Financial Performance - Revenue for 2022 reached 6,190,555,977.61 RMB, a 2.11% increase compared to 2021[21] - Net profit attributable to shareholders decreased by 16.25% to 77,366,841.28 RMB in 2022[22] - Operating cash flow worsened significantly, with a net outflow of 1,275,178,207.76 RMB, a 112.10% decline from 2021[22] - Total assets slightly decreased by 0.34% to 13,995,404,599.44 RMB at the end of 2022[22] - Shareholders' equity decreased by 5.82% to 3,535,317,491.24 RMB at the end of 2022[22] - Basic earnings per share decreased by 18.18% to 0.09 yuan per share in 2022 compared to 0.11 yuan per share in 2021[23] - Weighted average return on equity decreased by 0.46 percentage points to 2.04% in 2022[23] - Revenue for Q4 2022 was 3.13 billion yuan, significantly higher than the previous quarters (Q1: 983.24 million yuan, Q2: 870.46 million yuan, Q3: 1.20 billion yuan)[25] - Net profit attributable to shareholders in Q4 2022 was -183.08 million yuan, a sharp decline compared to Q1 (151.20 million yuan), Q2 (101.09 million yuan), and Q3 (8.16 million yuan)[25] - Non-recurring gains and losses in 2022 amounted to 351.33 million yuan, a decrease from 504.85 million yuan in 2021[27] - The company achieved a total operating revenue of 6,190.56 million yuan in 2022, a year-on-year increase of 2.11%[49] - Net profit for 2022 was 143.56 million yuan, a decrease of 5.75 million yuan compared to the previous year[49] - The company's operating cash flow was -1.275 billion yuan, a decrease of 112.10% compared to the previous year[50] - Investment cash flow was 159.32 million yuan, a decrease of 59.18% compared to the previous year[50] - Financing cash flow was 535.71 million yuan, an increase of 45.79% compared to the previous year[50] - The company's 2022 net profit was -107,210,865.53 yuan, with accumulated undistributed profits of -273,397,601.49 yuan[127] - The company's net profit attributable to shareholders after deducting non-recurring gains and losses in 2022 was RMB -273.97 million, a 33.58% improvement compared to 2021[187] - The company's debt-to-asset ratio decreased slightly from 69.18% in 2021 to 68.49% in 2022, mainly due to the reduction in the scope of consolidation[187] - The company's EBITDA to total debt ratio decreased by 11.11% from 0.09 in 2021 to 0.08 in 2022, primarily due to the recognition of financing funds as financial liabilities[187] - The company's interest coverage ratio decreased by 14.95% from 1.94 in 2021 to 1.65 in 2022, mainly due to a decline in total profit and an increase in interest expenses[187] - The company's cash interest coverage ratio decreased significantly by 72.95% from -2.78 in 2021 to -4.81 in 2022, primarily due to a decline in net cash flow from operating activities[188] - The company's EBITDA interest coverage ratio decreased by 20.99% from 2.62 in 2021 to 2.07 in 2022, mainly due to an increase in interest expenses caused by higher interest-bearing debt[188] - The company's loan repayment rate and interest payment rate remained at 100% in both 2021 and 2022, indicating no changes in debt servicing[188] Business Segments - The company's core business revenue (excluding non-core and non-commercial income) grew by 1.81% to 6,102,013,960.36 RMB[21] - Revenue from military and civilian emergency power supply businesses increased by 15.04 percentage points in 2022[33] - Revenue from military equipment products reached 2.122 billion yuan, slightly lower than the previous year[50] - Revenue from emergency power equipment industry grew by 31.61% year-on-year to 3.108 billion yuan[50] - Military equipment business revenue decreased by 2.88% YoY to 2,121,747,757.53 RMB, with a gross margin increase of 2.25 percentage points to 25.33%[52] - Emergency equipment business revenue increased by 31.61% YoY to 3,108,406,446.90 RMB, but gross margin decreased by 1.95 percentage points to 11.98%[52] - Smart power business revenue decreased by 39.74% YoY to 871,859,755.93 RMB, with a gross margin decrease of 2.08 percentage points to 8.08%[52] - Overseas business revenue grew by 20.24% YoY to 909,715,169.94 RMB, driven by emergency power product exports[53] - Production of military power equipment decreased by 16.64% YoY to 16,644 Kw, while sales decreased by 3.05% YoY to 17,777 Kw[54] - Production of smart emergency power products increased by 33.70% YoY to 361 Mw, with sales increasing by 31.73% YoY to 357 Mw[54] - Material costs for emergency equipment business increased by 34.09% YoY to 256,827.39 million RMB, accounting for 50.14% of total costs[55] - Top five customers accounted for 22.13% of total sales, with 137,015.31 million RMB in sales[57] - Top five suppliers accounted for 24.23% of total procurement, with 124,752.5 million RMB in procurement[57] - Revenue from emergency equipment products reached RMB 132,399,338.90, accounting for 2.17% of total revenue[149] - Revenue from military equipment products was RMB 713,870.80, contributing 0.01% to total revenue[149] - Revenue from other products reached RMB 1,545,953.52, representing 0.03% of total revenue[149] - Revenue from technical services provided by Taizhou Information Technology Co., Ltd. was RMB 37,735.85, contributing 0.04% to total revenue[149] - Revenue from emergency equipment products sold by Feierte Energy (Dongguan) Co., Ltd. reached RMB 12,962,116.91, accounting for 0.21% of total revenue[149] Strategic Initiatives and Investments - The company completed the sale of non-core assets, including Jiangxi Tellhow Power's equity, to focus on its core military equipment business[34] - The company has completed the first phase of military new material production line renovation and started production, with the second phase under construction to prepare for future market orders[35] - The company successfully won contracts for multi-source power supply systems, modular photovoltaic power generation devices, and portable solar storage charging power supplies, marking a breakthrough in the new energy market[35] - The company delivered a large satellite navigation contract and is advancing multiple models of anti-jamming navigation equipment, air traffic control equipment, and land-based navigation equipment[35] - The company completed the divestiture of its smart power distribution business by transferring 100% equity of Jiangxi Tellhow Smart Power Technology[56] - R&D investment totaled 565.07 million yuan, accounting for 9.13% of total revenue, with 41.12% of R&D expenses capitalized[58] - The company has 666 R&D personnel, representing 33.08% of the total workforce, with 56 holding master's degrees and 461 holding bachelor's degrees[59] - The company is focusing on the development of military equipment, aiming to upgrade traditional platforms to be more informationalized and intelligent, while also exploring algorithm and software businesses[92] - The company is actively exploring the new energy market in the emergency equipment industry, aiming to enhance product competitiveness and market share[93] - In 2023, the company plans to increase investment in military equipment industry resources, including the development of unmanned platforms, new materials, and military new energy sources[95] - The company is optimizing its industrial and asset structure by introducing strategic investors and effectively disposing of non-core assets to concentrate resources on the development of the military industry[96] - The company's wholly-owned subsidiaries, Taihao Military Industry and Shanghai Hongsheng, introduced strategic investors and employee持股 platforms, with a total增资 amount of up to 915 million yuan. The actual增资 amount signed was 614.85 million yuan, with 488.34 million yuan for Taihao Military Industry and 126.52 million yuan for Shanghai Hongsheng[163] Corporate Governance and Shareholder Information - The company's stock code is 600590 and is listed on the Shanghai Stock Exchange[18] - The company's registered and office address is located in the High-tech Development Zone, Nanchang, Jiangxi Province[16] - The company's website is http://www.tellhow.com and its email is stock@tellhow.com[16] - The company's financial report was audited by Da Xin Certified Public Accountants, who issued a standard unqualified opinion[4] - The company's board of directors and supervisors strictly adhere to the "Articles of Association" and relevant rules, ensuring effective governance and protection of shareholder rights[100] - The company maintains a high level of transparency and compliance with information disclosure regulations, ensuring equal access to information for all shareholders[100] - The company actively engages with investors through various channels, including hotlines, emails, and performance briefings, to address inquiries and protect the interests of minority investors[100] - The company's governance structure is fully compliant with relevant laws and regulations, with no significant differences from the requirements of the China Securities Regulatory Commission[101] - The company held its 2021 annual general meeting on May 20, 2022, approving 12 proposals including the 2021 Board Work Report and the 2021 Annual Report[102] - The company held its first interim shareholders' meeting on September 13, 2022, approving the revision of the Articles of Association[102] - The company held its second interim shareholders' meeting on September 30, 2022, approving the introduction of strategic investors and an employee持股 platform for its subsidiary[102] - The company's chairman, Yang Jian, holds 6,370,000 shares, with no changes during the reporting period, and received a pre-tax remuneration of 0.00 million yuan[105] - The company's president, Li Ziqiang, received a pre-tax remuneration of 57.90 million yuan during the reporting period[105] - The total pre-tax remuneration for all directors, supervisors, and senior management during the reporting period was 354.14 million yuan[105] - Li Ziqiang has served as the company's director and president since June 2021[107] - Wang Jun has been the company's director and vice president since July 2021[107] - Wang Jinyong has been an independent director of the company since July 2018[107] - Li Shigang has been an independent director of the company since July 2021[107] - Rao Caimin has been the vice president and CFO of Taimeng Group since December 2014 and the chairman of the company's supervisory board since May 2020[107] - Shi Sheng has been the company's supervisor since December 2020[107] - Huang Tiancheng has been the company's supervisor since July 2021[107] - Qian Hongsheng has been the company's vice president since July 2021[107] - Liu Ting has been the company's vice president since June 2021[107] - Zhu Yuhua has been the company's vice president and CFO since July 2018[107] - The total actual remuneration obtained by all directors, supervisors, and senior management at the end of the reporting period was 3.5414 million yuan[112] - The company transferred 100% equity of Jiangxi Taihao Intelligent Power Technology Co., Ltd. and 6.36% equity of Jiangxi Guoke Military Industry Group Co., Ltd. during the reporting period[113] - The company held multiple board meetings in 2022, including the 6th to 11th meetings of the 8th Board of Directors, to review and pass various proposals such as financial reports, profit distribution plans, and strategic investor introductions[114] - The company's total number of employees is 2,013, with 103 in the parent company and 1,910 in major subsidiaries[122] - The company's employee composition includes 687 production personnel, 281 sales personnel, 666 technical personnel, 95 financial personnel, and 284 administrative personnel[122] - The company's employee education level consists of 126 with a master's degree or above, 964 with a bachelor's degree, 476 with a college degree, 284 with a technical secondary school or technical school degree, and 163 with a high school degree or below[122] - The company's training plan includes a "Green Talent" program for new graduates, a "Red Talent" program for employees with over 10 years of service, and MBA/EMBA courses for middle and senior management[125] - The company's Audit Committee held 4 meetings in 2022, reviewing financial reports, internal control evaluations, and audit firm appointments[117] - The company's Strategic Committee held 1 meeting in 2022, reviewing the company's development strategy and 2022 business plan[120] - The company's Compensation and Assessment Committee held 1 meeting in 2022, reviewing the 2021 performance and compensation of directors and senior management, and confirming the 2022 compensation plan[119] - The company has established a comprehensive target, responsibility, and performance evaluation system for senior management, with approximately 50% of their compensation linked to individual annual performance indicators[129] - The company's largest shareholder, Tongfang Co., holds 167,315,574 shares, accounting for 19.62% of the total shares, while the second-largest shareholder, Tellhow Group, holds 128,569,272 shares, accounting for 15.07%[175] - The company has no controlling shareholder or actual controller, with Tongfang Co. and Tellhow Group each nominating one director to the board[175][176] - Strategic investor China Overseas Holdings Group's shares were fully unlocked by the end of the reporting period[173][174] - Tongfang Co. and Tellhow Group are the only two shareholders holding more than 10% of the company's shares, with no other significant changes in shareholding structure[178] Risk Management and Legal Matters - The company faces risks from changes in national defense policies and potential shortfalls in defense spending, which could impact its military equipment product revenue[97] - The company is addressing technological R&D risks by strengthening the identification of major project development and production regulations and implementing comprehensive risk control systems[97] - The company is mitigating market competition risks by leveraging its first-mover advantages in military vehicle communication command systems, power equipment, and shipborne combat auxiliary systems, and by exploring new business development models[97] - The company has won a lawsuit regarding Hu Jian's performance commitment and asset impairment compensation, with the case entering the enforcement stage[139] - Hu Jian, Yu Gongbu, and Cheng Hailin have compensated the company with a total of 5,877,458 shares and returned dividends of 1.2465 million yuan[139] - The company continues to urge Hu Jian and Yu Gongbu to fulfill their remaining compensation obligations[140] - The company has resolved issues related to competition and related-party transactions through commitments made by Taibao Group and other shareholders[140] - The company has implemented a five-phase stock release plan based on performance achievements, following a 12-month lock-up period[141] - The company has fulfilled its commitments regarding capital contributions and other obligations as per the 2016 asset purchase agreement[141] - The company has resolved competition issues with Tongfang Co., Ltd. through long-term commitments[141] - The company has addressed competition issues with Taibao Group through detailed equity change reports[141] - The company has resolved competition issues with Hezhen Partnership and Pan Hongsheng through commitments related to the acquisition of Shanghai Hongsheng System Engineering Co., Ltd.[141] - The company's acquisition of Shanghai Hongsheng System Engineering Co., Ltd. was completed on June 16, 2017, with a commitment period extending three years post-departure for key personnel[142] - Fuzhou Deta Power Equipment Co., Ltd. committed to cumulative non-GAAP net profits of RMB 20 million in 2019, RMB 25 million in 2020, and RMB 30 million in 2021, totaling RMB 75 million over three years[142] - The company reported no significant litigation or arbitration cases during the reporting period[146] - The company's integrity status was good, with no significant debts overdue or court judgments unfulfilled[146] Environmental and Social Responsibility - The company invested 3.618 million yuan in environmental protection during the reporting period[133] - The company reduced carbon dioxide emissions by 39 tons through measures such as using clean energy for power generation and developing new products that aid in carbon reduction[134] - The company's total social responsibility investment was 2.951 million yuan, including 2.855 million yuan in donations to various educational and poverty alleviation initiatives[136] - The company allocated 1.3 million yuan for poverty alleviation and rural revitalization projects, benefiting 260 people through employment and education support[136] Related-Party Transactions - The company engaged in significant related-party transactions, including RMB 16.33 million with Kangfu Technology Co., Ltd. for military equipment products, accounting for 0.32% of similar transactions[148] - The company's related-party transactions with Jinan Jimeile Power Technology Co., Ltd. amounted to RMB 11.31 million for military equipment products, representing 0.22% of similar transactions[148] - The company's related-party transactions with Taihao Shenyang Motor Co., Ltd. were minimal, totaling RMB 34,751.73 for emergency equipment products[148] - The company's related-party transactions with Jiangxi Ruiyue Environmental Art Engineering Co., Ltd. amounted to RMB 1.66 million for other products, accounting for 0.03% of similar transactions[148] - The company's related-party transactions with Jiangxi Taihao Air Conditioning & Electrical Appliance Co., Ltd. were RMB 894,275

[Important Notice](index=1&type=section&id=Important%20Notice) This section confirms the accuracy and completeness of the quarterly report and financial information by the board, supervisory board, senior management, and accounting personnel - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report content and assume legal responsibility[3](index=3&type=chunk) - The company's principal officer, head of accounting, and head of the accounting department guarantee the truthfulness, accuracy, and completeness of the financial information[4](index=4&type=chunk) - The first quarter financial statements are unaudited[5](index=5&type=chunk) [Key Financial Data](index=1&type=section&id=Key%20Financial%20Data) This section presents the company's primary financial performance and position indicators for the quarter, including revenue, net profit, cash flow, and asset changes [Key Accounting Data and Financial Indicators](index=1&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) Taihao Technology's Q1 2023 operating revenue increased by 3.36% to **1.016 billion yuan**, while net profit attributable to shareholders significantly decreased by 58.45% to **62.82 million yuan**; however, net profit excluding non-recurring items grew by 95.88% to **57.02 million yuan**, indicating improved core business profitability, with net cash flow from operating activities surging by 109.41% to **100.83 million yuan**. Total assets decreased by 5.37%, and owners' equity attributable to shareholders increased by 1.27% | Item | Current Period (Yuan) | % Change from Prior Year Period | | :--- | :--- | :--- | | Operating Revenue | 1,016,269,066.79 | 3.36 | | Net Profit Attributable to Shareholders of Listed Company | 62,821,778.40 | -58.45 | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-Recurring Gains and Losses | 57,022,399.09 | 95.88 | | Net Cash Flow from Operating Activities | 100,833,561.63 | 109.41 | | Basic Earnings Per Share (Yuan/Share) | 0.074 | -58.19 | | Diluted Earnings Per Share (Yuan/Share) | 0.074 | -58.19 | | Weighted Average Return on Net Assets (%) | 1.77 | Decrease of 2.18 percentage points | | Item | End of Current Period (Yuan) | End of Prior Year (Yuan) | % Change from End of Prior Year | | :--- | :--- | :--- | :--- | | Total Assets | 13,244,118,381.16 | 13,995,404,599.44 | -5.37 | | Owners' Equity Attributable to Shareholders of Listed Company | 3,580,041,406.12 | 3,535,317,491.24 | 1.27 | [Non-Recurring Gains and Losses Items and Amounts](index=2&type=section&id=Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) The company's total non-recurring gains and losses for the period amounted to **5.799 million yuan**, primarily driven by government subsidies of **8.091 million yuan** recognized in current profit or loss, offset by fair value changes in financial assets and other non-operating income/expenses, as well as income tax and minority interest impacts | Item | Amount for Current Period (Yuan) | | :--- | :--- | | Gains or Losses on Disposal of Non-Current Assets | 642,590.27 | | Government Subsidies Recognized in Current Profit or Loss | 8,091,259.36 | | Gains or Losses from Changes in Fair Value of Trading Financial Assets, Derivative Financial Assets, Trading Financial Liabilities, Derivative Financial Liabilities, and Investment Income from Disposal of Trading Financial Assets, Derivative Financial Assets, Trading Financial Liabilities, Derivative Financial Liabilities, and Other Debt Investments, excluding effective hedge accounting related to normal business operations | -679,993.55 | | Other Non-Operating Income and Expenses Apart from the Above | -471,294.87 | | Less: Income Tax Impact | 618,277.71 | | Minority Interest Impact (After Tax) | 1,164,904.19 | | Total | 5,799,379.31 | [Changes and Reasons for Key Accounting Data and Financial Indicators](index=3&type=section&id=Changes%20and%20Reasons%20for%20Key%20Accounting%20Data%20and%20Financial%20Indicators) Net profit attributable to shareholders decreased by 58.45% due to investment gains from the disposal of smart power distribution business in the prior year, while net profit excluding non-recurring items increased by 95.88% from core business growth and reduced credit impairment losses, with net cash flow from operating activities also rising by 109.41% due to faster collection of receivables | Item Name | % Change | Primary Reason | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | -58.45 | Investment income from disposal of smart power distribution business in the prior year period | | Net Profit Attributable to Shareholders of Listed Company Excluding Non-Recurring Gains and Losses | 95.88 | After excluding investment income from smart power distribution business, operating profit growth from increased main business revenue, and reduced credit impairment losses due to faster collection of receivables | | Net Cash Flow from Operating Activities | 109.41 | Faster collection of receivables | | Basic Earnings Per Share (Yuan/Share) | -58.19 | Same as the reason for change in "Net Profit Attributable to Shareholders of Listed Company" | | Diluted Earnings Per Share (Yuan/Share) | -58.19 | Same as above | | Long-Term Prepaid Expenses | 63.56 | Increased renovation expenses for Tianjin 764 new factory building in current period | | Contract Liabilities | 31.30 | Growth in main business orders, increased contract prepayments | | Employee Benefits Payable | -45.63 | Payment of salaries | | Taxes Payable | -60.58 | Payment of taxes due | | Non-Current Liabilities Due Within One Year | 36.70 | Transfer of long-term borrowings due within one year | | Long-Term Borrowings | -38.82 | Transfer out of long-term borrowings due within one year | | Other Income | 43.93 | Increased government subsidies related to daily operations | | Investment Income | -108.36 | Investment income from disposal of smart power distribution business in the prior year period | | Non-Operating Income | -55.54 | Decreased other government subsidies received | | Net Cash Flow from Investing Activities | 34.37 | Received proceeds from disposal of Taihao Software equity in current period | | Net Cash Flow from Financing Activities | -312.56 | Paid discounted matured bills in current period | [Shareholder Information](index=4&type=section&id=Shareholder%20Information) This section details the total number of shareholders and the holdings of the top ten shareholders, highlighting significant ownership structures and any pledged or frozen shares [Total Number of Common Shareholders, Preferred Shareholders with Restored Voting Rights, and Top Ten Shareholders' Holdings](index=4&type=section&id=Total%20Number%20of%20Common%20Shareholders%2C%20Preferred%20Shareholders%20with%20Restored%20Voting%20Rights%2C%20and%20Top%20Ten%20Shareholders%27%20Holdings) As of the end of the reporting period, Taihao Technology had **52,197 common shareholders**. Among the top ten, Tongfang Co., Ltd. and Taihao Group Co., Ltd. were the largest, holding **19.62%** and **15.07%** respectively, with Taihao Group having **127.5 million shares** pledged, and China Overseas Holdings Group Co., Ltd.'s entire **6.10%** stake frozen, while Shenzhen Hi-Tech Investment Group Co., Ltd. held restricted shares due to unfulfilled performance compensation - The total number of common shareholders at the end of the reporting period was **52,197**[13](index=13&type=chunk) | Shareholder Name | Shareholder Nature | Shareholding Ratio (%) | Number of Shares Held (Shares) | Number of Restricted Shares Held (Shares) | Share Status | Quantity (Shares) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Tongfang Co., Ltd. | State-owned Legal Person | 19.62 | 167,315,574 | 0 | - | 0 | | Taihao Group Co., Ltd. | Domestic Non-State-owned Legal Person | 15.07 | 128,569,272 | 0 | Pledged | 127,500,000 | | China Overseas Holdings Group Co., Ltd. | Domestic Non-State-owned Legal Person | 6.10 | 51,996,672 | 0 | Frozen | 51,996,672 | | Shenzhen Hi-Tech Investment Group Co., Ltd.* | State-owned Legal Person | 1.19 | 10,139,998 | 9,241,951 | - | 0 | | Yang Jian | Domestic Natural Person | 0.75 | 6,370,000 | 0 | - | 0 | | Zhang Tao | Domestic Natural Person | 0.36 | 3,092,208 | 0 | - | 0 | | Zhejiang Zhongying Capital Investment Partnership (Limited Partnership) | Domestic Non-State-owned Legal Person | 0.33 | 2,832,427 | 0 | - | 0 | | Huang Daifang | Domestic Natural Person | 0.31 | 2,625,699 | 0 | - | 0 | | HKSCC Nominees Limited | Domestic Non-State-owned Legal Person | 0.29 | 2,483,095 | 0 | - | 0 | | Luo Feijie | Domestic Natural Person | 0.27 | 2,300,000 | 0 | - | 0 | - Mr. Huang Daifang is the actual controller and chairman of Taihao Group[14](index=14&type=chunk) [Other Reminders](index=5&type=section&id=Other%20Reminders) This section confirms that there are no other significant operational matters requiring investor attention during the reporting period - The company has no other important information regarding the operating conditions of the reporting period that requires investor attention[15](index=15&type=chunk) [Quarterly Financial Statements](index=5&type=section&id=Quarterly%20Financial%20Statements) This section presents the unaudited consolidated financial statements for the first quarter, including the balance sheet, income statement, and cash flow statement [Type of Audit Opinion](index=5&type=section&id=Type%20of%20Audit%20Opinion) Taihao Technology's 2023 first-quarter financial statements are unaudited - The quarterly financial statements are unaudited[15](index=15&type=chunk) [Financial Statements](index=5&type=section&id=Financial%20Statements) This section details Taihao Technology Co., Ltd.'s consolidated balance sheet, consolidated income statement, and consolidated cash flow statement for the first quarter of 2023, comprehensively presenting the company's asset, liability, and owner's equity structure at the end of the reporting period, as well as its income, cost, profit composition, and cash inflows and outflows during the period [Consolidated Balance Sheet](index=5&type=section&id=Consolidated%20Balance%20Sheet) This table provides a snapshot of the company's financial position, detailing its assets, liabilities, and owner's equity at the end of the first quarter of 2023 compared to the end of 2022 | Item | March 31, 2023 (Yuan) | December 31, 2022 (Yuan) | % Change | | :--- | :--- | :--- | :--- | | **Assets** | | | | | Total Current Assets | 9,300,332,395.63 | 10,021,024,606.68 | -7.20 | | Total Non-Current Assets | 3,943,785,985.53 | 3,974,379,992.76 | -0.77 | | **Total Assets** | **13,244,118,381.16** | **13,995,404,599.44** | **-5.37** | | **Liabilities** | | | | | Total Current Liabilities | 7,298,617,362.50 | 7,694,522,642.55 | -5.14 | | Total Non-Current Liabilities | 1,466,544,907.57 | 1,891,601,205.38 | -22.47 | | **Total Liabilities** | **8,765,162,270.07** | **9,586,123,847.93** | **-8.56** | | **Owners' Equity** | | | | | Total Owners' Equity Attributable to Parent Company | 3,580,041,406.12 | 3,535,317,491.24 | 1.27 | | Minority Interests | 898,914,704.97 | 873,963,260.27 | 2.85 | | **Total Owners' Equity** | **4,478,956,111.09** | **4,409,280,751.51** | **1.58** | [Consolidated Income Statement](index=8&type=section&id=Consolidated%20Income%20Statement) This table presents the company's financial performance for the first quarter of 2023, outlining revenues, costs, and net profit compared to the same period in the prior year | Item | Q1 2023 (Yuan) | Q1 2022 (Yuan) | % Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,016,269,066.79 | 983,235,347.98 | 3.36 | | Total Operating Costs | 966,379,933.60 | 964,175,965.88 | 0.23 | | Operating Profit | 91,851,289.79 | 168,251,082.38 | -45.41 | | Total Profit | 92,384,124.08 | 170,172,297.73 | -45.71 | | Net Profit | 83,097,019.40 | 159,932,938.09 | -48.04 | | Net Profit Attributable to Parent Company Shareholders | 62,821,778.40 | 151,203,734.86 | -58.45 | | Minority Interest Income/Loss | 20,275,241.00 | 8,729,203.23 | 132.28 | | Basic Earnings Per Share (Yuan/Share) | 0.074 | 0.177 | -58.19 | | Diluted Earnings Per Share (Yuan/Share) | 0.074 | 0.177 | -58.19 | - Investment income for the current period was **-9.0871 million yuan**, compared to **108.65 million yuan** in the prior year period, a significant year-over-year decrease, which is the primary reason for the decline in net profit[22](index=22&type=chunk) [Consolidated Cash Flow Statement](index=10&type=section&id=Consolidated%20Cash%20Flow%20Statement) This table summarizes the cash inflows and outflows from operating, investing, and financing activities for the first quarter of 2023, indicating the company's liquidity and cash generation capabilities | Item | Q1 2023 (Yuan) | Q1 2022 (Yuan) | % Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 100,833,561.63 | 48,151,700.94 | 109.41 | | Net Cash Flow from Investing Activities | -10,116,673.66 | -15,414,514.87 | 34.37 | | Net Cash Flow from Financing Activities | -196,203,707.46 | -47,558,150.90 | -312.56 | | Net Increase in Cash and Cash Equivalents | -106,391,580.17 | -16,300,884.73 | -552.68 | | Cash and Cash Equivalents at End of Period | 1,022,765,091.73 | 1,691,522,715.65 | -39.54 | - Cash received from sales of goods and rendering of services increased by **28.09%** year-over-year to **1.335 billion yuan**[24](index=24&type=chunk) - Cash outflow from financing activities significantly increased, primarily due to the payment of discounted matured bills in the current period[11](index=11&type=chunk)[25](index=25&type=chunk) [Adjustments to Beginning-of-Year Financial Statements Due to First-Time Adoption of New Accounting Standards or Interpretations from 2023](index=12&type=section&id=Adjustments%20to%20Beginning-of-Year%20Financial%20Statements%20Due%20to%20First-Time%20Adoption%20of%20New%20Accounting%20Standards%20or%20Interpretations%20from%202023) Taihao Technology's first-quarter 2023 report does not include adjustments to the beginning-of-year financial statements resulting from the first-time adoption of new accounting standards or interpretations - The company has not adjusted its beginning-of-year financial statements due to the first-time adoption of new accounting standards or interpretations[26](index=26&type=chunk) [Announcement Conclusion](index=12&type=section&id=Announcement%20Conclusion) This section formally concludes the quarterly report, stating the issuing entity and date - The Board of Directors of Taihao Technology Co., Ltd. issued this announcement on April 29, 2023[26](index=26&type=chunk)

股票代码：600590 股票简称：泰豪科技 公告编号：临 2023-021 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法律责任。 泰豪科技股份有限公司（以下简称"公司"）于 2023 年 4 月 29 日在上海证 券交易所网站（http://www.sse.com.cn）上披露了《2022 年年度报告》。 为便于广大投资者进一步了解公司 2022 年年度经营情况，公司定于 2023 年 05 月 12 日（星期五）下午 15:00 至 17:00 时在"泰豪科技投资者关系"小程序 举行 2022 年度网上业绩说明会。本次网上业绩说明会将采用网络远程的方式举 行，投资者可登陆"泰豪科技投资者关系"小程序参与互动交流。为广泛听取投 资者的意见和建议，提前向投资者征集问题，提问通道自发出公告之日起开放。 参与方式一：在微信小程序中搜索"泰豪科技投资者关系"； 参与方式二：微信扫一扫以下二维码： 泰豪科技股份有限公司 投资者依据提示，授权登入"泰豪科技投资者关系"小程序，即可参与交流。 出席本次网上 ...

2022 年第三季度报告 证券代码：600590 证券简称：泰豪科技 泰豪科技股份有限公司 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。 公司负责人李自强、主管会计工作负责人朱宇华及会计机构负责人（会计主管人员）徐饶梁 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 | 项目 | 本报告期 | 本报告 期比上 年同期 | 年初至报告期末 | 年初至报 告期末比 上年同期 | | --- | --- | --- | --- | --- | | | | 增减变 动幅度 | | 增减变动 | | | | (%) | | 幅度(%) | | 营业收入 | 1,202,589,443.66 | 10.00 | 3,056,281,518.35 | -6.43 | | 归属于上市公司 股东的净利润 | 8,155 ...

2021 年年度报告 公司代码：600590 公司简称：泰豪科技 泰豪科技股份有限公司 2021 年年度报告 1 / 263 2021 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，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。 二、 公司全体董事出席董事会会议。 三、 大信会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人李自强主管会计工作负责人朱宇华及会计机构负责人（会计主管人员）吴君声 明：保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 经大信会计师事务所（特殊普通合伙）审计，2021年度母公司实现净利润为- 49,700,822.80元，2021年末母公司累计未分配利润为-166,186,735.96元。根据公 司未来发展规划及经营需要，结合《上市公司监管指引第3号——上市公司现金分红 （2022年修订）》、《公司章程》相关规定，2021年度公司不进行利润分配，不实 施资本公积金转增股本。 六、 前瞻性陈述的风险声明 ...

2022 年第一季度报告 证券代码：600590 证券简称：泰豪科技 泰豪科技股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、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。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期增 | | | --- | --- | --- | --- | | | | 减变动幅度(%) | | | 营业收入 | 983,235,347.98 | | 5.50 | | 归属于上市公司股东的净利润 | 151,203,734.86 | | -59.92 | | 归属于上市公司股东的扣除非经 | 29,110,414.69 | ...

2021 年第三季度报告 证券代码：600590 证券简称：泰豪科技 泰豪科技股份有限公司 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 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 | | 年初至报告 期末比上年 | | --- | --- | --- | --- | --- | | | | 期增减变 | 年初至报告期末 | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 1,093,237,852.03 | 13.62 | 3,266,250,974.72 | 20 ...

2021 年半年度报告 公司代码：600590 公司简称：泰豪科技 泰豪科技股份有限公司 2021 年半年度报告 2021 年半年度报告 1 / 168 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、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。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人李自强、主管会计工作负责人朱宇华及会计机构负责人（会计主管人员）吴君声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中若涉及未来计划等前瞻性陈述,不构成公司对投资者的实质承诺,请广大投资者注意 投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中详细描述可能存在的相关风险，敬请查阅第三节"五、其 ...

2020 年年度报告 公司代码：600590 公司简称：泰豪科技 泰豪科技股份有限公司 2020 年年度报告 1 / 235 2020 年年度报告 重要提示 三、 大信会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人李自强、主管会计工作负责人朱宇华及会计机构负责人（会计主管人员）熊美福 声明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 经大信会计师事务所（特殊普通合伙）审计，公司2020年度合并报表中归属于母公司所有者 的净利润-263,200,413.99元。2020年度母公司实现净利润为-123,565,102.68元，2020年末母公 司累计未分配利润为-116,485,913.16元。根据公司未来发展规划及经营需要，结合《上海证券 交易所上市公司现金分红指引》相关规定，2020年度公司拟不进行利润分配，不实施资本公积金 转增股本。本次利润分配方案尚需提交股东大会审议通过。 六、 前瞻性陈述的风险声明 √适用 □不适用 本年度报告中涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，请广大投资者 注意投 ...