1 证券代码：300303 证券简称：聚飞光电 深圳市聚飞光电股份有限公司投资者关系活动记录表 编号：2021-006 | --- | --- | --- | |-----------------------------|-------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动 \n类别 ...

证券代码：300303 证券简称：聚飞光电 深圳市聚飞光电股份有限公司投资者关系活动记录表 编号：2021-008 | --- | --- | --- | |-----------------------------|----------------------------------------------------------|-------------------------------------------------------------| | 投资者关系活动 \n类别 | 特定对象调研 \n□媒体采访 \n□新闻发布会 \n□现场参观 | □分析师会议 \n□业绩说明会 \n□路演活动 \n□其他： | | 时间 | 2021 年 9 月 16 日 | | | 方式 | 公司会议室 | | | | 信达证券股份有限公司 | 王明路 | | | 平安基金管理有限公司 | 张乔波 | | 参与单位名称及 | 金信基金管理有限公司 | 蔡宇飞 | | 人员姓名 | 中融基金管理有限公司 | 魏征 | | | 深圳尊道投资 | 雷周 | | 时间 | 2021 年 9 月 18 日 | | | | ...

1 证券代码：300303 证券简称：聚飞光电 深圳市聚飞光电股份有限公司投资者关系活动记录表 编号：2021-007 | --- | --- | --- | |-----------------------|--------------------------------------------------------------------|----------------------------------------------------------| | 投资者关系活动 \n类别 | 特定对象调研 \n□媒体采访 \n□新闻发布会 \n□现场参观 □其他： | □分析师会议 \n□业绩说明会 \n□路演活动 | | 时间 | 2021 年 9 月 9 日 | | | 方式 | 公司会议室 | | | | 国泰君安证券股份有限公司 | 邓佳 | | | 国泰君安证券股份有限公司 | 刘堃 | | | 西部利得基金管理有限公司 | 邢毅哲 | | | 创金合信基金管理有限公司 | 郭镇岳 | | 参与单位名称及 | | | | | 深圳山石基金管理有限公司 | 袁航 | | 人员姓名 | | | | ...

Group 1: Company Performance - The company's Q3 2021 performance showed a year-on-year decline, primarily due to the pandemic's impact, which delayed some product demand from Q1 and Q2 to Q3 and Q4 [1] - The overall economic environment has weakened consumer demand in the electronics market, affecting the peak season performance [1] Group 2: Mini LED Product Development - The company has been supplying Mini LED products in bulk since last year, with significant demand expected in the upcoming year due to the broad application market [2] - Mini LED products are available in various technical solutions, including COG, COB, and POB, tailored to customer needs [2] - The company maintains a competitive edge in Mini LED packaging by leveraging long-term relationships with existing customers and focusing on technological innovation [2] Group 3: Automotive LED Applications - The company's automotive LED products are used in various applications, including vehicle electronics, dashboards, interior lighting, and navigation screens, with a growing market presence [3] - Currently, revenue from automotive backlight products is higher than that from lighting products [3] - The company has entered the supply chains of major automotive manufacturers, including GAC, BYD, and Changan [3] Group 4: Future Investments - The company plans to increase investments in traditional backlight and lighting products, as well as in new products like automotive LEDs, Mini, Micro, and invisible light technologies [3]

Group 1: Company Performance - The company's Q3 2021 performance showed a year-on-year decline due to the pandemic's impact, with demand for some products delayed from Q1 and Q2 to Q3 and Q4 [2] - The overall economic environment has weakened the consumer electronics market, leading to less than expected performance during the peak season [2] Group 2: Product Development - The company plans to expand production capacity for its LED lighting products [3] - Mini LED products are primarily used in televisions, monitors, and automotive applications, with a growing acceptance in the market [3][4] - The company is focusing on high-end lighting markets despite increased competition in the Mini LED sector [4] Group 3: Supply Chain and Material Costs - Rising prices of raw materials due to international capital pursuits are expected to negatively impact production, but resources will prioritize leading enterprises [3] - The company is implementing strategies such as advance payments to secure supply chain stability [3] Group 4: Future Investments - The company is increasing investments in various new products, including automotive LEDs, Mini, Micro, and invisible light technologies [5] - The invisible light business has made significant progress, gaining recognition from leading brands in the smart wearable sector [5] Group 5: Optical Film Business - The optical film business has achieved breakthroughs and is expanding cooperation with existing customers, particularly in high-end product launches [4] - The optical film products utilize copper roller imprinting technology and are applicable in various display screens [4]

Group 1: Financial Performance - The company's overall sales structure has changed due to significant pressure on the consumer electronics market, leading to a decline in performance in Q3 2022 [1] - The comprehensive gross margin decreased by 1 percentage point due to a significant drop in product sales volume [2] Group 2: Mini LED Business - The Mini LED market is becoming increasingly competitive, with many companies actively expanding production; however, the company maintains a strong position due to long-term relationships with customers and a focus on technological innovation [2] - The company's Mini LED products are primarily used in televisions, gaming, laptops, displays, and automotive electronics, with monthly shipment volumes increasing [2] - The current penetration rate of Mini LED products is low, indicating a growing market capacity in the future [2] Group 3: Automotive LED Products - The company's automotive backlight products face higher technical challenges compared to consumer electronics, requiring stringent reliability testing due to extreme conditions [2] - The competitive landscape for automotive LED products is favorable, as the company is the only mainland brand in the global supply chain, with competitors mainly being overseas brands [3] Group 4: Expansion Plans - The company is steadily expanding production based on customer demand, with healthy cash flow and sufficient funds; the second phase of the Huizhou subsidiary's construction is expected to be completed by mid-2023 [3] - The production capacity of the Huizhou subsidiary is planned to be five times that of the Shenzhen facility, with new production lines for Mini LED and automotive products being established [3] Group 5: Future Growth Points - The main profit growth points for 2023 will come from the rapid development of new businesses, including Mini LED products, automotive LED products, and invisible light technologies [3] - The shift of fundraising projects to Shenzhen is due to the rich technical resources and better talent attraction for R&D [3]

深圳市聚飞光电股份有限公司 2022 年第三季度报告 证券代码：300303 债券代码：123050 证券简称：聚飞光电 债券简称：聚飞转债 公告编号：2022-050 深圳市聚飞光电股份有限公司 2022 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息 的真实、准确、完整。 3.第三季度报告是否经过审计 □是 否 1 深圳市聚飞光电股份有限公司 2022 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|--------- ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,071,625,382.01, a decrease of 5.98% compared to CNY 1,139,763,262.04 in the same period last year[27]. - Net profit attributable to shareholders was CNY 111,546,546.92, down 10.23% from CNY 124,256,553.99 year-on-year[27]. - The net cash flow from operating activities was CNY 275,775,917.10, representing a significant decline of 44.91% compared to CNY 500,603,160.47 in the previous year[27]. - Basic earnings per share decreased by 20.00% to CNY 0.08 from CNY 0.1 in the same period last year[27]. - Total assets at the end of the reporting period were CNY 5,013,671,948.53, an increase of 1.17% from CNY 4,955,629,997.43 at the end of the previous year[27]. - Net assets attributable to shareholders increased by 2.25% to CNY 2,956,531,011.30 from CNY 2,891,400,865.80 at the end of the previous year[27]. - The company reported a slight decline in product sales revenue compared to the previous year due to the ongoing global pandemic and changing political and economic environments[38]. - Revenue for the reporting period was ¥1,071,625,382.01, a decrease of 5.98% compared to ¥1,139,763,262.04 in the same period last year[69]. - Operating costs decreased by 5.01% to ¥808,444,442.68 from ¥851,100,059.06 year-on-year[69]. - Research and development expenses were ¥63,554,082.04, down 2.46% from ¥65,155,380.71 in the previous year[69]. - Investment income increased by 94.83% to ¥17,352,166.30 from ¥8,906,281.04 in the previous year[69]. - The gross margin for the LED industry was 25.49%, a decrease of 0.56% compared to the previous year[72]. Business Strategy and Market Position - The company specializes in the R&D, production, and sales of SMD LED products, focusing on LED packaging, with a strategy to expand into automotive LEDs, Mini/Micro LEDs, and high-end lighting[38]. - The company's Mini LED technology has matured, gaining widespread recognition from automotive and electronic terminal customers, with increasing monthly shipments[39]. - The global automotive display market is projected to reach approximately $17.7 billion in 2022, presenting significant growth opportunities for automotive LEDs[43]. - The company has solidified its leading position in the domestic backlight LED market, with a growing global market share, particularly in Mini LED and automotive LED products[44]. - The company's automotive LED business has seen significant growth, with products fully integrated into the global supply chain of major automotive manufacturers[63]. - The Mini LED product line is expanding in both consumer electronics and automotive markets, benefiting from the technology's maturity and stable supply chain[64]. - The company has established strategic partnerships with leading material suppliers, ensuring quality while maintaining cost reduction capabilities[54]. - The company aims to enhance its competitive advantage by providing customized solutions and expanding into new product applications and international markets[111]. Research and Development - R&D investments have led to the completion of key projects, including automotive multi-chip ceramic packaged LED devices and high-brightness signal light LED devices, enhancing product offerings[45][48]. - The company has implemented a digital management system across its business processes, improving internal management and operational efficiency[49]. - The company has established a standardized design platform and has participated in formulating multiple LED industry standards, contributing to technological advancements in the sector[49]. - The company aims to enhance new product development quality and cost-effectiveness through a market-oriented approach and comprehensive management systems[48]. - The company has developed multiple core technologies and patents, maintaining a leading position in the industry, but risks falling behind if it fails to innovate[107]. Financial Management and Investments - The company has generated investment income of RMB 25,111,505.44 from wealth management products, with net interest income from the raised funds account amounting to RMB 1,022,376.16[86]. - The company reported a total of RMB 7,200,000.00 in entrusted wealth management during the reporting period, with a total balance of RMB 99,200,000.00[95]. - The company has not made any changes to the investment projects of raised funds during the reporting period[93]. - The total amount of raised funds is RMB 694,486,330.79, with a total investment of RMB 21,920,930.00, accounting for 31.56% of the net raised funds[86]. - The LED product expansion project in Huizhou has a total investment commitment of RMB 54,689,750.00, with cumulative investment of RMB 19,002,930.00, representing 35.41% of the investment progress[88]. - The LED technology research and development center project in Huizhou has a total investment commitment of RMB 15,779,060.00, with cumulative investment of RMB 2,918,000.00, representing 18.49% of the investment progress[88]. Corporate Governance and Social Responsibility - The company strictly fulfills its information disclosure obligations, ensuring all shareholders receive timely and accurate information[134]. - Employee benefits include full payment of social insurance and housing fund, along with additional perks like meal subsidies and transportation[135]. - The company actively engages in social responsibility initiatives, including poverty alleviation through vocational training and job placements in impoverished areas[142]. - The company emphasizes environmental protection and energy conservation as part of its corporate mission, promoting green practices among employees[141]. - The company actively manages waste according to environmental regulations and has implemented a comprehensive energy management system[126]. - The company has reduced energy consumption by over 20% through energy-saving renovations and has generated 945,000 kWh of solar power, reducing CO2 emissions by 896 tons[126][128]. - The lighting system has fully adopted LED sources, significantly reducing energy consumption[131]. - Annual electricity savings from energy-saving renovations and monitoring platforms amount to approximately 2.4936 million kWh, leading to a reduction of about 2,366.2 tons of CO2 emissions[131]. Risks and Challenges - The company faces market risks due to competition, which may affect its ability to expand market share and improve market position[105]. - The risk of declining product sales prices due to continuous technological innovation and increased production efficiency in the LED industry[106]. - The company faces risks from rising raw material prices and supply fluctuations, which may negatively impact production operations[106]. - As the company grows, the complexity of its internal organization and management system increases, raising operational risks if management does not keep pace[108]. - The implementation of convertible bond projects faces risks from macroeconomic factors, market conditions, and management uncertainties[111]. Shareholder Information - The total number of shares decreased by 265,420, resulting in a total share count of 1,342,323,281[174]. - The company repurchased a total of 21,012,976 shares, accounting for 1.57% of the total share capital, with a total transaction amount of 113,974,776.72 yuan[178]. - The highest transaction price during the share repurchase was 6.19 yuan per share, and the lowest was 4.68 yuan per share[178]. - The total number of ordinary shareholders at the end of the reporting period was 91,646, with major shareholders holding over 5% of shares[187]. - The largest shareholder, Li Xiaodan, holds 10.67% of the shares, totaling 143,251,643 shares, with 14,169,995 shares frozen[187]. - The second-largest shareholder, Xing Meizheng, holds 8.06% of the shares, totaling 108,251,644 shares, with 26,500,000 shares pledged[187]. - The total number of shares subject to restrictions from the 2018 stock incentive plan is 2,622,400, with 40% unlocking ratio[182]. - The total number of shares held by the top 10 unrestricted shareholders includes 143,251,643 shares by Li Xiaodan and 60,600,000 shares by Shenzhen Yinuo Caida Investment Co., Ltd.[188]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[195].

Financial Performance - The company's operating revenue for 2021 was ¥2,371,349,276.39, representing a 0.86% increase compared to ¥2,351,118,040.80 in 2020[25]. - The net profit attributable to shareholders for 2021 was ¥271,651,634.53, a decrease of 10.91% from ¥304,925,533.62 in 2020[25]. - The net profit after deducting non-recurring gains and losses was ¥210,387,803.77, down 15.90% from ¥250,153,795.34 in 2020[25]. - The net cash flow from operating activities increased by 132.36% to ¥571,360,485.58 from ¥245,896,540.44 in 2020[25]. - The total assets at the end of 2021 were ¥4,955,629,997.43, a slight decrease of 0.01% from ¥4,956,154,922.36 at the end of 2020[25]. - The net assets attributable to shareholders increased by 15.93% to ¥2,891,400,865.80 from ¥2,493,999,568.63 at the end of 2020[25]. - The company reported a basic earnings per share of ¥0.21, down 12.50% from ¥0.24 in 2020[25]. - In 2021, the company achieved total revenue of 2,371.35 million CNY, a year-on-year increase of 0.86%[79]. - The net profit attributable to shareholders was 271.65 million CNY, a decrease of 10.91% compared to the previous year[79]. Market and Industry Outlook - The company anticipates a gradual recovery in the LED industry driven by the demand for smart devices and automotive displays[39]. - The company noted an increase in market competition domestically while experiencing steady growth in overseas market share[44]. - The demand for LED products is rapidly increasing across various sectors, including smartphones, tablets, laptops, TVs, and emerging markets like automotive electronics and health lighting[45]. - The Mini/Micro LED technology is becoming the mainstream solution in the new display market, with many companies launching products since 2021, indicating a growing trend towards industrialization[46]. - The company expects long-term growth in the automotive LED market driven by the dual carbon policy and increasing demand for electric vehicles[138]. - The company plans to leverage domestic policies supporting the LED industry chain, such as the "14th Five-Year Plan," to seize development opportunities[138]. Research and Development - The company is recognized as a national high-tech enterprise, with its R&D and quality control capabilities positioned at a global leading level[57]. - The company has expanded its R&D platforms and increased investment in new products and technologies, focusing on Mini/Micro LED and invisible light products[83]. - The number of R&D personnel increased by 11.72% to 410 in 2021, with R&D personnel accounting for 18.21% of the total workforce[102]. - The company's R&D investment in 2021 amounted to ¥130,430,691.44, representing 5.50% of operating revenue, an increase from 4.87% in 2020[108]. Corporate Governance - The company held one annual general meeting during the reporting period, with a participation rate of 22.99%[159]. - The board of directors consists of 5 members, including 2 independent directors, complying with legal and regulatory requirements[161]. - The company has established a performance evaluation system linking the performance of directors, supervisors, and senior management to their compensation[166]. - The company has implemented strict information disclosure management to ensure timely and accurate communication with investors[167]. - The company has established four specialized committees under the board of directors to enhance governance and decision-making[163]. Risk Management - The company faces market risks, including a decline in product sales prices and fluctuations in raw material costs[5]. - The company's future development outlook includes addressing risks associated with market fluctuations and raw material prices[5]. - The company is committed to optimizing supply chain resources to mitigate risks from rising raw material prices and supply fluctuations[146]. Shareholder and Management Changes - The total shares held by the chairman and general manager, Xing Meizheng, decreased from 143,251,644 to 108,251,644 due to a reduction of 35,000,000 shares for personal financial needs[175]. - The vice chairman and deputy general manager, Gao Siqing, reduced his holdings from 3,220,000 to 2,419,500 shares, selling 800,500 shares for personal financial needs[175]. - The company has appointed new independent directors, including Zhang Lixia and Chai Guangyue, as part of its governance structure[178]. - The company’s management team has a diverse professional background, with members holding degrees in engineering, finance, and law[179]. Social Responsibility - The company actively engages in social responsibility initiatives, contributing to environmental protection and social harmony[169].

Financial Performance - The company's revenue for Q1 2022 was ¥507,507,457.98, a decrease of 7.82% compared to ¥550,586,923.46 in the same period last year[4] - Net profit attributable to shareholders was ¥52,385,783.67, down 6.29% from ¥55,900,251.04 year-on-year[4] - Total operating revenue for the first quarter was ¥507,507,457.98, a decrease of 7.8% from ¥550,586,923.46 in the previous period[28] - Net profit for the quarter was ¥54,376,306.20, a decline of 4.0% compared to ¥57,095,056.16 in the same period last year[31] Cash Flow - The net cash flow from operating activities was ¥90,569,556.51, reflecting an 8.10% decrease from ¥98,556,010.62 in the previous year[4] - The net cash flow from investing activities was -¥10,764,358.34, a 34.65% improvement compared to -¥16,470,930.45 in the previous year[12] - The net cash flow from operating activities was $90,569,556.51, a decrease of 8.1% compared to the previous period's $98,556,010.62[35] - The net cash flow from financing activities was -$48,774,302.18, an improvement from -$78,392,520.77 in the previous period[38] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,932,168,006.63, a slight decrease of 0.47% from ¥4,955,629,997.43 at the end of the previous year[4] - Total liabilities decreased to ¥2,016,988,327.24, down 1.5% from ¥2,047,585,380.68[27] - The equity attributable to shareholders of the parent company increased slightly to ¥2,896,545,405.91 from ¥2,891,400,865.80[27] Shareholder Information - The number of shares held by the top 10 unrestricted shareholders includes 143,251,643 shares held by Li Xiaodan, representing a significant portion of the total[16] - The top shareholder, Li Xiaodan, holds 143,251,643 shares, which is a substantial stake in the company[16] - The company has implemented a lock-up period for executives, with 100% of shares locked for 6 months post-departure[17] - The company is actively managing its restricted shares, with a systematic release plan based on tenure and performance[20] Expenses - Sales expenses decreased by 33.97% to ¥10,036,446.07, mainly due to the reclassification of transportation costs into operating costs[8] - Investment income decreased by 32.87% to ¥434,208.97, attributed to reduced returns from financial products[8] - The company experienced a significant reduction in income tax expenses by 83.75% to ¥1,366,258.12, due to new tax deduction policies[11] - Research and development expenses increased to ¥30,728,216.55, up 8.5% from ¥28,444,428.00 in the previous year[31] Accounts Receivable - Accounts receivable decreased to ¥796,311,652.43 from ¥885,012,114.98[21] - The company reported a decrease in accounts receivable from the previous period, indicating potential challenges in collections[21] - The company reported a decrease in accounts receivable financing and other receivables, indicating improved cash flow management[24] Cash and Cash Equivalents - The total cash and cash equivalents at the end of Q1 2022 amounted to ¥1,015,838,892.48, an increase from ¥924,111,240.41 at the beginning of the year[21] - The ending cash and cash equivalents balance was $239,586,598.80, compared to $264,642,946.48 at the end of the previous period, a decrease of 9.5%[38] Future Outlook - The company is focusing on market expansion and new product development to drive future growth[30]