Financial Performance - The company's operating revenue for the first half of 2023 was approximately CNY 543.64 million, representing a 12.13% increase compared to CNY 484.83 million in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2023 was approximately CNY 66.87 million, a decrease of 2.58% from CNY 68.64 million in the previous year[18]. - Basic earnings per share for the first half of 2023 were CNY 0.30, a decrease of 3.23% compared to CNY 0.31 in the same period last year[19]. - The company reported a decrease in the net profit after deducting non-recurring gains and losses, which was approximately CNY 61.13 million, down 1.70% from CNY 62.19 million in the previous year[18]. - Operating profit was 77.02 million yuan, a decrease of 1.20% year-on-year[34]. - Net profit was 66.74 million yuan, a decrease of 2.61% year-on-year[34]. - The total comprehensive income for the first half of 2023 was CNY 66,709,310.88, down from CNY 81,226,473.51 in the same period of 2022[94]. - The company experienced a decrease in sales revenue from CNY 514,934,131.77 in the first half of 2022 to CNY 419,129,067.38 in the first half of 2023, a decline of 18.5%[96]. Cash Flow and Assets - The net cash flow from operating activities was negative CNY 112.46 million, a significant decline compared to a positive CNY 12.38 million in the same period last year, marking a decrease of 1,008.04%[18]. - The net cash flow from operating activities decreased by 1,008.04% to approximately -¥112.46 million, mainly due to a significant increase in bank acceptance bills and accounts receivable[37]. - The net cash flow from investment activities increased by 410.44% to approximately ¥297.38 million, driven by a substantial increase in the redemption of maturing financial products[37]. - The total assets at the end of the reporting period were approximately CNY 2.23 billion, down 3.55% from CNY 2.31 billion at the end of the previous year[18]. - The total assets as of June 30, 2023, were CNY 2,225,799,792.11, a decrease from CNY 2,320,270,258.30 at the end of 2022[89]. - The company reported a significant increase in notes receivable, which rose to RMB 380,638,571.19 from RMB 224,113,362.00, an increase of about 69.9%[83]. - The company reported a cash and cash equivalents balance of CNY 621,562,909.33 at the end of June 2023, compared to CNY 836,062,405.32 at the end of June 2022[97]. Shareholder Equity and Dividends - The net assets attributable to shareholders decreased by 2.27% to approximately CNY 1.92 billion from CNY 1.96 billion at the end of the previous year[18]. - The company paid CNY 111,532,534.00 in dividends during the first half of 2023, consistent with the previous year's payment[97]. - The total owner's equity at the end of the reporting period is CNY 1,900,811,574.82, a decrease from CNY 1,929,754,067.56 at the end of the previous year, reflecting a decline of approximately 1.5%[107]. - The retained earnings at the end of the reporting period stand at CNY 438,323,486.56, down from CNY 476,103,454.81 at the end of the previous year, representing a decrease of approximately 7.9%[108]. Market and Product Development - The company is developing a new energy vehicle air conditioning compressor, currently in internal testing[34]. - The medical device product developed by the company's subsidiary has completed industry certification and testing, preparing for market launch[34]. - The company is focusing on expanding its market share and maintaining its competitive advantage in the automotive parts industry[34]. - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[84]. - The company has not reported any new product launches or technological advancements during this period, focusing instead on stabilizing existing operations[107]. Risks and Challenges - The company faces risks from macroeconomic fluctuations and potential impacts on the automotive industry, which could adversely affect the automotive parts sector[43]. - The company faces significant supply chain risks due to global disruptions, particularly in high-end electronic components like chips, which could lead to production halts and negatively impact operations[44]. - The rapid iteration of new energy vehicles (NEVs) and intense market competition require the company to enhance its technological investments and supply capabilities to avoid being outpaced by competitors[45]. - Management capabilities are under pressure during industry downturns, necessitating improvements in production, sales, and risk management to mitigate potential management risks[47]. Corporate Governance and Compliance - The company has not disclosed any plans for profit distribution or capital reserve transfer during this reporting period[4]. - There are no significant risks or non-operational fund occupation issues reported by the controlling shareholders or related parties[5]. - The company has established commitments to ensure that no non-operational funds are occupied by major shareholders or related parties, ensuring financial integrity[63]. - The company has committed to linking executive compensation to the execution of return measures, ensuring alignment with shareholder interests[64]. - There were no significant lawsuits or arbitration matters during the reporting period, indicating a stable legal environment for the company[66]. Accounting and Financial Reporting - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status[117]. - The accounting policies applied are consistent with previous periods, ensuring comparability of financial data[124]. - The company recognizes its share of income from joint operations based on its ownership interest in the assets and liabilities[129]. - The company recognizes investment income and other comprehensive income based on its share of the investee's net profit and other comprehensive income, adjusting the book value of long-term equity investments accordingly[162].

证券代码：603788 证券简称：宁波高发 公告编号：2023-029 宁波高发汽车控制系统股份有限公司 关于召开2023年半年度网上业绩说明会的公告 三、参加人员 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： 宁波高发汽车控制系统股份有限公司（以下简称"公司"）于 2023 年 8 月 25 日披露公 司《2023 年半年度报告》，为便于广大投资者更全面深入地了解公司 2023 年半年度经营 成果、财务状况，公司计划于 2023 年 9 月 1 日上午 09:00-10:00 举行 2023 年半年度网上 业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次业绩说明会以网络互动方式召开，公司将针对 2023 年半年度的经营成果及财 务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普 遍关注的问题进行回答。 二、说明会召开的时间、地点 召开时间：2023 年 9 月 1 日（星期五）上午 9:00-10:00 召开网址：上证路演中心（网址：http://roadsho ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 247,950,568.45, representing a year-on-year increase of 1.90%[4] - Net profit attributable to shareholders decreased by 24.21% to CNY 28,716,409.22 compared to the same period last year[4] - Basic and diluted earnings per share were both CNY 0.13, down 23.53% from the previous year[4] - Total operating revenue for Q1 2023 was CNY 247,950,568.45, an increase of 1.3% compared to CNY 243,322,156.60 in Q1 2022[15] - Net profit for Q1 2023 was CNY 28,662,736.40, a decrease of 24.2% from CNY 37,839,055.32 in Q1 2022[15] - The total comprehensive income for Q1 2023 is CNY 28,662,736.40, down 24.2% from CNY 37,839,055.32 in the same period last year[16] - Basic and diluted earnings per share for Q1 2023 are both CNY 0.13, compared to CNY 0.17 in Q1 2022, reflecting a decline of 23.5%[16] Cash Flow - The net cash flow from operating activities was negative at CNY -45,695,019.51, a decline of 41.31% year-on-year[4] - Cash inflows from operating activities in Q1 2023 amount to CNY 229,785,200.62, a decrease of 16.1% from CNY 274,238,955.36 in Q1 2022[19] - The net cash flow from operating activities for Q1 2023 is -CNY 45,695,019.51, worsening from -CNY 32,337,389.96 in Q1 2022[19] - Cash inflows from investing activities in Q1 2023 total CNY 320,925,620.99, significantly up from CNY 177,487,115.05 in Q1 2022, marking an increase of 80.5%[19] - The net cash flow from investing activities for Q1 2023 is CNY 174,457,169.29, compared to CNY 20,010,848.00 in Q1 2022, indicating a substantial improvement[19] - The company reported a cash increase of CNY 128,762,149.78 in Q1 2023, contrasting with a decrease of CNY 12,326,541.96 in Q1 2022[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,304,443,140.02, a decrease of 0.44% from the end of the previous year[4] - Total assets as of March 31, 2023, were CNY 2,304,443,140.02, slightly down from CNY 2,314,569,698.09 at the end of 2022[14] - Total liabilities decreased to CNY 311,451,866.11 from CNY 350,241,160.58, a decline of 11.1%[14] - The company’s total equity increased to CNY 1,992,991,273.91 as of March 31, 2023, from CNY 1,964,328,537.51 at the end of 2022, reflecting a growth of 1.5%[14] Operational Efficiency - The company reported a significant increase in prepayments, up 121.00%, primarily due to increased equipment payments[6] - The company experienced a 34.28% decrease in trading financial assets, attributed to the redemption of maturing financial products during the reporting period[6] - Investment income fell by 58.76%, mainly due to a decline in the yield of idle funds' financial management[6] - The company reported R&D expenses of CNY 12,867,749.74 for Q1 2023, compared to CNY 12,469,431.79 in Q1 2022, indicating an increase of 3.2%[15] - The company continues to focus on improving operational efficiency and exploring new market opportunities as part of its strategic initiatives[21] Shareholder Information - The company had a total of 12,202 common shareholders at the end of the reporting period[9] - Cash and cash equivalents increased to CNY 704,386,348.36 as of March 31, 2023, compared to CNY 572,194,198.58 at the end of 2022, representing a growth of 22.9%[12] - Accounts receivable decreased to CNY 208,446,757.74 from CNY 233,539,608.17, a decline of 10.7%[12] - Inventory decreased to CNY 178,313,759.72 from CNY 190,197,320.71, a reduction of 6.2%[12]

Financial Performance - The net profit attributable to the parent company for 2022 was CNY 114,913,354.22, with a statutory surplus reserve of CNY 11,101,309.88 deducted, resulting in a distributable profit of CNY 484,838,828.18[5]. - The proposed cash dividend is CNY 5.00 per 10 shares, totaling CNY 111,532,534.00, which represents 97.06% of the net profit attributable to shareholders for 2022[6]. - The remaining undistributed profit is CNY 373,306,294.18, which will be reserved for future distribution[6]. - The company's operating revenue for 2022 was CNY 1,037,462,062.92, representing a year-on-year increase of 10.13%[25]. - The net profit attributable to shareholders for 2022 was CNY 114,913,354.22, a decrease of 21.00% compared to 2021[25]. - The net cash flow from operating activities was CNY 132,268,695.85, down 17.47% from the previous year[25]. - The net profit after deducting non-recurring gains and losses was CNY 102,294,481.28, a decline of 21.53% from the previous year[25]. - The total assets at the end of 2022 were CNY 2,314,569,698.09, reflecting a year-on-year increase of 2.97%[25]. - The weighted average return on equity decreased to 5.91% in 2022, down from 7.63% in 2021[26]. Operational Developments - The production of electronic shift controllers reached over 1.2 million units in 2022, marking a historical high[36]. - The company invested CNY 66,844,500 in the automotive electronic shift system project, enhancing product optimization and market share[36]. - The company has begun construction of a new factory on a 67-acre land parcel, expected to be operational by 2025[38]. - The company has integrated resources by dissolving its wholly-owned subsidiary, enhancing operational efficiency[38]. - The company plans to enhance production automation and cost control to improve operational efficiency and profitability amid rising labor costs and intensified competition[90]. Research and Development - R&D expenses increased by 9.43% to 56,236,119.34 CNY, reflecting ongoing investment in new product development[53]. - The company obtained 8 utility model patents, 11 invention patents, and 11 design patents during the reporting period[70]. - The number of R&D personnel was 171, accounting for 11.29% of the total workforce[68]. - The total R&D investment accounted for 5.42% of operating revenue[67]. Market and Industry Trends - The automotive parts industry showed resilience with a 3.4% increase in vehicle production and a 2.1% increase in sales in 2022[40]. - The market share of domestic self-owned brand passenger cars reached 49.9%, up 5.4 percentage points year-on-year[40]. - New energy vehicle (NEV) production and sales soared to 7.06 million and 6.89 million units, with year-on-year growth of 96.9% and 93.4%, respectively, accounting for 25.6% of total new car sales, an increase of 12.1 percentage points from the previous year[79]. - The competitive landscape in the automotive parts sector remains challenging, with a need for product upgrades and quality improvements[42]. Corporate Governance - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[9]. - The company has not faced any issues with a majority of directors being unable to ensure the authenticity and completeness of the annual report[10]. - The board of directors convened seven meetings during the reporting period, with all directors present, ensuring effective decision-making and governance[101]. - The company maintains independence from its controlling shareholders in terms of personnel, assets, finance, and operations, adhering to corporate governance standards[104]. - The company has implemented strict internal control systems to ensure compliance with laws and regulations, safeguarding shareholder interests[100]. Environmental and Social Responsibility - The company invested 20.12 million yuan in environmental protection during the reporting period[150]. - The company reduced carbon emissions by 1,696 tons through the installation of solar panels, which generated 170.11 million kWh of electricity, accounting for 11.45% of total electricity consumption[152]. - The company has established a comprehensive environmental emergency response plan and has not violated any environmental laws or regulations during the reporting period[151]. - The company made a total donation of 250,000 yuan to charity projects, contributing to various charitable and public welfare initiatives in the Ningbo region[154]. Shareholder Information - The total number of ordinary shareholders increased from 12,202 to 12,448 during the reporting period, indicating a growth of approximately 2.02%[180]. - The major shareholder, Ningbo Gaofa Holdings Co., Ltd., holds 83,790,000 shares, accounting for 37.56% of total shares[183]. - The second largest shareholder, Great Wall Guorong Investment Management Co., Ltd., holds 11,620,000 shares, representing 5.21% of total shares[183]. - The total number of shares held by all directors, supervisors, and senior management at the end of the year was 30,911,860 shares, unchanged from the beginning of the year[112]. Financial Management - The company has engaged in bank wealth management with a total amount of RMB 128,995,000, with an outstanding balance of RMB 50,995,000[168]. - The company reported a total of 3,000 million in structured deposits with an expected annualized return of 5.00%, generating actual earnings of 153.74 million[171]. - The company has a total of 6,500 million in non-principal guaranteed floating income financial products with an annualized return of 3.82%, generating earnings of 44.84 million[171]. - The company has not reported any significant changes in its asset and liability structure during the reporting period[180].

证券代码：603788 证券简称：宁波高发 公告编号：2023-004 宁波高发汽车控制系统股份有限公司 关于召开2022年度网上业绩说明会的公告 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： 宁波高发汽车控制系统股份有限公司（以下简称"公司"）将于 2023 年 4 月 21 日披露 公司《2022 年年度报告》，为便于广大投资者更全面深入地了解公司 2022 年度经营成果、 财务状况，公司计划于2023年4月25日上午 09:00-10:00举行2022年度网上业绩说明会， 就投资者关心的问题进行交流。 一、说明会类型 本次业绩说明会以网络互动方式召开，公司将针对 2022 年度的经营成果及财务指 标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍关 注的问题进行回答。 二、说明会召开的时间、地点 召开时间：2023 年 4 月 25 日（星期二）上午 9:00-10:00 召开网址：上海证券交易所上证路演中心（网址：http://roadshow.sseinfo.com/） ...

证券代码：603788 证券简称：宁波高发 宁波高发汽车控制系统股份有限公司 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 年同期增减变 动幅度(%) 年初至报告 期末 年初至报告期末 比上年同期增减 变动幅度(%) 营业收入 268,193,412.33 17.85 753,024,572.89 7.63 归属于上市公司股东的净利润 31,676,187.23 -19.38 100,312,159.05 -23.01 归属于上市公司股东的扣除非 经常性损益的净利润 30,165,692. ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥484,831,160.56, representing a 2.70% increase compared to ¥472,085,017.78 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2022 was ¥68,635,971.82, a decrease of 24.58% from ¥91,003,169.62 in the previous year[18]. - The net cash flow from operating activities was ¥12,384,982.54, a significant improvement from a negative cash flow of ¥27,049,453.96 in the same period last year[18]. - Basic earnings per share for the first half of 2022 were ¥0.31, down 24.39% from ¥0.41 in the same period last year[20]. - The weighted average return on net assets was 3.48%, a decrease of 1.18 percentage points from 4.66% in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥62,189,440.92, a decline of 25.53% compared to ¥83,510,761.46 in the same period last year[18]. - Operating profit was 77.95 million yuan, a decrease of 26.27% year-on-year[36]. - Net profit was 68.53 million yuan, down 24.69% year-on-year, with net profit attributable to shareholders of the listed company at 68.64 million yuan, a decrease of 24.58% year-on-year[36]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,189,318,379.59, down 2.61% from ¥2,247,916,842.70 at the end of the previous year[18]. - The net assets attributable to shareholders decreased by 1.40% to ¥1,900,513,768.41 from ¥1,927,545,930.59 at the end of the previous year[18]. - The company's accounts receivable increased by 30.46% to CNY 207,300,931.55, reflecting higher sales and outstanding payments[45]. - The company's total assets include CNY 287,743,569.70 in trading financial assets, a decrease of 25.79% from the previous year[45]. - The company's intangible assets surged by 254.05% to CNY 77,497,463.48, mainly due to the acquisition of land use rights[45]. - The expected liabilities increased by 86.66% to CNY 17,232,619.21, reflecting higher quality assurance provisions due to increased product output[46]. - Total liabilities decreased from CNY 319,971,075.68 to CNY 288,506,804.77, a decline of about 9.8%[94]. Cash Flow - The company's cash flow from operating activities was 12.39 million yuan, an increase of 145.79% year-on-year[36]. - The company's financing activities generated a net cash outflow of CNY -119,672,371.42, a decrease of 10.63% compared to the previous year[42]. - The company reported a net decrease in cash and cash equivalents of 52,443,483.93 RMB, compared to a smaller decrease of 12,623,163.14 RMB in the previous period, highlighting increased cash outflows[110]. Investment and R&D - Research and development expenses rose by 15.10% to CNY 25,956,825.56, attributed to an increase in R&D projects and associated costs[42]. - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[100]. - The company plans to continue focusing on R&D and market expansion strategies to enhance future growth prospects[104]. Market and Industry Conditions - The automotive industry saw a production and sales completion of 12.12 million and 12.06 million vehicles, respectively, with a year-on-year decline of 3.7% and 6.6%[28]. - The market share of Chinese brand passenger cars increased to 47.2%, a year-on-year increase of 5.3 percentage points[29]. - New energy vehicle production and sales reached 2.66 million and 2.60 million units, respectively, with a year-on-year growth of 120%[30]. - The automotive industry is facing macroeconomic risks, with ongoing downward pressure on growth due to the impact of COVID-19 and international political changes[53]. - Supply chain risks are significant, as the global automotive supply chain has been severely impacted by the pandemic, leading to potential production halts for vehicle manufacturers[54]. - The company faces intense market competition, with many domestic automotive parts manufacturers and foreign firms holding significant market shares, necessitating continuous technological investment[55]. Compliance and Governance - The company has not disclosed any significant environmental violations or penalties during the reporting period, adhering to national environmental laws[65]. - All subsidiaries comply with environmental regulations, with no reported environmental pollution incidents or administrative penalties[65]. - The company has established strict environmental operation standards and emergency response plans to manage potential environmental incidents[64]. - The company has committed to strictly adhere to regulations regarding related party fund transactions, ensuring no funds are occupied improperly[70]. - The company has appointed Lixin Certified Public Accountants as its financial audit institution for the year 2022[73]. - There are no significant lawsuits or arbitration matters reported during the reporting period[73]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 13,855[80]. - The largest shareholder, Ningbo Gaofa Holdings Co., Ltd., holds 83,790,000 shares, accounting for 37.56% of the total shares[82]. - The second largest shareholder, Great Wall Guorong Investment Management Co., Ltd., holds 11,620,000 shares, representing 5.21%[82]. - The company has not disclosed any significant changes in share capital structure during the reporting period[79]. Accounting Policies - The financial statements are prepared based on the going concern principle, with no significant doubts about the company's ability to continue operations for the next 12 months[125]. - The company's accounting policies comply with the requirements of the enterprise accounting standards, ensuring a true and complete reflection of its financial status[127]. - The company applies the equity method for investments in joint ventures, recognizing relevant items related to the share of interests[141]. - The company recognizes financial assets at fair value, with changes in value recorded in either profit or other comprehensive income depending on the asset type[151]. - The company uses a perpetual inventory system for inventory management[170].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 243,322,156.60, representing an increase of 11.78% compared to the same period last year[4] - The net profit attributable to shareholders decreased by 12.16% to CNY 37,890,347.79, while the net profit after deducting non-recurring gains and losses fell by 15.13% to CNY 34,086,851.12[4] - Basic and diluted earnings per share were both CNY 0.17, down 10.53% from the previous year[4] - Net profit for Q1 2022 was CNY 37,839,055.32, a decrease of 12.5% from CNY 43,136,973.34 in Q1 2021[14] - The total comprehensive income attributable to the parent company's owners for Q1 2022 was CNY 37,890,347.79, compared to CNY 43,136,973.34 in Q1 2021, reflecting a decrease of approximately 12.5%[15] Cash Flow - The net cash flow from operating activities was negative at CNY -32,337,389.96, a decrease of 6.71% year-on-year[4] - Cash inflows from operating activities totaled CNY 274,238,955.36 in Q1 2022, slightly up from CNY 271,657,049.43 in Q1 2021, representing an increase of approximately 0.6%[18] - The net cash flow from operating activities for Q1 2022 was -CNY 32,337,389.96, an improvement from -CNY 34,664,946.73 in Q1 2021, showing a reduction in losses of about 6.8%[18] - The total cash outflow from operating activities was CNY 306,576,345.32 in Q1 2022, slightly up from CNY 306,321,996.16 in Q1 2021, showing a marginal increase of about 0.1%[18] - The company did not report any cash inflows from financing activities in Q1 2022, indicating a potential focus on internal funding strategies[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,226,773,657.31, a decrease of 0.94% from the end of the previous year[4] - Total assets decreased to CNY 2,226,773,657.31 from CNY 2,247,916,842.70, a decline of 0.9%[11] - Total liabilities decreased to CNY 260,988,834.97 from CNY 319,971,075.68, a reduction of 18.4%[11] - The company's equity attributable to shareholders increased by 1.97% to CNY 1,965,436,278.38 compared to the end of the previous year[4] - The company's equity attributable to shareholders increased to CNY 1,965,436,278.38 from CNY 1,927,545,930.59, reflecting a growth of 2.0%[11] Research and Development - Research and development expenses increased by 29.62% due to higher direct material and personnel costs compared to the same period last year[6] - Research and development expenses for Q1 2022 were CNY 12,469,431.79, compared to CNY 9,620,286.77 in Q1 2021, marking an increase of 29.3%[14] Investment Income - Investment income surged by 343.84% as a result of more financial products maturing compared to the previous year[6] - The company reported cash received from the recovery of investments amounting to CNY 175,000,000.00 in Q1 2022, compared to CNY 50,000,000.00 in Q1 2021, indicating a growth of 250%[18] Other Financial Metrics - Non-recurring gains and losses totaled CNY 3,803,496.67, primarily from government subsidies and investment management income[6] - The company reported a 163.22% increase in credit impairment losses due to a rise in accounts receivable compared to the same period last year[6] - Total operating costs for Q1 2022 were CNY 202,055,927.51, up from CNY 169,855,841.09 in Q1 2021, reflecting a year-over-year increase of 18.9%[14] - The company's cash and cash equivalents as of March 31, 2022, were CNY 886,564,894.72, slightly down from CNY 900,131,436.68 at the end of 2021[10] - Accounts receivable increased to CNY 171,037,295.86 from CNY 158,894,648.35, representing an increase of 7.1%[10] - Inventory as of March 31, 2022, was CNY 182,230,504.56, up from CNY 170,522,319.44, indicating a growth of 6.4%[10]

Financial Performance - The net profit attributable to the parent company for 2021 was CNY 145,463,099.06, with a statutory surplus reserve of CNY 14,769,546.86 deducted, resulting in a distributable profit of CNY 473,895,317.84[5] - The proposed cash dividend is CNY 5.00 per 10 shares, totaling CNY 111,532,534.00, which accounts for 76.67% of the net profit attributable to shareholders for 2021[6] - The company reported a total share capital of 223,065,068 shares as of December 31, 2021[6] - The company's operating revenue for 2021 was CNY 942 million, an increase of 5.67% compared to CNY 891 million in 2020[25] - The net profit attributable to shareholders decreased by 18.88% to CNY 145 million in 2021 from CNY 179 million in 2020[25] - The net profit after deducting non-recurring gains and losses was CNY 130 million, down 20.64% from CNY 164 million in 2020[25] - The net cash flow from operating activities was CNY 160 million, a decrease of 9.43% compared to CNY 177 million in 2020[25] - The basic earnings per share for 2021 was CNY 0.65, down 18.75% from CNY 0.80 in 2020[26] - The weighted average return on equity decreased by 1.96 percentage points to 7.63% in 2021 from 9.59% in 2020[26] Operational Developments - The company has expanded its product offerings to include electronic gear shifters and electronic throttle pedals for both fuel and new energy vehicles[35] - The company has begun supplying electronic gear shifters to Li Auto and electronic throttle pedals to GAC New Energy, entering the SAIC General supplier system[35] - The company is optimizing its supplier management to control raw material costs and enhance procurement efficiency[36] - The company implemented lean production management systems to improve production efficiency and product quality[36] - The automotive electronic gear shift project has begun to ramp up production, supplying major manufacturers such as Geely and Great Wall[37] - The company terminated the automotive virtual instrument project to mitigate investment risks and reallocate funds to working capital[38] - The company is focusing on developing new products in automotive electronics, electric control, and electromechanical integration[38] Market and Industry Insights - In 2021, China's automotive production and sales reached 26.08 million and 26.28 million units, respectively, with a year-on-year growth of 3.4% and 3.8%[39] - New energy vehicle sales exceeded 3.5 million units, with a market penetration rate of 13.4%, up 8 percentage points year-on-year[39] - The automotive industry in China saw a 3.4% increase in production and a 3.8% increase in sales, with new energy vehicles achieving a market share of 13.4%[71] - New energy vehicles (NEVs) achieved production and sales of 3.545 million and 3.521 million units respectively, representing a year-on-year growth of 160%, with a market penetration rate of 13.4%, an increase of 8 percentage points year-on-year[73] Financial Management and Investments - The company has invested a total of 76,205,000 RMB in bank and brokerage wealth management products, with an outstanding balance of 37,505,000 RMB[179] - The company has a structured deposit of 5,000,000 RMB with an annualized return of 3.90%, expected to yield 195,000 RMB[181] - The company has a total of 4,500,000 RMB in non-principal guaranteed floating income wealth management with an annualized return of 3.30%, expected to yield 37,020 RMB[181] - The total amount of structured deposits reached 90,705 million, with a total income of 719.98 million[182] - The average yield for structured deposits varied between 1.4% and 3.95% across different banks, showcasing competitive rates[182] Risk Management - The company has described significant risks that may adversely affect future development and operational goals in the report[10] - The company faces macroeconomic risks, including potential impacts from the ongoing COVID-19 pandemic and international political changes, which could adversely affect the automotive industry[89] - Supply chain risks are significant, as the automotive parts industry relies on a vast number of components, and disruptions due to the pandemic and geopolitical factors could impact production schedules[90] - The company acknowledges intense market competition, particularly from foreign and joint venture enterprises, which may require continuous technological investment and capacity expansion to meet customer demands[91] Governance and Compliance - The company has established a robust internal control system and governance structure to ensure compliance with legal regulations and protect shareholder interests[98] - The company has maintained an independent financial management process and software, ensuring compliance with corporate governance[104] - The company has not engaged in any related party transactions that have not been disclosed or approved through legal procedures[105] - The company has a clear separation between its operations and those of its controlling shareholders, ensuring independence in business activities[106] - The company has established specialized committees within the board, including audit, nomination, compensation, and strategy committees[118] Employee and Shareholder Engagement - The company’s training programs include new employee onboarding, team leader skills training, and management talent training[128] - The company has a structured approach to employee compensation, combining base salary with performance assessments[129] - The company actively engages with shareholders, especially minority shareholders, to gather feedback on dividend proposals[135] - The company’s profit distribution policy requires board approval and must be reviewed by independent directors and the supervisory board before being submitted to the shareholders' meeting[132] Shareholder Information - The largest shareholder, Ningbo Gaofa Holdings Co., Ltd., holds 83,790,000 shares, accounting for 37.56% of total shares[189] - The second largest shareholder, Great Wall Guorong Investment Management Co., Ltd., holds 11,620,000 shares, representing 5.21% of total shares[189] - The total number of ordinary shareholders decreased from 13,430 to 13,298 during the reporting period[186] - The company does not have any other shareholders holding more than 10% of shares[195]

证券代码：603788 证券简称：宁波高发 宁波高发汽车控制系统股份有限公司 2022 年第一季度报告 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个别及连带责任。 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报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 主要会计数据和财务指标 项目 本报告期 本报告期比上年同期 增减变动幅度(%) 营业收入 243,322,156.60 11.78 归属于上市公司股东的净利润 37,890,347.79 -12.16 归属于上市公司股东的扣除非经常性损益的净利润 34,086,851.12 -15.13 经营活动产生的现金流量净额 -32,337,389.96 -6.71 基本每股收益（元/股） 0.17 -10.53 稀释每股收益（元/股） 0.17 -1 ...