Financial Performance - The net profit attributable to shareholders for 2022 was RMB 19,526,998.41, with retained earnings at RMB 352,292,826.69 by year-end[6]. - The total distributable profit for shareholders is determined to be no more than RMB 365,284,433.44 based on the parent company financial statements[6]. - The company's operating revenue for 2022 was CNY 2,262,400,425.07, representing a year-on-year increase of 19.27% compared to CNY 1,896,887,672.44 in 2021[23]. - The net profit attributable to shareholders of the listed company was CNY 19,526,998.41, a significant increase of 141.8% from a loss of CNY 46,756,298.66 in the previous year[23]. - The basic earnings per share for 2022 was CNY 0.15, compared to a loss of CNY 0.35 in 2021, marking a substantial recovery[24]. - The weighted average return on net assets increased by 5.23 percentage points to 1.56% in 2022, up from -3.67% in 2021[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 131.0% to CNY 26,220,720.76 in 2022[23]. - The company reported a significant reduction in financial expenses by 61.13% to ¥48,178,926.50, mainly due to foreign exchange gains from the appreciation of the US dollar and reduced interest expenses from lower loan volumes[52]. - The company reported a total revenue of 2,500.00 million for its new energy automotive power systems, with a significant increase in user data showing 896.51 million in sales, reflecting a growth of 859.99 million despite a loss of 205.24 million[96]. Dividend Policy - The company will not distribute cash dividends, issue bonus shares, or increase capital from reserves for the 2022 fiscal year[6]. - The company implements a stable cash dividend policy, distributing at least 10% of the annual distributable profit in cash dividends[146]. - The company prioritizes cash dividends over stock dividends, with a minimum cash dividend ratio of 80% for mature companies without major capital expenditures[147]. - The retained earnings will be used for daily operations, future investments, and development, reflecting the need for increased resources in product R&D and market expansion[152]. - The company committed to ensuring that cash dividends distributed each year will not be less than 10% of the annual distributable profits, with a cumulative cash distribution over the last three years not less than 30% of the average annual distributable profits[182]. Strategic Initiatives - The company plans to continue expanding its market presence and product offerings, focusing on new technologies and strategic acquisitions[25]. - The company aims to expand its market presence internationally, particularly in Asia and Europe, to increase its market share and enhance cooperation with existing international clients[100]. - The company is actively seeking to develop new markets and products, including differential housings for various vehicle types and cast products for construction machinery[98]. - The company is exploring acquisition opportunities to enhance its product portfolio, targeting firms with complementary technologies[117]. - The company has ongoing commitments related to the disposal of equity stakes and ensuring the independence of the listed company, as outlined in its disclosures[180]. Risk Management - The company has detailed potential risks in the report, which can be found in the sections discussing management analysis and future development[9]. - The company is facing market risks due to the rapid development of new energy vehicles and economic fluctuations, which could impact its revenue and profit margins[102]. - The company is closely monitoring raw material market changes and has established a pricing adjustment mechanism with customers to manage raw material price fluctuations[104]. - The company is experiencing an increase in international business volume and foreign income, which may lead to exchange rate risks affecting operational performance[104]. Governance and Compliance - The company has undergone several changes in supervisory and management personnel, reflecting ongoing organizational adjustments[121]. - The company continues to ensure compliance with regulatory requirements regarding supervisory board elections and appointments[119]. - The company has faced regulatory scrutiny for not adequately disclosing risks associated with performance forecasts[128]. - The company has been proactive in addressing governance issues following regulatory feedback, aiming to improve transparency and accountability[128]. - The company received a public criticism from the Shanghai Stock Exchange on August 26, 2022, due to significant discrepancies between actual and forecasted performance, impacting investor expectations[128]. Environmental and Social Responsibility - The company invested RMB 1,589,800 in environmental protection during the reporting period[161]. - The company has established a mechanism for environmental protection and complies with relevant pollution discharge standards[162]. - The company has been recognized as a national-level "Green Factory" by the Ministry of Industry and Information Technology in 2019[173]. - The company is committed to sustainable development and reducing resource consumption through green design methods in product development[172]. - The company invested a total of 700,000 CNY in charitable donations, specifically to the Liyang Charity Association[175]. Research and Development - The company is investing in research and development, allocating a significant portion of its budget to foster innovation and technological advancements[115]. - The company is focusing on enhancing its R&D capabilities by integrating existing technical resources and expanding laboratory capabilities to support new material technologies and production processes[100]. - The company filed for 10 patents and received 13 patent authorizations, bringing the total authorized patents to 156, with 145 currently valid[38]. - The company has adopted advanced technologies and standards through industry-academia-research cooperation to enhance its R&D capabilities and shorten the gap with international advanced technology levels[47]. Operational Efficiency - The company has implemented a lean management system to improve quality and reduce production costs, ensuring stable and reliable product quality[49]. - The introduction of smart factory designs and digital technologies has improved production efficiency and energy utilization rates[50]. - The company has a strong focus on product quality, having obtained multiple quality management certifications, ensuring effective quality control throughout the production process[48]. - The company has developed a subsidiary management system to enhance performance evaluation and financial management across its subsidiaries[156].

编号：2022-001 □特定对象调研 □分析师会议 □媒体采访 √业绩说明会 投资者关系活动 □新闻发布会 □路演活动 类别 □现场参观 □其他（请文字说明其他活动内容） 证券代码：603161 证券简称：科华控股 科华控股股份有限公司 投资者关系活动记录表 | --- | --- | |-----------------------|----------------------------------------------------------------------------------------------------------------------------------| | | | | 参与单位名称及 | | | 人员姓名 | 线上参与公司 2021 年度业绩说明会的投资者 | | 时间 | 2022 年 05 月 20 日( 星期五)下午 16:00-17:00 | | 地点 | 上海证券交易所上证路演中心 （网址： http://roadshow.sseinfo.com/ ） | | 上市公司接待人 员姓名 | 非独立董事兼总经理：宗楼 非独立董事兼副总经理：陈小华 独立董事：许 ...

2022 年第三季度报告 证券代码：603161 证券简称：科华控股 科华控股股份有限公司 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。 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。 公司负责人陈洪民、主管会计工作负责人王志荣及会计机构负责人（会计主管人员）王志荣 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 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 | | 年初至报 告期末比 | | --- | --- | --- | --- | --- | | | | 期增减变 | 年初至报告期末 | 上年同期 | | | | 动幅度 | | 增减变动 | | | | (%) | | 幅度(%) | | 营业收入 | 588,475,378.93 | 20.24 | 1,543 ...

Financial Performance - The net profit attributable to shareholders decreased by 260.93% compared to the same period last year, primarily due to rising raw material costs and increased asset impairment losses[22]. - Basic earnings per share (EPS) for the first half of 2022 was -0.40 yuan, a decrease of 266.67% year-on-year[22]. - The diluted EPS also stood at -0.40 yuan, reflecting the same percentage decrease as basic EPS[22]. - The weighted average return on net assets dropped by 6.8 percentage points to -4.34% compared to the previous year[22]. - The net cash flow from operating activities decreased by 123.14% year-on-year, attributed to an increase in receivables and rising costs of raw materials like nickel[22]. - The basic EPS after deducting non-recurring gains and losses was -0.47 yuan, a decline of 413.33% from the previous year[22]. - The weighted average return on net assets after deducting non-recurring gains and losses fell to -5.16% from 1.54% in the previous year[22]. - The company’s operating revenue for the first half of 2022 was approximately ¥955.26 million, a slight decrease of 0.13% compared to the same period last year[23]. - The net profit attributable to shareholders was a loss of approximately ¥52.46 million, representing a decline of 260.93% year-on-year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of approximately ¥62.50 million, a decrease of 405.69% compared to the previous year[23]. - The net cash flow from operating activities was approximately -¥28.01 million, down 123.14% from ¥121.06 million in the same period last year[23]. Operational Developments - The company operates in the automotive manufacturing industry, specifically in the turbocharger components segment, with a significant increase in the automotive production and sales in China, which grew by 29.7% and 34.4% respectively in the first half of 2022[28]. - The company has established stable strategic partnerships with major global turbocharger manufacturers, enhancing its market competitiveness[29]. - The company is focused on continuous improvement and market expansion, aiming to increase its market share in the automotive parts industry[30]. - The company emphasizes technological innovation and has a strong R&D team to support product development and quality improvement[33]. - The company has a well-defined procurement and production model, ensuring quality control and efficiency in its operations[31]. - The company established a lean production office in 2022 to enhance quality and cost improvements, aiming to increase overall product competitiveness[41]. - The company has integrated new production lines for differential housings and new energy components, enhancing production capacity[41]. - The company has entered the qualified supplier lists of global manufacturers such as BorgWarner and Garrett, establishing stable strategic partnerships[39]. - The company invested 2,000.00 million yuan to hold a 70% stake in a joint venture, Jiangsu Kehua Chassis Technology Co., Ltd., to expand into the air disc brake field[41]. - The company has implemented a strict quality control system, achieving multiple quality management certifications including ISO16949 and IATF16949[35]. - The company has adopted advanced technologies such as 3D printing and automated production lines to improve production efficiency and product quality[36]. - The company is focusing on expanding its customer base globally by establishing subsidiaries in Germany, the USA, and Hong Kong[41]. - The company emphasizes continuous technological innovation, holding multiple patents in key manufacturing processes[39]. Financial Position - The total assets at the end of the reporting period were approximately ¥3.81 billion, a decrease of 4.89% from the previous year-end[23]. - The company’s total assets decreased to CNY 3,629,297,604.96 from CNY 3,864,823,025.03, reflecting a decline of 6.08%[117]. - Total liabilities decreased to CNY 2,431,680,113.42 from CNY 2,629,296,551.33, a reduction of 7.5%[117]. - The company's equity decreased to CNY 1,197,617,491.54 from CNY 1,235,526,473.70, a decline of 3.07%[117]. - The company reported a total guarantee amount of 35,000,000.00 RMB, which accounts for 2.93% of its net assets[92]. - The company’s total liabilities at the end of the reporting period were CNY 1,192,854,078.15, indicating a stable financial position[139]. - The total owner's equity at the end of the reporting period is RMB 1,306,850,981.96, with a decrease of RMB 16,808,400.00 in distributions to owners[147]. Cash Flow and Financing - The net cash flow from operating activities turned negative at approximately -¥28.01 million, a decline of 123.14% compared to ¥121.06 million in the previous year[42]. - The net cash flow from investment activities improved to ¥125.78 million, compared to a negative cash flow of -¥169.55 million in the same period last year[42]. - The company’s receivables financing increased by 123.90% to ¥177.25 million, reflecting an increase in bank acceptance bill settlements[46]. - Cash inflow from financing activities totaled RMB 458,819,869.00, down from RMB 879,797,110.54 in the same period last year[130]. - The net cash flow from financing activities was RMB -114,043,214.06, a decline from RMB 24,963,850.22 in the previous year[130]. - The company reported a cash outflow of RMB 764,226,537.26 for purchasing goods and services, which increased from RMB 657,384,246.04 in the previous year[129]. Compliance and Governance - The company received a warning letter from the China Securities Regulatory Commission in June 2022, indicating significant discrepancies between the performance forecast and audited financial data, affecting investor expectations[85]. - Following the warning, the company emphasized compliance and improved the financial knowledge of its management team to prevent future discrepancies[86]. - The company and its main subsidiary, Lianhua Machinery, comply with the emission standards for air pollutants and wastewater discharge as per national regulations[72]. - The company has implemented advanced energy-saving and pollution control equipment, ensuring that energy consumption and pollutant emissions are at an industry-leading level[73]. - The company has established an emergency response plan for environmental incidents, which has been filed with local environmental authorities[75]. - The company has developed a self-monitoring plan for environmental emissions, regularly conducting monitoring and publicly disclosing results[77]. Shareholder and Capital Structure - The company’s major shareholders transferred a total of 16,008,000 shares, representing 12% of the total share capital, to a new controlling party in July 2022[93]. - A private placement agreement was signed for the issuance of 40,000,000 shares at a price of 8.85 RMB per share, with a total subscription amount not exceeding 354,000,000.00 RMB[94]. - After the private placement, the new shareholder will hold 56,008,000 shares, accounting for 32.30% of the total share capital post-issuance[94]. - The company plans to transfer 12,186,850 shares from controlling shareholder Chen Hongmin to Chen Wei, reducing Chen Hongmin's ownership from 48,747,400 shares (36.54%) to 36,560,550 shares (27.41%) after the transfer[104]. - As of the end of the reporting period, the total number of ordinary shareholders was 13,996[99]. - The top ten shareholders include Chen Hongmin with 48,747,400 shares (36.54%) and Chen Xiaoke with 13,440,000 shares (10.07%)[101]. - The company has not experienced any changes in total shares or capital structure during the reporting period[98]. - The company has no preferred shareholders with restored voting rights as of the reporting period end[99]. Research and Development - Research and development expenses rose significantly by 36.47% to ¥40.54 million, primarily due to increased investment in the casting process[44]. - Research and development expenses increased to approximately ¥37.42 million in the first half of 2022, up from ¥27.28 million in the same period of 2021, reflecting a growth of 37.4%[123]. Environmental Responsibility - The company has been recognized as a national "Green Factory" by the Ministry of Industry and Information Technology in 2019[79]. - The company commits to distributing at least 10% of its distributable profits in cash dividends annually, with a cumulative distribution of no less than 30% of the average annual distributable profits over the last three years[83].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 546,062,582.48, representing a year-on-year increase of 7.99%[6] - The net profit attributable to shareholders of the listed company was a loss of CNY 16,600,026.19, a decrease of 155.30% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 21,003,842.49, a decrease of 183.84% year-on-year[6] - The basic and diluted earnings per share were both CNY -0.12, a decrease of 152.17% year-on-year[6] - The company reported a net profit of -16,651,618.73 RMB for Q1 2022, compared to a net profit of 30,015,570.24 RMB in Q1 2021, indicating a significant decline[21] - Operating profit for Q1 2022 was -18,249,197.55 RMB, down from 29,798,373.55 RMB in the same period last year[21] - The company incurred a total comprehensive loss of -16,702,211.63 RMB in Q1 2022, compared to a total comprehensive income of 29,989,200.65 RMB in Q1 2021[21] - The net profit for Q1 2022 was a loss of CNY 8,155,309.67, compared to a profit of CNY 29,147,830.29 in Q1 2021, indicating a significant decline[31] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 106,908,605.71, an increase of 309.04% compared to the previous year[6] - Cash flow from operating activities generated a net inflow of 106,908,605.71 RMB, an increase from 26,136,432.88 RMB in Q1 2021[22] - The company reported a decrease in operating cash outflows, totaling 571,775,331.84 RMB in Q1 2022, compared to 583,677,339.42 RMB in Q1 2021[22] - The company's total liabilities increased, with cash outflows from financing activities resulting in a net cash outflow of -33,395,502.68 RMB in Q1 2022[23] - The ending balance of cash and cash equivalents was ¥117,280,716.40, down from ¥397,176,301.38 at the end of Q1 2021, a decrease of approximately 70.5%[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,848,972,932.71, a decrease of 3.83% from the end of the previous year[7] - The equity attributable to shareholders of the listed company was CNY 1,229,178,912.11, a decrease of 1.19% from the end of the previous year[7] - Total current assets decreased to CNY 1,727,180,008.83 in Q1 2022 from CNY 1,819,111,412.24 in Q4 2021, a decline of 5.1%[15] - Total liabilities decreased to CNY 2,609,873,747.81 in Q1 2022 from CNY 2,758,110,226.56 in Q4 2021, a reduction of 5.4%[16] - The total assets decreased from CNY 3,864,823,025.03 in the previous year to CNY 3,672,200,320.13 in Q1 2022, a reduction of approximately 5%[27] - The total liabilities decreased from CNY 2,629,296,551.33 to CNY 2,443,248,351.08, reflecting a decline of about 7.1%[27] Operational Efficiency - Total operating costs for Q1 2022 were CNY 548,563,959.23, up 13.9% from CNY 481,221,231.17 in Q1 2021[19] - Gross profit margin decreased to approximately 0.4% in Q1 2022 from 4.8% in Q1 2021[19] - The decrease in net profit was primarily due to rising raw material costs and delayed adjustments in sales prices, leading to reduced gross margins[8] - Accounts receivable increased to CNY 566,601,838.17 in Q1 2022, compared to CNY 549,422,399.94 in Q4 2021, reflecting a growth of 3.2%[15] - Inventory decreased to CNY 545,937,132.31 in Q1 2022 from CNY 626,020,088.73 in Q4 2021, a decline of 12.8%[15] Government Support and Other Income - The company received government subsidies amounting to CNY 6,042,162.75 during the reporting period[8] - The company reported a significant increase in other income, rising from CNY 5,086,124.75 to CNY 5,960,575.54, an increase of about 17.2%[31] Research and Development - Research and development expenses for Q1 2022 were CNY 13,765,598.19, slightly up from CNY 13,594,333.69 in Q1 2021, indicating a focus on innovation[31]

Financial Performance - The net profit attributable to shareholders for 2021 was a loss of RMB 46,756,298.66, resulting in a cumulative undistributed profit of RMB 334,586,685.71 as of December 31, 2021[6]. - The company will not distribute cash dividends, issue bonus shares, or increase capital from reserves for the 2021 fiscal year due to the negative net profit[6]. - The company has reported a total of RMB 400,405,614.94 in undistributed profits at the beginning of the year, with cash dividends of RMB 16,808,400.00 distributed for the previous year[6]. - The company's operating revenue for 2021 was CNY 1,896,887,672.44, representing a year-on-year increase of 16.94% compared to CNY 1,622,153,523.64 in 2020[24]. - The net profit attributable to shareholders of the listed company was a loss of CNY 46,756,298.66, a decrease of 324.11% compared to a profit of CNY 20,862,718.00 in 2020[24]. - The basic earnings per share for 2021 was -CNY 0.35, a decrease of 318.75% from CNY 0.16 in 2020[25]. - The weighted average return on equity was -3.67%, down from 1.61% in 2020, indicating a significant decline in profitability[25]. - The company reported a significant decline in net profit in the fourth quarter, primarily due to delayed price adjustments by customers and inventory impairment provisions[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 84,562,619.00, compared to a profit of CNY 326,494.82 in 2020[24]. - The net cash flow from operating activities increased by 145.12% to CNY 297,872,970.34 from CNY 121,521,526.29 in the previous year[24]. Risk Management and Compliance - The company has detailed potential risks in its management discussion and analysis section, which investors are advised to review[9]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[8]. - The company has not violated decision-making procedures for providing guarantees[8]. - The company has not faced any situations where more than half of the directors could not guarantee the report's authenticity[8]. - The company is monitoring external factors such as raw material prices and market conditions that could adversely affect its profitability[99]. - The company will mitigate foreign exchange risks by monitoring foreign currency transactions and may use forward foreign exchange contracts[99]. - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating compliance with regulations[121]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[183]. Corporate Governance - The board of directors and supervisory board members have all attended the board meeting, ensuring the report's authenticity and completeness[4]. - The company has not engaged in any mergers or acquisitions during the reporting period[109]. - The company’s board of directors and management team have remained consistent, which is expected to contribute to stable governance and strategic direction[110]. - The company has established a subsidiary management system to enhance support, guidance, and management of subsidiaries, ensuring compliance with the Company Law and improving corporate governance[148]. - The company has undergone changes in its board, with several directors and independent directors being elected or resigning during the reporting period[120]. - The company has implemented a long-term mechanism to prevent issues related to independent directors serving over six years, including regular training and compliance checks[151]. Research and Development - Research and development expenses for 2021 amounted to 66.56 million yuan, with 12 patent applications filed and 6 patents granted, including 5 invention patents[36]. - The company has successfully developed new products, including a collaboration with Daimler Group on electric vehicle motor products, and is supplying hybrid products to major automotive brands[36]. - The company has a strong focus on R&D capabilities and cost control, which are critical for maintaining its competitive edge in the automotive parts sector[90]. - The total R&D investment represented 3.51% of the operating revenue, highlighting the company's commitment to technological advancement[67]. - The company has 300 R&D personnel, accounting for 10.43% of the total workforce, indicating a strong focus on innovation[68]. Market and Industry Trends - The automotive industry, which the company operates in, saw a production and sales increase of 3.40% and 3.80% respectively in 2021, with new energy vehicle sales skyrocketing by 159.52%[38]. - Global automotive production reached 80.15 million units in 2021, marking a 3.13% increase year-on-year, while global sales rose by 4.96% to 82.68 million units[39]. - The company is focusing on expanding its product offerings beyond turbochargers to include other key automotive components, such as differential housings[43]. - The implementation of stricter environmental regulations is driving demand for turbochargers, presenting new market opportunities for the company[41]. - The company plans to expand its overseas market presence, particularly in Asia and Europe, while enhancing cooperation with existing international clients to increase its market share[95]. Financial Management - The company has established a flexible and effective compensation system, with production workers on a monthly salary and managerial staff on an annual salary linked to performance[134][135]. - The company emphasizes a stable cash dividend policy, prioritizing cash dividends over stock dividends, and plans to distribute dividends annually if conditions are met[138]. - The company has a cash dividend policy requiring at least 10% of the distributable profit to be distributed in cash annually, with a cumulative distribution of at least 30% over the last three years[139]. - The company will strengthen cost management and budget control to improve cash flow and maintain adequate cash reserves for daily operations[98]. - The company faces funding pressure as it relies on internal accumulation and bank loans for capital, which may not meet the needs for capacity expansion[97]. Environmental and Social Responsibility - The company is focused on green and sustainable development, implementing clean production practices and investing in necessary environmental protection equipment[168]. - The company has committed to distributing at least 10% of its distributable profits in cash dividends annually, ensuring a minimum of 30% distribution over the last three years[178]. - The company actively participated in poverty alleviation efforts by creating job opportunities and supporting local communities through donations[166]. - Environmental protection measures are in place, with all key pollutant discharge units operating in accordance with national laws and regulations[159]. - The company conducts regular environmental monitoring, including air and water quality assessments, in compliance with regulatory requirements[162]. Shareholder Relations - The company engages with minority shareholders to gather opinions before finalizing dividend proposals[140]. - The company has a commitment to not transfer or delegate shares held by major shareholders for a period of 36 months following the IPO[173]. - The company has a plan to gradually reduce shareholdings after the lock-up period, adhering to relevant regulations[175]. - The company reported a total guarantee amount of 35,000,000.00 RMB, which accounts for 2.81% of the company's net assets[188]. - The actual related party transaction amount with Chen Hongmin was 271,691.58 RMB, compared to the estimated amount of 300,000.00 RMB[184].

2021 年第三季度报告 证券代码：603161 证券简称：科华控股 科华控股股份有限公司 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。 公司负责人陈洪民、主管会计工作负责人王志荣及会计机构负责人（会计主管人 员）王志荣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 1 / 13 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(%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 489,405,656.59 7.90 1,445,911,163.02 28.29 归属于上市公司股 东的净利润 4,934,386.41 不适用 37,531,454.05 不适用 2021 年第三季度 ...

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the first half of 2021, representing a year-on-year increase of 15%[11]. - The net profit attributable to shareholders reached 200 million RMB, up 20% compared to the same period last year[11]. - The company's operating revenue for the first half of 2021 was ¥956,505,506.43, representing a 42.02% increase compared to ¥673,510,757.64 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2021 reached ¥32,597,067.64, a significant increase of 10,735.86% from ¥300,825.71 in the previous year[20]. - The company has set a performance guidance of 1.5 billion RMB in revenue for the second half of 2021, reflecting a 25% growth target[11]. - The company reported a significant increase in net profit due to the recovery of customer demand as the pandemic was brought under control[22]. - The company reported a total of CNY 992,582,943.12 in restricted assets, primarily due to bank loan pledges and guarantees[48]. - The company reported a total comprehensive income of CNY 30.62 million, compared to CNY 1.14 million in the same period of 2020, reflecting a growth of approximately 2,579%[119]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[11]. - The company has established stable strategic partnerships with global turbocharger manufacturers such as Garrett and BorgWarner, enhancing its market position[26]. - The company has entered the qualified supplier lists of major global turbocharger manufacturers, including Garrett and BorgWarner, establishing stable strategic partnerships[38]. - The company aims to enhance its ability to face market risks by increasing efforts in domestic market development and optimizing product structure[57]. Research and Development - The company has allocated 100 million RMB for research and development in new technologies for the upcoming fiscal year[11]. - New product development includes the launch of a high-efficiency turbocharger, expected to increase sales by 10% in the next quarter[11]. - The company is focused on the research, development, and production of key components for turbochargers, indicating ongoing investment in technology and product innovation[26]. - The company has invested in advanced technologies such as 3D printing and automated production lines, which have improved product development speed and manufacturing precision[33]. - Research and development expenses for the first half of 2021 were ¥32,721,954.33, slightly up from ¥32,606,627.80 in the same period of 2020, indicating a focus on innovation[114]. Financial Position and Assets - The company's total assets increased by 6.89% to ¥4,265,521,444.80 compared to ¥3,990,408,066.24 at the end of the previous year[20]. - The company's total assets at the end of the reporting period amounted to ¥4,123,510,190.53, up from ¥3,857,774,932.43 at the end of the previous period, marking an increase of approximately 6.9%[112]. - Total liabilities reached CNY 2,942,301,673.62, up from CNY 2,682,617,916.39, which is an increase of approximately 9.7%[108]. - The total equity attributable to shareholders increased to CNY 1,323,219,771.18 from CNY 1,307,790,149.85, reflecting a growth of approximately 1.2%[108]. Operational Efficiency - The company has implemented a lean management system across R&D, procurement, production, and quality inspection processes to ensure stable product quality and operational efficiency[34]. - The company aims to enhance product quality through continuous quality management initiatives and technological upgrades[40]. - The company has developed a comprehensive quality control system to monitor and ensure product quality throughout the production process[34]. Environmental Compliance - The company has installed a new bag filter dust removal facility, achieving a dust emission concentration of less than 15 mg/m³ and a dust removal efficiency of 99.9%[73]. - All key pollutant discharge units have obtained environmental impact assessment reports approved by local environmental authorities[74]. - The company conducts annual monitoring of air pollutants and wastewater parameters as per its environmental self-monitoring plan[76][77]. - There were no administrative penalties imposed on the company due to environmental issues during the reporting period[78]. Corporate Governance - The company held two shareholder meetings during the reporting period, with resolutions passed regarding the election of the third board of directors and the financial budget for 2021[62]. - The company appointed new independent directors and non-independent directors as part of the board restructuring[64]. - The company’s management team saw changes, including the appointment of a new general manager and financial officer[67]. Risk Management - The management highlighted potential risks including supply chain disruptions and increased raw material costs[11]. - The company will closely monitor changes in the raw material market, industry policies, and macroeconomic conditions to mitigate market risks[57]. - The company is implementing measures to minimize foreign exchange risks by monitoring foreign currency transactions and may use forward foreign exchange contracts[58]. Shareholder Information - The largest shareholder, Chen Hongmin, increased his holdings by 1,387,400 shares, bringing his total to 48,747,400 shares, which represents 36.54% of the total share capital[100]. - The total number of ordinary shareholders at the end of the reporting period was 13,888[95]. - The total number of restricted shares for the top three shareholders remains unchanged at 64,000,000 shares, with a release date set for January 18, 2021[98].

Financial Performance - Operating revenue rose by 42.15% to CNY 505,659,916.91 year-on-year, driven by expanded production scale and increased customer orders[6] - Net profit attributable to shareholders increased by 71.38% to CNY 30,015,570.24, supported by enhanced production capacity and improved gross margin[7] - Basic and diluted earnings per share rose by 76.92% to CNY 0.23[5] - The company expects a significant increase in both operating revenue and cumulative net profit compared to the same period last year, based on current market conditions[16] - Total operating revenue for Q1 2021 was approximately ¥505.66 million, a 42% increase from ¥355.71 million in Q1 2020[28] - Net profit for Q1 2021 reached approximately ¥30.02 million, compared to ¥17.51 million in Q1 2020, marking a 71% increase[29] - Operating profit for Q1 2021 was approximately ¥29.80 million, an increase from ¥21.59 million in Q1 2020, reflecting a 38% growth[29] Cash Flow - Net cash flow from operating activities decreased by 88.01% to CNY 26,136,432.88, primarily due to increased expenditures on raw materials and employee compensation[6] - Operating cash inflow for Q1 2021 was CNY 609,813,772.30, a decrease of 5.5% compared to CNY 645,626,863.91 in Q1 2020[35] - Operating cash outflow for Q1 2021 totaled CNY 583,677,339.42, up 36.5% from CNY 427,553,892.44 in Q1 2020[35] - Net cash flow from financing activities for Q1 2021 was CNY 63,640,097.52, compared to a negative cash flow of CNY 68,905,335.79 in Q1 2020[36] - The company reported a net increase in cash and cash equivalents of CNY 50,972,122.23 for Q1 2021, compared to CNY 15,627,870.62 in Q1 2020[36] Assets and Liabilities - Total assets increased by 5.46% to CNY 4,208,196,276.13 compared to the end of the previous year[5] - Current liabilities rose to CNY 2,062,912,815.67, compared to CNY 1,879,874,486.73, reflecting an increase of about 9.7%[20] - The company's total liabilities reached CNY 2,870,611,166.17, an increase of 7.0% from CNY 2,682,617,916.39[21] - Owner's equity amounted to CNY 1,337,585,109.96, up from CNY 1,307,790,149.85, showing a growth of approximately 2.3%[21] - Cash and cash equivalents stood at CNY 441,863,345.33, compared to CNY 390,487,575.35, marking an increase of about 13.1%[23] Inventory and Receivables - Inventory level rose to ¥491,153,187.16, compared to ¥445,235,091.42 at the end of the previous year, indicating a buildup in stock[19] - Accounts receivable decreased to CNY 502,470,146.73 from CNY 518,435,512.22, a decline of approximately 3.1%[24] - Inventory increased to CNY 480,039,260.02, up from CNY 434,735,062.49, reflecting a growth of about 10.4%[24] Expenses - Operating costs increased to ¥418,620,406.27, up 40.32% year-on-year, primarily driven by the rise in operating revenue[14] - The company reported a significant increase in financial expenses, totaling ¥21,583,280.14, which is a 253.35% increase compared to the previous year, mainly due to exchange rate fluctuations and increased bank loan interest[14] - Research and development expenses for Q1 2021 were approximately ¥14.61 million, slightly down from ¥14.89 million in Q1 2020[28] - Financial expenses for Q1 2021 were approximately ¥21.58 million, significantly higher than ¥6.11 million in Q1 2020[28] Shareholder Information - The total number of shareholders reached 7,777, with the top shareholder holding 35.50% of the shares[10] - The company received approval from the China Securities Regulatory Commission for a non-public stock issuance, although no new shares have been issued as of the report date[15] Other Income and Expenses - Non-operating income totaled CNY 4,964,302.01, with government subsidies contributing significantly[9] - The company reported a decrease in credit impairment losses by 92.48%, reflecting improved management of bad debt provisions[14] - Other income for Q1 2021 was approximately ¥5.16 million, compared to ¥3.97 million in Q1 2020, indicating a 30% increase[28]