Financial Performance - The company's revenue for Q3 2021 was ¥376,575,283.28, representing a 3.99% increase year-over-year, while the year-to-date revenue reached ¥1,178,044,114.91, up 26.21% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥817,875.04, a significant decrease of 95.94% year-over-year, but the year-to-date net profit was ¥52,553,017.32, an increase of 55.62%[3] - The company reported total operating revenue of RMB 1,178,044,114.91 for the current period, compared to RMB 933,376,832.49 in the previous period, indicating significant growth[34] - The net profit for Q3 2021 was CNY 45.86 million, representing a 63% increase from CNY 28.18 million in the same period last year[36] - The total profit for Q3 2021 was CNY 55.61 million, an increase of 60% from CNY 34.69 million in Q3 2020[36] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥91,245,367.97 for the year-to-date, reflecting a decline of 333.24% compared to the previous year[3] - The net cash flow from operating activities for the first nine months of 2021 was -91,245,367.97 RMB, a decrease of 333.24% compared to -21,060,987.88 RMB in the same period of 2020, primarily due to increased procurement payments for inventory production[12] - The net cash flow from financing activities increased by 135.12% to 749,625,951.83 RMB in 2021 from 318,825,704.88 RMB in 2020, mainly due to funds raised from issuing shares to specific investors[12] - The company’s cash and cash equivalents increased by 91.12% to ¥673,281,313.00, primarily due to funds raised from a specific stock issuance[9] - The company reported a total cash and cash equivalents balance of CNY 654.18 million at the end of Q3 2021, compared to CNY 164.74 million at the end of Q3 2020[40] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥3,891,419,052.50, which is a 26.20% increase from the end of the previous year[3] - The company’s total liabilities decreased to RMB 1,484,136,625.12 from RMB 1,513,655,916.20, indicating a reduction in financial leverage[32] - The company’s equity attributable to shareholders increased to RMB 2,394,316,265.22 as of September 30, 2021, compared to RMB 1,553,864,246.08 at the end of 2020, reflecting strong retained earnings[32] - Total current assets amounted to approximately CNY 1.68 billion as of Q3 2021[43] - Total non-current assets reached approximately CNY 1.40 billion, resulting in total assets of approximately CNY 3.08 billion[44] Research and Development - The company’s R&D expenses for the first nine months of 2021 were ¥84,625,654.84, a 35.37% increase compared to the same period in 2020, indicating a focus on new technology and product development[10] - Research and development expenses increased to CNY 84.63 million in Q3 2021, up from CNY 62.52 million in Q3 2020, reflecting a growth of 35%[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,050, with no preferred shareholders having restored voting rights[14] - The largest shareholder, Chen Linsen, holds 18.40% of the shares, amounting to 47,782,590 shares, with 37,678,492 shares pledged[14] - The company has a total of 37,678,492 restricted shares held by Chen Linsen, which will be unlocked at a rate of 25% annually during his term[17] - The top ten shareholders collectively hold a significant portion of the company's shares, with the second-largest shareholder, Yu Zhangxing, owning 8.19% or 21,272,004 shares[14] - The controlling shareholder, Chen Linshen, plans to reduce his holdings by up to 3 million shares, representing 1.16% of the total share capital, within a six-month window starting September 22, 2021[29] Strategic Initiatives - The company plans to use the raised funds to increase capital in its wholly-owned subsidiary, Wei Wang Technology, and invest in the optical-grade sheet project[21] - The company approved a change in the implementation method of the optical-grade sheet project to purchasing a factory instead of leasing[22] - The company is actively pursuing strategic cooperation in optical technology fields, including TOF and AR, to enhance its market position[28] - The company has made progress in key industrialization projects, including micro-nano new material manufacturing and high-performance flexible touch screens[25] Inventory and Production - The company’s inventory at the end of Q3 2021 was ¥725,241,051.68, reflecting a 48.95% increase, attributed to expanded business scale and increased material stocking[9] - The company’s inventory rose to RMB 725,241,051.68 from RMB 486,901,688.80, indicating increased production or stockpiling[30] - The production and sales of the micro-nano new material project and the first phase of the optical guide plate project are continuously increasing[25] Other Financial Metrics - The weighted average return on equity for the year-to-date was 2.99%, an increase of 0.77% compared to the previous year[3] - The company experienced a foreign exchange loss of -573,465.70 RMB, an improvement of 31.08% compared to -832,049.52 RMB in the previous year[12] - The company’s goodwill was approximately CNY 391.63 million, highlighting its acquisition strategy[44] - The company’s stock incentive plan is progressing smoothly, with adjustments made to the list of incentive targets and share allocations[24]

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2021, representing a year-on-year increase of 15% compared to the same period in 2020[14]. - The net profit attributable to shareholders for the first half of 2021 was RMB 200 million, an increase of 20% year-on-year[14]. - The company's operating revenue for the reporting period was ¥801,468,831.63, representing a 40.30% increase compared to ¥571,261,554.23 in the same period last year[22]. - The net profit attributable to shareholders was ¥51,735,142.28, a significant increase of 279.22% from ¥13,642,551.05 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥38,906,917.31, reflecting a 473.56% increase from ¥6,783,370.83 year-on-year[22]. - The company reported a basic earnings per share of ¥0.23, up 283.33% from ¥0.06 in the same period last year[22]. - Operating profit reached 52.65 million yuan, up 230.77% compared to the same period last year[49]. - Total profit amounted to 59.41 million yuan, reflecting a growth of 301.70% year-on-year[49]. - The company reported a net profit margin of 25% for the first half of 2021, showcasing effective cost management strategies[155]. - The total operating revenue for the first half of 2021 reached CNY 801,468,831.63, a significant increase of 40.2% compared to CNY 571,261,554.23 in the first half of 2020[193]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in sales in this region by the end of 2022[14]. - The company is actively pursuing strategic acquisitions to enhance its product offerings and market share, with a target of completing at least two acquisitions by the end of 2021[14]. - The company plans to continue expanding its market presence and enhancing its product offerings in the upcoming periods[83]. - The company is exploring potential mergers and acquisitions to enhance its market position and expand its product offerings[156]. - The company aims to break the monopoly of foreign companies in the reflective materials market by enhancing its marketing efforts and promoting environmentally friendly production processes[67]. Research and Development - Research and development expenses for the first half of 2021 amounted to RMB 150 million, accounting for 12.5% of total revenue, reflecting the company's commitment to innovation[14]. - The company has developed multiple series of lithography machines and imprinting equipment, focusing on core technology breakthroughs in micro-nano optics[31]. - Research and development investment increased by 51.93% to ¥54,559,591.69, reflecting the company's commitment to enhancing its technological capabilities[71]. - The company continues to focus on platform technology research and development, enhancing its capabilities in micro-nano manufacturing equipment[53]. - The company has maintained a strong competitive advantage in R&D, with a well-established team and a focus on original innovation in the micro-nano optical manufacturing field[56]. Product Development - The company has launched a new line of micro-nano optical products, which is expected to contribute an additional RMB 300 million in revenue by the end of 2021[14]. - The company launched new products including public safety materials, new printing materials, and flexible transparent conductive films, aligning with market demand[31]. - The company has successfully developed a "3D optical transfer paper" for customized packaging materials, enhancing its competitive position in the packaging market[66]. - The company has developed a biodegradable 3D transfer material that is gradually replacing traditional packaging materials in the consumer goods sector[45]. Financial Position and Liabilities - Total assets at the end of the reporting period were ¥3,274,718,746.67, a 6.20% increase from ¥3,083,562,965.19 at the end of the previous year[23]. - The company's total liabilities increased, reflecting its ongoing investments and expansion strategies[77]. - Cash and cash equivalents at the end of the reporting period amounted to ¥268,638,100.38, representing 8.20% of total assets, a decrease of 3.22% from the previous year[78]. - Accounts receivable increased to ¥734,534,204.90, accounting for 22.43% of total assets, reflecting a slight increase of 0.12% year-over-year due to enhanced receivables management[78]. - Inventory rose to ¥637,028,140.40, which is 19.45% of total assets, showing a significant increase of 3.66% as the company actively expanded its market presence[78]. Risks and Challenges - The company has identified potential risks related to supply chain disruptions and is implementing measures to mitigate these risks, including diversifying suppliers[4]. - The company faces macroeconomic risks due to uncertainties in global economic growth, impacting various sectors including public card, packaging, and consumer electronics[107]. - There is a significant goodwill impairment risk due to the acquisition of Huari Sheng, which could adversely affect the company's financial performance if Huari Sheng's operations deteriorate[111]. - The company is facing financial risks due to rapid debt growth and the need for substantial funding for projects like high-performance flexible touch screens and micro-nano optical guide plates, with measures in place to manage these risks[112]. Corporate Governance and Compliance - The company has not distributed cash dividends or bonus shares for the half-year period, nor has it increased capital through reserves[122]. - The company emphasizes social responsibility, adhering to laws and regulations while striving for economic and social benefits[126]. - The company has committed to avoiding substantial competition with its own subsidiaries and will cease any competing operations if necessary[129]. - The company has ensured that there are no violations regarding the use of funds from the listed company or its subsidiaries during the reporting period[129]. - The company has pledged to minimize and regulate related party transactions, adhering to fair market principles and legal requirements[130].

Financial Performance - The company reported a total revenue of RMB 226,048,841 for the year 2020, with no cash dividends or stock bonuses distributed to shareholders [4]. - The company's operating revenue for 2020 was ¥1,392,279,392.33, representing a 7.33% increase from ¥1,297,169,218.28 in 2019 [17]. - The net profit attributable to shareholders decreased by 47.65% to ¥52,817,506.16 in 2020, down from ¥100,887,607.89 in 2019 [17]. - The net profit after deducting non-recurring gains and losses was ¥9,649,500.81, a decline of 89.16% compared to ¥89,048,155.72 in 2019 [17]. - The total assets increased by 26.26% to ¥3,083,562,965.19 at the end of 2020, up from ¥2,442,238,848.09 at the end of 2019 [17]. - The company reported a basic earnings per share of ¥0.2337, down 47.64% from ¥0.4463 in 2019 [17]. - The company achieved a total operating revenue of 139,227.94 million CNY in 2020, representing a year-on-year growth of 7.33% [64]. - The net profit attributable to shareholders decreased by 47.65% to 5,281.75 million CNY compared to the previous year [64]. - The company reported a net profit available for distribution to ordinary shareholders of 52,817,506.16 in 2020, with a profit distribution ratio of 0.00% [152]. Research and Development - The company is focused on the research and development of new technologies, particularly in the field of micro-nano optics and reflective materials [10]. - The company has obtained 423 patent authorizations, including 126 invention patents, showcasing its strong R&D capabilities in the micro-nano optical manufacturing field [53]. - The R&D team has grown to include 12 PhDs and 59 Masters, contributing to the company's leadership in micro-nano optical technology [52]. - The company invested CNY 93.23 million in R&D in 2020, with 201 new patent applications filed, enhancing its intellectual property system [69][70]. - The company is actively developing new technologies such as nano waveguide optical field lenses and maskless lithography, which are expected to enhance its competitive edge in the long term [86]. Market Expansion and Strategy - The company plans to expand its market presence and enhance its product offerings through the development of customized micro-nano optical products [10]. - The company has established four major business segments, including public safety and new printing materials, consumer electronics new materials, reflective materials, and high-end intelligent equipment [28]. - The company aims to enhance its core competitiveness by promoting the industrialization of next-generation augmented reality (AR) applications and developing micro-nano 3D optical field printing systems [126]. - The company plans to expand financing channels and strengthen production capacity and R&D capabilities through stock issuance [68]. - The company is in a rapid expansion phase, with several projects, including high-performance flexible touch screens and micro-nano optical guide plates, set to gradually commence production in 2021 [130]. Product Development and Innovation - The company expanded its product offerings by developing new materials for public safety and new printing materials, including anti-counterfeiting films and 3D transfer materials [27]. - The company is focusing on continuous innovation in fields such as nano waveguide optical lenses and maskless lithography, aiming to strengthen its market position [28]. - The company’s optical materials for consumer electronics are gradually replacing traditional printed and injection-molded light guide plates, showcasing advantages such as shorter development cycles and lower mold costs [31]. - The company’s high-end micro-nano optical equipment is self-developed, providing core technical support for product development and maintenance [36]. - The company has developed an environmentally friendly 3D transfer material that is biodegradable and energy-efficient, enhancing its competitive edge in the packaging sector [43]. Financial Management and Risks - The company has identified potential risks in its future operations and has outlined corresponding mitigation strategies in its management discussion section [4]. - The company is actively managing financial risks associated with increasing debt levels and plans to utilize various financing methods to maintain a reasonable debt level [137]. - The company will implement measures to mitigate foreign exchange risks, particularly due to its export business being primarily settled in USD [138]. - The company reported that accounts receivable reached 687.84 million RMB, accounting for 40.91% of current assets and 22.31% of total assets, indicating potential cash flow risks [134]. Corporate Governance and Compliance - The company’s financial report has been verified for accuracy and completeness by its board and senior management [3]. - The company has engaged Lixin Certified Public Accountants for auditing services, with a fee of 2.3 million yuan for the year [165]. - The company has not reported any violations of commitments made by its actual controllers and shareholders during the reporting period [153]. - The company has taken steps to ensure that any related party transactions are conducted at fair market prices to protect the interests of all shareholders [155]. Environmental and Social Responsibility - The company has complied with environmental protection laws and standards, investing in RTO and other environmental equipment, which may also create new market opportunities [139]. - The company has established a wastewater treatment facility and RTO incinerator to manage environmental impacts, complying with national pollution discharge standards [192]. - The company actively fulfilled social responsibilities during the COVID-19 pandemic by donating reflective vests to charitable organizations [190].

1 苏州苏大维格科技集团股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 苏州苏大维格科技集团股份有限公司 2021 年第一季度报告全文 苏州苏大维格科技集团股份有限公司 2021 年第一季度报告 2021 年 04 月 所有董事均已出席了审议本次季报的董事会会议。 公司负责人陈林森、主管会计工作负责人朱志坚及会计机构负责人(会计主 管人员)李玲玲声明：保证季度报告中财务报表的真实、准确、完整。 2 苏州苏大维格科技集团股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 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 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 361,618,140.66 | 263,442,078.60 | 37.27% | | 归属于上市公司股东的净利润（元） | 15,028, ...

Financial Performance - Operating revenue for the reporting period was ¥362,115,278.26, reflecting a year-on-year growth of 13.52%[7] - Net profit attributable to shareholders decreased by 22.50% to ¥20,128,444.51 compared to the same period last year[7] - Basic earnings per share were ¥0.09, down 25.00% from the previous year[7] - The weighted average return on net assets was 1.32%, a decrease of 0.47% compared to the previous year[7] - Total operating revenue for Q3 2020 was CNY 362,115,278.26, an increase from CNY 318,979,454.17 in the same period last year[48] - Net profit for Q3 2020 was CNY 16,948,785.09, a decrease from CNY 27,958,520.82 in Q3 2019[50] - The net profit attributable to the parent company for the year-to-date was CNY 33,770,995.56, down from CNY 60,606,667.71 in the previous year[58] - The total comprehensive income attributable to the parent company's owners was CNY 20,128,444.51, compared to CNY 25,971,348.66 in the previous period[51] Cash Flow - The net cash flow from operating activities was -¥16,951,926.72, a significant decline of 96.48%[7] - The net cash flow from operating activities for the first nine months of 2020 was -CNY 21.1 million, a significant decline of 1002.81% compared to -CNY 1.9 million in the same period last year, mainly due to increased procurement payments[24] - Cash flow from operating activities showed a net outflow of ¥21,060,987.88, compared to a smaller outflow of ¥1,909,763.08 in Q3 2019[65] - Cash inflow from operating activities totaled ¥1,168,757,975.46, up from ¥983,557,093.04 in the previous year[65] - Net cash flow from operating activities was -CNY 97,893,037.15, worsening from -CNY 59,122,988.98 year-over-year[67] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,848,540,775.21, an increase of 16.64% compared to the previous year[7] - The company's total assets as of September 30, 2020, were CNY 1,978,861,105.62, compared to CNY 1,871,962,542.39 at the end of 2019[46] - The company's total liabilities increased to CNY 1.31 billion from CNY 917.69 million at the end of 2019[42] - The company's total liabilities rose to CNY 539,199,573.30 from CNY 410,617,399.00 in the previous year[46] - Total assets amounted to CNY 2,442,238,848.09, remaining stable compared to the previous period[74] - Total liabilities were CNY 917,689,276.17, unchanged from the previous period[74] Shareholder Information - The company reported a total of 15,514 common shareholders at the end of the reporting period[11] - The largest shareholder, Chen Linsen, holds 22.22% of the shares, with 37,678,492 shares pledged[11] - The company has implemented a strict profit distribution policy in accordance with its articles of association, ensuring the protection of minority shareholders' rights[31] Research and Development - Research and development expenses increased by 38.19% to CNY 62.5 million from CNY 45.2 million, reflecting the company's commitment to enhancing R&D investment[22] - Research and development expenses for Q3 2020 were CNY 26,606,179.66, significantly higher than CNY 11,069,799.29 in Q3 2019[49] - Research and development expenses amounted to ¥26,501,976.23, slightly down from ¥27,942,100.66 in the previous year[60] Financial Management - The company received government subsidies amounting to ¥13,438,210.21 during the reporting period[8] - The company plans to raise up to CNY 800 million through a private placement to fund the optical-grade sheet project and supplement working capital[25] - The company has invested CNY 40.2 million of the CNY 41.7 million raised from previous financing, representing 99.49% of the total[28] - The company’s short-term borrowings increased by 55.44% to CNY 699.5 million from CNY 450 million, driven by funding needs for investment projects[19] Inventory and Receivables - Inventory rose by 34.77% to CNY 490.7 million from CNY 364.1 million, attributed to increased material stocking due to business expansion[19] - Accounts receivable financing decreased by 43.86% to CNY 36.8 million from CNY 65.5 million, primarily due to reduced acceptance bill collections caused by the pandemic[19] - The company's accounts receivable increased to CNY 629.98 million from CNY 587.93 million at the end of 2019[40] Operational Changes - The micro-nano new material manufacturing project has officially commenced production, positively impacting the company's performance[27] - The company has established part of the production line for high-performance flexible touch screens and modules, which is currently in trial operation[27] Compliance and Governance - There were no significant changes in the classification of non-recurring gains and losses during the reporting period[9] - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[33][34] - The company has not undergone an audit for the third quarter report, indicating that the figures are unaudited[79] - The company is implementing new revenue and leasing standards starting in 2020, which may affect future financial reporting[78]

Financial Performance - The company reported a revenue of RMB 200 million for the first half of 2020, representing a year-on-year increase of 15% compared to the same period in 2019[13]. - The company's operating revenue for the current reporting period is ¥571,261,554.23, representing a 5.86% increase compared to ¥539,652,005.64 in the same period last year[19]. - The net profit attributable to shareholders for the current period is ¥13,642,551.05, a decrease of 60.61% from ¥34,635,319.05 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is ¥6,783,370.83, down 78.63% from ¥31,746,438.72 year-on-year[19]. - The company achieved operating revenue of 571.26 million yuan in the first half of 2020, a year-on-year increase of 5.86%[54]. - The net profit attributable to shareholders decreased by 60.61% to 13.64 million yuan compared to the same period last year[54]. - The net cash flow from operating activities is -¥4,109,061.16, a decline of 161.16% compared to ¥6,718,139.67 in the same period last year[19]. - The company reported a total of CNY 42,986,808.98 in other payables, up from CNY 32,590,029.49, reflecting an increase of approximately 31.5%[160]. - The total comprehensive income for the first half of 2020 was CNY 3,909,293.97, down from CNY 10,051,734.37 in the first half of 2019[173]. Research and Development - The company plans to invest RMB 50 million in R&D for new product development in the next fiscal year[13]. - The company has obtained 350 domestic patent authorizations, including 111 invention patents, demonstrating its strong R&D capabilities[40]. - Research and development expenses increased by 2.87% to 35.91 million yuan, reflecting ongoing innovation efforts[54]. - The company is focusing on the development of high-end intelligent equipment and micro-nano manufacturing technology to support product optimization[50]. - The company is accelerating the industrialization of advanced technologies such as AD-film, enhancing its production capacity and market competitiveness[36]. Market Strategy and Expansion - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 25% increase in market share by the end of 2021[13]. - User data indicates a 20% increase in active users of the company's products compared to the previous half-year[13]. - The company is exploring potential acquisitions in the optical materials sector to enhance its product offerings[13]. - The company aims to enhance customer stickiness by providing customized products through collaboration with clients, particularly in the public safety anti-counterfeiting sector[31]. - The company is exploring potential mergers and acquisitions to accelerate growth and market expansion[187]. Financial Position - Total assets at the end of the reporting period amount to ¥2,749,884,751.82, reflecting a 12.60% increase from ¥2,442,238,848.09 at the end of the previous year[19]. - The company's net assets attributable to shareholders decreased by 0.59% to ¥1,505,343,002.05 from ¥1,514,305,335.10 at the end of the previous year[19]. - Total liabilities rose to CNY 1,226,712,939.68 as of June 30, 2020, compared to CNY 917,689,276.17 at the end of 2019, reflecting an increase of approximately 33.7%[160]. - The company's equity attributable to shareholders decreased slightly to CNY 1,505,343,002.05 from CNY 1,514,305,335.10, a decline of approximately 0.5%[161]. - The total amount of raised funds is CNY 404.37 million, with CNY 402.28 million already invested, accounting for 99.49% of the net raised funds[71]. Operational Challenges - The company has identified risks related to supply chain disruptions and is implementing measures to mitigate these risks[4]. - The company is closely monitoring macroeconomic risks due to the impact of the COVID-19 pandemic on global markets[89]. - The company plans to adjust its operations in response to market opportunities arising from the pandemic, including remote work demands and government stimulus plans[89]. - The company has ongoing projects with significant investments, including micro-nano new materials manufacturing and high-performance flexible touch screens, which pose financial risks due to funding and credit policy changes[91]. Compliance and Governance - The company has committed to maintaining transparency in related party transactions and fulfilling disclosure obligations as per regulatory requirements[99]. - The company has pledged to minimize and standardize related party transactions during its shareholding period, adhering to market principles and fair pricing[99]. - The company has confirmed that there have been no violations of commitments made regarding related party transactions and external guarantees[98]. - The company is under no obligation to disclose reasons for any unfulfilled commitments as none are applicable[101]. - The company has established a performance compensation mechanism for shareholders in case of profit shortfalls[100]. Shareholder Information - The company did not distribute cash dividends or bonus shares for the half-year period[96]. - The company held two shareholder meetings during the reporting period, with participation rates of 35.63% and 41.32% respectively[95]. - The total number of common shareholders at the end of the reporting period is 14,577[139]. - Chen Linsen holds 22.22% of shares, with a total of 50,237,990 shares, of which 12,559,498 are under pledge and 3,529,000 are frozen[139]. Other Financial Metrics - The gross profit margin for the first half of 2020 was 30%, which is a slight decrease from 32% in the previous year[13]. - The sales revenue of reflective materials decreased by 27.82% due to insufficient market demand and export decline[47]. - The consumer electronics new materials business saw a significant growth with a revenue increase of 100.46% year-on-year[48]. - The company reported a net cash inflow from financing activities of 248.72 million yuan, a significant increase of 424.72%[55]. - The company reported a total cash inflow from financing activities of CNY 588,624,036.46, compared to CNY 378,602,494.56 in the first half of 2019[176].

苏州苏大维格科技集团股份有限公司 2020 年第一季度报告全文 苏州苏大维格科技集团股份有限公司 2020 年第一季度报告 2020 年 04 月 1 苏州苏大维格科技集团股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 √ 是 □ 否 追溯调整或重述原因 同一控制下企业合并 | | 本报告期 | 上年同期 | | 本报告期比上年同 | | --- | --- | --- | --- | --- | | | | | | 期增减 | | | | 调整前 | 调整后 | 调整后 | | 营业总收入（元） | 263,442,078.60 | 270,724,349.24 | 279,115,509.34 | -5.62% | | 归属于上市公司股东的净利润（元） | 4,757,170.73 | 14,133,430.43 | 13,542,956.36 | -64.87% | | 归属于上市公司股东的扣 ...

苏州苏大维格科技集团股份有限公司 2019 年年度报告全文 苏州苏大维格科技集团股份有限公司 2019 年年度报告 2020 年 04 月 1 苏州苏大维格科技集团股份有限公司 2019 年年度报告全文 第一节重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 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。 公司负责人陈林森、主管会计工作负责人朱志坚及会计机构负责人(会计主 管人员)李玲玲声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中如有涉及未来的计划、业绩预测等方面的内容，均不构成本公司 对任何投资者及相关人士的承诺，投资者及相关人士均应对此保持足够的风险 认识，并且应当理解计划、预测与承诺之间的差异。 公司在本报告第四节"管理层分析与讨论"中"公司未来发展的展望"部分， 详细描述了公司经营中可能存在的风险及应对措施，敬请投资者关注相关内容。 公司经本次董事会审议通过的利润分配预案为：以目前公司总股本 226,048,841 股为基数，向全体股东每 10 股派发现金红利 1 元（ ...

Financial Performance - Net profit attributable to shareholders was ¥25,457,642.77, reflecting a year-on-year increase of 7.96%[7] - Operating revenue for the reporting period was ¥290,043,076.25, representing an 8.21% increase compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,570,876.93, up 20.70% year-on-year[7] - Basic earnings per share were ¥0.11, a 10.00% increase compared to the same period last year[7] - The company reported a net profit of CNY 273,474,247.79, up from CNY 235,830,674.52, indicating a growth of approximately 15.9% in retained earnings[39] - Net profit for the current period was ¥25,865,636.51, an increase of 13.4% compared to ¥22,735,373.03 in the previous period[48] - The company's operating profit decreased to ¥68,913,511.12, down 4.3% from ¥72,288,569.26 in the previous period[55] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,200,656,983.66, an increase of 5.72% compared to the end of the previous year[7] - The company's cash and cash equivalents decreased by 49.88% to ¥138,527,471.97 compared to the previous year, primarily due to increased investments and purchases of financial products[20] - The company's total liabilities increased significantly, with accounts payable rising by 318.80% to ¥21,359,000.00, reflecting increased use of acceptance bills for payments[20] - Current liabilities rose to CNY 703,883,613.74, compared to CNY 617,705,177.39, reflecting an increase of about 13.9%[38] - The total liabilities reached CNY 723,312,098.97, an increase from CNY 641,358,678.20, which is a growth of approximately 12.8%[39] - Owner's equity amounted to CNY 1,477,344,884.69, compared to CNY 1,440,161,674.07, reflecting an increase of about 2.6%[39] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥225,811.94, a significant decrease of 99.74%[7] - The company’s cash flow from financing activities decreased by 79.72% to ¥28,902,607.85, primarily due to increased repayments of bank loans[23] - Operating cash inflow totaled CNY 968,696,556.53, an increase from CNY 810,180,505.63 in the previous period[63] - Net cash flow from operating activities was negative CNY 225,811.94, a significant improvement from negative CNY 85,722,788.05 in the prior year[63] Investments and Subsidiaries - The company successfully acquired industrial real estate for a total price of RMB 41.96 million through its wholly-owned subsidiary, Suzhou Weig Technology Co., Ltd. on April 6, 2019[24] - The newly established holding subsidiary, Yancheng Weisheng New Materials Co., Ltd., has a registered capital of RMB 30 million, with Suzhou Weig contributing RMB 21 million, holding a 70% stake[25] - The company invested RMB 50 million to establish a wholly-owned subsidiary, Weida Technology (Jiangsu) Co., Ltd., to enhance its presence in the high-performance flexible touch control sector[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,389[11] - The largest shareholder, Chen Linsen, holds 22.22% of the shares, with 37,678,492 shares pledged[11] Operational Metrics - The weighted average return on equity was 1.80%, a decrease of 0.12% compared to the previous year[7] - The company reported no significant non-recurring gains or losses that would be classified as regular gains or losses[9] - The company has maintained a clear profit distribution policy, with no profit distribution matters reported during the current period[28] Research and Development - Research and development expenses decreased to ¥9,948,633.10 from ¥20,200,405.28, indicating a reduction of 50.7%[46] - Research and development expenses were ¥42,362,292.05, down 23.2% from ¥55,154,926.87 in the prior period[53] Other Financial Metrics - Financial expenses rose by 110.42% to ¥8,606,258.79, mainly due to increased interest expenses[21] - The company reported a 36.74% decrease in other income, totaling ¥8,498,363.60, attributed to reduced government funding[21] - The company experienced a reduction in asset impairment losses to ¥3,672,706.65, compared to ¥8,844,387.51 in the previous period[55]

Financial Performance - Total operating revenue for the first half of 2019 was approximately ¥522.63 million, a decrease of 2.07% compared to the same period in 2018[19]. - Net profit attributable to shareholders of the listed company was approximately ¥34.79 million, down 10.54% year-on-year[19]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥31.96 million, a decrease of 3.57% compared to the previous year[19]. - Basic earnings per share decreased to ¥0.15, down 11.76% from ¥0.17 in the previous year[19]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2019, representing a year-on-year growth of 20%[95]. - The company reported a total profit of ¥40.29 million for the first half of 2019, down 9.1% from ¥44.57 million in the first half of 2018[174]. - The company’s total revenue for the reporting period was RMB 40.44 million, an increase from RMB 39.42 million in the previous period[72]. - The company’s total assets at the end of the reporting period were CNY 4,255,000,000, indicating a robust asset base[197]. Cash Flow and Financial Position - Net cash flow from operating activities improved significantly to approximately ¥7.42 million, compared to a negative cash flow of ¥62.59 million in the same period last year, an increase of 111.85%[19]. - The net cash flow from operating activities for the first half of 2019 was ¥7,418,976.91, a significant improvement compared to a net outflow of ¥62,591,528.08 in the same period of 2018[182]. - The ending cash and cash equivalents balance for the first half of 2019 was ¥119,965,839.14, down from ¥132,168,973.22 in 2018[183]. - The company’s cash and cash equivalents decreased to ¥144,374,048.86 from ¥276,374,784.81 at the end of 2018, representing a decline of approximately 47.9%[163]. - Total liabilities decreased from CNY 641,358,678.20 to CNY 565,639,324.76, a decline of about 11.8%[166]. Research and Development - Research and development expenses were approximately ¥32.41 million, down 7.27% from the previous year[53]. - The company is actively developing innovative technologies such as "nano waveguide optical field lenses" and "bare-eye 3D" to enhance its product offerings[51]. - Investment in R&D increased by 30% year-on-year, focusing on developing new technologies and enhancing product offerings[97]. - The research and development expenses for new technologies were highlighted as a key area for future investment[192]. Market and Business Strategy - The company is actively planning the industrialization of high-performance flexible transparent touch devices and micro-nano optical materials, responding to the increasing market demand for large-size display products[47]. - The company is focusing on high-end reflective materials and has increased production and sales in this segment[45]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[95]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge in the market[192]. Risks and Compliance - The company has outlined potential risks and countermeasures in its operational analysis section, which investors should pay attention to[4]. - The company is exposed to financial risks due to potential changes in credit policies and financing channels related to its large investment projects[87]. - The company has committed to maintaining compliance with regulatory requirements, ensuring no major legal issues have arisen in the past five years[99]. - The company has not faced any significant administrative penalties or criminal charges in the last five years[101]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[92]. - Major shareholders include Chen Linsen with 22.22% (50,237,990 shares) and Yu Zhangxing with 9.41% (21,272,004 shares), both of whom have pledged their shares[147]. - The total number of shares before the change was 226,048,800, with a total of 1,249,523 shares released from restrictions during the reporting period[142]. - The company has established a lock-up period of 12 months for shares acquired through the subscription of Huari Sheng equity, followed by a 36-month transfer limit[104]. Environmental and Social Responsibility - The company has established a wastewater treatment facility and RTO incinerator for environmental protection, ensuring compliance with emission standards[131]. - The company is investing in environmental protection equipment to comply with stringent government regulations, which may also present new market opportunities[88]. - The company is currently conducting environmental impact assessments for all projects and is in the process of "three simultaneous" acceptance[132].