成都立航科技股份有限公司 关于召开 2022 年度业绩说明会的公告 证券代码：603261 证券简称：立航科技 公告编号：2023-015 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 31 日(星期三)下午 16:00-17:00 会议召开地点：上海证券交易所上证路演中心（网址：http://roadshow.ss einfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 05 月 24 日(星期三) 至 05 月 30 日(星期二)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 lihang@cdli hang.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。 （三） 会议召开方式：上证路演中心网络互动 三、 参加人员 董事长、总经理：刘随阳先生 成都立航科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 26 日发 布公司 2022 年年度报告，为便于广大投资者更全面深入地 ...

Financial Performance - The company's operating revenue for 2022 was CNY 369,766,977.63, representing a 21.20% increase compared to CNY 305,100,698.16 in 2021[20]. - The net profit attributable to shareholders for 2022 was CNY 35,094,813.64, a decrease of 49.73% from CNY 69,818,620.85 in 2021[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 36,678,188.16, down 44.82% from CNY 66,467,531.40 in 2021[20]. - The net cash flow from operating activities for 2022 was negative CNY 94,427,465.66, a decline of 388.31% compared to CNY 32,752,277.57 in 2021[20]. - The basic earnings per share decreased by 60.33% to RMB 0.48 from RMB 1.21 in 2021[21]. - The company reported an operating profit of RMB 44,177,079.77, which is a decline of 46.56% year-on-year[27]. - The total assets increased by 62.02% to RMB 1,184,471,702.25, while net assets grew by 67.03% to RMB 875,490,318.61[27]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥94,427,465.66, a significant decline of 388.31% from a positive cash flow of ¥32,752,277.57 in the previous year[50]. - Cash and cash equivalents at the end of the period amounted to 338,428,022.49, representing 28.57% of total assets, an increase from 220,916,453.13 (30.22%) in the previous period[67]. - Accounts receivable increased by 77.45% year-on-year, reaching 311,060,781.45, due to products sold not yet settled according to contract terms[67]. - Inventory increased by 40.05% year-on-year, totaling 143,418,195.74, attributed to increased orders[68]. - Fixed assets increased by 71.73% year-on-year, amounting to 108,542,928.36, primarily for capacity expansion and machinery purchases[68]. Dividends and Shareholder Returns - The proposed cash dividend for 2022 is CNY 1.35 per 10 shares, totaling CNY 10,588,160.97, which accounts for 30.17% of the net profit attributable to shareholders[5]. - A cash dividend of CNY 2.8 per 10 shares was distributed, totaling CNY 21,549,310.16, which represents 30.86% of the net profit attributable to shareholders for 2021[125]. - The total cash dividend amount for 2022 is CNY 10,588,160.97, which is 30.17% of the consolidated net profit attributable to ordinary shareholders[128]. - The company emphasizes the importance of reasonable returns to investors while ensuring sustainable development and maintaining the continuity of its profit distribution policy[125]. Research and Development - Significant progress was made in research and development, with breakthroughs in key technologies[27]. - The company has achieved significant breakthroughs in technological innovation, particularly in the application of artificial intelligence algorithms in aerospace equipment control, leading to the submission of multiple invention and utility model patent applications[33]. - The total R&D investment was ¥16,607,534.01, accounting for 4.49% of operating revenue[61]. - Research and development expenses amounted to ¥7,758,142.09, a decrease of 8.17% from ¥8,448,396.20[50]. - The company employed 116 R&D personnel, representing 16.4% of the total workforce[62]. Risk Management - The company has not reported any significant risks that could materially affect its operations during the reporting period[6]. - The company faces risks related to policy adjustments that could impact demand for aviation equipment, potentially affecting performance[83]. - The company is at risk of declining gross margins due to rising raw material costs and increased market competition[84]. - There is a technical risk associated with the rapid modernization of military equipment, requiring suppliers to continuously enhance manufacturing and R&D capabilities[88]. Corporate Governance - The company held 4 shareholder meetings during the reporting period, reviewing 18 proposals, ensuring equal rights for all shareholders[92]. - The board of directors consists of 5 members, including 2 independent directors, and held 10 meetings, adhering to legal and regulatory requirements[94]. - The supervisory board held 6 meetings, ensuring compliance with legal obligations and actively participating in major company decisions[95]. - The company maintains strict information disclosure practices, ensuring timely and accurate communication with shareholders through designated media[96]. - The company has established independent financial and operational structures, ensuring no overlap of personnel or financial resources with the controlling shareholder[101]. Employee Management and Development - The company has implemented a dual approach to talent training, combining internal and external training methods to improve effectiveness and establish a performance-based incentive mechanism[48]. - The company has established a comprehensive employee training system, focusing on management, technology, and health training[123]. - The company provides various social security benefits for employees, including pension and medical insurance[140]. - The company emphasizes talent development and offers growth opportunities for employees[140]. Shareholder Structure and Changes - The total number of shares increased from 57,711,822 to 78,430,822 due to the issuance of 19,250,000 new shares[158]. - The top shareholder, Liu Suiyang, holds 62.93% of the shares, totaling 49,355,164 shares[170]. - The company has no controlling shareholder or actual controller, ensuring a more transparent ownership structure[173]. - The company has not reported any significant changes in the shareholding structure of independent directors and supervisors during the reporting period[106]. Environmental and Social Responsibility - The company invested 10.20 million yuan in environmental protection during the reporting period[136]. - The company does not belong to the key pollutant discharge units and has not faced any penalties for violations during the reporting period[138]. - The company has not disclosed a separate social responsibility or ESG report[139]. Audit and Compliance - The audit opinion for the financial statements was a standard unqualified opinion, confirming the fair presentation of the company's financial position[182]. - The internal control audit report received a standard unqualified opinion[135]. - The company has committed to maintaining information disclosure responsibilities as per regulatory requirements[147].

Financial Performance - The company's operating revenue for Q1 2023 was ¥24,243,085.85, a decrease of 27.85% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥5,580,411.15, representing a decline of 327.68% year-over-year[3]. - The basic earnings per share were -¥0.07, down 275.00% from the previous year[3]. - Total operating revenue for Q1 2023 was ¥24,243,085.85, a decrease of 27.9% compared to ¥33,602,448.83 in Q1 2022[16]. - Net profit for Q1 2023 was a loss of ¥5,580,411.15, compared to a profit of ¥2,450,944.75 in Q1 2022, indicating a significant decline[17]. - Basic and diluted earnings per share for Q1 2023 were both -¥0.07, down from ¥0.04 in Q1 2022[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,126,642,500.83, a decrease of 4.88% from the end of the previous year[4]. - As of March 31, 2023, the company's total assets amounted to ¥1,126,642,500.83, a decrease from ¥1,184,471,702.25 as of December 31, 2022, representing a decline of approximately 4.9%[12]. - The company's cash and cash equivalents decreased to ¥217,472,481.21 from ¥338,428,022.49, reflecting a decline of about 35.7%[12]. - Total liabilities decreased to ¥256,534,243.12 in Q1 2023 from ¥308,981,383.64 in Q1 2022, a reduction of 17%[15]. - The company's total current liabilities increased to ¥34,247,554.00 from ¥31,275,801.22, which is an increase of approximately 9.4%[13]. - The company's total equity attributable to shareholders was ¥870,108,257.71 in Q1 2023, slightly down from ¥875,490,318.61 in Q1 2022[15]. Cash Flow - The cash flow from operating activities showed a net outflow of -¥105,753,430.84, with a slight increase of 0.99% year-over-year[3]. - Cash flow from operating activities showed a significant decline, with net cash outflow reported in Q1 2023[18]. - The net cash flow from operating activities was -CNY 105,753,430.84, slightly improved from -CNY 106,812,459.79 in Q1 2022[19]. - The cash inflow from operating activities was CNY 25,450,314.03, a significant increase from CNY 8,861,701.01 in Q1 2022, representing a growth of approximately 187%[19]. - The cash outflow from operating activities totaled CNY 131,203,744.87, compared to CNY 115,674,160.80 in the same period last year, indicating an increase of about 13.4%[19]. - The cash inflow from financing activities was CNY 3,000,000.00, a significant decrease from CNY 352,385,377.36 in Q1 2022[20]. - The net cash flow from financing activities was CNY 2,884,493.86, down from CNY 350,280,991.32 in the same quarter last year[20]. - The ending cash and cash equivalents balance was CNY 217,472,481.21, a decrease from CNY 443,862,341.14 at the end of Q1 2022[20]. Expenses - The company's management expenses rose by 49.49%, primarily due to increased average salaries and depreciation of right-of-use assets[6]. - Total operating costs increased to ¥30,189,791.70 in Q1 2023 from ¥29,365,410.53 in Q1 2022, representing a rise of 2.8%[16]. - Research and development expenses were ¥3,027,290.41 in Q1 2023, slightly down from ¥3,057,853.52 in Q1 2022[16]. - The company reported a total cash outflow for employee payments of CNY 34,044,205.91, which increased from CNY 27,205,237.27 in Q1 2022[19]. Asset Management - The company experienced a 346.89% increase in asset impairment losses, primarily due to provisions for bad debts[6]. - The company's weighted average return on equity was -0.64%, a decrease of 1.11 percentage points compared to the previous year[3]. - The non-current assets totaled ¥298,513,341.56, up from ¥284,433,358.98, showing an increase of about 4.9%[13]. - Accounts receivable increased slightly to ¥313,953,246.14 from ¥311,060,781.45, indicating a growth of approximately 0.9%[13]. - Inventory rose to ¥182,503,771.12 from ¥143,418,195.74, marking an increase of around 27.3%[13]. - The company reported a credit impairment loss of ¥168,136.27 in Q1 2023, compared to a loss of ¥1,364,328.39 in Q1 2022, indicating an improvement[17]. Shareholder and Investment Information - The company has a significant shareholder, Liu Suiyang, holding 62.93% of the shares, indicating a strong control over the company[9]. - The company is actively involved in investment partnerships, with several institutional investors holding significant stakes, including 2.52% by Horgos Huakong Venture Capital[9]. Future Outlook - The company has not reported any significant new product developments or market expansions during this quarter[11]. - The company plans to focus on market expansion and new product development in the upcoming quarters[18].

证券代码：603261 证券简称：立航科技 成都立航科技股份有限公司 投资者关系活动记录表 编号：2022-001 | --- | --- | --- | |--------------------------------------------|---------------------------------------------------|----------------------------------------------| | | | | | | 特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | | 投资者关系活动类别 | □新闻发布会 | 路演活动 | | | 现场参观 □电话会议 | | | | □其他 | （请文字说明其他活动内容） | | | | | | | 中泰证券：军工首席分析师陈鼎如 | | | | 广东正圆投资：张萍 | | | 参与单位名称及人员姓名 | 长城基金：翁煜平、杨宇 | | | | | 申银万国研究所：军工首席分析师韩强、高级 | | | 分析师武雨桐 | | | | | | | 会议时间 6月16 | 日、6月 22日、6月30 ...

2022 年第三季度报告 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 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 证券代码：603261 证券简称：立航科技 成都立航科技股份有限公司 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： | 项目 | 本报告期 | 本报告期比上 | | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 年同期增减变 | 年初至报告期末 | 比上年同期增减 | | | | 动幅度(%) | | 变动幅度(%) | | 营业收入 | 38,615,866.79 | -1.67 | 134,648,934.68 | 6.43 | | 归属于 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥96,033,067.89, representing a 10.07% increase compared to ¥87,244,131.94 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2022 was ¥9,480,928.27, a decrease of 26.60% from ¥12,916,051.98 in the previous year[18]. - The net cash flow from operating activities was -¥150,962,290.35, worsening by 25.52% compared to -¥120,267,080.29 in the same period last year[18]. - Basic earnings per share decreased by 40.91% to ¥0.13 from ¥0.22 in the same period last year[19]. - The weighted average return on net assets was 1.27%, down from 2.81% in the previous year[19]. - Total operating costs amounted to ¥75,491,920.93, up 18.3% from ¥63,821,473.17 year-on-year[88]. - Operating profit for the first half of 2022 was ¥11,503,122.75, down 24.3% from ¥15,214,996.15 in the same period of 2021[89]. - Total comprehensive income for the first half of 2022 was CNY 10,905,156.92, compared to CNY 14,297,772.22 in the same period of 2021, representing a decrease of approximately 23.5%[93]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,001,657,813.21, an increase of 37.02% from ¥731,052,294.26 at the end of the previous year[18]. - The net assets attributable to shareholders increased by 61.74% to ¥847,799,233.98 from ¥524,166,850.02 at the end of the previous year[18]. - Total liabilities decreased to CNY 153,858,579.23 from CNY 206,885,444.24, a reduction of about 26%[82]. - Total equity increased to CNY 836,220,407.33 from CNY 511,163,794.72 year-on-year, reflecting a growth of 63.6%[86]. - The company's total assets at the beginning of the year were CNY 511,163,794.72[108]. Cash Flow - The company’s cash flow from financing activities increased significantly by 46,338.90% to ¥308,830,905.35, mainly due to funds raised from stock issuance[39]. - Cash inflow from operating activities increased to CNY 56,581,526.13 in the first half of 2022, up from CNY 34,780,372.01 in the first half of 2021, marking a growth of about 62.8%[94]. - Cash outflow for purchasing goods and services rose to CNY 138,650,354.12, compared to CNY 81,734,000.51 in the same period last year, an increase of about 69.5%[94]. - Investment activities resulted in a net cash outflow of CNY -63,583,384.77, compared to CNY -22,593,839.42 in the same period last year, indicating a decline of approximately 181.5%[95]. Research and Development - R&D expenses rose by 53.71% to ¥6,345,388.64, primarily due to increased salaries for R&D personnel[38]. - The company is committed to technological innovation, enhancing its core competitiveness through increased investment in new technologies[34]. - The company has established a comprehensive research and production integration system, achieving significant advancements in precision electromechanical hydraulic equipment technology[30]. Market Position and Strategy - The company operates in the aerospace manufacturing industry, focusing on ground support equipment, testing equipment, and aircraft assembly, classified under high-end equipment manufacturing[24]. - The military aviation manufacturing sector in China is expected to accelerate development during the 14th Five-Year Plan, driven by increased demand for various aircraft types[26][27]. - The company maintains a competitive edge in the ground support equipment sector, producing key products such as bomb loading vehicles and engine installation vehicles, widely used in the military[30]. - The company is actively pursuing new projects, including support equipment for new military aircraft and unmanned aerial vehicles[27][30]. Corporate Governance and Compliance - The company did not have any significant risks that materially affected its operations during the reporting period[5]. - The company has not disclosed any plans for profit distribution or capital reserve transfer during this reporting period[4]. - The company has no significant litigation or arbitration matters during the reporting period[62]. - The company has not received any penalties or corrective actions related to legal violations during the reporting period[62]. - The company has implemented measures to规范 and reduce related party transactions[61]. Shareholder Information - Liu Suiyang holds 49,355,164 shares, representing 64.13% of the total shares, with no restrictions on transfer[73]. - The company issued 19.25 million shares, representing 25.01% of the total share capital after the issuance, increasing the total share capital to 76.96 million shares[69]. - The total number of shares held by the top ten shareholders with restricted conditions amounts to 55,000,000 shares[74]. - The company has a total of 49,355,164 restricted shares that will become tradable on March 17, 2025[74]. Risk Factors - The company faces risks related to the COVID-19 pandemic, raw material price fluctuations, business management, and safety production[45]. Environmental Responsibility - The company emphasizes environmental responsibility and sustainable development, promoting energy conservation and emission reduction[54].

Financial Performance - The company's operating revenue for 2021 was CNY 305,100,698.16, representing a 4.12% increase compared to CNY 293,031,489.79 in 2020[21] - The net profit attributable to shareholders of the listed company was CNY 69,818,620.85, a slight increase of 0.71% from CNY 69,329,803.17 in the previous year[21] - The operating profit for 2021 was CNY 82,670,380.50, which is an increase of 0.75% compared to the previous year[28] - Basic earnings per share for 2021 were CNY 1.21, a slight increase from CNY 1.20 in 2020[23] - The company reported a weighted average return on equity of 14.30%, down 2.35 percentage points from 16.65% in 2020[23] - The company reported a total current liability of CNY 201,630,172.30 in 2021, compared to CNY 126,890,097.81 in 2020, an increase of about 58.7%[170] - The company's total liabilities and equity amounted to CNY 731,052,294.26 in 2021, up from CNY 579,168,502.81 in 2020, indicating an overall growth of approximately 26.2%[170] Cash Flow - The net cash flow from operating activities decreased by 47.98% to CNY 32,752,277.57, down from CNY 62,959,083.21 in 2020[22] - The company’s net cash flow from operating activities was CNY -101,467,018.67 for the year[25] - The company reported a net cash flow from financing activities of CNY 37,730,050.45, primarily due to new loans taken during the period[46] - The net cash flow from operating activities decreased due to increased payments for material procurement, employee compensation, and various taxes[46] - Cash inflow from financing activities surged by 206.44% to ¥51,788,000.00, primarily due to new working capital loans[57] - The ending cash and cash equivalents balance for 2021 was ¥220,914,453.13, an increase of 23.2% from ¥179,300,204.25 in 2020[183] Assets and Liabilities - The total assets at the end of 2021 reached CNY 731,052,294.26, marking a 26.22% increase from CNY 579,168,502.81 at the end of 2020[22] - The net assets attributable to shareholders of the listed company increased by 15.96% to CNY 524,166,850.02, compared to CNY 452,028,405.00 at the end of 2020[22] - Total liabilities reached CNY 206,885,444.24 in 2021, compared to CNY 127,140,097.81 in 2020, indicating an increase of about 62.4%[170] - Owner's equity rose to CNY 524,166,850.02 in 2021, up from CNY 452,028,405.00 in 2020, reflecting a growth of approximately 15.9%[170] Research and Development - The company’s R&D efforts focused on enhancing product development capabilities and establishing a collaborative innovation model with universities and research institutions[30] - Research and development expenses decreased by 15.21%, totaling ¥8,448,396.20, compared to ¥9,963,608.37 in the previous year[45] - R&D expenses totaled ¥14,712,398.26, representing 4.82% of operating revenue, with no capitalized R&D expenditures[54] - The company has established a comprehensive research and production integration system, achieving significant results in complex precision electromechanical hydraulic equipment[41] Market and Product Development - The company has enhanced its product line, focusing on aircraft ground support equipment and related manufacturing, which has improved its order acquisition capabilities[42] - The company is actively pursuing market expansion opportunities in the aerospace and defense sectors, driven by national policies promoting military-civilian integration[34] - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million yuan allocated for potential deals[98] - The company plans to enhance collaboration across various business units to improve the development and manufacturing of aviation ground support equipment and components[74] Governance and Compliance - The company has established a complete corporate governance structure, ensuring independence from the controlling shareholder[92] - Information disclosure was conducted in accordance with laws and regulations, with no instances of false records or significant omissions[90] - The company maintained independence from its controlling shareholder in assets, personnel, finance, and operations, ensuring no interference in management decisions[89] - The company has not faced any penalties from securities regulatory agencies in the past three years[103] Employee and Social Responsibility - The company has established a comprehensive employee training system, focusing on management, technology, and health[113] - Employee rights are protected in accordance with national regulations, with a comprehensive social security system in place[126] - The company actively engaged in social responsibility initiatives, including pandemic prevention measures, ensuring a 100% vaccination rate among employees[127] Future Outlook - The company aims to achieve a stable and progressive growth strategy for 2022, with specific operational goals and responsibilities assigned[73] - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter, aiming for 1.32 billion yuan[98] - New product launches are expected to contribute an additional 200 million yuan in revenue over the next six months[98] - The management emphasized the importance of sustainability initiatives, with a commitment to reduce carbon emissions by 25% over the next five years[98]

2022 年第一季度报告 证券代码：603261 证券简称：立航科技 成都立航科技股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性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。 公司负责人刘随阳、主管会计工作负责人唐圣林及会计机构负责人（会计主管人员）姜方莉保证 季度报告中财务报表信息的真实、准确、完整。 第一季度财务报表是否经审计 (三)主要会计数据、财务指标发生变动的情况、原因 (二)非经常性损益项目和金额 将《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列举的非经常性损益 项目界定为经常性损益项目的情况说明 □适用 √不适用 □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 | 本报告期比上年同期增减 | | | | --- | --- | --- | --- | --- | | ...

证券代码：603261 证券简称：立航科技 成都立航科技股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人刘随阳、主管会计工作负责人唐圣林及会计机构负责人（会计主管人员）姜方莉保证 季度报告中财务报表信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 2022 年第一季度报告 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 | 本报告期比上年同期增减 | | | | --- | --- | --- | --- | --- | | | | 变动幅度(%) | | | | 营业收入 | 33,602,448.83 | | | 176.79 | | 归属于上市公司股东的净利润 | 2,450,944.75 | | | 156.13 | | 归属于上市公司股东 ...

Financial Performance - The company's operating revenue for 2021 was CNY 305,100,698.16, representing a 4.12% increase compared to CNY 293,031,489.79 in 2020[21]. - The net profit attributable to shareholders for 2021 was CNY 69,818,620.85, a slight increase of 0.71% from CNY 69,329,803.17 in 2020[21]. - The net profit after deducting non-recurring gains and losses was CNY 66,467,531.40, showing a decrease of 0.97% compared to CNY 67,120,660.22 in 2020[22]. - The company achieved operating revenue of CNY 305,100,698.16 in 2021, representing a year-on-year growth of 4.12%[31]. - The company reported a basic earnings per share of CNY 1.21, a slight increase of 0.83% compared to the previous year[23]. - The total operating revenue for 2021 reached ¥305,100,698.16, an increase of 4.6% compared to ¥293,031,489.79 in 2020[182]. - The total profit for 2021 was CNY 82,681,767.53, up from CNY 81,888,569.65 in 2020, reflecting a growth of 0.97%[183]. - The total comprehensive income for 2021 was CNY 69,818,620.85, compared to CNY 69,329,803.17 in 2020, showing a slight increase of 0.7%[184]. Cash Flow and Assets - The net cash flow from operating activities decreased by 47.98% to CNY 32,752,277.57 from CNY 62,959,083.21 in 2020[22]. - The total assets at the end of 2021 were CNY 731,052,294.26, reflecting a 26.22% increase from CNY 579,168,502.81 at the end of 2020[22]. - The company's cash and cash equivalents stood at CNY 220.9165 million, up from CNY 179.3062 million, representing a growth of about 23.2% year-over-year[173]. - The net cash flow from operating activities decreased by 47.98% year-on-year, totaling ¥32.75 million, while cash inflows increased by 11.97% to ¥299.81 million[57]. - The company's cash flow from financing activities generated a net inflow of CNY 38,595,763.87, compared to CNY 14,209,275.73 in the previous year, representing a significant increase of approximately 171.5%[193]. Research and Development - The company focused on enhancing its research and development capabilities through collaboration with well-known domestic universities and research institutions[33]. - The total R&D expenditure amounted to ¥14.71 million, representing 4.82% of the total revenue, with no capitalized R&D expenses[55]. - Research and development expenses decreased to CNY 7,664,260.74 in 2021 from CNY 9,866,833.74 in 2020, a reduction of 22.3%[185]. Governance and Compliance - The company has a standard unqualified audit report from the accounting firm Xin Yong Zhong He[4]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring no interference in management decisions[84]. - The company has established a robust investor relations management mechanism, ensuring accurate and complete disclosure of information without misleading statements[85]. - The company has established specialized committees under the board, including the audit committee, nomination committee, compensation and assessment committee, and strategic committee[101]. - The company has not faced any penalties from securities regulatory authorities in the past three years[98]. Market Position and Strategy - The company achieved a significant increase in its market share in the high-end equipment sector, with core technology dependency on external sources significantly reduced[36]. - The company is positioned to benefit from national policies promoting the integration of military and civilian industries, enhancing its growth prospects in the defense sector[35]. - The company is focused on expanding its market presence in civilian products to reduce reliance on military contracts[75]. - The company has plans for market expansion and potential mergers and acquisitions, aiming to enhance its competitive position in the industry[93]. Employee and Talent Management - The company emphasizes talent development through a combination of internal and external training, fostering a positive environment for employee growth[42]. - The company has established a comprehensive employee training system, focusing on management, technology, and health, to enhance employee capabilities[108]. - The company has a strict compensation policy that links salaries to overall company performance and individual assessments, aiming to attract and retain talent[107]. Risks and Challenges - There are no significant risks that could materially affect the company's operations during the reporting period[8]. - The company faces risks related to high customer concentration, primarily serving units under the aviation industry[75]. - The company has established a COVID-19 prevention and control leadership group to mitigate risks associated with the pandemic[75].