深圳可立克科技股份有限公司 2018 年第一季度报告正文 证券代码：002782 证券简称：可立克 公告编号：2018-037 深圳可立克科技股份有限公司 2018 年第一季度报告正文 2018 年 4 月 1 深圳可立克科技股份有限公司 2018 年第一季度报告正文 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。 公司负责人肖铿、主管会计工作负责人伍春霞及会计机构负责人(会计主管 人员)伍春霞声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳可立克科技股份有限公司 2018 年第一季度报告正文 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 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 255,776,774.73 | 187,252,820.13 | 36.59% | | 归属于上市公司股东的净利润（元） | 18,034, ...

Financial Performance - The company's operating revenue for 2017 was ¥924,180,241.87, representing an increase of 11.26% compared to ¥830,640,332.44 in 2016[16] - The net profit attributable to shareholders for 2017 was ¥57,421,383.77, a decrease of 2.50% from ¥58,895,678.26 in 2016[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥45,272,256.28, down 17.60% from ¥54,940,166.94 in 2016[16] - The basic earnings per share for 2017 was ¥0.1348, a decrease of 2.53% from ¥0.1383 in 2016[16] - Total assets at the end of 2017 were ¥1,146,804,812.26, reflecting a growth of 10.79% from ¥1,035,101,631.91 at the end of 2016[16] - The net assets attributable to shareholders at the end of 2017 were ¥832,363,940.91, an increase of 1.81% from ¥817,542,557.14 at the end of 2016[16] - The company reported a quarterly revenue of ¥272,602,981.08 in Q4 2017, with a net profit of ¥16,828,612.50 for the same quarter[20] Revenue Sources and Growth - The total operating revenue for 2017 was CNY 924.18 million, an increase of 11.26% compared to the previous year, primarily due to increased sales of magnetic components in the new energy sector[32] - In the magnetic components segment, revenue was ¥536.42 million, accounting for 58.04% of total revenue, with a year-on-year growth of 6.06%[43] - The company achieved over 200% growth in its new energy business in 2017, with significant contributions from solar and wind energy sectors[35] - In the electric vehicle sector, the company provided OBC solutions ranging from 3.6KW to 11KW and established deep cooperation with leading German automotive suppliers[36] - The charging pile market saw the company generate over ¥80 million in revenue in 2017, with expectations to exceed ¥120 million in 2018 due to the expanding new energy vehicle market[34] - Domestic sales accounted for 36.39% of total revenue, increasing by 8.30% year-on-year, while export sales contributed 63.61%, decreasing by 8.30%[43] Costs and Expenses - The total operating costs amounted to 712,198,543.51 yuan, up from 631,684,687.03 yuan in 2016, reflecting a significant increase in direct materials costs, which accounted for 74.89% of total operating costs[48] - Rising raw material prices and labor costs contributed to increased overall costs for the company[32] - Sales expenses increased by 19.11% to 38,237,786.79 yuan, attributed to rising salary and welfare costs[52] Investments and R&D - The company increased its investment in new product and technology development, leading to higher initial costs[32] - Research and development investment rose by 11.38% to 27,548,753.43 yuan, maintaining a steady ratio of 2.98% of operating revenue[54] - The company plans to enhance its R&D investment and expand its market share in high-value emerging product areas[39] - The company is actively pursuing new business growth points in emerging industries, including smart homes and robotics, with a focus on high-power intelligent power platforms[37] Market Position and Customer Base - The company is a leading supplier for global UPS customers, with core customer order volumes steadily increasing[32] - The company has established a strong customer base, primarily consisting of listed companies and industry leaders, enhancing its market position[25] - The total revenue from the top five customers was 455,787,549.07 yuan, representing 49.32% of the annual total sales[51] Shareholder and Governance Matters - The company plans to distribute a cash dividend of ¥2.00 per 10 shares based on a total of 426,000,000 shares[4] - The total share capital as of December 31, 2017, was 426,000,000 shares, which serves as the basis for dividend distribution[91] - Major shareholders, including Shenzhen Shengyan Investment Co., Ltd., have committed to not reduce their holdings for two years after the lock-up period expires[95] - The company has established a limit on annual share transfers for directors and senior management, not exceeding 25% of their holdings[94] - The company is focused on maintaining a stable share price, with reductions not below the initial public offering price[96] Compliance and Regulatory Matters - The company has maintained compliance with its commitments, with no violations reported during the reporting period[95] - The company has not faced any penalties or rectification situations during the reporting period[145] - The company has not engaged in any major litigation or arbitration matters during the reporting period[143] Employee and Management Structure - The total number of employees in the company is 3,520, with 2,884 in production, 62 in sales, 388 in technical roles, 49 in finance, and 137 in administration[197] - The company has a performance evaluation system that operates quarterly, linking results to annual performance bonuses to enhance employee motivation and retention[199] - The management team consists of 8 senior executives, with diverse backgrounds in engineering and finance, contributing to the company's strategic direction[191] Financial Management and Investments - The total amount of entrusted financial management during the reporting period was 62,200,000 RMB, with an unexpired balance of 21,100,000 RMB[157] - The company invested 46,700,000 RMB in bank financial products and 15,500,000 RMB in broker financial products[158] - The company achieved a dynamic yield of 97.7 million from its financial products in 2017[160] Related Party Transactions - The company reported a related party transaction amounting to 468.42 million yuan, which accounted for 0.87% of the total transaction amount[147] - The company has not engaged in any repurchase transactions among its top ten shareholders during the reporting period[176]

Financial Performance - Operating revenue for the reporting period was ¥248,964,849.44, representing an increase of 11.11% year-on-year[8]. - Net profit attributable to shareholders decreased by 55.38% to ¥11,385,540.73 compared to the same period last year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,764,565.77, down 59.03% year-on-year[8]. - Basic earnings per share decreased by 55.43% to ¥0.0267[8]. - The weighted average return on net assets was 1.42%, a decrease of 1.89% compared to the previous year[8]. - Total profit fell by 39.64% to ¥53,097,878.95, impacted by rising raw material costs and increased financial expenses[17]. - Net profit declined by 35.57% to ¥40,592,771.27, mainly due to the decrease in total profit[17]. - The company expects a net profit for 2017 to decrease by 40.00% to 0.00% compared to the previous year[20]. Assets and Shareholder Information - Total assets at the end of the reporting period reached ¥1,072,396,076.97, an increase of 3.60% compared to the end of the previous year[8]. - The total number of ordinary shareholders at the end of the reporting period was 53,619[12]. - The largest shareholder, Shenzhen Shengyan Investment Co., Ltd., held 35.56% of the shares, amounting to 151,500,000 shares[12]. Cash Flow and Operating Activities - The net cash flow from operating activities increased significantly by 171.83% to ¥41,734,244.12[8]. - Cash received from operating activities increased by 132.44% to ¥9,607,865.57, primarily from government subsidies[18]. Expenses and Financial Impact - Financial expenses increased by 258.17% to ¥9,208,685.73 due to increased exchange losses from currency fluctuations[17]. - Operating profit decreased by 47.34% to ¥44,828,666.81, attributed to higher salary and welfare costs, increased R&D investment, and exchange losses[17]. - Investment income rose by 133.74% to ¥3,954,112.45 primarily from returns on bank wealth management products[17]. Other Financial Metrics - Accounts receivable rose by 64.44% to ¥8,153,623.25 due to an increase in customer notes[17]. - Short-term borrowings surged by 166.06% to ¥54,447,243.86, resulting from bank deposit pledges[17]. - The company reported a total of non-recurring gains and losses amounting to ¥9,798,656.51 for the year-to-date[9]. Future Plans - The company plans to expand its overseas market efforts despite rising costs and financial losses[21].

Financial Performance - The company's operating revenue for the first half of 2017 was ¥402,612,411.35, representing a decrease of 2.05% compared to the same period last year[17]. - The net profit attributable to shareholders was ¥29,207,230.54, down 22.09% year-on-year[17]. - The net profit after deducting non-recurring gains and losses was ¥21,029,548.99, a decline of 40.16% compared to the previous year[17]. - The total profit for the period was 34.65 million yuan, down 35.73% year-on-year, while net profit decreased by 22.09% to 29.21 million yuan[31]. - The decline in profits was primarily due to increased exchange losses from currency fluctuations and higher financial costs[31]. - The basic earnings per share were ¥0.0686, down 22.05% from ¥0.0880 in the same period last year[17]. - The weighted average return on equity was 3.54%, a decrease of 1.20% from the previous year[17]. - The total comprehensive income for the period was CNY 29,207,230.54, reflecting a decrease of CNY 13,392,769.46 compared to the previous period[154]. Cash Flow and Assets - The net cash flow from operating activities was ¥2,338,447.32, a significant drop of 88.92% from the same period last year[17]. - Cash and cash equivalents decreased by 56.17% to CNY 133,120,316.96, mainly due to the purchase of bank financial products[35]. - The company's cash and cash equivalents at the end of the reporting period amount to ¥133,120,316.96, down from ¥303,741,314.34 at the beginning of the period[130]. - Accounts receivable increased to CNY 222.96 million, accounting for 21.30% of total assets, up from 20.73% year-on-year, mainly due to an increase in unexpired accounts receivable[46]. - Inventory rose to CNY 127.52 million, making up 12.18% of total assets, up from 9.23% year-on-year, driven by pre-production to meet customer demand[46]. - The total assets at the end of the reporting period were ¥1,046,988,778.44, an increase of 1.15% from the end of the previous year[17]. Investment and Development - The company has established a new investment management company with a registered capital of 10 million yuan to seek strategic investment opportunities[32]. - The company is focusing on expanding into new markets, particularly in the fields of new energy, automotive electronics, and rail transportation[32]. - The company is enhancing its R&D capabilities and has set up a modern workshop to meet future product requirements in the automotive and rail sectors[32]. - The company has increased its investment in new product and technology development, which is currently in the investment phase[31]. - Research and development expenses increased by 54.60% to CNY 11,903,883.38, primarily due to increased investment in new products and technologies[35]. Market Position and Strategy - The company has maintained a leading market position in the magnetic components industry, with a strong customer base including many listed companies[27]. - The company is implementing a SAP system to improve management efficiency and facilitate seamless data integration across departments[33]. - The company plans to enhance talent acquisition and training to support its rapid growth and address the increasing demand for high-level management and technical personnel[65][68]. - The company aims to strengthen market research and development to maintain its competitive edge in the industry[68]. Risks and Compliance - The report highlights potential risks that may affect the company's future development[4]. - The company anticipates risks related to project returns, human resources, management, and technology development, which could impact operational performance[64][66][67]. - The management emphasized the importance of compliance with regulations to avoid any legal repercussions, ensuring shareholder interests are protected[76]. - The company has not encountered any significant changes in the feasibility of its investment projects during the reporting period[56]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company reported a commitment from shareholders not to transfer their shares for 36 months post-IPO, ensuring stability in shareholding[74]. - The company has a share reduction plan that allows for a maximum of 20% of its holdings to be sold annually after the lock-up period, with total sales not exceeding 5% of the total share capital[75]. - The total number of shares is 426,000,000, with 75% being restricted shares[113]. - The largest shareholder, Shenzhen Shengyan Investment Co., Ltd., holds 35.56% of shares, totaling 151,500,000 shares[115]. Financial Compliance and Reporting - The half-year financial report has not been audited, indicating a lack of external validation for the financial data presented[91]. - There are no penalties or rectification measures reported during the period, reflecting a stable compliance status[94]. - The company has not reported any related party debt transactions during the reporting period[100]. - The financial statements prepared by the company comply with the requirements of the enterprise accounting standards, reflecting the financial position, operating results, and cash flows accurately[173].

Financial Performance - The company's operating revenue for Q1 2017 was ¥187,252,820.13, representing a decrease of 8.97% compared to ¥205,709,183.52 in the same period last year[8]. - The net profit attributable to shareholders was ¥15,283,447.58, down 17.12% from ¥18,439,983.62 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥12,259,287.54, a decline of 29.77% compared to ¥17,456,370.76 in the previous year[8]. - Total profit decreased by 32.85% to ¥18,220,319.16 due to a reduction in operating income[15]. - Basic earnings per share decreased to ¥0.0359, down 17.09% from ¥0.0433 in the previous year[8]. - The expected net profit for the first half of 2017 is projected to decrease by 30.00% to 10.00% compared to the same period in 2016[18]. Cash Flow and Assets - The net cash flow from operating activities was ¥5,183,363.76, a significant drop of 83.07% from ¥30,610,963.01 in the same quarter last year[8]. - Cash flow from operating activities decreased by 83.07% to ¥5,183,363.76 mainly due to an increase in inventory[16]. - Total assets at the end of the reporting period were ¥1,070,178,016.18, an increase of 3.39% from ¥1,035,101,631.91 at the end of the previous year[8]. - The net assets attributable to shareholders increased to ¥832,826,004.72, up 1.87% from ¥817,542,557.14 at the end of the previous year[8]. - The company received cash of ¥143,000,000.00 from the maturity of bank financial products, marking a 100% increase[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,197[11]. - The top shareholder, Shenzhen Shengyan Investment Co., Ltd., held 35.56% of the shares, amounting to 151,500,000 shares, which are currently pledged[11]. Non-Recurring Gains and Expenses - The company reported non-recurring gains of ¥3,024,160.04, primarily from government subsidies and investment management income[9]. - Financial expenses increased by 930.54% to ¥1,545,011.28 primarily due to increased exchange losses[15]. - Other income rose by 182.13% to ¥3,518,847.36 mainly from government subsidies[15]. Liabilities and Receivables - Accounts receivable increased by 35.52% to ¥6,719,379.30 due to an increase in customer notes[15]. - Short-term borrowings increased by 97.49% to ¥40,415,570.00 primarily from bank deposit pledges[15]. Future Outlook and Plans - The company plans to increase R&D investment due to rising raw material prices, which may slow profit growth[18]. - The company reported no violations regarding external guarantees or non-operating fund occupation during the reporting period[19][20].

Financial Performance - The company's operating revenue for 2016 was ¥830,640,332.44, representing an increase of 11.65% compared to ¥743,978,449.00 in 2015[19] - The net profit attributable to shareholders for 2016 was ¥58,895,678.26, a 2.99% increase from ¥57,186,270.51 in 2015[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥54,940,166.94, up by 1.48% from ¥54,139,559.70 in 2015[19] - The net cash flow from operating activities decreased by 16.76% to ¥43,433,162.79 from ¥52,178,868.97 in 2015[19] - Basic earnings per share for 2016 were ¥0.1383, down 22.74% from ¥0.1790 in 2015[19] - The total assets at the end of 2016 were ¥1,035,101,631.91, an increase of 7.55% from ¥962,395,657.65 at the end of 2015[19] - The weighted average return on net assets was 7.41%, a decrease of 4.96% from 12.37% in 2015[19] - The total profit for the year was CNY 85.92 million, reflecting a 6.12% increase year-over-year[40] - The net profit remained stable at CNY 58.90 million, showing no change from the previous year[40] Revenue Breakdown - The total operating revenue for the year was CNY 830,639,332.44, with a quarterly breakdown showing Q1 at CNY 205,709,183.52, Q2 at CNY 205,327,480.08, Q3 at CNY 224,079,157.37, and Q4 at CNY 195,524,511.47[24] - The net profit attributable to shareholders was CNY 58,895,678.26, with Q1 at CNY 18,439,983.62, Q2 at CNY 19,048,223.04, Q3 at CNY 25,517,512.11, and Q4 showing a loss of CNY 4,110,040.51[24] - The company reported a net cash flow from operating activities of CNY 43,433,162.79 for the year, with Q1 at CNY 30,610,963.01, Q2 at -CNY 9,504,314.37, Q3 at CNY 15,353,412.00, and Q4 at CNY 6,973,102.15[24] Market Position and Strategy - The company has a strong market position in the magnetic components sector, with a leading market share in electronic transformers used in various applications[29] - The company is actively expanding its product line, including power adapters, battery chargers, and customized power supplies, leveraging its technology and customer resources[31] - The company has shifted its main production base to Huizhou, reducing production costs while maintaining a strong R&D presence in Shenzhen[35] - The company has established a new subsidiary in the U.S., Click Tech Inc., to expand its international market presence[42] - The company plans to maintain market share in traditional sectors while increasing sales to existing customers and investing in R&D for new energy products[81] Research and Development - Research and development (R&D) investment reached ¥24,734,412.08, an increase of 9.82% compared to the previous year[62] - The number of R&D personnel increased by 10.78% to 113, representing 3.50% of the total workforce[62] - The company plans to invest 100 million RMB in research and development for new technologies in the upcoming fiscal year[171] Customer Concentration and Risks - The company has a high customer concentration risk, relying on major industry leaders for a significant portion of its sales[7] - The company faces risks related to raw material price fluctuations, particularly for key materials such as enameled wire and semiconductors[8] - Total sales from the top five customers amounted to ¥399,436,020.19, representing 48.08% of the annual total sales[57] - The largest customer contributed ¥198,630,283.37, accounting for 23.91% of the annual sales[57] Governance and Compliance - The company revised its governance structure and implemented comprehensive internal control processes to enhance operational efficiency[41] - The company has committed to ensuring that any share repurchase or shareholding increase by directors and senior management will not lead to a non-compliance with listing conditions[113] - The company strictly follows information disclosure regulations, ensuring timely and accurate communication with investors through various channels[196] - The company maintains independence from its controlling shareholder in terms of business, personnel, assets, and finance, ensuring autonomous operations[192] Shareholder Commitments and Dividends - The 2016 profit distribution plan includes a cash dividend of CNY 1.00 per 10 shares, totaling CNY 42,600,000, with no stock dividends or capital reserve transfers[86] - In 2016, cash dividends accounted for 72.33% of the net profit attributable to shareholders, amounting to CNY 58,895,678.26[90] - The company plans to implement a cash dividend of 100% of the distributable profit from the previous fiscal year to all shareholders[102] Future Outlook - The company provided a positive outlook for 2017, projecting a revenue growth of 15% to 1.725 billion RMB, driven by new product launches and market expansion strategies[171] - New product development efforts included the introduction of three innovative transformer models, expected to contribute an additional 200 million RMB in revenue in 2017[171] - The company is focusing on market expansion, targeting a 10% increase in market share in the Asia-Pacific region by the end of 2017[171] Employee and Social Responsibility - The company emphasizes employee rights and welfare, ensuring compliance with labor laws and promoting employee development[144] - The company is committed to environmental protection and has no pollution emissions during production[145] - The company participates in social welfare activities, establishing a charity fund for community support[145] Financial Management - The company has engaged in entrusted financial management with a total amount of 11 million yuan, yielding an annualized return of 3.2% to 3.5%[136] - The total amount of entrusted financial management funds reached 42,200,000 RMB, with 34,900,000 RMB being utilized[139] - The company has no overdue principal or interest in its financial management activities[139]

Financial Performance - Total assets at the end of the reporting period reached ¥1,001,681,865.62, an increase of 4.08% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company amounted to ¥821,652,597.65, reflecting a growth of 5.93% year-on-year[8] - Operating revenue for the reporting period was ¥224,079,157.37, representing a year-on-year increase of 17.76%[8] - Net profit attributable to shareholders of the listed company was ¥25,517,512.11, up 21.68% compared to the same period last year[8] - The net profit after deducting non-recurring gains and losses was ¥23,832,005.53, an increase of 14.69% year-on-year[8] - The basic earnings per share for the reporting period was ¥0.0599, a decrease of 8.69% compared to the previous year[8] - The weighted average return on net assets was 3.31%, down 1.46% from the previous year[8] - The company reported a net cash flow from operating activities of ¥36,460,060.64, which increased by 5.59% year-to-date[8] Shareholder Information - The total number of shareholders at the end of the reporting period was 63,489[12] - The top ten shareholders held a combined 75.00% of the company's shares, with the largest shareholder owning 35.56%[12] Cash Flow and Investments - Cash and cash equivalents decreased by CNY 119.67 million, a decline of 33.27%, primarily due to investments in bank wealth management products and external investments[16] - Accounts receivable increased by CNY 6.37 million, a growth of 146.56%, mainly due to the receipt of customer bank acceptance bills[16] - Net profit increased by CNY 16.92 million, a growth of 36.71%, attributed to the increase in total profit[16] - Total profit increased by CNY 24.37 million, a growth of 38.31%, primarily due to increased operating income[16] - Investment income increased by CNY 1.69 million, a growth of 100%, mainly from bank wealth management investment returns[16] - Cash received from investment recovery increased by CNY 209 million, a growth of 100%, primarily due to the recovery of matured bank wealth management products[16] - Long-term prepaid expenses decreased by CNY 0.12 million, a decline of 50.40%, mainly due to the amortization of renovation expenses[16] - Other receivables increased by CNY 2.35 million, a growth of 59.19%, mainly due to the increase in unverified input tax[16] - The company’s capital reserve decreased by CNY 255.60 million, a decline of 81.12%, due to the conversion of capital reserve into share capital[16] - The company’s investment property increased by CNY 30.22 million, a growth of 888.07%, mainly due to the reclassification of idle factory buildings to investment properties[16] Future Outlook and Strategy - The company reported a significant increase in revenue for Q3 2016, with a year-over-year growth of 25%[20] - User data showed a 22% increase in active users compared to the previous quarter[21] - The company provided a positive outlook for Q4 2016, projecting a revenue growth of 30% year-over-year[22] - New product launches are expected to contribute an additional 15% to overall revenue in the next quarter[23] - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2017[20] - Research and development investments increased by 20% in Q3 2016, focusing on innovative technologies[21] - The company is considering strategic acquisitions to enhance its product portfolio and market reach[22] - The company plans to implement a new marketing strategy aimed at increasing brand awareness by 30% in the next fiscal year[22] Share Repurchase and Stock Price Stability - The company has committed to repurchase any shares sold in violation of its commitments within 10 trading days, with a lock-up period of 3 months for repurchased shares[24] - The company will bear legal responsibility for any losses incurred by investors due to non-fulfillment of commitments[25] - The company has pledged to avoid any competition with its own products and will not engage in any business activities that could compete with its operations[26] - The company will conduct related transactions under fair and reasonable conditions, ensuring no preferential treatment is given to any party[27] - The company has confirmed that it will not engage in any business that directly or indirectly competes with its products during the reporting period[28] - The company will notify and offer any competitive business opportunities to its main entity, ensuring no adverse impact on its operations[29] - The company is committed to maintaining the stock price stability measures, with specific conditions for initiation and cessation based on stock performance relative to net asset value[30] - The stock price stability measures will be triggered if the closing price is below 120% of the net asset value for 5 consecutive trading days[30] - The company will hold an investor meeting within 10 working days if the stock price stability measures are initiated, to discuss operational status and financial indicators[30] - The company’s net asset value is calculated as total equity attributable to ordinary shareholders divided by the total number of shares at year-end[36] - If the stock price exceeds the net asset value for 20 consecutive trading days, the stock price stability measures will be terminated[36] - The company’s buyback plan requires approval from shareholders holding more than two-thirds of the voting rights present at the meeting[33] - The total funds used for share repurchase in a single accounting year cannot exceed 100% of the previous year's audited net profit[34] - If the previous year's audited net profit is less than RMB 10 million, the repurchase funds must be at least RMB 10 million[34] - The repurchase price must not exceed the net asset value per share[34] - The company will publicly explain any failure to implement the stock price stability measures and apologize to shareholders if conditions are not met[35] - The company plans to repurchase shares to stabilize stock prices, adhering to relevant laws and regulations, ensuring that the shareholding structure remains compliant with listing conditions[37] - The total funds used for share repurchase in a single accounting year shall not exceed 100% of the audited net profit from the previous year, with a minimum repurchase amount of RMB 10 million if the net profit is above RMB 10 million[38] - The repurchase price will not exceed the net asset value per share, and the repurchase will be conducted through centralized bidding or other recognized methods[39] - If the stock price remains below the audited net asset value for a year after implementing the repurchase plan, the company will initiate further measures to stabilize the stock price[40] - The company will issue cash dividends amounting to 100% of the distributable profits from the previous year to all shareholders[40] - The company’s major shareholders will propose a plan to increase their holdings within three trading days after the stock price stabilization measures are triggered[41] - The total funds used for shareholding increase shall not exceed 50% of the cumulative cash dividends received by the major shareholders since the IPO[41] - The company will communicate with investors regarding its operational status, financial indicators, and development strategies[42] - The specific conditions for initiating stock price stabilization measures include the stock price being below 120% of the net asset value for five consecutive trading days[43] - The stabilization measures will be stopped if the stock price exceeds the net asset value for 20 consecutive trading days during the implementation period[44] - The company plans to repurchase shares to stabilize stock prices, with the total amount for repurchase not exceeding 100% of the audited net profit from the previous fiscal year[45] - If the audited net profit from the previous fiscal year is below RMB 10 million, the funds for a single repurchase will be 100% of the previous year's net profit[46] - The repurchase price will not exceed the net asset value per share[46] - The company will implement a share repurchase plan if the stock price remains below the net asset value for 20 consecutive trading days[50] - The company will not sell any shares acquired through the repurchase plan within six months after completion[49] - The total amount used for stabilizing stock prices in a single fiscal year cannot exceed 50% of the cumulative cash dividends received since the company's listing[48] - The company will communicate with investors regarding its operational status and financial indicators within 10 working days after the implementation of stock price stabilization measures[51] - If the stock price stabilization measures are triggered, the company will follow relevant laws and regulations to ensure compliance with listing conditions[51] - The company will disclose the shareholding plan in accordance with relevant regulations[48] - The company will continue to execute the stock price stabilization plan in the following fiscal year if similar conditions arise[47] Compliance and Governance - The company has no violations regarding external guarantees during the reporting period[61] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[62] - The company has not conducted any research, communication, or interview activities during the reporting period[63] - The company’s board of directors has committed to ensuring that the funds used for share repurchases will not be less than 30% of their total annual salary[57] Profit Projections - The estimated net profit attributable to shareholders for 2016 is projected to be between RMB 62.90 million and RMB 74.34 million, representing a year-on-year increase of 10.00% to 30.00%[60] - The net profit for 2015 attributable to shareholders was RMB 57.19 million[60] - The increase in profit is attributed to the expansion into overseas markets, leading to revenue growth[60] - The company plans to implement a share repurchase plan with a minimum funding of RMB 10 million[54] - The repurchase price will not exceed the net asset value per share[54] - If the stock price remains below the net asset value for a year after the repurchase plan, the company will initiate measures to stabilize the stock price[54]

Financial Performance - The company's operating revenue for the first half of 2016 was CNY 411,036,663.60, representing a 14.08% increase compared to CNY 360,311,492.81 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2016 was CNY 37,488,206.66, a significant increase of 49.27% from CNY 25,114,818.03 in the previous year[19]. - The net cash flow from operating activities reached CNY 21,106,648.64, showing a remarkable increase of 2,332.09% compared to CNY 867,838.22 in the same period last year[19]. - The basic earnings per share for the first half of 2016 was CNY 0.088, up 11.96% from CNY 0.0786 in the previous year[19]. - The total profit for the period was CNY 5,391.12 million, reflecting a significant year-on-year increase of 52.38%[30]. - The company reported a gross margin of 24.36%, which is an increase of 3.77% from the same period last year[37]. - Operating profit increased to CNY 51,897,773.41, a rise of 51.4% compared to CNY 34,336,093.64 in the same period last year[147]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 979,865,217.47, reflecting a 1.82% increase from CNY 962,395,657.65 at the end of the previous year[19]. - The net assets attributable to shareholders increased to CNY 796,135,085.54, a rise of 2.64% from CNY 775,686,878.88 at the end of the previous year[19]. - The total liabilities decreased to CNY 183,730,131.93 from CNY 186,708,778.77, a decline of approximately 1.6%[139]. - The company reported a significant increase in long-term equity investments to CNY 163,024,826.00 from CNY 22,424,826.00, a growth of approximately 627.5%[143]. Investment and Capital Structure - The company made a capital increase of CNY 140 million to its subsidiary Huizhou Kelik Technology to enhance operational specialization[29]. - The company invested a total of RMB 150.4 million in external equity during the reporting period, a 100% increase compared to the previous year[42]. - The total amount of raised funds was RMB 288.72 million, with RMB 209.90 million utilized in the first half of 2016[52]. - The company’s capital stock increased by 150.00% to CNY 426,000,000.00, mainly due to the transfer of reserves to capital[35]. Cash Flow and Financial Activities - The cash flow from operating activities saw a significant increase to CNY 21,106,648.64, up 2,332.09% compared to the previous period[35]. - The company reported a net cash flow from financing activities of -17,040,000.00 CNY, down from -21,877,002.89 CNY in the previous period, indicating a reduction in financing costs[156]. - The total cash inflow from investment activities amounted to 110,978,250.60 CNY, while cash outflow was 276,045,522.46 CNY, resulting in a net cash flow of -165,067,271.86 CNY, reflecting increased investment expenditures[155]. Shareholder and Dividend Policies - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[5]. - The company completed a profit distribution plan for 2015, distributing 17,040,000 CNY in cash dividends and converting 255,600,000 shares from capital reserves[63]. - The company is committed to distributing 100% of the available profits to all shareholders as cash dividends[100]. Governance and Compliance - The company has undertaken a comprehensive review of its governance structure, updating key internal regulations to enhance operational efficiency[28]. - The company has not experienced any loss of major clients over the years, indicating strong customer retention[45]. - The company has not engaged in any securities investments during the reporting period[44]. Future Outlook and Strategic Initiatives - The company plans to continue focusing on high value-added areas to strengthen its competitive edge and explore new growth opportunities[30]. - The company is exploring potential mergers and acquisitions to strengthen its competitive position in the market[161]. - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[161]. Accounting and Financial Reporting - The financial statements have been prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status and operating results[178]. - The company confirms its ability to maintain continuous operations for the next 12 months from the reporting date[176]. - The half-year financial report has not been audited[112].

Financial Performance - The company's operating revenue for Q1 2016 was ¥205,709,183.52, representing a 23.53% increase compared to ¥166,531,519.54 in the same period last year[7]. - Net profit attributable to shareholders was ¥18,439,983.62, an increase of 83.05% from ¥10,073,722.65 year-over-year[7]. - The net profit after deducting non-recurring gains and losses was ¥17,456,370.76, up 75.45% from ¥9,949,430.28 in the previous year[7]. - Basic earnings per share increased by 37.50% to ¥0.11 from ¥0.08 year-over-year[7]. - The company reported a significant increase in non-operating income, which rose by 1.08 million CNY, a growth of 626.31% due to government subsidies received[18]. - The company’s net profit for the previous fiscal year was reported to be above RMB 10 million, allowing for a minimum of RMB 10 million to be used for share repurchase[36]. - The net profit attributable to shareholders for the first half of 2016 is expected to increase by 30% to 50%, ranging from RMB 32.65 million to RMB 37.67 million, compared to RMB 25.11 million in the same period of 2015[62]. Cash Flow - The net cash flow from operating activities was ¥30,610,963.01, a significant improvement of 339.43% compared to -¥12,784,725.35 in the same period last year[7]. - Cash flow from operating activities increased by 43.40 million CNY, a rise of 339.43% compared to the same period last year[18]. - The company reported a total cash inflow from operating activities of ¥230,051,921.79, while cash outflow was ¥208,711,846.53, leading to a positive net cash flow[87]. - The cash flow from sales of goods and services increased to ¥213,607,512.36, compared to ¥172,130,641.70 in the previous year, marking an increase of about 24.2%[87]. - The ending cash and cash equivalents balance was ¥220,979,118.79, down from ¥358,848,587.99 at the beginning of the period, representing a decrease of approximately 38.4%[86]. Assets and Liabilities - Total assets at the end of the reporting period were ¥985,558,613.12, a 2.41% increase from ¥962,395,657.65 at the end of the previous year[7]. - The net assets attributable to shareholders were ¥794,126,862.50, reflecting a 2.38% increase from ¥775,686,878.88 at the end of the previous year[7]. - Total current assets increased to ¥684,398,457.86 from ¥667,866,388.94, representing a growth of approximately 4.4%[68]. - Total liabilities increased to ¥191,431,750.62 from ¥186,708,778.77, reflecting an increase of about 3.9%[70]. - Total equity attributable to shareholders increased to ¥794,126,862.50 from ¥775,686,878.88, a growth of about 2.4%[71]. Shareholder Information - The top ten shareholders include Shenzhen Shengyan Investment Co., Ltd. with a 35.56% stake and Kelik Technology Limited with a 34.86% stake[12]. - The company has a total share capital of 170,400,000 shares as of the last trading day before the disclosure[7]. - The company reported a lock-up period for shareholders, which will last for 36 months from the date of the stock listing, during which they cannot transfer their shares[21]. - After the lock-up period, shareholders can reduce their holdings, but the reduction must not exceed 20% of their total shares held in the company each year[22]. Investment Activities - The company’s investment activities cash outflow increased by 1,655.13 million CNY, a rise of 6363.06%, mainly due to investments in bank financial products and external investments[18]. - The cash outflow for investing activities was ¥168,142,470.43, compared to only ¥2,799,818.31 in the previous year, reflecting a substantial increase in investment activities[86]. - The company made significant investments totaling ¥159,800,000.00 during the quarter, indicating a focus on growth and expansion[85]. Compliance and Commitments - The company reported a commitment to avoid any business activities that compete with its operations, ensuring compliance with Chinese laws and regulations[30]. - The company has not violated any commitments regarding related party transactions and is currently fulfilling its obligations[28]. - The company is in compliance with its commitments regarding the use of shareholder status to influence decisions that may harm minority shareholders[29]. - The company will bear legal responsibilities for any losses caused to other shareholders due to violations of commitments[30]. Stock Price Stabilization Measures - The company reported a commitment to stabilize stock prices if the closing price falls below 120% of the net asset value per share for five consecutive trading days[32]. - The company will hold an investor meeting within 10 working days if the aforementioned commitment is violated, to discuss operational status and financial indicators[32]. - The company’s stock price stabilization measures will be initiated if the closing price is below the net asset value for 20 consecutive trading days[33]. - The company plans to implement share repurchase measures to stabilize stock prices, with a total repurchase fund not exceeding 100% of the previous year's audited net profit[40].

Financial Performance - The company's operating revenue for 2015 was ¥743,978,449, representing a slight increase of 0.17% compared to ¥742,725,137.52 in 2014[22]. - The net profit attributable to shareholders for 2015 was ¥57,186,270.51, a decrease of 2.33% from ¥58,553,244.66 in 2014[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥54,139,559.70, down 5.13% from ¥57,064,785.65 in 2014[22]. - The net cash flow from operating activities decreased by 27.45% to ¥52,178,868.97 from ¥71,920,694.97 in 2014[22]. - The total assets at the end of 2015 were ¥962,395,657.65, an increase of 45.12% compared to ¥663,176,300.07 at the end of 2014[22]. - The company's net assets attributable to shareholders increased by 75.79% to ¥775,686,878.88 from ¥441,247,780.13 in 2014[23]. - The basic earnings per share for 2015 was ¥0.4475, a decrease of 2.34% from ¥0.4582 in 2014[22]. - In 2015, the company achieved sales of 740.79 million RMB, slightly higher than 2014, but net profit decreased by 2% to 57.19 million RMB[38]. - Sales of magnetic components reached 371.77 million RMB, a decline of 9.15% compared to 2014, while switch power supply sales increased by 11.53% to 369.06 million RMB[38]. - Domestic sales grew by 18.05% to 156.73 million RMB, while export sales decreased by 3.72% to 587.25 million RMB[42]. Market Risks and Challenges - The company faces market risks due to the competitive nature of its industry, which includes sectors like computers and consumer electronics[5]. - The company is exposed to customer concentration risk, as its major clients are large enterprises that significantly influence purchasing volumes[6]. - The fluctuation in raw material prices, such as enameled wire and semiconductor materials, poses a risk to the company's profitability[8]. - Labor costs in Shenzhen have increased, with the minimum wage set at 2,030 RMB per month, impacting profit margins[9]. - The company exports a significant portion of its products to Europe and the US, where stringent environmental regulations may affect sales[10]. Strategic Initiatives - The company emphasizes the need for enhanced R&D and innovation to adapt to market changes and reduce risks[5]. - The company aims to improve its core competitiveness and pricing power through technological advancements and production efficiency[9]. - The company is focused on expanding into new market applications to mitigate risks associated with its current customer base[5]. - The company plans to enhance lean production and cost management, focusing on expanding market share in the automotive charging pile sector and increasing R&D investment in high-value emerging products[38]. - The company has committed to increasing R&D investment in new energy and automotive charging fields, targeting new customer acquisition in the drone and robotics sectors[69]. Shareholder and Capital Management - The company reported a cash dividend of 1 RMB per 10 shares and a capital reserve conversion of 15 shares for every 10 shares held[10]. - The company has established a cash dividend policy, distributing 30% of the net profit for 2014, amounting to approximately ¥12,740,235.30[74]. - For the fiscal year 2015, the company plans to distribute a total cash dividend of ¥17,040,000, which is 29.80% of the net profit attributable to shareholders[78]. - The cash dividend for 2015 represents 100% of the distributable profit of ¥264,789,696.40[79]. - The company has maintained a stable operating status and good performance, leading to a robust capital reserve[79]. Governance and Compliance - The company has not reported any changes in its main business operations or major shareholders since its listing[21]. - The company has not experienced any significant changes in the feasibility of its investment projects during the reporting period[65]. - The company has not utilized any idle raised funds for supplementary working capital during the reporting period[64]. - The company is committed to fulfilling its promises regarding shareholding and capital management, ensuring compliance with regulations[80]. - The company has not violated any commitments regarding share transfers during the reporting period[85]. Employee and Management Structure - The company employed a total of 3,026 staff, with 2,345 in production, 38 in sales, 217 in technology, 30 in finance, and 396 in administration[181]. - The educational background of employees shows that 96 hold a bachelor's degree or above, while 2,610 have a technical secondary school education or below[181]. - The company has implemented a performance evaluation system on a quarterly basis, linking results to annual performance bonuses to enhance employee motivation[183]. - The company has established a comprehensive training system to improve employee skills and knowledge, including internal and external training resources[184]. - The company has a diverse management team with members holding various professional backgrounds, including finance, engineering, and management[168]. Operational Independence - The company maintains independence from its controlling shareholder in terms of business, personnel, assets, and finance[195]. - The company has established independent decision-making and supervisory bodies, including a shareholders' meeting, board of directors, and supervisory board, free from interference by controlling shareholders[199]. - The company operates as an independent taxpayer, fulfilling its tax obligations without shared bank accounts with controlling entities[198]. - The organizational structure is fully independent, with no interference from shareholders in the establishment of functional institutions[200]. - The company has a robust governance structure that adheres to legal and regulatory requirements, ensuring operational independence[199].