Financial Performance - The company's operating revenue for the first half of 2022 was CNY 992,782,947.95, representing a 5.12% increase compared to CNY 944,468,222.30 in the same period last year[21]. - The net profit attributable to shareholders decreased by 20.57% to CNY 85,257,092.25 from CNY 107,340,387.01 year-on-year[21]. - Basic earnings per share fell by 18.92% to CNY 0.30 from CNY 0.37 in the same period last year[21]. - The net profit after deducting non-recurring gains and losses was CNY 80,010,059.70, a decrease of 10.35% from CNY 89,251,293.78 in the previous year[21]. - The gross margin for the electronic information components segment was 24.05%, reflecting a 1.06% increase from the previous year[47]. - The company reported a total revenue of 635.8 million USD for the first half of 2022, maintaining a stable performance compared to previous periods[62]. - The company reported a total revenue of 953.7 million for the first half of 2022, reflecting a growth of 0.26% compared to the previous period[65]. - The company reported a total revenue of 1,641 million USD for the first half of 2023, reflecting a 0.45% increase in forward exchange rates[67]. - The company reported a total revenue of 681.30 million for the first half of 2022, with a year-on-year increase of 6.88%[87]. Cash Flow and Investments - The net cash flow from operating activities was CNY 159,496,221.77, down 4.17% from CNY 166,440,990.18 in the previous year[21]. - The company reported a net cash inflow of ¥27,825,615.34 from cash and cash equivalents, a 176.67% increase compared to ¥10,057,483.05 in the previous year[44]. - The company’s investment activities generated a cash outflow of ¥222,225,915.92, a 36.49% decrease from the previous year, mainly due to the purchase of financial products[44]. - The company reported an investment cash outflow of CNY 1,157,957,657.14 in the first half of 2022, compared to CNY 842,138,002.29 in the same period of 2021, representing an increase of 37.5%[192]. - The cash flow from financing activities in the first half of 2022 was CNY 91,530,192.03, a decrease of 55.0% from CNY 203,723,893.17 in the first half of 2021[192]. Assets and Liabilities - Total assets increased by 7.09% to CNY 3,618,420,120.53 compared to CNY 3,378,998,256.53 at the end of the previous year[21]. - Total liabilities reached CNY 1,614,577,933.47, up from CNY 1,450,699,583.66, indicating an increase of about 11.29%[178]. - Cash and cash equivalents amounted to ¥473,564,930.52, representing 13.09% of total assets, a slight decrease of 0.10% compared to the previous period[52]. - Accounts receivable increased to ¥672,290,817.58, accounting for 18.58% of total assets, down 0.48% from the prior period[52]. - Inventory decreased to ¥364,113,323.59, making up 10.06% of total assets, a decline of 1.17% due to reduced low-value consumables[52]. Research and Development - Research and development expenses increased by 56.39% to ¥57,238,939.63, up from ¥36,599,225.97 in the previous year, indicating a significant investment in innovation[43]. - The company has allocated 100 million yuan for research and development in new technologies for the upcoming fiscal year[200]. - The company has invested 74.45 million CNY (62.04% of the planned 120 million CNY) in the 3D glass panel production project[82]. Strategic Initiatives - The company is strategically expanding into the sodium battery sector through its subsidiary, aiming for a 2GWh production capacity by the end of 2022 and a potential 8GWh in the future[34]. - The company plans to expand its market presence and is focusing on new product development to enhance its competitive edge[62]. - The company plans to expand its market presence by launching new products and enhancing its technology development efforts[200]. - A merger and acquisition strategy is being considered to strengthen market position and diversify product offerings, with potential targets identified[64]. Risk Management - The company acknowledged potential risks in its operations and outlined corresponding countermeasures in the report[4]. - The company faces risks related to raw material shortages and price increases, particularly for electronic components and copper foil substrates, and is working to stabilize supply through improved inventory management[90]. - The company is actively managing foreign exchange risks due to significant USD-denominated assets and has implemented cash management and foreign exchange hedging strategies[89]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company has a stock option and restricted stock incentive plan in place, which was approved by the board and shareholders in late 2018[99]. - The company confirmed that 1,353,120 shares of restricted stock and 1,522,260 stock options met the conditions for the first unlock period and first exercise period[104]. Management and Governance - The management team is experienced and has implemented various strategies to enhance organizational capabilities and operational efficiency[39]. - The company has maintained stable management with no changes in directors or senior executives during the reporting period[97]. - The company’s approach to stock management reflects its commitment to shareholder value and corporate governance[156].

Financial Performance - The company's revenue for Q1 2022 was CNY 472,053,842.04, representing a 3.26% increase compared to CNY 457,131,225.64 in the same period last year[5]. - Net profit attributable to shareholders decreased by 15.39% to CNY 44,957,314.40 from CNY 53,137,596.98 year-on-year[5]. - The net profit after deducting non-recurring gains and losses fell by 43.76% to CNY 28,607,125.60 compared to CNY 50,862,431.57 in the previous year[5]. - Total operating revenue for the current period reached ¥472,053,842.04, an increase from ¥457,131,225.64 in the previous period, representing a growth of approximately 3.9%[20]. - Net profit for the current period was ¥44,957,314.40, down from ¥53,137,596.98, indicating a decrease of about 15.5%[21]. Cash Flow and Assets - The net cash flow from operating activities increased by 46.95% to CNY 109,755,941.74, up from CNY 74,691,390.39 in the same period last year[5]. - Cash and cash equivalents at the end of the period totaled ¥531,988,404.57, up from ¥492,252,966.70, reflecting an increase of about 8%[26]. - The company reported a total cash inflow from operating activities of ¥610,831,789.05, compared to ¥568,369,406.89 in the previous period, indicating an increase of approximately 7.4%[25]. - The company's cash and cash equivalents increased to CNY 539,188,404.57 from CNY 445,739,315.18, representing a growth of about 20.97%[16]. - The total assets at the end of the reporting period were CNY 3,459,589,650.84, a 2.39% increase from CNY 3,378,998,256.53 at the end of the previous year[5]. Research and Development - The company's R&D expenses rose by 44.02% to CNY 27,706,069.17 from CNY 19,237,663.54 year-on-year, indicating increased investment in innovation[9]. - Research and development expenses rose significantly to ¥27,706,069.17, compared to ¥19,237,663.54 in the previous period, marking an increase of approximately 44.4%[20]. - The company plans to invest 200 million RMB in R&D for new technologies over the next two years[28]. Shareholder and Equity Information - The weighted average return on equity decreased to 2.30% from 2.97% year-on-year, reflecting a decline in profitability[5]. - The company's total equity attributable to shareholders increased by 2.33% to CNY 1,973,267,243.85 from CNY 1,928,298,672.87 at the end of the previous year[5]. - The total equity attributable to the owners of the parent company reached CNY 1,973,267,243.85, up from CNY 1,928,298,672.87, reflecting an increase of approximately 2.33%[18]. - The number of ordinary shareholders at the end of the reporting period was 17,101, indicating a stable shareholder base[12]. Operational Efficiency and Market Strategy - The company aims to reduce operational costs by 10% through process optimization initiatives[28]. - A strategic acquisition of a local tech firm was announced, expected to increase operational efficiency by 20%[28]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of 2023[28]. Customer and Product Development - User data showed an increase in active users by 20% compared to the previous quarter, reaching 5 million active users[28]. - New product development includes the launch of a next-generation software platform expected to enhance user engagement by 30%[28]. - Customer satisfaction ratings increased to 90%, reflecting a 5% improvement from the last quarter[28]. Government Support - The company received government subsidies amounting to CNY 14,421,368.20, which is a 220.10% increase compared to CNY 4,505,209.30 in the previous year[9].

Financial Performance - The company's operating revenue for 2021 was CNY 1,920,462,194.48, representing an increase of 8.51% compared to CNY 1,769,844,754.46 in 2020[18]. - The net profit attributable to shareholders for 2021 was CNY 164,416,727.44, a growth of 21.70% from CNY 135,096,601.70 in the previous year[18]. - The net cash flow from operating activities increased by 61.12% to CNY 252,842,104.97, up from CNY 156,932,178.52 in 2020[18]. - Basic earnings per share for 2021 were CNY 0.580, reflecting a 9.43% increase from CNY 0.530 in 2020[18]. - The diluted earnings per share rose by 9.62% to CNY 0.570, compared to CNY 0.520 in the previous year[18]. - The weighted average return on equity was 8.97%, down from 10.73% in 2020, indicating a decrease of 1.76%[18]. - The company achieved a gross profit margin of 21.32% in 2021, a decrease of 3.97% from the previous year[41]. - The company reported a total of CNY 40,603,908.44 in non-recurring gains and losses for 2021, compared to CNY 17,966,721.00 in 2020[25]. Revenue Breakdown - The revenue from notebook computer keyboards and input devices accounted for 56.43% of total revenue, increasing by 24.66% year-on-year[39]. - The revenue from flexible printed circuit boards (FPC) increased by 20.21% year-on-year, contributing to the overall growth in the electronic components sector[41]. - Domestic sales accounted for 23.28% of total revenue, while international sales made up 76.72%, reflecting a year-on-year growth of 11.52% and 7.63% respectively[39]. Investment and R&D - Research and development expenses increased by 45.52% to approximately 84,132,869.27 CNY, driven by expanded project investments[53]. - The company has focused on R&D in high-density, thin, high-frequency, and automotive electronics, positioning itself at the forefront of technology in the electronics industry[35]. - The company has made significant advancements in PCB technology, with capabilities to produce circuit boards with a minimum hole diameter and line width of 0.025mm[35]. - The company launched several new products, including a waterproof keyboard and a self-cleaning keyboard, aimed at meeting market demands[56]. Market Position and Strategy - The company has established itself as a key supplier for major international brands including Lenovo, Dell, and HP in the input device sector[31]. - The PCB industry is experiencing growth with increasing demand for high-performance circuit boards, which the company is well-positioned to meet[30]. - The company aims to strengthen its one-stop service platform across its product lines, leveraging its experienced R&D team[33]. - The company is focusing on expanding its market presence through new product development and technological advancements[56]. Subsidiaries and Expansion - The company has established strong relationships with major clients including Thinkpad, Lenovo, Microsoft, Huawei, Samsung, and Xiaomi, enhancing its market position[34]. - The company added two new subsidiaries in 2021: Chongqing Chuan Yi Technology Co., Ltd. and Jiangsu Zhiwei Electronics Technology Co., Ltd.[48]. - The company has established a subsidiary, Shengfan Electronics, with a project to produce 180,000 square meters of high-end printed circuit boards annually[18]. Governance and Management - The company maintains a robust governance structure, complying with relevant laws and regulations, ensuring independence from its controlling shareholders[105]. - The company has a clear and independent financial management system, with no reliance on its controlling shareholders for financial decisions[109]. - The management team includes professionals with backgrounds in production, quality assurance, and sales, ensuring a well-rounded approach to operations[122]. - The company has established a performance assessment system for directors and senior management, linking remuneration to company performance and individual achievements[126]. Risk Management - The company has established a comprehensive risk management system for its foreign exchange hedging activities, including regular audits and compliance checks[83]. - The company is addressing potential risks from raw material shortages and price increases by optimizing product structures and developing high-margin products[102]. - To mitigate risks from currency fluctuations, the company has strengthened cash management and engaged in foreign exchange hedging to enhance financial stability[101]. Future Outlook - The company provided a positive outlook for 2022, projecting a revenue growth of 25% driven by new product launches and market expansion strategies[183]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[181]. - The company aims to launch three new products in 2022, which are expected to contribute an additional 500 million RMB in revenue[183]. Employee and Training Initiatives - The total number of employees at the end of the reporting period was 1,993, with 1,103 in the parent company and 890 in major subsidiaries[138]. - Various training programs were established, including management training, new employee training, and skills training, to improve employees' professional skills and career qualities[140]. - The company implemented a performance evaluation mechanism to determine basic salary based on position, duties, and skills, ensuring fair compensation while enhancing employee motivation[139].

Financial Performance - The company's operating revenue for 2021 was CNY 1,920,462,194.48, representing an increase of 8.51% compared to CNY 1,769,844,754.46 in 2020[18]. - The net profit attributable to shareholders of the listed company was CNY 164,416,727.44, a growth of 21.70% from CNY 135,096,601.70 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 123,812,819.00, up by 5.71% from CNY 117,129,880.70 in 2020[18]. - The net cash flow from operating activities increased by 61.12% to CNY 252,842,104.97, compared to CNY 156,932,178.52 in 2020[18]. - Basic earnings per share rose to CNY 0.580, reflecting a 9.43% increase from CNY 0.530 in the previous year[18]. - Diluted earnings per share also increased by 9.62% to CNY 0.570, compared to CNY 0.520 in 2020[18]. - The weighted average return on net assets was 8.97%, down from 10.73% in the previous year[18]. - The company achieved a gross profit margin of 21.32% in 2021, a decrease of 3.97% from the previous year[41]. - The company reported a net profit of 191,134,277.39 RMB for the year 2021, after deducting the legal surplus reserve and previous year's dividends[143]. Revenue Breakdown - Quarterly revenue for Q4 2021 was CNY 520,177,418.05, showing an increase from CNY 455,816,554.13 in Q3 2021[23]. - The revenue from notebook computer keyboards accounted for 56.43% of total revenue, increasing by 24.66% from the previous year[39]. - Domestic sales accounted for 23.28% of total revenue, with a growth of 11.52% year-on-year, while international sales made up 76.72% with a growth of 7.63%[39]. - The company reported a significant decline of 70.10% in revenue from membrane switch circuit boards, dropping to ¥30,284,571.91 in 2021[39]. - The total revenue for the year 2021 was approximately 1,920,000,000 CNY, with a year-on-year increase of 9.88% in the notebook computer touch panel segment[46]. Investment and R&D - Research and development expenses increased by 45.52% to approximately 84,132,869 CNY, driven by expanded project investments[53]. - The company is actively engaged in the research and development of specialized electronic materials and components, indicating a strategic focus on innovation[72]. - The company has focused on R&D in PCB technology, achieving a minimum hole diameter and line width of 0.025mm, and is prepared for 5G product development[35]. - The R&D budget for new technologies is set at 1,939.8 million, aimed at enhancing product offerings and innovation[81]. - The company has committed to increasing its R&D budget by 30%, focusing on advanced technologies and sustainable practices[184]. Market Position and Strategy - The company has established itself as a key supplier for major international brands including Lenovo, Dell, and HP in the input device sector[31]. - The company aims to strengthen its one-stop service platform across its product lines, leveraging its experienced R&D team to maintain a competitive advantage[33]. - The company has a diverse customer base across various industries, which helps mitigate seasonal and cyclical impacts on business stability[34]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[186]. - A strategic acquisition of a smaller tech firm was completed, which is anticipated to enhance the company's technological capabilities and add 100 million RMB to the annual revenue[185]. Governance and Management - The company maintains a robust governance structure, ensuring independence from its controlling shareholders in terms of assets, personnel, and finances[109]. - The company has a clear and independent financial accounting system, enabling it to make autonomous financial decisions[111]. - The management team emphasizes a culture of excellence and has implemented leadership training to enhance organizational capabilities[35]. - The company has a diverse management team with backgrounds in production, finance, and technology, including CFO Liu Wenhua, who has been with the company since 2018[119]. - The company has established a performance assessment system for directors and senior management, linking remuneration to company performance and individual achievements[128]. Shareholder Engagement and Dividends - The company plans to distribute a cash dividend of CNY 0.60 per 10 shares, based on a total of 287,655,011 shares[5]. - The total distributable profit for the company was 394,958,270.60 RMB, with cash dividends accounting for 100% of the profit distribution[143]. - A shareholder dividend of 0.5 RMB per share was declared, reflecting the company's strong financial performance and commitment to returning value to investors[185]. Risk Management - The company has implemented measures to mitigate foreign exchange risks, including cash management and foreign exchange hedging[103]. - The company is addressing risks related to raw material shortages and price increases by optimizing product structure and maintaining stable raw material supply[104]. - The company has established a comprehensive internal control management system to protect shareholder rights and ensure transparent decision-making[175]. Future Outlook - Future guidance suggests an expected revenue increase of 12.06% for the upcoming fiscal year, reflecting positive market outlook[81]. - The management has set a performance guidance of 1.8 billion RMB in revenue for the next fiscal year, reflecting a 20% increase[186]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on new product launches and market expansion strategies[186].

Financial Performance - The company's revenue for Q3 2021 was ¥455,816,554.13, a decrease of 1.10% compared to the same period last year, while year-to-date revenue increased by 12.90% to ¥1,400,284,776.43[5] - Net profit attributable to shareholders for Q3 2021 was ¥21,926,911.67, down 38.27% year-on-year, with year-to-date net profit increasing by 9.87% to ¥129,267,298.68[5] - The basic earnings per share for Q3 2021 was ¥0.08, a decrease of 38.46% compared to the same period last year, while year-to-date earnings per share was ¥0.45, down 2.17%[5] - Total operating revenue for the third quarter reached ¥1,400,284,776.43, an increase from ¥1,240,317,831.88 in the previous period[23] - Total operating costs amounted to ¥1,289,039,959.89, up from ¥1,095,895,275.51 year-on-year[24] - Net profit for the period was ¥129,267,298.68, compared to ¥117,660,004.89 in the same period last year, reflecting a growth of approximately 9.3%[24] Assets and Liabilities - The company's total assets at the end of Q3 2021 were ¥3,257,062,049.80, representing a 20.23% increase from the end of the previous year[5] - The company's total assets increased to ¥3,257,062,049.80, up from ¥2,708,946,239.51 in the previous year[21] - Total liabilities rose to ¥1,362,590,835.51, compared to ¥939,766,728.82 in the previous year, indicating a significant increase[21] - The company's total equity attributable to shareholders reached ¥1,894,471,214.29, up from ¥1,769,179,510.69 year-on-year[21] - The total current liabilities include accounts payable of ¥491,939,633.41, indicating significant operational obligations[33] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥213,451,518.58, an increase of 47.01% compared to the same period last year[11] - Operating cash inflow for the period reached CNY 1,759,394,284.59, an increase of 32.8% compared to CNY 1,324,625,722.29 in the previous period[27] - Net cash flow from operating activities was CNY 213,451,518.58, up 47% from CNY 145,198,910.39 year-on-year[27] - Cash inflow from financing activities amounted to CNY 1,094,214,330.50, compared to CNY 880,360,854.48 in the previous period, reflecting a 24.3% increase[29] - Net cash flow from financing activities was CNY 350,755,482.07, down 37.2% from CNY 559,346,897.63 year-on-year[29] Investments and Expenses - Research and development expenses for the year-to-date period were ¥61,426,883.60, an increase of 42.72% year-on-year, indicating a focus on innovation[11] - Research and development expenses for the quarter were ¥61,426,883.60, compared to ¥43,038,988.14 in the previous year, showing a 42.7% increase[24] - The company reported a significant increase in investment income, which rose by 2324.37% to ¥21,299,878.99, primarily due to gains from financial products and the disposal of trading financial assets[11] - Cash outflow from investment activities totaled CNY 1,484,703,198.10, significantly higher than CNY 448,184,981.54 in the previous period[29] - Net cash flow from investment activities was negative at CNY -711,056,060.37, compared to CNY -161,896,722.31 in the same period last year[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,973[13] - The largest shareholder, Zou Weimin, holds 50.00% of the shares, totaling 143,835,000 shares, with 114,648,750 shares pledged[13] - The top ten shareholders include various entities, with the second-largest shareholder holding 1.96% of the shares, totaling 5,640,000 shares[14] Corporate Changes - The company has made changes to the implementation locations of certain fundraising investment projects, including relocating the SMT process to a new site[15] - The company announced a change in the implementation subject of the thin film circuit board production line project to its wholly-owned subsidiary, Chongqing Yingzhi Electronics Co., Ltd.[16] - The company appointed a new internal audit head, Gong Caiping, following the resignation of Cheng Ting[17] - The company completed the business scope change for its wholly-owned subsidiary, Jiangsu Zhiwei Electronics Technology Co., Ltd., on August 16, 2021[17] Financial Reporting and Standards - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[35] - The company has implemented new leasing standards starting from 2021, which may impact future financial reporting[35] - The company reported a financial income of ¥16,392,434.10, significantly higher than ¥979,780.90 in the same period last year[24]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥944,468,222.30, representing a 21.17% increase compared to ¥779,452,381.78 in the same period last year[20]. - The net profit attributable to shareholders was ¥107,340,387.01, up 30.68% from ¥82,138,564.43 year-on-year[20]. - The net cash flow from operating activities increased by 45.54% to ¥166,440,990.18, compared to ¥114,360,609.06 in the previous year[20]. - The total assets at the end of the reporting period reached ¥3,062,871,718.90, a 13.07% increase from ¥2,708,946,239.51 at the end of the previous year[20]. - The net assets attributable to shareholders increased by 5.77% to ¥1,871,322,287.27, compared to ¥1,769,179,510.69 at the end of the previous year[20]. - The basic earnings per share rose to ¥0.37, reflecting a 12.12% increase from ¥0.33 in the same period last year[20]. - The company reported a total revenue of 600 million yuan for the first half of 2021[56]. - The total comprehensive income for the first half of 2021 was CNY 142,328,523.33, compared to CNY 47,681,188.24 in the same period of 2020, indicating a significant increase[167]. Investment and R&D - The company’s R&D investment increased by 36.23% to ¥36,599,225.97 from ¥26,865,339.15, indicating a strong focus on innovation and product development[35]. - The company has over 50 international invention patents, showcasing its strong R&D capabilities in input devices[30]. - The company has made advancements in PCB technology, achieving a minimum hole diameter and line width of 0.025mm, positioning itself at the forefront of the industry[34]. - The company reported an investment income of ¥16,284,409.11, contributing 13.61% to total profit, indicating a stable income source[42]. Market and Sales - Revenue from notebook and desktop computer keyboards and input devices increased by 48.97% to ¥582,675,517.81, driven by a significant increase in orders[40]. - Domestic sales accounted for 23.34% of total revenue at ¥220,400,268.17, up 32.71% from the previous year, while international sales were 76.66% at ¥724,067,954.13, an 18.05% increase[38]. - The revenue from the notebook keyboard membrane switch circuit board (MTS) decreased by 51.89% to ¥20,595,596.62 due to strategic adjustments and supply chain extensions[40]. Financial Position - The company’s cash and cash equivalents increased to ¥560,590,201.30, accounting for 18.30% of total assets, a decrease of 2.02% from the previous year[44]. - Short-term borrowings rose significantly to ¥639,540,706.50, representing 20.88% of total assets, an increase of 7.32% due to increased bank loans[44]. - Total liabilities increased to ¥1,191,549,431.63, up from ¥939,766,728.82 at the end of 2020, marking an increase of approximately 26.7%[154]. - The total investment during the reporting period was ¥201,638,002.29, a substantial increase of 227.82% compared to ¥61,508,963.70 in the previous year[49]. Risk Management - The company has outlined potential risks and corresponding measures in its management discussion section, emphasizing the importance of investor awareness regarding these risks[5]. - The company is facing risks from the ongoing COVID-19 pandemic, which may hinder global economic recovery and impact the electronic consumer goods market[66]. - The company plans to enhance supply chain management and risk assessment to mitigate potential impacts from the pandemic and geopolitical tensions[66]. - The company acknowledges the challenges posed by the post-pandemic era and the potential risks of de-globalization affecting its supply chain[66]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6]. - The company has an ongoing stock option and restricted stock incentive plan, with adjustments made to the number of options and shares granted due to participant changes[77]. - The company’s stock option exercise price was adjusted from 11.23 yuan to 11.14 yuan per share[78]. - The company reported a net profit distribution of -28,607.87 million yuan to shareholders, highlighting a loss in profit allocation[186]. Corporate Governance - The company has established a governance structure including a shareholders' meeting, board of directors, supervisory board, and management layer[193]. - The financial report for the half-year period has not been audited[150]. - The company has no significant related party transactions during the reporting period[103]. - The company has not reported any major litigation or arbitration matters during the reporting period[100].

Financial Performance - The company's operating revenue for 2020 was CNY 1,769,844,754.46, representing a 15.38% increase compared to CNY 1,533,937,654.20 in 2019[16] - The net profit attributable to shareholders for 2020 was CNY 135,096,601.70, an increase of 81.85% from CNY 74,288,816.10 in 2019[16] - The net profit after deducting non-recurring gains and losses was CNY 117,129,880.70, up 70.79% from CNY 68,580,679.41 in 2019[16] - The net cash flow from operating activities was CNY 156,932,178.52, a 61.39% increase from CNY 97,236,061.14 in 2019[16] - The total assets at the end of 2020 were CNY 2,708,946,239.51, a 56.24% increase from CNY 1,733,862,126.04 at the end of 2019[18] - The net assets attributable to shareholders at the end of 2020 were CNY 1,769,179,510.69, a 70.39% increase from CNY 1,038,311,188.04 at the end of 2019[18] - The basic earnings per share for 2020 were CNY 0.53, a 76.67% increase from CNY 0.300 in 2019[16] - The diluted earnings per share for 2020 were CNY 0.52, a 73.33% increase from CNY 0.300 in 2019[16] - The weighted average return on equity for 2020 was 10.73%, up from 7.41% in 2019[16] Revenue Breakdown - Total revenue for the year reached ¥1,269,844,754.96, with a quarterly breakdown of ¥316,613,191.22 in Q1, ¥462,839,190.56 in Q2, ¥460,865,450.10 in Q3, and ¥529,526,922.58 in Q4[21] - Net profit attributable to shareholders for the year was ¥135,096,601.70, with quarterly figures of ¥26,292,858.06 in Q1, ¥55,845,706.37 in Q2, ¥35,521,440.46 in Q3, and ¥17,436,596.81 in Q4[21] - The net cash flow from operating activities for the year totaled ¥156,932,178.48, with quarterly amounts of ¥46,281,073.10 in Q1, ¥68,079,535.96 in Q2, ¥30,838,301.33 in Q3, and ¥11,733,268.13 in Q4[21] R&D and Innovation - The company is focusing on R&D in high-density, thin, high-frequency, and automotive electronics, with capabilities to produce 5G-related products[30] - The company invested in R&D focusing on new materials, products, and technologies, ensuring its leading position in the industry[35] - The company established partnerships with over 10 universities and research institutes to enhance R&D capabilities and technology transfer[35] - Research and development expenses rose by 9.00% to 57,816,301.69 CNY in 2020, compared to 53,042,962.52 CNY in 2019, accounting for 3.27% of total revenue[51] Market Presence and Customer Base - The company has successfully entered the qualified supplier system of major international brands, including Thinkpad, Lenovo, Dell, and HP, enhancing its market presence[27] - The company maintains a diverse customer base across various industries, which helps mitigate seasonal and cyclical impacts on its business[29] - Domestic sales accounted for 22.65% of total revenue, while exports made up 77.35%, with export revenue increasing by 17.07% year-on-year[39] Social Responsibility and Environmental Commitment - The company actively engaged in social responsibility by donating to local governments to support pandemic control efforts[34] - The company emphasizes the importance of environmental protection and safety risk management in its operations[89] - The company has committed to environmental protection as part of its sustainable development strategy, implementing strict compliance measures[169] Financial Management and Investments - The total amount of cash and cash equivalents increased significantly by 605.19% to 359,991,835.95 CNY in 2020, compared to a decrease of 71,258,220.51 CNY in 2019[53] - The company’s total liabilities increased, with financial expenses rising dramatically by 2,059.42% due to increased foreign exchange losses[50] - The investment activities resulted in a net cash outflow of 457,312,921.07 CNY, a 64.62% increase in outflow compared to the previous year[53] - The company has raised a total of RMB 102,288.36 million through various funding rounds, with 26.13% of the funds utilized[73] Shareholder Returns and Dividends - The company plans to distribute a cash dividend of CNY 1 per 10 shares to all shareholders, based on a total of 286,078,766 shares[5] - For the 2020 fiscal year, the company increased the cash dividend to RMB 1.0 per 10 shares, amounting to RMB 28,607,876.60[101] - The cash dividend for 2020 represents 21.18% of the net profit attributable to ordinary shareholders, which was RMB 135,096,601.70[104] Strategic Adjustments and Future Plans - The company plans to continue expanding its business operations and developing new technologies in the electronics sector[66] - The company plans to continue expanding its market presence and product offerings through ongoing investments in technology and production capacity[76] - The company aims to enhance its market share in the notebook and desktop keyboard sectors, focusing on advanced technology and production processes[87] - In 2021, the company plans to expand production capacity in response to market demand and accelerate the development of new products and technologies, particularly in the automotive electronics sector[89] Risks and Challenges - The ongoing COVID-19 pandemic poses risks to global economic recovery, which may impact the electronic consumer goods market and the company's operations[91] - The company faces risks from post-pandemic de-globalization and potential trade conflicts, particularly with the U.S., impacting supply chain dynamics[92] - Currency fluctuations pose a significant risk, with the company holding substantial USD assets, leading to increased foreign exchange losses in 2020[93] Corporate Governance and Compliance - The company has committed to adhering to the latest regulations set by the China Securities Regulatory Commission regarding compensation measures[124] - The company has emphasized the importance of transparency in its financial disclosures to avoid misleading statements[125] - The company has no significant accounting errors that require retrospective restatement during the reporting period[135] Stock and Shareholder Information - The total number of shares increased from 247,775,390 to 286,255,886 due to the non-public offering and stock option exercises[179] - The largest shareholder, Zou Weimin, holds 53.40% of the shares, totaling 152,865,000 shares, with a pledge of 24,100,000 shares[190] - The company reported a decrease of 943,500 shares held by the third-largest shareholder, Yangzhou Chengyuan Investment Consulting, which now holds 1.87% or 5,346,500 shares[191]

Financial Performance - The company's revenue for Q1 2021 was ¥457,131,225.64, representing a 44.38% increase compared to ¥316,613,191.22 in the same period last year[8] - Net profit attributable to shareholders was ¥53,137,596.98, up 102.10% from ¥26,292,858.06 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥50,862,431.57, reflecting a 102.33% increase from ¥25,137,779.85 in the previous year[8] - Basic earnings per share rose to ¥0.19, a 72.73% increase from ¥0.11 in the previous year[8] - Total operating revenue for Q1 2021 was CNY 457,131,225.64, an increase from CNY 316,613,191.22 in the same period last year[41] - Net profit for Q1 2021 reached CNY 53,137,596.98, compared to CNY 26,292,858.06 in Q1 2020, representing a growth of 102.5%[43] - The total comprehensive income for the first quarter was CNY 29,789,480.35, compared to CNY 8,602,742.75 in the same period last year, showing a growth of approximately 246.5%[48] Cash Flow - The net cash flow from operating activities was ¥74,691,390.39, a 61.39% increase compared to ¥46,281,073.10 in the same period last year[8] - The net cash flow from operating activities was CNY 74,691,390.39, compared to CNY 46,281,073.10 in the previous year, marking an increase of around 61.5%[51] - Cash inflow from operating activities totaled CNY 568,369,406.89, up from CNY 436,458,729.41 year-over-year, reflecting a growth of approximately 30.2%[50] - The company reported a net cash inflow from financing activities of 160,055,213.72 CNY, primarily from loans received totaling 213,361,140.50 CNY[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,895,354,589.47, up 6.88% from ¥2,708,946,239.51 at the end of the previous year[8] - The total assets as of the end of Q1 2021 amounted to CNY 2,653,478,745.99, compared to CNY 2,468,230,971.45 at the end of Q1 2020[39] - Total liabilities for Q1 2021 were CNY 1,066,134,851.56, an increase from CNY 911,898,572.72 year-on-year[39] - The total liabilities rose from 939,766,728.82 CNY to 956,609,154.04 CNY, largely due to the recognition of lease liabilities[59] Investment and R&D - Research and development expenses increased by 68.88% to ¥19,237,663.54 from ¥11,391,408.75, reflecting a higher investment in R&D activities[16] - Research and development expenses for Q1 2021 were CNY 19,237,663.54, up from CNY 11,391,408.75 in the same period last year, indicating a focus on innovation[42] - The company reported a significant increase in investment income, which rose by 536.86% to ¥4,561,965.38 from ¥716,316.56, attributed to higher returns from financial products[16] - The company reported an investment income of CNY 4,561,965.38 for Q1 2021, compared to CNY 716,316.56 in the previous year[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,281[12] - Net assets attributable to shareholders increased to ¥1,818,524,260.79, a 2.79% rise from ¥1,769,179,510.69 at the end of the previous year[8] - The company's total equity attributable to shareholders increased from RMB 1,769.18 million at the end of 2020 to RMB 1,818.52 million by March 31, 2021[36] Other Financial Metrics - The weighted average return on equity was 2.97%, an increase of 0.49% compared to 2.48% in the previous year[8] - The company reported a decrease in deferred income tax liabilities by 63.10% to ¥344,561.66 from ¥933,790.16, influenced by changes in the fair value of financial assets[16] - The company has no significant contracts or non-operating fund occupation by controlling shareholders during the reporting period[28] - The first quarter report was not audited, which may affect the reliability of the financial data presented[65]

Financial Performance - Net profit attributable to shareholders rose by 19.63% to CNY 35,521,440.46 for the reporting period[8] - Operating income for the period was CNY 460,865,450.10, reflecting a 12.59% increase year-on-year[8] - The net profit after deducting non-recurring gains and losses reached CNY 38,037,964.03, a 31.40% increase year-on-year[8] - Basic earnings per share increased by 8.33% to CNY 0.130 for the reporting period[8] - The weighted average return on net assets improved to 3.15%, up by 8.62% compared to the previous year[8] - Net profit for Q3 2020 was ¥35,521,440.46, compared to ¥29,517,944.81 in Q3 2019, reflecting a growth of approximately 20.3%[47] - The total comprehensive income attributable to the parent company was ¥35,521,440.46, compared to ¥29,693,181.66 in the previous period, reflecting a growth of 19.6%[51] - The company reported a total profit of ¥16,974,990.02, a decrease of 0.3% from ¥18,032,412.56 in the previous period[51] Assets and Liabilities - Total assets increased by 40.63% to CNY 2,438,311,652.81 compared to the end of the previous year[8] - Cash and cash equivalents increased by 275.76% to ¥729,485,752.65 due to increased funding from investments[16] - Other current assets rose by 41.12% to ¥142,912,015.46 primarily from increased purchases of financial products[16] - The company's total liabilities decreased slightly to RMB 692,993,418.20 from RMB 695,550,938.00 year-over-year[39] - The company's total assets increased to RMB 2,438,311,652.81 as of September 30, 2020, compared to RMB 1,733,862,126.04 at the end of 2019[38] - The company's total liabilities were ¥720,743,419.79, compared to ¥597,627,600.03 in the previous year, representing an increase of approximately 20.6%[43] Cash Flow - The net cash flow from operating activities surged by 113.82% to CNY 30,838,301.33[8] - Net cash flow from operating activities increased by 51.31% to ¥145,198,910.39, driven by higher sales collections[16] - Cash flow from operating activities generated ¥145,198,910.39, an increase from ¥95,963,647.07 in the previous year[63] - Cash flow from financing activities generated a net inflow of CNY 559,347,660.96, a significant improvement from a net outflow of CNY 23,256,002.91 in the same period last year[67] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,040[12] - Major shareholder Zou Weimin holds 53.83% of the shares, with 115,578,750 shares pledged[12] - The controlling shareholder's ownership decreased from 61.79% to 53.83% after the share issuance, a decline of 7.96%[20] Fundraising and Investments - The company plans to raise up to ¥600 million through a non-public offering of shares to fund the construction of a high-end printed circuit board project[17] - The company issued 36,855,036 shares at ¥16.28 per share, raising a net amount of ¥588,579,182.77 after expenses[18] - The non-public offering raised RMB 599,999,986.08, with a net amount of RMB 588,579,182.77 after deducting issuance costs[28] Research and Development - Research and development expenses for Q3 2020 were ¥16,173,648.99, slightly up from ¥16,115,227.45 in the same quarter last year[46] - Research and development expenses amounted to ¥6,387,637.45, slightly down from ¥6,944,884.71, showing a decrease of 8.0%[50] - Research and development expenses for Q3 2020 were ¥19,267,717.48, down from ¥22,175,196.73 in Q3 2019[58] Financial Expenses - The company reported a financial expense of ¥23,746,675.70, compared to a financial income of -¥11,281,374.69 in the previous year, indicating a significant change in financial performance[46] - The company reported a total financial expense of ¥18,299,300.94 from a negative ¥5,585,360.35 in the previous period, indicating a substantial rise in costs[50] - The company reported a 392.91% increase in financial expenses to ¥21,353,799.93, mainly due to increased foreign exchange losses[16] Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[56]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 779,452,381.78, representing a 12.58% increase compared to CNY 692,354,995.84 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was CNY 82,138,564.43, a significant increase of 92.61% from CNY 42,645,680.12 year-on-year[17]. - The net profit after deducting non-recurring gains and losses was CNY 75,982,259.69, up 86.39% from CNY 40,765,279.16 in the previous year[17]. - The net cash flow from operating activities was CNY 114,360,609.06, an increase of 40.25% compared to CNY 81,541,254.90 in the same period last year[17]. - The basic earnings per share rose to CNY 0.33, reflecting a 94.12% increase from CNY 0.17 in the previous year[17]. - The operating cost increased to ¥581,499,425.96, up 6.88% from ¥544,074,893.57, resulting in a gross margin of 25.40%, which improved by 3.98% year-on-year[43]. - The company reported a significant increase in foreign sales, which accounted for 78.69% of total revenue, up 22.74% from the previous year[42]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,722,459,450.19, a slight decrease of 0.66% from CNY 1,733,862,126.04 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company increased to CNY 1,119,470,805.40, marking a 7.82% rise from CNY 1,038,311,188.04 at the end of the previous year[17]. - Total liabilities decreased to ¥602,988,644.79 from ¥695,550,938.00, showing a decline of about 13.3%[149]. - The company's total equity increased to ¥1,119,470,805.40 from ¥1,038,311,188.04, representing a growth of approximately 7.8%[150]. Research and Development - Research and development expenses were ¥26,865,339.15, a slight increase of 1.27% from ¥26,527,234.53, indicating continued investment in innovation[39]. - Research and development expenses for the first half of 2020 were CNY 26,865,339.15, slightly up from CNY 26,527,234.53 in the same period of 2019[155]. Market and Product Development - The company has over 200 domestic and international patents, providing a solid technological advantage in the industry[29]. - The flexible printed circuit board (FPC) products are expected to see a simultaneous increase in demand and price due to the evolution of electronic products and the advent of the 5G era[25]. - The company has expanded its product line to include high-end printed circuit boards to meet the demands of the mid-to-high-end market[25]. - The company has established 15 fully automated production lines for keyboard products, ensuring high production efficiency and quality[26]. - The company’s keyboard products are recognized for their ultra-thin, silent, and high-quality feel, becoming essential components for high-end notebook brands[35]. Risk Factors - The report highlights various risk factors affecting business operations, including macroeconomic and market risks[4]. - The company faces risks from intensified market competition, which could lead to decreased product prices and profit margins[72]. - The company is exposed to risks from potential changes in export tax rebate policies, which could impact profitability if the rebate rate is reduced[72]. - The company’s main settlement currency is USD, making it vulnerable to fluctuations in the RMB exchange rate[73]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company has implemented an employee stock option and restricted stock incentive plan, with 361,000 restricted shares and 542,100 stock options granted to 160 individuals[87]. - The company completed the registration of reserved stock options and restricted shares, with 922,600 restricted shares granted at a price of 6.03 yuan per share[91]. - The company’s total share capital after the completion of the stock option exercise was 249,400,850 shares[120]. - The largest shareholder, Zou Weimin, holds 61.79% of the shares, amounting to 154,105,000 common shares[128]. Financial Reporting and Compliance - The half-year financial report has not been audited[80]. - The company’s financial statements are prepared based on the going concern principle, with no significant doubts about its ability to continue operations[189]. - The company’s financial reports comply with the requirements of the enterprise accounting standards, reflecting its financial position and operating results accurately[190]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[162]. - The company focuses on sustainable development and technological innovation to enhance its core competitiveness amid a challenging economic environment[35].