Financial Performance - The company's revenue for Q1 2022 was CNY 132,101,918.52, representing a 20.07% increase compared to CNY 110,021,294.68 in the same period last year[3] - Net profit attributable to shareholders decreased by 13.88% to CNY 10,870,021.13 from CNY 12,622,550.30 year-on-year[3] - The net profit after deducting non-recurring gains and losses fell by 31.14% to CNY 8,779,913.16 compared to CNY 12,750,640.29 in the previous year[3] - Basic and diluted earnings per share dropped by 35.16% to CNY 0.2010 from CNY 0.310 in the previous year[3] - Operating profit for Q1 2022 was CNY 12,185,471.79, down from CNY 13,897,797.42 in the same period last year, reflecting a decline of 12.3%[18] - The company reported a total profit of CNY 12,180,606.74 for Q1 2022, a decrease of 12.3% from CNY 13,891,412.72 in the same period last year[18] Cash Flow - The net cash flow from operating activities decreased by 23.76% to CNY 14,663,533.10 from CNY 19,232,275.23 in the same period last year[3] - Cash flow from operating activities for Q1 2022 was CNY 14,663,533.10, down 23.5% from CNY 19,232,275.23 in Q1 2021[22] - Investment activities generated a net cash inflow of CNY 89,617,042.21, a turnaround from a net outflow of CNY 21,881,189.02 in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,021,231,354.96, a decrease of 5.07% from CNY 1,075,786,449.46 at the end of the previous year[3] - Total liabilities decreased to CNY 185,887,032.53 from CNY 252,969,236.84, a reduction of 26.5%[14] - The company's equity attributable to shareholders increased to CNY 835,344,322.43 from CNY 822,817,212.62, a growth of 1.9%[15] Research and Development - The company's R&D expenses increased by 48.44% to CNY 8,258,675.29, reflecting a commitment to expanding its R&D team and efforts[8] - Research and development expenses increased to CNY 8,258,675.29, representing a 48.5% rise from CNY 5,563,707.88 in Q1 2021[17] Investment Income - Investment income surged by 11,289.26% to CNY 1,776,725.21, primarily due to increased returns from financial products and forward foreign exchange settlements[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,003[10] Inventory and Receivables - Inventory at the end of Q1 2022 was CNY 137,348,325.24, an increase of 10.0% from CNY 124,124,803.82 at the beginning of the year[13] - Accounts receivable decreased to CNY 109,870,362.12 from CNY 155,758,049.38, a decline of 29.5%[13] Cash and Cash Equivalents - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 447,458,144.67, up from CNY 370,172,725.65 at the beginning of the year, reflecting a growth of 20.9%[13] - Cash and cash equivalents at the end of Q1 2022 totaled CNY 445,559,144.67, compared to CNY 91,565,567.32 at the end of Q1 2021, indicating a significant increase[22] Foreign Exchange Impact - The company experienced a foreign exchange loss of CNY 1,006,272.68 in Q1 2022, compared to a gain of CNY 578,543.04 in Q1 2021[22]

Financial Performance - The company reported a profit distribution plan of 10.00 RMB (including tax) per 10 shares, based on a total of 54,020,000 shares[5]. - The company's operating revenue for 2021 was ¥569,292,340.80, representing a 7.31% increase compared to ¥530,512,695.41 in 2020[18]. - The net profit attributable to shareholders decreased by 19.43% to ¥53,500,709.81 in 2021 from ¥66,406,644.14 in 2020[18]. - The net profit after deducting non-recurring gains and losses was ¥50,037,606.07, down 22.91% from ¥64,911,513.39 in the previous year[18]. - The net cash flow from operating activities was ¥52,164,814.24, a decline of 33.25% compared to ¥78,147,032.96 in 2020[18]. - The total assets at the end of 2021 reached ¥1,075,786,449.46, a significant increase of 187.77% from ¥373,829,288.06 at the end of 2020[18]. - The net assets attributable to shareholders rose by 340.75% to ¥822,817,212.62 at the end of 2021 from ¥186,686,876.74 at the end of 2020[18]. - The basic earnings per share decreased by 25.61% to ¥1.220 in 2021 from ¥1.640 in 2020[18]. - The weighted average return on equity dropped to 14.90% in 2021 from 42.89% in 2020, reflecting a 27.99% decline[18]. - The company reported a total of ¥3,463,103.74 in non-recurring gains for 2021, compared to ¥1,495,130.75 in 2020[23]. Market Position and Industry Trends - The company operates in the computer peripheral manufacturing industry, which is experiencing rapid growth due to increasing demand for signal conversion and expansion products[28]. - The company has established a strong competitive advantage in the Type-C signal conversion and expansion product sector, being one of the early developers of such products, which has led to stable revenue growth in recent years[35]. - The signal conversion and expansion products are primarily used in smart mobile communications, PCs, audio-visual equipment, and smart home devices, indicating a broad market demand[36]. - The company anticipates that the proportion of Type-C signal conversion and expansion products will continue to increase as Type-C interfaces become more prevalent in the market[31]. - The overall scale of China's ultra-high-definition video industry is expected to exceed 4 trillion yuan by 2022, which may positively impact the demand for related signal conversion products[32]. - The market for signal conversion and expansion products is projected to have significant growth potential, driven by the increasing adoption of smart appliances and electronic devices[36]. Research and Development - The company has invested in R&D and technology accumulation, resulting in high reliability, compatibility, and quality of its mid-to-high-end signal conversion products[35]. - The company has a strong focus on R&D, having built a comprehensive management system and introduced an integrated development system, which allows for the rapid development of signal conversion and expansion products[44]. - The company has identified key technical challenges in product development, including achieving a balance between integration, reliability, and heat control while maintaining aesthetic appeal[46]. - The company has a dedicated R&D team that focuses on layout, structure, and process technologies to enhance product development and customer responsiveness[46]. - The company has developed customized automated testing equipment to improve production efficiency and quality control, significantly enhancing detection accuracy[59]. - The company achieved mass production of video codec display effect enhancement technology, which is expected to enhance its product development capabilities in video conversion technology[79]. - The company is focusing on enhancing its core technology research capabilities in wireless transmission and video capture card fields, which is expected to increase its market share[81]. Product Development and Innovation - The company reported a significant expansion in its product line, including 13-in-1 and 15-in-1 docking stations, enhancing compatibility with various devices and supporting resolutions up to 4K@60Hz[40]. - The company introduced a USB-C to HDMI converter capable of supporting 8K@60Hz and 4K@144Hz, targeting high-end gaming and home theater markets[38]. - The new USB-C to 2.5G Ethernet adapter offers plug-and-play functionality with speeds up to 2.5Gbps, enhancing connectivity for laptops and tablets[38]. - The digital signal expansion dock features high-performance capabilities for ultra-high-definition video transmission and high-speed data transfer, addressing the demand for multifunctional devices[38]. - The company aims to capture the growing market for portable and multifunctional docking solutions, particularly for the 2021 MacBook Pro models[40]. - The company has developed a nine-in-one docking station that supports a maximum resolution of 4K at 60Hz and offers data transfer speeds of up to 5Gbps through three USB-A ports[41]. Sales and Revenue - The company’s sales are expected to peak in the fourth quarter due to seasonal demand during major holidays and promotional periods[34]. - In 2021, the company achieved operating revenue of 569.29 million yuan, a year-on-year increase of 7.31%, with signal conversion products contributing 477.41 million yuan, up 7.02%[63]. - Revenue from overseas markets was ¥366,694,768.22, making up 64.41% of total revenue, with a year-on-year increase of 7.32%[71]. - The signal conversion expansion products generated ¥477,406,584.31, accounting for 83.86% of total revenue, with a growth of 7.02% from ¥446,091,854.71 in 2020[71]. - The company’s top five customers accounted for 57.40% of total sales, with total sales amounting to ¥326,760,866.64[76]. Corporate Governance - The board of directors consists of 5 members, including 2 independent directors, complying with legal and regulatory requirements[117]. - The company has established a performance evaluation system and compensation policy, continuously improving its effectiveness[118]. - The company maintains independent operations in assets, personnel, finance, and business, ensuring no interference from controlling shareholders[120]. - The company has a governance structure that does not involve any differential voting rights arrangements[125]. - The company has a total of three independent directors, enhancing its governance framework[129][130]. Shareholder Relations and Commitments - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of its IPO[177]. - The lock-up period for shares will automatically extend by 6 months if the closing price remains below the issue price for 20 consecutive trading days within the first 6 months post-IPO[179]. - The company has established specific conditions for initiating stock buyback measures, including a requirement for the stock price to be below the audited net asset value[184]. - The company has outlined a clear strategy for managing stock price fluctuations through both buybacks and shareholder commitments[184]. - The company has implemented stock price stabilization measures, which include a share buyback plan if the stock price remains below the audited net asset value per share for 20 consecutive trading days[184]. Internal Control and Compliance - The company has established a robust internal control system, continuously improving and optimizing it to adapt to changing external and internal requirements[163]. - There were no significant defects identified in the internal control over financial reporting as of the evaluation report date[164]. - The internal control self-evaluation report was fully disclosed on April 19, 2022, indicating that all evaluated units accounted for 100% of the company's consolidated assets and revenues[166]. - The company has maintained effective internal controls in all significant aspects, with no major defects found in non-financial reporting controls[164]. Employee Relations and Welfare - The company emphasizes employee welfare, providing a safe working environment and opportunities for professional development[174]. - The company implemented a performance-based salary system in 2021 to enhance individual skills and performance, promoting a meritocratic culture[147]. - A stock incentive plan was established to attract and retain talent, alongside a comprehensive benefits and vacation system to enhance employee satisfaction[147]. - The total number of employees at the end of the reporting period is 828, with 483 in the parent company and 345 in major subsidiaries[145].

深圳市显盈科技股份有限公司 2021 年第三季度报告 证券代码：301067 证券简称：显盈科技 公告编号：2021-011 深圳市显盈科技股份有限公司 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 □ 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 | 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） | 143,844,801.59 | -1.40% | 375,686,837.76 | 3.3 ...