Financial Performance - Operating revenue decreased by 11.22% to CNY 61,158,937.13 for the first quarter of 2022 compared to the same period last year[14]. - Net profit attributable to shareholders decreased by 7.91% to CNY 3,147,562.98 for the first quarter of 2022 compared to the same period last year[14]. - Total operating revenue for Q1 2022 was ¥61,158,937.13, a decrease of 11.5% compared to ¥68,884,958.74 in Q1 2021[42]. - Net profit for Q1 2022 was ¥3,147,562.98, a decline of 7.9% from ¥3,417,740.89 in Q1 2021[44]. - Basic earnings per share were CNY 0.04, down from CNY 0.05 year-over-year[48]. Assets and Liabilities - Total assets increased by 7.52% to CNY 656,120,064.93 compared to the end of the previous year[14]. - Total liabilities rose to CNY 239,541,509.56, compared to CNY 196,800,641.10, which is an increase of approximately 21.6%[36]. - Total liabilities increased to ¥243,574,922.74 in the latest reporting period, up from ¥198,801,395.45[40]. - Current assets increased to CNY 558,797,706.90 as of March 31, 2022, up from CNY 510,573,656.72 at the end of 2021, representing a growth of approximately 9.4%[34]. - Total equity rose to ¥416,248,041.89, compared to ¥412,997,993.36 in the previous period[40]. Cash Flow - Net cash flow from operating activities improved by 86.58%, with an increase of CNY 62,504,180.75 in receivables compared to the same period last year[15]. - Cash inflow from operating activities was CNY 116,094,328.64, compared to CNY 58,123,564.96 in the same period last year, indicating a significant increase[49]. - Cash outflow from operating activities totaled CNY 122,711,075.06, up from CNY 107,424,303.16 year-over-year[49]. - The net cash flow from operating activities was negative at CNY -6,616,746.42, an improvement from CNY -49,300,738.20 in the previous year[51]. - The company reported a net increase in cash and cash equivalents of CNY 12,759,831.60, contrasting with a decrease of CNY -43,000,231.98 in the previous year[51]. Shareholder Information - The total registered capital of the company is CNY 77,471,549[12]. - The number of shareholders holding more than 5% of shares increased, with the total number of shareholders reaching 5,071[19]. - The top shareholder, Ni Jun, holds 15,281,000 shares, representing 19.72% of the total shares[21]. - The total number of shares held by the top ten shareholders is 60,529,037, accounting for 78.14% of the total shares[22]. - The total number of shares held by Ni family members (Ni Jun, Ni Daihong, Ni Hongyan, Ni Haiyan) is 55,441,684, which is approximately 71.5% of the total shares[22]. Commitments and Compliance - The company has not undergone any accounting policy changes or restatements during the reporting period[18]. - The company has fulfilled its previously disclosed commitments in a timely manner[25]. - The company has issued a commitment to avoid competition with its controlling shareholders and actual controllers[29]. - The company has made commitments regarding compliance and reducing related party transactions, which are currently being fulfilled[30]. - The company is currently fulfilling all commitments made without any violations[30]. Other Financial Metrics - Non-recurring gains and losses totaled CNY 1,239,875.33, with a net amount of CNY 1,053,894.03 after tax[17]. - The company's debt-to-asset ratio (consolidated) was 36.51%, up from 32.25% at the end of the previous year[14]. - The weighted average return on net assets (attributable to shareholders) was 0.76%, down from 0.86% in the same period last year[14]. - Research and development expenses for Q1 2022 were ¥2,272,309.49, slightly up from ¥2,140,265.13 in Q1 2021[43]. - Financial expenses for Q1 2022 were ¥465,837.20, compared to a financial income of ¥207,878.92 in Q1 2021[43].

Company Overview - Haomiao Technology officially listed on the Beijing Stock Exchange on November 15, 2021, becoming the first company from Chuzhou to do so[4]. - The company commenced construction of the Haomiao Smart Emergency Equipment Industrial Park on November 26, 2021[4]. - Haomiao Technology received the High-tech Enterprise Certificate from the Anhui Provincial Department of Science and Technology, valid for three years from September 18, 2021[5]. - The company showcased multiple new products at the 19th China International Fire Equipment Technology Exchange Exhibition, including a 36-meter high spray smoke exhaust multifunctional fire truck and a long-range fire cannon truck[5]. Financial Performance - The company's operating revenue for 2021 was CNY 412,739,617.15, representing a 13.49% increase compared to CNY 363,682,721.56 in 2020[28]. - The net profit attributable to shareholders for 2021 was CNY 23,204,749.66, a decrease of 12.04% from CNY 26,380,194.98 in 2020[28]. - The total assets at the end of 2021 amounted to CNY 610,231,633.49, reflecting a 13.73% increase from CNY 536,580,069.18 at the end of 2020[30]. - The total liabilities increased by 34.91% to CNY 196,800,641.10 in 2021 from CNY 145,879,153.10 in 2020[30]. - The company's gross profit margin for 2021 was 21.14%, down from 22.14% in 2020[28]. - The basic earnings per share for 2021 was CNY 0.30, a decrease of 25.00% compared to CNY 0.40 in 2020[28]. - The cash flow from operating activities for 2021 was negative at CNY -135,590,359.41, a significant decline from CNY 136,755,889.33 in 2020[32]. - The company experienced a net profit growth rate of -12.04% in 2021 compared to a -38.13% decline in 2020[33]. Shareholder Information - As of December 31, 2021, major shareholders include Ni Jun (19.72%), Ni Daihong (13.38%), and Ni Hongyan (12.93%), collectively controlling 68.79% of the voting rights[12]. - The company reported a total of 77,471,549 shares outstanding at the end of 2021, an increase of 1.55% from 76,290,000 shares at the end of 2020[35]. - The largest shareholder, Ni Jun, holds 15,281,000 shares, representing 19.72% of the total shares[176]. - The company has a total of 5,373 ordinary shareholders[151]. Market and Industry Risks - The company faces risks related to strict market access regulations for specialized vehicles, which could impact production and sales if compliance is not met[11]. - Increased competition in the fire and emergency rescue equipment manufacturing industry poses a risk to the company's market position[11]. - The company acknowledges the risk of intensified market competition and the need for continuous innovation to maintain its competitive edge[130]. Research and Development - Future plans include enhancing research and development efforts to keep pace with market demands and technological advancements[11]. - The company has established partnerships with institutions like Tsinghua University for research and development[45]. - The company developed over 60 products meeting the National VI emission standards by the end of 2021[43]. - The company's R&D expenditure for the current period is ¥17,705,422.60, representing 4.29% of operating revenue[99]. - The total number of patents owned by the company increased to 121 from 104 in the previous period, with 14 invention patents[101]. Governance and Compliance - The company has established a strong governance structure to mitigate risks associated with actual control and decision-making processes[12]. - The company has implemented measures to ensure compliance with environmental regulations, including waste monitoring and pollution control[115]. - The company has established a comprehensive internal control management system to ensure compliance with legal and regulatory requirements[194]. Corporate Social Responsibility - The company emphasizes sustainable development while fulfilling social responsibilities, ensuring timely and accurate information disclosure[111]. - The company donated 100,000 RMB to the Zhengzhou Charity Association for flood relief efforts following severe flooding in July 2021[112]. - Environmental protection expenses amounted to 519,753.89 RMB in 2021, with ongoing efforts to reduce environmental impact through new materials and processes[116]. Future Outlook - The emergency rescue equipment industry is expected to focus on high-tech, high-value products in the next five years, with a shift towards intelligent and modular solutions[63]. - The company aims to enhance the applicability, standardization, and generalization of rescue equipment, addressing practical issues in emergency response during the 14th Five-Year Plan period[64]. - The company is committed to creating a one-stop solution for industrial firefighting products and emergency rescue training, enhancing customer value[121]. Employee and Management - The company employed a total of 383 employees at the end of the reporting period, with an increase of 1 employee from the previous period[180]. - The number of technical staff decreased from 76 to 69, while administrative staff increased from 28 to 30[180]. - The company has not made any changes to its board of directors or senior management during the reporting period[177]. - The company completed 105 training programs in 2021, exceeding the planned 92, with 87 being professional courses and 18 management courses[183].