Financial Performance - In 2022, the company's operating revenue reached ¥3,383,136,810.43, representing a 101.71% increase compared to ¥1,677,200,236.04 in 2021[22]. - The net profit attributable to shareholders was ¥81,608,677.81 in 2022, a significant recovery from a loss of ¥51,282,631.92 in 2021[22]. - The basic earnings per share (EPS) for 2022 was ¥0.73, compared to a loss of ¥0.46 in 2021[22]. - The net cash flow from operating activities increased dramatically to ¥1,008,649,150.71, up 2,043.88% from ¥47,047,889.63 in 2021[22]. - The total assets of the company grew by 93.00% to ¥6,046,942,062.93 at the end of 2022, compared to ¥3,133,165,124.86 at the end of 2021[22]. - The company reported a weighted average return on equity of 14.14% in 2022, a recovery from -8.73% in 2021[22]. - The net profit attributable to shareholders after deducting non-recurring gains was ¥62,930,961.18 in 2022, compared to a loss of ¥55,589,632.92 in 2021[22]. - The company achieved a revenue of CNY 3,383,136,810.43 in 2022, representing a year-on-year growth of 101.71%[80]. - The company's operating costs increased to CNY 1,807,972,131.74, reflecting a year-on-year increase of 39.26%[80]. - The company reported a significant increase in cash flow from operating activities, with a net cash flow of CNY 1,008,649,150.71, up 2043.88% from the previous year[80]. Corporate Governance - The company received a standard unqualified audit report from Zhongzheng Tiantong Accounting Firm[4]. - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and senior management[8]. - The company did not disclose any significant changes in its governance structure or shareholder situation during the reporting period[9]. - The company has emphasized the importance of investor awareness regarding potential risks associated with forward-looking statements[6]. - The company has conducted multiple shareholder meetings throughout 2022, with resolutions published on the designated website[135]. - The company has established an independent financial department and accounting system, ensuring compliance with independent tax obligations and financial decision-making[133]. - The company has a complete and independent organizational structure, with governance bodies such as the board of directors and supervisory board operating independently[133]. - The company has committed to minimizing related party transactions, ensuring that unavoidable transactions are conducted transparently and fairly[134]. Strategic Initiatives - The company plans to continue expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[24]. - The company is expanding its overseas trade platform, targeting markets in Germany, the UK, Italy, Vietnam, and Japan, with plans to establish export channels in the first half of 2023[37]. - The company is actively pursuing agency business to enhance product distribution and sales channels[67]. - The company aims to become a leading multi-brand consumer goods group in China, catering to the growing middle-class consumer base[68]. - The company is focusing on the alkaline battery business, optimizing its structure, and enhancing automation and efficiency[119]. - The company is exploring the 2B micro battery sector and 2C consumer goods, focusing on small lithium-ion batteries and IoT batteries, while collaborating with well-known brands to enhance product offerings[123]. Market Trends and Industry Insights - The global battery market is projected to reach $250.16 billion by 2027, with a compound annual growth rate (CAGR) of approximately 15.8% from 2022 to 2027[43]. - The production of alkaline zinc-manganese batteries in China was estimated at 25.9 billion units in 2021, a year-on-year increase of 21.71%, while carbon zinc-manganese batteries saw a decline of 5.26%[48]. - The sales revenue of China's zinc-manganese battery industry grew from 39.45 billion yuan in 2016 to 48.18 billion yuan in 2020, with a CAGR of 5.12%[49]. - Alkaline batteries account for 80% of the dry battery market share in developed countries, indicating a significant trend towards alkaline zinc-manganese batteries[48]. - The company benefits from favorable industry policies and increasing consumer spending, which are expected to drive continuous growth in the battery sector[44]. Risk Management - The company has outlined potential risks in the management discussion and analysis section of the report[7]. - The company faces risks from macroeconomic fluctuations that could impact market demand for its battery products, which are widely used in consumer electronics[124]. - The company is exposed to raw material price volatility, particularly for zinc and manganese, which could adversely affect profitability if costs cannot be passed on to customers[124]. - The company recognizes the risk of product substitution, particularly from lithium batteries, which have gained market share in various applications despite the competitive advantages of alkaline batteries[126]. Research and Development - The total R&D expenditure for 2022 was ¥105,705,061.28, accounting for 3.12% of total revenue[93]. - The company is investing heavily in R&D, with a budget allocation of 150 million for new technology development in 2023[141]. - The company is focusing its R&D investments on alkaline manganese batteries, lithium manganese batteries, and lithium-ion batteries, acknowledging the uncertainty and long timelines associated with new technology development[126]. - The company has applied for multiple new technology patents and launched the globally leading fourth-generation alkaline battery[121]. Acquisitions and Restructuring - The company completed the acquisition of a 51% stake in Yajing Technology, transitioning its main business from retail to battery production and sales[79]. - The company completed the major asset restructuring by divesting its retail business and acquiring control of Yajing Technology, enhancing its profitability and risk resistance[111]. - The restructuring involved integrating business, assets, finance, personnel, and institutions to ensure effective management and operational efficiency[110]. - The company has committed to providing guarantees for its subsidiaries' financing, reflecting a supportive corporate structure[156]. Environmental and Social Responsibility - The company invested 730.4 million yuan in environmental protection during the reporting period[181]. - The company reduced carbon emissions by approximately 419 tons through energy-saving measures and optimization of internal logistics[189]. - Total donation expenditure amounted to 174,000 RMB, primarily for educational assistance and support for disadvantaged groups[190].

Financial Performance - In 2022, the company's operating revenue reached ¥3,383,136,810.43, representing a 101.71% increase compared to ¥1,677,200,236.04 in 2021[22]. - The net profit attributable to shareholders was ¥81,608,677.81 in 2022, a significant recovery from a loss of ¥51,282,631.92 in 2021[22]. - The basic earnings per share (EPS) improved to ¥0.73 in 2022, compared to a loss of ¥0.46 in 2021[22]. - The net cash flow from operating activities surged to ¥1,008,649,150.71, a 2,043.88% increase from ¥47,047,889.63 in 2021[22]. - The total assets increased by 93.00% to ¥6,046,942,062.93 at the end of 2022, up from ¥3,133,165,124.86 in 2021[22]. - The weighted average return on equity rose to 14.14% in 2022, compared to -8.73% in 2021[22]. - The company reported a net profit of ¥34,520,525.04 in Q1 2022, with a total operating revenue of ¥960,164,919.86 for the same quarter[26]. - The net profit attributable to shareholders for Q4 2022 was ¥2,447,374.89, with an operating revenue of ¥819,443,188.29[26]. - The company achieved a revenue of CNY 3,383,136,810.43 in 2022, representing a year-on-year growth of 101.71%[80]. - The company's operating costs increased to CNY 1,807,972,131.74, reflecting a year-on-year growth of 39.26%[80]. - The net profit attributable to shareholders was CNY 81,608,677.81 for the reporting period[82]. Strategic Acquisitions and Business Transition - The company completed the acquisition of a 51% stake in Yajing Technology, transitioning its main business from retail to battery production and sales[79]. - The company underwent a major asset restructuring, transitioning from traditional retail to battery production and sales, which significantly changed its business model[89]. - The company acquired a 36% stake in Yajing Technology and subsequently increased its ownership to 51%[87]. - The company completed the sale of 100% equity in Andeli Industrial Trade on January 27, 2022, transitioning from traditional retail to the consumer battery industry[111]. - The restructuring aims to enhance operational efficiency and profitability by integrating Yajing Technology and Nanfu Battery into a unified management system[108]. - The company is in a critical transformation phase, having divested from its original retail business and entered the battery production and sales industry[172]. Market Expansion and Product Development - The company plans to continue expanding its market presence and enhancing its product offerings through strategic acquisitions and technological advancements[24]. - The company is actively pursuing agency business to enhance product distribution and sales channels[67]. - The company is exploring the 2B micro battery sector and 2C new consumer products, focusing on small lithium-ion batteries and IoT batteries, while collaborating with well-known brands to enhance product offerings[123]. - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[141]. - The company plans to implement a new marketing strategy aimed at increasing brand awareness, with a budget allocation of 50 million[141]. - The company is investing in new product development and technological advancements to stay competitive in the market[140]. - The company is developing new chemical batteries to meet the demands of the 5G and IoT era, leveraging nearly 60 years of expertise[119]. Risk Management and Compliance - The company has established a comprehensive risk management system to enhance financial data analysis and fund usage supervision[176]. - The internal control audit report for 2022 received a standard unqualified opinion[179]. - The company has no significant internal control deficiencies and continues to improve governance levels[179]. - The company is exposed to raw material price volatility, particularly for zinc and manganese, which could adversely affect profitability if costs cannot be passed on to customers[124]. - The company recognizes the risk of product substitution, particularly from lithium batteries, which have gained market share in various applications, potentially impacting its market position[126]. - The company has committed to measures to compensate for the dilution of immediate returns from the non-public issuance of A-shares[196]. Governance and Management - The company has a total of 8 independent directors, with an average compensation of 10 million yuan each, ensuring diverse oversight and governance[138]. - The company has established an independent financial department and accounting system, ensuring compliance with independent tax obligations and financial decision-making[133]. - The management team is experienced and stable, with members having over ten years of tenure, enhancing operational efficiency[77]. - The company has implemented a performance assessment mechanism that links the compensation of senior management closely to operational performance and target completion[174]. - The company has held multiple shareholder meetings throughout 2022, with resolutions published on the designated website[135]. Environmental and Social Responsibility - The company invested 730.4 million yuan in environmental protection during the reporting period[181]. - The company reduced carbon emissions by approximately 419 tons through energy-saving measures and optimization of internal logistics[189]. - Total donation expenditure amounted to 174,000 CNY, primarily used for educational assistance and support for disadvantaged groups[190]. - The company has complied with environmental regulations and has not faced any administrative penalties during the reporting period[188]. Future Outlook - Future guidance indicates an expected revenue increase of 20% for the next fiscal year, driven by new product launches and market expansion[146]. - The company plans to allocate 15% of its annual budget towards marketing efforts to boost brand awareness in emerging markets[146]. - The company is committed to enhancing its digital capabilities and environmental responsibility through energy-saving upgrades and comprehensive monitoring systems[34]. - The company aims to improve operational efficiency and profitability through strategic initiatives in the upcoming fiscal year[140].

2023 年第一季度报告 证券代码：603031 证券简称：安孚科技 安徽安孚电池科技股份有限公司 2023 年第一季度报告 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。 第一季度财务报表是否经审计 一、 主要财务数据 (一)主要会计数据和财务指标 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(%) | | | --- | --- | --- | --- | | 营业收入 | 1,164,092,835.60 | | 21.24 | | 归属于上市公司股东的净利润 | 44,836,457.09 | | 29.88 | | 归属于上市公司股东的扣除非经常 性损益的净利润 | 44,308,518.28 | | 38.0 ...

证券代码：603031 股票简称：安孚科技 编号：2023-031 安徽安孚电池科技股份有限公司 关于召开 2022 年度业绩暨 2023 年第一季度业绩暨 现金分红说明会的公告 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： 会议召开时间：2023 年 05 月 18 日(星期四) 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 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 （三） 会议召开方式：上证路演中心网络互动 三、 参加人员 副董事长、总经理：林隆华先生 董事、副总经理、董事会秘书：任顺英先生 财务总监：冶连武先生 投资者可于 2023 年 05 月 11 日(星期四) 至 05 月 17 日(星期三)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 ir@anfucorp.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。 安徽安 ...

2022 年第三季度报告 单位：元 币种：人民币 证券代码：603031 证券简称：安孚科技 安徽安孚电池科技股份有限公司 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 | --- | --- | --- | --- | --- | |------------------------------------------------|----------------|---------------------------------------|------------------|------------------------------- ...

Financial Performance - The company's operating revenue for the first half of 2022 reached ¥1,587,511,144.73, an increase of 87.26% compared to ¥847,758,021.60 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥40,292,340.58, a significant turnaround from a loss of ¥5,612,553.13 in the previous year, representing an increase of 817.90%[21]. - The net profit after deducting non-recurring gains and losses was ¥31,869,452.68, compared to a loss of ¥6,760,966.37 in the same period last year, marking a 571.37% increase[21]. - The basic earnings per share for the first half of 2022 was ¥0.36, compared to a loss of ¥0.05 per share in the same period last year, reflecting an increase of 820.00%[22]. - The total assets of the company at the end of the reporting period were ¥6,392,152,558.91, an increase of 104.02% from ¥3,133,165,124.86 at the end of the previous year[21]. - The net cash flow from operating activities was negative at -¥19,930,816.99, a decrease of 179.42% compared to ¥25,096,698.03 in the same period last year[21]. - The net assets attributable to shareholders of the listed company decreased by 4.76% to ¥535,211,356.58 from ¥561,973,374.85 at the end of the previous year[21]. Business Transition and Strategy - The company shifted its main business from retail to the production and sales of batteries starting February 2022[29]. - The company completed the transfer of 36% and 15% equity in Yajing Technology, resulting in a total holding of 51%[29]. - The main products now include alkaline batteries, carbon batteries, and other battery types, with alkaline batteries as the core product[29]. - The company operates in the high-performance environmentally friendly zinc-manganese battery manufacturing industry[29]. - The transition from retail to battery manufacturing aligns with the classification under the manufacturing industry as per regulatory guidelines[29]. Market and Industry Insights - In 2021, the estimated production of alkaline zinc-manganese batteries in China reached 25.9 billion units, a year-on-year increase of 21.71%, while carbon zinc-manganese batteries saw an estimated production of 19.8 billion units, a decline of 5.26%[35]. - The sales revenue of China's zinc-manganese battery industry showed a stable growth trend, increasing from 39.45 billion yuan in 2016 to 48.18 billion yuan in 2020, with a compound annual growth rate of 5.12%[35]. - The alkaline zinc-manganese battery market is expected to continue expanding, with developed countries having an 80% market share for alkaline batteries, compared to only 45% in China as of the end of 2015[34]. - The production capacity and technology level of leading domestic zinc-manganese battery manufacturers are now among the best in the world, making China the largest manufacturer of zinc-manganese batteries globally[35]. - The industry is supported by various national policies aimed at promoting the development of mercury-free alkaline zinc-manganese batteries, with a focus on technological upgrades and production capacity improvements[35]. Research and Development - The company has a strong focus on R&D, with multiple patents and new product launches, including lithium-ion batteries and specialized batteries for various applications[42]. - Research and development expenses amounted to ¥50,960,314.86, indicating a focus on innovation post-restructuring[48]. - The company has established a new product development team to enhance its technological innovation capabilities[46]. Environmental and Compliance Efforts - The company has implemented strict environmental protection measures, ensuring that pollutant emissions are consistently within standards, with actual emissions significantly lower than permitted levels[76]. - The company has committed to reducing carbon emissions through energy management systems and technological upgrades, resulting in a decrease in total electricity consumption[83]. - The company has established a comprehensive environmental monitoring plan, regularly conducting assessments and publicly disclosing results on pollution source monitoring platforms[79]. - During the reporting period, the company did not face any administrative penalties related to environmental issues, indicating compliance with environmental regulations[82]. Shareholder and Governance Matters - The company has not disclosed any plans for new products or technologies in this report[6]. - There are no indications of market expansion or mergers and acquisitions mentioned in the report[6]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. - The integrity status of the company and its major stakeholders remains good, with no significant legal violations reported[102]. - There were significant changes in the board and management, with multiple resignations and new appointments[66]. Financial Liabilities and Guarantees - The company has provided guarantees totaling CNY 1,045,386,500, which accounts for 176.67% of its net assets[113]. - The company has provided a guarantee of CNY 702,046,500 to its subsidiaries[113]. - The company’s total guarantee amount exceeding 50% of net assets is CNY 749,524,555.54[113]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[150]. - The net profit targets for Yajing Technology for the years 2022, 2023, and 2024 are set at no less than ¥616,372,500, ¥657,464,000, and ¥698,555,500 respectively[90].

2022 年第一季度报告 单位：元 币种：人民币 证券代码：603031 证券简称：安德利 安徽安德利百货股份有限公司 2022 年第一季度报告 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、准确性和完整性依法承担法律责任。 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报表 信息的真实、准确、完整。 第一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 | --- | --- | --- | |-----------------------------------------------|----------------|-------------------------------------| | 项目 | 本报告期 | 本报告期比上年同期增减 变动幅度 (%) | | 营业收入 | 960,164,919.86 | ...

Financial Performance - The company's operating revenue for 2021 was ¥1,677,200,236.04, a decrease of 5.01% compared to ¥1,765,713,868.85 in 2020[26]. - The net profit attributable to shareholders was -¥51,282,631.92 in 2021, a significant decline from -¥6,591,358.39 in 2020, representing a 678.03% increase in losses[26]. - The net cash flow from operating activities decreased by 39.41% to ¥47,047,889.63 in 2021 from ¥77,654,365.66 in 2020[26]. - The total assets increased by 86.55% to ¥3,133,165,124.86 at the end of 2021, compared to ¥1,679,548,939.85 at the end of 2020[26]. - The basic earnings per share for 2021 was -¥0.46, a decline of 666.67% from -¥0.06 in 2020[27]. - The weighted average return on net assets was -8.73% in 2021, a decrease of 7.71 percentage points from -1.07% in 2020[30]. - The company reported a net profit of ¥51,282,631.92 according to Chinese accounting standards for the current period, contrasting with a loss of -¥6,591,358.39 in the previous period[31]. - The company's main business revenue decreased by 5.16% year-on-year, while the gross profit margin increased by 2.19%[58]. - The company reported a significant increase in management expenses by 41.09% to CNY 75.70 million due to rising salary costs[54]. - The company incurred additional costs of approximately CNY 20.50 million related to a major asset restructuring during the reporting period[53]. Operational Challenges - The company experienced a decline in both revenue and profit during 2021 due to the dual impact of e-commerce competition and the COVID-19 pandemic[39]. - The company faced challenges from e-commerce and the COVID-19 pandemic, impacting its main business revenue[53]. - Sales for supermarket operations in Hefei, Wuhu, and Ma'anshan decreased by 7.69%, 11.71%, and 0.97% respectively, primarily due to favorable sales impacts from the pandemic in 2020[98]. Strategic Initiatives - The company plans to optimize its supply chain by increasing direct procurement from manufacturers and reducing intermediate links to lower procurement costs and improve gross margins[39]. - The company aims to expand its store network in densely populated areas and address the issues of loss-making stores through targeted actions such as adjusting product structure and pricing strategies[39]. - The company is enhancing its marketing efforts by integrating online and offline channels, increasing promotional activities, and expanding e-commerce partnerships to recover sales lost during store closures[39]. - The company has initiated a comprehensive operational standardization system to improve management efficiency and service quality across its stores[42]. - The company is focusing on fine management practices to reduce unnecessary expenses and improve operational efficiency, including inventory optimization and automated ordering systems[42]. - The company aims to enhance its retail system through digital transformation and improve operational efficiency by leveraging big data and smart technologies[80]. - The company is committed to enhancing its product offerings and customer experience through the development of new store formats and layouts[90]. Asset Restructuring - In September 2021, the company approved a major asset restructuring plan to acquire a 36% stake in Yajing Technology, aiming to transition into the battery industry and enhance profitability[42]. - The company completed a major asset restructuring, transitioning from traditional retail to the consumer battery industry, which has a large market scale and promising development prospects[118]. - The company sold 100% equity of Andeli Industry for RMB 833.53 million, completed on January 27, 2022[114]. - The company acquired 36% equity of Yajing Technology, with the transfer of voting rights for 15% of shares to the company, enhancing its market position[114]. Governance and Compliance - The company received a standard unqualified audit report from Zhongzheng Tiantong Accounting Firm[6]. - The company has established a governance structure in compliance with the Company Law and other regulations, ensuring effective operation and management[130]. - The board of directors consists of 11 members, including 4 independent directors, and has established four specialized committees to enhance decision-making[130]. - The company adheres to strict information disclosure practices, ensuring timely and accurate reporting to all shareholders through designated media[132]. - The company maintains independence in personnel, assets, finance, and operations from its controlling shareholder, with specific commitments to uphold this independence[135]. Market Expansion - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of 2023[151]. - The company plans to launch the globally leading fourth-generation alkaline battery, enhancing product performance and creating greater value for consumers[124]. - The company will further develop its channel network by penetrating lower-tier cities and expanding online sales platforms, aiming for a comprehensive channel integration[126]. Employee Management - The company has a stable management team with many members having over ten years of experience, enhancing its competitive edge in the market[103]. - The company actively recruits recent graduates to understand the consumption needs of younger demographics, ensuring adaptability in a competitive market[103]. - The total remuneration for all directors, supervisors, and senior management in 2021 amounted to 3.1728 million yuan[158]. - The company has a performance-based compensation policy, linking salaries to operational performance[183]. Financial Position - Cash and cash equivalents at the end of the period reached ¥1,127,506,088.04, accounting for 35.99% of total assets, a significant increase of 844.02% compared to the previous period[72]. - The company has significant collateralized assets, with a total value of ¥682,245,761.28, primarily due to bank loans secured by real estate[76]. - The company signed a maximum mortgage contract with Chaohu Rural Commercial Bank for a maximum guarantee amount of CNY 107.05 million, effective from December 29, 2021, to December 29, 2024[79]. Risk Management - The company has established a pandemic response mechanism to ensure normal operations amid ongoing COVID-19 concerns[127]. - The company faces risks from macroeconomic fluctuations that could impact market demand for its battery products[127]. - The company is focused on optimizing its supply chain to mitigate the impact of raw material price fluctuations on profitability[126].

Financial Performance - The company's operating revenue for Q3 2021 was ¥466,531,493.69, a decrease of 4.70% compared to the same period last year[7] - The net profit attributable to shareholders was a loss of ¥11,753,972.37, representing a decline of 133.35% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥12,241,875.87, down 120.77% from the previous year[7] - The basic and diluted earnings per share were both -¥0.10, reflecting a decrease of 150.00% compared to the same period last year[9] - The weighted average return on equity was -1.95%, a decrease of 1.15 percentage points year-on-year[9] - Net profit for the third quarter of 2021 was CNY -17,366,525.50, compared to a net profit of CNY 3,828,890.65 in the same quarter of 2020, indicating a significant decline[37] - Earnings per share for the third quarter of 2021 were CNY -0.16, down from CNY 0.03 in the same quarter of 2020[39] - The company reported a total comprehensive loss of CNY -17,366,525.50 for the third quarter of 2021, compared to a comprehensive income of CNY 3,828,890.65 in the same quarter of 2020[39] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,695,913,627.54, an increase of 0.97% from the end of the previous year[9] - The equity attributable to shareholders decreased to ¥595,889,481.27, down 2.83% from the previous year[9] - Total liabilities amount to ¥1,100,024,146.27, an increase from ¥1,066,317,984.08 year-over-year[32] - Total assets as of September 30, 2021, are ¥1,695,913,627.54, compared to ¥1,679,548,939.85 at the end of 2020[29] - The total liabilities and equity amounted to CNY 1,695,913,627.54, compared to CNY 1,679,548,939.85 previously, reflecting a slight increase[34] - Total assets decreased to CNY 1,679,548,939.85 from CNY 1,756,709,066.65, reflecting a decline of approximately 4.4%[47] - Current assets increased to CNY 519,984,798.68 from CNY 511,360,604.83, showing a growth of about 1.2%[47] - Non-current assets decreased to CNY 1,159,564,141.17 from CNY 1,245,348,461.82, indicating a decline of approximately 6.9%[47] - The total equity attributable to shareholders reached 613,230,955.77, reflecting a strong financial position[53] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥51,261,527.79, a decrease of 23.96% compared to the same period last year[9] - Operating cash flow for the first nine months was CNY 51,261,527.79, a decrease of 24% compared to CNY 67,415,596.65 in the same period last year[42] - Total cash inflow from operating activities was CNY 1,621,499,490.87, slightly down from CNY 1,642,653,944.57 year-on-year[42] - Cash outflow from operating activities totaled CNY 1,570,237,963.08, compared to CNY 1,575,238,347.92 in the previous year[42] - Cash inflow from financing activities was CNY 412,911,951.10, down from CNY 584,191,784.72 in the previous year[45] - Cash outflow from financing activities was CNY 435,989,957.77, compared to CNY 627,396,899.67 last year[45] - The ending cash and cash equivalents balance was CNY 29,177,275.81, down from CNY 53,938,559.32 year-on-year[45] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,012[22] - The largest shareholder, Chen Xuegao, holds 24,916,356 shares, representing 22.25% of total shares[22] - The number of shares held by the top ten shareholders includes significant stakes from Hefei Rongxin and Shenzhen Qianhai Glory Capital[25] Government Support and Subsidies - The company received government subsidies amounting to ¥667,180.10 during the reporting period, contributing to its non-recurring gains[10] Inventory and Receivables - Significant increases were noted in accounts receivable and other receivables, with increases of 325.70% and 76.74% respectively, attributed to higher sales and uncollected equity payments[17] - Accounts receivable increased to ¥37,210,032.93 from ¥8,740,965.25 year-over-year[29] - Inventory decreased to ¥282,880,174.10 from ¥335,337,096.89 year-over-year[29] Future Strategies - The company has not reported any new product developments or market expansion strategies in the current quarter[26] - The company is focusing on market expansion and new product development as part of its future strategy, although specific details were not provided in the report[37]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥847,758,021.60, a decrease of 0.43% compared to ¥851,400,339.33 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was -¥5,612,553.13, representing a decline of 163.31% from ¥8,865,888.10 in the previous year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥6,760,966.37, a decrease of 207.45% compared to ¥6,292,257.66 in the same period last year[23]. - Basic earnings per share for the reporting period were -¥0.05, a decrease of 162.50% from ¥0.08 in the same period last year[23]. - The weighted average return on net assets was -0.92%, a decrease of 2.34 percentage points from 1.42% in the previous year[23]. - The company reported a net profit of CNY 227.34 million for Chaohu Andeli, with total revenue of CNY 497.5876 million[61]. - The company recorded a net loss of CNY 327.96 million for Andeli Industry and Trade, with total revenue of CNY 341.6301 million[61]. - The company reported a net loss of CNY 5,612,553.13, compared to a net profit of CNY 8,865,888.10 in the previous period, indicating a significant decline in profitability[126]. - Operating profit was recorded at CNY -6,099,633.53, a decrease from CNY 12,279,659.04 in the prior period, reflecting operational challenges[126]. - Total profit amounted to CNY -5,919,763.14, down from CNY 12,684,601.66, highlighting a substantial drop in overall financial performance[126]. Cash Flow - The net cash flow from operating activities increased significantly to ¥25,096,698.03, up 380.38% from ¥5,224,304.72 in the previous year[23]. - The net cash flow from investing activities worsened by 120.98%, amounting to -¥27.92 million, compared to -¥12.64 million last year[46]. - The net cash flow from financing activities improved by 186.19%, reaching ¥7.01 million, compared to -¥8.13 million in the same period last year[46]. - The company reported a net cash flow from investing activities of -¥27,921,496.86, worsening from -¥12,635,172.51 in the first half of 2020, indicating increased investment expenditures[137]. - The net cash flow from financing activities improved to ¥7,006,463.83, compared to a negative cash flow of -¥8,128,796.12 in the same period last year[137]. - The company’s cash and cash equivalents increased by ¥4,181,665.00, contrasting with a decrease of -¥15,539,663.91 in the first half of 2020, showing a recovery in liquidity[137]. - The total cash and cash equivalents at the end of the period stood at ¥44,018,320.70, up from ¥40,068,086.52 in the previous year, indicating a positive trend in cash reserves[137]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,698,904,354.57, an increase of 1.15% from ¥1,679,548,939.85 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company were ¥607,643,453.64, a decrease of 0.91% from ¥613,230,955.77 at the end of the previous year[23]. - Total liabilities increased to ¥1,091,260,900.93 from ¥1,066,317,984.08, reflecting a growth of approximately 2.1%[115]. - Total equity attributable to shareholders decreased to ¥607,643,453.64 from ¥613,230,955.77, a decline of about 0.9%[115]. - The company's total current assets as of June 30, 2021, amounted to CNY 475,207,312.85, a decrease of 8.6% from CNY 519,984,798.68 at the end of 2020[110]. - Total current liabilities decreased to CNY 1,007,099,212.28, down from CNY 1,058,258,453.71[113]. - Non-current liabilities totaled CNY 84,161,688.65, a significant increase from CNY 8,059,530.37[113]. Operational Highlights - The company operates 70 stores with a total operating area of 216,400 square meters, focusing on third and fourth-tier cities and rural markets[30]. - The logistics system includes three logistics centers, providing a competitive advantage in distribution capabilities[34]. - The company has a strong brand presence, being a leading retail chain in central Anhui with a 37-year operating history[34]. - The retail industry saw a 23.0% year-on-year growth in total retail sales of consumer goods in the first half of 2021, indicating a competitive market environment[32]. - The company plans to continue expanding its self-operated retail model to enhance its market positioning[33]. - The company is focusing on expanding its digital membership program to enhance customer engagement and retention[41]. - The company plans to accelerate its home delivery and online live streaming business to adapt to changing consumer habits[40]. Corporate Governance - The company held its annual general meeting on May 14, 2021, with resolutions published on May 17, 2021[65]. - The company appointed new directors and management, including the election of Xia Zhubin as Chairman and Yu Bin as General Manager[68]. - The company did not distribute profits or increase capital reserves during the reporting period[69]. - The company has not disclosed any employee stock ownership plans or other incentive measures[72]. - The company confirmed that it will repurchase shares if regulatory authorities identify any false statements or omissions in its prospectus[78]. - The company has a commitment to repurchase shares if the prospectus is deemed misleading, with a plan to be approved by the shareholders' meeting[79]. - The company’s stock lock-up period for major shareholders is set for two years after the expiration of the initial lock-up, with a maximum of 15% of shares allowed for sale[76]. - The company’s management changes were completed successfully during the board and supervisory committee elections held on May 14, 2021[68]. - The company reported no significant litigation or arbitration matters during the reporting period[84]. - The integrity status of the company and its controlling shareholders remained good, with no unfulfilled court judgments or significant overdue debts[88]. Risk Management - There were no significant risks or non-operating fund occupation by controlling shareholders and their related parties reported[7]. - The company has not reported any significant environmental or social responsibility updates during the reporting period[73]. - The company has assessed its continuous operating capability for the next 12 months and found no issues[188]. - The company has not made any changes to the scope of consolidation during the reporting period[186]. - The company’s accounting policies are in accordance with the enterprise accounting standards[189]. Future Outlook - The company plans to continue expanding its market presence and developing new products to enhance growth prospects[179]. - The company is focusing on improving operational efficiency and exploring potential mergers and acquisitions to drive future growth[179]. - The company aims to leverage technological advancements in its product development strategy to meet evolving consumer demands[179].