淮北矿业控股股份有限公司 关于财务公司为关联方提供金融服务的 风险持续评估报告 淮北矿业集团财务有限公司（下称"财务公司"）为淮北矿业控股股份有限公司 （下称"公司"）控股子公司，是一家为成员单位提供金融服务的非银行金融机构。 根据《上海证券交易所上市公司自律监管指引第5号—交易与关联交易》和《企业集团 财务公司管理办法》的要求，公司对下属财务公司2023年半年度为淮北矿业（集团） 有限责任公司（下称"淮北矿业集团"）及其下属成员单位（不含本公司及其合并报 表范围内的下属公司）等关联方提供存款、贷款等金融服务进行风险持续评估，具体 情况报告如下： 一、财务公司基本情况 财务公司成立于2014年4月16日，是经中国银行保险监督管理委员会批准成立的非 银行金融机构。 经营范围：对成员单位办理财务和融资顾问、信用鉴证及相关的咨询、代理业 务；协助成员单位实现交易款项的收付；经批准的保险代理业务；对成员单位提供担 保；办理成员单位之间的委托贷款；对成员单位办理票据承兑与贴现；办理成员单位 之间的内部转账结算及相应的结算、清算方案设计；吸收成员单位的存款；对成员单 位办理贷款及融资租赁；从事同业拆借；承销成员单位的企业 ...

淮北矿业控股股份有限公司 关于召开 2023 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投资者可于 2023 年 8 月 29 日(星期二)至 9 月 4 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 zqtzb@hbcoal.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。 公司将于 2023 年 8 月 30 日发布公司 2023 年半年度报告，为便于广大投资 者更全面深入地了解公司 2023 年半年度经营成果、财务状况，公司计划于 2023 年 9 月 5 日上午 10:00-11:00 举行 2023 年半年度业绩说明会，就投资者关心的 问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2023 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范 围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 | 股票代码：600985 | ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 18,993,974,171.19, representing a 6.04% increase compared to CNY 17,912,007,723.68 in the same period last year[3] - Net profit attributable to shareholders for Q1 2023 was CNY 2,111,326,823.64, a 30.60% increase from CNY 1,621,116,674.40 in the previous year[3] - The net profit after deducting non-recurring gains and losses was CNY 2,074,802,889.73, reflecting a 25.88% increase from CNY 1,652,758,068.89 year-on-year[3] - The basic earnings per share for Q1 2023 was CNY 0.85, up 30.77% from CNY 0.65 in the same quarter last year[3] - Total revenue for Q1 2023 reached ¥19,043,450,764.32, an increase of 6.1% compared to ¥17,945,258,715.64 in Q1 2022[16] - Operating profit for Q1 2023 was ¥2,539,880,412.53, up from ¥2,139,155,023.38 in Q1 2022, reflecting a growth of 18.7%[17] - Net profit for Q1 2023 amounted to ¥2,120,269,916.93, compared to ¥1,769,958,253.22 in Q1 2022, representing a year-over-year increase of 19.8%[17] - Earnings per share for Q1 2023 were ¥0.85, compared to ¥0.65 in Q1 2022, indicating a growth of 30.8%[17] Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 87,024,829,483.05, a 3.56% increase from CNY 84,035,481,271.96 at the end of the previous year[4] - Total current assets as of March 31, 2023, amount to CNY 22,718,422,354.99, an increase from CNY 21,040,926,710.40 in the previous period[12] - Total liabilities as of Q1 2023 were ¥46,498,415,144.83, slightly up from ¥46,032,932,061.46 in Q1 2022[15] - Total equity increased to ¥40,526,414,338.22 in Q1 2023 from ¥38,002,549,210.50 in Q1 2022, marking a growth of 6.6%[16] - The company's total assets as of March 31, 2023, were CNY 26,726,977,610.64, an increase from CNY 26,618,197,117.55 at the end of 2022[22] - The total liabilities amounted to CNY 3,836,912,916.12, slightly up from CNY 3,805,121,899.86 at the end of 2022[23] - The company's total equity reached CNY 22,890,064,694.52, compared to CNY 22,813,075,217.69 at the end of 2022, reflecting a growth in shareholder value[23] Cash Flow - The net cash flow from operating activities decreased by 23.53% to CNY 1,372,918,703.58, down from CNY 1,795,392,258.40 in the same period last year[3] - In Q1 2023, the company's operating cash flow net amount was CNY 1,372,918,703.58, a decrease of 23.5% compared to CNY 1,795,392,258.40 in Q1 2022[19] - Total cash inflow from operating activities was CNY 17,853,728,357.49, down 9.1% from CNY 19,643,925,133.07 in the same period last year[19] - Cash inflow from financing activities totaled CNY 842,000,900.00, a decrease of 32.3% from CNY 1,243,739,672.95 in the previous year[20] - The company reported a net cash outflow from investing activities of CNY -1,699,448,141.16, compared to CNY -1,175,579,058.80 in Q1 2022, indicating increased investment expenditures[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,007[9] - The largest shareholder, HuaiBei Mining (Group) Co., Ltd., holds 1,603,035,295 shares, representing 64.61% of total shares[9] Investment and Expenses - Research and development expenses for Q1 2023 were ¥404,695,810.94, compared to ¥374,738,383.00 in Q1 2022, reflecting a 7.9% increase[16] - The company reported a total operating cost of ¥16,444,614,363.85 for Q1 2023, which is an increase of 3.7% from ¥15,862,454,738.24 in Q1 2022[16] - The company’s investment income for Q1 2023 was ¥12,911,534.57, down from ¥26,578,176.75 in Q1 2022, indicating a decline of 51.4%[17] - The company received CNY 61,100,900.00 from investment in Q1 2023, compared to CNY 25,000,000.00 in the same period last year, indicating increased investor confidence[20] Changes and Improvements - The company reported a significant increase in prepayments, which rose by 182.78%, primarily due to increased advance payments for materials[7] - The company’s deferred tax assets increased by 70.16%, attributed to the implementation of accounting standards that recognized temporary differences related to lease liabilities[7] - The company has adopted new accounting standards effective from January 1, 2023, which may impact future financial reporting and performance metrics[29] - The company incurred management expenses of ¥230,660.38 in Q1 2022, which were not reported for Q1 2023, suggesting potential cost management improvements[26] - The company’s financial expenses decreased to -¥21,418.07 in Q1 2023 from -¥5,464.82 in Q1 2022, indicating better financial management[26]

Financial Performance - The net profit for 2022 was CNY 7,138,806,910.38, with the net profit attributable to shareholders amounting to CNY 7,009,638,730.32[5] - The distributable profit as of December 31, 2022, was CNY 2,909,347,364.86, with a proposed cash dividend of CNY 10.50 per 10 shares, totaling CNY 2,605,087,721.25, which represents 37.16% of the net profit attributable to shareholders[5] - In 2022, the company's operating revenue reached CNY 69.06 billion, a year-on-year increase of 5.52% compared to CNY 65.45 billion in 2021[22] - The net profit attributable to shareholders was CNY 7.01 billion, representing a significant increase of 42.83% from CNY 4.91 billion in 2021[22] - The net cash flow from operating activities was CNY 16.67 billion, up 50.81% from CNY 11.05 billion in 2021[22] - The total assets at the end of 2022 amounted to CNY 84.04 billion, reflecting a 14.39% increase from CNY 73.46 billion in 2021[22] - The basic earnings per share for 2022 was CNY 2.83, a 35.41% increase from CNY 2.09 in 2021[23] - The weighted average return on equity increased to 23.11%, up 2.96 percentage points from 20.15% in 2021[23] - The company achieved a total profit of RMB 8.257 billion, which is a 31.79% increase from the previous year[35] - The company reported a net profit of CNY 1.79 billion in Q4 2022, with a total operating revenue of CNY 11.75 billion for the same quarter[27] Risk Management - The company has not faced any significant risks that could materially impact its operations during the reporting period[7] - The company has detailed potential risks and countermeasures in the management discussion and analysis section of the report[7] - The company faces safety risks due to complex geological conditions and high gas levels in coal mines, necessitating strict safety management measures[111] - The company is addressing operational risks related to high extraction costs and potential declines in coal market demand, emphasizing quality and efficiency[111] - Environmental risks are being managed through increased investment in pollution control and adherence to national environmental policies[112] - Market risks include potential impacts from policy changes on coal imports and economic uncertainties affecting downstream steel production[112] Corporate Governance - The company has established a robust corporate governance structure, ensuring compliance with legal regulations and protecting shareholder interests[115] - The board of directors has convened 8 times, reviewing 55 proposals, demonstrating active governance and decision-making[116] - The company has improved information disclosure practices, publishing 4 regular reports and 79 interim announcements during the reporting period[117] - The company held three shareholder meetings during the reporting period, including one annual meeting and two extraordinary meetings, ensuring equal rights for all shareholders, especially minority shareholders[123] - The company has strengthened its governance system by revising key internal regulations to comply with the latest legal requirements from the China Securities Regulatory Commission and the Shanghai Stock Exchange[119] Environmental Initiatives - The company has implemented integrated desulfurization and denitrification technology for all four coke oven chimneys, achieving emissions standards with SO2 ≤ 30 mg/Nm3, NOx ≤ 150 mg/Nm3, and particulate matter ≤ 15 mg/Nm3[164] - The dry quenching flue gas treatment system has a desulfurization efficiency of ≥ 98%, with emissions of SO2 ≤ 80 mg/Nm3 and particulate matter ≤ 30 mg/Nm3, meeting the special emission limits[164] - The company has achieved a reduction of 70.813 tons per year in particulate emissions from the first phase of the coke oven through effective control measures[165] - The company has established a backup dust removal system for the first phase of the coke oven, which is now operational, and a similar system for the second phase is nearing completion[165] - The company has received environmental impact assessment approvals for various projects, with the latest permit valid until February 9, 2027[167] Research and Development - Research and development investment totaled RMB 2.018 billion, ranking among the top in Anhui province[39] - The company invested ¥2,018,358,354.69 in R&D, accounting for 2.92% of total operating revenue[67] - The company has been recognized as a national high-tech enterprise and has received various honors, including "National Green Factory" and "Top 20 in China's Coal Chemical Industry"[82] - The company implemented 223 R&D projects with an investment of 2.018 billion RMB, achieving significant technological advancements in coal mining safety and efficiency[69] Employee Welfare - The average monthly income of on-duty employees exceeded RMB 10,000 for the first time[40] - The company is committed to increasing employee welfare, with ongoing investments in equipment and skill training to improve working conditions and boost employee income[110] - The company has a market-oriented salary policy, linking employee income to profit growth levels[149] Legal Matters - The company has a pending lawsuit involving a contract with Zhongjin Steel Construction for the supply of 7,384.95 tons of steel, with an outstanding payment of CNY 28.91 million[197] - The company is actively pursuing legal actions to recover outstanding payments and ensure compliance with contractual obligations[197] - The ongoing legal disputes highlight the challenges faced by the company in managing project execution and financial liabilities[198]

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： | 股票代码：600985 | 股票简称：淮北矿业 | | 编号：临 | 2023—016 | | --- | --- | --- | --- | --- | | 债券代码：110088 | 债券简称：淮 22 | 转债 | | | 淮北矿业控股股份有限公司 关于召开 2022 年度业绩说明会的公告 投资者可于 2023 年 4 月 6 日(星期四)至 4 月 12 日(星期三)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 zqtzb@hbcoal.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。 公司已于 2023 年 3 月 29 日发布公司 2022 年年度报告，为便于广大投资者 更全面深入地了解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 4 月 13 日下午 15:00-16:30 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 本次投资者说明会以视频 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥18,890,341,906.26, a decrease of 9.76% compared to ¥20,575,717,152.29 in the same period last year[3]. - Net profit attributable to shareholders for Q3 2022 reached ¥1,655,162,246.66, an increase of 31.49% from ¥1,124,648,736.89 in the previous year[3]. - The net profit after deducting non-recurring gains and losses was ¥1,567,305,463.41, reflecting a 33.06% increase compared to ¥1,043,833,837.43 in the same period last year[3]. - Basic earnings per share for Q3 2022 was ¥0.67, up 31.42% from ¥0.44 in the same period last year[3]. - The weighted average return on equity increased to 5.43%, up 0.57 percentage points from 4.35% in the previous year[3]. - Total operating revenue for the first three quarters of 2022 reached ¥57.42 billion, an increase of 16.4% compared to ¥49.07 billion in the same period of 2021[17]. - The net profit for Q3 2022 was CNY 5,487,544,395.92, an increase of 31.9% compared to CNY 4,158,666,911.32 in Q3 2021[19]. - The total profit for Q3 2022 was CNY 6,378,557,895.52, an increase of 33.1% from CNY 4,787,617,223.52 in Q3 2021[18]. Cash Flow - The cash flow from operating activities for the year-to-date period was ¥10,394,140,508.26, representing an 81.81% increase from ¥5,717,149,544.94 in the previous year[3]. - Net cash flow from operating activities increased by 81.81% as a result of higher operating income and improved cash receipts[9]. - Cash inflow from operating activities for the first three quarters of 2022 totaled CNY 61,417,144,873.39, up from CNY 47,483,910,203.89 in the same period of 2021, indicating a growth of 29.3%[20]. - The net cash flow from operating activities for Q3 2022 was ¥10,394,140,508.26, an increase of 82.8% compared to ¥5,717,149,544.94 in Q3 2021[21]. - Cash inflow from financing activities was ¥6,337,599,382.00 in Q3 2022, down from ¥8,569,460,455.20 in Q3 2021, a decrease of 26.5%[21]. - The net cash flow from financing activities for the first three quarters of 2022 was -1,732,871,753.03 RMB, compared to -1,486,526,091.78 RMB in the same period of 2021, indicating a worsening situation[28]. Assets and Liabilities - Total assets as of the end of the reporting period were ¥73,463,965,311.12, an increase of 8.70% from ¥79,852,032,687.94 in the previous year[3]. - The total liabilities amounted to ¥43.30 billion, an increase of 3.9% from ¥41.67 billion in the previous year[15]. - The total equity decreased to ¥20,814,324,007.06 in Q3 2022 from ¥22,347,935,799.38 in Q3 2021, indicating a decline of 6.9%[24]. - Total current assets increased to ¥22.51 billion, up 36.3% from ¥16.52 billion in the previous year[14]. - The total liabilities increased to ¥3,815,281,362.04 in Q3 2022 from ¥1,825,106,583.08 in Q3 2021, marking a significant rise of 108.5%[23]. Investments and Expenses - Investment income increased by 30.54% mainly from the disposal of subsidiaries[9]. - Research and development expenses for the first three quarters were ¥1.25 billion, slightly up from ¥1.19 billion in the same period last year[17]. - Operating costs increased by 12.40% due to higher production costs, including labor and material expenses[9]. - The company reported a significant increase in financial expenses, with interest expenses amounting to 4,133,946.06 RMB in 2022 compared to 47,201.02 RMB in 2021[25]. - The company received government subsidies recognized in the current period amounted to ¥33,599,599.67, contributing to the overall financial performance[6]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,558[10]. - The largest shareholder, HuaiBei Mining Group, holds 64.61% of the shares[10]. - The total equity attributable to shareholders increased to ¥27,267,362,780.61, reflecting a growth of 16.53% from ¥31,774,216,502.39 in the previous year[3]. Future Outlook - Future guidance indicates a cautious outlook on revenue growth due to market conditions and competition[33]. - The company plans to enhance its market presence through strategic investments and potential acquisitions in the upcoming quarters[33].

Financial Performance - The company's operating revenue for the first half of 2022 reached ¥38.42 billion, a 36.87% increase compared to ¥28.07 billion in the same period last year[17]. - Net profit attributable to shareholders was ¥3.56 billion, reflecting a 40.84% increase from ¥2.53 billion in the previous year[17]. - The net cash flow from operating activities was ¥6.92 billion, showing a significant increase of 94.98% compared to ¥3.55 billion in the same period last year[17]. - Basic earnings per share increased to ¥1.44, up 26.32% from ¥1.14 in the same period last year[18]. - The weighted average return on equity rose to 12.12%, an increase of 0.78 percentage points from the previous year[18]. - The company achieved operating revenue of 38.42 billion yuan, an increase of 36.87% compared to the same period last year[28]. - Coal product revenue reached 12.40 billion yuan, up by 71.80% year-on-year, while coal chemical product revenue increased to 7.24 billion yuan, a rise of 31.61%[26]. - The net profit attributable to shareholders was 3.56 billion yuan, reflecting a year-on-year increase of 40.99%[27]. - The company reported a net profit of approximately 3.78 billion RMB for the first half of 2022, representing a 51.28% increase compared to the same period last year[112]. Financial Position - The company's total assets at the end of the reporting period were ¥74.33 billion, a slight increase of 0.93% from ¥73.65 billion at the end of the previous year[17]. - The company reduced its interest-bearing liabilities to 14.02 billion yuan, a decrease of 30.79% from the beginning of the year, resulting in an asset-liability ratio of 53.70%, down by 2.92 percentage points[27]. - The company's total liabilities decreased to CNY 39.92 billion from CNY 41.70 billion, indicating a reduction of approximately 4.26%[117]. - Owner's equity rose to CNY 34.42 billion, up from CNY 31.95 billion, marking an increase of around 7.76%[117]. - The company's total current liabilities decreased to CNY 26.35 billion from CNY 28.44 billion, a decline of about 7.36%[117]. - The company's total liabilities and owner's equity amount to 34,415,659,779.68 RMB, indicating a balanced financial position[131]. Risk Management - There were no significant risks that materially affected the company's operations during the reporting period[5]. - The company has outlined various risks and countermeasures in the management discussion section[5]. - The company is facing external uncertainties due to global economic conditions, including the impact of the US Federal Reserve's interest rate hikes[23]. - The company reported a significant operational risk due to the complex geological conditions of its coal mines, which may lead to higher extraction costs and impact financial performance if coal prices decline[39]. - The company emphasizes a commitment to safety, implementing strict safety production responsibility systems to mitigate risks associated with high-gas mines and hazardous chemical enterprises[39]. Environmental Compliance - The company has implemented advanced pollution control technologies, achieving SO2 emissions ≤30 mg/Nm3 and NOx emissions ≤150 mg/Nm3 at Linhuan Coking[50]. - The dry quenching gas treatment system at Linhuan Coking has a desulfurization efficiency of ≥98%[50]. - The company has established a comprehensive dust control system for its coal yards, significantly improving air quality[51]. - The company has achieved a 100% utilization rate of gangue, repurposing it for power generation, construction materials, and site backfilling[58]. - The company received an administrative penalty of 250,000 yuan for environmental violations at Qingdong Coal Mine, which has been rectified and accepted by the environmental authority[56]. Subsidiaries and Investments - The company operates 17 coal mines and has 5 coal washing plants with a washing capacity of 10.5 million tons per year[23]. - The company has a total of 31 subsidiaries included in the consolidated financial statements, with ownership stakes ranging from 51% to 100%[137]. - New subsidiaries established during the reporting period include 大榭能源化工（淮北）有限公司 and 淮北雷鸣建材有限公司, both set up in June 2022[141]. - 淮北矿业集团投资有限公司 was removed from the consolidated scope due to its absorption and merger by 淮矿股份, effective from May 2022[140]. Shareholder Relations - The company did not distribute profits or increase capital reserves during the reporting period[3]. - The company has committed to providing cash support to the listed company if the actual disposal price of certain assets is lower than the assessed value[69]. - The company has established a long-term commitment to uphold the interests of the listed company and its minority shareholders[69]. - The total number of ordinary shareholders as of the end of the reporting period is 35,513[102]. - Huabei Mining (Group) Co., Ltd. holds 1,603,035,295 shares, accounting for 64.61% of the total shares[102]. Legal Matters - The company reported no significant litigation or arbitration matters during the reporting period[73]. - The lawsuit against Zhongjin Steel Construction involves a claim for overdue payments totaling CNY 28.91 million, with a court ruling requiring the defendant to pay CNY 10.61 million plus overdue penalties[74]. - The ongoing legal disputes may impact the company's cash flow and operational capabilities, necessitating strategic financial management[75]. Financial Reporting and Compliance - The financial report for the first half of 2022 has not been audited[2]. - The company is committed to ensuring the accuracy and completeness of the financial report[2]. - The financial statements are prepared based on the going concern assumption, following the accounting standards and guidelines set by the Chinese regulatory authorities[142]. - The company has established a comprehensive risk management system for its financial subsidiary, ensuring compliance with regulatory standards[93]. Capital Management - The company plans to raise up to 3 billion RMB through the issuance of convertible bonds, with 2.3 billion RMB allocated for a methanol comprehensive utilization project[113]. - The company has a total of 2,481,035,925.00 RMB in paid-in capital, maintaining its capital base[131]. - The company reported a capital increase of 304,386,227.00 CNY during the current period[132]. - The total capital reserve stands at 8,329,794,305.15 RMB, showing stability in the company's financial structure[131].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 17,912,007,723.68, representing a 41.91% increase compared to CNY 12,605,600,816.42 in the same period last year[4]. - Net profit attributable to shareholders was CNY 1,621,116,674.40, up 36.29% from CNY 1,193,711,760.00 year-on-year[4]. - The net cash flow from operating activities increased by 82.20%, reaching CNY 1,795,392,258.40 compared to CNY 985,372,819.75 in the previous year[4]. - Basic earnings per share rose to CNY 0.65, an 18.18% increase from CNY 0.55 in the same quarter last year[4]. - Total operating revenue for Q1 2022 was CNY 17,945,258,715.64, an increase from CNY 12,636,613,599.82 in Q1 2021, representing a growth of approximately 42.5%[17]. - Operating costs for Q1 2022 amounted to CNY 15,862,454,738.24, up from CNY 11,141,033,462.88 in Q1 2021, reflecting an increase of about 42.5%[17]. - Net profit attributable to shareholders for Q1 2022 was CNY 1,559,803,977.00, compared to CNY 1,095,580,000.00 in Q1 2021, indicating a growth of approximately 42.2%[17]. - The total profit before tax was approximately ¥2.06 billion, compared to ¥1.50 billion in Q1 2021, reflecting a growth of 37%[18]. - The company’s total comprehensive income for Q1 2022 was approximately ¥1.77 billion, compared to ¥1.30 billion in Q1 2021, indicating a growth of 36%[18]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 74,743,180,368.38, reflecting a 1.74% increase from CNY 73,463,965,311.12 at the end of the previous year[4]. - The total liabilities as of Q1 2022 were CNY 40,560,473,674.50, a decrease from CNY 41,668,493,163.71 in Q1 2021, representing a reduction of approximately 2.7%[16]. - The total current assets as of March 31, 2022, are ¥17,726,308,700.88, compared to ¥16,517,673,711.34 in the previous year[14]. - The total assets as of Q1 2022 were CNY 74,743,180,368.38, an increase from CNY 73,463,965,311.12 in Q1 2021, indicating a growth of about 1.7%[16]. - The total liabilities amounted to ¥1,842,972,801.94, compared to ¥1,825,106,583.08, indicating an increase of approximately 0.98%[24]. - The total equity decreased slightly to ¥22,347,072,988.71 from ¥22,347,935,799.38, a decline of about 0.004%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 32,844[10]. - The largest shareholder, Huabei Mining Group Co., Ltd., holds 1,603,035,295 shares, accounting for 64.61% of the total shares[10]. - The total equity attributable to shareholders increased to CNY 29,422,467,320.78 in Q1 2022 from CNY 27,267,362,780.61 in Q1 2021, reflecting a growth of about 7.9%[16]. Research and Development - Research and development expenses increased by 31.87%, indicating a rise in investment in R&D projects[8]. - Research and development expenses for Q1 2022 were CNY 374,738,383.00, an increase from CNY 284,162,385.96 in Q1 2021, showing a rise of about 32%[17]. Cash Flow - The company's cash and cash equivalents as of March 31, 2022, amount to ¥4,485,352,328.95, a decrease from ¥5,188,783,396.82 at the end of 2021[12]. - The company's cash and cash equivalents decreased to CNY 1,622,145,592.48 in Q1 2022 from CNY 1,684,403,944.76 in Q1 2021, a decline of approximately 3.7%[15]. - The company's cash and cash equivalents increased to CNY 1,584,200,625.53 in Q1 2022 from CNY 489,413,224.26 in Q1 2021, representing a significant increase of approximately 223%[52]. - The company reported a net cash outflow from investing activities of approximately ¥1.18 billion, compared to a net outflow of ¥0.28 billion in Q1 2021[59]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 48,168,208.01, contributing to other income growth of 80.61%[8]. - The company reported other income of CNY 440,284.88 in the first quarter of 2022, compared to CNY 132,847.90 in the previous year, indicating an increase of approximately 230.36%[64]. Investment Income - The investment income increased by 100.71%, mainly due to higher returns from investments in joint ventures[9]. - Investment income rose by 100.71% mainly due to increased investment income from joint ventures[47]. Financial Ratios - The company's weighted average return on equity increased by 0.31 percentage points to 5.75% compared to 5.45% in the same period last year[4]. - The diluted earnings per share for Q1 2022 was ¥0.65, up from ¥0.49 in the previous year[19].