盈方微电子股份有限公司 2015 年第一季度报告正文 证券代码：000670 证券简称：盈方微 公告编号：2015-029 盈方微电子股份有限公司 2015 年第一季度报告正文 1 盈方微电子股份有限公司 2015 年第一季度报告正文 所有董事均已出席了审议本次季报的董事会会议。 第一节 重要提示 公司法定代表人史浩樑、公司负责人陈志成、主管会计工作负责人赵海峰 及会计机构负责人(会计主管人员)张雪芳声明：保证季度报告中财务报表的真 实、准确、完整。 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。 2 盈方微电子股份有限公司 2015 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 68,512,169.75 | 36,323,930.68 | 88. ...

盈方 方微电子股份有 限公司 2014 年度报告全文 盈方微电 子股份 份有限公 公司 201 14 年度报 报告 20 015 年 4 月 1 盈方微电子股份有限公司 2014 年度报告全文 第一节重要提示、目录和释义 本公司董事会、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。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司法定代表人史浩樑、公司负责人陈志成、主管会计工作负责人赵海峰 及会计机构负责人(会计主管人员)张雪芳声明：保证年度报告中财务报表的真实、 准确、完整。 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。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介 6 | | 第三节 | 会计数据和财务指标摘要 10 | | 第四节 | 董事会报告 12 | | 第五节 | 重要事项 32 | | 第六节 | 股份变动及股东情况 ...

Part I Important Notice This section includes the company's statement on the quarterly report's authenticity and the responsibilities of its management [1.1 Report Authenticity Statement](index=2&type=section&id=1.1%20报告真实性声明) The board of directors, supervisory board, and senior management affirm the quarterly report's truthfulness and completeness, with all directors attending the review - The company's board of directors, supervisory board, directors, supervisors, and senior management guarantee the quarterly report's truthfulness, accuracy, and completeness, assuming individual and joint legal responsibility[4](index=4&type=chunk) - All directors attended the board meeting to review this quarterly report[4](index=4&type=chunk) - The company's legal representative Shi Haoliang, person in charge Chen Zhicheng, head of accounting Zhao Haifeng, and head of accounting department Zhang Xuefang declare the financial statements in the quarterly report are true, accurate, and complete[4](index=4&type=chunk) Part II Key Financial Data and Shareholder Changes This section details the company's adjusted financial performance, including significant asset and net profit changes, alongside an overview of shareholder structure and top holdings [2.1 Key Accounting Data and Financial Indicators](index=3&type=section&id=2.1%20主要会计数据和财务指标) The company retrospectively adjusted prior-year data due to accounting policy changes, showing significant growth in total assets and net assets, but a substantial decline in revenue and net profit, while operating cash flow increased significantly - The company retrospectively adjusted or restated prior-year accounting data due to changes in accounting policies and correction of accounting errors[7](index=7&type=chunk) Key Accounting Data and Financial Indicators (Adjusted) | Indicator | End of Reporting Period (RMB) | End of Prior Year (Adjusted, RMB) | Change from Prior Year End (%) | Year-to-Date (RMB) | Year-to-Date Change from Prior Period (%) | | :--- | :--- | :--- | :--- | :--- | :--- | | Total Assets | 724,495,746.47 | 189,127,757.79 | **283.07%** | - | - | | Net Assets attributable to shareholders | 471,257,872.16 | 112,210,769.69 | **319.98%** | - | - | | Operating Revenue | 21,250,063.77 (Current Period) | - | **24.23%** (Current Period vs. Prior Period) | 85,619,040.36 | **-28.75%** | | Net Profit attributable to shareholders | -14,368,034.33 (Current Period) | - | **94.88%** (Current Period vs. Prior Period) | -13,654,061.31 | **-303.88%** | | Net Cash Flow from Operating Activities | -- | -- | -- | -28,098,456.57 | **342.71%** | | Basic Earnings Per Share | -0.0176 (Current Period) | - | **-58.27%** (Current Period vs. Prior Period) | -0.0351 | **-191.64%** | | Weighted Average ROE | -13.67% (Current Period) | - | **-6.59%** (Current Period vs. Prior Period) | -12.93% | **-19.36%** | Non-Recurring Gains and Losses (Year-to-Date) | Item | Year-to-Date Amount (RMB) | | :--- | :--- | | Government subsidies included in current profit/loss | 4,432,362.16 | | Other non-operating income and expenses | 46,543.90 | | Less: Income tax impact | 559,927.74 | | Minority interest impact (after tax) | 3,245.27 | | Total | 3,915,733.05 | [2.2 Total Number of Shareholders and Top Ten Shareholders' Holdings at Period End](index=4&type=section&id=2.2%20报告期末股东总数及前十名股东持股情况表) As of the period end, the company had **47,632** common shareholders, with Shanghai Ingenic Semiconductor Co., Ltd. holding the largest stake at **25.92%**, primarily restricted and pledged shares - The total number of common shareholders at the end of the reporting period was **47,632**[12](index=12&type=chunk) Top 10 Common Shareholders' Holdings | Shareholder Name | Shareholder Type | Holding Percentage (%) | Number of Shares Held | Number of Restricted Shares Held | Pledge or Freeze Status (Shares/Quantity) | | :--- | :--- | :--- | :--- | :--- | :--- | | Shanghai Ingenic Semiconductor Technology Co., Ltd. | Domestic Non-State-owned Legal Person | **25.92%** | 211,692,576 | 211,692,576 | Pledged / 113,000,000 | | Shanghai Shun Yuan Enterprise Investment Development Co., Ltd. | Domestic Non-State-owned Legal Person | **10.41%** | 85,027,984 | 85,027,984 | Pledged / 40,000,000 | | Jinma Holdings Group Co., Ltd. | Domestic Non-State-owned Legal Person | **3.76%** | 30,720,000 | 30,720,000 | Pledged / 30,720,000 | | Jingzhou State-owned Assets Supervision and Administration Commission | State-owned Legal Person | **2.97%** | 24,230,400 | 24,230,400 | - | | Liang Weimin | Domestic Natural Person | **0.41%** | 3,343,900 | - | - | | Deng Guoqiang | Domestic Natural Person | **0.33%** | 2,687,321 | - | - | | Yang Ling | Domestic Natural Person | **0.31%** | 2,507,828 | - | - | | Li Yong | Domestic Natural Person | **0.27%** | 2,182,295 | - | - | | Guo Biao | Domestic Natural Person | **0.27%** | 2,168,300 | - | - | | Industrial and Commercial Bank of China - China Merchants Core Value Mixed Securities Investment Fund | Securities Investment Fund | **0.25%** | 2,039,519 | - | - | - Controlling shareholder Shanghai Ingenic Semiconductor Technology Co., Ltd. has no related-party transactions with other shareholders and is not considered a party acting in concert under relevant regulations[13](index=13&type=chunk) - At the end of the reporting period, shareholders Liang Weimin, Yang Ling, Li Yong, and Guo Biao held some company shares through client credit trading margin accounts[13](index=13&type=chunk) Part III Significant Matters This section covers major accounting changes, the impact of significant arbitration, ongoing shareholder commitments, and investor communication activities [3.1 Changes and Reasons for Major Accounting Statement Items and Financial Indicators in the Reporting Period](index=6&type=section&id=3.1%20报告期主要会计报表项目、财务指标发生变动的情况及原因) Significant changes occurred in the balance sheet and income statement, driven by factors such as equity split reform, increased prepayments, and market-driven shifts in revenue and expenses Balance Sheet Item Changes and Reasons | Statement Item | Change (%) | Reason for Change | | :--- | :--- | :--- | | Cash and Cash Equivalents | **709.61%** | Received **RMB 200 million** cash gift from equity split reform | | Prepayments | **2645.88%** | Increased prepayments for Shanghai Zhengtong engineering, and chip payments to Huaheng (Asia), Gogopc, ZEALTEK | | Other Receivables | **795.21%** | Taiwan subsidiary setup costs and land purchase payment for Shangyu Lianyiyizhiye | | Inventories | **669.21%** | Land purchase payment for Shangyu Lianyiyizhiye | | Fixed Assets | **201.46%** | Increase in electronic equipment | | Intangible Assets | **37.68%** | Capitalization of development expenditures into intangible assets | | Development Expenditures | **-80.81%** | Capitalization of development expenditures into intangible assets | | Short-term Borrowings | **-100.00%** | Settled bank loans | | Accounts Payable | **-34.59%** | Paid GUC goods and service fees | | Advances from Customers | **126290.09%** | Received advance payment for Haixin goods | | Taxes Payable | **1158.89%** | Accrued land value-added tax for the current period | | Interest Payable | **-100.00%** | Settled bank loan interest | | Other Payables | **92766.50%** | Shangyu land payment and deposit for Chenguang Rare Earth | | Paid-in Capital (or Share Capital) | **2622.36%** | Equity split reform | | Capital Reserve | **-2871.80%** | Equity split reform | | Minority Interests | **395907.61%** | Equity split reform | Income Statement Item Changes and Reasons | Statement Item | Change (%) | Reason for Change | | :--- | :--- | :--- | | Operating Costs | **-33.52%** | Product sales decreased due to market changes | | Operating Taxes and Surcharges | **-67.98%** | Product sales decreased due to market changes | | Selling Expenses | **37.67%** | Increased selling expenses for market expansion | | Financial Expenses | **112.67%** | Increased exchange losses due to exchange rate fluctuations | | Asset Impairment Losses | **-705.68%** | Increased provision for bad debts | | Income Tax Expense | **255.52%** | Increased profit from Hong Kong subsidiary | - Following the completion of the company's equity split reform, the related business combination constituted a reverse acquisition, thus consolidated balance sheet and income statement items for the prior year are based on the reverse acquirer's data according to relevant accounting standards[16](index=16&type=chunk) [3.2 Progress, Impact, and Solutions for Significant Matters](index=6&type=section&id=3.2%20重要事项进展情况及其影响和解决方案的分析说明) The Shanghai Second Intermediate People's Court rejected the company's application to revoke the arbitration award in the Chenguang Rare Earth asset restructuring case, incurring **RMB 4.6 million** in arbitration fees and **RMB 2.7 million** in intermediary fees - The Shanghai Second Intermediate People's Court rejected the company's and Shun Yuan Investment's application to revoke the arbitration award in the major asset restructuring case with Chenguang Rare Earth[20](index=20&type=chunk) - This ruling resulted in an increase of **RMB 4.6 million** in arbitration-related expenses and approximately **RMB 2.7 million** in restructuring intermediary fees for the company in Q1 2014, with no other impact on current or future profits[20](index=20&type=chunk) Progress of Entrusted Wealth Management | Trustee Name | Product Type | Entrusted Amount (RMB 10,000) | Start Date | End Date | Remuneration Method | Principal Recovered This Period (RMB 10,000) | Expected/Actual Gain/Loss (RMB 10,000) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Evergrowing Bank Hangzhou Xihu Branch | Bank wealth management product | **2,000** | May 27, 2014 | July 01, 2014 | Confirmed based on holding period | **2,000** | **0.30** (Expected annualized return **5.5%**) | [3.3 Commitments by the Company or Shareholders Holding 5% or More, Occurring in or Continuing into the Reporting Period](index=8&type=section&id=3.3%20公司或持股%205%25%20以上股东在报告期内发生或以前期间发生但持续到报告期内的承诺事项) The company and major shareholders have ongoing commitments, including profit guarantees of **RMB 50 million** and **RMB 125 million** for 2014 and 2015 respectively, share price floor for reductions, and pledges to ensure independent operation and avoid competition - Shanghai Ingenic Semiconductor Technology Co., Ltd. committed to audited consolidated net profits attributable to the parent company, after deducting non-recurring gains and losses, of no less than **RMB 50 million** for 2014 and **RMB 125 million** for 2015, with cash compensation and margin mechanisms[23](index=23&type=chunk) - Chen Zhicheng pledged to cover any shortfall in cash if Shanghai Ingenic Semiconductor Technology Co., Ltd. fails to pay the margin or meet performance commitments[23](index=23&type=chunk) - Shanghai Ingenic Semiconductor Technology Co., Ltd. committed not to reduce its shareholding through secondary market sales at a price below **RMB 15 per share** within **48 months** of the equity split reform completion[24](index=24&type=chunk) - Shanghai Ingenic Semiconductor Technology Co., Ltd. committed to ensuring the listed company's independent operation, avoiding horizontal competition, and regulating and reducing related-party transactions[24](index=24&type=chunk)[25](index=25&type=chunk) - Shanghai Ingenic Semiconductor Technology Co., Ltd. and Chen Zhicheng inherited the former largest shareholder's and actual controller's commitment for 2014 net profit attributable to parent company owners of no less than **RMB 15,158,258.92**[25](index=25&type=chunk) - Chen Zhicheng and Shanghai Shun Yuan Enterprise Investment Development Co., Ltd. plan to increase their company shareholdings by no less than **2 million shares** in the secondary market within **12 months** from July 15, 2014[26](index=26&type=chunk) - Former actual controller Chen Yanbiao and former largest shareholder Shanghai Shun Yuan Enterprise Investment Development Co., Ltd.'s commitments regarding real estate business funding, asset restructuring, and horizontal competition were fulfilled upon the completion of the company's equity split reform and change of actual controller on July 15, 2014[27](index=27&type=chunk)[28](index=28&type=chunk)[29](index=29&type=chunk) [3.4 Forecast of 2014 Operating Performance](index=14&type=section&id=3.4%20对2014年度经营业绩的预计) The company does not anticipate a loss or significant change in its 2014 annual cumulative net profit compared to the prior year - The company does not foresee a loss or significant change in its 2014 annual operating performance compared to the prior year[30](index=30&type=chunk) [3.5 Securities Investment Status](index=14&type=section&id=3.5%20证券投资情况) The company did not engage in any securities investments during the reporting period - The company had no securities investments during the reporting period[30](index=30&type=chunk) [3.6 Derivative Investment Status](index=14&type=section&id=3.6%20衍生品投资情况) The company did not engage in any derivative investments during the reporting period - The company had no derivative investments during the reporting period[31](index=31&type=chunk) [3.7 Registration Form for Research, Communication, and Interview Activities During the Reporting Period](index=14&type=section&id=3.7%20报告期内接待调研、沟通、采访等活动登记表) From July 1 to September 30, 2014, the company's securities department communicated with small and medium investors via phone regarding operations, arbitration, and equity split reform progress Registration Form for Research, Communication, and Interview Activities During the Reporting Period | Reception Date | Reception Location | Reception Method | Type of Recipient | Recipient | Summary of Research | | :--- | :--- | :--- | :--- | :--- | :--- | | July 01, 2014 to September 30, 2014 | Company Securities Department | Phone communication | Individual | Small and medium investors | Inquired about the company's production and operation, arbitration, and progress of equity split reform |

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=Item%201.%20Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) [Important Notice](index=2&type=section&id=Important%20Notice) The company's board, supervisory board, and senior management guarantee the report's truthfulness and completeness, while the company plans no profit distribution for the period - Board, supervisory board, and senior management ensure report truthfulness, accuracy, and completeness, bearing legal responsibility[3](index=3&type=chunk) - 2014 semi-annual profit distribution plan includes no cash dividends, no bonus shares, and no capitalization from capital reserves[5](index=5&type=chunk) [Definitions](index=4&type=section&id=Definitions) This section defines key terms, company abbreviations, and identifies the controlling shareholder and actual controller - Company name is Infotmic Microelectronics Co., Ltd., formerly known as Shunyuan Industrial Development Co., Ltd[10](index=10&type=chunk) - The company's actual controller is Chen Zhicheng, and the controlling shareholder is Shanghai Infotmic Microelectronics Technology Co., Ltd[10](index=10&type=chunk) [Company Profile](index=5&type=section&id=Item%202.%20Company%20Profile) [Company Basic Information and Changes](index=5&type=section&id=Company%20Basic%20Information) This section details the company's basic information and significant changes, including a shift in business scope from real estate to integrated circuit chip R&D, design, and sales - Company stock abbreviation is “Infotmic”, stock code “000670”, listed on the Shenzhen Stock Exchange[13](index=13&type=chunk) - During the reporting period, the company's business scope significantly changed from real estate-related businesses to integrated circuit chip R&D, design, sales, and related technical services[19](index=19&type=chunk) [Summary of Accounting Data and Financial Indicators](index=7&type=section&id=Item%203.%20Summary%20of%20Accounting%20Data%20and%20Financial%20Indicators) [Key Accounting Data and Financial Indicators](index=7&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) In the first half of 2014, operating revenue and net profit significantly declined, but total assets and net assets sharply expanded due to the reverse acquisition of Shanghai Infotmic Microelectronics, impacting financial data comparison 2014 Semi-Annual Key Financial Indicators | Indicator | Current Period | Prior Year (Adjusted) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue (Yuan) | 64,368,976.59 | 103,063,024.78 | -37.54% | | Net Profit Attributable to Shareholders of Listed Company (Yuan) | 713,973.02 | 14,069,741.72 | -94.93% | | Net Cash Flow from Operating Activities (Yuan) | 614,343.84 | -10,318,184.83 | -105.95% | | Basic Earnings Per Share (Yuan/share) | 0.0041 | 0.0805 | -94.91% | | Total Assets (Yuan) | 738,578,743.98 | 189,127,757.79 | 290.52% | | Net Assets Attributable to Shareholders of Listed Company (Yuan) | 486,333,568.28 | 112,210,769.69 | 333.41% | - During the reporting period, the company completed the acquisition of Shanghai Infotmic Microelectronics Co., Ltd. through a share reform, constituting an accounting reverse acquisition, leading to a significant increase in total assets and net assets as consolidated statements were prepared with Shanghai Infotmic Microelectronics as the acquirer[21](index=21&type=chunk)[22](index=22&type=chunk) [Non-recurring Gains and Losses and Amounts](index=8&type=section&id=Non-recurring%20Gains%20and%20Losses%20and%20Amounts) During the reporting period, the company's non-recurring gains and losses totaled **2.9186 million yuan**, primarily from government subsidies 2014 Semi-Annual Non-recurring Gains and Losses | Item | Amount (Yuan) | | :--- | :--- | | Government subsidies included in current profit/loss | 3,271,081.97 | | Other non-operating income and expenses | 64,803.99 | | Less: Income tax impact | 416,944.05 | | Less: Impact on minority interests (after tax) | 333.59 | | **Total** | **2,918,608.32** | [Board of Directors' Report](index=9&type=section&id=Item%204.%20Board%20of%20Directors%27%20Report) [Overview](index=9&type=section&id=Overview) In the first half of 2014, the chip design industry benefited from global prosperity and national policy, presenting opportunities despite challenges like high capital investment and rapid product updates - The chip design industry experienced favorable market development opportunities in the first half of 2014, supported by the global semiconductor industry's high prosperity and national policies like the "National Integrated Circuit Industry Development Promotion Outline"[28](index=28&type=chunk) - Key challenges for the company include substantial capital investment, rapid product iteration, and the need for enhanced continuous innovation capabilities[29](index=29&type=chunk) [Main Business Analysis](index=9&type=section&id=Main%20Business%20Analysis) In the first half of 2014, revenue and net profit declined due to existing product sales decrease and new products not yet launched, while the main business shifted to SoC chip design, focusing on smart home and Beidou industrialization markets Year-on-Year Changes in Key Financial Data | Indicator | Current Period (Yuan) | Prior Year (Yuan) | YoY Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 64,368,976.59 | 103,063,024.78 | -37.54% | Decline in original product sales, new products not yet launched | | Operating Cost | 37,138,379.71 | 60,895,714.72 | -39.01% | Same as above | | Financial Expenses | 747,004.39 | -207,182.47 | -460.55% | Increased exchange losses due to exchange rate fluctuations | | R&D Investment | 38,926,693.61 | 25,030,919.04 | 55.51% | Accelerated progress of research projects | | Net Cash Flow from Investing Activities | 218,300,890.91 | -16,858,272.14 | -1,394.92% | Cash received from merged company due to reverse acquisition | - The company's business has transformed into SoC chip design, with a focus on smart home (OTT set-top box) and Beidou industrialization markets[34](index=34&type=chunk)[35](index=35&type=chunk) - The company collaborated with Alibaba Cloud and Jiashi Interactive in the OTT set-top box sector, with related products expected to be mass-produced in the second half of the year; new products like W10 wearable chips, Q3 image chips, and IMAPX780 64-bit processors are progressing smoothly[35](index=35&type=chunk)[36](index=36&type=chunk) [Main Business Composition](index=10&type=section&id=Main%20Business%20Composition) The company's main business is in computer, communication, and electronic equipment manufacturing, with chip and software sales as the primary revenue source, technical services as a new growth area, and Hong Kong contributing most revenue Main Business Composition (First Half of 2014) | Category | Operating Revenue (Yuan) | Operating Cost (Yuan) | Gross Margin | YoY Revenue Change | | :--- | :--- | :--- | :--- | :--- | | **By Product** | | | | | | Chips and Software | 54,840,674.70 | 37,138,379.71 | 32.28% | -46.79% | | Technical Service Income | 9,528,301.89 | 0.00 | 100.00% | N/A | | **By Region** | | | | | | Mainland China | 9,533,337.36 | 3,291.17 | 99.97% | -80.21% | | Hong Kong | 54,835,639.23 | 37,135,088.54 | 32.28% | -0.10% | [Analysis of Core Competencies](index=11&type=section&id=Analysis%20of%20Core%20Competencies) The company's core competencies include leading IC design technology, deep market understanding, strong industry chain collaboration, a stable talent team, and optimized chip design processes - Technological Advantage: The company possesses multiple core technologies in chip design, enabling it to provide high-performance, diversified solutions to customers[40](index=40&type=chunk) - Industry Chain Synergy: Established close cooperative relationships with ARM, Synopsys, and world-class wafer foundries[40](index=40&type=chunk) - Talent Advantage: Built a scientific management and incentive mechanism, boasting a stable and skilled core technical team[41](index=41&type=chunk) [Investment Status Analysis](index=11&type=section&id=Investment%20Status%20Analysis) During the reporting period, the company made no significant external equity, securities, or derivative investments, but utilized **96 million yuan** of idle funds for wealth management, generating **0.784 million yuan** in income, with its Hong Kong subsidiary being the primary profit contributor Wealth Management Activities in First Half of 2014 | Trustee | Product Type | Entrusted Wealth Management Amount (Ten Thousand Yuan) | Actual Profit/Loss for the Period (Ten Thousand Yuan) | | :--- | :--- | :--- | :--- | | Evergrowing Bank | Bank wealth management product | 5,600 | 44.57 | | Shanghai International Trust | Trust product | 4,000 | 33.83 | | **Total** | -- | **9,600** | **78.4** | Operating Performance of Major Subsidiaries (First Half of 2014) | Company Name | Net Assets (Yuan) | Operating Revenue (Yuan) | Net Profit (Yuan) | | :--- | :--- | :--- | :--- | | Shanghai Infotmic Microelectronics Co., Ltd. | 71,197,064.43 | 15,925,554.93 | -3,313,341.80 | | Infotmic Microelectronics (Hong Kong) Co., Ltd. | 40,578,434.59 | 54,835,639.23 | 11,687,117.19 | [Significant Events](index=15&type=section&id=Item%205.%20Significant%20Events) [Major Litigation and Arbitration Matters](index=15&type=section&id=Major%20Litigation%20and%20Arbitration%20Matters) The company is involved in a **40 million yuan** major asset restructuring dispute arbitration case with Ganzhou Chenguang Rare Earth New Materials Co., Ltd., having received an unfavorable award but applied for its revocation, with the final impact uncertain - The company is in dispute with Chenguang Rare Earth and Huang Ping over the "Major Asset Restructuring Cooperation Intent Letter", leading to arbitration involving **40 million yuan**[58](index=58&type=chunk) - The company received the arbitration award but believes it violates legal procedures and has applied to the Shanghai No. 2 Intermediate People's Court for its revocation; as of the end of the reporting period, the court has not yet ruled, so the final impact on the company's profit cannot be determined[58](index=58&type=chunk)[59](index=59&type=chunk) [Business Combination](index=17&type=section&id=Business%20Combination) During the reporting period, the company acquired 99.99% equity of Shanghai Infotmic Microelectronics Co., Ltd. through a share reform plan, receiving a **200 million yuan** cash gift and the equity, constituting an accounting reverse acquisition - As part of the share reform, the company acquired 99.99% equity of Shanghai Infotmic Microelectronics Co., Ltd., which became a controlling subsidiary of the company[64](index=64&type=chunk) - This business combination is treated as a reverse acquisition for accounting purposes, with Shanghai Infotmic Microelectronics Co., Ltd. considered the acquirer in preparing consolidated financial statements[64](index=64&type=chunk) [Major Related Party Transactions](index=17&type=section&id=Major%20Related%20Party%20Transactions) Major related party transactions include operating leases and non-operating receivables/payables, with the company leasing office space from an affiliate and having various outstanding balances with multiple related parties - The company leases office space from related party Shunyuan Holdings Group Co., Ltd., recognizing **0.3982 million yuan** in lease expenses during the reporting period[67](index=67&type=chunk) Major Non-Operating Related Party Receivables and Payables at Period End | Related Party | Relationship | Type | Period-End Balance (Ten Thousand Yuan) | | :--- | :--- | :--- | :--- | | Runtu Holdings Group Co., Ltd. | Subsidiary Shareholder | Accounts Payable | 5,600 | | Zhejiang Jinsheng Packaging Co., Ltd. | Subsidiary Shareholder | Accounts Payable | 4,000 | [Major Contracts and Their Performance](index=19&type=section&id=Major%20Contracts%20and%20Their%20Performance) During the reporting period, the company had a related party lease contract for office space, and an affiliate provided joint liability guarantees for its subsidiary's cooperation agreements with technology suppliers - The company leases property from related party Shunyuan Holdings Group Co., Ltd. for office space, with the lease term from March 2014 to February 2015[77](index=77&type=chunk) - Related party ShuoYing Digital Technology (China) Co., Ltd. provided joint liability guarantees for payment obligations under multiple procurement and framework agreements between subsidiary Infotmic Co., Ltd. and companies such as ARM, ON2, Global Unichip Corp., and Synopsys[81](index=81&type=chunk) [Commitments](index=21&type=section&id=Commitments) New controlling shareholder Shanghai Infotmic Microelectronics Technology Co., Ltd. and its controlling shareholder Chen Zhicheng made key performance commitments for 2014 and 2015, backed by cash compensation, along with share lock-up, minimum selling price, and other pledges - New controlling shareholder commits that the company's 2014 non-recurring net profit will be no less than **50 million yuan**, and 2015 no less than **125 million yuan**, with cash compensation if not met[84](index=84&type=chunk) - To secure the performance commitment, the controlling shareholder pledged to deposit **15 million yuan** and **37.5 million yuan** as guarantees in 2014 and 2015 respectively[84](index=84&type=chunk) - The controlling shareholder committed that the price for reducing company shares through secondary market transactions will not be less than **15 yuan/share** (adjusted for ex-rights/ex-dividends) within 48 months after the share reform is completed[85](index=85&type=chunk) [Share Changes and Shareholder Information](index=29&type=section&id=Item%206.%20Share%20Changes%20and%20Shareholder%20Information) [Share Changes](index=29&type=section&id=Share%20Changes) As of June 30, 2014, total share capital was **272.21 million shares**, unchanged; however, post-period, it increased to **816.63 million shares** on July 15, 2014, due to share reform capitalization - As of the end of the reporting period, the company's total share capital was **272,209,120 shares**, with restricted shares accounting for **43.18%** and unrestricted shares for **56.82%**[100](index=100&type=chunk) - After the reporting period, the company completed its share reform plan on July 15, 2014, increasing its total share capital from **272 million shares** to **817 million shares**[99](index=99&type=chunk) [Shareholder Numbers and Shareholding](index=29&type=section&id=Shareholder%20Numbers%20and%20Shareholding) As of the reporting period end, the company had **20,144** common shareholders, with Shanghai Shunyuan Enterprise Investment Development Co., Ltd., Jinma Holdings Group Co., Ltd., and Jingzhou State-owned Assets Supervision and Administration Commission as the top three - At the end of the reporting period, the company had a total of **20,144** common shareholders[101](index=101&type=chunk) Top Three Shareholders' Shareholding (As of June 30, 2014) | Shareholder Name | Shareholder Nature | Shareholding Ratio | Number of Shares Held | | :--- | :--- | :--- | :--- | | Shanghai Shunyuan Enterprise Investment Development Co., Ltd. | Domestic Non-State-owned Legal Person | 25.95% | 70,648,320 | | Jinma Holdings Group Co., Ltd. | Domestic Non-State-owned Legal Person | 9.40% | 25,600,000 | | Jingzhou State-owned Assets Supervision and Administration Commission | State-owned Legal Person | 7.42% | 20,192,000 | [Changes in Controlling Shareholder or Actual Controller](index=31&type=section&id=Changes%20in%20Controlling%20Shareholder%20or%20Actual%20Controller) During the reporting period, controlling shareholder and actual controller remained unchanged; however, post-period, control shifted with Shanghai Infotmic Microelectronics Technology Co., Ltd. becoming the largest shareholder and Chen Zhicheng the actual controller - No changes in controlling shareholder and actual controller during the reporting period[103](index=103&type=chunk) - After the reporting period, on July 15, 2014, upon completion of the share reform plan, Shanghai Infotmic Microelectronics Technology Co., Ltd. held **25.92%** of the company's shares, becoming the largest shareholder, and Chen Zhicheng became the actual controller[104](index=104&type=chunk) [Preferred Shares Related Information](index=33&type=section&id=Item%207.%20Preferred%20Shares%20Related%20Information) [Preferred Shares Information](index=33&type=section&id=Preferred%20Shares%20Information) During the reporting period, the company had no issuance, listing, repurchase, or conversion of preferred shares - The company had no preferred share related matters during the reporting period[109](index=109&type=chunk) [Directors, Supervisors, Senior Management Information](index=34&type=section&id=Item%208.%20Directors%2C%20Supervisors%2C%20Senior%20Management%20Information) [Senior Management Changes](index=34&type=section&id=Senior%20Management%20Changes) No changes in director, supervisor, or senior management shareholdings occurred during the reporting period; however, post-period, the senior management team was adjusted with new appointments for General Manager and CFO Senior Management Changes (August 26, 2014) | Name | Position Held | Type | Reason | | :--- | :--- | :--- | :--- | | Shi Haoliang | General Manager | Resigned | Resigned due to personal work reasons | | Wang Guojun | Deputy General Manager, CFO | Resigned | Resigned due to personal work reasons | | Chen Zhicheng | General Manager | Appointed | Appointed by the Board of Directors | | Zhao Haifeng | CFO | Appointed | Appointed by the Board of Directors | [Financial Report](index=35&type=section&id=Item%209.%20Financial%20Report) [Audit Opinion](index=35&type=section&id=Audit%20Opinion) The company's 2014 semi-annual financial report is unaudited - This semi-annual financial report is unaudited[114](index=114&type=chunk) [Financial Statements](index=35&type=section&id=Financial%20Statements) This section presents the company's consolidated and parent company financial statements for the first half of 2014, reflecting significant asset expansion in consolidated statements due to reverse acquisition accounting, with Shanghai Infotmic Microelectronics as the accounting entity [Consolidated Balance Sheet](index=35&type=section&id=Consolidated%20Balance%20Sheet) As of June 30, 2014, total assets were **738.58 million yuan**, up **290.52%** from **189.13 million yuan**, and net assets attributable to the parent company were **486.33 million yuan**, up **333.41%** from **112.21 million yuan**, primarily due to share reform gifts and reverse acquisition accounting Key Items from Consolidated Balance Sheet (June 30, 2014) | Item | Period-End Balance (Yuan) | Period-Beginning Balance (Yuan) | | :--- | :--- | :--- | | Cash and Bank Balances | 232,910,197.16 | 24,228,445.75 | | Inventories | 248,731,859.31 | 32,411,476.08 | | **Total Assets** | **738,578,743.98** | **189,127,757.79** | | Other Payables | 114,492,690.66 | 158,970.74 | | **Total Liabilities** | **206,795,710.96** | **76,905,765.90** | | Equity Attributable to Parent Company Owners | 486,333,568.28 | 112,210,769.69 | | **Total Owners' Equity** | **531,783,033.02** | **112,221,991.89** | [Consolidated Income Statement](index=40&type=section&id=Consolidated%20Income%20Statement) In the first half of 2014, operating revenue was **64.37 million yuan**, down **37.54%** year-on-year, and net profit attributable to parent company owners was **0.714 million yuan**, down **94.93%**, mainly due to reduced sales during product iteration Key Items from Consolidated Income Statement (January-June 2014) | Item | Current Period Amount (Yuan) | Prior Period Amount (Yuan) | | :--- | :--- | :--- | | Total Operating Revenue | 64,368,976.59 | 103,063,024.78 | | Total Operating Costs | 65,817,761.53 | 89,045,458.92 | | Operating Profit | -1,448,784.94 | 14,017,565.86 | | Total Profit | 1,887,101.02 | 16,380,793.89 | | Net Profit Attributable to Parent Company Owners | 713,973.02 | 14,069,741.72 | [Consolidated Cash Flow Statement](index=42&type=section&id=Consolidated%20Cash%20Flow%20Statement) During the reporting period, net cash flow from operating activities turned positive to **0.6143 million yuan**; net cash inflow from investing activities was **218.30 million yuan** due to reverse acquisition; net cash outflow from financing activities was **9.81 million yuan**, leading to period-end cash and cash equivalents of **233 million yuan** Consolidated Cash Flow Statement Summary (January-June 2014) | Item | Current Period Amount (Yuan) | Prior Period Amount (Yuan) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 614,343.84 | -10,318,184.83 | | Net Cash Flow from Investing Activities | 218,300,890.91 | -16,858,272.14 | | Net Cash Flow from Financing Activities | -9,811,869.67 | 11,706,258.69 | | Net Increase in Cash and Cash Equivalents | 208,681,751.41 | -15,532,420.25 | [Notes to Major Items of Consolidated Financial Statements](index=73&type=section&id=Notes%20to%20Major%20Items%20of%20Consolidated%20Financial%20Statements) Notes detail financial statement item changes, including a surge in cash from a **200 million yuan** share reform gift, increased prepayments for engineering and chips, and higher inventories due to land acquisition from a subsidiary in the reverse acquisition - Cash and bank balances at period-end were **233 million yuan**, an 861.31% increase from the beginning of the year, primarily due to a **200 million yuan** cash gift received from the share reform[424](index=424&type=chunk) - Inventories at period-end were **249 million yuan**, a 667.42% increase from the beginning of the year, mainly due to land payments for Shangyu Lianyi Real Estate, a subsidiary acquired through reverse acquisition[424](index=424&type=chunk) - Other payables at period-end were **114 million yuan**, a significant increase from **0.159 million yuan** at the beginning of the year, primarily due to accrued land appreciation tax for Shangyu land and a deposit payable to Chenguang Rare Earth[424](index=424&type=chunk) [Post-Balance Sheet Events](index=103&type=section&id=Post-Balance%20Sheet%20Events) Post-balance sheet, the company underwent significant changes, including renaming to Infotmic Microelectronics Co., Ltd. with a new integrated circuit business scope, changing its stock abbreviation to 'Infotmic', and establishing a new wholly-owned subsidiary - Company name changed to “Infotmic Microelectronics Co., Ltd.”, and business scope changed to integrated circuit chip R&D, design, and sales[398](index=398&type=chunk) - Effective August 18, 2014, the company's stock abbreviation changed to “Infotmic”, while the stock code “000670” remained unchanged[399](index=399&type=chunk) - The company invested in and established a wholly-owned subsidiary, “Shanghai Hanting Electronic Technology Co., Ltd.”[397](index=397&type=chunk) [Documents Available for Inspection](index=111&type=section&id=Item%2010.%20Documents%20Available%20for%20Inspection) [Documents Available for Inspection](index=111&type=section&id=Documents%20Available%20for%20Inspection) This section lists documents available for inspection, including the semi-annual report signed by the legal representative, financial statements signed by relevant responsible persons, and originals of all publicly disclosed documents and announcements - Documents available for inspection include financial statements signed and sealed by the legal representative, company head, and accounting head, as well as all disclosed announcement documents from the reporting period[427](index=427&type=chunk)

舜元实业发展股份有限公司 2013 年度报告全文 舜元实业发展股份有限公司 2013 年度报告 2014 年 01 月 1 舜元实业发展股份有限公司 2013 年度报告全文 第一节 重要提示、目录和释义 本公司董事会、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。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人史浩樑、主管会计工作负责人王国军及会计机构负责人(会计主 管人员)蒋敏声明：保证年度报告中财务报告的真实、准确、完整。 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。 2 | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介 6 | | 第三节 | 会计数据和财务指标摘要 9 | | 第四节 | 董事会报告 10 | | 第五节 | 重要事项 21 | | 第六节 | 股份变动及股东情况 29 | | 第七节 | 董事、监事、高级管理人员和员工情况 34 | | ...

舜元实业发展股份有限公司 2014 年第一季度报告正文 证券代码：000670 证券简称：S 舜元 公告编号：2014-026 舜元实业发展股份有限公司 2014 年第一季度报告正文 1 舜元实业发展股份有限公司 2014 年第一季度报告正文 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。 公司负责人史浩樑、主管会计工作负责人王国军及会计机构负责人(会计主 管人员)蒋敏声明：保证季度报告中财务报表的真实、准确、完整。 2 舜元实业发展股份有限公司 2014 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 3 舜元实业发展股份有限公司 2014 年第一季度报告正文 二、报告期末股东总数及前十名股东持股情况表 单位：股 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- ...

舜元实业发展股份有限公司 2013 年度报告全文 舜元实业发展股份有限公司 2013 年度报告 2014 年 01 月 1 舜元实业发展股份有限公司 2013 年度报告全文 第一节 重要提示、目录和释义 本公司董事会、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。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人史浩樑、主管会计工作负责人王国军及会计机构负责人(会计主 管人员)蒋敏声明：保证年度报告中财务报告的真实、准确、完整。 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。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介 6 | | 第三节 | 会计数据和财务指标摘要 9 | | 第四节 | 董事会报告 10 | | 第五节 | 重要事项 21 | | 第六节 | 股份变动及股东情况 29 | | 第七节 | 董事、监事、高级管 ...