汇创达(300909) - 2021 Q2 - 季度财报

Corporate Governance and Management - The board of directors and management guarantee the accuracy and completeness of the financial report[4]. - All directors attended the board meeting to review the report[5]. - The report outlines the governance structure, including the roles of the board of directors and supervisory board[8]. - The company emphasizes investor relations management by adhering to regulations and establishing a management system to enhance investor awareness[91]. - The company has made efforts to improve its corporate governance structure by revising various internal regulations and enhancing the internal control system[89]. - The company has not reported any significant litigation or arbitration matters during the reporting period[100]. - The half-year financial report was not audited, indicating a lack of external validation for the financial data presented[97]. - The company has no major related party transactions or guarantees during the reporting period[101][112]. Financial Performance - The company's revenue for the first half of 2021 reached ¥386,368,067.14, representing a 49.73% increase compared to ¥258,037,335.05 in the same period last year[23]. - Net profit attributable to shareholders was ¥74,996,001.44, up 63.29% from ¥45,929,209.84 year-on-year[23]. - The net profit after deducting non-recurring gains and losses was ¥69,152,004.83, reflecting a 55.72% increase from ¥44,406,518.75 in the previous year[23]. - The company's total assets at the end of the reporting period were ¥1,454,757,747.70, a 2.16% increase from ¥1,423,936,390.84 at the end of the previous year[23]. - The net assets attributable to shareholders increased by 6.64% to ¥1,205,122,784.85 from ¥1,130,055,458.20 at the end of the previous year[23]. - The basic earnings per share rose to ¥0.74, a 21.31% increase from ¥0.61 in the same period last year[23]. - The company reported a negative net cash flow from operating activities of ¥19,334,841.86, a decline of 144.06% compared to a positive cash flow of ¥43,883,868.45 in the previous year[23]. - The company reported a significant increase in financial income, with financial expenses decreasing by 303.14% to -¥2,397,893.60, due to increased interest income from higher cash reserves[51]. - The total profit for the first half of 2021 was ¥81,867,682.07, an increase of 63.1% compared to ¥50,217,949.52 in the same period of 2020[150]. Operational Highlights - The company continues to focus on the research, design, production, and sales of light guide structure components and precision key switch components, with no significant changes in its main business and products during the reporting period[29]. - The company has introduced new products such as micro waterproof tact switches and light guide films, catering to various applications including smart speakers and smartphones[29]. - The company has established a stable procurement relationship with suppliers, ensuring production stability and effective cost control[33]. - The company has expanded its production capacity and introduced new products through its wholly-owned subsidiary, enhancing its capabilities in the smart home industry[40]. - The company has adopted a "production based on sales" model, customizing production according to client orders[34]. - The company is actively exploring new application channels for its tactile switch products, including entry into the automotive supply chain[39]. - The company has successfully expanded its application of optical microstructure guiding components and metal film switches, establishing a technological advantage in new application areas[50]. Market and Competitive Landscape - The global laptop market shipped 236 million units in 2020, a 26% year-over-year increase, and is projected to grow to 258 million units in 2021, representing a 9% growth[42]. - The global smartphone market is expected to grow to 1.34 billion units in 2021, with a growth rate of 4.4%, leading to a projected demand for 4.02 billion units of ultra-small waterproof tactile switches[45]. - The global demand for wearable devices is projected to reach 765 million units by 2024, with a compound annual growth rate of 11%[45]. - The company’s main competitors in the optical structure components market include companies from Taiwan and Japan, which currently dominate the market share[42]. - The company's products are primarily used in laptop keyboards, with an average of three switches required per smartphone, indicating a strong market demand[45]. Research and Development - The company has applied for 17 new patents and received 22 patents in the first half of 2021, bringing the total number of valid patents to 121, including 105 utility model patents and 11 invention patents[46]. - The company is focusing on developing flexible pressure sensors and tactile button technologies for applications in medical, industrial, and consumer electronics sectors[47]. - The company aims to enhance its research and development capabilities to drive future growth[170]. Financial Management and Investments - The company has implemented corrective measures to improve the management of raised funds following a misallocation incident[62]. - The company reported a total of 27,000,000 CNY in entrusted financial management, with no overdue amounts or impairment provisions[65]. - The company has not engaged in derivative investments or entrusted loans during the reporting period[66][67]. - The company has not reported any changes in the use of raised funds during the reporting period[63]. - The company allocated ¥6,123.61 million to the construction of the production base and ¥52.50 million to the R&D center during the reporting period[59]. Environmental and Social Responsibility - The company emphasizes the protection of employee rights, with a labor union and employee representative assembly in place to address significant issues affecting employees[90]. - The company has established environmental protection measures, including a waste gas treatment facility with a capacity of 26,884 standard cubic meters per hour[85]. - The company and its subsidiaries are not classified as key pollutant discharge units and did not receive any administrative penalties for environmental issues during the reporting period[82]. - The company is committed to maximizing social responsibility while pursuing economic benefits, aiming for sustainable development[91]. Shareholder Information - The total number of shares before the recent change was 100,906,663, with a reduction of 1,301,498 shares due to the lifting of restrictions on previously issued shares[121]. - The largest shareholder, Li Ming, holds 36.43% of the shares, totaling 36,760,457 shares[126]. - The second-largest shareholder, Shenzhen Zhonghe Tong Investment Consulting Enterprise, holds 19.49% of the shares, totaling 19,666,087 shares[126]. - The total number of common shareholders at the end of the reporting period was 15,920[126]. Future Outlook - The company has plans for market expansion and new product development in the upcoming quarters[170]. - The company aims to enhance its research and development capabilities to drive future growth[170].