富创精密(688409) - 2023 Q2 - 季度财报

Financial Management - The company approved the use of up to RMB 2.2 billion of temporarily idle raised funds for cash management, ensuring the safety of funds and normal investment plans[4]. - The company has utilized a total of RMB 1.12 billion in structured deposits for cash management[6]. - The financial report for the first half of 2023 has not been audited[22]. - No profit distribution plan or capital reserve transfer plan was approved for the reporting period[24]. - The company has no non-operating fund occupation by controlling shareholders or other related parties[24]. Investment and Projects - The company increased the investment amount for the "Integrated Circuit Equipment Component Full Process Intelligent Manufacturing Production Base" project by RMB 247.21 million, raising the total planned investment to RMB 1.247 billion[8]. - As of the reporting period, the cumulative investment in the "Integrated Circuit Equipment Component Full Process Intelligent Manufacturing Production Base" project reached RMB 859.21 million[8]. - The total investment amount for the reporting period reached RMB 44,508.74 million, a significant increase of 526.00% compared to RMB 7,110.00 million in the same period last year[159]. - The company increased its investment in Nantong Fuchuang Precision Manufacturing Co., Ltd. by RMB 21,908.74 million, with a total completed investment of RMB 69,408.74 million as of the end of the reporting period[159]. - The company invested RMB 10,000.00 million in Shenyang Ruite Thermal Meter Power Technology Co., Ltd.[159]. Shareholder Information - The company has a total of 209,053,334 shares, with 78.71% being restricted shares and 21.29% being tradable shares[10]. - During the reporting period, 2,238,669 restricted shares were released, accounting for 1.07% of the total share capital[13]. - The total number of ordinary shareholders as of the end of the reporting period was 10,015[14]. - The top shareholder, Shenyang Advanced Manufacturing Technology Industry Co., Ltd., holds 35,349,500 shares, representing 16.91% of total shares[198]. - The total number of shares held by the top ten shareholders is concentrated, with the largest shareholder holding nearly 17% of the total shares[198]. Financial Performance - The company's operating revenue for the first half of 2023 reached CNY 828.54 million, an increase of 38.61% compared to CNY 597.75 million in the same period last year[51]. - The net profit attributable to shareholders of the listed company was CNY 95.68 million, a decrease of 4.80% from CNY 100.51 million year-on-year[51]. - The net profit after deducting non-recurring gains and losses was CNY 25.19 million, down 66.05% from CNY 74.22 million in the previous year[51]. - The company's cash flow from operating activities was negative at CNY -302.39 million, compared to CNY -20.83 million in the same period last year[51]. - The company's gross margin for the reporting period was 27.21%[134]. Research and Development - The R&D investment accounted for 11.08% of operating revenue, an increase of 3.35 percentage points compared to 7.73% in the previous year[53]. - The company achieved a significant increase in R&D investment, totaling approximately ¥91.81 million, which represents a 98.80% increase compared to the previous year[102]. - The total investment in ongoing R&D projects is estimated at ¥43.12 million, with ¥12.69 million invested in the current period[99]. - The R&D personnel count increased to 421, accounting for 19.48% of the total workforce, up from 16.51% in the previous year[107]. - The company holds a total of 196 patents, including 44 invention patents, with 15 new patents granted during the reporting period[100][102]. Market and Industry Context - The company is a leading manufacturer of precision components for semiconductor equipment, capable of mass production for 7nm process technology[62]. - In 2022, China's semiconductor equipment sales reached $28.27 billion, making it the largest semiconductor equipment market globally for the third consecutive year[72]. - The global semiconductor equipment market is projected to decline by 18.6% in 2023, with sales expected to be $87.4 billion[65]. - The company’s revenue increased by 38.61% year-on-year, driven by the growth in domestic semiconductor market demand and the localization of components[56]. - The company faces risks related to semiconductor industry fluctuations, geopolitical tensions, and potential trade barriers affecting export markets[142]. Environmental Responsibility - The company has invested 13.11 million yuan in environmental protection during the reporting period[190]. - The company operates five sets of spray towers for acid mist purification and has implemented low-nitrogen combustion technology in its diesel boilers, ensuring normal operation of pollution control measures[191]. - The company received environmental impact assessment approval for its boiler and water treatment station renovation project on May 11, 2023[192]. - The company has established a contingency plan for sudden environmental incidents, which has been filed with the relevant environmental authority[195]. - The company has implemented a comprehensive environmental monitoring plan, including noise monitoring around the factory perimeter[196].