积成电子股份有限公司 2017 年第三季度报告全文 积成电子股份有限公司 2017 年第三季度报告 2017 年 10 月 所有董事均已出席了审议本次季报的董事会会议。 公司负责人杨志强、主管会计工作负责人严中华及会计机构负责人(会计主 管人员)秦晓军声明：保证季度报告中财务报表的真实、准确、完整。 2 积成电子股份有限公司 2017 年第三季度报告全文 第二节 公司基本情况 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 积成电子股份有限公司 2017 年第三季度报告全文 第一节 重要提示 1 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。 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 3,445,701,737.29 | | 2,920,450,183.95 | 17.99% | | 归属于上市公司股东的净资产 | 1,706,053,842.91 | ...

积成电子股份有限公司 2017 年第三季度报告正文 证券代码：002339 证券简称：积成电子 公告编号：2017-078 积成电子股份有限公司 2017 年第三季度报告正文 1 积成电子股份有限公司 2017 年第三季度报告正文 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。 公司负责人杨志强、主管会计工作负责人严中华及会计机构负责人(会计主 管人员)秦晓军声明：保证季度报告中财务报表的真实、准确、完整。 2 积成电子股份有限公司 2017 年第三季度报告正文 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | -48,086.54 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 一标准定额或定量享受的政府补助除外） | 3,843,000.00 | | | 除上述各项之外的其他营业外收入和支出 | 73,671.85 ...

Financial Performance - The company's operating revenue for the reporting period was ¥442,782,167.79, a decrease of 15.13% compared to ¥521,700,974.23 in the same period last year[17]. - The net profit attributable to shareholders was a loss of ¥7,783,834.08, representing a decline of 138.79% from a profit of ¥20,066,228.50 in the previous year[17]. - The basic earnings per share were -¥0.02, a decrease of 140.00% from ¥0.05 in the same period last year[17]. - The company achieved total revenue of ¥442,782,167.79, a decrease of 15.13% compared to the previous year[33]. - Revenue from the power automation sector was ¥351,690,843.15, accounting for 79.43% of total revenue, down 15.03% year-on-year[41]. - The utility automation segment saw revenue drop by 34.62% to ¥63,710,316.64, representing 14.39% of total revenue[41]. - The company reported a gross margin of 40.80% in the power automation sector, down 4.91% from the previous year[43]. - The company reported a comprehensive income loss of -7,783,834.08 CNY for the current period, compared to a gain of 589,116 CNY in the previous period[135]. - The total profit for the current period is ¥5,161,955.84, a decline of 75.7% from ¥21,212,271.87 in the previous period[124]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 14.78%, amounting to -¥206,642,233.05 compared to -¥242,480,228.99 in the same period last year[17]. - The company reported a cash outflow from investing activities of ¥138,073,584.88, compared to ¥121,597,847.90 in the previous period[129]. - The cash flow from financing activities resulted in a net inflow of ¥115,409,268.45, down from ¥148,386,178.43 in the previous period[130]. - The company’s cash and cash equivalents decreased by 6.31% to a net outflow of ¥229,306,549.48[39]. - The ending cash and cash equivalents balance is ¥264,356,901.02, slightly up from ¥256,715,197.52 in the previous period[130]. - The company reported a net cash outflow from operating activities of ¥206,642,233.05, an improvement of 14.78% compared to the previous year[39]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,042,820,073.14, an increase of 4.19% from ¥2,920,450,183.95 at the end of the previous year[17]. - The total liabilities increased to CNY 1,364,326,894.62 from CNY 1,268,737,933.95, primarily due to an increase in short-term borrowings[113]. - Short-term borrowings rose to ¥550,890,000.00, accounting for 18.10% of total liabilities, an increase of 4.89%[46]. - Inventory increased to ¥477,948,838.03, representing 15.71% of total assets, up from 12.12% the previous year[46]. - Current assets decreased to CNY 2,165,327,169.80 from CNY 2,204,219,407.83, with cash and cash equivalents dropping from CNY 534,802,470.40 to CNY 318,801,250.10[111]. Investments and R&D - Research and development investment rose by 22.96% to ¥51,452,628.74, reflecting the company's commitment to innovation[39]. - The company invested ¥107,060,000.00 during the reporting period, a slight increase of 1.80% from ¥105,170,000.00 in the previous year[48]. - The company successfully launched a new ultrasonic water meter, enhancing its product line in the smart water business[34]. Corporate Governance and Compliance - The company has maintained compliance with commitments made by its major shareholders and executives during the reporting period[67]. - The financial report for the first half of the year has not been audited[70]. - The company has not engaged in any related party transactions during the reporting period[76]. - The company has not experienced any major litigation or arbitration matters during the reporting period[73]. Market and Business Strategy - The company continues to focus on automation solutions in the power sector, including smart grid automation and renewable energy control solutions[24]. - The company operates on an order-based production model, primarily selling through bidding processes with major power companies[24]. - The total order volume for power automation increased by 20.5% year-on-year, reaching a historical high for the same period[34]. - The public utility automation business saw contract amounts increase by over 50% year-on-year, driven by smart water and gas solutions[34]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,649[96]. - Major shareholders include Yang Zhiqiang with a 4.31% stake and Zhang Yuefei with a 4.30% stake[96]. - The total number of shares outstanding remained at 378,896,000, with no changes during the reporting period[93]. Risk Management - The company faces risks related to technology development, market competition, management, and human resources, with measures in place to mitigate these risks[60][62]. - The company has committed to avoiding competition with its own products and has adhered to this commitment[69].

Financial Performance - Revenue for Q1 2017 was ¥102,081,731.33, a decrease of 39.16% compared to ¥167,789,153.65 in the same period last year[8] - Net profit attributable to shareholders was -¥51,040,091.75, representing a decline of 48.81% from -¥34,298,318.99 year-on-year[8] - Basic and diluted earnings per share were both -¥0.13, down 44.44% from -¥0.09 in the same period last year[8] - The weighted average return on equity was -3.39%, down from -2.35% in the same period last year, indicating a decline of 1.04%[8] - The net profit attributable to shareholders for the first half of 2017 is expected to decrease by 100% to 50% compared to the same period last year[17] Cash Flow and Assets - The net cash flow from operating activities improved by 27.97%, amounting to -¥125,261,775.67 compared to -¥173,899,227.27 in the previous year[8] - The company's cash and cash equivalents decreased by 36.52% compared to the beginning of the period, primarily due to significant external investment payments[15] - Total assets at the end of the reporting period were ¥2,857,597,572.47, a decrease of 2.15% from ¥2,920,450,183.95 at the end of the previous year[8] - Net assets attributable to shareholders decreased by 3.34% to ¥1,478,806,688.56 from ¥1,529,846,780.31 at the end of the previous year[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,012[11] - The top shareholder, Yang Zhiqiang, held 4.31% of shares, amounting to 16,321,200 shares, with 12,240,900 shares pledged[11] Operational Metrics - Operating revenue decreased by 39.16% year-on-year, primarily due to delays in contract delivery and acceptance[15] - Operating costs decreased by 49.11% year-on-year, reflecting the decline in operating revenue[15] - Investment income increased by 781.53% year-on-year, mainly due to significant investment income recognized from subsidiaries[15] - Cash received from investment increased by 3164.27% year-on-year, primarily due to investments from minority shareholders[15] Inventory and Other Assets - Accounts receivable decreased by 42.54% compared to the beginning of the period, mainly due to the redemption of previously received notes[15] - Inventory increased by 35.87% compared to the beginning of the period, attributed to preemptive stockpiling[15] - Other current assets increased by 356.21% compared to the beginning of the period, mainly due to an increase in deductible VAT input[15] Market Outlook - The company anticipates a decline in overall project gross margin due to intense market competition[17] - The company received government subsidies amounting to ¥1,435,714.28 during the reporting period[9]

Financial Performance - The company's operating revenue for 2016 was ¥1,421,634,976.13, representing a 10.57% increase compared to ¥1,285,785,547.23 in 2015[16] - The net profit attributable to shareholders decreased by 45.19% to ¥78,984,466.07 from ¥144,105,659.88 in the previous year[16] - The net profit after deducting non-recurring gains and losses was ¥69,649,136.88, down 48.59% from ¥135,489,067.73 in 2015[16] - The basic earnings per share fell by 44.74% to ¥0.21 from ¥0.38 in 2015[16] - The total assets at the end of 2016 increased by 24.58% to ¥2,920,450,183.95 compared to ¥2,344,163,662.45 at the end of 2015[16] - The net assets attributable to shareholders rose by 3.81% to ¥1,529,846,780.31 from ¥1,473,633,629.63 in 2015[16] - The net cash flow from operating activities was negative at -¥166,373,669.20, worsening by 185.81% compared to -¥58,211,094.32 in 2015[16] - The company reported a quarterly revenue of ¥518,439,463.07 in Q4 2016, with a net profit of -¥664,386.94 for the same quarter[20] Revenue Sources and Growth - The company achieved total operating revenue of CNY 1,421.63 million, a year-on-year increase of 10.57%[34] - The contract amount signed through the State Grid's centralized bidding decreased by 32.2% to CNY 337 million[35] - The self-signed contract amount by various marketing regions exceeded CNY 900 million, a year-on-year increase of 50.9%[35] - The company’s revenue from distribution terminal products surpassed CNY 200 million, benefiting from integrated switch and fault indicator sales[35] - The public utility automation segment achieved revenue of ¥235 million, a growth of 16.71% compared to ¥201 million in the previous year, accounting for 16.54% of total revenue[41] - The company’s revenue from the electric grid dispatch automation segment increased by 50.95% to ¥135 million, with a gross margin of 59.07%[43] - The company’s marketing in the southern region saw a significant revenue increase of 95.41%, reaching approximately ¥126 million[41] Research and Development - The company received three invention patents and 14 utility model patents during the reporting period, further strengthening its R&D capabilities[38] - In 2016, the company's R&D investment amounted to ¥93,109,688.40, a 72.78% increase from ¥53,890,606.74 in 2015, representing 6.55% of total revenue[54] - The number of R&D personnel increased by 18.85% to 927 in 2016, accounting for 40.37% of the workforce[54] - The company aims to enhance R&D investment in cutting-edge technologies to align more closely with market demands and actively launch new products[78] - The company will strengthen its R&D management and optimize product structure to mitigate risks associated with technological advancements[76] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥0.30 per 10 shares, totaling approximately ¥11,356,880.00 based on 378,896,000 shares[5] - For the 2016 fiscal year, the company plans to distribute a cash dividend of 0.3 yuan per 10 shares, totaling 11,366,880 yuan, which represents 14.39% of the net profit attributable to shareholders[85][87] - The company distributed a cash dividend of 0.6 yuan per 10 shares for the 2015 fiscal year, totaling 22,733,760 yuan[83] - The company has maintained a long-term positive return policy to shareholders while ensuring healthy and sustainable development[90] Market Expansion and Strategic Initiatives - The company successfully applied the first pilot project for the three-in-one meter in Changzhou, leading to expansion in over ten cities nationwide[35] - The company’s industry outside market expansion achieved significant results, with contract amounts for grid and substation products exceeding CNY 150 million[35] - The company launched a smart energy service cloud platform in collaboration with Baidu, responding to the demand for urban public utility information construction[36] - The company aims to enhance its core competitiveness by actively expanding into energy internet, information security, and 3D printing additive manufacturing sectors[76] - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 200 million allocated for potential deals[146] Financial Position and Assets - The total assets of Jicheng Electronics as of December 31, 2016, amounted to CNY 2,920,450,183.95, an increase from CNY 2,344,163,662.45 at the beginning of the year, representing a growth of approximately 24.5%[194] - The company's total liabilities increased to CNY 1,268,737,933.95 from CNY 772,080,493.54, reflecting a rise of about 64.2%[193] - The total equity attributable to shareholders of the parent company rose to CNY 1,529,846,780.31, up from CNY 1,473,633,629.63, indicating an increase of approximately 3.8%[194] - Cash and cash equivalents at the end of the year were CNY 534,802,470.40, compared to CNY 483,375,830.31 at the beginning, marking an increase of about 10.7%[191] - Accounts receivable grew to CNY 1,181,257,645.76 from CNY 936,876,553.63, which is an increase of approximately 26.0%[191] Governance and Compliance - The company has implemented measures to avoid competition with its own products by its executives and subsidiaries[93] - The company has maintained compliance with all commitments made to minority shareholders[93] - The company has established an independent financial department with a complete accounting system and does not share bank accounts with shareholders[164] - The company has a transparent information disclosure policy, ensuring all shareholders receive timely and accurate information[160] - The company has not faced any significant differences in governance compared to regulatory standards set by the China Securities Regulatory Commission[161] Employee Management and Compensation - The total number of employees in the company is 2,296, with 1,419 in the parent company and 877 in major subsidiaries[152] - The total remuneration for directors and senior management during the reporting period amounts to 545.53 million CNY[151] - The chairman, Yang Zhiqiang, received a total pre-tax remuneration of 54.24 million CNY[150] - The company has established a comprehensive training system aimed at enhancing management skills and overall business capabilities[155] - The company adheres to a salary policy that balances internal equity and external competitiveness, with remuneration based on contribution, responsibility, and capability[154]

Financial Performance - Operating revenue for the current period reached CNY 381,494,538.83, reflecting a year-on-year growth of 15.84%[8] - Net profit attributable to shareholders was CNY 59,582,624.51, up 12.94% from the same period last year[8] - The net profit after deducting non-recurring gains and losses was CNY 59,090,620.77, an increase of 12.82% year-on-year[8] - Basic earnings per share rose by 14.29% to CNY 0.16[8] - The weighted average return on net assets was 3.97%, an increase of 0.13% compared to the previous year[8] - The estimated net profit attributable to shareholders for 2016 is projected to be between 144.11 million and 187.34 million RMB, representing a change of 0.00% to 30.00% compared to the previous year[21] - The net profit for 2015 attributable to shareholders was 144.11 million RMB, indicating stable growth in the company's operating performance[21] Asset and Shareholder Information - Total assets increased by 16.37% to CNY 2,727,854,421.13 compared to the end of the previous year[8] - The total number of shareholders at the end of the reporting period was 43,811[12] - The top ten shareholders held a combined 43.81% of the shares, with the largest shareholder, Yang Zhiqiang, owning 4.31%[12] Cash Flow and Investments - The net cash flow from operating activities decreased by 24.51% to CNY -391,042,348.04[8] - Cash and cash equivalents decreased by 51.05% compared to the beginning of the year, primarily due to slower collection of sales proceeds and increased external investments[16] - Accounts receivable increased by 32.7% compared to the beginning of the year, attributed to increased settlements but slower collection of sales proceeds[16] - Prepaid accounts increased by 157.3% compared to the beginning of the year, mainly due to increased advance payments for procurement[16] - Inventory increased by 39.77% compared to the beginning of the year, resulting from increased stockpiling[16] - Long-term equity investments increased by 340.88% compared to the beginning of the year, due to capital increases in joint ventures such as Jiangsu LeKe Energy Technology Co., Ltd.[16] - Cash paid for investment increased by 119.54% compared to the same period last year, due to capital increases in joint ventures such as Jiangsu LeKe Energy Technology Co., Ltd.[17] Expenses and Taxation - Financial expenses increased by 167.78% compared to the same period last year, primarily due to higher interest expenses on bank loans[16] - Investment income increased by 3097.87% compared to the same period last year, mainly from the disposal of the subsidiary Yiyuan Fuxiang Photovoltaic Power Co., Ltd.[16] - Tax refunds received increased by 62.96% compared to the same period last year, attributed to higher software product tax refunds[16] - Cash paid for various taxes increased by 53.98% compared to the same period last year, due to higher amounts of taxes payable at the beginning of the year[16] Compliance and Governance - There were no significant non-recurring gains or losses reported during the period[9] - The company has no instances of non-compliance with external guarantees during the reporting period[22] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[23] - The company did not engage in any research, communication, or interview activities during the reporting period[24]

Financial Performance - The company achieved total operating revenue of ¥521,700,974.23, representing a year-on-year increase of 28.31%[29]. - The net profit attributable to shareholders was ¥20,066,228.50, reflecting a year-on-year growth of 2.75%[29]. - Total operating revenue for the first half of 2016 reached ¥521,700,974.23, an increase of 28.3% compared to ¥406,595,719.30 in the same period last year[118]. - Net profit for the first half of 2016 was ¥23,058,592.46, representing a 21.1% increase from ¥19,045,813.87 in the previous year[119]. - The net profit attributable to shareholders of the parent company was ¥20,066,228.50, compared to ¥19,529,564.99 in the same period last year, reflecting a growth of 2.8%[119]. - The total comprehensive income for the first half of 2016 was ¥23,058,592.46, compared to ¥19,045,813.87 in the previous year, showing an increase of 21.1%[119]. - The company's total liabilities increased to ¥936,249,397.93, up from ¥733,317,065.25, indicating a rise of 27.7%[118]. - Total equity stood at ¥1,319,003,160.78, slightly down from ¥1,323,781,995.97, a decrease of 0.4%[118]. - The company's financial expenses surged by 271.85% to ¥8,580,476.42 due to increased bank loan interest[34]. - The company reported an operating profit of ¥14,965,081.74, a decrease of 36.3% from ¥23,449,900.13 in the prior year[118]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,649,935,180.01, a 13.04% increase from the previous year[21]. - Current assets totaled CNY 1,863,189,216.65, up from CNY 1,788,162,604.21, indicating an increase of about 4.5%[109]. - Total liabilities reached CNY 1,079,302,327.60, compared to CNY 772,080,493.54, showing an increase of approximately 39.7%[110]. - The company's short-term borrowings increased to CNY 350,000,000.00 from CNY 330,000,000.00, a rise of about 6.1%[110]. - Non-current assets totaled CNY 786,745,963.36, up from CNY 556,001,058.24, indicating an increase of approximately 41.4%[109]. - The total current liabilities amounted to CNY 867,331,851.38, compared to CNY 719,318,588.76, reflecting an increase of approximately 20.6%[110]. - The company's equity attributable to shareholders decreased slightly to CNY 1,470,966,098.13 from CNY 1,473,633,629.63, a decline of about 0.2%[111]. Investments and Contracts - The new contract amount for power automation business reached ¥612 million, an increase of 18.2% year-on-year[30]. - The company signed contracts worth ¥612 million in the first half of the year, expanding its market presence[36]. - The company holds a 22.08% stake in Jiangsu LeKe Energy Technology Co., enhancing its capabilities in micro-energy network projects[31]. - The company increased its external investment amount to ¥105,170,000, representing a 104.21% increase compared to ¥51,500,000 in the same period last year[42]. Research and Development - Research and development investment rose to ¥41,844,975.14, marking a 47.12% increase compared to the previous year[34]. - The company received 1 invention patent and 8 utility model patents, along with 15 software copyrights[31]. Shareholder Information - The total number of shares before the change was 378,896,000, with 21.89% being restricted shares and 78.11% being unrestricted shares[93]. - The total number of shareholders at the end of the reporting period was 47,964[96]. - The largest shareholder, Yang Zhiqiang, holds 4.31% of the shares, amounting to 16,321,200 shares[96]. - The second-largest shareholder, Wang Hao, also holds 4.31% of the shares, totaling 16,313,000 shares[96]. - The top ten unrestricted shareholders collectively hold significant portions of the company's shares, with Zhang Yuefei holding 16,298,000 shares[97]. Cash Flow - The net cash flow from operating activities was negative at -¥242,480,228.99, worsening by 5.90% year-on-year[21]. - Cash inflow from operating activities totaled CNY 520,343,965.32, an increase from CNY 407,133,883.70 in the previous period[125]. - Cash inflow from financing activities was CNY 311,909,000.00, up from CNY 180,000,000.00 in the last period[128]. - Net cash flow from financing activities was CNY 148,386,178.43, an increase from CNY 115,221,020.67 in the previous period[129]. - The ending cash and cash equivalents balance was CNY 256,715,197.52, down from CNY 265,172,693.94 in the prior period[130]. Corporate Governance - The company has not experienced any major litigation or arbitration matters during the reporting period[63]. - The company has not undergone any asset acquisitions or sales during the reporting period[65][67]. - No related party transactions occurred during the reporting period[70]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[98]. - The semi-annual financial report was not audited[106]. Accounting Policies - The financial statements are prepared based on the going concern assumption and comply with the relevant accounting standards[152]. - The company uses Renminbi as its functional currency for accounting purposes[155]. - The company follows specific accounting policies for revenue recognition and construction contract completion percentage[150]. - Financial assets and liabilities are initially recognized at fair value, with transaction costs directly expensed for those measured at fair value through profit or loss[176].

Financial Performance - The company's operating revenue for Q1 2016 was ¥167,789,153.65, representing a 22.25% increase compared to ¥137,250,959.32 in the same period last year[8] - The net profit attributable to shareholders was -¥34,298,318.99, a decrease of 242.64% from -¥10,009,920.93 year-on-year[8] - The basic and diluted earnings per share were both -¥0.09, a decline of 200.00% from -¥0.03 in the same period last year[8] - The weighted average return on net assets was -2.35%, down 1.61% from -0.74% in the previous year[8] - The net profit attributable to shareholders for the first half of 2016 is expected to range from 15.62 million to 21.48 million RMB, reflecting a decrease of 20% to an increase of 10% compared to the same period in 2015[21] - The net profit for the first half of 2015 was 19.53 million RMB, indicating a potential decline in profitability for 2016[21] - The decrease in profit is attributed to the subsidiaries being in the early stages of development, with investment returns not yet realized[21] Cash Flow and Assets - The net cash flow from operating activities was -¥173,899,227.27, showing a slight improvement of 0.70% compared to -¥175,119,436.00 in the previous year[8] - The total assets at the end of the reporting period were ¥2,358,076,029.00, an increase of 0.59% from ¥2,344,163,662.45 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 2.33% to ¥1,439,335,310.64 from ¥1,473,633,629.63 at the end of the previous year[8] - Accounts receivable decreased by 46.13% compared to the beginning of the period, mainly due to the redemption of previously received notes during the reporting period[15] - Prepaid accounts increased by 33.05% compared to the beginning of the period, primarily due to increased advance payments for procurement[15] - Other current assets decreased by 90.16% compared to the beginning of the period, mainly due to a reduction in deductible VAT from certain subsidiaries[15] - Construction in progress increased by 52.92% compared to the beginning of the period, primarily due to payments for the construction progress of the Sun Village Industrial Park project[15] Expenses and Financial Activities - Financial expenses increased by 366.44% compared to the same period last year, mainly due to increased bank borrowings and interest expenses[15] - Sales expenses increased by 55.72% compared to the same period last year, primarily due to higher after-sales maintenance costs incurred during the reporting period[15] - Cash paid for various taxes increased by 262.84% compared to the same period last year, primarily due to higher VAT payments[16] - Cash obtained from borrowings increased by 183.33% compared to the same period last year, mainly due to increased bank loans[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,477[11] - The top shareholder, Yang Zhiqiang, held 4.31% of the shares, with a total of 16,321,200 shares, of which 12,240,900 were pledged[11] Compliance and Activities - There are no violations regarding external guarantees during the reporting period[22] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[23] - The company has not engaged in any research, communication, or interview activities during the reporting period[24] Government Support - The company reported government subsidies amounting to ¥655,714.28 during the reporting period[9] Operating Cash Flow - Cash received from sales of goods and services increased by 48.93% compared to the same period last year, mainly due to significant increases in sales collections from certain subsidiaries[15] - Cash received from other operating activities increased by 74.1% compared to the same period last year, mainly due to higher returns of bid deposits[16]

Financial Performance - The company's operating revenue for 2015 was CNY 1,285,785,547.23, representing a 15.97% increase compared to CNY 1,108,751,708.46 in 2014[16] - The net profit attributable to shareholders for 2015 was CNY 144,105,659.88, an increase of 11.12% from CNY 129,690,268.71 in 2014[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 135,489,067.73, up 12.02% from CNY 120,950,620.15 in 2014[16] - The basic earnings per share for 2015 was CNY 0.38, an increase of 11.76% from CNY 0.34 in 2014[16] - The total assets at the end of 2015 were CNY 2,344,163,662.45, a 17.63% increase from CNY 1,992,760,400.71 at the end of 2014[16] - The net assets attributable to shareholders at the end of 2015 were CNY 1,473,633,629.63, an increase of 8.98% from CNY 1,352,261,729.75 at the end of 2014[16] - The weighted average return on equity for 2015 was 10.23%, slightly up from 10.01% in 2014[16] - The company reported a quarterly revenue of CNY 549,869,046.72 in Q4 2015, which was the highest among the four quarters[21] Revenue Breakdown - The power automation sector contributed ¥1,040,683,998.35, accounting for 80.94% of total revenue, with a growth of 15.11% year-on-year[43] - Revenue from the North marketing region was ¥677,399,548.04, representing 52.68% of total revenue, with a year-on-year growth of 37.97%[43] - The revenue from the public utility automation sector increased by 18.88% to ¥201,436,818.61, with a gross profit margin of 39.76%[43] - The company reported a 79.80% decline in revenue from power plant automation, dropping to ¥226,495.72[43] - The marketing overseas region saw a remarkable increase in revenue by 912.38%, reaching ¥677,985.37[43] Cash Flow and Investments - The net cash flow from operating activities for 2015 was negative CNY 58,211,094.32, a decrease of 252.13% compared to positive CNY 38,265,232.12 in 2014[16] - Operating cash inflow was ¥1,279,027,246.15, a 7.57% increase year-on-year, while cash outflow rose by 16.20% to ¥1,337,238,340.47[56] - The company made investments totaling ¥127,160,000.00 during the reporting period, compared to no investments in the previous year[62] - The financing cash inflow increased by 194.79% to ¥412,701,000.00, driven by increased bank loans[56] Research and Development - Research and development investment totaled ¥53,890,606.74, which is 4.19% of operating revenue, a decrease of 5.51% compared to the previous year[55] - The number of R&D personnel increased by 30.30% to 1,161, making up 54.71% of the workforce[55] - The company capitalized R&D expenditures amounting to ¥27,109,535.82, a 131.40% increase from the previous year[55] - New product development efforts are focused on enhancing electronic systems, with an investment of 50 million RMB allocated for R&D in 2016[168] Strategic Initiatives - The company plans to invest 20,000,000 in prepaid card sales and exchange services, aiming for a 10.00% increase in market share[66] - The company is expanding its market presence through strategic partnerships and acquisitions, particularly in the smart energy sector[66] - The company plans to adjust its sales strategy to enhance market promotion of smart gas meters, expecting rapid sales growth in 2016[73] - The company aims to enhance its existing performance by focusing on high-margin products such as high voltage substation protection and monitoring, and increasing the proportion of service-related business[88] Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.6 per 10 shares to all shareholders, based on a total of 378,896,000 shares[5] - The total distributable profit for the company was CNY 419,453,412.22, with 100% allocated to cash dividends[102] - The company distributed a cash dividend of CNY 0.6 per 10 shares for the years 2013, 2014, and 2015, totaling CNY 22,733,760 each year[99] - The cash dividend payout ratio for 2014 was 17.53% and for 2013 was 19.92%[101] Market Outlook - The company provided a positive outlook for 2016, projecting a revenue growth of 10% to 15% based on anticipated market expansion and new product launches[168] - The company anticipates significant market opportunities from the 2 trillion yuan investment in distribution network construction and renovation during the 13th Five-Year Plan[81] - The government’s policies on new urbanization and smart water management are expected to drive demand for the company's automation products[82] Corporate Governance - The company has established a fair and effective evaluation system for senior management performance based on standardized management and steady improvement in operational efficiency[200] - The company adheres to strict information disclosure obligations, ensuring timely and accurate communication with all shareholders[184] - The company has no outstanding governance issues and complies with the regulatory requirements set by the China Securities Regulatory Commission[178] - The board of directors consists of nine members, including three independent directors, ensuring compliance with legal requirements[181] Employee and Management Structure - The total number of employees in the company is 2,122, with 1,334 in the parent company and 788 in major subsidiaries[172] - The educational background of employees shows that 1,406 hold a bachelor's degree or higher, while 628 have a diploma or vocational education[173] - The company emphasizes employee rights and development, focusing on health, safety, and satisfaction[132] - The company’s management team has a strong background in electronics and business management, which supports its operational strategies[154][156]

积成电子股份有限公司 2015 年第三季度报告正文 证券代码：002339 证券简称：积成电子 公告编号：2015-055 积成电子股份有限公司 2015 年第三季度报告正文 1 积成电子股份有限公司 2015 年第三季度报告正文 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。 公司负责人杨志强、主管会计工作负责人严中华及会计机构负责人(会计主管人员)秦晓军声明：保证 季度报告中财务报表的真实、准确、完整。 2 积成电子股份有限公司 2015 年第三季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 2,288,779,683.81 | 1,992,760,400.71 | | 14 ...