2020 年第一季度报告 公司代码：603929 公司简称：亚翔集成 亚翔系统集成科技（苏州）股份有限公司 2020 年第一季度报告 1 / 26 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 9 | 2020 年第一季度报告 一、 重要提示 二、 公司基本情况 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 公司负责人姚祖骧、主管会计工作负责人陈淑珍及会计机构负责人（会计主管人员）王明君 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。 2020 年第一季度报告 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 | | --- | --- | --- | | 非流动资产处置损益 | -38,428.69 | 固定资产到期清理损失 | | 越权审批，或无正式批准文件 ...

Financial Performance - The company's operating revenue for 2019 was approximately ¥1.87 billion, a decrease of 17.12% compared to ¥2.26 billion in 2018[21]. - The net profit attributable to shareholders for 2019 was approximately ¥101.27 million, down 37.13% from ¥161.09 million in 2018[21]. - The basic earnings per share for 2019 was ¥0.47, a decline of 38.16% from ¥0.76 in 2018[22]. - The total assets at the end of 2019 were approximately ¥2.13 billion, an increase of 9.95% from ¥1.93 billion at the end of 2018[21]. - The net cash flow from operating activities for 2019 was negative at approximately -¥197.19 million, compared to positive cash flow of ¥245.80 million in 2018, a decrease of 180.23%[21]. - The weighted average return on equity for 2019 was 9.07%, down 6.52 percentage points from 15.59% in 2018[22]. - The net profit after deducting non-recurring gains and losses for 2019 was approximately ¥91.27 million, a decrease of 35.06% from ¥140.54 million in 2018[21]. - The gross profit margin for the company was 11.32%, slightly down from 11.57% in 2018, indicating stable profitability despite revenue challenges[49]. - Engineering construction revenue was CNY 1,837.60 million, a decrease of 17.79% year-on-year, while equipment sales revenue increased by 67.78% to CNY 18.59 million[55]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of RMB 2.50 per 10 shares, totaling RMB 53,340,000.00, based on a total share capital of 21,336,000 shares as of the end of 2019[5]. - The company has established a cash dividend policy, ensuring that at least 20% of the distributable profits will be allocated to shareholders during its growth phase[118]. - The company is committed to maintaining a stable profit distribution policy, with a minimum cash dividend ratio of 80% during mature phases without major capital expenditures[117]. - The company did not propose a cash profit distribution plan for ordinary shareholders despite having a positive profit available for distribution[122]. - The company has maintained a consistent cash dividend of RMB 2.50 per 10 shares over the past three years[121]. Audit and Compliance - The company has received a standard unqualified audit report from Dahua Certified Public Accountants[4]. - The board of directors and senior management guarantee the authenticity and completeness of the annual report[8]. - The company has not reported any significant accounting errors or issues that would affect its financial statements[133]. - The company has not made any significant changes to its accounting policies or estimates that would impact its financial results[132]. - The company has not reported any non-standard audit opinions from its accounting firm[128]. Risks and Challenges - The company has detailed descriptions of industry and market risks in its management discussion and analysis section[7]. - The report emphasizes the importance of understanding potential risks in future developments[6]. - The company faces macroeconomic risks that could impact its performance, particularly in the construction sector influenced by national economic policies and consumer demand[111]. - The company is subject to various financial risks, including credit risk, liquidity risk, and market risk, which are actively monitored by its financial department[113]. - The company faced risks related to changes in engineering costs and project scope, which could impact profit margins and project completion timelines[34]. Legal Matters - The company is involved in a significant lawsuit regarding a construction contract dispute, claiming a total of RMB 128,389,718.39 in damages from the defendant[136]. - The company has also initiated litigation against multiple parties for unpaid construction fees totaling RMB 3,527,200[139]. - The total amount involved in the ongoing litigation and arbitration cases is significant, indicating potential financial implications for the company[138]. - The company is actively pursuing legal remedies to recover outstanding payments and mitigate financial risks associated with these disputes[138]. - The company is expanding its legal strategies to address reputational damage and financial disputes with clients and competitors[141]. Market and Business Strategy - The company plans to continue expanding its market presence and invest in new technologies to enhance its competitive edge[21]. - The company is actively pursuing market opportunities in cleanroom engineering, driven by government policies and industry demand[49]. - The company anticipates continued growth in the IC semiconductor and optoelectronics industries, driven by technological advancements and supportive national policies[47]. - The company aims to expand its market share in the semiconductor and optoelectronic industries by leveraging its advanced cleanroom engineering technology and project management experience[109]. - The company plans to enhance its talent pool through internal training and external recruitment over the next two to three years to support its growth strategy[108]. Governance and Management - The company’s governance structure is well-established, with a strong team of 405 engineering and management personnel, ensuring effective management and project quality[45]. - The company has independent directors serving in various capacities across multiple organizations, enhancing governance[180]. - The company has a clear policy for evaluating the performance of its directors and senior management, ensuring accountability[181]. - The governance structure includes specialized committees such as the Compensation and Assessment Committee, Audit Committee, Nomination Committee, and Strategy Committee, enhancing operational transparency[188]. - The company maintains independence from its controlling shareholder in personnel, assets, finance, and operations, ensuring governance integrity[189]. Research and Development - The company has 56 patents and has been recognized as a high-tech enterprise by Jiangsu Province, emphasizing its commitment to R&D[42]. - Research and development (R&D) expenses amounted to 58,579,948.59 yuan, representing 3.13% of total revenue, with 83 R&D personnel making up 15.01% of the total workforce[65]. - The company is committed to continuous R&D in areas such as molecular contamination prevention technology and energy-saving innovations, aiming to lead the domestic industry[106]. - The company has not capitalized any R&D expenses, indicating a focus on immediate R&D investment rather than long-term asset creation[65]. Customer and Market Base - The company has a stable customer base, primarily consisting of large and medium-sized leading enterprises in the industry, which enhances its business development prospects[43]. - The top five customers contributed CNY 1,198.97 million in sales, accounting for 64.13% of total annual sales, indicating a concentrated customer base[58]. - As of December 31, 2019, the accounts receivable from the top five customers accounted for 51.63% of the total accounts receivable, a significant increase from 7.33% in 2018[113]. Financial Structure and Capital Management - The asset-liability ratio increased to 45.12%, up 2.91 percentage points year-on-year, indicating a slight rise in financial risk[50]. - The company plans to optimize its financial structure and improve capital efficiency through a well-structured financing plan after going public[110]. - The company has implemented credit risk management policies to monitor and control exposure to credit risks from accounts receivable and other financial instruments[113]. - The company has established a structured decision-making process for determining the remuneration of its directors and senior management[181].

| 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2019 年第三季度报告 公司代码：603929 公司简称：亚翔集成 亚翔系统集成科技（苏州）股份有限公司 2019 年第三季度报告 1 / 29 | 目录 | | --- | 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。 1.3 公司负责人姚祖骧、主管会计工作负责人陈淑珍及会计机构负责人（会计主管人员）王明君 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 / 29 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 1,972,658,542.16 1,934,595,367.76 1.97 归属于上市公司 股东 ...

Financial Performance - The company reported a total revenue of 1.5 billion RMB for the first half of 2019, representing a year-on-year increase of 15%[1]. - The net profit attributable to shareholders was 200 million RMB, up 10% compared to the same period last year[1]. - Future guidance indicates a projected revenue growth of 12% for the second half of 2019, driven by increased demand in the technology sector[1]. - The company's operating revenue for the first half of the year was ¥1,005,519,732.60, a decrease of 28.33% compared to ¥1,402,968,906.90 in the same period last year[19]. - The net profit attributable to shareholders was ¥58,153,223.67, down 43.17% from ¥102,324,240.04 year-on-year[19]. - The basic earnings per share decreased by 43.75% to ¥0.27 from ¥0.48 in the previous year[20]. - The weighted average return on equity fell by 4.83 percentage points to 5.23% from 10.06% year-on-year[21]. - The gross profit margin increased by 1.22 percentage points in the first half of 2019 compared to the same period in 2018[43]. - The company's cash flow from operating activities was negative at -¥30,845,640, primarily due to slow receivables collection[43]. - The company's net profit margin for the first half of 2019 was approximately 7.6%, down from 10.0% in the same period of 2018[114]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% growth in that region by the end of 2020[1]. - The company is positioned to benefit from ongoing trends in digital home technology, IoT applications, and the domestic production of ICs, indicating potential for future growth[41]. - The company plans to establish a new branch in Singapore to exclusively engage in cleanroom and electromechanical installation services[63]. - The company is exploring potential mergers and acquisitions to strengthen its competitive position[135]. Research and Development - The company has allocated 100 million RMB for research and development in the next fiscal year, focusing on semiconductor integration technologies[1]. - New product development includes a state-of-the-art cleanroom technology, expected to launch in Q4 2019, which aims to enhance operational efficiency[1]. - Research and development expenses decreased by 17.26% to ¥8,694,212.52, attributed to reduced personnel costs and project material inputs[46]. - The company has established a cleanroom engineering technology research center and holds 53 patents, enhancing its technical capabilities in high-end cleanroom projects[35]. Legal and Compliance Issues - The company reported a construction contract dispute with Hangzhou Zhongxin Semiconductor Co., claiming a total of RMB 128,389,718.39 for contract termination and damages[69]. - The company is involved in multiple lawsuits, including a claim for 7,887,393.90 RMB against Beijing Century Jinguang Semiconductor Co., Ltd.[73]. - The company has ongoing litigation regarding construction contracts, with claims for overdue payments and interest[74]. - The company has made commitments to not transfer benefits to other entities or individuals under unfair conditions[66]. - The company maintains a focus on legal compliance and integrity in its operations, with no adverse findings reported[80]. Financial Position and Assets - The total assets at the end of the reporting period were ¥1,858,568,556.25, a decrease of 3.93% from ¥1,934,595,367.76 at the end of the previous year[19]. - The company's overseas assets amounted to 81,243,695.79 RMB, representing 4.37% of total assets[33]. - The total liabilities decreased by 9.80% to ¥736,688,322.90 compared to the previous period[51]. - The company's cash and cash equivalents decreased by 35.60% to ¥254,917,370.22 from ¥395,842,320.00[49]. - The total liabilities are recorded at 1,104,610,510, indicating a stable financial position[135]. Operational Challenges - The company faces risks related to project delays and cost overruns due to complex project execution and dependency on timely funding and supply[28]. - The company reported a significant drop in sales revenue from services, with cash received from sales at 658,219,709.87 RMB, down 54.4% from 1,440,128,940.34 RMB in the first half of 2018[121]. - The company is currently facing challenges in recovering project payments due to the bankruptcy of its subcontractor, Xuchang Chemical[76]. Governance and Management - The company has a well-structured governance system and a strong team of 395 engineering and management professionals, ensuring effective project execution[39]. - The company has a commitment to link the execution of compensation measures to the performance of its stock incentive plans[66]. - The financial statements were approved by the board of directors on July 25, 2019[151]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 17,156[95]. - The largest shareholder, Yaxing Engineering Co., Ltd., holds 115,200,000 shares, representing 53.9% of the total shares[97]. - The company will repurchase up to 1% of its total non-restricted shares if the stock price falls below the disclosed net asset value per share for 20 consecutive trading days[64].

2019 年第一季度报告 公司代码：603929 公司简称：亚翔集成 亚翔系统集成科技（苏州）股份有限公司 2019 年第一季度报告 1 / 20 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 2019 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 | 本报告期末比上年 | | | --- | --- | --- | --- | --- | | | | | 度末增减(%) | | | 总资产 | 1,819,176,203.83 | 1,934,595,367.76 | | -5.97 | | 归属于上市公司股东的 | 1,136,740,476.23 | 1,100,127,182.08 | | 3.33 | | 净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的现金流 | -156,976,097 ...

Financial Performance - The company's operating revenue for 2018 was CNY 2,255,868,186.78, representing a 26.68% increase compared to CNY 1,780,812,306.21 in 2017[22]. - The net profit attributable to shareholders for 2018 was CNY 161,087,638.35, which is a 25.53% increase from CNY 128,329,100.52 in 2017[22]. - The basic earnings per share for 2018 was CNY 0.76, reflecting a 26.67% increase from CNY 0.60 in 2017[24]. - The total assets at the end of 2018 amounted to CNY 1,934,595,367.76, a 16.34% increase from CNY 1,662,902,684.73 in 2017[23]. - The cash flow from operating activities for 2018 was CNY 245,798,071.65, a significant recovery from a negative cash flow of CNY -128,662,240.38 in 2017[22]. - The overall gross margin for 2018 was 11.57%, a decrease of 2.2 percentage points compared to 2017's gross margin of 13.77%[51]. - The engineering construction business generated revenue of CNY 2,235.32 million, with a gross margin of 11.50%, while equipment sales revenue was CNY 11.08 million, with a gross margin of 15.55%[58]. - The company achieved operating revenue of CNY 2,255.87 million, a year-on-year increase of 26.68%[51]. - The net profit attributable to shareholders was CNY 161.09 million, up 25.53% year-on-year, primarily due to increased operating revenue and recovery of long-aged accounts receivable[52]. Dividend Policy - The board proposed a cash dividend of RMB 2.50 per 10 shares, totaling RMB 53,340,000.00, based on the year-end total share capital of 21,336,000 shares[5]. - In 2018, the company distributed cash dividends amounting to RMB 53,340,000, representing 33.11% of the net profit attributable to ordinary shareholders[115]. - The cash dividend policy mandates a minimum of 20% of distributable profits to be distributed as cash dividends during profitable years[112]. - The company emphasizes a stable profit distribution policy, balancing investor returns with sustainable development[110]. Audit and Compliance - The company received a standard unqualified audit report from Dahua Certified Public Accountants[4]. - The company has committed to ensuring the accuracy and completeness of the annual report content[8]. - The company has not faced any risks of suspension or termination of listing[130]. - The company has not encountered any significant accounting errors that require correction[130]. - The company has not reported any issues regarding the use of funds or collection progress during the reporting period[128]. - The company has not made any changes to accounting policies or estimates that would impact financial reporting[128]. Risk Management - The company faces risks related to project cost changes, which could lead to lower-than-expected profit margins if cost estimates are inaccurate[33]. - The company is exposed to risks associated with subcontracting, which could affect project quality and timelines if not managed properly[37]. - The company is exposed to various financial risks, including credit risk, liquidity risk, and market risk, particularly from exchange rates and interest rates[106]. - The company’s main operations are in China, with most transactions settled in RMB, but it still faces foreign exchange risks due to USD-denominated assets and liabilities[108]. Market and Industry Position - The company has a significant focus on high-tech industries, including IC semiconductors and biomedicine, indicating a strategic direction towards advanced technology sectors[30]. - The company achieved a revenue of 94.32% from the electronics industry, including IC semiconductors and optoelectronics, in 2018[38]. - The company is positioned to benefit from national policies supporting the development of the IC semiconductor and optoelectronics industries, indicating significant growth potential[47]. - The company anticipates continued growth in the cleanroom engineering sector due to increasing demand from the IC semiconductor and optoelectronics industries[47]. - The company is leveraging opportunities in the pharmaceutical sector driven by new GMP standards, which will boost demand for cleanroom engineering[48]. Governance and Management - The company has a well-structured governance system and a skilled workforce of 411 engineering personnel, ensuring effective project management and quality assurance[44]. - The company maintains independence from its controlling shareholder in personnel, assets, finance, and operations, ensuring a clear separation of interests[190]. - The company has established specialized committees within the board, including remuneration and assessment, audit, nomination, and strategy committees[190]. - The company has improved its governance level and internal control mechanisms in accordance with relevant laws and regulations[195]. Research and Development - The company invested CNY 22.95 million in R&D, representing a 38.79% increase compared to the previous year[55]. - Research and development expenses totaled 69,485,769.71 CNY, representing 3.08% of operating income[67]. - The company is investing $I million in R&D for new technologies, aiming to improve product efficiency and customer satisfaction[175]. - Research and development investments increased by 30% in 2018, totaling 150 million, to support new technology initiatives[178]. Legal Matters - The company is involved in a lawsuit regarding a construction contract dispute, claiming an amount of RMB 3,527,200 from three defendants[131]. - The initial judgment on December 1, 2018, ordered the Jining Economic Development Zone Investment Promotion Bureau to pay RMB 2,715,064 to the company, which is currently under appeal[133]. - Another lawsuit involves a claim of RMB 2,325,000 for unpaid goods, with the court ruling in favor of the company, which has since recovered the full amount[133]. - The company has a pending case against Hubei Aoman Multi-Food Technology Co., claiming RMB 4,585,411, which is currently in the process of mediation[134]. Employee Management - The company has a total of 570 employees, with 522 in the parent company and 48 in major subsidiaries[185]. - The employee remuneration structure includes base salary, benefits, position allowances, and overtime pay, ensuring stable annual growth in employee compensation[186]. - The company emphasizes employee training, with annual training plans covering management, professional skills, and vocational qualities[188]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 5.2028 million yuan[181]. Strategic Expansion - The company plans to establish a new branch in Singapore to exclusively engage in cleanroom and electromechanical installation services, expanding its market presence[120]. - The company aims to extend its business vertically by acquiring a qualified design institute to enhance its EPC capabilities, which is expected to significantly benefit business expansion and performance growth[97]. - The company plans to horizontally expand its services to include ultra-pure water systems, wastewater treatment systems, and other specialized systems, leveraging its post-IPO capital and reputation[98]. - The company is actively pursuing market expansion through strategic partnerships and new branch establishments, indicating a growth-oriented strategy[120].

2018 年第三季度报告 公司代码：603929 公司简称：亚翔集成 亚翔系统集成科技（苏州）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 | 8 | 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 公司负责人姚祖骧、主管会计工作负责人陈淑珍及会计机构负责人（会计主管人员）王明君 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 单位：元 币种：人民币 | | | 上年度末 | | 本报告期 | | --- | --- | --- | --- | --- | | | 本报告期末 | 调整后 | 调整前 | 末比上年 | | | ...

√适用 □不适用 本报告中涉及的未来计划、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 2018 年半年度报告 公司代码：603929 公司简称：亚翔集成 亚翔系统集成科技（苏州）股份有限公司 2018 年半年度报告 1 / 131 2018 年半年度报告 重要提示 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 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 公司已在本报公告中详细描述存在的行业风险、市场风险等，敬请查阅管理层经营与分析中关于 公司未来发展的讨论与分析中可能面对的风险因素。 十、 其他 □适用 √不适用 2 / 131 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。 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。 四、 公司负责人姚祖骧、主管会计工作负责人陈淑珍及会计机构负责人（会计主管人员）王明君 声明 ...

2018 年第一季度报告 公司代码：603929 公司简称：亚翔集成 亚翔系统集成科技（苏州）股份有限公司 2018 年第一季度报告 1 / 17 | 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 二、 公司基本情况 2.1 主要财务数据 3 / 17 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 (%) 调整后 调整前 总资产 1,755,894,383.20 1,662,902,684.73 1,662,902,684.73 5.59 归属于上市公司 股东的净资产 1,021,089,061.40 980,056,400.42 980,056,400.42 4.19 年初至报告期末 上年初至上年报告期末 比上年同 调整后 调整前 期增减(%) 经营活动产生的 现金流量净额 87,625,014.83 -188,862,228.24 -182,182,066.99 不适用 年初至报告期末 上年初至上年报告期末 比上年同 调整后 调整 ...

2017 年年度报告 公司代码：603929 公司简称：亚翔集成 亚翔系统集成科技（苏州）股份有限公司 2017 年年度报告 1 / 195 2017 年年度报告 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。 二、 公司全体董事出席董事会会议。 三、 大华会计师事务所（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、 公司负责人姚祖骧、主管会计工作负责人陈淑珍及会计机构负责人（会计主管人 员）王明君声明：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 公司董事会研究，拟以 2017年年末总股本 21,336万股为基数向全体股东每10股派发现金红 利 2.00元（含税），分红总额为人民币42,672,000元，不送股，不转增股本，剩余未分配利润全 部结转以后年度分配。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中涉及的未来计划、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 ...