证券代码：601126 证券简称：四方股份 公告编号：2023-006 北京四方继保自动化股份有限公司 关于参加沪市特高压行业上市公司 2022 年年报 集体业绩说明会的公告 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： （网址：http://roadshow.sseinfo.com/） 投资者可于 2023 年 4 月 18 日(星期二) 至 4 月 24 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 ir@sf-auto.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。 北京四方继保自动化股份有限公司（以下简称"公司"）已于 2023 年 3 月 31 日在上海证券交易所（www.sse.com.cn）及指定信息 披露媒体披露了《四方股份 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，同时更加充 会议召开时间：2023 年 4 月 25 日(星期二) 下午 15:00-16:30 会议召开 ...

Financial Performance - The net profit attributable to shareholders for the year ended December 31, 2022, was CNY 543,214,264.81, representing a year-on-year increase of 20.21%[3]. - The company's operating revenue for 2022 reached CNY 5.078 billion, an increase of 18.15% compared to the previous year[16]. - Basic earnings per share for 2022 were CNY 0.67, up 19.64% from CNY 0.56 in 2021[14]. - The net profit attributable to shareholders was RMB 543.21 million, reflecting a growth of 20.21% from RMB 451.89 million in the previous year[29]. - The net profit after deducting non-recurring gains and losses was RMB 529.30 million, up 29.29% from RMB 409.38 million in 2021[29]. - The net cash flow from operating activities was RMB 709.93 million, a 6.24% increase from RMB 668.21 million in 2021[29]. - Operating revenue increased to ¥5,078,494,632.06, up 18.15% from ¥4,298,217,520.75 in the same period last year[43]. - The company reported a significant increase in income tax expenses to ¥110,367,991.47, up 36.03% from ¥81,137,335.25 last year[43]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in the last fiscal year, representing a growth of 20% year-over-year[148]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 6.15 per 10 shares, totaling CNY 500,100,780[3]. - The company declared a cash dividend of 406,586,000.00 RMB, which represents 89.98% of the net profit attributable to ordinary shareholders in the consolidated financial statements[198]. - The cash dividend per 10 shares is set at 5.00 RMB, including tax[198]. - The total dividend amount also accounts for 89.98% of the net profit attributable to ordinary shareholders in the consolidated financial statements[198]. Research and Development - The company has strengthened its research and development efforts, focusing on technologies related to the new power system and energy storage[19]. - The company holds 757 authorized invention patents and has participated in the formulation of 432 national and industry standards, showcasing its commitment to innovation[40]. - The company has a strong R&D team, with 865 personnel, representing over 26% of the workforce, and an average R&D investment ratio exceeding 10% for several years[51]. - Research and development expenses decreased to ¥425,254,764.06, down 4.80% from ¥446,716,568.59 year-on-year[43]. - The company invested approximately ¥438,039,907.10 in R&D, accounting for 8.63% of its revenue, with capitalized R&D representing 2.92%[80]. - Research and development investments increased by 30%, focusing on enhancing product capabilities and developing new technologies[148]. Market Expansion - The company is actively expanding its market presence, achieving breakthroughs in key provinces of the State Grid and rapid growth in the renewable energy sector[18]. - The company aims to expand its market presence internationally, with products sold in over 70 countries and regions[27]. - The company is focusing on the development of smart power distribution and energy storage solutions, leveraging new technologies such as IoT, AI, and cloud computing to enhance competitiveness[77][82]. - The company aims to capture opportunities in the green and low-carbon transformation of key industries, including steel, petrochemicals, and rail transportation, during the 14th Five-Year Plan[77]. - The company is focusing on overseas new energy markets, mining areas, and industrial parks for comprehensive power supply solutions[134]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of the next fiscal year[148]. Corporate Governance - The company has implemented measures to improve corporate governance, ensuring compliance with relevant laws and regulations[136]. - The company has established various specialized committees, including the audit committee and the strategic committee, to oversee different aspects of governance[172]. - The company has a structured approach to managing insider information and investor relations[136]. - The company has maintained continuity in its senior management, with most executives being re-elected or newly appointed[150]. - The company held a total of 7 board meetings in 2022, with all members attending each meeting[164]. Employee Engagement and Development - The company emphasizes cultural development and employee engagement through various activities to enhance its core competitiveness[21]. - The total number of employees at the parent company and major subsidiaries is 3,237, with 1,868 being technical personnel[176][178]. - The training plan for 2022 achieved a project implementation rate of 98.5%, aiming for full employee learning[182]. - The company conducted 61 external expert lectures and maintained a login rate of 99.78% for its new online learning platform[185]. - The company provides supplementary insurance for employees, including medical and accident insurance[166]. - The company emphasizes training and development, creating a comprehensive training framework for all employees[167]. Strategic Initiatives - The company aims to enhance its service quality and product differentiation to capture new market opportunities[54]. - The company is committed to becoming a leading technology enterprise by advancing its smart grid, renewable energy, and energy storage businesses[82]. - The company is actively working on optimizing resources and selecting projects based on regional advantages[134]. - The company plans to enhance its autonomous control systems and industrial control business, integrating market and R&D resources for better competitiveness[76]. - The company is exploring potential acquisitions to strengthen its position in the automation sector, with a budget of 200 million allocated for this purpose[148]. Financial Position - The total assets at the end of 2022 reached approximately RMB 8.45 billion, reflecting a growth of 14.66% from the previous year[120]. - The net assets attributable to shareholders of the listed company at the end of 2022 were approximately RMB 4.04 billion, an increase of 4.48% compared to the end of 2021[120]. - Cash and cash equivalents at the end of the period amounted to ¥2,322,630,090.24, representing 27.49% of total assets, an increase of 15.33% compared to the previous period[86]. - The company reported a significant decrease of 58.95% in notes receivable, down to ¥65,315,694.63, compared to the previous period[86]. - Long-term equity investments grew by 124.36% year-on-year, mainly due to the investment in a joint venture, Zhongneng Zhixin Technology Industry Development Co., Ltd.[95].

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,209,050,326.45, representing a year-on-year increase of 6.15%[7] - The net profit attributable to shareholders for the same period was ¥134,685,977.61, with a slight increase of 0.50% year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥132,848,495.45, reflecting an increase of 8.83% compared to the previous year[7] - The basic earnings per share for Q3 2022 was ¥0.1656, consistent with the previous year[9] - Total operating revenue for the first three quarters of 2022 reached ¥3,599,314,945.51, an increase of 16.0% compared to ¥3,102,897,719.11 in the same period of 2021[29] - Net profit attributable to shareholders of the parent company for the first three quarters of 2022 was ¥438,536,107.14, up 14.1% from ¥384,558,079.23 in 2021[31] - Basic earnings per share for the first three quarters of 2022 were ¥0.5393, compared to ¥0.4729 in the same period of 2021, reflecting a growth of 14.0%[33] - The total comprehensive income for the first three quarters of 2022 was ¥439,388,947.71, up from ¥384,804,384.62 in 2021, reflecting a growth of 14.2%[33] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥7,530,279,297.53, showing a growth of 2.16% from the end of the previous year[9] - The equity attributable to shareholders reached ¥3,927,703,077.54, an increase of 1.45% year-on-year[9] - The company's total liabilities increased to RMB 3,599,347,018.12 from RMB 3,497,165,319.75, reflecting a growth of about 2.91%[26] - The company's total non-current assets amounted to RMB 898,862,834.49, compared to RMB 884,496,896.15, showing a growth of approximately 1.63%[24] - The company's retained earnings decreased to $510.1 million, down 34.8% from $784.2 million at the end of the previous year[45] - The company reported a total equity of $3.08 billion, down 7.5% from $3.33 billion at the end of the previous year[45] Cash Flow - The cash flow from operating activities showed a significant decline of 51.94% year-on-year, totaling ¥178,402,254.39[7] - Cash inflow from operating activities for the first three quarters of 2022 was ¥3,888,760,777.13, an increase of 8.2% from ¥3,594,285,158.76 in 2021[35] - The net cash flow from operating activities decreased to $178.4 million, down 52.0% from $371.2 million in the previous period[37] - The total cash and cash equivalents at the end of the third quarter of 2022 were CNY 1,068,848,330.80, down from CNY 1,328,808,157.17 at the end of the same period in 2021[54] Investment and Expenses - The company has increased its investment in joint ventures, particularly in the new technology industry, which contributed to a rise in long-term equity investments by 109.18%[12] - Research and development expenses for the first three quarters of 2022 were ¥309,910,174.28, a slight decrease of 3.5% from ¥321,229,374.24 in 2021[29] - The company reported a net investment loss of ¥4,409,209.25 for the first three quarters of 2022, compared to a loss of ¥419,200.31 in 2021[29] - The company incurred a financial expense of CNY -31,192,115.07 in the first three quarters of 2022, compared to CNY -13,988,653.33 in the previous year, indicating a worsening financial position[47] - The company’s investment activities generated a net cash flow of CNY 44,284,974.41 in the first three quarters of 2022, compared to CNY 33,574,670.30 in the same period of 2021, showing improvement in investment returns[52] Market and Product Development - The company plans to expand its market presence and enhance its product offerings through ongoing research and development initiatives[12]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥2,390,264,619.06, representing a 21.71% increase compared to ¥1,963,947,971.86 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥303,850,129.53, up 21.27% from ¥250,547,738.91 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥292,604,290.15, reflecting a 28.68% increase from ¥227,394,677.32 in the same period last year[22]. - The basic earnings per share for the first half of 2022 was ¥0.3737, an increase of 21.29% compared to ¥0.3081 in the previous year[25]. - The weighted average return on net assets increased by 1.46 percentage points to 7.67% from 6.21% in the previous year[25]. - The total operating revenue for the first half of 2022 reached ¥2,390,264,619.06, an increase of 21.0% compared to ¥1,963,947,971.86 in the same period of 2021[162]. - Net profit for the first half of 2022 was ¥303,909,473.41, representing a 21.4% increase from ¥250,447,320.25 in the same period of 2021[166]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥129,490,072.87, a significant decrease compared to ¥63,503,321.54 in the same period last year, representing a decline of 303.91%[22]. - Cash and cash equivalents decreased by 27.96% to approximately CNY 1.45 billion from CNY 2.01 billion at the end of the previous year[70]. - The total current assets amounted to CNY 6,061,096,676.78, a decrease from CNY 6,486,602,734.37 at the beginning of the period, reflecting a decline of approximately 6.5%[152]. - Cash and cash equivalents decreased from ¥1,391,367,636.57 to ¥1,059,332,984.64, a drop of approximately 23.8%[158]. - The company's cash flow from operating activities showed a net outflow of ¥129,490,072.87, compared to a net inflow of ¥63,503,321.54 in the first half of 2021[176]. Investments and R&D - The company has over 700 authorized invention patents and 560 software copyrights, demonstrating a strong commitment to technological innovation[38]. - The company has established a comprehensive R&D innovation management system, with a high proportion of R&D investment[38]. - Research and development expenses rose by 6.11% to CNY 200,446,031.25, up from CNY 188,912,371.68[56]. - The company is actively expanding its distributed energy and energy storage business, with successful bids for several clean energy management projects[51]. - The company reported an investment loss of ¥3,659,726.70 in the first half of 2022, compared to a loss of ¥91,674.50 in the same period of 2021[166]. Market Position and Strategy - The company’s products are sold in over 60 countries and regions, maintaining a leading market share in the industry[31]. - The company aims to enhance the safety and intelligence of electricity usage through AI and IoT solutions, targeting industries such as steel, petrochemicals, and transportation[32]. - The company is positioned to benefit from the accelerating construction of new energy projects, with significant investments expected in the second half of the year[37]. - The company plans to continue expanding its market presence in the renewable energy sector, focusing on wind and solar energy[66]. - The company secured contracts for multiple renewable energy projects, including a 2000MW multi-energy complementary project in Guangxi, contributing to significant market share growth[45]. Risk Management - The company faces risks from macroeconomic and industry policy changes, with a focus on maintaining competitiveness in smart power generation and new energy sectors[81]. - Rising raw material prices due to international market fluctuations pose a risk to operational costs, prompting the company to strengthen supply chain management[85]. - The ongoing COVID-19 pandemic presents challenges to production and international business expansion, with measures in place to minimize its impact[88]. - The company has strengthened its risk management framework, enhancing its ability to identify and prevent risks[53]. Corporate Governance and Legal Matters - The company did not propose any profit distribution plan or capital reserve transfer to share capital during the reporting period[7]. - A new board of directors was elected on May 6, 2022, with key appointments including Liu Zhichao as CEO and Fu Rao as CFO, effective until May 5, 2025[96]. - The company has initiated civil litigation against former shareholders of Shanghai Hongshen for failing to meet performance commitments, claiming a cash compensation of 47,301,428.57 RMB[119]. - The company has concluded the forced liquidation process of Shanghai Hongshen Technology Development Co., Ltd.[119]. - The company has not reported any significant litigation or arbitration matters pending during the reporting period[118].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 1,069,322,474.25, representing a year-on-year increase of 32.56%[5] - The net profit attributable to shareholders was RMB 128,889,997.02, reflecting a growth of 38.31% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 127,662,335.69, which is an increase of 61.35% year-on-year[5] - The basic earnings per share for the period was RMB 0.1585, marking a 38.31% increase from the previous year[5] - Total operating revenue for Q1 2022 reached ¥1,069,322,474.25, a 32.5% increase from ¥806,690,021.95 in Q1 2021[26] - Net profit for Q1 2022 was ¥128,810,297.38, representing a 38.4% increase compared to ¥93,104,848.16 in Q1 2021[28] - The total comprehensive income for Q1 2022 was ¥128,839,501.17, compared to ¥93,120,081.91 in Q1 2021, indicating a significant growth[29] Assets and Liabilities - The company's total assets at the end of the reporting period were RMB 7,382,423,099.73, a slight increase of 0.15% from the end of the previous year[5] - The company's equity attributable to shareholders was RMB 4,008,508,206.97, which is a 3.54% increase from the end of the previous year[8] - As of March 31, 2022, the company's total assets amounted to CNY 7,382,423,099.73, a slight increase from CNY 7,371,099,630.52 at the end of 2021[22] - Total liabilities decreased to CNY 3,371,488,268.80 from CNY 3,497,165,319.75, a reduction of approximately 3.60%[22] - The total liabilities increased to $1.54 billion, compared to $1.45 billion at the end of the previous year[36] Cash Flow - The net cash flow from operating activities was negative RMB 53,594,616.51, a decline of 130.25% year-on-year[5] - Cash inflow from operating activities in Q1 2022 totaled ¥1,170,461,357.06, a decrease from ¥1,239,660,950.95 in Q1 2021[31] - The net cash flow from operating activities was -$53.59 million, a significant decrease compared to $177.19 million in the same quarter of the previous year[32] - The total cash inflow from operating activities in Q1 2022 was ¥343,720,100.44, down 29.1% from ¥484,938,007.28 in Q1 2021[43] Shareholder Information - The company reported a total of 63,491 common shareholders at the end of the reporting period[12] - The largest shareholder, Sifang Electric Group Co., Ltd., held 44.10% of the shares[12] Expenses - Total operating costs for Q1 2022 were ¥929,951,681.14, up 23.2% from ¥754,820,402.72 in Q1 2021[26] - Research and development expenses for Q1 2022 amounted to ¥100,420,294.50, an increase from ¥93,754,865.70 in Q1 2021[26] - Sales expenses decreased to ¥89,645,788.67 in Q1 2022 from ¥103,782,771.75 in Q1 2021, reflecting a 13.6% reduction[26] - The company reported a financial expense of -¥9,346,884.88 in Q1 2022, compared to -¥3,850,775.61 in Q1 2021[39] Investment Activities - Total cash outflow from investing activities was $80.50 million, down from $322.29 million year-over-year[32] - The total cash outflow from investing activities in Q1 2022 was ¥21,323,724.58, down 82.2% from ¥119,850,697.63 in Q1 2021[43]

Financial Performance - The company's operating revenue for 2021 was CNY 4,298,217,520.75, representing an increase of 11.26% compared to CNY 3,863,193,917.52 in 2020[27]. - The net profit attributable to shareholders for 2021 was CNY 451,886,948.90, a growth of 31.38% from CNY 343,951,415.13 in 2020[27]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 409,378,611.11, which is a 60.16% increase from CNY 255,609,059.74 in 2020[27]. - The total distributable profit for shareholders at the end of 2021 was CNY 784,181,172.03, with a proposed cash dividend of CNY 5.00 per 10 shares, totaling CNY 406,586,000[8]. - The company reported a basic earnings per share of 0.56 RMB, up 30.23% from 0.43 RMB in 2020[30]. - The total assets increased by 7.48% to 7.371 billion RMB compared to the end of 2020[30]. - The cash flow from operating activities was 668.2 million RMB, a decrease of 32.19% from the previous year[29]. - The investment income dropped by 97.18% to 2.37 million RMB, largely due to the previous year's significant gains from the disposal of a joint venture[58]. - The company reported a total operating revenue of ¥4.79 billion, with a year-on-year increase of 12.28%[71]. - The gross margin improved to 35%, up from 30% in the previous year, indicating better cost management and pricing strategies[128]. Business Operations and Strategy - The company secured new contracts exceeding 1.1 billion RMB in the renewable energy sector, a growth of over 40% year-on-year[37]. - The company successfully launched new products, including the PEN-12 smart ring network cabinet and ZW61-12Di environmentally friendly circuit breakers[38]. - The company has established strategic partnerships for digitalization and energy management with organizations such as Shanghai Energy Internet Research Institute[38]. - The company achieved continuous breakthroughs in the smart electricity sector, providing complete electrical equipment solutions for projects in steel metallurgy, petrochemicals, and rail transit, enhancing customer electrification and intelligence levels[39]. - The company established a Distributed Energy and Energy Storage Division to accelerate market breakthroughs, successfully bidding for projects like the Shandong Expressway photovoltaic project and various energy storage projects[41]. - The company is actively expanding its smart power distribution and renewable energy businesses, providing integrated automation solutions[52]. - The company is considering strategic acquisitions to enhance its product offerings, with a target of completing at least two acquisitions within the next 12 months[128]. - The company is focusing on the integration of "source-network-load-storage" in the smart distribution field, enhancing energy efficiency management in key industries such as ports, petrochemicals, and metallurgy[102]. Research and Development - Research and development expenses amounted to 447 million RMB, reflecting a growth of 6.65% year-on-year[58]. - The company holds over 700 authorized invention patents and 560 software copyrights, showcasing its strong innovation capabilities[53]. - The company has established a comprehensive R&D innovation management system, emphasizing technology-driven growth[53]. - The company has developed a series of products with independent intellectual property rights, gaining recognition from various sectors including banking and industrial enterprises[39]. - The company aims to enhance its product innovation and smart manufacturing capabilities, focusing on the integration of IoT, cloud computing, 5G, and AI technologies in the energy sector[100]. Market and Industry Trends - The company reported a 10.3% year-on-year increase in national electricity consumption, reaching 83,128 billion kWh in 2021, indicating a robust market environment[47]. - The installed capacity of wind power reached approximately 330 million kW, growing by 16.6% year-on-year, while solar power capacity increased by 20.9% to about 310 million kW, reflecting the industry's shift towards renewable energy[47]. - The company continues to strengthen its market expansion in the new energy sector, with an increase in delivery contracts despite a slight decline in overall gross margin due to product structure changes[66]. Risk Management - The company has detailed risk factors outlined in the management discussion and analysis section of the report[10]. - The company is committed to enhancing its risk management and internal control systems, focusing on high-risk areas to ensure sustainable development[43]. - The company acknowledges risks related to macroeconomic conditions, industry policies, and potential impacts on performance due to changes in investment scales and power demand[106]. - The company is addressing risks related to raw material price fluctuations and supply chain tensions by optimizing inventory and supplier relationships[109]. - The ongoing COVID-19 pandemic poses operational challenges, and the company is implementing strict preventive measures to minimize its impact[110]. Corporate Governance - The company has a standard unqualified audit report issued by Zhongzheng Tiantong Accounting Firm[7]. - The company has maintained a stable management structure with no changes in shareholding among key executives[121]. - The company continues to emphasize compliance and governance through its supervisory board, led by Liu Xiaoya[121]. - The company has implemented a performance evaluation system for senior management, linking their annual performance rewards to the company's overall performance[163]. Sustainability Initiatives - The company actively pursues green development, implementing energy-saving measures and promoting the use of clean energy[173]. - The company has successfully connected multiple offshore wind and photovoltaic projects to the grid, contributing to its renewable energy initiatives[175]. - The company has committed to waste classification and has provided training to employees, enhancing its environmental responsibility[178]. - The company has made significant investments in research and development to improve product quality and reduce environmental pollution[176]. Legal Matters - The company has initiated civil litigation against former shareholders of Shanghai Hongshen for failing to fulfill performance commitments, seeking cash compensation of CNY 47,301,428.57 plus interest at an annual rate of 8%[195]. - The Beijing First Intermediate People's Court ruled that the defendants must pay the performance compensation within ten days of the judgment, with additional penalties for late payment[195]. - The company continues to monitor and pursue legal actions to ensure compliance and recovery of owed amounts from various parties[195][197][199][200].

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,138,949,747.25, a decrease of 14.05% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2021 was ¥134,010,340.32, down 28.18% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥122,074,202.65, a decrease of 30.03% compared to the previous year[7]. - The basic earnings per share for Q3 2021 was ¥0.1648, reflecting a decline of 30.81% year-on-year[8]. - The diluted earnings per share for Q3 2021 was also ¥0.1648, down 30.81% from the same period last year[8]. - The weighted average return on equity for Q3 2021 was 3.60%, a decrease of 1.16 percentage points compared to the previous year[8]. - Total operating revenue for the first three quarters of 2021 reached ¥3,102,897,719.11, an increase of 13.8% compared to ¥2,726,604,853.40 in the same period of 2020[30]. - Total operating costs for the first three quarters of 2021 were ¥2,723,485,550.61, up from ¥2,436,736,796.35 in 2020, reflecting a growth of 11.8%[30]. - Net profit for the third quarter of 2021 was ¥384,872,785.03, compared to ¥237,063,872.94 in the same quarter of 2020, representing a year-over-year increase of 62.5%[31]. - Basic earnings per share for the third quarter of 2021 were ¥0.4729, up from ¥0.3109 in the same quarter of 2020, indicating a growth of 52%[33]. - Total profit for the third quarter of 2021 was ¥469,462,186.01, compared to ¥293,218,486.64 in the same quarter of 2020, marking a growth of 60%[31]. - The total comprehensive income for the third quarter of 2021 was ¥384,804,384.62, compared to ¥236,750,989.16 in the same quarter of 2020, reflecting a significant increase[33]. Assets and Liabilities - Total assets at the end of Q3 2021 were ¥6,677,469,692.48, a decrease of 2.64% from the end of the previous year[8]. - The equity attributable to shareholders at the end of Q3 2021 was ¥3,796,032,548.17, down 8.69% from the end of the previous year[8]. - As of September 30, 2021, the company's total assets amounted to CNY 6,677,469,692.48, a decrease from CNY 6,858,428,888.24 at the end of 2020, representing a decline of approximately 2.63%[22]. - The company's total liabilities increased to CNY 2,879,154,290.65 from CNY 2,699,052,020.92, representing an increase of about 6.67%[27]. - The company's total equity attributable to shareholders decreased to CNY 3,796,032,548.17 from CNY 4,157,408,719.46, reflecting a decline of about 8.68%[27]. - Total current liabilities rose to CNY 2,846,234,059.72 from CNY 2,674,740,014.30, which is an increase of approximately 6.42%[27]. - The total current liabilities rose to 2,679,990,111.99 RMB, an increase of 5,250,097.69 RMB compared to the previous period[43]. - Total liabilities amounted to approximately 2.699 billion, a slight decrease from 2.722 billion in the previous period, reflecting a change of about 0.85%[46]. Cash Flow and Investments - The company reported a cash flow from operating activities of ¥371,215,347.12 for the year-to-date, a decrease of 23.71% year-on-year[7]. - Cash flow from operating activities for the first three quarters of 2021 was ¥371,215,347.12, a decrease from ¥486,559,923.69 in the same period of 2020[35]. - The net cash flow from investing activities was -18,997,687.53 RMB, a decrease from -72,518,618.10 RMB in the previous period[38]. - Total cash and cash equivalents at the end of the period amounted to 1,677,633,353.66 RMB, down from 2,126,907,443.12 RMB at the beginning of the period[38]. - The company reported cash inflows from financing activities of 90,140,180.00 RMB, primarily from other financing activities[38]. - Cash outflows from financing activities totaled 800,348,560.01 RMB, with significant payments for debt repayment and dividends[38]. Inventory and Receivables - Accounts receivable stood at CNY 1,053,663,977.06, slightly down from CNY 1,063,618,868.30, indicating a decrease of approximately 0.93%[22]. - Inventory increased to CNY 1,185,942,378.45 from CNY 1,080,506,032.94, marking an increase of around 9.77%[22]. - The company’s inventory stood at 1,080,506,032.94 RMB, indicating stable inventory management[41]. Research and Development - Research and development expenses for the first three quarters of 2021 totaled ¥321,229,374.24, an increase of 28.9% from ¥249,005,676.96 in 2020[30]. - The company’s development expenditure increased to CNY 32,080,832.82 from CNY 26,675,076.36, reflecting an increase of approximately 20.00%[25]. Other Financial Metrics - The company experienced a credit impairment loss of ¥13,398,407.92 in the first three quarters of 2021, a recovery from a loss of ¥46,890,154.09 in the same period of 2020[30]. - The company attributed the decline in net profit for Q3 2021 to a decrease in completed delivery contract amounts compared to the same period last year[12]. - The company implemented new leasing standards starting January 1, 2021, affecting the accounting treatment of "right-of-use assets" and "lease liabilities" without adjusting prior period information[48].

证券代码：601126 证券简称：四方股份 公告编号：2021-031 北京四方继保自动化股份有限公司 关于参加北京辖区上市公司投资者集体接待日活动的公告 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。 为进一步加强与广大投资者的沟通交流，北京四方继保自动化股份有限公司 （以下简称"公司"）将参加"2021 年北京辖区上市公司投资者集体接待日" 活动，现将有关事项公告如下： 本次集体接待日活动将采取网络远程的方式举行，投资者可以登录"上证路 演中心"网站（http://roadshow.sseinfo.com ）或关注微信公众号"上证路演中心"， 参与本次投资者集体接待日活动，活动时间为 2021 年 9 月 23 日（星期四） 15:00-17:00。 届时公司的总裁刘志超先生，副总裁、董事会秘书郗沭阳先生和首席财务官 付饶先生将通过网络在线交流形式与投资者就公司治理、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注的问题进行沟通。 欢迎广大投资者积极参与。 特此公告。 北京四方继保自动化股份有限公司董 ...

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥1,963,947,971.86, representing a 40.13% increase compared to ¥1,401,479,332.08 in the same period last year[23]. - Net profit attributable to shareholders of the listed company was ¥250,547,738.91, a significant increase of 339.31% from ¥57,032,610.36 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥227,394,677.32, up 381.33% from ¥47,242,674.93 year-on-year[23]. - Basic earnings per share for the reporting period reached 0.3081 RMB, a 323.80% increase compared to the same period last year[25]. - The company reported a significant increase in income tax expenses, which rose by 220.68% to ¥67,740,330.22 compared to ¥21,123,815.29 in the previous year[49]. - The total profit for the first half of 2021 was CNY 318,187,650.47, compared to CNY 71,493,144.46 in the same period of 2020, representing an increase of 345.5%[145]. Cash Flow and Assets - The net cash flow from operating activities was ¥63,503,321.54, a decrease of 72.08% compared to ¥227,419,354.02 in the same period last year[23]. - The company's cash and cash equivalents decreased by 33.30% to approximately ¥1.45 billion, primarily due to increased cash dividend distributions[64]. - Cash inflow from operating activities amounted to ¥2,247,719,838.91, up from ¥1,903,790,758.97 in the first half of 2020, indicating a growth of about 18.1%[149]. - The total assets of the company decreased to ¥4,690,630,087.06 as of June 30, 2021, compared to ¥5,065,405,483.48 at the end of 2020, a reduction of 7.4%[139]. - The company's accounts receivable decreased by 48.63% to approximately ¥54.05 million, attributed to a reduction in outstanding commercial acceptance bills[64]. Business Operations and Strategy - The company is actively expanding into new business models, including engineering contracting and operation services[32]. - The company has over 700 authorized invention patents and 500 software copyrights, showcasing its strong commitment to technological innovation[37]. - The company is positioned to benefit from the rapid development of a new energy power system, aligning with national "dual carbon" goals[34]. - The company established a storage division to develop energy storage business, focusing on core products like energy storage station secondary equipment and converters[46]. - The company has expanded its market share in the renewable energy sector, winning bids for significant projects such as the offshore wind power project in South Australia[43]. Research and Development - Research and development expenses for the first half of 2021 were ¥188,912,371.68, slightly up from ¥178,023,615.61 in the same period of 2020, indicating a focus on innovation[140]. - The company continues to innovate in the smart grid sector, with new products like the distributed self-healing control device compatible with 5G communication[44]. - The company has increased its investment in product research and development in the fields of wind power, photovoltaics, and energy storage to provide reliable and efficient solutions for a new power system[89]. Legal and Compliance - The company has achieved a first-instance judgment requiring a former shareholder to pay a performance compensation of 24,570,000 RMB, along with interest calculated at an annual rate of 8%[99]. - The company has reached a settlement with the defendants in several lawsuits, indicating ongoing resolution of legal disputes[102][104][108]. - The company maintains a good credit standing and operates with integrity during the reporting period[113]. Environmental Responsibility - The company is committed to environmental responsibility, implementing ISO14001 environmental management systems and actively pursuing energy-saving initiatives[86]. - The company actively promotes a green and sustainable development strategy, implementing ISO14001 environmental management system to achieve energy conservation and pollution reduction[88]. - The company is committed to reducing carbon emissions by transitioning from high-carbon to low-carbon energy sources, focusing on clean energy sectors such as hydropower, wind power, and photovoltaics[89].

Financial Performance - Operating revenue for the first quarter was CNY 806,690,021.95, representing a significant increase of 140.00% year-on-year[10] - Net profit attributable to shareholders was CNY 93,191,986.61, a turnaround from a loss of CNY 61,049,395.54 in the same period last year[10] - Basic and diluted earnings per share were CNY 0.1146, compared to a loss of CNY 0.0777 per share in the previous year[10] - Total operating revenue for Q1 2021 reached ¥806,690,021.95, a significant increase of 139.9% compared to ¥336,116,771.38 in Q1 2020[35] - Net profit for Q1 2021 was ¥93,104,848.16, a turnaround from a net loss of ¥61,854,689.98 in Q1 2020[37] - The total comprehensive income for Q1 2021 was ¥51,111,869.06, compared to ¥40,291,063.48 in Q1 2020, marking a 26.5% increase[42] Cash Flow - Net cash flow from operating activities amounted to CNY 177,192,179.74, up 67.20% compared to the previous year[10] - The cash flow from operating activities was ¥177,192,179.74, up from ¥105,975,726.39 in the same period last year, indicating a 67.3% increase[46] - The company received cash inflows from operating activities totaling ¥1,239,660,950.95 in Q1 2021, compared to ¥772,211,234.38 in Q1 2020, a 60.5% increase[44] - The net cash flow from operating activities for Q1 2021 was RMB 134,881,538.98, compared to RMB 36,908,355.78 in Q1 2020, reflecting a significant improvement[48] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 6,998,502,503, an increase of 2.04% compared to the end of the previous year[10] - Total current assets amounted to CNY 6,110,019,559.41, up from CNY 5,972,725,956.76 in the previous period[25] - The total liabilities as of Q1 2021 amounted to ¥1,246,773,791.58, compared to ¥1,227,962,484.36 in the previous year[35] - The company reported a total liability of CNY 2,728,748,774.36, up from CNY 2,699,052,020.92, indicating an increase of about 1.09%[28] - The total non-current liabilities amounted to CNY 40,523,431.01, significantly higher than CNY 24,312,006.62, showing an increase of approximately 66.73%[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,583[11] - The largest shareholder, Sifang Electric (Group) Co., Ltd., held 45.12% of the shares[11] - The total equity attributable to shareholders rose to CNY 4,267,872,719.23 from CNY 4,157,408,719.46, reflecting an increase of approximately 2.67%[28] Operating Costs and Expenses - Operating costs rose by 154.27% to CNY 506,804,533.84 from CNY 199,316,211.62 in the previous period[7] - Income tax expenses increased by 419.83% to CNY 21,098,390.48 from CNY 4,058,686.70 in the previous period[16] - Research and development expenses increased to ¥93,754,865.70 in Q1 2021, up from ¥84,554,355.88 in Q1 2020, reflecting a focus on innovation[35] Other Financial Metrics - The weighted average return on equity increased to 2.21%, up 3.79 percentage points from -1.58% in the same period last year[10] - Other income grew by 51.38% to CNY 28,255,305.39 from CNY 18,664,862.89 in the previous period[10] - The company achieved a gross profit margin of approximately 35.9% in Q1 2021, compared to 54.4% in Q1 2020, reflecting changes in cost structure[41] Strategic Focus - The company aims to continue expanding its market presence and investing in new technologies to drive future growth[39] - The company is focusing on expanding its market presence and enhancing product development strategies[61]