佛山电器照明股份有限公司投资者关系活动记录表 1 编号：2022-01 | --- | --- | --- | |-----------------------|---------------------------------------------------------------------------------------------------|------------------------------------------------------| | 投资者关系活动类别 | ☑特定对象调研 □分析师会议 □媒体采访 □ 新闻发布会 □现场参观 \n□ 其他（请文字说明其他活动内容） | □ 业绩说明会 □ 路演活动 | | | | | | 活动参与人员 | 银河证券、国信证券 | | | 时间 | 2022 年 7 月 1 日-7 月 | 4 日 | | 地点 | 佛山照明 5 楼会议室 | | | 形式 | 网络视频会议 | | | 上市公司接待人员姓 名 | 董事会秘书：黄震环 董事会办公室主任：黄玉芬 | | | | 问题 1 | ：公司为什么要收购国星光电？ | | | 公司属于 ...

佛山电器照明股份有限公司投资者关系活动记录表 1 编号：2022-02 | --- | --- | --- | |---------------------------|-------------------------------------|-------------------------------------------------------------------------------------------------------| | 投资者关系活动类别 | □媒体采访 | ☑特定对象调研 □分析师会议 \n□ 业绩说明会 | | | □ 新闻发布会 □现场参观 | □ 路演活动 | | | □ | 其他（请文字说明其他活动内容） | | 活动参与人员 | 招商证券、国泰君安、中金公司 | | | 时间 | 2022 年 7 月 12 日-7 月 | 20 日 | | 地点 | 佛山照明 5 楼会议室 | | | 形式 上市公司接待人员姓 | 现场及网络视频会议 | | | 名 | 董事会秘书、董事会办公室主任 | | | | 问题 | 1：公司对比行业公司的核心优势是什么？ | | | ...

佛山电器照明股份有限公司投资者关系活动记录表 编号：2022-04 1 | --- | --- | --- | |-----------------------|---------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系 活动类别 | □ 特定对象调研 □ □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） | □ 分析师会议 媒体采访 □业绩说明会 | | 活动参与人 | 参会名单详见附件 1 | ：调研人员信息表 | | 员 时间 | 2022 年 9 月 8 日 | | | 地点 | 全景网 | ...

佛山电器照明股份有限公司投资者关系活动记录表 编号：2022-05 1 | --- | --- | --- | |-----------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

佛山电器照明股份有限公司投资者关系活动记录表 编号：2022-06 1 | --- | --- | --- | |---------------------|-----------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥2,061,412,360.91, a decrease of 13.71% compared to the same period last year[6]. - Net profit attributable to shareholders was ¥60,088,026.76, down 36.77% year-on-year[6]. - Basic earnings per share decreased by 36.79% to ¥0.0445[6]. - The total comprehensive income attributable to the parent company decreased by 86.18% to -¥158,375,059.73, mainly due to changes in the fair value of other equity investments[17]. - Net profit for the quarter was CNY 322,032,651.27, a decrease of 11.6% from CNY 364,141,679.67 in the previous year[40]. - The company’s operating profit was CNY 367,171,193.83, down from CNY 419,108,220.65, representing a decrease of 12.4%[40]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥544,288,075.20, an increase of 23.98% year-on-year[6]. - The net cash flow from operating activities increased by 23.98% to ¥544,288,075.20, mainly due to an increase in tax refunds received[17]. - The cash inflow from operating activities amounted to ¥6,401,686,206.78, an increase from ¥6,372,923,495.75 in the previous period, reflecting a growth of approximately 0.45%[44]. - The net cash flow from investment activities decreased by 105.82% to -¥56,689,738.38, primarily due to the previous period's sale of stocks[17]. - The net cash flow from financing activities decreased by 51.26% to -¥828,830,856.22, attributed to payments related to equity transfers[17]. - The cash inflow from financing activities totaled ¥729,942,572.70, a significant increase from ¥47,330,746.17 in the prior period[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥14,290,151,975.79, a decrease of 12.43% from the previous year-end[6]. - The company’s total assets were reported at CNY 14,290,151,975.79, down from CNY 16,317,843,693.47, indicating a decrease of 12.4%[34]. - The company reported a total liability of CNY 5,629,950,461.07, down from CNY 5,924,645,386.12, indicating a decrease of 4.97%[34]. - Total equity decreased to CNY 8,660,201,514.72 from CNY 10,393,198,307.35, reflecting a decline of 16.66%[34]. Investments and Expenses - Research and development expenses rose by 39.74% to ¥324,063,907.56 as a result of increased investment in R&D and expansion of the R&D team[14]. - The company reported a 58.22% decline in investment income to ¥13,670,258.81, due to lower dividend income from equity investments[14]. - The company’s long-term equity investments stood at RMB 180,449,874.83, slightly down from RMB 181,545,123.09 at the beginning of the year[31]. - The company's other equity instrument investments decreased significantly from RMB 1,504,980,024.07 to RMB 868,654,629.65, a decline of approximately 42.3%[31]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 62,656, with the largest shareholder holding 13.84%[18]. - The company repurchased 13 million A-shares for an employee stock incentive plan, with a total of 37,351,507 shares to be canceled, reducing the total share capital from 1,399,346,154 shares to 1,361,994,647 shares[25]. Government Subsidies and Compensation - The company reported a total of ¥47,741,537.68 in government subsidies recognized in the current period[10]. - The company received 30% of the compensation amounting to RMB 55,160,000 for the expropriation of land and buildings, with a total compensation of RMB 183,855,895[26]. Strategic Moves - The company completed a significant asset restructuring in February 2022, acquiring a 21.32% stake in Guoxing Optoelectronics[6]. - The company completed the acquisition of a 21.32% stake in Guoxing Optoelectronics, increasing its total ownership to 21.48%, making it a controlling subsidiary[28]. - The company is in the process of liquidating its wholly-owned subsidiary, FSL Lighting GmbH, as part of its restructuring efforts[27].

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 4,348,268,999.31, representing a 19.91% increase compared to the same period last year[26]. - The net profit attributable to shareholders of the listed company was CNY 160,664,433.28, an increase of 31.29% year-on-year[26]. - The net profit after deducting non-recurring gains and losses was CNY 160,862,524.18, reflecting a significant increase of 76.41% compared to the previous year[26]. - The basic earnings per share rose to CNY 0.1191, up 31.31% from CNY 0.0820 in the same period last year[26]. - The total assets at the end of the reporting period were CNY 14,393,387,239.50, a decrease of 11.79% from the end of the previous year[26]. - The net assets attributable to shareholders of the listed company decreased to CNY 5,373,874,037.57, down 23.08% compared to the previous year[26]. - The net cash flow from operating activities was CNY 150,034,906.39, a decline of 66.38% compared to the same period last year[26]. - The total comprehensive income for the reporting period was ¥102,285,521.93, a 313.09% increase compared to a loss of ¥48,001,351.54 in the previous year[72]. - The company reported a significant increase in investment income, which rose by 257.04% to ¥19,613,744.86 from ¥5,493,482.75[72]. Market and Business Expansion - The company has focused on R&D, production, and sales of high-quality energy-saving lighting products, expanding into smart lighting and health lighting markets[36]. - The automotive lighting business has expanded to include complete automotive lamp assemblies, with major clients including SAIC-GM-Wuling and Changan Automobile[37]. - The company has acquired Nanning Liaowang and Guoxing Optoelectronics to strengthen its position in the automotive lighting market and integrate the LED industry chain[48]. - The company is actively exploring new market opportunities in response to national policies promoting carbon neutrality and infrastructure development[38]. - The company has established a marketing network covering over 120 countries and regions, enhancing its market development capabilities[49]. - The company is actively expanding into marine lighting and smart lighting markets, establishing sales networks and partnerships[63]. - The company plans to continue expanding its market presence and product offerings, focusing on LED components and related technologies[88]. Research and Development - Research and development expenses rose by 25.42% to ¥220,198,594.10, up from ¥175,562,285.94 in the previous year[69]. - The company launched over 100 differentiated and functional new products, with 3 products receiving the Guangdong Province High-tech Product certification[64]. - The company has introduced 4 external research teams to enhance R&D capabilities and is collaborating on 12 key technology research projects in new materials and intelligent control[64]. - The company has accelerated its development in third-generation semiconductors and new optoelectronic devices, with 5 products recognized as high-tech products in Guangdong Province[64]. - The company has developed 19 new car lamp projects, with 5 already in mass production, indicating a solid foundation for future growth[63]. Risk Management - The company faces risks from macroeconomic fluctuations, intensified market competition, and raw material price volatility[7]. - The company plans to enhance the management of accounts receivable to avoid overdue situations and reduce risks associated with customer defaults[102]. - The company will increase the purchase of credit insurance for export receivables to lower the risk of customer defaults[102]. - The company will adjust its operational strategies in response to significant fluctuations in exchange rates to stabilize export business[102]. - The company has implemented a risk management system for foreign exchange hedging to mitigate market and credit risks associated with forward contracts[102]. Environmental Responsibility - The company is classified as a key pollutant discharge unit by environmental protection authorities[131]. - The company emitted 39.937 tons of sulfur dioxide and 83.549 tons of nitrogen oxides annually, both within the regulatory limits[131]. - The company has implemented measures to ensure that all emissions from its facilities are within the prescribed limits set by local environmental regulations[134]. - The company has invested 696.81 million CNY in acid and alkali waste gas treatment facilities, operational since November 2012, with a design capacity of 85,000 m³/h and actual processing capacity of 33,595 m³/h[137]. - The company has received multiple environmental approvals for projects, including the new LED lighting production base approved on September 30, 2017[140]. Corporate Governance and Social Responsibility - The company emphasizes corporate social responsibility, focusing on shareholder returns, employee development, and community prosperity[153]. - The company has improved its corporate governance structure to protect the rights of all investors, especially minority shareholders[154]. - Employee welfare is prioritized, with enhanced compensation and a focus on health and safety in the workplace[155]. - The company has passed multiple certifications including ISO9001, IATF16949, ISO14001, ISO45001, and ISO50001, emphasizing its commitment to quality management and environmental sustainability[159]. Legal Matters - The company is currently involved in litigation with a total claim amount of RMB 1,325.57 million (approximately $204 million) related to a sales contract dispute[179]. - The company has applied for enforcement of a court ruling requiring the defendant to pay RMB 1,122.08 million (approximately $173 million) plus penalties[179]. - The company is facing multiple lawsuits related to contract disputes, with amounts involved in the range of 3.6 million yuan to 72.47 million yuan[185]. - The company has reported a total compensation of 53.35 million yuan and an additional 800,000 yuan for appraisal fees in a legal dispute, which it is appealing[185]. - The company has not reported any significant debts or failures to comply with court judgments during the reporting period[189].

Financial Performance - The company reported a total share capital of 1,361,994,647 shares, with a cash dividend distribution of 1.3 billion RMB to shareholders at a rate of 0.1 RMB per share[8]. - The company's operating revenue for 2021 was ¥4,772,690,469.14, an increase of 27.44% compared to ¥3,744,914,452.72 in 2020[29]. - The net profit attributable to shareholders for 2021 was ¥250,091,965.87, a decrease of 21.09% from ¥316,914,185.34 in 2020[29]. - The net profit after deducting non-recurring gains and losses was ¥150,010,381.60, down 45.80% from ¥276,795,046.07 in 2020[32]. - The net cash flow from operating activities was negative at ¥-277,025,085.26, a decline of 170.16% compared to ¥394,828,331.90 in 2020[32]. - The total assets at the end of 2021 were ¥9,699,592,528.61, an increase of 13.85% from ¥8,519,336,914.11 at the end of 2020[32]. - The company's weighted average return on equity for 2021 was 4.23%, down from 5.82% in 2020[32]. - The company reported a quarterly operating revenue of ¥1,525,550,529.97 in Q4 2021, showing a consistent increase throughout the year[37]. - The total operating revenue for the company in 2021 was approximately ¥4.77 billion, representing a year-on-year increase of 27.44% compared to ¥3.74 billion in 2020[73]. - The gross profit margin for the lighting equipment and fixtures segment was 16.98%, showing a decrease of 3.01% from the previous year[73]. - The company reported a total revenue of 12,540,752 in the latest financial results[183]. - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2021, representing a year-over-year increase of 15%[196]. Market Position and Strategy - The company is recognized as a leading player in the domestic lighting industry, with strong brand and production capabilities[46]. - The company plans to expand its market share through strategic acquisitions and integration of quality targets in the lighting sector[45]. - The company expanded its market presence to over 120 countries and regions, significantly enhancing its competitive edge[56]. - The company is actively expanding its overseas market presence, successfully entering major European supermarkets and the largest building materials chain in South America[67]. - The company aims to focus on high-end smart manufacturing and transition to providing integrated solutions, enhancing its core competitiveness[153]. - The company plans to strengthen product innovation by collaborating with authoritative research institutions and focusing on high-end smart products[154]. - The company is focusing on expanding its market presence and enhancing product development capabilities[188]. - The company is actively pursuing strategic partnerships and potential acquisitions to bolster its market position[192]. Research and Development - The company invested 233 million yuan in R&D, accounting for 4.88% of total revenue, and developed 425 new products generating approximately 700 million yuan in sales[63]. - The company has developed 112 smart sensing and portable entertainment lighting products, indicating a strong focus on innovation in the lighting electronics sector[67]. - Research and development expenses increased by 87.06% to ¥203,681,619.16, driven by expanded R&D teams and projects[89]. - The number of R&D personnel increased to 1,226 in 2021, a rise of 43.22% from 856 in 2020, with R&D personnel accounting for 13.20% of the total workforce[94]. - R&D investment amounted to ¥232,707,972.02 in 2021, representing a 44.36% increase from ¥161,198,331.61 in 2020, and accounting for 4.88% of operating revenue[94]. - The company is focusing on smart home technology, with completed research on smart home controllers aimed at enhancing safety and energy efficiency[90]. - The company is researching visible light photocatalytic disinfection technology to expand its product line in health and disinfection lighting[90]. - The company is developing key technologies for intelligent LED automotive headlights, with the project currently awaiting acceptance[90]. Acquisitions and Investments - The company completed the acquisition of 21.48% of Guoxing Optoelectronics, enhancing its vertical integration in the LED industry[60]. - The company successfully completed the acquisition of Nanning Liaowang, enhancing its position in the automotive lighting supply chain and expanding its market reach[69]. - The company acquired a 53.79% stake in Nanning Liaowang for ¥493,880,000, with the investment expected to yield a profit of ¥14,590,000[113]. - The company acquired a non-controlling subsidiary, Nanning Liaowang, during the reporting period, contributing to its investment strategy[119]. - The investment in other equity instruments includes significant holdings in Xiamen Bank and Guo Xing Optoelectronics, with respective values of 575,955,944.40 CNY and 10,940,622.00 CNY[119]. Risk Management - The company emphasizes the importance of risk awareness regarding macroeconomic uncertainties, intensified market competition, and fluctuations in raw material prices[7]. - The company has established a risk control system for its forward foreign exchange settlement business, ensuring that all transactions are based on normal operational needs and aimed at hedging against exchange rate risks[129]. - The fair value of derivatives is primarily affected by exchange rate fluctuations, with monthly assessments conducted to ensure accurate valuation[129]. - The company has not engaged in speculative operations with its forward foreign exchange business, aligning with its operational development needs[129]. Corporate Governance - The company operates independently from its controlling shareholder, with a complete and autonomous business and management system[171]. - The company has established an independent financial department and complies with accounting standards, maintaining independent bank accounts and tax obligations[174]. - The company has a clear governance structure that adheres strictly to its articles of association[171]. - The management team is fully dedicated to the company, with all senior executives receiving their salaries from the company[171]. - The company has maintained a consistent management team since August 2020, with no changes in senior management roles reported[182]. - The company’s board of directors includes a mix of executive and independent directors, ensuring governance and oversight[179]. - The company has implemented measures to ensure that all debts related to sold assets have been fully transferred[131]. Future Outlook - Future outlook indicates a commitment to innovation and technology advancement in product offerings[191]. - The company has set a revenue guidance for the next fiscal year at 1.5 billion RMB, projecting a growth rate of 25%[196]. - New product launches include an energy-efficient lighting solution expected to contribute an additional 200 million RMB in revenue[196]. - Market expansion plans include entering two new international markets by Q3 2022, targeting a 10% increase in overall market share[196]. - The company is exploring potential acquisitions to enhance its product portfolio and market presence, with a budget of 300 million RMB allocated for this purpose[196]. - A new strategic partnership has been established with a leading tech firm to co-develop smart lighting solutions, expected to launch by Q4 2022[196].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,291,797,822.97, representing a 24.61% increase compared to the same period last year[4] - The net profit attributable to shareholders was CNY 81,457,735.74, a decrease of 1.36% year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 49,859,285.46, down 29.87% from the previous year[7] - The weighted average return on equity was 1.34%, down from 1.68% in the previous year[7] - Net profit attributable to the parent company increased by 48.48% to approximately CNY 2.61 billion, influenced by the acquisition and stock sales[18] - Net profit for the current period was ¥200,536,540.93, a decrease of 14% from ¥233,313,901.89 in the previous period[52] - The company reported a total profit of ¥227,640,779.51, down from ¥272,795,546.19 in the previous period, highlighting a decline in profitability[52] - Basic earnings per share for the current period were ¥0.1392, compared to ¥0.1662 in the previous period, reflecting a decrease in earnings per share[55] Cash Flow - The net cash flow from operating activities was negative CNY 53,586,119.35, a decline of 114.95% compared to the same period last year[7] - The net cash flow from investing activities was 1,189,612,389.08, an increase of 956.11% attributed to the sale of stocks in Guoxuan High-Tech and Everbright Bank[24] - The net cash flow from financing activities was -519,401,249.39, a decrease of 100.63% mainly due to stock repurchases[24] - Cash flow from operating activities was ¥3,336,485,758.40, up from ¥2,799,721,186.66, showing improved cash generation capabilities[56] - The net cash flow from operating activities was -53,586,119.35, a decrease from 358,429,129.88 in the previous period[62] - The cash inflow from investment activities was 1,647,906,272.45, a substantial increase from 40,611,670.73 in the prior period[62] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,680,260,873.44, an increase of 13.63% from the end of the previous year[7] - The company's cash and cash equivalents increased by 79.38% to CNY 1,760,127,913.79, primarily due to the sale of stocks[12] - Accounts receivable rose by 33.91% to CNY 1,518,848,691.05, attributed to the acquisition of a subsidiary[12] - Inventory increased by 47.08% to CNY 1,082,058,596.03, also due to the acquisition of a subsidiary[12] - Total liabilities increased to ¥3,440,235,557.13 from ¥2,207,156,775.04, reflecting a growth of about 55.7%[45] - The company's total assets amounted to ¥9,680,260,873.44, compared to ¥8,519,336,914.11 in the previous year, indicating an increase of approximately 13.6%[41] - The total equity attributable to shareholders reached approximately 6.26 billion, with retained earnings of about 1.76 billion[69] Acquisitions and Investments - The company completed the acquisition of Nanning Liaowang Automotive Lighting Co., Ltd., holding 53.79% of its shares, with an investment of ¥48,752 million[37] - The company plans to acquire 21.32% of the shares of Guoxing Optoelectronics from its controlling shareholder, enhancing its stake to 21.48% post-acquisition[33] - The company reported a significant increase in accounts payable, which rose to ¥1,499,932,297.53 from ¥1,059,674,020.99, reflecting an increase of approximately 41.5%[45] Other Financial Metrics - Operating costs grew by 32.99% to approximately CNY 2.69 billion, reflecting increased revenue and corresponding costs[18] - Financial expenses decreased by 80.76% to approximately CNY -2.86 million, mainly due to reduced interest income[18] - Other comprehensive income decreased by 46.77% to approximately CNY 1.25 billion, primarily from stock sales[18] - Research and development expenses increased to ¥126,436,114.83, compared to ¥97,286,326.04 in the previous period, indicating a focus on innovation[49] - Investment income for the current period was ¥32,146,261.42, down from ¥37,773,909.66 in the previous period, indicating a decline in investment performance[49] Compliance and Reporting - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[72] - The company has implemented new leasing standards, which may impact future financial reporting and comparisons[72] - The company has not disclosed any new product developments or market expansion strategies in the current report[69] - There were no significant mergers or acquisitions reported during this period, maintaining the current operational structure[69]

Financial Performance - The company's operating revenue for Q1 2021 was CNY 825,678,013.99, representing a 47.35% increase compared to CNY 560,357,960.57 in the same period last year[10] - Net profit attributable to shareholders was CNY 42,203,399.57, up 35.10% from CNY 32,282,776.35 year-on-year[10] - Basic and diluted earnings per share increased to CNY 0.0305, a rise of 34.96% compared to CNY 0.0234 in the same quarter last year[10] - Total revenue for the period reached ¥825,678,013.99, a 47.35% increase compared to ¥560,357,960.57 in the same period last year[25] - Net profit amounted to ¥44,186,405.89, reflecting a 39.41% increase from ¥31,695,531.20 year-over-year[28] - The total operating revenue for the first quarter was CNY 825,678,013.99, an increase of 47.3% compared to CNY 560,357,960.57 in the same period last year[72] - The net profit for the current period is CNY 44,186,405.89, compared to CNY 31,695,531.20 in the previous period, indicating a year-over-year increase of about 39.5%[78] - The operating profit for the current period is CNY 53,215,617.48, up from CNY 38,380,281.37, reflecting a growth of approximately 38.7%[78] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to CNY 48,558,082.07, a 328.69% increase from a negative cash flow of CNY -24,040,955.33 in the previous year[10] - The net cash flow from operating activities was ¥48,558,082.07, a significant improvement from -¥21,233,501.52 in the previous year, indicating better cash management[28] - Cash inflow from operating activities totaled 1,075,641,108.78 CNY, up from 728,881,836.49 CNY year-over-year[93] - Cash outflow from operating activities was 1,027,083,026.71 CNY, compared to 750,115,338.01 CNY in the previous period[93] - The net cash flow from investing activities was 201,525,179.69 CNY, down from 277,193,052.58 CNY in the prior year[93] - Cash and cash equivalents at the end of the period were 911,420,526.18 CNY, compared to 1,311,729,660.02 CNY at the end of the previous period[95] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,851,627,428.83, down 7.84% from CNY 8,519,336,914.11 at the end of the previous year[10] - The total liabilities decreased to CNY 2,333,764,446.40 from CNY 2,306,977,826.03, reflecting a slight increase of 1.2%[70] - The total assets decreased to CNY 7,781,918,625.70 from CNY 8,396,592,046.92, indicating a decline of 7.3%[70] - The total equity attributable to shareholders decreased to CNY 5,448,154,179.30 from CNY 6,089,614,220.89, a decrease of 10.5%[70] - The accounts receivable decreased from ¥1,134,233,235.70 to ¥940,223,382.28, a reduction of about 17.1%[54] - The company's inventory increased from ¥735,685,116.91 to ¥883,309,501.72, showing a growth of approximately 20.1%[54] Research and Development - Research and development expenses rose to ¥35,175,015.78, a significant increase of 77.40% from ¥19,828,312.32, indicating a stronger focus on innovation[25] - Research and development expenses increased to CNY 35,175,015.78 from CNY 19,828,312.32, marking a significant rise of about 77.0%[78] - Research and development investments increased by 30%, focusing on smart lighting technologies[104] Shareholder Information - The top ten shareholders held a total of 73,406 shares, with Hong Kong Huasheng Holdings Co., Ltd. being the largest shareholder at 13.47%[14] - The company did not engage in any repurchase transactions during the reporting period[21] - The company repurchased a total of 31,070,300 A-shares and 3,799,702 B-shares, accounting for 2.49% of its total share capital, with a total expenditure of ¥196,959,000[30] Risk Management - The company has implemented risk control measures to mitigate foreign exchange risks, including strengthening accounts receivable management and increasing the purchase of credit insurance for export receivables[41] - The independent directors confirmed that the company's forward foreign exchange settlement operations are based on normal business operations and do not involve speculative activities[41] - The company has established clear internal procedures for managing foreign exchange settlement operations to prevent investment risks[41] Future Outlook - The company plans to adjust its operational strategies in response to market fluctuations to stabilize export business and minimize foreign exchange losses[41] - Future guidance estimates a revenue growth of 10-15% for the next quarter, driven by seasonal demand[104] - The company aims to reduce operational costs by 5% through efficiency improvements in manufacturing[104] Other Information - The company reported non-operating income of CNY 4,237,000.00 from government subsidies during the reporting period[10] - The company has not reported any significant changes in accounting policies or principles regarding derivative products compared to the previous reporting period[41] - The company has not indicated any expected significant changes in net profit for the first half of 2021 compared to the same period last year[44] - The company did not engage in any research, communication, or interview activities during the reporting period[50] - The company has not undergone an audit for the first quarter report[103]