股票代码：603703 股票简称：盛洋科技 公告编号：2023-048 浙江盛洋科技股份有限公司 关于公司与关联方共同投资设立控股子公司暨 关联交易的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 重要内容提示： 司董事孔祥伦任中交科技执行董事兼总经理，上市公司董事顾成任交通通信集 团实际控制的交通运输通信信息集团上海股权投资基金管理有限公司董事长。 投资标的名称：浙江中交卫通科技有限公司（暂定名，以市场监督管理 部门核定为准，以下简称"浙江中交"或"合资公司"） 投资金额：浙江中交的注册资本拟定为 2022.5 万元人民币，其中浙江 盛洋科技股份有限公司（以下简称"公司"、"上市公司"或"盛洋科技"）拟以 货币出资 1213.5 万元人民币，持股比例 60%；北京中交通信科技有限公司（以 下简称"中交科技"）拟以知识产权评估作价出资 809 万元人民币，持股比例 40%。 本次交易事项构成关联交易，不构成重大资产重组。 本次交易已经公司第五届董事会第四次会议和第五届监事会第四次会议 审议通过，无需提交公司股东大会审议。 一、 对外投资暨关联交易概述 （ ...

浙江盛洋科技股份有限公司独立董事 关于第五届董事会第四次会议相关事项的独立意见 根据中国证监会《上市公司独立董事规则》《上海证券交易所股票上市规则》 《公司章程》《独立董事工作制度》等有关规定，我们作为浙江盛洋科技股份有 限公司（以下简称"公司"）的独立董事，基于独立判断的立场，对公司第五届 董事会第四次会议审议的相关事项发表独立意见如下： 一、关于公司与关联方共同投资设立控股子公司暨关联交易的独立意见 本次关联交易符合公司的战略规划，决策程序符合有关法律法规和《公司章 程》的规定，交易条件公平、合理，未损害公司及其他股东、特别是中小股东和 非关联股东的利益。公司董事会在议案的审议和表决过程中，能严格遵循法律法 规和公司章程规定的条件和程序，审议和表决程序合法、有效。我们同意上述关 联交易事项。 （以下无正文） （本页无正文,为《浙江盛洋科技股份有限公司独立董事关于第五届董事会第四 次会议相关事项的独立意见》签字页 ) 独立黄事: 周子学 吕西林 郭重清 (本页无正文,为《浙江盛洋科技股份有限公司独立董事关于第五届董事会第四 次会议相关事项的独立意见》签字页) 独立董事: 2023 年 8 月 18 日 郭重 ...

浙江盛洋科技股份有限公司独立董事 关于第五届董事会第四次会议相关事项的事前认可意见 周子学 吕西林 根据《上市公司独立董事规则》《上海证券交易所股票上市规则》等法律法 规和《公司章程》《公司关联交易管理制度》的有关规定，我们作为浙江盛洋科 技股份有限公司（以下简称"公司"）的独立董事，对五届四次董事会相关事项 进行了事前审议，现发表意见如下： 一、关于公司与关联方共同投资设立控股子公司暨关联交易的事前认可意 见 2023 年 8 月 18 日 以下无正文 (本页无正文,为《浙江盛洋科技股份有限公司独立董事关于第五届董事会第四 次会议相关事项的事前认可意见》签字页 ) 独立董事: 本次公司与关联方共同投资设立控股子公司事项，符合公司的战略规划和经 营发展的需要，符合国家有关法律、法规及政策规定。该事项对公司正常生产经 营不存在重大影响，不会对公司业务的独立性产生影响，不存在损害公司股东、 尤其是中小股东利益的情形。 我们同意将该议案提交公司董事会审议。 郭重清 郭重清 (本页无正文,为《浙江盛洋科技股份有限公司独立董事关于第五届董事会第四 次会议相关事项的事前认可意见》签字页 ) 独立董事: 周子学 吕西林 吕 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥197,856,784.78, representing a decrease of 2.21% compared to the same period last year[4]. - The net profit attributable to shareholders was ¥5,311,842.33, showing an increase of 2.05% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥1,368,422.16, a decline of 132.09% compared to the previous year[4]. - The net cash flow from operating activities was ¥15,666,667.76, down 33.85% year-on-year[4]. - Total operating revenue for Q1 2023 was ¥197,856,784.78, a decrease of 2.3% compared to ¥202,323,673.78 in Q1 2022[21]. - Total operating costs for Q1 2023 were ¥202,819,227.16, an increase of 1.1% from ¥200,401,941.13 in Q1 2022[21]. - The company reported a net profit margin of -2.0% for Q1 2023, compared to a net profit margin of 0.1% in Q1 2022[21]. - In Q1 2023, the net profit attributable to shareholders of the parent company was CNY 5,311,842.33, an increase from CNY 5,204,948.65 in Q1 2022, representing a growth of approximately 2.05%[22]. - The total comprehensive income for Q1 2023 was CNY 6,014,439.80, compared to CNY 4,594,438.80 in Q1 2022, indicating an increase of about 30.9%[23]. - Operating cash flow for Q1 2023 was CNY 15,666,667.76, down from CNY 23,682,241.72 in Q1 2022, reflecting a decrease of approximately 33.8%[26]. - The company reported a total revenue from sales of goods and services of CNY 151,305,276.43 in Q1 2023, compared to CNY 193,304,861.53 in Q1 2022, a decline of about 21.8%[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,899,535,660.81, a decrease of 1.24% from the end of the previous year[5]. - The equity attributable to shareholders increased to ¥843,748,452.63, reflecting a growth of 0.69% compared to the previous year[5]. - Total assets as of March 31, 2023, were ¥1,899,535,660.81, down from ¥1,923,381,503.70 at the end of 2022, a decrease of 1.2%[19]. - Total liabilities as of March 31, 2023, were ¥1,037,916,219.28, a decrease of 2.7% from ¥1,066,869,563.51 at the end of 2022[19]. - Total current assets decreased to ¥715,662,819.07 from ¥741,814,937.22, a decline of approximately 3.9%[30]. - Total liabilities decreased to ¥892,331,108.59 from ¥906,758,421.22, a decline of approximately 1.6%[31]. Cash Flow - Cash and cash equivalents as of March 31, 2023, were ¥482,316,400.33, down from ¥500,650,471.26 as of December 31, 2022, representing a decrease of 3.7%[17]. - The cash and cash equivalents at the end of Q1 2023 were CNY 522,769,824.69, compared to CNY 492,014,748.53 at the end of Q1 2022, showing an increase of approximately 6.3%[27]. - The net cash flow from operating activities was $15,352,957.44, a decrease of 67.7% compared to $47,508,876.86 in Q1 2022[35]. - Total cash inflow from investing activities was $65,979,535.41, down from $88,475,632.16 in the same period last year[35]. - The net cash flow from investing activities was -$94,620,275.25, compared to $34,617,087.40 in Q1 2022, indicating a significant decline[36]. - Cash inflow from financing activities totaled $554,000,000.00, a decrease from $629,000,000.00 in Q1 2022[36]. - The net cash flow from financing activities was $61,978,228.13, recovering from a negative cash flow of -$153,931,365.56 in the previous year[36]. - The ending balance of cash and cash equivalents was $346,261,896.31, slightly up from $340,307,774.84 in Q1 2022[36]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,965[8]. - The company aims to enhance its market position and operational capabilities through this acquisition[10]. - The restructuring is part of the company's broader strategy to expand its business and improve shareholder value[10]. Restructuring and Acquisitions - The company plans to acquire 100% equity of Beijing Zhongjiao Tongxin Technology Co., Ltd. from the Transportation Communication Information Group through a combination of issuing shares and cash payment[10]. - The transaction is expected to constitute a major asset restructuring, with the company's stock suspended since November 1, 2021, pending the completion of the restructuring process[10]. - The company has been actively organizing relevant parties to advance the restructuring work during the suspension period[11]. - The board of directors approved the asset purchase and fundraising plan on November 12, 2021, and disclosed related documents on November 13, 2021[11]. - The company has received inquiries from the Shanghai Stock Exchange regarding the restructuring plan, with responses provided in subsequent announcements[12]. - The restructuring process has been progressing smoothly, with multiple updates issued from November 2021 to June 2022[12]. - The company is committed to complying with relevant laws and regulations in disclosing the progress of the transaction[12]. - The completion of the transaction is subject to the evaluation and approval processes, which have caused delays in the timeline[12]. Operational Efficiency - The company experienced a 41.88% increase in construction in progress, attributed to the expansion of 5G communication tower facilities[6]. - The company’s financial expenses rose by 130.10%, mainly due to fluctuations in the exchange rate of the Renminbi[6]. - Research and development expenses increased to CNY 9,398,692.99 in Q1 2023 from CNY 8,905,727.30 in Q1 2022, marking an increase of approximately 5.5%[22]. - The company’s financial expenses rose significantly to CNY 10,567,054.44 in Q1 2023, compared to CNY 4,592,431.21 in Q1 2022, representing an increase of about 130.3%[22]. - Research and development expenses for Q1 2023 were ¥2,646,222.48, down from ¥3,260,447.83 in Q1 2022, a decrease of approximately 18.8%[32]. - Operating profit for Q1 2023 was ¥1,751,241.06, compared to an operating loss of ¥6,152,286.49 in Q1 2022, indicating improved operational efficiency[33].

Financial Performance - The company's operating revenue for 2022 was ¥818,700,089.37, a decrease of 16.05% compared to ¥975,183,818.74 in 2021[23]. - The net profit attributable to shareholders for 2022 was ¥15,406,929.63, an increase of 47.63% from ¥10,435,918.51 in 2021[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,328,566.24, a decrease of 44.97% from ¥7,866,509.09 in 2021[23]. - The net cash flow from operating activities for 2022 was ¥89,939,223.54, an increase of 18.12% compared to ¥76,144,977.04 in 2021[23]. - The total assets at the end of 2022 were ¥1,923,381,503.70, a decrease of 2.92% from ¥1,981,190,212.31 at the end of 2021[24]. - The net assets attributable to shareholders at the end of 2022 were ¥837,957,173.65, a decrease of 9.48% from ¥925,709,410.27 at the end of 2021[24]. - The company's basic earnings per share increased by 25.00% to CNY 0.05 in 2022 compared to CNY 0.04 in 2021[25]. - The company's net profit attributable to shareholders rose by 47.63% despite a 16.05% decline in operating revenue year-on-year[25]. - The weighted average return on equity increased to 1.81% in 2022, up by 0.77 percentage points from 1.04% in 2021[25]. Capital and Restructuring Plans - The company plans to increase capital reserves by issuing 4 additional shares for every 10 shares held, without cash dividends or stock bonuses for 2022[6]. - The company is in the process of a major asset restructuring, planning to acquire 100% equity of Zhongjiao Technology from the Transportation Communication Group[88]. - The company is actively progressing its restructuring efforts since November 2021, with multiple announcements detailing the ongoing process[89]. - The independent directors have approved the proposal to issue shares and pay cash to acquire 100% equity of Zhongjiao Technology from the Transportation Communication Group[93]. - The company plans to enhance asset quality and improve financial conditions through the ongoing major asset restructuring[96]. - The restructuring is expected to reduce related party transactions and avoid industry competition, benefiting the company and all shareholders[96]. - The company is in the process of issuing shares and paying cash to acquire assets, which requires approval from the board, shareholders, and regulatory authorities, introducing uncertainty regarding the approval process[118]. Research and Development - Research and development expenses increased by 9.44% to 50.32 million RMB, reflecting the company's commitment to innovation[62]. - The company completed 15 product technology and process development projects and achieved 8 technology transformation results, along with obtaining 13 utility model patents and 1 invention patent[38]. - Total R&D expenditure amounted to ¥50,318,347.51, representing 6.15% of operating revenue[76]. - The company is focusing on optimizing its business structure and enhancing profitability by developing high-value wireless products and expanding into communication tower construction and structured cabling businesses[35]. Market and Industry Context - The company operates in the "C3831 Wire and Cable Manufacturing" industry, which is cyclical and closely related to macroeconomic conditions[40]. - The company primarily exports its products to developed countries such as the United States and Europe, maintaining high product quality standards above domestic industry standards[41]. - The domestic RF cable industry has a low concentration with hundreds of manufacturers, posing a competitive risk for the company[108]. - The high-frequency head market is dominated by Taiwanese companies, which hold significant shares in the global high-end market[102]. - The telecommunications industry in China saw a total revenue of 1.58 trillion RMB in 2022, representing an 8% year-on-year growth[101]. Risk Factors - The company faces significant risks from fluctuations in raw material prices, particularly for metals like copper and steel, which could impact profitability[109]. - The company is at risk of declining product prices due to intense market competition and potential shifts in demand for satellite TV reception products[111]. - The company’s revenue is primarily in USD, making it susceptible to exchange rate fluctuations, particularly if the RMB appreciates[112]. - The company has a concentrated customer base in North America, which poses risks if market conditions change or trade tensions escalate[113]. - The company has outlined potential risks in its future development discussions, which investors should be aware of[8]. Governance and Compliance - The company has revised its governance structure and 30 governance systems to ensure compliance and support high-quality development[39]. - The company has implemented strict insider information management practices, with no reported violations of insider trading regulations during the reporting period[124]. - The company has established a robust internal control system and governance structure to protect the interests of all shareholders, particularly minority shareholders[122]. - The company guarantees that it will not engage in any illegal occupation of the listed company's funds or assets, nor will it require any form of guarantee from the listed company[172]. Employee and Executive Management - The total number of employees in the parent company and major subsidiaries is 1,393, with 434 in the parent company and 959 in subsidiaries[152]. - The total pre-tax compensation for all executives amounted to 5,012,000 CNY, with the highest compensation being 830,800 CNY for the deputy general manager[128]. - The company’s compensation policy aims to align with overall strategic planning and ensure competitiveness in the market[153]. - The company conducted internal and external training programs to enhance employee skills and management effectiveness[155]. Environmental and Social Responsibility - The company invested ¥66.61 million in environmental protection during the reporting period[165]. - The company reduced carbon emissions by 600 tons through the use of clean energy in its production processes[168]. - The total contribution to public welfare projects amounted to ¥93.5458 million, benefiting 179 individuals[168]. - The company does not belong to the key pollutant discharge units and has adhered to environmental regulations without any violations[167].

会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动方式 投资者可于 2023 年 4 月 26 日(星期三)至 5 月 5 日(星期五)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 （stock@shengyang.com）进行提问。公司将在说明会上对投资者普遍关注 的问题进行回答。 浙江盛洋科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 21 日发 布公司 2022 年年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经 营成果、财务状况，公司计划于 2023 年 5 月 8 日下午 13:00-14:30 举行 2022 年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 证券代码：603703 证券简称：盛洋科技 公告编号：2023-025 浙江盛洋科技股份有限公司 关于召开 2022 年度业绩说明会的通知 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 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥189,256,765.34, a decrease of 21.93% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2022 was ¥5,326,947.02, an increase of 463.10% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥83,000.35, a significant increase of 6,291.97% compared to the same period last year[4] - The basic earnings per share for Q3 2022 was ¥0.0183, reflecting an increase of 471.88% year-on-year[5] - Total operating revenue for the first three quarters of 2022 was CNY 592,247,342.37, a decrease of 19.7% compared to CNY 737,801,641.17 in the same period of 2021[22] - Net profit for the first three quarters of 2022 was CNY 25,244,593.94, compared to CNY 26,295,178.41 in the same period of 2021, reflecting a decrease of 4.0%[23] - Operating profit for the first three quarters of 2022 was CNY 23,522,702.01, down from CNY 26,212,660.90 in the previous year[23] - Total comprehensive income for Q3 2022 was CNY 22,542,570.13, a decrease from CNY 23,509,876.73 in Q3 2021[24] - Net profit for Q3 2022 was a loss of ¥15,487,834.00, compared to a profit of ¥16,161,499.73 in Q3 2021, indicating a significant downturn[30] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥1,981,959,160.58, a slight increase of 0.04% from the end of the previous year[5] - The company reported a decrease of 9.04% in equity attributable to shareholders compared to the end of the previous year, totaling ¥842,045,368.62[5] - Total liabilities as of the end of the third quarter of 2022 were CNY 1,121,707,939.57, an increase from CNY 1,039,136,268.94 in the previous year[19] - The company's equity attributable to shareholders was CNY 842,045,368.62, down from CNY 925,709,410.27 in the same period of 2021[19] - The company's total equity decreased to ¥972,004,684.33 from ¥1,090,974,288.17, a decline of about 10.8%[29] - The company’s total liabilities increased to CNY 1,064,552,424.04 as of September 30, 2022, compared to CNY 994,083,451.66 at the end of 2021, reflecting a growth of 7.1%[27] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥32,935,127.68, a decrease of 58.27% compared to the same period last year[4] - Net cash flow from operating activities for the first three quarters of 2022 was CNY 32,935,127.68, down 58.3% from CNY 78,928,178.12 in the same period of 2021[26] - Cash inflow from operating activities totaled CNY 739,117,800.29, compared to CNY 689,476,146.53 in the previous year, reflecting a 7.2% increase[26] - Total cash and cash equivalents at the end of Q3 2022 were CNY 456,312,361.11, compared to CNY 349,665,464.31 at the end of Q3 2021, indicating a 30.5% increase[26] - The company reported a financial expense of CNY -25,555,387.84 for the first three quarters of 2022, compared to CNY 4,688,877.88 in the same period of 2021, indicating a significant change in financial performance[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,014[10] - The top 10 shareholders hold a total of 105,000,000 shares, accounting for approximately 35.12% of the total shares[10] - The top shareholder, Yeli Ming, holds 37,095,000 shares, representing 12.42% of the total shares, with a pledge of 30,000,000 shares[10] Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 32,633,498.17, slightly down from CNY 34,197,829.21 in the previous year[22] - Research and development expenses for the first three quarters of 2022 were ¥10,728,560.24, down from ¥17,293,961.28 in the same period of 2021, representing a reduction of about 38%[29] Strategic Transactions - The company is in the process of acquiring 100% equity of Beijing Zhongjiao Technology Co., Ltd. through a combination of issuing shares and cash payment[12] - The major asset restructuring transaction is expected to constitute a significant asset restructuring, with the company's stock suspended since November 1, 2021[12] - The company is actively progressing with the restructuring, including ongoing audits and due diligence for the target company[16] - The company plans to issue shares to raise matching funds for the acquisition, with the pricing benchmark set at the date of the board resolution[16] Accounting Standards - The company did not apply new accounting standards or interpretations for the first time in 2022[33]

Financial Performance - The company's operating revenue for 2021 was ¥975,183,818.74, representing a 30.44% increase compared to ¥747,630,747.87 in 2020[22]. - The net profit attributable to shareholders for 2021 was ¥10,435,918.51, a significant increase of 98.85% from ¥5,248,051.14 in 2020[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,866,509.09, recovering from a loss of ¥22,446,434.14 in 2020, marking a 135.05% improvement[22]. - The net cash flow from operating activities for 2021 was ¥76,144,977.04, up 38.30% from ¥55,056,866.41 in 2020[22]. - The total assets at the end of 2021 were ¥1,981,190,212.31, down 8.03% from ¥2,154,181,619.28 at the end of 2020[23]. - The net assets attributable to shareholders decreased by 14.60% to ¥925,709,410.27 from ¥1,083,978,244.74 at the end of 2020[23]. - Basic earnings per share reached CNY 0.04, doubling from CNY 0.02 in the previous year, with diluted earnings per share also at CNY 0.04[24]. - The weighted average return on equity decreased by 0.15 percentage points to 1.04%[24]. - The gross profit margin for RF cables decreased by 3.73 percentage points to 19.05%[63]. - The gross margin for RF cable products decreased by 4.71 percentage points compared to the previous year, and the gross margin for display devices decreased by 3.06 percentage points[64]. Strategic Initiatives - The company plans to strengthen its core business while actively expanding into new industries, including wireless products and smart warehousing[32]. - A strategic investor, Guojiao Beidou, was introduced to enhance business collaboration and improve profitability[33]. - The company aims to enhance production efficiency and profitability through the development of communication tower infrastructure projects[32]. - The company is actively expanding its market presence and has invested in new projects, including smart warehousing and 5G communication infrastructure[61]. - The company plans to acquire 100% of Zhongjiao Technology through a share issuance and cash payment, indicating a strategic move for expansion[83]. - The company plans to enhance its production scale and technology research and development in 2022, focusing on high-tech, high-value-added products such as RF cables, LNBs, and display devices[98]. - The company is exploring new strategic partnerships to enhance its competitive edge in the industry, with discussions ongoing with potential partners[121]. Research and Development - Research and development expenses increased by 46.79% to 45.98 million RMB, reflecting the company's commitment to innovation[60]. - The total R&D investment accounted for 4.71% of total revenue[73]. - The company completed 15 product technology and process development projects, achieved 4 technology transformation results, and obtained 22 utility model patents and 1 invention patent[35]. - The company has 171 R&D personnel, accounting for 11.74% of the total workforce[74]. Market and Industry Trends - The telecommunications industry in China achieved a total telecom business revenue of CNY 1.47 trillion in 2021, representing an 8.0% year-on-year growth, with a total business volume of CNY 1.7 trillion, up 27.8% year-on-year[94]. - The global wire and cable market size reached USD 335 billion in 2021, expected to grow to USD 426.8 billion by 2026, with a CAGR of 5%[93]. - The construction of 5G networks in China accelerated in 2021, with a total of 996,000 mobile communication base stations, including 142,500 5G base stations, marking a net increase of 650,000 for the year[94]. Governance and Compliance - The company is committed to ensuring the accuracy and completeness of its financial reports, as stated by its management[5]. - The audit report issued by Zhonghui Certified Public Accountants confirmed the financial statements without reservations[5]. - The company held 1 annual general meeting and 3 extraordinary general meetings during the reporting period, ensuring compliance with legal requirements and protecting shareholder rights[115]. - The board of directors held 16 meetings during the reporting period, demonstrating effective governance and decision-making processes[115]. - The company has engaged in various investor relations activities to enhance transparency and investor understanding of its strategic direction and financial status[167]. Risks and Challenges - The company has described potential risk factors in its report, emphasizing the importance of investor awareness regarding investment risks[8]. - The company is exposed to risks related to fluctuations in raw material prices, particularly metals like copper and steel, which constitute a significant portion of its production costs[102]. - The company faces risks related to the non-public issuance of funds for the "communication tower infrastructure construction project," which may not achieve expected economic and social benefits if not managed properly[111]. - There is a risk that the transaction involving the issuance of shares and cash for asset purchases may be suspended, interrupted, or canceled due to various factors, including market conditions and unforeseen performance declines of the target assets[113]. Employee and Social Responsibility - The company emphasizes employee rights protection, ensuring timely and full payment of social insurance fees during the reporting period[168]. - The company actively participates in social welfare activities, receiving recognition for initiatives such as high-temperature relief and support for impoverished communities[169]. - The management prioritizes safety and environmental protection, implementing strict safety education and pollution prevention measures[168]. - The company has committed to adhering to relevant labor laws and regulations to protect employee rights[168]. Shareholder and Financial Policies - The company did not propose a cash profit distribution plan for the fiscal year 2021, despite having a positive profit available for distribution to shareholders[161]. - The total amount used for share repurchase in 2021 was RMB 29,991,068, which accounted for 287.38% of the net profit attributable to the parent company[161]. - The company has established a cash dividend policy to enhance transparency and operational feasibility in profit distribution decisions[158]. - The company will ensure that any necessary related party transactions are conducted fairly and transparently, adhering to legal and internal regulations[174].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 202,323,673.78, representing a decrease of 16.48% compared to the same period last year[4] - The net profit attributable to shareholders was CNY 5,204,948.65, down 49.70% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 4,264,504.66, a decline of 59.94% compared to the previous year[4] - Basic earnings per share decreased by 33.33% to CNY 0.02[4] - The total comprehensive income for Q1 2022 was ¥4,594,438.80, down from ¥13,694,609.77 in Q1 2021, representing a decrease of 66.5%[21] - Net profit for Q1 2022 was ¥5,894,142.98, a decline of 60.4% from ¥14,860,689.53 in Q1 2021[20] - Operating profit for Q1 2022 was a loss of ¥6.15 million, compared to a profit of ¥6.81 million in Q1 2021, indicating a significant decline[32] - Net profit for Q1 2022 was a loss of ¥5.16 million, contrasting with a net profit of ¥6.62 million in Q1 2021, marking a year-over-year decrease of 177.9%[32] Cash Flow - The net cash flow from operating activities increased by 24.27% to CNY 23,682,241.72[4] - In Q1 2022, the cash inflow from operating activities totaled ¥234,764,014.05, an increase of 13.94% compared to ¥205,942,306.17 in Q1 2021[23] - The cash inflow from investment activities was ¥38,480,632.16, while cash outflow was ¥28,885,584.08, resulting in a net cash flow of ¥9,595,048.08, compared to a negative net cash flow of ¥7,948,956.10 in Q1 2021[24] - The company experienced a net decrease in cash and cash equivalents of ¥42,782,359.82 in Q1 2022, compared to a net decrease of ¥406,160,291.32 in Q1 2021[25] - Cash flow from operating activities for Q1 2022 was ¥47.51 million, an increase from ¥4.29 million in Q1 2021, showing improved cash generation[34] - Cash flow from investing activities for Q1 2022 was ¥34.62 million, a recovery from a negative cash flow of ¥12.23 million in Q1 2021[34] - Cash flow from financing activities for Q1 2022 resulted in a net outflow of ¥153.93 million, an improvement from a net outflow of ¥403.79 million in Q1 2021[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,905,594,085.35, a decrease of 3.82% from the end of the previous year[5] - The company's total assets as of March 31, 2022, were ¥1,754,633,317.76, down from ¥1,864,555,260.73 at the end of 2021[26] - The company's total liabilities as of Q1 2022 amounted to ¥1,043,968,690.20, slightly up from ¥1,039,136,268.94 in the previous year[17] - The total liabilities decreased to ¥753,842,103.18 from ¥773,580,972.56 at the end of 2021[27] - The owner's equity totaled ¥1,000,791,214.58, down from ¥1,090,974,288.17 at the end of 2021[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,847[9] - The largest shareholder, Ye Liming, holds 12.42% of the shares, totaling 37,095,000 shares, with 30,000,000 shares pledged[9] - Shareholders' equity attributable to the parent company was CNY 844,751,784.29, down 8.75% from the previous year-end[5] - The total equity attributable to shareholders was ¥844,751,784.29, down from ¥925,709,410.27 in Q1 2021, reflecting a decrease of 8.7%[17] Research and Development - Research and development expenses for Q1 2022 were ¥8,905,727.30, a decrease of 26.5% compared to ¥12,175,079.33 in Q1 2021[19] - Research and development expenses decreased to ¥3.26 million in Q1 2022 from ¥6.43 million in Q1 2021, reflecting a reduction in investment in innovation[31] Share Repurchase - The company repurchased a total of 6,456,800 shares, accounting for 2.16% of the total share capital, with a total expenditure of RMB 115,001,291[12] - The highest repurchase price was RMB 24.10 per share, while the lowest was RMB 11.24 per share[12] - The company adjusted its share repurchase plan, increasing the maximum repurchase price from RMB 18 to RMB 34.70 per share[11] - The company plans to continue its share repurchase program within a 12-month period from the board's approval date[11] Inventory and Receivables - The company's inventory as of March 31, 2022, was RMB 329,399,420.30, an increase from RMB 312,259,409.26 at the end of 2021, reflecting a growth of approximately 5.4%[15] - Accounts receivable decreased from RMB 224,401,372.87 to RMB 210,725,084.07, a decline of about 6.1%[15] Financial Costs - The company reported a financial cost of ¥4,592,431.21 in Q1 2022, compared to a financial income of ¥1,104,830.96 in Q1 2021[19] - Interest expenses rose to ¥5.01 million in Q1 2022 from ¥2.80 million in Q1 2021, highlighting increased borrowing costs[31]