杭州集智机电股份有限公司 2021 年第三季度报告 证券代码：300553 证券简称：集智股份 公告编号：2021-081 杭州集智机电股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 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。 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末比上 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 增减 | 年同期增减 | | | 营业收入（元） | 49,462,778.79 | 13.98% | 150,021,224.47 | 39.38% | | 归属于上市公司股东 的净利润（元） | 4,309,358.19 | 39.88% | 21,798,475.21 | 158.27% | | ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 500 million CNY for the first half of 2021, representing a year-on-year growth of 25%[20]. - The company's operating revenue for the reporting period was ¥100,558,445.68, representing a 56.54% increase compared to ¥64,236,590.98 in the same period last year[27]. - Net profit attributable to shareholders was ¥17,489,117.02, a significant increase of 226.33% from ¥5,359,352.58 year-on-year[27]. - The net profit after deducting non-recurring gains and losses reached ¥13,060,986.34, up 344.15% from ¥2,940,652.95 in the previous year[27]. - The basic earnings per share increased to ¥0.36, reflecting a growth of 227.27% compared to ¥0.11 in the same period last year[27]. - The company achieved a revenue of 100.56 million yuan, representing a year-on-year growth of 56.54%, and a net profit of 17.49 million yuan, up 226.33% compared to the previous year[49]. - The company reported a total profit of ¥24,448,173.09 for the first half of 2021, compared to ¥7,615,952.73 in the first half of 2020, marking an increase of 221.5%[161]. Assets and Liabilities - The total assets of the company reached 1.2 billion CNY, with a current ratio of 1.5, indicating strong liquidity and financial stability[20]. - Total assets at the end of the reporting period were ¥468,766,770.47, marking a 9.89% increase from ¥426,588,522.94 at the end of the previous year[27]. - The company's total assets as of June 30, 2021, amounted to ¥516,198,498.18, up from ¥432,953,728.52 at the end of 2020, representing a growth of 19.2%[153]. - The company's total liabilities increased to ¥133,093,052.78 as of June 30, 2021, from ¥61,042,130.88 at the end of 2020, a rise of 118.0%[154]. Research and Development - The company plans to invest 50 million CNY in R&D for new product development and technological innovation in the next fiscal year[20]. - The R&D team consists of 82 members, accounting for 28.67% of the total workforce, with R&D expenses amounting to 9.31 million yuan, which is 16.36% of the revenue[50]. - The company has established a market-oriented R&D strategy, focusing on independent research and development while collaborating with academic institutions[36]. - The company is actively developing new products such as high-speed balancing machines and automation equipment to seek new growth points[37]. - The company has developed 24 core technologies related to fully automatic balancing machines, with 14 authorized invention patents and 33 utility model patents[45]. Market Expansion and Strategy - The company has successfully entered the automotive sector, specifically in the manufacturing of clutch pressure plates and assemblies, expanding its market presence[10]. - The company has expanded its customer base from the initial focus on the motor and home appliance sectors to include automotive, marine, and aerospace industries[37]. - The company is committed to expanding its application areas for automatic balancing machines, aiming to create new profit growth points[10]. - The company is actively exploring overseas markets to achieve stable revenue growth and mitigate risks associated with domestic competition[83]. - The company aims to expand its market presence and product applications while ensuring product quality to create new profit growth points[82]. Competition and Risks - The company faces risks from intensified market competition, with an increasing number of participants in the automatic balancing machine sector[8]. - The company emphasizes the importance of continuous technological upgrades and product improvements to maintain its competitive edge[10]. - The company has achieved a high gross margin in recent years, but potential risks such as rising labor costs and market competition could impact profitability[83]. - The company faces risks from increasing market competition and has plans to enhance R&D investment and product development to maintain its competitive edge[82]. Corporate Governance and Shareholder Relations - The company has not declared any cash dividends or stock bonuses for the current fiscal year, focusing on reinvestment for growth[11]. - The company has maintained a commitment to protecting shareholder and creditor rights, ensuring transparency in profit distribution decisions[95]. - The company did not distribute cash dividends or issue bonus shares during the reporting period[89]. - The company held its annual general meeting with a participation rate of 58.91% on April 23, 2021, and a temporary shareholders' meeting with a participation rate of 50.17% on June 17, 2021[87]. Financial Management - The company reported a net cash flow from operating activities of -¥2,351,175.44, an improvement of 76.97% from -¥10,207,969.41 in the previous year[27]. - Investment activities generated a net cash flow of ¥7,019,250.95, a 129.07% increase from -¥24,145,940.82 in the same period last year, primarily due to the redemption of financial products[52]. - The company reported a significant increase in income tax expenses, which rose by 314.33% to ¥3,296,504.32, due to a substantial increase in taxable income compared to the previous year[52]. - The company has not reported any significant changes in the composition of its profit sources during the reporting period[52]. Future Plans - The company plans to raise 308.45 million yuan through a targeted stock issuance to strengthen its R&D capabilities and expand its business scale[50]. - The company plans to focus on poverty alleviation and rural revitalization activities in the future[97]. - The company is exploring potential mergers and acquisitions to further strengthen its market position[177]. Compliance and Reporting - The half-year financial report has not been audited[103]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial statements accurately reflect its financial position and operating results[195]. - The financial statements are prepared based on the going concern assumption, with no significant doubts regarding the company's ability to continue operations for the next 12 months[192].

Financial Performance - The company's operating revenue for 2020 was ¥164,647,698.47, a decrease of 1.01% compared to ¥166,325,650.41 in 2019[23]. - The net profit attributable to shareholders for 2020 was ¥12,730,866.97, down 38.96% from ¥20,856,493.17 in 2019[23]. - The net profit after deducting non-recurring gains and losses was ¥2,315,735.55, reflecting an 86.00% decrease from ¥16,545,380.98 in 2019[23]. - The net cash flow from operating activities was ¥18,719,326.69, a decline of 12.13% compared to ¥21,303,870.05 in 2019[23]. - The total assets at the end of 2020 increased by 14.71% to ¥426,588,522.94 from ¥371,890,919.68 at the end of 2019[23]. - The company's basic earnings per share for 2020 was ¥0.27, down 37.21% from ¥0.43 in 2019[23]. - The weighted average return on equity for 2020 was 3.75%, a decrease of 2.55% from 6.30% in 2019[23]. - The company achieved total operating revenue of CNY 164.65 million in 2020, a decrease of 1.01% compared to CNY 166.33 million in 2019[49]. - The net profit attributable to the listed company was CNY 12.73 million, reflecting the impact of the COVID-19 pandemic on business operations[49]. Dividend Policy - The company reported a profit distribution plan, proposing a cash dividend of 2 RMB per 10 shares based on a total of 48,000,000 shares[11]. - The cash dividend for the fiscal year 2020 is set at 2.0 CNY per 10 shares, totaling 9,600,000 CNY, which represents 100% of the distributable profits[105][107]. - The cash dividend payout ratio for the fiscal year 2020 is 75.41% of the net profit attributable to the parent company[109]. - The company has maintained a consistent profit distribution policy, aligning with its articles of association and shareholder resolutions[106]. - The company emphasizes a profit distribution policy prioritizing cash dividends, with a minimum of 80% for mature stages without major capital expenditures[113]. - The company aims to maintain a continuous and stable profit distribution policy, aligning with legal regulations[113]. - The company will disclose the profit distribution plan and cash dividend policy in annual and semi-annual reports, ensuring transparency and compliance with regulations[116]. Research and Development - The company has a strong focus on R&D and aims to expand into new application fields to secure stable profit sources and create new growth points[9]. - The company has a research and development team of 84 people, accounting for 31.82% of the total workforce, with R&D expenses representing 16.67% of operating revenue[50]. - Research and development expenses increased by 52.88% to ¥27,447,281.20, accounting for 16.67% of operating revenue, driven by new projects and collaborations[64][68]. - The company is focusing on technology innovation and has established a partnership with Zhijiang Laboratory for collaborative development on smart fiber sensing projects[50]. - The company has filed 15 new patents during the reporting period, including 7 invention patents and 8 utility model patents[50]. - The company holds 51 patents related to automatic balancing machines, including 14 invention patents, showcasing its technological leadership[42]. Market Position and Competition - The company has maintained a high gross margin in recent years, reflecting its leading position in the domestic industry and competitive advantages in the market[10]. - The company acknowledges potential risks of declining gross margins due to increased market competition and rising labor costs[10]. - The company faces risks related to talent retention and competition, which could impact its growth and innovation capabilities[6][8]. - The company is aware of the potential for intensified market competition and malicious competition, which could adversely affect its operations[8]. - The company has successfully entered the manufacturing field of clutch pressure plates and assemblies, indicating its strong technical capabilities and market position in the motor application sector[9]. - The company has established subsidiaries to deepen its involvement in high-speed balancing technology and automation equipment, indicating a strategic focus on expanding its market presence[35]. Talent and Human Resources - The company has cultivated a team of complementary technical talents, which is crucial for its future development and competitiveness[6]. - The company plans to continuously recruit and train high-quality talent to support its development goals, ensuring a robust talent pool for future growth[95]. - The total number of employees in the company is 264, with 163 in the parent company and 101 in major subsidiaries[188]. - The employee composition includes 85 production personnel, 56 sales personnel, 84 technical personnel, 6 financial personnel, and 33 administrative personnel[188]. - The company's compensation policy combines individual and team performance to motivate employees and retain talent[189]. Subsidiaries and Investments - The company established a wholly-owned subsidiary, Hangzhou Diting Intelligent Technology Co., Ltd., with an investment of RMB 5 million, holding 100% equity[122]. - The company also set up a controlling subsidiary, Hangzhou Yujun Intelligent Equipment Co., Ltd., with a total registered capital of RMB 4 million, where the company invested RMB 2.04 million for a 51% stake[122]. - The company has invested in three subsidiaries to enhance its industrial layout, focusing on the development and production of balancing machines and related products[94]. - The company has positioned itself in the automation production line industry through its subsidiary Hangzhou Hehui Intelligent Equipment Co., Ltd., which has developed expertise in micro-motor production lines[93]. Governance and Compliance - The company has established a robust governance structure with independent directors actively involved in various committees[185]. - The company has maintained a continuous relationship with its accounting firm, Zhonghui Certified Public Accountants, for 11 years, with an audit fee of RMB 500,000[123]. - The company adheres to strict information disclosure practices, ensuring timely and accurate communication with stakeholders[195]. - The company’s governance structure aligns with the regulatory requirements set by the China Securities Regulatory Commission, with no significant discrepancies noted[196]. - Independent directors attended all board meetings and shareholder meetings, ensuring compliance with governance standards[200]. Risks and Challenges - The company faces risks related to technology talent shortages and market competition, which could impact its growth and operational stability[96][97]. - The company is experiencing increased attention from both domestic research institutions and international peers regarding its fully automatic balancing machines[8]. - The company recognizes the importance of continuous technological upgrades and product improvements to sustain its growth and market position[100].

Financial Performance - The company's revenue for Q1 2021 was ¥36,478,929.02, representing a 110.91% increase compared to ¥17,295,839.67 in the same period last year[7]. - Net profit attributable to shareholders was ¥4,112,559.65, a significant increase of 427.15% from a loss of ¥1,257,092.49 in the previous year[7]. - The net profit after deducting non-recurring gains and losses was ¥2,297,870.21, improving by 184.68% from a loss of ¥2,713,671.30[7]. - Basic earnings per share rose to ¥0.09, compared to a loss of ¥0.03 per share in the same period last year, marking a 400.00% increase[7]. - Total operating revenue for Q1 2021 reached ¥36,478,929.02, compared to ¥17,295,839.67 in the same period last year, indicating a significant increase[42]. - Net profit for Q1 2021 was ¥3,569,625.98, a recovery from a net loss of ¥2,190,834.28 in the previous year[44]. - The company reported total comprehensive income attributable to the parent company of CNY 4,112,559.65, compared to CNY -1,257,092.49 in the previous period[48]. Assets and Liabilities - Total assets at the end of the reporting period were ¥439,109,063.36, up 2.94% from ¥426,588,522.94 at the end of the previous year[7]. - The total liabilities increased to ¥92,917,502.77 from ¥84,436,588.33, indicating a rise of approximately 10.5%[36]. - The company's total assets as of March 31, 2021, amounted to ¥442,480,012.52, compared to ¥432,953,728.52 at the end of 2020[40]. - The total liabilities stood at ¥64,618,255.40, compared to ¥61,042,130.88 at the end of 2020, indicating a slight increase[40]. Cash Flow - The net cash flow from operating activities was -¥12,189,345.60, showing a slight improvement of 2.81% compared to -¥12,542,070.34 in the same period last year[7]. - The company's cash flow from investment activities showed a net inflow of CNY 5,965,139.65, a significant recovery from a net outflow of CNY 86,686,875.02 in the previous year[19]. - Cash inflow from operating activities totaled CNY 50,296,204.59, up 10.8% from CNY 45,515,897.18 in the previous period[54]. - Cash outflow from operating activities increased to CNY 47,487,307.84, compared to CNY 34,875,313.70 in the previous period, reflecting a rise of 36.2%[54]. - The net cash flow from investing activities was CNY 7,804,349.59, a significant recovery from a negative CNY 85,198,901.00 in the previous period[56]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,498[11]. - The largest shareholder, Lou Rongwei, holds 12.43% of the shares, while the second-largest shareholder, Wu Dianmei, holds 10.13%[11]. Inventory and Expenses - The company's inventory increased by 33.00% to CNY 100,860,640.95, driven by a rise in orders[18]. - The total amount of prepaid expenses rose by 129.55% to CNY 5,362,682.96, mainly due to increased advance payments to suppliers[18]. - Research and development expenses amounted to CNY 2,454,396.23, compared to CNY 2,674,704.38 in the previous period[47]. Market Position and Strategy - The company is focused on expanding its business in both domestic and international markets while adhering to its 2021 operational plan[22]. - The company plans to enhance product quality and expand application areas to uncover new profit growth points while solidifying existing customer relationships[24]. - The company has achieved a certain market position and brand recognition in the motor application field, but future growth remains uncertain due to the need for continuous technological upgrades and product improvements[23]. - The company is focused on increasing R&D investment and product development to maintain core competitiveness amid intensifying market competition[23]. Technology and Talent - The company emphasizes the importance of technology talent recruitment, primarily sourcing from top universities, and has implemented measures such as optimizing compensation structures and providing stock incentives to ensure stability among technical staff[23]. - The company has completed the development of distributed optical fiber sensing systems and AI algorithms for massive sensing signal processing in collaboration with Zhijiang Laboratory[20]. Compliance and Standards - The company has no reported violations regarding external guarantees or non-operating fund occupation by major shareholders during the reporting period[27][28]. - The company did not undergo an audit for the first quarter report[58]. - The company has not applied the new leasing standards for the current financial reporting period[57].

Profit Distribution - The company reported a profit distribution plan, proposing a cash dividend of 2 CNY per 10 shares based on a base of 48,000,000 shares [12]. - The cash dividend for the fiscal year 2020 is set at 2.0 yuan per 10 shares, totaling 9.6 million yuan, subject to shareholder approval [110]. - The total distributable profit for the year is 113,715,874.30 yuan, with the cash dividend amounting to 9,600,000.00 yuan, representing 100% of the profit distribution [106]. - In 2020, the cash dividend accounted for 75.41% of the net profit attributable to the parent company, which was 12,730,866.97 yuan [112]. - The company has maintained a consistent profit distribution policy, ensuring compliance with its articles of association and shareholder resolutions [106]. - The company proposed not to distribute profits for the fiscal year 2019, retaining all profits for business development due to significant funding needs [105]. - The company has a profit distribution policy that prioritizes cash dividends, with a minimum cash dividend ratio of 80% for mature stages without major capital expenditures [116]. - The company plans to distribute profits at least once a year after the annual shareholders' meeting, with a minimum of 10% of the annual distributable profit allocated as cash dividends [117]. - The company commits to maintaining the continuity and stability of its profit distribution policy, ensuring that cumulative cash dividends over three consecutive years are at least 30% of the average annual distributable profit [117]. - The company will not implement cash dividends if there are significant investment plans or cash expenditures exceeding 30% of the latest audited total assets within the next twelve months [117]. - The company emphasizes the importance of maintaining shareholder rights and interests in its profit distribution strategy [116]. - The company will maintain a cash dividend ratio of no less than 20% of the total profit distribution, with cash dividends accounting for at least 10% of the distributable profit for the year [119]. - The company will retain undistributed profits primarily for significant investments, acquisitions, and equipment purchases to gradually expand its operational scale and optimize its financial structure [119]. - The independent directors are responsible for providing independent opinions on profit distribution proposals, ensuring transparency and compliance with regulations [119]. - The company will actively communicate with shareholders, especially minority shareholders, regarding cash dividend proposals through various channels [119]. Financial Performance - The company's operating revenue for 2020 was ¥164,647,698.47, a decrease of 1.01% compared to ¥166,325,650.41 in 2019 [24]. - Net profit attributable to shareholders was ¥12,730,866.97, down 38.96% from ¥20,856,493.17 in the previous year [24]. - The net profit after deducting non-recurring gains and losses was ¥2,315,735.55, reflecting an 86.00% decline from ¥16,545,380.98 in 2019 [24]. - The company's total assets increased by 14.71% to ¥426,588,522.94 at the end of 2020, compared to ¥371,890,919.68 at the end of 2019 [24]. - The basic earnings per share decreased by 37.21% to ¥0.27 from ¥0.43 in 2019 [24]. - The company reported a net cash flow from operating activities of ¥18,719,326.69, down 12.13% from ¥21,303,870.05 in 2019 [24]. - The main business revenue accounted for 87.60% of total revenue, while other business income made up 12.40% [34]. - The company has seen a 50.60% decrease in cash and a 124.33 times increase in trading financial assets, primarily due to investments in financial products [42]. - Inventory has increased by 32.08% due to a rise in unfulfilled orders, indicating growing demand for the company's products [42]. - The company reported a significant increase in sales in the home appliance sector, which helped offset declines in the automotive parts industry [50]. Research and Development - The company has cultivated a team of complementary technical talents, which is crucial for its future development and innovation [7]. - The R&D department is responsible for product innovation and collaborates with academic institutions for advanced research [35]. - The company had 84 R&D personnel, accounting for 31.82% of the total workforce, with R&D expenses representing 16.67% of total revenue [51]. - Research and development expenses increased by 52.88% to ¥27,447,281.20 in 2020, representing 16.67% of total operating revenue, driven by new projects and increased personnel costs [69]. - The company applied for 15 new patents during the reporting period, including 7 invention patents and 8 utility model patents [51]. - The company holds 51 patents related to automatic balancing machines, including 14 invention patents, showcasing its technological leadership in the industry [43]. - The company completed several R&D projects in 2020, including a five-station flexible intelligent balancing machine and a fully automatic tire balancing and detection line [67][68]. - The company is collaborating with Zhijiang Laboratory on smart fiber sensing projects to explore innovative mechanisms for technology transfer and development [51]. - The company has established a strong brand presence, successfully entering partnerships with major firms like Bosch and Valeo, enhancing its market influence [44]. Market Position and Strategy - The company has successfully entered the manufacturing field of clutch pressure plates and assemblies, achieving a certain market position and brand recognition in the motor application sector [10]. - The company focuses on the research, design, production, and sales of fully automatic balancing machines, which are widely used in various industries [34]. - The company has focused on the automotive rotating parts sector, enhancing R&D and market expansion for automatic balancing machines, which has significantly improved market competitiveness [36]. - The automatic balancing machine market in China is fully competitive, with significant growth opportunities driven by industrial transformation and automation trends [39]. - The automotive parts industry is rapidly evolving, with increasing demands for quality and process control, presenting further opportunities for the company's advanced manufacturing solutions [40]. - The company aims to respond to the "Made in China 2025" strategy by expanding into high-precision fields such as aerospace and nuclear power [93]. - The company is committed to becoming a significant player in the automation and intelligent manufacturing sectors, leveraging its accumulated resources and technology [93]. - The company plans to establish 5 new regional service centers in China and 3 overseas in India, Mexico, and Germany to enhance market presence [46]. - The company is expanding its product application areas from electric motors to automotive, pumps, and fans, which may present market expansion risks [100]. Risks and Challenges - The company faces risks related to talent retention and competition, which could impact its growth and innovation capabilities [7][9]. - The company acknowledges potential risks of declining gross margins due to increased market competition and rising labor costs [11]. - The company is aware of the increasing attention from international peers and the potential for intensified market competition [9]. - The company faces risks related to technology talent shortages and market competition, which could impact its growth and operational stability [97][98]. Corporate Governance - The company has established a governance structure that ensures equal rights for all shareholders, particularly minority shareholders, through measures like online voting [197]. - The company has a total of 6 independent directors serving on its board, ensuring diverse oversight [189]. - The independent directors' compensation is determined based on resolutions passed by the shareholders' meeting [190]. - The company has a performance-based remuneration system for its directors and senior management, which considers the company's profitability and individual performance [190]. - The company has established a strong governance structure with independent directors actively involved in decision-making [189]. - The company has made a commitment to compensate investors for losses caused by any false records or misleading statements in the prospectus [121]. Subsidiaries and Investments - The company established a wholly-owned subsidiary, Hangzhou Diting Intelligent Technology Co., Ltd., with an investment of 5 million RMB, holding 100% equity [125]. - The company also set up a joint venture, Hangzhou Yulu Intelligent Equipment Co., Ltd., with a total registered capital of 4 million RMB, where the company holds 51% equity with an investment of 204 million RMB [125]. - The company has established subsidiaries, such as Shanghai Hengwang Intelligent Technology Co., which targets high-speed balancing technology, indicating a strategic direction for future growth [36]. - The company has invested in three subsidiaries to adjust its industrial layout, focusing on the research and production of balancing machines and related products [94]. Employee Management - The total number of employees in the company is 264, with 163 in the parent company and 101 in major subsidiaries [192]. - The company has a professional composition of 85 production personnel, 56 sales personnel, 84 technical personnel, 6 financial personnel, and 33 administrative personnel [192]. - The company conducts monthly training sessions for various departments, focusing on skill development and internal knowledge transfer [194]. - The company has established a performance evaluation and incentive mechanism for senior management, ensuring transparency and compliance with legal regulations [199]. Compliance and Transparency - The company has engaged Zhonghui Certified Public Accountants for audit services, with a fee of 500,000 RMB, maintaining a continuous service period of 11 years [126]. - The company maintains a commitment to timely and accurate information disclosure, utilizing multiple channels for investor communication [200]. - The company has not reported any significant changes in the scope of consolidated financial statements compared to the previous year [125]. - The company has not reported any significant matters regarding its subsidiaries [157].

Financial Performance - Operating revenue for the reporting period was ¥43,396,154.02, representing a year-on-year growth of 20.50%[7] - Net profit attributable to shareholders was ¥3,080,722.90, a decrease of 28.19% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,938,695.85, down 47.93% year-on-year[7] - Basic earnings per share were ¥0.06, down 33.33% year-on-year[7] - Operating profit decreased by 44.15% to ¥8,716,621.59, primarily due to increased R&D expenditures[19] - Net profit fell by 48.08% to ¥6,636,877.97, also attributed to higher R&D investments[19] - The net profit for Q3 2020 was CNY 2,759,491.14, a decrease from CNY 2,926,065.17 in the same period last year[39] - The company's net profit for Q3 2020 was CNY 6,764,511.90, a decrease of 47.1% compared to CNY 12,781,969.46 in the same period last year[46] - The total profit for Q3 2020 was CNY 9,042,850.57, a decrease of 42.5% compared to CNY 15,713,567.91 in Q3 2019[46] Assets and Liabilities - Total assets at the end of the reporting period reached ¥404,906,000.04, an increase of 8.88% compared to the previous year[7] - Total liabilities increased by 69.06% to ¥25,819,738.85, mainly due to higher inventory purchases[18] - Total liabilities amounted to CNY 66.17 million, compared to CNY 39.92 million, showing an increase of 65.8%[31] - Owner's equity totaled CNY 338.74 million, up from CNY 331.97 million, reflecting a growth of 2.3%[32] - Total cash and cash equivalents decreased significantly from CNY 152.21 million to CNY 39.70 million, a decline of 73.9%[30] - Total liabilities amount to CNY 39,919,456.98, with current liabilities at CNY 39,919,456.98 and non-current liabilities not specified[62] - The company has a total of CNY 48,073,702.47 in inventory, indicating a significant asset base[65] Cash Flow - The net cash flow from operating activities was ¥5,211,265.60, a decline of 27.77% compared to the previous year[7] - Cash flow from operating activities turned negative at -¥4,996,703.81, a decline of 170.36% compared to the previous year, due to increased cash payments related to operations[19] - Total cash inflow from operating activities was 108,259,830.45 CNY, while cash outflow was 113,256,534.26 CNY, resulting in a net cash outflow of 4,996,703.81 CNY[54] - Cash inflow from investment activities was 187,910,412.48 CNY, compared to 219,732,846.06 CNY in the previous year, with a net cash outflow of -107,356,226.45 CNY[55] - The company reported a total cash and cash equivalents balance of 39,695,987.62 CNY at the end of the period, down from 69,341,100.20 CNY year-over-year[55] Research and Development - Research and development expenses rose by 66.35% to ¥17,216,117.41, reflecting increased investment in projects such as smart optical fiber sensors[19] - Research and development expenses rose to CNY 9,215,291.74, up from CNY 3,625,171.76 in the previous year, indicating a focus on innovation[39] - R&D expenses for the year-to-date period reached CNY 17,216,117.41, compared to CNY 10,349,224.43 in the previous year, highlighting a commitment to product development[45] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,108[11] - The top ten shareholders held a combined 70.56% of the shares, with the largest shareholder owning 12.43%[11] Revenue Recognition - The company has implemented new revenue recognition standards effective January 1, 2020, impacting how revenue is recognized[68] - The company primarily sells fully automatic balancing machines, which require debugging and customer acceptance for revenue recognition[71] - Revenue from the sale of accessories is recognized immediately upon shipment, with minimal return cases[71]

Company Performance - The company reported a significant focus on the development of fully automatic balancing machines, which integrate multiple disciplines and require a high level of technical expertise [5]. - The company has established a strong market position in the electric motor application sector, achieving brand recognition and entering the automotive component manufacturing field [8]. - The company's operating revenue for the current reporting period is ¥64,236,590.98, a decrease of 16.40% compared to the same period last year [22]. - The net profit attributable to shareholders for the current period is ¥5,359,352.58, reflecting a decline of 52.11% year-over-year [22]. - The net profit after deducting non-recurring gains and losses is ¥2,940,652.95, down 68.24% from the previous year [22]. - The net cash flow from operating activities is -¥10,207,969.41, a significant decrease of 8,912.98% compared to the previous year [22]. - The total assets at the end of the reporting period amount to ¥391,959,468.64, representing a 5.40% increase from the end of the previous year [22]. - The company’s main business revenue accounts for 80.43% of total revenue, while other business income accounts for 19.57% [31]. - In the first half of 2020, the company achieved operating revenue of CNY 64.24 million, a decrease of 16.40% compared to the same period last year due to the impact of the COVID-19 pandemic [45]. - The net profit attributable to the listed company was CNY 5.36 million, significantly down from the previous year, with a notable recovery in the second quarter as operations normalized [45]. Research and Development - The company has cultivated a team of complementary technical talents, essential for sustaining its growth and innovation capabilities [5]. - The company emphasizes the importance of continuous technological upgrades and product improvements to secure new profit growth points [8]. - The company invested CNY 8.00 million in R&D, representing 12.45% of operating revenue, with 81 R&D personnel accounting for 33.33% of total employees [46]. - The company has developed 46 patents, including 13 invention patents, and has created an intelligent control system for the fully automatic balancing machine [38]. - The company signed a development cooperation agreement with Zhijiang Laboratory to explore smart optical fiber sensing projects, enhancing its R&D capabilities [46]. - The company is committed to strengthening its intellectual property protection through patent applications and internal management improvements [78]. Market Strategy - The company plans to enhance its market presence in the automotive sector by innovating and expanding its product offerings in automatic balancing machines [33]. - The company plans to establish five new regional service centers in China and three overseas in India, Mexico, and Germany to enhance market reach and customer service [40]. - The company plans to expand into new customer segments and fields to mitigate the impact of the pandemic on its core automotive parts business [45]. - The company aims to enhance cost control measures to safeguard and improve profitability [80]. - The company is focusing on expanding overseas markets to achieve stable revenue growth [80]. Financial Management - The company will not distribute cash dividends or issue bonus shares, indicating a focus on reinvestment [10]. - The company received government subsidies amounting to ¥1,318,196.45 during the reporting period [26]. - The company reported a significant increase in accounts payable, which rose to CNY 25,391,440.72 from CNY 15,272,666.89, a growth of about 66.5% [139]. - The company has maintained a capital reserve of 164,693,429.00 CNY, which is essential for future investments and stability [161]. - The company’s financial strategy appears to prioritize internal capital retention over external distribution to shareholders [165]. Risks and Challenges - The company faces risks related to talent retention and competition, which could affect its growth and operational stability [6][8]. - The company acknowledges the potential for increased market competition, which could adversely affect its operations if not managed properly [6]. - There is a risk of declining gross margin due to intensified market competition and rising labor costs, which could negatively impact profitability [80]. - The overall financial performance indicates a need for strategic adjustments to enhance profitability moving forward [168]. Subsidiaries and Investments - The company has established subsidiaries to broaden its business scope, particularly in high-speed balancing technology and automation equipment [33]. - The subsidiary Hangzhou Xinjizhi Electromechanical Co., Ltd. reported a net profit of -¥326,266.99, with total assets of ¥133,683,756 [71]. - The company has established several subsidiaries, including Hangzhou Xinjizhi Electromechanical Co., Ltd. with a registered capital of 10 million CNY, focusing on automatic balancing machines and electromechanical equipment manufacturing [73]. - Shanghai Hengwang Intelligent Technology Co., Ltd. is a subsidiary where the company holds 85% of the shares, focusing on high-speed dynamic balancing business [73]. - The company is expanding its market presence with subsidiaries in India and other regions, including a 95% stake in the Indian subsidiary, which focuses on intelligent equipment and electromechanical products [75]. Financial Statements and Compliance - The half-year financial report has not been audited [87]. - The financial statements comply with the requirements of the accounting standards, reflecting the company's financial position, operating results, and cash flows accurately [178]. - The company has not reported any new product launches or technological advancements in the current period, focusing instead on financial stability [162]. - The company has no significant doubts regarding the assumption of going concern for the next 12 months [176].

Financial Performance - Total revenue for Q1 2020 was ¥17,295,839.67, a decrease of 47.95% compared to ¥33,231,027.15 in the same period last year[7] - Net profit attributable to shareholders was -¥1,257,092.49, representing a decline of 146.04% from ¥2,730,686.83 in the previous year[7] - Basic and diluted earnings per share were both -¥0.03, down 150.00% from ¥0.06 in the same period last year[7] - The company's operating revenue for Q1 2020 was ¥17,295,839.67, a decrease of 47.95% compared to the same period last year, primarily due to delays in resuming operations caused by the COVID-19 pandemic[19] - The net profit attributable to the parent company was -¥1,257,092.49, representing a decline of 146.04% year-on-year, mainly due to the drop in revenue[18] - Net profit for Q1 2020 was a loss of CNY 2,190,834.28, compared to a profit of CNY 2,097,712.45 in the same period last year[40] - The total comprehensive income for the first quarter of 2020 was -102,362.87 yuan, compared to 5,023,060.27 yuan in the previous period[45] Cash Flow - Net cash flow from operating activities was -¥12,542,070.34, a significant drop of 6,269.14% compared to ¥203,303.32 in Q1 2019[7] - Cash inflow from operating activities was 23,592,966.68 yuan, down from 36,031,902.28 yuan year-on-year, representing a decrease of approximately 34.5%[47] - The net cash flow from operating activities was -12,542,070.34 yuan, a significant decline from 203,303.32 yuan in the previous period[48] - The net cash flow from investing activities was -86,686,875.02 yuan, worsening from -23,790,408.29 yuan year-on-year[48] - The company reported a net cash flow from financing activities of -500,000.00 yuan, unchanged from the previous period[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥371,163,195.47, a slight decrease of 0.20% from ¥371,890,919.68 at the end of the previous year[7] - The company's total liabilities as of March 31, 2020, were CNY 41,382,567.05, compared to CNY 39,919,456.98 at the end of 2019, marking an increase of about 3.7%[32] - The total assets of the company amounted to CNY 387,547,447.31, an increase from CNY 381,886,153.93 year-over-year[39] - The company's cash and cash equivalents decreased from CNY 152,048,708.58 at the end of 2019 to CNY 52,900,655.45 by March 31, 2020, representing a decline of approximately 65.2%[30] - The total liabilities increased to CNY 36,037,997.14 from CNY 30,274,340.89 year-over-year[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,414[10] - The largest shareholder, Lou Rongwei, holds 12.43% of the shares, while Hangzhou Jizhi Investment Co., Ltd. holds 10.42%[10] - There were no repurchase transactions conducted by the top 10 shareholders during the reporting period[11] Government Support and Business Strategy - The company received government subsidies amounting to ¥1,048,793.45 during the reporting period[8] - The company plans to actively expand its business areas and stabilize the development of its main business despite challenges posed by the pandemic[21] - The company increased its focus on business expansion starting in March, particularly in the small appliance sector due to increased demand during the pandemic[22] Operational Insights - The company’s major suppliers remained stable, although their operational timelines varied due to the pandemic, which did not significantly impact future operations[19] - The company’s major customers also remained stable, with changes in ranking due to varying resumption times, but the overall customer base did not change significantly[21] - The company experienced a 79.21% decrease in accounts receivable financing, totaling ¥611,251.50, due to increased endorsement transfer notes for payment[17] Investment and Research - The company reported a 13469.10% increase in trading financial assets, amounting to ¥88,199,150.68, due to investments in bank wealth management products[17] - The company’s investment income decreased by 371.13% to -¥127,781.06, primarily due to reduced profits from affiliated enterprises[17] - Research and development expenses for Q1 2020 were CNY 3,813,103.14, an increase from CNY 3,394,618.34 in the previous period[39] Changes in Accounting and Reporting - The company implemented new revenue recognition standards starting January 1, 2020, affecting how revenue is recognized[59] - The company reported no violations regarding external guarantees during the reporting period[24] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[25] - The company has not disclosed any significant changes in net profit forecasts for the upcoming reporting period[24]

Production Capacity and Market Expansion - The company's production capacity will increase from 350 units per year to 1,530 units per year, representing a growth rate of 337%[101] - The company anticipates potential market expansion risks as it enters new industries such as automotive, pumps, and fans[10] - The company plans to enhance its market presence in the automotive sector by innovating and expanding its product applications[33] - The company is expanding its product applications from electric motors to automotive, pumps, and fans, which may introduce market expansion risks[101] Financial Performance - The company's operating revenue for 2019 was CNY 166,325,650.41, representing an increase of 18.62% compared to CNY 140,222,155.13 in 2018[22] - The net profit attributable to shareholders for 2019 was CNY 20,856,493.17, a growth of 27.41% from CNY 16,370,155.50 in 2018[22] - The net cash flow from operating activities surged by 334.28% to CNY 21,303,870.05, compared to CNY 4,905,604.56 in the previous year[22] - The basic earnings per share for 2019 increased by 26.47% to CNY 0.43, up from CNY 0.34 in 2018[22] - The total assets at the end of 2019 were CNY 371,890,919.68, reflecting a 2.06% increase from CNY 364,372,818.98 at the end of 2018[22] Research and Development - The company has focused on the research and development of automatic balancing machines, which are widely used in various industries including automotive and aerospace[30] - The company plans to develop new products in online dynamic balancing and high-speed dynamic balancing, which will diversify its product line[9] - The company has established a research and development strategy that emphasizes market-oriented innovation and collaboration with academic institutions[32] - R&D expenses amounted to CNY 17.95 million, representing 10.79% of operating revenue, with 72 R&D personnel making up 30.65% of total employees[49] - The company applied for 18 new patents during the reporting period, emphasizing its commitment to innovation and intellectual property[49] Talent and Human Resources - The company has established a strong technical talent pool, but faces risks related to talent retention and competition for skilled professionals[5] - The company employs 72 R&D personnel, accounting for 12% of the total workforce, focusing on continuous innovation and product line expansion[43] - The company has set a human resources development plan to attract and train high-quality talent to support its growth strategy[98] - The company emphasizes training for different levels of employees, including new hires, grassroots staff, R&D personnel, and management[195] Profit Distribution and Shareholder Returns - The company has not declared any cash dividends or stock bonuses for the year, opting instead for a capital reserve transfer of 0 shares per 10 shares[12] - The company has a profit distribution policy that emphasizes stable returns to shareholders, with no cash dividends or stock distributions planned for the reporting period[108] - The company proposed not to distribute profits for the fiscal year 2019, retaining all profits for business development[110] - The total distributable profit is approximately ¥103 million, with a cash dividend total of ¥0[109] - The company aims to maximize long-term development and profitability by reinvesting retained earnings into business expansion[110] Corporate Governance and Compliance - The company has maintained a continuous audit service relationship with the domestic accounting firm for 10 years[46] - The company has implemented a transparent information disclosure system, ensuring timely and accurate reporting of relevant information[200] - The company has complied with all relevant laws and regulations regarding corporate governance, with no violations reported during the reporting period[199] - The board of directors consists of 8 members, including 3 independent directors, complying with legal and regulatory requirements[198] Strategic Initiatives and Future Outlook - The company plans to complete several R&D projects in 2020, including a fully automatic tire balancing and detection line, aimed at large tire manufacturers[65] - The company aims to enhance its core competitiveness in high-end balancing equipment manufacturing by focusing on the research and development of dynamic balancing technology and related products[95] - The company plans to expand its product structure, focusing on four main types of balancing machines: multi-station automatic balancing correction machines, balancing testing machines, vertical automatic balancing machines, and high-speed balancing machines[95] - The company has set a performance guidance for 2020, projecting a revenue growth of 10% to 15% based on current market trends[185] Market Competition and Risks - The company acknowledges the risk of insufficient operation or unsold products due to economic fluctuations and market changes[8] - The company is aware of intensified market competition, both domestically and internationally, which could impact its operations[7] - The company emphasizes the importance of continuous technological innovation and product development to maintain its market position[12] - The company is focusing on developing high-speed balancing and automation production lines to expand its business scope[48]

证券代码：300553 证券简称：集智股份 公告编号：2019-049 杭州集智机电股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 为进一步加强与投资者的沟通交流，杭州集智机电股份有限公司（以下简称 "公司"）将参加由中国证券监督管理委员会浙江监管局指导，浙江上市公司协 会与深圳市全景网络有限公司共同举办的"沟通促发展 理性共成长"辖区上市 公司投资者网上集体接待日主题活动。现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网 上平台举行，投资者可以登录"全景·路演天下"网站（http://rs.p5w.net） 参与公司本次投资者网上接待日活动。网上互动交流时间为 2019 年 11 月 5 日（星 期二）下午 15:30-17:00。 届时公司董事长/总经理楼荣伟先生、董事会秘书/副总经理陈旭初先生、财 务总监俞金球女士（如有特殊情况，参与人员会有调整），将与投资者通过网络 在线交流的形式就公司治理、经营发展状况等投资者关心的问题进行沟通与交流。 欢迎广大投 ...