证券代码： 300097 证券简称：智云股份 大连智云自动化装备股份有限公司 投资者关系活动记录表 编号：【2018 年】第 007 号 | --- | --- | --- | |----------------|--------------------------|----------------------------------------------------------| | | | | | | ■ | 特定对象调研 □分析师会议 | | 投资者关系 | □媒体采访 | □业绩说明会 | | | □ 新闻发布会 □路演活动 | | | 活动类别 | □现场参观 | □ 一对一沟通 | | | □ 其他 | | | 参与单位名称 | 安信证券 李哲 | 安信证券 崔文娟 | | 及人员姓名 | | 东方证券 刘荫泽 东方资管 田任秀 | | 时间 | 2018 年 12 月 17 | 日 14:00-15:00 | | 地点 | | 调研地点：子公司深圳市鑫三力自动化设备有限公司会议室 | | 上市公司 | 董事长：师利全 | | | 接待人员 | 董事长助理：王继宝 | | | 投资者关系活动 | ...

证券代码： 300097 证券简称：智云股份 大连智云自动化装备股份有限公司 投资者关系活动记录表 编号：【2019 年】第 002 号 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------|-----------|------------------------|-------|-------|-------|-------|-------|-------|-------|--------|------------------------------------------------------| | | | | | | | | | | | | | | | ■ | | | | | | | | | | 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 | □ | 新闻发布会 □路演活动 | | | | | | | | | | | 活动类别 | □现场参观 | | | | | | | | □ | | 一对一 ...

证券代码： 300097 证券简称：智云股份 大连智云自动化装备股份有限公司 投资者关系活动记录表 编号：【2019 年】第 001 号 | --- | --- | --- | |----------------|------------------------|------------------------------------------------------| | | | | | | ■ | 特定对象调研 □分析师会议 | | 投资者关系 | □媒体采访 | □业绩说明会 | | | □ | 新闻发布会 □路演活动 | | 活动类别 | □现场参观 | □ 一对一沟通 | | | □ 其他 | | | 参与单位名称 | | | | 及人员姓名 | 新百信基金 刘霄 | | | 时间 | 2019 年 1 月 4 | 日 9:00-10:00 | | 地点 | | 调研地点：子公司深圳市鑫三力自动化设备有限公司会议室 | | 上市公司 | 董事长：师利全 | | | 接待人员 | 董事长助理：王继宝 | | | 投资者关系活动 | 一、介绍环节 | | | 主要内容介绍 | | 董事长助理王继宝先生 ...

证券代码： 300097 证券简称：智云股份 大连智云自动化装备股份有限公司 投资者关系活动记录表 编号：【2020 年】第 002 号 | --- | --- | --- | |----------------|----------------------------------|----------------------------------------------| | | | | | | ■ 特定对象调研 □分析师会议 | | | 投资者关系活动 | □媒体采访 □业绩说明会 | | | 类别 | □ 新闻发布会 □路演活动 | | | | □现场参观 | □ 一对一沟通 | | | □ | 其他 （请文字说明其他活动内容） | | | 长城基金管理有限公司：陈良栋 | | | | | 信达澳银基金管理有限公司：徐聪、张凯 | | | | 深圳前海汇杰达理资本有限公司：解睿 | | | 深圳前海晟贝乐投资有限公司：陈取 | | | 参与单位名称及 | 深圳海富凌资本管理有限公司：陈凌 | | | 人员姓名 | | 深圳世纪恒丰资产管理有限公司：王娜 | | | 深圳茂源财富管理有限公司：钟华 | ...

Financial Performance - The company's revenue for Q3 2022 was ¥70,102,696.18, a decrease of 52.87% compared to the same period last year[5] - The net profit attributable to shareholders was -¥60,002,394.45, showing a slight increase of 1.39% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥65,289,607.91, a decrease of 12.68% compared to the previous year[5] - The total revenue for the period reached RMB 350,363,415.87, a decrease of 26.2% compared to RMB 474,983,832.66 in the previous period[24] - The company's operating revenue for Q3 2022 was CNY 350,363,415.87, a decrease of 26.2% compared to CNY 474,983,832.66 in Q3 2021[25] - The net profit for Q3 2022 was a loss of CNY 113,936,573.31, an improvement from a loss of CNY 149,458,443.73 in Q3 2021[26] - The basic and diluted earnings per share for Q3 2022 were both CNY -0.3700, an improvement from CNY -0.5111 in Q3 2021[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,668,720,802.20, down 11.45% from the end of the previous year[5] - The total assets decreased to RMB 1,668,720,802.20 from RMB 1,884,406,344.06, reflecting a reduction of 11.4%[22] - The total liabilities decreased to RMB 977,843,606.24 from RMB 1,100,454,561.65, a decline of 11.1%[22] - The company's non-current assets totaled RMB 500,743,670.51, down from RMB 533,358,455.20, a decrease of 6.1%[21] - The company reported a negative retained earnings of RMB -927,844,029.56, worsening from RMB -821,087,411.30[22] Cash Flow - The company's cash flow from operating activities showed a net inflow of ¥910,826.87, an increase of 101.23% year-to-date[5] - Net cash flow from operating activities improved by 101.23% to ¥910,826.87 due to increased cash receipts from sales and tax refunds[13] - The company reported a net cash flow from operating activities of CNY 910,826.87, a significant recovery from a negative cash flow of CNY 74,208,163.22 in the same period last year[28] - Cash and cash equivalents at the end of Q3 2022 stood at CNY 24,458,272.11, an increase from CNY 19,236,337.08 at the end of Q3 2021[28] - Net cash flow from investing activities decreased by 157.61% to -¥14,970,612.96 primarily due to investments in the construction of an automated equipment industrial park[13] - The total cash inflow from investment activities was CNY 21,757,872.39, a decrease from CNY 112,318,233.12 in the previous year[28] - The company reported a net cash outflow from financing activities of CNY 730,927.14, compared to a net outflow of CNY 1,513,334.60 in Q3 2021[28] Operational Metrics - The company reported a significant decrease in accounts receivable by 48.33%, amounting to ¥176,316,782.88[10] - Accounts receivable dropped significantly to RMB 176,316,782.88 from RMB 341,232,810.18, a decrease of 48.3%[20] - Total operating costs amounted to CNY 484,725,917.93, down 21.3% from CNY 615,865,524.41 in the previous year[25] - Research and development expenses for Q3 2022 were CNY 62,064,018.98, down 20.4% from CNY 77,878,064.88 in Q3 2021[25] - Inventory increased slightly to RMB 518,905,026.03 from RMB 508,283,406.16, an increase of 3.2%[21] Financing and Investments - Short-term borrowings increased by 39.87% to ¥201,858,525.66, indicating a rise in financing needs[10] - The company received government subsidies amounting to ¥7,585,947.64 during the reporting period, contributing to its non-recurring gains[6] - Other income increased by 77.11% to ¥13,665,369.87 mainly from increased government subsidies[12] - Financial expenses decreased by 44.39% to ¥11,935,533.49 primarily due to lower borrowing interest and note discounting costs[12] - The company signed a procurement contract for the "Mianyang BOE 6th Generation AMOLED (Flexible) Production Line Project" with a total amount of RMB 110,502,700[17] - The company initiated arbitration regarding performance compensation and equity repurchase disputes, with a total claim amount of RMB 446,553,849.09[17] - The company reported a significant increase in non-operating income by 360.12% to ¥630,220.31, attributed to gains from debt restructuring[12]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥280,260,719.69, a decrease of 14.10% compared to ¥326,249,792.59 in the same period last year[23]. - The net loss attributable to shareholders was ¥46,754,223.81, an improvement of 46.03% from a loss of ¥86,633,752.17 in the previous year[23]. - The net cash flow from operating activities improved significantly, reaching -¥15,125,647.02, a 79.15% increase compared to -¥72,553,855.72 in the same period last year[23]. - The total assets at the end of the reporting period were ¥1,766,411,174.86, down 6.26% from ¥1,884,406,344.06 at the end of the previous year[23]. - The company reported a basic earnings per share of -¥0.16, improving by 46.67% from -¥0.30 in the previous year[23]. - The weighted average return on equity was -6.34%, slightly improved from -6.52% in the previous year[23]. - The company achieved operating revenue of 280.26 million yuan, a year-on-year decrease of 14.10%[54]. - The net profit attributable to shareholders was -46.75 million yuan, an increase of 46.03% year-on-year[54]. - Revenue from the 3C flat panel display module equipment business was 239.08 million yuan, down 3.47% year-on-year[54]. - The gross margin for the flat panel display module business was 26.14%, a decrease of 6.04% compared to the previous year[54]. - Revenue from the automotive intelligent manufacturing equipment business was 36.47 million yuan, a decline of 48.98% year-on-year[54]. - The company reported a net loss of CNY 51,426,933.77, an improvement from a net loss of CNY 86,933,899.36 in the same period of 2021[169]. - Basic and diluted earnings per share improved to -0.16 from -0.30 year-over-year[170]. - The total profit margin for the first half of 2022 was negative, with a total profit of -¥57,197,082.50 compared to -¥89,816,671.39 in the first half of 2021[169]. Market Trends - The semiconductor market in China reached a sales volume of $192.5 billion in 2021, with a year-on-year growth of 27.1%[31]. - The global semiconductor manufacturing equipment sales are projected to reach a record $117.5 billion in 2022, an increase of 14.7% from 2021[31]. - The global smartphone shipment in 2021 reached 1.34 billion units, a year-on-year increase of 3.88% from 2020[34]. - The OLED smartphone shipment in 2021 grew by 33.4% compared to 2020, driven by significant improvements in yield rates[34]. - The market size of China's display panel industry increased from 0.31 million square meters in 2015 to 0.91 million square meters in 2020, with a CAGR of 24.4%[32]. - The market size of AMOLED equipment in China is approximately 600 billion yuan, accounting for about 55% of the new display equipment market[35]. - The MiniLED and MicroLED market size is projected to expand to 2.32 billion dollars by 2024, up from approximately 10 million dollars in 2018[35]. - The penetration rate of OLED smartphones in China reached 53% in 2021, an increase of 12% year-on-year[42]. - The domestic smartphone shipment in 2021 totaled 351 million units, with 5G smartphones accounting for 75.9% of the total[40]. - The domestic display panel market is expected to reach 1.17 million square meters by 2024, with a slowdown in the growth rate of the LCD panel market[32]. - The demand for automation and intelligent manufacturing in China's manufacturing sector is projected to exceed 28.1 trillion yuan by 2023[38]. Research and Development - The company aims to strengthen its R&D capabilities and expand into new fields related to OLED equipment to maintain its competitive advantage[45]. - The company emphasizes technological innovation and has established a comprehensive R&D system to enhance its core competitiveness[59]. - The company plans to enhance research and development efforts to drive product upgrades and structural adjustments in response to macroeconomic pressures and market competition[87]. - The company intends to increase investment in research and development to maintain technological leadership and respond to rapid industry changes[91]. - The R&D expenses for the period were reported at 727.54 million yuan, highlighting the company's commitment to innovation[186]. Strategic Focus - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company is gradually shifting its focus to the 3C flat panel display module automation equipment business due to the long-term losses in the automotive powertrain intelligent manufacturing equipment business[54]. - The company plans to invest over 400 billion yuan in OLED production lines from 2020 to 2022, indicating significant market potential[58]. - The company is focusing on enhancing brand recognition and customer loyalty through high-quality service and innovative technology, which has helped establish a good reputation in the industry[62]. - The company aims to improve product quality and shorten order response times to address intensified market competition in the domestic panel industry[88]. - The company will focus on customer-oriented product planning and market strategies to mitigate risks associated with fluctuating downstream demand[90]. - The company has initiated several new strategies to improve customer engagement and retention in the competitive market[186]. - The company aims to enhance operational efficiency through strategic mergers and acquisitions in the upcoming quarters[186]. - The company has plans for market expansion and aims to enhance its competitive position in the automation equipment sector[198]. Financial Management - The company is implementing measures to strengthen internal controls and monitoring of accounts receivable to reduce the risk of bad debts[92]. - The company faces risks related to inventory impairment due to potential adverse changes in customer operations and increased competition, which could lead to unsold products[93]. - The company’s goodwill is primarily derived from the acquisitions of Xin Sanli and Jiutian Zhongchuang, with risks of impairment if their operational conditions deteriorate[94]. - The company has established a supplier evaluation system to strengthen supplier management and ensure mutual benefits with customers[107]. - The company has not engaged in any significant related party transactions during the reporting period[118]. - The company has not experienced any non-operating fund occupation by controlling shareholders or other related parties during the reporting period[112]. - The company has not undergone any bankruptcy reorganization during the reporting period[116]. - The company reported a total external guarantee amount of 500 million yuan during the reporting period, with an actual occurrence of 500 million yuan[129]. - The total approved guarantee amount for subsidiaries at the end of the reporting period was 68,429.6 million yuan, with an actual guarantee balance of 19,429.6 million yuan[131]. - The actual total guarantee amount accounted for 28.07% of the company's net assets[131]. Subsidiaries and Investments - The subsidiary Shenzhen Xin Sanli achieved operating revenue of ¥195,854,900, an increase of 16.52% year-on-year, while net profit improved by 78.03% to -¥12,778,790[85]. - The subsidiary Jiutian Zhongchuang reported operating revenue of ¥48,002,340, a decline of 67.94% year-on-year, with net profit decreasing to -¥23,795,790[86]. - The company has a total of 13 subsidiaries, with 100% ownership in several key subsidiaries including 大连智云专用机床有限公司 and 大连智云新能源装备技术有限公司[199]. - The company has established a new subsidiary, 深圳市冠锋光电科技有限公司, with a 60% ownership stake, indicating ongoing growth and diversification efforts[200]. Legal and Compliance - The company has filed for arbitration regarding the performance compensation and share repurchase disputes, which has been accepted by the Shenzhen International Arbitration Court[124]. - The total amount involved in other litigation and arbitration cases during the reporting period is RMB 56,886,100, with RMB 30,307,700 as the amount for cases where the company is the defendant[117]. - The semi-annual financial report has not been audited[114]. - The financial report for the first half of 2022 has not been audited[156]. - The company has not reported any violations regarding external guarantees during the reporting period[113]. Shareholder Information - A total of 58 employees participated in the employee stock ownership plan, holding 9,351,333 shares, which represents 3.24% of the company's total equity[101]. - The largest shareholder, Tan Yongliang, holds 14.11% of the shares, totaling 40,727,507 shares[142]. - Xiaomi Technology (Wuhan) Co., Ltd. holds 5.37% of the shares, totaling 15,499,500 shares[142]. - The company has 27,828 ordinary shareholders at the end of the reporting period[142]. - The total number of shares outstanding as of June 30, 2022, is 288,549,669 shares with a registered capital of 288,549,669.00 RMB[197].

Financial Performance - The company's operating revenue for 2021 was approximately ¥709.68 million, a decrease of 40.23% compared to ¥1.19 billion in 2020[4]. - The net profit attributable to shareholders for 2021 was a loss of approximately ¥654.27 million, representing a decline of 1,905.52% from a profit of ¥36.24 million in 2020[4]. - The company recorded an operating cash flow of approximately -¥76.29 million, a decrease of 139.97% from ¥190.88 million in 2020[20]. - The total assets at the end of 2021 were approximately ¥1.88 billion, a decrease of 19.77% from ¥2.35 billion at the end of 2020[20]. - The net assets attributable to shareholders decreased by 43.98% to approximately ¥760.73 million from ¥1.36 billion in 2020[20]. - The company reported a net profit attributable to shareholders of -654,274,025.61 CNY for the year 2021, with the parent company achieving a net profit of 18,993,995.62 CNY[172]. - The total available profit for distribution was -821,087,411.30 yuan, indicating a loss for the period[171]. Revenue Segments - The automotive intelligent manufacturing equipment segment generated revenue of ¥117 million, down 49.71% year-on-year due to reduced orders from traditional automotive production lines[4]. - Revenue from the flat panel display module equipment business was 579 million yuan, down 20.96% year-on-year, primarily due to incomplete acceptance of shipped orders[52]. - Revenue from the automation equipment sector was ¥693.71 million, down 40.82% from the previous year[65]. - The revenue from the flat panel display module equipment segment was ¥579.21 million, down 20.96% year-over-year[65]. Impairment and Losses - The company recognized impairment losses of ¥4.62 billion and ¥1.10 billion related to goodwill from acquisitions of Xin Sanli and Jiutian Zhongchuang, respectively[6]. - The company reported a significant asset impairment loss of ¥639,309,526.94, primarily related to goodwill impairment from acquisitions[87]. Market Trends and Opportunities - The Chinese semiconductor market sales reached $192.5 billion in 2021, growing by 27.1% year-on-year, highlighting strong industry demand[31]. - The market size of the new display equipment industry in mainland China was approximately ¥110 billion in 2021, with AMOLED equipment accounting for about ¥60 billion[34]. - The global Mini LED market is projected to expand from $10 million in 2018 to $2.32 billion by 2024, indicating a significant growth opportunity[34]. - The domestic display panel industry is expected to reach a market size of 1.17 billion square meters by 2024, with a compound annual growth rate (CAGR) of 4.3% from 2022 to 2024[32]. - The OLED production is expected to grow at a CAGR of 35% over the next three years, driven by increasing demand for flexible displays[33]. Research and Development - Research and development investment reached ¥106 million, an increase of 69.20% year-over-year[61]. - The company has established a strong R&D team and a structured innovation system to enhance its technological capabilities and reduce R&D risks[49]. - The company aims to enhance its product performance and expand its technology capabilities through increased R&D efforts[61]. - The company has a total of 655 technical personnel, representing a significant portion of its workforce[164]. Governance and Compliance - The company has established an independent and complete operational system, maintaining independence in assets, personnel, finance, and business from its major shareholder[136]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with investors[134]. - The company has not experienced any violations or irregularities in its governance practices during the reporting period[129]. - The company has maintained compliance with laws and regulations, ensuring the protection of shareholder and creditor interests[184]. Employee and Management - The total number of employees at the end of the reporting period was 1,106, with 149 in the parent company and 957 in major subsidiaries[164]. - The company implemented an employee stock ownership plan to enhance employee motivation and ensure workforce stability[166]. - The total remuneration for the board members, supervisors, and senior management during the reporting period amounted to 7.038 million yuan[149]. - The company has a competitive salary policy based on industry research, with regular adjustments based on employee performance and qualifications[165]. Future Outlook - The company provided a positive outlook for 2022, projecting a revenue growth of 30% based on new product launches and market expansion strategies[192]. - The company plans to focus on expanding the range of equipment processes and increasing the sales of high-end, high-margin products in 2022[115]. - The company aims to reduce operational costs by 10% through improved efficiency measures in the next fiscal year[191]. - The company is exploring various strategies for market expansion and potential mergers and acquisitions to enhance its growth prospects[198].

Financial Performance - The company's revenue for Q1 2022 was ¥48,679,224.18, a decrease of 78.95% compared to ¥231,261,079.48 in the same period last year[3] - The net profit attributable to shareholders was -¥45,994,357.19, representing a decline of 154.96% from -¥18,039,695.75 year-on-year[3] - The net loss for Q1 2022 was CNY 49,149,044.25, worsening from a net loss of CNY 17,491,426.36 in the same period last year[22] - The company reported a gross profit margin decline, with gross profit at CNY -53,357,645.07, indicating a challenging cost structure[21] - The basic and diluted earnings per share were both reported at CNY -0.16, compared to CNY -0.06 in the previous year[22] Cash Flow - The net cash flow from operating activities was -¥14,165,797.97, an improvement of 37.44% compared to -¥22,643,142.52 in the previous year[3] - Operating cash inflow decreased by 8.53% to ¥202,125,787.02 compared to the same period last year, primarily due to a decline in cash received from sales of goods and services[10] - Operating cash outflow decreased by 11.22% to ¥216,291,584.99, mainly due to a reduction in cash payments related to operating activities[11] - The net cash flow from investing activities was -$14.22 million, an improvement from -$64.00 million in the previous period, indicating a significant reduction in cash outflow[25] - Cash inflow from financing activities was $99.30 million, down from $120.00 million in the previous period, representing a decrease of approximately 17.3%[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,769,600,191.31, down 6.09% from ¥1,884,406,344.06 at the end of the previous year[3] - Total liabilities decreased to CNY 1,027,843,457.53 from CNY 1,100,454,561.65, showing a reduction in financial obligations[20] - The company’s equity attributable to shareholders decreased to CNY 721,693,449.91 from CNY 760,733,811.48, reflecting the impact of net losses on shareholder value[20] Operational Efficiency - The company is focusing on improving operational efficiency and exploring new market opportunities to enhance future performance[21] - The company is in the process of restructuring its business to focus on the flat panel display module automation equipment sector, while gradually exiting the automotive powertrain automation equipment business[16] Other Financial Metrics - Operating costs for Q1 2022 were ¥38,347,245.88, down 76.20% from ¥161,120,606.97 year-on-year[8] - Research and development expenses were CNY 19,124,867.59, down from CNY 24,243,062.42 in the previous year, reflecting a strategic focus on cost management[21] - Other income increased by 331.47% to ¥2,570,857.52, primarily due to increased government subsidies related to software products[9] - The company experienced a 142.26% increase in asset impairment losses, primarily due to provisions for price declines in certain orders[9] - The company received $2.09 million in tax refunds, significantly higher than $0.14 million in the previous period, marking an increase of over 1,400%[24]

Financial Performance - The company's operating revenue for 2021 was approximately ¥709.68 million, a decrease of 40.23% compared to ¥1.19 billion in 2020[4]. - The net profit attributable to shareholders for 2021 was a loss of approximately ¥654.27 million, representing a decline of 1,905.52% from a profit of ¥36.24 million in 2020[4]. - The company recorded a net cash flow from operating activities of approximately -¥76.29 million, a decrease of 139.97% compared to ¥190.88 million in 2020[21]. - The total assets at the end of 2021 were approximately ¥1.88 billion, down 19.77% from ¥2.35 billion at the end of 2020[21]. - The net assets attributable to shareholders decreased by 43.98% to approximately ¥760.73 million from ¥1.36 billion in 2020[21]. - The company reported a non-recurring profit of CNY 109,622,252.00 for 2021, significantly higher than CNY 3,940,589.51 in 2020[28]. - The net profit attributable to shareholders for Q4 2021 was -CNY 506,793,442.59, with a total net profit for the year of -CNY 655,274,024.01[24]. - The company achieved operating revenue of 709.68 million yuan, a year-on-year decrease of 40.23%[52]. - The net profit attributable to shareholders was -654.27 million yuan, a year-on-year decrease of 1905.52%[52]. Revenue Breakdown - The automotive intelligent manufacturing equipment segment's revenue was ¥117 million, down 49.71% year-on-year due to reduced demand from traditional automotive production lines[4]. - Revenue from the flat panel display module equipment business was 579 million yuan, down 20.96% year-on-year, primarily due to a reduction in acceptance volume[53]. - Revenue from the automotive intelligent manufacturing equipment business was 117 million yuan, down 49.71% year-on-year, influenced by decreased demand from traditional automotive manufacturing enterprises[53]. Market Trends and Opportunities - The Chinese semiconductor market sales reached USD 192.5 billion in 2021, growing by 27.1% year-on-year, indicating strong industry demand[32]. - The market size of the new display equipment industry in mainland China was CNY 110 billion in 2021, with AMOLED equipment accounting for approximately 55%[35]. - The global Mini LED market is expected to expand to USD 2.32 billion by 2024, reflecting the growing adoption of new display technologies[35]. - The company anticipates a peak in AMOLED industry equipment market size at CNY 86.6 billion by 2024, driven by new factory constructions[36]. - The average annual compound growth rate (CAGR) for the LCD panel industry is projected to slow to 4.3% from 2022 to 2024, while OLED production is expected to grow at a CAGR of 35%[33]. - The company has identified a market opportunity in the replacement of existing LCD module equipment with more efficient and precise automation solutions[34]. - The company is positioned to benefit from the increasing domestic demand and the shift of global display panel production capacity to China[33]. Research and Development - Research and development investment reached CNY 106 million, an increase of 69.20% year-on-year[62]. - The company aims to enhance its R&D capabilities and expand into new fields, particularly focusing on OLED-related equipment demands to maintain its competitive edge[46]. - The company has a total of 50 high-level SCI papers published in recent years, indicating strong research output[150]. - The company is involved in various national key projects and has received multiple accolades for its research contributions[150]. Governance and Shareholder Relations - The company has established a complete governance structure in compliance with relevant laws and regulations, with no violations reported during the reporting period[131]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with governance standards[134]. - The company has set up four specialized committees under the board to enhance operational governance and sustainable development[134]. - The company respects the rights of all stakeholders, promoting a balanced approach to interests among shareholders, employees, and society[137]. - The company maintained independence in assets, personnel, finance, and operations from its major shareholder, ensuring no illegal fund occupation or guarantees were provided[138]. Employee and Management Structure - The total number of employees at the end of the reporting period was 1,106, with 149 in the parent company and 957 in major subsidiaries[166]. - The company has implemented an employee stock ownership plan to incentivize core technical personnel and key positions[168]. - The company has a total of 655 technical personnel, representing a significant portion of its workforce[166]. - The company conducted regular salary surveys to ensure competitive compensation levels within the industry[167]. Future Outlook and Strategic Initiatives - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 15% to 1.725 billion RMB[196]. - New product development initiatives are underway, with an investment of 200 million RMB allocated for R&D in automation technologies[197]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of the next fiscal year[198]. - A strategic acquisition of a local competitor is in progress, expected to enhance the company's product offerings and market reach[194]. - The company aims to reduce operational costs by 5% through improved efficiency measures in the supply chain[195]. Financial Management and Compliance - The company has established a supplier evaluation system to enhance supplier management and maintain long-term stable relationships with customers[188]. - The company has committed to maintaining its independence and avoiding any potential risks of losing independence in business operations and financial matters[192]. - The company has maintained compliance with all legal regulations and has improved its governance structure, ensuring timely and accurate information disclosure to protect shareholder interests[187].

Financial Performance - The company's revenue for Q3 2021 was ¥148,734,040.07, a decrease of 45.28% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥60,846,830.85, representing a decline of 437.53% year-on-year[3]. - Operating revenue for the first nine months of 2021 was approximately ¥474.98 million, a decrease of 35.06% compared to ¥731.46 million in the same period of 2020, primarily due to a decline in the automotive intelligent manufacturing equipment business and the absence of mask machine sales revenue from the previous year[9]. - The total operating revenue for the third quarter was CNY 474,983,832.66, a decrease of 35.1% compared to CNY 731,463,109.16 in the same period last year[19]. - The net profit for the quarter was a loss of CNY 149,458,443.73, compared to a profit of CNY 43,105,371.62 in the previous year[20]. - The total comprehensive income attributable to the parent company was -147,480,583.02 CNY, compared to 41,622,050.67 CNY in the previous period[21]. Cash Flow - The cash flow from operating activities showed a negative net amount of -¥74,208,163.22, a decrease of 150.98% compared to the previous year[3]. - The net cash flow from operating activities for the first nine months of 2021 was approximately -¥74.21 million, a decline of 150.98% from ¥145.55 million in the same period of 2020, mainly due to reduced cash receipts from sales[10]. - Net cash flow from operating activities was -74,208,163.22 CNY, down from 145,549,600.75 CNY in the previous year[23]. - Cash inflow from operating activities totaled 535,696,653.92 CNY, while cash outflow was 609,904,817.14 CNY[23]. - Cash flow from investing activities generated a net inflow of 25,986,464.66 CNY, compared to a net outflow of -221,942,530.09 CNY in the previous period[23]. - Cash flow from financing activities resulted in a net outflow of -1,513,334.60 CNY, down from a net inflow of 86,966,589.71 CNY last year[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,357,366,277.42, reflecting a slight increase of 0.37% from the end of the previous year[3]. - The total liabilities rose to CNY 1,081,724,604.44, compared to CNY 966,016,153.54 in the same period last year, reflecting an increase of 12%[17]. - The company's cash and cash equivalents decreased by 30.14% to ¥63,390,110.78, primarily due to reduced cash receipts from sales compared to the previous year[7]. - The company's cash and cash equivalents were not explicitly stated, but the increase in current assets suggests improved liquidity[16]. - The ending balance of cash and cash equivalents was 19,236,337.08 CNY, a decrease from 56,382,820.36 CNY at the end of the previous period[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,719, with the largest shareholder holding 14.11% of the shares[12]. Research and Development - Research and development expenses increased by 98.91% to approximately ¥77.88 million in 2021, driven by increased investment in flat panel display module equipment[9]. - Research and development expenses for the quarter were CNY 77,878,064.88, which is a significant increase of 99% compared to CNY 39,152,122.03 last year[19]. - The company plans to continue expanding its research and development efforts in new technologies and products to enhance its market position[9]. Inventory and Receivables - The inventory level increased to CNY 560,665,231.83, up from CNY 463,665,358.78, indicating a growth of 20.9%[16]. - The accounts receivable balance increased to approximately ¥508.44 million as of September 30, 2021, compared to ¥569.12 million at the end of 2020, indicating a rise in credit risk[15]. Other Financial Metrics - The basic and diluted earnings per share were both -¥0.2109, down 437.44% year-on-year[3]. - Basic and diluted earnings per share were both -0.5111 CNY, a decrease from 0.1442 CNY in the same period last year[21]. - The company reported a significant increase in financial expenses, rising by 97.63% to approximately ¥21.46 million, attributed to increased borrowing interest and bill discounting costs[9]. - The company's intangible assets decreased by 48.52% to ¥86,995,690.51, mainly due to changes in the use of raised funds[8]. - The company reported a significant increase in construction in progress, rising by 9585.37% to ¥28,944,829.88 due to investments in the Hubei Zhiyun Chang fully automated equipment manufacturing industrial park[7]. - The company’s contract liabilities increased by 41.25% to ¥204,861,396.85, indicating that some orders have been shipped but not yet recognized as revenue[8].