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 - 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]

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].

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 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 157,700,550.31, representing a 0.70% increase compared to CNY 156,607,850.73 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2020 was CNY 41,270,715.12, a 25.79% increase from CNY 32,808,220.43 in the previous year[21]. - The net cash flow from operating activities was CNY 26,022,530.22, showing a 4.19% increase from CNY 24,975,147.12 in the same period last year[21]. - The total assets at the end of the reporting period were CNY 987,752,606.66, a decrease of 1.07% from CNY 998,434,454.1 at the end of the previous year[21]. - The net assets attributable to shareholders decreased by 1.55% to CNY 873,394,843.97 from CNY 887,110,314.12 at the end of the previous year[21]. - Basic earnings per share for the first half of 2020 were CNY 0.14, down 12.50% from CNY 0.16 in the same period last year[22]. - The weighted average return on net assets increased to 4.55%, up 0.67 percentage points from 3.88% in the previous year[22]. - The company reported non-recurring gains of CNY 470,932.30 from government subsidies related to normal business operations[23]. - The company achieved a revenue of ¥157,700,550.31 in the first half of 2020, representing a year-on-year growth of 0.70%[46]. - The net profit attributable to shareholders was ¥41,270,715.12, reflecting a significant increase of 25.79% compared to the same period last year[46]. - The total assets of the company reached ¥987,752,606.66, with equity attributable to shareholders amounting to ¥873,394,843.97[46]. - The company reported a total profit for the first half of 2020 of CNY 49,876,912.56, up from CNY 38,048,421.63 in the same period of 2019, reflecting a growth of approximately 31.00%[106]. - The company's investment income for the first half of 2020 was CNY 24,180,286.90, significantly higher than CNY 7,046,720.76 in the first half of 2019, marking an increase of about 242.00%[106]. Market and Product Development - The company has not disclosed any plans for new product development or market expansion in this report[6]. - The company specializes in the research, production, and sales of elevator door systems, integrated control systems, and related components, establishing a diversified product system widely used in various elevator manufacturing fields[26]. - The company has developed advanced technologies including VVVF variable frequency control, permanent magnet synchronous control, and AC vector control, holding 71 patents and 12 software copyrights[38]. - The company has established a nationwide direct sales network with 9 marketing service outlets in key markets such as Shanghai, Tianjin, and Wuhan, enhancing its market reach[39]. - The company emphasizes personalized customization and diversified production capabilities, offering various product series based on different technologies and mechanical structures[40]. - The company has a strong focus on innovation, integrating emerging technologies like IoT into product development, which has earned recognition at international exhibitions[38]. - The company launched several new products, including the 02B ultra-thin center-opening door machine and the 03 side-opening door system, enhancing its product portfolio[47]. Financial Management and Risks - The company is currently applying for 13 invention patents, 6 utility model patents, and 1 design patent to protect its intellectual property[47]. - The company anticipates risks from macroeconomic fluctuations affecting market demand, particularly in the elevator industry[58]. - The company is facing risks from raw material price fluctuations, particularly in steel and copper markets[60]. - The company is implementing measures to manage accounts receivable risks as business scales up[60]. - The company is at risk of losing tax incentives if related policies change, impacting its operations significantly[60]. - The company has implemented strict procurement and quality management standards to ensure the stability and quality of its supply chain[31]. Shareholder and Equity Information - No profit distribution or capital reserve fund transfer plan proposed for the half-year period[62]. - The company has committed to not transferring or entrusting the management of shares held prior to the public offering for 36 months from May 16, 2017[63]. - The company plans to strictly implement the stock price stabilization plan for three years post-IPO[63]. - Shareholders are restricted to transferring no more than 25% of their total shares annually while serving as directors or senior management[63]. - The company will not provide any financial assistance or guarantees for the stock incentive plan participants[65]. - The company will limit share reductions to 50% of the total shares held prior to the IPO within 12 months after the lock-up period[65]. - The company will ensure that any related party transactions adhere to market pricing principles and legal procedures[65]. - The company has committed to returning all benefits obtained from the stock incentive plan if any false information is found in disclosure documents[65]. - The company will announce any share reductions three trading days in advance and complete them within six months[65]. - The company will not engage in any business that competes directly or indirectly with its own operations during the shareholding period[65]. - The company appointed Gongzheng Tianye Accounting Firm as the auditor for the 2020 fiscal year, approved at the annual general meeting on May 20, 2020[66]. - The total number of ordinary shareholders reached 15,535 by the end of the reporting period[81]. - The top shareholder, Jin Peirong, held 48,328,000 shares, representing 16.52% of the total shares[83]. - The second-largest shareholder, Xi Fang, held 37,407,552 shares, accounting for 12.79%[83]. - The company had a total of 112,169,730 restricted shares at the beginning of the reporting period, with 111,906,250 shares released during the period[80]. Accounting Policies and Compliance - The company has implemented the new revenue recognition standards effective January 1, 2020, adjusting the financial statements accordingly[72]. - The financial statements are prepared based on the going concern principle, indicating no significant factors affecting the company's ability to continue operations in the next 12 months[128]. - The company adheres to specific accounting policies for accounts receivable, inventory valuation, and revenue recognition, in line with relevant accounting standards[129]. - The financial reports comply with the requirements of enterprise accounting standards, accurately reflecting the company's financial position and operating results[130]. - The company uses Renminbi as its accounting currency, ensuring consistency in financial reporting[133]. - The company has established methods for accounting treatment of business combinations, differentiating between same-control and non-same-control mergers[134][138]. - The company will recognize identifiable net assets at fair value for subsidiaries acquired under non-same-control mergers, impacting the financial statements accordingly[137]. - The company recognizes revenue when control of goods is transferred to customers, following the new revenue recognition standards[190]. - Revenue is recognized at the point when customers obtain control of the goods, which includes factors such as payment obligations and transfer of ownership[191]. - The company confirmed deferred tax assets for deductible temporary differences limited to the future taxable income likely to be obtained for offsetting these differences[197].

2020 年第一季度报告 公司代码：603488 公司简称：展鹏科技 展鹏科技股份有限公司 2020 年第一季度报告 1 / 24 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 2020 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | | | 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 | 977,991,563.89 | 998,434,454.10 | -2.05 | | 归属于上市公司 | 893,931,757.53 | 887,110,314.12 | 0.77 | | 股东的净资产 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | 经营活动产生的 | -23,315,943.92 | -8,451,779.86 | -175.87 | | 现金流量净额 | | | ...

Financial Performance - The company's operating revenue for 2019 was CNY 371,738,307.70, representing an increase of 18.21% compared to CNY 314,470,889.05 in 2018[20]. - The net profit attributable to shareholders for 2019 was CNY 86,394,964.64, up 16.74% from CNY 74,008,179.10 in 2018[20]. - The net profit after deducting non-recurring gains and losses was CNY 68,892,662.43, reflecting a growth of 22.10% from CNY 56,423,828.61 in 2018[20]. - The net cash flow from operating activities increased by 41.26% to CNY 69,284,747.45 from CNY 49,049,010.28 in 2018[20]. - Basic earnings per share for 2019 increased by 10.81% to CNY 0.41 compared to CNY 0.37 in 2018[22]. - Diluted earnings per share rose by 13.89% to CNY 0.41 in 2019 from CNY 0.36 in 2018[22]. - The weighted average return on equity increased by 0.98 percentage points to 10.07% in 2019, up from 9.09% in 2018[22]. - The net profit attributable to shareholders for Q4 2019 was CNY 29,160,351.14, showing a significant increase compared to CNY 8,875,639.86 in Q1 2019[24]. - The company reported a total revenue of CNY 108,674,777.96 in Q4 2019, compared to CNY 60,372,285.13 in Q1 2019[24]. Assets and Liabilities - The total assets at the end of 2019 were CNY 998,434,454.10, a 6.80% increase from CNY 934,824,883.87 at the end of 2018[20]. - The net assets attributable to shareholders at the end of 2019 were CNY 887,110,314.12, which is a 6.17% increase from CNY 835,542,969.87 at the end of 2018[20]. - Total liabilities increased to CNY 111,324,139.98 in 2019 from CNY 99,281,914.00 in 2018, representing a rise of about 12.4%[172]. - The company's total equity reached CNY 887,110,314.12, up from CNY 835,542,969.87 in the previous year, indicating an increase of approximately 6.2%[172]. - Cash and cash equivalents decreased to CNY 435,345,457.95 in 2019 from CNY 572,781,848.24 in 2018, a decline of about 24.0%[170]. - Accounts receivable rose to CNY 120,350,547.14 in 2019, compared to CNY 105,338,783.15 in 2018, marking an increase of approximately 14.3%[170]. Research and Development - The company is focused on research and development of core technologies in elevator systems, enhancing its competitive edge in the market[28]. - R&D expenses amounted to ¥12,973,318.13, up 12.54% from the previous year[55]. - The company holds 62 patents and 12 software copyrights, showcasing its strong R&D capabilities in advanced technologies such as VVVF and permanent magnet synchronous control[40]. - The 2020 R&D plan includes the development of a low-voltage permanent magnet door controller and its associated motor, with small batch testing to commence[75]. Market Strategy and Operations - The company has established a diversified product system including elevator door systems and integrated control systems, which are widely used in various elevator manufacturing fields[28]. - The company operates under a "sales-driven production" model, producing non-standard products based on customer orders[35]. - The company has established 9 marketing service outlets in key markets including Shanghai, Shenzhen, and Wuhan, enhancing customer support and brand promotion[36]. - The company aims for a 12% year-on-year growth in sales revenue for 2020, despite uncertainties due to the COVID-19 pandemic and real estate market regulations[73]. - The company plans to enhance its digital marketing strategy, aiming for a 30% increase in online sales channels[138]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies[6]. - The company has detailed potential risks in its report, which can be found in the section discussing future development[7]. - The company recognizes risks from macroeconomic fluctuations affecting market demand, particularly in the elevator industry, which is closely tied to real estate and infrastructure investments[80]. - The company is addressing the risk of raw material price volatility by improving production processes and cost management to mitigate cost pressures[81]. Profit Distribution and Shareholder Information - The company plans to distribute a cash dividend of CNY 2.80 per 10 shares, totaling CNY 58,503,480.00, and to increase capital by 4 shares for every 10 shares held, totaling 83,576,400 shares[5]. - The net profit attributable to ordinary shareholders for 2019 was 86,394,964.64 CNY, with a dividend payout ratio of 67.72%[86]. - The company has committed to maintaining stock price stability post-IPO, with specific measures in place for the first three years[88]. - The total number of shares outstanding as of December 31, 2019, was 208,941,000[84]. Corporate Governance - The company has established a governance structure that includes a general meeting of shareholders, a board of directors, a supervisory board, and a management team[149]. - The company adheres to legal regulations and continuously improves its corporate governance structure[149]. - The company has implemented strict measures to protect the rights of minority investors in its profit distribution policy[84]. - The company has a policy to ensure that any new directors or senior management sign commitments to uphold previous promises made during the IPO[88]. Environmental and Social Responsibility - The company has actively promoted clean production and complied with environmental laws and regulations[109]. - The company has not reported any environmental pollution incidents or received administrative penalties related to environmental issues during the reporting period[109].