Financial Performance - The company reported a total revenue of 1.5 billion RMB for the first half of 2022, representing a year-on-year increase of 10%[19]. - The net profit attributable to shareholders was 200 million RMB, up 15% compared to the same period last year[19]. - The company's operating revenue for the first half of 2022 was CNY 6,115,585,829.36, a decrease of 2.09% compared to the same period last year[26]. - The net profit attributable to shareholders for the first half of 2022 was CNY 203,095,239.54, down 59.81% year-on-year[26]. - The company's net profit for the first half of 2022 was CNY 211,445,774.58, a decrease from CNY 515,514,525.93 in the same period of 2021, representing a decline of approximately 59%[190]. - The total comprehensive income for the first half of 2022 was CNY 213,440,352.26, compared to CNY 493,506,225.32 in the previous year, indicating a decrease of approximately 57%[192]. - The company's basic earnings per share for the first half of 2022 was CNY 0.17, down from CNY 0.45 in the same period of 2021, representing a decline of about 62%[192]. Market and User Growth - User data indicates a growth in active users by 25%, reaching 5 million users by the end of June 2022[19]. - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2025[19]. - The automotive industry faced challenges in the first half of 2022, with vehicle production and sales declining by 3.7% and 6.6% year-on-year, respectively[32]. - The company is actively responding to government policies aimed at stabilizing growth and promoting consumption in the automotive sector[33]. Research and Development - The company has allocated 100 million RMB for research and development in the renewable energy sector for 2022[19]. - New product development includes the launch of a next-generation battery technology expected to increase efficiency by 30%[19]. - Research and development expenses increased by 35.11% year-on-year, primarily due to increased R&D costs in the new energy sector[73]. - The company’s R&D efforts in lithium battery technology have led to the acquisition of ISO26262:2018 certification, indicating its development process meets international standards[58]. - The company has completed the development of new products in lithium battery recycling, resulting in the output of 6 patents and initiating research on sodium-ion materials[59]. Production and Sales - The company produced 14.06 million KVAH of low-voltage lead-acid batteries, a year-on-year decrease of 10.94%, and sold 14.45 million KVAH, down 10.38%[37]. - The sales volume of automotive low-voltage lead-acid batteries decreased by 10.38% year-on-year, while the start-stop battery sales grew by approximately 21%, with AGM start-stop battery sales increasing by about 54%[56]. - The company has established stable supply relationships with nearly 200 major domestic automobile manufacturers and over 2,400 distributors across 22 provinces, 5 autonomous regions, and 4 municipalities[36]. - The company's market share in the main engine supporting market is approximately 47%, with cumulative sales declining by about 28.8% year-on-year[64]. Environmental Compliance and Initiatives - The company has implemented multiple pollution control measures, including advanced dust collection and wastewater treatment systems, to ensure compliance with environmental standards[110]. - The company has received multiple recognitions for its environmental initiatives, including being named a "green factory" by national and local authorities[106]. - The company has not experienced any environmental pollution incidents or penalties from environmental authorities in the first half of 2022[106]. - The recovery rate of waste acid has reached over 85% through innovative purification processes, which are used for new battery electrolyte preparation[130]. - The company has achieved significant reductions in sulfur dioxide emissions during lead smelting processes, positioning itself at the forefront of the industry in terms of environmental performance[131]. Financial Position and Liabilities - The total assets at the end of the reporting period were CNY 13,384,031,447.92, an increase of 3.45% from the end of the previous year[26]. - The company's total liabilities reached ¥4,477,942,823.63, up from ¥4,156,558,590.55, which is an increase of approximately 7.7%[179]. - Short-term borrowings rose by 39.54% year-on-year to 1.61 billion RMB, mainly due to increased bank loans[74]. - The total amount of guarantees provided by the company, excluding guarantees to subsidiaries, is 5,000 million RMB during the reporting period[152]. Strategic Initiatives - A strategic acquisition of a local competitor is in progress, which is expected to enhance production capacity by 40%[19]. - The company is actively expanding its overseas market presence, leveraging its product advantages and established partnerships[51]. - The company has initiated a 150MW distributed photovoltaic and 1GWh energy storage smart project in collaboration with Three Gorges Electric Power Management[45]. Employee and Shareholder Information - The second phase of the employee stock ownership plan raised approximately RMB 29.75 million, with participants acquiring 4,249,918 shares, representing about 0.36% of the total share capital[98]. - The total number of ordinary shareholders as of the end of the reporting period is 57,439[158]. - The largest shareholder, Liu Guoben, holds 23.73% of the shares, with a total of 278,373,337 shares[159]. Risks and Challenges - The management highlighted potential risks including supply chain disruptions and regulatory changes impacting operations[19]. - The company faces risks from fluctuations in raw material prices, particularly for lead-acid and lithium batteries, which could impact production costs and inventory values[84]. - The company faced macroeconomic risks, including rising global trade costs and potential adverse changes in market demand, which could impact operational performance[82].

Financial Performance - The company's operating revenue for Q1 2022 was ¥3,113,066,941.11, representing a decrease of 3.54% compared to the same period last year[5] - Net profit attributable to shareholders was ¥140,124,372.39, down 49.11% year-on-year[5] - The diluted earnings per share for the period was ¥0.12, reflecting a decline of 50.00% compared to the previous year[5] - The decline in net profit was primarily due to decreased sales of mainframe accessories and export limitations, along with rising costs of raw materials and labor[8] - The company reported a decrease in net profit after deducting non-recurring gains and losses by 45.49% year-on-year[13] - The operating profit for the first quarter of 2022 was approximately 175.96 million, down from 345.11 million in the first quarter of 2021, indicating a decline of about 49.1%[30] - The net profit for the first quarter of 2022 was approximately 144.32 million, down from 282.50 million in the first quarter of 2021, representing a decrease of about 48.9%[32] - The total comprehensive income for the first quarter of 2022 was approximately 144.46 million, compared to 129.13 million in the same period of 2021, reflecting an increase of about 11.9%[32] Assets and Liabilities - Total assets increased by 3.62% to ¥13,405,531,049.70 compared to the end of the previous year[8] - Current assets increased to CNY 6,690,695,839.35 as of March 31, 2022, up from CNY 6,261,844,538.80 at the end of 2021, representing a growth of 6.8%[21] - Total liabilities increased to CNY 4,448,989,495.28 from CNY 4,156,558,590.55, representing a rise of 7.0%[26] - Non-current assets totaled CNY 6,714,835,210.35, slightly up from CNY 6,675,356,555.34, showing a growth of 0.6%[24] - The company's total equity increased to CNY 8,956,541,554.42 from CNY 8,780,642,503.59, reflecting a growth of 2.0%[26] - The total equity attributable to shareholders increased by 2.02% to ¥8,658,663,663.29 compared to the end of the previous year[8] Cash Flow - The net cash flow from operating activities was negative at -¥345,168,965.43, indicating a significant cash outflow[5] - The cash flow from operating activities for the first quarter of 2022 was negative at approximately -345.17 million, compared to -390.17 million in the first quarter of 2021, showing an improvement of about 11.5%[35] - Cash and cash equivalents at the end of the period reached $1,422,924,814.06, compared to $680,111,306.79 at the end of the previous period, marking an increase of 109%[37] - The net increase in cash and cash equivalents was $264,245,311.03, contrasting with a decrease of $7,766,787.90 in the prior period[37] - Cash flow from investing activities totaled $614,080,934.63, an increase of 35% compared to $456,477,770.32 in the previous period[37] - The company reported a net cash flow from investing activities of $143,277,370.46, down from $189,157,193.93, indicating a decline of 24%[37] Costs and Expenses - The total operating costs for the first quarter of 2022 were approximately 3.04 billion, compared to 2.99 billion in the same period of 2021, indicating an increase of about 1.4%[30] - Research and development expenses increased to approximately 42.72 million in the first quarter of 2022, up from 26.65 million in the same period of 2021, marking a rise of about 60.4%[30] - The income tax expense for the first quarter of 2022 was approximately 28.36 million, down from 60.30 million in the first quarter of 2021, representing a decrease of about 53%[30] - The company reported a decrease in investment income, with a loss of approximately 5.55 million in the first quarter of 2022, compared to a loss of 15.12 million in the same period of 2021, indicating an improvement of about 63.3%[30] External Factors - The company experienced a significant impact on its performance due to external factors and changes in the automotive production structure influenced by the "National VI" policy[8]

Financial Performance - Net profit attributable to parent company shareholders in 2021 was RMB 831,789,107.64[6] - Revenue in 2021 increased by 28.67% to 1,240,345.45 million RMB compared to 2020[29] - Net profit attributable to shareholders rose by 14.55% to 83,178.91 million RMB in 2021[29] - Operating cash flow decreased by 23.34% to 76,522.31 million RMB in 2021[29] - Total assets grew by 4.63% to 1,293,720.11 million RMB at the end of 2021[29] - Basic earnings per share increased by 12.31% to 0.73 RMB in 2021[29] - Q4 2021 revenue reached 3,261,306,805.44 RMB, the highest among all quarters[32] - Q4 2021 net profit attributable to shareholders was 157,486,356.24 RMB[32] - Revenue for the reporting period reached 12,403.45 million yuan, a year-on-year increase of 28.67%[41] - Net profit attributable to shareholders of the listed company was 831.79 million yuan, up 14.55% year-on-year[41] - The company's operating income for the reporting period was RMB 12.40 billion, a year-on-year increase of 28.67%, while operating costs increased by 33.12% to RMB 10.30 billion[101] - The company achieved a 28.67% year-over-year revenue growth in 2021, reaching 124.03 billion yuan[156] Profit Distribution and Dividends - Proposed cash dividend of RMB 2.2 per 10 shares, totaling RMB 258,092,145.96, representing 31.03% of net profit[6] - The company plans to distribute the remaining undistributed profits in future years[6] - The profit distribution plan is subject to approval at the 2021 annual shareholders' meeting[6] Share Capital and Equity - Total share capital as of March 31, 2022 was 1,173,146,118 shares[6] - The company's equity increased by 14.2% to 848,696.12 million RMB at the end of 2021[29] - The weighted average return on equity (ROE) increased by 0.17 percentage points to 10.55% in 2021[29] Government Subsidies - Government subsidies in 2021 amounted to 61,604,288.27 RMB[32] Battery Sales and Market Share - AGM battery sales increased by nearly 100%, and parking air conditioning battery sales grew by 245% year-on-year[42] - Cumulative sales of automotive low-voltage lead-acid batteries reached 31.52 million KVAH, a year-on-year increase of 12.17%[47] - Market share in the supporting market reached approximately 49%, with cumulative sales increasing by about 3.21% year-on-year[49] - Sales of new energy vehicle low-voltage batteries increased by 258.4% year-on-year[48] - The company's automotive low-voltage lead-acid battery production and sales hit record highs in 2021, with production reaching 32.58 million KVAH, up 16.42% year-on-year, and sales reaching 31.52 million KVAH, up 12.17% year-on-year[80] - The company's automotive low-voltage lead-acid battery market share in domestic OEMs was approximately 49%, with a 27.4% share in the domestic maintenance and replacement market, and export sales increased by 123%[80] R&D and Innovation - The company completed 53 project approvals, including new projects with FAW Jiefang, Dongfeng Honda, and Changan Automobile[48] - The company developed 19 new energy vehicle low-voltage battery projects, covering traditional automakers and new car-making forces[48] - The company's R&D efforts resulted in 207 patent applications, covering key technologies in lithium-ion batteries and battery management systems[43] - The company's energy storage battery R&D improved cycle life, with cells maintaining over 80% capacity after 6,000 cycles and a full lifecycle exceeding 8,000 cycles[46] - R&D expenses increased significantly by 83.09% to RMB 150.27 million, primarily due to increased R&D investment in the new energy sector[101] - Total R&D investment reached 491,485,306.40 yuan, accounting for 3.96% of total revenue[112] - The company has 1,066 R&D personnel, making up 15.09% of total employees[113] - The company's Wuhan R&D center has a 4,000-square-meter testing center with over 1,000 testing circuits, supporting advanced research in battery technology[92] - The company's subsidiary, Wuhan Zhongji Hydrogen Energy Innovation Center, has 60 patents and can conduct over 110 testing items for hydrogen fuel cell products[93] - The company owns 882 patents, including 97 invention patents, 738 utility model patents, and 47 design patents, with 196 patents in the new energy sector[91] Energy Storage and New Energy - The company signed a cooperation agreement with Three Gorges Electric Energy Management (Hubei) Co., Ltd. for a total of no less than 1GWh, with the first batch of 50MWh supply contracts already in place[56] - The company's energy storage product layout covers energy storage cell manufacturing, BMS and EMS product development, and integrated energy storage products[82] - The company's energy storage products include containerized industrial energy storage, residential energy storage, and portable energy storage products, targeting applications in power generation, grid, and user-side scenarios[82] - The company is positioning its energy storage business as a second growth engine, targeting both industrial and residential energy storage markets[151] - The company is building a comprehensive energy storage system R&D framework, focusing on industrial and residential energy storage, and developing core competencies in BMS/EMS and energy storage cells[162] - The company is establishing a cost control system for energy storage, implementing cost responsibility mechanisms and input-output analysis[162] - The company is creating a marketing system for energy storage, targeting different customer groups with online and offline strategies[162] Waste Battery Recycling - The company processed approximately 600,000 tons of waste lead-acid batteries, a 73.3% year-over-year increase, with 67% of the produced lead used for self-supply[59] - The company established 17 centralized transfer points, 2,928 collection points, and 288 joint recycling units for waste lead-acid battery recycling[59] - The company's waste lead-acid battery recycling capacity has reached 860,000 tons/year, forming a nationwide layout with one lead-acid battery factory paired with one recycling factory[85] - The company has developed NCM523, NCM622, and NCM811 ternary precursor products through its independently developed lithium battery recycling technologies[85] - The company is accelerating the construction of a lithium battery recycling factory to establish a "purchase-sale integration" industrial chain[152] Market Expansion and Sales Channels - The company has completed the construction and activation of over 18,000 "You Neng Da" service providers and 53,500 "You Neng Da" terminal providers, covering 22 provinces, 5 autonomous regions, and 268 cities across China[50] - The company's online exposure increased by 27% year-over-year, with the online market share of lead-acid batteries rising to 45.38%, making it the online sales champion[53] - The company's maintenance and replacement market sales grew by approximately 15.4% year-over-year, with market share increasing to around 27.4%[53] - The company achieved a 123% year-over-year growth in overseas market sales, with products exported to 140 ports across 55 countries and regions[54] - The company's sales network covers 22 provinces, 5 autonomous regions, and 4 municipalities, serving nearly 300 cities and over 5,000 terminal retailers[96] - The company operates multiple brands including "Camel," "Huazhong," "Swan," and "DF," offering a wide range of automotive low-voltage battery products[97] - The company has established an integrated online and offline marketing system, including e-commerce platforms and nationwide logistics capabilities[97] - The company is expanding its international market presence by building new channels and overseas warehouses, and localizing production and services[156] Automotive Industry Trends - The company's domestic car production increased by 3.4% year-over-year to 26.082 million units, with passenger car production reaching 21.408 million units, a 7.1% increase[62] - The company's new energy vehicle production and sales reached 3.545 million and 3.521 million units respectively, both increasing by 1.6 times year-over-year, with a market share of 13.4%[65] - Domestic energy storage battery shipments reached 48GWh in 2021, a 2.6-fold increase year-on-year, with power storage battery shipments at 29GWh, a 4.39-fold increase from 6.6GWh in 2020[66] - China's car ownership exceeded 300 million units by the end of 2021, and is expected to reach 390 million units by 2025[137] - Global car ownership is expected to reach 14 to 15 billion units by the end of 2025[137] - The average capacity of low-voltage batteries for commercial vehicles has exceeded 100Ah[137] - The penetration rate of 12V start-stop systems in the passenger vehicle sector has reached nearly 70%, with AGM and EFB start-stop batteries being 1.6-3 times more valuable than traditional flooded batteries[138] Strategic Goals and Future Plans - The company aims to achieve a revenue target of over 20 billion yuan by 2025, doubling its current revenue[148] - The company plans to capture over 50% of the domestic market share in the automotive low-voltage lead-acid battery sector and secure a top-three global position[149] - The company is focusing on 48V lithium battery products to achieve domestic technological leadership and aims to break into overseas markets[150] - The company is investing in R&D for high-power fuel cell systems and solid-state lithium batteries through collaborations with universities[153] - The company is enhancing its brand strategy and channel development to improve cost structure and achieve significant growth in the automotive low-voltage lead-acid battery business[149] - The company is advancing the green transformation of lead-acid base factories, aiming to establish a green intelligent manufacturing model factory with superior environmental and energy consumption metrics[157] - The company is focusing on reducing supply chain procurement and manufacturing costs in the lead-acid sector to enhance cost competitiveness[157] - The company is extending the industrial value chain by optimizing product structure and developing differentiated regional products, including a post-mounted air conditioning battery solution[157] - The company is enhancing R&D and manufacturing capabilities, particularly in the new energy sector, to meet the demands of high-end customers[158] - The company is strengthening its supply chain management by establishing R&D teams for four major materials and enhancing BMS R&D capabilities[158] Corporate Governance and Shareholder Meetings - The company strictly complied with laws and regulations, improved its internal control mechanisms, and enhanced risk prevention capabilities during the reporting period[177] - The company held four general meetings of shareholders during the reporting period, reviewing a total of 24 proposals, all of which were effectively passed[185] - The company strictly fulfilled its information disclosure obligations and implemented a multi-dimensional communication approach to actively engage with investors[177] - The company's governance practices showed no significant differences from the requirements of the China Securities Regulatory Commission[177] - The company's controlling shareholders and actual controllers ensured the independence of the company's assets, personnel, finance, organization, and business[178] - The company's 2021 annual general meeting approved the 2020 annual report, board of directors' work report, and financial budget report for 2021[182] - The company's 2021 second interim general meeting approved providing guarantees for its wholly-owned subsidiaries, including Camel Energy Co., Ltd. and Camel Power Malaysia Sdn. Bhd.[182] - The company's 2021 third interim general meeting approved the second phase of the employee stock ownership plan and amendments to the company's articles of association[182] - The company's 2021 annual general meeting approved the five-year (2021-2025) strategic development plan[182] - The company's 2021 annual general meeting approved the appointment of Huang Yunhui as an independent director of the eighth board of directors[182] Executive Compensation and Shareholdings - Chairman Liu Changlai holds 36,938,694 shares with no change during the year and received a pre-tax remuneration of 1.0673 million yuan[189] - Vice Chairman and President Xia Shizhong received a pre-tax remuneration of 1.4569 million yuan with no shareholding[189] - Director Liu Guoben holds 294,373,337 shares with no change during the year and received no remuneration[189] - Director Lu Mingzhan holds 7,329,509 shares with no change during the year and received a pre-tax remuneration of 344,100 yuan[189] - Vice President Sun Quan received a pre-tax remuneration of 652,600 yuan with no shareholding[189] - Director Liu Zhili received a pre-tax remuneration of 317,300 yuan with no shareholding[189] - Independent Director Huang Dehan received a pre-tax remuneration of 60,000 yuan with no shareholding[189] - Vice President Liu Ting received a pre-tax remuneration of 542,400 yuan with no shareholding[189] - Vice President Gao Guoxing received a pre-tax remuneration of 501,200 yuan with no shareholding[189] - Board Secretary Yu Aihua received a pre-tax remuneration of 533,400 yuan with no shareholding[189] - The total actual remuneration paid to directors, supervisors, and senior management for the year amounted to RMB 7.8325 million (pre-tax)[197] Board of Directors Approvals - The company's board of directors approved the 2021 annual report and related financial reports, including the 2020 financial report and 2021 financial budget[200] - The company's board of directors approved the 2021 annual investment plan and the 2021-2025 five-year strategic development plan[200] - The company's board of directors approved the 2021 annual operating plan and the 2021 annual financial budget[200] - The company's board of directors approved the 2020 profit distribution plan and the 2020 internal control evaluation report[200] - The company's board of directors approved the 2020 annual report and the 2020 annual report summary[200] - The company's board of directors approved the 2020 annual report of the board of directors and the 2020 annual report of the board of supervisors[200] - The company's board of directors approved the 2020 annual report of the board of directors' audit committee and the 2020 annual report of the board of directors' remuneration and assessment committee[200] - The company's board of directors approved the 2020 annual report of the board of directors' nomination committee and the 2020 annual report of the board of directors' strategy committee[200] - The company's board of directors approved the 2020 annual report of the board of directors' risk management committee and the 2020 annual report of the board of directors' audit committee[200] Subsidiaries and Investments - Subsidiary Camel Xiangyang has total assets of 2.91 billion RMB, net assets of 1.63 billion RMB, and a net profit of 199.49 million RMB[130] - Subsidiary Camel Trade has total assets of 1.47 billion RMB, net assets of 263.25 million RMB, and a net profit of 239.61 million RMB[130] - Subsidiary Hubei Jinyang has total assets of 754.84 million RMB, net assets of 627.13 million RMB, and a net profit of 167.36 million RMB[130] - Subsidiary Camel South China has total assets of 1.06 billion RMB, net assets of 953.41 million RMB, and a net profit of 98.83 million RMB[130] - Total external equity investment during the reporting period is approximately 146 million RMB, primarily in subsidiaries[130] Risk Management and Compliance - The company is addressing macroeconomic risks by monitoring economic and policy changes, and innovating in materials, systems, and business models[167] - The company is mitigating raw material price fluctuation risks by improving the dual-cycle industrial chain and securing material contracts in advance[168] - The company strictly complied with laws and regulations, improved its internal control mechanisms, and enhanced risk prevention capabilities during the reporting period[177] Industry and Market Analysis - China's recycled refined lead production reached 2.806 million tons in 2021, a 12% increase year-on-year[72] - The number of power battery recycling enterprises surged in 2021, with new enterprises accounting for 80% of the total, indicating intense competition in the market[73] - The company completed 11 project approvals with 9 enterprises for its 12V/24V/48V low-voltage platform business, meeting the technical requirements of multiple OEMs including Daimler, BMW, and Geely[81] - The company's domestic lead-acid battery production capacity is approximately 33 million KVAH/year, and its waste lead-acid battery recycling capacity is 860,000 tons/year, with an overseas lead-acid battery production capacity of 2 million KVAH/year[98] Financial Metrics and Costs - Lead-acid battery costs increased by 14.12% to 7,500,266,524.91 yuan, accounting for 72.82% of total costs[108] - Lithium battery costs decreased by 11.14% to 22,598,769.42 yuan, accounting for 0.22% of total costs[108] - Recycled lead costs surged by 151.45% to 2,654,716,637.60 yuan, accounting for 25.77% of total costs[108] - Top 5 customers contributed 125,106.80 million yuan, representing 10.09% of total sales[109] - R&D expenses increased by 83.09% to 150,266,017.41 yuan, driven by new energy sector investments[111] - Total R&D investment reached 491,485,306.40 yuan, accounting for 3.96% of total revenue[112] - Operating cash flow decreased by 23.34% to 765,223,090.02 yuan[116] - Monetary funds increased by 70.34% to 1,199,710,190.74 yuan, accounting for 9.27% of total assets[120] - Accounts receivable financing decreased by

证券代码：601311 证券简称：骆驼股份 公告编号：临 2022-014 骆驼集团股份有限公司 关于近期接待机构调研情况的公告 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。 | --- | --- | --- | |-------------------|-------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 一、调研情况 | | | | | 特定对象调研 | 分析师/投资者会议 | | | □ 媒体采访 □ | 业绩说明会 | | 活动类型 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 □其他 | | | 主要参与单位 名称 | 金、高 ...

骆驼集团股份有限公司 2021 年第三季度报告 单位：元 币种：人民币 证券代码：601311 证券简称：骆驼股份 骆驼集团股份有限公司 2021 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | |------------------------------------------------|------------------|-----------------------------------------|------------------|--------------- ...

骆驼集团股份有限公司 2021 年半年度报告 公司代码：601311 公司简称：骆驼股份 骆驼集团股份有限公司 2021 年半年度报告 1 / 163 骆驼集团股份有限公司 2021 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人刘长来、主管会计工作负责人唐乾及会计机构负责人（会计主管人员）赵艳丽声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，请投 资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中 ...

Financial Performance - Operating revenue for the period was ¥3,227,218,564.43, representing a significant increase of 89.78% year-on-year[11] - Net profit attributable to shareholders was ¥275,323,638.58, a remarkable increase of 321.86% compared to the same period last year[11] - The net profit after deducting non-recurring gains and losses was ¥248,960,849.40, reflecting a 415.55% increase year-on-year[11] - Basic earnings per share rose to ¥0.25, an increase of 316.67% compared to ¥0.06 in the previous year[11] - Total operating revenue for Q1 2021 reached ¥3,227,218,564.43, a significant increase of 89.88% compared to ¥1,700,512,900.91 in Q1 2020[43] - Net profit for Q1 2021 was ¥282,496,585.74, compared to ¥57,896,366.91 in Q1 2020, representing an increase of 387.56%[46] - The total comprehensive income for Q1 2021 was ¥129,132,451.11, compared to ¥54,052,087.46 in Q1 2020, indicating a strong performance[46] Sales and Production - The sales volume of lead-acid batteries reached approximately 8.76 million KVAH, an increase of about 80% year-on-year, achieving record highs in both quarterly sales and main business revenue[11] - Operating revenue rose by 89.78% to CNY 3,227,218,564.43, primarily driven by increased sales of lead-acid batteries[20] - Operating costs increased by 88.24% to CNY 2,560,538,567.07, reflecting the rise in sales volume of lead-acid batteries[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥390,171,358.97, indicating a significant change from ¥632,998,446.04 in the same period last year[11] - The company’s cash and cash equivalents decreased to CNY 680,884,090.39 from CNY 704,299,023.28[28] - Total cash inflow from operating activities was 1,071,869,419.74 RMB, up from 751,427,413.70 RMB in the previous year[57] - The net cash flow from investing activities was 372,369,483.67 RMB, a recovery from -432,512,978.59 RMB in Q1 2020[57] - The ending balance of cash and cash equivalents was 504,973,382.58 RMB, up from 448,172,045.39 RMB in the previous year[59] Assets and Liabilities - Total assets at the end of the reporting period reached ¥12,761,359,967.59, an increase of 3.20% compared to the end of the previous year[11] - Total liabilities increased to ¥4,747,488,568.98 from ¥4,591,072,267.46, reflecting a growth of around 3.4%[33] - Current liabilities rose to ¥3,104,009,330.01 from ¥2,947,479,151.21, an increase of approximately 5.3%[31] - Owner's equity totaled ¥8,013,871,398.61, up from ¥7,774,105,282.63, indicating an increase of about 3.1%[33] Investment and Expenses - Investment income decreased significantly to CNY -15,120,905.79, attributed to reduced investment income from joint ventures[20] - Research and development expenses for Q1 2021 were ¥26,646,403.61, a decrease of 21.66% from ¥33,999,884.60 in Q1 2020[43] - The company incurred financial expenses of ¥12,995,301.21 in Q1 2021, up from ¥10,894,290.25 in Q1 2020, reflecting an increase of about 19.2%[50] Other Financial Metrics - The weighted average return on equity increased by 2.65 percentage points to 3.65%[11] - The company continues to optimize its product structure and strengthen cost control, enhancing product competitiveness and profitability[11] - The company reported a notable increase in other income, which amounted to ¥106,013,270.97 in Q1 2021, compared to ¥67,809,708.04 in Q1 2020[43]

Financial Performance - Net profit attributable to parent company in 2020 was RMB 726.13 million[6] - Total distributable profit for 2020 was RMB 4.20 billion[6] - Revenue in 2020 reached 96.4 billion yuan, a year-on-year increase of 6.83%[27] - Net profit attributable to shareholders in 2020 was 7.26 billion yuan, up 22% year-on-year[27] - Operating cash flow in 2020 was 9.98 billion yuan, an increase of 23.03% compared to the previous year[27] - Total assets at the end of 2020 were 123.65 billion yuan, an increase of 8.11% year-on-year[27] - Basic earnings per share in 2020 were 0.65 yuan, up 22.64% year-on-year[28] - Weighted average return on equity in 2020 was 10.38%, an increase of 0.84 percentage points year-on-year[28] - Revenue in Q4 2020 was 2.85 billion yuan, the highest among all quarters[31] - Net profit attributable to shareholders in Q4 2020 was 275.55 million yuan, the highest among all quarters[31] - Revenue increased by 6.83% to 9,639,815,718.43 yuan compared to the previous year[97] - Operating costs rose by 4.35% to 7,737,499,451.52 yuan[97] - Net cash flow from operating activities grew by 23.03% to 998,223,489.12 yuan[97] - Revenue for the period was 9.639 billion yuan, a year-on-year increase of 6.83%, with net profit attributable to shareholders of 726.13 million yuan, a year-on-year increase of 22%[82] - The company's 2020 net profit attributable to the parent company was RMB 726,134,737.51, with a total distributable profit of RMB 4,199,493,236.00 after adjustments[174] Dividends and Share Repurchases - Cash dividend proposed at RMB 0.20 per share (tax inclusive)[6] - Repurchased 4.25 million shares not participating in profit distribution[6] - 2019 dividend payment totaled RMB 438.38 million (cash dividend RMB 180.51 million, stock dividend RMB 257.87 million)[6] - In 2020, the company proposed a cash dividend of RMB 2.00 per 10 shares (tax included), totaling RMB 223,492,049.00, accounting for 30.78% of the net profit attributable to the parent company[178] - In 2019, the company distributed a cash dividend of RMB 2.10 per 10 shares (tax included) and a stock dividend of 3 shares per 10 shares, totaling RMB 180,510,529.50 in cash dividends[172] - The cash dividend payout ratio for 2019 was 30.33% of the net profit attributable to the parent company[178] - In 2018, the company distributed a cash dividend of RMB 1.50 per 10 shares (tax included), totaling RMB 128,936,070.00, with a payout ratio of 23.05%[178] - The company's cash dividend payout ratio for 2019, including share repurchases, was 32.92%[178] - The cash dividend payout ratio for 2018, including share repurchases, was 38.24%[178] - The company's total share repurchase amount in 2019 was RMB 15,400,709.80, accounting for 7.86% of the total cash dividend[180] - The company's total share repurchase amount in 2018 was RMB 85,003,394.41, accounting for 39.73% of the total cash dividend[180] Lead-Acid Battery Business - The company's lead-acid battery production reached 27.985 million KVAH, a year-on-year increase of 13.76%, with sales reaching 28.103 million KVAH, a year-on-year increase of 14.34%, both hitting record highs[41] - The company's market share in lead-acid starter batteries for automotive applications has increased to 48%, with a 16.4% year-on-year growth in sales to OEMs[41] - The company's domestic aftermarket share remained at around 25%, with aftermarket sales growing by approximately 8.3% year-on-year[42] - The company's lead-acid battery recycling capacity reached 860,000 tons/year, with 344,000 tons of waste lead-acid batteries processed in 2020, a 30% year-on-year increase[43] - The company's lead-acid battery products are primarily used in starting and power applications, accounting for over 70% of the domestic lead-acid battery product structure[60] - The company has a leading position in the domestic lead-acid battery market, with a nationwide network of nearly 2,000 first-tier dealers and 40,000 terminal outlets[61] - The company's annual processing capacity for used lead-acid batteries has reached 860,000 tons, with advanced recycling technology and equipment[65] - The company has participated in the formulation of national and industry standards for lead-acid battery recycling and disposal, enhancing its competitive advantage[65] - The company's domestic lead-acid battery production capacity is 32 million KVAH/year, with an annual waste lead-acid battery recycling capacity of 860,000 tons[79] - The company's overseas lead-acid battery production capacity is 2 million KVAH/year[79] - Cumulative production of lead-acid batteries reached 27.985 million KVAH, a year-on-year increase of 13.76%, and cumulative sales reached 28.103 million KVAH, a year-on-year increase of 14.34%[82] - Domestic OEM market sales increased by approximately 16.4%, with a market share of about 48%[86] - Domestic aftermarket sales increased by approximately 8.3%, with online orders leading the industry and a market share maintained at around 25%[87] - Lead-acid battery segment revenue increased by 9.21% to 8,477,354,232.09 yuan, with a gross margin of 22.47%[98] - Production of lead-acid batteries increased by 13.76% to 27,985,477.11 KVAH[101] - Direct material costs for lead-acid batteries accounted for 75.10% of total costs, increasing by 5.15% to 5,810,955,842.63 yuan[102] New Energy Business - The company's new energy business focuses on low-voltage lithium battery market development, with products including 12V/24V/48V lithium batteries and energy storage batteries[47] - The company's joint venture with Rimac has completed its first phase, achieving an annual production capacity of 50,000 drive systems[47] - The company's investment in a new energy power battery recycling pilot line in Hubei has obtained ISO9001 certification[48] - The company has launched 12V/24V/48V lithium battery products to establish a competitive edge in niche markets[69] - The company has formed partnerships with multiple domestic and international OEMs for 12V and 48V low-voltage start-stop systems[69] - The 48V soft-pack battery production line was officially mass-produced in April 2020, with a total shipment of 19,957 units for the year[90] - The company was selected as the 48V lithium battery supplier for BAIC's B60V project in January 2021[90] - A lithium battery recycling pilot line was established in 2020, successfully developing NCM523, NCM622, and NCM811 ternary precursor products[90] - The company completed testing, installation, and promotion of lithium battery container fixed energy storage projects, with 4 products passing TÜV certification[91] - The company invested in Wuhan Zhongji Hydrogen Energy Industry Innovation Center Co., Ltd., participating in hydrogen fuel cell systems and key components[91] - The company has built a closed-loop industrial chain for lithium batteries, covering R&D, production, sales, and recycling[159] - The company will focus on developing 48V lithium battery products to achieve technological leadership in China and expand into overseas markets[141] - The company plans to invest in lithium battery energy storage, develop intelligent equipment, and research fuel cell systems and solid-state lithium battery technologies[143] Overseas Expansion - Overseas sales increased by approximately 111% year-on-year, with exports expanding to 29 new countries[42] - The company has established stable supply relationships with nearly 200 domestic automobile manufacturers and is expanding its overseas business to achieve "global supply" for lead-acid batteries[54] - The company has partnered with nearly 40,000 terminal stores and repair points across 22 provinces, 5 autonomous regions, and 4 municipalities, and is developing its overseas dealer network[54] - The company has developed an online sales model through its own e-commerce platform and major platforms like Alibaba and JD.com, integrating online and offline sales[54] - The company has 5 wholly-owned subsidiaries overseas, engaged in battery R&D, production, and sales[160] - Overseas market sales achieved multiple growth, with 29 new export countries added, and North American sales accounting for 45% of total overseas sales[88] - The company plans to accelerate the construction of the second phase of its Malaysia factory and establish a battery recycling plant in Malaysia or nearby countries[142] - The company will optimize its overseas capacity layout, aiming to achieve full production at its Malaysia factory and start construction of a North American factory[147] R&D and Innovation - The company has 719 patents, including 82 authorized invention patents, 595 utility model patents, and 42 design patents[71] - R&D expenses decreased by 11.10% to 82,072,529.37 yuan due to delayed project progress[106] - Total R&D investment was 390,510,634.20 yuan, accounting for 4.05% of total revenue[109] - The company has 956 R&D personnel, making up 13.84% of the total workforce[109] - The company has introduced automated production equipment and advanced environmental protection technologies in lead-acid battery manufacturing[156] - The company's main lead-acid battery production plants have been included in the fifth batch of the Ministry of Industry and Information Technology's green manufacturing list[156] - The company has promoted informationization by implementing QR code identification and traceability management for lead-acid batteries[159] - The company has strengthened its competitive position in the low-voltage lithium battery segment through differentiated products and services[159] Market and Industry Trends - The global new energy vehicle (NEV) fleet reached approximately 10 million units by the end of 2020, with China accounting for 4.92 million units, nearly 50% of the total[60] - The domestic new energy vehicle market is growing, driving steady demand for power batteries, with ternary lithium batteries and lithium iron phosphate batteries remaining mainstream[66] - China's automobile production and sales in 2020 were 25.225 million and 25.311 million units, respectively, a year-on-year decrease of 2% and 1.9%[130] - The number of cars in China reached 281 million by the end of 2020, an increase of 21 million from the end of 2019, a year-on-year increase of 8.08%[130] - China's new energy vehicle sales in 2020 were 1.367 million units, a year-on-year increase of 10.9%[135] - The cumulative installed capacity of power batteries in China in 2020 was 63.6Gwh, a year-on-year increase of 2.3%[135] Strategic Goals and Future Plans - The company aims to achieve a revenue target of over 20 billion yuan by 2025, doubling its current revenue[139] - In 2020, the company achieved revenue of 9.64 billion yuan, a year-on-year increase of 6.83%[144] - The company plans to increase its market share in the automotive low-voltage battery sector to over 50% in China and rank among the top three globally[140] - The company will focus on developing 48V lithium battery products to achieve technological leadership in China and expand into overseas markets[141] - The company plans to accelerate the construction of the second phase of its Malaysia factory and establish a battery recycling plant in Malaysia or nearby countries[142] - The company will invest in lithium battery energy storage, develop intelligent equipment, and research fuel cell systems and solid-state lithium battery technologies[143] - The company aims to achieve a year-on-year revenue growth of over 20% in 2021[147] - The company will optimize its overseas capacity layout, aiming to achieve full production at its Malaysia factory and start construction of a North American factory[147] - The company plans to enhance its market share in the high-end automotive market by upgrading products and services, particularly for start-stop batteries[147] - The company will continue to reduce manufacturing costs and improve asset turnover efficiency in 2021[148] Corporate Governance and Compliance - Company maintains standard unqualified audit opinion from ZhongShen ZhongHuan CPA[5] - No non-operational fund occupation by controlling shareholders or related parties[8] - The company has established an early warning mechanism to mitigate risks from exchange rate fluctuations and international relations[160] - The company prioritizes cash dividends, with a minimum cash dividend ratio of 10% of distributable profits annually[165] - The company has implemented a differentiated cash dividend policy based on its development stage and capital expenditure needs[164] Subsidiaries and Investments - The total assets of Camel Xiangyang are 2.515 billion yuan, with net assets of 1.529 billion yuan and a net profit of 181.8853 million yuan[124] - Camel Trade's main business income is 8.554 billion yuan, with a main business profit of 696.1448 million yuan[127] - Camel Sales' main business income is 3.732 billion yuan, with a main business profit of 409.4772 million yuan[127] - Hubei Jinyang's main business income is 1.813 billion yuan, with a main business profit of 149.4987 million yuan[127] - Camel Huazhong's main business income is 1.288 billion yuan, with a main business profit of 183.5001 million yuan[127] - Camel New Energy's main business income is 20.1975 million yuan, with a main business loss of 7.0658 million yuan[127] - The company acquired a 30% stake in Hubei Camel Financial Leasing Co., Ltd. for 57 million yuan, making it a wholly-owned subsidiary[196] - The company planned to establish the Hubei Camel Hanjiang Green Circular Economy Industrial Investment Fund with a total scale of 500 million yuan, with the company contributing 295 million yuan, accounting for 59%[198] - Due to changes in the policy of Xiangyang City's guiding fund, the investment cooperation agreement for the Hubei Camel Hanjiang Green Circular Economy Industrial Investment Fund was not signed, and the fund was not registered, leading to the cancellation of the related transaction[199] Employee Stock Ownership Plan - The company implemented the first phase of its employee stock ownership plan, transferring 5.75 million shares at a price of 6.57 yuan per share, raising a total of 37.7775 million yuan with 45 participating employees[190] - The first phase of the employee stock ownership plan unlocked on March 23, 2020, and after a 3-for-10 stock dividend, the number of shares held increased to 7.475 million[190] - During the reporting period, the employee stock ownership plan reduced its holdings by 3,737,401 shares, accounting for 0.33% of the total shares, and as of December 31, 2020, it still held 3,737,599 shares, representing 0.33% of the total shares[190] Related Party Transactions - The company and its subsidiary, Hubei Camel Logistics, conducted daily related transactions with Daramic, totaling 167.6287 million yuan for purchasing lead-acid battery separators and 4.3522 million yuan for logistics and warehousing services[192] Financial Assets and Liabilities - The company's trading financial assets increased by RMB 457.8 million, reaching RMB 645.8 million at the end of the period[36] - The company's other equity instrument investments increased by RMB 494.7 million, reaching RMB 779.3 million at the end of the period[36] - Trading financial assets increased by 243.47% to RMB 645,825,379.31, accounting for 5.22% of total assets[113] - Other equity instrument investments surged by 173.78% to RMB 779,321,182.39, representing 6.30% of total assets[113] - Short-term borrowings rose by 64.82% to RMB 1,235,000,000.00, making up 9.99% of total assets[113] - Contract liabilities increased by 33.91% to RMB 295,044,425.19, accounting for 2.39% of total assets[113] - Deferred tax liabilities surged by 359.10% to RMB 191,486,220.01, representing 1.55% of total assets[113] - Restricted assets at the end of the reporting period totaled RMB 256,216,123.49, including RMB 239,795,194.90 in receivables financing and RMB 16,420,928.59 in other monetary funds[116] - Total external equity investments in 2020 amounted to approximately RMB 352 million, including a RMB 10 million investment in Wuhan Zhongji Hydrogen Energy Industry Innovation Center Co., Ltd[121] Cash Flow - Operating cash flow increased by 23.03% to RMB 998,223,489.12 in 2020 compared to RMB 811,360,000.67 in 2019[110] - Net cash flow from investment activities improved to -RMB 308,320,875.53 in 2020 from -RMB 541,951,970.87 in 2019[110] - Net cash flow from financing activities decreased to -RMB 715,164,112.60 in 2020 from -RMB 95,812,064.85 in 2019[110] Non-Recurring Items - Non-recurring gains and losses in 2020 amounted to 1.1 billion yuan, mainly from government subsidies and investment income[35] Legal and Regulatory Compliance - Legal surplus reserve of RMB 66.66 million was allocated[6] - Convertible bonds are still

Financial Performance - Operating income for the first nine months was ¥6,788,856,542.36, reflecting a year-on-year growth of 2.08%[13] - Net profit attributable to shareholders for the first nine months was ¥450,581,173.47, up 7.20% year-on-year[13] - The net profit after deducting non-recurring gains and losses for the first nine months was ¥420,898,477.65, an increase of 22.10% compared to the same period last year[13] - Basic earnings per share for the first nine months was ¥0.40, up 5.26% year-on-year[13] - Net profit for Q3 2020 was ¥210,937,983.64, up 83.5% from ¥114,960,459.77 in Q3 2019[52] - Total operating revenue for Q3 2020 reached ¥2,722,443,271.98, an increase of 17.3% compared to ¥2,320,112,580.94 in Q3 2019[45] - The total operating profit for Q3 2020 was ¥249,398,783.20, an increase of 84.6% from ¥134,969,758.55 in Q3 2019[52] - Earnings per share attributable to shareholders of the parent company for Q3 2020 was ¥0.21, compared to ¥0.11 in Q3 2019[52] Asset and Liability Overview - Total assets at the end of the reporting period reached ¥11,651,049,578.05, an increase of 1.87% compared to the end of the previous year[13] - The company's total current assets amounted to ¥5,593,940,460.15 as of September 30, 2020, compared to ¥5,415,266,989.54 at the end of 2019[31] - Total liabilities decreased slightly to ¥4,505,211,054.40 from ¥4,513,073,207.97, a decline of about 0.18%[37] - Owner's equity rose to ¥7,145,838,523.65 from ¥6,924,180,178.30, representing an increase of approximately 3.19%[37] - Current liabilities decreased to ¥2,846,785,371.10 from ¥3,029,448,540.89, reflecting a reduction of approximately 6.03%[35] - The company reported a total liability of ¥4,513,073,207.97, with current liabilities at ¥3,029,448,540.89 and non-current liabilities at ¥1,483,624,667.08[80] Cash Flow Analysis - The company reported a net cash flow from operating activities of ¥653,618,476.05, an increase of 14.26% year-on-year[13] - The net cash flow from investing activities was negative at -¥335,816,158.63, primarily due to an increase in financial products[22] - The net cash flow from financing activities was negative at -¥429,729,012.54, mainly due to increased cash payments for loan repayments[22] - Cash inflow from financing activities totaled CNY 1,955,316,471.63, while cash outflow was CNY 2,385,045,484.17, leading to a net cash flow of -CNY 429,729,012.54[70] - Total cash inflow from operating activities amounted to CNY 7,048,914,634.11, while cash outflow was CNY 6,395,296,158.06, resulting in a net inflow of CNY 653,618,476.05[68] Investment and Financial Assets - Trading financial assets increased by 157.81% to ¥484,754,027.92 due to increased investment in financial products[22] - Investment income surged by 122.82% to ¥39,734,725.25, driven by increased earnings from joint ventures and financial products[22] - Derivative financial assets rose by 33.69% to ¥7,959,773.26, primarily due to an increase in held lead futures contracts[22] - The company received CNY 1,246,161,718.79 from investment recoveries, a substantial increase from CNY 657,211,065.82 previously[68] Operational Metrics - In Q3, sales volume of lead-acid batteries increased by approximately 23%, with revenue of ¥272,244.33 million, a year-on-year growth of 17.34%[16] - The cumulative sales volume of lead-acid batteries reached 19.815 million KVAH by the end of Q3, representing an 11% year-on-year increase[16] - The company continues to optimize management processes and expand into the maintenance and replacement market, contributing to its growth[16] Employee and Equity Information - The company implemented its first employee stock ownership plan, raising ¥37.77 million with 45 participating employees[25] - As of September 30, 2020, the employee stock ownership plan held 3,737,599 shares, representing 0.33% of the company's total equity[26]

公司代码：601311 公司简称：骆驼股份 骆驼集团股份有限公司 2020 年半年度报告 骆驼集团股份有限公司 2020 年半年度报告 1 / 166 骆驼集团股份有限公司 2020 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人刘长来、主管会计工作负责人唐乾及会计机构负责人（会计主管人员）赵艳丽声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，请投 资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述可能存在的相关风险，敬请查阅第四节"经营情况讨论与分析" 中"可能面对的风险"部 ...