1、可转债发行情况 经中国证券监督管理委员会证监许可[2022]2210 号文核准，赛轮集团股份 有限公司（以下"公司"）于 2022 年 11 月 2 日公开发行了 20,089,850 张可转 换公司债券，每张面值 100 元，发行总额 200,898.50 万元，期限 6 年。本次发 行的可转换公司债券票面利率设定为：第一年 0.30%、第二年 0.50%、第三年 1.00%、 第四年 1.50%、第五年 1.80%、第六年 2.00%。 | 证券代码：601058 | 证券简称：赛轮轮胎 | 公告编号：临 | 2023-080 | | --- | --- | --- | --- | | 债券代码：113063 | 债券简称：赛轮转债 | | | 赛轮集团股份有限公司 关于"赛轮转债"预计满足赎回条件的提示性公告 本公司及董事会全体成员保证公告内容不存在虚假记载、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： 自 2023 年 8 月 4 日至 2023 年 8 月 25 日期间，公司股票已有 10 个交易 日的收盘价格不低于"赛轮转债"当期转股价 8. ...

赛轮集团股份有限公司（以下简称"公司"）分别于 2023 年 7 月 17 日和 2023 年 8 月 4 日召开了第六届董事会第六次会议和 2023 年第一次临时股东大 会，审议通过了《关于公司<2023 年员工持股计划(草案)>及其摘要的议案》等相 关议案，同意公司实施 2023 年员工持股计划。具体内容详见公司于 2023 年 7 月 18 日、2023 年 8 月 5 日在指定信息披露媒体披露的相关公告。 根据中国证监会《关于上市公司实施员工持股计划试点的指导意见》及《上 海证券交易所上市公司自律监管指引第 1 号—规范运作》等要求，现将公司 2023 年员工持股计划实施进展情况公告如下： 根据参与对象实际认购和最终缴款的查验结果，公司 2023 年员工持股计划 实际参与认购的员工总数为 59 人，缴纳的认购资金为 340,232,284 元，对应股 数为 59,900,050 股，占公司当前总股本的比例为 1.96%。 | 证券代码：601058 | 证券简称：赛轮轮胎 | 公告编号：临 | 2023-079 | | --- | --- | --- | --- | | 债券代码：113063 | 债 ...

| 证券代码：601058 | 证券简称：赛轮轮胎 | 公告编号：临 | 2023-078 | | --- | --- | --- | --- | | 债券代码：113063 | 债券简称：赛轮转债 | | | 赛轮集团股份有限公司 关于"赛轮转债"预计满足赎回条件的提示性公告 本公司及董事会全体成员保证公告内容不存在虚假记载、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： 2、可转债上市情况 经上海证券交易所[2022]319 号自律监管决定书同意，公司 200,898.50 万 元可转换公司债券于 2022 年 11 月 24 日起在上海证券交易所上市交易，债券简 称"赛轮转债"，债券代码"113063"。 自 2023 年 7 月 18 日至 2023 年 8 月 17 日期间，公司股票已有十个交易 日的收盘价格不低于"赛轮转债"当期转股价 8.89 元/股的 130%（即 11.56 元/ 股），若在未来连续七个交易日内，公司股票有五个交易日的收盘价不低于当期 转股价格的 130%，将触发"赛轮转债"的有条件赎回条款。届时根据《募集说明 书》中有条件赎 ...

赛轮集团股份有限公司 关于"赛轮转债"预计满足赎回条件的提示性公告 本公司及董事会全体成员保证公告内容不存在虚假记载、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： 自 2023 年 7 月 11 日至 2023 年 8 月 14 日期间，公司股票已有十个交易 日的收盘价格不低于"赛轮转债"当期转股价 8.89 元/股的 130%（即 11.56 元/ 股），若在未来连续五个交易日内，公司股票有五个交易日的收盘价不低于当期 转股价格的 130%，将触发"赛轮转债"的有条件赎回条款。届时根据《募集说明 书》中有条件赎回条款的相关约定，公司有权决定是否按照债券面值加当期应计 利息的价格赎回全部或部分未转股的"赛轮转债"。 一、可转债发行上市概况 1、可转债发行情况 经中国证券监督管理委员会证监许可[2022]2210 号文核准，赛轮集团股份 有限公司（以下"公司"）于 2022 年 11 月 2 日公开发行了 20,089,850 张可转 换公司债券，每张面值 100 元，发行总额 200,898.50 万元，期限 6 年。本次发 行的可转换公司债券票面利率设定为 ...

| 证券代码： 601058 | 证券简称：赛轮轮胎 | 公告编号：临 | 2023-076 | | --- | --- | --- | --- | | 债券代码：113063 | 债券简称：赛轮转债 | | | 赛轮集团股份有限公司 关于提供担保的进展公告 本公司及董事会全体成员保证公告内容不存在虚假记载、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。 本次担保没有反担保 公司对外担保未发生逾期情形 告编号：临 2023-031）、《2022 年年度股东大会决议公告》（公告编号：临 2023-048）。 重要内容提示： 本次被担保人名称：赛轮集团 本次担保金额及已实际为其提供担保的余额：赛轮销售本次为公司提供 13亿元连带责任担保,各子公司已实际为公司提供63.89亿元担保（含本次担保）。 特别风险提示：公司及控股子公司预计年度对外担保总额为217亿元，截 至本公告披露日实际发生担保额为156.94亿元，分别占公司最近一期经审计净资 产的177.59%、128.44%；公司对资产负债率超过70%的全资子公司实际发生担保 额为70.10亿元，占公司最近一期经审计净资产的57. ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 5,371,042,492.24, representing a year-on-year increase of 10.44%[5] - The net profit attributable to shareholders for the same period was CNY 354,991,015.71, reflecting a growth of 10.32% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 366,992,303.62, which is an increase of 23.05% year-on-year[5] - The basic earnings per share for Q1 2023 was CNY 0.12, which is a 9.09% increase year-on-year[5] - In Q1 2023, the company's net profit reached CNY 368,907,735.02, an increase of 9.4% compared to CNY 337,404,344.42 in Q1 2022[20] - The total revenue from operating activities was CNY 5,016,561,490.32, up from CNY 4,441,848,861.90 in the same period last year, representing a growth of 12.9%[22] Cash Flow and Liquidity - The net cash flow from operating activities reached CNY 656,304,202.66, showing a significant increase of 1,133.67% compared to the same period last year[5] - The cash and cash equivalents at the end of the period totaled CNY 4,553,268,218.62, compared to CNY 3,233,784,956.39 at the end of Q1 2022, marking an increase of 41.0%[23] - The company experienced a net cash outflow from investing activities of CNY -336,128,288.25, an improvement from CNY -938,280,061.71 in Q1 2022[23] - The financing activities generated a net cash inflow of CNY 1,090,815,479.54, slightly up from CNY 1,035,200,154.14 in the same quarter last year[23] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to CNY 31,034,246,377.35, up 4.73% from the end of the previous year[6] - The company's total liabilities as of March 31, 2023, were RMB 17,996,477,960.35, compared to RMB 16,872,109,311.67 at the end of 2022, reflecting an increase of 6.6%[17] - The company's total equity as of March 31, 2023, was RMB 13,037,768,417.00, up from RMB 12,760,102,899.58 at the end of 2022, representing an increase of 2.2%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,119[9] - The company has initiated a share repurchase plan with a total fund of no less than RMB 400 million and no more than RMB 800 million, with a maximum repurchase price of RMB 13.50 per share[11] - The company repurchased 300,000 shares at a total cost of RMB 3,125,000 during the first quarter of 2023[12][13] Research and Development - Research and development expenses for Q1 2023 were RMB 177,278,813.94, an increase of 55.7% from RMB 113,998,693.21 in Q1 2022[18] Investment Performance - The company reported a net loss from investments of RMB 12,595,249.17 in Q1 2023, compared to a gain of RMB 7,156,906.11 in Q1 2022[18] Other Comprehensive Income - The company reported a total comprehensive income of CNY 280,041,017.41, down from CNY 329,352,238.61 in the previous year[20] - The company reported a decrease in other comprehensive income, with a net loss of CNY -88,866,717.61 compared to CNY -8,052,105.81 in Q1 2022[20] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20]

Financial Performance - The company's operating revenue for 2022 was approximately CNY 21.90 billion, representing a year-on-year increase of 21.69% compared to CNY 18.00 billion in 2021[15]. - The net profit attributable to shareholders for 2022 was approximately CNY 1.33 billion, a slight increase of 1.43% from CNY 1.31 billion in 2021[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 1.33 billion, reflecting an increase of 11.86% from CNY 1.19 billion in the previous year[15]. - The net cash flow from operating activities for 2022 was approximately CNY 2.20 billion, showing a significant increase of 162.83% compared to CNY 836.67 million in 2021[15]. - The total assets as of the end of 2022 were approximately CNY 29.63 billion, an increase of 13.22% from CNY 26.17 billion at the end of 2021[17]. - The net assets attributable to shareholders at the end of 2022 were approximately CNY 12.22 billion, representing a growth of 13.87% from CNY 10.73 billion at the end of 2021[17]. - The company reported a basic earnings per share of 0.44 RMB, down 2.22% from 0.45 RMB in 2021[18]. - The company’s weighted average return on equity was 11.79%, down from 13.32% in 2021[18]. - The company reported a gross margin of 18.41% for tire products, a decrease of 0.72 percentage points compared to the previous year[57]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.15 per share for the 2022 fiscal year, with no stock dividends or capital reserve transfers[4]. - The company declared a cash dividend of CNY 459,132,715.80, which accounts for 34.47% of the net profit attributable to ordinary shareholders in the consolidated financial statements[158]. - The company has a cash dividend policy that stipulates a minimum distribution of 30% of the annual distributable profit, with specific conditions for higher percentages based on the company's development stage[155]. - The company has a shareholder return plan for the years 2022 to 2024, which was approved during the shareholder meetings[124]. Research and Development - The company has committed to ongoing research and development efforts to enhance its product offerings and market competitiveness[5]. - The company’s R&D expenses increased by 29.16% to 620.84 million RMB, reflecting a strong commitment to innovation[55]. - The company has established a comprehensive R&D system with centers in multiple countries, enhancing its ability to develop a full range of tire products independently[47]. - The company is actively exploring the application of new technologies such as 5G, artificial intelligence, and big data in the tire industry to enhance manufacturing intelligence[106]. - The company aims to enhance its research and development capabilities, focusing on creating a competitive R&D system and improving product quality standards[105]. Market Expansion and Production Capacity - The company is advancing its global capacity layout, with projects in Vietnam and Cambodia, including a 1.65 million annual production capacity for all-steel radial tires[22]. - The company completed a public offering of convertible bonds totaling 2.009 billion RMB, which will support the ongoing projects in Vietnam and Cambodia[23]. - The company has established modern tire production bases in locations including Qingdao, Dongying, Shenyang, and Vietnam, with plans for a new factory in Qingdao[42]. - The company’s Cambodian factory has an annual production capacity of 9 million semi-steel tires and 1.65 million steel tires, which are now fully operational[43]. - The annual production capacity of all-steel tires increased by 500,000 units at the Shenyang factory, while semi-steel tire capacity rose by 4 million units at the Cambodia factory, and off-road tire capacity increased by 24,600 tons across multiple factories[86]. Environmental and Social Responsibility - The company was recognized as a "National Green Factory" and included in the "2022 National Green Manufacturing" list, promoting sustainable development in the tire industry[35]. - The company has established a comprehensive environmental management system to control dust, wastewater, and gas emissions during production[175]. - The company has made significant investments in social responsibility projects, including humanitarian aid through charitable foundations[180]. - The company has implemented various measures to ensure compliance with environmental regulations, including the installation of low-noise equipment and vibration dampers[177]. - The company reduced carbon emissions by 10,942 tons in 2022 through the adoption of photovoltaic power generation technology[178]. Corporate Governance and Compliance - The company has established various management systems for information disclosure and investor relations, ensuring all disclosed information is accurate, complete, and timely[123]. - The company has a commitment to maintaining independence from its controlling shareholders and has measures in place to ensure this[123]. - The company has established a complete governance structure to ensure the independence of its operations and financial management[182]. - The company has emphasized the importance of compliance and governance, as reflected in the approval of various internal regulations and reports[140]. - The company has maintained a strong commitment to transparency, with regular updates on fundraising and project implementation[140]. Strategic Partnerships and Collaborations - The company signed a strategic cooperation agreement with "Xinkangzhong" to enhance the entire value chain from product manufacturing to after-sales service, aiming to provide safer products and better user experiences[29]. - The company has established joint venture sales companies with regional distributors to integrate resources and enhance market presence[50]. - The company has established strategic partnerships with high-quality suppliers to ensure the stability of raw material supply and competitive procurement prices[74]. - The company is exploring potential mergers and acquisitions to further strengthen its market position[129]. Challenges and Risks - The company anticipates challenges in 2023 due to global economic pressures, including de-globalization trends and geopolitical conflicts, while aligning with national carbon neutrality strategies[108]. - The company is facing risks from raw material price fluctuations, particularly in natural rubber, and is implementing strategic partnerships to reduce procurement costs[115]. - The company is monitoring foreign exchange fluctuations closely, as a significant portion of its revenue comes from overseas sales, and is employing hedging strategies to mitigate risks[119]. Employee and Management Structure - The total number of employees in the parent company is 3,956, while the total number of employees in major subsidiaries is 13,513, resulting in a combined total of 17,469 employees[152]. - The company has a structured training program that includes company-level, center-level, and department-level training[154]. - The company has a total of 2,377 technical personnel among its employees, indicating a strong focus on technical expertise[152]. - The company has established a performance evaluation system based on KPI indicators to better motivate employees[153]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[132]. - The company aims to achieve a revenue growth target of 10% in the upcoming fiscal year[129]. - New product launches are expected to contribute an additional 300 million RMB in revenue, with a focus on innovative technologies[130]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[131].

| 证券代码：601058 | 证券简称：赛轮轮胎 | 公告编号：临 | 2023-042 | | --- | --- | --- | --- | | 债券代码：113063 | 债券简称：赛轮转债 | | | 赛轮集团股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 会议召开时间：2023 年 05 月 19 日(星期五) 下午 16:00-17:00 会议召开地点：上海证券交易所上证路演中心（网址：http://roadsho w.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 12 日(星期五) 至 05 月 18 日(星期四)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 ziben@s ailuntire.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。 赛轮集团股份有限公司（以下简称"公司"）已于 2023 年 4 月 29 日披露了 公司 2 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥6,224,571,705.34, representing a year-on-year increase of 35.52%[4] - The net profit attributable to shareholders for Q3 2022 was ¥350,055,946.87, an increase of 17.17% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥381,567,164.65, reflecting a 40.75% increase year-on-year[4] - The basic earnings per share for Q3 2022 was ¥0.12, up 20.00% year-on-year[6] - The diluted earnings per share for Q3 2022 was ¥0.11, an increase of 22.22% compared to the same period last year[6] - The net profit for Q3 2022 was CNY 1,136,085,683.73, an increase from CNY 1,016,410,214.08 in Q3 2021, representing a growth of approximately 11.8%[18] - Total revenue for the first three quarters of 2022 reached CNY 16,323,651,210.99, compared to CNY 11,756,505,204.32 in the same period of 2021, indicating a year-over-year increase of about 38.5%[19] - The total operating income for Q3 2022 was CNY 1,270,997,263.16, compared to CNY 1,049,681,962.16 in Q3 2021, representing an increase of approximately 21%[18] Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was ¥1,029,975,944.69, showing a significant increase of 94.15% compared to the same period last year[4] - The net cash flow from operating activities for Q3 2022 was CNY 1,029,975,944.69, significantly higher than CNY 530,498,703.26 in Q3 2021, reflecting an increase of approximately 94%[19] - Cash and cash equivalents at the end of Q3 2022 amounted to CNY 3,960,441,929.75, up from CNY 3,417,260,697.49 at the end of Q3 2021, representing an increase of approximately 15.9%[20] - The cash and cash equivalents as of September 30, 2022, were RMB 6.04 billion, compared to RMB 4.84 billion at the end of 2021, indicating a growth of about 24.8%[14] - The company's total assets at the end of the reporting period were ¥31,124,400,503.01, representing an 18.92% increase from the end of the previous year[6] - As of September 30, 2022, the company's total assets were RMB 31.12 billion, compared to RMB 26.17 billion at the end of 2021, marking an increase of about 18.5%[16] Liabilities and Equity - The company's total liabilities as of September 30, 2022, were RMB 18.75 billion, up from RMB 15.04 billion at the end of 2021, representing an increase of approximately 24.5%[16] - The equity attributable to shareholders at the end of the reporting period was ¥11,845,731,394.83, a 10.39% increase year-on-year[6] - The company's retained earnings as of September 30, 2022, were RMB 5.41 billion, compared to RMB 4.81 billion at the end of 2021, reflecting an increase of approximately 12.5%[16] Operating Costs and Expenses - The total operating costs for the first three quarters of 2022 were RMB 15.36 billion, compared to RMB 12.16 billion in 2021, indicating an increase of about 26.5%[17] - Research and development expenses for the first three quarters of 2022 amounted to RMB 450.57 million, up from RMB 327.37 million in 2021, reflecting a growth of approximately 37.5%[17] Investment Activities - The cash outflow from investing activities for Q3 2022 was CNY 4,044,163,078.65, compared to CNY 1,629,986,061.97 in Q3 2021, indicating a significant increase in investment activities[19] - The company plans to raise a total of RMB 20.09 billion through the issuance of convertible bonds, as approved by the China Securities Regulatory Commission[12] - The company completed a private placement of shares in March 2021, raising a net amount of RMB 1.21 billion for a project with an annual production capacity of 3 million high-performance tires[12] Sales and Profitability - The company reported a significant increase in sales volume and unit price as the main reasons for the growth in operating revenue[8] - The company experienced an increase in income and gross profit margin, contributing to the rise in net profit attributable to shareholders after deducting non-recurring gains and losses[8]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 10,493,219,376.76, representing a 21.28% increase compared to CNY 8,652,005,351.46 in the same period last year[15]. - The net profit attributable to shareholders of the listed company was CNY 714,715,498.51, a slight increase of 1.60% from CNY 703,452,997.88 in the previous year[15]. - The net cash flow from operating activities reached CNY 456,918,706.30, marking a significant increase of 42.15% compared to CNY 321,423,959.69 in the same period last year[15]. - The total assets of the company as of June 30, 2022, were CNY 30,050,277,417.36, which is a 14.81% increase from CNY 26,172,935,980.40 at the end of the previous year[15]. - The net assets attributable to shareholders of the listed company increased to CNY 11,222,216,067.84, reflecting a 4.58% growth from CNY 10,730,465,120.92 at the end of the previous year[15]. - The basic earnings per share for the first half of 2022 were CNY 0.23, down 8.00% from CNY 0.25 in the same period last year[16]. - The weighted average return on net assets decreased to 6.42%, down 2.21 percentage points from 8.63% in the previous year[17]. - The company reported a net profit excluding non-recurring gains and losses of CNY 699,614,558.39, which is a 3.47% increase from CNY 676,127,845.73 in the previous year[15]. Operational Highlights - The company operates in the tire industry, focusing on the research, production, and sales of various tire products, including semi-steel radial tires and all-steel radial tires, with a production base in China and abroad[20]. - In the first half of 2022, the company faced a 10.2% year-on-year decline in the production of comprehensive outer tires, while tire exports increased by 7.12% to 3.76 million tons[27]. - The company is recognized as a high-tech enterprise and has established itself as a leader in the industry by adopting information technology to control the entire production process[25]. - The company ranks third among the top 100 enterprises in the rubber industry in China and is positioned 15th globally among tire manufacturers according to the 2022 Tyrepress rankings[25]. - The company has modern production bases in China and abroad, including Vietnam and Cambodia, which have begun mass production, enhancing its strategic positioning against international trade barriers[25]. - The company employs a flexible production system that integrates market demand and sales forecasts to optimize resource allocation and improve production efficiency[21]. - The company has established a comprehensive sales network covering over 180 countries and regions, utilizing both direct sales and a distributor model[22]. Research and Development - The company has developed a circular economy model for tire recycling, producing retreaded tires and related materials, contributing to sustainability in the industry[24]. - The company is investing in a new project in Qingdao with an annual capacity of 30 million high-performance tires and 50,000 tons of functional new materials[34]. - The liquid gold tire series has received recognition from international authorities, with three commercial vehicle tires and one passenger car tire exceeding TÜV testing standards[35]. - The average fuel consumption for the company's commercial vehicle tires is 23.99L/100km, which is 7.6% lower than a leading international brand's fuel-efficient product[36]. - The company’s research and development expenses for the first half of 2022 were CNY 121,145,185.25, up from CNY 107,806,421.64 in the same period of 2021, representing an increase of approximately 12.3%[116]. Market and Competitive Landscape - The decline in shipping costs, with the FBX index showing an average of $6,583 per container, is expected to reduce export costs for tire companies[30]. - Increased competition in both domestic and international markets is a concern, with domestic tire companies strengthening their global competitiveness while facing export challenges due to trade protection measures[52]. - The company has a significant exposure to exchange rate fluctuations, as a large portion of its revenue comes from overseas sales, primarily settled in USD[53]. - The ongoing impact of the pandemic continues to affect production and logistics, both domestically and internationally, posing operational challenges[54]. Environmental Compliance - Environmental compliance is a priority, with the company classified as a key pollutant discharger, adhering to strict emission standards[63]. - The company reported actual emissions for VOCs at 2.1-6.8 mg/m³, significantly below the standard of 10 mg/m³, with no exceedances noted[64]. - The company achieved actual emissions for particulate matter at 1.6-2.03 mg/m³, well under the limit of 12 mg/m³, with no exceedances reported[64]. - The chemical oxygen demand (COD) in wastewater was reported at 37-50 mg/L, compared to the standard of 300 mg/L, with no exceedances observed[64]. - The company has established a comprehensive pollution prevention facility that is operating normally, including bag dust collection and low-temperature plasma oxidation methods[65]. - The company has completed environmental impact assessments and obtained environmental management system certification, valid until May 29, 2025[67]. Shareholder and Corporate Governance - The company has not disclosed any plans for profit distribution or capital reserve transfer to increase share capital during the reporting period[3]. - The company has not proposed any profit distribution or capital reserve increase for the reporting period, maintaining a focus on reinvestment[61]. - The company has established a charity foundation, donating a total of 1.67 million yuan and 100,000 euros for humanitarian aid and local welfare[81]. - The company committed to not engaging in unnecessary related party transactions, ensuring that any transactions will be conducted at market fair prices to protect the interests of minority shareholders[86]. - The company has agreed to measures to protect the interests of minority investors, including not transferring benefits unfairly to other parties and linking executive compensation to the execution of these measures[90]. Financial Position and Liabilities - The company's total liabilities reached CNY 18,362,282,817.80, compared to CNY 15,035,460,034.92, indicating a growth of approximately 22.5%[110]. - The company’s long-term borrowings increased by 56.22% to ¥4,640,714,295.51 from ¥2,970,576,911.72, indicating a rise in financing activities[42]. - The company’s cash flow from financing activities increased by 10.76% to ¥1,889,086,101.64 from ¥1,705,568,063.56[40]. - The company’s receivables increased by 33.58% to ¥3,151,722,058.13, up from ¥2,359,463,698.07, primarily due to increased operating revenue[42]. Future Outlook - The company plans to continue expanding its market presence and invest in new product development to drive future growth[110]. - The company plans to raise a total of up to RMB 2.009 billion for projects including the annual production of 3 million semi-steel radial tires in Vietnam and 900 million semi-steel radial tires in Cambodia[100]. - The company has plans for future capital increases and potential stock issuances as part of its growth strategy[131].