证券代码：603337 证券简称：杰克股份 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。 □是 √否 2023 年第一季度报告 | --- | --- | --- | --- | |--------------------------------------|---------------|-------|-------| | | | | | | 受托经营取得的托管费收入 | | | | | 除上述各项之外的其他营业外收入和支出 | 428,562.71 | | | | 其他符合非经常性损益定义的损益项目 | 9,464,881.46 | | | | 减：所得税影响额 | 1,932,398.44 | | | | 少数股东权益影响额（税后） | 24,674.80 | | | | 合计 | 10,576,190.17 | | | 2023 年第一季度报告 4 / 13 5 / 13 四、 季度财务报表 2023 年第一季度报告 7 / 13 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 ...

Financial Performance - The company's operating revenue for 2022 was CNY 550,166.13 million, a decrease of 9.12% compared to CNY 605,360.09 million in 2021[30]. - The net profit attributable to shareholders of the listed company was CNY 49,361.58 million, an increase of 5.84% from CNY 46,638.46 million in the previous year[30]. - The net profit after deducting non-recurring gains and losses was CNY 43,698.04 million, slightly up by 0.18% from CNY 43,618.05 million in 2021[30]. - The net cash flow from operating activities was CNY 88,445.21 million, a significant recovery from a negative CNY 19,792.72 million in 2021[30]. - Basic earnings per share for 2022 were 1.08 yuan, a 2.86% increase compared to 1.05 yuan in 2021[55]. - The weighted average return on net assets decreased by 1.60 percentage points to 13.54% in 2022 from 15.14% in 2021[55]. - The company reported a decrease of 2.04% in basic earnings per share after deducting non-recurring gains and losses, from 0.98 yuan in 2021 to 0.96 yuan in 2022[55]. - Operating cash flow improved significantly from -198 million yuan to 884 million yuan, indicating enhanced operational quality[62]. Assets and Investments - The company's total assets at the end of 2022 were CNY 855,498.81 million, reflecting a 10.58% increase from CNY 773,671.94 million in 2021[30]. - The net assets attributable to shareholders of the listed company increased by 31.43% to CNY 429,050.25 million from CNY 326,438.68 million in 2021[30]. - The total amount of guarantees provided to subsidiaries during the reporting period was CNY 42,297.30 million[145]. - The total amount of guarantees at the end of the reporting period was CNY 29,297.30 million[145]. - The total guarantee amount, including guarantees to subsidiaries, was CNY 29,327.48 million, accounting for 6.84% of the company's net assets[145]. Research and Development - In 2022, the company invested 390 million in R&D, and by the end of 2022, it held 2,601 valid patents[40]. - The company is enhancing its R&D investment and advancing the construction of a large R&D platform[62]. - The company is focusing on joint innovation in R&D to effectively meet user demands and has seen preliminary success in this area[40]. - The company has initiated a comprehensive R&D platform construction to unify pre-research organizations and build a mechatronics integration organization[40]. Market and Sales Performance - The company reported a quarterly revenue breakdown for 2022, with Q1 at CNY 182,089.25 million and Q4 at CNY 110,716.88 million[33]. - The company’s overseas business grew by 28.87% year-on-year, focusing on key markets[63]. - Major customer sales performance increased by 113% year-on-year, driven by the development of key model factories[63]. - The domestic market for industrial sewing equipment saw a decline of 36.1% in sales volume, totaling approximately 230,000 units[67]. - The total production of industrial sewing machines in the industry was estimated at around 6.3 million units, a year-on-year decrease of about 37%[66]. Digital Transformation and Innovation - The company is advancing digital transformation in manufacturing and aims to achieve end-to-end digital integration with suppliers and customers[42]. - The company is implementing a digital transformation in manufacturing systems, focusing on automation and flexible production capabilities[84]. - The company aims to enhance sewing efficiency through research and practice, and has restarted the design of IoT sewing machines, completing the design and development of IoT 2.0[40]. Financial Management - The company has a total of 3 billion in entrusted financial management with an annualized return rate of 3.7% and an actual return of 44.33 million[150]. - The company has a total of 55,018.05 million RMB in financial products, with a remaining balance of 5,044.00 million RMB[178]. - The company has no overdue amounts in its financial products, indicating effective management of its investments[178]. - The company is focused on investing in fixed income assets and financial derivatives approved by regulatory authorities[180]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 7,830[199]. - The number of ordinary shareholders decreased from 8,113 at the end of the previous month to 7,830[199]. - The company issued 36,630,036 new shares approved by the China Securities Regulatory Commission[193]. - The total number of shares increased to 40,930,621 after the issuance[197]. - The company has no preferred shareholders with restored voting rights as of the reporting period end[199]. Corporate Governance and Compliance - The company does not have any significant violations or penalties related to its daily operations[138]. - The company has not identified any changes or progress in previously disclosed related party transactions[141]. - The company confirmed related party transactions for 2021 and estimated the amount for 2022[138].

证券代码：603337 证券简称：杰克股份 公告编号：2023-012 杰克科技股份有限公司 关于召开 2022 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、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2023 年 04 月 14 日(星期五) 上午 10:00-11:30 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2023 年 04 月 07 日(星期五) 至 04 月 13 日(星期四)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 IR@chinajack.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。 杰克科技股份有限公司（以下简称"公司"）将于 2023 年 04 月 12 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了解公司 2022 年度经营 成果、财务状况，公司 ...

Financial Performance - The company's revenue for Q3 2022 was ¥1,282,749,188.70, representing a year-over-year increase of 1.31%[6] - Net profit attributable to shareholders for Q3 2022 was ¥112,280,330.10, an increase of 41.13% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥94,066,323.29, reflecting a 27.38% increase year-over-year[6] - Basic earnings per share for Q3 2022 was ¥0.24, up 33.33% from the previous year[9] - Total operating revenue for Q3 2022 was CNY 4,394,492,533.92, a decrease of 5.2% compared to CNY 4,634,641,673.86 in Q3 2021[28] - Net profit for Q3 2022 reached CNY 435,766,734.07, an increase of 26.3% from CNY 345,084,860.68 in Q3 2021[32] - The total comprehensive income attributable to the parent company was CNY 423,562,633.82, an increase from CNY 333,834,609.76 in the same period last year, representing a growth of approximately 26.9%[34] - Basic earnings per share increased to CNY 0.94 from CNY 0.76, reflecting a growth of 23.7% year-over-year[34] Cash Flow and Liquidity - The net cash flow from operating activities for Q3 2022 was ¥408,389,865.74, with no applicable year-over-year comparison[9] - Net cash flow from operating activities was CNY 217,622,390.07, a significant improvement compared to a negative cash flow of CNY -155,846,322.22 in the previous year[36] - Cash inflow from operating activities totaled CNY 5,149,854,267.39, while cash outflow was CNY 4,932,231,877.32, resulting in a net inflow of CNY 217,622,390.07[36] - Cash and cash equivalents at the end of the period reached CNY 1,732,147,350.87, up from CNY 329,207,599.39, indicating a substantial increase[39] - The company reported a decrease in cash received from sales of goods and services, totaling CNY 4,645,710,279.78, down from CNY 5,112,728,999.78, a decline of approximately 9.1%[36] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥8,550,200,505.05, a 10.51% increase from the end of the previous year[9] - Total current assets as of September 30, 2022, amounted to ¥5,097,245,305.01, an increase from ¥4,528,274,157.36 in the previous year[20] - Non-current assets totaled ¥3,452,955,200.04, compared to ¥3,208,445,223.44 in the previous year, marking an increase of about 7.6%[24] - The company's total liabilities amounted to CNY 4,207,888,682.79, a decrease from CNY 4,378,661,480.91 in the previous year[28] - The company’s total assets increased to CNY 8,550,200,505.05 from CNY 7,736,719,380.80, reflecting a growth of 10.5%[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,042, with the largest shareholder holding 39.09% of the shares[16] - The company has a strong shareholder base, with the top ten shareholders holding a combined total of 63.81% of the shares[16] - Shareholders' equity attributable to the parent company reached ¥4,232,579,145.28, marking a 29.66% increase year-over-year[9] - The total equity attributable to shareholders increased to CNY 4,232,579,145.28 from CNY 3,264,386,816.86, representing a growth of 29.7%[28] Operational Efficiency - The increase in net profit was primarily attributed to fluctuations in the RMB/USD exchange rate and an improvement in gross profit margin[12] - Total operating costs for Q3 2022 were CNY 3,956,934,830.93, down from CNY 4,252,458,370.85 in Q3 2021, reflecting a reduction of 6.9%[28] - Research and development expenses for Q3 2022 were CNY 288,984,319.66, compared to CNY 253,162,006.68 in Q3 2021, indicating an increase of 14.2%[32] - The company reported a decrease in accounts payable to CNY 509,376,922.72 from CNY 1,699,494,291.43, a significant reduction of 70.0%[28] Investment and Financing Activities - Investment activities resulted in a net cash outflow of CNY -810,780,533.90, compared to a smaller outflow of CNY -469,303,652.70 in the previous year[36] - Financing activities generated a net cash inflow of CNY 1,590,092,893.30, a significant increase from CNY 259,256,397.01 in the same period last year[39] - The company received CNY 2,660,472,092.75 from borrowings, which is a notable increase compared to CNY 1,350,448,616.74 in the previous year[36] - The total cash inflow from financing activities was CNY 3,406,805,484.59, compared to CNY 1,352,998,616.74 in the previous year, indicating a strong growth in financing[36]

Financial Performance - The company reported a semi-annual revenue of 1.2 billion RMB, representing a 15% increase compared to the same period last year[17]. - The company expects a revenue growth forecast of 10% for the second half of 2022, driven by new product launches and market expansion strategies[17]. - The company's operating revenue for the first half of 2022 was CNY 311,174.33 million, a decrease of 7.62% compared to the same period last year[21]. - Net profit attributable to shareholders was CNY 31,159.65 million, representing an increase of 21.26% year-on-year[21]. - The net cash flow from operating activities was negative at CNY -19,076.75 million, a significant decline of 255.31% compared to the previous year[21]. - The company's total assets increased by 3.59% to CNY 801,434.11 million compared to the end of the previous year[21]. - The basic earnings per share rose to CNY 0.70, an increase of 18.64% from the same period last year[21]. - The weighted average return on net assets increased by 0.99 percentage points to 9.40% compared to the previous year[21]. - The company reported a total comprehensive income of CNY 312,619,523.28 for the first half of 2022, compared to CNY 264,805,747.66 in the same period of 2021[162]. - The company reported a significant increase in cash inflow from other operating activities, totaling CNY 76,401,373.87, compared to CNY 62,415,549.95 in the previous year[168]. Research and Development - Research and development expenses increased by 25%, totaling 150 million RMB, focusing on new technology innovations[17]. - The company is focused on the research and development of industrial sewing machines and related equipment, including automatic sewing devices for shirts and jeans[27]. - The company has established R&D bases in multiple locations, including Germany, Italy, and various cities in China, to enhance its technological research and development capabilities[48]. - Research and development expenses increased to CNY 183,824,040.51, up from CNY 153,550,845.94, indicating a growth of 19.7%[158]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[17]. - The company is advancing digital and systematic management to empower the transformation and upgrading of the industrial chain[65]. - The company plans to deepen channel construction and enhance value marketing, focusing on expanding mid-to-high-end business[61]. - The company has implemented a combination of distribution and direct sales models, primarily relying on distributors[83]. Financial Integrity and Compliance - No significant non-operational fund occupation by controlling shareholders was reported, ensuring financial integrity[6]. - The financial report has been declared accurate and complete by the company's management, ensuring transparency[4]. - The company confirmed that there were no major violations or penalties against its directors, supervisors, senior management, or controlling shareholders during the reporting period[121]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period, ensuring financial integrity[120]. Environmental Responsibility - The company was recognized as a provincial-level green factory in 2020 and is listed as a key pollutant discharge unit in Taizhou[98]. - The company has established multiple pollution prevention facilities, including wastewater treatment and hazardous waste storage facilities at both plants[100]. - The company has implemented an emergency response plan for environmental incidents, which has been filed with the environmental protection bureau[105]. - The company conducts regular drills based on the emergency response plan to ensure timely responses to environmental pollution incidents[105]. Shareholder Information - The total number of shares issued by the company is 449,508,520.00 as of June 30, 2022[188]. - The company has a registered capital of RMB 449,508,520.00, reflecting its financial stability and growth potential[188]. - The total number of ordinary shareholders reached 8,776 by the end of the reporting period[136]. - The company’s employee stock ownership plan includes 4,397,901 shares held by Shaanxi International Trust Co., Ltd.[140]. Risks and Challenges - The report highlights potential risks associated with market fluctuations and operational challenges, urging investors to remain cautious[6]. - The decline in operating revenue is primarily due to external factors such as the Russia-Ukraine conflict and global inflation[68]. - The company faced significant risks, including market competition, with 55.26% of its main business revenue coming from exports in the first half of 2022[84]. - The company has faced challenges due to rising raw material costs, which could impact profitability[85]. Legal and Regulatory Matters - There were no significant lawsuits or arbitration matters reported during the reporting period, indicating a stable legal standing for the company[121]. - The company has committed to fulfilling its obligations regarding compensation measures for diluted immediate returns, with penalties applicable for non-compliance as per regulations from the China Securities Regulatory Commission[120]. Operational Efficiency - The company has advanced automated production lines and a digital assembly line, enhancing production efficiency and product quality through smart manufacturing[55]. - The company has implemented a comprehensive quality management system across the entire process from R&D to production and sales, ensuring product quality and customer satisfaction[50]. - The company has established a stable supply network for its main raw materials, ensuring sufficient supply for production[29].

Financial Performance - The company's revenue for Q1 2022 was ¥1,820,892,497.69, representing a year-on-year increase of 3.91%[6] - Net profit attributable to shareholders was ¥190,528,301.79, reflecting a significant increase of 37.43% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥187,261,528.03, up by 38.65% year-on-year[6] - The basic earnings per share (EPS) was ¥0.43, which is an increase of 38.71% compared to the previous year[6] - Operating profit for Q1 2022 was ¥211,899,999.12, up from ¥165,926,055.60 in Q1 2021, reflecting a growth of 27.7%[25] - Total comprehensive income for the first quarter of 2022 was CNY 196,421,866.39, an increase from CNY 138,831,786.49 in the same period of 2021, representing a growth of approximately 41.5%[26] - Basic and diluted earnings per share for the first quarter of 2022 were both CNY 0.43, up from CNY 0.31 in the first quarter of 2021, reflecting a year-over-year increase of 38.7%[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,850,256,353.82, a 1.47% increase from the end of the previous year[8] - Total assets as of the end of Q1 2022 amounted to ¥7,850,256,353.82, up from ¥7,736,719,380.80 at the end of Q1 2021[21] - Total liabilities decreased to ¥4,291,622,041.56 from ¥4,378,661,480.91 year-on-year, indicating a reduction of 2.0%[21] - Non-current assets total ¥3,257,942,446.53, up from ¥3,208,445,223.44 at the end of 2021[19] - The company reported a total current asset of ¥4,592,313,907.29, slightly up from ¥4,528,274,157.36 year-over-year[19] Cash Flow - Cash flow from operating activities showed a net outflow of ¥339,813,864.35, a decrease of 281.59% year-on-year[6] - Cash inflow from operating activities totaled CNY 1,775,348,680.82 in Q1 2022, compared to CNY 1,552,666,589.15 in Q1 2021, marking an increase of about 14.4%[28] - Net cash flow from operating activities was negative CNY 339,813,864.35 in Q1 2022, a decline from a positive CNY 187,133,706.26 in Q1 2021[29] - Cash inflow from financing activities in Q1 2022 was CNY 1,288,076,800.00, significantly higher than CNY 128,198,970.00 in Q1 2021, representing an increase of over 900%[29] - Cash outflow from investing activities was CNY 368,894,716.06 in Q1 2022, compared to CNY 427,354,980.85 in Q1 2021, showing a decrease of about 13.7%[29] - The net increase in cash and cash equivalents for Q1 2022 was CNY 213,999,602.76, compared to CNY 29,542,320.44 in Q1 2021, indicating a significant improvement[30] Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,126[13] - The largest shareholder, Taizhou Jack Trading Co., Ltd., holds 190,031,519 shares, accounting for 42.62% of total shares[13] - The company has a significant shareholder relationship with Lake Village Limited, which holds 83,157,500 shares, representing 18.65%[15] - The company has no pledged, marked, or frozen shares among its top shareholders[13] Research and Development - Research and development expenses increased by 41.80%, indicating a greater investment in innovation[10] - Research and development expenses increased to ¥94,454,770.76 in Q1 2022, up from ¥66,612,061.82 in Q1 2021, marking a significant rise of 41.8%[25] Operational Insights - The net profit increase was primarily driven by product price adjustments leading to improved gross margins[10] - The report indicates no significant changes in the company's operational strategies or new product developments during the reporting period[16]

Financial Performance - In 2021, the company's operating revenue reached RMB 605,360.09 million, a 71.91% increase compared to RMB 352,141.65 million in 2020[19]. - The net profit attributable to shareholders was RMB 46,638.46 million, reflecting a 48.67% increase from RMB 31,370.36 million in 2020[19]. - The net profit after deducting non-recurring gains and losses was RMB 43,618.05 million, a significant increase of 156.33% compared to RMB 17,016.59 million in 2020[19]. - The company's total assets increased by 51.77% to RMB 773,671.94 million at the end of 2021, up from RMB 509,752.29 million at the end of 2020[19]. - The basic earnings per share rose to RMB 1.05, a 47.89% increase from RMB 0.71 in 2020[19]. - The company achieved a total revenue of 37.197 billion yuan, marking a year-on-year growth of 46.03%[41]. - The company reported a significant focus on expanding its market presence and enhancing product offerings through new technology development[156]. Dividend Distribution - The company plans to distribute a cash dividend of 3.20 RMB per 10 shares, totaling approximately 142.68 million RMB (including tax) based on a total share capital of 445,868,520 shares as of December 31, 2021[3]. - The board of directors has approved the profit distribution plan, which is subject to the approval of the 2021 annual general meeting[3]. - The company has established a three-year shareholder dividend return plan (2020-2022), ensuring that cash dividends will account for at least 20% of distributable profits in the future[183]. - The company is committed to maintaining a stable and transparent profit distribution policy, considering both long-term and short-term interests of shareholders[180]. Audit and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[4]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[4]. - The company has established a robust internal control system that meets the requirements of regulatory authorities, enhancing decision-making efficiency and ensuring compliance and asset safety[194]. - The company has not reported any significant deficiencies in its internal control system during the reporting period[195]. - The company has received a standard unqualified opinion in its internal control audit report for the year 2021[196]. Research and Development - The company launched 25 new sewing machine models and several new cutting machines, enhancing its product line significantly[30]. - The company established a comprehensive R&D platform to improve product quality and efficiency, integrating various technologies into its offerings[30]. - Research and development expenses rose to 384,501.42 million yuan, marking an increase of 86.03% year-on-year[75]. - The company added 1,384 R&D personnel, which constitutes 15.51% of the total workforce, indicating a strong focus on innovation[96]. - The company is investing in research and development to strengthen its technological capabilities, particularly in IoT, automation, and robotics[130]. Market Expansion and Sales - Domestic sales increased by 106.89% year-on-year, while overseas sales grew by 40.39%[31]. - The company completed an annual production of 3.09 million units, enhancing production capacity while maintaining quality[32]. - The export value of sewing machinery products reached 3.145 billion USD, a year-on-year increase of 33.12%[39]. - The company is focusing on expanding channels and enhancing store efficiency, establishing a service center in Hangzhou to improve service skills[31]. - The company is exploring overseas markets by establishing model points for large clients to penetrate the mid-to-high-end market[132]. Environmental Responsibility - The company reported a total wastewater discharge of 28,318.5 tons in 2021, with specific pollutant concentrations including an average chemical oxygen demand of 62.037 mg/L[198]. - The company has been recognized as a key pollutant discharge unit, focusing on clean production and sustainable development[198]. - The company adheres to the "Comprehensive Wastewater Discharge Standards" GB8978-1996, with COD standards set at ≤500 mg/L and ammonia nitrogen at ≤35 mg/L[199]. Corporate Governance - The board of directors consists of 9 members, including 3 independent directors, responsible for decision-making and reporting to the shareholders[146]. - The supervisory board consists of 3 members, ensuring oversight of the company's financial status and management performance[146]. - The company has a well-defined shareholder meeting system, with the shareholders' meeting being the highest authority[146]. - The company has implemented measures to maintain the independence of its assets, personnel, and operations, with no significant issues reported[147]. Employee Development - The company emphasizes talent development and has established a multi-channel career development system for its employees[68]. - The company has launched an online platform in 2021 to enhance professional knowledge and skills[178]. - Internal training programs have been implemented to strengthen organizational capabilities, including various specialized training classes for management and technical staff[176]. - The company’s compensation policy is linked to performance, with a structure that includes base salary, overtime pay, benefits, and performance bonuses[174].

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,266,215,950.25, representing a year-on-year increase of 38.07%[5] - The net profit attributable to shareholders for Q3 2021 was ¥79,558,125.62, a decrease of 48.60% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥73,844,588.56, down 9.84% year-on-year[7] - The basic earnings per share for Q3 2021 was ¥0.18, a decrease of 48.57% compared to the previous year[7] - The company's net profit for the first three quarters of 2021 is not explicitly stated, but the increase in revenue and assets suggests a positive financial performance[20] - The net profit for Q3 2021 was CNY 345,084,860.68, an increase of 43% compared to CNY 241,499,513.82 in Q3 2020[22] - The total comprehensive income for Q3 2021 was CNY 341,644,173.33, compared to CNY 241,244,566.24 in Q3 2020, showing a growth of 42%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,790,417,189.76, an increase of 33.21% from the end of the previous year[7] - Total assets as of the end of Q3 2021 amounted to CNY 6,790,417,189.76, compared to CNY 5,097,522,892.24 at the end of Q3 2020, reflecting a growth of about 33.2%[19] - Total liabilities increased to CNY 3,558,795,563.05 in Q3 2021 from CNY 2,100,194,733.42 in Q3 2020, marking an increase of approximately 69.5%[20] - Current assets totaled CNY 3,799,615,293.40 in Q3 2021, up from CNY 2,762,309,788.75 in Q3 2020, indicating a growth of around 37.5%[18] - The total liabilities of the company were not specified but included significant short-term borrowings of 302,911,028.29 RMB[30] - The company’s long-term borrowings stood at 93,216,684.50 RMB, indicating a stable long-term financing structure[30] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥155,846,322.22, reflecting a decrease of 120.23% year-on-year[7] - The net cash flow from operating activities decreased by 120.23%, attributed to increased accounts receivable and inventory due to higher sales[13] - The cash flow from operating activities for the first nine months of 2021 was negative at CNY -155,846,322.22, contrasting with a positive cash flow of CNY 770,469,289.56 in the same period of 2020[25] - The net cash flow from investment activities was -469,303,652.70 RMB, compared to -187,659,115.46 RMB in the previous year, indicating a significant increase in cash outflow[27] - The net cash flow from financing activities was 259,256,397.01 RMB, a turnaround from -112,270,646.08 RMB in the previous year, reflecting improved financing conditions[27] Expenses and Investments - Operating costs rose by 88.39%, primarily driven by rapid revenue growth and rising commodity prices[13] - R&D expenses surged by 80.35% as the company invested in developing integrated smart solutions[13] - Research and development expenses for Q3 2021 were CNY 253,162,006.68, significantly higher than CNY 140,372,415.92 in Q3 2020, indicating a focus on innovation[22] - The company has invested in new technologies and product development, although specific details were not provided in the financial summary[20] - The company reported a significant increase in sales expenses, totaling CNY 184,614,981.98 in Q3 2021, compared to CNY 145,131,265.34 in Q3 2020[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,541, with the largest shareholder holding 42.62%[15] - The total equity attributable to shareholders reached CNY 3,149,469,932.60 in Q3 2021, compared to CNY 2,924,637,656.15 in Q3 2020, reflecting an increase of about 7.7%[20] - Total equity attributable to shareholders is $2,924,637,656.15[31] Market Strategy - The company plans to leverage product and brand advantages to capture opportunities in overseas order recovery for future growth[11] - The company is actively expanding its market presence through acquisitions, including the recent acquisition of Italian companies VBM, FINVER, and VINCO[13] Other Financial Metrics - The company reported a 44.09% increase in taxes and surcharges, correlating with the rise in operating income[13] - The company’s investment income rose by 37.84%, mainly from increased foreign exchange forward settlement gains[13] - The company’s other comprehensive income decreased by 57.75%, primarily due to reduced foreign currency translation differences[13] - The financial expenses for Q3 2021 were CNY 10,498,762.16, a decrease from CNY 14,424,458.54 in Q3 2020, indicating improved financial management[22] - The investment income for Q3 2021 was CNY 20,444,886.90, up from CNY 14,832,764.52 in Q3 2020, reflecting better investment performance[22]

Financial Performance - The company's operating revenue for the first half of 2021 reached RMB 336,842.57 million, a 105.20% increase compared to RMB 164,150.92 million in the same period last year[23]. - The net profit attributable to shareholders of the listed company was RMB 25,697.07 million, representing a 206.87% increase from RMB 8,374.04 million year-on-year[23]. - The net profit after deducting non-recurring gains and losses was RMB 24,583.84 million, up 152.39% from RMB 9,740.60 million in the previous year[23]. - Basic earnings per share for the first half of 2021 were RMB 0.59, a 210.53% increase from RMB 0.19 in the same period last year[24]. - The diluted earnings per share were RMB 0.58, up 205.26% from RMB 0.19 year-on-year[24]. - The weighted average return on net assets increased by 5.30 percentage points to 8.41% from 3.11% in the previous year[24]. - The company reported a total revenue of RMB 11,210 million for the first half of 2021, with actual sales amounting to RMB 4,816.97 million[150]. - The company achieved sales of sewing machines and parts amounting to RMB 5,400 million in 2021, with actual sales for the first half reaching RMB 2,539.89 million[150]. - The total profit for the first half of 2021 was ¥295,298,324.75, compared to ¥104,296,218.79 in the same period of 2020, representing an increase of about 183.5%[197]. Cash Flow and Assets - The net cash flow from operating activities was RMB 12,283.04 million, a decrease of 60.90% compared to RMB 31,415.48 million in the same period last year[23]. - Cash and cash equivalents decreased by 56.76% to ¥309,230,740.82, accounting for 5.13% of total assets[87]. - Accounts receivable increased by 110.49% to ¥974,236,124.14, representing 16.17% of total assets[87]. - Inventory rose by 32.37% to ¥1,317,034,020.88, making up 21.86% of total assets[87]. - The company's total assets amounted to ¥4,879,253,610.08, compared to ¥4,349,576,368.80 at the end of 2020, reflecting an increase of about 12.1%[190]. - The total liabilities of the company reached RMB 2,880,131,788.04, up from RMB 2,100,194,733.42, which is an increase of about 37.1%[183]. Industry Performance - The company accounted for 18.83% of the total sales revenue of 236 regulated enterprises in the sewing machinery industry[50]. - The sewing machinery industry saw a total operating revenue of 17.884 billion yuan in the first half of 2021, reflecting a year-on-year growth of 55.64%[47]. - The company’s sales of sewing machinery reached 4.3508 million units, a year-on-year increase of 79.66%[49]. - The export value of sewing machinery products in the first half of 2021 was 1.499 billion USD, up 60.41% year-on-year[49]. Research and Development - As of June 30, 2021, the company held a total of 2,092 valid patents, including 848 invention patents, 1,039 utility model patents, and 205 design patents[57]. - The company has established R&D bases in multiple locations, including Germany, Italy, and various cities in China, enhancing its technological research and development capabilities[57]. - R&D expenses increased by 69.98% to approximately CNY 153.55 million, driven by the expansion of R&D projects and personnel[79][82]. - The company established a large R&D management platform to enhance product competitiveness and innovation capabilities[73]. Environmental Responsibility - The company was recognized as a provincial-level green factory in 2020, emphasizing its commitment to environmental protection and sustainable development[119]. - The company has established multiple pollution control facilities across its plants to ensure compliance with environmental standards[122]. - The company conducts regular environmental monitoring, including real-time updates on COD, ammonia nitrogen, and pH levels in wastewater[125]. - The company reported no administrative penalties due to environmental issues during the reporting period[130]. Risks and Challenges - The company has outlined potential risks related to its business operations in the report, advising investors to be cautious[8]. - The company is facing risks from raw material price fluctuations, which could impact profitability due to market conditions[103]. - The company is exposed to exchange rate risks, particularly with USD and EUR fluctuations affecting its overseas operations[102]. - The sewing machinery industry is highly competitive and cyclical, requiring careful management of procurement, production, and sales[99]. Corporate Governance - The company has experienced management changes, with the resignation of the vice chairman and the election of a new board member[112]. - The company has not proposed any profit distribution or capital reserve increase for the first half of 2021, indicating a focus on reinvestment[113]. - The company’s controlling shareholders have pledged not to interfere with the company's management activities and to protect the company's interests[145]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,349[172]. - The largest shareholder, Taizhou Jack Trading Co., Ltd., held 190,031,519 shares, accounting for 42.62% of total shares[172]. - The top ten shareholders collectively held a significant portion of the company's shares, with the top four alone accounting for over 68%[172].

Financial Performance - Operating revenue for the first quarter reached CNY 1,752,329,145.43, a significant increase of 78.88% year-on-year[18] - Net profit attributable to shareholders surged by 189.47% to CNY 138,636,616.31 compared to the same period last year[18] - Basic earnings per share rose to CNY 0.31, up 181.82% from CNY 0.11 in the same quarter last year[18] - Net profit for Q1 2021 was ¥140,993,574.42, representing a 177.5% increase from ¥50,780,682.33 in Q1 2020[49] - Total operating revenue for Q1 2021 reached ¥1,752,329,145.43, a significant increase of 78.8% compared to ¥979,605,035.37 in Q1 2020[47] - Total revenue for Q1 2021 reached ¥1,608,184,025.06, a significant increase of 88.0% compared to ¥854,784,921.47 in Q1 2020[50] Cash Flow - The net cash flow from operating activities was CNY 187,133,706.26, a recovery from a negative cash flow of CNY -19,841,548.66 in the previous year[18] - Cash inflow from operating activities reached CNY 1,365,127,539.73, a significant increase from CNY 574,428,139.89 in the previous year, representing an increase of approximately 137.5%[58] - Net cash flow from operating activities was CNY 216,228,345.89, compared to CNY 124,388,484.85 in the same quarter last year, indicating a growth of about 73.8%[59] - The ending cash and cash equivalents balance was CNY 728,896,262.73, compared to CNY 395,913,236.96 at the end of the previous year, showing an increase of about 84.2%[58] - Cash inflow from the sale of goods and services of CNY 1,291,049,836.02, significantly higher than CNY 542,879,374.92 in the same quarter last year, marking an increase of approximately 137.8%[58] Assets and Liabilities - Total assets increased by 12.19% to CNY 5,718,874,824.37 compared to the end of the previous year[18] - Total liabilities reached ¥2,579,039,412.10, up from ¥2,100,194,733.42, marking an increase of 23%[40] - The total liabilities increased, with accounts payable rising to CNY 1,293,239,193.05, a 35.31% increase from CNY 955,786,323.93[24] - Current liabilities rose to ¥2,361,828,237.91, compared to ¥1,878,975,672.15, reflecting a growth of 25.6%[40] - Accounts receivable surged to ¥790,843,605.41, a significant increase of 115.5% from ¥367,307,170.60[43] Research and Development - R&D expenses increased by 43.20% to CNY 66,612,061.82 in Q1 2021, up from CNY 46,518,099.25 in Q1 2020[28] - The company's R&D expenses in Q1 2021 amounted to ¥66,612,061.82, an increase of 43.2% compared to ¥46,518,099.25 in Q1 2020[47] - Research and development expenses increased to ¥44,680,912.95 in Q1 2021, up from ¥31,525,996.46 in Q1 2020, reflecting a focus on innovation[50] Shareholder Information - The number of shareholders at the end of the reporting period was 9,606[22] - The largest shareholder, Taizhou Jack Trading Co., Ltd., holds 42.62% of the shares[22] Other Income and Expenses - The company reported a non-operating income of CNY 3,577,254.86 from various sources[19] - The company reported a decrease in other comprehensive income, with a net amount of -¥1,646,602.69 in Q1 2021 compared to -¥944,401.09 in Q1 2020[49] - The tax expenses for Q1 2021 were ¥24,499,964.51, up from ¥9,910,073.46 in Q1 2020, indicating a rise of 147.5%[49]