Financial Performance - The company's operating revenue for 2013 was ¥1,767,322,278.64, representing an increase of 11.15% compared to ¥1,590,025,442.22 in 2012[22] - The net profit attributable to shareholders in 2013 was ¥60,660,291.84, a significant increase of 60.31% from ¥37,840,342.98 in 2012[22] - The net profit after deducting non-recurring gains and losses was ¥26,543,501.43, up 76.15% from ¥15,068,586.03 in the previous year[22] - The net cash flow from operating activities reached ¥309,429,452.35, marking a 71.95% increase from ¥179,953,066.64 in 2012[22] - Basic earnings per share for 2013 were ¥0.09, a 50% increase compared to ¥0.06 in 2012[22] - Total revenue from integrated circuit packaging and testing reached CNY 1,758,576,552.96, representing an 11.56% increase year-on-year[44] - The gross profit margin for integrated circuit packaging and testing was 16.19%, an increase of 2.74% compared to the previous year[44] - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year 2013, representing a growth of 20% compared to the previous year[117] - The net profit for the year was CNY 60,660,291.84, representing a significant increase of 60.38% from CNY 37,840,342.98 in the prior year[175] - Earnings per share (EPS) increased to CNY 0.09, up from CNY 0.06, reflecting a growth of 50%[175] Assets and Liabilities - Total assets at the end of 2013 amounted to ¥3,686,188,070.23, an increase of 8.98% from ¥3,382,396,573.65 at the end of 2012[22] - The company's total assets amounted to CNY 3,660,743,075.04, compared to CNY 3,362,103,833.13 in the previous year, indicating a growth of 8.87%[172] - The company's total liabilities amounted to RMB 1,430,065,292.92, up from RMB 1,173,720,399.78, indicating an increase of about 21.8%[168] - The company's equity attributable to shareholders reached RMB 2,256,122,777.31, up from RMB 2,208,676,173.87, indicating an increase of about 2.1%[168] - The company reported a decrease in long-term borrowings from RMB 346,592,428.50 to RMB 120,400,000.00, a reduction of approximately 65.3%[168] Research and Development - The company applied for 61 new patents and was granted 38 patents in 2013, enhancing its intellectual property portfolio[27] - R&D expenditure for 2013 was CNY 87,501,922.04, accounting for 4.95% of the total revenue, a slight decrease from 5.41% in 2012[40] - The company is investing 200 million RMB in R&D for advanced semiconductor technologies over the next three years[117] Market and Sales - The production volume increased by 16% year-on-year, with a total production of 854,935.61 million units in 2013[31] - Sales of advanced packaging products such as BGA and QFN grew by over 35%, while POWER product sales increased by over 40%[26] - The company’s overseas revenue reached CNY 1,221,031,034.23, a year-on-year increase of 19.33%[44] - The company plans to expand its domestic market share by enhancing cooperation with domestic wafer manufacturing and design companies while continuing to serve foreign clients[70] Corporate Governance and Management - The company has established a comprehensive corporate governance structure, including a board of directors and various operational departments[197] - The company maintains complete independence from its controlling shareholder in business, personnel, assets, organization, and finance[145] - The board of directors operates independently, ensuring major decisions are made according to established procedures without interference from the controlling shareholder[131] - The company has implemented a strict insider information management system, with no violations or regulatory actions reported during the period[135] Social Responsibility and Sustainability - The company was awarded the title of "Advanced Energy-Saving Enterprise" by the Jiangsu provincial government in 2013, and it was recognized as a "Water-Saving Demonstration Enterprise" after passing a three-year periodic review[86] - In 2013, the company donated a total of 590,000 yuan to various charitable projects in Nantong, reflecting its commitment to social responsibility[86] - The company actively engages in social responsibility initiatives, including environmental protection and charitable donations[132] Future Outlook - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[179] - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on anticipated market expansion and new product launches[119] - The company aims to achieve an annual revenue target of 2.12 billion yuan for 2014, which is subject to market conditions and operational factors[71] Employee and Compensation - The total remuneration for the chairman, Mr. Shi Mingda, is 1.1411 million RMB, while the total remuneration for the general manager, Mr. Shi Lei, is 0.9511 million RMB[121] - The total remuneration for the board of directors, supervisors, and senior management during the reporting period amounts to 5.079 million RMB, with an additional 0.0754 million RMB from shareholder units, totaling 5.1544 million RMB[122] - The company has implemented a labor contract system and provides various social insurance benefits to employees, including medical and pension insurance[127] Compliance and Audit - The company maintained a standard unqualified audit opinion for its financial statements for the year 2013[158] - The company did not identify any significant internal control deficiencies during the reporting period[154] - The audit department consists of 3 dedicated personnel responsible for internal audits, ensuring the authenticity and completeness of financial information[132]