证券代码：601890 证券简称：亚星锚链 公告编号：临 2023-032 江苏亚星锚链股份有限公司 委托理财受托方：深圳天风天成资产管理有限公司 本次委托理财金额：6,030万元 委托理财产品名称：天风天成亚星发展单一资产管理计划 履行的审议程序： | 银河金汇证券资 | 银河融汇 8 号 | 2022 年 9 月 27 日 | 3,000 | 4.35 | 2023 年 9 月 | 3,000 | 1,210,453.92 | | --- | --- | --- | --- | --- | --- | --- | --- | | 产管理有限公司 | | | | | 26 日 | | | 二、本次委托理财概况 关于使用自有资金购买理财产品的公告 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 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: 江苏亚星锚链股份有限公司（以下简称"公司"）于2023年4月21日召开第五届 董事会第九次会议审议通过了《关于使用公司自有资金购买理财产品的议案》，并 经过2023年5月24日召开的公司2022年年度股东大会审议通过 ...

证券代码：601890 证券简称：亚星锚链 公告编号：临 2023-031 江苏亚星锚链股份有限公司 关于使用自有资金购买理财产品的公告 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 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: 江苏亚星锚链股份有限公司（以下简称"公司"）于2023年4月21日召开第五届 董事会第九次会议审议通过了《关于使用公司自有资金购买理财产品的议案》，并 经过2023年5月24日召开的公司2022年年度股东大会审议通过，同意公司使用不超过 14.2亿元自有资金购买理财产品，在上述额度内资金可以滚动使用。具体内容详见 公司于2023年4月25日刊登在《中国证券报》、《上海证券报》及上海证券交易所网 站（www.sse.com.cn）的《关于使用公司自有资金购买理财产品的公告》。 一、本次委托理财概况 (一)委托理财目的 在保证公司正常经营所需流动资金的情况下，为提高资金利用效率，创造更大 的经济效益，公司拟用闲置自有资金购买理财产品。 (二)资金来源的一般情况 公司进行委托理财所使用的资金为公司暂时闲置的自有资金。 (三)委托理 ...

证券代码：601890 证券简称：亚星锚链 公告编号：临 2023-030 江苏亚星锚链股份有限公司 关于召开 2023 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 09 月 08 日(星期五) 至 09 月 14 日(星期四)16:00 前登录上 证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 xll@asac.cn 进行提 问。公司将在说明会上对投资者普遍关注的问题进行回答。 江苏亚星锚链股份有限公司（以下简称"公司"）已于 2023 年 8 月 29 日发布公 司 2023 年半年度报告，为便于广大投资者更全面深入地了解公司 2023 年半年度经 营成果、财务状况，公司计划于 2023 年 09 月 15 日 上午 11:00-12:00 举行 2023 年半年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 二、 说明会召开的时间、 ...

Foreign Currency Transactions and Exchange Rates - The company uses the market exchange rate published by the People's Bank of China on the transaction date to convert foreign currency transactions into the functional currency[1]. - For the balance sheet date, foreign monetary assets and liabilities are converted at the exchange rate published by the People's Bank of China, with the resulting exchange gains or losses recognized accordingly[1]. - The average exchange rate for the period is used to convert income and expense items in the profit and loss statement for foreign operations[2]. - The company reports the impact of exchange rate fluctuations on cash as an adjustment item in the cash flow statement[2]. - Approximately 40% of the company's products are exported, exposing it to significant exchange rate risks[181]. - The company plans to mitigate exchange rate fluctuations through forward foreign exchange contracts with banks[181]. - The company faced a foreign exchange loss of CNY 21.14 million, impacting financial expenses[178]. Financial Assets and Liabilities - Financial assets are classified at initial recognition based on the business model and cash flow characteristics, including those measured at amortized cost and those measured at fair value[6]. - Financial liabilities are classified at initial recognition as either measured at fair value with changes recognized in profit or loss or measured at amortized cost[13]. - The company applies the effective interest method to calculate interest on financial assets measured at amortized cost, with gains or losses recognized upon disposal[7]. - For financial assets transferred, if the risks and rewards of ownership are substantially transferred, the asset is derecognized, and the difference is recognized in profit or loss[14]. - The company terminates recognition of financial liabilities when the current obligations are fully or partially discharged, or when the terms are substantially modified[18]. Inventory and Impairment - The company applies a lower of cost or net realizable value principle for inventory valuation, with provisions for inventory write-downs based on the difference between cost and net realizable value[27]. - The company assesses inventory impairment based on the lower of cost and net realizable value, with provisions made for obsolete and slow-moving inventory[124]. - The company conducts annual goodwill impairment tests, requiring estimates of future cash flows and appropriate discount rates[126]. - The company assesses whether non-current assets show signs of impairment, requiring tests when the carrying amount exceeds recoverable amounts[136]. - The company assesses impairment indicators for non-current non-financial assets on the balance sheet date and estimates recoverable amounts if indicators are present[49]. Revenue Recognition - The company recognizes revenue when control of the related goods or services is transferred to the customer, allowing the company to direct the use of the goods and obtain almost all economic benefits[84]. - The company recognizes revenue when the customer obtains control of the related goods or services[86]. - The company recognizes contract liabilities for received or receivable customer consideration that obligates the company to transfer goods to customers[52]. Taxation and Deferred Tax - The company confirms deferred tax assets based on the likelihood of future taxable income to utilize the benefits[117]. - The company evaluates the carrying amount of deferred tax assets at the balance sheet date[117]. - The company recognizes deferred tax assets based on future profitability and temporary differences, with some unrecognized due to uncertainty[139]. - The company recognizes government grants related to assets as deferred income and amortizes them over the asset's useful life[92]. - Government grants are recognized when the conditions attached are met and the grants are receivable[91]. Operating Performance - The company's operating revenue increased by 52.90% compared to the same period last year, driven by a significant increase in sales volume[170]. - Net profit attributable to shareholders rose by 88.06% year-on-year, reflecting the growth in operating revenue and corresponding gross profit[170]. - Basic earnings per share reached CNY 0.1143, an increase of 87.99% compared to CNY 0.0608 in the same period last year[168]. - The production of marine chains and accessories totaled 61,998 tons, a year-on-year increase of 40.25%[177]. - Total sales volume reached 84,800 tons, up 44.43% from the previous year, with marine chains and accessories sales increasing by 36.86%[178]. - The company's operating revenue for the first half of 2023 reached ¥1,012,852,456.41, representing a 52.90% increase compared to the same period last year[187]. - Net profit attributable to shareholders increased by 88.06% year-on-year, amounting to ¥109,654,872.34[187]. - The net profit after deducting non-recurring gains and losses rose by 36.59% to ¥84,175,286.97 compared to the previous year[190]. - The company's total assets at the end of the reporting period were ¥4,663,927,783.97, a 1.06% increase from the end of the previous year[187]. - The cash flow from operating activities showed a significant decline of 2,796.24%, resulting in a net outflow of ¥128,900,892.94[187]. Research and Development - Research and development expenses increased during the reporting period, indicating a commitment to innovation[178]. Corporate Structure and Tax Benefits - The company is recognized as a high-tech enterprise, benefiting from a reduced corporate income tax rate of 15% for three years starting from January 1, 2020[143]. - The company applies a 13% VAT rate on taxable income and a corporate income tax rate of 15%, 20%, or 25% depending on the entity[128]. Manufacturing and Production - The company is the largest chain production enterprise globally, benefiting from significant scale advantages that enhance equipment utilization and production efficiency[195]. - The company has developed advanced manufacturing and testing equipment, achieving breakthroughs in ultra-high strength R5 mooring chains, filling domestic technological gaps[196]. - The marine engineering mooring system connection components have gained recognition from leading global oil companies, establishing a solid production capacity[196]. - The shipbuilding industry in China showed robust growth in the first half of 2023, with a completed shipbuilding volume of 21.13 million deadweight tons, a year-on-year increase of 14.2%[193]. - During the reporting period, the company secured orders totaling 92,300 tons, including 69,200 tons for marine anchor chains and 23,100 tons for offshore oil platform mooring chains[197].

证券代码：601890 证券简称：亚星锚链 公告编号：临 2023-029 江苏亚星锚链股份有限公司 关于使用自有资金购买理财产品到期收回并继续购买理财产品的公告 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 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: 江苏亚星锚链股份有限公司（以下简称"公司"）于2023年4月21日召开第五届 董事会第九次会议审议通过了《关于使用公司自有资金购买理财产品的议案》，并 经过2023年5月24日召开的公司2022年年度股东大会审议通过，同意公司使用不超过 14.2亿元自有资金购买理财产品，在上述额度内资金可以滚动使用。具体内容详见 公司于2023年4月25日刊登在《中国证券报》、《上海证券报》及上海证券交易所网 站（www.sse.com.cn）的《关于使用公司自有资金购买理财产品的公告》。 一、前次委托理财到期收回情况 | 受托方 | 产品名称 | 协议签订日 | 购买金额 | 预期年化收益 | 产品到期日 | 收回金额（万 | 投资收益（元） | | --- | --- | --- | --- | --- | - ...

证券代码：601890 证券简称：亚星锚链 公告编号:临 2023-021 江苏亚星锚链股份有限公司 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。 会议召开时间：2023 年 05 月 22 日(星期一) 上午 11:00-12:00 会议召开地点：上海证券交易所上证路演中心（网址： 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果 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 三、 参加人员 控股股东：陶安祥 董事长：陶兴 总经理：陶良凤 财务总监：王桂琴 董事会秘书：肖莉莉 独立董事：张友法 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 05 月 15 日(星期一) 至 05 月 19 日(星期五)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮 ...

Financial Performance - In Q1 2023, the company reported a net profit of ¥59,919,070.26, a significant increase from ¥26,427,771.04 in Q1 2022, representing a growth of approximately 126.4%[8] - The company achieved an operating profit of ¥69,909,674.33 in Q1 2023, compared to ¥34,683,325.02 in the same period last year, marking an increase of approximately 101.5%[8] - Net profit attributable to shareholders was ¥58,956,227.08, reflecting a significant increase of 122.02% compared to the same period last year[15] - The company reported a 126.73% increase in net profit, driven by a 38.17% growth in revenue and a 426.96% increase in non-recurring gains[18] - Basic and diluted earnings per share for Q1 2023 were both ¥0.0615, compared to ¥0.0277 in Q1 2022, indicating an increase of approximately 121.7%[10] Revenue and Sales - Total revenue from sales and services received cash of ¥553,151,957.69 in Q1 2023, up from ¥287,086,969.82 in Q1 2022, indicating an increase of about 92.8%[10] - Revenue for the first quarter reached ¥489,114,052.60, representing a year-on-year increase of 38.17%[15] - Total operating revenue for Q1 2023 reached ¥489,114,052.60, a significant increase of 38.2% compared to ¥353,981,692.26 in Q1 2022[45] Cash Flow and Investments - Operating cash flow generated a net outflow of ¥47,196,771.14 in Q1 2023, compared to a net inflow of ¥71,598,455.39 in Q1 2022[3] - The net cash inflow from investment activities was ¥111,966,603.24 in Q1 2023, compared to ¥25,065,558.49 in Q1 2022, reflecting a substantial increase[3] - The company’s financing activities generated a net cash inflow of ¥96,238,125.01 in Q1 2023, reversing from a net outflow of ¥2,550,000.00 in Q1 2022[3] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,680,888,857.29, up 1.43% from the previous year-end[16] - Total current assets as of March 31, 2023, amounted to ¥3,860,268,262.74, an increase from ¥3,776,515,727.05 in the previous year, reflecting a growth of approximately 2.22%[43] - Total liabilities as of March 31, 2023, were ¥1,266,854,417.37, slightly up from ¥1,260,815,832.64, showing a marginal increase of about 0.03%[44] Expenses - Total operating costs for Q1 2023 were ¥434,364,444.18, up 38.7% from ¥313,008,200.64 in Q1 2022[45] - Financial expenses surged by 318.87%, primarily due to increased exchange losses and decreased interest income[18] - Selling expenses increased to ¥18,685,227.44, compared to ¥12,195,607.78 in Q1 2022, reflecting a growth of 53.6%[45] - Management expenses rose to ¥26,247,696.13, compared to ¥23,114,787.41 in the previous period, indicating an increase of 9.2%[45] Research and Development - Research and development expenses rose by 56.05% due to increased investment in R&D during the reporting period[18] - Research and development expenses increased to ¥15,394,460.24 in Q1 2023, representing a 55.7% rise from ¥9,865,056.01 in Q1 2022[45] Shareholder Information - The total number of common shareholders at the end of the reporting period was 100,167, with the largest shareholder holding 27.70% of the shares[39] - Total equity attributable to shareholders of the parent company rose to ¥3,315,112,203.06, compared to ¥3,256,155,975.98 in the previous period[45] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[40]

Financial Performance - The company's operating revenue for 2022 was CNY 1,516,476,286.25, representing a year-on-year increase of 14.93% compared to CNY 1,319,528,496.10 in 2021[14]. - The net profit attributable to shareholders of the listed company was RMB 149,021,570.99, an increase of 22.98% compared to the previous year[72]. - The net profit for 2022 was ¥146,684,736.14, compared to ¥118,962,119.16 in 2021, indicating a growth of about 23.4%[161]. - The company achieved a net profit attributable to shareholders of 149,021,570.99 CNY for the year 2022, with a proposed cash dividend of 0.5 CNY per 10 shares, totaling 47,970,000.00 CNY (including tax) to be distributed to shareholders[33]. - The total comprehensive income for the year reflects a positive trend, contributing to the overall financial health of the company[149]. Cash Flow - The net cash flow from operating activities increased significantly by 173.21%, reaching CNY 179,741,727.54, compared to CNY 65,788,734.93 in the previous year[14]. - The net cash flow from operating activities rose by 173.21% compared to the previous year, driven by increased operating income[47]. - Net cash flow from operating activities was 130,258,437.91 RMB, a significant improvement from -26,701,886.86 RMB in the previous period[165]. - Total operating cash inflows amounted to 1,368,364,410.03 RMB, an increase from 1,107,600,172.87 RMB in the previous period[165]. - The ending balance of cash and cash equivalents was 861,838,568.92 RMB, down from 943,700,193.17 RMB at the beginning of the period[166]. Sales and Production - The sales volume of marine anchor chains and accessories reached 107,368 tons, an increase of 7,032 tons or 7.01% year-on-year, generating sales of CNY 1.099 billion[17]. - The company produced 104,574 tons of ship anchor chains in 2022, a decrease of 5.5% year-on-year, while production of mooring chains increased by 116.46% to 31,538 tons[85]. - Total sales volume for the year was 134,415 tons, an increase of 11.55% compared to the previous year[85]. - The company secured orders totaling 160,300 tons during the reporting period, including 118,400 tons for marine anchor chains and accessories and 41,900 tons for mooring chains[17]. Research and Development - The research and development expenses increased by 18.67% to CNY 78,046,595.29, compared to CNY 65,767,391.17 in 2021[14]. - Research and development expenses for 2022 were ¥57,726,970.49, up from ¥49,820,069.93 in 2021, which is an increase of approximately 15.0%[160]. Market and Industry Conditions - The company is exposed to market risks due to the cyclical nature of the shipbuilding and marine engineering industries, influenced by shipping market conditions and international oil prices[35]. - The marine oil and gas exploration industry is experiencing a recovery, with IHS projecting a 23% year-on-year increase in offshore capital expenditure for 2023[192]. - The implementation of the marine power strategy and the development of the marine economy will provide a favorable environment for the company's growth[192]. - The decline in prices of floating wind turbines and the introduction of new plans will create new opportunities for the marine economy, benefiting the company[192]. Financial Position - The company’s total assets at the end of 2022 were RMB 4,614,931,202.30, reflecting an increase of 11.55% from the previous year[65]. - The company’s net assets attributable to shareholders reached RMB 3,256,155,975.98, a growth of 3.52% year-on-year[65]. - The total liabilities increased to CNY 1,260,815,832.64 from CNY 896,714,364.74, representing a growth of approximately 40.6% year-over-year[138]. - The total equity rose to ¥3,065,245,391.08 in 2022, up from ¥2,956,936,654.94 in 2021, marking an increase of about 3.7%[158]. Risk Management - The company faced raw material price risks, particularly for steel products, and implemented cost control measures to mitigate potential adverse impacts[26]. - The company has taken measures to hedge against exchange rate fluctuations that could significantly impact performance[37]. Shareholder Information - The company plans to submit the proposed profit distribution plan for shareholder approval at the annual general meeting[33]. - The top ten shareholders include Tao Anxiang with 265,793,716 shares and a fund managed by Huatai-PineBridge with 71,832,252 shares, indicating a concentrated ownership structure[106]. Other Financial Activities - The company reported a significant change in accounting policies due to the issuance of "Interpretation No. 16" by the Ministry of Finance, affecting the tax treatment of dividends related to equity instruments[94]. - The company has not engaged in any share repurchase activities during the reporting period[110]. - The company has not reported any significant changes in accounting policies or prior period error corrections during the year[148].

Financial Performance - The company's operating revenue for Q3 2022 was ¥407,215,585.05, representing a 57.70% increase compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was ¥37,977,173.16, showing a 33.39% increase year-over-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥30,309,072.09, reflecting a 36.83% increase compared to the same period last year[7]. - Basic and diluted earnings per share for Q3 2022 were both ¥0.0396, a 33.33% increase year-over-year[10]. - The weighted average return on equity for Q3 2022 was 1.19%, an increase of 0.27 percentage points compared to the previous year[10]. - Total operating revenue for the first three quarters of 2022 reached ¥1,069,657,381.09, an increase of 5.1% compared to ¥1,010,866,414.17 in the same period of 2021[29]. - Net profit for the third quarter was ¥98,912,744.11, slightly higher than ¥98,105,019.50 from the previous year, indicating a growth of 0.8%[32]. - The total equity attributable to shareholders rose to ¥3,203,421,355.50, compared to ¥3,145,510,404.99, marking an increase of 1.8%[29]. - The total comprehensive income attributable to the parent company was CNY 96,286,950.51, a decrease from CNY 97,591,027.97 in the same period last year, reflecting a decline of approximately 1.34%[34]. Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥4,381,335,419.37, a 5.90% increase from the end of the previous year[10]. - Shareholders' equity attributable to the parent company was ¥3,203,421,355.50, reflecting a 1.84% increase compared to the end of the previous year[10]. - The company's total liabilities increased to ¥1,080,286,692.07 from ¥896,714,364.74, representing a growth of 20.4%[29]. - The company's contract liabilities increased significantly to ¥300,406,568.97 from ¥220,367,799.81, a rise of 36.4%[28]. - The total amount of other current liabilities decreased to ¥63,953,389.10 from ¥80,971,667.40, a decline of 21.1%[28]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥9,985,176.04[10]. - The net cash flow from operating activities was CNY 9,985,176.04, a significant improvement compared to a negative cash flow of CNY -22,622,351.49 in the previous year[38]. - The total cash inflow from investment activities was CNY 636,870,475.65, an increase from CNY 499,093,296.75 in the same period last year[38]. - The net cash flow from financing activities was CNY 4,941,627.16, recovering from a negative cash flow of CNY -37,251,124.33 in the previous year[40]. - The total cash and cash equivalents at the end of the period were CNY 1,136,743,283.98, a decrease from CNY 1,320,672,296.57 at the end of the same period last year[40]. - The cash flow from investment activities showed a net outflow of CNY -285,432,937.03, contrasting with a net inflow of CNY 68,473,352.29 in the previous year[38]. Operational Highlights - The increase in operating revenue was primarily due to increased shipments in Q3 2022 following logistics disruptions in the first half of the year due to the pandemic[13]. - The company's inventory as of September 30, 2022, is ¥938,614,969.89, up from ¥752,002,611.93, indicating a growth of approximately 24.8%[24]. - The company's accounts receivable increased to ¥379,068,654.84 from ¥336,183,901.07, which is an increase of approximately 12.7%[20]. - The company reported a significant increase in trading financial assets, rising to ¥729,662,816.64 from ¥418,308,230.92, marking an increase of about 74.4%[20]. - Research and development expenses for the third quarter were ¥47,217,074.20, up from ¥42,067,473.27, reflecting an increase of 12.9%[30]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 96,767[17]. - The company has a total of 265,793,716 shares held by its largest shareholder, accounting for 27.70% of total shares[17]. - The company has not reported any significant changes in its financing or margin trading activities among its top shareholders[19]. - The company has not provided any specific guidance or outlook for future performance in the current reporting period[20].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥662,441,796.04, a decrease of 11.99% compared to ¥752,647,009.40 in the same period last year[20] - The net profit attributable to shareholders of the listed company was ¥58,309,777.35, down 15.64% from ¥69,120,794.09 in the previous year[20] - The net profit after deducting non-recurring gains and losses was ¥61,624,428.08, an increase of 8.75% compared to ¥56,665,812.68 in the same period last year[20] - The net cash flow from operating activities was ¥4,780,767.11, a significant decrease of 92.16% from ¥60,953,027.62 in the previous year[20] - The basic earnings per share for the first half of 2022 were ¥0.0608, down 15.56% from ¥0.0720 in the same period last year[20] - The weighted average return on net assets was 1.84%, a decrease of 0.4 percentage points compared to 2.24% in the previous year[20] - Operating revenue for the current period was $662.44 million, a decrease of 11.99% compared to $752.65 million in the same period last year[36] - Operating costs decreased by 15.26% to $502.52 million from $593.00 million year-on-year[36] - Net profit for the first half of 2022 was CNY 59,034,672.66, a decline of 15.06% from CNY 69,481,710.63 in the previous year[112] Market Risks - The company faces market risks due to cyclical fluctuations in the shipping and marine engineering industries, which can impact new ship orders and prices[7] - Approximately 50% of the company's products are exported, making it susceptible to exchange rate fluctuations, which the company mitigates through forward foreign exchange contracts[7] - The company faces market risks due to cyclical fluctuations in the shipping and marine engineering industries, impacting new ship orders and prices[53] - Approximately 50% of the company's products are exported, exposing it to significant exchange rate risks[53] Production and Sales - The company undertook orders totaling 78,000 tons, including 60,600 tons of ship anchor chains and 12,400 tons of offshore oil platform mooring chains[33] - Production of ship chains reached 42,633 tons, a slight increase of 0.50% year-on-year, while production of mooring chains surged by 77.39% to 14,470 tons[33] - Total sales volume was 58,713 tons, a decrease of 6.19% compared to the previous year[33] - The company is the largest chain production enterprise globally, benefiting from significant scale advantages that enhance production efficiency and reduce costs[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,231,786,882.94, an increase of 2.29% from ¥4,137,226,347.93 at the end of the previous year[20] - The total liabilities increased from CNY 896,714,364.74 to CNY 970,616,227.09, showing an increase of about 8.2%[101] - The company's cash and cash equivalents decreased from CNY 1,502,294,672.77 to CNY 1,226,224,159.89, a decline of approximately 18.3%[96] - Total liabilities rose to CNY 1,186,415,360.77, compared to CNY 1,138,664,269.05 in the prior year[108] Shareholder Information - The company has committed to a three-year shareholder return plan (2021-2023) to enhance shareholder value[71] - No dividends or capital reserve transfers are planned for the current period[59] - The total number of ordinary shareholders reached 99,739 by the end of the reporting period[84] - The largest shareholder, Tao Anxiang, holds 265,793,716 shares, representing 27.70% of the total shares[84] Corporate Governance - The report indicates no significant litigation or arbitration matters during the reporting period[74] - There were no major related party transactions disclosed during the reporting period[76] - The company and its major stakeholders maintained good integrity without any overdue debts or regulatory penalties[74] - The financial report was approved by the company's board on August 26, 2022[152] Research and Development - Research and development expenses increased by 2.56% to $25.31 million compared to $24.68 million last year[36] - Research and development expenses for the first half of 2022 were CNY 25,309,832.38, an increase from CNY 24,677,745.76 in the same period of 2021[112] Accounting Policies - The financial statements are prepared based on the accrual basis of accounting, in accordance with the relevant accounting standards issued by the Ministry of Finance[154] - The company follows the enterprise accounting standards, ensuring that the financial statements reflect a true and complete view of its financial position and operating results[157] - The company has established a comprehensive consolidation method for its financial statements, ensuring that all significant intercompany transactions are eliminated[164] Social Responsibility - The company donated 410,000 yuan to support elderly and disadvantaged families, contributing to rural revitalization efforts[67]