2022-05-10-深交所-立讯精密_2021年年度报告（英文版）_337页_2mb

Luxshare Precision Industry Co., Ltd. 2021 Annual Report Summary

Core Content Overview

This document is the 2021 Annual Report of Luxshare Precision Industry Co., Ltd., translated into English. It provides a comprehensive overview of the company's financial performance, business operations, corporate governance, and strategic direction for the reporting period. The Chinese version of the report is the official source and should be referenced for detailed information.

Key Information and Definitions

• Company Name: Luxshare Precision Industry Co., Ltd. (also known as Luxshare-ICT)

• Stock Code: 002475

• Stock Exchange: Shenzhen Stock Exchange

• Legal Representative: WANG Laichun

• Registered Address: 2/F, Block A, Sanyang New Industrial Zone, West Haoyi, Shajing Street, Baoan District, Shenzhen

• Postal Code: 518104

• Office Address: No. 313 Beihuan Road, Qingxi Town, Dongguan, Guangdong

• Postal Code: 523642

• Company Website: www.luxshare-ict.com

• Email: Public@luxshare-ict.com

• Accounting Firm: BDO China Shu Lun Pan Certified Public Accountants LLP

• Accountants Signing the Report: LI Jing and WEI Gang

• Sponsor for Ongoing Supervision: CITIC Securities Co., Ltd.

  • Period of Supervision: From December 2, 2020 to December 31, 2021
  • Representatives: HE Feng and LIU Guanzhong

Financial Highlights

• Dividend Distribution: A cash dividend of RMB1.10 per 10 shares was distributed to all shareholders based on 7,084,301,477 shares.
• No Bonus Shares or Capital Reserve Transfers: No bonus shares or capital reserve transfers were made during the reporting period.

Main Business and Industry Position

• Industries: Consumer electronics, communication, automotive electronics, and healthcare.
• Product Range: Components, modules, and system assemblies.
• Industry Rank: Ranked first among the top 100 electronic component manufacturers in China (2021).
• Awards: Recognized as "Top 500 Private Enterprises Of China", "Top 500 Private Manufacturers Of China", and "2021 Model of China's Digital Economic Industry".

Strategic Focus and Business Development

• The company emphasizes specialization and optimization of underlying technologies.
• It has made deep deployments in acoustic, visual, power (wired/wireless), and wireless communication.
• Market Trends:
  • Consumer Electronics: Driven by metaverse, AIoT smart life, and high-speed transmission.
  • Communication and Data Center: Rapid growth due to technological innovation, server market expansion, and AI/IoT applications.
  • Automotive Electronics: Smart electric vehicles are expected to drive significant growth, with EV penetration rising from 7.2% to 19% in 2021.

Smart Manufacturing Initiatives

• The company is committed to smart manufacturing, focusing on:

  • Leanness: Deep process dissection and forward-looking research, rationalized and standardized design, and lean production line layout.
  • Digitalization: Integration of IoT and manufacturing, visual control centers, and full automation of operational processes.
  • Automation: Full-process automation covering handling, processing, testing, logistics, and warehousing.
  • Intelligentization: Machine self-sensing, self-learning, self-decision-making, and self-execution, enabling data-driven management and predictive analysis.

• Key Technologies: Big data, cloud computing, AI, and digital twin are used to deeply explore data trends and realize intelligentization.

Extraordinary Gains or Losses

• No significant extraordinary gains or losses were reported during the reporting period.
• The company did not classify any items of extraordinary gain or loss as recurrent profit or loss.

Key Financial Indicators by Quarter (RMB)

Conclusion

Luxshare Precision Industry Co., Ltd. reported a significant increase in operating revenue in 2021, driven by growth in the consumer electronics, communication, and automotive electronics sectors. The company's financial performance showed a slight decline in net profit, but operational cash flows improved. It is actively pursuing smart manufacturing and digital transformation to enhance efficiency, reduce costs, and improve product quality. The company maintains a strong industry position and is well-positioned to benefit from the growing demand for smart and connected technologies.