Revenue and Profitability - The company's revenue for Q3 2022 reached ¥5,751,983,129.83, representing a 39.81% increase year-over-year[3] - Net profit attributable to shareholders was ¥111,341,845.09, a decrease of 63.17% compared to the same period last year[3] - The net profit excluding non-recurring gains and losses was ¥80,621,908.25, down 70.12% year-over-year[3] - The basic earnings per share for Q3 2022 was ¥0.08, down 65.22% compared to the same period last year[3] - The company achieved a net profit of 490.34 million RMB, a decrease of 31.56% compared to the previous year[7] - Revenue from sales of goods and services increased by 47.25% to 16.15 billion RMB due to higher sales volume[8] - Operating profit decreased by 46.02% to 402.74 million RMB, primarily due to increased financial and research expenses[7] - Basic earnings per share decreased by 32.08% to 0.36 RMB, impacted by exchange rate losses[7] - Net profit for the current period was ¥490,341,159.29, compared to ¥716,490,768.41 in the previous period, reflecting a decrease of approximately 31.5%[19] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥31,538,260,361.88, reflecting a 16.37% increase from the end of the previous year[3] - The company's current assets amounted to CNY 10.58 billion, up from CNY 9.15 billion at the start of the year, indicating a growth of approximately 15.7%[15] - The total liabilities increased to CNY 19.72 billion from CNY 16.08 billion, reflecting a rise of about 22.0%[17] - The total equity attributable to shareholders of the parent company was CNY 11.11 billion, up from CNY 10.44 billion, showing a growth of approximately 6.4%[17] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥3,515,725,628.60, an increase of 51.88%[3] - Cash flow from operating activities increased by 51.88% to 3.52 billion RMB, driven by higher cash receipts from customers[9] - The company achieved a total cash inflow from operating activities of ¥17,080,511,223.77, compared to ¥11,610,207,240.12 in the previous period, an increase of about 46.7%[21] - Total cash inflow from financing activities reached ¥9,098,828,241.55, an increase from ¥6,618,489,560.74[22] - The net increase in cash and cash equivalents was ¥669,263,091.53, compared to ¥99,323,223.87 previously[22] - The ending balance of cash and cash equivalents was ¥4,380,828,460.49, an increase from ¥3,604,027,753.58[22] Inventory and Prepayments - The company reported a significant increase in prepayments, which rose by 312.49% to ¥686,779,908.99 due to increased material payments[6] - Inventory increased by 40.98% to ¥2,977,277,415.48, attributed to higher revenue levels[6] - Inventory levels rose significantly to CNY 2.98 billion from CNY 2.11 billion, representing an increase of about 41.0%[15] Expenses - The company reported a significant increase in financial expenses by 203.95% to 619.90 million RMB, mainly due to exchange rate fluctuations[7] - The company reported a significant increase in research and development expenses, which totaled ¥976,923,758.76, compared to ¥786,693,916.88, marking a rise of about 24.2%[18] - The company reported a decrease in management expenses, which rose to ¥406,605,061.41 from ¥341,493,853.95, reflecting an increase of approximately 19.1%[18] Shareholder Information - The company’s total number of ordinary shareholders reached 192,634 by the end of the reporting period[10] - The top shareholder, Nantong Huada Microelectronics Group Co., Ltd., holds a 23.14% stake in the company[11] - The first major shareholder, Nantong Huada Microelectronics Group Co., Ltd., holds 307,541,893 shares, accounting for a significant portion of the company's equity[12] Investment Activities - The company recorded an investment loss of 8.28 million RMB, a significant decline of 9214.18% compared to the previous year[7] - Long-term investments increased to CNY 286.04 million from CNY 193.95 million, reflecting a growth of about 47.5%[16] - Total cash inflow from investment activities amounted to ¥162,940,038.40, a decrease from ¥1,837,660,580.72 in the previous period[22] - Net cash flow from investment activities was -¥5,186,434,628.89, worsening from -¥3,370,978,830.59 in the prior period[22] Audit Information - The company did not undergo an audit for the third quarter report[23]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥9.57 billion, representing a 34.95% increase compared to ¥7.09 billion in the same period last year[12]. - The net profit attributable to shareholders was approximately ¥365 million, a decrease of 8.84% from ¥401 million in the previous year[12]. - The net cash flow from operating activities increased by 37.86% to approximately ¥2.95 billion, compared to ¥2.14 billion in the same period last year[12]. - Total assets at the end of the reporting period were approximately ¥30.62 billion, reflecting a 12.97% increase from ¥27.10 billion at the end of the previous year[12]. - The net assets attributable to shareholders increased by 4.40% to approximately ¥10.90 billion, compared to ¥10.44 billion at the end of the previous year[12]. - Basic earnings per share decreased by 6.67% to ¥0.28, down from ¥0.30 in the same period last year[12]. - The company reported a decrease of 14.23% in non-recurring profit and loss, with net profit from this category at approximately ¥311 million compared to ¥362 million in the previous year[12]. - The weighted average return on net assets was 3.44%, down from 4.10% in the same period last year[12]. - The company's financial performance was positively adjusted to a net profit of 502 million yuan when excluding non-operating factors, reflecting a year-on-year increase of 25.42%[16]. - The company's revenue for the reporting period reached ¥9,567,157,644.65, representing a year-on-year increase of 34.95% compared to ¥7,089,341,461.45 in the previous year[29]. Revenue and Growth - The company achieved a revenue of 9.567 billion yuan in the first half of 2022, representing a year-on-year growth of 34.95%[16]. - The company introduced 84 new projects in the automotive sector at the Chongchuan factory, contributing to a revenue of 3.511 billion yuan, up 7.83% year-on-year[17]. - The Nantong factory reported a revenue of 920 million yuan, marking an impressive growth of 83.15% year-on-year, with 42 new products introduced[17]. - Integrated circuit packaging accounted for ¥9,313,970,937.32, or 97.35% of total revenue, with a growth of 33.38% from ¥6,982,977,930.00[31]. - Revenue from material sales surged by 851.71%, reaching ¥142,247,624.26, up from ¥14,946,466.10[31]. - Revenue from overseas markets was ¥6,788,546,773.70, accounting for 70.96% of total revenue, with a year-on-year growth of 34.38%[32]. Investment and R&D - Research and development investment rose by 18.77% to ¥614,829,412.46, up from ¥517,681,299.22, reflecting the company's commitment to enhancing R&D capabilities[29]. - The company has filed a total of 1,285 patent applications, with approximately 70% being invention patents, enhancing its competitive edge in advanced packaging technology[19]. - The company is expanding its production capacity with the completion of a 20,000 square meter facility in Nantong and a new factory in Penang, expected to be operational by 2023[21]. - The company has achieved significant research results through national projects and the acquisition of AMD's packaging assets, enhancing its capacity for large-scale advanced packaging[58]. - The company plans to continue its investment in new technologies and market expansion strategies to enhance future growth prospects[124]. Cash Flow and Financial Management - Cash paid for purchasing goods and services increased by 54.67% to ¥6,939,806,636.25, driven by expanded operational scale[30]. - Cash received from investment activities dropped by 88.18% to ¥121,531,543.28, primarily due to the absence of bank wealth management product redemptions in the current period[30]. - The company’s cash outflow for fixed asset purchases rose by 41.87% to ¥3,822,327,327.71, attributed to payables from last year's investments in facilities and equipment[30]. - The company’s investment activities resulted in a net cash outflow of approximately CNY 3.79 billion in the first half of 2022, compared to a net outflow of CNY 2.10 billion in the same period of 2021, indicating a significant increase in investment expenditures[120]. - The financing activities generated a net cash inflow of CNY 1.99 billion in the first half of 2022, compared to CNY 1.16 billion in the same period of 2021, reflecting an increase of approximately 71.8%[120]. Risk Management - The company faces risks related to industry and market fluctuations, new technology and product development delays, and raw material supply and price changes[3]. - The company is closely monitoring the impact of the COVID-19 pandemic on its operations and financial performance, ensuring production continuity[59]. - The company is taking measures to address risks from international trade disputes, particularly the US-China trade tensions, which could indirectly affect its operations[60]. - The company has established a supply chain management strategy to ensure material supply security amid pandemic-related disruptions, facilitating stable production operations[20]. Environmental Responsibility - The company reported a total wastewater discharge of 229.27 tons for COD, which is below the regulatory limit of 650.49 tons, indicating compliance with environmental standards[70]. - The company achieved a wastewater discharge of 14.49 tons for NH3-N, significantly lower than the limit of 44.9037 tons, demonstrating effective pollution control measures[70]. - The company has invested in wastewater recycling systems, with the Chongchuan factory recycling approximately 1,000 tons per day and the Sutong factory about 600 tons per day[72]. - The company has maintained a zero exceedance rate for all monitored pollutants, showcasing its commitment to environmental responsibility[70]. - The company was recognized as a "Green Factory" and a "Green Supply Chain Demonstration Enterprise" by national authorities[75]. Corporate Governance and Compliance - The financial statements were approved by the board on August 23, 2022, reflecting the company's financial status as of June 30, 2022[136]. - The company adheres to the accounting standards set by the Ministry of Finance and the China Securities Regulatory Commission, ensuring compliance and transparency[137]. - The company has disclosed its fundraising management and usage in accordance with regulatory requirements for the first half of 2022[54]. - The company has not engaged in any significant related party transactions that contributed to over 10% of the total profit during the reporting period[84]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 168,684, with the largest shareholder holding 23.14% of shares[98]. - The company did not distribute cash dividends or issue new shares from capital reserves in the first half of 2022[64]. - The company has not encountered any major changes in the feasibility of its projects during the reporting period[51].

Financial Performance - The company's revenue for Q1 2022 was CNY 4,501,738,566.38, representing a year-on-year increase of 37.75% compared to CNY 3,268,095,969.83 in Q1 2021[3] - The net profit attributable to shareholders for Q1 2022 was CNY 164,696,460.27, a 5.55% increase from CNY 156,043,594.11 in the same period last year[3] - The company's basic earnings per share for Q1 2022 were CNY 0.125, reflecting a 6.84% increase from CNY 0.117 in Q1 2021[3] - The net profit for the first quarter of 2022 was CNY 165,969,920.85, a slight decrease from CNY 166,784,671.26 in the same period last year[19] - The total comprehensive income for the period was CNY 141,985,937.28, compared to CNY 149,119,579.09 in the same period last year[20] Cash Flow - The net cash flow from operating activities improved to -CNY 164,785,573.05, a 54.15% increase compared to -CNY 359,439,531.94 in Q1 2021[3] - Cash received from sales and services increased by 86.12% to ¥3,847,940,660.76 compared to ¥2,067,438,746.00 in the previous period, primarily due to increased operating revenue[9] - Cash paid for purchasing goods and services rose by 67.35% to ¥3,499,268,341.18 from ¥2,090,934,308.98, attributed to higher material costs[9] - Cash flow from financing activities increased by 67.07% to ¥1,570,910,435.89 from ¥940,298,278.51, mainly due to reduced bank loan repayments[10] - The company reported a decrease in cash flow from operating activities, resulting in a net decrease in cash and cash equivalents of -484,548,095.91 CNY[23] Assets and Liabilities - The company's total assets at the end of Q1 2022 were CNY 29,516,019,610.58, an increase of 8.91% from CNY 27,101,066,163.89 at the end of the previous year[3] - Accounts receivable increased by 53.79% to CNY 3,461,408,552.17, primarily due to increased revenue and early payments from customers in the previous year[6] - The company's short-term borrowings rose by 29.84% to CNY 4,720,420,868.29, attributed to expanded production capacity[6] - Total liabilities increased to ¥18,238,452,249.00 from ¥16,078,671,529.50, reflecting a rise of 13.5%[17] - The company's equity attributable to shareholders rose to ¥10,589,314,319.87 from ¥10,441,986,798.89, an increase of 1.4%[17] Operating Costs - The gross profit margin for Q1 2022 was impacted by a 42.48% increase in operating costs, totaling CNY 3,840,219,043.39[7] - Total operating costs amounted to ¥4,369,978,439.11, up from ¥3,129,266,898.00, reflecting a year-over-year increase of 39.6%[17] - The management expenses rose to CNY 138,761,056.49, compared to CNY 98,308,072.85 in the previous year, marking an increase of approximately 41%[19] - The financial expenses increased to CNY 84,954,005.11, up from CNY 69,276,572.31, reflecting a rise of about 23%[19] Government Subsidies and Taxation - The company reported a significant increase in government subsidies, with other income rising by 60.52% to CNY 24,763,818.65 compared to CNY 15,426,864.15 in the previous year[8] - The company experienced a 124.62% increase in taxes and surcharges, amounting to CNY 14,578,286.31, primarily due to increased urban construction tax and education surcharges[7] - The company received ¥212,656,974.66 in tax refunds, a 42.20% increase from ¥149,551,891.66, primarily due to increased export tax rebates[9] Investment Activities - Cash paid for investing activities surged by 80.83% to ¥1,950,859,793.91 from ¥1,078,819,828.93, reflecting increased investments in equipment and facilities[9] - The total cash outflow from investment activities was CNY 1,980,730,118.91, compared to CNY 1,523,504,828.93 in the previous year, indicating an increase of approximately 30%[22] - The net cash flow from investing activities was -1,894,863,747.03 CNY, compared to -1,196,613,566.42 CNY in the previous year[23] Future Outlook - Future outlook includes plans for market expansion and potential new product launches, with specific strategies to be outlined in subsequent communications[18] - The company plans to conduct a non-public offering of up to 398,711,078 new shares, as approved by the China Securities Regulatory Commission[13] - The company is actively developing a stock option incentive plan, which was approved in the recent board and shareholder meetings[14]

Financial Performance - The company reported a total revenue of RMB 1.5 billion for the year 2021, representing a year-on-year increase of 20%[8] - The gross profit margin for 2021 was 25%, which is a slight decrease from the previous year's margin of 27%[8] - The company's operating revenue for 2021 was ¥15,812,232,813.96, representing a 46.84% increase compared to ¥10,768,700,029.40 in 2020[14] - The net profit attributable to shareholders for 2021 was ¥956,691,241.24, a significant increase of 182.69% from ¥338,427,876.25 in 2020[14] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥796,207,650.80, up 284.35% from ¥207,156,440.73 in 2020[14] - The company's basic earnings per share for 2021 was ¥0.7198, a 151.59% increase from ¥0.2861 in 2020[14] - The anticipated revenue guidance for 2022 is projected to be between RMB 1.8 billion and RMB 2 billion, reflecting a growth rate of 20% to 33%[8] - The company achieved a revenue of 15.812 billion yuan in 2021, a year-on-year increase of 46.84%, continuing significant growth from the previous year's 10 billion yuan revenue[34] - The net profit for 2021 reached 966 million yuan, marking a 148.76% year-on-year increase, the highest in the company's history[34] Investment and Development - The company plans to invest RMB 200 million in new product development and technology research in the upcoming year[8] - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market presence[8] - The company has established a strong partnership with AMD, creating the largest mass production testing base for high-end processor products in China[34] - The company has formed strategic partnerships with Yangtze Memory Technologies and Changxin Memory Technologies, leading to large-scale production of memory products[34] - The company has developed advanced packaging technologies, including 2.5D/3D packaging platforms and Chiplet solutions, which have entered mass production in 2021[41] - The company is developing advanced Fan-Out packaging technology for mobile smart terminal products, aiming to enhance competitiveness in the domestic and international markets[56] - The company plans to invest a total of 6.8 billion RMB in facilities, production equipment, IT, and technology R&D in 2022[91] Market Expansion and Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 10% market share by 2023[8] - The company is focusing on high-performance computing, storage, automotive electronics, and 5G applications as key growth areas[88] - The automotive electronics business is expected to experience rapid growth in 2022, supported by long-term partnerships with leading automotive chip manufacturers[89] - The company is actively pursuing advanced packaging technologies such as Chiplet, 2.5D/3D, and fan-out packaging to maintain a competitive edge[88] Research and Development - The company has successfully launched two new products in Q4 2021, contributing to a 5% increase in overall sales[8] - The company has implemented intelligent management systems to optimize operations, enhancing decision-making efficiency and production competitiveness[38] - The company has filed a total of 1,218 patents, with 622 granted, including 39 in the United States, and has received over 200 million yuan in government project subsidies in 2021[41] - Ongoing R&D projects include 5G application packaging technology and high-density packaging for 3D NAND flash memory products, which are expected to improve the company's technological capabilities[58] Financial Management and Governance - The company has established independent financial accounting and management systems, ensuring no non-operational occupation of assets by shareholders[102] - The company has a dedicated audit department with three full-time auditors responsible for internal audits and reporting to the audit committee[101] - The company has implemented a transparent information disclosure system, ensuring all shareholders have equal access to information[101] - The total remuneration paid to directors, supervisors, and senior management in 2021 amounted to CNY 12.0255 million[120] Environmental and Social Responsibility - The company has been recognized as a "Green Factory" and a "Green Supply Chain Demonstration Enterprise" by national authorities, reflecting its environmental efforts[158] - The company has implemented strict environmental protection measures, achieving zero complaints regarding environmental issues throughout the production process in 2021[161] - The company actively participated in social welfare activities, emphasizing its commitment to corporate social responsibility[159] - The company reported a total of 1.195 million yuan in donations, including 1 million yuan to the Zhang Jian Charity Fund and 195,000 yuan for disaster relief in Henan[159] Employee and Management Structure - The total number of employees at the end of the reporting period was 16,737, with 7,977 in the parent company and 8,760 in major subsidiaries[130] - The professional composition includes 9,946 production personnel, 183 sales personnel, 5,541 technical personnel, 100 financial personnel, 122 administrative personnel, and 845 others[130] - The company has implemented a labor contract system and provides various social insurance and housing fund benefits for employees[132] - The management team includes professionals with backgrounds in finance, risk management, and operations, contributing to a well-rounded leadership structure[112] Risk Management - The company has identified risks related to raw material supply and price fluctuations, which may impact future performance[3] - The company is actively monitoring market demand and adjusting its product structure to mitigate risks from industry and market fluctuations[92] - The company is taking measures to mitigate risks associated with international trade tensions, particularly between the US and China[94] Shareholder Relations - No cash dividends will be distributed to shareholders for the year 2021, as the company focuses on reinvestment[3] - The company plans to discuss dividend distribution matters in mid-2022, with a principle of cash dividends not less than 10% of the distributable profits achieved in 2021[138] - The company has established a differentiated cash dividend policy to enhance the decision-making process for profit distribution[135]

Financial Performance - The company's revenue for Q3 2021 reached ¥4,114,264,949.26, representing a 49.60% increase year-over-year[2] - Net profit attributable to shareholders was ¥302,276,475.00, up 101.03% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥269,784,429.64, reflecting a 114.70% increase year-over-year[2] - The company's operating revenue for the first three quarters of 2021 reached ¥11,203,606,410.71, a year-on-year increase of 51% compared to ¥7,419,653,421.45 in 2020[6] - Net profit for the first three quarters was ¥716,490,768.41, a 142.06% increase from ¥295,998,361.84 in the previous year[6] - The company's total profit for the first three quarters was ¥752,151,032.50, a 153.07% increase from ¥297,213,136.10 in the previous year[6] - Net profit attributable to the parent company was ¥703,107,657.56, compared to ¥261,810,369.47 in the previous year, representing a growth of 168.5%[19] - Operating profit for the quarter was ¥746,089,704.99, compared to ¥292,625,512.79 in the previous year, marking a 154.5% increase[19] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥24,711,882,335.06, a 16.40% increase from the end of the previous year[2] - The company's total assets reached ¥24,711,882,335.06, reflecting significant growth compared to the previous year[17] - Total liabilities amounted to ¥13,923,334,157.82, an increase of 24.2% from ¥11,215,801,610.54 in the previous year[19] - The total liabilities were CNY 9.03 billion, with current liabilities at CNY 6.96 billion, indicating a significant increase in financial obligations[15] Cash Flow - The company's cash flow from operating activities for the year-to-date reached ¥2,314,771,957.45, an increase of 89.94%[2] - Cash flow from operating activities showed a net increase of ¥2,314,771,957.45, up 89.94% from ¥1,218,702,377.88, driven by strong order demand and revenue growth[7] - The cash inflow from operating activities for the current period is ¥11,610,207,240.12, an increase of 58.5% compared to ¥7,340,500,645.94 in the previous period[21] - The net cash flow from operating activities is ¥2,314,771,957.45, up 90% from ¥1,218,702,377.88 in the previous period[21] - The cash inflow from financing activities is ¥6,618,489,560.74, slightly down from ¥6,700,985,254.20 in the previous period[22] - The net cash flow from financing activities is ¥1,205,662,113.85, a decrease from ¥1,411,814,393.94 in the previous period[22] Equity and Shareholder Information - The company's total equity attributable to shareholders was ¥10,201,931,117.67, up 6.51% from the previous year-end[2] - The total number of ordinary shareholders at the end of the reporting period was 183,888, with the largest shareholder holding 23.14% of the shares[8] - The top ten shareholders hold a significant portion of shares, with the largest shareholder owning 307,541,893 shares, representing a substantial stake in the company[11] Research and Development - R&D expenses rose by 60.04% to ¥786,693,916.88, up from ¥491,566,159.11, as the company increased investment in response to market demand[6] - Research and development expenses increased to ¥786,693,916.88, up 60% from ¥491,566,159.11 year-on-year[18] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[12] Inventory and Operational Costs - The inventory increased by 32.83% to ¥1,925,054,408.19, attributed to expanded production scale[4] - Operating costs increased to ¥9,099,784,676.79, reflecting a 45% rise from ¥6,275,794,543.84 due to expanded production and sales[6] - Long-term borrowings rose by 54.94% to ¥3,794,273,260.22, reflecting the company's expanded operational scale[5] Other Financial Metrics - The basic earnings per share for Q3 2021 was ¥0.23, a 76.92% increase compared to the same period last year[2] - Basic and diluted earnings per share were both ¥0.53, up from ¥0.23 in the same quarter last year, indicating a 130.4% increase[20] - The total comprehensive income for the period was ¥654,216,117.25, significantly higher than ¥228,554,305.83 in the previous year[19] - The company's retained earnings rose to ¥1,973,701,359.02, compared to ¥1,305,001,922.47 in the previous year, reflecting a growth of 51.2%[19]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 7,089,341,461.45, representing a 51.82% increase compared to CNY 4,669,555,714.48 in the same period last year[11]. - The net profit attributable to shareholders of the listed company reached CNY 400,831,182.56, a significant increase of 259.67% from CNY 111,445,020.28 in the previous year[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 362,620,554.80, up 1,338.92% from CNY 25,200,798.44 in the same period last year[11]. - The net cash flow from operating activities was CNY 2,138,660,298.35, an increase of 185.96% compared to CNY 747,896,568.85 in the previous year[11]. - Basic earnings per share were CNY 0.30, a 200.00% increase from CNY 0.10 in the same period last year[11]. - The total assets at the end of the reporting period were CNY 23,832,779,713.08, reflecting a 12.26% increase from CNY 21,230,751,086.99 at the end of the previous year[11]. - The net assets attributable to shareholders of the listed company were CNY 9,897,951,031.93, up 3.33% from CNY 9,578,582,586.37 at the end of the previous year[11]. - The weighted average return on net assets was 4.10%, an increase of 2.29% compared to 1.81% in the previous year[11]. Revenue Sources - The revenue from integrated circuit packaging and testing accounted for 98.50% of total operating revenue, amounting to ¥6,982,977,930.00, with a year-on-year growth of 52.65%[29]. - Domestic revenue surged by 114.04% to ¥1,943,970,879.98, while overseas revenue grew by 37.45% to ¥5,039,007,050.02[30]. - The company's Chongqing factory saw a significant revenue increase of 64.16% year-on-year, while the Hefei factory's revenue grew by 123.26% year-on-year, turning a profit[17]. Research and Development - Research and development expenses amounted to ¥517,681,299.22, reflecting a 52.85% increase as the company intensified its R&D efforts in response to market demand[26]. - The company has accumulated over 1,100 patent applications, with 72% being invention applications, and has received over 500 patent grants[19]. - The company has focused on developing advanced packaging technologies, with 2.5D/3D packaging products already in the project initiation stage[19]. - The company aims to enhance its capabilities in advanced packaging and testing through R&D and acquisitions, particularly in high-demand products[44]. Operational Strategies - The company has established a supply chain strategy to ensure material security, including agreements with key suppliers to secure capacity shares[20]. - The company is actively expanding its production capacity, with the completion of several factory constructions, including the intelligent packaging testing center in Chongqing[21]. - The company has implemented an employee stock ownership plan, enhancing employee engagement and aligning interests between workers and owners[22]. - The company has integrated various data systems to improve operational efficiency, achieving a 98% connectivity rate for key processes across its factories[23]. Market Position and Risks - The company emphasizes the importance of risk awareness regarding market fluctuations and the potential inability to industrialize new technologies and products on schedule[3]. - The company is addressing risks related to raw material supply and price fluctuations, particularly for imported materials essential for high-end packaging[44]. - The company is actively monitoring the impact of the COVID-19 pandemic on its operations and is prepared to respond to potential disruptions[45]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[50]. - The wastewater discharge for COD was 81.85 tons, with a concentration of 54.525 mg/L, below the limit of 300 mg/L[51]. - The company has implemented measures to ensure compliance with environmental standards across its facilities[52]. - The company achieved a 100% lead-free packaging rate, complying with EU ROHS certification standards[57]. Shareholder Information - The company had a total share capital of 1,329,036,928 shares, with 175,320,981 shares released from restrictions, accounting for 13.21% of the total share capital[79]. - The largest shareholder, Nantong Huada Microelectronics Group, holds 23.14% of shares, totaling 307,541,893 shares[86]. - The company reported a significant reduction in state-owned and domestic institutional holdings, with a decrease of 36,955,519 shares, resulting in 0 shares remaining in this category[79]. Financial Management - The company reported a net increase in cash and cash equivalents of ¥1,164,140,916.64, a remarkable rise of 887.84% compared to the previous year[27]. - The cash flow from investment activities showed a net outflow of ¥2,097,149,464.39, a decrease of 15.23% compared to the previous year, mainly due to increased cash outflows for fixed asset purchases[26]. - The company has entrusted financial management with a total amount of CNY 28,537,640, with an outstanding balance of CNY 89,814,460[75]. Corporate Governance - The company reported that there were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[60]. - There were no violations regarding external guarantees during the reporting period[62]. - The company's semi-annual report was not audited[61]. - There were no major litigation or arbitration matters during the reporting period[62].