上海克来机电自动化工程股份有限公司独立董事 关于第四届董事会第九次会议相关议案的独立意见 上海克来机电自动化工程股份有限公司（以下简称"公司"）第四届董事会第 九次会议于 2023 年 8 月 29 日召开。根据《上市公司独立董事规则》、《上海证券 交易所股票上市规则（2022 年修订）》、《上海证券交易所上市公司自律监管指引 第 1 号——规范运作》、《公司章程》等有关规定，作为公司的独立董事，对公司 第四届董事会第九次会议有关审议事项发表如下独立意见： 一、经认真审议《关于公司募集资金存放与实际使用情况的专项报告的议案》， 我们认为： （本页无正文，为《上海克来机电自动化工程股份有限公司独立董 事关于公司第四届董事会第九次会议有关事项的独立意见》之签字 页） 独立董事签字： 公司 2023 年半年度募集资金存放与使用情况符合《上海证券交易所股票上 市规则（2022 年修订）》、《上市公司监管指引第 2 号——上市公司募集资金管理 和使用的监管要求》、《上海证券交易所上市公司自律监管指引第 1 号——规范运 作》等相关法律法规的规定，对募集资金进行专户存储和专户使用，不存在变相 改变募集资金用途和损害股东利 ...

证券代码：603960 证券简称：克来机电 公告编号：2023-034 上海克来机电自动化工程股份有限公司 关于公司募集资金存放与实际使用情况的专项报告 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、募集资金基本情况 （一）实际募集资金金额、资金到账时间 经中国证券监督管理委员会出具的《关于核准上海克来机电自动化工程股份 有限公司公开发行可转换公司债券的批复》(证监许可[2019]2316 号)核准, 同 意公司向社会公开发行面值总额 18,000.00 万元可转换公司债券，期限 6 年。上 海克来机电自动化工程股份有限公司（以下简称"公司"）于 2019 年 12 月 2 日 公开发行了 180 万张可转换公司债券，每张面值 100 元，发行总额 18,000.00 万 元。发行方式采用向公司原股东优先配售，原股东优先配售后余额部分（含原股 东放弃优先配售部分）采用网上通过上海证券交易所交易系统向社会公众投资者 发售的方式进行，认购金额不足 18,000.00 万元的部分（含中签投资者放弃缴款 认购部分）由保荐机构（主 ...

（一）审议并一致通过《关于公司 2023 年半年度报告的议案》 监事会主席张海洪先生向与会者阐述了该议案的主要内容，与会者进行了讨 论，经全体监事认真审议，一致同意通过该议案。 具体内容详见公司于同日披露于上海证券交易所网站（www.sse.com.cn）及 指定媒体的《上海克来机电自动化工程股份有限公司 2023 年半年度报告》（公告 号：2023-033）。 证券代码：603960 证券简称：克来机电 公告编号：2023-032 上海克来机电自动化工程股份有限公司 第四届监事会第八次会议决议公告 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法律责任。 一、 监事会会议召开情况 上海克来机电自动化工程股份有限公司（以下简称"公司"）第四届监事会 第八次会议于 2023 年 8 月 17 日以电邮方式，向全体监事发出"公司关于召开第 四届监事会第八次会议的通知"，并将有关会议材料通过电邮的方式送达。会议 于 2023 年 8 月 29 日在公司会议室以现场的方式召开，应到监事 3 人，实到监事 3 人，会议由公司监事会主席张海洪主持。 ...

一、 董事会会议召开情况 上海克来机电自动化工程股份有限公司（以下简称"公司"）第四届董事会 第九次会议于 2023 年 8 月 17 日以电邮方式，向全体董事、监事和高级管理人员 发出"公司关于召开第四届董事会第九次会议的通知"，并将有关会议材料通过 电邮的方式送达。公司第四届董事会第九次会议于 2023 年 8 月 29 日在公司以现 场及通讯相结合的方式召开。会议应到董事 7 人，实到董事 7 人，公司监事和高 级管理人员列席了会议。本次出席会议人数超过董事总数的二分之一，表决有效。 会议由董事长谈士力先生主持，本次董事会会议的召开符合《中华人民共和国公 司法》和《公司章程》的有关规定。 二、 董事会会议审议情况 证券代码：603960 证券简称：克来机电 公告编号：2023-031 上海克来机电自动化工程股份有限公司 第四届董事会第九次会议决议公告 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法律责任。 具体内容详见公司于同日披露于上海证券交易所网站（www.sse.com.cn）及 指定媒体的《上海克来机电自动化工程股份有限 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥117,066,506.29, representing a year-on-year increase of 19.97%[5] - The net profit attributable to shareholders for the same period was ¥12,960,762.85, showing a significant increase of 4,435.04% compared to the previous year[5] - The basic earnings per share (EPS) was ¥0.0497, reflecting an increase of 4,418.18% year-on-year[5] - The diluted earnings per share (EPS) was ¥0.0492, also indicating a year-on-year increase of 4,372.73%[5] - Net profit for Q1 2023 was ¥12,960,762.85, a significant increase from ¥296,542.78 in Q1 2022, reflecting a growth of 4,272.73%[17] - The net profit attributable to shareholders of the parent company for Q1 2023 was ¥12,960,762.85, a significant increase from ¥285,791.40 in Q1 2022[18] Cash Flow - The net cash flow from operating activities was ¥72,446,269.27, with no applicable year-on-year comparison[5] - Cash inflow from operating activities for Q1 2023 was ¥215,584,891.61, up from ¥190,320,086.92 in Q1 2022[21] - The net cash flow from operating activities for Q1 2023 was ¥72,446,269.27, a recovery from a net outflow of ¥11,574,886.32 in Q1 2022[21] - The company reported cash outflows from investing activities of ¥4,553,212.29 in Q1 2023, compared to ¥1,993,589.91 in Q1 2022[21] - The net cash flow from financing activities for Q1 2023 was -¥127,500.00, an improvement from -¥303,750.00 in Q1 2022[22] - The company received cash from sales of goods and services amounting to ¥209,933,672.38 in Q1 2023, compared to ¥186,220,195.70 in Q1 2022[20] - The company reported a cash inflow of ¥3,353,460.75 from other operating activities in Q1 2023, down from ¥4,099,891.22 in Q1 2022[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,270,886,477.72, a decrease of 1.42% from the end of the previous year[6] - Total assets as of March 31, 2023, were ¥1,270,886,477.72, down from ¥1,289,228,024.84 at the end of 2022, a decrease of 1.43%[15] - Total liabilities decreased to ¥255,134,722.64 from ¥288,238,395.64, a reduction of 11.46%[15] Shareholder Equity - The equity attributable to shareholders increased to ¥1,015,751,755.08, marking a growth of 1.47% compared to the previous year[6] - The company's equity attributable to shareholders increased to ¥1,015,751,755.08 from ¥1,000,989,629.20, reflecting a growth of 1.47%[15] Operational Costs - Total operating costs for Q1 2023 were ¥109,761,122.60, up from ¥101,856,534.60 in Q1 2022, representing an increase of 7.87%[17] - Research and development expenses for Q1 2023 were ¥7,915,790.19, a decrease of 13.4% compared to ¥9,130,452.48 in Q1 2022[17] Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,610[10] Other Financial Metrics - The weighted average return on equity (ROE) was 1.29%, an increase of 1.26 percentage points[6] - The company reported non-recurring gains and losses totaling ¥1,339,403.14 for the period[7] - The company's cash and cash equivalents increased to ¥313,062,444.09 as of March 31, 2023, compared to ¥245,002,489.88 at the end of 2022, marking a growth of 27.8%[13] - Accounts receivable decreased to ¥124,786,252.18 from ¥225,585,351.18, a reduction of 44.66%[13] - Inventory increased to ¥242,662,374.18 from ¥220,121,301.51, showing a growth of 10.24%[13] - Cash and cash equivalents at the end of Q1 2023 totaled ¥311,154,444.09, slightly down from ¥316,215,291.50 at the end of Q1 2022[22] - The company paid ¥17,390,418.98 in taxes during Q1 2023, significantly higher than ¥5,023,073.50 in Q1 2022[21]

Financial Performance - The company reported a total distributable profit of RMB 286,404,845.58 as of December 31, 2022, with a proposed cash dividend of RMB 0.74 per share, amounting to a total of RMB 19,498,900 (including tax), which represents 30.27% of the net profit attributable to shareholders[6]. - The company's operating revenue for 2022 was CNY 677,275,697.65, representing a 20.74% increase compared to CNY 560,917,686.05 in 2021[25]. - The net profit attributable to shareholders for 2022 was CNY 64,422,436.84, up 29.32% from CNY 49,818,028.93 in 2021[25]. - The basic earnings per share for 2022 increased by 31.58% to CNY 0.25, compared to CNY 0.19 in 2021[26]. - The total profit for the year was 7,182.96 million RMB, marking a 33.65% increase year-over-year[77]. - The net profit attributable to shareholders was 6,442.24 million RMB, which is a 29.32% increase from the previous year[77]. - The company's operating costs increased to 51,483.50 million RMB, reflecting a rise of 22.75% year-over-year, primarily due to increased revenue[81]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 49,957,905.33 for 2022, reflecting a 12.53% increase from CNY 44,394,246.07 in 2021[25]. Market and Industry Trends - The global electric vehicle sales accounted for 10% in 2022, with China accounting for 40% of global sales, indicating a significant market opportunity for the company in the new energy vehicle electronics sector[36]. - The automotive market in China produced and sold 27.02 million and 26.86 million vehicles in 2022, representing year-on-year growth of 3.4% and 2.1% respectively[54]. - New energy vehicles (NEVs) achieved production and sales of 7.058 million and 6.887 million units in 2022, with year-on-year growth of 96.9% and 93.4%, capturing a market share of 25.6%, an increase of 12.1 percentage points from the previous year[54]. - The automotive electronics industry continues to grow, driven by the development of new energy vehicles and advancements in autonomous driving technology[105]. - The intelligent manufacturing sector is a key focus of national strategies, with significant investments aimed at enhancing core competitiveness and technological upgrades in the automotive industry[53]. Research and Development - The company continues to invest in R&D for flexible and intelligent assembly technologies in the new energy vehicle electronics field, aiming to enhance its overall competitiveness[35]. - The company has received 29 new patents during the reporting period, reflecting its commitment to innovation and technology development[50]. - The company is focusing on the development of new technologies, including R744 heat pump systems for electric vehicles, to maintain industry leadership[75]. - The company is actively researching high-pressure, high-flow hydraulic fluid testing technologies, creating comprehensive testing solutions for various automotive components[44]. - The company is focusing on research and development in advanced driver-assistance systems (ADAS) and other high-tech automotive electronics, aiming to lead innovation in the sector[132]. Strategic Partnerships and Client Relationships - The company has established stable strategic partnerships with key clients such as SAIC Group and Huawei, enhancing its market position in the automotive electronics sector[39]. - The company has established long-term and stable relationships with major clients, including Bosch Group and Magna International, by leveraging its technological and project implementation advantages[69]. - The company is expanding its product offerings to include core components for NEV thermal management systems, indicating a strategic shift towards high-demand areas[58]. - The company has established long-term partnerships with qualified suppliers, including Volkswagen and FAW-Volkswagen, since entering the Volkswagen supplier list in 2004[109]. Governance and Management - The company held 1 annual general meeting and 3 extraordinary general meetings during the reporting period, ensuring transparency and fairness in decision-making for all shareholders[149]. - The board of directors consists of 7 members, including 3 independent directors, and held 9 meetings during the reporting period, adhering to legal and regulatory requirements[150]. - The company has established a governance structure that complies with the Company Law and relevant regulations, enhancing operational standards and decision-making processes[148]. - The company has implemented a comprehensive information disclosure management system to ensure timely and accurate information dissemination to all shareholders[153]. - The company has a performance-based remuneration system for directors and senior management, which includes basic and performance pay[164]. Financial Management and Investment - The company has secured a loan of CNY 10,000,000.00 with a 3.50% annual interest rate, backed by its real estate assets[102]. - The company is leveraging capital market opportunities to strengthen its position in the intelligent manufacturing sector and become a leading enterprise in the industry[126]. - The company plans to enhance its core competitiveness by establishing R&D centers domestically and internationally, increasing investment in key technologies such as 3D machine vision[134]. - The company will actively broaden financing channels to secure long-term, low-cost funding while optimizing its financial structure and improving supply chain management[135]. Operational Efficiency and Production - The company has established a strong customer base, including major clients such as Bosch Group and Huawei, which supports stable revenue growth[72]. - The company has established a stable supplier network to ensure the quality and timeliness of raw material procurement for its manufacturing processes[60]. - The company has developed automated loading systems for trucks, achieving an average loading efficiency of approximately 850 boxes per hour, significantly higher than manual operations[47]. - The company produced 83 automatic assembly lines, with sales increasing by 43.10% compared to the previous year[88]. - The production of automatic detection lines rose by 75.00% year-on-year, reflecting increased demand[88]. Challenges and Risks - The company faces risks from macroeconomic fluctuations, particularly in the automotive sector, which is closely tied to fixed asset investment trends[138]. - The company recognizes the risk of technology leakage and personnel turnover, which could adversely affect its competitive edge and operational efficiency[143]. - The company has a high customer concentration, with over 74.61% of its revenue coming from its top five clients, primarily in the automotive industry[141]. - The company's gross profit margin decreased from 25.23% in 2021 to 23.98% in 2022, indicating potential challenges in maintaining profitability[144]. Employee and Training Initiatives - The company employed a total of 585 staff members, with 103 in the parent company and 482 in major subsidiaries[178]. - The workforce includes 304 production personnel, 12 sales personnel, 182 technical personnel, 12 financial personnel, and 75 administrative personnel[178]. - The training plan includes new employee orientation, pre-job training, and ongoing training to enhance professional skills[180]. - The company conducted a total of 45 training activities in 2022, with 22 external and 23 internal training sessions, enhancing employee engagement and satisfaction[181].

证券代码：603960 证券简称：克来机电 公告编号：2023-019 上海克来机电自动化工程股份有限公司 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：上证路演中心网络互动 投资者可于 2023 年 05 月 08 日(星期四)12:00 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 kelai.jidian@sh-kelai.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。 上海克来机电自动化工程股份有限公司（以下简称"公司"）已于 2023 年 4 月 29 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 05 月 09 日下午 13:00- 14:00 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 本次投资者说明会以网络互动形 ...

Financial Performance - The company's operating revenue for Q3 2022 was CNY 249,575,625.64, representing a year-on-year increase of 59.96%[3] - Net profit attributable to shareholders for Q3 2022 reached CNY 31,089,968.22, a significant increase of 182.46% compared to the same period last year[3] - The basic earnings per share for Q3 2022 was CNY 0.12, reflecting a 200.00% increase from CNY 0.10 in the previous year[3] - Total revenue for the first three quarters of 2022 reached ¥450,770,909.67, an increase of 3.9% compared to ¥436,059,906.41 in the same period of 2021[14] - The net profit for the first three quarters of 2022 was CNY 30,214,693.15, a decrease of 42.9% compared to CNY 52,870,095.94 in the same period of 2021[15] - Operating profit for the first three quarters of 2022 was CNY 27,858,617.04, down 47.5% from CNY 53,034,523.58 in the previous year[15] - The total revenue from operating activities was CNY 441,075,904.42, an increase of 25.8% compared to CNY 350,533,985.44 in the same period of 2021[18] - The company reported a total comprehensive income of CNY 30,214,693.15 for the first three quarters of 2022, down from CNY 52,870,095.94 in the previous year[16] Assets and Liabilities - Total assets as of September 30, 2022, amounted to CNY 1,353,773,039.51, which is a 10.44% increase from the end of the previous year[4] - Accounts receivable as of September 30, 2022, amounted to ¥225,914,278.92, a significant increase of 42.5% from ¥158,385,434.37 at the end of 2021[10] - Inventory as of September 30, 2022, was ¥262,289,830.25, up 57.7% from ¥166,266,026.20 at the end of 2021[10] - Current liabilities totaled ¥315,299,049.52 as of September 30, 2022, compared to ¥205,083,523.19 at the end of 2021, representing a 53.8% increase[11] - The company's total current assets as of September 30, 2022, were RMB 547,325,556.28, compared to RMB 453,530,814.83 at the end of 2021, marking an increase of around 20.69%[22] - The total liabilities of the company as of September 30, 2022, were RMB 125,850,816.98, which is an increase from RMB 68,151,747.41 at the end of 2021, representing an increase of approximately 84.73%[23] Cash Flow - The company reported a cash flow from operating activities of CNY -39,141,960.49 for the year-to-date period[3] - Cash flow from operating activities showed a net outflow of CNY 39,141,960.49, an improvement from a net outflow of CNY 90,354,120.93 in the previous year[19] - The net cash flow from operating activities for the first three quarters of 2022 was -40,244,349.01 RMB, an improvement from -63,053,968.17 RMB in the same period of 2021[26] - Total cash inflow from operating activities increased to 132,069,272.02 RMB, up from 79,800,457.56 RMB year-over-year[26] - The cash outflow from operating activities rose to 172,313,621.03 RMB, compared to 142,854,425.73 RMB in the previous year[26] Shareholder Information - The top shareholder, Tan Shili, holds 21.68% of the shares, while the second-largest shareholder, Chen Jiukang, holds 15.88%[7] - The company's equity attributable to shareholders was ¥980,830,439.43 as of September 30, 2022, compared to ¥967,781,545.91 at the end of 2021, showing a growth of 1.3%[12] - The company's total equity as of September 30, 2022, was RMB 900,319,447.17, an increase from RMB 864,362,610.32 at the end of 2021, indicating a growth of approximately 4.16%[23] Research and Development - Research and development expenses decreased to CNY 31,588,964.29, a decline of 7.3% from CNY 34,031,475.81 in the first three quarters of 2021[15] - Research and development expenses for the first three quarters of 2022 were RMB 5,838,577.85, down from RMB 7,405,526.83 in the same period of 2021, indicating a decrease of approximately 21.17%[24] Future Outlook - Future outlook includes potential market expansion and new product development strategies, although specific figures were not disclosed in the current report[14]

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 15% compared to the same period in 2021[12]. - The net profit attributable to shareholders for the first half of 2022 was RMB 80 million, an increase of 10% year-on-year[12]. - The company's operating revenue for the first half of 2022 was ¥201,195,284.03, a decrease of 28.15% compared to ¥280,035,080.52 in the same period last year[22]. - The net profit attributable to shareholders for the first half of 2022 was -¥5,753,848.28, representing a decline of 114.93% from ¥38,539,820.24 in the previous year[22]. - The comprehensive gross margin for the company decreased from 25.23% in 2021 to 14.56% in the first half of 2022, reflecting a significant decline in profitability[93]. - The company achieved a net profit attributable to shareholders of -5.75 million in the first half of 2022, a year-on-year decline of 114.93%[51]. - The total profit for the first half of 2022 was a loss of CNY 5,883,131.70, compared to a profit of CNY 44,087,391.14 in the first half of 2021[192]. User Growth and Market Expansion - User data indicates a growth in active users by 20% in the first half of 2022, reaching a total of 1 million active users[12]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2023[12]. - User data showed a growth of 20% in active users, reaching 2 million by the end of the reporting period[128]. - The company is expanding its market presence in Asia, targeting a 30% increase in market share within the next two years[123]. Research and Development - The company has allocated RMB 30 million for research and development in new technologies for electric vehicle components[12]. - Research and development investments have increased by 40%, focusing on innovative technologies to enhance product offerings[124]. - The company is investing $50 million in R&D for new technologies aimed at enhancing product efficiency[128]. - The company has made significant investments in R&D for new products and technologies in the field of new energy vehicle electronics, maintaining industry-leading technical levels[48]. Strategic Initiatives - The company has no plans for major acquisitions in the near term but is exploring strategic partnerships to enhance its technology offerings[12]. - The company is considering strategic acquisitions to bolster its competitive position, with a budget of $200 million allocated for potential deals[125]. - A strategic acquisition of a smaller competitor is in progress, expected to enhance the company's product offerings and customer base[138]. Operational Challenges - The management highlighted potential risks including supply chain disruptions and increased competition in the automation sector[12]. - The company experienced a significant impact on its operations due to strict pandemic lockdowns in Shanghai, affecting both sales and profit margins in its automotive parts business[22]. - The company faces risks from macroeconomic fluctuations, particularly in the automotive sector, which is sensitive to economic cycles and investment trends[84]. Environmental and Social Responsibility - The company has implemented effective measures to minimize environmental impact, ensuring compliance with pollution control standards[105]. - The company has a commitment to social responsibility, donating CNY 50,000 annually to poverty alleviation projects in Yunnan[113]. - The company has signed an emergency response plan with the Shanghai Baoshan Ecological Environment Bureau to ensure timely response to environmental pollution incidents[110]. Shareholder Commitments - The company has committed to compensating investors for any losses caused by violations of its commitments[150]. - The company will prioritize providing business opportunities to its subsidiaries over any competing interests from its controlled entities[121]. - The company is committed to a long-term and sustainable development strategy, focusing on social responsibility and investor returns[130]. Future Outlook - Future guidance estimates a revenue growth of 20% for the full year 2022, projecting total revenue to reach RMB 1.2 billion[12]. - The company provided a positive outlook for the next quarter, projecting a revenue increase of 20% to $600 million[124]. - The company expects a revenue guidance of $1.2 billion for the next quarter, indicating a 10% growth compared to the previous quarter[129].

Financial Performance - The company reported a total distributable profit of RMB 247,634,245.74 as of December 31, 2021, with a proposed cash dividend of RMB 0.58 per share, amounting to a total of RMB 15,134,800, which represents 30.38% of the net profit attributable to shareholders [6]. - The company's operating revenue for 2021 was ¥560,917,686.05, a decrease of 26.79% compared to ¥766,142,805.45 in 2020 [23]. - The net profit attributable to shareholders for 2021 was ¥49,818,028.93, down 61.44% from ¥129,190,548.12 in 2020 [23]. - The net cash flow from operating activities decreased by 147.51% to -¥79,666,313.54 in 2021, compared to ¥167,670,032.43 in 2020 [25]. - The basic earnings per share for 2021 was ¥0.19, a decline of 62.75% from ¥0.51 in 2020 [26]. - The weighted average return on equity decreased by 11.87 percentage points to 5.18% in 2021, down from 17.05% in 2020 [26]. - The total profit for the year was CNY 5,375 million, down 67.06% year-on-year, while the net profit attributable to shareholders was CNY 4,982 million, a decline of 61.44% [79]. Audit and Governance - The company has received a standard unqualified audit report from its auditing firm, indicating a clean financial review [5]. - The company’s board of directors and management have confirmed the accuracy and completeness of the annual report, ensuring no misleading statements or omissions [4]. - The company has established a comprehensive governance structure, including a board of directors with 7 members, 3 of whom are independent directors [156]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with shareholders [159]. - The company has implemented a performance evaluation and incentive mechanism for its directors and senior management, ensuring transparency in appointments [158]. Risks and Challenges - The company has not identified any significant risks that could materially affect its operations during the reporting period [9]. - The company anticipates continued challenges in the supply chain, particularly due to the global chip shortage affecting the automotive industry [24]. - The company faces risks from macroeconomic fluctuations that could impact demand for its automation equipment and industrial robot systems [144]. - The company is exposed to market competition risks, particularly from international competitors and joint ventures in China [146]. - There is a risk of technology leakage and personnel turnover, which could negatively impact the company's market competitiveness and profitability [150]. Research and Development - R&D investments increased in 2021, focusing on new products related to carbon dioxide air conditioning systems for new energy vehicles and other automation technologies [24]. - The company has a strong R&D capability, focusing on technology innovation and customized equipment production, enhancing its competitive edge [69]. - The company is actively pursuing the establishment of R&D centers both domestically and internationally to integrate resources and improve innovation capabilities [111]. - The company is focusing on technological innovation to enhance its competitive advantage and reduce production costs, aligning with its strategic development goals [102]. Market and Industry Trends - The automotive industry is expected to maintain stable recovery, supported by economic stability, but faces uncertainties from global recovery and chip supply issues [53]. - The automotive parts market in China has shown significant growth, with the market size increasing from CNY 4 trillion in 2018 to CNY 4.9 trillion in 2021, reflecting a steady upward trend [113]. - The domestic automation equipment industry is expected to experience significant growth due to the "Made in China 2025" strategy, with opportunities arising during the 14th Five-Year Plan period [127]. Production and Operations - The company employs a resource order-based production model, adapting to the unique demands of each customer [61]. - The production process includes both in-house manufacturing of key components and outsourcing of custom parts to optimize efficiency and cost [62]. - The company has established stable relationships with high-quality clients, including major automotive manufacturers, ensuring continuous revenue growth [72]. - The company has made significant advancements in energy recovery systems, securing contracts for production lines in competition with foreign equipment manufacturers [40]. Employee and Management - The total number of employees in the parent company and major subsidiaries is 608, with 298 in production, 14 in sales, 222 in technical roles, 12 in finance, and 62 in administration [184]. - The company organized 44 training activities in 2021, including 25 internal and 19 external training sessions, enhancing employee skills and satisfaction [187]. - The company has a strong management team with a focus on innovation and talent development, which is crucial for maintaining competitive advantage [78]. Financial Structure and Dividend Policy - The company’s cash dividend policy prioritizes cash dividends when conditions are met, with a minimum distribution of 20% of distributable profits if no major investment plans exist [190]. - In 2021, the company did not distribute any cash dividends, while in 2020, it distributed 38,880,731.00 CNY, representing 30.10% of the net profit attributable to ordinary shareholders [193]. - The company aims for a minimum cash dividend ratio of 80% for mature stages without major capital expenditures, and 40% if there are significant expenditures [190]. Strategic Development - The company plans to enhance its core competitiveness by establishing R&D centers domestically and internationally, focusing on key technologies such as 3D machine vision and core functional components [141]. - The company is actively pursuing market expansion and product innovation to mitigate the impact of global supply chain challenges and enhance its market position [75]. - The company aims to optimize its industrial chain layout through investments and acquisitions, creating an industrial cluster for intelligent equipment technology development and application [140].