证券代码：603917 证券简称：合力科技 公告编号：2023-028 http://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 04 月 06 日(星期四) 至 04 月 12 日(星期 三)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 stock@helimould.com 进行提问。公司将在说明会上对 投资者普遍关注的问题进行回答。 宁波合力科技股份有限公司（以下简称"公司"）已于 2023 年 3 月 31 日发布公司 2022 年度报告，为便于广大投资者更全面深入地了 解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 04 月 13 日 下午 15:00-16:00 举行 2022 年度业绩说明会，就投资者关心的 问题进行交流。 一、 说明会类型 宁波合力科技股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 董事会秘书：吴海涛先生 ...

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 2022 年第三季度报告 证券代码：603917 证券简称：合力科技 宁波合力科技股份有限公司 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。 (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 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 162,578,217.12 | 15.31 | 474,929,781.34 | -3.57 | | ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥312,351,564.22, a decrease of 11.14% compared to ¥351,518,252.70 in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2022 was ¥28,376,020.98, down 23.90% from ¥37,289,796.41 in the previous year[17]. - The basic earnings per share for the first half of 2022 were ¥0.1810, a decrease of 23.89% from ¥0.2378 in the same period last year[18]. - The weighted average return on net assets was 2.71%, down 0.68 percentage points from 3.39% in the previous year[18]. - The company reported a decrease of 26.91% in net profit after deducting non-recurring gains and losses, amounting to ¥19,784,053.26 compared to ¥27,068,745.72 in the previous year[17]. - The company reported a total profit for the first half of 2022 of CNY 30,793,830.01, down from CNY 37,057,190.12, reflecting a decline of 17.2% year-over-year[128]. - The company reported a total comprehensive income of CNY 32,625,459.44 for the current period[147]. Cash Flow and Investments - The net cash flow from operating activities increased by 2.37% to ¥60,526,167.99 compared to ¥59,125,582.28 in the same period last year[17]. - The net cash flow from investment activities decreased significantly by 171.46% to CNY -12,594,668.38, primarily due to a reduction in the recovery of financial investments[52]. - The net cash flow from financing activities increased by 55.59% to CNY -21,434,291.68, mainly due to the previous year's payment for equity transfer[53]. - The company reported a tax expense of CNY 2,818,656.38, compared to CNY 4,431,730.68 in the first half of 2021, reflecting a decrease of 36.3%[128]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,453,896,805.84, a decrease of 0.60% from ¥1,462,744,438.27 at the end of the previous year[17]. - The company's cash and cash equivalents at the end of the period increased by 47.23% to CNY 75,549,988.69[53]. - Total liabilities decreased from CNY 429,219,630.11 to CNY 412,032,277.32, a decline of about 4.0%[115]. - The company's long-term equity investments decreased to ¥1,541,967.70 from ¥2,495,859.26, a decline of about 38.4%[113]. Research and Development - Research and development expenses increased by 9.39% to CNY 17,780,922.47, indicating a commitment to innovation[52]. - The company has developed over 200 types of high-end casting and stamping molds, showcasing strong R&D capabilities in precision mold design and manufacturing[40]. - The company is actively promoting the research and application of non-heat treatment materials[50]. Market and Industry Trends - The decline in revenue and profit was primarily due to the impact of the pandemic and decreased sales of aluminum alloy components and products from the subsidiary Heli Braking[18]. - The automotive lightweighting trend is driving demand for aluminum alloy die-casting components, with major automakers transitioning to these materials[36]. - The company anticipates significant growth in the new energy vehicle sector, with projections indicating that by 2025, 25% of vehicle sales in China will be electric[38]. Business Model and Operations - The company operates in the specialized equipment manufacturing industry, specifically in the mold manufacturing sector, with a focus on automotive casting molds and aluminum alloy components[24][25]. - The company employs a "make-to-order" production model, ensuring customized products based on client specifications[32]. - The company has established a direct sales model, eliminating intermediaries and focusing on one-on-one customer engagement[35]. - The company has optimized its production process from "design first, then manufacture" to a "concurrent design and manufacturing" approach, improving production efficiency[46]. Environmental and Compliance - The company has implemented strict environmental operation standards and invested in pollution control measures, ensuring compliance with national environmental laws[74]. - The company is not listed as a key pollutant unit by the Ningbo Environmental Protection Bureau and has not faced any administrative penalties for environmental issues[74]. Shareholder Commitments and Governance - The company has committed to not reducing its shares during the lock-up period and will comply with relevant laws and regulations for any future share reductions[82]. - The company’s major shareholders promise to avoid holding shares in competing businesses and will not engage in activities that may compete with the company[89]. - The commitments made by the company and its major shareholders are effective immediately and are irrevocable during their tenure[90]. Management and Organizational Changes - The company has experienced changes in its senior management, with new appointments for the positions of board secretary and financial director[69]. - The total number of ordinary shareholders as of the end of the reporting period is 13,867[103].

2022 年第一季度报告 证券代码：603917 证券简称：合力科技 宁波合力科技股份有限公司 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、准确性和完整性依法承担法律责任。 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 (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(%) | | | --- | --- | --- | --- | | 营业收入 | 133,483,863.72 | | -13.44 | | 归属于上市公司股东的净利润 | 11,570,450.39 | | -22.46 | | 归属于上市公司股东的扣除非经常性 | 5,166,036.73 | | -54. ...

Financial Performance - In 2021, the company's operating revenue was RMB 704,056,982.60, a decrease of 1.85% compared to 2020[24] - The net profit attributable to shareholders was RMB 64,901,841.38, representing a decline of 22.98% year-on-year[24] - The net profit after deducting non-recurring gains and losses was RMB 43,721,439.78, down 32.47% from the previous year[24] - The net cash flow from operating activities was RMB 107,594,875.58, a decrease of 19.10% compared to 2020[24] - The total assets at the end of 2021 were RMB 1,462,744,438.27, a decrease of 3.05% from the end of 2020[24] - The company's net assets attributable to shareholders were RMB 1,033,524,808.16, down 4.91% year-on-year[24] - Basic earnings per share for 2021 were RMB 0.4139, a decrease of 22.98% compared to 2020[25] - The weighted average return on net assets was 6.14%, a decrease of 1.88 percentage points from the previous year[25] - The company's operating income for 2021 was RMB 153,940,290.69, a decrease from RMB 197,577,962.01 in 2020, representing a decline of approximately 22%[29] - The net profit attributable to shareholders for 2021 was RMB 14,920,990.57, down from RMB 22,368,805.84 in 2020, indicating a decrease of about 33%[29] - The net profit after deducting non-recurring gains and losses was RMB 11,252,033.43 in 2021, compared to RMB 15,816,712.29 in 2020, reflecting a decline of approximately 29%[29] Market and Business Development - The company completed the construction of a project to produce 100 sets of large precision die-casting molds and 1.5 million aluminum alloy parts, which has started generating economic benefits[35] - The company has established a joint venture with Nabtesco to develop and manufacture electric air compressors for commercial vehicles, enhancing its product offerings in the new energy sector[36] - The company has expanded its market presence by strengthening partnerships with international clients such as AK in Spain and NEMAK in Mexico, while also developing relationships with domestic manufacturers in the new energy vehicle sector[34] - The company has invested in digital factory initiatives, including the implementation of PLM, ERP, and MES systems to enhance its manufacturing capabilities[35] - The company has focused on R&D for aluminum alloy materials to improve mechanical properties while reducing production costs[36] - The company completed the acquisition of Helit Brake, which is expected to enhance its operational scale and profitability in the automotive brake industry[35] - The company focuses on the development, design, manufacturing, and sales of automotive casting molds, hot stamping molds, aluminum alloy components, and automotive brake systems, emphasizing new energy and lightweight strategies[43] - The company has established three main business segments: mold division, aluminum alloy division, and brake system division, providing one-stop services for various clients in automotive and rail transportation sectors[43] - The company maintains a strong market position as a leading supplier of high-end precision molds and components, consistently ranking among the top in domestic market share for casting molds[53] Production and Operational Efficiency - The company has developed advanced technologies in large precision casting mold design and manufacturing, achieving high technical parameters in both casting and hot stamping molds[57] - The company has received multiple awards for its mold products, including "National Key New Product" and "Precision Mold Award" from the China Mold Industry Association[55] - The company employs a customized production model, focusing on "sales-driven production" and "production-driven orders" to meet specific client needs[47] - The company utilizes advanced processing technologies and automation in its manufacturing processes, ensuring high precision and efficiency in mold production[56] - The company has a stable team of skilled workers with an average experience of over 10 years, ensuring quality control and stability in mold product quality[56] Research and Development - The company's R&D expenses increased by 25.79% to CNY 33.13 million, reflecting a commitment to innovation[65] - The total R&D expenditure was ¥33,127,331.17, which is 4.71% of operating revenue[78] - The number of R&D personnel is 107, making up 12.36% of the total workforce[79] - The company plans to maintain a high level of R&D investment, targeting a significant portion of its main business revenue to be allocated to research in casting molds and aluminum components[101] - The company is establishing partnerships with universities and research institutions to stay updated on industry advancements and improve its independent innovation capabilities[101] Financial Management and Shareholder Relations - The company plans to distribute a cash dividend of RMB 1.3 per 10 shares, totaling RMB 20,384,000[5] - The company aims to distribute at least 10% of the annual distributable profits as cash dividends, provided there are no significant investment plans or cash expenditures[150] - In the absence of major investments, the company will prioritize cash dividends, with a minimum cash dividend ratio of 80% for mature companies without significant capital expenditures[150] - The company will review its shareholder return plan at least every three years, considering the opinions of shareholders, especially minority shareholders, and independent directors[153] - The company’s profit distribution policy emphasizes sustainability and reasonable returns to investors while maintaining operational capabilities[149] - The board of directors will propose mid-term profit distributions based on the company's financial situation, subject to shareholder approval[149] Risk Management - The company acknowledges potential risks from macroeconomic fluctuations and cyclical changes in the automotive industry, which could impact its performance[104] - The procurement cost of mold steel and aluminum alloy ingots represented a high percentage of total raw material costs, exposing the company to raw material price fluctuation risks[107] - Exchange rate fluctuations can impact the company's operating performance, particularly if the RMB appreciates against the Euro and USD, affecting product pricing and gross margins[110] Corporate Governance - The company has experienced a significant turnover in its management team, with several key positions seeing changes in personnel[122] - The board's focus on improving corporate governance and operational efficiency is evident from the changes in shareholding and management structure[121] - The company has established a robust internal control management system in compliance with regulations, enhancing decision-making efficiency and ensuring asset safety[158] - The internal control audit report received a standard unqualified opinion, indicating effective internal control measures[160] - The company actively promotes carbon emission reduction by utilizing solar energy and optimizing production schedules to minimize energy waste[164] Compliance and Legal Matters - The company has not faced any administrative penalties related to environmental issues during the reporting period[162] - The company has not faced any delisting risks or significant regulatory issues during the reporting period[195] - The company has committed to avoiding and minimizing related party transactions with its controlling shareholders[188] - The company has established a commitment to avoid competition with other businesses controlled by its major shareholders[187] Employee Management and Development - The company has a comprehensive employee training program to support professional development and ensure compliance with labor laws[164] - The company encourages employee participation in management and offers various allowances based on job roles and performance[145] - The company employed a total of 866 staff, with 640 in the parent company and 226 in major subsidiaries[143]

证券代码：603917 证券简称：合力科技 公告编号：2021-041 宁波合力科技股份有限公司 关于参加"宁波辖区2021年度上市公司投资者 网上集体接待日主题活动"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。 活动时间：2021年11月18日（星期四）下午15:00-17:00 活动方式：网络文字互动 活动平台：全景网投资者关系互动平台（https://rs.p5w.net/） 为进一步加强宁波辖区上市公司与投资者特别是中小投资者的沟通交流，增 强上市公司的透明度，提升公司治理水平，促进公司规范运作，在宁波证监局指 导下，宁波上市公司协会将联合深圳市全景网络有限公司共同举办"心系投资者 携手共行动"——宁波辖区2021年度上市公司投资者网上集体接待日主题活动。 活动于2021年11月18日15:00-17:00举行，平台登陆地址：https://rs.p5w.net/ 届时，公司高管人员将参加本次活动，通过网络在线交流形式，就公司治理、 发展战略、经营状况、可持续发展等投资者所关心的问题，与投资者进行"一对 ...

2021 年第三季度报告 证券代码：603917 证券简称：合力科技 宁波合力科技股份有限公司 2021 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。 第三季度财务报表是否经审计 □是 √否 1 / 16 2021 年第三季度报告 一、 主要财务数据 (一)主要会计数据和财务指标 | 项目 | 本报告期 | 上年同期 | | 本报告期比上 年同期增减变 | 年初至报告期 | 上年同期 | | 年初至报告 期末比上年 同期增减变 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 动幅度(%) | 末 | | | | | | | | | | | | ...

Financial Performance - The company's operating revenue for the first half of 2021 was RMB 351,518,252.70, representing a 7.94% increase compared to RMB 325,672,430.12 in the same period last year[18]. - The net profit attributable to shareholders of the listed company decreased by 16.59% to RMB 37,289,796.41 from RMB 44,708,859.73 in the previous year[18]. - The basic earnings per share for the first half of 2021 was RMB 0.2378, down 16.59% from RMB 0.2851 in the same period last year[19]. - The net profit after deducting non-recurring gains and losses was RMB 27,068,745.72, a decrease of 19.34% compared to the previous year[18]. - The company reported a total profit of 10,221,050.69, with a significant loss from income tax amounting to -1,344,701.33[22]. - The company achieved operating revenue of 351.52 million yuan, representing a year-on-year growth of 7.94%[52]. - The net profit attributable to shareholders decreased by 16.59% to 37.29 million yuan[52]. - The company reported a significant increase in short-term borrowings, which rose by 119.84% to ¥55,107,452.23, indicating increased leverage[59]. - The company reported a total comprehensive income of 32,625,459.44 RMB for the current period[152]. Assets and Liabilities - The company's total assets as of June 30, 2021, were RMB 1,465,466,140.00, a decrease of 2.88% from RMB 1,508,960,570.88 at the end of the previous year[18]. - The company's total equity attributable to shareholders decreased by 7.53% to RMB 1,005,134,591.49 from RMB 1,086,998,284.57 at the end of the previous year[18]. - Total liabilities increased to CNY 460,331,548.51, up from CNY 421,962,286.31, reflecting a growth of about 9.1%[123]. - Current liabilities totaled CNY 365,818,543.58, compared to CNY 336,984,954.11, indicating an increase of approximately 8.5%[123]. - The total owner's equity at the end of the reporting period is 980,474,748.27 RMB, showing a decrease of 35,042,863.76 RMB compared to the previous period[153]. Cash Flow - The cash flow from operating activities increased by 28.25% to RMB 59,125,582.28 compared to RMB 46,100,759.28 in the same period last year[18]. - The company reported a net increase in cash and cash equivalents of ¥28,097,924.25 for the first half of 2021, compared to a decrease of ¥22,545,152.88 in the same period of 2020[139]. - The total cash outflow from operating activities was CNY 284,345,270.89, compared to CNY 225,925,135.97 in the previous year, reflecting an increase of 25.8%[135]. - The company's cash and cash equivalents as of June 30, 2021, amounted to ¥86,245,246.11, an increase from ¥55,815,782.55 at the end of 2020, representing a growth of 54.5%[121]. Market Position and Operations - The company specializes in the manufacturing of automotive casting molds, hot stamping molds, aluminum alloy components, and automotive brake systems[26]. - The company has developed over 200 high-end casting and hot stamping mold products, showcasing strong R&D capabilities[40]. - The automotive lightweighting trend is driving demand for aluminum alloy components, with a projected 25% market share for new energy vehicles by 2025 in China[39]. - The company employs a "make-to-order" production model, ensuring customized products for clients[30]. - The company has established a "mold project management system" to enhance design efficiency and improve synchronization with client product development[40]. - The company has a strong market position in the specialized equipment manufacturing industry, particularly in mold manufacturing[25]. Risks and Challenges - The company faced increased costs due to rising prices of key raw materials such as aluminum ingots and mold steel, impacting profit margins[20]. - The company is exposed to raw material price volatility risks, particularly for mold steel and aluminum ingots, which could affect production costs and profitability[68]. - The company faces risks related to macroeconomic fluctuations and the cyclical nature of the automotive industry, which could impact sales and profitability[66]. - The company faces risks from exchange rate fluctuations, which could impact its export pricing competitiveness and operating performance if the RMB appreciates against the Euro and USD[71]. Corporate Governance and Compliance - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[78]. - The company is committed to fulfilling its promises regarding the accuracy of its IPO prospectus and will take responsibility for any misleading information[87]. - Major shareholders and actual controllers promise not to reduce their holdings during the lock-up period as per legal requirements[92]. - The company will publicly explain any failure to fulfill commitments in the prospectus and apologize to shareholders and the public[97]. Research and Development - Research and development expenses for the first half of 2021 were ¥16,255,086.84, an increase of 14.9% from ¥14,138,527.51 in the same period of 2020[129]. - The company emphasizes the importance of enhancing its design, research, and innovation capabilities to compete with leading international mold enterprises[69]. Acquisitions and Expansion - The company acquired Ningbo Helit Brake System Co., Ltd., which specializes in manufacturing automotive components, enhancing its business scope and profitability[53]. - The company acquired 100% equity of Helit Group's subsidiary for ¥87,950,000 to expand its business scope and enhance competitiveness[61]. - The company completed the construction of a project to produce 100 sets of large precision die-casting molds and 1.5 million aluminum alloy parts, which has started generating economic benefits[53].

2021 年第一季度报告 公司代码：603917 公司简称：合力科技 宁波合力模具科技股份有限公司 2021 年第一季度报告 1 / 19 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 2021 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | --- | --- | --- | --- | --- | | | | | 减(%) | | | 总资产 | 1,312,547,485.10 | 1,345,825,758.13 | | -2.47 | | 归属于上市公司 | 1,042,113,414.48 | 1,028,715,111.91 | | 1.30 | | 股东的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的 | 1,300,301.25 | 24,005,252.53 | | -94.58 | | 现金流量净额 ...

Financial Performance - In 2020, the company's operating revenue was RMB 604,074,582.73, a decrease of 1.13% compared to RMB 610,967,607.07 in 2019[21] - The net profit attributable to shareholders was RMB 73,915,137.16, down 2.62% from RMB 75,901,269.49 in the previous year[21] - The net profit after deducting non-recurring gains and losses was RMB 64,668,853.26, a decrease of 1.30% from RMB 65,522,048.50 in 2019[21] - The net cash flow from operating activities increased by 4.72% to RMB 108,549,560.94 from RMB 103,653,611.24 in 2019[21] - As of the end of 2020, the net assets attributable to shareholders were RMB 1,028,715,111.91, an increase of 5.95% from RMB 970,908,995.33 at the end of 2019[21] - The total assets at the end of 2020 were RMB 1,345,825,758.13, compared to RMB 1,237,815,140.12 at the end of 2019[22] - Basic earnings per share for 2020 were RMB 0.4714, down 2.62% from RMB 0.4841 in 2019[23] - The weighted average return on net assets was 7.40%, a decrease of 0.67 percentage points from 8.07% in 2019[23] Revenue and Profit Trends - Total revenue for the first quarter was ¥101,154,342.29, increasing to ¥207,776,789.76 in the fourth quarter, representing a growth of approximately 105.5%[25] - Net profit attributable to shareholders for the first quarter was ¥17,937,171.63, with a decline to ¥16,435,815.18 in the fourth quarter, indicating a decrease of about 8.4%[25] - The total amount of non-recurring gains for 2020 was ¥9,246,283.90, down from ¥10,379,220.99 in 2019, indicating a decline of about 10.9%[28] Business Operations and Strategy - The company’s main business includes the R&D, design, manufacturing, and sales of automotive casting molds and aluminum alloy parts, focusing on customized products[33] - The operating model is based on an "order-based production" approach, ensuring production aligns with sales demand[36] - The company has established stable procurement channels for raw materials, primarily sourcing domestically to ensure timely supply[38] - The company adopts a "self-production + outsourcing" model for manufacturing, focusing on core processes while outsourcing simpler tasks to improve efficiency[40] - The production of aluminum alloy components is based on self-developed molds, with production tasks assigned directly after contract signing[41] Market and Industry Insights - In 2020, the automotive industry faced a decline, with vehicle production and sales down by 2% and 1.9% respectively, but the situation improved as the year progressed[44] - The lightweight automotive components market is expected to grow significantly, with a projected 25% market share for new energy vehicles by 2025 in China[48] - The automotive lightweighting trend is driven by energy-saving policies, creating favorable conditions for the growth of aluminum and aluminum-magnesium alloy components[48] - The demand for aluminum alloy parts in the automotive sector is expected to grow significantly as the industry shifts towards lightweight materials[96] Research and Development - The company has developed over 200 high-end casting and hot stamping molds, showcasing strong R&D capabilities in the industry[49] - The total R&D expenditure for the year was approximately 20.87 million, accounting for 3.45% of total revenue[73] - The number of R&D personnel was 80, accounting for 11.46% of the total workforce[73] Shareholder Returns and Dividends - The company plans to distribute a cash dividend of RMB 2.0 per 10 shares, totaling RMB 31,360,000 (including tax) based on a total share capital of 156,800,000 shares[5] - The cash dividend distribution for 2020 is an increase of 81.82% compared to the previous year[131] - The company’s cash dividend payout ratio for 2020 is projected to be 42.43% of the net profit attributable to shareholders[131] - The profit distribution policy mandates a minimum cash dividend of 10% of the distributable profits if no major investment plans or cash expenditures arise[119] Risks and Challenges - The company faces risks related to macroeconomic fluctuations and the cyclical nature of the automotive industry, which can impact demand for its products[107] - The company has a high customer concentration risk, with a significant portion of revenue derived from its top ten clients[109] - The company is exposed to raw material price volatility, particularly for mold steel and aluminum ingots, which can affect production costs and profitability[110] - Exchange rate fluctuations pose risks to the company's operating performance, particularly affecting export pricing competitiveness and potential foreign exchange gains or losses[112] Compliance and Governance - The company has committed to ensuring fair pricing in related party transactions to protect the interests of the company and its shareholders[163] - The company has established measures to ensure the fulfillment of commitments related to diluted immediate returns[166] - The company has implemented new revenue recognition standards effective January 1, 2020, impacting various financial statement items[168] Financial Management - The company has a total of RMB 277 million in bank wealth management products, with no overdue amounts[176] - The company has invested RMB 15 million in a bank wealth management product with a 3.10% annualized return, which has been fully recovered[177] - The company has consistently achieved fundraising with interest rates ranging from 2.10% to 4.10% throughout 2020[179] Shareholder Structure and Changes - The total number of ordinary shares is 156,800,000, with 76,542,088 shares (48.82%) being restricted shares that became tradable on December 4, 2020[190] - The company has no controlling shareholder situation, indicating a more decentralized ownership structure[200] - The top ten shareholders hold a total of 100% of the shares, with the largest shareholder, Shi Liangcai, owning 22,872,987 shares (14.59%)[196]