Financial Performance - The company's operating revenue for the first half of 2022 was CNY 304,932.79 million, representing a year-on-year increase of 21.92% compared to CNY 250,098.94 million in the same period last year[21]. - The net profit attributable to shareholders of the listed company was CNY 25,387.94 million, a decrease of 17.98% from CNY 30,954.15 million in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 23,477.22 million, which is an increase of 26.84% compared to CNY 18,509.63 million in the same period last year[21]. - The net cash flow from operating activities was CNY -1,164.51 million, a significant decline of 102.50% from CNY 46,593.24 million in the previous year[21]. - The total assets at the end of the reporting period were CNY 692,181.90 million, reflecting a year-on-year increase of 4.28% from CNY 663,800.32 million[21]. - The net assets attributable to shareholders of the listed company were CNY 319,249.95 million, showing a slight increase of 0.57% from CNY 317,429.98 million at the end of the previous year[21]. - Basic earnings per share decreased by 17.95% to 0.64 RMB per share compared to 0.78 RMB per share in the same period last year[23]. - The weighted average return on equity decreased by 3.06 percentage points to 7.78% from 10.84% in the previous year[23]. Market and Business Strategy - The company is focusing on high-quality development and increasing investment in technological innovation to enhance manufacturing capabilities and market expansion[23]. - The company plans to leverage opportunities in digital transformation and supply chain autonomy to drive growth[23]. - The company continues to optimize its marketing system and core customer management to improve sales efficiency[23]. - The company has established strategic partnerships with major enterprises in the petrochemical, steel, lithium battery, and pharmaceutical sectors, enhancing its market presence[54]. - The company is benefiting from the ongoing demand for domestic substitution in the smart instrument sector, driven by geopolitical factors and the need for supply chain stability[44]. - The company aims to achieve a 70% digitalization rate among large-scale manufacturing enterprises by 2025, as outlined in national strategic plans[44]. Research and Development - R&D expenses amounted to 229 million yuan, an increase of 46.55% year-on-year, accounting for 7.50% of operating revenue[55]. - The company implemented 38 national and provincial-level research projects and obtained 89 new authorized patents, including 13 invention patents[55]. - The company is actively promoting product technology upgrades and expanding application scenarios to enhance its core competitiveness in line with national energy transition goals[50]. - The company has strengthened its core competitiveness through a robust marketing system and long-term customer relationships, increasing the number of core customers during the reporting period[54]. - The company plans to enhance its research and development efforts to drive product upgrades and structural adjustments in response to market competition[123]. Operational Challenges and Risks - The company highlighted risks related to macroeconomic fluctuations, international situation changes, and intensified market competition[4]. - The ongoing COVID-19 pandemic poses risks to the supply chain and customer operations, potentially affecting demand for the company's products[122]. - The company is experiencing production capacity constraints due to increased order demand, with ongoing projects aimed at expanding capacity[128]. - The company is facing challenges in R&D due to the high difficulty, long cycles, and significant investment required for new technologies and products[132]. Environmental and Social Responsibility - The company is classified as a key pollutant discharge unit and has not experienced any environmental pollution incidents or received administrative penalties during the reporting period[150]. - The company operates 12 sets of air pollution control facilities with a treatment capacity of 450,000 standard cubic meters per hour, ensuring compliance with emission standards[157]. - The company has implemented measures to ensure that all emissions meet the required standards, with specific pollutants like sulfuric mist and hydrochloric acid being well within permissible limits[151]. - The company donated 400,000 yuan to support rural revitalization efforts in Wuxi County during the reporting period[166]. - The company has committed to reducing carbon emissions by promoting the construction and optimization of smart production lines, effectively lowering energy consumption[165]. Governance and Compliance - The company has committed to maintaining the independence of its operations and financial management, ensuring no interference from controlling shareholders[171]. - The company has not reported any significant asset or equity sales during the reporting period[113]. - The company has ensured compliance with its articles of association and has not used its controlling position to harm the interests of other shareholders[178]. - There are no significant litigation or arbitration matters reported during the reporting period[181]. - The company has not engaged in any significant guarantees during the reporting period[182].

2022 年第一季度报告 证券代码：603100 证券简称：川仪股份 重庆川仪自动化股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报 表信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 （一）主要会计数据和财务指标 单位：万元 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 ...

Financial Performance - The company achieved a distributable profit of CNY 457.68 million for the year 2021, with a cumulative distributable profit of CNY 1.396 billion[4]. - A cash dividend of CNY 6.00 per 10 shares (including tax) is proposed, amounting to a total cash dividend distribution of CNY 237 million based on a total share capital of 39.5 million shares as of December 31, 2021[4]. - The company's operating revenue for 2021 was CNY 548,660.87 million, representing a year-on-year increase of 28.99% compared to CNY 425,338.00 million in 2020[25]. - The net profit attributable to shareholders of the listed company for 2021 was CNY 53,866.24 million, up 41.32% from CNY 38,116.35 million in 2020[25]. - The net cash flow from operating activities for 2021 was CNY 98,115.67 million, an increase of 73.25% compared to CNY 56,631.12 million in 2020[25]. - The company's total assets at the end of 2021 were CNY 663,800.32 million, reflecting an 18.24% increase from CNY 561,397.25 million at the end of 2020[25]. - The basic earnings per share for 2021 was CNY 1.36, a 41.67% increase from CNY 0.96 in 2020[25]. - The company reported a year-on-year increase of 36.71% in net profit attributable to shareholders after deducting non-recurring gains and losses, reaching CNY 39,277.33 million in 2021[25]. Risk Management - The company faces risks including macroeconomic fluctuations, intensified market competition, and uncertainties related to the COVID-19 pandemic[5]. - The company has outlined potential risks in its future development strategy, which includes technology research and development risks[5]. - The company has implemented a comprehensive risk management system and optimized its governance structure to improve operational efficiency and competitiveness[49]. - The company is actively monitoring macroeconomic conditions and market trends to mitigate risks associated with economic fluctuations and international uncertainties[197]. - The ongoing COVID-19 pandemic continues to pose operational risks, with potential impacts on production, supply chain logistics, and market expansion[198]. - The company faces intensified market competition, particularly in the automation and control systems sector, necessitating proactive strategies to maintain and enhance its competitive advantages[199]. Technological Innovation and R&D - The company emphasized technological innovation and increased R&D investment to improve product technology levels[28]. - Research and development expenses amounted to 37,087.44 million RMB, reflecting a 31.30% increase compared to the previous year[94]. - R&D expenses accounted for 6.76% of operating revenue, reflecting a focus on technological innovation and talent acquisition[98]. - The company is committed to increasing its innovation efforts, particularly in developing smart pressure transmitters and high-performance instruments for harsh conditions[189]. - The company is leveraging new technologies such as big data and artificial intelligence to drive product innovation and market solutions[189]. - The company is focusing on high-end industrial automation instruments and solutions based on industrial internet, targeting key sectors such as smart manufacturing and big data[182]. Market Expansion and Sales - The company focused on enhancing marketing capabilities and expanding market reach, resulting in a significant increase in sales orders[28]. - The number of new orders increased by 30% during the reporting period, with significant growth in contracts from the petrochemical, metallurgy, and electric power sectors[38]. - The company expanded its market share in the petrochemical sector, winning bids from major clients like Sinopec and PetroChina, and achieved AA+ certification from Sinopec[39]. - The company is actively pursuing opportunities in clean energy sectors, including nuclear power, which is expected to significantly impact the demand for control systems and intelligent instruments[177]. - The company plans to enhance its market presence by expanding into new markets like hydrogen energy, lithium batteries, and pharmaceuticals, while also deepening its existing market penetration[186]. Operational Efficiency - The company achieved a decrease in cost-to-expense ratio, contributing to better growth in main business profits[28]. - The company’s cost-to-revenue ratio decreased by 1.38 percentage points, reflecting improved cost control measures[52]. - The company has strengthened its supply chain management and expanded its strategic supplier network to ensure cost optimization and supply reliability[48]. - The company has focused on talent acquisition, with 75% of new hires holding a bachelor's degree or higher, enhancing its workforce quality[53]. - The company is focusing on enhancing its governance and management systems to improve competitiveness, innovation, and risk management capabilities[194]. Corporate Governance and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[4]. - The company has not faced any violations in decision-making procedures regarding external guarantees[4]. - The company emphasizes the importance of accurate and complete financial reporting, with key management personnel affirming the integrity of the annual report[4]. - The company has established a comprehensive information disclosure system, achieving a 100% response rate to investor inquiries[51]. Future Outlook - The company aims to achieve a revenue of 5.9 billion yuan and a total profit of 550 million yuan for 2022, although these targets are subject to various uncertainties[185]. - The company is aligning its strategies with national policies aimed at promoting the integration of information technology and industrialization, which is expected to create more market opportunities[176]. - The company is focused on achieving high-quality development through innovation and reform, responding to the challenges posed by the global economic environment[175].

证券代码：603100 证券简称：川仪股份 公告编号：2022-005 重庆川仪自动化股份有限公司 关于接待机构调研情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性 陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带 责任。 重庆川仪自动化股份有限公司（以下简称"公司"）近日通过现场会议交 流形式接待了机构调研，现将相关情况公告如下： 一、调研情况 调研时间：2022 年 3 月 11 日 调研方式：现场会议 调研机构名称：信达证券、泰康资产 公司接待人员：董事会秘书 杨利；证券事务代表 王艳雁 二、调研的主要问题及公司回复概要 1、仪器仪表企业的发展比较依赖管理层，请介绍一下公司管理层情况？ 答：制造型企业的人才队伍建设，尤其是管理层的成长是一个长期积淀的 过程。公司管理层基本成长于仪器仪表行业或者川仪本身，熟悉行业、市场、 技术、制造，管理思路和发展战略清晰。 2、公司未来还会扩展新的产品门类吗？控制系统业务构成如何？ 答：目前公司产品基本覆盖自动化仪表主要门类，未来将持续开发大门类 下的细分产品。公司控制系统业务包括控制系统集成应用以及自身控制系统产 品的研发和 ...

证券代码：603100 证券简称：川仪股份 公告编号：2021-043 重庆川仪自动化股份有限公司关于参加 "重庆辖区上市公司 2021 年投资者网上集体接待日活动"的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及 连带责任。 为提高上市公司规范运作水平，推动重庆辖区上市公司进一步做好投 资者关系管理工作，在重庆证监局指导下，重庆上市公司协会联合上证所 信息网络有限公司、深圳市全景网络有限公司举办"重庆辖区上市公司 2021年投资者网上集体接待日活动"。此次活动将于2021年11月25日（星 期 四 ） 15:00-17:00 举 行 ， 投 资 者 可 以 登 录 上 证 路 演 中 心 网 站 （roadshow.sseinfo.com）参与互动交流。 届时，重庆川仪自动化股份有限公司相关负责人将参与本次活动，通 过网络在线交流形式，就投资者所关心的问题，与投资者进行"一对多" 形式的在线沟通。欢迎广大投资者踊跃参与。 特此公告。 重庆川仪自动化股份有限公司董事会 2021 年 11 月 20 日 ...

Financial Performance - The company's operating revenue for Q3 2021 was RMB 139,305.60 million, representing a year-on-year increase of 17.63%[5] - The net profit attributable to shareholders for Q3 2021 was RMB 10,679.55 million, a decrease of 7.33% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 11,569.68 million, an increase of 16.47% year-on-year[5] - The basic earnings per share for Q3 2021 was RMB 0.27, down 6.90% from the previous year[5] - The diluted earnings per share for Q3 2021 was also RMB 0.27, reflecting a decrease of 6.90% year-on-year[5] - Total revenue for the first three quarters of 2021 reached ¥3,894,045,395.84, an increase of 31% compared to ¥2,969,634,538.56 in the same period of 2020[32] - Operating profit for the first three quarters of 2021 was ¥426,965,370.41, up from ¥215,124,745.52 in the previous year, reflecting a significant growth[32] - Net profit for the first three quarters of 2021 amounted to ¥471,816,668.95, compared to ¥213,186,585.44 in the same period of 2020, indicating a strong performance[32] - The net profit attributable to the parent company's shareholders for the current period is ¥416,336,975.89, compared to ¥196,655,809.33 in the same period last year, representing an increase of approximately 111.5%[34] - The total comprehensive income for the current period is ¥417,737,515.30, compared to ¥194,600,419.37 in the same period last year, indicating a growth of about 114.6%[34] - The basic and diluted earnings per share for the current period are both ¥1.05, up from ¥0.50 in the same period last year, reflecting a 110% increase[34] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was RMB 65,064.80 million, an increase of 255.72% year-on-year[5] - Cash flow from operating activities for the current period is ¥650,648,014.84, compared to ¥182,912,714.55 in the same period last year, showing a significant increase of approximately 256.5%[37] - Cash inflow from operating activities totaled ¥4,080,132,274.53, compared to ¥2,876,683,416.22 in the same period last year, marking an increase of about 42%[37] - Cash outflow from operating activities was ¥3,429,484,259.69, compared to ¥2,693,770,701.67 in the same period last year, which is an increase of approximately 27.4%[38] - The ending balance of cash and cash equivalents is ¥981,200,687.76, compared to ¥822,110,625.95 at the end of the same period last year, showing an increase of approximately 19.4%[39] - The company's cash and cash equivalents amounted to RMB 1,326,369,846.02 as of September 30, 2021, compared to RMB 1,177,826,950.88 at the end of 2020, indicating an increase of about 12.6%[24] Assets and Liabilities - Total assets at the end of the reporting period were RMB 635,033.42 million, an increase of 13.12% from the end of the previous year[7] - Total assets increased to ¥6,350,334,170.72 in Q3 2021, up from ¥5,613,972,526.49 in Q3 2020, showing robust growth in the asset base[29] - Total liabilities rose to ¥3,290,858,773.18 in Q3 2021, compared to ¥2,875,352,856.26 in Q3 2020, indicating increased leverage[29] - The company's equity attributable to shareholders reached ¥3,040,376,257.57, up from ¥2,721,217,850.53 in the previous year, reflecting improved shareholder value[29] - The company reported a total current liability of CNY 2,552,015,180.05 as of December 31, 2020, with a minor adjustment to CNY 2,552,005,894.16 on January 1, 2021[45] Investments and Expenditures - The company has utilized RMB 58,044.63 million of the raised funds by September 30, 2021, with RMB 771.5 million invested in projects during the first nine months of 2021[18] - Research and development expenses for the first three quarters of 2021 totaled ¥244,909,544.60, an increase from ¥191,420,763.86 in the previous year, highlighting the company's commitment to innovation[32] - The company reported a total cash inflow from investment activities of ¥103,176,617.44, compared to ¥87,289,409.14 in the same period last year, which is an increase of about 18.2%[38] Strategic Initiatives - The company plans to continue strengthening its core customer strategy and enhancing support capabilities, which contributed to the increase in contract orders and revenue[12] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32] Changes in Financial Standards - The company executed the new leasing standards starting January 1, 2021, which resulted in an adjustment of RMB 5,226,092.17 for right-of-use assets[19] - The company has implemented new leasing standards, resulting in the recognition of lease liabilities amounting to CNY 4,885,007.94[45]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 250,098.94 million, representing a 40.08% increase compared to CNY 178,541.22 million in the same period last year[22]. - The net profit attributable to shareholders of the listed company reached CNY 30,954.15 million, a significant increase of 280.20% from CNY 8,141.59 million year-on-year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 18,509.63 million, up 123.83% from CNY 8,269.50 million in the previous year[22]. - The net cash flow from operating activities was CNY 46,593.24 million, a dramatic increase of 1,146.50% compared to CNY 3,737.94 million in the same period last year[22]. - The net assets attributable to shareholders of the listed company at the end of the reporting period were CNY 291,193.08 million, reflecting a 7.01% increase from CNY 272,121.79 million at the end of the previous year[22]. - Total assets at the end of the reporting period amounted to CNY 603,350.04 million, which is a 7.47% increase from CNY 561,397.25 million at the end of the previous year[22]. - The basic earnings per share increased to 0.78 RMB, representing a growth of 271.43% compared to the same period last year[24]. - The diluted earnings per share also stood at 0.78 RMB, reflecting a 271.43% increase year-on-year[24]. - The weighted average return on equity rose to 10.84%, an increase of 7.52 percentage points from the previous year[24]. - The company achieved double growth in revenue and profit in the first half of the year, receiving multiple awards such as "Top 100 Suppliers" and "5A Level Suppliers" from customers[51]. Risks and Challenges - The company faces risks related to macroeconomic changes, intensified market competition, financial risks, and fluctuations in raw material prices[4]. - The company is facing risks from macroeconomic fluctuations and the ongoing impact of the COVID-19 pandemic, which may affect project execution and revenue levels[113]. - The company is committed to optimizing product strategies and expanding into new markets to mitigate risks associated with market competition and economic uncertainties[116]. - The company is monitoring raw material prices and expanding supply channels to mitigate risks from potential price increases due to geopolitical factors and the pandemic[121]. Research and Development - The company’s R&D expenses increased by 34.49% year-on-year, accounting for 6.24% of operating revenue, with 40 ongoing national and provincial-level technology projects[48]. - The company has accumulated 688 valid patents, including 244 invention patents, and has participated in the formulation of 6 national and industry standards[48]. - The company is focusing on technological innovation, with significant R&D investments leading to new product developments and certifications[62]. - The company plans to continue increasing R&D investment to enhance technological capabilities and adapt to market changes, addressing risks associated with new product development[122]. Product and Market Development - The company continues to strengthen its core customer strategy, leading to increased contract orders across various industries[25]. - The industrial automation sector is expected to benefit from ongoing digital and intelligent transformation trends, providing new growth opportunities[39]. - The company launched new products such as intelligent pressure transmitters and intelligent flow meters, with many products reaching international advanced levels[47]. - The company expanded its product line and improved specifications, which contributed to sustained performance growth[46]. - The company has a comprehensive product matrix covering various industrial automation instruments, enhancing customer stickiness and market competitiveness[46]. - New order amount increased by 35% year-on-year, with significant growth in contracts for automation instruments and control devices in metallurgy and petrochemical sectors[57]. - The company successfully won bids for major projects with key clients such as Sinopec and CNOOC, marking a significant step in the petrochemical sector[58]. Environmental Compliance - The company’s subsidiary, Chuan Yi Metal Functional Materials, was listed as a key pollutant discharge unit in Chongqing in May 2020, with no environmental pollution incidents reported during the reporting period[143]. - The company operates 12 sets of waste gas treatment facilities, with emissions of hydrochloric acid and nitrogen oxides being monitored and reported[143]. - The waste water discharge standards are being adhered to, with specific limits for chemical oxygen demand and other pollutants being met[146]. - The company has implemented measures for solid waste disposal through qualified third-party companies, ensuring no self-utilization or disposal[149]. - The company has committed to maintaining financial and operational independence post-acquisition, ensuring no conflicts of interest with controlling parties[163][166]. Corporate Governance - The report has not been audited, and the management has confirmed the accuracy and completeness of the financial report[4]. - The company has not proposed any profit distribution plan or capital reserve transfer to increase share capital for this reporting period[4]. - The company has not disclosed any updates regarding stock incentive plans or employee stock ownership plans[139]. - The company has not reported any significant changes in its audit opinion from the previous year[180]. - The company has maintained a stable integrity status throughout the reporting period[181]. Financial Management - The total deposit balance reached CNY 10,848.93 million, reflecting a 25.24% increase[190]. - The comprehensive credit total, including loans and guarantees, amounted to CNY 42,000 million, representing 100% of the target[190]. - The interest income from deposits was CNY 34.23 million, with a loan interest expense of CNY 97.32 million[190]. - The company has implemented a comprehensive risk management system to enhance operational efficiency and ensure sustainable development[70].

Financial Performance - Operating revenue for the reporting period was CNY 102,967.69 million, representing a year-on-year increase of 60.02% from CNY 64,345.40 million[10] - The net profit attributable to shareholders was CNY 15,023.75 million, a significant recovery from a loss of CNY 3,687.35 million in the same period last year[10] - The weighted average return on equity increased by 6.93 percentage points to 5.37% compared to -1.56% in the previous year[10] - The company reported a decrease in short-term borrowings from ¥269,789,312.50 to ¥90,000,000.00, a reduction of approximately 66.66%[43] - Total operating revenue for Q1 2021 reached ¥1,029,676,881.01, a significant increase of 60.1% compared to ¥643,453,983.85 in Q1 2020[47] - Operating profit for Q1 2021 was ¥173,128,017.87, compared to a loss of ¥42,066,761.99 in Q1 2020, indicating a turnaround in profitability[47] - Net profit for Q1 2021 was ¥150,955,055.23, a substantial recovery from a net loss of ¥38,917,060.04 in Q1 2020[50] - The company’s total profit for Q1 2021 was ¥173,164,678.08, a significant recovery from a total loss of ¥43,935,842.36 in Q1 2020[47] Cash Flow and Liquidity - The net cash flow from operating activities was -CNY 9,850.36 million, compared to -CNY 7,023.60 million in the same period last year[10] - The company's cash flow from operating activities showed a net outflow of CNY 9,850.36 million, compared to CNY 7,023.60 million in the previous year, attributed to increased cash payments for procurement[24] - The net cash flow from operating activities for Q1 2021 was -CNY 98,503,584.05, compared to -CNY 70,236,038.66 in Q1 2020, indicating a decline in cash generation[62] - The ending cash and cash equivalents balance for Q1 2021 was CNY 855,247,556.55, an increase from CNY 719,352,555.22 in Q1 2020, representing a growth of about 18.9%[62] - The cash outflow for purchasing goods and services in Q1 2021 was CNY 612,684,366.87, which is significantly higher than CNY 321,173,971.07 in Q1 2020, reflecting an increase of about 90.5%[60] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 556,978.95 million, a decrease of 0.79% compared to the end of the previous year[10] - Total liabilities decreased from ¥3,457,845,198.39 to ¥3,233,307,701.74, a decline of about 6.49%[43] - Current liabilities decreased from ¥3,160,668,658.95 to ¥2,885,894,481.27, a reduction of about 8.66%[43] - Non-current liabilities increased from ¥297,176,539.44 to ¥347,413,220.47, an increase of approximately 16.93%[43] - The total amount of prepaid accounts increased by 32.43% to CNY 17,488.90 million, up from CNY 13,206.27 million, mainly due to increased advance payments for import and export goods[22] Shareholder Information - The number of shareholders at the end of the reporting period was 19,044, with the top ten shareholders holding a significant portion of the shares[13] - The largest shareholder, China Fourlink Instrument Group Co., Ltd., held 30.08% of the shares, amounting to 118,804,854 shares[13] Research and Development - The company's R&D expenses amounted to CNY 6,695.03 million, reflecting a 32.45% increase from CNY 5,054.92 million, driven by enhanced product technology upgrades and increased investment in new product development[22] - Research and development expenses increased to ¥66,950,273.11 in Q1 2021, up from ¥50,549,169.33 in Q1 2020, reflecting a focus on innovation[47] Investment Performance - The company's investment income rose to CNY 2,387.16 million, a 107.68% increase from CNY 1,149.46 million, mainly due to increased profits from invested entities[22] - The company reported investment income of ¥23,871,608.74 in Q1 2021, compared to ¥11,494,630.56 in Q1 2020, showing growth in investment performance[47] Future Outlook - The company plans to continue expanding its market presence and increasing contract orders, contributing to revenue growth[10] - The company has not disclosed specific future guidance or new product developments in this report[10]

Financial Performance - The company achieved a distributable profit of CNY 288.51 million for the year 2020, with a cumulative distributable profit of CNY 1.05697 billion[8]. - A cash dividend of CNY 3 per 10 shares (including tax) is proposed, amounting to a total cash dividend of CNY 118.50 million based on a total share capital of 39.5 million shares as of December 31, 2020[8]. - The company's operating revenue for 2020 was CNY 425,338.00 million, representing a 7.17% increase from CNY 396,889.04 million in 2019[32]. - The net profit attributable to shareholders for 2020 was CNY 38,116.35 million, a significant increase of 62.67% compared to CNY 23,431.07 million in 2019[32]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 28,730.36 million, up 91.80% from CNY 14,979.62 million in 2019[32]. - The company's total assets at the end of 2020 were CNY 561,397.25 million, a 10.44% increase from CNY 508,345.21 million at the end of 2019[32]. - The weighted average return on equity for 2020 was 14.86%, an increase of 4.83 percentage points from 10.03% in 2019[32]. - The company reported a net cash flow from operating activities of CNY 56,631.12 million for 2020, a decrease of 9.25% from CNY 62,404.43 million in 2019[32]. - The total non-recurring gains and losses for 2020 amounted to CNY 9,385.99 million, compared to CNY 8,451.45 million in 2019[40]. Business Operations - The company primarily engages in the manufacturing of industrial automation control systems, including smart actuators, transmitters, control valves, and various measuring instruments, with no significant changes in its main business during the reporting period[45]. - The company adopts a "make-to-order" production model, focusing on small batch and diverse product types, with strict quality control following ISO9001 standards[47]. - The company has established a direct sales model to better meet customer demands, combining regional and product sales strategies[48]. - The industrial automation control system manufacturing industry is closely tied to macroeconomic conditions, with a positive correlation to national economic cycles and industrial investment projects[57]. - The company is a leading player in the domestic industrial automation control system manufacturing sector, with its products achieving domestic leading technology performance and some reaching international advanced levels[58]. - The company has increased its R&D investment to enhance its technological capabilities and competitive strength, continuously upgrading its main products[58]. - The company’s product system includes a wide range of industrial automation instruments, categorized by their functions in the production process[59]. - The company is positioned to benefit from the ongoing transformation towards high-end, intelligent, and green manufacturing in China, driven by national policies[56]. - The company’s system integration and general contracting services are designed to meet the needs of various downstream sectors, enhancing its product sales[51]. - The company is actively expanding its market presence in sectors such as petrochemicals, metallurgy, and clean energy, leveraging its technological advantages[52]. Research and Development - R&D expenses accounted for 6.64% of total revenue, representing an 11.67% increase compared to the previous year, indicating a strong commitment to innovation[62]. - The company added 50 new patents during the reporting period, bringing the total to 665 effective patents, including 235 invention patents[65]. - The company received multiple awards for its innovative products, including the PDS8 intelligent pressure transmitter and C series electro-hydraulic actuators, which were recognized at various national and local levels[65]. - Significant advancements in product development included breakthroughs in ultra-low differential pressure transmitters and the introduction of new dust testing instruments[86]. - The company has accelerated the R&D process for various special application products, including high-dynamic process instruments and R400 high-frequency ball valves, as part of national and provincial key R&D tasks[87]. - The company is committed to deepening innovation by increasing investment in key projects and accelerating the development of specialized instruments and solutions for industrial internet and environmental protection[192]. Market and Competition - The company faces risks primarily from macroeconomic changes, competition, financial issues, production capacity, raw material risks, and technology risks[11]. - The company acknowledges the ongoing challenges in the automation instrument market, including an oversupply of low-end products and reliance on imports for high-end products[175]. - The company recognizes the need for continuous improvement in key technologies, product structure optimization, and enhanced intelligent manufacturing capabilities[175]. - The company is aware of the low industry concentration and high competition in low-end products, which may hinder overall industry development[174]. - The company is positioned to benefit from the growing demand in downstream industries as the economy recovers post-COVID-19[178]. Corporate Governance and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - The company has not violated decision-making procedures for external guarantees[9]. - The company’s financial report has been audited by Tianjian Accounting Firm, which issued a standard unqualified opinion[7]. - The company has implemented comprehensive risk management and compliance measures, improving governance and operational stability[94]. Future Outlook - The company expects to achieve a revenue of 4.48 billion yuan and a total profit of 350 million yuan in 2021, with a year-on-year profit decrease of 18.20%[185]. - The company aims for a profit growth of 11.05% in 2021 after excluding certain one-time factors from the previous year[185]. - The company plans to focus on upgrading its main products and developing world-class product clusters in the field of industrial automation instruments and control devices[184]. - The company will actively participate in the industrial internet, big data, and intelligent development directions, aligning with national strategies for manufacturing and network power[184]. - The company is committed to transforming from a production-oriented to a service-oriented manufacturing model, expanding new growth areas[184]. - The company will leverage local manufacturing and service advantages to compete in the mid-to-high-end market, gradually increasing its market share[174]. - The company is accelerating capacity construction and digital transformation, implementing various strategic plans including the "Smart Manufacturing Implementation Plan (2019-2022)" and "Digital Development Implementation Plan (2020-2022)" to enhance production capacity and quality[189]. - The company aims to optimize market structure by focusing on customer needs, enhancing marketing capabilities, and expanding into new markets, with a particular emphasis on industrial internet and big data applications[190].

Group 1: Event Details - The event "Chongqing Listed Companies 2020 Investor Online Reception Day" is scheduled for November 26, 2020, from 15:00 to 16:30 [1] - Investors can participate through the Shanghai Stock Exchange Roadshow Center website [1] Group 2: Company Participation - Chongqing Chuan Yi Automation Co., Ltd. will have representatives participating in the event [1] - The format will be an online "one-to-many" communication to address investor concerns [1] Group 3: Purpose and Goals - The event aims to enhance investor relations management and improve corporate governance among listed companies in Chongqing [1] - It is organized under the guidance of the Chongqing Securities Regulatory Bureau and in collaboration with various organizations [1]