Group 1: Company Overview - The company is one of the few domestic firms with core application processor chip design capabilities, providing application processor chips for various interconnected smart terminal products [1] - Main business revolves around chip products, offering comprehensive solutions and customized smart terminal products for key industry clients [1] - Key chip products include smart terminal application processors and imaging product processors, primarily featuring 4-core or 8-core processors and GPU chips [1] Group 2: Product Development and Market Focus - The company collaborates with Tencent to develop the Ministation gaming console, utilizing its co-processor for real-time data transmission, while the main processor is not supplied by the company [2] - Current market focus is on imaging products and smart set-top boxes, with imaging products targeting three main markets: network cameras (IPC), smart dash cameras, and action cameras [2] Group 3: Data Business and Cloud Computing - The company has established a wholly-owned subsidiary, INFOTM, INC, in Houston, Texas, to leverage its capabilities in internet smart hardware and system integration [2] - A strategic alliance has been formed with Skybox, a leading data center operator, to build a cloud computing service center in Houston, with 87,900 square meters of land and 102 dedicated cabinets designed for a total power capacity of 40,000KW [2] Group 4: Compliance and Information Disclosure - During the reception, the company adhered strictly to regulations to ensure fair and impartial information disclosure, with no incidents of information leakage [3] - No written materials were provided to the researchers during the meeting [3]

盈方微电子股份有限公司 2022 年第三季度报告 证券代码：000670 证券简称：盈方微 公告编号：2022-091 盈方微电子股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 是 □否 追溯调整或重述原因 会计差错更正 | | 本报告期 | 上年同期 | | 本报告期 比上年同 | 年初至报告 | 上年同期 | | 年初至报 告期末比 上年同期 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 期增减 | 期末 | | | | | | | | | | | | | 增减 | | | | 调整前 | 调整后 | 调整后 | | 调整前 | 调整后 | 调整后 | | 营业收入 | 800,292,275.93 | 793,577,455.52 | 793,577,455.52 | 0.85% | 2,064,741,762.54 | 2,156,790 ...

盈方微电子股份有限公司 2021 年第一季度报告全文 盈方微电子股份有限公司 2021 年第一季度报告 2021 年 04 月 1 盈方微电子股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连 带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人张韵、主管会计工作负责人李明及会计机构负责人(会计主管人 员)李明声明：保证季度报告中财务报表的真实、准确、完整。 2 盈方微电子股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 □ 适用 √ 不适用 公司报告期不存在将根据《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》定义、列举的非经常性损 益项目界定为经常性损益的项目的情形。 3 盈方微电子股份有限公司 2021 年第一季度报告全文 二、报告期末股东总数及前十名股东持股情况表 | | 本报告期 | 上年同期 | 本报告期比上年同期 ...

盈方微电子股份有限公司 2021 年第三季度报告 证券代码：000670 证券简称：*ST 盈方 公告编号：2021-079 盈方微电子股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中 财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 √ 适用 □ 不适用 单位：元 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期增减 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | | | 同期增减 | | 营业收入（元） | 793,577,455.52 | 1,243.22% | 2,156 ...

盈方微电子股份有限公司 2022 年第一季度报告全文 证券代码：000670 证券简称：*ST 盈方 公告编号：2022-029 盈方微电子股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中 财务信息的真实、准确、完整。 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 会计差错更正 | | 本报告期 | 上年同期 | | 本报告期比上年同 | | --- | --- | --- | --- | --- | | | | | | 期增减 | | | | 调整前 | 调整后 | 调整后 | | 营业收入（元） | 786,711,352.39 | 680,035,798.82 | 680,035,798.82 | 15.69% | | 归属于上市公司股东的 ...

盈方微电子股份有限公司 2020 年年度报告全文 盈方微电子股份有限公司 2020 年年度报告 2021 年 04 月 1 盈方微电子股份有限公司 2020 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人张韵、主管会计工作负责人李明及会计机构负责人(会计主管人 员)李明声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺， 请投资者注意投资风险。 《中国证券报》、《证券时报》、《上海证券报》、《证券日报》和巨潮 资讯网（www.cninfo.com.cn）为本公司的指定信息披露媒体，本公司所发布的 信息均以上述媒体及深交所网站刊登的信息为准，敬请投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 6 | | --- | --- | | 第二节 | ...

盈方微电子股份有限公司 2021 年半年度报告全文 盈方微电子股份有限公司 2021 年半年度报告 2021 年 08 月 1 盈方微电子股份有限公司 2021 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 公司负责人张韵、主管会计工作负责人李明及会计机构负责人(会计主管人 员)李明声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本半年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承 诺，请投资者注意投资风险。公司在本报告第三节"管理层讨论与分析"之"十、 公司面临的风险和应对措施"相关内容，具体描述了公司可能存在的相关风险， 敬请投资者关注相关内容。 《中国证券报》《证券时报》《上海证券报》《证券日报》和巨潮资讯网 （www.cninfo.com.cn）为本公司的指定信息披露媒体，本公司所发布的信息均 以上述媒体及深圳证券交易所网站刊登的信息为准，敬请投资者注意投资风险。 公司计划不派发现金红利 ...

盈方微电子股份有限公司 2021 年年度报告全文 盈方微电子股份有限公司 2021 年年度报告 2022 年 02 月 1 盈方微电子股份有限公司 2021 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人张韵、主管会计工作负责人李明及会计机构负责人(会计主管人 员)李明声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺， 请投资者注意投资风险。 《证券时报》《中国证券报》《上海证券报》《证券日报》和巨潮资讯网 （www.cninfo.com.cn）为本公司的指定信息披露媒体，本公司所发布的信息均 以上述媒体及深交所网站刊登的信息为准，敬请投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 | | 2 | | --- | --- | --- | - ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB in 2020, representing a year-over-year growth of 20%[19]. - The company's operating revenue for 2020 was ¥699,966,125.52, representing an increase of 16,849.85% compared to ¥4,129,630.93 in 2019[22]. - The net profit attributable to shareholders for 2020 was ¥13,048,572.57, a significant improvement from a loss of ¥206,113,476.37 in 2019, marking a 106.33% increase[22]. - The company achieved a net profit of ¥4,970,621.70 from non-recurring gains in 2020, compared to a loss of -¥398,737.85 in 2019[28]. - The company reported a net profit of ¥11,974,298.26 from its subsidiary Chengdu Shunquan, contributing over 10% to the overall net profit[98]. - The company achieved a net profit of 330 million yuan (approximately 33 million USD) during the reporting period[139]. - The net profit attributable to the parent company for the years 2020, 2021, and 2022 is projected to be no less than 90 million, 110 million, and 130 million respectively, totaling at least 330 million[138]. - The net profit tax expense surged to ¥7,614,224.34, a 3,910.95% increase compared to the previous year, driven by the consolidation of acquired subsidiaries[57]. Business Expansion and Restructuring - Following a major asset restructuring in 2020, the company expanded its business to include electronic component distribution in addition to its original chip design and sales[19]. - The company completed the acquisition of 51% equity in Huaxin Technology and World Style, enhancing its electronic component distribution business[31]. - The company successfully completed a major asset restructuring, acquiring 51% equity in Huaxin Technology and World Style, enhancing its electronic components distribution business[49]. - The company has established several subsidiaries, including Shaoxing Xinyuan Micro and Huaxin Technology, which are expected to enhance related business development[99]. - The company is actively pursuing new product development and market expansion strategies to strengthen its core competitiveness in the electronic components sector[49]. - The company plans to issue shares to acquire 39% stakes in Huaxin Technology and WORLD STYLE from Yuxin Investment and Shanghai Ruicheng, along with an additional 10% from Shanghai Ruicheng, pending shareholder and regulatory approvals[196]. Corporate Governance and Compliance - The company has committed to ensuring the accuracy and completeness of its financial reports, with key executives affirming the integrity of the annual report[4]. - The company is committed to enhancing corporate governance and internal controls to mitigate operational risks and support its goal of regaining listing status[52]. - The company has communicated with investors regarding its stock suspension and future development plans, receiving 67 inquiries through its interactive platform[112]. - The company has not proposed any cash dividend distribution for the years 2018, 2019, and 2020 due to significant previous losses[120]. - The company has confirmed that there are no violations of insider trading regulations related to the major asset restructuring[129]. - The company has committed to maintaining compliance with all relevant laws and regulations during the restructuring process[125]. Risk Management - The company emphasizes the importance of investor awareness regarding potential risks associated with forward-looking statements in its reports[5]. - The company has faced risks related to the approval of its asset purchase and fundraising transactions, which require shareholder and regulatory approvals[110]. - The company has maintained good quality in its accounts receivable, with most aging under six months[109]. - The company has established a commitment to avoid conflicts of interest in future business operations[125]. Research and Development - The company focuses on customer-oriented R&D, combining in-house development with external IP procurement to meet market demands[32]. - The company has over 20 software copyrights and nearly 20 authorized patents, with an average annual growth rate of 10% in patent applications[40]. - R&D investment for 2020 was CNY 4.72 million, a decrease of 62.88% compared to CNY 12.71 million in 2019, representing only 0.67% of total revenue[73]. Market Position and Industry Trends - The semiconductor industry in China is experiencing significant growth opportunities due to the rise of technologies such as AI, IoT, cloud computing, and 5G networks[101]. - The electronic components distribution business accounted for 99.74% of total revenue, with sales reaching ¥698,163,931.62[59]. - The company is positioned to benefit from national policies supporting the semiconductor industry amid increasing tensions in the tech sector between China and the U.S.[101]. Financial Obligations and Performance Commitments - The company has established a clear framework for performance compensation to protect investor interests[143]. - The performance compensation obligations are ongoing and will be fulfilled as per the agreements made with related parties[143]. - The company has committed to fulfilling its obligations under the performance commitments until the end of the commitment period[143]. - The company has established a commitment to continuous performance improvement and transparency in its financial reporting[138]. Legal and Regulatory Matters - The company has been investigated for potential violations regarding the disclosure of important information, as indicated by a case initiated by the Jingzhou Public Security Bureau[166]. - The company has no ongoing investigations or legal issues related to insider trading or violations of securities laws[148]. - The company has confirmed that it has corrected prior accounting errors as of April 27, 2020, with a special audit report issued[149]. - The company has no significant debts or adverse credit records as of the date of the commitment letter[127].

[Report Overview](index=1&type=section&id=Report%20Overview) Management guarantees report accuracy and completeness, financial information is true, and the quarterly report is unaudited [Important Notice](index=1&type=section&id=Important%20Notice) Management guarantees the report's truthfulness and completeness, affirming financial information accuracy; the quarterly report is unaudited - The board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, free from false records, misleading statements, or major omissions, and assume individual and joint legal liabilities[3](index=3&type=chunk) - The company's principal, chief financial officer, and head of accounting department declare that the financial information in the quarterly report is true, accurate, and complete[3](index=3&type=chunk) - The third-quarter report is unaudited[4](index=4&type=chunk) [Key Financial Data](index=1&type=section&id=I.%20Key%20Financial%20Data) This section presents main accounting data, financial indicators, non-recurring gains and losses, and an analysis of significant changes [Main Accounting Data and Financial Indicators](index=1&type=section&id=%28I%29%20Main%20Accounting%20Data%20and%20Financial%20Indicators) Operating revenue and net profit attributable to parent company shareholders significantly increased, but operating cash flow was negative and decreased Main Accounting Data and Financial Indicators | Item | Current Reporting Period | Change from Prior Year Period | Year-to-Date | Change from Prior Year Period (YTD) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (yuan) | 793,577,455.52 | 1,243.22% | 2,156,790,129.76 | 3,495.77% | | Net Profit Attributable to Shareholders of Listed Company (yuan) | 5,086,283.28 | 407.50% | 11,183,140.91 | 224.06% | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-Recurring Gains and Losses (yuan) | 4,853,172.15 | 347.48% | 10,885,147.85 | 215.28% | | Net Cash Flow from Operating Activities (yuan) | —— | —— | -129,064,063.85 | -32.08% | | Basic Earnings Per Share (yuan/share) | 0.0062 | 410.00% | 0.0137 | 224.55% | | Diluted Earnings Per Share (yuan/share) | 0.0062 | 410.00% | 0.0137 | 224.55% | | Weighted Average Return on Net Assets | 19.09% | -11.38% | 48.80% | -27.30% | | **Period-End Indicators** | **End of Current Reporting Period** | **End of Prior Year** | **Change from Prior Year-End** | | | Total Assets (yuan) | 1,381,636,603.86 | 1,468,419,837.16 | -5.91% | | | Total Equity Attributable to Shareholders of Listed Company (yuan) | 30,059,837.00 | 15,769,789.16 | 90.62% | | [Non-Recurring Gains and Losses Items and Amounts](index=2&type=section&id=%28II%29%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) Total non-recurring gains and losses were **233,111.13 yuan** for the period and **297,993.06 yuan** year-to-date, mainly from government subsidies and other non-operating items Non-Recurring Gains and Losses Items and Amounts | Item | Amount for Current Reporting Period (yuan) | Year-to-Date Amount (yuan) | | :--- | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | - | 7,690.77 | | Government Subsidies Included in Current Profit/Loss | 471,715.10 | 897,094.10 | | Other Non-Operating Income and Expenses Apart from the Above | -650.04 | -182,993.52 | | Less: Income Tax Impact | 96,338.14 | 196,730.03 | | Minority Interest Impact (After Tax) | 141,615.79 | 227,068.26 | | **Total** | **233,111.13** | **297,993.06** | [Analysis of Changes in Main Accounting Data and Financial Indicators](index=2&type=section&id=%28III%29%20Analysis%20of%20Changes%20in%20Main%20Accounting%20Data%20and%20Financial%20Indicators) This section explains over 30% changes in financial data across statements, driven by new business, lease standards, and related party borrowings [Balance Sheet Item Changes](index=2&type=section&id=Balance%20Sheet%20Item%20Changes) Significant changes in balance sheet items include a **94.31%** decrease in cash for debt repayment and inventory, increases in financing receivables and inventories, and new lease-related assets and liabilities Balance Sheet Item Changes (Changes Exceeding 30%) | Item | Period-End Balance (yuan) | Period-Beginning Balance (yuan) | Change Rate | Explanation of Change | | :--- | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 18,126,307.98 | 318,527,939.07 | -94.31% | Time deposits matured were used to repay short-term borrowings and increase inventory | | Financing Receivables | 26,577,048.21 | 10,587,458.00 | 151.02% | Increase in bank acceptance bills received | | Prepayments | 14,984,739.01 | 28,431,122.24 | -47.29% | Decrease in prepayments to suppliers | | Other Receivables | 2,434,867.10 | 1,389,632.34 | 75.22% | Increase in lease deposits and guarantees | | Inventories | 170,641,884.08 | 87,509,946.62 | 95.00% | Company increased inventory | | Other Current Assets | 7,112,923.99 | 3,659,338.23 | 94.38% | Increase in input VAT to be deducted and prepaid expenses | | Right-of-Use Assets | 8,217,898.71 | 0.00 | - | Newly added due to adoption of new lease standards | | Intangible Assets | 357,326.55 | 515,905.20 | -30.74% | Amortization of intangible assets in current period | | Long-Term Prepaid Expenses | 1,424,948.72 | 595,428.51 | 139.31% | Increase in deferred decoration expenses | | Short-Term Borrowings | 194,974,928.79 | 355,374,943.74 | -45.14% | Repayment of short-term borrowings | | Employee Compensation Payable | 2,815,474.95 | 9,964,446.37 | -71.74% | Payment of employee compensation | | Lease Liabilities | 8,225,859.86 | 0.00 | - | Newly added due to adoption of new lease standards | | Other Comprehensive Income | 1,348,871.27 | 2,697,571.52 | -50.00% | Impact of foreign currency translation differences | [Income Statement Item Changes](index=2&type=section&id=Income%20Statement%20Item%20Changes) Operating revenue and cost of sales significantly increased due to new business; various expenses and other income rose due to expansion and R&D, while credit impairment losses and non-operating income decreased Income Statement Item Changes (Changes Exceeding 30%) | Item | Jan-Sep 2021 (yuan) | Prior Year Period (yuan) | Change Rate | Explanation of Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 2,156,790,129.76 | 59,981,290.91 | 3495.77% | New electronic component distribution business added after 2020 restructuring | | Operating Cost | 1,991,957,565.53 | 54,427,328.86 | 3559.85% | New electronic component distribution business added after 2020 restructuring | | Taxes and Surcharges | 2,154,118.88 | 478,064.31 | 350.59% | Increase in operating revenue led to corresponding increase in surtaxes | | Selling Expenses | 36,139,820.57 | 964,368.87 | 3647.51% | New electronic component distribution business added after 2020 restructuring | | Administrative Expenses | 30,144,268.97 | 13,394,941.74 | 125.04% | Increase in headcount led to higher personnel expenses and intermediary fees | | R&D Expenses | 11,267,544.55 | 2,727,408.04 | 313.12% | Increase in company's R&D investment | | Financial Expenses | 7,746,970.23 | -4,296,323.25 | 280.32% | Impact of related party borrowing interest and exchange differences | | Asset Impairment Losses | -122,774.29 | -9,704.28 | -1165.16% | Increase in provision for asset impairment losses | | Credit Impairment Losses | -32,693.60 | 3,910,284.32 | -100.84% | Decrease in bad debt provision reversals compared to prior period | | Other Income | 919,813.89 | 97,975.82 | 838.82% | Increase in government subsidies related to ordinary operating activities | | Non-Operating Income | 9,904.66 | 332,276.75 | -97.02% | Decrease in non-operating income | | Non-Operating Expenses | 215,617.96 | - | - | Increase in non-operating expenses | | Income Tax Expense | 23,629,656.47 | 1,641,745.90 | 1339.30% | Due to profitability of target company after company restructuring | [Cash Flow Statement Item Changes](index=3&type=section&id=Cash%20Flow%20Statement%20Item%20Changes) Operating cash flow decreased by **32.08%** due to payment terms; investing cash flow increased by **75.81%** from reduced acquisition payments; financing cash flow decreased by **69.20%** from fewer related party borrowings Cash Flow Statement Item Changes (Changes Exceeding 30%) | Item | Jan-Sep 2021 (yuan) | Prior Year Period (yuan) | Change Rate | Explanation of Change | | :--- | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -129,064,063.85 | -97,716,807.39 | -32.08% | Payment terms for electronic component suppliers differ from customer collections | | Net Cash Flow from Investing Activities | -74,047,837.17 | -306,095,644.49 | 75.81% | Decrease in payments for acquiring 51% equity in Huaxinke and World Style in current period | | Net Cash Flow from Financing Activities | 133,044,409.52 | 431,905,641.17 | -69.20% | Decrease in related party borrowings obtained in current reporting period compared to prior period | | Effect of Exchange Rate Changes on Cash and Cash Equivalents | -1,173,283.43 | -41,021.12 | -2760.19% | Decrease in exchange gains/losses due to exchange rate changes in current period | [Shareholder Information](index=3&type=section&id=II.%20Shareholder%20Information) This section details the total common shareholders, top ten shareholders' holdings, and preferred share status [Total Number of Common Shareholders and Top Ten Shareholders' Holdings](index=3&type=section&id=%28I%29%20Total%20Number%20of%20Common%20Shareholders%20and%20Top%20Ten%20Shareholders%27%20Holdings) The company had **66,666** common shareholders; Zhejiang Shunyuan Enterprise Management Co., Ltd. was the largest at **15.19%** among the top ten, with some shares restricted, frozen, or pledged - Total number of common shareholders at the end of the reporting period: **66,666**[11](index=11&type=chunk) Top 10 Shareholders' Holdings | Shareholder Name | Shareholder Type | Shareholding Percentage | Number of Shares Held (shares) | Number of Restricted Shares Held (shares) | Pledge, Mark, or Freeze Status | | :--- | :--- | :--- | :--- | :--- | :--- | | Zhejiang Shunyuan Enterprise Management Co., Ltd. | Domestic Non-State-Owned Legal Person | 15.19% | 124,022,984 | 94,520,248 | None | | Orient Securities Co., Ltd. | State-Owned Legal Person | 8.45% | 69,000,000 | 69,000,000 | None | | Huarong Securities Co., Ltd. | State-Owned Legal Person | 4.56% | 37,259,600 | 37,259,600 | None | | Jingzhou Gucheng State-Owned Investment Co., Ltd. | State-Owned Legal Person | 1.50% | 12,230,400 | 0 | None | | Shandong Magrui New Material Technology Co., Ltd. | Domestic Non-State-Owned Legal Person | 1.23% | 10,035,516 | 0 | None | | Zhang Bing | Domestic Natural Person | 0.95% | 7,777,576 | 7,777,576 | None | | Shanghai Ingenic Semiconductor Co., Ltd. | Domestic Non-State-Owned Legal Person | 0.73% | 6,000,400 | 6,000,400 | Frozen 6,000,400 shares, Pledged 6,000,000 shares | | Yang Haihua | Domestic Natural Person | 0.57% | 4,650,000 | 0 | None | | Chen Senyuan | Domestic Natural Person | 0.55% | 4,465,600 | 0 | None | | Zhao Weiyao | Domestic Natural Person | 0.43% | 3,517,300 | 0 | None | - Zhejiang Shunyuan Enterprise Management Co., Ltd. has no related party relationship with other shareholders and is not a party acting in concert as defined by the 'Measures for the Administration of the Takeover of Listed Companies'[12](index=12&type=chunk) - As of the end of the reporting period, shareholder Liu Shufang held **3,000,000** shares of the company through Dongxing Securities Co., Ltd.'s client credit trading margin securities account, accounting for **0.37%** of the company's total share capital[12](index=12&type=chunk) [Preferred Shareholder Information](index=4&type=section&id=%28II%29%20Total%20Number%20of%20Preferred%20Shareholders%20and%20Top%2010%20Preferred%20Shareholders%27%20Holdings) The company has no preferred shareholders - The company has no preferred shareholders[13](index=13&type=chunk) [Other Significant Matters](index=4&type=section&id=III.%20Other%20Significant%20Matters) This section covers the company's relisting application, asset acquisition and fundraising plan, and a subsidiary's capital increase [Work Related to Relisting](index=4&type=section&id=1.%20Work%20Related%20to%20Relisting) The company's stock relisting application was accepted by SZSE on May 10, 2021; the company is cooperating with verification and preparing supplementary materials - The company submitted its application for stock relisting to the Shenzhen Stock Exchange on May 10, 2021, which was accepted[13](index=13&type=chunk) - The SZSE has commissioned relevant institutions to verify matters related to the company's stock relisting[13](index=13&type=chunk) - The company is currently preparing relevant response materials with various intermediaries as required by the SZSE and actively cooperating with relevant institutions on the relisting verification work[13](index=13&type=chunk) [Issuance of Shares to Acquire Assets and Raise Supporting Funds, and Related Party Transactions](index=4&type=section&id=2.%20Issuance%20of%20Shares%20to%20Acquire%20Assets%20and%20Raise%20Supporting%20Funds%2C%20and%20Related%20Party%20Transactions) The board approved the plan for issuing shares to acquire assets and raise funds, including related party transactions; SZSE issued an inquiry, which the company is addressing - On April 26, 2021, the company convened its board of directors and supervisory board meetings, which approved the plan for issuing shares to acquire assets, raise supporting funds, and engage in related party transactions[14](index=14&type=chunk) - On May 13, 2021, the company received a restructuring inquiry letter from the SZSE, and is actively organizing relevant parties to address each question and requirement raised in the inquiry letter[14](index=14&type=chunk) [Subsidiary Capital Increase](index=4&type=section&id=3.%20Subsidiary%20Capital%20Increase) Shenzhen Huaxinke Technology Co., Ltd. increased its wholly-owned subsidiary Shaoxing Huaxinke's capital by **30 million yuan**, raising registered capital from **10 million yuan** to **40 million yuan**, with registration completed - The company's controlling subsidiary, Shenzhen Huaxinke Technology Co., Ltd., increased the capital of its wholly-owned subsidiary, Shaoxing Huaxinke Technology Co., Ltd., by **30 million yuan** using its own funds[16](index=16&type=chunk) - Upon completion of this capital increase, Shaoxing Huaxinke's registered capital will increase from **10 million yuan** to **40 million yuan**, with Shenzhen Huaxinke Technology Co., Ltd. retaining **100%** ownership of Shaoxing Huaxinke[16](index=16&type=chunk) - On September 10, 2021, Shaoxing Huaxinke completed its industrial and commercial change registration procedures and obtained a 'Business License' issued by the Shangyu District Market Supervision Administration of Shaoxing City[16](index=16&type=chunk) [Quarterly Financial Statements](index=5&type=section&id=IV.%20Quarterly%20Financial%20Statements) This section presents the consolidated balance sheet, income statement, cash flow statement, financial statement adjustments, and audit status [Consolidated Balance Sheet](index=5&type=section&id=1.%20Consolidated%20Balance%20Sheet) As of September 30, 2021, total assets were **1.382 billion yuan** (down **5.91%**); total liabilities were **1.159 billion yuan**, and total owner's equity **222 million yuan** Key Data from Consolidated Balance Sheet | Item | September 30, 2021 (yuan) | December 31, 2020 (yuan) | | :--- | :--- | :--- | | Total Assets | 1,381,636,603.86 | 1,468,419,837.16 | | Total Current Assets | 910,724,426.98 | 1,006,981,236.59 | | Total Non-Current Assets | 470,912,176.88 | 461,438,600.57 | | Total Liabilities | 1,159,250,194.99 | 1,299,210,868.70 | | Total Current Liabilities | 1,146,083,316.86 | 1,292,236,903.57 | | Total Non-Current Liabilities | 13,166,878.13 | 6,973,965.13 | | Total Owner's Equity | 222,386,408.87 | 169,208,968.46 | | Total Equity Attributable to Parent Company Owners | 30,059,837.00 | 15,769,789.16 | [Consolidated Income Statement from Year-Beginning to End of Reporting Period](index=7&type=section&id=2.%20Consolidated%20Income%20Statement%20from%20Year-Beginning%20to%20End%20of%20Reporting%20Period) Year-to-date, total operating revenue reached **2.157 billion yuan**, with net profit of **51.5625 million yuan** and **11.1831 million yuan** attributable to parent owners, a significant improvement from prior year's loss Key Data from Consolidated Income Statement (Year-to-Date) | Item | Amount for Current Period (yuan) | Amount for Prior Period (yuan) | | :--- | :--- | :--- | | Total Operating Revenue | 2,156,790,129.76 | 59,981,290.91 | | Total Operating Cost | 2,079,410,288.73 | 67,695,788.57 | | Operating Profit | 75,397,830.88 | -3,715,941.80 | | Total Profit | 75,192,117.58 | -3,383,665.05 | | Net Profit | 51,562,461.11 | -5,025,410.95 | | Net Profit Attributable to Parent Company Owners | 11,183,140.91 | -9,014,506.82 | | Minority Interest Income/Loss | 40,379,320.20 | 3,989,095.87 | | Total Comprehensive Income | 48,704,016.29 | -4,473,958.40 | | Basic Earnings Per Share | 0.0137 | -0.0110 | | Diluted Earnings Per Share | 0.0137 | -0.0110 | [Consolidated Cash Flow Statement from Year-Beginning to End of Reporting Period](index=9&type=section&id=3.%20Consolidated%20Cash%20Flow%20Statement%20from%20Year-Beginning%20to%20End%20of%20Reporting%20Period) Year-to-date, operating cash flow was **-129.06 million yuan**, investing cash flow **-74.0478 million yuan**, and financing cash flow **133.0444 million yuan**, leading to a net decrease in cash and cash equivalents Key Data from Consolidated Cash Flow Statement (Year-to-Date) | Item | Amount for Current Period (yuan) | Amount for Prior Period (yuan) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -129,064,063.85 | -97,716,807.39 | | Net Cash Flow from Investing Activities | -74,047,837.17 | -306,095,644.49 | | Net Cash Flow from Financing Activities | 133,044,409.52 | 431,905,641.17 | | Effect of Exchange Rate Changes on Cash and Cash Equivalents | -1,173,283.43 | -41,021.12 | | Net Increase in Cash and Cash Equivalents | -71,240,774.93 | 28,052,168.17 | | Cash and Cash Equivalents at Period-End | 18,126,307.98 | 37,028,662.16 | [Explanation of Financial Statement Adjustments](index=11&type=section&id=%28II%29%20Explanation%20of%20Financial%20Statement%20Adjustments) Effective January 1, 2021, the company adopted new lease accounting standards, adjusting opening financial statements to recognize right-of-use assets and lease liabilities [New Lease Standard Adjustments](index=11&type=section&id=New%20Lease%20Standard%20Adjustments) Initial adoption of new lease standards on January 1, 2021, led to new right-of-use assets of **9.5355 million yuan** and lease liabilities of **9.4474 million yuan**, increasing both total assets and liabilities - Effective January 1, 2021, the company first adopted new lease accounting standards, adjusting relevant items in the opening financial statements for the year of initial adoption[27](index=27&type=chunk) Impact of New Lease Standard Adjustments on Consolidated Balance Sheet | Item | December 31, 2020 (yuan) | January 01, 2021 (yuan) | Adjustment Amount (yuan) | | :--- | :--- | :--- | :--- | | Other Current Assets | 3,659,338.23 | 3,571,256.73 | -88,081.50 | | Right-of-Use Assets | 0.00 | 9,535,500.53 | 9,535,500.53 | | Total Assets | 1,468,419,837.16 | 1,477,867,256.19 | 9,447,419.03 | | Lease Liabilities | 0.00 | 9,447,419.03 | 9,447,419.03 | | Total Liabilities | 1,299,210,868.70 | 1,308,658,287.73 | 9,447,419.03 | [Audit Report](index=13&type=section&id=%28III%29%20Audit%20Report) This quarterly report is unaudited - The company's third-quarter report is unaudited[31](index=31&type=chunk)