广东超华科技股份有限公司 投资者关系活动记录表 证券代码：002288 证券简称：超华科技 广东超华科技股份有限公司投资者关系活动记录表 编号： | --- | --- | --- | --- | |-----------------------|------------------------------------------------------------|--------------------------------------------------------------|----------------------------------------------------------------| | | | | 20220922 | | 投资者关系活动类 | □ 特定对象调研 | □ 分析师会议 | | | 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 | "网上投资者集体接待日" | | | 参与单位名称及人 | 投资者网上提问 | | | | 员姓名 | | | | | 时间 ...

广东超华科技股份有限公司 2022 年第三季度报告 证券代码：002288 证券简称：超华科技 公告编号：2022-054 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 一、主要财务数据 （一） 主要会计数据和财务指标 广东超华科技股份有限公司 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） | 418,272,004.00 | -35.83% | 1,484,939,914.00 | -19.67% ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,066,667,910, a decrease of 10.87% compared to ¥1,196,789,683.63 in the same period last year[21]. - The net profit attributable to shareholders was ¥31,184,992.23, down 57.62% from ¥73,577,235.58 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was ¥40,019,255.50, a decline of 56.13% compared to ¥91,216,030.22 in the previous year[21]. - The net cash flow from operating activities was ¥76,167,130.11, representing a decrease of 14.16% from ¥88,735,771.69 in the same period last year[21]. - Basic earnings per share were ¥0.0335, down 57.59% from ¥0.0790 year-on-year[21]. - The gross profit margin for the main business decreased to 19.00%, down by 2.50% from the previous year[55]. - The total profit for the first half of 2022 was CNY 40,038,342.55, a decline of 55.5% compared to CNY 89,781,283.72 in the first half of 2021[169]. - The company's operating profit for the first half of 2022 was CNY 59,032,251.40, a decrease of 47.8% compared to CNY 113,122,743.28 in the previous year[169]. - The total comprehensive income for the first half of 2022 was CNY 35,898,595.20, down from CNY 73,346,104.24 in the same period of 2021[170]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,703,602,022.32, an increase of 1.04% from ¥3,665,337,956.08 at the end of the previous year[21]. - The net assets attributable to shareholders increased by 2.19% to ¥1,690,033,251.11 from ¥1,653,795,777.82 at the end of the previous year[21]. - Total liabilities as of June 30, 2022, were CNY 2,009,971,732.64, slightly up from CNY 2,007,606,261.60 at the start of the year[162]. - Current liabilities totaled CNY 1,831,079,937.24, an increase of 10.1% from CNY 1,663,116,798.83 in the previous period[162]. - Non-current liabilities decreased to CNY 178,891,795.40 from CNY 344,489,462.77 at the beginning of the year, a reduction of 48.1%[162]. Research and Development - The company invested CNY 53.72 million in R&D during the first half of 2022 to enhance product quality and accelerate new product development[37]. - Research and development expenses amounted to CNY 53,721,003.44, reflecting a decrease of 17.15% from CNY 64,840,891.39 in the previous year[51]. - The R&D expenditure for the first half of 2022 was CNY 90 million, representing an increase of 10% year-over-year[184]. - The company is focusing on technological advancements to improve operational efficiency and product offerings[183]. Market and Industry Outlook - The global demand for electrolytic copper foil is projected to reach 2,153,000 tons by 2025, with a compound annual growth rate (CAGR) of 23.19%[30]. - The global PCB industry is expected to reach a market value of USD 86.3 billion by 2025, with a CAGR of 5.8% from 2020 to 2025[32]. - The copper foil industry is entering a new growth channel driven by the demand from new technologies such as 5G and electric vehicles[30]. - Future guidance suggests a cautious outlook, with expected revenue growth of 2-4% for the next quarter[183]. Environmental Compliance - The company reported a chemical oxygen demand (COD) level of 21 mg/L in treated wastewater, meeting the discharge standard of 0.6913 tons annually[84]. - The company’s wastewater treatment facility met the first-level standards for ammonia nitrogen, with a concentration of 1.78 mg/L and an annual discharge of 0.0843 tons[85]. - The company is committed to maintaining compliance with local environmental discharge standards, including the GB18918-2002 and DB44/26-2001 regulations[85]. - The company has established a comprehensive waste management strategy to minimize environmental impact and enhance sustainability practices[86]. Shareholder and Governance - The total number of ordinary shareholders at the end of the reporting period is 87,905[146]. - The proportion of shares held by Liang Jianfeng is 18.43%, with a total of 171,723,000 shares[146]. - The company has not engaged in any significant equity or non-equity investments during the reporting period[63][64]. - The company has established measures to avoid potential competition among its major shareholders[106]. Legal and Regulatory Matters - The company reported a significant litigation case involving a false statement leading to a claim of 19.19 million yuan, which has been resolved with the payment completed[114]. - The company has a pending lawsuit with China Twenty-Second Metallurgical Group involving a construction contract dispute, with a claim amount of 135.755 million yuan[114]. - The semi-annual financial report was not audited, and a reserved opinion was issued by the accounting firm due to ongoing litigation matters[110]. - The company has faced administrative penalties for failing to disclose significant litigation matters in a timely manner, leading to corrective actions being implemented[116].

Financial Performance - The company's revenue for Q1 2022 was CNY 563,059,168.85, representing a 4.47% increase compared to CNY 538,972,381.59 in the same period last year[4] - Net profit attributable to shareholders decreased by 16.35% to CNY 28,014,134.87 from CNY 33,491,690.89 year-on-year[4] - The net profit after deducting non-recurring gains and losses increased by 16.42% to CNY 40,538,704.35 compared to CNY 34,820,324.68 in the previous year[4] - Total operating revenue for Q1 2022 was CNY 563,059,168.85, an increase of 4.0% compared to CNY 538,972,381.59 in Q1 2021[17] - Net profit for Q1 2022 was CNY 27,814,903.67, a decrease of 17.5% from CNY 33,732,676.62 in Q1 2021[18] - The basic earnings per share for Q1 2022 was CNY 0.0301, down from CNY 0.0359 in Q1 2021[18] Cash Flow and Liquidity - The net cash flow from operating activities rose by 23.48% to CNY 44,855,642.94 from CNY 36,324,892.38 in the same period last year[4] - The total cash inflow from operating activities was CNY 630,659,342.10, compared to CNY 2,259,945,511.96 in the same period last year, indicating a significant decrease[20] - The net cash flow from investment activities was -¥13,015,234.34 for Q1 2022, indicating a significant outflow[21] - The total cash inflow from financing activities was ¥102,973,418.18, while the cash outflow was ¥91,830,057.25, resulting in a net cash flow of ¥11,143,360.93[21] - The cash and cash equivalents at the end of Q1 2022 amounted to ¥57,370,456.44, an increase from ¥14,498,192.91 at the beginning of the period[21] - The company’s cash and cash equivalents increased by ¥42,872,263.53 during Q1 2022, reflecting positive cash management[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,708,678,108.79, a 1.18% increase from CNY 3,665,337,956.08 at the end of the previous year[4] - The total liabilities as of Q1 2022 amounted to CNY 2,023,545,467.60, slightly up from CNY 2,007,606,261.60 in Q1 2021[16] - The total current assets increased to CNY 2,031,043,148.03 from CNY 1,958,277,260.68, reflecting a growth of approximately 3.7%[13] - The total liabilities increased, with accounts payable rising to CNY 408,739,983.37 from CNY 394,833,845.13, reflecting an increase of about 3.5%[14] - Short-term borrowings increased to CNY 849,412,500.00 from CNY 832,387,500.00, indicating a rise of about 2.0%[14] Operational Highlights - The company is in the process of establishing a regional innovation center for high-performance electrolytic copper foil, as approved by the Guangdong Provincial Department of Industry and Information Technology[11] - The company is actively engaged in the development of new technologies and products, as indicated by its ongoing projects and innovation initiatives[11] Compliance and Governance - The company received corrective measures from the China Securities Regulatory Commission, indicating a focus on compliance and governance improvements[11] Other Financial Metrics - Cash and cash equivalents increased by 62.08% to CNY 88,479,613.97 due to an increase in received payments[7] - The company reported a significant increase in tax and additional fees by 64.22% to CNY 2,885,824.75, attributed to increased VAT payments[7] - Other income decreased by 98.00% to CNY 110,359.88 due to a reduction in government subsidies received[7] - The company experienced a 420.65% increase in credit impairment losses, amounting to CNY -6,122,232.11, due to increased provisions for bad debts[7] - Research and development expenses for Q1 2022 were CNY 27,408,806.13, down from CNY 32,203,001.95 in Q1 2021, indicating a decrease of 14.0%[17] - The company reported a decrease in other comprehensive income after tax of CNY -825,814.56 compared to CNY 925,269.54 in the previous year[18] - The report for Q1 2022 was not audited, which may affect the reliability of the financial data presented[22] - The company experienced a foreign exchange impact of -¥111,506.00 on cash and cash equivalents[21]

Financial Performance - The company's revenue for Q1 2022 was CNY 563,059,168.85, representing a 4.47% increase compared to CNY 538,972,381.59 in the same period last year[4] - Net profit attributable to shareholders decreased by 16.35% to CNY 28,014,134.87 from CNY 33,491,690.89 year-on-year[4] - The net profit after deducting non-recurring gains and losses increased by 16.42% to CNY 40,538,704.35 compared to CNY 34,820,324.68 in the previous year[4] - The total operating revenue for Q1 2022 was CNY 563,059,168.85, an increase of 4.0% compared to CNY 538,972,381.59 in Q1 2021[17] - The total operating costs for Q1 2022 were CNY 510,642,143.40, up from CNY 504,864,369.01 in the previous year, reflecting a rise of 1.5%[17] - The net profit for Q1 2022 was CNY 27,814,903.67, a decrease of 17.5% from CNY 33,732,676.62 in Q1 2021[18] - The operating profit for Q1 2022 was CNY 46,405,153.22, compared to CNY 41,742,394.28 in the same period last year, indicating an increase of 11.9%[17] - The basic earnings per share for Q1 2022 were CNY 0.0301, compared to CNY 0.0359 in Q1 2021, reflecting a decrease of 16.1%[18] Cash Flow and Assets - The net cash flow from operating activities rose by 23.48% to CNY 44,855,642.94 from CNY 36,324,892.38 in the same period last year[4] - Cash and cash equivalents increased by 62.08% to CNY 88,479,613.97 due to an increase in received payments[7] - The cash flow from operating activities for Q1 2022 was CNY 44,855,642.94, an increase from CNY 36,324,892.38 in Q1 2021[20] - The cash inflow from operating activities totaled CNY 630,659,342.10, compared to CNY 2,259,945,511.96 in the previous year, indicating a significant decrease[20] - The cash and cash equivalents at the end of the period increased to ¥57,370,456.44, up from ¥14,498,192.91 at the beginning of the period[22] - The company received ¥47,000,000.00 from borrowings during the financing activities[22] - The company paid ¥39,975,000.00 for debt repayment in the financing activities[22] - The company experienced a foreign exchange impact of -¥111,506.00 on cash and cash equivalents[22] Assets and Liabilities - Total assets at the end of the reporting period increased by 4.26% to CNY 3,708,678,108.79 from CNY 3,557,286,327.95 at the end of the previous year[4] - The total liabilities as of Q1 2022 were CNY 2,023,545,467.60, slightly up from CNY 2,007,606,261.60 in Q1 2021[16] - Shareholders' equity attributable to the parent company increased by 3.86% to CNY 1,680,984,098.13 from CNY 1,618,528,873.74 at the end of the previous year[4] - The total equity attributable to shareholders of the parent company was CNY 1,680,984,098.13, an increase from CNY 1,653,795,777.82 in the previous year[16] - The company has a total of 2,031,043,148.03 in current assets, up from 1,958,277,260.68, indicating an increase of approximately 3.7%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 85,480[9] - The largest shareholder, Liang Jianfeng, holds 18.43% of shares, amounting to 171,723,040 shares, with 128,792,280 shares under pledge[9] Operational Changes and Challenges - The company reported a significant increase in tax and additional charges by 64.22% to CNY 2,885,824.75 due to increased VAT payments[7] - Other income decreased by 98.00% to CNY 110,359.88, reflecting a reduction in government subsidies received[7] - The company experienced a 420.65% increase in credit impairment losses, amounting to CNY -6,122,232.11, due to increased provisions for bad debts[7] - The R&D expenses for Q1 2022 were CNY 27,408,806.13, down from CNY 32,203,001.95 in the previous year, showing a decrease of 14.8%[17] - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[23] Financing Activities - The total cash inflow from financing activities amounted to ¥102,973,418.18, while cash outflow was ¥91,830,057.25, resulting in a net cash flow of ¥11,143,360.93[22] - The cash inflow from other financing activities was ¥55,973,418.18, contributing to the overall financing cash inflow[22] - The company distributed dividends and interest payments totaling ¥23,775,191.88 during the financing activities[22] Innovation and Compliance - The company is leading the establishment of the Guangdong Province High-Performance Electrolytic Copper Foil Regional Innovation Center, as approved by the Guangdong Provincial Department of Industry and Information Technology[11] - The company has submitted a rectification report to the Guangdong Securities Regulatory Bureau following a corrective decision issued against it[11]

Financial Performance - The company's operating revenue for 2021 was ¥2,472,378,304.20, representing a 93.49% increase compared to ¥1,277,778,377.89 in 2020[21] - The net profit attributable to shareholders for 2021 was ¥71,885,933.74, a significant increase of 234.84% from ¥21,468,923.47 in 2020[21] - The net profit after deducting non-recurring gains and losses was ¥100,296,744.21, up 182.09% from ¥35,554,744.03 in the previous year[21] - The net cash flow from operating activities was ¥86,668,279.73, an increase of 36.57% compared to ¥63,459,558.35 in 2020[21] - Basic earnings per share for 2021 were ¥0.0772, reflecting a 235.65% increase from ¥0.0230 in 2020[21] - The total assets at the end of 2021 were ¥3,665,337,956.08, a decrease of 3.92% from ¥3,814,953,623.78 at the end of 2020[21] - The weighted average return on net assets was 4.44%, up from 1.35% in 2020, indicating improved profitability[21] - The company reported a gross profit margin of 17.26% for its main business, with a slight increase of 0.39% compared to the previous year[54] - The company’s main business revenue for 2021 reached ¥2,008,393,597, a significant increase compared to ¥1,039,074,285 in 2020, reflecting a growth rate of 93.29%[58] - The total operating costs for the main business in 2021 were ¥2,008,393,597, with a cost-to-revenue ratio of 99.16%[58] Revenue Breakdown - The total revenue for 2021 was 2,472,378,304.20 CNY, with a quarterly breakdown of 538,972,381.59 CNY in Q1, 657,817,302.04 CNY in Q2, 651,824,352.43 CNY in Q3, and 623,764,268.14 CNY in Q4[25] - Copper foil revenue surged by 223.04% to ¥1,538,646,288.23, significantly contributing to the overall revenue growth[52] - Domestic sales accounted for 92.97% of total revenue, with a significant year-on-year increase of 107.55%[52] Production Capacity and Development - The copper foil production capacity reached 20,000 tons per year in 2021, with the company also achieving production capabilities for 4.5μm lithium battery copper foil[35] - The company has an annual production capacity of 12 million sheets of copper-clad laminate (CCL) and 7.4 million square meters of printed circuit boards (PCB) in 2021[35] - A strategic investment of 12.26 billion yuan was made to establish a new production base in Guangxi, targeting an annual output of 100,000 tons of high-precision electronic copper foil[39] - The company has identified a strong demand for high-performance copper-clad laminates, with numerous projects planned for capacity expansion in the coming years[33] Research and Development - Research and development investment increased by 79.07% year-on-year to 13,203 million yuan, aimed at enhancing product quality and innovation[36] - The company successfully developed a 4.5μm lithium battery copper foil product, meeting high-end market demands[37] - The company is actively pursuing high-end product development, including ultra-thin and high-strength lithium battery copper foils[38] - The company aims to achieve "import substitution" by enhancing its R&D capabilities and focusing on high-end market segments[38] Strategic Focus and Market Trends - The company is focusing on strategic emerging industries, including information functional materials and new energy materials, aiming to become a leader in the high-precision copper foil market[35] - The overall market for copper foil is expected to grow significantly, driven by demand from lithium batteries and new infrastructure projects[32] - The company anticipates that the global battery manufacturers will continue to increase their investment in new energy, significantly driving the demand for lithium battery copper foil[90] - The company aims to expand its high-end copper foil and copper clad laminate business, focusing on the digital economy and new energy sectors[93] Risks and Challenges - The company faces risks from fluctuations in raw material prices, particularly copper, which significantly impacts gross margins; it aims to maintain good relationships with suppliers to enhance bargaining power[97] - Global economic slowdown and ongoing pandemic risks may lead to lower-than-expected downstream consumption, posing challenges for the company's product upgrades[98] - Increased competition in the industry may lead to price pressures and declining gross margins; the company plans to increase R&D investment to maintain profitability[100] - The company is addressing accounts receivable risks by improving its risk management system and enhancing customer evaluations to reduce bad debt risks[99] Corporate Governance and Management - The company held 7 meetings of the supervisory board during the reporting period, complying with relevant laws and regulations[107] - The company maintained complete independence from its controlling shareholder in business, personnel, assets, organization, and finance, ensuring no interference in decision-making[108] - The company emphasized social responsibility while maximizing shareholder interests, promoting a win-win situation for stakeholders[109] - The company established an independent financial department with a standardized accounting system, ensuring independent financial decision-making and tax compliance[119] Environmental Compliance - The company is classified as a key pollutant discharge unit, with specific pollutants including chemical oxygen demand and ammonia nitrogen, all meeting the required standards[164] - The company has implemented measures to recycle part of the treated wastewater for production processes[167] - The company is committed to maintaining compliance with environmental discharge standards as outlined in the relevant regulations[168] - The company has established a wastewater treatment station to ensure the quality of discharged water meets regulatory requirements[167] Employee and Management Structure - The total number of employees at the end of the reporting period was 1,911, with 847 in the parent company and 1,064 in major subsidiaries[149] - The professional composition includes 1,175 production personnel, 400 technical personnel, and 48 sales personnel[149] - The company has a total of 1 employee with a doctoral degree, 4 with master's degrees, and 69 with bachelor's degrees[150] - The company has established a remuneration decision-making process that involves evaluations by the board's remuneration and assessment committee[136]

Financial Performance - The company's revenue for Q3 2021 reached ¥651,824,352.43, representing a 67.47% increase year-over-year, and a total revenue of ¥1,848,614,036.06 for the year-to-date, up 100.72% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥27,627,129.44, an increase of 80.13% year-over-year, with a year-to-date net profit of ¥101,204,365.02, up 519.59%[3] - Total operating revenue for the third quarter reached ¥1,848,614,036.06, compared to ¥921,001,253.56 in the previous period[16] - Net profit for the third quarter was ¥101,223,282.22, a significant recovery from a net loss of ¥24,622,231.41 in the same period last year[18] - The company reported a total comprehensive income of ¥100,725,029.50, recovering from a loss of ¥33,268,837.47 in the previous year[19] Earnings Per Share - The basic earnings per share for Q3 2021 was ¥0.0297, reflecting an 80.00% increase year-over-year, while the diluted earnings per share also stood at ¥0.0297[3] - Basic and diluted earnings per share were both ¥0.1086, recovering from a loss of ¥0.0259 in the same period last year[19] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,588,028,474.52, a decrease of 5.95% from the end of the previous year[3] - The total assets decreased from 3,814,953,623.78 RMB at the end of 2020 to 3,588,028,474.52 RMB by September 30, 2021, a reduction of approximately 5.9%[13] - The company's total liabilities decreased to ¥1,898,520,062.36 from ¥2,226,170,241.11 year-over-year[15] - The total liabilities include short-term borrowings of 831,300,000.00 RMB as of September 30, 2021, compared to 785,557,476.46 RMB in 2020[13] Cash Flow - Cash flow from operating activities for the year-to-date was ¥119,830,277.47, an increase of 66.45% compared to the same period last year[3] - Cash inflow from operating activities totaled ¥3,672,857,335.19, a substantial increase from ¥1,047,782,980.70 in the previous period[21] - The net cash flow from operating activities for Q3 2021 was CNY 119,830,277.47, an increase from CNY 71,993,622.02 in Q3 2020, reflecting a growth of approximately 66.4%[22] - Total cash outflow from operating activities amounted to CNY 3,553,027,057.72, compared to CNY 975,789,358.68 in the same period last year, indicating a significant increase in operational expenditures[22] - The company reported a significant increase in cash paid for operating activities, totaling CNY 1,760,660,241.48, compared to CNY 63,497,361.06 in the same quarter last year[22] Research and Development - Research and development expenses for the year-to-date reached ¥97,392,287.22, a significant increase of 97.18% compared to the previous year, indicating a strong focus on innovation[6] - Research and development expenses amounted to ¥97,392,287.22, up from ¥49,392,636.65 in the previous period, indicating a focus on innovation[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 74,669[9] - The largest shareholder, Liang Jianfeng, holds 18.43% of shares, totaling 171,723,040 shares, with 128,792,280 shares pledged[9] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder and their affiliates controlling over 27% of the total shares[10] Government Subsidies - The company received government subsidies amounting to ¥9,087,771.00 during the reporting period, contributing positively to its financial performance[5] Cash and Cash Equivalents - The company's cash and cash equivalents decreased from 160,618,268.75 RMB at the end of 2020 to 50,409,985.72 RMB by September 30, 2021, a decline of approximately 68.7%[12] - The total cash and cash equivalents at the end of Q3 2021 were CNY 19,334,368.04, slightly up from CNY 19,322,147.71 at the end of Q3 2020[23] Other Financial Metrics - The company experienced a 44.06% increase in sales expenses, totaling ¥35,360,815.68, driven by the rise in revenue[6] - The company's long-term equity investments increased slightly from 379,396,115.53 RMB in 2020 to 387,289,165.54 RMB in 2021[13] - Accounts receivable increased from 605,162,720.18 RMB in 2020 to 667,248,784.17 RMB in 2021, representing an increase of about 10.3%[13] - Inventory levels remained relatively stable, with a slight decrease from 914,060,224.89 RMB in 2020 to 911,252,981.88 RMB in 2021[13] Financing Activities - The company has signed a working capital loan agreement with China Merchants Bank for 154 million RMB, with a term of one year[11] - Cash inflow from financing activities totaled CNY 667,870,912.89, down from CNY 1,089,927,398.90 in the previous year, indicating a reduction in financing activities[23] - The net cash flow from financing activities was -CNY 89,908,956.63, contrasting with a positive net cash flow of CNY 45,797,831.02 in Q3 2020, reflecting a shift in financing strategy[23] Audit Status - The Q3 2021 report was not audited, which may affect the reliability of the financial data presented[25]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,196,789,683.63, representing a 125.05% increase compared to CNY 531,783,428.51 in the same period last year[20]. - The net profit attributable to shareholders of the listed company reached CNY 73,577,235.58, a significant turnaround from a loss of CNY 39,457,219.10 in the previous year, marking a 286.47% increase[20]. - The net profit after deducting non-recurring gains and losses was CNY 91,216,030.22, compared to a loss of CNY 20,560,202.84 in the same period last year, reflecting a 543.65% increase[20]. - The net cash flow from operating activities was CNY 88,735,771.69, up 183.95% from CNY 31,250,243.09 in the previous year[20]. - The basic earnings per share increased to CNY 0.0790 from a loss of CNY 0.0424, representing a 286.32% improvement[20]. - The company's main business revenue reached ¥1,179,219,640.67, representing a year-on-year increase of 126.86%[56]. - The gross profit margin for the main business improved to 21.50%, up by 7.90% compared to the previous year[56]. - Revenue from copper foil products surged to ¥718,887,440.93, marking a 199.32% increase year-on-year[56]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,679,853,551.65, a decrease of 3.54% from CNY 3,814,953,623.78 at the end of the previous year[20]. - The total liabilities decreased to CNY 2,017,724,064.74 from CNY 2,226,170,241.11, a reduction of approximately 9.36%[171]. - The company's equity attributable to shareholders increased to CNY 1,657,301,469.01 from CNY 1,584,111,913.31, reflecting an increase of about 4.61%[172]. - The company's total assets as of June 30, 2021, amounted to CNY 4,092,223,411.71, up from CNY 3,779,541,937.43 at the end of 2020, reflecting an increase of approximately 8.3%[176]. - The total liabilities increased to CNY 2,625,054,144.90 as of June 30, 2021, from CNY 2,378,713,102.95 at the end of 2020, representing an increase of approximately 10.4%[176]. Research and Development - Research and development investment reached 64.81 million yuan, a significant increase of 101.26% year-on-year[36]. - The company is committed to developing new technologies and products to meet the growing demand in the electric vehicle and renewable energy sectors[31]. - The company has ongoing research and development efforts in new products and technologies, although specific details were not disclosed in the report[61]. - Research and development expenses for the first half of 2021 were CNY 64,840,891.39, compared to CNY 32,217,325.41 in the first half of 2020, indicating a growth of about 101%[177]. Market Position and Strategy - The company focuses on strategic emerging industries such as information functional materials, new energy materials, and nanomaterials, aiming to become an "industrial unicorn" in the high-precision copper foil sector[28]. - The company is expanding its product line to include a full range of products from copper foil to various types of PCBs, providing one-stop service for customers[28]. - The company is actively pursuing new projects in high-growth areas such as 5G and electric vehicles, but faces risks related to project delays due to regulatory approvals and market conditions[81]. - The company aims to achieve "import substitution" by enhancing its R&D capabilities and focusing on high-end product development[37]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[90]. - The company has established a comprehensive environmental management system to monitor and control pollutant emissions[92]. - The company has implemented measures to ensure compliance with local and national environmental standards[91]. - The company has engaged third-party environmental monitoring agencies to ensure compliance with waste gas, wastewater, and noise standards[111]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 71,402[154]. - Shareholder Liang Jianfeng holds 18.43% of the total shares, amounting to 171,723,046 shares, with 42,930,760 shares pledged[154]. - The total number of restricted shares at the end of the period is 131,304,731, with 128,957,849 shares released during the current period[152]. - The report indicates that there are no related party transactions among the top shareholders, ensuring independent ownership[156]. Future Outlook - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[196]. - The company is exploring potential mergers and acquisitions to enhance its market position and growth prospects[196]. - Future guidance suggests a revenue growth target of 25% for the next fiscal year, supported by increased production capacity[65].

1 广东超华科技股份有限公司 2021 年第一季度报告全文 第一节 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人梁健锋、主管会计工作负责人梁新贤及会计机构负责人(会计主 管人员)梁新贤声明：保证季度报告中财务报表的真实、准确、完整。 2 广东超华科技股份有限公司 2021 年第一季度报告全文 广东超华科技股份有限公司 2021 年第一季度报告 2021 年 04 月 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 538,972,381.59 | 212,408,810.53 | 153.74% | | 归属于上市公司股东的净利润（元） | 33,491,690.89 | -29,989,962.16 | 211.68% | | 归属于上市公司股东的扣除非经常性损 益的净利润（元） | 34,820,324.68 | -36,270,132.02 ...

Financial Performance - The company's operating revenue for 2020 was approximately ¥1.28 billion, a decrease of 3.29% compared to ¥1.32 billion in 2019[16] - The net profit attributable to shareholders for 2020 was approximately ¥21.47 million, an increase of 16.03% from ¥18.50 million in 2019[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥35.55 million, up 6.47% from ¥33.40 million in 2019[16] - The net cash flow from operating activities increased significantly by 278.75% to approximately ¥63.46 million, compared to ¥16.75 million in 2019[16] - The total assets at the end of 2020 were approximately ¥3.81 billion, representing a growth of 19.06% from ¥3.20 billion at the end of 2019[16] - The net assets attributable to shareholders at the end of 2020 were approximately ¥1.58 billion, a slight increase of 0.37% from ¥1.58 billion at the end of 2019[16] - The basic earnings per share for 2020 was ¥0.023, an increase of 15.58% from ¥0.0199 in 2019[16] - Total revenue for 2020 was ¥1,277,778,377.89, a decrease of 3.29% compared to ¥1,321,304,306.10 in 2019[49] - Main business revenue accounted for ¥1,249,943,733.63, representing 97.82% of total revenue, with a year-on-year decline of 3.30%[49] - Circuit board revenue increased by 7.47% to ¥480,882,121.19, while copper clad laminate revenue decreased by 18.01% to ¥273,992,417.97[49] - Domestic sales contributed ¥1,107,449,493.71, accounting for 86.67% of total revenue, with a slight decline of 1.66%[49] - The gross profit margin for main business was 16.87%, down from the previous year by 3.79%[51] Production Capacity and Development - The company achieved a production capacity of 20,000 tons for high-precision electronic copper foil, ranking among the industry leaders[28] - The annual production capacity for copper-clad laminates (CCL) reached 12 million sheets, covering various thicknesses and types[28] - The PCB production capacity was reported at 7.4 million square meters, with capabilities for both single-sided and multi-layer boards[28] - In 2020, the company's copper foil production capacity increased by 67%, reaching 20,000 tons, positioning it among the top in the domestic market[40] - The company plans to invest 12.26 billion yuan in a new project in Guangxi, which will have an annual production capacity of 100,000 tons of high-precision electronic copper foil, making it the largest single production base globally[41] - The company has successfully developed and mass-produced RTF copper foil for 5G communications and is advancing the production of VLP copper foil and 4.5μm lithium battery copper foil[42] - The company is focused on expanding its production capabilities in the electronic components sector[78] Market Trends and Strategic Initiatives - The anticipated growth in the 5G and electric vehicle sectors is expected to drive demand for copper foil and PCB products significantly in the coming years[29] - The global PCB market is projected to grow to USD 63.98 billion in 2020, with a compound annual growth rate of 5.1% expected through 2024[31] - The company aims to become the largest electronic substrate new material provider in China, focusing on strategic emerging industries such as information functional materials and new energy materials[93] - The company plans to expand its high-end copper foil and copper-clad laminate business, enhancing its brand influence and solidifying its position in the electronic substrate field[95] Research and Development - The company has established partnerships with several universities to enhance its technological capabilities and maintain industry leadership[33] - The company is deepening partnerships with universities to enhance its R&D capabilities and accelerate the development of new products[43] - Research and development expenses increased by 4.92% to ¥73,732,811.80 in 2020, compared to ¥70,272,310.99 in 2019, representing 5.77% of total revenue[62] - The number of R&D personnel increased by 3.14% to 263 in 2020, while the proportion of R&D personnel to total employees decreased slightly to 12.06%[62] Subsidiaries and Investments - The company established two wholly-owned subsidiaries in 2020, with registered capital of ¥30 million and ¥10 million respectively[57] - The company established a wholly-owned subsidiary, Guangdong Super Hua New Materials Co., Ltd., with a registered capital of CNY 30 million, focusing on the manufacturing and sales of copper foil and PCB materials[73] - Another wholly-owned subsidiary, Xipengda Hotel Management Co., Ltd., was set up with a registered capital of CNY 10 million, providing hotel management and related services[73] - The company reported a total investment of 115,006,000 yuan in the high-precision electronic copper foil project, with a cumulative actual investment of 397,973,000 yuan by the end of the reporting period[78] Environmental Compliance and Sustainability - The company has implemented wastewater treatment processes that partially recycle treated water for production, enhancing resource efficiency[153] - The company operates one wastewater treatment facility, ensuring centralized management of effluent discharge[153] - The reported discharge limits are in accordance with the local and national environmental standards, reflecting the company's commitment to sustainability[155] - The company has not exceeded any of the specified discharge limits, indicating effective environmental management practices[153] - The company is classified as a non-key pollutant discharge unit by environmental authorities, suggesting a lower environmental impact[153] - The company has implemented a comprehensive hazardous waste management process, achieving standardized control and passing the hazardous waste pilot acceptance[161] Corporate Governance and Compliance - The company has established a comprehensive corporate governance structure, ensuring compliance with laws and regulations, and protecting shareholder rights[146] - The company’s board and senior management made commitments to avoid any potential conflicts of interest and ensure compliance with relevant regulations[114] - The company reported no significant accounting errors that required retrospective restatement during the reporting period[117] - The company has not engaged in any daily operational related party transactions during the reporting period[127] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 60,498[190] - The largest shareholder, Liang Jianfeng, holds 171,723,040 shares, representing 18.43% of the total shares[191] - The total number of shareholders with more than 5% ownership is 10[190] - The company reported no change in its controlling shareholder during the reporting period[193] Risks and Challenges - The company faces risks from raw material price fluctuations, particularly copper, which significantly impacts product gross margins[99] - The ongoing global economic slowdown and the COVID-19 pandemic may lead to lower-than-expected downstream consumption, posing risks to the company's performance[100] - Increased competition in the industry may lead to a decline in gross margins, prompting the company to focus on high-margin products and differentiated competition strategies[102]