证券代码：603023 证券简称：威帝股份 公告编号：2023-058 哈尔滨威帝电子股份有限公司 收到上海证券交易所《关于对哈尔滨威帝电子股份有 限公司重组预案信息披露的问询函》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。 哈尔滨威帝电子股份有限公司（以下简称"公司"）于2023年8月9日收到上 海证券交易所发来的上证公函【2023】1006号《关于对哈尔滨威帝电子股份有限 公司重组预案信息披露的问询函》（以下简称"《问询函》"），现将具体内容公 告如下： "哈尔滨威帝电子股份有限公司： 经审阅你公司提交的《发行股份及支付现金购买资产并募集配套资金暨关联 交易预案》（以下简称预案），现有如下问题需要你公司作出说明并补充披露。 一、关于业务协同性。预案显示，公司主要从事 CAN 总线控制系统、总线 控制单元等汽车电子产品的产销，本次重组收购标的苏州宝优际科技股份有限公 司（以下简称标的公司）主要从事动力及储能电池电芯安全功能器件、模组安全 功能器件、电池包结构件等产品的产销，公司表示本次收购与主营业务具有协同 ...

上 海 证 券 交 易 所 上证公函【2023】1006 号 关于对哈尔滨威帝电子股份有限公司 重组预案信息披露的问询函 哈尔滨威帝电子股份有限公司： 经审阅你公司提交的《发行股份及支付现金购买资产并募集配 套资金暨关联交易预案》（以下简称预案），现有如下问题需要你公 司作出说明并补充披露。 一、关于业务协同性。预案显示，公司主要从事 CAN 总线控制 系统、总线控制单元等汽车电子产品的产销，本次重组收购标的苏 州宝优际科技股份有限公司（以下简称标的公司）主要从事动力及 储能电池电芯安全功能器件、模组安全功能器件、电池包结构件等 产品的产销，公司表示本次收购与主营业务具有协同效应。请公 司：（1）结合公司与标的公司的产品、业务、上下游、技术等方面， 说明双方协同效应的具体体现及实现路径；（2）补充披露公司后续 在业务、资产、财务、人员、机构等方面拟实施的整合措施及计划 安排；（3）结合公司现有的经验、人员及技术等储备，以及前述整 合措施及计划，说明公司后续能否对标的公司实施有效管控。 二、关于标的公司核心竞争力。预案披露，标的公司产品包括 电芯安全功能器件、模组安全功能器件、电池包结构件，主要应用 1 （2） ...

关于召开 2022 年度暨 2023 年第一季度业绩说明会的 公告 证券代码：603023 证券简称：威帝股份 公告编号：2023-027 哈尔滨威帝电子股份有限公司 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： 一、业绩说明会类型 哈尔滨威帝电子股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日 在上海证券交易所网站（www.sse.com.cn）披露了公司《2022 年年度报告》、《2023 年第一季度报告》等，为方便投资者更加全面深入的了解公司情况，公司拟于 2023 年 6 月 5 日通过网络文字互动的方式召开业绩说明会，就投资者关心的公 司经营业绩等事项与投资者进行沟通交流。 二、业绩说明会召开的时间、地点 1、召开时间：2023 年 6 月 5 日 10:00—11:00 2 、召开地点： 上海证券报·中国证券网"路演中心" （https://roadshow.cnstock.com/） 3、召开方式：网络文字互动 会议召开时间：2023 年 6 月 5 日上午 10:00 ...

Group 1: Event Details - Harbin Weidi Electronics Co., Ltd. will participate in the "2023 Investor Collective Reception Day" organized by Heilongjiang Securities Regulatory Bureau and others [1] - The event will be held online on May 15, 2023, from 14:00 to 16:30 [1] - Investors can join via the "Panjing Roadshow" website, WeChat, or the Panjing Roadshow APP [1] Group 2: Communication Topics - Company executives will discuss the 2022 annual performance, corporate governance, development strategy, operational status, financing plans, equity incentives, and sustainable development [1] - The event aims to enhance interaction and communication with investors [1] Group 3: Assurance of Information - The company and its board guarantee that the disclosed information is true, accurate, and complete, with no false records or misleading statements [1]

Financial Performance - The company's operating revenue for Q1 2023 was CNY 13,472,632.33, representing a year-on-year increase of 12.44%[5] - The net profit attributable to shareholders of the listed company was a loss of CNY 564,751.60, a decrease of 181.05% compared to the same period last year[5] - The basic earnings per share for the period was -CNY 0.001, reflecting a decline of 183.33% year-on-year[6] - Total revenue for Q1 2023 was CNY 13,472,632.33, an increase of 12.5% compared to CNY 11,981,796.01 in Q1 2022[18] - Net profit for Q1 2023 was a loss of CNY 2,225,432.93, compared to a profit of CNY 660,727.47 in Q1 2022[20] - The company's operating profit for Q1 2023 was a loss of CNY 3,023,316.11, down from a profit of CNY 1,240,133.31 in Q1 2022[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 825,048,060.78, an increase of 2.00% from the end of the previous year[6] - As of March 31, 2023, the company's total current assets amounted to RMB 645,127,712.73, an increase from RMB 628,040,920.75 at the end of 2022, reflecting a growth of approximately 2.3%[14] - The total non-current assets were reported at RMB 585,000,000, with fixed assets valued at RMB 137,167,216.80, showing a slight increase from RMB 136,308,919.42[14] - Total liabilities for Q1 2023 were CNY 63,350,050.29, an increase from CNY 44,908,724.52 in Q1 2022[16] - The company's equity attributable to shareholders was CNY 766,945,857.32, slightly down from CNY 767,510,608.92 in Q1 2022[16] Cash Flow - The net cash flow from operating activities was -CNY 8,982,574.48, indicating a significant cash outflow[5] - Cash flow from operating activities in Q1 2023 was CNY 12,505,488.57, an increase from CNY 8,428,495.66 in Q1 2022[22] - The net cash flow from operating activities was -$8,982,574.48, a decrease from -$2,640,566.18 in the previous period[23] - Cash outflows for operating activities totaled $46,202,614.69, an increase from $13,859,692.37 in the previous period[23] - Cash inflows from operating activities were $37,220,040.21, compared to $11,219,126.19 previously[23] Expenses - Operating costs for Q1 2023 were CNY 18,057,525.10, up from CNY 11,340,518.08 in Q1 2022, representing a 59% increase[19] - Research and development expenses for Q1 2023 were CNY 3,948,203.00, compared to CNY 3,152,222.52 in Q1 2022, reflecting a 25.3% increase[19] - The increase in net profit loss was primarily due to increased expenses from subsidiaries during the reporting period[8] - The company experienced a significant increase in procurement costs, impacting the cash flow from operating activities[8] Government Support and Strategic Moves - The company received government subsidies amounting to CNY 54,500.01, which are closely related to its normal business operations[7] - The company approved the transfer of assets related to its subsidiary Zhejiang Liwei Automotive Control Systems Co., Ltd. for a price of RMB 4.3 million, which constitutes an associated transaction[11] - The company plans to sell 55% of its stake in Liwei Automotive Control Systems, pending further negotiations and necessary approvals, indicating a strategic move towards restructuring[12] Current Assets - The company's cash and cash equivalents stood at RMB 436,650,422.89, slightly up from RMB 431,436,612.98 at the end of the previous year, indicating a marginal increase of about 0.5%[14] - Accounts receivable decreased to RMB 46,453,411.09 from RMB 50,751,345.90, representing a decline of approximately 8.5%[14] - The company reported an increase in prepayments to RMB 9,508,862.71 from RMB 953,000.56, showing a significant rise of over 890%[14] - Inventory decreased to RMB 104,718,244.88 from RMB 112,526,427.76, reflecting a reduction of about 6.9%[14] Intangible Assets - The company’s goodwill and intangible assets were reported at RMB 13,682,748.20 and RMB 14,111,690.16 respectively, indicating a focus on maintaining asset value amidst market fluctuations[14] - The company’s long-term equity investments remained stable at RMB 356,013.52, unchanged from the previous reporting period[14]

Financial Performance - The company's total revenue for 2022 was ¥74,170,420.07, representing a 4.47% increase compared to ¥70,996,892.98 in 2021[24]. - The net profit attributable to shareholders for 2022 was ¥4,405,947.03, a decrease of 34.15% from ¥6,691,058.84 in 2021[24]. - The net profit after deducting non-recurring gains and losses was ¥3,248,223.21, down 46.17% from ¥6,034,207.80 in 2021[24]. - The basic earnings per share for 2022 were ¥0.008, down 33.33% from ¥0.012 in 2021[25]. - The weighted average return on net assets for 2022 was 0.58%, a decrease of 0.30 percentage points from 0.88% in 2021[25]. - The company achieved operating revenue of 74.17 million RMB in 2022, an increase of 4.47% year-on-year[35]. - The net profit attributable to shareholders decreased by 34.15% year-on-year, amounting to 4.41 million RMB, primarily due to high initial expenses from newly established subsidiaries[35]. - The company reported a net profit of 2.61 million RMB in Q4, showing a recovery from a loss of 1.16 million RMB in Q2[28]. - The company reported a significant reliance on its top five customers, accounting for 67.21% of total sales[55]. - The company reported a net profit margin of 242.25, indicating strong profitability despite the revenue decline[103]. Cash Flow and Liquidity - The net cash flow from operating activities for 2022 was -¥12,403,636.86, compared to ¥42,469,939.22 in 2021, indicating a significant decline[24]. - The company’s cash flow issues were exacerbated by the initial expenses of newly established subsidiaries, impacting overall financial performance[35]. - Operating cash inflow decreased by 18.30% to ¥84,736,830.99 from ¥103,722,842.43[59]. - Operating cash outflow increased by 58.59% to ¥97,140,467.85 from ¥61,252,903.21[59]. - The net cash flow from investing activities worsened by 144.57% to -¥31,950,212.56 from -¥13,063,950.27[59]. - Total cash and cash equivalents at the end of the period decreased by 10.11% to ¥431,436,612.98 from ¥479,942,270.77[59]. - The cash and cash equivalents decreased from RMB 479,942,270.77 in 2021 to RMB 431,436,612.98 in 2022, reflecting a decline of approximately 10.1%[186]. Assets and Liabilities - The total assets at the end of 2022 were ¥808,832,167.95, a 2.63% increase from ¥788,068,092.09 at the end of 2021[24]. - The total liabilities increased by 79.90% to ¥44,908,724.52, resulting in an asset-liability ratio of 5.55%[43]. - Accounts receivable increased by 213.19% to ¥15,246,750.60 from ¥4,868,181.89[62]. - The total current assets decreased from RMB 651,086,307.40 in 2021 to RMB 628,040,920.75 in 2022, a decline of approximately 3.5%[186]. - Total liabilities rose to ¥44,908,724.52 in 2022, up from ¥24,963,430.20 in 2021, indicating a significant increase of approximately 80%[188]. Research and Development - Research and development expenses accounted for 19.23% of total expenses, with an increase of 11.18% compared to the previous year, reflecting the company's commitment to innovation[38]. - Total R&D expenses amounted to ¥14,260,147.78, representing 19.23% of total revenue[56]. - The company plans to enhance its product competitiveness by increasing R&D investment in new products such as full LCD instruments and intelligent driving cockpit systems[84]. Market and Sales Performance - The company faced a 5.15% decline in sales of buses over 6 meters, while sales of new energy buses increased by 21.91%[35]. - In 2022, the cumulative sales of buses over 6 meters reached 92,200 units, a year-on-year decrease of 5.15%[80]. - Cumulative sales of new energy buses over 6 meters reached 61,500 units, a year-on-year increase of 21.91%, capturing 66.7% of the large and medium-sized bus market share in 2022[80]. - Revenue from the computer communication and other electronic equipment sector reached ¥73,665,754.21, with a year-on-year increase of 5.38%[50]. Corporate Governance and Compliance - The company maintains independence in personnel, finance, and operations from its controlling shareholders, ensuring no interference in management decisions[96]. - The company has established independent financial departments and accounting systems, with separate bank accounts and tax obligations[96]. - The company emphasizes the importance of corporate governance and compliance with information disclosure obligations, enhancing transparency[136]. - The company has not reported any significant internal control deficiencies during the reporting period[128]. Future Outlook and Strategy - The company plans to acquire 100% equity of Shanghai Feier Automotive Parts Co., Ltd. through a combination of issuing shares, convertible bonds, and cash payments[70]. - The company aims to expand its truck business to create new growth points and has already established bulk supply capabilities[83]. - The company recognizes the importance of maintaining product quality and technological innovation to respond to market pressures and enhance competitiveness[82]. - Future guidance indicates a cautious optimism, with expectations of gradual recovery in revenue and profitability[103]. Employee and Management - The total number of employees in the parent company and major subsidiaries is 273, with 113 technical personnel and 88 production personnel[119]. - The company has implemented a training program focusing on professional skills, general skills, certification courses, and new employee training to enhance employee performance and adaptability[122]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period was 2.4225 million yuan[111]. Risks and Challenges - The company faces risks related to changes in industry policies, financial risks, and intensified market competition as the automotive electronics sector evolves[88]. - The company faces risks of declining net profit due to rising raw material prices, particularly in the semiconductor sector, amid increased demand in the electronics field[89]. - The implementation of the fundraising project "Weidi Cloud Bus Internet of Vehicles Service Platform" is uncertain due to market conditions and other unforeseen factors, which may affect expected economic benefits[89].

2022 年第三季度报告 证券代码：603023 证券简称：威帝股份 哈尔滨威帝电子股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 1 / 11 单位：元 币种：人民币 项目 本报告期 本报告期比上年同 期增减变动幅度 (%) 年初至报告期末 年初至报告期末比上 年同期增减变动幅度 (%) 营业收入 23,630,604.25 71.32 49,799,446.46 27.21 归属于上市公司股东的净利润 2,306,958.34 13.13 1,846,392.57 144.67 归属于上市公司股东的扣除非 经常性损益的净利润 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥26,168,842.21, representing a 3.22% increase compared to ¥25,353,600.72 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was -¥460,565.77, a 64.15% improvement from -¥1,284,554.48 in the previous year[19]. - The basic earnings per share for the first half of 2022 was -¥0.0008, showing a 60.00% improvement from -¥0.002 in the previous year[20]. - The diluted earnings per share also stood at -¥0.0008, reflecting a 60.00% increase compared to -¥0.002 in the same period last year[20]. - The weighted average return on net assets was -0.06%, an increase of 0.11 percentage points from -0.17% in the previous year[20]. - The total comprehensive income for the first half of 2022 was CNY 1,125,679.86, a recovery from a comprehensive loss of CNY 1,331,875.45 in the same period last year[85]. - The company's net profit for the first half of 2022 was not explicitly stated, but the increase in operating costs suggests potential pressure on profitability[81]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥1,595,830.48, a significant decrease from ¥21,051,271.29 in the same period last year[19]. - Cash and cash equivalents at the end of the period were RMB 465,346,966.94, accounting for 59.38% of total assets, a decrease of 3.04% from the previous year[37]. - The company did not engage in any financing activities during the reporting period, resulting in a net cash flow from financing activities of RMB 0.00[36]. - The ending balance of cash and cash equivalents was CNY 427,192,624.72, down from CNY 449,079,056.34 at the end of the first half of 2021[91]. - The net increase in cash and cash equivalents was -CNY 28,979,790.98, compared to a decrease of -CNY 1,457,225.48 in the same period last year[91]. Assets and Liabilities - The total assets at the end of the reporting period were ¥783,664,856.26, a decrease of 0.56% from ¥788,068,092.09 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company were ¥762,644,096.12, a slight decrease of 0.06% from ¥763,104,661.89 at the end of the previous year[19]. - Total liabilities decreased to CNY 21,427,613.85 from CNY 24,078,816.39, indicating a reduction in financial obligations[79]. - The company's total current assets decreased from 651,086,307.40 RMB to 634,099,203.57 RMB, a decline of approximately 2.3%[74]. - The total accounts receivable at the end of the period was ¥41,838,829.22, with a bad debt provision of ¥11,286,547.70, indicating a provision ratio of 26.98%[199]. Operational Challenges - The company faced challenges due to the COVID-19 pandemic, resulting in a significant decrease in orders for large and medium-sized buses[32]. - The sales volume of buses over 6 meters in the first half of 2022 was 33,400 units, a year-on-year decline of 23.81%[28]. - The company emphasized improving internal management and optimizing product performance to enhance competitiveness[33]. Research and Development - The company’s R&D investment accounted for 26.25% of total revenue, focusing on new products like full LCD instruments and intelligent driving cockpit systems[33]. - The company reported R&D expenses of CNY 6,868,077.16, slightly up from CNY 6,770,356.76, indicating continued investment in innovation[81]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 27,605[66]. - The top shareholder, Chen Zhenhua, holds 164,364,155 shares, representing 29.24% of the total share capital[68]. - Lishui Jiuyou Equity Investment Fund holds 120,445,673 shares, accounting for 21.43% of the total share capital[68]. Corporate Governance - The company has undergone changes in its board of directors, with new appointments including Ba Jiuqing as chairman and Zhou Baotian as board secretary[50]. - No profit distribution or capital reserve transfer plans are proposed for the half-year period, indicating a focus on reinvestment[51]. - The company has committed to not transferring more than 25% of their shares during their tenure as directors or senior management[58]. Environmental Responsibility - The company promotes environmental responsibility through initiatives such as paperless offices and the use of eco-friendly materials[54]. - The company is not classified as a key pollutant discharge unit, adhering to national environmental protection laws and regulations[54]. Financial Risks - The company faces risks related to changes in industry policies, which could significantly impact its operations and profitability if government support decreases[44]. - Financial risks are present due to potential adverse effects on various financial indicators from operational, investment, and financing activities[45]. - There is a risk of declining net profits due to rising raw material prices and supply shortages of automotive chips caused by the COVID-19 pandemic[45]. Accounting Policies - The financial statements are prepared on a going concern basis[112]. - The company adheres to the enterprise accounting standards, ensuring the financial statements accurately represent its financial position and results[114]. - The company recognizes revenue when control of goods or services is transferred to the customer, indicating a significant economic benefit[164].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 11,981,796.01, representing a year-on-year increase of 3.69%[4] - The net profit attributable to shareholders was CNY 696,829.80, reflecting an increase of 11.71% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 538,155.98, showing a decrease of 8.33% year-on-year[4] - The basic and diluted earnings per share were both CNY 0.0012, which is an increase of 9.09%[4] - Total operating revenue for Q1 2022 was CNY 11,981,796.01, an increase of 3.68% compared to CNY 11,555,821.06 in Q1 2021[24] - Net profit for Q1 2022 was CNY 660,727.47, representing an increase of 5.93% from CNY 623,789.90 in Q1 2021[25] - The company reported a total profit of CNY 1,236,763.66 for Q1 2022, compared to CNY 786,022.61 in Q1 2021[25] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -2,640,566.18, indicating a decrease due to reduced bank acceptance bills[7] - Cash flow from operating activities showed a net outflow of CNY -2,640,566.18, a significant decrease from a net inflow of CNY 5,582,907.89 in Q1 2021[27] - The net cash flow from investing activities was -466,137.05 RMB, indicating a significant outflow compared to the previous quarter's outflow of -1,424,129.50 RMB[28] - The total cash and cash equivalents at the end of the period were 476,835,567.54 RMB, slightly down from 479,942,270.77 RMB at the beginning of the period[28] - The company reported a decrease in cash and cash equivalents by 3,106,703.23 RMB during the quarter[28] - The company maintains a healthy liquidity position with cash and cash equivalents representing a substantial portion of total assets[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 786,907,851.87, a decrease of 0.15% from the end of the previous year[4] - As of March 31, 2022, the company's total assets amounted to CNY 786.91 million, a slight decrease from CNY 788.07 million on December 31, 2021[20] - The total current assets amounted to 651,086,307.40 RMB, with inventory valued at 99,930,745.79 RMB[31] - The total liabilities decreased to CNY 23,142,462.51 from CNY 24,963,430.20 year-over-year[22] - The total liabilities were 24,963,430.20 RMB, with current liabilities comprising 22,958,785.25 RMB[32] - The owner's equity totaled 763,104,661.89 RMB, indicating a solid equity position for the company[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,834[9] - The top shareholder, Chen Zhenhua, holds 29.24% of the shares, totaling 164,364,155 shares[9] Investments and Acquisitions - The company established a joint venture, Zhejiang Hangwei Automotive Control System Co., Ltd., with a registered capital of CNY 55 million, where the company contributed CNY 30.25 million, accounting for 55% of the capital[11] - The company plans to acquire 100% equity of Shanghai Feier Automotive Parts Co., Ltd. through a combination of issuing shares, convertible bonds, and cash payments, while also raising matching funds through a private placement[11] Regulatory and Compliance - The company received inquiries from the Shanghai Stock Exchange regarding its major asset restructuring, indicating regulatory scrutiny[12] - The company has been actively responding to inquiries and updating its disclosures related to the asset restructuring process[16] Research and Development - Research and development expenses for Q1 2022 were CNY 3,152,222.52, compared to CNY 3,060,127.80 in Q1 2021[24] Accounting Standards - The company has implemented new accounting standards starting from 2022, which may affect financial reporting[28]

Financial Performance - The company's total revenue for 2021 was ¥70,996,892.98, representing a decrease of 16.02% compared to the previous year[20]. - The net profit attributable to shareholders for 2021 was ¥6,691,058.84, a decline of 57.37% year-over-year[20]. - The net profit after deducting non-recurring gains and losses was ¥6,034,207.80, which increased by 356.74% compared to the previous year[20]. - Basic earnings per share decreased by 60% to CNY 0.012 compared to CNY 0.03 in the previous year[22]. - The net profit attributable to shareholders decreased due to reduced orders in the large and medium bus market and increased raw material costs, particularly for chips[22]. - The weighted average return on equity decreased by 1.34 percentage points to 0.88% compared to 2.22% in the previous year[22]. - Total operating income for Q4 2021 was CNY 31,850,126.32, with a net profit of CNY 5,936,401.21 attributable to shareholders[25]. - Government subsidies received decreased compared to the previous year, impacting net profit negatively[22]. - The company reported a significant decrease in investment cash inflow by 97.61% to 14.12 million yuan[63]. - The company reported a total comprehensive income of CNY 5,423,564.27 for 2021, down from CNY 15,695,295.21 in 2020[194]. Cash Flow and Assets - The cash flow from operating activities for 2021 was ¥42,469,939.22, down 11.55% from the previous year[20]. - The total assets at the end of 2021 were ¥788,068,092.09, an increase of 1.38% compared to the end of 2020[21]. - The net cash flow from operating activities was CNY 42,469,939.22, down 11.55% from the previous period[63]. - The total cash and cash equivalents at the end of the period increased by 6.53% to 479.94 million yuan[64]. - The total liabilities increased from CNY 20,896,273.08 at the beginning of the period to CNY 24,963,430.20 at the end, resulting in a rise in the debt ratio from 2.69% to 3.17%[158]. - Cash and cash equivalents amounted to ¥456,172,415.70 in 2021, slightly up from ¥450,536,281.82 in 2020, indicating a growth of approximately 1.5%[185]. Research and Development - R&D investment accounted for 18.07% of total revenue, focusing on new products like full LCD instruments and intelligent driving cockpit systems[32]. - Research and development expenses slightly increased by 1.55% to CNY 12,826,369.31, reflecting ongoing investment in innovation[46]. - The company plans to increase R&D investment to develop new products and expand its product lines, aiming to improve product competitiveness and reduce costs[91]. Strategic Initiatives - The company plans to enhance its product line and maintain technological leadership through continuous innovation and upgrades[32]. - The company plans to acquire 100% equity of Shanghai Feir Automotive Parts Co., Ltd. through a combination of issuing shares, convertible bonds, and cash payments, as part of a significant asset restructuring[73]. - The company aims to establish investment funds through partnerships with market-oriented professional investment institutions to optimize and upgrade its industry[88]. - The company is exploring potential mergers and acquisitions to strengthen its market position, with a budget of $200 million allocated for this purpose[109]. Governance and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated decision-making procedures for external guarantees[7]. - The company emphasizes transparency in information disclosure, adhering to relevant regulations and ensuring equal access for all shareholders[99]. - The company has established independent financial departments and accounting systems, with separate bank accounts and financial decision-making processes[102]. - The company has not faced any penalties from securities regulatory agencies in the past three years[116]. Market Conditions - The market for large and medium-sized buses saw a total sales volume of 87,500 units in 2021, a decline of 11.3% year-on-year[37]. - Sales of 7-meter and above new energy buses fell by 20.8% year-over-year in 2021, with total sales of 45,000 units[71]. - Despite recent declines, the new energy bus market is expected to grow in 2022, driven by the withdrawal of subsidies and the push for green transportation policies, indicating a substantial market opportunity for large and medium new energy buses in the future[71]. Risk Management - The report includes a risk statement regarding potential future challenges the company may face[8]. - The company faces risks from changes in industrial policies that could impact its operations and profitability in the automotive electronics sector[94]. - The company is experiencing a decline in net profit due to rising raw material prices and a shortage of key electronic components, which has affected production[95].