关于对深圳市朗科科技股份有限公司 2022 年报问询函的回复函 深圳证券交易所创业板公司管理部： 通讯地址：深圳市福田区福田街道福山社区滨河大道 5020 号同心大厦 21 层 2101 室 邮政编码：518000 电话： 0755-82949959 传真：0755-82926578 贵部《关于对深圳市朗科科技股份有限公司的年报问询函》（创业板年报问询 函〔2023〕第 248 号）已收悉，本所作为深圳市朗科科技股份有限公司（以下简 称"朗科科技公司"或"公司"）的 2022 年度的签字注册会计师，根据贵部要求，本 所及签字注册会计师对贵部在审核意见中提出的涉及会计与审计问题进行了认真 核查，现对有关事项答复如下： 1.年报显示，报告期内，你公司营业收入为 17.72 亿元，同比下降 7.36%，归 属于上市公司股东的净利润为 6,213.40 万元，同比下降 9.76%。你公司主营固态 存储、DRAM 动态存储、嵌入式存储和移动存储产品，报告期内收入主要来源于 计算机、通信和其他电子设备制造业，金额、毛利率分别为 17.36 亿元、8.81%； 房屋租赁收入、毛利率分别为 3,622.42 万元，84.24 ...

股票代码：300042 股票简称：朗科科技 | --- | --- | --- | |--------------|-----------------------|----------------------------| | | □特定对象调研 | □分析师会议 | | | □媒体采访 √业绩说明会 | | | 投资者关系活 | | | | | □新闻发布会 □路演活动 | | | 动类别 | | | | | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | 参与单位名称 及人员姓名 线上参与公司朗科科技 2022 年度网上业绩说明会的投资者 时间 2023 年 5 月 18 日 (周四) 下午 15:00~17:00 地点 全景网"投资者关系互动平台"（https://ir.p5w.net） 董事长 周福池先生 董事、副总经理兼董事会秘书 于雅娜女士 上市公司接待 董事、常务副总经理兼财务负责人 徐立松先生 人员姓名 独立董事 罗绍德先生 环节： 公司董事、副总经理兼董事会秘书于雅娜女士介绍公司 基本情况和 2022 年度业绩情况。 投资者提出的问题及公司回复情况 公司就投资者在本次 ...

2023 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大 遗漏，并承担个别和连带的法律责任。 深圳市朗科科技股份有限公司 2023 年第一季度报告 证券代码：300042 证券简称：朗科科技 公告编号：2023-039 深圳市朗科科技股份有限公司 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。 1 深圳市朗科科技股份有限公司 2023 年第一季度报告 （二） 非经常性损益项目和金额 适用 □不适用 3.第一季度报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | --- | | | | | （%） | | | 营业收入（元） | 342,865,294.10 | ...

Financial Performance - The company's operating revenue for 2022 was ¥1,772,140,185.83, a decrease of 7.36% compared to ¥1,912,861,727.66 in 2021 [22]. - The net profit attributable to shareholders for 2022 was ¥62,134,042.32, down 9.76% from ¥68,850,462.16 in 2021 [22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥43,821,486.88, a decrease of 10.63% from ¥49,032,569.30 in 2021 [22]. - The basic earnings per share for 2022 were ¥0.3101, down 9.75% from ¥0.3436 in 2021 [22]. - The diluted earnings per share for 2022 were also ¥0.3101, reflecting the same decrease of 9.75% from ¥0.3436 in 2021 [22]. - The weighted average return on equity for 2022 was 5.43%, a decline of 0.88% from 6.31% in 2021 [22]. - The total assets at the end of 2022 were ¥1,354,903,306.31, reflecting a growth of 7.74% from ¥1,257,582,143.66 at the end of 2021 [22]. - The net assets attributable to shareholders at the end of 2022 were ¥1,181,164,704.94, an increase of 5.56% from ¥1,118,985,767.46 at the end of 2021 [22]. - The total revenue for 2022 was approximately ¥1.77 billion, a decrease of 7.36% compared to ¥1.91 billion in 2021 [75]. - The revenue from flash application products was approximately ¥1.03 billion, accounting for 58.03% of total revenue, with a year-on-year increase of 2.82% [76]. Cash Flow and Investments - The net cash flow from operating activities increased significantly by 116.18% to ¥136,098,693.94 from ¥62,956,154.37 in 2021 [22]. - The net cash flow from operating activities rose by 116.18% to ¥136,098,693.94 in 2022, attributed to a decrease in inventory and other receivables [87]. - The net cash flow from investment activities increased by 1,183.43% to ¥155,876,058.92, due to the maturity of bank financial products [87]. - The cash and cash equivalents increased by 709.05% to ¥281,130,042.84, reflecting improved investment activity cash flow [87]. - As of the end of 2022, the company's cash and cash equivalents increased to ¥448,865,033.64, representing 33.13% of total assets, up from 9.20% at the beginning of the year, a change of 23.93% [89]. Market and Industry Outlook - The semiconductor storage industry is the largest sub-industry within the semiconductor sector, with a global market size of approximately $134.41 billion in 2022, accounting for about 28% of the total integrated circuit market [32]. - China's storage market is projected to grow at a CAGR of 12.6%, reaching a market size of ¥624 billion by 2025, driven by increasing demand in smartphones, PCs, and data centers [35]. - In 2022, global smartphone shipments declined by 11% to 1.21 billion units, marking the lowest level since 2013, which negatively impacted the NAND Flash and DRAM markets [37]. - The global NAND Flash capacity is expected to grow from 410 billion GB in 2020 to 1,481 billion GB by 2025, with mobile market demand growing at a 31% CAGR [38]. Product Development and Innovation - The company is focused on the development of solid-state storage, DRAM, embedded storage, and mobile storage products, catering to various applications including smartphones, servers, and IoT devices [42][43]. - The company launched new products including the PCIe 4.0 series NV5000-t/NV5000 solid-state drives and the S3000 series SATA solid-state drives during the reporting period [55]. - The company introduced the DDR4 gaming memory series "Yueying II" and the DDR5 memory series "Z" during the reporting period, continuing to lead the market [56]. - The company is developing high-performance storage solutions, including the P500 high-performance storage card and the NP700 storage card for Huawei users [57]. - The company is in the development phase for a new high-speed flash drive series with USB3.2 Gen2 interface, targeting enhanced product competitiveness [85]. Strategic Initiatives and Partnerships - The company plans to actively participate in the construction of the Shaoguan data center cluster as part of the national "East Data West Computing" project, aiming to enhance its technological capabilities and expand product applications [41]. - The company plans to establish a data center industry research institute in collaboration with the Shenzhen Institute of Advanced Technology, Chinese Academy of Sciences [72]. - The company is in the process of establishing a joint venture with Zhengyuan Semiconductor (Shenzhen) Co., Ltd. to build a storage chip packaging and testing factory [73]. - The company is expanding its sales channels by utilizing new media platforms and KOL resources to attract younger consumers [51]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and potential risks in future development [4]. - The company recognizes the risk of not sustaining technological innovation and will focus on developing products that align with changing consumer preferences, particularly targeting younger demographics [135]. - The company faces risks related to raw material price fluctuations, particularly for flash memory, which could impact cost control and operational performance [133]. - The company will enhance communication with suppliers and adjust procurement strategies to mitigate risks associated with raw material price volatility [134]. Governance and Compliance - The company has established a comprehensive governance structure that complies with relevant laws and regulations, ensuring no significant discrepancies exist in its governance practices [146]. - The company maintains independence from its controlling shareholders in terms of business operations, personnel, and asset management, ensuring no conflicts of interest [147]. - The company has a structured governance framework to ensure compliance and operational efficiency [158]. - The board's commitment to transparency is evident through the detailed reporting of attendance and voting records [184]. Shareholder Engagement and Dividends - The company plans to distribute a cash dividend of 0.50 RMB per 10 shares to all shareholders, based on a total of 200,400,000 shares [4]. - The company aims to distribute at least 10% of the annual distributable profit in cash dividends, provided conditions are met [200]. - Over any three consecutive fiscal years, the total cash dividends distributed should not be less than 30% of the average annual distributable profit for those three years [200].

证券代码：300042 证券简称：朗科科技 编号：2021-001 深圳市朗科科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |---------------------------|--------------------------------------------------------------------|------------------------------------------------------| | | | | | 投资者关系活 | □特定对象调研 □分析师会议 | | | 动类别 | □媒体采访 | ■业绩说明会 | | | □新闻发布会 □路演活动 | | | | □现场参观 | □电话会议 | | | □其他 | （请文字说明其他活动内容） | | 参与单位名称 | 参与公司 2020 | 年年度网上业绩说明会的投资者 | | 及人员姓名 | | | | 时间 | 2021 年 4 月 29 日 | | | 地点 | | 约调研平台"朗科科技投资者关系"小程序 | | 上市公司接待 | 总经理 杜铁军先生 | | | 人员姓名 | 副总经 ...

Financial Performance - Revenue for Q3 2022 was CNY 486,484,589.46, an increase of 6.30% compared to the same period last year[6] - Net profit attributable to shareholders for Q3 2022 was CNY 16,624,784.93, a decrease of 23.70% year-on-year[6] - Net profit excluding non-recurring gains and losses for Q3 2022 was CNY 11,479,548.89, down 27.83% compared to the same period last year[6] - Basic earnings per share for Q3 2022 was CNY 0.0830, a decrease of 23.68% year-on-year[6] - The company reported a significant decrease in net profit year-to-date, down 39.64% compared to the same period last year[6] - Total operating revenue for the current period is $1,280,410,757.34, a decrease of 6.83% compared to the previous period's $1,374,649,299.73[42] - Net profit for the current period is $39,086,376.07, a decline of 39.83% from $64,758,935.60 in the previous period[45] - Comprehensive income for the current period totals $52,266,403.14, compared to $63,696,594.11 in the previous period[48] - Basic and diluted earnings per share for the current period are both $0.1950, down from $0.3231 in the previous period[48] Cash Flow and Liquidity - Operating cash flow for the year-to-date period increased by 215.30% to CNY 108,940,897.16[6] - Cash flow from operating activities showed significant improvement, indicating better liquidity management[6] - The net cash flow from operating activities for the current period is ¥108,940,897.16, an increase from ¥34,551,113.34 in the previous period[49] - The total cash outflow from operating activities is ¥1,378,843,765.09, a decrease from ¥1,459,535,782.89 in the previous period[49] - Cash received from the sale of goods and services is ¥1,373,291,659.22, slightly up from ¥1,370,841,098.60 year-over-year[49] - The cash and cash equivalents at the end of the period amount to ¥188,963,333.53, up from ¥98,166,736.46 in the previous period[52] Assets and Liabilities - Total assets as of the end of Q3 2022 were CNY 1,281,924,739.78, reflecting a 1.94% increase from the end of the previous year[6] - Shareholders' equity attributable to the parent company was CNY 1,161,232,170.60, up 3.78% from the end of the previous year[6] - Total liabilities amount to $120,692,569.18, compared to $138,596,376.20 in the previous period, indicating a reduction[41] - The company reported a total current liability of CNY 120,031,971.49, down from CNY 136,286,920.45, a decrease of approximately 11.9%[38] Shareholder Activities - The company’s total number of ordinary shareholders at the end of the reporting period was 15,404[19] - Shareholder Deng Guoshun reduced his holdings by 3.76 million shares, accounting for 1.8762% of the total share capital, and decided to terminate the reduction plan early[24] - As of the report date, Deng Guoshun has pledged a total of 17.08 million shares, representing 76.62% of his holdings and 8.62% of the company's total share capital[26] - Chairman Zhou Fuchi has increased his holdings by 1,738,794 shares, which is 0.8677% of the total share capital, with an investment amount of approximately RMB 20.65 million[27] - Guangdong Langyuan Technology Co., Ltd., wholly owned by Zhou Fuchi, increased its holdings by 1,675,000 shares, accounting for 0.8358% of the total share capital, with an investment amount of approximately RMB 20.29 million[27] - The total increase in shares by Zhou Fuchi and Guangdong Langyuan is 3,413,794 shares, representing 1.7035% of the total share capital, with a combined investment of approximately RMB 40.93 million[27] Legal Matters - The company is involved in multiple ongoing lawsuits, including a patent infringement case with a claim amount of RMB 60 million[29] - The company has received compensation from Alibaba in a concluded patent infringement case, with the case now closed[29] - The company has a pending appeal case with Micron, which has been accepted by the Supreme People's Court[29] - As of the report date, the company has not formed any expected liabilities from the ongoing lawsuits[29] - The company has ongoing litigation cases, including a patent infringement case against multiple companies, which is currently in the appeal stage[32] - The company has successfully executed a court ruling requiring compensation of CNY 145,758.2 from Shenzhen Hangseng Electronics Co., Ltd. and Shenzhen Xindongsheng Property Management Co., Ltd.[32] - The company is actively involved in legal proceedings to protect its intellectual property rights, indicating a strategic focus on safeguarding its innovations[32] Operational Efficiency - Accounts receivable decreased by 92.41% to 608,500 from 8,015,025.15 at the beginning of the year[16] - Other receivables decreased by 38.47% to 11,067,148.48 from 17,985,676.85 at the beginning of the year[16] - Inventory decreased by 25.54% to 184,194,529.78 from 247,383,267.15 at the beginning of the year[16] - Contract liabilities increased by 43.19% to 15,286,350.79 from 10,675,439.10 at the beginning of the year[16] - Financial expenses showed a significant decrease of 2231.36% to -10,419,740.21 from 488,877.63 in the same period last year[16] - Foreign exchange gains on financial statements increased by 1340.66% to 13,180,027.07 from -1,062,341.49 in the same period last year[16] - Tax expenses decreased by 31.62% to 6,716,851.22 from 9,823,224.11 in the same period last year[16] - Cash paid for various taxes increased by 88.18% to 59,060,276.59 from 31,384,781.03 in the same period last year[16] - Cash flow from financing activities showed a significant increase of 244.64% to 3,466,357.72 from 1,005,786.47 in the same period last year[16]

Financial Performance - The company reported a net revenue of 1.5 billion RMB for the first half of 2022, representing a year-on-year increase of 15%[21]. - The company's operating revenue for the reporting period was ¥793,926,167.88, a decrease of 13.42% compared to the same period last year[33]. - The net profit attributable to shareholders was ¥22,461,591.14, down 47.73% year-on-year[33]. - The net profit after deducting non-recurring gains and losses was ¥13,324,405.42, reflecting a decline of 60.12% compared to the previous year[33]. - Basic earnings per share decreased to ¥0.1121, down 47.71% from ¥0.2144 in the same period last year[33]. - The company's revenue for the reporting period was approximately ¥793.93 million, a decrease of 13.42% compared to ¥916.99 million in the same period last year, primarily due to factory shutdowns related to COVID-19 and other adverse market conditions[110]. - Operating costs decreased by 10.66% to ¥724.70 million from ¥811.17 million, reflecting the decline in sales revenue[110]. - The net cash flow from operating activities increased by 21.84% to ¥18,384,508.82[33]. - The company reported a fair value change gain of ¥7,299,731.24 on trading financial assets, with a total of ¥516,071,340.41 at the end of the reporting period[118]. User Growth and Market Expansion - User data indicates a growth in active users by 20% compared to the same period last year, reaching 5 million active users[21]. - Market expansion efforts have led to a 25% increase in sales in international markets, particularly in Southeast Asia[21]. - The company is expanding its overseas sales efforts, enhancing brand recognition and influence in international markets[51]. Product Development and Innovation - The company is investing 200 million RMB in R&D for new technologies, focusing on enhancing data processing speeds and storage capacities[21]. - New product launches include a high-capacity flash drive that has seen a 30% increase in pre-orders compared to previous models[21]. - The company continues to focus on high-end solid-state drives and memory products, enhancing product technology and brand competitiveness[50]. - The company is actively developing DDR5 memory products and has launched the ultra-light series DDR5 memory bars during the reporting period[54]. - The company has implemented measures to phase out less competitive products while concentrating resources on high-potential areas[55]. Legal and Patent Issues - The company is involved in ongoing patent litigation against Beijing Xuanji Information Technology Co., Ltd. and Agricultural Bank of China for infringement of its invention patent related to data processing systems[57]. - The company has received a total of 500,000 RMB in compensation from Micron Technology for patent infringement across multiple court rulings[60][62][63][67][68][69]. - The company successfully reached a settlement agreement with Micron Technology, concluding six patent infringement lawsuits, with Micron agreeing to pay a settlement amount[70][71]. - The company filed a lawsuit against five defendants for patent infringement, seeking RMB 10 million in economic damages and RMB 500,000 for reasonable expenses[74]. - The company has been involved in ongoing litigation regarding its patent rights since 2016, indicating a long-term strategy to enforce its intellectual property[79]. Financial Management and Fund Utilization - The company has a remaining balance of 19,860.32 million in over-raised funds as of June 30, 2022, excluding interest and investment income[135]. - The company plans to continue using up to 55,000 million of over-raised and idle funds for cash management, focusing on low-risk financial products[135]. - The company has established special accounts for the remaining raised funds and transfer proceeds to enhance fund supervision[131]. - The company has not utilized idle raised funds to temporarily supplement working capital[138]. Risks and Challenges - Risks associated with market competition and supply chain disruptions have been identified, with mitigation strategies outlined in the report[21]. - The company faces risks related to raw material price fluctuations, particularly for flash memory and cache, which significantly impact production costs[163]. - The company is exposed to risks related to the leasing of its building, as it has exceeded the allowable rental area, potentially leading to penalties from government authorities[175]. - The company faced significant operational risks due to the COVID-19 pandemic, including a decrease in domestic and international demand, with orders in the first half of 2022 significantly below expectations[183]. Employee and Corporate Governance - The company emphasizes fair and equitable treatment of employees, ensuring compliance with labor laws and providing various welfare policies[199]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[189]. - No cash dividends or stock bonuses will be distributed for the half-year period, nor will there be any capital reserve transfers to increase share capital[188].

Financial Performance - The company's operating revenue for Q1 2022 was ¥418,469,867.06, a decrease of 16.00% compared to ¥498,168,732.81 in the same period last year[3] - Net profit attributable to shareholders was ¥8,375,678.35, down 66.06% from ¥24,674,802.93 year-on-year[3] - Basic earnings per share decreased to ¥0.0418, down 66.04% from ¥0.1231 in the same period last year[3] - The total comprehensive income for the current period is 7,459,588.57, down from 24,924,971.63 in the previous period, indicating a decline of about 70.0%[43] - The net profit for the current period is 8,375,678.35, compared to 24,674,802.93 in the previous period, representing a decrease of approximately 66.1%[43] - Operating profit for the period was CNY 8,773,097.56, significantly lower than CNY 29,037,060.23 in the same quarter last year[40] - The company reported a net profit margin decline, with net profit not specified but indicated by the drop in operating profit and total revenue[40] Cash Flow and Liquidity - The net cash flow from operating activities was -¥21,020,102.73, representing a decline of 134.74% compared to -¥8,954,803.88 in the previous year[3] - The cash flow from operating activities shows a net outflow of -21,020,102.73, compared to -8,954,803.88 in the previous period, worsening by approximately 134.0%[47] - Cash inflow from investment activities is 564,019,234.11, an increase from 484,403,453.14 in the previous period, reflecting a growth of about 16.5%[50] - The net cash flow from investment activities is 181,479,506.68, significantly improving from 3,912,123.94 in the previous period[50] - The cash and cash equivalents at the end of the period amount to 274,270,002.75, up from 75,078,973.56 in the previous period, marking an increase of approximately 264.0%[50] - The company reported accounts receivable of ¥106,425,413.42, slightly down from ¥110,170,643.75 at the beginning of the year[29] - The company has a total of ¥332,634,197.92 in trading financial assets, down from ¥508,903,991.23 at the beginning of the year, reflecting a decrease in marketable securities[29] Assets and Liabilities - Total assets increased by 5.49% to ¥1,326,579,599.71 from ¥1,257,582,143.66 at the end of the previous year[5] - Total liabilities increased to CNY 200,134,243.68, compared to CNY 138,596,376.20, representing a rise of 44.4%[36] - The company has ongoing litigation against Beijing Xuanji Information Technology Co., Ltd. and others for patent infringement, with a disputed amount of ¥6,000,000[22] - The company is awaiting the outcome of a retrial regarding a property damage liability dispute, which could affect future financial results[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,647, with the top 10 shareholders holding 49,968,987 shares, representing 24.93% of the total shares[11] - The largest shareholder, Guangdong Shaolong Technology Development Co., Ltd., holds 49,875,000 shares, which is 24.89% of the total shares, and these shares are subject to judicial auction[20] - Shareholder Deng Guoshun holds 26,052,030 shares, representing 13.00% of the total shares, with 18,540,000 shares pledged[11] - The total number of restricted shares at the beginning of the period was 26,004,825, with 472,050 shares added during the period, resulting in a total of 26,052,030 restricted shares at the end[15] - The company has not reported any significant changes in shareholder relationships or actions among the top shareholders[14] Operational Challenges - The company experienced temporary shutdowns due to the pandemic, with a cumulative shutdown time of nearly 3 weeks in the first quarter of 2022[21] - The company's inventory rose by 27.2% to ¥314,675,474.10 due to a three-week production halt related to pandemic control measures in Shenzhen[7] - Sales expenses decreased by 21.0% to ¥11,124,994.98, reflecting the decline in revenue[10] Research and Development - Research and development expenses were CNY 5,809,120.62, up from CNY 5,071,558.01, reflecting an increase of 14.5%[40] - The company has not disclosed any new product or technology developments in the provided documents[11] - The company has not indicated any new strategies or initiatives in the provided documents[11] Legal Matters - The company successfully settled a patent infringement case against PNY, recovering ¥3,713,750 in full[22] - The company has a pending lawsuit against Micron's consumer products division, with a claim amount of ¥714,000[25] - The company has initiated a retrial request against Beijing Xuanji and others, with the case currently under review by the Supreme People's Court[25] - The company has received compensation from Alibaba for a patent infringement case, concluding the litigation[22] Future Outlook - The company has not provided specific future outlook or performance guidance in the available content[11] - There are no indications of market expansion or mergers and acquisitions mentioned in the reports[11] - The company has not undergone an audit for the first quarter report[51]

Financial Performance - The company's operating revenue for 2021 was CNY 1,912,861,727.66, representing a 28.30% increase compared to CNY 1,490,916,555.94 in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 68,850,462.16, a decrease of 2.55% from CNY 70,652,219.78 in 2020[20]. - The net cash flow from operating activities increased significantly by 229.71% to CNY 62,956,154.37 from CNY 19,094,663.11 in 2020[20]. - The total assets at the end of 2021 were CNY 1,257,582,143.66, up 6.65% from CNY 1,179,133,606.27 at the end of 2020[20]. - The net assets attributable to shareholders increased by 5.22% to CNY 1,118,985,767.46 at the end of 2021 from CNY 1,063,519,517.49 at the end of 2020[20]. - The basic earnings per share for 2021 was CNY 0.3436, a decrease of 2.55% from CNY 0.3526 in 2020[20]. - The company reported a quarterly revenue of CNY 538,212,427.93 in Q4 2021, showing a strong performance compared to previous quarters[22]. - The net profit attributable to shareholders in Q4 2021 was CNY 4,091,526.56, significantly lower than the profits in the first three quarters[23]. - The company's total operating revenue for 2021 was ¥1,912,861,727.66, representing a year-on-year increase of 28.30% from ¥1,490,916,555.94 in 2020[108]. - The company's net profit attributable to shareholders was 688.51 million RMB, a decrease of 2.55% compared to the previous year[46]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.50 per 10 shares to all shareholders, based on a total of 200,400,000 shares[4]. Market and Industry Trends - The global semiconductor IC market reached $509.8 billion in 2021, a 25% increase from 2020, with semiconductor memory growing by 34.6%[31]. - NAND Flash market capacity is projected to grow from 410 billion GB in 2020 to 1,481 billion GB by 2025, with mobile storage demand increasing at a CAGR of 31%[34]. - The Chinese storage market is expected to grow at a CAGR of 12.6%, reaching a market size of 62.4 billion RMB by 2025[35]. - The PC shipment volume increased by 13.5% in 2021, reflecting a sustained demand for storage products[42]. Product Development and Innovation - The company has expanded its product lines to include mobile storage, solid-state storage, and dynamic storage, enhancing its market presence[30]. - The company launched new products including PCIe4.0 NVMe SSDs and high-frequency DDR4 memory modules to meet diverse customer needs[51]. - The company introduced a new line of domestic solid-state drives and memory products under its own brand "Lang" to leverage advancements in local semiconductor technology[44]. - The company is expanding its product offerings in response to the growing demand for high-performance storage solutions driven by IoT and smart city developments[45]. - The company completed several new product developments, including NV3000 and NV3000RGB SSDs, enhancing its product line and market competitiveness[119]. - New product projects include the development of PCIe 4.0 SSDs and DDR5 memory, aimed at enhancing future competitiveness[120]. - The company is in the R&D phase for new USB4 mobile SSDs, which are expected to significantly improve product offerings and market position[120]. Intellectual Property and Legal Matters - The company has a comprehensive patent protection strategy, focusing on systematic research and development in its main business areas[12]. - The company has filed 11 new patent applications, bringing the total to 332, with 318 valid patents granted[55]. - The company is actively pursuing legal actions to protect its intellectual property rights[80]. - The company has initiated legal proceedings against Beijing Xuanji Information Technology Co., Ltd. and Agricultural Bank of China for infringing on its invention patent, with the patent number ZL99117225.6[57]. - The company won a judgment against Micron, requiring them to pay RMB 50,000 in economic damages and RMB 6,000 in reasonable expenses for each of the six related cases[61][62][63][66][67][68]. - The company participated in a mediation process at the Supreme People's Court, resulting in a settlement agreement with Micron, although the payment of the settlement amount is still pending[69][70]. - The company is currently involved in a patent invalidation case regarding its "flash electronic storage method and device," which is under review by the National Intellectual Property Administration[105]. Financial Management and Fund Utilization - The company has not utilized any of the fundraising funds in the current reporting period, resulting in a 0.00% usage rate[135]. - The company has committed to investing RMB 21.33 million in four fundraising projects, with a total actual investment of RMB 92.54 million, which is 21.8% of the expected investment progress[138]. - The company has established special accounts at China Bank and China Construction Bank for managing the raised funds[143]. - The company plans to continue using up to RMB 550 million of raised and idle funds for cash management, focusing on short-term financial products with high safety and liquidity[145]. - The company has a balance of 19,860.32 million CNY in excess raised funds, excluding interest and investment income[146]. - The company has a balance of 16,686.09 million CNY in idle raised funds, excluding interest and investment income[146]. Risks and Challenges - The company faces risks related to high share pledge rates among major shareholders, with the largest shareholder having 99.81% of shares pledged[170]. - The company is exposed to risks from new technologies that may replace traditional mobile storage solutions, necessitating ongoing market assessments and product development[175]. - The company is at risk of declining patent operation revenues due to the expiration of its core patent, which may weaken its competitive position in the market[176]. - The company faces significant risks from fluctuations in raw material prices, particularly flash memory, which can adversely affect cost control and gross margin[172]. - The company anticipates a decrease in orders over the next few months due to weakened domestic and international demand as a result of the COVID-19 pandemic[186]. Corporate Governance and Structure - The company has a robust governance structure, complying with relevant laws and regulations without significant discrepancies[191]. - The company has no controlling shareholder, ensuring independence in its operations and management[192]. - The company has established a fully independent financial department, ensuring separate financial decision-making from its shareholders[200].