湖北东贝机电集团股份有限公司 第二届监事会第五次会议决议公告 本公司监事会及全体监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。 湖北东贝机电集团股份有限公司（以下简称"公司"）第二届监事会第五次 会议于 2023 年 8 月 25 日以通讯表决方式召开。本次会议的会议通知于 2023 年 8 月 15 日以书面或电子邮件发出。会议应出席监事 3 名，实际出席监事 3 名。 本次会议的召集和召开程序符合有关法律、行政法规、部门规章、规范性文件及 《湖北东贝机电集团股份有限公司章程》（以下简称"《公司章程》"）的相关规定。 证券代码：601956 证券简称：东贝集团 公告编号：2023-047 二、审议通过《关于公司 2023 年半年度募集资金存放与实际使用情况的专 项报告》 表决结果：3 票同意、0 票反对、0 票弃权； 本议案无须提交公司股东大会审议表决。 具体内容详见公司同日刊登于上海证券交易所指定信息披露网站的《湖北东 贝机电集团股份有限公司关于公司 2023 年半年度募集资金存放与实际使用情况 的专项报告》。 特此公告。 2023 ...

证券代码：601956 证券简称：东贝集团 公告编号： 2023-031 湖北东贝机电集团股份有限公司 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： 会议召开时间：2023 年 05 月 31 日(星期三) 下午 15:00-16:00 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 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 24 日(星期三) 至 05 月 30 日(星期 二)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 jtstock@donper.com 进行提问。公司将在说明会上对 投资者普遍关注的问题进行回答。 湖北东贝机电集团股份有限公司（以下简称"公司"）已于 2023 年 3 月 25 日发布公司 2022 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 05 月 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,292,334,364.93, representing a decrease of 4.44% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 38,398,792.11, an increase of 18.52% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 30,309,580.98, showing a significant increase of 112.31%[4] - Total operating revenue for Q1 2023 was CNY 1,292,334,364.93, a decrease of 4.4% compared to CNY 1,352,326,951.52 in Q1 2022[18] - Net profit for Q1 2023 was CNY 39,730,889.29, an increase of 16.5% from CNY 34,147,077.33 in Q1 2022[19] - Operating profit for Q1 2023 was CNY 41,267,773.89, up 15.5% from CNY 35,944,796.44 in Q1 2022[18] - Basic earnings per share were CNY 0.0628, down 0.93% year-on-year[4] - Basic earnings per share for Q1 2023 was CNY 0.0628, slightly down from CNY 0.0634 in Q1 2022[19] Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 6,374,530,840.90, up 1.45% from the end of the previous year[5] - The equity attributable to shareholders increased by 1.81% to CNY 2,424,949,096.74 compared to the end of the previous year[5] - Total liabilities as of March 31, 2023, are ¥3,408,879,848.69, compared to ¥3,267,628,344.74 at the end of 2022[14] - Total liabilities as of Q1 2023 were CNY 3,894,479,605.26, an increase from CNY 3,647,747,547.76 in Q1 2022[18] Cash Flow - The net cash flow from operating activities was negative at CNY -260,326,098.31, indicating a decrease in cash received from sales[4] - Cash flow from operating activities for Q1 2023 was negative CNY 260,326,098.31, compared to negative CNY 154,752,067.28 in Q1 2022[21] - The net cash flow from investing activities was -40,793,964.87, compared to -48,803,388.47 in the previous period, indicating an improvement[22] - The net cash flow from financing activities was 237,510,059.22, up from 179,750,096.15 in the previous period, showing a significant increase[22] - The total cash and cash equivalents at the end of the period were 450,549,711.28, down from 476,151,733.54 in the previous period[22] - The cash outflow for debt repayment was 99,600,000.00, a decrease from 154,431,263.89 in the previous period, indicating reduced debt servicing[22] - The net increase in cash and cash equivalents was -65,469,860.99, compared to -27,731,641.69 in the previous period, reflecting a decline in liquidity[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 27,337[10] - The largest shareholder, Huangshi Huizhi Investment Partnership, holds 293,190,042 shares, representing 47.11% of total shares, with 53,000,000 shares pledged[10] Current Assets - As of March 31, 2023, total current assets amount to ¥4,324,152,346.78, an increase from ¥4,229,449,498.01 at the end of 2022[13] - Cash and cash equivalents are reported at ¥1,064,714,259.40, up from ¥991,675,097.98 at the end of 2022[13] - Accounts receivable decreased to ¥1,460,237,716.69 from ¥1,499,529,650.39[13] - Inventory increased to ¥730,581,803.52 from ¥683,205,189.64[13] Borrowings - Long-term borrowings increased by 46.82%, mainly due to new loans from banks during the period[7] - Short-term borrowings increased to ¥604,452,453.21 from ¥472,754,274.97[14] Research and Development - Research and development expenses for Q1 2023 were CNY 54,007,703.14, an increase from CNY 50,904,804.62 in Q1 2022[18] Other Information - The company has not reported any significant new product developments or market expansions in the current quarter[12] - There are no significant changes in the company's strategic direction or mergers and acquisitions reported[12] - The company did not apply new accounting standards or interpretations for the current year[22]

Financial Performance - In 2022, the company achieved a net profit attributable to shareholders of 142,036,399.47 RMB, a significant increase of 345.48% compared to 31,884,063.41 RMB in 2021[4]. - The company's operating income for 2022 was 5,345,263,618.25 RMB, reflecting a decrease of 11.79% from 6,059,536,690.30 RMB in 2021[22]. - The net cash flow from operating activities was 76,907,223.18 RMB, down 87.10% from 596,268,134.18 RMB in the previous year[22]. - The total assets at the end of 2022 were 6,283,205,205.11 RMB, a decrease of 5.95% compared to 6,680,998,471.87 RMB at the end of 2021[22]. - The company's net assets attributable to shareholders increased by 41.80% to 2,381,755,290.63 RMB from 1,679,653,107.51 RMB in 2021[22]. - Basic earnings per share for 2022 were 0.2608 RMB, up 317.95% from 0.0624 RMB in 2021[23]. - The weighted average return on equity increased by 5.45 percentage points to 7.34% in 2022 from 1.89% in 2021[23]. - The company reported a net profit excluding non-recurring gains and losses of 93,971,074.29 RMB, a substantial increase of 3,230.04% from 2,821,921.34 RMB in 2021[22]. - The company achieved a main business revenue of ¥578,134,547.80 in 2022, representing a year-on-year growth of 3.71%, and a net profit of ¥23,489,300, up 5.05% year-on-year[31]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in 2022, representing a 20% growth year-over-year[81]. Production and Sales - In 2022, the company produced 31.52 million compressors, a year-on-year decrease of 19.80%, and sold 32.02 million units, down 15.96%[28]. - The main business revenue from compressors was 4,111,454,607.81 RMB, a decline of 14.23%, while net profit reached 98.71 million RMB, showing positive growth[28]. - The company produced 62,312 refrigeration devices, down 19.15%, and sold 63,992 units, a decrease of 11.82%[29]. - Revenue from refrigeration equipment was 323,888,142.93 RMB, down 12.22%, but net profit increased by 85.07% to 2.09 million RMB[29]. - The company produced 21.19 million motors, with a year-on-year increase of 1.88%, and sold 21.21 million units, up 2.20%[30]. - Revenue from the motor business was 114,160,172.84 RMB, a decrease of 7.47%, while net profit rose by 67.25% to 42.36 million RMB[30]. - The company’s production of compressors was 3,152,210 units, with sales of 3,202,720 units, reflecting a year-on-year decrease of 19.80% in production[45]. - The company sold a total of 32.03 million compressors in 2022, maintaining a leading position in the industry[59]. Market Expansion and Strategy - The company is focusing on digital transformation and optimizing product layout to enhance profitability and market competitiveness[28]. - The company has expanded its overseas market efforts, particularly in the B2C cross-border e-commerce sector, achieving a 21% increase in sales revenue[29]. - The company is actively expanding its market presence, particularly in the automotive parts sector, with a focus on precision manufacturing and increasing sales of automotive components[37]. - The company is committed to enhancing brand influence and identifying breakthrough opportunities in external markets[67]. - The company aims to expand its market presence by leveraging new technologies, products, and features to achieve breakthroughs in previously untapped markets[68]. - The company is actively pursuing international trade development strategies to enhance its global market share and attract high-quality clients[68]. Research and Development - The company developed a total of 75 new products in 2022, achieving a completion rate of 100%, including the "VBF ultra-efficient variable frequency compressor" with a COP value of 2.15, leading globally[32]. - The company successfully developed a refrigeration compressor with a cooling temperature of -86℃ and achieved a breakthrough in ultra-low temperature technology at -200℃, filling a gap in the light commercial compressor market[33]. - Research and development expenses totaled 265,547,795.03 RMB, representing 4.97% of total revenue[50]. - The company is focusing on the development of new products such as smart home ice cream machines to meet the demands of younger consumers[66]. - The company is committed to achieving "near-zero carbon" industrial park construction projects to support green and low-carbon development initiatives[69]. Financial Management and Governance - The company maintains a robust corporate governance structure, ensuring compliance with legal regulations and protecting shareholder rights[75]. - The company approved the extension of the validity period for the 2021 non-public issuance of A-shares at the shareholders' meeting held on January 25, 2022[77]. - The company reported a total remuneration of 654.62 million yuan for directors and senior management during the reporting period[80]. - The company has implemented a restricted stock incentive plan for its executives, with significant stock increases for several directors[80]. - The company held three shareholder meetings in 2022, with key decisions including the approval of the 2021 annual report and the addition of new directors[77]. - The company is focused on maintaining independence from its controlling shareholders and has measures in place to ensure operational autonomy[77]. Environmental and Social Responsibility - The company has invested a total of 1.864 million CNY in social responsibility projects, including 600,000 CNY for the 2022 National Table Tennis Championship[126]. - The company has committed 200,000 CNY annually to the Baiji Dolphin Foundation for ecological protection activities[126]. - The company has implemented energy-saving measures, including the installation of solar panels on factory rooftops, which meet 8% of the headquarters' electricity needs[123]. - The company has initiated a wastewater recycling program to reduce water consumption in its operations[123]. - The company has been recognized as a "National Green Factory Demonstration Enterprise" and has received multiple environmental awards[123]. Stock and Shareholder Management - The company plans to repurchase shares within 60 days after the shareholders' meeting resolution, with a maximum of 2% of total shares in a single repurchase and 5% in a single fiscal year[130]. - The stock repurchase plan will be initiated within 10 days after the triggering conditions are met, requiring board approval within 30 days[129]. - The company will hold a shareholder meeting to approve the stock repurchase plan, requiring a two-thirds majority vote from attending shareholders[129]. - The company has outlined a clear sequence of actions for stock price stabilization, starting with stock repurchase[129]. - The company has committed to stabilizing its stock price if the closing price is below the audited net asset value per share for 20 consecutive trading days[129]. Audit and Compliance - The audit opinion confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2022[180]. - The audit highlighted the importance of accounts receivable and the estimation of bad debt provisions as a critical area of focus[185]. - The company has no major litigation or arbitration matters during the reporting period[147]. - The company has no plans or measures in place regarding delisting risks[146]. - The company has no major related party transactions that deviate significantly from market prices[148].

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,389,360,048.36, representing a year-on-year increase of 2.81%[5] - The net profit attributable to shareholders for the same period was ¥24,444,101.06, showing a significant increase of 14,168.50% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥16,399,969.97, with a year-to-date increase of 9,357.76%[5] - Basic earnings per share for Q3 2022 were ¥0.0449, reflecting a year-on-year increase of 14,866.67%[6] - The weighted average return on equity for the period was 1.22%, an increase of 1.19 percentage points compared to the previous year[6] - Total revenue for the first three quarters of 2022 was CNY 4,199,119,580.03, a decrease of 7.6% compared to CNY 4,541,811,466.42 in the same period of 2021[23] - Net profit for the first three quarters of 2022 was CNY 95,871,367.03, compared to CNY 16,322,370.17 in 2021, indicating a significant increase[24] - The company's operating profit for the first three quarters of 2022 was CNY 109,779,919.91, up from CNY 21,959,038.19 in the previous year[24] - The total comprehensive income for the third quarter of 2022 was CNY 93,128,387.30, compared to CNY 16,424,065.89 in the same period last year[25] - Basic and diluted earnings per share for the third quarter were CNY 0.1789, an increase from CNY 0.0449 year-over-year[25] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥6,462,635,257.52, a decrease of 3.27% from the previous year[6] - The total assets as of the end of the third quarter of 2022 amounted to CNY 6,462,635,257.52, compared to CNY 6,680,998,471.87 at the end of 2021[19] - Total liabilities decreased to CNY 3,888,569,286.46 from CNY 4,757,463,903.20 in the previous year, representing a reduction of 18.3%[19] - The company's equity increased to CNY 2,574,065,971.06 from CNY 1,923,534,568.67, reflecting a growth of 34%[19] - The equity attributable to shareholders increased to ¥2,327,541,960.21, marking a growth of 38.57% year-on-year[6] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥90,237,378.82, a decline of 87.91% compared to the previous year[6] - Cash flow from operating activities for the first three quarters of 2022 was CNY 90,237,378.82, a significant decrease from CNY 746,169,548.59 in the previous year[27] - Total cash inflow from operating activities was CNY 5,312,255,279.15, slightly up from CNY 5,272,074,013.66 year-over-year[27] - Cash outflow for purchasing goods and services was CNY 4,575,421,119.56, compared to CNY 3,720,416,513.97 in the same period last year[27] - Net cash flow from investing activities was -CNY 156,109,119.14, an improvement from -CNY 179,294,880.29 year-over-year[28] - Cash flow from financing activities generated a net cash inflow of CNY 277,405,250.16, compared to a net outflow of -CNY 305,353,801.54 in the previous year[28] - The ending balance of cash and cash equivalents was CNY 731,800,773.16, down from CNY 824,703,338.12 at the end of the previous year[28] - The company received CNY 612,060,564.72 from investment activities, indicating ongoing capital inflow[28] Shareholder Information - Total number of common shareholders at the end of the reporting period was 26,232[11] - The largest shareholder, Huangshi Huizhi Investment Partnership, holds 293,190,042 shares, accounting for 47.11% of total shares[11] Operational Insights - The company attributed the increase in net profit to improved product profitability and enhanced cost control measures[10] - The company plans to continue focusing on market expansion and new product development to drive future growth[24] - The company has not disclosed any significant new product or technology developments in the recent reports[14] Stock and Capital Management - The company approved a stock incentive plan on April 19, 2022, which was later approved by the annual general meeting on May 20, 2022[14] - The company completed the registration of its non-public offering of A-shares on August 19, 2022[15] - The company plans to use part of the raised funds to increase capital in subsidiaries for project implementation[15] Inventory and Receivables - Accounts receivable decreased to ¥1,508,805,814.13 from ¥1,539,261,394.13 year-over-year[17] - Inventory decreased to ¥673,767,072.90 from ¥851,644,797.66 year-over-year[17] - Total current assets as of September 30, 2022, were ¥4,433,814,626.03, down from ¥4,757,151,474.96 at the end of 2021[17] Non-Recurring Items - Non-recurring gains and losses for the period totaled ¥8,044,131.09, down from ¥34,014,381.77 in the previous year[9] - Research and development expenses for the first three quarters of 2022 were CNY 163,571,934.81, a decrease of 26.7% from CNY 223,006,803.34 in 2021[23] Currency and Translation - The company reported a foreign currency translation difference of -CNY 2,742,979.73, reflecting currency fluctuations[25]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 2,809,759,531.67, a decrease of 11.93% compared to the same period last year[19]. - Net profit attributable to shareholders was CNY 69,036,945.83, an increase of 202.65% year-on-year, primarily due to improved cost control and increased government subsidies[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 43,066,695.15, reflecting a significant increase of 491.89% compared to the previous year[21]. - The net cash flow from operating activities was CNY 76,818,416.20, down 87.13% year-on-year, mainly due to increased cash payments for goods purchased[21]. - Basic earnings per share for the first half of 2022 were CNY 0.1350, up 202.69% from CNY 0.0446 in the same period last year[20]. - The company's operating revenue for the current period is ¥2,809,759,531.67, a decrease of 11.93% compared to ¥3,190,460,170.54 in the same period last year[39]. - Operating costs decreased by 12.40% to ¥2,479,926,145.82 from ¥2,831,084,737.76 year-on-year[39]. - The company reported a net profit increase, with retained earnings rising from CNY 584,542,528.73 to CNY 628,013,474.56, an increase of approximately 7.43%[105]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,565,154,257.55, a decrease of 1.73% from the end of the previous year[19]. - The net assets attributable to shareholders at the end of the reporting period were CNY 1,723,041,877.62, an increase of 2.58% compared to the end of the previous year[19]. - Total liabilities decreased from CNY 4,757,463,903.20 to CNY 4,597,002,471.27, a reduction of about 3.37%[105]. - Total equity increased from CNY 1,923,534,568.67 to CNY 1,968,151,786.28, an increase of about 2.32%[105]. - The total equity attributable to shareholders of the parent company was ¥1,679,653,107.51 at the beginning of the year, with a decrease of ¥43,470,945.83 during the first half of 2022[123]. Sales and Production - The company faced a decrease in compressor product sales, which contributed to the decline in operating revenue[20]. - The company produced 15.70 million compressors in the first half of 2022, a year-on-year decrease of 23.54%, and sold 16.23 million compressors, down 24.00% year-on-year[33]. - The company produced 33,845 refrigeration appliances, a decrease of 31.5% year-on-year, and sold 33,677 units, down 20.49% year-on-year, with revenue of 159.98 million yuan, a drop of 24.78%[34]. - The motor business saw production of 10.03 million units, an increase of 10% year-on-year, and sales of 9.78 million units, up 6.23% year-on-year, with revenue of 68.63 million yuan, a growth of 21.71%[35]. Research and Development - The company has over 500 patents in the compressor industry and has received multiple honors, including the National Technology Innovation Demonstration Enterprise award, highlighting its strong R&D capabilities[30]. - Research and development expenses decreased by 19.19% to ¥109,418,425.52 from ¥135,399,349.30 year-on-year[39]. - The company is committed to innovation, with a focus on developing variable frequency compressors that are energy-efficient and reliable, receiving positive feedback from users[30]. Market and Competition - The company is facing challenges such as a slight decline in compressor demand and increased competition, prompting a focus on smart manufacturing and cost control strategies[28]. - Market competition is intense, with the company planning to enhance competitiveness through cost control and improved production processes[51]. Corporate Governance and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[5]. - The company guarantees that it will not occupy the funds, assets, or other resources of Dongbei Group, ensuring compliance with legal and regulatory standards[71]. - The company has committed to maintaining the independence of its operations, ensuring that it has the necessary assets, personnel, and qualifications to operate independently in the market[71]. Environmental and Social Responsibility - The company aims to peak carbon emissions before 2030 and achieve carbon neutrality by 2060, with a focus on expanding the use of clean energy[61]. - The company invested 102,400 yuan to repair 88 solar streetlights in a village, enhancing nighttime visibility for residents[62]. - The company spent 173,900 yuan on employment assistance initiatives in Tibet, promoting economic and cultural exchanges[62]. Stock and Shareholder Information - The company plans to distribute profits through a stock dividend of 0.00 yuan per 10 shares and does not intend to increase capital from reserves[57]. - The company has completed the grant registration for the 2022 restricted stock incentive plan in June 2022[58]. - The company granted 11,045,100 restricted shares to 288 incentive objects, increasing total shares from 511,320,000 to 522,365,100[85]. Risk Management - The company faces risks from raw material price fluctuations, which could directly impact production costs and operating performance[51]. - The company is implementing strategies to mitigate risks associated with interest rate fluctuations that may increase financial expenses and reduce profitability[51]. Financial Independence - The company reported a commitment to maintain financial independence, ensuring that its financial accounting department operates independently and has a complete financial management system[71]. - The company has pledged to maintain a complete and independent organizational structure, ensuring that its governance operates in accordance with legal and regulatory requirements[71].

证券代码：601956 证券简称：东贝集团 湖北东贝机电集团股份有限公司 投资者关系活动记录表 | --- | --- | --- | |---------------------|-------------------------------|-----------------------------------------------------------------------------------| | 投资者关系 活动类别 | ☑ \n□新闻发布会 \n☑ \n□其他 | 特定对象调研 □分析师会议 \n□媒体采访 □业绩说明会 \n□路演活动 \n现场参观 □电话会议 | | | 海尔资本 卫岭 | | | | 长江养老保险 | 龚文芹、夏洋 | | | 华泽资产 史文锋、尹国勤 | | | | 美阳投资 | 胡智敏、李思隆 | | | 久银控股 金艳东 | | | 参与单位名称 | 合作投资 | 王神海、叶丹 | | | 咏泽基金 倪勇、黄尚文 | | | | 瑞恒信投资 陈勇 | | | | 武汉汉略达 闵毅 | | | | 腾翼投资 张万豪 | | | | 高净值个人 曹子建 | | | ...

Financial Performance - In 2021, the company achieved a total revenue of ¥6,059,536,690.30, representing a 16.28% increase compared to ¥5,211,242,709.81 in 2020[21] - The net profit attributable to shareholders was ¥31,884,063.41, a significant decrease of 70.99% from ¥109,921,427.98 in the previous year[21] - The company reported a net cash flow from operating activities of ¥596,268,134.18, which is a substantial increase of 718.35% compared to ¥72,862,326.28 in 2020[21] - The total assets of the company at the end of 2021 were ¥6,680,998,471.87, reflecting a 2.80% increase from ¥6,499,172,209.83 in 2020[21] - The basic earnings per share decreased to ¥0.0624, down 82.97% from ¥0.3664 in 2020[22] - The weighted average return on equity dropped to 1.89%, a decrease of 9.91 percentage points from 11.80% in the previous year[22] - The net profit after deducting non-recurring gains and losses was ¥2,821,921.34, a decline of 96.30% from ¥76,251,880.44 in 2020[21] - The main business revenue reached ¥5,898,953,586.78, a 15.71% increase, while the main business cost grew by 24.61% to ¥5,278,758,841.02[49] - The gross margin for the manufacturing sector decreased by 6.42 percentage points to 10.12%[50] Production and Sales - In 2021, the company produced 39.31 million compressors, a year-on-year increase of 10.40%, and sold 38.11 million compressors, up 3.15% year-on-year[29] - The main business revenue for compressors in 2021 reached RMB 4,793,324,119.10, representing a year-on-year growth of 10.87%[29] - The company produced 77,073 refrigeration devices in 2021, a 66.35% increase year-on-year, and sold 72,569 refrigeration devices, up 29.34% year-on-year[32] - The main business revenue for refrigeration devices in 2021 was RMB 368,985,897.81, reflecting a year-on-year increase of 21.93%[32] - The company produced 20.80 million motors in 2021, a year-on-year increase of 20.95%, and sold 20.75 million motors, up 17.93% year-on-year[32] - The main business revenue for motors in 2021 reached RMB 123,382,767.01, a significant year-on-year growth of 120.88%[32] Research and Development - The company launched 459 new products and improved 349 existing products, applying for 141 patents, including 28 invention patents[36] - Research and development expenses totaled CNY 276,387,233.71, representing 4.56% of operating revenue, with a decrease of 4.44% compared to the previous year[58] - The company has established a comprehensive employee training system, focusing on both pre-job and on-the-job training to enhance skills and knowledge[108] - The company is committed to increasing research and development efforts in key components, including the localization of chips and the development of high-end motor products[79] Market Strategy and Expansion - The company is focusing on expanding its market presence and enhancing brand competitiveness through product innovation and quality management[43][44] - The company aims to produce and sell 40.3 million compressors and 23.2 million motors in 2022, along with 145,000 tons of castings[76] - The company plans to enhance its marketing strategy by integrating digital technologies, including the establishment of cross-border e-commerce B2C stores to expand product lines and improve operational models[80] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2023[87] Corporate Governance and Compliance - The company has implemented a governance structure that ensures independence from its controlling shareholder, maintaining operational autonomy and protecting shareholder interests[85] - The company has established a rigorous information disclosure process to ensure transparency and compliance with regulatory requirements[86] - The company has established a sound corporate governance structure and a comprehensive internal control system, ensuring fair treatment of all investors and adherence to disclosure obligations[123] - The company has implemented a complete internal control system for all subsidiaries, ensuring that all assets, operations, and strategic planning are under company control[116] Social Responsibility and Sustainability - The company has been recognized as a "National Green Factory Demonstration Enterprise" and has sold 38.1096 million compressors in 2021, saving 6.538 billion kWh of electricity, equivalent to a reduction of 6.518 million tons of CO2 emissions annually[121] - The company actively participates in social responsibility initiatives, including charitable donations and community engagement, while focusing on employee welfare programs[124] - The company has a commitment to sustainable development, integrating ecological values into product development and enhancing environmental protection efforts[120] Risks and Challenges - The company has identified various risks in its annual report, which investors are advised to consider[8] - The company faced challenges due to rising raw material prices, leading to a focus on cost control and operational efficiency improvements[35] - The company faces risks from the ongoing COVID-19 pandemic, which may lead to reduced demand for its products if macroeconomic conditions fluctuate significantly[81] - Labor cost risks are anticipated due to changes in the population structure, which may impact future costs and profitability if service efficiency is not improved[81]

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,352,326,951.52, representing a decrease of 2.39% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 32,399,807.79, an increase of 46.84% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 14,276,298.17, down by 1.79% compared to the previous year[4] - The basic earnings per share were CNY 0.0634, reflecting an increase of 47.44% compared to the same period last year[4] - Total operating revenue for Q1 2022 was ¥1,352,326,951.52, a decrease of 2.3% compared to ¥1,385,438,055.07 in Q1 2021[16] - Net profit for Q1 2022 increased to ¥34,147,077.33, representing a growth of 49.8% from ¥22,815,536.42 in Q1 2021[17] - Basic earnings per share for Q1 2022 were ¥0.0634, up from ¥0.0432 in Q1 2021, reflecting a 47.7% increase[17] Cash Flow and Operating Activities - The net cash flow from operating activities was negative at CNY -154,752,067.28, a decline of 127.44% year-on-year[4] - Cash flow from operating activities for Q1 2022 was negative at -¥154,752,067.28, compared to a positive cash flow of ¥563,971,593.36 in Q1 2021[18] - The company reported a net cash inflow from financing activities of ¥179,750,096.15 in Q1 2022, compared to a net outflow of -¥323,031,369.99 in Q1 2021[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,577,016,642.30, a decrease of 1.56% from the end of the previous year[4] - The company's current assets totaled CNY 4,606,937,813.48, down from CNY 4,757,151,474.96, indicating a decrease of about 3.15%[12] - The total liabilities of the company were CNY 4,619,245,374.10, down from CNY 4,757,463,903.20, reflecting a decrease of approximately 2.91%[14] - The company's equity attributable to shareholders increased to CNY 1,712,142,537.50, up by 1.93% from the end of the previous year[4] - The company's equity attributable to shareholders increased to CNY 1,712,142,537.50 from CNY 1,679,653,107.51, marking an increase of about 1.93%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,459[9] Other Income and Expenses - Other income increased by 201.84%, mainly due to an increase in government subsidies received during the period[7] - Other income for Q1 2022 was ¥23,285,524.01, significantly higher than ¥7,714,514.80 in Q1 2021, marking a 202.5% increase[16] - Research and development expenses for Q1 2022 were ¥50,904,804.62, a decrease of 32.9% from ¥75,916,628.17 in Q1 2021[16] Inventory and Receivables - The inventory level increased to CNY 901,198,575.51 from CNY 851,644,797.66, reflecting an increase of about 5.83%[12] - Accounts receivable decreased to CNY 1,472,956,826.36 from CNY 1,539,261,394.13, showing a reduction of about 4.32%[12] - The company reported a decrease in accounts payable from CNY 995,717,011.12 to CNY 890,702,711.33, a reduction of approximately 10.57%[13] Construction and Development - The company reported a significant increase of 91.87% in construction in progress, primarily due to ongoing investments in a 250,000-ton precision materials manufacturing project[7]

Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,351,351,295.88, a decrease of 8.66% compared to the same period last year[5]. - The net profit attributable to shareholders decreased by 99.63% to CNY 171,315.16, while the net profit after deducting non-recurring gains and losses dropped by 117.80% to CNY -6,647,351.93[5][10]. - Basic and diluted earnings per share fell by 99.78% to CNY 0.0003, reflecting a substantial decline in net profit[6][10]. - Total operating revenue for the first three quarters of 2021 reached ¥4,541,811,466.42, a 26.1% increase from ¥3,601,263,469.37 in the same period of 2020[22]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥22,982,323.01, compared to ¥78,171,052.82 in the same period of 2020, reflecting a decrease of 70.7%[23]. - The company reported a total profit of ¥21,371,470.04 for the first three quarters of 2021, down from ¥155,624,323.29 in the same period of 2020[23]. Cash Flow - Cash flow from operating activities increased significantly by 1,995.28% to CNY 746,169,548.59 year-to-date[5][10]. - Cash flow from operating activities for the first three quarters of 2021 was ¥5,122,100,580.03, compared to ¥3,356,412,068.99 in the same period of 2020, indicating a growth of 52.5%[27]. - The net cash flow from operating activities for Q3 2021 was ¥746,169,548.59, a significant increase from ¥35,612,006.36 in Q3 2020, representing a growth of approximately 1995%[28]. - Total cash inflow from operating activities amounted to ¥5,272,074,013.66, compared to ¥3,465,848,681.91 in the previous year, indicating a year-over-year increase of about 52%[28]. - Cash outflow from operating activities was ¥4,525,904,465.07, up from ¥3,430,236,675.55, reflecting a rise of approximately 32%[28]. - The company received ¥126,506,826.09 in tax refunds, up from ¥79,113,269.39 in the previous year, marking a growth of approximately 60%[28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,095,393,508.34, representing a 9.17% increase from the end of the previous year[6]. - The company's current assets amounted to RMB 5,233,401,546.76, up from RMB 4,665,359,407.81, indicating a year-over-year increase of about 12.2%[19]. - The company's total liabilities were RMB 5,184,800,576.62, which is an increase from RMB 4,552,459,008.46, marking a rise of around 13.9%[20]. - The total equity attributable to shareholders decreased by 1.65% to CNY 1,670,376,750.77 compared to the previous year[6]. - The total assets and shareholders' equity as of the end of the third quarter of 2021 were ¥7,095,393,508.34 and ¥1,910,592,931.72, respectively[21]. Costs and Expenses - Total operating costs for the first three quarters of 2021 were ¥4,524,487,766.45, up 30.9% from ¥3,452,982,201.08 in the previous year[22]. - Research and development expenses for the first three quarters of 2021 amounted to ¥223,006,803.34, an increase of 31.2% from ¥169,777,502.42 in 2020[22]. - The company attributed the decline in net profit to a significant increase in raw material prices, which raised costs and reduced gross margins[10]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,416, with the top ten shareholders holding 57.34% of the shares[12]. - The company's retained earnings were reported at RMB 580,426,485.80, down from RMB 608,576,162.79, reflecting a decrease of about 4.5%[20]. Financing Activities - The company received approval from the China Securities Regulatory Commission for a non-public issuance of A-shares on August 23, 2021[17]. - Cash inflow from financing activities totaled ¥1,155,926,289.33, compared to ¥1,460,914,532.22 in Q3 2020, showing a decrease of about 21%[29]. - The net cash flow from financing activities was -¥305,353,801.54, contrasting with a positive net flow of ¥271,055,119.09 in the previous year[29]. - The company paid ¥1,302,042,106.03 in debt repayments, which is an increase from ¥1,100,317,666.83 in the same quarter last year, reflecting a rise of approximately 18%[29].