新疆伊力特实业股份有限公司关于召开 2022 年度暨 2023 年第一季度业绩说明会的公告 证券简称：伊力特 股票代码：600197 公告编号：2023-018 新疆伊力特实业股份有限公司 关于召开 2022 年度暨 2023 年第一季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： 新疆伊力特实业股份有限公司（以下简称"公司"）于 2023 年 4 月 28 日在 上海证券交易所网站(www.sse.com.cn)披露《新疆伊力特实业股份有限公司 2022 年年度报告》及《新疆伊力特实业股份有限公司 2023 年第一季度报告》。 一、说明会类型 为便于广大投资者更全面深入地了解公司生产经营、未来发展和利润分配 等情况，公司拟定于 2023 年 6 月 6 日上午 12:00-13:00 在官方抖音账号"伊力 特白酒"为全体股东进行"云参观伊力特酒文化产业园"的直播。下午 （一）网络"云参观产业园"时间：2023 年 6 月 6 日上午 12:00-13:00 "云参观"方式：公司抖音官 ...

Financial Performance - The company's consolidated financial statements for 2022 show a net profit attributable to shareholders of 165,435,248.14 yuan[4] - The parent company's net profit for 2022 was 272,437,308.09 yuan, with a statutory reserve of 27,243,730.81 yuan being allocated[4] - The total distributable profit for shareholders at the end of 2022 was 1,836,184,542.64 yuan[4] - The company plans to distribute a cash dividend of 4.10 yuan per 10 shares, totaling 193,504,388.02 yuan[4] - The company does not plan to issue bonus shares or convert capital reserves into share capital for 2022[4] - The company's operating revenue for 2022 was approximately ¥1.62 billion, a decrease of 16.24% compared to ¥1.94 billion in 2021[22] - The net profit attributable to shareholders for 2022 was approximately ¥165.44 million, down 47.10% from ¥312.76 million in 2021[22] - Basic earnings per share for 2022 were ¥0.3486, a decline of 47.59% from ¥0.6651 in 2021[23] - The weighted average return on equity decreased to 4.48% in 2022, down 4.18 percentage points from 8.66% in 2021[23] - The total assets at the end of 2022 were approximately ¥4.69 billion, a decrease of 5.18% from ¥4.94 billion at the end of 2021[22] - The net cash flow from operating activities for 2022 was negative at approximately -¥149.63 million, compared to positive cash flow of ¥99.98 million in 2021, representing a decline of 249.65%[22] Market Conditions and Competition - The company faced increased market competition and focused on optimizing product structure and enhancing operational efficiency[31] - The company reported a significant drop in net profit due to rising costs and fluctuating market demand[31] - The company is adapting to new quality standards in the liquor industry, emphasizing quality and brand[31] - The company implemented various strategies to mitigate the adverse effects of market conditions, including cost control and efficiency improvements[31] - The company is focusing on high-end liquor products, responding to the increasing consumer demand for premium quality[45] - The company is facing rising production costs due to increased prices of raw materials and packaging, which may impact profit margins[104] Product Development and Innovation - The company launched four new products, including the 52-degree Yili Wang T40, filling the gap in the elegant and fragrant white liquor segment[38] - The company has a technical innovation team of 281 members, with over 10% of the total workforce engaged in R&D[37] - The company has over 150 registered trademarks and patents, emphasizing its commitment to innovation and quality in production[46] - The company is enhancing its e-commerce operations, aiming for rapid growth through innovative models and increased online marketing efforts[106] Financial Management and Governance - The company has received a standard unqualified audit report from Tianzhi International Accounting Firm[9] - The company has established a commitment to maintain the independence of its operations to avoid business competition with the public company[171] - The company has a three-year shareholder return plan, emphasizing its commitment to shareholder value[123] - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to 421.83 million CNY[128] - The company has implemented internal control measures in line with regulations to improve governance and operational efficiency[121] Social Responsibility and Environmental Impact - The company invested CNY 6 million in environmental protection during the reporting period[154] - The total wastewater treated in 2022 was 244,730.44 m³, with a total COD discharge of 11.9 tons and total nitrogen discharge of 3.165 tons[156] - The company has established an emergency response plan for environmental incidents, effective from May 1, 2022[160] - The company has committed to avoiding competition with its controlling shareholder and ensuring no harm to public company interests[167] - The company made a total donation of 2.45 million CNY for social responsibility projects, benefiting 3,930 people[164] Shareholder and Board Activities - The company held 1 shareholders' meeting during the reporting period, ensuring compliance with legal regulations and allowing shareholders to express their opinions[118] - A total of 7 board meetings were convened, with independent directors actively participating and providing independent opinions on related transactions and profit distribution[119] - The company has a professional committee structure under the board, including strategic, audit, nomination, and compensation committees, enhancing governance[120] - The company has no record of penalties from securities regulatory agencies in the past three years[135] Future Outlook and Strategic Plans - The company aims to achieve a revenue target of CNY 2.5 billion and a total profit of CNY 0.48 billion for 2023[105] - The company plans to enhance its online sales strategy by increasing investment in live streaming and collaborating with influencers to boost sales[88] - The company plans to strengthen its market presence in both domestic and external markets, focusing on product optimization and core product development[106] - The company is focusing on digital transformation and technological innovation to enhance production efficiency and reduce costs[104]

Financial Performance - The company's operating revenue for Q1 2023 was CNY 739,755,247.68, representing an increase of 18.53% compared to the same period last year[13]. - Net profit attributable to shareholders of the listed company reached CNY 148,447,617.67, up 36.97% year-on-year[13]. - The net cash flow from operating activities was CNY 243,600,346.05, reflecting a significant increase of 78.78% compared to the previous year[13]. - Basic earnings per share for the period were CNY 0.3145, a rise of 36.95% from the same quarter last year[13]. - The company reported a net profit of CNY 151,245,818.07 for continuous operations, compared to CNY 108,708,363.55 in the same period last year[3]. - The company recorded a total comprehensive income attributable to shareholders of the parent company of CNY 148,635,136.10, compared to CNY 108,381,387.58 in the previous year[4]. - Net profit attributable to shareholders increased by 36.97% due to revenue growth and a 1.72% decrease in VAT and related taxes[19]. - Cash flow from operating activities rose by 78.78%, primarily driven by increased sales revenue and reduced payments for procurement, labor, and advertising[19]. - Basic earnings per share increased by 36.92% compared to the same period last year[19]. - Diluted earnings per share also rose by 35.78% year-on-year[19]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 4,924,901,897.48, which is a 5.10% increase from the end of the previous year[13]. - Total current assets reached approximately ¥2.82 billion, up from ¥2.59 billion in the previous year[30]. - Accounts receivable increased significantly to ¥105.66 million from ¥22.88 million year-on-year[30]. - Inventory decreased slightly to ¥1.62 billion from ¥1.66 billion in the previous year[30]. - Total liabilities as of Q1 2023 were ¥1,029,824,272.88, an increase from ¥933,237,747.59 in Q1 2022, reflecting a growth of 10.4%[35]. - Non-current liabilities totaled ¥197,314,215.24 in Q1 2023, slightly down from ¥199,764,884.84 in Q1 2022[35]. Shareholder Information - The company reported a total of 41,885 shareholders at the end of the reporting period[23]. - The largest shareholder, Xinjiang Yili Group Co., Ltd., holds 41.82% of the shares[23]. - The company does not have any pledged, marked, or frozen shares among the top shareholders[23]. Cash Flow - The cash and cash equivalents balance at the end of the period was CNY 908,722,906.57[6]. - Cash flow from operating activities in Q1 2023 was ¥727,267,255.17, a decrease from ¥793,835,092.68 in Q1 2022[43]. - The company's net cash inflow from sales of goods and services was ¥714,277,786.68 in Q1 2023, compared to ¥642,323,204.32 in Q1 2022[43]. - Net cash flow from operating activities was $243.6 million, an increase from $136.3 million year-over-year[45]. - Total cash outflow from operating activities amounted to $483.7 million, compared to $657.6 million in the previous year[45]. - Cash flow from investing activities was negative at -$65.0 million, compared to -$55.7 million in the prior year[45]. - Cash outflow for the purchase of fixed assets and intangible assets was $65.0 million, up from $55.7 million year-over-year[45]. - Cash flow from financing activities showed a net outflow of -$3.7 million, compared to -$2.4 million in the previous year[45]. - Cash and cash equivalents increased by $175.0 million, compared to an increase of $78.1 million in the prior year[45]. - The beginning balance of cash and cash equivalents was $733.8 million, down from $1.0 billion year-over-year[45]. Operating Costs - Total operating costs for Q1 2023 were ¥534,024,997.99, up 13.6% from ¥470,153,896.23 in Q1 2022[39]. - Accounts payable increased to ¥412,359,053.17 in Q1 2023, compared to ¥331,351,531.17 in Q1 2022, reflecting a rise of 24.5%[35]. - Research and development expenses decreased to ¥4,397,284.23 in Q1 2023 from ¥5,708,824.64 in Q1 2022, a reduction of 22.9%[39].

Financial Performance - The company's operating revenue for Q3 2022 was ¥173,329,239.69, representing a decrease of 60.04% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was ¥11,333,600.63, down 79.18% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,231,020.08, a decrease of 79.24% compared to the previous year[5]. - Basic earnings per share for Q3 2022 were ¥0.0216, down 79.31% from the same period last year[9]. - Total operating revenue for the first three quarters of 2022 was ¥1,306,534,819.56, a decrease of 10.76% compared to ¥1,464,238,313.63 in the same period of 2021[32]. - Net profit for the third quarter of 2022 was ¥147,523,791.76, down 45.38% from ¥270,810,920.64 in the same quarter of 2021[35]. - Earnings per share for the third quarter of 2022 were ¥0.2960, compared to ¥0.5738 in the same quarter of 2021, indicating a decline of 48.66%[36]. - The total comprehensive income for the third quarter of 2022 was ¥147,523,791.76, compared to ¥270,810,920.64 in the same quarter of 2021, indicating a decline of 45.38%[36]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥142,376,702.04, reflecting a decline of 112.95% year-on-year[5]. - Cash flow from operating activities for the first three quarters of 2022 was ¥1,431,561,796.03, slightly up from ¥1,415,377,066.51 in 2021, showing an increase of 1.14%[37]. - The net cash outflow from operating activities was -142,376,702.04, compared to -66,859,347.84 in the previous year, indicating a decline in operational cash flow[41]. - The total cash outflow from operating activities amounted to 1,573,938,498.07, compared to 1,482,236,414.35 in the previous year, indicating higher operational expenses[41]. - The ending balance of cash and cash equivalents was 755,990,342.74, down from 859,503,379.40 in the previous year[43]. - The company’s cash and cash equivalents were reported at CNY 755.99 million, down from CNY 1.03 billion in the previous year[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,863,015,676.78, a decrease of 1.60% from the end of the previous year[9]. - The total liabilities as of the reporting date were ¥1,100,869,035.79, down from ¥1,135,293,020.61, a decrease of 3.03%[30]. - The equity attributable to shareholders at the end of the reporting period was ¥3,638,205,158.18, down 1.36% from the previous year[9]. - The company reported a total current liabilities of CNY 556.81 million, an increase from CNY 489.86 million in the previous year[27]. - Accounts receivable increased significantly to CNY 186.03 million compared to CNY 16.26 million in the previous year[23]. - Inventory levels rose to CNY 1.67 billion, up from CNY 1.36 billion year-over-year[23]. Government Support and Operational Adjustments - The company received government subsidies amounting to ¥3,908,244.81 during the reporting period, which were closely related to its normal business operations[10]. - The company is actively adjusting its operations in response to the pandemic, indicating a focus on compliance with health policies[22]. - The company expects a decline of approximately 30% in both sales revenue and net profit for the year 2022 due to ongoing pandemic-related challenges affecting logistics and sales[22]. - The company is facing substantial pressure in the fourth quarter, indicating ongoing challenges in achieving its financial targets[22]. Investment and Other Financial Metrics - The company reported a financial loss of ¥7,984,551.04 due to credit impairment losses, compared to a loss of ¥18,772,298.68 in the previous year[32]. - The company’s investment income for the third quarter of 2022 was ¥1,870,722.23, down from ¥10,587,792.53 in the same quarter of 2021, reflecting a decrease of 82.32%[32]. - The company paid 271,409,177.70 in employee compensation, an increase from 230,557,160.15 in the previous year[41]. - The company received 200,000,000.00 in cash from investment recoveries, a notable increase from 399,362.43 in the previous year[41]. - The company reported a total tax payment of 409,646,476.80, down from 485,214,366.93 in the previous year, indicating a potential decrease in taxable income[41].

2022 年第三季度报告 单位：元 币种：人民币 证券代码：600197 证券简称：伊力特 新疆伊力特实业股份有限公司 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： 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。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 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's operating revenue for the first half of 2022 was CNY 1,133,205,579.87, representing a 9.96% increase compared to CNY 1,030,517,968.46 in the same period last year[18]. - Net profit attributable to shareholders of the listed company decreased by 39.46% to CNY 128,390,150.99 from CNY 212,062,466.55 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 130,586,682.93, down 37.45% from CNY 208,764,632.92 year-on-year[18]. - Basic earnings per share decreased to CNY 0.2720, down 39.46% from CNY 0.4493 in the same period last year[21]. - The diluted earnings per share also fell by 40.75% to CNY 0.2662 from CNY 0.4493 year-on-year[21]. - The total profit for the first half of 2022 was CNY 191,816,216.74, a decrease of 36% from CNY 300,151,672.69 in the previous year[150]. - The total comprehensive income for the first half of 2022 was CNY 134,107,303.69, down from CNY 217,272,225.51 in the same period of 2021[148]. Cash Flow and Assets - The net cash flow from operating activities improved significantly to CNY 11,252,768.17, a 299.14% increase from a negative cash flow of CNY 5,650,745.37 in the previous year[18]. - The company's cash and cash equivalents increased by 12.16% to ¥1,152,251,642.12, representing 23.51% of total assets[40]. - Cash inflow from operating activities for the parent company was CNY 842,254,219.83, an increase from CNY 682,481,711.01 in the first half of 2021[164]. - The company's total assets at the end of the reporting period were CNY 4,900,762,013.46, up 4.85% from CNY 4,673,943,635.80 at the end of the previous year[18]. - The company's cash flow from operating activities is expected to be the main source for repaying the convertible bonds[122]. Costs and Expenses - The cost of sales increased by 37.14% to ¥608,931,127.32, primarily due to a 26.82% rise in the average unit cost of mid-to-high-end products and a 34.34% increase in the price of sorghum[37]. - The average unit cost of mid-to-high-end products increased by 26.82% as a result of technological upgrades and production improvements[30]. - Sales expenses grew by 23.48%, driven by new marketing initiatives and increased promotional activities[30]. - Management expenses increased due to higher depreciation costs from newly acquired fixed assets and the new salary policy[30]. - Total operating costs increased to ¥929,596,163.37, up from ¥723,502,035.68, reflecting a rise of about 28.5% year-over-year[142]. Market Position and Strategy - The company aims to strengthen its market position in the mid-to-high-end segment amidst a competitive landscape[29]. - The company is focusing on expanding its market presence while managing costs effectively in a challenging economic environment[31]. - The company plans to focus on key products and major distributors to stabilize sales amidst ongoing market pressures[37]. - The overall market consumption is expected to recover as pandemic control measures become more precise and economic activity increases[29]. Environmental and Social Responsibility - The company has invested 1.2 million yuan in upgrading its wastewater treatment facilities, completed in December 2015, to ensure compliance with environmental standards[61]. - The company reported a total wastewater discharge of 109,687.61 tons in the first half of 2022, with no exceedances of pollutant discharge limits[60]. - The company actively supports local low-income farmers by providing free distiller's grains, enhancing their economic stability and promoting local employment through its industrial park in Kekedala[68]. - The company has implemented pollution control measures, including the installation of online monitoring equipment for total phosphorus and nitrogen, ensuring effective environmental management[62]. Shareholder and Capital Structure - The company did not propose any profit distribution plan or capital reserve transfer to increase share capital during the reporting period[4]. - The company reported related party transactions amounting to 14.86 million RMB during the reporting period, with an expected increase to over 30 million RMB in 2022[89]. - The largest shareholder, Xinjiang Yili Group Co., Ltd., holds 41.82% of the shares, totaling 197,363,477 shares[102]. - The company has a total of 8,312 bondholders for the convertible bonds[113]. - The total equity attributable to shareholders increased to ¥3,820,377,901.23 from ¥3,688,233,098.84[131]. Regulatory Compliance and Governance - The company has appointed a new independent director, Zhang Yong, following the resignation of Liu Qingjiang, ensuring compliance with board composition requirements[56]. - The company is adapting to stricter industry regulations and higher entry barriers, which may challenge its operational sustainability[49]. - The company has committed to adhere to new regulatory requirements and will provide supplementary commitments if necessary[81]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[111].

新疆伊力特实业股份有限公司关于参加 2022 年新疆辖区投资者 网上集体接待日暨上市公司业绩说明会活动的公告 证券代码：600197 证券简称：伊力特 公告编号：2022-019 新疆伊力特实业股份有限公司关于参加 2022 年新疆辖区 投资者网上集体接待日暨上市公司业绩说明会活动的公告 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。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、融资 计划、股权激励、可持续发展等投资者所关心的问题，公司定于 2022 年 6 月 24 日参加由新疆上市公司协会联合深圳市全景网络有限公司组织开展的 2022 年新 疆辖区上市公司投资者网上集体接待日活动。现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取 网络远程的方式举行，投资者可以登录全景网"投资者关系互动平台"网站 （http://ir.p5w.net/）或关注微信公众号：全景财经（微信号：p5w2012），参 与公司本次投资者集体接待日活动，活动时间为 2022 年 6 月 2 ...

Financial Performance - In 2021, the company achieved a net profit of ¥353,467,078.43, with a distributable profit of ¥318,120,370.59 after allocating 10% to statutory reserves[4] - The company's operating revenue for 2021 was approximately ¥1.94 billion, an increase of 7.53% compared to ¥1.80 billion in 2020[19] - The net profit attributable to shareholders for 2021 was approximately ¥312.76 million, a decrease of 8.53% from ¥341.91 million in 2020[19] - The net cash flow from operating activities for 2021 was approximately ¥99.98 million, down 63.84% from ¥276.50 million in 2020[19] - The total assets at the end of 2021 were approximately ¥4.94 billion, an increase of 10.11% compared to ¥4.49 billion at the end of 2020[19] - The basic earnings per share for 2021 were ¥0.6651, a decrease of 15.4% from ¥0.7862 in 2020[21] - The weighted average return on equity for 2021 was 8.66%, a decrease of 2.17 percentage points from 10.83% in 2020[21] Dividend Distribution - The company plans to distribute a cash dividend of ¥4.10 per 10 shares, totaling ¥193,499,347.89 to shareholders[4] - In 2021, the company distributed a total cash dividend of approximately 191.13 million yuan, with a per-share distribution of 4.05 yuan (including tax) for every 10 shares[120] - The company has a cash dividend policy that stipulates a minimum of 30% of the average distributable profit over the next three years will be distributed in cash, contingent on profitability and cash flow[120] Corporate Governance - The company held one shareholders' meeting during the reporting period, ensuring compliance with legal procedures and allowing all shareholders to express their opinions[93] - The board of directors convened eight meetings, with independent directors actively participating and providing independent opinions on related transactions and profit distribution[93] - The supervisory board held four meetings, with two-thirds of its members being employee representatives, ensuring compliance with legal requirements[93] - The company has established a governance structure with a clear division of responsibilities among the shareholders' meeting, board of directors, supervisory board, and management[93] - The company maintains independence from its controlling shareholder, ensuring no interference in internal decision-making[93] Market and Industry Insights - The white liquor industry saw a sales revenue increase of 18.6% to 603.3 billion yuan, with a profit growth of 33% to 170.2 billion yuan[38] - The company holds a 13.2% market share in the liquor industry, contributing to 69.5% of beverage liquor sales revenue and 87.3% of profits[38] - The company’s high-end liquor sales volume decreased by 17.64% year-on-year, while mid-range liquor sales increased by 7.04%[67] - The white liquor market is experiencing a shift towards higher quality consumption, driven by the preferences of younger consumers[80] Research and Development - The company has a technical innovation team of 281 members, with 125 dedicated R&D personnel, representing over 10% of the total workforce[35] - The company conducted 30 packaging review meetings, approving 52 packaging designs[32] - The research and development expenses rose by 13.87% to approximately ¥18.62 million, driven by increased personnel costs and depreciation of the new R&D center[45] Environmental Responsibility - The company is committed to environmental protection and green development, enhancing wastewater treatment and reducing emissions[86] - The company reported no instances of exceeding emission standards for both air and wastewater pollutants in 2021[129] - The company has implemented a self-monitoring plan for environmental compliance, accessible on the national pollution source monitoring platform[135] Related Party Transactions - The company reported a related party transaction amounting to CNY 24,419,551.69 during the reporting period, with an expected amount exceeding CNY 30 million for 2022[166] - The company has confirmed that there are no existing related transactions that should be disclosed according to laws and regulations[148] - The company has committed to not infringe on the interests of shareholders and to comply with relevant laws and regulations regarding related party transactions[151] Future Plans and Investments - The company aims to achieve a revenue target of 2,350 million CNY and a profit target of 550 million CNY for 2022[81] - In 2022, the company plans to invest CNY 293 million in the construction of the Yili Te Caohu Wine Culture Industrial Park, covering an area of approximately 130 acres[83] - The company aims to enhance its online sales strategy by participating in major e-commerce events and launching live streaming on its official Douyin account[74] Financial Stability - The company's consolidated asset-liability ratio as of December 31, 2021, is 22.93%[198] - The company maintains a long-term credit rating of "AA" with a stable outlook according to the tracking credit rating report[198] - The primary source of funds for repaying the convertible bonds will be cash flows generated from the company's operating activities[200]

2022 年第一季度报告 单位：元币种：人民币 证券代码：600197 证券简称：伊力特 新疆伊力特实业股份有限公司 2022 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、准确性和完整性依法承担法律责任。 重要内容提示 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。 公司负责人陈智、主管会计工作负责人颜军及会计机构负责人（会计主管人员）魏光辉保证季度 报告中财务报表信息的真实、准确、完整。 第一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 | --- | --- | --- | --- | |-----------------------------------------------|------------------|------------------|-------------------------------------| | 项目 | | 本报告期 | 本报告期比上年同期增减 变动 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥433,720,345.17, representing a 19.00% increase compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2021 was ¥54,427,655.47, a decrease of 3.23% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥54,087,373.10, an increase of 4.41% compared to the same period last year[6] - The basic earnings per share for Q3 2021 was ¥0.1153, down 10.90% year-on-year[8] - Total operating revenue for the first three quarters of 2021 reached ¥1,464,238,313.63, a 26.3% increase from ¥1,158,087,587.06 in the same period of 2020[29] - Net profit for the first three quarters of 2021 was ¥270,810,920.64, representing a 34.5% increase compared to ¥201,189,470.17 in 2020[32] - Operating profit for the first three quarters of 2021 was ¥376,270,467.05, an increase of 28.8% from ¥292,083,358.18 in the same period last year[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,704,555,678.19, an increase of 4.82% from the end of the previous year[8] - The company's current assets totaled ¥2,523,911,141.05, compared to ¥2,361,032,466.52 in the previous year, indicating an increase of about 6.89%[23] - The total non-current assets reached ¥2,180,644,537.14, up from ¥2,127,102,182.65, marking an increase of about 2.52%[23] - The company's total liabilities increased to ¥935,730,274.57 from ¥887,497,868.02, reflecting a growth of 5.4%[24] - Total equity attributable to shareholders reached ¥3,651,356,777.19, up from ¥3,487,488,953.34, marking a 4.7% increase[24] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥66,859,347.84, a decrease of 155.47% compared to the same period last year[6] - Net cash flow from operating activities was negative at CNY -66.86 million, compared to CNY -26.17 million in the previous year, indicating a decline in cash generation[34] - The company reported a net cash outflow from financing activities of CNY -197.41 million, slightly better than CNY -201.67 million in the same period last year[35] - The company’s total cash inflow from operating activities was CNY 1.415 billion, while total cash outflow was CNY 1.482 billion, leading to a net cash outflow[34] Inventory and Receivables - The company reported a significant increase in accounts receivable by 4,256.43% year-to-date, primarily due to extended credit to distributors[10] - The company’s inventory increased by 42.31% year-to-date, attributed to a rise in raw materials and the transition of certain products to self-operated inventory[10] - Inventory levels rose significantly to ¥1,241,075,983.34 from ¥872,078,322.95, representing a growth of approximately 42.25%[23] - Accounts receivable increased to ¥200,360,013.41 from ¥4,599,182.32, showing a substantial rise of approximately 4,257.73%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 77,333[11] - There were no significant changes in shareholder structure, with the largest shareholder holding 41.82% of the shares[14] Research and Development - Research and development expenses for the first three quarters of 2021 were ¥12,738,688.06, slightly down from ¥12,889,615.56 in the previous year[29] Management and Governance - The company has not disclosed any new product developments or market expansion strategies during the reporting period[18] - The company’s management team includes Chen Zhi as the responsible person, Zhu Jixin as the accounting supervisor, and Wei Guanghui as the head of the accounting institution[34]