Group 1: Market Overview - In 2022, China's newly installed photovoltaic capacity reached 87.41 GW, a year-on-year increase of 59.3% [2] - The growth in installed capacity has led to increased demand for photovoltaic soldering strips from component customers [2] Group 2: Production Capacity - The company has two production bases located in Suzhou, with a project to produce 13,500 tons of photovoltaic soldering strips gradually coming online [2] - An investment agreement has been signed to establish a new production facility in Anhui, aiming for an annual output of 20,000 tons of photovoltaic soldering strips [2] Group 3: International Expansion - The company is actively exploring overseas market expansion but currently has no plans to establish production bases abroad due to existing domestic capacity expansion plans [3] - The global photovoltaic market is expected to see significant growth, with optimistic projections suggesting new installations could reach 516 GW by 2030 [3] Group 4: Product Demand - MBB soldering strips remain the mainstream demand in the market, while SMBB soldering strips are gradually increasing in demand as Topcon battery technology matures [3] - The demand for SMBB soldering strips is expected to grow as component customers increase their production capacity for Topcon battery modules, but it has not yet reached mainstream product scale [3]

苏州宇邦新型材料股份有限公司 2022 年第三季度报告 证券代码：301266 证券简称：宇邦新材 公告编号：2022-028 苏州宇邦新型材料股份有限公司 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 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） | 471,466,883.51 | 51.96% | 1,441,704,781.77 | 63.72% ...

Financial Performance - The company's revenue for the reporting period reached ¥970,237,898.26, representing a 70.12% increase compared to ¥570,340,591.86 in the same period last year[26]. - Net profit attributable to shareholders was ¥48,776,324.92, a 5.43% increase from ¥46,265,009.24 year-over-year[26]. - The net profit after deducting non-recurring gains and losses was ¥49,431,841.01, up 12.71% from ¥43,859,299.83 in the previous year[26]. - The company's total assets increased by 78.35% to ¥2,205,434,477.16 from ¥1,236,573,022.12 at the end of the previous year[26]. - The net assets attributable to shareholders rose by 98.84% to ¥1,329,266,365.48 from ¥668,501,877.75 at the end of the previous year[26]. - Basic and diluted earnings per share increased by 6.78% to ¥0.63 from ¥0.59 year-over-year[26]. - The gross profit margin for the interconnect ribbon was 11.49%, a decrease of 3.93% compared to the previous year, while the gross profit margin for the busbar was 12.95%, a slight decrease of 0.07%[59]. - The company's total operating revenue for the first half of 2022 reached ¥970,237,898.26, a significant increase of 70.0% compared to ¥570,340,591.86 in the same period of 2021[166]. - The total profit for the first half of 2022 was ¥57,112,999.93, an increase of 5.2% from ¥54,005,037.29 in the first half of 2021[167]. Cash Flow and Financing - The company reported a negative net cash flow from operating activities of ¥354,646,821.55, worsening by 201.37% compared to ¥-117,678,974.65 in the same period last year[26]. - The company reported a significant increase in cash flow from financing activities, reaching ¥882.28 million, a 1,195.57% increase due to the completion of its initial public offering[57]. - The cash flow from financing activities netted ¥882,275,375.16, a significant increase from 68,099,287.89 CNY in the previous year[175]. - The company reported a net increase in cash and cash equivalents of 588,746,012.66 CNY, contrasting with a decrease of -96,126,520.67 CNY in the previous year[175]. - Cash and cash equivalents increased to CNY 725,497,932.89, making up 32.90% of total assets, up from 11.09% last year, a change of 21.81%[65]. Research and Development - The company has developed several new products, including MBB welding strips and low-temperature welding strips, to meet the evolving technology trends in the solar photovoltaic industry[36]. - Research and development expenses increased by 86.23% to ¥33.24 million, indicating the company's commitment to innovation and new project development[57]. - The company has established a robust R&D capability to innovate and improve its product offerings in the photovoltaic sector[46]. - The company emphasizes the importance of continuous R&D to maintain its competitive edge in the photovoltaic industry[90]. - The company plans to strengthen cooperation with solar cell manufacturers and R&D teams to accelerate the industrialization of innovative results[91]. Market Position and Strategy - The company specializes in the research, production, and sales of photovoltaic tin-coated welding strips, which are essential components of battery modules[4]. - The company maintains long-term stable cooperation with major photovoltaic module manufacturers, enhancing its market position and brand recognition[36]. - The company’s sales strategy primarily relies on direct sales and long-term partnerships with clients, enhancing customer loyalty[45]. - The company is focused on expanding its market presence and enhancing its product technology to meet the evolving needs of the photovoltaic industry[46]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[182]. Risks and Challenges - The company emphasizes the importance of risk awareness regarding forward-looking statements in its reports[3]. - The company has outlined potential risks and countermeasures in its management discussion section[3]. - The company faces risks from intensified market competition and must enhance product development and market share to maintain its competitive advantage[92]. - The company is exposed to risks from international trade frictions, particularly with the U.S., but currently has no customers in that market[93]. - The company will implement strategies to mitigate the impact of raw material price fluctuations on profitability[95]. Corporate Governance and Compliance - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and management[3]. - The company has not experienced any changes in its board of directors, supervisors, or senior management during the reporting period[99]. - The company has not reported any changes in accounting policies or prior period error corrections[179]. - The company has not engaged in any significant asset or equity sales during the reporting period[88]. - The company did not engage in any related party transactions during the reporting period[126]. Shareholder Information - The company is listed on the Shenzhen Stock Exchange under the stock code 301266[20]. - The company completed its initial public offering (IPO) on June 8, 2022, issuing 26 million shares, bringing the total share capital to 104 million shares[138]. - The largest shareholder, Suzhou Juxinyuan Enterprise Management Co., Ltd., holds 54.33% of the shares, totaling 56,500,000 shares[145]. - The company has a total of 15,219 shareholders at the end of the reporting period[145]. - The company plans to lift restrictions on 79,341,806 shares by June 2025[141].