Financial Performance - The company's operating revenue for 2021 was ¥222,588,256.53, representing a 31.56% increase compared to ¥169,195,010.59 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥24,141,744.96, a significant increase of 123.85% from ¥10,784,638.77 in 2020[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for 2021 was ¥22,556,662.12, an increase of 56.45% compared to ¥14,417,809.71 in 2020[22]. - Basic and diluted earnings per share increased by 62.50% to ¥0.26 from ¥0.16 in 2020[22]. - The total assets at the end of 2021 were ¥519,993,699.54, representing a 10.59% increase from ¥470,210,637.67 at the end of 2020[22]. - The net assets attributable to shareholders increased by 6.25% to ¥441,885,294.21 from ¥415,874,261.62 in 2020[22]. - The company reported a total revenue of ¥222,588,256.53 for the year, with quarterly revenues of ¥46,221,280.62, ¥59,859,916.94, ¥60,540,194.57, and ¥55,966,864.40 respectively[26]. - The revenue from circuit protection components accounted for 93.61% of total revenue, amounting to ¥208.36 million, which is a 31.97% increase from ¥157.88 million in the previous year[84]. - The sales volume of circuit protection components reached 65,256.91 million units, up 31.10% from 49,777.29 million units in 2020[89]. - The gross profit margin for circuit protection components decreased to 31.15%, down from 31.97% in the previous year, indicating a decline of 7.22%[88]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of ¥0.40 per 10 shares (including tax) based on a total of 93,352,000 shares[5]. - The cash dividend distribution plan for 2021 includes a cash dividend of 0.40 yuan per share, totaling 3,734,080 yuan[195]. - The total distributable profit for the period was 53,792,899.85 yuan, with cash dividends representing 100% of the profit distribution[193]. - The annual shareholders' meeting had a participation rate of 30.05%[154]. - The company has a clear profit distribution policy that considers the opinions of minority shareholders and involves independent directors in the decision-making process[191]. Market Expansion and Product Development - The company is focused on expanding its market presence and enhancing its product offerings through new technology development[5]. - The company is actively expanding into emerging markets such as renewable energy, energy storage, and electric vehicles, aiming to increase market share[35]. - The company is transitioning from a single fuse product provider to a comprehensive circuit protection system solution provider, expanding its product categories[82]. - The company aims to expand its market share in the electronic fuse market, with a stable growth in customer numbers and a focus on developing the power fuse market[127]. - The company plans to increase the revenue share of its power fuses to approximately 40% by enhancing its research and development efforts in the new energy sector[129]. - The company is actively developing products in the renewable energy sector, including wind power, solar energy, and energy storage, in line with national carbon reduction goals[75]. Research and Development - The company has obtained a total of 47 patents, including 8 new patents in 2021, enhancing its R&D capabilities[36]. - Research and development expenses increased by 27.29% to ¥9,997,180.44, representing 4.49% of operating income[97]. - The company plans to increase its R&D budget by 30% in 2022 to support innovation and product development[171]. - The company has increased its R&D investment in new energy sectors, aiming to enhance its product offerings and market share[55]. - The company aims to enhance its core business by increasing investment in power products and expanding existing product usage scenarios[121]. Corporate Governance and Management - The company has established a strong market presence in various sectors, including traditional power generation, metallurgy, and aerospace, indicating significant market potential[53]. - The board of directors consists of 7 members, including 3 independent directors, meeting the legal requirements for governance structure[142]. - The company has established specialized committees within the board, including a strategy committee and an audit committee, to enhance governance[142]. - The company emphasizes the importance of corporate governance and compliance with regulatory standards in its operations[167]. - The company has a performance assessment system in place for determining remuneration for its directors and senior management[173]. Risk Management - The company emphasizes the importance of risk awareness regarding its future plans and market conditions[5]. - The company is aware of the volatility in raw material prices, particularly for copper and tin, and plans to implement hedging strategies to manage cost fluctuations[134]. - The company emphasizes risk management in its derivative trading, including price fluctuation and liquidity risks[114]. - The company acknowledges risks from macroeconomic fluctuations affecting downstream product demand and plans to enhance product development and market expansion to mitigate these risks[131]. Operational Changes and Challenges - The company experienced a leadership change with the resignation of several key executives, including the chairman and general manager, which may impact strategic direction[161]. - The company is focused on maintaining its operational stability despite the changes in management[161]. - The ongoing COVID-19 pandemic poses uncertainties for future performance, and the company will maintain close collaboration with customers to ensure operational continuity[135]. - The company has optimized its production capacity and labor structure to meet the increasing order volume and market demand post-COVID-19[79]. Employee and Training Initiatives - The company conducted various training programs to enhance employee skills, including management skills and professional knowledge training[190]. - The total number of employees at the end of the reporting period was 542, with 59 in the parent company and 483 in major subsidiaries[187]. - The employee composition included 381 production staff, 22 sales staff, 79 technical staff, 11 financial staff, and 49 administrative staff[187]. Future Outlook - The company provided a positive outlook for 2022, projecting a revenue growth of 15% to 18% based on market expansion strategies and new product launches[172]. - The company plans to continue expanding its market presence through strategic initiatives and potential acquisitions[157]. - The company aims to leverage its management's diverse backgrounds to improve operational efficiency and strategic decision-making[169].

好利科技 证券代码：002729 证券简称：好利科技 公告编号：2022-019 好利来（中国）电子科技股份有限公司 关于举行 2021 年年度报告业绩说明会暨参加 厦门辖区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。 好利来（中国）电子科技股份有限公司（以下简称"公司"）将于 2022 年 4 月 29 日在巨潮资讯网（http://www.cninfo.com.cn/）上披露《2021 年年度报告》 及《2021 年年度报告摘要》。 为进一步加强与投资者的互动交流，便于广大投资者更加全面、深入地了解 公司2021年年度经营情况，公司拟于2022年5月10日举行2021年年度报告业绩说 明会暨参加由厦门证监局指导、厦门上市公司协会和深圳市全景网络有限公司联 合举办的"厦门辖区上市公司2021年年报业绩说明会暨投资者网上集体接待日" 活动。现将有关事项公告如下： 一、本次活动相关安排 1. 召开时间：2022年5月10日（星期二）下午14:30至16:00 2. 召开方式：本次说明会将采用网络远程方式举行。投资者可以登 ...

Financial Performance - The company's revenue for Q3 2021 reached ¥60,540,194.57, representing a 38.49% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥5,972,944.96, up 58.79% year-on-year[4] - The net profit excluding non-recurring items was ¥5,729,110.27, reflecting a 60.43% increase compared to the previous year[4] - The company experienced a 43.99% increase in total revenue for the first nine months of 2021, amounting to ¥166,621,392.13, driven by strong customer demand and market expansion efforts[8] - Net profit for Q3 2021 was ¥16,584,897.67, an increase from ¥11,987,192.76 in the previous year, representing a growth of approximately 38.5%[29] - Total comprehensive income for the period reached CNY 16,408,291.14, compared to CNY 10,417,873.52 in the previous period, reflecting a significant increase[30] - Basic and diluted earnings per share improved to CNY 0.25 from CNY 0.18 year-over-year[30] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥495,530,061.51, a 5.38% increase from the end of the previous year[4] - The company's total assets increased to ¥495,530,061.51 from ¥470,210,637.67, reflecting a growth of about 5.1%[26] - Current liabilities totaled ¥65,692,083.78, up from ¥53,908,532.16, which is an increase of approximately 21.9%[24] - The company's equity attributable to shareholders reached ¥429,615,352.76, compared to ¥415,874,261.62, showing a growth of about 3.3%[26] Cash Flow - Operating cash flow for the year-to-date was negative at -¥47,596,874.90, a decrease of 242.40% compared to the previous year, primarily due to increased raw material costs and higher employee payments[9] - Cash inflow from operating activities totaled CNY 140,809,274.60, up from CNY 126,293,216.07 in the previous period[32] - Cash outflow from operating activities increased to CNY 188,406,149.50, compared to CNY 92,869,408.94 in the previous period, resulting in a net cash flow from operating activities of -CNY 47,596,874.90[33] - Cash inflow from investment activities was CNY 90,588,239.72, while cash outflow was CNY 119,343,650.41, leading to a net cash flow from investment activities of -CNY 28,755,410.69[33] - Cash inflow from financing activities amounted to CNY 15,000,000.00, with cash outflow totaling CNY 12,979,220.81, resulting in a net cash flow from financing activities of CNY 2,020,779.19[33] - The ending cash and cash equivalents balance was CNY 57,948,747.03, down from CNY 111,715,034.60 in the previous period[33] Research and Development - The company reported a significant increase in R&D expenses, totaling ¥7,921,542.73, which is a 39.21% rise year-on-year, indicating a focus on product innovation[8] - Research and development expenses for the period were reported at ¥7,921,542.73, compared to ¥5,690,255.13 in the previous year, reflecting an increase of approximately 39.2%[28] Shareholder Information - The total number of common shareholders at the end of the reporting period was 4,544[11] - The top 10 shareholders hold a combined 66.42% of the shares, with the largest shareholder, 旭昇亚洲投资有限公司, owning 24.52%[11] - The company approved a capital reserve conversion plan, increasing the total share capital from 66,680,000 shares to 93,352,000 shares, with a 40% increase in shares distributed[14] Strategic Initiatives - The company plans to invest 5 million RMB in 曲速科技, acquiring a 3.125% stake, pending due diligence[17] - The company is exploring market expansion through strategic investments and partnerships[17] - The company has initiated a plan for commodity futures hedging to manage financial risks[19] - The company has approved a maximum margin trading limit of 10 million RMB for commodity futures hedging activities[19] Other Information - The company has not declared cash dividends or stock dividends for the current period[14] - The company changed its stock abbreviation from "好利来" to "好利科技" effective September 24, 2021[20] - Cash and cash equivalents decreased from 134,840,619.13 RMB at the end of 2020 to 60,309,217.60 RMB by September 30, 2021[22] - The company reported a credit impairment loss of ¥1,431,847.61, compared to a gain of ¥306,966.51 in the previous year[29] - The company did not undergo an audit for the third quarter report[35] - The company has not applied the new leasing standards for the current reporting period[34]

好利来 股票代码：002729 股票简称：好利来 公告编号：2021-072 好利来（中国）电子科技股份有限公司 关于参加 2021 年度厦门辖区 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。 为加强与投资者的互动交流，使广大投资者能更深入全面地了解公司情况， 好利来（中国）电子科技股份有限公司（以下简称"公司"）定于2021年9月7日 （星期二）15:00-17:00参加由厦门上市公司协会联合深圳市全景网络有限公司 举办的"2021年度厦门辖区上市公司投资者网上集体接待日"活动。 本次活动将通过深圳市全景网络有限公司提供的网上平台进行，投资者可以 登录全景网投资者关系互动平台（http://ir.p5w.net）参与在线交流。届时公司相 关人员将通过网络就投资者关注的问题进行实时沟通。 出席本次投资者集体接待日活动的人员有：董事长陈修先生，副总经理兼董 事会秘书刘昊德先生（暂代财务总监）。 欢迎广大投资者积极参与。 特此公告。 好利来（中国）电子科技股份有限公司董事会 2021 年 9 月 1 日 ...

Financial Performance - The company's revenue for the first half of 2021 was CNY 106,081,197.56, representing a 47.33% increase compared to CNY 72,000,860.32 in the same period last year[19]. - The net profit attributable to shareholders was CNY 10,611,952.71, up 29.01% from CNY 8,225,700.22 year-on-year[19]. - The net profit after deducting non-recurring gains and losses was CNY 9,336,624.49, reflecting a 41.00% increase from CNY 6,621,905.91 in the previous year[19]. - The basic earnings per share increased by 33.33% to CNY 0.16 from CNY 0.12 year-on-year[19]. - The company reported a net profit of CNY 94.46 million for the first half of 2021, down from CNY 100.10 million in the same period of 2020, a decrease of about 5.5%[136]. - The total comprehensive income for the period was reported at CNY -40.08 million, compared to CNY -39.89 million in the previous period, indicating a slight deterioration[131]. - The total comprehensive income for the first half of 2021 decreased by CNY 2,973,641, representing a significant decline compared to the previous period[161]. Assets and Liabilities - The company's total assets increased by 3.25% to CNY 485,505,997.62 from CNY 470,210,637.67 at the end of the previous year[19]. - Total assets increased to CNY 485.51 billion as of June 30, 2021, compared to CNY 470.21 billion at the end of 2020, reflecting a growth of approximately 3.0%[129]. - Total liabilities increased to CNY 61.88 billion from CNY 54.34 billion, representing a growth of around 13.9%[131]. - Current liabilities totaled CNY 61.66 billion, up from CNY 53.91 billion, indicating an increase of about 14.5%[130]. - The company's inventory increased to CNY 46,297,798, representing 9.54% of total assets[49]. - The company's cash and cash equivalents decreased to CNY 54.20 million from CNY 98.78 million, a decline of about 45.0%[133]. Cash Flow - The company reported a significant decline in net cash flow from operating activities, which was CNY 288,803.96, down 98.95% from CNY 27,534,881.13 in the same period last year[19]. - The net cash flow from operating activities was 288,803.96 CNY, a significant decrease from 27,534,881.13 CNY in the previous period, indicating a decline in operational efficiency[146]. - The total cash inflow from investment activities was 55,240,579.18 CNY, compared to 50,398,743.83 CNY in the prior period, reflecting an increase in investment recovery[147]. - The net cash flow from investment activities was -37,039,014.85 CNY, a sharp decline from 24,998,043.97 CNY, suggesting increased investment expenditures[147]. - The company reported a net cash outflow of 39,427,389.74 CNY for the period, contrasting with a net increase of 48,495,848.72 CNY previously, highlighting cash management challenges[147]. Market and Business Strategy - The company is actively expanding into the renewable energy sector, including photovoltaic, energy storage, wind power, and new energy vehicles, while maintaining its core business in circuit protection components[26]. - The company aims to reduce customer concentration and enhance sustainable development capabilities by exploring new markets and business opportunities[26]. - The company is focusing on expanding its business in the renewable energy sector, including solar, energy storage, wind power, and electric vehicles[31]. - The company has maintained a sales model that combines direct sales, professional distributors, and small to medium-sized traders, ensuring a broad application of its products across various industries[26]. Research and Development - Research and development investment increased by 23.53% to ¥4,681,185.67, reflecting the company's commitment to innovation and product development[41]. - The company emphasizes technological innovation and has built a strong R&D team capable of developing various types of fuses[35]. - The company has obtained 50 patents, with 5 new patents acquired during the reporting period, covering various innovative technologies[35]. Quality Management - The company has established a comprehensive quality management system, achieving BSI•ISO9001:2008 and BSI•ISO/TS16949:2009 certifications, enhancing its product reliability and market competitiveness[37]. - The company emphasizes strict quality management to mitigate risks associated with product quality, as failures could harm brand reputation and lead to significant compensation costs[62]. Shareholder and Equity Information - The total number of shares remained unchanged at 66,680,000, with a significant increase of 2,735,499 shares in restricted shares due to executive lock-up[111]. - The largest shareholder, Xusheng Asia Investment Co., Ltd., holds 24.52% of the shares, totaling 16,350,000[116]. - The company will not distribute cash dividends or issue bonus shares, opting instead to increase capital stock by 4 shares for every 10 shares held, totaling 26,672,000 shares[70]. Social Responsibility and Community Engagement - The company donated 245,000 yuan to support flood relief efforts in Henan Province following severe flooding in July 2021[81]. - The company has received multiple honors for its commitment to social responsibility, including recognition as a "Harmonious Labor Relations Enterprise" and "Advanced Unit for Humanitarian Contributions"[78]. Risk Factors - The company faces market risks due to macroeconomic fluctuations affecting downstream product demand, which could negatively impact revenue growth[60]. - The company is exposed to raw material price volatility, particularly for copper and tin, which could affect production costs and profit margins[63].

Financial Performance - The company's operating revenue for 2020 was ¥169,195,010.59, a decrease of 4.99% compared to ¥178,077,303.92 in 2019[17] - The net profit attributable to shareholders for 2020 was ¥10,784,638.77, down 50.09% from ¥21,608,922.16 in 2019[17] - The net profit after deducting non-recurring gains and losses was ¥14,417,809.71, a decrease of 11.85% from ¥16,356,014.13 in 2019[17] - The net cash flow from operating activities was ¥30,135,715.44, down 28.51% from ¥42,151,697.53 in 2019[17] - Basic earnings per share for 2020 were ¥0.16, a 50.00% decrease from ¥0.32 in 2019[17] - Total assets at the end of 2020 were ¥470,210,637.67, a decrease of 4.31% from ¥491,410,105.70 at the end of 2019[17] - The net assets attributable to shareholders at the end of 2020 were ¥415,874,261.62, down 7.09% from ¥447,622,767.60 at the end of 2019[17] - The weighted average return on equity for 2020 was 2.50%, a decrease of 2.41% from 4.91% in 2019[17] Cash Flow and Investments - The company reported uncertainty regarding its ability to continue as a going concern due to negative net profits in recent years[17] - The company reported a 52.64% increase in cash and cash equivalents to CNY 134,840,600, primarily due to the maturity of financial products[31] - The company's investment activities generated a net cash flow of ¥23,020,573.97 in 2020, a significant increase compared to a net outflow of -¥34,078,302.79 in 2019[64] - The total cash and cash equivalents increased by ¥44,540,447.99 in 2020, a significant change compared to a decrease of ¥6,658,769.25 in 2019[65] Revenue Breakdown - Revenue from circuit protection components was ¥157,883,143.29, accounting for 93.31% of total revenue, down 5.24% from ¥166,606,529.91 in 2019[50] - The company experienced a 16.92% decline in export revenue, which amounted to ¥26,503,785.78, compared to ¥31,902,900.48 in the previous year[50] - The gross margin for circuit protection components was 38.37%, slightly down from 38.74% in 2019[52] - The production volume of circuit protection components decreased by 2.40% to 44,100.35 million units in 2020, while inventory increased by 30.64% to 15,675.06 million units[53] Research and Development - The company has established a comprehensive R&D team over 20 years, covering five product categories including tubular fuses and SMD fuses[36] - The company holds 39 patents related to fuse production technology, enhancing its product development capabilities[36] - The company plans to increase R&D investment to improve innovation efficiency and develop new products in high-voltage, high-breaking capacity, and high-rated current series for emerging markets like 5G and renewable energy[93] Market Strategy and Expansion - The company has increased its investment in the renewable energy sector, particularly in photovoltaic and electric vehicle markets, aiming to capture a larger market share[28] - The company aims to enhance its competitive edge through continuous technological innovation and business expansion in smart city and digital network sectors[28] - The company is actively expanding its sales network in international markets, including the US, Europe, and Japan, to enhance global coverage and market share[96] - The company is focusing on developing industrial applications, clean energy, and electric vehicles, aligning with green and low-carbon development principles[97] Governance and Compliance - The company has established a governance structure that complies with the requirements of the China Securities Regulatory Commission and the Shenzhen Stock Exchange[197] - The board of directors consists of 7 members, including 3 independent directors, with one being a financial professional, meeting legal requirements[198] - The company has maintained compliance with all relevant laws and regulations without any penalties or corrective actions during the reporting period[122] - The company emphasizes transparency and timely information disclosure, ensuring equal access for all shareholders[199] Shareholder and Ownership Structure - The actual controller, Zheng Qianling, was exempted from fulfilling voluntary share lock-up commitments to facilitate the introduction of quality investors[47] - The total number of ordinary shareholders at the end of the reporting period was 3,872, down from 3,997 at the end of the previous month[166] - The largest shareholder, Haolilai Holdings Limited, holds 41.91% of the shares, totaling 27,945,440 shares, with a decrease of 404,600 shares during the reporting period[166] - The company has not reported any changes in share capital or significant financial metrics related to share changes during the reporting period[163] Employee Management and Development - The total number of employees in the company is 600, with 52 in the parent company and 548 in major subsidiaries[191] - The company has established various training programs to enhance employee skills and capabilities[194] - The total remuneration for directors, supervisors, and senior management during the reporting period amounts to 3.5768 million yuan[190] - The company has implemented a salary management system that includes basic salary, position subsidies, performance bonuses, and other components[193] Legal Matters and Risks - The company is involved in a civil lawsuit related to its subsidiary, with the case filed in British Columbia[155] - The lawsuit against Ultrasave Lighting and Energy Efficient did not specify a monetary amount for the civil claim, and the company has engaged lawyers to respond to the court[157] - The British Columbia Supreme Court ruled in December 2020 that all claims made by the plaintiff against the defendant were dismissed, with no party required to bear costs[158] - The court's ruling is not expected to have a significant impact on the company's current or future profits[159]

Financial Performance - The company's revenue for Q1 2021 was ¥46,221,280.62, representing a 74.96% increase compared to ¥26,418,046.94 in the same period last year[8] - Net profit attributable to shareholders was ¥5,229,952.52, a significant increase of 317.55% from ¥1,252,521.12 year-on-year[8] - The net profit after deducting non-recurring gains and losses reached ¥4,719,047.91, marking a 900.66% increase from ¥471,594.35 in the previous year[8] - Basic and diluted earnings per share were both ¥0.08, reflecting a 300% increase compared to ¥0.02 in the same period last year[8] - The company's operating profit for Q1 2021 was CNY 6,223,246.08, compared to CNY 2,177,555.37 in the previous year, representing an increase of approximately 186%[38] - The net profit for Q1 2021 reached CNY 5,229,952.52, a significant increase from CNY 1,252,521.12 in the same period last year, marking a growth of about 318%[38] - Total comprehensive income for Q1 2021 was CNY 5,302,559.36, compared to CNY 1,624,627.54 in the previous year, indicating an increase of approximately 226%[39] - The total profit for Q1 2021 was CNY 6,227,151.29, compared to CNY 2,106,177.42 in the previous year, marking an increase of about 195%[38] Cash Flow - The company reported a net cash flow from operating activities of -¥2,945,118.89, a decline of 120.49% compared to ¥14,373,482.01 in the same period last year[8] - The net cash flow from operating activities decreased by 120.49% to -¥2,945,118.89 in Q1 2021, compared to ¥14,373,482.01 in Q1 2020, due to reduced sales revenue and increased cash payments for goods and services[16] - The company reported a cash inflow from operating activities of CNY 35,093,861.03 in Q1 2021, compared to CNY 38,880,084.29 in the previous year, reflecting a decrease of about 7%[45] - The net cash flow from investment activities was -¥872,208.69, a 103.95% decrease from ¥22,103,199.07 in the previous year, due to reduced net amounts from financial products[16] - The cash flow from operating activities showed a total outflow of 41,295,723.44 CNY, compared to 27,833,710.26 CNY in the previous period[46] - The cash flow from operating activities netted a total of -9,170,782.20 CNY for the parent company, a decrease from 22,599,078.58 CNY in the previous period[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥469,409,585.85, a slight decrease of 0.17% from ¥470,210,637.67 at the end of the previous year[8] - Net assets attributable to shareholders increased by 1.28% to ¥421,176,820.98 from ¥415,874,261.62 at the end of the last year[8] - Total liabilities decreased to ¥48,232,764.87 from ¥54,336,376.05, reflecting a reduction in financial obligations[30] - Owner's equity increased to ¥421,176,820.98 from ¥415,874,261.62, indicating a strengthening of the company's financial position[31] Operating Costs - Operating costs increased by 86.49% to ¥28,470,107.94 in Q1 2021 from ¥15,266,203.18 in Q1 2020, driven by the rise in operating revenue[15] - Total operating costs amounted to ¥40,645,362.03, up from ¥25,684,942.31, with operating costs specifically rising to ¥28,470,107.94 from ¥15,266,203.18[37] - The operating costs for Q1 2021 were CNY 1,300,851.10, slightly down from CNY 1,355,748.94 in the previous year, indicating a decrease of approximately 4%[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,997[11] - The top shareholder, Xusheng Asia Investment Co., Ltd., held 24.52% of the shares, amounting to 16,350,000 shares[11] Research and Development - Research and development expenses rose to ¥2,139,296.87 from ¥1,694,516.13, highlighting a commitment to innovation[37] Other Financial Metrics - The weighted average return on equity was 1.25%, up from 0.28% year-on-year, indicating improved profitability[8] - Other income decreased by 55.76% to ¥362,726.24 from ¥819,874.40, mainly due to a reduction in government subsidies during the reporting period[15] - Credit impairment losses dropped by 79.60% to ¥87,832.06 from ¥430,533.96, reflecting the increase in operating revenue[15] - Deferred income tax liabilities decreased to ¥160,275.18 from ¥200,343.89, suggesting improved tax management[34] - The company reported a slight increase in undistributed profits to ¥193,488,298.26 from ¥188,258,345.74, indicating retained earnings growth[31]

好利来（中国）电子科技股份有限公司 2020 年第三季度报告全文 好利来（中国）电子科技股份有限公司 2020 年第三季度报告 2020 年 10 月 1 好利来（中国）电子科技股份有限公司 2020 年第三季度报告全文 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。 公司负责人杨力、主管会计工作负责人张广雁及会计机构负责人(会计主管 人员)陈梓华声明：保证季度报告中财务报表的真实、准确、完整。 2 好利来（中国）电子科技股份有限公司 2020 年第三季度报告全文 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 508,208,208.14 | | 491,410,105.70 | 3.42% | | 归属于上市公司股东的净资产 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥72,000,860.32, a decrease of 21.04% compared to ¥91,183,217.66 in the same period last year[18]. - The net profit attributable to shareholders was ¥8,225,700.22, down 22.22% from ¥10,575,583.09 year-on-year[18]. - The net profit after deducting non-recurring gains and losses was ¥6,621,905.91, representing a decline of 30.24% compared to ¥9,492,874.73 in the previous year[18]. - The company's total revenue for the first half of 2020 was ¥72,000,860.32, a decrease of 21.04% compared to ¥91,183,217.66 in the same period last year[45]. - The net profit for the first half of 2020 was ¥8,225,700.22, down 22.22% from ¥10,575,583.09 in the previous year[45]. - The company's total comprehensive income for the first half of 2020 was reported at -1,213.3 million RMB, indicating a significant decrease compared to the previous period[177]. - The total comprehensive income for the first half of 2020 was CNY 7,380,230.73, down from CNY 10,645,377.55 in the first half of 2019[160]. Cash Flow and Assets - The net cash flow from operating activities increased by 66.68% to ¥27,534,881.13 from ¥16,520,011.09 in the same period last year[18]. - Cash and cash equivalents increased by 54.90% to 136.8334 million yuan, primarily due to the recovery of financial products and reduced payment of goods[29]. - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥48,495,848.72, up 243.21% from ¥14,130,208.46 in the previous year[48]. - The company's cash and cash equivalents at the end of the reporting period were ¥136,833,434.99, representing 27.40% of total assets[57]. - The company's cash and cash equivalents increased to CNY 79,544,149.58, up 79.4% from CNY 44,380,753.18 at the end of 2019[151]. - The total assets at the end of the reporting period were ¥499,306,691.62, an increase of 1.61% from ¥491,410,105.70 at the end of the previous year[18]. - The company's total assets as of June 30, 2020, amounted to CNY 499,306,691.62, an increase from CNY 491,410,105.70 as of December 31, 2019, reflecting a growth of approximately 1.8%[146]. Investments and R&D - The company has increased its investment in the renewable energy sector, including photovoltaic, energy storage, and electric vehicle markets, aiming to expand market share and reduce customer concentration[27]. - The company's R&D investment for the first half of 2020 was ¥3,789,361.70, a decrease of 4.41% from ¥3,964,336.34 in the previous year[47]. - The company has established a comprehensive R&D team and emphasizes technical innovation and service improvement as key growth drivers[28]. - The company holds 39 patents related to fuse production technology, enhancing its product development capabilities[35]. Market and Product Positioning - The company continues to focus on the research, production, and sales of circuit protection components, including fuses and self-resetting fuses, while expanding into overvoltage protection[25]. - The company's products are primarily positioned in the mid-to-high-end market, serving major international brand enterprises[25]. - Revenue from circuit protection components was ¥66,938,454.24, accounting for 92.97% of total revenue, down 21.79% from ¥85,588,820.29[50]. - The revenue from fuses was ¥62,300,106.41, representing 86.53% of total revenue, a decline of 19.13% from ¥77,041,350.94[50]. Liabilities and Financial Health - The total liabilities of the company as of June 30, 2020, were CNY 48,971,293.29, up from CNY 43,787,338.10 at the end of 2019, marking an increase of about 11.4%[148]. - The company's total equity decreased to CNY 374,959,742.97 from CNY 382,480,473.40, reflecting a reduction in retained earnings[153]. - The company has no significant doubts regarding its ability to continue as a going concern for the next 12 months[185]. Risk Factors - The company faces market risks due to macroeconomic fluctuations affecting downstream product demand, which could negatively impact revenue growth[74]. - The company is exposed to raw material price volatility, particularly for copper and tin, which could affect production costs and profit margins[77]. - The ongoing COVID-19 pandemic presents uncertainties regarding the overall performance for the year, with the company monitoring the situation closely[78]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,680,000, representing 100% of the shares[126]. - The largest shareholder, Haolilai Holdings Limited, holds 28,217,540 shares, accounting for 42.32% of the total shares, with a decrease of 132,500 shares during the reporting period[129]. - The second largest shareholder, Xusheng Asia Investment Limited, holds 16,350,000 shares, representing 24.52% of the total shares, with a decrease of 928,900 shares[129]. Legal and Regulatory Matters - There were no significant legal disputes or regulatory penalties faced by the company during the reporting period[87][88]. - There are ongoing legal proceedings involving the company's subsidiary, Ultrasave Lighting and Energy Efficient, related to a fire incident, but no specific monetary claims have been disclosed yet[120][121]. Corporate Governance - The financial report for the first half of 2020 was not audited[144]. - The company adheres to the enterprise accounting standards, ensuring the financial statements reflect a true and complete picture of its financial status[187].

Financial Performance - The company's operating revenue for 2019 was CNY 178,077,303.92, representing a 0.69% increase compared to CNY 176,859,629.18 in 2018[16] - The net profit attributable to shareholders for 2019 was CNY 21,608,922.16, which is a 4.76% increase from CNY 20,626,502.13 in 2018[16] - The net profit after deducting non-recurring gains and losses was CNY 16,356,014.13, showing a decrease of 8.77% from CNY 17,929,144.91 in 2018[16] - The net cash flow from operating activities increased by 91.82% to CNY 42,151,697.53, compared to CNY 21,974,319.67 in 2018[16] - The total assets at the end of 2019 were CNY 491,410,105.70, a 1.62% increase from CNY 483,553,484.74 at the end of 2018[16] - The basic earnings per share for 2019 was CNY 0.32, up 3.23% from CNY 0.31 in 2018[16] - The company reported a quarterly revenue of CNY 48,433,861.76 in Q4 2019, with a net profit of CNY 6,477,961.70 for the same quarter[20] Dividend Distribution - The company plans to distribute a cash dividend of CNY 0.7 per 10 shares, based on a total share capital of 66,680,000 as of December 31, 2019[5] - The company distributed cash dividends of 0.7 yuan per 10 shares for the fiscal year 2019, totaling 4,667,600.00 yuan[126] - The cash dividend for 2018 was also 0.7 yuan per 10 shares, amounting to 4,667,600.00 yuan, representing 22.63% of the consolidated net profit attributable to shareholders[125] - The total cash dividends distributed over the last three years were 4,667,600.00 yuan in 2019, 4,667,600.00 yuan in 2018, and 6,668,000.00 yuan in 2017[129] - The company's cash dividends for 2019 accounted for 100% of the total profit distribution[130] Market Expansion and Strategy - The company is focusing on expanding into new markets such as renewable energy, electric vehicles, and photovoltaic sectors, aiming to reduce customer concentration and operational risks[27] - The company has established a comprehensive sales model combining direct sales, professional distributors, and small trade merchants, enhancing market reach[25] - The company is actively expanding its market presence in the photovoltaic new energy generation sector and instrumentation markets[50] - The company aims to strengthen its market leadership in fuse products and expand into overvoltage protection and clean energy applications[100] - The company has a strategic focus on expanding its market presence in electronic products, particularly in air conditioning, smart homes, and electric vehicles[100] Research and Development - The company has a strong R&D team that has developed capabilities in overcurrent and over-temperature protection components, contributing to its competitive advantage[37] - Research and development expenses increased by 27.00% to ¥10,453,422.54 from ¥8,230,759.69 in the previous year[74] - The number of R&D personnel increased by 32.73% from 55 in 2018 to 73 in 2019[76] - The company will increase R&D investment to improve innovation efficiency, including building various laboratories and testing facilities to enhance technical innovation capabilities[108] - The company aims to develop new products in the fields of information electronics, small and medium power supplies, photovoltaic power generation, and electric vehicles, focusing on smaller size, higher voltage, and greater rated current capabilities[107] Quality Management and Compliance - The company has established a robust quality management system, achieving BSI•ISO9001:2008 and BSI•ISO/TS16949:2009 certifications[43] - The company emphasizes strict quality management to prevent product quality risks, as failures could lead to significant brand damage and financial liabilities[116] - The company maintains a commitment to legal compliance and transparency in its operations and disclosures[176] Financial Management - The company has a total of CNY 20,087,800 in cash and cash equivalents in Hong Kong, accounting for 4.58% of its net assets[30] - The company reported a significant increase in other income, which accounted for 22.24% of total profit, mainly from government subsidies[81] - The company has invested in automation processes to improve production efficiency and reduce manufacturing costs[54] - The company has engaged in high-risk entrusted financial management, with a total of 2,200 in principal amount, yielding an annualized return of 3.30%[167] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,418, an increase from 4,389 at the end of the previous month[193] - Haolilai Holdings Limited holds a 42.52% stake in the company, amounting to 28,350,040 shares[193] - Xusheng Asia Investment Limited holds a 25.91% stake, totaling 17,278,900 shares, with 16,350,000 shares pledged[193] - The company has a total of 10 shareholders holding more than 10% of the shares, with no new significant shareholders reported[200] Legal and Regulatory Matters - The company has not engaged in any significant asset or equity sales during the reporting period[95] - The company has not reported any expected inability to recover principal from entrusted financial management[169] - The company did not experience any major litigation or arbitration matters during the reporting period[143] - The company has committed to timely and sufficient disclosure of any unfulfilled promises to shareholders and the public[136]