江苏永鼎股份有限公司独立董事 关于第十届董事会第四次会议相关议案的事前认可声明 江苏永鼎股份有限公司董事会 独立董事：蔡雪辉、韩 坚 2023 年 8 月 23 日 鉴于控股股东一直以来为上市公司申请银行授信提供无偿担保，本着互保互 利的原则，本次公司为控股股东提供担保有利于满足双方的融资需求、促进双方 共同发展。永鼎集团资信状况良好，且苏州鼎欣房地产有限责任公司和公司实际 控制人莫林弟为上述担保提供了保证反担保，本次担保事项给公司带来的或有风 险较低，担保风险可控，不存在损害公司及全体股东特别是中小股东利益的情形。 我们同意《关于为控股股东提供担保暨关联交易的议案》，提交公司董事会审议。 二、关于变更会计师事务所的议案。 经核查，中兴华会计师事务所 (特殊普通合伙)具有证券、期货相关业务执 业资格，具备多年为上市公司提供审计服务的经验与能力，具备足够的独立性、 专业胜任能力、投资者保护能力，满足公司年度财务决算审计和内部控制审计工 作，符合相关法律、法规的规定。公司已就聘任会计师事务所的相关事项提前与 原审计机构亚太会计师事务所(特殊普通合伙)进行了沟通，其已对该事项进行确 认且无异议。因此，我们同意变更中 ...

债券代码：110058 债券简称：永鼎转债 证券代码：600105 证券简称: 永鼎股份 公告编号：临 2023-058 江苏永鼎股份有限公司关于 一、担保情况概述 ●被担保人名称及是否为上市公司关联人：上海金亭汽车线束有限公司（以下简 称"上海金亭"）、江苏永鼎电气有限公司（以下简称"永鼎电气"）、苏州新材料 研究所有限公司（以下简称"苏州新材料"）为上市公司合并报表范围内子公司，不 存在其他关联关系。 ●本次担保金额及已实际为其提供担保的余额： 1、本次为全资子公司上海金亭申请银行授信提供担保，担保额为人民币 6,500.00 万元，本公司已实际为其提供担保的余额 16,100.00 万元人民币。 2、本次为全资子公司永鼎电气申请银行授信提供担保，担保额为人民币 1,000.00 万元，本公司已实际为其提供担保的余额 3,500.00 万元人民币。 3、本次为控股子公司苏州新材料申请银行授信提供担保，担保额为人民币 500.00 万元，本公司已实际为其提供担保的余额 500.00 万元人民币。 ●本次担保是否有反担保：本次为全资子公司上海金亭、永鼎电气提供的担保， 无反担保；为控股子公司苏州新材料提供的担 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 935,489,337.40, representing a year-on-year increase of 1.21%[6] - The net profit attributable to shareholders for Q1 2023 was CNY 24,150,076.99, a significant increase of 68.17% compared to the same period last year[6] - The basic earnings per share for Q1 2023 was CNY 0.0172, reflecting a growth of 68.63% year-on-year[7] - Total operating revenue for Q1 2023 was RMB 935,489,337.40, an increase from RMB 924,276,252.86 in Q1 2022, representing a growth of approximately 1.3%[20] - The company's net profit for Q1 2023 is not explicitly stated, but the increase in operating costs suggests potential pressure on profitability[20] - Net profit rose to ¥29,817,907.98, up 66.5% from ¥17,930,438.43 in the same quarter last year[21] - Operating profit increased to ¥34,391,003.48, compared to ¥21,305,422.90, marking a growth of 61.4%[21] - Total revenue from operating activities reached ¥842,000,668.72, a 24.2% increase from ¥677,633,928.35 year-over-year[23] - The total comprehensive income amounted to ¥26,769,392.36, up 51.6% from ¥17,657,191.20 in the same quarter last year[22] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to CNY 8,136,729,155.15, an increase of 2.47% from the end of the previous year[7] - Total current assets increased to RMB 3,842,448,879.48 as of March 31, 2023, from RMB 3,700,328,133.52 at the end of 2022, reflecting a growth of about 3.8%[15] - Total liabilities as of March 31, 2023, were RMB 4,904,427,313.05, up from RMB 4,682,553,645.28 at the end of 2022, an increase of approximately 4.7%[16] - The company's total assets reached RMB 8,136,729,155.15 as of March 31, 2023, compared to RMB 7,940,277,927.83 at the end of 2022, marking a growth of about 2.5%[17] - The long-term equity investment as of March 31, 2023, was RMB 1,499,681,990.92, slightly up from RMB 1,474,561,327.26 at the end of 2022, an increase of approximately 1.7%[15] - The total owner's equity as of March 31, 2023, was RMB 3,232,301,842.10, down from RMB 3,257,724,282.55 at the end of 2022, a decrease of approximately 0.8%[17] Cash Flow - The cash flow from operating activities for Q1 2023 was CNY 62,174,005.51, with no applicable year-on-year comparison[6] - Cash flow from operating activities turned positive at ¥62,174,005.51, compared to a negative cash flow of ¥222,810,209.24 in the previous year[24] - Investment activities resulted in a net cash outflow of ¥124,994,795.28, worsening from a net outflow of ¥39,172,955.91 in the prior year[24] - Financing activities generated a net cash inflow of ¥89,286,649.43, down from ¥184,588,932.65 year-over-year[24] - The cash and cash equivalents as of March 31, 2023, were RMB 1,148,232,689.69, down from RMB 1,200,830,624.65 at the end of 2022, a decrease of approximately 4.4%[14] - The cash and cash equivalents at the end of the period were ¥914,680,456.52, compared to ¥1,088,304,748.47 at the end of the previous year[24] Expenses and Investments - Research and development expenses rose by 54.34%, attributed to the partial capitalization of R&D investments in the previous year[9] - R&D expenses increased to ¥46,904,275.51 from ¥30,390,213.49, representing a growth of 54.4% year-over-year[21] - The company experienced a 394.98% increase in asset impairment losses, mainly due to market price impacts leading to inventory write-downs for certain fiber optic products[9] - Total operating costs for Q1 2023 were RMB 946,686,540.25, compared to RMB 935,408,058.56 in Q1 2022, indicating an increase of about 1.4%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 72,025, with the largest shareholder holding 28.23% of the shares[11] - Basic and diluted earnings per share increased to ¥0.0172 from ¥0.0102, reflecting a growth of 68.6%[22] Future Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[6]

Financial Performance - In 2022, the parent company achieved a net profit of ¥44,594,256.23, while the consolidated net profit attributable to the parent company was ¥226,072,139.72[5]. - The company's operating revenue for 2022 was approximately ¥4.23 billion, representing an increase of 8.13% compared to ¥3.91 billion in 2021[24]. - Net profit attributable to shareholders increased by 87.37% to approximately ¥226.07 million in 2022 from ¥120.66 million in 2021[24]. - The basic earnings per share rose to ¥0.16 in 2022, a 77.78% increase from ¥0.09 in 2021[25]. - The weighted average return on equity improved to 7.79% in 2022, up 3.54 percentage points from 4.25% in 2021[25]. - The company reported a net cash flow from operating activities of approximately -¥495.48 million in 2022, an improvement from -¥785.10 million in 2021[24]. - The total assets of the company reached approximately ¥7.94 billion at the end of 2022, a 6.75% increase from ¥7.44 billion at the end of 2021[24]. - The operating cost for 2022 was CNY 3,662.16 million, up 4.04% from CNY 3,519.93 million in the previous year[86]. - The company achieved a net cash flow from financing activities of CNY 536.71 million, a 125.83% increase compared to CNY 237.66 million in 2021[86]. Business Strategy and Expansion - The company plans not to distribute profits or increase capital reserves due to significant funding needs for ongoing business expansion and investment projects[5]. - The company is currently in a rapid development phase, focusing on new business expansion[5]. - The company has increased its focus on non-telecom and overseas markets, leading to a rise in order volume and improved profitability[25]. - The company is actively expanding its overseas business in the power transmission sector, particularly in South Asia and East Africa, while maintaining a cautious bidding strategy[43]. - The company is committed to expanding its overseas market presence, particularly in Latin America, Europe, and Asia, while increasing its market share in both operator and non-operator segments[136]. - The company has established a strategic layout focusing on "optical-electrical integration and collaborative development" in its business operations[57]. - The company is focusing on the commercialization of superconducting technology, particularly in applications such as magnetic induction heating and controlled nuclear fusion[135]. Research and Development - The company invested CNY 184.53 million in R&D, reflecting an 18.38% increase from CNY 155.89 million in 2021[86]. - The company has established a joint research institute with Nanjing University of Posts and Telecommunications to advance 5G technology applications[80]. - The company is focusing on the research and development of optical fiber preform, which is crucial for the production of optical fiber and cable products[122]. - The company has applied for a total of 146 patents in 2022, including 57 invention patents, and authorized 199 patents, with 42 being invention patents[101]. - The company is investing in R&D for intelligent algorithms and high-performance data collection to enhance its capabilities in data application and security services[42]. - The company has made significant advancements in R&D for new energy vehicle high-voltage wiring harnesses and automation processes, with successful applications in multiple mass-produced models[103]. Governance and Compliance - The company received a standard unqualified audit report from Asia-Pacific (Group) CPA[4]. - The board of directors and management guarantee the authenticity and completeness of the annual report[9]. - The company has not violated decision-making procedures for external guarantees[8]. - The company is committed to enhancing its governance structure, ensuring compliance with laws and regulations, and maintaining fair practices in transactions with controlling shareholders[146]. - The company has established a performance evaluation and incentive mechanism for senior management to ensure transparency and accountability in hiring and performance assessments[147]. - The company emphasized transparency and compliance with information disclosure regulations throughout the reporting period[148]. Market Trends and Industry Insights - The global optical communication market is driven by 5G, cloud computing, and data centers, with a continuous increase in demand for optical fiber and cable, particularly in emerging markets[47]. - The electric wire and cable industry in China has a market size exceeding one trillion RMB, driven by rapid economic growth and industrialization[56]. - The information communication industry is projected to reach RMB 4.3 trillion in revenue by 2025, with a compound annual growth rate (CAGR) of 10%[121]. - The number of gigabit broadband users is expected to grow from 6.4 million in 2020 to 60 million by 2025, representing a CAGR of 56%[121]. - The market for optical chips with speeds of 25G and above is anticipated to grow from USD 1.356 billion to USD 4.340 billion from 2019 to 2025, with a CAGR of 21.4%[126]. Employee and Talent Management - The company has established a multi-level talent training system, emphasizing the cultivation of high-level young talents and enhancing the professional skills of its workforce[181]. - The company has a total of 4,053 employees, with 642 in the parent company and 3,411 in major subsidiaries[177]. - The professional composition of employees includes 2,567 production personnel, 277 sales personnel, 811 technical personnel, 127 financial personnel, and 271 administrative personnel[177]. - The company has implemented a long-term incentive mechanism through a restricted stock incentive plan to attract and retain talent[175]. Environmental and Social Responsibility - The company has invested 4.9755 million yuan in environmental protection during the reporting period[195]. - The company has been recognized as a national "green factory" and continues to promote green manufacturing initiatives across its subsidiaries[198]. - The company has established emergency response plans for environmental incidents to enhance its ability to manage such events[197]. - The company adheres to the principle of "whoever pollutes, whoever governs," actively promoting resource and energy conservation[200].

| 证券代码：600105 | 证券简称：永鼎股份 | 公告编号：临 | 2023-037 | | --- | --- | --- | --- | | 债券代码：110058 | 债券简称：永鼎转债 | | | 江苏永鼎股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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。 重要内容提示： 会议召开时间：2023 年 05 月 05 日(星期五) 上午 10:00-11:00 会 议 召 开 地 点 ： 上海证券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 04 月 25 日(星期二) 至 05 月 04 日(星期四)16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 （zqb@yongding.com.cn）进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 江苏永鼎股份有限公司（以下简称"公司"） ...

Group 1: Company Strategy and Development - The company aims for "century-long development" with a strategic focus on "optical-electrical integration and collaborative development" [1] - Key development guidelines include "layout optimization, talent introduction, management improvement, technological advancement, and intelligent upgrading" to enhance overall competitiveness [1] - The optical communication industry will focus on "new infrastructure" and provide DCI data collection and information service solutions [2] Group 2: Financial Performance - As of December 31, 2021, total assets amounted to CNY 743,830.84 million, with a debt-to-asset ratio of 57.06%, showing an increase in assets and a decrease in the debt ratio compared to the previous year [2] - The company reported a net profit attributable to shareholders of CNY 680.25 million in 2021, marking a significant turnaround from losses in the previous year [3] - Revenue for 2021 reached CNY 1.296 billion, reflecting a year-on-year increase of 20.95% [3] Group 3: Business Segments and Clientele - The automotive wiring harness segment has major clients including SAIC Volkswagen, Volvo, and NIO, with a 600% year-on-year increase in high-voltage business [2] - The company has secured 18 new projects from clients such as SAIC Volkswagen and Cummins, despite challenges from chip shortages and the pandemic [2] - The overseas power engineering business has successfully delivered contracts worth over USD 1.5 billion, focusing on countries along the "Belt and Road" initiative [3] Group 4: Research and Development - The company is increasing investment in the R&D of "optical modules, optical devices, and optical chips" to align with the trends of "dual-gigabit" acceleration and data center expansion [2] - A complete business chain from chips to systems is being established, with stable supply of AWG and filter products achieved in 2021 [3]

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,248,733,964.46, representing a 46.03% increase compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was ¥51,056,799.79, showing a significant increase of 276.70% year-over-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥38,975,279.27, a remarkable increase of 3,136.74% compared to the same period last year[7]. - The basic earnings per share for Q3 2022 was ¥0.036, reflecting a 260.00% increase year-over-year[10]. - Total operating revenue for the first three quarters of 2022 reached ¥3,089,947,541.26, an increase of 9.8% compared to ¥2,814,427,912.61 in the same period of 2021[33]. - Net profit attributable to shareholders of the parent company was ¥81,444,731.44, a decrease of 42.2% from ¥140,863,216.87 in the previous year[36]. - The company reported a net profit of ¥94,771,555.01, down from ¥168,079,252.87, indicating a decline of 43.6% year-over-year[36]. - Total comprehensive income for the period was CNY 102,400,484.31, down from CNY 167,650,631.31 in the same period last year, representing a decrease of approximately 38.9%[38]. - Basic and diluted earnings per share were CNY 0.058, compared to CNY 0.102 in the previous year, reflecting a decline of 43.1%[38]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥7,727,597,874.67, which is a 3.89% increase from the end of the previous year[10]. - As of September 30, 2022, the company's total assets amounted to RMB 7,727,597,874.67, an increase from RMB 7,438,308,376.74 at the end of 2021, representing a growth of approximately 3.9%[23]. - The company's current assets totaled RMB 3,816,344,452.00, compared to RMB 3,664,390,781.15 at the end of 2021, indicating an increase of about 4.1%[26]. - The company's total liabilities reached RMB 3,816,344,452.00, up from RMB 3,664,390,781.15, indicating a growth of about 4.1%[26]. - The total liabilities increased to ¥4,642,054,326.54 from ¥4,243,928,401.08, marking a growth of 9.4%[30]. - Total equity attributable to shareholders of the parent company was ¥2,852,114,515.01, a slight increase from ¥2,837,244,344.88[30]. Cash Flow - The company's cash flow from operating activities for the year-to-date was negative at ¥-480,723,821.79[7]. - Net cash flow from operating activities was negative CNY 480,723,821.79, an improvement from negative CNY 599,893,324.51 year-over-year[41]. - Cash inflow from operating activities totaled CNY 2,589,343,746.76, while cash outflow was CNY 3,070,067,568.55, resulting in a net cash flow deficit[41]. - Cash flow from investing activities was negative CNY 190,172,994.81, compared to negative CNY 296,874,206.19 in the same period last year, indicating a reduced outflow[41]. - Cash flow from financing activities generated a net inflow of CNY 387,046,533.96, up from CNY 257,862,539.62 year-over-year, showing an increase of approximately 50.0%[41]. - The ending balance of cash and cash equivalents was CNY 907,367,166.30, down from CNY 1,244,275,074.23 in the previous year, a decrease of about 27.0%[43]. Operational Highlights - The company reported a significant increase in automotive wiring harness sales due to the production ramp-up of the JCSB project, contributing to revenue growth[13]. - The company expects continued growth in overseas engineering projects and recovery in the optical cable industry, which will positively impact future performance[13]. - The company has seen a recovery in the optical cable industry, which is expected to support overall profit growth moving forward[13]. - Research and development expenses amounted to ¥113,751,134.94, slightly down from ¥123,064,857.23, showing a decrease of 7.5%[34]. - The company has not disclosed any significant new strategies or product developments during the reporting period[28]. Other Financial Metrics - Non-recurring gains for Q3 2022 included ¥7,317,195.65 from the disposal of non-current assets and ¥8,444,826.17 from government subsidies closely related to normal business operations[10]. - The company's financial expenses decreased to ¥28,081,564.62 from ¥59,769,123.44, a reduction of 53.1%[34]. - The company reported a tax expense of ¥12,160,474.70, down from ¥20,510,316.08, indicating a decrease of 40.5%[36]. - The company received CNY 109,720,683.47 in tax refunds, significantly higher than CNY 46,759,254.68 received in the previous year, marking an increase of approximately 134.0%[41]. - Total cash inflow from investment activities was CNY 124,176,634.75, down from CNY 202,533,054.94 year-over-year, indicating a decrease of about 38.7%[41]. - The company paid CNY 445,946,609.49 in employee compensation, an increase from CNY 374,283,785.34 in the previous year, reflecting a rise of approximately 19.1%[41].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,841,213,576.80, a decrease of 6.03% compared to ¥1,959,294,057.63 in the same period last year [22]. - The net profit attributable to shareholders of the listed company was ¥30,387,931.65, down 76.13% from ¥127,309,504.26 in the previous year [22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,369,345.90, an increase of 120.52% compared to ¥11,051,005.04 in the same period last year [22]. - The net cash flow from operating activities was -¥500,288,466.27, showing a slight improvement from -¥512,911,868.82 in the previous year [22]. - The net assets attributable to shareholders at the end of the reporting period were ¥2,797,964,946.91, a decrease of 1.38% from ¥2,837,244,344.88 at the end of the previous year [22]. - Total assets at the end of the reporting period were ¥7,521,072,386.58, an increase of 1.11% compared to ¥7,438,308,376.74 at the end of the previous year [22]. - Basic earnings per share decreased by 76.09% to CNY 0.022 compared to the same period last year [23]. - The net profit attributable to shareholders decreased by CNY 96.92 million, primarily due to the absence of significant equity transfer transactions that occurred in the previous year [23]. - The weighted average return on net assets decreased by 3.51 percentage points to 1.07% compared to the same period last year [23]. - The company reported a 112.50% increase in basic earnings per share after deducting non-recurring gains and losses, reaching CNY 0.017 [23]. Business Segments and Market Trends - Automotive wiring harness business revenue reached CNY 750 million, a year-on-year increase of 29.95%, with a net profit of CNY 18.05 million, up 12.61% [24]. - The company actively adjusted its sales structure, reducing unprofitable orders and increasing efforts in non-operator and overseas market expansion, leading to a growth in operating profit [24]. - The domestic telecommunications industry saw an 8.3% revenue growth, with fixed asset investment increasing by 24.6% year-on-year [37]. - As of June 2022, the total number of 5G package users reached 928 million, with fixed broadband access users totaling 563 million, a net increase of 27.05 million from the previous year [37]. - In the first half of 2022, domestic passenger car production and sales reached 10.43 million and 10.35 million units, respectively, representing year-on-year growth of 6% and 3.4% [73]. - The domestic new energy vehicle market saw production and sales of 2.661 million and 2.6 million units in the first half of 2022, both showing a year-on-year increase of 120% [73]. - The wire and cable industry in China has a market size exceeding 1 trillion yuan, with a production volume of approximately 54.8 million kilometers in 2021, reflecting a year-on-year growth of 4.5% [62]. - The total sales revenue of related products in the wire and cable industry reached 1,115.4 billion yuan in 2021, up 3.6% year-on-year [62]. Strategic Initiatives and Investments - The company’s strategic focus includes the integration of optical communication products and big data applications, enhancing its competitive edge in the industry [30]. - The company plans to invest in high-end submarine cable projects to enhance its capabilities in marine cable business [54]. - The company is actively developing high-end products and increasing R&D investment to meet customer needs and achieve annual sales and profit targets [54]. - The company is exploring new business opportunities in the Latin American market, particularly in Mexico and Panama, while also conducting market research in Europe [94]. - The company plans to raise a total of up to 1,005 million RMB through a private placement of shares, which will be used for high-end submarine and land cable projects, 5G core optical chip development, and repaying bank loans [181]. - The investment for the high-end submarine and land cable construction project in the Tongzhou Bay demonstration area is planned at 1.25 billion RMB, with project registration completed but progress slowed due to the pandemic [182]. Research and Development - Research and development expenses were ¥69,573,742.00, down 12.84% from ¥79,818,946.43 in the previous year, indicating a focus on successful market conversion of new technologies [108]. - The company is focusing on the R&D and industrialization of laser chips and AWG chips to enhance core technology control and product capabilities [131]. - The company has made significant advancements in high-temperature superconductors, achieving important progress in key application areas [92]. - The company completed the delivery of the first batch of high-temperature superconducting tapes for controlled nuclear fusion reactors, marking significant progress in this application area [105]. Environmental and Social Responsibility - The company is committed to environmental protection, adhering to national and local regulations, and has implemented measures to reduce waste emissions [152]. - The company has established a comprehensive environmental monitoring system, ensuring that all pollutants are discharged within the standards set by GB/T31962-2015, with COD at 500 mg/L and ammonia nitrogen at 45 mg/L [156]. - The company has been recognized as a national "Green Factory" by the Ministry of Industry and Information Technology in October 2018, and has continued to promote green manufacturing initiatives across its subsidiaries [157]. - The company has implemented measures to reduce carbon emissions, advocating for energy conservation and environmental protection, aiming for "zero accidents, zero injuries, and zero pollution" in its operations [158]. Corporate Governance and Shareholder Matters - The company held its 2021 Annual General Meeting on May 20, 2022, with a total of 492,536,512 shares represented, accounting for 34.91% of the total voting shares [138]. - The company approved several resolutions, including the adjustment of the non-public offering plan and the feasibility analysis report for the use of raised funds [136]. - The first extraordinary general meeting of 2022 was held on June 10, 2022, with 412,159,717 shares represented, which is 29.2093% of the total voting shares [140]. - The company did not distribute dividends or increase capital reserves for the year 2021, with no shares or cash dividends declared [145][148]. - The company announced the election of new board members and management, including the appointment of Lu Qinghai as the new general manager [144]. Risk Management - The company faces risks from unstable raw material supply and price increases, with a reliance on imports for high-end optical communication chips, which could impact production costs [131]. - The company is committed to improving management systems and talent incentives to mitigate risks associated with the commercialization of superconducting materials [134].

Financial Performance - The company's operating revenue for Q1 2022 was ¥924,276,252.86, representing an increase of 11.93% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was ¥14,360,790.39, a decrease of 88.09% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,929,154.89, an increase of 110.66% compared to the previous year[6]. - Basic earnings per share were ¥0.0102, down 88.32% from the same period last year[9]. - The weighted average return on equity was 0.50%, a decrease of 3.85 percentage points compared to the end of the previous year[9]. - Total profit amounted to CNY 21,032,107.06, down from CNY 158,597,247.31, indicating a decrease of about 86.76%[34]. - Operating profit was CNY 21,305,422.90, compared to CNY 159,790,454.75 in the prior year, reflecting a decline of approximately 86.66%[34]. - Total comprehensive income attributable to shareholders of the parent company was CNY 14,225,331.94, down from CNY 120,775,382.15, indicating a decrease of about 88.24%[34]. Cash Flow and Assets - The net cash flow from operating activities was -¥222,810,209.24, a decrease of 43.14% year-on-year[6]. - Cash flow from operating activities showed a net outflow of CNY 222,810,209.24, worsening from a net outflow of CNY 155,660,911.11 in the previous year[36]. - Cash flow from investing activities resulted in a net outflow of CNY 39,172,955.91, compared to a net outflow of CNY 136,631,613.42 in the prior year[38]. - Cash flow from financing activities generated a net inflow of CNY 184,588,932.65, a significant increase from a net inflow of CNY 5,097,915.64 in the previous year[38]. - The company's cash and cash equivalents as of March 31, 2022, amount to 1,240,502,574.76 RMB, down from 1,304,778,460.73 RMB at the end of 2021[23]. - The cash and cash equivalents at the end of the period were CNY 1,088,304,748.47, down from CNY 1,596,072,503.32 in the previous year[38]. - Total assets at the end of the reporting period were ¥7,578,104,451.53, an increase of 1.88% from the end of the previous year[9]. - Total assets as of Q1 2022 reached 7,578,104,451.53 RMB, compared to 7,438,308,376.74 RMB at the end of Q1 2021[31]. - Current assets totaled 3,746,017,522.03 RMB, up from 3,664,390,781.15 RMB year-over-year[26]. - Non-current assets amounted to 3,832,086,929.50 RMB, an increase from 3,773,917,595.59 RMB in the previous year[26]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 65,184[16]. - Yongding Group Co., Ltd. holds 410,703,747 shares, accounting for 29.11% of the total shares[16]. - The second-largest shareholder, Shanghai Dongchang Enterprise Group Co., Ltd., holds 48,081,539 shares, representing 3.41%[16]. - The total number of shares held by the top ten shareholders is significant, with Yongding Group being the largest[16]. Expenses and Liabilities - Total operating costs for Q1 2022 were 935,408,058.56 RMB, up 9.38% from 855,243,626.21 RMB in Q1 2021[31]. - Research and development expenses for Q1 2022 amounted to 30,390,213.49 RMB, a decrease of 13.06% from 34,952,984.96 RMB in Q1 2021[31]. - Total liabilities increased to 4,366,172,373.49 RMB in Q1 2022 from 4,243,928,401.08 RMB in Q1 2021[31]. - The company reported a decrease in employee compensation payable to 60,876,590.25 RMB from 76,924,879.99 RMB in the previous year[29]. Other Income and Gains - The company recognized non-recurring gains of ¥5,148,875.24 from the disposal of non-current assets[12]. - The company reported a significant increase in prepayments by 89.40%, mainly due to payments for overseas engineering projects[12]. - The company experienced a 125.38% increase in other income, primarily from government subsidies related to asset projects[12]. - The company transferred a 20% stake in Yongding Hangyuan (Nanjing) Information Technology Co., Ltd. for 1.62 million RMB, based on an assessed value of 8.0692 million RMB[20]. - After the transaction, Yongding Zhiyuan will hold 31% of Yongding Hangyuan, while Shao Zhufeng will control 69%[22]. - The company has not disclosed any other significant related party transactions beyond the mentioned equity transfer[22].

Financial Performance - The net profit for the parent company in 2021 was CNY 64,575,595.51, while the consolidated net profit attributable to the parent company's owners was CNY 120,656,333.41[6]. - The total distributable profit for shareholders at the end of 2021 was CNY 264,735,933.31 after accounting for the retained earnings and statutory reserve[6]. - The company's operating revenue for 2021 was approximately RMB 3.91 billion, an increase of 19.00% compared to RMB 3.29 billion in 2020[29]. - The net profit attributable to shareholders in 2021 was approximately RMB 120.66 million, a significant recovery from a loss of RMB 559.59 million in 2020[29]. - The basic earnings per share for 2021 was RMB 0.09, compared to a loss of RMB 0.43 per share in 2020[31]. - The weighted average return on equity for 2021 was 4.25%, a recovery from -20.51% in 2020[31]. - The net cash flow from operating activities in 2021 was negative at approximately RMB -785.10 million, a decline of 176.20% from RMB 1.03 billion in 2020[29]. - The company's net assets attributable to shareholders increased by 4.64% to approximately RMB 2.84 billion at the end of 2021, compared to RMB 2.71 billion at the end of 2020[29]. - The company reported a net profit increase of RMB 68.02 million in 2021, primarily due to improved project margins and reduced uncertainties from the pandemic[31]. - The total profit for the period was CNY 139.04 million, while the net increase in cash and cash equivalents was a negative CNY 724.76 million[110]. Business Strategy and Expansion - The company plans not to distribute profits or increase capital reserves in 2021 due to significant funding needs for business expansion and new project investments[7]. - The company is in a phase of rapid development and new business expansion, requiring substantial capital investment[7]. - The company plans to complete mass production of special application optical fibers in 2022, enhancing its product structure and market competitiveness[43]. - The company is actively exploring the Latin American market, focusing on Mexico and Panama as dual operational centers for expanding overseas sales[44]. - The company has secured multiple new projects with major clients, including NIO and Didi, establishing itself as an important member of their supply chains[50]. - The company plans to invest CNY 1.25 billion in establishing a wholly-owned subsidiary for high-end submarine cable production to meet the demand from offshore wind power and marine exploration[156]. - The company is focusing on expanding its market presence and enhancing its product offerings in response to changing market demands and conditions[156]. Audit and Compliance - The company has received a standard unqualified audit report from Asia-Pacific (Group) CPA[5]. - The board of directors and supervisory board members have confirmed the accuracy and completeness of the annual report[4]. - The company has not faced any issues with a majority of directors being unable to ensure the authenticity of the annual report[9]. - The company has not violated any decision-making procedures regarding external guarantees[9]. - There are no non-operating fund occupations by controlling shareholders or related parties reported[9]. Market and Industry Trends - The information and communication industry is projected to grow at a compound annual growth rate (CAGR) of 10%, reaching 4.3 trillion yuan by 2025, with a significant increase in gigabit broadband users from 6.4 million in 2020 to 60 million by 2025[173]. - The demand for optical fiber and cable in China is expected to reach 261 million core kilometers in 2022, reflecting a year-on-year growth of 6.5%[180]. - The global optical fiber and cable market is anticipated to maintain a long-term sustainable growth, with a projected annual growth rate of 6.2% in 2021 and 7% in 2022[181]. - The market for optical chips used in 25G and above is projected to grow from $1.356 billion in 2019 to $4.340 billion by 2025, with a CAGR of 21.4%[185]. - The total automobile sales in China for 2022 are expected to reach 27.5 million units, with a 5% year-on-year growth, and the new energy vehicle sales are projected to reach 5 million units, growing by 42%[189]. - The global submarine cable market is projected to grow from 11.9 billion yuan in 2020 to 57.8 billion yuan by 2025, with a compound annual growth rate (CAGR) of 37%[199]. Research and Development - The company applied for 226 patents, including 65 invention patents, and authorized 149 patents, with 42 being invention patents[133]. - The company is focusing on expanding its R&D capabilities in high-speed optical chips, which are experiencing rapid growth and broadening application fields[184]. - The company achieved significant advancements in the automotive wiring harness sector, obtaining 31 patents related to new energy vehicle technologies[137]. - Research and development expenses decreased by 6.70% to CNY 155.89 million, reflecting a focus on cost management[112]. Subsidiary Performance - The net profit of Shanghai Jinting Automotive Wiring Co., Ltd. turned positive at CNY 100.28 million, recovering from a loss of CNY 32.99 million in the previous year due to improved market conditions[167]. - The net profit of Jiangsu Yongding Taifu Engineering Co., Ltd. increased by CNY 6.81 million to CNY 7.88 million, driven by the completion of several projects in Bangladesh[167]. - The company’s subsidiary Jiangsu Yongding Electric Co., Ltd. achieved a profit of CNY 180.37 million, recovering from a loss of CNY 586.28 million in the previous year due to increased sales from new and existing customers[167]. Cash Flow and Financial Management - The company reported a net cash flow from operating activities of negative CNY 785.10 million, a significant decline from the previous year's positive cash flow[115]. - Cash and cash equivalents decreased by 35.44% to 1,304,778,460.73 yuan, primarily due to payments for the Bangladesh project amounting to 581.13 million yuan[144]. - The company’s cash flow management improved, leading to a 71.17% decrease in receivables financing to 10,746,323.02 yuan[147].