Why is your company's performance so bad? Why is your management salary still the highest in the industry?

Changdian Technology: Dear investors, hello. The company's corporate profitability and management quality have improved significantly in the past two years. The company's net profit attributable to the parent company increased from 90 million yuan in 2019 to 2.96 billion yuan in 2021, and the net profit margin increased from 0.4% in 2019 to 9.7% in 2021. Since the company's free cash flow turned positive in the fourth quarter of 2019, it has continued to achieve positive free cash flow inflows for 11 quarters. Free cash flow increased from 440 million yuan in 2019 to 3.34 billion yuan in 2021. This series of outstanding performance is due to the company's continuous optimization of product portfolio, promotion of differentiated technology market strategies, continuous expansion of in-depth cooperation with high-quality customers at home and abroad in the past two years, and promotion of new high value-added products under the leadership of new management. At the same time, the management continues to strengthen refined management and improve production efficiency, promote lean management in various departments and factories, and achieve cost reduction, efficiency improvement and expense control. The company introduced the employee stock ownership plan and equity incentive plan this year, aiming to change the previous single method of cash, improve the salary structure and incentive mechanism for core personnel, normalize medium and long-term incentives, and other domestic semiconductor companies that combine the two. Salary levels at leading companies are also more comparable. Thank you for your attention and support.