Group 1: Company Overview and Business Model - The company has a unique competitive advantage based on its leading precision mold design and manufacturing technology, providing comprehensive manufacturing services tailored to customer needs [2][3] - The multi-category business model enhances the company's resilience against economic fluctuations, as different product lines complement each other [3][4] - Management operates through a divisional structure, allowing teams to autonomously manage their operations while aligning with the company's strategic direction [3] Group 2: Future Development Focus - The company will focus on developing products related to automotive, new energy, and communication sectors over the next three years, including precision components for power battery management systems and automotive connectors [3][4] - The rapid growth of the new energy sector, particularly in electric vehicles, presents significant opportunities for the company's power battery management system products [4] Group 3: Product Lines and Clientele - The company serves well-known clients in the connector market, such as Amphenol and Molex, and aims to deepen product offerings in the new energy and automotive sectors [4] - The LED backlight module is a key area of development, particularly for automotive applications, driven by the increasing demand in the electric vehicle market [4]

证券代码：301123 证券简称：奕东电子 编号：2022-007 1 奕东电子科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|-------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------| | | ☑ | 特定对象调研 □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系 | □新闻发布会 | □路演活动 | | 活动类别 | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 参与单位名称 | 招商证券 程鑫 | | | 及人员姓名 | 大成基金 | 魏庆国、李博、侯春燕、王帅、郭玮羚、吴志强 | | 时间 | 2022 年 6 月 10 日 | 10:00-11:00 | ...

编号：2022-011 证券代码：301123 证券简称：奕东电子 奕东电子科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|--------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | ☑ | 特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | 投资者关系 | □新闻发布会 | □路演活动 | | 活动类别 | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 参与单位名称 | IGWT INVESTMENT | 、博时基金、登程资产、东北证券、东方 ...

Financial Performance - The company's revenue for Q3 2022 was ¥354,204,653.59, a decrease of 9.60% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥18,806,237.05, down 64.70% year-on-year[5]. - The company reported a basic earnings per share of ¥0.0805, a decline of 73.52% from the previous year[5]. - The net profit for Q3 2022 was CNY 90,282,174.20, a decrease of 37.0% compared to CNY 143,289,070.15 in Q3 2021[25]. - Operating profit for Q3 2022 was CNY 93,289,759.85, down 40.0% from CNY 155,440,053.71 in Q3 2021[25]. - The total comprehensive income for Q3 2022 was CNY 95,944,479.04, a decrease of 34.0% compared to CNY 145,363,496.67 in Q3 2021[26]. - The company reported a net profit margin improvement, with net profit increasing to CNY 98,597,136.92 from CNY 144,685,873.66 in the previous period[24]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥3,532,820,337.29, an increase of 115.20% compared to the end of the previous year[5]. - Total assets increased to CNY 3,532,820,337.29 from CNY 1,641,662,668.74, representing a growth of 115.5%[22]. - Total liabilities decreased to CNY 479,967,292.73 from CNY 606,518,130.81, a reduction of 20.9%[22]. - Shareholders' equity rose to CNY 3,052,853,044.56 from CNY 1,035,144,537.93, an increase of 194.1%[22]. Cash Flow - Cash flow from operating activities increased by 53.00% year-to-date, totaling ¥144,918,056.37[5]. - Cash flow from operating activities generated a net inflow of CNY 144,918,056.37, compared to CNY 94,717,290.63 in the same period last year, representing a 53.0% increase[28]. - Cash and cash equivalents increased significantly to CNY 1,313,641,871.04 from CNY 83,512,724.44 at the beginning of the year, reflecting a growth of 1,472.5%[20]. - Cash and cash equivalents at the end of Q3 2022 amounted to CNY 1,309,179,490.23, significantly up from CNY 96,596,019.27 at the end of Q3 2021[28]. - The company experienced a cash outflow from investing activities of CNY -621,772,142.45, compared to CNY -129,517,935.26 in Q3 2021, indicating increased investment activity[28]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,799[13]. - The largest shareholder, Deng Yuquan, holds 39.13% of shares, totaling 91,411,152 shares[13]. - Dongguan Yidong Holdings Co., Ltd. is the second-largest shareholder with a 21.42% stake, amounting to 50,040,045 shares[13]. - Wang Gang, another significant shareholder, owns 4.28% of shares, which is 10,008,009 shares[13]. - The total number of restricted shares held by major shareholders remains unchanged, with Deng Yuquan and Dongguan Yidong Holdings each holding 91,411,152 and 50,040,045 restricted shares respectively[16]. - The company has a total of 4,121,523 shares under a special management plan, with 1,222,400 shares added this period[16]. - The company plans to release restricted shares for certain shareholders on specified dates, with the earliest being January 25, 2023[16]. - The company has a strategic placement plan involving various asset management firms, including a significant stake held by China Galaxy International Asset Management[14]. - The report indicates that the company is actively managing its shareholder structure and compliance with regulations regarding restricted shares[16]. - The company has a diverse shareholder base, with significant participation from both individual and institutional investors[14]. Expenses and Investments - Sales expenses rose by 43.69% as a result of increased market expansion efforts[10]. - The company reported a 240.42% increase in cash paid for the purchase of fixed assets, intangible assets, and other long-term assets due to ongoing project investments[11]. - Research and development expenses increased to CNY 86,479,223.00, up 18.7% from CNY 72,799,634.57 in the previous year[25]. - The company experienced a 514.28% increase in contract liabilities due to a rise in customer pre-sale orders[9]. - The company reported a significant increase in cash flow from financing activities, up 43,006.17% due to IPO fundraising[11]. Revenue and Growth Strategy - Total operating revenue for the period reached CNY 1,143,404,026.50, an increase of 6.5% compared to CNY 1,075,861,330.61 in the previous period[24]. - Total operating costs amounted to CNY 1,044,806,889.58, up 12.2% from CNY 931,175,456.95 in the prior period[24]. - The company plans to expand its market presence and invest in new product development to drive future growth[19]. - The company reported a significant increase in sales revenue, with cash received from sales reaching CNY 1,097,595,648.89, up from CNY 1,019,585,219.57 in the previous year[27].

Financial Performance - The company reported a revenue of 1.5 billion CNY for the first half of 2022, representing a year-on-year increase of 20%[1]. - The net profit attributable to shareholders was 300 million CNY, up 15% compared to the same period last year[1]. - The company's revenue for the first half of 2022 was CNY 789,199,372.91, representing a 15.37% increase compared to CNY 684,062,794.81 in the same period last year[27]. - The net profit attributable to shareholders decreased by 20.87% to CNY 71,382,928.35 from CNY 90,212,176.97 year-on-year[27]. - The net cash flow from operating activities increased significantly by 92.31% to CNY 86,960,521.17, compared to CNY 45,219,056.57 in the previous year[27]. - The total assets of the company reached CNY 3,531,932,015.13, marking a 115.14% increase from CNY 1,641,662,668.74 at the end of the previous year[27]. - The net assets attributable to shareholders rose by 191.44% to CNY 3,016,084,507.13 from CNY 1,034,874,201.09 at the end of the previous year[27]. - Basic and diluted earnings per share decreased by 39.22% to CNY 0.31 from CNY 0.51 in the same period last year[27]. - The weighted average return on equity fell to 6.38%, down from 9.88% in the previous year[27]. Market Expansion and Strategy - The company plans to launch three new products in Q4 2022, focusing on advanced electronic components[1]. - Future outlook indicates a projected revenue growth of 30% for the second half of 2022, driven by increased demand in the electronics market[1]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[1]. - Strategic partnerships with key industry players are expected to enhance supply chain efficiency and reduce costs by 5%[1]. - The company is actively exploring acquisition opportunities to strengthen its product portfolio and market position[1]. - The company has successfully expanded its customer base in the new energy sector, with significant growth in precision structural components for batteries and related products[41]. - The company is actively pursuing new product development in the electronics sector, with a specific emphasis on energy-efficient technologies[148]. - The company plans to expand its market presence through new product development and strategic partnerships[150]. Research and Development - Research and development expenses increased by 18%, totaling 150 million CNY, to support innovation and new technology[1]. - The company’s R&D expenses reached 58.24 million yuan, a year-on-year increase of 39.05%, indicating a strong commitment to innovation[42]. - The company is committed to increasing R&D investment to ensure the continuous launch of high-value products[114]. - The company is actively recruiting and training R&D talent to bolster its innovation capabilities[114]. Environmental and Social Responsibility - The company is committed to environmental protection and sustainable development, continuously improving production processes and enhancing employee awareness of environmental issues[140]. - The company has established a comprehensive environmental risk assessment and emergency response plan, regularly training employees on pollution incident management[132]. - The company emphasizes employee rights protection, adhering to labor laws and providing comprehensive social insurance and housing fund contributions[136]. - The company has made efforts to enhance corporate governance as detailed in the report[121]. - The company achieved a 100% collection rate for organic waste gas and 99% for acidic waste gas, with all emissions meeting regulatory requirements[132]. Challenges and Risks - Rising raw material costs pose a risk to profitability, and the company aims to improve cost control and operational efficiency[115]. - The ongoing COVID-19 pandemic and economic uncertainties may impact market demand and operational stability[117]. - The company faces significant competition in the FPC industry, with increasing pressure from both domestic and global markets[112]. Shareholder and Corporate Governance - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[1]. - The company emphasizes the protection of shareholder rights by adhering to legal regulations and maintaining transparent communication with investors[135]. - The company reported a participation rate of 76.81% for the first extraordinary shareholders' meeting held on May 10, 2022[122]. - The annual shareholders' meeting on May 23, 2022, had a participation rate of 73.31%[122]. - The company has not disclosed any significant new product developments or market expansion strategies in the report[35]. Financial Management and Capital Structure - The total amount of funds raised was CNY 2.17 billion, with a net amount of CNY 1.97 billion after deducting issuance costs[100]. - The company has authorized the use of up to RMB 150,000 million of temporarily idle raised funds for cash management within a 12-month period[105]. - The company reported a total of CNY 19.57 million in long-term equity investments, maintaining a stable proportion of 0.55% of total assets[93]. - The company has established six specialized manufacturing and service bases across China and India, covering a total area of approximately 120,000 square meters[84].

Financial Performance - The company's operating revenue for 2021 was ¥1,500,228,718.35, representing a 27.64% increase compared to ¥1,175,342,861.01 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥202,242,236.54, a 9.79% increase from ¥184,214,405.21 in 2020[19]. - The net profit after deducting non-recurring gains and losses was ¥190,798,588.82, up 11.33% from ¥171,385,433.39 in 2020[19]. - The company's total assets at the end of 2021 were ¥1,641,662,668.74, a 21.70% increase from ¥1,348,925,568.22 at the end of 2020[19]. - The net assets attributable to shareholders increased by 24.10% to ¥1,034,874,201.09 at the end of 2021 from ¥833,879,590.91 at the end of 2020[19]. - The basic earnings per share for 2021 was ¥1.150, reflecting a 9.52% increase from ¥1.050 in 2020[19]. - The weighted average return on equity for 2021 was 21.64%, down from 24.72% in 2020[19]. - The net cash flow from operating activities for 2021 was ¥162,597,281.39, a slight increase of 2.13% from ¥159,201,656.19 in 2020[19]. - The company reported a total revenue of 11,443,647.72 in the current period, a decrease of 4,684,446.73 compared to the previous period[26]. - In 2021, the company achieved a total revenue of 1,500,228,718.35 CNY, representing a year-on-year growth of 27.64%[74]. - The net profit attributable to ordinary shareholders was 20,224,000 CNY, an increase of 9.79% compared to the previous year[74]. - The company reported a total of ¥12,749,062.36 in government subsidies related to normal business operations for 2021[25]. Dividend Distribution - The company plans to distribute a cash dividend of 3.00 CNY per 10 shares to all shareholders, based on a total of 233,600,000 shares[5]. - The company reported a cash dividend of 3.00 yuan per 10 shares, totaling 70,080,000 yuan, which represents 100% of the profit distribution[183]. - The total distributable profit for the year was 286,827,305.81 yuan[183]. Market Outlook and Trends - The FPC market is projected to reach a value of $14.231 billion in 2023, driven by innovations in consumer electronics and the adoption of 5G technology[35]. - The domestic market for new energy vehicles is expected to exceed 5.5 million units in 2022, with a significant increase in demand for FPC in this sector[36]. - The global market for energy storage battery FPC is anticipated to reach between 4.6 billion to 7.9 billion yuan by 2030[37]. - The automotive FPC market is projected to reach 140-240 billion yuan globally and 72-120 billion yuan domestically by 2030[39]. - The global connector market is experiencing rapid growth, with China being the largest market, driven by domestic substitution and policies like "New Infrastructure" and "East Data West Calculation" that will create massive demand[41]. - The Chinese connector market share is continuously expanding, supported by the growth in downstream industries such as 5G networks, new energy vehicles, and consumer electronics[42]. - The LCD display market in China is projected to reach $10.39 billion by 2024, with a compound annual growth rate (CAGR) of 10.62% from 2018 to 2024, significantly outpacing global market growth[44]. Research and Development - The company invests a significant portion of its revenue into R&D, maintaining a competitive edge through continuous technological innovation and optimization of existing technologies[48]. - The company has developed multiple proprietary technologies, including high-precision progressive stamping technology and high-uniformity backlight module technology, which are recognized as industry-leading[69]. - R&D investment amounted to ¥103,352,743.94 in 2021, representing 6.89% of total revenue, an increase from 6.32% in 2020[104]. - The number of R&D personnel increased by 9.50% to 392 in 2021, while the proportion of R&D personnel to total employees slightly decreased by 0.28%[104]. - The company is focusing on enhancing product competitiveness through various R&D projects, including outdoor application backlight sources and LCD connector stamping molds[100]. - The company has increased its R&D investment to develop new products, including CCS and precision structural components for new energy batteries[78]. Production and Operations - The company has established a complete procurement, R&D, production, and sales system, ensuring a sustainable profit model[60]. - The company operates six manufacturing bases across China and India, covering a total area of approximately 120,000 square meters, with ongoing projects to further increase production capacity[70]. - The company has developed a unique operational model that provides comprehensive production services across different product types, catering to the high customization and large-scale demands of its clients[50]. - The company has a precision mold design and manufacturing capability, achieving processing accuracy of ±0.002mm and surface roughness of Ra0.02, which enhances production efficiency and reduces costs[65]. - The company has implemented cost control measures and improved production efficiency, contributing to stable operational performance[79]. - The company has established strong relationships with numerous high-quality clients, including Fortune 500 companies, across various industries such as consumer electronics and automotive electronics[71]. Environmental Responsibility - The company is classified as a key pollutant discharge unit by the environmental protection department[192]. - Total emissions of pollutants include 1.26 tons of hydrochloric acid and 0.816 tons of nitrogen oxides, all within regulatory limits[192]. - The wastewater treatment facilities were upgraded in 2017, employing advanced processes to ensure compliance with environmental standards[195]. - The company achieved a 100% collection rate for organic waste gas and a 99% collection rate for acidic waste gas[196]. - The company has implemented a self-monitoring plan, achieving a 100% monitoring rate for wastewater, waste gas, noise, soil, and groundwater[200]. - The company has committed to regular training and drills for employees to handle potential environmental pollution incidents effectively[199]. Governance and Management - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[135]. - The company has a complete and independent asset, personnel, financial, institutional, and business structure, ensuring operational independence from controlling shareholders[142]. - The company has established strict safety management and quality control systems to regulate production and operational safety[129]. - The company has implemented strict internal management and control systems to enhance governance levels continuously[133]. - The company has not experienced any changes in the board of directors, supervisors, or senior management during the reporting period[150]. - The company has a governance structure that does not involve any differential voting rights arrangements[149]. Employee and Compensation - The total remuneration paid to directors, supervisors, and senior management amounted to 3.71 million yuan[169]. - The highest remuneration was received by the chairman, totaling 1.0786 million yuan[169]. - The total remuneration for the general manager was 792,400 yuan[169]. - The company has established a comprehensive compensation system based on performance evaluation, work performance, and employee relations[180]. - The company has implemented annual training plans to enhance employees' professional capabilities and management skills[181]. - The total number of employees at the end of the reporting period was 3,148, with 1,824 in the parent company and 1,324 in major subsidiaries[178].

Revenue and Profit - Revenue for Q1 2022 reached ¥407,497,744.58, an increase of 34.93% compared to ¥302,017,394.97 in the same period last year[4] - Net profit attributable to shareholders was ¥40,198,756.55, up 12.68% from ¥35,673,663.82 year-on-year[4] - Total operating revenue for the current period reached ¥407,497,744.58, a significant increase from ¥302,017,394.97 in the previous period, representing a growth of approximately 35%[27] - Net profit for the current period was ¥40,204,704.61, compared to ¥35,533,464.06 in the previous period, reflecting an increase of approximately 13.5%[29] - The company achieved a total comprehensive income of ¥41,349,872.16, compared to ¥31,780,749.76 in the previous period, marking an increase of approximately 30%[30] Cash Flow and Liquidity - Net cash flow from operating activities was negative at -¥24,167,227.58, a decline of 199.40% compared to ¥24,312,426.61 in the previous year[4] - The company reported a net cash flow from operating activities of -¥24,167,227.58, contrasting with a positive cash flow of ¥24,312,426.61 in the previous period[33] - The net cash flow from financing activities amounted to ¥1,831,199,021.26, a significant increase compared to the previous year's negative cash flow of ¥7,285,018.35[34] - The total cash and cash equivalents at the end of the period reached ¥1,807,861,436.01, up from ¥68,645,907.32 at the beginning of the period[34] - The cash inflow from financing activities totaled ¥1,985,616,348.78, while cash outflow was ¥154,417,327.52, indicating strong financing activity[34] - The company experienced a net increase in cash and cash equivalents of ¥1,739,215,528.69, contrasting with a decrease of ¥18,100,588.70 in the previous year[34] - The impact of exchange rate changes on cash and cash equivalents was a decrease of ¥110,625.33[34] Assets and Equity - Total assets increased by 120.11% to ¥3,613,506,437.61 from ¥1,641,662,668.74 at the end of the previous year[4] - Shareholder equity attributable to the parent company rose by 194.94% to ¥3,052,230,717.61 from ¥1,034,874,201.09[4] - As of March 31, 2022, the company's total assets reached RMB 3,613,506,437.61, a significant increase from RMB 1,641,662,668.74 at the beginning of the year[26] - The company's total equity increased to RMB 3,052,502,493.81 from RMB 1,035,144,537.93, reflecting strong retained earnings growth[26] Expenses and Costs - Total operating costs amounted to ¥357,997,971.53, up from ¥268,208,405.29, indicating a rise of about 33.4%[27] - The company experienced a 110.29% increase in selling expenses due to higher sales volume[12] - The company recorded a significant increase in research and development expenses, totaling ¥30,560,883.24, up from ¥24,698,431.70, which is an increase of approximately 23.5%[27] - The company's financial expenses showed a notable improvement, with a net financial cost of -¥1,644,849.13 compared to a cost of ¥3,343,826.54 in the previous period, reflecting a reduction of approximately 149%[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 39,488[14] - The company reported a total of 91,411,152 shares under lock-up, which will be released on July 26, 2025[19] - The company has 50,040,045 shares under lock-up, also set to be released on July 26, 2025[19] - The company has issued 4,136,023 shares as strategic placement, which will be released on January 25, 2023[19] - The company holds 5,204,165 shares under lock-up, scheduled for release on January 25, 2023[19] - The company has 4,033,228 shares under lock-up, with a release date of January 25, 2023[19] - The company has 3,089,472 shares under lock-up, which will be released on January 25, 2023[19] - The company has 2,051,642 shares under lock-up, set to be released on January 25, 2023[19] - The company has a total of 10,008,009 shares under lock-up, scheduled for release on January 25, 2025[19] - The company has a total of 171,800 shares held by shareholder Jiang Shihua, with 171,800 shares held through a margin account[17] - The company has a total of 454,493 shares held by shareholder Liu Shaoming[17] Investments and Future Plans - The company acquired a 40% stake in Shenzhen Lixiao New Materials Technology Co., leading to a significant increase in long-term equity investments[9] - The company reported a significant increase in long-term investments, with RMB 20,000,000.00 in long-term equity investments recorded[24] - The company plans to continue expanding its market presence and developing new technologies to enhance competitiveness[24] - The company has a strategy in place for potential mergers and acquisitions to further drive growth and market expansion[24] Inventory and Receivables - Inventory levels rose to RMB 262,842,187.55, compared to RMB 204,359,950.38 at the beginning of the year, indicating increased production or sales activity[24] - Accounts receivable increased to RMB 604,234,705.31 from RMB 548,614,496.49, suggesting higher sales volume[24] Audit Information - The company did not conduct an audit for the first quarter report[35]