综上所述，我们同意董事会聘任贾洁女士为公司董事会秘书，任期自董事会审议通过之 日起，至公司第四届董事会任期届满日止，并同意其薪酬方案。 上海凯众材料科技股份有限公司独立董事 关于第四届董事会第八次会议相关事项的独立意见 根据《上海证券交易所股票上市规则》《上市公司独立董事规则》《上海证券交易所上市 公司自律监管指引第 1 号——规范运作》等法律、法规和规范性文件及《公司章程》的相关 规定，我们作为上海凯众材料科技股份有限公司（以下简称"公司"）的独立董事，经认真审 查相关资料后，对公司第四届董事会第八次会议审议的相关事项，发表如下独立意见： 一、关于聘任公司董事会秘书及确定其薪酬的议案 经认真审阅公司本次聘任的董事会秘书贾洁女士的履历等材料，我们认为，贾洁女士具 备担任相应职务的管理能力、专业知识和技术水平，能够胜任相关职责的要求；未发现其存 在《公司法》和《公司章程》等规定的不得担任高级管理人员的情形，亦未发现其存在被中国 证监会及上海证券交易所确定为市场禁入者的现象，其任职资格符合担任公司高级管理人员 的条件。公司本次聘任董事会秘书的提名、审议、表决程序符合《公司法》和《公司章程》的 规定。 公司本次确定 ...

证券代码：603037 证券简称：凯众股份 公告编号：2023-039 上海凯众材料科技股份有限公司 关于召开2023年半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： 上海凯众材料科技股份有限公司（以下简称"公司"）将于 2023 年 8 月 22 日在上海证券交易所网站（www.sse.com.cn）披露《2023 年半年度报告》及《2023 年半年度报告摘要》。为便于广大投资者更加全面深入地了解公司经营业绩、发 展战略等情况，公司定于 2023 年 08 月 25 日（星期五）13:30-15:00 在"价值在 线"（www.ir-online.cn）举办上海凯众材料科技股份有限公司 2023 年半年度 二、参加人员 董事长 杨建刚先生，财务总监 贾洁女士，独立董事 周源康先生（如遇特 殊情况，参会人员可能进行调整）。 三、投资者参加方式 会议召开时间：2023 年 08 月 25 日（星期五）13:30-15:00 会议召开地点：价值在线（www.ir-online.cn） 会议召 ...

证券代码：603037 证券简称：凯众股份 公告编号：2023-032 上海凯众材料科技股份有限公司 关于召开2022年度暨2023年第一季度业绩 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： 上海凯众材料科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 25 日在上海证券交易所网站（www.sse.com.cn）披露了《2022 年年度报告》及《2022 年年度报告摘要》。为便于广大投资者更加全面深入地了解公司经营业绩、发展 战略等情况，公司定于 2023 年 06 月 09 日（星期五）13:30-15:00 在"价值在线" 会议召开时间：2023 年 06 月 09 日（星期五）13:30-15:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：线上会议 会议问题征集： 投 资 者 可 于 2023 年 06 月 09 日 前 访 问 网 址 https://eseb.cn/14sHWokCcMw 或使用微信扫描下方二维码在报名时进行 会前提问， ...

2023 年第一季度报告 证券代码：603037 证券简称：凯众股份 上海凯众材料科技股份有限公司 2023 年第一季度报告 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 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。 | 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 | 124,854,088.64 | | 3.4 | | 归属于上市公司股东的净利润 | 8,164,886.66 | | -34.1 | | 归属于上市公司股东的扣除非经常 | 5,866,543.01 | | -53.10 | | 性损益的净利润 | | | | | 经营活动产生的现金流量净额 | -24,947,352.57 | | 不适用 | | 基本每股收益（元/股） | 0.08 | | -33.5 | 重要内容提示 1 / 18 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 ...

Financial Performance - The company reported an undistributed profit of RMB 78,046,634.84 as of December 31, 2022[6]. - The company's operating revenue for 2022 was CNY 642,019,307.92, representing a 17.07% increase compared to CNY 548,400,898.67 in 2021[26]. - The net profit attributable to shareholders for 2022 was CNY 78,046,634.84, a decrease of 7.33% from CNY 84,217,736.13 in 2021[26]. - The net cash flow from operating activities decreased by 43.01% to CNY 67,872,429.48 in 2022 from CNY 119,097,110.98 in 2021[27]. - The total assets at the end of 2022 were CNY 1,100,364,298.97, an increase of 6.37% from CNY 1,034,454,589.62 at the end of 2021[27]. - Basic earnings per share for 2022 were CNY 0.75, down 6.25% from CNY 0.80 in 2021[28]. - The weighted average return on equity for 2022 was 8.88%, a decrease of 0.64 percentage points from 9.52% in 2021[28]. - The company reported a net profit of CNY 26,363,461.83 in Q4 2022, which was the highest quarterly profit for the year[30]. - The net profit after deducting non-recurring gains and losses for 2022 was CNY 63,262,340.95, a decrease of 20.47% from CNY 79,549,727.01 in 2021[27]. - The total net assets attributable to shareholders at the end of 2022 were CNY 863,138,644.97, a decrease of 3.04% from CNY 890,204,271.56 at the end of 2021[27]. Shareholder Returns - A cash dividend of RMB 6 per 10 shares (including tax) and a capital reserve increase of 3 shares for every 10 shares is proposed for distribution[6]. - The total cash dividend amount for 2021 is 62,682,798 RMB, which represents 80.31% of the net profit attributable to ordinary shareholders in the consolidated financial statements[164]. - The total dividend amount, including cash and stock, is 106,888,899.62 RMB, accounting for 136.96% of the net profit attributable to ordinary shareholders[164]. - The expected cash dividend for 2022 is 62.68 million yuan (including a repurchase amount of 106.89 million yuan), representing 80.31% of the net profit attributable to ordinary shareholders[183]. Market and Product Development - The company secured new projects valued at approximately 380 million yuan in 2022, meeting its annual budget target, and generated 120 million yuan in revenue from new products[38]. - The company sold approximately 10 million units of shock-absorbing components for new energy vehicles, capturing about 38% of the new energy passenger vehicle market[43]. - The company sold around 733,000 units of lightweight pedal assemblies for new energy vehicles, accounting for approximately 11% of the new energy passenger vehicle market[44]. - The company’s polyurethane shock-absorbing components have been recognized for their excellent performance, particularly in new energy vehicle applications, expanding their usage to electric motor mounts and battery pack housings[43]. - The company has made significant progress in product development, with new products achieving mass production and receiving positive feedback from major clients such as NIO and Xpeng[39]. Research and Development - The company continues to invest in R&D for new materials, which will help control product costs amid fluctuating raw material prices, enhancing its competitive edge[40]. - In 2022, the company applied for 29 patents, bringing the total number of patent applications to 178, with 131 patents granted, including 24 invention patents related to material technology[63]. - The company’s R&D on suspension systems is progressing as planned, with 1/4 test bench equipment now in use, improving its systematic R&D capabilities[62]. - The company plans to increase investment in automotive big data product development in 2023 to better empower clients in software-defined vehicles[63]. - R&D expenses totaled ¥59.05 million, accounting for 9.20% of total revenue, indicating a strong commitment to innovation[81]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from Zhonghua Accounting Firm[5]. - The board of directors and management have confirmed the accuracy and completeness of the annual report[4]. - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[7]. - The company has established a strict procurement process and supplier evaluation system to enhance operational efficiency and market competitiveness[53]. - The company has maintained compliance with environmental regulations, undergoing audits for IATF16949, ISO14001, and ISO45001 management systems[185]. Strategic Partnerships and Market Expansion - The company has established strong strategic partnerships with major domestic automakers, including SAIC Volkswagen and BYD, and is also a supplier to international brands like Porsche and Audi[47]. - The company is actively expanding its international business, collaborating with renowned global automotive companies such as Porsche and Audi[64]. - The company plans to invest 1 million USD in establishing a wholly-owned subsidiary and production base in Mexico, with the initial investment phase underway[103]. - The company aims to achieve the number one market share in the domestic market for buffer blocks and double its international market share within five years[115]. - The company plans for new business revenue to account for 20% within five years and 50% within ten years, focusing on areas such as active suspension systems and intelligent driving systems[116]. Employee and Management Changes - The company appointed Gu Weiwei as the new CFO effective December 30, 2022, following the resignation of the previous CFO Huang Hai[138]. - Li Jicheng was appointed as the Vice General Manager in charge of sales on March 23, 2023[137]. - The company completed the board and supervisory committee restructuring in August 2022, with several key personnel changes[138]. - The company has a focus on enhancing its research and development capabilities, with Zhang Zhongqiu as the Executive Deputy General Manager overseeing operations[138]. - The total remuneration for directors, supervisors, and senior management amounted to 7.698 million yuan[142]. Environmental and Social Responsibility - The company invested 55.7 million RMB in environmental protection during the reporting period[172]. - The company received an administrative penalty of 230,000 RMB for exceeding wastewater discharge standards by more than 100% but has since rectified the issue[173]. - The company implemented measures to reduce carbon emissions, achieving a reduction of 538 tons of CO2 equivalent through the use of photovoltaic power generation[177]. - The company established a new wastewater treatment system that meets the Shanghai municipal discharge standards[176]. - The company has developed and implemented various environmental protection policies to manage waste and emissions effectively[175]. Risks and Challenges - The company faces risks from macroeconomic fluctuations, including sensitivity to economic cycles and potential impacts from US-China trade tensions[119]. - The company is exposed to exchange rate fluctuations that may affect product sales and procurement costs[120]. - The company is at risk from raw material price volatility, which could impact gross margins and overall financial performance[122]. - The company has not faced any penalties from securities regulatory agencies in the past three years[144]. - The company has not faced any delisting risks during the reporting period[196].

Financial Performance - The company's operating revenue for Q3 2022 was ¥166,587,598.85, representing a year-on-year increase of 33.22%[5] - The net profit attributable to shareholders for the same period was ¥24,876,229.73, an increase of 18.07% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥20,981,175.42, reflecting a modest increase of 3.73% year-on-year[5] - Basic and diluted earnings per share for the quarter were both ¥0.24, an increase of 18.07% compared to the same period last year[6] - The weighted average return on equity was 2.99%, an increase of 26.52% compared to the previous year[6] - Total operating revenue for the first three quarters of 2022 reached ¥439,311,244.45, an increase from ¥376,250,903.57 in the same period of 2021, representing a growth of approximately 16.7%[19] - Net profit for the third quarter of 2022 was ¥53,541,914.48, a decrease from ¥65,616,829.29 in the same quarter of 2021, reflecting a decline of approximately 18.4%[21] - The net profit for the first three quarters of 2022 was ¥37,877,134.49, a decrease of 36.5% from ¥59,662,050.80 in the same period of 2021[28] - The net profit for Q3 2022 was ¥35,732,214.76, a decrease of 34.2% compared to ¥54,214,826.94 in Q3 2021[29] Cash Flow and Liquidity - The cash flow from operating activities showed a significant decline of 90.84%, amounting to ¥5,387,796.22, primarily due to changes in collection structure and increased cash outflows for raw material purchases and employee payments[6][10] - The net cash flow from operating activities for Q3 2022 was ¥5,387,796.22, a decrease of 90.8% compared to ¥58,798,940.75 in Q3 2021[24] - Cash inflow from operating activities totaled ¥329,575,297.88, a decline of 10.3% compared to ¥367,321,903.43 in the previous year[32] - Cash outflow from operating activities was ¥292,200,180.28, a decrease of 6.4% from ¥312,146,108.23 in the same period last year[32] - The company's cash and cash equivalents were CNY 135,007,828.35, significantly lower than CNY 304,923,232.21 reported at the end of 2021, indicating a decrease of approximately 55.7%[15] - Total cash and cash equivalents at the end of Q3 2022 were ¥71,111,813.91, a decrease from ¥76,822,189.24 at the end of Q3 2021[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,043,181,842.71, a slight increase of 0.84% from the end of the previous year[6] - Current assets totaled CNY 602,689,249.39, down from CNY 648,019,333.49 in the previous year, primarily due to a decrease in cash and cash equivalents[15] - Total liabilities rose to CNY 186,018,887.34, compared to CNY 141,793,723.89 in the previous year, marking an increase of approximately 31.1%[17] - The company's total equity decreased to ¥789,155,250.48 as of September 30, 2022, down from ¥859,562,595.34 at the end of 2021[28] - The company's equity attributable to shareholders decreased by 6.02% to ¥836,586,508.73 compared to the end of the previous year[6] - The total liabilities increased to ¥274,871,180.30 as of September 30, 2022, compared to ¥123,892,421.61 at the end of 2021[27] Research and Development - Research and development expenses for the third quarter of 2022 amounted to ¥45,817,695.46, up from ¥31,644,038.72 in the previous year, indicating a significant increase of about 45%[20] - Research and development expenses for the first three quarters of 2022 were ¥40,698,131.15, an increase of 46.0% compared to ¥27,882,454.00 in the same period of 2021[28] Market Outlook - The company anticipates continued revenue growth in the second half of 2022 due to market recovery[10] - The company has ongoing plans for market expansion and new product development, although specific figures were not disclosed in the report[18] Other Income and Expenses - The company reported non-recurring gains of ¥3,892,982.32 for the quarter, with government subsidies contributing significantly to this figure[10] - Tax expenses for the third quarter of 2022 were ¥3,646,904.17, compared to ¥6,414,038.10 in the same period of 2021, reflecting a decrease of about 43.5%[21] - Other income for the third quarter of 2022 was ¥2,142,171.40, significantly higher than ¥422.36 in the same period of 2021, showing a substantial increase[20]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately RMB 272.72 million, representing an increase of 8.57% compared to RMB 251.20 million in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was approximately RMB 26.81 million, a decrease of 38.46% from RMB 43.56 million in the same period last year[20]. - Basic earnings per share for the first half of 2022 were RMB 0.26, down 38.46% from RMB 0.42 in the same period last year[21]. - The company reported a total profit of ¥33,690,091.64, down 34.8% from ¥51,654,437.13 in the first half of 2021[135]. - The company’s total comprehensive income for the first half of 2022 was ¥28,573,373.28, down from ¥44,339,432.00 in the same period last year[136]. - The company reported a net cash increase of -129,506,628.04 RMB for the period, an improvement from -171,900,652.18 RMB in the previous year[142]. Cash Flow and Assets - The net cash flow from operating activities was negative RMB 4.77 million, a decline of 117.64% compared to a positive cash flow of RMB 27.07 million in the same period last year[20]. - Cash and cash equivalents at the end of the period were 175.42 million, a decrease of 42.47% compared to the previous year[61]. - Accounts receivable increased by 18.10% to 244.22 million, while inventory rose by 8.89% to 124.83 million[61]. - The company’s investment activities generated a net cash outflow of CNY -98.14 million, a decrease of 50.60% year-on-year[58]. - The total current assets decreased to RMB 616.76 million from RMB 648.02 million, a decline of 4.81%[126]. - Cash and cash equivalents decreased to CNY 113,634,042.20 from CNY 215,286,656.28, a drop of approximately 47.3%[130]. Market Position and Strategy - The company has established strategic partnerships with major domestic automotive manufacturers, covering a wide range of clients including SAIC Volkswagen, FAW-Volkswagen, and Geely[28]. - The company is a supplier to international automotive brands such as Porsche, Volkswagen, and Ford, indicating a strong presence in the global market[28]. - The company has achieved a domestic market share of approximately 33% in the chassis suspension system damping components[43]. - The company is actively expanding its international business, establishing relationships with renowned global automotive companies such as Porsche and Ford[44]. - The company is developing a basic vehicle-mounted computer for intelligent driving, with the first generation product expected to reach B-sample status in 2022[42]. Research and Development - The company applied for 14 patents during the reporting period, bringing the total number of patent applications to 163, with 115 patents granted[43]. - Research and development expenses rose to ¥29,157,863.33, representing a 39.9% increase from ¥20,827,993.06 in the previous year[134]. - The company is actively participating in the research and manufacturing of core components for electric vehicle chassis systems, aligning with the trend of electrification in the automotive industry[56]. Risks and Challenges - The company has identified significant risks that may adversely affect its future development and operational goals, as detailed in the management discussion and analysis section[7]. - The company faces macroeconomic risks, including potential impacts from COVID-19 and US-China trade tensions[85]. - The company is exposed to risks from fluctuations in raw material prices, which could impact gross margins[88]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 10,818[118]. - The largest shareholder, Yang Yingtao, holds 22,097,891 shares, accounting for 21.07% of the total shares[119]. - The company has not reported any changes in its total share capital or structure during the reporting period[116]. Environmental and Compliance - The company received an administrative penalty of RMB 230,000 for exceeding wastewater discharge standards by more than 100% but has since rectified the issue[98]. - The company has implemented various environmental protection measures, including waste gas treatment systems that comply with national and local emission standards[100]. - In the first half of 2022, the company utilized 299,000 kWh of solar power from its 1MWp photovoltaic system, contributing to its carbon reduction efforts[102]. Corporate Governance - The company has not experienced any major litigation or arbitration matters during the reporting period[109]. - The actual controller and major shareholders have not faced any administrative penalties related to the securities market during the reporting period[109]. - The company has committed to notifying in writing any intention to reduce shareholdings, with a three-day notice period before the reduction[106].

Financial Performance - Revenue for Q1 2022 was CNY 120,748,999.62, a decrease of 6.28% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 12,394,843.53, down 43.71% year-on-year[5] - Basic and diluted earnings per share were both CNY 0.12, reflecting a decline of 43.71%[6] - Total revenue for Q1 2022 was RMB 120,748,999.62, a decrease of 6.4% compared to RMB 128,834,911.34 in Q1 2021[19] - Total operating costs for Q1 2022 were RMB 105,697,933.82, an increase of 1.6% from RMB 103,869,075.41 in Q1 2021[19] - The company reported a net profit margin of approximately 10.5% for Q1 2022, compared to 11.0% in Q1 2021[19] - Total net profit for Q1 2022 was CNY 13,404,395.84, a decline of 39.7% compared to CNY 22,261,612.34 in Q1 2021[21] - Operating profit for Q1 2022 was CNY 15,865,299.02, down 39.0% from CNY 26,072,735.49 in the same period last year[20] - Total comprehensive income for Q1 2022 was CNY 13,371,516.14, a decrease of 40.0% from CNY 22,320,703.56 in Q1 2021[21] - The net profit for Q1 2022 was CNY 7,419,446.72, down 64.5% from CNY 20,822,496.08 in Q1 2021[30] Cash Flow and Liquidity - Net cash flow from operating activities was negative CNY 1,385,756.27, a decrease of 115.82%[5] - Cash flow from operating activities for Q1 2022 was negative at CNY -1,385,756.27, compared to a positive CNY 8,760,081.75 in Q1 2021[24] - Cash and cash equivalents decreased to RMB 142,224,009.50 as of March 31, 2022, down from RMB 304,923,232.21 at the end of 2021[15] - The company's cash inflow from operating activities was CNY 116,458,630.77, up from CNY 99,786,421.43 in Q1 2021[31] - The net cash flow from investment activities was -$91.68 million, a decrease from -$169.16 million in the previous period[32] - The total cash and cash equivalents at the end of the period were $110.92 million, down from $153.71 million[32] - The net increase in cash and cash equivalents was -$104.37 million, compared to -$164.22 million previously[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 991,559,536.24, down 4.15% from the end of the previous year[6] - Total assets as of March 31, 2022, were RMB 991,559,536.24, down from RMB 1,034,454,589.62 at the end of 2021[18] - Total liabilities decreased to RMB 109,816,147.99 from RMB 141,793,723.89 year-over-year[17] - The total liabilities for Q1 2022 were CNY 124,914,473.13, a marginal increase from CNY 123,892,421.61 in Q1 2021[28] - The company's total equity decreased to CNY 842,693,048.44 in Q1 2022 from CNY 859,562,595.34 in Q1 2021[28] Research and Development - Increased R&D expenses and management costs contributed to the significant drop in net profit[10] - Research and development expenses rose to RMB 13,043,456.14 in Q1 2022, up 43.5% from RMB 9,119,591.91 in Q1 2021[19] - Research and development expenses increased to CNY 11,346,320.98 in Q1 2022, representing a 49.5% increase from CNY 7,590,511.51 in Q1 2021[30] Other Financial Metrics - The company reported a non-recurring government subsidy of CNY 98,345.10 during the period[7] - Interest income for Q1 2022 was CNY 616,256.67, down from CNY 887,658.03 in Q1 2021, representing a decrease of approximately 30.6%[20] - The company incurred a total investment cash outflow of CNY 197,012,352.94 in Q1 2022, compared to CNY 169,429,842.43 in Q1 2021, reflecting an increase of 16.3%[24] - The company reported a financial expense of CNY 396,731.70 in Q1 2022, compared to a financial income of CNY 594,221.00 in Q1 2021[30] Impact of External Factors - The decline in revenue was primarily due to pandemic-related restrictions affecting sales operations, with an estimated revenue impact of around CNY 25 million[10] - The impact of exchange rate changes on cash and cash equivalents was -$159,112.71, contrasting with a positive impact of $189,288.42 in the prior period[32]

2022 年第一季度报告 证券代码：603037 证券简称：凯众股份 上海凯众材料科技股份有限公司 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。 公司负责人杨建刚、主管会计工作负责人黄海及会计机构负责人（会计主管人员）朱晨怡保证季 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 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 | 120,748,999.62 | -6.28 | | 归属于上市公司股东的净利润 | 12,394,843.53 | -43.71 | | 归属于上市公司股东的扣除非经常 | 12,509,092.36 | - ...

Financial Performance - The company reported a net profit of CNY 85,163,496.64 for 2020, with a 5% incentive fund of CNY 4,258,000 allocated for the employee stock ownership plan, resulting in a net profit of CNY 81,544,196.64 after fund allocation[12]. - As of December 31, 2021, the company had undistributed profits of CNY 281,116,537.02 and proposed a cash dividend of CNY 6.0 per 10 shares, subject to shareholder approval[6]. - In 2021, the company achieved operating revenue of CNY 548.40 million, representing a year-on-year increase of 10.92%[26]. - The net profit attributable to shareholders of the listed company was CNY 84.22 million, an increase of 1.81% compared to the previous year[26]. - The net profit after deducting non-recurring gains and losses was CNY 79.55 million, reflecting a significant increase of 17.63% year-on-year[26]. - The company's total assets at the end of 2021 were CNY 1,034.45 million, up 7.39% from the end of 2020[27]. - The basic earnings per share for 2021 was CNY 0.80, a 2.56% increase from CNY 0.78 in 2020[28]. - The weighted average return on equity was 9.52%, slightly down from 9.63% in 2020[28]. - The company reported a sales net profit margin of 15.4% for the year 2021[34]. - The gross margin for automotive parts was 35.76%, with a slight increase of 0.07 percentage points compared to the previous year[68]. Market and Sales Performance - The automotive market in China saw production and sales of 26.27 million vehicles in 2021, with a year-on-year growth of 3.8%[34]. - The company sold approximately 2.623 million units of shock-absorbing components for new energy vehicles, capturing about 23.4% of the new energy passenger vehicle market[41]. - The company achieved sales of approximately 709,000 units of lightweight pedal assemblies for new energy vehicles, representing about 18.3% of the new energy passenger vehicle market[42]. - The overall automotive market in China saw production and sales of 26.08 million and 26.275 million vehicles in 2021, reflecting year-on-year growth of 3.4% and 3.8% respectively[43]. - The new energy vehicle market in China saw production and sales of 3.545 million units and 3.521 million units, respectively, with a year-on-year growth of 160%[82]. Research and Development - The company applied for and received acceptance for 25 patents during the reporting period, bringing the total number of accepted patents to 149, with 101 patents granted[38]. - The company’s shock-absorbing business received recognition from major OEMs such as NIO, General Motors, and Geely, enhancing its product development efficiency[37]. - The company’s lightweight pedal business developed a brake pedal with energy recovery, which has entered mass production for Chery's new projects[36]. - The company’s production automation improvements led to significant enhancements in product quality and raw material utilization[39]. - The company’s R&D investments in new materials have effectively controlled product costs, especially amid significant fluctuations in raw material prices[37]. - R&D expenses increased by 36.37% to RMB 47.51 million, reflecting the company's commitment to innovation and product development[68]. - The number of R&D personnel is 125, making up 25.2% of the total workforce, with a diverse educational background[77]. Strategic Initiatives - The company plans to repurchase shares using funds between CNY 30 million and CNY 60 million, with the aim of implementing an employee stock ownership plan[13]. - The company plans to invest 100 million RMB to establish a wholly-owned subsidiary, Shanghai Xiechuang Enterprise Management Co., Ltd., as an investment platform[88]. - The company is actively pursuing international expansion, establishing operations in the US and Europe, and offices in Japan to enhance customer service and global operations[66]. - The company aims to ensure sales revenue growth by actively responding to macroeconomic changes and seizing new business opportunities[106]. - The company plans to enhance its international market development for shock absorber business and pedal business, focusing on expanding new customer bases and increasing market share for new products[106]. Governance and Management - The company has a diverse board with members holding various significant positions in other organizations, enhancing its governance structure[118]. - The company has maintained the same number of shares held by key executives throughout the reporting period, indicating stability in ownership[117]. - The company’s board of directors has undergone changes, with multiple appointments and resignations of key personnel during the reporting period[126]. - The company has established a risk management-based internal control system, continuously improving and optimizing key business processes to enhance operational efficiency[151]. - The company has implemented a long-term service stockholding plan for core employees, aimed at enhancing employee retention and motivation[137]. Environmental and Social Responsibility - The company has implemented comprehensive environmental protection measures, including waste management protocols for solid waste and hazardous materials[155]. - The company has invested in a distributed rooftop photovoltaic power generation project with a total capacity of 1MWp, generating approximately 560,000 kWh of solar power in 2021[159]. - The company has actively engaged in social responsibility by donating 100,000 yuan to support education in Liangshan, Sichuan[167]. - The company has achieved ISO14001 environmental management system re-certification and OHSAS18001 occupational health and safety management system certification during the reporting period[166]. Financial Management - The company has a cash dividend policy, proposing a distribution of 6.0 yuan (including tax) for every 10 shares based on a total share capital of 104,901,350 shares[145]. - The company has maintained a strong cash position with cash reserves of 30 million RMB, ensuring liquidity for future investments[176]. - The company has a total of 15,000 million RMB in principal guaranteed financial products, with no overdue amounts[185]. - The company has a total of 11,000 million RMB in floating principal guaranteed financial products, with no overdue amounts[185]. - The company has not faced any significant legal issues or penalties related to its operations during the reporting period[178].