深圳科瑞技术股份有限公司 2022 年半年度报告全文 深圳科瑞技术股份有限公司 2022 年半年度报告 2022 年 8 月 1 深圳科瑞技术股份有限公司 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 PHUA LEE MING、主管会计工作负责人饶乐乐及会计机构负责 人(会计主管人员)饶乐乐声明：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。 本报告所涉及的发展战略及未来计划等前瞻性陈述，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，并且应当理 解计划、预测与承诺之间的差异。 公司业务经营受各种风险因素影响，公司在本报告书第三节"管理层讨论 与分析"之十"公司面临的风险和应对措施"部分详细描述了公司未来经营可 能存在的风险因素及应对措施，敬请投资者关注相关内容。 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 深圳科瑞技术股份有限公司 202 ...

深圳科瑞技术股份有限公司 2022 年第一季度报告 1 深圳科瑞技术股份有限公司 2022 年第一季度报告 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: 董事、监事、高级管理人员是否存在对季度报告内容存在异议或无法保证其真实、准确、完整的情况 □ 是 √ 否 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。 董事、监事、高级管理人员异议声明 姓名 职务 内容和原因 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 4.审计师发表非标意见的事项 □ 适用 √ 不适用 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 | --- | --- | --- | --- | |-----------------------------------------------------|- ...

深圳科瑞技术股份有限公司 2021 年年度报告全文 深圳科瑞技术股份有限公司 2021 年年度报告 2022 年 04 月 1 深圳科瑞技术股份有限公司 2021 年年度报告全文 公司业务经营受各种风险因素影响，公司已在本报告中详细描述公司可能 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 PHUA LEE MING、主管会计工作负责人宋淳及会计机构负责 人(会计主管人员)饶乐乐声明：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。 本报告涉及的未来计划、发展战略等前瞻性陈述，不构成本公司对投资者 的实质承诺，敬请投资者对此保持足够的风险认识，理解计划、预测与承诺之 间的差异，敬请广大投资者注意投资风险。 | --- | |------------------------------------------------------------------------------| | | | 面对的风险，包括宏观经济环境及国 ...

深圳科瑞技术股份有限公司 2021 年第三季度报告 □ 是 √ 否 证券代码：002957 证券简称：科瑞技术 公告编号：2021-066 深圳科瑞技术股份有限公司 2021 年第三季度报告 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.第三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 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|-------------------------|------------------------- ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,083,778,866.86, representing a 36.73% increase compared to CNY 792,668,635.91 in the same period last year[26]. - The net profit attributable to shareholders of the listed company decreased by 24.26% to CNY 92,917,543.63 from CNY 122,684,859.80 year-on-year[26]. - The net cash flow from operating activities was negative at CNY -39,836,279.73, a decline of 111.11% compared to CNY 358,531,648.55 in the previous year[26]. - The total assets at the end of the reporting period were CNY 3,986,570,312.26, an increase of 12.62% from CNY 3,539,977,501.69 at the end of the previous year[26]. - The basic earnings per share decreased by 24.26% to CNY 0.2266 from CNY 0.2992 in the same period last year[26]. - The diluted earnings per share also fell by 24.33% to CNY 0.2264 compared to CNY 0.2992 in the previous year[26]. - The weighted average return on net assets was 3.62%, down from 5.13% in the same period last year, a decrease of 1.51%[26]. - The net profit after deducting non-recurring gains and losses was CNY 69,187,148.58, a decrease of 32.75% from CNY 102,876,520.10 year-on-year[26]. - The net assets attributable to shareholders of the listed company slightly decreased by 0.05% to CNY 2,533,951,781.73 from CNY 2,535,339,957.73 at the end of the previous year[26]. Business Operations - The company reported a non-operating income of CNY 23,730,395.05, after accounting for tax and minority interests[32]. - The company has accumulated technologies in five key areas: machine vision and optics, precision sensing and testing, motion control and robotics, software technology, and precision mechanical design[36]. - The company is a leading supplier of complete testing equipment in the mobile terminal sector and core equipment supplier in the new energy, electronic cigarette, medical, and food industries[44]. - The demand for automation equipment remains strong due to the ongoing upgrade of manufacturing industries in China, particularly in mobile terminals and new energy sectors[38]. - The company has established stable business relationships with leading brands across various industries, enhancing its market position[36]. - The company focuses on customized products and services for major clients, adapting to the specific needs of different industries[37]. - The new energy battery industry is expected to experience rapid growth in the next three to five years, presenting significant opportunities for the company[42]. - The company has a strong competitive edge due to its rapid delivery capabilities and recognized technical strength in the automation sector[44]. - The company has been actively involved in the research and development of core equipment for industries with high technical barriers and large demand scales[37]. - The overall automation industry is currently in a high-growth phase, driven by strong downstream demand across various sectors[43]. - The company is a leading supplier of testing equipment for mobile terminals, providing comprehensive solutions for smartphone detection, with a strong focus on camera detection and calibration technology widely used by major brands in the industry[45]. - In the new energy sector, the company is a leading supplier of manufacturing equipment for lithium batteries, focusing on key players in the battery industry, with advanced technologies in stacking efficiency and alignment accuracy[46]. Research and Development - As of June 30, 2021, the company had 801 R&D personnel, accounting for 33.28% of the total workforce, and held 215 authorized patents, including 42 invention patents[50]. - Research and development expenses increased by 33.52% to 145.84 million yuan, reflecting the company's commitment to new product development[56]. - The company is increasing R&D investment in new energy technology to adapt to rapidly changing market demands, particularly in the consumer electronics and new energy battery sectors[90]. - The company has established a strict management process for product development, ensuring timely adjustments to product and technology roadmaps[91]. Market Strategy - The company has been focusing on international expansion, establishing branches in Hong Kong, Thailand, Singapore, and the Philippines to better understand local markets and customer needs[53]. - In the first half of 2021, the company aimed for stable growth by accelerating domestic business layout and investing in technology R&D to meet existing customer demands and explore new business opportunities[54]. - The mobile terminal business generated sales of 616 million yuan, accounting for 56.86% of total revenue, with a year-on-year increase of 65.11%[56]. - The new energy business reported sales of 307 million yuan, making up 28.30% of total revenue, and experienced a significant year-on-year growth of 123.36%[56]. - The precision components and molds business generated revenue of 100 million yuan, which is 9.23% of total revenue, showing a decline of 25.49% year-on-year due to fluctuations in downstream customer demand[56]. Financial Management - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company reported a net cash flow from operating activities of -39.84 million yuan, a significant decline compared to the previous year due to reduced prepayments from mask machine sales[60]. - The company’s investment activities resulted in a net cash outflow of 153.64 million yuan, primarily due to payments for the construction of the intelligent manufacturing industrial park[60]. - Cash and cash equivalents at the end of the reporting period amounted to ¥1,042,618,803.23, accounting for 26.15% of total assets, a decrease of 2.97% compared to the previous year[65]. - Accounts receivable increased to ¥1,122,776,320.45, representing 28.16% of total assets, an increase of 3.01% due to higher operating income[65]. - Inventory reached ¥503,817,340.62, which is 12.64% of total assets, up by 2.49% as a result of increased orders and stock[65]. - Short-term borrowings rose to ¥272,912,480.00, accounting for 6.85% of total assets, an increase of 4.02% due to new short-term bank loans[68]. - Contract liabilities increased to ¥129,824,121.73, representing 3.26% of total assets, up by 1.84% due to an increase in advance payments from orders[68]. - The company reported a fair value change gain of ¥6,860,015.51 on trading financial assets during the reporting period[69]. - The company has restricted cash of ¥755,618,492.69, primarily for time deposits and margin deposits[72]. - The company invested ¥30,000,000.00 in a fund, resulting in a fair value increase to ¥31,188,000.00[73]. - The total amount of derivative investments at the end of the reporting period was ¥84,605.11, accounting for 30.40% of the company's net assets[78]. - The company has three utility model patents and one invention patent pledged for a credit line of ¥60,000,000[72]. - The company has implemented foreign exchange hedging to mitigate currency risk, ensuring that transactions are based on predicted payment timelines and amounts[80]. - The company has established a comprehensive risk management system for foreign exchange hedging, including clear regulations on transaction limits, types, and internal audit processes[80]. Shareholder Relations - The company plans to enhance its product matrix and expects to establish capabilities for assembling aluminum and soft-pack battery cells in the second half of the year[56]. - The company has an ongoing stock incentive plan, with 183,740 shares of restricted stock granted at a price of 13 RMB per share to 176 eligible participants[104]. - As of June 10, 2021, the company completed the repurchase and cancellation of 18,300 shares of restricted stock from three participants, reducing the total shares from 411,837,400 to 411,819,100[105]. - The company distributed cash dividends of RMB 9,471.8393 million to shareholders, at a rate of RMB 2.3 per 10 shares based on a total share capital of 411,819,100 shares[111]. - The company is committed to improving shareholder returns and protecting their rights, actively returning profits to shareholders in accordance with profit distribution conditions[134]. - The company has established a three-year shareholder return plan (2020-2022) to ensure effective returns to shareholders, particularly small and medium-sized shareholders[134]. Compliance and Governance - The company has not experienced any significant changes in accounting policies or principles compared to the previous reporting period[80]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[173]. - The half-year financial report has not been audited, indicating a lack of external validation for the reported figures[171]. - The company has not faced any penalties or corrective actions during the reporting period[179]. - The company has confirmed that all commitments made by the controlling shareholder and other related parties are being fulfilled without any violations[165]. - The company has made commitments regarding the accuracy and completeness of its prospectus, including compensation for investors in case of false statements or omissions[142]. - The company has pledged to avoid engaging in competitive activities with its subsidiaries and will not invest in similar businesses[149]. - The controlling shareholder has pledged to stabilize the stock price by increasing shareholdings and repurchasing shares if the stock price falls below the audited net asset value per share for 20 consecutive trading days[158]. - There are no non-operating fund occupations by the controlling shareholder or related parties during the reporting period[168]. - The company has not faced any environmental compliance issues and emphasizes energy conservation and environmental protection in its operations and product development[110].

Financial Performance - The company's revenue for Q1 2021 was ¥458,438,280.15, representing a 135.74% increase compared to ¥194,470,186.38 in the same period last year[9] - Net profit attributable to shareholders reached ¥31,374,659.08, a significant increase of 2,638.45% from ¥1,145,707.13 in the previous year[9] - The net profit after deducting non-recurring gains and losses was ¥25,240,874.00, compared to a loss of ¥9,769,367.20 in the same period last year, marking a turnaround[9] - Basic and diluted earnings per share were both ¥0.08, a substantial increase of 2,632.98% from ¥0.00 in the same period last year[9] - The company reported a net profit margin improvement, with total operating costs rising to ¥408,237,018.94 from ¥205,091,292.98, indicating a more efficient cost structure despite higher revenues[69] - The company's operating income for the current period is ¥51,233,854.10, a significant increase from ¥6,606,210.39 in the previous period[72] - Total comprehensive income for the current period is ¥46,161,343.58, a notable increase from ¥331,701.98 in the previous period[76] Cash Flow - The net cash flow from operating activities was ¥56,258,499.78, down 79.86% from ¥279,348,378.89 in the previous year[9] - Cash flow from operating activities generated ¥474,932,779.60, down from ¥591,865,602.24 in the previous period[83] - The company experienced a decrease in cash flow from operating activities, with net cash flow of ¥56,258,499.78 compared to ¥279,348,378.89 in the previous period[83] - The cash outflow for purchasing goods and services was 86,827,495.49 RMB, down from 92,807,007.65 RMB in the previous period[90] - The company reported a total cash inflow from operating activities of 301,366,761.51 RMB, slightly up from 296,979,950.29 RMB in the previous period[90] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,753,403,569.75, a decrease of 6.03% from ¥3,539,977,501.69 at the end of the previous year[9] - The total liabilities of the company reached CNY 956,792,821.75, compared to CNY 794,974,166.53, indicating an increase of approximately 20.36%[54] - The company's total equity decreased slightly to ¥1,883,703,096.82 from ¥1,886,620,272.90, reflecting a decrease of about 0.15%[64] - The company's inventory increased significantly to ¥206,636,884.19 from ¥155,092,505.61, representing a growth of about 33.3%[58] - The total current liabilities rose to CNY 914,796,036.67 from CNY 764,717,052.16, indicating an increase of about 19.63%[54] Investments and Projects - The mobile terminal business generated sales of CNY 267.33 million, accounting for 58% of total revenue, while the new energy business contributed CNY 124.65 million, representing 27% of total revenue[24] - The company has allocated 10,024.17 million CNY for the automation equipment project, with a total investment of 35,556.09 million CNY[38] - The company has completed 5,516.90 million CNY of investment in the technology center upgrade project out of a total of 5,616.90 million CNY[38] - The company has invested 3,675.00 million CNY in the information system construction project, with 2,279.35 million CNY already utilized[38] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,846[13] - The company received 2,500,000.00 RMB from minority shareholders as part of capital contributions[86] Risk Management - The company has implemented a foreign exchange hedging strategy to mitigate risks associated with currency fluctuations[32] - The company has established a risk management system for its foreign exchange hedging operations to ensure compliance and effective execution[32] Compliance and Standards - The company reported no violations regarding external guarantees during the reporting period[42] - The new leasing standard has been adopted, requiring the recognition of right-of-use assets and lease liabilities for all leases, excluding short-term and low-value asset leases[106]

Financial Performance - The company's operating revenue for 2020 was ¥2,014,349,383.34, representing a 7.61% increase from ¥1,871,951,550.71 in 2019[27]. - The net profit attributable to shareholders for 2020 was ¥293,158,574.55, a 12.02% increase compared to ¥261,699,335.74 in 2019[27]. - The basic earnings per share for 2020 was ¥0.72, up 5.88% from ¥0.68 in 2019[27]. - In 2020, the company achieved a sales revenue of 2.014 billion yuan, a year-on-year increase of 7.61%[66]. - The company's net profit attributable to shareholders was 293 million yuan, an increase of 12.16% compared to the previous year[66]. - The company's operating revenue for 2020 was CNY 2,001,523,693.42, representing a year-on-year increase of 7.02%[86]. - The gross profit margin for the equipment manufacturing sector was 40.37%, a decrease of 1.16% compared to the previous year[86]. - The gross profit margin for automation equipment was 41.93%, reflecting a year-on-year increase of 0.87%[86]. Cash Flow and Investments - The net cash flow from operating activities decreased by 38.74% to ¥200,515,595.63 from ¥327,328,643.53 in 2019[27]. - The company's cash and cash equivalents at the end of 2020 amounted to CNY 103 million, representing 29.12% of total assets[107]. - The net cash flow from financing activities was negative CNY 282 million, a decrease of 163.86% compared to the previous year[106]. - The total investments for the reporting period were CNY 109 million, a significant decrease of 66.67% compared to CNY 327 million in the previous year[115]. - The company reported a total of RMB 88.44 million in derivative investments during the reporting period, with a realized profit of RMB 1.07 million[121]. - The company has a total of RMB 39.67 million in unutilized raised funds, with 66.04% of the total raised funds already used[127]. Risk Management - The company faces various risks including the impact of the pandemic on the global economy, rising raw material prices, and exchange rate fluctuations[7]. - The company emphasizes the importance of risk awareness for investors regarding its future development outlook[6]. - The company has implemented risk control measures to address potential risks associated with foreign exchange hedging, including market, liquidity, credit, operational, and legal risks[122]. - The company engaged in foreign exchange hedging to mitigate currency risk, adhering strictly to operational needs without speculative trading[122]. Business Strategy and Development - The company has outlined its future development strategies in the report, highlighting potential growth areas[6]. - The company aims to achieve sales revenue of 2.3 billion to 2.5 billion yuan in 2021, representing a year-on-year growth of 10% to 19%[164]. - The company is focusing on integrating automation with information technology to enhance system integration and achieve higher precision and reliability in its products[151]. - The company aims to develop three business segments (mobile terminals, new energy, precision components and molds) into over 1 billion scale each within three years, and grow the new energy segment to 3 billion within three to five years[158]. - The company plans to accelerate investment in product and technology to support its 3+N business strategy and enhance competitiveness through mergers and acquisitions[163]. Research and Development - The company has 664 R&D personnel, accounting for 30.59% of the total workforce, and holds 80 software copyrights and 183 patents, including 40 invention patents[57]. - The company's R&D investment totaled CNY 230 million, accounting for 11.42% of total revenue, with 664 R&D personnel making up 30.59% of the workforce[72]. - The company is focusing on technology development projects in 2021, including high-speed EV stacking and high-efficiency vacuum packaging[167]. Market Presence and Customer Relationships - The company has established strong business relationships with leading brands across various industries, including mobile terminals, new energy, and automotive sectors[41]. - The company is actively developing new customer relationships, particularly in the electric vehicle and photovoltaic sectors, to expand its market presence[167]. - The company has established strong partnerships with leading brands in mobile terminals and new energy sectors, ensuring stable demand for automation equipment[156]. Dividend Policy - The company proposed a cash dividend of 2.30 CNY per 10 shares, totaling 94.72 million CNY for the 2020 fiscal year[178]. - The cash dividend payout ratio for 2020 is 32.31% of the net profit attributable to ordinary shareholders[182]. - The cash dividend for 2020 represents 100% of the total profit distribution[183]. - The company has maintained a consistent cash dividend distribution over the past three years, with the 2018 dividend being 3.20 CNY per 10 shares, totaling 11.81 million CNY[182]. Corporate Governance - The company has committed to ensuring the accuracy and completeness of its financial reports, as stated by its management[5]. - The company has a dedicated board secretary and securities representative for investor relations[21]. - The company has not experienced any changes in its main business or controlling shareholders since its listing[25]. - The company has not reported any violations of commitments as of the end of the reporting period[184].

Financial Performance - Operating revenue for the quarter reached CNY 729,035,250.86, a year-on-year increase of 20.29%[9] - Net profit attributable to shareholders decreased by 4.87% to CNY 120,357,786.00 compared to the same period last year[9] - Basic earnings per share decreased by 11.19% to CNY 0.2936[9] - The weighted average return on equity was 4.95%, down by 1.57% from the previous year[9] - The company reported a decrease of 10.58% in net profit after deducting non-recurring gains and losses, totaling CNY 109,030,490.79[9] - The net profit attributable to shareholders was CNY 243.04 million, an increase of 15.05% compared to the previous year[25] - The total profit for the period was CNY 357,984,600.39, an increase of 23.2% compared to CNY 290,628,580.80 in Q3 2019[89] - The net profit for the current period is CNY 149,860,055.08, up from CNY 144,504,861.37 in the previous period, reflecting a growth of approximately 2.35%[71] - The company reported a decrease in the net profit attributable to the parent company, which is CNY 120,357,786.00, down from CNY 126,516,636.22 in the previous period, reflecting a decline of about 4.09%[71] Assets and Liabilities - Total assets increased by 10.17% to CNY 3,528,644,650.98 compared to the end of the previous year[9] - The company's total assets as of September 30, 2020, amount to 3.53 billion CNY, an increase from 3.20 billion CNY at the end of 2019[47] - The company's current assets total 2.86 billion CNY, compared to 2.61 billion CNY at the end of 2019, reflecting a growth of approximately 9.6%[47] - The company's total liabilities amount to 800.15 million CNY, up from 663.43 million CNY at the end of 2019[53] - The total liabilities as of September 30, 2020, were ¥260,171,275.71, up from ¥225,543,439.05 at the end of 2019, representing an increase of about 15.4%[63] - The company's equity attributable to shareholders is 2.49 billion CNY, an increase from 2.33 billion CNY in the previous year[56] - The company's total current liabilities included accounts payable of CNY 175,172,258.27 and short-term borrowings of CNY 55,109,567.26[115] Cash Flow - The net cash flow from operating activities was negative at CNY -229,122,379.04, a significant decrease of 5,153.41%[9] - Cash inflow from operating activities totaled CNY 1,439,605,044.43, an increase from CNY 1,293,109,566.27 in the previous period, reflecting a growth of approximately 11.3%[98] - Cash outflow from operating activities was CNY 1,310,195,774.92, compared to CNY 1,124,492,943.99 in the prior period, indicating an increase of about 16.5%[98] - The ending cash and cash equivalents balance was CNY 371,722,544.64, down from CNY 1,174,636,032.53, a decrease of approximately 68.3%[101] - Cash inflow from investment activities was CNY 1,864,484,318.76, down from CNY 2,459,359,410.25, a decrease of about 24.2%[101] - Net cash flow from investment activities improved to CNY 63,985,519.70 from a negative CNY 273,446,828.69, indicating a significant recovery[101] - Cash inflow from financing activities totaled CNY 106,746,321.31, a decrease from CNY 619,084,718.47, reflecting a decline of approximately 82.8%[101] - Net cash flow from financing activities was negative CNY 279,445,149.67, compared to a positive CNY 435,950,318.71 in the previous period, indicating a significant shift[101] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,293[13] - The largest shareholder, COLIBRI TECHNOLOGIE, holds 41.87% of the shares[13] Government Subsidies - The company received government subsidies amounting to CNY 25,239,927.60 during the reporting period[9] - Cash received from government subsidies increased by 31.36% to CNY 38.27 million[29] Research and Development - Research and development expenses for Q3 2020 amounted to ¥57,263,739.49, slightly higher than ¥55,549,311.82 in Q3 2019, reflecting a year-over-year increase of approximately 3.1%[68] - The research and development expenses for the current period amount to CNY 32,864,162.46, an increase from CNY 28,732,564.56 in the previous period, representing a growth of approximately 14.83%[75] - Research and development expenses for the period were CNY 88,956,570.30, slightly down from CNY 91,556,858.00 in the previous year[92] Inventory and Receivables - Accounts receivable financing decreased by 47.10% to CNY 59.70 million due to the discounting and collection of notes from the previous year[26] - Prepayments increased significantly by 394.22% to CNY 418.04 million, primarily due to increased inventory[26] - The company reported a 191.04% increase in net inventory value, reaching CNY 347.71 million, attributed to stockpiling[26] - The company's inventory as of September 30, 2020, stands at 347.71 million CNY, a significant increase from 119.47 million CNY in the previous year[47] - Accounts receivable decreased to ¥335,853,481.78 from ¥353,851,073.29, a reduction of approximately 5.1%[60] Financial Management - Financial expenses showed a significant increase of 152.38%, primarily due to exchange losses from currency depreciation[29] - Investment income rose by 189.33% to CNY 107.92 million, driven by increased financial management funds[29] - The company has no significant overdue or unrecovered amounts in its entrusted financial management[40] Future Outlook - The company plans to continue strengthening operational cost control measures to mitigate economic pressures from the pandemic[25] - The company's net profit for the year is expected to show significant fluctuations compared to the previous year, but specific figures are not disclosed[37]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥792,668,635.91, a decrease of 4.36% compared to ¥828,765,788.55 in the same period last year[23]. - Net profit attributable to shareholders was ¥122,684,859.80, representing an increase of 44.79% from ¥84,734,520.79 year-on-year[23]. - The net profit after deducting non-recurring gains and losses was ¥102,876,520.10, up 47.40% from ¥69,795,354.66 in the previous year[23]. - The net cash flow from operating activities was ¥358,531,648.55, an increase of 118.87% compared to ¥163,813,276.27 in the same period last year[23]. - Basic earnings per share rose to ¥0.2992, a 30.31% increase from ¥0.2296 in the same period last year[23]. - Total assets at the end of the reporting period were ¥3,437,425,368.71, reflecting a growth of 7.32% from ¥3,203,006,243.66 at the end of the previous year[23]. - Net assets attributable to shareholders increased to ¥2,374,088,894.45, a rise of 1.82% from ¥2,331,586,157.02 at the end of the previous year[23]. Risks and Challenges - The company faced various risks including unclear policies on electronic cigarettes and potential demand slowdown in various sectors[7]. - The company faces risks including economic downturns due to the COVID-19 pandemic, unclear electronic cigarette policies, and potential misdirection in technology development[106]. - The company has faced risks related to the unclear regulatory environment for e-cigarettes, which has led to a slowdown in equipment investment plans from downstream clients[108]. Business Strategy and Operations - The company plans not to distribute cash dividends or bonus shares during this reporting period[7]. - The company adopts a "sales-driven production" model, customizing automation equipment based on client orders, which reflects a high degree of customization and non-standardization[35]. - Key performance drivers include the investment in fixed assets in downstream industries, particularly in mobile terminals and new energy sectors, which are cyclical in nature[36]. - The company focuses on emerging industries and continuously explores new market opportunities, leveraging its technological capabilities[37]. - The company is actively exploring other business areas, including equipment for heated tobacco production, to offset declining demand in the e-cigarette sector[108]. Research and Development - The company has established a mature R&D system with 597 technical R&D personnel, accounting for 28.73% of the total workforce, and has obtained 74 software copyrights and 172 patents, including 38 invention patents[51]. - The company is focusing on enhancing its core and key technology research and development efforts, particularly in AOI visual defect detection technology[108]. Market Trends and Opportunities - The demand for digitalization and automation solutions in sectors like healthcare and logistics presents new business opportunities for the company[41]. - The global electronic cigarette market is projected to reach $15 billion by 2021, driven by rapid development in regions like the US and Europe[44]. - The logistics industry in China is experiencing rapid growth, with the new retail market expected to reach approximately CNY 1.8 trillion by 2022, reflecting a compound annual growth rate (CAGR) of 115% from CNY 389.4 billion in 2017[46]. Financial Position and Investments - Cash and cash equivalents at the end of the reporting period amounted to ¥1,123,040,035.50, representing 32.67% of total assets, a decrease of 6.19% compared to the previous year[71]. - The company has seen a 20 million CNY increase in equity assets due to investments in Zhongke Rui Technology (Shenzhen) Co., Ltd.[49]. - The total amount of committed investment projects is CNY 56,577.53 million, with a cumulative investment of CNY 16,031.55 million by the end of the reporting period, representing an investment progress of 28.37%[90]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,707[154]. - The top ten shareholders include COLIBRI TECHNOLOGIES PTE LTD with a 41.87% stake and Shenzhen Huamiao Investment Co., Ltd. with an 18.52% stake[157]. - The company has maintained a stable shareholder structure with no significant changes in the ownership of directors and senior management during the reporting period[177].

Financial Performance - The company's operating revenue for Q1 2020 was ¥194,470,186.38, a decrease of 50.59% compared to ¥393,579,515.20 in the same period last year[9] - Net profit attributable to shareholders was ¥1,145,707.13, down 97.31% from ¥42,630,645.43 year-on-year[9] - The net profit after deducting non-recurring gains and losses was -¥9,769,367.20, a decline of 128.33% compared to ¥34,479,255.33 in the previous year[9] - Basic and diluted earnings per share were both ¥0.0028, down 97.58% from ¥0.1155 in the previous year[9] - Total revenue for the first quarter was CNY 194,470,186.38, a decrease of 50.5% compared to CNY 393,579,515.20 in the previous year[59] - Net profit for the quarter was CNY 4,275,988.34, a significant decline from CNY 52,450,051.99 in the same period last year, representing a decrease of 91.8%[65] - The company's operating revenue for the current period is ¥87,254,010.19, a decrease of 59.0% compared to ¥212,705,936.68 in the previous period[69] - The net profit for the current period is ¥75,944,234.51, a decrease of 35.3% compared to ¥117,455,258.18 in the previous period[72] Cash Flow and Liquidity - The net cash flow from operating activities increased by 131.21% to ¥279,348,378.89 from ¥120,821,020.51 in the same period last year[9] - Cash inflow from operating activities increased to CNY 296,979,950.29, up from CNY 217,524,839.76, representing a growth of approximately 36.5% year-over-year[83] - Net cash flow from operating activities turned positive at CNY 138,244,289.37, compared to a negative CNY 36,252,085.13 in the previous period[83] - Cash and cash equivalents increased to ¥1,204,922,467.74, up from ¥1,017,947,045.22, reflecting a growth of 18.38%[43] - Cash and cash equivalents at the end of the period stood at CNY 569,436,149.85, up from CNY 414,792,239.34, reflecting an increase of about 37.4%[86] - The net increase in cash and cash equivalents for the period was CNY 6,132,307.22, a recovery from a decrease of CNY -45,904,951.70 in the prior year[86] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,109,264,113.12, a decrease of 2.93% from ¥3,203,006,243.66 at the end of the previous year[9] - The total current assets amounted to ¥2,522,705,852.38, a decrease of 3.35% from ¥2,610,270,102.61 on December 31, 2019[43] - Total liabilities decreased to ¥593,013,760.00 from ¥663,434,321.50, a reduction of 10.57%[52] - Total liabilities rose to CNY 337,399,916.56, compared to CNY 225,543,439.05, reflecting an increase of 49.6%[59] - The total equity attributable to shareholders was ¥2,330,588,408.01, slightly down from ¥2,331,586,157.02[52] Operational Highlights - The company reported a significant increase in prepayments, rising by 268.39% to CNY 31,160,627.25, attributed to the new mask machine business[25] - Inventory levels increased by 105.32% to CNY 245,297,400.38, reflecting preparations for new order business[25] - The company achieved a 379.11% increase in cash received from investment income, totaling CNY 6,775,432.08, mainly from interest income on financial products[28] - The company reported a significant increase in contract liabilities, which rose to CNY 126,476,081.86 from CNY 34,947,749.63, indicating a growth of 262.5%[59] - The company actively expanded its product offerings by developing flat mask machines and folding mask machines, receiving positive market feedback[24] Shareholder Information - The top ten shareholders held a total of 100% of the shares, with COLIBRI TECHNOLOGIE S PTE LTD holding the largest share at 41.87%[13] - The company has no outstanding external guarantees as of the reporting date, having released its guarantee obligations[29] Research and Development - Research and development expenses increased to CNY 52,510,483.60, up from CNY 49,608,824.61, indicating a growth of 3.6%[62] - Research and development expenses increased to ¥27,728,395.53, up from ¥24,325,722.51 in the previous period, reflecting a focus on innovation[69]