Statement
The Company and all directors, members of the Supervisory Committee, and senior management hereby guarantee that this Prospectus does not contain any false or misleading statements or material omissions, and they shall bear corresponding legal responsibilities for its truthfulness, accuracy, and completeness.
The principal officer, chief financial officer, and head of the accounting department guarantee that the financial and accounting information in this Prospectus is true and complete. The China Securities Regulatory Commission and the Shenzhen Stock Exchange making any decisions or opinions on this issuance does not constitute an endorsement of the truthfulness, accuracy, or completeness of the application documents and disclosed information, nor does it constitute a substantive judgment or guarantee of the issuer's profitability, investment value, or investor returns. Any statement to the contrary is false and misleading.
In accordance with the provisions of the "Securities Law," the issuer shall be responsible for changes in its operations and earnings after the securities are issued in accordance with the law. Investors shall independently judge the investment value of the issuer and make investment decisions independently, bearing the investment risks arising from changes in the issuer's operations and earnings or changes in securities prices after the securities are issued in accordance with the law.
Major Matters Notice
The Company hereby specially reminds investors that before making investment decisions, they must carefully read the main text of this Prospectus and pay special attention to the following important matters.
I. Major Risk Warning
The Company specifically reminds investors to carefully read the full text of "Chapter VII Risk Factors Related to This Issuance" in this Prospectus and pay special attention to the following risks:
(I) Operating Performance and Gross Profit Margin Fluctuation Risk
During the reporting period, the Company's operating revenue was RMB 366,544.55 million, RMB 403,414.19 million, RMB 408,675.79 million, and RMB 304,959.32 million, respectively. The net profit attributable to ordinary shareholders after deducting non-recurring gains and losses was RMB 2,624.30 million, RMB 10,751.15 million, RMB 12,728.01 million, and RMB 37,244.51 million, respectively. The Company's comprehensive gross profit margin was 11.86%, 16.88%, 20.14%, and 39.52%, respectively, indicating that the Company's overall operating condition is good. Macroeconomic conditions, upstream raw material prices, downstream market demand, the business model and profitability of intelligent computing services, and increased depreciation of fixed asset investments will affect the Company's business scale and gross profit margin. If the above factors change significantly unfavorably in the future, it may lead to a contraction in the Company's business scale, a decline in gross profit margin, and thus adversely affect the Company's profitability.
(II) Risk of Fluctuations in Prices of Major Raw Materials and Products
During the reporting period, direct materials accounted for over 90% of the Company's operating costs, which is a high proportion. The main raw materials include central processing units, hard disk drives, memory modules, and integrated circuits. Affected by factors such as supply and demand structure, the prices of the Company's raw materials have fluctuated to a certain extent. The Company can transfer the risk of raw material price fluctuations by adjusting product prices. However, due to the potential lag in product price changes compared to major raw material price changes, and possible differences in the magnitude of changes, if raw material prices rise significantly in the future and the Company's product selling prices do not increase correspondingly or lag significantly, the Company may not be able to smoothly pass on the cost pressure of rising raw material prices to product selling prices, which may adversely affect the Company's operating performance.