中国第一重型机械股份公司第四届监事会第二十五次 会议于 2023 年 8 月 21 日以通讯表决方式举行。公司监事共 有 5 名，实际出席本次会议的监事 5 名。出席会议的监事人 数符合《公司法》和《公司章程》的有关规定，可以对提交 本次会议审议的议案进行表决。会议形成一致决议如下： 1.审议并通过了《中国第一重型机械股份公司关于与中 国一重集团有限公司共同增资构成关联交易的议案》。 监事会认为，本次关联交易合规、价格公允，不存在损 害交易双方利益的行为。本次关联交易对中国一重本期以及 未来财务状况、经营成果无不利影响。 表决结果：同意 5 票，反对 0 票，弃权 0 票。 证券代码：601106 证券简称：中国一重 公告编号：2023--021 中国第一重型机械股份公司第四届监事会 第二十五次会议决议公告 本公司监事会及全体监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。 表决结果：同意 5 票，反对 0 票，弃权 0 票。 特此公告。 1 中国第一重型机械股份公司监事会 2023年8月22日 2 2.审议并通过了《中国第一重型机械股份公 ...

证券代码：601106 证券简称：中国一重 公告编号：2023--014 1 中国第一重型机械股份公司关于参加 黑龙江辖区上市公司2023年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，中国第一重型机械 股份公司（以下简称"公司"）将参加由黑龙江证监局、黑 龙江省上市公司协会与深圳市全景网络有限公司联合举办 的"2023 年黑龙江辖区上市公司投资者集体接待日活动"， 现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录 "全景路演"网站（http://rs.p5w.net）；或关注微信公众 号（名称：全景财经）；或下载全景路演APP,参与本次互动 交流。活动时间为2023年5月15日（周一）14:00-16:30。届 时公司高管将在线就公司2022年度业绩、公司治理、发展战 略、经营状况、融资计划、股权激励和可持续发展等投资者 关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊 跃参与！ 特此公告。 中国第一重型机械股份公司 2023年5月11日 2 ...

Financial Performance - In 2022, the company's consolidated net profit attributable to shareholders was CNY 103.25 million, a decrease of 38.68% compared to 2021[4]. - The total operating revenue for 2022 was CNY 23.89 billion, reflecting a growth of 3.28% from CNY 23.13 billion in 2021[16]. - The net profit for 2022 was 1.03 billion RMB, a decrease of 22.57% compared to the previous year[31]. - The net profit after deducting non-recurring gains and losses was CNY 11.49 million, a significant drop of 91.55% from CNY 135.97 million in 2021[16]. - The basic earnings per share for 2022 were CNY 0.0151, down 38.62% from CNY 0.0246 in 2021[19]. - The company reported a total comprehensive income of CNY 423,302,800.62 for 2022, compared to a loss of CNY 233,356,658.29 in 2021[199]. Cash Flow and Assets - The net cash flow from operating activities was negative CNY 1.26 billion, a decline of 285.13% compared to a positive cash flow of CNY 682.17 million in 2021[16]. - The company's total assets at the end of 2022 amounted to CNY 41.26 billion, an increase of 7.75% from CNY 38.29 billion at the end of 2021[18]. - The company's cash and cash equivalents decreased by 61.42% to -CNY 327,947,351.12[44]. - The company's total assets include CNY 30,596,729.73 in overseas assets, accounting for 0.07% of total assets[47]. - The company's cash and cash equivalents decreased to CNY 1.38 billion in 2022 from CNY 1.68 billion in 2021, a decline of 17.9%[187]. Liabilities and Equity - Total liabilities reached CNY 29.39 billion in 2022, an increase from CNY 26.75 billion in 2021, which is a rise of 9.1%[189]. - The company's total equity increased to CNY 11,151,166,445.49 in 2022 from CNY 10,727,039,967.28 in 2021, reflecting a growth of about 3.9%[192]. - The company reported a net loss of CNY 5.22 billion in 2022, slightly improved from a loss of CNY 5.32 billion in 2021[189]. Research and Development - The company's R&D expenses increased by 6.40% to 551.92 million RMB, emphasizing a focus on technological innovation[32]. - Total R&D investment reached CNY 986,665,079.22, accounting for 4.13% of operating revenue[41]. - Research and development expenses for 2022 were CNY 551,918,591.06, compared to CNY 518,716,202.27 in 2021, showing an increase of approximately 6.4%[193]. Market and Product Development - The company aims to enhance its market share and profitability by focusing on innovation-driven development and expanding into new industries during the 14th Five-Year Plan period[64]. - The company is focusing on expanding its international market presence while consolidating its domestic market strategy[35]. - The company aims to enhance sustainable operational capabilities by implementing performance-driven and value-oriented budget indicators, ensuring completion of targets[66]. Governance and Compliance - The company has complied with the governance requirements set by the China Securities Regulatory Commission and the Shanghai Stock Exchange, with no significant discrepancies reported[71]. - The company has established a robust mechanism for decision-making, execution, and supervision among the shareholders, board, and management[71]. - The company has implemented a comprehensive compliance management system to mitigate legal and regulatory risks[69]. Environmental Responsibility - The company invested 62.35 million yuan in environmental protection during the reporting period[114]. - The company reported a chemical oxygen demand (COD) discharge concentration of 25.75 mg/L, significantly below the standard value of 100 mg/L[115]. - The company is committed to achieving zero accidents and minimizing emissions as part of its environmental responsibility strategy[68]. Employee and Talent Management - The total number of employees in the parent company and major subsidiaries is 8,276, with 3,422 in the parent company and 4,854 in subsidiaries[98]. - The company conducted 717 training sessions, training over 33,300 employees for a total of 3,412 hours[101]. - The company emphasizes a salary distribution system that favors marketing, high-tech R&D, and senior management roles[100].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 4,496,792,675, representing a year-on-year increase of 6.52%[4] - The net profit attributable to shareholders was CNY 37,283,622.49, showing a decrease of 3.62% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 11,783,954.76, down 62.75% year-on-year[4] - Total operating revenue for Q1 2023 was ¥4,496,792,675, an increase of 6.5% compared to ¥4,221,704,188 in Q1 2022[18] - Net profit for Q1 2023 was ¥39,952,313.25, slightly higher than ¥39,060,899.35 in Q1 2022, representing a growth of 2.3%[19] - The total comprehensive income for Q1 2023 was ¥39,952,313.25, compared to ¥39,060,899.35 in Q1 2022, indicating a slight increase of 2.3%[20] Cash Flow - The net cash flow from operating activities was negative CNY 456,043,738.62, an increase of 4.15% compared to the previous year[5] - Cash inflow from operating activities in Q1 2023 was ¥3,615,761,389.58, an increase from ¥3,195,740,017.80 in Q1 2022, showing a growth of 13.1%[21] - The net cash flow from operating activities was -456,043,738.62, an improvement from -475,798,437.58 in the previous year[22] - The net increase in cash from operating activities of ¥3,615,761,389.58, compared to ¥3,195,740,017.80 in the previous year, reflecting a positive cash flow trend[21] - The total cash outflow from operating activities amounted to 4,071,805,128.20, an increase from 3,671,538,455.38 year-over-year[22] - The net cash flow from financing activities increased to 1,253,730,660.04, up from 1,080,854,828.56 year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 44,317,623,708.37, an increase of 7.41% from the end of the previous year[5] - Total liabilities increased to ¥32,413,512,155.75 from ¥29,394,975,048.38, reflecting a rise of approximately 6.9%[16] - The total owner's equity reached ¥11,904,111,552.62, compared to ¥11,865,844,329.45, reflecting a growth of approximately 0.3%[16] - The total liabilities to total assets ratio is approximately 73.1%, indicating a high leverage position[16] Research and Development - The company's R&D expenses increased by 87.94%, reflecting a commitment to enhance technological innovation[10] - Research and development expenses for Q1 2023 were ¥137,893,440.06, significantly higher than ¥73,372,101.05 in Q1 2022, marking an increase of 88.2%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 258,685, with the largest shareholder holding 63.88% of the shares[11] Government Subsidies - The company received government subsidies amounting to CNY 6,242,751.27, which are closely related to its normal business operations[6] Investment Income - The company reported a significant decrease of 61.84% in investment income, primarily due to lower equity method investment returns[10] - Investment income for Q1 2023 was ¥47,099,326.39, down from ¥123,421,402.78 in Q1 2022, a decline of 61.9%[19]

Financial Performance - The company's operating revenue for Q3 2022 was ¥7,218,269,658.65, representing a year-on-year increase of 13.31%[5] - The net profit attributable to shareholders for the same period was ¥25,008,339.55, a significant increase of 166.79% compared to the previous year[5] - The basic earnings per share for Q3 2022 was ¥0.0010, down 28.57% from the previous year[6] - Total operating revenue for the first three quarters of 2022 reached ¥18,820,555,225.08, an increase of 11.6% compared to ¥16,863,256,122.82 in the same period of 2021[21] - Net profit for the first three quarters of 2022 was ¥69,086,184.01, slightly higher than ¥68,197,960.70 in the same period of 2021, indicating a growth of 1.3%[22] Assets and Liabilities - Total assets at the end of the reporting period reached ¥43,541,616,753.10, reflecting a growth of 13.71% compared to the end of the previous year[6] - Current assets reached CNY 29.87 billion, up from CNY 24.55 billion, indicating a growth of about 21.3% year-over-year[17] - Total liabilities increased to CNY 31.99 billion from CNY 26.75 billion, reflecting a growth of about 19.0%[18] - The company reported a total equity of CNY 11.55 billion, which is an increase from CNY 11.54 billion, showing a slight growth of about 0.1%[18] Cash Flow - The net cash flow from operating activities was negative at -¥749,256,983.38, indicating a decrease of 59.50% compared to the previous year[6] - The net cash flow from operating activities for the first three quarters of 2022 was -¥749,256,983.38, an improvement from -¥1,849,986,852.76 in the same period of 2021[27] - Cash inflow from financing activities totaled 9,437,513,710.78, an increase from 9,157,494,152.72 in the prior period[28] - The net cash flow from financing activities was 1,597,691,171.39, a decrease from 4,072,074,629.85 year-over-year[28] - The ending balance of cash and cash equivalents was 2,183,913,343.59, compared to 1,744,279,088.16 at the end of the previous period[28] Investments and Income - The company reported an investment income increase of 812.92% from its equity stake in Zhongpin Shengde International Development Co., Ltd.[12] - The company recorded an investment income of ¥198,997,972.32 in Q3 2022, significantly higher than ¥21,797,879.93 in Q3 2021, representing a growth of 810.5%[22] Shareholder Information - The total number of shareholders was reported at 267,584, with the largest shareholder, China First Heavy Industries Group, holding 63.88% of the shares[14] Costs and Expenses - Total operating costs for the first three quarters of 2022 were ¥18,930,366,588.68, up from ¥16,765,534,783.18 in 2021, reflecting a rise of 12.9%[21] - Research and development expenses decreased to ¥343,277,317.37 in Q3 2022 from ¥401,915,120.92 in Q3 2021, a reduction of 14.5%[22] - The financial expenses for Q3 2022 were ¥433,226,087.45, up from ¥394,354,496.95 in Q3 2021, marking an increase of 9.8%[22] Inventory and Receivables - Inventory levels increased to CNY 4.25 billion from CNY 3.58 billion, representing a growth of approximately 18.6%[17] - Accounts receivable rose by 81.43% as a result of increased business scale and outstanding payments not yet collected[12] - Accounts receivable rose significantly to CNY 7.14 billion, compared to CNY 3.94 billion, marking an increase of around 81.5%[17] Borrowings - Long-term borrowings increased by 29.43% as the company added new loans based on operational needs[12] - Short-term borrowings rose to CNY 6.87 billion, up from CNY 5.19 billion, indicating an increase of approximately 32.4%[18] - The company’s long-term borrowings increased to CNY 8.57 billion from CNY 6.62 billion, reflecting a growth of about 29.5%[18] Other Financial Information - Other comprehensive income after tax for Q3 2022 was -¥101,058,448.40, compared to no significant change in the previous year[23] - Net cash flow from investment activities was -99,973,773.68, indicating a significant outflow compared to the previous period's -2,763,511,267.92[28] - The company executed new accounting standards starting in 2022, which may affect financial reporting[28]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥11,602,285,566.43, representing a 10.57% increase compared to ¥10,492,747,397.39 in the same period last year[16]. - The net profit attributable to shareholders of the listed company was ¥63,423,343.22, up 9.74% from ¥57,792,127.37 year-on-year[16]. - The net profit after deducting non-recurring gains and losses decreased by 56.60%, amounting to ¥18,711,052.22 compared to ¥43,115,483.98 in the previous year[16]. - The total profit for the company in the same period was 926.857 million yuan[24]. - The company achieved a revenue of 11.602 billion yuan in the first half of 2022, representing a year-on-year growth of 10.57%[24]. - The company's operating revenue for the first half of 2022 was 11.60 billion RMB, representing a year-on-year increase of 10.57%[27]. - The net profit for the first half of 2022 was ¥62,746,008.51, compared to ¥58,406,706.66 in the previous year, indicating a growth of 4.01%[102]. - The company reported a total comprehensive income of CNY -37,011,907.81 for the first half of 2022, compared to CNY 59,218,146.24 in the same period of 2021[103]. - The total comprehensive income for the first half of 2022 was -99,757,916.32 RMB, compared to 63,423,343.22 RMB in the same period last year, indicating a significant decline[116]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 61.41%, with a net outflow of ¥711,438,366.98 compared to ¥1,843,769,109.96 in the same period last year[16]. - The cash flow from operating activities for the first half of 2022 was a net outflow of CNY 711,438,366.98, an improvement from a net outflow of CNY 1,843,769,109.96 in the same period of 2021[109]. - The company reported a net cash flow from financing activities of 1.92 billion RMB, a decrease of 42.17% year-on-year, due to significantly reduced new borrowings[28]. - The cash inflow from operating activities totaled 2,485,737,049.25 RMB, down from 5,323,509,142.91 RMB year-on-year[112]. - The company paid 5,165,446,451.69 RMB in debt repayments, significantly higher than 2,640,240,909.76 RMB in the previous period[110]. Assets and Liabilities - The total assets increased by 13.13%, reaching ¥43,320,636,413.38 compared to ¥38,292,029,078.04 at the end of the previous year[16]. - Total assets increased to CNY 43.32 billion, up from CNY 38.29 billion, representing a growth of approximately 13.2% year-over-year[96]. - Total liabilities reached CNY 31.80 billion, up from CNY 26.75 billion, marking an increase of 18.8%[96]. - Current assets totaled CNY 29.56 billion, an increase of 20.4% from CNY 24.55 billion in the previous period[95]. - Accounts receivable rose to CNY 7.20 billion, up 83.5% from CNY 3.94 billion, indicating improved sales performance[94]. - Inventory increased to CNY 4.13 billion, a rise of 15.4% compared to CNY 3.58 billion, reflecting higher production levels[94]. Expenses and Cost Management - Operating costs increased to 10.85 billion RMB, a year-on-year growth of 15.44%, primarily due to higher revenue and changes in product structure[27]. - Sales expenses decreased to 0.77 billion RMB, down 27.31% year-on-year, mainly due to reduced travel and exhibition costs amid the pandemic[27]. - Management expenses were 2.79 billion RMB, a decline of 6.92% year-on-year, attributed to lower personnel costs and reduced travel expenses[27]. - R&D expenses fell to 1.91 billion RMB, down 29.71% year-on-year, due to a decrease in planned R&D investments[28]. - Research and development expenses for the first half of 2022 were ¥190,629,574.34, down from ¥271,186,178.59, a decrease of 29.69%[100]. Strategic Initiatives and Future Outlook - The company aims to enhance its core manufacturing industry by securing quality contracts and establishing a differentiated pricing mechanism[25]. - The company is focusing on risk prevention by maintaining a high-pressure cash flow assessment and exiting non-core, high-risk assets[25]. - The company is committed to digital transformation and optimizing cost control mechanisms[25]. - The company plans to enhance its compliance management system to mitigate legal and regulatory risks[45]. - The company plans to expand its market presence and invest in new technologies to drive future growth[96]. Environmental and Social Responsibility - The company has implemented a carbon peak and carbon neutrality plan, with total energy consumption decreasing by 6.55% year-on-year in the first half of the year[66]. - The company has established a complete environmental management system, including an annual environmental protection inspection plan and safety and environmental assessment methods[64]. - The company has received no administrative penalties for environmental issues during the reporting period[63]. - The company has maintained good operational status for all pollution control facilities, ensuring compliance with environmental standards[53]. - The company reported a total hazardous waste generation of 1,097 tons, with a storage amount of 139,525.594 tons and a disposal amount of 10,990 tons[52]. Corporate Governance and Shareholder Information - The company has undergone management changes, with the election of a new chairman in April 2022[48]. - The total number of ordinary shareholders reached 273,971 by the end of the reporting period[88]. - The largest shareholder, China First Heavy Industries Group Co., Ltd., holds 4,380,563,888 shares, accounting for 63.88% of the total shares[89]. - The company did not allocate or increase share distribution during the reporting period[49]. - The company has a lock-up period of 36 months for 319,782,927 shares held by its controlling shareholder[70]. Related Party Transactions - The company reported a related party transaction amounting to 72.94 million RMB with a subsidiary of the controlling shareholder as of June 2022[74]. - The maximum deposit limit with a related financial company is 450 million RMB, with a deposit interest rate range of 0.35%-1.5%[78]. - The company has a loan limit of 56.19 million RMB with the same financial company, with an interest rate range of 3.65%-3.7%[80]. - The total amount of short-term loans from the related financial company was 561.94 million RMB[81]. Accounting Policies and Financial Reporting - The company's financial statements were approved by the board of directors on August 25, 2022[127]. - The company's financial statements are prepared based on the assumption of going concern and comply with the relevant accounting standards[129]. - The company recognizes revenue when control of goods is transferred to customers, with specific conditions outlined for contract approval and payment terms[197]. - The company assesses control over subsidiaries to determine the scope of consolidation in its financial statements[140]. - The company applies specific accounting policies for revenue recognition and other transactions based on its operational characteristics[131].

Financial Performance - The company's total revenue for 2021 was approximately CNY 23.13 billion, representing a 16.21% increase compared to CNY 19.90 billion in 2020[16]. - The net profit attributable to shareholders for 2021 was CNY 168.37 million, an increase of 29.05% from CNY 130.47 million in 2020[16]. - The net cash flow from operating activities for 2021 was CNY 682.17 million, showing a slight decrease of 1.21% compared to CNY 690.49 million in 2020[16]. - The company's net profit after deducting non-recurring gains and losses was CNY 135.97 million in 2021, compared to a loss of CNY 94.62 million in 2020[16]. - The company achieved an operating revenue of 23.128 billion RMB in 2021, representing a year-on-year growth of 16.21%[22]. - The net profit for 2021 was 133 million RMB, which is a 1.51% increase compared to the previous year[22]. - Basic earnings per share for 2021 were 0.0246 RMB, up 29.47% from 0.0190 RMB in 2020[18]. - The weighted average return on net assets increased to 1.5009%, up by 0.3268 percentage points from 1.1741% in 2020[18]. - The company reported a net cash inflow from operating activities of CNY 682.17 million, a slight decrease of 1.21% from the previous year[28]. - The company reported a total order value of CNY 2.26 billion for nuclear energy equipment, an increase of 11.75% year-on-year[33]. Assets and Liabilities - As of the end of 2021, the total equity attributable to shareholders was CNY 11.44 billion, a 2.77% increase from CNY 11.13 billion at the end of 2020[16]. - Total assets reached CNY 38.29 billion by the end of 2021, marking a 16.47% increase year-on-year[28]. - The company's total liabilities increased by 9.6%, with a debt-to-asset ratio of 56.1%, a slight decrease of 0.1 percentage points from the previous year[49]. - The total current assets increased to CNY 24.555 billion as of December 31, 2021, compared to CNY 21.684 billion in the previous year, reflecting a growth of approximately 8.1%[165]. - The total liabilities reached ¥26,750,103,434.74, up from ¥21,618,379,799.76, indicating a growth of around 23.5%[167]. Research and Development - Research and development expenses amounted to CNY 518.72 million, up 9.63% from the previous year, indicating increased investment in product development[29]. - The company filed 129 patents and revised 22 national and industry standards during the year, indicating a strong focus on innovation[22]. - The company completed 21 out of 43 key research projects, showcasing effective technology innovation and project management[22]. - Total R&D investment reached 953.93 million yuan, representing 4.12% of operating revenue, with 45.62% of R&D costs capitalized[40]. Corporate Governance - The company has received a standard unqualified audit report from Zhongshun Zhonghuan Accounting Firm for the fiscal year[3]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[5]. - The company has not provided any guarantees in violation of regulatory decision-making procedures[5]. - The company has established a compliance management system to mitigate legal and regulatory risks, focusing on key areas and personnel[60]. - The company has improved the efficiency of the board's operations and established a clear division of responsibilities among the shareholders' meeting, board of directors, and supervisory board[62]. Environmental Responsibility - The company reported a total hazardous waste generation of 6,077.68 tons, with a storage amount of 23,845.594 tons and a disposal amount of 1,179.78 tons[98]. - The company has established various pollution control facilities, all reported to be in good operating condition[99]. - The company has received no administrative penalties for environmental issues during the reporting period[106]. - The company is committed to reducing carbon emissions and has commissioned a third-party consulting firm to develop a "Carbon Peak and Carbon Neutrality Implementation Plan" to clarify reduction paths and implementation milestones[109]. Future Outlook and Strategy - The company aims to enhance its market share and profitability by focusing on innovation-driven development and transforming traditional industries during the "14th Five-Year Plan" period[57]. - The company plans to implement a comprehensive strategy involving upgrades, transformations, investments, mergers, and collaborations to expand into new fields and industries[57]. - Future performance guidance indicates a positive outlook, with expectations for revenue growth driven by increased demand in key markets[70]. - The company plans to continue focusing on capital management and restructuring to improve financial stability in the upcoming year[188].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 4,221,704,188.66, representing a year-on-year increase of 15.62%[4] - The net profit attributable to shareholders was RMB 38,685,344.55, reflecting a growth of 3.31% compared to the same period last year[4] - Basic earnings per share for the period was RMB 0.0056, an increase of 1.82%[5] - The company reported non-recurring gains of RMB 7,048,723.21 for the period[7] - The net profit for Q1 2022 was approximately CNY 39.06 million, a slight increase from CNY 39.04 million in Q1 2021, reflecting a growth of 0.05%[19] - The total comprehensive income for the quarter was CNY 39.06 million, slightly up from CNY 39.04 million in the previous year, indicating stability in overall performance[20] Cash Flow and Liquidity - The net cash flow from operating activities decreased to RMB -475,798,437.58, a decline of 51.8% year-on-year[4] - The cash flow from operating activities showed a net outflow of CNY 475.80 million, an improvement from a net outflow of CNY 987.04 million in the previous year[21] - The net cash flow from financing activities was CNY 1,080,854,828.56, an increase of 109.9% compared to CNY 513,769,110.16 in the previous year[22] - Cash and cash equivalents at the end of the period amounted to CNY 2,017,226,388.90, up from CNY 1,755,346,843.89 year-over-year[22] - The net increase in cash and cash equivalents was CNY 580,868,265.09, contrasting with a decrease of CNY 531,001,287.94 in the same quarter last year[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to RMB 39,762,879,741.03, up 3.84% from the end of the previous year[5] - Total liabilities increased to RMB 28,180,083,877.90 in Q1 2022 from RMB 26,750,103,434.74 in Q1 2021, showing a rise of 5.3%[17] - Non-current liabilities totaled RMB 7,945,086,941.69 as of March 31, 2022, compared to RMB 7,309,376,830.33 at the end of 2021, indicating an increase of 8.7%[17] - The total equity attributable to shareholders was RMB 11,482,616,793.97 as of March 31, 2022, compared to RMB 11,442,122,128.94 at the end of 2021, reflecting a marginal increase of 0.4%[17] Operational Metrics - Total operating costs for Q1 2022 were RMB 4,299,962,513.51, up from RMB 3,626,586,282.60 in Q1 2021, reflecting a year-over-year increase of 18.5%[17] - Accounts receivable increased to RMB 4,290,241,168.74 in Q1 2022 from RMB 3,937,964,253.13 in Q1 2021, indicating a rise of 9%[14] - Inventory levels rose to RMB 4,170,201,750.34 in Q1 2022, compared to RMB 3,578,982,139.10 in Q1 2021, marking an increase of 16.5%[14] Expenses - Research and development expenses decreased to CNY 73.37 million from CNY 109.81 million, representing a reduction of 33.3%[19] - The financial expenses rose to CNY 130.20 million, up from CNY 114.69 million, marking an increase of 13.4%[19] - The total tax expenses for the quarter were CNY 18.15 million, slightly higher than CNY 18.02 million in Q1 2021, reflecting an increase of 0.73%[19] - The company’s sales expenses increased to CNY 54.62 million from CNY 53.46 million, representing a rise of 2.17%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 280,802[10] - The largest shareholder, China First Heavy Industries Group Co., Ltd., holds 63.88% of the shares, with 2,140,000,000 shares pledged[10] Other Information - The company did not apply the new accounting standards for the current year[22] - The report was released on April 26, 2022, by the board of directors of China First Heavy Industries[22]

Financial Performance - The company's operating revenue for Q3 2021 was ¥6,370,508,725.43, representing a year-over-year increase of 35.07%[4] - The net profit attributable to shareholders for Q3 2021 was ¥9,373,703.78, a significant increase of 157.77% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2021 reached ¥16,863,256,122.82, an increase of 26.5% compared to ¥13,310,966,235.62 in the same period of 2020[19] - Net profit for the third quarter of 2021 was ¥68,197,960.70, up from ¥56,857,267.02 in the previous year, representing a growth of 19.5%[20] - The total comprehensive income for the third quarter of 2021 was ¥68,197,960.70, compared to ¥52,989,260.13 in the previous year, indicating a growth of 28.8%[21] Assets and Liabilities - The total assets at the end of the reporting period reached ¥40,571,451,163.04, reflecting a growth of 23.42% from the end of the previous year[5] - Current assets totaled RMB 27,070,885,023.35, up from RMB 21,684,211,640.15, indicating a growth of about 24.8% year-over-year[16] - The company's total equity attributable to shareholders was ¥11,201,614,517.05, showing a slight increase of 0.61% from the previous year[5] - Total liabilities as of the end of the third quarter of 2021 amounted to ¥29,245,169,064.40, up from ¥21,618,379,799.76 at the end of the previous year, indicating a growth of 35.4%[18] Cash Flow - The company reported a net cash flow from operating activities of -¥1,849,986,852.76 for the year-to-date period, a decrease of 7.64% compared to the previous year[5] - The cash inflow from operating activities for Q3 2021 was CNY 12,802,639,363.95, an increase from CNY 10,365,129,542.03 in Q3 2020, representing a growth of approximately 23.5%[22] - The net cash outflow from operating activities was CNY -1,849,986,852.76, compared to CNY -1,718,642,483.95 in the same period last year, indicating a decline in cash flow performance[22] - The cash outflow for purchasing goods and services was CNY 13,126,404,335.41, up from CNY 10,552,056,561.35 in Q3 2020, reflecting an increase of about 24%[22] - The net cash flow from financing activities was CNY 4,072,074,629.85, up from CNY 2,191,925,926.26 in the previous year, showing a growth of about 85.7%[24] Research and Development - The company increased its R&D expenses by 86.50% year-over-year, indicating a commitment to product development and quality improvement[10] - Research and development expenses increased to ¥401,915,120.92 in the first three quarters of 2021, compared to ¥215,508,305.23 in the same period of 2020, reflecting an increase of 86.3%[19] Investments - The long-term equity investment saw a dramatic increase of 647.14% due to the acquisition of a 38.74% stake in Zhongpin Shengde International Development Co., Ltd.[10] - The investment income reported was ¥11,697.78 million, primarily from the equity held in Zhongpin Shengde International Development Co., Ltd.[10] - Long-term equity investments surged to RMB 2,905,168,715.49 from RMB 388,840,621.94, reflecting a substantial increase of approximately 646.5%[16] Shareholder Information - The company has a major shareholder, China First Heavy Industries Group Co., Ltd., holding 63.88% of the shares, with a pledged amount of 2,140,000,000 shares[12] - The report indicates that there are no significant related party transactions among the top shareholders, ensuring transparency in ownership structure[13]