证券代码：002881 证券简称：美格智能 公告编号：2022－075 美格智能技术股份有限公司 关于参加深圳辖区上市公司2022年投资者 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，美格智能技术股份有限公司（以下简称 "公司"）将参加由深圳证监局指导、深圳上市公司协会与深圳市全景网络有限 公司联合举办的"2022年深圳辖区上市公司投资者集体接待日活动"，现将相关 事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演APP, 参与本次互动交流，活动时间为2022年11月9日（周三）16:30-17:30。届时公司 高管将在线就公司业绩、公司治理、发展战略、经营状况、融资计划、股权激励 和可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者 踊跃参与！ 特此公告。 美格智能技术股份有限公司董事会 2022年11月4日 ...

Financial Performance - The company's revenue for Q3 2022 reached ¥676,026,646.19, representing a 9.06% increase year-over-year, and a total revenue of ¥1,799,716,854.93 for the year-to-date, up 36.27% compared to the same period last year[7] - Net profit attributable to shareholders for Q3 2022 was ¥36,202,598.37, a 13.22% increase year-over-year, with a year-to-date net profit of ¥122,408,820.61, reflecting a 53.95% increase[7] - The net profit after deducting non-recurring gains and losses for Q3 2022 was ¥35,255,013.55, up 31.98% year-over-year, with a year-to-date figure of ¥82,457,274.09, which is a 93.08% increase[7] - Total operating revenue for the third quarter reached ¥1,799,716,854.93, an increase of 36.3% compared to ¥1,320,688,532.59 in the same period last year[31] - Net profit for the quarter was ¥121,721,309.01, representing a 53.3% increase from ¥79,483,020.80 in the previous year[33] - Earnings per share (EPS) for the quarter was ¥0.51, compared to ¥0.34 in the same period last year[33] - The total comprehensive income for the quarter was ¥124,378,083.63, compared to ¥79,345,726.38 in the previous year, indicating a growth of 56.7%[33] Assets and Liabilities - The company's total assets as of the end of Q3 2022 were ¥1,824,405,317.96, a 21.42% increase from the end of the previous year[7] - The total liabilities increased to ¥1,010,227,994.00, up from ¥811,278,693.84 in the previous year, reflecting a growth of 24.5%[31] - The total equity attributable to shareholders reached ¥812,810,534.43, compared to ¥689,260,650.58 in the same period last year, marking an increase of 17.9%[31] - The company's total current assets as of September 30, 2022, amount to 1,395,412,376.13 RMB, an increase from 1,206,755,765.10 RMB at the beginning of the year[24] - Non-current assets total 428,992,941.83 RMB, compared to 295,837,880.45 RMB at the beginning of the year, showing a significant increase of approximately 45.0%[24] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥80,174,335.37, showing a significant increase of 130.52% year-over-year[7] - The net cash flow from operating activities was $80,174,335.37, a significant improvement compared to the previous period's negative cash flow of -$262,689,381.23[38] - Cash inflow from operating activities totaled $1,960,313,268.09, up from $1,565,088,126.11 in the prior period, representing an increase of approximately 25.2%[38] - Cash outflow from operating activities was $1,880,138,932.72, slightly higher than $1,827,777,507.34 from the previous period[38] - The cash and cash equivalents at the end of the period reached $190,254,534.08, up from $102,617,185.96 at the end of the previous period[40] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,562[18] - The largest shareholder, Wang Ping, holds 42.73% of shares, totaling 102,402,560 shares, with 76,801,920 shares pledged[18] - The top ten shareholders include Shenzhen Zhaoge Investment Enterprise (Limited Partnership) with a 13.35% stake, holding 32,000,800 shares[18] - The company has a share repurchase account holding 2,263,294 shares, representing 0.94% of the total share capital[21] Investment Activities - The company plans to continue expanding its investment in joint ventures, as indicated by a 78.25% increase in long-term equity investments to ¥6,256.00 million[12] - The cash outflow for investing activities was $85,928,758.91, compared to $18,434,891.53 in the previous period, indicating increased investment activity[38] - The cash flow from investment activities for the year-to-date was negative ¥8,592.88, indicating a significant increase in cash paid for investments[17] Operational Costs - Total operating costs amounted to ¥1,703,717,238.90, up 36.0% from ¥1,251,978,094.62 year-over-year[31] - Research and development expenses totaled ¥135,483,431.91, an increase of 17.4% from ¥115,422,312.65 year-over-year[31] Other Financial Metrics - The weighted average return on equity for the year-to-date was 16.45%, an increase of 3.31% compared to the same period last year[7] - The company reported a government subsidy of ¥1,455,420.64 for Q3 2022, with a total of ¥11,404,740.55 for the year-to-date[8] - The company experienced a 107.33% increase in accounts payable, reaching ¥5,798.51 million, primarily due to increased supplier payments[12] - Deferred income tax liabilities increased to ¥20,488,195.32 from ¥10,000,000.00, reflecting a 104.9% rise year-over-year[31] - Accounts receivable increased to 409,840,786.68 RMB from 321,182,717.69 RMB, reflecting a growth of approximately 27.5%[24] - Inventory as of September 30, 2022, is reported at 506,335,670.69 RMB, up from 395,558,212.85 RMB, indicating a rise of about 28.0%[24]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,123,690,208.74, representing a 60.34% increase compared to ¥700,815,803.97 in the same period last year[26]. - Net profit attributable to shareholders was ¥86,206,222.24, an increase of 81.34% from ¥47,537,207.97 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥47,202,260.54, showing a significant increase of 195.10% compared to ¥15,995,102.24 in the same period last year[26]. - The net cash flow from operating activities was ¥124,530,860.34, a turnaround from a negative cash flow of -¥181,709,407.69 in the previous year, marking a 168.53% improvement[26]. - Basic earnings per share increased to ¥0.36, up 80.00% from ¥0.20 in the same period last year[26]. - The company's gross profit margin for its main business was 17.84%, a decrease of 1.38 percentage points from the same period last year[55]. - The average price of the company's main business products increased from approximately 142.46 yuan in 2021 to 175.50 yuan in the reporting period[54]. - The company’s overseas customer revenue proportion rose from 20.70% in 2021 to 24.40% in the reporting period[54]. - The company’s R&D expenses amounted to 76.87 million yuan, reflecting a year-on-year increase of 39.35%[56]. - The company reported a net decrease in cash and cash equivalents of ¥8,614,380.57, a decline of 118.29% compared to a decrease of ¥3,946,305.03 in the previous year[57]. - The total operating costs increased by 61.23% to ¥922,583,366.33 from ¥572,217,305.80 in the previous year, primarily due to increased costs in the wireless communication module and solution business[57]. - The company experienced a significant increase in financial expenses, which rose by 31.86% to ¥8,062,222.44, attributed to higher interest expenses[57]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,603,281,356.52, a 6.70% increase from ¥1,502,593,645.55 at the end of the previous year[26]. - The total assets of the company as of June 30, 2022, amounted to ¥1,546,073,568.78, up from ¥1,477,518,713.63 at the end of 2021, reflecting a growth of approximately 4.6%[197]. - Total liabilities increased to ¥1,071,294,571.21 as of June 30, 2022, compared to ¥1,012,669,969.36 at the end of 2021, marking an increase of about 5.8%[198]. - The company's long-term equity investments increased to CNY 65,019,170.48 from CNY 35,097,065.03, showing a growth of approximately 85.2%[189]. - The total liabilities decreased to CNY 1,229,488,966.72 from CNY 1,206,755,765.10, indicating a reduction of about 1.9%[186]. - The cash and cash equivalents decreased to CNY 178,275,507.91 from CNY 191,245,653.71, representing a decline of approximately 6.8%[186]. Business Strategy and Operations - The main business focus is on wireless communication modules and IoT solutions, leveraging 4G/5G technology to provide various types of wireless communication modules and IoT solutions for global customers[35]. - The company is committed to a dual-driven product strategy of wireless communication modules and IoT solutions, aiming to meet differentiated customer needs in the IoT market[42]. - The company has established a comprehensive product line for data transmission modules covering 4G/5G standards, continuously enhancing application scenarios through innovative technologies[36]. - The company is actively expanding its product layout in the intelligent connected vehicle sector, anticipating accelerated automotive intelligence driven by 5G technology[41]. - The company plans to continue launching innovative smart modules and computing modules to lead industry development trends[40]. - The company is expanding into emerging industries such as high-level assisted driving, AR/VR, and robotics, leveraging its strong hardware and AI capabilities[47]. Risk Management - The management highlighted potential risks and countermeasures in the future operations section of the report[4]. - The company is closely monitoring the operational status of existing customers to manage accounts receivable risk, especially in light of macroeconomic factors and the COVID-19 pandemic[93]. - The company primarily settles raw material purchases in USD and sales in RMB, exposing it to substantial exchange rate risks[95]. - To mitigate exchange rate risks, the company plans to utilize trade financing and forward foreign exchange contracts, while also expanding overseas customer bases[95]. - The company will enhance product pricing management and establish a price adjustment mechanism based on exchange rate fluctuations to reduce operational risks[95]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company did not distribute cash dividends or bonus shares for the half-year period, nor did it increase capital through reserves[102]. - The company held its first extraordinary shareholders' meeting of 2022 with a participation rate of 66.62%[99]. - The company has not experienced any changes in its board of directors, supervisors, or senior management during the reporting period[101]. - The company has not engaged in any major related party transactions during the reporting period, ensuring transparency in financial dealings[130]. - The company has not reported any non-operating fund occupation by major shareholders or related parties during the reporting period, ensuring financial integrity[124]. Research and Development - The company emphasizes a research-driven approach, with a significant portion of its workforce dedicated to R&D, ensuring technological leadership in the market[38]. - The company plans to continue focusing on research and development in the IoT sector, aiming to enhance its technological capabilities[79]. Employee Relations - The company has implemented measures to enhance employee relations, including training and team-building activities, to improve employee engagement[119].

Financial Performance - The company's revenue for Q1 2022 was ¥400,551,141.25, representing a 54.26% increase compared to ¥259,664,054.35 in the same period last year[4] - Net profit attributable to shareholders was ¥24,606,758.06, up 59.66% from ¥15,411,883.81 year-on-year[4] - The company reported a basic earnings per share of ¥0.13, which is a 44.44% increase from ¥0.09 in the same period last year[4] - Net profit for the current period was ¥24,375,890.63, compared to ¥15,411,883.81 in the previous period, reflecting a growth of 58.5%[28] - The company reported a total comprehensive income of ¥24,224,021.95, compared to ¥15,458,281.96 in the previous period, marking a growth of 56.5%[32] Cash Flow - The net cash flow from operating activities improved significantly to ¥32,328,875.25, a 143.45% increase from a negative cash flow of ¥74,406,325.64 in the previous year[4] - The net cash flow from operating activities was ¥32,328,875.25, a recovery from a negative cash flow of -¥74,406,325.64 in the prior period[36] - Net cash flow from financing activities was -$31,388,209.46, compared to -$26,583,680.91 in the previous period[39] - The net increase in cash and cash equivalents was -$122,937.46, contrasting sharply with a decrease of -$98,957,544.82 in the prior year[39] - The ending balance of cash and cash equivalents was $172,969,166.61, down from $104,861,300.09 in the previous period[39] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,563,805,949.44, reflecting a 4.07% increase from ¥1,502,593,645.55 at the end of the previous year[4] - The company's total liabilities reached RMB 845,071,925.20, compared to RMB 811,278,693.84 at the start of the year, marking an increase of about 4.2%[24] - Current assets totaled RMB 1,273,698,260.03, up from RMB 1,206,755,765.10, indicating an increase of about 5.5%[18] - The company's short-term borrowings decreased to RMB 271,035,596.32 from RMB 290,523,461.08, a reduction of approximately 6.7%[21] - The company’s total current liabilities amounted to RMB 810,341,279.91, up from RMB 774,001,612.46, indicating an increase of approximately 4.7%[21] Inventory and Expenses - The inventory increased by 49.48% to ¥591,264,500.00, primarily due to a rise in raw material stock at the end of the reporting period[7] - Research and development expenses rose by 61.10% to ¥24,739,400.00, driven by increased personnel costs in R&D[8] - Total operating costs amounted to ¥377,385,989.83, up 55.8% from ¥242,246,308.08 in the prior period[25] - Research and development expenses increased to ¥24,739,374.97, representing a rise of 61.1% from ¥15,356,470.18 year-over-year[25] - The company experienced a significant increase in financial expenses, which rose by 1,011.72% to ¥645,800.00, mainly due to higher interest costs[8] Government Subsidies and Other Income - The company received government subsidies amounting to ¥5,474,664.10, with a net impact of ¥4,113,498.80 after tax effects[6] - Other income for the current period was ¥7,061,965.34, compared to ¥2,229,943.38 in the previous period, indicating a growth of 216.5%[28]

证券代码：002881 证券简称：美格智能 公告编号：2021-107 美格智能技术股份有限公司 关于参加2021深圳辖区"沟通传递价值，交流创造良好生态" 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，美格智能技术股份有限公司（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"沟通传递价值，交流创造良好生态"——2021 深圳辖区上市公司投资者网 上集体接待日活动，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 2021 年 11 月 30 日 14:00 至 17:00，其中公司与投 资者网上互动的时间为 15:30 至 17:00。 届时公司董事、副总经理兼财务总监夏有庆先生、副总经 ...

Financial Performance - Revenue for Q3 2021 reached ¥619,872,728.62, an increase of 143.01% year-over-year[3] - Net profit attributable to shareholders was ¥31,976,357.49, up 1,737.01% compared to the same period last year[3] - Basic earnings per share increased to ¥0.18, reflecting a growth of 1,900.00% year-over-year[3] - Total revenue for the period reached CNY 1,320,688,532.59, a significant increase from CNY 688,981,901.71 in the previous period, representing a growth of approximately 91.6%[28] - The company reported a net profit of CNY 277,301,759.56, compared to CNY 201,433,708.22 in the previous period, indicating an increase of approximately 37.6%[27] - The net profit for the current period is 79,483,020.80, compared to 12,318,889.89 in the previous period, representing a significant increase[31] - The total comprehensive income for the current period is 79,345,726.38, up from 12,085,332.15 in the previous period[34] - Basic and diluted earnings per share for the current period are both 0.44, compared to 0.07 in the previous period, indicating strong earnings growth[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,355,553,892.69, representing a 38.53% increase from the previous year[3] - The company's total assets increased to CNY 1,355,553,892.69 from CNY 978,562,546.53, marking a rise of about 38.5%[27] - Total liabilities rose to CNY 710,924,326.83, compared to CNY 396,803,081.01 in the previous period, an increase of approximately 79.2%[27] - Current liabilities totaled CNY 672,002,226.68, up from CNY 394,682,420.53, representing an increase of about 70.3%[24] - Total liabilities rose from 396,803,081.01 to 454,812,139.24, reflecting an increase of 58,009,058.23[47] Cash Flow - The company reported a net cash flow from operating activities of -¥262,689,381.23, a decline of 649.88% year-over-year[3] - Cash flow from operating activities shows a net outflow of -262,689,381.23, compared to -35,031,055.75 in the previous period, highlighting increased cash usage[38] - Cash inflow from operating activities totaled 1,565,088,126.11, significantly higher than 718,743,203.30 in the previous period[35] - Cash outflow for operating activities reached 1,827,777,507.34, compared to 753,774,259.05 in the previous period, indicating higher operational costs[38] - Cash flow from investing activities resulted in a net outflow of -6,751,876.25, compared to a net inflow of 7,839,376.08 in the previous period[38] - Cash flow from financing activities generated a net inflow of 168,851,347.12, compared to 68,637,467.12 in the previous period, reflecting improved financing conditions[38] Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,984[10] - The largest shareholder, Wang Ping, holds 42.68% of the shares, amounting to 78,771,200 shares[10] - The company completed a share buyback of 2,263,294 shares, representing 1.23% of the total share capital[17] - The company plans to issue up to 55,347,000 shares in a private placement, raising no more than 603.59 million yuan[17] - The top ten shareholders include Shenzhen Zhaoge Investment with 24,616,000 shares, accounting for 13.34%[10] - The company’s total share capital after the buyback is now 184,490,000 shares[17] Research and Development - Research and development expenses increased by 37.42% to ¥11,542.23 million, driven by higher salaries and benefits for R&D personnel[6] - Research and development expenses were CNY 115,422,312.65, up from CNY 83,989,548.67, reflecting a growth of approximately 37.4%[28] Inventory and Receivables - The company experienced a significant increase in inventory, with a 92.85% rise in raw materials at the end of the reporting period[6] - Inventory increased significantly to CNY 416,116,092.14 from CNY 215,773,120.39, reflecting a growth of about 93.0%[21] - Accounts receivable decreased to CNY 205,617,626.48 from CNY 232,160,233.20, a decline of approximately 11.4%[21] Employee and Corporate Governance - The company has 133 employees whose restricted stock became tradable, totaling 933,300 shares[17] - The company’s board and supervisory board were re-elected on July 12, 2021[17] - The company has not disclosed any other related party relationships among shareholders[16]

Financial Performance - The company's operating revenue for 2020 was CNY 1,120,845,596.78, representing a 20.15% increase compared to CNY 932,835,034.88 in 2019[22]. - The net profit attributable to shareholders for 2020 was CNY 27,439,978.81, up 12.21% from CNY 24,453,253.08 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 32.64% to CNY 16,237,308.39 from CNY 24,105,769.10 in 2019[22]. - The net cash flow from operating activities increased by 121.85% to CNY 68,445,141.81, compared to CNY 30,851,863.71 in 2019[22]. - The total assets at the end of 2020 were CNY 978,562,546.53, a 24.72% increase from CNY 784,635,782.57 at the end of 2019[22]. - The net assets attributable to shareholders increased by 5.95% to CNY 581,759,465.52 from CNY 549,079,470.34 in 2019[22]. - The basic earnings per share for 2020 were CNY 0.1513, reflecting a 12.24% increase from CNY 0.1348 in 2019[22]. - The diluted earnings per share also stood at CNY 0.1513, consistent with the basic earnings per share[22]. - The weighted average return on net assets was 4.86%, an increase of 0.32% from 4.54% in 2019[22]. Business Strategy and Focus - The company plans to focus on expanding its wireless communication module and solution business, moving away from the precision components business, which accounted for only 0.11% of revenue in 2020[21]. - The company’s main business focuses on wireless communication modules and IoT solutions, with products including 4G/5G modules and related technology development services[36]. - The company emphasizes R&D investment, with a commitment to maintaining technological leadership and product innovation as key drivers of business growth[37]. - The company aims to increase its market share in overseas markets, with a growing proportion of sales coming from international clients[37]. - The company plans to enhance R&D in 5G smart modules and solutions, focusing on applications in various sectors including financial POS and logistics[71]. - The company is focused on developing new products in various fields, including 5G intelligent modules and connected vehicle products, to maintain its competitive edge[114]. Market and Industry Trends - The IoT industry is projected to grow significantly, with global connections expected to reach 24.6 billion by 2025, representing a compound annual growth rate (CAGR) of 13%[38]. - The company anticipates rapid growth in the wireless communication and IoT sectors driven by the ongoing development of 5G networks, with a substantial increase in market capacity expected by 2030[109]. Research and Development - The R&D team is composed of professionals with extensive experience in the communication industry, ensuring high-quality product development[46]. - R&D expenses increased to 14,104,780 CNY, a growth rate of 65.59%, accounting for 12.58% of total revenue[54]. - The company's R&D investment increased by 22.86% to 180,322,203.61 CNY in 2020, representing 16.09% of total operating revenue[72]. Cash Flow and Investments - The company reported a significant increase in cash flow from operating activities in the fourth quarter, amounting to ¥103,476,197.56, compared to negative cash flow in the first quarter[27]. - Cash and cash equivalents increased by 39.88%, mainly from employee stock incentive payments received[42]. - The total cash inflow from operating activities was 1,155,216,473.42 CNY, reflecting a 22.45% increase from 943,425,509.35 CNY in the previous year[73]. - Cash flow from investment activities decreased by 37.27% to CNY 162.99 million compared to the same period last year[76]. - Cash inflow from financing activities increased by 103.22% to CNY 150.36 million, primarily due to increased cash received from investments[76]. Customer and Market Engagement - The company has established long-term partnerships with leading clients, enhancing its brand recognition and product shipment volume in the wireless communication module sector[41]. - The company's sales volume of wireless communication modules and solutions reached 7,488,837 units in 2020, a year-on-year increase of 51.98% compared to 4,927,405 units in 2019[62]. - The total revenue from the top five customers amounted to 579,952,002.83 CNY, which accounted for 51.74% of the annual total sales[66]. Financial Management and Shareholder Returns - The company distributed cash dividends of 3,652,702.92 CNY for the fiscal year 2020, representing 13.31% of the net profit attributable to ordinary shareholders[125]. - The cash dividend per share for 2020 was set at 0.20 CNY (tax included), based on a total share capital of 182,635,146 shares after accounting for treasury shares[128]. - The cash dividend payout ratio for 2020 was 100% of the distributable profit, which amounted to 115,058,217.00 CNY[128]. - The company has a clear profit distribution policy that protects the rights of minority shareholders and has been executed in compliance with its articles of association[124]. Compliance and Governance - The company has adhered to its commitments regarding stock repurchase and has not engaged in any share reduction during the specified commitment period[174]. - The company reported no major litigation or arbitration matters during the reporting period[188]. - The company did not engage in any related party transactions during the reporting period[197]. Future Outlook - The company expects a revenue growth of 20% for the next fiscal year, projecting total revenue to reach RMB 1.8 billion[140]. - Market expansion plans include entering three new international markets by the end of 2021, targeting a 10% market share in each[140].

Financial Performance - The company's revenue for Q1 2021 was ¥259,664,054.35, representing a 101.08% increase compared to ¥129,137,375.71 in the same period last year[8] - Net profit attributable to shareholders was ¥15,411,883.81, a significant increase of 264.77% from ¥4,225,072.41 year-over-year[8] - The basic earnings per share rose to ¥0.09, reflecting a 350.00% increase compared to ¥0.02 in the previous year[8] - Total operating revenue for the current period reached ¥259,664,054.35, a significant increase of 100.9% compared to ¥129,137,375.71 in the previous period[53] - Net profit for the current period was ¥15,411,883.81, compared to ¥4,225,072.41 in the previous period, representing an increase of 264.5%[59] - The company reported a total comprehensive income of ¥15,458,281.96, compared to ¥4,434,842.58 in the previous period, an increase of 249.5%[62] - The net profit for the current period is 7,535,612.07, compared to 3,666,956.71 in the previous period, representing an increase of approximately 105%[69] - The total comprehensive income for the current period is 7,535,612.07, compared to 3,666,956.71 in the previous period, which is an increase of about 105%[69] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥74,406,325.64, worsening by 55.97% from a negative ¥47,705,726.30 in the same period last year[8] - The company's cash and cash equivalents decreased by 40.25% to ¥130.10 million from ¥217.75 million due to increased inventory purchases and payments for electronic components[20] - The cash flow from operating activities showed a net outflow of -74,406,325.64, worsening from -47,705,726.30 in the previous period[73] - The company incurred a total cash outflow from operating activities of 394,035,967.86, compared to 228,015,809.87 in the previous period, indicating an increase of about 73%[77] - The company received cash from financing activities totaling 39,539,667.77, while cash outflow from financing activities was 66,123,348.68, resulting in a net cash flow of -26,583,680.91[76] - The net increase in cash and cash equivalents was -$94,110,359.28, compared to -$25,076,450.46 in the prior period[80] - The ending balance of cash and cash equivalents stood at $59,378,817.60, down from $84,250,975.87 in the previous period[80] Assets and Liabilities - Total assets at the end of the reporting period were ¥996,055,375.72, up 1.79% from ¥978,562,546.53 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 2.39% to ¥567,852,704.29 from ¥581,759,465.52 at the end of the previous year[8] - Current liabilities totaled CNY 426,232,421.26, an increase from CNY 394,682,420.53, reflecting a growth of approximately 8.5%[42] - Total liabilities reached CNY 428,202,671.43, up from CNY 396,803,081.01, indicating an increase of approximately 7.9%[42] - The company's total liabilities increased to ¥486,687,263.32 from ¥447,833,138.91, marking a rise of 8.3%[52] - Total equity decreased to ¥473,945,466.11 from ¥495,774,897.23, a decline of 4.4%[52] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,673[12] - Major shareholder Wang Ping held 42.69% of the shares, amounting to 78,771,200 shares, with 30,320,000 shares pledged[12] Inventory and Operating Costs - Inventory increased by 71.43% to ¥369.89 million from ¥215.77 million, reflecting higher stock levels of electronic components[20] - Total operating costs amounted to ¥242,246,308.08, up from ¥126,904,658.75, reflecting a rise of 91.1%[56] Government Subsidies and Other Income - The company received government subsidies amounting to ¥475,135.88 during the reporting period[8] - The company reported a 219.84% increase in other income to ¥2.23 million, mainly due to increased government subsidies[20] Research and Development - Research and development expenses for the current period were ¥15,356,470.18, compared to ¥13,645,445.50, an increase of 12.5%[56] Financial Expenses - The company experienced a significant increase in financial expenses by 159.53% to ¥0.58 million, primarily due to increased exchange rate losses[20] - The company's financial expenses included interest expenses of ¥375,844.43, compared to ¥60,477.08 in the previous period, reflecting a significant increase[63]

Financial Performance - Operating revenue for the period reached CNY 320,671,306.86, a year-on-year increase of 65.48%[7] - Net profit attributable to shareholders was CNY 10,386,795.92, reflecting a growth of 23.20% year-on-year[7] - The company reported a net profit of CNY 28,564,387.26 for the year-to-date, an increase of 13.31% compared to the previous year[7] - The net profit attributable to shareholders for 2018 is expected to range between ¥48 million and ¥70 million, reflecting a decrease of 14.72% to 24.37% compared to the previous year[21] Cash Flow and Assets - Net cash flow from operating activities surged by 210.17% to CNY 31,651,123.60[7] - The net cash flow from operating activities reached ¥59,350,789.95, a significant increase of 498.97% compared to the previous period, attributed to increased sales collections from self-owned brand modules[17] - The company's cash and cash equivalents at the end of the period amounted to ¥198,838,670.72, representing a year-on-year increase of 103.80% due to growth in sales collections[17] - Total assets increased by 20.37% to CNY 981,349,366.52 compared to the end of the previous year[7] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,573[11] - The largest shareholder, Wang Ping, holds 43.44% of the shares, with 78,771,200 shares pledged[11] Operating Costs and Revenue - Operating costs rose to ¥496,142,893.96, reflecting a year-on-year increase of 46.42% due to higher sales costs of self-owned brand modules[16] - The company's operating revenue increased to ¥605,392,803.08, a year-on-year growth of 36.99% driven by the sales of self-owned brand modules[16] Investment and Financing - The company reported an investment income of ¥4,250,304.09, marking a substantial year-on-year increase of 3,643.63% due to higher returns from bank financial products[16] - The company experienced a significant increase in short-term borrowings, which reached ¥99,393,212.70, up 80.66% due to increased financing needs from module business orders[17] Business Strategy and Market Impact - The company plans to expand its self-owned brand communication module business, which continues to grow rapidly, positively impacting operating profits[21] - The company reported a decrease in the gross margin of its precision components business due to a rising proportion of metal and glass materials in smartphones, impacting overall profit growth[22] Earnings and Returns - Basic earnings per share were CNY 0.0573, up 23.23% compared to the same period last year[7] - The weighted average return on net assets decreased by 2.45% to 5.67% year-to-date[7] - Non-recurring gains and losses totaled CNY 8,429,236.20 for the year-to-date[8] Capital Changes - The company has completed the registration capital change from ¥106.67 million to ¥181.33 million following the implementation of the 2017 profit distribution plan[18]

Financial Performance - The company's operating revenue for the first half of 2018 was ¥284,721,496.22, representing a 14.75% increase compared to ¥248,131,551.17 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2018 was ¥18,177,591.34, an increase of 8.34% from ¥16,777,531.30 in the previous year[20]. - The net cash flow from operating activities reached ¥27,699,666.35, showing a significant increase of 99.96% compared to ¥13,852,648.41 in the same period last year[20]. - The total assets at the end of the reporting period were ¥829,190,130.72, reflecting a 1.71% increase from ¥815,281,078.52 at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were ¥500,704,511.61, up 1.53% from ¥493,180,540.81 at the end of the previous year[20]. - The basic earnings per share for the first half of 2018 was ¥0.10, a decrease of 16.67% compared to ¥0.12 in the same period last year[20]. - The diluted earnings per share also stood at ¥0.10, down 16.67% from ¥0.12 in the previous year[20]. - The weighted average return on equity was 3.62%, a decrease of 3.47% from 7.09% in the same period last year[20]. - The net profit after deducting non-recurring gains and losses was ¥10,524,046.95, which is a decrease of 27.87% compared to ¥14,589,548.54 in the same period last year[20]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2018, representing a year-over-year growth of 25%[86]. - The company reported a significant increase in revenue, achieving a total of 423.47 million yuan in the first half of 2018, representing a year-on-year growth of 42.35%[99]. Revenue Breakdown - Revenue from the 4G technology application business reached 146.34 million yuan, representing an 81.41% increase year-on-year[39]. - The company's proprietary 4G communication module and terminal business generated 110.95 million yuan, a significant increase of 299.20% compared to the previous year[39]. - The precision components business saw a revenue decline of 26.79%, totaling 121.10 million yuan[39]. - The gross margin for the 4G module and terminal business was 19.17%, remaining stable compared to the previous year[40]. - The precision component business generated revenue of 121 million RMB during the reporting period, a decrease of 26.79% compared to the same period last year[70]. Cash Flow and Investments - Cash flow from operating activities surged by 99.96% to 27.70 million yuan, attributed to faster collection of sales payments[43]. - Cash and cash equivalents decreased by 22.10% to 94,191,682.44, accounting for 11.36% of total assets, compared to 33.46% in the previous year[52]. - The company raised a total of 20,875.65 million in funds, with 6,360.56 million already utilized, leaving 14,515.09 million unspent[58]. - The precision manufacturing intelligent transformation project has seen a cumulative investment of 869.34 million, achieving 15.55% of its total commitment of 5,591.00 million[60]. - The IoT module and technology solution project has a cumulative investment of 2,491.22 million, achieving 20.28% of its total commitment of 12,284.65 million[61]. - The company has terminated the investment in the precision manufacturing intelligent transformation project and redirected remaining funds to the narrowband IoT module and Android smart communication module R&D project[61]. Market and Product Development - The company is actively conducting research and development for 5G technology products, showcasing its commitment to innovation[33]. - The company’s precision components are primarily used in mobile smart terminal products, including smartphones and smart home devices[28]. - The company’s 4G communication module shipments doubled compared to the same period last year, indicating strong market acceptance[30]. - The company plans to continue promoting its products and technologies while enhancing operational efficiency to maintain positive business development[40]. - New product development includes the launch of a next-generation smart device expected to contribute an additional 200 million RMB in revenue by the end of 2018[89]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[6]. - The actual controller and shareholders have fulfilled their commitments during the reporting period, with specific commitments related to share restrictions in place until June 22, 2020[80]. - The company has a share transfer restriction where no more than 25% of the total shares held can be transferred during the first year after the lock-up period[84]. - The company has committed to not transferring shares for 6 months after resignation, ensuring stability in shareholding[84]. - The company has a commitment to disclose any changes in shareholding during the tenure of its executives[85]. Legal and Compliance - The company has not faced any media scrutiny during the reporting period, suggesting a positive public perception[101]. - The company has made commitments to fulfill its obligations regarding social insurance and housing funds, ensuring compliance with labor regulations[95]. - The company reported no related party transactions during the reporting period[104]. - There were no asset or equity acquisitions or sales related party transactions during the reporting period[105]. - The company did not engage in any joint external investment related party transactions during the reporting period[106]. Future Outlook - The company provided a positive outlook for the second half of 2018, projecting a revenue increase of 30% compared to the first half, driven by new product launches and market expansion efforts[88]. - The company plans to enhance its market expansion strategies and invest in new product development in the upcoming quarters[175]. - The company anticipates that the growth in its self-branded communication module business will positively impact operating profits[69]. - The company is focusing on technological advancements and innovation to drive future growth and profitability[175].