Financial Performance - In 2021, the company's operating revenue reached ¥2,683,957,096.37, an increase of 18.99% compared to ¥2,255,624,478.24 in 2020[23]. - The net profit attributable to shareholders was ¥469,761,712.53, a decrease of 8.97% from ¥516,077,211.55 in 2020[23]. - The net profit after deducting non-recurring gains and losses was ¥445,746,858.10, down 12.30% from ¥508,262,878.35 in 2020[26]. - The net cash flow from operating activities was ¥207,436,366.74, a decline of 38.00% compared to ¥334,587,363.71 in 2020[26]. - The company's total assets increased by 20.77% to ¥4,482,700,302.07 at the end of 2021, up from ¥3,711,912,271.13 at the end of 2020[26]. - The basic earnings per share decreased by 9.68% to ¥0.56 in 2021, compared to ¥0.62 in 2020[26]. - The weighted average return on equity dropped by 5.33 percentage points to 17.87% in 2021 from 23.2% in 2020[26]. - The company achieved operating revenue of 2,683.96 million RMB in 2021, representing a year-on-year growth of 18.99%[90]. - Operating profit for the year was 542.39 million RMB, a decrease of 9.36% compared to the previous year[90]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 445.75 million RMB, a decrease of 12.3% from the previous year[90]. Dividend Distribution - The company plans to distribute a cash dividend of 1.2 RMB per 10 shares, totaling approximately 100,987,020.24 RMB based on a total share capital of 841,558,502 shares as of December 31, 2021[6]. - The company plans to implement a three-year dividend return plan from 2021 to 2023[186]. - The company plans to distribute a cash dividend of RMB 2.50 per 10 shares, totaling RMB 33 million for the fiscal year ending June 30, 2015[194]. - For the fiscal year 2016, the company approved a cash dividend of RMB 3.00 per 10 shares, amounting to RMB 52.8 million[195]. - In 2017, the company declared a cash dividend of RMB 2.50 per 10 shares, totaling RMB 44 million, and increased total shares to 260,480,000 through a capital reserve conversion[198]. - The company announced a cash dividend of RMB 2.00 per 10 shares for the fiscal year 2018, totaling RMB 52.096 million, while increasing total shares to 385,510,400 through capital reserve conversion[199]. - For the fiscal year 2019, the company approved a cash dividend of RMB 1.70 per 10 shares, amounting to RMB 70.205 million, and increased total shares to 598,809,616[200]. - In 2020, the company declared a cash dividend of RMB 0.18 per share, totaling RMB 108.2 million, and increased total shares to 841,558,502 through capital reserve conversion[200]. Risk Management - The company has not identified any significant risks that could materially affect its operations during the reporting period[8]. - The company has not faced any substantial risks that could impact its production and operations during the reporting period[8]. - The company does not have any non-operating fund occupation by controlling shareholders or related parties[8]. - There are no violations of decision-making procedures regarding external guarantees[8]. - The company acknowledges risks related to macroeconomic cycles, market competition, and the need to maintain technological leadership to ensure future growth[156]. Corporate Governance - The board of directors and supervisory board members have confirmed the authenticity, accuracy, and completeness of the annual report[4]. - The company has established a comprehensive corporate governance structure to ensure compliance with legal regulations and protect the rights of minority shareholders[158]. - The company has undergone a board restructuring, electing new directors and supervisors during the reporting period[175]. - The company has maintained a consistent approach to remuneration based on its established compensation management system[175]. - The company has a diverse board composition, including independent directors with extensive industry experience[175]. - The company continues to focus on enhancing its governance structure to align with best practices in corporate management[175]. Research and Development - The company is committed to enhancing its R&D capabilities by collaborating with domestic and international research institutions to develop high-value, high-tech hydraulic products[42]. - The company has established a dedicated R&D team for industrial multi-axis robots and hard alloy products, aiming to diversify its product offerings[44]. - Research and development expenses increased by 27.09% to ¥133,872,377.22 from ¥105,340,455.13, emphasizing the company's commitment to R&D[104]. - The total R&D expenditure accounted for 4.99% of the operating revenue, indicating a strong focus on innovation[105]. - The company is focused on attracting external talent by offering competitive compensation and establishing clear career development pathways for core and key personnel[151]. - The company plans to strengthen its existing R&D department to ensure it remains at the forefront of hydraulic technology and product development[148]. Market Position and Strategy - The domestic excavator market is projected to experience steady growth, driven by ongoing fixed asset investment demand[34]. - The company aims to increase its market share in high-end hydraulic components, which are currently largely imported[36]. - The company is intensifying its marketing efforts in the hydraulic parts aftermarket and expanding its customer base in the main engine market by collaborating with well-known manufacturers[41]. - The company aims to adjust procurement and marketing strategies in response to fluctuations in raw material prices, particularly steel, to maintain gross margin stability[40]. - The company intends to launch multiple new products annually while enhancing its after-sales service system to increase product influence in existing markets[152]. - The company aims to deepen cooperation with well-known domestic excavator manufacturers and expand partnerships with domestic engineering machinery sales networks to strengthen its market position[152]. Employee Composition and Management - The company had a total of 2,496 employees, with 1,442 in the parent company and 1,054 in major subsidiaries[188]. - The employee composition includes 1,663 production and sales personnel, 365 technical staff, 22 financial personnel, and 305 administrative staff[188]. - The educational background of employees shows 30 with postgraduate degrees, 352 with bachelor's degrees, 661 with associate degrees, and 1,453 with other qualifications[190]. - The company acknowledges the need for a skilled workforce and plans to establish a comprehensive talent development system to foster a collaborative and innovative team[149]. - The company plans to enhance its internal talent development mechanism, focusing on training and expanding the scope of professional technical personnel, with a goal of improving management and sales team capabilities[151]. Sales and Market Trends - In 2021, excavator sales reached 342,784 units, a 4.6% increase from 2020, driving demand for hydraulic breakers and related products[47]. - The domestic hydraulic breaker market has seen a significant rise in competition, with domestic brands increasing their market share due to improved technology and production capabilities[53]. - The hydraulic breaker industry in China is experiencing significant growth, with domestic companies focusing on high-quality products and efficient after-sales service to expand market share[54]. - The hydraulic components industry in China has developed a specialized production system, meeting the needs of downstream industries, but faces a structural shortage of high-end hydraulic components[55][58]. - The market for high-end hydraulic components is dominated by a few companies like Bosch Rexroth and Kawasaki Heavy Industries, with domestic companies gradually breaking this monopoly[60]. - Recent years have seen a rapid increase in the market share of domestic high-end hydraulic components, driven by improved product quality and competitiveness[59]. Financial Health and Investments - The company's cash and cash equivalents decreased by 57.38% to ¥258,281,981.75, primarily due to funds used for equipment purchases[109]. - Accounts receivable financing increased by 52.82% to ¥204,270,061.01, attributed to the expansion of the company's sales scale[109]. - Inventory increased by 33.30% to ¥829,138,727.41, reflecting the growth in sales volume[109]. - The company's total assets include ¥641,586,551.43 in construction in progress, a 301.19% increase due to factory investments[109]. - Long-term borrowings increased by 260.16% to ¥180,166,328.19, primarily due to increased bank loans[110]. - The company's total equity increased by 40.54% to ¥841,558,502.00, resulting from capital reserves being converted into share capital[110].

Financial Performance - The company's operating revenue for Q1 2022 was ¥615,497,715.42, representing a decrease of 31.22% compared to the same period last year[6]. - Net profit attributable to shareholders was ¥72,333,701.70, down 63.07% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥69,416,337.50, a decrease of 64.40%[6]. - Basic and diluted earnings per share were both ¥0.09, down 62.50% year-on-year[6]. - The total comprehensive income attributable to the parent company's owners for Q1 2022 was ¥72,333,701.70, a decrease of 63.16% compared to ¥195,850,969.61 in Q1 2021[28]. - Total operating income for Q1 2022 was ¥84,109,112.56, significantly lower than ¥227,297,583.78 in Q1 2021, reflecting a decline of 63.01%[28]. - The net profit for Q1 2022 was ¥72,333,701.70, a decrease of 63.06% from ¥195,850,969.61 in Q1 2021[28]. Cash Flow - The net cash flow from operating activities was negative at ¥34,677,658.48, reflecting a significant decline of 795.42% compared to the previous year[6]. - Cash flow from operating activities for Q1 2022 was negative at -¥34,677,658.48, compared to a positive cash flow of ¥4,986,584.05 in Q1 2021[28]. - The company reported a total cash inflow from operating activities of ¥371,287,982.07 in Q1 2022, down from ¥409,750,692.81 in Q1 2021[28]. - Cash outflow from operating activities in Q1 2022 was ¥405,965,640.55, slightly higher than ¥404,764,108.76 in Q1 2021[28]. - The company incurred financial expenses of ¥5,271,028.61 in Q1 2022, compared to ¥2,857,834.67 in Q1 2021, indicating an increase of 84.56%[28]. - The company’s investment activities resulted in a net cash outflow of -¥46,693,754.63 in Q1 2022, compared to -¥279,249,502.95 in Q1 2021[30]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,552,055,721.04, an increase of 1.55% from the end of the previous year[8]. - Total current assets amounted to CNY 2,049,350,581.41, slightly up from CNY 2,032,467,334.53 as of December 31, 2021[18]. - Total assets reached CNY 4,552,055,721.04, compared to CNY 4,482,700,302.07 at the end of 2021, reflecting a growth of 1.6%[22]. - Short-term borrowings increased to CNY 215,242,027.72 from CNY 205,287,630.14, marking a rise of 0.5%[21]. - Total liabilities decreased to CNY 1,653,831,785.30 from CNY 1,661,823,558.01, a decline of 0.5%[21]. - The company's equity attributable to shareholders rose to CNY 2,898,223,935.74 from CNY 2,820,876,744.06, an increase of 2.7%[23]. Shareholder Information - The company reported a total of 14,657 common shareholders at the end of the reporting period[11]. - The top three shareholders held a combined 58.14% of the company's shares, with FENG XIAO HONG holding 23.25%[11]. Operational Costs and Expenses - Total operating costs for Q1 2022 were CNY 528,596,842.98, down 19.6% from CNY 657,426,679.54 in Q1 2021[23]. - Research and development expenses for Q1 2022 were CNY 25,665,137.41, down 17.5% from CNY 31,158,457.46 in Q1 2021[23]. - The company reported a net profit margin decline due to increased operational costs and reduced revenue, impacting future outlook[23]. Government Subsidies - The company received government subsidies amounting to ¥3,466,501.35, which are closely related to its normal business operations[9]. Cash and Cash Equivalents - The company's cash and cash equivalents decreased by 55.50%, primarily due to the settlement of bank acceptance bills[9]. - The cash and cash equivalents at the end of Q1 2022 were ¥51,084,135.91, down from ¥228,210,030.04 at the end of Q1 2021[30].

证券代码：603638 证券简称：艾迪精密 公告编号：2021-059 烟台艾迪精密机械股份有限公司 关于参加山东辖区上市公司 2021 年度投资者 网上集体接待日活动的公告 | --- | |--------------------------------------------------------------| | | | 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。 | 为进一步加强与投资者的互动交流工作，构建和谐投资者关系， 切实提高上市公司透明度、规范运作和治理水平，烟台艾迪精密机械 股份有限公司（以下简称"公司"）定于2021年11月16日（星期二） 下午14:00-16:00参加山东上市公司协会举办的"山东辖区上市公司 2021年度投资者网上集体接待日"活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过网上平台采取网络远程 的方式举行，活动网址：全景·路演天下http://rs.p5w.net。投资 者可以登录活动网址参与本次活动。 届时公司副总经理、董事会秘书李娇云先 ...

Revenue and Profit - Q3 2021 revenue was CNY 480,262,889.27, a decrease of 6.52% year-over-year, while year-to-date revenue reached CNY 2,124,485,822.01, an increase of 32.11%[6] - Net profit attributable to shareholders for Q3 2021 was CNY 48,352,431.87, down 61.83% year-over-year, with a year-to-date net profit of CNY 385,511,210.97, a decrease of 8.40%[6] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.06, reflecting a 60.00% decline compared to the same period last year[8] - The total operating revenue for the first three quarters of 2021 was RMB 2,124,485,822.01, an increase from RMB 1,608,067,015.05 in the same period of 2020, representing a growth of approximately 32%[27] - Total profit for the current period was CNY 443,006,187.14, down from CNY 490,662,007.92 in the previous period, reflecting a decline of approximately 9.7%[30] - Net profit for the current period was CNY 385,511,210.97, compared to CNY 420,851,060.66 in the previous period, representing a decrease of about 8.4%[30] - Basic and diluted earnings per share for the current period were both CNY 0.46, down from CNY 0.50 in the previous period[32] Assets and Liabilities - Total assets as of the end of the reporting period were CNY 4,322,252,248.13, an increase of 16.44% from the end of the previous year[8] - The company's total assets as of September 30, 2021, were RMB 4,322,252,248.13, up from RMB 3,711,912,271.13 at the end of 2020, marking an increase of about 16%[25] - The total liabilities as of September 30, 2021, were RMB 1,579,653,053.74, compared to RMB 1,264,154,501.05 at the end of 2020, representing an increase of approximately 25%[25] - Total assets amounted to 3,711,912,271.13 RMB, slightly down from 3,719,031,553.14 RMB, indicating a decrease of about 0.2%[45] - The total liabilities were reported at 1,264,154,501.05 RMB, compared to 1,271,273,783.06 RMB, showing a reduction of approximately 0.6%[45] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,264, with no preferred shareholders[12] - The top three shareholders held a combined 58.13% of the company’s shares, indicating a concentrated ownership structure[13] - The company's total equity attributable to shareholders was CNY 2,742,599,194.39, up 12.05% from the previous year[8] - The company's equity attributable to shareholders increased to RMB 2,742,599,194.39 from RMB 2,447,757,770.08, representing a growth of approximately 12%[27] Cash Flow and Investments - Cash flow from operating activities for the year-to-date period was CNY 212,483,041.77, down 12.57% year-over-year[6] - Cash inflow from operating activities totaled CNY 1,517,617,093.78, an increase from CNY 1,071,554,396.48 in the previous period[36] - Cash outflow from operating activities was CNY 1,305,134,052.01, compared to CNY 828,520,946.26 in the previous period, indicating an increase of about 57.4%[36] - Investment cash inflow for the current period was CNY 15,239,656.23, down from CNY 20,710,643.83 in the previous period[36] - Cash paid for the purchase of fixed assets and intangible assets was CNY 502,111,008.91, compared to CNY 443,653,529.11 in the previous period, reflecting an increase of approximately 13%[36] - The net cash flow from investing activities was -508,975,602.68 RMB, compared to -424,121,385.28 RMB in the previous period, indicating a decline of approximately 20.0%[38] - The total cash inflow from financing activities was 334,200,687.39 RMB, down from 398,065,000.00 RMB, representing a decrease of about 16.1%[38] - The net cash flow from financing activities improved to 1,470,904.89 RMB from a negative 50,926,801.60 RMB, showing a significant turnaround[38] Research and Development - The company reported a significant increase in R&D expenses by 117.55%, indicating a strong focus on innovation and development[11] - Research and development expenses for the first three quarters of 2021 were RMB 111,448,539.49, significantly higher than RMB 51,228,509.77 in the same period last year, indicating a growth of approximately 117%[27] Other Financial Metrics - Cash and cash equivalents decreased to RMB 347,641,331.53 from RMB 605,965,914.13 at the end of 2020, a decline of about 43%[19] - Accounts receivable increased to RMB 533,432,849.10 from RMB 489,250,810.61, reflecting a growth of approximately 9%[22] - Inventory levels rose to RMB 831,787,216.91, compared to RMB 622,005,833.13 at the end of 2020, indicating an increase of about 34%[22] - Interest income for the current period was CNY 2,812,486.97, compared to CNY 8,363,194.64 in the previous period, indicating a significant decrease[30] - Other income for the current period was CNY 5,827,194.05, compared to CNY 4,220,480.51 in the previous period, indicating an increase of about 37.9%[30] - The ending balance of cash and cash equivalents decreased to 212,673,418.44 RMB from 553,379,951.05 RMB, reflecting a decline of approximately 61.5%[38]

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥1,644,222,932.74, representing a 50.25% increase compared to ¥1,094,331,580.06 in the same period last year[18]. - Net profit attributable to shareholders of the listed company was ¥337,158,779.10, up 14.61% from ¥294,179,202.32 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥333,032,533.85, reflecting a 13.36% increase from ¥293,791,570.36 year-on-year[18]. - The net cash flow from operating activities amounted to ¥151,720,125.91, which is a 14.68% increase compared to ¥132,299,121.80 in the same period last year[18]. - As of the end of the reporting period, the net assets attributable to shareholders of the listed company were ¥2,683,992,146.69, a 9.65% increase from ¥2,447,757,770.08 at the end of the previous year[18]. - Total assets increased to approximately CNY 4.4 billion, up 18.56% from the previous year[21]. - Basic and diluted earnings per share rose to CNY 0.40, reflecting a 14.29% increase year-over-year[21]. - Operating costs rose to ¥1,046,326,000.76, reflecting a 65.21% increase from ¥633,330,937.19, primarily due to increased sales volume[76]. - Research and development expenses surged by 255.58% to ¥84,595,713.01, up from ¥23,790,884.32, indicating a strong commitment to innovation[76]. Market and Product Development - The company specializes in hydraulic technology, focusing on the development, production, and sales of hydraulic products, including hydraulic demolition tools and components[25]. - Key products include hydraulic breakers, hydraulic pumps, and hydraulic motors, which are essential for construction and mining operations[26]. - The company is committed to continuous innovation in hydraulic technology to enhance product performance and expand market reach[25]. - Future strategies include market expansion and potential mergers and acquisitions to strengthen competitive positioning[25]. - The hydraulic breaker market in China has seen a significant increase in demand, with excavator sales reaching 327,605 units in 2020, a 39% increase from 2019, driving the demand for hydraulic breakers[47]. - The domestic hydraulic breaker market is characterized by low concentration, with over a hundred brands, and domestic brands have significantly increased their market share due to improved product quality and competitiveness[49]. - The company has observed a trend of increasing domestic market share for high-quality hydraulic components, with a notable shift towards domestic production of high-end hydraulic parts[53]. - The company anticipates that hydraulic breakers may become standard equipment for excavators in the future, driven by the increasing importance placed on hydraulic attachments by excavator manufacturers[52]. Operational Strategies - The company utilizes a combination of direct sales and distribution models, allowing for a broad sales network and reduced costs for sales and after-sales service[42]. - The company emphasizes timely supply management and provides training and technical support to distributors to enhance their service capabilities[42]. - The company has established a stable supplier management system to ensure the quality and timely supply of raw materials[37]. - The company has established a production plan based on last year's sales and market conditions, adjusting monthly production plans as needed[41]. - The company is actively adjusting procurement and marketing strategies to mitigate the impact of raw material price fluctuations on profit margins[70]. - The company is focusing on differentiated competition by enhancing the research and production of heavy hydraulic breakers to improve durability and impact capabilities[68]. Subsidiaries and Diversification - The company has four wholly-owned subsidiaries, focusing on hydraulic technology, machinery, robotics, and superhard tools, indicating a diversified business model[86][89]. - The financial performance of the subsidiaries shows a mix of profitability and losses, highlighting potential areas for operational improvement and strategic focus[90][92][96]. - The company is engaged in various sectors including hydraulic machinery, robotics, and metal tools, which may provide opportunities for market expansion and technological advancements[86][91][96]. Shareholder and Governance Information - The company has implemented a restricted stock incentive plan, with relevant resolutions passed on March 1, 2021, and March 17, 2021[107]. - The first grant of the restricted stock incentive plan was completed on April 30, 2021, with registration at the Shanghai branch of China Securities Depository and Clearing Co., Ltd.[107]. - The governance structure includes recent elections for board members and management, ensuring a refreshed leadership team to drive future strategies[103]. - The company’s actual controller and shareholders have made commitments regarding stock holdings, including a lock-up period of three years post-listing[114]. - The total number of common shareholders at the end of the reporting period is 12,870[143]. - The top shareholder, FENG XIAO HONG, holds 195,632,833 shares, representing 23.25% of total shares[143]. Environmental and Compliance - The company is not classified as a key pollutant discharge unit and has complied with environmental standards during the reporting period[110]. - There were no administrative penalties related to environmental issues during the reporting period[110]. - The company has not disclosed any other environmental information or measures taken to reduce carbon emissions during the reporting period[111]. Future Outlook - The company provided an optimistic outlook for the next quarter, projecting a revenue increase of 25% based on current market trends and user engagement[125]. - New product launches are expected to contribute an additional 300 million in revenue over the next six months[126]. - Market expansion plans include entering three new international markets by the end of the fiscal year, which is anticipated to increase market share by 10%[128]. - The company is considering strategic acquisitions to bolster its product portfolio, with potential targets identified in the tech sector[129].

Financial Performance - The company's operating revenue for 2020 was ¥2,255,624,478.24, representing a 56.38% increase compared to ¥1,442,445,005.60 in 2019[26] - The net profit attributable to shareholders for 2020 was ¥516,077,211.55, a 50.82% increase from ¥342,183,960.83 in 2019[26] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 508.26 million, an increase of 52.55% compared to CNY 333.18 million in the previous year[29] - The net cash flow from operating activities reached CNY 334.59 million, reflecting a 73.12% increase from CNY 193.26 million in the prior year[29] - The company's net assets attributable to shareholders increased by 22.30% to CNY 2.45 billion from CNY 2.00 billion at the end of 2019[29] - Total assets grew by 39.44% to CNY 3.71 billion compared to CNY 2.66 billion at the end of 2019[29] - Basic earnings per share rose to CNY 0.8618, a 40.79% increase from CNY 0.6121 in 2019[30] - The weighted average return on equity decreased to 23.20%, down 6.32 percentage points from 29.52% in the previous year[30] - The net profit for the first quarter was CNY 85.94 million, while the second quarter saw a profit of CNY 208.23 million, indicating strong quarterly performance[33] Dividend Policy - The proposed cash dividend for 2020 is ¥1.80 per 10 shares, totaling approximately ¥107,785,730.88, along with a capital reserve transfer of 4 shares for every 10 shares held[6] - The company plans to submit the profit distribution proposal to the shareholders' meeting for approval[6] - The company has a cash dividend policy aimed at providing stable returns to shareholders while expanding its business operations[176] - The company has maintained a consistent approach to profit distribution, with no stock dividends issued in the past three years[185] - The company’s total share capital increased to 598,809,616 shares after the capital reserve transfer in 2020[181] Operational Efficiency - The company does not face any significant operational risks that could materially impact its business during the reporting period[10] - The company has no non-operating fund occupation by controlling shareholders or related parties[8] - The company has maintained a standard unqualified audit opinion from Tianzhi International Accounting Firm[5] - The company improved accounts receivable management, resulting in stable sales collections during the reporting period[30] - The company reported a decrease in financial expenses by 32.10%, attributed to increased interest income from raised funds[98] - The company improved its accounts receivable management, leading to enhanced cash flow despite increased sales[98] Market and Product Development - The sales of the company's main products, hydraulic breakers and hydraulic components, increased significantly due to strong downstream market demand[30] - The company has developed a range of hydraulic demolition tools, including light, medium, and heavy hydraulic breakers, with dozens of product series[46] - The hydraulic demolition tools market is rapidly growing due to their efficiency in performing tough tasks, leading to widespread adoption[61] - The company is focusing on the development of a full range of hydraulic components, including those for various excavators and high-altitude work platforms[88] - The company plans to enhance product differentiation and focus on the development of heavy-duty hydraulic breakers to improve durability and impact capacity[88] - The company is experiencing a strong demand for hydraulic breakers in the international market, benefiting from a competitive price advantage[84] Research and Development - The company reported a significant increase in R&D expenses, which rose by 96.08% to CNY 105,340,455.13, reflecting its commitment to innovation[94] - The company emphasizes technology innovation as a core strategy to enhance competitiveness, planning to increase R&D investment and expand product series to meet customer needs[151] - The company has established a robust R&D team with over a decade of experience, contributing to its advanced production technology and product performance[172] Market Trends and Competition - The domestic hydraulic breaker market has seen a rapid rise in demand since 2000, with a large influx of foreign products initially, but domestic brands have gained substantial market share in recent years[66] - The market concentration for hydraulic breakers in China remains low, with over a hundred brands competing, most of which are small-scale manufacturers with weak R&D capabilities[68] - The global hydraulic breaker market is dominated by around 30 major manufacturers, with significant presence from European, Japanese, and Korean brands, each with distinct market strategies[65] - The high-end hydraulic components market in China has seen a shift, with domestic companies beginning to break the monopoly of foreign brands, leading to increased market share for local products[75] Strategic Initiatives - The company aims to increase its market share in the aftermarket for hydraulic components by strengthening brand management and expanding its sales network[90] - The company is committed to improving its ERP system and enhancing information technology to optimize supply chain and production processes, thereby reducing costs and improving investment returns[168] - The company has a strong international presence, with products sold in dozens of countries, and is enhancing its international strategy by establishing a trade window in Beijing and hiring experienced international sales professionals[154] Challenges and Risks - The company acknowledges the risk of macroeconomic fluctuations affecting product demand, as its performance is closely tied to fixed asset investment levels[170] - The company faces risks related to market competition and the need to sustain technological leadership to avoid potential profit declines[171][172] - The hydraulic industry faces challenges such as a lack of professional talent and small-scale enterprises, which affects market competition and innovation capabilities[146][147]

2021 年第一季度报告 公司代码：603638 公司简称：艾迪精密 烟台艾迪精密机械股份有限公司 2021 年第一季度报告 1 / 20 2021 年第一季度报告 一、 二、 11Í 四、 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 20 2021 年第一季度报告 单位：元 币种：人民币 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。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人宋飞、主管会计工作负责人钟志平及会计机构负责人（会计主管人员）钟志平保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | --- | |-------------------------------------------------|------ ...

Financial Performance - Net profit attributable to shareholders rose by 63.30% to CNY 420,851,060.66 for the year-to-date period[18] - Operating revenue for the year-to-date period increased by 50.57% to CNY 1,608,067,015.05 compared to the same period last year[18] - Basic and diluted earnings per share increased by 5.13% to CNY 0.7028[20] - The company reported a significant increase in cash and cash equivalents, totaling CNY 528,951,515.58, down from CNY 758,434,309.78, a decrease of 30.3%[48] - Net profit for Q3 2020 was RMB 126.67 million, representing a 66.5% increase compared to RMB 76.05 million in Q3 2019[63] - The total profit for Q3 2020 was ¥110,297,057.38, representing a 56.4% increase from ¥70,525,777.63 in Q3 2019[72] Revenue and Costs - Total operating revenue for Q3 2020 reached RMB 513.74 million, a 58% increase from RMB 324.84 million in Q3 2019[59] - Total operating costs for Q3 2020 were RMB 368.51 million, up 51.6% from RMB 243.18 million in Q3 2019[59] - The total operating revenue for the first three quarters of 2020 was RMB 1.61 billion, a 50.5% increase from RMB 1.07 billion in the same period of 2019[59] - The total operating costs for Q3 2020 were ¥239,195,224.30, up 59.3% from ¥150,090,501.54 in Q3 2019[69] Assets and Liabilities - Total assets increased by 23.91% to CNY 3,298,550,916.62 compared to the end of the previous year[18] - The total liabilities increased significantly, with accounts payable rising by 37.77% to RMB 390,737,913.08, indicating higher procurement due to increased sales[32] - Current liabilities rose to CNY 916,042,852.08, up from CNY 623,459,760.28, reflecting a 47.0% increase[46] - Total liabilities reached CNY 945,513,284.03, up from CNY 660,624,181.31, indicating a 43.0% increase[48] Cash Flow - Net cash flow from operating activities increased by 79.93% to CNY 243,033,450.22 year-to-date[18] - Operating cash inflow for the first three quarters of 2020 reached CNY 1,207,095,668.22, a significant increase from CNY 607,478,182.05 in the same period of 2019, representing a growth of approximately 98.6%[78] - Cash inflow from operating activities for the first three quarters of 2020 was ¥1,071,554,396.48, compared to ¥789,132,557.90 in the same period of 2019, marking a growth of 36%[74] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,281[27] - The largest shareholder, Feng Xiao, holds 23.34% of the shares[27] Research and Development - Research and development expenses increased by 53.02% to RMB 51,228,509.77, reflecting the company's commitment to increasing R&D investment[34] - Research and development expenses in Q3 2020 amounted to RMB 27.44 million, a significant increase of 147% from RMB 11.07 million in Q3 2019[59] - Research and development expenses increased to ¥21,832,061.62 in Q3 2020, compared to ¥6,703,430.81 in Q3 2019, reflecting a growth of 225.5%[69] Government Support - The company received government subsidies amounting to CNY 4,220,480.51 year-to-date[22] Future Outlook - The company's net profit for the period is expected to show significant growth compared to the previous year, with no warnings of potential losses[38] - The company has plans for market expansion and new product development, although specific figures were not disclosed in the report[50]

证券代码：603638 证券简称：艾迪精密 公告编号：2020-037 烟台艾迪精密机械股份有限公司 关于参加山东辖区上市公司 2020 年度投资者 网上集体接待日活动的公告 | --- | |--------------------------------------------------------------| | | | 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。 | 为进一步加强与投资者的互动交流工作，构建和谐投资者关系， 烟台艾迪精密机械股份有限公司（以下简称"公司"）定于2020年9 月29日（星期二）下午14:00-17:00参加山东上市公司协会举办的"山 东辖区上市公司2020年度投资者网上集体接待日"活动，现将有关事 项公告如下： 本次投资者网上集体接待日活动将通过网上平台采取网络远程 的方式举行，活动网址：全景·路演天下http://rs.p5w.net。投资 者可以登录活动网址参与本次活动。 届时公司副总经理、董事会秘书李娇云先生、证券事务代表宋 涛先生将通过网络在线交流问 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,094,331,580.06, representing a 47.26% increase compared to CNY 743,113,610.13 in the same period last year[20] - The net profit attributable to shareholders of the listed company reached CNY 294,179,202.32, a 61.93% increase from CNY 181,676,045.22 year-on-year[20] - The net cash flow from operating activities was CNY 132,299,121.80, showing a significant increase of 71.21% compared to CNY 77,273,834.00 in the previous year[20] - The basic earnings per share for the first half of 2020 were CNY 0.4913, a 4.24% increase compared to CNY 0.4713 in the same period last year[24] - The weighted average return on net assets decreased to 13.69%, down 2.63 percentage points from 16.32% in the previous year[24] - The total operating revenue for the first half of 2020 reached ¥1,094,331,580.06, a 47.3% increase from ¥743,113,610.13 in the same period of 2019[165] - Net profit for the first half of 2020 was ¥294,179,202.32, representing a 62.0% increase compared to ¥181,676,045.22 in the first half of 2019[167] - Total equity rose to ¥1,933,368,604.52, up from ¥1,753,581,540.80, indicating a 10.3% increase year-over-year[165] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,187,501,222.52, up 19.74% from CNY 2,662,003,571.36 at the end of the previous year[23] - The net assets attributable to shareholders of the listed company increased to CNY 2,226,155,681.82, reflecting an 11.23% growth from CNY 2,001,379,390.05[23] - Total liabilities increased to ¥832,253,333.42, compared to ¥545,318,838.10 in the previous year, reflecting a 52.5% growth[165] - Total current assets rose from 1,582,745,463.98 to 1,831,198,886.80, indicating an increase of approximately 15.7%[148] - Total liabilities reached CNY 961,345,540.70, up from CNY 660,624,181.31, reflecting an increase of approximately 45.5%[154] Cash Flow - The company's cash and cash equivalents surged by 357.59% to ¥685,922,679.27 from ¥149,897,769.48 in the previous year[87] - The cash flow from investing activities showed a net outflow of RMB 289,347,863.25, compared to a net outflow of RMB 71,640,449.69 in the same period last year[180] - The net cash flow from financing activities was ¥42,243,297.08, a decrease of 21.3% compared to ¥53,723,493.78 in the previous year[186] Research and Development - The company has established a dedicated R&D team for the development of industrial multi-axis robots and hard alloy products, enhancing its product range[82] - Research and development expenses increased by 6.15% to ¥23,790,884.32, indicating a commitment to innovation[86] - The company reported a financial expense of ¥3,222,117.69, down from ¥9,086,239.29 in the previous year, showing a significant reduction[165] Market and Products - The company primarily engages in the research, development, production, and sales of hydraulic technology and products, including hydraulic demolition tools and components[30] - The main products include hydraulic breakers, hydraulic pumps, and hydraulic motors, which are essential for various construction and mining applications[32] - The hydraulic breaking hammer industry is experiencing rapid growth due to increased infrastructure investment and strong demand for equipment upgrades[52] - The company is focusing on expanding its market share domestically and internationally by leveraging high-quality products and efficient after-sales service[58] Shareholder Information - The company reported a total share capital of 598,809,616 shares after a capital increase of 185,837,467 shares through profit distribution and capital reserve conversion[134] - The company distributed cash dividends of RMB 1.70 per 10 shares, totaling RMB 70,205,265.33 (including tax) to shareholders[134] - The total number of common shareholders at the end of the reporting period was 9,792[138] Operational Risks and Compliance - The company did not report any significant operational risks that could materially affect its business during the reporting period[6] - The company strictly adhered to environmental protection standards during the reporting period, with all indicators meeting discharge standards[128] - There were no significant litigation or arbitration matters during the reporting period[120]