证券代码：002544 证券简称：普天科技 | --- | --- | --- | |---------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------| | | | | | | ■ 特定对象调研 | □ 分析师会议 | | 投资者关系 | □ 媒体采访 | □ 业绩说明会 | | 活动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | | | | 1. 易知（北京）投资有限责 ...

中电科普天科技股份有限公司 2022 年第三季度报告 证券代码：002544 证券简称：普天科技 公告编号：2022-064 中电科普天科技股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度报告是否经过审计 □是 否 1 中电科普天科技股份有限公司 2022 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|-------------------------|------ ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥2,637,360,060.20, representing a 2.66% increase compared to ¥2,568,923,578.21 in the same period last year[28]. - The net profit attributable to shareholders was ¥70,786,200.43, up 5.29% from ¥67,230,353.59 year-on-year[28]. - The net profit after deducting non-recurring gains and losses was ¥63,674,920.20, reflecting an 11.86% increase from ¥56,921,370.61 in the previous year[28]. - The basic earnings per share increased to ¥0.1036, a rise of 5.28% compared to ¥0.0984 in the same period last year[28]. - The total assets at the end of the reporting period were ¥8,869,790,077.15, which is a 1.73% increase from ¥8,718,687,097.04 at the end of the previous year[28]. - The net assets attributable to shareholders were ¥3,620,441,947.59, showing a slight increase of 0.26% from ¥3,611,197,818.22 at the end of the previous year[28]. - The net cash flow from operating activities was -¥565,272,757.79, an improvement of 5.85% compared to -¥600,421,918.93 in the same period last year[28]. - The weighted average return on equity was 1.94%, slightly up from 1.91% in the previous year[28]. - The company's operating costs amounted to ¥2,062,559,998.60, which is an increase of 0.88% from ¥2,044,542,626.78 in the previous year[49]. - The sales expenses for the reporting period were ¥115,485,854.69, reflecting a year-on-year increase of 5.58% from ¥109,379,780.62[49]. Investments and R&D - The company applied for 69 patents in the first half of 2022, including 57 invention patents, demonstrating its commitment to innovation and technology advancement[41]. - The company has committed to investing 38,957 million CNY in the next-generation mobile communication industrialization project, with a cumulative investment of 5,893.81 million CNY, representing 15.13% of the planned investment[71]. - The company has invested 2,679.89 million CNY in the R&D and industrialization of 5G high-end communication oscillators, achieving 50.99% of the planned investment[71]. - The company has invested 684.12 million CNY in information technology services, reaching 16.27% of the planned investment[71]. - Research and development expenses were CNY 155,264,574.46, showing a slight decrease of 0.03% compared to the previous year[51]. Market Position and Achievements - In the public network communication sector, the company maintained its position as the largest independent third-party design institute in the country, serving 33 provincial operator clients and ranking in the top five overall[45]. - The company achieved significant breakthroughs in the digital transformation market, particularly in the transportation sector, by winning a project with the New Xiang City Transportation Bureau[46]. - The PCB business continued to grow despite challenges, with market orders increasing year-on-year, particularly in the aerospace sector[48]. - The company has established a strong market presence in the smart application sector, successfully winning a project with the Guangdong Water Group, which is significant for expanding its influence in the water industry[47]. - The company is actively developing 5G lightweight core network and small base station products to expand its solutions in the 5G+ industry[45]. - The company has maintained a leading position in the frequency crystal industry, benefiting from the opportunities presented by 5G construction and domestic component localization[39]. Shareholder and Equity Information - The company completed the repurchase and cancellation of 373,500 restricted shares, reducing the total share capital from 683,194,825 shares to 682,821,325 shares[96]. - A total of 1,731,840 restricted shares were approved for release from the first lock-up period, representing 0.2536% of the company's total share capital[96]. - The total number of ordinary shareholders at the end of the reporting period was 24,155, with a significant shareholder, China Electronics Network Communication Group, holding 27.41% of shares[174]. - The company has a total of 16,649,603 shares under stock incentive plans, with 5,843,325 shares currently locked[173]. - The company has issued 1,597,035 shares under its first stock incentive plan, which are subject to lock-up conditions[170]. Legal and Compliance Matters - The company has ongoing litigation involving a total amount of 2,485.9 million CNY related to unpaid debts, with a favorable first-instance ruling received on June 24, 2019[118]. - The company has received a total of 216.8 million CNY from enforced collections in various cases, indicating successful recovery efforts[118]. - The company has initiated legal proceedings against multiple parties for unpaid debts, with amounts ranging from 25.12 million CNY to 2,485.9 million CNY[118]. - The company has successfully enforced judgments in several cases, with ongoing enforcement actions for amounts totaling 310 million CNY[118]. - The company has a pending case against a government entity, with a claim amount of 275.15 million CNY, awaiting payment[121]. Corporate Governance and Strategy - The company underwent an organizational restructuring, establishing new functional departments to enhance operational efficiency[152]. - The company changed its name to "CETC POTEVIO SCIENCE & TECHNOLOGY CO., LTD." and the stock abbreviation to "POTEVIO Technology" while retaining the stock code "002544"[153]. - The company plans to continue expanding its market presence and developing new technologies, as indicated by ongoing stock incentive programs for management and technical personnel[176]. - The company has established a strategy for future growth that includes potential mergers and acquisitions to enhance its market position[176]. Environmental and Social Responsibility - The company contributed 170,000 yuan to rural revitalization efforts and raised 9,130 yuan in donations for poverty alleviation activities[108]. - The company has 16 sets of wastewater treatment facilities and 27 sets of exhaust gas treatment facilities, all in good working condition[101]. - The company conducted multiple emergency drills to enhance its emergency response capabilities for environmental incidents[105].

Financial Performance - The company's operating revenue for 2021 was ¥6,552,632,561.15, representing a 4.09% increase from ¥6,295,416,205.51 in 2020[24]. - The net profit attributable to shareholders for 2021 was ¥141,574,557.21, a significant increase of 47.04% compared to ¥96,281,755.19 in 2020[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥119,667,274.21, up 144.47% from ¥48,949,949.58 in 2020[24]. - Operating revenue reached 6.552 billion yuan, reflecting a year-on-year growth of 4.07%[46]. - Net profit was 158 million yuan, representing a significant year-on-year increase of 49.54%[44]. - The total revenue for the company reached 7,008,943 thousand, with a net profit of 153,300 thousand, indicating a strong financial performance[132]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year 2021, representing a year-over-year growth of 20%[137]. - The total revenue for the reporting period was 1,145.4 million CNY, reflecting the company's overall financial performance[150]. Cash Flow and Investments - The company's cash flow from operating activities decreased by 46.31% to ¥195,443,916.19 in 2021 from ¥364,053,772.38 in 2020[24]. - Cash inflow from investment activities increased by 991.42% year-on-year, totaling ¥1,170,329.24, mainly from cash received from the disposal of fixed assets[82]. - Cash outflow from investment activities rose by 291.07% compared to the previous year, reaching ¥233,919,215.11, attributed to increased cash management and construction expenditures at Huadu Industrial Park[82]. - The net increase in cash and cash equivalents dropped by 140.52% year-on-year, amounting to -¥607,778,538.22, primarily due to previous fundraising and active debt reduction efforts[82]. - The total investment amount for the reporting period was ¥527,035,725.59, reflecting a 24.25% increase compared to the previous year[89]. Market Expansion and Strategic Initiatives - The company has expanded its market share in the PCB industry and maintained a leading position in the frequency control device market due to the growth opportunities presented by 5G construction[37]. - The company plans to continue expanding its market presence in emergency management and public security sectors, securing multiple provincial projects[45]. - The company anticipates significant market opportunities in the public network communication industry due to the ongoing 5G network construction, which is expected to drive demand for network engineering services and equipment manufacturing[109]. - The company plans to leverage the trend of smart urban rail transit to seek market breakthroughs in the specialized network communication and smart application industry[109]. - Market expansion plans include entering two new regions in Southeast Asia, aiming for a market share increase of 15% in these areas by the end of 2022[137]. Research and Development - The company applied for 150 patents in 2021, including 117 invention patents, demonstrating its commitment to technological advancement[40]. - Research and development expenses increased by 9.16% year-on-year, totaling 382,504,227.09 yuan[64]. - The company is actively developing 5G vertical industry application solutions, contributing to the digital transformation of the manufacturing industry[68]. - The company is investing in R&D, allocating 10% of its revenue, approximately 150 million RMB, towards developing new technologies and improving existing products[140]. - The company has established a robust R&D budget, allocating a significant portion of revenue to enhance technological capabilities[134]. Shareholder and Governance Matters - The company plans to distribute a cash dividend of 1.04 CNY per 10 shares to all shareholders, based on an estimated total share capital of 682,821,325 shares[5]. - The annual shareholders meeting had a participation rate of 47.67% on May 19, 2021[1]. - The company proposed a profit distribution plan for the 2020 fiscal year during the annual shareholders meeting[1]. - The company has a clear cash dividend policy that complies with relevant regulations and ensures shareholder rights are protected[176]. - The company has established a comprehensive compensation system that aligns employee salaries with performance contributions, promoting high performance and creativity[150]. Operational Efficiency and Cost Management - The company has implemented a budget management system to enhance cost control and maximize the efficiency of fund utilization[189]. - The company has successfully reduced operational costs by 8% through efficiency improvements in the supply chain[145]. - The management team emphasized the importance of sustainability in future strategies, aiming to reduce operational costs by 15% over the next two years[134]. - The company has a structured approach to procurement management, aiming to reduce costs and improve procurement quality[188]. Human Resources and Employee Management - The total number of employees at the end of the reporting period was 4,526, with 1,554 in the parent company and 2,972 in major subsidiaries[167]. - The total employee compensation for 2021 was CNY 816.9971 million, accounting for 13% of the total company costs, with core technical personnel making up 28% of the total workforce[171]. - The company has a clear promotion pathway for employees, ensuring that performance evaluations are conducted regularly[150]. - The company has a training plan that includes various aspects such as new employee onboarding, skill enhancement, and safety management[172]. Risk Management and Compliance - The company has developed a risk management framework and conducts regular risk assessments to identify and mitigate key control risks[186]. - The company emphasizes the importance of compliance and effective decision-making processes to mitigate risks associated with major transactions[197]. - The company has conducted regular internal control self-assessments, with no significant deficiencies found in the current year, although improvements are needed in several areas[194].

Financial Performance - The company's operating revenue for 2021 was ¥6,552,632,561.15, representing a 4.09% increase from ¥6,295,416,205.51 in 2020[24]. - The net profit attributable to shareholders for 2021 was ¥141,574,557.21, a significant increase of 47.04% compared to ¥96,281,755.19 in 2020[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥119,667,274.21, up 144.47% from ¥48,949,949.58 in 2020[24]. - The company's cash flow from operating activities for 2021 was ¥195,443,916.19, a decrease of 46.31% from ¥364,053,772.38 in 2020[24]. - The total assets at the end of 2021 were ¥8,718,687,097.04, down 4.15% from ¥9,096,102,349.00 at the end of 2020[24]. - The net assets attributable to shareholders at the end of 2021 were ¥3,611,197,818.22, an increase of 2.69% from ¥3,516,665,649.09 at the end of 2020[24]. - The company reported a total revenue of 7,008,943 thousand, with a net profit of 6,855,643 thousand[129]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year 2021, representing a year-over-year growth of 20%[137]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2021, representing a year-over-year growth of 15%[142]. Dividend Distribution - The company plans to distribute a cash dividend of 1.04 CNY per 10 shares to all shareholders, based on an estimated total share capital of 682,821,325 shares[5]. - The company plans to distribute a cash dividend of CNY 71,013,417.80, which is 100% of the total profit distribution amount for the reporting period[174]. - The company has a cash dividend of CNY 1.04 per 10 shares, with a total share base of approximately 682,821,325 shares[174]. Business Operations - The company has maintained its main business operations without any changes since its listing[22]. - The actual controller of the company remains China Electronics Corporation, despite changes in the controlling shareholder[22]. - The company has not reported any significant changes in its business model or operations since its last annual report[22]. - The company has engaged DaXin Accounting Firm for auditing services during the reporting period[23]. - The company’s registered address has been updated to No. 95, Yingbin Avenue, Huadu District, Guangzhou[18]. - The company’s stock is listed on the Shenzhen Stock Exchange under the code 002544[18]. - The company has not engaged in any securities or derivative investments during the reporting period[90][91]. Market Performance and Strategy - The company expanded its market share in the PCB industry and maintained a leading position in niche markets during the reporting period[37]. - The company focused on key provinces and industries to enhance its market presence in public network communication and smart applications[37]. - The company achieved a significant increase in demand for high-precision frequency control devices due to the 5G construction and domestic production opportunities[37]. - The company achieved a new contract amount of CNY 7.716 billion, a year-on-year increase of 1.01%[44]. - Operating revenue reached CNY 6.552 billion, reflecting a year-on-year growth of 4.07%[46]. - Net profit was CNY 158 million, marking a significant year-on-year increase of 49.54%[44]. - In the public network communication sector, the company maintained its position as the largest independent third-party design institute in China, with a market share expansion in various provinces[44]. - The smart manufacturing sector saw a revenue increase of 20.39%, contributing CNY 1.261 billion to total revenue[46]. - The company secured strategic agreements in urban rail transit and emergency management sectors, enhancing its market presence[45]. - The company plans to continue expanding its market presence through strategic partnerships and technological advancements in key industries[45]. Research and Development - The company applied for 150 patents in 2021, including 117 invention patents, demonstrating its commitment to innovation[40]. - Research and development expenses increased by 9.16% to ¥382,504,227.09, reflecting ongoing investment in innovation[64]. - The number of R&D personnel decreased by 8.65% from 1,388 in 2020 to 1,268 in 2021, while the proportion of R&D personnel increased from 18.00% to 28.00%[75]. - R&D investment increased by 14.74% from ¥333,373,475.14 in 2020 to ¥382,504,227.09 in 2021, representing 5.84% of operating revenue[75]. - The amount of capitalized R&D investment surged by 463.01% from ¥1,045,852.79 in 2020 to ¥5,888,304.11 in 2021, accounting for 1.54% of total R&D investment[75]. Internal Control and Governance - The company has established a comprehensive performance evaluation system and compensation structure for senior management, ensuring transparency and compliance with legal regulations[180]. - The company has developed a risk management framework and conducts regular risk assessments to identify and mitigate key control risks[185]. - The company has implemented various internal control measures in sales, procurement, and financial management to enhance operational efficiency and reduce risks[185]. - The internal control self-evaluation report indicated that 100% of the total assets and operating income of the evaluated units were included in the company's consolidated financial statements[190]. - No significant internal control deficiencies were identified during the reporting period, although there are areas for further improvement in organizational structure and management processes[189]. - The company has developed a comprehensive internal communication platform to ensure timely and accurate information transmission across all levels[188]. - The company conducts regular internal audits focusing on the authenticity, legality, and effectiveness of financial expenditures and asset management[188]. Human Resources - The total number of employees at the end of the reporting period was 4,526, with 1,554 in the parent company and 2,972 in major subsidiaries[164]. - The total employee compensation for 2021 was CNY 816.9971 million, accounting for 13% of the total company costs[168]. - The number of technical personnel constitutes 51.8% of the total workforce, with 2,343 out of 4,526 employees[164]. - The educational background of employees shows that 2,712 hold a bachelor's degree or above, representing 60% of the total workforce[167]. - The company has a plan to conduct annual training programs to enhance employee skills and efficiency[169]. - The company emphasizes a performance-based compensation system, linking employee salaries to their contributions and performance[147]. - The company aims to enhance human resource management capabilities to attract and retain top talent for strategic development[147]. Leadership and Governance Changes - The company has undergone changes in its board of directors, with several members resigning and new members being elected[125]. - The company reported a total of 2,980,116 shares held by the former vice president, which were fully divested upon resignation[125]. - The company’s financial director resigned, holding 863,460 shares, of which 28,000 shares were sold before leaving[125]. - The company’s independent directors were elected to ensure governance and oversight in the upcoming fiscal year[125]. - The company has appointed new executives, including a new chairman and several board members, effective from October 27, 2021[130]. - The company is actively pursuing mergers and acquisitions to enhance its market position[129]. Future Outlook - The company has set future performance guidance, aiming for a revenue increase of approximately 10% year-over-year[129]. - The company has projected a revenue growth of 10% for the next fiscal year, aiming for a target revenue of 1.65 billion RMB[142]. - The company plans to expand its market presence and is focusing on new product development and technology innovation[129]. - The company is considering strategic acquisitions to enhance its technology portfolio, with a budget of 300 million RMB allocated for potential deals[137]. - The management team emphasized the importance of sustainability initiatives, with plans to invest 50 million RMB in green technology[137].

Financial Performance - The company's revenue for Q1 2022 was ¥1,173,592,869.67, representing a 2.75% increase compared to ¥1,142,189,248.80 in the same period last year[3] - Net profit attributable to shareholders was ¥19,173,401.01, up 3.81% from ¥18,470,530.65 year-on-year[3] - The net profit after deducting non-recurring gains and losses increased by 68.68%, reaching ¥18,046,761.73 compared to ¥10,699,011.26 in the previous year[3] - Total operating revenue for the current period reached ¥1,173,592,869.67, an increase from ¥1,142,189,248.80 in the previous period, reflecting a growth of approximately 2.5%[24] - Net profit for the current period was ¥21,404,127.24, up from ¥20,217,477.40 in the previous period, representing a growth of approximately 5.9%[27] - The total comprehensive income for the current period was ¥20,246,069.13, compared to ¥18,415,354.30 in the previous period, reflecting a growth of approximately 9.9%[30] - The net profit attributable to the parent company's shareholders was ¥19,173,401.01, compared to ¥18,470,530.65 in the prior period, showing an increase of about 3.8%[30] Cash Flow - The net cash flow from operating activities was -¥734,101,783.13, a decrease of 16.07% from -¥632,469,237.02 in the same period last year[3] - Cash inflow from operating activities totaled 962,424,958.87, down from 1,162,614,243.44, reflecting a decrease of approximately 17.2%[34] - Cash outflow from operating activities was 1,696,526,742.00, a reduction from 1,795,083,480.46, showing a decrease of about 5.5%[34] - The net cash flow from investing activities was -32,747,557.03, compared to -13,466,498.92 in the previous period, indicating increased cash outflow for investments[37] - Cash inflow from financing activities was 283,365,602.78, significantly higher than 134,986,261.53 in the previous period, marking an increase of approximately 109.7%[37] - The net cash flow from financing activities improved to 124,090,942.84 from -245,196,735.10, indicating a positive shift in financing operations[37] - The ending cash and cash equivalents balance was 1,509,002,046.11, up from 1,300,573,177.94, reflecting an increase of about 16.0%[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,651,862,000.71, a decrease of 0.77% from ¥8,718,687,097.04 at the end of the previous year[3] - Total current assets at the end of the reporting period amounted to ¥7,591,929,520.87, a slight decrease from ¥7,659,279,163.81 at the beginning of the year[16] - Cash and cash equivalents decreased to ¥1,745,553,130.10 from ¥2,250,624,496.05, reflecting a decline of approximately 22.4%[16] - Accounts receivable increased to ¥3,336,026,036.39 from ¥3,025,201,964.41, representing an increase of about 10.3%[16] - Inventory rose to ¥1,466,015,382.63 from ¥1,341,585,108.68, indicating an increase of approximately 9.3%[16] - Total liabilities amounted to ¥4,901,418,975.54, a decrease from ¥4,990,904,231.38 in the previous period, indicating a reduction of about 1.8%[22] - Total liabilities increased, with accounts payable at ¥2,593,359,157.95, down from ¥2,714,234,448.65, a decrease of about 4.4%[19] Research and Development - Research and development expenses increased by 123.74%, totaling ¥467.62 million, reflecting ongoing investment in R&D[6] - Research and development expenses for the current period were ¥80,189,290.02, slightly up from ¥78,019,805.56 in the previous period, indicating an increase of about 2.8%[27] Organizational Changes - The company has adjusted its organizational structure to enhance operational efficiency, with new departments established[15] - The company is focusing on strategic development and operational management to align with business growth needs[15] Other Financial Metrics - Basic and diluted earnings per share for the current period were both ¥0.0281, compared to ¥0.0270 in the previous period, representing an increase of approximately 4.1%[30] - The company reported a 960.93% increase in non-operating income, amounting to ¥134.92 million, primarily due to penalties received from suppliers[6] - The company experienced a 64.82% increase in taxes and surcharges, amounting to ¥163.07 million, mainly from the high-end manufacturing sector[6] - The company reported a 199.16% increase in other current assets, amounting to ¥756.10 million, primarily due to an increase in VAT credits[6] - The company reported a significant increase in long-term equity investments to ¥928,180.36 from ¥868,731.15, reflecting a growth of approximately 6.9%[19] - Total operating costs amounted to ¥1,149,758,716.90, compared to ¥1,127,383,486.23 in the prior period, indicating an increase of about 2.0%[27] - The total equity attributable to the parent company was ¥3,632,063,377.82, compared to ¥3,611,197,818.22 in the prior period, reflecting a growth of approximately 0.6%[22]

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,568,031,532.27, a decrease of 1.08% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2021 was ¥63,784,780.62, an increase of 61.26% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥64,185,382.66, up 73.56% compared to the previous year[4] - The company's basic earnings per share for Q3 2021 was ¥0.0934, representing a 36.15% increase compared to the same period last year[4] - Net profit attributable to the parent company was ¥131,015,134.21, up 78.5% from ¥73,410,994.49 in the previous year[38] - The net profit margin improved to approximately 3.2% from 2.0% year-on-year, indicating enhanced profitability[38] - Basic and diluted earnings per share increased to CNY 0.1917 from CNY 0.1280, reflecting a growth of about 49.2%[41] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥8,914,532,614.47, a decrease of 2.00% from the end of the previous year[4] - Total liabilities decreased to ¥5,202,660,250.55 from ¥5,469,080,306.83, reflecting a reduction of approximately 4.9%[34] - The company's total equity increased to ¥3,711,872,363.92, compared to ¥3,627,022,042.17, marking a growth of about 2.3%[34] - The total assets of the company are ¥8,914,532,614.47, down from ¥9,096,102,349.00 in the previous year[28] - Total cash outflow from operating activities was CNY 4,826,704,991.47, compared to CNY 4,468,934,734.55 in the previous period, indicating an increase of approximately 8%[45] - Total liabilities were $5,469,080,306.83, compared to $5,500,902,377.39, showing a decrease of $31,822,070.56[54] Cash Flow - Cash flow from operating activities showed a net outflow of ¥462,919,733.25, reflecting a significant decline of 674.58% year-on-year[4] - The net cash flow from operating activities was CNY -462,919,733.25, worsening from CNY -59,763,845.87 in the previous period[45] - Cash received from sales of goods and services was CNY 4,160,664,388.22, slightly down from CNY 4,183,594,328.64[42] - The company reported a net cash flow from financing activities of CNY -363,800,398.86, compared to CNY -44,719,541.53 in the previous period[45] - The company incurred a cash outflow of CNY 1,039,220,550.04 for debt repayment, slightly down from CNY 1,070,736,402.39[45] - Cash and cash equivalents at the end of the period were CNY 1,821,978,664.41, up from CNY 1,110,631,053.92[45] Shareholder Information - The total number of common shareholders at the end of the reporting period is 32,160[16] - The largest shareholder, China Electronics Technology Group Corporation, holds 29.57% of shares, totaling 202,062,449 shares[19] - The total number of shares held by the top 10 unrestricted shareholders is 202,062,449, accounting for a significant portion of the company's equity[20] Inventory and Expenses - Inventory increased by 37.05% compared to the beginning of the period, amounting to an increase of ¥43,956.96 million, due to new orders and project investments[7] - The company reported a 64.17% decrease in financial expenses, amounting to a reduction of ¥36,537.73 million, due to improved capital structure and cash management[11] - The total operating costs were ¥3,948,641,021.47, which is an increase of 6.1% from ¥3,721,693,206.57 in the previous year[35] - The company reported a decrease in accounts payable to ¥2,946,048,128.93 from ¥2,744,554,179.99, a reduction of about 7.3%[34] Investments and Future Plans - The company’s cash paid for fixed assets and other long-term assets increased by 135.64%, amounting to an increase of ¥61,007.6 million, primarily due to investments in the new industrial park[15] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[34] Comprehensive Income - The total comprehensive income attributable to the parent company was impacted by other comprehensive losses of ¥12,808,751.87, compared to losses of ¥5,128,107.09 in the previous year[38] - The total comprehensive income attributable to the parent company was CNY 118,206,382.34, an increase from CNY 68,282,887.40 in the previous period, representing a growth of approximately 73.3%[41] - The company reported a total comprehensive income of CNY 121,984,181.59, an increase from CNY 75,065,259.86 in the previous period, representing a growth of approximately 62.2%[41] Accounting and Reporting - The company implemented a new leasing accounting standard, increasing right-of-use assets and lease liabilities by $31,822,070.56 each[54] - The company’s report for the third quarter was not audited, which may affect the reliability of the financial data presented[55] - The company’s cash and cash equivalents were not detailed in the provided data, indicating a need for further financial analysis[54]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥2,568,923,578.21, representing a 13.88% increase compared to ¥2,255,908,528.94 in the same period last year[24]. - Net profit attributable to shareholders was ¥67,230,353.59, a significant increase of 98.58% from ¥33,855,988.42 in the previous year[24]. - The net profit after deducting non-recurring gains and losses reached ¥56,921,370.61, marking a 161.71% increase compared to ¥21,750,081.83 in the same period last year[24]. - The basic earnings per share increased by 65.94% to ¥0.0984 from ¥0.0593 in the previous year[24]. - The company's total revenue for the reporting period was ¥2,568,923,578.21, representing a year-on-year increase of 13.88% compared to ¥2,255,908,528.94 in the same period last year[38]. - The company's operating costs increased by 10.71% to ¥2,044,542,626.78 from ¥1,846,746,132.75 in the previous year[38]. - The company's total revenue for the communication industry reached ¥2,568,923,578.21, representing a year-on-year increase of 13.88%[45]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,818,267,529.97, a decrease of 3.05% from ¥9,096,102,349.00 at the end of the previous year[24]. - The company's cash and cash equivalents decreased by 11.12% to ¥1,917,572,540.21, compared to ¥2,989,466,392.02 at the end of the previous year[50]. - Accounts receivable increased by 5.66% to ¥3,442,330,240.37, up from ¥3,036,002,238.41 at the end of the previous year[50]. - The company's inventory increased by 5.20% to ¥1,608,082,953.65, compared to ¥1,186,329,747.78 at the end of the previous year[50]. - The company's total liabilities decreased by 3.31% for short-term borrowings, amounting to ¥476,816,628.12, down from ¥792,954,403.16[52]. - The company's total liabilities decreased to CNY 2,848,488,857.41 from CNY 3,292,806,907.13, a reduction of approximately 13.5%[194]. Cash Flow - The net cash flow from operating activities was negative at -¥600,421,918.93, which is a 6.33% decline compared to -¥564,693,964.68 in the same period last year[24]. - The company reported a net cash outflow from operating activities of ¥600,421,918.93, which is a 6.33% increase compared to the previous year's outflow of ¥564,693,964.68[42]. Research and Development - Research and development expenses rose significantly by 50.20% to ¥155,311,446.05, reflecting the company's increased investment in high-end equipment manufacturing and communication network services[42]. - The company plans to continue investing in R&D to drive innovation and market expansion, as indicated by the substantial increase in R&D expenses[199]. Market Position and Strategy - The company maintained a leading position in the PCB and frequency device markets, benefiting from the opportunities presented by 5G construction and domestic component localization[36]. - The company is focusing on expanding its market presence in key provinces and industries, leveraging its advantages in the digital economy[35]. - The company has established a comprehensive service system covering project planning, consulting design, construction operation, and equipment supply, enhancing its competitive edge in the market[36]. - The company plans to enhance its market share and promote related products and services to overseas markets[70]. Environmental and Social Responsibility - The company has 16 sets of wastewater treatment facilities, 27 sets of exhaust gas treatment facilities, and 4 sets of dust treatment facilities, all in good working condition[85]. - The company maintained strict environmental monitoring, with no incidents of exceeding emission standards reported in the first half of 2021[89]. - The company actively participated in COVID-19 prevention efforts and contributed to infrastructure projects in local communities, including a 1,000-meter flood control road[90]. Shareholder and Equity Information - The company held its annual general meeting on May 19, 2021, with a participation rate of 47.67%[75]. - A total of 5,658,500 shares were granted under the A-share restricted stock long-term incentive plan, increasing the total share capital from 571,157,220 shares to 576,815,720 shares[79]. - The largest shareholder, China Electric Network Communication Group Co., Ltd., holds 29.57% of the shares, totaling 202,062,449 shares[150]. - The company has a total of 33,876 shareholders as of the end of the reporting period[150]. Risks and Challenges - The company faces risks related to seasonal revenue fluctuations, particularly concentrated in the fourth quarter, and high accounts receivable[71]. - The company has identified risks associated with new product commercialization and project investment[72]. - The company aims to strengthen its human resources management to mitigate talent loss risks in the competitive high-end manufacturing sector[71]. Legal and Compliance - The company reported no significant asset or equity disposals during the reporting period[65]. - The company has not faced any penalties or rectification issues during the reporting period[106]. - The company has ongoing litigation regarding overdue payments and property transfer disputes, with some cases awaiting execution results[106].

广州杰赛科技股份有限公司 2021 年第一季度报告全文 广州杰赛科技股份有限公司 2021 年第一季度报告 2021 年 04 月 1 广州杰赛科技股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人吉树新、主管会计工作负责人叶桂梁及会计机构负责人(会计主 管人员)刘暾声明：保证季度报告中财务报表的真实、准确、完整。 2 广州杰赛科技股份有限公司 2021 年第一季度报告全文 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 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | □ 是 √ 否 | 本报告期 | ...

Financial Performance - The company's operating revenue for 2020 was ¥6,295,416,205.51, representing a 1.11% increase compared to ¥6,226,206,733.60 in 2019[21] - The net profit attributable to shareholders in 2020 was ¥96,281,755.19, a significant increase of 163.09% from ¥36,596,623.17 in 2019[21] - The net profit after deducting non-recurring gains and losses was ¥48,949,949.58, up 118.24% from ¥22,429,073.53 in the previous year[21] - The net cash flow from operating activities reached ¥364,053,772.38, a remarkable increase of 1,089.82% compared to a negative cash flow of ¥30,718,155.67 in 2019[21] - Basic earnings per share for 2020 were ¥0.17, an increase of 183.33% from ¥0.06 in 2019[21] - The total assets at the end of 2020 were ¥9,096,102,349.00, reflecting an 18.33% increase from ¥7,686,788,285.78 at the end of 2019[21] - The net assets attributable to shareholders increased by 69.26% to ¥3,516,665,649.09 from ¥2,077,679,686.39 in 2019[21] - The weighted average return on equity for 2020 was 4.53%, up from 1.77% in 2019[21] Revenue Breakdown - The company reported a total operating revenue of approximately ¥6.79 million in Q1, ¥1.58 billion in Q2, ¥1.58 billion in Q3, and ¥2.45 billion in Q4 for the fiscal year[26] - The communication network system segment generated ¥2,430,391,635.58, accounting for 38.61% of total revenue, with a year-on-year growth of 3.95%[60] - The high-end equipment manufacturing segment saw revenue of ¥1,047,292,514.25, representing a 9.61% increase from the previous year[60] - Revenue from the Northeast region increased by 14.09% to ¥196,748,627.64, while revenue from the South China region decreased by 27.55% to ¥963,956,658.21[60] - The overseas revenue segment grew by 26.80% to ¥279,985,048.28, indicating successful market expansion efforts[60] Cash Flow and Investments - The company's operating cash inflow for 2020 was ¥6,957,726,408.49, representing a year-on-year increase of 4.97%[86] - The net cash flow from financing activities rose by 634.30%, amounting to ¥1,197,742,891.85, primarily due to increased funds from a private placement of shares[89] - The total investment amount for the reporting period was ¥424,164,300, a significant increase of 168.80% compared to ¥157,796,659 in the previous year[95] - The company reported a significant increase in cash flow from investment activities, with a net cash flow of -¥59,708,631.87, an improvement of 59.30% from the previous year[86] Research and Development - The company applied for 81 patents and received 122 patents in 2020, with a total of over 1,500 domestic patent applications and over 1,000 authorized patents[46] - Research and development expenses amounted to CNY 350,409,648.21, reflecting a year-on-year increase of 0.78%[81] - The number of R&D personnel increased to 1,388, a growth of 0.58% from the previous year[83] - The R&D investment capitalized amount was CNY 1,045,852.79, a decrease of 90.23% compared to the previous year[85] Market Expansion and Strategy - The company focused on expanding its market share in the PCB industry, which saw rapid growth due to the demand for high-reliability and special requirement products[36] - The company is leveraging its advantages in the urban rail transit sector, focusing on the transition from construction to operation, and expanding into automated and digitalized water and gas sectors[36] - The company aims to strengthen its position in the 5G core product market and expand its 5G supporting products, leveraging its sales network and customized R&D capabilities[116] - The company plans to enhance its market share in the water and gas sectors by integrating new generation information technology into operations[117] Dividend and Shareholder Information - The company plans to distribute a cash dividend of ¥0.71 per 10 shares to all shareholders, based on an estimated total share capital of 683,194,825 shares[4] - The net profit attributable to ordinary shareholders for 2020 was CNY 48,506,832.58, representing a 50.38% increase compared to CNY 19,037,673.17 in 2019[133] - The total cash dividend distributed was CNY 48,506,832.58, which accounted for 100% of the distributable profit of CNY 351,940,090.55[134] - The company has committed to a minimum cash dividend ratio of 20% for profit distribution during its growth phase[134] Compliance and Legal Matters - The company has not experienced any major changes in the feasibility of its projects during the reporting period[108] - The company confirmed that there are no existing competitive business operations with its subsidiaries, ensuring compliance with legal obligations and minimizing related party transactions[142] - The company has committed to handling any unresolved matters during the transaction process in accordance with Chinese laws and relevant policies[144] - The company has no major litigation or arbitration matters during the reporting period[165] Audit and Accounting - The company has engaged Da Xin Accounting Firm for audit services, with a fee of RMB 500,000, and the firm has been providing services for three consecutive years[161] - The company has made no changes to accounting policies, estimates, or methods that would affect net profit or shareholders' equity[156] - There were no major accounting errors requiring retrospective restatement during the reporting period[157] Subsidiaries and New Establishments - The company established a wholly-owned subsidiary with a registered capital of ¥2.1 billion and completed a capital increase of ¥352.54 million for another subsidiary[37] - The company established a new wholly-owned subsidiary, Guangzhou Jiesai Electronics Technology Co., Ltd., in September 2020[76] - The company reported a significant change in the consolidation scope, merging its wholly-owned subsidiary, ASEAN Navigation, into another subsidiary, effective December 2020[160]