Dividend Distribution - The company plans to distribute a cash dividend of 2 RMB (including tax) for every 10 shares, with a capital reserve conversion of 3 shares for every 10 shares[7]. - The total number of shares for the dividend distribution is 160,005,000 shares[7]. - The cash dividend accounted for 28.71% of the net profit attributable to the company's ordinary shareholders for 2019, which was 111,454,634.18 yuan[140]. - The company distributed a cash dividend of 2.00 yuan per 10 shares (including tax) for the year 2019, with a total cash dividend amounting to 32,001,000 yuan[140]. - The company did not distribute any profits in 2017, while in 2018, it distributed a cash dividend of 2.5 yuan per 10 shares[140]. - The company’s profit distribution policy requires a minimum cash dividend ratio of 20% for growth stage companies with significant capital expenditure plans[141]. - The cash dividend total for the last three years was at least 30% of the average distributable profit achieved during that period[140]. - The company has not made any adjustments or changes to its cash dividend policy during the reporting period[140]. Financial Performance - The company's operating revenue for 2019 was CNY 866,905,597.39, representing a year-on-year increase of 0.34% compared to CNY 864,006,673.37 in 2018[27]. - The net profit attributable to shareholders of the listed company for 2019 was CNY 111,454,634.18, an increase of 14.81% from CNY 97,078,029.74 in 2018[27]. - The basic earnings per share for 2019 was CNY 0.6966, a decrease of 4.33% compared to CNY 1.0921 in 2018[30]. - Total assets at the end of 2019 were CNY 1,644,481,858.27, reflecting an increase of 11.41% from CNY 1,476,080,070.99 at the end of 2018[30]. - The net assets attributable to shareholders of the listed company increased by 7.02% to CNY 1,265,914,338.61 at the end of 2019, compared to CNY 1,182,901,459.89 at the end of 2018[30]. - The company reported a diluted earnings per share of CNY 0.6966 for 2019, down from CNY 1.0921 in 2018, indicating a decline of 4.33%[30]. - The weighted average return on equity for 2019 was 9.11%, a decrease of 2.80% from 11.91% in 2018[30]. - The company received government subsidies amounting to CNY 6,963,343.20 in 2019, compared to CNY 6,460,592.00 in 2018[38]. - The company reported a total of CNY 15,805,047.64 in non-recurring gains and losses for 2019, significantly higher than CNY 5,544,869.09 in 2018[38]. Research and Development - The company invested CNY 70.99 million in R&D, representing 8.19% of operating revenue, with an increase of 8.26% year-on-year[79]. - The company has established a risk management-based production model for civilian products, ensuring quality and efficiency in mass production[67]. - The company has formed strategic partnerships with research institutions to enhance its R&D capabilities and maintain a competitive edge in technology[68]. - The number of R&D personnel increased by 10.55% to 241, representing 41.62% of the total workforce[94]. - The company aims to achieve international first-class standards in time-frequency technology and domestic leadership in Beidou satellite applications through focused R&D efforts[126]. - The company plans to accelerate the development of new products, including series of laser-pumped small cesium atomic clocks and high-precision temperature-compensated crystal oscillators[127]. Market and Product Development - The company focuses on technological advancements and product development in the field of atomic clocks and timing systems[16]. - The company is actively involved in the development of satellite navigation systems, including the Beidou system[16]. - The company has developed a dynamic ECG recorder for home monitoring, which is currently in the market promotion stage after obtaining II class medical device registration[45]. - The company is a major supplier of rubidium atomic clocks in China, with technology performance reaching international advanced levels, and has been recognized in the international timekeeping community[51]. - The company has established a BeiDou navigation civil service center in Sichuan, providing services for emergency communication and disaster prevention[44]. - The company is expanding its market presence in the civilian sector, particularly in 5G-related time frequency products, driven by increasing demand[49][52]. - The company adopts a "standard products + customized products" model to meet diverse customer needs and enhance competitive advantages[45]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding market, technology, talent, and investment project risks[7]. - The board of directors has confirmed the accuracy and completeness of the financial report, ensuring no false statements or omissions[5]. - The company has fulfilled all commitments made by its actual controllers, shareholders, and related parties during the reporting period and as of the end of the reporting period[149]. - The company has established a commitment to comply with the regulations set by the China Securities Regulatory Commission regarding the reduction of shareholdings by major shareholders[152]. - The company has a structured approach to managing shareholder commitments, ensuring that any breaches are addressed promptly and transparently[162]. Shareholder Commitments and Governance - The controlling shareholder, China Electronics Technology Group Corporation No. 10 Research Institute, committed to strict adherence to all public promises made during the IPO process, accepting social supervision[162]. - The company will compensate investors for losses incurred due to any false records or misleading statements in the prospectus, as per regulatory and judicial determinations[162]. - The company has a long-term commitment to fulfill all promises made during the IPO process, ensuring transparency and accountability[160]. - The company will implement stock price stabilization measures if the stock price falls below the latest audited net asset value for 20 consecutive trading days[188]. - The controlling shareholder has an obligation to increase stock holdings, with a minimum increase amount of RMB 10 million, and failure to comply will result in cash compensation to the company[185].

Financial Performance - Operating revenue for the period was CNY 104,597,227.43, reflecting a year-on-year increase of 3.81%[9] - Net profit attributable to shareholders was CNY 5,285,951.87, up 6.05% year-on-year[9] - Basic earnings per share decreased by 11.76% to CNY 0.0330[9] - Total operating revenue for the current period reached ¥104,597,227.43, an increase from ¥100,761,441.85 in the previous period, representing a growth of approximately 3.4%[47] - Net profit attributable to the parent company was ¥5,285,951.87, compared to ¥4,984,510.25 in the previous period, reflecting a growth of approximately 6.0%[53] - Net profit for the current period was ¥34,474,913.85, compared to ¥32,164,538.70 in the previous period, reflecting a growth of approximately 7.18%[60] - The total profit for the current period was ¥37,314,020.96, compared to ¥35,412,059.53 in the previous period, reflecting an increase of about 5.37%[60] Cash Flow - Net cash flow from operating activities was negative at CNY -63,236,534.96, a decrease of 16.19% year-on-year[9] - The company reported a significant decrease in net increase in cash and cash equivalents by 204.96% to -¥396,444,904.85 from ¥377,717,341.60, largely due to investments in financial products[24] - Cash flow from operating activities showed a net outflow of ¥149,051,093.55, worsening from a net outflow of ¥44,039,412.53 in the previous period[68] - Cash inflow from investment activities totaled $822,892,986.32, while cash outflow amounted to $1,046,660,899.39, resulting in a net cash flow of -$223,767,913.07 from investment activities[71] - The net cash flow from financing activities was -$23,625,898.23, with total cash inflows of $5,475,248.61 and outflows of $29,101,146.84[71] - The ending balance of cash and cash equivalents was $113,148,466.33, down from an initial balance of $509,593,371.18, reflecting a net decrease of $396,444,904.85[74] Assets and Liabilities - Total assets increased by 4.00% to CNY 1,535,191,295.25 compared to the end of the previous year[9] - Cash and cash equivalents decreased by 77.48% to ¥115,990,444.93 from ¥515,055,588.44 due to the purchase of principal-protected floating income financial products[23] - Accounts receivable decreased by 43.38% to ¥71,773,357.00 from ¥126,773,835.13, primarily due to the maturity and endorsement transfer of initial notes[23] - Inventory increased by 70.75% to ¥493,980,855.65 from ¥289,295,975.03, reflecting stockpiling of raw materials based on production plans[23] - The company’s total liabilities increased, with accounts payable rising by 85.39% to ¥214,622,642.33 from ¥115,767,663.91, driven by raw material purchases[23] - Total liabilities amounted to ¥344,482,421.51, up from ¥293,178,611.10, indicating a growth of about 17.5%[43] - Total equity attributable to shareholders of the parent company was ¥1,190,708,873.74, slightly increasing from ¥1,182,901,459.89[46] Research and Development - Research and development expenses rose by 46.00% to ¥42,678,394.17 from ¥29,232,495.46, attributed to increased spending on technology reserves and new product development[23] - Research and development expenses increased significantly to ¥11,270,553.38 from ¥6,910,547.44, marking an increase of approximately 63.8%[50] Financial Activities - Government subsidies recognized in the current period amounted to CNY 2,831,433.64[9] - The company reported a financial expense of -¥245,960.92, showing a slight improvement from -¥259,125.73 in the previous period[50] - The company reported a financial income of ¥1,370,171.87, compared to ¥741,971.47 in the previous period, indicating an increase of approximately 84.88%[57] Shareholder Information - The top shareholder, China Electronics Technology Group Corporation, holds 43.30% of shares[14] - The company’s capital stock increased by 50.00% to ¥160,005,000.00 from ¥106,670,000.00, following a profit distribution plan[23] Other Information - The company did not undergo an audit for the third quarter report, indicating that the financial statements are unaudited[74] - The company has not applied new financial instrument standards or new leasing standards for the current reporting period[74]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥330,536,013.90, representing a 2.20% increase compared to ¥323,423,262.17 in the same period last year[26]. - The net profit attributable to shareholders of the listed company was ¥29,188,961.98, an increase of 7.39% from ¥27,180,028.45 in the previous year[26]. - The company reported a decrease of 3.20% in net profit after deducting non-recurring gains and losses, amounting to ¥24,264,767.85 compared to ¥25,067,648.03 in the previous year[26]. - Basic earnings per share decreased by 19.47% to ¥0.1824 from ¥0.2265 in the previous year[26]. - The company reported a total comprehensive income of CNY 29,188,961.98, which is the same as the net profit, indicating no other comprehensive income items for the period[189]. - The net profit for the first half of 2019 was CNY 29,188,961.98, an increase of 7.4% compared to CNY 27,180,028.45 in the same period of 2018[189]. - The income tax expense for the period was CNY 1,733,555.07, significantly lower than CNY 4,040,184.45 in the same period of the previous year, reflecting a decrease of approximately 57.1%[189]. Cash Flow and Assets - The net cash flow from operating activities was -¥85,814,558.59, a significant decrease of 373.16% compared to ¥31,416,066.22 in the same period last year[26]. - The net cash flow from investing activities was RMB -215,780,468.65, reflecting an increase of 1,859.26% due to the purchase of principal-protected floating income financial products[64]. - The net increase in cash and cash equivalents was RMB -325,901,296.29, a decrease of 1,670.43% compared to RMB 20,752,406.47 in the previous year[64]. - The company's cash and cash equivalents at the end of the reporting period were RMB 187,214,424.31, accounting for 12.32% of total assets[68]. - The company's current assets totaled CNY 1,445,855,398.93 as of June 30, 2019, slightly up from CNY 1,413,813,012.70 at the end of 2018, reflecting a growth of approximately 2.3%[175]. - Cash and cash equivalents decreased significantly to CNY 187,214,424.31 from CNY 515,055,588.44 at the end of 2018, a decline of about 63.7%[172]. Investments and R&D - Research and development investment reached RMB 31.41 million, up 40.70% year-on-year, accounting for over 9.50% of total revenue[58]. - The company has ongoing projects in the fields of atomic clock industrialization and time synchronization, with total investments of RMB 2,168,208.33 and RMB 3,075,804.68 respectively, both currently in the construction phase[71]. - The company plans to enhance its core competitiveness and market responsiveness to address increasing competition in the high-precision timing and frequency products market[91]. - The company aims to strengthen its research capabilities by establishing joint laboratories and enhancing technology transfer capabilities through the implementation of its technology R&D center projects[93]. Market Position and Products - The company has a complete product line in time frequency products, including atomic clocks and crystal devices, and is a major supplier in both military and civilian sectors[36]. - The company is recognized as one of the few domestic manufacturers of atomic clocks, with its rubidium atomic clock achieving international advanced levels[41]. - The company’s competitive advantage in the Beidou satellite application field includes being the first to launch Beidou satellite watches in China, recognized as a well-known brand[43]. - The Beidou satellite watch is recognized by the military as a standard timepiece, enhancing synchronization in joint operations[38]. - The company is expanding its market presence in military and civilian applications, particularly in aerospace, satellite navigation, and defense equipment[58]. Shareholder Information - The largest shareholder, China Electronics Technology Group Corporation, holds 43.30% of the total shares, amounting to 69,283,020 shares[149]. - The second largest shareholder, Fuxin Ruihe Investment Consulting (Beijing) Co., Ltd., owns 3.96% of the shares, totaling 6,339,622 shares[149]. - The total number of ordinary shareholders at the end of the reporting period is 16,316[149]. - The total shares held by the top 10 shareholders account for a significant portion of the company's equity, with the largest shareholder alone holding over 43%[149]. Related Party Transactions - The company reported a total of 19,130.06 million CNY in related party transactions during the reporting period, with a significant portion (17.26%) related to leasing agreements[115]. - The company engaged in sales of electronic products with China Electronics Technology Group Corporation's 10th Research Institute, amounting to 15,223.04 million CNY, representing 46.06% of similar transactions[110]. - The company has adhered to market pricing principles for all related party transactions, ensuring compliance with competitive market standards[116]. Other Financial Information - The company has not reported any major asset or equity sales during the reporting period[89]. - The company has not engaged in any share repurchase activities during the reporting period[142]. - The company has no significant guarantees or major contracts during the reporting period, indicating a stable financial position[129][130]. - The half-year financial report has not been audited[99].

成都天奥电子股份有限公司 2018 年年度报告全文 成都天奥电子股份有限公司 2018 年年度报告 2019 年 04 月 1 成都天奥电子股份有限公司 2018 年年度报告全文 公积金向全体股东每 10 股转增 5 股。 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人徐建平、主管会计工作负责人陈静及会计机构负责人(会计主管 人员）李富丽声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本年度报告中所涉及的未来计划、发展战略等前瞻性描述，不代表公司盈 利预测，不构成公司对投资者的实质承诺，投资者及相关人士均应对此保持足 够的风险认识，并且应当理解计划、预测与承诺之间的差异。请投资者注意投 资风险。 本公司请投资者认真阅读本年度报告全文，并特别注意市场风险、技术风 | --- | |------------------------------------------------------------------------ ...

Financial Performance - The company's operating revenue for Q1 2019 was ¥40,847,928.89, representing a 23.29% increase compared to ¥33,131,170.27 in the same period last year[9]. - The net profit attributable to shareholders was -¥14,935,216.73, a 9.58% improvement from -¥16,518,122.91 year-over-year[9]. - The basic earnings per share decreased by 32.20% to -¥0.14 from -¥0.2065 in the same quarter last year[9]. - Net profit for the current period was -¥14,935,216.73, an improvement from -¥16,518,122.91 in the previous period, indicating a reduction in losses[47]. - Basic and diluted earnings per share were both -¥0.14, compared to -¥0.2065 in the previous period[49]. Cash Flow - The net cash flow from operating activities was -¥99,613,653.49, which is a 41.40% decline compared to -¥70,450,146.43 in the previous year[9]. - Cash inflow from operating activities totaled ¥58,102,552.26, down from ¥72,431,196.76 in the previous period[51]. - Cash outflow from operating activities was ¥157,716,205.75, an increase from ¥142,881,343.19 in the previous period[51]. - The net cash flow from operating activities was -$99.61 million, compared to -$70.45 million in the previous period[57]. - The net cash flow from investing activities was -$201.84 million, significantly down from -$3.46 million in the previous period[57]. - The total cash inflow from financing activities was $2.29 million, while the cash outflow was $1.38 million, resulting in a net cash flow of $0.92 million[60]. - The net increase in cash and cash equivalents was -$300.53 million, compared to -$113.59 million in the previous period[60]. - The ending cash and cash equivalents balance was $209.06 million, down from $509.59 million at the beginning of the period[60]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,477,575,472.60, a slight increase of 0.10% from ¥1,476,080,070.99 at the end of the previous year[9]. - Total liabilities rose to ¥309,609,229.44 from ¥293,178,611.10, reflecting an increase in current liabilities[40]. - The total equity attributable to shareholders of the parent company was ¥1,167,966,243.16, a slight decrease from ¥1,182,901,459.89[43]. - The total liabilities and equity amounted to ¥1,477,575,472.60, compared to ¥1,476,080,070.99 in the previous period[43]. Shareholder Information - The company reported a total of 15,379 common shareholders at the end of the reporting period[13]. - The largest shareholder, China Electronics Technology Group Corporation, holds 43.30% of the shares, totaling 46,188,680 shares[14]. Research and Development - Research and development expenses surged by 448.33% to ¥5,192,547.87, driven by increased spending on technology reserves and new product development[23]. - Research and development expenses increased significantly to ¥5,192,547.87 from ¥946,982.94, reflecting a growth of 448.5%[47]. Government Support and Income - The company received government subsidies amounting to ¥631,909.56 during the reporting period[9]. - The company received investment income of ¥1,113,698.64 from matured financial products, marking a significant increase from the previous year[23]. Other Financial Metrics - The weighted average return on net assets improved by 1.49% to -1.27% compared to -2.76% in the previous year[9]. - The company reported a 914.45% increase in taxes and surcharges to ¥9,840.13 due to higher VAT provisions[23]. - Total operating costs amounted to ¥57,538,827.59, up 14.4% from ¥50,315,302.76 in the previous period[44]. - The company reported a net cash inflow of ¥741,790.63 from other operating activities, compared to ¥315,365.26 in the previous period[54]. Audit Information - The company did not undergo an audit for the first quarter report[61].

成都天奥电子股份有限公司 2018 年第三季度报告正文 证券代码：002935 证券简称：天奥电子 公告编号：2018-014 成都天奥电子股份有限公司 2018 年第三季度报告正文 1 成都天奥电子股份有限公司 2018 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人徐建平、主管会计工作负责人陈静及会计机构负责人(会计主管 人员)李富丽声明：保证季度报告中财务报表的真实、准确、完整。 2 成都天奥电子股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,435,838,904.62 | 931,449,031.82 | | 54.15% | | 归属于上 ...

成都天奥电子股份有限公司 2018 年第三季度报告正文 证券代码：002935 证券简称：天奥电子 公告编号：2018-014 成都天奥电子股份有限公司 2018 年第三季度报告正文 1 成都天奥电子股份有限公司 2018 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人徐建平、主管会计工作负责人陈静及会计机构负责人(会计主管 人员)李富丽声明：保证季度报告中财务报表的真实、准确、完整。 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,435,838,904.62 | 931,449,031.82 | | 54.15% | | 归属于上市公司股东的净资产 | 1,117,987,968.85 | 607,098,968.07 | | 84.15% | | （元） | | | | | | ...