江苏本川智能电路科技股份有限公司 2022 年第一季度报告全文 证券代码：300964 证券简称：本川智能 公告编号：2022-016 江苏本川智能电路科技股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带 的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 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） | 143,058,385.04 | 104,088,945.62 | 37.44% | | 归属于上市公司股东的净利润（元） | 13,970,775.10 ...

Financial Performance - The company's operating revenue for 2021 was ¥554,048,760.21, representing a 26.64% increase compared to ¥437,483,586.96 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥53,900,374.33, a decrease of 34.74% from ¥82,594,458.29 in 2020[19]. - The net profit after deducting non-recurring gains and losses was ¥45,312,057.24, down 32.70% from ¥67,324,476.03 in 2020[19]. - The net cash flow from operating activities was ¥20,505,959.06, a significant decline of 84.83% compared to ¥135,136,335.04 in 2020[19]. - The total assets at the end of 2021 reached ¥1,292,464,978.07, an increase of 130.99% from ¥559,544,243.11 at the end of 2020[19]. - The net assets attributable to shareholders increased by 162.76% to ¥992,238,517.20 from ¥377,617,013.22 at the end of 2020[19]. - The company's basic earnings per share for 2021 was ¥0.84, a decrease of 40.85% from ¥1.42 in 2020[19]. - The company's total revenue for 2021 was ¥554,048,760.21, representing a year-over-year increase of 26.64% compared to ¥437,483,586.96 in 2020[52]. - The main business revenue accounted for ¥532,418,306.92, which is 96.10% of total revenue, showing a 25.66% increase from ¥423,686,694.66 in the previous year[52]. - Domestic revenue was ¥269,749,236.49, making up 48.69% of total revenue, with a slight increase of 4.44% from the previous year[52]. - International revenue reached ¥262,669,070.43, which is 47.41% of total revenue, reflecting a significant increase of 58.80% from ¥165,413,549.44 in 2020[52]. Market Overview - The global PCB market size in 2021 was approximately $80.4 billion, with a year-on-year growth of about 23.4%[29]. - The PCB market size in mainland China for 2021 was approximately $43.6 billion, growing by about 24.6% year-on-year, surpassing the global average growth rate[29]. - The global PCB market size is expected to reach approximately $84 billion in 2022, with a year-on-year growth of about 5%[30]. - The average compound annual growth rate (CAGR) for the global PCB market from 2021 to 2026 is projected to be around 4.8%, reaching approximately $101.5 billion by 2026[30]. Risk Management - The report emphasizes the importance of risk awareness for investors regarding future plans and performance forecasts[4]. - The company has a comprehensive risk management strategy outlined in the section discussing future development prospects[4]. - The company recognizes risks from macroeconomic fluctuations that could impact demand in the PCB industry, emphasizing the need for strategic responses[99]. - The company faces risks from fluctuations in raw material prices, which significantly impact operating costs, and is implementing measures to optimize order structures and improve production efficiency[102]. - Environmental regulations are becoming stricter, increasing the company's operational costs, and the company is committed to green manufacturing and improving resource utilization[103]. Corporate Governance - The company has established a robust corporate governance structure, ensuring compliance with relevant laws and regulations, and enhancing operational transparency[110]. - The company held 8 board meetings during the reporting period, ensuring compliance with legal and regulatory requirements[111]. - The company established a performance evaluation standard linking compensation to company performance and individual performance, enhancing motivation among senior management and core employees[112]. - The company maintained complete independence in assets, personnel, finance, organization, and business from its controlling shareholders and actual controllers, ensuring no interference in operations[115]. - The company has an independent financial department with a complete and standardized accounting system, complying with relevant accounting laws[116]. Research and Development - The company has ongoing R&D projects aimed at enhancing technology in the 5G sector, which are expected to improve profitability[62]. - The company is focused on flexible production management, enabling small-batch, multi-variety, and short delivery time production, enhancing customer experience and long-term cooperation[43]. - The company has developed core technologies for producing high-frequency, high-speed, and multi-layer PCBs, establishing a competitive advantage in the industry[44]. - Future R&D will target high-frequency, high-density products, with plans to develop several new products and improve existing processes over the next three years[95]. Environmental Responsibility - Jiangsu Benchuan Intelligent Circuit Technology Co., Ltd. reported a total wastewater discharge of 39.682 tons/year, with an average concentration of 24.7 mg/L for treated wastewater[170]. - The company achieved a chemical oxygen demand (COD) discharge of 2.771 tons, complying with the national wastewater discharge standards[170]. - The total nitrogen discharge was recorded at 1.264 tons/year, with an average concentration of 10.73 mg/L, meeting the required environmental standards[171]. - The company has implemented a series of environmental protection initiatives to continuously improve its operational sustainability[172]. - The company emphasizes clean production and energy conservation as part of its environmental strategy[172]. Shareholder Relations - The company plans to distribute a cash dividend of 3.00 CNY per 10 shares to all shareholders, based on a total of 77,298,284 shares[4]. - The total distributable profit for 2021 was CNY 108,245,258.40, with no annual profit distribution implemented during the year[160]. - The company has a profit distribution policy that prioritizes cash dividends, aiming for a minimum of 30% of the average distributable profit over three years to be distributed in cash[153]. - The company will ensure that cash distribution occurs only if the distributable profit is positive and meets specific conditions[193]. - The company will communicate with shareholders, especially minority shareholders, to gather feedback before finalizing profit distribution proposals[194].

□ 是 √ 否 江苏本川智能电路科技股份有限公司 2021 年第三季度报告 证券代码：300964 证券简称：本川智能 公告编号：2021-022 江苏本川智能电路科技股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告 中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | 营业收入（元） | 136,583,802.65 | 34.31% | 391,731,008.81 ...

Financial Performance - The company reported a revenue of 300 million CNY for the first half of 2021, representing a year-on-year increase of 15%[16] - The gross profit margin for the first half of 2021 was 25%, compared to 22% in the same period last year[16] - Future performance guidance suggests a revenue target of 600 million CNY for the full year 2021, reflecting a growth of 12%[16] - The company's operating revenue for the reporting period was ¥255,147,206.16, representing a 12.21% increase compared to ¥227,386,291.03 in the same period last year[22] - The net profit attributable to shareholders was ¥42,892,435.76, a decrease of 12.08% from ¥48,785,306.72 in the previous year[22] - The company achieved a revenue of 255 million yuan, representing a year-on-year growth of 12.21%[36] - The net profit attributable to shareholders was 42.89 million yuan, a decrease of 12.08% year-on-year, primarily due to a government listing reward of 8.05 million yuan received in the first half of 2020[36] - The company's total liabilities increased to CNY 60,046,805.07 in the first half of 2021, compared to CNY 44,370,342.21 in the same period last year, marking a rise of 35.3%[161] - The total equity of the company reached CNY 286,496,884.04 in the first half of 2021, up from CNY 267,963,574.95 in the first half of 2020, indicating a growth of 6.8%[161] Research and Development - The company plans to invest 50 million CNY in R&D for new product development in the next fiscal year[16] - The company obtained 1 invention patent and 1 utility model patent during the reporting period, reflecting its commitment to R&D and innovation[31] - Research and development expenses rose by 9.22% to ¥10,750,144.24, driven by rising copper prices and increased order volumes, which grew by 27.60% compared to the previous year[58] - The company is actively developing 5G-related products and has become one of the few manufacturers to master the production technology for high-frequency multi-layer boards used in 5G base stations[37] - The company has established a robust emergency response plan for environmental incidents, which has been approved by local environmental protection authorities[101] Market Expansion and Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 10% market share by 2023[16] - The company is focusing on expanding its domestic and international markets, leveraging its local marketing teams in Nanjing, Shenzhen, and Zhuhai to enhance customer coverage[36] - The company is actively expanding its market presence in the communication equipment sector and exploring opportunities in industrial automation and new energy vehicles[84] - The company is positioned to benefit from the "Double Gigabit" network development plan, which aims to establish over 600,000 new 5G base stations by the end of 2021[40] Operational Challenges and Risks - The company is facing risks related to raw material price fluctuations, which could impact profit margins[4] - The PCB industry is experiencing rising raw material costs due to a surge in commodity prices, impacting production costs and industry profit margins[38] - The company faces risks from macroeconomic fluctuations that could impact the PCB industry demand and profitability[83] - The company is exposed to significant exchange rate risks due to its import and export transactions primarily settled in USD, influenced by international political and economic conditions[87] - The company faces increasing environmental costs due to stricter regulations on pollution control, which may adversely impact operational performance[86] Corporate Governance and Shareholder Engagement - The company held its annual general meeting with 100% participation from shareholders, indicating strong investor engagement[91] - There were no changes in the board of directors, supervisors, or senior management during the reporting period, ensuring stability in governance[92] - The company did not conduct any investor communication activities during the reporting period[88] - The company did not distribute cash dividends or issue bonus shares for the half-year period, reflecting a focus on reinvestment[93] Environmental Responsibility - The company has established an independent environmental protection department and is enhancing its investment in environmental protection measures[86] - The company has implemented a self-monitoring plan for environmental pollutants, including real-time monitoring of wastewater parameters such as flow, chemical oxygen demand, and ammonia nitrogen[102] - The company has classified and properly disposed of hazardous waste, including copper-containing waste liquids and sludge, in compliance with regulations[99] - The company has invested in pollution prevention facilities and measures to address wastewater, waste gas, solid waste, and noise pollution[98] - The company is committed to corporate social responsibility and actively participates in community support initiatives[106] Financial Position and Capital Structure - Total assets increased by 15.33% to ¥645,308,972.44 from ¥559,544,243.11 at the end of the previous year[22] - The company's equity increased to ¥420,350,412.84 from ¥377,617,013.22, reflecting an increase of 11.3%[157] - The company has ongoing projects in construction with an increase in construction in progress to ¥14,099,753.22 from ¥6,503,141.37, a rise of 116.5%[155] - The company reported a total of 78.68 million yuan in other equity instruments, indicating a stable position in this category[178] - The total capital reserve at the end of the reporting period was 420.35 million yuan, highlighting the company's strong capital position[178] Subsidiary Performance - The subsidiary Aiwel Circuit (Shenzhen) Co., Ltd. achieved revenue of 192,651,281.93 CNY and a net profit of 17,709,515.96 CNY during the reporting period[81] - The subsidiary Zhuhai Yatu Electronics Co., Ltd. reported revenue of 12,813,625.37 CNY and a net profit of 864,571.19 CNY[81] - The subsidiary Benchuan Technology (Hong Kong) Co., Ltd. generated revenue of 120,026,681.67 CNY with a net profit of 3,661,093.56 CNY[81] - The subsidiary Junling Circuit Board (Shenzhen) Co., Ltd. recorded revenue of 33,459,781.83 CNY and a net profit of 2,023,881.00 CNY[81]