Group 1: Company Overview - Jiangsu Yitong Technology Co., Ltd. was established and listed on the Shenzhen Stock Exchange in 2011 [2] - The company focuses on broadcasting equipment, intelligent monitoring engineering services, and the research, development, manufacturing, and sales of chips and sensors [2] Group 2: Business Development and Strategy - In January 2021, Huami Technology acquired a 29.99% stake in the company, leading to the establishment of a subsidiary, Whale Microelectronics, focusing on smart chips and biosensors [2] - The new management team emphasizes the development of chip and sensor businesses, transitioning from traditional business models [2][3] Group 3: Product Development - The Huangshan 3 SOC chip, utilizing TSMC's 40nm ULP process, is expected to complete product introduction by Q3 and achieve mass production by the end of the year or early next year [2][3] - The chip features a dual RISC-V core, addressing the balance between ultra-low power consumption and high-performance graphics [3][6] Group 4: Financial Performance - In Q1, the company reported revenue of approximately 41.51 million yuan, with traditional CATV network transmission equipment generating about 7.48 million yuan and intelligent monitoring engineering services around 10.86 million yuan [4] - The gross margin for product sales is approximately 15%, while engineering services have a gross margin of about 48% to 50% [4] Group 5: Market Trends and Challenges - The wearable device market is experiencing a decline in shipment volumes among leading manufacturers, indicating a need for inventory adjustment [5] - The company anticipates better performance in the second half of the year as the economic cycle improves [5] Group 6: Future Outlook - The company aims to solidify existing customer relationships, particularly with Huami, while expanding its market presence [6] - The R&D team currently consists of around 40 members, with plans for future expansion to support product line growth [6]

Financial Performance - The company's operating revenue for Q1 2023 was CNY 41,510,607.79, a decrease of 41.10% compared to CNY 70,477,597.78 in the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 4,522,740.94, representing a decline of 160.59% from a profit of CNY 7,465,080.70 in the previous year[5] - The basic earnings per share were CNY -0.0149, down 160.57% from CNY 0.0246 in the same period last year[5] - The gross profit for the period was 12.99 million yuan, down by 706.67 million yuan year-on-year[23] - The net profit for the company was -4.52 million yuan, a decline of 160.59% compared to the previous year[23] Cash Flow - The net cash flow from operating activities was CNY 1,112,902.90, an increase of 104.23% compared to a negative cash flow of CNY 26,306,911.14 in the same period last year[10] - The company maintained a healthy cash flow with a net operating cash flow of 1.11 million yuan and cash holdings of 299.72 million yuan at the end of the reporting period[24] - The net cash flow from investment activities improved to 1,190,442.49 from -1,284,051.43, suggesting better management of investment cash flows[37] - Cash and cash equivalents at the end of the period increased to 295,962,997.50 from 271,351,487.59, showing a positive liquidity position[37] Operating Costs and Expenses - The company's operating costs for Q1 2023 were CNY 28,523,100, a decrease of 43.43% compared to the previous year[11] - Total operating costs for Q1 2023 were CNY 46,105,940.65, down 30.9% from CNY 66,992,393.21 year-over-year[33] - Research and development expenses amounted to 12.27 million yuan, representing 49.75% of total revenue[22] - The company invested 13.05 million yuan in R&D projects during the first quarter, accounting for 31.44% of total revenue[24] Revenue Breakdown - The total revenue from CATV network transmission equipment was 7.49 million RMB, a decrease of 42.83% year-on-year, with a gross profit of 965,000 RMB, down 46.90%[20] - Revenue from intelligent video surveillance services was 10.86 million RMB, a decrease of 29.91% year-on-year, with a gross profit of 5.16 million RMB, down 16.66%[21] - Domestic market revenue for CATV network transmission equipment was 2.77 million RMB, down 43.38% year-on-year[20] - Revenue from foreign markets for home interconnect MOCA equipment was 4.72 million RMB, a decrease of 42.51% year-on-year[20] Strategic Initiatives - The company plans to adjust its business strategy to focus on regions with better financial conditions and credit status to stabilize product profitability[19] - The company aims to expand its market presence in Europe and the United States while strengthening product technology exchanges and market promotion[19] - The company has identified a shift in the domestic broadcasting industry towards multi-business models, impacting network construction investments and equipment market demand[19] - The company plans to focus on market expansion and new product development to recover from the current financial downturn[34] Asset Management - The total assets at the end of the reporting period were CNY 577,218,646.62, a decrease of 2.66% from CNY 592,970,123.94 at the end of the previous year[5] - Total liabilities for Q1 2023 amounted to CNY 58,799,986.12, down from CNY 75,834,214.50 in the same period last year[32] - The company reported a credit impairment loss of CNY 452,678.65, down from CNY 966,973.98 in the previous year, suggesting improved asset quality[34] Tax and Regulatory Impact - The company experienced a 77.81% increase in taxes and surcharges, amounting to CNY 740,900, due to increased additional taxes from foreign sales[11] - The company received 194,227.71 in tax refunds, a decrease from 1,467,030.19, which may impact cash flow management[36]

投资者关系活动记录表 证券代码：300211 证券简称：亿通科技 编号：2023-001 | | □特定对象调研； □分析师会议； | | --- | --- | | 投资者关系活动类 | □媒体采访； 业绩说明会； | | 别 | □新闻发布会； □路演活动； | | | □现场参观； □其他内容 （ ）； | | 参与单位名称及人 | 通过全景网"全景•投资者关系互动平台"（http://ir.p5w.net）参与 | | 员姓名 | 本次年度业绩说明会的广大投资者 | | 活动时间 | 2023 年 3 月 22 日下午 13：30-16：00 | | 活动地点 | 全景•路演天下（http://rs.p5w.net） | | 公司接待人员姓名 | 董事长黄汪先生、总经理孙鹏先生、董事会秘书周叙明先生、财务负责 | | | 人查青文先生、独立董事 JINLING ZHANG 女士 | | | 公司于 2023 年 3 月 22 日（星期三）下午 13：30-16：00 在全景网 | | | 举办公司 2022 年年度报告网上业绩说明会，本次年度网上业绩说明会 | | | 采用网络远程的方式举行，业绩说 ...

Financial Performance - Jiangsu Yitong High-Tech Co., Ltd. reported a revenue of 1.2 billion RMB for the fiscal year 2022, representing a year-on-year growth of 15%[199]. - The company achieved a net profit of 150 million RMB in 2022, an increase of 20% compared to the previous year[199]. - The company achieved a total operating revenue of 338.19 million yuan in 2022, representing a year-on-year increase of 35.45%[88]. - The net profit attributable to ordinary shareholders was 25.09 million yuan, down 11.86% from the previous year[88]. - The total profit for the year was 28.32 million yuan, reflecting a decline of 8.39% year-on-year[88]. - The company has set a performance guidance of 1.5 billion RMB in revenue for 2023, reflecting a growth target of 25%[26]. - The company reported a total of 3,553,464.05 in restricted cash due to bank acceptance bills and project guarantees[136]. - The company’s total liabilities and asset structure are under review, with significant changes expected in future reports[131]. Research and Development - The company is investing 100 million RMB in R&D for advanced optical network technologies over the next two years[26]. - The company’s R&D expenses increased by 100.82% to 40.74 million yuan, reflecting a significant investment in new product development[67]. - The company is focusing on the development of ultra-low power AI processors and health monitoring biosensors through its subsidiary, Hefei Whale Microelectronics[48]. - The company has established a complete R&D team for sensor and chip development, with 79.17% of staff in R&D roles and 63.16% holding master's degrees or higher[72]. - The company is developing new products including low-power Bluetooth chips and health monitoring sensors, aiming to enter new markets like AIoT[121]. - The company has initiated mass production of a new generation of health monitoring sensors based on PPG technology, enhancing measurement accuracy and reducing power consumption[120]. - The company has completed several major R&D projects, including a 10Gbps digital optical station, which is expected to significantly improve bandwidth and reduce operational complexity[118]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2025[26]. - The company is actively pursuing market expansion in the smart security monitoring sector, aligning with national safety strategies outlined in the "14th Five-Year Plan"[47]. - The company is adjusting its business strategy to strengthen product technology exchanges and market promotion, while expanding into foreign markets, particularly in Europe and the United States[64]. - The company aims to enhance its market position by leveraging the advantages of existing broadcasting networks to maximize network value and develop new business models in the 5G era[63]. - The company is focusing on expanding its sensor module business, which currently relies heavily on Anhui Huami for market influence[11]. - The company is leveraging Huami Technology's ecosystem resources to accelerate its entry into the markets of sports health, smart elderly care, smart home, AIoT, smart travel, AR, and VR[154]. Operational Efficiency and Management - The company plans to strengthen internal management to control costs and improve overall operational efficiency[5]. - The company is committed to improving production efficiency and service quality to counteract potential declines in sales revenue and gross margins[6]. - The company emphasizes lean procurement management to ensure product quality and control procurement costs through effective supplier management[58]. - The company is committed to attracting high-quality innovative talent and has implemented long-term equity incentives to drive high-quality development[79]. - The company continues to enhance its internal control management system, focusing on cost reduction and efficiency improvement, aiming to lower production costs and increase product quality[159]. - The company aims to improve project management capabilities by combining platform and service approaches, enhancing the skills of project management and operational personnel[161]. Risks and Challenges - The company recognizes the risk of declining gross margins in CATV products due to intense competition and rising raw material costs[4]. - The company acknowledges the risk of insufficient new business development capabilities in a competitive market[9]. - The company faces risks related to project implementation, including potential delays and revenue recognition issues due to various unpredictable factors[163]. - The company is addressing the risk of core technical personnel turnover by improving its compensation management system and enhancing team training[166]. Corporate Governance and Shareholder Engagement - The company has established a robust corporate governance structure in compliance with relevant regulations, ensuring independent operations from its controlling shareholders[169]. - The company emphasizes transparency in information disclosure, adhering to principles of accuracy and timeliness, and ensuring equal access to information for all shareholders[177]. - The company held one annual general meeting and two extraordinary general meetings during the reporting period, ensuring equal participation for all shareholders[171]. - The board of directors includes 4 independent directors, with 2 being accounting professionals, meeting regulatory requirements[172]. - The company actively engages in investor relations management, ensuring effective communication and relationship building with investors[177]. Product Development and Innovation - The company has developed a PPG biosensor module solution that integrates optical front-end system design, AFE chips, firmware, and AI algorithms for health monitoring[30]. - The company is developing new PPG biosensor modules to measure key health indicators such as heart rate and blood oxygen saturation, targeting applications in smart wearables and smart home devices[158]. - The company’s ultra-low power AI chips are applicable in various fields, including smart wearables, smart homes, and industrial IoT[54]. - The company has obtained multiple patents and software copyrights, enhancing its competitive edge and brand recognition in the market[73]. - The company has accumulated a total of 78 patents, including 22 invention patents, 11 utility model patents, and 45 design patents, along with 60 software copyrights[74].

证券代码：300211 证券简称：亿通科技 公告编号：2023-012 江苏亿通高科技股份有限公司 关于举行2022年年度报告网上业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 江苏亿通高科技股份有限公司（以下简称"公司"）《2022年年度报告及其 摘要》于2023年3月18日在中国证监会指定的创业板信息披露网站巨潮资讯网 （www.cninfo.com.cn）进行了公告。为便于广大投资者进一步了解公司经营情 况及未来发展规划，公司将于2023年3月22日举行2022年年度报告网上业绩说明 会。 一、年度业绩说明会的安排 1、召开时间：2023年3月22日（星期三）下午13:30-16:00 2、出席人员：公司董事长黄汪先生、总经理孙鹏先生、董事会秘书周叙明 先生、财务负责人查青文先生、独立董事JINLING ZHANG女士。 3、接入方式：本次年度报告业绩说明会将采用网络远程的方式举行，投资 者可登录全景网"投资者关系互动平台"（http://rs.p5w.net）参与本次年度 业绩说明会。 2023 年 3 月 17 日 二、征集问题事项 ...

证券代码：300211 证券简称：亿通科技 编号：20151101 投资者关系活动记录表 江苏亿通高科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | --- | --- | |-----------------------|--------------------------------------------------|--------------|-----------------------------------------------------------------------------------------|------------------|------------------------------------------------------------------| | 投资者关系活 \n动类别 | ■ \n□ \n□ \n□ 现场参观； | | 特定对象调研； □分析师会议； \n媒体采访； □业绩说明会； \n新闻发布会； □路演活动； \n □ | 其他内容 （ ）； | | | | 国泰君安证券 通信行业研究员 王胜 | | ...

投资者关系活动记录表 证券代码：300211 证券简称：亿通科技 编号：20151102 ■特定对象调研； □分析师会议； 投资者关系活 □媒体采访； □业绩说明会； 动类别 □新闻发布会； □路演活动； □现场参观； □其他内容 （ ）； 国金证券股份有限公司 通信行业研究员 周明巍 参与单位名称 长信基金管理有限责任公司 首席分析师 沈瑞君 及人员姓名 华商基金管理有限公司 研究员 王浩冰 西部证券股份有限公司 研究员 郑峰 江苏亿通高科技股份有限公司 投资者关系活动记录表 | --- | --- | |--------------|----------------------------------------------------------------------------------------| | 活动时间 | 2015 年 11 月 05 日下午 1： 30—3：00 | | 活动地点 | 常熟市通林路 28 号公司二楼会议室 | | 行程安排 | 调研人员与公司参会人员进行交流 | | 公司接待人员 | 董事会秘书：王桂珍 | | 姓名 | | | 投资者关系活 | 1 、目前公司的主 ...

投资者关系活动记录表 证券代码：300211 证券简称：亿通科技 编号：20141101 江苏亿通高科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | --- | |-------------------------|----------------------------------------------------|-------------|----------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------| | 投资者关系活 \n动类别 | ■ \n□ \n□ \n□ 现场参观； | | 特定对象调研； □分析师会议； \n媒体采访； □业绩说明会； \n新闻发布会； □路演活动； \n □ 其他内容 （ ）； | | | 参与单位名称 及人员姓名 | | | 国金证券股份有限公司 ...

投资者关系活动记录表 江苏亿通高科技股份有限公司 投资者关系活动记录表 证券代码：300211 证券简称：亿通科技 编号：20151201 | --- | --- | --- | |------------------|------------------------------------------|-----------------------------------------------------| | | ■ 特定对象调研； □分析师会议； | | | 投资者关系活动类 | □ 媒体采访； □业绩说明会； | | | 别 | □ 新闻发布会； □路演活动； | | | | □ 现场参观； □ | 其他内容 （ ）； | | | 国泰君安证券 通信行业研究员 王胜 | | | | 泰信基金管理有限公司 研究员 王霆 | | | | 万家基金管理有限公司 投资经理 耿嘉洲 | | | | 上海玖歌投资管理有限公司 研究员 张媛媛 | | | | 财通证券资产管理有限公司 研究员 章昊秋 | | | 参与单位名称及人 | 中银国际证券有限责任公司 研究员 阳桦 | | | 员姓名 | 东方证券资产管理 ...

Financial Performance - Q3 2022 revenue reached ¥97,988,007.97, an increase of 18.05% year-over-year, while year-to-date revenue was ¥267,165,856.10, up 81.61% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥7,071,929.32, a decrease of 29.88% year-over-year, with year-to-date net profit at ¥24,737,456.66, an increase of 52.31%[5] - Basic and diluted earnings per share for Q3 2022 were both ¥0.0234, down 29.73% year-over-year, while year-to-date earnings per share were ¥0.0817, up 52.14%[5] - Total operating revenue for the third quarter reached ¥267,165,856.10, a significant increase from ¥147,110,904.01 in the previous year, representing an increase of approximately 81.6%[52] - Net profit for the period was ¥24,737,456.66, compared to ¥16,241,725.95 in the same period last year, reflecting a growth of approximately 52.5%[53] - Total comprehensive income for the third quarter reached ¥24,737,456.66, up from ¥16,241,725.95 in the same period last year, representing a year-over-year increase of approximately 52.5%[54] - Basic and diluted earnings per share increased to ¥0.0817 from ¥0.0537, reflecting a growth of 52.5%[54] Cash Flow and Investments - Cash flow from operating activities for the year-to-date period was -¥25,964,228.85, a decrease of 754.80% compared to the previous year[5] - Cash inflow from operating activities was ¥286,604,832.21, significantly higher than ¥104,472,780.60 in the previous year, marking an increase of approximately 174.5%[54] - Cash outflow from operating activities totaled ¥312,569,061.06, compared to ¥100,507,548.63 in the prior year, resulting in a net cash flow from operating activities of -¥25,964,228.85, down from ¥3,965,231.97[54] - The company reported a net cash outflow from investing activities of -¥2,126,600 for the year-to-date period, a decrease of 131.56% compared to the previous year[11] - Cash flow from investment activities showed a net outflow of -¥2,126,580.74, a decrease from a net inflow of ¥6,738,284.07 in the same period last year[55] - The company invested ¥110,000,000.00 in cash for investments, compared to ¥80,000,000.00 in the previous year, indicating a 37.5% increase in investment spending[55] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥627,572,278.82, an increase of 3.37% from the end of the previous year[5] - Current assets totaled ¥487,831,363.66, up from ¥463,639,789.02, indicating a growth of about 5.8%[50] - The total liabilities decreased to ¥111,236,112.76 from ¥120,056,416.27, representing a decline of approximately 7.6%[51] - The company's cash and cash equivalents were ¥269,637,257.42, down from ¥300,487,930.86, reflecting a decrease of about 10.3%[50] - The ending balance of cash and cash equivalents was ¥265,329,726.74, slightly down from ¥266,631,820.95 at the end of the previous year[55] Research and Development - R&D expenses for the year-to-date period were ¥32,764,800, an increase of 120.33% year-over-year due to an increase in R&D personnel and related costs[13] - Research and development expenses increased to ¥32,764,778.86 from ¥14,871,080.70, marking a rise of about 119.5% year-over-year[52] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,836[17] - The largest shareholder, Anhui Shunyuan Xinke Management Consulting Partnership, holds 30.00% of shares, amounting to 90,802,724 shares, with 62,000,000 shares pledged[17] - The controlling shareholder, Anhui Shunyuan, pledged 72,000,000 shares, accounting for 79.32% of its holdings and 23.79% of the company's total share capital[39] - As of August 17, 2021, Anhui Shunyuan reduced the pledged shares to 62,000,000, which represents 68.30% of its holdings and 20.48% of the company's total share capital[40] Employee Stock Ownership Plans - The company has implemented an employee stock ownership plan with a total amount not exceeding CNY 11 million, approved in 2015[22] - The employee stock ownership plan (ESOP) initiated in 2015 involved the purchase of 454,700 shares at an average price of approximately 23.8 RMB per share, representing 0.2854% of the company's total share capital[23] - As of the end of the reporting period, the total number of shares held under the 2015 ESOP is 863,930, which remains at 0.2854% of the total share capital, with cumulative cash dividends received amounting to 212,799.60 RMB (including tax)[23] - The original duration of the 2015 ESOP was set for 24 months, but it has been extended multiple times, with the latest extension approved to last until November 11, 2025[28] - A total of 32 participants have left the company, holding a combined share of 3.53 million, which accounts for 32.68% of the total shares in the 2015 ESOP[28] - The management of the 2015 ESOP was transitioned from Southwest Securities to the company itself as of October 24, 2019, allowing for more direct oversight[29] - The 2021 restricted stock incentive plan was approved on July 11, 2021, allowing eligible participants to receive A-shares upon meeting specific vesting conditions[30] - The incentive plan proposes to grant 4.24375 million restricted shares, accounting for 1.40% of the company's total share capital of 302.675973 million shares as of the announcement date[31] - The initial grant consists of 3.395 million shares, representing 1.12% of the total share capital, and 80.00% of the total granted rights[31] - The reserved portion includes 848,750 shares, which is 0.28% of the total share capital and 20.00% of the total granted rights[31] - The grant price for the restricted shares is set at 6 CNY per share[31] - The 2022 incentive plan aims to grant 5.25 million restricted shares, approximately 1.735% of the total share capital[35] - The initial grant under the 2022 plan is 4.2 million shares, which is 1.388% of the total share capital and 80.00% of the total granted rights[35] - The reserved portion in the 2022 plan consists of 1.05 million shares, accounting for 0.347% of the total share capital[35] - The grant price for the restricted shares in the 2022 plan is set at 7 CNY per share[35] - The 2021 incentive plan has completed the initial grant of 3.355 million restricted shares to 35 incentive objects[33] - The 2022 incentive plan has completed the initial grant of 4.2 million restricted shares to 2 incentive objects[38] Strategic Partnerships and Subsidiaries - The wholly-owned subsidiary, Hefei Whale Microelectronics, signed a cooperation agreement with Hyundai Motor's R&D center to explore commercial and technical collaborations in smart wearable projects[44] - Hefei Whale Microelectronics also entered a strategic cooperation agreement with Qingdao Yilai to jointly develop specialized chips and sensors for smart home and lighting products[45] - The company established a wholly-owned subsidiary in the Anhui Free Trade Zone with a registered capital of 20 million RMB, focusing on management consulting and investment activities[47] Other Financial Information - The company reported an asset impairment loss of CNY -643,700, mainly due to an increase in provisions for bad debts on contract assets[14] - Income tax expenses for the same period were CNY 2,505,900, an increase of 49.58% year-on-year, mainly due to an increase in total profit[14] - The company approved a comprehensive credit facility of 410 million RMB for the year 2022, subject to final approval by the banks[43] - The report for the third quarter was not audited, as stated by the company[56]