深圳市迪威迅股份有限公司 2024 年年度报告全文 深圳市迪威迅股份有限公司 2024 年年度报告 【2025 年 4 月 30 日】 1 公司负责人季红、主管会计工作负责人季刚及会计机构负责人(会计主管 人员)季刚声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 永信瑞和（深圳）会计师事务所（特殊普通合伙）于 2025 年 4 月 28 日 出具了带持续经营重大不确定性段落及带强调事项段的无保留意见的审计报 告（报告编号：深永信会审证字[2025 第 0006 号），本公司董事会、监事会 对相关事项已有详细说明，请投资者注意阅读。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 深圳市迪威迅股份有限公司 2024 年年度报告全文 2024 年年度报告 第一节 重要提示、目录和释义 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、误导性陈述或者重大遗漏，并承担个 别和连带的法律责任。 | | . | | --- | --- | | | 4 | | œ | | | | 1 | | 第一节 重要提示、目录和 ...

武汉逸飞激光股份有限公司2025 年第一季度报告 证券代码：688646 证券简称：逸飞激光 武汉逸飞激光股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 (一)主要会计数据和财务指标 | 项目 | 本报告期 | 本报告期比上 上年同期 年同期增减变 | | | --- | --- | --- | --- | | | | 动幅度(%) | | | 营业收入 | 236,035,977.10 | 119,447,852.63 | 97.61 | | 归属于上市公司股东的净利润 | 9,077,334.42 | 15,840,608.70 | -42.70 | | ...

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 24,326,190.71 for the year 2024[6]. - The company's undistributed profits at the end of the reporting period amounted to RMB 81,477,340.25[6]. - The company's operating revenue for 2024 is approximately ¥692.07 million, a decrease of 0.74% compared to ¥697.20 million in 2023[23]. - The net profit attributable to shareholders for 2024 is approximately ¥24.33 million, reflecting a significant decline of 75.94% from ¥101.12 million in 2023[23]. - The net profit attributable to the parent company for 2024 is approximately ¥9.41 million, down 87.57% from ¥75.75 million in 2023[23]. - Basic and diluted earnings per share were both CNY 0.26, representing a 79.03% decrease compared to CNY 1.24 in 2023[25]. - The weighted average return on equity dropped to 1.50%, down 8.27 percentage points from 9.77% in the previous year[25]. - The net cash flow from operating activities was negative CNY 101,655,720.52, a significant decline from positive CNY 54,904,857.64 in the previous year[24]. - The net profit attributable to shareholders decreased by 75.94% year-on-year, while the net profit after deducting non-recurring gains and losses decreased by 87.57% due to intensified competition in the lithium battery industry and significant increases in expenses and asset impairment losses[25]. Audit and Risk Management - The company received a qualified audit opinion from the accounting firm, indicating potential risks in financial reporting[4]. - The company is subject to risk warnings from the Shanghai Stock Exchange due to the qualified audit opinion[4]. - The company has detailed risk factors associated with its operations in the annual report[4]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - The company has not violated decision-making procedures for external guarantees[9]. - The company has no special arrangements for corporate governance[9]. Research and Development - Research and development expenses accounted for 13.39% of operating revenue, an increase of 3.43 percentage points compared to 9.96% in 2023[25]. - The company invested ¥92,636,747.99 in R&D, accounting for 13.39% of total operating revenue, with a total of 430 R&D personnel, representing 43% of the total workforce[41]. - The company achieved a total R&D investment of approximately ¥92.64 million in the current year, representing a 33.42% increase compared to ¥69.43 million in the previous year[105]. - The company obtained a total of 141 new intellectual property rights during the reporting period, bringing the cumulative total to 633, including 103 invention patents[103]. - The company has developed advanced technologies and products, including high-dynamic laser processing technology and a laser welding quality closed-loop monitoring system[122]. Market and Product Development - The company launched new products including high-speed magnetic suspension battery assembly lines and sodium-ion battery intelligent equipment, with over 420 related patents applied for, including 52 authorized invention patents[39]. - The company completed a strategic acquisition of 51% of New Ju Li, enhancing its capabilities in smart logistics and semiconductor business[44]. - The company expanded its production capacity with new manufacturing bases in Central China, East China, and Zhuhai, with plans for further expansion in 2025[46]. - The company is actively preparing for third-party public technology service platform accreditation, aiming to enhance its testing capabilities for various industries[43]. - The company plans to expand its product offerings to include solid-state batteries, sodium-ion batteries, and other new equipment to meet diverse customer needs[89]. Financial Position and Assets - Total assets increased by 14.00% to CNY 2,822,617,495.55 compared to CNY 2,475,912,860.76 at the end of 2023[24]. - The net assets attributable to shareholders decreased by 5.98% to CNY 1,565,943,860.99 from CNY 1,665,485,142.70 at the end of 2023[24]. - The company's inventory value at the end of the reporting period was 583.42 million yuan, accounting for 20.67% of total assets, primarily due to increased project stocking and acquisitions[134]. - The company's accounts receivable amounted to 362.10 million yuan and notes receivable were 54.99 million yuan, totaling 417.09 million yuan, which represents 14.78% of total assets, influenced by the recent acquisition and industry characteristics[134]. Governance and Compliance - The company emphasizes that forward-looking statements do not constitute substantive commitments to investors[8]. - The company has established a robust internal control system to improve risk prevention capabilities and operational standards[188]. - The company maintains a transparent information disclosure mechanism to communicate its intrinsic value to investors[184]. - The company held three shareholder meetings during the reporting period, ensuring compliance with legal procedures and protecting the rights of all shareholders[187]. - The board of directors convened seven meetings, making important decisions to safeguard shareholder interests and enhance governance[187]. Strategic Focus and Future Outlook - The company aims to enhance its global competitiveness by integrating the entire industrial chain from structural components to intelligent logistics systems, focusing on "laser + intelligent equipment" strategy[175]. - The company plans to strengthen compliance and internal control systems to ensure high-quality development and risk management[176]. - Future outlook indicates a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies[199]. - The company is exploring potential acquisitions to enhance its product portfolio, with a budget of $50 million allocated for this purpose[199]. - The company plans to enhance its digital marketing efforts, increasing the budget by 40% to improve customer engagement and sales conversion rates[199].

远江盛邦安全科技集团股份有限公司2025 年第一季度报告 证券代码：688651 证券简称：盛邦安全 远江盛邦安全科技集团股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 2 / 12 一、主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上 上年同期 年同期增减变 | | | --- | --- | --- | --- | | | | 动幅度(%) | | | 营业收入 | 47,251,262.35 | 42,211,542.03 | 11.94 | | 归属于上市公司股东的净利润 | -13,296,064.33 | ...

Financial Performance - The company's revenue for Q1 2025 was CNY 155,667,231.84, representing an increase of 11.86% compared to CNY 139,163,637.74 in the same period last year[4] - Net profit attributable to shareholders decreased by 62.68% to CNY 21,881,762.52 from CNY 58,627,178.26 year-on-year[4] - The net profit after deducting non-recurring gains and losses fell by 42.76% to CNY 20,407,964.66 compared to CNY 35,654,881.90 in the previous year[4] - The basic and diluted earnings per share decreased by 70.00% to CNY 0.03 from CNY 0.10 in the same period last year[4] - The weighted average return on equity decreased to 0.78% from 3.23%, a decline of 2.45 percentage points[4] - Total operating revenue for Q1 2025 reached ¥155,667,231.84, an increase of 11.5% compared to ¥139,163,637.74 in Q1 2024[18] - Net profit for Q1 2025 was ¥22,176,000.45, a decrease of 62.7% from ¥59,362,314.51 in Q1 2024[19] Research and Development - The total R&D investment reached CNY 49,679,252.23, an increase of 40.16% from CNY 35,443,593.09 in the previous year, accounting for 31.91% of total revenue[5] - Research and development expenses increased to ¥49,679,252.23 in Q1 2025, compared to ¥35,443,593.09 in Q1 2024, reflecting a growth of 40.2%[18] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -158,271,051.37, compared to CNY -46,144,539.11 in the previous year, indicating increased cash outflows due to order growth and inventory buildup[7] - Cash inflow from operating activities totaled ¥93,037,131.53 in Q1 2025, a decrease of 39.3% from ¥153,425,226.06 in Q1 2024[22] - The net cash flow from operating activities was -158,271,051.37, compared to -46,144,539.11 in the previous period, indicating a significant decline[23] - The total cash and cash equivalents at the end of the period were 955,946,228.12, down from 1,006,279,793.38 at the beginning of the period[24] - The company experienced a net decrease in cash and cash equivalents of -50,333,565.26, contrasting with an increase of 1,413,304,975.67 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,673,218,856.83, a slight increase of 0.10% from CNY 3,669,593,588.18 at the end of the previous year[5] - Current assets decreased to CNY 2,885,887,958.40 from CNY 2,910,563,246.04, primarily due to a reduction in cash and cash equivalents[14] - Accounts receivable increased to CNY 1,105,286,562.83 from CNY 1,028,579,482.10, indicating a growth of approximately 7.5%[13] - Inventory rose to CNY 530,546,748.09 from CNY 473,948,258.54, reflecting an increase of about 11.9%[14] - Non-current assets totaled CNY 787,330,898.43, up from CNY 759,030,342.14, marking an increase of approximately 3.7%[14] - Total liabilities as of the end of the reporting period were ¥816,061,474.93, slightly down from ¥839,839,462.98 in the previous period[16] - Non-current liabilities decreased to ¥184,930,203.21 from ¥261,121,783.48, indicating a reduction of 29.1%[16] Shareholder Information - Shareholders' equity attributable to the parent company increased by 0.96% to CNY 2,836,475,224.99 from CNY 2,809,366,206.22 at the end of the previous year[5] - The top shareholder, China Zhinhua Electronics Group Co., Ltd., holds 44.84% of the shares, followed by Huada Semiconductor Co., Ltd. with 18.17%[10] - The company has no significant changes in the participation of major shareholders in margin financing and securities lending activities[11] Government Support and Other Information - The company received government subsidies amounting to CNY 1,204,500.00, which contributed to the non-recurring gains[6] - The company is focused on expanding its market presence and developing new technologies, although specific details were not disclosed in the call[11] - There were no significant reminders or additional important information regarding the company's operational performance during the reporting period[11]

Financial Performance - The company's operating revenue for 2024 was CNY 603,889,863.51, a decrease of 34.79% compared to CNY 926,053,722.41 in 2023[24]. - The net profit attributable to shareholders for 2024 was CNY 122,169,852.80, down 60.73% from CNY 311,065,266.85 in 2023[24]. - The net profit after deducting non-recurring gains and losses was CNY 87,616,956.37, a decline of 68.33% from CNY 276,671,955.49 in 2023[25]. - The cash flow from operating activities for 2024 was CNY 25,464,993.83, a decrease of 52.61% compared to CNY 53,736,512.48 in 2023[25]. - The company's total assets increased to CNY 3,669,593,588.18 in 2024, up 61.36% from CNY 2,274,217,612.93 in 2023[24]. - The net assets attributable to shareholders rose to CNY 2,809,366,206.22, reflecting a 114.00% increase from CNY 1,312,814,437.45 in 2023[24]. - The basic earnings per share for 2024 was CNY 0.20, a decrease of 64.91% from CNY 0.57 in 2023[26]. - The company achieved operating revenue of 603.89 million yuan and a net profit attributable to shareholders of 122.17 million yuan, with a net profit of 87.62 million yuan after deducting non-recurring gains and losses[36]. - The company reported a revenue of 603.89 million RMB for 2024, a decrease of 34.79% year-on-year[101]. - The net profit attributable to shareholders was CNY 122.17 million, down 60.73% year-on-year[86]. Research and Development - Research and development expenses accounted for 25.46% of operating revenue, an increase of 4.06 percentage points from 21.40% in 2023[26]. - The total R&D expenditure for the year was CNY 15,374.30 million, a decrease of 22.41% compared to the previous year[72]. - R&D expenditure as a percentage of operating revenue increased to 25.46%, up by 4.06 percentage points from the previous year[72]. - The company has increased its R&D investment, establishing a comprehensive R&D system and forming a series of core technologies with independent intellectual property rights, leading the domestic special integrated circuit design industry[36]. - The company has implemented a comprehensive R&D management system, including various committees and centers dedicated to technology development and project management[51]. - The company has ongoing projects with a total expected investment of CNY 26,203 million, with CNY 4,836 million invested in the current period[75]. - The company has formed a total of 510 intellectual property rights, with 391 granted rights[70]. - The company applied for 31 new invention patents and received 9 new authorizations during the reporting period, bringing the total number of granted invention patents to 119[70]. - The company has established a comprehensive R&D system with significant technical accumulation in the field of special integrated circuits[81]. Product Development and Innovation - The company has developed a diverse range of integrated circuit products, including logic chips, analog chips, memory chips, and microcontrollers, capable of providing comprehensive integrated circuit solutions[36]. - The company’s main products include programmable logic devices (FPGA/CPLD), microcontrollers, and memory chips, with the latest 2Gbit NORFlash products entering the testing phase[40][42]. - The company’s high-precision ADC and DAC products have reached international advanced levels, filling domestic gaps in various high-tech fields such as satellite communication and industrial measurement[44]. - The company’s latest SoC chips integrate CPU, GPU, NPU, and eFPGA components, currently in the user trial phase, enhancing its product offerings in heterogeneous computing[43]. - The company has launched multiple high-performance ADC products, including the HWD9213 series with a sampling rate of 8GSPS and a power consumption of ≤3.0W[45]. - The company is developing high-speed ADC/DAC products, with prototypes achieving 128GSPS sampling rates[75]. - The company has completed the development of several high-performance FPGA products, targeting various applications including 5G and satellite communications[75]. - The company is developing a full range of high-speed ADC/DAC products with specifications including 8-14 bit resolution, sampling rates from 65MSPS to 160GSPS, and support for up to 8 channels[65]. - The company has developed a 1Gbit NOR Flash memory product that has entered mass production, while a 2Gbit high-capacity NOR Flash memory is currently in the testing phase[63]. Market and Competitive Position - The integrated circuit market size reached $574 billion in 2023, with the Asia-Pacific region accounting for 60%-70% of the total market[53]. - The company is recognized as a leading integrated circuit design firm in China, having undertaken multiple national major projects, including the "13th Five-Year" high-speed high-precision ADC national key research and development plan[56]. - The company’s core products, including CPLD/FPGA and high-speed high-precision ADC, are recognized as leading products in the domestic special integrated circuit industry[56]. - The advancement of technology, particularly in 5G/6G communication and artificial intelligence, is driving the demand for high-performance integrated circuit products[57]. - The company is focusing on expanding its market presence through new product development and technological advancements[75]. - The company is exploring market expansion opportunities and potential mergers and acquisitions to drive growth[140]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of the fiscal year[142]. - The company is exploring potential mergers and acquisitions to enhance its product portfolio and market presence, with a focus on complementary technologies[143]. Governance and Management - The company has improved its governance structure and risk management capabilities by optimizing business processes and establishing a comprehensive internal control system[37]. - The company maintains a governance structure compliant with relevant laws and regulations, ensuring independent operation from its controlling shareholders[133]. - The company has not reported any significant changes in its development strategy, continuing to focus on key technologies in integrated circuits[127]. - The company has not faced any penalties from securities regulatory agencies in the past three years[154]. - The company has not reported any differences in voting rights arrangements during the reporting period[138]. - The company has renewed its accounting firm for the upcoming fiscal year, ensuring continuity in financial oversight[137]. - The company’s board of directors is responsible for proposing adjustments to the profit distribution policy based on significant changes in business operations or external conditions[178]. - The company has a total of 8 independent directors, with a combined pre-tax remuneration of 19.33 million[139]. - The company has a diverse management team with extensive experience in the semiconductor and technology sectors[148]. Employee and Compensation - The total number of employees in 2024 was 956, with female employees accounting for 27.20%[200]. - The professional composition includes 292 production personnel, 76 sales personnel, 409 technical personnel, 17 financial personnel, and 162 administrative personnel[168]. - The average salary of R&D personnel decreased to 24.81 million RMB from 36.37 million RMB[79]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 419.28 million[152]. - The total remuneration for core technical personnel at the end of the reporting period amounted to 531.14 million[152]. - The company has established a multi-dimensional incentive combination through base salary, performance bonuses, and stock options, aligning executive compensation with strategic goals[170]. Environmental and Social Responsibility - The company invested CNY 22,000 in environmental protection during the reporting period[190]. - The annual electricity consumption during the reporting period is 7.85 million kWh, and the annual water consumption is 21,000 tons[194]. - The company has implemented measures to reduce carbon emissions, including using low-energy equipment and enhancing energy management practices[197]. Future Outlook - The management provided guidance for the upcoming fiscal year, projecting continued revenue growth and profitability[140]. - Future outlook indicates a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies[143]. - The company plans to implement cost-cutting measures aimed at reducing operational expenses by 5% over the next year[142]. - The company is committed to building a market application and service platform to address customer needs in compatibility, matching, and stability[130].

深圳清溢光电股份有限公司 2024 年年度报告 公司代码：688138 公司简称：清溢光电 深圳清溢光电股份有限公司 2024 年年度报告 1 / 278 深圳清溢光电股份有限公司 2024 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性、准确性、 完整性，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、 公司上市时未盈利且尚未实现盈利 □是 √否 三、 重大风险提示 公司已在本报告中详细描述了存在的风险因素，敬请查阅"第三节管理层讨论与分析-四、 风险因素"中关于风险因素的内容。 四、 公司全体董事出席董事会会议。 五、 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。 六、 公司负责人唐英敏、主管会计工作负责人任新航及会计机构负责人（会计主管人员）熊成春 声明：保证年度报告中财务报告的真实、准确、完整。 七、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 为持续稳定地回报股东，结合公司所处行业特点、发展阶段和资金需求，公司2024年度拟以 2023年度向特定对象发行A股股票后的总股本扣减回购专用 ...

Financial Performance - The company's operating revenue for Q1 2025 was ¥80,013,897, representing a decrease of 72.59% compared to the same period last year, which had revenue of ¥393,598,192.62[3] - The net profit attributable to shareholders of the listed company was -¥56,008,733.21, a decline of 46.01% from the previous year's net profit of -¥41,542,437.74[3] - Basic and diluted earnings per share were both -¥0.34, reflecting a 90.88% increase in loss per share compared to -¥0.26 in the same period last year[4] - Total revenue for Q1 2025 was ¥80,013,897, a decrease of 72.5% compared to ¥291,922,468 in Q1 2024[19] - Net loss for Q1 2025 was ¥56,008,733, compared to a net loss of ¥103,733,061 in Q1 2024, representing a 46% improvement[21] - Basic and diluted earnings per share for Q1 2025 were both -¥0.34, compared to -¥3.73 in Q1 2024[21] Assets and Liabilities - Total assets decreased by 27.99% to ¥2,814,468,526.84 from ¥4,121,015,721.20 at the end of the previous year[4] - Total current assets as of March 31, 2025, amount to approximately CNY 1.53 billion, a decrease from CNY 1.58 billion as of December 31, 2024[13][14] - Total liabilities as of the latest reporting period were ¥849,314,208, a slight decrease from ¥857,266,714 in the previous period[16] - Total equity attributable to shareholders of the listed company decreased by 27.41% to ¥1,965,154,318.43 from ¥2,919,736,128.60 at the end of the previous year[4] - Total equity attributable to shareholders was ¥1,965,154,318, down from ¥2,031,167,879 in the previous period[16] Cash Flow - The company reported a net cash flow from operating activities of -¥117,616,820.60, which is a 4.56% increase in cash outflow compared to -¥112,486,228.40 in the previous year[4] - Cash inflow from operating activities in Q1 2025 was ¥223,842,489, a decrease of 50.7% from ¥454,286,306 in Q1 2024[22] - The net cash flow from operating activities was -$117.62 million, compared to -$112.49 million in the previous period, indicating a slight deterioration in cash generation from operations[23] - Total cash outflow from operating activities amounted to $341.46 million, down from $566.77 million, reflecting a significant reduction in operational cash expenses[23] - The ending cash and cash equivalents balance was $310.31 million, down from $591.44 million, indicating a decrease in liquidity[24] - The net increase in cash and cash equivalents was -$37.36 million, compared to -$419.76 million in the previous period, indicating a substantial improvement in cash flow management[24] Research and Development - The company's R&D investment totaled ¥15,345,383.93, accounting for 19.18% of operating revenue, an increase of 12.99 percentage points compared to 4.59% in the previous year[4] - Research and development expenses for Q1 2025 were ¥15,345,384, a decrease of 15.3% from ¥18,081,156 in Q1 2024[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,535[10] - The largest shareholder, Zhuji Zhaoyuan Investment Co., Ltd., holds 2,400,000 shares, representing 15.09% of total shares[10] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[12] - There are no significant changes in the relationships among the top shareholders, with some identified as acting in concert[11] Government Subsidies and Other Income - The company received government subsidies amounting to ¥4,681,808, which are closely related to its normal business operations[7] - The company reported a total of ¥3,680,571.24 in non-recurring gains and losses for the period, after accounting for tax effects[8] Inventory and Receivables - Accounts receivable decreased significantly from CNY 228.16 million to CNY 91.93 million[14] - Inventory increased to CNY 647.19 million from CNY 583.80 million, indicating a rise of approximately 10.87%[14] - Total cash received from customers in Q1 2025 was ¥193,284,307, a decline of 56% compared to ¥438,056,448 in Q1 2024[22] Operational Costs - Total operating costs for Q1 2025 were ¥47,973,461, down 84.7% from ¥312,414,324 in Q1 2024[19] - Cash outflow for employee compensation increased to $22.85 million from $15.35 million, reflecting higher personnel costs[23] - Tax payments rose significantly to $37.26 million from $6.45 million, indicating increased tax liabilities[23] - Other cash outflows related to operating activities decreased to $61.43 million from $85.31 million, showing improved cost management[23]

Financial Performance - The company reported a negative cumulative undistributed profit for the year 2024, thus no cash dividends or stock bonuses will be distributed [6]. - The company’s operating revenue for 2024 was approximately ¥948.57 million, a decrease of 0.60% compared to ¥954.27 million in 2023 [25]. - The net profit attributable to shareholders of the listed company for 2024 was approximately -¥726.50 million, representing a decline of 193.37% from -¥247.64 million in 2023 [26]. - The basic earnings per share for 2024 was -¥4.58, a decrease of 148.91% compared to -¥1.84 in 2023 [27]. - The company's total assets at the end of 2024 were approximately ¥2.89 billion, a decrease of 26.36% from ¥3.92 billion at the end of 2023 [26]. - The net cash flow from operating activities for 2024 was approximately -¥505.54 million, a significant decrease compared to ¥148.13 million in 2023 [26]. - The company’s gross profit margin decreased due to market environment changes, intensified industry competition, and increased depreciation expenses from newly completed projects [77]. - The company reported a significant increase in revenue, reaching 1.2 billion CNY, representing a 25% year-over-year growth [17]. - The company achieved operating revenue of 948.57 million yuan, a year-on-year decrease of 0.60% [93]. - The company reported a revenue increase of 15% year-over-year, reaching 1.2 billion RMB in the last quarter [144]. Operational Challenges - The company faces risks of declining gross margins and potential continuous losses due to market environment changes and raw material price fluctuations [4]. - The company has not achieved profitability since its listing, which raises concerns for investors [4]. - The company experienced a decline in gross margin due to falling average selling prices and increased inventory impairment provisions [27]. - The company faced increased competition and inventory destocking, impacting its financial performance negatively [27]. - The company has a high level of accounts receivable, which poses a risk of bad debts if major customers face financial difficulties [86]. - The company has a significant amount of inventory, which may lead to losses if market prices decline [86]. - The company is exposed to intensified market competition in the precursor materials sector, which may adversely affect market share and profitability [88]. - The company faces risks of continuous losses due to intensified market competition and fluctuations in raw material prices [78]. Research and Development - The company is investing heavily in R&D, with a budget increase of 15% to enhance battery technology [16]. - Research and development expenses accounted for 8.85% of operating revenue in 2024, an increase of 3.53 percentage points from 5.32% in 2023 [27]. - Research and development expenses increased by 65.34% year-on-year, totaling 83.94 million yuan, with 17 new invention patents granted during the reporting period [40]. - The company has established a research and development system that emphasizes independent innovation and collaboration with academic institutions to drive technological advancements in battery materials [42]. - The company’s R&D strategy includes a three-tier system: basic research, small-scale testing, and pilot testing, aimed at transforming research outcomes into market-ready products [44]. - The company is focusing on high-end power battery development trends, particularly in single crystal, high nickel, and high voltage ternary materials [55]. - The company has developed a controllable technology for lithium-ion diffusion rate, enhancing cycle stability and rate performance of the materials [61]. - The company has successfully completed small-scale tests for multiple oxide solid-state electrolytes and is advancing the development of lithium supplement agents and sulfide solid-state electrolytes [61]. Market Expansion and Strategy - The company plans to expand its production capacity with projects including a 25,000-ton ternary precursor project and a 15,000-ton ternary precursor project in Zhejiang [14]. - Market expansion plans include entering two new international markets by Q3 2024 [17]. - The company is exploring potential acquisitions to strengthen its supply chain, targeting a deal valued at approximately 500 million CNY [17]. - The company aims to increase production capacity by 40% to meet rising demand for electric vehicles [17]. - The company is actively pursuing market expansion by deepening cooperation with existing customers and capturing market opportunities related to popular vehicle models [38]. - The company aims to enhance its market share in high-end products by leveraging its existing advantages in single crystal materials and expanding production capacity [127]. - The company is exploring potential acquisitions to enhance its product portfolio, with a budget of $100 million allocated for this purpose [149]. Governance and Compliance - The company has held a total of 5 shareholder meetings and 8 board meetings during the reporting period, ensuring compliance with governance regulations [134]. - The company has established specialized committees within the board to leverage expertise in major decision-making processes [135]. - The company maintains independent operations and decision-making capabilities, ensuring compliance with relevant laws and regulations [136]. - The company has been under scrutiny from regulatory bodies, which may impact its market reputation and operations moving forward [159]. - The internal control audit report received a negative opinion, indicating areas for improvement in governance and compliance [186]. - The company’s independent directors have fulfilled their responsibilities and ensured the protection of minority shareholders' rights [179]. Environmental and Social Responsibility - The company is committed to ESG principles, focusing on sustainable development and environmental protection in its operations [187]. - The company has established a professional environmental and safety team to oversee compliance with environmental regulations and enhance resource utilization efficiency [187]. - The company has made significant investments in clean production and resource utilization projects to enhance sustainability [196]. - The company has implemented a comprehensive environmental monitoring plan with third-party services to ensure compliance [198]. - The company has established an environmental protection mechanism and invested 6,536,840.06 yuan in environmental protection during the reporting period [191]. - The company emphasizes investor relations and aims to protect the rights of minority shareholders while implementing a dividend policy to share growth with investors [187]. Shareholder and Management Information - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 6.4771 million RMB [156]. - The total remuneration for core technical personnel at the end of the reporting period was 0.7110 million RMB [156]. - The company has established a remuneration and assessment committee to review the remuneration proposals for directors and senior management [156]. - The company has a total of 381 employees, with 204 in production, 87 in technical roles, and 74 in administrative positions [172]. - The company has a total of 2,856,000 shares held by its directors and senior management, with no changes in shareholding during the reporting period [141].

Financial Performance - The company's operating revenue for Q1 2025 was ¥101,199,221.48, representing a decrease of 17.43% compared to ¥122,559,648.25 in the same period last year[4] - The net profit attributable to shareholders was -¥17,433,344.55, worsening from -¥11,850,583.19 year-over-year[4] - The net cash flow from operating activities was -¥94,058,756.82, slightly improved from -¥96,963,002.49 in the previous year[4] - Total revenue for Q1 2025 was CNY 101,199,221.48, a decrease of 17.4% compared to CNY 122,559,648.25 in Q1 2024[18] - Net loss for Q1 2025 was CNY 25,433,828.07, compared to a net loss of CNY 16,002,665.06 in Q1 2024, representing an increase in loss of 58.9%[19] - The total comprehensive income for the first quarter of 2025 was -25,433,828.07 RMB, compared to -16,002,665.06 RMB in the first quarter of 2024, indicating a decline[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,417,566,990.38, down 2.80% from ¥2,487,288,265.92 at the end of the previous year[5] - The company's total assets decreased to CNY 2,417,566,990.38 from CNY 2,487,288,265.92, a decline of 2.8%[17] - Total liabilities decreased to CNY 922,834,172.17 from CNY 967,121,619.64, a reduction of 4.6%[16] - The company's total equity decreased to CNY 1,494,732,818.21 from CNY 1,520,166,646.28, a decline of 1.7%[17] Cash Flow - The cash flow from operating activities showed a significant decline, impacting liquidity and operational flexibility[19] - Cash inflow from operating activities totaled 121,181,325.80 RMB in Q1 2025, down from 130,917,730.32 RMB in Q1 2024[21] - The net cash flow from investing activities was -10,332,107.19 RMB in Q1 2025, an improvement from -55,200,335.12 RMB in Q1 2024[22] - Total cash outflow from operating activities was 215,240,082.62 RMB in Q1 2025, compared to 227,880,732.81 RMB in Q1 2024[22] - The company received 77,476,300.00 RMB from financing activities in Q1 2025, down from 106,381,513.11 RMB in Q1 2024[22] Shareholder Information - The total number of common shareholders at the end of the reporting period was 5,860[9] - The top shareholder, Xia Jun, holds 24,750,839 shares, representing 17.99% of total shares[10] - The second-largest shareholder, Guoshou Chengda (Shanghai) Health Industry Equity Investment Center, holds 16,812,069 shares, accounting for 12.22%[10] - The company has a total of 9,861,786 shares held by Hongyun Jiukang Data Technology (Beijing) Co., Ltd., which is 7.17% of total shares[10] - The total number of shares held by the top 10 shareholders includes significant stakes from various investment funds, indicating strong institutional interest[11] Research and Development - Research and development expenses totaled ¥47,758,469.77, a decrease of 20.10% from ¥59,773,809.35, accounting for 47.19% of operating revenue[5] - Research and development expenses for Q1 2025 were CNY 34,429,266.72, up 7.3% from CNY 32,077,752.04 in Q1 2024[18] Management and Strategy - The company has committed to ensuring the accuracy and completeness of its financial information, with management taking legal responsibility for the report[2] - The company has not disclosed any significant new strategies or product developments during the earnings call[13] - The company plans to focus on enhancing data resources and technology development to drive future growth[18] - The company is exploring market expansion opportunities and potential mergers and acquisitions to strengthen its market position[19] Earnings Per Share - The diluted earnings per share for the period was -¥0.13, compared to -¥0.09 in the same period last year[5] - The company reported a basic and diluted earnings per share of -0.13 RMB for Q1 2025, compared to -0.09 RMB in Q1 2024[20] Other Information - The company reported non-recurring gains and losses totaling ¥526,350.33 for the period[7] - The company did not report any net profit from the merged entity prior to the merger, with previous net profit also reported as 0 RMB[20] - The company has not adopted new accounting standards or interpretations for the year 2025[23] - There are no other important reminders regarding the company's operational situation during the reporting period[13]