上海凤凰企业（集团）股份有限公司 第十届监事会第八次会议决议公告 证券代码：600679 900916 股票简称：上海凤凰 凤凰 B 股 编号：2023-043 本公司监事会及全体监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任。 上海凤凰企业（集团）股份有限公司（以下简称：公司）监事会于 2023 年 8 月 16 日以书面和传真形式发出召开第十届监事会第八次会议的通知，会议于 2023 年 8 月 25 日以通讯方式召开。本次会议应出席监事 3 名，实际出席监事 3 名。本次会议的召集、召开及表决程序符合《公司法》《公司章程》的规定，是 合法有效的。会议审议并表决通过了以下决议： 一、上海凤凰 2023 年半年度报告及报告摘要 表决结果：同意 3 票，反对 0 票，弃权 0 票。 内容详见上海证券交易所网站（www.sse.com.cn) 。 特此公告。 上海凤凰企业（集团）股份有限公司监事会 2023 年 8 月 26 日 ...

上海凤凰企业(集团)股份有限公司 重要前期差错更正情况的鉴证报告 上会师报字(2023)第 11145 号 上会会计师事务所（特殊普通合伙） 中国 上海 会会计师 李务所（特殊普通合伙） Shanghai Certified Public Accountants (Special Seneral Partnership) 关于上海凤凰企业(集团)股份有限公司 重要前期差错更正情况的鉴证报告 上会师报字(2023)第 11145 号 我们接受委托,对后附的上海凤凰企业(集团)股份有限公司(以下简称"上海凤凰,") 管理层编制的前期会计差错更正专项说明(以下简称"专项说明")执行了合理保证的 鉴证业务。 一、管理层责任 根据《企业会计准则第 28 号——会计政策、会计估计变更和差错更正》及《公 开发行证券的公司信息披露编报规则第 19 号 年修订》等的相关规定编制专项说明，并保证专项说明的内容真实、准确、完整, 不存在虚假记载、误导性陈述或重大遗漏是上海凤凰管理层的责任。 二、注册会计师的责任 我们的责任是在执行鉴证工作的基础上对专项说明发表鉴证结论。我们按照《中 国注册会计师其他鉴证业务准则第 3101 号―― ...

Financial Performance - Shanghai Phoenix reported a net profit attributable to shareholders of 12,267,270.98 yuan for 2018, a decrease of 84.03% compared to 76,824,140.01 yuan in 2017[5]. - The company's operating revenue for 2018 was 761,521,415.91 yuan, down 46.68% from 1,428,081,358.55 yuan in 2017[23]. - The net cash flow from operating activities was -25,751,928.49 yuan, a decline of 164.13% compared to 40,153,104.85 yuan in 2017[23]. - Basic earnings per share decreased to 0.030 yuan in 2018, down 84.29% from 0.191 yuan in 2017[24]. - The total assets of the company at the end of 2018 were 1,760,400,517.49 yuan, a decrease of 7.31% from 1,899,202,158.03 yuan at the end of 2017[23]. - The company's net assets attributable to shareholders were 1,330,839,098.94 yuan at the end of 2018, a slight decrease of 0.56% from 1,338,377,473.85 yuan in 2017[23]. - The weighted average return on net assets was 0.912% in 2018, down 4.99 percentage points from 5.903% in 2017[24]. - The company reported a total of RMB 20.88 million in non-recurring gains in 2018, with significant contributions from government subsidies and other non-operating income[28]. - The company achieved operating revenue of CNY 761.52 million, a decrease of 46.68% year-on-year[40]. - Operating costs amounted to CNY 622.01 million, down 48.93% compared to the previous year[40]. - The net profit attributable to the parent company was CNY 12.27 million, reflecting a significant decline of 84.03% year-on-year[41]. Market and Industry Context - The bicycle industry in China faced challenges, with total production declining by 17.1% to 73.2 million units in 2018, while electric bicycle production increased by 5.8% to 32.8 million units[33]. - The company experienced a 14.9% decline in revenue for large-scale bicycle enterprises, totaling RMB 43.81 billion, and a 24.4% drop in profit to RMB 1.12 billion in the first eleven months of 2018[33]. - The company faced external challenges, including tariffs imposed by the US and EU on Chinese bicycles and components, impacting export opportunities[34]. - The company emphasized its brand advantage, with the "Phoenix" brand recognized as a famous trademark in China, contributing significantly to its competitive edge[35]. - The company plans to enhance brand awareness through various promotional activities, including sponsorships and participation in exhibitions, to strengthen the Phoenix brand as a key intangible asset[67]. - The company aims to upgrade its product structure by increasing investment in R&D, focusing on health and leisure-oriented bicycles, and expanding into new product categories such as children's bikes and electric vehicles[67]. - The company will improve its marketing channels by transitioning from traditional sales methods to a focus on high-end mountain bikes and online sales, aligning with the "Belt and Road" initiative for international market expansion[68]. - The company faces significant market risks due to intense competition in the bicycle industry, exacerbated by economic pressures and the impact of shared bicycle services on traditional sales[69]. Research and Development - The company has invested in R&D, enhancing its capabilities in new product development and technology application, which is expected to improve its market position[35]. - R&D expenses increased by 44.95% to CNY 6.51 million, indicating a focus on product innovation[50]. - Research and development expenses were reported at ¥4,491,258.58, highlighting the company's commitment to innovation[83]. - The company reported a significant increase in research and development expenses to CNY 6,510,109.64 from CNY 4,491,258.58, an increase of 45.0%[169]. Cash Flow and Investments - The net cash flow from investing activities dropped to -111,472,325.42, representing a decrease of 307.97% from 53,598,981.02 in the same period last year[52]. - The net cash flow from financing activities was -38,950,118.53, down 41.84% from -66,965,643.68 year-over-year[52]. - The company has invested CNY 11.4 million to establish a joint venture with Tianjin Fujida Group and Jiangsu Meile Investment, holding a 30% stake[56]. - A total of CNY 7 million was invested to set up Jiangsu Fengzhuo Metal Products Co., with the company holding a 70% stake[56]. - The company has invested 63.29 million RMB in bank wealth management products, with an outstanding balance of 4.68 million RMB[98]. - The expected annualized return on bank wealth management products ranges from 3% to 3.12%[99]. - The company fully recovered 32.11 million RMB from a bank wealth management product managed by Pudong Development Bank[99]. Governance and Compliance - The report includes a standard unqualified audit opinion from the accounting firm[4]. - The company has retained the auditing firm for five years, with an audit fee of ¥954,000.00 for the current year[85]. - The company strictly adheres to the requirements of the Company Law and Securities Law, enhancing information disclosure and internal control systems to improve governance and transparency[139]. - The board of directors and supervisory board operate independently, ensuring no interference from controlling shareholders in major decisions[140]. - The audit committee held 3 meetings during the reporting period, monitoring financial reporting and external audit processes[145]. - The internal control self-assessment report has been disclosed, indicating no significant deficiencies in internal control during the reporting period[148]. - The company has established performance evaluation standards and incentive mechanisms for senior management based on the implementation of annual objectives[152]. Legal and Regulatory Matters - The company is involved in significant litigation, including a claim for ¥68,151,082.53 related to overdue payments from a business partner[87]. - The company is facing a total claim amount of ¥56,780,000.00 in a lawsuit involving its subsidiary related to loan agreements[87]. - The company has initiated legal proceedings against OFO for overdue receivables, with a civil judgment obtained in December 2018[154]. Employee and Management Information - The total number of employees in the parent company and major subsidiaries was 661, with 349 in production, 56 in sales, 58 in technology, 26 in finance, and 172 in administration[134]. - The company actively seeks to establish a fair, transparent, and reasonable performance evaluation and incentive mechanism for directors and senior management[135]. - The company plans to enhance employee training by collaborating with various professional institutions to improve management and professional skills[136]. - Mr. Ding Shansheng retired due to age, and Ms. Yu Li was elected as the employee representative supervisor[133]. Shareholder Information - The total number of ordinary shareholders increased from 44,867 to 45,059 during the reporting period[109]. - The largest shareholder, Shanghai Jinshan District State-owned Assets Supervision and Administration Commission, holds 117,354,739 shares, representing 29.18% of the total shares[111]. - Jiangsu Meile Investment Co., Ltd. had a reduction of 4,619,980 shares, holding a total of 39,339,505 shares, which is 9.78% of the total[111]. - The company did not report any changes in the total number of ordinary shares or share capital structure during the reporting period[106]. Asset and Liability Management - The company’s total assets were CNY 1.76 billion, with total liabilities of CNY 360.68 million as of December 31, 2018[41]. - The company’s total liabilities decreased by 12.16% to 123,275,505.26, primarily due to reduced accounts payable[54]. - The company’s deferred tax assets increased by 216.72% to 22,941,995.82, indicating a rise in recognized deferred tax assets[54]. - The company reported accounts receivable and notes receivable combined at ¥227,742,402.67, with accounts receivable previously at ¥221,807,943.67 and notes receivable at ¥5,934,459.00[83]. - The total accounts payable and notes payable combined reached ¥180,664,783.90, with accounts payable at ¥165,164,783.90 and notes payable at ¥15,500,000.00[83].

Financial Performance - The company's operating revenue for Q1 2023 was ¥351,574,080.01, representing a decrease of 15.06% compared to the same period last year[3] - The net profit attributable to shareholders was ¥15,151,349.24, down 37.90% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,517,396.02, a decrease of 29.53% compared to the previous year[3] - Net profit for Q1 2023 was CNY 14,658,896.56, a decline of 37.24% from CNY 23,325,184.72 in Q1 2022[12] - The company’s gross profit margin for Q1 2023 was approximately 2.2%, down from 5.8% in Q1 2022[12] - The company reported a basic and diluted earnings per share of 0.0294 RMB for Q1 2023, down from 0.0473 RMB in Q1 2022, reflecting a decline of about 38%[14] Cash Flow - The net cash flow from operating activities was -¥44,007,386.22, indicating a significant cash outflow[3] - In Q1 2023, the company reported a net cash flow from operating activities of -44,007,386.22 RMB, compared to -17,418,703.22 RMB in Q1 2022, indicating a decline in operational cash flow[15] - Total cash inflow from operating activities was 351,470,542.43 RMB, down from 577,934,126.42 RMB in the same period last year, reflecting a decrease of approximately 39%[15] - The company experienced a significant drop in cash received from sales of goods and services, totaling 234,493,037.04 RMB, compared to 430,004,874.41 RMB in Q1 2022, a decline of about 45%[15] - Total cash outflow from operating activities was 395,477,928.65 RMB, compared to 595,352,829.64 RMB in the previous year, indicating a reduction of approximately 34%[15] - The total cash flow for the period showed a net decrease of 189,449,101.40 RMB, compared to a decrease of 209,031,635.65 RMB in Q1 2022, indicating a slight improvement in cash management[15] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,969,001,063.12, a decrease of 1.60% from the end of the previous year[3] - The company's total assets as of March 31, 2023, were CNY 2,969,001,063.12, slightly down from CNY 3,017,146,038.25 at the end of 2022[10] - Total liabilities decreased to CNY 826,909,661.09 in Q1 2023 from CNY 891,041,034.34 at the end of 2022, representing a reduction of 7.2%[10] - The company reported a decrease in accounts receivable to CNY 382,462,233.12, up 36.1% from CNY 281,099,286.67 at the end of 2022[10] Cash and Equivalents - Cash and cash equivalents decreased by 28.91%, primarily due to payments made for land conversion fees[5] - Cash and cash equivalents were CNY 478,688,055.14 as of March 31, 2023, down 29.0% from CNY 673,381,838.67 at the end of 2022[10] - Cash and cash equivalents at the end of Q1 2023 stood at 443,453,223.71 RMB, down from 560,622,613.95 RMB at the end of Q1 2022, a decrease of approximately 21%[15] Borrowings and Financing - The company's short-term borrowings increased by 46.74%, reflecting a rise in bank loans during the period[5] - The company’s financing activities generated a net cash flow of 13,923,067.97 RMB, a significant improvement from -52,042,737.30 RMB in the same quarter last year[15] Government Support - The company received government subsidies amounting to ¥618,352.52 during the reporting period[5] Research and Development - Research and development expenses for Q1 2023 were CNY 3,382,745.09, a slight decrease from CNY 3,490,417.99 in Q1 2022[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,715[7]

证券代码：600679 900916 股票简称：上海凤凰 凤凰 B 股 编号：2023-031 上海凤凰企业（集团）股份有限公司 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。 重要内容提示： 会议召开时间：2023 年 6 月 12 日(星期一)下午 16:00-17:00 会议召开地点：上海证券交易所上证路演中心（http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 6 月 5 日(星期一)至 6 月 9 日(星期五)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 master@phoenix.com.cn 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。 上海凤凰企业（集团）股份有限公司（以下简称"公司"）已于 2023 年 4 月 27 日发布公司 2022 年年度报告，为便于广大投资者更全面深入地了解公司 2 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥351,574,080.01, representing a decrease of 15.06% compared to the same period last year[3] - The net profit attributable to shareholders was ¥15,151,349.24, down 37.90% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,517,396.02, a decrease of 29.53% compared to the previous year[3] - The basic earnings per share for the period was ¥0.0294, reflecting a decline of 37.90% year-on-year[3] - Net profit for Q1 2023 was ¥14,658,896.56, a decline of 37.24% from ¥23,325,184.72 in Q1 2022[12] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,972,816,163.12, a decrease of 1.59% from the end of the previous year[3] - Total assets as of March 31, 2023, were ¥2,972,816,163.12, down from ¥3,020,961,138.25 at the end of 2022[10] - Total liabilities decreased to ¥826,909,661.09 from ¥891,041,034.34, a reduction of 7.19%[10] - The company reported a decrease in inventory to ¥232,932,982.39 from ¥291,086,069.78, a decline of 20.00%[10] Cash Flow - The net cash flow from operating activities was negative at -¥44,007,386.22, indicating a significant cash outflow[3] - In Q1 2023, the company reported a net cash flow from operating activities of -44,007,386.22 RMB, compared to -17,418,703.22 RMB in Q1 2022, indicating a decline in operational cash flow[15] - Total cash inflow from operating activities was 351,470,542.43 RMB, down 39.1% from 577,934,126.42 RMB in the same period last year[15] - The company experienced a significant decrease in cash received from sales, totaling 234,493,037.04 RMB, a drop of 45.5% compared to 430,004,874.41 RMB in Q1 2022[15] - The net cash flow from investing activities was -157,173,517.88 RMB, worsening from -139,616,004.30 RMB year-over-year[15] - Cash and cash equivalents at the end of Q1 2023 stood at 443,453,223.71 RMB, down from 560,622,613.95 RMB at the end of Q1 2022[15] - The net increase in cash and cash equivalents was -189,449,101.40 RMB, compared to -209,031,635.65 RMB in Q1 2022[15] Equity and Shareholder Information - The equity attributable to shareholders increased to ¥2,132,162,225.27, up 0.78% from the end of the previous year[3] - The company’s total equity increased to ¥2,145,906,502.03 from ¥2,129,920,103.91, reflecting a growth of 0.75%[10] - The number of ordinary shareholders at the end of the reporting period was 37,715[7] Borrowings and Financing Activities - The company reported a 46.74% increase in short-term borrowings, primarily due to increased bank loans during the period[4] - The company received 14,509,141.41 RMB from borrowings in Q1 2023, with total cash inflow from financing activities amounting to 14,509,141.41 RMB[15] Operating Costs and Expenses - Total operating costs for Q1 2023 were ¥342,015,608.00, down 12.31% from ¥390,084,092.47 in Q1 2022[12] - Research and development expenses for Q1 2023 were ¥3,382,745.09, slightly down from ¥3,490,417.99 in Q1 2022[12] Investment Income - The company reported an increase in investment income to ¥5,194,211.83 from ¥2,961,382.56 in Q1 2022[12] - The company’s total cash inflow from investment activities was 365,717,518.87 RMB, an increase from 308,841,038.74 RMB year-over-year[15] Government Subsidies - The company received government subsidies amounting to ¥618,352.52 during the period, contributing to non-recurring gains[5]

Financial Performance - The company's operating revenue for Q1 2022 was ¥413,919,659.58, a decrease of 23.40% compared to the same period last year[4] - Net profit attributable to shareholders was ¥24,396,846.10, an increase of 14.70% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥17,761,505.30, down by 9.75% compared to the previous year[4] - The basic earnings per share for the period was ¥0.0473, reflecting a growth of 3.50%[4] - Total operating revenue for Q1 2022 was CNY 413,919,659.58, a decrease of 23.4% compared to CNY 540,330,382.26 in Q1 2021[13] - Net profit for Q1 2022 was CNY 23,325,184.72, an increase of 18.3% from CNY 19,680,101.90 in Q1 2021[13] - Basic and diluted earnings per share for Q1 2022 were CNY 0.0473, compared to CNY 0.0457 in Q1 2021[14] Assets and Equity - Total assets at the end of the reporting period were ¥3,384,281,330.26, a decrease of 2.87% from the end of the previous year[4] - The equity attributable to shareholders increased to ¥2,490,177,196.49, up by 0.84% from the previous year[4] - Total assets as of March 31, 2022, were CNY 3,384,281,330.26, a decrease from CNY 3,484,440,619.25 as of December 31, 2021[10] - Total equity as of March 31, 2022, was CNY 2,505,927,271.43, compared to CNY 2,486,313,107.18 at the end of 2021[11] Cash Flow - The net cash flow from operating activities was negative at -¥17,418,703.22, indicating a significant cash outflow[4] - In Q1 2022, the company's cash inflow from operating activities was CNY 577,934,126.42, a decrease of 15.1% compared to CNY 680,558,560.99 in Q1 2021[15] - The net cash flow from operating activities was -CNY 17,418,703.22, an improvement from -CNY 40,141,968.50 in the same period last year[15] - Cash inflow from investment activities totaled CNY 308,841,038.74, up 19.1% from CNY 259,276,869.12 in Q1 2021[15] - The net cash flow from investment activities was -CNY 139,616,004.30, an improvement from -CNY 209,030,647.65 year-over-year[15] - Cash inflow from financing activities was CNY 12,943,976.00, significantly down from CNY 256,620,000.00 in Q1 2021[15] - The net cash flow from financing activities was -CNY 52,042,737.30, contrasting with a positive net flow of CNY 214,469,793.17 in the previous year[15] - The total cash outflow from operating activities was CNY 595,352,829.64, down 17.4% from CNY 720,700,529.49 in Q1 2021[15] Government Support and Investments - The company received government subsidies amounting to ¥6,635,340.80 during the period, which is a substantial increase compared to the previous year[6] - The company reported a 1194.68% increase in trading financial assets, primarily due to an increase in bank wealth management balances[6] - The company reported an investment income of CNY 2,961,382.56 for Q1 2022, compared to CNY 1,309,280.95 in Q1 2021[13] - The cash inflow from the recovery of investments was CNY 303,981,646.42, an increase of 18.7% compared to CNY 255,974,587.98 in Q1 2021[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 38,343[8]

Financial Performance - The company's operating revenue for Q1 2022 was CNY 413,919,659.58, a decrease of 23.40% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 24,396,846.10, an increase of 14.70% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 17,761,505.30, down by 9.75% compared to the previous year[4] - The basic earnings per share for the period was CNY 0.0473, reflecting a growth of 3.50%[4] - Total operating revenue for Q1 2022 was CNY 413,919,659.58, a decrease of 23.4% compared to CNY 540,330,382.26 in Q1 2021[13] - Net profit for Q1 2022 was CNY 23,325,184.72, an increase of 18.3% from CNY 19,680,101.90 in Q1 2021[13] - Basic and diluted earnings per share for Q1 2022 were CNY 0.0473, compared to CNY 0.0457 in Q1 2021[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,384,281,330.26, a decrease of 2.87% from the end of the previous year[4] - Total assets as of March 31, 2022, were CNY 3,384,281,330.26, a decrease from CNY 3,484,440,619.25 as of December 31, 2021[10] - Total liabilities as of March 31, 2022, were CNY 878,354,058.83, down from CNY 998,127,512.07 at the end of 2021[11] - Total equity as of March 31, 2022, was CNY 2,505,927,271.43, compared to CNY 2,486,313,107.18 at the end of 2021[11] Cash Flow - In Q1 2022, the company's cash inflow from operating activities was CNY 577,934,126.42, a decrease of 15.1% compared to CNY 680,558,560.99 in Q1 2021[15] - The net cash flow from operating activities was negative at CNY -17,418,703.22, improving from CNY -40,141,968.50 in the same period last year[15] - Cash inflow from investment activities totaled CNY 308,841,038.74, an increase of 19.1% from CNY 259,276,869.12 in Q1 2021[15] - The net cash flow from investment activities was CNY -139,616,004.30, an improvement from CNY -209,030,647.65 year-over-year[15] - Cash inflow from financing activities was CNY 12,943,976.00, a significant decrease of 95% compared to CNY 256,620,000.00 in Q1 2021[15] - The net cash flow from financing activities was CNY -52,042,737.30, contrasting with a positive CNY 214,469,793.17 in the previous year[15] - The total cash and cash equivalents at the end of Q1 2022 were CNY 560,622,613.95, down from CNY 769,654,249.60 at the beginning of the quarter[15] - The company reported a total cash outflow of CNY 209,031,635.65 for the quarter, compared to CNY 30,886,037.24 in Q1 2021[15] - The company received CNY 303,981,646.42 from the recovery of investments, which is an increase from CNY 255,974,587.98 in the previous year[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 3,834[8] Government Subsidies and Other Financial Changes - The company received government subsidies amounting to CNY 6,635,340.80 during the period, significantly increasing compared to the previous year[6] - The balance of trading financial assets increased by 1194.68%, primarily due to an increase in bank wealth management products[6] - Accounts receivable increased by 33.88%, mainly due to an increase in receivables from sales[6] Inventory and Borrowings - Cash and cash equivalents decreased to CNY 701,734,114.54 from CNY 897,662,344.64 at the end of 2021, a decline of 21.8%[10] - Inventory decreased to CNY 191,722,860.79 from CNY 295,934,334.07, a reduction of 35.2%[10] - Short-term borrowings decreased to CNY 48,548,370.07 from CNY 77,601,809.60, a decline of 37.5%[11] Accounting Standards - The company did not apply the new accounting standards for the current year[16]

Group 1: Company Overview - Shanghai Phoenix has established a multi-category product system in the bicycle industry, focusing on foreign sales, adult bicycles for domestic sales, and children's bicycles for domestic sales [1][2] - The company has a strong foundation in the bicycle industry, with significant investments in lithium battery-assisted bicycles and high-end bicycle products [2] Group 2: Product Development and R&D - The company is expanding its R&D team to 42 members, focusing on product development and market application for lithium battery products [2] - Shanghai Phoenix has launched multiple lithium battery products and is in the process of establishing a comprehensive product system [2] Group 3: Market Strategy - The company is actively transforming its marketing channels, expanding from traditional platforms like Tmall and JD to newer content marketing models on Douyin and Xiaohongshu [2] - In the export market, mountain bikes and sports bikes account for 60% of total exports, while domestic sales of these products make up 50% [2] Group 4: Cost Control and Competition - The company is closely monitoring raw material price increases and has adapted its procurement system to mitigate cost impacts [3] - Shanghai Phoenix is a leading player in the bicycle industry, competing primarily with brands like Giant and Yung Chi in high-end products, and with Goodbaby in the children's product segment [3]

Financial Performance - The company's operating revenue for Q3 2021 was ¥440,767,449.17, representing a year-on-year increase of 7.19%[3] - The net profit attributable to shareholders for Q3 2021 was ¥27,174,065.89, a significant increase of 164.68% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥23,899,206.85, up 229.55% year-on-year[3] - The basic earnings per share for Q3 2021 was ¥0.0527, an increase of 106.59% compared to the same period last year[3] - The diluted earnings per share for Q3 2021 was also ¥0.0527, marking a 106.59% increase year-on-year[3] - The weighted average return on equity for Q3 2021 was 1.3360%, an increase of 0.61 percentage points compared to the previous year[3] - The net profit attributable to shareholders for the year-to-date was ¥89,369,037.15, up 66.82% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2021 reached ¥1,618,016,277.10, a significant increase of 56.8% compared to ¥1,030,077,229.84 in the same period of 2020[11] - Net profit attributable to shareholders of the parent company was ¥89,369,037.15, up 66.9% from ¥53,573,094.80 in the first three quarters of 2020[12] - Total comprehensive income for the period was ¥86,324,559.02, compared to ¥80,130,701.50 in the same period of 2020[12] - The company reported a total profit of ¥110,020,906.58, down from ¥125,141,475.16 in the first three quarters of 2020[11] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,598,410,452.61, reflecting a 33.90% increase from the end of the previous year[3] - Total assets as of September 30, 2021, reached RMB 3,598,410,452.61, an increase from RMB 2,687,434,284.00 at the end of 2020[9] - Current assets totaled RMB 1,862,533,178.80, up from RMB 1,183,477,676.36 in the previous year, indicating a growth of approximately 57.5%[9] - Cash and cash equivalents amounted to RMB 1,015,299,713.86, compared to RMB 464,672,325.80 at the end of 2020, reflecting a significant increase of 118.8%[9] - Total liabilities increased to RMB 1,130,647,956.16 from RMB 755,273,767.11, representing a growth of approximately 49.7%[10] - Shareholders' equity rose to RMB 2,467,762,496.45, up from RMB 1,932,160,516.89, marking an increase of about 28%[10] - The company’s short-term borrowings increased to RMB 65,487,462.24 from RMB 30,546,630.33, indicating a rise of 114.3%[10] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥16,540,943.96, indicating a decrease due to increased bank acceptance bill guarantees for raw material purchases[4] - The company reported a net cash outflow from operating activities of ¥16,540,943.96, contrasting with a net inflow of ¥209,384.10 in the same period last year[14] - The company generated ¥1,807,822,187.40 in cash inflows from operating activities, compared to ¥1,232,934,963.91 in the first three quarters of 2020, marking a 46.5% increase[14] - Cash and cash equivalents at the end of the period totaled ¥741,680,453.06, an increase from ¥341,144,712.20 at the end of the previous year[15] - The company experienced a net cash outflow from investment activities of ¥227,093,075.44, compared to a net inflow of ¥166,755,184.87 in the same period last year[14] Shareholder Information - The company reported a total of 38,082 common shareholders at the end of the reporting period[6] - The top 10 shareholders collectively hold 59.63% of the total shares, with the largest shareholder owning 22.77%[6] Research and Development - Research and development expenses increased to ¥13,690,381.81, representing a growth of 276.5% compared to ¥3,632,276.71 in the previous year[11] - The company continues to focus on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[18] Goodwill and Inventory - The company has a total of RMB 740,178,072.06 in goodwill as of September 30, 2021, compared to RMB 713,654,696.82 at the end of 2020[9] - The company’s total inventory stood at RMB 234,072,359.75, slightly down from RMB 234,814,376.59 in the previous year[9]