证券代码：600241 证券简称：时代万恒 编号：临 2023－022 辽宁时代万恒股份有限公司 关于公司股东股份被司法续冻的公告 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： 辽宁时代万恒股份有限公司（以下简称"公司"）控股股东辽宁时代万 恒控股集团有限公司（以下简称 "时代万恒控股集团"）持有公司 143,133,473 股股份，全部为无限售流通股，占公司总股本的 48.63% 。 时代万恒控股集团的母公司为辽宁省国有资产经营有限公司（以下简称"国 资公司"）。公司、时代万恒控股集团、国资公司的实际控制人为辽宁省国有资产 监督管理委员会。 本次时代万恒控股集团持有公司股份 142,633,473 股被司法续冻，冻结 起始日为 2023 年 11 月 2 日，冻结终止日为 2026 年 10 月 30 日。 本次时代万恒控股集团持有的公司股份被冻结事项目前未对公司生产经 营、控制权、股权结构、公司治理、业绩补偿义务履行等产生影响。未来，会否 对公司控制权、股权结构、公司治理等产生影响存在不确定性，提请 ...

Financial Performance - The company's operating revenue for Q3 2023 was ¥168,922,796.23, a decrease of 35.41% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥18,852,848.86, with a year-to-date net profit of ¥44,424,018.72, reflecting a decrease of 29.35% year-on-year[3]. - The basic earnings per share for Q3 2023 was ¥0.06, down 28.57% from ¥0.15 in the previous year[3]. - Total operating revenue for the first three quarters of 2023 was CNY 513,976,655.73, a decrease of 32.1% compared to CNY 756,891,341.11 in the same period of 2022[14]. - Net profit for Q3 2023 was CNY 52,307,907.92, a decline of 42.4% from CNY 90,925,623.16 in Q3 2022[17]. - Earnings per share for Q3 2023 were CNY 0.15, compared to CNY 0.21 in Q3 2022[17]. Cash Flow - The cash flow from operating activities for Q3 2023 was negative at -¥6,901,090.99, indicating a decline in cash inflow due to reduced sales[3]. - Cash inflow from operating activities for the first three quarters of 2023 was CNY 481,524,520.41, down 37.5% from CNY 772,052,815.20 in the same period of 2022[19]. - Cash received from sales of goods and services was CNY 464,082,287.42, a decrease of 34.8% compared to CNY 711,383,155.41 in the previous year[19]. - The net cash flow from operating activities for Q3 2023 was -57,825,409.64, a significant decrease compared to 165,795,662.87 in Q3 2022[20]. - Total cash outflow from operating activities amounted to 539,349,930.05, down from 606,257,152.33 in the previous year[20]. - Cash inflow from investment activities totaled 206,960,230.48, while cash outflow was 208,074,302.66, resulting in a net cash flow of -1,114,072.18[20]. - Cash inflow from financing activities was 310,082,924.36, compared to 343,862,062.82 in Q3 2022[20]. - The net cash flow from financing activities was 134,406,540.36, a recovery from -146,987,542.07 in the same quarter last year[20]. - The ending balance of cash and cash equivalents increased to 389,459,531.25 from 189,445,597.07 year-over-year[20]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,276,184,718.77, a decrease of 12.51% compared to the end of the previous year[4]. - The total current assets as of September 30, 2023, are 864,987,347.36 RMB, a decrease from 1,031,874,135.86 RMB as of December 31, 2022[12]. - The total liabilities as of Q3 2023 amounted to CNY 233,543,679.99, compared to CNY 468,307,009.60 in the previous year[14]. - The total liabilities include accounts payable of 48,442,276.44 RMB, down from 95,893,577.11 RMB[12]. - The total assets amount to 1,276,184,718.77 RMB, down from 1,458,640,140.46 RMB at the end of 2022[12]. - The cash and cash equivalents are reported at 562,281,851.71 RMB, compared to 629,176,026.80 RMB at the end of 2022[11]. - Accounts receivable increased to 153,070,587.02 RMB from 146,550,906.25 RMB year-over-year[11]. - Inventory decreased significantly to 119,807,358.44 RMB from 241,502,453.54 RMB[12]. Shareholder Information - The total equity attributable to shareholders at the end of Q3 2023 was ¥1,116,554,283.18, an increase of 4.14% compared to the previous year[4]. - The total equity attributable to shareholders of the parent company was CNY 1,116,554,283.18, an increase from CNY 1,072,130,264.46 in the same period of 2022[14]. - The total number of shares held by the controlling shareholder, Liaoning Shidai Wanheng Holding Group Co., Ltd., is 143,133,473, accounting for 48.63% of the total share capital[9]. - As of the report date, the controlling shareholder has pledged 137,735,043 shares, representing 96.23% of their total holdings, and 143,133,473 shares have been judicially frozen, accounting for 48.63% of the total share capital[10]. Government Support and Other Factors - The company received government subsidies amounting to ¥185,583.00 during the reporting period, which are closely related to its normal business operations[5]. - The decrease in operating revenue was primarily attributed to abnormal fluctuations in upstream raw material prices for new energy batteries, leading to adjustments in inventory policies by customers and delays in overseas orders[7]. - The company has not made substantial progress in the mixed-ownership reform, and the completion of this reform remains uncertain[10]. - The company advises investors to exercise caution and be aware of investment risks due to the uncertainty surrounding the controlling shareholder's share pledges and freezes[10]. Research and Development - Research and development expenses for the first three quarters of 2023 were CNY 20,085,953.82, down 26.0% from CNY 27,100,811.98 in the same period of 2022[14]. Accounting Standards - The company did not apply new accounting standards for the first time in 2023[22].

证券代码：600241 证券简称：时代万恒 公告编号：临 2023- 021 辽宁时代万恒股份有限公司 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： 年半年度的经营成果及财务指标的具体情况与投资者进行互动交流 和沟通，在信息披露允许的范围内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 （一） 会议召开时间：2023 年 10 月 17 日 下午 15:00-16:00 （二） 会议召开地点：上证路演中心 （三） 会议召开方式：上证路演中心网络文字互动 http://roadshow.sseinfo.com/） 辽宁时代万恒股份有限公司（以下简称"公司"）已于 2023 年 8 月 23 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 2023 年 10 月 17 日 下午 15:00-16:00 举行 2023 年半年度业绩说明会，就投 资者关心的问题进行交流。 ...

Financial Performance - The company's operating revenue for the first half of 2023 was CNY 345,053,859.50, a decrease of 30.34% compared to CNY 495,349,331.47 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2023 was CNY 25,571,169.86, down 59.75% from CNY 63,536,516.63 in the previous year[20]. - The net cash flow from operating activities was negative at CNY -50,924,318.65, compared to a positive CNY 62,626,357.95 in the same period last year[20]. - Basic earnings per share for the first half of 2023 were CNY 0.09, a decline of 59.09% from CNY 0.22 in the same period last year[21]. - The weighted average return on net assets was 2.36%, down from 6.19% in the previous year[21]. - The company reported a net profit of CNY 1,294.97 million from its subsidiary, Liaoning Jiuyi Lithium Energy Co., Ltd., despite a net asset deficit of CNY -26,144.89 million[41]. - The company reported a net loss of CNY 408,695,765.53, an improvement from a loss of CNY 434,266,935.39 in the previous period[86]. - The company reported a comprehensive income of CNY 18,486,731.85 for the current period, indicating a positive performance compared to the previous period[113]. Asset and Liability Management - The total assets decreased by 11.67% to CNY 1,288,359,963.64 from CNY 1,458,640,140.46 at the end of the previous year[20]. - Total current assets decreased to CNY 868,758,599.48 from CNY 1,031,874,135.86, representing a reduction of about 15.7%[84]. - Total liabilities decreased to CNY 268,569,666.15 from CNY 468,307,009.60, a decline of about 42.6%[86]. - The company's total equity increased to CNY 1,019,790,297.49 from CNY 990,333,130.86, showing an increase of approximately 3.0%[86]. - The total equity attributable to shareholders increased to CNY 1,210,749,508.34 from CNY 1,196,457,125.11 year-on-year[92]. - The total owner's equity at the end of the reporting period is CNY 1,279,840,240.91, an increase from CNY 1,261,353,509.06 at the end of the previous period, reflecting a growth of approximately 1.5%[113]. Revenue Segmentation - The lithium battery segment generated revenue of 280.47 million RMB, a decline of 19.93%, with net profit dropping 80.02% to 12.95 million RMB[26]. - The nickel-hydrogen battery segment reported revenue of 63.45 million RMB, down 55.76%, and net profit decreased by 49.36% to 1.77 million RMB[27]. - The company achieved operating revenue of 345.05 million RMB in the first half of 2023, a year-on-year decrease of 30.34%[26]. Market and Competitive Position - The company faced significant challenges due to abnormal fluctuations in upstream raw material prices, leading to adjustments in customer inventory policies and delays in overseas orders[29]. - The company has established stable partnerships with international clients such as Philips and IKEA, leveraging these relationships to expand its customer base[25]. - The company is actively optimizing its customer structure and enhancing inventory management and cost control in response to market conditions[27]. - The company’s core competitive advantages include advanced technology and equipment, a stable talent pool, and strong customer relationships[25]. - The company plans to focus on high-end electric tool batteries, enhancing product development and market expansion to stabilize sales and profitability[44]. Research and Development - The company’s research and development efforts in nickel-hydrogen batteries have been focused on new product development and process improvements[27]. - Research and development expenses decreased by 35.40% to CNY 13,736,937.83 from CNY 21,263,175.98 in the previous year[33]. Legal and Regulatory Matters - The company has faced multiple lawsuits, including a claim from China Bank Dalian Branch for 39.31 million RMB, which includes principal and interest[66]. - The total amount involved in the litigation against Times Wan Heng Holdings Group is approximately 421.83 million RMB, with overdue interest of 225.7 million RMB and penalties totaling 51.68 million RMB[66]. - The controlling shareholder is actively communicating and negotiating to resolve the debt crisis and has signed a settlement agreement with Liaoning Transportation Investment Co., Ltd.[64]. Environmental and Social Responsibility - The company is not classified as a key pollutant discharge unit by environmental protection authorities[55]. - There are no reported administrative penalties related to environmental issues during the reporting period[56]. - The company has not disclosed any measures taken to reduce carbon emissions during the reporting period[56]. Shareholder Information - The controlling shareholder holds 143,133,473 shares, accounting for 48.63% of the total share capital of 294,302,115 shares[63]. - The total number of common shareholders as of the end of the reporting period is 11,087[75]. - The largest shareholder, Liaoning Shidai Wanheng Holdings Group Co., Ltd., holds 143,133,473 shares, accounting for 48.63% of the total shares[77]. Financial Reporting and Accounting Policies - The company's financial statements are prepared in accordance with the relevant accounting standards, ensuring a true and complete reflection of its financial status[119]. - The company has not reported any significant changes in accounting policies or estimates that would impact the financial results[118]. - The company assesses expected credit losses based on the significant increase in credit risk since initial recognition, with provisions made accordingly[145].

Financial Performance - The company's operating revenue for Q1 2023 was ¥181,969,849.57, representing a decrease of 15.56% compared to the same period last year[5] - The net profit attributable to shareholders was ¥12,529,191.92, down 48.39% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,700,903.78, a decrease of 47.36% compared to the previous year[5] - Basic and diluted earnings per share were both ¥0.04, reflecting a 50% decline year-on-year[5] - Operating profit for Q1 2023 was CNY 15,024,612.07, a decline of 51.6% from CNY 31,034,259.59 in Q1 2022[16] - The net profit for Q1 2023 was CNY 14,718,168.72, a decrease of 52.0% compared to CNY 30,669,679.03 in Q1 2022[17] - The total comprehensive income for Q1 2023 was CNY 14,718,168.72, down 52.0% from CNY 30,669,679.03 in the same period last year[17] Cash Flow - The net cash flow from operating activities was -¥63,004,431.25, indicating a significant cash outflow[5] - Cash flow from operating activities for Q1 2023 was negative at CNY -63,004,431.25, compared to a positive CNY 61,525,673.35 in Q1 2022[19] - The total cash outflow from operating activities in Q1 2023 was CNY 250,583,805.60, an increase of 38.1% from CNY 181,559,481.78 in Q1 2022[19] - Cash inflow from financing activities in Q1 2023 was CNY 147,739,219.12, an increase of 109.8% from CNY 70,330,214.58 in Q1 2022[20] - The cash and cash equivalents at the end of Q1 2023 amounted to CNY 321,330,306.69, up from CNY 181,627,105.56 at the end of Q1 2022, representing a 76.8% increase[20] - The company reported cash inflow from investment activities of CNY 20,471,388.90 in Q1 2023, compared to CNY 0 in Q1 2022[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,354,288,973.48, a decrease of 7.15% from the end of the previous year[6] - Total assets decreased to CNY 1,354,288,973.48 as of March 31, 2023, from CNY 1,458,640,140.46 at the end of 2022, reflecting a reduction of 7.1%[13] - Total liabilities decreased to CNY 349,237,673.90 as of March 31, 2023, down 25.4% from CNY 468,307,009.60 at the end of 2022[14] - Cash and cash equivalents as of March 31, 2023, were CNY 563,493,214.15, down 10.5% from CNY 629,176,026.80 at the end of 2022[12] Operational Highlights - The company experienced a significant decline in revenue primarily due to reduced income from its subsidiary, Jiuyi Energy, in the nickel-hydrogen battery segment[7] - Total operating costs for Q1 2023 were CNY 167,831,150.30, down 9.3% from CNY 184,959,123.11 in Q1 2022[16] - Research and development expenses for Q1 2023 were CNY 6,191,850.20, down 38.5% from CNY 10,133,992.73 in Q1 2022[16] - The company reported an investment income of CNY 573,182.10 for Q1 2023, an increase from CNY 311,696.02 in Q1 2022[16] Other Financial Metrics - The weighted average return on equity decreased to 1.16%, down from 1.25%[5] - The company reported non-recurring gains and losses totaling -¥171,711.86 for the period[6] - Inventory as of March 31, 2023, was CNY 214,323,997.67, a decrease of 11.3% from CNY 241,502,453.54 at the end of 2022[12] - The company experienced a foreign exchange loss of CNY -1,130,703.68 in Q1 2023, compared to a loss of CNY -573,175.49 in Q1 2022[20]

Financial Performance - The company achieved a net profit attributable to shareholders of 51,236,191.18 yuan in 2022, compared to a net loss of 13,382,430.00 yuan in 2021, marking a significant turnaround [6]. - Operating revenue for 2022 was 936,091,906.60 yuan, representing a 19.88% increase from 780,855,817.67 yuan in 2021 [21]. - Basic earnings per share for 2022 were 0.17 yuan, a recovery from a loss of 0.05 yuan per share in 2021 [22]. - The weighted average return on equity improved to 5.02% in 2022, compared to -1.35% in 2021 [22]. - For the full year 2022, the company reported total revenue of CNY 93.61 million, representing a year-on-year growth of 19.88%, and a net profit of CNY 5.12 million, marking a turnaround from a loss [29]. - The company reported a net loss of ¥434,266,935.39 in 2022, an improvement from a loss of ¥485,503,126.57 in 2021 [168]. - The net profit for the year decreased by ¥49,131,623.62 due to credit impairment losses of ¥10,702,566.54 and asset impairment losses of ¥38,429,057.08 [52]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 21.62% to 213,965,049.87 yuan in 2022, down from 272,969,824.55 yuan in 2021 [21]. - Cash and cash equivalents increased to ¥629,176,026.80, representing 43.13% of total assets, up 47.38% from the previous period [54]. - The company generated cash inflows from operating activities totaling ¥1,044,818,273.09 in 2022, compared to ¥778,961,667.26 in 2021 [184]. - The net cash flow from operating activities for 2022 was ¥17,168,740.20, a significant increase from ¥935,536.54 in 2021, representing a growth of approximately 1,735% [187]. - The total cash and cash equivalents at the end of 2022 amounted to ¥313,028,993.70, up from ¥180,793,940.08 at the end of 2021 [185]. Assets and Liabilities - The company's total assets increased by 6.60% to 1,458,640,140.46 yuan at the end of 2022, compared to 1,368,349,122.92 yuan at the end of 2021 [21]. - Total liabilities decreased to ¥468,307,009.60 in 2022 from ¥486,740,069.24 in 2021, indicating a reduction of about 3.4% [168]. - Total current assets increased to ¥1,031,874,135.86 in 2022 from ¥870,479,653.91 in 2021, representing a growth of approximately 18.5% [166]. - Inventory increased by 5.85% to ¥241,502,453.54, representing 16.56% of total assets [54]. Revenue Segments - The lithium battery segment generated revenue of CNY 66.46 million in 2022, up 31.85% year-on-year, with net profit increasing by 77.45% to CNY 10.19 million [30]. - The nickel-hydrogen battery segment saw a revenue decline of 1.42% to CNY 26.82 million in 2022, with net profit dropping 58.26% to CNY 819,430 [34]. - International business revenue reached CNY 588.83 million, marking a 41.11% increase year-on-year, while domestic revenue decreased by 4.63% [42]. Research and Development - The company emphasized its commitment to R&D and product structure optimization to mitigate the impact of rising raw material costs [30]. - Research and development expenses increased by 4.72% to CNY 32.88 million, reflecting the company's commitment to innovation [38]. - The company employed 85 R&D personnel, making up 9.69% of the total workforce [51]. Governance and Management - The governance structure has been strengthened, with successful board and management elections completed in mid-2022 [68]. - The company has committed to transparent information disclosure and compliance with legal regulations to protect shareholder interests [68]. - The company has established specialized committees within the board, including an audit committee and a compensation and assessment committee, to enhance governance [94]. Regulatory Compliance and Legal Matters - The company received disciplinary actions from the Shanghai Stock Exchange in October 2022 due to inaccurate disclosure of the 2021 annual performance forecast and non-operating fund occupation by the controlling shareholder [85]. - The company faced regulatory measures from the Dalian Securities Regulatory Bureau in December 2022 for various violations, including inaccurate performance forecasts and non-operating fund occupation [86]. - The company has no significant litigation or arbitration matters reported for the year [125]. Future Outlook and Strategy - The company plans to continue focusing on risk management and strategic development in future operations [7]. - The company aims to enhance its market share through high-end product positioning and strategic capital utilization, focusing on quality expansion [65]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth [176].

证券代码：600241 证券简称：ST 时万 公告编号：临 2023- 012 辽宁时代万恒股份有限公司 一、 说明会类型 关于召开 2022 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。 会议召开方式：上证路演中心网络文字互动 投资者可于 2023 年 04 月 11 日(星期二) 至 04 月 17 日(星期 一)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目进 行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 年度的经营成果及财务指标的具体情况与投资者进行互动交流和沟 通，在信息披露允许的范围内就投资者普遍关注的问题进行回答。 重要内容提示： http://roadshow.sseinfo.com/） 辽宁时代万恒股份有限公司（以下简称"公司"）已于 2023 年 4 月 10 日发布公司 2022 年度报告，为便于广大投资者更全面深入地了 解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 04 月 18 日 下午 16:00-17:00 举行 202 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥261,542,009.64, representing a year-on-year increase of 21.63%[5] - The net profit attributable to shareholders was -¥658,360.06, while the net profit for the year-to-date period was ¥62,878,156.57, reflecting a 9.79% increase compared to the same period last year[5] - Total operating revenue for the first three quarters of 2022 reached ¥756,891,341.11, a 39.6% increase compared to ¥542,046,374.77 in the same period of 2021[22] - Net profit for the first three quarters of 2022 was ¥90,925,623.16, representing a 35.5% increase from ¥67,017,270.32 in the same period of 2021[24] - The basic earnings per share for the year-to-date period was ¥0.21, showing a 10.53% increase compared to the previous year[6] - Earnings per share for the first three quarters of 2022 were ¥0.21, compared to ¥0.19 in the same period of 2021[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,530,577,330.74, an increase of 11.86% from the end of the previous year[6] - The total liabilities as of the third quarter of 2022 were ¥558,042,653.90, compared to ¥486,740,069.24 at the end of the previous year[20] - The total equity attributable to shareholders of the parent company was ¥1,056,873,767.37, an increase from ¥993,995,610.80 in the previous year[20] - The company's current assets totaled CNY 1,082.4039 million, compared to CNY 870.4797 million at the end of 2021, reflecting a growth of approximately 24.3%[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥167,466,572.99, reflecting an 8.50% increase compared to the previous year[5] - Cash inflow from operating activities for the first three quarters of 2022 was ¥772,052,815.20, an increase from ¥520,288,869.31 in the previous year[26] - Cash outflow from operating activities totaled 604,586,242.21, an increase from 365,945,440.90 in the previous year, reflecting a year-over-year increase of approximately 65.3%[27] - The net cash flow from financing activities was -148,658,452.19, an improvement from -168,480,780.53 in the same quarter last year[27] - The ending balance of cash and cash equivalents was 189,445,597.07, up from 131,145,146.78 in the same period last year, reflecting a year-over-year increase of approximately 44.4%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,920[11] - The largest shareholder, Liaoning Times Wan Heng Holding Group Co., Ltd., held 48.63% of the shares, with a total of 143,133,473 shares[12] Management and Governance - The company completed the election of the new board of directors and supervisory board, with the new board consisting of seven members, including four non-independent directors and three independent directors, serving a term from July 1, 2022, to June 30, 2025[14] - The company appointed Li Zhibin as the new general manager, effective from September 1, 2022, for a three-year term[15] Impairment and Non-Recurring Items - The company recognized goodwill impairment losses of CNY 32.2137 million in the third quarter, which reduced the net profit in the consolidated financial statements by the same amount[15] - The company reported non-recurring gains and losses totaling ¥374,979.03 for the current period[9] Research and Development - Research and development expenses for the first three quarters of 2022 amounted to ¥27,100,811.98, up from ¥22,401,027.34 in the same period of 2021[23] Other Financial Metrics - The weighted average return on equity decreased by 2.28 percentage points to -0.06% for the current period[6] - The company reported a financial expense of -¥18,695,934.65 for the first three quarters of 2022, a significant change from the financial income of ¥8,444,154.33 in the same period of 2021[23] - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the current year[28]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 495,349,331.47, representing a 51.48% increase compared to CNY 327,016,535.44 in the same period last year[16]. - The net profit attributable to shareholders for the first half of 2022 was CNY 63,536,516.63, an increase of 86.53% from CNY 34,061,832.29 in the previous year[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 62,932,506.37, up 91.45% from CNY 32,871,491.65 year-on-year[16]. - The basic earnings per share for the first half of 2022 was CNY 0.22, an increase of 83.33% compared to CNY 0.12 in the same period last year[17]. - The company achieved operating revenue of 495.35 million RMB, a year-on-year increase of 51.48%[24]. - The net profit attributable to shareholders was 63.54 million RMB, representing a year-on-year growth of 86.53%[24]. - The subsidiary Jiuyi Lithium achieved operating revenue of 350.28 million RMB, up 69.15% year-on-year, with a net profit of 64.83 million RMB, a significant increase of 296.08%[25]. - Jiuyi Energy reported operating revenue of 143.43 million RMB, a year-on-year increase of 21.93%, but net profit decreased by 63.07% to 3.49 million RMB due to rising raw material prices and pandemic impacts[25]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,480,196,523.58, reflecting an 8.17% increase from CNY 1,368,349,122.92 at the end of the previous year[16]. - The net assets attributable to shareholders at the end of the reporting period were CNY 1,057,532,127.43, a 6.39% increase from CNY 993,995,610.80 at the end of the previous year[16]. - The total current assets as of June 30, 2022, amounted to CNY 994,172,790.54, an increase from CNY 870,479,653.91 at the beginning of the period, reflecting a growth of approximately 14.2%[77]. - The total liabilities increased to CNY 1,480,196,523.58, reflecting a growth in financial obligations[79]. - The total amount of guarantees provided by the company, including those to subsidiaries, stands at 30 million RMB, representing 2.84% of the company's net assets[66]. Cash Flow - The net cash flow from operating activities for the first half of 2022 was CNY 63,738,849.46, a decrease of 6.73% compared to CNY 68,338,983.98 in the previous year[16]. - Cash flow from operating activities for the first half of 2022 was CNY 63,738,849.46, a decrease of 6.5% from CNY 68,338,983.98 in the same period of 2021[93]. - The company reported a net cash flow from investment activities of -16,320,243.69 RMB, worsening from -7,343,032.86 RMB in the same period last year[94]. - The total cash inflow from financing activities was 230,456,046.15 RMB, significantly higher than 100,000,000.00 RMB in the previous year[94]. - Cash outflow from financing activities totaled 318,969,781.61 RMB, compared to 256,729,225.22 RMB in the first half of 2021, resulting in a net cash flow from financing activities of -88,513,735.46 RMB[94]. Research and Development - The company is actively investing in R&D to optimize product structure and improve production efficiency in response to rising raw material costs[25]. - Research and development expenses increased by 42.43% to ¥21,263,175.98, compared to ¥14,928,725.68 in the previous year[29]. - Research and development expenses for the first half of 2022 were ¥21,263,175.98, up from ¥14,928,725.68 in the first half of 2021, indicating an increase of about 42.5%[85]. Shareholder Information - The controlling shareholder holds 143,133,473 shares, accounting for 48.63% of the total share capital of 294,302,115 shares[54]. - As of the reporting period, a total of 142,633,473 shares have been judicially frozen, representing 48.46% of the total share capital[54]. - The company had a total of 10,090 common shareholders as of the end of the reporting period[69]. - The largest shareholder, Liaoning Shidai Wanheng Holding Group Co., Ltd., holds 48.63% of the shares, with a total of 143,133,473 shares[71]. Legal and Compliance - The company has reported the existence of non-operating fund occupation by controlling shareholders and their related parties[5]. - The total amount of non-operating funds occupied by controlling shareholders and other related parties is 2,991.10 million RMB, which accounts for 3.01% of the latest audited net assets[53]. - The company is actively seeking solutions to resolve the issue of non-operating fund occupation to protect the rights of the company and its investors[53]. - The company has made commitments to avoid competition with its subsidiaries and ensure no harm to shareholder interests[48]. - The company has established a commitment to reduce related party transactions and ensure compliance with relevant laws and regulations[49]. Environmental and Social Responsibility - The company and its subsidiaries are not classified as key pollutant discharge units by environmental protection authorities[46]. - There were no administrative penalties related to environmental issues during the reporting period[46]. - The company has not reported any measures taken to reduce carbon emissions during the reporting period[46]. Accounting Policies - The financial statements are prepared based on the going concern assumption, with no identified issues affecting the company's ability to continue operations[113]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial statements reflect a true and complete picture of the company's financial status[115]. - The group determines the scope of consolidated financial statements based on control, which includes the company and all subsidiaries[123]. - The group accounts for joint arrangements based on rights and obligations, classifying them as joint operations or joint ventures[128]. Revenue Recognition - The company recognizes revenue when control of goods is transferred to customers, with specific conditions outlined for domestic and international sales[188]. - Revenue is confirmed at the point of control transfer, which includes factors such as payment obligations and ownership transfer[190]. - The company recognizes contract costs as assets if they are directly related to obtaining contracts and are expected to be recoverable[192].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 215,499,302.93, representing a year-on-year increase of 42.98%[5] - The net profit attributable to shareholders for Q1 2022 was CNY 24,278,771.34, reflecting a significant increase of 75.84% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 24,128,964.22, up by 83.73% year-on-year[5] - Basic earnings per share for Q1 2022 were CNY 0.08, an increase of 60.00% year-on-year[6] - The diluted earnings per share also stood at CNY 0.08, reflecting a 60.00% increase compared to the same period last year[6] - Total operating revenue for Q1 2022 reached ¥215,499,302.93, a 43.0% increase from ¥150,715,831.42 in Q1 2021[20] - Net profit for Q1 2022 was ¥30,669,679.03, representing an increase of 91.7% compared to ¥16,007,711.70 in Q1 2021[21] - Total comprehensive income for Q1 2022 was ¥30,669,679.03, compared to ¥16,007,711.70 in Q1 2021, reflecting strong growth[21] Cash Flow and Liquidity - The net cash flow from operating activities reached CNY 61,954,394.62, marking a substantial increase of 133.42% compared to the previous year[5] - Cash flow from operating activities generated a net amount of ¥61,954,394.62, compared to ¥26,542,034.28 in Q1 2021, marking a significant increase[23] - Cash and cash equivalents increased to CNY 479,251,277.37 from CNY 426,894,234.69, reflecting improved liquidity[15] - Cash and cash equivalents at the end of Q1 2022 amounted to ¥181,627,105.56, an increase from ¥82,345,287.35 at the end of Q1 2021[24] - The company incurred a net cash outflow from financing activities of ¥51,448,245.49 in Q1 2022, compared to a larger outflow of ¥83,655,724.27 in Q1 2021[24] Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 1,375,406,665.52, a slight increase of 0.52% from the end of the previous year[6] - As of March 31, 2022, the company's total assets amounted to CNY 1,375,406,665.52, a slight increase from CNY 1,368,349,122.92 on December 31, 2021[15] - The company's total liabilities decreased from CNY 486,740,069.24 to CNY 463,127,932.81, indicating a reduction in financial obligations[17] - The company's total equity rose from CNY 881,609,053.68 to CNY 912,278,732.71, indicating a strengthening of the financial position[17] Shareholder Information - Shareholders' equity attributable to the parent company increased by 2.44% to CNY 1,018,274,382.14 compared to the end of the previous year[6] - The controlling shareholder has pledged 96.23% of their shares, totaling 137,735,043 shares, due to a financing need of CNY 530 million[12] - As of the report date, 142,633,473 shares, or 48.46% of the total share capital, were under judicial freeze, which may pose future risks to control and governance[12] Operational Insights - The increase in operating revenue was primarily driven by a significant rise in sales orders from the subsidiary Jiuyi Lithium Energy compared to the previous year[7] - Total operating costs increased to ¥184,959,123.11, up 37.9% from ¥134,067,793.69 in the same period last year[20] - Research and development expenses rose to ¥10,133,992.73, a 57.5% increase from ¥6,431,900.66 in Q1 2021[20] - The company reported a net loss of CNY 461,224,355.23 for the period, an improvement from a loss of CNY 485,503,126.57 in the previous period[17] - The company is actively communicating with stakeholders to resolve non-operational fund occupation issues amounting to CNY 29,911,000[12] - The company has not yet experienced any operational impact from the controlling shareholder's financial difficulties, but future uncertainties remain[12] - The company received cash from sales of goods and services totaling ¥224,227,964.57 in Q1 2022, up from ¥134,421,090.39 in Q1 2021, indicating strong sales performance[23] - Accounts receivable decreased from CNY 170,692,664.22 to CNY 148,869,063.55, suggesting a potential improvement in collection efficiency[15]