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。 2022 年第三季度报告 证券代码：603617 证券简称：君禾股份 债券代码：113567 债券简称：君禾转债 君禾泵业股份有限公司 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： 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 末比上年同期 | | --- | --- | --- | --- | --- | | | | | 年初至报告期末 | | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 128,536,562.24 | -4 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥436,515,054.17, representing a 5.04% increase compared to ¥415,582,463.72 in the same period last year[19]. - The net profit attributable to shareholders of the listed company decreased by 20.38% to ¥44,088,638.24 from ¥55,376,334.40 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥37,682,971.78, down 10.84% from ¥42,264,096.07 in the same period last year[19]. - The net cash flow from operating activities was ¥37,237,821.53, a decrease of 23.88% compared to ¥48,920,687.66 in the previous year[19]. - Basic earnings per share decreased by 20.00% to CNY 0.12 compared to the same period last year[20]. - Diluted earnings per share decreased by 14.29% to CNY 0.12 compared to the same period last year[20]. - The weighted average return on equity decreased to 3.40%, down 4.10 percentage points from the previous year[20]. - The company reported a net profit of RMB 278.92 million from its subsidiary Junhe Plastics, while Bluefin Technology incurred a net loss of RMB 26.11 million[72]. - The company reported a net profit for the first half of 2022 of CNY 21,358,345.75, a decrease of 54.4% compared to CNY 46,699,977.26 in the same period of 2021[166]. Assets and Liabilities - The net assets attributable to shareholders at the end of the reporting period increased by 78.49% to ¥1,292,314,732.90 from ¥724,025,541.79 at the end of the previous year[19]. - Total assets at the end of the reporting period were ¥2,626,788,370.92, reflecting a 76.95% increase from ¥1,484,521,984.19 at the end of the previous year[19]. - Total liabilities increased to CNY 1,328,951,594.15 from CNY 836,376,427.77, showing a growth of approximately 58.9%[154]. - The total equity at the end of the reporting period was CNY 1,172,209,297.19, slightly down from CNY 1,175,768,960.35 at the beginning of the period[158]. - The total current assets rose to CNY 1,577,527,153.28 from CNY 1,370,083,604.21, indicating an increase of about 15.1%[152]. - The total amount of guarantees provided by the company does not exceed 50% of its net assets[114]. Investments and Acquisitions - The company invested 450 million yuan in Heilongjiang Harbin Graphite Technology Co., acquiring a 20% stake to expand into new energy negative materials[52]. - The company acquired a 70% stake in Ningbo Keli Electric Technology Co., Ltd. for ¥400 million and invested ¥1,777.78 million in the same company[68]. - The company has a total investment of RMB 38 million in the commercial professional pump industrialization project, with RMB 11.99 million (31.56%) already utilized[71]. - The company has established a market department to strengthen marketing strategies and expand its customer base, particularly in North America and Europe[53]. Market and Product Development - The company remains a leading domestic manufacturer of household water pumps, with over 800 product specifications and international certifications[27]. - The company exports over 98% of its products, primarily using ODM and OEM sales models[33]. - The company is focused on expanding its international market presence while maintaining its core business in household water pumps[30]. - The company is actively developing new products, including lithium battery direct current series and intelligent control pumps, to meet diverse customer needs[54]. - The company achieved a significant export growth rate of 15.70% in June 2022, indicating resilience in the face of global challenges[38]. Financial Management and Risks - The company has implemented measures such as futures trading to mitigate risks from raw material price volatility, but rapid price changes could adversely affect profits if sales prices cannot be adjusted in time[81]. - The company faces risks from global economic fluctuations, particularly due to the impact of the Russia-Ukraine conflict and COVID-19[74]. - The company is subject to a 13% export tax rebate rate for its pump products as of June 30, 2022, which may change based on future government policies[75]. - The company has voluntarily given up its high-tech enterprise tax rate benefits, which could negatively impact future earnings if it fails to requalify[77]. Corporate Governance and Compliance - The company held its first extraordinary shareholders' meeting on March 16, 2022, where several key resolutions were passed, including the use of surplus raised funds for working capital[86]. - The company has committed to ensuring that the conditions for employee stock incentives are linked to the execution of compensation measures[103]. - The controlling shareholder has committed to complete and detailed disclosure of related party transactions, ensuring no undisclosed transactions exist[96]. - The company has established a plan to ensure compliance with related party transaction regulations and to avoid any potential conflicts of interest[96]. Shareholder Information - The company distributed cash dividends of CNY 39.13 million and increased its total share capital to 365,189,503 shares after the rights issue[21]. - The total number of shares increased to 365,190,844 after the conversion of 1,549,943 shares from the "Junhe Convertible Bonds" as of June 30, 2022[124]. - The largest shareholder, Ningbo Junhe Investment Holding Co., Ltd., holds 147,086,055 shares, representing 40.28% of the total shares[132]. - The company has a total of 8,092,486 shares under non-public offering restrictions held by Zhang Junbo, which will be available for trading on June 6, 2023[134]. Future Outlook - The company plans to continue expanding its market presence, focusing on new product development and technological advancements[175]. - Future outlook remains positive, with management expressing confidence in achieving long-term growth targets despite market challenges[102]. - The company is exploring potential mergers and acquisitions to bolster its market position and drive growth[175].

Financial Performance - The company's operating revenue for 2021 was ¥975,365,389.63, representing a 32.15% increase compared to ¥738,097,199.48 in 2020[24]. - The net profit attributable to shareholders decreased by 5.08% to ¥92,366,652.22 from ¥97,305,979.41 in the previous year[24]. - The total assets increased by 56.66% to ¥2,109,520,531.34 from ¥1,346,597,344.00 in 2020[26]. - The net assets attributable to shareholders grew by 76.73% to ¥1,273,144,103.57 compared to ¥720,374,708.82 in the previous year[26]. - Basic earnings per share decreased by 8.16% to ¥0.45 from ¥0.49 in 2020[25]. - The weighted average return on equity fell to 11.86%, down from 14.67% in the previous year, a decrease of 2.81 percentage points[25]. - The company's gross profit margin decreased by 2.89% due to rising raw material prices and increased operational costs[35]. - The company reported a total revenue of 1,370.48 million CNY for the year 2021, representing a significant increase compared to the previous year[159]. - The net profit attributable to shareholders was 628.13 million CNY, showing a growth of 43.4% year-over-year[159]. Cash Flow and Investments - The net cash flow from operating activities dropped significantly by 165.03% to -¥88,746,183.95, primarily due to increased payments for raw materials and labor costs[24]. - The company's investment activities resulted in a net cash outflow of -¥428,961,389.42, an increase of 82.04% compared to -¥235,673,491.77 in the previous year[77]. - The company’s R&D expenses increased by 10.29% to ¥30,266,107.81, reflecting its commitment to innovation[77]. - The company plans to use idle raised funds for temporary liquidity support and to purchase financial products[170]. Market and Sales Performance - The company reported a significant increase in sales orders due to rising market demand, contributing to the revenue growth[25]. - The production volume of water pumps reached 5.44 million units, a year-on-year increase of 34.26%[39]. - The company secured a backlog of orders amounting to 500 million yuan, an increase of 18.76% compared to the previous year[39]. - The company’s online sales increased by 125.14%, achieving sales of 9.12 million yuan[39]. - The company achieved a main business revenue of ¥975,365,389.63, representing a year-on-year growth of 32.15%[80]. Corporate Governance - The board of directors and supervisory board confirm the authenticity, accuracy, and completeness of the annual report[3]. - The company has established a comprehensive internal control management system to ensure effective financial reporting and compliance with regulations[152]. - The company’s governance structure includes a board of directors with 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[146]. - The company has taken steps to ensure the independence of its operations from its controlling shareholder, with no instances of non-operational fund occupation reported[145]. Risk Management - The company has outlined potential risks in the report, urging investors to pay attention to investment risks[10]. - The company has implemented measures to mitigate exchange rate risks, including settling transactions in RMB with key clients and engaging in forward foreign exchange contracts[141]. - The company currently benefits from a 13% export tax rebate rate for its water pump products, which could be adversely affected by future policy changes[134]. Research and Development - The company holds 176 domestic patents and 22 foreign patents, showcasing its strong R&D capabilities[69]. - The company is increasing its R&D investment to enhance its innovation capabilities, including the establishment of a national-level CNAS laboratory and research institute[129]. - The company has invested 15 million CNY in R&D for new product development in 2021, focusing on innovative pump technologies[162]. Production and Operations - The company has completed the construction of its smart industrial park, which is expected to alleviate long-standing capacity bottlenecks[38]. - The company has a complete industrial chain, which helps ensure timely supply and product quality[75]. - The company aims to increase its production capacity by 20% in the next fiscal year to meet growing demand[162]. Shareholder Relations and Dividends - The company plans to distribute a cash dividend of RMB 1.50 per 10 shares (including tax) and to increase capital by 4 shares for every 10 shares held, resulting in a total cash dividend of approximately RMB 38.9 million and a capital increase of 103.7 million shares[5]. - The company’s cash dividend policy prioritizes cash distributions, with a minimum of 80% of profits allocated for cash dividends during mature phases without major capital expenditures[186]. - The company plans to distribute cash dividends of no less than 30% of the average annual distributable profits over the three years from 2019 to 2021[187]. Employee Management - The company has a total of 1,108 employees, with 150 in the parent company and 958 in major subsidiaries[180]. - The company has established a training plan to enhance employee skills and management capabilities, with a focus on various operational areas[183]. - The company’s labor contracts comply with relevant laws, providing employees with various insurance benefits and housing funds[182].

2022 年第一季度报告 证券代码：603617 证券简称：君禾股份 债券代码：113567 债券简称：君禾转债 君禾泵业股份有限公司 2022 年第一季度报告 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个别及连带责任。 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报表 信息的真实、准确、完整。 (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减 | | --- | --- | --- | | | | 变动幅度(%) | | 营业收入 | 238,089,704.63 | 8.36 | | 归属于上市公司股东的净利润 | 22,241,309.28 | -29.92 | | 归属于上市公司股东的扣除非经常 | 19,174,307.03 | -15.91 | | 性损益的净利润 | ...

证券代码：603617 证券简称：君禾股份 公告编号：2021-084 债券代码：113567 债券简称：君禾转债 君禾泵业股份有限公司 关于参加"宁波辖区2021年度上市公司投资者网上 集体接待日主题活动"的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强辖区上市公司与投资者特别是中小投资者的沟通交流，增强上 市公司的透明度，提升公司治理水平，促进公司规范运作。在宁波证监局指导下， 宁波上市公司协会将联合深圳市全景网络有限公司共同举办"心系投资者携手共 行动"——宁波辖区 2021 年度上市公司投资者网上集体接待日主题活动。活动 于 2021 年 11 月 18 日下午 15:00-17:00 举 行 ， 平 台 登 陆 地 址 为 ： http://www.p5w.net。 届时，君禾泵业股份有限公司董事兼总经理张君波先生、董事会秘书兼财务 总监蒋良波先生将通过网络在线交流形式参加本次活动，就公司治理、发展战略、 经营状况、可持续发展等投资者所关心的问题，与投资者进行沟通与交流。欢迎 广大投资者踊跃 ...

2021 年第三季度报告 证券代码：603617 证券简称：君禾股份 债券代码：113567 债券简称：君禾转债 君禾泵业股份有限公司 2021 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个别及连带责任。 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 告中财务报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 注:"本报告期"指本季度初至本季度末 3 个月期间，下同。 一、 主要财务数据 (二)非经常性损益项目和金额 (一)主要会计数据和财务指标 1 / 17 单位：元 币种：人民币 | 项目 | 本报告期金额 | 年初至报告期末 | 说明 | | --- | --- | --- | --- | | | | 金额 | | | 非流动性资产处置 | | | | | 损益（包括已计提 | -2,086,928.4 ...

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥415.58 million, representing a 20.87% increase compared to ¥343.82 million in the same period last year[18]. - The net profit attributable to shareholders of the listed company was approximately ¥55.38 million, an increase of 10.77% from ¥49.99 million in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥42.26 million, reflecting a 6.53% increase from ¥39.67 million in the same period last year[18]. - Basic earnings per share increased by 12.00% to CNY 0.28 compared to CNY 0.25 in the same period last year[19]. - The total profit for the first half of 2021 was CNY 62,113,442.64, compared to CNY 57,935,111.98 in the same period of 2020, reflecting a growth of 7.5%[190]. - The company reported a net profit margin improvement, with net profit for the first half of 2021 expected to be higher than in the previous year, although specific figures were not disclosed[186]. Cash Flow and Assets - The net cash flow from operating activities was approximately ¥48.92 million, a decrease of 45.30% compared to ¥89.43 million in the previous year[18]. - The company's cash and cash equivalents increased to RMB 477,683,769.54 from RMB 421,121,722.37 as of December 31, 2020, reflecting a growth of approximately 13.4%[178]. - The company's inventory rose to RMB 231,498,206.98, up from RMB 175,121,034.40, indicating an increase of about 32.2%[178]. - The total current liabilities increased to RMB 583,565,868.40 from RMB 454,732,384.90, representing a rise of approximately 28.3%[179]. - The company reported a net increase in cash and cash equivalents of RMB 40,874,687.84, compared to RMB 159,127,805.16 in the first half of 2020[195]. Market Position and Strategy - The company maintains a leading position in the domestic household water pump market, ranking third in export delivery value in 2016 and second in 2017 and 2018[26]. - The company primarily sells its products to international markets, with over 98% of sales being exports, utilizing ODM and OEM models for production[34]. - The company plans to continue focusing on the ODM model to develop new products with independent intellectual property rights for mid-to-high-end customers in Europe and the United States[35]. - The household pump market is characterized by high replacement frequency, with customers typically replacing products every 1-2 years, driving stable demand growth[42]. - The company is actively exploring new markets in North America and Asia-Pacific to reduce reliance on the European market[89]. Research and Development - The company holds 186 domestic patents, including 16 invention patents, and 22 foreign patents, showcasing its strong research and development capabilities[48]. - The company is actively developing new products, including lithium battery-powered pumps and intelligent control systems, to meet diverse customer needs[61]. - The company is investing 200 million in R&D for new technologies aimed at enhancing user experience and operational efficiency[120]. Corporate Governance and Compliance - The company has ensured that all related party transactions are fully disclosed in accordance with regulatory requirements, with no undisclosed transactions existing at the time of reporting[109]. - The company has committed to maintaining fair and reasonable pricing for any unavoidable related transactions, adhering to market-recognized pricing standards[109]. - The company has established a framework for managing related transactions to protect the rights of shareholders and ensure compliance with legal standards[109]. - The company has committed to timely disclosure of related party transactions in accordance with regulatory procedures[128]. Future Outlook - The company provided a future outlook with a revenue guidance of 1.8 billion for the next quarter, indicating a projected growth of 12%[118]. - Market expansion plans include entering three new international markets by Q4 2021, targeting a 10% market share in each[116]. - The company is considering strategic acquisitions to bolster its position in the market, with potential targets identified[122].

Financial Performance - Net profit attributable to shareholders was CNY 31,737,652.19, representing an increase of 89.63% year-on-year[4]. - Operating revenue for the period was CNY 219,728,455.70, reflecting a growth of 46.70% compared to the same period last year[4]. - Basic and diluted earnings per share were both CNY 0.16, a rise of 77.78% year-on-year[6]. - The weighted average return on equity increased to 4.31%, up by 114.39% from the previous year[6]. - The company reported a significant increase in investment income, rising 773.73% to CNY 1,305,500.00 due to increased forward foreign exchange settlement gains[13]. - Operating profit for Q1 2021 reached CNY 36,998,632.16, up from CNY 20,341,756.28 in Q1 2020, representing an increase of 82.0%[30]. - Net profit for Q1 2021 was CNY 31,737,652.19, compared to CNY 16,736,457.09 in Q1 2020, reflecting an increase of 89.8%[30]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,379,163,559.46, an increase of 2.42% compared to the end of the previous year[4]. - Current assets totaled ¥889,981,974.05, down from ¥903,326,869.10, indicating a decrease of about 1.9%[21]. - Total liabilities stood at ¥626,526,382.45, slightly up from ¥626,222,635.18, indicating a marginal increase[22]. - Total equity increased to ¥752,637,177.01 from ¥720,374,708.82, reflecting a growth of about 4.5%[22]. - Total liabilities as of the end of Q1 2021 were CNY 682,283,103.81, compared to CNY 676,161,112.49 at the end of Q1 2020[27]. - The company reported a decrease in accounts payable to ¥125,895,585.13 from ¥164,882,261.72, a decline of approximately 23.6%[21]. Cash Flow - The net cash flow from operating activities was negative at CNY -11,954,212.91, a decrease of 140.96% compared to the previous year[4]. - The company generated cash inflows from financing activities totaling 388,000,000.00 RMB in Q1 2021, up from 319,631,000.00 RMB in Q1 2020[40]. - The company reported a net cash outflow from operating activities of ¥11,954,212.91, compared to a net inflow of ¥29,185,066.87 in Q1 2020[36]. - Cash outflows from investing activities were significantly reduced to 4,270,559.19 RMB in Q1 2021 from 285,636,442.54 RMB in Q1 2020, resulting in a net cash flow from investing activities of 17,569,651.74 RMB[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 8,024[11]. - The largest shareholder, Ningbo Junhe Investment Holding Co., Ltd., held 52.67% of the shares, amounting to 105,061,468 shares[11]. - The company implemented a cash dividend distribution of CNY 1.60 per 10 shares during the previous year[6]. Operational Highlights - The operating costs increased by 52.88% to CNY 173,710,791.68, driven by the increase in sales revenue[13]. - The company’s cash received from sales of goods and services increased by 61.01% to CNY 313,144,405.78, reflecting improved cash collection[13]. - Research and development expenses for Q1 2021 were CNY 5,813,588.08, slightly up from CNY 5,715,660.49 in Q1 2020[29]. - The company plans to expand its product categories and enhance production technology through a non-public offering of A-shares, which has been approved by the China Securities Regulatory Commission[15].

Financial Performance - The company's operating revenue for 2020 was approximately ¥738.1 million, representing a year-over-year increase of 9.72% compared to ¥672.7 million in 2019[22]. - Net profit attributable to shareholders for 2020 was approximately ¥97.3 million, a significant increase of 29.66% from ¥75.0 million in 2019[22]. - The net cash flow from operating activities increased by 97.93% to approximately ¥136.5 million, compared to ¥68.9 million in the previous year[25]. - Total assets grew by 47.56% year-over-year, reaching approximately ¥1.35 billion, up from ¥912.5 million in 2019[24]. - The basic earnings per share for 2020 was ¥0.49, reflecting an increase of 28.95% from ¥0.38 in 2019[23]. - The diluted earnings per share for 2020 was ¥0.46, which is a 21.05% increase compared to ¥0.38 in 2019[24]. - The weighted average return on equity increased to 14.67% in 2020, up from 13.48% in 2019, marking an increase of 1.19 percentage points[24]. - The total profit amounted to 111.67 million RMB, with a year-on-year increase of 27.98%[68]. - The company achieved operating revenue of 738.10 million yuan, a year-on-year increase of 9.72%[56]. - The company reported a significant increase in sales collections, tax refunds, and government subsidies contributing to the cash flow growth[25]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 3.00 per 10 shares, totaling RMB 59,838,062.10 (including tax) based on a total share capital of 199,460,207 shares as of December 31, 2020[5]. - The company distributed a cash dividend of ¥1.60 per 10 shares to shareholders, along with a capital reserve increase of 4 shares for every 10 shares held[25]. - The cash dividend for 2020 was set at 3.00 CNY per share, with a total distribution of 59,838,062.10 CNY, representing 61.49% of the net profit attributable to shareholders[140]. - The company has established a profit distribution policy ensuring that cash dividends will not be less than 10% of the distributable profits each year[136]. - For the period from 2019 to 2021, the company plans to distribute cash dividends totaling no less than 30% of the average annual distributable profits over the three years[138]. - The company prioritizes cash dividends over stock dividends when conditions for cash distribution are met[136]. Audit and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[4]. - The company has confirmed that all directors attended the board meeting, ensuring accountability for the report's accuracy[3]. - The company has not disclosed any significant risks that could affect the authenticity and completeness of the annual report[8]. - The company has ensured that its financial statements accurately reflect its financial status and comply with relevant laws and regulations[172]. - The company has not faced any risks of suspension or termination of its listing during the reporting period[179]. Market Position and Strategy - The company is a leading domestic manufacturer of household water pumps, focusing on R&D, design, manufacturing, and sales since its establishment in 2003, with over 800 product specifications[34]. - The company ranked 3rd in export delivery value in 2016 and 2nd in 2017 and 2018, establishing itself as a leading exporter in the household water pump industry[34]. - The company maintains a high export ratio of over 98%, primarily utilizing ODM and OEM sales models for international markets[38]. - The company plans to expand its product offerings by developing new generation household and agricultural pumps, leveraging its technological and brand advantages[39]. - The company has established long-term cooperative relationships with major suppliers to ensure the quality and stability of material supply[36]. - The company aims to enhance its production efficiency and product quality to become a globally recognized brand in the household pump industry[115]. Research and Development - The company invested 27.44 million RMB in R&D, marking a 26.22% increase from the previous year[70]. - The company holds 195 domestic patents and 22 foreign patents, demonstrating strong R&D capabilities and innovation in the household water pump sector[51]. - The company is increasing its R&D investment to improve its independent innovation capabilities and develop smart, modular, and portable pump products[118]. - The company has committed to ensuring that its compensation system is linked to the execution of recovery measures[159]. Related Party Transactions - The company has ensured that there are no undisclosed related party transactions that should be disclosed according to laws and regulations[146]. - The company will avoid related party transactions as much as possible, and any unavoidable transactions will be conducted on an equal and voluntary basis at fair market prices[146]. - The company has committed to avoiding any related party transactions that could harm its interests, ensuring compliance with regulatory requirements[162]. Risk Management - The report includes a risk statement regarding forward-looking statements, emphasizing that future plans do not constitute a substantive commitment to investors[6]. - The company has not violated decision-making procedures for external guarantees[7]. - There are no non-operating fund occupations by controlling shareholders or related parties reported[7]. - The company has committed to maintaining sufficient statutory reserves and surplus reserves before distributing dividends[146]. Corporate Governance - The company has established a plan to stabilize its stock price if it falls below 120% of the net asset value per share for five consecutive trading days[148]. - The controlling shareholders and senior management are required to actively cooperate with the stabilization plan and ensure compliance with regulations[149]. - The company has issued commitments to avoid any competition with its own business by its controlling shareholders and senior management[159]. Social Responsibility - The company emphasizes its commitment to social responsibility, aligning with international standards from Europe, North America, and Australia[199]. - The company actively supports local economic development through job creation and compliance with tax regulations[200]. - The company engages in various social responsibility initiatives, including poverty alleviation and educational development[200].

Financial Performance - Net profit attributable to shareholders rose by 26.60% to CNY 68,802,401.73 for the first nine months of the year[4] - Operating revenue for the first nine months increased by 3.36% to CNY 486,173,324.01 compared to the same period last year[4] - Basic earnings per share increased by 25.93% to CNY 0.34 per share[5] - Total revenue for Q3 2020 reached ¥142,350,316.13, a 34.3% increase compared to ¥105,907,460.65 in Q3 2019[24] - Operating profit for Q3 2020 was ¥20,732,619.99, up 44.5% from ¥14,382,361.38 in Q3 2019[25] - Net profit for Q3 2020 was ¥18,809,812.24, representing a 47.5% increase from ¥12,751,433.45 in Q3 2019[25] - The total profit for the first three quarters of 2020 was ¥64.9 million, down from ¥69.9 million in the same period of 2019[28] Assets and Liabilities - Total assets increased by 31.95% to CNY 1,204,125,093.65 compared to the end of the previous year[4] - Total liabilities were CNY 514,427,607.17, compared to CNY 320,906,052.89 at the end of 2019, marking an increase of around 60%[18] - Total assets as of Q3 2020 amounted to ¥1,258,972,933.73, compared to ¥899,663,765.43 in the same period last year, reflecting a growth of 39.9%[22] - Total liabilities increased to ¥643,649,689.90 in Q3 2020, up from ¥370,313,677.10 in Q3 2019, marking a rise of 73.6%[22] - The company's equity increased to CNY 689,697,486.48 from CNY 591,640,888.51, showing a growth of about 17%[18] - The company's total equity reached ¥615,323,243.83 in Q3 2020, up from ¥529,350,088.33 in Q3 2019, indicating a growth of 16.3%[22] Cash Flow - Net cash flow from operating activities increased by 43.28% to CNY 133,423,975.65 for the first nine months[4] - The net cash flow from operating activities for the first three quarters of 2020 was CNY 133,423,975.65, an increase of 43.3% compared to CNY 93,121,409.38 in the same period of 2019[30] - Cash inflow from financing activities reached CNY 361,001,743.00, compared to CNY 143,119,725.00 in 2019, marking an increase of 152.1%[31] - The total cash and cash equivalents at the end of the period stood at CNY 442,334,130.73, up from CNY 258,672,633.05 in the same period last year, representing a growth of 71.0%[31] Investments and Expenses - Research and development expenses for Q3 2020 were ¥8,139,593.74, a significant increase of 74.5% compared to ¥4,671,781.29 in Q3 2019[24] - The company plans to continue investing in R&D to enhance product offerings and market competitiveness[29] - The company reported a financial expense of ¥4.5 million in Q3 2020, compared to a financial income of ¥3.2 million in Q3 2019[28] Shareholder Information - The largest shareholder, Ningbo Junhe Investment Holding Co., Ltd., holds 52.67% of the shares[9] - The company distributed cash dividends totaling CNY 22,800,736 and increased capital reserves by 57,001,840 shares[5] Strategic Outlook - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[20] - Future outlook includes potential strategies for mergers and acquisitions to strengthen market position and drive growth[39]