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].

2021 年第三季度报告 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 2021 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个别及连带责任。 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 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比 上年同期增 | | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | | 年初至报告期末 | | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 125,046,979.64 | -2.46 | ...

Financial Performance - The company's operating revenue for the first half of 2021 was approximately CNY 251.20 million, representing a 23.70% increase compared to CNY 203.07 million in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2021 was approximately CNY 43.56 million, an increase of 68.09% from CNY 25.92 million in the previous year[18]. - The basic earnings per share for the first half of 2021 was CNY 0.42, reflecting a 75.00% increase compared to CNY 0.24 in the same period last year[18]. - The weighted average return on net assets increased to 4.89% from 3.13%, an increase of 1.76 percentage points[18]. - The net profit after deducting non-recurring gains and losses was approximately CNY 40.37 million, an increase of 86.13% from CNY 21.69 million in the same period last year[18]. - The company achieved a net cash flow from operating activities of approximately ¥27.07 million, a decrease of 50.39% from ¥54.56 million in the previous year[51]. - The company reported a significant increase in R&D expenses, totaling approximately ¥20.83 million, which is a 52.57% increase from ¥13.65 million in the previous year[51]. - The company reported a comprehensive income total of ¥44,339,432.00 for the first half of 2021, compared to ¥26,220,554.63 in the previous year, reflecting a growth of 68.9%[112]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 985.95 million, a 2.36% increase from CNY 963.25 million at the end of the previous year[18]. - The net assets attributable to shareholders increased by 5.00% to approximately CNY 912.34 million from CNY 868.86 million at the end of the previous year[18]. - The company's cash and cash equivalents decreased by 52% to approximately ¥161.04 million, down from ¥332.95 million in the previous year[53]. - Total liabilities decreased to RMB 72,062,581.06 from RMB 93,699,344.41, a reduction of about 23.2%[104]. - The total equity attributable to the parent company at the end of the reporting period was 913,887,034.87, an increase from 847,009,751.34 in the previous year, reflecting a growth of approximately 7.9%[126]. Market and Industry - The company operates in the automotive parts manufacturing industry, focusing on the development, production, and sales of chassis suspension system damping components and lightweight pedal assemblies for traditional, new energy, and intelligent driving vehicles[22]. - The company is a supplier to international automotive giants such as Porsche, Volkswagen, and Ford, indicating a strong presence in the global market[23]. - In the first half of 2021, domestic passenger car production and sales reached 9.653 million and 9.83 million units, respectively, representing year-on-year growth of 27.8% and 27.7%[34]. - The production of new energy passenger vehicles reached 1.08 million units in the first half of 2021, showing a significant year-on-year increase of 233.5% compared to 2020[34]. - The company’s damping components are widely used in both traditional and new energy vehicles, indicating a diverse product application[23]. Strategic Partnerships and Projects - The company has established strategic partnerships with major domestic automakers, including SAIC Volkswagen, FAW-Volkswagen, and Honda, covering a wide range of clients[22]. - The company’s lightweight pedal business gained significant projects from major automakers, including SAIC Motor and Geely, and achieved breakthroughs with Volkswagen and NIO[43]. - The company secured new projects valued at approximately 236 million yuan in the first half of 2021, with new products generating revenue of 19.3 million yuan[43]. Risks and Challenges - The company has indicated potential risks that may adversely affect future development and operational goals, as detailed in the management discussion and analysis section[7]. - The company is exposed to macroeconomic risks that may impact its operations[63]. - The company faces potential impacts on macroeconomic conditions and automotive consumption due to the ongoing risk of COVID-19 resurgence, which may affect expected sales volumes[64]. - The automotive industry is experiencing a downward trend with intensified market competition, which may lead to price reductions among vehicle manufacturers and significant losses for some, ultimately impacting component suppliers[64]. Environmental and Social Responsibility - The company has established a comprehensive environmental protection system to manage pollutants generated during production, including waste gas, noise, and solid waste[73]. - The company has implemented pollution prevention measures, including the construction of waste gas treatment facilities, effectively reducing VOC emissions[76]. - The company aims to enhance green energy usage and has initiated projects such as solar power generation and low-energy consumption equipment to meet carbon peak and carbon neutrality goals[76]. Shareholder Information - The company has implemented a long-term employee stock ownership plan, with a total of 255,000 shares purchased, representing approximately 0.24% of the total share capital, at an average price of 16.66 RMB per share[70]. - The company distributed CNY 57,695,742.50 to shareholders during the reporting period, indicating a focus on returning value to investors[130]. - The total number of ordinary shareholders at the end of the reporting period was 9,431[91]. Research and Development - The company’s R&D team consists of experienced experts and young talents, focusing on multiple areas including material development and engineering[35]. - The company has applied for and received acceptance for 5 patents during the reporting period, bringing the total number of accepted patents to 129, with 88 patents granted[45]. - The company is investing in new technology development to improve operational efficiency and product quality[126].

Financial Performance - Net profit attributable to shareholders increased by 123.85% to CNY 22,020,762.39 year-on-year[6] - Operating revenue rose by 48.55% to CNY 128,834,911.34 compared to the same period last year[6] - Basic earnings per share increased by 110.00% to CNY 0.21[6] - The company's revenue for Q1 2021 was ¥128,834,911.34, representing a 48.55% increase compared to ¥86,726,266.52 in Q1 2020, primarily due to the impact of the pandemic in the previous year[14] - The company's net profit for Q1 2021 is expected to show significant improvement compared to the same period last year, with no major losses anticipated[15] - Net profit for Q1 2021 was ¥22,261,612.34, representing a 131.1% increase compared to ¥9,631,707.40 in Q1 2020[24] - The total comprehensive income for Q1 2021 was ¥22,320,703.56, significantly higher than ¥9,676,600.21 in Q1 2020[25] Assets and Liabilities - Total assets increased by 1.60% to CNY 978,615,161.51 compared to the end of the previous year[6] - The total assets as of March 31, 2021, amounted to ¥978,615,161.51, up from ¥963,246,947.28 at the end of 2020[20] - The company's total assets as of March 31, 2021, amounted to ¥980,065,910.74, an increase from ¥944,967,191.33 at the end of 2020[22] - The total liabilities decreased to ¥86,746,855.08 from ¥93,699,344.41, indicating improved financial stability[19] - The company's total liabilities increased to ¥104,343,119.49 from ¥90,066,896.16 in the previous year[22] - Total liabilities increased to ¥93,699,344.41 in Q1 2021 from ¥96,370,813.00 in Q1 2020[38] Cash Flow - Net cash flow from operating activities decreased by 75.92% to CNY 8,760,081.75 compared to the previous year[6] - The company's cash flow from operating activities saw an increase in tax payments by 36.74% to ¥6,556,453.63 from ¥4,794,872.22 due to higher revenue[14] - The company reported a net cash flow from operating activities of ¥8,760,081.75, down 76.0% from ¥36,376,014.50 in Q1 2020[30] - In Q1 2021, the net cash flow from operating activities was ¥4,752,874.06, a decrease of 86.8% compared to ¥35,794,856.52 in Q1 2020[33] - Total cash inflow from operating activities was ¥99,786,421.43, down 26.7% from ¥136,275,800.84 in the same period last year[33] - The net cash flow from investing activities was -¥169,160,642.43, significantly worse than -¥6,824,210.32 in Q1 2020[34] Expenses - Operating costs for Q1 2021 were ¥103,869,075.41, up 33.9% from ¥77,514,954.55 in Q1 2020[23] - The company reported a significant increase in sales expenses by 91.41% to ¥2,876,573.68 from ¥1,502,833.36, reflecting increased marketing efforts[14] - R&D expenses rose by 50.27% to ¥9,119,591.91 from ¥6,068,898.80, reflecting increased investment in innovation[14] - Research and development expenses for Q1 2021 were ¥9,119,591.91, compared to ¥6,068,898.80 in Q1 2020, indicating a 50.4% increase[24] - The company incurred a total operating cost of ¥100,043,824.76 in Q1 2021, which is a 33.2% increase from ¥75,086,615.25 in Q1 2020[26] Equity - The total equity attributable to shareholders increased to ¥890,944,310.40 from ¥868,864,456.79, indicating a positive trend in shareholder value[19] - The total equity of the company as of March 31, 2021, was ¥875,722,791.25, up from ¥854,900,295.17 at the end of 2020[23] - The company's total equity was ¥869,547,602.87, remaining stable compared to ¥868,864,456.79 in the previous year[39] Cash Management - Cash and cash equivalents decreased by 48.17% to CNY 172,573,170.26 due to timing differences in cash management[13] - The company's cash and cash equivalents decreased to ¥153,706,086.83 from ¥317,924,566.78 at the end of 2020[22] - Cash and cash equivalents at the end of Q1 2021 were ¥153,706,086.83, down from ¥283,652,044.34 at the end of Q1 2020[34] - The cash flow impact from foreign exchange fluctuations was ¥189,288.42, down from ¥788,941.21 in Q1 2020[34] Accounting Standards - The company implemented a new lease accounting standard, resulting in an adjustment of $2,671,468.59 to both assets and liabilities[44] - The company remains focused on maintaining its asset base while adhering to new accounting standards to enhance transparency[44] General Observations - The first quarter report indicates a stable financial position, with no significant changes in operational strategy or market expansion plans disclosed[45] - The company reported a significant increase in cash reserves, indicating strong liquidity and financial health[41]