证券代码：603776 证券简称：永安行 公告编号：2023-039 转债代码：113609 债券简称：永安转债 永安行科技股份有限公司 关于使用部分闲置募集资金进行现金管理到期赎回并 继续进行现金管理的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 履行的审议程序：该事项经公司第四届董事会第二次会议、第四届监事会第二次会议审 议通过，公司独立董事、保荐机构已分别对此发表了同意意见。 一、前次理财产品到期赎回的情况 单位：万元 | 受托方名称 | 产品名称 | | 购买 | 赎回 | 起始日 | 到期日 | 理财 | 实际收 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 金额 | 金额 | | | 期限 | 益金额 | | 中国国际金 | 中金公司指数 | A | | | | | | | | 融股份有限 | 系列 期收益 623 | | 5,000 | 5,000 | 2023-2-7 | 2023-8-7 | 天 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥124,718,382.83, a decrease of 26.55% compared to the same period last year[3] - Net profit attributable to shareholders was ¥10,188,595.11, down 17.64% year-over-year[3] - Basic and diluted earnings per share were both ¥0.04, reflecting a decline of 20.00% compared to the previous year[3] - Net profit for Q1 2023 was ¥9,488,455.70, a decline of 21.3% from ¥12,022,500.32 in Q1 2022[19] - The company’s total comprehensive income for Q1 2023 was ¥9,613,985.09, compared to ¥12,277,696.17 in Q1 2022, reflecting a decrease of 21.7%[19] Cash Flow - The net cash flow from operating activities increased by 207.40%, reaching ¥54,551,826.85, primarily due to an increase in receivables collection[6] - In Q1 2023, the company reported cash inflows from operating activities of CNY 231,268,640.88, an increase of 29.7% compared to CNY 178,274,865.56 in Q1 2022[21] - The net cash flow from operating activities was CNY 54,551,826.85, a significant improvement from a negative cash flow of CNY -50,793,465.87 in the same period last year[21] - Cash outflows for purchasing goods and services decreased to CNY 35,405,582.68 from CNY 59,260,986.41, representing a reduction of 40.2%[21] - The company experienced a net cash outflow from investing activities of CNY -515,109,451.01, an improvement from CNY -660,188,953.19 in Q1 2022[22] - Cash inflows from financing activities totaled CNY 180,000,000.00, compared to CNY 12,000,000.00 in the previous year, marking a substantial increase[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,929,614,604.34, representing a 4.50% increase from the end of the previous year[4] - Total liabilities increased to ¥1,581,982,076.55 from ¥1,379,135,991.50, marking a rise of 14.7%[15] - The equity attributable to shareholders of the parent company was ¥3,325,271,380.89, up from ¥3,314,929,270.34[15] - As of March 31, 2023, the company's total current assets amounted to approximately RMB 4.18 billion, an increase from RMB 3.97 billion as of December 31, 2022, representing a growth of about 5.3%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,130[8] - The company has a significant shareholder, Sun Jisheng, holding 34.13% of the shares, with 9,594,921 shares pledged[9] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder alone holding over 79 million shares[10] Research and Development - The company has completed the construction of its technology research and development center, which is now in a usable state as of December 31, 2022[11] - Research and development expenses for Q1 2023 were ¥7,552,778.07, down from ¥10,264,133.19 in Q1 2022, indicating a reduction of 26.4%[18] - The company has not reported any significant new product developments or market expansions in this quarter[11] Other Financial Metrics - The return on equity (ROE) was 0.31%, a decrease of 0.05 percentage points compared to the previous year[3] - Non-recurring gains and losses amounted to ¥2,629,371.07, with a significant portion attributed to government subsidies[4] - The company reported a non-recurring loss from the disposal of non-current assets of ¥1,252,856.11[4] - The company incurred credit impairment losses of ¥21,373,238.24, significantly higher than ¥1,058,596.67 in the same period last year[18] - The company's cash and cash equivalents decreased to approximately RMB 470.28 million from RMB 753.43 million, a decline of about 37.5%[13] - The trading financial assets increased to approximately RMB 2.75 billion, up from RMB 2.31 billion, reflecting a growth of approximately 19%[13] - Accounts receivable rose to approximately RMB 730.53 million, compared to RMB 692.27 million, indicating an increase of about 5.5%[13]

Financial Performance - The company's operating revenue for 2022 was ¥677,634,103.15, a decrease of 22.40% compared to ¥873,271,423.34 in 2021[26]. - The net profit attributable to shareholders for 2022 was -¥67,824,602.83, representing a decrease of 254.69% from ¥43,844,404.56 in 2021[26]. - The basic earnings per share for 2022 was -¥0.29, a decline of 245.00% compared to ¥0.20 in 2021[27]. - The total assets at the end of 2022 were ¥4,717,126,548.15, down 1.98% from ¥4,812,405,471.47 at the end of 2021[26]. - The net cash flow from operating activities for 2022 was ¥128,928,766.58, a decrease of 17.89% from ¥157,025,836.04 in 2021[26]. - The company's net assets attributable to shareholders at the end of 2022 were ¥3,314,929,270.34, a decrease of 2.39% from ¥3,396,025,670.63 at the end of 2021[26]. - The diluted earnings per share for 2022 was -¥0.26, a decrease of 230.00% from ¥0.20 in 2021[27]. - The weighted average return on equity for 2022 was -2.02%, down 3.33 percentage points from 1.31% in 2021[27]. - The company reported a significant increase in bad debt provisions due to delayed payments from customers, impacting net profit[27]. Cash Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 1.3 RMB per 10 shares, totaling approximately 29.89 million RMB (including tax) based on a total share capital of 232,656,780 shares as of March 31, 2023[6]. - The company has established a three-year shareholder return plan for 2021-2023, emphasizing cash dividends[139]. - The company has a cash dividend policy that aims to protect the rights of shareholders, especially minority investors[141]. - The company declared a cash dividend of CNY 29,887,881.40, which represents -44.07% of the net profit attributable to ordinary shareholders in the consolidated financial statements[146]. - The company distributed a cash dividend of CNY 1.30 per 10 shares (including tax) during the reporting period[145]. Research and Development - The company invested in R&D for hydrogen energy products, focusing on a closed-loop ecosystem for hydrogen production, charging, and storage[39]. - The company has obtained a total of 246 domestic patents, 4 overseas patents, 81 software copyrights, 231 domestic trademarks, and 44 overseas trademarks, with 160 patents related to hydrogen energy[42]. - The company has a total of 446 R&D personnel, reflecting its commitment to innovation and technology development[136]. - The total R&D expenditure was CNY 43,129,630.94, accounting for 6.36% of operating revenue[78]. - The company is committed to increasing R&D investment to drive product upgrades and new product development[100]. Market Strategy and Product Development - The company is focusing on the development of hydrogen energy bicycles and related technologies as part of its future strategy[19]. - The company aims to reduce the manufacturing cost of hydrogen bicycles to be closer to that of electric bicycles, enhancing market competitiveness[41]. - The company is actively involved in setting standards for hydrogen bicycles in Jiangsu Province, aiming to strengthen its market position[39]. - The company aims to establish a green hydrogen ecosystem, focusing on producing more environmentally friendly and cost-effective hydrogen, with hydrogen products expected to become the main source of revenue in the next 2-3 years[44]. - The company is expanding its product offerings to include smart locks and intelligent management systems, enhancing its smart living services alongside its mobility solutions[55]. Risks and Compliance - The company has described potential risks in its report, urging investors to pay attention to investment risks[10]. - The company faces risks related to the sustainability of government policy support for bicycle transportation, which could impact market size and profitability if support decreases[102]. - The company is exposed to price fluctuations in raw materials, particularly electronic components, which may affect gross margins due to rising operational costs[103]. - Accounts receivable from government clients account for 72.92% of total receivables, posing a risk of bad debt if payments are delayed[106]. - The company has implemented measures to ensure compliance with high-tech enterprise qualifications to maintain tax benefits[105]. Corporate Governance - The company confirmed that all board members guarantee the authenticity, accuracy, and completeness of the annual report[9]. - The company has independent directors and external supervisors whose remuneration is based on industry standards[123]. - The company has a structured decision-making process for the remuneration of its directors and senior management[123]. - The company has established a performance evaluation mechanism for senior management, which is directly accountable to the board of directors[150]. - The company has undergone changes in its board members, including the election of a new chairman of the supervisory board[124]. Environmental Responsibility - The company aims to create a low-carbon travel platform with products like bicycles, shared electric vehicles, and hydrogen-powered bicycles[156]. - The company reduced carbon emissions by 4,357 tons through various carbon reduction measures, including the use of solar power and hydrogen fuel cell products[157]. - The company complies with multiple environmental laws and has not faced any administrative penalties related to environmental issues during the reporting period[155]. - The company has not disclosed a separate social responsibility or ESG report[160]. Audit and Financial Reporting - The company has received a standard unqualified audit report from Rongcheng Accounting Firm[5]. - The internal control audit report for the year 2022 received a standard unqualified opinion[152]. - The company has implemented strict management and control over its subsidiaries, ensuring compliance with relevant laws and regulations[151]. - The company has established a link between the compensation system and the execution of return measures[173]. Wealth Management and Investments - The company has entrusted a total of ¥400,000,000 in bank wealth management products, with no overdue amounts[183]. - The company has invested ¥100,000,000 in broker products sourced from raised funds, with an outstanding balance of ¥100,000,000[183]. - The company has allocated ¥438,000,000 in bank wealth management products, with an outstanding balance of ¥40,000,000[183]. - The company has successfully recovered all invested amounts from various wealth management products[186]. - The annualized return rate for the bank wealth management product from Agricultural Bank was 3.35%, yielding an actual return of ¥4,913,333.40[184].

转债代码：113609 债券简称：永安转债 证券代码：603776 证券简称：永安行 公告编号：2023-018 永安行科技股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并 对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 投资者可于 2023 年 4 月 24 日(星期一)至 4 月 28 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 eversafe@ibike668.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。 永安行科技股份有限公司（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 4 日下午 13:00-14:00 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 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果及财务指标的具体情 况 ...

Financial Performance - The company reported a half-year revenue of 1.2 billion RMB, representing a year-on-year increase of 15%[13]. - The company's operating revenue for the first half of 2022 was ¥373,931,483.16, a decrease of 13.76% compared to ¥433,605,275.97 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was ¥61,574,229.51, down 24.84% from ¥81,923,247.69 year-on-year[21]. - The basic earnings per share for the first half of 2022 was ¥0.27, a decline of 27.03% from ¥0.37 in the same period last year[22]. - The company reported a total comprehensive income of ¥59,238,747.19 for the first half of 2022, down from ¥81,376,146.69 in the same period of 2021, a decrease of 27.2%[140]. - The net profit for the first half of 2022 was ¥62,990,432.68, down 29.0% from ¥88,493,207.27 in the first half of 2021[143]. - The company reported a net loss of CNY 119,568,666.74 during the period, reflecting significant financial challenges[154]. User Engagement and Market Expansion - User data indicates a total of 5 million active users in the shared mobility sector, up 20% compared to the previous year[13]. - The company plans to expand its market presence by entering three new cities by the end of 2022, aiming for a 25% increase in user base[13]. - Future guidance suggests a projected revenue growth of 30% for the next fiscal year, driven by increased user engagement and market expansion[13]. - The company is expanding its market presence in lower-tier cities by promoting longer-range shared electric bicycles, addressing the needs of these markets[48]. Research and Development - New product development includes the launch of a smart bike model equipped with IoT technology, expected to enhance user experience and operational efficiency[13]. - The company has allocated 100 million RMB for R&D in new energy solutions, focusing on hydrogen-powered bicycles and smart living systems[13]. - The company has invested in the development of the Y400 hydrogen-powered bicycle, which is set to be the first hydrogen-powered bicycle for personal consumption in China, addressing zero-carbon commuting needs within 30 kilometers[52]. - The company has a total of 233 valid patents, including 40 invention patents, and has made significant investments in R&D, with R&D expenses increasing by 20.29% year-on-year[51][55]. Sustainability and Innovation - The report highlights a commitment to sustainability and innovation in product offerings, particularly in the shared mobility and smart living sectors[12]. - The company aims to achieve zero carbon emissions in transportation by integrating hydrogen technology into its mobility solutions[46]. - The company aims to create a green shared travel ecosystem by integrating various low-carbon transportation tools such as bicycles and electric vehicles[83]. Financial Position and Assets - The company’s total assets increased by 2.22% to ¥4,919,450,860.63 from ¥4,812,405,471.47 at the end of the previous year[21]. - The total liabilities of the company amounted to RMB 1,462.17 million, with current liabilities at RMB 553.56 million and non-current liabilities at RMB 908.61 million[128]. - The company's total assets reached ¥4,961,227,966.72, an increase from ¥4,873,321,167.19, indicating a growth of 1.8%[138]. Risks and Challenges - The company faces risks related to the sustainability of government support for bicycle transportation, which could impact market size and profitability if support decreases[70]. - Fluctuations in raw material prices, particularly electronic components, pose a risk to product costs and service operation costs, potentially affecting gross margins[71]. - The hydrogen energy sector's development may not meet expectations due to high raw material costs and insufficient government support, increasing investment risks[72]. Corporate Governance and Compliance - The company has established a comprehensive corporate governance structure, including a board of directors and various departments[161]. - The integrity status of the controlling shareholder and actual controller was good, with no unfulfilled court judgments or significant debts due[95]. - The company has committed to not unfairly transferring benefits to other entities or individuals[93]. Shareholder Information - The largest shareholder, Sun Jisheng, holds 79,400,092 shares, representing 34.02% of total shares[110]. - The total number of shares decreased from 233,447,522 to 233,426,169, a reduction of 21,353 shares[103]. - The company has a total of 2.75 million shares held in a repurchase account, accounting for 1.18% of total shares[111]. Financial Reporting and Accounting - The financial statements are prepared in accordance with the Chinese accounting standards, reflecting the company's financial position and operating results accurately[167]. - The group operates in public bicycle system sales, public bicycle system operation services, shared travel services, and hydrogen energy manufacturing[161]. - The group recognizes long-term equity investments held by subsidiaries as treasury stock, reducing owner's equity in the consolidated balance sheet[181].

Dividend Distribution - The company plans to distribute a cash dividend of 1 RMB per 10 shares to all shareholders, totaling approximately 23.07 million RMB (including tax) based on the total share capital of 233,425,866 shares as of March 31, 2022[5]. - The company has committed to maintaining the total cash distribution amount unchanged, adjusting the per-share cash dividend if there are changes in total share capital before the dividend record date[5]. - In 2020, the company distributed cash dividends of ¥6.334 per 10 shares, totaling ¥119,568,665, along with a capital reserve increase of 2 shares for every 10 shares held[128]. Financial Performance - The company's operating revenue for 2021 was approximately CNY 873.27 million, a slight increase of 0.04% compared to 2020[23]. - Net profit attributable to shareholders decreased by 91.13% to CNY 43.84 million, primarily due to reduced investment income and increased operational costs[24]. - Basic earnings per share fell by 90.95% to CNY 0.20, reflecting the significant drop in net profit[24]. - Cash flow from operating activities decreased by 55.41% to CNY 157.03 million, attributed to increased raw material purchases and reduced collections[24]. - The company reported a net asset value of approximately CNY 3.40 billion at the end of 2021, a decrease of 0.19% from the previous year[23]. - Total assets at the end of 2021 were approximately CNY 4.81 billion, down 2.56% from 2020[23]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies, advising investors to be cautious[6]. - The report includes a section on potential risks that the company may face in the future, which investors are encouraged to review[8]. - The company faces risks from price fluctuations of raw materials, particularly electronic components, which may impact gross margins on existing service projects[98]. - The hydrogen energy sector has not met expectations due to high upstream material costs and insufficient government support, increasing investment risks[99]. Corporate Governance - The company has implemented measures to ensure compliance with corporate governance standards and protect shareholder interests[102]. - The company has a structured decision-making process for determining the remuneration of directors and supervisors, which is approved by the shareholders' meeting[110]. - The company has a diverse board with members holding advanced degrees and extensive experience in various fields[108]. - The company has no reported plans for stock option grants or employee stock ownership plans during the reporting period[133]. Research and Development - The company is focused on the development of new technologies and products, particularly in the shared mobility sector, which includes public bicycles and electric vehicles[12]. - The company has developed two hydrogen vehicle products, Y200 and Y400, and plans to expand its hydrogen energy product R&D and market promotion[34]. - The company invested in a new type of magnetic storage chip (PMRAM), which is expected to be suitable for AI applications and has completed sample testing with a read/write speed of less than 20ns[35]. - The number of R&D personnel is 417, accounting for 8.31% of the total workforce[73]. Shareholding Structure - The largest shareholder, Sun Jisheng, holds 79,400,092 shares, accounting for 34.01% of the total shares, with 10,655,367 shares pledged[191]. - The company’s shareholding structure indicates a significant presence of domestic natural persons and non-state-owned legal entities[191]. - The total number of ordinary shareholders as of the end of the reporting period was 17,012, a decrease from 17,736 at the end of the previous month[189]. Strategic Focus - The company aims to expand its hydrogen energy business, focusing on the development of hydrogen vehicles and fuel cell systems, with plans to optimize technology and reduce costs[93]. - The company is accelerating the development of new businesses, particularly in shared electric vehicles and hydrogen vehicles, to become the main driver of future growth[97]. - The company plans to enhance product competitiveness through technology research and development, focusing on hydrogen energy products in 2022[95]. Compliance and Legal Matters - There were no significant lawsuits or arbitration matters reported for the year[160]. - The company has not faced any delisting risk or bankruptcy reorganization matters[160]. - The integrity status of the company's controlling shareholders and actual controllers is reported to be good, with no significant debts overdue[163]. Investment and Financial Management - The company has engaged in cash asset management, with a total of RMB 950 million in bank and securities wealth management products and RMB 301 million in self-owned funds[170]. - The company has not made any provisions for impairment on entrusted financial management products[176]. - The company has not engaged in any entrusted loan activities during the reporting period[177].

Financial Performance - The company's operating revenue for Q1 2022 was ¥169,804,122.48, representing a decrease of 15.88% compared to the same period last year[2]. - The net profit attributable to shareholders was ¥12,370,370.63, down 57.33% year-on-year[2]. - Basic earnings per share decreased by 68.75% to ¥0.05[2]. - Total operating revenue for Q1 2022 was CNY 169.80 million, a decrease of 15.87% compared to CNY 201.87 million in Q1 2021[14]. - Net profit for Q1 2022 was CNY 12.02 million, a decline of 58.32% from CNY 28.87 million in Q1 2021[14]. - The total comprehensive income attributable to the parent company's owners for Q1 2022 was ¥12,625,566.48, down 56.5% from ¥29,018,862.19 in Q1 2021[15]. - The basic earnings per share for Q1 2022 was ¥0.05, compared to ¥0.16 in Q1 2021, reflecting a decline of 68.8%[15]. Cash Flow - The net cash flow from operating activities was negative at -¥50,793,465.87, a decline of 533.85% compared to the previous year[2]. - Cash flow from operating activities for Q1 2022 was negative at -¥50,793,465.87, a significant drop from positive cash flow of ¥11,707,573.88 in Q1 2021[17]. - Cash inflow from operating activities totaled ¥178,274,865.56 in Q1 2022, down 20.9% from ¥225,380,234.56 in Q1 2021[17]. - Cash outflow from operating activities increased to ¥229,068,331.43 in Q1 2022, up 7.2% from ¥213,672,660.68 in Q1 2021[17]. - The net cash flow from investing activities was -¥660,188,953.19 in Q1 2022, compared to -¥592,377,960.80 in Q1 2021, indicating increased investment outflows[18]. - The net cash flow from financing activities was positive at ¥12,000,000.00 in Q1 2022, contrasting with a negative cash flow of -¥50,067,500.00 in Q1 2021[18]. - The ending cash and cash equivalents balance for Q1 2022 was ¥253,455,178.29, down from ¥500,251,338.04 in Q1 2021[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,761,898,471.57, a decrease of 1.05% from the end of the previous year[3]. - Total assets as of March 31, 2022, were CNY 4.76 billion, slightly down from CNY 4.81 billion at the end of 2021[12]. - Total liabilities decreased to CNY 1.34 billion from CNY 1.42 billion at the end of 2021[12]. - The company’s total equity increased to CNY 3.42 billion from CNY 3.40 billion at the end of 2021[12]. - The equity attributable to shareholders increased slightly by 0.37% to ¥3,408,490,645.83[3]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,736[7]. - The largest shareholder, Sun Jisheng, holds 34.02% of the shares, amounting to 79,400,092 shares[7]. Impact of COVID-19 - The company reported a significant impact on revenue due to the ongoing COVID-19 pandemic, affecting both net profit and cash flow[5]. - Non-recurring gains and losses amounted to ¥2,769,308.32, with a significant portion attributed to asset impairment provisions due to the pandemic[5]. Research and Development - Research and development expenses increased to CNY 10.26 million in Q1 2022, up from CNY 9.06 million in Q1 2021[14]. Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[10].

Dividend Distribution - The company plans to distribute a cash dividend of 1 RMB per 10 shares to all shareholders, totaling approximately 23.07 million RMB (including tax) based on the total share capital of 233,425,866 shares as of March 31, 2022[5]. - The company has committed to maintaining the total cash distribution amount unchanged, adjusting the per-share cash dividend amount if there are changes in total share capital due to convertible bonds or other factors[5]. - The company plans to distribute cash dividends of ¥1 per 10 shares for the 2021 fiscal year, totaling approximately ¥23,067,586.60 (including tax)[129]. Financial Performance - The company's operating revenue for 2021 was approximately CNY 873.27 million, a slight increase of 0.04% compared to 2020[23]. - The net profit attributable to shareholders decreased by 91.13% to approximately CNY 43.84 million in 2021, primarily due to reduced investment income from Hello Inc. and currency fluctuations[24]. - The basic earnings per share dropped by 90.95% to CNY 0.20, reflecting the significant decline in net profit[24]. - The net cash flow from operating activities decreased by 55.41% to approximately CNY 157.03 million, attributed to increased raw material procurement and reduced receivables[24]. - The total assets at the end of 2021 were approximately CNY 4.81 billion, a decrease of 2.56% from the previous year[23]. - The weighted average return on equity fell to 1.31%, a decrease of 15.55 percentage points compared to 2020[23]. - The net profit after deducting non-recurring gains and losses for 2021 was approximately CNY 38.02 million, down 69.28% from the previous year[23]. - The company's net assets attributable to shareholders at the end of 2021 were approximately CNY 3.40 billion, a slight decrease of 0.19% from 2020[23]. Market Expansion and Product Development - The company is focused on expanding its market presence in the shared mobility industry, which includes public bicycles and shared electric vehicles[12]. - The company is developing new technologies and products, including smart living systems and hydrogen vehicles, to enhance its service offerings[13]. - The company launched 1,000 hydrogen vehicle systems, becoming the first in the industry to operate large-scale hydrogen vehicle systems, which are expected to significantly boost future performance[34]. - The company has developed two hydrogen vehicle products, Y200 and Y400, and plans to expand its hydrogen energy product R&D and market promotion, leveraging a 50,000-unit fuel cell production line[34]. - The shared electric bicycle market in China is projected to exceed 10 billion RMB in revenue in 2022, with a forecast of over 20 billion RMB by 2025[37]. - The company is expanding its product offerings in smart home technology, leveraging IoT and big data to enhance user experience[50]. Research and Development - The company has over 200 patents related to core technologies in the hydrogen energy sector, indicating a strong focus on innovation[52]. - The company has 417 R&D personnel, accounting for 8.31% of the total workforce[73]. - Research and development expenses amounted to CNY 40,968,533.53, representing 4.69% of total operating revenue[72]. Corporate Governance and Compliance - The company has implemented measures to ensure compliance with corporate governance standards, enhancing transparency and protecting shareholder interests[102]. - The company has a structured decision-making process for the remuneration of directors and supervisors, which is approved by the shareholders' meeting[110]. - The company has appointed various independent directors and external supervisors with diverse backgrounds and expertise[109]. - The company did not face any penalties from securities regulatory authorities in the past three years[113]. - There were no dissenting opinions raised by the board members regarding company matters[117]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies, advising investors to be cautious[6]. - The company has not disclosed any significant risks that could impact the authenticity and accuracy of the annual report[8]. - The company faces risks from price fluctuations of raw materials, particularly electronic components, which may impact gross margins on existing service projects[98]. - The hydrogen energy sector has not met expectations due to high upstream material costs and insufficient government support, increasing investment risks for the company[99]. - The company is optimizing product design and production efficiency to lower costs and mitigate investment risks in the hydrogen energy market[99]. Shareholder Structure and Stock Management - The largest shareholder, Sun Jisheng, holds 79,400,092 shares, representing 34.01% of the total shares, with 10,655,367 shares pledged[193]. - The company’s stock structure includes 187,580,000 unrestricted circulating shares, accounting for 99.33% of the total shares[182]. - The company has implemented an employee stock incentive plan, with various employees holding a total of 1,000,000 restricted shares, subject to a 12 to 24-month lock-up period[196]. - The company’s shareholder structure remains predominantly domestic, with significant holdings by individual and institutional investors[193]. Financial Management and Investments - The company reported a fair value change gain of 3.65 million RMB from trading financial assets during the reporting period[30]. - The company has entrusted a total of ¥70,000,000 in fixed deposits with China Bank, yielding an annualized return of 4.12%[172]. - The company invested ¥50,000,000 in a brokerage wealth management product with China International Financial Co., achieving a return of ¥1,134,246.58, which is approximately 2.27%[172]. - The company has not made any provisions for impairment on entrusted financial management, indicating a stable investment environment[178]. - The company plans to continue its financial management strategy without any immediate changes to its investment approach[178]. Environmental and Social Responsibility - The company is committed to environmental responsibility, promoting a green shared mobility ecosystem through various low-carbon transportation options[141]. - The company actively participates in rural revitalization projects, utilizing its Y3 assistive vehicles to enhance rural transportation and support local economies[143].

Financial Performance - The company's operating revenue for Q3 2021 was ¥238,347,480.27, a decrease of 5.11% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥28,315,922.73, down 26.50% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥28,900,265.63, a decrease of 23.54% compared to the previous year[3] - The basic earnings per share for Q3 2021 was ¥0.13, a decline of 23.53% year-on-year[3] - Total operating revenue for the first three quarters of 2021 reached ¥671,952,756.24, an increase of 2.65% compared to ¥658,205,435.57 in the same period of 2020[17] - Net profit for the first three quarters was ¥109,480,005.86, slightly up from ¥109,284,575.71 in the previous year, indicating a growth of 0.18%[18] - The company reported a gross profit margin of approximately 15.3% for the first three quarters of 2021, compared to 16.5% in the same period of 2020[17] - Basic earnings per share for the first three quarters was ¥0.50, compared to ¥0.49 in the same period of 2020[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,851,851,814.21, a decrease of 1.76% from the end of the previous year[4] - As of September 30, 2021, the company's total assets amounted to ¥4,851,851,814.21, a decrease from ¥4,938,955,846.41 as of December 31, 2020[12][15] - The company's total liabilities decreased to ¥1,393,437,254.68 from ¥1,533,355,415.82[14] - The total current assets decreased to ¥3,996,109,235.06 from ¥4,105,587,310.54 year-over-year[13] - The company's cash and cash equivalents were ¥327,104,541.99, down from ¥1,214,553,989.44 in the previous year[12] - The total equity attributable to shareholders increased to ¥3,455,930,562.22, reflecting a growth of 1.57% compared to the end of the previous year[4] - The total equity attributable to shareholders increased to ¥3,455,930,562.22 from ¥3,402,557,268.72[14] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥174,656,812.77, down 22.99% year-on-year[3] - Operating cash flow for the first three quarters was ¥174,656,812.77, down 23% from ¥226,795,342.85 in the previous year[20] - The total cash inflow from operating activities was ¥702,827,139.56, down 12% from ¥798,764,445.73 in the previous year[20] - The net cash flow from investment activities was -$856,559,936.38, worsening from -$266,520,466.73 year-over-year[21] - The net cash flow from financing activities was -$219,919,705.40, compared to -$72,761,514.57 in the previous year, indicating a decline in financing[21] - The net increase in cash and cash equivalents was -$901,462,834.39, compared to -$112,316,515.40 in the previous year, showing a significant decrease in liquidity[21] - The ending balance of cash and cash equivalents was $300,654,244.65, down from $372,540,137.48 year-over-year[21] Investments and Expenses - Research and development expenses increased to ¥28,252,000.54, a rise of 10.5% from ¥25,629,152.57 in the same period last year[17] - The company achieved an investment income of ¥3,549,946.30, significantly higher than ¥1,366,677.27 in the previous year, marking a growth of 159.5%[17] - Total operating costs amounted to ¥575,914,290.18, up 8.87% from ¥528,913,442.81 year-on-year[17] - The company reported a decrease in sales expenses to ¥7,794,274.94, down 18.8% from ¥9,592,936.84 in the previous year[17] - The total cash outflow from investment activities was $1,204,235,978.68, compared to $589,053,467.22 in the previous year, indicating a significant increase in investment spending[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,613[8] - The company had a weighted average return on equity of 0.79%, a decrease of 0.6 percentage points compared to the previous year[3] Legal Matters - The company has a pending arbitration case involving a claim of ¥6,161,573.09, which has been resolved with a ruling in favor of the applicant for ¥615.36 million[10] Accounting Changes - The company has adopted new leasing standards starting in 2021, which may impact future financial reporting[21]

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2021, representing a year-on-year increase of 20%[12]. - The company's operating revenue for the first half of 2021 was ¥433,605,275.97, representing a 6.53% increase compared to ¥407,025,698.70 in the same period last year[19]. - Net profit attributable to shareholders was ¥81,923,247.69, a 15.05% increase from ¥71,207,616.51 year-on-year[19]. - The basic earnings per share increased by 15.63% to ¥0.37 from ¥0.32 in the previous year[20]. - The diluted earnings per share saw a significant increase of 100% to ¥0.33, attributed to the issuance of convertible bonds in November 2020[21]. - The company's revenue for the first half of 2021 was 433.61 million RMB, representing a year-on-year growth of 6.53%[52]. - The net profit attributable to shareholders was 81.92 million RMB, an increase of 15.05% year-on-year, while the net profit excluding non-recurring items decreased by 23.12% to 51.32 million RMB[49]. - The operating service revenue from public bicycles was 288 million RMB, while the revenue from the Yongan travel platform was 81 million RMB[49]. User Growth and Market Expansion - User data indicates that the active users of the shared bicycle service reached 1.5 million, up from 1.2 million in the same period last year, marking a growth of 25%[12]. - The company plans to expand its market presence by entering three new cities by the end of 2021, aiming for a 15% increase in market share[12]. - The company aims to improve urban transportation by integrating shared bicycles into the public transport system, potentially increasing their usage to over 15% in well-developed areas[34]. - The company operates in over 300 cities and regions across China, leveraging its existing public bicycle operations to expand into shared e-bikes and electric vehicles, focusing on second to fourth-tier cities[46]. - The company has expanded its shared travel services to over 300 cities and regions across the country, with over 300 million RMB in public bicycle project renewals or expansions completed[50]. Research and Development - Research and development expenses increased by 30% to 50 million CNY, focusing on new technologies in smart bicycles and data cloud technology[12]. - The company is committed to R&D investments, particularly in shared e-bikes and hydrogen fuel cell vehicles, which are expected to become new growth points[39]. - The company is investing heavily in R&D, allocating 200 million for new technology development aimed at enhancing user experience[93]. - The company has received 8 invention patents from the National Intellectual Property Administration of China, enhancing its core technological capabilities and intellectual property protection[45]. - The company submitted over 20 patent applications related to hydrogen energy and received authorization for 2 new hydrogen fuel-related invention patents during the reporting period[51]. Financial Integrity and Compliance - The company has no non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[5]. - There are no violations of decision-making procedures regarding external guarantees, maintaining compliance with regulations[5]. - The financial report for the first half of 2021 has not been audited, but management assures its accuracy and completeness[6]. - The company emphasizes the importance of risk management, highlighting potential risks in the operational environment[5]. Cash Flow and Investments - The net cash flow from operating activities decreased by 22.19% to ¥128,949,817.09 from ¥165,723,584.79 in the same period last year[19]. - The net cash flow from operating activities for the first half of 2021 was ¥112,555,550.68, an increase of 30.4% compared to ¥86,353,942.47 in the same period of 2020[157]. - The company reported a net cash outflow from investing activities of CNY 677,207,987.31 for the first half of 2021, compared to a net outflow of CNY 198,891,165.57 in the previous year, indicating a significant increase in investment expenditures[153]. - The company’s cash and cash equivalents decreased by 62.19% year-on-year, primarily due to the reclassification of financial products[55]. Shareholder and Stock Management - The company has committed to stock price stabilization measures, including potential stock buybacks if certain conditions are met[86]. - The controlling shareholder, Mr. Sun Jisheng, will increase his shareholding to stabilize the company's stock price, with the total amount not exceeding 30% of the cash dividends received since the company's listing[87]. - Company directors and senior management will also increase their shareholding, with the total amount not exceeding 30% of their after-tax salary and cash dividends from the previous year[88]. - The company will implement measures such as reducing expenses and limiting senior management salaries to enhance performance and stabilize stock prices[87]. Environmental and Social Responsibility - The company is committed to achieving carbon peak targets in the transportation sector by 2030, promoting low-energy, low-emission, and high-efficiency transportation methods[38]. - The company promotes a green shared travel ecosystem, integrating bicycles and electric vehicles to improve urban transportation[81]. - The company actively explores rural tourism poverty alleviation projects, contributing to rural revitalization efforts[83]. Corporate Governance - The group has established a corporate governance structure including a shareholders' meeting, board of directors, and supervisory board[171]. - The group currently includes a total of 30 subsidiaries in the consolidated financial statements, with one new company established this year[172]. - The group assessed its ability to continue as a going concern for the next 12 months and found no issues affecting this capability[175]. Risk Management - The company faces risks related to government support for bicycle transportation, which could impact market size and profitability if support decreases[66]. - The company is actively pursuing new business developments, particularly in shared electric bicycles, to mitigate risks associated with government support[66]. - The company reported a significant risk of cost increases due to price fluctuations in electronic components, which could negatively affect gross margins[67].