证券代码：003028 证券简称：振邦智能 公告编号：2023-040 深圳市振邦智能科技股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 深圳市振邦智能科技股份有限公司（以下简称"公司"）定于 2023 年 4 月 4 日（周二）15:00-17:30 在全景网举办 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" 参与本次年度业绩说明会。 出席本次说明会的人员有：公司副董事长、财务总监、董事会秘书、独立董 事、保荐代表人。 （问题征集专题页面二维码，扫码自动匹配移动端） 深圳市振邦智能科技股份有限公司 董 事 会 2023 年 3 月 30 日 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 2023 年 4 月 3 日（周一）18：00 前访问 https://ir.p5w.net/zj/，或扫描下方二维码， 进入问题征集专题页面。公司将在 2022 年 ...

深圳市振邦智能科技股份有限公司 2022 年第三季度报告 证券代码：003028 证券简称：振邦智能 公告编号：2022-064 深圳市振邦智能科技股份有限公司 2022 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 1 公司不存在其他符合非经常性损益定义的损益项目的具体情况。 深圳市振邦智能科技股份有限公司 2022 年第三季度报告 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 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥568.33 million, a decrease of 5.96% compared to ¥604.37 million in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥85.67 million, down 11.51% from ¥96.81 million in the previous year[19]. - The basic earnings per share for the first half of 2022 was ¥0.77, a decrease of 12.50% from ¥0.88 in the same period last year[19]. - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was approximately ¥79.44 million, down 11.42% from ¥89.68 million in the same period last year[19]. - The company achieved a sales revenue of 568.33 million yuan, a year-on-year decrease of 5.96%[33]. - The net profit for the reporting period was 85.67 million yuan, down 11.51% year-on-year, with a gross profit margin of 26.19%, an increase of 0.66%[33]. - The weighted average return on net assets decreased to 6.71%, down from 8.98% in the previous year[19]. - The company reported a total comprehensive income of CNY 87,841,278.71, compared to CNY 96,468,662.95 in the first half of 2021[144]. - The company’s total profit for the first half of 2022 was approximately ¥93.81 million, a decrease of 14.5% from ¥109.79 million in the previous year[147]. - The company’s net profit margin for the first half of 2022 was reported at 9.6%, indicating a stable profitability level[159]. Cash Flow and Assets - The net cash flow from operating activities significantly improved to approximately ¥188.96 million, compared to a negative cash flow of ¥17.67 million in the same period last year, representing an increase of 1,169.21%[19]. - Cash and cash equivalents increased by 152.63% to CNY 232,931,589.00, primarily due to increased cash collection and reduced financial product investments[42]. - The company's inventory decreased by 5.06% to CNY 300,502,898.68, reflecting improved inventory management[46]. - The total assets at the end of the reporting period were approximately ¥1.72 billion, an increase of 2.28% from ¥1.68 billion at the end of the previous year[19]. - The total liabilities decreased from CNY 454,853,550.27 to CNY 419,485,966.70, a reduction of about 7.8%[136]. - The company's cash and cash equivalents increased to CNY 502,154,510.24 from CNY 269,222,921.24, representing a significant growth of 86.4%[134]. - The company's total assets amounted to CNY 1,711,509,974.64, compared to CNY 1,673,730,669.39 at the end of the previous period[140]. Research and Development - R&D expenses increased by 54.75% due to investments in new technologies and talent acquisition[33]. - The company has allocated 32 million yuan for research and development in new technologies, aiming to innovate and improve product offerings[160]. - The company is focusing on enhancing its technological capabilities through research and development initiatives aimed at innovation[164]. - Research and development expenses increased to CNY 37,635,655.09, up 54.67% from CNY 24,319,953.93 in the first half of 2021[143]. Market Strategy and Expansion - The company is focusing on the development of energy storage and inverter sectors, leveraging its technological and manufacturing advantages[32]. - The company is actively expanding its market presence and investing in industrial land to increase production capacity[34]. - The company plans to expand its market presence and invest in new product development to enhance competitive advantage[160]. - Future guidance suggests a revenue growth target of 10% for the next fiscal year, driven by market expansion strategies[160]. - The company is exploring potential mergers and acquisitions to accelerate growth and diversify its product portfolio[160]. Risks and Challenges - The company faces risks related to macroeconomic downturns, increased industry competition, and fluctuations in raw material prices[3]. - The company is exposed to raw material price fluctuations, particularly for integrated circuits and other components, which could affect operational costs[63]. - The company is at risk of declining gross margins due to rapid business expansion and external market pressures[64]. - The company faces macroeconomic risks due to factors such as trade friction and inflation, which may impact production and profitability[62]. Corporate Governance and Compliance - The company emphasizes the importance of maintaining long-term strategic partnerships with customers, focusing on customer satisfaction as a key performance metric[82]. - The company has established effective internal control systems to protect the rights of shareholders, especially minority shareholders[81]. - The company has not reported any significant changes in its main business data during the reporting period[44]. - The company has not engaged in any violations regarding external guarantees during the reporting period[88]. Environmental Responsibility - The company is committed to environmental protection and sustainable development, actively investing in green technologies and adhering to national energy-saving and emission-reduction policies[82]. - The company emphasizes environmental protection and complies with various environmental laws and regulations[79]. - The company has implemented measures to ensure that all pollutants meet national environmental standards through regular third-party inspections[79]. Shareholder Information - The company has a total share capital of 111,402,280 shares after the issuance of 438,400 new shares and the cancellation of 39,000 restricted shares[112]. - The company’s shareholding structure shows that 75.40% of shares are held by limited sale condition shareholders[112]. - The company granted 438,400 restricted stocks at a price of 21.16 CNY per share to 94 eligible incentive objects on March 4, 2022[73]. - The company completed the registration of the granted restricted stocks and stock options for the 2021 incentive plan by May 10, 2022[73]. Financial Reporting and Audit - The company’s half-year financial report was not audited, indicating a potential area for future scrutiny[89]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the accuracy and completeness of its financial reporting[171]. - The company’s accounting period is from January 1 to December 31, aligning with standard fiscal year practices[172].

Financial Performance - The company's revenue for Q1 2022 was CNY 287,553,976.89, representing a 1.27% increase compared to CNY 283,938,677.02 in the same period last year[2] - Net profit attributable to shareholders decreased by 20.57% to CNY 42,501,513.31 from CNY 53,508,926.39 year-on-year[2] - Total operating revenue for the current period reached ¥287,553,976.89, an increase from ¥283,938,677.02 in the previous period, representing a growth of approximately 1.1%[16] - Net profit for the current period was ¥42,501,513.31, down from ¥53,508,926.39, indicating a decline of about 20.5%[17] - The company recorded a total comprehensive income of ¥42,271,901.04, down from ¥55,343,576.66, reflecting a decrease of about 23.6%[18] - Basic and diluted earnings per share were both ¥0.38, down from ¥0.49 in the previous period, indicating a decline of approximately 22.4%[18] Cash Flow and Liquidity - The net cash flow from operating activities surged by 3,977.20% to CNY 64,581,083.69, compared to a negative cash flow of CNY 1,665,663.30 in the previous year[2] - The company's cash inflow from operating activities rose by 38.27% to CNY 348,411,849.62, driven by improved accounts receivable collection[5] - Operating cash flow generated was ¥64,581,083.69, a turnaround from a negative cash flow of ¥1,665,663.30 in the previous period[19] - Cash and cash equivalents at the end of the period totaled ¥467,620,590.64, compared to ¥745,775,174.30 at the end of the previous period, showing a decrease of approximately 37.3%[20] - The company reported a net cash inflow from investing activities of ¥125,838,731.12, a significant improvement from a net outflow of ¥3,459,119.69 in the previous period[19] - The company experienced a foreign exchange loss impacting cash and cash equivalents of ¥943,313.53 during the current period[20] Assets and Liabilities - The company's total assets decreased by 0.82% to CNY 1,670,787,111.61 from CNY 1,684,520,033.77 at the end of the previous year[2] - The company's total liabilities decreased to ¥389,643,828.04 from ¥454,853,550.27, a reduction of approximately 14.3%[14] - Total current liabilities decreased to ¥375,105,875.31 from ¥439,951,736.41, a decrease of about 14.7%[14] - The company's equity attributable to shareholders increased by 4.19% to CNY 1,281,143,283.57 from CNY 1,229,666,483.50 at the end of the previous year[2] - The company held a board meeting on March 4, 2022, approving the grant of 438,400 restricted stocks at a price of ¥21.16 per share to 94 incentive targets[10] Expenses and Investments - Research and development expenses increased by 107.38% to CNY 17,689,705.81, reflecting a significant investment in innovation[5] - The company reported a 44.62% increase in selling expenses to CNY 5,364,786.16, attributed to enhanced market expansion efforts[5] - Total operating costs increased to ¥247,603,229.26 from ¥227,800,008.58, marking a rise of about 8.7%[16] - Research and development expenses surged to ¥17,689,705.81, up from ¥8,530,084.73, reflecting a significant increase of approximately 107%[16] Operational Impact - The company experienced some operational impact in March 2022 due to the COVID-19 pandemic[9] - The company announced a change in the implementation content and location of some fundraising projects, shifting from a zero-power startup protector project to an inverter and high-efficiency intelligent energy storage system project[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,089, with the top ten shareholders holding significant stakes[7]

Financial Performance - The company reported a total revenue of 31,857 million CNY for the year 2021[117]. - The company's operating revenue for 2021 was ¥1,317,232,528.23, representing a 32.49% increase compared to ¥994,186,704.54 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥210,093,014.90, a 20.98% increase from ¥173,659,921.78 in 2020[21]. - The company reported a net profit of RMB 203,231,536 for the year 2021, with distributable profits amounting to RMB 364,856,293.68[153]. - The gross margin for the smart control electronics industry was 26.75%, a decrease of 3.63% from the previous year[57]. - The automotive electronics product line saw a gross margin increase of 3.94% year-on-year[51]. - Domestic revenue accounted for 54.16% of total revenue, with a 40.00% increase from the previous year[54]. - The company reported a total of ¥14,935,463.01 in non-recurring gains for 2021, compared to ¥6,237,108.55 in 2020[26]. - The company achieved a revenue of CNY 1,317,232,528.23 in 2021, representing a year-on-year growth of 32.49%[54]. Cash Flow and Assets - The net cash flow from operating activities decreased significantly by 94.19% to ¥7,973,766.56 in 2021 from ¥137,221,535.82 in 2020[21]. - Total assets at year-end 2021 included cash and cash equivalents of ¥269,222,921.24, down 36.52% from ¥759,204,688.27 at the beginning of the year[76]. - Inventory increased to ¥379,088,151.34, representing 22.50% of total assets, up from 15.18% in 2020, due to stockpiling in response to sales order growth and supply chain constraints[76]. - The company experienced a decrease in net cash and cash equivalents by ¥489,981,767.03, a decline of 183.74% compared to the previous year[73]. - Operating cash inflow totaled ¥1,275,702,930.74, a 51.85% increase from ¥840,087,856.73 in 2020, while cash outflow rose by 80.37% to ¥1,267,729,164.18[73]. Research and Development - The company focuses on technological development in lithium-ion batteries and related software services[20]. - R&D expenses increased by 51.39% during the reporting period, driven by new product and technology development initiatives[52]. - The company has established six professional technology development platforms and multiple modern laboratories, enhancing its R&D capabilities and maintaining industry-leading technology[35]. - The company is actively developing advanced battery management systems to enhance safety and reliability in energy storage applications[70]. - The company is focusing on the development of household photovoltaic inverters to align with national carbon neutrality policies[71]. - The company is actively integrating AI and IoT technologies into its products, leading to new profit growth points through product upgrades[44]. - The company has committed to continuous R&D investment and innovation in AI, inverters, and energy storage to capture industry growth opportunities[34]. Market Position and Strategy - The company has expanded its main business to include the research, production, and sales of new energy products, energy storage systems, and photovoltaic systems[20]. - The company is recognized as a leader in the household variable frequency control market and has developed several core technologies in the field of variable frequency control[32]. - The company has established partnerships with renowned automotive manufacturers such as BMW, Mercedes-Benz, and Volvo, providing advanced vehicle electronic products[33]. - The company is positioned in a growing market driven by advancements in 5G, big data, cloud computing, and the Internet of Things, indicating strong future growth potential[31]. - The company aims to enhance its R&D and high-end manufacturing capabilities, expand production capacity, and improve profitability through strategic investments[94]. Governance and Compliance - The governance structure complies with the requirements of the "Corporate Governance Guidelines" and related regulations, ensuring equal rights for all shareholders[108]. - The company maintains transparent performance evaluation and incentive mechanisms, linking senior management compensation to company and individual performance[109]. - The company has a dedicated investor relations management system, ensuring timely and accurate communication with investors[110]. - The company has implemented a series of governance systems, including fundraising management and public information disclosure management[108]. - The company emphasizes the importance of internal control and governance mechanisms to protect shareholder rights[138]. Employee and Management - The company reported a total of 1,419 employees at the end of the reporting period, with 813 in production, 421 in technical roles, and 58 in sales[145]. - The company has a diverse management team with various backgrounds in finance, sales, and technology, enhancing its operational capabilities[127]. - Employee welfare is prioritized through various incentive mechanisms, including stock options and performance bonuses, to enhance employee engagement[178]. - The company has established a comprehensive training program to enhance employee skills, including new employee orientation and technical training[147]. - The company has a structured salary policy that includes fixed, performance-based, and welfare components[146]. Challenges and Risks - The company has faced challenges such as raw material supply shortages and price increases but has leveraged its R&D capabilities to optimize product designs and mitigate cost pressures[39]. - The company is exposed to raw material price fluctuations, particularly in integrated circuits and other components, and will adopt strategies like stockpiling and price locking to mitigate these risks[99]. - There is a risk of declining gross margins due to rapid business expansion and external market pressures, prompting the company to enhance R&D and optimize production processes[100]. - The company faces macroeconomic risks due to global uncertainties, including the ongoing impact of the COVID-19 pandemic, and plans to implement targeted measures to ensure stable operations[98]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of 3 RMB per 10 shares, totaling 32,880,000 RMB (including tax) based on a total share capital of 109,600,000 shares for the 2020 fiscal year[149]. - A cash dividend of RMB 3.00 per 10 shares (including tax) was declared, resulting in a total cash dividend payout of RMB 33,420,684, which represents 100% of the profit distribution[153]. - The company has not made any changes to its profit distribution policy, maintaining a focus on cash dividends rather than stock bonuses[149]. Legal Matters - The company is involved in a lawsuit with Shenzhen Rike Industrial Co., Ltd., claiming a payment of 6.8476 million yuan and overdue interest of 83,200 yuan[194]. - The company has counterclaimed for the return of goods valued at 3.9799 million yuan and a penalty of 600,000 yuan[194]. - There were no major litigation or arbitration matters reported during the period[193].

Financial Performance - The company's revenue for Q3 2021 was ¥341,564,468.19, a decrease of 4.06% compared to the same period last year, while year-to-date revenue increased by 42.26% to ¥945,939,139.90[2] - Net profit attributable to shareholders for Q3 2021 was ¥61,888,026.67, down 12.27% year-on-year, with a year-to-date net profit of ¥158,698,789.28, reflecting a growth of 27.19%[2] - Basic and diluted earnings per share for Q3 2021 were both ¥0.56, representing a decline of 34.88% compared to the same period last year[3] - Total operating revenue for Q3 2021 reached CNY 945,939,139.90, a 42.2% increase from CNY 664,959,193.23 in the same period last year[21] - Operating profit for the period was CNY 185,829,740.98, up 29.0% from CNY 144,073,180.02 year-on-year[22] - Net profit attributable to the parent company was CNY 158,698,789.28, representing a 27.2% increase compared to CNY 124,771,015.43 in the previous year[22] - The company reported a total comprehensive income of CNY 158,499,553.83, up from CNY 123,917,671.49 year-on-year, reflecting a growth of 27.8%[23] - Basic and diluted earnings per share were both CNY 1.44, slightly down from CNY 1.52 in the previous year[23] Assets and Liabilities - Total assets at the end of Q3 2021 reached ¥1,667,501,042.47, an increase of 17.06% from the end of the previous year[3] - Total assets rose to 1,667,501,042.47 from 1,424,515,830.24, reflecting a growth in the company's asset base[17] - Total liabilities increased to 497,925,594.77 from 389,308,008.90, indicating a rise in the company's obligations[18] - The total assets increased to 1,424,515,830.24 CNY, up from 1,443,026,409.81 CNY, with a notable adjustment of 18,510,579.57 CNY due to the new leasing standard[31] - The total liabilities rose to 389,308,008.90 CNY, compared to 407,818,588.47 CNY, with non-current liabilities including lease liabilities of 18,510,579.57 CNY[32] Cash Flow - The net cash flow from operating activities decreased by 186.76% to -28,817,866.69 from 33,213,936.21 in the same period last year, primarily due to increased raw material inventory in response to rapid sales order growth and supply shortages[10] - The net cash flow from investing activities significantly declined by 1872.22% to -365,294,114.26, mainly due to the purchase of financial products during the period[10] - The net cash flow from financing activities improved by 85.29% to -13,692,345.35 compared to -93,078,733.59 in the previous year, influenced by dividends and employee stock incentive plans[10] - The net increase in cash and cash equivalents was -408,760,858.02, a decrease of 411.19% from -79,962,313.13 in the prior year, primarily due to the purchase of financial products[10] - Cash flow from operating activities showed a net outflow of CNY 28,817,866.69, compared to a net inflow of CNY 33,213,936.21 in the same period last year[26] - The cash inflow from financing activities was 28,338,176.00 CNY, while cash outflow was 42,030,521.35 CNY, resulting in a net cash flow of -13,692,345.35 CNY from financing activities[27] Inventory and Receivables - The company reported a significant increase in accounts receivable financing, which rose by 284.23% to ¥119,382,759.38, attributed to increased business volume[7] - Inventory levels surged by 91.18% to ¥419,798,138.64, driven by a rapid increase in sales orders and tight supply of raw materials[7] - Inventory increased to 419,798,138.64 from 219,584,524.67, indicating a significant rise in stock levels[17] - The company’s inventory stood at 219,584,524.67 CNY, reflecting its operational capacity and potential for future sales[30] Expenses - Management expenses increased by 148.17% to ¥34,329,095.83, primarily due to company expansion and hiring of management personnel[9] - Research and development expenses amounted to CNY 31,596,151.91, an increase of 22.5% from CNY 25,793,734.07 in the previous year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,265, with no preferred shareholders[12] - The largest shareholder, Chen Zhijie, holds 27.24% of the shares, amounting to 30,240,000 shares[12] Other Income - The company experienced a 129.49% rise in other income, totaling ¥12,323,321.38, mainly from increased government subsidies[9] - Investment income surged by 456.77% to ¥1,320,219.86, reflecting higher returns from financial products[9] Audit Status - The company has not yet audited the third-quarter report, which may affect the reliability of the financial data presented[35] New Leasing Standard - The company has implemented the new leasing standard, resulting in adjustments to the balance sheet items, specifically increasing the right-of-use assets and lease liabilities[34]

深圳市振邦智能科技股份有限公司 2021 年第三季度报告 证券代码：003028 证券简称：振邦智能 公告编号：2021-067 深圳市振邦智能科技股份有限公司 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 □ 是 √ 否 | | 本报告期 | 本报告期比上年 | 年初至报告期末 | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 同期增减 | | 上年同期增减 | | 营业收入（元） | 341,564,468.19 | -4.06% | 945,939,139.90 | ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 604,374,671.71, representing a 95.63% increase compared to CNY 308,943,748.25 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2021 was CNY 96,810,762.61, up 78.53% from CNY 54,227,673.68 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was CNY 89,678,103.05, reflecting a 73.68% increase from CNY 51,632,618.43 year-on-year[20]. - The basic earnings per share for the first half of 2021 was CNY 0.88, a 33.33% increase compared to CNY 0.66 in the same period last year[20]. - The total operating revenue for the first half of 2021 reached CNY 604,374,671.71, a significant increase of 95.3% compared to CNY 308,943,748.25 in the first half of 2020[166]. - Net profit for the first half of 2021 was CNY 96,810,762.61, representing a 78.8% increase from CNY 54,227,673.68 in the same period of 2020[169]. - Operating profit for the first half of 2021 was CNY 112,934,872.81, up 81.9% from CNY 62,071,242.82 in the first half of 2020[169]. - The total comprehensive income for the first half of 2021 was 940.46 million, representing a 5.86% increase compared to the previous period[193]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,616,268,973.91, a 13.46% increase from CNY 1,424,515,830.24 at the end of the previous year[20]. - Total liabilities increased to CNY 517,472,489.62 from CNY 389,308,008.90, indicating a rise of 32.9%[157]. - The total liabilities at the end of the reporting period are 897.00 million, which is a slight increase of 1.9% compared to the previous period[190]. - The total assets at the end of the reporting period amount to 1,805.00 million, indicating a growth of 8.79% from the previous period[190]. - The total equity at the end of the period was 1,101,520 million, with a significant increase from the previous balance[200]. Cash Flow - The net cash flow from operating activities was negative CNY 17,673,214.67, a decline of 156.30% compared to a positive CNY 31,390,063.62 in the same period last year[20]. - Cash inflow from operating activities totaled ¥568,410,571.49, up from ¥303,586,861.35 in the first half of 2020, marking an increase of 87.5%[176]. - Cash outflow from operating activities was ¥586,083,786.16, compared to ¥272,196,797.73 in the previous year, resulting in a net cash flow from operating activities of -¥17,673,214.67, a decline from ¥31,390,063.62[177]. - The net cash flow from financing activities improved by 85.33%, amounting to -¥13,601,908.32, compared to -¥92,724,377.36 in the previous year, mainly due to dividend distribution and the implementation of employee stock incentives[57]. Research and Development - The company has increased its R&D investment to mitigate rising production costs due to raw material supply shortages and price increases[35]. - Research and development expenses for the first half of 2021 were CNY 24,319,953.93, up 53.5% from CNY 15,832,477.94 in the first half of 2020[166]. - The company is focusing on innovation and technology development to enhance its competitive edge in the smart control solutions market[41]. - The company is committed to integrating AI technologies into its products, enhancing their intelligence and user experience[31]. Market Position and Strategy - The company focuses on high-end intelligent controllers, variable frequency drives, digital power supplies, and smart IoT applications, targeting industries such as electric tools, home appliances, and automotive electronics[29]. - The company is recognized as a leader in the variable frequency control segment, with multiple core technologies that enhance product performance and energy efficiency[42]. - The company aims to become a leading domestic and internationally recognized manufacturer of smart electric control products[47]. - The company is actively pursuing strategic acquisitions to enhance its competitive position in the market[189]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - Major shareholders include Chen Zhijie (27.59%), Chen Weiyu (26.90%), and Tang Juan (14.49%) with no changes in their holdings during the reporting period[135]. - The total number of shares increased from 109,600,000 to 111,002,880 due to the granting of 1,402,880 restricted shares and 350,720 stock options[128]. - The company has allocated 32 million for profit distribution to shareholders, maintaining a consistent approach to shareholder returns[188]. Risks and Compliance - The company does not foresee any significant risks affecting its normal operations[4]. - The company faces risks from raw material price fluctuations, particularly in integrated circuits (ICs), and plans to mitigate this through strategic supplier relationships and cost control measures[77]. - The company emphasizes environmental protection and has implemented measures to ensure compliance with national environmental standards, including regular third-party monitoring of emissions[97]. - The company has not faced any administrative penalties related to environmental issues during the reporting period and does not belong to the key pollutant discharge units[92]. Legal Matters - The company is involved in a lawsuit with Shenzhen Rike Industrial Co., Ltd., claiming a payment of CNY 6,847,638.40 and overdue interest of CNY 83,210.20[107]. - The company filed a counterclaim seeking to terminate the sales contract and recover goods valued at CNY 3,979,876.65, along with a penalty of CNY 600,000 and other fees[107]. - As of July 29, 2021, the Shenzhen Intermediate People's Court has revoked the original judgment and returned the case to the Shenzhen Bao'an District People's Court for retrial[107].

Financial Performance - The company's revenue for Q1 2021 was ¥283,938,677.02, representing a 129.80% increase compared to ¥123,558,795.27 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2021 was ¥53,508,926.39, a significant increase of 192.56% from ¥18,289,670.89 in the previous year[7]. - The net profit after deducting non-recurring gains and losses was ¥46,989,088.62, up 168.61% from ¥17,493,684.07 year-on-year[7]. - The basic earnings per share for Q1 2021 was ¥0.490, an increase of 122.73% compared to ¥0.220 in the same period last year[7]. - Operating revenue increased by 129.80% to CNY 283,938,677.02, driven by an increase in customer orders[17]. - Net profit rose by 192.56% to CNY 53,508,926.39, attributed to increased product delivery and revenue growth[18]. - Operating profit surged by 191.50% to CNY 60,632,239.26, driven by product delivery and revenue growth[17]. - The total comprehensive income for the quarter was CNY 55,343,576.66, compared to CNY 18,835,115.52 in the same period last year, showing an increase of about 194.0%[42]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,527,942,600.77, reflecting a 7.26% increase from ¥1,424,515,830.24 at the end of the previous year[7]. - Total assets increased to ¥1,529,301,889.96 from ¥1,425,696,902.89, reflecting a growth of about 7.3%[37]. - Total liabilities rose to ¥438,071,388.72, compared to ¥386,906,181.86, marking an increase of approximately 13.2%[37]. - Total liabilities reached CNY 389,308,008.90, with current liabilities at CNY 379,005,487.04 and non-current liabilities at CNY 10,302,521.86[57]. - The company's total equity reached ¥1,091,230,501.24, up from ¥1,038,790,721.03, representing a growth of about 5%[37]. Cash Flow - The company reported a net cash flow from operating activities of -¥1,665,663.30, a decrease of 102.73% compared to ¥61,003,910.90 in the same period last year[7]. - Cash inflow from operating activities rose by 67.12% to CNY 251,972,563.80, reflecting increased customer orders and product deliveries[19]. - The net cash flow from operating activities was -3,362,317.06 yuan, compared to 61,635,524.45 yuan in the previous period, indicating a significant decline in operational cash generation[52]. - Total cash inflow from operating activities was 243,964,840.83 yuan, up from 149,533,672.73 yuan year-over-year, reflecting a growth of approximately 63%[52]. - Cash outflow for purchasing goods and services was 180,199,820.38 yuan, compared to 54,360,515.61 yuan in the same period last year, representing an increase of about 231%[52]. Research and Development - Research and development expenses increased by 34.77% to CNY 8,530,084.73, indicating a commitment to enhancing innovation[17]. - Research and development expenses amounted to CNY 8,530,084.73, compared to CNY 6,329,432.66 in the previous year, indicating an increase of about 34.9%[44]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,373[11]. - The company received government subsidies amounting to ¥6,199,691.01 during the reporting period[8]. Other Financial Metrics - The weighted average return on equity for Q1 2021 was 5.04%, an increase of 1.93% from 3.11% in the previous year[7]. - The income tax expense for the quarter was CNY 8,224,190.10, compared to CNY 2,987,764.05 in Q1 2020, indicating an increase of about 175.0%[41]. - The company reported a decrease in employee compensation payable to ¥18,230,854.64 from ¥21,676,984.99, a reduction of approximately 15.7%[32]. - The company’s undistributed profits increased to ¥277,429,268.29 from ¥224,989,488.08, an increase of approximately 23.3%[37].

Financial Performance - The company reported a total revenue of RMB 109.6 million for the year 2020, marking a year-on-year increase of 15%[12]. - The company's operating revenue for 2020 was ¥994,186,704.54, representing a 42.74% increase compared to ¥696,521,329.21 in 2019[6]. - The net profit attributable to shareholders for 2020 was ¥173,659,921.78, a 50.03% increase from ¥115,751,974.41 in 2019[6]. - The net profit after deducting non-recurring gains and losses was ¥167,422,813.23, which is a 61.49% increase from ¥103,673,364.71 in 2019[6]. - The basic earnings per share for 2020 was ¥2.11, up 49.65% from ¥1.41 in 2019[6]. - The weighted average return on equity for 2020 was 42.00%, an increase of 10.61% from 31.39% in 2019[6]. - The company achieved a revenue of ¥994,186,704.54 in 2020, representing a year-on-year growth of 42.74%[43]. - Net profit attributable to shareholders reached ¥173,659,921.78, an increase of 50.03% compared to the previous year[43]. Dividend Distribution - The profit distribution plan approved by the board is to distribute a cash dividend of RMB 3 per 10 shares (including tax) to all shareholders, based on a total of 109,600,000 shares[4]. - The total distributable profit for shareholders was RMB 223,966,390.02, with a cash dividend distribution plan of RMB 3.00 per 10 shares, totaling RMB 32,880,000[99][103]. - The cash dividend for 2019 was RMB 11.20 per 10 shares, amounting to RMB 92,064,000, which represented 79.54% of the net profit[95][98]. - The cash dividend for 2018 was RMB 7.50 per 10 shares, totaling RMB 61,650,000, which accounted for 71.88% of the net profit[94][98]. - The company's cash dividend payout ratio for 2020 was 18.93% of the net profit attributable to shareholders[98]. Business Operations and Expansion - The company has established a wholly-owned subsidiary in Vietnam, named GENBYTE TECHNOLOGY (VIETNAM) COMPANY LIMITED, registered on January 24, 2021[9]. - The company has maintained its main business operations without any changes since its listing[16]. - The company has not reported any changes in its major business operations since its establishment[16]. - The company is actively expanding into the AIoT field, integrating core technologies such as image recognition and machine learning into its smart control products[27]. - The company plans to continue expanding into emerging markets and product applications, leveraging its stable customer base for sustained growth[38]. - The company plans to expand production capacity and global presence, particularly in Vietnam, Indonesia, and Thailand, to meet increasing market demand[82]. Research and Development - The company focuses on high-end intelligent controllers, variable frequency drives, digital power supplies, and smart IoT solutions, serving industries such as power tools, home appliances, and automotive electronics[26]. - The company has established a mature product technology system with core technologies in vector frequency control systems, refrigeration system control, high-voltage power supplies, and smart IoT, with several technologies at the industry-leading level[29]. - The company is committed to continuous innovation and R&D investment, focusing on high-tech, high-value-added, energy-saving, and environmentally friendly smart control products[32]. - The company's R&D investment totaled CNY 38,909,273.08, up 28.30% year-on-year, accounting for 3.91% of total revenue[60]. - Investment in R&D increased by 30% in 2020, focusing on developing new technologies and enhancing existing product lines[108]. Market Performance - The revenue from small household appliance control products grew by 62.22%, driven by rising consumer demand for innovative home appliances[44]. - Revenue from automotive electronic control products increased by 54.66%, expanding into vehicle-mounted variable frequency air conditioning and refrigerators[45]. - The revenue from power tool control products surged by 153.46%, reflecting deepening collaborations with global power tool manufacturers[45]. - The company reported a significant decline of 50.22% in revenue from large household and commercial appliance control products due to market downturns caused by the pandemic[44]. - Domestic revenue accounted for 51.26% of total revenue, while international revenue grew by 97.94%, making up 48.74% of total revenue[48]. Risk Management - The company does not foresee any significant risks affecting its normal operations, as stated in the report[4]. - The company faces risks related to fluctuations in downstream demand, which could impact profitability if market conditions change[87]. - The company is addressing potential management risks associated with rapid expansion by enhancing internal controls and management capabilities[88]. - The company is focused on maintaining high profit margins despite potential challenges from raw material price fluctuations and increased market competition[89]. Corporate Governance - The board of directors and senior management have confirmed the accuracy and completeness of the financial report for the year[3]. - The company has maintained a governance structure that complies with the requirements of the Company Law and Securities Law, holding 6 shareholder meetings during the reporting period[188]. - The board of directors consists of 5 members, including 2 independent directors, and has held 9 meetings during the reporting period[188]. - Independent directors attended all 9 board meetings and 6 shareholder meetings during the reporting period[195]. - The company has established independent operations in business, personnel, assets, institutions, and finance, ensuring no interference from the controlling shareholder[191]. Shareholder Information - The company raised a total of RMB 595,950,000 through the public offering of 27.4 million shares at a price of RMB 21.75 per share, with a net amount of RMB 560,186,226 after deducting issuance costs[34]. - The largest shareholder, Chen Zhijie, holds 27.59% of the shares, totaling 30,240,000 shares[158]. - The company’s stock was listed on the Shenzhen Stock Exchange on December 28, 2020, under the ticker "振邦智能" (003028)[153]. - The total number of shares for the cash dividend distribution plan in 2020 is based on 109,600,000 shares[99]. Employee Information - The total number of employees at the parent company is 1,165, with 866 in production, 39 in sales, 169 in technical roles, 17 in finance, and 74 in administration[183]. - The educational background of employees shows that there are 9 with a master's degree or above, 114 with a bachelor's degree, 201 with a college diploma, and 841 with less than a college education[183]. - The company has established a comprehensive salary policy that includes fixed salaries, performance bonuses, and welfare allowances, in compliance with national labor laws[184]. Future Outlook - The company expects a revenue growth forecast of 20% for the upcoming fiscal year, driven by new product launches and market expansion strategies[107]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on new product launches and market expansion strategies[110]. - The company aims to strengthen its core competitiveness through continuous R&D and innovation in AI, IoT, and machine vision technologies[84].