证券代码：601965 证券简称：中国汽研 公告编号：临 2023-029 中国汽车工程研究院股份有限公司 关于接待投资者调研情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 为构建和谐高效的投资者沟通交流平台，增进投资者对中国汽车工程研究院 股份有限公司（以下简称"公司"或"中国汽研"）2022 年年度及 2023 年第一 季度生产经营、战略执行等情况的了解，公司于 2023 年 5 月 11 日在重庆举办了 投资者沟通交流会。现将有关情况公告如下： 一、调研情况 调研时间：2023 年 5 月 11 日 调研方式：现场交流 调研机构名称（排名不分先后）： 安信基金管理有限责任公司、中泰证券股份有限公司、上海弘尚资产管理中 心(有限合伙)、杭银理财有限责任公司、大成基金管理有限公司、鹏华基金管理 有限公司、泰康资产管理有限责任公司、中国人寿资产管理有限公司、银河金汇 证券资产管理有限公司、华安基金管理有限公司、前海开源基金管理有限公司、 东吴证券股份有限公司、众安在线财产保险股份有限公司、中信建投证券股份有 限公司 ...

Financial Performance - The company reported a revenue of RMB 707,045,125.22 for Q1 2023, representing a year-on-year increase of 26%[4] - Net profit attributable to shareholders was RMB 142,261,110.39, reflecting a growth of 9.52% compared to the same period last year[4] - The basic earnings per share for the period was RMB 0.15, up by 15.38% year-on-year[4] - The total operating revenue for Q1 2023 was ¥707,045,125.22, an increase of 25.98% compared to ¥561,142,114.93 in Q1 2022[15] - The net profit for Q1 2023 was CNY 157,274,733.48, an increase of 18.4% compared to CNY 132,877,002.92 in Q1 2022[16] - The total profit for Q1 2023 was CNY 181,909,678.80, compared to CNY 159,291,319.73 in Q1 2022, marking an increase of 14.2%[16] - The company's equity attributable to shareholders increased to ¥6,101,443,062.06 from ¥5,945,523,419.67, reflecting a growth of 2.63%[13] Cash Flow and Liquidity - The cash flow from operating activities was negative at RMB -97,775,676.98, indicating a significant change from the previous year[4] - The net cash flow from operating activities was negative CNY 97,775,676.98, an improvement from negative CNY 172,949,448.82 in Q1 2022[19] - The cash and cash equivalents decreased to ¥1,664,214,048.14 from ¥1,798,751,982.78, a decline of 7.47%[11] - The cash and cash equivalents at the end of Q1 2023 stood at CNY 1,570,159,840.79, down from CNY 1,093,223,458.91 at the end of Q1 2022[20] - The cash outflow from investing activities was CNY 111,030,745.56, compared to CNY 117,974,837.76 in Q1 2022, indicating a decrease of 5.9%[19] - The cash inflow from financing activities was CNY 4,295,600.00, while cash outflow was CNY 17,151,274.87, resulting in a net cash flow from financing activities of negative CNY 12,855,674.87[20] Assets and Liabilities - The total assets at the end of the reporting period were RMB 8,017,133,144.14, a slight decrease of 0.29% from the end of the previous year[5] - The total assets as of March 31, 2023, were ¥8,017,133,144.14, slightly down from ¥8,040,610,162.58 at the end of 2022[14] - The total liabilities decreased to ¥1,653,832,617.33 from ¥1,839,430,018.68, a reduction of 10.09%[13] - The company reported a decrease in contract liabilities to ¥232,478,950.97 from ¥340,935,725.55, a decline of 31.8%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,071[7] - The weighted average return on equity was 2.43%, an increase of 0.03 percentage points compared to the previous year[4] Revenue Breakdown - The company’s automotive technology service business generated RMB 590 million in revenue, a 17.20% increase year-on-year, while the equipment manufacturing business saw a remarkable growth of 102.96% to RMB 117 million[5] Research and Development - Research and development expenses rose to ¥46,856,657.81, an increase of 49.5% from ¥31,342,725.71 in Q1 2022[15] Government Support - The company received government subsidies amounting to RMB 9,494,358.86 during the reporting period[6]

Financial Performance - In 2022, the net profit of China Automotive Engineering Research Institute Co., Ltd. reached CNY 389,298,525.12, while the consolidated net profit attributable to shareholders was CNY 689,143,235.47[5] - The company achieved operating revenue of CNY 3,290,598,584.36 in 2022, a decrease of 14.20% compared to 2021[19] - Net profit attributable to shareholders was CNY 689,143,235.47, reflecting a slight decrease of 0.36% year-on-year[19] - The net profit after deducting non-recurring gains and losses increased by 14.27% to CNY 651,178,563.96[19] - The total revenue for the year was 3.291 billion RMB, a decrease of 14.20% compared to the previous year, influenced by a significant drop in demand for engineering vehicles[41] - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan in Q1 2023, representing a 25% year-over-year growth[112] - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan, representing a year-over-year growth of 20%[113] Profit Distribution - The company proposed a cash dividend of CNY 3.00 per 10 shares (including tax) for the 2022 fiscal year, with a total distributable profit of CNY 1,908,568,414.61 as of December 31, 2022[5] - The total distributable profit for the parent company in 2022 was CNY 350,368,672.61 after accounting for the legal surplus reserve[5] - The company is committed to balancing sustainable development and reasonable returns for shareholders in its profit distribution proposal[5] - The company distributed a cash dividend of 3.00 RMB per 10 shares, totaling 296,686,676.10 RMB, which represents 42.89% of the net profit attributable to ordinary shareholders in the consolidated financial statements[138] Risk Management - The company emphasizes the importance of investment risk awareness in its forward-looking statements regarding future plans and development strategies[6] - The company has not reported any significant risk warnings for the year 2022[7] - The company faces risks related to industry competition and policy changes, particularly in the context of the automotive sector's transition to electric and intelligent vehicles[96] - There are significant technology risks due to the rapid evolution of automotive technologies, necessitating a focus on core advantages and talent development[97] - The company is committed to strengthening its internal control systems to mitigate operational risks associated with new standards and technologies[99] Audit and Compliance - The financial report has been audited by Tianzhi International Accounting Firm, which issued a standard unqualified audit opinion[4] - The company has not faced any penalties from securities regulatory authorities in the past three years, indicating a clean compliance record[119] - The company has not reported any non-operational fund occupation by controlling shareholders or related parties[172] - The company has maintained a good integrity status with no reported violations or penalties[173] Research and Development - The company invested 226 million RMB in research and development, accounting for 6.88% of total revenue, focusing on safety, green technology, and user experience[39] - The company is focusing on integrating internal and external resources to enhance its inspection and certification service capabilities[29] - The company is actively involved in the development of intelligent transportation and smart connected vehicles, aligning with national policies to boost the automotive sector[34] - The company aims to enhance its core technology innovation capabilities, focusing on electrification, intelligence, and digitalization[85] - The focus is on technological innovation, with an emphasis on "product supremacy" and increased R&D investment in key areas such as intelligent driving and high-end equipment[92] Market and Business Strategy - The company plans to optimize its strategic layout and enhance its core business areas, including testing engineering and energy power[30] - The company is expanding its market presence, targeting a 30% increase in sales in the Southeast Asian market by the end of 2023[112] - The company is exploring potential mergers and acquisitions to strengthen its market position, with a focus on companies that complement its existing product lines[112] - Strategic partnerships are being formed to enhance distribution channels, aiming for a 15% increase in market penetration by Q4 2023[112] Environmental and Social Responsibility - The company has implemented carbon reduction measures, including the construction of a rooftop distributed photovoltaic power generation project[158] - The company is actively promoting green development and has implemented a dual-carbon strategy to reduce emissions[158] - The company invested a total of 5.597 million yuan in poverty alleviation and rural revitalization projects, including 3.3595 million yuan in cash assistance and 2.2375 million yuan in material donations[161] - The company has completed the construction of a reading room project for underprivileged children, benefiting 23 families and donating over 1,000 books[162] Governance and Management - The company has appointed new directors and supervisors, with terms extending until April 2026 for several positions[108] - The company emphasizes the integration of performance-based pay in its remuneration strategy for senior management[118] - The company has established a committee for automotive big data standards, indicating a focus on technological innovation and compliance[115] - The company is revising its internal control and risk management regulations, which reflects a commitment to governance and compliance[123] Shareholder Engagement - The company is planning to implement a three-year shareholder return plan from 2022 to 2024, highlighting a commitment to enhancing shareholder value[122] - The company has initiated a stock repurchase plan for unvested restricted shares, reflecting a strategy to manage equity and enhance shareholder returns[120] - The company provided sufficient opportunities for minority shareholders to express their opinions and protect their legal rights[137]

会议召开时间：2023 年 4 月 24 日(星期一)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 证券代码：601965 证券简称：中国汽研 公告编号：临 2023-013 中国汽车工程研究院股份有限公司 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法律责任。 重要内容提示： 三、参加人员 公司董事长、总经理、独立董事、董事会秘书、总会计师及其他 管理人员（如有特殊情况，参会人员将可能进行调整）。 四、投资者参加方式 投资者可于 2023 年 4 月 17 日(星期一)至 2023 年 4 月 21 日(星 期五)16:00 点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 ir@caeri.com.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。 中国汽车工程研究院股份有限公司（以下简称"公司"）将于 2023 年 4 月 22 日 ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥1.34 billion, a decrease of 25.58% compared to ¥1.80 billion in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥299.21 million, an increase of 14.10% from ¥262.22 million in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥287.66 million, reflecting a growth of 19.25% compared to ¥241.22 million in the same period last year[20]. - The total profit reached CNY 375 million, representing a year-on-year increase of 12.04%[36]. - The company achieved operating revenue of 1.34 billion RMB, a year-on-year decrease of 25.58%[21]. - The automotive technology service business generated revenue of 1.139 billion RMB, a year-on-year increase of 30.16%[21]. - Basic earnings per share were 0.31 RMB, up 14.81% compared to the same period last year[21]. - The weighted average return on equity increased to 5.44%, up 0.20 percentage points year-on-year[21]. - The company reported a net loss of 998,000 RMB for the first half of 2022[118]. - The total profit for the first half of 2022 was CNY 375,283,077.58, which is a 12.0% increase compared to CNY 334,940,092.82 in the first half of 2021[138]. Cash Flow and Assets - The net cash flow from operating activities for the first half of 2022 was approximately ¥7.78 million, a significant improvement from a negative cash flow of ¥33.92 million in the previous year[20]. - The total assets at the end of the reporting period were approximately ¥7.30 billion, an increase of 1.65% from ¥7.18 billion at the end of the previous year[20]. - The company reported a significant increase in accounts receivable, totaling CNY 1.02 billion, up 60.58% year-on-year, attributed to increased revenue and uncollected payments[48]. - The total current assets as of June 30, 2022, amounted to CNY 2,948,546,502.50, an increase from CNY 2,902,870,795.14 at the beginning of the period, reflecting a growth of approximately 1.57%[129]. - The cash and cash equivalents decreased to CNY 1,263,739,266.85 from CNY 1,420,247,051.89, representing a decline of about 11.03%[129]. - Total non-current assets reached CNY 4,354,072,403.03, up from CNY 4,281,284,306.75, which is an increase of about 1.70%[130]. Business Operations and Strategy - The company implemented cost control measures, enhancing efficiency through advanced management tools[22]. - The automotive industry faced challenges due to chip shortages and rising raw material prices, impacting overall market performance[28]. - The government introduced various policies to stimulate consumption and stabilize growth, positively affecting the automotive sector[29]. - The company is positioned as a leading provider of automotive technology services in China, with several national-level research and testing centers[31]. - The company is actively expanding its market presence in the hydrogen energy sector, successfully signing contracts for hydrogen storage systems[39]. - The company plans to enhance its technical innovation and diversify its service offerings to improve market competitiveness[59]. - The company is focusing on the development of new standards, technologies, and products to adapt to the evolving automotive landscape[61]. Research and Development - Research and development expenses amounted to CNY 75 million, accounting for 5.84% of operating revenue, with a slight increase of 1.44% year-on-year[40]. - The company received CNY 25.43 million in research funding for major national and provincial projects during the reporting period[35]. - The company obtained 55 patent authorizations and published 8 core journal papers in the reporting period[35]. - The company is focusing on enhancing its research and development capabilities to innovate new technologies and products[152]. Governance and Compliance - The report has not been audited, and the management team has confirmed the accuracy and completeness of the financial statements[5]. - The company emphasizes that forward-looking statements in the report do not constitute a commitment to investors, highlighting the importance of investment risk awareness[7]. - The company has committed to strict compliance with environmental protection laws and regulations, ensuring that all pollutants are discharged within permitted limits[80]. - The company has undergone significant management changes, including the election of Wan Xinming as the new chairman on May 10, 2022, following the retirement of the previous chairman Li Kaiguo[68]. Environmental Responsibility - The company has established an environmental self-monitoring plan, with real-time data uploaded to the local ecological environment bureau[79]. - The company has not faced any administrative penalties for environmental issues during the reporting period[80]. - The company has implemented measures to improve energy and resource utilization, aligning with the "dual carbon" strategy for sustainable development[82]. Shareholder Information - The company did not distribute any profits or increase capital reserves in the first half of 2022, with a proposed distribution of 0 shares and 0 yuan per 10 shares[69]. - The total number of common shareholders as of the end of the reporting period is 18,906[114]. - The company has implemented a restricted stock incentive plan for its executives and key personnel[113]. - The company allocated 296,909.8 million to shareholders during the profit distribution, indicating a strong commitment to returning value to investors[175]. Legal and Regulatory Matters - There were no significant lawsuits or arbitration matters during the reporting period[88]. - The company has no significant doubts regarding its ability to continue as a going concern for the next 12 months[189].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 561.14 million, a decrease of 33.18% year-on-year[4] - Net profit attributable to shareholders was CNY 129.89 million, an increase of 9.94% compared to the same period last year[4] - Total operating revenue for Q1 2022 was ¥561,142,114.93, a decrease of 33.1% compared to ¥839,741,805.24 in Q1 2021[14] - Net profit for Q1 2022 reached ¥132,877,002.92, an increase of 16.2% from ¥114,396,588.96 in Q1 2021[17] - Earnings per share for Q1 2022 was ¥0.13, compared to ¥0.12 in Q1 2021[17] Cash Flow - The cash flow from operating activities was negative at CNY -172.95 million, indicating a significant cash outflow[4] - Cash inflow from operating activities for Q1 2022 was approximately $369.31 million, a decrease of 14.8% compared to $433.58 million in Q1 2021[18] - Cash outflow from operating activities for Q1 2022 was approximately $542.26 million, down from $644.30 million in Q1 2021, reflecting a reduction of 15.8%[18] - Net cash flow from operating activities for Q1 2022 was approximately -$172.95 million, an improvement from -$210.72 million in Q1 2021[18] - The company reported a significant increase in cash received from other operating activities, totaling approximately $48.50 million in Q1 2022, compared to $22.54 million in Q1 2021, marking a growth of 115.5%[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 7.12 billion, a decrease of 0.91% from the end of the previous year[5] - Total current assets as of March 31, 2022, amount to RMB 2,811,003,016.24, a decrease from RMB 2,902,870,795.14 as of December 31, 2021[11] - Total liabilities as of March 31, 2022, amount to RMB 1,009,429,428.53, down from RMB 1,183,473,270.76 as of December 31, 2021[12] - Total liabilities as of Q1 2022 amounted to ¥1,267,239,380.50, down from ¥1,460,935,460.74 in the previous year[13] - Total equity attributable to shareholders reached ¥5,611,713,856.37, an increase of 2.4% from ¥5,478,219,473.77 in Q1 2021[13] Revenue Breakdown - The revenue from automotive technology services was CNY 504 million, showing a year-on-year increase of 27.13%[5] - The revenue from equipment manufacturing dropped to CNY 58 million, a decline of 87.02% due to reduced demand in the engineering vehicle sector[5] Shareholder Information - Total number of common shareholders at the end of the reporting period is 19,406[8] - The largest shareholder, China General Technology (Group) Holding Co., Ltd., holds 512,160,872 shares, accounting for 51.77% of total shares[9] Research and Development - Research and development expenses for Q1 2022 were ¥31,342,725.71, slightly down from ¥32,928,233.41 in Q1 2021[16] - The company has no significant new product launches or technological developments mentioned in the report[10] Market Strategy - The company reported a significant increase in sales expenses by 55.10% due to market expansion efforts[7] - There are no notable market expansion or acquisition strategies outlined in the current report[10]

Financial Performance - In 2021, China Automotive Engineering Research Institute achieved a net profit of CNY 478,699,839.72 for the parent company and CNY 691,667,708.29 for the consolidated entity[5]. - The company achieved operating revenue of CNY 3,835,074,037.15 in 2021, representing a year-on-year increase of 12.21%[17]. - Net profit attributable to shareholders reached CNY 691,667,708.29, up 23.86% compared to 2020[17]. - The basic earnings per share increased to CNY 0.71, reflecting a growth of 24.56% from the previous year[18]. - Total profit reached RMB 843 million, a year-on-year increase of 25.54%, exceeding the annual budget by 18.73%[34]. - The company reported a total revenue of 118,351.08 million CNY from Kaiyite Vehicle, with a net loss of 729.71 million CNY[63]. - The company achieved a revenue of 22,316 million CNY from Chongqing Automotive Testing Institute, reflecting a year-on-year increase of 141%, with a net profit growth of 164%[64]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year, representing a 20% growth compared to the previous year[83]. Dividends and Profit Distribution - The company proposed a cash dividend of CNY 3.00 per 10 shares, totaling CNY 296,195,570.10 in cash dividends distributed for the 2020 fiscal year[5]. - The proposed cash dividend for 2021 is also set at 3.00 CNY per 10 shares, pending approval at the annual shareholders' meeting[101]. - The company established a cash dividend policy requiring at least 10% of the distributable profits to be distributed in cash if profits are positive[100]. - The company did not propose a cash profit distribution plan for the reporting period, as profits were positive[103]. Research and Development - The company achieved a total of 149 patent authorizations and published 16 core journal papers in 2021, enhancing its research capabilities[28]. - Research and development expenses were RMB 186 million, accounting for 4.89% of total revenue, with a year-on-year increase of 12.56%[35]. - The company completed the development of key technologies for hydrogen circulation pumps and pressure regulators, breaking foreign technology monopolies[25]. - The company completed the development of key components for hydrogen supply systems in fuel cell vehicles and received 149 patent authorizations during the reporting period[32]. Market and Industry Trends - In 2021, the domestic automotive market saw production and sales of 26.08 million and 26.275 million vehicles, respectively, representing year-on-year growth of 3.4% and 3.8%[28]. - The sales of new energy vehicles exceeded 3.5 million units in 2021, with a market share increase to 13.4%[28]. - The intelligent connected vehicle industry in China is projected to exceed 400 billion yuan in 2021, with expectations to reach 900 billion yuan by 2023[28]. - By 2025, it is expected that new energy vehicles will account for approximately 20% of total vehicle sales in China, with hybrid vehicles making up 50% of traditional energy passenger vehicle sales[57]. Governance and Compliance - The audit report for 2021 was issued by Tianzhi International Accounting Firm with a standard unqualified opinion[4]. - The company is committed to ensuring the authenticity, accuracy, and completeness of the annual report, with all board members present at the meeting[3][4]. - The company has established a comprehensive internal control system to enhance decision-making, operational management, and risk control[75]. - The company has a structured approach to governance, adhering to relevant laws and regulations, and ensuring compliance in decision-making processes[74]. Environmental Responsibility - Kairui Transmission's emissions included 840 kg of sulfur dioxide and 360 kg of nitrogen oxides for the year 2021[114]. - Kairui Transmission has implemented three sets of pollution control facilities, including wastewater and air treatment systems[115]. - The company has established an ecological and environmental responsibility system to enhance resource utilization and control energy consumption[123]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[120]. Strategic Initiatives - The company plans to organize a demonstration application of the new energy vehicle operation safety inspection technical system in Chongqing[24]. - The company plans to establish a new regional headquarters in Suzhou High-tech Zone to enhance its testing and R&D capabilities[33]. - The company aims to enhance its technical service capabilities by establishing localized service centers across major automotive industry clusters in China[68]. - The company is focusing on building capabilities in the new energy vehicle and intelligent connected vehicle sectors, facing risks related to new standards, technologies, and investment expectations[73]. Human Resources and Talent Management - The company introduced 44 new talents, including PhDs and key personnel, to strengthen its workforce[27]. - The company has implemented a performance-based salary distribution policy to enhance competitiveness and motivate employees[98]. - The company has initiated a "Leadership Program" aimed at cultivating technical leaders, focusing on young PhDs and technical backbones[99]. - The company emphasizes the importance of talent acquisition and retention, implementing competitive compensation and development platforms to attract skilled professionals[73]. Financial Position and Assets - Total assets at the end of 2021 amounted to CNY 7,184,155,101.89, an increase of 8.12% from the previous year[17]. - The company’s cash and cash equivalents at the end of the reporting period amounted to CNY 30,621,300.82, with restricted cash due to various guarantees[55]. - The company’s long-term investments in equity increased significantly by 383.57% year-on-year, reaching CNY 52,550 million[58]. - The company’s total assets from its major subsidiaries, including Kaiyite Vehicle and Kaiyite Transmission, amounted to over 53 billion CNY, indicating a strong asset base for future growth[63].