Financial Performance - The company's operating revenue for 2021 was ¥2,571,948,034.70, representing a 23.45% increase compared to ¥2,083,473,150.73 in 2020[17]. - The net profit attributable to shareholders decreased by 42.72% to ¥111,089,551.62 in 2021 from ¥193,954,383.54 in 2020[17]. - The net profit after deducting non-recurring gains and losses was ¥82,350,728.00, down 54.12% from ¥179,478,660.65 in the previous year[17]. - The basic earnings per share fell by 52.17% to ¥1.10 in 2021, compared to ¥2.30 in 2020[17]. - The total assets increased by 49.46% to ¥3,674,255,685.07 at the end of 2021, up from ¥2,458,425,731.97 at the end of 2020[17]. - The net assets attributable to shareholders rose by 4.99% to ¥1,573,898,616.46 at the end of 2021, compared to ¥1,499,029,712.61 at the end of 2020[17]. - The net cash flow from operating activities was ¥161,952,333.15, a decrease of 17.24% from ¥195,685,848.89 in 2020[17]. - The weighted average return on equity was 7.25% in 2021, down from 23.02% in 2020, reflecting a decline of 15.77%[17]. Revenue Breakdown - In 2021, the company's total revenue for the four quarters was approximately CNY 2.57 billion, with the highest revenue in Q4 at CNY 722.90 million[19]. - The net profit attributable to shareholders for the year was CNY 111.09 million, with a significant drop in Q4 to CNY 6.53 million[19]. - Revenue from the computer, communication, and other electronic equipment manufacturing industry accounted for 99.70% of total revenue, with a year-on-year growth of 23.50%[69]. - The sales of power adapters generated ¥1,804,541,102.01, making up 70.16% of total revenue, with a growth of 15.47% from the previous year[69]. - Domestic sales amounted to ¥1,015,569,000.69, reflecting a 30.52% increase year-on-year, while overseas sales were ¥1,556,379,034.01, up by 19.23%[72]. Market and Industry Insights - The company operates in the power supply industry, which saw a market value of CNY 328.8 billion in 2020, growing by 21.91% year-on-year[27]. - The demand for switch power supplies in the industrial sector accounted for 53.94% of the market, while consumer electronics represented 33.05%[28]. - The global data center infrastructure market is expected to grow significantly, with a forecasted market size of USD 10.76 billion in China by 2024[29]. - The company aims to enhance its brand influence and product quality to meet the growing demand in various sectors, including data centers and smart home devices[27][31]. Research and Development - The company’s R&D expenses amounted to 132 million CNY, with an R&D expense ratio of 5.12%, an increase of 1.81 percentage points year-on-year[42]. - Continuous investment in R&D is prioritized to enhance technological capabilities and maintain industry leadership, with a focus on high-end products and cutting-edge technologies[123]. - The number of R&D personnel increased by 24.87% to 472, with a significant rise in master's degree holders from 1 to 34[85]. - The company is developing a multi-port output HUB power source using third-generation semiconductor technology to meet fast-charging demands[82]. Operational Challenges - The company is facing cost pressures due to rising prices of raw materials like copper and aluminum, as well as chip supply shortages[28]. - The gross profit for 2021 was 402 million CNY, a decrease of 10.71%, resulting in a gross margin of 15.61%, down 5.98 percentage points due to rising raw material costs and exchange rate fluctuations[41]. - The company acknowledges risks related to investment projects not meeting expected benefits due to market changes or unforeseen factors, and plans to mitigate these risks through deep cooperation with key clients[122]. Governance and Compliance - The company has established a governance structure that includes a board of directors, supervisory board, and management team, ensuring compliance with relevant laws and regulations[128]. - The company emphasizes the importance of maintaining a high level of transparency and equal rights for all shareholders during shareholder meetings[128]. - The company has a clear action plan for 2022, focusing on long-term development goals and detailed strategies for each business line[122]. - The company actively engaged with independent directors to monitor operational and financial conditions, ensuring effective governance[159]. Employee and Social Responsibility - The total number of employees at the end of the reporting period was 4,051, with 1,622 in the parent company and 2,429 in major subsidiaries[163]. - The company has implemented a performance evaluation system and a complete salary management system to support employee development[189]. - The company actively fulfilled its social responsibilities, including a donation of 1 million yuan to the China Charity Federation for charitable projects in Hubei Province[190]. - The company has focused on employee safety and health, adhering to the "Safety First" principle in its operations[189]. Future Outlook and Strategic Plans - The company has set a revenue guidance of 1.8 billion RMB for 2022, projecting a growth rate of 20%[140]. - New product launches are expected to contribute an additional 300 million RMB in revenue in 2022[141]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[196]. - A strategic acquisition was announced, with the company acquiring a local tech firm for 200 million RMB to enhance its product offerings and technological capabilities[196].

Financial Performance - Revenue for Q3 2021 reached ¥636,033,270.11, an increase of 7.87% compared to the same period last year[3] - Net profit attributable to shareholders decreased by 37.36% to ¥33,225,159.64 in Q3 2021[3] - Basic and diluted earnings per share fell by 47.81% to ¥0.3283[3] - The net profit for Q3 2021 was CNY 104,143,405.30, a decrease of 21.4% compared to CNY 132,517,775.91 in Q3 2020[26] - Operating profit for the quarter was CNY 119,018,614.07, down from CNY 148,362,633.46 in the same period last year, reflecting a decline of 19.8%[26] - Total revenue from operating activities reached CNY 1,914,661,250.15, an increase of 53.5% compared to CNY 1,246,636,666.56 in Q3 2020[29] - The company reported a total comprehensive income of CNY 105,112,414.75, compared to CNY 131,745,458.47 in Q3 2020, indicating a decrease of 20.3%[27] - Basic and diluted earnings per share were both CNY 1.0332, down from CNY 1.6836 in the same quarter last year, a decline of 38.6%[27] Assets and Liabilities - Total assets increased by 17.12% to ¥2,879,416,031.43 compared to the end of the previous year[3] - As of September 30, 2021, total assets amounted to CNY 2.879 billion, an increase from CNY 2.458 billion at the end of 2020[22][25] - The company reported a total liability of CNY 1.309 billion, compared to CNY 959.40 million, indicating a rise of approximately 36.4%[24] Cash Flow and Investments - Cash flow from operating activities decreased by 45.45% to ¥65,908,150.83 year-to-date[11] - The cash flow from operating activities was CNY 65,908,150.83, down 45.5% from CNY 120,831,051.61 in the previous year[30] - The company experienced a net cash outflow from investing activities of CNY 199,202,349.50, compared to an outflow of CNY 80,622,912.05 in the previous year[30] - The net cash inflow from financing activities was CNY 136,987,968.94, significantly lower than CNY 839,363,336.04 in Q3 2020[31] Inventory and Borrowings - Inventory increased by 106.57% year-to-date, driven by higher sales volume and strategic stockpiling of raw materials[9] - Inventory levels rose significantly to CNY 564.84 million, compared to CNY 273.43 million, indicating an increase of about 106.5%[23] - Short-term borrowings rose by 906.40% compared to the beginning of the year, indicating increased bank loans[9] - Short-term borrowings surged to CNY 196.74 million from CNY 19.55 million, marking an increase of approximately 906.5%[24] Research and Development - Research and development expenses grew by 85.63% year-on-year, reflecting increased investment for future development[10] Shareholder Information - The largest shareholder, Shenzhen Genuoli Information Consulting Co., holds 28.89% of the company's shares, totaling 29,234,023 shares[15] - The second-largest shareholder, Tibet Tongchuang Weiye Venture Capital Co., holds 4.20% of the shares, totaling 4,254,000 shares[15] - The company has a total of 75,900,000 restricted shares, with 13,796,723 shares released during the reporting period[17] - The company has 3.59% of its shares held by Shenzhen Tongju Information Technology Consulting Partnership, totaling 3,635,231 shares[15] - The company reported a significant increase in shareholder engagement, with multiple funds and individuals holding substantial stakes[15] - The company is committed to transparency and has disclosed all relevant information regarding shareholder relationships and actions taken[15] Strategic Plans - The company plans to participate in a joint bid for a land parcel in Bao'an District, with an estimated total investment of approximately RMB 300 million[18] - The company won the land use rights for the parcel at a bid price of RMB 85.9 million, with its share of the payment amounting to RMB 26.87 million[18] - The company’s board of directors has authorized the chairman to handle all necessary procedures related to the land acquisition[18] - The company plans to change the use of part of the raised funds, reallocating CNY 250 million (29.44% of total raised funds) to the new project "Dongguan Oulutong Information Equipment Manufacturing Center"[19] - The company approved the purchase of a property in Shenzhen with a total transaction amount of CNY 500 million for R&D needs, covering an area of 23,321.87 square meters[20]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately CNY 1.21 billion, representing a 46.59% increase compared to the same period last year[20]. - The net profit attributable to shareholders of the listed company decreased by 10.24% to approximately CNY 71.34 million compared to the previous year[20]. - The net profit after deducting non-recurring gains and losses fell by 24.52% to approximately CNY 57.90 million[20]. - The net cash flow from operating activities was approximately CNY 62.72 million, down 21.58% from the previous year[20]. - The basic and diluted earnings per share decreased by 33.33% to CNY 0.70[20]. - The gross profit for the first half of 2021 reached 199 million CNY, with a gross margin of 16.45%, down 4.55 percentage points year-on-year due to rising raw material costs and exchange rate fluctuations[29]. - The company’s basic earnings per share for the first half of 2021 was 0.70 CNY, a decline of 33.33% year-on-year[29]. - The company reported a total comprehensive income of CNY 69,569,232.51, compared to CNY 80,603,680.93 in the previous year, marking a decline of 13.7%[189]. - The company's total liabilities reached CNY 1,044,785,026.84, compared to CNY 913,237,565.48 in the previous year, indicating a growth of 14.4%[185]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 2.60 billion, an increase of 5.79% from the end of the previous year[20]. - The total liabilities of the company were CNY 1,065,684,968.25, up from CNY 959,396,019.36 at the end of 2020, marking an increase of around 11.1%[180]. - The company's cash and cash equivalents decreased to CNY 403,717,028.56 from CNY 458,384,938.88 at the end of 2020, a decline of about 11.9%[178]. - The inventory level rose to CNY 441,739,277.35, up 5.86% from the previous year, attributed to increased sales scale and strategic stockpiling of raw materials[68]. - The company's non-current assets totaled CNY 464,156,680.20, up from CNY 343,640,363.14 at the end of 2020, indicating a growth of approximately 35.0%[179]. Research and Development - R&D expenses in the first half of 2021 amounted to 51.36 million yuan, a year-on-year increase of 85.49%, with an R&D expense ratio of 4.23%[50]. - The company plans to continue enhancing its R&D capabilities to drive long-term growth amidst rising material costs and supply chain pressures[28]. - Research and development investment surged by 85.49% to ¥51,357,567.41, reflecting the company's strategic focus on future development needs[61]. - The company holds 104 patents, including 5 invention patents and 70 utility model patents, reflecting its strong innovation capabilities[50]. Market and Business Expansion - The power adapter business generated revenue of 886 million CNY, up 33.64% year-on-year, with a gross profit of 142 million CNY[35]. - The revenue from the security monitoring power adapter segment increased by 96.48% year-on-year, reflecting strong market demand[37]. - The IDC industry is expected to see rapid growth, with significant demand for servers and related equipment, which will benefit the company’s server power supply segment[38]. - The company aims to leverage its technological advancements and brand reputation to capture a larger market share in the power supply sector[37]. - The company is actively expanding its production capacity and investing in new facilities, leading to increased depreciation and amortization expenses[29]. Risks and Challenges - The management highlighted potential risks and countermeasures in the future operations section of the report[5]. - The company faces market risks due to the broad application of switch power supply products and potential fluctuations in downstream market demand, which may lead to reduced orders[100]. - The company is exposed to risks from price fluctuations of key raw materials, which constitute a significant portion of its main business costs[101]. - The ongoing uncertainty from the COVID-19 pandemic may impact the macroeconomic environment and the company's overseas business development, which the company will continue to monitor[105]. Shareholder Information - The total number of shares before the recent change was 101,200,000, with a decrease of 1,304,801 shares, resulting in a new total of 75,900,000 limited shares[156]. - The company’s limited shares accounted for 75.00% of the total shares after the recent change, down from 76.29%[156]. - The actual controllers of the company are Wang Heqiu, Wang Yulin, Wang Yuetian, Shang Yunsi, and Wang Yuetian, collectively controlling 28.89% of shares[163]. - The company has a total of 12,000 common shareholders at the end of the reporting period[161]. Investment Activities - The total amount of funds raised is RMB 849,089,824.37 after deducting issuance costs[84]. - The company has made a significant equity investment of ¥20,000,000.00 in a new subsidiary, which is expected to enhance its market position[77]. - The company plans to invest 250 million yuan in the Dongguan Oulu Electronics Manufacturing Center project, reallocating funds from the Ganzhou power adapter expansion project[91]. - The company has completed the replacement of self-raised funds with raised funds for investment projects as of June 30, 2021[88].

深圳欧陆通电子股份有限公司 2021 年第一季度报告全文 深圳欧陆通电子股份有限公司 2021 年第一季度报告 2 深圳欧陆通电子股份有限公司 2021 年第一季度报告全文 2021 年 04 月 第二节 公司基本情况 1 一、主要会计数据和财务指标 深圳欧陆通电子股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人王合球、主管会计工作负责人孙春平及会计机构负责人(会计主 管人员)张淑媛声明：保证季度报告中财务报表的真实、准确、完整。 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 511,494,485.22 | 308,404,349.68 | 65.85% | | 归属于上市公司股东的净利润（元） | 34,026,415.70 | 27,539,954.49 | 23.55% | ...

Financial Performance - The company's operating revenue for 2020 was CNY 2,083,473,150.73, representing a 58.73% increase compared to CNY 1,312,580,032.54 in 2019[16]. - The net profit attributable to shareholders for 2020 was CNY 193,954,383.54, a 72.48% increase from CNY 112,451,390.28 in 2019[16]. - The net cash flow from operating activities reached CNY 195,685,848.89, marking a significant increase of 113.82% compared to CNY 91,520,937.52 in the previous year[16]. - The basic earnings per share for 2020 was CNY 2.30, up 55.41% from CNY 1.48 in 2019[16]. - Total assets at the end of 2020 amounted to CNY 2,458,425,731.97, a 141.77% increase from CNY 1,016,843,495.79 at the end of 2019[16]. - The net assets attributable to shareholders increased by 224.15% to CNY 1,499,029,712.61 from CNY 462,448,466.92 in 2019[16]. - The company reported a weighted average return on equity of 23.02% for 2020, down from 27.72% in 2019[16]. - The net profit after deducting non-recurring gains and losses was CNY 179,478,660.65, which is a 68.16% increase from CNY 106,732,518.98 in 2019[16]. - The company achieved total revenue of CNY 2,083,473,150.73 in 2020, representing a year-on-year growth of 58.73%[26]. - The operating profit for 2020 was CNY 219,212,744.68, reflecting a growth of 73.79% compared to the prior year[26]. Research and Development - Research and development expenses for the year amounted to CNY 68,910,600, with a significant increase in R&D personnel by 80.86% to 378[29]. - The company holds 96 patents and 50 software copyrights, showcasing its commitment to innovation and technology[29]. - R&D investment amounted to 69.1 million yuan, accounting for 3.31% of revenue, with a year-on-year increase of 32.57%[40]. - Research and development investment was CNY 68.91 million, an increase of 32.57% year-on-year, accounting for 3.31% of total revenue, with 96 patents obtained by the end of the reporting period[44]. - The company is committed to increasing R&D investment to solidify its technological advantages and explore innovations in power electronics and fast charging technologies for new energy equipment[98]. Market Expansion and Strategy - The company has established a production base in Vietnam and a research and sales branch in Taiwan, expanding its global market presence[29]. - The company plans to further expand into high-potential sectors such as healthcare, new energy, automotive electronics, and biometric recognition[30]. - The company plans to actively expand into niche markets such as data centers, power battery equipment, new energy, and robotics, enhancing collaboration with domestic and international clients[98]. - The company has accelerated digitalization and information technology construction to optimize various functional departments and improve operational efficiency[44]. - The company has outlined its future development strategy and operational goals, emphasizing the importance of market conditions and potential risks[5]. Financial Management and Investments - The company received government subsidies amounting to CNY 13,323,546.60, contributing positively to its financial performance[21]. - The company reported a net cash flow from operating activities of CNY 74,854,797.28, indicating strong cash generation capabilities[19]. - The total amount of funds raised in 2020 was RMB 931,293,000, with a net amount of RMB 849,089,824 after deducting issuance costs[84]. - The company has a cash management balance of RMB 579,000,000 from idle raised funds[85]. - The company reported a total of RMB 61,429,186.25 in investments across various projects, with a total actual investment of RMB 66,396,800[79]. Customer Concentration and Risks - The top five customers contributed CNY 1.16 billion in sales, representing 55.48% of the total annual sales, indicating a high customer concentration risk[57]. - The company faces market risks due to potential fluctuations in demand from downstream industries, which could impact order volumes and market share[100]. - The company is exposed to risks from fluctuations in the prices of key raw materials, which could affect sales costs and gross margins[101]. - The company reported accounts receivable of 690.69 million yuan, representing 32.66% of current assets, highlighting potential risks related to bad debts as the business scales[102]. Dividend Policy - The company plans to distribute a cash dividend of CNY 3.3 per 10 shares, totaling CNY 33,996,000.00 based on 101,200,000 shares[5]. - The cash dividend represents 17.22% of the net profit attributable to ordinary shareholders for the year 2020, which was 193,954,383.54 yuan[116]. - The company did not distribute any dividends in 2018 and 2019, opting to retain profits for future growth[114]. - The company has maintained its cash dividend policy without any adjustments during the reporting period[108]. - The independent directors confirmed that the profit distribution plan does not harm the rights of shareholders, especially minority investors[111]. Shareholder Commitments and Regulations - The company reported a lock-up period of 36 months for shares after the IPO, during which no shares can be transferred or managed by others[124]. - The company will ensure that any share transfers by directors or senior management do not exceed 25% of their total holdings annually during their tenure[119]. - The company has established a commitment to not repurchase shares during the lock-up period[120]. - The company will adjust the issuance price or closing price in case of cash dividends, stock bonuses, or other capital increases[123]. - The company will actively cooperate with public announcements and information disclosure work related to share reductions[129]. Environmental and Social Responsibility - The company has passed the ISO 14001:2015 certification for its environmental management system, indicating compliance with environmental protection requirements[187]. - There were no significant environmental pollution issues reported, as the company does not engage in high-pollution activities[187]. - The company has not initiated any targeted poverty alleviation work nor has it planned any for the future[185].

Financial Performance - Operating revenue for the period reached ¥589,616,166.76, a 59.58% increase year-on-year[8] - Net profit attributable to shareholders was ¥53,044,138.11, up 16.51% compared to the same period last year[8] - Basic earnings per share rose by 4.85% to ¥0.6290[8] - Total operating revenue for Q3 2020 was CNY 589,616,166.76, an increase of 59.6% compared to CNY 369,483,632.25 in the same period last year[36] - Net profit for Q3 2020 reached CNY 53,044,138.11, representing a 16.5% increase from CNY 45,529,421.19 in Q3 2019[38] - The total profit for the third quarter was CNY 39,467,259.49, compared to CNY 45,268,405.60 in the same period last year, reflecting a decrease of 12.5%[42] - The company's total profit for the quarter was ¥92,940,481.08, an increase of 17% from ¥79,023,544.60 in the previous year[49] Asset and Equity Growth - Total assets increased by 118.43% to ¥2,221,091,517.15 compared to the end of the previous year[8] - Net assets attributable to shareholders increased by 212.10% to ¥1,443,283,749.76[8] - The company's equity attributable to shareholders reached CNY 1,443,283,749.76, a substantial increase from CNY 462,448,466.92, representing a growth of about 211.5%[32] - Total assets as of Q3 2020 amounted to CNY 2,107,447,667.02, significantly higher than CNY 978,884,587.27 at the end of Q3 2019[34] - The company's total equity reached CNY 1,375,152,578.61, up from CNY 442,889,313.36 year-over-year[34] Cash Flow and Liquidity - Net cash flow from operating activities increased by 82.99% to ¥40,847,047.21[8] - Cash and cash equivalents increased by 569.13% compared to the beginning of the year, primarily due to funds raised from the initial public offering[17] - The company's cash and cash equivalents surged to CNY 1,045,321,823.82 by September 30, 2020, compared to CNY 156,219,903.95 at the end of 2019, marking an increase of about 570.5%[29] - Cash inflow from operating activities totaled ¥1,246,636,666.56, compared to ¥876,229,593.98 in the previous year[54] - The net increase in cash and cash equivalents for the period was ¥747,489,090.42, compared to a decrease of ¥1,487,967.76 in the previous period[58] Liabilities and Financial Expenses - Total liabilities amounted to CNY 777,807,767.39, up from CNY 554,395,028.87, which is an increase of approximately 40.5%[31] - Short-term borrowings decreased by 32.60% compared to the beginning of the year, due to reduced bank borrowing[17] - Financial expenses surged by 225.76% year-on-year, attributed to a decline in the US dollar exchange rate[17] - The company reported a financial expense of CNY 15,221,032.80 in Q3 2020, compared to a financial income of CNY 8,982,436.31 in the same period last year[37] Shareholder Information - The company reported a total of 21,480 common shareholders at the end of the reporting period[12] - The top ten shareholders held a combined 75.00% of the company's shares, with the largest shareholder holding 28.89%[12] - The company did not engage in any repurchase transactions during the reporting period[13] Inventory and Receivables - Inventory rose by 64.27% compared to the beginning of the year, reflecting increased sales volume[17] - Accounts receivable rose to CNY 605,819,039.29, up from CNY 435,658,886.60, reflecting a growth of approximately 39% year-over-year[29] Research and Development - Research and development expenses for Q3 2020 were CNY 17,702,549.97, compared to CNY 12,580,879.32 in Q3 2019, reflecting a 40.5% increase[37] - Research and development expenses for the third quarter were CNY 45,390,028.38, an increase of 25.3% compared to CNY 36,258,074.95 in the same period last year[44] Future Outlook and Strategic Initiatives - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided content[28] - Future guidance and strategic initiatives were not explicitly mentioned, indicating a potential area for further clarification in upcoming communications[28]