证券代码：603239 证券简称：浙江仙通 公告编号：2023-018 专利号：ZL 2023 2 0200277.3 专利申请日：2023 年 02 月 01 日 专利权人：浙江仙通橡塑股份有限公司 授权公告日：2023 年 07 月 21 日 专利权期限：十年(自申请日起算) 浙江仙通橡塑股份有限公司 关于获得实用新型专利证书的公告 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。 浙江仙通橡塑股份有限公司（以下简称 "公司"）于近日收到了中华人民共 和国国家知识产权局颁发的一项实用新型专利证书，具体情况如下： 一、证书号：第 19373465 号 实用新型名称：一种多位一体钢带开卷机 发明人：邵学军；吴健安 2023 年 08 月 22 日 上述实用新型专利是公司重要核心技术的体现和延伸，本次专利获得不会对公 司近期生产经营产生重大影响，但有利于进一步完善公司知识产权保护体系，充分 发挥主导产品的知识产权优势促进技术创新，从而提升公司核心竞争力。 特此公告。 浙江仙通橡塑股份有限公司 董事会 ...

证券代码：603239 证券简称：浙江仙通 公告编号：2023-017 浙江仙通橡塑股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会的 公告 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： 会议召开时间：2023 年 05 月 29 日(星期一) 下午 15:00-16:30 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2023 年 05 月 22 日(星期一) 至 05 月 26 日(星期 五)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 zjxtzqb@163.com 进行提问。公司将在说明会上对投资 者普遍关注的问题进行回答。 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 浙江仙通橡塑股份有限公司（以下简称"公司"）已于 2023 年 4 月 19 日发布公司 2022 年度报告、2023 年 4 月 26 日发布公司 2023 年第一季度报告。为便于广大投资者更全面 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 223,798,021.50, representing a year-on-year increase of 0.90%[5] - The net profit attributable to shareholders for Q1 2023 was CNY 30,371,276.15, a decrease of 15.97% compared to the same period last year[5] - The basic earnings per share for Q1 2023 was CNY 0.11, down by 15.38% year-on-year[6] - The weighted average return on equity for Q1 2023 was 2.97%, a decrease of 0.53 percentage points compared to the end of the previous year[6] - The company's net profit for Q1 2023 is not explicitly stated, but the increase in total revenue and costs suggests a focus on maintaining profitability amidst rising expenses[18] - In Q1 2023, the company's net profit was CNY 30,371,276.15, a decrease of 16.5% compared to CNY 36,144,473.51 in Q1 2022[20] - The company reported a total profit of CNY 33,986,631.81, down from CNY 41,757,781.33 in the previous year, reflecting a decline of 18.6%[20] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to CNY 1,269,113,495.60, an increase of 0.95% from the end of the previous year[6] - The equity attributable to shareholders at the end of Q1 2023 was CNY 1,036,294,953.49, reflecting a year-on-year increase of 3.02%[6] - The company's total assets increased to CNY 1,269,113,495.60 from CNY 1,257,147,963.08, indicating growth in the asset base[17] - Total liabilities decreased to CNY 232,818,542.11 from CNY 251,224,285.74, a reduction of approximately 7.3%, reflecting a stronger balance sheet[16] Cash Flow - The net cash flow from operating activities for Q1 2023 was CNY 17,535,050.46, data not applicable for year-on-year comparison[5] - The company reported a significant increase in cash flow from operating activities, although specific figures are not provided, highlighting operational efficiency[18] - The net cash flow from operating activities improved to CNY 17,535,050.46, compared to a negative cash flow of CNY -11,179,635.61 in Q1 2022[21] - Investment activities generated a net cash flow of CNY 11,475,805.68, recovering from a negative cash flow of CNY -14,809,957.72 in Q1 2022[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,183[11] - The top shareholder, Taizhou Wucheng Industrial Development Co., Ltd., held 29.09% of the shares, totaling 78,750,000 shares[12] Operating Costs and Expenses - Total operating costs for Q1 2023 amounted to CNY 191,895,052.72, compared to CNY 185,660,910.52 in Q1 2022, reflecting an increase of about 3.3%[18] - The company incurred a total operating expense of CNY 185,339,333.64, compared to CNY 159,777,950.30 in the same quarter last year, indicating a rise of 15.9%[21] - Research and development expenses for Q1 2023 were CNY 10,219,370.05, up from CNY 9,129,166.63 in Q1 2022, indicating a commitment to innovation[18] Cash and Inventory Management - Cash and cash equivalents as of March 31, 2023, were CNY 53,814,103.91, significantly up from CNY 21,031,111.01 at the end of 2022, indicating improved liquidity[14] - Accounts receivable decreased to CNY 270,555,534.08 from CNY 344,771,721.28, a reduction of approximately 21.5%, which may indicate improved collection efficiency[14] - Inventory levels decreased to CNY 162,257,801.30 from CNY 177,343,161.12, a decline of about 8.5%, suggesting better inventory management[15] Taxation - The company paid CNY 17,622,827.92 in taxes, a decrease from CNY 19,121,686.29 in Q1 2022[21] Foreign Exchange Impact - The company recorded a foreign exchange impact on cash and cash equivalents, although specific figures were not disclosed in the report[21]

Financial Performance - In 2022, the company's operating revenue reached RMB 936,444,180.90, an increase of 18.96% compared to RMB 787,187,466.41 in 2021[22] - The net profit attributable to shareholders was RMB 126,195,481.43, representing a decrease of 11.02% from RMB 141,831,505.27 in the previous year[22] - The basic earnings per share decreased to RMB 0.47, down 9.62% from RMB 0.52 in 2021[23] - The weighted average return on equity was 12.63%, a decrease of 1.67 percentage points from 14.30% in the previous year[23] - The gross profit margin for the automotive parts segment was 27.79%, down by 6.16 percentage points compared to the previous year[49] - The company reported a net profit margin of approximately 10.0% for 2022, compared to 8.5% in 2021[183] Cash Flow and Assets - The net cash flow from operating activities was RMB 68,055,479.09, a significant recovery from a negative cash flow of RMB -22,196,565.29 in 2021[22] - The total assets at the end of 2022 were RMB 1,257,147,963.08, down 10.77% from RMB 1,408,816,743.32 in 2021[22] - Cash and cash equivalents were reported at RMB 21,031,111.01, significantly lower than RMB 149,544,532.88 in 2021, representing a decline of approximately 86.93%[175] - The ending balance of cash and cash equivalents was 13,177,130.41 in 2022, down from 136,555,362.45 in 2021, indicating a substantial decrease of about 90.3%[192] Market and Industry Trends - The automotive industry in China saw production and sales of 27.02 million and 26.86 million vehicles respectively in 2022, with a year-on-year growth of 3.4% and 2.1%[30] - The production and sales of new energy vehicles (NEVs) in 2022 were 7.058 million and 6.887 million units, marking a year-on-year increase of 96.9% and 93.4%[71] - The domestic market share of NEVs increased to 25.6%, up by 12.1 percentage points from the previous year, while global sales accounted for over 60%[71] Strategic Initiatives and Developments - The company successfully expanded its market presence in the new energy vehicle sector, targeting major clients and achieving a breakthrough in market expansion[31] - The company completed a mixed-ownership reform with Taizhou Financial Holding Group, enhancing its capital operation capabilities[31] - The company implemented strict cost control measures, optimizing supply chain management to mitigate cost pressures and improve profitability[31] - The company introduced advanced equipment to enhance production capacity and upgrade its operations, leading to improved R&D capabilities[31] Research and Development - The company holds 28 patents related to core technologies, including 8 invention patents and 20 utility model patents, showcasing its strong technical development capabilities[39] - The company established two new development departments in its R&D center to enhance its capabilities in developing frameless sealing strips for electric vehicles, meeting market demands[34] - Research and development expenses for 2022 amounted to CNY 36,365,433.00, slightly down from CNY 37,260,944.80 in 2021[187] Governance and Shareholder Relations - The company maintained active communication with investors, holding over 50 performance exchange meetings throughout the year, enhancing investor understanding and recognition[36] - The company has a commitment to maintaining transparency and governance through regular shareholder meetings and reports[82] - The company has undergone significant changes in its board and supervisory committee, with multiple elections for independent and non-independent directors[84] Future Outlook and Commitments - The company plans to expand its market share in the NEV sector by focusing on key clients and developing frameless sealing strips, with a target of producing 1 million sets annually[75] - The company has performance commitments for the years 2022, 2023, and 2024, with net profit targets of RMB 117 million, RMB 129 million, and RMB 142 million respectively, totaling RMB 388 million[127] - The company provided a revenue guidance for 2023, expecting to achieve between 1.6 billion and 1.8 billion, indicating a growth of 7% to 20%[90] Environmental and Social Responsibility - The company invested 2,234,900 yuan in environmental protection during the reporting period[120] - The company reduced carbon emissions by 1,241 tons through various measures, including the establishment of a photovoltaic power generation base that generated 1,764,106 kWh of electricity in 2022[124] - The company made a total donation of 900,000 yuan for public welfare projects during the reporting period[125]

Financial Performance - The company's operating revenue for Q3 2022 was CNY 252,620,831.10, representing a year-on-year increase of 43.07%[5] - The net profit attributable to shareholders for Q3 2022 was CNY 33,399,078.10, up 43.16% compared to the same period last year[5] - The basic earnings per share for Q3 2022 was CNY 0.13, reflecting a 62.50% increase from the previous year[6] - The weighted average return on equity for Q3 2022 was 3.03%, an increase of 26.25 percentage points year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was CNY 33,146,343.00, up 42.34% year-on-year[5] - Total revenue for the first three quarters of 2022 reached ¥647,015,076.65, an increase of 17.0% compared to ¥552,854,786.28 in the same period of 2021[23] - Net profit for the third quarter of 2022 was ¥91,010,949.99, a decrease of 14.3% from ¥106,170,919.20 in the same quarter of 2021[25] - Basic and diluted earnings per share for the third quarter of 2022 were both ¥0.34, down from ¥0.39 in the same period of 2021[25] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,285,223,035.89, a decrease of 8.77% from the end of the previous year[6] - The total equity attributable to shareholders at the end of the reporting period was CNY 970,687,632.06, down 4.37% from the previous year[6] - As of September 30, 2022, the company's total current assets amounted to ¥765,927,182.80, a decrease from ¥909,139,087.84 at the end of 2021, representing a decline of approximately 15.7%[18] - Total assets as of the end of Q3 2022 were ¥1,285,223,035.89, a decrease of 8.8% from ¥1,408,816,743.32 at the end of Q3 2021[21] - Total liabilities at the end of Q3 2022 amounted to ¥314,535,403.83, down 20.1% from ¥393,728,547.41 in the previous year[21] Cash Flow - The cash flow from operating activities for the year-to-date was negative CNY 255,546,166.15[6] - In the first three quarters of 2022, the cash inflow from operating activities was approximately $288.03 million, a decrease of 49.6% compared to $572.81 million in the same period of 2021[27] - The net cash outflow from operating activities in the first three quarters of 2022 was approximately -$255.55 million, contrasting with a positive cash flow of $158.45 million in the first three quarters of 2021[27] - The cash inflow from financing activities in the first three quarters of 2022 was approximately $335.86 million, significantly higher than $15.93 million in the same period of 2021[28] - The total cash and cash equivalents at the end of Q3 2022 were approximately $17.88 million, a decrease from $74.17 million at the end of Q3 2021[28] Investments and Expenses - Research and development expenses for the first three quarters of 2022 were ¥26,399,284.91, slightly down from ¥28,282,990.56 in the same period of 2021[24] - The company reported a financial expense of ¥2,026,780.32 in Q3 2022, compared to a financial income of ¥1,808,838.92 in Q3 2021[24] - The net cash flow from investment activities in the first three quarters of 2022 was approximately -$43.76 million, compared to -$142.19 million in the same period of 2021, indicating an improvement[28] - The company reported cash outflows for purchasing goods and services amounting to approximately $302.28 million in the first three quarters of 2022, an increase from $197.18 million in the same period of 2021[27] - The cash outflow for employee compensation was approximately $130.65 million in the first three quarters of 2022, compared to $116.89 million in the same period of 2021[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,083[12] - The company signed a share transfer agreement to transfer a total of 45 million shares, accounting for 16.62% of the total share capital, at a price of ¥17.5 per share[15] - The company has not disclosed any related party transactions among the top shareholders, except for the known relationship of the controlling shareholder[14] Asset Changes - The company's cash and cash equivalents decreased significantly from ¥149,544,532.88 at the end of 2021 to ¥28,205,763.72, a drop of about 81.1%[18] - Accounts receivable increased from ¥266,612,203.82 in 2021 to ¥295,281,781.04, reflecting an increase of approximately 10.8%[18] - The company's inventory decreased from ¥168,939,295.78 at the end of 2021 to ¥161,440,935.75, a reduction of about 4.5%[18] - The company reported a decrease in prepayments from ¥4,982,072.79 in 2021 to ¥8,422,267.44, indicating an increase of approximately 69.0%[18] - The company reported a significant increase in trading financial assets from ¥51,010,428.08 in 2021 to ¥63,081,574.24, an increase of approximately 23.5%[18] - The company's non-current assets, specifically fixed assets, decreased from ¥385,273,542.86 to ¥367,437,522.24, a decline of about 4.6%[18] - Non-current assets totaled ¥519,295,853.09, an increase of 3.2% from ¥499,677,655.48 in Q3 2021[21] - Deferred tax assets decreased to ¥7,651,500.82 from ¥10,312,405.94 year-over-year, reflecting a decline of 25.7%[21]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥394.39 million, representing a 4.81% increase compared to ¥376.28 million in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥57.61 million, a decrease of 30.46% from ¥82.84 million in the previous year[19]. - Basic earnings per share for the first half of 2022 were ¥0.21, down 32.26% from ¥0.31 in the same period last year[20]. - The company reported a decrease of 35.49% in net profit after deducting non-recurring gains and losses, amounting to approximately ¥53.27 million compared to ¥82.57 million last year[19]. - The company achieved a revenue of ¥394,394,245.55 in the first half of 2022, representing a year-on-year growth of 4.81% compared to ¥376,284,607.32 in the same period of 2021[37]. - The net profit attributable to shareholders was ¥57,611,871.89, a decrease of 30.46% from ¥82,841,450.43 in the previous year[37]. - The company reported a total comprehensive income of CNY 82,841,450.43 for the current period[109]. - The company reported a profit distribution of RMB -94,752,000.00 during the period[116]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at approximately ¥159.98 million, a significant decline from a positive cash flow of ¥15.11 million in the same period last year, marking a decrease of 1,158.71%[19]. - Cash and cash equivalents decreased by 60.47% to ¥59,121,313.42, down from ¥149,544,532.88 in the previous year[41]. - The overall net increase in cash and cash equivalents was -83,198,114.02 RMB, compared to -6,854,150.24 RMB in the previous period, indicating a deteriorating cash position[100]. - The company incurred 137,405,360.00 RMB in cash outflows for dividend distributions and interest payments, a significant increase from 48,193.86 RMB previously, impacting cash reserves[99]. - The company reported a total cash outflow from operating activities of 343,893,844.44 RMB, compared to 276,376,575.96 RMB in the previous period, highlighting rising operational costs[99]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥1.31 billion, down 6.84% from ¥1.41 billion at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 7.66% to approximately ¥937.34 million from ¥1.02 billion at the end of the previous year[19]. - Total liabilities amounted to CNY 589,313,985.12, a slight decrease from CNY 590,501,548.92 in the previous period[87]. - The company's total equity attributable to shareholders decreased to RMB 937,340,067.80 from RMB 1,015,088,195.91, a decrease of approximately 7.7%[83]. - The total current liabilities decreased to RMB 354,913,936.89 from RMB 378,048,246.43, showing a decline of about 6.1%[82]. Research and Development - The company emphasizes R&D investment, focusing on developing products with durability, weather resistance, and environmental friendliness[29]. - Research and development expenses decreased by 4.89% to ¥17,714,281.34, down from ¥18,624,966.80[39]. - The company has developed strong technical capabilities with 34 patents related to core technologies, including 7 invention patents and 27 utility model patents[29]. Market Position and Strategy - The company has established itself as a leading player in the automotive sealing strip market, competing effectively against foreign suppliers[28]. - The automotive sealing strip industry is characterized by high customization, with new model development requiring separate mold creation[27]. - The company is expanding its product offerings, particularly in high-end sealing strips, to replace imported products[28]. - The company has reduced procurement costs by consolidating suppliers and optimizing raw material purchasing strategies[25]. - The automotive parts industry has a lengthy entry cycle of 2-3 years for new suppliers, making it challenging for smaller firms to enter the market[27]. Corporate Governance and Compliance - The company did not distribute profits or increase capital reserves during the reporting period, with no dividends or stock bonuses issued[52]. - The company has not disclosed any plans for new product development or market expansion in this report[7]. - The company has not reported any violations or guarantees during the reporting period[62]. - The company has maintained compliance with environmental monitoring, with all indicators meeting standards[56]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 10,513[70]. - The largest shareholder, Li Qifu, holds 127,800,000 shares, representing 47.21% of the total shares[72]. - The top ten shareholders collectively hold a significant portion of the company's shares, indicating concentrated ownership[72]. Taxation and Incentives - The company is recognized as a high-tech enterprise, with a preferential corporate income tax rate of 15% applicable from 2019 to 2021[200]. - The effective corporate income tax rate for the company is lower than the standard rates due to tax incentives and classifications[200]. - The company benefits from a VAT refund policy for units employing disabled individuals, allowing for a 100% deduction of actual wages paid to disabled employees[200].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 221,798,640.67, representing a year-on-year increase of 12.04%[5] - The net profit attributable to shareholders decreased by 26.09% to CNY 36,144,473.51 compared to the same period last year[5] - The basic and diluted earnings per share were both CNY 0.13, reflecting a decline of 27.78% year-on-year[6] - Operating income for Q1 2022 was RMB 149,550,334.57, compared to RMB 119,092,730.39 in Q1 2021, reflecting a growth of 25.5%[22] - The net profit for Q1 2022 was CNY 36,144,473.51, a decrease of 26% compared to CNY 48,901,979.84 in Q1 2021[23] - Operating profit for Q1 2022 was CNY 41,676,976.88, down from CNY 57,634,382.82 in the same period last year, reflecting a decline of approximately 28%[23] - The total comprehensive income for Q1 2022 was CNY 36,144,473.51, a decrease of 26% from CNY 48,901,979.84 in Q1 2021[24] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -107,026,364.68, indicating a significant cash outflow[5] - Cash flow from operating activities showed a net outflow of CNY -107,026,364.68 in Q1 2022, compared to a smaller outflow of CNY -11,179,635.61 in Q1 2021[27] - The company reported cash inflow from financing activities of CNY 178,488,658.43 in Q1 2022, significantly higher than CNY 7,834,559.22 in Q1 2021[28] - The company's cash and cash equivalents increased to RMB 158,439,376.52 as of March 31, 2022, from RMB 149,544,532.88 at the end of 2021[16] - Total cash and cash equivalents at the end of Q1 2022 increased to CNY 147,003,748.58 from CNY 134,525,359.51 at the end of Q1 2021[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 1,455,418,372.01, an increase of 3.31% from the end of the previous year[6] - Total assets increased to RMB 1,455,418,372.01 as of March 31, 2022, compared to RMB 1,408,816,743.32 at the end of 2021, marking a growth of 3.3%[19] - Total liabilities rose to RMB 404,237,216.43 in Q1 2022, up from RMB 393,728,547.41 at the end of 2021, an increase of 2.6%[18] - The company's retained earnings increased to RMB 387,639,150.08 as of March 31, 2022, compared to RMB 351,546,190.41 at the end of 2021, reflecting a growth of 10.2%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,802[12] - Major shareholders included Li Qifu, holding 47.21% of shares, and Jin Guiyun, holding 12.63%[13] Cost and Expenses - Total operating costs for Q1 2022 were RMB 185,660,910.52, up 27.5% from RMB 145,556,179.93 in Q1 2021[22] - The primary reason for the decline in net profit was a significant increase in raw material prices compared to the previous year[10] - The company incurred interest expenses of CNY 7,126,393.08 in Q1 2022, compared to CNY 4,227,049.25 in Q1 2021, indicating an increase of approximately 68%[23] - The company reported a significant increase in cash outflow for purchasing goods and services, totaling CNY 119,305,167.60 in Q1 2022, compared to CNY 82,992,014.94 in Q1 2021[27] Accounts Receivable and Inventory - Accounts receivable decreased to RMB 227,721,724.55 in Q1 2022 from RMB 266,612,203.82 in Q1 2021, a decline of 14.6%[17] - Inventory as of March 31, 2022, was RMB 158,968,149.52, down from RMB 168,939,295.78 at the end of 2021, indicating a reduction of 5.2%[17] Other Financial Metrics - The weighted average return on equity was 3.50%, down by 1.43 percentage points from the previous year[6] - Non-recurring gains and losses totaled CNY 848,554.63, with a notable portion attributed to government subsidies and other non-operating income[9]

Financial Performance - In 2021, the company's operating revenue reached RMB 787,187,466.41, representing a 27.40% increase compared to RMB 617,874,848.16 in 2020[20]. - The net profit attributable to shareholders was RMB 141,831,505.27, which is a 33.10% increase from RMB 106,558,158.71 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was RMB 139,146,160.31, up 31.06% from RMB 106,168,271.62 in 2020[20]. - The basic earnings per share for 2021 was RMB 0.52, reflecting a 33.33% increase from RMB 0.39 in 2020[21]. - The company's total assets increased by 20.16% to RMB 1,408,816,743.32 at the end of 2021, compared to RMB 1,172,446,158.30 at the end of 2020[20]. - The company's net assets attributable to shareholders increased by 4.86% to RMB 1,015,088,195.91 at the end of 2021, compared to RMB 968,008,690.64 at the end of 2020[20]. - The company's gross profit margin remains high due to a self-manufacturing rate of over 90% for tooling and molds, effectively controlling manufacturing costs[44]. - The company reported a significant increase in sales expenses, which rose by 21.38% to 39,018,468.04 RMB[55]. Cash Flow and Investments - The net cash flow from operating activities was negative at RMB -22,196,565.29, a significant decrease from RMB 101,342,168.69 in 2020, marking a 121.90% decline[20]. - Operating cash flow showed significant fluctuations, with a net cash flow from operating activities of -¥180,647,875.50 in Q4[22]. - The cash flow from financing activities was 143,313,547.70 RMB, compared to -135,219,826.14 RMB in the previous year[59]. - The company reported a total investment cash outflow of CNY 238,915,438.45, compared to CNY 54,451,443.52 in 2020[180]. - The cash flow from financing activities resulted in a net inflow of CNY 143,313,547.70, contrasting with a net outflow of CNY 135,219,826.14 in the previous year[180]. Research and Development - Research and development expenses increased by 34.35% to CNY 37.26 million, reflecting a greater investment in R&D projects[48]. - The company significantly improved its R&D capabilities, updating design manuals and acquiring over 200 new production equipment, including advanced testing instruments[33]. - The "Xiantong Talent 500" plan aims to expand the R&D team to 500 members within three years, enhancing talent development and professional training[36]. - The company holds 35 patents related to core technologies, including 7 invention patents and 28 utility model patents, showcasing its strong technical development capabilities[41]. Market Position and Strategy - The company established a new energy vehicle division to expand its market presence and enhance competitiveness[30]. - The company aims to enhance its R&D capabilities and strengthen its market position in the domestic niche industry[30]. - The company has established partnerships with major automotive manufacturers, including FAW-Volkswagen and BYD, enhancing its customer resource advantage[43]. - The company is focusing on cost control and optimizing supply chain management to improve profitability and operational quality[75]. - The company is set to accelerate the pace of domestic substitution by leveraging its cost-performance advantages against foreign competitors[72]. Shareholder and Governance - The company plans to distribute a cash dividend of RMB 5.00 per share, totaling RMB 135,360,000.00, based on a total share capital of 270,720,000 shares[6]. - The total remuneration for the chairman, Li Qifu, was CNY 437,300, while the general manager, Jin Guiyun, received CNY 1,322,500[83]. - The company plans to implement a shareholder return plan for the next three years (2022-2024) during the annual general meeting[81]. - The company has retained its accounting firm for the 2021 fiscal year as part of its governance practices[81]. - The company reported a stable shareholding structure with no significant changes among its senior management[83]. Environmental and Social Responsibility - The company has established a comprehensive environmental management system, including obtaining environmental impact assessments and pollution discharge permits for its production projects[113]. - The company actively engages in social responsibility initiatives, including charitable donations and community support, to enhance its corporate image[114]. - The company has committed to environmental protection and sustainable development, adopting advanced technologies to reduce energy consumption and emissions[113]. - The company has implemented a third-party monitoring system for waste emissions, with all monitored indicators meeting regulatory standards[113]. Operational Challenges - The net cash flow from operating activities decreased to -24,163,566.18 from 105,226,042.96, indicating a significant decline in operational performance[182]. - The company’s retained earnings showed a significant loss of -94,752,000.00, reflecting challenges in profitability during the year[189]. - The company reported a decrease in profit distribution to shareholders amounting to -135,360,000.00, highlighting a challenging financial environment[198]. - The company’s total liabilities increased, leading to a higher debt repayment of 18,364,526.07 compared to 4,629,887.01 in the previous year[183].

Financial Performance - The company's operating revenue for Q3 2021 was ¥176,570,178.96, representing a year-on-year increase of 19.99%[5] - The net profit attributable to shareholders for the same period was ¥23,329,468.77, up 22.19% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,287,360.59, reflecting a 22.19% increase compared to the previous year[5] - Year-to-date operating revenue reached ¥552,854,786.28, showing a growth of 34.31% compared to the same period last year[5] - Year-to-date net profit attributable to shareholders increased by 50.27% to ¥106,170,919.20[5] - The basic earnings per share for the year-to-date period was ¥0.39, a 50.00% increase[6] - The weighted average return on equity was 11.46%, an increase of 3.38 percentage points year-on-year[6] - The net cash flow from operating activities for the year-to-date period was ¥158,451,310.21[6] - The company reported a net profit for the first three quarters of 2021 is not explicitly stated but can be inferred from the revenue and cost figures[21] - The net profit for Q3 2021 was CNY 106,170,919.20, a 50.5% increase compared to CNY 70,654,496.66 in Q3 2020[22] - Operating profit for Q3 2021 reached CNY 121,606,741.35, up 50.9% from CNY 80,530,012.19 in the same period last year[22] - Total revenue from sales of goods and services for the first nine months of 2021 was CNY 561,952,608.78, compared to CNY 331,297,920.88 in the first nine months of 2020, reflecting a 69.5% increase[25] - The basic earnings per share for Q3 2021 was CNY 0.39, compared to CNY 0.26 in Q3 2020, marking a 50% increase[23] - The total profit for Q3 2021 was CNY 120,518,991.89, a 50.5% increase from CNY 80,032,809.47 in Q3 2020[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,187,516,621.06, a 1.29% increase from the beginning of the year[6] - As of September 30, 2021, total assets amounted to RMB 1,187.52 million, compared to RMB 1,172.45 million at the end of 2020, reflecting a growth of 1.3%[19] - Non-current liabilities totaled RMB 12.31 million as of September 30, 2021, compared to RMB 9.11 million at the end of 2020, an increase of 35.5%[19] Cash Flow and Investments - The company's cash and cash equivalents decreased to RMB 86.74 million from RMB 166.91 million at the end of 2020, a decline of 48%[17] - Accounts receivable as of September 30, 2021, were RMB 179.48 million, down 20.1% from RMB 224.77 million at the end of 2020[17] - Inventory increased to RMB 126.01 million, up 19% from RMB 105.91 million at the end of 2020[17] - Cash flow from operating activities for the first nine months of 2021 was CNY 158,451,310.21, significantly up from CNY 7,480,770.43 in the same period of 2020[25] - The company reported a net cash outflow from investing activities of CNY -142,190,116.47 for the first nine months of 2021, compared to CNY -29,721,199.68 in the same period of 2020[26] - Cash and cash equivalents at the end of Q3 2021 were CNY 74,169,220.89, down from CNY 95,262,827.68 at the end of Q3 2020[26] Strategic Initiatives - The company signed a share transfer agreement to transfer 36 million shares, representing 13.30% of the total share capital, to Huai'an Transportation Holding Co., Ltd. at a price of RMB 17 per share[15] - The company is focusing on strategic investments and market expansion through the introduction of new investors[15] Research and Development - Research and development expenses increased to CNY 28,282,990.56, a 42.2% rise from CNY 19,854,590.65 in Q3 2020[22] Operating Costs - Total operating costs for the first three quarters of 2021 were RMB 437.52 million, up 30.2% from RMB 335.91 million in the first three quarters of 2020[21]

Financial Performance - The company's operating revenue for the first half of 2021 reached RMB 376.28 million, representing a 42.28% increase compared to RMB 264.47 million in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2021 was RMB 82.84 million, a 60.66% increase from RMB 51.56 million in the previous year[17]. - The net profit after deducting non-recurring gains and losses was RMB 82.57 million, up 65.87% from RMB 49.78 million year-on-year[17]. - The basic earnings per share for the first half of 2021 was RMB 0.31, a 63.16% increase compared to RMB 0.19 in the same period last year[18]. - The weighted average return on net assets increased to 9.06%, up from 5.96% in the previous year, reflecting a 3.10 percentage point increase[18]. - The total assets of the company at the end of the reporting period were RMB 1.26 billion, a 7.50% increase from RMB 1.17 billion at the end of the previous year[17]. - The net cash flow from operating activities for the first half of 2021 was RMB 15.11 million, a decrease of 53.72% compared to RMB 32.65 million in the same period last year[17]. - The net assets attributable to shareholders at the end of the reporting period were RMB 956.10 million, a slight decrease of 1.23% from RMB 968.01 million at the end of the previous year[17]. Research and Development - The company holds 34 patents related to core technologies, including 7 invention patents and 27 utility model patents, demonstrating a strong commitment to R&D[26]. - Research and development expenses increased by 43.22% to ¥18.62 million, up from ¥13.00 million in the previous year[41]. - The company successfully developed a borderless sealing system for the Lynk & Co ZERO Concept, marking it as the first domestic sealing enterprise to achieve this technology[36]. - The company has established a research and development center in collaboration with Zhejiang University, enhancing its technological capabilities and industry standards[35]. - The company is actively exploring new materials and structural improvements for sealing strips to enhance vehicle aesthetics and performance[24]. Market Position and Strategy - The main business remains focused on the research, design, production, and sales of automotive sealing strips, with a strong emphasis on customer service and product quality[22]. - The company has developed a competitive edge in the automotive sealing strip market, securing partnerships with major automotive manufacturers such as SAIC Volkswagen and FAW Volkswagen[24]. - The company aims to replace imported high-end sealing strips, leveraging its technological advantages and extensive experience in the industry[25]. - The automotive parts industry is experiencing increased pressure on procurement costs, leading to a shift towards domestic suppliers[24]. - The company has strategically focused on high-quality mainstream automotive manufacturers, abandoning high-risk, low-potential non-mainstream clients to enhance its customer resource quality[34]. Operational Efficiency - The company has adopted a "sales-driven production" model, aligning production schedules with customer orders to optimize efficiency[23]. - The procurement strategy focuses on reducing supplier numbers to enhance negotiation power and lower overall procurement costs[23]. - The company has implemented a flexible production model that combines push and pull strategies, improving production efficiency and reducing costs[30]. - The company has a self-manufacturing rate of over 90% for its tooling and molds, which significantly reduces equipment costs and enhances product gross margins[31]. - The company has been actively developing new products and optimizing supply chain management to mitigate rising raw material costs and enhance profitability[33]. Financial Position and Equity - The total equity attributable to shareholders decreased to CNY 956,098,141.07 from CNY 968,008,690.64, a decline of about 1.2%[78]. - The company has established a stock lock-up period of 36 months post-IPO, during which shareholders cannot transfer their shares[60]. - The largest shareholder, Li Qifu, holds 127,800,000 shares, representing 47.21% of the total shares[68]. - The company reported no changes in total shares or capital structure during the reporting period[65]. - The total equity attributable to the parent company at the beginning of the period was 968,008,690.64 RMB, with a decrease of 11,910,549.57 RMB during the period[99]. Compliance and Governance - The company held one shareholders' meeting during the reporting period, with all procedures compliant with regulations[50]. - The company has committed to ensuring business independence and avoiding competition with its subsidiaries, with a focus on fair and transparent related transactions[58]. - There were no significant lawsuits or arbitration matters during the reporting period[62]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[61]. - The company has established measures to ensure compliance with related transaction disclosure rules[58]. Challenges and Risks - The company anticipates risks in the automotive parts industry due to the impact of the COVID-19 pandemic and increased competition[46]. - The automotive sealing strip industry is facing challenges such as rising raw material prices and profit declines, but the company is committed to improving its competitive edge through strategic decisions[33]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 53.72% to ¥15.11 million, down from ¥32.65 million in the previous year[41]. - The company experienced a decrease in cash and cash equivalents of 6,854,150.24 RMB, reflecting challenges in maintaining liquidity[97]. - The cash flow from investing activities showed a net outflow of 28,128,602.68 RMB, compared to a net outflow of 14,695,641.97 RMB in the previous period[96]. - Cash inflow from financing activities was 15,926,697.48 RMB, while cash outflow totaled 7,882,726.01 RMB, resulting in a net cash flow of 8,043,971.47 RMB[96]. Accounting Policies - The company recognizes revenue when control of goods or services is transferred to the customer, indicating fulfillment of performance obligations[172]. - Financial assets measured at amortized cost include receivables, long-term receivables, and debt investments, with initial measurement at fair value and transaction costs included in the initial recognition amount[127]. - The company performs goodwill impairment testing annually, regardless of whether there are indications of impairment[164]. - The company recognizes expected credit losses for receivables and contract assets based on the entire expected credit loss over the asset's lifetime[138]. - The company has adopted the new lease accounting standards effective from January 1, 2021, which may impact financial reporting[187].