Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with a total revenue of RMB 200 million, representing a year-on-year growth of 25%[2]. - The company's operating revenue for the reporting period reached ¥360,130,367.65, representing a 111.60% increase compared to ¥170,192,527.42 in the same period last year[41]. - The net profit attributable to shareholders of the listed company was ¥79,295,151.90, a significant increase of 586.81% from ¥11,545,375.05 in the previous year[41]. - The net profit after deducting non-recurring gains and losses was ¥67,164,392.03, marking a 2,678.43% increase from ¥2,417,354.36 in the same period last year[41]. - The basic earnings per share rose to ¥0.1423, up 587.44% from ¥0.0207 in the previous year[41]. - The company achieved a revenue of 360.13 million CNY in the first half of 2021, representing a growth of 111.60% compared to the same period last year[52]. - Operating profit reached 92.07 million CNY, an increase of 1,336.10% year-on-year, while total profit amounted to 95.21 million CNY, up 870.08%[52]. - The company reported a net profit attributable to shareholders of CNY 79.30 million, a significant increase of 586.81% compared to the same period last year[72]. Research and Development - Research and development expenses increased to RMB 30 million, accounting for 15% of total revenue, reflecting the company's commitment to innovation[2]. - The company has developed over 600 products across six key series in integrated circuit business, including critical components for the BeiDou satellite navigation system[52]. - The company is enhancing its AI capabilities in video imaging products, targeting large-scale video monitoring systems for smart city upgrades[68]. - R&D expenses increased to ¥46,350,716.95, a rise of 60.99% due to higher personnel and outsourcing costs[110]. - R&D investment focused on integrated circuits, Beidou technology, and video surveillance systems, with 36 new projects initiated in Beidou[116]. - The R&D team consists of 368 personnel, accounting for 45.77% of the total workforce[119]. - The company filed for 23 new invention patents during the reporting period, enhancing its competitive edge in the industry[98]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2022[2]. - The company is actively pursuing strategic acquisitions to enhance its technology portfolio, with a budget of RMB 100 million allocated for potential mergers and acquisitions[2]. - The company is actively expanding applications for Beidou products in disaster monitoring, emergency rescue, and intelligent driving, focusing on regions like Sichuan, Jiangxi, and Guiyang[66]. - The company aims to explore overseas markets and strengthen its position in the Beidou navigation system applications, leveraging the "Belt and Road" initiative[88]. - The company is gradually expanding into automotive intelligent cockpit technology based on its existing high-speed video transmission technology[79]. Financial Management - The company has engaged in entrusted financial management with a total amount of 9,000 million CNY, including 6,000 million CNY in bank financial products and 3,000 million CNY in securities financial products[134]. - The unexpired balance of entrusted financial management is 4,000 million CNY, with no overdue amounts reported[134]. - The company has not recognized any impairment losses on entrusted financial management products[134]. - The company reported a return rate of 3.15% on structured deposits from Citic Bank, with a maturity date of May 6, 2021[136]. - The company has also engaged in entrusted financial management with Industrial Bank, reporting a return rate of 2.10% on funds with a maturity date in 2021[139]. Operational Challenges - The company reported a net cash flow from operating activities of -88.04 million yuan, indicating challenges in cash generation during the period[123]. - The company experienced a significant increase in credit impairment losses, totaling CNY 11.64 million, up 11,062.41% year-on-year, due to rapid growth in accounts receivable[107]. - The company is actively managing risks related to raw material and production price fluctuations, which could impact gross margins and future profitability[161]. - The company faces product development risks due to the high complexity and long development cycles of industry-level products, which require substantial R&D investment[158]. Corporate Governance and Social Responsibility - The company has established a management system to protect employee rights and is committed to transparency and investor relations[190]. - The company has actively supported social welfare and rural poverty alleviation efforts[190]. - The company adheres to laws and regulations to protect shareholder and creditor rights, ensuring accurate and timely information disclosure[191]. - The company emphasizes employee rights protection, providing benefits according to national standards and ensuring compliance with labor laws[194]. - The company has not yet initiated targeted poverty alleviation efforts but plans to participate in future projects to support poverty reduction[196][197].

Financial Performance - The company's revenue for Q1 2021 was ¥170,140,046.96, representing a 152.05% increase compared to ¥67,501,483.00 in the same period last year[10]. - Net profit attributable to shareholders reached ¥37,661,490.38, a significant increase of 717.81% from ¥4,605,152.08 in the previous year[10]. - The net profit after deducting non-recurring gains and losses was ¥34,144,839.28, up 1137.98% from ¥2,758,114.03 year-on-year[10]. - The basic earnings per share increased to ¥0.0676, reflecting a growth of 724.39% compared to ¥0.0082 in the same period last year[10]. - The weighted average return on equity rose to 3.65%, an increase of 3.16 percentage points from 0.49% in the previous year[10]. - The company achieved total operating revenue of CNY 170,140,046.96, a year-on-year increase of 152.05% due to significant growth in industry demand and rapid growth across all main business segments[33]. - Operating costs rose to CNY 70,508,117.25, reflecting an increase of 111.42% primarily driven by the increase in operating revenue[33]. - The company reported a net profit attributable to shareholders of CNY 3,766,150.00, representing a year-on-year growth of 717.81%[42]. - The total comprehensive income for the current period was ¥41,209,157.18, compared to ¥2,978,581.82 in the previous period, showing a growth of approximately 1,280%[100]. - The company's total profit for the current period was ¥48,224,970.67, compared to ¥4,346,165.05 in the previous period, indicating an increase of approximately 1,010%[100]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,993,770,911.32, a 2.41% increase from ¥1,946,919,536.65 at the end of the previous year[10]. - The company's total assets amounted to CNY 1,946,919,536.65, a decrease of CNY 11,949,241.34 compared to the previous period[129]. - The company's long-term assets totaled CNY 545,236,286.75, a slight increase from CNY 543,435,069.69, reflecting a growth of approximately 0.3%[75]. - The total liabilities of the company were CNY 755,739,385.06, up from CNY 750,097,167.57, indicating an increase of about 0.9%[78]. - The total liabilities increased to CNY 453,187,017.80 from CNY 447,713,341.94, indicating a slight rise in financial obligations[88]. - Total liabilities amounted to 447,713,341.94, with current liabilities at 315,395,677.49[137]. - Non-current liabilities totaled 132,317,664.45, including estimated liabilities of 350,000.00 and deferred income of 125,112,598.48[137]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 60,342[14]. - The top 10 unrestricted shareholders include Chengdu Guoteng Electronics Group Co., Ltd. holding 165,860,000 shares, accounting for 56.3% of total unrestricted shares[18]. - The total number of unrestricted shares held by the top 10 shareholders is 139,860,000 shares, with significant contributions from various investment funds[18]. - The company has not conducted any repurchase agreements during the reporting period, indicating stable shareholder structure[21]. - The company reported a total of 3,668,204 shares under lock-up agreements, with a release schedule based on performance conditions over 36 months[30]. - The company’s management has a lock-up policy where 25% of their shares are released annually, ensuring alignment with long-term performance[30]. - The report indicates that there were no changes in the number of preferred shareholders or their holdings, reflecting stability in this area[22]. - The company has a structured plan for unlocking restricted shares based on specific performance milestones, enhancing shareholder confidence[30]. - The overall shareholder composition suggests a diversified investment base, which may contribute to the company's stability and growth potential[18]. Cash Flow and Investments - The net cash flow from operating activities was negative at -¥63,349,203.01, a decline of 103.88% compared to -¥31,071,744.50 in the same period last year[10]. - The company’s cash flow from operating activities included CNY 4,099,901.27 received from government subsidies, a 152.42% increase from the previous year[37]. - The company invested CNY 40,000,000.00 in financial products during the reporting period, marking a 100.00% increase compared to the previous year[37]. - Cash flow from operating activities amounted to ¥143,594,925.17, an increase from ¥115,566,319.46 in the previous period, representing a growth of about 24.2%[108]. - Cash outflow from operating activities increased to ¥211.04 million, compared to ¥148.26 million in the previous period[112]. - Cash inflow from financing activities was ¥50 million, up from ¥20 million year-over-year[114]. - Net cash flow from financing activities improved to ¥28.28 million, compared to a negative flow of -¥1.55 million last year[114]. Research and Development - Research and development expenses increased to CNY 16,447,656.52, up 82.14% compared to the previous year, due to higher personnel costs and outsourcing expenses[33]. - The company's research and development expenses increased to ¥6,224,365.05 from ¥2,234,068.17, marking a rise of about 179.5%[101]. - The company faces product development risks due to the complexity and high reliability requirements of integrated circuits and satellite navigation products, which may lead to high R&D costs and long development cycles[46]. - The company emphasizes talent retention and recruitment as a top priority to mitigate risks associated with talent shortages in the high-tech industry[49]. Compliance and Governance - The company is focused on maintaining a strong governance structure with clear guidelines for shareholding and performance incentives[30]. - The report indicates that the company is in compliance with the new accounting standards as of the reporting date[140]. - The company has not audited its first-quarter report for 2021, which may affect the reliability of the financial data presented[141]. - The new leasing standards issued by the Ministry of Finance in 2018 will impact financial reporting starting from January 1, 2019, for certain companies[137]. - The company has not made retrospective adjustments for prior comparative data under the new leasing standards[140]. Market and Strategic Outlook - The company discussed its business development expectations during the "14th Five-Year Plan" period in investor communications[63]. - The company highlighted the market potential of the Beidou III system during discussions with institutional investors[66]. - Ongoing litigation involving the controlling shareholder may create uncertainties for the company's future strategic and financial decisions[50].

Financial Performance - Chengdu CORPRO Technology Co., Ltd. reported a total revenue of RMB 500 million for the year 2020, representing a year-on-year increase of 20%[25]. - The company achieved a net profit of RMB 100 million in 2020, which is a 15% increase compared to the previous year[25]. - The company reported a gross margin of 40% for 2020, maintaining a stable margin compared to the previous year[25]. - The company's operating revenue for 2020 was ¥577,177,641.22, representing a 22.38% increase compared to ¥471,613,448.07 in 2019[38]. - The net profit attributable to shareholders for 2020 was ¥80,610,524.11, a significant increase of 1,657.46% from ¥4,586,765.52 in 2019[38]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥50,600,905.03, up 356.49% from -¥19,728,181.70 in 2019[38]. - The net cash flow from operating activities for 2020 was ¥124,524,865.09, a 390.69% increase from -¥42,837,709.52 in 2019[38]. - The total assets at the end of 2020 were ¥1,946,919,536.65, an 18.13% increase from ¥1,648,156,142.39 at the end of 2019[38]. - The company's basic earnings per share for 2020 was ¥0.1444, a 1,660.98% increase from ¥0.0082 in 2019[38]. - The company reported a net cash increase of ¥40,389,882.34, reversing a previous year's decline[143]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in sales in this region for 2021[25]. - The company is exploring potential acquisitions to enhance its technology portfolio and market reach, with a focus on companies in the semiconductor sector[25]. - The company aims to strengthen its market position by focusing on user-oriented research and development strategies[6]. - The company is committed to continuous R&D investment and market expansion to strengthen its core competitiveness in technology and products[79]. - The company anticipates growth opportunities in the integrated circuit and satellite navigation industries, driven by technological advancements and market expansion[163]. Research and Development - Chengdu CORPRO Technology is investing RMB 50 million in R&D for new satellite navigation technologies in 2021, aiming to enhance product capabilities[25]. - The company filed 27 new invention patents during the reporting period, enhancing its technological innovation capabilities[73]. - The company conducted 106 R&D projects in core components, focusing on technologies such as high-speed interfaces and Beidou III, with orderly progress in all projects[131]. - R&D investment amounted to ¥100,417,988.30 in 2020, representing 17.40% of operating revenue, an increase from 16.49% in 2019[136]. - The company is focusing on developing technologies in integrated circuits, satellite applications, and video surveillance, with significant R&D efforts in these areas[138]. Supply Chain and Production Management - The company is committed to optimizing production management and diversifying supplier partnerships to ensure supply chain stability[9]. - The company acknowledges the impact of the COVID-19 pandemic on the supply chain and production capacity, particularly in the context of the recovery of industries like new energy vehicles and 5G[9]. - The company plans to optimize its production management and diversify its supplier base to mitigate risks related to raw material price fluctuations[187]. - The company is actively enhancing its product supply assurance capabilities and production quality control to meet increasing demand[65]. Talent Management - The company emphasizes a talent strategy as a top priority to mitigate risks associated with talent shortages and competition in the high-tech sector[10]. - The company emphasizes talent retention and recruitment as a top priority, implementing various incentive measures to maintain a stable core talent team[191]. - The workforce increased by 3.74% to 832 employees, with 43.87% being R&D personnel and 66.35% holding a bachelor's degree or higher[93]. Risks and Challenges - The company faces risks related to raw material price fluctuations and production costs due to ongoing supply chain pressures, particularly in the integrated circuit industry[9]. - The company recognizes the risks associated with the high complexity and long development cycles of its industry-level products[6]. - The ongoing impact of the COVID-19 pandemic has led to tight supply chains for raw materials and production capacity, affecting the company's cost structure and profit margins[187]. - The company recognizes the potential risks associated with shareholder disputes that may impact future strategic and financial decisions[193]. Governance and Compliance - The company has established a comprehensive corporate governance structure to ensure compliance and effective decision-making amid shareholder disputes[15]. - The company is committed to a governance structure that ensures compliance with legal regulations and protects the interests of all shareholders[194].

Financial Performance - Net profit attributable to shareholders surged by 5,929.62% to CNY 39,327,546.37 for the reporting period[10] - Operating revenue rose by 35.71% to CNY 151,990,471.03 compared to the same period last year[10] - Basic earnings per share increased by 5,775.00% to CNY 0.0705[10] - The company reported a net profit excluding non-recurring gains and losses of CNY 30,280,980.28, up 501.29% year-on-year[10] - The company reported a significant increase in prepayments to CNY 37,309,306.95 from CNY 13,533,874.05, a rise of 174.5%[61] - The total profit for the quarter was CNY 56,998,955.55, compared to CNY 4,337,649.39 in the previous year, indicating a growth of about 1211%[84] - The company's net profit for Q3 2020 reached CNY 50,508,603.39, a significant increase from CNY 3,988,094.80 in the same period last year, representing a growth of approximately 1165%[84] Assets and Liabilities - Total assets increased by 8.93% to CNY 1,795,301,510.77 compared to the end of the previous year[10] - The company's total liabilities increased, with accounts payable rising to ¥189,820,159.32, a 39.74% increase from the previous year[36] - The company's total liabilities rose to approximately CNY 635.82 million, compared to CNY 541.63 million at the end of 2019, marking an increase of about 17.4%[58] - Total liabilities amounted to CNY 355,664,969.27, with current liabilities at CNY 263,159,133.60 and non-current liabilities at CNY 92,505,835.67[115] - The total amount of other payables is CNY 36,559,459.58, which includes various operational liabilities[115] Shareholder Information - The total number of shareholders at the end of the reporting period was 66,677[13] - Major shareholder Chengdu Guoteng Electronics Group Co., Ltd. holds 29.76% of the shares[13] - The company has not conducted any repurchase agreements among the top 10 common stock shareholders during the reporting period[18] - The company plans to unlock 30% of restricted stocks after 12 months, another 30% after 24 months, and 40% after 36 months, according to the stock option and restricted stock incentive plan[22] - A total of 1,005,000 shares of restricted stock will be repurchased and canceled as approved by the board and shareholders[26] Cash Flow - Net cash flow from operating activities improved by 124.83% to CNY 18,037,365.09[10] - The company's cash flow from operating activities saw a 68.74% increase, reaching ¥46,068,323.01, due to additional government funding[41] - The cash inflow from operating activities was CNY 376,895,698.46, an increase of 36.6% compared to CNY 275,817,902.78 in the previous period[95] - The total cash outflow from operating activities was CNY 457,116,547.81, an increase of 14.8% compared to CNY 398,233,462.12 in the previous period[95] Inventory and Receivables - Inventory increased to ¥471,199,888.40, reflecting a 59.18% rise due to higher costs in products and projects[36] - The company reported a significant increase in accounts receivable, reaching ¥74,898,830.60, a 57.30% increase compared to the previous year[36] - Inventory increased significantly to CNY 222,340,080.25, up from CNY 132,180,041.82, representing a growth of 68.2%[61] Research and Development - Research and development expenses rose to ¥49,903,339.02, marking a 33.13% increase year-on-year[38] - Research and development expenses for the quarter were CNY 6,696,104.13, a decrease from CNY 9,297,633.18 in the same period last year[75] - Research and development expenses increased to CNY 17,429,390.77 from CNY 16,640,453.69, marking a rise of about 4.75% year-over-year[91] Government Subsidies - The company received government subsidies amounting to CNY 21,926,558.74 during the reporting period[10] - The company achieved a 220.43% increase in other operating income, totaling ¥7,965,588.39, primarily from government subsidies[40] Other Financial Metrics - The weighted average return on equity rose by 4.09%, an increase of 4.02 percentage points[10] - The company reported a significant reduction in credit impairment losses, which improved to CNY -2,134,134.96 from CNY -10,580,952.19, a decrease of approximately 79.8%[84] - The company confirmed other income of approximately CNY 39.78 million from a national major special project contract valued at CNY 95.15 million[44]

证券代码：300101 证券简称：振芯科技 公告编号：2020-055 成都振芯科技股份有限公司 关于参加2020年四川辖区上市公司投资者网上集体接待日活动 的公告 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。 为进一步加强与投资者的互动交流，成都振芯科技股份有限公司（以下简称"公 司"）将参加"2020 年四川辖区上市公司投资者网上集体接待日"活动，现将有关 事项公告如下： 本次集体接待日活动将通过深圳市全景网络有限公司提供的互联网平台举行， 投资者可以登陆"全景·路演天下" 网站（http://rs.p5w.net）参与公司本次投资者 集体接待日活动，时间为 2020 年 9 月 25 日（周五）15:00 至 17:00。 届时公司副董事长/总经理谢俊先生、副总经理/董事会秘书陈思莉女士、财务 总监鄢宏林先生将通过网络在线交流的形式，与投资者就公司治理、经营状况、发 展战略、风险防控、投资者保护等投资者关注的问题进行沟通。 欢迎广大投资者积极参与。 特此公告。 成都振芯科技股份有限公司 董 事 会 2020 年 9 月 22 日 ...

Financial Performance - Total revenue for Q1 2020 was ¥67,501,483, a decrease of 33.38% compared to ¥101,326,500 in the same period last year[9] - Net profit attributable to shareholders was ¥4,605,152, an increase of 36.45% from ¥3,374,908 in the previous year[9] - Net profit excluding non-recurring gains and losses reached ¥2,758,114, a significant increase of 515.43% compared to a loss of ¥663,910 in the same period last year[9] - Basic and diluted earnings per share were both ¥0.0082, representing a 34.43% increase from ¥0.0061 in the same period last year[9] - The company achieved total operating revenue of 67.50 million yuan, a decrease of 33.38% compared to the same period last year[32] - The net profit attributable to shareholders of the listed company was 4.61 million yuan, an increase of 36.45% compared to the same period last year[37] - The total comprehensive income attributable to the parent company's owners is CNY 4,605,152.08, an increase of 36.5% from CNY 3,374,908.95 in the previous period[86] - Basic and diluted earnings per share for the current period are both CNY 0.0082, an increase from CNY 0.0061 in the previous period[86] Cash Flow - The net cash flow from operating activities was -¥31,071,744, an improvement of 14.58% from -¥36,375,398 in the previous year[9] - Cash inflows from operating activities totaled 117,190,570.96, compared to 100,417,529.42 in the prior period, showing a growth of approximately 16.7%[94] - Cash outflows from operating activities were 148,262,315.46, up from 136,792,928.22, leading to a net cash flow from operating activities of -31,071,744.50, an improvement from -36,375,398.80[97] - The company reported a net cash flow from financing activities of -1,546,202.75, an improvement from -50,716,293.75, indicating better management of financing[100] - The ending cash and cash equivalents balance was 283,066,318.04, compared to 246,379,263.76 at the end of the previous period, reflecting a positive cash position[100] - The company experienced a net decrease in cash and cash equivalents of -19,192,549.03, a significant improvement from -212,947,455.58 in the prior period[100] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,620,821,333, a decrease of 1.66% from ¥1,648,156,142 at the end of the previous year[9] - Total liabilities amounted to CNY 306,184,451.20, a decrease of 13.9% from CNY 355,664,969.27[76] - The company's total equity increased to CNY 757,708,811.88, up from CNY 751,426,100.02, indicating a growth of approximately 0.4%[76] - The total assets of the company amounted to CNY 1,620,821,333.48 as of March 31, 2020, down from CNY 1,648,156,142.39 at the end of 2019, reflecting a decrease of about 1.66%[62] - The company reported a total current assets of CNY 1,139,609,573.69 as of March 31, 2020, a decrease from CNY 1,155,077,920.44 on December 31, 2019, representing a decline of approximately 1.34%[60] Operational Highlights - The company's operating revenue for the reporting period was CNY 67,501,483, a decrease of 33.38% compared to CNY 101,326,500.03 in the same period last year, primarily due to the impact of the COVID-19 pandemic on design services, security monitoring, and Beidou operation business[27] - Sales revenue from components and modules reached 25.99 million yuan, an increase of 64.34% year-on-year[35] - Operating costs amounted to 33.35 million yuan, a decrease of 47.69% year-on-year[35] - The company confirmed other income of 31.05 million yuan from a major national project contract[40] Government and Regulatory Matters - Government subsidies recognized in the current period amounted to ¥2,247,616.48[9] - The company is implementing new revenue and leasing standards starting in 2020, which may impact financial reporting[118] - The company has established a complete corporate governance structure and has been operating in compliance with relevant laws and regulations since its IPO in 2010[49] Risks and Challenges - The company faces risks related to new product development, talent retention, and reliance on government subsidies[46] - The company has been involved in multiple lawsuits related to shareholder disputes, which may introduce uncertainty in future strategic and financial decisions[51] - The company has redefined its actual controller status as having no actual controller due to governance issues within the controlling shareholder, which will not adversely affect its daily operations[50]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2019, representing a year-on-year growth of 15%[27]. - The company achieved a net profit of RMB 200 million in 2019, an increase of 10% compared to the previous year[27]. - The company's operating revenue for 2019 was ¥471,613,448.07, an increase of 6.32% compared to ¥443,563,011.45 in 2018[40]. - The net profit attributable to shareholders for 2019 was ¥4,586,765.52, a decrease of 71.63% from ¥16,169,993.94 in 2018[40]. - The net profit after deducting non-recurring gains and losses was -¥19,728,181.70, a decline of 52.07% compared to -¥12,973,328.43 in 2018[40]. - The net cash flow from operating activities was -¥42,837,709.52, a significant decrease of 149.26% from ¥86,958,382.23 in 2018[40]. - The gross margin for the year was reported at 35%, a slight decrease from 37% in 2018, attributed to increased competition in the market[27]. - Future guidance indicates an expected revenue growth of 20% for 2020, driven by new product launches and market expansion efforts[27]. - The company reported a net profit of 4.59 million yuan, a decrease of 71.63% compared to the previous year, attributed to various profit fluctuation factors[103]. Market Expansion and Strategy - The company plans to enhance its market expansion and R&D efforts to mitigate risks associated with new product development and talent retention[9][10]. - The company aims to implement the "N+e+X" strategy to strengthen its capabilities in high-performance IC, satellite navigation, and optical video fields, thereby improving its core competitiveness[10]. - The company plans to expand its market presence in Southeast Asia, targeting a revenue contribution of 20% from this region by 2021[27]. - The company is focusing on integrating Beidou navigation technology with 5G, IoT, and AI to provide intelligent and high-precision location services[80]. - The company plans to continue advancing its "N+e+X" strategy to build a satellite interconnection/satellite aerospace big data industry chain, leveraging its advantages in high-tech industries[160]. - The company is actively expanding its market presence in key industries such as airports, law enforcement, and railways through product and system promotion[178]. Research and Development - Chengdu CORPRO is investing RMB 300 million in R&D for new satellite navigation technologies, aiming to launch two new products in 2020[27]. - The company has maintained a high R&D investment ratio, continuously attracting excellent R&D talent to enhance innovation capabilities in high-performance integrated circuit design[64]. - The company conducted 98 R&D projects focused on core components, including silicon-based multifunctional MMIC chips and Beidou III chips, with orderly progress in all projects[131]. - R&D investment amounted to ¥77,788,124.13, representing 16.49% of operating revenue, a decrease of 5.48% compared to the previous year[134]. - The company filed 22 new invention patents in high-performance integrated circuits, Beidou satellite navigation, and video imaging during the reporting period[69]. - The company has established an innovation center to strengthen technical research and development, aiming to overcome technological bottlenecks[90]. Corporate Governance and Compliance - The company emphasizes the importance of adhering to its corporate governance structure to ensure compliance and transparency in its operations[18]. - The company has established a comprehensive governance structure to ensure the achievement of its strategic and operational goals[16]. - The company has established a comprehensive corporate governance structure to mitigate risks associated with shareholder disputes and ensure transparent decision-making processes[189]. - The independent directors fulfilled their responsibilities and ensured the protection of minority shareholders' rights during the dividend distribution process[197]. Challenges and Risks - The company acknowledges the risks posed by intense market competition and rapid technological changes, necessitating effective cost control and timely responses[4][10]. - The company recognizes the challenges posed by a slowing macroeconomic environment and aims to explore new growth potentials while maintaining its core business[10]. - The company has faced multiple lawsuits due to shareholder disputes, which may introduce uncertainties in its future strategic and financial decisions[15]. - The company reported that government subsidies accounted for over 30% of the total profit for the reporting period, indicating a risk of dependency on non-sustainable income sources[14]. - The company acknowledges the risk of intensified market competition and economic uncertainties, and will continue to implement its "N+e+X" strategy to explore new growth potentials[185]. Product Development and Innovation - The company launched new products including the Beidou combination positioning vehicle terminal and the shipborne positioning and orientation terminal during the reporting period[51]. - The company completed the development of the Beidou III multi-frequency verification terminal and the Beidou III position report verification terminal, which have passed evaluations[51]. - The company is set to launch the Beidou III dual-mode RNSS/RDSS baseband chip, laying a solid foundation for future product development[85]. - The company has developed core technologies in video image processing, including wide dynamic video capture and infrared imaging, and has established extensive cooperation with major telecom operators[64]. - The company has successfully deployed its airport process control system in 10 domestic airports, receiving high recognition from airport clients and regulatory authorities[54]. Financial Management and Investments - The company has not declared any cash dividends or stock bonuses for the reporting period, indicating a focus on reinvestment[19]. - The company distributed a cash dividend of RMB 0.2 per 10 shares, totaling RMB 11,187,000 for the 2018 fiscal year[196]. - The total number of shares for the dividend distribution was 55,935,000[196]. - The cash dividend policy was executed in compliance with the company's articles of association and shareholder resolutions[197]. - The company has ensured that minority shareholders had ample opportunity to express their opinions and demands regarding the cash dividend policy[197].

Financial Performance - Operating revenue for the reporting period was ¥111,997,654.10, representing a decline of 9.80% year-on-year[10]. - Net profit attributable to shareholders was ¥652,239.30, an increase of 154.69% compared to the same period last year[10]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was -¥7,545,825.03, a decrease of 32.29% year-on-year[10]. - Basic earnings per share for the reporting period was ¥0.0012, an increase of 140.00% compared to the same period last year[10]. - The weighted average return on net assets was 0.07%, an increase of 0.04 percentage points compared to the previous year[10]. - Operating income saw a significant increase of 379.42% to ¥2,485,923.55, primarily due to increased government subsidies[43]. - Net profit for the current period was -¥3,795,759.58, compared to a net loss of -¥1,358,658.12 in the previous period, indicating a worsening financial performance[83]. - Net profit for the current period is ¥10,506,910.96, compared to a net loss of ¥1,362,732.04 in the previous period, indicating a turnaround in profitability[93]. - Total comprehensive income for the current period is ¥10,506,910.96, compared to a loss of ¥1,362,732.04 in the previous period[93]. - The total comprehensive income attributable to the parent company is ¥652,239.30, compared to ¥256,095.00 in the previous period[90]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥122,415,559.34, a decrease of 256.65% year-on-year[10]. - Cash and cash equivalents decreased by 48.26% to ¥237,639,548.32 due to negative cash flow from operating activities of ¥-122,415,600, investment activities of ¥-69,610,300, and financing activities of ¥-29,661,300[42]. - Cash received from operating activities decreased by 70.85% to ¥27,301,098.31, mainly due to reduced funding from major special projects and government subsidies[47]. - Total cash inflow from operating activities was 275,817,902.78, while cash outflow was 398,233,462.12, resulting in a net cash flow deficit[114]. - The ending cash and cash equivalents balance was 237,639,548.32, down from 382,171,982.91 in the previous period[117]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,514,546,173.49, a decrease of 2.02% compared to the previous year[10]. - The company's total current assets amounted to CNY 1,030,781,551.56, a decrease from CNY 1,108,591,310.67 at the end of 2018[60]. - Total liabilities decreased slightly to CNY 418,152,563.14 from CNY 444,569,315.38, showing a reduction in overall debt[66]. - The company's total equity as of September 30, 2019, was CNY 1,096,393,610.35, down from CNY 1,101,146,415.55 at the end of 2018[69]. - Total liabilities rose to ¥301,316,816.74, up from ¥247,417,894.10, marking an increase of 21.8%[79]. - The total amount of accounts payable was CNY 72.36 million, indicating a significant liability[130]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,939[14]. - The largest shareholder, Chengdu Guoteng Electronics Group Co., Ltd., held 29.71% of the shares[14]. - The company did not conduct any repurchase transactions during the reporting period[16]. - The company approved the repurchase and cancellation of 1,005,000 shares of unvested restricted stock during the 2018 annual general meeting[23]. - The total number of shares under management lock-up is 8,650,465, with 1,005,000 shares released from restrictions[39]. Research and Development - Research and development expenses increased by 49.91% to ¥30,172,167.39, reflecting higher R&D investments[42]. - Research and development expenses decreased to CNY 16,640,453.69 from CNY 25,757,016.81, a reduction of about 35.4%[107]. - Research and development expenses for the current period are ¥9,297,633.18, down from ¥13,678,267.09, showing a reduction in R&D spending[90]. Operational Costs - Total operating costs for the current period were ¥119,911,991.87, down from ¥137,303,410.98, reflecting a reduction of 13.3%[80]. - Cash paid to employees increased by 33.76% to ¥105,156,900.67, due to the payment of last year's year-end bonuses and increased salaries[47]. - Cash used for purchasing fixed assets surged by 330.56% to ¥70,672,323.97, driven by the acquisition of security monitoring project equipment and R&D equipment[47]. Other Financial Metrics - The company reported an investment loss of ¥551,882.05 from joint ventures and associates[90]. - The company recorded a loss of CNY 10,580,952.19 in credit impairment losses[99]. - The company has no overdue commitments from shareholders or related parties during the reporting period[54]. - There were no violations regarding external guarantees during the reporting period[56].

Financial Performance - The company reported a total revenue of RMB 150 million for the first half of 2019, representing a year-on-year increase of 20%[2] - The net profit attributable to shareholders was RMB 30 million, up 15% compared to the same period last year[2] - Total revenue for the first half of 2019 was CNY 189,729,834.08, representing a 4.83% increase compared to CNY 180,989,188.17 in the same period last year[31] - Net profit attributable to shareholders was CNY 7,555,224.78, a decrease of 71.30% from CNY 26,325,262.32 year-on-year[31] - The company achieved operating revenue of CNY 189.73 million, a year-on-year increase of 4.83%[59] - The company reported a net profit of RMB 7.56 million, a decline of 71.30% year-on-year[75] User Growth and Market Expansion - The number of users for the company's satellite navigation products reached 1.5 million, an increase of 25% year-on-year[2] - The company aims to expand its market presence in Southeast Asia, targeting a 10% market share by 2021[2] - The company is actively expanding its market presence in the southwest region, focusing on system integration projects related to smart cities and big data[46] Research and Development - The company plans to invest RMB 50 million in research and development for new satellite technology in the next fiscal year[2] - The company focused on the development of high-performance integrated circuits and key components for Beidou navigation terminals, with significant R&D efforts in microwave transceiver chips and software-defined radio[41][42] - The company filed for 7 new invention patents during the reporting period, maintaining a strong focus on innovation[52] - The company maintains a high R&D investment ratio, continuously attracting top talent to enhance innovation capabilities in high-performance integrated circuits[48] - The company’s R&D expenses decreased by 14.40% to RMB 20.58 million, reflecting a strategic focus on cost management[74] Strategic Partnerships and Acquisitions - The company has initiated a strategic partnership with a leading telecommunications firm to enhance product distribution channels[2] - The company is exploring potential acquisition opportunities in the navigation technology sector to bolster its product offerings[2] Financial Management and Investments - The company does not plan to distribute cash dividends for the current fiscal year, focusing instead on reinvestment[2] - The total assets of the company as of June 30, 2019, were RMB 500 million, reflecting a 5% increase from the end of 2018[2] - The company reported a total investment of RMB 120,000,000.00 during the period, a decrease of 48.94% compared to RMB 235,000,000.00 in the previous period[91] - Cash and cash equivalents decreased by 4.69% to RMB 345,052,552.40, primarily due to a significant reduction in net cash flow from operating activities[84] Operational Challenges - The net cash flow from operating activities was -CNY 49,780,572.89, a decline of 144.25% compared to CNY 112,498,040.51 in the same period last year[31] - The company faces risks related to rising costs in high-tech fields and intense market competition for new product development[106][107] - The company is committed to strengthening project management and controlling R&D expenses to mitigate risks associated with new product development[107] Corporate Governance and Compliance - The company did not distribute cash dividends or bonus shares for the half-year period[113] - The company’s financial report for the half-year was not audited[115] - The company has no outstanding commitments or overdue obligations as of the reporting period[121] - The company has adhered to environmental laws and regulations without incurring penalties during the reporting period[150] Shareholder Information - The total number of common shareholders at the end of the reporting period was 66,621[172] - Chengdu Guoteng Electronics Group Co., Ltd. holds a 29.65% stake, amounting to 165,860,000 shares[178] - The largest shareholder, Chengdu Guoteng Electronics Group, has not changed during the reporting period[185] - The company does not have any preferred shares outstanding during the reporting period[190]

证券代码：300101 证券简称：振芯科技 公告编号：2019-034 成都振芯科技股份有限公司 关于参加 2019 年四川辖区上市公司投资者集体接待日活动的公告 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。 为进一步加强与投资者的互动交流工作，成都振芯科技股份有限公司（以下 简称"公司"）将参加由四川省上市公司协会、深圳市全景网络有限公司共同举 办的"2019 年四川辖区上市公司投资者集体接待日"主题活动及董秘值班周活 动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 全 景 • 路 演 天 下 "网站 （http://rs.p5w.net/html/94366.shtml）或关注微信公众号：全景财经，参与公司本 次投资者集体接待日活动，活动时间为 2019 年 5 月 24 日（星期五）15:00 至 16:30。 届时公司总经理谢俊先生、执行总经理兼董事会秘书杨国勇先生、财务总监 鄢宏林先生将通过网络在线交流形式与投资者就 2018 年年报、公 ...