Financial Performance - The company's operating revenue for 2019 was CNY 3,670,966,927.91, a decrease of 30.03% compared to CNY 5,246,385,610.71 in 2018[20] - The net profit attributable to shareholders was CNY 111,066,426.63, down 56.83% from CNY 257,296,735.61 in the previous year[20] - The basic earnings per share for 2019 was CNY 0.70, a decline of 56.79% from CNY 1.62 in 2018[21] - The company's total assets at the end of 2019 were CNY 7,129,351,129.54, a decrease of 4.27% from CNY 7,447,456,206.02 in 2018[20] - The cash flow from operating activities was CNY 75,933,316.65, down 42.64% from CNY 132,372,324.68 in 2018[20] - The weighted average return on equity decreased to 4.57% in 2019 from 11.33% in 2018, a reduction of 6.76 percentage points[21] - The net profit attributable to shareholders decreased, primarily due to the absence of non-recurring gains from the previous year, which included approximately RMB 54 million from the disposal of assets[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased, mainly due to reduced revenue from public safety and energy system businesses, alongside increased fixed costs from new industrial park investments[22] - The net cash flow from operating activities decreased compared to the previous year, primarily due to cash outflows from the public safety business exceeding inflows[22] - The company reported a significant decrease in non-recurring gains, with a total of RMB 43.52 million in 2019 compared to RMB 67.47 million in 2018[25] Shareholder Information - The company plans to distribute a cash dividend of CNY 0.7 per 10 shares, totaling CNY 11,142,537.70 based on a total share capital of 159,179,110 shares[5] - The company has a cash dividend policy that prioritizes cash distributions, with a minimum of 80% for mature stages without major expenditures[92] - The company plans to maintain a minimum cash dividend of 30% of the average distributable profit over the last three years, contingent on meeting specific profit distribution conditions[92] - In 2019, the company distributed no stock dividends and paid a cash dividend of 0.7 RMB per 10 shares, representing 10.03% of the net profit attributable to shareholders[95] - The company has not repurchased shares as part of cash dividends during the reporting period[96] Business Strategy and Development - The company is focusing on expanding its radar industry, particularly in meteorological radar and air traffic control radar, aiming to enter international markets[28] - The company plans to enhance its product line in the radar sector, including new generation warning radars and coastal radar systems, while also improving comprehensive support services[28] - The company aims to transition from being a "meteorological radar equipment supplier" to a "meteorological detection system supplier" by integrating various sensing technologies[28] - The company is actively pursuing market expansion in the energy sector, focusing on new power module development and digital power control technologies[48] - The company is focusing on major industry clients and expanding its market presence in traditional fields, including meteorological radar and emergency management systems[82] Research and Development - The company continued to invest in R&D, with R&D expenses amounting to CNY 119,114,339.85, a slight decrease of 1.90% year-on-year[56] - The total R&D investment amounted to CNY 175,866,379.37, representing 4.79% of the operating revenue, with 1,297 R&D personnel accounting for 36.43% of the total workforce[66] - The company has a total of 581 effective patents, with 117 being invention patents, indicating a strong focus on innovation[50] - The company is developing microwave components and systems, emphasizing core technology research and enhancing product autonomy[30] - The company is advancing the R&D of key products such as X-band solid-state dual-polarization Doppler weather radar and C-band phased array weather radar, enhancing product market value[84] Market Conditions and Risks - The radar industry faces high market concentration and increasing competition, particularly in meteorological and air traffic control sectors, with domestic manufacturers competing aggressively[75] - The company faces financial risks related to delayed payments from clients in meteorology and public safety sectors, impacting cash flow management[88] - The company is exposed to market risks due to intense competition in the radar and smart industries, which may affect its overall profit margins[88] Compliance and Governance - The company is committed to timely information disclosure regarding transactions and ensuring the accuracy of provided information to avoid misleading statements[96] - The company has not faced any administrative penalties or criminal sanctions in the past three years, ensuring compliance with regulatory standards[97] - The company has established a governance structure that complies with relevant laws and regulations, ensuring effective operation and information disclosure[161] - There were no penalties from securities regulatory agencies in the past three years, indicating a clean compliance record[155] Environmental Responsibility - The company has established a comprehensive environmental management system and has passed ISO14001 certification, ensuring effective monitoring and management of environmental protection efforts[117] - The COD emission concentration is 38.89 mg/L, well below the limit of 350 mg/L, with a total discharge of 6.06 tons, and no exceedance reported[115] - Total nitrogen emission concentration is 3.27 mg/L, with a total discharge of 0.51 tons, also within the permissible limits[115] - All new construction projects have complied with environmental impact assessment requirements, and the company obtained its wastewater discharge permit in November 2019[118] - The company has not experienced any environmental pollution incidents during the reporting period, maintaining a stable production process[119] Human Resources - The company has a well-established talent development system, focusing on attracting and nurturing high-level talent to strengthen its workforce[41] - The total number of employees in the parent company and major subsidiaries is 3,560, with 1,747 in the parent company and 1,813 in subsidiaries[156] - The company has implemented a performance-oriented salary policy, maintaining a "five-element" salary system to enhance employee motivation[157] - A total of 21 training sessions were conducted under the "Four Innovation Academy" to improve core talent capabilities[158] Financial Position - The company reported a total of ¥1,249,464,000.15 in undistributed profits for 2019, compared to ¥1,165,458,022.22 in 2018, reflecting an increase of about 7.2%[188] - Total assets decreased from ¥7,447,456,206.02 in 2018 to ¥7,129,351,129.54 in 2019, a decline of approximately 4.3%[187] - Total liabilities decreased from ¥5,036,060,766.37 in 2018 to ¥4,631,648,358.00 in 2019, a decrease of approximately 8.0%[188] - Shareholders' equity increased from ¥2,411,395,439.65 in 2018 to ¥2,497,702,771.54 in 2019, an increase of about 3.6%[188]

2019 年第三季度报告 1 / 23 | 目录 | | --- | 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2019 年第三季度报告 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2019 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度 末增减(%) 总资产 7,154,034,178.39 7,447,456,206.02 -3.94 归属于上市公司股东的净资产 2,290,321,802.13 2,389,747,817.70 -4.16 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的现金流量净额 -570,697,091.29 ...

二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 2019 年半年度报告 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2019 年半年度报告 1 / 136 2019 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、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。 四、 公司负责人陈信平、主管会计工作负责人韩耀庆及会计机构负责人（会计主管人员）潘洁声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司存在的风险因素主要有政策风险、财务风险、市场风险、运营风险等，有关风险因素内 容已在本报告中第四节"经营情况的讨论与分析"中关于"可能面对 ...

2019 年第一季度报告 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2019 年第一季度报告 1 / 18 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 7 | 2019 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人陈信平、主管会计工作负责人韩耀庆及会计机构负责人（会计主管人员）潘洁保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 | | | 单位：元 币种：人民币 | | --- | --- | --- | | 项目 | 本期金额 | 说明 | | 计入当期损益的政府补助，但与公司正常经营业务密切相关，符合国家 | 6,149,340.17 | | | 政 ...

Financial Performance - The company's operating revenue for 2018 was CNY 5,246,385,610.71, representing a 3.75% increase compared to CNY 5,056,842,611.89 in 2017[20] - The net profit attributable to shareholders for 2018 was CNY 257,296,735.61, an increase of 27.82% from CNY 201,303,001.95 in 2017[20] - The net cash flow from operating activities increased significantly to CNY 132,372,324.68, a 465.86% rise from CNY 23,392,928.75 in the previous year[20] - The total assets of the company at the end of 2018 were CNY 7,447,456,206.02, reflecting a 15.44% increase from CNY 6,451,603,662.60 in 2017[20] - The basic earnings per share for 2018 were CNY 1.62, up 26.56% from CNY 1.28 in 2017[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 189,827,397.39, a decrease of 13.19% from CNY 218,682,112.56 in 2017[20] - The company reported a decrease in the weighted average return on net assets after deducting non-recurring gains and losses, which was 8.36%, down 4.58 percentage points from 12.94% in 2017[21] - The company achieved significant breakthroughs in the meteorological radar industry, including the successful development of a multi-source data integration meteorological application demonstration platform and the successful operation of an artificial rainfall system[42] - The company reported a net profit attributable to ordinary shareholders of RMB 257,296,735.61 for the year 2018, with a cash dividend payout ratio of 10.52%[89] Research and Development - Research and development expenses increased by 36.19% to CNY 121,418,080.42, indicating a strong focus on innovation[53] - The company has accumulated 93 invention patents and was selected as one of the fourth batch of intellectual property advantage enterprises in Anhui Province, laying a foundation for further applications for provincial and national demonstration enterprises[35] - The company launched the "Net Eye Series Radar" and "Deep Learning-based Image Processing" as pilot projects to enhance R&D personnel motivation[47] - The company is investing 50 million in R&D for new technologies aimed at enhancing user experience[132] - The company has invested in research and development, with a focus on innovative solutions in the electronic technology sector[135] Market Expansion and Strategy - The growth in operating revenue was primarily driven by steady growth in radar and radar-related businesses, as well as rapid increases in revenue from grain storage information technology renovations[22] - The company is actively expanding its market presence in the smart city and intelligent transportation sectors, leveraging strong customer relationships[30] - The company aims to deepen its strategic transformation towards becoming a system supplier in the military-civilian integrated radar industry, focusing on new product development and comprehensive detection systems[74] - The company plans to expand its smart city business nationwide, targeting key regions and promoting traffic big data platforms and regulatory systems in the transportation industry[76] - The company is actively advancing product development and increasing market share in the military-civilian integration radar sector, responding to the "quality improvement and efficiency enhancement" requirements[77] Financial Management and Risks - The company has a cash dividend policy that prioritizes cash distributions, with a minimum of 80% of profits distributed in mature stages without major capital expenditures[84] - Financial risks include potential cash flow pressures due to delayed payments from clients in military and public sectors, making accounts receivable management critical[81] - The company faces policy risks related to government procurement budgets, which could significantly impact operational performance[81] - The company is actively optimizing its capital allocation through a newly established financial management platform[47] Corporate Governance and Compliance - The company has committed to providing accurate and complete information regarding its transactions and will bear legal responsibility for any misleading statements[90] - The company has not faced any administrative or criminal penalties in the last three years, ensuring compliance with legal regulations[90] - The company has established a governance structure that ensures clear responsibilities and effective checks and balances[146] - The company has not faced any penalties from securities regulatory agencies in the past three years[140] Environmental Management - The company has established a comprehensive environmental management system and has obtained ISO 14001 certification[107] - The company conducts annual soil pollution risk assessments and has established a remediation plan for identified issues[113] - The company has implemented a self-monitoring plan, with third-party monitoring of key indicators such as pH, NH3-N, and COD[112] - The company reported no exceedance of pollutant discharge limits, with total COD emissions at 3.19 tons against a limit of 15.72 tons[106] Shareholder Information - The total number of ordinary shareholders increased from 16,159 to 17,532 during the reporting period[120] - The largest shareholder, China Electronics Technology Group Corporation No. 38 Research Institute, holds 72,700,012 shares, representing 45.67% of total shares[122] - The company has a total of 18,248,056 restricted shares that will become tradable in May 2020, subject to specific conditions[124] - The controlling shareholder is China Electronics Technology Group Corporation, which was established on October 5, 1965, and primarily engages in defense and electronic systems[125] Employee and Management Structure - The total number of employees in the parent company and major subsidiaries is 3,598, with 1,747 in the parent company and 1,851 in subsidiaries[141] - The company has established a performance-oriented compensation system, focusing on linking salary to performance and job responsibilities[142] - The total remuneration for directors, supervisors, and senior management in the reporting period amounted to 6.342 million yuan (pre-tax)[140] - The company has conducted seven board meetings in the year, with all directors participating[147]

2018 年年度报告 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2018 年年度报告 1 / 167 2018 年年度报告 重要提示 三、 华普天健会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人陈信平、主管会计工作负责人韩耀庆及会计机构负责人（会计主管人员）潘洁声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 公司第六届董事会第十六次会议审议通过《2018年度利润分配预案》，决定公司以2018年12月末总 股本159,179,110股为基准，向全体股东每10股派发现金红利1.70元（含税），共分配现金红利 27,060,448.70元（含税），剩余未分配利润结转下期，并将提交公司2018年年度股东大会审议。 六、 前瞻性陈述的风险声明 √适用 □ 不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请投资 者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大 ...

2018 年第三季度报告 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2018 年第三季度报告 1 / 21 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2018 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人陈信平、主管会计工作负责人韩耀庆及会计机构负责人（会计主管人员）潘洁保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 21 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 6,434,174,643.82 6,451,603,662.60 -0.27 归属于上市公司股 东的净资产 2 ...

2018 年半年度报告 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2018 年半年度报告 1 / 135 2018 年半年度报告 重要提示 三、 本半年度报告未经审计。 四、 公司负责人陈信平、主管会计工作负责人韩耀庆及会计机构负责人（会计主管人员）潘洁声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □ 不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ | 第一节 | 释义 4 | | --- | --- | | 第二节 | 公司简介和主要财务指标 4 | | 第三节 | 公司业务概要 6 | | 第四节 | 经营情况的讨论与分析 8 | | 第五节 | 重要事项 13 | | 第六节 | 普通股股份变动及股东情况 21 | | 第七节 | 优先股相关情况 24 | | 第八节 | 董事、监事、高级管理人员 ...

2018 年第一季度报告 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2018 年第一季度报告 1 / 18 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2018 年第一季度报告 一、 重要提示 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元币种：人民币 | | 本报告期末 | 上年度末 | | 本报告期末比上 | | --- | --- | --- | --- | --- | | | | 调整后 | 调整前 | 年度末增减(%) | | 总资产 | 6,109,801,561.28 | 6,451,603,662.60 | 6,451,603,662.60 | -5.30 | | 归属于上市公司股东的净 | 2,092,624,228.24 | 2,151,552,575.29 | 2,151,552,575.29 | -2.74 | | 资产 | | | | | | | 年初至报告期末 | 上年初至上 ...

2017 年年度报告 公司代码：600990 公司简称：四创电子 安徽四创电子股份有限公司 2017 年年度报告 1 / 175 2017 年年度报告 重要提示 三、 华普天健会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人陈信平、主管会计工作负责人韩耀庆及会计机构负责人（会计主管人员）潘洁声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 公司第六届董事会第七次会议审议通过了《2017年度利润分配预案》，决定公司以2017年12 月末总股本159,179,110股为基准，向全体股东每10股派发现金红利1.20元（含税），共分配现金红 利19,101,493.20元，剩余未分配利润结转到下期，并将提交公司2017年年度股东大会审议。 六、 前瞻性陈述的风险声明 √适用 □ 不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提 ...