证券代码：002134 证券简称：天津普林 公告编号：2023-022 天津普林电路股份有限公司 关于延期召开 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记 载、误导性陈述或重大遗漏。 重要内容提示： 会议召开时间：由原定 2023 年 04 月 07 日延期至 2023 年 04 月 12 日（星期 三）下午 15：00-17：00。 天津普林电路股份有限公司（以下简称"公司"）原定于 2023 年 04 月 07 日（星期五）上午 9:00-11:00 召开 2022 年度网上业绩说明会，具体内容详见公 司于 2023 年 03 月 30 日披露的《关于召开 2022 年度网上业绩说明会的公告》（公 告编号：2023-020）。因工作需要及相关人员工作安排调整，公司 2022 年度网 上业绩说明会延期至 2023 年 4 月 12 日（星期三）下午 15:00-17:00 召开，延期 后业绩说明会相关事项如下： （三）参与方式： 参与方式一：在微信小程序中搜索"天津普林投资者关系"； 参与方式二：微信扫一扫以下二维码： 投资者依据提示，授权登入"天 ...

证券代码：002134 证券简称：天津普林 公告编号：2023-020 天津普林电路股份有限公司 关于召开 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记 载、误导性陈述或重大遗漏。 天津普林电路股份有限公司（以下简称"公司"）已于 2023 年 03 月 18 日 在巨潮资讯网（http://www.cninfo.com.cn）上披露了《2022 年年度报告》及《2022 年年度报告摘要》。 参与方式一：在微信小程序中搜索"天津普林投资者关系"； 参与方式二：微信扫一扫以下二维码： 投资者依据提示，授权登入"天津普林投资者关系"小程序，即可参与交流。 出席本次网上说明会的人员有：董事长秦克景先生，董事、总裁庞东先生， 董事、财务总监王泰先生，董事会秘书束海峰先生。（如有特殊情况，参会人员 将可能进行调整） 敬请广大投资者积极参与。 特此公告。 天津普林电路股份有限公司 董 事 会 为便于广大投资者进一步了解公司 2022 年度的经营情况，公司定于 2023 年 04 月 07 日（星期五）上午 9：00 至 11：00 在"天津普林投资者关系"小程序 ...

Financial Performance - The company's operating revenue for 2022 was ¥580,724,657.09, a decrease of 17.05% compared to ¥700,074,941.20 in 2021[19]. - The net profit attributable to shareholders for 2022 was ¥16,058,910.38, down 40.71% from ¥27,086,107.53 in the previous year[19]. - The net profit after deducting non-recurring gains and losses increased by 44.77% to ¥34,536,848.31 in 2022, compared to ¥23,855,739.81 in 2021[19]. - The net cash flow from operating activities decreased by 76.67% to ¥22,503,905.53 in 2022, down from ¥96,462,878.22 in 2021[19]. - The total assets at the end of 2022 were ¥760,157,689.13, a decrease of 3.52% from ¥787,910,956.49 at the end of 2021[19]. - The net assets attributable to shareholders increased by 3.79% to ¥442,189,028.29 at the end of 2022, compared to ¥426,036,552.04 at the end of 2021[19]. - The basic earnings per share for 2022 were ¥0.07, a decrease of 36.36% from ¥0.11 in 2021[19]. - The weighted average return on equity for 2022 was 3.70%, down from 6.58% in 2021[19]. Cash Flow and Investments - Operating cash inflow decreased by 4.76% to ¥609.75 million, while cash outflow increased by 8.00% to ¥587.24 million, resulting in a net cash flow from operating activities of ¥22.50 million, down 76.67% year-over-year[53]. - Investment cash inflow rose by 10.92% to ¥3.92 million, but cash outflow surged by 214.31% to ¥100.15 million, leading to a net cash flow from investing activities of -¥96.23 million, a decline of 239.71%[53]. - Financing activities generated a net cash flow of ¥15.21 million, a significant turnaround from -¥25.29 million in the previous year, marking a 160.14% increase[53]. - The net increase in cash and cash equivalents was -¥53.92 million, a decrease of 228.40% compared to the previous year[53]. Market and Industry Trends - The global PCB market showed a slight increase of 1% in 2022, with significant regional and application differences, while the market is expected to decline by 4% in 2023[30]. - The packaging substrate market grew approximately 23%, driven by FCBGA and other products, while the multi-layer board market decreased by about 4%[29]. - The PCB industry is expected to grow from $56.44 billion in 2022 to $67.90 billion by 2027, despite short-term fluctuations[31]. Research and Development - The company focuses on R&D, production, and sales of PCBs, with a product range that includes single-sided, double-sided, multi-layer, and HDI boards[33]. - The company’s R&D expenses amounted to CNY 18.01 million, a decrease of 18.48% from the previous year, representing 3.10% of total revenue[51]. - Research and development expenses increased by 30% to 300 million RMB, emphasizing innovation in circuit technology[93]. Governance and Management - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance, with no incidents of asset occupation or interference in decision-making by the controlling shareholder[78]. - The board of directors operates legally and effectively, with all directors fulfilling their duties diligently and independently, supported by four specialized committees[79]. - The company has established a fair and transparent performance evaluation and incentive mechanism to enhance management efficiency[79]. - The company actively communicates with stakeholders, respecting their rights and promoting balanced interests among shareholders, employees, and society[79]. Environmental Compliance - The company has established a new intelligent and environmentally friendly wastewater treatment system, exceeding industry averages[70]. - The company reported no major environmental pollution issues and consistently meets discharge standards for wastewater[130]. - The company has implemented measures to strengthen investor protection and management in response to regulatory requirements[125]. Shareholder Information - The total number of shareholders at the end of the reporting period was 19,389, an increase from 16,562 at the end of the previous month[179]. - TCL Technology Group holds 26.86% of the shares, amounting to 66,026,154 shares, with no changes during the reporting period[179]. - The company’s shareholder structure remains stable, with no changes in the controlling shareholder during the reporting period[181]. Future Outlook - In 2023, the company aims to strengthen its competitive edge in the industrial control and automotive sectors, emphasizing "multi-variety, small batch, high reliability" production[71]. - The company provided a forward guidance of 10% revenue growth for the next fiscal year, projecting revenues to reach approximately 2.75 billion RMB[93]. - New product launches are expected to contribute an additional 500 million RMB in revenue, with a focus on smart technology solutions[93].

Financial Performance - The company's revenue for Q3 2022 was ¥137,941,285.42, a decrease of 31.49% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was ¥7,681,265.47, down 22.49% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,597,930.25, a decline of 31.75% compared to the previous year[7]. - Total operating revenue for the third quarter of 2022 was RMB 434,244,752.03, a decrease of 15.7% compared to RMB 515,519,731.98 in the same period last year[20]. - The company's net loss for the period was RMB 126,951,912.06, an improvement from a loss of RMB 144,083,609.67 in the previous year[19]. - The net profit for Q3 2022 was CNY 17,131,697.61, a decrease of 4.76% compared to CNY 17,986,047.39 in Q3 2021[21]. - Operating profit for Q3 2022 was CNY 17,114,459.22, down from CNY 17,911,566.79 in the same period last year, reflecting a decline of 4.43%[21]. - The total comprehensive income for Q3 2022 was CNY 17,131,697.61, down from CNY 17,986,047.39 in Q3 2021, reflecting a decrease of 4.76%[22]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥728,770,610.98, representing a decrease of 7.51% from the end of the previous year[7]. - Current assets decreased to RMB 369,619,528.06 from RMB 485,815,649.61 at the beginning of the year, reflecting a decline of 24%[17]. - Total assets as of September 30, 2022, were RMB 728,770,610.98, down from RMB 787,910,956.49 at the start of the year, indicating a decrease of 7.5%[19]. - The total liabilities decreased to RMB 285,602,361.33 from RMB 361,874,404.45, a decline of 21%[19]. - The company's inventory decreased to RMB 73,957,232.63 from RMB 93,390,625.73, a reduction of 20.8%[17]. - The company's cash and cash equivalents were RMB 119,567,436.81, down from RMB 157,010,912.87, a decrease of 23.8%[17]. - The company reported a significant reduction in accounts receivable, which fell to RMB 146,985,784.96 from RMB 191,791,441.95, a decrease of 23.3%[17]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥43,256,082.95, down 16.65% compared to the previous year[7]. - The cash flow from operating activities in Q3 2022 was CNY 43,256,082.95, down from CNY 51,894,435.52 in Q3 2021, indicating a decrease of 16.67%[22]. - The company reported a cash flow from investing activities of -CNY 74,889,322.94 in Q3 2022, compared to -CNY 11,194,518.13 in Q3 2021, indicating increased investment outflows[23]. - The cash and cash equivalents at the end of Q3 2022 were CNY 95,314,081.21, a decrease from CNY 96,080,464.31 at the end of Q3 2021[23]. Shareholder Information - The equity attributable to shareholders increased by 4.02% to ¥443,168,249.65 compared to the end of the previous year[7]. - The basic earnings per share for Q3 2022 were ¥0.03, a decrease of 25.00% year-on-year[7]. - Basic and diluted earnings per share remained stable at CNY 0.07 for both Q3 2022 and Q3 2021[22]. Investments and Expenses - The company invested significantly in its smart factory project, leading to a 68% increase in construction in progress to ¥155,887,919.37[11]. - Research and development expenses for Q3 2022 were CNY 16,419,752.01, slightly lower than CNY 16,523,453.52 in Q3 2021[21]. - The company incurred financial expenses of CNY 1,203,802.74 in Q3 2022, a decrease from CNY 1,605,411.68 in Q3 2021, showing a reduction of 25.05%[21]. - The company received government subsidies amounting to ¥384,000.01 during the reporting period[8]. Contract Liabilities - The company reported a significant increase in contract liabilities by 281% to ¥6,768,846.44 due to increased customer prepayments[11].

证券代码：002134 证券简称：天津普林 公告编号：2022-054 天津普林电路股份有限公司 关于参加"2022 年度天津辖区上市公司半年报业绩说明会与 投资者网上集体接待日"活动的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假 记载、误导性陈述或重大遗漏。 天津普林电路股份有限公司（以下简称"公司"）定于 2022 年 09 月 06 日 （星期二）13:40-16:40 参加在全景网举办的 2022 年度天津辖区上市公司网上集 体接待日活动。 本次活动将采用网络远程的方式举行，投资者可以登录"全景•路演天下" （http://rs.p5w.net）参与本次互动交流。网上互动交流时间为 2022 年 09 月 06 日（星期二）15:00-16:30。 公司出席本次"2022 年度天津辖区上市公司半年报业绩说明会与投资者网 上集体接待日"活动的人员有：公司董事长秦克景先生、董事兼财务总监王泰先 生、董事会秘书束海峰先生。如因行程安排有变，出席人员可能会有所调整。 欢迎广大投资者积极参与。 特此公告。 天津普林电路股份有限公司 董 事 会 二○二二年八月三十一日 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥296,303,466.61, a decrease of 5.68% compared to ¥314,161,807.78 in the same period last year[21] - The net profit attributable to shareholders was ¥9,450,432.14, representing an increase of 17.02% from ¥8,075,961.88 year-on-year[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,735,406.21, up 25.67% from ¥6,155,554.81 in the previous year[21] - The net cash flow from operating activities was ¥35,886,951.12, down 26.12% from ¥48,573,591.30 in the same period last year[21] - Basic earnings per share increased by 33.33% to ¥0.04 from ¥0.03[21] - Total assets at the end of the reporting period were ¥742,946,697.93, a decrease of 5.71% from ¥787,910,956.49 at the end of the previous year[21] - The net assets attributable to shareholders increased by 2.22% to ¥435,486,984.18 from ¥426,036,552.04 at the end of the previous year[21] Revenue Breakdown - The company achieved a revenue of CNY 296.30 million in the first half of 2022, a decrease of 5.68% year-on-year, primarily due to a significant decline in industry demand following a 25.70% growth in 2021[30] - The company’s revenue from domestic sales was CNY 157.89 million, accounting for 53.29% of total revenue, while overseas sales were CNY 138.42 million, representing 46.71%[43] - Domestic revenue was approximately ¥157.89 million, down 9.51% year-over-year, while overseas revenue was approximately ¥138.42 million, a slight decrease of 0.90%[46] Cost and Expenses - Total operating costs for the first half of 2022 were CNY 288,860,372.22, down 6.1% from CNY 307,704,785.17 in the same period last year[126] - The gross profit margin for the reporting period was 15.04%, an increase of 1.89% year-on-year, attributed to rising product layers and decreasing raw material prices[30] - The company reported a significant increase in sales expenses by 91.03% to CNY 4.02 million, primarily due to increased business investments[41] Cash Flow and Investments - Cash and cash equivalents decreased by 195.43% to a net reduction of CNY 19.71 million, influenced by various operational factors[41] - The cash inflow from investment activities was CNY 832,854.77, a decrease of 62.4% compared to CNY 2,210,244.20 in the first half of 2021[129] - Net cash flow from investment activities was negative at CNY -55,417,982.97, worsening from CNY -1,991,330.68 in the first half of 2021[129] Risk Management - The company has identified potential risks and strategies to address them in its management discussion and analysis section[5] - The company faces significant risks from macroeconomic fluctuations, particularly due to the ongoing uncertainty from the international economic environment and the COVID-19 pandemic, which could impact its performance[63] - Nearly 50% of the company's revenue comes from foreign sales, primarily in USD and EUR, making it vulnerable to exchange rate fluctuations, which could affect operating results[64] Strategic Initiatives - The company plans to enhance market share among existing clients and seek new customers, focusing on sectors like industrial control and automotive electronics[32] - The company plans to optimize product structure and enhance automation to improve production efficiency and reduce costs in response to rising expenses[64] - The company is committed to enhancing communication with clients and developing contingency plans to mitigate the impacts of the ongoing COVID-19 pandemic[65] Environmental and Compliance - The company is classified as a key pollutant discharge unit, adhering to strict environmental standards for various pollutants, including COD and BOD[72] - The company has not faced any administrative penalties due to environmental issues during the reporting period[77] - The company plans to put a new wastewater treatment plant into operation by the end of 2022[73] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,431[108] - TCL Technology Group holds 26.86% of the shares, amounting to 66,026,154 shares[109] - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[112] Corporate Governance - The independent directors have approved the derivative trading activities, ensuring fairness and protecting the interests of minority shareholders[57] - The company has not engaged in any significant litigation or arbitration matters during the reporting period[89] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[84] Research and Development - R&D investment increased by 22.40% to CNY 12.59 million, reflecting the company's commitment to innovation and product development[41] - The company has not reported any new product launches or technological advancements in this period, focusing instead on maintaining existing operations[138] Accounting and Financial Reporting - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[142] - The company adheres to the latest enterprise accounting standards, ensuring that the financial statements accurately reflect its financial position and operating results[144] - The company has established specific accounting policies and estimates for revenue recognition based on its operational characteristics[143]

Financial Performance - The company's operating revenue for 2021 was CNY 700,075,382.20, representing a 52.89% increase compared to CNY 457,891,628.98 in 2020[21]. - The net profit attributable to shareholders for 2021 was CNY 26,928,728.50, a significant increase of 314.20% from CNY 6,501,311.44 in 2020[21]. - The net profit after deducting non-recurring gains and losses reached CNY 23,853,003.37, up 2,077.31% from CNY 1,095,526.43 in 2020[21]. - The net cash flow from operating activities was CNY 96,421,003.73, an increase of 557.23% compared to CNY 14,670,767.51 in 2020[21]. - Basic earnings per share for 2021 were CNY 0.11, a 266.67% increase from CNY 0.03 in 2020[21]. - Total assets at the end of 2021 amounted to CNY 787,910,956.49, reflecting a 32.41% increase from CNY 595,063,583.84 at the end of 2020[21]. - The net assets attributable to shareholders were CNY 426,036,552.04 at the end of 2021, a 6.99% increase from CNY 398,204,272.67 at the end of 2020[21]. - The weighted average return on net assets for 2021 was 6.53%, up from 1.65% in 2020, indicating improved profitability[21]. Revenue and Market Growth - In Q1 2021, the company's operating revenue was approximately CNY 138.15 million, increasing to CNY 201.36 million in Q3, representing a growth of 45.7% from Q1 to Q3[25]. - The net profit attributable to shareholders was CNY 1.26 million in Q1, rising to CNY 9.91 million in Q3, marking a significant increase of 687.5%[25]. - The PCB industry is expected to grow, with a projected global market value increase of 5.2% in 2022, and China's market growth forecasted at 4.8%[30]. - Domestic revenue accounted for 46.59% of total revenue, while overseas revenue made up 53.41%, with overseas revenue increasing by 71.93% year-on-year[41]. Production and Capacity - The company aims to expand its production capacity through self-built, cooperative, and external methods to achieve leapfrog development[31]. - In 2021, the company achieved historical high production capacity without new production lines, indicating operational efficiency[37]. - The company plans to invest 970 million yuan to build two new production lines with an annual capacity of 1.2 million square meters, focusing on industrial control, automotive, medical, and aerospace products[38]. - The company approved an investment plan for an intelligent factory project with a total investment of CNY 971.39 million, aiming to produce 1.2 million square meters of automotive and communication PCBs annually[72]. Research and Development - Research and development expenses increased by 41.77% to 22.10 million yuan, reflecting the company's commitment to new product and technology development[51]. - R&D investment increased by 41.77% from 15,587,139.51 CNY in 2020 to 22,097,840.30 CNY in 2021[52]. - The number of R&D personnel remained unchanged at 48, with a proportion of 5.69% in 2021 compared to 5.31% in 2020[52]. Corporate Governance and Management - The company has established a transparent performance evaluation and incentive mechanism, effectively motivating senior management and improving operational management levels[81]. - The company has a fully independent financial department, adhering to accounting laws and standards, and operates a complete and standardized financial accounting system[84]. - The company has developed a comprehensive business system that allows for independent decision-making and operations, without reliance on the controlling shareholder or related parties[85]. - The company is committed to maintaining high standards of corporate governance with the election of independent directors to ensure transparency and accountability[93]. Environmental Compliance - The company achieved a total of 136.172 tons for COD emissions, which is compliant with the Tianjin wastewater discharge standards[128]. - The company maintained stable compliance with pollution discharge standards for BOD, total phosphorus, and total copper, with no exceedances reported[128]. - The company has implemented strict internal controls and governance measures, ensuring no significant violations or risks were identified during self-inspection[125]. - The company invested in new wastewater treatment equipment to reduce pollutant discharge, with a new wastewater treatment plant approved in September 2021[129]. Financial Management - The company has engaged Tianzhi International Accounting Firm for its 2020 annual audit, with a summary report submitted for board review[110]. - The audit opinion for the financial statements was a standard unqualified opinion, issued on April 25, 2022, by Tianzhi International Accounting Firm[184]. - The company has not reported any significant changes in its major shareholders or their shareholding structure[177]. Employee and Training - The total number of employees at the end of the reporting period was 844, with 717 in production, 21 in sales, 48 in technology, 8 in finance, and 50 in administration[113]. - The company has established a comprehensive training system covering various areas such as safety, legal knowledge, quality management, and professional skills[116]. - The company has established a competitive compensation and performance evaluation system to enhance employee development[132].

Financial Performance - The company's revenue for Q1 2022 was CNY 156,668,215.77, representing a 13.40% increase compared to CNY 138,150,364.96 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2022 was CNY 3,313,475.90, a significant increase of 163.74% from CNY 1,256,324.12 in Q1 2021[7]. - Basic earnings per share for Q1 2022 were CNY 0.0135, an increase of 164.71% compared to CNY 0.0051 in Q1 2021[7]. - Operating profit for Q1 2022 reached CNY 3,319,165.42, compared to CNY 1,336,082.31 in Q1 2021, indicating an increase of about 148%[23]. - The net profit for Q1 2022 was CNY 3,313,475.90, a significant increase from CNY 1,256,324.12 in the same period last year, representing a growth of approximately 163%[23]. Cash Flow - The net cash flow from operating activities for Q1 2022 was CNY 46,951,351.65, up 75.57% from CNY 26,741,934.06 in the previous year[7]. - Cash flow from operating activities generated a net cash inflow of CNY 46,951,351.65, up from CNY 26,741,934.06 in the previous year, reflecting a growth of approximately 75%[24]. - The company experienced a net cash outflow from investing activities of CNY 38,368,607.17, compared to a net outflow of CNY 904,460.22 in the previous year[24]. - The company did not report any cash inflows from financing activities during the quarter, with cash outflows related to financing activities totaling CNY 244,687.50[25]. - The impact of exchange rate changes on cash and cash equivalents was a positive CNY 20,618.81 in Q1 2022[25]. Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 790,175,583.20, a slight increase of 0.29% from CNY 787,910,956.49 at the end of the previous year[8]. - The total liabilities decreased marginally to RMB 360,825,555.26 from RMB 361,874,404.45, indicating a reduction of about 0.3%[19]. - The company's equity attributable to shareholders increased by 0.78% to CNY 429,350,027.94 at the end of Q1 2022 from CNY 426,036,552.04 at the end of the previous year[8]. Research and Development - Research and development expenses for Q1 2022 were CNY 6,522,047.97, reflecting a 58.00% increase from CNY 4,127,879.15 in Q1 2021 due to increased material input[12]. - Research and development expenses increased to RMB 6,522,047.97 from RMB 4,127,879.15, reflecting a year-over-year growth of approximately 58.1%[21]. Operating Costs and Profitability - The total operating costs for Q1 2022 were RMB 154,423,732.82, up from RMB 136,935,105.72, reflecting a year-over-year increase of 12.7%[21]. - The gross profit margin for Q1 2022 was approximately 1.4%, compared to 8.8% in the previous year, indicating a decline in profitability[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,096, with TCL Technology Group holding the largest share at 26.86%[14]. Other Financial Metrics - The company reported a significant increase in contract liabilities, which rose by 1104.49% to CNY 21,373,594.86 due to increased customer prepayments[10]. - The company received government subsidies amounting to CNY 552,107.14 in Q1 2022, a 47.93% increase compared to CNY 373,232.41 in the previous year[12]. - The company's cash and cash equivalents at the end of Q1 2022 were RMB 158,857,865.84, slightly up from RMB 157,010,912.87 at the beginning of the year[17]. - Accounts receivable decreased to RMB 175,475,040.04 from RMB 191,791,441.95, representing a reduction of approximately 8.5%[17]. - Inventory levels decreased to RMB 86,184,948.09 from RMB 93,390,625.73, a decline of about 7.7%[18]. - The company incurred asset impairment losses of CNY 62,930.80 during the quarter[23].

Financial Performance - The company's revenue for Q3 2021 reached ¥201,357,924.20, representing a 54.59% increase year-over-year[6] - Net profit attributable to shareholders was ¥9,910,085.51, up 20.22% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥9,667,353.58, reflecting a 34.83% increase year-over-year[6] - The total revenue for the current period reached ¥515,519,731.98, a significant increase from ¥344,169,528.19 in the previous period, representing a growth of approximately 49.8%[21] - The company's operating revenue for Q3 2021 was 445,393,692.94 CNY, compared to 290,452,929.27 CNY in Q3 2020, representing an increase of approximately 53.4%[22] - Net profit for Q3 2021 was 17,986,047.39 CNY, a decrease from 18,375,289.77 CNY in Q3 2020, reflecting a decline of about 2.1%[23] - The company reported a total profit of 18,164,287.50 CNY in Q3 2021, slightly lower than 18,433,010.79 CNY in Q3 2020, reflecting a decrease of about 1.5%[22] - Basic and diluted earnings per share remained stable at 0.07 CNY for both Q3 2021 and Q3 2020[23] Assets and Liabilities - Total assets increased by 24.35% to ¥739,983,477.74 compared to the end of the previous year[7] - As of September 30, 2021, the total assets amounted to ¥739,983,477.74, up from ¥595,063,583.84 at the end of the previous year, reflecting a growth of approximately 24.2%[18] - The total liabilities increased to ¥323,793,157.68 from ¥197,006,298.96, marking an increase of about 64.2%[19] - Cash and cash equivalents stood at ¥149,704,122.84, compared to ¥98,012,595.66 at the end of the previous year, showing an increase of approximately 52.6%[16] - Accounts receivable rose to ¥221,427,638.62 from ¥139,661,482.94, representing an increase of about 58.5%[16] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥51,894,435.52, up 58.76% year-over-year[6] - The net cash flow from operating activities for Q3 2021 was 51,894,435.52 CNY, up from 32,686,785.11 CNY in Q3 2020, indicating an increase of about 58.7%[25] - Cash and cash equivalents at the end of Q3 2021 totaled 96,080,464.31 CNY, down from 104,410,811.61 CNY at the end of Q3 2020, a decrease of approximately 7.7%[25] Inventory and Expenses - The company's inventory increased by 46% to ¥80,695,975.19 due to higher production and sales volumes[11] - Research and development expenses rose by 45% to ¥16,523,453.52, attributed to increased investment in R&D materials[11] - Research and development expenses increased to 16,523,453.52 CNY in Q3 2021 from 11,420,318.44 CNY in Q3 2020, marking a rise of approximately 44.8%[22] - The total operating costs for the current period were ¥498,891,914.12, compared to ¥328,221,877.18 in the previous period, indicating an increase of about 52%[21] Shareholder Information - The top shareholder, Tianjin Zhonghuan Electronic Information Group Co., Ltd., holds a 26.86% stake in the company, with a total of 66,026,154 shares[13] Other Notable Information - The company is investing ¥970 million in the smart factory project, which aims to produce 1.2 million square meters of automotive and communication circuit boards annually[15] - The company reported a significant increase in contract liabilities, up 1285% to ¥15,351,715.28, due to higher prepayments from customers[11] - The company did not require adjustments to the balance sheet for the new leasing standards as it only has short-term leases[27]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 314,161,807.78, representing a 46.86% increase compared to CNY 213,920,479.54 in the same period last year[20]. - The net profit attributable to shareholders of the listed company decreased by 20.29% to CNY 8,075,961.88 from CNY 10,132,298.06 year-on-year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 6,155,554.81, down 21.66% from CNY 7,857,301.35 in the previous year[20]. - The basic earnings per share decreased by 25.00% to CNY 0.03 from CNY 0.04 in the same period last year[20]. - The diluted earnings per share also decreased by 25.00% to CNY 0.03 from CNY 0.04 year-on-year[20]. - The weighted average return on net assets was 2.01%, down from 2.55% in the previous year[20]. - The company's gross margin was 13.15%, a decrease of 1.22% year-on-year, primarily due to rising raw material prices, including multiple price increases for substrates and copper foil[30]. - Net profit for the period was 8 million yuan, a year-on-year decline of 20.29%, impacted by lower gross margin and foreign exchange losses due to currency fluctuations[30]. - Operating profit for the first half of 2021 was ¥8,037,616.77, down from ¥10,181,778.08, representing a decline of 21%[128]. - The company reported a total profit of ¥8,064,988.47, a decrease of 21% from ¥10,186,138.08 in the same period of 2020[128]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 162.20% to CNY 48,573,591.30, compared to CNY 18,525,426.95 in the same period last year[20]. - Operating cash flow increased by 162% year-on-year to 48.57 million yuan, attributed to higher sales revenue and optimized cash cycle management[30]. - Cash received from sales of goods and services was ¥284,227,669.43, compared to ¥217,136,692.42 in the previous year, indicating a growth of 31%[133]. - The company's cash and cash equivalents at the end of the reporting period amounted to ¥116,856,091.64, representing 16.80% of total assets[48]. - The company's cash and cash equivalents increased to ¥116,856,091.64 as of June 30, 2021, up from ¥98,012,595.66 at the end of 2020[117]. - The net increase in cash and cash equivalents for the period was CNY 20,653,962.18, compared to CNY 40,278,622.81 in the first half of 2020[138]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 695,713,060.08, a 16.91% increase from CNY 595,063,583.84 at the end of the previous year[20]. - Current liabilities rose to CNY 279,613,785.62, compared to CNY 186,566,937.91, reflecting an increase of about 49.8%[119]. - The total liabilities increased to CNY 289,579,813.32 from CNY 197,006,298.96, an increase of approximately 46.9%[119]. - Accounts receivable increased to ¥186,495,366.14, accounting for 26.81% of total assets, reflecting a 3.34% increase in proportion compared to the previous year[48]. - The company reported a significant increase in inventory, which reached ¥83,776,808.12, accounting for 12.04% of total assets, reflecting ongoing production and sales strategies[48]. Research and Development - R&D investment increased by 40.86% year-on-year to 10.28 million yuan, reflecting a rise in material inputs for research and development[42]. - Research and development expenses increased to ¥10,283,046.55, up 41% from ¥7,300,046.73 in the first half of 2020[128]. - The company plans to enhance its technical innovation capabilities and improve overall competitiveness in line with industry trends[29]. - Research and development efforts are ongoing, with a focus on new product innovations to drive future growth[144]. Market and Industry Outlook - The PCB industry is expected to grow at a rate of 14.0% in 2021, supported by global economic recovery and increased demand for electronic products[31]. - China's PCB market is projected to grow by 14.1% in 2021, maintaining its position as a key driver of global PCB industry growth[33]. - The company plans to enhance its market expansion strategies, although specific figures were not disclosed in the report[144]. Environmental and Social Responsibility - The company emphasizes sustainable development and adheres to safety production and environmental protection laws and regulations[75]. - The company has increased investments in environmental protection facilities to ensure compliance with wastewater and air emission standards[72]. - The company has established a comprehensive emergency response plan for environmental incidents and conducts annual internal reviews and employee training[73]. - The company is classified as a key pollutant discharge unit, with various pollutants being monitored and reported to ensure compliance with environmental standards[71]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The total number of ordinary shareholders at the end of the reporting period is 16,324[104]. - The largest shareholder, Tianjin Zhonghuan Electronic Information Group Co., Ltd., holds 26.86% of shares, totaling 66,026,154 shares[104]. - The second largest shareholder, Tianjin Jinrong Investment Service Group Co., Ltd., holds 15.48% of shares, totaling 38,052,100 shares[104]. Corporate Governance - The financial report was approved by the board of directors on August 5, 2021[154]. - The company has not engaged in any significant related party transactions during the reporting period[79]. - The company has not experienced any major litigation or arbitration matters during the reporting period[84]. - The company has not made any significant guarantees or engaged in any major contracts during the reporting period[94]. Accounting and Financial Reporting - The financial statements are prepared based on the assumption of going concern and comply with the latest accounting standards[157][158]. - The consolidated financial statements are prepared based on the financial statements of the parent company and its subsidiaries, following the control basis for consolidation[165]. - The company adopts a simplified model for expected credit losses on accounts receivable, measuring loss provisions based on the entire expected credit loss over the duration of the asset[186].