证券代码：603897 证券简称：长城科技 公告编号：2023-027 浙江长城电工科技股份有限公司 第四届监事会第十一次会议决议公告 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。 一、监事会会议召开情况 浙江长城电工科技股份有限公司（以下简称"公司"）第四届监事会第十一 次会议于 2023 年 8 月 9 日在公司浙江省湖州练市长城大道东 1 号会议室以现场 方式召开，会议通知已于 2023 年 8 月 1 日以通讯方式发出。会议应到监事 3 人， 实到监事 3 人。会议由监事会主席俞权娜先生主持。会议的召集及召开程序符合 《中华人民共和国公司法》（以下简称"《公司法》"）和《公司章程》的有关规定。 二、监事会会议审议情况 表决结果：3 票同意、0 票反对、0 票弃权。 （二）审议通过《公司 2023 年半年度利润分配方案的议案》 具体内容详见公司于同日刊登在上海证券交易所网站（www.sse.com.cn）的 《浙江长城电工科技股份有限公司关于 2023 年半年度利润分配方案的公告》（公 1 告编号：2023-02 ...

证券代码：603897 证券简称：长城科技 公告编号：2023-026 浙江长城电工科技股份有限公司 第四届董事会第十三次会议决议公告 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。 一、董事会会议召开情况 浙江长城电工科技股份有限公司（以下简称"公司"）第四届董事会第十三 次会议于 2023 年 8 月 9 日在公司浙江省湖州练市长城大道东 1 号会议室以现场 方式召开，会议通知已于 2023 年 8 月 1 日以通讯方式发出。会议应到董事 7 人， 实到董事 7 人。公司全体监事和高级管理人员列席会议。会议由董事长顾正韡先 生主持。会议的召集及召开程序符合《中华人民共和国公司法》（以下简称"《公 司法》"）和《公司章程》的有关规定。 二、董事会会议审议情况 （一）审议通过《2023 年半年度报告》全文及其摘要 公司董事会认为：（1）2023 年半年度报告的编制和审议程序符合法律、法 规、《公司章程》和公司内部管理制度的各项规定；（2）2023 年半年度报告的 内容和格式符合中国证监会和上海证券交易所的各项规定，所包含 ...

证券代码：603897 证券简称：长城科技 公告编号：2023-015 浙江长城电工科技股份有限公司 关于召开 2022 年度业绩说明会暨 参加 2023 年浙江辖区上市公司投资者网上集体接待日活动的公告 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： 会议内容：2022 年度业绩说明会暨 2023 年浙江辖区上市公司投资者网上集 体接待日活动 召开时间：2022 年 5 月 12 日下午 15:00-17:00 召开地点：全景网（http://rs.p5w.net） 召开方式：网络平台在线交流 投资者可以在 2022 年 5 月 11 日下午 16:00 前将需要了解的情况和关注问题 预先发送至公司投资者关系信箱(grandwall@yeah.net)，公司将在说明会上 就投资者普遍关注的问题进行回答。 一、 说明会类型 浙江长城电工科技股份有限公司（以下简称"公司"）已经于 2023 年 4 月 28 日 披露了《长城科技 2022 年年度报告》，为进一步加强与投资者的沟通交流，公司将 于 2022 ...

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。 证券代码：603897 证券简称：长城科技 公告编号：2023-015 浙江长城电工科技股份有限公司 关于召开 2022 年度业绩说明会暨 参加 2023 年浙江辖区上市公司投资者网上集体接待日活动的公告 公司董事长、总经理顾正韡先生，公司董事会秘书、财务负责人陆永明先生及 相关工作人员，具体人员以实际出席为准； 四、 投资者参加方式 重要内容提示： 一、 说明会类型 浙江长城电工科技股份有限公司（以下简称"公司"）已经于 2023 年 4 月 28 日 披露了《长城科技 2022 年年度报告》，为进一步加强与投资者的沟通交流，公司将 于 2022 年 5 月 12 日召开 2022 年度业绩说明会暨参加 2023 年浙江辖区上市公司投 资者网上集体接待日活动（以下简称"本次活动"），本次活动以网络方式召开，公 司将针对 2022 年度经营成果、财务指标及公司 2023 年度经营计划与投资者进行互 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、 ...

Financial Performance - The company's consolidated net profit attributable to shareholders for 2022 was CNY 136,179,462.79, a decrease of 60.08% compared to CNY 341,104,603.35 in 2021[6]. - Operating revenue for 2022 was CNY 10,026,427,612.03, down 6.53% from CNY 10,726,728,963.94 in 2021[21]. - Basic earnings per share for 2022 were CNY 0.66, a decline of 65.08% from CNY 1.89 in 2021[22]. - The company reported a net asset attributable to shareholders of CNY 2,745,409,441.81 at the end of 2022, a slight increase of 1.22% from CNY 2,712,447,819.52 at the end of 2021[21]. - The company reported a gross margin of 3.76% in the manufacturing sector, a decrease of 2.26 percentage points year-on-year[46]. - The total comprehensive income for 2022 was CNY 136,179,462.79, a decrease of 60.0% from CNY 341,104,603.35 in 2021[191]. Cash Flow and Investments - The net cash flow from operating activities improved significantly to CNY 186,755,230.01, compared to a negative cash flow of CNY -359,476,984.96 in 2021, marking a 151.95% increase[21]. - The cash flow from operating activities showed a negative value of CNY 604.95 million in Q4 2022[24]. - The net cash flow from investing activities was -238,057,076.88 RMB, contrasting with a positive cash flow of 430,269,656.47 RMB in the previous year[58]. - The company raised CNY 1,352,871,621.60 through financing activities in 2022, compared to CNY 201,000,000.00 in 2021, showing increased financing efforts[197]. Production and Capacity - The production of electromagnetic wire products was 151,700 tons, a decline of 5.19% year-on-year, while sales were 151,200 tons, down 7.24%[32]. - The company has significantly increased its production capacity in both traditional and new energy sectors by investing in new factories and equipment[32]. - The company has the capacity to produce 50,000 tons of flat electromagnetic wire for electric vehicles annually, indicating a focus on high-quality development and innovation[33]. - In 2022, the company increased its fixed asset investment by 484.74 million yuan compared to the previous year, enhancing its production capabilities through the construction of standardized and intelligent manufacturing plants[39]. Research and Development - The company invested 154.49 million yuan in research and development during the reporting period, holding over 150 valid patents and participating in the formulation of 52 industry standards[40]. - Research and development expenses were 154,490,814.34 RMB, a decrease of 5.84% compared to the previous year[43]. - The company is actively optimizing its product structure to enhance market share in the new energy vehicle sector[32]. Market and Sales - The company’s products are primarily sold in the domestic market, with approximately 90% of sales directed towards the East China region, which is a key area for industrial applications[38]. - The company has established long-term partnerships with well-known brands in various sectors, ensuring stable demand and a competitive edge in the market[37]. - The company’s foreign sales revenue increased by 47.03% year-on-year, reaching 128,136,824.14 RMB[46]. Risks and Challenges - The company faced challenges due to rising raw material and energy prices, as well as weak downstream demand[32]. - The company recognizes market risks due to dependence on industries like home appliances and automotive, which are sensitive to economic fluctuations, and will adjust product structures accordingly[80]. - Raw material price volatility, particularly copper, which accounts for over 90% of the main business costs, poses a significant risk, and the company will implement cost control measures to mitigate this[80]. Governance and Compliance - The company maintains a transparent governance structure, ensuring fair treatment of all shareholders and compliance with legal requirements[86]. - The company has not faced any penalties from securities regulatory authorities in the past three years, indicating compliance with regulations[98]. - The company has established a hotline for investor inquiries to ensure timely responses while adhering to information disclosure regulations[87]. Environmental and Social Responsibility - The company has been recognized as a "National Green Factory" and a "Provincial Pilot Demonstration Enterprise for Integration of Manufacturing and Internet," reflecting its commitment to sustainable and innovative practices[38]. - The company invested a total of 62.10 million yuan in public welfare projects, benefiting numerous individuals[130]. - The company has implemented measures to reduce carbon emissions, including centralized paint supply systems and real-time monitoring of volatile organic compounds (VOCs) emissions[129].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,357,151,499.87, representing a decrease of 1.01% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 30,619,576.11, down 37.40% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 32,088,599.95, a decrease of 33.96% compared to the previous year[5]. - Basic earnings per share were CNY 0.15, down 37.50% year-on-year[6]. - The company reported a net profit margin of approximately 1.9% for Q1 2023, down from 2.8% in Q1 2022[19]. - In Q1 2023, the company's net profit was CNY 30,619,576.11, a decrease of 37.4% compared to CNY 48,916,430.89 in Q1 2022[20]. - The company's operating profit for Q1 2023 was CNY 39,979,753.97, down 31.4% from CNY 58,356,024.78 in the same period last year[20]. - The company reported a total revenue from sales and services of CNY 1,991,233,418.21 in Q1 2023, slightly down from CNY 2,023,929,193.97 in Q1 2022[24]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -7,449,709.38, an increase of 95.27% in cash outflow compared to the same period last year[5]. - The total cash flow from operating activities in Q1 2023 was a net outflow of CNY 7,449,709.38, compared to a net outflow of CNY 157,445,792.24 in Q1 2022[24]. - Cash and cash equivalents increased to RMB 1,295,631,952.60 as of March 31, 2023, compared to RMB 1,194,835,895.87 at the end of 2022, reflecting an increase of 8.4%[16]. - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 1,171,375,232.60, an increase from CNY 177,772,493.41 at the end of Q1 2022[25]. - The total cash outflow from investing activities in Q1 2023 was CNY 34,946,333.98, a decrease from CNY 93,611,567.22 in Q1 2022[25]. - The company raised CNY 119,868,750.00 through borrowings in Q1 2023, a substantial increase from CNY 9,891,666.67 in Q1 2022[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,960,698,094.78, an increase of 5.91% from the end of the previous year[6]. - Total assets as of March 31, 2023, amounted to RMB 5,960,698,094.78, up from RMB 5,627,879,497.83 at the end of 2022, marking an increase of 5.9%[18]. - Total liabilities increased to RMB 3,184,669,076.86 from RMB 2,882,470,056.02, indicating a rise of 10.5%[18]. - Shareholders' equity as of March 31, 2023, was RMB 2,776,029,017.92, compared to RMB 2,745,409,441.81 at the end of 2022, reflecting an increase of 1.1%[18]. - The equity attributable to shareholders was CNY 2,776,029,017.92, up 1.12% from the previous year[6]. - Short-term borrowings rose to RMB 793,987,421.22 from RMB 681,742,936.37, an increase of 16.4%[17]. Cost and Expenses - The company experienced increased raw material costs and fixed costs, which significantly impacted profitability[10]. - Total operating costs for Q1 2023 were RMB 2,312,452,727.62, down from RMB 2,314,016,935.48 in Q1 2022, indicating a marginal reduction of 0.07%[19]. - Research and development expenses in Q1 2023 were CNY 24,267,473.10, significantly reduced by 45.6% from CNY 44,713,241.56 in Q1 2022[20]. - The company incurred financial expenses of CNY -5,747,975.57 in Q1 2023, compared to CNY -1,125,687.99 in Q1 2022, indicating a significant increase in financial costs[20]. - Non-recurring gains and losses amounted to CNY -1,469,023.84, primarily due to various adjustments and losses[9]. Performance Ratios - The weighted average return on equity decreased by 0.69 percentage points to 1.11%[6]. - The basic and diluted earnings per share for Q1 2023 were both CNY 0.15, down from CNY 0.24 in Q1 2022[21].

Financial Performance - The company's operating revenue for Q3 2022 was ¥2,021,264,736.45, a decrease of 31.41% compared to the same period last year[5] - The net profit attributable to shareholders was -¥19,044,796.40, representing a decline of 122.49% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥12,370,072.61, down 115.62% from the previous year[5] - Basic earnings per share were -¥0.09, a decrease of 119.57% compared to the same period last year[6] - Diluted earnings per share also stood at -¥0.09, reflecting a decline of 121.95% year-on-year[6] - Total operating revenue for the first three quarters of 2022 was CNY 7,470,673,143.53, a decrease of 6.7% compared to CNY 8,011,966,421.47 in the same period of 2021[23] - Net profit for the first three quarters of 2022 was CNY 94,860,266.95, a decline of 67.9% from CNY 294,913,841.24 in the same period of 2021[24] - Earnings per share for the first three quarters of 2022 were CNY 0.46, compared to CNY 1.64 in the same period of 2021[25] Cash Flow and Liquidity - The cash flow from operating activities showed a significant increase of 274.55%, totaling ¥791,705,546.14 year-to-date[6] - Cash flow from operating activities for the first three quarters of 2022 was CNY 791,705,546.14, a significant improvement from a negative cash flow of CNY -453,568,755.47 in 2021[28] - The net cash flow from investing activities was -$269.55 million, a significant decrease compared to $491.37 million in the previous period[29] - Cash inflow from financing activities totaled $799.88 million, up from $252.26 million year-over-year[29] - The net cash flow from financing activities was $719.85 million, contrasting with a negative $74.37 million in the prior period[29] - The total cash and cash equivalents at the end of the period reached $1.65 billion, an increase from $556.30 million at the beginning of the period[29] - The company experienced a net increase in cash and cash equivalents of $1.24 billion, compared to a decrease of $36.92 million in the previous year[29] Assets and Liabilities - Total assets increased by 29.36% to ¥5,734,092,956.55 compared to the end of the previous year[6] - Total current assets reached RMB 4,619,307,492.16, an increase from RMB 3,490,482,192.57 year-over-year[18] - Total assets increased to RMB 5,734,092,956.55 from RMB 4,432,774,362.62, reflecting a growth of about 29.3%[19] - Short-term borrowings rose significantly to RMB 789,864,694.46 from RMB 197,833,738.85, marking an increase of approximately 299%[19] - Total liabilities reached RMB 3,030,002,710.58, up from RMB 2,220,326,543.10, representing an increase of around 36.5%[19] - Total liabilities as of the end of Q3 2022 were CNY 3,030,002,710.58, compared to CNY 1,720,326,543.10 in the previous year[20] - Total assets as of the end of Q3 2022 were CNY 5,734,092,956.55, an increase from CNY 4,432,774,362.62 in the previous year[20] Operational Costs and Expenses - The company attributed the decline in net profit to increased costs of raw materials and electricity, as well as a decrease in sales volume[10] - Total operating costs for the first three quarters of 2022 were CNY 7,316,318,431.85, down 5.2% from CNY 7,716,603,180.15 in 2021[23] - Research and development expenses for the first three quarters of 2022 were CNY 124,515,940.24, slightly down from CNY 129,040,733.24 in 2021[24] - Sales expenses increased to CNY 7,179,752.75 in the first three quarters of 2022, compared to CNY 5,994,172.57 in 2021[24] - Management expenses rose to CNY 35,610,113.95 in the first three quarters of 2022, up from CNY 24,450,714.49 in 2021[24] Government Support and Future Outlook - The company received government subsidies amounting to ¥3,261,959.19 during the reporting period[8] - The company has not disclosed any new product or technology developments during this reporting period[15] - There are no updates on market expansion or mergers and acquisitions mentioned in the report[15] - The company has not provided specific future outlook or performance guidance in this report[15] - The company did not apply new accounting standards or interpretations for the year 2022[30]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥5.45 billion, representing a 7.58% increase compared to ¥5.07 billion in the same period last year[17]. - The net profit attributable to shareholders decreased by 45.81% to approximately ¥113.91 million, down from ¥210.21 million in the previous year[17]. - The basic earnings per share decreased by 53.39% to ¥0.55, down from ¥1.18 in the same period last year[18]. - The weighted average return on equity decreased by 5.90 percentage points to 4.16% compared to 10.06% in the previous year[18]. - The company reported a decrease of 32.73% in net profit after deducting non-recurring gains and losses, amounting to approximately ¥107.38 million[17]. - The company achieved operating revenue of CNY 544,940,840.7, representing a year-on-year growth of 7.58%[29]. - The net profit attributable to shareholders decreased by 45.81% to CNY 11,390,510.0 compared to the same period last year[29]. - The production volume of electromagnetic wire was 74,421 tons, a decrease of 9.60% year-on-year, while sales volume was 74,486 tons, down 6.59%[29]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching approximately ¥638.13 million, compared to a negative cash flow of ¥412.57 million in the same period last year, marking a 254.67% increase[17]. - The company's cash and cash equivalents increased by 155.59% to CNY 1,100,785,907.5, primarily due to increased short-term borrowings[34]. - The company's cash flow from operating activities improved significantly, reaching CNY 638,134,290.4, a 254.67% increase from the previous year[31]. - The company's cash and cash equivalents at the end of the period reached ¥798,859,979.78, an increase from ¥466,787,368.61 at the end of the previous year[107]. - The net cash flow from financing activities improved significantly, with a net cash flow of -¥17,217,634.93 compared to -¥88,153,809.23 in the previous year, indicating a positive trend in financing operations[107]. Assets and Liabilities - The total assets of the company increased by 18.37% to approximately ¥5.25 billion, up from ¥4.43 billion at the end of the previous year[17]. - The net assets attributable to shareholders increased by 1.92% to approximately ¥2.76 billion, compared to ¥2.71 billion at the end of the previous year[17]. - The company's total liabilities reached RMB 2,482,770,291.68, up from RMB 1,720,326,543.10, which is an increase of about 44.4%[89]. - The total current liabilities increased to RMB 2,421,040,220.30 from RMB 1,659,392,095.75, representing a rise of approximately 45.9%[88]. - The company's total equity at the end of the reporting period is CNY 2,394,453,369.75, compared to CNY 1,882,848,029.43 at the end of the previous year, representing an increase of approximately 27.3%[114]. Research and Development - The company has established partnerships with renowned research institutions, enhancing its R&D capabilities[27]. - The company’s R&D expenses increased by 8.29% to CNY 87,818,135.8, indicating a commitment to innovation[31]. - The company reported R&D expenses of ¥87,818,135.81 for the first half of 2022, up from ¥81,092,349.04 in the same period of 2021, an increase of 8.9%[95]. Market Position and Operations - The company’s main business is the research, production, and sales of electromagnetic wires, with a product range covering over 1,000 specifications[23]. - The company operates on a sales-driven production model, adjusting production plans based on customer orders[23]. - The company is positioned as a leading manufacturer in the domestic electromagnetic wire market, holding a significant market share[23]. - The electromagnetic wire market in China accounts for approximately 50% of the global production total[24]. - The company is focusing on technological advancements and market expansion in response to the evolving demands of various industries[25]. Environmental and Regulatory Compliance - The company is recognized as a key pollutant discharge unit in Zhejiang Province, focusing on air quality management[52]. - The company has implemented advanced pollution control measures, including a three-stage low-temperature catalytic combustion device to ensure emissions meet regulatory standards[53]. - The company has achieved ISO14001:2015 environmental management system certification and was recognized as a national green factory in 2021[57]. - The company has established an emergency response plan for environmental incidents, registered with the relevant authorities[55]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[57]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 30,940[76]. - The largest shareholder, Huzhou Great Wall Electronics Technology Co., Ltd., holds 51,737,200 shares, accounting for 25.06% of the total shares[78]. - The second-largest shareholder, Gu Linxiang, has reduced his holdings by 2,060,000 shares, now holding 38,698,100 shares, which is 18.75% of the total[78]. - The report indicates no significant litigation or arbitration matters during the reporting period[69]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[68]. Taxation and Government Grants - The export tax rebate rate is set at 13% for goods exported by the company[195]. - The company’s subsidiary, Huzhou Changcheng Special Wire Co., Ltd., is recognized as a high-tech enterprise and enjoys a reduced corporate income tax rate of 15% for three years starting from 2020[195]. - The corporate income tax rate for other subsidiaries ranges from 15% to 25%, depending on their classification[194]. - The company received tax refunds amounting to approximately CNY 89.96 million in the first half of 2022, compared to CNY 3.01 million in the same period of 2021[102]. Financial Reporting and Accounting Policies - The company’s financial statements are prepared based on the going concern assumption, indicating no significant doubts about its ability to continue operations[122]. - The company’s accounting policies comply with the requirements of the accounting standards, ensuring transparency and accuracy in financial reporting[124]. - The company has not made any significant changes to its accounting policies or estimates during the reporting period[193]. - The company recognizes revenue when control of the goods is transferred to the customer, considering factors such as payment obligations and acceptance of goods[173].

证券代码：603897 证券简称：长城科技 公告编号：2022-029 浙江长城电工科技股份有限公司 关于召开 2021 年度业绩说明会暨 参加 2022 年浙江辖区上市公司投资者网上集体接待日活动的公告 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： 会议内容：2021 年度业绩说明会暨 2022 年浙江辖区上市公司投资者网上集 体接待日活动 召开时间：2022 年 5 月 13 日下午 15:00-17:00 召开地点：全景网（http://rs.p5w.net） 召开方式：网络平台在线交流 投资者可以在 2022 年 5 月 12 日下午 16:00 前将需要了解的情况和关注问题 预先发送至公司投资者关系信箱(grandwall@yeah.net)，公司将在说明会上 就投资者普遍关注的问题进行回答。 一、 说明会类型 浙江长城电工科技股份有限公司（以下简称"公司"）已经于 2022 年 2 月 26 日 披露了《浙江长城电工科技股份有限公司 2021 年年度报告》，为进一步加强与投资 者的沟通交流， ...

Financial Performance - The company's operating revenue for Q1 2022 was CNY 2,381,094,967.28, representing a year-on-year increase of 10.69%[5] - The net profit attributable to shareholders decreased by 37.41% to CNY 48,916,430.89 compared to the same period last year[5] - Basic earnings per share decreased by 45.45% to CNY 0.24, primarily due to an increase in share capital and a decline in net profit[11] - Total operating revenue for Q1 2022 was ¥2,381,094,967.28, an increase of 10.67% compared to ¥2,151,232,509.35 in Q1 2021[20] - Net profit for Q1 2022 was ¥48,916,430.89, a decrease of 37.43% from ¥78,159,933.73 in Q1 2021[21] - Basic earnings per share for Q1 2022 were ¥0.24, down from ¥0.44 in Q1 2021[22] Cash Flow - The net cash flow from operating activities was negative at CNY -157,445,792.24, a decline of 30.85% year-on-year[5] - Cash flow from operating activities in Q1 2022 was negative at -¥157,445,792.24, compared to -¥120,324,557.42 in Q1 2021[25] - Cash inflow from investment activities in Q1 2022 was ¥15,481,931.00, significantly lower than ¥162,052,879.45 in Q1 2021[25] - Cash outflow from investment activities in Q1 2022 was ¥93,611,567.22, compared to ¥48,833,863.07 in Q1 2021[25] - Cash inflow from financing activities in Q1 2022 was ¥9,891,666.67, with no inflow recorded in Q1 2021[25] - The net cash flow from financing activities was $9,880,791.68, indicating a significant outflow of $101,307,641.25[26] - The net increase in cash and cash equivalents was a decrease of $225,548,012.99, compared to a decrease of $108,689,409.47 in the previous period[26] - The beginning balance of cash and cash equivalents was $403,320,506.40, while the ending balance was $177,772,493.41[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,672,805,908.40, an increase of 5.41% from the end of the previous year[6] - The company's current assets totaled CNY 3,680,948,577.64, compared to CNY 3,490,482,192.57 in the previous period, indicating an increase of about 5.5%[18] - Accounts receivable rose to CNY 1,751,371,830.31 from CNY 1,550,215,701.76, representing an increase of approximately 12.9%[17] - The company's inventory increased to CNY 830,327,540.98 from CNY 773,592,660.36, marking a growth of about 7.3%[18] - Total liabilities reached CNY 1,973,372,362.29, up from CNY 1,720,326,543.10, which is an increase of approximately 14.7%[19] - The company's equity attributable to shareholders decreased slightly to CNY 2,699,433,546.11 from CNY 2,712,447,819.52, reflecting a decline of about 0.5%[19] - The company's total non-current assets amounted to CNY 991,857,330.76, up from CNY 942,292,170.05, indicating a growth of about 5.3%[18] - The total liabilities and equity increased to ¥4,672,805,908.40 in Q1 2022 from ¥4,432,774,362.62 in Q1 2021[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,050[13] - The largest shareholder, Huzhou Great Wall Electronics Technology Co., Ltd., held 25.06% of the shares[13] Costs and Expenses - The company reported a significant increase in material costs and credit impairment losses, impacting profitability[10] - Total operating costs for Q1 2022 were ¥2,314,016,935.48, up 12.06% from ¥2,064,557,245.14 in Q1 2021[20] - The company reported a decrease in research and development expenses to ¥44,713,241.56 in Q1 2022 from ¥41,043,025.25 in Q1 2021[20] Other Financial Metrics - The weighted average return on equity decreased by 2.12 percentage points to 1.80% due to reduced other income and a significant increase in net assets[11] - Non-recurring gains and losses amounted to CNY 327,070.73 after tax, with government subsidies being a notable component[9] - The cash and cash equivalents were reported at CNY 212,391,965.41, down from CNY 430,690,297.40, indicating a decrease of approximately 50.7%[17] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $146,623.79, compared to a decrease of $276,227.18 in the previous period[26] - The company is not applying the new accounting standards for the first time in 2022[26]