证券代码：000536 证券简称：华映科技 华映科技（集团）股份有限公司投资者关系活动记录表 编号：2016-001 | --- | --- | --- | |----------------------|------------------------------|--------------------------------------------------------| | | | | | 投 资 者 关 系 活 动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参 与 单 位 名 称 及 | 暖流资产：王宁 | | | 人员姓名 时间 | 2016 年 5 月 5 日 | | | | | | | 地点 | | 华映科技（集团）股份有限公司会议室 | | 上 市 公 司 接 待 人 | | 公司策略副总经理兼董事会秘书：陈伟；投资人关系副理： | | 员姓名 | 郑兴 | | | 投 资 者 关 系 活 动 | 一、华佳彩项目所采用的技术？ | ...

证券代码：000536 证券简称：华映科技 华映科技（集团）股份有限公司投资者关系活动记录表 编号：2016-002 | --- | --- | --- | |-------------------------------|------------------------------|------------------------------------------------------| | | | | | 投 资 者 关 系 活 动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参 与 单 位 名 称 及 人员姓名 | 方正证券：侯宾 | | | 时间 | 2016 年 5 月 26 日 | | | 地点 | | 华映科技（集团）股份有限公司会议室 | | 上 市 公 司 接 待 人 | | 公司策略副总经理兼董事会秘书：陈伟；投资人关系副理： | | 员姓名 | 郑兴 | | | 投 资 者 关 系 活 动 | 一、华佳彩 IGZO | 技术对 ...

Group 1: Financial Performance - In 2016, the net profit attributable to shareholders, excluding non-recurring gains and losses, was approximately -55.17 million yuan, a decrease of 171 million yuan compared to the previous year [1] - The increase in losses from subsidiaries, including Keli Vision and Huajia Color, contributed an additional loss of approximately 79.18 million yuan [1] - The company recognized asset impairment provisions totaling 120.35 million yuan, an increase of approximately 85.13 million yuan compared to the previous year, primarily due to bad debt provisions [1] Group 2: Investment Project Outlook - The first line of the second phase of Keli Vision has entered trial production, with full production expected to take some time [2] - The 3D production capacity is being gradually enhanced, with performance expected to improve in the second half of 2017 [2] - Huajia Color's construction is progressing smoothly, with production expected to commence in the second half of this year, followed by customer certification and shipping [2] - Both investment projects are anticipated to contribute profits to the company in 2018 [2] Group 3: Major Shareholder Actions - The major shareholder, Huaying Guan, reduced its holdings primarily due to its own funding needs [2] - Support for Huaying Technology is reflected in the transfer of long-term developed IGZO technology and the R&D team to the company, facilitating its transformation and upgrade [2]

Financial Performance - The company's revenue for Q3 2022 was ¥612,841,824.81, representing a decrease of 20.63% compared to the same period last year[6]. - The net profit attributable to shareholders was -¥401,593,515.25, a decline of 745.26% year-over-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥407,322,308.63, down 337.22% from the previous year[6]. - The basic earnings per share for the period was -¥0.1452, a decrease of 745.33% year-over-year[6]. - The company reported a net loss of ¥7,439,528,806.64, compared to a loss of ¥6,672,214,038.74 in the previous year[38]. - The company's net profit for the current period was -¥761,036,192.07, compared to a net profit of ¥5,185,482.64 in the previous period, indicating a significant decline[42]. - The total operating profit was reported at -¥757,891,373.55, compared to -¥189,829,318.27 in the previous period, reflecting worsening operational performance[42]. Assets and Liabilities - The total assets at the end of the reporting period were ¥10,073,239,060.79, a decrease of 12.39% from the end of the previous year[6]. - The equity attributable to shareholders decreased to ¥4,491,571,939.02, down 14.52% compared to the end of the previous year[6]. - Current liabilities totaled ¥3,909,101,274.62, a decrease of 18.6% compared to ¥4,803,275,621.93 in the previous year[38]. - Non-current assets were reported at ¥6,871,793,598.55, down from ¥8,735,535,057.03, indicating a reduction of about 21.0%[35]. - Long-term borrowings were reported at ¥1,081,160,964.80, down from ¥1,198,531,679.70, a decrease of about 9.8%[38]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥1,567,662,749.25, an increase of 304.65% compared to the same period last year[6]. - Operating cash flow for the current period was ¥1,567,662,749.25, a substantial increase from ¥387,415,267.19 in the previous period[46]. - The company experienced a significant increase in cash flow from operating activities, totaling ¥4,183,065,488.84, compared to ¥3,038,975,083.16 in the previous period[46]. - The company reported a total cash inflow from financing activities of ¥3,475,252,815.69, compared to ¥2,825,256,392.31 in the previous period[48]. - The company incurred interest expenses of ¥167,658,967.69, while interest income was ¥20,038,704.35, resulting in a net interest expense[42]. - The company reported a cash outflow from financing activities of ¥4,319,392,212.91, compared to ¥2,799,815,710.97 in the previous period, indicating increased financial obligations[48]. Revenue and Costs - Total operating revenue for the third quarter was ¥2,032,350,976.68, a decrease of 12.5% compared to ¥2,322,087,599.59 in the same period last year[39]. - Total operating costs amounted to ¥2,497,205,913.43, down 2.2% from ¥2,554,722,271.99 year-over-year[39]. - Total revenue from sales of goods and services received cash of ¥2,598,378,842.70, down from ¥2,715,086,182.42 in the previous period[46]. Inventory and Receivables - The company reported a 55.42% decrease in accounts receivable compared to the beginning of the period, attributed to reduced sales[11]. - Inventory decreased to ¥484,871,212.12 from ¥661,446,979.17, a reduction of approximately 26.7%[35]. Financial Expenses and Tax - The company's financial expenses decreased by 56.56% compared to the same period last year, mainly due to reduced interest expenses[13]. - Tax refunds received increased by 7,014.22% compared to the same period last year, mainly due to the VAT refund received by subsidiaries[17]. - Cash paid for various taxes increased by 60.77% compared to the same period last year, reflecting higher tax payments by the company and its subsidiaries[17]. Investment Activities - Cash recovered from investments increased by approximately 506 million RMB year-on-year, mainly due to the recovery of structured deposits[17]. - Cash received from investment income increased by approximately 1.9395 million RMB year-on-year, primarily from interest income on structured deposits[17]. - Cash paid for investments increased by 505 million RMB year-on-year, primarily due to the purchase of structured deposits[18]. Other Financial Metrics - The company recorded a credit impairment loss of -¥155,021,098.44, compared to a gain of ¥5,611,445.69 in the previous period, highlighting increased credit risk[42]. - Cash received from the disposal of fixed assets and other long-term assets decreased by 99.93% year-on-year, mainly due to the previous year's sale of precious metals from scrapped equipment[17]. - Cash received from the disposal of subsidiaries decreased by 100.00% year-on-year, as there were no similar transactions in the current period[17]. - Cash paid for the acquisition of fixed assets decreased by 31.06% year-on-year, reflecting a reduction in fixed asset purchases during the reporting period[17].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,419,509,151.87, representing a decrease of 8.42% compared to ¥1,550,001,898.52 in the same period last year[27]. - The net profit attributable to shareholders of the listed company was -¥365,721,252.65, a decline of 393.77% from -¥74,067,535.00 in the previous year[27]. - The basic earnings per share were -¥0.1322, a decrease of 393.28% compared to -¥0.0268 in the previous year[27]. - The company reported a net profit excluding non-recurring gains and losses of -¥375,212,312.70, which is a 56.89% increase in loss compared to -¥239,159,782.11 in the previous year[27]. - The company reported a significant decrease in other income, down 91.61% to ¥9,642,932.58 from ¥114,898,429.46[43]. - The company reported a net profit of 9,491,060.05 yuan from non-recurring gains and losses, after accounting for tax and minority interests[31]. - The total comprehensive income for the first half of 2022 was CNY -108,128,681.99, compared to CNY -70,180,027.24 in the first half of 2021, reflecting a decline of 54.1%[191]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly to ¥1,571,598,569.37, up 728.14% from ¥189,774,708.07 in the same period last year[27]. - Net increase in cash and cash equivalents was ¥1,186,492,074.18, reflecting an 883.89% increase compared to ¥120,591,911.80 last year[43]. - Cash and cash equivalents increased to ¥2,464,436,415.37, representing 23.08% of total assets, up from 13.52% last year, primarily due to VAT refund[51]. - The company's cash and cash equivalents at the end of the first half of 2022 stood at CNY 1,367,249,721.97, compared to CNY 445,119,423.07 at the end of the first half of 2021, showing an increase of 207.5%[195]. - The cash flow from financing activities included CNY 1,511,738,356.00 from loans, which was an increase from CNY 1,008,579,897.00 in the first half of 2021[199]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,679,256,078.28, down 7.12% from ¥11,498,212,153.07 at the end of the previous year[27]. - The net assets attributable to shareholders of the listed company decreased to ¥4,892,496,402.80, a decline of 6.89% from ¥5,254,294,986.25 at the end of the previous year[27]. - The total value of restricted assets at the end of the reporting period was ¥2,998,561,817.12, primarily due to bank loan pledges[55]. - The company's total liabilities decreased to ¥5,675,669,074.96 from ¥6,139,021,390.45, showing a decline of approximately 7.5%[175]. - The equity attributable to the owners of the parent company decreased to ¥4,892,496,402.80 from ¥5,254,294,986.25, a drop of about 6.9%[175]. Research and Development - Research and development expenses for the first half of 2022 amounted to approximately 127 million yuan, representing 8.93% of total revenue[38]. - The company plans to focus on developing advanced metal oxide backplane technology and conduct research on AMOLED backplanes and microcrystalline glass[42]. - Research and development expenses increased to CNY 26,184,130.28 in the first half of 2022, up from CNY 20,509,517.09 in the same period of 2021, marking a rise of 27.7%[188]. Market Strategy and Operations - The company aims to expand its market presence in high-resolution medium-sized products and metal oxide panel markets[38]. - The company has a strategic focus on the "large panel, small module" development strategy, enhancing its product variety and customer base[38]. - The company’s production capacity for IGZO TFT-LCD is 30,000 large panels per month, primarily for small and medium-sized displays[37]. Risks and Compliance - The company has highlighted potential risks in its future plans, urging investors to be cautious[5]. - The company faces risks from macroeconomic fluctuations, industry policy changes, and intense market competition in the semiconductor display sector[66][67][68]. - The company faces risks related to the supply of production equipment and raw materials, relying on a few foreign suppliers, which may lead to supply disruptions and price volatility[72]. - The company has established advanced pollution management systems to ensure compliance with environmental regulations, including wastewater and waste gas treatment systems[84]. - The company reported no administrative penalties related to environmental issues during the reporting period[86]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[6]. - There were no changes in the board of directors, supervisors, or senior management during the reporting period[77]. - The company held three shareholder meetings during the reporting period, with participation rates of 39.22%, 14.05%, and 38.99% respectively[75]. - The company is committed to protecting the rights of shareholders and creditors by adhering to relevant laws and regulations[87]. Legal Matters - The company has a pending lawsuit against China Universal (Bermuda) Co., Ltd. for performance compensation amounting to RMB 3.029 billion, which was increased from RMB 1.914 billion[100]. - The company has ongoing litigation related to a contract dispute with Huaying Bermuda, with a claim amount increased to CNY 3.029 billion[107]. - The company has submitted evidence for judicial appraisal in a lawsuit concerning performance compensation, with the process ongoing since July 2021[100].

Revenue and Profit - Revenue for Q1 2022 was CNY 718,451,451.95, an increase of 8.09% compared to CNY 664,674,350.38 in the same period last year[4] - Net profit attributable to shareholders was a loss of CNY 141,461,114.83, a decrease of 608.11% from a profit of CNY 27,840,459.19 in the previous year[4] - Total operating revenue for the current period reached ¥718,451,451.95, an increase of 8.5% compared to ¥664,674,350.38 in the previous period[33] - The net loss for the current period was ¥137,437,158.98, compared to a net profit of ¥31,965,963.54 in the previous period, indicating a significant decline[36] - The comprehensive loss for the current period was ¥134,960,039.45, compared to a comprehensive income of ¥32,048,624.33 in the previous period[36] Cash Flow - Operating cash flow net amount was CNY -81,973,767.85, a decline of 296.34% compared to CNY 41,750,185.96 in the same period last year[4] - Cash inflow from operating activities totaled ¥801,113,656.43, an increase from ¥664,612,614.40 in the previous period, representing a growth of approximately 20.5%[40] - Cash outflow from operating activities was ¥883,087,424.28, up from ¥622,862,428.44, indicating a rise of about 41.9%[40] - Net cash flow from operating activities was -¥81,973,767.85, a decline from ¥41,750,185.96 in the previous period[40] - Cash inflow from investing activities was ¥7,500,000.00, down from ¥60,288,500.57, reflecting a decrease of approximately 87.6%[43] - Cash outflow from investing activities totaled ¥76,022,404.51, compared to ¥145,842,276.17 in the previous period, showing a decrease of about 47.9%[43] - Net cash flow from investing activities was -¥68,522,404.51, an improvement from -¥85,553,775.60 in the previous period[43] - Cash inflow from financing activities reached ¥1,740,173,901.49, slightly up from ¥1,731,444,986.99[43] - Net cash flow from financing activities was ¥296,023,642.46, down from ¥497,932,264.49 in the previous period[43] - The ending balance of cash and cash equivalents was ¥325,054,163.32, a decrease from ¥780,225,011.44 in the previous period[43] Assets and Liabilities - Total assets at the end of the period were CNY 10,912,891,492.84, down 5.09% from CNY 11,498,212,153.07 at the end of the previous year[4] - Total liabilities decreased to ¥5,690,217,743.79 from ¥6,139,021,390.45, showing a decline of about 7.3%[32] - The equity attributable to shareholders of the parent company decreased to ¥5,115,310,990.95 from ¥5,254,294,986.25, a decrease of approximately 2.6%[32] - The total current assets decreased from 2,762,677,096.04 RMB to 2,335,971,715.74 RMB, a decline of about 15.4%[26] - The company's fixed assets decreased from 6,750,095,636.34 RMB to 6,584,317,703.73 RMB, a decrease of approximately 2.5%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 58,643[17] - The top ten shareholders hold a total of 1,200,000,000 shares, with the largest shareholder, Fujian Electronic Information Industry Venture Capital Partnership, holding 13.73% (379,867,047 shares)[17] Other Financial Metrics - Investment income decreased by CNY 1,880,000 compared to the same period last year, primarily due to losses from a subsidiary entering liquidation[8] - Other comprehensive income after tax increased by 2896.73%, mainly due to increased profits from the company's holdings in Huachuang equity[12] - Research and development expenses for the current period were ¥60,316,541.09, slightly down from ¥62,928,595.64, a decrease of about 4.2%[33] - The company reported a credit impairment loss of ¥4,537,056.61, compared to a gain of ¥9,150,264.63 in the previous period[36] - Basic and diluted earnings per share for the current period were -0.0511, compared to 0.0101 in the previous period[39] Changes in Financial Position - Cash and cash equivalents decreased by 58.34% compared to the same period last year, primarily due to increased loan repayments[16] - The company reported a 40.26% decrease in cash and cash equivalents at the end of the period compared to the beginning of the period, mainly due to loan repayments[7] - Accounts receivable decreased from 353,574,606.68 RMB to 337,699,080.96 RMB, a reduction of about 4.5%[26] - Inventory increased from 661,446,979.17 RMB to 713,409,865.63 RMB, an increase of approximately 7.8%[26] - The company has disclosed plans for the sale of equity in a controlling subsidiary as of April 15, 2022[22] - The company has also announced a passive reduction of shares by a shareholder holding more than 5% as of April 16, 2022[22]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the year, representing a growth of 15% compared to the previous year[23] - The company's operating revenue for 2021 was ¥3,013,729,443.36, representing a 37.37% increase from ¥2,193,873,141.33 in 2020[31] - The net profit attributable to shareholders for 2021 was -¥223,753,898.39, a decrease of 136.60% compared to ¥611,360,443.24 in 2020[31] - The net cash flow from operating activities increased by 35.43% to ¥620,763,745.25 in 2021 from ¥458,350,212.15 in 2020[31] - The total assets at the end of 2021 were ¥11,498,212,153.07, down 5.25% from ¥12,134,965,273.23 at the end of 2020[31] - The net assets attributable to shareholders decreased by 4.19% to ¥5,254,294,986.25 at the end of 2021 from ¥5,483,812,360.56 at the end of 2020[31] - The company reported a basic earnings per share of -¥0.0809 for 2021, a decline of 136.61% from ¥0.2210 in 2020[31] - The weighted average return on equity for 2021 was -4.17%, down from 11.80% in 2020[31] - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2021, representing a year-over-year increase of 15%[151] - The company reported a revenue of 1.5 billion yuan for the last quarter, representing a 20% increase year-over-year[157] User Growth - User data showed an increase in active users by 20%, reaching 5 million users by the end of the fiscal year[23] - User data showed an increase in active users by 20% compared to the previous year, reaching 2 million active users[151] - User data showed a growth of 15% in active users, reaching 10 million by the end of the reporting period[158] Future Outlook - The company has set a future revenue target of 1.5 billion RMB for the next fiscal year, indicating an expected growth rate of 25%[23] - The company provided a future outlook projecting a revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion[151] - The company expects a revenue guidance of 1.8 billion yuan for the next quarter, indicating a projected growth of 12%[158] - The company plans to focus on the development of metal oxide advanced backplane technology and conduct research on AMOLED backplanes and microcrystalline glass[50] Research and Development - The company is investing 200 million RMB in R&D for new technologies, focusing on enhancing display quality and energy efficiency[23] - The company's R&D expenses in 2021 amounted to approximately ¥282 million, representing about 9.35% of total revenue[50] - Investment in R&D for new technologies increased by 25%, totaling 200 million RMB in 2021[151] - The company is committed to increasing R&D investment to drive innovation and develop high-value products[115] Market Expansion - Market expansion efforts have led to a 10% increase in market share in the Asia-Pacific region, now accounting for 40% of total sales[23] - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[151] - Market expansion plans include entering two new international markets by Q3 2024, targeting a 10% increase in overall market share[157] Product Development - New product launches contributed to 30% of total revenue, with the introduction of two major products in the display technology sector[23] - The company aims to enhance its product offerings by expanding into high-resolution medium-sized products and the metal oxide panel market[50] - The company is set to launch three new products in Q2 2022, aiming to capture an additional 5% market share[151] Strategic Initiatives - The company is exploring potential mergers and acquisitions to enhance its product portfolio and market presence, with a budget of 500 million RMB allocated for this purpose[23] - A strategic acquisition of a local competitor is expected to be finalized by Q3 2022, which will enhance the company's product offerings[151] - The company has completed a strategic acquisition of a smaller competitor for 500 million yuan, expected to enhance its product portfolio[158] Governance and Management - The company has established a robust investor relations management system to enhance communication with investors[123] - The company’s governance structure includes specialized committees to ensure effective decision-making and risk management[123] - The company has maintained an independent operation from its controlling shareholder, with a complete separation in business, personnel, assets, and financial management[124] - The board of directors consists of 10 members, with 6 independent directors, ensuring a majority for independent oversight[171] Risks and Challenges - The company acknowledges potential risks in the market, including supply chain disruptions and increased competition, which may impact future performance[6] - The company faces risks from macroeconomic fluctuations that could impact consumer demand for electronic products[116] - The company acknowledges potential risks from industry policy changes that could adversely affect its performance[116] Financial Management - No cash dividends will be distributed to shareholders this year, as the company focuses on reinvestment for growth[8] - The total remuneration paid to directors, supervisors, and senior management during the reporting period was 12.55 million yuan (pre-tax)[161] - The company has a structured process for approving remuneration, requiring shareholder approval[161] Operational Efficiency - The company focused on optimizing organizational structure and enhancing management efficiency to drive performance growth[52] - The company plans to optimize its governance structure and improve operational efficiency while controlling costs and enhancing employee development[115]

Revenue and Profit - The company's revenue for Q3 2021 was ¥772,085,701.07, representing an increase of 18.18% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥62,237,015.62, a decrease of 95.22% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥93,162,894.43, an increase of 49.84% compared to the same period last year[3]. - Net profit decreased by 99.12% compared to the same period last year, primarily due to the sale of subsidiary Huaying Optoelectronics and the impact of increased sales volume[25]. - Total profit decreased by 97.38% year-on-year, influenced by the sale of Huaying Optoelectronics and increased main business profit[23]. - Operating profit decreased by 133.35% compared to the previous year, mainly due to the sale of Huaying Optoelectronics and increased sales volume[20]. - The net profit for the current period was ¥5,185,482.64, a decrease compared to ¥588,519,799.68 in the previous period, indicating a decline of approximately 99.1%[30]. - The company reported a net loss attributable to shareholders of ¥11,830,519.38, contrasting with a profit of ¥586,442,145.37 in the previous period[30]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥12,014,629,444.89, a decrease of 0.99% from the end of the previous year[3]. - As of September 30, 2021, total current assets amounted to ¥3,005,933,229.29, an increase from ¥2,491,454,448.35 on December 31, 2020, representing a growth of approximately 20.6%[21]. - Total non-current assets decreased to ¥9,008,696,215.60 from ¥9,643,510,824.88, a decline of about 6.6%[23]. - The total liabilities decreased to ¥6,445,630,122.59 from ¥6,565,261,695.46, a reduction of approximately 1.8%[28]. - The total equity attributable to shareholders was ¥5,466,092,103.07, slightly down from ¥5,483,812,360.56, reflecting a decrease of about 0.3%[28]. Cash Flow - Cash received from sales of goods and services increased by 31.4% year-on-year, driven by sales growth during the reporting period[36]. - Operating cash inflow increased by 36.28% compared to the same period last year, attributed to increased sales volume[38]. - Cash flow from operating activities amounted to ¥2,715,086,182.42, up from ¥2,066,303,907.55, marking an increase of about 31.4%[34]. - Cash flow from investment activities decreased by 77.53% year-on-year, mainly due to reduced receipts from the sale of Huaying Optoelectronics equity[46]. - The ending balance of cash and cash equivalents was $715,718,842.11, up from $222,891,752.42, indicating a significant increase[40]. - The company reported a total cash and cash equivalents increase of $391,191,330.84, contrasting with a decrease of $32,321,951.50 in the prior period[37]. Receivables and Payables - The company reported a significant increase in accounts receivable by 265.98% due to new bank acceptance bills[6]. - Other receivables increased by 447.11%, mainly due to increased financing deposits and unrecovered land payments from subsidiaries[6]. - Accounts payable decreased to ¥609,642,807.72 from ¥751,636,977.06, a reduction of about 18.9%[23]. - The company reported a significant increase in other receivables, which rose to ¥155,254,756.49 from ¥28,377,438.65, reflecting a growth of approximately 447%[21]. Financial Expenses and Subsidies - The company experienced a 34.03% decrease in financial expenses, attributed to a reduction in average debt scale compared to the previous year[6]. - The company received government subsidies amounting to ¥8,108,470.85 in Q3 2021, which is an increase of 246.82% year-on-year[6]. - The company’s financial expenses decreased to ¥167,954,111.60 from ¥254,605,855.31, a reduction of approximately 34%[30]. Comprehensive Income - Total comprehensive income attributable to the parent company decreased by 103.05% compared to the previous year, influenced by the sale of Huaying Optoelectronics and increased main business profit[32]. - Basic earnings per share decreased by 102.02% year-on-year, primarily due to the sale of Huaying Optoelectronics and increased sales volume[34]. - The company’s other comprehensive income after tax was -¥5,889,738.11, compared to -¥5,094,077.30 in the previous period[33]. Strategic Initiatives - The company has been actively involved in various announcements regarding stock issuance and shareholder agreements, indicating ongoing strategic initiatives[17]. - The company is focused on enhancing its financial position and addressing shareholder concerns through various measures, including stock repurchase plans and compliance with regulatory feedback[17].

Financial Performance - The company's operating revenue for the reporting period was ¥1,550,001,898.52, representing a 91.90% increase compared to ¥807,723,685.36 in the same period last year[28]. - The net profit attributable to shareholders of the listed company was -¥74,067,535.00, an improvement of 89.64% from -¥714,637,729.51 in the previous year[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥239,159,782.11, a 67.95% improvement from -¥746,189,134.60 in the same period last year[28]. - The basic earnings per share were -¥0.0268, an improvement of 89.63% from -¥0.2584 in the previous year[28]. - The diluted earnings per share were also -¥0.0268, reflecting the same improvement of 89.63% from -¥0.2584 in the previous year[28]. - The weighted average return on net assets was -1.36%, an improvement of 14.46% from -15.82% in the previous year[28]. - Total operating revenue increased by 91.90% to ¥1,550,001,898.52 compared to ¥807,723,685.36 in the same period last year[49]. - Other income rose by 321.59% to ¥114,898,429.46, primarily due to increased government subsidies received by subsidiary Huajia Color[49]. - Net profit increased by 90.80% to ¥XXX, driven by higher sales revenue and government subsidies[52]. - Operating profit increased by 84.48%, attributed to increased sales revenue from Huajia Color and government subsidies[50]. - Total profit rose by 91.64% compared to the previous year, reflecting the growth in sales revenue and government support[50]. - The gross profit margin for domestic sales was 10.84%, with a year-on-year increase of 42.92%[49]. - The overseas revenue segment saw a significant increase of 219.87% to ¥149,758,035.00 from ¥46,818,569.94[49]. - The company reported a 125.75% decrease in credit impairment losses, mainly due to exchange rate evaluations of USD receivables[49]. - Operating expenses increased by 37.09% to match the rise in sales revenue[50]. - The net cash flow from operating activities was ¥189,774,708.07, down 46.25% from ¥353,101,450.29 in the previous year[28]. - The company achieved a revenue of 1.55 billion RMB in the first half of the year, representing a 92% year-over-year increase[73]. - The net profit attributable to shareholders was -74 million RMB, a reduction in losses by 640 million RMB compared to the same period last year[73]. - The company reported a total comprehensive loss for the first half of 2021 was ¥70,136,048.27, compared to a loss of ¥718,813,785.06 in the first half of 2020, indicating a substantial improvement[200]. Assets and Liabilities - The total assets at the end of the reporting period were ¥11,954,609,029.02, a decrease of 1.49% from ¥12,134,965,273.23 at the end of the previous year[28]. - The net assets attributable to shareholders of the listed company were ¥5,405,466,164.30, down 1.43% from ¥5,483,812,360.56 at the end of the previous year[28]. - Cash and cash equivalents at the end of the reporting period amounted to ¥1,554,578,064.75, accounting for 13.00% of total assets, a decrease of 0.33% from the previous year[55]. - Accounts receivable increased to ¥275,384,089.47, representing 2.30% of total assets, up by 0.42% compared to the previous year[55]. - Inventory decreased to ¥507,285,970.79, making up 4.24% of total assets, a decline of 0.17% from the previous year[55]. - Fixed assets were valued at ¥7,230,985,927.15, constituting 60.49% of total assets, down by 2.10% year-on-year[55]. - Short-term borrowings rose to ¥2,600,840,787.54, representing 21.76% of total liabilities, an increase of 2.05% from the previous year[58]. - Contract liabilities decreased to ¥141,654,092.59, accounting for 1.18% of total liabilities, down by 1.41% due to a reduction in advance payments from a subsidiary[58]. - Long-term borrowings decreased to ¥826,875,030.53, making up 6.92% of total liabilities, a decline of 1.07% from the previous year[58]. - The company's total liabilities increased to ¥3,488,061,561.62 in the first half of 2021 from ¥2,521,564,200.56 in the same period of 2020, reflecting a growth of about 38.3%[197]. - The total equity decreased slightly to ¥11,476,318,780.43 in the first half of 2021 from ¥11,546,498,807.67 in the first half of 2020, a decline of approximately 0.6%[197]. Research and Development - Research and development expenses were CNY 122,099,701.27, down 17.76% from CNY 148,459,724.80 in the previous year[43]. - The company plans to focus on developing advanced backplane technology and embedded touch display screens, aiming for breakthroughs in various fields including OLED wearable devices[42]. - The company has successfully developed a metal oxide 11-inch tablet display product, which won the "Display Device Innovation Award" at the Shanghai International Display Technology Expo[42]. - The company is committed to enhancing its competitive edge through increased R&D investment and collaboration with brand clients[76]. Environmental Compliance - The company reported a total COD emission of 0.6603 tons, which is below the approved limit of 2.069 tons, indicating compliance with environmental standards[90]. - The NH3-N emissions from the company were recorded at 0.0496 tons, significantly lower than the approved limit of 0.267 tons, demonstrating effective pollution control measures[90]. - The company has successfully passed the ISO 14001 environmental management system certification, ensuring robust environmental management practices[93]. - The company has established a wastewater treatment system and a gas collection system, which are operational and regularly monitored to comply with national regulations[90]. - There were no significant environmental penalties or violations reported during the period, reflecting the company's commitment to environmental compliance[93]. - The company has implemented an emergency response plan for environmental incidents, which has been reviewed and updated based on recent drills[93]. - The company has a pollution management system in place, with regular monitoring and third-party assessments to ensure compliance with environmental standards[90]. - The company has established a comprehensive environmental monitoring plan, including real-time monitoring of emissions and regular third-party assessments[93]. Subsidiary Performance - The subsidiary Fujian Huajing Technology Co., Ltd. reported a net profit of ¥33,854,595.33, contributing significantly to the company's overall profitability[68]. - The subsidiary Fujian Huajing Color Co., Ltd. experienced a net loss of ¥18,504,205.98, impacting the overall financial performance of the group[68]. - Subsidiary Huaguan Optoelectronics saw a 33% increase in orders year-over-year, with high-end product sales up 395% and net profit up 440%[73]. - Subsidiary Keli Vision reported sales revenue of 47.41 million RMB, turning net profit positive during the reporting period[73]. - Huajacai achieved revenue of 1.131 billion RMB, a 72% increase year-over-year, with net profit at -18 million RMB, reducing losses by 506 million RMB[73]. Legal and Compliance Matters - The company has initiated a civil lawsuit against its Bermuda subsidiary for a performance compensation payment of RMB 19.14 billion, which has been increased to RMB 30.29 billion following audit results[103]. - The court has scheduled evidence exchange for May 12, 2020, and the trial for May 13, 2020, but has postponed the trial pending judicial appraisal[104]. - The company is undergoing judicial audit work as part of the ongoing litigation process[114]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[108]. - The company has not engaged in any violations regarding external guarantees during the reporting period[109]. - The semi-annual financial report has not been audited[110]. - The company has not experienced any bankruptcy reorganization matters during the reporting period[111]. - The company has not engaged in any joint external investments during the reporting period[126]. - The company has no significant leasing, contracting, or custodial arrangements during the reporting period[135]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 55,684, with 10 shareholders holding more than 5% of shares[155]. - The largest shareholder, China Display Technology (Bermuda) Limited, holds 14.09% of shares, totaling 389,689,715 shares[160]. - The second-largest shareholder, Fujian Electronic Information Industry Venture Capital Partnership, holds 13.73% of shares, totaling 379,867,047 shares[160]. - The company has no major shareholder changes reported during the period[145]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[165]. - There were no changes in the shareholding of directors, supervisors, and senior management during the reporting period[164]. Future Plans and Strategies - The company plans to expand panel production capacity and increase the sales proportion of high-value-added products to enhance profitability[73]. - The company plans to issue up to 829,809,840 shares in a private placement, with the controlling shareholder committing to purchase at least 10% of the total shares issued[131]. - The company has committed to maintaining a net asset return rate of no less than 10% for its subsidiaries, ensuring financial stability and shareholder value[99]. - The company aims to reduce the proportion of related party transactions to below 30% by December 31, 2010, and to maintain this level in subsequent years[102].

Group 1: Event Details - The company will participate in the "2021 Annual Fujian Listed Companies Investor Online Reception Day" [1] - The event is organized by the Fujian Securities Regulatory Bureau, Fujian Listed Companies Association, and Shenzhen Panorama Network Co., Ltd. [1] - The online interaction will take place on May 14, 2021, from 15:30 to 17:00 [1] Group 2: Participation Information - Investors can log in to the "Panorama Investor Relations Interactive Platform" to participate [1] - The event aims to enhance interaction and communication with investors [1] - The company encourages widespread participation from investors [1] Group 3: Company Assurance - The company and its board guarantee the accuracy and completeness of the disclosed information [1] - There are no false records, misleading statements, or significant omissions in the announcement [1]