Financial Performance - The company's operating revenue for Q3 2022 was ¥1,137,903,884.70, a decrease of 15.66% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥12,703,204.12, an increase of 207.58% year-on-year, while the net profit excluding non-recurring gains and losses was a loss of ¥8,200,988.17, down 33.19%[5]. - Basic and diluted earnings per share were both ¥0.03, a decrease of 41.94% compared to the previous year[6]. - Total operating revenue for the first three quarters of 2022 was ¥3,974,976,188.31, a decrease of 1.77% compared to ¥4,046,992,838.58 in the same period of 2021[17]. - Net profit for the first three quarters of 2022 was ¥72,396,083.22, down 35.7% from ¥112,580,881.20 in the same period of 2021[18]. - Basic and diluted earnings per share for the first three quarters of 2022 were both ¥0.18, compared to ¥0.31 in the same period of 2021[19]. - The company reported a profit before tax of ¥84,617,593.32, down from ¥123,343,527.92 in the previous year[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,967,062,277.26, a decrease of 1.39% from the end of the previous year[6]. - As of September 30, 2022, total current assets amount to ¥4,645,602,834.38, a decrease from ¥4,784,537,466.38 at the end of 2021[13]. - Total liabilities as of September 30, 2022, are ¥2,833,232,864.37, down from ¥2,947,164,680.02 at the end of 2021[15]. - Total equity attributable to shareholders of the parent company is ¥3,079,005,719.42, compared to ¥3,041,387,922.00 at the end of 2021[15]. - The company reported a total asset value of ¥5,967,062,277.26 as of September 30, 2022, down from ¥6,051,047,418.23 at the end of 2021[15]. - The company has a cash balance of ¥836,685,813.92, down from ¥1,028,288,734.81 at the end of 2021[13]. Cash Flow - The net cash flow from operating activities was ¥75,229,386.34, reflecting an increase in cash received from sales and government subsidies[6]. - Cash inflow from operating activities was ¥3,385,657,523.37, an increase from ¥3,018,590,295.10 in the first three quarters of 2021[20]. - The net cash flow from operating activities for Q3 2022 was $75,229,386.34, a significant improvement compared to a net outflow of $156,797,060.58 in Q3 2021[21]. - The total cash outflow from financing activities was $46,377,324.84, compared to an inflow of $703,839,325.14 in Q3 2021[21]. - The company reported a total operating cash outflow of $3,310,428,137.03, which increased from $3,175,387,355.68 in the previous year[21]. Income and Expenses - The company reported a significant increase in other income by 82.68%, mainly due to increased government subsidies received[9]. - Other income increased to ¥31,486,194.90 from ¥17,235,859.52 year-over-year[17]. - Investment income rose by 185.39%, attributed to an increase in maturity of financial products compared to the previous year[9]. - Investment income rose to ¥14,294,343.03, up from ¥5,008,695.79 in the previous year[17]. - Total operating costs increased to ¥3,922,897,229.72, up 0.49% from ¥3,903,606,162.49 in the previous year[17]. - Cash paid for purchasing goods and services was ¥2,858,844,571.50, compared to ¥2,647,520,109.41 in the same period of 2021[20]. - Research and development expenses decreased to ¥116,855,682.22 from ¥127,219,063.77 in the same period of 2021[17]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 60,667[11]. - The largest shareholder, Anhui Quanchai Group Co., Ltd., holds 149,483,676 shares, accounting for 34.32% of total shares[11]. Inventory and Investments - Inventory as of September 30, 2022, is ¥733,856,670.04, slightly up from ¥725,367,783.03 at the end of 2021[13]. - The company has ongoing investments in fixed assets totaling ¥888,827,738.78, an increase from ¥857,178,183.30 at the end of 2021[14]. - The cash paid for investment activities totaled $1,934,216,190.01, significantly higher than $806,645,826.89 in the same quarter last year[21]. Future Outlook - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[9].

股票简称：全柴动力 股票代码：600218 公告编号：临 2022-050 安徽全柴动力股份有限公司 关于参加安徽辖区上市公司 2022 年投资者 网上集体接待日活动的公告 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，并对内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强与投资者的互动交流，安徽全柴动力股份有限公司 （以下简称"公司"）将参加由安徽证监局指导、安徽上市公司协会与 深圳市全景网络有限公司联合举办的"2022 年安徽辖区上市公司投资 者集体接待日活动"。现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" 网站（http://rs.p5w.net），或关注微信公众号：全景财经，或下载 全景路演 APP,参与本次互动交流，活动时间为 2022 年 9 月 7 日（周三） 16：00-17：30。届时公司高管将在线就 2022 年半年度报告中的公司业 绩、公司治理、发展战略、经营状况和可持续发展等投资者关心的问题， 与投资者进行沟通与交流。 出席本次活动的人员有：公司董事、总经理徐玉良先生，公司董事、 董事会秘书徐明余先生 ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately CNY 2.84 billion, an increase of 5.16% compared to CNY 2.70 billion in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2022 was CNY 66.36 million, a decrease of 41.46% from CNY 113.35 million in the previous year[17]. - The basic earnings per share for the first half of 2022 was CNY 0.15, down 51.61% from CNY 0.31 in the same period last year[17]. - The weighted average return on net assets decreased to 2.17%, down 2.93 percentage points from 5.10% in the previous year[17]. - The net cash flow from operating activities improved by 70.06%, reaching CNY -13.55 million compared to CNY -45.26 million in the same period last year[17]. - The company's total assets at the end of the reporting period were approximately CNY 6.00 billion, a decrease of 0.79% from CNY 6.05 billion at the end of the previous year[17]. - The net assets attributable to shareholders increased slightly by 0.79% to CNY 3.07 billion from CNY 3.04 billion at the end of the previous year[17]. - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, which was CNY 34.32 million, down 64.78% from CNY 97.44 million in the previous year[17]. - The company sold 209,200 multi-cylinder engines in the first half of 2022, a year-on-year decrease of 10.10%[26]. - The company's revenue reached 2,837.07 million RMB, an increase of 5.16% compared to the same period last year, primarily due to changes in product structure[26]. - The multi-cylinder diesel engine market saw a total sales volume of 2,006,600 units from January to June 2022, down 36.11% year-on-year[26]. Cost and Expenses - Operating costs increased by 9.42% to ¥2,589,458,938.18 from ¥2,366,599,462.83, indicating a higher growth rate than revenue[31]. - Research and development expenses decreased by 7.54% to ¥79,848,417.47 from ¥86,361,907.49, reflecting a reduction in investment in this area[31]. - The company faced increased material costs due to rising prices of raw materials like pig iron and steel, impacting profit margins[17]. - The company reported a significant reduction in impairment losses, with asset impairment losses decreasing by 71.91% to ¥1,058,800.77 from ¥3,769,793.78[32]. - The company incurred a total of 152,823,157.94 RMB in other operating expenses, which increased from 98,769,333.15 RMB in the previous period, indicating a rise of 54.7%[98]. Cash Flow and Investments - The net cash flow from investing activities showed a substantial outflow of ¥-123,635,792.83, a 407.30% increase in outflow compared to ¥-24,371,240.62 in the previous period[31]. - Investment income surged by 137.32% to ¥11,541,308.71 from ¥4,863,094.43, indicating a strong performance in financial investments[32]. - The company reported a cash and cash equivalents balance of CNY 839,804,303.74 at the end of the first half of 2022, up from CNY 357,000,105.14 at the end of the first half of 2021[95]. - Cash inflow from investment activities totaled 1,260,389,091.08 RMB, significantly higher than 662,315,282.88 RMB in the prior period, representing an increase of 90.4%[98]. - The company reported a net cash flow from investment activities was -99,285,513.57 RMB, worsening from -5,771,282.91 RMB in the previous period, indicating a decline in investment performance[98]. Shareholder and Equity Information - The company issued 66,844,919 new shares, increasing total shares from 368,755,000 to 435,599,919[66]. - The controlling shareholder, Quan Chai Group, committed to not transferring its subscribed shares for 36 months post-issuance[66]. - The proportion of restricted shares decreased from 15.35% to 5.27% after the issuance[65]. - The total number of ordinary shareholders reached 60,978 by the end of the reporting period[69]. - The total equity attributable to the parent company at the end of the period was 3,065,263,626.76 RMB, a decrease from 3,103,882,738.21 RMB at the beginning of the period[101]. Environmental and Social Responsibility - The company has implemented a geothermal heat pump system that reduces operational costs by 30%-50% compared to traditional systems, saving approximately 140,000 RMB annually[50]. - The company has achieved a reduction of approximately 235.80 tons of CO2 emissions and 90 tons of standard coal through its energy-saving initiatives[50]. - The company has not faced any penalties from environmental authorities for pollution issues in recent years, reflecting its commitment to environmental protection[52]. - The company has been recognized as an "Anhui Province Circular Economy Demonstration Enterprise" and "Anhui Province Water-Saving Enterprise," highlighting its achievements in environmental governance[52]. Research and Development - The company is committed to accelerating product research and development, technology upgrades, and improving product quality to expand market share[27]. - The company plans to enhance R&D investment to meet higher emission standards and develop new technologies, including products compliant with National VI and Non-Road IV standards[39]. - The company’s investment in research and development is expected to increase as it seeks to improve its innovation capabilities and product offerings[39]. Compliance and Governance - The company reported no significant litigation or arbitration matters during the reporting period[60]. - There were no non-operating fund occupations by controlling shareholders or related parties[59]. - The company has complied with all regulatory requirements regarding the issuance of new shares[66]. - The company’s financial statements are prepared based on the going concern principle, with no identified issues affecting its ability to continue operations[115].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,721,108,752.05, representing a year-on-year increase of 29.44%[5] - The net profit attributable to shareholders decreased by 38.27% to CNY 36,147,332.96, while the net profit excluding non-recurring gains and losses dropped by 63.00% to CNY 18,105,687.97[5] - Net profit for Q1 2022 was ¥33,686,549.35, a decrease of 41.3% from ¥57,503,015.58 in Q1 2021[18] - Basic and diluted earnings per share for Q1 2022 were both ¥0.08, down from ¥0.16 in Q1 2021[18] Cash Flow - The net cash flow from operating activities was negative at CNY -436,290,019.71, a decline of 119.83% compared to the previous year[5] - Cash flow from operating activities for Q1 2022 was negative at -¥436,290,019.71, compared to -¥198,469,602.75 in Q1 2021[20] - Cash inflow from operating activities totaled ¥686,131,167.80 in Q1 2022, down from ¥895,426,036.62 in Q1 2021[20] - Cash outflow from operating activities was ¥1,122,421,187.51 in Q1 2022, compared to ¥1,093,895,639.37 in Q1 2021[20] - The company experienced a net decrease in cash and cash equivalents of $573.3 million, compared to a decrease of $157.3 million in the previous year[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,345,327,142.76, an increase of 4.86% from the end of the previous year[6] - The company's current assets totaled CNY 5,076,457,242.51, compared to CNY 4,784,537,466.38 at the end of 2021, indicating an increase of about 6.13%[13] - The total liabilities of the company were CNY 3,205,885,715.79, up from CNY 2,947,164,680.02, reflecting an increase of around 8.74%[15] - The company's cash and cash equivalents decreased to CNY 452,121,052.02 from CNY 1,028,288,734.81, a decline of approximately 56.1%[13] Investments and Income - The company reported a significant increase in investment income by 74.84%, attributed to matured financial products[7] - Investment cash inflow for Q1 2022 was ¥325,000,000.00, an increase from ¥225,000,000.00 in Q1 2021[20] - The company invested $440 million in cash for investments, up from $180 million in the same period last year[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 64,391[9] - The total equity attributable to shareholders increased to CNY 3,079,407,394.37 from CNY 3,041,387,922.00, representing a growth of approximately 1.25%[15] Costs and Expenses - The company's gross profit margin decreased due to rising costs of raw materials such as pig iron and steel, impacting overall profitability[7] - Total operating costs for Q1 2022 were ¥1,661,412,863.49, up from ¥1,244,064,364.08 in Q1 2021, reflecting a 33.5% increase[17] - Research and development expenses for Q1 2022 were ¥38,968,305.81, slightly up from ¥37,114,593.79 in Q1 2021[17] - The company reported a financial expense of -¥4,030,655.75 in Q1 2022, compared to -¥1,850,237.43 in Q1 2021[17] Government Support - The company received government subsidies amounting to CNY 7,601,472.32 during the reporting period, which was higher than the previous year[7] Other Financial Metrics - The weighted average return on equity decreased by 1.18 percentage points to 1.47%[6] - Accounts receivable increased by 225.68%, primarily due to increased sales revenue and the utilization of customer turnover funds[6] - The accounts receivable increased significantly to CNY 1,458,102,298.40 from CNY 447,708,089.54, marking a substantial rise of approximately 226.5%[13] - The company reported a significant increase in accounts payable, which rose to CNY 2,029,889,636.66 from CNY 1,856,049,269.05, an increase of about 9.34%[14] Capital Management - The company has maintained a stable capital reserve of CNY 1,716,969,879.43, unchanged from the previous year, indicating consistent financial management[15] - The company's short-term borrowings and other current liabilities were not specified, indicating a focus on managing current liabilities effectively[14] Accounting Standards - The report indicates that the company is not applying the new accounting standards for the current year[21]

Financial Performance - In 2021, the company's operating revenue reached CNY 5,508,197,839.47, an increase of 23.61% compared to CNY 4,455,989,703.12 in 2020[20] - The net profit attributable to shareholders was CNY 152,104,404.48, representing a decrease of 11.78% from CNY 172,422,114.63 in the previous year[20] - The net cash flow from operating activities was CNY 259,700,896.43, down 40.16% from CNY 433,957,095.24 in 2020[20] - Basic earnings per share decreased to CNY 0.39, down 17.02% from CNY 0.47 in 2020[21] - The weighted average return on equity was 6.14%, a decrease of 2.04 percentage points from 8.18% in the previous year[21] - The operating cost increased to CNY 4,927,903,394.46, reflecting a growth of 26.25% year-on-year[37] - The company's revenue from internal combustion engines reached ¥5,311,735,315.26, a decrease of 10.33% compared to the previous year, with a gross margin of 10.33%, down by 1.40 percentage points[40] - Revenue from plastic pipes was ¥102,705,616.27, reflecting a decline of 11.66% year-over-year, with a gross margin of 11.66%, down by 5.88 percentage points[40] - The automotive segment generated revenue of ¥54,644,924.85, an increase of 3.82% year-over-year, with a gross margin of 3.82%, up by 1.01 percentage points[40] Assets and Liabilities - The total assets at the end of 2021 amounted to CNY 6,051,047,418.23, a 32.96% increase from CNY 4,550,907,806.74 in 2020[20] - The company's net assets attributable to shareholders increased by 39.36% to CNY 3,041,387,922.00 from CNY 2,182,460,463.01 in 2020[20] - The company's total liabilities reached ¥2,947,164,680.02, up from ¥2,296,583,512.66, marking a growth of around 28%[181] - Owner's equity increased to ¥3,103,882,738.21, compared to ¥2,254,324,294.08 in 2020, showing a significant rise of about 38%[181] - The total current assets reached ¥4,604,402,363.76, compared to ¥3,228,193,049.39 in 2020, representing an increase of approximately 43%[184] Cash Flow - The company reported a net cash flow from operating activities of -198.47 million RMB in Q1 2021, followed by positive cash flow in Q2 and Q4, indicating fluctuations in cash management[23] - Cash flow from operating activities decreased by 40.16% year-on-year, amounting to ¥259,700,896.43[51] - Cash flow from investing activities showed a slight decrease of 1.16%, totaling -¥399,542,379.69[52] - Cash flow from financing activities increased significantly, with a net amount of ¥699,233,448.61, compared to -¥12,845,400.00 in the previous year[52] Investments and Projects - The company completed a non-public offering of 66.84 million shares at a price of 11.22 RMB per share, raising a total of 750 million RMB, with a net amount of 740.34 million RMB[28] - The total investment for the Phase II project of the National VI engine intelligent manufacturing construction is 401 million RMB, with 300 million RMB funded from the raised capital, expected to achieve an annual production capacity of 150,000 National VI engines[29] - The green casting upgrade project has a total investment of 313.8 million RMB, with 250 million RMB from the raised capital, aiming for an annual production capacity of 600,000 engine blocks and covers[30] - The hydrogen fuel cell intelligent manufacturing project has a total investment of 136 million RMB, with 100 million RMB from the raised capital, expected to produce 20,000 square meters of proton exchange membranes and 2,000 fuel cell power systems annually[30] Market Position and Strategy - The company maintained a strong market position in the small and medium power diesel engine segment, covering power ranges from 10-280 kW[34] - The company’s market share improved through product innovation and cost advantages, with a focus on customer needs and market expansion[30] - The company is actively expanding its sales and service network across Southeast Asia and Europe[33] - The company is facing challenges due to rising raw material prices, which have impacted the growth rate of operating costs exceeding that of operating revenue[38] Research and Development - Research and development expenses rose to CNY 181,118,258.58, marking a 7.31% increase from the previous year[37] - The total R&D expenditure was ¥181,118,258.58, accounting for 3.29% of total revenue, indicating a focus on innovation[49] - The company plans to continue investing in R&D to drive future growth and innovation[188] Corporate Governance - The company has established a transparent performance evaluation and incentive mechanism for senior management, with annual salaries comprising basic, performance, and tenure-based incentives[104] - The company strictly adheres to the requirements of the Company Law and relevant regulations, ensuring a sound corporate governance structure and effective internal controls[68] - The board of directors is composed of qualified members, with established committees that support scientific decision-making and governance[69] - The company has implemented a transparent performance evaluation and incentive mechanism for its directors and senior management[71] Environmental Initiatives - The company has implemented a wastewater treatment system that meets national standards, saving approximately 1.1 million CNY in water costs annually[111] - The company has achieved a reduction of approximately 235.80 tons of CO2 emissions and 90 tons of standard coal through various energy-saving initiatives[111] - The company has received multiple awards for its environmental efforts, including "Anhui Province Circular Economy Demonstration Enterprise" and "Anhui Province Water-Saving Enterprise"[114] Shareholder Information - The company plans to distribute a cash dividend of CNY 1.05 per 10 shares, totaling CNY 45,737,991.50[5] - The proposed cash dividend for 2021 is ¥1.05 per 10 shares, amounting to a total distribution of ¥45,737,991.50, which represents 30.07% of the net profit attributable to shareholders[101] - The company has a cash dividend policy that emphasizes stable and sustainable returns to investors, with a minimum cash dividend ratio of 20% when cash flow allows[95][96]

Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,349,184,711.70, representing a year-on-year increase of 16.15%[5] - The net profit attributable to shareholders decreased by 81.67% to CNY 4,130,086.74 compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -6,157,311.52, a decline of 152.25% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥4,046,992,838.58, a 21.5% increase from ¥3,330,451,768.68 in the same period of 2020[20] - Net profit for the third quarter of 2021 was ¥112,580,881.20, compared to ¥119,950,412.67 in the same quarter of 2020, indicating a decrease of 6.2%[21] - Earnings per share for the third quarter of 2021 were ¥0.31, down from ¥0.33 in the same quarter of 2020[23] - The company reported a total comprehensive income of ¥112,580,881.20 for the third quarter of 2021, down from ¥119,950,412.67 in the same quarter of 2020[22] Assets and Liabilities - The total assets increased by 26.50% to CNY 5,756,943,075.26 compared to the end of the previous year[6] - The company's total assets as of September 30, 2021, amount to ¥5,756,943,075.26, an increase from ¥4,550,907,806.74 at the end of 2020[16] - The total liabilities as of September 30, 2021, are ¥2,528,494,217.56, compared to ¥2,189,885,962.75 at the end of 2020[17] - The total liabilities as of the third quarter of 2021 amounted to ¥2,684,963,187.10, an increase from ¥2,296,583,512.66 in the previous year[21] - The total equity attributable to shareholders reached ¥3,006,422,719.36, up from ¥2,182,460,463.01, marking a growth of 37.7%[21] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY -156,797,060.58, a decrease of 161.91%[6] - Cash flow from operating activities for the first three quarters of 2021 was negative at -¥156,797,060.58, compared to a positive cash flow of ¥253,269,978.04 in the same period of 2020[23] - The net cash flow from investment activities was -¥59,521,895.77, a decrease compared to -¥346,853,169.98 in the previous year[24] - The net cash flow from financing activities was ¥703,839,325.14, compared to -¥30,297,900.00 in the previous year, indicating a significant improvement[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 67,517[12] - Anhui Quanchai Group Co., Ltd. holds 149,483,676 shares, accounting for 34.32% of the total shares[12] - The number of shares held by the top ten shareholders represents a significant portion of the company's equity, with the top shareholder holding over 34%[12] Inventory and Receivables - The company reported a significant increase in accounts receivable by 161.10%, primarily due to increased sales revenue[9] - Accounts receivable rose significantly to ¥1,302,528,827.95 from ¥498,862,053.38, indicating a strong increase in sales[16] - The company reported a significant increase in inventory, which rose to ¥688,391,425.97 from ¥514,351,335.72[16] Government Support and Future Plans - The company received government subsidies amounting to CNY 7,645,558.46 during the period, contributing positively to its financials[8] - The company plans to continue expanding its product offerings and enhancing its manufacturing capabilities, particularly in the green casting and National VI engine projects[9] - The company plans to raise up to ¥750 million through a private placement to fund projects including the construction of intelligent manufacturing for National VI series engines[14] - The company has completed its private placement of A-shares as of September 10, 2021, successfully raising the intended funds[14] Research and Development - Research and development expenses for the third quarter of 2021 were ¥127,219,063.77, compared to ¥108,170,839.53 in the same quarter of 2020, reflecting a 17.6% increase[21] Changes in Accounting Standards - The company implemented new leasing standards starting January 1, 2021, affecting the financial statements without adjusting prior periods[29]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately CNY 2.70 billion, representing a 24.39% increase compared to CNY 2.17 billion in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2021 was approximately CNY 113.35 million, a 14.94% increase from CNY 98.61 million in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 68.26%, reaching approximately CNY 97.44 million compared to CNY 57.91 million in the same period last year[19]. - The basic earnings per share for the first half of 2021 was CNY 0.31, up 14.81% from CNY 0.27 in the previous year[19]. - The weighted average return on net assets increased to 5.10%, up from 4.76% in the same period last year, reflecting a 0.34 percentage point increase[19]. - The company's revenue for the first half of 2021 reached CNY 2,697,808,126.88, representing a 24.39% increase compared to the same period last year[29]. - The total sales volume of multi-cylinder engines was 232,700 units, an increase of 24.91% year-on-year[26]. - The sales of vehicle-mounted National VI products reached 25,500 units, a significant increase of 628.57% year-on-year[26]. - The net profit attributable to shareholders was CNY 113,345,200, reflecting a year-on-year growth of 14.94%[26]. - The company reported a net profit margin improvement, with retained earnings increasing to ¥780,393,588.33 from ¥693,992,149.52, a rise of approximately 12.4%[85]. Cash Flow and Financial Position - The company's net cash flow from operating activities decreased significantly by 113.49%, resulting in a net outflow of approximately CNY 45.26 million compared to a net inflow of CNY 335.64 million in the previous year[19]. - The operating cash flow for the period was negative at CNY -45,261,648.10, a decline of 113.49% compared to the previous year[30]. - The total assets at the end of the reporting period were approximately CNY 4.88 billion, a 7.25% increase from CNY 4.55 billion at the end of the previous year[19]. - The net assets attributable to shareholders at the end of the reporting period were approximately CNY 2.26 billion, reflecting a 3.60% increase from CNY 2.18 billion at the end of the previous year[19]. - The company's cash and cash equivalents decreased by 23.57% to ¥360,910,209.66 from ¥472,182,644.42 at the end of the previous year[34]. - The total liabilities increased to ¥2,552,137,451.96 from ¥2,296,583,512.66, marking a growth of about 11.1%[81]. - The company's total equity at the end of the first half of 2021 was CNY 2,162,274,859.31, an increase from CNY 2,259,524,521.50 at the end of the previous year[108]. Research and Development - The company invested CNY 86,361,907.49 in R&D, which is a 29.70% increase compared to the previous year[30]. - Research and development expenses increased by 29.70% to ¥86,361,907.49 from ¥66,587,054.87 in the previous period[32]. - The company plans to enhance its core competitiveness through continuous technological innovation and product quality improvement[27]. - The company plans to enhance its innovation capabilities by utilizing a newly established advanced product testing laboratory to accelerate R&D and product upgrades[43]. Market and Sales Strategy - The company has established a comprehensive sales and service network covering Southeast Asia and Europe, enhancing its market presence[24]. - The company aims to strengthen cost control and expand market resources in response to intense competition in the engine market[43]. - The company will focus on developing high-end, environmentally friendly products to meet the increasing market demand due to the implementation of the National VI emission standards[43]. Environmental and Social Responsibility - The company has established a photovoltaic parking lot generating approximately 300,000 kWh annually, saving costs of about 255,000 CNY[53]. - The company has built a water supply system that saves around 90,000 m³ of municipal water annually, resulting in cost savings of approximately 1,100,000 CNY[53]. - The company has not faced any penalties from environmental authorities for pollution issues in recent years, highlighting its compliance with environmental regulations[53]. - The company has received several honors, including "Anhui Province Circular Economy Demonstration Enterprise" and "Anhui Province Water-saving Enterprise," recognizing its efforts in environmental protection[53]. - The company is committed to introducing new environmental protection equipment and upgrading existing facilities to further reduce pollutant emissions[53]. - The company’s major shareholder is involved in poverty alleviation efforts, indicating a commitment to social responsibility[56]. Corporate Governance and Compliance - The company has not experienced any major litigation or arbitration matters during the reporting period[62]. - There were no significant non-operating fund occupations by controlling shareholders or related parties during the reporting period[61]. - The company has not received any administrative penalties or public reprimands from the China Securities Regulatory Commission during the reporting period[63]. - The company has made commitments to ensure that its major shareholders do not interfere with its management or misuse company assets[59]. - The company has not disclosed any major related party transactions during the reporting period[64]. - The company has not faced any bankruptcy reorganization matters during the reporting period[62]. Shareholder Information - The total number of common shareholders as of the end of the reporting period is 41,460[71]. - Anhui Quanchai Group Co., Ltd. holds 126,542,500 shares, accounting for 34.32% of total shares[73]. - The company distributed CNY 29,500,400.00 to shareholders during the first half of 2021, indicating a significant cash outflow[106]. - The total capital stock remained stable at CNY 368,755,000.00 throughout the reporting period[108]. Accounting and Financial Reporting - The company’s financial statements are prepared in accordance with the relevant accounting standards and guidelines, ensuring compliance and accuracy[117]. - The company adheres to accounting standards, ensuring that financial statements accurately reflect its financial position and performance[120]. - The accounting period for the company runs from January 1 to December 31 each year[121]. - The company's functional currency is Renminbi, while overseas subsidiaries use the currency of their primary economic environment[123].

股票简称：全柴动力 股票代码：600218 公告编号：临 2021-025 安徽全柴动力股份有限公司 关于参加安徽辖区上市公司 2021 年投资者 集体接待日活动的公告 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，并对内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强与投资者的沟通交流，便于广大投资者更深入全面地 了解公司经营状况、发展战略、非公开发行事项、可持续发展等投资者 所关心的问题，公司将参加由安徽证监局指导、安徽上市公司协会与深 圳市全景网络有限公司共同举办的"2021 年安徽上市公司投资者集体接 待日"活动，现将有关事项公告如下： 本次投资者集体接待日活动将通过深圳市全景网络有限公司提供 的 网 上 平 台 举 行 ， 投 资 者 可 登 陆 " 全 景 · 路 演 天 下 " 网 站 （https://rs.p5w.net）参与公司本次投资者集体接待日活动。活动时 间为 2021 年 5 月 18 日（星期二）14:00-17:30。 出席本次集体接待日活动的人员有：公司董事、董事会秘书徐明余 先生，公司董事、副总经理、财务负责人刘吉文先生，公司 ...

Financial Performance - Net profit attributable to shareholders increased by 133.12% to CNY 58,553,426.11 year-on-year[5] - Operating revenue rose by 60.80% to CNY 1,329,706,570.36 compared to the same period last year[5] - Basic earnings per share increased by 128.57% to CNY 0.16[5] - Net profit for Q1 2021 rose by 136.06% to ¥57,503,015.58, compared to ¥24,359,236.89 in Q1 2020[12] - Total operating revenue for Q1 2021 reached ¥1,329,706,570.36, a significant increase of 60.8% compared to ¥826,924,120.57 in Q1 2020[28] - Net profit for Q1 2021 was ¥63,061,593.53, up 106.8% from ¥30,454,415.31 in Q1 2020[32] Cash Flow - The net cash flow from operating activities decreased by 251.42% to -CNY 198,469,602.75 compared to the previous year[5] - Cash flow from operating activities showed a net outflow of ¥198,469,602.75 in Q1 2021, compared to a net inflow of ¥131,068,384.43 in Q1 2020[36] - Cash outflow from operating activities increased to 1.0 billion RMB in Q1 2021, compared to 477.7 million RMB in Q1 2020, highlighting increased operational expenditures[38] - The company reported cash inflow from operating activities of 844.4 million RMB in Q1 2021, up from 617.8 million RMB in Q1 2020, indicating growth in operational cash receipts[38] Assets and Liabilities - Total assets increased by 2.84% to CNY 4,680,315,573.68 compared to the end of the previous year[5] - Total current assets increased to CNY 3,544,146,657.34 as of March 31, 2021, compared to CNY 3,451,532,109.00 at December 31, 2020, reflecting a growth of approximately 2.7%[19] - Total liabilities amounted to CNY 2,367,173,170.82, compared to CNY 2,296,583,512.66, reflecting an increase of approximately 3.1%[21] - The company's total assets as of March 31, 2021, were CNY 4,680,315,573.68, up from CNY 4,550,907,806.74, showing a growth of about 2.9%[20] - The total liabilities increased to ¥2,275,488,418.70 in Q1 2021 from ¥2,199,283,040.63 in Q1 2020, marking a rise of 3.5%[25] Shareholder Information - The total number of shareholders reached 41,671 by the end of the reporting period[9] - The equity attributable to shareholders increased to CNY 2,242,328,982.32 from CNY 2,182,460,463.01, representing a rise of approximately 2.7%[21] - The total equity attributable to shareholders was RMB 2,182,460,463.01[43] Research and Development - Research and development expenses grew by 52.30% to ¥37,114,593.79, indicating increased investment in innovation[11] - Research and development expenses for Q1 2021 were ¥37,114,593.79, an increase of 52.3% from ¥24,368,919.10 in Q1 2020[28] Investment Activities - The company plans to raise up to ¥75,000,000 through a non-public offering to fund projects including intelligent manufacturing and green casting upgrades[15] - The company received cash inflows from investment activities totaling ¥226,869,250.08 in Q1 2021, compared to ¥128,510,613.37 in Q1 2020[36] - The net cash flow from investment activities improved to 40.5 million RMB in Q1 2021, compared to a negative 462.0 million RMB in Q1 2020, showing a positive turnaround in investment performance[39] Operational Challenges - The net cash flow from operating activities decreased significantly by 251.42% to -¥198,469,602.75, primarily due to increased payments to suppliers[12] - The company reported a significant increase in credit impairment losses by 314.08% to -¥25,287,341.08, indicating a rise in expected uncollectible accounts[12] - The company is subject to uncertainties regarding the approval of its non-public offering by the China Securities Regulatory Commission, highlighting potential investment risks[15]

Financial Performance - The net profit attributable to shareholders for 2020 was CNY 172,422,114.63, representing a 78.16% increase compared to CNY 96,779,498.68 in 2019[4]. - The operating revenue for 2020 reached CNY 4,455,989,703.12, a growth of 10.18% from CNY 4,044,447,405.35 in 2019[19]. - The net cash flow from operating activities increased significantly to CNY 433,957,095.24, compared to a negative cash flow of CNY -18,740,548.65 in 2019[19]. - The basic earnings per share for 2020 was CNY 0.47, an increase of 80.77% from CNY 0.26 in 2019[20]. - The weighted average return on equity rose to 8.18%, up by 3.31 percentage points from 4.87% in 2019[20]. - The net profit after deducting non-recurring gains and losses was CNY 115,620,963.62, reflecting a 115.33% increase from CNY 53,694,441.35 in 2019[19]. - The total assets at the end of 2020 were CNY 4,550,907,806.74, a 9.62% increase from CNY 4,151,631,842.39 in 2019[19]. - The company reported a significant improvement in product sales revenue and cost reduction measures, contributing to the profit increase[21]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 1.00 per 10 shares, totaling CNY 36,875,500.00[4]. - The remaining undistributed profit at the end of 2020 was CNY 566,894,553.52, to be carried forward for future distribution[4]. - The net profit attributable to the parent company for 2020 was 172,422,114.63 yuan, with a total distributable profit of 603,770,053.52 yuan at year-end[77]. - The company plans to conduct at least one cash dividend distribution annually over the next three years, with a minimum of 20% of the annual distributable profit allocated for dividends[77]. - The company has committed to maintaining a positive profit distribution plan in the event of profitability and positive distributable profits[81]. Market and Sales Performance - In 2020, the company sold 384,300 multi-cylinder engines, representing a year-on-year increase of 11.81%[37]. - The company achieved a sales volume of 5,349,600 multi-cylinder diesel engines, with a year-on-year growth of 19.70%[33]. - The company’s sales and service network extends across China and into Southeast Asia and Europe, enhancing its market reach[30]. - The company plans to sell 430,000 multi-cylinder engines in 2021, aiming for a revenue of 5.5 billion yuan[67]. Research and Development - The company has a robust R&D framework, participating in national key R&D plans and projects, ensuring its products meet advanced global standards[31]. - The company’s research and development expenses increased by 15.37%, totaling CNY 168,776,849.82[39]. - The company aims to improve product quality assurance capabilities and will continue to invest in R&D for "National VI" and "Non-Road National IV" products to meet customer demands[66]. - The company will utilize a newly established advanced product testing laboratory to enhance its R&D capabilities for meeting the National VI emission standards[68]. Financial Management - The company reported a decrease in sales expenses by 29.79%, from CNY 116,224,797.44 to CNY 81,605,957.95[39]. - The company has implemented IATF16949:2016 quality management system to continuously improve product quality and customer satisfaction[31]. - The company has established credit policies and internal controls for managing accounts receivable[145]. - The company has engaged Rongcheng Accounting Firm for auditing services, with a remuneration of RMB 53 million[88]. Environmental Responsibility - The company has established a comprehensive environmental management system, including a dedicated team for environmental protection[101]. - The company has implemented wastewater treatment measures since 2000, achieving compliance with discharge standards[102]. - The company has a strong commitment to social responsibility, participating in poverty alleviation efforts in collaboration with local government[99]. - The company has not faced any environmental penalties in recent years, receiving multiple honors for its achievements in environmental protection[104]. Governance and Compliance - The company has established communication channels for minority shareholders to express their opinions, including phone, email, and online platforms[78]. - The company’s board of directors and senior management are compensated based on a combination of base salary, performance salary, and term incentives[121]. - The company has improved its governance structure by revising internal regulations to align with the requirements of the Company Law and relevant regulations from the China Securities Regulatory Commission[132]. - The audit committee reviewed the financial statements and confirmed that they reflect the company's financial status and operating results, with the annual audit conducted in accordance with auditing regulations and standards[137]. Employee Management - The company employs 1,578 production personnel, 228 sales personnel, 895 technical personnel, 65 financial personnel, and 156 administrative personnel, totaling 2,922 employees[124]. - The company has implemented a performance-based salary system, with a focus on dynamic management of employee compensation to enhance motivation and responsibility[125]. - The company has implemented a training program for employees, focusing on high-skill and high-tech talent development to ensure a competitive workforce[126]. Future Outlook - The company plans to enhance its core competitiveness by accelerating technological upgrades and focusing on independent brand development in 2021[65]. - The company anticipates intensified market competition due to the implementation of the "Heavy-Duty Diesel Vehicle Pollutant Emission Limits and Measurement Methods (China Stage VI)" starting July 1, 2021[64]. - The company is focusing on cost control and efficiency improvement to maintain its competitive advantage in product costs[68].