证券代码：002815 证券简称：崇达技术 公告编号：2019-063 崇达技术股份有限公司 关于参加 2019 年深圳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。 为进一步加强与投资者的互动交流工作，崇达技术股份有限公司（以下简称 "公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办的"改 革创新发展 沟通互信共赢"——深圳辖区上市公司 2019 年度投资者网上集体接 待日主题活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为 2019 年 9 月 3 日 14:00 至 18:00。 届时公司董事、副总经理、董事会秘书余忠先生和证券事务代表曹茜茜女士 将通过网络文字交流形式与投资者进行沟通。欢迎广大投资者积极参与。 特此公告。 崇达技术股份有限公司 董 事 会 二零一九年八月二十九日 ...

Financial Performance - The company's operating revenue for the first half of 2019 was approximately CNY 1.85 billion, representing a 2.02% increase compared to the same period last year[23]. - The net profit attributable to shareholders of the listed company was approximately CNY 264.88 million, a decrease of 5.56% year-on-year[23]. - The net cash flow from operating activities increased by 28.89% to approximately CNY 429.55 million[23]. - The total assets at the end of the reporting period were approximately CNY 5.06 billion, reflecting a 1.94% increase from the end of the previous year[23]. - The net assets attributable to shareholders of the listed company were approximately CNY 2.92 billion, a slight increase of 0.54% compared to the end of the previous year[23]. - The basic earnings per share decreased by 5.88% to CNY 0.32[23]. - The weighted average return on net assets was 8.96%, down from 10.77% in the previous year[23]. - The company reported a decrease in other business income by 22.68%, down to RMB 60,001,484.85 from RMB 77,598,403.84, reflecting a shift in revenue sources[42]. - The gross profit margin for the printed circuit board segment was 29.51%, a decrease of 0.61% compared to the previous year[44]. - The company’s total investment during the reporting period was RMB 484,758,490, a substantial increase of 384.76% compared to RMB 100,000,000 in the same period last year[51]. Research and Development - The company’s R&D expenditure increased by 38.99% year-on-year, exceeding the growth rates of both sales revenue and net profit[37]. - Research and development expenses increased by 38.99% to RMB 107,694,388.85 from RMB 77,483,545.13, indicating a significant investment in innovation[41]. - The company has a total of 1,098 patent applications, including 684 invention patents, maintaining a leading position in the industry[34]. Sales and Market Performance - The sales area of large batch orders (over 20 square meters) accounted for 68.76% of total sales in the first half of 2019[38]. - The company’s high-frequency and high-speed board sales grew by 200.12% year-on-year, while the FPC segment achieved sales revenue of 582 million yuan, up 18.39% year-on-year, with a net profit of 76 million yuan, up 52.68% year-on-year[34]. - Domestic sales accounted for 29.05% of total sales revenue, an increase of 3.81% year-on-year, with domestic sales amounting to a year-on-year increase of 18.70%[37]. - The company has established stable business relationships with over 1,000 clients across more than 50 countries, including major clients in the 5G sector[34]. Investments and Acquisitions - The company’s long-term equity investments increased by 89.75% compared to the beginning of the year, primarily due to the acquisition of Sande Crown and Puno Wei[32]. - The company plans to invest 1 billion yuan in the first phase of the Zhuhai Chuangda Industrial Park project, which aims to produce 6.4 million square meters of PCBs annually[39]. - The acquisition of 40% equity in Puno Wei for RMB 94.76 million has been completed[53]. - The company plans to acquire an additional 20% stake in Shenzhen Sande Crown Precision Circuit Technology Co., Ltd. for a total of RMB 180 million, increasing its ownership to 40%[121]. Financial Management - The company has not engaged in any securities or derivative investments during the reporting period[55][56]. - The company has not changed the use of raised funds, with no funds transferred to other purposes[58]. - The remaining balance of raised funds is RMB 430.79 million, which will continue to be used for investment project expenditures[58]. - The company raised a net amount of RMB 789,840,000 from the issuance of convertible bonds, which will be used for headquarters operations, R&D center projects, and working capital[64]. - The company reported a current ratio of 133.37% and a quick ratio of 112.80%, both showing a decrease compared to the previous year[167]. - The total debt ratio increased slightly to 42.20% from 41.40% year-over-year[167]. - The company’s EBITDA interest coverage ratio improved to 19.55 from 18.34, indicating stronger earnings relative to interest expenses[167]. Environmental Responsibility - The company is classified as a key pollutant discharge unit by environmental protection authorities[109]. - Total nickel emissions were recorded at 13.47 kg, with a discharge concentration of 0.07 mg/L[109]. - Total copper emissions were recorded at 12.11 kg, adhering to GB21900-2008 standards[109]. - The company has established a wastewater treatment plant in Shenzhen with a design capacity of 3,000 m³/d, ensuring compliance with discharge standards after treatment[112]. - The company has implemented an online monitoring system for wastewater discharge, including parameters such as pH, chemical oxygen demand, and total copper, which is connected to local environmental platforms[113]. - The company has received environmental impact assessments and approvals for various construction projects, demonstrating compliance with environmental regulations[115][116][117]. Corporate Governance - The company has no significant litigation or arbitration matters during the reporting period[82]. - The company maintains a good integrity status with no unfulfilled court judgments or significant overdue debts[85]. - The company has not reported any significant losses from leasing activities that would impact overall profitability[100]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[147]. - The total number of ordinary shareholders at the end of the reporting period was 28,884, with 10 shareholders holding more than 5% of the shares[139].

Revenue and Profit - The company's revenue for Q1 2019 was ¥905,616,467.26, representing a 3.33% increase compared to ¥876,442,215.54 in the same period last year[8] - Net profit attributable to shareholders decreased by 3.42% to ¥123,625,608.92 from ¥128,003,587.06 year-on-year[8] - Basic and diluted earnings per share fell by 4.74% to ¥0.1487 from ¥0.1561 in the same period last year[8] - Net profit for Q1 2019 was CNY 123,625,608.92, a decrease of 3.0% from CNY 128,003,587.06 in the previous year[49] - The total comprehensive income for the current period is -¥3,343,244.02, compared to -¥11,517,020.42 in the previous period[58] Cash Flow - The net cash flow from operating activities significantly increased by 95.99% to ¥272,070,861.98 compared to ¥138,816,727.89 in the previous year[8] - Cash flow from operating activities generated a net amount of ¥272,070,861.98, significantly higher than ¥138,816,727.89 in the previous period[61] - The total cash inflow from operating activities is ¥1,056,307,962.94, up from ¥880,984,727.64 in the previous period[61] - The net cash flow from operating activities for the first quarter was 35,226,673.57 CNY, a significant improvement compared to -792,984,500.49 CNY in the previous period[66] - The company reported a total cash outflow from operating activities of 27,776,960.19 CNY, compared to 833,987,097.72 CNY in the previous period[66] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,187,981,921.92, a 4.61% increase from ¥4,959,588,267.56 at the end of the previous year[8] - Total liabilities increased to CNY 2,148,653,388.75 from CNY 2,053,206,536.76, marking an increase of approximately 4.6%[37] - The company's equity attributable to shareholders rose to CNY 3,039,328,533.17 from CNY 2,906,381,730.80, reflecting an increase of about 4.6%[39] - Total assets as of Q1 2019 were CNY 2,732,859,232.29, up from CNY 2,666,941,951.03, representing a growth of 2.5%[46] - Total liabilities increased to CNY 1,001,518,494.90 from CNY 941,579,163.07, marking a rise of 6.4%[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,285[10] - The largest shareholder, Jiang Xuefei, holds 59.68% of the shares, totaling 497,327,620 shares[11] - Net assets attributable to shareholders increased by 4.57% to ¥3,039,328,533.17 from ¥2,906,381,730.80 year-on-year[8] Expenses and Investments - Management expenses increased by 31% to ¥53,962,153.68, primarily due to the accrual of restricted stock incentive expenses[18] - R&D expenses grew by 32% to ¥49,265,785.69, indicating an increase in research and development investment[18] - Investment income surged by 320% to ¥17,678,004.72, driven by recognized investment income from associated companies[18] - Research and development expenses for Q1 2019 amounted to CNY 49,265,785.69, compared to CNY 37,380,278.48, indicating a significant increase of 31.8% year-over-year[47] Government Subsidies and Other Income - The company received government subsidies amounting to ¥4,729,110.79 during the reporting period[8] - Other income decreased by 52% to ¥4,729,110.79, mainly due to a reduction in government subsidies received[18] Cash and Cash Equivalents - Cash and cash equivalents increased by 43% to ¥747,162,332.83 due to growth in customer payments received[18] - The cash and cash equivalents increased to CNY 747,162,332.83 from CNY 522,880,294.55, representing a significant rise of about 42.9%[33] - The ending balance of cash and cash equivalents was 117,560,438.44 CNY, up from 9,279,116.57 CNY at the end of the previous period[68] Borrowings and Financial Activities - Short-term borrowings doubled to ¥287,862,043.77, reflecting an increase in bank short-term loans[18] - The total cash inflow from financing activities was 14,873,040.00 CNY, with no cash outflows reported for this period[68] - The company did not incur any debt repayment or dividend payments during the first quarter[68]

Financial Performance - The company's operating revenue for 2018 was ¥3,656,090,736.88, representing a 17.84% increase compared to ¥3,102,644,639.42 in 2017[22] - The net profit attributable to shareholders for 2018 was ¥560,569,557.30, a 26.28% increase from ¥443,903,084.29 in 2017[22] - The net cash flow from operating activities reached ¥895,948,955.99, up 27.84% from ¥700,862,714.08 in the previous year[22] - The basic earnings per share for 2018 was ¥0.6792, reflecting a 25.48% increase from ¥0.5413 in 2017[22] - The total assets at the end of 2018 were ¥4,959,588,267.56, a slight increase of 0.33% from ¥4,943,075,389.96 at the end of 2017[22] - The net assets attributable to shareholders increased by 15.11% to ¥2,906,381,730.80 from ¥2,524,833,282.30 in 2017[22] - The weighted average return on net assets for 2018 was 20.99%, slightly up from 20.26% in 2017[22] Cash Flow and Investments - The company reported a net increase in cash and cash equivalents of CNY -860,380,016.58, a decline of 169.35% from the previous year[71] - Investment cash inflow surged by 332.39% to CNY 1,867,973,876.72, primarily due to the redemption of financial products[73] - Total investment for the reporting period was CNY 480,000,000.00, a substantial increase of 380.00% compared to the previous year[77] - The company acquired a 20% stake in San De Guan for CNY 180,000,000.00, enhancing its investment portfolio[77] - The company has committed to invest RMB 153,770 million in various projects, with RMB 46,858.08 million utilized by the reporting period[84] Research and Development - The company holds a total of 1,058 patent applications, including 644 invention patents, indicating a strong focus on R&D[36] - In 2018, the company's R&D expenses increased by 29.12%, outpacing the growth of sales revenue and net profit[40] - R&D investment amounted to ¥169,851,559.09 in 2018, an increase of 29.12% compared to ¥131,548,417.23 in 2017[70] - The company has developed several core technologies, including high-voltage PCB modules and thick copper PCB design techniques, all of which are now in mass production[62][64] - The company is focusing on new product development in high-frequency and high-speed materials, aiming for mass production of high-end products to break through foreign technology monopolies[68] Market Position and Sales - The company ranked 32nd among the top 100 global PCB companies, improving by 7 positions from 2017[32] - The company’s products are exported to over 50 countries, with more than 70% of products sold overseas[31] - The company’s sales area for large batch orders (over 20 square meters) accounted for 70% of new order amounts in 2018[35] - The main business revenue from PCB was approximately 3.51 billion RMB, accounting for 96.18% of total revenue, with a growth of 17.46% year-on-year[48] Dividend Policy - The company plans to distribute a cash dividend of ¥3.40 per 10 shares (including tax) to all shareholders[6] - The total cash dividend amount for 2018 is yet to be finalized pending the approval of the distribution plan[112] - The company has a distributable profit of RMB 285,980,350.89 for the current period, with a minimum cash dividend ratio of 20% during profit distribution[112] - The cash dividend for 2017 was 49.88% of the net profit attributable to ordinary shareholders, while for 2016 it was 49.10%[110] Environmental and Social Responsibility - The company has reported total emissions of 14.70 kg for total nickel and 19.29 kg for total copper, adhering to local pollution discharge standards[175] - The company has implemented a plan to increase its poverty alleviation efforts by establishing partnerships with qualified schools[174] - The company plans to support 353 impoverished students in 2019 with a total funding of approximately 1 million RMB[173] - The company has established emergency response plans for environmental incidents, which have been filed with local environmental authorities[186] Corporate Governance and Compliance - The company guarantees that its IPO prospectus does not contain false records or misleading statements, and it will compensate investors for any losses incurred due to such issues[121] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[126] - The company has retained Ruihua Certified Public Accountants for 7 consecutive years, with an audit fee of 750,000 yuan for the current period[133] - The company has not faced any situations that could lead to suspension or termination of listing during the reporting period[134] Share Capital and Structure - As of the report period, the total number of shares increased to 831,240,858, with 9,754,000 new shares issued[198] - The company’s convertible bonds began conversion on June 21, 2018, with a total of 1,486,858 shares converted by the end of the reporting period[198] - The company completed the registration of 9.754 million restricted stock grants under the 2018 incentive plan[198] - The total number of unrestricted shares increased to 218,540,898, representing 26.29% of total shares[198]

Financial Performance - The company's operating revenue for 2018 was CNY 3,656,090,736.88, representing a 17.84% increase compared to CNY 3,102,644,639.42 in 2017[22] - The net profit attributable to shareholders of the listed company was CNY 560,569,557.30, an increase of 26.28% from CNY 443,903,084.29 in the previous year[22] - The net cash flow from operating activities reached CNY 895,948,955.99, up 27.84% from CNY 700,862,714.08 in 2017[22] - The basic earnings per share decreased by 26.77% to CNY 0.7929 from CNY 1.0827 in 2017[22] - Total assets at the end of 2018 were CNY 4,959,588,267.56, a slight increase of 0.33% from CNY 4,943,075,389.96 at the end of 2017[22] - The net assets attributable to shareholders of the listed company increased by 15.11% to CNY 2,906,381,730.80 from CNY 2,524,833,282.30 in 2017[22] - The weighted average return on net assets was 20.99%, slightly up from 20.26% in the previous year[22] Cash Dividend and Profit Distribution - The company plans to distribute a cash dividend of CNY 3.40 per 10 shares (including tax) to all shareholders[6] - The total cash dividend amount for 2018 is yet to be finalized pending the implementation of the distribution plan[110] - The company has a distributable profit of RMB 285,980,350.89 for the current period, with a minimum cash dividend ratio of 20% during profit distribution[113] - The profit distribution plan is subject to approval at the 2018 annual general meeting, indicating potential uncertainty[110] - The cash dividend for 2017 was 49.88% of the net profit attributable to ordinary shareholders, while for 2016 it was 49.10%[111] Research and Development - R&D expenses increased by 29.12% in 2018, outpacing the growth of both sales revenue and net profit[41] - The company holds a total of 1,058 patent applications, including 644 invention patents, positioning it as a leader in the PCB industry[37] - The company has developed multiple proprietary technologies for PCB products, all of which are in mass production[63] - R&D investment increased by 29.12% to ¥169,851,559.09 in 2018, accounting for 4.65% of operating revenue[71] - The number of R&D personnel decreased by 5.08% to 505, representing 12.12% of the total workforce[71] Market Position and Growth - The company ranked 32nd among the top 100 global PCB companies, improving by 7 positions from 2017[33] - The company has established stable business relationships with over 1,000 clients across more than 50 countries, indicating significant growth potential[36] - The sales area of large batch orders (over 20 square meters) accounted for 70% of new order amounts in 2018[36] - In 2018, the global PCB market reached a total output value of $62.396 billion, a year-on-year increase of 6% compared to 2017[96] - The PCB market in mainland China achieved an output value of $32.702 billion in 2018, growing by 10% year-on-year, accounting for 52.4% of the global PCB market[96] Environmental and Social Responsibility - The company has reported no exceedances in pollutant emissions for key pollutants such as total nickel and total copper[176] - The company is committed to enhancing its corporate social responsibility initiatives, particularly in education and employment for impoverished communities[175] - The company plans to support 353 impoverished students in 2019 with a total funding of approximately 1 million RMB[174] - The company has established a "Chongda Vocational Education Scholarship" to assist impoverished students and provide more job opportunities[175] - The company actively participates in poverty alleviation efforts in regions with high poverty populations, including Jiangxi, Hunan, Hubei, and Guizhou[174] Investment and Financing - The company plans to invest RMB 1 billion in the first phase of a new PCB project in Zhuhai, which is expected to produce 6.4 million square meters annually[45] - Investment cash inflow surged by 332.39% to ¥1,867,973,876.72 in 2018, primarily due to the redemption of financial products[74] - The total amount of funds raised through the initial public offering (IPO) was RMB 74,786 million, with a net amount of RMB 74,786 million after deducting issuance costs of RMB 6,764 million[81] - The company has committed to invest RMB 74,786 million in the small-batch PCB production base (Phase II), with a progress rate of 101.57% as of the reporting period[85] - The company has not experienced any significant changes in project feasibility or expected benefits[85] Risk Management - The company has outlined potential risks and countermeasures in its future development outlook section[6] - The company has taken measures to mitigate exchange rate risks, including using USD loans and increasing imports paid in USD[100] - The company has a significant rental risk associated with its Shenzhen factory, which is set to expire in April 2025, but has acquired land for future development[101] Corporate Governance - The company has not experienced any major accounting errors requiring retrospective restatement during the reporting period[132] - The company has maintained a good integrity status, with no significant debts or court judgments unfulfilled during the reporting period[139] - The company has not faced any major litigation or arbitration matters during the reporting period[137] - The company has not encountered any penalties or rectification situations during the reporting period[138] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[127]

Financial Performance - Operating revenue for the reporting period was approximately ¥957.24 million, representing a year-on-year increase of 17.49%[8] - Net profit attributable to shareholders of the listed company was approximately ¥152.49 million, up 24.93% year-on-year[8] - Basic earnings per share for the reporting period were ¥0.1860, an increase of 24.92% compared to the same period last year[8] - The weighted average return on net assets was 6.21%, an increase of 11.29% compared to the previous year[8] - Other income from operating activities increased by 163.22% to RMB 84,332,508.52, attributed to other income received[19] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥4.82 billion, a decrease of 2.47% compared to the end of the previous year[8] - The company's cash and cash equivalents decreased by 62.13% to RMB 526,389,050.97, primarily due to investments in financial products and acquisitions[17] - The company's short-term borrowings decreased by 74.59% to RMB 162,952,496.89, due to repayment of bank loans[17] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 9.68% to approximately ¥2.77 billion[8] - The total number of shareholders at the end of the reporting period was 26,938[11] - The largest shareholder, Jiang Xuefei, holds 59.81% of the shares, with a total of 497,205,120 shares[11] Government and Investment - The company received government subsidies amounting to approximately ¥17.06 million during the reporting period[9] - Investment income rose by 141.50% to RMB 15,241,690.53, driven by returns from San De Guan investments and financial products[16] - The company acquired 20% of San De Guan for RMB 180 million, with plans to acquire an additional 40% within 12 months[20] Expenses - Tax and additional fees increased by 67.56% to RMB 29,669,341.11 due to the growth in value-added tax payments[16] - Financial expenses decreased by 44.33% to RMB 21,746,795.17, attributed to increased exchange gains[16] - Research and development expenses increased by 56.10% to RMB 42,077,554.64, reflecting higher R&D investments[18] - Income tax expenses increased by 42.09% to RMB 77,486,720.06, resulting from profit growth leading to higher tax provisions[16] Future Projections - The net profit attributable to shareholders for 2018 is expected to be between 53,268.37 and 62,146.43 million CNY, representing a growth of 20.00% to 40.00% compared to the previous year[24] - The net profit for 2017 was 44,390.31 million CNY, indicating a significant increase in profitability for 2018[24] - The anticipated growth in total operating revenue is expected to lead to a corresponding increase in sales costs and related expenses, contributing to the overall profit growth[24] Cash Flow - Net cash flow from operating activities reached approximately ¥279.44 million, an increase of 86.03% year-on-year[8] - Cash received from investment redemption surged by 186.39% to RMB 973,723,046.02, due to the maturity of financial products[19]

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 1,814,627,993.69, representing a 22.58% increase compared to CNY 1,480,338,028.11 in the same period last year[19]. - The net profit attributable to shareholders was CNY 280,467,108.62, up 38.15% from CNY 203,021,351.45 year-on-year[19]. - The net profit after deducting non-recurring gains and losses was CNY 262,265,548.62, reflecting a 29.39% increase compared to CNY 202,701,235.43 in the previous year[19]. - The basic earnings per share increased to CNY 0.34, a 36% rise from CNY 0.25 in the same period last year[19]. - The net cash flow from operating activities was CNY 333,258,450.50, which is an 8.34% increase from CNY 307,590,755.71 in the previous year[19]. - The company achieved a revenue of CNY 1.815 billion, representing a year-on-year growth of 22.58%[35]. - Net profit reached CNY 280 million, with a year-on-year increase of 38.15%[35]. - The gross profit margin for the printed circuit board segment was 29.70%, with a revenue increase of 21.57% and a cost increase of 21.55% year-over-year[44]. - The company reported a significant increase in investment cash flow, with a net outflow of ¥774,894,344.25, up 411.09% from ¥-151,616,603.30 due to redemptions of financial products and external investments[40]. - The company expects a net profit attributable to shareholders for the period from January to September 2018 to increase by 20% to 40%, amounting to between RMB 39,010,540 and RMB 45,512,290[72]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,850,945,643.42, a decrease of 1.86% from CNY 4,943,075,389.96 at the end of the previous year[19]. - The net assets attributable to shareholders increased by 2.47% to CNY 2,587,119,107.67 from CNY 2,524,833,282.30 at the end of the previous year[19]. - The company's total liabilities decreased from CNY 2,418,242,107.66 to CNY 2,263,826,535.75, a decrease of about 6.4%[160]. - The company's cash and cash equivalents dropped from CNY 816,668,249.95 to CNY 9,015,582.77, a decline of approximately 98.9%[163]. - The total amount of funds raised reached RMB 153,770 million, with RMB 29,829.09 million invested during the reporting period[58]. - The total approved guarantee amount for subsidiaries during the reporting period was CNY 304,057.70 million, with actual guarantees amounting to CNY 255,066.00 million[108]. Investments and Capital Expenditures - The company plans to invest approximately CNY 2.5 billion in the Zhuhai subsidiary, with an expected annual production capacity of 6.4 million square meters[37]. - The company’s investment in fixed assets was reported at ¥100,000,000.00, marking a 100% increase compared to the previous year[51]. - The investment progress for the small-batch PCB production base (Phase II) project reached 89.72%[61]. - The company temporarily supplemented working capital with RMB 50 million from IPO funds and RMB 199 million from convertible bond funds[63]. - The company raised RMB 80,000 million through convertible bonds, with a net amount of RMB 78,984 million after issuance costs of RMB 1,016 million[60]. Operational Efficiency - The company’s production capacity utilization rate approached 90%, with a sales-to-production ratio exceeding 98%[37]. - The company has established stable partnerships with major global clients, including Emerson, Bosch, and Philips, enhancing its market presence[36]. - The company’s employee turnover rate remains low, contributing to operational efficiency and stability[35]. - The company has implemented management activities to optimize processes and reduce personnel, aiming to increase per capita output[74]. Environmental Compliance - The company and its subsidiaries are classified as key pollutant discharge units by environmental protection authorities[112]. - The company has established a wastewater treatment plant in Shenzhen with a design capacity of 3,000 m³/d, which integrates various wastewater pre-treatment processes before discharging into the municipal pipeline[115]. - The company has implemented an online monitoring system for wastewater discharge, including parameters such as pH, chemical oxygen demand, total copper, total nickel, and ammonia nitrogen, which is connected to local environmental protection bureaus[115]. - The company has invested in pollution prevention facilities, focusing on wastewater, waste gas, noise, and solid waste management to enhance environmental protection efforts[116]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company has approved a restricted stock incentive plan to grant 6 million shares, representing 1.46% of the total share capital of 41 million shares[88]. - The total number of ordinary shareholders at the end of the reporting period was 26,899[142]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[145]. - The company has not experienced any major litigation or arbitration matters during the reporting period[85]. Social Responsibility - The company plans to invest a total of 1 million RMB in its poverty alleviation initiatives[123]. - In the first half of 2018, the company conducted research in Nankang City, Jiangxi Province, and plans to support 78 impoverished students in vocational schools[124]. - The company will continue its poverty alleviation efforts by establishing the "Suntak Vocational Assistance Fund" and providing more job opportunities for impoverished students[125].

Financial Performance - The company's operating revenue for Q1 2018 was ¥876,442,215.54, representing a 27.78% increase compared to ¥685,881,035.92 in the same period last year[9] - Net profit attributable to shareholders was ¥128,003,587.06, up 33.94% from ¥95,566,421.68 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥119,020,537.76, reflecting a 27.32% increase from ¥93,477,970.65 in the previous year[9] - Basic earnings per share increased to ¥0.3122, a rise of 33.93% compared to ¥0.2331 in the same period last year[9] - Sales revenue from goods and services increased by 31.09% to ¥821,311,199.23, attributed to higher sales volume[17] - The company expects net profit attributable to shareholders for the first half of 2018 to increase by 20% to 40%, ranging from ¥24,362.57 million to ¥28,423.00 million[22] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,840,132,246.45, a decrease of 2.08% from ¥4,943,075,389.96 at the end of the previous year[9] - Net assets attributable to shareholders increased by 5.07% to ¥2,652,836,869.36 from ¥2,524,833,282.30 at the end of the previous year[9] - The company's current assets totaled CNY 2,304,430,676.87, down from CNY 2,448,972,345.44 at the start of the period, indicating a decline of approximately 5.9%[30] - Total liabilities decreased from CNY 2,418,242,107.66 to CNY 2,187,295,377.09, a reduction of about 9.5%[32] - The company's equity attributable to shareholders rose to CNY 2,652,836,869.36 from CNY 2,524,833,282.30, marking an increase of approximately 5.1%[33] Cash Flow - The net cash flow from operating activities was ¥138,816,727.89, down 3.58% from ¥143,977,382.52 in the same period last year[9] - Cash and cash equivalents decreased by 55% to ¥629,183,325.96 due to the purchase of financial products[16] - The company reported a net cash outflow from operating activities of -CNY 792,984,500.49, compared to -CNY 2,740,841.80 in the previous period[50] - Net cash flow from investment activities was -CNY 742,266,049.93, a significant decline from -CNY 67,704,426.00 previously[47] - Net cash flow from financing activities was -CNY 142,124,794.72, contrasting with a positive CNY 118,766,454.28 in the previous year[47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,402[12] - The largest shareholder, Jiang Xuefei, holds 60.63% of the shares, with 65,000,000 shares pledged[12] Investments and Acquisitions - The company completed the acquisition of a 40% stake in Dalian Chongda Electronics Co., Ltd. during the reporting period[16] - The company issued 8 million convertible bonds, which were listed on the Shenzhen Stock Exchange[18] - The company proposed a stock incentive plan for 134 middle management and core technical personnel, granting 5.2 million restricted shares[19] Operational Metrics - Operating costs amounted to ¥737,582,336.56, up from ¥576,439,919.81 year-on-year[38] - The company reported a significant increase in sales expenses, which rose to ¥33,436,918.74 from ¥27,916,573.20[39] - Financial expenses rose by 238% to ¥23,163,308.74, primarily due to increased exchange losses and interest accrual on convertible bonds[16] - Investment income increased by 51% to ¥4,212,456.31, mainly from financial product investments[16] Inventory and Receivables - Accounts receivable increased by 53% to ¥18,750,591.19, reflecting a corresponding increase in sales[16] - The company reported a significant increase in other receivables, rising from CNY 11,345,884.34 to CNY 21,751,560.46, which is an increase of approximately 92.5%[30] - Inventory levels decreased slightly from CNY 322,320,140.37 to CNY 309,842,212.86, a decline of about 3.8%[30]

Financial Performance - Total assets increased to ¥4,035,040,197.93, representing an 18.56% increase compared to the previous year[8] - Operating revenue for the period reached ¥814,730,981.39, a 35.18% increase year-over-year[8] - Net profit attributable to shareholders was ¥122,066,496.55, reflecting a 22.29% increase compared to the same period last year[8] - The net cash flow from operating activities was ¥150,212,576.85, up 27.18% year-over-year[8] - Basic earnings per share were ¥0.2977, an increase of 7.36% compared to the same period last year[8] - The weighted average return on equity was 5.58%, a decrease of 3.97% compared to the previous year[8] Shareholder Information - The total number of shareholders at the end of the reporting period was 30,767[11] - The largest shareholder, Jiang Xuefei, holds 60.63% of the shares, indicating significant control over the company[11] - No repurchase transactions were conducted by the top shareholders during the reporting period[12] Cash Flow and Financial Position - The company's cash and cash equivalents increased by 267.56% to RMB 611,036,468.52 due to increased bank loans and redemption of financial products[15] - The net cash flow from operating activities increased by 34.75% to RMB 457,803,332.56, driven by higher sales revenue[20] - The company's short-term borrowings rose by 297.93% to RMB 547,325,426.04, mainly due to increased bank loans[15] - The company's other receivables increased by 352.28% to RMB 53,402,156.22, primarily due to the growth in customs tax receivables[15] Revenue and Expenses - Operating revenue for the first nine months reached RMB 2,295,069,009.50, a 39.88% increase compared to the same period last year[16] - The company's financial expenses surged by 426.13% to RMB 39,062,801.61, primarily due to increased exchange losses[16] - The company reported a 60.46% increase in cash paid for purchasing goods and services, totaling RMB 1,269,534,388.78, attributed to increased production[19] - The company reported a 95.48% increase in tax refunds received, amounting to RMB 188,201,296.58, due to tax rebates[19] - The company's operating costs increased by 51.42% to RMB 1,553,047,172.11, in line with the rise in sales[16] Future Plans and Projections - The company plans to issue convertible bonds to raise a total of up to RMB 800 million[22] - The estimated net profit for 2017 is projected to be between RMB 394.54 million and RMB 469.69 million, representing a year-on-year increase of 5% to 25%[27] - The total revenue is expected to grow, leading to a corresponding increase in sales costs and related expenses, contributing to the net profit growth[27] - The company has not received the written approval from the China Securities Regulatory Commission (CSRC) for the convertible bond issuance yet[23] Compliance and Governance - There are no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[26] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[29] - The company is committed to ensuring the accuracy of its financial information and compliance with regulatory requirements[22] Investments and Activities - The company established a wholly-owned subsidiary, Zhuhai Chongda Circuit Technology Co., Ltd., and acquired land use rights for RMB 89,600,089.00 for the "Zhuhai Chongda Technology Park" project[21] - The company has made progress in external investments and establishing subsidiaries, with multiple announcements made regarding these activities[24] - The company has conducted investor relations activities, including an on-site investigation by institutions on July 12, 2017[30] - The company has responded to feedback from the CSRC regarding the convertible bond application, with several announcements detailing these responses[25]

Financial Performance - The company's operating revenue for the first half of 2017 was ¥1,480,338,028.11, representing a 42.71% increase compared to ¥1,037,318,851.31 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥203,021,351.45, an increase of 10.64% from ¥183,493,911.33 in the previous year[18]. - The net cash flow from operating activities was ¥307,590,755.71, up 38.79% from ¥221,621,194.40 in the same period last year[18]. - Total assets at the end of the reporting period were ¥3,729,679,305.21, a 9.59% increase from ¥3,403,442,978.80 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company were ¥2,125,636,622.80, showing a slight increase of 0.88% from ¥2,107,115,271.35 at the end of the previous year[18]. - The basic earnings per share decreased by 3.92% to ¥0.49 from ¥0.51 in the same period last year[18]. - The weighted average return on net assets was 9.59%, down 7.19% from 16.78% in the previous year[18]. - The company achieved a sales revenue of 1.43 billion CNY in the first half of 2017, representing a year-on-year growth of 41.03%[31]. - Net profit for the same period was 203 million CNY, an increase of 10.64% compared to the previous year[31]. - The company’s total assets reached 3.73 billion CNY, up 9.51% year-on-year, with a shareholder equity of 2.13 billion CNY, growing by 0.88%[31]. Cash Flow and Investments - Cash and cash equivalents increased by 1,202.20% to 196 million CNY, primarily due to the maturity of financial products purchased with idle funds[35]. - The company reported investment income of ¥4,923,342.47, contributing 2.07% to total profit, but is not considered sustainable[41]. - The company temporarily supplemented working capital with RMB 20,000,000 from idle raised funds[53]. - As of June 30, 2017, RMB 240,000,000 of the remaining raised funds was invested in principal-protected bank financial products[53]. - The company invested ¥336,331,930.94 in fixed assets and intangible assets, an increase from ¥258,350,133.37 in the previous period, marking a rise of approximately 30%[145]. Market and Sales Performance - The number of medium to large batch orders (over 20 square meters) increased by 60% year-on-year[28]. - The company holds a total of 863 patent applications, including 443 domestic invention patents, positioning it as an industry leader in technology[28]. - High-end board revenue was ¥751,987,850.07, contributing 50.80% to total revenue, with a year-on-year increase of 33.21%[39]. - Export revenue amounted to ¥1,122,203,908.36, making up 75.81% of total revenue, reflecting a year-on-year growth of 42.61%[39]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by the end of 2024[75]. Shareholder and Equity Information - The total number of shares outstanding is 410,000,000, with 360,000,000 shares (87.80%) being subject to restrictions[111]. - The largest shareholder, Jiang Xuefei, holds 60.63% of the shares, totaling 248,602,560 shares[113]. - The company has commitments from major shareholders to not transfer or manage shares for 12 months from the date of listing[72]. - The company has a policy that during the two years following the lock-up period, any share reduction will be announced three trading days in advance, with a selling price not lower than the initial public offering price[73]. Environmental and Compliance Practices - The company has continuously invested in environmental protection facilities to ensure compliance with pollutant discharge standards, achieving all emissions within the approved limits[106]. - The company has established a complete environmental management system in accordance with ISO14001 standards, enhancing its environmental protection capabilities[105]. - The company is classified as a key pollutant discharge unit by environmental protection authorities[102]. - The company has been recognized as a "Clean Production Enterprise" in multiple regions, reflecting its commitment to environmental management and sustainable practices[105]. Future Outlook and Strategic Plans - The company expects a net profit attributable to shareholders for the first nine months of 2017 to be between RMB 28.74 million and RMB 34.49 million, representing a growth of 0% to 20% compared to the same period in 2016[62]. - The company plans to acquire 260,000 square meters of industrial land in Zhuhai Gaolan Port Economic Zone to mitigate risks associated with leasing factory premises[66]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance the company's technological capabilities[75]. - The company plans to repurchase shares with a total amount not exceeding RMB 10 million for each single repurchase[76]. Financial Reporting and Compliance - The financial report for the half-year period was not audited[125]. - The company adheres to the Chinese accounting standards and has ensured that its financial statements are accurate and complete[165]. - The company is committed to maintaining the integrity of its financial reporting and compliance with relevant regulations[78]. - The company guarantees that there are no false records or misleading statements in its prospectus, and it will compensate investors for any losses incurred due to such issues[78].