茂硕电源科技股份有限公司 证券代码：002660 证券简称：茂硕电源 公告编号：2023-025 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 茂硕电源科技股份有限公司（以下简称"公司"）已于2023年4月12日在巨潮资讯网 （http://www.cninfo.com.cn/）上披露了《2022年年度报告》。 为便于广大投资者进一步了解公司2022年年度经营情况，公司定于2023年4月20日（星 期四）下午15:00至17:00在"茂硕电源投资者关系"小程序举行2022年度网上业绩说明会。本次 网上业绩说明会将采用网络远程的方式举行，投资者可登陆"茂硕电源投资者关系"小程序参与 互动交流。为广泛听取投资者的意见和建议，提前向投资者征集问题，提问通道自发出公告之 日起开放。 参与方式一：在微信小程序中搜索"茂硕电源投资者关系"； 参与方式二：微信扫一扫以下二维码： 投资者依据提示，授权登入"茂硕电源投资者关系"小程序，即可参与交流。 出席本次网上说明会的人员有：董事、总经理顾永德先生，董事、副总经理、财务总监楚 长征先生，独立董事施伟力先生，董事会秘书宋成展 ...

Financial Performance - The company's operating revenue for 2022 was ¥1,543,210,975.43, a decrease of 5.08% compared to ¥1,625,883,691.81 in 2021[21]. - Net profit attributable to shareholders for 2022 was ¥84,955,469.62, representing a 27.70% increase from ¥66,527,720.90 in 2021[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥82,929,469.76, up 63.64% from ¥50,676,837.36 in 2021[21]. - The net cash flow from operating activities surged to ¥173,556,924.61, a significant increase of 1,561.89% compared to ¥10,443,343.53 in 2021[21]. - Basic and diluted earnings per share for 2022 were both ¥0.27, reflecting a 12.50% increase from ¥0.24 in 2021[21]. - Total assets at the end of 2022 reached ¥1,902,373,112.87, a 9.30% increase from ¥1,740,496,629.64 at the end of 2021[21]. - Net assets attributable to shareholders increased by 72.09% to ¥1,234,936,704.87 from ¥717,604,166.24 in 2021[21]. - The company reported a significant increase in quarterly net profits, with the fourth quarter showing a net profit of ¥18,295,139.74[25]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2022, representing a year-over-year growth of 15%[154]. - The company reported a total revenue of 22.99 million in 2022, with a year-on-year increase of 0.358%[142]. Dividend Policy - The company reported a total share capital of 356,626,019 shares as of December 31, 2022, with a cash dividend distribution plan of 1 RMB per 10 shares to all shareholders[4]. - The cash dividend distribution plan proposes a payout of CNY 1.00 per 10 shares, based on a total share capital of 356,626,019 shares[186]. - The company's profit distribution policy includes at least one dividend per year if conditions are met, with a preference for cash dividends[181]. - The total distributable profit for the year was CNY 640.09 million, with the cash dividend amounting to 100% of the total profit distribution[183][186]. - The company has committed to maintaining transparency and protecting the rights of minority shareholders in its dividend policy[183]. Research and Development - The company maintains a strong focus on research and development, aiming to innovate in power supply technology[15]. - Research and development expenses rose by 24.33% to 79.42 million CNY, reflecting an increase in salaries for R&D personnel[71]. - The company is investing 100 million RMB in R&D for new technologies aimed at enhancing energy efficiency[161]. - The company is focusing on R&D in LED driver power supplies and consumer switch power supplies, aiming for low consumption, high efficiency, and long lifespan products[46]. - The company has developed multiple core technologies in LED driver power supplies, ensuring high performance and reliability in its products[57]. Market Outlook - The global power supply market is projected to grow from $22.5 billion in 2018 to $34.92 billion in 2023, with a compound annual growth rate (CAGR) of 6.7%[33]. - The Chinese lighting industry size was approximately 643.5 billion in 2022, reflecting a year-on-year decline of 5.4%[33]. - The demand for mid-to-high power LED drivers is expected to grow rapidly due to the rise of smart lighting and new application fields[35]. - The company anticipates that the smart lighting market will become a significant growth area, driven by the acceleration of smart city projects and 5G network construction[35]. - The company is focusing on outdoor and high-power LED driver power supplies, which have high reliability and safety requirements[120]. Governance and Compliance - The company emphasizes the importance of accurate and complete financial reporting, with all board members present for the approval of the annual report[4]. - The company's governance structure includes a board of directors and supervisory board to oversee its operations and compliance[15]. - The company has established a risk management system for foreign exchange derivatives, including internal operation processes and risk reporting procedures[101]. - The board of directors ensured that all significant governance and operational decisions were made with thorough discussion and consensus[170]. - The company has established a comprehensive and independent asset system, legally owning all production-related assets, including land, buildings, and equipment[138]. Strategic Initiatives - The company aims to enhance its international market presence and brand influence in 2023, focusing on establishing overseas subsidiaries and production bases[122]. - The company plans to increase investment in core technology and product R&D, particularly in high-power and intelligent power supply products[123]. - The company is exploring potential mergers and acquisitions to enhance its product portfolio and market reach[154]. - The company is committed to reducing costs and improving efficiency through product design optimization and supply chain management[123]. - The company is implementing a Six Sigma quality management project to enhance its quality management and continuous improvement efforts[123]. Employee Management - The total number of employees at the end of the reporting period was 1,893, with 292 in the parent company and 1,601 in major subsidiaries[177]. - The company has a training plan focusing on talent development, including new employee training and management succession[179]. - The company aims to enhance employee engagement through a points-based management system and diversified welfare projects[178]. - The company has implemented a salary system combining position-level wages and performance-based pay, ensuring competitiveness in the labor market[178]. - The company emphasizes employee rights protection, adhering to labor laws and creating a safe and healthy work environment[200].

Group 1: Company Overview and Investor Relations - The company involved is Maoshuo Power Technology Co., Ltd., with stock code 002660 [1] - The investor relations activity included a site visit with participation from various funds and securities firms [2][3] Group 2: Financial Performance and Production Capacity - The company has seen an increase in output volume, leading to economies of scale and reduced production costs due to self-manufactured raw materials [3] - The expected recovery of approximately 200 tons of copper through recycling is projected to generate direct economic benefits of around 6 million yuan [3] - The company anticipates overall sales revenue to exceed 300 million yuan next year, with a sales target of 40 million flexible printed circuits (FPC) at an average price of 2.5-3 yuan per piece [5] Group 3: Market Strategy and Future Plans - The company aims to strengthen its market position in the LED lighting sector while expanding into mobile smart terminals and wearable devices [5] - Future sales from sectors outside LED lighting are expected to account for about 30% of total revenue, with slightly higher profit margins [6] - The company plans to invest over 100 megawatts in photovoltaic power station projects next year, enhancing the sales of its photovoltaic inverters [9][10] Group 4: Strategic Partnerships and Collaborations - The collaboration with Maoshuo Power is based on mutual interests in the LED lighting sector, with significant potential for supply chain synergies [6][7] - The company is actively engaging in the electric vehicle charging station market, with ongoing customer negotiations and product development [8][9] Group 5: Investment and Financial Adjustments - The company is adjusting its investment strategy, including the transfer of shares in Lianshuo Automation to mitigate investment risks and recover capital [10][11] - The involvement of experienced investors in the capital market is expected to enhance the company's financial operations and acquisition capabilities [10]

证券代码：002660 证券简称：茂硕电源 茂硕电源科技股份有限公司投资者关系活动记录表 编号：2014-006 | --- | --- | --- | |----------------|-------------------------|-------------------------------------------| | | | | | 投资者关系活动 | ■ | 特定对象调研 □分析师会议 | | 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 | 创海富信 | 张轶乾；兴业证券 代云龙 | | 人员姓名 | 安信证券 | 周海波；华夏基金 朱晋 | | 时间 | 2014 年 7 月 21 | 日上午 10：00――11：30 | | 地点 | 公司科技园 10 楼 | 8 号会议室 | | 上市公司接待人 | | 董事、副总经理、董事会秘书：方吉槟 | | 员姓名 | 证券事务助理：洪叶 | | | 投资者关系活动 | 1、2014 | 年上半年度 ...

证券代码：002660 证券简称：茂硕电源 茂硕电源科技股份有限公司投资者关系活动记录表 编号：2015-001 | --- | --- | --- | |----------------|--------------------------|-------------------------------------------------------------| | | | | | 投资者关系活动 | ■ | 特定对象调研 □分析师会议 | | 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 | 清水源投资：周强、程宇楠 | | | 人员姓名 | 华泰证券：张騄 | | | 时间 | 2015 年 11 月 18 | 日下午 15：30――16：30 | | 地点 | 茂硕科技园会议室 | | | 上市公司接待人 | | 董事、副总经理、董事会秘书：方吉槟 | | 员姓名 | 证券事务代表：洪叶 | | | 投资者关系活动 | 1 | 、公司近期是否有考虑进行产 ...

证券代码：002660 证券简称：茂硕电源 编号：2021-002 茂硕电源科技股份有限公司 2021 深圳辖区上市公司投资者网上集体接待日活动记录表 | --- | --- | --- | |-----------------------|------------------------------------------|---------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | 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 ： 2021 | 深圳辖区上市公司投资者网上集体接待日 | | 参与单位名称及 | | 通过"全景网"投资者关系互动平台参与" 2021 深圳辖区上市公 | | 人员姓名 时间 | 活动时间为 2021 年 | 司投资者网上集体接待日"活动的广大投资者 11 月 3 ...

Financial Performance - Revenue for Q3 2022 was CNY 401,874,930.28, a decrease of 11.62% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 30,624,899.26, an increase of 47.98% year-on-year[5] - Net profit excluding non-recurring gains and losses reached CNY 31,609,791.64, up 93.49% from the previous year[5] - Basic earnings per share for Q3 2022 were CNY 0.0859, up 13.77% year-on-year[5] - Total operating revenue for the current period is ¥1,141,491,168.66, a decrease of 4.45% from ¥1,194,615,806.17 in the previous period[24] - Operating profit increased to ¥67,035,382.51, up 44.25% from ¥46,489,840.66 in the previous period[25] - Net profit for the current period is ¥67,600,020.81, representing a 71.43% increase from ¥39,490,582.19 in the previous period[25] - Basic earnings per share rose to ¥0.1869, compared to ¥0.1408 in the previous period, reflecting a growth of 32.57%[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,996,550,959.21, reflecting a growth of 14.71% compared to the end of the previous year[5] - Total current liabilities decreased to RMB 721,636,470.93 from RMB 979,112,598.83, a reduction of about 26.23%[22] - The total liabilities decreased from RMB 1,021,718,132.72 to RMB 757,998,772.35, a decrease of approximately 25.8%[22] - The company's equity attributable to shareholders rose to RMB 1,236,438,165.24, up from RMB 717,604,166.24, indicating an increase of approximately 72.38%[22] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 30,985,646.07, a significant increase of 133.48%[5] - The company reported a significant increase in cash flow from financing activities, amounting to 311,339,760.90, a rise of 11,762.69%[10] - The net cash flow from operating activities for Q3 2022 was ¥30,985,646.07, a significant improvement from the negative ¥92,540,928.74 in Q3 2021[28] - Total cash inflow from investment activities was ¥187,957,566.27, compared to ¥32,022,449.44 in the previous year, indicating a substantial increase[28] - The total cash and cash equivalents at the end of Q3 2022 amounted to ¥563,197,981.06, up from ¥139,123,316.78 in the same period last year[28] Expenses - Management expenses rose by 36.89% to CNY 70,798,735.74, primarily due to increased employee compensation[9] - Research and development expenses increased to ¥57,928,771.88, up 18.73% from ¥48,776,656.07 in the previous period[24] - Sales expenses rose to ¥54,375,065.80, an increase of 18.00% from ¥45,765,341.19 in the previous period[24] - The company reported a significant decrease in tax expenses, which fell to ¥3,520,999.78 from ¥6,224,233.65, a reduction of 43.43%[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,624[11] - The largest shareholder, Jinan Chanfang Rongsheng Equity Investment Co., Ltd., holds 35.77% of shares, totaling 127,562,383 shares[12] Strategic Developments - The company appointed a new general manager during the board meeting held on August 15, 2022, indicating a strategic shift in management[18] - The company plans to expand its fundraising project to include its wholly-owned subsidiaries, enhancing operational capacity[17] - The company has completed its non-public stock issuance, which is expected to support future growth initiatives and market expansion[17] Investment and Losses - Investment losses amounted to -7,657,235.00, reflecting a 232.73% decline due to forward foreign exchange losses[10] - The company experienced a 4850.26% increase in asset impairment losses, totaling -4,804,453.30, primarily due to increased inventory impairment[10] Other Income - Other income increased by 60.27% to 7,396,469.44, primarily due to increased government subsidies[10] - The company received tax refunds of 44,760,661.71, a decrease of 32.50% compared to the previous year[10] Audit and Reporting - The company did not undergo an audit for the Q3 report[29] - The report was released by the board of directors on October 26, 2022[30]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥739,616,238.38, a slight decrease of 0.04% compared to the same period last year[24]. - Net profit attributable to shareholders increased by 101.03% to ¥36,035,430.62, while the net profit excluding non-recurring gains and losses rose by 151.64% to ¥35,267,568.06[24]. - The net cash flow from operating activities improved significantly to ¥26,995,487.21, compared to a negative cash flow of ¥43,406,284.94 in the previous year, marking a 162.19% increase[24]. - Total assets at the end of the reporting period reached ¥2,117,588,819.28, reflecting a growth of 21.67% from the end of the previous year[24]. - The company's weighted average return on equity increased to 4.90%, up from 2.55% in the previous year[24]. - The company's revenue for the first half of 2022 was approximately ¥739.62 million, a slight decrease of 0.04% compared to ¥739.93 million in the same period last year[55]. - The operating costs decreased by 1.93% to ¥606.10 million from ¥618.04 million year-on-year[55]. - Research and development expenses increased by 16.72% to ¥35.89 million, primarily due to higher employee compensation[55]. - The company's revenue from the computer, communication, and other electronic equipment manufacturing sector was approximately ¥717.52 million, with a year-on-year decrease of 0.26%[58]. - The gross profit margin for the photovoltaic power station operation segment was 63.15%, reflecting a year-on-year decrease of 0.82%[58]. - Revenue from LED driver power products increased by 9.23% year-on-year, reaching approximately ¥329.57 million, with a gross profit margin of 24.36%[58]. - The company's cash and cash equivalents increased to approximately ¥678.22 million, representing 32.03% of total assets, up from 14.38% the previous year[63]. - The company's short-term borrowings decreased to approximately ¥189.16 million, down 5.71% from the previous year[63]. - The company reported a total revenue of 5,946 million RMB for the first half of 2022, with a year-on-year growth rate of 6.98%[74]. - The company reported a total of 33,810,160.40 in accounts receivable financing, secured by promissory notes[70]. - The company reported a total of CNY 373,087,664.71 in accounts payable, down from CNY 459,939,557.55, indicating a decrease of about 19.0%[166]. Risk Management - The company faced various risk factors, which are detailed in the report under "Risks and Responses"[4]. - The company emphasizes the importance of investor awareness regarding potential investment risks[4]. - The company is actively managing foreign exchange risks through hedging strategies to mitigate the impact of currency fluctuations on its operations[90]. - The company is addressing the risk of bad debts by enhancing its accounts receivable management and customer risk assessment processes[91]. - The company emphasizes risk management by strictly adhering to internal control measures and monitoring foreign exchange derivative market prices[75]. - The company has implemented safety management measures to avoid overdue accounts receivable, which could lead to delayed settlements[75]. Corporate Governance - The financial report was confirmed to be true, accurate, and complete by the board of directors and management[4]. - The company maintains an independent financial accounting department with a standardized financial management system[103]. - The company guarantees the independence of its financial personnel, ensuring they do not hold dual positions in other companies[103]. - The company has committed to independent tax payments and the independent exercise of shareholder rights and obligations[103]. - The company has established a robust legal governance structure to ensure independent decision-making processes[106]. - The company emphasizes its commitment to transparency and compliance with information disclosure obligations[106]. - The company has pledged to bear responsibility for any losses incurred by the listed company due to non-compliance with its commitments[106]. Product Development and Innovation - The report includes a section on the company's core competitiveness analysis[18]. - The company has completed the standardization upgrade of its 12W to 210W series consumer electronic power supplies, enhancing automation and reducing delivery times[33]. - The company has launched the G6C series (96-240W) and N1 series (100-240W) power supply products, meeting North American market standards, with the next-generation G7 series currently in development[37]. - The company has developed new products that comply with EU ErP standards, including the X6S series (12W-54W) and X6E D series (75W-240W), enhancing market applications[38]. - The company emphasizes R&D with a focus on low consumption, high efficiency, and reliability, supported by a national-level high-tech enterprise status and various research centers[39]. - The company has initiated research and development for new technologies aimed at enhancing product efficiency and sustainability[184]. Market Expansion - The company is focusing on expanding its market share in industrial control power supplies, targeting specific customers in 3D printing and shared charging sectors[34]. - The company is actively expanding its product lines and optimizing its brand image to enhance market competitiveness[51]. - The company is expanding its market presence, targeting an increase in market share by 10% in the Asia-Pacific region by the end of 2022[108]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[112]. - The company has established partnerships with three new distributors, aiming to enhance distribution efficiency and reach[109]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 36,940[150]. - The largest shareholder, Jinan Chanfang Rongsheng Equity Investment Co., Ltd., holds 26.50% of shares, totaling 72,696,842 shares[150]. - Shareholder Gu Yongde, a domestic individual, holds 8.38% of shares, totaling 22,990,350 shares, with 9,574,037 shares pledged[150]. - The total number of unlimited sale condition shares is 274,327,707, representing 100% of the total shares[149]. - The company has not implemented any share buyback or reduction through centralized bidding during the reporting period[149]. - The controlling shareholder and actual controller of the company remained unchanged throughout the reporting period[154]. Legal Matters - The company has ongoing litigation involving a total amount of 2,575.99 million CNY, with no significant impact on the company[122]. - The company won a lawsuit against Haining, with a claim amount of 6,144.38 million CNY, currently in the execution phase[121]. - The company successfully sued Feixiang Supply Chain Management (Shanghai) Co., Ltd. for 1,232.22 million CNY, with the judgment already effective[121]. - The company has a pending lawsuit with a claim amount of 117.15 million CNY, awaiting judgment[122]. - The company has no significant related party transactions during the reporting period[123]. Environmental Responsibility - The company and its subsidiaries are not classified as key pollutant discharge units and have not faced administrative penalties for environmental issues during the reporting period[99]. - The company adheres to various environmental laws and has not been penalized for violations, demonstrating a commitment to environmental responsibility[99]. - The company employs 8 disabled individuals, providing a safe and comfortable working environment while actively fulfilling social responsibilities[100]. Future Outlook - The company has outlined a positive outlook for the second half of 2022, projecting a revenue growth of 25% year-on-year, aiming for 1.8 billion CNY[109]. - The company plans to invest 200 million CNY in R&D for new technologies over the next two years, focusing on sustainable energy solutions[107]. - The company has set a performance guidance for the next quarter, aiming for a revenue growth of 10%[184]. - The management emphasized a commitment to sustainability, aiming for a 50% reduction in carbon emissions by 2025[111].

Financial Performance - The company's revenue for Q1 2022 was CNY 337,870,455.77, representing a 1.76% increase compared to CNY 332,011,961.57 in the same period last year[3] - Net profit attributable to shareholders was CNY 9,637,917.46, up 6.80% from CNY 9,024,317.04 year-on-year[3] - The net profit after deducting non-recurring gains and losses decreased by 22.87% to CNY 5,811,687.23 from CNY 7,534,890.24 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 337.87 million, a slight increase of 1.3% compared to CNY 332.01 million in Q1 2021[18] - Net profit for Q1 2022 reached CNY 9.78 million, representing an increase of 5.9% from CNY 9.24 million in Q1 2021[19] - Earnings per share for Q1 2022 were CNY 0.0351, compared to CNY 0.0329 in Q1 2021, reflecting a growth of 6.7%[20] Cash Flow and Operating Activities - The net cash flow from operating activities was CNY -26,497,986.11, a significant decline of 900.96% compared to CNY -2,647,269.88 in the same period last year[3] - The cash inflow from operating activities totaled $299,309,250.13, a decrease of 2.1% compared to the previous period's $306,958,807.22[22] - The net cash outflow from operating activities was $26,497,986.11, compared to a smaller outflow of $2,647,269.88 in the previous period[23] - The company's cash flow from operating activities was negatively impacted by increased payments to employees, totaling $57,574,811.58, up from $56,508,051.97[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,745,192,797.68, a slight increase of 0.27% from CNY 1,740,496,629.64 at the end of the previous year[3] - The total assets as of Q1 2022 amounted to CNY 1.75 billion, slightly up from CNY 1.74 billion at the end of Q1 2021[16] - Total liabilities decreased to CNY 1.02 billion in Q1 2022 from CNY 1.02 billion in Q1 2021, showing a marginal reduction[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,632[10] - The largest shareholder, Jinan Chanfad Investment Co., holds 26.50% of shares, totaling 72,696,842 shares[10] - The company has approved a non-public offering of up to 82,298,312 shares, with the largest shareholder subscribing to 54,865,541 shares[12] - The company has no pledged, marked, or frozen shares among its top shareholders, indicating a stable ownership structure[10] Investments and Expenses - Research and development expenses for Q1 2022 were CNY 15.17 million, an increase from CNY 14.83 million in Q1 2021, indicating a focus on innovation[19] - The company reported a decrease in investment income by 70.57%, down to CNY 19.19 million, primarily due to reduced returns from invested enterprises[8] - The company’s financial expenses surged by 1306.09% to CNY 405.61 million, mainly due to increased interest expenses and reduced interest income[7] - The company received government subsidies amounting to CNY 3,202,368.26, which were closely related to its normal business operations[5] Inventory and Receivables - Accounts receivable decreased to ¥457,702,105.16 from ¥541,798,468.82, indicating a reduction of approximately 15.5%[14] - Inventory increased to ¥258,643,089.64 from ¥241,875,501.07, reflecting a growth of about 6.9%[14] - The company reported a significant increase of 648.36% in receivables financing, reaching CNY 7,117.32 million, primarily due to the receipt of high-credit bank notes[7] Cash and Equivalents - Cash and cash equivalents at the end of the reporting period amount to ¥257,204,054.10, an increase from ¥250,216,489.35 at the beginning of the year[14] - The ending cash and cash equivalents balance was $177,484,750.78, an increase from $125,398,150.43 in the previous period[24]

Financial Performance - The company reported a total revenue of 1.5 billion RMB for the year 2021, representing a year-on-year growth of 20%[14]. - The net profit attributable to shareholders was 300 million RMB, an increase of 15% compared to the previous year[14]. - The company's operating revenue for 2021 was ¥1,625,883,691.81, representing a 31.65% increase compared to ¥1,234,958,706.70 in 2020[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥50,676,837.36, up 23.54% from ¥41,019,839.12 in the previous year[21]. - The company achieved a revenue of 1.626 billion yuan in 2021, representing a year-on-year growth of 31.65%[63]. - The net profit attributable to shareholders was 66.53 million yuan, an increase of 5.82% compared to the previous year[63]. - The LED power business generated a revenue of 706 million yuan, showing a significant growth of 48.48%[64]. - The SPS consumer electronics power business reported a revenue of 876 million yuan, reflecting a year-on-year increase of 22.49%[65]. - The company reported a significant increase in cash received from financing activities, totaling ¥13,197.25 million, up 87.54% from ¥7,036.96 million[61]. - The company reported a total revenue of 63,035.6 million, with a net profit of 22,990.3 million, indicating a strong financial performance for the year[135]. Market Expansion and Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 30% increase in market share in that region by 2023[14]. - Future guidance indicates expected revenue growth of 25% for 2022, driven by new product launches and market expansion efforts[14]. - The company is focusing on expanding its market presence and enhancing product value through technological innovations and new product launches[86]. - The company plans to enhance its supply chain efficiency, aiming for a 15% reduction in operational costs by the end of the next fiscal year[148]. - The company is exploring partnerships with technology firms to leverage advancements in artificial intelligence for product development[148]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[153]. Research and Development - The company plans to invest 200 million RMB in R&D for new product development in the upcoming year[14]. - The company’s R&D investment amounted to ¥63,872,042.14 in 2021, representing a 19.46% increase from ¥53,466,067.34 in 2020[87]. - The number of R&D personnel increased to 197 in 2021, up 18.67% from 166 in 2020, with R&D personnel accounting for 9.49% of the total workforce[87]. - The company is developing a 500W multimedia intelligent power supply to meet diverse customer needs, with plans for mass production[84]. - The company plans to launch a new generation of stadium lighting drivers, which will enhance its competitiveness in the tunnel lighting market[85]. - The company is committed to enhancing its R&D capabilities to maintain industry leadership, especially in high-frequency, high-power, and intelligent power supply products[119]. Operational Efficiency and Cost Management - The company has established a supply chain management center to optimize procurement and inventory management, reducing pressure on stock levels[46]. - The company has set up an overseas factory in Vietnam to enhance global operational capabilities and build a global supply chain system[47]. - The company aims to enhance its product competitiveness through the development of new generation products, including the P6 series plant growth driver and N1 series industrial lighting driver[86]. - The company is addressing raw material price volatility by optimizing supply chain resources and establishing strategic partnerships with key suppliers[120]. - The company plans to reinvest its undistributed profits to support stable and healthy development, aligning with market opportunities in the power supply industry[170]. Governance and Compliance - The company strictly adheres to the requirements of the Company Law and Securities Law, ensuring compliance with governance standards set by regulatory bodies[125]. - The board of directors and supervisory board operate independently, with clear responsibilities and adherence to internal regulations[126]. - The company maintains complete independence in business operations, assets, personnel, and financial matters, ensuring no conflicts of interest with the controlling shareholder[129]. - The company has established a transparent performance evaluation and incentive mechanism for directors and senior management[127]. - The company is committed to maintaining transparency and accountability in its financial reporting and corporate governance practices[135]. Risk Management - The management highlighted potential risks including market competition and supply chain disruptions in their future outlook[4]. - The company acknowledges risks from intensified market competition and potential declines in gross margins due to price reductions in electronic products[118]. - The company is implementing foreign exchange hedging to manage risks associated with currency fluctuations as its overseas business grows[119]. - The company is improving its accounts receivable risk management system to mitigate bad debt risks as its business scales up[120]. Sustainability and Social Responsibility - The management team emphasized a commitment to sustainability, with plans to reduce carbon emissions by 20% over the next three years[148]. - The company actively engages in social responsibility initiatives, emphasizing environmental protection and sustainable development[184]. - The company has no record of administrative penalties related to environmental issues during the reporting period[183]. Employee Management and Development - The total number of employees at the end of the reporting period was 2,076, with 301 in the parent company and 1,775 in major subsidiaries[167]. - The company emphasizes talent development through a comprehensive training system, including various training formats to enhance employee skills and engagement[169]. - The company has a structured approach to employee performance evaluation and compensation planning[166].