证券代码：603158 证券简称：腾龙股份 公告编号：2023-061 第五届董事会第四次会议决议公告 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。 一、董事会召开情况： 常州腾龙汽车零部件股份有限公司（以下简称"公司"）第五届董事会第四次会议通 知于 2023 年 8 月 14 日以电话、邮件等形式发出，于 2023 年 8 月 17 日在公司会议室以 现场结合通讯方式召开。会议由董事长蒋学真主持，应参会董事 6 名，实际参会董事 6 名，公司高级管理人员列席会议。本次会议召开符合《中华人民共和国公司法》等法律 法规及《常州腾龙汽车零部件股份有限公司章程》的规定。 二、董事会审议情况： 经与会董事审议，审议通过如下议案： 1、关于部分募投项目延期的议案； 同意公司将前次非公开发行股票募投项目中的"波兰汽车空调管路扩能项目"和"欧 洲研发中心项目"在实施主体、实施方式、募集资金用途及投资规模不发生变更的情况 下，对募投项目达到预定可使用状态日期进行延期至 2024 年 8 月。 表决结果：同意 6 票，反对 0 票，弃 ...

常州腾龙汽车零部件股份有限公司、申万宏源证券承销保荐有限 责任公司： 根据《证券法》《上市公司证券发行注册管理办法》《上海 证券交易所上市公司证券发行上市审核规则》等有关法律、法规 及本所有关规定等，本所审核机构对常州腾龙汽车零部件股份有 限公司（以下简称发行人或公司）向不特定对象发行可转换公司 债券申请文件进行了审核，并形成了第二轮问询问题。 1 ─────────────── 1.关于本次募投项目 上海证券交易所文件 上证上审（再融资）〔2023〕567 号 关于常州腾龙汽车零部件股份有限公司 向不特定对象发行可转换公司债券申请文件 的第二轮审核问询函 请保荐机构进行核查并发表明确意见。 2 请公司区分"披露"及"说明"事项，披露内容除申请豁免 外，应增加至募集说明书中，说明内容是问询回复的内容，不用 增加在募集说明书中；涉及修改募集说明书等申请文件的，以楷 体加粗标明更新处，一并提交修改说明及差异对照表；请保荐机 构对公司的回复内容逐项进行认真核查把关，并在公司回复之后 写明"对本回复材料中的公司回复，本机构均已进行核查，确认 并保证其真实、完整、准确"的总体意见。 上海证券交易所 二〇二三年八月十一日 ...

常州腾龙汽车零部件股份有限公司（以下简称"公司"）于 2023 年 8 月 11 日收到上海证券交易所（以下简称"上交所"）出具的《关于常州腾龙汽车零部 件股份有限公司向不特定对象发行可转换公司债券申请文件的第二轮审核问询 函》（上证上审（再融资）〔2023〕567 号）（以下简称"问询函"）。上交所 审核机构对公司提交的向不特定对象发行可转换公司债券申请文件进行了审核， 并形成了第二轮问询问题。 公司将按照问询函的要求，与相关中介机构逐项落实、回复，同时将回复内 容进行披露，并通过上交所发行上市审核业务系统报送相关文件。 公司本次向不特定对象发行可转换公司债券事项尚需通过上交所审核，并获 得中国证券监督管理委员会（以下简称"中国证监会"）做出同意注册的决定后 方可实施，能否通过上交所审核，并获得中国证监会同意注册的决定及其时间尚 存在不确定性。公司将根据该事项的进展情况及时履行信息披露义务，敬请广大 投资者注意投资风险。 常州腾龙汽车零部件股份有限公司 关于收到上海证券交易所《关于常州腾龙汽车零部件 股份有限公司向不特定对象发行可转换公司债券申请 文件的第二轮审核问询函》的公告 本公司董事会及全体董事保证本 ...

上海证券交易所文件 上证上审（再融资）〔2023〕567 号 关于常州腾龙汽车零部件股份有限公司 向不特定对象发行可转换公司债券申请文件 的第二轮审核问询函 常州腾龙汽车零部件股份有限公司、申万宏源证券承销保荐有限 责任公司： 根据《证券法》《上市公司证券发行注册管理办法》《上海 证券交易所上市公司证券发行上市审核规则》等有关法律、法规 及本所有关规定等，本所审核机构对常州腾龙汽车零部件股份有 限公司（以下简称发行人或公司）向不特定对象发行可转换公司 债券申请文件进行了审核，并形成了第二轮问询问题。 1 3 上海证券交易所 2023 年 08 月 11 日印发 ─────────────── 1.关于本次募投项目 请公司区分"披露"及"说明"事项，披露内容除申请豁免 外，应增加至募集说明书中，说明内容是问询回复的内容，不用 增加在募集说明书中；涉及修改募集说明书等申请文件的，以楷 体加粗标明更新处，一并提交修改说明及差异对照表；请保荐机 构对公司的回复内容逐项进行认真核查把关，并在公司回复之后 写明"对本回复材料中的公司回复，本机构均已进行核查，确认 并保证其真实、完整、准确"的总体意见。 请发行人说明：（1 ...

证券代码：603158 证券简称：腾龙股份 公告编号：2023-045 常州腾龙汽车零部件股份有限公司 关于召开2022年度暨2023年第一季度业绩说明会 的公告 2.召开地点：中国基金报-机会宝网上路演中心 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： ● 说明会召开时间：2023年5月12日（星期五）15：00-16：00 ● 说明会召开地点：中国基金报-机会宝网上路演中心（www.jhbshow.com） ● 说明会召开方式：网络平台在线交流 ● 投资者可于2023年5月12日14：00前，将需要了解和关注的问题通过电子 邮件的形式发送至公司邮箱（securities@cztl.cn）。本公司将于2022年度暨2023 年第一季度业绩说明会（以下简称"说明会"）上对投资者普遍关注的问题进行 回答。 一、业绩说明会类型 常州腾龙汽车零部件股份有限公司（以下简称"公司"）已分别于 2023 年 4 月 4 日和 2023 年 4 月 29 日在上海证券交易所网站（www.sse.com.cn）披露公 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥677,321,058.41, representing a 14.03% increase compared to ¥593,994,655.67 in the same period last year[5] - Net profit attributable to shareholders for Q1 2023 was ¥36,999,548.00, a 30.07% increase from ¥28,445,484.91 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥32,935,261.46, reflecting a 40.48% increase from ¥23,445,498.93 year-on-year[6] - Total operating revenue for Q1 2023 reached ¥677,321,058.41, an increase of 14.0% compared to ¥593,994,655.67 in Q1 2022[20] - Net profit for Q1 2023 was ¥44,514,714.53, representing a 30.2% increase from ¥34,224,794.61 in Q1 2022[21] - The net profit attributable to shareholders of the parent company was ¥36,999,548.00, up 30.2% from ¥28,445,484.91 in Q1 2022[21] - The company reported a total profit of ¥52,825,068.27 for Q1 2023, compared to ¥45,144,361.16 in Q1 2022, marking an increase of 16.9%[21] Cash Flow - The net cash flow from operating activities reached ¥53,494,846.79, marking a significant increase of 100.46% compared to ¥26,685,893.21 in the previous year[6] - In Q1 2023, the company's operating cash inflow was CNY 724,029,920.87, a 30.7% increase from CNY 553,991,576.92 in Q1 2022[24] - The net cash flow from operating activities for Q1 2023 was CNY 53,494,846.79, compared to CNY 26,685,893.21 in Q1 2022, reflecting a significant improvement[24] - Cash inflow from financing activities in Q1 2023 was CNY 382,381,626.24, an increase of 70.4% compared to CNY 224,494,364.00 in Q1 2022[25] - The net cash flow from financing activities was -CNY 33,667,447.47 in Q1 2023, a decline from a positive net flow of CNY 9,917,288.05 in Q1 2022[25] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥4,103,998,921.82, a slight increase of 0.41% from ¥4,087,407,406.39 at the end of the previous year[6] - The company's current assets totaled CNY 2,496,130,475.52, a decrease from CNY 2,544,064,162.15, indicating a decline of about 1.9%[14] - Total liabilities increased to CNY 2,496,130,475.52, reflecting a rise from the previous period[15] - Total liabilities decreased to ¥1,904,507,544.19 in Q1 2023 from ¥1,936,026,605.43 in Q1 2022, a reduction of approximately 1.0%[19] - Total equity increased to ¥2,199,491,377.63 in Q1 2023, compared to ¥2,151,380,800.96 in Q1 2022, reflecting a growth of about 2.2%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,203[10] - The largest shareholder, Tenglong Technology Group Co., Ltd., holds 27.26% of the shares, with 86,676,000 shares pledged[11] - The company reported a total of 10 major shareholders, with Tenglong Technology Group Co., Ltd. holding 133,768,236 shares, representing a significant portion of the equity[12] Research and Development - Research and development expenses for Q1 2023 were ¥26,918,424.03, up from ¥24,085,224.25 in Q1 2022, indicating a focus on innovation[20] Other Financial Metrics - The weighted average return on net assets increased by 0.41 percentage points to 1.91%[6] - Earnings per share for Q1 2023 remained stable at ¥0.08, consistent with Q1 2022[21] - Other comprehensive income after tax for Q1 2023 was ¥1,565,737.13, down from ¥2,895,610.61 in Q1 2022, indicating a decrease of approximately 45.9%[21] Investment Activities - The total cash inflow from investment activities in Q1 2023 was CNY 174,804,050.44, down 54.5% from CNY 384,645,696.07 in Q1 2022[25] - The net cash flow from investment activities was -CNY 77,093,026.79 in Q1 2023, worsening from -CNY 53,051,672.36 in Q1 2022[25] - The total cash outflow from investment activities was CNY 251,897,077.23 in Q1 2023, a decrease from CNY 437,697,368.43 in Q1 2022[25] - The company reported a significant increase in cash paid for purchasing goods and services, totaling CNY 407,856,639.84 in Q1 2023, compared to CNY 304,814,752.72 in Q1 2022[24] Acquisitions - The company completed the acquisition of 51% equity in Hong Kong Fulide Investment Holdings Limited for ¥67.2 million, which was approved in late 2022[6] Market Strategy - The company has not disclosed any new product developments or market expansion strategies in the current report[13]

Financial Performance - The company's operating revenue for 2022 was approximately ¥2.67 billion, representing a year-on-year increase of 14.47% compared to ¥2.33 billion in 2021 [24]. - The net profit attributable to shareholders of the listed company for 2022 was approximately ¥123.43 million, a 34.90% increase from ¥91.50 million in 2021 [24]. - The cash flow from operating activities for 2022 was approximately ¥144.96 million, showing a significant increase of 61.83% compared to ¥89.57 million in 2021 [24]. - Basic earnings per share for 2022 were ¥0.25, reflecting a 19.05% increase from ¥0.21 in 2021 [25]. - The weighted average return on net assets for 2022 was 6.48%, a slight decrease of 0.07 percentage points from 6.55% in 2021 [25]. - The total assets at the end of 2022 were approximately ¥4.09 billion, an increase of 8.87% from ¥3.75 billion at the end of 2021 [24]. - The net assets attributable to shareholders of the listed company at the end of 2022 were approximately ¥1.92 billion, a 4.08% increase from ¥1.84 billion at the end of 2021 [24]. - The company reported a net profit of approximately ¥16.75 million in Q4 2022, a decrease compared to previous quarters [28]. - The company achieved a revenue of 2,669.72 million RMB in 2022, representing a year-on-year growth of 14.47% [35]. - The net profit attributable to shareholders was 123.43 million RMB, an increase of 34.90% compared to the previous year [35]. Dividend Distribution - The company plans to distribute a cash dividend of 0.8 yuan per 10 shares, totaling approximately 39.26 million yuan, which accounts for 31.81% of the net profit attributable to shareholders for the year [6]. - The company plans to maintain a stable profit distribution policy, with cash dividends proposed annually based on profitability and funding needs [134]. - The company has a cash dividend policy that prioritizes cash distributions when conditions are met, with a minimum of 30% of average distributable profits over three years [132]. - The company plans to distribute at least 25% of its distributable profits as cash dividends, subject to certain conditions [131]. - The company reported a cash dividend amount of ¥39,263,944.48, which represents 31.81% of the net profit attributable to ordinary shareholders in the consolidated financial statements [137]. Acquisitions and Investments - The company completed the acquisition of 51% equity in Hong Kong Fulide Investment Holdings Limited for ¥67.20 million, which constitutes a business combination under common control [26]. - The company agreed to acquire a stake in Hong Kong Fulaide Investment Holdings Limited, with the proposal submitted for board review [122]. - The company completed the acquisition of a 12% stake in Beijing Tenglong Tianyuan Rubber and Plastic Co., Ltd. for CNY 71.1 million, increasing its ownership to 88% [79]. - The company has committed to achieving a cumulative net profit of no less than RMB 38 million from 2023 to 2025 for the acquired Hong Kong Fulai Investment Holdings Limited [152]. - The company invested RMB 67.2 million in Tenglong Automotive Parts (Hong Kong) Limited to acquire 51% of the equity in Fulide Investment [159]. Research and Development - The company has significantly increased R&D investment, resulting in successful product validations and production line installations, with wireless charging products developed in-house and partnerships with major smartphone manufacturers [39]. - The company’s R&D expenses rose by 8.74% to CNY 112.63 million, indicating a commitment to innovation and product development [50]. - The company has over 300 patents, including nearly 30 invention patents, enhancing its competitive edge in automotive thermal management systems [47]. - The company aims to enhance operational efficiency by implementing automation in production lines and controlling expense ratios, contributing to cost reduction and efficiency improvement [40]. - The company is committed to increasing R&D efforts to gain recognition for its integrated module products from major manufacturers [95]. Market and Industry Trends - The automotive parts industry is recovering alongside rising vehicle sales, with a favorable innovation environment and supportive government policies expected to drive growth in the next decade [41]. - The implementation of China's "National VI" emission standards is expected to drive rapid growth in the demand for automotive energy-saving and environmental protection components [90]. - The company is actively developing in the hydrogen fuel cell sector, indicating a strategic focus on emerging technologies [42]. - The company is focused on improving its supply chain to adapt to global market demands and enhance international management capabilities [94]. - The company is committed to expanding its product applications in new energy vehicles, aiming for sustainable development in the automotive parts industry [91]. Governance and Compliance - The company has received a standard unqualified audit report from the accounting firm Tianye [5]. - The company has not faced any issues with a majority of directors being unable to guarantee the authenticity of the annual report [8]. - The company has not encountered any violations regarding guarantees during the reporting period [154]. - The company has established internal control systems to manage and supervise its subsidiaries effectively [141]. - The company has not reported any significant internal control deficiencies during the reporting period [140]. Shareholder Structure - The total number of ordinary shareholders as of the end of the reporting period is 24,152 [176]. - The top ten shareholders hold a total of 133,768,236 shares, representing 27.26% of the total shares [179]. - The largest shareholder, Tenglong Technology Group Co., Ltd., increased its holdings by 38,219,496 shares during the reporting period [179]. - The company has a total of 302,015,680 unrestricted circulating shares, representing 86.15% of total shares [170]. - The company has not issued any new securities during the reporting period [176]. Environmental and Social Responsibility - The company has invested ¥1,820,800 in environmental protection during the reporting period [144]. - The company has implemented carbon reduction measures, resulting in a decrease of 756 tons of CO2 equivalent emissions, utilizing clean energy for power generation [147]. - The company has allocated a total of ¥1,145,100 for charitable donations and public welfare projects during the reporting period [148]. Financial Management - The company has engaged in various wealth management activities, with a total investment of RMB 865 million in bank wealth management products [162]. - The company has a structured salary management system that includes performance-based pay to enhance employee motivation [126]. - The company raised a total of 5000 million in capital through various financial products, with interest rates ranging from 1.3% to 1.65% and recovery rates reported at 100% for most products [165]. - The company has a total of RMB 140.87 million in bank wealth management products, with RMB 21.29 million still outstanding [162]. - The company has a total of 48,555,253 restricted shares, which were unlocked during the reporting period [171].

2022 年第三季度报告 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 1 / 14 2022 年第三季度报告 一、 主要财务数据 (一)主要会计数据和财务指标 证券代码：603158 证券简称：腾龙股份 常州腾龙汽车零部件股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 上年同期 比上年同 期增减变 动幅度(%) 年初至报告期末 上年同期 期末比上年 同期增减变 动幅度(%) 调整前 调整后 调整后 调整前 调整后 调整后 营业收入 649,640,881.89 436,283,410.81 436,283,410.81 48.90 1,718,527,427.13 1,424,301,125.06 1,424,301,12 ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,068,886,545.24, representing an increase of 8.18% compared to CNY 988,017,714.25 in the same period last year[18]. - The net profit attributable to shareholders of the listed company decreased by 26.08% to CNY 55,086,063.96 from CNY 74,520,479.43 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 47,730,306.68, down 30.53% from CNY 68,709,619.20 in the same period last year[18]. - The net cash flow from operating activities was CNY 101,633,059.40, a significant increase from a negative CNY 17,967,154.45 in the previous year, marking a 665.66% change[19]. - Basic earnings per share decreased by 38.89% to CNY 0.11 compared to the same period last year[20]. - Diluted earnings per share also decreased by 38.89% to CNY 0.11 compared to the same period last year[20]. - The company reported a total of CNY 6,305,525.43 in government subsidies recognized during the period[22]. - The total comprehensive income attributable to the parent company for the first half of 2022 was CNY 51,606,032.85, down from CNY 71,906,286.31 in the first half of 2021[95]. - The company reported a profit distribution of CNY 85,044,480 for the first half of 2022, with a significant loss of CNY 116,936,160 recorded[112]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 3,688,129,572.66, reflecting a 2.11% increase from CNY 3,612,053,904.99 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company increased by 1.53% to CNY 1,914,749,398.28 from CNY 1,885,813,952.77 at the end of the previous year[19]. - Total liabilities increased to CNY 1,592,799,572.66 from CNY 1,485,004,397.10, marking an increase of about 7.3%[87]. - The company's total assets included ¥166,428,347.04 in overseas assets, accounting for 4.51% of total assets[47]. - The total liabilities at the end of the reporting period were CNY 1,248,306,618.66, indicating a stable financial position[114]. Revenue and Sales - Sales of thermal management system products reached 635.67 million yuan, a year-on-year increase of 24.65%[33]. - EGR systems and sensors generated sales of 121.83 million yuan, up 17.58% year-on-year[33]. - Domestic sales accounted for 806.55 million yuan, a growth of 9.51%, while international sales were 227.00 million yuan, down 2.78%[33]. - The EGR business achieved sales revenue of 121 million yuan, reflecting a growth of 17.58%[37]. - The company reported a total of CNY 466,458,701.18 in sales revenue from goods and services received, an increase from CNY 332,504,649.27 in the first half of 2021, reflecting a growth of approximately 40%[104]. Research and Development - The company aims to enhance R&D capabilities and optimize customer and product structures to improve profitability[28]. - Research and development expenses increased by 6.87% to ¥51,536,611.22, reflecting the company's commitment to enhancing its R&D efforts[44]. - The company holds over 300 patents, including nearly 30 invention patents, demonstrating its technological and quality control capabilities[30]. - Research and development expenses for the first half of 2022 were ¥51,536,611.22, compared to ¥48,223,243.58 in the same period last year, marking a 4.3% increase[93]. Corporate Governance and Compliance - The company has implemented its first employee stock ownership plan to enhance governance and employee cohesion[36]. - The company has committed to not engage in competitive activities that threaten its main business during the tenure of its major shareholders and executives[63]. - The company has not faced any significant environmental penalties and adheres to strict environmental regulations[60]. - There were no significant lawsuits or arbitration matters during the reporting period[66]. - The company has not reported any violations or penalties against its directors, supervisors, senior management, or controlling shareholders during the reporting period[66]. Market and Industry Outlook - The automotive parts industry is expected to continue growing, driven by increasing demand for high-performance and low-emission vehicles[26]. - The company focuses on automotive thermal management systems, with key products including air conditioning pipelines and EGR systems[26]. - Major clients include Honda, Volvo, Ford, and several domestic and international automotive manufacturers[27]. - The company is actively expanding into the hydrogen fuel cell industry, holding a 27.84% stake in New Source Power, its largest shareholder[39]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 28,020[75]. - The top ten shareholders hold a total of 133,768,236 shares, representing 27.26% of the total shares[78]. - The largest shareholder, Tenglong Technology Group, holds 38,219,496 shares, with 97,748,000 shares pledged[78]. - The company has a share repurchase plan approved by the general meeting, with a repurchase price not lower than the issuance price plus bank interest during the relevant period[65]. Financial Policies and Accounting - The company’s financial statements are prepared on a going concern basis, indicating no significant doubts about its ability to continue operations for the next 12 months[123]. - The company adheres to accounting standards, ensuring that its financial reports accurately reflect its financial position, operating results, and cash flows[125]. - The company recognizes expected credit losses based on the risk of default, with the loss being the present value of the difference between all contractual cash flows and expected cash flows[140]. - The company measures financial liabilities at amortized cost using the effective interest method, recognizing gains or losses in the current period when financial assets are derecognized[137]. Taxation - The company benefits from a 15% corporate income tax rate due to high-tech enterprise certification valid from 2021 to 2023[185]. - Subsidiaries also enjoy a 15% corporate income tax rate under similar high-tech certifications and regional tax incentives[186]. - The company is subject to multiple tax rates, including a 13%, 9%, 6%, or 5% VAT depending on the goods or services provided[184].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 562,589,841.51, representing a year-on-year increase of 15.73%[5] - The net profit attributable to shareholders decreased by 38.35% to CNY 27,762,530.12 compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 43.97% to CNY 22,762,544.14[5] - The net profit for Q1 2022 was CNY 33,541,839.82, a decrease of 39.7% compared to CNY 55,751,674.57 in Q1 2021[22] - The total revenue from operating activities was CNY 518,602,467.35, slightly down from CNY 519,752,627.85 in the same period last year[25] - The company reported a net profit margin improvement, with operating income rising significantly while managing costs effectively[20] - The company’s total comprehensive income for Q1 2022 was CNY 31,048,836.54, down from CNY 53,576,030.70 in Q1 2021[22] Earnings and Shareholder Returns - Basic and diluted earnings per share were both CNY 0.08, down 61.90% year-on-year due to an increase in share capital[6] - Basic and diluted earnings per share were both CNY 0.08, compared to CNY 0.21 in the same quarter last year[22] - The weighted average return on equity decreased by 2.25 percentage points to 1.46%[6] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 242.64% to CNY 23,319,475.58[5] - The company reported a net cash flow from operating activities of CNY 23,319,475.58, compared to a negative cash flow of CNY -16,348,186.32 in Q1 2021[25] - Cash and cash equivalents as of March 31, 2022, amounted to RMB 458,052,011.93, compared to RMB 342,618,618.18 at the end of 2021, representing a growth of 33.7%[17] - The cash and cash equivalents at the end of Q1 2022 were CNY 263,996,033.75, an increase from CNY 219,127,121.93 at the end of Q1 2021[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,704,305,111.21, an increase of 2.55% from the end of the previous year[6] - Total assets as of March 31, 2022, were RMB 3,704,305,111.21, up from RMB 3,612,053,904.99 at the end of 2021, reflecting a growth of 2.6%[18] - Total liabilities increased to RMB 1,546,206,766.78 as of March 31, 2022, compared to RMB 1,485,004,397.10 at the end of 2021, representing an increase of 4.1%[19] - The company’s total liabilities decreased to CNY 1,200,000,000.00 from CNY 1,300,000,000.00, indicating a reduction of approximately 7.7%[21] Equity and Investments - The total equity attributable to shareholders was CNY 1,911,083,479.61, up 1.34% from the previous year-end[6] - The company’s equity attributable to shareholders was RMB 1,911,083,479.61 as of March 31, 2022, compared to RMB 1,885,813,952.77 at the end of 2021, showing a growth of 1.3%[19] - Short-term borrowings as of March 31, 2022, were RMB 548,381,016.50, an increase from RMB 486,943,011.98 at the end of 2021, indicating a rise of 12.6%[19] - Investment activities resulted in a net cash outflow of CNY -52,228,037.31, a significant decrease from a net inflow of CNY 37,705,847.81 in the previous year[26] Costs and Expenses - Total operating costs for Q1 2022 were RMB 517,111,233.41, up from RMB 425,949,013.80 in Q1 2021, reflecting a year-over-year increase of 21.4%[20] - Research and development expenses increased to CNY 23,777,063.25, up from CNY 22,277,303.86, reflecting a growth of 6.7% year-over-year[21] - The company’s tax expenses for Q1 2022 were CNY 10,789,479.93, an increase of 28.9% from CNY 8,378,190.66 in Q1 2021[21] Non-Recurring Items - The company reported non-recurring gains of CNY 4,999,985.98 after tax, primarily from government subsidies and other non-operating income[9] - The decline in net profit was mainly attributed to the year-on-year increase in raw material prices[10]