鹏鼎控股（深圳）股份有限公司 2021 年年度报告全文 鹏鼎控股（深圳）股份有限公司 2021 年年度报告 董事长: 沈庆芳 2022 年 03 月 1 鹏鼎控股（深圳）股份有限公司 2021 年年度报告全文 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。 公司负责人沈庆芳、主管会计工作负责人萧得望及会计机构负责人(会计主 管人员)王勖华声明：保证本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。 本报告涉及未来计划等前瞻性描述，不构成公司对投资者的实质承诺，请 投资者注意投资风险。 公司生产经营状况、财务状况和持续盈利能力不存在重大风险因素。公司 已在本年度报告中具体描述了公司可能面对的风险因素及应对策略，敬请投资 者关注"第三节经营情况讨论与分析十一、公司未来发展的展望（五）可能面临 的风险和应对措施"。 公司经本次董事会审议通过的利润分配预案为：以 2,321,155,816 为基数， 向全体股东每 10 股派发现金红利 5.00 元（含税 ...

Financial Performance - Operating revenue for the reporting period was CNY 7,351,097,010.67, down 8.10% year-on-year [4]. - Net profit attributable to shareholders was CNY 587,346,954.03, a decrease of 46.26% compared to the same period last year [4]. - Basic earnings per share were CNY 0.26, down 44.68% year-on-year [4]. - The weighted average return on equity decreased to 2.96%, down 3.12 percentage points from the previous year [4]. - Total operating revenue for the current period reached CNY 17,465,866,117.39, an increase from CNY 17,337,440,640.72 in the previous period [41]. - Net profit for the current period was CNY 1,381,589,452.18, down from CNY 1,702,283,563.31 in the previous period, representing a decrease of approximately 18.8% [42]. - Comprehensive income totalled CNY 1,345,089,307.28, compared to CNY 1,718,832,016.26 in the previous period, indicating a decline of about 21.6% [42]. - The company reported a total profit of CNY 1,593,419,860.75 for the current period, down from CNY 2,052,334,928.61 in the previous period, a decrease of approximately 22.3% [41]. Cash Flow - Net cash flow from operating activities increased by 253.00% to CNY 1,249,723,657.00 [4]. - Cash flow from operating activities generated CNY 3,853,210,055.45, an increase from CNY 2,408,035,089.51 in the previous period, showing a growth of about 60.3% [45]. - The net cash flow from operating activities for the current period is ¥1,090,468,447.24, a decrease of 37.0% compared to ¥1,728,045,588.16 in the previous period [47]. - Total cash inflow from investment activities is ¥1,467,928,177.27, significantly higher than ¥604,625,306.33 in the previous period, indicating a strong recovery in investment receipts [48]. - The net cash flow from financing activities is -¥1,951,440,451.11, compared to -¥1,708,883,333.02 in the previous period, reflecting increased debt repayments [48]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 28,247,940,253.20, a decrease of 2.11% compared to the end of the previous year [4]. - Cash and cash equivalents decreased by 40.90% to RMB 4,013,492,283.79 from RMB 6,790,787,684.98 due to repayment of short-term loans [10]. - Total liabilities decreased to ¥8,143,279,612.90 from ¥9,026,932,916.16, a reduction of about 9.8% [33]. - The company's equity attributable to shareholders rose to ¥20,099,539,387.99 from ¥19,829,254,992.49, an increase of approximately 1.4% [33]. - The total liabilities amounted to CNY 9,026,932,916.16, with total equity at CNY 19,829,254,992.49 [53]. Inventory and Receivables - Inventory increased by 79.76% to RMB 3,592,950,311.23 from RMB 1,998,728,865.45 as a result of increased stocking to meet customer demand [10]. - Accounts receivable stood at ¥5,080,898,763.37, down from ¥6,183,179,207.66, indicating a reduction of about 17.8% [32]. - Other receivables decreased by 87.67% to ¥36,185,218.27, mainly due to the completion of export tax rebates [64]. Investments and Capital Expenditures - Cash paid for the purchase of fixed assets increased by 61.38% to RMB 3,897,180,353.32 from RMB 2,414,941,969.14 due to increased capital expenditures [13]. - The company has invested RMB 58.44 million in the flexible PCB expansion project, achieving 58.09% of the planned investment [23]. - The company has invested RMB 33.16 million in the high-end HDI PCB expansion project, achieving 82.11% of the planned investment [23]. - The company purchased approximately 330 acres of land in Huai'an for future production base investment, with a purchase cost of approximately RMB 66 million, completed in October 2020 [18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,419 [7]. - The largest shareholder, Meigang Industrial Co., Ltd., held 66.38% of the shares [7]. - The company has not engaged in any repurchase transactions among the top ten shareholders during the reporting period [62]. Government Subsidies and Other Income - Government subsidies recognized in the current period amounted to CNY 149,718,947.51 [5]. - Other income increased by 51.27% to RMB 149,718,947.51 from RMB 98,975,830.02 mainly due to increased government subsidies [11]. Financial Expenses - Financial expenses decreased by 93.73% to -RMB 10,172,563.27 from -RMB 162,320,019.33 primarily due to increased exchange losses [11]. - Investment income decreased by 85.73% to 3,999,902.01 from 28,022,840.20, mainly due to reduced investment in financial products [65].

Financial Performance - The company's operating revenue for the first half of 2020 was ¥10,114,769,106.72, representing an increase of 8.31% compared to ¥9,338,660,786.33 in the same period last year[11]. - The net profit attributable to shareholders of the listed company was ¥791,621,245.84, a growth of 29.92% from ¥609,314,448.49 year-on-year[11]. - The net profit after deducting non-recurring gains and losses reached ¥757,662,467.11, up 44.32% from ¥524,980,457.14 in the previous year[11]. - The net cash flow from operating activities was ¥2,603,486,398.45, reflecting a 26.75% increase compared to ¥2,054,005,163.90 in the same period last year[11]. - Basic earnings per share increased to ¥0.34, a rise of 30.77% from ¥0.26 in the previous year[11]. - Total revenue for the reporting period reached ¥10,114,769,106.72, representing an 8.31% increase compared to ¥9,338,660,786.33 in the same period last year[36]. - The gross profit margin for the printed circuit board industry was 20.96%, up by 1.01% from the previous year[37]. - The company reported a total comprehensive income for the first half of 2020 of ¥297,498,410.77, down from ¥488,616,719.89 in the same period of 2019, indicating a decline of about 39.1%[138]. Assets and Liabilities - Total assets at the end of the reporting period were ¥27,749,296,640.13, down 3.84% from ¥28,856,187,908.65 at the end of the previous year[11]. - The net assets attributable to shareholders of the listed company decreased to ¥19,525,739,724.08, a decline of 1.53% from ¥19,829,254,992.49 at the end of the previous year[11]. - Cash and cash equivalents at the end of the reporting period amounted to ¥7,086,081,011.55, representing 25.54% of total assets, an increase from 24.15% year-on-year[40]. - Total liabilities decreased to approximately CNY 8.22 billion from CNY 9.03 billion, a reduction of about 9.01%[132]. - The company's equity attributable to shareholders decreased to approximately CNY 19.53 billion from CNY 19.83 billion, a decline of about 1.48%[132]. Investments and Capital Expenditures - The company invested ¥2,038,328,051.02 during the reporting period, a 4.98% increase compared to ¥1,941,703,555.29 in the same period last year[44]. - The investment progress for the flexible multilayer printed circuit board expansion project is 50.51%, with 121,228.02 million CNY cumulatively invested[50]. - The company plans to increase investments in assembly operations in India to accelerate global expansion[31]. - The company reported a total capital increase of approximately RMB 829.44 million (USD 12.06 million) from six domestic employee stock ownership platforms and two overseas platforms[72]. Research and Development - The company has accumulated a total of 743 domestic and international patents as of June 30, 2020, reflecting its strong R&D capabilities[23]. - In the first half of 2020, the company's R&D investment reached CNY 469 million, accounting for 4.64% of operating revenue, with a total of 43 patents obtained during the period[29]. - Research and development expenses were ¥469,175,411.44, down 14.8% from ¥550,510,430.69 in the first half of 2019[135]. Environmental and Social Responsibility - The company invested RMB 149 million in environmental protection in the first half of 2020, demonstrating its commitment to sustainability[26]. - The company has been recognized as a "Green Card Enterprise" for five consecutive years, highlighting its strong environmental performance[26]. - A total of 18 million yuan was donated for targeted poverty alleviation efforts in Guangxi Province[97]. - The company signed a framework agreement for village-enterprise pairing to support poverty alleviation initiatives[97]. Risk Management - The company faces no significant risk factors affecting its production, operation, financial status, or ongoing profitability[3]. - The company is facing risks from the COVID-19 pandemic, U.S.-China trade tensions, raw material shortages, currency fluctuations, and rapid industry changes, and has outlined measures to mitigate these risks[59][60][61][63]. Shareholder and Stock Information - The largest shareholder, Meigang Industrial Co., Ltd., holds 66.38% of the shares, totaling 1,534,242,198 shares[114]. - The company has committed to stabilizing its stock price if it falls below the net asset value per share for 20 consecutive trading days, including measures such as stock repurchase and shareholding increases by major shareholders[67]. - The company has no significant litigation or arbitration matters during the reporting period, indicating a stable legal environment[69]. Accounting and Financial Reporting - The financial report for the first half of 2020 was not audited, which may affect the reliability of the financial data presented[69]. - The company’s financial reporting includes provisions for foreign currency transactions and the translation of foreign financial statements[165]. - The company recognizes expected credit losses based on historical data, current conditions, and future economic forecasts[169]. - The company adopted the revised "Accounting Standards for Enterprises No. 14 - Revenue" effective from June 30, 2020, impacting the financial statements for the first half of 2020[200].