Financial Performance - The company reported a significant increase in revenue, with total sales reaching 4,118,398,450 CNY, marking a growth of approximately 15% compared to the previous year[8]. - The company's operating revenue for 2022 was ¥2,158,180,318.78, representing a 7.89% increase from ¥2,000,350,142.77 in 2021[30]. - The net profit attributable to shareholders for 2022 was ¥851,710,162.88, a 4.37% increase compared to ¥816,067,640.88 in 2021[30]. - The total profit for the year was 1,094.88 million yuan, which is a 4.28% increase compared to the previous year[52]. - The total operating cost for 2022 was CNY 720,882,362.38, an increase of 15.24% compared to CNY 625,553,567.21 in 2021[67]. - The gross profit margin for electronic components was 66.60%, a decrease of 2.13% from the previous year[63]. - The total revenue for the company in 2022 was approximately 264.76 million, showing a significant performance in the market[137]. Cash Flow and Investments - The cash flow from operating activities for 2022 was ¥510,131,266.80, a decrease of 2.93% from ¥525,502,277.09 in 2021[30]. - Operating cash inflow for 2022 was CNY 1,948,356,162.36, an increase of 7.76% compared to CNY 1,808,097,906.26 in 2021[78]. - Net cash flow from investment activities was negative at CNY -972,073,667.78, a decrease of 139.15% year-over-year[81]. - Total investment for the reporting period was CNY 3,713,493,463.12, a 190.11% increase from CNY 1,280,027,259.86 in the previous year[93]. Research and Development - The company is actively investing in research and development to enhance its technological capabilities and product offerings[5]. - The company has developed 36 research projects in 2022, with 31 being government and cooperative projects, and 5 self-funded projects[52]. - The company holds a total of 322 patents as of December 2022, including 45 invention patents and 265 utility model patents[52]. - The company’s R&D expenses increased by 45.81% to CNY 181,746,752.97 in 2022, up from CNY 124,647,420.87 in 2021[73]. Inventory and Receivables - Accounts receivable and notes receivable increased due to longer payment cycles from major clients, which could impact cash flow and liquidity[8]. - Inventory levels have risen sharply, which may lead to potential write-downs and affect profit margins if not managed properly[8]. - The company's inventory increased by 73.79% year-on-year, primarily due to expanded product input and increased stock preparation[64]. Governance and Management - The company has established a robust governance structure to support its growth and mitigate management risks associated with rapid expansion[5]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations, ensuring complete operational autonomy[128]. - The company has established independent internal management structures that do not overlap with those of its controlling shareholders[129]. - The company has a clear and complete asset ownership structure, with no reliance on controlling shareholders for resources[128]. Market and Competition - There is a risk of increased competition in the industry due to changes in market entry conditions and regulatory frameworks[5]. - The high-reliability electronic component market in China is expected to exceed 500 billion yuan by 2025 during the "14th Five-Year Plan" period[46]. - The domestic passive component industry is experiencing significant growth, driven by increasing demand for electronic components and circuit modules[47]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 5 CNY per 10 shares, based on the total share base of 411,839,845 shares[8]. - The total distributable profit available for shareholders is 2,069,906,531.52 CNY, with the net profit attributable to shareholders for 2022 being 851,710,162.88 CNY[179]. - The cash dividend distribution complies with the requirement that at least 80% of profit distribution should be in cash for mature companies without major capital expenditure plans[179]. Employee and Talent Management - The total number of employees at the end of the reporting period was 2,353, with 1,526 in production, 140 in sales, 499 in technology, 34 in finance, and 154 in administration[172]. - The company has established a talent development system and will continue to enhance its training programs to support technological innovation[118]. - The company’s training programs cover various aspects, including safety, management, and technical skills, aimed at enhancing overall employee competency[174]. Strategic Initiatives - The company is committed to building a high-reliability electronic group with core technologies and significant influence in the industry[115]. - The company aims to improve its production capacity for ceramic capacitors and related products to meet increasing demand from downstream industries[118]. - The company intends to expand its marketing network and focus on key customer sales strategies to strengthen its market position[118].

证券代码：300726 证券简称：宏达电子 公告编号：2023-016 株洲宏达电子股份有限公司 关于举行 2022 年度网上业绩说明会的通知 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。 株洲宏达电子股份有限公司（以下简称"公司"）已于 2023 年 3 月 30 日在 巨潮资讯网上披露了《2022 年度报告全文》及《2022 年度报告摘要》。为便于 广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2023 年 04 月 12 日（星期三）15:00-17:00 在"价值在线"（www.ir-online.cn）以网络 文字互动方式举办株洲宏达电子股份有限公司 2022 年度网上业绩说明会，与投 资者进行沟通和交流，广泛听取投资者的意见和建议。 出席本次年度业绩说明会的人员有：董事长钟若农女士，董事会秘书兼财务 负责人曾垒先生，独立董事杜晶女士，保荐代表人方磊先生。 为充分尊重投资者、提升交流的针对性，公司将提前向投资者征集问题，广 泛听取投资者的意见和建议。投资者可于 2023 年 04 月 12 日前访问网址 https://ese ...

Company Overview - Hongda Electronics is a high-tech enterprise specializing in the R&D, production, and sales of high-reliability electronic components and circuit modules, with over 20 years of experience in the industry [3] - The company has advanced production lines and a complete quality inspection system, holding multiple core technologies and patents, particularly in tantalum capacitors [3] Financial Performance - In the first half of 2020, the company achieved a revenue of ¥519.74 million, representing a year-on-year growth of 28.99% [4] - The net profit attributable to the parent company was ¥170.58 million, with a year-on-year increase of 24.13% [4] - Revenue from tantalum capacitor business was ¥341.17 million, growing by 12.26% year-on-year, while non-tantalum capacitor business revenue surged to ¥175.15 million, marking an 81.48% increase [4] Market Strategy - The company plans to expand its civilian product business, focusing on sectors such as communications, automotive electronics, artificial intelligence, and the Internet of Things [5] - The strategy includes enhancing production capabilities and technological development to become a diversified platform for electronic components [5] Future Planning - The company has initiated its 14th Five-Year Plan, aiming to maintain its leading position in high-reliability tantalum capacitors while investing in MLCC, SLCC, power modules, and component products [6] - Efforts are being made to increase market share by introducing products from incubated subsidiaries into the high-reliability sector [6] Product Development - The company is currently supplying small batches of chip tantalum capacitors and single-layer ceramic capacitors, while the progress of ring isolators is still in the early stages [6] - Despite the current low sales volume in the telecommunications sector, the company is optimistic about the 5G communication industry's prospects and plans to increase investments in this area [6]

Company Overview - Hongda Electronics is a high-tech enterprise specializing in the R&D, production, and sales of reliable electronic components and circuit modules, with over 20 years of experience in the industry [2][3]. - The company has advanced production lines and a comprehensive quality inspection system, holding multiple core technologies and patents in electronic components, particularly in tantalum capacitors [3]. Financial Performance - In the first half of 2020, Hongda Electronics achieved a revenue of ¥519.74 million, representing a year-on-year growth of 28.99% [4]. - The net profit attributable to the parent company, after deducting non-recurring gains and losses, was ¥170.58 million, up 24.13% year-on-year [4]. - Revenue from tantalum capacitor business reached ¥341.17 million, with a growth of 12.26%, while non-tantalum capacitor business saw a significant increase of 81.48%, generating ¥175.15 million [4]. Product Development and Market Expansion - The company is focusing on expanding its overseas market, primarily through civil tantalum capacitors, leveraging opportunities created by supply shortages due to the pandemic [5]. - The revenue from civil tantalum capacitors accounts for less than 10% of total revenue, indicating limited impact on overall gross margin and net profit from price changes in this segment [5]. - Hongda Electronics is committed to increasing investment in the 5G communication sector, enhancing product offerings, and expanding production capacity to improve market share and competitiveness [5][6]. Capacity Expansion Plans - The company is expanding its production base in Xiangxiang, focusing on civil electronic components, with plans to double production capacity upon project completion [6]. - In Zhuzhou, a new production base is being established to accommodate larger-scale production of various electronic components, including MLCC and power microcircuits [6]. Product Advantages - The polymer tantalum capacitors offer advantages over traditional manganese dioxide tantalum capacitors, including improved safety, better performance under reduced voltage, and enhanced reliability, aligning with the trends in electronic technology development [7].

编号：JL-2020-015 证券代码：300726 证券简称：宏达电子 株洲宏达电子股份有限公司 投资者关系活动记录表 | --- | --- | |----------------|-----------------------------------------------------------------| | | √ 特定对象调研 £分析师会议 | | 投资者关系活动 | £ 媒体采访 £ 业绩说明会 | | 类别 | £ 新闻发布会 £路演活动 £ 现场参观 | | | £ 其他（请文字说明） | | 参与单位名称及 | 方正证券 陈月 | | 人员姓名 | | | 时间 | 2020 年 6 月 12 日 14:30-15:30 | | 地点 | 湖南省株洲市天元区渌江路 2 号公司 6 号楼 301 会议室 | | 上市公司接待人 | 董事会秘书、财务负责人 曾垒 | | 员姓名 | 证券事务代表 郑雁翔 | | --- | --- | |----------------|----------------------------------------------------------| ...

Company Overview - Hongda Electronics is a high-tech enterprise specializing in the R&D, production, and sales of high-reliability electronic components and circuit modules, with over 20 years of experience in the industry [2][3] - The company has advanced production lines and a complete quality inspection system, holding multiple core technologies and patents, particularly in tantalum capacitors [3] Product Range - The product portfolio includes tantalum capacitors, multilayer ceramic capacitors (MLCC), film capacitors, aluminum capacitors, supercapacitors, inductors, transformers, resistors, microwave components, and power management chips [3] - The company serves high-reliability sectors such as automotive, aerospace, and communication, aiming to establish itself as a leading group in high-reliability electronic components [3] Market Share and Competition - In the capacitor industry, MLCC holds the largest market share, while tantalum capacitors, despite their higher costs, maintain a stable market presence due to their reliability and performance advantages [4] - The domestic market for MLCC has a higher localization rate compared to tantalum capacitors, especially in civilian applications [4] Development in Civilian Market - The company is increasing investments in civilian tantalum capacitors, targeting sectors like communication, automotive electronics, artificial intelligence, and the Internet of Things [5] - The production equipment is primarily domestically sourced, with some high-end equipment imported, and the automation level varies between civilian and high-reliability products [5][6] Pricing Trends - The pricing of civilian products is influenced by market supply and demand, with a noted increase in prices due to shortages in the first half of the year [6] - High-reliability tantalum capacitor prices remain stable, with no significant fluctuations expected in the near future [6] Capacity Expansion - The company is expanding its production capacity based on actual market demand, with a new production base for civilian electronic components in Xiangxiang, expected to meet large-scale production needs [7] - An investment of no less than 1.5 billion yuan is planned for expanding production capacity in Zhuzhou [7]

Group 1: Impact of COVID-19 on Orders - The domestic pandemic has delayed the resumption of work for downstream customers, but demand has not decreased due to the strong planning nature of the high-reliability industry. The first quarter orders still showed growth compared to the same period last year [3]. - Orders in March and April exhibited a compensatory growth trend, indicating that the pandemic is not expected to impact the annual performance [3]. Group 2: Production and Delivery Cycle - High-reliability electronic components are characterized by small batch and multiple batches, leading to varying production cycles based on customer demand and product complexity. Products in stock can be delivered in about three days, while others depend on inspection and acceptance processes, resulting in longer delivery cycles [4]. Group 3: Future Development Strategy - The company aims to focus on electronic components and microcircuit modules over the next three to five years, leveraging its sales and management platforms, funding resources, and product incubation capabilities to strengthen existing products and diversify its offerings [5]. - The company is also actively expanding into civilian markets, particularly in 5G communications, automotive electronics, artificial intelligence, and the Internet of Things, enhancing production capabilities for products like single-layer ceramic capacitors and tantalum capacitors [5]. Group 4: Market Expansion in Civilian Sector - In 2020, the company plans to increase investment in civilian markets, particularly in high-end customers for tantalum capacitors, by upgrading production processes and shifting to a direct sales model [5]. - A new production base for civilian tantalum capacitors is being established in Xiangxiang to expand production capacity [5]. Group 5: Subsidiary Development and Capital Operations - The company is fostering an open platform development model to support the growth of subsidiaries, allowing them to operate independently and potentially pursue capital market opportunities if they achieve rapid growth [6]. Group 6: Product Growth Trends - The company anticipates stable demand for tantalum capacitors, which will remain the main revenue source, while MLCC and power module products are expected to experience significant growth due to their market expansion phase [7]. - The company has completed the R&D of high polymer aluminum capacitors and is establishing production lines, with market promotion planned for 2020 [8].

证券代码：300726 证券简称：宏达电子 株洲宏达电子股份有限公司 投资者关系活动记录表 编号：JL-2020-009 | --- | --- | |-----------------------------|----------------------------------------------------------| | | | | | £ 特定对象调研£分析师会议 | | 投资者关系活动 | £ 媒体采访£业绩说明会 | | 类别 | £ 新闻发布会 £ 路演活动£现场参观 | | | √ 其他 华创证券 - 宏达电子 2020 年一季报业绩电话交流会 | | 参与单位名称及 | 华创证券 卫喆、王卓星 | | 人员姓名 | 泰康资产 段中喆 等投资者 | | 时间 | 2020 年 5 月 8 日 9:30-10:15 | | | | | 地点 | 电话会议 | | 上市公司接待人 员姓名 | 董事会秘书、财务负责人 曾垒 | | 投资者关系活动 主要内容介绍 | 投资者与公司就 2020 年一季报业绩进行交流。 | | 附件清单 | 会议具体内容详见附件 | （如有） 日期 2020年5月8 ...

Group 1: Company Overview and Financial Performance - The company reported a revenue of 844.04 million yuan in 2019, with nearly 90% of the revenue coming from high-reliability products [10] - The revenue from non-tantalum capacitor products exceeded 180 million yuan in 2019, showing a year-on-year growth of 76.52% [5] - The company’s operating income from tantalum capacitors grew by approximately 20% year-on-year [5] Group 2: Market Position and Product Development - The company is a leading manufacturer of high-reliability tantalum capacitors in China, with a strong competitive edge in the market [10] - The company plans to invest in expanding its production capacity for tantalum capacitors and other new products to enhance market share and competitiveness [10] - The company has completed the construction and trial production of its supercapacitor project, with plans for market promotion in 2020 [17] Group 3: Investment and Expansion Plans - The company is investing in an electronic component production base in Xiangxiang Economic Development Zone [5] - Future investments will be based on actual development needs and potential strategic resources from investors [5] - The company is considering horizontal expansion into other electronic components and circuit modules while focusing on its core tantalum capacitor business [16] Group 4: Challenges and Risk Management - The company faces challenges with long accounts receivable periods due to the complexity of the supply chain in the high-reliability product sector [7] - Despite the long collection periods, the company maintains a low debt ratio and has no interest-bearing liabilities, ensuring cash flow stability [17] - The company anticipates that the overall demand from customers will not decline, and it expects to recover normal operations post-pandemic [11] Group 5: Future Outlook and Strategic Focus - The company aims to strengthen its position in high-reliability products while actively exploring opportunities in consumer markets, particularly in 5G communications, automotive electronics, and artificial intelligence [13] - The company’s future product development will primarily focus on self-research, with an emphasis on maintaining its technological advantages [17] - The expected contribution from the 5G sector is anticipated to grow, with specific impacts depending on customer orders [17]