Financial Performance - The company's total revenue for 2022 was CNY 499,147,857.37, representing a year-on-year increase of 2.86% compared to CNY 485,246,988.24 in 2021[20]. - The net profit attributable to shareholders for 2022 was CNY 41,491,562.69, a decrease of 42.41% compared to CNY 72,042,810.49 in 2021[21]. - Basic earnings per share for 2022 was CNY 0.14, down 44.00% from CNY 0.25 in 2021[22]. - The weighted average return on equity decreased to 4.27% in 2022 from 7.59% in 2021, a decline of 3.32 percentage points[22]. - Total assets increased by 2.41% to CNY 1,191,971,121.57 at the end of 2022, compared to CNY 1,163,896,947.15 at the end of 2021[21]. - The net profit after deducting non-recurring gains and losses was CNY 39,220,567.45, a decrease of 36.91% from CNY 62,163,880.90 in 2021[21]. - The total equity attributable to shareholders increased slightly by 0.39% to CNY 983,903,572.85 at the end of 2022, compared to CNY 980,037,114.80 at the end of 2021[21]. - The company achieved a sales growth of 2.86% in 2022, despite a challenging environment, with effective management of accounts receivable to improve collection timeliness[31]. Cash Flow and Investments - Operating cash flow for 2022 was CNY 58,118,121.31, an increase of 4.64% from CNY 55,538,585.20 in 2021[21]. - The company reported a net cash flow from operating activities of CNY 58,118,121.31, reflecting a stable operational performance despite external challenges[21]. - The investment activities generated a net cash flow of CNY 8,645,596.56, reflecting a significant decline of 178.73% year-over-year[71]. - The total cash outflow from investing activities was CNY 787,592,713.19, down from CNY 859,374,050.18, indicating a decrease of about 8.3%[196]. - The total cash inflow from investing activities was CNY 796,280,763.32, compared to CNY 848,386,390.02, indicating a decline of about 6.1%[196]. Research and Development - Significant R&D investments led to the successful development of new products, including a low-voltage permanent magnet door system and upgrades to key testing equipment, resulting in 5 patent applications and 6 authorized patents[31]. - The company's R&D expenses increased by 8.06% to ¥19,807,760.87, reflecting a commitment to innovation[57]. - The total R&D expenditure amounted to 19,807,760.87, representing 3.97% of total operating revenue[68]. - The company holds 74 patents and 12 software copyrights, showcasing its strong focus on technology and R&D[48]. Operational Challenges - The company faced significant challenges in 2022, including raw material shortages and logistics constraints, which led to a sharp reduction in production capacity[30]. - The company implemented an emergency plan to ensure production stability for major customer orders during the challenging environment[30]. - The prices of key raw materials, such as steel and copper, have shown significant volatility, impacting the company's cost structure; the company plans to improve production efficiency to mitigate these effects[88]. Corporate Governance - The company has received a standard unqualified audit report from Tianzhi International Accounting Firm[4]. - The company has maintained a consistent financial reporting process, ensuring the accuracy and completeness of its financial statements[4]. - The company has established specialized committees under the board, including an audit committee and a strategic committee[106]. - The company has appointed Tianzhi International Accounting Firm as the auditing agency for the 2022 fiscal year[103]. Shareholder Information - A cash dividend of CNY 2.00 per 10 shares (including tax) will be distributed to shareholders, totaling CNY 58,398,088.00[5]. - The total number of shares as of December 31, 2022, was 291,990,440[5]. - The total number of shares held by the chairman and general manager, Han Tielin, remained at 0 throughout the reporting period[95]. - The total number of shares held by independent director Hu Yan increased by 500 shares due to market purchases[95]. Market Position and Strategy - The company is positioned in the electrical machinery and equipment manufacturing industry, benefiting from stable growth in the elevator sector driven by urbanization and industrialization trends[34]. - The company aims to strengthen its leading position in elevator door systems and expand into integrated control systems and IoT-based remote monitoring solutions[80]. - The company plans to promote the "Low Voltage Permanent Magnet Door System" and develop a new door machine controller in 2023[83]. Environmental and Social Responsibility - The company has committed to maintaining asset independence post-share transfer, ensuring that all assets are owned independently and operated without any mixed operations or unclear asset situations[130]. - The company implemented carbon reduction measures, successfully reducing carbon dioxide equivalent emissions by 500 tons through the adoption of photovoltaic power generation and the elimination of outdated equipment[127]. - The company invested 431,400 RMB in environmental protection during the reporting period[125]. Risk Management - The company has outlined potential risks in its future development strategy, which investors should be aware of[6]. - Changes in tax policies could significantly impact the company's operations, as it currently benefits from a VAT refund policy; the company aims to continue meeting the requirements for these tax incentives[90]. - The growth in accounts receivable may affect cash flow and operational efficiency, prompting the company to carefully select partners and manage credit risks[89].

2022 年第三季度报告 证券代码：603488 证券简称：展鹏科技 展鹏科技股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比 上年同期增 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 139,076,365.60 | 6.10 | 349,323,596.51 | 1.51 | | 归属于 ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 210,247,230.91, a decrease of 1.32% compared to CNY 213,059,285.21 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 23,057,984.01, down 39.62% from CNY 38,186,129.47 year-on-year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 24,752,202.03, a decrease of 17.00% compared to CNY 29,823,029.97 in the previous year[19]. - The net cash flow from operating activities was CNY 26,267,949.33, down 14.02% from CNY 30,551,061.90 in the same period last year[19]. - Basic earnings per share decreased by 38.46% to CNY 0.08 compared to the same period last year[21]. - Diluted earnings per share also decreased by 38.46% to CNY 0.08 compared to the same period last year[21]. - The weighted average return on equity fell by 1.69 percentage points to 2.32% from 4.01% in the previous year[21]. - The return on equity after deducting non-recurring gains and losses decreased by 0.63 percentage points to 2.50%[21]. - The company reported a loss of CNY 4,626,645.79 from non-operating activities unrelated to its normal business[23]. - The company reported a significant impact on sales and cash collection due to the ongoing COVID-19 pandemic, particularly affecting the elevator and real estate sectors[61]. - The company plans to maintain strict pandemic prevention measures to mitigate risks associated with potential outbreaks, which could lead to increased operational costs and reduced profitability[61]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,139,512,428.75, a decrease of 2.10% from CNY 1,163,896,947.15 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company were CNY 945,164,644.45, down 3.56% from CNY 980,037,114.80 at the end of the previous year[20]. - The company's total liabilities amounted to CNY 194,347,784.30, an increase from CNY 183,859,832.35, representing an increase of approximately 5.3%[96]. - The total current liabilities increased to CNY 187,741,713.95 from CNY 175,312,349.50, reflecting an increase of about 3.3%[96]. - The company's cash and cash equivalents decreased to CNY 138,723,108.91 from CNY 316,806,522.19, representing a decline of approximately 56.3%[94]. - The company's inventory increased by 37.81% to CNY 83,293,998.75 due to rising raw material prices and increased finished goods[50]. - The company's accounts receivable decreased to CNY 163,021,750.49 from CNY 173,340,186.00, a reduction of approximately 5.9%[94]. Research and Development - The company's research and development expenses increased by 21.39% to CNY 8,455,494.32 from CNY 6,965,448.03 in the previous year, indicating a focus on innovation[50]. - The company has a total of 72 patents and 12 software copyrights, showcasing its strong R&D capabilities[38]. - New product developments include the asynchronous door knife structure and the third-generation elevator light curtain, which have received positive market feedback[45]. - The company is actively pursuing innovation, with 5 utility model patents authorized in 2022 and 15 invention patents currently under application[45]. Market and Operations - The company has established a diversified product system including elevator door systems and integrated control systems[25]. - The company has set up 9 marketing service outlets in key markets to enhance customer support and brand promotion[34]. - The elevator industry is expected to grow steadily due to ongoing urbanization and industrialization in China[37]. - The company has installed two new production lines to improve assembly processes and increase production capacity[50]. - The company is actively enhancing its market competitiveness by increasing R&D investment and focusing on product and technology innovation[56]. Corporate Governance and Compliance - The report has not been audited, and the management has confirmed the accuracy and completeness of the financial report[5]. - The company has not disclosed any plans for profit distribution or capital reserve transfer to increase share capital during the reporting period[5]. - There are no non-operating fund occupation situations by controlling shareholders and their related parties[7]. - The company has detailed the potential risks it may face in the report, which investors should be aware of[6]. - The company has undergone a significant management restructuring, with new appointments to the board and senior management positions[64]. - The company maintains complete and independent ownership of all assets, ensuring no mixed operations or unclear asset situations[73]. - The management team, including the general manager and financial officer, operates independently and receives salaries without interference from the actual controller[73]. - The company has established an independent financial accounting department with a standardized accounting system and independent bank accounts[73]. Environmental and Social Responsibility - The company has implemented measures to reduce carbon emissions, including the installation of solar photovoltaic facilities and the transition to energy-efficient LED lighting[70]. - The company has not faced any environmental penalties or pollution incidents during the reporting period, demonstrating compliance with environmental regulations[69]. - The company continues to enhance its environmental management practices, including regular third-party assessments of waste and emissions[69]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period was 11,194[85]. - The largest shareholder, Jin Peirong, holds 38,718,400 shares, accounting for 13.26% of the total shares[87]. - Qingdao Silicon Valley Paradise Hongtan Investment Co., Ltd. holds 31,223,088 shares, representing 10.69% of the total shares[87]. - The company has no major related party transactions reported during the period[79]. - There were no changes in the company's share capital structure during the reporting period[84]. Audit and Legal Matters - The company appointed Tianzhi International Accounting Firm as the auditor for the 2022 fiscal year[77]. - There were no significant lawsuits or arbitration matters during the reporting period[77]. - The company reported no non-standard audit opinions or significant changes in the previous year's audit[77]. - There were no major guarantees or contracts that were not fulfilled during the reporting period[82].

Financial Performance - The company's operating revenue for 2021 was CNY 485.25 million, representing a 19.22% increase from CNY 407.03 million in 2020[20]. - The net profit attributable to shareholders decreased by 30.62% to CNY 72.04 million in 2021 from CNY 103.84 million in 2020[20]. - The basic earnings per share for 2021 was CNY 0.25, down 30.56% from CNY 0.36 in 2020[21]. - The weighted average return on equity decreased by 3.82 percentage points to 7.59% in 2021 from 11.41% in 2020[21]. - The net cash flow from operating activities for 2021 was CNY 55.54 million, a 5.65% increase from CNY 52.57 million in 2020[20]. - The total assets at the end of 2021 were CNY 1,163.90 million, a 6.93% increase from CNY 1,088.46 million at the end of 2020[20]. - The net assets attributable to shareholders increased by 4.99% to CNY 980.04 million at the end of 2021 from CNY 933.50 million at the end of 2020[20]. - Non-recurring gains and losses totaled CNY 9.88 million in 2021, significantly lower than CNY 26.91 million in 2020[25]. - The company reported a quarterly revenue of CNY 141.11 million in Q4 2021, showing a consistent revenue generation throughout the year[23]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 2.00 CNY per 10 shares, totaling 58,398,088 CNY (including tax) based on a total share capital of 291,990,440 shares as of December 31, 2021[5]. - The total number of shares held by the board members decreased from 62,142,660 at the beginning of the year to 55,194,920 at the end of the year, representing a reduction of approximately 11.2%[96]. - The total pre-tax remuneration for the board members during the reporting period amounted to 3,794,800 CNY[96]. - The company has a total of 12,755 common stock shareholders at the end of the reporting period, an increase from 10,960 at the end of the previous month[161]. - The largest shareholder, Jin Peirong, holds 38,718,400 shares, representing 13.26% of total shares, with 19,289,620 shares pledged[163]. Governance and Compliance - The company has received a standard unqualified audit report from the accounting firm Tianye[4]. - The company has maintained a consistent governance structure with all board members present at the meeting[4]. - The company has not reported any instances of more than half of the directors being unable to guarantee the authenticity and completeness of the annual report[7]. - The company emphasizes compliance with capital market regulations and timely information disclosure[78]. - The company has committed to maintaining independence in assets, personnel, finance, and operations as stated in the "Equity Change Report"[93]. Research and Development - The company invested in R&D, resulting in the market promotion of the "Low Voltage Permanent Magnet Door System" and the completion of the "Embedded Permanent Magnet Controller" for villa elevators[32]. - The company applied for 7 patents in 2021, including 3 invention patents, and successfully passed the high-tech enterprise re-evaluation[33]. - R&D expenses increased by 22.51% to ¥18,330,543.63, indicating a commitment to innovation[55]. - The company has developed a "IoT-based elevator remote monitoring platform," which won a silver award at the 5th China International IoT Expo[48]. - The company aims to improve production efficiency and reduce costs by increasing automation and optimizing the supply chain, ensuring stable supply and competitive pricing[81]. Market and Sales Strategy - The company established 9 marketing service outlets across key markets, enhancing its sales network and customer support capabilities[45]. - The company’s products are primarily used in the elevator manufacturing industry, which is expected to see stable growth due to ongoing urbanization and industrialization in China[35]. - The company’s sales strategy emphasizes technical strength and service quality, maintaining long-term relationships with elevator manufacturers[45]. - The company is actively developing new energy battery swap projects, focusing on various innovative products to meet market demands[32]. Risks and Challenges - The company is exposed to risks from macroeconomic fluctuations affecting market demand, intensified market competition, and raw material price volatility, which could impact operational performance[84][86][87]. - The company emphasizes the importance of investment risk awareness regarding future plans and development strategies[6]. - The company has detailed potential risks in the "Management Discussion and Analysis" section of the report[7]. Internal Control and Audit - The internal control audit report issued by the accounting firm confirmed that the company maintained effective financial reporting internal controls as of December 31, 2021[126]. - The company has a robust internal control management system that meets the requirements of regulatory authorities, ensuring the protection of shareholder interests[124]. - The audit procedures included verifying sales contracts and ensuring compliance with accounting policies for revenue recognition[178]. - The audit firm confirmed independence and compliance with ethical requirements throughout the audit process[185]. Future Outlook - The company has outlined its future outlook and performance guidance in the annual report, emphasizing stability and growth potential[97]. - The company provided guidance for the next fiscal year, projecting revenue growth of 25% and aiming for $1.875 billion[100]. - The company plans to enhance its sales management and digital transformation initiatives, including a digital quotation system[78][79].

Financial Performance - The company's operating revenue for Q1 2022 was ¥67,237,701.91, representing a decrease of 8.22% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was ¥441,265.38, down 95.89% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥8,029,030.40, a decrease of 17.45% compared to the previous year[6]. - Basic earnings per share were ¥0.0015, down 96.25% year-on-year[7]. - Net profit for Q1 2022 was ¥441,265.38, a significant decline of 95.9% compared to ¥10,745,502.11 in Q1 2021[19]. - The company reported a total comprehensive income of ¥34,441,265.38 for Q1 2022, compared to ¥10,745,502.11 in Q1 2021[19]. - Cash flow from operating activities for Q1 2022 was negative at -¥22,824,531.58, an improvement from -¥30,449,231.46 in Q1 2021[21]. - Basic earnings per share for Q1 2022 were ¥0.0015, down from ¥0.04 in Q1 2021[19]. - The company reported a tax expense of -¥2,524,225.00 for Q1 2022, compared to a tax expense of ¥1,588,806.48 in Q1 2021[19]. Cash Flow and Assets - The net cash flow from operating activities was -¥22,824,531.58, reflecting a decline of 25.04%[6]. - Cash and cash equivalents decreased significantly from ¥316,806,522.19 at the end of 2021 to ¥124,916,488.09[13]. - Cash and cash equivalents at the end of Q1 2022 were ¥117,657,346.63, a decrease from ¥69,726,038.20 at the end of Q1 2021[22]. - Total current assets as of March 31, 2022, amounted to ¥882,588,440.27, a slight decrease from ¥898,972,659.70 at the end of 2021[14]. - Total assets at the end of the reporting period were ¥1,154,168,152.86, a decrease of 0.84% from the end of the previous year[7]. - Total assets decreased from ¥1,163,896,947.15 at the end of 2021 to ¥1,154,168,152.86 as of March 31, 2022[15]. Liabilities and Equity - Total liabilities decreased from ¥183,859,832.35 at the end of 2021 to ¥173,946,437.17 as of March 31, 2022[15]. - The company's total equity remained relatively stable, with a slight increase from ¥980,037,114.80 at the end of 2021 to ¥980,221,715.69 as of March 31, 2022[15]. - The company reported a decrease in short-term borrowings, with total current liabilities amounting to ¥167,989,789.11 as of March 31, 2022, compared to ¥175,312,349.50 at the end of 2021[15]. Operational Insights - The company reported a significant decline in net profit mainly due to decreased investment income and rising costs[10]. - The company's inventory increased from ¥60,438,993.74 at the end of 2021 to ¥87,331,554.68 as of March 31, 2022[14]. - Accounts receivable decreased from ¥173,340,186.00 at the end of 2021 to ¥152,833,285.07 as of March 31, 2022[13]. - The company has not disclosed any new product developments or market expansion strategies in this report[10]. - Research and development expenses for Q1 2022 were ¥3,953,035.51, an increase from ¥3,033,515.47 in Q1 2021[18]. Shareholder Information - The company has a total of 10,960 common shareholders as of the reporting period[12]. - The top 10 shareholders hold a combined 70.37% of the company's shares, with the largest shareholder owning 13.26%[12].

Financial Performance - The company's revenue for Q3 2021 was ¥131,074,809.37, representing a 9.06% increase compared to the same period last year[6] - Net profit attributable to shareholders decreased by 45.82% to ¥15,567,293.86 for the quarter, while the year-to-date net profit was ¥53,753,423.33, down 23.21% year-on-year[6] - The basic and diluted earnings per share were both ¥0.05, reflecting a 50% decrease compared to the same quarter last year[7] - Total operating revenue for the first three quarters of 2021 reached ¥344,134,094.58, an increase from ¥277,881,219.99 in the same period of 2020, representing a growth of approximately 24%[20] - Net profit for the third quarter of 2021 was ¥53,753,423.33, down from ¥70,000,638.51 in the same quarter of 2020, reflecting a decrease of approximately 23%[22] - The company reported a profit before tax of ¥60,982,707.27 for the third quarter of 2021, down from ¥83,824,790.58 in the same quarter of 2020, a decrease of approximately 27%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,092,094,132.67, showing a slight increase of 0.33% from the end of the previous year[7] - Current assets totaled CNY 881,511,662.56, down from CNY 908,030,234.06 at the end of 2020, primarily due to a decrease in cash and cash equivalents[16] - Total liabilities stood at CNY 161,686,200.15, up from CNY 152,064,050.31, showing a 6.5% increase in financial obligations[17] - The total liabilities as of the end of the third quarter of 2021 amounted to ¥163,995,711.17, compared to ¥154,965,717.68 at the end of the previous year[21] - Total equity attributable to shareholders was ¥928,098,421.50, slightly down from ¥933,495,794.83 in the previous year[21] Cash Flow - Cash flow from operating activities for the year-to-date was ¥56,726,403.77, indicating a significant increase of 303.56%[7] - Cash inflow from operating activities for the first three quarters of 2021 totaled ¥371,719,248.31, up from ¥245,001,862.62 in 2020, marking an increase of about 51%[24] - The net cash flow from operating activities for Q3 2021 was $56,726,403.77, a significant increase from $14,056,630.88 in Q3 2020, representing a growth of approximately 303%[25] - The company reported a total cash outflow from operating activities of $314,992,844.54, compared to $230,945,231.74 in the previous year, marking an increase of approximately 36%[25] Inventory and Receivables - Inventory increased by 46.35% due to the company's strategy to stockpile materials in response to pandemic-related supply chain disruptions[11] - Accounts receivable rose to CNY 146,402,801.32 from CNY 135,785,695.80, reflecting a 9.1% increase year-over-year[16] - Inventory levels increased to CNY 69,112,717.01, compared to CNY 47,223,126.98 in the previous year, indicating a 46.5% rise[17] Shareholder Information - The company has a significant portion of its shares pledged, with major shareholders like Jin Peirong pledging 19,289,620 shares out of 38,718,400 held[14] - The top ten shareholders collectively hold 70.17% of the company's shares, indicating a concentrated ownership structure[14] Research and Development - Research and development expenses for the third quarter of 2021 were ¥10,238,715.42, compared to ¥9,224,979.80 in the same quarter of 2020, indicating an increase of about 11%[21] - The company has not disclosed any new product developments or market expansion strategies in this report[1] - The company has not disclosed any significant new product launches or technological advancements during the reporting period[15]

Financial Performance - Basic earnings per share for the first half of 2021 was CNY 0.13, a decrease of 7.14% compared to CNY 0.14 in the same period last year[18]. - Diluted earnings per share for the first half of 2021 was also CNY 0.13, reflecting a 7.14% decline year-over-year[18]. - The weighted average return on net assets decreased by 0.54 percentage points to 4.01% from 4.55% in the previous year[18]. - The return on net assets after deducting non-recurring gains and losses increased by 0.22 percentage points to 3.13% compared to 2.91% in the same period last year[18]. - The basic earnings per share after deducting non-recurring gains and losses was CNY 0.10, an increase of 11.11% from CNY 0.09 in the same period last year[18]. - The company's operating revenue for the first half of the year reached ¥213,059,285.21, representing a 35.10% increase compared to ¥157,700,550.31 in the same period last year[19]. - Net profit attributable to shareholders decreased by 7.47% to ¥38,186,129.47 from ¥41,270,715.12 year-on-year[19]. - The net profit excluding non-recurring gains and losses increased by 13.04% to ¥29,823,029.97 from ¥26,381,984.54 in the previous year[19]. - The total profit for the first half of 2021 was CNY 45,168,909.82, compared to CNY 49,876,912.56 in the same period of 2020, indicating a decrease of 9.5%[104]. Cash Flow and Liquidity - The net cash flow from operating activities rose by 17.40% to ¥30,551,061.90 compared to ¥26,022,530.22 in the same period last year[19]. - The company’s cash and cash equivalents decreased by 51.10% year-on-year to ¥163,046,709.94, attributed to investments in financial products[50]. - Cash and cash equivalents decreased to ¥159,154,891.27 as of June 30, 2021, from ¥330,279,000.43 at the end of 2020, indicating a liquidity contraction[99]. - The company reported a net cash decrease of CNY 171,676,340.26 for the first half of 2021, an improvement from -CNY 294,370,662.98 in the same period of 2020[112]. - The cash inflow from sales of goods and services was CNY 215,398,987.79, up from CNY 157,906,230.20 in the first half of 2020, reflecting a growth of 36.4%[111]. Assets and Liabilities - Total assets increased by 4.71% to ¥1,139,728,550.75 from ¥1,088,461,512.51 at the end of the previous year[19]. - The company's total liabilities as of June 30, 2021, were ¥168,469,482.23, compared to ¥154,965,717.68 at the end of 2020, indicating an increase in liabilities[96]. - The total equity attributable to shareholders increased to ¥971,259,068.52 from ¥933,495,794.83, reflecting a growth of approximately 4%[96]. - The company’s accounts receivable increased to ¥152,221,730.14 from ¥135,785,695.80, showing a growth of approximately 12.5%[94]. - The company’s inventory rose to ¥62,166,129.77, up from ¥47,223,126.98, representing a growth of approximately 31.7%[94]. Research and Development - The company has developed advanced technologies such as VVVF variable frequency control and has obtained 64 patents and 12 software copyrights[36]. - Research and development expenses grew by 15.87% year-on-year, reaching ¥6,965,448.03 as the company intensified product development efforts[48]. - The company's research and development expenses for the first half of 2021 were CNY 6,965,448.03, compared to CNY 6,011,636.06 in the same period of 2020, showing an increase of 15.9%[106]. Market Presence and Strategy - The company focuses on the research, production, and sales of elevator door systems, integrated control systems, and related components, establishing a diversified product system[22]. - The company has established nine marketing service outlets in key markets to enhance customer support and brand promotion[32]. - The company has launched new products including low-voltage permanent magnet motor door systems and the 06 type side-opening door system, receiving positive market feedback[44]. - The company has implemented a sales strategy focusing on "highlighting advantages and integrating resources," leading to substantial progress in market expansion[43]. Corporate Governance and Compliance - The company reported no non-operating fund occupation by controlling shareholders and their related parties[5]. - The company has not violated decision-making procedures for external guarantees[5]. - The company received a disciplinary notice from the Shanghai Stock Exchange on June 17, 2021, due to violations in information disclosure related to a major asset restructuring[75]. - The company has committed to actively rectify the issues pointed out in the disciplinary notice, enhancing corporate governance and internal control measures[76]. - The company has not faced any environmental penalties during the reporting period and has complied with environmental regulations[64]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 12,946[82]. - The largest shareholder, Jin Peirong, held 38,718,400 shares, representing 13.24% of the total shares, with 19,289,620 shares pledged[84]. - The company reported no profit distribution or capital reserve transfer plans for the half-year period, with 0 shares for bonus shares and 0 yuan for dividends per 10 shares[60]. Environmental Initiatives - The company has installed solar photovoltaic facilities, effectively reducing carbon emissions while supplying excess electricity to the national grid[66]. - The company has transitioned from fuel-powered forklifts to electric ones, further decreasing fuel consumption[66].

Financial Performance - The company's operating revenue for 2020 was ¥407,034,946.15, representing a 9.50% increase compared to ¥371,738,307.70 in 2019[21]. - Net profit attributable to shareholders for 2020 was ¥103,840,655.49, a 20.19% increase from ¥86,394,964.64 in 2019[21]. - Basic earnings per share for 2020 increased to ¥0.36, up 20.00% from ¥0.30 in 2019[22]. - The weighted average return on equity for 2020 was 11.41%, an increase of 1.34 percentage points from 10.07% in 2019[22]. - The net cash flow from operating activities for 2020 was ¥52,570,843.26, a decrease of 24.12% from ¥69,284,747.45 in 2019[21]. - Total assets at the end of 2020 were ¥1,088,461,512.51, a 9.02% increase from ¥998,434,454.10 at the end of 2019[21]. - The company's net assets attributable to shareholders increased by 5.23% to ¥933,495,794.83 at the end of 2020, compared to ¥887,110,314.12 at the end of 2019[21]. - The company's sales cost increased by 15.36% to ¥277,512,849.84, impacting the overall profit margins[60]. - The elevator industry revenue was ¥406,257,786.43, with a gross margin of 31.72%, a decrease of 3.47 percentage points from the previous year[62]. - The company achieved a revenue of ¥407,034,946.15 in 2020, representing a year-on-year increase of 9.50%[58]. - The net profit attributable to shareholders was ¥103,840,655.49, up 20.19% compared to the previous year[58]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares, totaling 58,503,480.00 RMB for the year 2020[5]. - The net profit attributable to ordinary shareholders for 2020 was 103,840,655.49 RMB, with a dividend payout ratio of 56.34%[95]. - The company has maintained a consistent cash dividend policy to protect the rights of minority investors[94]. - The company has established a lock-up period of 36 months for major shareholders, during which they cannot transfer or manage their shares[99]. - After the lock-up period, any share reduction must not be below the initial public offering price[99]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding future plans and development strategies[6]. - The company has detailed potential risks in the section discussing future development[7]. - The company faces risks from macroeconomic fluctuations affecting market demand, particularly in the elevator industry linked to real estate and infrastructure[90]. - Increased competition in the elevator components market requires the company to enhance its production scale, product quality, and R&D capabilities[90]. - The company is exposed to raw material price volatility, particularly in steel and copper, which impacts production costs[91]. - Changes in tax policies could significantly impact the company's operations, especially regarding VAT and high-tech enterprise status[92]. - The company aims to mitigate bad debt risks by carefully selecting partners and controlling credit limits as accounts receivable grow[92]. Corporate Governance - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[7]. - The company has ensured that all board members attended the board meeting, affirming the report's accuracy and completeness[8]. - The company has committed to maintaining asset independence, ensuring that all assets are owned independently and not used to guarantee debts of the actual controller[97]. - The company will continue to have an independent financial accounting department with a standardized accounting system and independent bank accounts[97]. - The company has a complete governance structure to ensure independent operation and decision-making[97]. Research and Development - The company has developed multiple advanced technologies including VVVF variable frequency control technology and has obtained 64 patents and 12 software copyrights[45]. - Research and development expenses amounted to ¥14.96 million, representing a 15.33% increase year-on-year, accounting for 3.68% of total revenue[70]. - The company plans to enhance R&D efforts, including the development of low-voltage permanent magnet controllers and elevator light curtains[86]. - The company is actively developing electric vehicle battery swap products, with the 10-layer automatic battery swap rack already in mass production[55]. - The company is investing $200 million in R&D for new technologies aimed at enhancing product efficiency over the next two years[148]. Market and Product Development - The company has developed a diversified product system including elevator door systems and integrated control systems, which are widely used in various elevator manufacturing fields[32]. - The company launched new products, including the "Low Voltage Permanent Magnet Door Controller" and "Integrated Control System for Villas," enhancing its innovation capabilities[54]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share within the next two years[146]. - A strategic acquisition was completed, enhancing the company's capabilities in smart manufacturing, valued at 300 million[146]. - The company plans to enter two new international markets by the end of the fiscal year, aiming for a 10% contribution to overall revenue[150]. Audit and Financial Reporting - The company has received a standard unqualified audit report from the accounting firm Tianye[4]. - The audit report confirmed that the financial statements fairly reflect the financial position and operating results of Zhangpeng Technology as of December 31, 2020[170]. - The audit identified the need for management to apply significant judgment and estimates in determining the allowance for expected credit losses on accounts receivable[174]. - The internal control audit report issued by the accounting firm confirmed that the company maintained effective financial reporting internal controls as of December 31, 2020[165]. - The domestic accounting firm engaged for auditing services is Gongzheng Tianye Accounting Firm, with a remuneration of CNY 300,000 for a three-year term[107]. Employee and Management Information - The company maintained a strong focus on employee engagement and talent retention, with key management personnel holding company shares[51]. - The total remuneration paid to directors, supervisors, and senior management in 2020 amounted to 2.316 million yuan[153]. - The company employed a total of 497 staff members, including 465 in the parent company and 32 in major subsidiaries[156]. - The company has implemented a performance-based salary structure for senior management, linking bonuses directly to company performance and individual assessments[164]. - The company has established a targeted training system for employees, focusing on various skill levels and management capabilities[158].

Financial Performance - Total revenue for Q1 2021 reached RMB 73,256,412.66, a 73.23% increase compared to RMB 42,289,448.89 in the same period last year[12] - Net profit attributable to shareholders was RMB 9,726,259.05, representing a 102.38% increase from RMB 4,805,871.28 year-on-year[5] - Basic earnings per share increased to RMB 0.04, up 33.33% from RMB 0.03 in the same quarter last year[6] - Net profit for Q1 2021 reached CNY 10,745,502.11, representing an increase of 79.5% from CNY 5,977,659.26 in Q1 2020[23] - The net profit for Q1 2021 was CNY 10,274,488.23, a 72.5% increase compared to CNY 5,968,592.31 in Q1 2020[27] - Operating profit for Q1 2021 reached CNY 11,784,423.75, up 87.5% from CNY 6,300,347.95 in the same period last year[27] - The company reported a total profit of CNY 11,794,179.21 for Q1 2021, compared to CNY 6,211,756.95 in Q1 2020, marking an increase of 90.5%[27] Cash Flow - Operating cash flow showed a net outflow of RMB 30,449,231.46, worsening by 30.59% compared to RMB -23,315,943.92 in the previous year[5] - Cash inflow from operating activities totaled CNY 79,694,109.55, compared to CNY 47,419,605.58 in Q1 2020, representing a 67.9% increase[29] - Cash outflow from operating activities was CNY 110,143,341.01, an increase from CNY 70,735,549.50 in Q1 2020[29] - The net cash flow from operating activities was -CNY 30,449,231.46, worsening from -CNY 23,315,943.92 in the previous year[29] - Cash flow from investment activities showed a net outflow of -CNY 230,184,338.33, compared to -CNY 347,276,458.09 in Q1 2020[30] - The total cash and cash equivalents at the end of Q1 2021 were CNY 69,726,038.20, a decrease from CNY 62,464,833.42 in Q1 2020[30] - The net cash flow from investment activities was -231,113,838.33 RMB, an improvement from -327,276,458.09 RMB, reflecting a reduction of about 29.3%[33] Assets and Liabilities - Total assets at the end of the reporting period were RMB 1,084,420,096.82, a slight decrease of 0.37% from RMB 1,088,461,512.51 at the end of the previous year[5] - The company's current assets totaled CNY 890,374,760.41, down from CNY 908,030,234.06 at the end of 2020, indicating a decrease of approximately 1.8%[16] - Total liabilities decreased to CNY 140,425,472.19 from CNY 154,965,717.68, a reduction of about 9.4%[17] - Total liabilities for Q1 2021 were CNY 144,563,458.01, a decrease from CNY 158,047,191.01 in the previous period[21] - The company's equity attributable to shareholders increased to CNY 943,994,624.63 from CNY 933,495,794.83, indicating a growth of approximately 1.6%[18] - Owner's equity increased to CNY 936,063,883.07 in Q1 2021, up from CNY 926,036,067.15 in Q1 2020[21] Shareholder Information - The total number of shareholders reached 11,746 by the end of the reporting period[10] - The top ten shareholders collectively hold 66.51% of the shares, with the largest shareholder owning 14.88%[10] Operating Costs and Expenses - Operating costs increased by 85.99% to RMB 51,846,343.46, up from RMB 27,875,787.33, primarily due to sales recovery post-pandemic[12] - Total operating costs for Q1 2021 were CNY 63,130,726.51, up 66.5% from CNY 37,997,612.26 in Q1 2020[22] - Research and development expenses for Q1 2021 amounted to CNY 3,033,515.47, a significant increase from CNY 1,064,607.35 in Q1 2020[22] Other Income and Investments - The company reported non-operating income of RMB 1,019,243.06, which includes various non-recurring gains[8] - Investment income for Q1 2021 was CNY 941,924.88, significantly higher than CNY 254,408.61 in Q1 2020[23] - Other income for Q1 2021 was CNY 1,019,566.19, compared to CNY 625,844.08 in Q1 2020[23] Changes in Financial Reporting - The company has adopted new leasing standards starting from 2021, which may impact future financial reporting[33]

一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 2020 年第三季度报告 1.2 公司全体董事出席董事会审议季度报告。 公司代码：603488 公司简称：展鹏科技 展鹏科技股份有限公司 2020 年第三季度报告 1 / 25 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 8 | 2020 年第三季度报告 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 1,031,019,863.03 998,434,454.10 3.26 归属于上市公司 股东的净资产 902,242,164.05 887,110,314.12 1.71 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的 现金流量净额 14,056,630.88 47,612,20 ...