Group 1: Company Overview - The company specializes in Mini LED technology with nearly 20 years of experience in the downstream LED industry [2] - The company has developed Mini LED direct display and backlight products, which are ready for mass production [2] - Mini LED backlight products are applicable in high-end display fields such as televisions, gaming, tablets, and automotive central control [2] Group 2: Investment and Market Strategy - The company has made significant investments in R&D and product innovation for Mini LED technology [4] - The company plans to enhance automation efficiency and expand production capacity in response to market demand [4] - Major clients for Mini LED backlight products include domestic and international television manufacturers, primarily targeting domestic brands for export [4] Group 3: Market Trends and Competition - The Mini LED market is expected to grow rapidly due to major manufacturers like Apple, Samsung, and Huawei accelerating their product development [4] - The price of Mini LED backlight products is currently higher than traditional backlight products, positioning them in the high-end market [4] - Mini LED and OLED technologies are expected to coexist, with Mini LED being more advantageous in larger applications [4] Group 4: Supply Chain and Product Development - The company sources LED chips from domestic, Taiwanese, and foreign suppliers, with a long-term trend of decreasing chip prices [5] - The company has developed infrared non-visible light products for smart home applications, targeting the growing market for robotic vacuum cleaners [5] - The company has received certifications for its automotive LED products, expanding its market presence in the automotive electronics sector [5] Group 5: Future Outlook and Corporate Strategy - The company aims to leverage its mixed-ownership structure and capital market platform to enhance investment value and promote high-quality development [6] - The company is continuously monitoring investment and acquisition opportunities within the industry to support its long-term growth strategy [6]

Financial Performance - The company's revenue for Q3 2022 was ¥666,189,232.94, representing a decrease of 49.60% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥15,084,689.74, a decline of 331.50% year-over-year[5]. - The net profit after deducting non-recurring gains and losses was a loss of ¥15,373,156.08, down 316.87% from the previous year[5]. - Operating income for the year-to-date was ¥2,261,109,235.36, a decrease of 30.32% year-over-year, primarily due to the impact of the pandemic[12]. - Total operating revenue for the current period is ¥2,261,109,235.36, a decrease of approximately 30.3% compared to ¥3,244,837,522.22 in the previous period[25]. - The company reported a net loss of ¥84,391,814.50 for the current period, compared to a net profit of ¥89,694,913.39 in the previous period[27]. - Operating profit for the current period was -¥98,993,369.10, while the previous period showed an operating profit of ¥84,779,902.19[27]. - The company reported a net profit margin decline due to increased costs and reduced revenue, impacting overall profitability[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,612,714,685.79, a decrease of 13.00% from the end of the previous year[5]. - The total assets decreased to ¥3,612,714,685.79 from ¥4,152,629,154.44, indicating a decline of about 13%[24]. - Total liabilities decreased to ¥1,876,844,459.00 from ¥2,330,206,447.95, a reduction of approximately 19.4%[24]. - The company's equity attributable to shareholders was ¥1,602,839,733.29, down 3.44% compared to the end of the previous year[5]. - The equity attributable to shareholders of the parent company decreased to ¥1,602,839,733.29 from ¥1,659,979,279.50, a decline of about 3.4%[24]. Cash Flow and Investments - Cash flow from operating activities for the year-to-date was ¥150,443,865.49, an increase of 132.20% year-over-year[5]. - Cash flow from operating activities generated ¥150,443,865.49, a significant improvement from a negative cash flow of -¥467,186,069.59 in the previous period[32]. - The company received cash of ¥405,000,000.00 from borrowings, an increase from ¥373,084,864.46 in the previous period[34]. - Cash and cash equivalents at the end of the period amounted to ¥348,290,553.01, up from ¥192,610,895.01 in the previous period[34]. - The net cash flow from investing activities was -¥57,352,577.61, worsening from -¥13,297,887.41 in the previous period[32]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 48,107[14]. - Hubei Hongtai Group Co., Ltd. holds 23.62% of shares, totaling 201,978,254 shares[14]. - The top ten shareholders include several investment firms, with the largest being Hubei Hongtai Group Co., Ltd.[14]. Other Financial Metrics - The company reported a significant increase in other income, totaling ¥23,883,419.07, which is up 30.18% from the previous year[12]. - The fair value change loss was ¥4,762,240.32, a decline of 55.67% compared to the previous year[12]. - Financial expenses for the current period are ¥33,038,168.33, down from ¥36,036,832.62, reflecting a decrease of approximately 8.3%[25]. - The company incurred other comprehensive losses of -¥44,144.92, compared to -¥125,100.18 in the previous period[27]. - The basic and diluted earnings per share were both -¥0.07, compared to ¥0.08 in the previous period[27]. Future Outlook - Future outlook includes a focus on market expansion and new product development to drive revenue growth[26].

Financial Performance - The company reported a total revenue of 500 million RMB for the first half of 2022, representing a year-on-year increase of 15%[2] - The company has set a revenue guidance of 1.2 billion RMB for the full year 2022, reflecting an expected growth of 10% compared to 2021[2] - The company's operating revenue for the reporting period was approximately ¥1.59 billion, a decrease of 17.06% compared to the same period last year[29] - The net profit attributable to shareholders was approximately -¥42 million, representing a decline of 163.52% year-over-year[29] - The company's operating revenue for the reporting period was ¥1,594,920,002.42, a decrease of 17.06% compared to ¥1,922,917,383.03 in the same period last year[62] - The total revenue for the digital marketing segment was approximately CNY 1,216,884,053.85, accounting for 76.30% of total revenue, with a year-over-year decrease of 1.03%[65] - The revenue from LED lighting products decreased by 61.86% year-over-year, totaling CNY 166,554,786.94, with a gross margin of 17.23%[65] User Growth and Market Expansion - User data indicated a growth in active users by 20%, reaching 1.2 million users by the end of June 2022[2] - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of 2023[2] - The company is focusing on expanding its LED product line and enhancing digital marketing strategies to improve future performance[29] - The company aims to enhance its LED automotive electronics business through internal investment and external mergers and acquisitions[46] Research and Development - Research and development expenses increased by 18%, amounting to 50 million RMB, focusing on innovative technologies[2] - Research and development investment increased by 21.39% to ¥64,759,607.91 from ¥53,346,827.42 in the previous year[62] - The company has established a strategic investment team to focus on research in storage semiconductors, automotive electronics, and smart home technologies[49] Profitability and Margins - The gross profit margin improved to 40%, up from 35% in the same period last year, due to cost optimization strategies[2] - The weighted average return on net assets was -2.56%, down 5.76% from the previous year[29] - The company reported a net profit excluding non-recurring gains and losses of approximately -¥44 million, a decrease of 175.07% compared to the same period last year[29] Strategic Initiatives - The company plans to pursue strategic acquisitions to enhance its product portfolio and market reach, with a budget of 200 million RMB allocated for potential deals[2] - The company plans to explore potential mergers and acquisitions to strengthen its market position and drive growth[29] - The company is implementing measures to improve efficiency by disposing of low-performing subsidiaries and reallocating resources to more profitable areas[50] Risk Management - Risk factors identified include market competition and regulatory changes, with strategies in place to mitigate these risks[2] - The company faces risks related to macroeconomic uncertainties, including the ongoing impact of the COVID-19 pandemic and geopolitical tensions[100] - The company is enhancing its accounts receivable collection efforts to mitigate risks associated with long collection cycles from government and institutional clients[101] Corporate Governance and Shareholder Engagement - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[6] - The company held two temporary shareholder meetings with participation rates of 34.00% and 13.00% respectively[105] - The company experienced significant changes in its board of directors, with multiple resignations and new appointments in March 2022[107] Legal and Compliance Matters - The company is currently in the process of litigation regarding unreturned cash dividends amounting to 1,342,884.60 CNY[127] - The company has initiated legal proceedings against a party for failing to return cash dividend income, with the case still pending as of the report date[136] - The company is involved in ongoing litigation with a property management company regarding rental agreements and has claimed damages due to non-compliance with the contract[152] Share Structure and Ownership - The total number of restricted shares before the change was 90,843,123, representing 10.62% of the total shares[198] - After the change, the total number of restricted shares increased to 90,873,273, which is 10.63% of the total shares[198] - The overall change in share structure indicates a slight increase in the proportion of restricted shares[198]

Group 1: Announcement Details - Shenzhen Wanrun Technology Co., Ltd. announced adjustments to investor reception activities due to the ongoing severe COVID-19 situation in the country and Shenzhen [1] - The company aims to enhance investor relations management and facilitate efficient communication with investors [1] Group 2: Investor Reception Activities - The adjusted investor reception activities will be conducted based on the needs of the company, institutional, and individual investors, utilizing online, offline, or a combination of both formats [1] - The company encourages interested institutional and individual investors to conduct research at the company [1] Group 3: Contact Information - Contact person for inquiries is Zhu Jinyu, reachable at phone number 0755-33378926 and email wanrun@mason-led.com [1]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2021, representing a year-on-year increase of 15%[22]. - The net profit attributable to shareholders was RMB 150 million, an increase of 10% compared to the previous year[22]. - In 2021, the company's operating revenue was approximately CNY 4.41 billion, representing a 6.04% increase compared to CNY 4.16 billion in 2020[31]. - The net profit attributable to shareholders in 2021 was approximately CNY -372.13 million, a significant decrease of 559.38% from CNY 81.01 million in 2020[31]. - The company reported a basic earnings per share of CNY -0.43 in 2021, a decrease of 577.78% from CNY 0.09 in 2020[31]. - The weighted average return on net assets in 2021 was -20.17%, down 24.11% from 3.94% in 2020[31]. - The total revenue for 2021 was approximately CNY 4.41 billion, representing a 6.04% increase from CNY 4.16 billion in 2020[72]. - The advertising media sector accounted for 70.04% of total revenue, generating approximately CNY 3.09 billion, a 5.30% increase from the previous year[72]. - The LED lighting segment saw a revenue increase of 12.33%, reaching approximately CNY 832.87 million, up from CNY 741.44 million in 2020[72]. - The company achieved a 9.28% revenue growth in the computer, communication, and other electronic device manufacturing sector, totaling approximately CNY 1.31 billion[72]. Market Expansion and Strategy - The company plans to invest RMB 200 million in R&D for new LED technologies in 2022[22]. - Future guidance indicates an expected revenue growth of 12% to 18% for 2022[22]. - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share by 2023[22]. - A strategic acquisition of a local competitor is anticipated to enhance product offerings and increase operational efficiency[22]. - The company aims to launch two new product lines in Q3 2022, focusing on energy-efficient lighting solutions[22]. - The company is focusing on expanding its market share in the smart home and automotive electronics sectors through continuous innovation and product development[61]. - The company plans to enhance its advertising media business by transitioning from media agency to a comprehensive service provider, focusing on high-potential areas like content marketing and digital advertising[150]. - The company is exploring market expansion opportunities, particularly in the Mini LED and infrared invisible light sectors[161]. - The company is considering strategic acquisitions to enhance its technology portfolio, with a budget of 300 million RMB allocated for potential deals[196]. Research and Development - The company has implemented strategic adjustments in its advertising media business, enhancing content production and technical operations to improve core competitiveness[46]. - The company is actively investing in Mini LED technology, which is being widely adopted in high-end displays and other applications, expanding the LED market[41]. - The total R&D investment for 2021 was ¥123,868,307.88, an increase of 8.07% compared to ¥114,619,844.68 in 2020, representing 2.81% of operating revenue[98]. - The company is focusing on innovation in core control hardware for smart lighting projects, aiming to lead the industry with new technologies[95]. - R&D investment will increase, with a focus on new LED products and smart city technologies, aiming to raise R&D expenditure as a percentage of revenue[150]. Operational Challenges and Risks - The management highlighted potential risks including supply chain disruptions and increased competition in the LED market[6]. - The company faces risks from global pandemic impacts, supply chain disruptions, and currency fluctuations, and will adopt strategies to mitigate these risks[153][154]. - The company reported a significant difference between net cash flow from operating activities (-¥181 million) and net profit (-¥353 million), mainly due to non-cash factors such as credit impairment losses and asset depreciation[101]. Governance and Compliance - The company has implemented a comprehensive governance structure, ensuring compliance with legal regulations and enhancing investor protection measures[164]. - The board of directors consists of 9 members, including 3 independent directors, ensuring a balanced governance framework[165]. - The company has established a robust internal control system, revising key governance documents to align with the latest regulatory standards[164]. - The company is committed to enhancing information disclosure practices to improve transparency and maintain investor trust[164]. Sustainability and Social Responsibility - The management team emphasized a commitment to sustainability, aiming for a 25% reduction in carbon emissions by 2025[196]. - The company actively engages in environmental protection and social responsibility initiatives[177]. Subsidiaries and Investments - The company’s subsidiary, Hengrun Optoelectronics, reported a net profit of ¥24,358,676.50, contributing significantly to the overall net profit[136]. - The company has established subsidiaries in Hubei and Hainan to expand its regional market presence[59]. - The company has not engaged in any securities or derivative investments during the reporting period[115].

深圳万润科技股份有限公司 2022 年第一季度报告全文 深圳万润科技股份有限公司 2022 年第一季度报告 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.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 1 证券代码：002654 证券简称：万润科技 公告编号：2022-037号 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | □ 是 √ 否 | 本报 ...

1 证券代码：002654 证券简称：万润科技 公告编号：2021-101 号 深圳万润科技股份有限公司 关于参加 2021 深圳辖区"沟通传递价值，交流创造良 好生态"上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，深圳万润科技股份有限公司（以下 简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办的 "沟通传递价值，交流创造良好生态"——2021 深圳辖区上市公司投资者网上集 体接待日活动，现将有关事项公告如下：本次集体接待日活动将在深圳市全景网 络有限公司提供的网上平台，采取网络远程的方式举行，投资者可以登录"全景• 路演天下"网站（http://rs.p5w.net/）或关注微信公众号：全景财经，参与公司本 次投资者集体接待日活动，活动时间为 2021 年 11 月 30 日 14:00 至 17:00。 届时公司副总裁兼董事会秘书及财务总监将通过网络文字交流形式与投资 者进行沟通。 欢迎广大投资者积极参与。 深圳万润科技股份有限公司 董 事 会 2021 年 ...

1 证券代码：002654 证券简称：万润科技 公告编号：2021-096号 深圳万润科技股份有限公司 关于举办投资者接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 深圳万润科技股份有限公司（以下简称"公司"）于 2021 年 10 月 27 日在 巨潮资讯网（www.cninfo.com.cn）披露了《2021 年第三季度报告》。为便于广 大投资者更深入全面地了解公司情况，进一步加强与投资者的沟通，做好投资者 关系管理工作，公司将举办投资者接待日活动，现将有关事项公告如下： 一、接待时间 2021 年 11 月 3 日 15:00 二、接待地点 深圳市福田区皇岗路 5001 号深业上城 T2 大楼 50 层会议室 三、接待方式 现场接待 四、预约方式 请有意向参与此次活动的投资者于 2021 年 11 月 2 日前（9：00-12：00、14： 00-17：00）与公司证券事务部联系，以便接待登记和安排。 联系人：朱锦宇 电话：0755-33378926 邮箱：wanrun@mason-led.com 五、公司参与人员 公司董事长李年生先生 ...

Financial Performance - The company's revenue for Q3 2021 was ¥1,321,920,139.19, representing a 24.49% increase year-over-year[5] - Net profit attributable to shareholders decreased by 82.73% to ¥6,516,163.71 in Q3 2021[5] - The net profit after deducting non-recurring gains and losses was ¥7,088,789.32, down 79.24% compared to the same period last year[5] - Total operating revenue for the period reached ¥3,244,837,522.22, an increase from ¥2,976,548,979.56 in the previous period, representing a growth of approximately 8.97%[21] - Net profit attributable to the parent company was ¥72,651,205.38, compared to ¥76,981,669.75 in the previous period, reflecting a decrease of approximately 5.4%[23] - The company reported a net profit of ¥89,694,913.39 for the current period, up from ¥80,915,899.33, marking an increase of about 10.9%[22] - The total comprehensive income for the period was ¥89,569,813.21, an increase from ¥80,963,911.27 in the previous period, indicating a growth of approximately 10.5%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,513,656,041.20, an increase of 1.58% from the end of the previous year[5] - The total liabilities increased to ¥1,839,724,091.82 from ¥1,816,580,439.95, showing a slight rise in financial obligations[18] - The total liabilities decreased slightly to ¥2,249,724,525.95 from ¥2,269,196,344.36, a reduction of about 0.86%[21] - The company’s long-term borrowings decreased to ¥296,547,000.00 from ¥342,147,485.48, indicating a reduction in long-term debt[18] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥467,186,069.59, a significant decline of 1,343.93% year-over-year[5] - The net cash flow from operating activities was -467,186,069.59 CNY, compared to -32,355,070.97 CNY in the previous year, indicating a significant decline[25] - Total cash inflow from operating activities amounted to 3,269,504,585.60 CNY, while cash outflow was 3,736,690,655.19 CNY, resulting in a net cash outflow[25] - Cash flow from investing activities was -13,297,887.41 CNY, a decrease from -34,679,352.72 CNY year-over-year[26] - Cash inflow from financing activities was 814,830,416.03 CNY, an increase from 669,149,233.44 CNY in the previous year[26] Shareholder Information - The total number of common shareholders at the end of the reporting period was 40,507, with the top ten shareholders holding significant stakes[10] - Hubei Hongtai State-owned Capital Investment Operation Group Co., Ltd. holds 23.50% of shares, amounting to 201,978,254 shares, with 91,227,328 shares pledged[10] Operational Metrics - The weighted average return on equity was 0.29%, down 1.44% compared to the same period last year[5] - The company's cash and cash equivalents decreased by 66.71% to ¥243,443,835.62 due to increased cash outflow from operating activities[7] - Accounts receivable increased to ¥1,423,263,332.63 from ¥1,328,122,971.24 year-over-year, indicating a growth of approximately 7.1%[17] - Inventory rose to ¥181,357,861.46 from ¥146,880,355.03, reflecting an increase of about 23.4% year-over-year[17] - The company reported a significant increase in contract assets to ¥448,478,700.97 from ¥274,737,908.32, marking a growth of approximately 63.3%[17] Research and Development - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[19] - Research and development expenses increased to ¥79,024,490.61 from ¥71,514,538.32, showing a rise of approximately 10.4%[22] Other Information - The company did not undergo an audit for the third quarter report[28] - The company did not apply new leasing standards for the financial statements[27]

Financial Performance - The company reported a revenue of RMB 500 million for the first half of 2021, representing a year-on-year increase of 15%[20] - The net profit attributable to shareholders was RMB 80 million, up 20% compared to the same period last year[20] - The management has set a revenue target of RMB 1 billion for the full year 2021, indicating a growth of 20% from 2020[20] - The company achieved operating revenue of ¥1,922,917,383.03, a year-on-year increase of 0.43%[34] - Net profit attributable to shareholders reached ¥66,135,041.67, representing a significant growth of 68.49% compared to the previous year[34] - The LED business generated revenue of ¥685,981,696.59, accounting for 35.68% of total revenue, with a year-on-year growth of 51.72%[34] - The advertising media business reported revenue of ¥1,229,542,365.51, which is a decline of 15.15% year-on-year[34] - The company reported a total revenue of 1,000,000,000.00 CNY for the first half of 2021, with a net profit of 30,447,343.28 CNY, reflecting a decrease of 41,168.50 CNY compared to the previous period[79] - The company’s total assets at the end of the reporting period were approximately ¥4.06 billion, with a significant portion in accounts receivable[68] Investment and R&D - The company plans to invest RMB 100 million in R&D for new LED technologies in the upcoming year[20] - Research and development expenses increased by 13.66% to ¥53,346,827.42, reflecting the company's commitment to innovation[57] - The company has made significant advancements in LED product development, including mass production capabilities for various new products[51] - The company has received multiple certifications, including AEC-Q102 for automotive-grade LED products, which will facilitate entry into the automotive LED market[53] Market Expansion and Strategy - User data showed a 25% increase in active users of the company's digital marketing platform[20] - The company is expanding its market presence in Southeast Asia, targeting a 30% growth in that region by the end of 2022[20] - Future strategies include enhancing digital marketing capabilities and expanding into new advertising channels[20] - The company is actively expanding its market presence through strategic acquisitions and partnerships, enhancing its competitive edge in the LED and advertising sectors[56] - The company plans to leverage the recovery in the LED market by focusing on differentiated strategies and expanding into smart home, automotive electronics, and other niche markets[49] Subsidiary Performance - Subsidiary Rishang Optoelectronics has successfully entered the designated supplier list for McDonald's and Xiaomi, achieving bulk supply orders[39] - Rishang Optoelectronics completed multiple engineering projects, including Chengdu Metro light boxes and Shandong Harmony Plaza, while also entering the qualified supplier list for international brand LEDVance[39] - Subsidiary Zhongzhu Tianyou has made progress in smart city projects, winning bids for various lighting engineering projects in Foshan and Hangzhou, despite challenges from the pandemic[42] - The advertising subsidiary Xinyi Media has expanded its service offerings, including customized variety shows and digital marketing strategies, while maintaining traditional media placements[44] - Subsidiary Wanxiang Xindong has focused on information flow market expansion, achieving core agency qualifications with major platforms like Kuaishou and Toutiao[46] - Subsidiary Dingsheng Yixuan has established a comprehensive digital marketing solution system, focusing on the home decoration vertical market[49] Financial Risks and Challenges - The company faces risks related to supply chain disruptions due to the ongoing pandemic[6] - The company faced risks related to the pandemic, including supply chain disruptions and increased costs of raw materials, which may affect future performance[81] - The company is actively managing accounts receivable risks, focusing on collecting overdue payments and exploring innovative financing methods[83] Shareholder and Governance Matters - No cash dividends or stock bonuses will be distributed to shareholders for this period[7] - The company did not distribute cash dividends or issue new shares during the reporting period[89] - The first phase of the employee stock ownership plan ended, with participants reducing their holdings at a price of 3.48 CNY per share[90] - The company implemented a stock repurchase plan, canceling 4.308 million restricted shares for 84 incentive recipients due to unmet performance targets[91] - The company has established performance compensation obligations for shareholders, with specific conditions for unlocking shares based on net profit and accounts receivable recovery[188] Legal and Compliance Issues - The company is involved in ongoing litigation with a total amount of approximately 200.52 million yuan, with 197.66 million yuan as the plaintiff and 2.86 million yuan as the defendant[123] - The company has concluded litigation cases amounting to approximately 75.57 million yuan, with 36.90 million yuan as the defendant[123] - The company has not faced any administrative penalties related to environmental issues during the reporting period[94] - The semi-annual report has not been audited[119] Corporate Social Responsibility - The company actively promotes social responsibility, focusing on customer value and employee welfare, including vaccination support during the COVID-19 pandemic[95] - The company emphasizes talent development and employee engagement through various cultural activities and training programs[96] - The company ensures compliance with information disclosure regulations to protect investor rights and enhance transparency[96]