Group 1: Event Overview - The event was the "2022 Shenzhen Listed Companies Investor Online Reception Day" held on November 9, 2022, from 14:00 to 17:40 [1] - The event took place on the "Panorama Roadshow" website [1] - Participants included investors and company representatives, specifically Ms. Liang Yuan (Board Secretary) and Mr. Yang Jinwei (Financial Officer) [1] Group 2: Key Questions and Responses - The company confirmed involvement in a project with Ningde Times but could not disclose the specific contract amount due to confidentiality agreements [4] - Future development plans for the new energy business include strategic cooperation with major clients and expanding production capacity [4] - The company emphasized its commitment to product quality, having obtained multiple certifications including ISO9001 and IATF16949 [4] - To mitigate the impact of raw material price fluctuations, the company will enhance market analysis and strategic stockpiling [4] - The company has a stock option incentive plan from 2021 that is yet to commence exercise [5] - Recent fundraising efforts raised RMB 44.1356 million for a new project related to electric vehicle cooling plates [5]

证券代码：300731 证券简称：科创新源 公告编号：2022-082 深圳科创新源新材料股份有限公司 关于参加深圳辖区上市公司 2022 年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，深圳科创新源新材料股份有限公司（以 下简称"公司"）将参加由深圳证监局指导、深圳上市公司协会与深圳市全景网 络有限公司联合举办的"2022 年深圳辖区上市公司投资者集体接待日活动"， 现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net）或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2022 年 11 月 9 日（星期三）16:30-17:30。届时 公司董事会秘书梁媛女士及财务负责人杨进伟先生将在线就公司业绩、公司治理、 发展战略、经营状况、融资计划、股权激励和可持续发展等投资者关心的问题， 与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告。 深圳科创新源新材料股份有限公司 董事会 二〇二 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥236,522,626.59, a decrease of 21.33% compared to ¥300,635,348.86 in the same period last year[25]. - The net profit attributable to shareholders of the listed company was -¥21,193,338.91, representing a decline of 200.57% from a profit of ¥21,072,671.11 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was -¥19,703,626.91, down 234.53% from ¥14,646,330.76 in the same period last year[25]. - The basic and diluted earnings per share were both -¥0.17, a decrease of 200.00% from ¥0.17 in the same period last year[25]. - The weighted average return on net assets was -3.71%, down 7.15% from 3.44% in the previous year[25]. - The company reported a net profit of -1,489,712.00 CNY from non-recurring gains and losses during the reporting period[29]. - The company achieved operating revenue of 236.52 million yuan, a decrease of 21.33% compared to the same period last year[48]. - The net profit attributable to shareholders was -21.19 million yuan, a decline of 200.57% year-on-year[48]. - The company reported a net loss for the first half of 2022 was CNY 25.17 million, compared to a net profit of CNY 23.71 million in the first half of 2021[172]. Cash Flow and Assets - The net cash flow from operating activities improved to ¥18,290,032.23, a significant increase of 200.25% compared to -¥18,244,779.49 in the previous year[25]. - The total assets at the end of the reporting period were ¥1,002,245,827.74, an increase of 4.11% from ¥962,680,374.08 at the end of the previous year[25]. - The net cash flow from operating activities increased to ¥21,791,694.24 in the first half of 2022, up from ¥12,520,237.88 in the same period of 2021, representing a growth of 74.2%[182]. - The company reported a significant increase in net cash and cash equivalents, rising by 346.75% to ¥88,074,141.94 from a decrease of ¥35,694,054.31 in the previous year[56]. - Cash and cash equivalents increased to ¥242,002,336.30 from ¥162,753,888.85, representing a significant rise of approximately 48.5%[164]. - The total liabilities of the company were CNY 400,128,877.57, compared to CNY 348,484,450.57 at the beginning of the year, marking an increase of around 14.8%[166]. Business Operations and Strategy - The main revenue and profit source for the company is high-performance special rubber sealing materials, which are classified as a strategic emerging industry[33]. - The company has expanded its business into thermal management systems, focusing on products for new energy vehicles and energy storage systems[36]. - The expected installed capacity for new energy storage systems is projected to exceed 30 million kilowatts by 2025, indicating significant market potential[36]. - The company is committed to innovation and product development, aligning with national policies for carbon peak and carbon neutrality[36]. - The company plans to enhance its production capacity and customer acquisition efforts in response to operational pressures in 2022[49]. - The company plans to enhance cooperation with major clients and explore new application markets to improve its financial performance[87]. - The company is focusing on R&D and technological innovation to adapt to rapid market changes and competition in the new energy sector[84]. Risks and Challenges - The management has highlighted potential risks and uncertainties in future plans, emphasizing the need for investors to remain aware of investment risks[3]. - The company faced challenges such as high raw material costs and increased competition, leading to a decline in overall gross margin[49]. - The company will strengthen its analysis of raw material price trends to mitigate the impact of cost increases on gross margins[85]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company has a total guarantee amount of 5,000 million yuan approved during the reporting period, with an actual guarantee amount of 5,747.12 million yuan[128]. - The actual controller and related parties have pledged a total of 15,820,000 shares, accounting for 12.65% of the company's total share capital[135]. - The largest shareholder, Shenzhen Kexin Huaxin Technology Co., Ltd., holds 20.15% of the shares, totaling 25,200,000 shares[150]. - The total number of restricted shares decreased by 427,775 shares, resulting in a new total of 7,048,315 shares, which represents 5.63% of the total shares[143]. Research and Development - The company is focusing on R&D in high-performance polymer materials and thermal management systems to optimize its product structure[45]. - Research and development expenses for the first half of 2022 were CNY 19.83 million, an increase of 13% compared to CNY 17.55 million in the same period of 2021[172]. - The company plans to launch two new products in the next quarter, aiming to capture an additional 5% market share[189]. - The company has implemented a stock incentive plan, granting 1,998,000 restricted shares to 68 incentive targets[199]. Compliance and Governance - The company has passed the ISO 14001:2015 environmental management system certification, ensuring compliance with national and local environmental standards[102]. - The company has not encountered any situations where the expected recovery of principal from entrusted financial management is uncertain[72]. - The company has not reported any major environmental penalties during the reporting period and is not classified as a key pollutant discharge unit[101].

Financial Performance - Revenue for Q1 2022 was ¥110,579,089.06, a decrease of 22.85% compared to ¥143,320,982.24 in the same period last year[3] - Net profit attributable to shareholders was -¥11,163,798.08, representing a decline of 181.39% from ¥13,715,782.15 year-on-year[3] - Basic and diluted earnings per share were both -¥0.09, down 181.82% from ¥0.11 in the same period last year[3] - The total profit for Q1 2022 was -¥13,441,351.90, a decline of 173.06% from ¥18,398,689.64 in the same period last year[8] - The net loss attributable to the parent company was ¥11,163,798.08, compared to a profit of ¥13,715,782.15 in the previous period[25] - The total comprehensive income for the current period was -¥14,213,087.81, down from ¥16,683,484.24 in the previous period[25] Cash Flow - The net cash flow from operating activities improved to ¥666,098.22, a 101.94% increase from -¥34,417,157.03 in the previous year[3] - The net cash flow from operating activities for Q1 2022 was RMB 66,609,822.22, a significant increase of 101.94% compared to a net outflow of RMB 34,417,157.03 in Q1 2021[9] - The net cash flow from investing activities increased by 31.94% to RMB 25,510,480.22, primarily due to the redemption of RMB 37 million in bank wealth management products by the parent company[9] - The net cash flow from financing activities rose by 16.38% to RMB 44,945,667.33, indicating a positive trend in financing operations[9] - The company reported a significant improvement in cash flow due to the exclusion of a previously consolidated subsidiary from the cash flow statement[9] - Cash and cash equivalents at the end of the period increased to ¥225,088,304.82 from ¥213,409,298.86, marking a net increase of ¥71,163,046.79[28] Assets and Liabilities - Total assets increased by 2.01% to ¥982,028,523.57 from ¥962,680,374.08 at the end of the previous year[3] - The company’s total liabilities increased, with short-term borrowings rising by 30.45% to ¥107,115,225.00 due to new loans taken[6] - The company's total current liabilities decreased to CNY 208.80 million from CNY 214.66 million, a reduction of about 2.7%[22] - The company's total non-current liabilities increased to CNY 166.40 million from CNY 133.83 million, representing an increase of approximately 24.4%[22] - The company's total equity decreased to CNY 606.83 million from CNY 614.20 million, a decline of about 1.1%[22] - The company's cash and cash equivalents increased to CNY 229.93 million from CNY 162.75 million at the beginning of the year, reflecting a growth of approximately 41.2%[21] Expenses and Investments - The company reported a significant increase in management expenses by 32.10% to ¥19,305,894.41 due to stock option incentive plan costs[7] - Research and development expenses rose to ¥9,866,045.64, up from ¥8,626,001.15, indicating a focus on innovation[24] - The company recorded an investment loss of ¥360,394.77, an improvement from a loss of ¥413,741.64 in the previous period[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,994, with the largest shareholder holding 20.15% of the shares[11] - The largest shareholder, Shenzhen Kechuang Xinhua Technology Co., Ltd., holds 25,200,000 shares, with no pledged shares reported[12] - As of the report date, the total number of pledged shares by the controlling shareholder and its concerted parties is 14,080,000 shares, accounting for 34.48% of their total shareholding[17] Business Development - The company is actively pursuing market expansion and product development strategies to enhance its competitive position[15] - The company plans to enhance its market expansion strategies and continue investing in new technologies to drive future growth[29] - The company signed a lease agreement for a production facility with a total rental amount of approximately CNY 13.28 million for a period from March 1, 2022, to December 31, 2025, covering an area of about 9,401.65 square meters[16] - The company provided a guarantee of up to RMB 50 million for its subsidiary, Suzhou Ruitai Technology Co., Ltd., to support its business development[15] Regulatory and Compliance - The subsidiary COTRAN LATIN AMERICA received a penalty notification from the Brazilian Federal Revenue, with an estimated impact of approximately CNY 5.66 million on the net profit attributable to the parent company for 2022[18] - The subsidiary Wuhu Hangchuang Auto Parts Co., Ltd. changed its registered address to a new location in the China (Anhui) Pilot Free Trade Zone[15] Inventory and Current Assets - The company reported a total current asset of CNY 525.83 million, slightly up from CNY 517.19 million at the beginning of the year[21] - The company’s inventory increased to CNY 96.00 million from CNY 93.26 million, reflecting a growth of approximately 2.9%[21]

Financial Performance - The company's operating revenue for 2021 was CNY 568,414,718.40, representing an increase of 85.15% compared to CNY 306,998,366.86 in 2020[25]. - The net profit attributable to shareholders for 2021 was a loss of CNY 12,747,816.68, a decrease of 147.86% from a profit of CNY 26,634,653.33 in 2020[25]. - The net profit after deducting non-recurring gains and losses was a loss of CNY 18,076,021.39 in 2021, compared to a profit of CNY 16,873,274.48 in 2020, marking a decline of 207.13%[25]. - The company's cash flow from operating activities was negative CNY 1,209,947.46 in 2021, a decrease of 102.34% from CNY 51,609,525.33 in 2020[26]. - The total assets at the end of 2021 were CNY 962,680,374.08, a decrease of 1.69% from CNY 979,274,694.87 at the end of 2020[26]. - The net assets attributable to shareholders decreased by 3.46% to CNY 581,963,996.86 at the end of 2021 from CNY 602,811,369.02 at the end of 2020[26]. - The basic earnings per share for 2021 was -CNY 0.10, compared to CNY 0.22 in 2020, reflecting a decline of 145.45%[26]. - The weighted average return on equity was -2.16% in 2021, down from 4.70% in 2020, indicating a significant decrease[26]. - The company reported quarterly revenues of CNY 143,320,982.24, CNY 157,314,366.62, CNY 151,699,808.44, and CNY 116,079,561.10 for Q1 to Q4 respectively in 2021[28]. - The company experienced a significant loss in Q4 2021, with a net profit attributable to shareholders of -CNY 36,322,733.73, compared to profits in the earlier quarters[28]. Market and Industry Trends - The company expanded its business into thermal management systems, including liquid cooling plates for new energy vehicles and energy storage systems, in response to the national "carbon peak and carbon neutrality" goals[38]. - The company’s main revenue source is high-performance special rubber sealing materials, which are in high demand across various sectors including telecommunications and automotive[33]. - By the end of 2021, China had built and put into operation 1.425 million 5G base stations, with over 650,000 new stations constructed in the previous year[37]. - The total electricity consumption in China for 2021 was 8.31 trillion kWh, reflecting a year-on-year growth of 10.3%[37]. - The company is positioned to benefit from the rapid growth of the high-end rubber sealing materials market, driven by domestic firms gradually replacing imports[35]. - The market for high-performance rubber products is expected to grow significantly, driven by technological advancements and increasing application areas[35]. - The global automotive battery thermal management system market reached RMB 4.1 billion in 2020 and is expected to grow to RMB 19.7 billion by 2026, with a compound annual growth rate (CAGR) of 25.2%[39]. Cost and Procurement Challenges - The company experienced a decline in gross margin due to rising raw material costs, leading to increased procurement expenses[5]. - The company's overall product gross margin decreased compared to the previous year due to significant increases in raw material prices, including rubber, copper, and aluminum[42]. - The procurement of metal materials accounts for 53.78% of total procurement, with average prices increasing from 11.13 yuan/kg in the first half to 13.36 yuan/kg in the second half, reflecting a significant price rise due to domestic policies and international conditions[49]. - Rubber materials saw an average price increase of 11.03% year-on-year, with the average price rising from 17.93 yuan/kg to 19.38 yuan/kg[49]. - The average price of electrolytic aluminum and copper increased by 33.41% and 40.52% respectively in 2021 compared to 2020, impacting overall material costs significantly[49]. Research and Development - The company aims to enhance its R&D capabilities to improve product quality and performance, addressing the gap with international standards[34]. - The company has applied for 21 patents related to waterproof and dustproof protection products, indicating strong R&D capabilities and a focus on innovation[50]. - The number of R&D personnel increased by 50.00% from 88 in 2020 to 132 in 2021[85]. - R&D expenditure amounted to ¥41,467,433.12 in 2021, representing 7.30% of total revenue, a slight decrease from 7.71% in 2020[86]. - The company is developing a high-performance waterproof sealing product for 5G base stations, with expected market demand driving future revenue growth[83]. - A long-life sealing strip for rail transit vehicles is under development, aiming for a lifespan exceeding 10 years, which is anticipated to enhance revenue[83]. - The company plans to develop a fireproof and waterproof sealing product for electrical equipment, targeting performance comparable to imported products[83]. - A high thermal conductivity gel is being developed to meet the increasing cooling demands of electronic components, with potential applications in new energy vehicles[84]. - The company is working on a direct cooling heat dissipation system for new energy power systems, aiming to optimize thermal management solutions[84]. Strategic Initiatives and Future Outlook - The company plans to negotiate with major clients to adjust sales prices in response to rising raw material costs while enhancing cost control measures[5]. - Future plans and forecasts are subject to uncertainties related to policy environment and market conditions[8]. - The company aims to enhance its profitability in 2022 through extensive groundwork in technology and product development, capacity building, and new customer acquisition[60]. - The company plans to expand its market presence in the new energy sector through both organic growth and strategic acquisitions[40]. - The company has implemented a dual-driven growth model focusing on both organic growth and external expansion to capture new opportunities in the new energy and semiconductor materials sectors[58]. - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[175]. Governance and Management - The company has established a governance structure compliant with relevant laws and regulations, ensuring effective decision-making processes[135]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal requirements and fair representation of minority shareholders[137]. - The supervisory board includes 3 members, with oversight responsibilities to protect the interests of the company and its shareholders[138]. - The company has implemented a performance evaluation and incentive mechanism to foster a fair and efficient work environment for its management team[139]. - The company strictly adheres to legal regulations and disclosure management systems, ensuring timely and accurate information dissemination to all shareholders[140]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations, with no shared bank accounts or financial resources[142]. - The company has established an independent financial accounting department and a complete accounting system, ensuring independent financial decision-making[143]. Employee and Compensation Practices - The total remuneration paid to directors, supervisors, and senior management during the reporting period was CNY 6,175,732.55, covering 18 individuals including those who have left the company[163]. - The independent directors received an annual remuneration of CNY 80,000 (including tax) for 2021[163]. - The remuneration for non-independent directors, supervisors, and senior management is based on a combination of base salary, annual performance bonuses, and various allowances[163]. - The company follows a performance management system to determine the annual performance bonus based on set performance indicators[163]. - The company has a total of 18 directors, supervisors, and senior management personnel, including those who have left the company, during the reporting period[163]. - The company emphasizes fair compensation management and has developed a salary system based on competitive strategies and performance orientation[184]. Investment and Acquisitions - The company acquired subsidiaries Ruitek and Deriyuan to provide thermal management system products, which are widely used in consumer electronics, traditional appliances, and new energy vehicles[42]. - The company has established partnerships with major clients such as Huawei, ZTE, and Ericsson in the telecommunications sector[55]. - The company approved the acquisition of a stake in Anhui Microelectronics Longjiang Semiconductor Materials Co., Ltd. during the board meeting on March 23, 2021[166]. - The company is involved in acquiring part of the equity of Anhui Microelectronics and Jiangnan Semiconductor Materials Co., Ltd.[177]. - The company has completed the acquisition of a stake in Wuxi Kuncheng, with the project funded by reallocating resources from the high-performance special rubber sealing material project[109]. Risk Management - The company recognizes risks from macroeconomic factors, including the ongoing global pandemic, and will adjust market strategies accordingly[129]. - The company faces competition and market demand fluctuations in the telecommunications and new energy sectors, necessitating continuous product development and innovation[129]. - The company anticipates significant capital expenditures for production line construction and R&D, which may pose risks due to uncertainties in new product development[130]. - The company will monitor raw material price fluctuations to mitigate impacts on production costs and maintain gross margins[130]. - The company faces operational and human resource risks due to the expansion of its business scale, requiring enhanced management capabilities and talent development strategies[131].

证券代码：300731 证券简称：科创新源 公告编号：2021-111 深圳科创新源新材料股份有限公司 关于参加 2021 深圳辖区上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，深圳科创新源新材料股份有限公司 （以下简称"科创新源"或"公司"）将参加由深圳上市公司协会、深圳市全景 网络有限公司共同举办的"沟通传递价值，交流创造良好生态"——2021 深圳 辖区上市公司投资者网上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络 远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 全 景 • 路 演 天 下 " 网 站 （http://rs.p5w.net/）或关注微信公众号：全景财经，参与公司本次投资者集 体接待日活动，活动时间为 2021 年 11 月 30 日 14:00 至 17:00，其中公司与投 资者网上互动时间为 15:30 至 17:00。 届时公司董事会秘书梁媛女士及财务总监刘军先生将通过网络文字 ...

深圳科创新源新材料股份有限公司 2021 年第三季度报告全文 深圳科创新源新材料股份有限公司 2021 年第三季度报告 2021 年 10 月 1 深圳科创新源新材料股份有限公司 2021 年第三季度报告全文 2021 年第三季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗 漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期增 | 年初至报告期末比上年 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 减 | 同期增减 | | | 营业收入（元） | 151,699,808.44 | 119. ...

Financial Performance - The company reported a revenue of 300 million RMB for the first half of 2021, representing a year-on-year increase of 25%[16]. - The gross profit margin for the first half of 2021 was 35%, compared to 30% in the same period last year[16]. - The company's operating revenue for the reporting period was ¥300,635,348.86, representing an increase of 89.72% compared to the same period last year[22]. - The net profit attributable to shareholders decreased by 40.16% to ¥21,072,671.11, while the net profit after deducting non-recurring gains and losses fell by 54.87% to ¥14,646,330.76[22]. - The net cash flow from operating activities was negative at -¥18,244,779.49, a decline of 152.32% compared to the previous year[22]. - The company reported a basic and diluted earnings per share of ¥0.17, down 39.29% from ¥0.28 in the previous year[22]. - The company achieved operating revenue of CNY 300.64 million, an increase of 89.72% compared to the same period last year[51]. - The net profit attributable to shareholders decreased by 40.16% year-on-year, amounting to CNY 21.07 million, primarily due to delayed orders from major clients in the telecommunications sector[43]. - The company reported a total of ¥66,292,317.72 in lease liabilities, which is 6.26% of total assets, reflecting the implementation of new leasing standards since 2021[60]. Market Expansion and Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 20% market share by 2023[16]. - User data indicates a 15% increase in customer base, reaching 10,000 active users by the end of June 2021[16]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[68]. - The company is exploring potential mergers and acquisitions to enhance its product offerings and market presence[16]. - A strategic acquisition of a semiconductor materials company is in progress, expected to enhance the company's product portfolio and market competitiveness[68]. Research and Development - The company plans to invest 50 million RMB in R&D for new materials and technologies in the upcoming year[16]. - Investment in R&D for new silicon carbide materials increased by 20% in 2021, focusing on enhancing product performance and reducing costs[68]. - The company is focusing on core technology development with ongoing R&D investments in heat dissipation, special adhesives, and waterproof sealing products[58]. - Research and development expenses for the first half of 2021 were CNY 17.55 million, compared to CNY 10.22 million in the previous year, indicating a focus on innovation[200]. Product Development and Performance - The company has launched a new product line in precision structural components, expected to contribute 10 million RMB in revenue by year-end[16]. - The company has launched two new products in the carbon silicon wafer segment, contributing to a 5% increase in overall sales volume[68]. - The company delivered 10.55 million yuan worth of 5G-related products during the reporting period, significantly increasing compared to the previous year[35]. - The company maintains a leading position in the industry with its high-performance special rubber adhesive tapes and cold shrink tubing products, achieving technical indicators that meet or exceed international standards[33]. Financial Management and Investments - The total amount of raised funds is CNY 24,901.2 million, with CNY 413.09 million invested during the reporting period[73]. - Cumulative investment of raised funds reached CNY 22,817.56 million, representing 91.6% of the total raised[74]. - The company has received CNY 6,737,038.91 in interest and investment income from the raised funds account as of June 30, 2021[74]. - The company has completed the acquisition of a portion of Wuxi Kuncheng's equity, with a total investment of CNY 8,253.95 million[76]. Risks and Challenges - The company faces risks related to supply chain disruptions and has implemented measures to mitigate these risks[4]. - The company is navigating risks associated with rapid industry changes and market competition, particularly in telecommunications and new energy sectors[93]. - There is a potential risk of goodwill impairment due to challenges in integrating acquired companies, which could affect overall performance[98]. - The company faces risks related to management and human resources as its business expands, necessitating improvements in internal organizational structure and resource allocation[97]. Corporate Governance and Compliance - The company did not distribute cash dividends or issue bonus shares for the half-year period[104]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[122]. - The company actively supports charitable initiatives in the Guangming District, contributing to the "Guangdong Poverty Alleviation Assistance Project" in the first half of 2021[125]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[129]. Shareholder and Equity Information - The company approved a cash dividend of RMB 1.00 per share, totaling RMB 12,587,286.70, based on a total share capital of 125,872,867 shares[159]. - The company's registered capital decreased from RMB 126,036,667 to RMB 125,872,867 after the cancellation of 163,800 restricted shares due to performance issues and employee departures[160]. - Major shareholder Zhongneng Investment pledged 3,860,000 shares, representing 3.07% of the total share capital, and later released the pledge[153]. - The largest shareholder, Shenzhen Kexin Technology Co., Ltd., holds 20.02% of the shares, totaling 25,200,000 shares, with 9,950,000 shares pledged[178].

Acquisitions and Investments - The company completed acquisitions of Ruitek and Deruiyuan, which will be included in the consolidated financial statements for 2021[9]. - The company acquired 51% of Guangdong Deruiyuan New Materials Technology Co., Ltd. for CNY 61.20 million and 54.95% of Suzhou Ruitai Technology Co., Ltd. for CNY 80 million, expanding its market presence[82]. - The company is in the process of acquiring a 55% stake in Wuhu Shunfu Precision Die Casting Technology Co., Ltd. for a transaction price not exceeding CNY 17,000 million[64]. - The acquisition of a stake in Wuxi Kuncheng was completed in July 2019, with an investment of CNY 82,539,500 allocated from the funds originally intended for the "High-Performance Special Rubber Sealing Material Construction Project"[119]. - The company has completed the acquisition of Suzhou Ruitai Technology Co., Ltd., with a total investment of 30,000,000 CNY, which is expected to enhance its market position[106]. - The company aims to leverage the growth opportunities in the 5G and new energy vehicle sectors through strategic acquisitions[126][127]. Financial Performance - The company's operating revenue for 2020 was CNY 306,998,366.86, representing a slight increase of 0.33% compared to CNY 305,983,661.78 in 2019[25]. - The net profit attributable to shareholders decreased by 46.09% to CNY 26,634,653.33 from CNY 49,408,605.83 in the previous year[25]. - The net profit after deducting non-recurring gains and losses increased by 50.02% to CNY 16,873,274.48 from CNY 11,247,060.91 in 2019[25]. - The total assets at the end of 2020 reached CNY 979,274,694.87, an increase of 38.53% from CNY 706,929,367.07 at the end of 2019[25]. - The company reported a total revenue of 1.5 billion RMB for the year 2020, representing a year-on-year growth of 20%[163]. - The company reported a net profit margin of 15% for the year 2020, indicating strong operational efficiency[106]. Dividends and Shareholder Returns - The company plans to distribute cash dividends of 1 RMB per 10 shares to all shareholders, based on a total of 125,872,867 shares[12]. - The cash dividend for 2020 represents 47.26% of the net profit attributable to the parent company's shareholders[147]. - The company reported a total distributable profit of RMB 148,935,052.42 for the year[144]. - The cash dividend for 2019 was RMB 12,486,654.70, which was 25.27% of the net profit attributable to the parent company[147]. - The company has committed to maintaining an annual cash dividend level not lower than 20% of the distributable profit achieved in the current year, as per the profit distribution plan after the IPO[186]. Research and Development - The company has obtained a total of 220 patents, including 21 invention patents, reflecting its commitment to R&D and innovation[58]. - R&D investment totaled CNY 2,366.35 million, accounting for 7.71% of total revenue, with the company securing 21 new invention patents during the reporting period[68]. - The company is focusing on developing domestic alternatives for fireproof materials, which have completed technical development and are entering small batch delivery stages[87]. - The company is actively developing new technologies and products to meet the evolving demands of the 5G communication market[115]. - The company has invested 200 million RMB in R&D for new technologies aimed at improving product efficiency and sustainability[151]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a market share increase of 10% within the next two years[155]. - The company is exploring potential mergers and acquisitions to strengthen its supply chain and expand its product offerings[161]. - The company aims to implement a dual-driven growth model of "internal growth + external expansion" to reduce operational risks and ensure stable development[136]. - The company will continue to develop high-performance thermal interface materials and fireproof insulation products for the power application sector in 2021[133]. - The company plans to enhance focus on joint ventures and continuously track investment situations in the future[129]. Operational Challenges and Risks - The company faces risks from macroeconomic factors such as trade tensions and the ongoing global pandemic, which may impact its operations[5]. - The company acknowledges the potential for goodwill impairment risks associated with the acquisitions if the integration does not proceed as planned[10]. - The company recognizes the competitive risks in the telecommunications industry, particularly related to the uncertainty of 5G base station construction[6]. - The company is committed to analyzing raw material price trends to mitigate the impact of cost fluctuations on its gross margin[11]. - The company will continue to monitor and adjust its market structure in response to changing economic conditions[5]. Production and Supply Chain - The company has established long-term relationships with suppliers to ensure stable raw material supply, which is crucial for maintaining production quality[39]. - The company will implement strategic stockpiling of key materials to ensure stable supply and cost control[11]. - The company has shifted its focus in the telecommunications sector to waterproof sealing materials and plastic-metalized RF devices, aligning with the opportunities presented by the 5G construction[116]. - The company has established production capabilities for high-performance waterproof sealing tape and cold shrink tubing to meet customer demands[116]. - The company’s automotive sealing business showed significant improvement in 2020, with a notable recovery in revenue as the automotive industry began to recover[37]. Future Outlook - The company has set a revenue guidance for 2021, projecting a growth rate of 25% compared to 2020, aiming for 1.875 billion RMB[153]. - The company aims to achieve a revenue growth target of 20% for the upcoming fiscal year, driven by new product launches and market expansion efforts[106]. - The company plans to implement cost-cutting measures, aiming for a 5% reduction in operational expenses over the next year[159]. - The company is committed to sustainability initiatives, aiming to reduce its carbon footprint by 30% over the next five years[106]. - The company will continue to optimize its core product processes and enhance product quality to stabilize market demand[136].

Financial Performance - The company's revenue for Q1 2021 was ¥143,320,982.24, representing a 139.14% increase compared to ¥59,932,490.70 in the same period last year[7] - Net profit attributable to shareholders was ¥13,715,782.15, up 55.17% from ¥8,839,123.90 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥12,597,929.44, reflecting a 54.63% increase from ¥8,146,960.04 in the previous year[7] - The basic earnings per share increased to ¥0.11, a rise of 57.14% compared to ¥0.07 in the same period last year[7] - Net profit increased by 85.11% to ¥15,930,287.89, attributed to improved operational stability and revenue growth[18] - In Q1 2021, the company achieved total revenue of CNY 143,320,982.24, a year-on-year increase of 139.14%, and net profit attributable to shareholders of CNY 13,715,782.15, up 55.17% year-on-year[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥982,192,471.33, a slight increase of 0.30% from ¥979,274,694.87 at the end of the previous year[7] - The total equity of the company stood at CNY 684,269,466.72, reflecting a slight increase from CNY 665,080,307.38 at the end of 2020[56] - The company's total assets as of March 31, 2021, amounted to CNY 982,192,471.33, a slight increase from CNY 979,274,694.87 at the end of 2020[54] - The total current liabilities decreased to CNY 197,745,205.75 from CNY 298,011,675.79, showing a reduction of approximately 33.6%[56] - Long-term borrowings skyrocketed by 6139.13% to ¥86,100,000.00, primarily for financing acquisitions and capital increases[15] Cash Flow - The net cash flow from operating activities was negative at -¥34,417,157.03, a significant decrease compared to a positive cash flow of ¥3,483,843.65 in the same period last year, marking a decline of 1,087.91%[7] - Cash flow from operating activities showed a significant decline of 1087.91%, resulting in a net outflow of ¥34,417,157.03 due to the consolidation of new subsidiaries[19] - The cash flow from operating activities showed a net outflow of CNY -34,417,157.03, compared to a net inflow of CNY 3,483,843.65 in the previous period[72] - Cash inflow from operating activities totaled 52,542,332.61 yuan, compared to 48,690,167.56 yuan in the prior period, reflecting a growth of approximately 3.5%[74] - The net cash flow from investment activities was -76,382,695.48 yuan, a significant decline from 8,862,136.06 yuan in the previous period[76] Shareholder Information - The company reported a total of 7,719 common shareholders at the end of the reporting period[11] - The top shareholder, Shenzhen Kexin Huake Technology Co., Ltd., held 20.02% of the shares, amounting to 25,200,000 shares[11] - Shareholder Zhongneng Investment pledged 3,860,000 shares, representing 3.07% of the total share capital, with a new pledge expiration date of April 21, 2021[29] - Shareholder Suzhou Tianli Investment released pledges on 9,950,000 shares (7.90% of total share capital) and 5,363,543 shares (4.26% of total share capital) in March 2021[30] Research and Development - Research and development expenses increased by 100.14% to ¥8,626,001.15, reflecting heightened investment in 5G technology and related products[17] - Research and development expenses for Q1 2021 were CNY 8,626,001.15, up from CNY 4,309,893.21, indicating a 100% increase year-over-year[63] - The "Research and Development Center Construction Project" is aimed at enhancing the company's R&D capabilities, although it does not directly generate profits[44] Market and Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16] - The company is expanding its production capacity in the new energy sector, with new production lines for liquid cooling plates for electric vehicles, expected to significantly contribute to capacity release and profit in the second half of 2021[21] - The company has made strategic investments in the semiconductor materials sector, acquiring a 3.3708% stake in Anhui Microchip Changjiang Semiconductor Materials Co., Ltd. for CNY 30 million[21] - The company is actively managing raw material price fluctuations to mitigate impacts on production costs and maintain profit margins[26] Risks and Challenges - The company faces risks from macroeconomic factors such as trade tensions and the ongoing pandemic, which may impact operations and market structure[24] - The company completed acquisitions of Guangdong Deruiyuan and Suzhou Ruitai, integrating them into the consolidated financial statements, which may pose integration and goodwill impairment risks[25] Financial Management - The company's financial expenses surged by 1769.57% to ¥2,185,223.42, mainly due to interest from new long-term borrowings[17] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[47] - There were no violations regarding external guarantees during the reporting period[46] Future Plans - The company has disclosed plans for future share reduction by major shareholders[39] - The company has not implemented any share repurchase plans during the reporting period[39]