证券代码：300656 证券简称：民德电子 公告编号：2022-091 深圳市民德电子科技股份有限公司 关于参加深圳辖区上市公司 2022 年投资者 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。 为进一步加强与投资者的互动交流，深圳市民德电子科技股份有限公司（以下简称"公 司"）将参加由深圳证监局指导、深圳上市公司协会与深圳市全景网络有限公司联合举办的 "2022年深圳辖区上市公司投资者集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演APP，参与本次互 动交流，活动时间为2022年11月9日（周三）16:30-17:30。届时公司高管将在线就公司业 绩、公司治理、发展战略、经营状况、融资计划、股权激励和可持续发展等投资者关心的 问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告。 深圳市民德电子科技股份有限公司 董事会 2022年11月1日 ...

Revenue and Profitability - Revenue for Q3 2022 was CNY 157,953,976.73, a slight increase of 0.07% year-over-year[5] - Net profit attributable to shareholders decreased by 22.47% to CNY 20,002,072.72 in Q3 2022[5] - Basic earnings per share fell by 29.03% to CNY 0.1274[5] - Total revenue for the third quarter was CNY 362,103,244.52, a slight increase from CNY 360,362,140.70 in the previous year, representing a growth of approximately 0.48%[28] - Operating profit for the period was CNY 59,265,580.34, showing a marginal decrease from CNY 59,406,693.69, indicating a decline of approximately 0.24%[28] - The net profit for Q3 2022 was CNY 52,721,174.36, an increase from CNY 51,565,465.05 in Q3 2021, representing a growth of approximately 2.24%[29] - The total comprehensive income for Q3 2022 reached CNY 60,566,506.78, compared to CNY 51,246,707.41 in the same period last year, indicating an increase of about 18.00%[29] - The basic and diluted earnings per share for Q3 2022 were both CNY 0.3351, down from CNY 0.3585 in the same quarter last year, reflecting a decrease of about 6.73%[29] Assets and Liabilities - Total assets increased by 79.77% to CNY 1,495,103,104.54 compared to the end of the previous year[5] - Cash and cash equivalents rose significantly to CNY 123,814,615.52 from CNY 34,246,231.59, marking an increase of about 261.36%[26] - Accounts receivable decreased to CNY 206,306,259.54 from CNY 229,645,812.66, a reduction of approximately 10.18%[26] - Inventory increased to CNY 125,733,082.93 from CNY 83,328,206.01, representing a growth of about 50.93%[26] - Non-current assets totaled CNY 948,752,996.33, up from CNY 375,502,129.77, indicating a substantial increase of approximately 152.73%[26] - Total liabilities rose to CNY 376,151,468.12 from CNY 263,806,820.89, reflecting an increase of about 42.50%[27] - Shareholders' equity increased significantly to CNY 1,118,951,636.42 from CNY 567,859,812.17, representing a growth of approximately 96.93%[27] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 43,668,862.65, up 13.92%[5] - Operating cash flow for the period was CNY 43,668,862.65, up from CNY 38,333,802.74 in Q3 2021, reflecting a growth of approximately 13.00%[31] - Cash and cash equivalents at the end of the period totaled CNY 123,714,615.52, significantly higher than CNY 27,333,042.05 at the end of Q3 2021, marking an increase of about 353.00%[31] - The company reported cash inflow from investment activities of CNY 853,594,378.46, compared to CNY 304,724,206.12 in the previous year, showing a substantial increase of approximately 179.00%[31] - The net cash flow from financing activities was CNY 588,158,613.74, a significant improvement from a net outflow of CNY 70,176,896.89 in Q3 2021[31] Investments and Financing - The company reported a 951.27% increase in investment income year-to-date, attributed to equity method investments and bank wealth management products[11] - The net cash flow from financing activities increased by 938.11% year-to-date due to a significant amount raised from a targeted stock issuance[13] - The company raised a total of approximately RMB 500 million through a targeted issuance of shares, with the funds allocated for the research and industrialization of silicon carbide power devices and other projects[23] - The company invested RMB 100 million in Zhejiang Chip Microtech Semiconductor Co., Ltd., acquiring a 35.0877% stake, to enhance its capabilities in advanced power semiconductor manufacturing[20] - The company also invested RMB 20 million in Jiangsu Lijun Power Semiconductor Co., Ltd., obtaining a 6.3492% stake, to strengthen its smart IDM ecosystem in the power semiconductor sector[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,841, with no preferred shareholders having restored voting rights[16] - The top ten shareholders collectively hold 25.58% of the company's shares, with the largest shareholder, Xu Xiangcan, holding 13.18%[16][17] Government Support - The company received government subsidies amounting to CNY 1,025,481.00 in Q3 2022[6] Operational Metrics - Inventory increased by 50.89% year-over-year, driven by preparations for orders in the second half of the year[8] - Long-term borrowings increased by 1,066.83% year-over-year, reflecting new bank loans to meet funding needs[9] - The company experienced a decrease in operating expenses, with cash paid for goods and services amounting to CNY 308,474,801.03, compared to CNY 283,730,261.35 in Q3 2021, which is an increase of approximately 8.70%[31] - The company received CNY 4,519,939.89 in tax refunds during the period, slightly lower than CNY 5,807,011.67 in the previous year[30] - The total cash outflow from investment activities was CNY 1,397,028,666.85, compared to CNY 316,413,274.66 in Q3 2021, indicating a significant increase of approximately 341.00%[31] - The company plans to complete the debugging and commissioning of its new projects by the first quarter of 2023, following significant progress in construction and equipment procurement[23]

Financial Performance - The company reported a revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 15% compared to RMB 435 million in the same period of 2021[18]. - The gross profit margin for the first half of 2022 was 30%, slightly down from 32% in the first half of 2021, indicating increased production costs[18]. - The company has set a revenue target of RMB 1.1 billion for the full year 2022, which would require a 10% growth in the second half[18]. - The company's revenue for the reporting period was CNY 204,149,267.79, representing a 0.81% increase compared to CNY 202,514,749.65 in the same period last year[24]. - The net profit attributable to shareholders was CNY 32,176,673.84, a 25.04% increase from CNY 25,733,565.71 year-on-year[24]. - The net profit after deducting non-recurring gains and losses was CNY 28,396,547.82, up 16.28% from CNY 24,420,126.19 in the previous year[24]. - The net cash flow from operating activities increased by 34.90% to CNY 45,517,592.55, compared to CNY 33,742,272.20 in the same period last year[24]. - The total amount raised through various financial products was 61,550 million CNY, with an average return rate of approximately 4.26%[89]. - The company reported a total of 10,673,288 shares held by Newland Digital Technology Co., Ltd., accounting for 6.80% of total shares[158]. Research and Development - The company plans to invest RMB 100 million in R&D for new product development in the second half of 2022, focusing on advanced semiconductor technologies[18]. - The company has obtained 1 invention patent, 7 utility model patents, and 4 design patents during the reporting period, bringing the total to 77 authorized patents[56]. - Research and development expenses increased by 6.14% to ¥10,938,551.86, indicating continued investment in innovation[61]. - The company emphasizes independent research and development, with a focus on improving product performance and reducing costs in both barcode recognition and power semiconductor sectors[58]. Market Expansion and Strategy - The company announced plans for market expansion into Southeast Asia, aiming to capture a 5% market share by the end of 2023[18]. - The company aims to expand its market presence by enhancing its product offerings and increasing collaboration with leading industry clients[39]. - The barcode recognition business will enhance product variety and accelerate overseas market expansion, leveraging the company's brand and technological advantages[97]. - The company plans to continue expanding its market presence and exploring new strategies for growth[154]. Investments and Acquisitions - The company is exploring potential mergers and acquisitions to enhance its technology portfolio and market presence[18]. - The company has invested ¥1.5 billion in the wafer foundry Guangxin Microelectronics to strengthen its smart IDM ecosystem[48]. - The company has increased its investment in Zhejiang Guangxin Microelectronics Co., Ltd. by RMB 150 million, raising its ownership stake to 48.8372%[143]. - The company plans to raise up to RMB 500 million through a private placement to enhance its power semiconductor smart IDM ecosystem and fund R&D projects for silicon carbide power devices[145]. Sustainability and Corporate Responsibility - The company is committed to sustainability and has initiated projects to reduce carbon emissions by 25% by 2025[18]. - The company emphasizes employee rights protection and adheres to labor laws and regulations[114]. - The company is committed to technological innovation for green and environmentally friendly products[116]. Financial Management and Governance - No cash dividends or stock bonuses will be distributed for the fiscal year 2022, as the company focuses on reinvestment[4]. - The company has completed all commitments made by shareholders and related parties during the reporting period, with no overdue commitments as of the end of the reporting period[119]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[111]. - The company has not reported any overdue amounts or losses from entrusted financial products, indicating a stable financial management approach[88]. Risks and Challenges - The company faces risks related to supply chain disruptions and semiconductor shortages, which may impact production capacity[3]. - The company faces a talent shortage risk in the barcode recognition sector due to increasing demand for specialized professionals as business scales up[99]. - The semiconductor industry is highly correlated with global and regional GDP growth, exhibiting cyclical fluctuations influenced by technology upgrades, market competition, and supply-demand balance[96]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,357[157]. - Major shareholder Xu Xiangcan holds 13.18% of shares, totaling 20,689,943, with 3,448,324 shares added during the reporting period[157]. - The total number of restricted shares at the end of the period was 54,337,410, with 20,050,077 shares released during the reporting period[154]. - The company’s board members and senior management increased their holdings by a total of 9,143,289 shares during the reporting period[160]. Financial Position - Total assets at the end of the reporting period reached CNY 1,433,524,881.19, a 72.37% increase from CNY 831,666,633.06 at the end of the previous year[24]. - The company's equity attributable to shareholders rose to ¥1,077,212,541.51 from ¥556,235,179.65, a growth of about 93.9%[173]. - The total liabilities at the end of the first half of 2022 were CNY 520,792,347.02, a decrease from CNY 546,868,512.60 at the end of the first half of 2021, showing a reduction of about 4.8%[188].

Financial Performance - The company's revenue for Q1 2022 was ¥88,163,087.56, representing a 2.43% increase compared to ¥86,072,764.54 in the same period last year[3] - Net profit attributable to shareholders for Q1 2022 was ¥13,803,289.84, up 6.94% from ¥12,907,040.21 in the previous year[3] - Basic earnings per share for Q1 2022 were ¥0.1086, a 0.84% increase from ¥0.1077 in the same period last year[11] - Total operating revenue for Q1 2022 was CNY 88,163,087.56, an increase of 2.43% compared to CNY 86,072,764.54 in the previous year[29] - Net profit for Q1 2022 reached CNY 13,730,780.35, representing a 10.81% increase from CNY 12,392,756.30 in Q1 2021[30] - The company reported a comprehensive income total of CNY 13,456,343.96, up from CNY 12,855,493.39 in the previous year[31] Cash Flow - The net cash flow from operating activities increased by 98.38%, reaching ¥13,526,453.39 compared to ¥6,818,440.27 in Q1 2021[10] - The net cash flow from operating activities was ¥13,526,453.39, an increase from ¥6,818,440.27 in the previous year[33] - Cash inflow from operating activities was CNY 124,253,312.30, compared to CNY 123,367,958.73 in Q1 2021[32] - Cash inflow from investment activities totaled ¥145,544,195.89, compared to ¥66,705,245.59 in the same period last year[33] - The net cash flow from investment activities was -¥499,433,234.18, significantly lower than -¥14,427,009.71 in the previous year[33] - Cash inflow from financing activities reached ¥532,173,104.04, a substantial increase from ¥31,285,918.24 in the prior year[33] - The net cash flow from financing activities was ¥492,619,807.94, compared to ¥5,369,570.84 in the same period last year[33] - The total cash and cash equivalents at the end of the period were ¥40,840,832.29, down from ¥68,928,434.29 a year ago[33] - The company reported a decrease in cash outflow from operating activities, which was ¥110,726,858.91 compared to ¥116,549,518.46 previously[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,321,228,934.87, a 58.87% increase from ¥831,666,633.06 at the end of the previous year[3] - The total liabilities decreased to CNY 241,623,242.99 from CNY 263,806,820.89 year-over-year[30] - Shareholders' equity attributable to the parent company increased by 92.01%, amounting to ¥1,068,053,568.85 compared to ¥556,235,179.65 at the end of the previous year[3] Investment and Development - Investment income surged by 12,147.94% in Q1 2022, attributed to higher net profits from the associated company Zhejiang Jingrui Electronics Technology Co., Ltd.[9] - The company plans to raise up to 50 million RMB through a private placement to enhance its power semiconductor industry chain and core competitiveness[19] - The company completed a private placement on December 28, 2021, issuing 10,993,843 shares at a price of 45.48 RMB per share, raising approximately 499.99 million RMB[19] - The company increased its investment in Zhejiang Guangxin Microelectronics by 15 million RMB, raising its ownership to 48.83%[21] - A wholly-owned subsidiary, Mind Electronics (Lishui) Co., Ltd., was established with an investment of 20 million RMB to support strategic development needs[22] - The company plans to use 38 million RMB of raised funds to increase capital in its wholly-owned subsidiary, Mind Electronics (Lishui) Co., Ltd.[22] Operational Highlights - The barcode recognition business faced a slight impact due to a week-long production halt caused by pandemic control measures, but is expected to recover quickly with a new 2D scanning engine set to launch in Q2[17] - The power semiconductor business is stable with sufficient orders, and a new 6-inch wafer foundry has begun small-scale production, with plans to increase capacity in Q2[18] - A successful development of a separation gate low-voltage MOSFET has been achieved, with a yield rate exceeding 99%, and it has entered mass production[18] - The Zhejiang Guangxin Microelectronics project is progressing rapidly, with plans to complete the main plant by Q2 2022 and commence production in H1 2023[18] - Zhejiang Jingrui Electronics has achieved a net profit of approximately 11 million RMB in Q1 2022, with a current capacity of 130,000 pieces per month, aiming to expand to over 250,000 pieces per month by the end of 2022[18] Cost Management - Financial expenses decreased by 49.12% compared to the same period last year, primarily due to increased interest income from bank deposits[9] - Financial expenses decreased to CNY 1,318,336.53 from CNY 2,591,317.00 in Q1 2021, indicating improved cost management[30] Research and Development - Research and development expenses for Q1 2022 totaled CNY 5,893,657.22, an increase from CNY 5,003,132.87 in the previous year[30] Miscellaneous - The company did not undergo an audit for the first quarter report[34] - The company has made changes to its fundraising project partners and implementation locations, shifting from external collaboration to in-house capabilities[20] - The company's inventory increased to approximately 106.63 million RMB from 83.33 million RMB at the beginning of the year[25] - The company's short-term borrowings decreased slightly to approximately 153.93 million RMB from 155.78 million RMB at the beginning of the year[26] - The company's cash and cash equivalents increased to approximately 40.94 million RMB from 34.25 million RMB at the beginning of the year[25] - As of March 31, 2022, the company's total assets amounted to approximately 1.32 billion RMB, an increase from 831.67 million RMB at the beginning of the year[26] - The cash flow from investment activities included ¥644,500,000.00 in cash paid for investments, a significant increase from ¥73,900,000.00 last year[33] - The company experienced a negative impact of -¥18,426.45 from exchange rate fluctuations on cash and cash equivalents[33]

Investment and Expansion - In 2021, the company completed significant investments in the power semiconductor industry chain, including a stake in Zhejiang Guangxin Microelectronics, aimed at establishing self-controlled wafer foundry capacity[11]. - The company plans for Zhejiang Guangxin Microelectronics to officially commence production in 2023, which is expected to lead to a leap in the company's power semiconductor business[13]. - The investment in Jingrui Electronics has seen its valuation increase nearly threefold since the last investment, indicating strong growth potential[13]. - The company has increased its stake in Guangwei Integration by 10% and invested an additional 30 million yuan in Jingrui Electronics, reflecting a commitment to expanding its strategic partnerships[13]. - The successful completion of a directed share issuance raised 500 million yuan, marking the first refinancing since the company's IPO in 2017, enhancing capital strength for expansion in the power semiconductor industry[14]. - The company has established a smart IDM ecosystem in the power semiconductor industry through strategic investments and acquisitions, enhancing its core competitiveness and sustainable development capabilities[60]. Production and Capacity - The monthly production capacity of Jingrui Electronics has exceeded 100,000 pieces (6 or 8 inches) and is rapidly expanding, showcasing the strategic synergy of the smart IDM ecosystem[13]. - The construction of the wafer foundry is progressing smoothly, with successful acquisition of essential production equipment, crucial for meeting the project’s capacity and product line requirements[12]. - Guangwei Integrated is expected to resolve capacity constraints with the completion of a new 12-inch wafer foundry in 2023, supporting future growth[23]. - The company’s subsidiary, Jingrui Electronics, achieved a monthly production capacity of over 100,000 pieces of silicon epitaxial wafers, meeting the first-phase project goals[68]. Financial Performance - The company reported a revenue of RMB 1.2 billion for the year 2021, representing a year-over-year increase of 15% compared to 2020[36]. - The net profit attributable to shareholders was RMB 150 million, which is a 20% increase from the previous year[36]. - The company’s total assets reached RMB 2.5 billion, up 10% from the end of 2020[36]. - The company achieved total operating revenue of 546.28 million yuan, an increase of 143.07 million yuan, representing a growth of 35.48% compared to the previous year[64]. - Net profit attributable to shareholders reached 76.13 million yuan, an increase of 24.53 million yuan, reflecting a growth of 47.54% year-on-year[64]. - The gross margin improved to 35%, up from 30% in the previous year, reflecting better cost management and pricing strategies[36]. Research and Development - The company has invested RMB 200 million in R&D for semiconductor technologies, aiming to enhance product performance and reduce costs[36]. - The company has completed several key R&D projects, including high-precision barcode recognition devices and wireless imaging scanners, aimed at enhancing product competitiveness[91]. - The company’s R&D investment amounted to ¥22,664,495.53 in 2021, representing an increase of 38.67% from ¥16,316,294.20 in 2020[93]. - R&D expenditure accounted for 4.15% of total revenue in 2021, slightly up from 4.05% in 2020[93]. Market Strategy - The company aims to build a smart IDM ecosystem in the power semiconductor sector, facilitating collaboration while maintaining independent operations among member enterprises[20]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[36]. - The company is focusing on the power semiconductor market, which is expected to grow rapidly due to increasing demand in various electronic fields[52]. - The company plans to focus on barcode recognition and power semiconductors as its future development strategy[125]. Corporate Governance - The company emphasizes transparency in financial reporting, ensuring accurate communication of business performance to investors[21]. - The company has established a complete and independent financial department with sufficient dedicated accounting personnel, ensuring independent financial decision-making[142]. - The company has a strategy in place for capital reserve conversion to increase shareholding among key management personnel[146]. - The company has maintained an independent tax-paying status and operates independent bank accounts[142]. Shareholder Relations - The company aims to maintain a high-quality development trajectory by adhering to principles of fairness and transparency in investor relations[10]. - The company plans to distribute a cash dividend of 1.00 yuan per 10 shares and a capital reserve increase of 2 shares per 10 shares to all shareholders[27]. - The company adopted a three-year shareholder return plan (2021-2023) to enhance the transparency of cash dividends and provide stable returns for investors[175]. - The cash dividend for 2021 represents 100% of the distributable profit of RMB 271,071,909.93[178]. Risk Management - The company acknowledges risks related to industry cyclicality and market competition, particularly in the semiconductor and electronic components distribution sectors[129]. - The company will enhance management capabilities and optimize management models to address risks associated with new business expansions[131]. - The company has implemented measures to enhance post-investment management and support for acquired entities to mitigate operational risks[133]. Employee and Management - The company’s leadership is focused on fostering a culture of innovation and encouraging young talent to drive future growth[9]. - The total number of employees at the end of the reporting period was 227, with 85 in the parent company and 142 in major subsidiaries[171]. - The company has a training system in place, focusing on enhancing employee skills and professional development, with various training programs conducted in 2021[174]. - The employee composition included 66 production staff, 31 sales personnel, and 71 technical staff, indicating a diverse workforce[171].

证券代码：300656 证券简称：民德电子 公告编号：2021-109 深圳市民德电子科技股份有限公司 关于参加 2021 深圳辖区"沟通传递价值，交流创造良好生态" 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。 为进一步加强与投资者的互动交流工作，深圳市民德电子科技股份有限公司（以下简 称"公司"） 将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办的"沟通 传递价值，交流创造良好生态"—2021深圳辖区上市公司投资者网上集体接待日活动，现 将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网络远程的 方式举行，投资者可以登录"全景·路演天下"网站（http://rs.p5w.net/）或关注微信 公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间为2021年11月30日（星 期二）14:00至17:00。 届时公司副总经理兼董事会秘书高健先生，财务总监范长征先生将通过网络文字交流 形式与投资者进行沟通。 欢迎广大投资者积极参与。 特此公告。 深圳市民德电子科技股份 ...

Financial Performance - The company's revenue for Q3 2021 was ¥157,847,391.05, representing a 44.24% increase compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥25,800,310.86, a significant increase of 139.61% year-over-year[3]. - The basic earnings per share for Q3 2021 was ¥0.2154, up 139.60% from the previous year[3]. - The company achieved operating revenue of RMB 157.85 million for the reporting period, an increase of 44.24% compared to the same period last year[15]. - The net profit attributable to shareholders of the listed company for the reporting period was RMB 25.80 million, representing a significant increase of 139.61% year-on-year[15]. - For the first three quarters of 2021, the company reported cumulative operating revenue of RMB 360.36 million, up 59.79% year-on-year, and a net profit of RMB 51.53 million, an increase of 84.80% year-on-year[15]. - The basic earnings per share increased by 84.79% year-on-year, driven by the growth in net profit attributable to shareholders[11]. - The weighted average return on equity increased by 4.00 percentage points year-on-year, reflecting improved profitability[11]. - The net profit for Q3 2021 was CNY 51,565,465.05, representing a 91.8% increase compared to CNY 26,925,063.85 in Q3 2020[24]. - Operating profit for Q3 2021 was CNY 59,406,693.69, up from CNY 30,477,671.81 in the same period last year, indicating a growth of 95.2%[24]. - Total revenue from sales and services received in Q3 2021 was CNY 371,993,927.53, compared to CNY 231,584,194.68 in Q3 2020, marking an increase of 60.6%[27]. - The company reported a total comprehensive income of CNY 51,246,707.41 for Q3 2021, compared to CNY 25,160,289.26 in Q3 2020, reflecting a growth of 103.5%[24]. - Basic and diluted earnings per share for Q3 2021 were both CNY 0.4302, up from CNY 0.2328 in Q3 2020, representing an increase of 84.8%[24]. Cash Flow and Investments - The company reported a 1,259.48% increase in net cash flow from operating activities year-to-date, totaling ¥38,333,802.74[3]. - The cash flow from operating activities for Q3 2021 was CNY 38,333,802.74, a significant recovery from a negative cash flow of CNY -3,306,120.38 in Q3 2020[27]. - The net cash flow from investing activities for Q3 2021 was CNY -11,689,068.54, a decrease from CNY 18,849,532.07 in Q3 2020[28]. - The net cash flow from financing activities for Q3 2021 was CNY -70,176,896.89, compared to a positive cash flow of CNY 61,361,385.75 in Q3 2020[28]. - The company's cash and cash equivalents net increase decreased by 157.12% year-on-year, attributed to increased bank loan repayments and payments for equity stakes[11]. - Cash and cash equivalents decreased to CNY 27,333,042.05 as of September 30, 2021, down from CNY 71,275,250.84 at the end of 2020, a decline of 61.7%[20]. - The ending balance of cash and cash equivalents as of Q3 2021 was CNY 27,333,042.05, down from CNY 129,273,323.33 at the end of Q3 2020[28]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥788,083,684.44, a decrease of 2.76% from the end of the previous year[3]. - Total assets amounted to CNY 788,083,684.44 as of September 30, 2021, down from CNY 810,467,730.74 at the end of 2020, a decrease of 2.8%[23]. - Total liabilities decreased to CNY 245,265,830.31 in Q3 2021 from CNY 263,599,218.14 in Q3 2020, a reduction of 7%[22]. - The company's equity attributable to shareholders was CNY 532,483,151.31 as of September 30, 2021, slightly down from CNY 534,678,201.52 at the end of 2020[23]. - The company reported a net profit increase, with retained earnings rising to CNY 247,779,694.93 from CNY 210,719,483.05 in the previous year, an increase of 17.6%[23]. Research and Development - Research and development expenses increased by 39.67% year-to-date, reflecting the company's commitment to innovation[9]. - Research and development expenses increased to CNY 15,540,143.90 in Q3 2021, compared to CNY 11,126,285.17 in Q3 2020, marking an increase of 39.4%[23]. Strategic Investments - The company completed the acquisition of 73.51% of Guangwei Integrated Circuit Co., enhancing its power semiconductor design capabilities[15]. - The company plans to invest RMB 60 million in Zhejiang Guangxin Microelectronics Co., aiming to strengthen its power semiconductor industry chain[17]. - The company intends to raise up to RMB 50 million through a private placement to fund the R&D and industrialization of silicon carbide power devices[18]. - The company’s long-term equity investments increased by 33.94% year-to-date, attributed to additional investments in Zhejiang Jingrui Electronics[7]. Other Financial Metrics - The company’s financial expenses increased by 105.12% year-to-date, primarily due to higher bank loan amounts and interest expenses[10]. - The company’s inventory at the end of Q3 2021 increased by 36.74% compared to the end of the previous year, driven by increased sales volume[7]. - Accounts receivable stood at CNY 198,604,021.80 as of September 30, 2021, slightly down from CNY 213,694,919.41 at the end of 2020, a decrease of 7.1%[20]. - Inventory increased to CNY 91,786,620.55 in Q3 2021, compared to CNY 67,125,799.36 in Q3 2020, representing a growth of 36.7%[21].

Financial Performance - The company's operating revenue for the reporting period reached ¥202,514,749.65, representing a 74.45% increase compared to ¥116,086,224.49 in the same period last year[23]. - Net profit attributable to shareholders was ¥25,733,565.71, up 50.32% from ¥17,119,059.23 year-on-year[23]. - The net cash flow from operating activities improved significantly to ¥33,742,272.20, a 821.92% increase from a negative cash flow of ¥4,673,991.27 in the previous year[23]. - The company's total assets at the end of the reporting period were ¥816,825,353.42, a slight increase of 0.78% from ¥810,467,730.74 at the end of the previous year[23]. - The net assets attributable to shareholders decreased by 5.39% to ¥505,839,978.63 from ¥534,678,201.52 at the end of the previous year[23]. - The company's total revenue for the reporting period was approximately 202.51 million yuan, reflecting a 74.45% increase compared to the previous year[52]. - The company's operating costs increased by 83.63% year-over-year to approximately 141.51 million yuan, primarily due to the acquisition of Guangwei Integration and the impact of COVID-19 recovery[52]. - The barcode recognition business saw a significant revenue increase of 77.69% year-over-year, with overseas revenue growing by 170.47% and domestic revenue by 26.88%[44]. - The electronic components distribution business reported a revenue of 85.51 million yuan, a 41.41% increase year-over-year, and a net profit of 2.94 million yuan, up 13.89%[46]. Investment and Acquisitions - The company completed the acquisition of Guangwei Integrated, which contributed to the addition of power semiconductor products to its portfolio[53]. - The company completed a significant equity investment in Guangwei Integrated Technology (Shenzhen) Co., Ltd. for ¥45,000,000, acquiring an 83.51% stake[65]. - The company also made a capital increase investment of ¥30,000,000 in Zhejiang Jingrui Electronic Technology Co., Ltd., holding a 27.27% stake[65]. - The company invested 30 million RMB in Zhejiang Jingrui Electronics, with a pre-investment valuation of 520 million RMB, reflecting a 33.33% premium over the previous round of financing[127]. - The investment in Zhejiang Jingrui Electronics resulted in an investment income of -300,300 RMB for the company, which had no significant impact on the net profit[128]. Research and Development - The company emphasizes independent research and development, with a structured approach to improve R&D efficiency and product commercialization[47]. - Research and development expenses increased to ¥10,306,043.66, primarily due to the acquisition of Guangwei Integrated and the expansion of overall business scale[53]. - The company is focusing on enhancing product performance and cost reduction in its barcode recognition and semiconductor businesses, guided by Moore's Law[49]. - The company has utilized self-owned funds to increase R&D efforts on core component standardization, improving product cost-effectiveness and market competitiveness[76]. Corporate Governance and Compliance - The financial report is guaranteed to be true, accurate, and complete by the company's management, including the legal representative and accounting heads[3]. - The company is committed to maintaining transparency and accountability in its financial disclosures[3]. - The company emphasizes strict adherence to laws and regulations, ensuring transparency in profit distribution to protect shareholder rights[112]. - The company has established a robust internal control system and governance structure to enhance corporate governance levels[112]. - Employee rights are protected through compliance with labor laws and the provision of various insurance benefits, including medical and pension insurance[113]. Market and Industry Outlook - The semiconductor industry in China is projected to grow significantly, with the power semiconductor market expected to reach 44.1 billion USD in 2021[36]. - The company is facing industry cyclical fluctuations and market competition risks, particularly in the semiconductor and electronic components distribution sectors[95]. - The company plans to diversify its industry layout and strengthen partnerships with leading enterprises in emerging markets to mitigate cyclical risks[95]. - The company aims to enhance its competitive advantage by improving product offerings and expanding into overseas markets, particularly in the barcode recognition and power semiconductor sectors[96]. Shareholder Information - The company reported a total of ¥176,950,000 in purchases and ¥223,400,000 in sales of trading financial assets during the reporting period[67]. - The total number of ordinary shareholders at the end of the reporting period was 9,166[153]. - Major shareholders include Xu Xiangcan with 14.39% (17,241,619 shares), Xu Wenhuan with 13.54% (16,218,448 shares), and Yi Yangqing with 10.38% (12,437,099 shares)[153]. - The company reported a significant increase in the number of shares held by major shareholders, indicating potential confidence in the company's future[153]. Risk Management - The report includes a section on risk factors and countermeasures that investors should carefully read[4]. - The company has established a risk management system for new product development to mitigate uncertainties and ensure alignment with market demands[98]. - The company faces a risk of talent shortage in the barcode recognition and semiconductor sectors, necessitating the recruitment of specialized professionals to support its strategic plans[98]. Environmental and Social Responsibility - The company has not faced any environmental penalties during the reporting period and has adhered to environmental protection regulations[111]. - The company is committed to social responsibility, including environmental sustainability and community employment initiatives[114]. - The company has not initiated any poverty alleviation or rural revitalization activities but plans to focus on these areas in the future[115].

Investment and Acquisitions - In 2020, the company completed two significant investments in the power semiconductor industry, acquiring 74% of Guangwei Integrated Technology for CNY 69.47 million and investing CNY 90 million for a 29% stake in Jingrui Electronics[10]. - The company provided CNY 9.947 million in total funding to Guangwei Integrated, including CNY 2 million for working capital and CNY 1 million in registered capital[10]. - Following the investment in Jingrui Electronics, the company’s stake was reduced to 23% after an additional CNY 80 million investment from a government-backed entity[10]. - The founders of both acquired companies are highly qualified scientists with extensive experience in semiconductor technology, enhancing the company's R&D capabilities[11][12]. - The investment strategy focuses on controlling acquisitions and cash transactions, requiring sellers to reinvest a significant portion of their proceeds into the company's stock[13]. - The company has established a dual industry growth curve focusing on barcode recognition and power semiconductor industries, with barcode recognition serving as a cash cow for funding semiconductor development[19]. - The company completed the acquisition of 73.51% of Guangwei Integrated Technology in June 2020, marking its entry into the power semiconductor design industry[76]. - The company also invested in Zhejiang Jingrui Electronic Technology Co., holding a 23.08% stake to further expand into the semiconductor wafer industry[76]. - The company adjusted the use of part of the raised funds to invest in Guangwei Integrated Technology, aiming to improve the efficiency of fund utilization and enhance competitiveness[132]. Financial Performance - The company’s operating revenue for 2020 was CNY 403,210,033.23, representing a 32.04% increase compared to CNY 305,372,201.35 in 2019[47]. - The net profit attributable to shareholders for 2020 was CNY 51,603,058.83, a 42.68% increase from CNY 36,165,935.83 in 2019[47]. - The net profit after deducting non-recurring gains and losses decreased by 51.60% to CNY 14,275,296.08 in 2020 from CNY 29,491,979.42 in 2019[47]. - The net cash flow from operating activities was CNY 19,604,589.25, down 61.82% from CNY 51,349,853.42 in 2019[47]. - The total assets at the end of 2020 were CNY 810,467,730.74, a 24.72% increase from CNY 649,805,730.78 at the end of 2019[47]. - The net assets attributable to shareholders increased by 7.64% to CNY 534,678,201.52 at the end of 2020 from CNY 496,748,781.71 at the end of 2019[47]. - The basic earnings per share for 2020 was CNY 0.4739, up 42.70% from CNY 0.3321 in 2019[47]. - The weighted average return on equity increased by 2.42 percentage points to 10.02% in 2020 from 7.60% in 2019[47]. - The company reported a quarterly revenue of CNY 177,691,830.49 in Q4 2020, with a net profit of CNY 23,716,551.54[50]. Revenue Growth and Market Expansion - The barcode recognition business revenue increased by approximately 20% in 2020 compared to 2019, with the sales proportion rising from 78% in 2019 to 85% in 2020[28]. - The overseas market sales proportion grew from 37% in 2019 to 43% in 2020, indicating strong growth momentum since the second half of 2020[28]. - The company aims to maintain an average annual performance growth of no less than 50% over the next five years for its investment targets[19]. - The company is focusing on third-generation semiconductor materials, such as silicon carbide and gallium nitride, to meet future market demands for higher power density and efficiency[21]. - The company plans to enhance its industrial barcode recognition product line by integrating artificial intelligence technology for better application development[28]. R&D and Innovation - The company is committed to maintaining a lean team structure while pursuing rapid growth through clear technical and product development routes[29]. - The company has filed for 10 new utility model patents and 5 design patents during the reporting period, enhancing its intellectual property portfolio[81]. - The company has successfully completed the development and mass production of several new products, including a small embedded imaging scanning platform and an industrial barcode recognition device, enhancing product competitiveness[101]. - The proportion of R&D personnel increased to 28.33%, with 66 R&D staff members, reflecting a focus on innovation[102]. Governance and Investor Relations - The company emphasizes a "contract spirit" aimed at maximizing the intrinsic value of its shares and aligning management with shareholder interests[9]. - The company is committed to fostering stable and healthy investor relations as part of its governance structure[9]. - The company emphasizes transparency in communication with shareholders, ensuring all stakeholders receive the same information simultaneously[26]. - The company has established a long-term commitment to maintain independence from its controlling shareholders and related parties[152]. Dividend Policy - The company plans to distribute cash dividends of 1 yuan per 10 shares, with a capital reserve conversion of 1 share for every 10 shares held[35]. - The cash dividend represents 21.10% of the net profit attributable to the company's ordinary shareholders for 2020, which is 51,603,058.83 RMB[149]. - The company has consistently distributed cash dividends over the past three years, with amounts of 10,890,000 RMB in 2020, 9,900,000 RMB in 2019, and 13,500,000 RMB in 2018[149]. - The company has maintained a consistent dividend policy in line with its articles of association and dividend management measures[145]. Risks and Challenges - The company faces industry and market risks, particularly due to the cyclical nature of the semiconductor industry, which is closely tied to global GDP growth[135]. - The barcode recognition business has a strong competitive advantage, but faces risks from numerous competitors and evolving business models[136]. - There is a growing demand for specialized talent in the barcode recognition and semiconductor sectors, which poses a risk if not adequately addressed[139]. Compliance and Regulatory Matters - The company commits to ensuring that all disclosed information regarding the transaction is true, accurate, and complete, taking on legal responsibility for any false statements or omissions[152]. - The company has not engaged in any insider trading or related party transactions that could harm its interests or those of its shareholders[152]. - The company has not experienced any major litigation or arbitration matters during the reporting period[178]. - The company has not provided guarantees for any entities with a debt-to-asset ratio exceeding 70%[192].

Financial Performance - The company's operating revenue for Q1 2021 was ¥86,072,764.54, representing a 79.71% increase compared to ¥47,895,997.23 in the same period last year[7] - Net profit attributable to shareholders for Q1 2021 was ¥12,907,040.21, up 63.81% from ¥7,879,305.76 in the previous year[7] - The net profit after deducting non-recurring gains and losses was ¥11,975,611.54, an increase of 85.85% compared to ¥6,443,765.54 in the same period last year[7] - Basic earnings per share for Q1 2021 were ¥0.1185, reflecting a 63.67% increase from ¥0.0724 in the same period last year[7] - Total operating revenue for Q1 2021 reached ¥86,072,764.54, a significant increase of 79.8% compared to ¥47,895,997.23 in the same period last year[54] - Total operating costs for Q1 2021 were ¥74,678,591.43, up 75.3% from ¥42,622,161.37 in Q1 2020[55] - Net profit for Q1 2021 was ¥12,392,756.30, representing a 79.5% increase from ¥6,891,732.97 in Q1 2020[56] - The company reported a total profit of ¥14,006,421.55 for Q1 2021, up 74.8% from ¥8,032,153.84 in Q1 2020[56] - The total comprehensive income for the first quarter of 2021 was CNY 11,886,871.03, compared to CNY 6,428,330.00 in the same period last year, representing an increase of approximately 84.3%[62] Cash Flow - The net cash flow from operating activities was ¥6,818,440.27, a significant improvement of 270.96% from -¥3,988,319.54 in the previous year[7] - Operating cash inflow for the first quarter was CNY 123,367,958.73, up from CNY 68,842,428.22, indicating an increase of about 79.4% year-over-year[61] - Cash inflow from financing activities was CNY 31,285,918.24, compared to CNY 11,863,288.09 in the previous year, marking an increase of approximately 163.5%[62] - The net cash flow from financing activities was CNY 5,369,570.84, a recovery from a negative CNY 8,298,657.86 in the previous year[63] - The company recorded a significant increase in sales revenue, with cash received from sales reaching CNY 120,233,942.84, compared to CNY 67,566,084.81 in the previous year, representing an increase of about 77.9%[61] Assets and Liabilities - Total assets at the end of the reporting period were ¥819,547,192.40, a 1.12% increase from ¥810,467,730.74 at the end of the previous year[7] - Current assets totaled CNY 476,085,024.48, slightly down from CNY 480,502,662.64 at the end of 2020, indicating a decrease of about 0.87%[45] - Total liabilities decreased to CNY 259,823,186.41 from CNY 263,599,218.14, a reduction of approximately 1.46%[47] - The company's equity increased to CNY 559,724,005.99 from CNY 546,868,512.60, reflecting a growth of about 2.25%[48] - The company's total liabilities increased to ¥154,342,819.48 in Q1 2021, up from ¥148,987,753.37 in Q1 2020[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,078[11] - Net assets attributable to shareholders increased by 2.50% to ¥548,047,978.82 from ¥534,678,201.52 at the end of the previous year[7] Research and Development - Research and development expenses rose by 58.48% year-on-year, driven by increased investment in R&D[20] - Research and development expenses for Q1 2021 were ¥5,003,132.87, a 58.5% increase from ¥3,156,972.07 in Q1 2020[55] Strategic Initiatives - The company plans to enhance its management capabilities and optimize its management model to address the increasing complexity of operations due to business expansion[29] - The company aims to diversify its industry layout and establish long-term partnerships with leading enterprises in emerging markets to mitigate cyclical risks in the semiconductor industry[27] - The company will focus on improving product competitiveness through continuous R&D and market demand analysis to minimize product development risks[31] - The company intends to strengthen communication with upstream manufacturers to maintain important product line authorizations and reduce channel risks[31] - The company will enhance its human resource strategy to attract and retain specialized talent in the barcode recognition and semiconductor industries[30] - The company will actively pursue overseas market expansion and diversify its product offerings to enhance competitiveness in the barcode recognition business[28] Investment and Projects - The total amount of raised funds for the quarter is 20,700.9 million RMB, with 75 million RMB invested during this period[35] - The cumulative amount of raised funds that have been repurposed is 9,947.02 million RMB, representing 48.05% of the total raised funds[35] - The investment in the "Commercial Barcode Reading Equipment" project is 7,730.33 million RMB, which has not yet been utilized[36] - The "Industrial Barcode Reading Equipment" project has a total investment of 5,905.46 million RMB, with 0% progress reported[36] - The "R&D Center Construction" project has achieved 99.47% completion with a cumulative investment of 5,087.19 million RMB[36] - The "Marketing Network Construction" project has been fully completed with an investment of 1,977.92 million RMB[36] - The total investment in the "Guangwei Integration Technology (Shenzhen) Co., Ltd." project is 9,947.02 million RMB, with 75 million RMB invested during the reporting period[37] - The company has adjusted the implementation schedule for several projects due to rising real estate prices in Shenzhen, delaying property purchases[36] Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[39] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[40] - The company did not engage in any research, communication, or interview activities during the reporting period[41] - The report for the first quarter of 2021 was not audited[75]