证券代码：002979 证券简称：雷赛智能 公告编号：2023-018 深圳市雷赛智能控制股份有限公司 关于举办 2022 年度和 2023 年第一季度网上业绩说明会 并征集相关问题的公告 2023 年 4 月 27 日（星期四）下午 15:00-17:00 三、公司出席人员 公司董事长、总经理李卫平先生，独立董事王荣俊先生，财务总监游道平先 生，董事会秘书向少华先生。 四、投资者参与方式 投资者可登录全景网"投资者关系互动平台"（http://ir.p5w.net）参与 本次业绩说明会。 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。 深圳市雷赛智能控制股份有限公司（以下简称"公司"）拟于 2023 年 4 月 25 日在中国证监会指定的信息披露网站巨潮资讯网上披露公司《2022 年年度报 告》和《2023 年第一季度报告》。为便于广大投资者更深入全面地了解公司情 况，公司拟定于 2023 年 4 月 27 日（星期四）15:00-17:00 在全景网举办业绩说 明会，现将有关事项公告如下： 一、会议基本情况 本次业绩说明会将采用网络远程的方式举行，投资者可 ...

证券代码： 002979 证券简称：雷赛智能 深圳市雷赛智能控制股份有限公司 投资者关系活动记录表 编号：2022-03 | --- | --- | --- | |-------------------------------|-------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | 特定对象调研 | □分析师会议 | | 类别 | □媒体采访 | 业绩说明会 | | | □新闻发布会 | □路演活动 | | | 现场参观 | | | | □其他 | | | 参与单位名称及 | | | | | 华创证券，共 6 人 ...

Financial Performance - The company's revenue for Q3 2022 was ¥266,107,973.80, representing a decrease of 6.76% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2022 was ¥96,693,659.51, an increase of 77.73% year-over-year[4]. - The net profit excluding non-recurring items for Q3 2022 was ¥22,082,881.84, down 59.41% compared to the previous year[4]. - The company's basic earnings per share for Q3 2022 was ¥0.32, reflecting a 72.22% increase year-over-year[4]. - Total revenue for Q3 2022 reached CNY 939.78 million, a slight increase from CNY 929.56 million in Q3 2021, representing a growth of approximately 0.13%[32]. - Operating profit for the period was CNY 219.39 million, compared to CNY 210.06 million in the same period last year, reflecting an increase of about 4.3%[33]. - Net profit attributable to shareholders was CNY 209.20 million, up from CNY 186.27 million year-over-year, indicating a growth of approximately 12.3%[33]. - Basic earnings per share for Q3 2022 were CNY 0.72, compared to CNY 0.62 in Q3 2021, an increase of approximately 16.1%[34]. Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥2,098,409,250.36, a 27.40% increase from the end of the previous year[5]. - Total assets as of the end of Q3 2022 amounted to CNY 2.10 billion, up from CNY 1.65 billion at the end of Q3 2021, representing an increase of approximately 27.5%[31]. - Total liabilities increased to CNY 962.89 million, compared to CNY 552.69 million in the previous year, reflecting a growth of about 74%[31]. - The company's total equity attributable to shareholders was ¥1,127,294,266.40, a 5.65% increase from the previous year[5]. - The company's total equity reached CNY 1.14 billion, up from CNY 1.09 billion year-over-year, indicating a growth of about 3.9%[31]. Cash Flow - Cash flow from operating activities for the year-to-date period was ¥116,260,975.17, an increase of 63.77% year-over-year[10]. - Operating cash flow for the period was CNY 116,260,975.17, an increase of 64.0% compared to CNY 70,989,065.92 in the previous period[35]. - Total cash inflow from operating activities reached CNY 1,030,887,606.05, up from CNY 858,630,455.59, reflecting a growth of 20.0%[35]. - Cash outflow from operating activities was CNY 914,626,630.88, compared to CNY 787,641,389.67, representing an increase of 16.1%[35]. - The ending balance of cash and cash equivalents was CNY 335,324,106.70, up from CNY 166,636,620.63, reflecting a growth of 100.9%[36]. - Cash and cash equivalents rose to RMB 345.15 million, up from RMB 230.21 million at the start of the year, indicating a growth of about 50%[29]. Share Repurchase and Equity - The company repurchased a total of 4,930,157 shares, accounting for 1.60% of the total share capital, with a total expenditure of approximately RMB 127.82 million[14][17]. - The maximum transaction price during the share repurchase was RMB 29.40 per share, while the minimum was RMB 17.11 per share, with an average repurchase price of RMB 25.93 per share[17]. - The company plans to use its own funds to repurchase shares for future employee stock ownership plans, with a total repurchase amount not less than RMB 100 million and not exceeding RMB 190 million[16]. - The company’s major shareholder, Li Weiping, holds 27.86% of the shares, totaling 86,130,000 shares[13]. - The second-largest shareholder, Shi Huimin, holds 7.88% of the shares, totaling 24,360,000 shares[13]. - The company’s total share capital includes shares held in a repurchase account, which do not enjoy voting rights or profit distribution rights[14]. - The company approved the initial grant of 7.5 million restricted stocks under the 2022 incentive plan, with an estimated total incentive cost of RMB 85.425 million, to be amortized over four years[21]. Research and Development - Research and development expenses increased to CNY 114.94 million, compared to CNY 97.29 million in the previous year, marking a rise of about 18.2%[32]. Other Financial Activities - The company reported an investment loss of CNY 4.64 million from joint ventures, a significant decline from a gain of CNY 0.98 million in the previous year[33]. - Other comprehensive income after tax for the period was CNY 201,585.02, compared to a loss of CNY 22,285.58 in the same period last year[33]. - Cash received from the disposal of subsidiaries and other operating units amounted to CNY 77,141,058.94[36]. - Cash paid for the purchase of fixed assets and intangible assets was CNY 245,259,048.80, compared to CNY 87,634,166.34 in the previous period[36]. Incentive Plans - The company has implemented a 2022 restricted stock incentive plan, which was approved by the board and the shareholders[19][20]. - The company’s board of directors authorized management to handle the share repurchase matters, ensuring compliance with the repurchase plan[16]. - The company has not received any objections regarding the incentive plan from the supervisory board or relevant departments during the public notice period[19]. - The stock option incentive plan was approved on August 25, 2022, with independent opinions from the supervisory board and independent directors[23]. - The employee stock ownership plan aims to raise a total of RMB 45.9008 million, involving up to 270 key personnel, with shares sourced from the company's repurchased stock, accounting for 0.83% of the total share capital[25].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥673,675,170.64, representing a 4.58% increase compared to ¥644,153,363.39 in the same period last year[25]. - The net profit attributable to shareholders decreased by 14.68% to ¥112,503,322.02 from ¥131,866,641.37 year-on-year[25]. - Basic and diluted earnings per share fell by 13.64% to ¥0.38, compared to ¥0.44 in the same period last year[25]. - The total assets increased by 29.16% to ¥2,127,382,203.02 from ¥1,647,131,352.99 at the end of the previous year[25]. - The net assets attributable to shareholders rose by 3.30% to ¥1,102,207,291.69 from ¥1,066,992,086.88 at the end of the previous year[25]. - The weighted average return on equity decreased to 10.37% from 11.95% year-on-year, reflecting a decline of 1.58%[25]. - The company reported a net cash increase of CNY 24.22 million, a turnaround from a net decrease of CNY 261.10 million in the previous year, driven by changes in operating, investing, and financing activities[46]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2022, representing a year-over-year growth of 25%[91]. - The net profit attributable to shareholders was 59,535 million yuan, indicating a stable performance with no significant changes from the previous period[150]. Cash Flow and Investments - The net cash flow from operating activities dropped significantly by 62.12% to ¥26,708,638.41, down from ¥70,502,623.58 in the previous year[25]. - The operating cash flow decreased significantly by 62.12% to CNY 26.71 million, down from CNY 70.50 million, attributed to strategic inventory purchases[46]. - The company reported a net cash outflow from investing activities of CNY -194,280,572.69, compared to CNY -275,663,308.07 in the same period last year[145]. - The company is focusing on reducing cash outflows from investments and improving cash inflows from financing to enhance liquidity and operational flexibility[147]. - The company has invested a total of RMB 445.85 million in committed investment projects, with RMB 395.36 million utilized as of the reporting period[64]. Research and Development - The company made substantial advancements in R&D, particularly in PLC and servo systems, with new products achieving significant market breakthroughs[36]. - Research and development expenses rose by 13.09% to CNY 71.28 million, compared to CNY 63.03 million, reflecting the company's commitment to increasing R&D investment[46]. - The company is facing R&D risks due to the technology-intensive nature of its industry, which may impact its profitability if product development fails[70]. - To mitigate R&D risks, the company will increase investment in R&D and strengthen collaboration with domestic universities and research institutions[71]. Market Strategy and Competition - The company faces various operational risks, which are detailed in the report, and has outlined corresponding mitigation strategies[6]. - The overall business strategy is focused on expanding into strategic emerging industries, laying the groundwork for future growth over the next five to ten years[36]. - The company aims to strengthen its core competitiveness by optimizing existing product categories and extending core technologies through investments in production and office equipment[65]. - The company faces intensified market competition, particularly from foreign brands expanding their product lines in the high-end market[73]. - To address competition, the company will focus on improving product quality and service, while increasing brand awareness in key markets[73]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares for this period[7]. - The company has committed to not transferring or entrusting the management of its shares for 36 months post-IPO, with ongoing compliance[90]. - The company will notify and offer any competitive business opportunities to its main business to ensure shareholder interests are protected[92]. - The company has implemented a stock incentive plan, with all incentive objects committing to return any benefits obtained from the plan back to the company[94]. - The company reported a profit distribution of RMB 104 million to shareholders during the reporting period[159]. Organizational Changes - A major organizational transformation has been implemented, shifting from single product marketing to a "product combination + solution marketing" approach[36]. - The company has established a comprehensive marketing service network, combining industry direct sales with regional distribution to enhance customer service[40]. - The company has a strategy for employee stock ownership plans through the repurchase of shares[110]. Financial Compliance and Reporting - The semi-annual financial report was not audited, indicating that the financial data may not have undergone external verification[97]. - The company adheres to the Chinese Accounting Standards, ensuring that the financial statements accurately reflect its financial position and operating results[172]. - The financial statements are prepared based on the going concern principle, with no identified issues affecting the company's ability to continue operations for the next 12 months[170].

Financial Performance - The company's revenue for Q1 2022 was CNY 302,410,025.05, representing a year-on-year increase of 1.05% compared to CNY 299,276,881.64 in the same period last year[4]. - Net profit attributable to shareholders decreased by 10.64% to CNY 55,169,123.49 from CNY 61,736,561.09 in the previous year[4]. - Total operating revenue for Q1 2022 was CNY 302,410,025.05, a slight increase of 0.38% compared to CNY 299,276,881.64 in Q1 2021[25]. - Net profit for Q1 2022 was CNY 53,013,483.72, a decrease of 18.98% from CNY 65,430,779.72 in Q1 2021[26]. - The company reported a decrease in comprehensive income to CNY 52,999,436.80 from CNY 65,439,013.78 in the same quarter last year, a decline of 19.00%[27]. Cash Flow - The company reported a net cash flow from operating activities of CNY 12,256,642.72, down 4.54% from CNY 12,840,136.98 in the same period last year[4]. - Total cash inflow from operating activities reached ¥296,033,177.34, up 18.1% from ¥250,731,604.60 in the same period last year[29]. - Cash outflow from operating activities was ¥283,776,534.62, an increase of 19.3% compared to ¥237,891,467.62 in the previous year[29]. - The net cash flow from financing activities surged by 390.07% to CNY 228,083,932.49, primarily due to an increase in bank loans[10]. - Cash inflow from financing activities totaled ¥284,000,000.00, significantly higher than ¥50,000,000.00 in the previous year, marking a 468% increase[30]. Assets and Liabilities - Total assets grew by 19.94% to CNY 1,975,541,265.82 from CNY 1,647,131,352.99 at the end of the previous year[5]. - Total liabilities increased to CNY 828,100,346.24, compared to CNY 552,689,870.21 in Q1 2021, representing a rise of 49.83%[22]. - The company's cash and cash equivalents were CNY 1,335,472,605.42, an increase from CNY 1,213,095,038.16 in the previous year, indicating a growth of 10.06%[21]. - The company's long-term borrowings increased significantly to CNY 292,300,000.00 from CNY 103,700,000.00, reflecting a growth of 181.5%[22]. Research and Development - R&D expenses increased by 21.50% to CNY 32,160,173.13 compared to CNY 26,470,099.04 in the previous year, indicating a significant rise in investment in research and development[9]. - R&D expenses increased to CNY 32,160,173.13 in Q1 2022, compared to CNY 26,470,099.04 in Q1 2021, reflecting a growth of 21.5%[26]. Shareholder Information - The company has repurchased a total of 3,920,330 shares, accounting for 1.30% of the total share capital, with a total expenditure of approximately RMB 109.98 million[16]. - The company has a share repurchase plan approved with a budget between RMB 100 million and RMB 190 million, with a maximum repurchase price of RMB 42.00 per share[15]. - The company’s major shareholders include Li Weiping, holding 28.56% of shares, and Shi Huimin, holding 8.08%[13]. Operational Developments - The company has resumed full operations following the effective control of COVID-19 in Shenzhen and surrounding areas, with strong industry demand reported[5]. - The company plans to invest in a new headquarters and R&D center, with a total property price not exceeding RMB 360 million, aimed at enhancing operational efficiency and employee satisfaction[18]. - The company aims to improve its employee work environment and retain talent through the new office space, which is expected to boost overall productivity[18]. - The company is focused on expanding its market presence and enhancing its competitive edge through strategic investments and acquisitions[18]. Inventory and Receivables - Accounts receivable increased to RMB 352.84 million from RMB 298.70 million, representing a growth of approximately 18.1%[20]. - Inventory levels rose to RMB 436.83 million, up from RMB 394.10 million, indicating an increase of around 10.9%[20]. - The company experienced a 151.00% increase in prepayments, rising to CNY 14,594,680.95, attributed to inventory purchases[8]. Audit and Compliance - The company did not conduct an audit for the first quarter report[31].

Financial Performance - The company reported a total revenue of 1.5 billion yuan for the year 2021, representing a year-on-year increase of 15%[21]. - The net profit attributable to shareholders for 2021 was 300 million yuan, reflecting a growth of 20% compared to the previous year[21]. - The company's operating revenue for 2021 was ¥1,203,158,184.15, representing a 27.13% increase compared to ¥946,426,258.88 in 2020[22]. - The net profit attributable to shareholders for 2021 was ¥218,315,646.85, a 24.05% increase from ¥175,993,196.22 in 2020[22]. - The net profit after deducting non-recurring gains and losses was ¥203,348,109.03, up 25.58% from ¥161,928,648.08 in 2020[22]. - The company's total assets at the end of 2021 were ¥1,647,131,352.99, a 19.48% increase from ¥1,378,560,778.94 at the end of 2020[22]. - The weighted average return on equity for 2021 was 19.54%, an increase of 1.81% from 17.73% in 2020[22]. - The company reported a net cash flow from operating activities of ¥111,258,124.14, a slight decrease of 2.61% compared to ¥114,237,628.31 in 2020[22]. - The company achieved a net profit attributable to the parent company of CNY 218,315,646.85, with a net profit of CNY 184,477,324.96 for the parent company[156]. - The profit distribution plan includes a cash dividend of CNY 2.00 per 10 shares (including tax), totaling CNY 59,535,934.00, and a capital reserve transfer of 4.5 shares for every 10 shares, increasing total shares to 301,600,000[154]. Market Strategy and Expansion - The company is focusing on expanding its market presence and enhancing its product offerings in the automation sector[4]. - The company is positioned to benefit from the "machine replacement" trend in the motion control industry, driven by the demand for automation in manufacturing[29]. - The domestic market for motion control products is experiencing a trend towards localization, with domestic brands gaining market share[29]. - The company expanded its market presence by successfully launching new products in various sectors, including semiconductor, photovoltaic, and logistics[48]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[128]. - A strategic acquisition of a local competitor is in progress, which is anticipated to increase the company's market share by 15%[128]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by 2025[178]. Research and Development - The company has invested in new technology development, particularly in servo systems and motion control solutions[4]. - The company focuses on R&D and product innovation, employing an integrated product development process to meet customer needs effectively[35]. - The company maintains a research and development investment of approximately 10% of total revenue annually, with R&D expenses as a percentage of revenue being 10.03%, 9.96%, 9.24%, and 11.28% from 2018 to 2021[41]. - The company is investing 100 million RMB in R&D for innovative technologies over the next three years[128]. - The company aims to increase R&D investment and improve product competitiveness in PLC, servo systems, stepper systems, and encoders, while developing new technologies that integrate machine vision with motion control[94]. - The company has established long-term partnerships with several domestic universities to enhance its R&D capabilities and accelerate product development[97]. Risk Management - The company has no significant risks affecting its ongoing profitability and future development strategies[4]. - The company is facing risks related to R&D, including potential project failures that could impact profitability, and plans to increase R&D investment and improve market research[96]. - The company is addressing the risk of core technical personnel turnover by enhancing its compensation system and fostering an innovative corporate culture[98]. - The company recognizes the risk of intensified market competition and aims to enhance product quality and service to maintain its market share[99]. - The company faced rising raw material prices during the reporting period, which impacted operating profit[101]. - The company chose not to pass the cost pressure from rising material prices onto clients, opting instead for product design optimization and internal management efficiency improvements[101]. Corporate Governance - The company has a robust internal control system that complies with relevant regulations and standards[114]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal requirements[107]. - The company has conducted three shareholder meetings during the reporting period, ensuring equal treatment of all shareholders[106]. - The company has a dedicated investor relations management team to enhance communication with investors and ensure timely information disclosure[112]. - The company has established a complete governance structure and internal control system, ensuring the protection of shareholder rights[169]. - The company emphasizes continuous improvement in governance and internal control to adapt to changing internal and external environments[165]. Employee Management - The total number of employees at the end of the reporting period is 1,077, with 616 in the parent company and 461 in major subsidiaries[148]. - The professional composition includes 394 production personnel, 192 sales personnel, 379 technical personnel, 30 financial personnel, and 82 administrative personnel[148]. - The company has established a differentiated compensation system linked to performance, with a combination of fixed and variable income[150]. - The company has established a comprehensive employee performance evaluation and incentive mechanism to attract and retain talent[110]. - The company encourages continuous employee training and development, fostering a culture of learning and collaboration[171]. Social Responsibility and Compliance - The company has committed to fulfilling its social responsibilities while achieving economic and environmental benefits[168]. - The company has no reported environmental accidents or issues, indicating a strong commitment to environmental compliance[167]. - The company adheres to ISO14001 environmental management standards, achieving compliance in waste emissions and actively promoting resource conservation[172]. - The company maintains open communication with government and media, fulfilling tax obligations and contributing to local community development[173]. - The company has not initiated any targeted poverty alleviation programs during the reporting period[174]. Shareholder Engagement - The company plans to distribute a cash dividend of 2.0 yuan per 10 shares (including tax) to all shareholders, with no bonus shares issued[4]. - The total cash dividend, including other methods, amounts to CNY 169,519,525.78, representing 100% of the profit distribution total[154]. - The company reaffirmed its commitment to shareholder returns, planning to distribute a cash dividend of 0.5 RMB per share[177]. - Shareholder returns are expected to improve, with a proposed dividend increase of 5% for the upcoming year[178].

Financial Performance - The company's revenue for Q3 2021 was CNY 285,408,897.75, representing a 9.70% increase year-over-year, and a total revenue of CNY 929,562,261.14 for the year-to-date, up 33.66% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2021 was CNY 54,404,446.59, a 5.75% increase year-over-year, with a year-to-date net profit of CNY 186,271,087.96, up 28.87%[5] - Total operating revenue for Q3 2021 reached CNY 929,562,261.14, an increase of 33.7% compared to CNY 695,470,114.27 in the same period last year[24] - Net profit for Q3 2021 was CNY 195,672,809.45, representing a 27.5% increase from CNY 153,538,598.28 in Q3 2020[26] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.62, compared to CNY 0.54 in Q3 2020[26] Assets and Liabilities - The company's total assets at the end of Q3 2021 were CNY 1,538,188,893.80, an increase of 11.58% from the end of the previous year[6] - Total assets as of Q3 2021 were CNY 1,538,188,893.80, up from CNY 1,378,560,778.94 at the end of the previous year[24] - Total liabilities increased to CNY 472,489,302.78, compared to CNY 260,971,270.12 in the same period last year[22] - Total liabilities amounted to CNY 260,971,270.12, with non-current liabilities at CNY 9,297,037.98[32] - The company's equity attributable to shareholders was CNY 1,035,108,353.72, down from CNY 1,088,417,810.47 year-on-year[22] Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 70,989,065.92, showing a slight decrease of 1.30%[5] - The total cash inflow from operating activities was CNY 858,630,455.59, an increase of 41.5% compared to CNY 606,599,241.47 in the previous period[27] - The net cash flow from operating activities was CNY 70,989,065.92, slightly down from CNY 71,923,873.76 in the previous period[27] - The net cash flow from financing activities was negative at CNY -155,617,297.02, a decrease of 152.01% compared to the previous year, due to share repurchases[13] - The total cash inflow from financing activities was CNY 112,350,000.00, down from CNY 456,928,698.16 in the previous period[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,454[15] - The largest shareholder, Li Weiping, holds 28.56% of the shares, totaling 86,130,000 shares[15] - The company has repurchased a total of 3,920,330 shares, accounting for 1.30% of the total share capital before the repurchase plan[16] - The total amount spent on share repurchase is approximately RMB 109.98 million, with a maximum purchase price of RMB 42.00 per share[18] - The company plans to continue its share repurchase program within the designated timeframe based on market conditions[18] Research and Development - Research and development expenses increased significantly by 61.27% year-over-year, totaling CNY 97,286,752.99, reflecting the company's commitment to innovation[12] - R&D expenses increased to CNY 97,286,752.99, a rise of 61.2% compared to CNY 60,324,818.59 in the previous year[25] Inventory and Receivables - The company's inventory increased by 47.39% year-over-year to CNY 361,853,622.02, driven by growth in business scale and strategic stocking of certain raw materials[11] - Accounts receivable increased to RMB 320.82 million from RMB 213.59 million year-over-year[20] - Inventory has risen to RMB 361.85 million, compared to RMB 245.51 million at the end of 2020[20] Other Financial Metrics - The gross profit margin decreased by 1.8% due to rising raw material prices, despite a 37.98% increase in operating costs to CNY 541,128,607.95[12] - The company reported a 46.49% increase in investment income, amounting to CNY 3,694,910.66, attributed to increased cash management income[12] - Cash and cash equivalents at the end of Q3 2021 were CNY 4,650,000.00, a decrease from CNY 5,000,000.00 in the previous quarter[22] - The ending balance of cash and cash equivalents was CNY 166,636,620.63, down from CNY 233,793,140.41 in the previous period[28] Reporting and Standards - The third quarter report was not audited, indicating preliminary financial data[33] - The company adopted the new leasing standards from January 1, 2021, impacting the measurement of lease liabilities and right-of-use assets[32] - The report was released on October 26, 2021, providing insights into the company's financial performance for Q3 2021[34]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥644,153,363.39, representing a 47.98% increase compared to ¥435,293,212.69 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was ¥131,866,641.37, up 41.64% from ¥93,098,576.76 in the previous year[23]. - The net cash flow from operating activities reached ¥70,502,623.58, a significant increase of 135.75% compared to ¥29,905,768.48 in the same period last year[23]. - Basic earnings per share rose to ¥0.44, an 18.92% increase from ¥0.37 in the previous year[23]. - The overall operating costs increased by 52.77% to ¥369,831,268.69, primarily due to rising raw material prices and increased revenue[57]. - The total operating revenue for the reporting period was CNY 644,153,363.39, representing a year-on-year increase of 47.98% compared to CNY 435,293,212.69[61]. - The company's total assets as of June 30, 2021, were CNY 1,500,137,186.21, compared to CNY 1,261,662,936.43 at the end of 2020, marking an increase of about 19%[179]. - The total equity attributable to shareholders was CNY 1,008,219,305.55, compared to CNY 949,627,805.90 in the previous year, showing a growth of about 6%[179]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,633,352,306.43, an 18.48% increase from ¥1,378,560,778.94 at the end of the previous year[23]. - The company's cash and cash equivalents decreased to CNY 267,688,120.88, down 21.97% from CNY 528,790,468.69 at the end of the previous year[69]. - Accounts receivable increased to CNY 318,347,864.80, which is 19.49% of total assets, reflecting a growth due to increased operating revenue[69]. - The total current liabilities increased to CNY 70,000,000.00 from CNY 10,000,000.00, indicating a substantial rise in short-term borrowings[168]. - The company's long-term equity investments grew to CNY 109,308,632.73 from CNY 81,669,008.02, representing an increase of about 33.9%[167]. Research and Development - The company's R&D investment as a percentage of revenue was 10.03%, 9.96%, and 9.24% from 2018 to 2020, indicating a leading position in the industry[45]. - Research and development expenses increased significantly to CNY 63,034,152.58, up 68.98% from CNY 37,303,274.24[59]. - Research and development expenses increased to CNY 28.93 million in the first half of 2021, compared to CNY 14.43 million in the same period of 2020, reflecting a 100% increase[188]. Market and Product Development - The company focuses on the intelligent equipment motion control sector, providing high-value motion control components and system solutions to thousands of manufacturing enterprises[30]. - The overall market demand for motion control products has been exceptionally strong, driven by automation in manufacturing and government support for strategic emerging industries[39]. - The company has successfully launched new product series, including the high-end servo L8 series and motion control PLC series, expanding into new sectors such as photovoltaic and lithium battery industries[40]. - The sales revenue of the stepper system increased by 37.8% during the reporting period, driven by the optimization of closed-loop control algorithms and the introduction of new products[52]. - The low-voltage servo system sales revenue grew by 60%, while the sales of the AC servo system increased by approximately 100%, contributing to an overall growth of 88.2% in servo system products[54]. Risks and Challenges - The company faces various operational risks and has outlined measures to address these risks in its report[5]. - The company anticipates challenges in the second half of 2021 due to global supply chain issues and potential declines in downstream demand[55]. - The company faces risks related to R&D, including potential project failures and market competition, and plans to increase R&D investment and improve market research[83][85]. - The company is addressing the risk of core technical personnel turnover by enhancing its compensation system and fostering an innovative corporate culture[84]. - The company is monitoring raw material price increases and aims to optimize internal management to mitigate cost pressures[87]. Shareholder Information - The company held its first extraordinary shareholders' meeting on January 15, 2021, with an investor participation rate of 56.78%[90]. - The annual shareholders' meeting for 2020 took place on April 27, 2021, with a participation rate of 62.02%[90]. - Major shareholder Li Weiping holds 28.56% of the shares, totaling 86,130,000 shares, with an increase of 26,730,000 shares during the reporting period[146]. - The company has a total of 156,002,000 shares held by various shareholders, with significant holdings from multiple entities[144]. - The company has a total of 22,742.53 square meters of leased properties for various purposes, including research and manufacturing[125]. Compliance and Governance - The company has passed the ISO 14001:2015 environmental management system certification, indicating a commitment to environmental protection[98]. - The company has established a series of procedures for environmental management, ensuring compliance with national environmental standards[98]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[97]. - The financial report for the first half of 2021 was not audited[163]. - The company did not experience any bankruptcy reorganization matters during the reporting period[112].

Financial Performance - The company's revenue for Q1 2021 was ¥299,276,881.64, representing a 78.57% increase compared to ¥167,594,211.95 in the same period last year[9]. - Net profit attributable to shareholders was ¥61,736,561.09, up 118.64% from ¥28,236,438.09 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥58,177,197.23, reflecting a 127.65% increase from ¥25,555,849.14 in the previous year[9]. - Basic and diluted earnings per share were both ¥0.30, up 66.67% from ¥0.18 in the previous year[9]. - The company reported a significant increase in revenue for Q1 2021, with a year-over-year growth of 25%[25]. - Net profit for Q1 2021 was CNY 65,430,779.72, up from CNY 30,103,930.52 in Q1 2020, reflecting a growth of about 117.9%[54]. - The company’s total comprehensive income for Q1 2021 was CNY 65,438,013.78, compared to CNY 30,144,798.00 in Q1 2020, indicating a growth of about 116.7%[54]. Cash Flow - The net cash flow from operating activities was ¥12,840,136.98, a significant increase of 831.32% compared to ¥1,378,706.80 in the same period last year[9]. - The net cash flow from operating activities surged by 831.32% to ¥12,840,136.98, attributed to increased sales collections and tax refunds[20]. - The net cash flow from operating activities for the current period is ¥14,964,333.62, a significant improvement compared to the previous period's net cash flow of -¥72,453,618.90[64]. - Total cash inflow from operating activities reached ¥191,165,297.78, up from ¥105,113,195.82 in the previous period, indicating a growth of approximately 81.8%[64]. - The company reported a cash outflow from investing activities of CNY 215,511,513.64, compared to CNY 41,238,326.24 in the previous period[62]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,604,106,731.51, an increase of 16.36% from ¥1,378,560,778.94 at the end of the previous year[9]. - The company's total assets increased from RMB 1.38 billion at the end of 2020 to RMB 1.60 billion by March 31, 2021[44]. - The total liabilities increased significantly, with accounts payable rising by 29.80% to ¥233,281,629.74, driven by strategic inventory stocking[17]. - Total liabilities increased to CNY 499,076,375.08 in Q1 2021 from CNY 312,035,130.53 in Q1 2020, marking a rise of about 59.9%[50]. - The company's total liabilities rose from RMB 260.97 million at the end of 2020 to RMB 419.01 million by March 31, 2021[45]. Shareholder Information - The company reported a total of 11,497 common shareholders at the end of the reporting period[13]. - The largest shareholder, Li Weiping, holds 28.56% of the shares, totaling 59,400,000 shares[13]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[14]. Research and Development - Research and development expenses grew by 63.66% to ¥26,470,099.04, indicating a focus on enhancing R&D capabilities[19]. - The company has invested RMB 6.94 million in the R&D center technology upgrade project, achieving a progress rate of 48.54%[33]. - Ongoing developments in new technologies, with an investment of 5 million in R&D for innovative product features[30]. Market Strategy - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2021[29]. - New product launches are anticipated to contribute an additional 10% to overall revenue in the upcoming quarter[28]. - The company has initiated a strategic acquisition plan, aiming to acquire two smaller firms to enhance its product offerings by Q3 2021[31]. Financial Guidance - The company provided a revenue guidance for Q2 2021, expecting a growth rate of 20% year-over-year[27]. Other Financial Metrics - The company's cash and cash equivalents decreased by 29.52% to ¥372,668,745.49 due to idle funds being used to purchase financial products[17]. - The company reported a net increase in cash and cash equivalents of -¥156,121,723.20, reflecting the overall impact of cash flow activities[20]. - The company's total comprehensive income for the period was CNY 65,439,013.78, compared to CNY 30,144,798.00 in the previous period[58].

Financial Performance - The company's operating revenue for 2020 was ¥946,426,258.88, representing a 42.69% increase compared to ¥663,263,981.11 in 2019[6]. - The net profit attributable to shareholders for 2020 was ¥175,993,196.22, a 63.55% increase from ¥107,606,978.54 in 2019[6]. - The net profit after deducting non-recurring gains and losses was ¥161,928,648.08, up 82.67% from ¥88,647,869.25 in 2019[6]. - The net cash flow from operating activities for 2020 was ¥114,237,628.31, a 57.11% increase from ¥72,710,575.78 in 2019[6]. - The total assets at the end of 2020 were ¥1,378,560,778.94, a 76.02% increase from ¥783,192,532.52 at the end of 2019[6]. - The net assets attributable to shareholders at the end of 2020 were ¥1,088,417,810.47, an 81.24% increase from ¥600,548,078.97 at the end of 2019[6]. - The basic earnings per share for 2020 were ¥0.90, a 30.43% increase from ¥0.69 in 2019[6]. - The company achieved a total revenue of ¥946,426,258.88 in 2020, representing a year-on-year growth of 42.69%[45]. - The net profit attributable to the parent company reached ¥175,993,196.22, an increase of 63.55% compared to the previous year[45]. Profit Distribution - The company reported a profit distribution plan based on a base of 208 million shares, proposing a cash dividend of 5 RMB per 10 shares (including tax) and a capital reserve increase of 4.5 shares per 10 shares[5]. - The company implements a stable profit distribution policy, prioritizing cash dividends, with a minimum of 20% of the distributable profit to be distributed in cash annually[99]. - The profit distribution plan requires approval from the board, independent directors, and the shareholders' meeting[106]. - The company plans to distribute a cash dividend of 0.5 CNY per share, totaling 10.4 million CNY based on 208 million shares as of December 31, 2020[113]. - The total cash dividend for 2020 amounts to 249.6 million CNY, representing 141.82% of the net profit attributable to ordinary shareholders[111]. - The company's available distributable profit is 318.09 million CNY, with cash dividends accounting for 100% of the profit distribution[112]. - The company has not proposed any ordinary share cash dividend distribution plan despite having positive profits available for distribution to ordinary shareholders[111]. - The company aims to maintain a cash dividend ratio of at least 30% over any three consecutive years[102]. Research and Development - The company focuses on the intelligent equipment motion control sector, providing high-value motion control components and system solutions[28]. - The company has a strong emphasis on R&D and product innovation, with a structured approach involving product, R&D, and testing centers[30]. - The company has developed an innovative five-step product innovation process called IPDPI, which includes idea generation, product definition, development, testing, and market introduction[31]. - The company's R&D investment as a percentage of revenue was 10.03%, 9.96%, and 9.24% for the years 2018-2020, indicating a strong commitment to innovation[39]. - The total R&D expenses for 2020 amounted to ¥87,458,198.46, representing 9.24% of operating revenue, with a 32.39% increase compared to 2019[61]. - The company plans to increase R&D investment to improve product technology and quality levels, aiming for sustainable growth in emerging markets[45]. - The company will increase R&D investment to enhance the competitiveness of its programmable controllers, servo systems, stepper systems, and encoders, while also developing new products that integrate machine vision and motion control[92]. Market and Competition - The company faces risks including macroeconomic fluctuations, uncertainties from the US-China trade war, market competition, and technology development risks[5]. - The market demand for motion control products has been positively influenced by domestic industrial upgrades and automation improvements, leading to a growing market capacity[34]. - The competitive landscape is intensifying, with both domestic and foreign companies expanding their product offerings, posing a risk to the company's market performance[94]. - The company aims to enhance its competitive edge by developing tailored motion control solutions for specific industry clients, thereby increasing market share[35]. - The Chinese motion control industry is expected to experience significant growth due to the "machine replacement" trend, with demand potentially increasing several times over the next decade[90]. Corporate Governance - The company has established a sound corporate governance structure, including a shareholders' meeting, board of directors, and supervisory board, all functioning independently[200]. - The company’s governance structure includes independent directors, ensuring compliance and oversight in its operations[176]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with relevant laws and regulations[196]. - The company has maintained a stable leadership team with no significant changes in shareholding among current directors and supervisors[174]. - The company has a clear and independent personnel structure, with all senior management exclusively working for the company and not holding positions in related enterprises[200]. Subsidiaries and Investments - The company established a new subsidiary, Shenzhen Lingxi Automation Technology Co., Ltd., in July 2020, holding 70% of its shares[55]. - The company has made a new investment of ¥5,000,000.00 in Jiaxing Huairuisheng Silver Industry Fund[69]. - The company invested RMB 50 million in a partnership fund with a total planned contribution of RMB 120 million[126]. - The company has replaced RMB 55.70 million of self-raised funds with raised funds for project investments, ensuring compliance with the investment project requirements[83]. Risks and Challenges - The company faces risks related to R&D, including potential failures in product development that could impact profitability[93]. - There is a risk of losing core technical personnel, which could weaken the company's R&D capabilities amid increasing demand for talent in the motion control sector[94]. - The company is also exposed to macroeconomic fluctuations, which can affect demand for its products in the context of economic downturns[94]. Employee and Management - The total number of employees in the company is 846, with 541 in the parent company and 305 in major subsidiaries[189]. - The company has established a differentiated compensation system that links employee income to organizational and individual performance[190]. - The company provides various benefits including commercial insurance, holiday benefits, annual health check-ups, and other employee care benefits[191]. - The company has implemented a three-level training management system to enhance employee capabilities and support organizational development[192].