上海飞凯材料技股份有限公司 2022 年半年度报告全文 em® 上海飞凯材料科技股份有限公司 2022 年半年度报告 2022-104 2022 年 08 月 l 上海飞凯材料科技股份有限公司 2022 年半年度报告全文 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、高级管理人员保证半年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连 带的法律责任。 公司负责人苏斌、主管会计工作负责人李晓晟及会计机构负责人（会计主 管人员）王闰菲声明：保证本半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。 本报告中如有涉及到未来计划、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实质承诺，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。敬请广大投资者理性投 资，注意风险。 公司在本报告"第三节管理层讨论与分析"之"十、公司面临的风险和应对 措施"部分详细描述了公司经营中可能存在的风险及应对措施，敬请投资者注 意并仔细阅读。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 ...

上海飞凯材料科技股份有限公司 2024 年第一季度报告 | 证券代码：300398 | 证券简称：飞凯材料 | 公告编号：2024-062 | | --- | --- | --- | | 债券代码：123078 | 债券简称：飞凯转债 | | 上海飞凯材料科技股份有限公司 2024 年第一季度报告 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、第一季度报告是否经过审计 □是 否 一、主要财务数据 1 上海飞凯材料科技股份有限公司 2024 年第一季度报告 | 基本每股收益（元/股） | 0.11 | 0.14 | 0.14 | -21.43% | | --- | --- | --- | --- | --- | | 稀释每股收益（元/股） | 0.11 | 0.14 | 0.14 ...

| 证券代码：300398 | 证券简称：飞凯材料 | 公告编号：2022-118 | | --- | --- | --- | | 债券代码：123078 | 债券简称：飞凯转债 | | 上海飞凯材料科技股份有限公司 2022 年第三季度报告 上海飞凯材料科技股份有限公司 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 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 是 □否 追溯调整或重述原因：会计差错更正 1 上海飞凯材料科技股份有限公司 2022 年第三季度报告 | | | 上年同期 | | 本报告期比上 年同期增减 | | 上年同期 | | 年初至报告期 末比上年同期 | ...

上海飞凯材料科技股份有限公司 2023 年半年度报告全文 em® 上海飞凯材料科技股份有限公司 2023 年半年度报告 2023-090 2023 年 08 月 l 上海飞凯材料科技股份有限公司 2023 年半年度报告全文 第一节 重要提示、目录和释义 目录 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连 带的法律责任。 公司负责人苏斌、主管会计工作负责人李晓晟及会计机构负责人（会计主 管人员）王闰菲声明：保证本半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次半年报的董事会会议。 本报告中如有涉及到未来经营计划或规划等前瞻性陈述，均不构成本公司 对任何投资者及相关人士的实质承诺，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。 公司特别提醒投资者关注公司在经营过程中可能面临的风险与挑战，公司 在本报告"第三节管理层讨论与分析"之"十、公司面临的风险和应对措施"部 分对风险进行了详细描述，敬请投资者予以关注并仔细阅读。 公司计划不派发现金红利，不送红股，不以公积金 ...

上海飞凯材料科技股份有限公司 2023 年年度报告全文 em® 上海飞凯材料科技股份有限公司 2023 年年度报告 2024-056 2024 年 04 月 l 上海飞凯材料科技股份有限公司 2023 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、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 公司负责人 ZHANG JINSHAN、主管会计工作负责人李晓晟及会计机构负责人（会计主管人员） 欧阳芬声明：保证本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发展战略、经营计划等前瞻性内容属于计划性事项，能否实现取决于市场 状况变化等多种因素，存在不确定性，并不代表公司对未来年度的盈利预测，也不构成公司对投资者 及相关人士的实质性承诺。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。 非标准审计意见提示 适用 □不适用 天职国际会计师事务所（特殊普通合伙）为公司 2023 年年度财务报告出具了带强调事项段的无 保留意见 ...

上海飞凯材料科技股份有限公司 2021 年年度报告全文 2021 年年度报告 2022-017 2022 年 03 月 1 上海飞凯材料科技股份有限公司 2021 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、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 公司负责人苏斌、主管会计工作负责人李晓晟及会计机构负责人（会计主管人员）王闰菲声明： 保证本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。 em® 上海飞凯材料科技股份有限公司 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。 1、行业波动风险 公司所处行业为化学原料及化学制品制造业，主营业务为研发、生产和销售高科技制造领域适用 的屏幕显示材料、半导体材料及紫外固化材料等材料。屏幕显示材料方面，本公司的产品主要面向显 示面板制造行业。近年来，我国持续推出了面板产业配套国产化、本地化的政策 ...

上海飞凯材料科技股份有限公司 2023 年第一季度报告全文 | 证券代码：300398 | 证券简称：飞凯材料 | 公告编号：2023-058 | | --- | --- | --- | | 债券代码：123078 | 债券简称：飞凯转债 | | 上海飞凯材料科技股份有限公司 2023 年第一季度报告 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、第一季度报告是否经过审计 □是 否 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 是 □否 追溯调整或重述原因：会计政策变更、会计差错更正 | | 本报告期 | 上年同期 | | 本报告期比上 年同期增减 | | --- | --- | --- | --- | --- | | | | 调整前 ...

上海飞凯材料科技股份有限公司 2022 年第一季度报告全文 | | | 上海飞凯材料科技股份有限公司 2022 年第一季度报告 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、第一季度报告是否经过审计 □ 是 √ 否 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 √ 是 □ 否 追溯调整或重述原因：会计差错更正 | | 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 | | 营业收入（元） | 862,361,400.73 | 562,918,701.67 | 562,918,701.67 | 53.19% | | ...

上海飞凯材料科技股份有限公司 2021 年第三季度报告 | | | 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 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 上海飞凯材料科技股份有限公司 2021 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 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 增减 | | 上年同期增减 | | 营业收入（元） | 683,106,591.12 | 32.58% | 1,885,656,486.92 | 40.25% | | 归属于上市公司股东的净利润（元） | 1 ...

Revenue and Profit Performance - Manufacturing revenue decreased by 5.52% to 2,728,683,450.21 RMB in 2023 compared to 2,888,246,955.65 RMB in 2022[4] - Revenue for the reporting period was 2.728 billion yuan, a year-on-year decrease of 5.52%[155] - Net profit attributable to shareholders of the listed company was 112.35 million yuan, a year-on-year decrease of 74.15%[155] - Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 50.02 million yuan, a year-on-year decrease of 88.52%[155] - Net profit in Q4 2023 was negative at RMB -97,800,260.56, a significant drop compared to previous quarters[183] - Revenue for 2023 decreased by 5.52% to RMB 2,728,683,450.21 compared to RMB 2,888,246,955.65 in 2022[180] - Net profit attributable to shareholders dropped by 74.15% to RMB 112,353,264.00 in 2023 from RMB 434,641,294.99 in 2022[180] - Net profit after deducting non-recurring gains and losses fell by 88.52% to RMB 50,024,673.65 in 2023 from RMB 435,859,628.26 in 2022[180] - Operating cash flow decreased by 27.58% to RMB 290,304,716.02 in 2023 from RMB 400,862,605.60 in 2022[180] - Basic earnings per share declined by 75.00% to RMB 0.21 in 2023 from RMB 0.84 in 2022[180] - Total assets increased by 2.83% to RMB 6,485,522,219.69 in 2023 from RMB 6,307,056,659.43 in 2022[180] Market and Industry Trends - The global LCD panel industry has consolidated, with the number of major manufacturers reduced from ten to eight, and domestic Chinese panel manufacturers now hold a 70.9% market share, a historical high[190] - LCD TV panel prices rose in the first half of 2023 due to controlled supply, but began to decline in November due to weak demand, with average utilization rates of domestic high-generation panel factories showing a downward trend since August[191] - The LCD industry center has shifted to mainland China, where panel manufacturers can dynamically adjust supply and demand through flexible production line utilization rates, with BOE, TCL CSOT, and HKC leading the global LCD panel industry[192] - China's semiconductor sales reached $144.6 billion in November 2023, a 4.4% month-on-month increase and 7.99% year-on-year growth, marking the ninth consecutive month of growth[193] - China's fiber optic cable production reached 323 million core kilometers in 2023, with the market expected to grow to 540.8 billion yuan by 2025, driven by 5G and data center applications[194][195] - The global semiconductor market reached $573.5 billion in 2022, with Q3 2023 sales totaling $134.7 billion, a 4.5% year-on-year decline but a 6.3% quarter-on-quarter increase, marking nine consecutive months of growth[200] - China's semiconductor industry is entering a phase of large-scale high-speed development, with government policies supporting growth amidst challenges from US-China trade tensions[193] - The global fiber optic cable market is dominated by the top ten manufacturers, which hold 88.2% of the market share, with Chinese companies like Yangtze Optical Fiber and Hengtong occupying significant positions[195] - LCD panel prices are expected to stabilize in 2024, with smaller-sized panels potentially seeing price increases, indicating a positive trend for the industry[199] R&D and Innovation - R&D expenses grew by 3.02% to 189,235,361.76 RMB[8] - The company established a "Postdoctoral Research Station" to enhance technological innovation and talent development[2] - The company's R&D personnel increased by 4.53% to 600 in 2023, with R&D personnel accounting for 27.59% of the total workforce[28] - The company emphasizes continuous R&D investment in new products and process optimization to maintain technological competitiveness[56] - R&D investment for new products and technologies amounted to $120 million, accounting for 8.5% of total revenue[142] Subsidiaries and Acquisitions - The company's total assets for its subsidiary Anqing Feikai are 1,612,265,171.45 RMB, with net assets of 822,553,475.13 RMB, and operating revenue of 954,666,780.44 RMB[23] - The subsidiary Hecheng Display has total assets of 1,483,254,286.32 RMB, net assets of 1,237,275,111.72 RMB, and operating revenue of 1,022,107,320.47 RMB[23] - The company acquired 33.04% equity of Runao Chemical in 2023, adding to previous acquisitions of Kunshan Xingkai (60.00%), Hecheng Display (100.00%), and Darui Technology (100.00%)[57] - Completed the acquisition and integration of 33.04% equity in Guangzhou Runao Chemical Materials Co., Ltd., including financial management, corporate governance, and R&D resource sharing[124] - The company completed two strategic acquisitions, totaling $200 million, to enhance its product portfolio and market reach[142] Financial Management and Investments - Investment activities cash outflow increased by 128.03% due to increased purchase of financial products[10] - The company invested a total of 173.64 million yuan in fixed assets during the reporting period, with a cumulative investment of 572.07 million yuan across various manufacturing projects[13] - The company raised 825 million yuan through convertible bonds in 2020, with a net amount of 808.96 million yuan after deducting fees[16] - As of December 31, 2023, the company had used 461.83 million yuan of the raised funds, with a remaining balance of 385.81 million yuan[17] - The company used 200 million yuan of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 12 months[17] - The company used no more than 200 million RMB of idle raised funds to temporarily supplement working capital, with a usage period of no more than 12 months from the date of approval by the fifth meeting of the fifth board of directors[19] - The company used up to RMB 250 million of idle raised funds to temporarily supplement working capital in 2022, with all funds returned to the dedicated account within the stipulated period[38] - As of December 31, 2023, the unused raised funds balance was RMB 385.81 million, with RMB 311.31 million stored in the raised funds account for future projects[38] - The company used up to RMB 300 million of idle raised funds to temporarily supplement working capital in 2021, with all funds returned to the dedicated account within the stipulated period[38] - The company used up to RMB 300 million of temporarily idle raised funds for cash management, with RMB 74.5 million in bank structured deposits not yet redeemed as of December 31, 2023[38] - The company approved the use of up to 300 million yuan of temporarily idle raised funds for cash management, purchasing financial products or structured deposits with high safety and good liquidity[35] - The company has stored all raised funds in special accounts to standardize the management and use of raised funds, protecting investors' interests[35] Project Progress and Investments - The 280-ton new liquid crystal material mixing and R&D center project has a progress rate of 46.87% with an investment of 115.56 million yuan[13] - The 2,230-ton halogenated compound construction project is 93.65% complete with a cumulative investment of 65.56 million yuan[13] - The 6,000-ton UV-curable resin and surface treatment coating project has a progress rate of 65.72% with a cumulative investment of 26.29 million yuan[13] - The 150-ton TFT-LCD synthetic liquid crystal display material project has been changed, with a cumulative investment of 13.59 million yuan and a progress rate of 70.48%[18] - The 10,000-ton UV-curable optical fiber coating material expansion project has a progress rate of only 3.38% with an investment of 3.82 million yuan[18] - The 120-ton TFT-LCD mixed liquid crystal display material project has a progress rate of 44.12% with a cumulative investment of 48.95 million yuan[18] - The company changed the investment project from "10000t/a UV-curable optical fiber coating material expansion project" to "annual production of 50 tons of high-performance mixed liquid crystal and 200 tons of high-purity electronic display monomer material project" with a total investment of 11,307.00 million RMB, of which 528.85 million RMB was actually invested in the reporting period, accounting for 4.68% of the total investment[19][21] - The company changed the investment project from "annual production of 2000 tons of new photoinitiator project" to "acrylic ester and photoresist product upgrade and transformation construction project" with a total investment of 9,512.00 million RMB, of which 546.74 million RMB was actually invested in the reporting period, accounting for 5.75% of the total investment[19][21] - The company changed the investment project from "annual production of 500 kg OLED display material project" to "annual production of 15 tons OLED terminal display material sublimation and purification project" with a total investment of 6,555.00 million RMB, of which 1,491.13 million RMB was actually invested by the end of the period, accounting for 22.75% of the total investment[19][21] - The company changed the investment project from "annual production of 150 tons TFT-LCD synthetic liquid crystal display material project" to "Jiangsu Hecheng annual production of 280 tons new liquid crystal material mixing and R&D center construction project" with a total investment of 19,282.00 million RMB, of which 13,590.06 million RMB was actually invested by the end of the period, accounting for 70.48% of the total investment[19][21] - The "Annual Production of 280 Tons New Liquid Crystal Material Mixing and R&D Center Construction Project" and other modified projects are still under construction and have not reached planned progress or expected benefits[37] - The "Annual Production of 50 Tons High-Performance Mixed Liquid Crystal and 200 Tons High-Purity Electronic Display Monomer Materials Project" is still under construction and has not reached planned progress or expected benefits[37] - The company completed the construction of a 1000t/a photoresist supporting products project, including developer, stripper, etchant, and cleaning solutions[87] - A 3500t/a UV-curable photoresist project has been completed and is operational[87] - The company has expanded its UV-curable optical fiber coating material production capacity to 10000t/a[87] - A 5000t/a photoresist expansion project has been completed and is operational[87] - The company is currently constructing a 32t/a OLED display material project[87] - 6000t/a UV curing resin and surface treatment coating project has been completed and independently accepted[104] - 22000t/a synthetic new material project (Phase I: 5500t/a halogenated hydrocarbon series products and 3500t/a electronic-grade phenolic resin products) has been completed and accepted by Anqing Environmental Protection Bureau[104] - 50t/a high-performance optoelectronic new material project has been completed and independently accepted[104] - 100t/a high-performance optoelectronic new material upgrade project is awaiting acceptance[104] - 2230t/a halogenated compound construction project has been completed[104] - 100t/a TFT-LCD high-end liquid crystal material project has been completed and accepted by Nanjing Environmental Protection Bureau[104] - Annual production of 50 tons of high-performance mixed liquid crystal and 200 tons of high-purity electronic display monomer material project is under construction[104] Environmental and Safety Management - Organic waste gas purification treatment device in Area A has a processing capacity of 10,000m³/h and is operating normally[107] - Wastewater treatment in Area B has a processing capacity of 120m³/d and is operating normally[107] - Organic waste gas treatment device in Kunshan Xingkai has a processing capacity of 40,000m³/h and is operating normally[107] - Anqing Feikai, Hecheng New Materials, and Kunshan Xingkai have established environmental self-monitoring plans and emergency response measures to strengthen environmental protection management and prevent pollution incidents[108] - Anqing Feikai has implemented an online monitoring system for wastewater, detecting COD, ammonia nitrogen, and pH values in real-time, and regularly commissions qualified units for testing[109] - Hecheng New Materials has an online monitoring system for wastewater and exhaust gas, detecting COD, ammonia nitrogen, pH, flow rate, non-methane total hydrocarbons, and temperature in real-time, with regular maintenance and testing[110] - Kunshan Xingkai conducts regular maintenance on exhaust gas treatment equipment, including filter and activated carbon replacement, and commissions qualified units for monitoring[111] - The company has established an EHS department to oversee environmental protection, incorporated environmental protection into performance evaluations, and paid environmental protection taxes in full for 2023[112] - Hecheng New Materials was fined RMB 30,000 for non-standard exhaust gas emissions during production, violating the Air Pollution Prevention and Control Law[114] - The company has not experienced any major production safety accidents in 2023, adhering to strict safety management and risk control systems[116] - Subsidiaries such as Anqing Feikai and Kunshan Xingkai are designated as key pollutant discharge units, adhering to environmental laws and industry standards[126] - Anqing Feikai's emissions: VOCs at 7.38mg/m³ (A区), 9.05mg/m³ (B区), 15.69mg/m³ (C区), all within standards[128] - Anqing Feikai's COD emissions: 36.68mg/L (A区), 97.96mg/L (B区), 132.8mg/L (C区), all within the 500mg/L standard[128] - Hecheng New Materials' COD emissions: 207.9mg/L, ammonia nitrogen: 5.3mg/L, TP: 0.524mg/L, all within standards[128] - Noise emissions at Anqing Feikai: daytime 57.0db (A区), 57.5db (B区), 58.5db (C区), all within 65db standard[128] - Noise emissions at Hecheng New Materials: daytime 57.8db, within 65db standard[128] Corporate Governance and Management - The company has established four specialized committees under the board: Strategy Committee, Compensation and Evaluation Committee, Audit Committee, and Nomination Committee[60] - The board of directors held 9 meetings during the reporting period, with all directors actively participating in relevant training and fulfilling their duties[60] - The company held 8 supervisory board meetings during the reporting period, effectively supervising major company matters and financial status[61] - The company has established an independent financial department and internal audit department, with dedicated financial management and internal audit personnel. It has formulated financial management and internal audit management systems independent of the controlling shareholder and established an independent financial accounting system[65] - The company has a sound organizational structure system and has formulated comprehensive job responsibilities and management systems. Each functional agency operates independently according to its prescribed duties, without interference from controlling shareholders or any other units or individuals[63] - The company has established a Board of Directors Audit Committee, which is responsible for communication between internal and external audits, supervising the implementation of the internal audit system, reviewing the execution of internal control systems, and examining financial information and disclosures[62] - The company has implemented a "quality and return dual improvement" action plan, but it is not disclosed whether the plan has been disclosed[64] - The company has established a rigorous, scientific, and effective internal control system suitable for its actual situation, continuously updating and improving the internal control system during the reporting period[71] - The company has strengthened internal audit supervision, enhancing the depth and breadth of internal audit work, and dynamically tracking large fund transactions to prevent fund misappropriation[71] - The company's profit distribution plan was approved by the Fifth Board of Directors' Tenth Meeting and will be implemented within two months after approval by the 2023 Annual Shareholders' Meeting[70] - The company has a comprehensive internal control system in place, with regular updates and improvements to ensure compliance with regulatory requirements and support business development[71] - The company held a total of 8 board meetings in 2023, with key resolutions including the approval of the 2022 annual report and financial statements, and the nomination of the fifth board of directors[72] - The audit committee reviewed and approved the 2022 internal audit summary, 2023 audit plan, and the 2022 annual financial report, ensuring compliance with relevant regulations[74] - The nomination committee reviewed and approved the nomination of candidates for the fifth board of directors, ensuring they met the necessary qualifications and capabilities[74] - The compensation and evaluation committee approved the 2023 senior management compensation plan and adjustments to independent director compensation[74] - The company implemented a comprehensive talent development system, including talent assessment and multi-channel career development paths, to meet future strategic needs[78] - The company's board and management underwent significant changes, with several key positions including independent directors, board members, and senior executives being replaced or resigned due to personal reasons or term expirations[135][136] - ZHANG JINSHAN was appointed as the new General Manager effective March 26, 2024, to meet the company's operational development needs[136] - The company elected new independent directors and board members during the 2023 board and supervisory committee reshuffle, including SHEN Xiaoliang, TU Bin, and TANG Zhonghui[135] Compensation and Incentives - Total compensation for directors, supervisors, and senior management in 2023 was 11.6431 million yuan, paid to 21 individuals (including 5 who left)[50] - Chairman Zhang Jinshan received a total pre-tax compensation of 892,400 yuan[52] - Vice Chairman and General Manager Su Bin received a total pre-tax compensation of 1.3455 million yuan before his resignation[52] - Director and Vice President Song Shuguo received the highest compensation among current executives at 2.4675 million yuan[52] - Independent directors received a standard compensation of