Financial Performance - The company achieved a revenue of CNY 3,785,832,152.72 in 2022, representing a year-on-year increase of 23.78% compared to CNY 3,058,572,227.12 in 2021[25]. - The net profit attributable to shareholders reached CNY 178,644,387.51, a significant increase of 323.51% from CNY 42,181,723.62 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was CNY 114,464,889.58, up 604.47% from CNY 16,248,379.26 in 2021[25]. - Basic earnings per share increased by 315.38% to CNY 0.108 in 2022 from CNY 0.026 in 2021[26]. - The company achieved operating revenue of 3.786 billion yuan in 2022, a year-on-year increase of 23.78%[38]. - The company reported a net profit attributable to shareholders of CNY 31,575,068.80 in Q1 2022, with a significant increase in revenue during the same period[30]. - The total liabilities increased by 24.97% to CNY 1,171,612,719.15 in 2022 from CNY 937,547,481.36 in 2021[27]. - The total non-recurring gains and losses for the year amounted to 641.7949 million yuan, significantly higher than the previous year's 259.3334 million yuan[34]. Asset Management - The company's total assets increased by 26.06% to CNY 7,976,869,371.42 at the end of 2022, compared to CNY 6,328,000,456.90 at the end of 2021[25]. - The net assets attributable to shareholders rose to CNY 2,776,541,262.86, reflecting a 6.40% increase from CNY 2,609,433,935.84 in the previous year[25]. - The company's cash and cash equivalents rose by 34.62% to CNY 1,153,215,723.28 as of December 31, 2022, from CNY 856,618,746.00 in 2021[26]. - Long-term equity investments increased by 168.67% to 1.84 billion yuan compared to the previous period[98]. - The total inventory value decreased to ¥24,222,067.15, reflecting a 100% reduction due to stock cancellation[100]. Operational Highlights - The operating costs rose by 23.12% to CNY 3,214,633,270.11 in 2022, reflecting increased sales of power batteries and lithium materials[28]. - The company sold 420,000 sets of HEV power battery materials, achieving a new sales record[39]. - The company completed the acquisition of automotive parts manufacturer for 205,959,600 RMB, enhancing its market position[108]. - The company’s HEV nickel-hydrogen battery material sales reached approximately 2.98 billion yuan, with a year-on-year growth of 35.92%, and sales volume of 279.02 million square meters, a growth of 9.09%[66]. - The company’s HEV vehicle-mounted power battery business grew by 7.64% year-on-year, driven by the increasing domestic HEV market demand[69]. Strategic Initiatives - The company plans not to distribute profits for the year 2022, opting to reinvest the retained earnings into daily operations and ongoing projects[7]. - The company plans to complete the construction of 10,000 tons of lithium carbonate production capacity by mid-2023 and 30,000 tons by the end of 2023[40]. - The company signed a strategic cooperation framework agreement to jointly invest in the production base for lithium battery cathode materials, enhancing its lithium battery supply chain[42]. - The company aims to transition new energy storage to large-scale commercial development by 2025, with a focus on diverse technology applications and safety management in energy storage systems[59]. - The company is actively engaged in the research and development of new materials and battery manufacturing technologies[108]. Market Trends - In 2022, China's lithium-ion battery production reached 750 GWh, a year-on-year increase of over 130%, with the total industry output value exceeding 1.2 trillion RMB, doubling from 600 billion RMB the previous year[46]. - The domestic power battery market saw a shipment volume of 480 GWh in 2022, a year-on-year growth of over 110%, with lithium iron phosphate batteries accounting for 61% of the market share[48]. - The production of energy storage lithium batteries exceeded 100 GWh in 2022, representing a 213% increase compared to the previous year, with lithium-ion battery technology dominating at 94.2% of new installations[49]. - The company is focusing on the development of energy storage applications, including household and portable storage products, leveraging its cost advantages in upstream lithium resources[133]. - The consumer battery market is expected to recover in 2023, driven by the growth of 3C terminal exports and emerging fields such as 5G smartphones and smart wearables[125]. Environmental Compliance - The company maintained compliance with environmental discharge standards, with no instances of exceeding pollutant discharge limits reported[193]. - The company’s internal control audit report received a standard unqualified opinion, indicating effective internal control systems[190]. - The company reported a total phosphorus discharge of 0.049 mg/L, which is below the limit of 2 mg/L[194]. - The company’s overall emissions strategy aligns with the "Battery Industry Pollutant Emission Standards" (GB 30484-2013) to ensure environmental compliance[199]. - The company is actively monitoring and reporting emissions data to adhere to local and national environmental regulations[200]. Governance and Management - The company is committed to enhancing its service offerings, including battery testing and consulting services[117]. - The company has established a performance evaluation mechanism for senior management, linking income to contributions and responsibilities[186]. - The company respects and protects the legitimate rights of stakeholders, including employees and creditors, to promote sustainable development[144]. - The company has implemented a stock option incentive plan, with various milestones and conditions disclosed in announcements throughout 2022[183]. - The company emphasizes the importance of effective internal governance and risk management to adapt to rapid business expansion and changing product demands[136].

2022 年第三季度报告 单位：元 币种：人民币 1 / 13 证券代码：600478 证券简称：科力远 湖南科力远新能源股份有限公司 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 本报告期 年初至报告 | --- | --- | --- | --- | --- | |------------------------------------------------|------------------|--------------------------------|------------------|------------------- ...

证券代码：600478 证券简称：科力远 公告编号：2022-054 湖南科力远新能源股份有限公司 关于参加湖南辖区上市公司 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，并对其内容的真实性、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，使广大投资者能更深入全面地了解公司 情况，湖南科力远新能源股份有限公司（以下简称"公司"）将参加由中国证券 监督管理委员会湖南监管局、湖南省上市公司协会与深圳市全景网络有限公司联 合举办的"湖南辖区上市公司 2022 年投资者网上接待日活动"，现将有关事项公 告如下： 本次投资者网上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 ， 采 取 网 络 远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 全 景 路 演 " 网 站 （http://rs.p5w.net）参与本次投资者网上集体接待日活动，活动时间为 2022 年 9 月 29 日（星期四）下午 15:30－16:55。 届时公司相关人员将通过网络文字交流形式与投资者进行沟通与交流。 欢迎广 ...

Financial Performance - The company reported a total revenue of 1.2 billion CNY for the first half of 2022, representing a year-on-year increase of 15%[15]. - The net profit attributable to shareholders was 150 million CNY, up 20% compared to the same period last year[15]. - The company's operating revenue for the first half of 2022 was ¥1,252,856,867.46, representing a 2.66% increase compared to ¥1,220,395,084.54 in the same period last year[21]. - Net profit attributable to shareholders was ¥64,091,508.43, an increase of 82.42% from ¥35,134,469.56 year-on-year[21]. - The basic earnings per share increased by 85.71% to ¥0.039 from ¥0.021 year-on-year[21]. - Future guidance estimates a revenue growth of 10-15% for the second half of 2022[15]. - The company achieved a revenue of CNY 1,252,856,867.46, representing a year-on-year growth of 2.66%[70]. - The net profit attributable to shareholders reached CNY 64,091,500, marking an impressive increase of 82.42% compared to the previous year[69]. User Growth and Market Expansion - User data indicates a growth in active users by 25%, reaching 500,000 users by the end of June 2022[15]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[15]. - The company is actively exploring new markets and business opportunities to mitigate risks associated with the ongoing pandemic and global economic uncertainties[93]. Research and Development - The company has allocated 200 million CNY for research and development in the upcoming fiscal year[15]. - New product development includes the launch of a next-generation battery technology expected to improve energy density by 15%[15]. - The company plans to invest in a "30,000 tons battery-grade lithium carbonate project" and a "60,000 tons high-power lithium iron phosphate cathode materials project" in collaboration with local governments[68]. - The company holds 738 patents, including 317 invention patents, reflecting its commitment to innovation and technology transfer[61]. Environmental Compliance - The company reported a pH value of 7.3 for wastewater, which is within the allowable limit of 6-9 mg/L[105]. - Chemical Oxygen Demand (COD) for wastewater was recorded at 67 mg/L, significantly below the limit of 400 mg/L[105]. - The company has no instances of exceeding pollution discharge standards across various pollutants[105]. - The company has implemented measures to ensure all emissions are within regulatory limits, demonstrating commitment to environmental standards[117]. - The company achieved zero industrial wastewater discharge starting in 2022, updating its discharge permit accordingly[135]. Financial Position and Assets - The total assets at the end of the reporting period were ¥6,655,792,508.01, a 5.18% increase from ¥6,328,000,456.90 at the end of the previous year[21]. - The company's cash and cash equivalents increased by 45.42% to CNY 1,245,668,572.86, primarily due to an increase in bank deposit guarantees[73]. - The total current assets increased to CNY 2,393,197,613.11 from CNY 1,910,758,981.44, representing a growth of approximately 25.3%[177]. - Total liabilities increased to CNY 3,546,297,536.46 from CNY 3,269,701,351.56, indicating a rise of about 8.4%[180]. Market Risks and Challenges - The management highlighted potential risks including supply chain disruptions and regulatory changes impacting the renewable energy sector[15]. - The company is facing market risks due to complex macroeconomic conditions, including demand contraction and supply shocks, which may impact revenue stability[89]. - The company reported a significant increase in competition within the hybrid vehicle battery market, necessitating continuous innovation to maintain core competitiveness[91]. Corporate Governance and Shareholder Information - The company received a public reprimand from the Shanghai Stock Exchange on January 21, 2022, regarding its controlling shareholder, Hunan Keli Yuan High-Tech Group Co., Ltd.[141]. - The total number of shareholders reached 56,029 by the end of the reporting period[163]. - The largest shareholder, Hunan Keli Yuan High-tech Group Co., Ltd., holds 204,298,803 shares, representing 12.30% of the total shares[163]. - The company has a commitment to avoid competition with its controlling shareholder, Keli Yuan Group, established in September 2007, which is still in effect[138].

Financial Performance - The company's operating revenue for Q1 2022 was ¥541,106,326.98, representing an increase of 11.76% compared to the same period last year [6] - Net profit attributable to shareholders was ¥31,575,068.80, showing a significant increase of 169.93% year-on-year [6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,712,619.86, reflecting a substantial increase of 412.38% compared to the previous year [6] - The basic and diluted earnings per share were both ¥0.019, which is a 169.93% increase from the previous year [9] - Total operating revenue for Q1 2022 was CNY 541,106,326.98, an increase of 11.8% compared to CNY 484,148,470.82 in Q1 2021 [36] - Net profit for Q1 2022 was CNY 22,175,533.14, compared to CNY 1,545,721.38 in Q1 2021, indicating a significant increase [36] - Total comprehensive income attributable to the parent company reached CNY 18,623,124.23, a significant increase from CNY 1,029,832.86 in the previous year [38] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,463,631,958.65, an increase of 2.14% from the end of the previous year [9] - The total liabilities increased to CNY 3,398,156,114.73 in Q1 2022 from CNY 3,269,701,351.56 in Q1 2021, representing a growth of 3.9% [32] - The total equity attributable to shareholders rose to CNY 2,626,384,796.93 in Q1 2022, compared to CNY 2,609,433,935.84 in Q1 2021, an increase of 0.6% [32] - The company's long-term equity investments rose to RMB 730,700,625.81 from RMB 684,977,915.81, marking an increase of approximately 6.7% [27] Cash Flow - The net cash flow from operating activities was ¥147,863,359.14, which is not applicable for comparison [6] - Net cash flow from operating activities was CNY 147,863,359.14, a turnaround from a negative cash flow of CNY -11,774,937.52 in the same period last year [42] - Cash and cash equivalents at the end of the period amounted to CNY 810,949,499.50, up from CNY 697,221,434.20 at the end of the previous year [43] - The net increase in cash and cash equivalents for the period was CNY 117,166,051.77, compared to CNY 56,365,041.01 in the same quarter last year [43] Operational Efficiency - The weighted average return on net assets increased to 1.23%, up by 0.77 percentage points from the previous year [9] - The company reported a decrease in accounts receivable from RMB 459,374,761.74 in 2021 to RMB 302,597,862.31 in Q1 2022, a reduction of approximately 34% [27] - Research and development expenses decreased to CNY 14,702,011.97 in Q1 2022 from CNY 17,979,510.73 in Q1 2021, a decline of 18.5% [36] - The company reported a decrease in sales expenses to CNY 3,497,530.76 in Q1 2022 from CNY 6,964,215.68 in Q1 2021, a reduction of 49.8% [36] Strategic Initiatives - The company is focusing on strategic adjustments to return to its core battery business, particularly in nickel-hydrogen and lithium battery technologies [19] - A joint venture was established with Guangdong Keli Yuan High-Tech Holdings to develop a new energy storage market, enhancing the company's competitive edge in hybrid energy storage systems [22] - The company has signed an investment agreement with strategic partners to expand its hybrid power system business, aiming to enhance operational quality and business scale [21] - The company is actively pursuing partnerships to optimize resource allocation and improve the quality of its battery operations [21] - The company has introduced new strategies to enhance its market presence in the energy storage and new energy vehicle sectors [19]

Financial Performance - The company reported a distributable profit of CNY 201,691,877.14 for the year 2021, with an ending retained earnings of CNY 40,269,637.55[7]. - The company did not declare any cash dividends for 2021 as the earnings per share were below CNY 0.1, failing to meet the cash dividend distribution criteria[7]. - The company's operating revenue for 2021 was ¥3,058,572,227.12, representing a 20.14% increase compared to ¥2,545,775,967.00 in 2020[24]. - The net profit attributable to shareholders for 2021 was ¥42,181,723.62, a decrease of 23.95% from ¥55,469,413.57 in 2020[24]. - The net cash flow from operating activities decreased by 55.38% to ¥219,144,510.38 from ¥491,109,994.30 in 2020[24]. - The basic earnings per share for 2021 was ¥0.026, down 23.53% from ¥0.034 in 2020[25]. - The weighted average return on equity for 2021 was 1.64%, a decrease of 0.55 percentage points from 2.19% in 2020[25]. - The company's total assets at the end of 2021 were ¥6,328,000,456.90, a 2.91% increase from ¥6,149,025,376.63 at the end of 2020[24]. - The company's operating costs for 2021 were ¥2,610,977,916.39, reflecting a 17.75% increase from ¥2,217,406,519.74 in 2020[30]. - The company achieved a revenue of 3.06 billion RMB, a 20.14% increase year-on-year, and a net profit of 42.18 million RMB during the reporting period[103]. Audit and Compliance - The company has a standard unqualified audit report issued by Da Xin Certified Public Accountants[6]. - The company has not faced any non-operating fund occupation by controlling shareholders or related parties[9]. - The company has not provided any guarantees in violation of decision-making procedures[9]. - The company has established a robust corporate governance structure, ensuring compliance with relevant laws and regulations while maintaining transparency in information disclosure[170]. - The board of directors consists of 7 members, including 3 independent directors, ensuring a balanced decision-making process[171]. - The company is committed to compliance with the Company Law and relevant regulations, ensuring proper governance and accountability[178]. Market and Product Development - The company signed an investment agreement to introduce strategic investors for its CHS hybrid powertrain system business, aiming to expand into the energy storage market[42]. - A joint venture was established with Keli Yuan Holdings to develop the new energy storage market, enhancing product quality and brand value[43]. - The company secured bulk orders for rail transit batteries in cities like Wenzhou and Nanjing, expanding its market presence[46]. - The company anticipates substantial growth in the HEV market, with HEV sales reaching 586,100 units in 2021, a year-on-year increase of 46%[139]. - The company is entering the lithium battery materials sector through an investment in Jiangxi Dingsheng New Materials Technology Co., facing challenges in talent development and market expansion[166]. Research and Development - The company reported a total of CNY 99,561,017.09 in R&D expenditures, accounting for 3.26% of total operating revenue[1]. - The company has 133 R&D personnel, representing 4% of the total workforce, with 2 holding doctoral degrees[1]. - The company is investing heavily in R&D for new technologies, with a budget allocation of 32.782 million for the next fiscal year[186]. - The company added 63 domestic patents and 1 international patent during the reporting period, bringing the total to 724 patents, which strengthens its core competitiveness in technology[97]. Strategic Partnerships and Collaborations - The company is collaborating with a joint venture to develop a new energy storage application system, marking an expansion into the energy storage market[93]. - The company has established partnerships with key industry players to leverage synergies and enhance competitive positioning[187]. Risks and Challenges - The company faces policy risks due to the uncertainty of the implementation of new energy and storage policies, which are crucial for market potential[163]. - Market risks include significant uncertainties in commodity supply and price fluctuations, exacerbated by external economic pressures and currency exchange rate changes[163]. - The ongoing global pandemic poses risks to the supply chain and consumer markets, prompting the company to explore new markets and strengthen its business resilience[167]. Shareholder Engagement - The company has conducted two shareholder meetings in 2021, ensuring equal rights and participation for all shareholders[175]. - The first extraordinary general meeting in 2021 was held on March 10, with 76 shareholders present, holding a total of 517,222,214 shares, accounting for 31.3042% of the voting shares[178]. - The company’s financial report indicates a focus on maintaining shareholder engagement through regular meetings and transparent reporting practices[181].

2021 年第三季度报告 单位：元 币种：人民币 1 / 16 证券代码：600478 证券简称：科力远 湖南科力远新能源股份有限公司 2021 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个别及连带责任。 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 报表信息的真实、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 本报告期 年初至报告 | --- | --- | --- | --- | --- | |------------------------------------------------|----------------|------------------------------|------------------|------------------ ...

证券代码：600478 证券简称：科力远 公告编号：2021-052 湖南科力远新能源股份有限公司 关于参加湖南辖区上市公司 2021 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，并对其内容的真实性、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，使广大投资者能更深入全面地了解公司 情况，湖南科力远新能源股份有限公司（以下简称"公司"）将参加由中国证券 监督管理委员会湖南监管局主办、湖南省上市公司协会和深圳市全景网络有限公 司协办的"2021 年湖南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： 本次投资者网上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，采取网络远程的方式举行，投资者可以登录"全景·路演天下"网站 （http://rs.p5w.net）参与本次投资者集体接待日活动，活动时间为 2021 年 9 月 24 日（星期五）下午 15:00－17:00。 届时公司相关人员将通过网络文字交流形式与投资者进行沟通与交流。 欢迎广大投资者积极参与。 特此公告。 湖南科力远新能源股份有 ...

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥1,220,395,084.54, representing a 23.39% increase compared to ¥989,022,341.59 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was ¥35,134,469.56, a significant recovery from a loss of ¥95,906,106.18 in the previous year[23]. - Basic earnings per share for the first half of 2021 were ¥0.021, a recovery from a loss of ¥0.058 in the same period last year[23]. - The company reported a significant reduction in non-recurring losses, with a net profit of ¥8,060,767.61 compared to a loss of ¥102,469,529.87 in the previous year[23]. - The company achieved a turnaround in net profit in the first half of 2021 due to increased sales and optimized internal cost structures[57]. - The net profit for the first half of 2021 reached CNY 106,307,945.69, compared to a net loss of CNY -26,988,447.92 in the first half of 2020, indicating a significant turnaround[177]. Cash Flow and Assets - The net cash flow from operating activities was ¥22,599,012.79, down 81.56% from ¥122,552,503.78 in the same period last year[23]. - The company's cash increased by 9.09% to ¥760.51 million due to higher sales collection[24]. - The company's total assets increased by 2.70% to ¥6,315,343,265.71 compared to ¥6,149,025,376.63 at the end of the previous year[23]. - The company's cash flow from operating activities increased due to higher sales revenue and a previous year’s technology licensing income of 130 million yuan[74]. - The ending balance of cash and cash equivalents was ¥557,193,769.04, compared to ¥449,061,756.27 at the end of the previous year, reflecting an increase of approximately 24.1%[184]. Liabilities and Equity - The company's short-term loans increased by 5.43% to ¥940.65 million, attributed to new short-term bank loans[27]. - Total liabilities increased to CNY 3,263,654,257.24, up from CNY 3,099,085,060.00, indicating a rise of about 5.3%[162]. - The total equity attributable to shareholders rose to CNY 2,581,916,289.69 from CNY 2,560,821,156.74, showing a growth of approximately 0.8%[162]. Research and Development - The company’s R&D expenses for the first half of 2021 were ¥36.30 million, a 23.30% increase from ¥29.44 million in the same period of 2020[28]. - Research and development expenses for the first half of 2021 were CNY 36,300,769.02, up from CNY 29,440,093.09 in the same period of 2020, indicating a growth of approximately 23.3%[169]. Market and Sales - In 2021, the domestic HEV sales reached approximately 247,000 units, representing a year-on-year growth of 72%[41]. - The production and sales of new energy vehicles in the first half of 2021 reached 1.215 million and 1.206 million units, respectively, both doubling year-on-year[41]. - The company’s revenue and profit saw significant improvement in the first half of 2021, driven by the strong market demand for HEV core materials and consumer battery materials[55]. Environmental Compliance - The company reported no exceedances in pollutant discharge limits for key contaminants such as COD, ammonia nitrogen, and total nickel[111]. - The company maintains compliance with national environmental protection laws and regulations, ensuring all pollution control facilities operate efficiently[111]. - The company has established a comprehensive pollution control system, regularly inspecting the operational status of environmental facilities[111]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 56,622[143]. - The largest shareholder, Hunan Keli Yuangao Technology Group Co., Ltd., held 204,298,803 shares, representing 12.36% of total shares[143]. - The top ten shareholders collectively held a significant portion of the company's shares, with the top four shareholders alone holding over 50%[145]. Strategic Initiatives - The company has established strategic partnerships with leading enterprises in various sectors, including shared mobility and smart home industries[51]. - The company is actively seeking strategic partnerships to develop competitive energy-saving and new energy vehicle products[71]. - The company plans to continue focusing on market expansion and new product development to drive future growth[170].

Financial Performance - Operating revenue for the first quarter reached CNY 484,148,470.82, representing a 61.82% increase year-on-year[12] - Net profit attributable to shareholders was CNY 11,697,484.15, a significant recovery from a loss of CNY 39,167,121.47 in the same period last year[12] - Basic earnings per share improved to CNY 0.007 from a loss of CNY -0.024 in the same period last year[15] - The weighted average return on equity increased to 0.46%, up by 2.03 percentage points from -1.57% year-on-year[12] - The company reported a significant increase in derivative financial assets, which rose by 1,321.08% to RMB 5.09 million, indicating a focus on hedging activities[22] - The company reported a net profit of 1,545,721.38 CNY, compared to a net loss of 47,560,975.24 CNY in the previous period, indicating a significant turnaround[51] - Total revenue for the first quarter of 2021 was 46,039,579.06 CNY, up from 29,493,305.80 CNY in the same period last year, representing a year-over-year increase of approximately 56%[54] - Operating profit for the first quarter was 27,623,859.06 CNY, compared to an operating loss of 6,544,033.71 CNY in the previous year, showing a substantial improvement[56] - The company reported a total comprehensive income of 27,648,008.50 CNY, compared to a loss of 6,413,460.16 CNY in the previous year, indicating a positive shift in overall financial health[57] Assets and Liabilities - Total assets increased by 3.47% to CNY 6,362,525,263.67 compared to the end of the previous year[12] - The company's total assets amounted to approximately ¥6.36 billion, an increase from ¥6.15 billion at the end of 2020, reflecting a growth of about 3.4%[36] - The company's current assets reached approximately ¥1.66 billion, up from ¥1.45 billion at the end of 2020, indicating a growth of around 14.5%[33] - The company's total liabilities as of March 31, 2021, were approximately ¥3.32 billion, compared to ¥3.10 billion at the end of 2020, reflecting an increase of about 7.2%[38] - The company's equity attributable to shareholders was approximately ¥2.56 billion, slightly up from ¥2.56 billion at the end of 2020, indicating a marginal increase of about 0.04%[38] - Total liabilities rose to ¥1,980,914,052.32 in Q1 2021, compared to ¥1,844,707,109.05 in Q1 2020, marking an increase of 7.37%[44] Cash Flow - Net cash flow from operating activities was negative at CNY -11,774,937.52, a decline of 107.5% compared to the previous year[12] - Cash flow from operating activities was 418,435,726.45 CNY, down from 520,817,534.66 CNY in the same quarter of the previous year, reflecting a decrease of approximately 20%[59] - Cash inflow from financing activities increased to 452,825,420.28 RMB, up from 309,134,203.11 RMB[62] - The net cash flow from financing activities was 116,952,449.33 RMB, contrasting with a net outflow of -56,168,676.89 RMB last year[62] - Cash received from sales of goods and services was 49,014,653.33 RMB, up from 31,392,125.20 RMB year-over-year[64] Shareholder Information - The total number of shareholders reached 56,210, indicating a broadening of the shareholder base[18] - The top shareholder, Hunan Keli Yuan High-tech Group Co., Ltd., holds 12.36% of shares, while Geely Technology Group Co., Ltd. holds 11.10%[18] Government Support and Strategic Focus - The company received government subsidies amounting to CNY 8,248,505, contributing positively to its financial performance[15] - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development[12] - The company is focusing on expanding its HEV vehicle battery supply chain, which has contributed to the strong performance in Q1 2021[21] Costs and Expenses - The gross profit margin improved due to increased sales of battery products, with operating costs rising to RMB 414.83 million, up 56.31% from RMB 265.39 million in the previous year[26] - Research and development expenses for Q1 2021 amounted to ¥17,979,510.73, compared to ¥13,341,157.91 in Q1 2020, indicating a 35% increase[49] - The company incurred financial expenses of 9,825,237.80 CNY, a decrease from 15,121,954.96 CNY in the previous year, resulting in a reduction of approximately 35%[54] - The company reported a decrease in management expenses to 2,562,973.54 CNY from 3,940,134.62 CNY, reflecting a reduction of approximately 35%[54]