Financial Performance - The company's operating revenue for Q1 2022 was RMB 3,946,460,529.34, representing a year-on-year increase of 13.65%[4] - The net profit attributable to shareholders of the listed company was RMB 193,759,782.12, an increase of 8.46% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 153,362,164.08, reflecting a growth of 10.26% year-on-year[4] - The basic earnings per share for the period was RMB 0.26, up by 8.33% from the previous year[4] - Total operating revenue for Q1 2022 was CNY 3,946,460,529.34, an increase of 13.7% compared to CNY 3,472,451,814.18 in Q1 2021[25] - Net profit for Q1 2022 reached CNY 207,211,515.86, a slight increase from CNY 205,683,541.45 in Q1 2021[26] - Total comprehensive income for Q1 2022 was CNY 206,334,038.07, slightly higher than CNY 204,038,259.24 in Q1 2021[26] Assets and Liabilities - The total assets at the end of the reporting period were RMB 12,424,274,416.76, which is a 6.77% increase from the end of the previous year[4] - Total current assets increased to ¥9,097,794,564.93, up from ¥8,438,377,516.52, representing a growth of approximately 7.8% year-over-year[19] - Total liabilities rose to ¥5,902,221,345.56 from ¥5,229,201,703.63, which is an increase of about 12.9%[22] - Total assets reached ¥12,424,274,416.76, up from ¥11,636,217,236.77, representing a growth of approximately 6.8%[22] - Shareholders' equity increased to ¥6,522,053,071.20 from ¥6,407,015,533.14, reflecting a growth of about 1.8%[22] Cash Flow - The company reported a net cash flow from operating activities of RMB 198,791,925.37, with the year-on-year change not applicable[4] - Cash flow from operating activities for Q1 2022 was CNY 198,791,925.37, a significant improvement from a negative cash flow of CNY 148,055,387.25 in Q1 2021[31] - The company achieved a total cash inflow from operating activities of CNY 3,092,286,240.84 in Q1 2022, up from CNY 2,665,703,871.54 in Q1 2021[31] - Net cash flow from investing activities was $242,074,953.17, a decrease from $292,209,930.95 in the previous period[32] - Net cash flow from financing activities was -$101,139,242.37, slightly improved from -$101,777,450.14 in the prior period[32] - Cash and cash equivalents at the end of the period reached $920,960,462.67, up from $792,802,887.51[32] - The net increase in cash and cash equivalents was $337,526,404.13, significantly higher than $40,061,129.01 in the previous period[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,322[8] - The company’s major shareholder, Anhui Forklift Group Co., Ltd., increased its shareholding by 2,128,000 shares, representing 0.29% of the total share capital[13] Research and Development - R&D expenses in Q1 2022 amounted to CNY 169,651,255.28, up 17.7% from CNY 143,985,335.02 in Q1 2021[25] Future Plans - The company plans to expand its market presence and invest in new product development to drive future growth[19] - The company is focusing on enhancing its technological capabilities and exploring potential mergers and acquisitions to strengthen its market position[19] Accounting Standards - The company has adopted new accounting standards starting from 2022, which may affect future financial reporting[34]

证券代码：600761 证券简称：安徽合力 公告编号：临 2022-012 安徽合力股份有限公司 关于接待机构调研情况的公告 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。 安徽合力股份有限公司（以下简称"公司"）于 2022 年 3 月 11 日晚 8 点 通过电话会议交流形式接待了机构调研，现将情况公告如下： 一、调研情况 时间：2022 年 3 月 11 日 20:00-21:00 调研方式：电话会议交流 调研机构名称（排名不分先后）：Ping An of China Asset Management (Hong Kong)、TENG YUE PARTNERS, L.P.、华泰证券（上海）资产管理有限公司、凯读 投资、摩根士丹利、华泰证券 公司接待人员：董事、总经济师、董事会秘书张孟青；证券事务代表刘翔 二、调研的主要问题及回复情况 1：请介绍公司 2021 年经营情况。 答：2021 年，受益于国内经济的持续稳定向好以及出口量的增加，工业车辆 行业销量实现稳定增长并首次突破百万台大关；同时大宗原材料价格大幅上涨， ...

Financial Performance - In 2021, Anhui Heli achieved a record high in key performance indicators, including operating revenue and vehicle exports, marking a strong start to the "14th Five-Year Plan" period[6]. - The company achieved operating revenue of CNY 15.42 billion in 2021, a year-on-year increase of 20.47%[36]. - The net profit attributable to shareholders was CNY 633.94 million, representing a decrease of 13.40% compared to the previous year[36]. - The company sold 274,800 units of machinery, marking a 24.53% increase in sales volume year-on-year[52]. - The company’s total assets increased by 19.09% to CNY 11.64 billion by the end of 2021[36]. - The company’s cash flow from operating activities decreased by 29.78% to CNY 647.52 million[36]. - The basic earnings per share decreased by 13.13% to CNY 0.86[39]. - Operating costs amounted to 12.93 billion RMB, reflecting a year-on-year increase of 22.86%[105]. - The company’s net cash flow from operating activities decreased by 29.78% to 648 million RMB[109]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY, representing a 15% year-over-year growth[166]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 3.50 RMB per 10 shares, totaling approximately 259 million RMB, based on a total share capital of 740,180,802 shares as of the end of 2021[15]. - The company emphasizes green and low-carbon development, continuously creating wealth for shareholders through cash dividends and maintaining a strong commitment to corporate social responsibility[102]. - The company has a clear cash dividend policy that aligns with its articles of association, ensuring the protection of minority shareholders' rights[199]. - The company did not propose a cash profit distribution plan during the reporting period despite having positive distributable profits[199]. Growth and Market Expansion - Anhui Heli has experienced significant growth in forklift production, reaching over 30,000 units sold per month, compared to 10,000 units produced over three years in the past[7]. - The company is expanding its investment in high-end casting and deep processing manufacturing bases, enhancing the supply capacity of key components[63]. - The company plans to expand its market presence through investments in new projects, including establishing a joint venture in the Middle East[135]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[166]. - The company is pursuing the acquisition of land use rights and property from Youjiali Forklift (Anhui) Co., Ltd.[185]. Research and Development - The company launched the G2 series lithium battery special vehicles, which became a best-selling product during the reporting period[53]. - The company completed the R&D of 2-10 ton hydrogen fuel cell forklifts and plans to implement a market application plan for 200 units[53]. - The company obtained 584 patent authorizations in 2021, including 4 invention patents, and completed 70 technical research projects[55]. - Research and development expenses increased by 32.01% to 711 million RMB, primarily due to increased R&D investment[109]. - R&D investment for the year 2021 was CNY 712 million, focusing on new technologies such as lithium batteries and hydrogen energy[124]. - The company plans to focus on electric, systematic, and intelligent research and development during the "14th Five-Year Plan" period, aiming to build a new development ecosystem[145]. Corporate Governance and Compliance - Anhui Heli's board of directors and management have confirmed the accuracy and completeness of the annual report, ensuring no significant omissions or misleading statements[12]. - The company has maintained compliance with corporate governance regulations, ensuring effective checks and balances among the board, supervisory board, and management[152]. - The company has not reported any major discrepancies with the regulations set forth by the China Securities Regulatory Commission regarding corporate governance[152]. - The company has not engaged in any major investments or external guarantees that would compromise its operational independence[152]. - The company has not faced any penalties from securities regulatory agencies in the past three years[178]. Operational Efficiency and Innovation - The company emphasizes its focus on high-quality development, aiming to enhance its capabilities in electric, systematic, and intelligent solutions[9]. - The company is actively developing digital workshops and smart factories, aiming to establish a leading domestic and internationally advanced intelligent manufacturing system for industrial vehicles[101]. - The company has committed to enhancing operational efficiency through lean production and intelligent manufacturing to mitigate cost pressures[149]. - The company’s smart fleet management system integrates cloud computing and IoT technologies, providing users with efficient and safe fleet management solutions[89]. - The company’s smart logistics system utilizes advanced algorithms to enhance user productivity and management efficiency, with applications in various industries including home manufacturing and logistics[86]. Employee and Management Structure - The company employed a total of 8,427 staff members, with 3,515 in the parent company and 4,912 in major subsidiaries[196]. - The workforce includes 4,167 production personnel, 993 sales personnel, and 1,771 technical personnel[196]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 14.3071 million yuan[175]. - The company has maintained a stable leadership team with no significant turnover in key management positions during the reporting period[176]. - The company has established a competitive compensation management system, providing annual salary adjustments and promotion opportunities for outstanding employees[196]. Social Responsibility - The company actively engaged in corporate social responsibility, receiving awards for information disclosure and contributions to society[67]. - The company has no retired employees requiring financial support, indicating a focus on maintaining a stable workforce[196]. - The company is set to conduct various vocational skills training and educational programs for employees in 2022[199].

Financial Performance - In 2021, Anhui Heli achieved a record high in key performance indicators including operating revenue, production and sales volume, and complete vehicle exports, marking a strong start to the "14th Five-Year Plan" period[6]. - The company achieved operating revenue of CNY 15.42 billion in 2021, a year-on-year increase of 20.47%[36]. - The net profit attributable to shareholders was CNY 633.94 million, representing a decrease of 13.40% compared to the previous year[36]. - The company’s cash flow from operating activities was CNY 647.52 million, down 29.78% from the previous year[36]. - Operating costs amounted to 12.93 billion RMB, reflecting a year-on-year increase of 22.86%[105]. - The basic earnings per share decreased to CNY 0.86, down 13.13% from the previous year[39]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in the last fiscal year, representing a growth of 15% year-over-year[166]. - The company plans to achieve a sales revenue of approximately ¥16.8 billion in 2022, with a target to control expenses at around ¥1.8 billion[146]. Growth and Development - Anhui Heli has experienced significant growth in forklift production, reaching over 30,000 units sold per month, compared to 10,000 units produced over 30 years from 1963 to 1993[7]. - The company has a history of nearly 64 years in the industry, evolving from a few million RMB in output in 1978 to a sales target of over 100 billion RMB[7]. - The company sold 274,800 units of machinery, marking a 24.53% year-on-year growth in sales volume[52]. - The company launched a total of 362 new product models during the reporting period, including 52 electric new energy series products, and introduced a full range of 1-46 ton internal combustion models and next-generation lithium battery products[97]. - The company achieved significant sales growth in its electric ride-on warehouse forklift series in 2021, with products covering a tonnage range of 1.2-2.5 tons, widely used in industries such as tobacco, food, and textiles[76]. - The company is expanding its investment in high-end casting and intelligent manufacturing bases, enhancing the supply capacity of key components[63]. Research and Development - The company is focused on innovation-driven development, aiming to provide high-quality, low-carbon, intelligent, and connected solutions to its users[9]. - The company obtained 584 patent authorizations in 2021, including 4 invention patents, and completed 70 technical research projects[55]. - Research and development expenses increased by 32.01% to 711 million RMB, primarily due to increased R&D investment[109]. - The company employed 1,771 R&D personnel, accounting for 21.02% of the total workforce[124]. - In 2021, the R&D investment reached 712 million RMB, focusing on new technologies such as lithium batteries and hydrogen energy[124]. - The company plans to focus on electric, systematic, and intelligent research and development during the "14th Five-Year Plan" period, aiming to build a new development ecosystem[145]. Corporate Governance - The company’s board of directors and management have confirmed the accuracy and completeness of the annual report, ensuring no significant omissions or misleading statements[12]. - The company has maintained a clear governance structure, ensuring effective checks and balances among the board of directors, supervisors, and management[152]. - There were no significant differences between the company's governance practices and the regulations set forth by the China Securities Regulatory Commission[152]. - The company has adhered to all relevant approval procedures for major investments and related transactions during the reporting period[152]. - The company has established a performance evaluation system for its managerial staff, linking remuneration to performance outcomes[175]. Market Expansion - The international market revenue reached 2.96 billion CNY, reflecting a year-on-year growth of 56.15%, with total machine exports hitting 63,800 units, up 70.42%[55]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[166]. - A strategic acquisition of a local competitor is anticipated to enhance production capacity by 30%[166]. - The company has established a comprehensive marketing service system with 24 provincial marketing agencies and nearly 500 secondary and tertiary service networks, providing services to over 150 countries and regions globally[97]. Sustainability and Social Responsibility - The company emphasizes green and low-carbon development, continuously fulfilling corporate social responsibility and receiving multiple awards for its contributions[102]. - The company is committed to sustainability, with a goal to reduce carbon emissions by 20% over the next three years[166]. - The company actively engaged in corporate social responsibility, receiving recognition as an "A-level unit" for information disclosure and ranking in the top 100 for ESG in A-share companies[67]. Financial Management - The company plans to establish a wholly-owned subsidiary, Anqing Heli Axle Co., Ltd.[184]. - The company approved a comprehensive credit line application of 3 billion yuan to banks[184]. - The company reported a financial write-off for part of its loader business accounts receivable losses[184]. - The company’s trading financial assets rose by 59.62% to approximately 232.01 million RMB, mainly due to increased investment in financial products[130]. Employee Management - The company has a total of 8,427 employees, with 3,515 in the parent company and 4,912 in major subsidiaries[196]. - The professional composition includes 4,167 production personnel, 993 sales personnel, and 1,771 technical personnel[196]. - The company has established a competitive salary management system, providing annual salary adjustments and promotion opportunities for outstanding employees[196].

2021 年第三季度报告 单位：元 币种：人民币 证券代码：600761 证券简称：安徽合力 安徽合力股份有限公司 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 | --- | --- | --- | --- | --- | |-----------------------------|------------------|---------------------------------------|-------------------|--------------------------------------------| ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥7,941,220,897.35, representing a 46.19% increase compared to ¥5,431,970,419.20 in the same period last year[25]. - The net profit attributable to shareholders of the listed company was ¥378,295,489.74, a decrease of 6.11% from ¥402,910,834.28 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was ¥344,545,624.77, down 7.40% from ¥372,099,275.86 in the same period last year[25]. - Basic earnings per share for the first half of 2021 were ¥0.51, down 5.56% from ¥0.54 in the same period last year[25]. - The weighted average return on net assets was 6.72%, a decrease of 1.07 percentage points from 7.79% in the previous year[25]. - The company achieved total vehicle sales of 147,700 units, representing a year-on-year increase of 61.35%[36]. - The company's revenue reached 7.941 billion RMB, a year-on-year growth of 46.19%[51]. - The company’s operating costs increased by 54.05% to 6.679 billion RMB, primarily due to rising raw material prices[51]. - Operating profit for the first half of 2021 was ¥530,604,408.49, slightly up from ¥526,138,877.06 in the first half of 2020[146]. - The company reported a total profit of ¥453,264,189.18 for the first half of 2021, compared to ¥448,221,294.75 in the same period of 2020, reflecting a growth of 1.1%[151]. Cash Flow and Investments - The net cash flow from operating activities was -¥42,946,549.18, a significant decline from ¥305,172,523.96 in the previous year, representing a decrease of 114.07%[25]. - Cash flow from investing activities decreased by 102.33% to -¥10.07 million, attributed to increased fixed asset investments and adjustments in bank wealth management structures[56]. - Cash flow from financing activities was ¥46.31 million, a significant improvement from -¥65.86 million in the previous period, mainly due to reduced repayment of bank loans[56]. - Cash inflow from investment activities totaled CNY 114,048,655.25, down 77.9% from CNY 514,372,880.07 year-over-year[159]. - Net cash flow from investment activities was negative CNY 10,073,189.56, a significant decline from CNY 431,693,752.57 in the previous year[159]. - Cash inflow from financing activities was CNY 423,426,225.00, compared to CNY 500,000,000.00 in the first half of 2020[159]. Assets and Liabilities - The total assets at the end of the reporting period were ¥10,601,387,781.14, an increase of 8.50% compared to ¥9,770,570,377.16 at the end of the previous year[25]. - The total current assets as of June 30, 2021, amounted to RMB 7,724,927,571.39, an increase from RMB 6,975,117,294.87 as of December 31, 2020, representing a growth of approximately 10.7%[132]. - The total liabilities as of June 30, 2021, were not specified but are critical for assessing the company's financial health[132]. - Total liabilities reached ¥4,515,930,130.41, compared to ¥3,786,316,855.99, indicating an increase of approximately 19.3%[136]. - Current liabilities rose to ¥3,878,975,099.29, up from ¥2,943,620,678.26, reflecting a significant increase of approximately 31.5%[136]. Research and Development - R&D expenses rose by 50.19% to ¥331.12 million, driven by increased investment in research and development and the expiration of social security exemptions from the previous year[56]. - Research and development expenses increased to ¥331,117,623.96 in the first half of 2021, compared to ¥220,463,241.70 in the same period of 2020, reflecting a growth of 50.3%[146]. - The company launched a total of 98 new models, including 53 electric new energy forklifts, during the reporting period[36]. Environmental and Social Responsibility - The company actively promoted low-carbon and energy-saving products, contributing to carbon reduction efforts[46]. - The company invested over 3 million yuan in poverty alleviation initiatives, helping 818 registered impoverished individuals achieve poverty alleviation[98]. - The company has established an emergency response plan for environmental incidents, which has been filed with the local environmental protection bureau[93]. - The company has implemented measures to reduce carbon emissions and is recognized as a national green factory[93]. - The company has installed online monitoring equipment for wastewater and waste gas emissions, ensuring compliance with environmental standards[94]. Related Party Transactions - The company reported a total of 213,331.44 million RMB in related party transactions during the reporting period[105]. - The sales of forklifts and parts to Anhui Haoyun Machinery Co., Ltd. amounted to 21,770.57 million RMB, accounting for 2.74% of similar transaction amounts[103]. - The company’s related party transactions are conducted at market prices, ensuring fairness and transparency[105]. - The company has no significant sales returns during the reporting period[105]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 37,580[117]. - The largest shareholder, Anhui Forklift Group Co., Ltd., held 281,026,535 shares, representing 37.97% of the total shares[118]. - UBS AG increased its holdings by 4,789,966 shares, totaling 25,761,045 shares, which is 3.48% of the total shares[118]. - The company has not reported any significant changes in share capital structure during the reporting period[117]. Corporate Governance - The company has undergone changes in its board of directors and senior management, with Yang Anguo elected as the new chairman[76]. - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[77]. - There are no updates on stock incentive plans or employee stock ownership plans[79].

1 证券代码：600761 证券简称：安徽合力 公告编号：临 2021-025 安徽合力股份有限公司 关于参加安徽辖区上市公司 2021 年投资者集体接待 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。 为方便广大投资者更加全面深入了解公司发展战略、经营状况，加强与投资 者的互动交流，公司定于 2021 年 5 月 18 日下午 14:00 - 17:30 参加由安徽 上市公司协会联合深圳市全景网络有限公司举办的主题为"安徽上市公司高质量 发展在行动"的安徽辖区上市公司 2021 年投资者集体接待日活动。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在深圳市全景网络有限公司提供的网上 平台采取网络远程方式举行，投资者可以登录"全景路演天下"网上平台 （http://rs.p5w.net/）进入专区页面参与交流。 出席本次集体接待日的人员有：公司董事、董事会秘书、总经济师张孟青先 生，公司证券部副部长、证券事务代表刘翔先生等。欢迎广大投资者积极参与。 特此公告。 安徽合力股份有限公司董事会 2021 ...

Financial Performance - Operating revenue surged by 84.47% to CNY 3,472,451,814.18 year-on-year[10] - Net profit attributable to shareholders rose by 141.19% to CNY 178,647,605.33 compared to the same period last year[10] - Basic earnings per share increased by 141.16% to CNY 0.2414[10] - Operating profit for Q1 2021 was ¥233,789,287.08, reflecting a significant increase of 130.94% year-on-year, attributed to expanded production and sales scale[19] - The company's total revenue for Q1 2021 reached ¥3,472,451,814.18, a significant increase of 84.5% compared to ¥1,882,384,858.03 in Q1 2020[38] - Net profit for Q1 2021 was ¥205,683,541.45, up 126.5% from ¥90,965,052.42 in Q1 2020[42] - The company's operating profit for Q1 2021 was ¥233,789,287.08, compared to ¥101,233,950.74 in Q1 2020, representing a growth of 130.3%[42] - The company reported a total comprehensive income of ¥204,038,259.24 for Q1 2021, compared to ¥90,416,795.07 in Q1 2020, reflecting a growth of 125.5%[42] Assets and Liabilities - Total assets increased by 3.29% to CNY 10,092,348,148.61 compared to the end of the previous year[10] - Current liabilities rose to ¥3,148,849,403.41, compared to ¥2,943,620,678.26, reflecting an increase of about 7%[31] - Total liabilities reached ¥3,984,656,368.20, compared to ¥3,786,316,855.99, which is an increase of approximately 5.2%[31] - Total liabilities increased to ¥3,229,461,788.87 from ¥2,910,425,194.82, marking a rise of 10.9%[36] - Non-current assets totaled ¥2,977,935,306.13, up from ¥2,879,657,542.07, indicating an increase of about 3.4%[34] - The company's equity increased to ¥6,107,691,780.41 from ¥5,984,253,521.17, representing a growth of approximately 2.1%[31] Cash Flow - The net cash flow from operating activities was negative at CNY -148,055,387.25, worsening from CNY -131,488,899.60 in the previous year[10] - Cash received from sales of goods and services amounted to ¥2,589,706,974.55, up 70.90% year-on-year, due to increased sales volume[19] - Cash paid for purchasing goods and services was ¥2,265,396,870.29, reflecting an 86.91% increase year-on-year, mainly due to higher procurement volumes[21] - The net cash flow from operating activities for Q1 2021 was -¥148,055,387.25, a decline from -¥131,488,899.60 in Q1 2020[51] - Cash and cash equivalents at the end of Q1 2021 totaled ¥792,802,887.51, down from ¥1,894,805,205.14 at the end of Q1 2020[54] - Total cash outflow for operating activities was $2.18 billion, compared to $1.27 billion in the previous year, an increase of approximately 71.5%[57] Expenses - Research and development expenses rose to ¥143,985,335.02, marking a 62.79% increase year-on-year, driven by higher R&D investments[19] - The company's management expenses increased to ¥93,042,804.41, a rise of 32.00% year-on-year, primarily due to increased salary expenditures[19] - Sales expenses decreased to ¥10,108,399.77 in Q1 2021 from ¥26,049,307.27 in Q1 2020, a reduction of 61.1%[44] - Cash paid to employees increased to $211.92 million from $178.54 million, reflecting a rise of approximately 18.7%[57] Shareholder Information - The number of shareholders at the end of the reporting period was 37,432, with the largest shareholder holding 37.97%[13] Government Subsidies - The company received government subsidies amounting to CNY 10,541,415.90, which are closely related to its normal business operations[12] - The company received government subsidies related to income amounting to ¥6,901,980.43, a 52.39% increase year-on-year[19] Future Outlook - The company expects to maintain growth momentum in the upcoming quarters, supported by ongoing market expansion and new product developments[22]

Financial Performance - The company's operating revenue for 2020 was CNY 12,796,635,328.84, representing a 26.32% increase compared to CNY 10,130,234,608.77 in 2019[29]. - The net profit attributable to shareholders for 2020 was CNY 732,008,777.84, an increase of 12.38% from CNY 651,343,432.89 in 2019[29]. - The net profit after deducting non-recurring gains and losses was CNY 607,401,976.15, up 18.41% from CNY 512,971,645.22 in 2019[29]. - The net cash flow from operating activities was CNY 922,180,518.45, which is an 8.03% increase from CNY 853,672,096.81 in 2019[29]. - The total assets at the end of 2020 were CNY 9,770,570,377.16, a 23.12% increase from CNY 7,935,677,973.90 at the end of 2019[29]. - The basic earnings per share for 2020 were CNY 0.99, reflecting a 12.50% increase from CNY 0.88 in 2019[29]. - The weighted average return on net assets for 2020 was 14.06%, an increase of 0.43 percentage points from 13.63% in 2019[29]. - The company's total revenue for Q1 was approximately ¥1.88 billion, Q2 was ¥3.55 billion, Q3 was ¥3.64 billion, and Q4 was ¥3.73 billion, showing a steady increase throughout the year[33]. - Net profit attributable to shareholders for Q1 was approximately ¥74 million, Q2 was ¥329 million, Q3 was ¥186 million, and Q4 was ¥144 million, indicating fluctuations in profitability[33]. - The net cash flow from operating activities was negative in Q1 at approximately -¥131 million, but turned positive in subsequent quarters, with Q2 at ¥437 million, Q3 at ¥400 million, and Q4 at ¥217 million[33]. Product and Market Development - The company has expanded its product offerings, including lithium battery forklifts that have shown explosive sales growth in 2020[42]. - The company achieved a total machine sales volume of 220,600 units in 2020, representing a year-on-year increase of 44.82%[81]. - The sales volume of electric balance forklifts increased by 20.16% to 76,200 units, while electric walkie forklifts saw a significant growth of 42.98% to 322,900 units[61]. - The company launched 277 new product models in 2020, including 105 electric new energy forklifts[68]. - The company plans to continue its market expansion and product development in response to the recovering demand post-COVID-19[59]. - Domestic market revenue reached CNY 10.78 billion, a year-on-year increase of 28.36%, while international market revenue was CNY 1.89 billion, up 12.63%[86]. Financial Position and Investments - Cash and cash equivalents at the end of the period were RMB 2.230 billion, accounting for 22.83% of total assets, an increase of 46.82% compared to the previous period[63]. - Accounts receivable financing reached RMB 480.9438 million, representing 4.92% of total assets, with a year-on-year increase of 67.60%[63]. - Inventory stood at RMB 1.486 billion, making up 15.21% of total assets, with a year-on-year increase of 34.81%[63]. - The company invested ¥50,000 million to establish a wholly-owned subsidiary in Lu'an, focusing on manufacturing and processing[119]. - The company acquired a 17.50% stake in Zhejiang Jiali for ¥5,526.85 million, increasing its ownership to 35.00% after a subsequent investment[119]. - The company’s investment in the New Energy Vehicle and key components project totaled ¥27,894 million, with ongoing progress payments[123]. Social Responsibility and Community Engagement - The company actively engaged in social responsibility initiatives, donating CNY 1 million in cash and approximately CNY 950,000 worth of protective materials during the pandemic[92]. - The collective economic income of the Yinliu community reached 345,100 RMB, representing a year-on-year growth of approximately 40%[170]. - A total of 252 registered impoverished individuals were helped to escape poverty through various initiatives[173]. - The company invested 87.48 million RMB in poverty alleviation efforts, including 16.50 million RMB specifically for industrial development projects[173]. - The company plans to align future poverty alleviation efforts with provincial rural revitalization strategies to ensure sustainable economic development in the Yinliu community[174]. Environmental Compliance and Sustainability - The total amount of hazardous waste generated by the company was 477.76 tons, with proper disposal contracts in place[178]. - The company reported a total of 21 emission points for exhaust gases, with an actual particulate matter emission of 5.6 tons and non-methane total hydrocarbons at 38.1 tons[185]. - The annual allowable discharge for nitrogen oxides is 0.72 tons, with actual emissions in 2020 recorded at 0.045 tons, indicating compliance with environmental standards[180]. - The company has established a hazardous waste management ledger and electronic transfer orders, with a total hazardous waste generation of 145.424 tons in 2020[182]. - The company has implemented strict standards for VOC emissions, with actual emissions from painting processes recorded at 0.0063 tons, well below the allowable limits[181]. Corporate Governance and Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,539, a decrease from 28,714 in the previous month[192]. - Anhui Forklift Group Co., Ltd. holds 281,026,535 shares, representing 37.97% of the total shares, making it the largest shareholder[192]. - The company has not experienced any changes in its controlling shareholder during the reporting period[195]. - There are no significant shareholders holding more than 10% of the shares[198]. - The company has no restrictions on share reduction[198].

Financial Performance - Net profit attributable to shareholders rose by 21.55% to ¥588,452,456.59 for the year-to-date period[9] - Operating revenue grew by 21.20% to ¥9,070,875,249.71 for the year-to-date period[9] - Basic and diluted earnings per share increased by 23.08% to ¥0.80[9] - The company reported a net profit excluding non-recurring items of ¥537,812,424.11, a 31.76% increase year-on-year[9] - Total operating revenue for Q3 2020 reached ¥3,638,904,830.51, a significant increase of 47.2% compared to ¥2,470,612,124.07 in Q3 2019[41] - Net profit for Q3 2020 was ¥212,237,329.32, representing a 31.2% increase from ¥161,790,852.33 in Q3 2019[44] - The total profit for Q3 2020 was ¥244,021,539.09, compared to ¥191,307,000.22 in Q3 2019, marking a growth of 27.6%[44] - The company reported a total comprehensive income of ¥210,478,817.57 for Q3 2020, compared to ¥162,055,596.81 in Q3 2019[45] Assets and Liabilities - Total assets increased by 19.24% to ¥9,462,153,177.02 compared to the end of the previous year[9] - Current liabilities rose to ¥3,130,869,384.57, compared to ¥2,423,114,146.95, marking an increase of about 29.3%[30] - Non-current liabilities totaled ¥636,048,387.68, significantly higher than ¥132,872,036.98, indicating a substantial increase[30] - The company's total liabilities reached ¥3,766,917,772.25, up from ¥2,555,986,183.93, representing an increase of around 47.4%[30] - Shareholders' equity increased to ¥5,695,235,404.77 from ¥5,379,691,789.97, indicating a growth of about 5.8%[30] - Total liabilities amount to approximately $2.09 billion, with current liabilities at about $2.01 billion and non-current liabilities at approximately $81.71 million[74] - Total equity stands at approximately $4.67 billion, with paid-in capital of about $740.18 million and retained earnings of approximately $2.81 billion[74] Cash Flow - Cash flow from operating activities increased by 19.48% to ¥705,216,384.61 for the year-to-date period[9] - Cash and cash equivalents increased by 43.14% to ¥2,174,313,833.31 from ¥1,519,016,026.10 due to increased cash inflows from operating activities and investment in large deposits[16] - The company’s cash received from operating activities increased by 54.22% to ¥68,050,908.77 from ¥44,124,491.70, driven by increased compensation and government subsidies[18] - The total cash inflow from operating activities for Q3 2020 was CNY 5,835,773,629.18, an increase from CNY 5,106,704,732.56 in Q3 2019, representing a growth of approximately 14.3%[61] - The net cash flow from operating activities for Q3 2020 was CNY 602,367,227.43, compared to CNY 496,072,425.28 in Q3 2019, indicating an increase of about 21.4%[61] Investments and Expenses - Research and development expenses for Q3 2020 amounted to ¥152,670,760.72, an increase of 34.4% compared to ¥113,619,631.39 in Q3 2019[41] - Investment income fell by 30.19% to ¥44,282,901.44 from ¥63,430,695.27, primarily due to reduced investment in bank financial products and lower interest rates[18] - The company’s total assets impairment loss for the first three quarters of 2020 was reported at -39,444.67[44] - The investment income for Q3 2020 was ¥22,370,175.14, compared to ¥19,704,438.13 in Q3 2019, indicating a growth of 8.5%[41] - The company’s sales expenses for Q3 2020 were CNY 43,466,035.35, which is an increase of 23.2% compared to CNY 35,229,588.66 in Q3 2019[47] Shareholder Information - The total number of shareholders reached 29,861, with the largest shareholder holding 37.97% of shares[12] Company Developments - The company has not disclosed any significant new product developments or market expansion strategies in this report[15] - The company’s investment in new products includes the latest G3 series small-tonnage lithium battery forklifts, indicating a focus on innovation and market expansion[20] Compliance and Reporting - The company has not reported any adjustments related to the new revenue and leasing standards, indicating compliance with current accounting practices[76] - There are no significant changes in the audit report status, suggesting stability in financial reporting[76] - The company is located in Hefei, China, indicating its operational base and potential market focus[77]