Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2021, representing a year-on-year increase of 20%[31]. - Net profit for the first half of 2021 reached RMB 100 million, up 15% compared to the same period last year[31]. - The gross margin for the first half of 2021 was reported at 35%, a slight increase from 33% in the previous year[31]. - The management has provided a revenue guidance of RMB 1.2 billion for the full year 2021, indicating a growth target of 15%[31]. - The company's operating revenue for the reporting period reached ¥1,581,386,375.59, representing a 46.72% increase compared to ¥1,077,830,321.11 in the same period last year[33]. - Net profit attributable to shareholders was ¥187,790,684.93, a significant increase of 119.71% from ¥85,473,756.62 year-on-year[33]. - The net profit after deducting non-recurring gains and losses was ¥171,787,329.21, reflecting a 171.85% increase compared to ¥63,193,106.62 in the previous year[33]. - The net cash flow from operating activities was ¥123,111,983.03, up 23.17% from ¥99,949,685.72 in the same period last year[33]. - Basic and diluted earnings per share were both ¥0.45, marking a 125.00% increase from ¥0.20 year-on-year[33]. 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 2022[31]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[31]. - The company has entered the supply chains of major smartphone brands such as Huawei, Xiaomi, and Samsung[79]. - The company aims to capitalize on the growth of the automotive industry, especially in new energy vehicles, to enhance its market position[137]. Product Development and Innovation - Research and development expenses accounted for 10% of total revenue, reflecting the company's commitment to innovation and new product development[31]. - The company has launched two new product lines in the automotive sector, expected to contribute an additional RMB 50 million in revenue by the end of 2021[31]. - The company has developed a strong R&D capability, holding 167 domestic and international patents, including 21 invention patents and 116 utility model patents[89]. - The company is focusing on the development of high-speed connectors for automotive applications, including FAKRA and MINIFAKRA connectors, to meet the growing demand for data communication in vehicles[86]. Environmental and Social Responsibility - The company has invested significantly in wastewater and exhaust gas treatment facilities from 2018 to 2020, with approximately 60% of wastewater being reused[159]. - The company has obtained ISO14001, ISO14064, and ISO50001 certifications to enhance its environmental management and reduce greenhouse gas emissions[159]. - The company has been recognized as a "Safety Production Standardization Level 3 Compliant Enterprise" by the Shenzhen Emergency Management Bureau[159]. - The company donated 200,000 RMB to flood-affected areas in Henan Province through the Shenzhen Guangming District Charity Association[160]. - The company has expanded its recruitment scale in mainland China, prioritizing employment for individuals from impoverished areas[160]. Legal Matters - The company is involved in a civil lawsuit against LeEco Mobile for a contract dispute, claiming a payment of $2,137,103 and overdue interest, which could positively impact future profits if executed[174]. - In another lawsuit against LeEco Mobile, the company seeks RMB 7,658,740 in payments and interest, with a court ruling requiring payment of RMB 7,432,166.1 and interest based on the People's Bank of China loan rate[175]. - The company faced a lawsuit from Murata Manufacturing Co., Ltd. regarding patent infringement, with the court ruling in favor of the company, dismissing all claims[175]. - The company is currently appealing a ruling that requires it to pay RMB 200,000 in damages and RMB 132,358 in legal costs to Murata Manufacturing Co., Ltd. for design patent infringement[175]. Investment and Fundraising - The total amount of raised funds is CNY 185,966.81 million, with CNY 15,943.15 million invested during the reporting period[108]. - The cumulative investment of raised funds reached CNY 78,075.52 million, with 44.30% of the funds having been repurposed[108]. - The company has shifted part of its fundraising from the original project to support the growing demand for RF connectors and interconnect systems in the 5G market[119]. Operational Efficiency - The company is focusing on enhancing production automation and information technology to improve efficiency and reduce costs[53]. - The company has improved its production efficiency and profitability by optimizing customer structure and increasing utilization rates in non-RF connector products[84]. - The operating costs increased to ¥1,059,644,841.66, up 38.76% from ¥763,658,135.42, primarily due to increased sales[97]. Shareholder Relations - The company has implemented a stable cash dividend policy since its listing, actively returning profits to shareholders[163]. - The company ensures fair treatment of all shareholders, particularly minority shareholders, during shareholder meetings[163]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[169]. Risks and Challenges - The company faces risks related to the rapid upgrade of downstream industry demands, particularly in technology research and new product development[133]. - Rising prices of key raw materials and plating services pose a risk to profit margins if costs cannot be passed on to customers[137]. - Increased U.S.-China trade tensions may introduce uncertainties that could impact the company's trade relations and overall business environment[139].

Financial Performance - The company reported a total revenue of RMB 280.8 million for the year 2020, representing a year-on-year increase of 15%[18] - The net profit attributable to shareholders was RMB 45.2 million, an increase of 20% compared to the previous year[18] - The company's operating revenue for 2020 was ¥2,592,481,522.44, representing a year-over-year increase of 19.98% from ¥2,160,692,368.07 in 2019[23] - The net profit attributable to shareholders for 2020 was ¥268,738,344.58, a 48.65% increase compared to ¥180,786,681.20 in 2019[23] - The net cash flow from operating activities reached ¥440,561,912.26, showing a significant increase of 952.94% from ¥41,841,098.10 in the previous year[23] - The basic earnings per share for 2020 was ¥0.97, up 49.23% from ¥0.65 in 2019[23] - The total assets at the end of 2020 amounted to ¥4,710,805,678.74, an increase of 11.95% from ¥4,207,910,756.64 at the end of 2019[23] - The company achieved operating revenue of CNY 2,592,481,522.44, a year-on-year increase of 19.98%[65] - Net profit attributable to shareholders reached CNY 268,738,344.58, up 48.65% compared to the previous year[65] - The company's cash flow from operating activities was CNY 440,561,912.26, a significant increase of 952.94% year-on-year[65] User Growth and Market Expansion - User data showed a growth in active users by 25% year-on-year, reaching 1.5 million active users by the end of 2020[18] - The company is focusing on expanding its market presence in Southeast Asia, targeting a 30% increase in market share by 2022[18] - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in sales in that region over the next two years[181] - The company aims to increase its international market share and improve responsiveness to overseas mobile terminal customers, with plans to execute an overseas strategic layout in 2021[145] Product Development and Innovation - New product development includes the launch of a 5G-compatible connector line, expected to contribute an additional RMB 50 million in revenue in 2021[18] - The company has developed a range of micro RF connectors that are now on par with international standards, widely used in smart mobile terminals and emerging products[35] - The company is focusing on the development of RF micro-connectors and interconnect systems to meet the growing demand in the 5G market[71] - The company has successfully developed a new high-frequency connector for 5G communication devices, which has entered mass production[98] - The company has initiated the development of a high-stability FPC connector, which has already entered mass production and fills a gap in low-height, narrow-pitch FPC products[97] - The company has completed the design of an automatic assembly technology for automotive precision products, expected to improve production efficiency by over 50%[97] - The company has developed a waterproof and high-temperature resistant wiring harness for electric bicycles, which is now in mass production[99] Research and Development - The company has established a strong R&D capability with 145 patents, including 19 invention patents and 100 utility model patents, supporting continuous product development and technological advancement[57] - The company has increased its investment in production automation and information technology, enhancing manufacturing efficiency and capacity[42] - The company has committed to investing 200 million RMB in research and development for new technologies over the next three years[181] - Research and development expenses increased by 34.27% to ¥274,199,377.12, reflecting the company's commitment to innovation[92] - The number of R&D personnel increased to 760 in 2020, accounting for 13.72% of the total workforce, down from 14.24% in 2019[102] Strategic Partnerships and Acquisitions - The company has initiated a strategic partnership with a leading technology firm to enhance R&D capabilities, aiming for a 15% reduction in production costs[18] - The company is exploring potential acquisitions to diversify its product offerings, with a budget of RMB 100 million allocated for this purpose[18] - A strategic acquisition of a local competitor is planned, which is expected to enhance the company's technological capabilities and customer base[181] Financial Management and Investments - The company plans to distribute a cash dividend of RMB 4 per 10 shares, totaling RMB 11.23 million[8] - The total cash dividend proposed for 2020 is CNY 112,320,000, which accounts for 41.80% of the net profit attributable to shareholders of the listed company[162] - The total cash dividend, including share repurchase, amounts to CNY 207,235,867.92, representing 77.12% of the net profit attributable to shareholders of the listed company for 2020[161] - The company has committed to not transferring or entrusting the management of shares held before the IPO for 36 months, with a maximum reduction of 20% in the following two years[169] - The company plans to stabilize its stock price by potentially repurchasing shares, with the total amount not exceeding 10% of the previous year's audited net profit attributable to shareholders[171] Risks and Challenges - The company faces risks related to rising procurement prices of key raw materials and electroplating services, which accounted for over 50% of production costs during the reporting period[149] - The company is exposed to uncertainties due to escalating Sino-U.S. trade tensions, which could impact trade relations with foreign clients[150] - The company reported that sales revenue from smartphone industry clients has decreased to less than 70% during the reporting period, indicating a potential risk if the smartphone industry experiences significant adverse changes[149] Compliance and Governance - The company has maintained compliance with all regulatory requirements, with no reported non-operational fund occupation by major shareholders[183] - The company has confirmed that there are no issues with the disclosure of the use of raised funds, ensuring accuracy and compliance[128] - The company has fulfilled its commitment regarding information disclosure, ensuring no false records or misleading statements in the initial public offering prospectus[175]

Financial Performance - The company's operating revenue for Q1 2021 was ¥815,945,679.85, representing a 77.05% increase compared to ¥460,866,898.07 in the same period last year[9]. - Net profit attributable to shareholders was ¥102,507,868.26, a significant increase of 479.04% from ¥17,703,112.92 year-on-year[9]. - The net profit after deducting non-recurring gains and losses reached ¥96,707,897.72, up 658.59% from ¥12,748,311.13 in the previous year[9]. - Basic and diluted earnings per share were both ¥0.37, reflecting a 516.67% increase from ¥0.06 in the previous year[9]. - The company reported a net profit of CNY 1.31 billion, up from CNY 1.21 billion, indicating a growth of approximately 6.6% in retained earnings[59]. - The total comprehensive income for the first quarter was CNY 101,806,861.78, compared to CNY 22,239,690.66 in the same period last year[75]. - The operating profit for the first quarter was CNY 119,912,380.17, up from CNY 27,721,196.22, marking an increase of approximately 333%[75]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥121,259,931.67, showing a 6.58% increase from ¥113,774,087.89 in the same period last year[9]. - Cash and cash equivalents increased by 58.04% to CNY 1,819,287,962.98 from CNY 1,151,187,018.15 year-over-year[22]. - Cash received from sales and services increased by 35.87% year-on-year to approximately ¥814.06 million, driven by significant sales growth[28]. - The company reported a total operating cash inflow of CNY 871,596,789.60, up from CNY 615,877,114.69 in the previous year[80]. - Cash and cash equivalents at the end of the period totaled ¥1,672,973,545.64, an increase from ¥1,023,097,847.15, marking a growth of 63.6%[86]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,926,050,138.47, an increase of 4.57% from ¥4,710,805,678.74 at the end of the previous year[9]. - The total liabilities increased to approximately CNY 1.16 billion from CNY 1.06 billion, representing a rise of about 9.3%[57]. - The company's equity attributable to shareholders rose to approximately CNY 3.68 billion from CNY 3.57 billion, an increase of about 3.1%[59]. - The total current liabilities were ¥847,938,528.48, with accounts payable at ¥439,283,412.65[97]. - The company’s total liabilities and equity amounted to ¥4,466,480,992.98, showing a balanced financial structure[97]. Investments and R&D - The company plans to continue investing in R&D to maintain competitiveness in the rapidly evolving 5G market[36]. - Research and development expenses for Q1 2021 amounted to CNY 67,338,367.11, up from CNY 56,676,010.72, reflecting a year-over-year increase of 18.8%[66]. - The cumulative amount of raised funds invested in projects is 71,273.8 million yuan, with a total of 9,141.43 million yuan invested in the current quarter[39]. Customer Dynamics - The top five customers accounted for 39.44% of total sales, down from 52.87% in the previous year, indicating a shift in customer dynamics[31]. Project Updates - The project for increasing capital in Hefei Electric Link for connector industry base construction has been delayed to December 31, 2022, due to stricter verification and reliability requirements[42]. - The Shenzhen headquarters production base technical transformation and capacity expansion project has also been postponed to December 31, 2022, due to increased demand for 5G product development[45]. - The 5G high-performance materials RF and interconnection system industry base project has a projected completion date of December 31, 2023, with an investment amount of 82,383 million yuan[43]. Compliance and Governance - The company has not experienced any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[38]. - There are no violations regarding external guarantees during the reporting period[47]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[48].

证券代码：300679 证券简称：电连技术 公告编号：2020-081 电连技术股份有限公司 关于参加 2020 深圳辖区"诚实守信，做受尊重的上市公司" 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，电连技术股份有限公司（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"诚实守 信，做受尊重的上市公司"——2020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 2020年12月8日9:00至17:00，其中公司与投资者网上互动时间为2020年12月8日 15:30至17:00。 届时公司副总经理、董事会秘书聂成文先生，财务总监陈葆青先生将通过网络 文字交流形式与投资者进行沟通。 欢迎广大投资者积极参 ...

Financial Performance - Revenue for the quarter reached RMB 783,032,781.19, a 32.09% increase year-over-year[9] - Net profit attributable to shareholders surged by 154.48% to RMB 104,543,393.69[9] - Basic earnings per share rose by 153.33% to RMB 0.38[9] - Weighted average return on equity increased by 1.84 percentage points to 3.04%[9] - Total operating revenue for the period was RMB 783,032,781.19, a significant increase from RMB 592,801,985.63 in the previous period[49] - Operating profit for the period was RMB 129,880,741.10, up from RMB 49,108,015.03 in the previous period[53] - Net profit attributable to the parent company's owners was RMB 104,543,393.69, compared to RMB 41,081,865.82 in the previous period[53] - Revenue for the first three quarters reached 1.86 billion yuan, a 24.7% increase compared to the same period last year[61] - Net profit for the first three quarters was 195.31 million yuan, a 41.5% increase year-over-year[65] - Basic earnings per share for the first three quarters were 0.68 yuan, a 36% increase year-over-year[68] - Total comprehensive income for the first three quarters was 195.14 million yuan, a 41.2% increase compared to the same period last year[68] - Revenue for the current period reached 1,585,433,884.70 yuan, a significant increase from the previous period's 1,248,893,553.36 yuan[69] - Operating profit for the current period was 223,846,409.62 yuan, compared to 170,063,692.03 yuan in the previous period[71] - Net profit for the current period was 186,364,717.75 yuan, up from 144,472,580.65 yuan in the previous period[71] - Basic earnings per share (EPS) for the current period was 0.67 yuan, compared to 0.52 yuan in the previous period[73] Cash Flow and Financial Position - Cash flow from operating activities soared by 359.99% to RMB 38,622,863.55[9] - Total assets increased by 5.22% to RMB 4,427,408,954.15 compared to the end of the previous year[9] - Cash and cash equivalents rose to 1,493,630,031.87 yuan, up from 1,163,985,417.02 yuan at the end of 2019[37] - Total liabilities rose to 855,341,073.25 yuan, up from 686,922,981.94 yuan at the end of 2019[43] - Shareholders' equity increased to 3,572,067,880.90 yuan, compared to 3,520,987,774.70 yuan at the end of 2019[43] - Total liabilities increased to RMB 697,566,451.10 from RMB 565,837,681.13 in the previous period[47] - Total owner's equity was RMB 3,530,159,422.21, slightly up from RMB 3,488,558,117.82 in the previous period[47] - Cash flow from operating activities was 138,572,549.27 yuan, a significant increase from 50,194,470.86 yuan in the previous period[74] - Cash flow from investing activities was 314,427,987.88 yuan, up from 156,441,507.39 yuan in the previous period[76] - Cash flow from financing activities was -120,102,237.36 yuan, compared to -25,920,000.00 yuan in the previous period[78] - Net increase in cash and cash equivalents was 331,481,397.58 yuan, up from 185,005,961.36 yuan in the previous period[78] - Net cash flow from operating activities was 105,573,540.30 yuan, slightly down from 108,909,407.12 yuan in the previous period[82] - Net cash flow from investing activities increased to 331,643,062.93 yuan from 174,879,238.27 yuan in the previous period[82] - Net cash flow from financing activities was -144,763,413.36 yuan, compared to -25,920,000.00 yuan in the previous period[83] - The net increase in cash and cash equivalents was 291,708,717.64 yuan, up from 261,823,096.64 yuan in the previous period[83] - The ending balance of cash and cash equivalents was 1,408,480,292.78 yuan, compared to 1,102,364,967.02 yuan in the previous period[83] Assets and Investments - Transactional financial assets increased by 100.00% to 500,000,000.00 RMB due to the purchase of financial products[25] - Accounts receivable increased by 235.32% to 191,765,080.06 RMB due to increased sales[25] - Other current assets decreased by 99.28% to 7,997,362.00 RMB due to reclassification of financial products as transactional financial assets[25] - Other equity instrument investments increased by 172.41% to 39,500,000.00 RMB due to external investments[25] - Fixed assets increased by 36.82% to 597,442,103.29 RMB due to the implementation of headquarters technical renovation and expansion using raised funds[25] - Construction in progress increased by 66.26% to 251,931,522.99 RMB due to the implementation of headquarters technical renovation and expansion using raised funds[25] - Total assets increased to 4,427,408,954.15 yuan as of September 30, 2020, compared to 4,207,910,756.64 yuan at the end of 2019[43] - Trade receivables grew to 643,768,282.72 yuan, compared to 559,446,799.76 yuan at the end of 2019[37] - Inventory increased to 418,295,536.77 yuan, up from 382,515,783.40 yuan at the end of 2019[37] - Fixed assets expanded to 597,442,103.29 yuan, compared to 490,177,798.03 yuan at the end of 2019[39] - Trade payables grew to 540,209,012.61 yuan, up from 369,941,615.64 yuan at the end of 2019[39] - Long-term investments in other equity instruments increased to 39,500,000.00 yuan, compared to 14,500,000.00 yuan at the end of 2019[39] - Construction in progress expanded to 251,931,522.99 yuan, up from 220,406,016.50 yuan at the end of 2019[39] R&D and Expenses - R&D expenses increased by 40.75% to 168,918,468.49 RMB due to increased R&D investment and employee compensation[26] - R&D expenses for the period were RMB 68,512,978.71, an increase from RMB 55,714,696.41 in the previous period[51] - R&D expenses for the first three quarters were 190.35 million yuan, a 34.5% increase compared to the same period last year[65] - R&D expenses for the current period were 168,918,468.49 yuan, compared to 120,012,025.08 yuan in the previous period[69] - Sales expenses for the first three quarters were 68.90 million yuan, a 13.5% increase year-over-year[65] - Management expenses for the first three quarters were 119.73 million yuan, a 44.7% increase compared to the same period last year[65] - Asset impairment loss for the first three quarters was 3.22 million yuan, a 78.6% decrease year-over-year[65] - Income tax expense for the first three quarters was 36.53 million yuan, a 48.4% increase compared to the same period last year[65] - Cash paid for other operating activities increased by 58.17% to 168,905,448.19 RMB due to increased R&D and market expansion expenses[28] Shareholder Information - The top shareholder, Chen Yuxuan, holds 25.41% of the shares, with 53,510,230 shares under lock-up[13] - The company's top 10 shareholders include several individuals with family relationships, indicating potential influence over corporate decisions[15] - No preferred shareholders or significant changes in restricted shares were reported during the quarter[18] Other Income and Expenses - Non-recurring gains and losses amounted to RMB 31,735,448.59, primarily from government subsidies and financial income[9] - Other income increased by 92.91% to 15,866,178.91 RMB due to increased government subsidies[27] - Tax refunds received increased by 146.59% to 25,693,716.48 RMB due to increased export tax rebates[28] - Sales revenue from goods and services was 1,707,350,421.13 yuan, up from 1,374,157,854.85 yuan in the previous period[74] - Sales of goods and services received cash of 1,455,529,404.98 yuan, an increase from 1,242,186,413.83 yuan in the previous period[80] - Total cash inflows from operating activities were 1,542,931,265.00 yuan, up from 1,251,589,642.00 yuan in the previous period[80] - Cash paid for goods and services was 1,108,522,477.19 yuan, compared to 922,034,126.21 yuan in the previous period[80] Miscellaneous - The company did not adjust the beginning balance sheet items for the year 2020[84] - The third-quarter report was not audited[85]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,077,830,321.11, representing a 19.84% increase compared to CNY 899,379,316.69 in the same period last year[23]. - The net profit attributable to shareholders of the listed company decreased by 13.18% to CNY 85,473,756.62 from CNY 98,449,950.54 year-on-year[23]. - The net profit after deducting non-recurring gains and losses was CNY 63,193,106.62, down 19.00% from CNY 78,012,042.15 in the previous year[23]. - The net cash flow from operating activities increased by 52.82% to CNY 99,949,685.72, compared to CNY 65,403,922.91 in the same period last year[23]. - The basic earnings per share for the reporting period was CNY 0.31, down 13.89% from CNY 0.36 in the same period last year[23]. - The diluted earnings per share also stood at CNY 0.31, reflecting a 13.89% decrease compared to the previous year[23]. - The weighted average return on net assets was 2.53%, a decline of 0.37% from 2.90% in the same period last year[23]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,173,697,847.49, a decrease of 0.81% from CNY 4,207,910,756.64 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company decreased by 1.72% to CNY 3,388,043,973.80 from CNY 3,447,268,701.18 at the end of the previous year[23]. - The cash and cash equivalents decreased by 1.48% to ¥1,048,044,476.90 from ¥1,079,930,210.91 at the end of the previous year[69]. - The total amount committed for the investment project in Hefei Electric is CNY 961.87 million, with an actual investment of CNY 25.58 million during the reporting period, achieving a progress rate of 19.23%[73]. - The total current liabilities were not specified, but the company maintained a stable financial position without any overdue bonds[186]. Investments and R&D - The company has increased its investment in automation and information technology, maintaining stable production costs per unit[38]. - The company continues to focus on R&D for new products, particularly in the micro RF connector space, to capitalize on the upcoming 5G market opportunities[42]. - Research and development expenses increased by 41.92% to ¥121,833,669.86, up from ¥85,848,454.24, driven by rising salaries for R&D personnel[64]. - The company has established a strong R&D capability with 113 domestic patents, including 16 invention patents and 80 utility model patents, enhancing its competitive edge[46]. - The company has made significant progress in the development of RF connection products for the low-speed 5G IoT sector, responding to market demands and expanding its customer base[61]. Market Position and Sales - The company has established itself as a key supplier for major global smartphone brands, including Huawei, Oppo, and Samsung, enhancing its market position[42]. - The company’s automotive connector sales saw a significant year-on-year growth, particularly in Q2 2020, as domestic brands gained market share due to declines in foreign competitors' sales[37]. - The connector business revenue declined by 15.51% to ¥372,569,267.54, while the electromagnetic compatibility components business grew by 29.48% to ¥361,796,526.69[55]. - The company’s customer structure has improved, with a decreasing revenue share from mobile phone products and an increasing share from other industries, including automotive and IoT[58]. Environmental and Social Responsibility - The company invested 500,000 RMB to improve educational resources in impoverished areas during the reporting period[150]. - The total amount donated by the company for pandemic prevention efforts was 1,070,000 RMB[150]. - The company has established a monitoring system for wastewater discharge, ensuring real-time compliance with environmental standards[144]. - The company has set up an emergency response plan for environmental incidents, which was filed with government authorities[142]. Legal Matters - The company has ongoing litigation against LeEco Mobile for a contract dispute, seeking payment of $2,137,103 and overdue interest, which could positively impact future profits if collected[112]. - In another case against LeEco Mobile, the company is pursuing RMB 7,432,166.1 in payments and interest, with a court ruling in its favor, potentially enhancing future financial performance[112]. - The company is involved in a lawsuit with Murata Manufacturing Co., Ltd. regarding patent infringement, with claims amounting to RMB 330,000, and the case is still in progress[113]. - A separate lawsuit with Murata Manufacturing concerning design patent infringement is also ongoing, with claims of RMB 1,520,000[113]. Shareholder Information - The company has repurchased a total of 3,869,192 shares, accounting for 1.3779% of the total share capital, with a total payment of 150,081,197.27 RMB[155]. - The total number of shares after the recent changes is 280,800,000, with 143,895,194 shares under limited sale conditions, representing 51.24% of the total[160]. - The company has a total of 19,929 shareholders as of the end of the reporting period[167]. - The company has implemented a share repurchase plan that is set to last for 12 months from the approval date[161].

Financial Performance - Total revenue for Q1 2020 was ¥460,866,898.07, representing a 22.63% increase compared to ¥375,805,891.98 in the same period last year[9] - Net profit attributable to shareholders decreased by 58.72% to ¥17,703,112.92 from ¥42,887,118.48 year-on-year[9] - Basic and diluted earnings per share dropped by 60.00% to ¥0.06 from ¥0.15 in the same period last year[9] - The company reported a significant increase in accounts payable by 84.52% to ¥317,863,027.84 from ¥172,264,221.89, due to increased procurement for customer deliveries[24] - The company faced challenges in Q1 2020, including increased uncompleted orders and fixed costs due to the impact of the COVID-19 pandemic[28] - The company reported a total comprehensive income of approximately ¥22.24 million for Q1 2020, down from ¥49.79 million in the previous year, a decline of 55%[80] Cash Flow and Liquidity - Net cash flow from operating activities improved significantly to ¥113,774,087.89, compared to a negative cash flow of ¥8,730,547.94 in the previous year, marking a 1,403.17% increase[9] - As of March 31, 2020, cash and cash equivalents decreased by 46.35% to ¥1,151,187,018.15 from ¥2,145,866,399.82 in the previous year[24] - The company experienced a net decrease in cash and cash equivalents of -¥93,673,727.99 during the quarter, contrasting with an increase of ¥1,204,624,797.66 in Q1 2019[88] - The total cash and cash equivalents at the end of Q1 2020 stood at ¥1,023,097,847.15, down from ¥2,045,166,668.04 at the end of Q1 2019, indicating a liquidity contraction[88] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,077,805,496.05, a decrease of 3.09% from ¥4,207,910,756.64 at the end of the previous year[9] - Total current assets amounted to approximately ¥3.05 billion, a decrease of about 5.1% from ¥3.22 billion as of December 31, 2019[56] - Total liabilities decreased to approximately ¥635.09 million from ¥686.92 million, reflecting a decline of about 7.5%[60] - The total equity attributable to shareholders decreased to approximately ¥3.37 billion from ¥3.45 billion, a decline of about 2.1%[62] Research and Development - R&D expenses surged by 50.03% to ¥56,676,010.72 compared to ¥37,777,354.44 in the previous year, reflecting increased investment in research and development[26] - The company is committed to continuous investment in R&D to meet the fast-evolving demands of the downstream industry, particularly in the context of 5G technology[30] - The company emphasizes the importance of maintaining a stable core technology team to sustain its competitive advantage, especially in the context of increasing demand for 5G-related talent[32] Market and Industry Risks - The company faces risks related to rising costs of raw materials and electroplating services, which accounted for over 50% of production costs in the previous year[34] - The company acknowledges potential adverse impacts on sales and profitability if there are significant negative changes in the smartphone industry[33] - The company is at risk of declining profitability if labor costs continue to rise, as labor expenses constitute a significant portion of total costs[35] - The company is facing macroeconomic uncertainties due to the COVID-19 pandemic and ongoing trade tensions, which could negatively impact the consumer electronics sector[36] Investment and Projects - The company has postponed the completion date of the connector industry base construction project in Hefei from December 31, 2019, to December 31, 2020, due to uncertainties in the 5G market and the need for additional capacity[46] - The Shenzhen headquarters production base expansion project has also been delayed to December 31, 2020, with an investment of approximately 76.9 million yuan, representing a 28.46% increase in planned investment[47] - The R&D center upgrade and production line automation project has been rescheduled to July 31, 2020, with an investment of about 12.9 million yuan, reflecting a significant 79.38% increase in planned investment[49] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,053[12] - The largest shareholder, Chen Yuxuan, holds 25.41% of the shares, amounting to 71,346,974 shares, with 12,000,000 shares pledged[12] - The company has repurchased a total of 3,869,192 shares, representing 1.3779% of the total share capital as of March 31, 2020, with a total payment of approximately RMB 150.08 million[41]

Financial Performance - The company's operating revenue for 2019 was CNY 2,160,692,368.07, representing a 61.09% increase compared to CNY 1,341,313,955.02 in 2018[22] - The net profit attributable to shareholders for 2019 was CNY 180,786,681.20, a decrease of 24.63% from CNY 239,869,865.26 in 2018[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 132,951,879.82, down 31.88% from CNY 195,186,199.71 in 2018[22] - The basic earnings per share for 2019 was CNY 0.64, a decrease of 24.71% compared to CNY 0.85 in 2018[22] - The total assets at the end of 2019 were CNY 4,207,910,756.64, an increase of 10.22% from CNY 3,817,781,764.27 at the end of 2018[22] - The net assets attributable to shareholders at the end of 2019 were CNY 3,447,268,701.18, a 2.98% increase from CNY 3,347,492,356.49 at the end of 2018[22] - The net cash flow from operating activities for 2019 was CNY 41,841,098.10, a significant decrease of 87.51% from CNY 335,026,928.10 in 2018[22] - The weighted average return on net assets for 2019 was 5.28%, down from 7.43% in 2018[22] Revenue Breakdown - The company's total revenue for Q4 2019 reached ¥668,511,065.75, marking a significant increase compared to previous quarters[25] - The connector business generated revenue of ¥766,535,127.75, an increase of 22.93% compared to the previous year[59] - The electromagnetic compatibility components business reported revenue of ¥696,484,606.06, up 34.60% year-on-year[59] - Other electronic components business saw a significant revenue increase of 603.7%, totaling ¥353,946,987.21[59] - Revenue from electronic components accounted for ¥2,139,385,578.42, which is 99.01% of total revenue, with a year-on-year growth of 60.27%[71] - The company’s domestic revenue was ¥1,756,122,353.78, making up 81.28% of total revenue, while international revenue surged to ¥404,570,014.29, a 198.99% increase year-on-year[71] R&D and Innovation - The company has developed proprietary micro RF connectors that meet international standards, positioning itself as a key supplier in the domestic market[33] - The company has a strong focus on R&D, which has led to significant technological advancements in micro RF connectors, breaking the international monopoly[37] - The company has established a research institute to enhance R&D capabilities, focusing on 5G-related technologies and products[62] - The company has developed 15 major R&D projects, including a 5G multi-frequency antenna and a high-current USB Type-C connector[84][85] - The company holds 101 domestic and international patents, including 13 invention patents and 67 utility model patents[84] Market Position and Strategy - The company has entered the supply chains of major global smartphone brands, including Huawei, Oppo, and Samsung, solidifying its position in the market[46] - The company is actively expanding its market presence in non-mobile sectors, particularly in IoT and industrial connectors, anticipating growth driven by 5G developments[59] - The company plans to enhance its product strategy by expanding into non-mobile sectors and increasing marketing efforts in the Internet of Things (IoT) applications[171] - The company aims to leverage its R&D strengths to position itself favorably in the future 5G market, enhancing its competitive landscape[50] Operational Efficiency - The company employs a direct sales model, establishing multiple sales offices domestically and internationally to enhance customer engagement[35] - The company plans to maintain its current operational models in procurement, production, R&D, and sales in the foreseeable future[37] - The company upgraded its information systems, including the introduction of an advanced SAP system, to improve operational efficiency and cost control[67] - The company has implemented measures to enhance production efficiency to mitigate the impact of rising labor costs[185] Risks and Challenges - The company faces risks related to the rapid upgrade of downstream industry demands and the need for continuous high-level R&D capabilities[180] - The importance of retaining specialized talent is emphasized, as the loss of technical personnel could significantly impact market competitiveness[181] - The company faces risks of declining profit levels if the procurement prices of major raw materials and electroplating services rise without timely cost transfer to downstream clients, with these costs exceeding 50% of production costs[184] - The overall economic uncertainty since 2020, influenced by the COVID-19 pandemic and trade tensions, poses risks to the consumer electronics sector[186] Dividend and Shareholder Returns - The company plans to distribute a cash dividend of CNY 1.8 per 10 shares to all shareholders, based on a total of 276,930,808 shares[9] - The total cash dividend distribution, including other methods, amounts to approximately RMB 105.01 million, representing 100% of the profit distribution total[197] - The company has not proposed any stock increases or bonus shares for the 2019 fiscal year, focusing solely on cash dividends[198]

Financial Performance - Operating revenue for the period reached CNY 592,801,985.63, a significant increase of 75.45% year-on-year[9] - Net profit attributable to shareholders decreased by 47.89% to CNY 41,081,865.82 compared to the same period last year[9] - Basic earnings per share fell by 46.43% to CNY 0.15[9] - The company achieved operating revenue of RMB 1.49 billion, a year-on-year increase of 58.75% due to increased product shipments and consolidation of subsidiary revenues[19] - Net profit decreased by 31.71% year-on-year to RMB 138 million, primarily due to increased market competition and rising material costs[22] - Total operating revenue for Q3 2019 was CNY 592.80 million, an increase of 75.1% compared to CNY 337.88 million in the same period last year[49] - Net profit for Q3 2019 was CNY 43.68 million, a decrease of 44.9% from CNY 79.17 million in Q3 2018[51] - The company's total operating revenue for the current period reached ¥475,082,832.82, a significant increase from ¥337,366,775.60 in the previous period, representing a growth of approximately 41%[59] - The net profit for the current period was ¥38,044,762.15, compared to ¥78,460,436.34 in the previous period, indicating a decline of about 51%[60] Assets and Liabilities - Total assets increased by 9.20% to CNY 4,169,180,902.22 compared to the end of the previous year[9] - The company's total current assets amounted to CNY 3,251,921,390.04, compared to CNY 3,050,677,618.70 at the end of 2018, indicating an increase of about 6.6%[37] - Total liabilities increased to CNY 634,354,791.62 from CNY 395,236,535.99, which is an increase of about 60.5%[39] - The company's equity attributable to shareholders reached CNY 3,461,244,268.73, up from CNY 3,347,492,356.49, indicating a growth of approximately 3.4%[41] - The company's total assets increased significantly, with total operating revenue for the year-to-date reaching ¥1,492,181,302.32, compared to ¥939,948,819.04 in the previous year, representing a growth of approximately 59%[63] Cash Flow - Cash flow from operating activities decreased by 77.01% to CNY 50,194,470.86[9] - Cash flow from operating activities decreased by 77.01% to RMB 50 million, mainly due to increased cash payments for procurement[25] - Operating cash inflow increased to ¥1,419,722,389.69 from ¥1,042,361,741.06, representing a growth of about 36.2%[76] - Net cash flow from operating activities decreased to ¥50,194,470.86 from ¥218,363,054.24, a decline of approximately 77%[78] - Cash received from investment activities rose to ¥2,636,718,346.56 from ¥1,914,773,328.76, an increase of about 37.7%[82] Shareholder Information - The top ten shareholders hold a combined 78.77% of the company's shares, with the largest shareholder owning 25.41%[13] - The company plans to repurchase shares with a total amount not less than RMB 150 million and not exceeding RMB 200 million, with a repurchase price cap of RMB 45.04 per share[26] Research and Development - Research and development expenses increased by 62.15% to RMB 142 million, attributed to higher R&D investments and consolidation of subsidiary results[22] - Research and development expenses for Q3 2019 were CNY 55.71 million, up 68.1% from CNY 33.19 million in Q3 2018[49] - Research and development expenses increased to ¥47,676,633.19 from ¥30,589,231.59, reflecting a rise of approximately 56%[59] Other Income and Expenses - The company reported a government subsidy income of CNY 8,660,558.55 during the period[9] - The company reported a significant increase in other income by 131.20% to RMB 8.66 million, mainly from government subsidies[22] - The company reported a tax expense of ¥7,032,813.31 for the current period, compared to ¥1,339,901.07 in the previous period, reflecting a significant increase[60] - The company incurred a tax expense of CNY 24,623,349.03 in Q3 2019, compared to CNY 19,163,123.85 in Q3 2018, an increase of about 28.4%[68] Inventory and Receivables - Accounts receivable increased by 102.93% to RMB 516 million, reflecting higher sales[20] - Inventory rose by 133.78% to RMB 361 million, driven by increased raw materials and finished goods[20] - Accounts receivable rose to CNY 516,199,521.85, up from CNY 308,509,238.15, marking an increase of around 67.3%[35] - Inventory levels increased significantly to CNY 360,840,456.21 from CNY 204,971,770.36, representing a growth of approximately 76.0%[35]

Financial Performance - Revenue for the reporting period was RMB 899.38 million, a 49.38% increase year-over-year[25] - Net profit attributable to shareholders was RMB 98.45 million, a decrease of 19.65% compared to the same period last year[25] - Operating cash flow decreased by 54.34% to RMB 65.40 million[25] - Basic earnings per share (EPS) were RMB 0.46, down 19.30% year-over-year[25] - Total assets increased by 6.37% to RMB 4.06 billion compared to the end of the previous year[25] - Revenue for the first half of 2019 reached RMB 899,379,316.69, a year-on-year increase of 49.38%[56] - Net profit attributable to shareholders decreased by 19.65% year-on-year to RMB 98,449,950.54[56] - Revenue increased by 49.38% to RMB 899.38 million, driven by new projects, increased sales from major clients, and the consolidation of Henghe Dingfu's revenue[62] - Operating costs rose by 76.08% to RMB 634.58 million, primarily due to higher product costs from Henghe Dingfu and increased labor and rental expenses[62] - R&D investment grew by 58.69% to RMB 85.85 million, reflecting increased R&D efforts and the inclusion of Henghe Dingfu's R&D expenses[62] - Net cash flow from operating activities decreased by 54.34% to RMB 65.40 million, mainly due to increased payments for goods and rising employee salaries[62] - Net cash flow from investing activities improved significantly to RMB 65.60 million, driven by the redemption of matured financial products[62] - Revenue from RF connectors and cable connector components increased by 52.50% to RMB 440.96 million, with a gross margin of 40.81%[65] - Revenue from electromagnetic compatibility components grew by 9.87% to RMB 279.42 million, but the gross margin decreased by 13.83% to 23.53%[65] - The company invested RMB 23.09 million in equity investments during the reporting period, a 100% increase compared to the same period last year[70] - The company acquired Nanjing Ruima Millimeter Wave Terahertz Technology Research Institute Co., Ltd. for RMB 7.00 million, holding a 7.00% stake[72] - The total amount of funds raised is 1,859.6681 million yuan, with 73.4238 million yuan invested during the reporting period and a cumulative investment of 327.4049 million yuan[75] - The balance of the raised funds in the special account as of June 30, 2019, is 1,607.1531 million yuan, including 748.899 million yuan from bank deposit interest and 1,000 million yuan used for purchasing financial products[77] - The "Hefei Connector Industry Base Construction Project" has a committed investment of 961.8743 million yuan, with 195.03 million yuan invested in the reporting period and a cumulative investment of 1,395.229 million yuan, achieving 14.51% of the planned investment[79] - The "Shenzhen Headquarters Production Base Technical Renovation and Expansion Project" has a committed investment of 768.9699 million yuan, with 454.881 million yuan invested in the reporting period and a cumulative investment of 935.209 million yuan, achieving 12.16% of the planned investment[79] - The "R&D Center Upgrade and Production Line Automation Renovation Project" has a committed investment of 128.8239 million yuan, with 84.327 million yuan invested in the reporting period and a cumulative investment of 943.611 million yuan, achieving 73.25% of the planned investment[79] - The "Hefei Connector Industry Base Construction Project" has been extended from the original completion date of December 31, 2019, to December 31, 2020, due to uncertainties in 5G standards and market conditions[83] - The "Shenzhen Headquarters Production Base Technical Renovation and Expansion Project" has been extended from the original completion date of August 1, 2019, to December 31, 2020, due to uncertainties in 5G technology standards and market maturity[83] - The "R&D Center Upgrade and Production Line Automation Renovation Project" has been extended from the original completion date of August 1, 2019, to July 31, 2020, due to increased complexity in automation and uncertainties in 5G technology standards[83] - The company has pre-invested 135.4391 million yuan in the raised funds projects using self-raised funds, which was later replaced by the raised funds[83] - As of the end of the reporting period, the unused raised funds amount to 1,607.1531 million yuan, with 1,000 million yuan used for purchasing financial products and 607.1531 million yuan remaining in the special account[83] - The company invested a total of 1.3 billion yuan in entrusted wealth management, including 1 billion yuan from idle raised funds and 300 million yuan from idle own funds[85] - A bank wealth management product with a principal of 20 million yuan yielded an actual return of 124,270 yuan, with an annualized return rate of 3.60%[85] - The company's subsidiary, Nanjing Dianlian Electronics Technology Co., Ltd., achieved a net profit of 3.84 million yuan[93] - The subsidiary Henghedingfu (Suzhou) Electronics Co., Ltd. reported a net loss of 14.87 million yuan[97] - The subsidiary Shenzhen Dianlian Xitian Technology Co., Ltd. recorded a net loss of 6,681 yuan[97] - The subsidiary Shenzhen Dianlian Xufa Technology Co., Ltd. incurred a net loss of 59,196 yuan[97] - The company established a new wholly-owned subsidiary, Dedong (Dongguan) Equity Investment Co., Ltd., to enhance investment management and integrate resources[97] - The company's associate, Shenzhen Daoerfa Technology Co., Ltd., achieved revenue of 5.82 million yuan but reported a net loss of 35,600 yuan[97] - The company's total share capital increased from 216,000,000 shares to 280,800,000 shares after a capital reserve transfer of 3 shares for every 10 shares in 2019[175] - The basic earnings per share (EPS) at the end of the reporting period was RMB 0.46, a decrease of 19.30% year-on-year[180] R&D and Technological Advancements - The company's R&D and market expansion strategies are aligned with the growth of 5G and 3C industries[14] - The company specializes in the research, design, manufacturing, and sales of micro electrical connectors and interconnect systems, with products widely used in smartphones, IoT terminals, and smart home appliances[32] - The company's core product, micro RF connectors and cable connector assemblies, have achieved technological breakthroughs, breaking the monopoly of international manufacturers and becoming a major domestic supplier[33] - The company significantly increased investment in automation equipment R&D and assembly in 2019 H1, achieving some success in replacing manual labor[37] - The company has increased R&D investment in 5G-related RF connector products, with multiple samples developed and delivered to key clients[59] - Automation investment has increased, leading to improved production efficiency and reduced labor costs[57] - The company is expanding into non-mobile industries such as IoT, smart meters, drones, and smart security, with a focus on 5G applications[60] - Revenue growth was driven by increased demand for RF connector products due to 5G commercialization and the consolidation of subsidiary Henghe Dingfu[57] - The company has developed a professional automation equipment development team, enabling full automation in the production of most major products[46] - The company holds 88 patents, including 12 invention patents, 55 utility model patents, and 15 design patents, with 6 overseas patents[47] Market and Industry Position - In 2019 H1, the company's overall shipment volume increased significantly compared to 2018, driven by stable growth in orders from major clients in the domestic smartphone industry[37] - The automotive connector market experienced a slowdown in 2018 H2, leading to a slight delay in product certification and procurement processes[37] - The company's products are primarily sold in the Yangtze River Delta and Pearl River Delta regions, which are major hubs for 3C manufacturing[41] - The company has entered the supply chains of global mainstream smartphone brands, including Huawei, Oppo, Vivo, Samsung, and Xiaomi[43] - The company ranked 27th in the 2018 China Electronic Components Top 100 Enterprises list and 5th in the connector industry[43] - Over 80% of revenue comes from top-tier mobile phone industry clients[58] - The company has established a strong brand presence with the "ECTCONN®" trademark and has been recognized as a top 100 electronic component enterprise in China for four consecutive years[53] Operational Risks and Mitigation - The company emphasized risks and mitigation strategies in its operations, urging investors to remain cautious[8] - The company faces risks from downstream industry demand upgrades, requiring continuous high-level R&D investment to maintain market position and competitiveness[100] - Over 50% of production costs are attributed to key raw materials (metal materials, coaxial cables, plastic materials) and electroplating services, posing a risk to profitability if prices rise[102] - Increased industry competition and faster price declines for metal components could lead to reduced profit margins[105] - Rising labor costs, which account for a significant portion of expenses, may impact future profitability despite efforts to improve automation[106] Shareholder and Corporate Governance - The company did not distribute cash dividends, stock dividends, or capital reserve transfers[9] - The company's weighted average return on equity (ROE) decreased by 0.97 percentage points to 2.90%[25] - The company held a temporary shareholders' meeting on April 24, 2019, with 50.03% investor participation[109] - The 2018 annual shareholders' meeting took place on May 21, 2019, with 57.34% investor participation[109] - No cash dividends, stock dividends, or capital reserve to share capital conversions are planned for the first half of the year[110] - Key shareholders have committed to not transferring or entrusting management of their shares for 36 months following the company's IPO[110] - The company's stock lock-up period for major shareholders is 36 months from the date of listing, with a maximum reduction of 20% of their holdings within 24 months after the lock-up period expires[114] - The company's stock lock-up period for certain shareholders is 12 months from the date of listing, with a maximum reduction of 40% of their holdings within 24 months after the lock-up period expires[116] - The company has a share price stabilization mechanism, which allows for share repurchases of up to 10% of the previous year's net profit attributable to the parent company's shareholders[116] - The company's share repurchase plan limits the total amount of funds used for repurchasing shares to no more than 10% of the net profit attributable to the parent company's shareholders in the previous fiscal year[118] - The company's share price stabilization measures include a commitment to increase shareholding by no more than 10% of the after-tax cash dividend amount received from the company in the previous fiscal year[118] - The company has committed to repurchasing all newly issued shares if the IPO prospectus contains false records, misleading statements, or major omissions that significantly affect the company's compliance with legal issuance conditions[120] - The company has pledged to compensate investors for losses incurred due to false records, misleading statements, or major omissions in the IPO prospectus[120] - The company's directors and senior management have committed to not using company assets for investments or consumption activities unrelated to their duties[122] - The company has committed to avoiding related-party transactions with entities controlled by its major shareholders, ensuring fair commercial terms and compliance with regulations[124][126] - Major shareholders have pledged to compensate the company for any losses incurred due to legal issues with leased properties, including potential demolition or disputes[126] - The company's major shareholders have committed to covering any liabilities related to social insurance or housing provident fund payments if required by authorities[126] - The controlling shareholders have promised to avoid any business activities that compete with the company and to transfer any competing business opportunities to the company[130] - The controlling shareholder has committed not to facilitate the acquisition of certain specified companies by the company or its subsidiaries[131] - The company's semi-annual financial report for 2019 was not audited[131] - The company's controlling shareholder did not change during the reporting period[193] - The company's actual controller did not change during the reporting period[194] - The company did not have any preferred shares during the reporting period[197] - The company's directors, supervisors, and senior management did not experience any changes in their shareholdings during the reporting period[200] Legal and Environmental Compliance - The company filed a lawsuit against LeTV Mobile Intelligent Information Technology (Beijing) Co., Ltd. for a payment of 2,137,103 USD and overdue interest, with a favorable court ruling expected to increase profits[135] - A separate lawsuit against LeTV Mobile Intelligent Information Technology (Beijing) Co., Ltd. resulted in a court ruling for payment of 7,432,166.1 RMB and interest, which would positively impact the company's profits if executed[135] - The company initiated a lawsuit against LeTV Mobile Hong Kong Co., Ltd. for a payment of 39,600 USD and interest, with the case transferred to Shenzhen Qianhai People's Court due to jurisdictional issues[137] - The company has no significant media质疑, penalties, or整改情况 during the reporting period[138][139] - No significant关联交易, including日常经营, asset or equity acquisitions, or joint investments, occurred during the reporting period[140][142][143] - The company reported no托管,承包, or租赁情况 during the reporting period, except for租赁事项 which are applicable[146] - The company and its subsidiaries have leased a total of 27,861.64㎡ of factory and dormitory space in Shenzhen, with a monthly rent of 800,600 RMB[148] - A subsidiary leased 29,665.20㎡ of factory and dormitory space in Shenzhen, with a monthly rent of 830,600 RMB[148] - The company leased 10,000㎡ of factory space in Dongguan, with a monthly rent of 183,000 RMB[149] - A subsidiary leased 38,875.02㎡ of factory space in Suzhou, with a monthly rent of 1,224,600 RMB[149] - The company's Shanghai branch leased 406.45㎡ of office space, with an annual rent of 756,600 RMB[149] - The company's subsidiary in Suzhou reported COD emissions of 1.43 t/a, with a concentration of 17 mg/L, meeting the national standard[153] - The subsidiary in Suzhou reported ammonia nitrogen emissions of 0.199 t/a, with a concentration of 2.5 mg/L, meeting the national standard[153] - The subsidiary in Suzhou reported total phosphorus emissions of 0.07 t/a, with a concentration of 0.16 mg/L, meeting the national standard[153] - The company has established a 1,600m³ emergency discharge pool and a 600m³ firewater collection pool to manage environmental risks[155] - The company has implemented a rainwater and sewage diversion system, with independent discharge outlets and shut-off devices to prevent environmental contamination[154] - Total wastewater discharge in 2018 was 194,457 tons, meeting the approved discharge limit of 1,039,750 tons, with all indicators complying with the "Integrated Wastewater Discharge Standard" (GB8978-1996)[156] Corporate Social Responsibility - The company donated RMB 200,000 to the poverty alleviation project in Tibet's Chayu County in March 2019[164] - In May 2019, the company donated RMB 20,000 to the Guangming District Charity Association[166] - The total amount of poverty alleviation funds invested in the first half of 2019 was RMB 220,000, including RMB 200,000 for East-West poverty collaboration and RMB 20,000 for other projects[167] Subsidiaries and Investments - The company established a wholly-owned subsidiary, Dedong (Dongguan) Equity Investment Co., Ltd., with a registered capital of RMB 10 million in December 2018[169] - The wholly-owned subsidiary, Dedong (Dongguan) Equity Investment Co., Ltd., acquired a 7% equity stake in Nanjing Ruimai Millimeter Wave Terahertz Technology Research Institute Co., Ltd. for RMB 7 million in April 2019[170] Shareholder Structure - The total number of restricted shares at the end of the period is 147,409,062, with 34,017,476 shares added during the period and 2,754,900 shares released[185] - Chen Yuxuan holds 71,346,974 restricted shares, accounting for 25.41% of the total shares, with an increase of 16,464,686 shares during the period[186] - Lin Deying holds 34,279,643 restricted shares, accounting for 12.21% of the total shares, with an increase of 7,910,687 shares during the period[186] - Ren Junjiang holds 25,492,340 restricted shares, accounting for 12.10% of the total shares, with an increase of 7,843,797 shares during the period[186] - Ningbo Congbi Ruixin Investment Management Partnership holds 20,628,683 unrestricted shares, accounting for 7.35% of the total shares[186] - Huang Jinliang holds 8,673,584 unrestricted shares, accounting for 3.09% of the total shares, with an increase of 2,001,596 shares during the period[188] - Chen Weiwei holds 8,393,791 restricted shares, accounting for 2.99% of the total shares, with an increase of 1,938,979 shares during the period[188] - Lin Aiying holds 7,274,615 restricted shares, accounting for 2.59% of the total shares, with an increase of 1,678,757 shares during the period[188] - Yang Shuzhi holds 2,238,350 unrestricted shares, accounting for 0.80% of the total shares, with an increase of 516,542 shares during the period[188] - Wang Keming holds 2,190,570 unrestricted shares, accounting for 0.78% of the total shares, with an increase of 535,496 shares