山东金麒麟股份有限公司 监事会字〔2023〕2 号 山东金麒麟股份有限公司监事会决议 (第四届监事会 2023 年第二次会议通过) 山东金麒麟股份有限公司第四届监事会2023年第二次会议于2023年8月 25日在监事会会议室以现场方式召开。本次会议的召开符合有关法律、法规 和公司章程的规定。会议由公司监事会主席刘书旺先生主持,应出席本次会 议的监事3人,实际出席监事刘书旺先生、葛小刚先生、张永华先生3人,董 事会秘书张令令女十列席了本次会议。 经各位监事投票表决,审议通过了以下议案: 一、《山东金麒麟股份有限公司2023年半年度报告全文及摘要》。 监事会认为:公司2023年半年度报告全文及摘要的编制和审议程序符合 法律法规、《公司章程》 和公司内部管理制度等各项规定，公司2023年半年 度报告全文及摘要的内容和格式符合中国证监会和上海证券交易所的各项规 定,所包含的信息公允的反映了公司报告期内的财务状况和经营成果,所包 含的信息能从各个方面真实地反映出公司报告期内的经营管理和财务状况等 事项:未发现参与公司2023年半年度报告编制和审议的人员有泄漏报告信息 的行为。 表决结果:3票同意,0票反对,0票弃权。 ...

证券代码：603586 证券简称：金麒麟 公告编号：2023-035 山东金麒麟股份有限公司 单位：元，币种：人民币 | 分行业 | 营业收入 | 营业成本 | 毛利率 | 营业收入比 | 营业成本比 | | 毛利率比 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | （%） | 上年增减（%） | 上年增减（%） | | 上年增减（%） | | | 汽车零部件行业 | 881,097,243.03 | 663,660,176.26 | 24.68 | -3.13 | | -10.1 | 上升 5.84 | 个百分点 | 二、 主营业务分产品情况 单位：元，币种：人民币 | 分产品 | 营业收入 | 营业成本 | 毛利率 | 营业收入比 | 营业成本比 | | 毛利率比 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | （%） | 上年增减（%） | 上年增减（%） | | 上年增减（%） | | 刹车片 | 564,466,726.90 | 403,86 ...

山东金麒麟股份有限公司(以下简称"公司")的全资子公司济南金麒麟刹车系 统有限公司(以下简称"济南金麒麟")于近日收到了济南市生态环境局出具的济环 罚字[2023] JY 第 005 号《行政处罚决定书》，现将有关情况公告如下： 一、行政处罚决定书的主要内容 济南市生态环境局于 2023 年 5 月 5 日对济南金麒麟进行了调查，发现济南 金麒麟实施了以下环境违法行为：污水处理站搅拌机正在运行，格栅及污泥脱水 设施未运行，配套的废气治理设施风机未开机。该行为违反了《中华人民共和国 大气污染防治法》第二十条第二款的规定，已经构成通过不正常运行污染防治设 施逃避监管的方式排放大气污染物的违法行为。 济南市生态环境局依据《中华人民共和国大气污染防治法》第九十九条第三 项之规定，参照《山东省生态环境行政处罚裁量基准》裁量因素，对济南金麒麟 作出"罚款人民币伍拾伍万元整"的行政处罚。 二、公司采取的措施 证券代码：603586 证券简称：金麒麟 公告编号：2023-031 山东金麒麟股份有限公司 关于子公司收到济南市生态环境局 行政处罚决定书的公告 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 ...

证券代码：603586 证券简称：金麒麟 公告编号：2023-025 会议召开时间：2023 年 5 月 11 日（星期四）下午 15:00-16:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 山东金麒麟股份有限公司 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个别及连带责任。 重要内容提示： 会议问题征集： 投 资 者 可 于 2023 年 5 月 11 日 前 访 问 网 址 https://eseb.cn/13YyLOPbXvW 或使用微信扫描下方小程序码进行会前提问，公司 将通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问题进行回 答。 一、说明会类型 山东金麒麟股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日在上海 证券交易所网站（www.sse.com.cn）披露了《山东金麒麟股份有限公司 2022 年 年度报告》及《山东金麒麟股份有限公司 2022 年年度报告摘要》。为便于广大投 资者更加全面深入地了 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 459,807,773.73, representing an increase of 11.79% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 45,395,243.62, a significant increase of 385.14% year-on-year[3] - Basic earnings per share were CNY 0.23, reflecting a growth of 363.09% year-on-year[3] - Operating profit for Q1 2023 was ¥55.59 million, significantly up from ¥7.68 million in Q1 2022, marking a 620.5% increase[19] - Net profit for Q1 2023 was ¥45.40 million, compared to ¥9.36 million in Q1 2022, representing a 384.5% increase[19] - Total comprehensive income for Q1 2023 was ¥47.28 million, compared to ¥32.24 million in Q1 2022, marking a 46.6% increase[20] - Total comprehensive income for Q1 2023 was CNY 12.37 million, significantly lower than CNY 34.41 million in Q1 2022[28] Cash Flow - The net cash flow from operating activities reached CNY 38,062,810.37, up by 185.39% compared to the previous year[3] - Cash flow from operating activities in Q1 2023 was ¥38.06 million, a turnaround from a negative cash flow of ¥44.58 million in Q1 2022[21] - Cash flow from operating activities showed a net outflow of CNY 2.33 million, an improvement from a net outflow of CNY 26.56 million in Q1 2022[30] - Cash flow from investing activities generated a net inflow of CNY 24.53 million, compared to CNY 5.26 million in Q1 2022[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,755,280,448.63, a decrease of 3.29% from the end of the previous year[4] - Total current assets were CNY 1,709,788,613.25, down from CNY 1,795,021,713.70, indicating a decrease of about 4.8%[14] - The company's total liabilities decreased to CNY 487,165,665.84 from CNY 628,804,814.85, a reduction of about 22.5%[16] - Total assets as of March 31, 2023, were ¥2.22 billion, down from ¥2.34 billion as of December 31, 2022, reflecting a decrease of approximately 5.1%[25] - Total liabilities decreased to ¥389.47 million as of March 31, 2023, from ¥528.40 million at the end of 2022, a reduction of approximately 26.4%[25] Shareholder Information - The company reported a total of 14,677 common shareholders at the end of the reporting period[8] - The top shareholder, Shandong Jinqilin Investment Management Co., Ltd., holds 90,672,757 shares, accounting for 46.25% of total shares[9] Research and Development - Research and development expenses for Q1 2023 were ¥17.56 million, up from ¥14.70 million in Q1 2022, indicating a 19.4% increase[18] - Research and development expenses increased to CNY 8.58 million, up 14.2% from CNY 7.51 million in Q1 2022[27] Government Subsidies - The company received government subsidies amounting to CNY 1,017,826.35, which are not related to normal business operations[5] Inventory and Receivables - The accounts receivable increased to CNY 526,515,217.18 from CNY 509,939,913.79, reflecting an increase of about 3.2%[14] - The inventory decreased to CNY 317,289,570.67 from CNY 335,453,924.84, indicating a decline of approximately 5.4%[14] - The company's inventory decreased to ¥159.55 million as of March 31, 2023, down from ¥181.44 million at the end of 2022, a decline of approximately 12.0%[24] Financial Expenses - Financial expenses increased to CNY 5.97 million, compared to CNY 0.43 million in Q1 2022, primarily due to higher interest expenses[27] Borrowings - The company's short-term borrowings decreased to CNY 130,000,000.00 from CNY 160,000,000.00, a reduction of 18.8%[15] - The cash flow from financing activities included ¥30 million in cash received from borrowings in Q1 2023, marking the first borrowing activity reported for the year[22] - The company reported a net cash outflow from financing activities of -¥102.12 million in Q1 2023, compared to -¥63.35 million in Q1 2022, indicating increased cash outflow[22]

Financial Performance - The net profit attributable to the parent company for 2022 was CNY 193,258,629.20, with the parent company achieving a net profit of CNY 146,566,442.22[7]. - The company's operating revenue for 2022 reached CNY 1.83 billion, a year-on-year increase of 31.28%[25]. - Net profit attributable to shareholders was CNY 193.26 million, a significant recovery from a loss of CNY 50.72 million in 2021[25]. - Basic earnings per share for 2022 were CNY 0.97, compared to a loss of CNY 0.26 per share in the previous year[26]. - The weighted average return on equity increased to 9.15% from -2.43% in 2021[26]. - Cash flow from operating activities amounted to CNY 124.99 million, up 50.69% from CNY 82.95 million in 2021[25]. - The company's total assets grew to CNY 2.85 billion, reflecting a 3.70% increase from the previous year[25]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching CNY 181.86 million, up 1,500.53% from CNY 11.36 million in 2021[25]. Dividend and Profit Distribution - The proposed cash dividend for 2022 is CNY 5.00 per 10 shares (including tax), subject to approval at the annual shareholders' meeting[7]. - The company emphasizes the importance of sustainable development and shareholder rights in its profit distribution plan[7]. - The company plans to distribute a cash dividend of CNY 5.00 per 10 shares, amounting to a total cash dividend of CNY 98,026,390.00, which represents 50.72% of the net profit attributable to ordinary shareholders[144]. Market and Sales Performance - The number of brake pads and discs sold increased, contributing to the rise in revenue and net profit[27]. - The company achieved sales of 2.193 million yuan from 23 successfully converted customers in the domestic aftermarket, marking a strong start for subsequent business expansion[38]. - The company experienced a significant increase in brake disc sales in the OEM market and successfully launched new projects with Mitsubishi FUSO and Mercedes-Benz[39]. - Brake pad sales reached 3,111.72 thousand sets, a year-on-year increase of 17.47%, while brake disc sales increased by 35.77% to 761.48 thousand pieces[86]. - In the aftermarket segment, brake pad sales totaled 2,948.64 thousand sets, reflecting a 16.59% year-on-year growth, and brake disc sales surged by 29.61% to 720.44 thousand pieces[87]. Research and Development - The company focused on R&D for high-speed railway brake pads, successfully obtaining certification for "300-350km/h non-wedged powder metallurgy brake pads," indicating a strong technical level in this field[40]. - The company increased R&D investment in the new energy sector, aiming to provide original equipment products for new energy vehicles[41]. - The company has developed over 280 friction material formulas and possesses an independent R&D system for these materials[59]. - The company has 416 R&D personnel, representing 12.96% of the total workforce[74]. - The company aims to enhance its R&D capabilities by improving product formulations and developing new brake pad models to increase product coverage[99]. Risk Management - The company has detailed potential risks in the management discussion and analysis section of the report[10]. - The report includes a forward-looking statement risk declaration, advising investors to be aware of investment risks[8]. - The company faces risks related to raw material price fluctuations, particularly in steel, which can significantly impact production costs and profit margins[103]. - The company is committed to enhancing compliance awareness among its management and key personnel to improve governance and information disclosure[100]. Governance and Compliance - The audit report issued by Lixin Certified Public Accountants is a standard unqualified opinion[6]. - The company has not faced any issues with the majority of directors being unable to guarantee the authenticity of the annual report[9]. - The company has established an information disclosure management system to ensure fair and transparent communication with shareholders[109]. - The company has not reported any significant differences in governance compared to regulatory requirements, indicating compliance with legal standards[110]. - The company has implemented measures to maintain the independence of its operations from controlling shareholders, ensuring no significant impact from related party transactions[110]. Environmental and Social Responsibility - The company invested 10.7761 million yuan in environmental protection during the reporting period[150]. - The company has implemented measures to reduce carbon emissions, including phasing out fuel forklifts and purchasing electric forklifts[160]. - The company donated a total of 200,000 CNY to charitable organizations during the reporting period[161]. - The donations were made to the Le Ling Charity Association and the Jinan Jiyang District Charity Association[161]. Future Plans and Strategies - The company plans to continue expanding its market presence and enhancing product delivery capabilities[27]. - The company aims to optimize its product structure and enhance market competitiveness through innovation and a customer-centric approach[95]. - The company plans to invest CNY 24.85 million in a high-performance automotive brake disc project, with an expected production capacity of 6 million units by December 2024[85]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[116]. - The company has outlined plans for future foreign exchange business and the adjustment of share repurchase purposes in its proposals[110].

Financial Performance - In 2021, the company's revenue was 1.393 billion yuan, an increase of 8.26% year-on-year, while the net profit was -0.51 billion yuan, a decrease of 131.09% year-on-year due to multiple factors including the COVID-19 pandemic and rising raw material costs [2] - In Q1 2022, the company achieved a revenue of 411 million yuan, a year-on-year increase of 34.67% [2] Market Position and Competition - The company is a leading player in the brake components industry, with a significant market share in both OEM and AM markets, benefiting from the steady growth of global and domestic vehicle ownership [1] - The company has successfully passed certification for high-speed train brake pads, marking a significant breakthrough in its product diversification strategy [3] Operational Challenges - The company faced operational challenges due to the pandemic, including supply chain disruptions and increased management costs, but overall operations remained normal [2][4] - Shipping constraints and rising freight costs have impacted the company's logistics, although the primary trade method is FOB, minimizing the financial burden on the company [2] Investment and Future Plans - The company has not engaged in futures trading in 2022, focusing on its core business operations instead [2][4] - The company plans to enhance its R&D capabilities and product offerings, with over 260 effective patents and a commitment to developing new brake pad models to meet market demands [4] Dividend Policy - The company has distributed approximately 384 million yuan in dividends over the past four years but will not issue dividends for 2021 due to the financial losses incurred [3]

Financial Performance - The company's operating revenue for Q3 2022 was ¥498,243,898.48, representing a year-on-year increase of 32.09%[4] - The net profit attributable to shareholders for the same period was ¥56,284,940.34, reflecting a significant increase of 5,504.28% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥66,413,535.24, up 1,318.13% compared to the previous year[4] - The basic earnings per share for Q3 2022 was ¥0.29, an increase of 3,000.00% year-on-year[5] - The diluted earnings per share also stood at ¥0.29, marking a 3,000.00% increase year-on-year[5] - Total operating revenue for the first three quarters of 2022 reached ¥1,407,778,178.40, a significant increase of 39.7% compared to ¥1,007,685,853.11 in the same period of 2021[21] - Net profit for the first three quarters of 2022 was ¥125,803,936.18, compared to a net loss of ¥40,932,624.86 in the same period of 2021[22] - Earnings per share for the first three quarters of 2022 were ¥0.63, a recovery from a loss of ¥0.21 per share in the previous year[23] - The total comprehensive income for the first three quarters of 2022 was ¥138,588,504.14, compared to a loss of ¥40,932,624.86 in the same period of 2021[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,837,062,798.08, a 3.27% increase from the end of the previous year[5] - The equity attributable to shareholders was ¥2,142,308,491.70, reflecting a 6.96% increase year-on-year[5] - The company's total liabilities as of September 30, 2022, amounted to ¥694,754,306.38, a decrease from ¥744,208,095.06 at the end of 2021[18] - The total equity attributable to shareholders increased to ¥2,142,308,491.70 as of September 30, 2022, compared to ¥2,002,989,543.85 at the end of 2021[18] - Total assets as of September 30, 2022, were ¥2,366,854,985.47, up from ¥2,293,653,211.83 at the end of 2021, representing an increase of approximately 3.2%[30] - Total liabilities as of September 30, 2022, were ¥607,254,215.39, a decrease from ¥651,021,549.25 at the end of 2021, indicating a reduction of about 6.7%[30] - Owner's equity as of September 30, 2022, totaled ¥1,759,600,770.08, compared to ¥1,642,631,662.58 at the end of 2021, reflecting an increase of approximately 7.1%[30] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥20,075,361.33, a substantial increase of 625.53%[4] - Operating cash flow for the first three quarters of 2022 was CNY 20,075,361.33, a significant increase from CNY 2,767,003.75 in the same period of 2021, representing a growth of approximately 624.5%[25] - Total cash inflow from operating activities reached CNY 1,491,570,628.87, compared to CNY 1,109,897,328.06 in the previous year, marking an increase of about 34.4%[25] - Cash outflow from operating activities was CNY 1,471,495,267.54, up from CNY 1,107,130,324.31, indicating a rise of approximately 33%[25] - Cash inflow from financing activities totaled CNY 110,335,853.56, down from CNY 323,041,154.03 in the previous year, reflecting a decrease of about 65.8%[26] - Cash outflow from financing activities was CNY 188,526,778.54, compared to CNY 299,439,161.19 in the same period last year, a decrease of approximately 37%[26] - The ending cash and cash equivalents balance as of September 30, 2022, was CNY 711,327,448.38, an increase from CNY 616,337,511.88 at the end of 2021[26] Research and Development - Research and development expenses for the first three quarters of 2022 were ¥50,798,473.37, an increase from ¥46,101,957.31 in the same period of 2021[21] - Research and development expenses for the first three quarters of 2022 amounted to ¥28,898,467.09, compared to ¥26,632,990.82 in 2021, showing an increase of about 8.5%[32] Market Position and Future Outlook - The increase in revenue and profit was primarily driven by a 39.70% increase in sales volume of the main products[9] - The company has shown a strong performance in terms of profitability and revenue growth, positioning itself well for future market expansion and potential new product developments[32] - The company has no significant new product launches or technological developments mentioned in the report[13]

Financial Performance - The company's operating revenue for the first half of 2022 reached RMB 909,534,279.92, representing a 44.26% increase compared to RMB 630,479,505.17 in the same period last year[23]. - The net profit attributable to shareholders was RMB 69,518,995.84, a significant turnaround from a loss of RMB 39,924,094.13 in the previous year, marking a 274.13% increase[23]. - The basic earnings per share increased to RMB 0.35, compared to a loss of RMB 0.20 per share in the same period last year, reflecting a 275.00% improvement[24]. - The company's revenue for the first half of 2022 reached RMB 910 million, a year-on-year increase of 44.26%[47]. - Revenue from brake pads was RMB 652 million, up 36.97% year-on-year, while brake disc revenue was RMB 231 million, up 58.22% year-on-year[47]. - The company reported a total profit of ¥89,581,615.10 for the first half of 2022, compared to a loss of ¥56,691,175.05 in the same period last year[118]. - Operating profit for the first half of 2022 was ¥90,286,845.44, a recovery from an operating loss of ¥56,935,375.04 in the first half of 2021[117]. Cash Flow and Financial Position - The company reported a net cash flow from operating activities of -RMB 41,565,565.59, worsening from -RMB 10,312,151.78 in the previous year[23]. - The company's cash and cash equivalents at the end of the period were ¥706,595,556.53, accounting for 25.69% of total assets, down from 30.34% last year[54]. - The company reported a total current assets of RMB 1,659,337,276.02 as of June 30, 2022, compared to RMB 1,620,242,569.28 at the beginning of the period, reflecting an increase of approximately 2.2%[110]. - Cash and cash equivalents decreased to RMB 706,595,556.53 from RMB 833,363,299.97, indicating a decline of about 15.2%[110]. - The company reported a cash flow impact from exchange rate changes of CNY 52,453,085.45, compared to CNY 25,667,104.09 in the previous year[126]. Market and Industry Trends - In the first half of 2022, global automobile production was approximately 39.27 million units, a year-on-year decrease of 3.5%[31]. - Global automobile sales in the first half of 2022 were about 37.45 million units, down 10.7% year-on-year, with North America, Europe, and Asia all showing declining trends[32]. - The automotive industry is experiencing pressures from supply chain disruptions due to the Russia-Ukraine conflict and ongoing pandemic effects, impacting production and sales[31]. - The first half of 2022 saw a 19.8% year-on-year decline in European automobile sales, primarily due to the escalation of the Russia-Ukraine situation and material shortages[32]. Product Development and Innovation - The company has over 260 brake friction material formulas, capable of producing more than 6,600 types of brake pads and 4,400 types of brake discs, catering to mainstream passenger and commercial vehicle models globally[39]. - The company launched its fifth-generation functional ceramic brake pad product in the first half of 2022, enhancing its product offerings[48]. - The company successfully completed mass production for six new energy vehicle projects, responding to the national push for electric vehicle development[50]. Environmental and Regulatory Compliance - The company has implemented pollution control facilities, including wastewater treatment stations and dust collectors, ensuring compliance with emission standards[75]. - The company adheres to national and local environmental regulations, with no environmental accidents reported during the reporting period[81]. - The company has established an emergency response plan for environmental incidents, which has been registered with the local environmental authority[77]. Shareholder and Corporate Governance - The company did not propose any profit distribution or capital reserve transfer plans for the half-year period[69]. - The company has committed to not engage in any competitive business activities that may lead to competition with its subsidiaries, effective from April 6, 2017, and this commitment is ongoing[86]. - The company’s controlling shareholders and actual controllers promised to initiate a share repurchase plan within 30 days if significant issues are confirmed by authorities, with the repurchase price set at the issuance price[89]. Risks and Challenges - The company faces significant risks from fluctuations in raw material prices, particularly steel, which can impact production costs and profit margins[61]. - The appreciation of the RMB against the USD poses a risk of foreign exchange losses, as the company primarily settles export transactions in USD[61]. - The ongoing COVID-19 pandemic continues to impact the company's production and operations, with effects dependent on the progress of pandemic control measures[63].

Financial Performance - The net profit attributable to the parent company's shareholders for 2021 was -50,717,188.37 yuan, while the parent company achieved a net profit of 8,999,013.00 yuan[6]. - The company's operating revenue for 2021 was approximately ¥1.39 billion, representing an increase of 8.26% compared to ¥1.29 billion in 2020[24]. - The net profit attributable to shareholders was a loss of approximately ¥50.72 million, a decrease of 131.09% from a profit of ¥163.11 million in 2020[24]. - The basic earnings per share for 2021 was -¥0.26, down 131.71% from ¥0.82 in 2020[25]. - The weighted average return on equity decreased to -2.43% in 2021, down 9.99 percentage points from 7.56% in 2020[25]. - The net cash flow from operating activities was approximately ¥82.95 million, a decline of 76.37% from ¥351.06 million in 2020[24]. - The total assets at the end of 2021 were approximately ¥2.75 billion, an increase of 5.20% from ¥2.61 billion at the end of 2020[24]. - The net assets attributable to shareholders decreased by 7.64% to approximately ¥2.00 billion at the end of 2021 from ¥2.17 billion at the end of 2020[24]. - The company reported a total of ¥10.87 million in government subsidies recognized as non-operating income in 2021, compared to ¥22.94 million in 2020[30]. - The company incurred a loss of approximately ¥95.58 million from fair value changes in financial assets and liabilities in 2021[31]. Dividend and Profit Distribution - Due to the loss in 2021, the company plans not to distribute cash dividends, issue new shares, or convert capital reserves into share capital[6]. - As of December 31, 2021, the company's distributable profits amounted to 589,888,842.41 yuan[6]. Risk Management - The company has detailed potential risks in the management discussion and analysis section of the report[9]. - The company emphasizes the importance of investment risk awareness regarding forward-looking statements in the report[7]. - The company faces significant risks related to raw material price fluctuations, particularly in steel, which can impact production costs and profit margins[104]. - The company is actively managing risks related to currency exchange losses due to the appreciation of the RMB against the USD, which could adversely affect its financial performance[104]. - The company is addressing the risks associated with high shipping costs and resource shortages in the international shipping market, which could affect export trade[105]. Corporate Governance - The company has not faced any issues with more than half of the board members being unable to guarantee the authenticity, accuracy, and completeness of the annual report[8]. - The company has established a strict quality control system to mitigate risks associated with potential product quality issues, which could lead to substantial losses[103]. - The company is committed to enhancing its corporate governance structure and internal management mechanisms to support its expanding operations[102]. - The company has implemented measures to strengthen compliance awareness among senior management and key personnel to improve governance and information disclosure[104]. - The company has a structured remuneration and performance assessment system for its directors and senior management[124]. - The company has established specialized committees, including a strategy committee and an audit committee, to enhance governance[132]. Research and Development - R&D investment increased steadily in 2021, leading to the successful development of new friction material formulas for commercial vehicles, with multiple models supplied to Daimler[39]. - The company achieved certification for its high-speed railway brake pads, marking a significant step in product diversification and enhancing its bidding qualifications[37]. - The company has developed over 260 brake friction material formulas and possesses an independent R&D system for these materials[61]. - The company is focused on optimizing its management processes to adapt to the complexities arising from its scale expansion and increased operational demands[104]. Market and Sales - The company engaged with 40 new or existing customers through video conferences, resulting in sales revenue of 25.74 million yuan from 2 new customers and 11 new projects from existing customers in 2021[36]. - The company is positioned as a leading player in the domestic friction materials industry, benefiting from the steady growth of global and domestic automotive ownership[46]. - The company primarily operates in the foreign AM market, which is its main source of sales revenue and profit, focusing on ODM products[57]. - The company exports products to over 70 countries and regions, establishing long-term partnerships with major automotive parts companies[61]. - The company aims to enhance its market competitiveness by optimizing product and technology structures, focusing on customer needs, and developing high-value brake products[97]. Environmental Responsibility - The company has a total emission of 24.022 tons of particulate matter and 6.527 tons of volatile organic compounds (VOCs) in 2021[1]. - The company has implemented pollution control facilities including a wastewater treatment station, oil fume purification devices, and dust collectors to ensure compliance with emission standards[158]. - The company has adopted measures to reduce carbon emissions, including replacing old equipment with energy-efficient alternatives and enhancing green planting[166]. - The company has maintained normal operation of its pollution treatment facilities, ensuring that emissions continue to meet regulatory standards[159]. Employee Welfare and Development - The company has established a comprehensive health protection system, providing regular health check-ups and safety insurance for employees[168]. - The company has invested 1.4167 million yuan in employee welfare programs, including support for marriage, funerals, and education[168]. - The company has implemented a training program to enhance employee skills and align training with business needs[141]. - The company has a structured approach to employee development, including skill competitions and cultural activities to enhance workplace morale[169]. Shareholder and Financial Management - The company plans to use idle funds for cash management and has authorized futures trading limits for 2021[129]. - The company has confirmed that all production and operational activities are running normally despite the bond issuance situation[196]. - The company will continue to assess its financing plans based on strategic development and funding needs[196]. - The company has not reported any major litigation or arbitration matters during the fiscal year[187]. - The company has not faced any delisting risk or related warnings[186].