证券代码：603035 证券简称：常熟汽饰 公告编号:2023-034 截至本公告披露日，顾全根先生未持有本公司股份，与公司其他董事、监 事、高级管理人员及持有公司百分之五以上股份的股东、控股股东及实际控制 人之间不存在关联关系，未受到过中国证监会及其他有关部门的处罚或证券交 易所惩戒的情形，其董事任职资格符合《公司法》、《证券法》、《上海证券 交易所股票上市规则》、《公司章程》、《独立董事制度》等法律法规和规章 制度。 顾全根先生已取得独立董事资格证书，其个人资料以及作为本公司独立董 事候选人的任职资格已由上海证券交易所审核无异议。 顾全根先生的简历详见附件。 特此公告。 江苏常熟汽饰集团股份有限公司 关于选举独立董事的公告 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相关法律责任。 江苏常熟汽饰集团股份有限公司（以下简称"公司"）于 2023 年 8 月 28 日 召开的第四届董事会第二十次会议审议通过了《关于选举独立董事的议案》。 根据中国证监会《上市公司独立董事规则》和《公司章程》等规定，上市 公司独立董事连任时间不得超过 6 ...

证券代码：603035 证券简称：常熟汽饰 公告编号：2023-036 关于召开 2023 年第二次临时股东大会的通知 江苏常熟汽饰集团股份有限公司 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相关法律责任。 重要内容提示： 一、 召开会议的基本情况 召开的日期时间：2023年9月15日 14 点 00 分 召开地点：江苏省常熟市海虞北路 288 号，江苏常熟汽饰集团股份有限公司 5 楼会议室。 (五) 网络投票的系统、起止日期和投票时间。 股东大会召开日期：2023年9月15日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (一) 股东大会类型和届次 2023 年第二次临时股东大会 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结合 的方式 (四) 现场会议召开的日期、时间和地点 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的 投票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运作》 等有关规定执行。 (七) 涉及公开征 ...

证券代码：603035 证券简称：常熟汽饰 公告编号:2023-031 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相关法律责任。 公司对陈良先生任职期间做出的贡献表示衷心感谢！ 特此公告。 根据中国证监会《上市公司独立董事规则》和《公司章程》等规定，上市 公司独立董事连任时间不得超过 6 年。江苏常熟汽饰集团股份有限公司（以下 简称"公司"）独立董事陈良先生自 2017 年 8 月 14 日起在本公司担任独立董 事及董事会专门委员会相关职务，任职达到 6 年上限，任期届满。 公司董事会近日收到陈良先生的离任报告。陈良先生因任期届满卸任本公 司的独立董事职务以及董事会审计委员会的主任委员职务和董事会薪酬与考核 委员会的委员职务，其离任后不再担任本公司的任何职务。 公司将按照有关规定，尽快完成独立董事的补选工作。在公司股东大会选 举产生新一任独立董事之前，陈良先生将继续履行独立董事及董事会专门委员 会的相关职责。 截至本公告披露日，陈良先生未持有本公司股份。 江苏常熟汽饰集团股份有限公司 关于独立董事任期届满离任的公告 江苏常熟汽饰集团 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 844,899,369.28, representing a year-on-year increase of 23.85%[4] - The net profit attributable to shareholders was CNY 92,022,010.67, reflecting a growth of 16.97% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 76,887,586.93, up by 19.25% year-on-year[4] - Total operating revenue for Q1 2023 reached ¥844,899,369.28, an increase of 24% compared to ¥682,169,934.28 in Q1 2022[18] - Net profit for Q1 2023 was ¥91,524,927.00, representing a 20% increase from ¥76,049,479.82 in Q1 2022[20] - The company reported a total comprehensive income of ¥91,522,216.11 for Q1 2023, compared to ¥76,049,479.82 in Q1 2022, showing a 20% increase[21] - Earnings per share for Q1 2023 were ¥0.24, compared to ¥0.22 in Q1 2022, indicating a growth of 9%[21] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 90.68%, amounting to CNY 15,982,479.39[4] - The company reported a net cash outflow from operating activities of ¥246,783,290.41, compared to a net outflow of ¥121,191,287.51 in Q1 2022[31] - Cash and cash equivalents were reported at ¥461,206,906.90, down from ¥731,243,822.48, representing a significant decrease of approximately 37.03%[13] - Cash and cash equivalents at the end of Q1 2023 stood at ¥187,644,867.56, down from ¥384,195,199.74 at the end of Q1 2022, indicating a decrease of 51.1%[23] - The company's cash inflow from financing activities was ¥564,413,754.29, an increase from ¥480,972,775.30 in Q1 2022, reflecting a growth of 17.4%[23] - The company’s cash outflow for financing activities increased to ¥604,680,781.46 from ¥494,440,782.87, marking a rise of 22.3%[23] Assets and Liabilities - The total assets at the end of the reporting period were CNY 8,640,463,723.26, an increase of 1.20% from the end of the previous year[4] - Total liabilities as of Q1 2023 amounted to ¥3,911,933,189.75, slightly up from ¥3,901,223,546.97 in the previous year[16] - The company's total liabilities decreased to ¥1,462,849,073.52 from ¥1,721,742,130.53, representing a reduction of 15.0%[25] - The total cash inflow from investment activities was ¥256,296,415.19, compared to ¥234,012,763.10 in Q1 2022, indicating a growth of 9.5%[32] Research and Development - Research and development expenses rose by 42.56%, driven by increased personnel costs and expenses related to new technology development[7] - Research and development expenses increased to ¥35,825,842.76 in Q1 2023, up from ¥25,130,634.11 in Q1 2022, marking a 43% rise[20] - Research and development expenses decreased to ¥2,033,477.98 in Q1 2023 from ¥3,043,330.41 in Q1 2022, a reduction of 33.2%[28] Operational Costs - Total operating costs for Q1 2023 were ¥780,674,610.15, up from ¥630,949,225.45 in Q1 2022, reflecting a 24% increase[18] - The company reported a significant increase in sales expenses by 83.87%, attributed to new overseas operations[7] - Financial expenses for Q1 2023 were ¥11,738,162.74, a decrease from ¥12,858,756.81 in Q1 2022[20] - Financial expenses decreased to ¥3,983,181.69 in Q1 2023 from ¥5,222,339.09 in Q1 2022, a decline of 23.7%[28] Investments - The cash flow from investment activities increased by 634.22%, due to new factory constructions and expansions[7] - The company achieved an investment income of ¥30,701,071.22 in Q1 2023, slightly down from ¥31,064,382.48 in Q1 2022[28] - The company's long-term equity investments were valued at ¥2,077,376,652.74, a slight increase from ¥2,050,487,859.23, indicating a growth of approximately 1.30%[14] - The company’s long-term equity investments rose slightly to ¥3,092,283,114.70 from ¥3,061,582,043.48, an increase of 1.0%[24] Miscellaneous - The company has not disclosed any significant new product developments or market expansion strategies in the current report[12] - There are no significant changes in shareholder structure or related party transactions reported for the period[11]

Financial Performance - The company's operating revenue for 2022 was CNY 3,665,672,152.18, representing a 39.73% increase compared to CNY 2,623,377,283.62 in 2021[22]. - Net profit attributable to shareholders for 2022 was CNY 511,716,777.22, a growth of 21.76% from CNY 420,274,121.65 in the previous year[22]. - The basic earnings per share for 2022 increased to CNY 1.37, up 15.13% from CNY 1.19 in 2021[23]. - The company's total assets reached CNY 8,538,231,864.37 at the end of 2022, marking a 13.61% increase from CNY 7,515,389,269.92 in 2021[22]. - The cash flow from operating activities for 2022 was CNY 415,259,452.77, which is a 21.94% increase compared to CNY 340,530,476.24 in 2021[22]. - The net profit after deducting non-recurring gains and losses was RMB 455.47 million, up 30.99% year-on-year[30]. - The company reported a significant increase in cash flow due to rising operating revenue, indicating strong financial health moving forward[24]. Dividend and Profit Distribution - The profit distribution plan for 2022 proposes a cash dividend of 4.04 RMB per 10 shares, totaling approximately 153.53 million RMB, which represents 30% of the net profit attributable to ordinary shareholders[5]. - The company distributed cash dividends of 3.496 RMB per 10 shares to shareholders based on the total share capital as of the equity registration date[38]. - The company plans to maintain the cash distribution ratio even if there are changes in total share capital before the dividend distribution date[5]. - The company has a cash dividend policy that requires 10% of the annual after-tax profit to be allocated to statutory reserves, with the accumulated statutory reserve exceeding 50% of registered capital[145]. Risk Management - There are no significant risks that could materially affect the company's operations during the reporting period[8]. - The company has detailed various risks it may face in its operations, which are elaborated in the management discussion and analysis section[8]. - The report includes a forward-looking statement risk declaration, indicating that future plans do not constitute a commitment to investors[6]. Corporate Governance - The company emphasizes strict compliance with corporate governance standards, ensuring the protection of shareholder interests and maintaining a transparent decision-making process[103]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[105]. - The supervisory board, comprising 3 members, effectively monitors the company's operations and financial status, ensuring compliance and protecting shareholder rights[106]. - The company actively engages with investors through various channels, including performance briefings and feedback sessions, to maintain transparent communication and address stakeholder concerns[107]. Research and Development - The company has strengthened its technology research and development, particularly in the smart cockpit business, which is aligned with the industry's trend towards electronic and integrated automotive interiors[31]. - The company is investing in a fully water-based automatic paint line to replace organic solvent-based paints, enhancing environmental sustainability[36]. - The company plans to expand its international talent pool and strengthen its R&D capabilities through partnerships with universities[60]. - The number of R&D personnel is 745, representing 16.50% of the total workforce, indicating a strong focus on innovation[74]. Market Expansion and Strategy - The company plans to continue expanding its market presence and enhancing product offerings in response to growing demand in the automotive sector[24]. - The company aims to enhance its core competitiveness by focusing on the development of intelligent cockpit systems and modular products, with a strategic goal to become a comprehensive supplier in the automotive interior segment within 3-5 years[91]. - The company has established partnerships with three major automotive manufacturers to enhance distribution channels and increase sales volume[118]. - The company is actively expanding its market share by optimizing its customer structure and enhancing service offerings in response to supply chain challenges[34]. Sustainability and Environmental Initiatives - The company is committed to exploring carbon neutrality solutions and enhancing its core competitiveness through green sustainable development practices[35]. - The company implemented measures to reduce carbon emissions by 15,340 tons annually through the use of clean energy and new technologies[160]. - The company has received the "Green Factory" title for three subsidiaries, reflecting its commitment to sustainable development[158]. - The company has established a comprehensive environmental management system to minimize negative impacts on the environment[159]. Employee Management and Development - The company is committed to employee training and development, focusing on skills enhancement and management talent cultivation[144]. - The company’s management salary scheme is designed to motivate senior executives and improve operational efficiency[137]. - The salary adjustment plan aims to enhance employee productivity and align with the company's five-year strategic development plan[139]. Subsidiaries and Investments - The company has established 14 production bases across various cities, enhancing its manufacturing capabilities[41]. - The company has established a subsidiary management system to enhance operational efficiency and risk control[152]. - The company established a new subsidiary in Zhaoqing, Guangdong to meet the rapidly growing demand in the new energy market and enhance service quality for customers[135]. Related Party Transactions - The company commits to avoiding and minimizing related party transactions with other controlled entities to protect the interests of minority shareholders[178]. - In case of unavoidable related party transactions, the company will ensure fair pricing in accordance with market standards to maintain shareholder interests[178]. - The company guarantees not to misuse its position to harm the rights of shareholders through related party transactions[178]. Future Outlook - The company provided a positive outlook for 2023, projecting a revenue growth of 25% driven by new product launches and market expansion[111]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[111]. - The company aims to achieve carbon neutrality in its manufacturing processes by 2025, aligning with global sustainability trends[114].

证券代码：603035 证券简称：常熟汽饰 公告编号:2023-012 江苏常熟汽饰集团股份有限公司 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法律责任。 重要内容提示： （http://roadshow.cnstock.com/） ● 会议召开方式：网络平台在线交流 ● 投资者可在业绩说明会召开日前，提前将需要了解的情况和有关问题通 过电子邮件发送至公司证券部邮箱 csqs@caip.com.cn。公司将在本次业绩说明 会上对投资者普遍关注的问题进行交流。 江苏常熟汽饰集团股份有限公司（全文简称"公司"）于 2023 年 4 月 18 日在上海证券交易所网站（www.sse.com.cn）及指定信息披露媒体披露了《江 苏常熟汽饰集团股份有限公司 2022 年年度报告》。为了便于广大投资者更全面 深入了解公司 2022 年度业绩和生产经营等情况，公司计划于 2023 年 4 月 28 日 13:00-14:00 通过上海证券报.中国证券网（http://roadshow.cnstock.co ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,044,260,176.75, representing a year-on-year increase of 73.86%[5] - Net profit attributable to shareholders for Q3 2022 was ¥169,176,909.18, a significant increase of 163.43% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses for Q3 2022 was ¥156,267,418.98, up 175.66% year-on-year[5] - Basic earnings per share for Q3 2022 reached ¥0.44, reflecting a growth of 158.82% compared to the previous year[7] - Total revenue for the first three quarters of 2022 reached ¥2,580,912,898.55, a significant increase from ¥1,807,109,739.75 in the same period of 2021, representing a growth of approximately 43%[39] - Operating profit for the current period was CNY 299,509.53, a recovery from a loss of CNY 1,057,719.30 in the previous period[42] - The total comprehensive income for the period was CNY 365,947,011.96, compared to CNY 270,973,236.00 in the previous year, indicating a growth of approximately 35%[43] - The company reported a significant increase in investment income, which rose to CNY 156,787,818.14 from CNY 189,597,879.91, showing a decrease of about 17%[42] - The total comprehensive income for the first three quarters of 2022 was ¥152,161,671.65, down from ¥239,643,483.45 in the same period of 2021[62] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥8,029,505,294.75, an increase of 6.84% from the end of the previous year[7] - Total assets increased to ¥8,029,505,294.75 from ¥7,515,389,269.92, reflecting a growth of about 6.8%[37] - Total liabilities rose to ¥3,528,259,394.94, compared to ¥3,401,554,694.80, indicating an increase of approximately 3.7%[38] - Current assets totaled ¥2,946,206,927.50, up from ¥2,434,838,833.09, marking an increase of around 21%[37] - Inventory levels increased to ¥528,964,977.66 from ¥462,852,131.43, showing a growth of about 14.3%[37] - Accounts receivable rose to ¥1,307,232,953.22 from ¥917,091,122.94, reflecting an increase of approximately 42.6%[37] - Total liabilities decreased to 1,464,667,579.64 RMB from 1,557,564,990.18 RMB year-over-year[56] - Owner's equity increased to 3,494,945,447.35 RMB, up from 3,321,319,462.97 RMB in the previous year[56] Cash Flow - The company received cash dividends contributing to a net cash flow from investing activities of -37.32 million[20] - The company reported a net cash outflow from operating activities of ¥381,802,999.05 for the first three quarters of 2022, compared to a net outflow of ¥209,711,193.58 in the same period of 2021[65] - Cash flow from investment activities for the first three quarters of 2022 was a net inflow of ¥511,807,737.80, an increase from ¥395,237,491.23 in the previous year[65] - The company raised ¥941,452,942.46 from financing activities in the first three quarters of 2022, compared to ¥99,099,645.96 in the same period of 2021[65] Expenses - Research and development expenses rose by 30.47%, reflecting an increase in personnel and optimization costs for molds and equipment[20] - Sales expenses decreased by 27.11% due to a reduction in packaging costs[20] - Management expenses decreased by 19.07% as a result of lower equipment and mold maintenance costs[20] - Financial expenses decreased by 23.99% due to reduced interest accruals from convertible bonds and bank loans[20] - The company’s financial expenses decreased to CNY 36,624,522.04 from CNY 48,182,618.31, representing a reduction of approximately 24%[42] - Research and development expenses decreased to ¥4,146,482.78 in the first three quarters of 2022 from ¥7,042,303.69 in the same period of 2021[60] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,085[21] - The largest shareholder, Luo Xiaochun, holds 108,793,719 shares, representing 28.63% of total shares[21] Future Outlook - The company plans to continue expanding its new energy vehicle business and expects to meet its annual budget expectations[8]

Financial Performance - The company's operating revenue for Q1 2022 was RMB 682,169,934.28, representing a year-on-year increase of 12.21%[4] - The net profit attributable to shareholders decreased by 23.75% to RMB 78,670,156.22 compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 29.90% to RMB 64,475,046.19[4] - The basic earnings per share decreased by 26.67% to RMB 0.22, while diluted earnings per share decreased by 25.00% to RMB 0.21[4] - The net profit attributable to shareholders was 78.67 million RMB, a decrease of 23.75% year-on-year, primarily due to lower production from certain automotive clients affected by the pandemic and supply chain issues[18] - Net profit for Q1 2022 was ¥76.05 million, a decrease of 24.2% compared to ¥100.33 million in Q1 2021[30] - Total comprehensive income for Q1 2022 was ¥76.05 million, compared to ¥100.33 million in Q1 2021, indicating a decline of 24.2%[30] - Operating profit for Q1 2022 was ¥90.52 million, down from ¥113.16 million in Q1 2021, representing a decrease of 20.0%[28] - Net profit for the quarter was ¥29,207,473.79, down from ¥65,212,043.15, indicating a decline of approximately 55.2% year-over-year[44] - The company reported a total profit of ¥29,140,649.85, down from ¥65,141,806.10, reflecting a decrease of about 55.3%[44] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 115.03% to RMB 171,442,748.14[4] - Cash and cash equivalents as of March 31, 2022, amounted to 572.17 million RMB, up from 442.56 million RMB at the end of 2021[19] - The net cash flow from investing activities was -42,823,902.94 RMB, compared to -56,190,112.63 RMB in the previous period, indicating an improvement[36] - The net cash flow from financing activities was -13,468,007.57 RMB, a significant decrease from -136,890,760.39 RMB year-over-year[36] - The company's cash and cash equivalents at the end of the period were 384,195,199.74 RMB, compared to 247,231,909.25 RMB at the end of the previous year, representing a substantial increase of 55.3%[36] - The net increase in cash and cash equivalents was 115,017,275.55 RMB, compared to a decrease of -111,544,258.59 RMB in the previous period, indicating a positive cash flow shift[36] - Cash flow from operating activities for Q1 2022 was ¥171.44 million, significantly higher than ¥79.73 million in Q1 2021[34] - Operating cash flow showed a significant outflow of ¥121,191,287.51 compared to an outflow of ¥39,626,473.75 in the previous year, reflecting a worsening cash flow situation[47] - Cash and cash equivalents at the end of the period increased to ¥295,961,499.31 from ¥139,499,315.94, a rise of about 112.5%[49] Assets and Liabilities - Total assets at the end of the reporting period were RMB 7,583,099,250.80, a slight increase of 0.9% from the end of the previous year[4] - Total assets reached 7.58 billion RMB, compared to 7.52 billion RMB at the end of 2021[23] - Total liabilities were 3.37 billion RMB, a slight decrease from 3.40 billion RMB at the end of 2021[26] - The total liabilities increased to 1,665,425,909.72 RMB from 1,557,564,990.18 RMB, representing an increase of approximately 6.9%[41] - The company's long-term equity investments decreased to 2,975,651,252.45 RMB from 3,019,585,369.97 RMB, a decline of about 1.5%[39] - Accounts receivable stood at 850.96 million RMB, down from 917.09 million RMB at the end of 2021[19] - Inventory decreased to 436.57 million RMB from 462.85 million RMB at the end of 2021[19] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 2.52% to RMB 4,204,537,655.62 compared to the end of the previous year[4] - The company's total equity attributable to shareholders was 4.20 billion RMB, an increase from 4.10 billion RMB at the end of 2021[26] - The number of ordinary shareholders at the end of the reporting period was 28,560[11] Research and Development - The company experienced a 32.04% increase in R&D expenses due to hiring more personnel and optimizing production processes[11] - Research and development expenses increased to ¥25.13 million in Q1 2022, compared to ¥19.03 million in Q1 2021, reflecting a 32.2% rise[28] - R&D expenses increased to ¥3,043,330.41 from ¥2,815,517.09, representing a growth of approximately 8.1% year-over-year[44] Investment Income - Non-recurring gains and losses amounted to RMB 14,195,110.03, with government subsidies contributing RMB 11,020,451.61[8] - Investment income for Q1 2022 was ¥31.06 million, down 57.6% from ¥73.29 million in Q1 2021[28] - The company’s investment income decreased significantly to ¥31,064,382.48 from ¥73,285,160.43, a drop of approximately 57.6%[44]

Financial Performance - The company reported a revenue of RMB 1.2 billion for the fiscal year 2021, representing a year-on-year growth of 15%[18]. - The net profit for the same period was RMB 150 million, an increase of 10% compared to the previous year[18]. - The company achieved operating revenue of RMB 2,662.72 million, a year-on-year increase of 20.06%[37]. - Net profit attributable to shareholders reached RMB 420.27 million, up 16.15% year-on-year, while net profit excluding non-recurring gains and losses was RMB 347.72 million, an increase of 17.61%[37]. - The company aims to achieve a revenue target of RMB 1.5 billion for the next fiscal year, reflecting a growth forecast of 25%[18]. - The company reported a significant increase in revenue, reaching $1.5 billion, representing a 20% year-over-year growth[144]. - The company provided guidance for the next quarter, expecting revenue to be between $1.6 billion and $1.7 billion, indicating a growth of 7% to 13%[144]. - The company reported a net profit margin of 12%, reflecting improved operational efficiency compared to the previous year[129]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 3.496 CNY per 10 shares, totaling approximately 126.12 million CNY, which represents 30% of the net profit attributable to ordinary shareholders[6]. - The total share capital as of December 31, 2021, is 360,749,112 shares, which will be the basis for the cash dividend distribution[6]. - The company distributed a cash dividend of 3.164 yuan per 10 shares to all shareholders during the reporting period, as part of its shareholder return plan for 2019-2021[43]. - The company reported a positive profit available for distribution to shareholders but did not propose a cash profit distribution plan, necessitating disclosure of reasons and future usage plans for undistributed profits[181]. Research and Development - The company has allocated RMB 50 million for research and development in new technologies for automotive parts[18]. - The company is investing 200 million RMB in R&D for new technologies aimed at enhancing product efficiency[129]. - Research and development expenses increased by 43.62% to RMB 97,122,910.43, reflecting a focus on innovation[61]. - The company has 16 invention patents, 261 utility model patents, and 4 design patents, showcasing its commitment to innovation[58]. - The company is focusing on developing new technologies and products to meet market demands and improve competitiveness[123]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2023[18]. - The company aims to meet the growing demand for electric vehicles, having already engaged with brands like Tesla and NIO in the rapidly developing new energy vehicle sector[45]. - The company plans to expand its market presence by entering three new regions in the upcoming year, aiming for a 10% market share increase[132]. - The company is exploring potential acquisitions to further enhance its product offerings and market presence[129]. - The company is establishing overseas R&D centers and diversifying its customer base to accelerate its global market expansion[105]. Corporate Governance - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal requirements and effective decision-making processes[113]. - The supervisory board, composed of 3 members, effectively monitored the company's management and financial reporting, safeguarding the interests of all shareholders, especially minority shareholders[116]. - The company maintained strict compliance with corporate governance regulations, ensuring the governance structure aligns with the requirements of the Company Law and the Guidelines for Corporate Governance of Listed Companies[113]. - The company has established a dedicated securities department to ensure timely and accurate information disclosure, maintaining transparency for all shareholders[116]. - The company has implemented measures to maintain independence from its controlling shareholders, ensuring no conflicts of interest arise[117]. Sustainability and Environmental Responsibility - The company has invested in distributed photovoltaic power generation projects and geothermal heat pumps, contributing to significant energy savings and emissions reduction[191]. - The company has implemented measures to reduce carbon emissions, resulting in an annual reduction of approximately 6,000 tons of CO2, 42 tons of SO2, and 18 tons of NOx[191]. - The company has established a comprehensive responsibility system for environmental management, integrating it into every production process[193]. - The company has received the "Green Factory" title for three of its subsidiaries, reflecting its commitment to sustainable development and environmental responsibility[190]. - The company is actively pursuing new product development in lightweight materials and carbon fiber, aligning with national carbon neutrality goals[193]. Operational Efficiency - The gross margin improved to 35%, up from 32% in the previous year, indicating better cost management[18]. - The company has implemented a comprehensive quality management system to prevent defective products from reaching the market, ensuring high standards of production[49]. - The company has reduced sales expenses by 7.07% due to decreased packaging costs[61]. - The company has reported a decrease in financial expenses by 33.45%, indicating improved financial management[61]. - The company is committed to improving production efficiency through automation and flexible manufacturing, aiming to enhance product quality and stability[107]. Strategic Partnerships and Acquisitions - The acquisition of a 25% stake in WAY People+ for 380,000 EUR and WAY Business for 920,000 EUR was completed, resulting in the company holding 55% of both entities, which will enhance its R&D capabilities in the automotive sector[11]. - The company has established strategic partnerships with major automotive manufacturers, including Beijing Benz and NIO, to enhance its smart cockpit technology[37]. - A strategic acquisition of a local competitor is anticipated to enhance production capacity by 30%[18]. - The company completed a strategic acquisition of a competitor for $300 million, expected to enhance product offerings and market presence[144]. Employee and Management Structure - The total number of employees in the company and its main subsidiaries is 4,152, with 3,027 in production roles and 671 in technical positions[173]. - The company has implemented a structured training program for employees to improve skills and align talent with strategic goals[175]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 9.7257 million yuan[148]. - The remuneration for directors, supervisors, and senior management is determined based on the company's operating performance and individual responsibilities, reviewed by the compensation and assessment committee[148]. Risk Management - The company has outlined potential risks in its management discussion and analysis section, advising investors to be cautious[8]. - The company faces risks from the cyclical nature of the automotive industry and potential impacts from macroeconomic fluctuations, including rising raw material and labor costs[108]. - The company is addressing the risk of a shortage of international management and R&D teams by acquiring the German WAY Group to enhance its international capabilities[111].

Revenue and Profit - Revenue for Q3 2021 reached ¥600,630,057.19, an increase of 11.39% year-over-year, while year-to-date revenue was ¥1,807,109,739.75, up 24.81% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2021 was ¥64,220,069.80, a decrease of 36.41% year-over-year, with year-to-date net profit at ¥277,709,948.62, an increase of 25.15%[6]. - The basic earnings per share for Q3 2021 was ¥0.17, down 45.16% year-over-year, while diluted earnings per share was ¥0.16, down 54.29%[6]. - Net profit for the third quarter of 2021 was ¥270,973,236.00, compared to ¥215,011,935.83 in the same quarter of 2020, representing an increase of approximately 26%[33]. - The total comprehensive income attributable to the parent company was CNY 277,709,948.62, compared to CNY 221,894,755.34 in the previous year, representing an increase of approximately 25.2%[35]. Assets and Liabilities - The company's total current assets as of September 30, 2021, amounted to ¥2,138,570,700.33, a decrease from ¥2,317,403,365.22 in the previous year[25]. - The company's total assets as of September 30, 2021, were ¥7,120,672,573.69, slightly down from ¥7,152,443,433.64 in the previous year[25]. - The company's total liabilities decreased to ¥3,138,297,687.26 from ¥3,480,978,218.99, indicating a reduction of about 9.8%[28]. - The company's total non-current liabilities decreased to ¥702,567,580.26 from ¥763,103,543.10, reflecting a decline of approximately 7.9%[28]. - The total equity attributable to shareholders increased to ¥3,961,321,875.58 from ¥3,651,469,750.88, marking a growth of approximately 8.5%[30]. Cash Flow - Cash inflow from operating activities totaled CNY 2,061,872,860.48, up from CNY 1,627,800,980.95, indicating a rise of approximately 26.6%[39]. - Cash outflow from investing activities was CNY 227,285,288.32, significantly reduced from CNY 719,819,384.98, showing a decrease of about 68.5%[40]. - Net cash flow from financing activities was negative at CNY -302,563,917.70, compared to CNY -353,902,397.19 in the previous year, indicating an improvement[40]. - The net increase in cash and cash equivalents was CNY -150,510,863.71, compared to CNY -555,825,949.91 in the previous year, showing a reduction in cash outflow[40]. - The total cash and cash equivalents at the end of the period stood at CNY 201,804,784.77, compared to CNY 231,153,054.40 in the previous year, representing a decrease of about 12.6%[40]. Operational Performance - The decline in net profit was primarily due to lower-than-expected production from high-end automotive clients affected by chip shortages, despite a 15% increase in net profit from new energy vehicle clients[10]. - The company reported a 31.41% increase in construction in progress, attributed to increased equipment investment for new projects[14]. - The company has experienced a 39.10% decrease in selling expenses due to the new revenue recognition standards affecting transportation costs[16]. - Research and development expenses for the first three quarters of 2021 amounted to ¥63,446,528.24, up from ¥49,035,615.83 in 2020, reflecting a rise of about 29.5%[30]. - The company plans to continue expanding its market presence and investing in new technologies to enhance production capabilities[10]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 36,239[18]. - The largest shareholder, Luo Xiaochun, holds 108,793,719 shares, representing 30.16% of total shares[18]. Other Financial Metrics - Non-recurring gains and losses for Q3 2021 totaled ¥7,531,526.02, with significant contributions from government subsidies and other non-operating income[13]. - Accounts receivable financing decreased by 36.77% due to higher payments made during the period, while prepayments increased by 67.36% due to higher advance payments for utilities[14]. - Accounts receivable increased to ¥714,714,750.00 from ¥672,230,258.66 year-over-year[25]. - Long-term equity investments rose to ¥1,979,647,474.34 from ¥1,870,491,572.46 year-over-year[25]. - The company reported cash and cash equivalents of ¥409,457,977.07, down from ¥544,295,007.96 in the previous year[22]. Future Outlook - The company has not provided specific future guidance or market expansion strategies in the current report[21]. - There are no mergers or acquisitions mentioned in the current reporting period[21]. - The company has no significant new product launches or technological developments reported in the current quarter[21].