证券代码：601882 证券简称：海天精工 公告编号：2023-012 宁波海天精工股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 宁波海天精工股份有限公司（以下简称"公司"）已于 2023 年 3 月 21 日发 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，公司计划于 2023 年 4 月 18 日下午 16:00-17:00 举行 2022 年度业绩说明会，就投资者关心的问题进行交流。 董事、总经理：王焕卫先生 财务总监：俞盈女士 董事会秘书：谢精斌先生 一、说明会类型 本次业绩说明会以网络互动形式召开，公司将针对 2022 年度经营成果及财 务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投 资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2023 年 4 月 18 日下午 16:00-17:00 会议召开时间：2023 年 4 月 1 ...

Financial Performance - The company's total revenue for 2022 was ¥3,177,482,321.32, representing a 16.37% increase from ¥2,730,486,727.61 in 2021[22]. - The net profit attributable to shareholders rose to ¥520,649,087.43, a 40.31% increase from ¥371,070,627.91 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥471,786,860.50, up 37.38% from ¥343,409,754.21 year-on-year[22]. - The operating cost was 2,309.56 million RMB, which increased by 13.87% compared to the previous year, primarily due to the growth in revenue[79]. - The gross profit margin for the general equipment manufacturing industry was 27.30%, with a year-on-year increase of 1.80 percentage points[81]. - The company achieved operating revenue of RMB 851,093,171.22 in Q4 2022, with a net profit attributable to shareholders of RMB 130,915,960.62[57]. - The company reported a significant increase in other income, which rose by 251.09% to RMB 40,326,983.19, compared to RMB 11,486,069.11 in the previous year[98]. - The total profit retained increased by 39.39%, reaching RMB 1,003,919,253.43, up from RMB 720,217,285.63 in the previous year[116]. - The company reported a net profit of 1,421.16 million CNY for Dalian Guohua, while Haitian Aolin recorded a net loss of 957.91 million CNY[137]. Cash Flow and Investments - The company's operating cash flow decreased to ¥218,055,427.00, a decline of 50.19% compared to ¥437,735,322.48 in the same period last year[1]. - The net cash flow from investing activities was -¥507,748,117.87, a significant drop of 838.19% from -¥54,119,802.59 in the previous year[2]. - The net cash flow from financing activities decreased to -¥190,380,809.49, down 49.38% from -¥127,449,325.67 year-on-year[2]. - The company reported a net cash flow from operating activities of RMB 132,415,940.64 in Q4 2022, indicating strong operational efficiency[57]. - The company reported a total of RMB 460,062,107.57 in trading financial assets by the end of 2022, reflecting a significant increase of RMB 280,062,107.57 during the period[61]. Market and Sales Performance - The top five customers contributed ¥76,957.31 million in sales, accounting for 24.22% of total annual sales[8]. - The top five suppliers accounted for ¥68,236.45 million in purchases, representing 29.92% of total annual purchases[10]. - In 2022, the company's domestic and overseas sales revenue both reached historical highs despite a challenging macro environment[36]. - The overseas sales revenue surged by 77.66%, significantly outpacing domestic sales growth[81]. - The CNC machine tool industry experienced a 0.3% decline in operating revenue in 2022, while the company continues to expand its market share[67]. Research and Development - The company holds 238 patents and has over 20 years of experience in the R&D of CNC machine tools, positioning itself as a leading enterprise in China[47]. - R&D expenses increased due to higher investment in research and development personnel[77]. - Research and development expenses totaled RMB 118,208,573.25, which is 3.72% of the operating revenue, reflecting a 4.25% increase from the previous year[109]. - The company aims to increase R&D investment to strengthen product performance and fill specification gaps, particularly in high-speed electric spindles and related components[143]. Strategic Initiatives - The company established a new energy division at the beginning of the year, which has been steadily increasing production capacity[37]. - The company acquired 328 acres of land in Ningbo for the construction of a high-end CNC machine tool intelligent production base[37]. - The company is focusing on the development of new business growth points in industries such as new energy vehicles, aligning with national industrial development policies[62]. - The company is expanding its domestic and international market presence, with a focus on weak markets to increase market share and enhance channel management capabilities[145]. - The company is considering strategic acquisitions to bolster its market position, with potential targets identified in the technology sector[184]. Governance and Management - The company has established a robust investor relations management system, enhancing transparency and protecting investor interests[171]. - The company maintains independence from its controlling shareholder in personnel, assets, finance, organization, and business[169]. - The company’s governance structure has been strengthened in accordance with the Company Law and relevant regulations, ensuring long-term development[164]. - The company held 1 annual general meeting and 1 extraordinary general meeting during the reporting period, ensuring compliance with relevant laws and regulations[169]. - The total pre-tax remuneration for the board of directors and senior management during the reporting period amounted to 864.80 million yuan[173]. Challenges and Risks - The company faces risks from a complex international environment, including high inflation in developed economies and unstable global machine tool demand[147]. - The company experienced a 667.43% increase in financial expenses due to foreign exchange gains[98]. - The company faced intense competition in the CNC machine tool industry, particularly from high-end manufacturers in Japan and Germany, necessitating ongoing efforts to close the technology gap[165].

Financial Performance - The company's operating revenue for Q3 2022 was ¥851,093,171.22, representing a year-on-year increase of 14.96%[7] - The net profit attributable to shareholders for Q3 2022 was ¥134,067,323.15, reflecting a year-on-year growth of 28.90%[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥130,244,634.91, with a year-on-year increase of 32.41%[7] - The basic earnings per share for Q3 2022 was ¥0.2568, up 28.85% compared to the same period last year[10] - The diluted earnings per share for Q3 2022 was also ¥0.2568, showing an increase of 28.85% year-on-year[10] - Operating profit for the first three quarters of 2022 was ¥402,833,860.12, compared to ¥285,226,262.51 in 2021, marking a significant increase of 41.3%[36] - Net profit attributable to shareholders of the parent company for the first three quarters of 2022 was ¥389,733,126.81, up from ¥262,822,474.65, representing a growth of 48.3%[36] - Other comprehensive income after tax for the first three quarters was ¥3,439,620.28, compared to a loss of ¥173,994.17 in the previous year[36] - The total comprehensive income for the period reached CNY 393,172,747.09, compared to CNY 262,648,480.48 in the same period last year, reflecting a significant increase[38] - Basic and diluted earnings per share were CNY 0.7466, up from CNY 0.5035 year-over-year[38] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥4,465,577,093.12, a year-on-year increase of 9.33%[10] - The equity attributable to shareholders at the end of Q3 2022 was ¥1,854,287,832.97, reflecting a year-on-year increase of 12.69%[10] - Total liabilities amounted to ¥2,611,289,260.15, an increase from ¥2,438,821,941.31, indicating a rise of 7.1%[30] - Total equity attributable to shareholders of the parent company reached ¥1,854,287,832.97, compared to ¥1,645,518,104.87, reflecting an increase of 12.7%[30] - The total assets of the company increased to ¥4,465,577,093.12 from ¥4,084,340,046.18, showing a growth of 9.3%[30] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥85,639,486.36, which decreased by 61.97% compared to the same period last year[10] - Cash inflow from operating activities totaled CNY 2,664,961,031.86, compared to CNY 2,019,687,191.08 in the previous year, indicating a growth of approximately 32%[39] - The net cash flow from operating activities was CNY 85,639,486.36, down from CNY 225,199,650.31 in the same period last year[41] - Cash outflow from investing activities amounted to CNY 714,576,901.15, compared to CNY 549,472,576.67 in the previous year, representing an increase of about 30%[41] - The net cash flow from investing activities was negative at CNY -341,176,474.64, compared to CNY -212,117,874.98 in the same period last year[41] - The company reported a total cash outflow from financing activities of CNY 187,254,347.76, compared to CNY 124,236,000.00 in the previous year[41] - The company experienced a net decrease in cash and cash equivalents of CNY -432,337,225.05, compared to CNY -113,272,542.22 in the same period last year[41] Shareholder Information - The company has a strong shareholder base, with the top three shareholders holding a combined total of 416,300,000 shares, representing approximately 77.75% of the total shares[21] - The company is under the control of its actual controller, indicating a stable governance structure which may influence future strategic decisions[21] Operational Metrics - Total operating revenue for the first three quarters of 2022 reached ¥2,366,570,631.68, an increase of 17.8% compared to ¥2,008,822,056.28 in the same period of 2021[32] - Total operating costs for the same period were ¥1,958,173,982.41, up from ¥1,714,595,932.52, reflecting a growth of 14.2%[32] - Research and development expenses for the first three quarters were ¥86,896,401.92, up from ¥72,166,423.38, indicating a growth of 20.4%[32] Inventory and Receivables - Current assets totaled RMB 3,650,174,771.28, up from RMB 3,344,814,781.36 year-over-year[24] - Inventory increased to RMB 1,563,235,945.87 from RMB 1,277,857,607.74, reflecting a growth of approximately 22.3%[24] - Accounts receivable rose to RMB 297,165,902.82 from RMB 237,447,711.73, indicating an increase of about 25.1%[24] Deferred Income and Contract Liabilities - The company reported a decrease in deferred income from ¥72,111,757.13 to ¥65,241,625.63, a decline of 8.2%[30] - The company reported a significant increase in contract liabilities to RMB 1,009,024,713.90 from RMB 856,379,678.68, representing a growth of approximately 17.8%[27]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,515,477,460.46, representing a 19.47% increase compared to ¥1,268,496,718.19 in the same period last year[20]. - The net profit attributable to shareholders of the listed company reached ¥255,665,803.66, marking a significant increase of 60.99% from ¥158,809,925.50 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 214,116,564.07, an increase of 50.34% compared to the previous year[23]. - Basic earnings per share were CNY 0.4898, up 61.01% from the same period last year[23]. - The total profit for the first half of 2022 was CNY 288.82 million, a significant increase of 61.5% from CNY 178.88 million in the same period last year[151]. - The company reported a significant increase in other income, which rose to CNY 38.02 million from CNY 10.52 million, indicating a growth of 261.5%[151]. - The total comprehensive income for the first half of 2022 was CNY 257.13 million, compared to CNY 158.71 million, reflecting a growth of 62.1%[151]. Cash Flow and Assets - The net cash flow from operating activities was -CNY 102,602,648.72, reflecting a 200% decrease compared to the previous year[23]. - The company's cash and cash equivalents decreased by 43.81% to ¥563,943,559.58 from ¥1,003,566,451.02 in the previous year, primarily due to increased payments for materials, land use rights purchases, and dividend distributions[53]. - The company's total assets at the end of the reporting period were CNY 4,226,595,800.08, an increase of 3.48% compared to the end of the previous year[23]. - The company's cash and cash equivalents at the end of the period were CNY 458,724,541.67, down from CNY 620,067,906.01 at the end of the previous year[160]. - The total liabilities rose to ¥2,508,701,456.79 from ¥2,438,821,941.31, marking an increase of about 2.9%[138]. Research and Development - Research and development expenses rose by 16.16% to approximately ¥55.67 million, reflecting higher personnel costs in R&D[48]. - The company holds 225 authorized patents, showcasing its strong position in the R&D of CNC machine tools[42]. - Research and development expenses for the first half of 2022 were ¥55,674,284.15, compared to ¥47,930,426.77 in the same period of 2021, showing an increase of 16.3%[145]. Environmental Compliance - The company is classified as a key pollutant discharge unit by the Ningbo Environmental Protection Department, with major pollutants including wastewater, waste gas, noise, and solid waste[83]. - Wastewater discharge meets the standards with concentrations of COD at 275 mg/L, ammonia nitrogen at 0.734 mg/L, and total phosphorus at 0.02 mg/L, all below the respective limits[83]. - The company has constructed its own wastewater treatment plant, ensuring that all wastewater discharged meets the required standards[86]. - The company conducts annual monitoring of wastewater, waste gas, and noise levels through qualified third-party agencies, with all pollutants reported to be within standards[89]. - There were no administrative penalties imposed on the company during the reporting period for environmental issues[90]. Corporate Governance - The report indicates that all board members attended the board meeting, ensuring the authenticity and completeness of the financial report[5]. - There were no significant changes in the company's board or management personnel during the reporting period[79]. - The company has committed to maintaining the lock-up period for shares held by major shareholders, with specific conditions for any potential share reductions[94]. Related Party Transactions - The company engaged in related party transactions amounting to 18,833,140.92, representing 1.24% of similar transaction amounts[108]. - The company has committed to fair and equitable transactions with related parties, ensuring compliance with legal and regulatory requirements[100]. Risks and Challenges - The company faces risks from economic cycles affecting the machine tool industry, which is heavily influenced by fixed asset investments[71]. - The ongoing global COVID-19 pandemic presents uncertainties that could impact market demand and supply chain stability[74]. - The competitive landscape includes challenges from high-end CNC machine tool manufacturers from Japan and Germany, necessitating ongoing technological advancements[72].

Financial Performance - The company's operating revenue for Q1 2022 was ¥705,513,478.14, representing a year-on-year increase of 30.87%[6] - The net profit attributable to shareholders of the listed company was ¥110,242,373.13, up 77.47% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥92,954,183.99, reflecting a 57.68% increase year-on-year[6] - Basic earnings per share for the period was ¥0.2112, an increase of 77.48% compared to the previous year[6] - The weighted average return on net assets was 6.48%, an increase of 2.14 percentage points from the previous year[6] - Total operating revenue for Q1 2022 was RMB 705,513,478.14, an increase of 30.9% compared to RMB 539,100,403.83 in Q1 2021[30] - Net profit for Q1 2022 reached RMB 110,242,373.13, representing a 77.5% increase from RMB 62,117,696.05 in Q1 2021[30] - Basic and diluted earnings per share for Q1 2022 were both RMB 0.2112, compared to RMB 0.1190 in Q1 2021[32] - The company reported a total comprehensive income of RMB 109,993,920.89 for Q1 2022, compared to RMB 62,219,444.81 in Q1 2021[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,134,486,813.33, a 1.23% increase from the end of the previous year[9] - The equity attributable to shareholders of the listed company was ¥1,756,029,950.71, up 6.72% from the end of the previous year[9] - Total current assets increased to RMB 3,497,515,249.54 from RMB 3,344,814,781.36, representing a growth of approximately 4.56% year-over-year[22] - Total liabilities decreased to RMB 2,378,456,862.62 from RMB 2,438,821,941.31, a reduction of approximately 2.47%[25] - Current liabilities totaled RMB 2,260,274,756.37, down from RMB 2,320,088,731.95, indicating a decrease of about 2.58%[25] - Non-current assets decreased to RMB 636,971,563.79 from RMB 739,525,264.82, a decline of approximately 13.87%[25] - Total equity attributable to shareholders was RMB 1,756,029,950.71, up from RMB 1,645,518,104.87 in the previous period[30] - The company’s total assets amounted to RMB 4,134,486,813.33, compared to RMB 4,084,340,046.18 in the previous period[30] Cash Flow - The company reported a net cash flow from operating activities of -¥127,780,110.69, which is a 6.03% decrease year-on-year[6] - Cash flow from operating activities in Q1 2022 was RMB 834,650,007.47, significantly higher than RMB 390,816,321.45 in Q1 2021[32] - Total cash outflow from operating activities was 991,385,734.43, up from 535,590,977.67, leading to a net cash flow from operating activities of -127,780,110.69, slightly improved from -135,984,353.40[35] - Cash received from operating activities related to other business activities was 27,491,406.33, a significant increase from 7,279,368.67[35] - The company reported a net increase in cash and cash equivalents of -181,282,148.71, compared to -99,384,859.22 in the prior period[37] - The ending balance of cash and cash equivalents was 723,666,874.56, up from 552,475,185.15[37] Investments and Expenses - Research and development expenses for Q1 2022 totaled RMB 25,690,777.34, an increase of 28.4% from RMB 19,987,083.25 in Q1 2021[30] - Cash received from investment recoveries was 120,000,000.00, up from 60,000,000.00, showing a strong recovery in investments[36] - Cash paid for investments increased significantly to 160,000,000.00 from 20,000,000.00, indicating aggressive investment strategies[36] - Cash paid to employees increased to 112,332,856.78 from 90,907,132.30, reflecting a rise in labor costs[35] - Cash paid for taxes decreased to 30,659,967.33 from 57,963,485.24, indicating improved tax efficiency[35] Revenue Drivers - The increase in revenue and net profit was primarily due to an increase in orders and production volume[11] - Total operating costs for Q1 2022 were RMB 592,901,131.03, up 27.1% from RMB 466,226,126.06 in Q1 2021[30] - Accounts receivable rose to RMB 251,764,644.41 from RMB 237,447,711.73, an increase of approximately 6.00%[22] - Inventory increased to RMB 1,380,838,044.29 from RMB 1,277,857,607.74, reflecting a growth of about 8.04%[22] - The company reported a significant increase in prepayments to RMB 12,133,350.95 from RMB 5,845,775.39, a rise of approximately 107.00%[22]

Financial Performance - In 2021, the company's operating revenue reached ¥2,730,486,727.61, a 67.30% increase compared to ¥1,632,063,155.17 in 2020[25]. - The net profit attributable to shareholders was ¥371,070,627.91, representing a significant increase of 168.46% from ¥138,221,240.35 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was ¥343,409,754.21, up 192.37% from ¥117,457,783.77 in 2020[25]. - The company's total assets increased by 37.30% to ¥4,084,340,046.18 at the end of 2021, compared to ¥2,974,687,264.81 at the end of 2020[25]. - The basic earnings per share rose to ¥0.71, a 173.08% increase from ¥0.26 in 2020[25]. - The weighted average return on equity increased by 14.38 percentage points to 24.71% in 2021, compared to 10.33% in 2020[25]. - The company achieved record high domestic and overseas sales revenue in 2021, driven by increased equipment investment demand in aerospace, new energy, and export industries[36]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in Q4 2023, representing a year-over-year growth of 25%[148]. - The company achieved a net profit margin of 12%, translating to a net profit of around $144 million[154]. Dividend Distribution - The company plans to distribute a cash dividend of 3.56 RMB per 10 shares, totaling 185,832,000 RMB based on a total share capital of 522,000,000 shares[6]. - The company approved a cash dividend distribution plan for 2020, distributing 2.38 RMB per 10 shares, totaling 124,236,000 RMB[188]. - For 2021, the proposed cash dividend is 3.56 RMB per 10 shares, amounting to 185,832,000 RMB[188]. - The company plans to distribute at least 33% of its distributable profits as cash dividends each year, with a minimum of 40% in cases of significant investments or cash expenditures exceeding 200 million[182][183]. - The company has not made any adjustments to its cash dividend policy during the reporting period[187]. Risk Management - The company emphasizes that forward-looking statements do not constitute a commitment to investors, highlighting potential investment risks[7]. - The company has detailed various risks and countermeasures in its management discussion and analysis section[10]. - The company faces risks from economic cycles affecting fixed asset investments in downstream industries, which directly impact supply and demand in the machine tool sector[125]. - The ongoing global COVID-19 pandemic and geopolitical uncertainties pose risks to market demand and supply chain stability, potentially affecting the company's operational environment[130]. Corporate Governance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[5]. - The company maintains a commitment to the accuracy and completeness of its financial reports, as stated by its management[4]. - The company has confirmed that all board members attended the board meeting, ensuring governance compliance[5]. - The company has established a robust investor relations management system to ensure transparency and protect investor interests[135]. - The company has established effective control mechanisms for subsidiary management, financial status, and information disclosure[195]. - The company has actively conducted self-inspections and rectifications to enhance corporate governance and internal control management[196]. Research and Development - The company has a strong focus on R&D, holding 240 patents and collaborating with domestic research institutions[52]. - The company plans to increase R&D investment, particularly in developing new series of gantry machining centers and high-speed horizontal machining centers, to enhance product performance and competitiveness[123]. - The company is investing in R&D, with a budget increase of 30% for the upcoming fiscal year, focusing on innovative technologies[149]. - The company aims to gradually increase the proportion of variable compensation in total salary to effectively motivate employees[177]. Market Expansion - The company will strengthen domestic and international market expansion, with a focus on establishing an independent subsidiary in Indonesia to accelerate global marketing efforts[124]. - Market expansion plans include entering three new international markets by the end of 2024, projected to increase market share by 5%[149]. - The company is considering strategic acquisitions to enhance its product portfolio, with a target of acquiring at least two companies within the next year[149]. Operational Efficiency - The company plans to optimize production capacity through increased automation and improved supply chain capabilities, aiming to reduce labor intensity for workers[123]. - Operational efficiency improvements are expected to reduce costs by 10%, contributing to higher profit margins[149]. - The company reported a net profit margin of 15%, up from 12% in the previous year, reflecting improved operational performance[149]. Employee Management - The company reported a total of 1,883 employees, with 1,517 in the parent company and 366 in major subsidiaries[176]. - The company has established a competitive salary system, with total salary determined based on key operational indicators, ensuring a fixed salary and performance-based incentives[177]. - The company has a comprehensive training system to support employee development, covering various aspects including corporate culture and professional skills[180]. Environmental Compliance - The company is classified as a key pollutant discharge unit, with major pollutants including wastewater, waste gas, noise, and solid waste[198]. - The wastewater discharge concentrations for COD, ammonia nitrogen, suspended solids, total phosphorus, and total zinc are 390 mg/L, 10.5 mg/L, 18 mg/L, 1.24 mg/L, and 0.18 mg/L respectively, all within the regulatory limits[199].

证券代码：601882 证券简称：海天精工 公告编号：2021-031 宁波海天精工股份有限公司 关于参加"宁波辖区 2021 年度上市公司投资者网上 集体接待日主题活动"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。 为进一步加强宁波辖区上市公司与投资者特别是中小投资者的沟通交流，增 强上市公司的透明度，提升公司治理水平，促进公司规范运作，在宁波证监局指 导下，宁波上市公司协会将联合深圳市全景网络有限公司共同举办"心系投资者 携手共行动"——宁波辖区 2021 年度上市公司投资者网上集体接待日主题活动。 活动于 2021 年 11 月 18 日下午 15:00-17:00 举行，平台登陆地址为： https://rs.p5w.net/。 届时，宁波海天精工股份有限公司高管人员将参加本次活动，通过网络在线 交流形式，就公司治理、发展战略、经营状况、可持续发展等投资者所关心的问 题，与投资者进行"一对多"形式的沟通与交流。欢迎广大投资者踊跃参与！ 特此公告。 宁波海天精工股份有限公司董事会 2021 年 11 月 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥740,325,338.09, representing a year-over-year increase of 71.81%[7] - The net profit attributable to shareholders for Q3 2021 was ¥104,012,549.15, reflecting a significant increase of 188.87% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥98,361,269.34, up 206.91% year-over-year[7] - For the year-to-date period, the total operating revenue reached ¥2,008,822,056.28, an increase of 81.53% compared to the previous year[7] - The net profit attributable to shareholders for the year-to-date period was ¥262,822,474.65, showing a growth of 193.44% year-over-year[7] - The basic earnings per share for Q3 2021 was ¥0.1993, an increase of 188.87% compared to the same period last year[9] - The diluted earnings per share for Q3 2021 was also ¥0.1993, reflecting a year-over-year increase of 188.87%[9] - Net profit for the third quarter of 2021 was ¥262,822,474.65, a substantial rise from ¥89,566,533.81 in the same quarter of 2020, indicating an increase of approximately 194.5%[32] - Earnings per share for the third quarter of 2021 were ¥0.5035, compared to ¥0.1716 in the same quarter of 2020, showing an increase of about 194.5%[35] - The company reported a total profit of ¥295,649,716.63 for the third quarter of 2021, compared to ¥99,676,406.35 in the same quarter of 2020, indicating an increase of approximately 196.5%[32] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,632,648,361.04, representing a 22.12% increase from the end of the previous year[9] - The equity attributable to shareholders at the end of the reporting period was ¥1,537,648,097.55, up 9.91% from the previous year[9] - The company's total current assets as of September 30, 2021, amount to approximately RMB 2.998 billion, an increase from RMB 2.323 billion in the previous year[25] - The total liabilities of the company as of September 30, 2021, are approximately RMB 2.095 billion, compared to RMB 1.576 billion in the previous year, indicating a significant increase[28] - The total equity of the company remains at RMB 522 million, unchanged from the previous year[28] - The total liabilities and shareholders' equity at the end of the reporting period were ¥1,537,648,097.55, up from ¥1,398,968,359.35 in the previous year, reflecting an increase of about 9.9%[30] Cash Flow - The cash inflow from operating activities for the first three quarters of 2021 was CNY 2,019,687,191.08, compared to CNY 1,205,543,948.43 in the same period of 2020, representing an increase of approximately 67.5%[39] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 225,199,650.31, up from CNY 176,689,929.83 in 2020, indicating a growth of about 27.4%[39] - The cash outflow for purchasing goods and services in the first three quarters of 2021 was CNY 1,320,118,669.14, compared to CNY 749,153,643.99 in 2020, reflecting an increase of approximately 76.2%[39] - The net cash flow from investing activities for the first three quarters of 2021 was -CNY 212,117,874.98, a decrease from CNY 86,944,825.17 in 2020, indicating a decline in investment returns[40] - The cash outflow for investment activities in the first three quarters of 2021 totaled CNY 549,472,576.67, compared to CNY 306,309,371.01 in 2020, representing an increase of about 79.3%[40] - The cash outflow for dividend distribution and interest payments in the first three quarters of 2021 was CNY 124,236,000.00, significantly higher than CNY 23,490,000.00 in 2020, marking an increase of approximately 429.5%[40] - The net increase in cash and cash equivalents for the first three quarters of 2021 was -CNY 113,272,542.22, contrasting with an increase of CNY 237,806,361.64 in 2020[40] - The ending balance of cash and cash equivalents as of the end of the third quarter of 2021 was CNY 538,587,502.15, compared to CNY 483,491,647.83 at the end of the same period in 2020, showing an increase of about 11.4%[40] Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,243[19] - The largest shareholder, Ningbo Haitian Co., Ltd., holds 201,986,000 shares, accounting for 38.69% of the total shares[19] - The company has no pledged or frozen shares among its top shareholders[19] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥72,166,423.38, up from ¥45,585,533.23 in 2020, marking an increase of approximately 58.2%[30] - The company has not disclosed any new product developments or market expansion strategies in the current report[22] Other Financial Metrics - The company's inventory as of September 30, 2021, is valued at approximately RMB 1.080 billion, up from RMB 776 million in the previous year[25] - The accounts receivable amount to approximately RMB 229.18 million, an increase from RMB 171.92 million in the previous year[25] - The company reported a significant increase in accounts payable, which stands at approximately RMB 525.19 million, compared to RMB 348.10 million in the previous year[28] - Other comprehensive income after tax for the third quarter of 2021 was -¥173,994.17, an improvement from -¥453,492.23 in the same quarter of 2020[35] - The company's financial expenses for the third quarter of 2021 were -¥5,553,348.80, compared to -¥681,239.11 in the same quarter of 2020, showing a decrease in financial costs[32]

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥1,268,496,718.19, representing an increase of 87.73% compared to the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥158,809,925.50, a significant increase of 196.51% year-on-year[21]. - The net profit after deducting non-recurring gains and losses was ¥142,422,456.17, up 258.84% from the previous year[21]. - The basic earnings per share for the first half of 2021 was ¥0.3042, reflecting a year-on-year increase of 196.49%[22]. - The total assets of the company at the end of the reporting period were ¥3,439,375,342.44, an increase of 15.62% compared to the end of the previous year[21]. - The net cash flow from operating activities was ¥102,598,056.49, down 44.79% compared to the same period last year[21]. - The weighted average return on net assets increased by 6.94 percentage points to 11.05%[22]. - The company reported a significant increase in inventory, which rose by 26.15% to ¥978,992,579.30 from ¥776,034,365.99, due to higher order volumes[51]. - The company reported a total current assets of approximately RMB 2.80 billion as of June 30, 2021, an increase from RMB 2.32 billion at the end of 2020, representing a growth of about 20.5%[134]. - The company reported a total of ¥124,236,000.00 in dividends distributed, significantly higher than ¥23,490,000.00 in the previous year, marking an increase of 429.5%[168]. Operational Insights - The company achieved a 50.7% year-on-year increase in revenue for the first half of 2021, with a total profit of 1.55 billion RMB, compared to a loss of 210 million RMB in the same period last year[37]. - The metal cutting machine tool industry saw a 41.0% increase in new orders and a 30.7% increase in production from January to June 2021[37]. - The company employs a "sales-driven production" model, tailoring production based on customer orders and requirements[33]. - The company has established a strong customer base across various industries, enhancing its brand image and market recognition[39]. - The company focuses on high-end CNC machine tools, with a product range that includes CNC gantry machining centers and CNC lathes[30]. Research and Development - The company has accumulated over 219 patents in the field of CNC machine tool research and development, establishing itself as a leading domestic enterprise[40]. - Research and development expenses increased by 76.68% to ¥47,930,426.77 from ¥27,128,144.98, reflecting higher investment in product development[43]. - The company invested $200 million in R&D for new technologies, focusing on AI and machine learning advancements[200]. Market and Competitive Landscape - The CNC machine tool market is expected to continue growing, driven by demand from sectors such as aerospace, automotive, and energy[37]. - The company faces operational risks due to economic cycles affecting fixed asset investments in the machine tool industry[69]. - The company is exposed to competitive risks in the CNC machine tool sector, which is characterized by high technology and capital intensity[70]. - The company faces increasing competition from high-end CNC machine tool enterprises from countries like Japan and Germany, necessitating ongoing efforts to close the technological gap with international firms[72]. Financial Position and Liabilities - The total amount of accounts receivable increased by 11.60% to ¥191,859,930.98 from ¥171,923,430.73, driven by increased sales and longer collection periods for overseas sales[51]. - The company’s total liabilities increased, with accounts payable rising by 68.57% to ¥586,781,588.25 from ¥348,095,274.48, reflecting increased material purchases[53]. - The total liabilities increased to CNY 1,822,337,166.14 as of June 30, 2021, from CNY 1,459,700,409.39 at the end of 2020, representing an increase of approximately 24.8%[150]. - The total guarantee balance at the end of the reporting period was ¥2,918.44 million, accounting for 2.04% of the company's net assets[118]. Environmental and Regulatory Compliance - The company is classified as a key pollutant discharge unit, with major pollutants including wastewater, waste gas, noise, and solid waste[82]. - The company has established a wastewater treatment station, ensuring that wastewater discharge meets regulatory standards[87]. - The company has implemented measures for air pollution control, including the use of activated carbon adsorption, with emissions meeting standards[87]. - The company has conducted environmental monitoring through third-party agencies, confirming that all pollutants are within acceptable limits[92]. Shareholder and Governance Matters - The actual controller and shareholders committed to not reducing their holdings of the company's stock below the issuance price for two years after the lock-up period ends[96]. - The total number of ordinary shareholders at the end of the reporting period was 13,770[122]. - The largest shareholder, Ningbo Haitian Co., Ltd., held 201,986,000 shares, representing 38.69% of the total shares[123]. - The company has not reported any new major strategies or product developments in the current reporting period[111][120]. Future Outlook - The company provided guidance for Q4 2023, expecting revenue to be between $5.5 billion and $5.7 billion, indicating a potential growth of 6% to 10%[200]. - The company plans to enter the Asian market, targeting a revenue contribution of $1 billion by 2025[200].

Financial Performance - Operating revenue surged by 99.47% to CNY 539,100,403.83 year-on-year[11] - Net profit attributable to shareholders increased by 439.14% to CNY 62,117,696.05 compared to the same period last year[11] - Basic earnings per share rose by 438.46% to CNY 0.1190[11] - Total operating revenue for Q1 2021 reached $539.1 million, a significant increase from $270.3 million in Q1 2020, representing a growth of approximately 99.5%[56] - Net profit for Q1 2021 was $62.1 million, up from $11.5 million in Q1 2020, indicating a growth of approximately 438.5%[58] - The company reported a 193.10% increase in income tax expenses to ¥6,062,354.54 from ¥2,068,363.40[19] - The company’s total comprehensive income for Q1 2021 was $62.2 million, compared to $11.8 million in Q1 2020, representing an increase of approximately 426.5%[58] Assets and Liabilities - Total assets increased by 6.35% to CNY 3,163,619,710.50 compared to the end of the previous year[11] - Total liabilities rose to ¥1,701,790,611.49, compared to ¥1,575,718,905.46, marking an increase of about 8.0%[46] - The company's equity attributable to shareholders reached ¥1,461,829,099.01, up from ¥1,398,968,359.35, reflecting a growth of approximately 4.5%[46] - Accounts receivable increased by 56.82% to ¥624,111,557.85 from ¥397,989,811.77[19] - Other non-current assets increased by 464.82% to ¥5,111,700.00 from ¥905,006.20[19] - The total assets increased to ¥3,163,619,710.50 from ¥2,974,687,264.81, reflecting overall growth[44] Cash Flow - Net cash flow from operating activities decreased significantly by 2,910.61% to -CNY 135,984,353.40[11] - The net cash flow from operating activities was negative at -¥135,984,353.40, compared to ¥4,838,256.57 in the previous period[21] - Cash inflows from operating activities totaled ¥399.61 million in Q1 2021, up from ¥322.56 million in Q1 2020, reflecting a growth of approximately 24%[66] - The net cash flow from investing activities was negative at ¥37.51 million in Q1 2021, down from a positive cash flow of ¥8.60 million in Q1 2020[70] Research and Development - Research and development expenses increased by 51.64% to ¥19,987,083.25 from ¥13,180,224.78[19] - The company is investing $200 million in R&D for new technologies aimed at enhancing user experience and product efficiency[71] Market and Growth Strategy - The company plans to continue expanding its market presence and invest in new product development[11] - Market expansion efforts in Europe have resulted in a 25% increase in market share over the past year[71] - The company plans to enter the Asian market by Q1 2024, targeting a revenue contribution of $1 billion within the first year[71] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,470[18] - The top shareholder, Ningbo Haitian Co., Ltd., holds 38.69% of the shares[18] Operational Efficiency - Operating costs increased by 91.71% to ¥411,571,007.30 from ¥214,679,487.78[19] - Operational costs were reduced by 10% due to improved efficiency measures implemented in the last quarter[71]