浙江朗迪集团股份有限公司 关于公司为全资子公司提供担保的进展公告 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法律责任。 重要内容提示: 一、担保情况概述 证券代码：603726 证券简称： 朗迪集团 公告编号：2023-031 1、因原担保合同到期，2023 年 8 月 17 日浙江朗迪集团股份有限公司（以 下简称"公司"）与招商银行股份有限公司宁波分行（以下简称"招商银行"） 签订《最高额不可撤销担保书》（编号：7199230732-1），公司为宁波朗迪提供 3,000 万元的担保。 2、公司 2023 年 4 月 26 日召开的第七届董事会第二次会议审议通过了《关 于公司及全资子公司为银行综合授信额度内的贷款提供担保的议案》，具体内容 详见上海证券交易所网站（www.sse.com.cn）披露的《关于公司及全资子公司为 银行综合授信额度内的贷款提供担保的公告》（公告编号：2023-017）。上述担保 事项已于 2023 年 5 月 18 日经公司 2022 年年度股东大会审议通过。 被担保人名称：宁波朗迪叶轮机械有限公司（以下简 ...

证券代码：603726 证券简称：朗迪集团 编号：2023-030 浙江朗迪集团股份有限公司 关于参与认购的私募股权基金执行事务合伙人 名称变更及新增有限合伙人的公告 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法律责任。 一、基金概述 经浙江朗迪集团股份有限公司（以下简称"公司"）2021 年 8 月 7 日召开的 第六届董事会第八次会议审议通过，公司董事会同意公司作为有限合伙人出资 8,000 万元认购宁波燕创德鑫创业投资合伙企业（有限合伙）（以下简称"燕创德 鑫"或"基金"）部分份额。具体详见公司 2021 年 8 月 10 日在上海证券交易所 （www.sse.com.cn）披露的《关于参与认购基金份额的公告》（公告编号： 2021-025）。 燕创德鑫分别于 2021 年 7 月 5 日和 2021 年 9 月 23 日取得中国证券投资基金 业协会《私募投资基金备案证明》和宁波市市场监督管理局颁发的《营业执照》。 具体详见公司 2021 年 8 月 10 日和 2021 年 9 月 25 日在上海证券交易所 （www.sse ...

证券代码：603726 证券简称： 朗迪集团 公告编号：2023-029 浙江朗迪集团股份有限公司 关于参与设立的私募股权投资基金备案完成的公告 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法律责任。 一、基金概述 经浙江朗迪集团股份有限公司（以下简称"公司"）2023 年 7 月 5 日召开 的第七届董事会第三次会议审议通过，公司董事会同意公司作为有限合伙人出资 1,020 万元参与设立私募股权投资基金金华御道数维创业投资合伙企业（有限合 伙）（以下简称"御道数维创投"或"基金"）。具体内容详见公司于 2023 年 7 月 6 日在上海证券交易所网站（www.sse.com.cn）披露的《朗迪集团关于参与 设立私募股权投资基金的公告》（公告编号：2023-025）。 御道数维创投于 2023 年 7 月 13 日完成注册登记并取得了营业执照，具体内 容详见公司于 2023 年 7 月 15 日在上海证券交易所网站（www.sse.com.cn）披露 的《朗迪集团关于参与设立私募股权投资基金的进展公告》（公告编号： 2023-027） ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 361,834,975.57, representing a decrease of 6.40% compared to the same period last year[4]. - The net profit attributable to shareholders was CNY 14,773,250.37, down 32.14% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 11,481,026.23, a decline of 44.63% compared to the previous year[4]. - Basic earnings per share were CNY 0.08, down 33.33% year-on-year[4]. - Net profit for Q1 2023 was CNY 14,220,793.28, a decline of 33.0% from CNY 21,330,649.23 in Q1 2022[16]. - Operating profit for Q1 2023 was CNY 18,864,851.76, down 23.9% from CNY 24,767,035.11 in Q1 2022[16]. - The weighted average return on equity was 1.26%, a decrease of 0.72 percentage points compared to the previous year[4]. Cash Flow - The net cash flow from operating activities was CNY 5,221,508.27, reflecting a decrease of 35.75% from the same period last year[4]. - The net cash flow from operating activities decreased to $5,221,508.27 in Q1 2023 from $8,127,206.22 in Q1 2022, reflecting a decline of about 35.5%[20]. - Cash outflow for purchasing goods and services was $234,052,130.18, down from $239,613,915.70 in the previous year, indicating a decrease of approximately 2.3%[20]. - The net cash flow from investing activities was -$4,963,743.06 in Q1 2023, worsening from -$2,295,925.62 in Q1 2022[21]. - The net cash flow from financing activities was -$5,896,359.99 in Q1 2023, compared to a positive $14,421,233.62 in Q1 2022, indicating a significant decline[21]. - The ending cash and cash equivalents balance was $116,946,182.72, down from $139,507,705.78 in the previous year, a decrease of approximately 16.1%[21]. - The company reported a cash inflow from other operating activities of $3,824,972.59, which increased from $1,344,447.07 in Q1 2022, representing a growth of about 184.5%[20]. - The company’s cash outflow for employee compensation was $59,418,141.99, down from $64,801,042.01 in Q1 2022, reflecting a decrease of approximately 8.5%[20]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 2,070,386,852.07, a decrease of 3.41% from the end of the previous year[5]. - Total liabilities for Q1 2023 were CNY 886,527,836.82, down from CNY 973,794,650.43 in Q1 2022[12]. - Non-current liabilities totaled CNY 54,417,431.75 in Q1 2023, a slight decrease from CNY 55,995,891.38 in Q1 2022[12]. - Shareholders' equity increased to CNY 1,183,859,015.25 in Q1 2023 from CNY 1,169,638,221.97 in Q1 2022[12]. - The equity attributable to shareholders increased by 1.27% to CNY 1,177,666,506.81 compared to the end of the previous year[5]. Investment Income - The company reported a significant decline in investment income from its associate company, which contributed to the drop in net profit[5]. - The company reported a decrease in investment income, with a loss of CNY 5,152,699.35 in Q1 2023 compared to a gain of CNY 5,398,845.33 in Q1 2022[16]. Product Development and Strategy - The company did not report any new product developments or market expansion strategies during this quarter[9]. Accounting Standards - The company executed a new accounting standard effective January 1, 2023, which had no impact on the financial statements[21].

Financial Performance - In 2022, the company's operating revenue was CNY 1,685,199,275.92, a decrease of 7.39% compared to CNY 1,819,604,562.82 in 2021[21]. - The net profit attributable to shareholders was CNY 91,404,358.02, down 37.74% from CNY 146,805,464.58 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 83,881,046.09, a decrease of 38.03% compared to CNY 135,356,067.52 in 2021[21]. - The net cash flow from operating activities was CNY 122,880,673.58, slightly down by 0.73% from CNY 123,790,076.22 in 2021[21]. - Basic earnings per share were 0.49 RMB, down 37.97% compared to the previous year[24]. - The gross margin for the manufacturing sector was 18.42%, which decreased by 2.27 percentage points compared to the previous year[55]. - The company reported a decrease in investment income to CNY 6,935,144.07 in 2022 from CNY 23,115,891.79 in 2021, a decline of 69.96%[185]. Assets and Liabilities - As of the end of 2022, the total assets amounted to CNY 2,143,432,872.40, an increase of 3.50% from CNY 2,071,022,641.21 at the end of 2021[21]. - The company's long-term equity investments increased by 34.92%, from 198,455,606.07 yuan to 267,754,741.96 yuan[73]. - Total liabilities remained stable at ¥973,794,650.43 in 2022 compared to ¥973,792,848.02 in 2021, indicating minimal change[179]. - Current liabilities increased to ¥917,798,759.05 in 2022 from ¥876,400,179.19 in 2021, reflecting an increase of about 4.5%[178]. Research and Development - Research and development investment totaled 85.5197 million RMB, accounting for 5.07% of operating revenue, with 103 R&D projects initiated[34]. - The company has initiated 67 R&D projects in the home air conditioning fan blade segment, holding a total of 325 patents, including 49 invention patents[35]. - The mechanical fan segment has launched 29 R&D projects and owns 108 patents, with 7 being invention patents[35]. - The composite materials segment has 7 R&D projects and holds 63 patents, including 1 invention patent[35]. Market and Sales - The production of household air conditioning blades decreased by 8.98% to 91.0093 million units, generating revenue of 996 million RMB, a decline of 16.05%[34]. - Composite materials production increased by 38.57% to 13,495.12 tons, with revenue rising by 40.34% to 124 million RMB[34]. - The company expanded its overseas market, achieving foreign revenue of 91.098 million RMB, a year-on-year increase of 6.69%[34]. - Domestic revenue accounted for approximately ¥1.56 billion, a decrease of 7.81% year-over-year, with a gross margin of 17.78%[56]. Corporate Governance - The company held 2 shareholder meetings during the reporting period, ensuring compliance with relevant laws and regulations[88]. - The board of directors convened 4 meetings, with all procedures adhering to legal and internal governance standards[89]. - The supervisory board also held 4 meetings, maintaining independent oversight of financial and managerial compliance[90]. - The company has established a dedicated internal audit department to enhance internal control processes and ensure compliance with regulations[90]. Environmental and Social Responsibility - The company invested ¥1,230,000 in environmental protection initiatives during the reporting period[126]. - The company reduced carbon emissions by 2,167 tons during the reporting period through energy-saving measures and the installation of a distributed solar photovoltaic power station on the factory roof, generating approximately 3.8 million KWH of electricity[130]. - The total charitable donations made by the company amounted to 565,300 CNY, benefiting 645 individuals through various social responsibility initiatives[132]. - The company has not reported any significant environmental incidents during the reporting period, and its pollutant emissions comply with environmental requirements[128]. Risks and Challenges - The company faced challenges due to industry demand decline, reduced customer orders, and lower sales prices, impacting gross profit margins[33]. - High customer concentration poses a risk, as changes in relationships with major clients could significantly impact sales[84]. - The company is exposed to raw material cost volatility, particularly due to fluctuations in oil prices, which can affect production costs[84]. - Labor shortages and rising labor costs in key production areas are challenges that the company is addressing through automation and technological upgrades[86].

证券代码：603726 证券简称：朗迪集团 公告编号：2023-011 浙江朗迪集团股份有限公司 关于召开 2022 年度暨 2023 年第一季度 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 04 月 28 日(星期五)至 05 月 09 日(星期二)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 ldzd@langdi.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。 浙江朗迪集团股份有限公司（以下简称"公司"）将于 2023 年 4 月 28 日发 布公司 2022 年年度报告及 2023 年第一季度报告，为便于广大投资者更全面深入 地了解公司 2022 年度及 2023 年第一季度经营成果、财务状况，公司计划于 2023 年 05 月 10 日下午 15:00-16:00 举行 2022 年度暨 2023 年第一季度业绩说明会， 就投资者关心的问题进行交流。 业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间： ...

Group 1: Financial Performance - In Q1 2022, the company's performance declined significantly due to the impact of the pandemic, with reduced customer orders and increased raw material costs, but it will not have a long-term impact on operations [1] - In 2021, the company achieved a net profit attributable to shareholders of 31.67% year-on-year growth, driven by increased customer orders and significant profit growth from its associate company [2] Group 2: Strategic Planning - The company aims to enhance its core competitiveness through a group management model, focusing on the development of its main businesses in household air conditioning blades, mechanical fans, and composite materials [2] - Future goals include product upgrades, automation, and digitalization in production, alongside capital operations and mergers to improve operational performance [2] Group 3: Shareholder Returns - The company has maintained a stable profit distribution policy, with cash dividends of CNY 0.35 per share in 2019, CNY 0.4 per share in 2020, and CNY 0.4 per share in 2021, totaling CNY 64.98 million, CNY 74.26 million, and CNY 74.26 million respectively [2] - The company emphasizes the protection of shareholder interests and aims to continuously enhance value creation capabilities [2] Group 4: Market Conditions - The company has observed a decrease in customer orders due to weak domestic and international market demand caused by the pandemic, but it has not significantly impacted operations [3] - The company is closely monitoring fluctuations in raw material prices and has implemented measures such as centralized procurement and strategic reserves to mitigate impacts [3]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥899,575,892.79, a decrease of 5.20% compared to ¥948,915,553.46 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was ¥58,686,695.24, down 34.03% from ¥88,953,345.44 in the previous year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥53,740,929.26, a decrease of 37.40% compared to ¥85,844,395.90 in the same period last year[17]. - The basic earnings per share decreased by 33.33% to ¥0.32 from ¥0.48 in the same period last year[18]. - The weighted average return on net assets was 5.31%, down from 8.50% in the previous year, a decrease of 3.19 percentage points[18]. - The total assets at the end of the reporting period were ¥2,093,188,492.78, an increase of 1.07% compared to ¥2,071,022,641.21 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company decreased by 1.37% to ¥1,073,215,123.25 from ¥1,088,152,938.02 at the end of the previous year[17]. - The company did not propose any profit distribution or capital reserve transfer to increase share capital for the first half of 2022[4]. Cash Flow and Investments - The net cash flow from operating activities increased by 29.30% to ¥64,512,135.01 from ¥49,893,805.85 in the previous year[17]. - The company invested 20 million yuan to acquire a 1.37% stake in Ningbo Jujia New Materials Technology Co., Ltd., which focuses on the research and production of liquid crystal polymers[31]. - The total amount of long-term equity investments increased by 5.23% to CNY 208,843,067.96, primarily due to the recognition of investment income from Yongxi Electronics[42]. - The company's cash and cash equivalents decreased by 15.89% to CNY 164,419,862.00, compared to CNY 195,481,641.31 at the end of the previous year[38]. - The company's inventory decreased by 12.79% to CNY 324,049,881.24, compared to CNY 371,554,440.84 at the end of the previous year[38]. - The company's short-term borrowings increased by 8.18% to CNY 336,826,516.38, compared to CNY 311,371,162.92 at the end of the previous year[38]. - The company reported a significant increase in contract liabilities by 34.10% to CNY 4,981,098.29, mainly due to an increase in customer prepayments[38]. Market and Operational Challenges - The company faced challenges due to the pandemic, resulting in reduced customer orders and increased raw material costs, leading to decreased gross profit margins[19]. - The production volume of household air conditioners in China in the first half of 2022 was 82.97 million units, a year-on-year decrease of 4.11%[23]. - The sales volume of household air conditioners in the same period was 84.92 million units, a year-on-year decrease of 1.68%[23]. - The company’s gross profit margin decreased year-on-year due to market demand weakness and significant fluctuations in raw material prices[30]. - The central air conditioning industry saw a year-on-year decline of 1.37% in the first half of 2022[24]. Corporate Governance and Compliance - The company reported a commitment that during the tenure of its directors and senior management, the annual transfer of shares shall not exceed 25% of their total holdings, with specific restrictions on buying and selling shares within certain timeframes[64]. - The company has committed to not engaging in any business that directly or indirectly competes with its main business during the tenure of its actual controller, ensuring no conflicts of interest arise[66]. - The company has a commitment to stabilize its stock price, including potential stock buybacks, and will publicly explain any failure to fulfill these commitments[66]. - There were no significant lawsuits or arbitration matters reported during the reporting period, indicating a stable legal environment for the company[67]. - The integrity status of the company and its major stakeholders is reported as good, with no major breaches of trust or legal obligations noted[67]. - The company has not engaged in any non-operating fund occupation by major shareholders or related parties during the reporting period, reflecting sound financial practices[67]. - There were no significant related party transactions reported that could impact the company's operations or financials[68]. Research and Development - The company added 46 new patent authorizations in 2022, bringing the total number of effective patents to 507, including 55 invention patents[31]. - The company continues to focus on technological innovation in energy-saving, health, and comfort aspects of its products[31]. Social Responsibility and Environmental Compliance - The company actively engages in social responsibility initiatives, with charitable donations amounting to CNY 125,000 during the reporting period[61]. - The company has implemented energy-saving measures, including the installation of distributed solar photovoltaic systems to improve energy efficiency[59]. - The company promotes green manufacturing through energy-efficient product design and optimized production processes[60]. - The company has maintained compliance with environmental regulations, with no significant pollution incidents reported during the reporting period[58]. Financial Reporting and Accounting Policies - The financial report was approved by the board of directors on August 27, 2022[119]. - The company recognizes foreign currency transactions at the approximate exchange rate on the transaction date, with monetary items converted at the exchange rate on the balance sheet date, resulting in exchange differences included in current profit or loss[132]. - Financial assets are classified into three categories upon initial recognition: (1) financial assets measured at amortized cost; (2) financial assets measured at fair value with changes recognized in other comprehensive income; (3) financial assets measured at fair value with changes recognized in profit or loss[135]. - The company applies the relevant accounting standards for financial instruments, ensuring accurate measurement and reporting of financial assets and liabilities[136]. - The company measures expected credit losses based on the weighted average of credit losses for financial instruments, considering the risk of default[151]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period was 9,887[76]. - The largest shareholder, Gao Yankan, reduced his holdings by 3,713,024 shares, holding a total of 97,508,336 shares, which is 52.52% of the total shares[78]. - The company has not provided guarantees to shareholders or related parties during the reporting period[75]. - There were no changes in the total number of shares or the capital structure during the reporting period[74].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 386,595,535.38, representing a decrease of 4.82% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 21,768,805.54, down 43.30% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 20,734,759.09, a decrease of 42.44% compared to the previous year[5]. - The basic earnings per share for the period was CNY 0.12, reflecting a decline of 42.86% year-on-year[5]. - Total revenue for Q1 2022 was CNY 386,595,535.38, a decrease of 4.4% compared to CNY 406,163,909.24 in Q1 2021[15]. - Net profit for Q1 2022 was CNY 21,330,649.23, down 44.4% from CNY 38,392,501.35 in Q1 2021[16]. - Earnings per share for Q1 2022 were CNY 0.12, compared to CNY 0.21 in Q1 2021[17]. - Operating profit for Q1 2022 was CNY 24,767,035.11, a decrease of 48.3% from CNY 47,981,261.76 in Q1 2021[16]. Assets and Equity - The total assets at the end of the reporting period were CNY 2,094,282,495.14, an increase of 1.12% from the end of the previous year[6]. - The equity attributable to shareholders increased to CNY 1,109,921,743.56, up 2.00% from the previous year[6]. - Total assets as of Q1 2022 were CNY 2,094,282,495.14, compared to CNY 2,071,022,641.21 at the end of Q1 2021[13]. - Total equity as of Q1 2022 was CNY 1,118,560,442.42, an increase from CNY 1,097,229,793.19 in Q1 2021[13]. Cash Flow - The net cash flow from operating activities was CNY 8,127,206.22, with the increase attributed to direct discounts received from customers[5][7]. - In Q1 2022, the cash inflow from operating activities was CNY 330,343,172.40, an increase of 51.3% compared to CNY 218,259,923.34 in Q1 2021[19]. - The net cash flow from operating activities was CNY 8,127,206.22, a significant recovery from a net outflow of CNY 40,686,322.32 in the same period last year[19]. - The total cash outflow from investing activities was CNY 2,423,225.62, down from CNY 5,378,779.41 in Q1 2021, indicating a reduction in investment spending[19]. - The cash inflow from financing activities was CNY 66,000,000.00, an increase of 43.5% compared to CNY 46,000,000.00 in Q1 2021[19]. - The net cash flow from financing activities was CNY 14,421,233.62, recovering from a net outflow of CNY 5,286,611.88 in the previous year[19]. - The cash and cash equivalents at the end of Q1 2022 amounted to CNY 139,507,705.78, a significant increase from CNY 76,905,830.92 at the end of Q1 2021[20]. - The company received tax refunds of CNY 2,923,330.78 in Q1 2022, compared to CNY 1,178,046.94 in Q1 2021, reflecting improved cash flow management[19]. - The total cash outflow for operating activities was CNY 322,215,966.18, which is higher than CNY 258,946,245.66 in the same quarter last year[19]. - The company reported a positive impact of CNY 25,997.66 from exchange rate fluctuations on cash and cash equivalents[20]. Costs and Expenses - Total operating costs for Q1 2022 were CNY 368,978,804.87, an increase of 2.4% from CNY 361,402,403.03 in Q1 2021[16]. - Research and development expenses for Q1 2022 were CNY 18,867,750.62, up from CNY 17,954,441.87 in Q1 2021[16]. Non-Recurring Items - The company reported non-recurring gains of CNY 1,034,046.45 for the period, primarily from government subsidies and asset disposals[7]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,102[9]. Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[19].

Financial Performance - The company's operating revenue for 2021 was CNY 1,819,604,562.82, representing a year-on-year increase of 29.86% due to an increase in customer orders[20]. - The net profit attributable to shareholders for 2021 was CNY 146,805,464.58, up 31.67% from the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 135,356,067.52, reflecting a 27.89% increase year-on-year[20]. - The net cash flow from operating activities for 2021 was CNY 123,790,076.22, an increase of 18.69% compared to 2020[20]. - As of the end of 2021, the total assets amounted to CNY 2,071,022,641.21, a 16.79% increase from the end of 2020[20]. - The net assets attributable to shareholders at the end of 2021 were CNY 1,088,152,938.02, which is a 7.30% increase from the end of 2020[20]. - The basic earnings per share for 2021 were CNY 0.79, up 31.67% from CNY 0.60 in 2020[21]. - The weighted average return on equity for 2021 was 14.05%, an increase of 2.32 percentage points compared to 2020[21]. - The company achieved a net profit attributable to shareholders of 146.81 million RMB, a year-on-year increase of 31.67% driven by increased customer orders and investment income from its associate company[22]. - Total revenue for 2021 reached 1.82 billion RMB, representing a year-on-year growth of 29.86%[29]. - The company reported a net profit of 135.36 million RMB after deducting non-recurring gains and losses, up 27.89% year-on-year[29]. Segment Performance - The household air conditioning fan segment produced 99.98 million units, a 9.68% increase, with revenue of 1.19 billion RMB, up 24.81%[29]. - The mechanical fan segment's production reached 15.04 million units, a 13.88% increase, generating revenue of 494.84 million RMB, a 43.35% increase[30]. - The composite materials segment produced 9,738.62 tons, a 15.06% increase, with revenue of 88.44 million RMB, up 27.80%[32]. Research and Development - R&D investment in the household air conditioning fan segment increased by 28% year-on-year, with 66 new projects initiated[30]. - The company holds a total of 321 patents in the household air conditioning fan segment, including 42 invention patents[30]. - Research and development expenses amounted to ¥89,858,423.77, representing a 25.74% increase from the previous year[50]. - The number of R&D personnel is 446, representing 16.47% of the total workforce[63]. Investment and Dividends - The company plans to distribute a cash dividend of CNY 4.00 per 10 shares, totaling CNY 74,260,480.00, subject to shareholder approval[5]. - In 2021, the company distributed cash dividends of 0.4 RMB per share, totaling 74.26 million RMB, which represents 66.61% of the 2020 net profit attributable to shareholders[35]. - The company invested 80 million RMB in Ningbo Yanchuang Dexin Venture Capital Partnership, holding a 5.95% stake, with the fund's total size reaching 1.34555 billion RMB[33]. - The company holds an 8.92% stake in Yongxi Electronics, which has applied for an IPO on the Sci-Tech Innovation Board, with the application approved on February 22, 2022[33]. Market and Industry Trends - The household air conditioner industry in China produced 160 million units in 2021, a year-on-year increase of 7.0%, while sales reached 150 million units, up 7.9%[36]. - The central air conditioning industry achieved a sales revenue of 123.17 billion RMB in 2021, reflecting a year-on-year growth of 25.4%[38]. - The domestic market for central air conditioning reached 112.01 billion RMB, growing by 26.98% year-on-year, driven by demand recovery and economic stability[38]. - The company anticipates increased market demand driven by environmental policies, energy efficiency, and consumption upgrades, alongside the launch of trillion-scale "new infrastructure" projects[76]. Risk Management - The company has disclosed potential risks in its management discussion and analysis section, urging investors to be cautious[7]. - The company faces risks related to seasonal demand fluctuations for air conditioning fans, high customer concentration, and volatility in raw material costs[80]. - The company has a high accounts receivable balance risk, which could negatively impact operations if client financial conditions deteriorate[81]. Corporate Governance - The company has established a dedicated internal audit department to enhance internal control processes and ensure compliance with relevant regulations[86]. - The company has implemented various internal control systems, including the Internal Audit System and the Related Party Transaction Management System, to strengthen governance[86]. - The company continues to enhance its investor relations management to ensure equal access to information for all shareholders[86]. - The company has not identified any instances of insider trading during the reporting period, ensuring fair treatment of all shareholders[86]. Employee Management - The company has established a comprehensive training system to enhance employee skills, covering areas such as corporate culture, leadership, and cost management[110]. - The company has a performance evaluation mechanism for senior management, linking compensation to the achievement of annual business goals[115]. - The company has a total of 2,708 employees, with 257 in the parent company and 2,451 in major subsidiaries[108]. Environmental Responsibility - The company emphasizes safety production, conducting regular training and safety drills to create a safe working environment[124]. - The company actively engages in green manufacturing practices to enhance production efficiency and reduce energy consumption[123]. - The company has no major pollution sources and complies with environmental regulations, with no significant environmental incidents reported during the reporting period[121]. - The company faced an administrative penalty of 20,000 yuan due to environmental violations related to VOC emissions, which has been rectified[119].