1 / 4 证券代码：300916 证券简称：朗特智能 深圳朗特智能控制股份有限公司 投资者关系活动记录表 编号：2020-001 | --- | --- | --- | --- | |-----------------------|------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------|--------------------------------| | 投资者关系活动类 \n别 | □业绩说明会 \n□现场参观 | 特定对象调研 □分析师会议 □媒体采访 \n□新闻发布会 □路演活动 \n□其他 | \n（请用文字说明其他活动内容） | | 参与单位名称及 ...

证券代码：300916 证券简称：朗特智能 1 / 3 深圳朗特智能控制股份有限公司 投资者关系活动记录表 编号：2020-002 | --- | --- | --- | --- | |-----------------|---------------------------------------------------------------------------------------------|------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

证券代码：300916 证券简称：朗特智能 深圳朗特智能控制股份有限公司 投资者关系活动记录表 编号：2022-023 | --- | --- | --- | --- | |-------------------------|-----------------------------------|------------------------------------------------------------------------------------------------------------------|----------------------| | 投资者关系活动类别 \n | \n□现场参观 □其他 | 特定对象调研 □分析师会议 \n□业绩说明会 □新闻发布会 □路演活动 | □媒体采访 | | 参与单位名称及人员 | 中泰证券 王逢节、陈宁玉 | | | | 姓名 | 歌斐资产 周博北 | | | | | 金信基金 蔡宇飞 | | | | 日期/时间 2022 | 年 11 月 | | | | 地点 公司会议室 | | | | | 上市公司接待人员 姓名 | 副总经理、董事会秘书 ...

证券代码：300916 证券简称：朗特智能 深圳朗特智能控制股份有限公司 投资者关系活动记录表 编号：2021-002 | --- | --- | --- | --- | |-------------------------|-----------------------------------------------------------|----------------------------------------------------------------------------|----------------------------------| | 投资者关系活动 | | 特定对象调研 □分析师会议 □媒体采访 | | | 类别 | □业绩说明会 □新闻发布会 □现场参观 □其他 | （请用文字说明其他活动内容） | □路演活动 | | | | | | | 参与单位名称及 人员姓名 | 真为基金：王泽奇 葛易薇 招商证券：董瑞斌 宝盈基金：陈金伟 | | | | | | | | | 日期/时间 2021 | 年 3 月 4 日 | | | | 地点 | 公司会议室 | | | | 上市公司 ...

编号：2021-001 1 / 5 证券代码：300916 证券简称：朗特智能 深圳朗特智能控制股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |------------------------------------------------------------------|-------------------------------------------|----------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Group 1: Market Trends and Applications - The core function of smart controllers is to enhance the efficiency, precision, and intelligence of devices, with applications expanding into automotive electronics, home appliances, and power tools [1] - The smart controller industry is evolving towards higher performance and intelligence, with applications now including smart homes, automotive electronics, industrial equipment, and smart cities [2] - The demand for high-level intelligent products is increasing, leading to a trend of integrating smart products with terminal data and cloud platforms to create interconnected smart home ecosystems [2] Group 2: Production and Manufacturing - The main production processes for smart controllers include material management, software burning, SMT process, DIP process, packaging, assembly, and testing, with the SMT process being the core of manufacturing [2] - The company is expanding its production capacity through projects aimed at enhancing manufacturing platforms and R&D capabilities to address capacity bottlenecks [2] Group 3: Business Strategy and Growth - The company plans to actively explore markets in smart homes, automotive electronics, and new consumer electronics, focusing on mid-to-high-end markets to increase market share [3] - The shift towards ODM (Original Design Manufacturer) models is expected to increase, with the company aiming to strengthen strategic partnerships with core clients and expand ODM business applications [3] - The company is committed to optimizing product structures and developing high-value-added products as new profit growth points [3] Group 4: Challenges and Responses - The company is addressing challenges such as rising raw material prices and chip shortages by signing material supply agreements and adopting a sales-driven procurement model [2] - Continuous optimization of manufacturing processes and cost management is being implemented to reduce manufacturing costs and management expenses [3]

[Key Financial Data](index=2&type=section&id=I.%20Key%20Financial%20Data) [Core Financial Indicators](index=2&type=section&id=(I)%20Key%20Accounting%20Data%20and%20Financial%20Indicators) The company achieved strong performance growth in Q3 2022 and year-to-date, with Q3 operating revenue up 57.22% and net profit attributable to parent up 61.56%, while year-to-date net cash flow from operating activities significantly increased by 424.47%, indicating improved operational quality Core Financial Indicators for Q3 2022 and Year-to-Date | Indicator | Current Period (Q3) | Q3 YoY Change | Year-to-Date (YTD) | YTD YoY Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 400,849,413.18 | 57.22% | 918,326,037.34 | 36.02% | | Net Profit Attributable to Shareholders of Listed Company (RMB) | 61,530,957.71 | 61.56% | 136,743,112.52 | 33.77% | | Net Profit Attributable to Parent After Non-recurring Items (RMB) | 57,753,883.00 | 63.76% | 128,645,673.58 | 49.15% | | Net Cash Flow from Operating Activities (RMB) | -- | -- | 136,064,366.21 | 424.47% | | Basic EPS (RMB/share) | 0.64 | 60.00% | 1.43 | 33.64% | | Total Assets (RMB) | 1,557,556,782.73 | 20.33% (vs. end of prior year) | 1,557,556,782.73 | 20.33% (vs. end of prior year) | | Total Equity Attributable to Shareholders of Listed Company (RMB) | 1,091,691,320.96 | 13.63% (vs. end of prior year) | 1,091,691,320.96 | 13.63% (vs. end of prior year) | [Non-recurring Gains and Losses Analysis](index=2&type=section&id=(II)%20Non-recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) Year-to-date non-recurring gains and losses totaled **RMB 8.10 million**, primarily from government grants and financial product investment income, yet net profit after non-recurring items still grew robustly by 49.15%, demonstrating strong core business profitability Key Non-recurring Gains and Losses Items Year-to-Date | Item | Amount (RMB) | Description | | :--- | :--- | :--- | | Government Grants Recognized in Current P/L | 5,381,263.62 | Subsidies obtained according to relevant government policies | | Gains/Losses from Financial Assets Held for Trading | 4,505,285.28 | Mainly due to income and fair value changes from wealth management products held by the company | | Gains/Losses from Disposal of Non-current Assets | -241,239.76 | Loss from disposal of scrapped fixed assets | | **Total** | **8,097,438.94** | -- | [Key Financial Data Changes and Reasons](index=3&type=section&id=(III)%20Changes%20and%20Reasons%20for%20Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, significant changes occurred across multiple balance sheet and income statement accounts, with asset growth driven by business expansion and increased operating assets, while revenue and costs rose with business growth, and a substantial decrease in financial expenses due to exchange gains significantly boosted profit Key Balance Sheet Changes and Reasons (As of Sep 30, 2022 vs Dec 31, 2021) | Item | Change Percentage | Significant Change Explanation | | :--- | :--- | :--- | | Prepayments | 963.88% | Mainly due to increased prepayments to suppliers for materials | | Other Current Assets | 559.21% | Mainly due to increased uncertified tax amounts | | Investments in Other Equity Instruments | 432.68% | Mainly due to new investments in the current period | | Notes Payable | 388.42% | Mainly due to business scale growth | | Other Non-current Assets | 267.56% | Mainly due to prepayments for equipment | | Taxes Payable | 203.61% | Mainly due to increased taxes payable | Key Income Statement Changes and Reasons (Jan-Sep 2022 vs Jan-Sep 2021) | Item | Change Percentage | Significant Change Explanation | | :--- | :--- | :--- | | Financial Expenses | -2829.32% | Mainly due to exchange gains/losses, changing from an expense of RMB 1.6 million in the prior period to an income of RMB 43.7 million in the current period | | Credit Impairment Losses | 1574.17% | Mainly due to increased impairment provisions for accounts receivable | | Asset Impairment Losses | 109.03% | Mainly due to increased inventory depreciation provisions | | Non-operating Expenses | 44858.81% | Mainly due to charitable donations and loss of lease deposits in the current period | [Shareholder Information](index=5&type=section&id=II.%20Shareholder%20Information) [Shareholder Structure and Holdings](index=5&type=section&id=(I)%20Total%20Number%20of%20Common%20Shareholders,%20Preferred%20Shareholders%20with%20Restored%20Voting%20Rights,%20and%20Top%20Ten%20Shareholders%27%20Holdings) As of the reporting period end, the company had **7,311** shareholders, with a highly concentrated equity structure where the actual controller, Ouyang Zhengliang, and his controlled entities hold a significant combined stake, alongside institutional investors like Dajia Asset and CSC Financial in the top ten shareholders - As of the end of the reporting period, the total number of common shareholders was **7,311**[16](index=16&type=chunk) Top Five Shareholders' Holdings | Shareholder Name | Shareholder Type | Holding Percentage | Number of Shares Held (shares) | | :--- | :--- | :--- | :--- | | Ouyang Zhengliang | Domestic Natural Person | 43.43% | 41,609,565 | | Shenzhen Pengcheng Gaofei Investment Management Partnership | Domestic Non-state-owned Legal Entity | 12.55% | 12,020,535 | | Gou Xingrong | Domestic Natural Person | 6.74% | 6,456,360 | | Shenzhen Liangte Investment Management Co., Ltd. | Domestic Non-state-owned Legal Entity | 5.79% | 5,547,960 | | Zhuhai Pengcheng Zhanzhi Investment Consulting Partnership | Domestic Non-state-owned Legal Entity | 4.53% | 4,342,500 | - Actual controller Ouyang Zhengliang is the general partner of Pengcheng Gaofei and Pengcheng Zhanzhi, and controls Liangte Investment, indicating a concerted action relationship and highly concentrated equity[17](index=17&type=chunk) [Other Significant Matters](index=6&type=section&id=III.%20Other%20Significant%20Matters) [2022 Restricted Stock Incentive Plan](index=6&type=section&id=1.%202022%20Restricted%20Stock%20Incentive%20Plan) The company advanced and completed the granting of its 2022 Restricted Stock Incentive Plan during the year, comprising initial and reserved grants, aimed at incentivizing core employees, stabilizing the team, and supporting long-term development - The company initially granted **1.01942 million** restricted shares to **155** incentive recipients on June 27, 2022[19](index=19&type=chunk) - The company reserved and granted **0.38322 million** restricted shares to **36** incentive recipients on September 29, 2022[20](index=20&type=chunk) [Establishment of Equity Investment Fund](index=6&type=section&id=2.%20Equity%20Investment%20Fund) To expand its business scope, the company invested **RMB 40 million** as a limited partner to establish a private equity investment fund with Shenzhen Hi-Tech Investment and other professional investment institutions, aiming to leverage external expertise and resources for new investment and growth opportunities - The company, as a limited partner, invested **RMB 40 million** of its own funds to establish 'Shenzhen Hi-Tech Investment Leiao Private Equity Investment Fund Partnership (Limited Partnership)'[21](index=21&type=chunk)[22](index=22&type=chunk) [Quarterly Financial Statements](index=7&type=section&id=IV.%20Quarterly%20Financial%20Statements) [Consolidated Balance Sheet](index=7&type=section&id=1.%20Consolidated%20Balance%20Sheet) As of September 30, 2022, total assets reached **RMB 1.56 billion**, up 20.33% from the year-start, with current assets at **RMB 1.39 billion** primarily comprising financial assets held for trading, cash, and accounts receivable, while total liabilities were **RMB 464 million**, resulting in a stable financial structure with a debt-to-asset ratio of approximately **29.8%** and parent company equity of **RMB 1.09 billion**, up 13.63% from year-start Consolidated Balance Sheet Key Items (Unit: RMB) | Item | Sep 30, 2022 | Dec 31, 2021 | | :--- | :--- | :--- | | Total Assets | 1,557,556,782.73 | 1,294,448,074.54 | | Total Liabilities | 464,143,579.45 | 333,746,710.09 | | Total Equity Attributable to Parent Company Shareholders | 1,091,691,320.96 | 960,701,364.45 | | Total Liabilities and Shareholders' Equity | 1,557,556,782.73 | 1,294,448,074.54 | [Consolidated Income Statement (Year-to-Date)](index=9&type=section&id=2.%20Consolidated%20Income%20Statement%20Year-to-Date) In the first three quarters of 2022, the company achieved operating revenue of **RMB 918 million**, a **36.02%** year-over-year increase, with operating costs growing faster at **42.52%**, yet operating profit still reached **RMB 156 million**, up **34.8%**, largely due to a significant reduction in financial expenses from exchange gains, leading to a net profit attributable to parent company shareholders of **RMB 137 million**, up **33.77%** Consolidated Income Statement Key Items (Jan-Sep 2022 vs Jan-Sep 2021) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | I. Total Operating Revenue | 918,326,037.34 | 675,121,277.49 | | II. Total Operating Costs | 761,910,885.32 | 573,900,888.25 | | III. Operating Profit | 155,644,184.35 | 115,471,810.74 | | IV. Total Profit | 155,593,232.18 | 116,158,059.68 | | V. Net Profit | 136,604,994.84 | 102,219,333.73 | | Net Profit Attributable to Parent Company Shareholders | 136,743,112.52 | 102,219,333.73 | [Consolidated Cash Flow Statement (Year-to-Date)](index=11&type=section&id=3.%20Consolidated%20Cash%20Flow%20Statement%20Year-to-Date) In the first three quarters of 2022, net cash flow from operating activities surged by **424.47%** to **RMB 136 million**, primarily due to increased sales collections, while investing activities saw a net outflow of **RMB 92.03 million** mainly for wealth management products and fixed asset purchases, and financing activities had a net outflow of **RMB 45.80 million** for debt repayment, resulting in an overall net increase in cash and cash equivalents of **RMB 38.43 million** Consolidated Cash Flow Statement Key Items (Jan-Sep 2022 vs Jan-Sep 2021) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 136,064,366.21 | 25,943,423.38 | | Net Cash Flow from Investing Activities | -92,031,861.16 | -426,279,307.52 | | Net Cash Flow from Financing Activities | -45,801,000.00 | 6,878,457.25 | | Net Increase in Cash and Cash Equivalents | 38,429,276.86 | -392,668,207.15 |

Financial Performance - The company reported a revenue of RMB 100 million for the first half of 2022, representing a year-on-year increase of 15%[16]. - The gross profit margin for the first half of 2022 was 35%, compared to 30% in the same period last year[16]. - The company's operating revenue for the reporting period was ¥517,476,624.16, representing a 23.16% increase compared to ¥420,153,106.98 in the same period last year[23]. - Net profit attributable to shareholders was ¥75,212,154.81, up 17.27% from ¥64,133,695.62 year-on-year[23]. - The net profit after deducting non-recurring gains and losses was ¥70,891,790.58, reflecting a significant increase of 39.03% compared to ¥50,988,976.12 in the previous year[23]. - Basic earnings per share rose to ¥0.79, an increase of 17.91% from ¥0.67[23]. - The company reported a net profit of RMB 1.98 billion for the first half of 2022, reflecting a growth of 8.58% compared to the previous year[95]. - The total comprehensive income for the first half of 2022 was CNY 77.16 million, compared to CNY 63.87 million in the same period of 2021, reflecting a growth of 20.7%[173]. - The total comprehensive income for the period was approximately 70.24 million yuan, highlighting strong operational performance[195]. Market Expansion and Strategy - The company plans to invest RMB 20 million in R&D for new product development in smart home technology[16]. - The company is expanding its market presence in Southeast Asia, aiming for a 10% market share by the end of 2023[16]. - The company actively implemented a "big customer" strategy, expanding sales in the automotive electronics and off-grid lighting sectors[41]. - The company aims to expand its market presence in emerging markets such as Asia, Africa, and Latin America to mitigate risks associated with high export revenue[96]. - The company is focused on improving its core competitiveness and management capabilities to ensure the successful implementation of fundraising projects[98]. - The company plans to continue investing in new product development and market expansion strategies to drive future growth[199]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its operational footprint[199]. Research and Development - User data indicates a growth of 25% in active users of smart control products compared to the previous year[16]. - The company is focusing on the development of new products and technologies, integrating advanced technology into its offerings[36]. - The company has a strong R&D team with over a decade of experience in smart controller development, contributing to its competitive advantage[48]. - Research and development investment rose to CNY 19.98 million, up 21.40% from the previous year[65]. - The company plans to enhance its research and development efforts to maintain competitive advantages in technology and cost control[97]. - The company aims to enhance its technological capabilities through ongoing research and development initiatives[199]. Financial Management and Investments - The company has established a comprehensive quality management system, achieving multiple certifications including ISO9001 and IATF16949[33]. - The company has established a comprehensive supplier management system, with 2-3 qualified suppliers for major raw materials[38]. - The company has not reported any changes in the fundraising project situation during the reporting period[86]. - The company has not engaged in any entrusted loans during the reporting period[91]. - The company has not reported any major litigation or arbitration matters during the reporting period[122]. - The company has allocated 1 million yuan for general risk reserves, demonstrating a proactive approach to financial management[192]. - The company has set aside 21.51 million yuan for special reserves, indicating a proactive approach to financial management[200]. Operational Efficiency - The company adopted a flexible manufacturing model to meet diverse customer needs, characterized by "multi-variety, small batch, and multiple batches" production[39]. - The company reported a foreign exchange gain of approximately 20 million yuan due to the appreciation of the US dollar, enhancing profitability[41]. - The company reported a significant decrease in short-term borrowings, down 2.64% to CNY 60,082,666.67, which is 4.20% of total assets[70]. - The company’s cash inflow from operating activities totaled CNY 590,869,554.91, compared to CNY 479,422,107.93 in the previous year, indicating improved operational efficiency[178]. Shareholder and Governance - No cash dividends or stock bonuses will be distributed for the current fiscal year[4]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[107]. - The financial director, Huang Bin, resigned on April 25, 2022, due to personal reasons[106]. - The company has maintained a good integrity status, with no significant legal judgments or large debts due during the reporting period[124]. - The company has not reported any significant changes in shareholder structure during the reporting period[142]. Risk Management - The company faces risks related to supply chain disruptions and has outlined mitigation strategies in its report[3]. - The company faces risks from exchange rate fluctuations, as a significant portion of its export revenue is settled in USD[98]. - The company has implemented a risk response plan to monitor and evaluate changes in the risk exposure of foreign exchange derivatives, ensuring timely reporting and emergency measures[90].

Financial Performance - The company's revenue for Q1 2022 was CNY 197.68 million, a decrease of 3.25% compared to CNY 204.32 million in the same period last year[3] - Net profit attributable to shareholders was CNY 19.98 million, down 39.54% from CNY 33.04 million year-on-year[3] - Basic and diluted earnings per share decreased by 60.26% to CNY 0.31 from CNY 0.78 in the same period last year[3] - Total profit for the period was CNY 22.06 million, a decrease of 42.64% from CNY 38.46 million in the same period last year[9] - Operating profit decreased to CNY 22.25 million, down 41.3% from CNY 37.99 million in the previous year[21] - Total operating revenue for Q1 2022 was CNY 197.68 million, a decrease of 3.14% from CNY 204.32 million in the same period last year[20] - Total operating costs increased to CNY 180.23 million, up 1.92% from CNY 177.88 million year-on-year[20] Cash Flow - The net cash flow from operating activities increased by 58.23% to CNY 15.51 million, compared to CNY 9.81 million in the previous year[3] - The net cash flow from operating activities was CNY 15.51 million, an increase of 58.06% from CNY 9.81 million in the same period last year[25] - Investment activities generated a net cash flow of CNY 126.94 million, a significant improvement from a negative CNY 449.92 million in the previous year[25] - The net cash flow from financing activities was -449,999.97 CNY, indicating a cash outflow due to debt repayment[26] - The net increase in cash and cash equivalents for the quarter was 142,203,581.30 CNY, compared to a decrease of -439,591,807.88 CNY in the previous year[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1.29 billion, a slight decrease of 0.37% from CNY 1.29 billion at the end of the previous year[3] - Total liabilities amounted to CNY 309.13 million, a decrease from CNY 333.75 million year-on-year[21] - Total current liabilities decreased to ¥299,099,442.85 from ¥321,971,086.84, a decrease of 7.1%[17] - Non-current liabilities include lease liabilities of ¥7,605,657.14, down from ¥8,823,338.83, a decrease of 13.8%[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,588[12] - The largest shareholder, Ouyang Zhengliang, holds 43.43% of shares, totaling 27,739,710 shares[12] Investment and Income - The company reported a significant increase in investment income, which rose by 88.44% to CNY 4.41 million, compared to CNY 2.34 million in the previous year[8] - The company experienced a 14169.12% increase in cash received from investment activities, totaling CNY 447.62 million, compared to CNY 3.14 million in the previous year[10] Inventory and Receivables - Accounts receivable decreased to ¥185,849,124.33 from ¥227,290,826.91, a decline of 18.3%[16] - Inventory increased to ¥147,979,976.14 from ¥126,169,620.52, reflecting a rise of 17.4%[16] Other Information - The company has not reported any new product developments or market expansions in this quarter[14] - There are no significant mergers or acquisitions reported during this period[14] - The first quarter report was not audited, which may affect the reliability of the financial data presented[27]

Financial Performance - The company's operating revenue for 2021 was CNY 960,030,639.80, representing a 23.97% increase compared to CNY 774,427,445.71 in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 140,933,357.09, a significant increase of 57.88% from CNY 89,266,299.53 in 2020[20]. - The net profit after deducting non-recurring gains and losses was CNY 121,772,962.35, up 44.27% from CNY 84,407,704.41 in 2020[20]. - The basic earnings per share for 2021 was CNY 2.21, reflecting a 33.94% increase from CNY 1.65 in 2020[20]. - The total assets at the end of 2021 amounted to CNY 1,294,448,074.54, an 18.95% increase from CNY 1,088,258,773.39 at the end of 2020[20]. - The net assets attributable to shareholders increased by 15.29% to CNY 960,701,364.45 at the end of 2021 from CNY 833,267,558.07 at the end of 2020[20]. - The company reported a net cash flow from operating activities of CNY 129,150,350.03, a slight increase of 0.50% compared to CNY 128,510,005.64 in 2020[20]. - The company experienced a decline in the weighted average return on equity, which was 15.71% in 2021, down from 26.23% in 2020[20]. - The company achieved a revenue of 960 million yuan, representing a year-on-year growth of 23.97%[45]. - The net profit attributable to shareholders reached 140.93 million yuan, an increase of 57.88% compared to the previous year[45]. Dividend and Share Capital - The company reported a profit distribution plan, proposing a cash dividend of 3.00 RMB per 10 shares and a capital reserve conversion of 5 shares for every 10 shares held[6]. - The total cash dividend for the 2021 fiscal year is set at 19,161,000 RMB, with a share base of 63,870,000 shares, and no stock bonuses were issued[156]. - The company has maintained a cash dividend payout ratio of 100% of the distributable profits for the reporting period[155]. - The company plans to increase its total share capital to 95,805,000 shares through a capital reserve transfer of 5 shares for every 10 shares held[156]. Industry Position and Market Trends - The company operates in the smart control industry, focusing on intelligent controllers and related products[14]. - The company is positioned in the intelligent controller manufacturing industry, which is supported by national policies and has seen increasing demand for automation and intelligence in various sectors[29]. - The smart controller industry in China is projected to maintain an annual growth rate of approximately 12% from 2018 to 2023, with the market size expected to exceed 3 trillion yuan by 2023[31]. - The demand for automation and intelligence in products is increasing, leading to higher technical barriers in the smart controller industry[32]. - The smart controller industry is experiencing a trend towards globalization and specialization, providing significant opportunities for domestic manufacturers[32]. Research and Development - The company invested 35.39 million yuan in R&D, a 30.89% increase year-on-year, accounting for 3.69% of total revenue[59]. - The company has developed 62 patents, including 14 invention patents and 32 utility model patents, enhancing its competitive edge in R&D[47]. - The new product development cycle typically spans 6 to 12 months, involving multiple stages from market demand investigation to mass production[39]. - The company actively participates in the design and development of new products, providing tailored solutions to meet customer needs[39]. - The R&D team has seen a significant increase in younger personnel, with a 37.21% rise in employees under 30 years old[77]. Supply Chain and Production - The company employs both OEM and ODM business models, allowing for greater control over material costs and production efficiency, particularly under the ODM model[38]. - The company has implemented a flexible manufacturing model characterized by "make-to-order" and "small batch production" to meet diverse customer needs[42]. - The company has established a comprehensive supplier management system, ensuring a robust supply chain with 2-3 qualified suppliers for key raw materials[41]. - The company has strengthened its supply chain management to mitigate cost pressures from raw material price increases and chip shortages[60]. Governance and Compliance - The company emphasizes timely and accurate information disclosure, with the chairman as the primary responsible person for disclosures[124]. - The company has established a comprehensive internal control system to ensure effective risk management and operational efficiency[126]. - The governance structure includes a board of directors with 5 members, 2 of whom are independent directors, ensuring compliance with relevant regulations[121]. - The company has implemented a performance evaluation and incentive system linking management compensation to business performance[125]. - The company has complied with all legal and regulatory requirements regarding shareholder meetings and decision-making processes[119]. Risks and Challenges - The company faces risks related to high foreign sales revenue and potential impacts from international market competition and trade policies[107]. - Rising raw material prices and chip shortages pose significant risks to the smart controller industry, impacting production costs[110]. - The company will closely monitor domestic and international market dynamics to enhance core competitiveness and risk resistance[110]. Social Responsibility and Community Engagement - The company actively engages in social responsibility, providing assistance to employees in need through its charity foundation[167]. - The company has taken measures to support poverty alleviation and rural revitalization in Guangxi, enhancing local infrastructure and employment[168]. - The company has not faced any environmental penalties during the reporting period, emphasizing its commitment to environmental protection[164].