证券代码：600854 证券简称：春兰股份 公告编号：2023-007 江苏春兰制冷设备股份有限公司 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： 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 05 月 09 日(星期二) 至 05 月 15 日(星期 一)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 clgfzqb@chunlan.com 进行提问。公司将在说明会上对 投资者普遍关注的问题进行回答。 江苏春兰制冷设备股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日发布公司 2022 年度报告，为便于广大投资者更全面深入 地了解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 05 月 16 日 下午 16:00-17:00 举行 2022 年度业绩说明会，就投资者关 心的问题进行交流。 一、 说明会类型 （一） 会议召 ...

[Key Financial Data](index=1&type=section&id=Key%20Financial%20Data) [Key Accounting Data and Financial Indicators](index=1&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2023, core financial indicators significantly declined, with operating revenue at **90.78 million Yuan** down 24.07% and net profit attributable to shareholders down 24.30%, while operating cash flow turned negative Key Financial Indicators for Q1 2023 | Indicator | Current Period (Yuan) | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 90,783,243.89 | -24.07% | | Net Profit Attributable to Shareholders of Listed Company | 23,535,719.95 | -24.30% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Items) | 22,291,310.26 | -27.60% | | Net Cash Flow from Operating Activities | -28,855,807.72 | -150.43% | | Basic Earnings Per Share (Yuan/share) | 0.0453 | -24.37% | | Weighted Average Return on Net Assets (%) | 1.0509% | Decrease 0.4166 percentage points | Key Asset and Equity Data at Period End | Indicator | End of Current Period (Yuan) | End of Prior Year (Yuan) | Change from Prior Year End (%) | | :--- | :--- | :--- | :--- | | Total Assets | 2,388,219,935.89 | 2,414,551,402.12 | -1.09% | | Total Equity Attributable to Shareholders of Listed Company | 2,267,766,203.53 | 2,227,812,637.95 | 1.79% | [Non-recurring Gains and Losses and Amounts](index=2&type=section&id=Non-recurring%20Gains%20and%20Losses%20and%20Amounts) Total non-recurring gains and losses for the period were **1.24 million Yuan**, mainly from debt restructuring, non-current asset disposal, and government grants Key Non-recurring Gains and Losses Items for Q1 2023 | Item | Amount (Yuan) | | :--- | :--- | | Debt Restructuring Gains/Losses | 1,116,835.27 | | Non-current Asset Disposal Gains/Losses | 322,818.66 | | Government Grants Recognized in Current Profit/Loss | 226,835.81 | | Other Non-operating Income and Expenses | 16,294.90 | | **Total** | **1,244,409.69** | [Analysis of Changes in Key Financial Indicators and Reasons](index=3&type=section&id=Analysis%20of%20Changes%20in%20Key%20Financial%20Indicators%20and%20Reasons) Several financial indicators changed significantly, with operating cash flow down 150.43% due to reduced sales collections, and investing cash flow up 553.53% from increased fixed asset disposal income Changes in Key Financial Indicators | Item Name | Change (%) | Primary Reason | | :--- | :--- | :--- | | Prepayments | 304.88 | Mainly due to increased prepayments for entrusted production | | Investment Income | 96.18 | Mainly due to increased debt restructuring gains | | Asset Disposal Gains | 67,969.30 | Mainly due to increased gains from fixed asset disposals | | Net Cash Flow from Operating Activities | -150.43 | Mainly due to decreased sales collections | | Net Cash Flow from Investing Activities | 553.53 | Mainly due to increased income from fixed asset disposals | [Shareholder Information](index=3&type=section&id=Shareholder%20Information) [Shareholding Status](index=3&type=section&id=Shareholding%20Status) As of period-end, the company had 35,009 common shareholders, with controlling shareholder Chunlan (Group) Company holding 25.34% and the top ten shareholder structure remaining stable - As of the end of the reporting period, the company had **35,009** common shareholders[9](index=9&type=chunk) Top Ten Shareholders' Shareholding | Shareholder Name | Shareholder Nature | Shareholding Percentage (%) | | :--- | :--- | :--- | | Chunlan (Group) Company | Other | 25.34 | | Taizhou City Construction Investment Group Co., Ltd. | State-owned Legal Person | 6.86 | | Jiangsu Communications Holding Co., Ltd. | State-owned Legal Person | 3.36 | | BERNIE INDUSTRIAL LIMITED | Overseas Legal Person | 2.24 | | Xu Yongzhao | Unknown | 0.93 | - The controlling shareholder, Chunlan (Group) Company, has no affiliated relationship with the other nine shareholders, and the company is unaware if other shareholders have acting-in-concert relationships[10](index=10&type=chunk) [Other Reminders](index=4&type=section&id=Other%20Reminders) [Other Important Information](index=4&type=section&id=Other%20Important%20Information) The company has no other significant operating information requiring special attention from investors during this reporting period - The company confirms no other significant operating information requires investor attention during the reporting period[11](index=11&type=chunk) [Quarterly Financial Statements](index=5&type=section&id=Quarterly%20Financial%20Statements) [Financial Statements](index=5&type=section&id=Financial%20Statements) [Consolidated Balance Sheet](index=5&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2023, total assets were **2.39 billion Yuan** (down 1.09%), total liabilities were **254.39 million Yuan** (down 21.75%), and equity attributable to parent company owners was **2.27 billion Yuan** (up 1.79%) Key Balance Sheet Items | Item | March 31, 2023 (Yuan) | December 31, 2022 (Yuan) | Change | | :--- | :--- | :--- | :--- | | **Total Assets** | **2,388,219,935.89** | **2,414,551,402.12** | **-1.09%** | | Total Current Assets | 1,250,930,402.56 | 1,291,107,365.91 | -3.11% | | Total Non-current Assets | 1,137,289,533.33 | 1,123,444,036.21 | +1.23% | | **Total Liabilities** | **254,395,816.61** | **325,111,680.29** | **-21.75%** | | Total Current Liabilities | 222,295,997.76 | 297,932,413.42 | -25.39% | | **Total Owners' Equity** | **2,133,824,119.28** | **2,089,439,721.83** | **+2.12%** | | Total Owners' Equity Attributable to Parent Company | 2,267,766,203.53 | 2,227,812,637.95 | +1.79% | [Consolidated Income Statement](index=7&type=section&id=Consolidated%20Income%20Statement) In Q1 2023, operating revenue decreased by 24.07% to **90.78 million Yuan**, total operating costs decreased by 18.47%, and net profit attributable to parent company shareholders declined by 24.30% Core Income Statement Data (Q1 2023 vs Q1 2022) | Item | Q1 2023 (Yuan) | Q1 2022 (Yuan) | YoY Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 90,783,243.89 | 119,565,747.02 | -24.07% | | Total Operating Costs | 53,028,458.00 | 65,041,853.82 | -18.47% | | Operating Profit | 38,262,448.34 | 52,200,775.44 | -26.70% | | Total Profit | 37,468,395.09 | 51,485,470.19 | -27.23% | | Net Profit | 27,966,551.82 | 37,218,157.71 | -24.86% | | Net Profit Attributable to Parent Company Shareholders | 23,535,719.95 | 31,090,254.01 | -24.30% | | Basic Earnings Per Share (Yuan/share) | 0.0453 | 0.0599 | -24.37% | [Consolidated Cash Flow Statement](index=10&type=section&id=Consolidated%20Cash%20Flow%20Statement) In Q1 2023, net cash flow from operating activities was **-28.86 million Yuan**, a 150.43% deterioration year-over-year, primarily due to significantly reduced cash from sales Key Cash Flow Statement Data (Q1 2023 vs Q1 2022) | Item | Q1 2023 (Yuan) | Q1 2022 (Yuan) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -28,855,807.72 | 57,217,004.49 | | Net Cash Flow from Investing Activities | 398,573.45 | -87,882.80 | | Net Cash Flow from Financing Activities | 0.00 | -3,342,888.77 | | Net Increase in Cash and Cash Equivalents | -28,457,234.27 | 53,786,232.92 | - Cash outflow from operating activities was primarily due to cash received from sales of goods and services plummeting from **98.34 million Yuan** in the prior year to **32.31 million Yuan** this year[21](index=21&type=chunk)

Financial Performance - In 2022, the company achieved a net profit attributable to shareholders of RMB 122,863,121.99, representing a 23.81% increase compared to RMB 99,233,155.68 in 2021[5]. - The company's operating revenue for 2022 was RMB 281,827,121.13, up 19.49% from RMB 235,858,311.87 in 2021[24]. - The basic earnings per share for 2022 was RMB 0.2365, an increase of 23.82% from RMB 0.1910 in 2021[24]. - The overall annual revenue for 2022 was ¥28,182.71 million, representing a year-on-year growth of 19.49%, primarily due to increased sales from residential projects[35]. - The net profit attributable to shareholders for the year was ¥12,286.31 million, reflecting a year-on-year increase of 23.81% despite a decrease in dividend income from equity investments[35]. - The company reported a net loss of CNY 421,317,124.23 in 2022, improving from a net loss of CNY 494,831,674.06 in 2021[161]. - The company reported a total comprehensive income of ¥29,363,798.89 for 2022, compared to ¥83,945,476.18 in 2021, showing a decline of about 65.0%[172]. Cash Flow and Assets - The net cash flow from operating activities decreased by 69.35% to RMB 90,642,271.74 from RMB 295,727,196.53 in 2021[24]. - The total assets at the end of 2022 were RMB 2,414,551,402.12, a decrease of 1.56% from RMB 2,452,773,067.57 at the end of 2021[24]. - The company's total assets decreased to CNY 2,414,551,402.12 in 2022 from CNY 2,452,773,067.57 in 2021, a decline of about 1.6%[161]. - Total current assets decreased to CNY 1,291,107,365.91 in 2022 from CNY 1,386,464,619.00 in 2021, a decline of approximately 6.9%[159]. - Cash and cash equivalents increased to CNY 1,027,109,493.86 in 2022, up from CNY 943,341,648.93 in 2021, representing a growth of about 8.9%[159]. Market and Industry Trends - The domestic air conditioning market saw a total shipment of approximately 83.15 million units in 2022, a decline of 5.73% year-on-year, impacting the company's sales performance[36]. - The real estate market faced challenges in 2022, with a decline in development investment and sales, although government policies aimed at stimulating the market were introduced[37]. - The air conditioning market is facing insufficient internal demand and increasing external challenges, with a focus on product innovation such as new air conditioning technologies and smart solutions[71]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of RMB 1.15 per 10 shares, totaling RMB 59,737,731.87[5]. - The company distributed dividends totaling ¥49.35 million during the year, compared to ¥19.74 million in the previous year[179]. - The company has maintained a stable cash dividend policy, ensuring communication with shareholders regarding profit distribution plans[105]. Operational Challenges - The company experienced a cash flow from operating activities of ¥57,217,004.49 in Q1, which decreased to ¥42,497,455.30 in Q2, and turned negative in Q3 and Q4 with -¥1,689,310.53 and -¥7,382,877.52 respectively[26]. - Air conditioning product revenue decreased by 63.13% to CNY 58.28 million due to reduced shipment volumes[45]. - Real estate development costs surged by 2,541.55% to ¥49,519,929.14, representing 65.42% of total real estate costs[53]. Governance and Compliance - The company has established a robust corporate governance structure, ensuring clear responsibilities among the shareholders, board of directors, and management[78]. - The company has improved its information disclosure practices, ensuring transparency and compliance with legal requirements[81]. - The audit report highlighted the importance of identifying and evaluating risks of material misstatement due to fraud or error[156]. Future Outlook and Strategy - The company expects a moderate recovery in new home transaction volume in 2023, influenced by government measures and easing mortgage policies[72]. - The company aims to achieve a net profit attributable to shareholders of no less than 140 million yuan in 2023, although this target is subject to market conditions and uncertainties[74]. - The company is focusing on developing major clients to meet annual operational goals and enhance market presence through various promotional activities[74]. Environmental and Social Responsibility - The company has implemented a wastewater treatment process that includes "air flotation - chemical dosing - sedimentation" followed by biological treatment[118]. - The company has established emergency response plans for various environmental incidents, which have been approved by the relevant environmental authorities[121]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[123].

2022 年第三季度报告 证券代码：600854 证券简称：春兰股份 江苏春兰制冷设备股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | | | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 32,138,460.76 | 21.27 | 264,691,011.1 ...

Financial Performance - The company's operating revenue for the first half of 2022 was RMB 232,552,550.38, representing a 20.83% increase compared to RMB 192,469,535.89 in the same period last year[16]. - The net profit attributable to shareholders of the listed company reached RMB 87,333,024.72, a significant increase of 2,382.51% from RMB 3,517,934.63 in the previous year[16]. - The basic earnings per share for the first half of 2022 was RMB 0.1681, up 2,372.06% from RMB 0.0068 in the same period last year[17]. - The weighted average return on net assets increased to 4.0840%, up by 3.9129 percentage points compared to 0.1711% in the previous year[17]. - The company achieved operating revenue of CNY 232.55 million, a year-on-year increase of 20.83% due to the completion and sale of developed properties[27]. - The net profit attributable to shareholders reached CNY 87.33 million, representing a significant increase of 2382.51% compared to the previous year, driven by higher property sales profits and increased investment income from the Taizhou power plant[27]. Cash Flow and Assets - The net cash flow from operating activities was RMB 99,714,459.79, a decrease of 3.96% from RMB 103,826,511.40 in the same period last year[16]. - The total assets at the end of the reporting period were RMB 2,384,979,857.61, down 2.76% from RMB 2,452,773,067.57 at the end of the previous year[16]. - The company's cash and cash equivalents increased to RMB 998,185,459.97 from RMB 943,341,648.93, representing a growth of approximately 5.83%[72]. - The total assets as of June 30, 2022, amounted to RMB 2,384,979,857.61, a decrease from RMB 2,452,773,067.57 at the beginning of the period, reflecting a decline of approximately 2.76%[72]. - Current assets totaled RMB 1,289,933,943.66, down from RMB 1,386,464,619.00, indicating a decrease of about 6.97%[72]. Operating Costs and Expenses - The company reported a decrease in operating costs by 8.13%, from CNY 121.61 million to CNY 111.72 million[28]. - Sales expenses decreased by 73.83%, from CNY 30.22 million to CNY 7.91 million, indicating improved cost management[28]. - The company’s research and development expenses decreased by 20.09%, from CNY 423.13 thousand to CNY 338.10 thousand[28]. Market Conditions and Strategy - The real estate market is under pressure, with weak demand and falling prices, leading to fewer new sales contracts for the company[23]. - The company is focusing on enhancing its market sensitivity and implementing flexible promotional activities to adapt to the real estate market's challenges[26]. - The company plans to adjust its pricing strategy and target quality customers to achieve its annual operational goals[26]. Shareholder Information - The company reported a total of 41,506 common shareholders as of the end of the reporting period[63]. - The largest shareholder, Chunlan (Group) Company, holds 131,630,912 shares, representing 25.34% of the total shares[65]. - The second-largest shareholder, Taizhou Urban Construction Investment Group Co., Ltd., holds 35,644,201 shares, accounting for 6.86%[65]. Risk Management and Compliance - The company has not identified any significant risk events during the reporting period[6]. - The company has implemented environmental monitoring and has not faced any administrative penalties related to environmental issues during the reporting period[51]. - The company has established emergency response plans for environmental incidents and conducts regular drills to ensure timely responses[48]. Investment Income - Investment income amounted to 23,014,015.06 yuan, primarily from dividend income on other equity investments, indicating a sustainable source of profit[31]. - The company reported an investment income of ¥23,014,015.06 for the first half of 2022, compared to a loss of ¥1,608,456.31 in the same period of 2021[80]. Financial Position - The total liabilities decreased to RMB 352,102,634.32 from RMB 498,602,742.40, a decline of about 29.39%[74]. - The company's equity attributable to shareholders increased to RMB 2,173,539,502.75 from RMB 2,102,988,078.47, showing an increase of approximately 3.30%[74]. - The company’s total liabilities and equity at the end of the current period reflect a stable financial position despite the fluctuations in profits[97]. Accounting Policies and Practices - The company adheres to the accounting standards and principles, ensuring the accuracy and completeness of its financial statements[107]. - The company has confirmed that it does not have any significant changes in accounting policies or estimates during the reporting period[193]. - The company recognizes financial assets or liabilities when it becomes a party to a financial instrument contract[123]. Bad Debt and Receivables - The total accounts receivable at the end of the period amounted to CNY 5,281,447.75, with a bad debt provision of CNY 122,796.46, representing 2.33% of the total[197]. - The company has a total bad debt provision of CNY 122,796.46, which is a decrease from the previous period's provision of CNY 672,260.99[199]. - The overall bad debt provision ratio has improved, reflecting better credit management practices[197].

Financial Performance - In 2021, the company achieved a net profit attributable to shareholders of 99,233,155.68 yuan, representing a 149.09% increase compared to 39,838,468.47 yuan in 2020[5]. - The company's operating income for 2021 was 235,858,311.87 yuan, a decrease of 7.66% from 255,424,660.86 yuan in 2020[20]. - The net cash flow from operating activities surged to 295,727,196.53 yuan, a significant increase of 790.31% compared to 33,216,378.32 yuan in 2020[20]. - The basic earnings per share for 2021 were 0.1910 yuan, up 149.02% from 0.0767 yuan in 2020[21]. - The weighted average return on equity increased to 4.7357% in 2021, up by 2.7612 percentage points from 1.9745% in 2020[21]. - The company achieved a year-on-year revenue decrease of 7.66% for the reporting period, totaling CNY 235.86 million, while net profit attributable to shareholders increased by 149.09% to CNY 99.23 million[31]. - The net profit attributable to the parent company was CNY 99.23 million, an increase of 149.09% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY 97.35 million, up 158.92%[39]. - The company reported a net profit of ¥64,302,525.24 for the period, reflecting a significant increase compared to the previous year[194]. Assets and Liabilities - The total assets of the company at the end of 2021 were 2,452,773,067.57 yuan, reflecting a 10.81% increase from 2,213,551,515.63 yuan in 2020[20]. - The company's total assets reached CNY 2.45 billion, reflecting a growth of 10.81% from the end of the previous year[39]. - Total liabilities rose to ¥498,602,742.40 in 2021, compared to ¥304,877,853.39 in 2020, reflecting an increase of approximately 63.5%[161]. - The company's equity attributable to shareholders increased to ¥2,102,988,078.47 in 2021, up from ¥2,057,320,379.17 in 2020, a growth of 2.2%[162]. - The total liabilities at the end of the period were not explicitly stated but are implied to have increased due to the reported losses[186]. Cash Flow - The company reported a net cash flow from operating activities of CNY 295.73 million, a substantial increase of 790.31% year-on-year, attributed to higher sales of inventory and pre-sale funds from real estate[41]. - Cash flow from operating activities increased significantly to CNY 295.73 million, up 790.31% compared to CNY 33.22 million in the previous period, primarily due to increased sales of inventory products and pre-sale collections from real estate[61]. - The company reported a net cash inflow from investment activities amounted to ¥118,971,759.50, a significant increase from ¥91,597,978.51 in the previous year, representing a growth of approximately 29.9%[176]. - The net cash outflow from financing activities was ¥22,739,424.64, compared to a net outflow of ¥20,778,341.52 in the previous year, indicating an increase of about 9.5%[176]. Market and Competition - The company is facing increased competition in the air conditioning market, with profit margins being squeezed due to rising costs and declining domestic demand growth[32]. - The company continues to face challenges in the air conditioning market due to high material costs and competitive pressures, impacting its market share[35]. - The company is actively expanding its marketing channels and optimizing its sales processes to enhance customer engagement and sales performance[30]. - The company plans to enhance its air conditioning sales through multi-channel strategies and by developing provincial agents in untapped areas[71]. Dividends and Shareholder Information - The company proposed a cash dividend of 0.95 yuan per 10 shares, totaling 49,348,561.11 yuan to be distributed to shareholders[5]. - The proposed cash dividend for 2020 is 0.38 yuan per 10 shares, totaling 19,739,424.64 yuan distributed to shareholders[103]. - The total number of ordinary shareholders increased from 34,241 to 39,586 during the reporting period, representing a growth of approximately 15.5%[136]. - The largest shareholder, Chunlan Group, holds 131,630,912 shares, accounting for 25.34% of the total shares[138]. Research and Development - The total R&D expenditure was ¥915,329.58, accounting for 0.388% of the operating revenue[54]. - Research and development investments increased by 30%, focusing on innovative cooling technologies[87]. - The company has developed new air conditioning products that meet the new energy efficiency standards, although rising material costs have impacted pricing strategies[29]. Environmental Compliance - The company is a key pollutant discharge unit, with specific pollutant discharge limits established, including 28.8 tons of COD and 2.592 tons of ammonia nitrogen[111]. - The company has implemented a wastewater treatment process involving "flotation - dosing - sedimentation," ensuring compliance with municipal sewage standards[113]. - The company conducted internal monitoring of wastewater treatment and quarterly third-party testing, confirming all emissions meet regulatory standards[116]. - No administrative penalties were incurred due to environmental issues during the reporting period, reflecting strict adherence to environmental regulations[117]. Corporate Governance - The company emphasizes the importance of maintaining a robust corporate governance structure to protect shareholder rights and ensure compliance with regulations[75]. - The board of directors held 11 meetings during the reporting period, discussing various financial reports and strategic decisions[95]. - The company has implemented a performance evaluation mechanism for senior management, linking their compensation to company performance, with no annual bonuses awarded due to losses in the main air conditioning business[106]. Future Outlook - The company anticipates a gradual recovery in the real estate market in the second half of 2022, following a period of price promotions and local construction initiatives[68]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[86]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[179].

2022 年第一季度报告 证券代码：600854 证券简称：春兰股份 江苏春兰制冷设备股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期增减 变动幅度(%) | | | --- | --- | --- | --- | | 营业收入 | 119,565,747.02 | | -5.05 | | 归属于上市公司股东的净利润 | 31,090,254.01 | | 504.39 | | 归属于上市公司股东的扣除非经常性 损益的净利润 | 30,788,608.31 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 26,501,144.83, a decrease of 60.14% compared to the same period last year[5]. - Net profit attributable to shareholders for the third quarter reached CNY 94,194,898.61, an increase of 920.16% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 93,975,935.44, up 963.77% from the previous year[5]. - The basic earnings per share for the third quarter was CNY 0.1813, reflecting an increase of 918.54% year-on-year[6]. - The net profit for Q3 2021 was CNY 103,724,914.50, a significant increase from CNY 57,907,200.45 in Q3 2020, representing an increase of approximately 79.2%[21]. - The net profit attributable to shareholders of the parent company was CNY 97,712,833.24, up from CNY 54,128,717.71, reflecting an increase of about 80.5% year-over-year[22]. - The total comprehensive income for Q3 2021 was CNY 72,883,938.93, compared to CNY 78,631,682.33 in the same period last year, indicating a decrease of approximately 7.1%[23]. - Basic and diluted earnings per share for Q3 2021 were both CNY 0.1881, compared to CNY 0.1042 in Q3 2020, marking an increase of approximately 80.5%[23]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,487,374,182.33, representing a 12.37% increase from the end of the previous year[6]. - Current assets totaled ¥1,408,191,585.23, up from ¥1,066,235,886.83 at the end of 2020, marking a significant increase of 32.1%[16]. - The company's total liabilities as of September 30, 2021, were ¥530,485,302.13, compared to ¥304,877,853.39 at the end of 2020, representing a rise of 74.0%[18]. - Total liabilities were approximately $311.91 million, with current liabilities accounting for approximately $283.25 million, including accounts payable of approximately $139.96 million[30]. - Shareholders' equity stood at approximately $1.91 billion, with a capital reserve of approximately $1.54 billion and retained earnings showing a deficit of approximately $574.33 million[30]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 225,777,412.47, with a significant increase of 2,357.98%[6]. - Cash flow from operating activities for the first nine months of 2021 was CNY 225,777,412.47, a substantial increase from CNY 9,185,485.23 in the same period of 2020[24]. - Cash inflow from operating activities totaled CNY 383,212,293.00, compared to CNY 138,125,519.68 in the previous year, representing an increase of about 177.6%[24]. - The net cash flow from investing activities was CNY 37,411,430.13, significantly higher than CNY 3,190,076.73 in the same period last year[25]. - The ending balance of cash and cash equivalents as of September 30, 2021, was CNY 792,722,325.20, up from CNY 464,446,825.61 at the end of Q3 2020[25]. Market and Operational Insights - The company attributed the decline in operating revenue to increased market competition and rising raw material prices, which affected the sales volume of air conditioning products[11]. - The company confirmed that the increase in net profit was primarily due to investment income from other equity instruments recognized during the reporting period[10]. - The company continues to explore market expansion opportunities and new product development strategies to enhance growth prospects[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,911[12]. - The company's equity attributable to shareholders was ¥2,104,476,696.33, compared to ¥2,057,320,379.17 at the end of 2020, indicating a growth of 2.3%[18].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥192,469,535.89, representing a 40.49% increase compared to ¥136,994,378.22 in the same period last year[17]. - The net profit attributable to shareholders of the listed company decreased by 92.16% to ¥3,517,934.63 from ¥44,895,381.44 year-on-year[17]. - The net cash flow from operating activities surged by 1,206.01% to ¥103,826,511.40, compared to ¥7,949,922.07 in the previous year[17]. - The total assets increased by 8.38% to ¥2,399,021,077.78 from ¥2,213,551,515.63 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company rose by 0.50% to ¥2,067,646,160.21 from ¥2,057,320,379.17 at the end of the previous year[17]. - Basic earnings per share decreased by 92.13% to ¥0.0068 from ¥0.0864 in the same period last year[18]. - The weighted average return on net assets dropped by 2.04 percentage points to 0.1711% compared to 2.2109% in the previous year[18]. - The company reported non-recurring gains and losses totaling ¥1,322,321.86 for the period[20]. - The company achieved operating revenue of 192.47 million yuan in the first half of 2021, a 40.49% increase compared to the same period last year, primarily due to the complete digestion of inventory air conditioners[29]. - The net profit attributable to shareholders was 3.52 million yuan, a decrease of 92.16% year-on-year, mainly because the company could not confirm investment income from the Taizhou power plant and Longyuan Taizhou company due to the absence of dividend resolutions[29]. - The company’s cash flow from operating activities increased significantly to 103.83 million yuan, a 1,206.01% increase compared to the previous year, driven by increased payments from air conditioning and real estate sales[31]. Assets and Liabilities - Accounts receivable increased to $173.91 million, representing 7.25% of total assets, up 74.50% year-over-year due to air conditioning sales[33]. - Prepayments rose to $6.39 million, accounting for 0.27% of total assets, a significant increase of 276.72% year-over-year due to prepayments for air conditioning production[33]. - Contract liabilities increased by 130.15% year-over-year to $124.80 million, representing 5.20% of total assets, primarily due to an increase in advance payments for property sales[33]. - Other payables increased by 58.40% year-over-year to $45.90 million, accounting for 1.91% of total assets, mainly due to accrued installation and maintenance fees[34]. - Deferred income tax liabilities rose by 47.09% year-over-year to $27.63 million, representing 1.15% of total assets, attributed to the fair value increase of other equity instruments[34]. - Total liabilities increased to RMB 480,064,356.22 from RMB 304,877,853.39, marking a significant rise of approximately 57.38%[79]. - The total liabilities to total assets ratio increased, reflecting a higher leverage position for the company[79]. Market and Sales - The company’s sales expenses rose by 46.90% to 30.22 million yuan, reflecting increased costs associated with higher air conditioning sales[30]. - The real estate market in Taizhou showed a trend of rising volume and price in the first half of 2021, but sales are expected to decline in the second half due to tightening macro policies[24]. - The company’s investment income is expected to increase by 28.82 million yuan in the second half of the year, following the anticipated dividends from its investments[29]. - The company has successfully developed a B2B online sales platform, leveraging its brand advantage and service network, with expectations for continued growth in online sales[28]. Environmental and Regulatory Compliance - The company has established an emergency response plan for environmental incidents and has been monitoring its wastewater treatment processes regularly[51]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[53]. - The company’s pollution control facilities are operating normally, with regular inspections and maintenance conducted[49]. - The company has not disclosed any significant changes in its environmental information or commitments during the reporting period[56]. Corporate Governance and Management - The company has appointed a new deputy general manager, Ren Suqin, while board member Yu Changliang has resigned[45]. - The company maintains a good integrity status, with no outstanding court judgments or significant debts due[60]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[46]. - The company engaged in related party transactions, purchasing products and materials from Jiangsu Chunlan Air Conditioning Equipment Co., Ltd. for a total of 3.6686 million RMB, accounting for 48.06% of similar transactions[61]. Strategic Focus and Future Plans - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development and strategic initiatives[80]. - The management emphasized the importance of strategic acquisitions to drive future growth and market presence[102]. - The company plans to enhance its market expansion efforts and invest in new product development in the upcoming quarters[102]. Financial Reporting and Accounting Policies - The company follows the enterprise accounting standards, ensuring that financial statements reflect its financial position accurately[115]. - The company’s accounting period runs from January 1 to December 31 each year[116]. - The company’s financial statements are prepared based on actual transactions and events[113]. - The company recognizes revenue when control of the goods is transferred to the customer, which occurs upon delivery or when the customer accepts the goods[194]. - For real estate sales, revenue is recognized upon delivery of the property, or when the delivery notice is issued, payment is received, and risks have been transferred to the customer[195].

Financial Performance - Operating revenue surged by 289.19% to CNY 125,924,735.28 year-on-year[5] - Net profit attributable to shareholders reached CNY 5,144,055.09, a significant recovery from a loss of CNY 5,090,728.09 in the same period last year[5] - Basic and diluted earnings per share were both CNY 0.0099, compared to a loss of CNY 0.0098 per share in the previous year[5] - Operating profit for Q1 2021 was ¥13,636,022.81, compared to a loss of ¥765,706.65 in Q1 2020[23] - Net profit for Q1 2021 was ¥8,401,049.46, recovering from a net loss of ¥4,470,415.66 in Q1 2020[23] - The company reported a total comprehensive income of ¥24,496,988.00 for Q1 2021, compared to ¥10,875,280.20 in Q1 2020[24] - The net profit for Q1 2021 reached ¥30,508,679.39, compared to a net loss of ¥11,088,974.08 in Q1 2020, indicating a turnaround in profitability[26] - The total comprehensive income for Q1 2021 was ¥46,604,617.93, a substantial increase from ¥4,256,721.78 in Q1 2020[26] Cash Flow and Liquidity - Net cash flow from operating activities improved to CNY 62,713,365.38, compared to a negative cash flow of CNY 17,704,588.14 in the previous year[5] - The cash flow from operating activities for Q1 2021 was ¥62,713,365.38, a significant improvement from a negative cash flow of ¥17,704,588.14 in Q1 2020[28] - The cash and cash equivalents at the end of Q1 2021 amounted to ¥616,782,102.43, up from ¥462,963,333.77 at the end of Q1 2020, reflecting a net increase of ¥62,555,974.87[29] - The total cash and cash equivalents at the end of Q1 2021 reached ¥368,983,498.23, up from ¥255,189,361.94 at the end of Q1 2020, indicating a year-over-year increase of approximately 44.5%[31] Assets and Liabilities - Total assets increased by 4.35% to CNY 2,309,860,368.03 compared to the end of the previous year[5] - The total liabilities increased to ¥376,695,060.78 from ¥304,877,853.39, reflecting a growing financial obligation[16] - Total assets as of March 31, 2021, amounted to ¥2,963,221,258.07, up from ¥2,902,405,390.73 at the end of 2020[20] - Total liabilities increased to ¥115,338,213.03 in Q1 2021 from ¥101,121,620.63 in Q1 2020[19] - The total current liabilities include accounts payable of $38,251,319.84 and contract liabilities of $443,796.05[39] Shareholder Information - The total number of shareholders was 27,046, indicating a stable shareholder base[8] - The largest shareholder, Chunlan Group, holds 25.34% of the shares, indicating strong control by the major shareholder[9] Operating Costs and Expenses - Operating costs surged to ¥81,212,903.54, reflecting a 439.94% increase from ¥15,041,148.17 in the same period last year, primarily due to increased air conditioning sales[11] - The company recorded a significant increase in sales expenses, which reached ¥22,072,127.09, a 606.55% rise from ¥3,123,914.48 in Q1 2020, linked to the growth in air conditioning sales[11] - The total operating expenses for Q1 2021 were ¥30,179,980.09, compared to ¥6,622,102.76 in Q1 2020, reflecting an increase in costs associated with business growth[25] Research and Development - The company reported a 200% increase in development expenses, totaling ¥213,962.26, up from ¥71,320.75 in the previous year, attributed to higher software development costs[11] - Research and development expenses for Q1 2021 were ¥212,319.06, a decrease from ¥282,713.50 in Q1 2020, reflecting a focus on cost management[22] Other Financial Metrics - Non-recurring gains and losses totaled CNY 425,584.45, including government subsidies of CNY 303,413.87[7] - The weighted average return on equity was 0.2497%, a recovery from -0.2538% in the same period last year[5] - The company recorded a credit impairment loss of ¥49,462,375.19 in Q1 2021, indicating potential challenges in asset quality[26] - The company reported a financial income of ¥3,459,558.34 in Q1 2021, compared to ¥2,468,070.07 in Q1 2020, showing an increase in interest income[25] New Standards and Regulations - The company implemented a new leasing standard starting January 1, 2021, which resulted in the recognition of right-of-use assets and lease liabilities[35] - The company has not made any adjustments to comparative data prior to the implementation of the new leasing standards[40]