Financial Performance - The company's operating revenue for the first half of 2023 was CNY 1,762,626,147.09, a decrease of 1.18% compared to CNY 1,783,682,857.50 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 35,669,546.38, down 25.81% from CNY 48,078,041.43 year-on-year[19]. - The net cash flow from operating activities was CNY 115,021,298.46, representing a decline of 47.24% compared to CNY 218,000,895.29 in the previous year[19]. - Basic earnings per share decreased by 25.00% to CNY 0.06 compared to the same period last year[20]. - Diluted earnings per share also decreased by 25.00% to CNY 0.06 compared to the same period last year[20]. - The weighted average return on equity decreased by 0.43 percentage points to 1.41%[20]. - The company reported a net profit of CNY -2,644,489.60 after deducting non-recurring gains and losses, a significant decrease of 106.53% compared to CNY 40,483,111.01 in the same period last year[19]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,607,606,960.03, an increase of 1.93% from CNY 6,482,435,006.87 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company decreased by 2.68% to CNY 2,446,438,664.82 from CNY 2,513,783,160.91 at the end of the previous year[19]. - The company's total share capital remained unchanged at CNY 616,383,477.00[19]. - The company's total liabilities decreased to RMB 3,864,716,525.18 from RMB 3,610,502,882.43, a reduction of about 7.03%[124]. - Long-term borrowings increased significantly to RMB 2,328,500,000.00 from RMB 1,560,981,083.20, reflecting an increase of approximately 48.98%[124]. - The company's short-term borrowings decreased by 62.49% to RMB 259,629,842.77 compared to the previous year[49]. Market and Industry Insights - The company operates in the powder metallurgy industry, which is experiencing growth due to the demand for new energy materials[27]. - Soft magnetic composite materials (SMC) are increasingly used in electric vehicles and power electronics, supporting the shift towards electrification[28]. - The company anticipates significant growth opportunities in the new energy vehicle and energy storage sectors[29]. - The automotive sector is shifting towards electric and hybrid vehicles, creating demand for powder metallurgy products[29]. - The domestic MIM industry in the automotive sector is less developed compared to the consumer electronics sector, with sales significantly lower than in Europe and the US[31]. - The company has potential for market expansion in the automotive industry due to its accumulated capital, technology, and brand advantages[30]. Research and Development - The company has established a national-level enterprise technology center and has strong partnerships with renowned domestic universities, enhancing its R&D capabilities[36]. - The company’s three major technology platforms (P&S, SMC, MIM) are positioned to provide optimal new material solutions for high-end manufacturing and renewable energy sectors[34]. - The MIM process has significant application potential in the medical device sector, with current applications including surgical instruments and orthodontic tools[33]. - The company is actively developing products and solutions for the UPS, server power supply, and communication power supply markets, which are expected to see continuous growth[34]. Environmental Responsibility - The company has been listed as a key pollutant discharge unit by environmental authorities, indicating its commitment to environmental responsibility[76]. - The company has implemented a closed system for dust transportation and installed dust collectors in the workshop, ensuring compliance with air pollution discharge standards[80]. - The company has adopted low-noise equipment and installed soundproof doors and windows to minimize noise pollution during production[86]. - The company has established an online monitoring system for wastewater discharge, connected to environmental authorities[82]. - The company has completed the first phase of the environmental impact assessment for the production line project, which has a capacity of 10,000 tons per year, and the second phase is still under construction[81]. Shareholder Information - The company has a total of 31,794 common shareholders as of the end of the reporting period[112]. - The top ten shareholders hold a total of 65,467,200 shares, representing 10.62% of the company[114]. - Ningbo Jinguang Investment Co., Ltd. holds 51,111,016 shares, accounting for 8.29% of the total shares[114]. - The largest shareholder, Shanghai Yicai Investment Management Partnership, has reduced its holdings by 10,282,500 shares, now holding 18,817,500 shares, or 3.05%[114]. Financial Reporting and Compliance - The financial statements are prepared on a going concern basis, with no significant doubts regarding the company's ability to continue operations for the next 12 months[156]. - The company adheres to accounting standards, ensuring that financial statements accurately reflect its financial position and operating results[158]. - The company applies specific accounting policies for financial instruments, fixed asset depreciation, and revenue recognition[157]. - The company confirms its financial assets and liabilities based on the fair value at initial recognition, with subsequent measurement methods varying by asset type[170]. Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue streams[130]. - The company is closely monitoring advanced manufacturing technologies and plans to invest in capacity expansion when conditions are favorable[68]. - The company is exploring opportunities for international production base layout to adapt to new market conditions[68].

证券代码：600114 股票简称：东睦股份 编号： 2023-039 东睦新材料集团股份有限公司 NBTM NEW MATERIALS GROUP Co., Ltd. 关于召开 2023 年半年度业绩说明会的公告 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8月2日(星期三) 15:00～16:00 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7月26日(星期三)至8月1日(星期二)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 ir@pm-china.com 进行提问。公司将在说明会上，在信息披露允许范围内 就投资者普遍关注的问题进行回答 东睦新材料集团股份有限公司（以下简称"公司"）将于2023年8月1 日发布公司2023年半年度报告。为便于广大投资者更全面深入地了解公司 2023年半年度经营成果、财务状况，公司计划于202 ...

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5月17日（星期三）9:00～10:00 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 证券代码：600114 股票简称：东睦股份 编号： 2023-024 东睦新材料集团股份有限公司 NBTM NEW MATERIALS GROUP Co., Ltd. 关于召开 2022 年度暨 2023 年第一季度业绩 说明会的公告 投资者可于2023年5月10日(星期三) 至5月16日(星期二)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 tangym@pm-china.com 进行提问。公司将在说明会上，在信息披露允许范 围内就投资者普遍关注的问题进行回答 东睦新材料集团股份有限公司（以下简称"公司"）已于2023年4月 27日发布公司2022年年度报告和2023年第一季度报告。为便于广大投资者 更全面深入地了解 ...

Financial Performance - The company's operating revenue for 2022 was CNY 3,726,341,916.49, representing a 3.76% increase compared to CNY 3,591,326,907.23 in 2021[21]. - The net profit attributable to shareholders in 2022 was CNY 155,737,810.57, a significant increase of 472.70% from CNY 27,193,400.38 in 2021[21]. - The basic earnings per share for 2022 was CNY 0.25, up 525.00% from CNY 0.04 in 2021[22]. - The weighted average return on equity increased to 6.21% in 2022, up by 5.17 percentage points from 1.04% in 2021[22]. - The net cash flow from operating activities for 2022 was CNY 309,503,243.98, a 15.36% increase from CNY 268,304,871.15 in 2021[21]. - Total assets at the end of 2022 were CNY 6,482,435,006.87, reflecting a 5.71% increase from CNY 6,132,144,137.88 at the end of 2021[21]. - The net asset attributable to shareholders at the end of 2022 was CNY 2,513,783,160.91, a decrease of 2.67% from CNY 2,582,688,776.78 at the end of 2021[21]. - The company reported a net profit of CNY 61,854,515.40 in Q4 2022, compared to CNY 6,886,096.42 in Q1 2022, showing significant quarterly growth[26]. - Non-recurring gains and losses for 2022 totaled CNY 15,992,792.58, down from CNY 65,088,870.40 in 2021[29]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares to all shareholders based on the total share capital on the equity distribution date[5]. - The company does not plan to increase capital reserves to share capital in 2022[5]. - The company has maintained a cash distribution policy since its listing in May 2004, distributing cash dividends annually[148]. - The cash dividend for the fiscal year 2021 was set at 0.05 RMB per share, totaling 30,819,173.85 RMB distributed to shareholders[149]. - The cash distribution ratio is set to be no less than 30% of the net profit for the year, provided certain conditions are met[148]. Corporate Governance - The company reported a standard unqualified audit opinion from Tianjian Accounting Firm[4]. - The company has established a comprehensive internal control system to ensure effective management and risk control across its subsidiaries[156]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate reporting of significant information[125]. - The board of directors consists of 9 members, including 3 independent directors, and held 9 meetings during the reporting period[124]. - The supervisory board completed its re-election with 5 members and held 8 meetings during the reporting period[125]. - The company has a clear structure for its board committees, including a strategy committee and an audit committee, to support decision-making[124]. - The company maintains independence from its controlling shareholders, ensuring no conflicts of interest[126]. Market and Industry Position - The company holds a leading position in the powder metallurgy industry, with sales revenue accounting for 39.96% of the total sales of manufacturers within the China Powder Metallurgy Association from January to September 2022[45]. - The company is positioned to benefit from the growing demand in the new energy sector, particularly in applications for electric vehicles and power electronics[38]. - The global powder metallurgy market size reached USD 26.7 billion in 2021, projected to grow to USD 34.0 billion by 2027, with a CAGR of 4.1% from 2022 to 2027[103]. - The company aims to become a global leader in powder metallurgy, focusing on three key technology platforms: P&S, SMC, and MIM, to provide optimal new material solutions for the new energy and high-end manufacturing sectors[111][113]. Research and Development - The company has established a strong R&D team with 2 senior professors, 28 senior professionals, 7 PhDs, and 53 master's degree holders, enhancing its innovation capabilities[48]. - Research and development expenses totaled 270.88 million RMB, representing 7.27% of total revenue, with no capitalized R&D expenditures[66]. - The company aims to enhance its R&D efforts, particularly in SMC soft magnetic composite materials and P&S technology, to address customer pain points and industry challenges[116]. - The company is actively developing products for the 5G communication sector, with steady growth in sales revenue from metal magnetic powder core products used in power supplies[43]. Environmental and Social Responsibility - The company invested 1,930.17 million RMB in environmental protection during the reporting period[159]. - The company has received multiple environmental certifications, including ISO14001 and ISO45001, ensuring compliance with environmental management standards[176]. - The company has achieved a reduction of 4,924 tons in carbon emissions through measures such as using photovoltaic power generation and energy-saving modifications[178]. - Total donations for public welfare projects amounted to CNY 1.844 million, benefiting various local charitable initiatives[179]. - The company has invested CNY 20.607 million in poverty alleviation and rural revitalization projects, employing 306 individuals from key support counties[179]. Strategic Acquisitions and Investments - The company completed the acquisition of 100% equity in Zhejiang Dongmu Keda and Deqing Xincheng, enhancing resource allocation in the SMC segment[33]. - The company acquired 97% of Deqing Xincheng New Materials Co., Ltd. for 194 million RMB, which was completed in March 2022, and later acquired an additional 3% for 6.09 million RMB[63]. - The company aims to enhance its capital strength and profitability through strategic investments and acquisitions[90]. - The company is investing CNY 20,000,000 to establish a wholly-owned subsidiary in Shanxi for a soft magnetic materials production base, with a total project investment of CNY 700,000,000[81]. Risks and Challenges - The company anticipates potential risks from macroeconomic policy changes, production technology advancements, exchange rate fluctuations, and raw material cost pressures[120][121]. - The company reported a significant decrease in non-operating income, with non-recurring gains and losses falling by 75.43% to CNY 15,992,800 from CNY 65,088,900 in the previous year[72]. - The company has reported a decrease in sales volume for powder metallurgy and metal injection molding products due to macroeconomic factors, with powder metallurgy sales volume down by 7.13%[60]. Employee and Workforce Management - The total number of employees in the parent company is 653, while the main subsidiaries employ 4,665, resulting in a total of 5,318 employees[144]. - The company has a total of 9,753,117.85 hours of outsourced labor, with total payments amounting to 26,413.56 thousand yuan[147]. - The company has implemented a salary policy based on a core system of position wages and performance-based pay, linking assessments to revenue and profit[145]. - The training program includes the establishment of "Dongmu Academy" to enhance training management and improve employee skills through both internal and external training[146].

东睦新材料集团股份有限公司 2023 年第一季度报告 证券代码：600114 证券简称：东睦股份 东睦新材料集团股份有限公司 2023 年第一季度报告 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法律责任。 重要内容提示 (一)公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 1 / 12 单位：元 币种：人民币 项目 本报告期 本报告期比上年同期增减 变动幅度(%) 营业收入 802,005,234.11 -9.88 归属于上市公司股东的净利润 19,289,407.94 180.12 归属于上市公司股东的扣除非经常性 损益的净利润 -14,265,307.32 不适用 经营活动产生的现金流量净额 45,240,613.38 1.18 基本每股收益（元/股） 0.03 200.00 稀释每股收益（元/股） 0.03 200.00 加权平均净资产收益率（%） 0.76 增加 ...

东睦新材料集团股份有限公司 2022 年第三季度报告 单位：元 币种：人民币 证券代码：600114 证券简称：东睦股份 东睦新材料集团股份有限公司 2022 年第三季度报告 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法律责任。 重要内容提示： (一)公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 (二)公司负责人朱志荣、主管会计工作负责人肖亚军及会计机构负责人（会计主管人员）肖 亚军保证季度报告中财务信息的真实、准确、完整。 (三)第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | |-----------------------------------------------|------------------|--------------------------------------|------------------| ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2022, representing a year-on-year growth of 15%[15]. - The company's operating revenue for the first half of 2022 was CNY 1,783,682,857.50, representing a 2.84% increase compared to the same period last year[19]. - The net profit attributable to shareholders was CNY 48,078,041.43, a decrease of 20.74% year-on-year[19]. - The net profit after deducting non-recurring gains and losses was CNY 40,483,111.01, down 28.15% from the previous year[19]. - The basic earnings per share for the first half of 2022 was CNY 0.08, a decrease of 20.00% year-on-year[19]. - The company achieved a revenue of 178,368.29 million yuan in the first half of 2022, representing a year-on-year growth of 2.84%, with main business revenue at 176,229.66 million yuan, up 2.50%[38]. - The PM segment reported sales revenue of 89,213.59 million yuan, a year-on-year decrease of 11.36%, accounting for 50.62% of the main business revenue, primarily impacted by supply chain issues due to the pandemic[39]. - The SMC segment achieved sales revenue of 29,199.30 million yuan, a year-on-year increase of 23.30%, now representing 16.57% of main business revenue, driven by growth in the photovoltaic and new energy vehicle sectors[40]. - The MIM segment saw significant improvement with sales revenue of 57,816.77 million yuan, a year-on-year increase of 21.37%, accounting for 32.81% of main business revenue[44]. Market Expansion and Strategy - The company has set a future outlook with a revenue target of 2.5 billion RMB for the full year 2022, indicating a projected growth rate of 10%[15]. - The company is expanding its market presence, with plans to enter two new international markets by Q4 2022, aiming for a 5% market share in each[15]. - A strategic acquisition of a smaller competitor is in progress, which is anticipated to enhance production capacity by 25%[15]. - The company is focusing on expanding its market presence in the automotive sector, where there is significant potential for import substitution and global market expansion[31]. - The company is actively developing products for the information communication sector, with steady revenue growth from metal magnetic powder core products[31]. - The company plans to establish its headquarters as an SMC R&D center and a production base for high-end products, focusing on the new energy vehicle market[44]. Research and Development - The company has invested 50 million RMB in R&D for new technologies, focusing on improving product efficiency and sustainability[15]. - The company is focusing on the development of new powder metallurgy technologies to enhance product complexity and manufacturing efficiency[25]. - The company aims to expand its market applications by improving the density of powder metallurgy products and developing new material systems[26]. - The company has established a national-level enterprise technology center and collaborates with renowned universities to enhance its R&D capabilities[33]. - The company holds a total of 769 authorized patents, including 225 invention patents and 506 utility model patents, indicating strong R&D capabilities[34]. Financial Position and Assets - The total assets at the end of the reporting period were CNY 6,423,051,191.79, reflecting a 4.94% increase from the end of the previous year[19]. - The company's net assets attributable to shareholders decreased by 6.24% to CNY 2,420,211,828.79 compared to the end of the previous year[19]. - The company's total liabilities increased to CNY 3,663,257,870.35 from CNY 3,153,362,670.12, reflecting a growth of approximately 16.1%[140]. - The total equity attributable to shareholders decreased to CNY 2,420,211,828.79 from CNY 2,581,315,138.40, a decline of about 6.2%[140]. - The company reported a significant increase in goodwill, rising to CNY 575,870,583.05 from CNY 459,213,109.05, an increase of approximately 25.4%[138]. Operational Efficiency and Cost Management - The company has implemented new strategies to enhance operational efficiency, targeting a reduction in production costs by 8% over the next year[15]. - Operating costs rose to ¥1,408,484,287.94, reflecting a 7.00% increase from ¥1,316,317,352.15 year-on-year, primarily due to increased sales in the MIM and SMC segments[48]. - The company plans to enhance its group procurement platform to improve bargaining power and reduce the risk of raw material cost fluctuations[79]. Environmental and Regulatory Compliance - The company has been listed as a key pollutant discharge unit in both Ningbo and Huzhou, indicating its environmental impact and regulatory scrutiny[89]. - The company has implemented a closed system for dust collection during the production process, ensuring compliance with air quality standards[92]. - Wastewater treatment facilities utilize a combination of oil removal and sedimentation processes, with effluent meeting the Class 3 discharge standards[94]. - The company has achieved compliance with noise emission standards, with all monitored noise levels meeting the Class 3 standard[94]. - The company has established a monitoring system for wastewater discharge, which is connected to environmental authorities[92]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 28,698[125]. - The top shareholder, Mutsu Special Metal Industry Co., Ltd., holds 65,467,200 shares, accounting for 10.62% of total shares[126]. - The company experienced a decrease in shareholding among directors and senior management, with Zhu Zhirong reducing his holdings by 330,000 shares[131]. - The company has not reported any changes in its share capital structure during the reporting period[124]. Related Party Transactions - The company reported a total of 45,016 million CNY in estimated related party transactions for 2022, with 7,721.43 million CNY already realized in the first half of the year[110]. - The company reported a total of RMB 149.81 million in related party transactions, with a net balance of RMB 112.49 million at the end of the reporting period[114].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 889,949,563.33, representing a year-on-year increase of 3.69%[6] - The net profit attributable to shareholders of the listed company was CNY 6,886,096.42, a decrease of 84.76% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -2,738,416.25, reflecting a decline of 106.25% year-on-year[6] - The basic earnings per share for the period was CNY 0.01, down 85.71% from the previous year[6] - The net profit for Q1 2022 was CNY 7,096,184.11, a significant decrease from CNY 53,878,202.66 in Q1 2021, reflecting a decline of approximately 86.85%[31] - The total revenue from operating activities was CNY 733,993,403.37, down from CNY 829,586,306.96 in the same period last year, representing a decrease of about 11.5%[34] - The company reported a total comprehensive income of CNY 6,456,213.19 for Q1 2022, compared to CNY 53,377,657.40 in Q1 2021, indicating a decline of approximately 88.9%[31] - Earnings per share (EPS) for Q1 2022 were CNY 0.01, down from CNY 0.07 in Q1 2021, reflecting a decrease of 85.71%[31] Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,369,120,057.98, an increase of 4.06% compared to the end of the previous year[6] - Total assets increased to CNY 6,369,120,057.98 in Q1 2022 from CNY 6,120,540,647.38 in Q1 2021, marking a growth of approximately 4.1%[29] - Total liabilities rose to CNY 3,628,993,830.61 in Q1 2022 from CNY 3,153,362,670.12 in Q1 2021, indicating an increase of about 15.1%[29] - Shareholders' equity decreased to CNY 2,740,126,227.37 in Q1 2022 from CNY 2,967,177,977.26 in Q1 2021, reflecting a decline of approximately 7.6%[29] - The company reported a significant increase in long-term borrowings, which rose to CNY 1,565,050,614.72 from CNY 1,118,924,123.96, an increase of about 40%[28] Cash Flow and Investments - As of March 31, 2022, the company's cash and cash equivalents amounted to RMB 351,354,354.68, a decrease from RMB 365,000,388.03 on December 31, 2021, representing a decline of approximately 1.8%[21] - The cash and cash equivalents at the end of Q1 2022 were CNY 339,620,922.39, a slight decrease from CNY 345,164,694.67 at the end of Q1 2021[35] - The company incurred a net cash outflow from investing activities of CNY 208,319,243.16, compared to a net outflow of CNY 78,996,684.79 in the previous year[35] - The financing activities generated a net cash inflow of CNY 151,050,599.82, a turnaround from a net outflow of CNY 37,388,699.57 in Q1 2021[35] Operational Costs and Expenses - Total operating costs for Q1 2022 were CNY 893,156,796.96, up from CNY 806,065,020.06 in Q1 2021, indicating an increase of about 10.8%[29] - Gross profit margin decreased as the cost of goods sold rose to CNY 722,085,516.93 from CNY 629,453,909.53, reflecting a higher cost structure[29] - Research and development expenses for Q1 2022 were CNY 69,950,437.46, slightly down from CNY 73,946,743.23 in Q1 2021, showing a decrease of about 5.4%[29] - The decline in net profit was mainly due to rising raw material prices, increased energy costs, and higher depreciation expenses[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,403[12] - The company reported a total of 13,450,000 shares held through ordinary securities accounts by Huzhou Guozan Investment Management Partnership[17] - The company has a significant shareholder structure, with major shareholders including Mu Special Metal Industry Co., Ltd. holding 65,467,200 shares[16] Strategic Investments and Acquisitions - The company plans to acquire a 97% stake in Deqing Xincheng New Materials Co., Ltd. for RMB 194 million and a 40% stake in Zhejiang Dongmu Keda Magnetoelectric Co., Ltd. for RMB 232 million, enhancing its market position[19][20] - The company completed the capital increase for Zhejiang Dongmu Keda, raising RMB 220 million, increasing its registered capital from RMB 30 million to RMB 250 million[20] - The company received RMB 16,450,078.80 as the first installment of relocation compensation for Shanghai Fuchi High-Tech Co., Ltd. related to its factory move[18] - The total compensation for the relocation of Shanghai Fuchi is set at RMB 82,250,394.00[18] Other Financial Metrics - The weighted average return on equity was 0.27%, a decrease of 1.43 percentage points compared to the previous year[6] - The company’s other receivables increased slightly to RMB 73,459,227.36 from RMB 73,152,694.78, reflecting a marginal growth[21] - The company’s trading financial assets decreased to RMB 1,906,110.26 from RMB 2,088,710.46, showing a decline of approximately 8.7%[21] - The company reported a decrease in other comprehensive income, with a net amount of CNY -639,970.92 for Q1 2022, compared to CNY -500,545.26 in Q1 2021[31]

Financial Performance - The company's operating revenue for 2021 was approximately CNY 3.59 billion, representing a year-on-year increase of 9.38% compared to CNY 3.28 billion in 2020[21]. - The net profit attributable to shareholders for 2021 was CNY 25.82 million, a significant decrease of 70.49% from CNY 87.50 million in 2020[21]. - The net cash flow from operating activities increased by 110.01% to CNY 268.30 million in 2021, compared to CNY 127.76 million in 2020[21]. - The basic earnings per share for 2021 was CNY 0.04, down 71.43% from CNY 0.14 in 2020[23]. - The total assets of the company at the end of 2021 were approximately CNY 6.12 billion, an increase of 3.78% from CNY 5.90 billion at the end of 2020[21]. - The company reported a significant decline in net profit attributable to shareholders in Q4 2021, with a loss of CNY 58.83 million compared to profits in previous quarters[25]. - Non-recurring gains for 2021 amounted to CNY 65.09 million, compared to CNY 52.91 million in 2020[26]. - The company experienced a decrease in net assets attributable to shareholders, which fell by 2.02% to CNY 2.58 billion at the end of 2021[21]. - The weighted average return on equity for 2021 was 0.99%, down from 3.31% in 2020, indicating a decline in profitability[23]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 0.50 RMB per 10 shares to all shareholders based on the total share capital on the equity distribution date, with no capital reserve conversion to share capital for the year 2021[6]. - The company reported a cash dividend distribution of CNY 92,458,409.55, with a cash dividend of CNY 0.15 per share based on 616,389,397 shares[90]. - The total number of shares held by directors and senior management decreased from 10,014,947 at the beginning of the year to 7,676,947 by the end of the year, a reduction of 2,338,000 shares[145]. - The chairman and general manager, Zhu Zhirong, reduced his holdings by 440,000 shares, ending the year with 1,345,400 shares[145]. - The honorary chairman, Lu Debao, also reduced his holdings by 400,000 shares, ending with 1,227,213 shares[145]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding its future plans, development strategies, and financial forecasts, advising investors to be cautious[7]. - The company’s annual report includes a detailed description of the risks it faces, which investors are encouraged to review[8]. - The company has received a standard unqualified audit report from Tianjian Accounting Firm, ensuring the authenticity and completeness of the financial report[5]. - The company does not have any non-operating fund occupation by controlling shareholders or related parties, nor any violations in decision-making procedures for external guarantees[8]. - The company is committed to improving corporate governance and ensuring compliance with relevant laws and regulations to protect shareholder interests[137]. Research and Development - The company maintains R&D expenses at over 7% of revenue for the past two years, focusing on technological innovation in powder metallurgy[42]. - The company has accumulated rich customer resources in the automotive sector, which may drive significant breakthroughs in MIM technology applications[49]. - The company is actively developing products and application solutions for the 5G information communication and big data application fields, indicating a positive market outlook[52]. - The company is committed to increasing R&D investment and fostering partnerships with universities and research institutions to address industry challenges[128]. - The company’s R&D expenses increased by 17.01% to CNY 286.09 million, reflecting a commitment to innovation[61]. Market and Product Development - The company plans to continue focusing on market expansion and new product development to improve future performance[21]. - The PM segment achieved sales revenue of 1.868 billion RMB, a year-on-year increase of 15.09%, accounting for 52.60% of the company's main business revenue[35]. - The SMC segment sales revenue reached 506 million RMB, a year-on-year increase of 63.85%, accounting for 14.25% of the company's main business revenue[38]. - The MIM segment sales were 1.177 billion RMB, a year-on-year decrease of 8.84%, accounting for 33.15% of the company's main business revenue[39]. - The company aims to enhance its automotive product offerings, focusing on high-strength, high-temperature, and low-defect materials to meet stringent automotive industry requirements[49]. Environmental and Social Responsibility - The company is listed as a key pollutant discharge unit in both Ningbo and Zhejiang Province, focusing on waste gas, wastewater, noise, and solid waste management[183]. - The company has implemented pollution control facilities, including dust collection systems and wastewater treatment stations, ensuring compliance with national emission standards[186]. - The company has invested in environmental protection facilities and green projects to reduce carbon emissions and energy consumption[198]. - The company received the title of "Zhejiang Province Water-Saving Enterprise" and "Ningbo Green Supply Chain Management Demonstration Enterprise" in 2020, and "Ningbo Green Supply Chain Benchmark Enterprise" in 2021[196]. - The company awarded "Dongmu Scholarship" to 15 undergraduate and 5 graduate students in powder metallurgy at Central South University and Hefei University of Technology, with a total investment of 2.3 million yuan since 2011[199]. Corporate Governance - The company held 1 annual general meeting and 6 board meetings during the reporting period, ensuring transparency and adherence to governance protocols[139]. - The company’s governance structure includes independent directors and supervisors, ensuring oversight and accountability[145]. - The company has established a comprehensive internal control system in accordance with relevant regulations, ensuring effective execution and protecting investor interests[180]. - An independent audit of the internal control effectiveness for the year 2021 was conducted by Tianjian Accounting Firm, resulting in a standard unqualified opinion[181]. - The company has not faced any penalties from securities regulatory agencies in the past three years[156].

Financial Performance - The company's operating revenue for Q3 2021 was ¥956,643,203.05, representing a year-on-year increase of 7.52%[3] - The net profit attributable to shareholders for the same period was ¥23,992,690.42, with a year-to-date net profit of ¥84,647,644.96, reflecting a significant increase of 74.97% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥19,098,335.63 for Q3 2021, with a year-to-date figure of ¥75,441,852.57, showing a remarkable increase of 485.46% year-on-year[3] - The basic and diluted earnings per share for Q3 2021 were both ¥0.04, an increase of 75.00% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2021 reached CNY 2,691,033,734.11, an increase of 19.5% compared to CNY 2,252,211,941.26 in the same period of 2020[28] - Operating profit for the first three quarters of 2021 was CNY 97,355,013.60, up from CNY 71,892,136.90 in the previous year, reflecting a growth of 35.3%[30] - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was CNY 84,647,644.96, compared to CNY 48,377,251.92 in 2020, marking an increase of 75.0%[30] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,103,969,687.05, up 3.50% from the end of the previous year[5] - The company's current assets decreased to RMB 2.28 billion from RMB 2.30 billion at the end of 2020, primarily due to a reduction in cash and cash equivalents[23] - Inventory increased significantly to RMB 746.93 million, up from RMB 588.06 million at the end of 2020, indicating potential challenges in sales or production[23] - The total liabilities reached 2,938,016,574.90 RMB, showing an increase compared to the previous period[38] - The total assets of the company were reported at 5,950,988,351.50 RMB, demonstrating overall asset growth[36] Shareholder Information - The total number of common shareholders at the end of the reporting period was 38,153, with the largest shareholder holding 10.62% of the shares[11] - The largest shareholder, Mutsu Special Metals Co., Ltd., held 65,467,200 shares, representing 10.62% of the total shares[11] - Ningbo Jinguang Investment Co., Ltd. held 51,111,016 shares, accounting for 8.29% of the total shares, and is also a significant shareholder[11] Cash Flow and Financing - The net cash flow from operating activities for the year-to-date period was ¥108,325,269.28, which represents a decrease of 20.97% year-on-year[3] - The net cash flow from investment activities was -294,182,269.29 RMB, compared to -848,640,321.28 RMB in the previous year, indicating an improvement[34] - The total cash inflow from financing activities was 1,514,349,685.00 RMB, down from 2,189,803,342.32 RMB year-over-year[34] - The net cash flow from financing activities was 132,582,738.62 RMB, a significant decrease from 790,301,341.49 RMB in the previous year[34] Operational Challenges and Strategies - The company attributed the improved financial performance primarily to the integration of industrial resources in its Metal Injection Molding (MIM) segment, which reduced losses compared to the previous year[9] - The MIM segment integration is progressing, but the overall performance is not expected to improve significantly due to factors such as international political and economic changes and chip shortages affecting the consumer electronics industry[16] - The company is facing multiple operational challenges due to rising raw material costs, power restrictions, and increased international logistics costs[16] - The overall market expansion strategy includes increasing production capacity in key sectors, which is expected to contribute to future revenue growth[10] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to CNY 227,710,128.28, up from CNY 186,468,655.19 in the same period last year, indicating a rise of 22.1%[28] - The company reported non-recurring gains of ¥4,894,354.79 for Q3 2021, with significant contributions from government subsidies and asset disposals[8] - The company has optimized its product structure, leading to continuous rapid growth in sales revenue from soft magnetic materials[10] - The report indicates that the company is actively developing new products and technologies in the soft magnetic materials sector[10] Future Investments - The company plans to invest a total of RMB 1 billion in the construction of an automated production line for precision electronic components in Lianyungang, with the project being implemented by its wholly-owned subsidiary[16] - The company has ongoing construction projects, including the Huajing Manufacturing Base Project in South China, with an investment of up to RMB 420 million[19]