烽火通信科技股份有限公司独立董事 关于第八届董事会第十二次会议相关议案的事前认可意见 综上，我们同意将《关于回购注销部分激励对象已获授但尚未解锁的限制性 股票的议案》《关于与信科（北京）财务有限公司签署<金融服务协议>暨关联 交易的议案》《关于聘任2023年度审计机构的议案》提交公司第八届董事会第 十二次会议审议。 （此页无正文） 独立董事： 田志龙 王雄元 郭月梅 陈 真 二 O 二三年八月二十四日 根据《上市公司治理准则》《上市公司独立董事规则》《上海证券交易所股 票上市规则》等法律、法规、规范性文件以及《烽火通信科技股份有限公司章程》 等有关规定，我们作为烽火通信科技股份有限公司（以下简称"烽火通信"或"公 司"）第八届董事会独立董事，对公司第八届董事会第十二次会议审议的《关于 回购注销部分激励对象已获授但尚未解锁的限制性股票的议案》《关于与信科（北 京）财务有限公司续签<金融服务协议>暨关联交易的议案》《关于聘任2023年 度审计机构的议案》等相关事项和资料进行了认真审阅，听取了公司的相关说明， 与公司相关人员进行了必要的沟通，基于独立、客观、公正的判断立场，我们发 表独立意见如下： 一、我们认为本次 ...

| 证券代码：600498 | 证券简称：烽火通信 | 公告编号：2023-031 | | --- | --- | --- | | 转债代码：110062 | 转债简称：烽火转债 | | 烽火通信科技股份有限公司 关于召开 2023 年第一次临时股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2023 年第一次临时股东大会 召开的日期时间：2023 年 9 月 22 日 14 点 30 分 召开地点：武汉市东湖高新区高新四路 6 号烽火科技园 1 号楼 511 会议室 股东大会召开日期：2023年9月22日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 ...

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。 特此公告。 烽火通信科技股份有限公司（以下简称"本公司"或"公司"）回购部分已 授予但尚未解锁的股权激励限制性股票相关议案已经 2023 年 8 月 24 日召开的公 司第八届董事会第十二次会议审议通过，详见同日刊载于《中国证券报》《上海 证券报》《证券时报》及上海证券交易所网站（www.sse.com.cn）的《烽火通信 科技股份有限公司第八届董事会第十二次会议决议公告》（公告编号：2023-024） 及《烽火通信科技股份有限公司关于回购注销部分限制性股票的公告》（公告编 号：2023-026）。 根据相关决议，本公司将回购注销部分激励对象所持的限制性股票共 107.3692 万股。回购完毕后 5 日内，公司将向中国证券登记结算有限责任公司上 海分公司申请该部分股票的注销，注销完成后，公司注册资本将减少 107.3692 万元。 现根据《中华人民共和国公司法》等相关法律、法规的规定公告如下：凡本 公司债权人均有权于本通知公告之日（2023 年 8 月 26 日）起 45 ...

湖北得伟君尚律师事务所关于 烽火通信科技股份有限公司 回购注销部分限制性股票相关事宜的 法律意见书 湖北得伟君尚律师事务所 二〇二三年 对本所出具的本法律意见书，本所律师声明如下： 1、本所律师承诺依据本法律意见书出具日以前已经发生或存在的 事实和我国现行法律、行政法规和中国证券监督管理委员会（以下简称 "中国证监会"）的有关规定发表法律意见。 1 湖北得伟君尚律师事务所关于 烽火通信科技股份有限公司 回购注销部分限制性股票相关事宜的 法律意见书 （2023）得伟君尚字第 0312 号 致：烽火通信科技股份有限公司 根据湖北得伟君尚律师事务所（以下简称"本所"）与烽火通信科技 股份有限公司（以下简称"烽火通信"或"公司"）签署的《专项法律 服务合同》，本所担任烽火通信限制性股票激励计划（以下简称"激励 计划"）的专项法律顾问。 本所根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司 股权激励管理办法》（以下简称"《管理办法》"）等有关法律、行政 法规、规范性文件及《烽火通信股份有限公司章程》（以下简称"《公 司章程》"）的有关规定，就公司关 ...

转债代码：110062 转债简称：烽火转债 证券代码：600498 证券简称：烽火通信 公告编号：2023-016 烽火通信科技股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 会议召开时间：2023 年 06 月 02 日（星期五）上午 10:00-11:30 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频录播和网络互动 投资者可于 2023 年 05 月 26 日（星期五）至 06 月 01 日（星期四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 info@fiberhome.com 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。 烽火通信科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日发 布公司 2022 年年度报告 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 5,016,250,752.68, representing a 10.08% increase compared to the same period last year[11]. - The net profit attributable to shareholders of the listed company was CNY 37,390,370.18, reflecting a 39.58% increase year-over-year[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 37,911,033.34, which is a 67.28% increase compared to the previous year[11]. - The basic earnings per share for Q1 2023 was CNY 0.03, up 39.73% from the same period last year[11]. - The diluted earnings per share also stood at CNY 0.03, marking a 39.73% increase year-over-year[11]. - The total comprehensive income for the period was CNY 48,081,849.10, compared to CNY 29,208,223.56 in the same quarter last year[3]. - Net profit for the current period reached CNY 36,611,945.82, an increase of 40.5% compared to CNY 26,038,283.02 in the previous period[25]. - Total revenue for the period was CNY 45,752,127.47, up from CNY 30,687,893.83, reflecting a significant growth[25]. - The company reported a net profit for Q1 2023 of ¥240,302,428.80, compared to a net profit of ¥64,460,664.57 in Q1 2022, marking a substantial increase[46]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 3,242,223,163.09, a decrease of 25.64% compared to the previous year[11]. - Cash and cash equivalents at the end of the period amounted to CNY 2,889,223,456.43, down from CNY 3,632,391,054.98 at the end of the same period last year[5]. - The company experienced a 25.64% decrease in net cash flow from operating activities, primarily due to increased payments[27]. - The company reported a net cash outflow from operating activities of ¥2,265,346,483.95, worsening from a net outflow of ¥1,080,281,466.59 in the previous year[48]. - Cash and cash equivalents at the end of Q1 2023 stood at ¥1,024,587,643.17, down from ¥1,681,414,890.62 at the end of Q1 2022[49]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥38,724,391,720.15, an increase of 0.46% compared to the end of the previous year[14]. - Total current assets amounted to CNY 27,941,986,575.62, a decrease of 0.89% from CNY 28,194,175,492.79 on December 31, 2022[32]. - Total liabilities reached ¥25,154,566,433.89, compared to ¥25,024,195,471.09 at the end of the previous year[20]. - Total current liabilities increased to CNY 19,057,380,096.45, up 2.2% from CNY 18,650,210,372.02[40]. - Total liabilities reached CNY 23,065,616,963.46, an increase of 1.8% from CNY 22,658,309,312.19[40]. Investment and Financing Activities - The company reported a total cash inflow from financing activities of CNY 2,687,354,500.00, compared to CNY 1,886,174,450.00 in the previous year[5]. - The company raised ¥2,500,000,000.00 through borrowings in Q1 2023, compared to ¥1,447,509,000.00 in Q1 2022, indicating increased financing activity[49]. - The company reported a 313.02% increase in short-term borrowings, totaling CNY 2.638 billion, an increase of CNY 1.999 billion compared to the beginning of the period[27]. Research and Development - Research and development expenses increased by 8.90% to CNY 712,459,106.61 from CNY 654,249,213.43[25]. - Research and development expenses for Q1 2023 were ¥264,615,408.28, a slight decrease of 6.8% from ¥284,000,562.43 in Q1 2022[46]. Other Comprehensive Income - The company reported a decrease in other comprehensive income, improving to -¥9,340,429.04 from -¥19,354,539.19[20]. - Other comprehensive income after tax amounted to CNY 11,469,903.28, compared to CNY 3,169,940.54 in the previous period[25]. - The company reported a total comprehensive income of -¥13,319,112.06 for the period, reflecting challenges in other comprehensive income[46].

Financial Performance - The company reported a total profit available for distribution to shareholders of CNY 1,152,077,649.27, with a cash dividend of 1.1 shares for every 10 shares held[7]. - The company's operating revenue for 2022 was CNY 30,917,860,586, representing a year-on-year increase of 17.38% compared to CNY 26,340,555,790 in 2021[19]. - Net profit attributable to shareholders for 2022 reached CNY 405,793,308.93, a significant increase of 40.60% from CNY 288,617,594.15 in 2021[19]. - The net cash flow from operating activities improved dramatically to CNY 47,033,769.06, a 152.07% increase from a negative cash flow of CNY -90,325,133.59 in 2021[19]. - Basic earnings per share for 2022 were CNY 0.34, up 36.00% from CNY 0.25 in 2021[19]. - The weighted average return on equity increased to 3.38%, up 0.90 percentage points from 2.48% in 2021[19]. - The total assets of the company as of the end of 2022 were CNY 38,545,938,908.25, reflecting a growth of 6.29% from CNY 36,266,429,384.31 in 2021[19]. - The net profit after deducting non-recurring gains and losses for 2022 was CNY 353,198,125.46, which is a 44.29% increase from CNY 244,778,628.11 in 2021[19]. - The company reported a total of CNY 59,750,102.32 in government subsidies related to normal business operations for 2022[24]. Corporate Governance - The company received a standard unqualified audit report from Dahua Certified Public Accountants[7]. - The company has appointed Guo Rengang and Liu Rui as signing accountants from Dahua Certified Public Accountants[18]. - The board of directors consists of 11 members, including 4 independent directors, and held 10 meetings during the reporting period to discuss key issues such as profit distribution and fundraising[98]. - The supervisory board held 6 meetings in the reporting period, focusing on the company's financial situation and internal control, with no violations or harm to shareholder interests reported[98]. - The company emphasizes high-quality information disclosure, complying with regulations and ensuring timely updates on significant events to protect investor interests[98]. - The company has established specialized committees within the board to enhance decision-making efficiency and compliance[98]. - The company has a total of 7 supervisors, including 3 employee representatives, ensuring compliance with governance requirements[98]. - The company has not faced any penalties from securities regulatory authorities in the past three years[120]. Risk Management - The company has outlined potential risks in its future development strategy, which are detailed in the management discussion and analysis section[7]. - The company faces macroeconomic fluctuation risks that could adversely affect its operations, particularly due to a slowdown in economic growth and potential reductions in capital expenditures from clients[88]. - High raw material costs significantly impact the company's profit margins, with a focus on improving supply chain management to mitigate risks associated with price volatility[88]. - Global operational management risks are increasing as the company expands its overseas business, necessitating improved risk control and local market strategies[88]. - The company is committed to adhering to cybersecurity laws and regulations, ensuring the implementation of a dual prevention mechanism for risk management[85]. Research and Development - Research and development expenses increased by 17.27% to CNY 4.10 billion, driven by accelerated progress in key core technologies[49]. - The total R&D investment was ¥4,393,683,755.54, accounting for 14.21% of operating revenue[63]. - The company employed 7,526 R&D personnel, making up 45.29% of the total workforce[64]. - The company is committed to technological innovation and aims to maintain R&D investments to adapt to market demands and avoid falling behind in product development[88]. Market Expansion and Strategy - The company is focused on technological innovation and has extended its market presence globally, covering over 100 countries and regions[45]. - The company plans to strengthen its core competitiveness in optical transmission products, focusing on long-distance transmission technology and reducing product costs[85]. - The company will continue to expand its international market presence, focusing on value customers and enhancing its global sales financing system[85]. - The company is actively pursuing international market opportunities by leveraging its industry chain advantages and optimizing product structures[88]. - The company is focused on developing differentiated products to meet the diverse needs of overseas customers, enhancing its competitive edge in global markets[88]. Environmental and Social Responsibility - The company invested 2.31 million RMB in environmental protection during the reporting period[150]. - The company has successfully implemented measures to manage and monitor environmental impacts, achieving pollutant emissions below national standards[160]. - Total investment in social responsibility projects amounted to 14.435 million RMB, including 2.36 million RMB for public donations and scholarships, and 12.075 million RMB for laboratory equipment donations[168]. - The company has established a joint defense and mutual assistance agreement with surrounding chemical enterprises to enhance safety and environmental protection measures[162]. - The company has not experienced any major environmental incidents or pollution accidents during the reporting period, adhering strictly to environmental management regulations[165]. Shareholder Relations - The company plans to implement a three-year shareholder dividend return plan from 2022 to 2024, reflecting its commitment to shareholder value[94]. - The company has maintained a consistent cash dividend policy since its listing in 2001, with cumulative dividends totaling approximately 3.3 billion RMB (excluding 2022) to ensure stable returns to shareholders[137]. - The company held 3 shareholder meetings in 2022, ensuring equal voting rights for all shareholders, particularly minority shareholders[98]. - The company has a cash dividend policy in place, with a total cash dividend amount of approximately 130.52 million RMB, representing 32.16% of the net profit attributable to ordinary shareholders in the consolidated financial statements[140]. Financial Transactions and Relationships - The company signed a financial service agreement with a subsidiary of China Information and Communication Technology Group, allowing a maximum daily borrowing balance of RMB 500 million and a maximum daily deposit balance of RMB 1 billion[183]. - The company provided services worth RMB 937.19 million to its controlling shareholder, representing 0.0303% of similar transactions[186]. - The company’s total expected daily related transactions for 2022 were projected to be between RMB 1 billion and RMB 5 billion[183]. - The company emphasized that related transactions are crucial for resource allocation and cost reduction, ensuring no impact on its independence[183].

2022 年第三季度报告 单位：元 币种：人民币 证券代码：600498 证券简称：烽火通信 烽火通信科技股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | |-------------------------------------------|-------------------------|-----------------------------------------|--------------------------|------------------- ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥14,004,146,999.83, representing a 16.62% increase compared to ¥12,008,629,244.14 in the same period last year[11]. - The net profit attributable to shareholders for the first half of 2022 was ¥175,986,919.48, up 17.17% from ¥150,203,190.44 in the previous year[11]. - Basic earnings per share for the first half of 2022 were ¥0.15, a 15.38% increase from ¥0.13 in the same period last year[12]. - The diluted earnings per share for the first half of 2022 were also ¥0.15, up 15.38% from ¥0.13 in the previous year[12]. - The company reported a net profit after deducting non-recurring gains and losses of ¥162,857,038.68, which is a 16.40% increase from ¥139,913,585.70 in the previous year[11]. - The company’s total profit for the first half of 2022 was CNY 208.61 million, compared to CNY 167.76 million in the previous year, marking a growth of 24.36%[79]. - The company reported a total comprehensive income of CNY 230.88 million, compared to CNY 166.07 million in the same period last year, representing a growth of 38.93%[79]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥4,106,609,996.00, a decrease of 14.80% compared to -¥3,577,341,897.33 in the same period last year[11]. - The company's cash and cash equivalents decreased from 4,722,328,889.25 CNY to 3,885,619,986.70 CNY, a decline of approximately 17.8%[69]. - The cash inflow from sales of goods and services for the first half of 2022 was CNY 13.52 billion, an increase of 12.9% compared to CNY 11.98 billion in the same period of 2021[82]. - The cash inflow from investment activities was CNY 165.01 million, up from CNY 80.00 million in the same period of 2021, indicating a significant increase in investment returns[84]. - The total cash outflow from operating activities was CNY 18.63 billion, compared to CNY 16.28 billion in the first half of 2021, reflecting increased operational costs[84]. Assets and Liabilities - The total assets at the end of the reporting period were ¥40,065,842,779.82, an increase of 11.67% from ¥35,880,321,254.49 at the end of the previous year[11]. - Total liabilities reached CNY 26,790,088,633.67, compared to CNY 23,288,227,117.57, marking a growth of around 6.4%[71]. - The company's total equity attributable to shareholders rose to CNY 11,839,610,122.25 from CNY 11,733,486,178.61, an increase of approximately 0.9%[71]. - The total current assets increased from 25,907,365,210.30 CNY to 29,970,288,133.50 CNY, reflecting a growth of approximately 15.8%[69]. - The total amount of other current assets is CNY 629,160,259.45, up from CNY 543,316,389.58 at the beginning of the period[197]. Research and Development - R&D expenses increased by 23.50% to ¥1,720,978,436.34, reflecting the company's commitment to advancing key core technologies[23]. - The company plans to enhance R&D investment and improve its business model to meet diverse customer needs amid potential industry policy risks[29]. - Research and development expenses increased to CNY 679.96 million, up from CNY 658.84 million, indicating a focus on innovation and product development[79]. Market and Industry Position - The company has maintained a leading position in the optical fiber and cable industry, ensuring competitiveness in WDM/OTN products[20]. - In the first half of 2022, the telecommunications industry saw a steady growth in revenue, with emerging businesses contributing to an increase from 12.8% in 2020 to 19.9% in 2022[15]. - The company aims to enhance operational quality by focusing on the domestic operator market and international market growth, particularly in strategic customer management[20]. Environmental and Sustainability Efforts - The company is committed to sustainable development and building a digital industry ecosystem to enhance production efficiency[16]. - The company is deploying solar power systems at 2,700 sites across Indonesia, saving an average of 2,025 kWh of grid electricity per hour and reducing greenhouse gas emissions by approximately 1,822 kg per hour compared to coal power[48]. - The company actively participates in environmental monitoring and has reported that pollutant emissions are below national standards[44]. Corporate Governance and Management - The company appointed Zeng Jun as the new Chairman and hired Lan Hai as the new President following the resignation of Lu Guoqing and Zeng Jun from their previous roles[36]. - The company has not faced any significant environmental incidents or administrative penalties during the reporting period[45]. - The company has no major litigation or arbitration matters during the reporting period, indicating a stable legal standing[50]. Related Party Transactions - The company reported actual transactions with related parties, including sales of goods amounting to 17.90 million and service provision of 9.78 million, reflecting a small percentage of total transactions[53]. - The company is involved in significant related party transactions, with procurement from Wuhan Guangxun Technology Co., Ltd. amounting to 13,041.17 million, representing 1.1803% of similar transaction amounts[53]. Taxation and Compliance - The effective tax rate for the company and its subsidiaries is primarily 15%, with some subsidiaries benefiting from a reduced rate of 12.5%[170]. - The company applies a 13% VAT rate on sales of products and raw materials, with certain subsidiaries eligible for VAT refunds exceeding 3%[172]. - The company’s tax obligations include various rates for different taxes, such as a 25% corporate income tax rate for most entities[169].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 4,538,718,869.12, representing a year-on-year increase of 12.64%[2] - The net profit attributable to shareholders for Q1 2022 was CNY 33,121,985.50, reflecting a growth of 10.04% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 28,997,771.97, an increase of 15.36% year-on-year[2] - Basic earnings per share for Q1 2022 were CNY 0.03, up by 8.08% year-on-year[2] - Total operating revenue for Q1 2022 reached ¥4,538,718,869.12, an increase of 12.6% compared to ¥4,029,565,688.19 in Q1 2021[14] - Net profit for Q1 2022 was ¥33,956,683.41, representing a 10.4% increase from ¥30,635,764.02 in Q1 2021[15] - Total comprehensive income for Q1 2022 was ¥37,126,623.95, compared to ¥40,977,758.87 in Q1 2021, showing a decrease of 9.0%[16] - The net profit for Q1 2022 was ¥64.46 million, a decrease of 55.2% from ¥143.74 million in Q1 2021[23] - The total comprehensive income for Q1 2022 was ¥64.46 million, down from ¥143.74 million in Q1 2021[23] Cash Flow - The net cash flow from operating activities was CNY -2,506,922,054.26, showing a decrease of 16.15% compared to the previous year[2] - Cash inflow from operating activities in Q1 2022 totaled ¥6,417,621,202.92, compared to ¥4,941,877,377.84 in Q1 2021, indicating a growth of 29.9%[17] - The net cash flow from operating activities was -2,506,922,054.26 RMB, compared to -2,158,258,058.19 RMB in the previous year, indicating a decline of approximately 16.2%[18] - The company’s cash flow from operating activities showed a net outflow of approximately ¥1.08 billion in Q1 2022, an improvement from a net outflow of ¥1.57 billion in Q1 2021[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 35,838,849,435.90, a slight decrease of 0.12% from the end of the previous year[3] - The company's current assets totaled CNY 25,706,193,936.67, down from CNY 25,907,365,210.30 in the previous period, indicating a decrease of approximately 0.78%[11] - Total liabilities stood at CNY 23,209,625,494.11, slightly down from CNY 23,288,227,117.57, indicating a decrease of approximately 0.34%[13] - The total liabilities amounted to 21,285,687,375.97 RMB, slightly increasing from 21,265,339,022.64 RMB, which is a rise of approximately 0.1%[20] Shareholder Equity - Shareholders' equity attributable to the parent company was CNY 11,769,572,297.11, an increase of 0.31% compared to the previous year[3] - The company's equity attributable to shareholders was CNY 11,769,572,297.11, a decrease from CNY 11,733,486,178.61, reflecting a decline of about 0.31%[13] - The company reported a total equity of 9,258,526,992.04 RMB, up from 9,194,063,146.55 RMB, representing an increase of approximately 0.7%[21] Research and Development - Research and development expenses increased by 16.87%, indicating a rise in investment in R&D activities[5] - R&D expenses in Q1 2022 amounted to ¥649,134,544.04, which is a 16.8% increase from ¥555,435,281.69 in Q1 2021[15] - Research and development expenses for Q1 2022 were ¥284 million, slightly down from ¥285 million in Q1 2021[22] Borrowings - Short-term borrowings increased by 501.33%, with a balance of CNY 1,735,000,000 at the end of the quarter, up CNY 1,446,000,000 from the beginning of the year[5] - The company’s long-term borrowings increased to CNY 2,650,800,000.00 from CNY 2,455,800,000.00, reflecting an increase of about 7.9%[12][13] - The company’s short-term borrowings rose significantly to 1,449,347,500.00 RMB from 151,009,830.63 RMB, indicating a substantial increase[20] Other Financial Metrics - Total operating costs for Q1 2022 were ¥4,604,536,721.24, up from ¥4,079,858,060.35 in Q1 2021, reflecting a year-over-year increase of 12.8%[14] - Cash paid for goods and services in Q1 2022 was ¥7,402,960,761.04, an increase from ¥5,770,097,455.96 in Q1 2021[17] - Tax expenses for Q1 2022 were ¥19,596,526.42, up from ¥12,136,931.98 in Q1 2021, reflecting an increase of 61.5%[15] - The company incurred sales expenses of approximately ¥398 million in Q1 2022, a significant increase from ¥223 million in Q1 2021[22] - Financial expenses surged to approximately ¥70.91 million in Q1 2022, compared to ¥5.16 million in Q1 2021, primarily due to increased interest expenses[22]