Financial Performance - The company's revenue for Q3 2021 reached ¥200,667,601.06, representing a 40.80% increase year-over-year, while total revenue for the year-to-date was ¥587,035,668.20, up 46.55% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2021 was ¥28,781,848.43, an 18.89% increase year-over-year, with a year-to-date net profit of ¥103,777,849.87, reflecting a 47.96% increase[3]. - Total operating revenue for the current period reached ¥587,035,668.20, a significant increase of 46.6% compared to ¥400,557,003.06 in the previous period[18]. - Operating profit for the current period was ¥111,996,360.20, representing a 42.0% increase from ¥78,873,359.16 in the previous period[19]. - Net profit attributable to the parent company was ¥103,777,849.87, an increase of 47.8% compared to ¥70,138,298.97 in the previous period[20]. - Basic and diluted earnings per share were both ¥1.03, up from ¥0.93 in the previous period[20]. Research and Development - The company reported a significant increase in R&D expenses, totaling ¥29,012,535.12 for the quarter, which is a 63.54% increase compared to the previous year, indicating a focus on innovation[8]. - Research and development expenses were ¥29,012,535.12, up from ¥17,739,861.78, indicating a focus on innovation and technology development[19]. Cash Flow and Liquidity - Cash flow from operating activities showed a net cash inflow of ¥2,594,761.59, a drastic decline of 94.85% compared to the previous year, primarily due to increased material purchases and employee salary payments[8]. - Cash flow from operating activities generated a net amount of ¥2,594,761.59, a decrease from ¥50,399,462.40 in the previous period[23]. - Cash flow from investing activities resulted in a net outflow of ¥299,046,753.01, compared to a net outflow of ¥57,096,865.69 in the previous period[24]. - Cash and cash equivalents at the end of the period totaled ¥339,213,642.82, down from ¥37,774,748.13 at the end of the previous period[24]. - The company's cash and cash equivalents decreased to CNY 339,213,642.82 from CNY 683,274,283.65, representing a decline of approximately 50.3%[14][15]. Assets and Liabilities - Total assets at the end of Q3 2021 were ¥1,473,801,971.41, a 3.50% increase from the end of the previous year[3]. - The company's inventory increased by 53.49% to ¥143,828,281.13, attributed to a rise in orders and corresponding materials[7]. - Accounts receivable increased to CNY 267,931,310.59, up from CNY 191,100,546.11, indicating a growth of about 40.2%[14][15]. - The total current liabilities decreased to CNY 240,577,916.05 from CNY 292,884,265.87, reflecting a reduction of approximately 17.9%[15][16]. - The company's total equity increased to CNY 1,232,707,388.56 from CNY 1,130,055,458.20, marking an increase of about 9.1%[16]. - The long-term assets totaled CNY 396,543,359.94, up from CNY 319,773,175.28, indicating an increase of approximately 24%[15][16]. - The company's short-term borrowings decreased significantly to CNY 25,000,000.00 from CNY 67,960,054.64, a reduction of about 63.3%[15][16]. - The retained earnings increased to CNY 354,791,969.18 from CNY 251,014,119.31, reflecting a growth of approximately 41.2%[16]. Operating Costs and Profitability - The company's gross profit margin was impacted by a 47.62% increase in operating costs, which totaled ¥382,665,127.41 for the year-to-date[8]. - Total operating costs amounted to ¥461,424,181.48, up from ¥319,356,990.08, reflecting a 44.4% increase[18]. - The weighted average return on equity decreased to 2.36%, down 60.14% year-over-year, indicating potential challenges in profitability[3]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,145, indicating a stable shareholder base[10]. Government Subsidies - The company received government subsidies amounting to ¥199,129.99 during the quarter, contributing to its non-operating income[5]. Reporting and Standards - The third quarter report of Shenzhen Huichuangda Technology Co., Ltd. has not been audited[25]. - The company implemented new leasing standards starting in 2021, but there were no adjustments to prior comparative data[25]. - The financial statements for the first year of implementing the new leasing standards were not applicable for adjustments[25]. - The board of directors announced the third quarter report on October 28, 2021[25]. - There are no significant changes in financial reporting due to the new leasing standards[25]. - The company did not provide any performance summary or future outlook in the document[25]. - No new products or technologies were mentioned in the report[25]. - There were no market expansion or acquisition strategies discussed[25]. - The report does not include any user data or performance guidance[25]. - The company has not disclosed any new strategies in the document[25].

Corporate Governance and Management - The board of directors and management guarantee the accuracy and completeness of the financial report[4]. - All directors attended the board meeting to review the report[5]. - The report outlines the governance structure, including the roles of the board of directors and supervisory board[8]. - The company emphasizes investor relations management by adhering to regulations and establishing a management system to enhance investor awareness[91]. - The company has made efforts to improve its corporate governance structure by revising various internal regulations and enhancing the internal control system[89]. - The company has not reported any significant litigation or arbitration matters during the reporting period[100]. - The half-year financial report was not audited, indicating a lack of external validation for the financial data presented[97]. - The company has no major related party transactions or guarantees during the reporting period[101][112]. Financial Performance - The company's revenue for the first half of 2021 reached ¥386,368,067.14, representing a 49.73% increase compared to ¥258,037,335.05 in the same period last year[23]. - Net profit attributable to shareholders was ¥74,996,001.44, up 63.29% from ¥45,929,209.84 year-on-year[23]. - The net profit after deducting non-recurring gains and losses was ¥69,152,004.83, reflecting a 55.72% increase from ¥44,406,518.75 in the previous year[23]. - The company's total assets at the end of the reporting period were ¥1,454,757,747.70, a 2.16% increase from ¥1,423,936,390.84 at the end of the previous year[23]. - The net assets attributable to shareholders increased by 6.64% to ¥1,205,122,784.85 from ¥1,130,055,458.20 at the end of the previous year[23]. - The basic earnings per share rose to ¥0.74, a 21.31% increase from ¥0.61 in the same period last year[23]. - The company reported a negative net cash flow from operating activities of ¥19,334,841.86, a decline of 144.06% compared to a positive cash flow of ¥43,883,868.45 in the previous year[23]. - The company reported a significant increase in financial income, with financial expenses decreasing by 303.14% to -¥2,397,893.60, due to increased interest income from higher cash reserves[51]. - The total profit for the first half of 2021 was ¥81,867,682.07, an increase of 63.1% compared to ¥50,217,949.52 in the same period of 2020[150]. Operational Highlights - The company continues to focus on the research, design, production, and sales of light guide structure components and precision key switch components, with no significant changes in its main business and products during the reporting period[29]. - The company has introduced new products such as micro waterproof tact switches and light guide films, catering to various applications including smart speakers and smartphones[29]. - The company has established a stable procurement relationship with suppliers, ensuring production stability and effective cost control[33]. - The company has expanded its production capacity and introduced new products through its wholly-owned subsidiary, enhancing its capabilities in the smart home industry[40]. - The company has adopted a "production based on sales" model, customizing production according to client orders[34]. - The company is actively exploring new application channels for its tactile switch products, including entry into the automotive supply chain[39]. - The company has successfully expanded its application of optical microstructure guiding components and metal film switches, establishing a technological advantage in new application areas[50]. Market and Competitive Landscape - The global laptop market shipped 236 million units in 2020, a 26% year-over-year increase, and is projected to grow to 258 million units in 2021, representing a 9% growth[42]. - The global smartphone market is expected to grow to 1.34 billion units in 2021, with a growth rate of 4.4%, leading to a projected demand for 4.02 billion units of ultra-small waterproof tactile switches[45]. - The global demand for wearable devices is projected to reach 765 million units by 2024, with a compound annual growth rate of 11%[45]. - The company’s main competitors in the optical structure components market include companies from Taiwan and Japan, which currently dominate the market share[42]. - The company's products are primarily used in laptop keyboards, with an average of three switches required per smartphone, indicating a strong market demand[45]. Research and Development - The company has applied for 17 new patents and received 22 patents in the first half of 2021, bringing the total number of valid patents to 121, including 105 utility model patents and 11 invention patents[46]. - The company is focusing on developing flexible pressure sensors and tactile button technologies for applications in medical, industrial, and consumer electronics sectors[47]. - The company aims to enhance its research and development capabilities to drive future growth[170]. Financial Management and Investments - The company has implemented corrective measures to improve the management of raised funds following a misallocation incident[62]. - The company reported a total of 27,000,000 CNY in entrusted financial management, with no overdue amounts or impairment provisions[65]. - The company has not engaged in derivative investments or entrusted loans during the reporting period[66][67]. - The company has not reported any changes in the use of raised funds during the reporting period[63]. - The company allocated ¥6,123.61 million to the construction of the production base and ¥52.50 million to the R&D center during the reporting period[59]. Environmental and Social Responsibility - The company emphasizes the protection of employee rights, with a labor union and employee representative assembly in place to address significant issues affecting employees[90]. - The company has established environmental protection measures, including a waste gas treatment facility with a capacity of 26,884 standard cubic meters per hour[85]. - The company and its subsidiaries are not classified as key pollutant discharge units and did not receive any administrative penalties for environmental issues during the reporting period[82]. - The company is committed to maximizing social responsibility while pursuing economic benefits, aiming for sustainable development[91]. Shareholder Information - The total number of shares before the recent change was 100,906,663, with a reduction of 1,301,498 shares due to the lifting of restrictions on previously issued shares[121]. - The largest shareholder, Li Ming, holds 36.43% of the shares, totaling 36,760,457 shares[126]. - The second-largest shareholder, Shenzhen Zhonghe Tong Investment Consulting Enterprise, holds 19.49% of the shares, totaling 19,666,087 shares[126]. - The total number of common shareholders at the end of the reporting period was 15,920[126]. Future Outlook - The company has plans for market expansion and new product development in the upcoming quarters[170]. - The company aims to enhance its research and development capabilities to drive future growth[170].

Financial Performance - The company's revenue for Q1 2021 was ¥161,735,222.99, representing a 103.02% increase compared to ¥79,663,650.82 in the same period last year[7] - Net profit attributable to shareholders was ¥24,501,060.49, an increase of 87.83% from ¥13,044,246.93 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥19,985,836.12, up 61.65% from ¥12,364,020.91 in the previous year[7] - The basic earnings per share increased by 41.18% to ¥0.240 from ¥0.170 in the same period last year[7] - The company achieved operating revenue of 161.74 million, a 103.02% increase compared to the same period last year[15] - The net profit attributable to the parent company was 24.50 million, reflecting an 87.83% growth year-over-year[15] - Operating profit for the current period was ¥24,375,040.36, compared to ¥13,746,852.61 in the previous period, reflecting an increase of approximately 77.5%[42] - Net profit for the current period was ¥24,501,060.49, up from ¥13,044,246.93, marking a growth of around 88.0%[42] - Comprehensive income for the current period totaled ¥24,203,780.55, compared to ¥13,015,630.10 in the previous period, reflecting an increase of around 86.0%[43] Cash Flow - The net cash flow from operating activities was negative at -¥22,188,711.79, a decline of 158.34% compared to ¥38,033,144.00 in the same period last year[7] - Cash flow from operating activities was -22.19 million, a decrease of 158% due to reduced receivables recovery and increased raw material inventory[14] - The cash flow from investment activities was -305,634,283.71, significantly higher than -19,335,039.11 in the previous period, indicating increased investment expenditures[50] - The cash flow from operating activities showed a net outflow of -19,062,242.92, contrasting with a net inflow of 20,028,002.06 in the previous period, highlighting operational challenges[53] - The company reported a cash flow from financing activities of -43,463,651.38, compared to a positive cash flow of 9,880,961.12 in the previous period, indicating a shift in financing strategy[51] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,387,093,345.56, a decrease of 2.59% from ¥1,423,936,390.84 at the end of the previous year[7] - The net assets attributable to shareholders increased by 2.14% to ¥1,154,259,238.75 from ¥1,130,055,458.20 at the end of the previous year[7] - Total liabilities decreased to CNY 232,834,106.81 from CNY 293,880,932.64, a reduction of 20.77%[34] - The company's total equity increased to CNY 1,154,259,238.75 from CNY 1,130,055,458.20, reflecting a growth of 2.14%[35] Investments and Projects - The company has invested 72,432,626.05 RMB of its own funds in fundraising projects, including 69,099,937.40 RMB for the production base and 3,332,688.65 RMB for the R&D center[24] - The construction progress of the production base project is at 28.71%, with a total investment commitment of 40,679.33 million RMB[23] - The R&D center project has a progress rate of 6.52%, with a total investment commitment of 5,110.70 million RMB[23] Risks and Challenges - The company faces risks from changes in downstream market demand, which could impact its performance[16] - There is a risk of supply shortages from key component suppliers affecting order demand[17] - The company is experiencing increased competition in the optical microstructure and backlight fields, necessitating continuous innovation[18] - The concentration of sales to the top five customers poses a risk to the company's revenue stability[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,434[10] - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[21] - There are no violations of external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[27][26]

Financial Performance - The company's operating revenue for 2020 was ¥608,699,349.21, representing a 49.59% increase compared to ¥406,902,255.81 in 2019[18]. - The net profit attributable to shareholders for 2020 was ¥94,628,855.58, an 18.95% increase from ¥79,554,398.27 in 2019[18]. - The net cash flow from operating activities reached ¥106,522,454.24, a significant increase of 1,100.12% compared to ¥8,875,987.44 in 2019[18]. - The total assets at the end of 2020 amounted to ¥1,423,936,390.84, reflecting a 161.57% increase from ¥544,370,908.95 at the end of 2019[18]. - The basic earnings per share for 2020 was ¥1.22, up 16.19% from ¥1.05 in 2019[18]. - The company achieved quarterly revenues of ¥208,142,346.15 in Q4 2020, marking a strong finish to the year[20]. - The total net assets attributable to shareholders increased by 228.36% to ¥1,130,055,458.20 at the end of 2020 from ¥344,152,065.90 at the end of 2019[18]. - The company achieved total revenue of 609 million yuan, a year-on-year increase of 49.59%[47]. - Operating profit reached 115 million yuan, up 31.33% compared to the previous year[47]. - The light guide component business saw significant growth, with sales revenue of 492 million yuan, a 51% increase[47]. Risk Management - The company has detailed potential risks in the section "Outlook for Future Development" of the report, urging investors to be cautious[4]. - The company faces risks from fluctuations in downstream market demand, which could impact its performance if not aligned with electronic product applications[89]. - There is a risk of supply shortages from key component suppliers, which could affect order demand and production schedules[89]. - The company is exposed to exchange rate risks due to its export business primarily being settled in USD, which could impact profits[92]. Governance and Compliance - All board members attended the meeting to review the report, indicating full governance participation[4]. - The financial report ensures the authenticity, accuracy, and completeness of the data presented, with the responsible parties bearing legal liability[3]. - The company has committed to adhering to relevant laws and regulations regarding profit distribution[100]. - The company will strictly adhere to all public commitments made during the IPO process, ensuring transparency and accountability[112]. Research and Development - The company emphasizes the importance of quality management and environmental standards, adhering to ISO9001 and ISO14001 certifications[9]. - The company reported a total of 40,844,952 shares held by key executives, with no changes in shareholding during the reporting period[175]. - The company applied for 19 new patents and was granted 23 patents during the reporting period, totaling 98 valid patents by the end of 2020[49]. - The company’s research and development capabilities are supported by a well-structured technical team, enhancing its competitive edge in optical microstructure design and automated manufacturing processes[41]. Shareholder Returns - The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves[5]. - The company plans to not distribute cash dividends for the fiscal year 2020, with retained earnings carried over to the next year[97]. - The cash dividend amount for 2020 is CNY 0.00, representing 0.00% of the net profit attributable to shareholders[100]. - The company emphasizes the need for retained earnings to support future business expansion and operational stability[100]. Market and Product Strategy - The company aims to strengthen its market share in backlight modules through continuous improvement in product quality and production efficiency[34]. - The company is focusing on developing high-transmittance, lightweight, and low-energy-consuming guiding products using micro-nano hot pressing technology[85]. - The company plans to expand the application of its products to LCD display devices, LED lighting equipment, and automotive electronics[85]. - The company is actively pursuing market expansion and product innovation to enhance competitiveness and profitability[46]. Employee and Management Structure - The total number of employees is 1,312, with 404 in the parent company and 908 in major subsidiaries[192]. - The company has established a comprehensive training system to enhance management and technical staff capabilities, aiming to improve core competitiveness[194]. - The company’s management team remains stable, with no new appointments or departures reported[175]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 3.36 million[190]. Financial Reporting and Audit - The audit firm Daxin Certified Public Accountants has been engaged for 4 consecutive years, with an audit fee of ¥550,000 for the current period[120]. - The company did not experience any changes in the scope of consolidated financial statements compared to the previous year[119]. - The company confirmed that there were no instances of facing delisting risks following the annual report disclosure[122]. - The company reported no significant litigation or arbitration matters during the reporting period[123].