Financial Performance - The company's operating revenue for 2022 was RMB 4,903,618,996.49, representing a 14.55% increase compared to RMB 4,280,842,215.02 in 2021[23] - The net profit attributable to shareholders for 2022 reached RMB 162,174,534.28, a significant increase of 1,326.25% from RMB 11,370,714.38 in 2021[23] - The net cash flow from operating activities was RMB 425,227,746.00, reflecting a 55.65% increase from RMB 273,203,011.37 in the previous year[23] - The total assets of the company as of the end of 2022 were RMB 3,316,984,684.08, which is a 17.53% increase from RMB 2,822,228,567.44 at the end of 2021[23] - The basic earnings per share for 2022 was RMB 0.7950, a substantial increase of 1,225.00% compared to RMB 0.06 in 2021[24] - The weighted average return on equity for 2022 was 14.93%, an increase of 13.83 percentage points from 1.10% in 2021[24] - The net assets attributable to shareholders at the end of 2022 were RMB 1,155,301,773.32, a 15.42% increase from RMB 1,000,989,372.38 at the end of 2021[23] - The company reported a net profit of RMB 147,700,774.28 after deducting non-recurring gains and losses, compared to a loss of RMB 10,718,923.86 in 2021[23] Business Strategy and Operations - The company focused on promoting high-end intelligent lithium battery vehicles, particularly the "Super Energy Run Series + Far Sailing Dual Core" models[31] - By the end of the reporting period, the company had approximately 1,700 domestic dealers and around 15,000 retail outlets, improving terminal coverage[33] - The company implemented a strategy to enhance retail operations at dealer networks and optimize poor-quality networks[33] - The company emphasized cost control and lean management, resulting in a decrease in expenses compared to the previous year[31] - The company engaged in various marketing activities to strengthen brand differentiation and connect with younger consumers[32] - The company plans to continue expanding its international business and overseas channel construction[30] - The company is focusing on product innovation, having developed a second-generation dual-core dual-power system and a four-in-one intelligent integration system, enhancing product quality and safety[35] - The company aims to enhance operational efficiency through the "New Day Management Operation System" and project-based management mechanisms, promoting a flatter communication structure[34] Market and Industry Trends - The electric two-wheeler industry in China has become highly competitive, with leading brands focusing on technological innovation and product upgrades, resulting in a clearer brand competition landscape[39] - The electric bicycle market is expected to grow due to rising living standards and the demand for low-carbon, economical transportation options[38] - The overseas electric motorcycle market is projected to reach annual sales of 27 million units, with 60% of the current fuel motorcycle market expected to switch to electric[90] - The implementation of new national standards has led to increased industry concentration, with weaker companies likely to exit the market, benefiting larger enterprises[40] - The transition period for old and new national standards for electric bicycles may lead to a significant market shift, with many old standard products facing elimination, creating opportunities for compliant companies[107] Research and Development - Research and development expenses increased by 6.24% to 97.93 million RMB, reflecting the company's commitment to innovation[56] - The company holds 13 invention patents and 142 utility model patents, demonstrating its strong technological innovation capabilities[46] - The company is advancing sodium-ion battery technology to capture new market segments in electric vehicles[35] - The company is enhancing the automation and intelligence levels of its manufacturing processes to establish a solid production foundation for future growth[36] Corporate Governance - The company held 2 shareholder meetings during the reporting period, including 1 annual and 1 extraordinary meeting[114] - The board of directors consists of 9 members, including 3 independent directors, and held 9 meetings during the reporting period[114] - The supervisory board, comprising 3 members, conducted 6 meetings and effectively monitored the company's operations[114] - The company disclosed 72 temporary announcements and 4 regular reports, ensuring timely and accurate information for investors[115] - The company maintains complete independence in assets, business, personnel, institutions, and finance from its controlling shareholders[117] Environmental and Social Responsibility - The company invested 16.0456 million yuan in environmental protection during the reporting period[158] - The company was listed as a key pollutant discharge unit in Wuxi for 2022, with subsidiaries in Tianjin and Hubei also identified for air pollution[159] - The company has established a dedicated environmental safety department to oversee its environmental initiatives[168] - The company has committed to a carbon peak and carbon neutrality project, although specific carbon reduction figures were not disclosed[168] - The company provided employment opportunities for over 60 individuals from the Kyrgyz ethnic group in Xinjiang, ensuring equal pay with Han employees[169] Shareholder Information - The total number of ordinary shareholders reached 12,123 by the end of the reporting period, an increase from 11,738 at the end of the previous month[196] - Zhang Chongshun has pledged 34,280,000 shares, accounting for 16.80% of the company's total share capital[194] - The largest shareholder, Zhang Chongshun, holds 92,921,300 shares, representing 45.55% of the total shares, with 34,280,000 shares pledged[198] - The total number of shares held by the top four shareholders is 149,039,200, representing 74.06% of the total shares[198] Employee and Management Compensation - The total pre-tax remuneration for the directors and supervisors amounted to 537.54 million yuan for the reporting period[121] - The company emphasizes a performance-based compensation policy, ensuring fairness and competitiveness in salary structures[139] - The company has established a performance evaluation mechanism for senior management, linking compensation to annual performance metrics[154] - The total remuneration for all directors, supervisors, and senior management during the reporting period amounted to 5.3754 million yuan[125] Financial Auditing and Compliance - The company has appointed Tianheng Accounting Firm as the auditor for the 2022 financial statements, with a fee of 900,000 RMB[184] - The internal control audit will also be conducted by Tianheng Accounting Firm, with a fee of 300,000 RMB[184] - The company has not faced any penalties from securities regulatory authorities in the past three years[127] - The company has ensured that all commitments made by controlling shareholders and management are in compliance with regulatory requirements[179]

证券代码：603787 证券简称：新日股份 2022 年第三季度报告 江苏新日电动车股份有限公司 2022 年第三季度报告 1 / 13 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上 | | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 年同期增减变 | 年初至报告期末 | 比上年同期增减 | | | | 动幅度(%) | | 变动幅度(%) | | 营业收入 | 1,721,924,505.27 | 25.90% | 4,10 ...

Financial Performance - The company's operating revenue for the first half of 2022 reached ¥2,378,272,695.52, representing a 17.14% increase compared to ¥2,030,249,753.52 in the same period last year[19] - The net profit attributable to shareholders of the listed company was ¥65,237,395.53, a significant increase of 434.97% from ¥12,194,560.49 in the previous year[19] - The company reported a net profit excluding non-recurring gains and losses of ¥63,641,696.09, compared to a loss of ¥2,592,811.73 in the same period last year[19] - Basic earnings per share increased to CNY 0.32 from CNY 0.06, representing a growth of 433.33% year-on-year[21] - Diluted earnings per share also rose to CNY 0.32 from CNY 0.06, reflecting the same growth rate of 433.33%[21] - The weighted average return on equity increased to 6.32% from 1.17%, an increase of 5.15 percentage points[21] - The return on equity after deducting non-recurring gains and losses improved to 6.17% from -0.25%, an increase of 6.42 percentage points[21] - The company achieved a revenue of CNY 2,378,272,695.52 in the first half of 2022, representing a year-on-year growth of 17.14%[43] - The net profit attributable to shareholders reached CNY 6,523,740, a significant increase of 434.97% compared to the previous year[36] - The company reported a general upward trend in revenue, attributed to strong R&D capabilities, product innovation, and a well-established marketing network[64] Cash Flow and Assets - The net cash flow from operating activities decreased by 49.17% to ¥132,418,061.25, down from ¥260,535,352.90 in the same period last year[19] - The total assets of the company increased by 21.13% to ¥3,418,608,376.44, compared to ¥2,822,228,567.44 at the end of the previous year[20] - Total cash inflow from operating activities increased to ¥2,953,029,089.56 in the first half of 2022, up 40% from ¥2,112,770,860.76 in the first half of 2021[123] - Cash paid for purchasing goods and services increased to ¥2,449,815,795.49, up 65% from ¥1,480,015,320.87 in the first half of 2021[123] - The total liabilities as of June 30, 2022, are CNY 2,346,534,952.48, compared to CNY 1,803,175,427.31 at the start of the period[109] - The company's cash and cash equivalents at the end of the reporting period are CNY 1,416,055,552.83, up from CNY 1,170,289,356.29[108] Research and Development - The company emphasizes technological research and development, maintaining a strong design team to enhance product quality and brand image[30] - The company reported a 12.10% increase in R&D expenses, totaling CNY 44,397,192.56, reflecting a commitment to innovation[43] - The company's research and development expenses for the first half of 2022 were ¥44,397,192.56, compared to ¥39,604,075.44 in the same period last year, an increase of 12.5%[116] Market and Industry Trends - The company remains focused on the electric two-wheeler market, which includes electric bicycles, electric light motorcycles, and electric motorcycles, with no changes in its main business operations[24] - The electric bicycle industry in China has seen significant growth, becoming the largest market globally, with increasing brand concentration and competition among leading companies[28] - The implementation of new national standards is expected to further consolidate the industry, pushing weaker companies out of the market and benefiting larger, established brands[29] - Increased competition from new entrants like Niu Technologies and Ninebot is driving innovation in industrial design and service experience among traditional brands[65] Risks and Challenges - The company faces risks from macroeconomic factors and the impact of COVID-19, which may affect sales revenue and profit due to low domestic economic growth and consumer spending[57] - The company is subject to regulatory risks from new industry policies that may increase operational costs and affect sales of electric two-wheelers[58] - The company may experience adverse effects on direct sales if there are significant fluctuations in procurement demand from clients in the shared electric bicycle market[60] - The company faces risks from fluctuating material prices, particularly for components like magnets, lead, copper, aluminum, and plastics, which can impact cost management and overall performance[66] Environmental and Social Responsibility - The company emphasizes environmental protection and has established a dedicated safety and environmental department to enhance employee awareness and compliance with regulations[82] - The company is gradually improving production processes by adopting more environmentally friendly water-based and powder coatings to reduce hazardous waste generation[76] - The company continues to provide job opportunities for ethnic minorities in Xinjiang, promoting employment equality and social responsibility[83] Governance and Shareholder Commitments - The company and its controlling shareholders have committed to not engaging in any business that competes with the company's products or services[87] - The commitment to avoid related party transactions will be upheld, ensuring fairness and market pricing in any necessary transactions[87] - The company reported a commitment to strictly adhere to relevant laws and regulations, ensuring the protection of shareholders' interests[88] - The total number of ordinary shareholders reached 14,458 by the end of the reporting period[99] - The controlling shareholder, Mr. Zhang Chongshun, holds 92,820,100 shares, accounting for 45.50% of the total share capital[97] Financial Reporting and Accounting Practices - The company adheres to the accounting standards, ensuring that financial statements accurately reflect its financial position and operating results[154] - The accounting period for the company runs from January 1 to December 31 each year[155] - The company uses Renminbi as its functional currency for accounting purposes[157] - The company recognizes financial assets at fair value upon initial recognition, with transaction costs accounted for differently based on the asset classification[171]

Financial Performance - The company's operating revenue for 2021 was RMB 4,280,842,215.02, a decrease of 15.54% compared to 2020[22] - The net profit attributable to shareholders of the listed company was RMB 11,370,714.38, down 88.86% from the previous year[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of RMB 10,718,923.86, a decline of 112.02% compared to 2020[22] - The net cash flow from operating activities was RMB 273,203,011.37, a decrease of 26.40% year-on-year[22] - The total assets at the end of 2021 were RMB 2,822,228,567.44, down 12.63% from the end of 2020[23] - The net assets attributable to shareholders of the listed company were RMB 1,000,989,372.38, a decrease of 3.77% compared to the previous year[23] - The basic earnings per share dropped to RMB 0.06, an 88% decline from RMB 0.50 in 2020[24] - The weighted average return on equity fell to 1.10%, a decrease of 9.09 percentage points from 10.19% in 2020[24] Revenue and Sales Channels - Sales revenue from distribution channels grew by 38.88%, while direct sales revenue decreased by 72.96% due to changes in shared mobility deployment[30] - The company has approximately 1,600 domestic dealers and around 12,000 retail outlets, improving terminal dealer coverage[32] - The company achieved operating revenue of 428,084.22 million RMB in 2021, a decrease of 15.54% year-on-year[49] - The gross profit margin for the electric bicycle segment was 13.37%, with revenue from this segment at 3,014,426.16 million RMB, a decrease of 7.37% year-on-year[53] Investments and Capital Expenditures - The company plans to invest approximately RMB 760 million in the "Tianjin annual production of 3 million electric two-wheelers project" and RMB 1 billion in the "New Electric Vehicle Project" in Boluo County[71] - The company has made significant investments in new factories, including the Zhejiang New Day factory and the intelligent factory, leading to increased capital expenditures[66] - The company has completed the construction of its Wuxi manufacturing center's smart factory and is in the equipment debugging phase for the Wenzhou factory, which has an annual production capacity of 500,000 electric motorcycles[34] Research and Development - Research and development expenses increased by 44.49% to 92,171.03 million RMB, reflecting a focus on innovation[50] - The company emphasizes technological research and development, holding several provincial and municipal technology centers and certifications[43] - The company has launched 7 models on the Huawei Mall, integrating with the HUAWEI HiLink platform, showcasing its commitment to innovation[44] Market Trends and Industry Outlook - The electric bicycle industry in China has become the largest globally, with increasing brand concentration and competition among leading brands[36] - The implementation of new national standards has led to a shift in the industry landscape, with weaker companies likely to exit the market, increasing industry concentration[79] - The demand for electric two-wheelers in China is projected to reach a total replacement demand of 11.059 million units over the next five years, with rural areas accounting for 2.725 million units and urban areas for 8.334 million units[81] Risk Factors - The company faces risks from macroeconomic factors and the ongoing COVID-19 pandemic, which could impact sales and operational costs[89] - Regulatory changes in the electric two-wheeler industry may pose challenges, as new standards and policies are being implemented[90] - Fluctuations in raw material prices, such as steel and aluminum, could increase procurement costs and complicate cost management for the company[97] Corporate Governance - The company maintains complete independence in assets, business, personnel, institutions, and finance from its controlling shareholders and actual controllers[104] - The company has established an independent financial accounting department and a complete financial accounting system, ensuring independent financial decision-making[106] - The company has implemented strict internal control measures, with no significant deficiencies reported during the evaluation period[102] Environmental Responsibility - The company was listed as a key pollutant discharge unit in 2021, with subsidiaries Tianjin Xinyi and Hubei Xinyi identified for solid waste and air pollution[141] - Tianjin Xinyi has reduced hazardous waste generation by adopting more environmentally friendly water-based and powder coatings[143] - The company emphasizes environmental protection and has implemented training programs to enhance employee awareness of environmental responsibilities[150] Shareholder Relations - The company has a clear cash dividend policy that aligns with its articles of association and shareholder resolutions[133] - The company has not proposed a cash profit distribution plan for the reporting period, as it is not applicable[134] - The total number of ordinary shareholders as of the end of the reporting period is 14,678, down from 14,904 at the end of the previous month[173]

Financial Performance - The company's operating revenue for Q1 2022 was approximately ¥994.79 million, representing a year-over-year increase of 5.55%[4] - The net profit attributable to shareholders was approximately ¥21.48 million, reflecting a growth of 13.95% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 77.35%, amounting to approximately ¥20.42 million, primarily due to increased sales volume[7] - Total revenue for Q1 2022 reached ¥994,792,483.94, an increase of 5.6% compared to ¥942,475,819.24 in Q1 2021[17] - Net profit for Q1 2022 was ¥21,271,645.93, compared to ¥18,094,958.03 in Q1 2021, representing a growth of 12.1%[18] - The total comprehensive income for the period was 15,880,945.93 RMB, down from 18,094,958.03 RMB in Q1 2021, reflecting a decrease of approximately 12.3%[19] Cash Flow - The net cash flow from operating activities reached approximately ¥351.67 million, marking an increase of 86.78% year-over-year, driven by higher cash receipts from sales[7] - Cash inflows from operating activities amounted to 1,227,489,334.47 RMB, up from 1,122,826,967.30 RMB in Q1 2021, indicating an increase of about 9.3%[21] - The net cash flow from operating activities was 351,673,041.05 RMB, significantly higher than 188,277,664.54 RMB in the same period last year, marking an increase of approximately 86.7%[21] - The company experienced a cash outflow of 69,579,644.30 RMB for investment activities, compared to 61,399,396.78 RMB in Q1 2021, which is an increase of about 13.5%[21] - The net cash flow from financing activities was -465,725.19 RMB, indicating a cash outflow compared to the previous year[22] - The company’s cash and cash equivalents at the end of the period totaled 1,045,002,300.14 RMB, an increase from 992,213,277.37 RMB at the end of Q1 2021, representing a growth of about 5.3%[22] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥3.13 billion, up 10.91% from the end of the previous year[5] - Total assets as of March 31, 2022, amounted to ¥3,130,092,453.34, up from ¥2,822,228,567.44 at the end of 2021, reflecting a growth of 10.9%[15] - Total liabilities increased to ¥2,110,209,102.70 from ¥1,818,226,162.73, marking a rise of 16.0%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,904[9] - The largest shareholder, Zhang Chongshun, holds 45.50% of the shares, with 29,019,000 shares pledged[9] Earnings Per Share - Basic and diluted earnings per share were both ¥0.11, representing a 22.22% increase[4] - The company's basic earnings per share increased to 0.11 RMB from 0.09 RMB in the previous year, representing a growth of 22.2%[19] Research and Development - Research and development expenses for Q1 2022 were ¥20,782,072.83, compared to ¥17,145,747.29 in Q1 2021, an increase of 21.3%[18] Other Income - The company reported a non-recurring gain of approximately ¥1.06 million after tax, primarily from government subsidies and other income[7] - The company received tax refunds amounting to 3,779,131.68 RMB, compared to 3,360,110.15 RMB in the previous year, which is an increase of approximately 12.5%[21] - The company’s cash inflow from other operating activities was 37,003,177.87 RMB, up from 24,518,096.86 RMB in Q1 2021, indicating a growth of about 50.8%[21] Inventory and Receivables - Accounts receivable decreased to ¥273,478,047.78 from ¥311,990,440.31, a decline of 12.3%[13] - Inventory levels rose to ¥267,475,149.54, compared to ¥196,555,377.70 at the end of 2021, an increase of 36.0%[13]