银都餐饮设备股份有限公司独立董事 关于第四届董事会第二十次会议相关事项的独立意见 根据《上市公司独立董事规则》、《上海证券交易所股票上市规则》、《上海证 券交易所上市公司自律监管指引第1号 -- 规范运作》、《公司章程》等有关规定, 我们作为银都餐饮设备股份有限公司(以下简称"公司")的独立董事,本着对公司 及股东负责的态度,按照实事求是的原则,对公司第四届董事会第二十次会议审议的 相关事项进行认真审查,基于独立判断立场,发表如下独立意见: 公司 2023 年半年度募集资金存放与实际使用情况符合中国证券监督管理委员会 和上海证券交易所有关法规和文件的规定,对募集资金进行了专户存储和专项使用, 不存在变相改变募集资金用途和损害股东利益的情况,不存在违规使用募集资金的情 形。 (以下无正文) 独立董事:厉国威 肖杨 YEO CHOO TECK 2023 年 08 月 25 日 银都餐饮设备股份有限公司 （本页无正文,为银都餐饮设备股份有限公司独立董事关于第四届董事会第二十 次会议相关事项的独立意见签字页 ) 厅国威: 时间: 2023 年 08 月 25 日 银都餐饮设备股份有限公司 （本页无正文，为银都餐饮设备 ...

证券代码：603277 证券简称：银都股份 公告编号：2023-043 银都餐饮设备股份有限公司 第四届董事会第二十次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 银都餐饮设备股份有限公司（以下简称"公司"或"银都股份"）第四届董 事会第二十次会议于 2023 年 08 月 25 日上午 10 时在杭州临平区星桥街道博旺街 56 号公司会议室以现场结合通讯方式召开。本次会议已于 2023 年 08 月 15 日以 电子邮件的通知方式通知各位董事。会议应到董事 7 名，亲自出席会议董事 6 名，委托出席董事 1 名（其中：以通讯方式出席 5 名）。独立董事 YEO CHOO TECK 因行程安排冲突授权委托独立董事肖杨出席会议，并行使表决权。会议由董事长 周俊杰先生主持，本次会议的召开符合《中华人民共和国公司法》及《公司章程》 的有关规定，会议合法、有效。 特此公告。 （二）审议通过《2023 年半年度募集资金存放与实际使用情况的专项报 告》。 内容详见公司同日在上海证券交易所网站（ ...

证券代码：603277 证券简称：银都股份 公告编号：2023-047 银都餐饮设备股份有限公司 关于召开 2023 年半年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、准确性和完整性依法承担法律责任。 重要内容提示： 投资者可于 2023 年 09 月 07 日 （ 星 期 四 ） 15:00-16:00 通过网址 https://eseb.cn/17oJfPnuPZe 或使用微信扫一扫以下小程序码即可进入参与互动 交流。投资者可于 2023 年 09 月 07 日前进行会前提问，公司将通过本次业绩说 明会上，在信息披露允许范围内就投资者普遍关注的问题进行回答。 一、说明会类型 银都餐饮设备股份有限公司（以下简称"公司"）已于 2023 年 08 月 29 日 在上海证券交易所网站（www.sse.com.cn）披露了《2023 年半年度报告全文》及 《2023 年半年度报告摘要》。为便于广大投资者更加全面深入地了解公司经营 业绩、发展战略等情况，公司定于 2023 年 09 月 07 日（星期四）15:00-16:00 在 会议召 ...

证券代码：603277 证券简称：银都股份 公告编号：2023-042 银都餐饮设备股份有限公司 | 公司名称 | 公司 | 经营范围 | 设立时 | 注册资本 | 总资产 | 净资产 | 净利润 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 类型 | | 间 | （万元） | （万元） | （万元） | （万元） | | 上海银淦冠厨 酒店设备工程 | 参股 | 酒店设备设计、 销售、安装，厨 | 2020 年 3 13 日 | 1,000 | 1,356.16 | 127.70 | -80.32 | | | 公司 | 房设备设计、销 | 月 | | | | | | 有限公司 | | 售、安装及维修 | | | | | | 注：上述财务数据未经审计，根据银淦冠厨提供的最新一期财务数据填写。 三、 公司采取的措施 公司正在积极与银淦冠厨沟通，以妥善处理上述财务资助的逾期事项，督促其 尽快偿还有关款项。在银淦冠厨归还上述逾期款项前，公司将不再为其提供新的借 款。 1 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 ...

Financial Performance - The net profit attributable to the parent company's shareholders for 2022 was ¥448,965,369.07, with a distributable profit of ¥964,552,794.59 as of December 31, 2022[6]. - The proposed cash dividend for 2022 is ¥7.00 per 10 shares, totaling ¥294,453,600.00, which represents 93.70% of the net profit attributable to the parent company[7]. - The remaining undistributed profit after the dividend distribution is ¥670,099,194.59, to be carried forward for future distribution[6]. - The company's operating revenue for 2022 was ¥2,662,851,580.37, representing an increase of 8.30% compared to ¥2,458,732,323.96 in 2021[27]. - The net profit attributable to shareholders for 2022 was ¥448,965,369.07, an increase of 8.96% from ¥412,053,037.08 in 2021[27]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥406,352,708.40, up 18.16% from ¥343,901,087.33 in 2021[27]. - The net cash flow from operating activities for 2022 was ¥580,221,126.57, a significant increase of 600.28% compared to ¥82,855,298.52 in 2021[27]. - The total assets at the end of 2022 were ¥3,441,687,875.04, reflecting a 2.66% increase from ¥3,352,594,799.31 at the end of 2021[27]. - The net assets attributable to shareholders at the end of 2022 were ¥2,531,221,266.72, which is a 10.77% increase from ¥2,285,182,009.52 at the end of 2021[27]. Corporate Governance - The board of directors and management have confirmed the accuracy and completeness of the annual report[4]. - The company has established a sound corporate governance structure in accordance with relevant laws and regulations, enhancing operational standards and investor relations[110]. - The board of directors consists of 7 members, including 3 independent directors, and convened 9 times to approve 42 resolutions during the reporting period[111]. - The supervisory board is composed of 3 members, including 1 employee representative, and held 8 meetings to review 33 resolutions[111]. - The company has maintained compliance with regulatory requirements, with no penalties from securities regulatory agencies in the past three years[126]. Market Expansion and Strategy - The company plans to continue its market expansion and product development strategies in the upcoming year[8]. - The company is actively seeking new breakthroughs in market expansion despite the complex domestic and international environment[40]. - The company is focusing on expanding its market presence in Europe and North America, particularly through its subsidiaries in the UK and USA[92]. - The company has established a "85 Country Plan" to sell its products in 85 countries, utilizing three distribution models: overseas warehouses with self-sales, overseas warehouses with agent sales, and pure agent sales[99]. - The company plans to expand its production base in Thailand and enhance its overseas marketing network, with a focus on establishing a kitchen equipment production workshop[100]. Research and Development - The company holds a total of 145 valid patents, including 18 invention patents, 63 utility model patents, and 64 design patents as of December 2022[55]. - The company's R&D expenses for the year were CNY 66,979,941.72, a decrease of 23.04% compared to the previous year, primarily due to lower material inputs for IoT technology projects[62]. - The company is investing in new product development, particularly in environmentally friendly kitchen equipment, to meet market trends[92]. - The company is committed to developing low GWP and ODP refrigerants, such as R290 and R600a, in its new product designs[171]. Operational Efficiency - The company is focused on enhancing its operational efficiency through the implementation of advanced management systems like ERP and CRM[18]. - The company has optimized production processes and improved labor productivity through specialized mechanized equipment, enhancing overall efficiency[44]. - The company has implemented centralized procurement management, improving supply chain efficiency and enhancing bargaining power[57]. - The company is committed to maintaining a stable management team with no changes in shareholding for key executives[116]. Environmental Responsibility - The company has no VOC emissions and has conducted comprehensive self-inspections regarding environmental compliance, with no non-conformities identified[166]. - Wastewater treatment processes meet the standards set by national regulations, ensuring compliance with discharge limits[168]. - The company has implemented carbon reduction measures, achieving a reduction of 3,810 tons of CO2 equivalent emissions through optimized processing techniques[170]. - The company has a commitment to sustainable production methods, focusing on green, low-carbon, and circular practices[171]. Shareholder Engagement - The company has a comprehensive plan for future shareholder returns from 2022 to 2024, as discussed in the extraordinary general meeting[113]. - The company has a three-year shareholder dividend return plan for 2022-2024[128]. - The company emphasizes the importance of independent directors in the decision-making process regarding cash dividends, ensuring transparency and compliance with regulations[148]. Challenges and Risks - The company faced challenges in the second half of 2022 due to concerns over economic recession in Europe and price adjustments in response to lower shipping rates[40]. - The company has reported a significant increase in raw material costs, particularly for steel and MDI, which may impact future operating performance[103]. - The company operates primarily through a distribution model, which poses risks related to the behavior of distributors and potential market price instability[105].

Financial Performance - In Q1 2023, the company reported a net profit of RMB 97,484,819.57, a decrease of 21.4% compared to RMB 124,076,230.22 in the same period last year[11] - Total operating revenue for Q1 2023 was ¥597,914,841.34, a decrease of 10.23% compared to ¥666,070,540.83 in Q1 2022[31] - Net profit attributable to shareholders for Q1 2023 was ¥97,484,819.57, down 21.43% from the previous year[39] - The total comprehensive income for the first quarter of 2023 was CNY 89,482,320.62, a decrease from CNY 122,399,301.07 in the same period last year, representing a decline of approximately 26.9%[50] - Basic earnings per share for Q1 2023 were ¥0.24, a decrease of 20.00% compared to the previous year[39] - Basic earnings per share for the first quarter were CNY 0.24, down from CNY 0.30 year-over-year, reflecting a decrease of 20%[50] Assets and Liabilities - Total liabilities amounted to RMB 898,429,544.39, down from RMB 910,466,608.32 in the previous quarter, indicating a reduction of approximately 1.1%[9] - The company's total equity reached RMB 2,625,156,228.66, an increase from RMB 2,531,221,266.72, reflecting a growth of about 3.7%[9] - The company’s total assets were reported at RMB 3,523,585,773.05, compared to RMB 3,441,687,875.04 in the previous quarter, marking an increase of approximately 2.4%[9] - Current liabilities slightly decreased to RMB 613,754,728.31 from RMB 615,151,516.67, showing a marginal reduction of around 0.2%[47] - The company’s fixed assets increased to RMB 814,126,339.90 from RMB 720,811,036.43, representing a growth of approximately 12.9%[47] Cash Flow - Net cash flow from operating activities for Q1 2023 was ¥162,029,072.14, compared to a negative cash flow of -¥87,678,535.59 in Q1 2022[31] - Total cash inflow from operating activities was ¥580,832,306.01, while total cash outflow was ¥418,803,233.87, resulting in a net cash inflow of ¥162,029,072.14[31] - Cash inflow from investment activities was ¥60,412,098.47, while cash outflow was ¥73,100,645.14, leading to a net cash outflow of -¥12,688,546.67[31] - The net cash flow from financing activities was CNY 9,256,280.00, significantly lower than CNY 55,878,947.02 in the previous year, indicating a decline of approximately 83.5%[52] - The company reported a net increase in cash and cash equivalents of CNY 157,287,680.17 for the quarter, compared to CNY 83,037,290.71 in the previous year, indicating a growth of approximately 89.3%[52] Expenses - Research and development expenses were RMB 11,267,847.27, a decrease of 29.4% from RMB 15,944,916.22 in the previous year[11] - Sales expenses increased to RMB 85,435,694.94, up 19.1% from RMB 71,722,467.97 in the same quarter last year[11] - The total operating cost for Q1 2023 was ¥492,688,826.20, down from ¥516,822,756.53 in Q1 2022[31] - The company reported a decrease in tax and additional charges to RMB 2,787,858.79 from RMB 3,453,135.39 in the previous year, a reduction of about 19.4%[11] Shareholder Information - The company had a total of 7,850 shareholders at the end of the reporting period, with the largest shareholder holding 50.14% of the shares[5] - The number of ordinary shareholders and the distribution of shares among the top ten shareholders remained stable, indicating consistent shareholder confidence[41] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[42] - The company is focusing on enhancing its operational efficiency and exploring potential mergers and acquisitions to strengthen its market position[42] Other Financial Metrics - The weighted average return on equity for Q1 2023 was 3.78%, a decrease of 1.50 percentage points compared to the previous year[39] - The company reported a total non-operating income of RMB 3,579,328.12, with significant contributions from government subsidies and investment income[40] - Cash and cash equivalents increased to RMB 1,030,101,870.75 from RMB 873,587,476.65, representing a growth of approximately 17.9% year-over-year[46] - Accounts receivable rose to RMB 249,845,445.02, up from RMB 199,890,325.37, indicating an increase of about 25% compared to the previous year[46] - Inventory decreased to RMB 841,673,587.37 from RMB 933,829,750.70, reflecting a decline of approximately 9.8% year-over-year[46] - The company did not apply new accounting standards or interpretations for the first quarter of 2023[53]

证券代码：603277 证券简称：银都股份 公告编号：2023-036 会议召开时间：2023 年 05 月 19 日（星期五）15:00-16:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 会议问题征集： 投 资 者 可 于 2023 年 05 月 19 日 前 访 问 网 址 https://eseb.cn/141CwKy2v96 或使用微信扫描下方小程序码进行会前提 问，公司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍 关注的问题进行回答。 地了解公司经营业绩、发展战略等情况，公司定于 2023 年 05 月 19 日（星期五） 15:00-16:00 在"价值在线"（www.ir-online.cn）举办 2022 年年度业绩说明会， 与投资者进行沟通和交流，广泛听取投资者的意见和建议。 银都餐饮设备股份有限公司 关于举办 2022 年年度暨 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、准确性和完整性依法承担法律责任。 重要内容提示： 一、说明会类 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥687,081,565.16, representing a year-on-year increase of 6.87%[7] - The net profit attributable to shareholders for Q3 2022 was ¥93,050,221.14, showing a decrease of 24.81% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥86,389,799.41, down 25.32% year-on-year[7] - The basic earnings per share for Q3 2022 was ¥0.23, a decrease of 23.33% compared to the same period last year[11] - The weighted average return on equity for Q3 2022 was 3.72%, a decrease of 1.61 percentage points year-on-year[11] - Total operating revenue for the first three quarters of 2022 reached ¥2,118,525,109.16, a 23.4% increase from ¥1,717,570,227.80 in the same period of 2021[32] - Net profit for the first three quarters of 2022 was ¥370,551,572.28, representing a 13.6% increase compared to ¥326,077,194.50 in the same period of 2021[35] - Other comprehensive income after tax for the first three quarters of 2022 was ¥50,008,421.77, a significant improvement from -¥23,100,183.79 in the same period of 2021[35] - Total comprehensive income for the first three quarters of 2022 reached CNY 420,559,994.05, a significant increase from CNY 302,977,010.71 in the same period of 2021, representing a growth of approximately 38.9%[37] - Basic and diluted earnings per share for the first three quarters of 2022 were both CNY 0.89, up from CNY 0.78 in the same period of 2021, indicating an increase of 14.1%[37] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥3,396,599,244.86, an increase of 1.31% compared to the end of the previous year[11] - As of September 30, 2022, the company's total assets amounted to RMB 3,396,599,244.86, an increase from RMB 3,352,594,799.31 at the end of 2021, reflecting a growth of approximately 1.31%[23] - The company's current assets reached RMB 2,257,708,809.40, compared to RMB 2,044,944,253.23 at the end of 2021, indicating an increase of about 10.39%[27] - The company's total liabilities decreased to ¥955,215,154.93 as of September 30, 2022, down from ¥1,067,412,789.79 at the end of 2021, a reduction of approximately 10.5%[30] - Shareholders' equity increased to ¥2,441,384,089.93 as of September 30, 2022, compared to ¥2,285,182,009.52 at the end of 2021, reflecting an increase of 6.8%[30] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥339,253,141.15, reflecting a significant increase of 259.08% compared to the same period last year[11] - Net cash flow from operating activities for the first three quarters of 2022 was CNY 339,253,141.15, compared to CNY 94,477,492.71 in the same period of 2021, reflecting a substantial increase of 258.5%[39] - Cash inflow from operating activities totaled CNY 2,241,168,671.39 in the first three quarters of 2022, up from CNY 1,851,123,441.17 in 2021, marking an increase of 21.0%[39] - Cash outflow from operating activities was CNY 1,901,915,530.24 in the first three quarters of 2022, compared to CNY 1,756,645,948.46 in the same period of 2021, which is an increase of 8.2%[39] - Cash flow from investing activities generated a net inflow of CNY 327,778,702.50 in the first three quarters of 2022, compared to CNY 188,727,011.58 in 2021, representing an increase of 73.8%[40] - Cash flow from financing activities resulted in a net outflow of CNY 364,587,350.91 in the first three quarters of 2022, compared to a net outflow of CNY 177,339,562.75 in 2021, indicating a worsening of 105.5%[40] - The cash and cash equivalents at the end of the third quarter of 2022 amounted to CNY 651,889,841.49, up from CNY 397,723,350.89 at the end of the same period in 2021, reflecting an increase of 63.7%[40] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,558[18] - The largest shareholder, Zhou Junjie, holds 50.14% of the shares, totaling 210,924,000 shares[18] - The company reported a total of 210,924,000 shares held by the largest shareholder, indicating a significant concentration of ownership[19] Research and Development - Research and development expenses for the first three quarters of 2022 were ¥49,280,219.53, a slight decrease from ¥52,264,273.69 in the same period of 2021[32] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[22] Other Financial Metrics - The company reported non-recurring gains of ¥3,295,190.26 for Q3 2022, with a total of ¥24,616,716.15 for the year-to-date[16] - The company's non-current assets totaled RMB 1,138,890,435.46, down from RMB 1,307,650,546.08, indicating a decrease of approximately 12.92%[27] - Short-term borrowings were not reported as of September 30, 2022, compared to RMB 68,200,719.31 at the end of 2021, reflecting a reduction in liabilities[27] - Accounts payable decreased to RMB 171,703,191.54 from RMB 255,092,654.91, a decline of about 32.69%[27] - Cash and cash equivalents stood at RMB 656,568,663.18, significantly up from RMB 335,709,489.10, representing a growth of approximately 95.43%[23] - Accounts receivable increased to RMB 251,911,674.51 from RMB 212,110,220.82, marking a rise of around 18.69%[23] - Inventory levels were reported at RMB 1,014,833,006.94, slightly up from RMB 1,010,091,863.79, showing a marginal increase of about 0.38%[23] - The company reported a financial expense of -¥23,867,493.39 in the first three quarters of 2022, compared to a financial expense of ¥17,084,581.24 in the previous year[32] - The company received CNY 5,000,000.00 from investment in the first three quarters of 2022, a decrease from CNY 101,650,000.00 in the same period of 2021, indicating a decline of 95.1%[40] - The company reported a foreign exchange gain of CNY 20,742,930.04 in the first three quarters of 2022, compared to a loss of CNY 4,081,797.39 in the same period of 2021, showing a significant improvement[40]

Financial Performance - The company's revenue for the first half of 2022 reached ¥1,431,443,544, representing a 33.20% increase compared to ¥1,074,627,551 in the same period last year[19]. - Net profit attributable to shareholders for the same period was ¥277,501,351, a 37.16% increase from ¥202,325,795 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥248,729,066, reflecting a 46.73% increase compared to ¥169,519,611 in the prior year[19]. - The net cash flow from operating activities was ¥88,509,425, which is a 90.39% increase from ¥46,487,899 in the same period last year[19]. - Basic earnings per share for the first half of 2022 were ¥0.66, up 37.50% from ¥0.48 in the same period last year[19]. - The weighted average return on net assets increased to 11.33%, up by 2.78 percentage points from 8.55% in the previous year[19]. - The company reported a total comprehensive income of ¥301,496,354.89 for the first half of 2022, compared to ¥186,906,936.97 in the same period of 2021[106]. - The company achieved operating revenue of CNY 1,431,443,544.00 in the first half of 2022, representing a year-on-year growth of 33.20%[32]. - Net profit attributable to shareholders reached CNY 27,750,140.00, marking a year-on-year increase of 37.16%[31]. Dividend Distribution - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares, totaling 126,205,200.00 RMB, based on a total share capital of 42,068,400 shares as of June 16, 2022[5]. - The company has not proposed any capital reserve transfers to increase share capital or stock dividends in this profit distribution plan[5]. Corporate Governance and Compliance - The board of directors and senior management confirm the accuracy and completeness of the financial report, assuming legal responsibility for any misstatements[3]. - The report includes a section on corporate governance, highlighting the company's commitment to transparency and accountability[8]. - The financial report has not been audited, but management assures its accuracy and completeness[4]. - There are no non-operational fund occupations by controlling shareholders or related parties reported[6]. - The company has not violated decision-making procedures for external guarantees[6]. - There are no significant lawsuits or arbitration matters during the reporting period[80]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[79]. - There are no significant guarantees or violations reported during the period[80]. - The company has not disclosed any major related party transactions during the reporting period[82]. Market Presence and Sales Strategy - The company has established 19 warehousing centers overseas, including 11 in the United States, to enhance its global sales strategy[28]. - The company aims to continue expanding its overseas market presence through the establishment of sales subsidiaries and partnerships[28]. - The company exports products to over 80 countries and regions, demonstrating its extensive market reach[28]. - The company's foreign sales revenue accounted for 96% of total revenue, indicating a strong focus on international markets[31]. - The sales revenue from the company's own brands has exceeded 70% in recent years, indicating a strong market presence[28]. - The company focuses on OBM (Own Branding Manufacture) and ODM (Original Design Manufacture) business models, with domestic sales entirely through OBM[26]. Research and Development - Research and development expenses decreased by 13.87% to CNY 32,227,888.40, as some projects were still in the prototype stage[32]. - The company has optimized its R&D team structure and is actively recruiting talent in various technical fields[31]. - The company holds a total of 146 valid patents, including 18 invention patents, 64 utility model patents, and 64 design patents as of June 2022[30]. Environmental and Social Responsibility - The company’s environmental monitoring results showed that all wastewater and air emissions met the required standards during the reporting period[66]. - The company implemented measures to manage waste, including recycling metal scraps and proper disposal of kitchen waste[64]. - The company has committed to reducing carbon emissions and has made significant progress in resource conservation and renewable energy utilization[70]. - The company actively engages in social responsibility initiatives related to environmental protection and sustainable development[69]. - The company promotes a paperless office environment and implements waste classification management to minimize resource waste and pollution[69]. Financial Position and Assets - The company's total assets at the end of the reporting period were ¥3,352,626,312, showing no change from the previous year[19]. - The net assets attributable to shareholders increased to ¥2,437,589,854, a 6.67% rise from ¥2,285,182,009 at the end of the previous year[19]. - The company's total liabilities decreased to ¥915,036,457.45 from ¥1,067,412,789.79, showing a decline of about 14.3%[100]. - The total equity of the company at the end of the reporting period was ¥2,176,305,705.15, slightly down from ¥2,191,774,286.24 at the beginning of the year[103]. Inventory and Asset Management - The company has a total of ¥639,442,466.65 in inventory, which is also subject to floating pledges due to loans[39]. - The company has recognized sufficient inventory impairment losses for obsolete products, although there is a risk of future sales difficulties due to market changes[50]. - The company uses a weighted average method for inventory valuation[178]. - The net realizable value of inventory is determined based on the lower of cost and net realizable value[178]. Shareholder Information - The total number of shareholders reached 8,803 by the end of the reporting period[89]. - The largest shareholder, Zhou Junjie, holds 210,924,000 shares, accounting for 50.94% of the total shares[89]. - Major shareholders have pledged not to transfer or manage their shares for 36 months post-IPO, with a maximum reduction of 5% of total shares in the following two years[76]. Risk Management - The company has detailed potential risks in the report, which can be found in the management discussion section[6]. - The company faces risks related to overseas operations, including political and economic changes in export countries[48]. - The company primarily uses a distribution model for sales, which may lead to risks associated with distributor behavior and market price instability[49]. - The company has acknowledged the potential impact of fluctuating shipping costs on future operating performance, despite a slight decrease in shipping fees during the reporting period[55]. Accounting Policies - The financial statements comply with the enterprise accounting standards, reflecting the company's financial position, operating results, changes in equity, and cash flows accurately[151]. - The company recognizes financial assets and liabilities at fair value upon initial recognition, with subsequent measurement based on their classification[162]. - The company has specific accounting policies for bad debt provisions, fixed asset depreciation, intangible asset amortization, and revenue recognition based on its operational characteristics[150].

Financial Performance - The net profit attributable to the parent company's shareholders for 2021 was CNY 412,053,037.08, with a distributable profit of CNY 877,010,973.73 as of December 31, 2021[5]. - The proposed cash dividend for 2021 is CNY 5.00 per 10 shares, totaling CNY 210,092,000.00, which represents 101.98% of the net profit attributable to the parent company[6]. - The remaining undistributed profit after the dividend distribution is CNY 666,918,973.73, to be carried forward for future distribution[5]. - In 2021, the company's operating revenue reached CNY 245,873.23 million, representing a 52.31% increase compared to CNY 161,430.51 million in 2020[25]. - The net profit attributable to shareholders was CNY 41,205.30 million, up 32.69% from CNY 31,052.78 million in the previous year[25]. - The net profit after deducting non-recurring gains and losses was CNY 34,390.11 million, reflecting a 45.44% increase from CNY 23,645.78 million in 2020[25]. - The company's total assets increased by 13.17% to CNY 335,259.48 million at the end of 2021, compared to CNY 296,233.97 million at the end of 2020[25]. - The basic earnings per share for 2021 was CNY 0.98, a 27.27% increase from CNY 0.77 in 2020[25]. - The weighted average return on net assets rose to 17.39% in 2021, an increase of 2.9 percentage points from 14.49% in 2020[25]. - The net cash flow from operating activities was CNY 8,285.53 million, a decrease of 70.45% compared to CNY 28,041.07 million in 2020[25]. Dividend Distribution - The total cash dividend amount for 2021, including the interim dividend, is CNY 420,202,000.00[6]. - The company has confirmed that all board members attended the board meeting, ensuring accountability for the report's accuracy[4]. - The company’s profit distribution policy mandates that at least 20% of the annual distributable profit must be distributed, with specific minimum cash dividend ratios based on the company's development stage[139]. - In mature stages with no major capital expenditures, cash dividends should constitute at least 80% of the profit distribution; in cases of significant expenditures, this minimum drops to 40%[139]. Risk Management - The company has provided a detailed risk description in the report, highlighting potential risks for future development[9]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[8]. - There are no violations of decision-making procedures regarding external guarantees[9]. - The company is exposed to risks from overseas operations, including political and economic changes in export markets, which could adversely affect business[96]. - The ongoing COVID-19 pandemic continues to impact the company's production and operations, with the extent of the impact depending on the progression of pandemic control measures[98]. - Rising raw material prices, such as steel and MDI, pose a risk to future operating performance, prompting adjustments in product pricing[92]. Market Expansion and Product Development - The company plans to continue its market expansion and product development strategies, although specific figures are not disclosed in the report[7]. - The company has established stable customer groups in multiple countries and regions, with significant growth in sales revenue from subsidiaries in Europe and the United States[35]. - The company plans to enhance its market share in overseas markets and actively explore new domestic channels[35]. - The company has accelerated product development in commercial kitchen equipment, launching new products such as ice machines and multifunctional steam ovens, enhancing overall sales capabilities in the commercial kitchen equipment sector[38]. - Future product development will focus on smart and environmentally friendly solutions, addressing energy consumption and environmental impact[85]. Research and Development - Research and development expenses surged by 89.04%, totaling ¥87,037,431.55 compared to ¥46,042,660.55 in the prior year[54]. - The company aims to recruit more talented individuals to enhance R&D capabilities and diversify its product offerings in the commercial kitchen equipment sector[51]. - The company has implemented PLM software to optimize production processes and improve cost control, enhancing labor productivity through specialized mechanical equipment[38]. - The company has been recognized as a provincial high-tech enterprise research center and has accumulated 132 valid patents, including 18 invention patents[51]. Governance and Compliance - The company held three shareholder meetings during the reporting period, ensuring compliance with legal requirements and promoting shareholder rights[102]. - The board of directors convened eight times, approving 51 proposals, demonstrating active governance and decision-making processes[102]. - The company has a governance structure that ensures equal rights for all shareholders, particularly minority shareholders, enhancing transparency and accountability[102]. - The company has not reported any violations or penalties against its directors, supervisors, or major shareholders[165]. - The company has not faced any delisting risks or bankruptcy restructuring matters[164]. Financial Management - The company has implemented a comprehensive cost control system, focusing on product design, production processes, and centralized procurement management[46]. - The company reported a significant exchange loss of ¥25,444,046.84 due to fluctuations in the RMB to USD exchange rate, impacting its financial status and operational performance[97]. - The company has engaged in various trust financial products, with amounts ranging from 30 million RMB to 190 million RMB, and annualized returns between 6.90% and 8.00%[174]. - The company has not reported any impairment provisions for entrusted loans, suggesting a stable financial position[176]. Employee and Talent Development - The company emphasizes talent development as a strategic decision, introducing specialized training programs for employees at all levels to enhance skills and capabilities[39]. - The company aims to recruit top-tier technical talent from prestigious universities and has launched a "New Star Program" for new graduates to prepare for talent development[40]. - The company has a structured salary system that includes annual salary, commission, and agreement-based wages to attract and retain talent[135]. - The company has completed the release of restrictions for its 2018 equity incentive plan by the end of 2021[135]. Shareholder Information - The total number of shares held by the board members remained unchanged during the reporting period, with no share increases or decreases reported[109]. - The total pre-tax remuneration for the board members during the reporting period amounted to 1,131.14 million yuan[109]. - The largest shareholder, Zhou Junjie, holds 210.924 million shares, representing 50.19% of the total shares[189]. - The company has a total of 900,000 restricted shares held by Zhu Wenwei, with a vesting period of 12, 24, and 36 months based on performance assessments[193].