Financial Performance - The company achieved a revenue of ¥109,402,135.69, representing a 30.91% increase compared to ¥83,570,651.20 in the same period last year[26]. - The net profit attributable to shareholders reached ¥25,965,217.21, marking a 47.55% growth from ¥17,597,106.32 year-on-year[26]. - The gross profit margin improved to 44.35% from 43.51% year-on-year[26]. - The basic earnings per share increased by 28.89% to ¥0.58 from ¥0.45 in the same period last year[26]. - Operating revenue rose by 30.91% to ¥109,402,135.69, driven by increased customer demand and higher production volumes[49]. - Net profit increased by 47.55% to ¥25,965,217.21, attributed to effective cost control and higher sales volumes[49]. - Total operating revenue for the first half of 2023 reached ¥109,402,135.69, a 30.9% increase from ¥83,570,651.20 in the same period of 2022[130]. - Net profit for the first half of 2023 was ¥25,965,217.21, representing a 47.5% increase compared to ¥17,597,106.32 in the first half of 2022[131]. Assets and Liabilities - The total assets increased by 27.76% to ¥410,176,556.08 from ¥321,059,889.36 at the end of the previous year[27]. - The total liabilities decreased by 26.49% to ¥96,530,283.07 from ¥131,324,279.09 year-on-year[27]. - The company's debt-to-asset ratio decreased to 23.53% from 40.90% year-on-year, indicating improved financial stability[27]. - Current assets totaled CNY 279,499,899.92, a significant increase from CNY 191,307,613.02, reflecting a growth of 46.1%[122]. - Total liabilities decreased to ¥95,328,282.20 from ¥130,003,250.10, indicating a reduction of 26.7%[128]. - Long-term borrowings decreased to CNY 10,027,935.90 from CNY 16,973,461.82, a decline of 41.0%[124]. Cash Flow - The company's net cash flow from operating activities surged by 827.66% to ¥21,370,215.04 compared to ¥2,303,676.14 in the previous year[28]. - The net cash flow from operating activities increased by 827.66% due to increased customer product demand and continued growth in production and sales volume[61]. - The net cash flow from financing activities rose by 524.24% as a result of successful fundraising following the company's listing in March 2023[61]. - Cash received from operating activities was $103,754,266.91, compared to $63,055,578.05 in the previous period, indicating strong operational performance[141]. Research and Development - Research and development investment amounted to CNY 5,084,451.29, which is a 34.11% increase year-on-year[41]. - Research and development expenses grew by 34.11% to ¥5,084,451.29, reflecting increased investment in new product development[49]. - The company emphasizes innovation in R&D, with a structured process for developing new products based on customer needs and technical challenges[34]. Market and Industry - The automotive industry saw a 9.30% increase in production and a 9.80% increase in sales during the first half of 2023, with new energy vehicles growing by 42.40% in production and 44.10% in sales[42]. - The company focuses on high-performance, high-strength, and high-precision customized components for automotive seat adjustment systems[32]. - The company plans to continue expanding its market presence and investing in new technologies to sustain growth[57]. Corporate Governance and Risks - The company is controlled by three individuals who collectively hold 70.56% of the shares, which poses a risk of improper decision-making due to potential conflicts of interest[71]. - The company faces a risk of declining product prices as supply increases, although it has mitigated this risk by securing new orders for advanced seating components[72]. - The automotive industry is subject to cyclical fluctuations, and the company is focusing on new energy, lightweight, and intelligent development directions to navigate these risks[73]. - The company is actively enhancing its internal control and corporate culture to manage the risks associated with rapid business expansion[73]. Shareholder Information - Major shareholders include Wang Mingxiang with 46.04% and Shen Yang with 17.93% of shares, indicating a concentrated ownership structure[89]. - The total number of ordinary shares increased from 38,700,000 to 51,600,000, with the proportion of unrestricted shares rising from 6.85% to 25.14%[86]. - The company raised CNY 153,252,000 through the issuance of 12,900,000 new shares at a price of CNY 11.88 per share[94]. Audit and Compliance - The company's financial report for the first half of 2023 has been audited by Tianjian Accounting Firm, which issued a standard unqualified opinion[109]. - The audit report emphasizes the importance of evaluating the appropriateness of accounting policies and estimates made by management[118]. - The company has implemented various internal controls to ensure the accuracy of financial reporting and compliance with accounting standards[116]. Accounting Policies - The financial statements are prepared based on the going concern principle, with no significant doubts regarding the company's ability to continue operations for the next 12 months[158]. - The company has not made any changes to its accounting policies or estimates compared to the previous year's financial statements[159]. - Revenue is recognized based on the progress of performance obligations, with specific criteria determining whether obligations are fulfilled over time or at a point in time[190].

证券代码：837663 证券简称：明阳科技 公告编号：2023-068 明阳科技（苏州）股份有限公司 关于接待机构投资者调研情况的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 明阳科技（苏州）股份有限公司（以下简称"公司"）于 2023 年 7 月 12 日接待了 2 家机构的调研，现将主要情况公告如下： 一、 调研情况 调研时间：2023 年 7 月 12 日 调研地点：公司一楼会议室 调研形式：现场调研 调研机构：华夏基金,申银万国证券研究所 上市公司接待人员：董事长王明祥先生 二、 调研的主要问题及公司回复概要 问题 1：目前比亚迪是公司的第一大客户吗？比亚迪汽车座椅的相关零部件 都是公司供货吗？ 回答： 目前第一大客户仍然是延锋。 延锋和佛吉亚是目前比亚迪汽车座椅最主要的二大供应商，而他们座椅调节 机构上的核心件,如：头枕、调角器、调高器、座盆抬升机械、扶手、腿托、滑 轨等座椅调节机构内的零件,包括：自润滑衬套、粉末冶金零件、阻尼器和传力 杆，主要由我们供货。 问题 2：公司有哪些造车新 ...

证券代码：837663 证券简称：明阳科技 公告编号：2023-066 明阳科技（苏州）股份有限公司 关于接待机构投资者调研情况的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 明阳科技（苏州）股份有限公司（以下简称"公司"）于 2023 年 6 月 28 日接待了 1 家机构的调研，现将主要情况公告如下： 一、 调研情况 调研时间：2023 年 6 月 28 日 调研地点：公司 2 号会议室 调研形式：现场调研 调研机构：西南证券研究发展中心 上市公司接待人员：总经理助理郭成文先生 二、 调研的主要问题及公司回复概要 问题一：公司客户主要集中在汽车领域，在汽车销量增速整体下滑的背景 下，对业绩有何负面影响？ 回答： 公司产品主要集中在汽车电动座椅调节零部件领域，通过华域汽车、李尔等 客户供应主机厂。目前装备电动座椅的车型总销量在上升，且部分车型从每车 1 台电动座椅升级为 2 台甚至多台，相关零部件的国产替代率也在上升，因此整体 来看公司的经营情况持续向好。 问题二：有很多投资人关心公司产品是否 ...

Revenue and Profitability - Operating profit increased by 33.90% due to a significant rise in revenue while the growth in operating costs was lower than revenue growth[4] - Inventory increased by 46.83% due to a 28.42% growth in annual revenue, leading to higher stockpiling[2] Expenses and Losses - Management expenses rose by 39.65% due to significant growth in operating performance and increased employee compensation[3] - Financial expenses surged by 88.23% primarily due to foreign currency borrowings leading to exchange losses[3] - Credit impairment losses skyrocketed by 8,965.31% as accounts receivable within one year increased, necessitating higher bad debt provisions[3] - Other income decreased by 35.56% due to a reduction in government subsidies compared to the previous year[4] - Investment income fell by 39.62% as the holding of trading financial assets decreased, resulting in lower returns[4] - Non-current asset disposal losses decreased by 50.78%, contributing to lower operating expenses compared to the previous year[4] Borrowings and Asset Management - Long-term borrowings decreased by 48.38% as part of the repayment of certain secured loans[2] - Asset disposal income surged by 50,780.33% due to increased gains from the disposal of fixed assets[4]

明阳科技 证券代码:837663 明阳科技（苏州）股份有限公司 2023 年第一季度报告 1 第一节 重要提示 公司董事、监事、高级管理人员保证本报告所载资料不存在虚假记载、误导性陈述或者重大遗漏，并对 其内容的真实性、准确性和完整性承担个别及连带责任。 公司负责人王明祥、主管会计工作负责人孙萍及会计机构负责人（会计主管人员）孙萍保证季度报 告中财务报告的真实、准确、完整。 本季度报告未经会计师事务所审计。 本季度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，投资者及相关人士均应 对此保持足够的风险认识，并且应当理解计划、预测与承诺之间的差异。 | 事项 | | 是或否 | | --- | --- | --- | | 是否存在公司董事、监事、高级管理人员对季度报告内容存在异议或无法保证其真实、 | □是 | √否 | | 准确、完整 | | | | 是否存在未出席董事会审议季度报告的董事 | □是 | √否 | | 是否存在未按要求披露的事项 | □是 | √否 | | 是否审计 | □是 | √否 | | 是否被出具非标准审计意见 | □是 | √否 | 第二节 公司基本情况 一、 主要财务数 ...

Financial Performance - The company's operating revenue for 2022 was CNY 207,396,466.50, representing a year-over-year increase of 28.42% compared to CNY 161,502,357.94 in 2021[26]. - The net profit attributable to shareholders for 2022 was CNY 50,945,009.63, which is a 34.59% increase from CNY 37,852,329.74 in 2021[26]. - The total assets at the end of 2022 amounted to CNY 321,059,889.36, reflecting a growth of 19.16% from CNY 269,444,294.18 at the end of 2021[27]. - The company's debt-to-asset ratio (consolidated) was 40.9% at the end of 2022, compared to 39.49% at the end of 2021[27]. - The net cash flow from operating activities for 2022 was CNY 12,576,698.49, a significant decrease of 75.42% from CNY 51,158,039.04 in 2021[29]. - The company achieved a gross profit margin of 45.06% in 2022, slightly up from 43.92% in 2021[26]. - The weighted average return on equity based on net profit attributable to shareholders was 29.23% in 2022, compared to 24.90% in 2021[26]. Shareholder Information - The total number of ordinary shares is 38,700,000, with 28.29% being unrestricted shares and 71.71% being restricted shares[129]. - The controlling shareholders hold 5,846,400 unrestricted shares, representing 15.11% of the total shares[129]. - The largest shareholder, Wang Mingxiang, holds 23,394,110 shares, representing 60.45% of total shares[130]. - The second largest shareholder, Shen Yang, holds 9,250,000 shares, representing 23.90% of total shares[130]. - The total shares held by the top ten shareholders amount to 38,695,200, which is 99.99% of total shares[131]. - The company has not issued any preferred shares during the reporting period[133]. Dividends and Financial Policies - The company distributed a cash dividend of RMB 6.46 per 10 shares, totaling RMB 25 million[4]. - The annual distribution plan includes a cash dividend of 5.81 CNY per 10 shares[145]. - The company has committed to ensuring the legality and rational use of raised funds, with strict adherence to profit distribution policies to enhance investor return mechanisms[119]. - The company has established a special account for managing raised funds, ensuring that funds are used exclusively for designated purposes[119]. Research and Development - The company focuses on the research, production, and sales of high-performance automotive components, including self-lubricating bearings and metal powder injection molded parts[19]. - The company emphasizes R&D with a focus on customer needs, leading to innovations in product design and manufacturing processes[40]. - The company’s research and development expenses rose by 13.35% to CNY 9.12 million, indicating a commitment to innovation[59]. - The company is developing new powder metallurgy materials with a target density greater than 7.3 g/cm³, which is expected to enhance product applications in automotive seating[84]. Market and Industry Outlook - The automotive seat market is projected to grow, with an expected increase in unit value to CNY 4,148 by 2025, leading to a market size of CNY 105.5 billion[53]. - In 2022, the automotive industry in China produced and sold 27.02 million and 26.86 million vehicles, respectively, representing a year-on-year growth of 3.4% and 2.1%[96]. - New energy vehicle sales exceeded 6.8 million units in 2022, with a market share rising to 25.6%[96]. Risks and Challenges - The company is exposed to risks related to product price declines as supply increases in the automotive parts industry[12]. - The company faces risks from macroeconomic fluctuations that could impact automotive production and sales, potentially affecting its performance[104]. - The company is also exposed to the risk of declining product prices due to increased supply in the automotive parts industry[107]. - The automotive industry is subject to cyclical fluctuations, which may affect the company's growth and quality of development[108]. Governance and Compliance - The company has established new governance mechanisms to ensure compliance with legal requirements and protect shareholder rights[160]. - The company has no significant defects in its accounting, financial management, or risk control systems during the reporting period[161]. - The company has implemented key internal controls for revenue recognition to mitigate risks associated with improper revenue reporting[86]. - The audit report for the fiscal year 2022 was issued with no reservations, confirming the fair presentation of the company's financial status[194]. Employee and Management Information - The total number of employees increased from 184 to 206, with a net addition of 22 employees during the reporting period[152]. - The company implemented a salary scheme linked to economic performance to enhance employee motivation and productivity[153]. - The company has a performance evaluation mechanism for senior management, linking bonuses to company performance and profit sharing[187]. Legal and Litigation Matters - There are no significant litigation or arbitration matters affecting the company[115]. - The company faces potential litigation risks that could adversely affect its financial status, with a possible compensation payment of 15 million RMB if the lawsuit is lost[127].

保荐人名称和住所 1-1-0 证券简称： 明阳科技 证券代码： 837663 江苏省苏州市吴江经济技术开发区乌金路88号 明阳科技（苏州）股份有限公司 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律效 力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 明阳科技（苏州）股份有限公司招股说明书（申报稿） 保荐人主承销商名称和住所 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因素，审 慎作出投资决定。 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申请文件 及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、投资价值或 者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负责；投 资者自主判断发行人的投资价值，自主作出 ...

江苏省苏州市吴江经济技术开发区乌金路88号 明阳科技（苏州）股份有限公司 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律效 力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 保荐人名称和住所 1-1-0 证券简称： 明阳科技 证券代码： 837663 明阳科技（苏州）股份有限公司招股说明书（申报稿） 慎作出投资决定。 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发行后因发 行人经营与收益变化或者股票价格变动引致的投资风险。 1-1-1 声明 发行 ...

明阳科技（苏州）股份有限公司 江苏省苏州市吴江经济技术开发区乌金路88号 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律效 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因素，审 慎作出投资决定。 （苏州工业园区星阳街 5 号） 证券简称：明阳科技 证券代码：837663 明阳科技（苏州）股份有限公司招股说明书（申报稿） 力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注 册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的 盈利能力、投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声 明均属虚假不实陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自 行负责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法 ...