编号：2022-001 证券代码：300913 证券简称：兆龙互连 浙江兆龙互连科技股份有限公司 2021 年度网上业绩说明会 投资者关系活动记录表 | --- | --- | --- | |----------------|-------------------------------------------------|------------------------------------------------------| | | | | | 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 □电话会议 | | | | □其他： | | | 参与单位名称及 | 兆龙互连 2021 | 年度网上业绩说明会采用网络远程方式进行， | | 人员姓名 | 面向全体投资者 | | | 时间 | 2022 年 5 月 9 日 15:00-17:00 | | | 地点 | 深圳证券交易所"互动易平台"（ | http://irm.cninfo.com.cn ） | | | "云访谈"栏目 | | ...

证券代码：300913 证券简称：兆龙互连 浙江兆龙互连科技股份有限公司 投资者关系活动记录表 编号：2022- 002 | --- | --- | --- | |-----------------|-----------------------------|----------------------------------------------------| | | | | | 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 | | | 参与单位名称 | 华创证券：韩东、李娜 | | | 及人员姓名 时间 | 2022 年 9 月 8 日 | 14:00-15:30 | | 地点 | 电话会议 | | | 上市公司接待 | | 董事长兼总经理姚金龙先生、副总经理姚云涛先生、副总 | | 人员姓名 | 经理兼董事会秘书姚云萍女士 | | | | | 首先由姚云萍女士向调研人员简要介绍公司概况、产 | | | | 品市场和公司未来发展的展望。然后现场姚金龙先生、姚 | ...

证券代码：300913 证券简称：兆龙互连 浙江兆龙互连科技股份有限公司 投资者关系活动记录表 编号：2022- 003 | --- | --- | --- | |-----------------|------------------------------|----------------------------------------------------| | | | | | 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 | | | 参与单位名称 | 中信建投证券：孟东晖 | | | 及人员姓名 时间 | 2022 年 9 月 23 日 | 14:00-16:00 | | 地点 | 公司会议室 | | | 上市公司接待 | | 董事长兼总经理姚金龙先生、副总经理姚云涛先生、副总 | | 人员姓名 | 经理兼董事会秘书姚云萍女士 | | | | | 首先由姚云涛先生向调研人员简要介绍公司概况、产 | | | | 品市场和公司未来发展的展望。然后现场姚金龙先生、 ...

证券代码：300913 证券简称：兆龙互连 浙江兆龙互连科技股份有限公司 投资者关系活动记录表 编号：2022- 004 | --- | --- | --- | |-----------------------|------------------------------|--------------------------------------------------------| | | | | | 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 | | | 参与单位名称 | 银河证券：王思宬 | | | 及人员姓名 | | | | 时间 | 2022 年 11 月 2 日 | 14:00-15:30 | | 地点 | 电话会议 | | | 上市公司接待 人员姓名 | | 副总经理姚云涛先生、副总经理兼董事会秘书姚云萍女士 | | | | 首先由姚云萍女士向调研人员简要介绍公司概况、产 | | | | 品市场和公司未来发展的展望。然后现场姚云涛先生、姚 | | 投 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥436,236,573.51, representing a 17.10% increase year-over-year, while the year-to-date revenue reached ¥1,259,965,666.60, up by 20.01% compared to the same period last year[6] - Net profit attributable to shareholders for Q3 2022 was ¥37,531,227.14, an increase of 81.96% year-over-year, with a year-to-date net profit of ¥100,814,581.03, reflecting a 64.93% growth[6] - The net profit after deducting non-recurring gains and losses for Q3 2022 was ¥38,146,761.25, up 86.04% year-over-year, while the year-to-date figure was ¥96,300,064.97, an increase of 80.07%[6] - The basic earnings per share for Q3 2022 was ¥0.2043, an increase of 81.92% compared to the same period last year, with diluted earnings per share also at ¥0.2043[6] - The total profit for the year-to-date period was ¥111,798,364.50, reflecting a 71.43% increase compared to the previous year[15] - The net profit for the current period is 100,814,581.03, an increase from 61,126,964.94 in the previous period, representing a growth of approximately 64.5%[42] - Operating profit for the current period is 112,326,918.72, compared to 65,263,658.62 in the previous period, indicating a growth of about 72.1%[42] - The total comprehensive income for the current period is 100,814,581.03, compared to 61,126,964.94 in the previous period, reflecting an increase of approximately 64.5%[42] Cash Flow and Assets - Cash flow from operating activities for the year-to-date period was ¥127,732,920.37, showing a significant increase of 216.17% compared to the previous year[6] - Operating cash flow increased to ¥127,732,920.37, a 216.17% increase compared to ¥40,400,229.03 in the same period last year, primarily due to cash received from sales of goods[18] - The company's total assets increased to ¥942,104,376.74, a rise of 10.26% compared to the previous year-end[9] - The cash and cash equivalents at the end of the reporting period were ¥220,739,669.21, a 44.37% increase from the previous year-end, attributed to increased revenue and improved collection[11] - The company's cash and cash equivalents as of September 30, 2022, were CNY 220,739,669.21, an increase from CNY 152,897,752.66 at the beginning of the year[30] - The company's inventory as of September 30, 2022, was CNY 213,659,620.21, down from CNY 237,673,713.44 at the beginning of the year[33] - The total liabilities of the company as of September 30, 2022, were CNY 237,165,895.64, a decrease from CNY 245,246,334.30 at the beginning of the year[36] - The company's equity attributable to shareholders increased to CNY 942,104,376.74 as of September 30, 2022, compared to CNY 854,457,166.55 at the beginning of the year[36] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,458, an increase from the previous period[19] - Zhejiang Zhaolong Holdings Co., Ltd. held 44.90% of shares, amounting to 82,500,000 shares, making it the largest shareholder[19] - The top ten shareholders collectively held significant stakes, with the largest individual shareholder, Yao Jinlong, owning 14.69% or 27,000,000 shares[19] - The company plans to release 45,937,500 shares from lock-up restrictions on December 7, 2023, due to equity distribution changes[24] - The total number of restricted shares at the beginning of the period was 91,875,000, with 45,937,500 shares expected to be released[27] - The company granted 2,250,000 shares of restricted stock to 91 incentive recipients at a price of CNY 7.64 per share as part of its 2022 restricted stock incentive plan[28] Investment and Development - The company successfully won a bid for a centralized procurement project with China Mobile for data cable products from 2022 to 2024, and the contract is currently being executed[29] - The company has invested CNY 9,663,000 in acquiring land for the construction of a smart manufacturing and logistics project for data cable connection components in Deqing County, Zhejiang Province[29] - The company is investing 100 million RMB in R&D for new product development, focusing on next-generation interconnect solutions[50] - The company is exploring strategic acquisitions to enhance its technology portfolio, with a budget of 200 million RMB allocated for potential deals[50] - New technology initiatives include the launch of a proprietary software platform aimed at improving customer engagement and service delivery[50] Market and Future Outlook - Future outlook includes continued focus on cash flow management and potential market expansion strategies[18] - Future outlook indicates a projected revenue growth of 10-15% for Q4 2022, driven by increased demand in the telecommunications sector[50] - Market expansion plans include entering two new international markets by Q2 2023, aiming for a 5% market share in each[50] - Overall, the management emphasized a commitment to sustainable growth and innovation as key drivers for future success[50] Operational Efficiency - The company achieved a net profit margin of 20%, reflecting strong operational efficiency and cost management[50] - User data showed a growth of 25% in active users, totaling 1.5 million by the end of Q3 2022[50] - The company reported a 30% increase in production capacity, enabling it to meet rising market demands more effectively[50]

Financial Performance - The company reported a revenue of 300 million RMB for the first half of 2022, representing a year-on-year increase of 15% compared to the same period in 2021[21]. - The net profit attributable to shareholders for the first half of 2022 was 50 million RMB, an increase of 20% year-on-year[21]. - The company expects to achieve a revenue target of 600 million RMB for the full year 2022, reflecting a growth rate of 18%[21]. - The company's operating revenue for the current period is ¥823,729,093.09, representing a 21.62% increase compared to ¥677,316,000.24 in the same period last year[30]. - The net profit attributable to shareholders for the current period is ¥63,283,353.89, a 56.25% increase from ¥40,500,513.70 in the previous year[30]. - The total profit reached 69.67 million yuan, reflecting a significant increase of 62.01% compared to the same period last year[54]. - The net profit after deducting non-recurring gains and losses is ¥58,153,303.72, which is a 76.36% increase compared to ¥32,973,755.64 in the same period last year[30]. - The basic earnings per share for the current period is ¥0.3444, up 56.26% from ¥0.2204 in the previous year[30]. - The company reported a foreign exchange gain of approximately ¥11 million, significantly increasing profitability due to favorable currency fluctuations[57]. - The company reported a total of RMB 58 million in entrusted financial management, with RMB 40 million from raised funds and RMB 18 million from self-owned funds[94]. Market Expansion and Strategy - The company plans to expand its market presence by entering new regions, aiming for a 25% increase in market share by the end of 2023[21]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[21]. - The company anticipates a 5% annual growth in domestic data cable demand, with international demand expected to grow over 10%[39]. - The company is focusing on optimizing product structure and exploring high-quality development paths to support green transformation and upgrade[41]. - The company is actively involved in the development of data cables for various applications, including smart homes, industrial automation, and data centers[42]. - The company is actively expanding into high-technology and high-value-added product areas, optimizing its product structure in response to rising raw material prices[54]. - The company is focusing on enhancing market service capabilities and expanding into new business areas to mitigate risks from macroeconomic changes[101]. Research and Development - The company is investing 10 million RMB in R&D for new product development, focusing on advanced interconnect technology[21]. - Research and development investment increased by 10.74% to ¥29,157,902.38, reflecting the company's commitment to innovation and meeting market demands[65]. - The company has accumulated 79 patents, including 6 invention patents, demonstrating its strong research and development capabilities[59]. - The company is focusing on green R&D investments to explore low-energy high-speed cable components and green connection solutions[46]. - The company has developed high-performance 6A cabling systems and completed the development of a power over Ethernet (PoE) system, which has passed performance evaluations[59]. Operational Efficiency - The management has outlined strategies to mitigate risks associated with supply chain disruptions, aiming for a 15% reduction in operational costs[21]. - The net cash flow from operating activities improved by 98.49%, indicating increased sales collections during the reporting period[65]. - The company has successfully completed the registration changes and updated its business license as of July 22, 2022[29]. - The company has established a comprehensive product solution for wiring systems, catering to various sectors including government, education, and finance[53]. Environmental and Social Responsibility - The company has built a rooftop photovoltaic power generation project, generating a total of 9,504,700 kWh, saving 1,168 tons of standard coal and reducing carbon dioxide emissions by 6,686 tons[124]. - The company has established an 8,000 tons/day cooling water recycling system, achieving zero discharge of industrial cooling water[121]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[120]. - The company actively participates in public welfare activities, including donations to support pandemic relief efforts[124]. - The company implemented a daily environmental monitoring system, ensuring compliance with environmental standards[120]. Shareholder and Capital Structure - The company’s major shareholders include Zhejiang Zhaolong Holdings Co., Ltd., which holds 75.00% of the shares, and the actual controller Yao Jinlong, who holds a 60.00% stake in Zhaolong Holdings[170]. - The company’s total share capital increased from 122,500,000 shares to 183,750,000 shares due to the capital reserve conversion, which affected the basic and diluted earnings per share and net assets per share[165]. - The company’s board members and senior management collectively increased their holdings by 15,000,000 shares during the reporting period, totaling 45,000,000 shares[175]. - The company has maintained a stable shareholder structure with no significant changes in share pledges or frozen shares reported[175]. - The company has not reported any major litigation or arbitration matters during the reporting period[132]. Financial Management - The company has not engaged in derivative investments or entrusted loans during the reporting period[95][96]. - The company has not disclosed any major risks affecting the performance of significant contracts[30]. - The company has not reported any significant changes in the conditions affecting the performance of major contracts[30]. - The company has not engaged in any repurchase agreements among the top ten shareholders during the reporting period[175]. - The company has no significant related party transactions involving asset or equity acquisitions or sales during the reporting period[138].

Financial Performance - The company's revenue for Q1 2022 was CNY 379,240,911.83, representing a 20.47% increase compared to CNY 314,798,665.92 in the same period last year[3]. - Net profit attributable to shareholders was CNY 21,016,878.91, a 6.91% increase from CNY 19,657,633.60 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 19,947,510.20, showing a significant increase of 37.40% from CNY 14,518,019.03 in the previous year[3]. - Total operating revenue for the current period reached ¥379,240,911.83, an increase of 20.5% compared to ¥314,798,665.92 in the previous period[52]. - Net profit attributable to the parent company was ¥21,016,878.91, representing a 7.0% increase from ¥19,657,633.60 in the same period last year[65]. - Basic and diluted earnings per share were both ¥0.1716, compared to ¥0.1605 in the previous period, reflecting a 6.9% increase[65]. Cash Flow and Investments - The net cash flow from operating activities decreased by 18.11% to CNY 23,142,527.59 from CNY 28,258,924.77 in the same period last year[3]. - Cash flow from operating activities totaled ¥425,969,296.94, an increase from ¥398,713,876.08 in the prior period[68]. - Net cash flow from investing activities was -$16.37 million, a decrease from -$191.52 million year-over-year[70]. - Cash outflow for investment activities amounted to $66.87 million, compared to $284.02 million in the previous year[70]. - Cash paid for the acquisition of fixed assets and intangible assets was $28.87 million, down from $52.02 million year-over-year[70]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,093,255,665.67, a slight decrease of 0.59% from CNY 1,099,703,500.85 at the end of the previous year[3]. - Current assets totaled ¥747,907,298.98, down from ¥759,183,766.43 at the beginning of the year, primarily due to a decrease in accounts receivable[17]. - Total liabilities decreased to ¥217,781,620.21 from ¥245,246,334.30, showing a reduction of approximately 11.2%[20]. - The company has maintained a stable level of non-current assets, totaling ¥345,348,366.69, slightly up from ¥340,519,734.42[20]. Shareholder Equity - The equity attributable to shareholders increased by 2.46% to CNY 875,474,045.46 from CNY 854,457,166.55 at the end of the previous year[3]. - The company's equity attributable to shareholders rose to ¥875,474,045.46 from ¥854,457,166.55, an increase of about 2.4%[20]. - The company’s retained earnings increased to ¥291,973,933.56 from ¥270,957,054.65, reflecting a growth of approximately 7.8%[20]. Financial Expenses - The company's financial expenses increased by 138.56% to CNY 510,709.06 due to increased exchange losses and decreased interest income[7]. - The company reported a decrease in financial expenses, with a net expense of ¥510,709.06 compared to a net income of ¥1,324,494.50 in the previous period[62]. Research and Development - Research and development expenses were ¥13,505,235.07, up from ¥12,032,581.66, indicating a focus on innovation[62]. - The company aims to expand its market presence and enhance product offerings through ongoing research and development initiatives[68]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,963, with the largest shareholder holding 44.90% of the shares[11]. Miscellaneous - The company received government subsidies amounting to CNY 1,091,767.52 during the reporting period[6]. - The company did not conduct an audit for the first quarter report[72]. - The report was released on April 29, 2022, by the board of directors[72].

Financial Performance - The total operating revenue for 2021 was ¥1,464,949,911.69, representing a 26.16% increase compared to ¥1,161,196,944.35 in 2020[24]. - The net profit attributable to shareholders for 2021 was ¥88,267,067.20, a 20.93% increase from ¥72,990,296.57 in 2020[24]. - The net cash flow from operating activities was ¥79,443,213.25, up 15.64% from ¥68,696,701.67 in 2020[24]. - The total assets at the end of 2021 were ¥1,099,703,500.85, a 7.57% increase from ¥1,022,341,797.13 at the end of 2020[24]. - The net assets attributable to shareholders increased to ¥854,457,166.55, a 9.42% rise from ¥780,906,046.23 in 2020[24]. - The basic earnings per share for 2021 was ¥0.72, down 8.86% from ¥0.79 in 2020[24]. - The diluted earnings per share also stood at ¥0.72, reflecting the same decrease of 8.86% compared to the previous year[24]. - The weighted average return on equity for 2021 was 10.78%, down from 18.79% in 2020, indicating a decline of 8.01%[24]. Revenue Breakdown - Revenue from digital communication cables accounted for 95.17% of total revenue, amounting to ¥1,394,222,142.48, with a year-on-year growth of 25.16%[64]. - The revenue from 6A and above data communication cables increased by 57.15% to ¥204,597,410.45, now representing 13.97% of total revenue[64]. - The company's overseas revenue reached ¥802,783,309.45, accounting for 54.80% of total revenue, with a year-on-year increase of 42.29%[64]. Market and Industry Trends - The company operates in the digital communication cable industry, which is expected to benefit from the growth of 5G, big data, and cloud computing technologies[39]. - The digital communication cable industry is in a growth phase, benefiting from the demand driven by global 5G networks, data centers, and IoT infrastructure upgrades[43]. - The government has set a target for 5G personal user penetration to exceed 40% by 2023, which is expected to drive demand for digital communication cables[39]. - The IoT market in China is projected to grow from 259 billion yuan in 2018 to 750.9 billion yuan in 2022, with a CAGR of 30.49% from 2018 to 2022[42]. Research and Development - The company invested ¥5,419,440 in R&D during the reporting period, a 23.11% increase year-on-year, resulting in 20 new utility model patents and 1 design patent[63]. - The company has developed high-end data cables and specialized cables to meet the increasing performance requirements of downstream customers[52]. - The company has launched new products and technologies, including 800G high-speed line components and the second generation of high-performance Category 6 cabling systems[54]. - The company plans to invest in R&D for high-speed transmission cables and connection components to maintain technological leadership and improve product performance[122]. Cost and Expenses - The company’s operating costs increased by 28.23% to 1,258.56 million yuan due to fluctuations in the prices of raw materials such as copper and insulation materials[59]. - The total cost of raw materials for the digital communication cable industry in 2021 was ¥1,100,376,360.30, accounting for 87.43% of operating costs, a 36.58% increase from ¥805,678,729.75 in 2020[73]. - The manufacturing costs for the digital communication cable industry were ¥83,754,591.02 in 2021, accounting for 6.65% of operating costs, which is a 14.55% increase from the previous year[73]. Cash Flow and Financing - Operating cash inflow totaled ¥1,584,971,003.43, an increase of 23.14% compared to ¥1,287,153,925.50 in 2020[86]. - Investment cash inflow reached ¥327,393,870.72, a significant increase of 130,857.55% compared to ¥250,000.00 in 2020[89]. - Financing cash inflow was reported at ¥0, a decrease of 100% compared to ¥506,409,047.53 in the previous year[89]. - The net increase in cash and cash equivalents was -¥192,422,583.93, a decline of 169.12% from an increase of ¥278,388,806.31 in the previous year[89]. Corporate Governance - The company maintains strict independence from its controlling shareholders in terms of assets, personnel, finance, organization, and business operations, ensuring a complete and independent business structure[136]. - The company has established a comprehensive internal control system that is effective and well-executed, promoting normal and efficient business operations[135]. - The company’s governance structure aligns with legal and regulatory requirements, with no significant discrepancies noted[135]. - The company has a dedicated financial department with independent accounting systems and management, ensuring no interference from shareholders in financial decisions[136]. Employee and Management - The total number of employees at the end of the reporting period was 1,167, with 698 in production, 60 in sales, 264 in technology, 10 in finance, and 135 in administration[183]. - The company has established a comprehensive training program to enhance employee skills and competencies, including various training formats such as internal and external training[187]. - The company is committed to improving its employee compensation system and incentive mechanisms based on operational performance[184]. Future Outlook - The company has provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on current market trends and expansion strategies[155]. - The company plans to enhance its production capacity and introduce advanced production technology to meet the growing demand in the digital communication cable industry in 2022[120]. - A strategic acquisition is planned, with negotiations ongoing for a potential merger with a local competitor to enhance market presence[155].

Financial Performance - The company's revenue for Q3 2021 was ¥372,536,085.77, representing a 12.06% increase year-over-year, while the year-to-date revenue reached ¥1,049,852,086.01, up 27.99% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was ¥20,626,451.24, a decrease of 5.61% year-over-year, with a year-to-date net profit of ¥61,126,964.94, an increase of 16.39%[4] - The company's basic earnings per share for Q3 2021 was ¥0.1684, down 29.21% compared to the same period last year, while the diluted earnings per share also stood at ¥0.1684[4] - Total operating revenue for the current period reached ¥1,049,852,086.01, a significant increase of 27.9% compared to ¥820,262,381.58 in the previous period[26] - Net profit for the current period was ¥61,126,964.94, representing a 16.5% increase from ¥52,518,185.33 in the previous period[30] - The company reported a total comprehensive income of ¥61,126,964.94 for the current period, compared to ¥52,518,185.33 in the previous period[32] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥1,045,278,563.78, reflecting a 2.24% increase from the end of the previous year[4] - The total liabilities decreased to ¥217,945,284.72 from ¥241,435,750.90, reflecting a reduction of approximately 9.7%[24] - The total equity attributable to shareholders at the end of Q3 2021 was ¥827,333,279.06, an increase of 5.95% from the previous year[4] - The company’s total assets reached ¥1,045,278,563.78, an increase from ¥1,022,341,797.13 in the previous period[27] Cash Flow - The company's cash flow from operating activities for the year-to-date period was ¥40,400,229.03, a decline of 35.26% compared to the same period last year[11] - Operating cash inflow for the current period reached ¥1,170,128,983.02, an increase of 27.5% compared to ¥918,077,628.46 in the previous period[34] - Net cash flow from operating activities was ¥40,400,229.03, down 35.3% from ¥62,401,153.25 in the same period last year[37] - Cash outflow from investing activities totaled ¥438,912,815.34, significantly higher than ¥43,624,106.57 in the previous period[37] - Net cash flow from investing activities was -¥193,427,799.26, compared to -¥43,374,106.57 in the previous year, indicating increased investment expenditures[37] - Cash and cash equivalents at the end of the period amounted to ¥90,731,701.11, a decrease from ¥59,070,764.69 in the previous year[40] Inventory and Costs - The company's inventory increased by 49.38% year-over-year, reaching ¥237,835,232.10, attributed to rising raw material prices and increased stock levels[8] - The company experienced a 32.64% increase in operating costs, totaling ¥903,885,453.47, primarily due to rising revenue and raw material costs[11] - Total operating costs amounted to ¥994,256,821.47, up 29.3% from ¥768,596,871.40 in the previous period[26] Investments and Development - The company reported a significant increase in investment income, which rose by 394.92% to ¥1,640,870.82, driven by higher interest income from structured deposits[11] - Research and development expenses increased to ¥42,429,077.97, up 24.9% from ¥33,970,927.26 in the previous period[30] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[29] Corporate Actions - The company established a new branch in Shanghai to enhance business development and market expansion[17] - The company completed the registration of changes for its wholly-owned subsidiary, indicating ongoing business development needs[17] - The company distributed a cash dividend of CNY 1.20 per 10 shares, totaling CNY 14.70 million, based on a total share capital of 122.5 million shares[16] Other Information - The third-quarter report was not audited, indicating that the figures may be subject to further review[42] - The company did not adjust the initial balance sheet items for the new leasing standards implemented in 2021[41]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥677,316,000.24, representing a 38.84% increase compared to ¥487,832,012.93 in the same period last year[28]. - The net profit attributable to shareholders for the first half of 2021 was ¥40,500,513.70, up 32.07% from ¥30,664,982.56 in the previous year[28]. - The net cash flow from operating activities was negative at -¥14,440,343.59, a decline of 128.71% compared to ¥50,301,200.85 in the same period last year[28]. - The basic earnings per share for the first half of 2021 was ¥0.3306, a slight decrease of 0.96% from ¥0.3338 in the previous year[28]. - The total assets at the end of the reporting period were ¥1,027,137,024.38, reflecting a 0.47% increase from ¥1,022,341,797.13 at the end of the previous year[30]. - The net assets attributable to shareholders increased by 5.19% to ¥821,406,559.93 from ¥780,906,046.23 at the end of the previous year[30]. - The weighted average return on net assets decreased to 5.06%, down 3.29% from 8.35% in the previous year[28]. - The net profit after deducting non-recurring gains and losses was ¥32,973,755.64, which is a 26.38% increase from ¥26,091,133.17 in the same period last year[28]. - The gross profit margin for the digital communication cable industry decreased by 4.04% to 13.14%, with revenue from this segment amounting to ¥639,629,717.87, up 36.67% year-on-year[67]. - Research and development expenses increased by 15.06% to ¥26,330,998.74, reflecting the company's commitment to innovation and meeting changing market demands[67]. Dividend and Profit Distribution - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company’s profit distribution plan for 2020 included a cash dividend of 1.20 RMB per 10 shares, totaling 14.70 million RMB distributed to shareholders[57]. - The company did not distribute cash dividends, issue bonus shares, or increase share capital from capital reserves for the reporting period[120]. - The company implemented a profit distribution plan on July 16, 2021, distributing a total of RMB 14.7 million to shareholders, at a rate of RMB 1.20 per 10 shares based on a total share capital of 122.5 million shares[129]. Market and Industry Insights - The digital communication cable industry is experiencing growth due to the global expansion of the electronic information industry and supportive government policies[45]. - The company’s products are widely used in various sectors, including smart security, telecommunications, and industrial automation[37]. - The company is expanding its market presence across multiple regions, including Europe, North America, and Southeast Asia[37]. - The domestic data cable market is forecasted to grow at an annual rate of approximately 5%, while international demand is expected to exceed 10%[50]. - The company has established itself as a key supplier for major domestic internet companies, entering bulk supply phases for high-speed transmission cables and connection products[50]. Research and Development - The company has a dedicated R&D department focused on improving product performance and developing high-end data cables[43]. - The company has filed for 8 new utility model patents and introduced 2 provincial new products during the reporting period, enhancing its innovation capabilities[53]. - The company has undertaken 3 national-level research projects and 16 provincial-level projects, demonstrating its active engagement in technological advancement[60]. - The company has developed the OSFP 800G high-speed cable component and a second-generation high-performance Category 6 cabling system, supporting advanced technologies like 5GBASE-T[53]. - The company is committed to continuous R&D investment to keep pace with technological advancements and meet customer demands[106]. Operational Efficiency - The company has established a complete procurement, production, quality inspection, and sales system, optimizing its operational efficiency[41]. - The company has implemented a unified bulk procurement strategy to control costs and ensure material quality[43]. - The company has established a strong customer resource advantage, becoming a key supplier for leading global electronic and communication companies, which mitigates risks from regional economic fluctuations[59]. - The company has formed strategic partnerships with leading enterprises in various industries, enhancing its market presence and operational stability[59]. Financial Position and Investments - The company's cash and cash equivalents decreased by 18.89% to CNY 131,450,989.80, down from CNY 323,984,967.09, due to increased project expenditures and investments in financial products[71]. - Inventory increased by 7.24% to CNY 234,295,622.13, compared to CNY 159,211,938.81 in the previous year, indicating a rise in stock levels[71]. - The total investment during the reporting period was CNY 64,510,761.26, a significant increase of 179.49% compared to CNY 23,081,604.79 in the same period last year[78]. - The company has ongoing projects, including a data cable expansion project with an investment of CNY 30,471,939.04, which is 44.74% complete[78]. - The annual production expansion project for 350,000 kilometers of data cables has a total investment of CNY 17,017.96 million, with 44.74% progress as of the reporting period[89]. Risk Management - The company has outlined potential risks and countermeasures in its management discussion section, emphasizing the importance of investor awareness regarding investment risks[6]. - The company faces risks related to customer concentration, with the top five customers accounting for a significant portion of sales revenue[106]. - The company is exposed to risks from fluctuations in raw material prices, particularly copper, which is closely tied to market conditions[107]. - The company anticipates potential impacts on overseas business due to ongoing global pandemic conditions[111]. - The company will strengthen strategic cooperation with suppliers to mitigate risks from raw material price volatility[107]. Governance and Compliance - The company maintains a strong governance structure and complies with relevant laws and regulations to protect the rights of shareholders and stakeholders[129]. - The company reported no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[132]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[133]. - The company had no violations regarding external guarantees during the reporting period[134]. - The semi-annual financial report was not audited[135]. Shareholder Information - The total number of shares is 122,500,000, with 91,875,000 shares held by shareholders after the recent changes[173]. - The company’s shareholding structure shows a decrease in restricted shares, with 93,452,455 restricted shares before the changes, reducing to 91,875,000 after[173]. - The total number of common stock shareholders at the end of the reporting period is 15,825[177]. - The company has not reported any changes in the shareholding of directors, supervisors, and senior management during the reporting period[189]. - The top ten shareholders did not engage in any repurchase transactions during the reporting period[188].