company reported a total comprehensive income of ¥233,866,498 for Q1 2022, compared to ¥218,597,463 in Q1 2021, marking an increase of about 7%[28] - The basic and diluted earnings per share for Q1 2022 were both ¥0.1552, up from ¥0.1360 in the same period last year, representing a growth of approximately 14.5%[28] Cash Flow and Financial Position - The net cash flow from operating activities was -¥791,130,977.27, an increase of 340.24% compared to -¥179,702,844.79 in the same period last year[5] - The company's cash and cash equivalents at the end of the reporting period amount to ¥8,176,331,641.19, down from ¥8,545,163,850.10 at the beginning of the year[20] - The cash flow from operating activities showed a net outflow of ¥791,130,977, worsening from a net outflow of ¥179,702,845 in the previous year[30] - The cash and cash equivalents at the end of Q1 2022 were ¥3,348,767,640, a decrease from ¥1,243,193,268 at the end of Q1 2021[31] - The total cash inflow from financing activities was ¥9,687,971,436, compared to ¥7,256,563,862 in the previous year, reflecting an increase of approximately 33.5%[31] - The company reported an investment cash outflow of ¥645,515,060, up from ¥392,253,940 in the previous year, indicating an increase of about 64.5%[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥27,938,172,792.17, an increase of 3.29% from ¥27,048,915,810.62 at the end of the previous year[5] - The total amount of loans during the reporting period was ¥500,000,000, with an interest rate range of 3.5%-3.75%[16] - Total liabilities reached CNY 16,230,368,312.07, compared to CNY 15,574,977,828.64, reflecting an increase of approximately 4.2%[22] - The company's short-term borrowings increased to CNY 8,811,315,146.61, up from CNY 8,141,470,490.59, marking an increase of about 8.2%[22] - The total equity attributable to shareholders of the parent company was CNY 10,074,116,437.18, up from CNY 9,846,917,365.02, reflecting an increase of approximately 2.3%[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 121,851, with the top 10 shareholders holding a combined 44.73% of the shares[11] - China Electronics Co., Ltd. holds 34.51% of the shares, amounting to 538,558,777 shares[11] - The second-largest shareholder, Bosheng (Hong Kong) Co., Ltd., holds 6.73% with 105,019,381 shares[11] - The company has not engaged in any repurchase transactions among the top 10 shareholders during the reporting period[13] - The top 10 shareholders do not have any related party relationships or act in concert with each other, ensuring independent shareholder structure[13] Operational Costs and Expenses - Total operating costs for Q1 2022 were CNY 3,393,357,862.06, down about 14.3% from CNY 3,957,431,194.58 year-on-year[24] - The cash paid for purchasing goods and services increased by 30.68% compared to the previous year, reflecting higher operational costs[9] - R&D expenses for Q1 2022 amounted to ¥82,805,158, an increase from ¥64,151,768 in the previous year, representing a growth of approximately 29.5%[26] - The company incurred financial expenses of ¥211,503,166 in Q1 2022, a significant decrease from ¥222,274,063 in the previous year, indicating a reduction of about 5%[26] Credit Facilities - The company secured a comprehensive credit facility of ¥1 billion from Agricultural Bank of China, effective from January 6, 2022, to December 25, 2022[17] - The company also obtained a credit facility of ¥656 million from Agricultural Bank of China on the same date[17] Audit Status - The first quarter report has not been audited[32]

Financial Performance - The company's operating revenue for 2021 was CNY 16,488,253,175.97, representing a 10.16% increase from CNY 14,967,234,846.43 in 2020[14]. - The net profit attributable to shareholders for 2021 was CNY 775,394,154.82, a decrease of 9.54% compared to CNY 857,132,642.21 in 2020[14]. - The net profit after deducting non-recurring gains and losses was CNY 307,525,753.47, showing a slight increase of 1.69% from CNY 302,406,659.92 in 2020[14]. - The net cash flow from operating activities was CNY 867,605,722.02, a significant decrease of 72.21% from CNY 3,122,476,019.87 in 2020[14]. - The total assets at the end of 2021 were CNY 27,048,915,810.62, reflecting a 25.03% increase from CNY 21,634,626,826.88 at the end of 2020[15]. - The net assets attributable to shareholders at the end of 2021 were CNY 9,846,917,365.02, up 29.82% from CNY 7,584,933,624.26 at the end of 2020[15]. - The basic earnings per share for 2021 were CNY 0.5065, down 13.06% from CNY 0.5826 in 2020[14]. - The diluted earnings per share for 2021 were also CNY 0.5065, reflecting the same decrease of 13.06% from CNY 0.5826 in 2020[14]. - The weighted average return on equity for 2021 was 8.67%, down from 11.83% in 2020, indicating a decline of 3.16 percentage points[14]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the fiscal year 2021, representing a year-over-year growth of 15%[112]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 1.50 per 10 shares, totaling approximately RMB 234.09 million based on the current total share capital of 1,560,587,588 shares[2]. - The board of directors has approved a dividend payout of 0.5 RMB per share, reflecting a commitment to returning value to shareholders[112]. - The company distributed a cash dividend of CNY 0.16 per share, totaling CNY 249.69 million for the 2020 fiscal year[119]. - The cumulative cash dividend amount over the last three years (2019-2021) accounted for 86.46% of the average net profit (consolidated) during the same period[137]. Corporate Governance - The company emphasizes the importance of accurate financial reporting and has confirmed that all board members attended the meeting to review the annual report[2]. - The company has a complete and independent corporate governance structure, with no significant differences from regulatory requirements[95]. - The board of directors executed all resolutions from the shareholders' meetings, demonstrating effective governance[119]. - The board of directors attended 32 meetings, with 2 in-person attendances and 30 via communication methods, ensuring active participation in decision-making[123]. - The company has established a performance assessment system to determine the remuneration of senior management[116]. - The company has established a comprehensive labor and compensation system, ensuring independent management of its workforce[97]. - The company has not faced any penalties from securities regulatory authorities in the past three years[115]. Market Expansion and Strategy - The company aims to expand its market presence in the semiconductor and electronic manufacturing sectors, leveraging technological advancements and strategic partnerships[27]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2024[108]. - The company is focusing on sustainability initiatives, aiming to reduce carbon emissions by 30% over the next five years[106]. - The company plans to accelerate the expansion of quality production capacity in the semiconductor storage industry while improving its R&D, engineering processes, and operational delivery capabilities[90]. - The company is actively pursuing new product development and technological advancements to strengthen its market position[125]. Research and Development - The company has established advanced testing and R&D laboratories in multiple locations, including Shenzhen and Malaysia, enhancing its technical analysis and R&D capabilities[29]. - The company’s R&D expenses increased by 21.64% to ¥310,326,547.06 from ¥255,116,919.67 in the previous year[55]. - The company is investing in R&D for new technologies, with a budget allocation of $50 million for the next fiscal year[107]. - The company has focused on enhancing its R&D and core intelligent manufacturing workforce to attract and retain key employees[132]. Risk Management - The company has outlined potential risks associated with its future plans and development strategies, urging investors to remain cautious[2]. - The company has established a strict internal evaluation and monitoring mechanism for its foreign exchange trading activities, ensuring risk control[76]. - The company recognizes the need for ongoing training for its board members and management to ensure compliance with relevant laws and regulations[154]. Environmental Responsibility - The company has implemented a pollution prevention and control system, ensuring stable operation and compliance with environmental standards since its establishment[158]. - The company has passed ISO14000 and ISO18000 certifications, demonstrating its commitment to environmental management and sustainable practices[161]. - The company reported a total pollutant discharge of 2.08 tons/year for suspended solids and 6.6 tons/year for chemical oxygen demand, both meeting the required discharge standards[158]. Employee Management - The total number of employees at the end of the reporting period was 26,917, with 24,855 in production, 1,527 in technology, and 144 in sales[130]. - The company has established a differentiated incentive mechanism based on employee capabilities, positions, and performance to stimulate employee development[132]. - The company has no stock incentive plans, employee stock ownership plans, or other employee incentive measures in place during the reporting period[143]. Related Party Transactions - The company engaged in related party transactions, including purchasing goods from China Great Wall, totaling RMB 53.0712 million, accounting for 0.48% of similar transactions[175]. - The company did not exceed the approved transaction limits for any related party transactions during the reporting period[175]. - The company has a loan limit of 500,000 million yuan with China Electronics Finance Co., Ltd., with an interest rate range of 3.5%-3.75%[179]. Internal Control - The internal control system has been continuously established and effectively implemented, ensuring compliance and operational efficiency[144]. - The company maintained effective internal controls in all significant aspects as of December 31, 2021, according to the internal control audit report[153]. - The company has established a zero-tolerance policy for bribery and corruption, ensuring the legality and compliance of operations[144].

Financial Performance - The company's revenue for Q3 2021 reached ¥4,312,649,469.76, representing a year-on-year increase of 19.15%[4] - Net profit attributable to shareholders for Q3 2021 was ¥243,787,426.85, a decrease of 4.04% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥78,964,289.14, an increase of 2.56% year-on-year[4] - Total operating revenue for the third quarter reached CNY 12,267,669,423.97, an increase from CNY 10,571,521,577.54 in the same period last year, representing a growth of approximately 16.1%[34] - Net profit attributable to shareholders of the parent company was CNY 516,874,581.63, compared to CNY 445,907,427.42 in the previous year, reflecting an increase of about 15.9%[36] - The total comprehensive income for the quarter was CNY 740,205,009.10, up from CNY 486,564,674.46 in the same period last year, reflecting a growth of about 52%[36] Assets and Liabilities - The total assets at the end of the reporting period were ¥24,030,662,706.79, an increase of 11.08% from the end of the previous year[4] - The total liabilities amounted to CNY 12,925,278,819.92, a decrease from CNY 13,624,651,397.28 year-on-year, indicating a reduction of approximately 5.1%[33] - Total assets amounted to CNY 21,634,626,826.88, a decrease of CNY 25,922,842.55 compared to the previous period[43] - Total liabilities were CNY 13,624,651,397.28, a decrease of CNY 25,922,842.55 compared to the previous period[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 131,339[10] - The largest shareholder, China Electronics Corporation, holds 34.51% of the shares, totaling 538,558,777 shares[11] - The second-largest shareholder, Bosheng (Hong Kong) Limited, holds 6.83% of the shares, totaling 106,649,381 shares[11] Cash Flow and Investments - The company experienced a significant reduction in cash flow from operating activities, decreasing by ¥88.3 million year-on-year[9] - The company reported a net increase in cash and cash equivalents of CNY 2,070,316,528.31, contrasting with a decrease of CNY -322,130,971.24 in the same quarter last year[39] - Cash flow from financing activities generated a net inflow of CNY 3,771,103,039.63, a significant increase from CNY 50,930,961.39 in the previous year[39] - The company has obtained a total of 20 billion RMB in comprehensive credit facilities for accounts receivable factoring, with a validity period of 1 year[26] - The company reported a total investment of 26,663.14 million RMB in self-built projects, with a cumulative actual investment of 162,341.04 million RMB by the end of the reporting period[21] Research and Development - The company plans to continue enhancing product competitiveness and market advantages through increased R&D investment[8] - Research and development expenses for the quarter were CNY 205,176,176.99, compared to CNY 186,214,137.32 in the same period last year, marking an increase of about 10.2%[35] Business Operations and Expansion - The company completed a non-public offering of 89,328,225 A-shares at a price of RMB 16.50 per share, raising a total of RMB 1,473,915,712.50[16] - The company signed a new investment agreement with Guilin High-tech Group to establish Guilin Boshen Technology Co., Ltd., with an investment of 324 million RMB (52% ownership) from Guilin High-tech Group and 299 million RMB (48% ownership) from the company[19] - The company has transferred all consumer electronics business assets to its wholly-owned subsidiary, Deep Technology Guilin, and the integration of related business assets is ongoing[19] - The company approved the establishment of subsidiaries in Russia and Brazil through its subsidiary Deep Technology Chengdu, with a registered capital of 10 million rubles (approximately 870,000 RMB) for the Russian subsidiary and 550,000 reais (approximately 700,000 RMB) for the Brazilian subsidiary[20] Risk Management - The company has implemented risk control measures for its derivative investments, focusing on market, liquidity, credit, operational, and legal risks[27] - The company reported a total of CNY 637,444.43 million in derivative investments, with a year-end investment amount of CNY 821,633.35 million, which is 86.70% of the company's net assets[27]