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 ...

Group 1: Company Operations and Strategic Direction - The company has terminated its major asset restructuring due to delays in obtaining necessary documentation and disagreements on key transaction terms, committing not to pursue major asset restructuring for three months [2] - Future acquisitions will focus on companies related to the main business and aim for synergistic development within the industry chain [3] - The company plans to leverage its capital platform for external growth, optimizing product structure and enhancing competitive capabilities [3] Group 2: Financial Performance and Business Model - In the first nine months of 2014, revenue from next-generation cable television network equipment reached 76.67 million yuan, accounting for 47.16% of the main business, with a year-on-year growth of 16.01% [3] - Video surveillance business revenue is approximately 30% of the main business, with ongoing promotion of government service purchase models [4] - The company experienced a decline in cash flow in the first three quarters of 2014 due to long payment cycles and project-based payment structures [5] Group 3: Market Challenges and Product Development - The overall gross margin has slightly decreased due to intensified market competition and price reductions in traditional coaxial cable network equipment [5] - The company is focusing on R&D for next-generation cable television network equipment and enhancing product functionality to meet market demands [4] - Future business development will align with the national strategy of three-network convergence, transitioning to high-bandwidth data networks and diversified media transmission [5]

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]

Financial Performance - The company's revenue for the reporting period reached ¥169,177,848.13, representing a 163.92% increase compared to ¥64,102,493.17 in the same period last year[35]. - Net profit attributable to shareholders was ¥17,665,527.34, up 186.96% from ¥6,156,029.24 year-on-year[35]. - The net cash flow from operating activities improved to ¥2,399,404.18, a significant increase of 225.17% compared to a negative cash flow of ¥1,916,956.76 in the previous year[35]. - Basic earnings per share rose to ¥0.0584, reflecting a 187.68% increase from ¥0.0203 in the same period last year[35]. - Total assets at the end of the reporting period were ¥666,124,765.58, marking a 9.72% increase from ¥607,114,378.19 at the end of the previous year[35]. - The company achieved total operating revenue of 169.18 million yuan, a year-on-year increase of 163.92%[56]. - The net profit attributable to ordinary shareholders was 17.67 million yuan, reflecting a growth of 186.96% compared to the previous year[56]. - The revenue from sensor modules reached 120.36 million yuan, accounting for 71.52% of the main business income, with a year-on-year increase of 544.86%[57]. - The revenue from data communication network equipment was 21.07 million yuan, representing a growth of 70.93% year-on-year[61]. Research and Development - The company is investing heavily in R&D, with a budget allocation of 200 million yuan for the development of new technologies and products in the upcoming year[29]. - In the first half of 2022, the company invested CNY 22.32 million in R&D, accounting for 13.20% of its revenue, which was CNY 169.18 million, compared to 10.38% in the same period of 2021[65]. - The company has obtained 79 patents, including 22 invention patents, and 60 software copyrights, enhancing its competitive edge and brand recognition[81]. - The company is focusing on developing ultra-low power AI processing chips and health monitoring biosensors for applications in smart health, smart homes, and IoT[88]. - The company is committed to exploring new technologies and applications in various fields to ensure sustainable development[11]. Market Strategy and Expansion - The company aims to accelerate new product development and technology reserves to enhance market share in response to industry trends and market demands[10]. - Jiangsu Yitong is focusing on market expansion, targeting a 20% increase in market share within the next two years[29]. - The company is focusing on expanding into international markets, particularly in Europe and the United States, to stabilize and grow foreign business[54]. - The company will adjust its market sales strategy based on customer network construction needs to maintain market competitiveness[5]. - The company is actively promoting intelligent video surveillance engineering services, leveraging its advantages in the broadcasting network[87]. Operational Efficiency - The company has reported an improvement in operational efficiency, with a reduction in production costs by 10% due to optimized supply chain management[29]. - The company emphasizes lean procurement management to ensure product quality while controlling costs through effective supplier management[48]. - The company is focused on improving production efficiency and product quality to control costs and maintain competitive pricing[5]. - The company’s procurement strategy combines customer orders with safety stock management to minimize raw material inventory, ensuring timely delivery to clients[48]. Risks and Challenges - The company recognizes the risk of declining gross margins in CATV products due to intense competition and rising material costs[4]. - The company is heavily reliant on Anhui Huami for its sensor module business, which poses a risk if new customer acquisition does not occur[11]. - The company is facing challenges in expanding new business capabilities amid fierce competition in the broadcasting industry[10]. - The company reported a risk of declining gross margins for CATV products and potential bad debts from accounts receivable[124]. - The company faces risks related to the loss of key technical personnel, which could impact its innovation capabilities[127]. Corporate Governance and Shareholder Engagement - The company held its first temporary shareholders' meeting on February 16, 2022, with an investor participation rate of 32.81%[131]. - The annual shareholders' meeting on April 18, 2022, also saw a participation rate of 32.80%[131]. - The company emphasizes compliance with laws and regulations to protect the rights of shareholders and creditors, particularly small investors[150]. - The company maintains a robust financial position with no instances of fund occupation by major shareholders or related parties, ensuring the safety of assets[151]. - The company has not reported any significant impacts on financial metrics such as earnings per share or net asset value per share due to share changes[196]. Sustainability and Social Responsibility - The company is committed to sustainability, with plans to reduce carbon emissions by 15% over the next three years through energy-efficient technologies[29]. - Environmental protection is a key focus, with initiatives aimed at reducing emissions and promoting clean production[152]. - The company actively participates in social responsibility initiatives, including pandemic prevention efforts, contributing to community health[153].

Financial Performance - The company's revenue for Q1 2022 was ¥70,477,597.78, representing a 167.84% increase compared to ¥26,313,159.34 in the same period last year[3] - Net profit attributable to shareholders for Q1 2022 was ¥7,465,080.70, up 145.45% from ¥3,041,359.66 year-on-year[3] - Basic earnings per share for Q1 2022 were ¥0.0247, an increase of 147.00% from ¥0.0100 in the same period last year[3] - The total operating revenue was ¥70,477,597.78, a significant increase from ¥26,313,159.34 in the same period last year, representing a growth of approximately 167%[31] - Operating profit for Q1 2022 reached CNY 8,491,583.43, compared to CNY 3,481,941.51 in the same period last year, indicating an increase of about 143.5%[32] - The total profit for Q1 2022 was CNY 8,733,520.30, compared to CNY 3,486,941.51 in Q1 2021, marking an increase of approximately 150.1%[32] Cash Flow and Liquidity - The net cash flow from operating activities was -¥26,306,911.14, a decrease of 1,022.03% compared to -¥2,344,575.83 in the previous year[9] - The company's operating cash flow was negative at RMB -26.31 million, a decrease of 1022.03% compared to the previous year[20] - Cash flow from operating activities showed a net outflow of CNY -26,306,911.14 in Q1 2022, compared to CNY -2,344,575.83 in Q1 2021, indicating a worsening cash flow situation[36] - The company's cash and cash equivalents decreased to ¥224,063,838.98 from ¥300,487,930.86 at the beginning of the year, a decline of approximately 25.4%[27] - Total cash and cash equivalents at the end of Q1 2022 were CNY 271,351,487.59, slightly down from CNY 265,030,169.42 at the end of Q1 2021[37] Research and Development - Research and development expenses for Q1 2022 reached ¥1,205.56 million, a significant increase of 652.88% compared to the previous year[11] - The company’s R&D expenses for Q1 2022 amounted to RMB 12.06 million, accounting for 17.11% of total revenue[22] - Research and development expenses surged to CNY 12,055,570.53 in Q1 2022, up from CNY 1,601,258.90 in Q1 2021, reflecting a growth of approximately 653.5%[32] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥596,251,828.26, a decrease of 1.79% from ¥607,114,378.19 at the end of the previous year[3] - The total assets as of March 31, 2022, were ¥596,251,828.26, down from ¥607,114,378.19 at the beginning of the year, a decrease of approximately 1.4%[28] - The total liabilities decreased to ¥99,080,291.20 from ¥120,056,416.27, a reduction of about 17.5%[29] - The company's retained earnings increased to ¥126,512,180.52 from ¥119,047,099.82, showing a growth of approximately 6.1%[29] Market and Business Development - The company is actively expanding its domestic and international markets while focusing on the development of new technologies and products[21] - The company completed the initial grant of 220,000 restricted stocks under the 2021 incentive plan, with 618,750 shares reserved for future grants[23] - The company established a wholly-owned subsidiary, Whalemicro Hong Kong Limited, with a registered capital of $5 million[25] Government Support and Taxation - The company reported a total of ¥3,932,166.09 in government subsidies recognized during the quarter, which is closely related to its normal business operations[5] - The company received tax refunds amounting to CNY 1,467,030.19 in Q1 2022, compared to CNY 195,006.91 in Q1 2021, indicating improved tax recovery[36]

Financial Performance - The company's operating revenue for 2021 reached ¥249,680,938.90, representing a 206.83% increase compared to ¥81,373,967.58 in 2020[25]. - The net profit attributable to shareholders was ¥28,463,281.51, up 208.36% from ¥9,230,675.01 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was ¥26,220,305.97, a significant increase of 413.04% from ¥5,110,807.02 in 2020[25]. - The company's cash flow from operating activities was ¥39,322,480.48, an increase of 8.26% compared to ¥36,322,966.88 in 2020[25]. - The total assets at the end of 2021 amounted to ¥607,114,378.19, reflecting a 19.83% increase from ¥506,651,984.72 at the end of 2020[25]. - The net assets attributable to shareholders increased by 6.39% to ¥487,057,961.92 from ¥457,824,590.41 in 2020[25]. - The company reported a basic earnings per share of ¥0.0940, which is a 208.20% increase from ¥0.0305 in 2020[25]. - The weighted average return on equity rose to 6.05%, up from 1.98% in the previous year[25]. - The company achieved a total operating revenue of 249.68 million yuan, representing a year-on-year increase of 206.83%[56]. - The gross profit for the reporting period was 67.83 million yuan, an increase of 408.31% compared to the previous year[56]. - The net profit for the year was 28.46 million yuan, reflecting a growth of 208.36% year-on-year[56]. - The revenue from CATV network transmission equipment reached 53.85 million yuan, up by 39.33% from the previous year[55]. - The gross profit from CATV network transmission equipment was 8.06 million yuan, a year-on-year increase of 31.75%[55]. - The company’s subsidiary, Whale Microelectronics, generated revenue of 146.85 million yuan from sensor modules, with a gross profit of 36.96 million yuan[56]. - The company’s intelligent video surveillance project generated revenue of 45.81 million yuan, a 12.19% increase from the previous year[56]. - The revenue from sensor modules reached 146.85 million yuan, contributing significantly to the overall revenue growth[80]. - The revenue from data communication network equipment increased by 85.78% year-on-year, totaling 39.84 million yuan[78]. - The company achieved operating revenue of CNY 249.68 million, a year-on-year increase of 206.83%[82]. - Gross profit reached CNY 67.83 million, an increase of CNY 40.83 million compared to the same period last year[82]. - Net profit for the year 2021 was CNY 28.46 million, up 208.36% year-on-year[82]. - The company reported a significant increase in sales volume, with a 974.94% rise in the number of electronic devices sold compared to the previous year[93]. Research and Development - The company is focusing on the development of smart broadcasting and video monitoring solutions, aligning with national strategies for integrated media and public safety[35]. - The company aims to leverage existing broadcasting network advantages to maximize network value and support the development of new business models in the broadcasting industry[36]. - The company is committed to enhancing its core technology research and development capabilities to meet future market demands in the broadcasting industry[152]. - The company has established a research and development team for sensors and chips, aiming to develop new PPG biosensor modules for health monitoring applications[146]. - Research and development investment totaled CNY 26.19 million, accounting for 10.49% of operating revenue[83]. - The company increased its R&D personnel from 19 in 2020 to 62 in 2021, representing a growth of 226.32%[113]. - R&D expenditure reached approximately CNY 26.19 million in 2021, accounting for 10.49% of the company's revenue[113]. - The number of R&D personnel with master's degrees increased from 4 in 2020 to 25 in 2021, a growth of 525%[113]. - The company has initiated multiple R&D projects, including a low-power optical receiver and a noise control function for a 1.2GHz broadband bidirectional amplifier, aimed at improving product competitiveness[114]. - The company is developing a wearable device chip based on RISC-V architecture, expected to meet high-performance and low-power consumption needs, with potential applications in smartwatches and smart bands[112]. - The company has authorized several patents related to its new products, including a design patent for a low-frequency EoC system and a utility model patent for a temperature compensation laser device[109][110]. - The company is working on a remote management system for home interconnection products based on TR069 protocol, which offers advantages in session mechanisms and security compared to traditional methods[112]. Market Expansion and Strategy - The company plans to expand its market presence by leveraging its proprietary technologies, including AIoT and PPG biosensors, to enhance product offerings[17]. - The company is exploring potential mergers and acquisitions to bolster its market position and expand its service portfolio[17]. - The company is focusing on expanding its market share and improving production efficiency to mitigate risks associated with declining gross margins[6]. - The company is exploring new technologies and applications in emerging fields to ensure sustainable growth[9]. - The company aims to enhance its sustainable development capabilities by continuously improving its industry layout and exploring new development opportunities[64]. - The company plans to strengthen its internal control management and optimize business processes to reduce costs and improve efficiency[147]. - The company will implement comprehensive budget management to control operating costs and improve management efficiency[148]. - The company is committed to expanding its market presence and enhancing its product offerings in the smart technology sector[181]. - The company is exploring market expansion opportunities in Southeast Asia, targeting a 10% market share within the next three years[191]. - Jiangsu Yitong is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million yuan earmarked for potential mergers and acquisitions[191]. - The company plans to enhance its online sales channels, aiming for a 40% increase in e-commerce revenue by the end of 2022[191]. - Jiangsu Yitong High-Tech is exploring potential acquisitions to enhance its technology portfolio, with a budget of CNY 500 million allocated for this purpose[195]. Corporate Governance - The company has a complete production, supply, and sales system, demonstrating independent operational capabilities without interference from controlling shareholders[158]. - The company emphasizes information disclosure and investor relations management, ensuring timely and fair access to information for all shareholders[165]. - The internal control system has been developed to ensure effective risk management and operational efficiency, with an independent internal audit department in place[166]. - The company has a strategic committee, nomination committee, compensation and assessment committee, and audit committee, all contributing to informed decision-making[161]. - The company has implemented a mechanism to ensure that all board meetings are conducted in accordance with legal requirements, maintaining transparency and accountability[162]. - The company actively participates in training for supervisors to enhance their ability to fulfill their responsibilities effectively[163]. - The company maintains a balanced coordination of interests among stakeholders, including shareholders, employees, and customers, ensuring mutual benefits and sustainable development[169]. - The company has a diverse board of directors and management team, with various members holding significant shares[174]. - The company adheres to the principles of corporate governance and transparency in its operations and decision-making processes[169]. - The company has established performance evaluation and incentive mechanisms linking senior management compensation to company performance, enhancing operational efficiency[167]. Risks and Challenges - The company recognizes the risk of insufficient new business development capabilities and is committed to accelerating new product research and market expansion[9]. - The company acknowledges the risk of rising costs in labor, products, and management, which could affect sales revenue and gross margin[5]. - The company faces risks related to declining gross margins for CATV products and potential bad debts from accounts receivable[150]. - The company recognizes the risk of losing key technical personnel, which could impact its ongoing innovation capabilities[153]. - The company reported a credit impairment loss increase of 103.97%, primarily due to provisions for bad debts[107]. - The company is facing intense competition in the CATV industry, which may impact its market share and profitability[8]. Product Development and Innovation - The company is focusing on the production of broadcasting and television transmission equipment, including optical transmission devices and RF-PON products, which facilitate bidirectional transmission of television signals[45]. - The company employs a self-research model for product design and software development, with a focus on optimizing designs based on industry trends and customer needs[47]. - The procurement strategy combines customer orders with safety stock management to control raw material inventory, ensuring timely delivery to clients[48]. - The production process is primarily driven by customer orders, with a focus on meeting the specific technical standards and requirements of various broadcasting operators[49]. - The sales model relies on winning bids from provincial broadcasting operators, with a production strategy based on actual orders received[49]. - The company’s intelligent monitoring engineering services are based on public bidding, focusing on social security dynamic monitoring using its proprietary "Broadcast Video Network" technology[50]. - The wearable device chip and sensor business operates under a Fabless model, outsourcing manufacturing while focusing on design and development[51]. - The company aims to enhance the speed of new technology and product development through direct sales to module manufacturers and system integrators[51]. - The company’s product offerings include low-power IoT smart chips and PPG biosensors, targeting various applications in smart wearables and health monitoring[45]. - The intelligent monitoring projects provide comprehensive design services, including feasibility studies and operational support, to ensure stable project execution[50]. Shareholder Relations - The company held 1 annual general meeting and 4 extraordinary general meetings during the reporting period, ensuring equal participation for all shareholders[159]. - The board of directors consists of 7 members, including 4 independent directors, ensuring compliance with relevant laws and regulations[160]. - The supervisory board held 11 meetings during the reporting period, effectively overseeing the company's financial status and compliance of management[163]. - The company has a total of 19 individuals in the board and management team, with remuneration structured according to their roles and responsibilities[197]. - The total remuneration paid to the board of directors, supervisors, and senior management was 2.9668 million yuan, including payments to departing personnel[197]. - The remuneration decision process involves evaluations based on company performance, individual responsibilities, and overall contributions[196]. - The company’s remuneration strategy is designed to attract and retain talent while ensuring alignment with shareholder interests[196].