Financial Performance - The company's operating revenue for the first half of 2017 was approximately ¥163.65 million, representing a 74.8% increase compared to ¥93.62 million in the same period last year[15]. - The net loss attributable to shareholders for the first half of 2017 was approximately ¥1.10 million, an improvement from a loss of ¥6.91 million in the same period last year[15]. - The basic earnings per share for the first half of 2017 was -¥0.0072, compared to -¥0.0444 in the same period last year[15]. - The weighted average return on net assets increased by 0.6696 percentage points to -0.1644% from -0.834% in the same period last year[15]. - The company reported a net cash flow from operating activities of approximately -¥16.61 million, an improvement from -¥24.73 million in the same period last year[15]. - The company achieved operating revenue of ¥163,649,854.22, representing a year-on-year increase of 74.8% compared to ¥93,619,221.09 in the same period last year[24]. - The net profit attributable to the parent company was -¥1,097,983.89, significantly improved from -¥6,906,997.19 in the previous year[24]. - Operating costs increased to ¥143,980,456.00, up 68.84% from ¥85,278,515.75, primarily due to the growth in operating revenue[26]. - The company reported a total comprehensive loss of CNY 1,063,394.15 for the first half of 2017, compared to a loss of CNY 6,806,512.07 in the same period last year[68]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥722.87 million, a decrease of 0.47% from ¥726.32 million at the end of the previous year[15]. - The company's net assets attributable to shareholders at the end of the reporting period were approximately ¥667.50 million, a slight decrease of 0.16% from ¥668.59 million at the end of the previous year[15]. - Total current assets decreased slightly to CNY 364,321,944.90 from CNY 363,049,937.65, a change of 0.35%[60]. - Total liabilities decreased to CNY 54,350,793.25 from CNY 56,733,002.21, a reduction of 4.19%[62]. - The company's total equity at the end of the reporting period is 668,089.80 million, a decrease from the previous period's 711,265.20 million, reflecting a decline of approximately 6.06%[89]. Cash Flow - Cash flow from operating activities was -¥16,612,825.49, an improvement from -¥24,727,533.17 in the previous year[26]. - Total cash inflow from operating activities increased to 167,250,283.20 RMB, compared to 75,359,701.69 RMB in the previous period[78]. - The company paid 140,346,883.97 RMB for purchasing goods and services, compared to 70,550,297.17 RMB previously[78]. - The net increase in cash and cash equivalents was -4,732,955.33 RMB, contrasting with a positive increase of 50,044,789.26 RMB in the previous period[76]. - The company's cash and cash equivalents at the end of the period totaled CNY 21,893,601.22, down from CNY 46,624,088.74 at the beginning of the period, indicating a decrease of approximately 53%[158]. Inventory and Receivables - The company’s inventory rose to ¥116,876,976.99, an increase of 8.39% from ¥107,833,259.26, attributed to higher raw material levels[30]. - Accounts receivable increased to CNY 78,404,848.97 from CNY 71,715,132.50, representing a growth of 9.63%[60]. - The total accounts receivable at the end of the period amounted to CNY 101,477,910.66, with a bad debt provision of CNY 23,073,061.69, representing a provision ratio of 22.74%[169]. - The provision for bad debts on accounts receivable aged over five years was 100%, amounting to CNY 18,433,704.12[169]. Investments and Shareholding - The company invested a total of ¥255,200,000 in acquiring shares of Teri Battery, becoming the second-largest shareholder with a 15.61% stake[34]. - The total number of ordinary shareholders at the end of the reporting period was 8,664[51]. - The largest shareholder, Shenzhen Nanfang Tongzheng Investment Co., Ltd., held 25,400,898 shares, accounting for 16.57% of the total shares[52]. - The second largest shareholder, Zhuhai Yushui Investment Holdings Co., Ltd., held 8,000,000 shares, representing 5.22% of the total shares[52]. Risk Management - The company faces significant risks from raw material price fluctuations, particularly lead, which constitutes approximately 70% of production costs[37]. - The company has implemented a pricing mechanism linked to lead prices to mitigate the impact of price volatility, although it cannot completely eliminate the effects on operational performance[37]. - Environmental compliance measures are in place, with all pollutant emissions meeting national standards, but future investments in environmental protection are crucial to avoid potential risks[37]. - The company is closely monitoring macroeconomic trends and adjusting its operational plans accordingly to mitigate risks from economic downturns[37]. Accounting Policies - There were no changes in the company's accounting policies or estimates compared to the previous accounting period[48]. - The company has not made any changes to its significant accounting policies during the reporting period[157]. - The financial statements have been prepared based on the assumption of continuous operation, with no significant issues affecting this assumption[95]. - The company adheres to the enterprise accounting standards, ensuring that its financial statements accurately reflect its financial position and operating results[98].

Financial Performance - Operating revenue for the period reached CNY 68,724,414.27, representing a 101.03% increase year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 1,103,209.26, an improvement from a loss of CNY 2,779,899.37 in the same period last year[6] - The company reported a net loss of ¥135,476,792.62, slightly worsening from a loss of ¥134,373,583.36 in the previous period[21] - Net loss for Q1 2017 was CNY 1,040,675.62, an improvement from a net loss of CNY 2,797,114.63 in Q1 2016[26] - Basic and diluted earnings per share were both -CNY 0.0072, compared to -CNY 0.0179 in the same period last year[6] - Basic and diluted earnings per share for Q1 2017 were both CNY -0.0072, an improvement from CNY -0.0179 in the previous year[26] Assets and Liabilities - Total assets increased by 2.03% to CNY 741,057,146.05 compared to the end of the previous year[6] - The company's total assets increased to CNY 740,246,009.29 from CNY 725,420,204.48, reflecting a growth of 2.3%[24] - Total liabilities rose to CNY 72,412,856.49, compared to CNY 55,778,796.72, marking a 29.8% increase[24] - Owner's equity totaled CNY 667,833,152.80, slightly down from CNY 669,641,407.76, indicating a decrease of 0.3%[24] Cash Flow - The net cash flow from operating activities was negative CNY 45,744,849.25, compared to negative CNY 13,818,330.45 in the previous year[6] - The total cash flow from operating activities for Q1 2017 was not detailed, but the company continues to focus on improving cash management strategies[30] - The company reported a total cash outflow from operating activities of ¥96,214,118.40, compared to ¥40,490,073.04 in the previous period, indicating a rise of approximately 137.8%[31] - Cash inflow from sales of goods and services reached ¥49,313,537.55, a significant increase from ¥22,383,260.95 in the previous period, representing a growth of approximately 120.4%[31] - Cash paid for goods and services surged by 186.97% to ¥77,669,872.08 from ¥27,065,678.96, mainly due to raw material purchases[15] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,351[12] - The largest shareholder, Shenzhen Nanfang Tongzheng Investment Co., Ltd., held 16.57% of the shares[12] Other Financial Metrics - The weighted average return on net assets was -0.24%, improving from -0.39% year-on-year[6] - The company reported non-recurring gains of CNY 1,583,641.08 for the period[9] - Investment income for Q1 2017 was CNY 1,564,315.07, up from CNY 973,767.10, representing a 60.5% increase[26] Inventory and Receivables - Accounts receivable increased by 38.34% to ¥26,370,192.21 from ¥19,061,735.97, mainly due to the receipt of acceptance bills[14] - Prepayments surged by 191.12% to ¥24,233,349.30 from ¥8,324,242.80, attributed to increased advance payments for goods[14] - Inventory rose by 26.7% to ¥136,624,706.96 from ¥107,833,259.26, driven by an increase in raw materials and finished products[14] Operating Costs - Operating costs increased by 88.91% to ¥60,421,634.38 from ¥31,984,269.36, in line with the rise in sales volume[15] - Sales expenses rose by 68.24% to ¥3,542,008.58 from ¥2,105,379.09, mainly due to increased product maintenance costs[15]

Financial Performance - In 2016, the company reported a net loss attributable to shareholders of -42,700,263.64 CNY, with a total distributable profit of -134,373,583.36 CNY[2]. - The company's operating revenue for 2016 was 351,861,318.74 CNY, representing a year-on-year increase of 41.38% compared to 248,876,496.47 CNY in 2015[18]. - The net profit attributable to the parent company was a loss of CNY 42,700,263.64, compared to a loss of CNY 19,812,531.92 in the previous year[34]. - Basic earnings per share for 2016 were -0.28 CNY, compared to -0.13 CNY in 2015[19]. - The weighted average return on equity was -6.21% in 2016, a decrease of 3.42 percentage points from -2.79% in 2015[19]. - The company reported a net loss of approximately RMB 42.7 million for 2016, with no cash dividends distributed during the year[64]. - The company reported a comprehensive loss of approximately $42.70 million, indicating challenges in profitability[164]. Cash Flow and Liquidity - The net cash flow from operating activities was -53,310,629.17 CNY, worsening from -26,580,648.89 CNY in the previous year[18]. - Cash and cash equivalents decreased by 81.22% to ¥46,624,088.74 compared to the previous period[49]. - The ending cash and cash equivalents balance decreased to $24.41 million from $54.10 million, reflecting liquidity challenges[161]. - The net cash flow from operating activities was -$51.28 million, compared to -$28.70 million in the previous year, indicating a decline in operational efficiency[161]. Assets and Liabilities - The total assets decreased by 18.63% to 726,319,840.96 CNY at the end of 2016, down from 892,575,853.78 CNY in 2015[18]. - The company's total liabilities decreased from RMB 182,081,329.34 to RMB 56,733,002.21, reflecting a reduction of about 68.8%[145]. - The company's total current assets were CNY 352,100,686.70, down from CNY 508,472,588.49 in the previous year, a decrease of 30.7%[149]. - The total amount of equity attributable to owners decreased by CNY 41,623,800.00 during the reporting period[171]. Inventory and Receivables - The company's inventory increased by 34.28% to CNY 107,833,259.26, primarily due to an increase in work-in-progress[30]. - The company's accounts receivable increased by 22.28% to CNY 71,715,132.50, attributed to increased sales volume to supporting customers[30]. - The company's inventory increased from RMB 80,306,369.24 to RMB 107,833,259.26, representing a growth of about 34.3%[144]. - The company reported a significant increase in accounts receivable from RMB 58,647,729.38 to RMB 71,715,132.50, an increase of approximately 22.3%[143]. Operating Costs and Expenses - The company's operating costs rose by 47.94% to CNY 340,651,548.57, driven by increased sales[30]. - Total operating costs for 2016 amounted to CNY 392,825,980.46, up 46.6% from CNY 267,832,831.31 in 2015[151]. - The company faced a 4% consumption tax on lead-acid batteries starting in 2016, significantly increasing total operating costs[34]. Research and Development - Research and development expenses rose by 1.87% to CNY 1,783,895.45 compared to CNY 1,751,206.23 last year[38]. - The total R&D investment amounted to ¥1,783,895.45, representing 0.51% of the operating revenue[46]. - The number of R&D personnel is 30, accounting for 5.14% of the total workforce[46]. Shareholder and Equity Management - The company did not propose any profit distribution or capital reserve transfer to increase share capital for the year[2]. - The company has maintained its cash dividend policy without adjustments during the reporting period[63]. - The company repurchased and canceled a total of 2.373 million restricted shares that had not yet been unlocked due to failure to meet the unlocking conditions[71]. - Following the cancellation, the company's registered capital decreased from 158,033,400 yuan to 155,660,400 yuan[71]. Market and Competitive Position - The company expanded its production capacity and implemented promotional measures to boost sales amid a competitive market[34]. - The automotive starter battery market is expected to experience stable growth due to rising vehicle production and ownership, with a 14.5% increase in production and 12.8% in ownership year-on-year[51]. - The company aims to enhance market share through marketing reforms and accelerate new product development[58]. Governance and Compliance - The company has retained Tianjian Accounting Firm for financial and internal control audits for the 2016 fiscal year[68]. - The integrity status of the company and its major stakeholders remained good, with no significant debts or court judgments outstanding[70]. - The company maintains independence in business, personnel, assets, institutions, and finance, ensuring autonomous operation and decision-making capabilities[132]. Environmental and Social Responsibility - The company has a leading position in environmental protection measures and adheres to national standards for pollutant emissions[61]. - The company has not experienced any environmental pollution incidents or penalties from environmental authorities in 2016, demonstrating compliance with environmental regulations[81]. - The company has actively fulfilled its social responsibilities while ensuring healthy development and prioritizing safety in production[80].

Financial Performance - Net profit attributable to shareholders was CNY -1,440,405.25, a decline of 114.44% year-on-year[7] - Operating revenue for the first nine months was CNY 180,420,335.87, down 0.59% from the same period last year[7] - The company reported a basic earnings per share of CNY -0.009, a decline of 114.29% year-on-year[8] - Total operating revenue for Q3 2016 was ¥86,801,114.78, an increase from ¥70,366,251.24 in the same period last year, representing a growth of approximately 23.3%[27] - Net profit attributable to shareholders for Q3 2016 was ¥5,466,591.94, compared to ¥7,231,531.82 in the same quarter last year, a decrease of about 24.4%[29] - Operating profit for Q3 2016 was ¥5,456,912.81, down from ¥8,092,958.08 in Q3 2015, reflecting a decline of approximately 32.2%[28] - Net profit for Q3 2016 was ¥6,221,107.22, down 26.5% from ¥8,405,542.20 in Q3 2015[32] - Basic earnings per share for Q3 2016 were ¥0.0406, a decrease of 19.5% from ¥0.0532 in Q3 2015[33] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -65,782,648.77, a decrease of 1,932.37% compared to the previous year[7] - Operating cash flow for the first nine months of 2016 was negative at -¥65,782,648.77, compared to a positive cash flow of ¥3,590,024.79 in the same period last year[34] - Cash inflow from investment activities totaled CNY 482,981,782.02, up from CNY 283,043,351.31 year-over-year[37] - Net cash flow from investment activities was CNY 156,520,790.03, a significant improvement from CNY -29,427,487.52 in the same period last year[37] - Cash inflow from financing activities was CNY 80,000,000.00, down from CNY 96,355,500.00 year-over-year[37] - Net cash flow from financing activities was negative at CNY -55,482,773.03, compared to CNY -6,956,722.22 in the previous year[37] - Total cash inflow from sales of goods and services was CNY 156,641,358.10, an increase from CNY 113,852,605.56 year-over-year[36] - Total cash outflow for operating activities was CNY 229,204,963.28, slightly lower than CNY 297,469,937.13 in the previous year[37] Assets and Liabilities - Total assets decreased by 7.22% to CNY 828,148,815.34 compared to the end of the previous year[7] - Total assets decreased from CNY 892.58 million at the beginning of the year to CNY 828.15 million at the end of the period[22] - Total liabilities decreased from CNY 182.08 million at the beginning of the year to CNY 119.08 million at the end of the period[22] - Total liabilities for Q3 2016 were ¥118,589,432.05, down from ¥178,741,271.00 in the same period last year, indicating a reduction of approximately 33.6%[25] - The company reported a total equity of ¥709,674,964.74 as of Q3 2016, slightly down from ¥711,265,220.82 at the end of the previous year[25] Shareholder Information - The total number of shareholders reached 11,311[12] - The largest shareholder, Shenzhen Southern Tongzheng Investment Co., Ltd., holds 16.32% of the shares[12] Operational Changes - The company decided to temporarily withdraw its application for major asset restructuring due to the large workload and inability to meet the regulatory requirements[15] - The company terminated its stock incentive plan and repurchased 2.373 million shares of unvested restricted stock[16] - The company has not disclosed any new product developments or market expansion strategies in this report[10] - The company plans to focus on expanding its market presence and developing new technologies in the upcoming quarters[27] Other Financial Metrics - The weighted average return on equity dropped to -0.203%, a decrease of 1.57 percentage points[8] - Accounts receivable increased by 56.07% compared to the beginning of the year, mainly due to an increase in customer acceptance bills received[14] - Prepayments increased by 187.25% compared to the beginning of the year, primarily due to advance payments for goods[14] - Inventory increased by 25.04% compared to the beginning of the year, mainly due to an increase in raw materials[14] - Other non-current assets increased by 127.30% compared to the beginning of the year, primarily due to an increase in tax credits[14] - Cash and cash equivalents decreased from CNY 248.32 million at the beginning of the year to CNY 113.60 million at the end of the period[20] - The company’s cash and cash equivalents decreased to ¥446,696,653.78 from ¥508,472,588.49 year-over-year, a decline of about 12.1%[25] - The ending cash and cash equivalents balance was CNY 91,576,614.28, compared to CNY 97,497,458.09 at the end of the same period last year[37]

Financial Performance - The company's basic earnings per share for the first half of 2016 was -0.0437 yuan, a decrease of 368.10% compared to 0.0163 yuan in the same period last year[15]. - The net profit attributable to shareholders for the first half of 2016 was -6,906,997.19 yuan, a decline of 368.50% from 2,572,417.74 yuan in the previous year[16]. - The total revenue for the first half of 2016 was 93,619,221.09 yuan, representing a decrease of 1.57% compared to 95,111,777.73 yuan in the same period last year[16]. - The weighted average return on net assets was -0.98%, a decrease of 1.34 percentage points compared to 0.36% in the same period last year[15]. - The company reported a net loss of CNY 97,704,979.59 for the period, compared to a loss of CNY 89,893,616.29 in the previous year[79]. - The total comprehensive income for the period was a loss of 7,811.36 million RMB, compared to a loss of 7,811.30 million RMB in the previous period[98]. Cash Flow - The net cash flow from operating activities for the first half of 2016 was -24,727,533.17 yuan, compared to -33,973,405.49 yuan in the previous year[16]. - The net cash flow from investment activities was 165,486,822.44 yuan, a significant improvement from -8,340,527.98 yuan in the previous year[17]. - The company's operating cash flow for the first half of 2016 was a net outflow of CNY 24,727,533.17, an improvement from a net outflow of CNY 33,973,405.49 in the same period last year[87]. - Cash inflow from investment activities totaled 222,233,275.16 RMB, compared to 121,547,302.43 RMB in the previous year, resulting in a net cash flow from investment activities of 165,486,822.44 RMB[91]. - The total cash inflow from operating activities was 75,359,701.69 RMB, down from 85,155,977.32 RMB in the previous year[90]. Assets and Liabilities - The company's total assets decreased by 14.52% to 762,938,127.58 yuan from 892,575,853.78 yuan at the end of the previous year[16]. - The total liabilities decreased from ¥90,000,000.00 in short-term borrowings to ¥0, indicating a significant reduction in debt[74]. - The company's total current assets decreased from ¥521,052,389.57 to ¥386,587,021.25, a decline of approximately 25.8%[74]. - The total current liabilities decreased to CNY 33,887,017.19 from CNY 149,442,420.41, a decline of approximately 77.3%[78]. Shareholder Information - The total number of shares decreased from 158,033,400 to 155,660,400 due to the cancellation of 2,373,000 restricted shares[60]. - The largest shareholder, Shenzhen Nanfang Tongzheng Investment Co., Ltd., holds 25,400,898 shares, representing 16.32% of total shares[63]. - The company has 19,073,500 restricted shares held by domestic non-state-owned legal persons, which is 12.25% of total shares[59]. - The total number of shareholders at the end of the reporting period is not specified in the provided content[61]. Corporate Governance and Compliance - The company has established and improved its corporate governance structure in compliance with relevant laws and regulations[56]. - The company has not reported any changes in accounting policies or significant prior period error corrections during the reporting period[56]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[106]. Investment Activities - The company is currently in the process of a major asset restructuring, with applications submitted to the China Securities Regulatory Commission[27]. - The company utilized idle raised funds to purchase principal-protected financial products, with a total investment of 20,000,000 RMB in various products, achieving annualized returns ranging from 2.5% to 3.49%[36]. - The company has a 35% stake in Chongqing Deneng Renewable Resources Co., Ltd., which is currently in the equipment installation and trial production phase[42]. Inventory and Receivables - The total inventory at the end of the period is CNY 59,637,129.74, with a provision for inventory depreciation of CNY 166,853.16, resulting in a net inventory value of CNY 59,470,276.58[198]. - Accounts receivable increased from ¥58,647,729.38 to ¥74,478,501.81, reflecting a growth of about 26.9%[73]. - The accounts receivable balance at the end of the period is CNY 16,129,455.51, an increase from CNY 13,497,064.37 at the beginning of the period, representing a growth of approximately 19.3%[184]. Research and Development - Research and development expenses decreased by 15.98% to ¥686,146.55 from ¥816,620.97[24]. Financial Instruments and Accounting Policies - The company measures financial assets at fair value, with changes recognized in current profit or loss, except for certain categories which are measured at amortized cost[118]. - The company recognizes revenue from the sale of goods when the risks and rewards of ownership are transferred to the buyer, and the revenue amount can be reliably measured[157]. - The company applies hedge accounting for hedging relationships that meet specific criteria, including formal designation and documentation of the hedging relationship[166].

Financial Performance - Net profit attributable to shareholders was CNY -2,779,899.37, a decrease of 371.47% year-on-year[6] - Operating revenue for the period was CNY 34,186,572.13, down 1.60% from the same period last year[6] - Basic earnings per share were CNY -0.0179, a decrease of 375.38% compared to the previous year[6] - Net profit for Q1 2016 was a loss of CNY 2,797,114.63, compared to a profit of CNY 1,047,792.30 in Q1 2015[24] - The net profit for Q1 2016 was -2,624,962.03 RMB, compared to a profit of 574,115.52 RMB in the same period last year[27] - The total comprehensive income for the period was -2,624,962.03 RMB, reflecting a decline compared to the previous year's figure[27] Asset and Liability Changes - Total assets decreased by 14.88% to CNY 759,738,676 compared to the end of the previous year[6] - Total assets decreased from CNY 892,575,853.78 to CNY 759,738,676.00, reflecting a significant reduction in current assets[17] - The company's total assets decreased to CNY 760,847,419.44 from CNY 890,006,491.82 at the beginning of the year, a decline of 14.6%[22] - Total liabilities decreased from CNY 182,081,329.34 to CNY 52,041,266.19, indicating a substantial reduction in current liabilities[18] - Current liabilities dropped significantly to CNY 27,171,123.35 from CNY 149,442,420.41, a reduction of 81.8%[21] Cash Flow Analysis - The net cash flow from operating activities was CNY -13,818,330.45, compared to CNY -8,226,395.77 in the previous year[6] - Cash inflow from operating activities totaled 26,671,742.59 RMB, an increase from 22,824,948.70 RMB year-over-year[30] - Cash outflow from operating activities was 40,490,073.04 RMB, up from 31,051,344.47 RMB in the previous year[30] - The net cash flow from investing activities was 136,539,568.17 RMB, a significant improvement from -45,618,235.00 RMB in the previous year[34] - Total cash outflow for financing activities was 90,516,444.45 RMB, compared to 1,478,750.01 RMB in the previous year[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,762[10] - The largest shareholder, Shenzhen Nanfang Tongzheng Investment Co., Ltd., held 16.07% of shares, totaling 25,400,898 shares[10] Changes in Financial Assets and Liabilities - Cash and cash equivalents decreased by 63.62% from CNY 248,320,318.18 to CNY 90,329,524.83 due to loan repayments and payment of goods[12] - Financial assets measured at fair value increased by 37.20% from CNY 80,647,013.70 to CNY 110,647,013.70 primarily due to the purchase of wealth management products[12] - Accounts receivable increased by 64.06% from CNY 17,372,038.20 to CNY 28,500,142.92 mainly due to the receipt of acceptance bills[12] - Prepayments decreased by 40.20% from CNY 13,497,064.37 to CNY 8,071,007.06 as the company reduced prepayments[12] - Interest receivable decreased by 75.23% from CNY 3,412,225.08 to CNY 845,350.08 due to the maturity of time deposits[12] - Accounts payable decreased by 54.36% from CNY 28,017,966.60 to CNY 12,787,598.04 due to payments made for goods[13] - Management expenses increased by 46.85% from CNY 2,430,026.39 to CNY 3,568,397.51 primarily due to an increase in intermediary service fees[13] Investment Income - The company reported a non-operating income of CNY 1,057,293.38 for the period[9] - Investment income increased by 244.23% from a loss of CNY 675,137.55 to a profit of CNY 973,767.10 mainly from interest received on wealth management products[13] - The company reported an investment income of CNY 973,767.10, compared to a loss of CNY 675,137.55 in the previous year[24] Operational Developments - The company has not disclosed any new product developments or market expansion strategies in this report[6]

Financial Performance - The company reported a net profit of -19,838,057.18 CNY for the year 2015, with cumulative distributable profits amounting to -91,673,319.72 CNY, leading to a proposal of no dividend distribution or capital increase [2]. - Total revenue for 2015 was 248,876,496.47 CNY, representing a 5.45% increase compared to 236,012,845.52 CNY in 2014 [15]. - The net profit attributable to shareholders was -19,812,531.92 CNY, a significant decrease of 995.12% from the previous year's profit of 2,213,383.00 CNY [15]. - The company experienced a cash flow from operating activities of -26,580,648.89 CNY, an improvement from -43,983,198.61 CNY in 2014 [15]. - The basic earnings per share for 2015 was -0.13 CNY, compared to 0.01 CNY in 2014, reflecting a decrease of 1,400% [16]. - The weighted average return on equity was -2.79% for 2015, down 3.1 percentage points from 0.31% in 2014 [16]. - The company reported a total share capital of 158,033,400 shares at the end of 2015, a slight increase of 0.35% from 157,483,400 shares at the end of 2014 [15]. - The company reported a significant decline in cash flow from operating activities, with a net cash outflow of -¥26,580,648.89 compared to -¥43,983,198.61 last year [37]. - The company reported a net profit attributable to shareholders of -19,812,531.92 RMB for 2015, indicating a loss compared to a profit of 2,213,383.00 RMB in 2014 [61]. Operational Highlights - The company achieved operating revenue of CNY 248,876,496.47, an increase from CNY 236,012,845.52 in the previous year [31]. - The company's sales expenses increased by 79.75% to CNY 17,667,532.42, primarily due to a significant rise in product maintenance costs [28]. - Product maintenance expenses surged by 155.10% to CNY 9,147,489.41, impacting overall profitability [31]. - Inventory increased by 34.71% to CNY 80,306,369.24, mainly due to higher work-in-progress in the power division [28]. - The company implemented a dual-channel sales strategy in the southwest region, enhancing sales capabilities and market control [32]. - Four new battery models were developed to meet retail market demands, improving product competitiveness [32]. - The production volume of starter batteries was 1,052,342 units, while sales volume reached 1,060,657 units, indicating a year-on-year increase of 18.00% and 21.29% respectively [40]. Financial Position - Total assets at the end of 2015 were 892,575,853.78 CNY, a slight decrease of 0.09% from 893,363,333.81 CNY at the end of 2014 [15]. - The company reported a total of 158,033,400 ordinary shares after an increase of 550,000 shares [84]. - The company reported a total asset of RMB 892,575,853.78 as of December 31, 2015, a slight decrease from RMB 893,363,333.81 at the beginning of the year [134]. - The company's total liabilities increased to RMB 182,081,329.34 from RMB 180,335,379.49, indicating a rise of about 1.0% [136]. - The company's equity attributable to shareholders decreased to RMB 709,485,517.39 from RMB 711,993,422.01, reflecting a decline of approximately 0.35% [136]. Cash Flow Analysis - The cash flow from financing activities resulted in a net outflow of CNY 8,410,944.46, compared to a net inflow of CNY 41,411,373.95 in the previous year [149]. - The cash and cash equivalents at the end of the year were CNY 56,385,557.57, a decrease from CNY 132,629,389.83 at the beginning of the year [149]. - Cash inflow from sales increased to ¥230,561,466.38 from ¥165,225,308.03, representing a growth of 39.5% year-over-year [151]. - The company reported a total cash decrease of ¥78,362,407.69 during the period, contrasting with an increase of ¥60,347,095.57 in the previous period [151]. Research and Development - Total R&D investment amounted to 1,751,206.23 yuan, representing 0.7% of operating revenue [44]. - Capitalized R&D investment accounted for 81.92% of total R&D expenditure [44]. - Research and development expenses increased by 83.93% to ¥1,751,206.23 from ¥952,100.77 [37]. Shareholder and Governance - The company has engaged Tianjian Accounting Firm for financial and internal control audits, with a remuneration of 400,000 RMB for the financial audit and 200,000 RMB for the internal control audit [63]. - The company has implemented an employee stock incentive plan, granting a total of 524,500 restricted shares to 33 incentive recipients [66]. - The company has not faced any risks of suspension from listing during the reporting period [64]. - The company has fulfilled all commitments made by its controlling shareholders and actual controllers [65]. - The company has a commitment to not transfer 19,073,500 shares acquired through a private placement for 36 months from the listing date, which is set to expire on October 10, 2016 [59]. Risk Management - The company faced significant risks as outlined in the board's report, which should be reviewed for potential impacts on future performance [4]. - The company faces risks related to raw material price fluctuations, particularly lead, which constitutes approximately 70% of production costs [54]. - The company emphasizes the importance of environmental protection and compliance with national standards in its operations [54]. Compliance and Internal Control - The company maintained an effective internal control system, as confirmed by an independent audit, with no significant deficiencies reported [128]. - The company has established a performance-based salary system for senior management, with annual performance bonuses contingent on achieving specific economic indicators [127]. - The company has not reported any mergers or acquisitions in the recent period [106]. Environmental and Social Responsibility - The company has actively fulfilled its social responsibilities, focusing on economic and social benefits [78]. - Environmental protection measures were emphasized, with no reported environmental accidents during the reporting period [79].

Financial Performance - Operating revenue for the first nine months was CNY 181,487,556.96, representing a year-on-year increase of 27.63%[7] - Net profit attributable to shareholders for the first nine months was CNY 9,973,365.84, up 62.21% from the same period last year[7] - Basic earnings per share increased by 61.54% to CNY 0.063[8] - Total operating revenue for Q3 2015 was ¥70,366,251.24, an increase of 4.5% compared to ¥67,329,438.10 in Q3 2014[32] - Net profit for Q3 2015 reached ¥8,035,035.36, compared to ¥3,963,421.60 in Q3 2014, representing a significant increase of 102.7%[33] - The net profit attributable to the parent company was ¥7,231,531.82 for Q3 2015, up from ¥3,924,397.55 in Q3 2014, marking an increase of 84.5%[33] - The net profit for the first nine months of 2015 was ¥9,862,974.77, up 71.5% compared to ¥5,758,267.78 in the same period last year[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 884,293,294.58, a decrease of 1.02% compared to the end of the previous year[7] - The company's current assets totaled CNY 520,540,897.54, down from CNY 550,843,542.20 at the beginning of the year, indicating a decrease of about 5.5%[24] - The total liabilities decreased to CNY 143,893,067.86 from CNY 180,335,379.49, a reduction of approximately 20.2%[26] - Total liabilities as of the end of Q3 2015 were ¥143,699,066.42, a decrease from ¥176,129,675.55 at the end of Q3 2014[30] - The total assets as of the end of Q3 2015 were ¥883,546,993.44, slightly down from ¥888,802,557.80 at the end of Q3 2014[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,792[12] - The largest shareholder, Shenzhen Nanfang Tongzheng Investment Co., Ltd., held 26.20% of the shares, with 41,400,898 shares[12] - Chongqing Electromechanical Holdings (Group) Co., Ltd. held 8.03% of the shares, with 12,695,898 shares[12] Cash Flow - Cash flow from operating activities for the first nine months was CNY 3,590,024.79, a decrease of 54.15% compared to the previous year[7] - The cash flow from operating activities for the first nine months of 2015 was ¥3,590,024.79, a decrease of 54.0% from ¥7,829,944.53 in the previous year[40] - Cash inflow from operating activities totaled $298.89 million, a slight increase of 3.7% compared to $289.54 million in the same period last year[43] - Net cash flow from operating activities was $1.42 million, a significant decrease of 91.6% from $16.94 million year-over-year[43] Investment Activities - The total cash inflow from investment activities was ¥283,043,351.31, significantly higher than ¥46,578,379.43 in the same period last year[40] - The company reported a net cash outflow from investment activities of ¥29,427,487.52, an improvement from a net outflow of ¥109,907,866.22 in the previous year[41] - Cash inflow from investment activities reached $283.04 million, a substantial increase from $46.58 million in the previous year[44] - Net cash flow from investment activities was -$29.43 million, an improvement from -$118.62 million in the same period last year[44] Future Plans - The company is planning a major asset restructuring involving the acquisition of an internet company, with stock trading suspended since August 18, 2015[18] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[35] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36]

Financial Performance - The company achieved operating revenue of ¥95,111,777.73, an increase of 27.05% compared to ¥74,863,713.44 in the same period last year[21]. - Net profit attributable to shareholders was ¥2,572,417.74, up 15.66% from ¥2,224,065.93 in the previous year[21]. - Basic earnings per share increased by 11.64% to ¥0.0163 from ¥0.0146 in the same period last year[16]. - The company reported a significant decline in net profit after deducting non-recurring gains and losses, with a loss of -¥3,781,422.83 compared to a profit of ¥2,178,584.91 in the previous year, a decrease of 273.57%[18]. - The company reported a total loss from derivative investments of RMB -2,139,945.26 in the first half of 2015[36]. - The total comprehensive income for the current period was ¥2,696,304.98, compared to ¥2,281,094.93 in the previous period, reflecting overall growth[68]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥33,973,405.49, a decrease of 264.85% compared to ¥20,608,321.53 in the previous year[18]. - Cash flow from operating activities increased to ¥80,175,601.07, a rise of 63.4% compared to ¥49,108,846.85 in the previous period[73]. - The total cash and cash equivalents at the end of the period was 67,377,734.14 RMB, down from 132,629,389.83 RMB at the beginning of the period[75]. - The company experienced a net decrease in cash and cash equivalents of 65,251,655.69 RMB during the period[75]. Operating Costs and Expenses - Operating costs increased by 29.72% to RMB 81,747,710.16, leading to a gross margin of 16.05%, which is an increase of 2.34 percentage points year-on-year[30]. - Sales expenses surged by 124.35% to RMB 8,067,804.08, while management expenses rose by 11.24% to RMB 9,457,438.03[26]. - Total operating costs amounted to ¥98,735,170.93, up 36.3% from ¥72,438,002.87 in the prior period[67]. Assets and Liabilities - The company's total assets decreased by 3.11% to ¥865,620,380.88 from ¥893,363,333.81 at the end of the previous year[18]. - Current assets decreased from CNY 550,843,542.20 to CNY 510,743,829.87, representing a reduction of about 7.3%[62]. - Total liabilities decreased from CNY 180,335,379.49 to CNY 148,031,671.58, a decline of about 17.9%[62]. - The company's equity attributable to shareholders increased from CNY 711,993,422.01 to CNY 716,430,289.75, an increase of approximately 0.6%[63]. Shareholder Information - The largest shareholder, Shenzhen Southern Investment Co., holds 41,400,898 shares, representing 26.29% of total shares[56]. - The company has issued 524,500 restricted shares to 85 incentive targets as part of its stock incentive plan[43]. - The company has committed to not transferring 19,073,500 shares subscribed during the non-public offering for 36 months from the listing date[48]. Corporate Governance - The company has established and improved its corporate governance structure in compliance with relevant laws and regulations[50]. - The report indicates that there are no changes in the controlling shareholder or actual controller[59]. - The company has not reported any significant litigation, arbitration, or bankruptcy restructuring matters during the reporting period[43]. Research and Development - Research and development expenses increased due to additional projects funded by the company's fundraising activities[24]. Investment Activities - The company reported a total of RMB 46,283.4 million in cumulative used fundraising, with RMB 20,583.4 million allocated to investment projects[27]. - The company has a total external equity investment of RMB 35 million, which increased by RMB 7 million compared to the beginning of the period[33]. Inventory and Receivables - Inventory increased from CNY 59,615,695.15 to CNY 77,260,988.20, representing a growth of about 29.6%[62]. - Total accounts receivable amounted to ¥84,239,228.54 with a bad debt provision of ¥22,295,445.29, resulting in a provision ratio of 26.47%[163]. Financial Reporting and Compliance - The company's financial statements comply with the requirements of the enterprise accounting standards, reflecting its financial position and operating results accurately[94]. - The company has not made any significant changes to its accounting policies during the reporting period[94].

Financial Performance - Operating revenue for the current period was CNY 34,743,359.10, an increase of 13.48% year-on-year [6]. - Net profit attributable to shareholders was CNY 1,466,352.48, representing a growth of 24.70% compared to the same period last year [6]. - The company's net profit for the year-to-date is not expected to incur significant losses compared to the same period last year [13]. - Total operating revenue for Q1 2015 was CNY 34,743,359.10, an increase of 13.9% compared to CNY 30,617,060.32 in the same period last year [21]. - Net profit for Q1 2015 was CNY 1,047,792.30, a decrease of 4.2% from CNY 1,093,949.82 in Q1 2014 [22]. - The total profit for Q1 2015 was CNY 574,115.52, a decrease from CNY 1,097,386.32 in the same period last year, indicating a decline of approximately 47.8% [26]. - The total comprehensive income for Q1 2015 was CNY 574,115.52, down from CNY 1,097,386.32, indicating a decline of approximately 47.8% [26]. Cash Flow - Cash flow from operating activities showed an improvement, with a net amount of -CNY 8,226,395.77, compared to -CNY 37,082,134.09 in the previous year [6]. - Cash inflow from operating activities was CNY 22,824,948.70, up from CNY 11,402,496.81, representing an increase of about 100.5% year-over-year [29]. - Total cash outflow from operating activities was CNY 31,051,344.47, down from CNY 48,484,630.90, indicating a decrease of approximately 35.9% [29]. - The net cash flow from operating activities was -CNY 8,226,395.77, an improvement from -CNY 37,082,134.09 in the previous year, showing a reduction in losses by approximately 77.8% [29]. - Cash and cash equivalents at the end of the period were CNY 77,306,009.05, down from CNY 11,260,044.32, indicating a decrease of approximately 686.5% [30]. - The company reported a cash inflow from sales of goods and services of CNY 16,915,031.47, which is a significant increase from CNY 8,894,971.22, marking an increase of about 90.5% [28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 892,721,741.96, a decrease of 0.07% compared to the end of the previous year [6]. - The total assets amounted to ¥892,721,741.96, a slight decrease from ¥893,363,333.81 at the beginning of the year [15]. - The company's total assets as of the end of Q1 2015 were CNY 890,689,879.48, slightly up from CNY 888,802,557.80 at the end of the previous year [19]. - The total liabilities were ¥178,645,995.34, down from ¥180,335,379.49 at the beginning of the year [16]. - Total liabilities increased to CNY 177,442,881.71 in Q1 2015 from CNY 176,129,675.55 in Q1 2014 [19]. - The company's total equity reached CNY 713,246,997.77, compared to CNY 712,672,882.25 in the same period last year [19]. Shareholder Information - The total number of shareholders at the end of the reporting period was 4,822 [10]. - The largest shareholder, Shenzhen Nanfang Tongzheng Investment Co., Ltd., held 26.29% of the shares, amounting to 41,400,898 shares [10]. - The controlling shareholder has committed to not transferring 19,073,500 shares for 36 months from the date of the non-public offering [12]. Expenses - Sales expenses grew by 84.48% to ¥2,324,770.04, driven by higher sales maintenance costs and an increase in sales personnel [12]. - Management expenses decreased by 35.68% to ¥2,430,026.39, reflecting the company's efforts to strengthen management and reduce expenditures [12]. - The company reported a decrease in management expenses to CNY 2,430,026.39 from CNY 3,778,078.13 year-over-year [22]. Other Financial Metrics - Basic and diluted earnings per share were CNY 0.0065, down 9.72% from CNY 0.0072 in the previous year [6]. - Basic earnings per share for Q1 2015 were CNY 0.0065, down from CNY 0.0072 in Q1 2014 [23]. - Non-recurring losses totaled CNY -442,327.85, impacting the overall financial performance [8]. - The company recorded an investment loss of CNY 675,137.55 in Q1 2015 [22]. - Financial assets measured at fair value increased by 76.23% to ¥88,247,377.27 due to the purchase of wealth management products [12]. - Notes receivable rose by 59.90% to ¥21,930,536.54, primarily due to an increase in bank acceptance bills [12]. - Prepayments surged by 568.37% to ¥15,774,674.27, attributed to the expansion of production scale and increased advance payments for materials [12]. - Other non-current assets increased by 820.32% to ¥11,043,585.97, mainly due to an increase in prepaid equipment [12]. - Cash outflow from investing activities totaled CNY 45,668,860.00, compared to CNY 23,435,626.55 in the same period last year, reflecting an increase of about 95.0% [33]. - The net cash flow from investing activities was -CNY 45,618,235.00, worsening from -CNY 23,238,740.55 year-over-year [33]. - The company paid CNY 1,478,750.01 in dividends and interest, slightly down from CNY 1,530,000.00, reflecting a decrease of about 3.4% [30].