证券代码：002952 证券简称：亚世光电 公告编号：2023-047 亚世光电（集团）股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 亚世光电（集团）股份有限公司（以下简称"公司"）于 2023 年 4 月 26 日 召开第四届董事会第九次会议，审议通过了《关于使用闲置募集资金进行现金管 理的议案》，同意公司及实施募投项目的子公司在确保不影响募集资金投资项目 建设和募集资金使用、并有效控制风险的前提下，使用部分闲置募集资金不超过 人民币 24,000 万元进行现金管理，同时，授权董事长在上述额度内行使决策权， 授权期限为自公司第四届董事会第九次会议审议通过之日起十二个月内有效，在 上述额度及决议有效期内，资金可以循环滚动使用。具体内容详见公司 2023 年 4 月 27 日披露于《中国证券报》、《上海证券报》、《证券时报》和公司指定信息 披露网站巨潮资讯网（http://www.cninfo.com.cn）的《关于使用闲置募集资金进 行现金管理的公告》（公告编号：2023-029）。 一、到期赎回 ...

证券代码：002952 证券简称：亚世光电 公告编号：2023-046 一、股东股份质押展期的基本情况 上述股份原质押情况详见公司于 2022 年 8 月 10 日在指定信息披露媒体《证券时 报》、《中国证券报》、《上海证券报》和巨潮资讯网（http://www.cninfo.com.cn）上 披露的相关公告。 上述质押股份不存在被用作重大资产重组业绩补偿等事项的担保或其他保障用途 的情形。 二、股东股份累计质押基本情况 截至本公告披露日，林雪峰先生所持质押股份情况如下： 关于股东部分股份质押展期的公告 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。 亚世光电（集团）股份有限公司（以下简称"公司"）于近日接到公司股东林雪 峰先生（公司董事、副总裁）关于其所持有的本公司部分股份办理了质押展期业务的 通知，具体事项如下： | 股东 名称 | 是否为控 股股东或 第一大股 东及其一 | | 本次质押 展期股数 （股） | 占其所 持股份 比例 | 占公司 总股本 比例 | 是否 为限 售股 | 是否 为补 充质 | 原质 押起 始日 | 原质 押到 期日 | 展期 ...

Financial Performance - The company's revenue for Q1 2023 was ¥191,941,244.85, representing a 16.79% increase compared to ¥164,342,233.34 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was ¥16,998,004.94, a significant increase of 77.83% from ¥9,558,715.51 in the previous year[4] - The company's net profit for Q1 2023 reached CNY 17,174,512.34, a significant increase of 86.5% compared to CNY 9,205,624.64 in Q1 2022[20] - Operating profit for the quarter was CNY 19,421,049.66, up from CNY 10,346,661.83 in the same period last year, reflecting an increase of 87.5%[20] - Total comprehensive income for the period was CNY 17,174,512.34, compared to CNY 9,205,624.64 in the previous year, indicating strong growth[21] Cash Flow - The net cash flow from operating activities reached ¥58,461,956.65, a remarkable increase of 478.97% compared to -¥15,426,539.88 in Q1 2022[9] - The company reported a net cash flow from operating activities of CNY 58,461,956.65, a turnaround from a negative cash flow of CNY -15,426,539.88 in the previous year[24] - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 145,298,392.26, up from CNY 126,590,193.32 at the beginning of the year[15] - Cash and cash equivalents at the end of the period totaled CNY 145,298,392.26, up from CNY 61,757,062.11 at the end of the previous year[25] - The company reported a decrease in investment activities cash flow net amounting to CNY -35,195,491.40, compared to CNY -38,523,885.50 in the previous year[24] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,227,361,727.00, a decrease of 2.38% from ¥1,257,302,878.12 at the end of the previous year[4] - Total assets as of March 31, 2023, were CNY 1,227,361,727.00, down from CNY 1,257,302,878.12 at the beginning of the year[17] - Total liabilities decreased to CNY 279,700,651.04 from CNY 325,120,186.50, indicating a reduction in financial obligations[17] Equity - The company’s total equity attributable to shareholders increased by 1.69% to ¥921,343,852.90 compared to ¥906,041,975.96 at the end of the previous year[4] - The company's equity attributable to shareholders increased to CNY 921,343,852.90 from CNY 906,041,975.96, showing growth in shareholder value[17] Expenses - The company reported a significant increase in sales expenses, which rose by 127.73% to ¥5,312,723.65 due to increased overseas sales commissions[8] - Financial expenses surged by 204.62% to ¥3,428,636.33, primarily due to exchange losses from fluctuations in the USD/RMB exchange rate[8] - The total operating expenses increased to CNY 153,164,172.27 from CNY 138,149,936.04 in the previous year, reflecting a rise of 10.5%[20] - The company incurred research and development expenses of CNY 7,276,817.09, slightly down from CNY 7,913,048.29 in the previous year[20] Accounts Receivable and Inventory - The company experienced a 40.14% decrease in accounts receivable, totaling ¥147,997,115.97, mainly due to the collection of overdue payments from last year's electronic paper products[7] - Accounts receivable decreased to CNY 147,997,115.97 from CNY 247,251,364.08 at the beginning of the year, indicating improved collection efficiency[15] - Inventory decreased to CNY 351,171,448.33 from CNY 369,185,891.35, reflecting better inventory management[15] Share Buyback and Product Development - The company repurchased 2,000,000 shares, completing the buyback program[12] - The company has not disclosed any new product developments or market expansion strategies in this report[12]

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2022, reflecting a year-on-year increase of 15%[19]. - The net profit attributable to shareholders for 2022 was 200 million RMB, representing a growth of 10% compared to the previous year[19]. - The company's operating revenue for 2022 was ¥884,681,102.68, representing a 44.93% increase compared to ¥610,415,193.53 in 2021[20]. - Net profit attributable to shareholders for 2022 reached ¥121,538,762.69, a significant increase of 164.35% from ¥45,977,136.30 in 2021[20]. - The total revenue for 2022 was 44,940 million, an increase from 43,059 million in the previous year, representing a growth of approximately 4.4%[109]. - The company reported a net profit of 1,881 million for 2022, compared to 1,958 million in 2021, indicating a decrease of about 4.0%[109]. Research and Development - The company has invested 100 million RMB in R&D for new technologies and products in 2022, aiming to enhance its competitive edge in the market[19]. - Research and development investment for 2022 amounted to ¥33,102,880.51, which is a 50.30% increase year-on-year[42]. - The company holds a total of 109 domestic patents, including 16 invention patents and 93 utility model patents[40]. - The company has a strong R&D team with extensive industry experience, enabling it to quickly adapt to market changes and customer demands[38]. - The company increased its R&D personnel by 23.64% from 165 in 2021 to 204 in 2022, with R&D personnel now accounting for 8.36% of the total workforce[61]. Market Expansion and Strategy - The company is exploring market expansion opportunities in Southeast Asia, targeting a 30% increase in market share in the region by 2025[19]. - The company plans to expand its market presence in Southeast Asia, targeting a 20% increase in sales in that region by 2024[124]. - The company plans to accelerate project progress in 2023, aiming to reach operational status for the customized optoelectronic display component production line project[80]. - The company aims to strengthen its technological investment in the electronic paper industry to improve product yield and sales scale[88]. Product Development and Innovation - The company has completed the development of a semi-reflective liquid crystal display project aimed at enhancing product performance and meeting diverse market needs[58]. - The company developed a new TFT LCD module with light sensor and touch functionality, optimizing module structure and reducing assembly costs[60]. - The company successfully implemented a large-size electronic ink screen project, enhancing product innovation and market competitiveness[61]. - The company has invested in automation and intelligent production lines to improve product quality and production capacity, which is expected to significantly enhance revenue and profitability[32]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of 4.00 RMB per 10 shares to all shareholders, based on a total share capital of 162,340,000 shares after excluding 2,000,000 repurchased shares[5]. - The company distributed cash dividends of RMB 26,294,400, with a dividend of RMB 1.60 per 10 shares based on a total share capital of 164,340,000 shares[130]. - The company is committed to a shareholder return plan, aiming to distribute 200 million in dividends over the next three years[124]. Financial Position and Assets - The total assets at the end of 2022 amounted to ¥1,257,302,878.12, reflecting a 19.46% increase from ¥1,052,483,485.78 at the end of 2021[20]. - The net assets attributable to shareholders at the end of 2022 were ¥906,041,975.96, an increase of 8.73% from ¥833,304,354.00 at the end of 2021[20]. - The company reported a weighted average return on equity of 14.01% for 2022, up from 5.53% in 2021[20]. Operational Efficiency - The company plans to enhance its supply chain efficiency, aiming for a 15% reduction in operational costs by the end of 2023[19]. - The company has implemented a systematic talent development mechanism to ensure a skilled workforce, which is crucial for its long-term growth and competitive advantage[38]. - The company has established a production model based on "order production," characterized by small batch, multi-variety, and customization, ensuring efficient response to customer needs[35]. Risks and Challenges - The company faces risks related to raw material supply, customer concentration, and overseas market fluctuations, which could impact operational performance[94]. - The company faces risks from exchange rate fluctuations, particularly due to high overseas sales denominated in USD, which could negatively impact revenue when converted to RMB[95]. - The domestic economic growth is slowing, and increasing macroeconomic uncertainties, including geopolitical conflicts, may adversely affect the company's operations and market expansion[95]. Corporate Governance - The management team remains stable with no changes in key personnel during the reporting period[108]. - The board of directors includes experienced professionals with diverse backgrounds in engineering, finance, and management[110]. - The company has a structured remuneration management system for its internal directors and senior management[116]. - The company has not reported any penalties from securities regulatory agencies for its directors and supervisors in the last three years[115].

证券代码：002952 证券简称：亚世光电 公告编号：2023-036 亚世光电（集团）股份有限公司 关于举行 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提 前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2022 年 5 月 11 日（星期四）15:00 前将所关注问题通过发送电子邮件（邮箱： yesdongban@yes-lcd.com）的方式联系公司，公司将在 2022 年度业绩说明会上对 投资者普遍关注的问题进行回复交流，欢迎广大投资者积极参与。 特此公告。 亚世光电（集团）股份有限公司 董事会 2023 年 4 月 27 日 亚世光电（集团）股份有限公司（以下简称 "公司"）将于 2023 年 5 月 12 日（星期五）15：00-17：00 在全景网举行 2022 年度业绩说明会，本次年度 业绩说明会将采用网络远程的方式举行，投资者可登陆全景网"投资者关系互动 平台"（http://ir.p5w.net）参与本次年度业绩说 ...

Financial Performance - Revenue for Q3 2022 reached ¥233,316,496.20, an increase of 39.42% year-over-year[5] - Net profit attributable to shareholders was ¥37,282,096.71, up 158.80% compared to the same period last year[5] - Net profit excluding non-recurring items was ¥36,537,570.10, reflecting a significant increase of 338.83% year-over-year[5] - Basic earnings per share for the quarter was ¥0.2278, representing a growth of 159.75% compared to the previous year[5] - Operating revenue increased by 47.85% to ¥423,359,378.20 compared to the same period last year, driven by higher order volumes in LCD and electronic paper display businesses[15] - The company reported a net profit increase, with retained earnings growing to ¥309,474,790.21 from ¥249,981,509.74, an increase of about 23.8%[32] - The company's net profit for the current period reached ¥87,121,133.51, a significant increase from ¥37,434,994.38 in the previous period, representing a growth of approximately 132.8%[35] - The total comprehensive income for the current period was ¥87,121,133.51, compared to ¥37,434,994.38 in the previous period, showing a growth of about 132.8%[36] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,207,781,868.31, a 14.76% increase from the end of the previous year[5] - Total assets increased to ¥1,207,781,868.31 as of September 30, 2022, up from ¥1,052,483,485.78 at the beginning of the year, representing a growth of approximately 14.7%[26] - Total liabilities rose to ¥311,168,168.01, compared to ¥219,179,131.29 at the beginning of the year, indicating an increase of about 42%[32] - Current assets totaled ¥993,303,669.68, up from ¥886,521,558.46, reflecting an increase of approximately 12%[26] - Non-current assets amounted to ¥214,478,198.63, an increase from ¥165,961,927.32, representing a growth of about 29.1%[29] - The total equity attributable to shareholders rose to ¥872,234,743.52, compared to ¥833,304,354.49, reflecting an increase of approximately 4.7%[32] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥8,323,235.92, a decrease of 86.77% year-over-year[5] - Net cash flow from operating activities improved by 86.77%, reaching -¥8,323,235.92, due to higher sales collections and government subsidies[19] - The net cash flow from investment activities decreased by 106.63% to -¥3,912,960.32, due to increased capital expenditures on fixed assets[19] - The cash inflow from investment activities was ¥1,325,092,128.19, down from ¥1,788,371,443.82 in the previous period, a decrease of approximately 26%[44] - The net increase in cash and cash equivalents was -$19,564,803.51, down from -$38,625,139.41 in the previous period[46] - The ending balance of cash and cash equivalents was $81,627,290.91, compared to $107,183,820.34 at the beginning of the period[46] Expenses and Financial Metrics - R&D expenses rose by 69.31% to ¥14,564,138.62, attributed to new projects in electronic paper display modules and increased investment in LCD technology[15] - Research and development expenses increased to ¥24,658,751.23, up from ¥14,564,138.62, indicating a rise of about 69.5%[35] - Financial expenses decreased significantly by 1000.22% to ¥2,536,676.85, mainly due to increased foreign exchange gains from the rising USD to RMB exchange rate[18] - Investment income decreased by 52.88% to ¥13,492,597.71, primarily due to reduced returns from structured deposits[18] - The company reported a 124.25% increase in income tax expenses to ¥5,319,300.04, reflecting higher total profit[18] - The tax expenses for the current period were ¥11,928,730.73, compared to ¥5,319,300.04 in the previous period, reflecting an increase of approximately 124.5%[35] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,280, with the largest shareholder holding 36.65%[20] - The company's cash and cash equivalents decreased to ¥86,154,331.26 from ¥101,192,094.42, a decline of approximately 14.9%[26] Government Support - The company reported a significant increase in government subsidies, totaling ¥4,093,308.04 for the year-to-date[9] Miscellaneous - The minority interest increased to ¥24,378,956.78 due to external investment in a subsidiary, changing its status from wholly-owned to a controlling subsidiary[13] - The company did not undergo an audit for the third quarter report[47]

亚世光电（集团）股份有限公司 2022 年半年度报告全文 亚世光电（集团）股份有限公司 2022 年半年度报告 2022-052 2022 年 07 月 1 亚世光电（集团）股份有限公司 2022 年半年度报告全文 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、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人贾继涛（JIA JITAO）、主管会计工作负责人贾艳及会计机 构负责人（会计主管人员）袁婧声明：保证本半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。 有关公司经营风险及应对措施，请参见本报告第三节"管理层讨论与分析" 之"十、公司面临的风险和应对措施"的相关具体内容陈述。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 亚世光电（集团）股份有限公司 2022 年半年度报告全文 目录 | --- | |-------------------------------| | | | 第一节 重要提示、目录和释义 | | 第二节 公司简介和主要财务指标 | | ...

亚世光电（集团）股份有限公司 2022 年第一季度报告全文 □ 是 √ 否 亚世光电（集团）股份有限公司 2022 年第一季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中 财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (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 1 证券代码：002952 证券简称：亚世光电 公告编号：2022-021 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | | ...

亚世光电（集团）股份有限公司 2021 年年度报告全文 亚世光电（集团）股份有限公司 2021 年年度报告 2022-019 2022 年 04 月 1 亚世光电（集团）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 公司负责人贾继涛（JIA JITAO）、主管会计工作负责人贾艳及会计机构负 责人(会计主管人员)袁婧声明：保证本年度报告中财务报告的真实、准确、完整。 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。 所有董事均已出席了审议本报告的董事会会议。 本年度报告涉及的未来计划、发展战略等前瞻性描述，不构成公司对投资 者的实质承诺，投资者及相关人士均应当对此保持足够的风险认识，敬请投资 者注意投资风险。敬请查阅第三节管理层讨论与分析中关于公司未来发展展望 可能面对的风险因素部分的内容。 公司经本次董事会审议通过的利润分配预案为：以 164,340,000 股为基数， 向全体股东每 10 股派发现金红利 1.60 元（含税），送红股 0 股（含税），不以公 积金转增股本。 2 亚世光 ...

[Key Financial Data](index=1&type=section&id=%E4%B8%80%E3%80%81%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) This section presents the company's key financial performance and position indicators for the reporting period [Key Accounting Data and Financial Indicators](index=1&type=section&id=%E4%B8%80%E3%80%81%28%E4%B8%80%29%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) The company reported year-over-year revenue growth, yet net profit and non-recurring net profit significantly declined, with operating cash flow turning negative and total assets slightly up while owner's equity decreased 2021 Q3 and Year-to-Date Key Financial Indicators | Indicator | Current Period | YoY Change in Current Period | Year-to-Date | YoY Change Year-to-Date | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 167,351,514.38 | 29.02% | 423,359,378.20 | 23.03% | | Net Profit Attributable to Shareholders (RMB) | 14,405,602.74 | -32.57% | 37,434,994.38 | -49.64% | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items (RMB) | 8,326,187.36 | -39.06% | 20,836,049.64 | -54.90% | | Net Cash Flow from Operating Activities (RMB) | — | — | -62,912,422.01 | -230.48% | | Basic Earnings Per Share (RMB/share) | 0.0877 | -32.54% | 0.2278 | -49.64% | Key Balance Sheet Indicators at Period End | Indicator | End of Current Period (RMB) | End of Prior Year (RMB) | Change from Prior Year End | | :--- | :--- | :--- | :--- | | Total Assets (RMB) | 1,043,786,036.96 | 988,626,638.02 | 5.58% | | Owner's Equity Attributable to Shareholders (RMB) | 824,762,212.57 | 836,655,250.19 | -1.42% | [Non-Recurring Gains and Losses](index=2&type=section&id=%E4%B8%80%E3%80%81%28%E4%BA%8C%29%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) Year-to-date, total non-recurring gains and losses amounted to **RMB 16.60 million**, primarily from entrusted investments and fair value changes of financial assets and liabilities, significantly supplementing current net profit Non-Recurring Gains and Losses Year-to-Date | Item | Amount Year-to-Date (RMB) | | :--- | :--- | | Government Grants Recognized in Current P&L | 1,948,940.37 | | Gains/Losses from Entrusted Investments | 12,771,607.34 | | Fair Value Changes of Trading Financial Assets/Liabilities | 4,075,112.62 | | Other Non-Operating Income/Expenses | 93,644.48 | | Less: Income Tax Impact | 2,290,360.07 | | **Total** | **16,598,944.74** | [Analysis of Key Financial Indicator Changes](index=2&type=section&id=%E4%B8%80%E3%80%81%28%E4%B8%89%29%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) Significant changes in financial indicators include increased prepayments and inventory due to raw material issues, while rising operating costs and a high prior-year base for government grants led to a net profit decline despite expanded sales [Balance Sheet Item Changes](index=2&type=section&id=%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8%E9%A1%B9%E7%9B%AE) Key balance sheet changes include a **185.05%** surge in prepayments and **81.00%** increase in inventory to secure raw materials, a **53.27%** rise in construction in progress for new facilities, a **1428.95%** jump in other non-current assets due to equipment prepayments, and a **44.94%** increase in accounts receivable with revenue growth - Prepayments increased by **185.05%** from the beginning of the period, primarily due to increased raw material stocking to ensure production amidst tight supply and rising prices for IC, TFT, and other materials[10](index=10&type=chunk)[12](index=12&type=chunk) - Inventory increased by **81.00%** from the beginning of the period, driven by expanded production and sales, rising raw material prices, and increased stocking levels[10](index=10&type=chunk)[12](index=12&type=chunk) - Other non-current assets surged by **1428.95%** from the beginning of the period, mainly due to increased prepayments for equipment[10](index=10&type=chunk)[12](index=12&type=chunk) [Income Statement Item Changes](index=3&type=section&id=%E5%88%A9%E6%B6%A6%E8%A1%A8%E9%A1%B9%E7%9B%AE) Income statement changes were primarily influenced by costs and non-recurring items, with operating costs rising **41.83%** due to sales growth and raw material price increases, other income sharply declining **88.14%** from a high prior-year base, and financial expenses decreasing **44.20%** due to reduced exchange losses - Operating costs increased by **41.83%** year-over-year, driven by expanded sales volume and rising raw material prices[12](index=12&type=chunk)[13](index=13&type=chunk) - Other income decreased by **88.14%** year-over-year, primarily due to a high base from the prior year's receipt of **RMB 10 million** in special funds for enterprise listing development from Liaoning Province[12](index=12&type=chunk)[13](index=13&type=chunk) - Financial expenses decreased by **44.20%** year-over-year, mainly due to a smaller depreciation of RMB against USD compared to the prior year, resulting in reduced exchange losses[12](index=12&type=chunk)[13](index=13&type=chunk) [Shareholder Information](index=3&type=section&id=%E4%BA%8C%E3%80%81%E8%82%A1%E4%B8%9C%E4%BF%A1%E6%81%AF) This section details the company's shareholder structure, including major shareholders and ultimate control [Shareholding Structure](index=3&type=section&id=%E4%BA%8C%E3%80%81%28%E4%B8%80%29%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%92%8C%E8%A1%A8%E5%86%B3%E6%9D%83%E6%81%A2%E5%A4%8D%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of the reporting period end, the company had **12,854** common shareholders, with a concentrated ownership structure where controlling shareholder Asia Display (Hong Kong) Co., Ltd. held **36.65%**, and the top three shareholders collectively held over **63%**, with ultimate control by JIA JITAO through 100% ownership of the Hong Kong entity - At the end of the reporting period, the company had **12,854** common shareholders[15](index=15&type=chunk) Top Ten Shareholders' Shareholding | Shareholder Name | Shareholder Type | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | :--- | | Asia Display (Hong Kong) Co., Ltd. | Overseas Legal Person | 36.65% | 60,223,500.00 | | 边瑞群 | Domestic Individual | 13.85% | 22,761,000.00 | | 林雪峰 | Domestic Individual | 12.71% | 20,879,983.00 | | 解治刚 | Domestic Individual | 8.46% | 13,909,500.00 | | 陈家琼 | Domestic Individual | 1.09% | 1,798,760.00 | - The ultimate controlling person, Mr. JIA JITAO, holds **100%** equity in the controlling shareholder, Asia Display (Hong Kong) Co., Ltd.[17](index=17&type=chunk) [Other Significant Matters](index=4&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) This section covers any other significant events or disclosures not included elsewhere in the report [Other Significant Matters](index=4&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) The company had no other significant matters requiring disclosure during the reporting period - The company had no other significant matters to disclose in this reporting period[17](index=17&type=chunk) [Financial Statements](index=5&type=section&id=%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section provides the company's consolidated financial statements, including the balance sheet, income statement, and cash flow statement [Consolidated Balance Sheet](index=5&type=section&id=1%E3%80%81%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of September 30, 2021, total assets were **RMB 1.04 billion**, up **5.58%** from the beginning of the year, driven by non-monetary assets like inventory and prepayments, while total liabilities surged **44.12%** to **RMB 219 million** due to increased accounts payable and dividends payable, and owner's equity attributable to the parent company slightly decreased by **1.42%** to **RMB 825 million** Key Items of Consolidated Balance Sheet | Item | September 30, 2021 (RMB) | December 31, 2020 (RMB) | | :--- | :--- | :--- | | **Total Assets (RMB)** | **1,043,786,036.96** | **988,626,638.02** | | Total Current Assets (RMB) | 894,306,390.87 | 868,161,228.93 | | Total Non-Current Assets (RMB) | 149,479,646.09 | 120,465,409.09 | | **Total Liabilities (RMB)** | **219,023,824.39** | **151,971,387.83** | | Total Current Liabilities (RMB) | 193,964,018.65 | 126,003,851.42 | | **Total Owner's Equity (RMB)** | **824,762,212.57** | **836,655,250.19** | [Consolidated Income Statement](index=7&type=section&id=2%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E5%88%A9%E6%B6%A6%E8%A1%A8) In the first three quarters of 2021, the company achieved **RMB 423 million** in operating revenue, a **23.03%** year-over-year increase, but operating costs grew **41.83%**, significantly outpacing revenue, and a sharp decline in other income from a high prior-year base led to a halving of operating profit and net profit, with net profit attributable to the parent company at **RMB 37.44 million**, down **49.64%** year-over-year Key Items of Consolidated Income Statement (Year-to-Date) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | YoY Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue (RMB) | 423,359,378.20 | 344,102,725.13 | 23.03% | | Total Operating Costs (RMB) | 397,182,372.98 | 289,632,945.69 | 37.13% | | Operating Profit (RMB) | 42,760,649.94 | 87,229,865.19 | -50.98% | | Total Profit (RMB) | 42,754,294.42 | 87,133,044.03 | -50.93% | | Net Profit (RMB) | 37,434,994.38 | 74,332,060.11 | -49.64% | | Basic Earnings Per Share (RMB/share) | 0.23 | 0.45 | -49.64% | [Consolidated Cash Flow Statement](index=9&type=section&id=3%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) In the first three quarters of 2021, net cash flow from operating activities significantly deteriorated to **-RMB 62.91 million** from a **RMB 48.21 million** inflow in the prior year, primarily due to increased cash payments for goods and services, while investing activities generated **RMB 59.03 million** in net cash and financing activities resulted in a **RMB 31.25 million** net outflow due to dividend distribution, with cash and cash equivalents decreasing to **RMB 107 million** at period end Key Items of Consolidated Cash Flow Statement (Year-to-Date) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities (RMB) | -62,912,422.01 | 48,214,889.54 | | Net Cash Flow from Investing Activities (RMB) | 59,030,209.01 | 70,611,343.87 | | Net Cash Flow from Financing Activities (RMB) | -31,248,522.91 | -27,136,674.60 | | Net Increase in Cash and Cash Equivalents (RMB) | -38,625,139.41 | 87,578,630.56 | | Cash and Cash Equivalents at Period End (RMB) | 107,183,820.34 | 145,231,512.22 | [Explanation of Financial Statement Adjustments](index=11&type=section&id=%28%E4%BA%8C%29%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E8%B0%83%E6%95%B4%E6%83%85%E5%86%B5%E8%AF%B4%E6%98%8E) Effective January 1, 2021, the company adopted new lease accounting standards as required by the Ministry of Finance, retrospectively adjusting the opening financial statements to recognize **RMB 0.86 million** in "right-of-use assets" and **RMB 0.83 million** in "lease liabilities," while reducing "prepayments" and "retained earnings" - The company adopted new lease accounting standards effective January 1, 2021, and retrospectively adjusted the opening balance sheet[34](index=34&type=chunk) Adjustments upon Initial Adoption of New Lease Standards | Adjustment Item | Adjustment Amount (RMB) | | :--- | :--- | | Increase "Right-of-Use Assets" (RMB) | 857,910.36 | | Decrease "Prepayments" (RMB) | -56,083.20 | | Increase "Lease Liabilities" (RMB) | 827,859.16 | | Decrease "Retained Earnings" (RMB) | -26,032.00 | [Audit Information](index=14&type=section&id=%28%E4%B8%89%29%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) This section outlines the audit status of the financial report [Audit Status](index=14&type=section&id=%28%E4%B8%89%29%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) This quarterly financial report is unaudited - The company's Q3 2021 report is unaudited[35](index=35&type=chunk)