证券代码：002429 证券简称：兆驰股份 深圳市兆驰股份有限公司 投资者关系活动记录表 编号：2023-002 投资者关系 活动类别 □ 特定对象调研 □ 分析师会议 □ 媒体采访 ■ 业绩说明会 □ 新闻发布会 □ 路演活动 □ 现场参观 □ 其他 （电话会议） 参与单位名 称及人员 姓名 155 家机构 177 人次（详见附件《与会清单》） 时间 2023 年 4 月 11 日 10:00-11:00 地点 进门财经路演平台 上市公司 接待人员 姓名 副总经理兼董事会秘书：单华锦女士；财务中心总监 吴䶮昊女士。 投资者关系 活动主要内 容介绍 一、公司基本情况介绍 公司现有三大业务板块，分别为智慧显示、智慧家庭组网、LED 全产业链。2022 年，公司实现营业收入约 150.28 亿元 ，实现归属于 上市公司股东的净利润 11.46 亿元，同比上涨 244.13%，净利润率 7.77%，总资产 256.08 亿元，净资产 136.13 亿元。 （一）智慧显示 智慧显示是公司的核心业务板块，产品涵盖各主流尺寸的液晶电 视、电脑显示器、Mini LED 显示屏等，逐步构建智慧显示行业的产业 集群。 2022 ...

Global TV ODM/OEM Shipments and Market Position - Global TV ODM/OEM shipments in 2022 reached 101 million units, with the top 10 professional ODM manufacturers (excluding four brand-owned factories) shipping 76.168 million units, a year-on-year increase of 0.6%, accounting for 75.7% of the global ODM total[22] - The company's ODM business shipped 8.5 million units in the reporting period, maintaining a leading position in the industry[28] Financial Performance and Profitability - The company achieved operating revenue of approximately 15.028 billion yuan and net profit attributable to shareholders of 1.146 billion yuan, a year-on-year increase of 244.13%[27] - The company's asset-liability ratio decreased to 45.75%, and net cash flow from operating activities significantly increased to 4.941 billion yuan[27] Mini LED and LED Industry Development - Mini LED product shipments (including TV, MNT, Tablet, NB, automotive, and VR) in 2022 were 17.25 million units, with an expected shipment of 49.18 million units by 2026E[25] - The company's LED industry achieved a full industrial chain layout from sapphire flat sheets to LED applications, enhancing resilience during low cycles and greater elasticity during recovery[30] - The company's LED industry is focusing on Mini/Micro LED vertical integration, with significant progress in technology breakthroughs and commercial applications[30] - The company's LED industry is transitioning from single product and technology competition to industrial chain competition, with industry consolidation becoming inevitable[24] Smart Home Networking and COB Technology - The company's smart home networking business benefited from the "14th Five-Year Plan" for digital economy development, with strong growth in network communication terminal equipment[29] - The company's COB technology accounts for 10% of the micro/small pitch market, with advantages in high density, high protection, and high adaptability[26] Customer and Supplier Concentration - Top 5 customers accounted for 56.18% of total annual sales, with a combined sales amount of 8,442,687,043.27 yuan[54] - The largest customer contributed 20.95% of total annual sales, amounting to 3,149,063,555.13 yuan[54] - Top 5 suppliers accounted for 27.83% of total annual procurement, with a combined procurement amount of 3,387,507,683.77 yuan[55] R&D and Financial Expenses - R&D expenses increased by 13.41% year-over-year to 629,653,229.29 yuan[56] - Financial expenses decreased by 39.73% year-over-year to 89,944,621.84 yuan, primarily due to exchange rate fluctuations[56] New Product Development and Market Expansion - The company is developing a new 4K TV product with Roku's smart system platform, aiming to enhance product performance and reduce costs[57] - A new 4K multi-zone backlit smart TV project for the European market is underway, targeting high-end demand and improving competitiveness[57] - The company is working on a high-cost-performance gaming monitor project to meet market demand for affordable yet high-performance products[57] - Development of large-size flip-chip products (TV & backlight) is progressing, focusing on ultra-high brightness and performance[57] Technological Breakthroughs and Mass Production - Breakthrough in ultra-high light efficiency epitaxial technology, achieving mass production and international certification, enhancing the company's global influence and economic benefits[58] - Development and mass production of high-voltage integrated chips, improving yield and light efficiency, reducing application costs, and increasing market share[58] - High-reliability technology for small-pitch display chips has been validated by customers, achieving large-scale production and enhancing market reputation[58] - Breakthrough in 940nm near-infrared LED chip technology, optimizing photoelectric performance, and preparing for mass production[59] - Mass production of 660nm wavelength plant lighting red LED chips, with 730nm wavelength under optimization, achieving low-cost, high-performance goals[59] - Mass production of the new CHIP 1010 copper wire packaging project, offering high cost-performance and reliability for indoor 4K displays[59] - Mass production of the TOP1921 co-cathode packaging project, providing high reliability and brightness for outdoor displays[59] - Mass production of the Mini F09X product project, utilizing advanced flip-chip technology for high reliability and low thermal resistance in indoor 4K displays[59] - Mass production of the SMC3030 bracket second-generation upgrade PKG project, improving backlight product visual effects and standardization[59] - Mass production of the wing chip PKG project, increasing brightness by 5% and enhancing competitiveness in the mid-to-high-end product market[59] Financial Assets and Investments - The fair value change of financial assets for the period was RMB 24,868,691.33, with a cumulative fair value change included in equity of RMB -122,772,009.69[70] - The total investment amount for the reporting period was RMB 357,480,558.00, a decrease of 70.50% compared to the same period last year[73] Asset Sales and Risk Management - The company sold assets related to Evergrande Group and its members for RMB 200,000,000, which helped clear the risk of debt default and improved the company's liquidity and risk resistance[77] Subsidiary Performance - The total assets of the company's subsidiary, Shenzhen Zhaochi Digital Technology, amounted to RMB 2,272,622,884.44, with a net profit of RMB 129,289,021.44[79] Restricted Assets and Guarantees - Restricted assets at the end of the reporting period included bank acceptance bill guarantees of RMB 705,128,378.92, letter of credit guarantees of RMB 256,411,388.09, and performance bond guarantees of RMB 3,675,030.50[72] Goodwill Impairment and Talent Risks - The company conducted an impairment test on goodwill for Fengxing Online and its subsidiaries at the end of 2022, resulting in a provision for goodwill impairment[90] - The company faces risks related to talent retention and acquisition, which could impact its innovation and growth[91][92] Employee Development and Retention - The company has implemented measures to optimize employee promotion channels, improve salary management systems, and design comprehensive training programs to enhance employee quality and efficiency[92] Investor Relations and Corporate Governance - The company held multiple investor meetings and on-site research sessions throughout 2022, engaging with various institutional investors and media representatives[93] - The company adheres to strict corporate governance standards, ensuring compliance with relevant laws and regulations, and maintains an independent and effective board structure[95][98][99] - The company has established performance evaluation and incentive mechanisms for directors, supervisors, and senior management, ensuring transparency and compliance with legal requirements[99] - The company emphasizes the importance of maintaining good relationships with stakeholders, balancing the interests of society, shareholders, suppliers, customers, and employees[99] - The company strictly follows information disclosure regulations, ensuring timely, accurate, and fair dissemination of information to all investors[100] Independence and Organizational Structure - The company has an independent and complete business system, with no reliance on the controlling shareholder for revenue or profit[102] - The company has an independent personnel system, with no senior management holding positions or receiving salaries from the controlling shareholder[102] - The company has independent assets, including ownership or usage rights of production-related facilities, land, and equipment[103] - The company has an independent organizational structure, with no interference from the controlling shareholder in its operations[104] - The company has an independent financial system, with its own bank accounts and tax registration, and makes independent financial decisions[105] Shareholder Meetings and Participation - The 2022 first extraordinary general meeting had an investor participation rate of 48.40%[106] - The 2022 second extraordinary general meeting had an investor participation rate of 54.93%[107] - The 2022 third extraordinary general meeting had an investor participation rate of 38.08%[107] Leadership and Shareholding - Chairman Gu Wei holds 3,475,286 shares as of the end of the reporting period[108] - Former Vice Chairman Quan Jinsong holds 18,687,740 shares as of the end of the reporting period[108] - The company's total compensation for directors, supervisors, and senior management in 2022 amounted to RMB 40,852,264.00[111] - Several key personnel changes occurred in 2022, including the election of new directors and supervisors, and the departure of others due to the end of their terms[112] - The company's leadership team includes individuals with diverse professional backgrounds, such as finance, engineering, and business administration, contributing to strategic decision-making[113][114] - Tian Peijie, male, born in 1977, holds a PhD and is a senior economist. Currently serves as Vice President of Oriental Pearl New Media Co., Ltd. Appointed as a director of the company in June 2021[115] - Fan Mingchun, male, born in 1962, holds an EMBA from Peking University and a master's degree in Political Economics from Wuhan University of Technology. Appointed as independent director in November 2022[116] - Fu Guanqiang, male, born in 1966, is a non-practicing member of the Chinese Institute of Certified Public Accountants and holds a master's degree. Appointed as independent director in November 2022[117] - Zhang Zengrong, male, born in 1971, has served as Vice President of Shenzhen Xinyikang Supply Chain Management Co., Ltd. and other companies. Appointed as independent director in July 2019[117] - Chen Gaofei, male, born in 1979, holds a postgraduate degree and currently serves as Deputy Secretary of the Commission for Discipline Inspection and Director of the Supervision and Audit Office at Shenzhen Capital Operation Group Co., Ltd. Appointed as supervisor in November 2022[118] - Ding Shasha, female, born in 1986, holds a master's degree and joined Shenzhen MTC Co., Ltd. in August 2013. Currently serves as Assistant to the President and has been a supervisor since July 2015[118] - Hu Jun, female, born in 1977, holds a college degree and has been working at Shenzhen MTC Co., Ltd. since May 2007. Currently serves as Secretary to the President and was appointed as supervisor in December 2021[118] - Yan Zhirong, male, born in 1971, holds a bachelor's degree and is currently pursuing an EMBA. Joined the company in November 2010 and currently serves as Vice President and CFO[119] - Shan Huajin, female, born in 1986, holds a bachelor's degree and joined the company in August 2011. Currently serves as Vice President and Board Secretary, appointed in December 2021[119] - Tian Peijie serves as Vice President at Oriental Pearl New Media Co., Ltd. since December 2020 and receives remuneration[120] Board Meetings and Committees - The company held a total of 9 board meetings during the reporting period, with detailed resolutions disclosed on the official website[130][131] - All directors attended the required number of board meetings, with no instances of consecutive absences[132] - No directors raised objections or had their suggestions rejected during the reporting period[133][134] - The Compensation Committee held 2 meetings to review executive compensation and director allowances[135] - The Audit Committee conducted 5 meetings, reviewing financial reports, internal controls, and asset impairment provisions[136] Dividend Distribution and Profitability - Cash dividend distribution of RMB 344,047,486, with a dividend of RMB 0.76 per 10 shares, accounting for 100% of the total profit distribution[145] - Total distributable profit of RMB 7,617,711,730.05[145] Internal Controls and Audit - No major defects in financial or non-financial reporting internal controls, with 0 major and important defects reported[151] - Internal control evaluation report disclosed on April 11, 2023, covering 90% of the company's total assets and revenue[150] - Standard unqualified opinion on the internal control audit report, with no major defects in non-financial reporting[152] Environmental Compliance and Protection - Jiangxi Zhaochi Semiconductor Co., Ltd. complies with national environmental protection laws and regulations, including the "Environmental Protection Law of the People's Republic of China" and the "Atmospheric Pollution Prevention and Control Law of the People's Republic of China"[154] - Jiangxi Zhaochi Semiconductor Co., Ltd. obtained the environmental impact assessment approval for its LED epitaxial wafer and chip production project in January 2019[154] - The company's wastewater discharge includes COD (65mg/L), BOD5 (19.8mg/L), ammonia nitrogen (3.9mg/L), total phosphorus (0.77mg/L), and total arsenic (0.277mg/L), all within the permitted limits[156] - Jiangxi Zhaochi Semiconductor Co., Ltd. has 14 exhaust gas emission points, with HCL (31.1mg/m³), H2SO4 (20mg/m³), and fluoride (1.57mg/m³) emissions all meeting standards[156] - The company's noise levels at the factory boundary are within the "Industrial Enterprises Noise Emission Standards" (GB12348-2008) Class 3 limits, with daytime levels ranging from 57.4dB to 63.6dB[157] - Jiangxi Zhaochi Semiconductor Co., Ltd. treats arsenic-containing wastewater to meet the "Integrated Wastewater Discharge Standard" (GB8978-1996) before discharge[158] - The company's total annual COD emission is 71.88 tons, and NH3-N emission is 2.822 tons, both within the approved limits[156] - Jiangxi Zhaochi Semiconductor Co., Ltd. has a valid pollutant discharge permit, with the latest version effective from April 16, 2020, to April 15, 2025[155] - The company's environmental governance and protection investment for Jiangxi Zhaochi Semiconductor Co., Ltd. in the reporting period was 8.1035 million yuan, which did not meet the standard for paying environmental protection tax[163] - The company's noise levels from production and auxiliary equipment range from 75 to 110 dB(A), meeting the standards set by the "Emission Standard for Industrial Enterprises Noise at Boundary" (GB12348-2008)[161] - The company's waste gas treatment facilities operated well during the reporting period, with no instances of excessive emissions[162] - The company has implemented measures to reduce unorganized waste gas emissions, including the use of collection hoods and ventilation systems in workshops[160] - The company's waste gas emissions, including particulate matter, NH3, and VOCs, meet the standards set by various national and local regulations[159] Corporate Social Responsibility and Community Engagement - The company has established a "Zhaochi Love Foundation" to provide financial assistance to employees and their families in cases of major illnesses, accidents, or other special difficulties[165] - The company maintains good communication with investors through hotlines, email, and the Shenzhen Stock Exchange interactive platform[166] - The company focuses on improving its competitiveness and maintaining steady growth, while also fostering win-win relationships with clients and suppliers[167] - The company emphasizes safety production and ensures no pollution or damage to the local community environment[168] - The company has not engaged in any work related to consolidating and expanding poverty alleviation achievements or rural revitalization during the reporting period[169] Accounting and Litigation - The company's subsidiaries EMTC and Fun changed their accounting currency from USD to RMB to provide more reliable and accurate financial information[178] - The company incurred litigation costs totaling RMB 17.33 million, with RMB 4.26 million from lawsuits filed by the company and RMB 13.07 million from lawsuits filed against the company[180] Regulatory Compliance and Corrective Measures - The company received administrative regulatory measures from the China Securities Regulatory Commission for failing to disclose performance forecasts in a timely manner[182] - The company has implemented corrective measures, including training for directors, supervisors, and senior management on information disclosure and internal control[183] - The company's internal audit will enhance scrutiny of financial information, focusing on the basis and rationality of performance forecasts[183]

Group 1: Investor Relations Activity - The investor relations activity was conducted on July 2, 2014, from 15:00 to 16:00 in the company meeting room [1] - Participants included representatives from various investment firms such as Guosen Securities and Dongfang Hongwan [1] Group 2: Product Development and R&D - R&D is crucial for maintaining core competitiveness, with a focus on television development, including LED and curved TVs [2] - The company has expanded its LED packaging production lines by 20 in Shenzhen and is constructing an additional 100 lines in Nanchang, expected to start production by Q3/Q4 [2] Group 3: Market Trends and Sales - The company has seen an increase in orders, attributed to the World Cup and the recovery of the European and American economies [3] - Currently, large-sized TVs (48 inches and above) account for over 25% of total production [3] Group 4: Pricing and Market Strategy - The company anticipates that panel prices will continue to rise in July and August, with a decline expected in September due to increased production of larger sizes and a previous drop in 32-inch prices [3] - The company does not plan to acquire or merge with other enterprises that have significant operational differences [2]

Group 1: Company Overview and Strategy - Shenzhen Zhaochi Co., Ltd. is focusing on the development of the "Super Dimension Ecosystem" and the "Fengxing TV" product line, with plans to release a second version of the UI in April and introduce 65-inch and curved series products [1] - The company aims to achieve a target of 10 million active users for internet TVs within three years, leveraging its strong manufacturing capabilities and partnerships [2] - The sales channels for Fengxing TV include online platforms like Tmall and Taobao, as well as offline partnerships with Gome and Haier [1] Group 2: Financial and Investment Insights - The company's private placement plan is set for three years, with no price adjustment expected, and partners have not raised objections to the current pricing [2] - Zhaochi has a strong patent portfolio in TV manufacturing, having previously worked with major brands like Philips, Toshiba, and Haier [2] - The company is exploring new e-commerce platforms and aims to launch a new online store by early April [4] Group 3: Competitive Landscape and Content Strategy - Zhaochi's partnership with Oriental Pearl provides a competitive edge in content, including exclusive rights to major sports events and a vast library of licensed content [2] - The company emphasizes the importance of legal content distribution, adhering to regulations to avoid risks associated with content rights [3] - Zhaochi's unique selling proposition lies in its ability to integrate hardware manufacturing with content delivery, creating a robust ecosystem [4] Group 4: Market Risks and Future Outlook - The release of regulatory document 181 poses risks to certain competitors' business models, highlighting the importance of compliance in the internet TV sector [2] - The company acknowledges the challenges of transitioning from traditional manufacturing to internet operations, focusing on cost management and sustainable growth [4] - Zhaochi believes that the future of internet TV holds significant profit potential, driven by enhanced user experiences and innovative product offerings [4]