Leadmicro(SH:688147)2023-04-24 16:00Employee and Organizational Structure - The company has a total of 1,044 employees, with 450 in production, 255 in sales and support, and 241 in R&D[6]. - The R&D team expanded to 241 personnel, reflecting a growth of 28.19%[96]. - Employee stock ownership includes 46 individuals, representing 4.41% of the total workforce, with a total of 9,692.64 thousand shares held, accounting for 21.32% of the total share capital[180]. Financial Performance - The company achieved a total operating revenue of 684.51 million yuan in 2022, representing a year-on-year increase of 59.96%[110]. - The net profit attributable to shareholders reached 54.15 million yuan, up 17.43% compared to the previous year[110]. - The net cash flow from operating activities for 2022 was RMB 168.50 million, a significant recovery from a negative cash flow in the previous year[153]. - Total assets at the end of 2022 reached RMB 3.82 billion, an increase of 181.50% compared to the previous year[153]. - The net assets attributable to shareholders at the end of 2022 were RMB 1.96 billion, up 122.16% year-on-year[153]. - Basic earnings per share for 2022 were RMB 0.13, an increase of 18.18% from the previous year[156]. - The company's R&D investment accounted for 20.22% of operating revenue, a decrease of 2.46 percentage points from the previous year[156]. - The company did not distribute profits or convert capital reserves into share capital for 2022, focusing on long-term development and shareholder interests[141]. Research and Development - R&D investment amounted to 138.40 million yuan, a 42.62% increase year-on-year, accounting for 20.22% of total revenue[96]. - The company filed for 16 new patents in 2022, bringing the total to 102 patents granted[96]. - The company is committed to increasing its R&D investment to drive innovation in flexible electronics and solar energy technologies[165]. - The company is focusing on the development of advanced semiconductor technologies, including Atomic Layer Deposition (ALD) and Chemical Vapor Deposition (CVD) methods[162]. - The company is actively developing new CVD equipment, with some products already sent to customers for trial validation, indicating ongoing innovation efforts[182]. Market Position and Strategy - The company is actively expanding its overseas market presence, particularly in the photovoltaic sector[98]. - The company has established deep partnerships with leading domestic photovoltaic manufacturers, enhancing its position in the high-efficiency battery technology market[176]. - The company holds a market share of approximately 11% in the semiconductor thin film technology sector, with a projected compound annual growth rate (CAGR) of 26.3% over the next few years[177]. - The company’s CVD products are expected to grow at a CAGR of approximately 8.9% in the coming years, with a current market share of 57% in the thin film sector[177]. - Future growth strategies include potential mergers and acquisitions to strengthen market position and enhance product capabilities[165]. Product Development and Innovation - The company accelerated the industrialization of products in various semiconductor segments, including logic, memory chips, and new display chips, achieving a historical best in product development speed[67]. - The company has developed the industry's first GW-level TOPCon process line project, which has been accepted by customers and is now in industrial application[67]. - The company continues to expand its product line in the photovoltaic sector, providing multiple products such as ALD, PECVD, and diffusion, while implementing the AEP® technology strategy[67]. - The company’s ALD technology has been scaled for application in domestic photovoltaic cell production, marking a significant advancement in the industry[77]. - The company has become a leading provider of high-efficiency battery technology and equipment in the photovoltaic sector, having established long-term partnerships with top domestic photovoltaic manufacturers[77]. Shareholder and Governance - The company engaged over 300 institutional investors during its offline roadshow in December 2022, indicating strong investor interest[29]. - The company held two shareholder meetings during the reporting period, with 100% participation from institutional investors[60]. - The company has established a robust internal control system, ensuring compliance and effective risk management, with no significant internal control deficiencies reported during the period[12]. - The company will report any changes in shareholding strictly in accordance with relevant laws and regulations, ensuring transparency[43]. Legal and Compliance - The company has not faced any major litigation or arbitration matters during the reporting period, indicating a stable operational environment[76]. - The company has established a comprehensive environmental protection management system to comply with national laws and regulations[50]. Equipment and Technology - The iTomic series atomic layer deposition systems are suitable for various applications, including high-k gate dielectric layers and MIM capacitor insulation layers, achieving international advanced levels in key indicators such as process quality and production capacity[80]. - The company’s equipment stability has been reported at over 85% for semiconductor devices and over 98% for photovoltaic devices, ensuring high operational efficiency[186]. - The company is actively involved in equipment modification services to help clients enhance efficiency and extend the service life of existing equipment, primarily in the photovoltaic sector[85].