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。 深圳市超频三科技股份有限公司（以下简称"公司"）2022 年年度报告及摘 要已于 2023 年 4 月 27 日在中国证监会指定创业板上市公司信息披露网站巨潮资 讯网（http://www.cninfo.com.cn）公开披露。 为便于广大投资者能够更加深入、全面了解公司的生产经营情况，公司定于 2023 年 5 月 19 日（星期五）下午 15:00-17:00 在全景网举行 2022 年度业绩网上 说明会。本次年度业绩说明会采用网络远程的方式举行，投资者可登录全景网"投 资者关系互动平台"（http://rs.p5w.net）参与本次年度业绩说明会。 证券代码：300647 证券简称：超频三 公告编号：2023-031 深圳市超频三科技股份有限公司 关于举行 2022 年度业绩网上说明会的公告 出席本次说明会的人员有：公司董事长、总经理杜建军先生，副总经理、董 事会秘书王军先生，副总经理、财务总监毛松先生，独立董事宫兆辉先生，中泰 证券股份有限公司保荐代表人李刚先生。 为充分尊重投资者、提升交流的针对性，现就 ...

证券代码：300647 证券简称：超频三 深圳市超频三科技股份有限公司 投资者关系活动记录表 编号：20220428 | --- | --- | --- | |-----------------------------------------------------|------------------------------|-------------------------------------------------------------------------------------------------------------------| | | | | | | □特定对象调研 | □分析师会议 | | | □媒体采访 | □业绩说明会 | | 投资者关系活动类别 | □新闻发布会 | □路演活动 | | | □现场参观 | | | | ☑ 其他 电话会议 | | | | | 华夏基金、兴证全球基金、太平洋证券、中泰证券、国华人寿保险、 | | 参与单位 | | 云南产投股权投资基金、华夏久盈资产、山东颢升私募基金、华银 基金、上海汐泰投资、上海睿亿投资、上海赤钥投资 | | | | | | ...

证券代码：300647 证券简称：超频三 深圳市超频三科技股份有限公司 投资者关系活动记录表 编号：20220829 | --- | --- | --- | |--------------------|-----------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------| | | | | | | □特定对象调研 | □分析师会议 | | | □媒体采访 | □业绩说明会 | | 投资者关系活动类别 | □新闻发布会 | □路演活动 | | | □现场参观 | | | | ☑ 其他 电话会议 | | | 参与单位 | 伊萨投资、无忧基金 | 兴业全球基金、交银施罗德基金、前海开源基金、太平洋证券、信 达证券、德邦证券、财信证券、国任保险、博鸿资产、景从资产、 | | 时间 | 年 月 日 年 | 月 日 | | | 2022 8 28 - ...

Financial Performance - The company's revenue for Q3 2022 reached ¥240,696,125.38, representing a 92.82% increase year-over-year[4] - Net profit attributable to shareholders was ¥4,959,910.17, up 126.20% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥3,907,983.33, reflecting an increase of 118.69% year-over-year[4] - The basic earnings per share for the period was ¥0.0108, up 124.55% year-over-year[4] - The net profit attributable to shareholders of the listed company was 35.25 million RMB, up 301.04% year-on-year[14] - Net profit for Q3 2022 was ¥42,067,483.69, a turnaround from a net loss of ¥24,476,507.41 in Q3 2021[25] - The total comprehensive income for the third quarter of 2022 was CNY 42,479,153.51, compared to a loss of CNY 24,289,118.80 in the same period last year[26] - The basic and diluted earnings per share for the third quarter were CNY 0.0771, an increase from a loss of CNY 0.0407 per share in the previous year[26] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,243,655,222.28, a 7.43% increase from the end of the previous year[4] - The equity attributable to shareholders increased by 22.99% to ¥1,246,032,909.73 compared to the end of the previous year[4] - The company's total assets as of September 30, 2022, amounted to ¥2,243,655,222.28, up from ¥2,088,566,856.00 at the beginning of the year, reflecting an increase of approximately 7.4%[22] - Current assets totaled ¥1,345,039,803.11 as of September 30, 2022, compared to ¥1,241,633,578.33 at the start of the year, marking an increase of about 8.3%[20] - The total liabilities decreased to ¥892,964,808.57 from ¥980,371,166.37, showing a reduction of approximately 8.9%[22] - The company's equity attributable to shareholders increased to ¥1,246,032,909.73 from ¥1,013,085,983.78, reflecting a growth of about 23%[22] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥53,788,555.87, a 32.33% decrease year-to-date[4] - Cash and cash equivalents increased by 243.18% to 265.99 million RMB, primarily due to increased collections during the reporting period[13] - The net cash flow from operating activities improved by 32.33%, amounting to -53.79 million RMB, reflecting better cash collection[13] - The net cash flow from investing activities was 211.96 million RMB, a significant increase of 172.64% due to cash management of idle raised funds[13] - Cash inflow from operating activities totaled CNY 818,565,201.67, up from CNY 471,150,446.54 in the previous year, representing a growth of approximately 73.6%[29] - The net cash flow from operating activities was negative at CNY -53,788,555.87, an improvement from CNY -79,487,156.38 in the same period last year[29] - Cash flow from investing activities generated a net inflow of CNY 211,957,702.76, compared to a net outflow of CNY -291,774,893.48 in the previous year[29] - Cash flow from financing activities resulted in a net inflow of CNY 105,353,744.17, down from CNY 448,800,495.05 in the same period last year[30] - The ending balance of cash and cash equivalents was CNY 457,179,799.40, significantly higher than CNY 160,565,010.46 at the end of the previous year[30] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 771,439,221.97, compared to CNY 418,726,035.21 in the previous year[28] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 39.40% to ¥360,034,780.55, attributed to increased production of lithium battery materials[9] - The company’s long-term receivables increased by 242.37% to ¥66,064,564.46, primarily due to new PPP projects[9] - The company reported a significant increase in inventory, which rose to ¥360,034,780.55 from ¥258,305,164.06, representing an increase of approximately 39.4%[20] Research and Development - The company has initiated research and development projects for lithium battery cathode materials, indicating a focus on new product development[9] - Research and development expenses for Q3 2022 were ¥32,101,657.84, up from ¥27,486,739.59 in Q3 2021, indicating an increase of about 16.5%[25] Corporate Actions - The subsidiary, Gejiu Shengbihe, was recognized as a national-level "specialized, refined, and innovative" small giant enterprise, enhancing its brand recognition and competitiveness[17] - The company completed the cancellation of its subsidiary Jingmen Super Frequency Three Intelligent Technology Co., Ltd. to reduce management costs and integrate resources[17] - The top shareholder, Liu Yu, holds 15.46% of the shares, with 31.23 million shares pledged[12] - The company implemented an equity incentive plan through capital increase for its subsidiary Gejiu Shengbihe, adjusting its ownership stake from 54.50% to 50.14%[16] Operating Revenue and Costs - The company achieved a total operating revenue of 820.85 million RMB in the first three quarters of 2022, an increase of 126.68% compared to the same period last year[14] - Total operating revenue for Q3 2022 reached ¥820,852,540.73, a significant increase from ¥362,112,372.82 in Q3 2021, representing a growth of approximately 126.7%[24] - Total operating costs for Q3 2022 were ¥792,195,505.88, compared to ¥402,166,678.85 in the same period last year, indicating an increase of about 97%[24]

Financial Performance - The company reported a revenue of 500 million RMB for the first half of 2022, representing a year-on-year increase of 15% compared to the same period in 2021[17]. - The net profit attributable to shareholders for the first half of 2022 was 80 million RMB, up 20% from the previous year[17]. - The company anticipates a revenue guidance of 1.1 billion RMB for the full year 2022, reflecting a growth of 18% year-on-year[17]. - The company's revenue for the reporting period reached ¥580,156,415.35, representing a 144.50% increase compared to ¥237,282,700.23 in the same period last year[23]. - Net profit attributable to shareholders was ¥30,294,193.01, a significant increase of 2,065.60% from ¥1,398,881.11 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥25,417,432.56, compared to a loss of ¥3,631,291.27 in the same period last year, marking a 799.96% improvement[23]. - The company achieved total revenue of 580.1564 million yuan, an increase of 144.50% year-over-year[39]. - Net profit attributable to shareholders reached 30.2942 million yuan, up 2,065.60% compared to the same period last year[39]. - The company reported a net profit of CNY 11,986,686.60 for the first half of 2022, compared to a net loss of CNY 18,307,506.41 in the same period of 2021[193]. - The net profit for the first half of 2022 was CNY 40,547,968.87, a significant recovery from a net loss of CNY 2,010,855.98 in the same period of 2021[200]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2023[17]. - The company has identified potential acquisition targets in the smart technology sector to enhance its product offerings[17]. - The company plans to continue expanding its market presence in the rapidly growing lithium battery materials sector[65]. - The company is focused on strategic acquisitions to enhance its competitive position[175]. - The company aims to improve user data analytics to better understand market trends[175]. Research and Development - The company is investing 50 million RMB in R&D for new technologies, focusing on energy-efficient LED solutions[17]. - Research and development investment rose by 28.19% to ¥23,173,787.29 from ¥18,077,347.13, indicating a continued focus on innovation[60]. - The company is committed to maintaining its core competitiveness in lithium battery materials through proactive research and development[102]. - The company has a strong commitment to research and development in its sector[175]. Product and Business Segments - The main business focus includes the development, production, and sales of electronic product cooling devices, lithium battery cathode materials, and LED lighting fixtures[31]. - The lithium battery cathode materials business has gradually become the company's primary business segment during the reporting period[31]. - The company has established a complete industrial chain for lithium battery recycling and cathode material production, enhancing its market position[31]. - The LED lighting market is expected to expand further, with increasing demand for customized products and intelligent development[47]. - The lithium battery recycling industry is anticipated to grow significantly due to the increasing focus on battery recycling systems and government policies[44]. Financial Management and Investments - No cash dividends will be distributed for the current fiscal year, as the company aims to reinvest profits into growth initiatives[4]. - The company has accumulated a total of 539 valid authorized patents, 121 registered trademarks, and 45 copyrights, reflecting its strong commitment to intellectual property[55]. - The company has established a comprehensive marketing network both domestically and internationally, enhancing its ability to respond quickly to customer needs[58]. - The company has established a special account for the management of raised funds to ensure proper usage and protect investor interests[162]. - The company has committed to invest RMB 34,424 million in the 5G cooling industry park project, with 13.36% of the investment completed by September 30, 2023[84]. Risks and Challenges - Risk management strategies have been outlined to address potential supply chain disruptions due to global market conditions[17]. - The company faces intensified competition in the consumer electronics, lithium battery materials, and LED lighting sectors, which may impact sales[100]. - The company conducted thorough feasibility studies for investment projects, but risks remain due to market changes and unforeseen factors, potentially impacting operational performance[105]. - The company is closely monitoring the fluctuations of the RMB against other currencies to effectively manage foreign exchange risks and minimize adverse impacts on financial performance[106]. Shareholding and Corporate Governance - The actual controller Zhang Zhenghua directly holds 6.30% of the shares, while Shenzhen Jixin Taifu Investment Partnership (Limited Partnership) directly holds 9.00% of the shares[127]. - The company has committed to reducing its shareholding by no more than 30% through block trades or centralized bidding within two years after the lock-up period expires[127]. - The company emphasizes strict adherence to shareholding commitments to ensure control stability[127]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[130]. - There were no violations regarding external guarantees during the reporting period[131]. Legal and Compliance - The semi-annual financial report has not been audited[132]. - The company did not experience any bankruptcy reorganization matters during the reporting period[133]. - There were no significant litigation or arbitration matters during the reporting period[134]. - The company reported a litigation amount of 34.88 million yuan related to a guarantee contract dispute, with a judgment requiring repayment of 32.65 million yuan plus interest[135]. Operational Efficiency - The company employs a "sales-driven production" model, aligning production with market demand and sales forecasts[36]. - The sales strategy combines direct sales and distribution, with a focus on establishing long-term strategic partnerships with end customers[38]. - The company achieved a net cash inflow from operating activities of -¥23,286,165.97, an improvement of 67.62% compared to -¥71,904,717.77 in the previous year[60]. - The company reported a total of 115,919,170 shares held by major shareholders, accounting for 25.35% of the total share capital as of June 30, 2022[180].

Financial Performance - The company's revenue for Q1 2022 reached ¥334,540,495.77, representing a 161.12% increase compared to ¥128,117,686.86 in the same period last year[3] - Net profit attributable to shareholders was ¥26,407,428.01, a significant increase of 1,035.82% from ¥2,324,959.78 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥24,720,079.31, up 1,885.18% from ¥1,245,233.73 in the previous year[3] - Total operating revenue for Q1 2022 reached ¥334,540,495.77, a significant increase from ¥128,117,686.86 in the same period last year, representing a growth of approximately 161.5%[26] - Net profit for Q1 2022 was ¥35,783,064.22, compared to a net profit of ¥2,724,648.78 in Q1 2021, indicating a substantial increase[27] - The total comprehensive income for the first quarter was CNY 35,449,019.92, compared to CNY 2,581,864.77 in the previous year, showing a significant increase[28] Assets and Liabilities - The company's total assets increased by 5.81% to ¥2,209,874,990.30 from ¥2,088,566,856.00 at the end of the previous year[3] - Current assets totaled ¥1,348,723,919.04 at the end of Q1 2022, compared to ¥1,241,633,578.33 at the beginning of the year, marking an increase of approximately 8.6%[22] - The total liabilities increased to ¥1,063,662,204.55 in Q1 2022 from ¥980,371,166.37 at the start of the year, representing a rise of about 8.5%[24] - The company's inventory rose to ¥328,005,397.49 in Q1 2022, compared to ¥258,305,164.06 at the beginning of the year, indicating an increase of approximately 27%[22] - The total equity attributable to shareholders of the parent company was ¥1,039,057,746.53 at the end of Q1 2022, up from ¥1,013,085,983.78 at the beginning of the year, reflecting a growth of approximately 2.6%[24] Cash Flow - The net cash flow from operating activities improved by 39.06%, reaching -¥26,611,776.59 compared to -¥43,667,714.91 in the previous year[10] - Cash inflow from operating activities totaled CNY 309,021,064.99, up from CNY 166,645,925.85 year-over-year[31] - The net cash flow from investing activities was CNY 37,667,512.46, a turnaround from CNY -3,985,717.29 in the previous year[31] - The net cash flow from financing activities was CNY -8,933,299.93, a decrease from CNY 104,511,099.94 in the previous year[32] - The company paid CNY 63,256,632.52 in cash for debt repayment during the quarter[32] Operational Developments - The company plans to invest in the construction of a lithium battery cathode material production base, enhancing production capacity and operational capabilities[17] - The investment agreement for the lithium battery cathode material production base was signed with the Honghe Hani and Yi Autonomous Prefecture government[18] - The company will implement a stock incentive plan for its subsidiary, aiming to motivate key personnel and improve operational efficiency[19] - The company decided to deregister its subsidiary, Hubei Chao Ping San Intelligent Technology Co., Ltd., to reduce management costs[20] - The company has completed the registration of the investment entity for the lithium battery project, holding 100% equity[18] - The company is set to issue shares to specific investors to raise funds for the first phase of the lithium battery cathode material production base[19] - The company’s strategic focus remains on expanding its lithium battery material business and enhancing its competitive edge in the market[17] - The company’s management is actively pursuing various initiatives to ensure sustainable growth and profitability[17] Other Financial Metrics - The weighted average return on equity rose to 2.57%, up 2.21 percentage points from 0.36% in the same period last year[3] - The company reported a significant increase in accounts receivable, which reached ¥370,674,349.36 at the end of Q1 2022, compared to ¥344,512,035.64 at the beginning of the year, an increase of about 7.6%[22] - Research and development expenses for Q1 2022 were ¥9,943,227.96, slightly down from ¥10,810,742.75 in Q1 2021[26] - The company reported a tax refund of CNY 4,095,385.74, compared to CNY 1,946,261.73 in the previous year[31] - The company reported a 210.45% increase in operating costs, totaling ¥241,309,676.61, driven by the growth in sales revenue[10] - The company experienced a 145.68% increase in contract liabilities, amounting to ¥100,649,067.90, due to a rise in contract order volume[9] - The company recorded a significant increase in long-term receivables, which rose by 247.86% to ¥67,123,646.45, attributed to new PPP projects[9] - The company reported a 1,400.56% increase in non-operating income, totaling ¥221,912.72, due to the recognition of previously unpayable liabilities[10] - The company reported a basic and diluted earnings per share of CNY 0.06, compared to CNY 0.01 in the previous year[28] - Cash and cash equivalents at the end of the period amounted to CNY 193,050,738.76, compared to CNY 139,742,430.45 at the end of the previous year[32]

Financial Performance - The company's performance significantly declined due to substantial goodwill impairment, credit loss, and increased period expenses[5]. - The financial report indicates that the main business and core competitiveness have not experienced significant adverse changes[5]. - The company's operating revenue for 2021 was ¥579,585,637.14, a decrease of 4.88% compared to ¥609,339,026.14 in 2020[20]. - The net profit attributable to shareholders in 2021 was -¥161,666,402.74, representing a significant decline of 1,146.95% from a profit of ¥15,441,709.21 in 2020[20]. - The net cash flow from operating activities was -¥111,990,828.03 in 2021, a decrease of 848.45% compared to ¥14,963,092.63 in 2020[20]. - The total assets at the end of 2021 increased by 44.79% to ¥2,088,566,856.00 from ¥1,442,431,561.12 at the end of 2020[20]. - The net assets attributable to shareholders rose by 56.19% to ¥1,013,085,983.78 at the end of 2021, compared to ¥648,637,023.33 at the end of 2020[20]. - The company reported a basic earnings per share of -¥0.40 in 2021, down from ¥0.04 in 2020, marking a decline of 1,100.00%[20]. - The company achieved total revenue of 579.59 million yuan and a net profit attributable to shareholders of -161.67 million yuan[49]. Business Strategy and Development - The company aims to enhance its industry position, business competitiveness, and sustainable development capabilities[5]. - The company will continue to focus on improving operational performance and industry standing[5]. - The company aims to expand its business into LED lighting fixtures and energy-saving services, leveraging its cooling technology expertise[43]. - The company is positioned to benefit from the ongoing trends in the PC and LED lighting markets, as well as the growth of the lithium battery sector driven by global energy and environmental concerns[38]. - The company plans to actively promote the construction of a 5G cooling industrial park to enhance its product strategy in the 5G cooling market[121]. - The company plans to focus on expanding its lithium battery cathode materials business, leveraging its complete industrial chain from recycling to production, aiming to enhance profitability[120]. Market and Industry Trends - The LED lighting market in China has a significant global market share, with a trend towards increased domestic production in the cooling component industry due to the rapid development of the LED lighting sector[31]. - The lithium battery cathode material market has experienced rapid growth, driven by the increasing demand for new energy vehicles, with a notable shift towards high nickel, low cobalt, or cobalt-free materials to reduce costs[36][37]. - The competitive landscape in the LED lighting sector is intensifying, with increasing market concentration and a push towards smart LED products[34]. - The energy-saving service industry is growing, with a focus on industrial and commercial lighting, where the EMC model is gaining traction due to its cost advantages[36]. Research and Development - The company focuses on the research and application of cooling technology, providing innovative cooling solutions for electronic products, including consumer electronics, LED lighting, and new energy vehicles[43]. - The company’s R&D team has received multiple awards, including the Shenzhen Science and Technology Progress Award First Class and the Guangdong Provincial Science and Technology Award Third Class, highlighting its innovation capabilities[53]. - The company is developing high-quality nickel-cobalt-manganese precursors from recycled lithium battery materials, aiming for batch production and economic benefits[77]. - The company has completed the R&D of a new high-power cooling solution for CPUs, which is now in trial production and expected to generate economic benefits[78]. - The company is focusing on the development of a new type of LED lighting with high cost-performance ratio, achieving industry standards in optical and thermal parameters[78]. Financial Management and Governance - The financial report is guaranteed to be true, accurate, and complete by the company's management[4]. - The company has established a governance structure that complies with relevant regulations, ensuring transparency and accountability in operations[133]. - The company emphasizes the importance of investor relations and transparency, providing timely and accurate information to stakeholders[139]. - The company has committed to corporate social responsibility and balancing the interests of various stakeholders, promoting sustainable development[138]. - The company has maintained a stable management structure, with no significant changes in senior management during the reporting period[151]. Risk Management - The company has outlined potential risks and corresponding countermeasures in the management discussion and analysis section[5]. - The company acknowledges the risk of investment projects not meeting expected benefits due to market changes and unforeseen factors, which could adversely affect operations[127]. - The company plans to strengthen cooperation with key clients and focus on project implementation quality to mitigate investment risks[127]. - The company is closely monitoring exchange rate fluctuations, as changes in the RMB exchange rate could affect product pricing and profitability[129]. Shareholder and Dividend Policy - The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves[6]. - The company has established a profit distribution policy, ensuring that cash dividends will account for at least 10% of the distributable profits each year, with a cumulative distribution of no less than 30% of the average annual distributable profits over the last three years[177]. - The company’s profit distribution plan requires approval from the shareholders' meeting, with a focus on communication with minority shareholders[180]. - The company’s cash dividend policy is compliant with its articles of association and provides clear standards and procedures[181]. Employee and Management Structure - The total number of employees at the end of the reporting period was 1,067, with 178 in the parent company and 889 in major subsidiaries[172]. - The professional composition includes 514 production personnel, 167 sales personnel, 161 technical personnel, 37 financial personnel, 80 administrative personnel, and 108 management personnel[172]. - The company emphasizes a performance-based compensation system to encourage employees to create greater economic benefits for investors[174]. - The company has no retired employees requiring financial support, indicating a focus on a younger workforce[172]. Subsidiaries and Acquisitions - The company has established several new subsidiaries, including Changde Super Frequency Three Computer Co., Ltd. and Yiyang Super Frequency Three Computer Co., Ltd., which had no significant impact on overall performance in the reporting period[115]. - The subsidiary Zhejiang Jiongdai Energy Technology reported a net profit of CNY 14,782,484, contributing significantly to the company's overall performance[114]. - The company completed a major acquisition of lithium battery materials with an investment amount of 15.5 million, accounting for 54.5% of the total investment[97].

Financial Performance - The company's operating revenue for Q3 2021 was ¥124,829,672.59, a decrease of 21.47% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥18,934,423.78, representing a decline of 892.87% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was -¥20,909,419.58, a significant drop of 13,502.51% compared to the previous year[3]. - The net cash flow from operating activities was -¥79,487,156.38, reflecting a decrease of 1,331.76% year-to-date[3]. - Total operating revenue for the current period is ¥362,112,372.82, a decrease of 0.38% from ¥364,503,071.40 in the previous period[22]. - Net profit for the current period is a loss of ¥24,476,507.41, compared to a profit of ¥1,351,552.85 in the previous period[23]. - The total comprehensive income for the current period is a loss of ¥24,289,118.80, compared to a loss of ¥2,970,393.00 in the previous period[24]. - The company reported a basic and diluted earnings per share of -0.0407, compared to 0.0145 in the previous period[24]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,079,939,003.08, an increase of 44.20% from the end of the previous year[3]. - Total current assets amounted to CNY 642,533,662.62, with cash and cash equivalents at CNY 91,798,825.31[31]. - Total non-current assets increased to CNY 823,792,538.20, reflecting a rise of CNY 23,894,639.70[32]. - Total liabilities increased to RMB 810,072,118.30 from RMB 753,122,173.10, reflecting a rise of approximately 7.6%[20]. - Total liabilities increased to CNY 777,016,812.80, reflecting an increase of CNY 23,894,639.70[32]. - The company’s total liabilities and equity amounted to CNY 1,470,991,845.00[33]. Shareholder Equity - Shareholders' equity attributable to the parent company was ¥1,155,455,925.87, up 78.14% compared to the previous year-end[3]. - The company's equity attributable to shareholders reached RMB 1,155,455,925.87, up from RMB 648,637,023.33, marking an increase of about 78.1%[20]. - The company reported total equity attributable to shareholders was CNY 648,637,023.33, with retained earnings at CNY 144,195,455.80[33]. Cash Flow - The net cash flow from operating activities decreased by 1,331.76% to approximately -CNY 79.49 million, primarily due to strategic stockpiling of raw materials[9]. - The net cash flow from investing activities increased by 406.95% to approximately -CNY 291.77 million, mainly from cash management using idle raised funds[9]. - The net cash flow from financing activities increased by 307.26% to approximately CNY 448.80 million due to the completion of a private placement[9]. - Cash flow from operating activities showed a net outflow of ¥79,487,156.38, compared to a net inflow of ¥6,453,162.67 in the previous period[27]. - Cash flow from investing activities resulted in a net outflow of ¥291,774,893.48, compared to a net outflow of ¥57,555,050.76 in the previous period[28]. - Cash flow from financing activities generated a net inflow of ¥448,800,495.05, up from ¥110,199,373.70 in the previous period[28]. Operational Changes - The company reported a significant increase in cash and cash equivalents, rising by 88.81% to ¥173,323,361.41 due to fundraising activities[8]. - Accounts receivable saw a dramatic increase of 1,361.37%, reaching ¥67,617,284.96, attributed to an increase in customer acceptance bills[8]. - Inventory levels rose by 66.35% to ¥239,428,273.53, driven by the expansion of e-commerce operations[8]. - The company established a wholly-owned subsidiary with a registered capital of RMB 3 million in Shanxi Province[16]. - The company plans to invest in the construction of a production base in Yiyang, further expanding its operational capabilities[16]. Investments and Acquisitions - The company acquired a 5% stake in Gejiu Shengbihe Industrial Co., Ltd. for RMB 15.5 million, increasing its total ownership to 54.5008%[15]. - The company's investment properties increased by 367.80% to approximately CNY 47.49 million due to the rental of factory buildings in Huizhou[9]. - Long-term equity investments decreased by 89.44% to approximately CNY 10.56 million as a result of consolidating the acquisition of Shengbi[9]. - The company's intangible assets rose by 150.12% to approximately CNY 125.52 million due to the consolidation of Shengbi[9]. - Deferred tax assets increased by 71.75% to approximately CNY 56.09 million, also attributed to the consolidation of Shengbi[9]. - Contract liabilities surged by 252.63% to approximately CNY 38.30 million due to an increase in advance payments for projects and the consolidation of Shengbi[9]. Other Information - The company reported a total non-recurring gains and losses of ¥1,974,995.80 for the current period[5]. - The third quarter report was not audited, indicating preliminary financial data[34]. - The company has implemented a new leasing standard, which does not significantly impact financial results[33].

Financial Performance - The company reported a revenue of 300 million RMB for the first half of 2021, representing a year-on-year increase of 15% compared to the same period in 2020[17]. - The net profit attributable to shareholders for the first half of 2021 was 50 million RMB, an increase of 20% year-on-year[17]. - The company's operating revenue for the reporting period was ¥237,282,700.23, representing a 15.44% increase compared to ¥205,552,117.48 in the same period last year[25]. - The net profit attributable to shareholders was ¥1,398,881.11, a decrease of 63.91% from ¥3,875,561.97 in the previous year[25]. - The net cash flow from operating activities was -¥71,904,717.77, a significant decline of 1,519.48% compared to ¥5,065,552.10 in the same period last year[25]. - The company reported a non-recurring profit of ¥5,030,172.38 for the period, primarily from government subsidies and other income[30]. - The decline in net profit was primarily due to increased operating expenses and a significant drop in government subsidies compared to the previous year[38]. - The company's revenue for the reporting period reached ¥237,282,700.23, representing a year-on-year increase of 15.44% compared to ¥205,552,117.48 in the previous year[62]. - The gross profit margin for LED lighting products was 39.20%, with a revenue increase of 120.13% year-on-year[65]. - The company's financial expenses increased by 29.82% to ¥14,744,962.31, primarily due to higher financing costs[62]. Market Expansion and Strategy - The company plans to expand its market presence by entering three new regions in 2022, aiming for a 10% increase in market share[17]. - Future guidance estimates a revenue growth of 20% for the full year 2021, driven by new product launches and market expansion efforts[17]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[17]. - The company is focusing on business expansion and product transformation, leading to increased R&D investment and higher operating costs[38]. - The company is expanding its international market presence while maintaining a strong position in the domestic market[108]. Research and Development - Research and development expenses increased by 25% in the first half of 2021, reflecting the company's commitment to innovation and new product development[17]. - The company is focusing on developing smart technology solutions, with a projected investment of 100 million RMB in the next two years[17]. - The company focuses on the research and development of new cooling systems for electronic products, with applications in various fields including consumer electronics and LED lighting[32]. - The company has accumulated 531 valid patents, 74 registered trademarks, and 41 copyrights, showcasing its commitment to innovation and intellectual property[55]. - The company will continuously strengthen its investment in technology, focusing on R&D and innovation to adapt to the rapidly evolving energy-saving service industry[46]. Risks and Challenges - The company has identified key risks including supply chain disruptions and regulatory changes, with strategies in place to mitigate these risks[5]. - The company is facing intensified competition in the LED lighting and consumer electronics sectors, which may significantly impact sales[102]. - The company's overall performance is subject to risks from market expansion, raw material price fluctuations, and changes in the policy environment[102]. - Government subsidies accounted for over 30% of the total profit for the reporting period, indicating a reliance that may pose risks if subsidies decrease[110]. - The company faced a risk of rising raw material prices, which could impact performance if price increases cannot be passed on to customers[104]. Product Development and Offerings - The main products include LED lighting heat dissipation components and consumer electronics cooling accessories, which are widely used in industrial and urban lighting projects[33]. - The company is expanding its product offerings to include ultra-thin heat pipes and base station cooling modules for mobile and communication applications[34]. - The LED lighting market and energy-saving service market are expected to continue expanding, with a strong emphasis on integrated LED cooling technology[41][42]. - The trend towards smart lighting is expected to grow, aligning with the promotion of smart cities and IoT concepts[43]. Financial Management and Investments - The company reported an investment amount of 267,950,566.15 yuan for the reporting period, a significant increase of 456.77% compared to 48,126,079.38 yuan in the same period last year[78]. - The total amount of raised funds was 529,999,906.74 yuan, with a net amount of 524,245,189.77 yuan after deducting related issuance costs[83]. - The company plans to raise up to RMB 600 million through a private placement of A-shares to fund the "5G Cooling Industrial Park Construction Project" and supplement working capital[173]. - The company has a total of RMB 25 million in bank wealth management products, with no overdue amounts[90]. - The company’s cash management strategy includes purchasing high-security, liquid wealth management products[84]. Corporate Governance and Shareholder Structure - The company’s internal corporate governance requires that directors and senior management can only transfer 25% of their shares annually[186]. - The company’s shareholding structure shows that state-owned legal entities hold 4.53% of the shares, while other domestic investors hold 17.98%[182]. - The company’s internal shareholders, including natural persons, hold 41.46% of the shares, with a significant reduction in limited sale shares[186]. - The company maintains a stable shareholder structure with no significant changes noted in the reporting period[196]. - Major shareholder Liu Yu holds 16.42% of the shares, with a pledge of 27,655,000 shares[192]. Legal Matters and Compliance - The company is involved in a lawsuit against Zhu Kai and Tong Li regarding a contract dispute, with the amount in question being 34.88 million yuan[149]. - The company is also pursuing a patent infringement case against Zhongshan Guofeng Optoelectronics Technology Co., with a claim amount of 1 million yuan[149]. - The company reported no penalties or rectification situations during the reporting period[150]. - There were no major litigation or arbitration matters during the reporting period[149].

Financial Performance - The company reported a total revenue of 1.5 billion RMB for the year 2020, representing a year-on-year increase of 20%[14]. - The net profit attributable to shareholders was 300 million RMB, an increase of 15% compared to the previous year[14]. - The company's operating revenue for 2020 was ¥609,339,026.14, representing a 13.78% increase compared to ¥535,534,119.30 in 2019[19]. - The net profit attributable to shareholders for 2020 was ¥15,441,709.21, a 32.75% increase from ¥11,631,848.58 in 2019[19]. - The total assets at the end of 2020 were ¥1,442,431,561.12, an increase of 11.31% from ¥1,295,886,638.28 at the end of 2019[19]. - The company achieved total revenue of 609 million yuan, a year-on-year increase of 13.78%[33]. - Net profit attributable to shareholders reached 15.44 million yuan, up 32.75% year-on-year[33]. - Total assets increased to 1.442 billion yuan, reflecting an 11.31% growth compared to the previous year[33]. - The company reported a basic earnings per share of ¥0.04 for 2020, up 33.33% from ¥0.03 in 2019[19]. - The company reported a significant decline of 42.90% in revenue from LED lighting heat dissipation components, totaling ¥50.90 million, down from ¥89.14 million in 2019[65]. - The company reported a net profit of 100 million yuan for the year 2020, reflecting a year-on-year increase of 20%[167]. Research and Development - The company plans to invest 200 million RMB in R&D for new product development in 2021, focusing on energy-efficient technologies[14]. - The company has accumulated 514 valid patents, including 503 domestic patents and 11 overseas patents[44]. - Research and development (R&D) investment for 2020 amounted to ¥41,605,044.60, representing 6.83% of total revenue, an increase from 5.63% in 2019[83]. - The company is actively expanding into the 5G cooling industry, having initiated a project to build a 5G cooling industrial park[52]. - The company is developing smart streetlight systems that integrate various smart city functionalities, contributing to urban management improvements[82]. - The company is committed to continuous R&D and innovation in smart lighting products and comprehensive solutions to strengthen its core competitive advantage in the market[55]. - The company is focusing on enhancing its R&D budget by 30% to accelerate innovation and product development[166]. Market Expansion and Strategy - Future guidance indicates an expected revenue growth of 15-20% for 2021, driven by market expansion and new product launches[14]. - The company aims to expand its market presence in Southeast Asia, targeting a 10% market share by 2023[14]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[152]. - Market expansion plans include entering two new international markets, aiming for a 10% market share within the first year[148]. - The company is exploring potential acquisitions to enhance its market position and expand its product offerings[14]. - A strategic acquisition was announced, with the company acquiring a smaller tech firm for 200 million RMB to enhance its product offerings[153]. - The company is considering strategic acquisitions to bolster its technology portfolio, with a budget of up to 500 million RMB earmarked for potential targets in the tech sector[149]. Operational Efficiency - The company aims to improve operational efficiency, targeting a reduction in costs by 5% over the next year[147]. - The company aims to reduce operational costs by 15% through efficiency improvements and automation initiatives[154]. - The company has improved its production efficiency and quality management through automation and process optimization[46]. - The company is committed to improving its management capabilities to reduce reliance on government subsidies and enhance operational performance[129]. Risk Management - The company has identified key risks in supply chain disruptions and is implementing strategies to mitigate these risks[5]. - The company is actively monitoring exchange rate fluctuations to mitigate risks associated with international market expansion[128]. - The ongoing COVID-19 pandemic has impacted production and operations, with potential adverse effects on overseas business development and product sales[130]. - The company acknowledges the existence of internal and external risks that may impact future profits despite the implementation of various measures to enhance shareholder returns[183]. Shareholder and Dividend Policies - The company has no plans to distribute cash dividends or issue bonus shares for the fiscal year 2020[6]. - The company plans to distribute cash dividends of RMB 0.1 per share, totaling RMB 2.379 million, and will also increase capital by converting reserves into shares at a ratio of 5 shares for every 10 held[134]. - The company aims to maintain a cash dividend distribution of at least 10% of the distributable profit annually, with a cumulative distribution of no less than 30% of the average distributable profit over the last three years[134]. - The company emphasizes the importance of cash dividends to enhance shareholder value while adhering to relevant regulations[144]. - The company plans to prioritize cash dividends when conditions allow, distributing no less than 10% of the annual distributable profit in cash dividends[187]. - The cumulative cash dividends over the last three years will not be less than 30% of the average annual distributable profit achieved during that period[187]. Corporate Governance - The company has established a sound corporate governance structure to ensure the protection of shareholder rights and effective decision-making processes[182]. - The company is committed to maintaining a high level of transparency and accountability among its board members and senior management to safeguard the interests of all shareholders[183]. - The company has established a comprehensive decision-making process for profit distribution, ensuring transparency and protection of minority shareholders' rights[139]. Legal and Compliance - The company has not faced any bankruptcy reorganization issues during the reporting period[199]. - The company has not reported any significant litigation or arbitration matters that could impact its financial results[200]. - The company has made adjustments to its accounting policies in accordance with new regulations effective from January 1, 2020, but these changes did not impact its financial position or results[197].