证券代码：002199 证券简称：东晶电子 浙江东晶电子股份有限公司 投资者关系活动记录表 编号：20150301 | --- | --- | --- | --- | |--------------|--------------------------------|--------------------------|--------| | | | | | | 投资者关系 | ■ | 特定对象调研 □分析师会议 | | | 活动类别 | □ | 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | | ■ 现场参观 | | | | | □其他 | | | | 参与单位名称 | 序号 | 代表机构 | 姓名 | | 及人员姓名 | 1 按照要求，已签署了承诺书。 | 个人 | 林杰敏 | | 时间 | 2015 年 3 月 31 | 日 | | | 地点 | 公司会议室 | | | | --- | --- | |----------------|--------------------------------------------------------------------- ...

证券代码：002199 证券简称：*ST 东晶 浙江东晶电子股份有限公司 投资者关系活动记录表 编号：2017001 | --- | --- | --- | --- | |--------------|------------------------------------|-----------------------------|---------------| | 投资者关系 | □ | 特定对象调研 □分析师会议 | | | 活动类别 | □ | 媒体采访 ■投资者接待活动 | | | | □ | 新闻发布会 □路演活动 | | | | ■现场参观 | | | | | □ 其他 | | | | 参与单位名称 | 序号 | 代表机构 | 姓名 | | 及人员姓名 | 1 2 按照要求，已签署了承诺书。 | 个人 华泰证券股份有限公司 | 王能仕 杜际渊 | | 时间 | 2017 年 3 月 | 日 | | | 地点 | 公司会议室 | | | | --- | --- | |----------------|------------------------------------------------ ...

证券代码：002199 证券简称：东晶电子 浙江东晶电子股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |-------------------------|----------------------------|----------------------------------------------------|------------------| | 投资者关系 | □ | 特定对象调研 □分析师会议 | | | 活动类别 | | □媒体采访 ■投资者接待活动 | | | | □新闻发布会 □路演活动 | | | | | ■ 现场参观 | | | | | □ 其他 | | | | 参与单位名称 及人员姓名 | 序号 1 2 | 代表机构 中国证券报 中国证券报 | 姓名 陈一良 董鹏 | | | 按照要求，已签署了承诺书。 | | | | 时间 | 2018 年 5 月 4 | 日 | | | 地点 | 公司会议室 | | | | 上市公司 | 王皓（董事长） | | | | 接待人员姓名 | | 骆红莉（公司全资子公司东晶电子金华有限公司总经理） | | ...

浙江东晶电子股份有限公司 2022 年第三季度报告 证券代码：002199 证券简称：东晶电子 公告编号：2022029 浙江东晶电子股份有限公司 2022年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 重要内容提示： 1、董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2、公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3、第三季度报告是否经过审计 □是 否 1 浙江东晶电子股份有限公司 2022 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 41,359,306.12 | -51.19% | 13 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥93,584,915.44, a decrease of 40.22% compared to ¥156,541,005.09 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was a loss of ¥17,363,855.20, representing a decline of 181.30% from a profit of ¥21,357,630.40 in the previous year[21]. - The net cash flow from operating activities was a negative ¥13,374,858.92, down 153.17% from ¥25,153,498.68 in the same period last year[21]. - The basic and diluted earnings per share were both -¥0.0713, a decrease of 181.30% compared to ¥0.0877 in the previous year[21]. - The total operating revenue for the reporting period was ¥93,584,915.44, a decrease of 40.22% compared to ¥156,541,005.09 in the same period last year[39]. - The net profit for the first half of 2022 was a loss of ¥17,465,957.25, compared to a profit of ¥21,357,630.40 in the same period of 2021[124]. - The operating profit for the first half of 2022 was a loss of ¥17,623,801.87, contrasting with a profit of ¥21,391,181.36 in the first half of 2021[123]. - The company reported a total of ¥3,311,962.44 in non-recurring gains and losses during the reporting period[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥622,653,604.86, a decrease of 7.08% from ¥670,116,382.10 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company were ¥418,096,108.25, down 3.99% from ¥435,459,963.45 at the end of the previous year[21]. - The company's current assets decreased to CNY 319,024,465.66 from CNY 376,336,688.40, reflecting a reduction of about 15.2%[114]. - Total liabilities decreased to CNY 203,776,216.43 from CNY 233,773,036.42, indicating a reduction of about 12.8%[116]. - The total equity at the end of the reporting period is RMB 423,617,297.16, reflecting a decrease of RMB 2,365,313.83 in comprehensive income during the period[154]. Cash Flow - The net cash flow from operating activities for the first half of 2022 was -13,374,858.92 CNY, a significant decrease compared to 25,153,498.68 CNY in the same period of 2021[130]. - Cash inflows from operating activities totaled ¥92,275,870.19 in the first half of 2022, down from ¥110,827,155.24 in the first half of 2021[129]. - The net cash flow from investment activities was -36,952,592.70 CNY, worsening from -23,338,160.80 CNY in the previous year[130]. - The total cash and cash equivalents at the end of the period decreased to 94,965,588.07 CNY from 99,957,565.85 CNY at the end of the previous year[130]. - The company experienced a net decrease in cash and cash equivalents of 54,003,383.91 CNY during the reporting period[130]. Research and Development - Research and development expenses were CNY 8.43 million, a slight decrease of 1.70% compared to the previous year[36]. - Research and development expenses for the first half of 2022 were ¥8,426,728.31, slightly down from ¥8,572,147.05 in the first half of 2021[123]. - The company plans to enhance its research and development efforts to maintain a competitive edge in the domestic quartz crystal component market, focusing on emerging applications like 5G and IoT[56]. Inventory and Impairment - The company recorded a provision for inventory impairment of CNY 12.37 million during the reporting period, impacting net profit[31]. - The company reported an asset impairment loss of ¥12,371,112.79, which accounted for 70.83% of total profit, mainly due to a decline in sales orders and prices[42]. - Inventory increased significantly to CNY 117,478,473.94, up from CNY 97,689,781.46, marking an increase of approximately 20.2%[114]. Shareholder Information - The total number of unrestricted shares is 243,442,363, representing 100% of the total shares[99]. - The largest shareholder, Li Qingyue, holds 12.60% of the shares, totaling 30,680,360 shares, with an increase of 4,830,400 shares during the reporting period[101]. - The company has 19,144 total common shareholders at the end of the reporting period[101]. - There were no changes in the controlling shareholder or actual controller during the reporting period[104]. Corporate Governance and Compliance - The semi-annual financial report has not been audited, indicating a lack of external validation for the financial data presented[73]. - The company has not faced any environmental penalties during the reporting period and adheres to environmental protection laws[65]. - The company has implemented measures to ensure employee rights and benefits, including compliance with labor laws and social security contributions[66]. - The company’s financial report was approved by the board of directors on August 25, 2022, ensuring governance and oversight[156]. Market and Business Operations - The company operates in the electronic components industry and has a total capital reserve of RMB 515,559,887.15 as of June 30, 2022[156]. - The company’s products are widely used in various sectors, including communications, automotive electronics, and consumer electronics[29]. - The sales model includes both direct sales to electronic manufacturers and sales through intermediaries, with a focus on customer service[30]. Financial Reporting and Accounting Policies - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring compliance and accuracy[158]. - The company recognizes investment income based on its share of the investee's net profit and adjusts the carrying value of the investment accordingly[191]. - Financial assets are classified at initial recognition based on the company's business model and cash flow characteristics, including those measured at amortized cost and those measured at fair value[174].

Financial Performance - The company's operating revenue for Q1 2022 was ¥44,915,980.83, a decrease of 32.52% compared to ¥66,557,022.37 in the same period last year[2] - The net profit attributable to shareholders was -¥5,146,042.24, representing a decline of 163.01% from ¥8,166,920.29 year-on-year[2] - The net profit after deducting non-recurring gains and losses was -¥6,207,767.01, a decrease of 225.37% compared to ¥4,951,588.65 in the previous year[2] - Basic and diluted earnings per share were both -¥0.0211, a decrease of 162.99% from ¥0.0335 year-on-year[2] - The total comprehensive income attributable to the parent company was -5,146,042.24 CNY, compared to 8,166,920.29 CNY in the previous period[18] Cash Flow - The net cash flow from operating activities was -¥4,214,911.40, down 148.56% from ¥8,679,904.21 in the same period last year[2] - Cash inflow from operating activities totaled 47,291,243.89 CNY, down 16.2% from 56,469,825.80 CNY in the previous period[21] - Cash outflow from operating activities was 51,506,155.29 CNY, an increase of 7.2% compared to 47,789,921.59 CNY in the previous period[21] - The company’s cash flow from financing activities was -2,023,696.65 CNY, with no cash inflow reported during the period[21] - Net cash flow from investing activities was -33,619,918.28 CNY, worsening from -8,307,382.86 CNY in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥642,045,045.20, a decrease of 4.19% from ¥670,116,382.10 at the end of the previous year[2] - Total liabilities decreased to CNY 210,897,142.33 from CNY 233,773,036.42, a decrease of 9.8%[14] - The company's cash and cash equivalents decreased to CNY 144,429,760.06 from CNY 175,308,602.10, a drop of 17.6%[12] - Accounts receivable decreased to CNY 51,584,644.09 from CNY 67,026,882.25, representing a decline of 23.1%[12] - Inventory increased to CNY 112,536,647.01 from CNY 97,689,781.46, an increase of 15.1%[12] Shareholder Information - The company reported a total of 19,875 common shareholders at the end of the reporting period[8] - The top shareholder, Li Qingyue, held 10.62% of the shares, amounting to 25,849,960 shares[8] Operational Challenges - The decline in revenue and profit was attributed to factors such as repeated COVID-19 outbreaks, geopolitical conflicts, inflation, and chip shortages, leading to a slowdown in global consumer electronics demand[6] Expenses - Total operating costs for Q1 2022 were CNY 52,055,960.93, down from CNY 61,735,327.16, reflecting a reduction of 15.5%[16] - The company reported a significant increase in financial expenses, with interest expenses rising to CNY 848,047.81 from CNY 54,129.31[17] - The company’s R&D expenses remained stable at CNY 4,221,371.94, slightly down from CNY 4,226,919.38[17]

Financial Performance - The company reported a significant increase in revenue for 2021, reaching RMB 1.2 billion, representing a growth of 15% compared to the previous year[13]. - The net profit for 2021 was RMB 200 million, which is an increase of 10% year-on-year[13]. - The company's operating revenue for 2021 was ¥304,399,339.47, representing a 16.00% increase compared to ¥262,404,243.96 in 2020[18]. - The net profit attributable to shareholders for 2021 was ¥30,938,509.02, a significant increase of 287.92% from ¥7,975,477.34 in 2020[18]. - The net profit after deducting non-recurring gains and losses was ¥23,812,681.71, compared to a loss of ¥533,521.07 in 2020, marking a 4,563.31% improvement[18]. - The net cash flow from operating activities increased by 82.31% to ¥44,632,925.60 in 2021 from ¥24,481,417.69 in 2020[19]. - Basic and diluted earnings per share for 2021 were both ¥0.13, up 333.33% from ¥0.03 in 2020[19]. - The total assets at the end of 2021 were ¥670,116,382.10, reflecting a 27.59% increase from ¥525,216,706.84 at the end of 2020[19]. - The weighted average return on equity for 2021 was 7.36%, an increase of 5.37 percentage points from 1.99% in 2020[19]. - The gross profit margin for the industrial sector was 21.81%, an increase of 7.01% compared to the previous year[48]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2025[13]. - The company is exploring potential mergers and acquisitions to enhance its supply chain capabilities, with a budget of RMB 100 million set aside for this purpose[13]. - The company has set a future outlook with a revenue target of 1.5 billion RMB for the next fiscal year, indicating a projected growth of 25%[100]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance market share by 10%[100]. - The company is expanding its production capacity with projects aimed at producing 600 million quartz crystal resonators annually, which will enhance production efficiency and product quality[58]. Research and Development - The company has allocated RMB 50 million for research and development in 2022, focusing on advanced semiconductor technologies[13]. - The company is investing 100 million RMB in research and development for innovative technologies over the next two years[100]. - The company has implemented a rigorous assessment and incentive mechanism for R&D personnel to drive innovation[77]. - The number of R&D personnel increased slightly to 77, with a 1.32% year-on-year growth[58]. - The company has actively pursued high value-added and miniaturized product development to align with market demands[39]. Risk Management - The company has identified potential risks including market volatility and supply chain disruptions, with strategies in place to mitigate these risks[4]. - The company faces market risks due to reliance on quartz crystal components, with potential impacts from macroeconomic changes and international trade dynamics[76]. - The company is exposed to exchange rate risks, particularly with a high proportion of revenue from overseas sales settled in USD[76]. - The company acknowledges technology development risks due to rapid industry changes and increasing competition, necessitating ongoing investment in new product development[76]. Corporate Governance - The company maintains a complete and independent business structure, ensuring no dependency on shareholders holding more than 5%[86]. - The company has established an independent financial accounting department and maintains a separate banking system for financial operations[87]. - The company has a governance structure that complies with relevant laws and regulations, ensuring independent operation of the board and supervisory committee[82]. - The company has focused on maintaining the rights and interests of all shareholders through diligent governance practices[107]. - The board of directors has successfully adopted relevant suggestions to enhance company operations and governance[107]. Employee and Management Structure - The company reported a total of 705 employees at the end of the reporting period, with 438 in production, 14 in sales, 15 in finance, 84 in administration, and 154 in technical and R&D roles[111]. - The company has established a comprehensive salary management system and incentive mechanism to attract and retain talent, aiming to enhance employee satisfaction and recognition[113]. - The company has conducted various employee training programs to enhance skills and prepare talent for future needs[114]. - The company has maintained a stable leadership team with no resignations or dismissals reported[91]. Financial Reporting and Compliance - The audit opinion issued was a standard unqualified opinion, indicating that the financial statements fairly represent the company's financial position[190]. - The financial statements were prepared in accordance with the applicable accounting standards, reflecting the company's financial results accurately[194]. - The company has implemented key internal controls related to revenue recognition to mitigate the risk of misstatement[192]. - The internal control system has been continuously improved to ensure compliance and mitigate operational risks, with no significant internal control deficiencies reported during the period[119][120]. Shareholder Information - The total number of shares is 243,442,300, with 100% being unrestricted shares[170]. - The largest shareholder, Li Qingyue, holds 10.62% of the shares, totaling 25,849,960 shares[172]. - The company has no controlling shareholder or actual controller, as no shareholder holds more than 50% of the shares or has significant voting power[179]. - The shareholder structure remains stable with no significant changes reported during the period[171]. - The company has not issued any new shares or conducted any capital increases during the reporting period[171].

证券代码：002199 证券简称：东晶电子 公告编号：2022013 浙江东晶电子股份有限公司 关于举办投资者接待日活动的公告 本公司全体董事保证公告内容真实、准确和完整，并对公告的虚假记载、误导性 陈述或者重大遗漏负连带责任。 浙江东晶电子股份有限公司（以下简称"公司"）定于 2022 年 4 月 16 日披露《2021 年年度报告》，为便于广大投资者深入全面地了解公司情况，公司将举办投资者接待日 活动，现将有关事项公告如下： 一、接待时间 2022 年 5 月 19 日（星期四）下午 16:00–17:00。 二、接待地点 浙江省金华市宾虹西路 555 号浙江东晶电子股份有限公司二楼会议室。 三、预约方式 参与投资者请于 2022 年 5 月 17 日（星期二）上午 9:00-11:00 或下午 14:00-16:00 与公司董事会办公室联系，以便接待登记和安排。 联系人：黄娉；联系电话：0579-89186668；传真号码：0579-89186677。 四、公司参与人员 董事长兼总经理王皓先生、财务总监胡静雯女士、董事会秘书石佳霖先生等相关人 员。（如有特殊情况，参与人员可能会有所调整） 五、注意事项 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥84,733,494.06, representing a year-on-year increase of 17.45%[2] - The net profit attributable to shareholders for Q3 2021 was ¥10,669,858.89, a significant increase of 333.35% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥9,354,323.70, reflecting a remarkable growth of 1,692.65% year-on-year[2] - The basic earnings per share for Q3 2021 was ¥0.0438, up 333.66% from the previous year[3] - Total operating revenue for the first nine months of 2021 reached ¥241,274,499.15, an increase of 33.4% compared to ¥180,811,882.27 in the same period of 2020[15] - Net profit for the first nine months of 2021 was ¥31,992,647.32, significantly higher than ¥4,685,170.20 in the previous year, marking an increase of 582.5%[16] - Basic and diluted earnings per share for the first nine months of 2021 were both ¥0.1316, compared to ¥0.0192 in the same period of 2020[17] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥644,032,207.80, an increase of 22.62% compared to the end of the previous year[3] - The company's total assets as of September 30, 2021, amounted to ¥644,032,207.80, compared to ¥525,216,706.84 at the end of 2020, representing a growth of 22.6%[13] - Current assets totaled ¥382,424,140.55, an increase of 31.1% from ¥291,781,071.59 at the end of 2020[12] - The total liabilities as of September 30, 2021, were ¥206,538,106.05, up from ¥120,695,252.41, indicating a rise of 71.1%[13] - The company reported a total liability of CNY 105,723,922.66, slightly up from CNY 105,487,934.46 in the previous period[22] - Total liabilities amounted to CNY 120,695,252.41, a decrease of CNY 4,926,087.74 from the previous period[23] - Total equity attributable to shareholders was CNY 404,521,454.43, with retained earnings showing a deficit of CNY -373,303,394.52[23] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥25,892,578.54, showing an increase of 80.91% compared to the same period last year[2] - Operating cash inflow for the period reached CNY 183,434,376.80, an increase of 36.4% compared to CNY 134,440,799.98 in the previous period[19] - Net cash outflow from investment activities was CNY -37,541,655.74, an improvement from CNY -45,962,311.63 in the previous period[20] - Net cash flow from financing activities was CNY 58,973,201.27, compared to a net outflow of CNY -259,127.27 in the previous period[20] - Total cash and cash equivalents increased by CNY 47,324,124.07, contrasting with a decrease of CNY -31,908,921.00 in the previous period[20] Shareholder Information - The company reported a total of 20,073 common shareholders at the end of the reporting period[9] - The top shareholder, Li Qingyue, holds 10.62% of the shares, amounting to 25,849,960 shares[9] Operational Metrics - The company experienced a significant increase in sales volume due to strong market demand, contributing to the revenue growth exceeding 30% year-to-date[7] - Total operating costs for the same period were ¥215,656,217.34, up from ¥181,352,754.28, reflecting a rise of 18.9%[16] - The company invested ¥13,367,661.34 in research and development during the first nine months of 2021, an increase from ¥10,965,292.09 in the previous year, reflecting a growth of 22.1%[16] - Cash received from sales of goods and services was CNY 169,072,029.40, up from CNY 119,101,819.89 in the same period last year, marking a growth of 42.0%[19] - Cash paid for purchasing goods and services was CNY 100,459,101.44, an increase of 38.7% from CNY 72,448,238.30 in the previous period[20] - Cash paid to employees was CNY 44,227,901.55, which is a 28.2% increase compared to CNY 34,519,661.55 in the previous period[20] Accounting Standards - The company has implemented new leasing standards affecting the financial statements, requiring adjustments to the balance sheet[21] - The company has not undergone an audit for the third quarter report[24]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥156,541,005.09, representing a 44.06% increase compared to ¥108,667,032.08 in the same period last year[17]. - The net profit attributable to shareholders was ¥21,357,630.40, a significant increase of 860.75% from ¥2,223,005.74 in the previous year[17]. - The net profit after deducting non-recurring gains and losses reached ¥16,638,216.66, compared to a loss of ¥1,338,958.82 in the same period last year, marking a 1,342.62% improvement[17]. - The net cash flow from operating activities was ¥25,153,498.68, up 55.04% from ¥16,223,790.36 in the previous year[17]. - Basic earnings per share increased to ¥0.0877, reflecting an increase of 863.74% compared to ¥0.0091 in the same period last year[17]. - Total operating revenue for the first half of 2021 reached ¥156,541,005.09, an increase of 44.1% compared to ¥108,667,032.08 in the same period of 2020[117]. - Net profit for the first half of 2021 was ¥21,357,630.40, significantly higher than ¥2,223,005.74 in the first half of 2020, marking an increase of 861.5%[118]. - The company’s total comprehensive income for the first half of 2021 was ¥21,357,630.40, compared to ¥2,223,005.74 in the same period of 2020[119]. Assets and Liabilities - Total assets at the end of the reporting period were ¥573,246,428.18, a 9.14% increase from ¥525,216,706.84 at the end of the previous year[17]. - The total liabilities of the company were CNY 147,367,343.35, compared to CNY 120,695,252.41 at the end of 2020, marking an increase of approximately 22.2%[109]. - The company's non-current assets amounted to CNY 258,977,295.04, up from CNY 233,435,635.25, which is an increase of about 11.0%[108]. - The cash and cash equivalents decreased to CNY 102,957,565.85 from CNY 110,980,864.61, representing a decline of approximately 7.5%[107]. - Accounts receivable increased to ¥83,890,063.63, representing 14.63% of total assets, up from 14.48% the previous year[38]. - Inventory levels rose to ¥85,138,321.51, accounting for 14.85% of total assets, an increase of 2.20%[38]. Research and Development - The company invested 8.57 million yuan in R&D, representing a 24.52% increase from the previous year[32]. - The company holds a total of 62 patents, including 7 invention patents and 55 utility model patents, indicating strong R&D capabilities[29]. - The company plans to enhance its R&D efforts to maintain a competitive edge in the quartz crystal component market, particularly in response to 5G and IoT demands[50]. Sales and Market Performance - Domestic sales accounted for 72.35% of total revenue, while international sales made up 27.65%, with a 12.05% increase in foreign sales[34]. - The sales of resonators contributed 98.68% to total revenue, with a 44.70% increase compared to the previous year[34]. - The gross profit margin improved due to increased sales of miniaturized products, reflecting the company's ability to leverage scale effects[27]. Corporate Governance and Management - The company plans not to distribute cash dividends or issue bonus shares[5]. - There were no changes in the company's board of directors, supervisors, or senior management during the reporting period[60]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[57]. Compliance and Legal Matters - The company did not experience any environmental pollution incidents or violations during the reporting period[60]. - There were no major lawsuits or arbitration matters during the reporting period[70]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[65]. - The company has not conducted any major related party transactions during the reporting period[72]. Financial Management - The company is actively monitoring foreign exchange market fluctuations to mitigate risks associated with its high proportion of overseas sales[50]. - The company aims to explore new emerging business opportunities while carefully assessing market conditions and technological advancements[51]. - The company has invested CNY 100.02 million in bank wealth management products, with no overdue amounts or impairment provisions reported[85]. Accounting Policies - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status as of June 30, 2021[151]. - The company adopts the Chinese Yuan (RMB) as its functional currency for accounting purposes[154]. - The company consolidates financial statements based on control, including all subsidiaries, and offsets internal transactions[156]. Intangible Assets and Investments - The company capitalizes development phase expenditures as intangible assets if they meet specific criteria, including technical feasibility and intention to complete the asset for use or sale[200]. - The estimated useful life for software is 5 years, while non-patented technology is estimated at 8-10 years, both using the straight-line method for amortization[199]. - The company uses the cost method for accounting long-term equity investments in subsidiaries, recognizing investment income based on declared dividends or profits[185].