Financial Performance - The net profit attributable to ordinary shareholders for 2021 was ¥142,213,445.28, with a distributable profit of ¥463,115,580.32 as of December 31, 2021[6]. - The proposed cash dividend for 2021 is ¥2.00 per 10 shares (including tax), totaling approximately ¥58,744,240.00 (including tax) based on the adjusted share count[6]. - The company's operating revenue for 2021 reached ¥1,097,586,525.42, representing a 25.71% increase compared to ¥873,140,922.29 in 2020[24]. - The net profit attributable to shareholders for 2021 was ¥142,213,445.28, a significant increase of 64.04% from ¥86,695,032.83 in 2020[24]. - The net cash flow from operating activities for 2021 was ¥209,910,411.00, up 19.27% from ¥175,999,912.85 in 2020[24]. - The total assets at the end of 2021 amounted to ¥1,888,508,864.73, reflecting a 25.01% increase from ¥1,510,638,667.97 at the end of 2020[24]. - The company's net assets attributable to shareholders increased by 25.40% to ¥1,331,044,028.34 at the end of 2021, compared to ¥1,061,464,111.43 at the end of 2020[24]. - Basic earnings per share for 2021 were ¥0.49, an increase of 48.48% from ¥0.33 in 2020[25]. - The weighted average return on equity for 2021 was 11.47%, up from 8.33% in 2020, indicating a growth of 3.14 percentage points[25]. Risk Management - The company has outlined potential risks in the management discussion and analysis section, emphasizing the importance of investor awareness[9]. - The report includes a forward-looking statement risk disclaimer, indicating that future plans do not constitute a substantive commitment to investors[7]. - The company faces risks from downstream industry fluctuations, which could negatively impact its operating performance due to its reliance on sectors like plastic building materials and automotive parts[162]. - The company’s export business accounts for approximately 30%-40% of its revenue, exposing it to trade protectionism risks, particularly in light of ongoing trade tensions between China and the U.S.[164]. - The company’s direct material costs constitute about 90% of its main business costs, making it vulnerable to fluctuations in raw material prices, particularly steel[165]. - The company is at risk of losing core technical personnel, which could weaken its long-term competitiveness if it fails to maintain effective talent retention strategies[165]. - The company’s performance may be adversely affected by the ongoing COVID-19 pandemic, which poses a risk of continued operational disruptions[166]. Market and Product Development - The company plans to continue expanding its market presence and invest in new technologies to enhance operational efficiency[16]. - The company is focused on developing intelligent manufacturing systems to improve production processes and reduce costs[16]. - The strategic initiatives include enhancing remote operation capabilities and promoting sustainable practices through circular economy principles[16]. - The company launched the new NEO series high-end injection molding machines globally, enhancing its product lineup[38]. - The focus on the new energy vehicle sector has led to significant orders from leading companies, primarily for high-end electric and multi-material injection molding machines[38]. - The company is actively developing new technologies and products in the "recyclable" and "biodegradable" application fields to promote sustainable development[69]. - The company’s automated production solution for environmentally friendly disposable spoons uses PLA materials, aligning with environmental demands[68]. - The company is enhancing its production capacity by optimizing existing production lines for flexible manufacturing to improve efficiency[159]. Research and Development - The company has established a strong R&D team and a complete R&D system, focusing on innovation and collaboration with universities and research institutions[108]. - The company is committed to continuous innovation in injection molding technology to meet the evolving demands of the market and improve production efficiency[94]. - The company’s R&D expenditure for 2021 was ¥54,651,724.23, representing a year-on-year increase of 33.83%[132]. - The number of R&D personnel is 115, accounting for 13.43% of the total workforce[131]. - The company is investing in research and development to innovate and improve product quality, aiming to provide high-end injection molding machines[159]. Corporate Governance - The board of directors has ensured the authenticity, accuracy, and completeness of the annual report[4]. - The audit report issued by Tianjian Accounting Firm is a standard unqualified opinion[5]. - The company has not reported any significant changes in the business operations of its controlling shareholders or actual controllers that would affect its independence[173]. - The company has not disclosed any significant differences in governance compared to regulations set by the China Securities Regulatory Commission[172]. - The company has a performance-based remuneration system for directors and supervisors, which is determined based on the completion of annual operational goals[183]. - The current management team includes individuals with extensive experience in various industries, including education and finance[180]. - The company has seen changes in its board, with independent directors being elected and some leaving due to term changes[184]. Sales and Marketing - The company has strengthened its global marketing channel system, with over 40 domestic offices and distributors across China and subsidiaries in Portugal, Mexico, South Korea, and Brazil[42]. - The company has exported products to over 130 countries and regions, enhancing its competitiveness in the global market[43]. - The company is focusing on localizing its inventory and service capabilities to enhance its foreign sales operations[161]. - The company is expanding its participation in industry exhibitions to boost its market presence and sales capabilities[161]. - The company plans to strengthen its marketing service network in both domestic and international markets, focusing on regional market expansion and enhancing sales support for foreign distributors[161]. Financial Position - The overall asset-liability ratio stood at 29.52%, indicating a stable financial condition[35]. - The balance of cash and cash equivalents decreased by 58.08% to ¥173,658,288.68, primarily due to investments in various financial products[137]. - The balance of trading financial assets increased by 382.28% to ¥530,512,794.50, driven by an increase in financial product investments[137]. - The company has a total of CNY 581,915,504.51 in financial assets at fair value at the end of the reporting period[148]. - The company reported a net loss of CNY 3,165,326.85 for its Hong Kong subsidiary, which has total assets of CNY 65,563,676.70[150].

Financial Performance - The company's operating revenue for Q3 2021 was ¥293,982,101.29, representing an increase of 8.30% compared to the same period last year, and a year-to-date revenue of ¥864,951,504.66, up 42.08% year-on-year[5]. - Net profit attributable to shareholders for Q3 2021 was ¥47,151,781.79, a significant increase of 47.83% year-on-year, with a year-to-date net profit of ¥133,305,871.79, up 97.23%[5]. - The basic earnings per share for Q3 2021 was ¥0.16, reflecting an increase of 33.33%, while the diluted earnings per share also stood at ¥0.16, with a year-to-date figure of ¥0.47, up 88.00%[6]. - Total operating revenue for the first three quarters of 2021 reached ¥864,951,504.66, a 42.06% increase from ¥608,790,137.18 in the same period of 2020[20]. - Net profit for the first three quarters of 2021 was ¥133,305,871.79, compared to ¥67,587,826.04 in 2020, representing a 96.93% increase[21]. - Operating profit for the first three quarters of 2021 was ¥150,831,717.11, up 88.66% from ¥79,961,009.90 in 2020[20]. - The total comprehensive income for the first three quarters of 2021 was ¥129,019,505.21, compared to ¥62,953,890.33 in 2020, reflecting a significant increase[21]. Assets and Liabilities - The company's total assets at the end of Q3 2021 reached ¥1,808,626,497.75, marking a 19.73% increase from the end of the previous year[6]. - Total liabilities reached RMB 484,935,221.11, compared to RMB 449,174,556.54 at the end of 2020, indicating a rise of about 8.0%[17]. - The total equity attributable to shareholders rose to RMB 1,323,691,276.64 from RMB 1,061,464,111.43, marking an increase of approximately 24.7%[17]. - The company's cash and cash equivalents decreased to RMB 280,505,825.92 from RMB 414,291,586.81, representing a decline of approximately 32.2%[15]. - Accounts receivable increased to RMB 341,902,536.28 from RMB 274,830,375.16, showing a growth of around 24.4%[15]. - The total current assets increased to RMB 1,383,793,319.58 from RMB 1,175,105,684.17, indicating a growth of approximately 17.7%[15]. Cash Flow - Cash flow from operating activities for the year-to-date period was ¥146,330,216.93, reflecting a substantial increase of 92.29% compared to the same period last year[5]. - Cash flow from operating activities for the first three quarters of 2021 was ¥146,330,216.93, compared to ¥76,097,673.05 in 2020, marking an increase of 92.06%[23]. - The company reported a net cash outflow from investing activities of ¥392,783,981.19 in 2021, compared to an outflow of ¥314,305,673.22 in 2020[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,642, with the top ten shareholders holding a combined 77.59% of the shares[11]. - The largest shareholder, Hangzhou Tederic Investment Management Co., Ltd., held 43.33% of the shares, with 70,000,000 shares pledged[11]. Research and Development - Research and development expenses increased to ¥45,947,398.95 in 2021, a 57.56% rise from ¥29,203,531.38 in 2020[20]. Inventory and Financial Assets - The company's inventory slightly decreased to RMB 283,092,244.17 from RMB 285,235,646.28, a reduction of about 0.8%[15]. - The company reported a total of RMB 397,763,628.50 in trading financial assets, significantly up from RMB 110,000,000.00, reflecting a growth of about 261.6%[15]. New Standards - The company announced the implementation of new leasing standards starting in 2021, affecting the financial statements from the beginning of the year[26].

Financial Performance - The company reported a total revenue of RMB 1.5 billion for the first half of 2021, representing a year-on-year increase of 20%[1]. - The net profit attributable to shareholders reached RMB 300 million, up 15% compared to the same period last year[1]. - The company's operating revenue for the first half of 2021 reached approximately ¥570.97 million, representing a 69.26% increase compared to ¥337.33 million in the same period last year[24]. - Net profit attributable to shareholders for the first half of 2021 was approximately ¥86.15 million, a significant increase of 141.38% from ¥35.69 million in the previous year[24]. - The basic earnings per share for the first half of 2021 was ¥0.31, up 121.43% from ¥0.14 in the same period last year[23]. - The overall gross margin improved to 31.41%, an increase of 3.56 percentage points year-on-year, with gross profit amounting to 179.35 million yuan, a rise of 90.88%[55]. - The company reported a total profit of RMB 96,258,324.31 for the first half of 2021, up 133.4% from RMB 41,164,609.95 in the same period of 2020[172]. - Total comprehensive income for the first half of 2021 was RMB 85,859,505.05, compared to RMB 33,406,946.69 in the first half of 2020, marking a growth of 157.5%[173]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2022[1]. - The company aims to enhance its competitiveness in both domestic and international markets by focusing on high-end product specifications[34]. - The company is expanding its market presence in Asia, targeting a 25% increase in market share by the end of 2024[127]. - The company has a comprehensive marketing network with subsidiaries in Portugal, Mexico, South Korea, and Brazil, covering 38 countries globally[50]. Research and Development - The company has allocated RMB 200 million for research and development in new technologies, focusing on IoT integration[1]. - Research and development investments increased by 30%, focusing on innovative technologies to enhance product offerings[127]. - The company has established a strong R&D team and collaborates with universities and research institutions to enhance its technological innovation capabilities[49]. - The company is committed to advancing automation and information technology in the plastic processing industry, aligning with China's "Made in 2025" strategy[28]. Product Development and Innovation - New product development includes the launch of a next-generation injection molding machine, expected to increase production efficiency by 40%[1]. - The newly launched NEO series high-end injection molding machines were introduced at the CHINAPLAS 2021 exhibition, marking a significant innovation in the company's product offerings[29]. - The company emphasizes precision, energy efficiency, speed, stability, and environmental protection in its product development, particularly in large and super-large injection molding machines[46]. - The company’s innovative CellSure® micro-foaming technology allows for a weight reduction of 12%-20% in plastic products while increasing mechanical strength by over two times[79]. Financial Stability and Governance - The company maintains a strong cash position with RMB 500 million in cash reserves, ensuring financial stability for upcoming projects[1]. - The company has no significant litigation or arbitration matters pending, ensuring a stable operational environment[130]. - There were no non-operating fund occupations by major shareholders during the reporting period, indicating strong financial governance[129]. - The company has committed to not engaging in any competitive activities that may conflict with its core business operations for the next 36 months[128]. Risks and Challenges - The board has identified potential risks related to supply chain disruptions, which may impact production timelines[1]. - The company faces risks from downstream industry fluctuations that could negatively impact operational performance due to its reliance on sectors like plastic construction materials and automotive parts[96]. - The company’s export revenue accounts for approximately 30%-40% of total revenue, exposing it to international trade risks, including anti-dumping measures[97]. - The COVID-19 pandemic has had a systemic impact on the company's production and sales, with potential risks of performance decline if the situation worsens[101]. Shareholder and Stock Information - The company has not proposed any profit distribution or capital reserve increase for the half-year period[109]. - The company plans to reduce stock holdings by no more than 20.4 million shares, which is 10% of the total share capital after the IPO, within two years post-lockup period[119]. - The company will ensure compliance with all relevant laws and regulations regarding stock reduction methods, including but not limited to centralized bidding and block trading[119]. - The company has established a commitment to disclose any share reduction intentions three trading days in advance[120].

证券代码：603289 证券简称：泰瑞机器 公告编号：2021-031 泰瑞机器股份有限公司 关于举行 2020 年度网上业绩说明会暨参加浙江辖区 上市公司投资者网上集体接待日活动的公告 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。 泰瑞机器股份有限公司（以下简称"公司"）2020 年年度报告已于 2021 年 4 月 30 日披露，为进一步加强公司与投资者的沟通交流，让广大投资者能进一 步了解公司 2020 年经营情况，使广大投资者能更深入全面的了解公司未来发展 战略，公司将于 2021 年 5 月 13 日（星期四）在"全景·路演天下"网站 （http://rs.p5w.net）举办 2020 年度业绩说明会。同时，公司将参加由浙江上 市公司协会与深圳市全景网络有限公司共同举办的辖区上市公司投资者网上集 体接待日主题活动。本次业绩说明会和投资者网上集体接待日主题活动将采用网 络在线交流方式进行，投资者可以登录"全景·路演天下"网站参与交流。 网上业绩说明会时间为 2021 年 5 月 13 日（星期四）下午 15: ...

Financial Performance - The net profit attributable to ordinary shareholders for 2020 was CNY 86,695,032.83, with a distributable profit of CNY 406,677,169.62 as of December 31, 2020[5]. - The proposed cash dividend for 2020 is CNY 2.00 per 10 shares (including tax), amounting to a total of CNY 59,144,240.00 (including tax) based on the adjusted share count[5]. - The company's operating revenue for 2020 was approximately CNY 873.14 million, representing an increase of 8.67% compared to CNY 803.50 million in 2019[24]. - The net profit attributable to shareholders for 2020 was CNY 86.70 million, a decrease of 24.50% from CNY 114.83 million in 2019[24]. - The net cash flow from operating activities increased by 86.82% to CNY 176.00 million in 2020, compared to CNY 94.21 million in 2019[24]. - The total assets at the end of 2020 were CNY 1.51 billion, up 7.49% from CNY 1.41 billion at the end of 2019[24]. - The basic earnings per share for 2020 were CNY 0.33, down 23.26% from CNY 0.43 in 2019[25]. - The weighted average return on equity for 2020 was 8.33%, a decrease of 3.27 percentage points from 11.60% in 2019[25]. - The overall gross margin was 27.45%, down 3.35 percentage points from the previous year, primarily due to changes in sales structure and increased competition[84]. - The gross profit margin for the main business decreased to 27.44%, down 3.36 percentage points from the previous year[114]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[4]. - The board of directors and management guarantee the authenticity, accuracy, and completeness of the annual report[7]. - There are no non-operating fund occupations by controlling shareholders or related parties[7]. - The company maintained a good integrity status during the reporting period, with no significant debts or court judgments unmet[197]. - The company has not faced any risks of suspension or termination of its listing[196]. - The company has not experienced any significant accounting errors that would require correction[194]. - The company has not made any changes to its accounting policies that would significantly impact its financial reporting[193]. Market and Industry Trends - The company is committed to adhering to the strategic goals outlined in the "Made in China 2025" initiative[14]. - The company emphasizes the importance of intelligent manufacturing and IoT technologies in its future development strategy[14]. - The plastic machinery industry is a key strategic emerging industry supported by national policies, emphasizing the importance of high-end equipment manufacturing[46][47]. - The demand for high-end injection molding technology is increasing due to trends in lightweight, electrification, and automation in the automotive and packaging industries[57]. - The market for plastic molding equipment is expected to continue growing, supported by the increasing demand from downstream industries such as construction, home appliances, and automotive[56]. Product Development and Innovation - The company specializes in the manufacturing and solution services of plastic injection molding machines, contributing to the automation and information upgrade of the plastic processing industry in China[32]. - The main product line includes the Dream series injection molding machines, featuring modular design for customized solutions, enhancing product line diversity[33]. - The NEO series high-end injection molding machines were launched at CHINAPLAS 2021, marking a significant innovation milestone for the company[33]. - The company focuses on independent R&D and collaborates with academic institutions, fostering innovation and a strong research framework[44]. - The company has developed a comprehensive technology system centered on large and medium-sized injection molding machines, small high-speed precision injection molding machines, extrusion molding technology, and various core patents, enhancing its product competitiveness[67]. Strategic Goals and Future Plans - The company plans to continue expanding its market presence and invest in new product development to drive future growth[31]. - The company aims to enhance operational efficiency and explore strategic acquisitions to strengthen its competitive position in the market[31]. - The company aims to double its sales and profits over the next three years, focusing on technological innovation and creating greater value for users[82]. - The company plans to invest in technology innovation and new product development to improve core technology levels and product quality, aiming for sustainable development[156]. - The company plans to increase investment in new technologies and products in the "circular economy" application area to support global sustainable development[102]. Risks and Challenges - The company faces risks from intensified market competition, which could impact its product margins and profitability due to the presence of both domestic and international competitors[159]. - The company is exposed to risks from rising labor costs due to urbanization and aging population trends in China, which may impact profitability if productivity does not increase correspondingly[163]. - The company recognizes the risk of customer base dispersion, which may complicate customer management and increase market development costs[159]. - The company faced risks related to raw material price fluctuations, with direct material costs accounting for approximately 90% of the main business costs[162]. - The company's export business accounts for approximately 30%-40% of its revenue, exposing it to risks from international trade tensions and protectionist measures[160]. Shareholder Commitments and Governance - The controlling shareholder, Taide Ruike, committed not to transfer or entrust the management of shares held before the IPO for 36 months from the listing date[175]. - The company has made irrevocable commitments to avoid engaging in any business activities that may compete with its main business[180]. - The company will ensure that any related party transactions are conducted under fair and reasonable commercial terms[180]. - The company will comply with all legal and regulatory requirements when reducing its shareholdings[176]. - The company will compensate investors for losses incurred due to false records or misleading statements in IPO-related documents[183].

Financial Performance - Operating revenue for the period reached CNY 240,368,929.41, a 90.51% increase compared to the same period last year[5] - Net profit attributable to shareholders was CNY 39,212,456.07, reflecting a 181.81% increase year-over-year[5] - Basic earnings per share rose to CNY 0.15, a 200% increase compared to CNY 0.05 in the same period last year[5] - The company reported a net profit margin improvement, with net profit for Q1 2021 significantly higher than in the previous year, although specific net profit figures were not disclosed[26] - The total profit for Q1 2021 was CNY 45,034,945.49, up from CNY 16,331,196.03 in Q1 2020, marking an increase of 175.0%[27] - The total comprehensive income for Q1 2021 was CNY 36,174,819.29, compared to CNY 13,039,595.99 in Q1 2020, indicating a growth of 177.5%[27] Assets and Liabilities - Total assets increased by 15.58% to CNY 1,746,060,681.34 compared to the end of the previous year[5] - Total assets as of March 31, 2021, amounted to CNY 1,746,060,681.34, up from CNY 1,510,638,667.97 at the end of 2020[17] - Total liabilities as of March 31, 2021, were CNY 498,690,044.48, compared to CNY 483,200,931.18 at the end of 2020, reflecting a slight increase of about 3.1%[22] - Shareholders' equity as of March 31, 2021, was CNY 1,288,522,115.33, up from CNY 1,058,005,748.92 at the end of 2020, indicating an increase of approximately 21.7%[23] Cash Flow - The net cash flow from operating activities was CNY 42,886,589.50, a significant turnaround from a negative CNY 35,521,668.17 in the previous year, marking a 220.73% increase[5] - The cash flow from operating activities for Q1 2021 was CNY 42,886,589.50, a significant improvement compared to a negative cash flow of CNY -35,521,668.17 in Q1 2020[33] - The company reported a net cash flow from investment activities of CNY 35,695,299.72, compared to a negative cash flow of CNY -2,085,815.81 in Q1 2020, indicating a positive turnaround[37] - The net increase in cash and cash equivalents for the quarter was CNY 280,194,538.26, compared to a decrease of CNY 44,238,648.09 in Q1 2020[38] Shareholder Information - The number of shareholders reached 12,303, with the top ten shareholders holding a significant portion of shares[9] - The number of shares outstanding increased to 296,800,000 following the private placement, up from 266,800,000[12] Research and Development - R&D expenses increased by 80.65% to CNY 12,436,937.46, indicating a stronger investment in new technologies and product development[12] - Research and development expenses for Q1 2021 were CNY 12,436,937.46, compared to CNY 6,884,414.74 in Q1 2020, marking an increase of about 80.5%[26] - The company's R&D expenses in Q1 2021 were CNY 10,425,970.85, which is a 88.5% increase from CNY 5,528,095.44 in Q1 2020[29] Operating Costs - Operating costs rose to CNY 165,106,493.50, reflecting an increase of 83.52% due to higher revenue levels[12] - The company recorded operating costs of CNY 178,464,034.68 in Q1 2021, which is a 96.5% increase from CNY 90,822,068.88 in Q1 2020[29] Capital and Financing - The company successfully raised CNY 192,900,000.00 through a private placement of shares, contributing to a total capital increase[13] - The company raised CNY 192,900,000.00 through financing activities, with no cash outflows reported for debt repayment or dividend distribution during the quarter[38] Other Financial Metrics - The weighted average return on equity increased by 2.29 percentage points to 3.63%[5] - Other comprehensive income showed a drastic decline of 376.13%, resulting in a loss of CNY -2,230,039.29, primarily due to foreign currency translation adjustments[12] - The company experienced a foreign exchange impact of CNY 125,169.80 on cash and cash equivalents during the quarter[38]

Financial Performance - Operating revenue for the first nine months rose by 6.29% to CNY 608,790,137.18 compared to the same period last year[6] - Net profit attributable to shareholders decreased by 24.50% to CNY 67,587,826.04 compared to the same period last year[6] - The basic earnings per share decreased by 26.47% to CNY 0.25[6] - Total operating revenue for Q3 2020 reached ¥271,460,817.54, a 67.9% increase compared to ¥161,608,625.56 in Q3 2019[23] - Net profit for Q3 2020 was ¥31,896,234.18, representing a 15.5% increase from ¥27,533,643.25 in Q3 2019[24] - The company reported a total revenue of ¥608,790,137.18 for the first three quarters of 2020, up from ¥572,758,540.98 in the same period of 2019[23] - The total profit for Q3 2020 was CNY 36,525,829.98, up from CNY 30,045,711.07 in Q3 2019, reflecting an increase of 21.8%[28] Cash Flow - Net cash flow from operating activities decreased by 6.49% to CNY 76,097,673.05 compared to the same period last year[6] - The company reported a net cash flow from operating activities of ¥76,097,673.05, a decrease of 6.49% compared to the previous year[12] - The company experienced a net cash outflow from investing activities of CNY 314,305,673.22 in the first three quarters of 2020, compared to a net outflow of CNY 87,458,026.88 in the same period of 2019[30] - The cash and cash equivalents at the end of Q3 2020 were CNY 183,943,877.21, down from CNY 384,671,548.04 at the end of Q3 2019, representing a decrease of 52.1%[31] - The company reported a decrease in cash flow from operating activities, with total cash outflow of CNY 439,612,491.76 in Q3 2020, compared to CNY 423,817,096.52 in Q3 2019[30] Assets and Liabilities - Total assets increased by 4.99% to CNY 1,475,592,468.62 compared to the end of the previous year[6] - Total liabilities increased to CNY 436.17 billion from CNY 376.31 billion, representing a growth of 15.9% year-over-year[18] - The company’s intangible assets increased by 131.97% to ¥73,840,812.26, primarily due to land acquisitions during the reporting period[11] - Current liabilities totaled ¥433,366,798.86, up from ¥373,185,769.23 in the previous year[17] - Cash and cash equivalents decreased by 57.35% to CNY 218,820,746.54 due to investments in financial products and land purchases[10] Shareholder Information - The number of shareholders reached 14,777 at the end of the reporting period[8] - The company plans to issue up to 30 million shares through a private placement, subject to approval from the China Securities Regulatory Commission[12] Government Subsidies and Other Income - Non-operating income for the first nine months totaled CNY 11,829,678.09, with government subsidies contributing CNY 13,246,012.30[7] - Other income rose by 95.46% to ¥13,246,012.30, mainly due to increased government subsidies received[11] Research and Development - R&D expenses for Q3 2020 amounted to ¥11,666,730.72, a 36.5% increase from ¥8,590,116.40 in Q3 2019[23] - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[23] Market Strategy - The company plans to expand its market presence and invest in new product development to drive future growth[22]

Financial Performance - The company's operating revenue for the first half of 2020 was approximately ¥337.33 million, a decrease of 17.95% compared to ¥411.15 million in the same period last year [20]. - The net profit attributable to shareholders for the first half of 2020 was approximately ¥35.69 million, down 42.42% from ¥61.98 million in the previous year [20]. - The basic earnings per share decreased to ¥0.14, a decline of 39.13% compared to ¥0.23 in the same period last year [19]. - The weighted average return on equity was 3.44%, down 2.91 percentage points from 6.35% in the previous year [19]. - The net cash flow from operating activities was negative at approximately -¥24.36 million, a significant decrease from ¥40.06 million in the same period last year, representing a decline of 160.81% [20]. - The total assets at the end of the reporting period were approximately ¥1.37 billion, down 2.78% from ¥1.41 billion at the end of the previous year [20]. - The net assets attributable to shareholders decreased by 1.89% to approximately ¥1.01 billion from ¥1.03 billion at the end of the previous year [20]. - The gross profit margin for the first half of 2020 was 29.55%, a decrease of 2.09 percentage points compared to the same period last year [89]. - The company reported a decrease in short-term borrowings, indicating improved liquidity management [156]. Business Operations - The company operates several subsidiaries, including Tederic Machinery Korea and Tederic Machinery Mexico, enhancing its global presence [9]. - The company employs a combined direct sales and distribution model, with direct sales to end customers and sales through distributors who also provide market promotion and after-sales service [43]. - The production model includes both planned production and order-based production, with a rolling production plan and monthly production plan in place [43]. - The company has a diversified customer base, which, while reducing operational risks, complicates customer management and increases market development costs [104]. - The company has resumed normal operations post-COVID-19, but ongoing pandemic conditions could still pose risks to its performance [104]. Product Development and Innovation - The company specializes in the manufacturing and solution services of plastic injection molding machines, contributing to the automation and information upgrade of the plastic processing industry in China [24]. - The company plans to focus on intelligent manufacturing and IoT technologies as part of its future strategy [18]. - The company is committed to expanding its product line with new models, including the DE-EH standard series and DE-EF high-speed series, to cater to diverse market demands [37]. - The company has developed a rich product series, including four major series: DT, DH, DE, and DD, with various injection mechanisms [59]. - The company has optimized its injection unit design to improve precision and efficiency, suitable for complex automotive parts and large electrical appliance casings [41]. - The company is committed to expanding its product offerings in the recycling sector, particularly in the area of waste plastic recovery and reuse, as part of its circular economy strategy [79]. Market Trends and Strategy - The global plastic processing machinery demand is projected to grow at an annual rate of 5.6%, reaching $37.5 billion by 2021, with a compound annual growth rate of 7.4% expected from 2017 to 2025 [50]. - The Chinese market is currently the largest equipment market globally and is expected to continue leading global demand [50]. - The automotive sector is increasingly utilizing engineering plastics to reduce vehicle weight and costs, with a growing market for plastic components driven by the rise of electric vehicles [56]. - The home appliance industry is a key area for plastic application, with a focus on innovation in plastic processing equipment to meet the evolving demands for lightweight, eco-friendly, and multifunctional products [56]. - The company aims to align its products with Japanese brands, focusing on high cost-performance and quality for various industries including precision medical electronics and high-end automotive appliances [37]. Financial Management and Shareholder Information - The company reported a profit distribution plan for the reporting period, which is not applicable [4]. - The company has not disclosed any significant changes in shareholding or stock structure during the reporting period [7]. - The company plans to gradually reduce shareholdings after the lock-up period, adhering to relevant regulations [114]. - The company will announce any share reduction intentions three trading days in advance [114]. - The company has a stock incentive plan in place, with 1.303 million restricted shares granted at a price of 5.34 CNY per share [126]. - The company plans to issue up to 30 million A-shares in a private placement, pending approval from the China Securities Regulatory Commission [128]. Risk Management - The company has detailed potential risks in the report, which can be found in Section 4 "Discussion and Analysis of Operating Conditions" [5]. - The report includes a risk statement regarding forward-looking statements, indicating that future plans do not constitute a commitment to investors [4]. - The company faces risks related to the volatility of downstream industries, which could negatively impact demand for its products if economic conditions worsen [103]. - The company’s financial performance may be affected by exchange rate fluctuations, as it conducts transactions in foreign currencies such as USD and EUR [107]. - The company has received multiple awards for its innovative products, including the DH1400n multi-component injection machine and the new generation DT series injection machine, showcasing its commitment to technological advancement [58]. Governance and Compliance - The board of directors and senior management guarantee the truthfulness and completeness of the semi-annual report [6]. - The company appointed Tianjian Accounting Firm as the auditor for the 2020 fiscal year, continuing from the previous year [124]. - The integrity status of the company and its major stakeholders remains good, with no significant debts or court judgments unmet during the reporting period [124]. - The company has a lock-up period of 36 months for shares held by major shareholders, preventing transfer or management by third parties [145]. - The report indicates that there are no changes in the controlling shareholder or actual controller [147].

证券代码：603289 证券简称：泰瑞机器 公告编号：2020-038 泰瑞机器股份有限公司 关于参加浙江辖区上市公司投资者 网上集体接待日活动的公告 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。 为进一步加强与投资者的沟通交流，泰瑞机器股份有限公司（以下简称"公 司"）将参加由中国证券监督管理委员会浙江监管局指导、浙江上市公司协会与 深圳市全景网络有限公司共同举办的"凝心聚力 共克时艰"辖区上市公司投资 者网上集体接待日活动（以下简称"本次活动"）现将有关事项公告如下： 本次活动将通过深圳市全景网络有限公司提供的网上平台，采取网络远程方 式举行。投资者可登录"全景·路演天下"网站(http://rs.p5w.net）参与本次 投资者网上接待日活动，活动时间为 2020 年 5 月 15 日（星期五）下午 15:00 至 17:00。届时公司将通过网络在线交流形式与投资者就公司治理、发展战略、 经营状况、可持续发展等投资者关心的问题进行沟通。 投资者可以在 2020 年 5 月 14 日下午 5:00 前将需要了解的情 ...

Financial Performance - Net profit attributable to shareholders decreased by 44.90% to CNY 13,914,267.47 year-on-year[6] - Operating revenue fell by 30.11% to CNY 126,172,597.73 compared to the same period last year[6] - The company did not anticipate significant changes in net profit compared to the previous year, indicating stability in financial performance despite external challenges[13] - Net profit for Q1 2020 was ¥15,641,786.02, representing a decline of 26.7% from ¥21,288,073.91 in Q1 2019[26] - The company recorded a comprehensive income total of ¥13,039,595.99 for Q1 2020, down from ¥25,240,641.08 in Q1 2019[24] Cash Flow - Net cash flow from operating activities was negative at CNY -35,521,668.17, a decrease of 223.81% year-on-year[6] - Cash flow from operating activities showed a net outflow of ¥35,521,668.17 in Q1 2020, compared to a net inflow of ¥28,689,754.93 in Q1 2019[28] - The company reported a decrease in cash flow from operating activities, with total cash outflow of ¥138,661,850.48 in Q1 2020, down from ¥152,074,761.49 in Q1 2019[28] - The cash flow from operating activities was impacted by a significant decrease in cash received from sales, which fell to $88.24 million from $169.00 million year-over-year[30] Assets and Liabilities - Total assets increased by 0.48% to CNY 1,412,212,799.81 compared to the end of the previous year[6] - Total liabilities decreased to CNY 369,821,459.45 from CNY 376,308,400.28, showing a reduction in financial obligations[16] - Cash and cash equivalents decreased to CNY 467,754,200.65 from CNY 513,059,189.57, reflecting a decline in liquidity[14] - Accounts receivable increased to CNY 305,812,665.64 from CNY 287,797,187.10, indicating a rise in outstanding payments[14] Shareholder Information - The number of shareholders reached 13,446, with the top ten shareholders holding 80.55% of the shares[9] Operational Metrics - The weighted average return on equity decreased by 1.25 percentage points to 1.34%[6] - The company experienced a 31.82% decrease in accounts payable to CNY 84,124,200.46, attributed to the settlement of bank acceptance bills[12] - The company reported a significant reduction in employee compensation payable, down 43.91% to CNY 7,586,928.87 from CNY 13,525,531.35[15] Revenue and Expenses - Other income increased by 156.32% to CNY 2,398,872.75, primarily due to increased government subsidies[13] - Financial expenses showed a significant decrease of 321.16%, resulting in a net financial income of -CNY 4,554,185.15, attributed to foreign exchange gains[13] - Total operating costs for Q1 2020 were ¥111,326,099.92, down 28.1% from ¥154,838,388.99 in Q1 2019[23] - Research and development expenses for Q1 2020 were ¥6,884,414.74, down 18.7% from ¥8,474,179.81 in Q1 2019[23] Investment Activities - Total cash inflow from investment activities was ¥0.00 in Q1 2020, compared to ¥60,497,130.42 in Q1 2019[28] - The net cash flow from investing activities was -$2.09 million in Q1 2020, compared to -$63.98 million in Q1 2019, indicating an improvement[31] - The company did not report any cash inflow from financing activities in Q1 2020, compared to $1.54 million in Q1 2019[31]