JOVE(SZ:300814)2023-11-15 10:31Group 1: Company Overview - Shenzhen Zhongfu Circuit Co., Ltd. is a member of the China Printed Circuit Association (CPCA) and ranked 50th, 47th, and 41st among comprehensive PCB companies from 2020 to 2022 [3] - The company has established long-term stable partnerships with leading global communication service providers and well-known enterprises in various sectors, including industrial control and automotive electronics [4] Group 2: Financial Performance - The net profits attributable to shareholders for the years 2020, 2021, and 2022 were CNY 102.96 million, CNY 96.30 million, and CNY 96.60 million, respectively, with an average distributable profit of CNY 98.62 million [4] - The net cash flow from operating activities for the same years was CNY 68.14 million, CNY 71.41 million, and CNY 85.25 million, with an average of CNY 74.93 million, indicating good cash flow conditions [4] Group 3: Investment and Growth Strategy - The company is considering various means for development, including potential acquisitions, and will disclose information as required [4] - The investment project in Thailand aims to enhance production capacity, meet overseas market demands, and stabilize the overseas supply chain while reducing potential trade friction risks [5] Group 4: Shareholder Communication - The company emphasizes maintaining effective communication with investors through various channels, including phone, email, and official website [4] - The company adheres to a "long-termism" philosophy, focusing on steady operations and continuous innovation to enhance corporate strength and value, ultimately returning profits to shareholders through dividends [5]