证券代码：300410 证券简称：正业科技 广东正业科技股份有限公司投资者关系活动记录表 编号：2022-004 | --- | --- | --- | |-------------------------------------------------|------------------------|------------------------------------| | | | | | | √ 特定对象调研 | ☐ 分析师会议 | | | ☐ 媒体采访 | ☐ 业绩说明会 | | 投资者关系活动类别 | ☐ 新闻发布会 | ☐ 路演活动 | | | ☐ 现场参观 | | | | √ | 其他（华创证券研究所调研活动） | | | | 华创证券有限责任公司 | | | | 建信理财有限责任公司 | | | | 上海新传奇基金 | | | | 乘是资产 | | | | 安信基金 | | | | 望正资产 | | | | 富荣基金 | | | | 誉辉资本管理（北京）有限责任公司 | | | | 国盛证券 | | 参与单位名称 | | 玄元投资 | | | | 深圳前海德云资产管理有限公司 | | | ...

证券代码：300410 证券简称：正业科技 广东正业科技股份有限公司投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |------------------------|---------------------------------------------|---------------------------------------------------------| | | | | | | ☐ 特定对象调研 | ☐ 分析师会议 | | | ☐ 媒体采访 | ☐ 业绩说明会 | | 投资者关系活动类别 | ☐ 新闻发布会 | ☐ 路演活动 | | | ☐ 现场参观 | | | | | 其他：广东辖区上市公司投资者集体接待日活动 | | 参与单位名称及人员姓名 | 投资者网上提问 | | | 时间 | 2022 年 9 月 22 日 | (周四 ) 下午 15:50 ~ 16:50 | | 地点 | 公司通过 全 景 网 " （ https://ir.p5w.net | 投 资 者 关 系 互 动 平 台 " ）采用网络远程的方式召开 | | 上市公司接待人员姓名 | ...

证券代码：300410 证券简称：正业科技 编号：2022-003 | --- | --- | --- | |--------------------|----------------------------|----------------------------------| | | | | | | ☐ 特定对象调研 | ☐ 分析师会议 | | | ☐ 媒体采访 | ☐ 业绩说明会 | | 投资者关系活动类别 | ☐ 新闻发布会 | ☐ 路演活动 | | | ☐ 现场参观 | | | | √ 其他（华福证券电话会议） | | | | | 中邮理财 | | | | 中英人寿保险有限公司 | | | | 中信保诚基金管理有限公司 | | | | 中海基金 | | | | 中国太平洋人寿保险股份有限公司 | | | | 郑州云杉投资管理有限公司 | | | | 浙商证券资产管理有限公司 | | | | 浙江龙航资产管理有限公司 | | | | 誉辉资本管理（北京）有限责任公司 | | | | 永盈基金 | | | | 兴业 | | 参与单位名称 | | 信诚基金 | | | | 维金（杭州）资产管理有限公司 | ...

广东正业科技股份有限公司 2022 年第三季度报告 证券代码：300410 证券简称：正业科技 公告编号：2022-057 广东正业科技股份有限公司 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。 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 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 285,168,387.95 | -19.48% | 924,226,070.94 | -18.63% | ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥639,057,682.99, a decrease of 18.25% compared to ¥781,729,340.69 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥42,468,656.19, down 73.14% from ¥158,116,136.20 year-on-year[22]. - The net cash flow from operating activities was -¥55,242,053.96, a decline of 235.56% compared to ¥40,751,837.10 in the previous year[22]. - Basic earnings per share decreased by 73.81% to ¥0.11 from ¥0.42 in the same period last year[22]. - Total assets at the end of the reporting period were ¥1,952,682,924.84, a decrease of 6.68% from ¥2,092,427,705.50 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company increased by 8.32% to ¥803,701,777.53 from ¥741,986,249.26 at the end of the previous year[22]. - The company reported a significant decrease in the weighted average return on net assets to 5.57% from 22.75% year-on-year[22]. - The company achieved a gross margin of 31.60% in the manufacturing sector, down by 1.49% from the previous year[83]. - The lithium battery detection automation segment generated revenue of ¥261,793,605.48, with a gross margin of 33.70%, reflecting an 11.71% decrease in revenue year-over-year[84]. - The company reported a net loss of CNY 716,809,460.73 as of June 30, 2022, compared to a loss of CNY 759,278,116.92 at the beginning of the year, indicating an improvement in loss of about 5.6%[192]. Market Position and Strategy - The company is focusing on "industrial inspection intelligent equipment" with core technologies in "optical inspection and automation control," targeting lithium battery, PCB, and flat panel display industries[31]. - The company is positioned as a leading supplier of intelligent detection equipment for new energy batteries, holding a dominant market position in China[40]. - The company plans to continue expanding into new market areas such as the semiconductor industry, leveraging its strong market development capabilities[75]. - The company is actively expanding into the photovoltaic and energy storage industries, aligning with national policies and market demands[34]. - The company is planning to expand its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[130]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance the company's market position and increase overall revenue by 30%[130]. Research and Development - Research and development investment decreased by 22.33% to ¥45,553,654.28, attributed to reduced R&D expenditures in some subsidiaries[81]. - The company is investing in R&D for semiconductor production testing equipment, with a focus on market development and customer needs[104]. - The company has established partnerships with several universities to enhance its R&D capabilities and address technical challenges[104]. - The company aims to invest 150 million CNY in research and development for new technologies over the next two years[130]. - The company has filed a total of 678 patent applications, with 547 patents granted, including 144 invention patents, demonstrating its strong focus on technology innovation[70]. Operational Efficiency - The company has established a complete production service chain, enabling rapid response to customer demands and enhancing overall service capabilities[76]. - The company has committed to reducing operational costs by 5% through efficiency improvements and technology upgrades in 2022[130]. - The company has committed to reducing operational costs by 15% through improved supply chain management and automation[132]. - The company’s X-ray non-destructive testing technology is advancing from 2D to 3D capabilities, aiming to enhance detection capabilities in the lithium battery and semiconductor sectors[69]. Environmental and Social Responsibility - The company emphasizes environmental sustainability with low-dust, eco-friendly cutting processes that reduce pollution[57]. - The company actively complies with environmental regulations and has implemented measures to reduce carbon emissions, aligning with national policies[118]. - The company emphasizes the protection of shareholder and creditor rights, ensuring compliance with relevant laws and enhancing corporate governance[120]. - The company is focused on creating a harmonious social atmosphere by providing job opportunities for disabled individuals[124]. - The company has been recognized as an advanced model unit for pandemic prevention by the Songshan Lake COVID-19 Command Center during the reporting period[124]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares for the semi-annual period[112]. - The company emphasizes the importance of maintaining fair and transparent related-party transactions to protect shareholder interests[130]. - The company has a structured governance framework, ensuring independent decision-making by its board and management[128]. - The company has pledged to avoid any direct or indirect competition with its existing business operations[128]. - The company maintains a commitment to independent operations, ensuring that its assets and financials are managed separately from other entities[127]. Future Outlook - The company provided a future outlook projecting a revenue growth of 10% for the second half of 2022, driven by new product launches and market expansion strategies[130]. - Future guidance indicates an expected EBITDA margin improvement to 18% by the end of 2022, up from 15% in the previous year[132].

Financial Performance - Revenue for Q1 2022 was CNY 269,914,520.08, a decrease of 34.47% compared to CNY 411,912,502.39 in the same period last year[4] - Net profit attributable to shareholders was CNY 8,274,221.36, down 93.57% from CNY 128,595,748.73 year-on-year[4] - Basic earnings per share decreased by 94.12% to CNY 0.02 from CNY 0.34 in the previous year[4] - Total operating revenue for the current period is ¥269,914,520.08, a decrease of 34.3% from ¥411,912,502.39 in the previous period[18] - Net profit for the current period is ¥8,272,513.83, a significant decline of 93.5% compared to ¥127,546,254.14 in the previous period[19] - The company reported a total comprehensive income of ¥8,247,348.92, a decrease of 93.5% from ¥125,924,834.17 in the previous period[20] - The company’s basic and diluted earnings per share are both ¥0.02, down from ¥0.34 in the previous period[20] Cash Flow and Operating Activities - Net cash flow from operating activities was negative CNY 37,130,421.97, a decline of 301.34% compared to positive CNY 18,441,588.04 in the same period last year[8] - Operating cash flow net amount is -¥37,130,421.97, contrasting with a positive cash flow of ¥18,441,588.04 in the previous period[22] - The company’s total cash flow from financing activities is ¥38,616,226.35, compared to a negative cash flow of -¥108,314,732.33 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,971,351,280.42, down 5.79% from CNY 2,092,427,705.50 at the end of the previous year[4] - Current assets decreased from CNY 1,401,051,622.88 to CNY 1,288,136,081.74, representing a decline of about 8.1%[15] - Cash and cash equivalents dropped from CNY 118,121,126.27 to CNY 86,240,730.47, a decrease of approximately 27.0%[15] - Accounts receivable decreased from CNY 727,718,515.01 to CNY 661,224,060.66, reflecting a decline of about 9.1%[15] - Total liabilities decreased from CNY 1,347,051,558.65 to CNY 1,216,753,888.64, a reduction of approximately 9.7%[17] - The company's equity increased from CNY 745,376,146.85 to CNY 754,597,391.78, an increase of about 1.6%[17] Operational Changes - The company experienced a 50.75% decrease in contract liabilities to CNY 62,213,993.60, mainly due to revenue recognition and a reduction in advance payments received[7] - The company reported a significant increase in accounts receivable financing by 211.59% to CNY 13,924,242.37, attributed to an increase in bank acceptance bill settlements[7] - Research and development expenses decreased to ¥23,089,868.74, down 14.5% from ¥27,118,260.98 in the previous period[19] - The company did not report any new product launches or significant market expansion strategies during this quarter[4] Shareholder Actions - The company completed the repurchase and cancellation of 231,812 shares of restricted stock, reducing the total share capital from 369,172,062 shares to 368,940,250 shares[14] - The company plans to unlock 2,972,927 shares of restricted stock on May 16, 2022, as part of its incentive plan[13] Other Income and Expenses - Other income decreased by 61.30% to CNY 1,977,157.81 from CNY 5,109,118.09 year-on-year, primarily due to a reduction in government subsidies received[7] - Total operating costs decreased to ¥267,493,857.66, down 19.6% from ¥332,751,976.38 in the previous period[18] - The company incurred a financial expense of ¥3,343,649.75, a decrease from ¥3,705,314.22 in the previous period[19] - The weighted average return on equity was 1.11%, a decrease of 17.79% from 18.90% in the previous year[4] - Inventory remained relatively stable, with a slight increase from CNY 311,732,376.68 to CNY 311,777,902.16[15] - Short-term borrowings increased from CNY 181,448,146.91 to CNY 211,716,354.50, an increase of approximately 16.7%[16]

Financial Performance - The company's operating revenue for 2021 was ¥1,459,900,056.83, representing a 21.94% increase compared to ¥1,197,272,061.32 in 2020[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,652,700.59, a significant turnaround from a loss of ¥316,617,197.82 in the previous year, marking a 103.05% improvement[22] - The net cash flow from operating activities increased by 163.36% to ¥107,076,759.66, up from ¥40,658,185.88 in 2020[22] - The basic earnings per share improved to ¥0.36, compared to a loss of ¥0.83 per share in 2020, reflecting a 143.37% increase[22] - The total assets at the end of 2021 were ¥2,092,427,705.50, a decrease of 4.90% from ¥2,200,141,210.06 at the end of 2020[22] - The net assets attributable to shareholders increased by 20.45% to ¥741,986,249.26, up from ¥616,034,757.07 in 2020[22] - The weighted average return on equity was 19.06%, a significant recovery from -40.15% in the previous year, indicating a 59.21% improvement[22] - The company reported a comprehensive diluted earnings per share of ¥0.3518 for the year[23] Cash Flow and Investments - The net cash flow from operating activities showed a strong recovery in Q4 2021, reaching approximately 81.71 million yuan, compared to a negative cash flow of -15.39 million yuan in Q3 2021[25] - The net cash flow from investment activities decreased by 69.82% to ¥45.19 million, mainly due to a substantial decline in cash recovered from the disposal of fixed and intangible assets[113] - The net cash flow from financing activities decreased by 20.40%, attributed to a significant reduction in cash received from borrowings[114] - The total investment amount for the reporting period was approximately ¥74.48 million, a decrease of 40.07% compared to ¥124.28 million in the previous year[123] - The company reported a net increase in cash and cash equivalents of -¥72.09 million, a significant decline compared to an increase of ¥3.98 million in 2020[112] Market and Industry Trends - The company reported a 169.1% year-over-year increase in the sales of new energy vehicles in China, with total sales reaching approximately 2.99 million units in 2021[33] - The domestic lithium battery output increased by 175% year-over-year in 2021, totaling 220 GWh, driven by the growth in new energy vehicle sales[33] - The global demand for lithium-ion batteries is projected to grow significantly, with an expected output of 1,550 GWh by 2025, indicating a compound annual growth rate of nearly 35%[34] - The portable energy storage market is anticipated to see a substantial increase, with global shipments expected to reach 19 million units by 2025, corresponding to a lithium battery demand exceeding 15 GWh[38] Research and Development - The company has applied for a total of 678 patents, with 531 patents granted, including 135 invention patents and 212 software copyrights as of December 31, 2021[81] - Research and development investment amounted to 110.66 million yuan, accounting for 7.58% of total revenue[86] - The company has invested in R&D for semiconductor production testing equipment, facing risks if new products do not gain market acceptance[148] - The company is committed to increasing market research efforts to better align R&D outcomes with market demands[146] Governance and Compliance - The company has maintained a governance structure that complies with relevant laws and regulations, with no unresolved governance issues reported[156] - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[158] - The company has no significant discrepancies between its governance practices and the regulations set by the China Securities Regulatory Commission[163] - The company has faced regulatory scrutiny for failing to disclose related party transactions in a timely manner, leading to administrative penalties[190] Strategic Initiatives - The company aims to expand in four major industries: lithium batteries, semiconductors, flat panel displays, and PCBs, while ensuring alignment with group strategy[132] - The company plans to expand into new markets, including the semiconductor industry, leveraging its X-ray non-destructive testing technology[89] - The company is actively pursuing new product development to enhance its market position and scale[132] - The company aims to strengthen strategic management and execution to ensure the successful completion of strategic goals, emphasizing technology innovation as a key driver for high-quality development[134] Customer and Market Relationships - The company has established long-term stable relationships with major clients, enhancing its market presence through tailored solutions[76] - The company has established stable partnerships with leading lithium battery manufacturers, including CATL and BYD, providing intelligent detection equipment for lithium batteries[57] - The company has ongoing projects including the development of a high-bandwidth characteristic impedance tester for 5G testing, which aims to enhance competitiveness in the PCB and semiconductor sectors[110] Operational Efficiency - The company has implemented management measures to enhance operational efficiency and pursue high-quality development[150] - The automatic detection systems can sort good and defective products, improving operational efficiency in production lines[60] - The company has developed a self-learning algorithm for battery detection, significantly improving detection efficiency and reducing labor costs[85] Future Outlook - The company provided a revenue guidance for 2022, projecting a growth rate of 10% to 12%[186] - The company plans to launch a new subscription model in Q2 2022, aiming to increase recurring revenue by 15%[186] - The management emphasized a focus on sustainability initiatives, with a goal to reduce carbon emissions by 30% by 2025[186]

Financial Performance - The company's revenue for Q3 2021 was ¥354,167,337.75, representing a 14.57% increase compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2021 reached ¥14,254,635.24, a significant increase of 356.52% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥11,440,017.71, up 255.18% from the previous year[5] - Basic earnings per share for Q3 2021 were ¥0.04, an increase of 364.33% compared to the same period last year[5] - Total operating revenue for the third quarter of 2021 reached ¥1,135,896,678.44, an increase of 17.7% compared to ¥965,135,429.03 in the same period last year[29] - The company reported a net loss of ¥717,021,800.18, improving from a loss of ¥889,234,303.84 in the previous year[27] - The net profit for Q3 2021 was CNY 170,582,262.90, a significant increase from CNY 45,480,071.37 in Q3 2020, representing a growth of approximately 274%[30] - Operating profit reached CNY 172,402,032.19, compared to CNY 56,583,361.62 in the same period last year, indicating an increase of about 205%[30] - The company reported a total comprehensive income of CNY 170,485,594.38 for Q3 2021, compared to CNY 45,489,674.17 in Q3 2020, marking an increase of about 274%[31] - Basic and diluted earnings per share were both CNY 0.46, up from CNY 0.12 in the same quarter last year, representing a growth of 283%[31] Cash Flow and Assets - The operating cash flow for the year-to-date period was ¥25,364,265.77, reflecting a 142.85% increase[5] - The cash flow from operating activities showed a net inflow of CNY 25,364,265.77, a recovery from a net outflow of CNY 59,195,845.91 in the previous year[34] - The company's cash and cash equivalents decreased to ¥80,726,268.35 from ¥165,221,128.89, a decline of 51.1%[25] - The cash and cash equivalents at the end of the period were CNY 28,939,753.61, down from CNY 49,728,737.10 at the end of Q3 2020, indicating a decrease of approximately 41.9%[35] - Total current assets amounted to approximately CNY 1.43 billion as of Q3 2021[38] - Total non-current assets reached approximately CNY 765.48 million, with fixed assets accounting for CNY 276.23 million[38] - The company reported a total asset value of approximately CNY 2.20 billion as of Q3 2021[39] Liabilities and Equity - Total liabilities decreased to ¥1,223,011,861.02 from ¥1,570,748,408.55, a decline of 22.1%[27] - The company's equity attributable to shareholders increased to ¥787,899,763.11 from ¥616,034,757.07, an increase of 27.8%[27] - The company's total equity stood at approximately CNY 629.39 million, with a slight decrease in retained earnings[39] - The company’s long-term borrowings were reported at CNY 27 million[39] Operational Changes and Investments - The company established a wholly-owned subsidiary in Jingdezhen, Jiangxi, with an investment of RMB 100,000,000, obtaining a business license on August 12, 2021[20] - The company liquidated its wholly-owned subsidiary Beijing Zhengye Zhizao Technology Co., Ltd. to optimize resource allocation[15] - The company completed the cancellation of its Dongguan branch to streamline operations and reduce management costs[16] - The company signed a procurement contract with a related party for automation testing equipment parts, with a procurement amount of approximately RMB 29,999,705.90[20] Changes in Management and Structure - The company announced the resignation of its CFO and appointed a new CFO on August 6, 2021[20] - The company completed the transfer of 44,861,460 shares to Hesheng Investment as part of a control change process, with further transfers planned[21] - The company received approval from the State-owned Assets Supervision and Administration Commission for the transfer of control to Hesheng Investment[21] Research and Development - Research and development expenses for the third quarter were ¥90,834,435.11, up from ¥77,111,729.01, reflecting a 17.7% increase year-over-year[29] Other Financial Metrics - The company experienced a 368.51% increase in tax and additional charges due to higher income[9] - The company incurred interest expenses of CNY 12,060,178.84, compared to CNY 24,056,823.87 in the previous year, showing a reduction of about 49.9%[30] - The company experienced a credit impairment loss of CNY -4,062,355.77, contrasting with a gain of CNY 12,070,379.11 in the same period last year[30] Audit Status - The report for Q3 2021 was not audited[42]

Financial Performance - The company's revenue for Q3 2021 was ¥354,167,337.75, representing a 14.57% increase year-over-year[5] - Net profit attributable to shareholders was ¥14,254,635.24, a significant increase of 356.52% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses reached ¥11,440,017.71, up by 255.18% year-over-year[5] - Basic earnings per share for Q3 2021 was ¥0.04, an increase of 364.33% compared to the same period last year[5] - Total operating revenue for the current period reached ¥1,135,896,678.44, a 17.7% increase from ¥965,135,429.03 in the previous period[29] - Operating profit for the current period was ¥172,402,032.19, significantly higher than ¥56,583,361.62 in the previous period, marking a 204.1% increase[30] - Net profit for the current period was ¥170,582,262.90, compared to ¥45,480,071.37 in the previous period, representing a 274.5% increase[30] - Basic earnings per share increased to ¥0.46 from ¥0.12, indicating a substantial growth in profitability[31] - The company reported a total comprehensive income of ¥170,485,594.38, compared to ¥45,489,674.17 in the previous period, showing a significant increase[31] Cash Flow and Assets - The operating cash flow net amount for the year-to-date was ¥25,364,265.77, reflecting a 142.85% increase[5] - Cash flow from operating activities generated a net cash inflow of ¥25,364,265.77, a recovery from a net outflow of ¥59,195,845.91 in the previous period[34] - Cash and cash equivalents at the end of the period decreased to ¥28,939,753.61 from ¥49,728,737.10, reflecting a decline of 41.9%[35] - The company's cash and cash equivalents dropped significantly from CNY 165,221,129 to CNY 80,726,268, a decrease of approximately 51.1%[25] - Total assets at the end of the reporting period were ¥2,015,020,677.96, a decrease of 8.41% from the end of the previous year[5] - The company's current assets decreased to CNY 1,292,153,857 from CNY 1,434,660,363, reflecting a reduction of about 9.9%[25] - Total current assets amounted to CNY 1,434,660,363.13 as of Q3 2021[38] - Non-current assets totaled CNY 765,480,846.93, with fixed assets at CNY 276,229,871.33 and intangible assets at CNY 70,870,910.96[38] Shareholder and Equity Information - Shareholders' equity attributable to the parent company increased by 27.90% to ¥787,899,763.11 compared to the end of the previous year[5] - The company's equity attributable to shareholders rose to CNY 787,899,763 from CNY 616,034,757, an increase of about 27.8%[27] - The number of ordinary shareholders at the end of the reporting period was 29,762[11] - The company reported a 0.54% shareholding by Huang Chunfang, totaling 1,980,000 shares[12] - The company has not disclosed any known relationships among its top shareholders[12] Liabilities and Borrowings - The total liabilities decreased to CNY 1,223,011,861 from CNY 1,570,748,409, indicating a reduction of approximately 22.1%[27] - The company reported a significant reduction in short-term borrowings from CNY 291,080,267 to CNY 184,651,748, a decrease of approximately 36.6%[26] - The company’s long-term borrowings stood at CNY 27,000,000.00[39] Corporate Actions and Changes - The company completed the sale of a property for a transaction price of RMB 209 million on January 28, 2021[15] - The company established a wholly-owned subsidiary, Jiangxi Zhengye New Materials Co., Ltd., with an investment of RMB 100 million on August 12, 2021[20] - The company repurchased and canceled a total of 4,673,444 restricted stocks, reducing the total share capital from 373,845,506 shares to 369,172,062 shares[18] - The company liquidated its wholly-owned subsidiary, Beijing Zhengye Intelligent Manufacturing Technology Co., Ltd., to optimize resource allocation[15] - The company transferred 100% equity of its wholly-owned subsidiary, Xuan Shuo Intelligent Manufacturing, for RMB 6 million on April 26, 2021[16] - The company completed the transfer of 44,861,460 shares to He Sheng Investment, with an additional 34,580,710 shares pending transfer, indicating ongoing control changes[21] - The controlling shareholder's name changed from "Dongguan Zhengye Industrial Investment Co., Ltd." to "Suqian Chulian Technology Co., Ltd." without impacting the company's operations[22] Expenses and Financial Management - Total operating costs amounted to ¥1,030,917,853.99, up from ¥946,442,095.38, reflecting a 8.9% increase[29] - The company incurred a financial expense of ¥10,189,753.51, down from ¥21,020,513.78, indicating improved cost management[29] - Research and development expenses rose to ¥90,834,435.11 from ¥77,111,729.01, highlighting the company's commitment to innovation[29] Audit and Compliance - The report for Q3 2021 was not audited[42] - The company received a notice confirming the elimination of certain audit report reservations for the 2019 financial statements[17] - The company has implemented a new leasing standard effective from January 1, 2021, which has adjusted the financial statements accordingly[40]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 781,729,340.69, representing a 19.16% increase compared to CNY 656,011,387.88 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2021 was CNY 158,116,136.20, a significant increase of 217.81% from CNY 49,752,212.11 in the previous year[21]. - The net cash flow from operating activities reached CNY 40,751,837.10, compared to a negative cash flow of CNY -40,084,727.50 in the same period last year, marking a 201.66% improvement[21]. - The basic earnings per share for the first half of 2021 was CNY 0.42, up 223.08% from CNY 0.13 in the previous year[21]. - The weighted average return on equity for the first half of 2021 was 22.75%, an increase of 17.59% compared to 5.16% in the same period last year[21]. - The net profit after deducting non-recurring gains and losses was CNY 40,062,064.28, showing a slight decrease of 5.09% from CNY 42,212,764.75 in the previous year[21]. - The company reported a diluted earnings per share of CNY 0.42, consistent with the basic earnings per share[21]. - The company's revenue for the reporting period reached ¥781.73 million, a year-on-year increase of 19.16%, primarily driven by growth in lithium battery detection automation and other business revenues[53]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,027,202,598.65, a decrease of 7.86% from CNY 2,200,141,210.06 at the end of the previous year[22]. - The net assets attributable to shareholders increased by 25.51% to CNY 773,185,746.87 from CNY 616,034,757.07 at the end of the previous year[22]. - The company's total liabilities decreased to CNY 1,249,308,859.13 from CNY 1,570,748,408.55, reflecting a reduction of about 20.5%[196]. - The company's short-term borrowings decreased significantly to CNY 196,962,831.70 from CNY 291,080,267.47, a decline of approximately 32.2%[196]. - The company's cash and cash equivalents decreased to CNY 109.19 million, representing 5.39% of total assets, down from 7.51%[60]. Business Operations and Strategy - The company reported a significant increase in revenue from its lithium battery detection automation business, with a year-on-year growth of 165.66%[36]. - The company's main business remains stable, focusing on industrial detection in the PCB, lithium battery, and flat panel display sectors[30]. - The company continues to explore new market areas, such as semiconductor equipment, to meet the growing demand for industrial detection and automation[30]. - The company employs a "sales-driven production" model, aligning production plans with customer orders and inventory levels[32]. - The company has established a multi-disciplinary R&D team to promote continuous innovation in technology, primarily through independent research and development[31]. Research and Development - Research and development expenses amounted to ¥58.65 million, representing a 25.06% increase compared to the previous year, indicating a focus on enhancing technological capabilities[53]. - The company has undertaken 8 national key research and development projects and over 30 provincial and municipal research projects, showcasing its commitment to innovation[47]. - The company has authorized over 130 invention patents and 180 software copyrights, strengthening its competitive barriers in the market[47]. Market Position and Growth - The company ranks second in the sales ranking of "specialized equipment and instruments" in the PCB industry, with 98 of the top 100 domestic PCB manufacturers as clients[38]. - The global PCB market value was approximately $65.2 billion in 2020, with an expected growth to $78 billion by 2026[37]. - The penetration rate of new energy vehicles in China reached 4.5% by 2018, with sales of 1.27 million units, a nearly 100-fold increase from 2012[39]. - The global electric vehicle sales in 2020 were approximately 3.125 million units, showing a year-on-year growth of 41%[40]. - The global MiniLED market is projected to reach $2.322 billion by 2024, with a compound annual growth rate (CAGR) of 147.92% over six years[44]. Corporate Governance and Compliance - The company does not report any discrepancies between financial reports prepared under international accounting standards and those under Chinese accounting standards[23]. - The company has not faced any administrative penalties for environmental issues during the reporting period and complies with national environmental standards[94]. - The company emphasizes the importance of maintaining shareholder interests and compliance with market principles[103]. Divestitures and Asset Management - The company aims to optimize its asset structure and improve operational efficiency by divesting from the LED business assets[71]. - The divestiture is expected to enhance the company's sustainable development capabilities and risk resistance[71]. - The company has decided to liquidate its wholly-owned subsidiary, Beijing Zhengye Intelligent Manufacturing Technology Co., Ltd., to improve asset management efficiency[163]. Legal and Financial Disputes - The company has initiated legal proceedings against Ningxia Longneng Technology for 1.04 million yuan in unpaid debts, with ongoing enforcement actions[125]. - The company is actively pursuing debt recovery through the courts, indicating a focus on improving cash flow and financial stability[127][128]. - The company has reported a total of 36.8 million yuan in unpaid receivables from Shandong Yuhuang New Energy Technology, with ongoing enforcement actions[125]. Future Outlook - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[102]. - Future outlook remains positive, with management expressing confidence in achieving a net profit margin of 20% by 2023[102]. - The company has set a performance guidance of 10% revenue growth for the full year 2021[101].