证券代码：002426 证券简称：胜利精密 苏州胜利精密制造科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |----------------------|--------------------------|----------------------------------------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | 投资者关系活动类别 | □ | 媒体采访 □业绩说明会 | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 参与单位名称及人员姓 | 张博凯 麦格里 | | | 名 | 梁颖珊 麦格里 | | | | 郑宇评 麦格里 | | | 时间 | 2018 年 12 月 04 | 日 16:30—17:00 | | 地点 | 公司会议室 | | | 上市公司接待人员姓名 | 董事会秘书 殷勤 | | | | | 一、介绍公司从事的主营业务情况 | | | | 公司坚持实践"胜利智造未来"的发展战略，已成长为一家 | ...

Financial Performance - Revenue for Q3 2022 reached ¥1,323,965,171.32, an increase of 4.80% year-over-year[6] - Net profit attributable to shareholders was ¥94,847,775.89, a significant increase of 412.99% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥74,308,317.51, up 268.41% year-over-year[6] - Basic and diluted earnings per share for Q3 2022 were both ¥0.0281, representing a 412.22% increase year-over-year[6] - The net profit for the third quarter was 47,543,071.38 CNY, a significant increase compared to 7,587,773.33 CNY in the same period last year, representing a growth of approximately 526%[33] - The total revenue from operating activities was 3,334,211,351.97 CNY, down from 4,405,373,254.29 CNY year-over-year, indicating a decrease of about 24.3%[36] - The company reported a total comprehensive income of 2,113,450.51 CNY for the quarter, compared to a loss of -5,983,321.53 CNY in the same quarter last year[35] Cash Flow and Assets - Cash flow from operating activities for the year-to-date period was ¥22,568,163.02, reflecting a 108.46% increase[6] - The cash and cash equivalents at the end of the period were 193,842,188.94 CNY, down from 397,259,831.33 CNY at the end of the previous year, a decrease of approximately 51.2%[38] - The company generated 250,782,886.95 CNY in cash inflows from investing activities, a significant increase from 31,045,026.01 CNY in the previous year[38] - The net cash outflow from financing activities was -166,651,636.33 CNY, an improvement compared to -251,589,958.00 CNY in the same period last year[38] - The cash flow from operating activities showed a net inflow of 22,568,163.02 CNY, a recovery from a net outflow of -266,656,984.96 CNY in the previous year[36] - Total assets as of the end of Q3 2022 were ¥9,045,527,007.24, a decrease of 1.51% from the end of the previous year[6] - Current assets totaled CNY 3,604,683,003.51, down from CNY 3,785,781,493.19[25] - Total liabilities were CNY 4,490,179,309.20, down from CNY 4,630,415,268.61[25] - Non-current assets increased to CNY 5,440,844,003.73 from CNY 5,398,058,481.53[25] - The total assets impairment loss was reported at -27,481,464.69 CNY, a significant decrease from 71,565,008.31 CNY in the previous year, indicating improved asset management[33] Shareholder Information - The total number of common shareholders at the end of the reporting period is 111,749[15] - The largest shareholder, Baidu Life Insurance Co., Ltd., holds 10.06% of shares, totaling 204,214,013 shares[17] - The second-largest shareholder, Dongwu Venture Capital, holds 4.84% of shares, totaling 166,500,000 shares[17] - The company has 10 major shareholders with varying percentages of ownership, the smallest being 0.76%[15] Expenses and Costs - Significant decrease in sales expenses by 85.57% to ¥25,636,734.53 due to the impact of subsidiaries being excluded from consolidation[11] - Total operating costs amounted to CNY 3,205,594,796.01, down 17.5% from CNY 3,888,989,878.31 in the previous period[29] - Research and development expenses were CNY 124,738,819.59, a decrease of 41.5% compared to CNY 213,210,871.21 in the previous period[29] Investments and Guarantees - The company approved a guarantee for subsidiaries with a total limit of up to RMB 1.33 billion, valid for 12 months[18] - The company plans to invest a total of RMB 5.6 billion in the construction of high-performance composite copper foil production lines and 3A optical film production lines[22] - The company has a total of 3 billion RMB in guarantees for Nanjing Dele, effective until December 31, 2022[22] - The company has a total of 3 billion RMB in guarantees from its wholly-owned subsidiary Anhui Victory for its operational funding needs[18] - The company has a total of 700 million RMB in expected daily related transactions with Suzhou Puchang Electronics Technology Co., Ltd. for the year 2022[18] - The company has agreed to a transaction where the second phase of equity transfer payment will be made in a combination of cash and physical assets valued at RMB 332.24 million[21] Non-Recurring Gains - Non-recurring gains included ¥10,138,876.58 from government subsidies and ¥8,152,271.60 from funds charged to non-financial enterprises[7] - The company reported a substantial increase in asset disposal gains of 1174.59% to ¥106,199,632.40 from the disposal of land and buildings[14]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,841,383,303.88, a decrease of 25.83% compared to ¥2,482,733,643.44 in the same period last year[25]. - The net profit attributable to shareholders was -¥47,114,245.93, representing a decline of 234.74% from a profit of ¥34,966,010.32 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was -¥172,612,521.61, a decrease of 289.90% compared to -¥44,271,285.57 in the same period last year[25]. - The basic earnings per share were -¥0.0139, a decline of 234.95% from ¥0.0103 in the previous year[25]. - The weighted average return on net assets was -1.04%, down from 0.77% in the previous year[25]. - The company's main business revenue for the first half of 2022 was CNY 1,779,541,206.90, a decrease of 25.48% year-on-year[50]. - The gross profit margin for the main business decreased by 11.22% to 7.62% due to the high margin of the smart manufacturing segment in the previous period[50]. Cash Flow and Assets - The net cash flow from operating activities improved to ¥117,469,623.35, a significant increase of 222.29% from -¥96,055,285.73 in the previous year[25]. - Total assets at the end of the reporting period were ¥8,968,537,679.51, down 2.34% from ¥9,183,839,974.72 at the end of the previous year[25]. - The net assets attributable to shareholders decreased by 1.56% to ¥4,491,780,789.51 from ¥4,562,746,642.53 at the end of the previous year[25]. - The company reported total assets of 362,953,330 RMB for Anhui Victory Precision Manufacturing Technology Co., Ltd., with a registered capital of 204,750,000 RMB[67]. - The company held cash and cash equivalents amounting to CNY 419,699,265.56, representing 4.68% of total assets[52]. Revenue Breakdown - The company reported a 14.02% decrease in revenue from consumer electronics, totaling CNY 1.68 billion, which accounted for 91.43% of total operating revenue[42]. - Automotive parts revenue reached CNY 96,002,486.47, with a growth of 6.38% compared to the previous year[50]. - Domestic revenue was CNY 598,340,721.89, down 17.65% year-on-year, while international revenue was CNY 1,243,042,581.99, down 29.22%[50]. Research and Development - The company's R&D investment was CNY 91.34 million, down 33.57% from CNY 137.49 million in the previous year, primarily due to the impact of subsidiaries being excluded from the consolidation[42]. - The company holds nearly 500 patents and emphasizes technological innovation and collaboration with academic institutions to enhance product development[41]. Market Outlook - The automotive parts business is expected to become a new profit growth point, driven by the increasing demand for larger and multifunctional in-car displays[37]. - The overall market for wearable devices is anticipated to grow rapidly, driven by technological innovations and increasing consumer demand[35]. - The automotive market in China is projected to reach 27 million units in 2022, with new energy vehicle sales expected to hit a record high of 5.5 million units[34]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[88]. - The total emissions for non-methane total hydrocarbons were 0.493 tons/year, and for COD, it was 3.1968 tons/year[88]. - The company has not reported any instances of exceeding emission limits during the reporting period[88]. - The company has established a temporary hazardous waste storage area at the factory site, ensuring compliance with environmental regulations[92]. - The company has implemented emergency response plans for environmental incidents, with specific filings made to local environmental authorities[99]. Corporate Governance and Shareholder Relations - The company emphasizes shareholder rights protection, particularly for minority shareholders, and has established a governance structure to enhance risk management[102]. - The company held two temporary shareholder meetings and one annual shareholder meeting in 2022, with investor participation rates of 10.84%, 10.08%, and 10.07% respectively[80]. - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from capital reserves for the half-year period[84]. Legal and Financial Obligations - The company is involved in multiple ongoing lawsuits, including a securities false statement dispute with a claim amount of RMB 8.22 million[121]. - The company has initiated legal proceedings for stock repurchase and compensation claims due to unfulfilled performance commitments from certain individuals, with a total claim amount of approximately RMB 79.98 million[112]. - Compensation of RMB 383,507,437.62 has been ordered by the Suzhou Arbitration Commission against an individual for unmet performance commitments from 2017, with additional legal fees of RMB 1,400,000[121]. Related Party Transactions - The company reported a significant related party transaction, selling goods worth 4.6727 million and purchasing materials worth 6.8754 million, with total purchases amounting to 19.7735 million, all priced at market rates[137]. - The approved transaction limit for related party transactions was 70 million, and the company did not exceed this limit during the reporting period[137]. Future Plans and Strategies - The company plans to maintain a competitive edge by optimizing product structure and expanding into new markets and businesses[75]. - The company plans to optimize its credit guarantee structure to ensure stable operational development[164].

Financial Performance - The company's revenue for Q1 2022 was ¥866,719,080.72, a decrease of 24.51% compared to ¥1,148,051,108.83 in the same period last year[4] - Net profit attributable to shareholders was ¥7,829,939.14, down 89.21% from ¥72,596,749.11 year-on-year[4] - The net profit after deducting non-recurring gains and losses was -¥110,124,507.71, a significant decline of 1,107.56% compared to ¥10,929,784.91 in the previous year[4] - Total operating revenue for the first quarter was ¥866,719,080.72, a decrease of approximately 24.5% compared to ¥1,148,051,108.83 in the previous year[26] - Total operating costs amounted to ¥965,478,180.77, down from ¥1,181,582,068.48, reflecting a reduction of about 18.3%[26] - The company reported a net loss of ¥2,723,045,451.77, slightly improved from a loss of ¥2,730,875,390.91 in the previous year[25] - The net profit for the current period is 8,548,105.93, compared to 74,180,505.05 in the previous period, reflecting a significant decrease[29] - The total profit amount is reported at 8,176,022.36, down from 82,951,176.50 in the previous period[29] - The operating profit stands at 3,357,832.21, compared to 64,438,186.45 in the previous period, indicating a decline[29] Cash Flow and Assets - Operating cash flow for the period was ¥78,758,102.01, an increase of 14.53% from ¥68,764,588.78 in the same quarter last year[4] - The cash and cash equivalents at the end of the reporting period amounted to RMB 414,487,584.61, an increase from RMB 392,680,645.59 at the beginning of the year[16] - The cash and cash equivalents at the end of the period amount to 263,296,253.63, compared to 840,375,361.19 at the end of the previous period[39] - The company reported a net cash outflow from financing activities of -122,630,773.09, an improvement from -240,635,429.53 in the previous period[36] - The cash inflow from operating activities totaled 1,242,330,891.97, down from 1,600,767,084.68 in the previous period[36] - Total assets at the end of the reporting period were ¥9,156,009,926.82, a slight decrease of 0.30% from ¥9,183,839,974.72 at the end of the previous year[4] - Current liabilities totaled ¥4,294,923,037.45, down from ¥4,342,635,423.43, reflecting a decrease of about 1.1%[22] - Long-term receivables decreased to ¥611,198,100.01 from ¥758,012,805.30, a decline of approximately 19.4%[22] - The company maintained a stable capital reserve of ¥3,760,156,450.80, unchanged from the previous period[22] - The total equity attributable to shareholders increased slightly to ¥4,569,184,473.62 from ¥4,562,746,642.53, showing a marginal growth[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 105,982[11] - The largest shareholder, Gao Yugen, holds 10.06% of shares, totaling 346,055,941 shares[11] - The company has a total of 252,693,800 shares pledged, indicating a significant level of financial leverage[11] - The company has no reported participation in margin financing activities among the top 10 shareholders[14] Expenses and Financial Management - The company recorded a decrease in sales expenses to ¥9,177,315.94, down 84.93% from ¥60,897,231.21 year-on-year, attributed to the deconsolidation of subsidiaries[7] - Financial expenses decreased by 44.85% to ¥15,328,084.00, mainly due to reduced borrowings[7] - Research and development expenses were ¥46,988,816.51, a decrease of 27.2% from ¥64,511,263.65 in the same period last year[26] Non-Recurring Gains and Losses - The company reported a total of ¥117,954,446.85 in non-recurring gains and losses for the period[6] - The company reported a significant increase in asset disposal gains of ¥103,517,465.44, up 1,065.02% from ¥8,885,495.98 in the same period last year, primarily due to the disposal of land and buildings in Hefei[7] Strategic Initiatives - The company plans to expand its market presence through strategic partnerships and product offerings[15] - The company is focusing on optimizing its credit guarantee structure to ensure stable operational development[15] - The second phase of equity transfer payment has been adjusted to be paid in a combination of physical assets and cash, with a total value of RMB 33,224,000[15] - The company approved a daily transaction amount not exceeding RMB 70 million with Suzhou Puchang Electronics Technology Co., Ltd. for the year 2022[15]

Financial Performance - The company's operating revenue for 2021 was approximately ¥5.00 billion, a decrease of 47.84% compared to ¥9.60 billion in 2020[27] - The net profit attributable to shareholders for 2021 was approximately ¥38.76 million, down 89.99% from ¥387.16 million in 2020[27] - The net cash flow from operating activities was negative at approximately ¥207.37 million, a decline of 143.32% compared to ¥478.72 million in 2020[27] - The basic earnings per share for 2021 were ¥0.0115, a decrease of 89.97% from ¥0.1146 in 2020[27] - The total assets at the end of 2021 were approximately ¥9.18 billion, down 17.92% from ¥11.19 billion at the end of 2020[27] - The company reported a significant decline in net profit after deducting non-recurring gains and losses, with a loss of approximately ¥540.77 million in 2021[27] - The weighted average return on net assets for 2021 was 0.85%, down from 8.87% in 2020, indicating a significant decrease in profitability[27] - The company achieved operating revenue of RMB 5.005 billion in 2021, a year-on-year decrease of 47.84%[52] - The net profit attributable to shareholders was RMB 38.76 million, down 89.99% year-on-year[52] - The total liabilities decreased to RMB 4.63 billion, a reduction of 29.88% compared to the end of the previous year[52] Cash Flow and Investments - Operating cash inflow decreased by 46.46% to ¥5,875,349,163.19 in 2021, compared to ¥10,973,734,893.05 in 2020[87] - The net cash flow from operating activities turned negative at -¥207,373,204.58, a decline of 143.32% from a positive ¥478,717,458.29 in 2020[87] - The company reported a significant drop in net cash flow from investment activities, down 87.80% to ¥137,213,898.52 in 2021 from ¥1,125,038,257.57 in 2020[87] - The company achieved an investment income of ¥495,070,671.92, which constituted 1,634.38% of total profit, primarily from the disposal of subsidiaries[89] - The cash and cash equivalents net increase was -¥865,950,403.49, a decline of 279.16% compared to an increase of ¥483,337,318.70 in 2020[87] Business Strategy and Market Focus - The company is focusing on core businesses, including mobile terminal products and smart manufacturing, to optimize its business structure and enhance market share[42] - The company plans to expand its smart manufacturing business by establishing a joint venture to provide customized solutions in the 3C consumer electronics and new energy sectors[43] - The automotive market is expected to grow by 9% in 2021, with a significant increase in demand for large-sized in-car displays, driven by the trend towards smart vehicle cabins[41] - The company aims to strengthen its competitive edge by enhancing cost control and expanding production capabilities in response to market demands[43] - The company aims to enhance the proportion of high value-added products and expand market share in emerging markets in 2022[130] - The focus will be on the automotive sector, particularly electric vehicle brands, to develop products like in-car central control screens and structural components[131] Research and Development - The company has over 480 patents in the mobile terminal business and more than 500 in the intelligent manufacturing sector, indicating a strong focus on technological innovation[50] - Research and development expenses increased by 9.42% year-on-year, totaling 294,108,668.23 CNY in 2021[69] - The company's R&D investment amounted to ¥294,108,668.23 in 2021, representing a 9.42% increase from ¥268,796,761.45 in 2020, and accounting for 5.88% of total revenue[83] - The number of R&D personnel increased by 0.61% to 819 in 2021, with the proportion of R&D staff rising to 15.52% from 14.17% in 2020[81] Corporate Governance and Management - The company strictly adheres to laws and regulations, ensuring compliance in governance and protecting the rights of shareholders, particularly minority shareholders[135] - The board of directors consists of 6 members, including 2 independent directors, and operates efficiently with a dedicated audit committee[137] - The company maintains complete independence from its controlling shareholder in terms of business operations, assets, personnel, finance, and institutions[144] - The company has established a comprehensive performance evaluation system for its directors and senior management, ensuring transparency and fairness[139] - The company has a fully independent financial department, with no instances of providing guarantees or loans to the controlling shareholder[147] Employee and Stakeholder Engagement - The total number of employees at the end of the reporting period was 5,278, with 974 in the parent company and 4,304 in major subsidiaries[198] - The workforce includes 2,498 production personnel, 527 sales personnel, 1,658 technical personnel, 84 financial personnel, and 511 administrative personnel[198] - The company has a competitive salary strategy based on market comparisons, with compensation consisting of base salary, position salary, and performance rewards[199] - The training development plan for 2021 focuses on improving the employee training system and building a talent pool from subsidiaries to the group level[200] Market Performance and Future Outlook - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2021, representing a year-over-year growth of 15%[169] - User data indicates an increase in active users by 25% compared to the previous year, reaching 500,000 active users[169] - The company has provided a revenue guidance for 2022, projecting a growth rate of 10% to 12%[169] - New product launches are expected to contribute an additional 200 million RMB in revenue in 2022[169] - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million RMB allocated for potential mergers[169]

Financial Performance - The company's revenue for Q3 2021 was ¥1,263,352,058.11, representing a decrease of 54.95% compared to the same period last year[3] - The net profit attributable to shareholders was -¥30,303,655.71, a decline of 175.96% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥44,124,645.48, down 377.56% from the previous year[3] - The basic earnings per share were -¥0.0090, a drop of 177.59% compared to the same period last year[3] - The weighted average return on net assets was -0.67%, down 1.51% year-over-year[3] - The company's operating revenue for the current year is 3,746,085,701.55, a decrease of 3,334,549,454.52 or 47.09% compared to the previous year[9] - Total operating revenue for the current period is $3.75 billion, a decrease of 47.9% from $7.08 billion in the previous period[29] - Net profit for the current period is $7.59 million, a significant decline from $617.58 million in the previous period[32] - The company reported a total profit of $1.40 million, a decrease from $698.35 million in the previous period[29] Cash Flow and Assets - Cash flow from operating activities was -¥266,656,984.96, a decline of 148.58% compared to the same period last year[3] - The company reported a significant decrease in cash and cash equivalents, down 50.69% to ¥660,822,709.41 due to payments for investments and goods[6] - The cash and cash equivalents decreased to CNY 660,822,709.41 from CNY 1,340,182,374.89, a significant drop of approximately 50.7%[20] - The net cash flow from operating activities is -$266.66 million, compared to $548.92 million in the previous period, indicating a negative cash flow[36] - The net cash flow from investing activities was -186,657,087.75, indicating a significant outflow compared to the previous period's inflow of 886,105,460.94[39] - The company reported a net cash flow from financing activities of -251,589,958.00, a decrease from -870,627,330.28 in the previous period[39] Liabilities and Equity - Total liabilities decreased to CNY 5,619,223,314.21 from CNY 6,603,924,735.13, a decline of around 14.9%[24] - The company's equity attributable to shareholders decreased to CNY 4,475,483,691.18 from CNY 4,558,009,790.00, a decline of approximately 1.8%[24] - Total liabilities and equity reached approximately ¥11.19 billion, reflecting the company's financial structure[49] - The company has a total equity of 4,584,421,667.93, with share capital at 3,441,517,719.00[45] Investments and Impairments - The company reported an asset impairment loss of 71,565,008.31, an increase of 82,260,466.50 or 769.12%, primarily due to the write-off of inventory impairment provisions[9] - Investment income dropped significantly by 486,478,674.09 or 99.28%, mainly due to the previous year's income from the sale of subsidiaries[9] - The company recorded an investment income of $3.55 million, a sharp decline from $490.03 million in the previous period[29] Shareholder Information - The company has a total of 103,932 common shareholders at the end of the reporting period[9] - The largest shareholder, Gao Yugen, holds 10.06% of the shares, amounting to 346,055,941 shares, with a significant portion being pledged[9] Joint Ventures and Future Plans - The company plans to establish a joint venture with Yunnan Enjie New Materials Co., Ltd. to acquire 100% equity of Fuqiang Technology and JOT Automation Ltd., with a total transaction value of 771 million RMB[16] - The registered capital of the joint venture is tentatively set at 800 million RMB, with Enjie and its affiliates holding 80.2% and the company holding 19.80%[16] Other Financial Metrics - Research and development expenses increased to $213.21 million, up 7.4% from $198.16 million in the previous period[29] - Other income increased by 11,688,582.57 or 39.37%, primarily from government grants related to assets[9] - Other comprehensive income after tax for the current period is -$10.65 million, compared to $1.52 million in the previous period[32] Audit Status - The third quarter report was not audited, which may impact the reliability of the financial data presented[50]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥2,482,733,643.44, a decrease of 41.94% compared to the same period last year[26]. - The net profit attributable to shareholders of the listed company was ¥34,966,010.32, down 93.84% year-on-year[26]. - The net profit after deducting non-recurring gains and losses was -¥44,271,285.57, a decline of 150.38% compared to the previous year[26]. - The net cash flow from operating activities was -¥96,055,285.73, a decrease of 120.92% compared to the same period last year[26]. - The total assets at the end of the reporting period were ¥10,335,108,461.01, down 7.63% from the end of the previous year[26]. - The net assets attributable to shareholders of the listed company were ¥4,510,880,455.25, a decrease of 1.03% compared to the end of the previous year[26]. - The basic earnings per share were ¥0.0103, down 93.76% year-on-year[26]. - The diluted earnings per share were also ¥0.0103, reflecting the same percentage decrease[26]. - The weighted average return on net assets was 0.77%, down 11.98% from the previous year[26]. - The company reported a revenue of 204,750 million RMB for the first half of 2021, with a net profit of -2,211.29 million RMB, indicating a significant loss compared to previous periods[70]. Revenue Breakdown - Revenue from mobile terminals dropped by 44.37% to ¥2,048,417,071.06, accounting for 82.51% of total revenue[46]. - Domestic revenue fell by 72.60% to ¥726,614,406.91, while international revenue increased by 8.15% to ¥1,756,119,236.53, representing 70.73% of total revenue[46]. - Investment income contributed ¥5,257,127.22, accounting for 16.71% of total profit[50]. Market Trends - The global PC shipment in the first half of 2021 reached 141 million units, a year-on-year increase of 16.5%, indicating a robust recovery in the industry[35]. - The domestic smartphone market saw a shipment of 174 million units, growing by 13.7%, with 5G smartphones reaching 128 million units, a growth of 100.9%[35]. - The automotive market in China is expected to achieve a sales volume of 27 million units in 2021, a year-on-year increase of 6.7%, with new energy vehicle sales projected to reach 2.4 million units, growing by 76%[36]. Strategic Initiatives - The company completed the acquisition of 60% equity in Zhongsheng Precision in March 2021, which is expected to enhance operational development and business expansion[39]. - The company plans to establish a joint venture with Yunnan Enjie to acquire 100% equity of Fuqiang Technology and JOT, focusing on customized intelligent manufacturing solutions[38]. - R&D investment increased by 1.39% to CNY 137.49 million compared to the previous year, reflecting the company's commitment to innovation[44]. Environmental Compliance - Suzhou Victory Precision Manufacturing Technology Co., Ltd. reported total emissions of non-methane total hydrocarbons at 2.3722 tons/year, particulate matter at 0.4416 tons/year, and COD at 7.4446 tons/year[84]. - The company has implemented pollution control facilities, including dynamic centrifuges and electrostatic precipitators, to treat exhaust gases effectively[89]. - The wastewater from production processes is treated and meets the standards before being discharged into municipal sewage systems[89]. - The company is committed to using clean energy sources, such as natural gas for boilers, to minimize environmental impact[89]. Legal and Regulatory Matters - The company is involved in a significant lawsuit regarding equity transfer disputes, with an amount in dispute of 799.808 million yuan[116]. - Another lawsuit involves a claim for performance compensation of 383.507 million yuan, with the court ruling still pending[116]. - The company has been fined 600,000 yuan by the China Securities Regulatory Commission for violations related to information disclosure[121]. - Key individuals, including Wang Hancang and Guo Wenjie, face lifetime bans from the securities market due to severe violations[121]. Shareholder Relations - The company actively protects the rights of shareholders, especially minority shareholders, by improving corporate governance and risk management[94]. - The company has not distributed cash dividends or issued new shares in the first half of 2021, indicating a focus on reinvestment[78]. - The total number of common shareholders at the end of the reporting period was 117,020[183]. Guarantees and Financial Transactions - The total amount of external guarantees approved during the reporting period reached CNY 21,463.93 million[149]. - The total amount of external guarantees at the end of the reporting period was CNY 39,000 million, with a remaining balance of CNY 35,913.93 million[149]. - The company has provided guarantees totaling CNY 1,935 million to Anhui Victory Precision Manufacturing Technology Co., Ltd. as of February 5, 2016, which is set to expire on July 4, 2021[149].

Financial Performance - The company's revenue for Q1 2021 was ¥1,148,051,108.83, representing a decrease of 41.19% compared to ¥1,952,053,258.21 in the same period last year[8] - Net profit attributable to shareholders was ¥72,596,749.11, down 81.59% from ¥394,343,869.21 year-on-year[8] - The net cash flow from operating activities was ¥68,764,588.78, a decline of 72.44% compared to ¥249,470,072.71 in the previous year[8] - Basic earnings per share decreased by 81.24% to ¥0.0215 from ¥0.1146 in the same period last year[8] - Total revenue for the first quarter was approximately $1.15 billion, a decrease of 41.19% compared to $1.95 billion in the same period last year[25] - Operating costs decreased to approximately $934 million, down 43.80% from $1.66 billion year-over-year[25] - Investment income dropped by 99.92% to approximately $371,116, primarily due to last year's gains from the sale of a subsidiary[25] - The company reported a significant reduction in long-term payables, down 100% to $0, as these were reclassified as current liabilities[25] - The company reported a net profit of 40 million yuan for the year 2017, with commitments to maintain profits of no less than 45 million yuan in 2018 and 55 million yuan in 2019[41] - The company reported a total operating profit of ¥288,992,145.09, down from ¥451,882,935.56 in the previous period[85] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,576,712,983.62, down 5.47% from ¥11,188,346,403.06 at the end of the previous year[8] - The total assets decreased to ¥10,576,712,983.62 from ¥11,188,346,403.06, a reduction of 5.48%[62] - The company's total equity decreased to ¥4,543,415,982.97 from ¥4,584,421,667.93, a reduction of 0.89%[64] - The total liabilities decreased to ¥6,033,297,000.65 from ¥6,603,924,735.13, a decline of 8.63%[62] - The company's total liabilities included short-term borrowings of ¥2,532,764,121.30 and accounts payable of ¥2,163,909,923.22[100] - The total current liabilities were CNY 5,867,444,474.68, with no adjustments noted[103] Cash Flow - The cash flow from investment activities showed a dramatic increase of 42,964.80% to approximately $43.06 million, mainly due to equity payments for acquisitions[27] - The cash inflow from operating activities totaled ¥1,600,767,084.68, compared to ¥2,154,205,034.07 in the previous period[88] - The company experienced a net cash outflow from investing activities of ¥96,116,337.52, compared to a net inflow of ¥711,404,301.55 in the previous period[92] - Total cash inflow from financing activities was ¥519,937,322.59, while cash outflow was ¥760,572,752.12, resulting in a net cash flow of -¥240,635,429.53[94] - The company reported cash and cash equivalents at the end of the period amounting to ¥840,375,361.19, down from ¥1,105,386,361.65 at the beginning of the period[94] Shareholder Information - The total number of shareholders at the end of the reporting period was 81,745[12] - The largest shareholder, Gao Yugen, held 15.73% of the shares, with a total of 541,299,465 shares[12] Government Support and Subsidies - The company received government subsidies amounting to ¥35,233,536.14 during the reporting period[8] - Other income increased significantly by 240.28% to approximately $35.23 million, primarily due to government subsidies related to asset sales[25] Legal and Compliance Issues - The company has not completed the performance commitments for the years 2016 and 2017, leading to ongoing legal actions for stock repurchase and compensation[43] - The company is currently in the process of repurchasing shares to compensate for unmet performance commitments[43] - The company is actively pursuing legal recourse to recover outstanding performance compensation amounts[43] - The company has not reported any violations regarding external guarantees during the reporting period[49] - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties[50] Strategic Initiatives - The company announced plans to expand its market presence through acquisitions and new product development[38] - The company approved the acquisition of 60% equity in Suzhou Zhongsheng Precision Manufacturing Co., Ltd. for RMB 124.2 million, resulting in the company holding 100% equity after the transaction[30] - The company authorized the establishment of a bill pool business with a limit of RMB 500 million to improve fund utilization and reduce management costs[29] - The company plans to provide a credit guarantee of up to RMB 34 million for its subsidiary Suzhou Zhongsheng Precision Manufacturing Co., Ltd. to support its daily operations, with the guarantee period extended to April 30, 2022[28] Research and Development - Research and development expenses for the current period are CNY 64,511,263.65, compared to CNY 60,647,823.53 in the previous period, showing an increase of approximately 6.1%[76] - Research and development expenses increased to ¥23,176,202.33, up 35.9% from ¥17,086,659.37 in the previous period[82]

Financial Performance - The company's operating revenue for 2020 was ¥9,595,213,663.82, a decrease of 29.70% compared to ¥13,649,644,463.42 in 2019[17] - The net profit attributable to shareholders in 2020 was ¥387,162,149.35, representing a significant increase of 112.61% from a loss of ¥3,069,709,134.56 in 2019[17] - The net profit after deducting non-recurring gains and losses was ¥72,667,538.87, up 102.27% from a loss of ¥3,201,701,852.83 in the previous year[17] - The basic earnings per share for 2020 was ¥0.1146, compared to a loss of ¥0.8920 in 2019, marking an increase of 112.85%[17] - The total assets at the end of 2020 were ¥11,188,346,403.06, down 18.32% from ¥13,698,285,209.61 at the end of 2019[17] - The net assets attributable to shareholders increased by 9.38% to ¥4,558,009,790.00 at the end of 2020, compared to ¥4,167,181,594.85 at the end of 2019[17] - The net cash flow from operating activities was ¥478,717,458.29, a decrease of 26.48% from ¥651,098,135.49 in 2019[17] - The weighted average return on equity improved to 8.87% in 2020 from -53.67% in 2019, an increase of 62.54 percentage points[17] Revenue Breakdown - Revenue from the mobile terminal segment was CNY 8,311,205,986.21, accounting for 86.62% of total revenue, down 27.92% year-on-year[40] - Domestic revenue fell to CNY 5,389,888,982.63, representing 56.17% of total revenue, a significant decline of 46.97% from the previous year[40] - The gross margin for the main business improved to 14.92%, despite a 30.00% drop in revenue[42] - The smart manufacturing segment saw a gross margin increase to 50.36%, with revenue down 24.30%[42] Research and Development - The company’s R&D efforts resulted in 961 patents, including 824 utility model patents and 109 invention patents, enhancing its competitive edge in technology innovation[31] - Research and development expenses for 2020 were ¥268,796,761.45, a decrease of 45.62% compared to 2019[56] - The number of R&D personnel decreased by 1.52% to 1,817, while their proportion of total employees increased to 31.63%[56] Strategic Focus and Market Position - The company’s strategic focus remains on core businesses, optimizing its business structure, and enhancing resource allocation in intelligent manufacturing solutions[30] - The company plans to maintain a high-value product mix and expand its market share, particularly in automotive components such as in-car central control screens[88] - The company aims to enhance its smart manufacturing capabilities while optimizing resource allocation to support growth in this sector[88] Cash Flow and Financial Management - Operating cash inflow decreased by 35.02% to ¥10,973,734,893.05, while operating cash outflow decreased by 35.36% to ¥10,495,017,434.76[58] - Net cash flow from investment activities increased by 146.64% to ¥1,125,038,257.57, primarily due to cash recovered from the sale of subsidiaries[59] - The company's cash and cash equivalents increased by 379.43% to ¥483,337,318.70[59] Corporate Governance and Compliance - The company is committed to improving its governance structure and management processes to ensure efficient operations and high-quality information disclosure[88] - The company has emphasized its commitment to transparency and timely disclosure regarding the status of performance commitments and related legal actions[106] - The company’s performance compensation agreements are designed to protect minority shareholders' interests by ensuring accountability from major shareholders[106] Environmental Responsibility - The company implements strict environmental protection measures, including the use of natural gas for boilers, which minimizes waste gas emissions[155] - Wastewater from production is treated by a third-party company before being discharged, ensuring compliance with environmental standards[155] - The company has established a comprehensive internal control system based on its articles of association to safeguard stakeholder interests[150] Shareholder Structure and Changes - The total number of ordinary shareholders at the end of the reporting period was 84,980, a decrease from 85,116 at the end of the previous month[184] - The largest shareholder, Gao Yugen, holds 15.73% of the shares, totaling 541,299,400 shares, with a decrease of 80,970,800 shares during the reporting period[185] - The company’s shareholder structure has changed, with a notable decrease in the proportion of limited shares and an increase in the total number of unrestricted shares[182] Legal and Regulatory Matters - There is an ongoing litigation involving a claim of CNY 799,808,000 related to a share transfer dispute, with no significant impact expected at this stage[122] - The company has initiated legal proceedings to recover compensation amounts due from shareholders who failed to meet performance commitments, totaling RMB 17.45 million in unpaid compensation and impairment[106] Future Outlook - Future strategies include optimizing process flows and product structures to improve manufacturing efficiency and market share[87] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2023[99] - The company aims to leverage its R&D capabilities to collaborate with strategic customers for product innovation[87]

Financial Performance - Operating revenue for the reporting period was CNY 2,804,562,145.83, down 12.50% year-on-year, and down 29.72% for the year-to-date[8] - Net profit attributable to shareholders was CNY 39,893,397.19, an increase of 122.02% compared to the same period last year, and up 265.91% year-to-date[8] - Basic earnings per share were CNY 0.0116, reflecting a growth of 122.05% year-on-year, and up 265.98% year-to-date[8] - The total operating revenue for the third quarter was CNY 2,804,562,145.83, a decrease of approximately 12.5% compared to CNY 3,205,145,235.97 in the same period last year[75] - The net loss attributable to the parent company improved from CNY -3,156,452,525.43 to CNY -2,548,787,790.64, showing a reduction in losses of approximately 19.2%[68] - The total profit for the current period is ¥128,301,935.99, a recovery from a total loss of ¥178,333,302.20 in the previous period[81] - Net profit for the current period is ¥310,117,635.04, compared to ¥34,291,787.48 in the previous period, indicating a significant increase[91] Cash Flow - The net cash flow from operating activities was CNY 89,858,037.07, a decrease of 27.19% compared to the same period last year[8] - Cash and cash equivalents increased by CNY 390,468,900, with a growth rate of 41.84% compared to the beginning of the year[20] - Cash received from investment activities increased by ¥492.59 million, a growth rate of 168.70%, mainly due to cash received from the sale of subsidiaries[33] - Cash flow from financing activities shows a net outflow of ¥870,627,330.28, compared to a net outflow of ¥620,622,990.86 in the previous period[111] - The total cash and cash equivalents at the end of the period is ¥1,180,012,868.13, up from ¥895,896,822.63 at the end of the previous period[111] - Net cash flow from operating activities rose significantly to ¥105,455,828.16, compared to ¥22,351,352.05 in the previous period, marking an increase of 371.5%[115] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,090,517,352.05, a decrease of 11.74% compared to the end of the previous year[8] - The total liabilities decreased from CNY 9,505,914,789.54 to CNY 7,312,658,961.04, representing a reduction of about 23.1%[68] - The total assets decreased from CNY 13,698,285,209.61 to CNY 12,090,517,352.05, indicating a decline of approximately 11.8%[68] - The total equity attributable to shareholders increased from CNY 4,167,181,594.85 to CNY 4,776,364,989.36, an increase of about 14.6%[68] - The company's cash and cash equivalents increased from CNY 325,096,749.28 to CNY 638,307,365.61, reflecting a growth of about 96.2%[69] Investments and Expenses - Investment income increased by 493,129,188.92, a growth rate of 15907.26%, primarily from the transfer of Suzhou Jieli equity[28] - Research and development expenses decreased to ¥62,551,317.26 from ¥77,331,104.57, a reduction of about 19.1%[78] - The company's financial expenses increased to ¥102,456,392.31 from ¥44,984,917.24, reflecting a rise of approximately 128%[78] - The company's sales expenses decreased to ¥72,746,420.43 from ¥133,672,579.74, a reduction of about 45.5%[78] - The company's operating revenue for the current period is ¥1,339,867,732.32, a decrease of 1.4% compared to ¥1,356,740,370.61 in the previous period[102] Government and Regulatory Matters - The company received government subsidies totaling CNY 29,689,511.02 during the reporting period[8] - The company received an investigation notice from the China Securities Regulatory Commission due to suspected violations of information disclosure laws[34] Corporate Actions - The company established a wholly-owned subsidiary, Guangdong Shengyuan Intelligent Technology Co., Ltd., with a registered capital of ¥5 million[34] - The company has terminated several fundraising investment projects and will use the remaining funds to permanently supplement working capital[49] - The company is considering legal actions to recover outstanding performance compensation amounts[46]