Financial Performance - The company's operating revenue for 2020 was ¥2,718,203,896.35, representing a 28.59% increase compared to ¥2,113,851,319.88 in 2019[25]. - The net profit attributable to shareholders for 2020 was ¥314,181,341.83, a 62.93% increase from ¥192,830,181.03 in 2019[25]. - The net cash flow from operating activities for 2020 was ¥542,532,934.75, up 80.42% from ¥300,703,252.90 in 2019[25]. - The total assets at the end of 2020 amounted to ¥3,629,022,821.94, a 26.65% increase from ¥2,865,356,298.77 at the end of 2019[25]. - The basic earnings per share for 2020 was ¥0.74, which is a 64.44% increase compared to ¥0.45 in 2019[25]. - The diluted earnings per share for 2020 was ¥0.73, reflecting a 62.22% increase from ¥0.45 in 2019[25]. - The weighted average return on equity for 2020 was 22.16%, up from 16.06% in 2019, an increase of 6.10%[25]. - The company reported a net profit of ¥97,411,286.78 in Q4 2020, compared to a net profit of ¥115,567,573.21 in Q3 2020[28]. - The total net assets attributable to shareholders at the end of 2020 were ¥1,559,701,691.40, a 21.98% increase from ¥1,278,607,943.11 at the end of 2019[25]. - The company achieved total operating revenue of 271,820.39 million yuan, a year-on-year increase of 28.59%[43]. - Net profit attributable to shareholders reached 31,418.13 million yuan, reflecting a year-on-year growth of 62.93%[43]. Dividend Distribution - The company plans to distribute a cash dividend of 2 RMB per 10 shares to all shareholders, based on a total of 435,600,000 shares[7]. - The total distributable profit for the year 2020 is reported at 314,181,341.83 yuan, with the cash dividend accounting for 27.73% of the net profit attributable to ordinary shareholders[143]. - The cash dividend for 2019 was 43,000,059 yuan, which represented 22.30% of the net profit attributable to ordinary shareholders[142]. - The cash dividend for 2018 was 42,694,059 yuan, accounting for 24.35% of the net profit attributable to ordinary shareholders[143]. - The company has maintained a cash dividend payout ratio of at least 20% during profit distribution[138]. - The total cash dividend amount for 2020 is 87,120,000 yuan, with no other forms of cash distribution reported[143]. - The cash dividend for 2020 is subject to approval at the annual general meeting[142]. - The company has consistently increased its cash dividend per share over the past three years[141]. - The company has maintained a clear and transparent cash dividend policy, with well-defined standards and procedures[137]. - The independent directors fulfilled their responsibilities effectively, ensuring proper governance during the profit distribution process[137]. Research and Development - The company has a strong emphasis on research and development, particularly in high polymer material molding and injection equipment[16]. - The company invested CNY 127.97 million in R&D in 2020, an increase of 21.64% compared to the previous year[50]. - The company has over 600 R&D personnel and holds more than 200 patented technologies, ensuring strong R&D capabilities[52]. - The company launched 83 new patent applications in 2020, including 28 invention patents, and received 41 authorized patents[61]. - The company is focused on technological advancements in its product offerings, particularly in the fields of automation and precision engineering[19]. Market Expansion and Operations - The company is focused on expanding its market presence and enhancing its product development capabilities through integrated product development (IPD) methodologies[16]. - The company operates multiple subsidiaries globally, including in Germany, India, Vietnam, and Brazil, to strengthen its international footprint[13]. - The company plans to expand its international market presence, with over 40 overseas distributors covering more than 70 countries and regions by the end of 2020[53]. - The company is constructing new production facilities, including a new factory in India and expansions in existing locations, to meet growing production demands[58]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge and market share[19]. Risk Management - The company is committed to addressing risks and implementing measures to ensure sustainable growth, as detailed in the report's operational analysis section[7]. - The company is facing risks from market competition, with major competitors increasing R&D investments and market expansion efforts, necessitating enhanced innovation and customer service[123]. - The company has implemented measures to mitigate risks from core personnel and technology loss, including stock incentive programs and confidentiality agreements[125]. - The company emphasizes the importance of credit management to reduce risks associated with high accounts receivable[126]. - The company is focused on optimizing inventory management to improve turnover rates and mitigate risks associated with large inventory balances[127]. Governance and Compliance - The company emphasizes strict adherence to legal regulations regarding shareholding and changes in ownership by its executives[158]. - The company has established a commitment to avoid any actions that could harm the interests of other shareholders[170]. - The company has committed to transparency and accountability in its financial practices to protect investor interests[182]. - The company has reported strict adherence to commitments regarding shareholding and financial practices, with no violations noted[179]. - The company has established measures to ensure that any unfulfilled commitments will result in penalties, including the forfeiture of earnings to the company[155].

广东伊之密精密机械股份有限公司 2021 年第一季度报告全文 广东伊之密精密机械股份有限公司 2021 年第一季度报告 2021-018 2021 年 04 月 1 广东伊之密精密机械股份有限公司 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人陈敬财、主管会计工作负责人杨远贵及会计机构负责人(会计主 管人员)武永甜声明：保证季度报告中财务报表的真实、准确、完整。 2 广东伊之密精密机械股份有限公司 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------|------------------|----------- ...

Financial Performance - Operating revenue for the reporting period was ¥808,152,502.00, representing a year-on-year growth of 65.67%[8] - Net profit attributable to shareholders was ¥115,567,573.21, a significant increase of 130.73% compared to the same period last year[8] - Basic earnings per share for the reporting period was ¥0.27, reflecting a growth of 125.00% compared to the previous year[8] - The weighted average return on net assets was 8.18%, an increase of 111.37% year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥108,487,671.71, up 150.30% year-on-year[8] - Total operating revenue for the third quarter reached ¥808,152,502, a significant increase from ¥487,817,078.79 in the previous period[58] - Net profit for the current period was ¥221,842,260.02, representing a 23.2% increase from ¥180,029,203.93 in the previous period[77] - Basic earnings per share increased to ¥0.51 from ¥0.42, reflecting a growth of 21.4%[82] Cash Flow - The net cash flow from operating activities was ¥190,611,815.07, up 286.81% year-on-year[8] - The net cash flow from operating activities surged by 190.47% to ¥283,345,208.94, up from ¥97,547,413.66, primarily due to increased sales[27] - Cash inflow from operating activities totaled CNY 1,812,691,138.55, an increase from CNY 1,579,353,307.44 year-over-year[92] - The net cash flow from operating activities was CNY 283,345,208.94, significantly higher than CNY 97,547,413.66 in the same period last year[92] - Cash inflow from financing activities was CNY 552,805,172.85, up from CNY 501,397,527.02 in the previous year[95] - The net cash flow from financing activities was -CNY 30,381,031.68, compared to a positive CNY 2,457,475.84 in the same period last year[95] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,480,511,046.78, an increase of 21.47% compared to the end of the previous year[8] - The total amount of short-term loans decreased by 35.18% to ¥205,777,671.82 from ¥317,447,077.34, reflecting improved cash management[23] - The total liabilities increased to ¥1,997,553,528.86, up from ¥1,559,342,354.54, reflecting a growth of approximately 28.2%[49] - The total current liabilities reached ¥821,720,666.84, compared to ¥547,557,346.84, reflecting an increase of approximately 49.8%[56] - The company's total assets increased to ¥3,480,511,046.78 from ¥2,865,356,298.77, indicating a growth of approximately 21.5%[49] Shareholder Information - The company reported a total of 11,331 common shareholders at the end of the reporting period[12] - The largest shareholder, Jiazhuo Holdings Limited, holds 33.75% of the shares, totaling 145,800,000 shares[12] Research and Development - Research and development expenses increased by 36.81% to ¥99,055,056.87 from ¥72,404,032.87, indicating a significant investment in innovation[25] - Research and development expenses rose to ¥99,055,056.87, a significant increase of 36.7% compared to ¥72,404,032.87 in the previous period[75] Government Subsidies - The company received government subsidies amounting to ¥16,750,793.02 during the reporting period[11] - The company’s deferred income rose by 74.11% to ¥51,798,297.33 from ¥29,749,584.07, reflecting an increase in government subsidies related to assets[23] Investor Relations - The company engaged in multiple investor communications, including meetings and calls with various institutional investors throughout July and September 2020[33] Comprehensive Income - The company reported a total comprehensive income of ¥220,010,559.10, an increase from ¥181,973,397.47 in the prior period[82] - The company reported a comprehensive income total of CNY 119,413,031.86 for the current period, compared to CNY 55,444,607.53 in the previous period, reflecting an increase of approximately 115.0%[67] Financial Expenses - Financial expenses increased to ¥36,275,220.23, up from ¥21,773,614.26, marking a rise of 66.5%[77] - The financial expenses for the current period are CNY 19,852,757.44, significantly higher than CNY 7,021,056.66 in the previous period, representing an increase of about 182.5%[64] Inventory and Accounts Receivable - Accounts receivable increased to CNY 505,197,921.64 from CNY 424,116,499.99, reflecting a rise of approximately 19.1%[40] - Inventory levels rose to CNY 841,140,356.08, compared to CNY 820,864,998.61 at the end of 2019, marking an increase of around 2.6%[40] Other Financial Metrics - The company achieved a profit margin of approximately 11.8% for the current period, compared to 11.1% in the previous period[75] - The company plans to continue expanding its market presence and invest in new product development to drive future growth[75]

Financial Performance - The company reported a revenue of 1.2 billion RMB for the first half of 2020, representing a year-on-year increase of 15%[23] - The net profit attributable to shareholders was 150 million RMB, up 20% compared to the same period last year[23] - The company's operating revenue for the reporting period was ¥1,069,936,208.81, a decrease of 5.56% compared to the same period last year[30] - The net profit attributable to shareholders was ¥101,202,481.84, down 20.93% year-on-year[30] - The net profit after deducting non-recurring gains and losses was ¥93,479,947.91, a decrease of 22.32% compared to the previous year[30] - The company achieved total operating revenue of 1,069.94 million CNY, a year-on-year decrease of 5.56% due to the impact of the COVID-19 pandemic and a downturn in the automotive industry[46] - Net profit attributable to shareholders was 101.20 million CNY, down 20.93% year-on-year, primarily due to a temporary loss in Q1 and increased R&D and financial expenses[47] - The company’s overseas market revenue was 21,345.80 million CNY, a decline of 22.01% year-on-year due to the impact of COVID-19[65] - The company’s operating revenue for the first half of 2020 was 1,069.94 million CNY, a decrease of 5.56% year-on-year[109] - The net profit attributable to shareholders for the same period was 101.20 million CNY, down 20.93% year-on-year[109] Research and Development - The company plans to invest 200 million RMB in R&D for new product development and technological advancements in 2020[23] - R&D investment for the first half of 2020 totaled 57.67 million CNY, representing a year-on-year increase of 23.32%[53] - R&D investment increased by 23.32% to 57,665,232.80 CNY, reflecting a commitment to innovation[66] - The company continues to focus on the design, research and development, production, sales, and service of injection molding machines, die-casting machines, rubber machines, high-speed packaging systems, and automation systems[39] - The company is actively adjusting its production and market strategies to mitigate risks associated with market environment changes and competition[110] - The company emphasizes enhancing product R&D and customer service to improve its competitive position in a challenging market[111] Market Expansion - The company has expanded its market presence in Southeast Asia, achieving a 25% growth in sales in that region[23] - Future guidance estimates a revenue growth of 10-15% for the second half of 2020, driven by increased demand in the automotive sector[23] - The company plans to enhance its market share in both domestic and international markets, with over 40 overseas distributors covering more than 70 countries and regions as of June 30, 2020[57] - The company is focusing on local investments and operations in key markets like India to enhance its international competitiveness[57] Production Capacity - A new production facility in Vietnam is expected to be operational by Q4 2020, aimed at increasing production capacity by 40%[23] - The introduction of a new line of high-efficiency injection molding machines is anticipated to boost profit margins by 5%[23] - The company launched a new generation of cold chamber die-casting machines, enhancing production capabilities for high-performance manufacturing[63] Cash Flow and Assets - The net cash flow from operating activities increased by 92.12% to ¥92,733,393.87[30] - The company’s cash and cash equivalents at the end of the period were 369.55 million CNY, an increase of 27.12% compared to the beginning of the period, mainly due to increased operating cash flow[49] - The company’s accounts receivable financing increased by 164.50% to 219.41 million CNY, attributed to an increase in bank acceptance bills received[49] - Total assets at the end of the reporting period were ¥3,384,667,138.69, an increase of 18.12% from the end of the previous year[30] - The net assets attributable to shareholders increased by 4.66% to ¥1,338,191,980.70[30] Environmental Impact - The total emissions of VOCs were reported at 37,296 million standard cubic meters per year, with specific concentrations for various pollutants[189] - The company’s wastewater discharge was recorded at 0.21253 million tons for the half-year period, with a total annual discharge of 1.2 million tons[192] - The company has a total hazardous waste generation of 23.709 tons for the first half of 2020[194] - The company reported a total nitrogen level of 30 mg/L and a total mercury level of 0.005 mg/L, indicating compliance with environmental standards[198] - The daytime factory noise level was recorded at 65 dB(A) and nighttime at 55 dB(A), adhering to GB 12348-200 class standards[198] Employee and Management Initiatives - The company is committed to strengthening employee incentives and creating a positive work environment to prevent core talent loss[112] - The company has implemented an employee stock incentive plan, which was approved in June 2019[135] - The company approved the first phase of the restricted stock incentive plan, granting 3.06 million shares to 44 eligible participants on July 15, 2019[136] - The second phase of the restricted stock incentive plan was approved on April 28, 2020, with independent directors expressing their opinions[141] - The company granted 1.99941 million shares to 55 eligible participants on June 3, 2020, as part of the second phase of the incentive plan[142] Financial Guarantees - The company has provided guarantees totaling 26,000 million for the first guarantee object, with an actual guarantee amount of 26.8 million[158] - The company has a total of 62 guarantee objects listed, with amounts ranging from 9.65 million to 255.47 million[166] - The total approved guarantee amount for subsidiaries during the reporting period is 271,342.08 million[182] - The actual guarantee amount incurred during the reporting period is 31,208 million[182] - The actual guarantee amount accounts for 45.63% of the company's net assets[182]

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2019, representing a year-on-year increase of 15%[26]. - The net profit attributable to shareholders was 150 million RMB, an increase of 20% compared to the previous year[26]. - The company's operating revenue for 2019 was CNY 2,113,851,319.88, representing a 4.91% increase compared to CNY 2,014,969,813.68 in 2018[32]. - The net profit attributable to shareholders for 2019 was CNY 192,830,181.03, a 9.97% increase from CNY 175,343,828.23 in 2018[32]. - The net cash flow from operating activities reached CNY 300,703,252.90, marking a significant increase of 95.58% compared to CNY 153,752,999.23 in 2018[32]. - The total assets at the end of 2019 were CNY 2,865,356,298.77, an 8.66% increase from CNY 2,637,043,893.58 at the end of 2018[32]. - The net assets attributable to shareholders increased by 12.61% to CNY 1,278,607,943.11 from CNY 1,135,396,693.06 in 2018[32]. - The basic earnings per share for 2019 was CNY 0.45, up 9.76% from CNY 0.41 in 2018[32]. - The weighted average return on net assets was 16.06%, slightly up from 15.87% in 2018[32]. - The company achieved total operating revenue of 2,113.85 million yuan, a year-on-year increase of 4.91%[50]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, with plans to establish a new manufacturing facility in Vietnam by 2021[26]. - The company is focusing on expanding its overseas market, with overseas sales growth of 18.73% year-on-year[50]. - The company expanded its international presence with over 40 overseas distributors, covering more than 70 countries and regions[59][65]. - The Indian market became the largest single overseas market for the company, with over 400 injection molding machines delivered[65]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[166]. Research and Development - The company is investing 100 million RMB in R&D for advanced molding technologies over the next three years[26]. - The company has over 600 R&D personnel and more than 200 patented technologies, ensuring strong research and development capabilities[58]. - R&D investment totaled 105.20 million yuan, reflecting a year-on-year increase of 22.43%[57]. - The company has established a partnership with a leading technology firm to enhance its R&D capabilities, focusing on automation and smart manufacturing solutions[166]. Product Development - New product development efforts include the launch of a high-efficiency injection molding machine, expected to increase production capacity by 30%[26]. - The company launched new products in response to market demands, including the H series cold chamber die-casting machines for the new energy vehicle sector[63][64]. - New product development includes the introduction of three innovative machinery models, expected to contribute an additional 300 million RMB in revenue[166]. Financial Management and Dividend Policy - The company plans to distribute a cash dividend of 1 RMB per 10 shares, based on a total of 430,000,590 shares[11]. - The total distributable profit for the year is CNY 192,830,181.03, with the cash dividend amounting to CNY 49,694,469.21, including other methods[142]. - The company has a cash dividend policy that aligns with its articles of association and distribution management measures, ensuring compliance with regulations[142]. - The company is in a growth phase with significant capital expenditure plans, maintaining a minimum cash dividend ratio of 20% in profit distribution[142]. Risk Management and Compliance - The company is actively monitoring market dynamics and adjusting strategies to mitigate risks associated with market competition and economic fluctuations[129]. - The company has committed to maintaining a strict compliance with regulations regarding shareholder transactions, ensuring transparency and accountability[167]. - The company has established measures to ensure that any profits from unfulfilled commitments will be returned to the company[156]. - The company has committed to strict adherence to its promises, with no violations reported[156]. Shareholder Relations and Governance - The company has been actively engaging with institutional investors through multiple communication activities throughout 2019[134][136]. - The company has established a framework for shareholder proposals and voting rights, allowing for active participation in corporate governance[162]. - The company has committed to a transparent communication process among shareholders regarding major decisions, fostering collaboration and consensus[162]. - The company has outlined its governance structure, specifying that key decisions will require consensus among major shareholders to ensure aligned interests[162]. Challenges and Future Outlook - The company faced risks from the COVID-19 pandemic, which severely impacted operations, particularly in the first two months of 2020, leading to a significant drop in new orders[128]. - The company reported a significant decline in Q1 2020 revenue, amounting to CNY 352.96 million, a decrease of 27.15% year-on-year, with a net profit attributable to shareholders of CNY -13.54 million, down 125.65% year-on-year[128]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on new product launches and market expansion strategies[166].

广东伊之密精密机械股份有限公司 2020 年第一季度报告全文 广东伊之密精密机械股份有限公司 2020 年第一季度报告 2020-020 2020 年 04 月 1 广东伊之密精密机械股份有限公司 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。 公司负责人陈敬财、主管会计工作负责人杨远贵及会计机构负责人(会计主 管人员)武永甜声明：保证季度报告中财务报表的真实、准确、完整。 2 广东伊之密精密机械股份有限公司 2020 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 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-----------------------------|-------------- ...

广东伊之密精密机械股份有限公司 2019 年第三季度报告全文 广东伊之密精密机械股份有限公司 2019 年第三季度报告 2019-070 2019 年 10 月 1 广东伊之密精密机械股份有限公司 2019 年第三季度报告全文 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。 公司负责人陈敬财、主管会计工作负责人杨远贵及会计机构负责人(会计主 管人员)武永甜声明：保证季度报告中财务报表的真实、准确、完整。 2 广东伊之密精密机械股份有限公司 2019 年第三季度报告全文 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|------------ ...

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2019, representing a year-on-year increase of 15%[19] - The net profit attributable to shareholders was RMB 200 million, up 10% compared to the same period last year[19] - The gross profit margin improved to 30%, an increase of 2 percentage points year-on-year[19] - Total revenue for the reporting period was ¥1,132,959,591.65, an increase of 1.71% compared to ¥1,113,965,634.91 in the same period last year[27] - Net profit attributable to shareholders was ¥127,988,409.06, reflecting a growth of 5.28% from ¥121,565,685.62 year-on-year[27] - Net profit after deducting non-recurring gains and losses reached ¥120,342,705.29, up 10.89% from ¥108,520,229.62 in the previous year[27] - The net cash flow from operating activities was ¥48,268,896.52, a significant increase of 323.08% compared to -¥19,396,226.47 in the same period last year[27] - Basic earnings per share were ¥0.30, representing a 7.14% increase from ¥0.28 year-on-year[27] - The company achieved total operating revenue of 1,132.96 million yuan, a year-on-year increase of 1.71%[44] - The net profit attributable to shareholders was 127.99 million yuan, reflecting a year-on-year growth of 5.28%[45] - Overseas market sales grew significantly, with a year-on-year increase of 23.92%[45] Research and Development - The company plans to invest RMB 300 million in R&D for new product development and technological innovation in 2019[19] - The company invested 46.76 million yuan in R&D during the first half of 2019, representing a 12.72% increase compared to the previous year[50] - The company is deepening its integrated product development (IPD) model to streamline new product development processes[57] - The company is focusing on enhancing product research and development efforts to mitigate market competition risks from both domestic and international players[98] - The company is committed to innovation and technology development, which is expected to drive future growth and market competitiveness[152] Market Expansion and Strategy - User data indicates a 20% increase in the number of active customers, reaching 5,000 by the end of June 2019[19] - The company aims to expand its market presence in Southeast Asia, targeting a 25% market share by 2021[19] - A strategic acquisition of a local competitor is expected to enhance production capacity by 40%[19] - The company is focusing on expanding its market share in emerging markets, particularly in the 5G communications sector[57] - The company is implementing a dual-brand strategy with "YIZUMI" and "HPM" to enhance its international market presence[52] - The company has established a technology service center in India and is committed to leveraging its technological advantages to tap into the growth potential of the Indian market[62] - The company has successfully opened a subsidiary in Vietnam, marking a milestone in its globalization strategy[62] Financial Management and Investments - The company has invested in foreign exchange derivatives with a total initial investment amount of RMB 645.45 million, resulting in a year-end investment amount of RMB 645.67 million, which accounts for 0.52% of the company's net assets at the end of the reporting period[80] - The company has a total of RMB 1.78 billion in foreign exchange derivatives, with a year-end valuation of RMB 1.78 billion, accounting for 1.43% of the company's net assets[83] - The company has established a derivative investment management system to regulate decision-making, authorization, risk management, and information disclosure related to financial derivatives[85] - The independent directors have approved a total investment limit of RMB 580 million in foreign exchange financial derivatives, effective for one year from the date of shareholder approval[86] - The company has not engaged in any entrusted loans during the reporting period[87] - The company has established a working group responsible for risk assessment and management of financial derivative transactions[85] - The company has identified various risks associated with derivative investments, including market risk, liquidity risk, and operational risk, and has implemented control measures to mitigate these risks[85] Shareholder and Equity Information - The company has implemented a stock incentive plan, granting 3.06 million restricted shares to 44 eligible participants on July 15, 2019[122] - The company approved a share repurchase plan with a total fund of no less than RMB 20 million and no more than RMB 45 million, with a maximum repurchase price of RMB 16.00 per share[173] - As of June 30, 2019, the company repurchased a total of 5,059,410 shares, accounting for 1.1712% of the total share capital, with a total payment of RMB 33,713,310.21[173] - The largest shareholder, Jiazhuo Holdings, holds 33.75% of the shares, totaling 145,800,000 shares[178] - The company has a total of 16,497 shareholders at the end of the reporting period[178] - The total number of shares held by directors, supervisors, and senior management increased from 13,719,200 to 23,616,800, with a net increase of 9,897,600 shares[193] Risk Management - The company is actively monitoring market dynamics and adjusting strategies to address risks associated with market environment changes[97] - The company is facing risks related to raw material price fluctuations, which could impact operational efficiency and cost control[104] - The company has established a credit management department to strengthen accounts receivable collection efforts[100] Corporate Governance and Compliance - The half-year financial report has not been audited[113] - There were no significant related party transactions during the reporting period[125] - The company has not undergone any bankruptcy restructuring during the reporting period[114] - The company has not faced any penalties or rectification issues during the reporting period[120] - The company has not reported any overdue commitments that remain unfulfilled as of the reporting date[110] - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[185] - The company has not reported any significant environmental protection issues during the reporting period[161]

Financial Performance - The company reported a total revenue of 426,940,590 RMB for the year 2018, with a cash dividend of 1 RMB per 10 shares distributed to all shareholders[6]. - The company's operating revenue for 2018 was CNY 2,014,969,813.68, representing a slight increase of 0.33% compared to CNY 2,008,314,566.36 in 2017[27]. - Net profit attributable to shareholders for 2018 decreased by 36.35% to CNY 175,343,828.23 from CNY 275,488,271.97 in 2017[27]. - The net profit after deducting non-recurring gains and losses was CNY 148,134,691.65, down 39.88% from CNY 246,415,180.98 in the previous year[27]. - The company's total assets increased by 11.42% to CNY 2,637,043,893.58 at the end of 2018, compared to CNY 2,366,789,271.82 at the end of 2017[27]. - The net assets attributable to shareholders rose by 6.07% to CNY 1,135,396,693.06 from CNY 1,070,421,567.53 in 2017[27]. - The basic earnings per share for 2018 was CNY 0.410, a decrease of 35.94% from CNY 0.64 in 2017[27]. - The weighted average return on equity for 2018 was 15.87%, down from 28.95% in 2017, reflecting a decline of 13.08%[27]. - The net cash flow from operating activities for 2018 was CNY 153,752,999.23, an increase of 4.80% compared to CNY 145,842,414.50 in 2017[27]. - The company reported a total of CNY 28,630,198.47 in government subsidies recognized in 2018, compared to CNY 34,455,923.08 in 2017[34]. Market Expansion and Development - The company aims to enhance shareholder value and has outlined future development prospects in the report, focusing on risk management and strategic responses[6]. - The company is actively engaged in research and development of new products and technologies, particularly in the field of precision machinery[12]. - The company has established a technical center in India to support its market expansion efforts in the region[12]. - The company plans to implement an integrated product development (IPD) model to streamline product development processes and reduce time to market[12]. - The company is focusing on expanding its market presence in the 3C (Computer, Communication, Consumer electronics) sector[12]. - The company has established over 50 marketing service outlets across six major regions in China, aiming to expand market share and enhance brand influence[57]. - The company has over 40 overseas distributors, with business coverage in more than 30 countries and regions as of 2018[58]. - The company plans to enhance its international market competitiveness by localizing investments and operations in key markets like India[58]. - The company aims to develop a strategic customer plan to achieve breakthroughs in strategic markets[58]. - The company established a new technical service center in Vietnam and a research and development center in Germany to enhance its global market presence[41]. Product Performance - Injection molding machines generated sales revenue of 1,332,593,400 CNY, accounting for 66.14% of total sales, with an 18.02% year-on-year growth[41]. - Sales revenue from die-casting machines was 431,478,700 CNY, representing 21.41% of total sales, down 31.91% year-on-year[42]. - Sales revenue from rubber machines was 102,655,600 CNY, accounting for 5.09% of total sales, with a 6.26% year-on-year increase[43]. - The high-speed packaging system and molds generated sales revenue of 88,007,300 CNY, making up 4.37% of total sales, with a 9.71% year-on-year growth[43]. - Sales revenue from the robotic automation system was 50,567,700 CNY, accounting for 2.51% of total sales, down 28.39% year-on-year[43]. - The all-electric injection molding machine achieved sales revenue of 35,242,500 CNY, representing 1.75% of total sales, with a significant year-on-year growth of 210.06%[45]. - The company launched several new products in 2018, including the SPACE A robotic flexible additive manufacturing system, which received its first order[66]. Strategic Focus and Risk Management - The company has a strategic focus on mergers and acquisitions to enhance its competitive position in the market[12]. - The company emphasizes the importance of risk management and has detailed its strategies for addressing potential challenges in the report[6]. - The company faces risks from market environment changes and competition, and is taking measures to strengthen R&D and brand promotion[126]. - The company is committed to improving operational efficiency through continuous improvement activities and upgrading production planning models[125]. Shareholder Commitments and Governance - The company has fulfilled all commitments made by its actual controllers, shareholders, and related parties during the reporting period and as of the end of the reporting period[145]. - The controlling shareholder, Jiazhuo Holdings Limited, committed not to transfer or entrust the management of its shares for 36 months after the company's stock listing, which has been fulfilled[145]. - The actual controllers, Chen Jingcai, Liang Jinghua, and Zhen Ronghui, made a similar commitment regarding their indirect holdings, which has also been fulfilled[145]. - The company has commitments from its directors and senior management to limit share transfers to no more than 25% of their total holdings annually after the lock-up period[147]. - Shareholders holding over 5% of the company’s shares have committed to a maximum of 20% reduction in their holdings within two years after the lock-up period, which has been fulfilled[147]. - The commitments made by the company’s shareholders regarding share reductions will be conducted legally and announced three trading days in advance[147]. - The company has ensured that all commitments remain valid regardless of changes in the positions of the individuals involved[147]. - The company has not violated any of the commitments made by its shareholders and management[145]. - The company’s commitments are designed to maintain investor confidence and ensure compliance with relevant regulations[147]. Research and Development - The company is focusing on developing rubber injection machines to become one of its leading products, achieving international advanced levels[122]. - The company is investing in new materials and processes to provide comprehensive production solutions and drive revenue growth[125]. - The company's R&D investment in 2018 totaled 87.78 million yuan, maintaining a significant investment level[56]. - R&D expenses were ¥87,779,426.05, representing 4.36% of operating revenue, with a total of 60 new patent applications filed[93][94]. Cash Flow and Dividends - The cash dividend proposed for 2018 is ¥1 per 10 shares, amounting to a total of ¥42,694,059.00, which represents 24.35% of the net profit attributable to ordinary shareholders[139]. - The cash dividend payout ratio for 2018 is 15.41% of the net profit attributable to ordinary shareholders[139]. - The company repurchased 3,921,578 shares at a total cost of ¥27,018,900.00 during the reporting period[137]. - The total cash dividends distributed in 2017 amounted to ¥77,760,000.00, which was 28.23% of the net profit[139]. - The company reported a total distributable profit of ¥175,343,828.23 for the year 2018[135]. Compliance and Legal Matters - The company has not faced any administrative or criminal penalties since its establishment[153]. - The company has not reported any breaches of commitments made during the IPO process[163]. - The company has committed to compensating investors for any losses incurred due to false statements or omissions in the prospectus[165]. - The company has established a commitment to transparency and compliance with regulatory requirements regarding shareholding[179].

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2018, representing a year-on-year growth of 15%[20] - The net profit attributable to shareholders was 150 million RMB, an increase of 20% compared to the previous year[20] - The company's operating revenue for 2018 was CNY 2,014,969,813.68, representing a slight increase of 0.33% compared to CNY 2,008,314,566.36 in 2017[27] - Net profit attributable to shareholders for 2018 decreased by 36.35% to CNY 175,343,828.23 from CNY 275,488,271.97 in 2017[27] - The net profit after deducting non-recurring gains and losses was CNY 148,134,691.65, down 39.88% from CNY 246,415,180.98 in the previous year[27] - The company's total assets increased by 11.42% to CNY 2,637,043,893.58 at the end of 2018, compared to CNY 2,366,789,271.82 at the end of 2017[27] - The net assets attributable to shareholders rose by 6.07% to CNY 1,135,396,693.06 from CNY 1,070,421,567.53 in 2017[27] - The basic earnings per share for 2018 was CNY 0.410, a decrease of 35.94% from CNY 0.640 in 2017[27] - The weighted average return on equity for 2018 was 15.87%, down from 28.95% in 2017, reflecting a decline of 13.08%[27] - The net cash flow from operating activities for 2018 was CNY 153,752,999.23, an increase of 4.80% compared to CNY 145,842,414.50 in 2017[27] Dividends and Profit Distribution - The company plans to distribute a cash dividend of 1 RMB per 10 shares, based on a total of 426,940,590 shares[6] - The cash dividend proposed for 2018 is ¥1 per 10 shares, amounting to a total of ¥42,694,059.00, which represents 24.35% of the net profit attributable to ordinary shareholders[140] - The cash dividend payout ratio for 2018 is 15.41% of the net profit attributable to ordinary shareholders[140] - The company has maintained a minimum cash dividend ratio of 20% in its profit distribution policy[135] - The company’s total cash dividends over the past three years have shown a consistent distribution strategy[139] Market Expansion and Strategy - The company is focusing on expanding its market presence in Southeast Asia, targeting a 30% increase in sales from this region in 2019[20] - The company established a new technical service center in Vietnam and a research and development center in Germany to enhance its global market presence[42] - The company plans to enhance its international market presence by leveraging its dual-brand strategy with "YIZUMI" and "HPM" to penetrate North America and Europe[59] - The company established over 50 marketing service outlets across six major regions in China, aiming to expand market share and enhance brand influence[58] - The company has over 40 overseas distributors, with business operations covering more than 30 countries and regions as of 2018[59] Product Development and Innovation - New product development includes the launch of a high-efficiency injection molding machine, expected to increase production capacity by 40%[20] - The company launched several new products in 2018, including the SPACE A robotic flexible additive manufacturing system, which received its first order[67] - R&D investment for 2018 totaled CNY 87.78 million, maintaining a strong commitment to innovation and product development[57] - The company has implemented a new integrated product development (IPD) model to streamline product launch processes and improve profitability[20] - The company is focusing on developing rubber injection machines to become one of its leading products, achieving international advanced levels[122] Financial Health and Assets - The company reported a total of CNY 28,630,198.47 in government subsidies recognized in 2018, compared to CNY 34,455,923.08 in 2017[35] - The company experienced a net loss from the disposal of non-current assets amounting to CNY 248,020.54 in 2018, an improvement from a loss of CNY 916,076.62 in 2017[35] - Other receivables at the end of 2018 amounted to CNY 9.76 million, a 58.05% increase from the beginning of the year, primarily due to increased deposits[52] - Inventory at the end of 2018 was CNY 810.96 million, up 30.23% from the beginning of the year, attributed to reduced delivery willingness from downstream customers[52] - The company's goodwill at the end of 2018 was CNY 3.81 million, a decrease of 63.89% due to impairment provisions related to the acquisition of a subsidiary[52] Shareholder Commitments and Governance - The company has fulfilled all commitments made by its actual controllers, shareholders, and related parties during the reporting period and as of the end of the reporting period[146] - The controlling shareholder, Jiazhuo Holdings Limited, committed not to transfer or entrust the management of its shares for 36 months from the date of the company's stock listing[146] - The actual controllers, Chen Jingcai, Liang Jinghua, and Zhen Ronghui, made a similar commitment regarding their indirect holdings for the same period[146] - The company has ensured compliance with relevant laws and regulations regarding shareholding and changes in shareholdings by its directors and senior management[148] - The company has committed to compensating investors for losses incurred due to any false statements or omissions in its prospectus[148] Risks and Challenges - The company faces risks from market environment changes and competition, necessitating strategic adjustments and increased R&D investment[126] - The increase in sales and management expenses was attributed to higher marketing resource investments and increased personnel costs due to company expansion[46] - The company is implementing a global development strategy through joint ventures, acquisitions, and establishing technology centers to expand overseas markets[125] Compliance and Legal Matters - The company has not faced any administrative or criminal penalties since its establishment[154] - The company will ensure compliance with relevant laws and regulations regarding shareholding and changes in shareholding by directors and senior management[154] - The company has established measures to ensure compliance with its commitments, including potential legal actions against controlling shareholders if they fail to compensate investors[161] - The company has made public commitments regarding its initial public offering (IPO) and will disclose any failures to fulfill these commitments in regular reports[161]