PDF《丘钛科技（集团）有限公司》

丘钛科技 (集团) 有限公司 Q Technology (Group) Company Limited (Incorporated in the Cayman Islands with limited liability) (於开曼群岛注册成立的有限公司) Stock Code 股份代号:

1478 2018 InterimReport 中期报告

1 Contents 目录 Contents 目录 Corporate Information 公司资料

2 Corporate Profile 公司介绍

5 Management Discussion and Analysis 管理层讨论与分析

6 Other Information 其他信息

26 Review Report of the Auditors 核数师审阅报告

50 Consolidated Statement of Profit or Loss 合并损益表

52 Consolidated Statement of Profit or Loss and Other Comprehensive Income 合并损益及其他全面收益表

53 Consolidated Statement of Financial Position 合并财务状况表

54 Consolidated Statement of Changes in Equity 合并权益变动表

56 Condensed Consolidated Cash Flow Statement 简明合并现金流量表

57 Notes to the Unaudited Interim Financial Report 未经审核中期财务报告附注

59 2 Corporate Information 公司资料 Corporate Information 公司资料 董事会 执行董事 何宁宁先生 (主席) 王健强先生 (行政总裁) 胡三木先生 (销售副总裁) 独立非执行董事 初家祥先生 吴瑞贤先生 高秉强先生 审核委员会 吴瑞贤先生 (主席) 初家祥先生 高秉强先生 薪酬委员会 初家祥先生 (主席) 吴瑞贤先生 高秉强先生 提名委员会 何宁宁先生 (主席) 初家祥先生 高秉强先生 风险管理委员会 高秉强先生 (主席) 吴瑞贤先生 范富强先生 公司秘书 程芝化先生 BOARD OF DIRECTORS Executive Directors Mr.

He Ningning (Chairman) Mr. Wang Jianqiang (Chief Executive Officer) Mr. Hu Sanmu (Vice President of Sales) Independent Non-Executive Directors Mr. Chu Chia-Hsiang Mr. Ng Sui Yin Mr. Ko Ping Keung AUDIT COMMITTEE Mr. Ng Sui Yin (Chairman) Mr. Chu Chia-Hsiang Mr. Ko Ping Keung REMUNERATION COMMITTEE Mr. Chu Chia-Hsiang (Chairman) Mr. Ng Sui Yin Mr. Ko Ping Keung NOMINATION COMMITTEE Mr. He Ningning (Chairman) Mr. Chu Chia-Hsiang Mr. Ko Ping Keung RISK MANAGEMENT COMMITTEE Mr. Ko Ping Keung (Chairman) Mr. Ng Sui Yin Mr. Fan Fuqiang COMPANY SECRETARY Mr. Cheng Zhihua

3 Corporate Information 公司资料 Corporate Information 公司资料 REGISTERED OFFICE Cricket Square, Hutchins Drive PO Box

2681 Grand Cayman KY1-1111 Cayman Islands PRINCIPAL PLACE OF BUSINESS IN HONG KONG Room 1715, 17/F Topsail Plaza

11 On Sum Street Shatin, New Territories Hong Kong HEADQUARTERS AND PRINCIPAL PLACE OF BUSINESS IN THE PEOPLE'

S REPUBLIC OF CHINA (THE PRC ) No.

3 Taihong Road Hi-tech Industry Park Kunshan Jiangsu Province PRC COMPANY'

S WEBSITE www.qtechglobal.com LEGAL ADVISER AS TO HONG KONG LAW Sidley Austin 登记办事处 Cricket Square, Hutchins Drive PO Box

2681 Grand Cayman KY1-1111 Cayman Islands 香港主要营业地点 香港 新界沙田 安心街11号 华顺广场 17楼1715室 於中华人民共和国 ( 「中国」 ) 的 总部及主要营业地点 中国 江苏省 昆山市 高新技术产业开发区 台虹路3号 公司网站 www.qtechglobal.com 香港法律顾问 盛德律师事务所

4 Corporate Information 公司资料 Corporate Information 公司资料 INDEPENDENT AUDITOR KPMG Certified Public Accountants PRINCIPAL BANKERS China Construction Bank Corporation Industrial and Commercial Bank of China Limited ( ICBC ) Bank of China Limited Bank of China (Hong Kong) Limited Hang Seng Bank Limited China Merchants Bank Company Limited PRINCIPAL SHARE REGISTRAR Conyers Trust Company (Cayman) Limited Cricket Square, Hutchins Drive P.O. Box

2681 Grand Cayman KY1-1111 Cayman Islands HONG KONG BRANCH SHARE REGISTRAR AND TRANSFER OFFICE Computershare Hong Kong Investor Services Limited Shops 1712-1716, 17th Floor Hopewell Centre

183 Queen'

s Road East Wanchai Hong Kong STOCK CODE Stock Code:

1478 AUTHORISED REPRESENTATIVES Mr. Wang Jianqiang Mr. Cheng Zhihua 独立核数师 毕马威会计师事务所 执业会计师 主要往来银行 中国建设银行股份有限公司 中国工商银行股份有限公司 ( 「中国工商银行」 ) 中国银行股份有限公司 中国银行 (香港) 有限公司 恒生银行有限公司 招商银行股份有限公司 股份过户登记总处 Conyers Trust Company (Cayman) Limited Cricket Square, Hutchins Drive P.O. Box

2681 Grand Cayman KY1-1111 Cayman Islands 香港股份登记过户分处 香港中央证券登记有限公司 香港 湾仔 皇后大道东183号 合和中心 17楼1712-1716号铺 股份代号 股份代号:1478 授权代表 王健强先生 程芝化先生

5 Corporate Profile 公司介绍 Corporate Profile 公司介绍 丘钛科技( 集团)有限公司(「 本公司」 ) ,连同其附属公司(「本 集团」 ) 为 一间中国领先的中高端摄像头模组及指 纹识别模组制造商.本集团主要从事设 计、研发、制造和销售摄像头模组及指 纹识别模组,并以中国品牌智能手机及 平板电脑制造商的中高端摄像头模组和 指纹识别模组市场为主.本集团为中国 少数最先於摄像头模组制造中采用板上 芯片封装(COB)、薄膜覆晶封装(COF)技术、板上塑封(MOB)及芯片塑封(MOC)技 术以及能够批量生产及销售4,800万像 素及以上超薄摄像头、双摄像头模组、 3D结构光模组和不同工艺指纹识别模组 的制造商之一.目前,本集团产品覆盖了 二百万像素至四千八百万像素的摄像头 模组、双摄像头模组、3D结构光模组、指 纹识别模组及户外运动相机模组等.透 过不断构建在光电设计、计算成像和深 度学习及系统集成方面之能力,本集团 致力於成长为一家为智能移动终端提供 智能视觉系统化解决方案的科技企业, 以让机器看清看懂整个世界. Q Technology (Group) Company Limited (the Company , together with its subsidiaries, the Group ) is a leading mid-to-high end camera and fingerprint recognition module manufacturer in PRC. The Group is primarily engaged in the design, research and development, manufacture and sales of camera modules and fingerprint recognition modules, and centred on mid-to-high end camera and fingerprint recognition module market for Chinese branded smart phone and tablet PC manufacturers. The Group is one of the first few manufacturers in the PRC to use chip on board ( COB ) and chip on flex ( COF ) technologies and molding on board ( MOB ) and molding on chip ( MOC ) technologies in the manufacture of camera modules, as well as to produce ultra- thin camera modules with resolutions of

48 mega pixels and above, dual camera modules, 3D structured light modules and fingerprint recognition modules with various technologies on a mass production scale. Currently, the Group'

s product mix covers camera modules ranging from

2 mega pixels to

48 mega pixels, dual camera modules, 3D structured light modules, fingerprint recognition modules and outdoor sports camera modules. The Group is dedicated to become a technology company which provides intelligent vision systematic solutions for intelligent mobile terminals, through continuously building up capabilities of optical design, computing vision, deep learning and system integration, with an aim to let the machines see clearly and better understand the world.

6 Management Discussion and Analysis 管理层讨论与分析 Management Discussion and Analysis 管理层讨论与分析 业务回顾 回顾截至二零一八年六月三十日止六个月期间(「本 期间」 ) ,虽然面临环球政局不稳、国际贸易壁垒主义升温等不 利因素,但中国经济仍然维持中高速增 长,根泄彝臣凭朱抖阋话四 七月十六日公布的数,二零一八年上 半年中国国内生产总值(GDP)同比增长 6.8%,社会消费品零售总额同比增长9.4%,显示上半年中国主要经济指标稳 定,消费对经济增长的贡献率持续上升, 这将有利於中国应对国际贸易磨擦构成 的持续消耗,及有利於智能手机等可选 消费品市场的持续发展. 於本期间,本集团继续坚定推进发展智 能视觉系统化的战略,重点推进本集团 生产制造规模化和智能化能力的升级, 加大在新材料、新工艺和新技术上的研 究开发,继续全力推进本集团在智能视 觉领域的垂直链条整合. 在产能规模方面,截至二零一八年六月 三十日,本集团的摄像头模组产能已经 扩充至约每月3,400万颗,当中包括约每 月800万颗的双摄像头模组产能;

电容式 指纹识别模组的产能继续稳定在约每月 1,700万颗.而屏下指纹识别模组和3D sensing模组的产能亦稳步扩充中,同时 为国内外领先品牌服务的规模能力进一 步提升. Business Review Looking back into the six months ended

30 June

2018 (the Period ), despite various unfavorable factors such as global political instability and surging international trade barriers, the Chinese economy was still able to maintain its medium to high speed growth. According to the data issued by National Bureau of Statistics of China on

16 July 2018, in the first half of 2018, China'

s gross domestic product ( GDP ) grew by 6.8% year- on-year, and the total retail sales of consumer goods increased by 9.4% year-on-year, which clearly depicted that the major economic indicators in China were stable in the first half year. The consumption contribution to economic growth kept going up, which would help China in responding to the on-going depletion caused by international trade friction, and benefit the sustainable development of optional consumer goods markets such as smartphones. During the Period, whilst constantly pushing forward the development of intelligent vision systematic strategy with confidence and focusing on promoting the scale and intelligent capabilities upgrading of the Group in production and manufacturing, the Group intensified its efforts in the research and development of new materials, new processes and new technologies and continued to vigorously propel the vertical integration in the intelligent visual sector. For production capacity scale, as at

30 June 2018, the production capacity of camera modules of the Group had already increased to approximately

34 million units per month, including the production capacity of dual camera modules of approximately

8 million units per month. The production capacity of capacitive fingerprint recognition modules continued its stable production of approximately

17 million units per month, while the production capacity of under-glass fingerprint recognition modules and 3D sensing modules were also expanding steadily. The scalable capability for serving domestic an........