Financial Performance - The company's revenue for Q3 2021 was ¥1,696,238,007.34, a decrease of 11.10% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥65,059,546.03, a decline of 227.20% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was -¥61,650,297.78, down 232.80% from the previous year[2]. - The company achieved a revenue of ¥5,425,803,546.72 for the first three quarters of 2021, an increase of 9.33% year-on-year[5]. - Total operating revenue for the third quarter reached CNY 5,425,803,546.72, an increase of 9.3% compared to CNY 4,962,814,593.74 in the same period last year[17]. - The net profit for the third quarter was a loss of CNY 96,514,462.50, compared to a profit of CNY 203,573,714.55 in the previous year, indicating a significant decline[18]. - The company reported a comprehensive loss of CNY 103,875,677.11 for the quarter, contrasting with a comprehensive income of CNY 207,421,033.09 in the same period last year[19]. - Basic and diluted earnings per share were both CNY -0.0948, down from CNY 0.4650 in the previous year[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥9,237,732,412.09, a decrease of 2.52% from the end of the previous year[2]. - The total assets of Shenzhen Derun Electronics Co., Ltd. as of September 30, 2021, amounted to CNY 9,237,732,412.09, a decrease from CNY 9,476,665,361.14 at the end of 2020[12]. - Current assets decreased to CNY 5,307,390,197.79 from CNY 5,601,563,426.75, reflecting a decline of approximately 5.25%[13]. - The total liabilities of the company were CNY 6,828,021,576.49, down from CNY 6,971,198,198.66[18]. - Total liabilities amounted to ¥6,971,198,198.66, a decrease of ¥73,897,082.99 compared to the previous period[27]. - Non-current liabilities totaled ¥1,706,494,631.03, reflecting an increase of ¥75,802,879.99[27]. - Total equity decreased to CNY 2,409,710,835.60 from CNY 2,505,467,162.48 year-over-year[18]. - Total equity reached ¥2,505,467,162.48, remaining unchanged from the previous period[27]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥900,351,480.17, a decline of 239.07% compared to the previous year[2]. - Cash generated from operating activities was CNY 3,915,632,587.94, a decrease from CNY 4,974,660,381.31 year-over-year[21]. - The net cash flow from operating activities was -900,351,480.17 CNY, a significant decrease compared to 647,424,938.18 CNY in the previous year[22]. - The total cash inflow from investing activities was 11,930,380.85 CNY, down from 121,212,842.71 CNY year-over-year[22]. - The net cash flow from financing activities was 1,005,439,466.33 CNY, a turnaround from -478,080,236.38 CNY in the same period last year[23]. - The total cash and cash equivalents at the end of the period stood at 175,328,899.20 CNY, down from 232,740,225.62 CNY at the end of the previous year[23]. Expenses - The company's long-term borrowings increased by 361.24%, amounting to an increase of ¥78,997,800[7]. - The development expenses rose by 81.91%, increasing by ¥41,361,200, mainly due to ongoing investments in new energy vehicle-related R&D[6]. - The company's financial expenses increased by 55.90%, rising by ¥61,085,300, primarily due to higher interest expenses and exchange losses[7]. - Total operating costs amounted to CNY 5,535,757,043.67, up from CNY 5,005,857,732.58, reflecting a year-over-year increase of 10.6%[17]. - Financial expenses increased to CNY 170,362,418.65, compared to CNY 109,277,168.59 in the same period last year[18]. Shareholder Information - The company reported a total of 106,536,915 shares held by its largest shareholder, Shenzhen Desheng Asset Management Co., Ltd., representing 22.72% of total shares[10]. - The company has a total of 3,500,000 shares pledged by shareholder Su Jin, which is approximately 21.5% of his holdings[10]. Other Information - The company has not undergone an audit for the third quarter report[28]. - The company implemented new leasing standards starting January 1, 2021, affecting the adjustment of prior period comparative data[28]. - The company adjusted its financial statements due to the implementation of new leasing standards, affecting the balance sheet items[24].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 3,729,565,539.38, representing a 22.09% increase compared to CNY 3,054,869,202.22 in the same period last year[20]. - The net profit attributable to shareholders of the listed company decreased by 88.13% to CNY 20,336,639.08, down from CNY 171,258,059.09 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 90.29% to CNY 11,896,891.32, compared to CNY 122,510,954.00 in the same period last year[20]. - Basic earnings per share decreased by 87.96% to CNY 0.0430, down from CNY 0.3570 in the same period last year[20]. - The company achieved a consolidated revenue of CNY 3,729.57 million, representing a year-on-year increase of 22.09%[38]. - The net profit attributable to the parent company was CNY 2.03 million, a decline of 88.13% compared to the previous year[38]. - The total comprehensive income for the first half of 2021 was -¥2,920,671.71, a stark contrast to ¥179,834,358.85 in the first half of 2020[149]. - The company reported a significant decrease in the financial support provided to Huayin Circuit, reducing the guarantee amount to RMB 25 million as of the report date[115]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -608,765,290.81, a decline of 194.45% from CNY 644,539,099.10 in the previous year[20]. - The company's cash flow from operating activities was negative at CNY -608.77 million, a significant decline of 194.45% year-on-year[40]. - The total cash inflow from operating activities decreased to 2,852,340,526.09 CNY, down 25.2% from 3,814,632,779.31 CNY in the first half of 2020[154]. - The company reported a net cash outflow from investing activities of -140,473,636.45 CNY, an improvement compared to -273,164,449.28 CNY in the previous year[156]. - Cash inflow from financing activities was 760,919,445.53 CNY, a turnaround from a net outflow of -481,700,809.91 CNY in the first half of 2020[156]. - The total cash and cash equivalents at the end of the period increased to 297,697,839.48 CNY, compared to 356,446,668.74 CNY at the end of the previous year[156]. - The company's total assets at the end of the reporting period were CNY 9,382,571,183.78, a decrease of 0.99% from CNY 9,476,665,361.14 at the end of the previous year[20]. - The company's cash and cash equivalents as of June 30, 2021, were 508,349,425.59 RMB, down from 582,373,608.44 RMB at the end of 2020[139]. Market and Industry Position - The connector market in China is expected to exceed $25 billion in 2021, making it the largest connector market globally[27]. - In the first half of 2021, domestic new energy vehicle production and sales reached 1.215 million and 1.206 million units, respectively, representing a year-on-year growth of 200%[28]. - The company has established a leading position in the domestic consumer electronics connector market and is focusing on high-speed transmission connectors to meet new demands[32]. - The automotive segment's revenue share is increasing, driven by the growth in the new energy vehicle sector, with a stable rise in OBC business[31]. - The company aims to enhance its market share in the automotive electronics sector, particularly in high-voltage wiring harnesses and connectors for new energy vehicles[32]. - The automotive electrical system and automotive electronics segments saw revenue growth, with the automotive electrical system contributing CNY 1,169.38 million, up 3.42% year-on-year[42]. - The automotive electronics and new energy segment saw revenue rise to ¥1,033,366,184.76, marking a substantial increase of 66.21% compared to the previous year[43]. Research and Development - Research and development investment increased by 10.29% to CNY 194.95 million, reflecting the company's commitment to innovation[40]. - The company is focusing on enhancing its research and development capabilities to drive innovation in its product offerings[167]. - The company has implemented a strategy for research and development in new electronic technologies and products[176]. Corporate Governance and Strategy - The company plans not to distribute cash dividends or issue bonus shares[6]. - Future development statements in the report are considered forward-looking and do not constitute substantive commitments to investors[5]. - The company plans to enhance supply chain management and cost control to mitigate risks associated with macroeconomic factors and policy changes[66]. - The company aims to strengthen its corporate culture and implement a talent strategy to attract and retain high-end professionals and technical talents, addressing the increasing competition for talent in the industry[68]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its operational footprint[167]. Financial Health and Stability - The overall profitability of the automotive electrical system business declined due to rising material costs and chip shortages[37]. - The company has not identified any significant doubts regarding its ability to continue as a going concern for the next 12 months[181]. - The financial statements prepared by the company comply with accounting standards, accurately reflecting the financial position, operating results, and cash flows for the reporting period[188]. - The company has maintained a capital reserve of 1,220.28 million RMB, which is crucial for future growth initiatives[169]. Shareholder Information - The company granted 12.55 million restricted stock units to 34 incentive recipients, accounting for 2.69% of the total share capital, with a grant price of RMB 9.50 per share[75]. - The total number of shares decreased from 473,485,580 to 468,869,580 due to the repurchase and cancellation of 4,616,000 restricted shares[122]. - The total number of common shareholders at the end of the reporting period was 57,449[127]. - Shenzhen Desheng Asset Management Co., Ltd. holds 22.50% of the shares, totaling 106,536,915 shares, with 92,536,915 shares pledged[127]. Environmental and Social Responsibility - The company has not incurred any significant environmental penalties during the reporting period and adheres to various environmental protection laws and regulations[81]. - The company emphasizes social responsibility, integrating it into its development strategy, and aims for a harmonious balance between economic growth and social responsibility[82]. - The company has not engaged in poverty alleviation or rural revitalization efforts during the reporting period and has no subsequent plans[83].

Financial Performance - The company's operating revenue for 2020 was ¥7,272,228,518.21, a decrease of 2.86% compared to ¥7,486,212,149.89 in 2019[18] - The net profit attributable to shareholders in 2020 was ¥117,833,720.93, representing a significant increase of 120.13% from a loss of ¥585,481,081.76 in 2019[18] - The net cash flow from operating activities was -¥639,581,721.91, a decline of 298.33% compared to ¥322,489,488.12 in 2019[18] - The basic earnings per share for 2020 was ¥0.2472, a recovery from a loss of ¥1.2205 per share in 2019[18] - The total assets at the end of 2020 were ¥9,476,665,361.14, down 7.32% from ¥10,224,978,917.28 at the end of 2019[18] - The net assets attributable to shareholders increased by 3.46% to ¥1,971,298,369.23 at the end of 2020, compared to ¥1,905,387,936.36 at the end of 2019[18] - The weighted average return on equity for 2020 was 6.06%, a recovery from -24.65% in 2019[18] - The company reported a significant improvement in net profit excluding non-recurring gains and losses, with a loss of ¥79,557,344.63 in 2020 compared to a loss of ¥617,779,643.82 in 2019, an improvement of 87.12%[18] - Operating profit increased by 116.21% to 10,783.08 million yuan, while total profit rose by 116.26% to 10,933.43 million yuan[45] - Net profit attributable to the parent company reached 11,783.37 million yuan, marking a year-on-year increase of 120.13%[45] Market Trends - The global connector market size was projected to grow from $52.9 billion in 2019 to $59.5 billion in 2020, with a compound annual growth rate of 4.2% from 2012 to 2021[29] - China's connector market size reached $16.5 billion in 2019, making it the largest connector market globally[29] - The production focus of global connectors has shifted to mainland China, which is now the largest production base for connectors[30] - In 2020, China's automotive industry produced and sold 25.23 million and 25.31 million vehicles, respectively, with a year-on-year decline of 2% and 1.9%[32] - The sales of new energy vehicles in China reached 1.366 million units in 2020, showing a year-on-year growth of 10.9%[32] - In 2020, the sales of new energy passenger vehicles in Europe reached 1.367 million units, a year-on-year increase of 142%[34] - The market share of new energy passenger vehicles in Europe reached 11% in 2020, marking the first time it surpassed double digits[34] Business Strategy - The company is focusing on high-end connectors, particularly in the automotive and telecommunications sectors, to drive future growth[31] - The company aims to expand its product applications in the communication and automotive sectors, particularly in the 5G field[35] - The company has established a comprehensive industrial layout in the automotive sector, enhancing its market competitiveness[36] - The company is actively expanding its high-quality domestic and international customer base, focusing on long-term strategic partnerships[39] - The company plans to enhance platform product development for OBC, focusing on high-voltage and high-power products to expand market share[48] - The company is focusing on the development of high-end connectors and electric vehicle onboard chargers, requiring significant investment in R&D, capacity upgrades, and market expansion[123] Research and Development - The company’s R&D investment decreased by 7.49% year-on-year, totaling ¥398,297,966.31, which represents 5.48% of operating revenue[73] - R&D personnel increased by 3.22% to 930, representing 8.41% of the total workforce[73] - Investment in R&D increased by 30% year-over-year, focusing on innovative technologies and product development[110] - The company is focusing on enhancing its research and development capabilities to maintain a technological edge in the market[102] Cash Flow and Dividends - The company plans not to distribute cash dividends or issue bonus shares for the year[6] - The company did not propose any cash dividend distribution for the year 2020, despite having a positive profit available for distribution to ordinary shareholders[121] - The company’s profit distribution policy emphasizes reasonable returns to investors while ensuring sustainable development[118] - The company’s cash dividend policy has been revised to prioritize cash dividends when conditions allow, with independent directors involved in the decision-making process[120] Subsidiaries and Investments - The company established a new subsidiary, Shaanxi Shuangyifei Electric System Co., Ltd., on June 19, 2020, and deregistered Shenzhen Derun Che Lian Technology Co., Ltd. on May 12, 2020[67] - The company completed a share transfer of 49% in Shenzhen Hualin Company for ¥17,542,000, contributing 125.78% to net profit[94] - The company holds a 35.09% stake in Meta System S.p.A., which is expanding its business in electric vehicle charging modules and has secured significant orders from major automotive brands[99] Management and Governance - The company experienced a significant turnover in its board and management, with multiple directors and executives leaving on December 2, 2020, due to term expiration[198] - The company aims to enhance its governance structure with the appointment of new independent directors to ensure compliance and strategic oversight[198] - The company is focused on maintaining stability in its leadership team following the recent departures, which may impact future strategic initiatives[198] Operational Challenges - The automotive electrical systems business experienced a significant decline in profitability due to the pandemic and a slowdown in the domestic automotive market[44] - The company has indicated uncertainty regarding its ability to continue as a going concern due to negative net profits in recent years[18] - The company anticipates challenges from ongoing global pandemic uncertainties, rising raw material prices, and semiconductor shortages in the automotive industry[101] Environmental and Social Responsibility - The company established a mask production line during the pandemic to provide masks for employees, customers, suppliers, and local governments[161] - The company maintained a "zero infection, zero suspected" status during the pandemic by providing free nucleic acid testing for employees[161] - The company strictly adheres to environmental protection laws and regulations, ensuring energy conservation and environmental protection in its production processes[164] - The company emphasizes the importance of employee rights and provides training and growth opportunities for staff[162]

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,791,963,583.49, representing a 33.10% increase compared to ¥1,346,369,097.38 in the same period last year[8] - Net profit attributable to shareholders was ¥13,561,425.66, a 6.03% increase from ¥12,789,984.64 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥9,858,464.06, showing a significant increase of 65.53% from ¥5,955,628.46 in the previous year[8] - Basic earnings per share increased by 7.12% to ¥0.0286 from ¥0.0267 in the same period last year[8] - The weighted average return on net assets was 0.69%, slightly up from 0.67% year-on-year[8] - The company expects a net profit of 25 million to 37.5 million yuan for the first half of 2021, representing a decline of 85.40% to 78.10% compared to the same period last year[21] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥278,859,604.01, a decline of 336.52% compared to ¥117,901,980.52 in the same period last year[8] - Cash flow from operating activities was CNY 1,390,998,805.31, down from CNY 1,750,394,450.63, indicating a decline of 20.5%[44] - Total cash inflow from financing activities was 963,905,920.95 CNY, while cash outflow was 519,750,813.26 CNY, resulting in a net cash flow of 444,155,107.69 CNY, contrasting with a negative net cash flow of -215,794,680.07 CNY in the prior period[47] - The company reported a total cash and cash equivalents balance of 370,766,869.76 CNY at the end of the period, an increase from 314,606,322.20 CNY in the previous period[47] - The company experienced a net increase in cash and cash equivalents of 80,850,413.22 CNY, contrasting with a decrease of -153,157,488.65 CNY in the previous period[47] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,848,584,850.45, up 3.92% from ¥9,476,665,361.14 at the end of the previous year[8] - Total liabilities as of March 31, 2021, amounted to CNY 7,338,462,909.83, up from CNY 6,971,198,198.66 at the end of 2020[32] - Total equity attributable to shareholders was CNY 1,962,550,554.58, down from CNY 1,971,298,369.23[32] - Current liabilities totaled CNY 5,264,703,567.63, with a slight decrease of CNY 1,905,797.00[53] - Non-current liabilities decreased to CNY 1,706,494,631.03, reflecting a reduction of CNY 73,897,082.99[53] Operating Costs and Expenses - Operating costs rose by 31.13%, an increase of 351.39 million yuan, mainly influenced by revenue changes[15] - Management expenses increased by 42.31%, up by 42.91 million yuan, mainly due to rising employee compensation and depreciation expenses[15] - The company incurred R&D expenses of CNY 51,140,562.57, compared to CNY 47,898,281.17 in the previous year[37] - Research and development expenses increased to CNY 5,921,114.25 from CNY 4,447,267.09, marking a rise of 33.2%[41] Shareholder Information - The company reported a total of 49,717 common shareholders at the end of the reporting period[11] - The largest shareholder, Shenzhen Desheng Asset Management Co., Ltd., held 22.50% of the shares, amounting to 106,536,915 shares[11] Other Financial Metrics - Financial expenses surged by 91.04%, increasing by 30.18 million yuan, primarily due to increased exchange loss from currency fluctuations[15] - Other comprehensive income decreased by 62.72%, down by 22.31 million yuan, primarily due to exchange rate fluctuations[15] - Investment income decreased by 130.15%, down by 7.98 million yuan, mainly due to reduced investment income from joint ventures[15] - The total comprehensive income for the quarter was CNY 4,654,778.14, down from CNY 32,161,366.51 in the same quarter last year[39] - The company reported a loss from investment activities of CNY 1,881,334.86, compared to a profit of CNY 6,123,835.54 in the previous year[42]

Financial Performance - The company's operating revenue for 2020 was ¥7,272,228,518.21, a decrease of 2.86% compared to ¥7,486,212,149.89 in 2019[18] - The net profit attributable to shareholders in 2020 was ¥117,833,769.30, a significant increase of 120.13% from a loss of ¥585,481,081.76 in 2019[18] - The net cash flow from operating activities was negative at ¥639,581,721.91, a decline of 298.33% compared to a positive cash flow of ¥322,489,488.12 in 2019[18] - The basic earnings per share for 2020 was ¥0.2472, compared to a loss of ¥1.2205 per share in 2019, marking a 120.25% improvement[18] - The total assets at the end of 2020 were ¥9,476,665,361.14, down 7.32% from ¥10,224,978,917.28 at the end of 2019[18] - The net assets attributable to shareholders increased by 3.46% to ¥1,971,298,369.23 at the end of 2020, compared to ¥1,905,387,936.36 at the end of 2019[18] - The company reported a significant reduction in non-recurring losses, with the net profit after deducting non-recurring gains and losses at -¥79,557,296.26, an improvement of 87.12% from -¥617,779,643.82 in 2019[18] - The weighted average return on net assets for 2020 was 6.06%, a recovery from -24.65% in 2019[18] - The company achieved consolidated revenue of 727,222.85 million yuan, a year-on-year decrease of 2.86%[45] - Operating profit increased by 116.21% to 10,783.08 million yuan, while total profit rose by 116.26% to 10,933.43 million yuan[45] - Net profit attributable to the parent company reached 11,783.38 million yuan, marking a year-on-year increase of 120.13%[45] Cash Flow and Investments - The net cash flow from operating activities was -¥639,581,721.91, a decline of 298.33% year-on-year[78] - Operating cash inflow totaled ¥6,701,788,192.22, a decrease of 6.18% compared to the previous year[78] - Investment cash inflow increased by 260.35% to ¥214,955,483.27, primarily due to capital increases in associated companies[78] - The net cash flow from financing activities rose by 172.90% to ¥836,162,891.34[78] - The company reported an investment income of ¥193,405,334.89, which accounted for 176.89% of total profit[81] Market and Industry Trends - The global connector market size was estimated at $59.5 billion in 2020, with a projected growth to $61.76 billion in 2021, reflecting a compound annual growth rate of 4.2%[29] - In 2020, China's automotive industry produced and sold 25.23 million and 25.31 million vehicles respectively, with a year-on-year decline of 2% and 1.9%[32] - The production and sales of new energy vehicles in China reached 1.366 million units in 2020, showing a year-on-year growth of 7.5% and 10.9% respectively[32] - The company focuses on high-end connectors, particularly in the automotive and telecommunications sectors, which are expected to drive future growth[31] - The domestic market share of the top five connector companies in China increased from 5.14% in 2010 to 43% in 2018, indicating a trend towards industry consolidation[30] Product Development and R&D - The company has increased its R&D investment to enhance its capabilities in new energy vehicle products and high-end precision connectors[40] - The company is focusing on optimizing product structure in the home appliance sector, enhancing internal management, and deepening its position as a leading manufacturer of domestic appliance connectors[46] - In the automotive electrical sector, the company has expanded its R&D and manufacturing base, improving market share among key clients and achieving recognition as a "Excellent Partner" by FAW-Volkswagen for two consecutive years[46] - The company is increasing investment in high-voltage harness technology to align with the trend of automotive electrification, supplying products for popular models like the ID4 and Wuling Hongguang MINI EV[47] - The company aims to enhance its core competitiveness by focusing on key projects such as high-speed transmission connectors and the R&D center for electric vehicle OBC, with an emphasis on technology innovation and product quality improvement[102] Strategic Plans and Future Outlook - The company plans to expand its product applications into the communications and automotive sectors, particularly in the 5G field[35] - The company aims for new energy vehicle sales in China to reach approximately 20% of total new car sales by 2025, indicating potential for rapid growth[33] - The company plans to enhance platform product development and reduce costs in the OBC segment to strengthen its market competitiveness[48] - The company aims to improve its management system to ensure clear responsibilities and efficient decision-making processes, thereby empowering business development[102] - The company provided a positive outlook for 2021, projecting a revenue growth of 20% based on new product launches and market expansion strategies[111] Shareholder and Dividend Policies - The company plans not to distribute cash dividends or issue bonus shares for the year[6] - The company reported a profit distribution plan for 2020, stating no cash dividends, no bonus shares, and no capital reserve transfer to share capital[121] - The company has established a stable profit distribution policy, ensuring that cash dividends should not be less than 10% of the distributable profits for the year when conditions are met[118] - The company’s profit distribution policy emphasizes reasonable returns to investors while considering sustainable development[118] - The company’s cash dividend distribution for 2020 was 0.00 CNY, indicating no distribution despite positive profits[122] Risks and Challenges - The company recognizes macroeconomic risks, particularly uncertainties from the pandemic, which may impact global economic growth and supply chains, and will focus on consolidating existing industries while being cautious with new project investments[104] - The company is aware of policy risks related to the global electrification trend and will enhance its research on global policies to mitigate systemic risks from policy changes[104] - The company faces exchange rate risks that could affect its operating performance, and it will increase monitoring of exchange rate trends and utilize foreign exchange derivatives to mitigate these impacts[105] - The company acknowledges management risks due to the expansion of its business across various regions and will collaborate with strategic consultants to optimize processes and enhance management capabilities[105] Corporate Governance and Management - The company is focused on maintaining strong corporate governance practices, as evidenced by the regular meetings of its board and supervisory committee[167] - The company is implementing a talent strategy to strengthen its workforce, focusing on optimizing talent structure and enhancing employee engagement through a comprehensive incentive system[106] - The company is committed to building a clear corporate culture to enhance employee recognition and cohesion, which is essential for attracting and retaining talent[106] - The company experienced a significant turnover in its board and management, with multiple directors and executives leaving due to term expiration or personal reasons[198] - The current chairman, Qiu Jianmin, has been with the company since its inception in 1992 and continues to serve as the chairman and general manager[200]

深圳市得润电子股份有限公司 2020 年第三季度报告全文 证券简称：得润电子 证券代码：002055 深圳市得润电子股份有限公司 2020 年第三季度报告 2020 年 10 月 1 深圳市得润电子股份有限公司 2020 年第三季度报告全文 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。 公司负责人邱建民、主管会计工作负责人邱建民及会计机构负责人（会计 主管人员）饶琦声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市得润电子股份有限公司 2020 年第三季度报告全文 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 9,833,559,605.35 | 10,224,978,917.28 | | -3.83% | | 归 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥3,054,869,202.22, a decrease of 6.17% compared to the same period last year[17]. - The net profit attributable to shareholders of the listed company reached ¥171,258,059.09, representing a significant increase of 523.68% year-on-year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥122,510,954.00, up 1,359.79% from the previous year[17]. - The net cash flow from operating activities was ¥644,539,099.10, an increase of 561.83% compared to the same period last year[17]. - Basic earnings per share were ¥0.3570, reflecting a growth of 524.13% year-on-year[17]. - Operating profit increased significantly by 498.68% to CNY 165.93 million, while total profit rose by 637.09% to CNY 194.13 million[34]. - Net profit attributable to the parent company reached CNY 171.26 million, marking a 523.68% increase year-on-year[34]. - The company reported a net profit for the first half of 2020 of CNY 64.27 million, significantly up from CNY 13.76 million in the first half of 2019, marking an increase of approximately 367.5%[146]. - The total profit for the first half of 2020 was CNY 68.19 million, a significant rise from CNY 9.38 million in the first half of 2019, representing an increase of approximately 627.5%[146]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,751,035,151.32, a decrease of 4.64% from the end of the previous year[17]. - The company's total assets included cash of ¥822,324,687.96, which represented 8.43% of total assets, an increase from 6.48% in the previous year[45]. - The company's total liabilities decreased to CNY 7,082,861,471.96 from CNY 7,722,660,832.03, indicating a reduction of approximately 8.3%[134]. - Accounts receivable decreased significantly to CNY 1,619,853,469.54 from CNY 2,193,030,992.01, a decline of approximately 26.2%[132]. - The company's total equity attributable to shareholders rose to CNY 2,068,996,296.82 from CNY 1,905,387,936.36, an increase of approximately 8.6%[135]. Cash Flow - The company's cash flow from operating activities surged by 561.83% to CNY 644.54 million, primarily due to increased collection of receivables[36]. - The cash flow from operating activities generated a net amount of CNY 644.54 million in the first half of 2020, compared to CNY 97.39 million in the same period of 2019, indicating a substantial increase[150]. - The total cash inflow from financing activities in the first half of 2020 was CNY 2.08 billion, down from CNY 3.17 billion in the same period of 2019, indicating a decrease of approximately 34.4%[151]. Investments and R&D - Research and development investment increased by 3.73% to CNY 176.76 million, reflecting the company's commitment to innovation[36]. - Research and development expenses increased to CNY 138,089,254.03 in the first half of 2020, compared to CNY 94,923,522.86 in the same period last year, representing a rise of 45.0%[140]. Market and Operational Strategy - The company maintained a stable performance in the home appliance and consumer electronics sectors, optimizing product structure to enhance profitability[34]. - The company is actively expanding its presence in the European new energy vehicle market, benefiting from significant growth in orders[33]. - The company is focusing on strengthening internal management and cost control to improve profitability and overall performance[63]. Risks and Challenges - The company faces macroeconomic risks, including global economic downturns and supply chain challenges, prompting a cautious approach to new project investments[64]. - The ongoing COVID-19 pandemic has affected overseas operations and order deliveries, particularly in Europe, but recovery is underway[65]. - Market risks persist in the domestic automotive industry, necessitating improved customer and product management as well as credit risk assessments[67]. Corporate Governance and Shareholder Information - The company has not undergone an audit for the semi-annual financial report[75]. - There are no significant litigation or arbitration matters reported during the period[78]. - The company has implemented an employee stock incentive plan, granting 12.55 million restricted shares, accounting for 2.69% of the total share capital[81]. - The largest shareholder, Shenzhen Desheng Asset Management Co., Ltd., reduced its holdings by 7,340,000 shares during the reporting period[115]. Accounting Policies and Compliance - The financial statements prepared by the company comply with accounting standards, accurately reflecting the financial position, operating results, and cash flows for the reporting period[181]. - The company uses the allowance method to account for bad debt losses, which requires management's judgment and estimation of receivables' recoverability[176]. - The company recognizes deferred tax assets based on the likelihood of sufficient taxable profits to offset losses, requiring significant management judgment regarding future taxable profits[179].

深圳市得润电子股份有限公司 2020 年第一季度报告全文 证券简称：得润电子 证券代码：002055 深圳市得润电子股份有限公司 2020 年第一季度报告 2020 年 04 月 1 深圳市得润电子股份有限公司 2020 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。 公司负责人邱建民、主管会计工作负责人邱建民及会计机构负责人（会计 主管人员）饶琦声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市得润电子股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部 | 3,094,128.67 | | | 分） | | | | 越权审批或无正式批准文件的税收返还、减免 | 13,123.38 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家 统一标准 ...

Financial Performance - The company's operating revenue for 2019 was ¥7,486,212,149.89, representing a 0.43% increase compared to ¥7,454,105,562.46 in 2018[16] - The net profit attributable to shareholders was a loss of ¥585,481,081.76, a decrease of 324.30% from a profit of ¥261,024,389.48 in 2018[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥617,779,643.82, a decrease of 6,115.10% from a profit of ¥10,270,473.30 in 2018[16] - The net cash flow from operating activities was ¥322,489,488.12, an increase of 228.82% compared to a negative cash flow of ¥250,338,695.40 in 2018[16] - The basic earnings per share were -¥1.2205, a decrease of 321.87% from ¥0.5501 in 2018[16] - The total assets at the end of 2019 were ¥10,224,978,917.28, a 0.61% increase from ¥10,162,952,382.78 at the end of 2018[16] - The net assets attributable to shareholders decreased by 29.34% to ¥1,905,387,936.36 from ¥2,696,541,029.20 at the end of 2018[16] - The weighted average return on net assets was -24.65%, a decrease of 34.78% from 10.13% in 2018[16] Future Outlook and Strategy - Future development statements in the report are considered forward-looking and do not constitute substantive commitments to investors[5] - The company plans not to distribute cash dividends or issue bonus shares[6] - The company aims to improve its talent acquisition and retention strategies to support its growth, particularly in international markets[32] - The company is actively expanding its market presence, successfully entering overseas markets to mitigate domestic demand pressures[37] - The company aims to enhance its operational and financial strength through strategic investments, particularly in the new energy vehicle sector[38] - The company plans to optimize its asset management and improve the efficiency of asset and capital utilization by disposing of low-efficiency businesses and idle assets[81] - The company is committed to enhancing its understanding of global policies related to the new energy vehicle industry to mitigate risks associated with policy changes[84] Research and Development - Research and development investment has been increased to enhance capabilities in new product development and precision manufacturing[31] - Research and development expenses amounted to 430,532,737.67 CNY, up 6.48% from 404,336,498.72 CNY in 2018, accounting for 5.75% of total operating revenue[56] - The company is increasing R&D investment to enhance product quality and customer service, aiming to expand market share and increase the proportion of its main business[82] Market Performance - In Q1 2023, the company's operating revenue was approximately CNY 1.56 billion, increasing to CNY 2.49 billion in Q4 2023, representing a growth of 59.0% quarter-over-quarter[20] - The net profit attributable to shareholders showed a significant decline, with a loss of CNY 633.46 million in Q4 2023 compared to a profit of CNY 21.80 million in Q1 2023[20] - The net cash flow from operating activities turned negative in Q4 2023, recording a loss of CNY 104.38 million, down from a positive cash flow of CNY 1.21 million in Q1 2023[20] - The company achieved a consolidated revenue of CNY 748,621.21 million, a year-on-year increase of 0.43%[36] - Operating profit was CNY -66,512.28 million, a decline of 363.66% year-on-year, while total profit decreased by 372.51% to CNY -67,251.56 million[36] Segment Performance - The home appliance and consumer electronics segment generated CNY 3,471,383.44 million, accounting for 46.37% of total revenue, but saw a decline of 5.62% year-on-year[42] - The automotive electrical systems segment contributed CNY 2,427,027.20 million, representing 32.42% of total revenue, with a slight increase of 1.32% year-on-year[42] - The automotive electronics and new energy vehicle business generated CNY 1,182,390.48 million, a year-on-year increase of 2.77%, accounting for 15.79% of total revenue[42] Shareholder and Dividend Policy - The company has a profit distribution policy that emphasizes stable cash dividends, aiming for a minimum of 10% of distributable profits to be distributed in cash annually[91] - The company has committed to a cash dividend policy that ensures cumulative cash distributions over three years will not be less than 30% of the average annual distributable profits[91] - The company has outlined a shareholder return plan for 2020-2022 to protect the interests of minority investors[92] - In 2019, the company did not distribute any cash dividends, nor did it issue bonus shares or increase capital from reserves[94] - The cash dividends for 2018 and 2017 represented 11.03% and 13.37% of the net profit attributable to shareholders, respectively[96] Corporate Governance - The company has ensured that minority shareholders have had opportunities to express their opinions and that their rights are protected[93] - The company has complied with all relevant procedures and mechanisms regarding its cash dividend policy[93] - The company strictly adheres to the requirements of the Company Law, Securities Law, and Corporate Governance Guidelines, enhancing its governance structure and internal controls[188] - There were no incidents of insider trading or violations of governance norms during the reporting period[190] - The company operates independently from its controlling shareholder in terms of business, personnel, assets, and finance, ensuring no direct or indirect interference in operations[190] Employee and Management Structure - The total number of employees in the company is 11,661, with 8,838 in production, 341 in sales, 901 in technical roles, 189 in finance, and 1,392 in administration[181] - The company has implemented a performance-based salary system for management and technical personnel, adjusting salaries according to industry standards and local regulations[182] - The company has established a tiered training program for employees, including new hires and management, to enhance skills and operational efficiency[184] - The management team includes experienced professionals, such as the CFO who has been with the company since 2008, indicating stability in financial oversight[175] Risk Management - The company is facing macroeconomic risks due to the global pandemic, which may lead to economic slowdown and increased uncertainty in the market[83] - The company is focusing on optimizing its industrial structure and strengthening cost control to improve overall market competitiveness amid ongoing market risks[85] - The company will focus on risk control and market research for new products and markets amid global economic uncertainties and the impact of the COVID-19 pandemic[81]

深圳市得润电子股份有限公司 2019 年第三季度报告全文 证券简称：得润电子 证券代码：002055 深圳市得润电子股份有限公司 2019 年第三季度报告 2019 年 10 月 1 深圳市得润电子股份有限公司 2019 年第三季度报告全文 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。 公司负责人邱建民、主管会计工作负责人邱建民及会计机构负责人(会计主 管人员)饶琦声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市得润电子股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 √ 是 □ 否 追溯调整或重述原因 会计政策变更 | | 本报告期末 | | 上年度末 | | | | 本报告期末比上年度 末增减 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 调整前 | | 调整后 | | 调整后 | | | 总 ...