Financial Performance - The company's operating revenue for 2022 was approximately ¥794.84 million, a decrease of 8.42% compared to ¥867.92 million in 2021[18]. - Net profit attributable to shareholders increased by 41.98% to approximately ¥102.63 million, up from ¥72.29 million in the previous year[18]. - The net cash flow from operating activities surged by 507.19% to approximately ¥192.79 million, compared to ¥31.75 million in 2021[18]. - Basic earnings per share rose by 21.23% to ¥1.4911, compared to ¥1.2300 in the previous year[18]. - Total assets at the end of 2022 were approximately ¥1.30 billion, reflecting a 1.49% increase from ¥1.28 billion at the end of 2021[18]. - The company's net assets attributable to shareholders increased by 4.75% to approximately ¥1.16 billion, compared to ¥1.11 billion in 2021[18]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which rose by 63.78% to approximately ¥110.49 million[18]. - The weighted average return on equity was 9.14%, down from 9.83% in the previous year[18]. - The average exchange rate of the US dollar was 6.7082, appreciating by 3.85% compared to the previous year, contributing to a foreign exchange gain of 32.57 million yuan[54]. - The company achieved operating revenue of 794.84 million yuan, a year-on-year decrease of 8.42%[53]. - The net profit attributable to shareholders increased by 41.98% to 102.63 million yuan, while the net profit after deducting non-recurring gains and losses rose by 63.78% to 110.49 million yuan[53]. - The gross margin for the video surveillance industry was 29.30% in 2022, an increase of 6.50% year-on-year[73]. - Domestic sales dropped significantly by 64.53% to CNY 35.78 million, while international sales decreased slightly by 1.07% to CNY 758.15 million[70]. Market Trends and Industry Insights - The total output value of the national security industry in 2022 was approximately 946 billion yuan, with a growth rate of 4.9%[31]. - The engineering/project output value accounted for 58% of the total industry output, while product output value was 30%[31]. - The global security industry market size is expected to reach 330.6 billion USD by 2026[31]. - The demand for video surveillance products is expected to grow significantly due to urbanization and the development of smart cities[32]. - The security industry is evolving towards intelligent and automated solutions, driven by advancements in AI and IoT technologies[33]. Research and Development - The company maintains a strong R&D capability, having filed for 3 invention patents and holding 22 valid invention patents as of December 31, 2022[43]. - The company has introduced new products such as a 256-channel intelligent HD network video recorder and a 32MP four-lens intelligent network camera during the reporting period[44]. - The company is committed to continuous technological innovation in video surveillance products and exploring related applications[44]. - The company’s R&D investment for 2022 reached CNY 87.95 million, accounting for 11.07% of total revenue, marking a continuous increase over the past three years[63]. - The number of R&D personnel increased by 15.33% to 301 in 2022, with a proportion of 24.55% of total employees[83]. - The company is focusing on expanding its product offerings and market presence in the security technology sector[98]. Strategic Initiatives and Future Plans - The company plans to distribute a cash dividend of ¥15 per 10 shares to all shareholders, with no bonus shares or capital reserve conversion[3]. - The company is actively expanding its professional security product line and consumer product line, enhancing its competitive position in the security video surveillance market[44]. - The company plans to continue expanding its product offerings and market presence in the security technology sector[98]. - The company aims to improve operational efficiency and decision-making processes with the new management team in place[131]. - The company plans to enhance its technology innovation system and improve research and innovation capabilities to maintain a competitive edge in the market[108]. - The company is exploring potential acquisitions to strengthen its technology portfolio, with a budget of up to 500 million RMB allocated for this purpose[187]. Governance and Compliance - The company adheres to strict governance practices, holding two shareholder meetings during the reporting period, ensuring compliance with relevant laws and regulations[118]. - The company emphasizes transparency in information disclosure, ensuring all shareholders have equal access to information and protecting the rights of minority investors[121]. - The company has maintained effective internal control systems, with no significant deficiencies reported in financial or non-financial reporting[170]. - The company is committed to maintaining transparency and governance standards following the recent changes in its board and management[130]. - The company will fulfill the commitments disclosed in the initial public offering prospectus[196]. Employee and Workforce Management - The company has a workforce of 1,226 employees, with 301 in R&D, accounting for 24.55% of the total[62]. - The company has a comprehensive salary management system that includes basic salary, position salary, and performance bonuses, aimed at aligning employee interests with company performance[157]. - The employee composition includes 592 production personnel, 301 technical personnel, and 55 sales personnel[156]. - The company has established a robust internal training mechanism to enhance core competitiveness, covering various aspects such as corporate culture and job skills[158]. Risks and Challenges - The company faced potential risks in future development as outlined in the management discussion section of the report[3]. - The company faces exchange rate risks due to its import and export business being settled in foreign currencies, which may fluctuate based on economic conditions[111]. - The company is exposed to raw material price volatility risks, as raw materials constitute a significant portion of its costs, potentially impacting profit margins[111]. - The global economic recovery is uncertain, with rising inflation and geopolitical conflicts potentially impacting the company's export business and overall operations[112]. - The company faces risks from intensified industry competition, necessitating timely and high-quality R&D of new technologies and products to maintain market competitiveness[112].

Major Financial Data [Core Financial Indicators](index=1&type=section&id=Item%20(I).%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2023, the company experienced significant performance decline, with operating revenue down 32.43% and net profit attributable to shareholders decreasing by 83.79%, while operating cash flow turned negative Key Financial Indicators for Q1 2023 | Indicator | Current Period (RMB) | Prior Period (RMB) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 124,325,966.33 | 184,002,584.88 | -32.43% | | Net Profit Attributable to Shareholders | 2,156,627.77 | 13,302,611.32 | -83.79% | | Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses | 2,258,650.48 | 17,765,201.43 | -87.29% | | Net Cash Flow from Operating Activities | -8,377,021.21 | 13,875,504.48 | -160.37% | | Basic Earnings Per Share (RMB/share) | 0.0313 | 0.1934 | -83.82% | | Total Assets | 1,285,235,516.74 | - | -1.37% (compared to end of prior year) | | Total Equity Attributable to Shareholders | 1,179,885,057.15 | - | 1.35% (compared to end of prior year) | [Analysis of Non-Recurring Gains and Losses](index=2&type=section&id=Item%20(II).%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) Non-recurring gains and losses totaled **-0.10 million RMB** in the current period, with minor impact on net profit, primarily comprising government subsidies, investment income from wealth management products, other non-operating income/expenses, and allocated share-based compensation costs Non-Recurring Gains and Losses Items for Q1 2023 | Item | Amount (RMB) | Explanation | | :--- | :--- | :--- | | Government Subsidies | 402,598.10 | Primarily government subsidies received during the reporting period | | Gains/Losses from Transactional Financial Assets/Liabilities | 1,320,438.39 | Primarily investment income from wealth management products realized during the reporting period | | Other Non-Operating Income and Expenses | 201,601.55 | Primarily income from written-off bad debts and customer mold and testing fees | | Other Gains/Losses Meeting the Definition of Non-Recurring | -1,713,385.65 | Primarily individual income tax handling fee refunds and allocated share-based compensation costs | | Less: Income Tax Impact | 313,275.10 | - | | **Total** | **-102,022.71** | - | [Changes and Reasons for Major Financial Data](index=2&type=section&id=Item%20(III).%20Changes%20and%20Reasons%20for%20Major%20Accounting%20Data%20and%20Financial%20Indicators) Financial data changes were driven by external market conditions and internal decisions, including declining US sales, reduced revenue and costs, adverse USD exchange rate impacts on financial expenses, and altered asset/cash flow structures from wealth management product redemptions [Reasons for Balance Sheet Item Changes](index=2&type=section&id=1.%20Reasons%20for%20Balance%20Sheet%20Item%20Changes) Major balance sheet changes reflect adjustments in current asset structure, with cash and cash equivalents significantly increasing by 39.95% and transactional financial assets decreasing by 84.61% due to the redemption of matured wealth management products - Cash and cash equivalents increased by **39.95%**, while transactional financial assets decreased by **84.61%**, primarily due to the redemption of matured wealth management products[8](index=8&type=chunk) - Contract liabilities decreased by **35.97%**, mainly due to a reduction in advance receipts[8](index=8&type=chunk) [Reasons for Income Statement Item Changes](index=3&type=section&id=2.%20Reasons%20for%20Income%20Statement%20Item%20Changes) Income statement changes show a 32.43% revenue decline due to US market sales, customer adjustments, and reduced procurement, while USD exchange rate fluctuations led to a 231.16% surge in financial expenses, eroding profit - Operating revenue decreased by **32.43%** primarily due to declining sales in the US market, internal business adjustments by customers, and reduced procurement in the current period due to some customers increasing inventory last year[9](index=9&type=chunk) - Financial expenses surged by **231.16%** year-over-year, mainly due to fluctuations in the USD exchange rate and changes in exchange gains and losses[9](index=9&type=chunk) - Investment income dramatically increased by **3910.76%** year-over-year, primarily due to higher returns from wealth management products purchased for cash management during the reporting period[9](index=9&type=chunk) [Reasons for Cash Flow Statement Item Changes](index=3&type=section&id=3.%20Reasons%20for%20Cash%20Flow%20Statement%20Item%20Changes) Cash flow structure changed significantly, with operating cash flow turning negative due to reduced sales and refunds, investing cash flow surging from product redemptions, and financing cash flow turning positive from share incentive payments - Net cash flow from operating activities decreased by **160.37%** year-over-year, primarily due to reduced export tax refunds and lower cash receipts from sales[10](index=10&type=chunk) - Net cash flow from investing activities increased by **2555.01%** year-over-year, mainly due to the redemption of matured wealth management products[10](index=10&type=chunk) - Net cash flow from financing activities increased by **240.58%** year-over-year, primarily due to the receipt of share incentive subscription payments[10](index=10&type=chunk) Shareholder Information [Shareholding Status](index=4&type=section&id=Item%20(I).%20Total%20Number%20of%20Common%20Shareholders%2C%20Number%20of%20Preferred%20Shareholders%20with%20Restored%20Voting%20Rights%2C%20and%20Top%20Ten%20Shareholders'%20Shareholding%20Status) As of period-end, the company had **10,089** common shareholders, with Beijing Lianzhong Yongsheng Sci-Tech Co., Ltd. as the largest (**32.72%** restricted stake), and the top ten including state-owned legal entities and domestic natural persons - As of the end of the reporting period, the company had **10,089** common shareholders[13](index=13&type=chunk) Top Five Shareholders' Shareholding Status | Shareholder Name | Shareholder Nature | Shareholding Percentage (%) | Number of Shares Held | | :--- | :--- | :--- | :--- | | Beijing Lianzhong Yongsheng Sci-Tech Co., Ltd. | Domestic Non-State-Owned Legal Entity | 32.72% | 22,528,000.00 | | Guangdong Provincial Technology Venture Capital Co., Ltd. | State-Owned Legal Entity | 5.99% | 4,123,000.00 | | Huiwen Tianfu (Suzhou) Investment Enterprise (Limited Partnership) | Domestic Non-State-Owned Legal Entity | 5.93% | 4,082,300.00 | | Guangdong Yuecai Venture Capital Co., Ltd. | State-Owned Legal Entity | 4.79% | 3,300,000.00 | | Xu Jin | Domestic Natural Person | 4.04% | 2,782,000.00 | [Changes in Restricted Shares](index=5&type=section&id=Item%20(III).%20Changes%20in%20Restricted%20Shares) During the reporting period, **2.97 million** shares, including those held by Zhuhai Xiaoliang Investment Partnership, Li Zhiyang, and Shen Lei, were released from restriction on February 6, 2023, reducing the total restricted shares to **0.10 million** at period-end Details of Changes in Restricted Shares | Shareholder Name | Restricted Shares at Beginning of Period | Shares Released from Restriction in Current Period | Restricted Shares at End of Period | | :--- | :--- | :--- | :--- | | Zhuhai Xiaoliang Investment Partnership (Limited Partnership) | 917,000 | 814,000 | 103,000 | | Li Zhiyang | 1,330,000 | 1,330,000 | 0 | | Shen Lei | 825,000 | 825,000 | 0 | | **Total** | **3,072,000** | **2,969,000** | **103,000** | Other Significant Matters - The company had no other significant matters requiring disclosure during the reporting period[16](index=16&type=chunk) Quarterly Financial Statements [Financial Statements](index=5&type=section&id=Item%20(I).%20Financial%20Statements) This section presents the company's unaudited Q1 2023 consolidated balance sheet, income statement, and cash flow statement, detailing the financial position at period-end, operating results, and cash flows for the reporting period [Consolidated Balance Sheet](index=5&type=section&id=1.%20Consolidated%20Balance%20Sheet) As of March 31, 2023, total assets were **1.29 billion RMB** (down **1.37%**), total liabilities **0.11 billion RMB** (down **24.23%**), and parent equity **1.18 billion RMB** (up **1.35%**), indicating a stable structure Key Balance Sheet Items | Item | Period-End Balance (RMB) | Year-Beginning Balance (RMB) | | :--- | :--- | :--- | | Total Assets | 1,285,235,516.74 | 1,303,141,022.70 | | Total Liabilities | 105,015,539.88 | 138,593,627.02 | | Total Equity Attributable to Parent Company | 1,179,885,057.15 | 1,164,161,540.26 | [Consolidated Income Statement](index=7&type=section&id=2.%20Consolidated%20Income%20Statement) In Q1 2023, total operating revenue decreased by **32.43%** to **0.12 billion RMB**, total costs fell **26.24%** to **0.13 billion RMB**, and net profit attributable to the parent company significantly declined by **83.79%** to **2.16 million RMB**, reflecting weakened profitability Key Income Statement Items | Item | Amount for Current Period (RMB) | Amount for Prior Period (RMB) | | :--- | :--- | :--- | | Total Operating Revenue | 124,325,966.33 | 184,002,584.88 | | Total Operating Costs | 125,592,744.26 | 170,260,964.85 | | Operating Profit | -546,736.71 | 13,416,274.79 | | Net Profit | 2,105,692.06 | 13,302,611.32 | | Net Profit Attributable to Parent Company | 2,156,627.77 | 13,302,611.32 | [Consolidated Cash Flow Statement](index=9&type=section&id=3.%20Consolidated%20Cash%20Flow%20Statement) In Q1 2023, operating cash flow turned negative to **-8.38 million RMB** due to reduced sales, investing cash flow was **0.22 billion RMB** from redemptions, financing cash flow was **11.68 million RMB**, and cash equivalents totaled **0.77 billion RMB** Key Cash Flow Statement Items | Item | Amount for Current Period (RMB) | Amount for Prior Period (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -8,377,021.21 | 13,875,504.48 | | Net Cash Flow from Investing Activities | 218,273,687.39 | 8,221,193.94 | | Net Cash Flow from Financing Activities | 11,677,332.35 | -8,306,564.81 | | Net Increase in Cash and Cash Equivalents | 219,925,466.11 | 13,374,681.44 | [Audit Report](index=10&type=section&id=Item%20(II).%20Audit%20Report) The company's Q1 2023 financial report is unaudited - The company's first-quarter report is unaudited[27](index=27&type=chunk)

出席本次业绩说明会的人员有：董事、总经理李志洋先生，董事、 副总经理、董事会秘书兼财务负责人申雷先生，独立董事林俊先生， 证券事务代表邹小蓉女士。 证券代码：301042 证券简称：安联锐视 公告编号：2023-009 珠海安联锐视科技股份有限公司 关于举行 2022 年度业绩网上说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 珠海安联锐视科技股份有限公司（以下简称"公司"）已于 2023 年 4月19日在巨潮资讯网（http://www.cninfo.com.cn）披露了《2022 年年度报告》及其摘要。 为便于广大投资者更深入了解公司经营情况，公司定于 2023 年 4 月 26 日（星期三）15:00-17:00 在全景网举办 2022 年度业绩网上 说明会，本次年度业绩说明会将采用网络远程的方式举行，投资者可 登录全景网"投资者关系互动平台"（http://ir.p5w.net）参与本次 业绩网上说明会。 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业 绩网上说明会提前向投资者公开征集问题，广泛听取投资者的意见和 建议。投 ...

珠海安联锐视科技股份有限公司 2022 年第三季度报告 证券代码：301042 证券简称：安联锐视 公告编号：2022-061 珠海安联锐视科技股份有限公司 2022 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 □是 否 1 珠海安联锐视科技股份有限公司 2022 年第三季度报告 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 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 236,251,675.06 | -14. ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥394,686,843.40, representing a 2.94% increase compared to ¥383,422,423.34 in the same period last year[19]. - Net profit attributable to shareholders was ¥47,010,883.83, a significant increase of 56.07% from ¥30,122,513.20 in the previous year[19]. - The net profit after deducting non-recurring gains and losses reached ¥51,521,033.88, marking an 85.51% increase from ¥27,772,407.99 in the prior year[19]. - The net cash flow from operating activities improved to ¥83,189,521.12, a remarkable turnaround from a negative cash flow of ¥55,971,471.88 in the same period last year, representing a 248.63% increase[19]. - Basic earnings per share rose to ¥0.6828, reflecting a 16.96% increase compared to ¥0.5838 in the previous year[19]. - The gross profit margin for products and services was 27.13%, an increase of 5.35% compared to the previous year[54]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the first half of 2022, representing a 25% year-over-year growth[139]. - The company reported a revenue of 1.2 billion RMB for the first half of 2022, representing a year-over-year growth of 15%[104]. - The company reported a significant increase in revenue for the first half of 2022, achieving a total of 500 million RMB, representing a growth of 25% year-over-year[143]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,264,277,019.98, a decrease of 1.54% from ¥1,284,068,748.47 at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 1.10% to ¥1,099,061,625.30 from ¥1,111,341,636.34 at the end of the previous year[19]. - Cash and cash equivalents at the end of the reporting period amounted to ¥618,149,582.15, representing 48.89% of total assets, a decrease of 3.30% compared to the previous year[55]. - Accounts receivable increased to ¥161,775,916.63, accounting for 12.80% of total assets, an increase of 0.77% year-on-year[55]. - Inventory decreased to ¥201,479,747.06, making up 15.94% of total assets, a decline of 2.01% from the previous year[55]. - Total liabilities as of June 30, 2022, were not fully detailed, but accounts payable decreased to CNY 92,767,318.91 from CNY 102,952,771.17, indicating a reduction of about 9.8%[200]. Investment and R&D - The company’s R&D investment increased by 99.92% to CNY 41.86 million, driven by rising labor costs and stock incentive costs[52]. - Research and development investments have increased by 30%, totaling 200 million RMB, to enhance product offerings and technological advancements[97]. - The company is investing 200 million RMB in R&D for new technologies, focusing on AI and machine learning applications[108]. - The company is focusing on enhancing its R&D investment, with a planned increase of 20% in the R&D budget for 2023 to improve product efficiency and reduce costs[149]. Market Strategy and Expansion - The company is adopting an AIOT strategy to enhance product intelligence and networking capabilities, aligning with industry trends[29]. - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by the end of 2023[96]. - Market expansion efforts include entering two new international markets by the end of 2022, targeting a 5% market share in each[104]. - The company is actively pursuing mergers and acquisitions to strengthen its market position, with a target of completing at least one acquisition by the end of 2022[149]. - A strategic partnership has been established with a leading tech firm, expected to enhance product distribution and customer reach[99]. Shareholder and Stock Management - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[4]. - The company reported a net asset value per share that is subject to adjustment based on profit distribution and capital increase events[120]. - The company will notify the stock exchange in writing about any planned share reductions at least 15 trading days in advance, detailing the number of shares, sources, and reasons for the reduction[102]. - The company will ensure that any share reductions comply with relevant laws and regulations, including the methods of trading[102]. - The company has committed to fulfilling its obligations regarding stock repurchase and shareholding increases as per the approved stabilization plan[129]. Risks and Challenges - The company faces foreign exchange risk due to its import and export business primarily settled in foreign currencies, which may fluctuate significantly[72]. - The company is exposed to risks from raw material price volatility, which could impact production costs and profit margins[74]. - The global economic recovery remains uncertain, influenced by ongoing COVID-19 challenges, rising inflation, and geopolitical conflicts[75]. - The company acknowledges intensified industry competition and emphasizes the need for timely R&D and product innovation to maintain competitiveness[76]. - The company is at risk of losing core technical talent due to increasing competition for skilled personnel in the industry[77]. Corporate Governance and Compliance - The company reported a participation rate of 74.60% in its first extraordinary shareholders' meeting of 2022, with all resolutions passed without opposition[81]. - The company has maintained a stable workforce during the reporting period, with no significant turnover of key personnel[77]. - The company has not engaged in any derivative investments during the reporting period[66]. - The company has not reported any changes in fundraising project situations during the reporting period[64]. - The company emphasizes adherence to legal and regulatory frameworks in its operations and commitments[131].

Financial Performance - The company's operating revenue for 2021 was CNY 867,920,910.23, a decrease of 7.78% compared to CNY 941,122,072.64 in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 72,285,726.45, down 9.86% from CNY 80,188,639.01 in the previous year[20]. - The basic earnings per share for 2021 were CNY 1.2300, a decrease of 20.85% from CNY 1.5540 in 2020[20]. - The weighted average return on equity for 2021 was 9.83%, down from 19.69% in the previous year[20]. - The company achieved operating revenue of 867.92 million yuan, a year-on-year decrease of 7.78%[40]. - Net profit attributable to shareholders was 72.29 million yuan, down 9.86% year-on-year[53]. - The company reported a net profit of 4,824,901.76 yuan for 2021, a decrease of 23.0% compared to 6,259,432.98 yuan in 2020[26]. - The company reported a total revenue of 825 million in 2021, marking a significant increase compared to the previous year[110]. - The company reported a significant increase in revenue for 2021, achieving a total of 1.5 billion RMB, representing a year-over-year growth of 25%[169]. Cash Flow and Assets - The net cash flow from operating activities increased significantly to CNY 31,751,658.16, a 353.54% increase compared to CNY 7,000,822.33 in 2020[20]. - The total assets at the end of 2021 reached CNY 1,284,068,748.47, representing a 73.78% increase from CNY 738,903,997.92 at the end of 2020[20]. - The company's cash and cash equivalents increased to ¥670,167,471.10 at the end of 2021, up from ¥135,683,871.01 at the beginning of the year, marking a 33.83% increase[77]. - The net cash flow from financing activities surged to ¥522,778,615.94 in 2021, a dramatic increase of 1,496.92% compared to ¥32,736,640.60 in 2020, primarily due to funds raised from the company's IPO[75]. - The company's total assets included ¥154,494,776.10 in accounts receivable, which decreased by 13.61% from ¥189,423,914.63 in 2020, attributed to a decline in sales[77]. Research and Development - The company has a total of 1,256 employees as of the end of 2021, with 261 dedicated to research and development, indicating a strong focus on innovation[37]. - The company has maintained high R&D investment levels, ensuring a competitive edge in technological innovation[37]. - Research and development expenses for 2021 were ¥52,730,673.98, a slight decrease of 2.59% from ¥54,131,966.17 in 2020[70]. - The number of R&D personnel increased to 261 in 2021, a rise of 6.10% from 246 in 2020, with R&D staff now constituting 20.78% of the total workforce[74]. - The company plans to increase R&D investment in AI, data security, and cloud platforms in 2022[57]. - The company is actively developing new products, including a 5G smart vehicle monitoring system aimed at enhancing real-time monitoring capabilities[73]. - The company is focusing on expanding its wireless monitoring product line to meet diverse market demands[72]. Market Position and Strategy - The company ranked 23rd in the global security industry according to a&s "Top 50 Global Security" report[32]. - The company operates in the security video surveillance industry, which has seen a stable growth trend with an average annual growth rate of over 10% during the 13th Five-Year Plan period[30]. - The total output value of China's security industry reached approximately 795 billion yuan in 2020, with video surveillance accounting for about 55%[30]. - The company is positioned to benefit from new policies promoting the integration of AI and big data in security applications, expanding market opportunities[34]. - The company is actively working to increase its domestic sales proportion, which remains relatively small compared to its overseas sales[50]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[114]. - A strategic acquisition of a local tech firm is expected to enhance the company's technological capabilities and product offerings[115]. Operational Efficiency - The company maintained a gross margin of 22.80% in the video surveillance industry, slightly down by 0.41% from the previous year[64]. - The company aims to reduce operational costs by 5% through process optimization in the next fiscal year[118]. - The company aims to reduce operational costs by 10% through efficiency improvements and automation[121]. - The company is focusing on improving operational efficiency, with a target to reduce costs by 10% over the next fiscal year[170]. Shareholder and Investor Relations - The company plans to distribute a cash dividend of CNY 10.00 per 10 shares to all shareholders[5]. - The cash dividend accounted for 100% of the total distributable profit of ¥295,586,556.78, adhering to the minimum requirement of 20% for profit distribution[141]. - The company has established a diversified investor communication strategy to safeguard the interests of investors, particularly small and medium-sized investors[102]. - The company emphasizes the importance of enhancing management responsibility and employee motivation through equity incentives[90]. - The company has committed to fulfilling its obligations to compensate for any dilution of immediate returns, barring force majeure events[185]. Compliance and Governance - The company adheres to strict internal control management practices to prevent and address operational risks[100]. - The company ensures transparency and accuracy in information disclosure, complying with relevant laws and regulations to protect investor rights[101]. - The company has a clear governance structure in compliance with relevant laws and regulations, with no significant discrepancies[103]. - The company has established an independent financial department with a complete financial accounting system, ensuring no shared bank accounts with controlling shareholders[105]. - The company has not reported any related party transactions that could significantly impact its independence[106]. Future Outlook - The company projects a revenue growth of 15% for the upcoming fiscal year, driven by new product launches and market expansion strategies[112]. - The company provided a positive outlook for 2022, projecting a revenue growth of 20% to 1.8 billion RMB, driven by new product launches and market expansion strategies[171]. - The company plans to enhance its technology innovation system and develop more competitive new products to expand its market share in the security video surveillance industry[89]. - The company aims to enhance customer engagement through improved digital platforms, expecting a 20% increase in user interaction metrics[170].

Financial Performance - The company's revenue for Q1 2022 was ¥184,002,584.88, representing an increase of 11.62% compared to ¥164,849,043.01 in the same period last year[3] - Net profit attributable to shareholders was ¥13,302,611.32, up 7.36% from ¥12,390,567.89 year-on-year[3] - The net profit after deducting non-recurring gains and losses surged by 60.97% to ¥17,765,201.43 from ¥11,036,089.85 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 184,002,584.88, an increase of 11.9% compared to CNY 164,849,043.01 in the same period last year[17] - Net profit for Q1 2022 reached CNY 13,302,611.32, representing a 7.4% increase from CNY 12,390,567.89 in Q1 2021[18] Cash Flow - The net cash flow from operating activities improved significantly to ¥13,875,504.48, a 223.20% increase from a negative cash flow of -¥11,262,842.54 in the same quarter last year[3] - The company reported a total cash inflow from operating activities of CNY 226,019,095.37, compared to CNY 278,678,539.76 in Q1 2021[22] - The net cash flow from financing activities was -8,306,564.81, compared to -11,701,781.71 in the previous period, indicating a decrease in cash outflow[23] - The cash and cash equivalents at the end of the period amounted to 683,542,152.58, up from 135,683,871.01 at the beginning of the period, showing a significant increase[23] - The net increase in cash and cash equivalents was 13,374,681.44, contrasting with a decrease of 24,289,666.25 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,253,525,085.96, a decrease of 2.38% from ¥1,284,068,748.47 at the end of the previous year[3] - The company's equity attributable to shareholders increased by 1.72% to ¥1,130,466,847.20 from ¥1,111,341,636.34 at the end of the previous year[3] - Accounts receivable decreased to ¥140,577,366.93 from ¥154,494,776.13, reflecting a decline of approximately 9%[13] - Inventory decreased to ¥210,011,974.14 from ¥230,514,238.92, indicating a reduction of about 9%[13] - Total current liabilities decreased to ¥116,787,257.65 from ¥166,048,806.22, a reduction of approximately 30%[14] - The company reported a total non-current liability of ¥6,270,981.11, down from ¥6,678,305.91[14] Expenses - Research and development expenses rose by 61.50% to ¥19,715,127.06, primarily due to changes in the R&D bonus accrual policy and the allocation of stock incentive costs[6] - Sales expenses increased by 47.11% to ¥4,869,872.89, driven by overseas market expansion service fees and increased costs related to stock incentives and exhibitions[6] - Total operating costs for Q1 2022 were CNY 170,260,964.85, up 8.3% from CNY 157,131,696.55 in Q1 2021[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,187[9] - The largest shareholder, Beijing Lianzhong Yongsheng Technology Co., Ltd., holds 32.72% of shares, totaling 22,528,000 shares[9] Other Information - The weighted average return on equity decreased to 1.19% from 2.76% in the previous year, reflecting a decline in profitability[3] - The company has not reported any new product or technology developments in this quarter[12] - There are no significant market expansion or acquisition strategies mentioned in the report[12] - The first quarter report was not audited, which may affect the reliability of the financial data presented[24] - The basic earnings per share for Q1 2022 was CNY 0.1934, down from CNY 0.2401 in the same period last year[19] - The impact of exchange rate changes on cash and cash equivalents was -415,452.17, compared to a positive impact of 215,231.34 previously[23] - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[18]

Revenue and Profit - The company's revenue for Q3 2021 was ¥275,601,360.01, a decrease of 9.10% compared to the same period last year[3] - Net profit attributable to shareholders was ¥27,878,219.90, an increase of 44.31% year-on-year[3] - The basic earnings per share for Q3 2021 was ¥0.4862, reflecting a growth of 29.88% compared to the previous year[3] - In the first three quarters of 2021, the company achieved operating revenue of RMB 659.02 million, a year-on-year decrease of 2.14%[14] - The company's net profit attributable to shareholders was RMB 58.00 million, an increase of 8.15% year-on-year[14] - Net profit for Q3 2021 was CNY 58,000,733.10, an increase of 8.1% compared to CNY 53,629,609.97 in Q3 2020[23] - Basic and diluted earnings per share for Q3 2021 were both CNY 1.0839, up from CNY 1.0393 in the previous year[24] Assets and Equity - Total assets at the end of Q3 2021 reached ¥1,293,561,197.39, representing a 75.06% increase from the end of the previous year[3] - The company's total equity attributable to shareholders increased by 147.61% to ¥1,094,967,547.12 compared to the previous year[3] - As of September 30, 2021, total assets reached RMB 1,293.56 million, compared to RMB 738.90 million at the end of 2020[20] - Total equity increased significantly to CNY 1,094,967,547.12 from CNY 442,217,110.32 in the previous year[22] Cash Flow - The company reported a cash flow from operating activities of -¥105,881,988.68, which is a 53.34% increase in cash outflow compared to the same period last year[10] - Cash inflow from operating activities totaled CNY 729,479,922.06, compared to CNY 629,228,036.30 in the same period last year, reflecting a growth of 15.9%[26] - Cash outflow from operating activities was CNY 835,361,910.74, an increase from CNY 698,279,653.42 year-on-year[26] - The net cash flow from operating activities for Q3 2021 was -105,881,988.68 CNY, compared to -69,051,617.12 CNY in the same period last year, indicating a decline in operational cash flow[27] - The net cash flow from investing activities was -4,742,827.36 CNY, a significant decrease from -52,170,841.43 CNY year-over-year, reflecting reduced investment outflows[27] - The net cash flow from financing activities increased to 594,375,787.28 CNY, compared to 14,404,332.85 CNY in the previous year, showing a strong inflow from financing[27] - The total cash and cash equivalents at the end of Q3 2021 stood at 618,030,782.42 CNY, up from 49,481,281.84 CNY at the end of Q3 2020, indicating a substantial increase in liquidity[27] Expenses and Costs - The company’s inventory increased by 45.62% to ¥257,803,303.83, attributed to strategic stockpiling of raw materials[7] - The company’s financial expenses decreased by 59.80% to ¥1,984,536.93, mainly due to smaller exchange rate fluctuations[9] - Research and development expenses amounted to RMB 35.70 million, a decrease of 6.80% compared to the previous year[14] - Research and development expenses were CNY 35,703,281.55, down from CNY 38,306,613.10 year-on-year, indicating a focus on cost management[22] - Total operating costs decreased by 1.0% to CNY 602,479,574.22 from CNY 611,035,085.53 year-on-year[22] Financing Activities - The company raised ¥594,375,787.28 through public stock issuance, marking a 4026.37% increase in cash flow from financing activities[10] - The company received 671,361,773.58 CNY from investment inflows during the financing activities, marking a significant increase compared to the previous year[27] - The cash outflow for repaying debts was 101,252,542.54 CNY, which is higher than 59,203,522.59 CNY in the same quarter last year, indicating increased debt servicing[27] Government Support and Other Income - The company received government subsidies amounting to ¥1,904,935.03 during the reporting period, which is part of its non-recurring gains[5] Audit and Reporting - The Q3 2021 report was not audited, which may affect the reliability of the financial data presented[30] - The company has not made any adjustments to prior period comparative data under the new leasing standards, indicating stability in financial reporting practices[30] - The company did not require adjustments to the beginning balance sheet items due to the new leasing standards implemented in 2021, as there were no significant lease assets other than short-term leases[29]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥383,422,423.34, representing a 3.56% increase compared to ¥370,241,825.60 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2021 was ¥30,122,513.20, a decrease of 12.21% from ¥34,311,699.96 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥27,772,407.99, down 15.16% from ¥32,736,852.78 in the same period last year[18]. - The basic earnings per share for the first half of 2021 was ¥0.5838, down 12.21% from ¥0.6650 in the same period last year[18]. - The company's total revenue for the reporting period was CNY 383,165,831.40, representing a year-on-year increase of 22.95%[36]. - Domestic sales amounted to CNY 34,937,260.10, up 16.93% year-on-year, while foreign sales reached CNY 348,485,163.24, an increase of 23.58%[36]. - Total operating revenue for the first half of 2021 reached ¥383,422,423.34, an increase of 3.2% compared to ¥370,241,825.60 in the same period of 2020[122]. - Net profit for the first half of 2021 was ¥30,122,513.20, a decrease of 12.8% from ¥34,311,699.96 in the first half of 2020[124]. Cash Flow and Financial Position - The net cash flow from operating activities was -¥55,971,471.88, which is a 10.99% decline compared to -¥50,427,558.96 in the previous year[18]. - The company's cash and cash equivalents decreased by 31.26% to CNY -64,536,630.31, primarily due to the impacts of operating, investing, and financing activities[35]. - Cash inflow from operating activities totaled CNY 467,267,863.78 in the first half of 2021, an increase of 25.9% from CNY 371,174,512.28 in the first half of 2020[131]. - Cash outflow from operating activities was CNY 523,239,335.66, up from CNY 421,602,071.24 in the previous year, resulting in a net cash flow from operating activities of -CNY 55,971,471.88[131]. - The ending balance of cash and cash equivalents was CNY 71,147,240.70, an increase from CNY 62,965,639.32 at the end of the first half of 2020[132]. Assets and Liabilities - The total assets at the end of the reporting period were ¥744,623,013.91, reflecting a 0.77% increase from ¥738,903,997.92 at the end of the previous year[18]. - The company's total liabilities decreased to ¥266,295,302.85 from ¥294,712,061.28, indicating a reduction of approximately 9.7%[121]. - Total equity increased to ¥471,468,164.52 from ¥440,831,358.85, representing a growth of about 6.9%[121]. - The company's short-term borrowings rose by 0.29% to CNY 64,691,613.20, with no significant changes reported[37]. - The company's contract liabilities increased by 1.52% to CNY 28,444,789.86, indicating a rise in advance payments received[37]. Research and Development - Research and development expenses decreased by 13.75% to 20.94 million yuan, reflecting a strategic adjustment in R&D investment[33]. - The company plans to enhance R&D investment in high-definition, network, and intelligent products to maintain competitiveness in the rapidly evolving security video monitoring market[46]. - The company emphasizes talent retention and plans to expand its R&D team, including establishing a deep learning and data standards team to enhance overall R&D capabilities[52]. Market and Operations - The company established strategic partnerships with leading chip suppliers SigmaStar and Novateck to mitigate supply chain risks due to the shortage of HiSilicon chips[30]. - The company launched several new consumer market products, including a low-power battery kit and full-color digital HD series, to meet market demands[30]. - The overall security video surveillance industry in China has seen an average annual growth of 10% over the past decade, with a total output value of 851 billion yuan in 2020[26]. - The company is focusing on AI applications in various scenarios, enhancing the intelligence level of its products through the development of features like crowd analysis and non-contact attendance[31]. Shareholder and Corporate Governance - The company plans to distribute a cash dividend of ¥8 per 10 shares, totaling ¥55,040,000 based on 68,800,000 shares[4]. - The company is currently fulfilling commitments related to share lock-up agreements, with a duration of 36 months from the date of listing for major shareholders[67]. - Major shareholders, including Guangdong Science and Technology Venture Capital Co., Ltd., are also fulfilling commitments related to share lock-up for 12 months from the date of listing[68]. - The company has made commitments to stabilize stock prices, which are being fulfilled for a period of three years from the date of stock listing[69]. - The company reported a commitment to fulfill its obligations to minority shareholders in a timely manner[71]. Compliance and Legal Matters - The semi-annual financial report was not audited[74]. - There were no major litigation or arbitration matters during the reporting period[76]. - The integrity status of the company and its controlling shareholders was good, with no significant debts unpaid[78]. - The company did not engage in any significant related party transactions during the reporting period[79]. Accounting Policies - The company's accounting policies are in accordance with the relevant enterprise accounting standards, ensuring accurate financial reporting[165]. - The company uses Renminbi as its functional currency for accounting purposes[169]. - The company recognizes expected credit losses for financial assets based on significant increases in credit risk since initial recognition, measuring losses over the entire lifetime if risk has increased significantly[198].