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。 石家庄通合电子科技股份有限公司（以下简称"公司"）定于2023年5月15 日（星期一）15:00-17:00在全景网举办2022年度业绩说明会，本次年度业绩说明 会将采用网络远程的方式举行，投资者可登陆全景网"投资者关系互动平台" （https://ir.p5w.net）参与本次年度业绩说明会。 出席本次说明会的人员有：公司董事长、总经理马晓峰先生，公司董事、副 总经理、董事会秘书冯智勇先生，公司副总经理、财务总监刘卿女士，独立董事 李彩桥女士，保荐代表人张开军先生。 为充分尊重投资者、提升交流的针对性，现就公司2022年度业绩说明会提前 向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于2023年5月 15日（星期一）15:00前访问https://ir.p5w.net/zj/，或扫描下方二维码，进入问题 征集专题页面。敬请广大投资者通过全景网系统提交您所关注的问题，便于公司 在业绩说明会上对投资者普遍关注的问题进行回答，提升此次业绩说明会的针对 性。此次活动交流期间，投资者仍可登陆活动界面进行互动提 ...

Financial Performance - The company's revenue for Q3 2022 reached ¥181,145,898.10, representing an increase of 87.35% compared to the same period last year[5] - Net profit attributable to shareholders was ¥18,703,895.27, a significant increase of 1,701.58% year-on-year[5] - The basic earnings per share (EPS) was ¥0.11, reflecting a growth of 1,000.00% compared to the previous year[5] - Total revenue for the year-to-date totaled ¥390,230,647.66, driven by substantial growth in the new energy vehicle sector[10] - Total operating revenue for Q3 2022 reached CNY 390,230,647.66, a significant increase of 61.5% compared to CNY 241,985,253.19 in the same period last year[22] - Operating profit for the period was CNY 19,657,065.92, up from CNY 2,897,510.92, reflecting a substantial growth in profitability[23] - Net profit attributable to shareholders of the parent company was CNY 19,790,481.08, compared to CNY 5,721,850.40 in the previous year, marking an increase of 245.5%[23] - The basic and diluted earnings per share for the period were both CNY 0.11, compared to CNY 0.04 in the same period last year, indicating improved earnings performance[24] - The company reported other income of CNY 16,146,163.65, up from CNY 9,796,051.59, contributing positively to overall financial performance[23] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,500,397,490.76, up 17.33% from the end of the previous year[5] - The company's total current assets as of September 30, 2022, amount to ¥1,112,898,745.69, an increase from ¥891,187,330.07 at the beginning of the year[19] - Total assets reached ¥1,500,397,490.76, compared to ¥1,278,776,055.00 at the start of the year, representing a growth of approximately 17.3%[19] - Total liabilities increased to ¥497,128,713.23 from ¥283,724,233.51, marking a rise of about 75.2%[19] - Total liabilities rose to CNY 514,529,772.44, compared to CNY 309,722,946.45 in the previous year, reflecting increased financial obligations[24] Cash Flow - Cash flow from operating activities showed a net outflow of ¥12,889,672.89, an improvement of 58.82% compared to the previous year[11] - The company reported a net cash outflow from operating activities of CNY -12,889,672.89, an improvement from CNY -31,304,448.05 in the same period last year[25] - The net cash flow from investment activities was -58,818,973.08 CNY, indicating a decrease compared to the previous period[26] - Total cash inflow from financing activities was 48,624,537.68 CNY, while cash outflow was 50,789,898.09 CNY, resulting in a net cash flow of -2,165,360.41 CNY[26] - The ending balance of cash and cash equivalents was 266,033,345.55 CNY, down from 339,907,351.93 CNY at the beginning of the period[26] - The company experienced a net decrease in cash and cash equivalents of -73,874,006.38 CNY during the quarter[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,546[13] - The largest shareholder, Jia Tongying, holds 16.58% of shares, totaling 28,757,002 shares[13] - The number of restricted shares held by major shareholders remains significant, with 19,589,770 shares under lock-up agreements[16] - The company has no preferred shareholders as indicated in the report[14] Research and Development - The company has a strong focus on R&D and market expansion strategies, although specific new products or technologies were not detailed in the provided content[15] - Research and development expenses increased to CNY 38,105,779.89, up from CNY 31,918,601.36, indicating a focus on innovation[22] Investment Activities - The company plans to invest in the domestic production of multifunctional military power supply projects, indicating a focus on market expansion and new technology development[11] - Cash outflows for investment activities totaled 199,983,029.57 CNY, reflecting substantial investment expenditures[26] - The company received 140,000,000.00 CNY related to investment activities, contributing significantly to cash inflows[26] - The company reported a cash inflow of 1,147,756.49 CNY from investment income during the quarter[26] Financial Reporting - The report was not audited, which may affect the reliability of the financial data presented[27]

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 15%[17]. - The net profit attributable to shareholders for the same period was RMB 80 million, up 20% compared to the previous year[17]. - The company's operating revenue for the first half of 2022 was ¥209,084,749.56, representing a 43.90% increase compared to ¥145,295,685.84 in the same period last year[23]. - The net profit attributable to shareholders decreased by 76.80% to ¥1,086,585.81 from ¥4,683,657.84 year-on-year[23]. - The net cash flow from operating activities was -¥32,797,794.45, a decrease of 182.81% from -¥11,597,279.51 in the same period last year[23]. - The company reported a significant increase in sales expenses by 34.68% to ¥19,417,343.51, attributed to the expansion of sales personnel and marketing efforts[67]. - The gross profit margin improved to 40%, up from 35% in the previous year, indicating better cost management[132]. - The company reported a net cash outflow from operating activities of approximately ¥32.80 million, worsening from a net outflow of ¥11.60 million in the first half of 2021[195]. User Growth and Market Expansion - User data indicates a growth in active users by 25%, reaching a total of 1.5 million users by June 30, 2022[17]. - The company plans to launch two new products in Q4 2022, focusing on advanced power conversion technologies[17]. - Future guidance estimates a revenue growth of 10-15% for the second half of 2022, driven by increased demand in the electric vehicle sector[17]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in sales in that region by the end of 2023[17]. - The company expects a revenue growth forecast of 10% for the second half of 2022, aiming for a total annual revenue of 2.2 billion CNY[131]. - A strategic acquisition of a local competitor is anticipated to enhance the company's technological capabilities and customer base[130]. Research and Development - Research and development expenses increased by 12% to RMB 50 million, reflecting the company's commitment to innovation[17]. - The company has allocated 200 million CNY for research and development in new technologies over the next two years[131]. - The company holds a total of 149 patents and 50 software copyrights, reflecting its commitment to innovation[57]. - The company has 273 technical R&D personnel, making up 30.81% of its total workforce[57]. - The company was recognized as a national enterprise technology center in 2021, enhancing its innovation capabilities[58]. Military and Defense Sector - The company’s subsidiary, Hohwei Power, focuses on low and high power DC/DC power modules and has established a strong market presence in the military equipment sector, providing reliable energy solutions[47]. - Hohwei Power's projects include a multifunctional military power supply industrialization project with an expected annual production capacity of 14,000 low power DC/DC modules and 5,000 high power DC/DC modules upon full production[51]. - The military electronics industry is expected to experience significant growth during the 14th Five-Year Plan period, driven by the acceleration of domestic production and technological advancements[55]. - Hohwei Power has established R&D centers in multiple cities, enhancing its technical capabilities and market responsiveness in the military power supply sector[52]. Environmental Responsibility - The company has implemented pollution control facilities in accordance with environmental assessment requirements, with emissions of non-methane total hydrocarbons at 4.11 mg/m³, well below the standard of ≤60 mg/m³[112]. - The company’s boiler uses low-nitrogen combustion technology, ensuring compliance with air pollutant emission standards[113]. - The company has established hazardous waste storage areas that meet environmental regulations, ensuring proper classification and storage of waste[113]. - The company has obtained environmental impact assessment approvals for all projects, adhering to national environmental standards[114]. - The company has actively responded to national carbon emission regulations by adopting solar panels to reduce electricity consumption and establishing green belts to lower carbon emissions[118]. Shareholder and Financial Management - The company approved the 2022 Restricted Stock Incentive Plan on June 10, 2022, with no objections raised during the public announcement period[108]. - The company has implemented a dual-brand, dual-supplier management strategy to effectively reduce product costs[61]. - The company has established a comprehensive quality management system and has obtained ISO 9001:2015 certification[60]. - The company reported a cumulative investment of RMB 2.70134 million in its projects, with a progress rate of 12.97% as of November 30, 2023[84]. - The company has not experienced any significant changes in the feasibility of its investment projects[86]. Risk Management - Risk management strategies have been implemented to address supply chain disruptions and market volatility[4]. - The company faces risks related to declining gross margins in the charging station power supply systems and military power products due to increased competition and rising material costs[97]. - The company is committed to enhancing its R&D efforts and optimizing management to maintain stable gross margins and introduce high-value products[98]. - The company has established long-term partnerships with key suppliers to mitigate the impact of material shortages and price increases on gross margins[97]. Financial Position - Total assets increased by 7.25% to ¥1,371,467,145.46 from ¥1,278,776,055.00 at the end of the previous year[23]. - The company's net assets attributable to shareholders decreased by 0.36% to ¥964,327,856.56 from ¥967,853,329.38 at the end of the previous year[23]. - Cash and cash equivalents decreased to ¥192,985,928.29, accounting for 14.07% of total assets, down from 26.59% last year, primarily due to the use of idle funds for purchasing financial products[72]. - The company reported a significant increase in accounts payable to ¥254,627,790.19, which is 18.57% of total assets, up 4.62% driven by increased raw material purchases due to sales growth[73].

Financial Performance - The company's operating revenue for 2021 was RMB 421,068,362.08, representing a 31.34% increase compared to RMB 320,586,339.11 in 2020[31]. - The net profit attributable to shareholders for 2021 was RMB 32,514,539.99, a decrease of 21.65% from RMB 41,497,343.25 in 2020[31]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 64.27% to RMB 23,010,897.58 from RMB 14,008,344.82 in 2020[31]. - The total assets of the company at the end of 2021 were RMB 1,278,776,055.00, a 37.54% increase from RMB 929,744,081.85 at the end of 2020[31]. - The net assets attributable to shareholders increased by 39.24% to RMB 967,853,329.38 at the end of 2021 from RMB 695,089,678.17 at the end of 2020[31]. - The company's cash flow from operating activities improved significantly, reaching RMB 1,943,083.84, compared to a negative RMB 5,024,177.72 in 2020, marking a 138.67% increase[31]. - The basic earnings per share for 2021 was RMB 0.20, down 23.08% from RMB 0.26 in 2020[31]. - The weighted average return on net assets for 2021 was 4.59%, a decrease from 5.95% in 2020[31]. - The company achieved a total revenue of 421.07 million yuan in 2021, representing a year-on-year growth of 31.34%[83]. - The net profit attributable to shareholders was 32.51 million yuan, a decrease of 21.65% compared to the previous year, while the net profit excluding non-recurring gains and losses increased by 64.27% to 23.01 million yuan[81]. Accounts Receivable and Inventory Management - The accounts receivable at the end of the reporting period amounted to 343.90 million yuan, representing a 17.00% increase compared to the beginning of the period[7]. - The company emphasizes strict management of accounts receivable to mitigate risks associated with delayed payments and potential bad debts[7]. - The inventory at the end of the reporting period was 132.78 million yuan, a 40.12% increase from the beginning of the period, primarily due to increased product and raw material stock for sales growth[13]. - The company is focused on optimizing inventory management to reduce liquidity risks associated with increased stock levels[13]. - The company is implementing a policy of "production based on sales and reasonable inventory" to manage inventory risks and ensure timely and stable raw material supply[137]. Market and Competitive Position - The company is actively pursuing market expansion and product development to enhance its competitive position in the electric power electronics industry[9]. - The company is focused on building a unique core competitive advantage in its strategic areas of smart grids, new energy vehicles, and military equipment[80]. - The company is strategically focused on three main areas: smart grids, new energy vehicles, and military equipment, ensuring balanced development and mutual support among these sectors[78]. - The company is actively engaged in research and development of new products and technologies to enhance its market position[25]. - The company is committed to continuous R&D and innovation in core technologies to maintain stable gross margins and meet market demand with high-value products[137]. Risks and Challenges - The company faces risks related to declining gross margins due to increased competition in the electric vehicle sector and rising raw material costs, which have already begun to impact margins[10]. - The company is facing risks related to industry policy changes that could impact profitability and market demand[133]. - The gross margin for the new energy vehicle sector has been declining due to increased competition and market entry of new players[136]. - The company recognizes the risk of R&D failures impacting its competitive advantage and profitability[135]. - The company is actively seeking to reduce procurement costs amid rising material prices and supply chain challenges[136]. Research and Development - The company invested in R&D with expenditures of 36.21 million, 38.94 million, and 44.79 million CNY in 2019, 2020, and 2021, representing 13.09%, 12.15%, and 10.64% of total revenue respectively[73]. - The company has established a comprehensive R&D organization with centers in Beijing, Shijiazhuang, and Xi'an, focusing on customized military power supply products[71]. - The company has obtained a total of 139 patents and 50 software copyrights, showcasing its commitment to innovation in the power electronics industry[73]. - The company employs 230 R&D personnel, accounting for 30.67% of its total workforce, emphasizing its focus on technical expertise[73]. - The company plans to continue increasing its R&D investment to support future growth and innovation[81]. Governance and Management - The company has established a complete and independent financial management system, ensuring independent financial decision-making and compliance with regulations[151]. - The company has implemented a performance evaluation and incentive mechanism linking management compensation to business performance, enhancing motivation among key personnel[147]. - The company maintains a governance structure that complies with relevant laws and regulations, ensuring transparency and accountability in operations[141]. - The company has conducted multiple shareholder meetings during the reporting period, ensuring equal treatment of all shareholders and compliance with governance rules[142]. - The company has a diverse board with independent directors and various industry experiences[164]. Shareholder Engagement and Dividends - The company plans to distribute a cash dividend of 0.30 yuan per 10 shares (including tax) based on a total of 173,453,199 shares[16]. - The total cash dividend amount is 5,203,595.97 CNY, which represents 100% of the distributable profit of 121,115,333.15 CNY[182]. - The cash dividend distribution plan aligns with the company's operational performance and future development strategy[183]. - The company has committed to a stock repurchase plan to enhance shareholder value, with an authorization of up to 100 million RMB[169]. Environmental and Social Responsibility - The company emphasizes green energy development and aims to promote energy conservation and emission reduction, contributing to ecological civilization[195]. - The company has not reported any major environmental issues or administrative penalties related to environmental protection during the reporting period[193]. - The company is committed to social responsibility, focusing on sustainable development and community engagement initiatives[196]. - The company has established a scholarship at Yanshan University since 2010 and has been actively involved in helping employees facing difficulties through a mutual aid fund since 2015[194].

Financial Performance - The company's revenue for Q1 2022 was ¥66,610,930.13, representing a 34.80% increase compared to ¥49,413,525.57 in the same period last year[3] - The net profit attributable to shareholders was -¥8,265,691.11, a decline of 124.45% from -¥3,682,703.46 year-on-year[3] - The company's basic earnings per share were -¥0.05, down 150.00% from -¥0.02 in the same period last year[3] - Operating profit for the current period was -¥8,532,681.95, worsening from -¥3,932,155.18 in the previous period[21] - Net profit for the current period was -¥8,389,365.98, compared to -¥3,682,703.46 in the same period last year, indicating a significant increase in losses[21] - The company’s total comprehensive loss for the current period was -¥8,389,365.98, compared to -¥3,682,703.46 in the previous period[22] Cash Flow and Investments - The net cash flow from operating activities was -¥34,571,225.25, a decrease of 160.24% compared to -¥13,284,265.89 in the previous year[3] - Cash flow from operating activities showed a net outflow of -¥34,571,225.25, compared to -¥13,284,265.89 in the prior period, reflecting increased cash burn[25] - The cash flow from investment activities showed a drastic decline of 2,625,871.98% to -¥142,432,637.60, primarily due to the purchase of financial products with idle funds[7] - Cash and cash equivalents at the end of the period totaled ¥163,938,234.64, down from ¥339,907,351.93 at the beginning of the period[26] - Cash and cash equivalents decreased significantly from CNY 340,062,170.93 to CNY 164,115,978.02, a decline of approximately 51.7%[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,291,970,625.91, an increase of 1.03% from ¥1,278,776,055.00 at the end of the previous year[3] - The company's total liabilities increased to CNY 331,306,883.34 from CNY 309,722,946.45 at the beginning of the year, reflecting a growth of approximately 5.1%[18] - Current assets totaled CNY 908,932,752.10, slightly up from CNY 891,187,330.07 at the start of the year, indicating a growth of about 2.6%[16] - The company's equity attributable to shareholders decreased from CNY 967,853,329.38 to CNY 959,587,638.27, a decline of about 0.3%[18] - The total non-current assets stood at CNY 383,037,873.81, down from CNY 387,588,724.93, reflecting a decrease of approximately 1.4%[17] - The company's total liabilities to total assets ratio is approximately 25.7%, indicating a stable leverage position[18] Operating Costs and Expenses - The company reported a significant increase in operating costs, which rose by 60.09% to ¥46,921,984.14 due to increased sales revenue and changes in product sales structure[7] - Total operating costs amounted to ¥75,841,931.98, up 43.3% from ¥52,944,360.65 in the prior period[20] - The company experienced a 49.95% increase in selling expenses, totaling ¥7,159,087.86, attributed to intensified market expansion efforts[7] - The company reported a significant increase in sales expenses, which rose to ¥7,159,087.86 from ¥4,774,406.34, marking a 50.0% increase[21] - Research and development expenses were ¥9,599,275.24, up 6.7% from ¥8,998,368.40 in the previous period[21] - The company incurred financial expenses of ¥680,395.98, which included interest expenses of ¥945,596.47, up from ¥699,409.54 in the previous period[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,578, with the largest shareholder holding 16.58% of the shares[9] - The company reported a total of 18,004,315 shares under executive lock-up, with 25% unlocking annually[12] - A total of 2,823,340 shares were released from lock-up on February 17, 2022, for executive Dong Shunzhong[12] - The company has 622,171 shares under lock-up that will be released 6 months after the IPO on December 17, 2021[12] - The total number of shares under lock-up for executive Liu Qing is 160,874, with a 25% annual unlocking rate[12] - The company has a total of 1,172,042 shares released from lock-up on March 24, 2022, for Xi'an Huweizhuoyue Technology Partnership[12] - The company has 1,403,956 shares under executive lock-up for Xu Weidong, with a 25% annual unlocking rate[12] - A total of 678,733 shares are under lock-up for Ningbo Ningju Asset Management Center, with a release date of 6 months post-IPO[13] - The company has 848,425 shares released from lock-up on December 17, 2021, for Shenzhen Guopiao Jinkong Venture Capital Management[13] - The company has a total of 339,367 shares under lock-up for Industrial and Commercial Bank of China, with a release date of 6 months post-IPO[13] - The company has 622,171 shares under lock-up for Taikang Life Insurance, with a release date of 6 months post-IPO[13]

Financial Performance - The company's operating revenue for Q3 2021 was ¥96,689,567.35, a decrease of 8.29% compared to the same period last year, while year-to-date revenue increased by 31.99% to ¥241,985,253.19[4] - The net profit attributable to shareholders for Q3 2021 was ¥1,038,192.56, down 94.79% year-on-year, with a year-to-date net profit of ¥5,721,850.40, reflecting an 18.20% decrease[4] - The basic earnings per share for Q3 2021 was ¥0.01, a decline of 91.67% compared to the previous year, with diluted earnings per share also at ¥0.01[4] - Total operating revenue for Q3 2021 was CNY 241,985,253.19, an increase of 32.0% compared to CNY 183,330,250.21 in the same period last year[19] - Net profit for Q3 2021 was CNY 5,721,850.40, a decrease of 18.2% from CNY 6,994,546.99 in Q3 2020[21] Assets and Liabilities - The company's total assets increased by 5.50% year-on-year to ¥980,925,782.53, while shareholders' equity rose by 0.25% to ¥696,815,813.04[5] - Total liabilities increased to CNY 284,109,969.49 in Q3 2021, up from CNY 234,654,403.68 in the same quarter last year, representing a growth of 21.0%[18] - The total equity attributable to shareholders of the parent company was CNY 696,815,813.04, slightly up from CNY 695,089,678.17 year-on-year[18] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥31,304,448.05 year-to-date, a decrease of 21.76% compared to the previous year[4] - The net cash flow from operating activities was -31,304,448.05, compared to -25,710,700.86 in the previous period, indicating a decline of approximately 22.5%[23] - Total cash inflow from operating activities amounted to 149,090,751.83, an increase from 111,875,304.54, representing a growth of about 33.1%[23] - Cash outflow from operating activities increased to 180,395,199.88 from 137,586,005.40, reflecting a rise of approximately 31.0%[23] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 53.30% to ¥145,269,420.10, attributed to rapid sales growth[8] - Accounts receivable increased to ¥330,576,435.69, up from ¥293,923,969.41 at the end of 2020, indicating a growth of about 12.5%[16] - Inventory rose significantly to ¥145,269,420.10 from ¥94,761,402.19, marking an increase of approximately 53.2%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,504, with the top ten shareholders holding a combined 56.57% of the shares[11] - The largest shareholder, 贾彤颖, holds 17.99% of the shares, equating to 28,757,002 shares[11] - The company has a total of 40,864,820 restricted shares, with 7,858,648 shares released during the reporting period[14] - The company repurchased and canceled shares due to unmet performance commitments, totaling 932,882 shares[14] Strategic Plans - The company plans to continue expanding in strategic areas such as smart grids, new energy vehicles, and military equipment, aiming for comprehensive revenue growth despite challenges[9] - The company has not disclosed any new strategies or market expansions in the current report[15] Government Subsidies - The company received government subsidies amounting to ¥1,516,827.09 during the reporting period, contributing to non-operating income[7] Research and Development - Research and development expenses for Q3 2021 were CNY 31,918,601.36, an increase of 19.9% compared to CNY 26,770,609.96 in Q3 2020[19] Other Financial Metrics - The company reported a credit impairment loss of CNY -9,254,885.58, worsening from CNY -5,887,217.97 in the previous year[19] - The company has an undistributed profit of CNY 161,355,499.96[29] - The company has a capital reserve of CNY 374,263,074.60[29] - The company has a surplus reserve of CNY 21,669,514.36[29] - The company has other equity instruments amounting to CNY -22,959,913.75[29] Audit Status - The third quarter report has not been audited[30] - The company implemented the new leasing standards from January 1, 2021, affecting retained earnings and related financial statement items[29]

Financial Performance - The company's operating revenue for the first half of 2021 was RMB 145,295,685.84, representing an increase of 86.51% compared to RMB 77,902,615.44 in the same period last year[32]. - The net profit attributable to shareholders of the listed company reached RMB 4,683,657.84, a significant turnaround from a loss of RMB 12,924,615.22 in the previous year, marking a growth of 136.24%[32]. - The net profit after deducting non-recurring gains and losses was RMB 1,055,607.37, compared to a loss of RMB 15,547,445.02 in the same period last year, reflecting an increase of 106.79%[32]. - The basic earnings per share improved to RMB 0.03 from a loss of RMB 0.08, indicating a growth of 137.50%[32]. - The company's revenue for the reporting period reached ¥145,295,685.84, representing an 86.51% increase compared to ¥77,902,615.44 in the same period last year, driven by growth in smart grid, new energy vehicles, and military equipment sectors[74]. - The net profit for the first half of 2021 was ¥4,683,657.84, a turnaround from a net loss of ¥12,924,615.22 in the first half of 2020[168]. - The total profit for the first half of 2021 was ¥4,437,715.84, compared to a total loss of ¥13,293,433.55 in the same period of 2020[168]. Assets and Liabilities - The total assets of the company at the end of the reporting period were RMB 968,208,792.54, which is a 4.14% increase from RMB 929,744,081.85 at the end of the previous year[32]. - The company's total liabilities amounted to CNY 272.45 million, an increase from CNY 234.65 million, representing a growth of approximately 16.1%[160]. - The company's accounts receivable at the end of the reporting period amounted to 318.23 million yuan, an increase of 8.27% compared to the beginning of the period[7]. - Inventory at the end of the reporting period was 121.93 million yuan, representing a 28.67% increase from the beginning of the period[13]. - The company's short-term borrowings were 59.83 million yuan, accounting for 6.18% of total liabilities, while long-term borrowings were 10 million yuan, representing 1.03%[82]. - The company's accounts payable reached 158.46 million yuan, which is 16.37% of total liabilities, reflecting a significant increase[82]. Research and Development - The company has increased its R&D investment to enhance its technological advantages and product competitiveness[9]. - The company's R&D investment for 2019, 2020, and the first half of 2021 was 36.21 million RMB, 38.94 million RMB, and 19.08 million RMB, representing 13.09%, 12.15%, and 13.13% of total revenue respectively[65]. - The company is focusing on R&D in power electronics technology to maintain its competitive edge in the market[94]. - The company plans to invest approximately 80 million RMB in the construction of a research and development center in Xi'an, aiming to enhance its R&D capabilities and attract top talent[61]. Market and Product Development - The company is actively involved in the new infrastructure construction sector, focusing on areas such as electric vehicle charging stations and power supply systems[24]. - The company launched a 20kW 1000V high-voltage fast charging product, achieving large-scale commercial use and gaining a high market share in the national grid charging equipment tender[42]. - The company plans to develop higher power charging modules (30kW, 40kW) and bidirectional charging and discharging modules to meet diverse customer needs[42]. - The company is expanding its military equipment sector by developing low-power and high-power DC/DC power modules, enhancing its market competitiveness[43]. - The company aims to leverage the growing demand for direct current power systems and smart integrated power systems driven by new energy projects[49]. Financial Management and Strategy - The company will not distribute cash dividends or issue bonus shares for the reporting period[17]. - The company is focused on optimizing its supply chain management to address the impact of rising material costs on gross profit margins[12]. - The company is actively pursuing domestic alternatives and expanding supplier channels to alleviate the impact of rising material costs on gross profit margins[96]. - The company has established a mutual aid fund to support employees facing significant hardships, reflecting its commitment to social responsibility[109]. - The company is promoting green energy initiatives and aims to contribute to ecological civilization through sustainable energy solutions[109]. Risks and Challenges - The company faces risks related to goodwill impairment from its acquisition of Hohwei Power, which may affect future profits[14]. - The company will closely monitor the operational performance of its acquired assets to mitigate goodwill impairment risks[16]. - The gross profit margin is under pressure due to rising procurement costs and increased competition in the electric vehicle and military sectors[10]. - Rising procurement costs due to global supply chain disruptions and material shortages are expected to continue impacting gross profit margins in the future[95]. - The company has not distributed cash dividends or issued bonus shares for the reporting period, indicating a focus on reinvestment[105]. Shareholder and Capital Structure - The company plans to issue shares to specific targets, with approval from the China Securities Regulatory Commission received on June 8, 2021[134]. - The total number of shares before the recent changes was 160,761,503, with a decrease of 7,681,251 shares in limited sale conditions, resulting in 33,183,569 shares remaining[138]. - Major shareholders include 贾彤颖 with 17.89% (28,757,002 shares), 马晓峰 with 14.93% (24,005,754 shares), and 李明谦 with 13.01% (20,919,414 shares)[144]. - The company is actively pursuing stock issuance to enhance its capital structure and support future growth initiatives[134].

Financial Performance - The company's operating revenue for Q1 2021 was ¥49,413,525.57, representing a 239.90% increase compared to ¥14,537,675.06 in the same period last year[7] - The net profit attributable to shareholders was -¥3,682,703.46, an improvement of 78.31% from -¥16,979,631.77 year-on-year[7] - The basic earnings per share were -¥0.02, showing an 81.82% improvement from -¥0.11 in the same period last year[7] - The total profit for the period was CNY -3.93 million, an improvement of CNY 1.33 million compared to CNY -17.20 million in the previous year[20] - The net profit attributable to shareholders was CNY -3.68 million, an increase of CNY 1.33 million from CNY -16.98 million year-on-year[20] - Net profit for Q1 2021 was a loss of CNY 3,991,098.94, compared to a loss of CNY 10,118,858.88 in the same period last year, indicating an improvement[50] - The total comprehensive income for the period was a loss of CNY 3,991,098.94, compared to a loss of CNY 10,118,858.88 in the previous year[51] Cash Flow - The net cash flow from operating activities was -¥13,284,265.89, a decline of 78.14% compared to -¥7,457,006.02 in the previous year[7] - The company reported a net cash inflow from operating activities of CNY 31,969,707.71, up from CNY 24,923,414.38 in the previous period[52] - The net cash flow from operating activities was -13,284,265.89 CNY, compared to -7,457,006.02 CNY in the previous period, indicating a decline in operational cash flow[54] - The total cash outflow from operating activities was 27,748,356.07 CNY, compared to 22,363,488.99 CNY in the previous period, indicating increased operational expenses[57] Assets and Liabilities - Total assets at the end of the reporting period were ¥934,945,642.41, a slight increase of 0.56% from ¥929,744,081.85 at the end of the previous year[7] - Total liabilities increased to CNY 243,538,667.70 from CNY 234,654,403.68, reflecting a rise of approximately 3.77%[39] - The company's total equity decreased to CNY 691,406,974.71 from CNY 695,089,678.17, showing a decline of about 0.39%[40] - The company's accounts receivable at the end of the reporting period amounted to CNY 297.79 million, representing a growth of 1.32% compared to the beginning of the period[25] - The company's accounts receivable decreased by 48.39% to CNY 9.81 million from CNY 19.01 million at the end of the previous year[18] - Total liabilities amounted to CNY 234,654,403.68, with a non-current liability total of CNY 20,283,503.07[62] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,766[10] - The top shareholder, 贾彤颖, holds 17.89% of the shares, with a total of 28,757,002 shares[10] Research and Development - Research and development expenses amounted to CNY 8.27 million, representing 16.73% of operating revenue, indicating a strong commitment to innovation[20] - The company is focusing on R&D to maintain its technological advantage and product competitiveness, with an emphasis on core technology innovation[27] Market Strategy and Risks - The company plans to strengthen market research and adjust market strategies in response to industry policy changes[25] - The company faces risks of declining gross margins due to increased competition in the electric vehicle and military sectors[27] Inventory and Receivables Management - The company has implemented strict accounts receivable management to mitigate risks associated with delayed payments and bad debts[26] - Inventory at the end of the reporting period was CNY 107.55 million, an increase of 13.49% from CNY 94.76 million at the beginning of the period[28] Other Financial Information - The company received government subsidies amounting to ¥1,222,197.97 during the reporting period, contributing positively to the financial results[8] - The company completed the acquisition of Hohui Power in 2019, which resulted in significant goodwill that requires annual impairment testing[28] - The company has maintained a stable cash position with cash and cash equivalents amounting to CNY 81.78 million at the end of the reporting period[36]

Financial Performance - The company's operating revenue for 2020 was RMB 320,586,339.11, representing a 15.85% increase compared to RMB 276,716,689.50 in 2019[26]. - The net profit attributable to shareholders for 2020 was RMB 41,497,343.25, a 38.28% increase from RMB 30,009,227.48 in 2019[26]. - The net profit after deducting non-recurring gains and losses decreased by 37.71% to RMB 14,008,344.82 from RMB 22,488,165.13 in 2019[26]. - The basic earnings per share for 2020 increased by 36.84% to RMB 0.26 from RMB 0.19 in 2019[26]. - The total assets at the end of 2020 were RMB 929,744,081.85, an 8.09% increase from RMB 860,129,687.87 at the end of 2019[26]. - The net assets attributable to shareholders at the end of 2020 were RMB 695,089,678.17, a 2.74% increase from RMB 676,552,248.67 at the end of 2019[26]. - The net cash flow from operating activities improved by 49.05%, reaching RMB -5,024,177.72 compared to RMB -9,861,596.35 in 2019[26]. - The weighted average return on equity for 2020 was 5.95%, up from 4.97% in 2019[26]. - The company achieved total revenue of 320,586,339.11 yuan in 2020, representing a year-on-year growth of 15.85%[63]. - Net profit attributable to shareholders reached 41,497,300 yuan, an increase of 38.28% compared to the previous year[58]. Accounts Receivable and Inventory - The company's accounts receivable at the end of the reporting period amounted to CNY 293.92 million, representing a growth of 21.11% compared to the beginning of the period[7]. - The company's inventory at the end of the reporting period was CNY 94.76 million, an increase of 21.61% from CNY 77.92 million at the beginning of the period[11]. - The company emphasizes the importance of strict accounts receivable management to mitigate risks associated with delayed payments[7]. - The company aims to optimize inventory management to reduce liquidity risks associated with increased stock levels[12]. - Accounts receivable rose to CNY 293.92 million, accounting for 31.61% of total assets, up from 28.21% in 2019, due to increased sales revenue[86]. - Inventory increased to CNY 94.76 million, representing 10.19% of total assets, driven by sales growth and preparations for future sales[86]. Research and Development - The company has committed to increasing R&D investment to maintain its technological advantage and product competitiveness[9]. - The company’s R&D investment for 2018, 2019, and 2020 was 24.67 million RMB, 36.21 million RMB, and 38.94 million RMB, accounting for 15.23%, 13.09%, and 12.15% of total revenue respectively[49]. - The company has accumulated 101 patents and 40 software copyrights, with 184 R&D personnel making up 28.22% of the total workforce[49]. - The company has achieved significant advancements in technology, including the implementation of resonant soft-switching technology, which enhances conversion efficiency and reduces material consumption[54]. - The company is focusing on strategic breakthroughs in smart grids, new energy vehicles, and military equipment, aiming for balanced development across these areas[50]. - The company will continue to invest in R&D to strengthen its product capabilities and maintain a competitive edge in the market[97]. - The company emphasizes the importance of aligning R&D with market demands to ensure successful product development and maintain technological advantages[101]. Market and Industry Trends - The company is actively involved in new infrastructure projects, including electric vehicle charging stations and power supply systems, aligning with national development strategies[18]. - The new energy vehicle market is expected to see significant growth due to government subsidies and tax exemptions extended until 2022[45]. - The company is positioned to benefit from the digitalization and smartization trends in the power industry, driven by national policies[40]. - The national investment in power distribution network construction and renovation is set to exceed 2 trillion yuan, providing strong momentum for the industry[41]. - The company is focusing on large customer strategies, enhancing collaboration depth and breadth with key clients[43]. - The construction of new energy charging stations is crucial for the promotion of new energy vehicles, with significant market potential[44]. Risks and Challenges - The company faces risks related to rapid growth in accounts receivable and inventory, which could impact cash flow and liquidity[7][11]. - The company acknowledges the risk of declining gross margins due to increased competition in the electric vehicle and military power supply sectors[10]. - The company anticipates potential declines in gross margins due to increased competition in the new energy vehicle and military equipment sectors[101]. - The company faces risks related to industry policy changes that could impact profitability, particularly in the smart grid and new energy vehicle sectors[98]. Corporate Governance and Shareholder Matters - The company plans to distribute a cash dividend of CNY 0.25 per 10 shares (including tax) based on a total of 160,761,503 shares[13]. - The total cash dividend for 2020 amounted to 4,019,037.58 yuan, representing 9.69% of the net profit attributable to shareholders[111]. - The company’s profit distribution plan complies with relevant regulations and ensures the protection of minority shareholders' rights[106]. - The company has made commitments to avoid engaging in competitive activities with its subsidiaries and to notify the company of any potential conflicts[124]. - The company is currently in compliance with all regulatory requirements regarding share transfers and performance commitments[123]. - The company’s performance during the reporting period has met the commitments made by its executives, with no violations reported[122]. Future Outlook - The company provided a future outlook projecting a revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion strategies[127]. - The company aims to achieve sustainable growth in scale and efficiency over the next three to five years, focusing on strategic directions in smart grids, new energy vehicles, and military equipment[96]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[129]. - The company has set a performance guidance of 1.65 billion RMB in revenue for the upcoming fiscal year, reflecting a 10% increase[127]. Employee and Management - The total number of employees in the company is 652, with 422 in the parent company and 230 in major subsidiaries[198]. - The company has a total of 264.18 million yuan in compensation paid to directors, supervisors, and senior management during the reporting period[197]. - The company has established a competitive compensation policy, which includes basic salary and performance bonuses[199]. - The company has a training plan that aligns with its talent strategy, based on training needs assessment[200]. - The management team includes experienced professionals with significant industry experience, which supports the company's operational effectiveness[189].

石家庄通合电子科技股份有限公司 2020 年第三季度报告全文 石家庄通合电子科技股份有限公司 2020 年第三季度报告 2020-050 2020 年 10 月 1 石家庄通合电子科技股份有限公司 2020 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。 公司负责人马晓峰、主管会计工作负责人刘卿及会计机构负责人(会计主管 人员)赵玉章声明：保证季度报告中财务报表的真实、准确、完整。 2 石家庄通合电子科技股份有限公司 2020 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 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 905,777,272.86 | 860,129,687.87 | | 5.31% | | 归属于上市公司股东的净资 ...