编号：2019-02 证券代码：300757 证券简称：罗博特科 罗博特科智能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 | R | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | R 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 东吴证券 周尔双 | | | 人员姓名 | 太平资产 徐纯波 | | | | 中信建投 秦基例 | | | | 弘则研究 张骥 | | | | 中金公司 石婷婷 | | | | 华泰证券 仲怡雯、叶晓、郭桁熙 | | | | 浙商证券 王俊阳 | | | | 海通证券 沈伟杰 | | | | 诺德基金 牛致远 | | | | 广发证券 彭哲远 | | | | 财通证券 张百强、陆雨鑫、陆志洲 | | | | ...

证券代码：300757 证券简称：罗博特科 罗博特科智能科技股份有限公司投资者关系活动记录表 编号：2022-10 | --- | --- | --- | --- | --- | --- | |------------------|--------------------------|--------------|----------------------|-------|--------------| | | | | | | | | 投资者关系活动类 | 特定对象调研 | | 分析师会议 | | | | 别 | 媒体采访 | | 业绩说明会 | | | | | 新闻发布会 | | 路演活动 | | | | | 现场参观 | | | | | | | 其他 （电话会议） | | | | | | 参与单位名称及 | 东北证券 | | 高伟杰、武芃睿、张禹 | | | | 人员姓名 | 中信建投证券 | 吕娟、籍星博 | | | | | | 安信证券 | | 党子尧、杨健、曹而格 | | | | | 深圳智诚海威 | 闫小龙 | 云禧基金私募 | | 李伟杰 | | | 广东文华先锋私募 | 杜炜 | 昭图投资 ...

证券代码：300757 证券简称：罗博特科 罗博特科智能科技股份有限公司投资者关系活动记录表 编号：2021-02 | --- | --- | --- | --- | |----------------|--------------------------------|----------------------------------------------------|------------------------| | | | | | | 投资者关系活动 | | √特定对象调研 □分析师会议 | | | 类别 | | □媒体采访 □业绩说明会 | | | | □新闻发布会 | □路演活动 | | | | √现场参观 | | | | | □其他 | （请文字说明其他活动内容） | | | 参与单位名称及 | 信达证券 陈磊 | 交行施罗德 孙祥瑞 | | | 人员姓名 | 东北证券 | 上投摩根基金 陈谦怡 | | | | 东方证券 杨震 | 永赢基金 沈平虹 | | | | | 中信建设 崔逸凡 翰聚资产 | 王依 | | 时间 | 2021 年 11 | | | | 地点 | 罗博特科智能科技股份有 ...

Financial Performance - In 2021, the company achieved operating revenue of 1.086 billion CNY, representing a year-on-year growth of 105.58% [3] - The net profit attributable to shareholders was -46.8753 million CNY, with a year-on-year loss reduction of 30.32% [3] - In 2022 Q1, the company reported operating revenue of 198 million CNY and a net profit of 2.9274 million CNY, impacted by bad debt provisions and asset impairment losses totaling over 8 million CNY [4] Challenges and Impacts - The company faced challenges due to increased upstream silicon material costs and the impact of the pandemic on logistics and operational efficiency [4] - The overall accounts receivable situation was negatively affected, leading to a high balance of bad debt provisions, although efforts to recover long-aged receivables are ongoing [4][6] - The photovoltaic industry experienced investment slowdowns in 2021, affecting cash flow and receivables collection [6] Strategic Focus - The company aims to focus on the photovoltaic and semiconductor industries, enhancing R&D in automation equipment and standardized processes [5] - Emphasis on lean management to balance scale and profit, optimize contract payment conditions, and control accounts receivable [5] - The company plans to accelerate the integration of ficonTEC, despite challenges posed by the pandemic [9] Market Outlook - The photovoltaic industry is expected to have significant growth potential, driven by energy transition needs and technological advancements [7] - The demand for automation equipment is increasing as clients recognize its importance in production efficiency and cost control [7] - The market for half-cell production equipment is anticipated to grow, with higher value per unit compared to traditional battery automation equipment [8] R&D Investments - In 2021, the company invested over 50 million CNY in R&D, focusing on new automation platforms and domestic production of semiconductor equipment [4] - The company is developing copper plating technology for solar cell manufacturing, which is expected to reduce costs significantly [9] - The company is also advancing its semiconductor cleaning, coating, and developing equipment, leveraging existing technology from its subsidiary [9][10]

证券代码：300757 证券简称：罗博特科 罗博特科智能科技股份有限公司投资者关系活动记录表 编号：2022-04 | --- | --- | --- | |--------------|---------------------|------------------------------------| | | | | | 投资者关系活 | □ 特定对象调研 | 分析师会议 | | 动类别 | □ 媒体采访 □ | 业绩说明会 | | | □ 新闻发布会 □ | 路演活动 | | | □ 现场参观 | | | | 其他 （电话会议） | | | 参与单位名称 | 浙商证券研究所 | 邱世梁、王华君、林子尧、黄凯、何家 | | 及人员姓名 | 恺、罗敬云、李栋 | | | | 韶夏投资 | 东方证券自营 | | | 玄元投资 | 赵仲鹏 中融基金 | | | 同犇投资 | 王鹏 易方达上海 | | | 百泉汇中 | 郭志强 华宝基金 | | | 鼎汇通 | 叶罗彬 易同 | | | 中再资产 | 陆铭 上海源贝资管 | | | 瓦琉咨询 李越 | 淳厚基金 | | | 浙商证券自营 | 林建 瑞信资产 | | ...

Financial Performance - The company's revenue for Q3 2022 was ¥215,129,678.08, representing a decrease of 44.52% compared to the same period last year[7]. - The net profit attributable to shareholders was ¥27,299,455.87, showing a significant increase of 998.52% year-on-year[7]. - The basic earnings per share for the period was ¥0.25, reflecting a substantial increase of 1,150.00% compared to the previous year[7]. - Total operating revenue for the third quarter was ¥561,466,189.41, a decrease of 36.2% compared to ¥878,973,788.00 in the same period last year[30]. - Net profit for the quarter was ¥645,040.92, a significant decline from ¥32,467,858.37 in the previous year[31]. - The company reported a basic earnings per share of ¥0.01, down from ¥0.30 in the previous year[31]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,230,013,874.99, an increase of 11.18% from the end of the previous year[7]. - Total liabilities increased to ¥1,384,130,160.73, compared to ¥1,160,613,259.83 in the previous year, reflecting a growth of 19.3%[30]. - The company’s total equity attributable to shareholders was ¥846,887,653.11, showing a slight increase of 0.14% from the previous year[7]. - The total equity attributable to shareholders of the parent company was ¥846,887,653.11, slightly up from ¥845,706,918.86 year-over-year[30]. Cash Flow - The company reported a cash flow from operating activities of ¥114,783,394.39, which is an increase of 184.49% year-to-date[7]. - The cash inflow from operating activities totaled ¥629,007,305.36, an increase of 57.8% compared to ¥398,729,759.04 in the previous period[36]. - The net cash flow from operating activities was ¥114,783,394.39, a significant recovery from a negative cash flow of -¥135,853,619.78 in the previous period[36]. - Cash inflow from investment activities amounted to ¥408,566,768.48, compared to ¥70,359,414.86 in the previous period, indicating a substantial increase[36]. - The total cash and cash equivalents at the end of the period reached ¥209,374,797.44, an increase from ¥122,267,294.05 in the previous period[38]. Expenses and Investments - Research and development expenses for the period amounted to ¥47,004,104.11, a rise of 50.17% compared to the previous year, indicating increased investment in product and technology upgrades[12]. - The increase in tax expenses to ¥4,330,354.61 from ¥3,687,346.22 indicates a rising tax burden on the company[30]. - Cash paid for debt repayment increased by 118.09% to CNY 523,447,880.00, due to improved cash flow allowing for early repayment of loans[15]. Inventory and Shareholder Information - The company’s inventory increased to ¥510,812,004.17, a rise of 63.21% due to an increase in orders[12]. - The number of common shareholders at the end of the reporting period was 6,202, indicating a stable shareholder base[16]. - The largest shareholder, Suzhou Yuanxie Sheng Enterprise Management Consulting Co., Ltd., holds 27.38% of shares, with 30,264,000 shares pledged[16].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥346,336,511.33, a decrease of 29.50% compared to the same period last year[26]. - The net profit attributable to shareholders was a loss of ¥26,240,094.97, representing a decline of 190.03% year-on-year[26]. - Basic and diluted earnings per share were both -¥0.24, a decrease of 185.71% year-on-year[26]. - The weighted average return on net assets was -3.15%, down 7.26% from the previous year[26]. - The overall gross margin improved by 1.51 percentage points despite rising logistics, raw material, and labor costs[50]. - The company anticipates a strong recovery in its main business in the second half of 2022 due to robust demand for new investments and capacity upgrades in the photovoltaic industry[49]. Cash Flow and Assets - The net cash flow from operating activities improved to -¥25,726,647.18, a 78.96% increase compared to the previous year[26]. - Total assets at the end of the reporting period were ¥2,065,716,056.42, reflecting a 2.99% increase from the end of the previous year[26]. - The net assets attributable to shareholders decreased by 3.12% to ¥819,351,903.19 compared to the end of the previous year[26]. - The company's cash and cash equivalents increased significantly by 491.30% to ¥113,311,709.95, primarily due to improved cash collection[78]. - The total amount raised from the public offering was RMB 431.20 million, with a net amount of RMB 351.98 million after deducting underwriting and related fees[89]. Research and Development - R&D investment reached 31.32 million yuan, an increase of 58.22% year-on-year[51]. - The company has initiated multiple R&D projects related to TOPCon technology, enhancing its automation capabilities across the entire process[51]. - The company emphasizes talent development, maintaining a stable and advanced R&D team to meet the high demands of the high-tech industry[74]. - The company has initiated 14 R&D projects focused on TOPCon technology, rapidly accumulating automation technology across all process segments[69]. Market Strategy and Product Development - The company is focusing on new product development and market expansion strategies to improve future performance[5]. - The company specializes in high-end automation equipment and intelligent manufacturing execution systems, primarily serving the photovoltaic, electronics, and semiconductor sectors[37]. - The company is gradually entering the photovoltaic cell process equipment market as part of its overall development strategy[37]. - The company is focusing on continuous technological innovation and product differentiation to maintain its competitive edge in the increasingly crowded photovoltaic automation equipment market[110]. Risk Management and Future Outlook - The management highlighted potential risks and countermeasures in the report, emphasizing the need for investor awareness[5]. - The company acknowledges the risk of declining gross margins due to intensified market competition and plans to strategically abandon low-margin business segments[114]. - The company recognizes the impact of macroeconomic fluctuations on demand for its products and is adapting its strategies to align with industry trends[108]. Corporate Governance and Shareholder Relations - The company has established multiple communication channels to enhance investor relations and ensure timely feedback from investors[136]. - The company has implemented strict shareholder meeting procedures to ensure all investors can participate effectively in corporate governance[137]. - The company has committed to protecting shareholder rights by adhering to regulations regarding stock transfer and management during the lock-up period[144]. Environmental and Social Responsibility - The company has not faced any environmental penalties during the reporting period and has adhered to environmental regulations[135]. - The company has implemented measures to ensure that all waste generated is properly disposed of, preventing secondary pollution[134]. - The company is involved in the promotion of photovoltaic agriculture, utilizing agricultural facilities for solar energy development[64]. Employee Welfare and Development - The company emphasizes employee welfare by providing supplementary medical insurance and various benefits for significant life events and holidays[139]. - A comprehensive training system is in place, including internal and external training programs to enhance employee skills and professional development[139].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥491,232,480.39, representing an increase of 85.27% compared to the same period last year[29]. - The net profit attributable to shareholders was ¥29,147,338.77, a significant turnaround from a loss of ¥14,343,303.34 in the previous year, marking a 197.84% increase[29]. - Basic earnings per share increased to ¥0.28 from a loss of ¥0.14, reflecting a 196.55% improvement[29]. - Total assets at the end of the reporting period were ¥2,176,981,453.94, an increase of 25.82% from the end of the previous year[29]. - The net assets attributable to shareholders were ¥724,307,380.78, up 4.20% from the previous year[29]. - The company achieved operating revenue of 491.23 million yuan, an increase of 85.27% year-on-year[48]. - The net profit attributable to shareholders was 29.15 million yuan, up 197.84% compared to the same period last year, marking a turnaround from loss to profit[48]. - Total assets reached 2.18 billion yuan, a year-on-year increase of 25.82%[48]. - The net assets attributable to shareholders amounted to 724.31 million yuan, reflecting a 4.20% increase year-on-year[48]. Cash Flow and Investments - The net cash flow from operating activities was -¥122,285,369.16, which is a decline of 18.00% compared to the previous year[29]. - The company achieved a net increase in cash and cash equivalents of ¥19,163,217.37, a significant improvement of 577.14% from -¥4,016,232.44 in the same period last year[67]. - Cash and cash equivalents at the end of the reporting period amounted to ¥169,160,368.32, representing 7.77% of total assets, an increase from 6.74% at the end of the previous year[72]. - The total investment during the reporting period was ¥3,924,349.66, a decrease of 44.31% compared to ¥7,046,447.23 in the same period last year[80]. - The company has temporarily used CNY 87 million of idle raised funds to supplement working capital, with a remaining balance of CNY 87 million as of the reporting period[87]. Operational Efficiency and Market Strategy - The company specializes in high-end automation equipment and intelligent manufacturing execution systems (MES), primarily serving the photovoltaic battery sector[40]. - The company employs a sales-driven production model, customizing products based on client needs, which enhances production efficiency and reduces delivery times[42]. - The company has established a comprehensive sales network and employs a project management approach for order execution, ensuring rapid response to customer demands[47]. - The company focuses on after-sales technical support, with dedicated personnel for key clients, facilitating feedback for product improvement and technological advancement[47]. - The company’s revenue model is based on a combination of direct sales and customized solutions, aligning closely with market demand and technological trends[42]. - The company has developed a sustainable profit model through its core focus on R&D and market-oriented production strategies[42]. - The company plans to expand production scale as order volume increases, which is expected to improve profitability in the future[84]. Research and Development - Research and development investment rose to ¥19,797,043.96, marking a 15.67% increase from ¥17,114,825.53[67]. - The company developed a new high-capacity intelligent manufacturing ARK platform and a second-generation intelligent manufacturing system R2-Fab based on 5G technology[49]. - The company holds 233 authorized patents related to its operations, including 14 invention patents and 215 utility model patents[56]. - The company emphasizes continuous R&D investment to maintain technological and product leadership amid increasing market competition[100]. Risk Management - The company faces risks from macroeconomic fluctuations and potential declines in the photovoltaic industry, which could impact customer demand for its equipment[98]. - The company is focusing on technological innovation and expanding into other industries to mitigate risks associated with the photovoltaic sector[98]. - The company's accounts receivable net amount is 337.30 million yuan, accounting for 20.70% of current assets, indicating a significant risk of uncollectible accounts[100]. - The company's inventory value is 777.73 million yuan, representing 35.73% of total assets, which poses a risk of inventory obsolescence if customers delay or cancel orders[103]. - The company plans to enhance after-sales service management and standardize installation and maintenance processes to mitigate delivery cycle risks[99]. Corporate Governance and Social Responsibility - The company maintains a commitment to corporate social responsibility, ensuring transparency and protecting the rights of shareholders, suppliers, and employees[114]. - The company will continue to adhere to legal regulations and support local economic development while balancing economic and social benefits[115]. - The company reported no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[118]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[119]. - The company had no violations regarding external guarantees during the reporting period[120]. Shareholder Information - The total number of shares is 104,000,000, with 47.24% being restricted shares and 52.76% being unrestricted shares[159]. - The total number of common shareholders at the end of the reporting period is 4,961[162]. - The largest shareholder, Suzhou Yuanxie Sheng Enterprise Management Consulting Co., Ltd., holds 30.38% of shares, totaling 31,590,000 shares[162]. - The second-largest shareholder, Li Jie, holds 10.02% of shares, totaling 10,421,592 shares, with a reduction of 283,120 shares during the reporting period[162].

Revenue and Profit - The company's revenue for Q3 2021 reached ¥387,741,307.61, representing a 227.77% increase compared to ¥169,144,017.07 in the same period last year[3] - The net profit attributable to shareholders was ¥2,485,117.95, a decrease of 57.93% from ¥20,026,671.82 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,330,557.01, showing a 107.10% increase from -¥4,621,560.77 in the same period last year[3] - Operating revenue for the first nine months of 2021 reached ¥878,973,788, a 129.24% increase compared to ¥383,436,013 in the same period of 2020[11] - Operating profit for the current period was ¥34,223,473, compared to an operating loss of ¥26,240,398 in the previous period, marking a turnaround[34] - Net profit for the current period was ¥32,467,858, a recovery from a net loss of ¥24,433,670 in the previous period[37] Assets and Liabilities - The company's total assets increased by 19.31% to ¥2,064,453,540.51 from ¥1,730,299,505.49 at the end of the previous year[5] - The total liabilities of the company reached RMB 1,337,419,781.28, compared to RMB 1,035,760,009.64 at the end of 2020, which is an increase of about 29.2%[30] - The company's equity attributable to shareholders increased to RMB 726,784,009.86 from RMB 695,129,108.88, showing a growth of approximately 4.5%[30] - The total assets amounted to $1,730,299,505.49, with a slight increase to $1,730,806,675.90 after adjustments[51] - The total liabilities reached $1,035,760,009.64, slightly increasing to $1,036,267,180.05 after adjustments[51] Cash Flow - The cash flow from operating activities showed a slight decrease of 0.29% compared to the previous year, with a net cash flow of -¥135,853,600[3] - Cash received from sales and services amounted to ¥362,727,725, marking a 109.04% increase from ¥173,518,943, attributed to higher sales and improved collections[12] - Cash paid for purchasing goods and services was ¥382,620,012, a 47.33% increase from ¥259,710,321, driven by expanded sales scale and increased material procurement[14] - Cash flow from operating activities generated ¥398,729,759, compared to ¥241,432,718 in the previous period, reflecting an increase of approximately 65%[41] - Cash outflow from operating activities totaled ¥534,583,379, up from ¥376,892,818, indicating a rise of about 42%[41] - The company reported a net cash flow from operating activities of -¥135,853,620, slightly worse than -¥135,460,101 in the previous period[41] Inventory and Borrowings - The company's inventory increased by 36.43% to ¥556,486,480.46, attributed to a full order book and increased raw material reserves[9] - The short-term borrowings rose by 73.39% to ¥437,434,631.82, reflecting the expansion of the company's business scale[9] - Inventory rose to RMB 556,486,480.46, up from RMB 407,897,851.86, indicating a growth of about 36.4%[26] - The company's short-term borrowings increased significantly to RMB 437,434,631.82 from RMB 252,282,202.78, reflecting a rise of approximately 73.3%[30] Expenses and Income - Operating costs increased to ¥709,458,928, reflecting a 107.93% rise from ¥341,207,684 due to higher sales volume[11] - The company reported a significant increase in financial expenses, with a rise of 836.45% to ¥15,512,118 due to expanded financing activities[11] - Tax expenses rose by 239.93% to ¥2,977,456, correlating with the increase in total profit[11] - The company received tax refunds of ¥18,462,664, a 75.13% increase from ¥10,542,308, due to higher sales and increased export tax rebates[14] - Investment income surged by 582.42% to ¥2,761,911 from ¥404,720, primarily due to increased earnings from joint ventures[11] - Research and development expenses were ¥31,300,657, up from ¥30,052,209, showing a slight increase of about 4%[34] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,094, with the largest shareholder holding 30.38%[15] - The company has not yet implemented the plan to issue shares to specific investors as of the end of the reporting period[21] Other Financial Activities - The company invested RMB 30 million in the Suzhou Industrial Park Hechuang Zhiyuan Digital Technology Venture Capital Fund, accounting for 15% of the total subscribed capital[22] - The company recorded a significant increase in other income, totaling ¥3,990,970, down from ¥25,172,345 in the previous period[34] - The net cash inflow from investment activities was $70,359,414.86, compared to $449,179,797.00 in the previous period, resulting in a net cash flow from investment activities of $35,467,401.67, down from $59,178,129.52[44] - The company raised $395,244,291.67 through financing activities, an increase from $272,000,000.00 in the previous period, leading to a net cash flow from financing activities of $141,344,674.19, up from $86,068,627.84[44] Audit Status - The company did not undergo an audit for the third quarter report, indicating that the figures are unaudited[56]

Financial Performance - The company's operating revenue for Q1 2022 was ¥198,484,253.44, a decrease of 21.05% compared to ¥251,417,861.93 in the same period last year[6] - Net profit attributable to shareholders was ¥2,927,401.67, down 83.13% from ¥17,353,316.50 year-on-year[6] - Basic and diluted earnings per share were both ¥0.03, down 82.35% from ¥0.17 in the same period last year[6] - The total operating revenue for the first quarter of 2022 was CNY 198,484,253.44, a decrease of 21.03% compared to CNY 251,417,861.93 in the same period last year[39] - The total profit for the current period is 2,868,868.95, down from 18,733,665.18 in the previous period[43] - The operating profit for the current period is 2,770,505.84, compared to 18,421,264.88 in the previous period[43] - The total comprehensive income attributable to the parent company is 2,992,519.77, down from 17,458,588.22 in the previous period[46] Cash Flow and Liquidity - The net cash flow from operating activities was -¥94,602,550.02, representing a significant decline of 1,240.41% compared to -¥7,057,741.90 in the previous year[6] - The company's cash and cash equivalents increased to CNY 214,855,809.10 at the end of the first quarter, up from CNY 165,888,587.05 at the beginning of the year, representing a growth of 29.5%[30] - Cash and cash equivalents at the end of the period amount to 177,784,912.37, compared to 118,169,449.15 at the end of the previous period[53] - The cash flow from operating activities shows a net outflow of -94,602,550.02, compared to -7,057,741.90 in the previous period[50] - The cash inflow from financing activities is 180,327,221.00, compared to 81,600,000.00 in the previous period[50] - The company received cash from investment activities amounting to 125,337,209.20, compared to 70,359,414.86 in the previous period[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,022,071,032.47, an increase of 0.82% from ¥2,005,709,140.99 at the end of the previous year[6] - The total liabilities increased to CNY 1,166,678,128.98 from CNY 1,160,613,259.83, a slight rise of 0.7%[36] - Short-term borrowings rose to CNY 646,500,996.89 from CNY 483,065,938.81, marking an increase of 33.9%[36] Shareholder Information - The company reported a total of 31,590,000 shares held by Suzhou Yuanxie Sheng Enterprise Management Consulting Co., accounting for 28.58% of total shares[18] - The top 10 shareholders collectively hold 49,132,200 shares, all of which are unrestricted shares[22] - The total number of shares held by the top 10 unrestricted shareholders is 49,132,200, with no new restricted shares added during the reporting period[22] - The company has a stock incentive plan that involves granting 300,000 restricted shares, representing 0.272% of the total share capital[26] - The stock incentive plan was approved by the board on December 5, 2021, and the grant price is set at 29.81 RMB per share[26] - The stock incentive plan's first grant was completed on February 17, 2022, with 251,500 shares registered, accounting for 0.228% of the total share capital[27] Research and Development - Research and development expenses increased by 36.58% to ¥16,052,626.05 from ¥11,753,494.06 year-on-year, indicating a focus on innovation[14] Tax and Refunds - The company experienced a 58.21% decrease in tax refunds received, amounting to ¥2,231,775.40 compared to ¥5,340,596.41 in the same period last year[15] Financing Activities - The company’s cash flow from financing activities increased significantly, with cash received from borrowings rising by 111.80% to ¥172,830,000.00 from ¥81,600,000.00 year-on-year[15] - The company is actively pursuing asset acquisition and fundraising activities, as indicated by the announcements made in February and March 2022[29] Other Information - The actual controllers of the company changed after the expiration of the concerted action agreement on January 8, 2022, with Dai Jun remaining as the actual controller[23] - The company has no shareholders participating in margin trading as of the latest report[21] - The company has not disclosed any other shareholder relationships or agreements beyond the known concerted action agreement[21]