Financial Performance - The company's operating revenue for the first half of 2018 was CNY 743,348,193.60, representing a 26.47% increase compared to CNY 587,768,766.31 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was CNY 39,551,164.10, an increase of 18.58% from CNY 33,354,766.67 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 37,079,957.73, up 26.02% from CNY 29,424,299.39 in the same period last year[17]. - The net cash flow from operating activities was CNY 48,319,390.92, a significant increase of 252.84% compared to a negative cash flow of CNY -31,613,404.85 in the previous year[17]. - The total assets at the end of the reporting period were CNY 1,693,428,532.96, reflecting a 1.57% increase from CNY 1,667,301,875.47 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company were CNY 758,673,231.57, which is a 2.56% increase from CNY 739,742,021.36 at the end of the previous year[17]. - The weighted average return on net assets was 5.25%, an increase of 0.50% compared to 4.75% in the previous year[17]. - The basic and diluted earnings per share were both CNY 0.14, down 12.50% from CNY 0.16 in the same period last year[17]. Revenue and Sales Growth - The company achieved total revenue of ¥743,348,193.60, representing a year-on-year growth of 26.47%[39]. - The production and sales volume of lead frames reached 671.52 billion and 648.69 billion units, growing by 24.03% and 22.21% respectively[39]. - Bonding wire products saw production and sales of 1,027.33 kg and 1,045.00 kg, with increases of 44.11% and 58.23% respectively[40]. - The company’s electrode wire products had production and sales of 2,902.02 tons and 2,962.37 tons, reflecting growth of 8.47% and 12.54% respectively[40]. - Revenue from bonding wire products increased significantly by 61.26% to ¥208,335,710.63, driven by aggressive customer expansion efforts[49]. - Domestic revenue was ¥584,777,363.09, making up 78.67% of total revenue, with a year-on-year growth of 34.60%[44]. Cost and Profitability - The company’s gross profit margin was impacted by a 29.59% increase in operating costs, totaling ¥593,546,375.69[42]. - Gross profit margin for the manufacturing sector was 19.81%, a decrease of 2.35% compared to the previous year[49]. - The total operating costs amounted to CNY 689,715,597.46, up 26.5% from CNY 544,829,786.06 year-on-year[131]. - The net profit for the first half of 2018 was CNY 46,359,639.45, representing a 17.4% increase from CNY 39,241,118.70 in the previous year[132]. Research and Development - Research and development expenses increased by 33.14% to ¥31,135,096.56, primarily due to new product development[42]. - The company is focusing on developing higher value-added new products to adapt to market changes and enhance competitiveness[69]. - The company has allocated 15% of its annual budget for research and development to innovate and improve existing products[200]. Market Position and Strategy - The company continues to focus on the development, production, and sales of semiconductor packaging materials, including lead frames and bonding wires, with no significant changes in its main business[25][26]. - The company is positioned as a leading enterprise in the semiconductor packaging materials sector, with a focus on innovation and market expansion[35]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by the end of 2019[194]. - A strategic acquisition of a local competitor is in progress, expected to enhance the company's product portfolio and market reach[194]. Cash Flow and Financial Stability - The company's cash and cash equivalents at the end of the reporting period were ¥119,104,194.90, a decrease of 0.93% from ¥133,885,044.47 at the end of the previous year[53]. - The company reported a significant increase in other business revenue by 93.46%, amounting to ¥3,471,513.34[44]. - The company’s cash flow from operating activities showed a positive trend, indicating improved operational efficiency and cash generation capabilities[143]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company increased its share capital by 40% through a capital reserve conversion, distributing 4 new shares for every 10 shares held[101]. - The total number of ordinary shareholders was 16,754[105]. - The largest shareholder, Ningbo Pulisais Electronic Co., Ltd., holds 56,930,160 shares, representing 19.72% of the total shares[107]. Risk Management - The company is facing risks related to the semiconductor industry's cyclical nature, which may impact its operational performance[69]. - The company relies heavily on raw materials such as copper, gold, and silver, which account for over 80% of its material costs, making it vulnerable to price fluctuations in these metals[69]. - The company has implemented risk management strategies including optimizing supplier configurations, centralized procurement, and hedging to mitigate raw material price volatility[69]. Environmental and Social Responsibility - The company has implemented effective pollution prevention measures, ensuring that wastewater and air emissions meet standards[95]. - The company has conducted environmental impact assessments for its projects, which have been approved by relevant authorities[95]. - The company has established an emergency response plan for environmental incidents and conducts annual drills[96]. Corporate Governance - There were no major litigation or arbitration matters during the reporting period[77]. - The company did not experience any penalties or rectification situations during the reporting period[78]. - The company has not reported any fundraising activities during the reporting period[62].

Financial Performance - Net profit attributable to shareholders increased by 14.45% to CNY 26,096,898.48 for the current period[8] - Operating revenue rose by 14.75% to CNY 400,687,589.48 for the current period[8] - Net cash flow from operating activities surged by 150.88% to CNY 40,983,194.52 for the current period[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 14.35% to CNY 25,226,444.15 for the current period[8] - Basic earnings per share decreased by 18.18% to CNY 0.09 for the current period[8] - The estimated net profit attributable to shareholders for 2018 is expected to be between 73 million and 83 million yuan, representing a change of 14.00% to 30.00% compared to the previous year[17] Asset Management - Total assets increased by 5.08% to CNY 1,752,068,971.20 compared to the end of the previous year[8] - Other receivables decreased by 5.0455 million yuan, a reduction of 65.05%, mainly due to a decrease in deposits[16] - Other current assets increased by 3.1669 million yuan, an increase of 184.91%, primarily due to an increase in prepaid taxes[16] - Investment properties increased by 55.7117 million yuan, an increase of 676.98%, mainly due to the conversion of idle factories into investment properties[16] - Construction in progress increased by 26.6699 million yuan, an increase of 122.19%, primarily due to investments in the new factory building and equipment upgrades[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,277[12] - The largest shareholder, Ningbo Pulisai Electronic Co., Ltd., holds 19.72% of the shares[12] Non-Recurring Items - The company reported no significant non-recurring gains or losses during the reporting period[10] Income and Expenses - The company reported a decrease in investment income of 1.2516 million yuan, a decrease of 387.53%, mainly due to reduced gains from ineffective hedging[16] - The company’s capital reserve decreased by 82.48 million yuan, a decrease of 33.74%, primarily due to the transfer of capital reserve to increase share capital[16] - The company’s tax and additional charges increased by 2.6080 million yuan, an increase of 36.89%, mainly due to an increase in value-added tax payable[16] - The company reported a decrease in asset impairment losses of 4.0646 million yuan, a decrease of 70.18%, mainly due to a reduction in inventory write-down provisions[16] Return on Investment - The weighted average return on net assets was 3.38%, an increase of 0.22% compared to the previous year[8]

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 743,348,193.60, representing a 26.47% increase compared to CNY 587,768,766.31 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was CNY 39,551,164.10, an increase of 18.58% from CNY 33,354,766.67 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 37,079,957.73, up 26.02% from CNY 29,424,299.39 year-on-year[17]. - The net cash flow from operating activities was CNY 48,319,390.92, a significant improvement of 252.84% compared to a negative cash flow of CNY -31,613,404.85 in the same period last year[17]. - The total assets at the end of the reporting period were CNY 1,693,428,532.96, reflecting a 1.57% increase from CNY 1,667,301,875.47 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company increased by 2.56% to CNY 758,673,231.57 from CNY 739,742,021.36 at the end of the previous year[17]. - The basic earnings per share decreased by 12.50% to CNY 0.14 from CNY 0.16 in the same period last year[17]. - The company achieved total revenue of ¥743,348,193.60 in the first half of 2018, representing a year-on-year growth of 26.47%[39]. - The net profit attributable to shareholders reached ¥39,551,164.10, an increase of 18.58% compared to the same period last year[39]. - The production and sales volume of lead frames were 671.52 billion and 648.69 billion units, respectively, with year-on-year growth of 24.03% and 22.21%[39]. - The sales revenue from bonding wire products increased by 61.26% to ¥20,833.57 million, driven by new product development and customer expansion[40]. - The company’s R&D investment rose by 33.14% to ¥31,135,096.56, primarily due to new product development efforts[42]. - The production and sales volume of electrode wire reached 2,902.02 tons and 2,962.37 tons, respectively, with year-on-year growth of 8.47% and 12.54%[40]. - The company reported a significant increase in short-term borrowings, rising to CNY 554,900,000.00 from CNY 529,000,000.00, an increase of about 4.1%[124]. Business Operations - The company continues to focus on the development, production, and sales of semiconductor packaging materials, including lead frames and bonding wires, with no significant changes in its main business[25]. - The company has identified risks related to the semiconductor industry's market conditions, raw material price fluctuations, and exchange rate volatility[4]. - The company has established itself as the largest lead frame manufacturer in China, with a market coverage rate of 60% among major domestic semiconductor packaging enterprises[32]. - The company is recognized as a key high-tech enterprise and has received multiple awards for its R&D achievements in the semiconductor industry[33]. - The company plans to continue focusing on system, technology, and management innovations to enhance product value and economic benefits[35]. - Manufacturing sector contributed ¥739,876,680.26, accounting for 99.53% of total revenue, with a year-on-year growth of 28.15%[44]. - Domestic revenue was ¥584,777,363.09, making up 78.67% of total revenue, with a year-on-year growth of 34.60%[44]. - The gross profit margin for the manufacturing sector was 19.81%, a decrease of 2.35% compared to the previous year[49]. Cash Flow and Financial Position - The company reported a decrease in cash and cash equivalents, with a balance of approximately ¥119.10 million at the end of the period, down from ¥127.97 million at the beginning[122]. - Accounts receivable increased to approximately ¥367.82 million, compared to ¥350.34 million at the start of the period, indicating a growth of about 5.3%[122]. - Inventory levels rose to approximately ¥317.87 million, up from ¥299.24 million, reflecting an increase of about 6.2%[122]. - The total liabilities remained stable at CNY 859,105,583.05, compared to CNY 858,718,611.12, showing a negligible change[124]. - Owner's equity increased to CNY 834,322,949.91 from CNY 808,583,264.35, representing a growth of approximately 3.2%[125]. - The company reported a significant increase in cash flow from operating activities, with a net increase of ¥48,319,390.92, a 252.84% increase compared to the previous year[43]. - The total cash inflow from operating activities reached 791,536,173.75 CNY, while cash outflow was 743,216,782.83 CNY, resulting in a net increase of 48,319,390.92 CNY[140]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company increased its share capital by converting capital reserves, issuing 4 new shares for every 10 existing shares[102]. - The company plans to distribute a cash dividend of 1.00 yuan per 10 shares, totaling 20,620,000 yuan, and to increase capital stock by 82,480,000 shares through capital reserve conversion[103]. - The total number of shares after the capital increase is 288,680,000, with 206,200,000 shares before the change[103]. - The largest shareholder, Ningbo Pulisais Electronic Co., Ltd., holds 19.72% of the shares, totaling 56,930,160 shares, which are pledged[106]. - The second-largest shareholder, Ningbo Simais Electronic Technology Co., Ltd., holds 8.52% of the shares, totaling 24,596,544 shares[106]. - The company has 16,754 common stock shareholders at the end of the reporting period[106]. Risk Management - The company has implemented risk management strategies including optimizing supplier configurations, centralized procurement, and hedging to mitigate the impact of raw material price fluctuations[69]. - The company’s export sales accounted for 21.44% of total revenue in 2017, indicating a high exposure to foreign exchange risks, particularly with significant fluctuations in the RMB exchange rate[69]. - The company has established internal control systems for futures hedging to manage various risks including market, liquidity, and operational risks[69]. Environmental and Social Responsibility - The company has implemented effective pollution prevention measures, ensuring that wastewater and air emissions meet regulatory standards[95]. - The company has conducted environmental impact assessments for its projects, receiving approval from environmental authorities[95]. - The company has established an emergency response plan for environmental incidents and conducts annual drills[96]. - The company has not engaged in targeted poverty alleviation initiatives during the reporting period[97]. Accounting Policies - The company adheres to accounting standards, ensuring that financial statements accurately reflect its financial position and performance[163]. - The financial reports are based on the assumption of continuous operation, with specific accounting policies tailored to the company's operational characteristics[160]. - The company uses Renminbi as its functional currency for accounting purposes[166]. - The company recognizes goodwill when the purchase cost exceeds the fair value of identifiable net assets acquired in a business combination[167]. - The company applies an aging analysis method for bad debt provision, with specific percentages for different aging categories, such as 5% for within 1 year and 100% for over 5 years[182].

Financial Performance - The company's revenue for Q1 2018 was ¥341,460,788.42, representing a 27.95% increase compared to ¥266,873,844.02 in the same period last year[8] - Net profit attributable to shareholders was ¥17,520,737.80, up 28.87% from ¥13,595,398.06 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥16,878,285.54, a significant increase of 50.37% from ¥11,224,310.11 in the previous year[8] - Basic earnings per share rose to ¥0.08, reflecting a 14.29% increase from ¥0.07 in the previous year[8] - The net profit attributable to shareholders for the first half of 2018 is expected to be between 33.35 million and 40.02 million CNY, compared to 33.35 million CNY in the same period of 2017, indicating a positive performance[18] Cash Flow - The net cash flow from operating activities reached ¥22,549,033.11, a remarkable increase of 703.57% compared to ¥2,806,123.00 in the same period last year[8] - The net cash flow from operating activities increased by 19.7429 million CNY, a significant rise of 703.57%, primarily due to increased cash receipts from sales[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,650,135,044.96, a slight decrease of 1.03% from ¥1,667,301,875.47 at the end of the previous year[8] - Net assets attributable to shareholders increased by 2.37% to ¥757,262,759.16 from ¥739,742,021.36 at the end of the previous year[8] - Financial liabilities measured at fair value increased by 989,300 CNY, a staggering increase of 702.08%, due to changes in the fair value of ineffective hedging[17] Operational Changes - Construction in progress increased by 7.3007 million CNY, a rise of 33.56%, mainly due to investments in the new factory building and equipment upgrades[17] - Prepayments increased by 1.5589 million CNY, up 41.31%, attributed to an increase in advance payments received[17] - Sales expenses rose by 960,700 CNY, an increase of 33.52%, reflecting higher logistics costs associated with increased revenue[17] Profitability and Returns - The weighted average return on equity was 2.34%, up from 1.93% in the previous year, indicating improved profitability[8] - The company reported non-recurring gains of ¥642,452.26 during the reporting period[9] Employee and Compensation - The company reported a 72.41% decrease in employee compensation payable, down 15.6985 million CNY, due to the payment of prior liabilities[17] Impairments and Investment - The asset impairment loss increased by 479,500 CNY, a rise of 194.82%, due to higher provisions for inventory write-downs[17] - Investment income decreased by 84,200 CNY, a decline of 100.18%, due to reduced gains from ineffective hedging[17] Compliance and Commitments - There were no significant changes in the commitments made by the actual controller, shareholders, or related parties during the reporting period[16] - The company has no violations regarding external guarantees or non-operating fund occupation by major shareholders during the reporting period[21][22]

Financial Performance - The company's operating revenue for 2017 was CNY 1,303,618,061.94, representing an increase of 8.93% compared to CNY 1,196,754,513.55 in 2016[16] - The net profit attributable to shareholders for 2017 was CNY 64,002,727.40, a significant increase of 46.74% from CNY 43,617,898.34 in 2016[16] - The net profit after deducting non-recurring gains and losses was CNY 57,465,720.92, up by 32.93% from CNY 43,229,695.47 in the previous year[16] - The basic earnings per share for 2017 was CNY 0.31, an increase of 47.62% compared to CNY 0.21 in 2016[16] - The total assets at the end of 2017 were CNY 1,667,301,875.47, reflecting a growth of 4.98% from CNY 1,588,258,374.19 at the end of 2016[17] - The net assets attributable to shareholders increased to CNY 739,742,021.36, a rise of 6.23% from CNY 696,359,209.98 in 2016[17] - The company's total profit for 2017 was ¥85,924,461.47, reflecting a growth of 40.72% year-on-year[36] - The company's operating profit for 2017 was ¥87,575,790.83, an increase of 33.06% from the previous year[36] Cash Flow and Assets - The net cash flow from operating activities for 2017 was CNY 15,657,670.87, a decrease of 89.99% compared to CNY 156,375,237.52 in 2016[16] - The company reported a net cash flow from operating activities of ¥30,935,298.15 in Q4, recovering from a negative cash flow of ¥34,419,527.85 in Q2[21] - Operating cash inflow totaled ¥1,339,638,283.38, a 10.58% increase year-on-year, while cash outflow rose by 25.48% to ¥1,323,980,612.51[59] - The company's cash and cash equivalents decreased by 2.25% to ¥127,973,321.77, representing 7.68% of total assets[66] - The total current assets amounted to CNY 902,953,446.66, up from CNY 818,895,184.75, indicating an increase of about 10.3%[194] - The company's cash and cash equivalents decreased to CNY 127,973,321.77 from CNY 157,739,958.68, a decline of approximately 18.9%[193] Market and Product Development - The company plans to increase efforts in overseas market development while maintaining a stable domestic market expansion strategy[32] - The company plans to focus on advanced packaging technology and expand its product line to include high-end packaging materials such as QFN and silver alloy wires[80] - The company is focusing on high-margin, high-technology products, increasing the proportion of integrated circuit lead frames in its product mix[57] - The company has a strategic goal to enhance its market share and profitability by leveraging existing customer resources and technological advantages[80] - The company’s lead frame products cover 60% of major domestic packaging and testing manufacturers, demonstrating significant market penetration[32] Research and Development - The company has a total of 26 invention patents and 46 utility model patents, indicating a strong focus on R&D and innovation[32] - Research and development (R&D) investment increased by 15.52% to ¥50,858,630.25, accounting for 3.90% of operating revenue[58] - The company has established a performance assessment mechanism for R&D personnel to incentivize innovation and contributions to patent and technology achievements[81] - The company plans to enhance its core R&D capabilities by establishing a postdoctoral workstation and recruiting top talent to focus on forward-looking technologies[81] Risks and Challenges - The company has identified risks related to the semiconductor industry, raw material price fluctuations, and exchange rate volatility, which investors should be aware of[4] - The company is facing risks related to the cyclical nature of the semiconductor industry, which could impact its operational performance[84] - The company's main raw materials, including copper, gold, and silver, account for over 80% of its product costs, making it vulnerable to price fluctuations in these metals[84] - The company’s export sales accounted for 21.44% of total revenue in 2017, indicating a significant exposure to foreign exchange risks[84] Corporate Governance and Compliance - The company has committed to strict compliance with market principles in related transactions, ensuring transparency and proper disclosure[97] - The company has not engaged in any significant equity investments during the reporting period, reflecting a cautious investment strategy[71] - The company has retained Tianjian Accounting Firm for 10 years, with an audit fee of CNY 650,000 for the current period[103] - The company’s governance structure complies with the requirements of the Company Law and relevant regulations, ensuring strong independence and proper information disclosure[163] - The independent directors received an annual allowance of 80,000元 for the year 2017[154] Employee and Management Information - The total number of employees in the company is 991, with 476 in the parent company and 515 in major subsidiaries[157] - The company has a professional composition of 655 production personnel, 22 sales personnel, 142 technical personnel, 15 financial personnel, and 157 administrative personnel[158] - The total remuneration for directors and senior management during the reporting period amounts to 746.71万元[156] - The general manager, Zheng Kangding, received a total remuneration of 191.55万元[156] - The company organized 25 training activities in 2017, training a total of 330 participants, focusing on corporate culture and management improvement[160] Shareholder Information - The total number of shares is 206,200,000, with 97.93% being unrestricted shares[133] - The largest shareholder, Ningbo Pulisais Electronic Co., Ltd., holds 19.72% of the shares, amounting to 40,664,400 shares[135] - The company has no controlling shareholder, with no single entity holding more than 50% of shares[137] - The shareholding structure is dispersed, with no shareholder controlling more than 30% of voting rights[139] Environmental and Social Responsibility - The company has successfully developed multiple clean production measures, achieving an 85% reuse rate of wastewater in electroplating processes[32] - The company donated CNY 300,000 annually to the "Kangqiang Charity Poverty Alleviation Fund" and CNY 100,000 to the "Jiangsu New Tide Renai Foundation" for supporting impoverished students[126] - The company emphasizes long-term strategic partnerships with customers, focusing on customer satisfaction and product quality[125] - The company does not belong to the key pollutant discharge units as published by environmental protection departments[129]

Financial Performance - Net profit attributable to shareholders rose by 58.50% to CNY 22,802,226.75 for the current period[8] - Operating income for the current period was CNY 349,195,843.00, reflecting a 3.16% increase year-on-year[8] - Basic earnings per share increased by 57.14% to CNY 0.11[8] - The weighted average return on equity improved to 3.16%, up from 1.04% in the previous year[8] - The net profit after deducting non-recurring gains and losses increased by 127.06% to CNY 22,060,866.02[8] - Net profit attributable to shareholders increased by CNY 24.19 million, a growth of 75.68%, driven by increased main business income and reduced fixed asset disposal losses[16] - The estimated net profit for 2017 is expected to be between CNY 62 million and CNY 70 million, representing a year-on-year increase of 42.14% to 60.48%[17] Cash Flow - The net cash flow from operating activities surged by 242.29% to CNY 16,335,777.57[8] - Net cash flow from operating activities decreased by CNY 63.47 million, a decline of 131.70%, mainly due to increased cash expenditures for purchasing goods and payments for last year's accrued wages and bonuses[16] - The net cash flow from financing activities increased by CNY 9.12 million, an increase of 45.96%, primarily due to increased loans during the period[16] Assets and Shareholder Information - Total assets increased by 6.59% to CNY 1,692,916,440.10 compared to the end of the previous year[8] - The total number of shareholders at the end of the reporting period was 16,770[12] - The largest shareholder, Ningbo Pulisais Electronic Co., Ltd., holds 19.72% of the shares[12] Accounts and Financial Products - Accounts receivable increased by CNY 50.16 million, a rise of 50.01%, mainly due to increased sales during the period[16] - Other current assets decreased by CNY 10.91 million, a decline of 60.74%, primarily due to a reduction in principal-protected financial products held at the end of the period[16] - Prepayments increased by CNY 3.20 million, an increase of 112.90%, attributed to higher advance payments received during the period[16] - Investment income decreased by CNY 0.56 million, a decline of 63.45%, mainly due to reduced returns from principal-protected financial products[16] Industry Outlook - The semiconductor industry recovery is expected to significantly boost the production and sales of the company's main products, enhancing operational efficiency and product quality[17] Financial Expenses - Financial expenses increased by CNY 7.96 million, a rise of 38.96%, primarily due to increased exchange losses and interest expenses during the period[16] Non-Recurring Gains and Losses - The company reported no significant non-recurring gains or losses that would affect the financial results[10]

Financial Performance - The company's operating revenue for the first half of 2017 was ¥587,768,766.31, representing a 4.36% increase compared to ¥563,223,948.93 in the same period last year[18]. - The net profit attributable to shareholders was ¥33,354,766.67, a significant increase of 89.74% from ¥17,579,143.36 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥29,424,299.39, up 44.37% from ¥20,381,638.40 year-on-year[18]. - The basic earnings per share rose to ¥0.16, reflecting a 77.78% increase compared to ¥0.09 in the same period last year[18]. - Operating profit increased by 50.40% to CNY 47.79 million, while net profit attributable to shareholders rose by 89.74% to CNY 33.35 million[41]. - The expected net profit for the first three quarters of 2017 is projected to be between ¥55,000,000 and ¥62,000,000, reflecting a year-on-year increase of 72.06% to 93.96%[68]. - The net profit for the first three quarters of 2016 was ¥31,965,700, indicating a substantial improvement in profitability for 2017[68]. Revenue Breakdown - The production and sales of lead frames reached 54.14 billion and 53.08 billion units, respectively, with revenue from this segment growing by 26.13% to CNY 331.47 million[41]. - Bonding wire production and sales were 712.88 and 660.43 kilograms, respectively, with revenue increasing by 21.53% to CNY 129.19 million[41]. - The production and sales of electrode wire reached 2,675.33 and 2,632.24 tons, with revenue surging by 68.38% to CNY 111.29 million[42]. - Revenue from the manufacturing sector reached CNY 577,359,427.55, accounting for 98.23% of total revenue, with a significant year-on-year growth of 30.56%[49]. - The revenue from lead frame products was CNY 331,469,728.35, which accounted for 56.39% of total revenue, with a year-on-year growth of 26.13%[47]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,682,126,272.52, a 5.91% increase from ¥1,588,258,374.19 at the end of the previous year[18]. - The net assets attributable to shareholders increased to ¥709,094,060.63, up 1.83% from ¥696,359,209.98 at the end of the previous year[18]. - Total liabilities reached CNY 909,060,077.75, compared to CNY 833,813,382.10 at the beginning of the period, reflecting an increase of about 9.0%[120]. - The company's equity attributable to shareholders increased to CNY 709,094,060.63 from CNY 696,359,209.98, showing a growth of approximately 1.9%[121]. Cash Flow - The company reported a net cash flow from operating activities of -¥31,613,404.85, a decline of 152.97% compared to ¥59,676,637.13 in the same period last year[18]. - Cash flow from operating activities showed a net outflow of CNY 31,613,404.85, a decrease of 152.97% compared to the previous year, primarily due to increased cash expenditures for purchasing goods[45]. - The net cash flow from financing activities was CNY 23,553,892.83, a substantial increase of 1,399.96% attributed to increased borrowings during the period[45]. - The total cash outflow from operating activities is CNY 673,047,268.58, an increase from CNY 485,946,521.47 in the previous period[136]. Research and Development - The company continues to focus on innovation and has established a provincial-level R&D center to develop new products that meet market demands[30]. - The company's R&D investment increased by 43.96% to CNY 23,384,945.00, driven by the expansion of ongoing R&D projects[45]. Market Position and Industry Outlook - The semiconductor industry in China is projected to maintain rapid growth, with a sales increase of 20.1% in 2016, reaching CNY 433.55 billion[36]. - The company has been recognized as one of the most influential enterprises in the semiconductor support industry in China[37]. - The semiconductor industry is experiencing a recovery, leading to significant growth in production and sales revenue for the company's main manufacturing products compared to the previous year[68]. Risk Factors - The company faces risks related to the semiconductor industry's cyclical nature, which significantly impacts its operational performance[69]. - Over 80% of the company's raw material costs are attributed to copper, gold, and silver, making it vulnerable to price fluctuations in these metals[69]. - The company plans to continuously adapt to market changes by developing higher value-added new products to mitigate industry risks[69]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,014, with major shareholders holding significant stakes[103]. - The largest shareholder, Ningbo Pulisais Electronic Co., Ltd., holds 19.72% of the shares, amounting to 40,664,400 shares[103]. Corporate Governance and Compliance - The company has not engaged in any significant equity or non-equity investments during the reporting period[63][64]. - There were no major asset or equity sales during the reporting period[65][66]. - The company has not reported any significant litigation issues related to its derivative investments[62]. - The company has no reported violations regarding external guarantees during the reporting period[93]. Environmental and Social Responsibility - The company has established a charity fund, contributing CNY 300,000 annually for poverty alleviation since August 2007[95]. - There were no significant environmental protection issues reported, and the company is not listed as a key pollutant discharge unit[97].

Financial Performance - Revenue for Q1 2017 was CNY 266,873,844.02, an increase of 3.01% compared to CNY 259,080,763.46 in the same period last year[8]. - Net profit attributable to shareholders was CNY 13,595,398.06, representing an 81.15% increase from CNY 7,504,944.84 year-on-year[8]. - Net profit excluding non-recurring gains and losses reached CNY 11,224,310.11, up 174.01% from CNY 4,096,288.30 in the previous year[8]. - Basic earnings per share increased by 75.00% to CNY 0.07 from CNY 0.04 in the previous year[8]. - The net profit attributable to the parent company increased by 6.09 million yuan, an increase of 81.15%, mainly due to significant growth in production and sales revenue of key products in the manufacturing sector[16]. - The net profit attributable to shareholders for the first half of 2017 is expected to range from 27 million to 35 million RMB, representing a year-on-year increase of 53.59% to 99.10%[20]. Cash Flow and Assets - Operating cash flow for the period was CNY 2,806,123.00, a significant improvement of 145.71% from a negative CNY 6,138,925.02 in the same period last year[8]. - The net cash flow from operating activities increased by 8.95 million yuan, an increase of 145.71%, primarily due to an increase in cash received from sales of goods[16]. - The net cash flow from investing activities decreased by 3.04 million yuan, a decrease of 97.39%, mainly due to increased cash payments for the purchase of fixed assets[16]. - The net cash flow from financing activities decreased by 41.61 million yuan, a decrease of 150.51%, primarily due to an increase in loans in the previous year[16]. - Total assets at the end of the reporting period were CNY 1,593,149,532.31, a slight increase of 0.31% from CNY 1,588,258,374.19 at the end of the previous year[8]. - Net assets attributable to shareholders rose to CNY 709,954,608.04, reflecting a 1.95% increase from CNY 696,359,209.98 at the end of the last year[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,223[12]. - The largest shareholder, Ningbo Pulisais Electronic Co., Ltd., held 19.72% of the shares, amounting to 40,664,400 shares[12]. Non-Recurring Gains and Other Financial Metrics - The company reported non-recurring gains of CNY 2,371,087.95, primarily from government subsidies and asset disposals[9]. - The amount of prepayments increased by 2.48 million yuan, an increase of 87.64%, mainly due to an increase in prepaid goods during the period[16]. - The total liabilities for employee compensation decreased by 12.16 million yuan, a decrease of 66.56%, mainly due to the payment of previously owed employee compensation[16]. - The investment income decreased by 306,800 yuan, a decrease of 78.50%, primarily due to a reduction in non-effective hedging settlement gains[16]. - The tax and additional charges increased by 1.53 million yuan, an increase of 117.91%, mainly due to adjustments in reporting categories for property tax, land use tax, and stamp duty[16]. - The asset impairment loss decreased by 3.66 million yuan, a decrease of 93.70%, mainly due to a reduction in inventory write-downs and bad debt provisions[16]. - The fair value change income decreased by 208,600 yuan, a decrease of 33.64%, mainly due to changes in the fair value of gold T+D and ineffective hedging[16]. Future Plans and Corporate Governance - The company is implementing management transformation and upgrading to improve operational efficiency and product quality, aiming to reduce costs and increase efficiency[20]. - The company committed to distributing cash dividends amounting to no less than 30% of the annual distributable profit over the next three years (2015-2017) after fulfilling legal reserve requirements[19]. - The company plans to propose mid-term cash dividends based on profitability and funding needs, with specific ratios to be determined by the board of directors[19]. - The board of directors will consider stock dividends if the company's stock price does not match its capital scale while ensuring cash dividend distribution[19]. - The company aims to ensure that the total share capital after stock dividend distribution aligns with its operational scale and profit growth rate[19]. - The company has no violations regarding external guarantees during the reporting period[21]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[22]. - The company did not engage in any research, communication, or interview activities during the reporting period[23].

Financial Performance - The company's operating revenue for 2016 was ¥1,196,754,513.55, representing a 17.21% increase compared to ¥1,021,033,968.42 in 2015[16] - The net profit attributable to shareholders in 2016 was ¥43,617,898.34, a significant turnaround from a loss of ¥57,279,608.93 in 2015, marking a 176.15% increase[16] - The net profit after deducting non-recurring gains and losses was ¥43,229,695.47, up 208.73% from a loss of ¥39,758,042.05 in the previous year[16] - The net cash flow from operating activities was ¥156,375,237.52, a slight increase of 2.70% from ¥152,260,862.70 in 2015[16] - Basic earnings per share for 2016 were ¥0.21, compared to a loss of ¥0.28 per share in 2015, reflecting a 175.00% improvement[16] - Total assets at the end of 2016 were ¥1,588,258,374.19, an increase of 11.13% from ¥1,429,241,477.64 at the end of 2015[17] - The net assets attributable to shareholders increased by 6.68% to ¥696,359,209.98 at the end of 2016, up from ¥652,741,311.64 in 2015[17] - The weighted average return on equity was 6.47% in 2016, a significant improvement of 14.88 percentage points from -8.41% in 2015[16] Revenue Breakdown - The manufacturing sector contributed ¥988,782,227.05, accounting for 82.62% of total revenue, with an 18.87% increase from the previous year[40] - The revenue from other businesses grew by 81.98% to ¥161,625,767.99, indicating successful diversification efforts[42] - The company reported an operating profit of CNY 65.26 million, which is an increase of 225.63% from the previous year[36] Market and Product Development - The company has a total of 25 invention patents and 42 utility model patents, indicating a strong focus on R&D and innovation[32] - The company’s key products, including lead frames and bonding wires, have achieved a market coverage rate of 60% among major domestic semiconductor packaging enterprises[33] - The company plans to develop 15 new products in 2017, including high-strength alloy gold wire and various silver-plated frames, with 6 projects continuing from the previous year[83] Cash Dividend and Shareholder Returns - The company plans to distribute a cash dividend of ¥1.00 per 10 shares to all shareholders, based on a total of 206,200,000 shares[4] - The company plans to distribute cash dividends of 20.62 million RMB for the 2016 fiscal year, representing 47.27% of the net profit attributable to shareholders[91] - The cash dividend accounts for 100% of the total profit distribution[92] Environmental and Social Responsibility - The company has implemented clean production measures, achieving an 85% reuse rate of wastewater, positioning itself as a leader in waste treatment and resource utilization in the industry[32] - The company has committed to donating 300,000 yuan annually to the "Kangqiang Charity Poverty Alleviation Fund" since its establishment in August 2007[126] - The company achieved a water reuse rate of over 85%, reflecting its commitment to environmental sustainability[129] Governance and Compliance - The company has committed to maintaining independence and avoiding competition with its controlling shareholder post-transaction[95] - The company has strictly adhered to commitments regarding related party transactions and has ensured no illegal occupation of assets[96] - The company’s governance structure complies with the requirements of the Company Law and relevant regulations from the China Securities Regulatory Commission[172] Employee and Management Structure - The total number of employees in the company is 902, with 437 in the parent company and 465 in major subsidiaries[166] - The management team includes professionals with diverse backgrounds in finance, engineering, and law, contributing to a well-rounded leadership[158] - The company follows a performance-oriented compensation distribution mechanism, with total compensation for directors, supervisors, and senior management amounting to 747.61 million yuan[165] Financial Health and Risk Management - The company reported zero significant defects in both financial and non-financial internal controls, indicating strong internal governance[187] - The audit opinion for the financial statements was a standard unqualified opinion, confirming compliance with accounting standards[195] - The company has a structured approach to managing financial risks associated with guarantees and entrusted financial management[117]

宁波康强电子股份有限公司 2016 年第三季度报告正文 所有董事均已出席了审议本次季报的董事会会议。 公司负责人郑康定、主管会计工作负责人殷夏容及会计机构负责人(会计主 管人员)殷夏容声明：保证季度报告中财务报表的真实、准确、完整。 2 宁波康强电子股份有限公司 2016 年第三季度报告正文 第二节 主要财务数据及股东变化 证券代码：002119 证券简称：康强电子 公告编号：2016-027 宁波康强电子股份有限公司 2016 年第三季度报告正文 1 宁波康强电子股份有限公司 2016 年第三季度报告正文 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。 宁波康强电子股份有限公司 2016 年第三季度报告正文 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》中列举的非经常性损益项目界定为经常性损益的项目，应 说明原因 √ 适用 □ 不适用 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 | | 本报告期末 | ...