东山精密：2023年年度报告（英文版）

SuzhouDongshanPrecisionManufacturingCo.,Ltd. AnnualReport2023 April18,2024 AnnualReport2023 SectionIImportantNote,TableofContentsandDefinitions TheBoardofDirectors,theBoardofSupervisors,directors,supervisorsandseniorexecutivesoftheCompanyherebywarrantthattheinformationcontainedinthisAnnualReportistrue,accurateandcompleteandthisAnnualReportisfreefromanymisrepresentation,misleadingstatementormaterialomission,andagreetoassumejointandseveralliabilitiesforthisAnnualReport. YUANYonggang,PrincipaloftheCompany,CFOWANGXuandAccountingSupervisorZHUDeguangherebyrepresentthatthefinancialstatementscontainedinthisAnnualReportaretrue,accurateandcomplete. AlldirectorsoftheCompanyattendedthemeetingoftheBoardofDirectorsreviewingthisReport. TheCompanyhasfullydisclosedthepotentialrisksassociatedwiththeconcentrationofcustomers,rapidupgradinganditerationofindustrialtechnologies,fluctuationsinexchangerates,etc.inthisReport.Pleasesee“XI.ProspectsforFutureDevelopmentoftheCompany”under“SectionIII.Management’sDiscussionandAnalysis”. AccordingtotheprofitdistributionproposalapprovedbytheBoardofDirectors,theCompanywilldistributeacashdividendofRMB2.5(inclusiveoftax)per10sharestoallshareholdersonthebasisof1,701,276,209shares(excludingthetreasuryshares),andwillnotdistributeanybonussharesortransferanycapitalreservetothesharecapital. Note: ThisdocumentisatranslatedversionoftheChineseAnnualReport2023("2023年年度报告").Incaseofanydiscrepancies,theAnnualReport2023publishedintheChineseversionshallprevail.ThefullChineseAnnualReport2023isavailableatwww.cninfo.com.cn. TableofContents SectionIImportantNote,TableofContentsandDefinitions2 SectionIICompanyProfileandFinancialHighlights8 SectionIIIManagement’sDiscussionandAnalysis12 SectionIVCorporateGovernance35 SectionVEnvironmentalandSocialResponsibilities49 SectionVISignificantMatters53 SectionVIIChangesinSharesandShareholders62 SectionVIIIPreferredShares67 SectionIXBonds68 SectionXFinancialReport69 ListofReferences 1.FinancialstatementssignedandchoppedbyMr.YUANYonggang,legalrepresentative,Mr.WANGXu,CFO,andMr.ZHUDeguang,AccountingSupervisoroftheCompany; 2.OriginalsofalldocumentsoftheCompanypubliclydisclosedduringthereportingperiodandrelatedannouncements; 3.OriginaloftheAnnualReport2023stampedwiththesealandsignedbythelegalrepresentativeoftheCompany;and 4.Placekeepingsuchdocumentsforinspection:SecuritiesDepartmentoftheCompanyatBuilding12#,YunheTownHeadquartersIndustrialPark,99EastTaihuRoad,WuzhongDistrict,Suzhou. Definitions Term means Definition Company,weorDSBJ means SuzhouDongshanPrecisionManufacturingCo.,Ltd. Printedcircuitboard(PCB) means oneofourthreemajorbusinesssegments,includingresearchanddevelopment(R&D),design,manufacturingandsaleofFPCs,rigidPCBs,rigid-flexPCBsandotherproducts. Photoelectricdisplay means oneofourthreemajorbusinesssegments,includingR&D,design,manufacturingandsaleofLEDdevices,touchpanels,liquidcrystaldisplaymodulesandotherproducts. Precisionmanufacturing means oneofourthreemajorbusinesssegments,includingdesign,manufacturingandsaleofprecisionmetalstructuralcomponentsandassembliesandotherproducts. YongchuangTech means SuzhouYongchuangMetalScienceandTechnologyCo.,Ltd.,awhollyownedsubsidiaryoftheCompany. HongKongDongshan means HongKongDongshanPrecisionUnionOptoelectronicCo.,Limited,awhollyownedsubsidiaryoftheCompany. DragonHoldings means DragonElectronixHoldingsInc.,awhollyownedsubsidiaryofHongKongDongshan. MFLEX means Multi-FinelineElectronix,Inc.,awhollyownedsubsidiaryofDragonHoldings. MFLEXSuzhou means MFLEXSuzhouCo.,Ltd.,awhollyownedsubsidiaryofMFLEX. MFLEXYancheng means MFLEXYanchengCo.,Ltd.,awhollyownedsubsidiaryofMFLEX. HongKongDongshanHolding means HongKongDongshanHoldingLimited,awhollyownedsubsidiaryoftheCompany. MultekGroup means MultekGroup(HongKong)Limited,awhollyownedsubsidiaryofHongKongDongshanHolding. MultekIndustries means MultekIndustriesLimited,awhollyownedsubsidiaryofMultekGroup. MultekElectronics means MultekElectronicsLimited,awhollyownedsubsidiaryofMultekGroup. MultekZhuhai means MultekZhuhaiLimited,awhollyownedsubsidiaryofMultekGroup. MultekChina means MultekChinaLtd.,awhollyownedsubsidiaryofMultekGroup. YanchengDongshan means YanchengDongshanPrecisionManufacturingCo.,Ltd.,awhollyownedsubsidiaryoftheCompany. MuttoOptronics means MuttoOptronicsTechnologyCo.,Ltd.,awhollyownedsubsidiaryoftheCompany RFTopElectronic means SuzhouRFTopElectronicCommunicationCo.,Ltd.,acontrolledsubsidiaryoftheCompany SuzhouJDI means SuzhouJDIElectronicsInc. Aranda means ArandaTooling,Inc.,AutoTechProductionServices,Inc.andAutotechProductiondeMexicoS.deR.L.deC.V. JDI means JapanDisplayInc. 5G means the5thgenerationmobilecommunicationtechnology. AI means artificialintelligence,thesimulationofhumanintelligenceusingcomputerprograms. AR means augmentedreality,atechnologythatcombinesandintegratesthevirtualworldonscreenwiththerealworld,basedonprecisecalculationofpositionandangleofcameraimagesandimageanalysistechnology. VR means virtualreality,acomputer-simulated3Dvirtualworldwithscenesandob