浙江德创环保科技股份有限公司 全体董事、监事和高级管理人员 关于 2023 年半年度报告的书面确认意见 根据《中华人民共和国证券法》和《上海证券交易所股票上市规 则》等有关规定的相关要求,作为公司的董事和高级管理人员，我们 对公司 2023 年半年度报告发表如下书面确认意见: 1、公司严格按照各项财务制度规范运作,公司《2023 年半年度 报告》包含的信息公允、全面、真实地反映了公司本报告期的财务状 况和经营成果等事项。 2、我们保证公司《2023 年半年度报告》所披露的信息真实、准 确、完整，承诺本报告所载资料不存在任何虚假记载、误导性陈述或 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的法 律责任。 （下接签字页） | | | 年 月 日 [本页无正文，为浙江德创环保科技股份有限公司监事关于公司《2023 年半年度报告》的书面确认意见之签字页] 全体监事签署： 黄小根 陆越刚 言莉莉 年 月 日 [本页无正文，为浙江德创环保科技股份有限公司董事关于公司《2023 年半年度报告》的书面确认意见之签字页] 全体董事签署： [本页无正文，为浙江德创环保科技股份有限公司高级管理人员关于公 司《202 ...

浙江德创环保科技股份有限公司 章 程 二〇二三年八月 第一章 总则 第一条 为维护公司、股东和债权人的合法权益，规范公司的组织和行为，充分发挥 公司党建工作的领导核心和政治核心作用，根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《中国共产党章 程》（以下简称"《党章》"）和其他有关规定，制订本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司（以下简称"公 司"）。 公司由原浙江德创环保科技有限公司全体股东共同作为发起人，以原浙江德创环保科 技有限公司经审计确认的账面净资产整体折股进行整体变更的方式设立。 公 司 在 浙 江 省 市 场 监 督 管 理 局 注 册 登 记 ， 取 得 营 业 执 照 ， 营 业 执 照 号 91330600779389434M。 第三条 公司于 2016 年 12 月 28 日经中国证券监督管理委员会（以下简称"中国证监 会"）核准，首次向社会公众发行人民币普通股 5,050 万股，于 2017 年 2 月 7 日在上海证 券交易所上市。 第四条 公司注册名称： 中文全称：浙江德创环保科技股份有 ...

证券代码：603177 证券简称：德创环保 公告编号：2023－045 浙江德创环保科技股份有限公司 关于公司向控股子公司提供借款暨关联交易 的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 浙江德创环保科技股份有限公司（以下简称"公司"）将向控股子公司浙江德 创钠电新能源有限公司（以下简称"德创钠电"）提供2,200万元借款额度，借 款利率为中国人民银行同期贷款利率，借款期限为3年，相应额度在期限内 可滚动使用。 公司关联方公司常务副总经理陈彬先生、董事会秘书沈鑫先生分别持有德创 钠电6%、4%股权，将分别向德创钠电提供240万元、160万元借款额度，借 款利率为中国人民银行同期贷款利率，借款期限为3年，相应额度在期限内 可滚动使用。 一、关联交易基本情况 2023 年 8 月 28 日，公司召开第四届董事会第十七次会议，审议通过《关于 公司向控股子公司提供借款暨关联交易的议案》，本次关联交易事项无需提交股 东大会审议。 本次交易构成关联交易，已经公司第四届董事会第十七次会议审议通过。本 次关联交易事项 ...

证券代码：603177 证券简称：德创环保 公告编号：2023-047 浙江德创环保科技股份有限公司 2023 年半年度环保行业经营性信息简报 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。 一、报告期内（2023 年 1-6 月份）公司新增订单情况 报告期内，公司新增订单金额为 45,908.73 万元，按公司业务板块划分如下： 2023 年 8 月 30 日 2、固废危废类（已收储的工业废盐等待处理）待执行订单 1,741.16 万元； 3、其他类待执行订单 124.37 万元。 特此公告。 浙江德创环保科技股份有限公司董事会 1、大气治理类订单新增 44,268.88 万元； 2、固废危废类订单（工业废盐等收储）新增 1,639.85 万元。 二、公司在手订单情况及订单状态 截至报告期末（2023 年 6 月 30 日），公司在手待执行订单金额共计 86,398.99 万元，按公司业务板块划分如下： 1、大气治理类待执行订单 84,533.46 万元； ...

Financial Performance - The company's operating revenue for 2022 was RMB 797,117,036.21, representing a year-on-year increase of 28.33% compared to RMB 621,133,024.77 in 2021[21]. - The net profit attributable to shareholders of the listed company turned from a loss of RMB -80,805,537.90 in 2021 to a profit of RMB 9,346,232.44 in 2022[21]. - The net cash flow from operating activities improved significantly, moving from RMB -27,452,246.45 in 2021 to RMB 3,876,460.31 in 2022[21]. - The total assets of the company increased by 8.44%, reaching RMB 1,494,495,684.34 at the end of 2022, compared to RMB 1,378,228,054.15 at the end of 2021[21]. - The basic earnings per share for 2022 was RMB 0.05, a recovery from a loss of RMB -0.40 per share in 2021[22]. - The weighted average return on net assets increased to 2.65% in 2022, up from -21.72% in 2021, marking a significant recovery[22]. - Operating costs increased by 6.84% to CNY 590.90 million, which was lower than the revenue growth rate, indicating effective cost control measures[52]. - The gross profit margin for the environmental protection industry segment was 25.87%, an increase of 14.91 percentage points compared to the previous year[55]. Strategic Initiatives - The company plans to continue expanding its overseas orders and adjusting its operational strategies to sustain growth in the coming years[23]. - The company implemented a sodium battery industry strategy, aligning with the dual carbon policy and new energy development opportunities[33]. - The company established subsidiaries or offices in India, Indonesia, and Thailand to enhance brand influence and international competitiveness[34]. - The company is focusing on talent acquisition and retention through stock incentive plans and performance assessments to support high-quality development[49]. - The company is actively developing waste salt resource utilization, recovering high-purity sodium chloride and sodium sulfate as by-products for sale, targeting large pharmaceutical and chemical enterprises[45]. - The company is seeking to expand its market presence through potential mergers and acquisitions, as discussed in the shareholder meetings[94]. Research and Development - The company invested CNY 34.97 million in R&D, reflecting a 13.09% increase year-on-year, to enhance product and technology development[51]. - The company has undertaken 10 provincial and national-level technology research projects and has established a post-doctoral workstation, enhancing its research and development capabilities[47]. - The company holds 181 authorized patents, including 30 invention patents, demonstrating its commitment to innovation and technology advancement[48]. - The company is focusing on the development of sodium battery layered oxide cathode materials, with production lines currently under construction[46]. Environmental Responsibility - The company is responding to the "dual carbon" goals with ongoing projects in air pollution control and energy efficiency, enhancing its market position in the environmental protection sector[39]. - The company aims to achieve a hazardous waste landfill ratio of less than 5% by 2025, with a focus on resource utilization of hazardous waste such as incineration ash and waste salt[42]. - The company has implemented a self-monitoring plan for environmental emissions, conducting monthly wastewater tests and quarterly air quality assessments[142]. - The company emphasizes its commitment to environmental responsibility and sustainable development in its operations[146]. - The company actively responded to the national "carbon peak and carbon neutrality" strategy by implementing measures to reduce carbon emissions, including upgrading production equipment and optimizing production processes[147]. Market Expansion - Overseas business revenue grew by 49.00% year-on-year, totaling 398 million RMB, with overseas revenue accounting for over 50% of main business income for the first time[33]. - The Indian market generated 279 million RMB in revenue, making up 69.97% of the company's overseas business[34]. - The company is focusing on the Southeast Asian market, particularly India, to enhance its market share and brand image[83]. - The company plans to expand its market presence in the "waste-free city" initiative, which is expected to provide ample market opportunities[49]. Corporate Governance - The company has not faced any regulatory penalties since its listing, aside from the incident involving Cai Xuejun[105]. - The board has implemented measures to enhance compliance training for all directors and senior management following the incident[105]. - The company has established a cash dividend policy for the next three years (2020-2022), which was approved at the 2020 first extraordinary general meeting of shareholders[122]. - The company has completed a self-inspection of corporate governance issues, finding no major problems requiring rectification[131]. Financial Management - The company has maintained good creditworthiness and integrity without any adverse credit situations for its controlling shareholders[160]. - The company has not reported any strategic investments or acquisitions during the reporting period, suggesting a focus on organic growth[188]. - The management's assessment of expected credit losses for accounts receivable is based on historical data and forward-looking estimates, highlighting a proactive approach to credit risk management[200]. - The company has no significant changes in controlling shareholders or actual controllers during the reporting period, maintaining stability in ownership[184].

Financial Performance - The company's operating revenue for Q1 2023 was ¥210,712,594.71, representing a year-on-year increase of 5.12%[4] - The net profit attributable to shareholders of the listed company was ¥1,161,055.49, a decrease of 88.52% compared to the same period last year[4] - The basic earnings per share (EPS) was ¥0.01, reflecting a decline of 80.00% year-on-year[5] - The weighted average return on equity (ROE) decreased by 2.13 percentage points to 0.30%[5] - The company reported a significant decrease in accounts receivable by 58.78% due to reduced commercial acceptance payments during the reporting period[9] - Total operating revenue for Q1 2023 was CNY 210,712,594.71, an increase of 5.6% compared to CNY 200,458,389.98 in Q1 2022[20] - Net profit for Q1 2023 was CNY 579,289.49, a decrease of 94.1% from CNY 9,877,652.43 in Q1 2022[21] - The company reported a gross profit margin of approximately 0.14% in Q1 2023, down from 6.5% in Q1 2022[20] - Basic earnings per share for Q1 2023 were CNY 0.01, down from CNY 0.05 in Q1 2022[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,508,122,700.20, an increase of 0.91% from the end of the previous year[5] - Total assets as of the end of Q1 2023 were CNY 1,508,122,700.20, compared to CNY 1,494,495,684.34 at the end of Q1 2022[17] - Total liabilities decreased slightly to CNY 1,117,415,018.77 in Q1 2023 from CNY 1,118,065,156.50 in Q1 2022[17] - The company’s equity attributable to shareholders increased to CNY 386,167,504.76 in Q1 2023 from CNY 374,008,585.17 in Q1 2022[17] Cash Flow - The company reported a net cash flow from operating activities of -¥26,020,608.88, which is not applicable for comparison[4] - In Q1 2023, the cash inflow from operating activities was CNY 219,217,707.42, an increase of 19.3% compared to CNY 183,735,824.57 in Q1 2022[24] - The net cash flow from operating activities was -CNY 26,020,608.88, improving from -CNY 41,689,969.06 in the same period last year[24] - The cash outflow for investing activities totaled CNY 13,151,706.68, significantly reduced from CNY 69,747,284.17 in Q1 2022[25] - The net cash flow from investing activities was -CNY 12,343,692.67, an improvement from -CNY 34,140,881.77 year-over-year[25] - Cash inflow from financing activities was CNY 147,620,124.81, down from CNY 201,837,904.00 in Q1 2022[25] - The net cash flow from financing activities was CNY 3,013,158.28, a decrease from CNY 63,311,965.60 in the previous year[25] - The ending cash and cash equivalents balance was CNY 35,987,340.34, down from CNY 50,455,203.36 at the end of Q1 2022[25] - The company received CNY 2,700,000.00 from minority shareholders in Q1 2023[25] - The cash received from tax refunds was CNY 6,095,253.89, a significant increase from CNY 1,767,269.91 in Q1 2022[24] - The company reported a total cash outflow of CNY 245,238,316.30 from operating activities, compared to CNY 225,425,793.63 in the same quarter last year[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,774[12] - Zhejiang Deneng Industrial Holding Group Co., Ltd. holds 42.37% of shares, totaling 87,947,500 shares[12] - The company has no pledged shares among its top shareholders[12] - The top ten shareholders include both domestic and foreign entities, with significant holdings from Zhejiang Deneng and Hong Kong Rongzhi Group[12] Research and Development - The company increased its R&D investment, leading to a 52.83% rise in R&D expenses compared to the previous year[9] - Research and development expenses increased to CNY 8,859,599.02 in Q1 2023, compared to CNY 5,797,134.35 in Q1 2022, reflecting a growth of 53.1%[20] - The company plans to continue focusing on R&D and market expansion strategies to improve profitability in the upcoming quarters[20] Taxation - The company experienced a 134.84% increase in taxes and surcharges due to new property taxes and export tax rebates[9]

关于召开 2022 年度网上业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 证券代码：603177 证券简称：德创环保 公告编号：2023－028 浙江德创环保科技股份有限公司 四、投资者参加方式 1、投资者可以在 2023 年 5 月 12 日（星期五）15:00-16:00，登录上证路演 中心（http://roadshow.sseinfo.com/）。在线参加本次说明会，就所关心的问题与 公司进行沟通交流。 2、公司欢迎有意向参加本次说明会的投资者在 2023 年 5 月 11 日前通过本 公告后附的电话或电子邮件联系公司，并提出所关注的问题。公司将在说明会上 就投资者普遍关注的问题进行统一回答。 五、联系人及咨询办法 一、说明会类型 浙江德创环保科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日 在上海证券交易所网站（http://www.sse.com.cn）披露了公司 2022 年年度报告及 利润分配方案。根据上海证券交易所相关规定，公司定于 2023 年 5 ...

Financial Performance - The company's operating revenue for Q3 2022 reached ¥216,714,042.04, representing a year-on-year increase of 62.53%[5] - Total operating revenue for the first three quarters of 2022 reached ¥544,673,281.28, an increase from ¥478,017,448.31 in the same period of 2021, representing a growth of approximately 13.9%[22] - Net profit for the first three quarters of 2022 was ¥18,176,438.02, a significant recovery from a net loss of ¥14,734,465.56 in the same period of 2021[23] - The company reported a total comprehensive income of ¥18,193,853.91 for the first three quarters of 2022, compared to a loss of ¥14,947,719.48 in the same period of 2021[24] - The net profit attributable to shareholders for the year-to-date period was ¥18,714,990.51, with a significant increase in net profit due to improved cost control and a favorable exchange rate[5][7] Profitability Metrics - The gross profit margin increased by 5.95 percentage points year-on-year, attributed to the weakening of the RMB against the USD and effective cost management[7] - The company reported a gross profit margin of approximately 3.2% for the first three quarters of 2022, compared to a negative margin in the previous year[22] - Earnings per share (EPS) for the first three quarters of 2022 was ¥0.09, recovering from a loss of ¥0.07 per share in the same period of 2021[24] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥69,305,031.67, reflecting a decrease of 300.25% compared to the previous year[6][10] - The net cash flow from operating activities for the first three quarters of 2022 was -69,305,031.67 RMB, a decrease from 34,609,637.77 RMB in the same period of 2021[27] - Total cash inflow from operating activities was 544,051,644.92 RMB, down 6.4% from 581,252,586.82 RMB in the previous year[27] - Cash outflow from operating activities increased to 613,356,676.59 RMB, compared to 546,642,949.05 RMB in the first three quarters of 2021, representing a 12.2% increase[27] - The net cash flow from investing activities was -56,285,580.07 RMB, an improvement from -110,693,887.54 RMB in the same period of 2021[28] - Cash inflow from financing activities increased to 592,989,904.00 RMB, up 40.9% from 420,800,000.00 RMB in the previous year[28] - The net cash flow from financing activities was 125,386,054.01 RMB, compared to 55,337,867.31 RMB in the same period of 2021, marking a 126.4% increase[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,479,875,036.61, an increase of 7.39% from the end of the previous year[6] - The total liabilities of the company as of the third quarter of 2022 amounted to ¥1,109,264,665.31, an increase from ¥1,045,202,666.85 in the previous year[18] - The company's total current assets as of September 30, 2022, amount to ¥1,004,214,779.61, an increase from ¥925,509,596.82 at the end of 2021[16] - The company's total current liabilities as of September 30, 2022, are ¥940,218,698.02, down from ¥1,000,879,185.66 at the end of 2021[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,186[13] - The largest shareholder, Zhejiang Deren Industrial Holdings Group Co., Ltd., holds 87,947,500 shares, accounting for 42.37% of total shares[13] - The company's equity attributable to shareholders increased by 10.63% year-on-year, reaching ¥367,202,555.98[6] - The total equity attributable to shareholders reached ¥367,202,555.98, up from ¥331,911,953.18 in the same period of 2021, reflecting a growth of approximately 10.6%[18] Investments and Projects - The company has ongoing investments in construction projects, with a 62.83% increase in construction in progress due to the "Yuexin Third Workshop Project"[10] - The company implemented a restricted stock incentive plan, resulting in a share-based payment expense of ¥13,683,900 for the reporting period[7] Receivables and Inventory - The company reported a significant decrease of 62.29% in receivables financing at the end of the reporting period, primarily due to increased bank acceptance payments[10] - The accounts receivable as of September 30, 2022, are ¥377,902,331.98, compared to ¥351,298,665.64 at the end of 2021[16] - The company reported a decrease in inventory to ¥176,246,810.23 from ¥156,172,143.17 year-over-year[16]

Financial Performance - The company's revenue for the first half of 2022 was approximately RMB 327.96 million, a decrease of 4.85% compared to RMB 344.68 million in the same period last year[19]. - Net profit attributable to shareholders increased by 426.79% to RMB 16.19 million from RMB 3.07 million year-on-year[19]. - The basic earnings per share rose to RMB 0.08, a 300% increase from RMB 0.02 in the previous year[19]. - The net profit after deducting non-recurring gains and losses surged by 3,417.35% to RMB 14.28 million from RMB 405,909.42[19]. - The weighted average return on net assets increased to 4.76%, up 4.19 percentage points from 0.57%[19]. - The company's total assets grew by 7.14% to RMB 1.48 billion from RMB 1.38 billion at the end of the previous year[19]. - The net cash flow from operating activities decreased by 253.48% to -RMB 34.75 million, compared to RMB 22.64 million in the same period last year[19]. - The company achieved a net profit of 16.19 million yuan, representing a 426.79% increase compared to the same period last year[34]. - The company reported a net loss of CNY 11,602,944.17, an improvement from a loss of CNY 27,789,042.49 in the previous period[102]. - The total comprehensive income for the first half of 2022 was ¥15,789,833.52, compared to ¥1,350,112.98 in the first half of 2021[109]. Cash Flow and Investments - The net cash flow from operating activities decreased by 253.48% to -34,746,885.96 RMB compared to 22,638,682.75 RMB in the previous year[40]. - The net cash flow from investing activities improved by 63.39% to -41,128,774.69 RMB, a significant reduction from -112,392,225.65 RMB in the previous year[40]. - The net cash flow from financing activities increased by 49.81% to 116,171,334.30 RMB, up from 77,547,933.32 RMB in the previous year[40]. - Cash and cash equivalents increased by 67.11% to 207,032,494.18 RMB, compared to 123,888,421.21 RMB at the end of the previous year[42]. - The company reported a net increase in cash and cash equivalents of CNY 39,964,086.86, compared to a decrease of CNY 12,387,331.35 in the same period last year[117]. Operational Highlights - The company attributed the significant profit growth to the new industrial waste salt project launched by its wholly-owned subsidiary, which improved product gross margins[19]. - The company has implemented stricter cost control measures, resulting in a reduction of operating expenses compared to the previous year[19]. - The company has successfully processed 13,547 tons of waste salt, generating additional revenue of 38.38 million yuan and a net profit of 10.41 million yuan from the waste salt project[37]. - The company has established a waste salt resource recovery project, utilizing low-temperature anaerobic carbonization technology to achieve resource recovery[30]. - The company is actively developing a smart cloud platform for hazardous waste collection, providing management services for small and micro enterprises[30]. Market and Industry Position - The company focuses on air and solid waste treatment, with key areas including ultra-low emissions transformation in thermal power and carbon capture technology development[24]. - The solid waste treatment industry faces a challenge with approximately 60 billion tons of accumulated solid waste and an annual increase of nearly 3 billion tons[26]. - The company aims to become a comprehensive service provider in solid waste treatment, leveraging policy opportunities and market demand[29]. - The company is positioned to benefit from the growing demand for environmental services along the Belt and Road Initiative[25]. - The company has established a strong brand presence in Southeast Asia, partnering with well-known companies like TATA and L&T[33]. Environmental Compliance and Governance - The company reported a COD emission of 127 mg/l, significantly below the permitted level of 500 mg/l, indicating compliance with environmental regulations[61]. - The actual ammonia nitrogen emission was 10.1 mg/l, well under the permitted concentration of 35 mg/l, demonstrating effective pollution control measures[61]. - The company has implemented a comprehensive environmental monitoring program, with quarterly assessments conducted by a qualified third-party agency[66]. - The company has successfully maintained compliance with all environmental standards, with no administrative penalties reported during the reporting period[68]. - The company has invested in advanced pollution control technologies, including a gas purification system for its waste salt resource utilization project[63]. Shareholder and Equity Information - The company has a registered capital of RMB 207.56 million and a total of 207.56 million shares, with 202 million shares being tradable A-shares[139]. - The total number of ordinary shareholders was 14,799[88]. - The largest shareholder, Zhejiang Deneng Industrial Holdings Group Co., Ltd., held 87,947,500 shares, representing 42.37% of the total shares[90]. - The total number of shares increased to 207,560,000 after the issuance of new shares under the incentive plan[85]. - The company completed the first grant of 5,560,000 restricted stocks under the 2022 incentive plan at a price of 9.20 yuan per share[87]. Research and Development - The company’s R&D expenses decreased by 31.49% to approximately 11.58 million yuan, reflecting a focus on cost management[39]. - The company holds a total of 237 authorized patents, including 22 invention patents, as of the end of the reporting period[31]. - The company has made significant advancements in CCUS technology, collaborating with partners to address key technical challenges in carbon capture and utilization[36]. - The company plans to focus on enhancing its capital structure and improving profitability in the upcoming quarters[138]. Financial Management and Risk - The company has allocated 51,152,000.00 for general risk reserves, indicating a proactive approach to financial management[126]. - The company is actively managing accounts receivable to mitigate risks associated with long collection periods[50]. - The company has a commitment to reducing carbon emissions, although specific measures and outcomes were not detailed in the report[69]. - The company has a continuous operation basis and does not have any significant doubts regarding its ability to continue operations for the next 12 months[144].

Financial Performance - The company's revenue for Q1 2022 reached ¥200,458,389.98, representing a year-on-year increase of 108.21%[3] - Net profit attributable to shareholders was ¥10,117,886.26, marking the first profitable Q1 since the company's listing[4] - The gross margin improved significantly, increasing by 2.81 percentage points compared to the same period last year[4] - Total operating revenue for Q1 2022 reached ¥200,458,389.98, a significant increase of 108.3% compared to ¥96,278,711.19 in Q1 2021[18] - The company reported a net profit of ¥9,877,652.43 in Q1 2022, compared to a net loss of ¥14,537,279.05 in Q1 2021, marking a turnaround[19] - Earnings per share (EPS) for Q1 2022 was ¥0.05, compared to a loss per share of ¥0.07 in Q1 2021[20] - Operating profit for Q1 2022 was ¥10,435,445.43, a recovery from an operating loss of ¥14,646,089.40 in Q1 2021[19] - The comprehensive income total for Q1 2022 was ¥9,876,110.77, compared to a comprehensive loss of ¥14,628,387.91 in Q1 2021[19] Cash Flow - The net cash flow from operating activities was -¥41,689,969.06, a decrease of 468.87% year-on-year[3] - Cash inflow from operating activities for Q1 2022 was $183.74 million, a slight decrease from $185.11 million in Q1 2021[24] - Cash outflow from operating activities increased to $225.43 million in Q1 2022, compared to $173.81 million in Q1 2021[24] - Net cash flow from operating activities turned negative at -$41.69 million in Q1 2022, down from a positive $11.30 million in Q1 2021[24] - Cash inflow from investing activities was $35.61 million in Q1 2022, compared to $0.30 million in Q1 2021[25] - Net cash flow from investing activities was -$34.14 million in Q1 2022, slightly worse than -$33.81 million in Q1 2021[25] - Cash inflow from financing activities increased significantly to $201.84 million in Q1 2022, up from $58.00 million in Q1 2021[25] - Net cash flow from financing activities was $63.31 million in Q1 2022, a turnaround from -$4.35 million in Q1 2021[25] - The ending cash and cash equivalents balance for Q1 2022 was $50.46 million, compared to $34.60 million at the end of Q1 2021[25] - The company experienced a negative impact of -$743,860.03 from foreign exchange fluctuations on cash and cash equivalents in Q1 2022[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,408,905,470.99, an increase of 2.24% from the end of the previous year[4] - Current assets totaled RMB 959,166,366.25, up from RMB 925,509,596.82, indicating an increase of about 3.6%[14] - The company’s total liabilities decreased to RMB 1,352,351,104.70 from RMB 1,453,758,393.94, indicating a reduction of about 6.9%[15] - The total liabilities as of Q1 2022 amounted to ¥1,066,159,209.62, slightly up from ¥1,045,202,666.85 in the previous year[16] - The company's total equity attributable to shareholders was ¥342,041,882.07 in Q1 2022, an increase from ¥331,911,953.18 in Q1 2021[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,994[9] Business Strategy - The company plans to continue expanding its market presence and enhancing its product offerings[4] - The company has been developing high-margin new products, contributing to the revenue growth[4] Research and Development - The company incurred research and development expenses of ¥5,797,134.35 in Q1 2022, down 33.5% from ¥8,764,411.25 in Q1 2021[18] Financial Expenses - Financial expenses increased to ¥6,847,420.97 in Q1 2022, compared to ¥4,792,984.96 in Q1 2021, primarily due to higher interest expenses[18] Inventory and Receivables - Accounts receivable increased by 253.66% due to the significant growth in revenue[6] - Accounts receivable rose to RMB 391,820,849.48 from RMB 351,298,665.64, representing an increase of approximately 11.5%[14] - The company reported a significant increase in notes receivable, which rose to RMB 15,393,201.43 from RMB 4,352,520.00, marking an increase of approximately 253.5%[14] - Inventory decreased to RMB 149,186,872.78 from RMB 156,172,143.17, reflecting a decline of about 4.5%[14]