Group 1: Investment and Financial Overview - The company plans to issue up to 38,902,538 shares at a price of 12.21 CNY per share, raising a total of no more than 475 million CNY [1] - The funds raised will primarily be used for the "New Display and Smart Wearable Products Manufacturing Project" [1] - The project is expected to commence construction by the end of 2021 and be completed by the end of 2021 [1] Group 2: Product Development and Market Performance - The company aims to achieve an annual production capacity of 18 million sets of vehicle-mounted lenses, 2 million sets of new projection lenses, and 580,000 sets of VR/AR all-in-one machines [2] - Revenue from the automotive electronics sector grew by 230.87% compared to 2019, while the consumer electronics sector saw a growth of 189.11%, and the smart display sector increased by 91.38% [2] - The company has established itself as a secondary supplier for market terminal customers in the consumer electronics field, producing high-resolution mobile lenses and various optical products [2] Group 3: Strategic Goals and Future Plans - The company is committed to maintaining its leading position in high-end security lenses and expanding its market share in vehicle-mounted lenses [3] - Plans include enhancing competitiveness in vehicle-mounted lenses and new projection lenses through the introduction of new equipment, processes, and technologies [3] - The company aims to leverage technological innovation to strengthen its optical product offerings and expand into new markets such as smart projection and virtual reality [3]

Company Overview - The company specializes in optical imaging, display, and sensing technologies, providing optical products and system solutions [1] - It has developed a complete industrial chain in optical products, including aspheric lenses, Fresnel lenses, and freeform lenses [1][2] Market Performance - In 2020, the company achieved significant revenue growth in various sectors compared to 2019: - Automotive electronics revenue increased by 230.87% - Consumer electronics revenue increased by 189.11% - Smart display revenue increased by 91.38% [2] - The global VR/AR market was approximately ¥90 billion in 2020, expected to reach over ¥480 billion by 2024, with an annual growth rate exceeding 54% [3] Product Development and Future Plans - The company is focusing on expanding its product lines in automotive electronics, smart projection, and VR/AR technologies [4] - A private placement project aims to raise up to ¥475 million for new display and smart wearable product manufacturing [2] - The company plans to achieve an annual production capacity of 18 million vehicle-mounted lenses, 2 million new projection lenses, and 580,000 VR/AR all-in-one devices post-project completion [2] Strategic Goals - The company aims to solidify its leading position in high-end security lenses while expanding its market share in automotive lenses and other non-security sectors [4] - It intends to enhance its technological capabilities and product development in optical systems, focusing on innovation and market expansion [4] Investor Relations - The company maintains transparent communication with investors, adhering to regulations to prevent the disclosure of undisclosed significant information [4]

证券代码：300691 证券简称：联合光电 编号：2021-05-006 中山联合光电科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |---------------------|-----------------------------------------------------------------|-----------------------------------------------------------------------------------------| | 投资者关系 活动类别 | □特定对象调研 □新闻发布会 □路演活动 | □分析师会议 □媒体采访 □业绩说明会 ■现场参观 □其他（电话交流会） | | | | 广东省上市公司协会：封志敏、赵思皓、江河 | | | 广发基金管理有限公司：李治呈 广州金控资产管理有限公司：黄健 | 深圳市全景网络有限公司：漆思瑶、林一、聂仕昌 | | | | 中国国际金融股份有限公司：杨秋硕、徐奕晨、林少铭 | | | 国泰君安证券股份有限公司：刘韵甜 | | | | 粤开证券股份有限公司：冯伟 | | | ...

证券代码：300691 证券简称：联合光电 编号：2021-05-007 中山联合光电科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------------|-----------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系 活动类别 | ■特定对象调研 □新闻发布 ...

证券代码：300691 证券简称：联合光电 编号：2021-08-012 中山联合光电科技股份有限公司 投资者关系活动记录表 | --- | --- | |------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系 活动类别 | □特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 ■其他（电话交流会） | | | 华创证券 孟灿、岳阳、郭一江 | | 参与单位名称 | 善渊资产 唐聪、刘明霞 中银基金 王嘉琦 兴证资管 王正 聚鸣 蔡成吉 泰达宏利 孟杰 | | 及人员姓名 | 光证资管 李行杰 长城基金 余欢 彤源资产 张乐 国金证券 刘妍雪 中科沃土基金 李晓宇 | | 时间 | 202 ...

Group 1: Company Overview and Strategy - The company specializes in optical imaging, display, and sensing technologies, providing optical products and system solutions [1] - It aims to strengthen its technological foundation in the optical field and enhance high-end manufacturing capabilities [1] - The company plans to increase market R&D investment and product development to expand the application areas of optical products [1] Group 2: Non-Security Product Development - The company focuses on developing non-security optical products, particularly in new display and intelligent driving sectors [2] - It aims to enhance its one-stop manufacturing capabilities from optical design to intelligent assembly [2] - The company has established a strategic partnership with major automotive manufacturers for its vehicle-mounted lens products [2] Group 3: Market Growth and Projections - The global vehicle-mounted lens market is projected to grow from 81.77 million units in 2016 to 204.5 million units by 2023, with a CAGR of 29.09% [3] - The market value is expected to reach $1.353 billion by 2023, driven by advancements in 5G technology [3] - The company plans to increase R&D investment in vehicle-mounted lenses to enhance product competitiveness [3] Group 4: Product Innovations and Technical Barriers - The company has developed laser projection and AR/VR products, with stable customer orders [3] - It has achieved breakthroughs in mirror technology, mastering ultra-short focus lens technology [3] - The company produces medical micro-lenses for endoscopes, which are now in mass production [3] Group 5: Management and R&D Team - The company has over 500 R&D personnel across five bases, maintaining a leading position in domestic optical technology [4] - The management team includes experienced professionals from major companies, enhancing operational efficiency [4] - The company has established a joint training base with Changchun University to foster high-quality talent [4] Group 6: Fund Investment Strategy - The company has established four investment funds to optimize its upstream and downstream industry layout in the optical sector [5] - Future plans include leveraging these funds to invest in optical-related projects, creating strong synergies with its optical technology [5]

Group 1: Business Performance - The company's non-security business revenue decreased by 11.58% year-on-year in the first half of 2022, primarily due to a decline in consumer electronics revenue [1] - Revenue from new display and smart driving sectors saw significant growth, with laser projection products increasing by 289.68% and AR/VR products growing by 93.38% [1] - Smart driving products revenue increased by 79.05%, with major breakthroughs in business expansion [2] Group 2: Product Development and Market Position - The company has established a leading technology route for AR-HUD products, offering advantages such as high resolution and low energy consumption [2] - The company’s millimeter-wave radar products are competitive due to a strong R&D team and cost-effectiveness compared to similar products [2] - The company has achieved coverage with major domestic automotive manufacturers for its vehicle-mounted lens products [2] Group 3: Future Outlook and Strategy - The company plans to expand its market presence and strengthen cooperation with high-quality clients in the automotive sector [3] - The company is optimistic about the future of its security business, despite a 13.19% year-on-year revenue decline in the first half of 2022 due to macroeconomic uncertainties [3] - The company is committed to continuous R&D investment in the AR/VR field to enhance market share [3]

Financial Performance - The company's revenue for Q3 2022 was ¥381,017,192.09, a decrease of 8.61% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2022 was ¥12,949,357.12, down 34.45% year-on-year[3]. - The basic earnings per share for Q3 2022 was ¥0.05, a decline of 44.44% compared to the previous year[3]. - Total operating revenue for the current period is ¥1,097,156,796.82, a decrease of 10.6% compared to ¥1,227,039,651.69 in the previous period[30]. - Net profit for the current period is ¥43,490,127.13, a decline of 32.3% from ¥64,110,178.48 in the previous period[31]. - Basic and diluted earnings per share for the current period are both ¥0.16, down from ¥0.29 in the previous period[33]. - The company reported a total comprehensive income of ¥42,599,002.62 for the current period, down from ¥64,146,761.62 in the previous period[31]. Assets and Liabilities - The total assets as of September 30, 2022, were ¥2,511,118,962.21, representing a decrease of 2.44% from the end of the previous year[5]. - The company's total liabilities increased by 267.15% for long-term borrowings, amounting to ¥181,702,041.07[7]. - Total liabilities amount to ¥928,382,782.37, compared to ¥1,043,077,159.27 in the previous period[28]. - The total assets amount to ¥2,511,118,962.21, a decrease from ¥2,573,800,715.80 in the previous period[28]. - The company's short-term borrowings decreased to approximately 324.99 million CNY from 421.68 million CNY, a reduction of about 22.9%[26]. - The company reported a total current liabilities of approximately 699.21 million CNY, down from 948.88 million CNY, reflecting a decrease of about 26.3%[26]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥5,600,553.40, an increase of 117.94% compared to the same period last year[10]. - Cash flow from operating activities shows a net inflow of ¥5,600,553.40, recovering from a net outflow of ¥31,212,408.03 in the previous period[34]. - The net increase in cash and cash equivalents was -¥104,348,628.15, a decrease of 22.80% year-on-year[10]. - Cash and cash equivalents at the end of Q3 2022 totaled ¥401,235,111.01, down from ¥505,583,739.16 at the beginning of the quarter[36]. - The company repaid debts amounting to ¥570,021,219.45 in Q3 2022, significantly higher than ¥286,488,327.83 in Q3 2021[36]. - The company distributed dividends and paid interest totaling ¥44,326,562.59, an increase from ¥28,880,523.97 in the previous year[36]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,310[12]. - The largest shareholder, Gong Junqiang, holds 23.67% of shares, totaling 63,397,349 shares, with 6,700,000 shares pledged[12]. - The second-largest shareholder, Guangbo Investment Co., Ltd., holds 7.53% of shares, totaling 20,158,592 shares[12]. - The top ten shareholders hold a significant portion of shares, with the largest three shareholders controlling over 36% of the total shares[12]. - The total number of shares held by the top ten unrestricted shareholders is not specified, indicating a focus on restricted shares[12]. Investment and Partnerships - The company established a partnership with professional investment institutions to set up "Shenzhen Huashan Kechuang Angel Investment Partnership (Limited Partnership)"[17]. - The company plans to invest up to 600 million CNY in a partnership with several investment institutions, with an initial contribution of 10 million CNY from the company[18]. - The company signed a strategic cooperation framework agreement with Xincheng Technology to leverage each other's strengths in software development and scientific research[20]. Research and Development - Research and development expenses for the current period are ¥113,010,458.67, up from ¥94,959,200.61 in the previous period, indicating a focus on innovation[30]. Stock Incentive Plans - The company has implemented a stock incentive plan, with specific conditions for the granting of restricted shares to management[16]. - The company granted 940,000 first-class restricted shares at a price of 7.16 RMB per share to eligible incentive objects on July 11, 2022[16]. - The company completed the registration of 1,296,560 shares under its 2021 restricted stock incentive plan, with the shares listed for trading on September 30, 2022[22]. - The company has a total of 71,123,884 restricted shares at the end of the period, with an increase of 58,080 restricted shares during the reporting period[15]. Audit and Compliance - The company did not conduct an audit for the Q3 2022 report[37].

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 15%[12]. - The net profit attributable to shareholders was RMB 80 million, up 20% compared to the same period last year[12]. - The company's revenue for the reporting period was CNY 716,139,604.73, a decrease of 11.60% compared to the same period last year[27]. - The net profit attributable to shareholders was CNY 30,480,858.72, down 31.26% year-on-year[27]. - The company reported a basic earnings per share of CNY 0.12, a decrease of 40.00% year-on-year[27]. - The company reported a total revenue of 309 million yuan for the first half of 2022, showing a significant increase compared to the previous year[186]. - The net profit attributable to shareholders reached 44 million yuan, representing a growth of 6.9% year-on-year[186]. - The total revenue for the first half of 2022 was 12,089 million, representing a 2.8% increase compared to the previous period[188]. - The net profit attributable to shareholders was 9,700 million, showing a 36% increase year-over-year[188]. - The company reported a net loss attributable to shareholders of 31.9 million yuan, indicating a challenging financial environment[193]. User Growth and Market Expansion - User data showed an increase in active users by 25%, reaching a total of 1.5 million users[12]. - The company plans to launch two new products in Q4 2022, aiming to capture a larger market share in the optical technology sector[12]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in sales in that region[12]. - User data indicates an increase in active users by 15% compared to the same period last year, reaching a total of 1.5 million active users[186]. - The company plans to expand its market presence by launching new products in the second half of 2022, targeting a 15% increase in market share[191]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[186]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[188]. Research and Development - Research and development expenses increased by 18%, reflecting the company's commitment to innovation and new technology[12]. - The company invested CNY 73,789,070.76 in R&D, representing a 28.01% increase compared to the previous year[30]. - Research and development expenses accounted for 10% of total revenue, highlighting the company's commitment to innovation[186]. - Research and development expenses increased to approximately ¥55.75 million in the first half of 2022, up 31.4% from ¥42.45 million in the first half of 2021[175]. - Research and development expenses increased by 5.6%, reflecting the company's commitment to innovation[188]. Financial Guidance and Future Outlook - Future guidance indicates an expected revenue growth of 10-15% for the second half of 2022[12]. - The company provided performance guidance, projecting revenue growth of approximately 15% year-over-year for the upcoming fiscal period[71]. - Future guidance suggests a continued focus on technological innovation and market expansion strategies to drive revenue growth in the upcoming quarters[200]. - The company has set a performance guidance of 10% revenue growth for the full year 2022[191]. Risks and Challenges - The management highlighted potential risks including supply chain disruptions and increased competition in the optical technology market[2]. - The company faces risks from fluctuating international economic conditions and inflation, impacting consumer spending and market uncertainty[63]. - The company is addressing foreign exchange risks by researching currency fluctuations and implementing hedging strategies[65]. - The company is managing raw material price volatility by strengthening supplier relationships and optimizing product structures[66]. Corporate Governance and Shareholder Engagement - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[2]. - The company conducted multiple investor communication activities, including on-site visits and phone calls, to discuss operational performance and strategies[68]. - The annual shareholders meeting had a participation rate of 56.93% on May 17, 2022[74]. - The company’s management personnel changes included the resignation of a senior manager due to personal reasons[74]. - The company has not proposed any new share repurchase plans during the reporting period[75]. Asset Management and Financial Position - Total assets at the end of the reporting period were CNY 2,510,402,251.21, a decrease of 2.46% from the end of the previous year[27]. - Cash and cash equivalents decreased to CNY 574,698,999.57, which is 22.89% of total assets, down from 24.40% at the end of the previous year, mainly due to increased project expenditures[35]. - The company has a remaining balance of RMB 132.06 million in the raised funds account[49]. - The total assets of the company reached 2.2 billion yuan, with a year-on-year increase of 8%[191]. - The total cash and cash equivalents at the end of the first half of 2022 were approximately ¥421.41 million, a decrease from ¥69.36 million at the end of the first half of 2021[180]. Social Responsibility and Compliance - The company actively engages in social responsibility, donating 50,000 yuan to support infrastructure in Yangxi County, Guangdong Province[94]. - The company donated 1.05 million yuan to Changchun University of Technology for talent cultivation and assistance[94]. - The company has implemented measures to comply with environmental regulations and reduce carbon emissions, including participation in the Guangdong electricity market[90]. - The company has established a robust employee incentive mechanism to foster a sense of belonging and growth among employees[93].

Financial Performance - The company reported a revenue increase of 20% year-over-year, reaching 500 million RMB for the fiscal year[12]. - The company's operating revenue for 2021 was CNY 1,635,162,213.20, representing a 26.93% increase compared to CNY 1,288,261,602.50 in 2020[16]. - Net profit attributable to shareholders increased by 48.93% to CNY 74,264,696.71 in 2021 from CNY 49,866,278.46 in 2020[16]. - The net profit after deducting non-recurring gains and losses surged by 101.43% to CNY 65,934,432.90 in 2021 compared to CNY 32,732,940.00 in 2020[16]. - The total revenue for 2021 reached ¥1,635,162,213.20, representing a year-on-year increase of 26.93% compared to ¥1,288,261,602.50 in 2020[54]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB in 2021, representing a year-over-year growth of 25%[103]. - The company provided a positive outlook for 2022, projecting a revenue growth of 20% to 1.44 billion RMB[105]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan, representing a year-over-year growth of 20%[134]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 1.20 RMB per 10 shares, totaling 31,927,649.40 RMB (including tax) based on a total of 266,063,745 shares[4]. - The proposed cash dividend is CNY 1.20 per 10 shares, totaling CNY 31,927,649.40 (including tax)[162]. - The cash dividend represents 100% of the total profit distribution amount[162]. - The company has a cash dividend policy that aims to balance immediate and long-term shareholder interests[163]. Market Expansion and Strategy - The company is focusing on market expansion, targeting a 15% increase in market share in the next fiscal year[12]. - The company is expanding its market presence, targeting a 15% increase in market share in the Asia-Pacific region by the end of 2022[107]. - The company is actively pursuing strategic acquisitions, with plans to invest 300 million RMB in potential targets to enhance its product portfolio[103]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market presence[12]. - The company plans to enhance its market share in the AR/VR sector by continuing to invest in R&D and optimizing production capabilities[31]. Research and Development - The company is investing in new product development, allocating 10 million RMB for R&D in advanced optical technologies[12]. - R&D investment has consistently accounted for nearly 10% of the company's revenue over the years, significantly accelerating the productization of new technologies[39]. - Research and development expenditures increased by 10% in 2021, totaling 120 million RMB, to support innovation and new technology[104]. - The company aims to enhance operational efficiency, targeting a reduction in production costs by 5% in 2022[105]. - The company is committed to increasing R&D investment to achieve breakthroughs in key technologies and improve product performance across various dimensions[96]. Operational Efficiency and Technology - The company is implementing a new technology initiative aimed at improving production efficiency by 30% over the next two years[12]. - The company has developed intelligent manufacturing production lines to ensure product quality and production efficiency amid rising labor costs[50]. - Automation coverage in production processes has significantly increased, with full automation achieved in various lens types, reducing labor costs[43]. - The company is focusing on controlling costs and improving efficiency through refined management practices and automation[98]. Risk Management - The company has identified key risks for future development, including market competition and supply chain disruptions, and has outlined corresponding mitigation strategies[3]. - The company faces risks from macroeconomic downturns and plans to accelerate penetration into non-security fields to mitigate impacts[99]. Corporate Governance and Compliance - The company held 5 shareholder meetings during the reporting period, ensuring compliance with legal and regulatory requirements[108]. - The company’s board of directors held 9 meetings, providing professional opinions and references for decision-making[110]. - The company has implemented a restricted stock incentive plan for 2021, with a draft and management measures approved[118]. - The company has a governance structure in place for red-chip companies, which is not applicable for the current report[120]. Employee and Talent Management - The total number of employees at the end of the reporting period was 1,770, with 561 in the parent company and 1,209 in major subsidiaries[154]. - The company has a diverse employee composition, with 1,013 production staff, 538 technical personnel, and 37 sales staff[154]. - The employee training program emphasizes skill development and management training to enhance productivity and support sustainable growth[157]. - The company has strengthened its commitment to environmental sustainability through energy optimization and recycling initiatives[189]. Environmental and Social Responsibility - The company achieved ISO14001 certification for its environmental management system[186]. - The company actively engaged in social responsibility initiatives, supporting public welfare and promoting low-carbon operations[187]. - The company reported no major environmental issues and is not classified as a key pollutant discharge unit[186]. - The company has actively participated in charitable activities, collaborating with various educational institutions to provide internship opportunities for students[190].