证券代码：601179 证券简称：中国西电 公告编号：2023-041 中国西电电气股份有限公司 产品中标公告 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。 三、风险提示 一、中标情况 根据上述中标公告，公司下属西安西电变压器有限责任公司、 常州西电变压器有限责任公司、西安西电电力系统有限公司、西 安西电高压套管有限公司、西安西电电力电容器有限责任公司、 西安西电高压开关有限责任公司、西安西电避雷器有限责任公司、 西安西电开关电气有限公司为项目中标人之一，中标换流变压器、 换流阀、直流穿墙套管、电容器、电阻器、测量装置、交直流断路器、 隔离开关和接地开关、避雷器、组合电器产品共 18 个标包，总中标 金额为 47.3854 亿元。公司 2022 年度营业收入为 180.0649 亿元。 二、对公司的影响 相关项目签约后，其合同的履行将对公司未来经营发展产生 积极的影响。项目的中标不影响公司业务的独立性。 第 1 页（共 2 页） 2023 年 8 月 18 日，国家电网公司电子商务平台发布了"国家 电网有限公司 2023 年 ...

本次会议经过有效表决，形成以下决议： 一、审议通过了关于广州西电高压电气制造有限公司股 权无偿划转的议案 表决结果：同意9票、反对0票、弃权0票，审议通过。 同意西安西电开关电气有限公司将广州西电高压电气制造 有限公司100%股权无偿划转至公司。 二、审议通过了关于西安西变中特电气有限责任公司股 权无偿划转的议案 表决结果：同意9票、反对0票、弃权0票，审议通过。 证券代码：601179 证券简称：中国西电 公告编号：2023-040 中国西电电气股份有限公司 第四届董事会第十七次会议决议公告 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。 中国西电电气股份有限公司（以下简称"公司"）第四 届董事会第十七次会议（以下简称"本次会议"）于2023年8 月10日以邮件形式发出会议通知，于2023年8月15日以通讯表 决方式召开，本次会议应出席董事9人，实到董事9人。本次 会议的召开程序符合《公司法》等有关法律、行政法规、其 他规范性文件及《公司章程》的相关规定。 同意西安西电变压器有限责任公司将西安西变中特电气 有限责任公司100 ...

届时，中国西电电气股份有限公司主要负责人及相关高 管人员将通过互动平台与投资者进行网络沟通和交流，欢迎 广大投资者踊跃参加！ 证券代码：601179 股票简称：中国西电 编号：2023-023 中国西电电气股份有限公司 关于参加"2023 年陕西辖区上市公司投资者 集体接待日暨 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法律责任。 为促进上市公司规范运作、健康发展，增强上市公司信 息透明度，加强与广大投资者沟通交流，进一步提升投资者 关系管理水平，陕西上市公司协会根据陕西证监局工作部 署，联合深圳市全景网络有限公司举办"2023 年陕西辖区上 市公司投资者集体接待日暨 2022 年度业绩说明会活动"。 特此公告。 中国西电电气股份有限公司董事会 2023 年 5 月 9 日 活动时间：2023 年 5 月 16 日 15:00-17:00。 活动地址："全景路演" 网址：http://rs.p5w.net。 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 4,673,947,869.53, representing a year-on-year increase of 21.78%[4] - The net profit attributable to shareholders of the listed company was CNY 185,736,354.13, up 42.26% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 174,320,211.51, reflecting a 62.70% increase year-on-year[4] - The basic earnings per share for the period was CNY 0.0362, an increase of 42.26% year-on-year[4] - The diluted earnings per share also stood at CNY 0.0362, marking a 42.26% increase compared to the same period last year[4] - Total operating revenue for Q1 2023 reached ¥4,733,106,155.70, a 21.8% increase from ¥3,887,829,520.40 in Q1 2022[17] - Net profit for Q1 2023 was ¥207,536,226.23, up from ¥134,936,105.80 in Q1 2022, representing a year-over-year increase of 54.0%[18] - Total comprehensive income for Q1 2023 reached ¥299,171,483.63, significantly higher than ¥136,652,154.49 in the same period last year, marking an increase of about 118.5%[19] - The basic and diluted earnings per share for Q1 2023 were both ¥0.0362, up from ¥0.0255 in Q1 2022, reflecting a growth of approximately 42.5%[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -1,906,223,682.86, a decrease of 390.38% compared to the previous year[4] - Cash inflows from operating activities totaled ¥4,061,075,837.38 in Q1 2023, down from ¥5,346,820,869.32 in Q1 2022, indicating a decrease of about 23.9%[20] - The total cash and cash equivalents at the end of Q1 2023 stood at ¥3,560,581,306.05, down from ¥4,791,180,317.03 at the end of Q1 2022, representing a decrease of approximately 25.7%[21] - The company reported a significant decrease in customer deposits and interbank deposits, with a net decrease of ¥270,128,879.63 in Q1 2023 compared to an increase of ¥478,530,369.59 in Q1 2022[20] - Cash received from operating activities related to other business activities was ¥537,199,653.68 in Q1 2023, down from ¥1,107,460,705.46 in Q1 2022, indicating a decline of about 51.5%[20] Assets and Liabilities - Total assets at the end of the period were CNY 39,964,381,191.13, a decrease of 2.15% from the end of the previous year[5] - The company's cash and cash equivalents decreased to RMB 3,810,385,603.05 from RMB 7,267,645,317.04, representing a decline of approximately 47.5%[13] - Accounts receivable increased to RMB 11,159,906,705.20, up from RMB 9,465,532,513.69, indicating a growth of about 18%[13] - Inventory rose to RMB 4,074,374,916.03, compared to RMB 3,906,831,624.64, reflecting an increase of approximately 4.3%[13] - The company's total liabilities decreased to ¥16,723,872,747.54 from ¥17,899,351,184.28, a reduction of approximately 6.6%[15] - The company's total liabilities decreased to RMB 15,378,644,807.01 from RMB 16,537,586,323.21, indicating a decrease of about 7%[14] - The company's short-term borrowings increased to RMB 699,346,520.21 from RMB 513,056,375.88, marking a rise of about 36.3%[14] - Total current liabilities decreased to RMB 15,378,644,807.01 from RMB 16,537,586,323.21, a reduction of approximately 7%[14] Investments and Expenses - Research and development expenses for Q1 2023 were ¥122,031,569.41, compared to ¥100,928,719.56 in Q1 2022, marking a 20.8% increase[18] - The company's non-current assets totaled RMB 10,932,914,136.18, an increase from RMB 10,295,065,667.30, representing a growth of about 6.2%[14] - The company’s equity investments decreased slightly to RMB 131,946,353.23 from RMB 141,068,103.57, a decline of approximately 6.5%[14] - Total operating costs for Q1 2023 amounted to ¥4,518,872,477.27, an increase from ¥3,746,721,204.57 in Q1 2022, indicating a rise of 20.6%[18] Strategic Focus - The company increased its market expansion efforts, which contributed to the growth in operating revenue and net profit[8] - The company plans to continue focusing on market expansion and new product development to drive future growth[16] - The actual controller of the company remains the State-owned Assets Supervision and Administration Commission of the State Council after the transfer of shares[12] - The company did not execute any new accounting standards or interpretations that would affect the financial statements for the year[22]

Financial Performance - The company's operating revenue for 2022 was CNY 18,006,491,826.5, representing a 26.98% increase compared to CNY 14,180,662,911.33 in 2021[22]. - The net profit attributable to shareholders for 2022 was CNY 612,389,627.38, an increase of 12.55% from CNY 544,102,869.34 in 2021[22]. - The net profit after deducting non-recurring gains and losses was CNY 257,583,628.85, which is a decrease of 43.96% compared to CNY 459,640,060.29 in 2021[22]. - The net cash flow from operating activities for 2022 was CNY 508,393,744.90, down 68.16% from CNY 1,596,821,058.84 in 2021[22]. - The total assets at the end of 2022 were CNY 40,843,314,722.3, a 5.07% increase from CNY 38,873,416,116.08 at the end of 2021[23]. - The net assets attributable to shareholders at the end of 2022 were CNY 21,053,780,581.0, up 2.49% from CNY 20,541,751,704.45 at the end of 2021[23]. - The basic earnings per share for 2022 were CNY 0.1195, reflecting a 12.63% increase from CNY 0.1061 in 2021[24]. - The weighted average return on equity for 2022 was 2.94%, an increase of 0.24 percentage points from 2.70% in 2021[24]. Revenue and Cost Analysis - The operating cost rose to 15.048 billion RMB, a 35.52% increase from 11.104 billion RMB in the previous year[51]. - The company reported a profit margin of 8.69 billion RMB, which is a 30.18% increase from 6.67 billion RMB in the previous year[54]. - The company faced increased raw material costs due to high prices of copper and silicon steel, impacting overall manufacturing costs[65]. - The company reported a significant increase in revenue from electrical electronics and engineering trade, amounting to ¥5.23 billion, with a gross margin of 10.44%, up 17.38 percentage points year-on-year[57][58]. - The revenue from switch products was ¥5.76 billion, with a gross margin of 23.69%, showing an increase of 0.76 percentage points year-on-year[56]. Strategic Initiatives and Investments - The company is focusing on expanding its presence in the renewable energy market, with significant revenue growth in this sector[51]. - The company is investing in new technologies and products, particularly in smart power systems and offshore wind power[46]. - The company signed strategic cooperation agreements with 8 units, expanding its "circle of friends" and enhancing collaboration depth and breadth[37]. - The company completed the digital and intelligent upgrade of production lines, with its lightning arresters recognized as a "provincial intelligent factory"[38]. - The company undertook 13 national-level major R&D projects and revised 23 international and national standards[40]. Risk Management and Governance - The company has indicated potential risks in its future development, which are detailed in the management discussion and analysis section of the report[9]. - The company initiated over 100 risk prevention measures to manage project risks effectively[43]. - The company is facing macroeconomic risks, market competition risks, and overseas operational risks due to the complex global economic environment[101]. - The company has implemented measures to manage insider information and prevent leaks, ensuring compliance with relevant regulations[105]. - The company has a clear governance structure, with independent operation of the board, supervisory board, and internal committees[108]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of CNY 0.45 per 10 shares, totaling CNY 230,664,705.84 based on the total share capital of 5,125,882,352 shares[7]. - The proposed cash dividend for 2022 is approximately ¥230 million, or ¥0.45 per 10 shares, based on a total share capital of 5,125,882,352 shares[141]. - The total cash dividend for 2022 represents 37.67% of the net profit attributable to ordinary shareholders in the consolidated financial statements[144]. Employee and Management Development - The company conducted 1,300 training sessions in 2022, covering over 60,000 participants, focusing on enhancing management capabilities and innovation[138]. - The company has a robust talent pool, with over 51 experts receiving government special allowances and more than 52% of skilled workers holding senior titles[49]. - The company has established a performance evaluation system for senior management, linking compensation to performance and operational responsibilities[146]. - The company increased the proportion of young cadres under 45 years old to 47.4%[44]. Environmental and Social Responsibility - The company invested approximately 10.72 million RMB in environmental protection during the reporting period[154]. - The company has passed ISO 14001 and GB/T 23331 certifications, establishing a comprehensive energy-saving and environmental protection system[168]. - The company achieved a reduction of 5,980 tons in carbon dioxide equivalent emissions through various carbon reduction measures[169]. - The company has developed and implemented emergency response plans for environmental incidents, enhancing its emergency management capabilities[165]. Future Outlook and Strategic Goals - Future outlook indicates a projected revenue growth of 15% for the upcoming year, driven by new product launches and market expansion strategies[113]. - The company aims to enhance its high voltage and international business during the 14th Five-Year Plan period, focusing on investment and financial services[95]. - The company remains committed to sustainability initiatives, aiming for a 30% reduction in carbon emissions by 2025[113]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the industry[113].

证券代码：601179 股票简称：中国西电 编号：2023-011 中国西电电气股份有限公司 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： 会议召开时间：2023 年 4 月 25 日（星期二）下午 14:00-15:00 会议召开地点：上海证券交易所上证路演中心（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 dsh@xd.cee-group.cn 进行提问。公司将会在说明会上 对投资者普遍关注的问题进行回答。 中国西电电气股份有限公司（以下简称"公司"）将于 2023 年 4 月 21 日（星期五） 发布公司 2022 年年度报告，为便于广大投资 者更全面深入地了解公司 2022 年度经营成果、财务状况，同时更加 充分地向投资者展示特高压行业发展情况，公司 ...

Financial Performance - The company's operating revenue for 2021 was RMB 14,180,662,911.33, a decrease of 10.28% compared to RMB 15,283,088,209.01 in 2020[21] - The net profit attributable to shareholders was RMB 544,102,869.34, representing a significant increase of 123.10% from RMB 243,878,271.03 in the previous year[21] - The basic earnings per share for 2021 was RMB 0.1061, up 122.90% from RMB 0.0476 in 2020[22] - The total assets of the company at the end of 2021 were RMB 38,873,416,116.08, an increase of 7.44% from RMB 36,181,886,314.60 in 2020[21] - The cash flow from operating activities was RMB 1,596,821,058.84, a dramatic increase of 3,424.67% compared to RMB 45,304,123.46 in 2020[21] - The company's net assets attributable to shareholders increased by 3.61% to RMB 20,541,751,704.45 from RMB 19,826,342,249.61 in 2020[21] - The weighted average return on equity rose to 2.70% in 2021, an increase of 1.47 percentage points from 1.23% in 2020[22] - The net profit after deducting non-recurring gains and losses was RMB 459,640,060.29, a substantial increase of 529.23% from RMB 73,048,121.90 in 2020[21] - The company achieved total revenue of 14.38 billion yuan in 2021, a decrease of 10.06% compared to 15.99 billion yuan in the previous year, primarily due to the impact of the pandemic and industry competition[41] - The total profit reached 667 million yuan, an increase of 111.86% compared to the previous year, while net profit grew by 122.38%, amounting to an increase of 332 million yuan[41] Operational Highlights - In Q1 2021, the company reported revenue of CNY 2,844,821,116.80, with a net profit attributable to shareholders of CNY 88,462,281.43, and a significant increase in Q2 revenue to CNY 3,958,458,871[24] - The company achieved a cash flow from operating activities of CNY 1,620,555,935.00 in Q4 2021, recovering from a negative cash flow of CNY -498,215,695.76 in Q1 2021[24] - The company successfully completed key projects including hydropower projects in Pakistan and infrastructure projects in Ecuador, enhancing its performance capabilities[32] - The company reported a 61% year-on-year increase in new orders in the renewable energy market, indicating strong growth potential[31] - The company successfully signed contracts for the Ma project in the international market, overcoming challenges posed by the pandemic[31] Strategic Initiatives - The company established a comprehensive energy company to accelerate the expansion of its integrated energy business, enhancing its investment and technical capabilities[31] - The company is actively integrating its insulation business to improve specialized manufacturing capabilities and enhance industry management services[31] - The company is focusing on enhancing its international business operations and localizing its processes to reduce operational costs and risks[83] - The company is positioned to leverage the opportunities presented by the energy transition, aiming to provide core products and system solutions in the new energy and comprehensive energy service markets[81] - The company is focusing on technological innovation by optimizing its R&D system and accelerating product technology upgrades, aiming to enhance the competitiveness of its main products[84] Research and Development - R&D expenses rose by 30.62% to 738.07 million RMB, reflecting the company's increased investment in research and development[42] - The company developed key technologies such as the ±800 kV converter transformer and the world's first 500 kV 90 kA economic high-voltage AC current limiter, breaking foreign monopolies[33] - The company is investing heavily in R&D, with a budget allocation of 150 million yuan for new technologies[106] Risk Management - The company has disclosed potential risks in its management discussion and analysis section, advising investors to be cautious[7] - The company has established a risk monitoring indicator system to mitigate major risks such as material prices and foreign exchange exposure[36] - The company is addressing risks related to international trade protectionism and the complexity of overseas business environments, particularly in light of ongoing U.S.-China trade tensions[88] Governance and Compliance - The company has established a comprehensive internal control system, covering key management areas such as strategy, investment, marketing, and finance[140] - The internal control audit conducted by Tianjian Accounting Firm confirmed that the company maintained effective internal controls over financial reporting as of December 31, 2021[142] - The company has maintained a good integrity status during the reporting period, with no significant debts or court judgments unfulfilled[178] - The company has not faced any penalties from securities regulatory authorities in the past three years[114] Environmental Responsibility - The company has established a robust environmental management system, ensuring that emissions from production processes are well below regulatory standards[146] - Chemical oxygen demand (COD) emission concentration at the total discharge point is 32 mg/L, well below the standard of 500 mg/L, with a total discharge of 32.96 tons[147] - The company has implemented a comprehensive pollution prevention and control strategy, enhancing the efficiency of pollution treatment facilities[152] - The company has invested 2.3 million yuan directly in poverty alleviation efforts in 2021, with an additional 70,000 yuan in non-repayable assistance funds[162] Shareholder Engagement - The company has established a comprehensive insider information management system to prevent leaks and ensure fair information disclosure[93] - The company actively engages with investors to gather feedback and improve operational strategies[93] - The independent directors have confirmed that the profit distribution plan aligns with the company's current situation and benefits long-term development[134] Future Outlook - The company plans to develop five core businesses: high voltage, distribution and utilization, new energy, international business, and investment and finance during the 14th Five-Year Plan period[81] - The company anticipates that by 2025, the total installed capacity of clean energy will reach 1.7 billion kilowatts, increasing its share from 41.9% to 57.5%[79] - The company is exploring strategic acquisitions to enhance its market position and product offerings[193]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately CNY 6.80 billion, representing a year-on-year increase of 12.83% compared to CNY 6.03 billion in the same period last year[14]. - The net profit attributable to shareholders for the first half of 2021 was approximately CNY 243.31 million, a significant increase of 106.82% from CNY 117.64 million in the previous year[14]. - The company reported a net profit of CNY 182.47 million after deducting non-recurring gains and losses, a substantial increase of 601.13% from CNY 26.03 million in the same period last year[14]. - Basic earnings per share for the first half of 2021 were CNY 0.05, up 150% from CNY 0.02 in the same period last year[15]. - The company reported a total comprehensive income of ¥433,541,789.78 for the first half of 2021, compared to ¥42,008,010.84 in the same period of 2020, indicating an increase of approximately 928.5%[93]. - The total profit for the first half of 2021 was ¥442,302,756.50, significantly higher than ¥50,879,168.91 in the same period of 2020, representing an increase of approximately 769.5%[92]. Cash Flow and Liquidity - The net cash flow from operating activities was approximately CNY 372.44 million, a turnaround from a negative cash flow of CNY -253.26 million in the same period last year[14]. - The company's operating cash flow increased by 627 million RMB year-on-year, reaching 372 million RMB, due to enhanced collection efforts and increased cash inflow from selling pledged treasury bonds[22]. - Cash and cash equivalents decreased to CNY 2.21 billion from CNY 2.92 billion, a decline of 24.1%[86]. - The ending cash and cash equivalents balance was CNY 3,025,341,019.75, down from CNY 3,800,281,002.16, reflecting a decrease in liquidity[95]. Assets and Liabilities - The total assets of the company at the end of the reporting period were approximately CNY 38.92 billion, reflecting a year-on-year growth of 7.56% from CNY 36.18 billion[14]. - The total liabilities reached CNY 17.96 billion, up from CNY 15.32 billion, indicating a growth of 17.3%[85]. - The company's total equity reached ¥18,704,036,784.91, an increase from ¥18,424,271,465.69, reflecting a growth of 1.52%[88]. - The company's total liabilities at the end of the first half of 2021 were 1,037,239,454.52 RMB, showing effective management of financial obligations[99]. Research and Development - Research and development expenses rose by 12.12% to 305.71 million RMB, driven by the accelerated construction of smart grids and the digitalization of traditional equipment[22]. - The company has a strong technological research and development capability, particularly in the ultra-high voltage sector, positioning itself as a global leader in smart electrical systems[19]. - Significant breakthroughs were achieved in core technology, including the successful development of domestically produced ±800kV flexible direct current wall bushing and 500kV economic high-voltage AC current limiters[20]. Market Position and Strategy - The company is focusing on the development of high-voltage transmission and distribution equipment, with significant investments in new energy and integrated energy services[18]. - The company is actively expanding its new business areas, particularly in smart power systems and energy storage, showing positive growth trends[18]. - The company is leveraging government policies aimed at carbon neutrality to drive growth in clean energy and digital transformation within the industry[18]. - The company has established a strategic control model to enhance operational efficiency and drive high-quality development[18]. Environmental Compliance - The company has implemented effective wastewater treatment measures, ensuring that pollutant discharge concentrations are significantly below regulatory standards[41]. - The total discharge of chemical oxygen demand was 17.297 tons, with a concentration of 113 mg/L, well below the standard of 500 mg/L[42]. - The company is committed to maintaining compliance with environmental standards in its operations, with all monitored pollutants meeting regulatory requirements[43]. - The company has installed online monitoring devices for wastewater discharge to ensure compliance with environmental regulations[41]. Shareholder and Governance - The company has not disclosed any plans for profit distribution or capital reserve transfer to increase share capital during this reporting period[3]. - There were changes in senior management, with Zhang Mingcai resigning as a director and Yang Baolin resigning as deputy general manager due to retirement[38]. - The company has not reported any significant changes in share capital structure during the reporting period[76]. - The largest shareholder, China Xidian Group Co., Ltd., holds 50.94% of the shares, totaling 2,611,325,701 shares[78]. Related Party Transactions - The company engaged in related transactions with China Western Electric Group, with sales of semi-finished products and spare parts amounting to 11,268.64 million RMB, representing 1.49% of similar transaction amounts[64]. - The company purchased raw materials and semi-finished products from related parties for 25,049.86 million RMB, accounting for 3.95% of similar transaction amounts[64]. - The company’s interest income from related parties was reported at 473.42 million RMB, with an interest rate of 4.56%[65]. Risks and Challenges - The company faces international operational risks due to the ongoing global pandemic and complex external environment, impacting overseas project performance and new order acquisition[34]. - The company is under pressure to accelerate digital transformation in product R&D and manufacturing due to the "carbon peak and carbon neutrality" strategy, with a shortage of composite management and technical talent[34].

Revenue and Profitability - Revenue for Q3 2021 reached ¥4,078,148,956.97, an increase of 19.27% compared to ¥3,417,949,918.69 in the same period last year[3] - Net profit attributable to shareholders was ¥84,914,769.95, a slight increase of 0.15% from ¥82,929,313.18 year-on-year[3] - Net profit excluding non-recurring gains and losses surged by 75.07% to ¥63,214,618.05 from ¥33,378,766.12 in the previous year[3] - The net profit attributable to shareholders for the year-to-date period increased by 62.14% to ¥328,222,624.26 compared to ¥199,707,100.42 in the previous year[3] - The net profit attributable to shareholders of the parent company reached ¥328.22 million, compared to ¥202.44 million in the same period last year, marking a year-over-year increase of 62.1%[19] - The total comprehensive income for Q3 2021 was approximately ¥348.41 million, up from ¥252.04 million in Q3 2020, reflecting a growth of 38.2%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥39,892,111,818.28, reflecting a year-on-year increase of 10.15%[4] - Total assets as of the end of the third quarter were ¥39,892,111,818.28, up from ¥36,181,886,314.60, marking an increase of 7.5%[15] - Total liabilities increased to ¥18,878,862,991.92 from ¥15,324,697,306.33, reflecting a growth of 23.4%[15] - The company's equity attributable to shareholders rose to ¥19,984,985,793.75, compared to ¥19,826,342,249.61, indicating a slight increase of 0.8%[15] - The company reported a significant increase in accounts payable, which rose to ¥5,627,667,002.61 from ¥5,229,049,873.09, an increase of 7.6%[15] - The company has a long-term payable of RMB 425,321,974.25, indicating ongoing financial commitments[26] Cash Flow - The company reported a net cash flow from operating activities of -¥23,734,876.17, an improvement from -¥344,521,201.80 in the previous year[3] - Cash flow from operating activities for the first three quarters of 2021 was approximately ¥12.80 billion, compared to ¥11.44 billion in the same period of 2020, indicating an increase of 11.8%[20] - The net cash flow from operating activities for Q3 2021 was negative at approximately -¥23.73 million, an improvement from -¥344.52 million in Q3 2020[21] - The company reported a decrease in cash flow from investing activities, with a net outflow of approximately -¥469.68 million in Q3 2021, compared to a net inflow of ¥348.11 million in Q3 2020[21] - The company’s cash flow from financing activities showed a net outflow of approximately -¥284.05 million in Q3 2021, compared to a net inflow of ¥280.19 million in Q3 2020[21] Shareholder Information - The total number of ordinary shareholders reached 205,085, with the largest shareholder holding 50.94%[9] - Shareholders' equity amounted to RMB 20,857,189,008.27, reflecting a stable equity position[26] Operational Performance - Total operating revenue for the first three quarters of 2021 reached ¥11,036,363,371.43, an increase of 15.1% compared to ¥9,587,223,837.05 in the same period of 2020[17] - Operating income was ¥10,881,428,944.93, up from ¥9,449,027,497.38, reflecting a growth of 15.2% year-over-year[17] - Total operating costs amounted to ¥10,753,490,615.16, compared to ¥9,426,064,617.75, indicating an increase of 14.1%[17] - Research and development expenses for the first three quarters were ¥440,167,196.52, a significant rise from ¥342,711,574.31, representing a growth of 28.5%[17] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to approximately ¥3.05 billion from ¥3.97 billion year-over-year[13] - Cash and cash equivalents at the end of Q3 2021 totaled approximately ¥2.59 billion, compared to ¥3.32 billion at the end of Q3 2020[22] - The company’s cash and cash equivalents represent approximately 14.36% of total current assets[23]

Financial Performance - Operating revenue for the period was CNY 2.84 billion, an increase of 16.57% year-on-year[4] - Net profit attributable to shareholders was CNY 88.46 million, representing a significant increase of 178.75% compared to the same period last year[4] - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching CNY 32.46 million, up 408.84% year-on-year[4] - Basic earnings per share rose to CNY 0.017, an increase of 183.33% compared to the previous year[4] - Total operating revenue for Q1 2021 was CNY 2,897,414,119.75, an increase of 16.7% compared to CNY 2,483,696,194.98 in Q1 2020[17] - Net profit for Q1 2021 reached CNY 96,148,210.39, up from CNY 37,549,440.00 in Q1 2020, representing a growth of 156.5%[18] - Operating profit for Q1 2021 was CNY 111,432,391.68, compared to CNY 50,797,736.41 in Q1 2020, indicating a year-over-year increase of 119.5%[17] - Earnings per share for Q1 2021 was CNY 0.02, compared to CNY 0.006 in Q1 2020, representing a significant increase of 233.3%[18] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 498.22 million, a decrease of 183.55% year-on-year[4] - The total cash flow from operating activities was negative at CNY -498,215,695.76, a decline from CNY 596,304,791.67 in Q1 2020[22] - The company reported a cash and cash equivalents balance of CNY 2,464,059,564.76 at the end of Q1 2021, down from CNY 4,294,130,194.48 at the end of Q1 2020[23] - The company's cash and cash equivalents decreased to ¥3.02 billion from ¥3.97 billion, indicating a decline in liquidity[11] - The total cash inflow from operating activities decreased to ¥205,997,346.77 in Q1 2021 from ¥310,552,452.41 in Q1 2020[24] - The company’s cash flow from operating activities showed a recovery trend, indicating potential for future growth[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 35.72 billion, a decrease of 1.23% compared to the end of the previous year[4] - The company's financial assets for repurchase decreased to ¥600 million, down 55.56% from ¥1.35 billion at the beginning of the period[8] - Total liabilities decreased to ¥14,758,434,765.02 from ¥15,318,523,432.16, a decline of about 3.66%[13] - Current liabilities decreased to ¥13,139,206,821.87 from ¥13,705,765,398.34, a reduction of approximately 4.14%[12] - Total liabilities as of Q1 2021 amounted to CNY 1,799,376,360.90, compared to CNY 1,471,368,222.75 in Q1 2020, marking an increase of 22.2%[17] - The company reported a total asset value of ¥36,164,560,341.56 as of Q1 2021, slightly down from ¥36,196,679,537.89 at the end of 2020[27] Shareholder Information - The total number of shareholders at the end of the reporting period was 163,318[6] - The largest shareholder, China Xidian Group Co., Ltd., held 50.94% of the shares[6] Investment and Expenses - Research and development expenses for Q1 2021 totaled CNY 105,238,995.02, an increase from CNY 82,261,072.47 in Q1 2020, reflecting a growth of 28%[17] - The company reported a significant increase in investment payments, totaling ¥710 million, up 129.04% from ¥310 million in the previous year[9] - The total investment cash outflow for Q1 2021 was CNY 760,138,890.16, compared to CNY 390,218,952.96 in Q1 2020, indicating increased investment activity[22] Government Support - The company received government subsidies amounting to CNY 24.49 million, which are closely related to its normal business operations[5] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[18]