Business Strategy and Focus - The company's traditional EMS business is rapidly declining, while revenue and profitability from the LED lighting business are continuously increasing, indicating a significant shift in the business structure[13]. - The company plans to adjust its business focus by shrinking the EMS business to a "small but beautiful" unit, while prioritizing revenue and profit growth in the LED lighting sector[19]. - The company aims to transition its EMS business to a "small but beautiful" model, focusing on profitable projects while reducing losses[27]. - The company plans to enhance its LED lighting business through improved market promotion and channel construction, focusing on the East China region[32]. - The company plans to focus on developing its own brand business and prioritize LED lighting as a key strategic development area[67]. - The company aims to improve its core competitiveness and profitability by increasing investment in LED lighting and enhancing its product line through research and development[84]. - The company will optimize its EMS business by focusing on high-margin products and improving customer structure to achieve healthy operations[85]. - The company is facing market demand and price risks in the EMS sector, which is experiencing slow growth, while the LED lighting market is still developing[87]. Financial Performance - The company's operating revenue for 2013 was ¥618.65 million, a decrease of 45.52% compared to ¥1,135.54 million in 2012[22]. - The net profit attributable to shareholders was a loss of ¥187.58 million, representing a decline of 683.05% from a profit of ¥32.17 million in 2012[22]. - The net cash flow from operating activities was a negative ¥25.14 million, down 119.69% from ¥127.63 million in 2012[22]. - The company's total assets at the end of 2013 were ¥869.75 million, a decrease of 1.61% from ¥883.99 million at the end of 2012[22]. - Total revenue for 2013 decreased by 45.52% to CNY 618.65 million from CNY 1,135.54 million in 2012[52]. - The gross profit margin for the main business decreased due to a significant drop in orders from EMS clients[29]. - Financial expenses increased by 285.36% year-on-year to CNY 3.14 million, primarily due to higher interest expenses[51]. - Asset impairment losses surged by 1,342.06% year-on-year to CNY 107.05 million, attributed to provisions for various asset impairments[51]. - The company reported a negative distributable profit of -67,351,243.48 RMB for 2013, resulting in no cash dividends or stock bonuses being distributed[98]. Market Challenges - The company faces substantial challenges in production, supply, and sales due to increased competition in the LED lighting industry from established traditional lighting companies[13]. - The company reported a significant risk of underperformance in its LED lighting business if market penetration and brand development do not keep pace with competitors[13]. - The company experienced a significant decline in its traditional EMS business, leading to a strategic contraction and a focus on ODM orders[27]. - The sales volume and production volume decreased by 50.35% and 51.79% year-on-year, respectively, due to reduced customer orders and some clients terminating cooperation[41]. - The company is facing risks related to accounts receivable due to potential customer credit deterioration, particularly in the LED indoor commercial lighting sector[90]. Research and Development - R&D expenditure for 2013 was CNY 23.90 million, an increase of 4.09% compared to CNY 22.96 million in 2012, representing 3.86% of total revenue[52]. - The company has allocated CNY 4 million each for the "Wuxi LED Lighting R&D Center" and "Wuxi LED Marketing Network Construction" projects to establish Wuxi Shiyi Da Lighting[67]. - The company reported an increase in expenses due to heightened investment in R&D and channel development for the LED business[72]. - The company held 51 valid patents related to LED lighting products by the end of the reporting period, with new products winning awards in design competitions[34]. Corporate Governance - The company emphasizes the importance of accurate and complete financial reporting, with key personnel affirming the integrity of the annual report[4]. - The company has established a robust governance structure with independent directors like Li Hanguo and Hu Yi, enhancing oversight and strategic direction[150][157]. - The company has maintained independence from its controlling shareholders in business, personnel, assets, and financial matters, with no financial assistance provided to them[173]. - The company has established a complete performance evaluation system for senior management, linking their performance directly to compensation[192]. - The company has established and implemented the "Insider Information Registrant and Reporting System" in October 2009, ensuring compliance with insider information management and confidentiality[178]. Shareholder Information - The company’s stock is listed on the Shenzhen Stock Exchange under the code 002137[16]. - The largest shareholder, Shenzhen Hengshunchang Investment Development Co., Ltd., holds 47.5% of the shares, totaling 217,741,121 shares[139]. - The total number of shares held by directors and senior management at the end of the reporting period was 6,376,457 shares, with a total increase of 1,668,281 shares[148]. - The company completed a private placement of 37 million shares, which were listed for trading on August 20, 2013[128]. - The total share capital increased by 109,254,600 shares due to a capital reserve conversion, resulting in a total share capital of 458,410,600 shares[128]. Legal and Compliance - The company is involved in a legal case against PERCEPTION DIGITAL LIMITED for overdue payments, claiming a total of USD 2.9231 million[110]. - The company has not encountered any major internal control deficiencies during the reporting period, ensuring effective internal control operations[199]. - The company has not faced any media scrutiny or significant social safety issues during the reporting period[111]. - The company has not engaged in any major asset acquisitions or sales during the reporting period[112][113]. Employee Management - The company has implemented fair and transparent employee management practices, ensuring equal opportunities for all staff[105]. - The company maintains a competitive salary system and has implemented a KPI performance assessment and incentive mechanism to align employee interests with company goals[168]. - The company has established a comprehensive talent training system to enhance employee skills and management capabilities[169]. - As of December 31, 2013, the company employed a total of 1,154 staff members, with 73% in production roles and 12% in technical roles[165][166].

深圳市实益达科技股份有限公司 2014 年第一季度报告正文 证券代码：002137 证券简称：实 益 达 公告编号：2014-035 深圳市实益达科技股份有限公司 2014 年第一季度报告正文 一、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。 公司负责人陈亚妹、主管会计工作负责人刘爱民及会计机构负责人(会计主管人员)袁素华声明：保证季度报告中财务 报表的真实、准确、完整。 所有董事均已出席了审议本次季报的董事会会议。 二、主要财务数据及股东变化 1、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | | | | （%） | | 营业收入（元） | 100,371,826.48 | 154,892,335.59 | -35.2% | | 归属于上市公司股东的净利润（元） | -788,270.01 | 1,726,672. ...