关于"春 23 转债"开始转股的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性 陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | 债券代码：113577 | 债券简称：春秋转债 | | | --- | --- | --- | | 证券代码：603890 债券代码：113667 | 证券简称：春秋电子 债券简称：春23转债 | 公告编号：2023-062 | 苏州春秋电子科技股份有限公司 一、可转债发行上市概况 经中国证券监督管理委员会证监许可[2022]2164 号文核准，苏州春秋电子 科技股份有限公司（以下简称"公司"）于 2023 年 3 月 17 日向不特定对象发行 了 570 万张可转换公司债券，每张面值 100 元，发行总额 57,000 万元，期限 6 年，自 2023 年 3 月 17 日起至 2029 年 3 月 16 日止。 经上海证券交易所自律监管决定书[2023]64 号文同意，公司 57,000 万元可 转换公司债券于 2023 年 4 月 11 日起在上海证券交易所挂牌交易，债券简称"春 23 转债"，债券代码"113667 ...

苏州春秋电子科技股份有限公司 关于不向下修正"春秋转债"及"春 23 转债"转股价格的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性 陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 | 证券代码：603890 | 证券简称：春秋电子 | 公告编号：2023-060 | | --- | --- | --- | | 债券代码：113577 | 债券简称：春秋转债 | | | 债券代码：113667 | 债券简称：春23转债 | | 重要内容提示： 截至 2023 年 9 月 15 日，苏州春秋电子科技股份有限公司（以下简称："公 司"）股价已出现任意连续 30 个交易日中至少有 15 个交易日的收盘价低于当期 转股价格的 85%之情形，已触发"春秋转债"、"春 23 转债"的转股价格向下修 正条款。 经公司第三届董事会第十七次会议审议通过，公司董事会决定不向下修正 "春秋转债"及"春 23 转债"的转股价格，且在未来两个月内（即 2023 年 9 月 18 日至 2023 年 11 月 17 日），如再次触发可转债的转股价格向下修正条款，亦不 提出向下修正方案。在此期间之 ...

| 证券代码：603890 | 证券简称：春秋电子 | 公告编号：2023-061 | | --- | --- | --- | | 债券代码：113577 | 债券简称：春秋转债 | | | 债券代码：113667 | 债券简称：春23转债 | | 苏州春秋电子科技股份有限公司 表决结果：同意 7 票，反对 0 票，弃权 0 票。 鉴于"春秋转债"距离存续届满期尚远（存续的起止日期：2020 年 4 月 14 日至 2026 年 4 月 13 日），且近期公司股价受宏观经济、市场调整等因素影响较 大，未能正确体现公司长远发展的内在价值。公司董事会和管理层综合考虑公司 的基本情况、股价走势、市场环境等多重因素，以及对公司的长期发展潜力与内 在价值的信心，为维护全体投资者的利益，经公司第三届董事会第十七次会议审 议通过，公司董事会决定不向下修正"春秋转债"的转股价格，且在未来两个月 内（即 2023 年 9 月 18 日至 2023 年 11 月 17 日），如再次触发可转债的转股价格 向下修正条款，亦不提出向下修正方案。在此期间之后（从 2023 年 11 月 20 日 起算），若再次触发"春秋转债"转股价格向 ...

| 证券代码：603890 | 证券简称：春秋电子 | 公告编号：2023-058 | | --- | --- | --- | | 债券代码：113577 | 债券简称：春秋转债 | | | 债券代码：113667 | 债券简称：春23转债 | | 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性 陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、可转债发行上市概况 （一）春秋转债 经中国证券监督管理委员会证监许可[2020]81 号文核准，苏州春秋电子科 技股份有限公司（以下简称"公司"、"本公司"）于 2020 年 4 月 14 日公开发 行了 240 万张可转换公司债券，每张面值 100 元，发行总额 24,000 万元，期限 6 年，自 2020 年 4 月 14 日起至 2026 年 4 月 13 日止。票面利率第一年 0.50%、 第二年 0.70%、第三年 1.00%、第四年 1.50%、第五年 2.50%、第六年 3.00%。 经上海证券交易所自律监管决定书[2020]122 号文同意，公司 24,000 万元 可转换公司债券于 2020 年 5 月 13 ...

| 证券代码：603890 | 证券简称：春秋电子 | 公告编号：2023-059 | | --- | --- | --- | | 债券代码：113577 | 债券简称：春秋转债 | | | 债券代码：113667 | 债券简称：春23转债 | | 苏州春秋电子科技股份有限公司 关于召开 2023 年半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法律责任。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 09 月 12 日(星期二)至 09 月 18 日(星期一)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过苏州春秋电子科技股份 有限公司（以下简称"公司"）邮箱（zhangzj@chunqiu-group.com）进行提问。 公司将在信息披露允许的范围内，于说明会上对投资者普遍关注的问题进行回答。 公司已于 2023 年 8 月 24 日发布公司 2023 年半年度报告，为便于广大投资 者更全 ...

Financial Performance - The company's operating revenue for the first half of 2023 was ¥1,416,525,273.04, a decrease of 24.93% compared to ¥1,886,928,165.06 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was a loss of ¥15,282,861.71, representing a decline of 112.50% from a profit of ¥122,273,075.28 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥19,282,910.45, down 114.28% from ¥135,072,568.75 in the same period last year[20]. - Basic earnings per share for the first half of the year decreased to -0.03 RMB, a decline of 112.37% compared to 0.28 RMB in the same period last year[22]. - Diluted earnings per share also fell to -0.03 RMB, reflecting the same percentage decrease of 112.37% from the previous year[22]. - The company reported a comprehensive loss of ¥24,791,335.15 for the first half of 2023, compared to a comprehensive income of ¥118,428,373.60 in the same period of 2022[139]. - The company reported a net profit of 6,038.31 million, reflecting a decrease of 17.28% compared to the previous period[48]. - The company reported a net loss of approximately ¥42,990,248.60 for the period[153]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥387,177,367.00, a significant increase of 2,499.13% compared to ¥14,896,415.59 in the previous year[21]. - The company's cash and cash equivalents increased to approximately ¥737.36 million, primarily due to the issuance of convertible bonds[37]. - The total cash and cash equivalents at the end of the first half of 2023 were approximately ¥707.47 million, an increase from ¥538.78 million at the end of the first half of 2022[146]. - The net cash flow from financing activities amounted to approximately ¥348.78 million, compared to a negative cash flow of ¥18.12 million in the first half of 2022[146]. - The cash flow from operating activities was negatively impacted by increased payments to suppliers and employees, which rose significantly compared to the previous year[149]. Assets and Liabilities - Total assets increased by 5.04% to ¥5,452,488,914.17 from ¥5,190,845,965.83 at the end of the previous year[21]. - The company's total liabilities amount to 2.653 billion RMB, with a debt-to-asset ratio of 48.65%[127]. - Total liabilities increased to ¥2,652,541,527.66 from ¥2,404,300,523.65, marking an increase of approximately 10.32%[132]. - The total liabilities increased to ¥865,703,597.24 in the first half of 2023, compared to ¥575,139,119.54 in the previous year, marking an increase of approximately 50%[138]. - The company's total equity at the end of June 2023 was 2,786,545,442.18 RMB, showing a slight increase from the previous period[151]. Operational Strategy - The main business focus is on providing precision structural components and molds for consumer electronics, particularly laptop computers[25]. - The company employs a "sales-driven production" model to minimize product backlog and align production with customer demand[27]. - The company has established long-term cooperative relationships with major clients such as Lenovo and Samsung, ensuring stable sales channels[27]. - The company emphasizes a full industry chain service, from product development to mold manufacturing and component production[28]. - The company has developed a rapid response model for new product development, significantly shortening the time to market for new products[28]. Environmental Management - Hefei Boda was included in the list of key atmospheric pollutant discharge units, with total emissions of non-methane hydrocarbons at 3.528 tons, nitrogen oxides at 0.44928 tons, and sulfuric mist at 1.974 tons, all within the regulatory standards[60]. - The company has established various pollution control facilities, including a wastewater treatment station and multiple air pollution control systems, with a total of 10 spray towers for sulfuric mist and nitrogen oxides[61]. - The company has implemented a self-monitoring plan for environmental compliance, ensuring that all monitoring equipment meets regulatory standards and that data is publicly disclosed[66]. - The company is committed to enhancing its environmental management practices and has invested in improving employee awareness of environmental protection[68]. Shareholder Commitments and Governance - The actual controller and major shareholders have committed to not transferring more than 25% of their shares during their tenure and not transferring any shares within 6 months after leaving the company[73]. - The company promises to repurchase all newly issued shares if there are false statements in the prospectus that materially affect the judgment of compliance with issuance conditions[75]. - The company implements a stable profit distribution policy, prioritizing cash dividends, with a minimum of 10% of distributable profits allocated for cash distribution each year[81]. - The profit distribution plan must be approved by the board and submitted to the shareholders' meeting for approval, ensuring transparency and communication with minority shareholders[84]. - The company has committed to fulfilling its promises and will bear compensation responsibilities if it causes losses to the company or investors[97]. Risks and Challenges - The company faced risks related to customer concentration, as the top five global notebook brands hold a significant market share, potentially impacting sales if demand declines[49]. - The company is exposed to foreign exchange risks, particularly with USD fluctuations affecting both sales revenue and procurement costs[50]. - The company has a large accounts receivable balance, primarily from major international notebook manufacturers, which poses a risk to cash flow if not collected timely[50]. - The company is actively expanding its operations, which may increase management complexity and operational risks[49]. Research and Development - Research and development expenses for the first half of 2023 were ¥72,266,074.45, a decrease from ¥80,134,185.67 in the same period of 2022[138]. - The company emphasizes the need for innovation in technology and production processes to maintain competitive advantage in a rapidly growing consumer electronics market[48]. Accounting and Financial Reporting - The financial statements are prepared based on the principle of going concern, ensuring the company's ability to continue its operations[168]. - The company adheres to the accounting policies and estimates in accordance with the enterprise accounting standards, ensuring the accuracy of financial reporting[169]. - The company has implemented specific accounting treatments for mergers and acquisitions, ensuring proper valuation of assets and liabilities during consolidation[174][176]. - The company recognizes expected credit losses for financial assets based on historical data, current conditions, and forecasts of future economic conditions[190].

| 证券代码：603890 | 证券简称：春秋电子 | 公告编号：2023-037 | | --- | --- | --- | | 债券代码：113577 | 债券简称：春秋转债 | | | 债券代码：113667 | 债券简称：春23转债 | | 苏州春秋电子科技股份有限公司 关于召开 2022 年度暨 2023 年第一季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法律责任。 重要内容提示： （网址：http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2023 年 05 月 10 日(星期三)至 05 月 16 日(星期二)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过苏州春秋电子科技股份 有限公司（以下简称"公司"）邮箱（zhangzj@chunqiu-group.com）进行提问。 公司将在信息披露允许的范围内，于说明会上对投资者普遍关注的问题进行回答。 公司已于2023年4月28日发布公司2022年度报告及2023年第一 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥694,590,589.54, representing a decrease of 24.75% compared to the same period last year[6] - The net profit attributable to shareholders was -¥29,044,692.78, a decline of 159.21% year-on-year[6] - Net profit for Q1 2023 was a loss of ¥34,980,438.54, compared to a profit of ¥46,173,029.66 in Q1 2022[22] - The company's gross profit margin decreased significantly, leading to an operating loss of ¥28,236,871.83 in Q1 2023, compared to an operating profit of ¥58,856,542.30 in Q1 2022[21] - The total liabilities increased to ¥2,701,875,018.55 in Q1 2023 from ¥2,404,300,523.65 in Q1 2022, reflecting a growth of 12.4%[21] - The total equity attributable to shareholders increased to ¥2,716,904,826.32 in Q1 2023 from ¥2,648,495,479.53 in Q1 2022, marking a rise of 2.6%[21] - Basic and diluted earnings per share for Q1 2023 were both -¥0.07, compared to ¥0.11 in Q1 2022[22] - Other comprehensive income after tax for Q1 2023 was -¥405,594.54, compared to -¥121,308.74 in Q1 2022[22] Cash Flow - The net cash flow from operating activities increased by 82.64% to ¥82,640,000[8] - In Q1 2023, the company reported cash inflows from operating activities of CNY 1,077,335,092.64, a decrease of 3.8% compared to CNY 1,120,157,714.55 in Q1 2022[24] - The net cash flow from operating activities increased significantly to CNY 208,822,251.16, up 82.8% from CNY 114,337,870.98 in the same period last year[24] - Cash outflows for purchasing goods and services decreased to CNY 656,568,590.57, down 19.9% from CNY 820,172,151.45 in Q1 2022[24] - The company experienced a net cash outflow from investing activities of CNY 20,504,493.77, an improvement from a net outflow of CNY 233,544,400.71 in Q1 2022[25] - Cash inflows from financing activities totaled CNY 806,093,560.71, a significant increase from CNY 358,542,981.66 in the previous year[25] - The net cash flow from financing activities improved to CNY 446,907,575.77, compared to CNY 68,837,708.41 in Q1 2022[25] - The company's cash and cash equivalents at the end of Q1 2023 reached CNY 1,028,879,826.44, up from CNY 627,163,917.09 at the end of Q1 2022[25] - The company received CNY 33,418,000.48 in tax refunds, down 50.7% from CNY 67,745,808.84 in Q1 2022[24] - The total cash outflow for operating activities was CNY 868,512,841.48, a decrease of 13.6% from CNY 1,005,819,843.57 in the same quarter last year[24] - The company reported a decrease in cash inflows from investment activities to CNY 16,005,752.23, down from CNY 107,977,283.67 in Q1 2022[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,550,894,061.76, up 6.94% from the end of the previous year[6] - Total assets as of March 31, 2023, amounted to RMB 5,550,894,061.76, an increase from RMB 5,190,845,965.83 at the end of 2022, reflecting a growth of approximately 6.9%[17] - The company's total current liabilities decreased to RMB 1,857,608,561.39 from RMB 2,021,062,286.66, a reduction of about 8.1%[17] Strategic Developments - The company issued ¥570 million in convertible bonds during the reporting period, significantly impacting cash flow and liabilities[9] - The company successfully issued convertible bonds "Chun 23 Convertible Bonds" raising RMB 570 million for the automotive electronic magnesium-aluminum structural components project, marking a significant milestone for the company's development in automotive electronics[13] - The automotive electronics segment has entered mass production, with expectations for increasing orders in the future, driven by the growth in the new energy vehicle market[14] - The company anticipates a positive revenue and gross profit growth starting from Q2 2023, supported by the recovery in the notebook computer industry and the expansion of the automotive electronics sector[14] - The company has established partnerships with multiple new energy vehicle brands and their suppliers, enhancing its market position in the automotive electronics field[14] - The company’s "one body, two wings" strategic framework is expected to strongly support its profitability and growth potential[14] - The magnesium-aluminum materials are increasingly applied in new energy vehicles due to their lightweight and high-strength properties, positioning the company favorably in the market[14] Expenses - The company experienced a 74.49% increase in selling expenses, primarily due to increased consulting fees[8] - The company recorded a loss of -136.41% in investment income, mainly due to foreign exchange impacts[8] - The company reported a significant increase in financial expenses, totaling ¥19,856,834.62 in Q1 2023, compared to ¥10,580,696.55 in Q1 2022[21]

Financial Performance - The company's operating revenue for 2022 was approximately ¥3.84 billion, a decrease of 3.65% compared to ¥3.99 billion in 2021[22]. - The net profit attributable to shareholders for 2022 was approximately ¥157.27 million, down 48.62% from ¥306.10 million in 2021[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥199.00 million, a decrease of 18.06% compared to ¥242.85 million in 2021[22]. - The net cash flow from operating activities for 2022 was approximately ¥343.36 million, down 17.65% from ¥416.93 million in 2021[22]. - Basic earnings per share decreased by 52.63% to CNY 0.36 in 2022 from CNY 0.76 in 2021[24]. - Diluted earnings per share fell by 52.00% to CNY 0.36 in 2022 compared to CNY 0.75 in 2021[24]. - The weighted average return on equity decreased by 8.47 percentage points to 5.98% in 2022 from 14.45% in 2021[24]. - Total revenue for Q4 2022 was CNY 799.35 million, a decrease from CNY 1.16 billion in Q3 2022[27]. - Net profit attributable to shareholders for Q4 2022 was a loss of CNY 40.71 million, compared to a profit of CNY 75.71 million in Q3 2022[27]. Assets and Liabilities - The total assets at the end of 2022 were approximately ¥5.19 billion, an increase of 1.30% from ¥5.12 billion at the end of 2021[22]. - The net assets attributable to shareholders at the end of 2022 were approximately ¥2.65 billion, an increase of 1.82% from ¥2.60 billion at the end of 2021[22]. - Cash and cash equivalents decreased by 31.86% to 463,192,851.03 CNY, down from 679,717,796.90 CNY in the previous period[62]. - Accounts receivable decreased by 12.35% to 1,202,959,232.33 CNY, compared to 1,372,409,226.44 CNY in the previous period[62]. - Inventory increased by 4.81% to 804,770,625.40 CNY, up from 767,838,953.27 CNY in the previous period[62]. - Contract liabilities increased by 97.68% to 16,846,555.40 CNY, attributed to an increase in pending contract obligations[64]. Investment and R&D - The company plans to invest CNY 570 million in a project to produce 5 million sets of automotive electronic magnesium-aluminum structural parts[32]. - Research and development expenses increased by 19.41% to ¥166,965,976.45, indicating a focus on innovation[45]. - R&D investment accounted for 4.34% of total operating revenue, with a total R&D expenditure of ¥166,965,976.50[56]. - The company completed 10 R&D projects in 2022, including automatic feeding heating embedding production devices for laptop metal casings and special tooling for overcoming 5G module deformation[58]. Market and Competitive Position - The company maintains strong relationships with major clients such as Lenovo, Samsung, HP, and LG, enhancing its market position[42]. - The company aims to enhance competitiveness in the new energy vehicle market through strategic investments and resource integration[32]. - The company is expanding its international presence with investments in Vietnam, expected to yield effective production capacity in 2023[31]. - The market for notebook computer structural components is expected to grow as the market for laptops gradually recovers, driven by new demands for lightweight and functional differentiation[74]. - The company aims to leverage key technologies in metal processing and special plastic materials to enhance its competitive edge in the consumer electronics sector[75]. Governance and Compliance - The governance structure of the company is designed to ensure effective oversight and accountability, with independent directors constituting over one-third of the board[84]. - The company has established a performance evaluation and incentive mechanism for middle and senior management, with a total pre-tax remuneration of 585.59 million yuan for senior management in the reporting period[89]. - The company has implemented a transparent information disclosure system, ensuring timely and fair communication with shareholders, particularly minority shareholders[86]. - The company has not engaged in insider trading activities during the reporting period, maintaining compliance with regulations regarding insider information management[86]. - The company has established a comprehensive management system for insider information, ensuring proper registration and reporting of insiders[86]. Environmental Responsibility - The company has invested approximately 4,525.35 million RMB in environmental protection during the reporting period[115]. - The company has implemented pollution control facilities, including a dry filter and water spray system for spray paint waste gas, with a total of 1 unit operating normally and meeting standards[121]. - The company reduced carbon emissions by approximately 971 tons through the installation of a rooftop distributed photovoltaic system with a capacity of 0.9 MW, generating 956.63 MWh of electricity in 2022[127]. - The company has established a comprehensive environmental monitoring mechanism and management system to ensure compliance with emission standards and effective implementation of self-monitoring plans[126]. - The company has been actively involved in environmental protection efforts, continuously improving its environmental management plans and increasing investment in environmental protection[126]. Shareholder Relations and Dividends - The company plans to distribute a cash dividend of ¥1.00 per 10 shares to all shareholders[5]. - The total cash dividend amount, including share repurchases, is approximately 124,980,490.86 RMB, accounting for 79.47% of the net profit attributable to ordinary shareholders[109]. - The company has established a continuous and stable profit distribution policy, emphasizing reasonable returns to investors while ensuring sustainable development[107]. - The company has committed to further increasing the total capacity of photovoltaic power generation in the future[127]. Risks and Challenges - The company faces risks from high customer concentration, particularly reliance on major laptop brands, which could impact performance if market conditions decline[79]. - The company has a significant amount of accounts receivable, which poses cash flow risks if not collected timely, especially as the business scales[80]. - The company is implementing strategies to mitigate foreign exchange risks, particularly related to USD fluctuations, to protect profit margins[81].

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,158,388,666.58, representing a year-on-year increase of 33.79%[6] - The net profit attributable to shareholders for the same period was ¥75,708,472.50, up 31.22% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥92,104,266.90, an increase of 77.50% compared to the previous year[6] - The net profit for Q3 2022 was ¥188,940,566.95, a decrease of 17% compared to ¥227,434,337.31 in Q3 2021[23] - The net profit attributable to shareholders of the parent company was ¥197,981,547.78, down from ¥229,981,072.61, representing a decline of approximately 14%[23] - The basic earnings per share for Q3 2022 was ¥0.17, a 14.79% increase compared to the same period last year[6] - The basic earnings per share for Q3 2022 was ¥0.45, compared to ¥0.58 in the same period last year, reflecting a decrease of about 22%[23] - Total operating revenue for the first three quarters of 2022 reached ¥3,045,316,831.64, an increase of 4.1% compared to ¥2,925,197,000.37 in the same period of 2021[22] - Operating profit for the first three quarters of 2022 was ¥230,988,324.86, slightly up from ¥222,326,896.51 in the previous year[22] - Net profit for the first three quarters of 2022 was ¥188,940,566.95, compared to ¥227,434,337.31 in the same period of 2021, reflecting a decrease of 17.0%[22] Assets and Liabilities - The total assets at the end of the reporting period reached ¥5,782,749,466.59, reflecting a growth of 12.85% from the end of the previous year[6] - Total assets as of September 30, 2022, amounted to ¥5,782,749,466.59, an increase from ¥5,124,230,105.53 at the end of 2021[19] - Current assets totaled ¥3,339,902,226.04, up from ¥3,023,434,896.30 at the end of 2021, indicating a growth of 10.5%[18] - The total liabilities as of September 30, 2022, were ¥2,924,906,105.68, an increase from ¥2,423,150,104.25 at the end of 2021, indicating a growth of 20.8%[19] Cash Flow - The company reported a net cash flow from operating activities of ¥146,130,039.28, which decreased by 37.65% year-on-year[6] - The net cash flow from operating activities decreased to ¥146,130,039.28 from ¥234,359,091.71, a decline of approximately 38%[25] - Cash inflow from operating activities for the first three quarters of 2022 was ¥3,572,294,082.85, slightly up from ¥3,545,101,905.26 in the previous year[25] - The total cash outflow from investing activities was ¥522,309,573.94, compared to ¥508,470,260.59 in the previous year, indicating a slight increase[26] - The net cash flow from financing activities was ¥10,181,363.17, a significant drop from ¥625,867,241.08 in the same period last year[26] - The cash and cash equivalents at the end of Q3 2022 were ¥627,751,344.65, down from ¥936,943,158.06 at the end of Q3 2021, a decrease of about 33%[26] - The company received cash from investment of ¥52,500,000.00 in Q3 2022, compared to ¥589,999,990.01 in the same period last year, showing a significant reduction[26] - The company reported a cash inflow from the recovery of investments amounting to ¥291,362,319.60, compared to ¥68,748,310.47 in the previous year, indicating a substantial increase[25] Financing and Investments - The company experienced a significant increase in accounts receivable financing, which rose by 452.27% to ¥36,518,032.15[10] - Short-term borrowings increased by 33.44% to ¥917,370,571.99 to meet operational needs[10] - Long-term borrowings increased by 65.21% to ¥115,455,819.59, primarily due to the need for long-term financing to support business operations[11] - The company plans to publicly issue convertible bonds not exceeding ¥570 million for the automotive electronic magnesium-aluminum structural component project, marking a significant milestone[15] - The company’s investment income showed a significant loss of ¥27,991,466.47, a decline of 558.22% compared to the previous period, primarily due to the impact of forward foreign exchange settlements[11] - The company reported a decrease in investment income, with a loss of ¥27,991,466.47 compared to a gain of ¥6,108,746.71 in the previous year[22] Research and Development - Research and development expenses for the first three quarters of 2022 were ¥132,706,739.02, up from ¥108,885,407.33 in the same period of 2021, reflecting a growth of 21.9%[22] - The company has successfully mastered "semi-solid injection molding" technology, creating industry barriers and enhancing its competitive edge in magnesium-aluminum alloy applications[16] - The company is focusing on the lightweight trend in the automotive industry, leveraging its technological advantages in magnesium alloys for various applications in new energy vehicles[16] Shareholder Information - The company’s minority shareholders' equity increased by 52.62% to ¥152,682,889.80, influenced by capital increases in non-wholly-owned subsidiaries[11] - The company’s total number of ordinary shareholders at the end of the reporting period was 22,916[13] Expenses - Sales expenses rose by 146.39% to ¥28,506,560.03, mainly due to increased consulting fees during the reporting period[11] - The goodwill increased by 52.93% to ¥36,229,152.42 due to the acquisition of Dongguan Yingmai[10] - Inventory increased to ¥886,634,126.90 from ¥767,838,953.27, representing a rise of 15.4%[18]