Financial Performance - Total revenue for the first half of 2014 reached ¥918,697,908.45, an increase of 20.53% compared to ¥762,233,986.94 in the same period last year[12]. - Net profit attributable to ordinary shareholders was ¥124,334,603.20, representing a growth of 34.22% from ¥92,631,998.16 year-on-year[12]. - Net profit after deducting non-recurring gains and losses was ¥117,133,985.72, up 30.01% from ¥90,099,099.27 in the previous year[12]. - Basic earnings per share increased by 34.26% to ¥0.2410, compared to ¥0.1795 in the previous year[12]. - The company reported a net profit of 124,334,603.20 CNY for the current period, contributing to an increase in total equity[85]. - The net profit for the first half of 2014 is approximately ¥127.14 million, an increase from ¥94.86 million in the same period last year, reflecting a year-over-year growth of 34.0%[187]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 33.34% to ¥104,806,572.64, down from ¥157,229,096.91 in the same period last year[12]. - The company’s operating cash flow decreased by 33.34% to ¥104,806,572.64 compared to the previous year[19]. - Cash flow from operating activities amounted to CNY 980,796,077.14, an increase from CNY 855,002,846.12 in the prior period[82]. - The company reported a net cash flow from operating activities of CNY 104,806,572.64, down from CNY 157,229,096.91 year-over-year[82]. - The total cash and cash equivalents at the end of the period amounted to 170,413,768.22 CNY, up from 148,900,922.53 CNY at the beginning of the period[84]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,657,881,360.72, a 13.51% increase from ¥2,341,614,326.25 at the end of the previous year[12]. - The total liabilities increased to CNY 789.40 million, up 35.5% from CNY 582.78 million in the previous period[74]. - The company reported a total current assets of CNY 1,457,393,613.19 at the end of the period, an increase from CNY 1,215,028,865.32 at the beginning of the period, representing a growth of approximately 19.93%[70]. - The company’s fixed assets increased to CNY 967.53 million, up from CNY 903.33 million, indicating a growth of 7.1%[73]. Research and Development - Research and development expenses increased by 24.55% to ¥77,056,136.67, driven by new product development investments[19]. - The company has several key R&D projects, including the 1.18H ultra-thin MICRO SIM card connector, which is in the trial production stage and expected to be mass-produced in 2014[26]. - Research and development expenses amounted to 77,056,136.67, up from 61,868,700.66 in the prior period, reflecting a growth of approximately 24.5%[183]. Shareholder Equity and Dividends - Shareholders' equity attributable to ordinary shareholders rose by 6.34% to ¥1,793,163,992.78, compared to ¥1,686,324,477.31 at the end of the previous year[12]. - The company plans not to distribute cash dividends or issue bonus shares for this period[6]. - The company distributed cash dividends of ¥25,800,000.00, amounting to ¥1 per share for every 10 shares held[174]. Market and Sales Performance - The company achieved operating revenue of ¥918,697,908.45, representing a year-on-year increase of 20.53%[16]. - The total sales amount from the top five customers reached ¥501,037,413.69, showing an increase of 8.77% compared to the previous year[23]. - The revenue from mobile and communication product connectors was ¥387,707,356.80, up from ¥311,253,379.93 in the previous period, marking an increase of about 24.5%[175]. Corporate Governance and Compliance - The company has not encountered any major litigation or arbitration matters during the reporting period[44]. - The company has maintained compliance with all regulatory commitments related to its stock and incentive plans[50]. - The company has not reported any violations of commitments regarding social insurance payments or tax obligations as of the report date[51]. Future Outlook and Strategic Initiatives - The company plans to expand its production capacity for CNC metal structure components and ultra-precision connectors to meet growing market demand[16]. - The company plans to continue expanding its market presence and investing in new technologies, as indicated by the increase in capital expenditures[151]. - The company is actively exploring future strategic industries and expanding its product offerings in response to market trends[38]. Taxation and Financial Management - The company reported a corporate income tax rate of 15% for the current period, applicable to its subsidiaries, including Kunshan Changying Company[130]. - The company has a comprehensive tax strategy that includes various local and national tax incentives[130]. - The company has identified prior accounting errors and has adopted a retrospective restatement method for correction[128].

深圳市长盈精密技术股份有限公司 2014 年第一季度报告全文 2014 年第一季度报告 2014-34 2014 年 04 月 1 深圳市长盈精密技术股份有限公司 2014 年第一季度报告全文 管人员)徐达海声明：保证季度报告中财务报告的真实、完整。 2 第一节 重要提示 本公司董事会、监事会及其董事、监事、高级管理人员保证本报告所载资 料不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准 确性和完整性承担个别及连带责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人陈奇星、主管会计工作负责人朱守力及会计机构负责人(会计主 深圳市长盈精密技术股份有限公司 2014 年第一季度报告全文 深圳市长盈精密技术股份有限公司 □ √ | | 本报告期 | 上年同期 | 本报告期比上年同期 | | --- | --- | --- | --- | | | | | 增减（% | | 营业总收入（元） | 407,004,438.39 | 338,919,073.24 | 20.09% | | 归属于公司普通股股东的净利润（元） | 59,391,048.18 | 44,912,596.80 | 3 ...

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2013, representing a year-on-year growth of 15%[15]. - The net profit attributable to shareholders was 150 million RMB, an increase of 10% compared to the previous year[15]. - The gross margin for the year was 25%, showing a slight improvement from 24% in 2012[15]. - Operating profit for the year was CNY 255,019,286.11, up 20.09% compared to the previous year[16]. - Net profit attributable to shareholders reached CNY 221,670,300.66, reflecting an 18.24% increase year-on-year[16]. - The company achieved operating revenue of CNY 1,725,720,986.09 in 2013, representing a year-on-year increase of 41.23%[16]. - The company aims to achieve a revenue target of 1.5 billion RMB for 2014, reflecting a growth rate of 25%[15]. - The company reported a total operating cost of ¥1,470,796,243.82, which is a 45.5% increase from ¥1,010,833,736.89 in the previous year[166]. - The company’s total equity reached ¥1,655,580,692.20, an increase of 11% from ¥1,491,977,541.93 in the previous year[166]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% increase in market share by 2015[15]. - The company continues to strengthen its relationships with major international clients, including Samsung, to drive sales growth[24]. - The company aims to deepen service and development for major clients like Samsung, Huawei, and Lenovo, expanding product categories and increasing order share[75]. - The company is planning to establish a larger production base in South China or inland to accommodate future growth and increased production capacity[75]. Research and Development - The company has allocated 100 million RMB for R&D in 2014, focusing on advanced electromagnetic shielding technology[15]. - The company’s R&D expenditure for the year was RMB 137.59 million, accounting for 7.97% of operating revenue, an increase of 58.54% compared to the previous year[36]. - The company developed and produced 2,783 new molds in the reporting period, an increase of over 8% year-on-year, and successfully developed 2,088 new products, a growth of over 20%[25]. - The company has made significant investments in new product development, with a focus on innovative connector technologies and electronic components[51]. Acquisitions and Investments - A strategic acquisition of a local competitor is under consideration, which could enhance production capacity by 30%[15]. - The company acquired a 40% stake in Jiangyin Taibo Electronics, enhancing its capabilities in metal appearance parts for high-end home appliances and consumer electronics[28]. - The company completed the acquisition of Taibo Electronics in November 2013, gaining substantial control over its board[91]. - The company completed the subscription of 12 million shares of Taibo Electronics, acquiring a 40% stake for RMB 26.68 million[106]. Shareholder Returns and Dividends - The board has approved a dividend payout of 0.2 RMB per share, maintaining a stable return for shareholders[15]. - The company distributed cash dividends totaling RMB 25.8 million, based on a dividend of RMB 1 per 10 shares[76]. - The cash dividend payout ratio for 2013 was 11.64% of the net profit attributable to shareholders, which was RMB 221,670,300.66[82]. - The company has maintained a policy of distributing at least 10% of the annual distributable profit in cash for the years 2012-2014[78]. Operational Efficiency and Cost Management - The company aims to mitigate cost pressures through sales expansion, process optimization, and enhanced management[20]. - The company’s manufacturing costs increased by 23.78% year-on-year, with direct materials accounting for 40.74% of total operating costs[34]. - The ERP system upgrade in collaboration with Oracle improved internal cost control and logistics efficiency, supporting the company's management capabilities[41]. Financial Position and Assets - Total assets at the end of 2013 amounted to CNY 2,341,614,326.25, marking a 16.35% increase from the previous year[16]. - Cash and cash equivalents amounted to ¥235,396,428.37, representing 10.05% of total assets, a decrease of 5.04% compared to the end of 2012[48]. - Accounts receivable increased to ¥379,935,993.95, accounting for 16.23% of total assets, up 1.44% year-on-year, primarily due to increased sales revenue[48]. - The company’s total liabilities increased to CNY 582,781,433.57 from CNY 484,893,949.22, representing a rise of about 20.2%[162]. Corporate Governance and Compliance - The company has established a comprehensive insider information management system to prevent insider trading since its listing in 2010[83]. - The company has not faced any regulatory penalties or corrective actions regarding insider trading during the reporting period[84]. - The company has reported a strict governance structure in compliance with relevant laws and regulations, ensuring no undisclosed information was provided to major shareholders[142]. - The company has committed to fulfilling tax obligations and social insurance payments as per regulations[100]. Employee and Management Structure - The company had a total of 5,221 employees as of December 31, 2013, with 49.86% being general workers[138]. - The management team includes individuals with diverse backgrounds, including experience in finance, engineering, and management, enhancing the company's strategic capabilities[126]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 5.6331 million[134]. - The company has established a performance evaluation system for senior management based on annual work goals and completion status[134].