Financial Performance - The company's operating revenue for the first half of 2023 was ¥179,776,348.76, a decrease of 19.6% compared to ¥223,472,788.62 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was -¥28,503,699.24, compared to -¥1,847,028.63 in the previous year, indicating a significant decline[20]. - The net cash flow from operating activities was -¥1,066,526.86, a decrease of 102.38% from ¥44,774,580.40 in the same period last year[20]. - Basic earnings per share for the first half of 2023 were -¥0.22, compared to -¥0.01 in the same period last year[21]. - The weighted average return on net assets was -2.79%, a decrease of 2.61 percentage points from -0.18% in the previous year[21]. - The decline in net profit and earnings per share was primarily due to a decrease in sales of supporting vehicle models, reduced orders from downstream customers, and rising costs and expenses[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,308,803,803.93, an increase of 4.07% from ¥1,257,567,581.05 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company decreased by 2.75% to ¥1,008,898,601.48 from ¥1,037,402,300.72 at the end of the previous year[20]. - The company's total liabilities reached CNY 299,905,202.45, up from CNY 220,165,280.33, reflecting a growth of approximately 36.1%[97]. - Current liabilities rose to CNY 289,665,047.18, compared to CNY 207,282,609.16 in the previous period, indicating an increase of about 39.7%[97]. Cash Flow - The company's net cash flow from operating activities for the first half of 2023 was -1,066,526.86 RMB, a significant decrease compared to 44,774,580.40 RMB in the same period of 2022[107]. - Total cash inflow from operating activities was 296,284,277.12 RMB, slightly down from 304,701,663.42 RMB year-over-year[107]. - Cash outflow from operating activities increased to 297,350,803.98 RMB from 259,927,083.02 RMB in the previous year[108]. - The net cash flow from investing activities was -17,875,250.55 RMB, an improvement from -65,733,848.18 RMB in the first half of 2022[108]. - The net cash flow from financing activities was -36,115,079.31 RMB, compared to a positive 4,776,470.60 RMB in the same period of 2022[108]. Research and Development - The company has developed advanced mold design and manufacturing technology, achieving multiple patents in core technologies[30]. - The company holds a total of 29 invention patents and 107 utility model patents, reflecting its commitment to R&D and innovation[36]. - Research and development expenses for the first half of 2023 were RMB 10,399,483.94, down from RMB 12,778,363.85 in the first half of 2022, a decrease of 18.6%[103]. Market Position and Strategy - The company is a key supplier to major domestic automakers such as SAIC Volkswagen and FAW Volkswagen, enhancing its market position[27]. - The company is actively expanding into the new energy vehicle and traditional parts markets, indicating growth potential in these sectors[28]. - The company has a strong customer resource advantage, with a client base that includes renowned multinational automotive parts suppliers[33]. Environmental Compliance - The company has maintained compliance with environmental regulations, with no major violations reported during the reporting period[62]. - Emissions of nitrogen oxides were measured at 22 mg/m³, below the standard limit of 50 mg/m³[63]. - The company has implemented carbon reduction measures, including phasing out old manufacturing equipment and using energy-efficient devices, promoting water recycling, and utilizing rooftop solar photovoltaic power generation[72]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 5,613[86]. - The company has not proposed any profit distribution or capital reserve increase for the half-year period[59]. - The company reported a profit distribution of -6,400,000 for the first half of 2023, reflecting a reduction in profit allocation to shareholders[116]. Corporate Governance - The company has not reported any significant lawsuits or arbitration matters during the reporting period[79]. - There are no major guarantees or violations reported during the reporting period[79]. - The company has not disclosed any significant changes in the integrity status of the company and its controlling shareholders during the reporting period[81]. Accounting Policies - The company’s accounting policies comply with the enterprise accounting standards, ensuring accurate financial reporting[148]. - The company recognizes foreign currency transactions at the exchange rate on the transaction date, with monetary items translated at the exchange rate on the balance sheet date[157]. - The company assesses impairment of financial assets based on expected credit losses, including receivables and debt instruments measured at fair value[161].

证券代码：603922 证券简称：金鸿顺 公告编号：2023-059 苏州金鸿顺汽车部件股份有限公司 关于拟投资设立全资孙公司的公告 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： 1、孙公司成立后受宏观经济、行业环境、市场竞争、经营管理等因素的影 响，未来经营状况和收益存在不确定性的风险。公司将通过建立完善的内部风险 控制体系、业务运营管理、财务管理和有效的绩效考核体系，保证孙公司稳定健 康的发展。 2、本次对外投资短期内不会对公司经营业绩构成实质的影响，预计对公司 2023年度经营业绩也不会构成重大影响。 一、 对外投资概述 公司全资子公司世达运兴拟以自有资金出资人民币 3000 万元投资设立浙江 舟山元庆通能源科技有限公司（暂定名，最终名字以工商登记为准），世达运兴 100%控股标的公司。 2023 年 8 月 29 日，公司召开第三届董事会第九次会议，审议通过了《关于 投资设立全资孙公司浙江舟山元庆通能源科技有限公司的议案》。董事会同意公 司以自有资金人民币 3,000 万元投资设立全资孙公司。本 ...

证券代码：603922 证券简称：金鸿顺 公告编号：2023-056 经与会董事表决，审议通过了以下议案： 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、会议的召开 苏州金鸿顺汽车部件股份有限公司（以下简称"公司"）第三届董事会第九次 会议通知及会议资料于 2023 年 8 月 23 日发出，本次会议于 2023 年 8 月 29 日在 公司会议室召开，会议以现场会议结合通讯表决方式召开, 由董事长刘栩主持。 公司董事会共有董事 7 名,公司监事及高级管理人员列席了会议。会议的召集和 召开符合《公司法》及公司章程的规定。 1. 审议通过《苏州金鸿顺汽车部件股份有限公司关于 2023 年半年度报告及摘 要的议案》，表决结果为：7 票赞成；0 票反对；0 票弃权。 具体内容详见同日披露于上海证券交易所网站（www.sse.com.cn）上的相关 公告。 2. 审议通过《苏州金鸿顺汽车部件股份有限公司关于投资设立全资孙公司浙江 舟山元庆通能源科技有限公司的议案》，表决结果为：7 票赞成；0 票反对； 0 票弃权。 苏州金 ...

证券代码：603922 证券简称：金鸿顺 公告编号：2023-057 苏州金鸿顺汽车部件股份有限公司 第三届监事会第九次会议决议公告 本公司监事会及全体监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、会议的召开 苏州金鸿顺汽车部件股份有限公司（以下简称"公司"）第三届监事会第九次 会议通知及会议资料于 2023 年 8 月 23 日发出，本次会议于 2023 年 8 月 29 日在 公司会议室召开，会议以现场会议结合通讯表决方式召开, 由监事会主席李若诚 主持。公司监事会共有监事 3 名,实际参加表决的监事共 3 名。会议的召集和召 开符合《公司法》及公司章程的规定。 二、会议审议的情况 经与会监事表决，审议通过了以下议案： 1. 审议通过《苏州金鸿顺汽车部件股份有限公司关于 2023 年半年度报告及摘 要的议案》，表决结果为：3 票赞成；0 票反对；0 票弃权。 具体内容详见同日披露于上海证券交易所网站（www.sse.com.cn）上的相关 公告。 2. 审议通过《苏州金鸿顺汽车部件股份有限公司关于投资设立全资孙公司浙江 舟山元庆 ...

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： http://roadshow.sseinfo.com/） 证券代码：603922 证券简称：金鸿顺 公告编号：2023-033 苏州金鸿顺汽车部件股份有限公司 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 05 月 25 日(星期四) 至 05 月 31 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 gl3602@jinhs.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。 苏州金鸿顺汽车部件股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 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 06 月 01 日 上午 09:00-10:00 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 会议召开时间：20 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥80,576,932.94, a decrease of 29.04% compared to the same period last year[4]. - Total revenue for Q1 2023 was ¥80,576,932.94, a decrease of 29.05% compared to ¥113,550,986.65 in Q1 2022[17]. - Net profit for Q1 2023 was a loss of ¥13,130,675.77, compared to a profit of ¥10,109,298.89 in Q1 2022, representing a significant decline[19]. - The net profit attributable to shareholders was -¥13,130,675.77, representing a decline of 229.89% year-over-year[4]. - Basic and diluted earnings per share for Q1 2023 were both -¥0.10, compared to ¥0.08 in Q1 2022[19]. - Operating cash flow for Q1 2023 was negative at -¥7,814,341.87, compared to a positive cash flow of ¥52,112,203.75 in Q1 2022[22]. - Total operating costs for Q1 2023 were ¥93,427,539.12, down 13.93% from ¥108,516,866.25 in Q1 2022[18]. Cash Flow and Assets - The net cash flow from operating activities was -¥7,814,341.87, down 115.00% compared to the previous year[7]. - Cash and cash equivalents decreased by ¥9,408,873.94 in Q1 2023, contrasting with an increase of ¥37,771,171.49 in Q1 2022[22]. - Cash and cash equivalents stood at RMB 514,047,875.46, slightly down from RMB 525,003,668.26, indicating a decrease of approximately 2.3%[13]. - Total assets at the end of the reporting period were ¥1,224,186,134.96, a decrease of 2.65% from the end of the previous year[5]. - As of March 31, 2023, the company's total assets amounted to RMB 1,224,186,134.96, a decrease from RMB 1,257,567,581.05 at the end of 2022, reflecting a decline of approximately 2.65%[14]. Expenses and Liabilities - The company's R&D expenses decreased by 41.46%, primarily due to a slowdown in project development[6]. - Research and development expenses for Q1 2023 were ¥4,635,015.39, down 41.00% from ¥7,917,085.08 in Q1 2022[18]. - The company experienced a 188.28% increase in management expenses, attributed to higher salaries and intermediary fees[6]. - The company's total liabilities decreased from RMB 220,165,280.33 to RMB 199,914,510.01, representing a reduction of about 9.17%[15]. - The company reported a total current liabilities of RMB 187,984,398.33, down from RMB 207,282,609.16, indicating a decrease of approximately 9.3%[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,732[9]. - The company's equity attributable to shareholders decreased from RMB 1,037,402,300.72 to RMB 1,024,271,624.95, a decline of about 1.3%[15]. Other Notable Points - The company had no investment income during the period, marking a 100% decrease compared to the previous year[7]. - The company has no short-term borrowings or long-term borrowings as of the reporting date[15]. - The company has not reported any new product developments or market expansions in the current quarter[11]. - Sales revenue from goods and services received in Q1 2023 was ¥124,763,516.60, a decrease of 32.49% from ¥185,097,152.24 in Q1 2022[21]. - Total cash inflow from investment activities in Q1 2023 was ¥1,839,186.75, significantly lower than ¥134,072,002.46 in Q1 2022[22]. - Total cash inflow from financing activities in Q1 2023 was ¥17,965,658.43, slightly higher than ¥17,235,727.22 in Q1 2022[22].

Financial Performance - The company's operating revenue for 2022 was CNY 516,302,717.92, representing a slight increase of 0.23% compared to CNY 515,115,138.29 in 2021[19]. - The net profit attributable to shareholders of the listed company for 2022 was a loss of CNY 11,927,616.35, a decrease of 162.30% from a profit of CNY 19,145,090.38 in 2021[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 29,508,966.36, worsening by 58.48% compared to a loss of CNY 18,620,287.58 in 2021[20]. - Basic earnings per share decreased by 160.00% to -0.09 CNY compared to 0.15 CNY in the previous year[21]. - Net profit declined by 162.30% year-on-year, primarily due to a decrease in gross margin and reduced gains from the disposal of non-current assets[21]. - The main business revenue decreased by 0.03% to CNY 471.93 million, with the main business cost increasing by 2.83% to CNY 454.63 million[42]. - The gross margin for the automotive parts manufacturing industry was 3.66%, a decrease of 2.68 percentage points compared to the previous year[44]. Cash Flow and Assets - The cash flow from operating activities for 2022 was CNY 127,769,284.97, an increase of 1.80% from CNY 125,511,622.14 in 2021[20]. - Total assets at the end of 2022 were CNY 1,257,567,581.05, a slight increase of 0.04% from CNY 1,257,120,653.52 at the end of 2021[20]. - The net assets attributable to shareholders of the listed company decreased by 1.74% to CNY 1,037,402,300.72 at the end of 2022 from CNY 1,055,729,917.07 at the end of 2021[20]. - The company reported accounts receivable of 165.09 million yuan at the end of 2022, with 86.92% of it due within one year, indicating a stable accounts receivable turnover rate[77]. - The accounts receivable balance as of December 31, 2022, was 165,085,800 CNY, with a provision for bad debts amounting to 18,754,400 CNY, resulting in a net receivable of 146,314,400 CNY[191]. Production and Sales - In 2022, the company produced and sold 27.02 million and 26.86 million vehicles, representing year-on-year growth of 3.4% and 2.1%, respectively[29]. - The company produced 4,047.94 thousand automotive parts, with a sales volume of 4,192.16 thousand, reflecting a year-on-year increase of 5.61% in sales volume[46]. - The automotive industry saw a production and sales volume of 27.02 million and 26.86 million vehicles in 2022, representing year-on-year growth of 3.4% and 2.1% respectively[34]. - New energy vehicles experienced explosive growth, with production and sales reaching 7.058 million and 6.887 million units, marking year-on-year increases of 96.9% and 93.4%[34]. Research and Development - The company launched 4 new invention patents and 11 utility model patents in 2022, bringing the total to 29 invention patents and 101 utility model patents[34]. - The company is focusing on technological research and development to strengthen its technical capabilities and meet customer demands[73]. - The company’s research and development expenses increased by 6.11% to CNY 26.15 million[41]. - Total R&D expenditure amounted to ¥26,146,390.58, representing 5.06% of total revenue[51]. - The number of R&D personnel is 85, accounting for 16.67% of the total workforce[52]. Strategic Initiatives - The company established a new energy division and a lightweight subsidiary to stabilize and expand existing customer relationships and business in new energy vehicle components[29]. - The company is focusing on strategic investments and industry acquisitions to promote business expansion and achieve transformation and upgrading of its main business[29]. - The company aims to enhance its market presence by expanding into the East China, Central China, Southwest, and South China automotive clusters, particularly in the new energy vehicle market[72]. - The company plans to invest in mergers and acquisitions to expand its business scale and asset size, transitioning from traditional automotive materials to lightweight materials[72]. Governance and Compliance - The company has established a complete and independent governance structure, complying with the Company Law and relevant regulations[85]. - The company has an independent human resources department, ensuring that senior management does not hold positions or receive salaries from the controlling shareholder or its other enterprises[87]. - The financial management system is independent and complies with the Enterprise Accounting Standards, with no shared bank accounts with the controlling shareholder[87]. - The company has a structured approach to performance evaluation for its supervisory board members, which influences their remuneration[100]. - The company is focused on maintaining compliance with the Securities Law and the Stock Listing Rules to avoid future penalties[103]. Environmental Responsibility - The company has complied with environmental regulations and has not faced any major environmental violations or penalties during the reporting period[135]. - The company has achieved significant reductions in pollutant emissions, with nitrogen oxides measured at 13 mg/m3, well below the standard limit of 300 mg/m3[136]. - The company has implemented measures to reduce carbon emissions, including replacing old manufacturing equipment with energy-efficient devices and promoting the use of rooftop solar photovoltaic power[144]. - The company has developed an emergency response plan for environmental incidents, which has been filed with relevant authorities[142]. Shareholder Relations - The company plans to distribute at least 20% of the distributable profits as cash dividends if the net profit for the year is positive and the accumulated undistributed profits are positive[121]. - The company has established a three-year shareholder dividend return plan cycle, which will be adjusted based on external and internal business conditions[127]. - The company has committed to maintaining the voluntary lock-up of shares acquired by the actual controller for a period of thirty-six months[150]. - The company reported a total of 7,141 ordinary shareholders as of the end of the reporting period, an increase from 6,732 at the end of the previous month[169]. Risks and Challenges - The company faced significant pressures from supply shocks, demand contraction, and weakened expectations in the automotive industry[29]. - The company recognizes the risk of declining automotive production and sales due to macroeconomic factors, which could impact future performance[76]. - The company faces risks from fluctuations in raw material prices, which significantly impact gross margins and overall performance[76].

Financial Performance - The company's revenue for Q3 2022 was ¥136,342,556.66, representing a year-over-year increase of 23.69%[5] - The net profit attributable to shareholders for Q3 2022 was -¥2,911,076.51, a decline of 66.57% compared to the same period last year[5] - The net profit attributable to shareholders for the year-to-date period was -¥4,758,105.14, a decline of 68.51% year-over-year[5] - Total operating revenue for the first three quarters of 2022 was CNY 359,815,345.28, an increase from CNY 351,816,815.41 in the same period of 2021, representing a growth of approximately 2.8%[19] - The net profit for the first three quarters of 2022 was a loss of CNY 4,758,105.14, an improvement from a loss of CNY 15,110,113.76 in the same period of 2021, reflecting a reduction in losses by approximately 68.5%[20] Earnings and Shareholder Information - The basic and diluted earnings per share for Q3 2022 were both -¥0.02, reflecting a 71.43% increase in loss compared to -¥0.04 in the same period last year[6] - The company's basic earnings per share for the third quarter of 2022 was CNY -0.04, an improvement from CNY -0.12 in the same quarter of 2021[20] - The company reported a total of 5,437 common shareholders at the end of the reporting period[10] - The largest shareholder, Hainan Zhongde Technology Co., Ltd., held 29.99% of the shares, totaling 38,387,200 shares[11] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,222,003,023.51, a decrease of 2.79% from the previous year-end[6] - As of September 30, 2022, the total assets of the company amounted to RMB 1,222,003,023.51, a decrease from RMB 1,257,120,653.52 at the end of 2021[15] - The company's current assets totaled RMB 921,214,224.32, slightly down from RMB 924,305,192.83 in the previous year[16] - The total liabilities as of the end of the third quarter of 2022 were CNY 177,431,211.58, down from CNY 201,390,736.45 at the end of the previous year, a decrease of approximately 11.9%[18] - The total equity attributable to shareholders was CNY 1,044,571,811.93, slightly down from CNY 1,055,729,917.07 in the previous year, indicating a decrease of about 1.1%[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥71,467,661.94, showing a decrease of 12.24% compared to the previous year[5] - In the first three quarters of 2022, the company generated cash inflows from operating activities amounting to ¥442,424,517.96, an increase from ¥417,347,854.38 in the same period of 2021, representing a growth of approximately 6.5%[21] - The net cash flow from operating activities for the first three quarters of 2022 was ¥71,467,661.94, down from ¥81,437,564.48 in the previous year, indicating a decline of about 12.3%[21] - Cash inflows from investment activities totaled ¥277,594,517.31, compared to ¥167,611,408.76 in the prior year, reflecting a significant increase of approximately 65.5%[22] - The net cash flow from financing activities improved to ¥3,052,649.91, compared to a negative cash flow of -¥30,438,428.42 in the same period of 2021[22] Operational Costs and Expenses - Total operating costs for the first three quarters of 2022 were CNY 360,178,656.27, compared to CNY 354,336,890.75 in 2021, indicating an increase of about 1.2%[19] - Research and development expenses for the first three quarters of 2022 amounted to CNY 20,935,990.48, up from CNY 18,862,083.20 in 2021, marking an increase of about 11%[19] - The company reported a total of CNY 12,900.00 in non-operating income for the third quarter of 2022, compared to CNY 58,583.00 in the same quarter of 2021, showing a decline of approximately 78%[20] - The company’s financial expenses for the first three quarters of 2022 were CNY -3,115,405.44, compared to CNY -553,507.44 in 2021, indicating a significant improvement in financial costs[19] Shareholder Changes and Market Activity - The company reported a significant change in its controlling shareholder, with Hainan Zhongde Technology Co., Ltd. becoming the new controlling entity as of September 30, 2022[14] - The company has a total of 7,667,200 shares held by Shanghai Top Brand Asset Management Co., Ltd. under the Top Brand Xingfeng No. 7 Private Securities Investment Fund[13] - The top ten unrestricted shareholders collectively hold a significant portion of the company's shares, with the largest shareholder holding 24,702,555 shares[12] - The company has not reported any new product developments or technological advancements in the current quarter[14] - There are no indications of market expansion or mergers and acquisitions in the recent report[14]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥223,472,788.62, a decrease of 7.50% compared to ¥241,589,024.77 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was -¥1,847,028.63, an improvement of 71.15% from -¥6,403,214.54 in the previous year[17]. - The net cash flow from operating activities was ¥44,774,580.40, down 13.65% from ¥51,850,236.27 in the same period last year[17]. - The total assets at the end of the reporting period were ¥1,228,348,530.01, a decrease of 2.29% from ¥1,257,120,653.52 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company were ¥1,047,482,888.44, a slight decrease of 0.78% from ¥1,055,729,917.07 at the end of the previous year[17]. - The basic earnings per share for the reporting period was -¥0.01, an increase of 80.00% compared to -¥0.05 in the same period last year[18]. - The weighted average return on net assets was -0.18%, a decrease of 0.8 percentage points from 0.62% in the previous year[19]. - The total comprehensive income for the first half of 2022 was CNY -1,847,028.63, compared to CNY -6,403,214.54 in the same period of 2021, indicating a significant reduction in losses[107]. Cash Flow and Investments - The company's investment activities generated a net cash flow of -CNY 65,733,848.18, a significant decrease compared to CNY 1,476,183.91 in the previous year[36]. - The cash inflow from investment activities rose significantly to ¥277,594,517.31 in the first half of 2022, compared to ¥111,614,727.78 in the same period of 2021, marking an increase of approximately 148.5%[113]. - The net cash flow from investment activities turned negative at -¥65,733,848.18 in the first half of 2022, compared to a positive cash flow of ¥1,476,183.91 in the first half of 2021[113]. - The total cash and cash equivalents at the end of the first half of 2022 stood at ¥317,883,357.02, compared to ¥201,653,787.25 at the end of the first half of 2021, indicating an increase of approximately 57.7%[113]. Research and Development - The company has developed 33 projects as of June 2022, with 5 new R&D projects undertaken in the first half of the year[30]. - The company focuses on advanced mold design and manufacturing technology, achieving multiple patents in core technologies[26]. - The company has obtained a total of 27 invention patents and 101 utility model patents, with 2 new invention patents and 11 utility model patents added in the first half of 2022[31]. Market and Industry Trends - In the first half of 2022, the national automobile production and sales reached 12.117 million and 12.057 million units, representing a year-on-year decline of 3.7% and 6.6% respectively[24]. - New energy vehicle production and sales reached 2.661 million and 2.600 million units, showing a year-on-year growth of 120%[24]. - The automotive parts industry is expected to maintain a long-term positive trend despite recent market fluctuations[25]. Environmental Compliance - The company has been listed as a key pollutant discharge unit, but has not faced any major environmental violations or penalties during the reporting period[54]. - The company’s waste gas emissions were well below the regulatory standards, with nitrogen oxides measured at 39 mg/m3 against a limit of 300 mg/m3[55]. - The company has established wastewater pre-treatment facilities, ensuring that both production and domestic wastewater are treated and discharged into the municipal sewage system[58]. - The company has developed an emergency response plan for environmental incidents, which has been filed with relevant authorities[61]. Shareholder and Governance Matters - The company has committed to a stable dividend policy, ensuring cash dividends in years with positive net profit and retained earnings[72]. - The actual controllers of the company have pledged not to transfer more than 25% of their shares during their tenure as directors and senior management, with a six-month restriction post-departure[69]. - The company has established a long-term commitment to investor returns through consistent and stable profit distribution policies[72]. - The company has improved its corporate governance structure and internal control measures in accordance with the requirements for listed companies[33]. Financial Position and Assets - The company's total liabilities decreased from CNY 201,390,736.45 to CNY 180,865,641.57, a reduction of about 10.5%[100]. - The company's cash and cash equivalents decreased from CNY 370,936,384.22 to CNY 343,491,069.22, a decline of approximately 7.3%[99]. - The total equity at the end of the reporting period was 1,047,482,888.44, reflecting a slight decrease from the previous year's total of 1,039,144,826.69[122]. Accounting Policies and Financial Reporting - The company's financial statements comply with the requirements of the enterprise accounting standards, reflecting its financial position and operating results accurately[152]. - The company recognizes joint operations by confirming individually held assets and liabilities, as well as shared assets and liabilities based on its share[165]. - The company assesses expected credit losses based on the risk of default, with different stages determining the measurement of loss provisions[179].

Financial Performance - The company's operating revenue for 2021 was CNY 515,115,138.29, representing a 9.69% increase compared to CNY 469,621,448.28 in 2020[24]. - The net profit attributable to shareholders of the listed company reached CNY 19,145,090.38, a significant increase of 152.75% from CNY 7,574,619.53 in the previous year[24]. - The net profit after deducting non-recurring gains and losses was CNY -18,620,287.58, an improvement of 35.35% compared to CNY -28,800,697.86 in 2020[24]. - The cash flow from operating activities was CNY 125,511,622.14, which is an 18.28% increase from CNY 106,117,442.38 in 2020[24]. - The company's basic earnings per share increased by 150% to CNY 0.15 in 2021 compared to CNY 0.06 in 2020[25]. - Net profit rose by 152.75% year-on-year, primarily due to increased revenue and a decrease in expense ratio[25]. - The company achieved a weighted average return on equity of 1.83%, an increase of 1.1 percentage points from 0.73% in 2020[25]. - The company achieved a net profit attributable to shareholders of 19.15 million yuan, an increase of 152.75% year-on-year, with a total profit of 24.51 million yuan, up 258.53% year-on-year[48]. - Main business revenue reached 515.12 million yuan, a year-on-year increase of 9.69%, while main business costs were 444.04 million yuan, up 8.59% year-on-year[48]. Assets and Liabilities - As of the end of 2021, the total assets amounted to CNY 1,257,120,653.52, reflecting a 3.32% increase from CNY 1,216,695,457.36 at the end of 2020[24]. - The net assets attributable to shareholders of the listed company were CNY 1,055,729,917.07, a slight increase of 1.60% from CNY 1,039,144,826.69 at the end of 2020[24]. - Total liabilities were CNY 201,390,736.45, compared to CNY 177,550,630.67 in 2020, marking an increase of around 13.4%[194]. - The company's equity remained stable at CNY 128,000,000.00, unchanged from the previous year[194]. - The company's total liabilities were ¥185,380,939.52 in 2021, slightly up from ¥179,510,877.62 in 2020, reflecting a growth of 3.9%[198]. Cash Flow - The net cash flow from operating activities was 125.51 million yuan, an increase of 18.28% year-on-year, while the net cash flow from investment activities surged by 137.47% to 82.97 million yuan[48]. - Cash and cash equivalents at the end of the period amounted to ¥370,936,384.22, representing 29.51% of total assets, up from 16.07% in the previous period[65]. - Cash and cash equivalents increased significantly to ¥364,305,725.31 in 2021 from ¥193,894,518.20 in 2020, showing a growth of 88%[197]. Research and Development - In 2021, the company successfully launched 16 projects into mass production and undertook 11 new R&D projects[35]. - Research and development investments are being sustained to maintain industry leadership[35]. - Research and development expenses amounted to 24.64 million yuan, representing a 16.59% increase compared to the previous year, accounting for 4.78% of total revenue[58]. - The number of R&D personnel is 91, accounting for 11.53% of the total workforce[59]. Market and Industry Trends - The automotive industry in China produced and sold 26.27 million vehicles in 2021, with a year-on-year growth of 3.8%, while the new energy vehicle market saw production and sales of 3.54 million units, a year-on-year increase of 160%[39]. - The market for new energy vehicles grew significantly, with production and sales increasing by 160% year-on-year, capturing a market share of 13.4%[68]. - The automotive parts industry in China is expected to continue its long-term growth trend, supported by favorable innovation environments and government policies[41]. Corporate Governance - The company has adhered to the regulations of the Shanghai Stock Exchange regarding investor relations and information disclosure, ensuring timely and accurate communication with shareholders[91]. - The company has established a complete governance structure, with the shareholders' meeting, board of directors, and supervisory board fulfilling their respective responsibilities independently[93]. - The board of directors must submit the profit distribution plan to the shareholders' meeting for approval after passing a majority vote[124]. - The company has established a robust internal control system to manage insider information and ensure confidentiality[91]. Environmental Compliance - The company has established an environmental management system in accordance with ISO 14001:2015 standards[141]. - The measured concentration of nitrogen oxides was 22 mg/m³, well below the emission standard of 300 mg/m³[133]. - The measured concentration of sulfur dioxide was not detected, with a standard limit of 50 mg/m³[133]. - The measured concentration of particulate matter was 3.7 mg/m³, compared to the emission standard of 30 mg/m³[133]. - The pH value of wastewater was 7.26, within the emission standard range of 6 to 9[134]. - The chemical oxygen demand (COD) of wastewater was 23.56 mg/L, well below the standard limit of 500 mg/L[134]. - The ammonia nitrogen level in wastewater was 0.5 mg/L, significantly lower than the standard of 25 mg/L[134]. Future Outlook - The company plans to continue expanding its market presence and improving operational efficiency amid challenges such as chip shortages and high raw material prices[68]. - In 2022, the company aims to enhance R&D and manufacturing capabilities, focusing on expanding market share in automotive body parts, chassis components, and mold design, while actively exploring the new energy vehicle market[81]. - The company plans to leverage capital market advantages for sustainable development and cautious external investments[83]. - The company will accelerate talent acquisition and training to support strategic development, focusing on high-quality management and technical personnel[82].