可转债转股结果暨股份变动公告 | 证券代码：603989 | 证券简称：艾华集团 | 公告编号：2023-048 | | --- | --- | --- | | 转债代码：113504 | 转债简称：艾华转债 | | 湖南艾华集团股份有限公司 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： 未转股可转债情况：截至2023年9月30日，尚未转股的可转债金额 462,663,000元，占可转债发行总量的66.955572%。 一、可转债发行上市概况 （一）可转债发行情况 经中国证券监督管理委员会《关于核准湖南艾华集团股份有限公司公开发行 可转换公司债券的批复》（证监许可[2017]2350号）核准，湖南艾华集团股份有 限公司（以下简称"公司"）于2018年3月2日公开发行了691万张可转换公司债 券，每张面值100元，发行总额69,100万元。 （二）可转债上市情况 经上海证券交易所自律监管决定书[2018]34号文同意，公司69,100万元可转 换公司债券于2018年3月23日起在上海证券交易所挂牌交易，债 ...

湖南艾华集团股份有限公司 2023 年半年度业绩说明会纪要 （一）尊敬的董事长，上午好！作为个人投资者，希望和公司领导交流一下， 公司之前发行 6.91 亿元可转债目前尚剩 4.6 亿元未转，但转债明年 3 月就要到 期，请问公司有没有做好到期还钱的准备还是尽力实现全部转股？ 回复：投资者您好，公司会一如既往的通过合规经营及稳健发展来提升公司 的内在价值，通过良好的经营确保效益增长、夯实转股基础；同时加强与投资者 的沟通，进一步推进市场对公司的价值认同，努力提振股价表现，促进可转债转 股。公司将持续关注可转债相关情况。感谢您对公司的关注，祝您生活愉快！ （二）尊敬的艾总你好，公司上半年度相较于去年同期毛利率有所上升，由 25.91%增长至 26.93%，请问是否是由于库存积压降低了单位成本导致的？ 为便于广大投资者更全面深入地了解公司 2023 年半年度经营成果、财务状 况，进一步增进公司与广大投资者的沟通与交流，公司于 2023 年 9 月 26 日（星 期二）上午 10:00-11:00 举行 2023 年半年度业绩说明会。公司董事长艾立华先 生、董事兼总裁艾亮女士、独立董事邓中华先生、董事会秘书艾燕女士 ...

| 证券代码：603989 | 证券简称：艾华集团 | 公告编号：2023-047 | | --- | --- | --- | | 转债代码：113504 | 转债简称：艾华转债 | | 湖南艾华集团股份有限公司 关于召开 2023 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2023 年 09 月 26 日(星期二)上午 10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 09 月 19 日(星期二) 至 09 月 25 日(星期一)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 xiang.yang@aihuaglobal.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。 四、 投资者参加方式 （一）投资者可在 2023 年 0 ...

Financial Performance - The company's operating income for the first half of 2023 was RMB 1,560,551,908.48, a decrease of 12.32% compared to the same period last year[20]. - The net profit attributable to shareholders for the first half of 2023 was RMB 194,966,432.93, down 17.99% year-on-year[20]. - The basic earnings per share for the first half of 2023 was RMB 0.4864, representing an 18.07% decrease from RMB 0.5937 in the same period last year[20]. - The net profit after deducting non-recurring gains and losses was RMB 155,992,871.00, a decrease of 25.30% compared to the previous year[20]. - The company's operating revenue for the current period is CNY 1,560,551,908.48, a decrease of 12.32% compared to CNY 1,779,880,500.43 in the same period last year[35]. - Operating costs decreased by 13.53% to CNY 1,140,266,532.72 from CNY 1,318,712,531.61 year-on-year[35]. - The net profit for the first half of 2023 was CNY 193,658,757.22, a decline of 19.52% from CNY 240,672,438.81 in the same period of 2022[138]. - Earnings per share for the first half of 2023 were CNY 0.4864, compared to CNY 0.5937 in the first half of 2022, reflecting a decrease of 18.06%[138]. Cash Flow and Financial Position - The net cash flow from operating activities decreased by 75.87% to RMB 36,039,877.63, primarily due to a reduction in received payments and tax refunds compared to the previous year[21]. - The total assets at the end of the reporting period were RMB 5,367,954,037.76, a slight decrease of 0.31% from the end of the previous year[20]. - The company's total liabilities amounted to CNY 2,053,703,021.27 as of the end of the reporting period[134]. - The total cash and cash equivalents at the end of the period amounted to CNY 213,320,037.84, an increase from CNY 178,749,633.47 at the end of the previous year[145]. - The company's cash and cash equivalents increased to CNY 213,680,919.20 as of June 30, 2023, compared to CNY 188,820,184.60 at the end of 2022[128]. - The company's accounts receivable stood at CNY 951,887,156.22 as of June 30, 2023, slightly down from CNY 957,834,898.47 at the end of 2022[128]. - The total current assets of the company were CNY 3,628,991,115.70 as of June 30, 2023, compared to CNY 3,663,296,110.88 at the end of 2022[128]. Research and Development - The company continues to invest in R&D and product design to maintain its competitive edge in the market[29]. - The company has allocated CNY 75,882,781 for research and development in the first half of 2023, aiming to enhance its competitive edge[163]. - Research and development expenses for the first half of 2023 were CNY 88,564,315.89, an increase from CNY 84,099,596.82 in the same period of 2022, indicating a growth of 5.85%[136]. Market and Industry Trends - The global demand for aluminum electrolytic capacitors is projected to reach 173 billion units by 2025, with an average growth rate of approximately 5.6% from 2020 to 2025[25]. - The global aluminum electrolytic capacitor market is experiencing growth due to the expansion of the new energy industry, including electric vehicles and renewable energy sectors[27]. - The company's industrial control capacitors market share increased by 11.93% year-on-year, driven by expanding demand in the new energy and industrial sectors[31]. Environmental Responsibility - The company is committed to sustainable development and actively responds to national "dual carbon" policies to reduce environmental impact[29]. - The company reported a total wastewater discharge of 59,975 tons during the reporting period, with a pH value of 7.27 and a chemical oxygen demand (COD) total discharge of 0.63223 tons[59]. - The company has established a total of 4 exhaust emission outlets, all located within the factory premises, ensuring compliance with air quality standards[61]. - Jiangsu Lifeng's wastewater treatment met the standards before being discharged into the municipal sewage treatment plant, with a total nitrogen discharge of 0.6262 tons[59]. - The company has established a comprehensive environmental emergency response mechanism, registered with the local ecological environment bureau[88]. Corporate Governance and Shareholder Information - The company has not made any changes to its board of directors or senior management during the reporting period[56]. - The total number of ordinary shares remains unchanged at 400,820,172 as of June 30, 2023[106]. - The largest shareholder, Hunan Aihua Holdings Co., Ltd., holds 190,493,063 shares, representing 47.53% of the total shares[109]. - The company has not reported any changes in the actual controller or major shareholders during the reporting period[112]. - The company has a long-term commitment to compensate investors for losses incurred due to false statements or significant omissions in the prospectus[98]. Future Plans and Strategic Initiatives - The company plans to continue its market expansion strategy, focusing on new product development and technological advancements in the upcoming quarters[163]. - The company aims to enhance its research and development investment to improve product quality and maintain market competitiveness[48]. - The company plans to conduct foreign exchange hedging business in the future as part of its strategic initiatives[54].

Financial Performance - The company's operating revenue for the first half of 2023 was RMB 1,560,551,908.48, a decrease of 12.32% compared to the same period last year[20]. - The net profit attributable to shareholders for the first half of 2023 was RMB 194,966,432.93, down 17.99% year-on-year[20]. - The basic earnings per share for the first half of 2023 was RMB 0.4864, representing an 18.07% decrease from RMB 0.5937 in the same period last year[20]. - The net cash flow from operating activities decreased by 75.87% to RMB 36,039,877.63, primarily due to a reduction in received payments and tax refunds compared to the previous year[21]. - The total assets at the end of the reporting period were RMB 5,367,954,037.76, a slight decrease of 0.31% from the end of the previous year[20]. - The net profit after deducting non-recurring gains and losses was RMB 155,992,871.00, a decrease of 25.30% compared to the previous year[20]. - The diluted earnings per share for the first half of 2023 was RMB 0.4864, down 17.34% from RMB 0.5884 in the same period last year[20]. - The company reported a net profit of RMB 9,537,230 from Mianyang High-tech Zone Zijiang Electronic Components Co., Ltd., with a total asset value of RMB 32,588,400[45]. Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 4,602,361,662.52, compared to CNY 4,565,349,253.96 in the previous period, showing a slight increase[134]. - The company's total liabilities amounted to CNY 2,053,703,021.27 as of the end of the reporting period[134]. - The total amount of financial products at the end of the period was RMB 1,080,102,912.39, with purchases amounting to RMB 544,800,000 and redemptions of RMB 539,500,000[44]. - The company's total liabilities decreased to CNY 1,897,689,677.16 from CNY 1,988,386,260.31, reflecting improved financial health[130]. - Current liabilities increased to CNY 1,382,261,672.58 from CNY 1,474,152,290.08, with short-term borrowings rising to CNY 234,071,072.00 from CNY 129,523,361.86[130]. Research and Development - Research and development expenses increased by 5.31% to ¥88,564,315.89 from ¥84,099,596.82 in the previous year[35]. - The company continues to invest in R&D and design, focusing on sustainable development and reducing environmental impact in line with national "dual carbon" policies[29]. - The company has allocated 75,882,781 CNY for research and development in the first half of 2023, aiming to enhance its technological capabilities[163]. Market and Industry Trends - The global demand for aluminum electrolytic capacitors is projected to reach 173 billion units by 2025, with an average growth rate of approximately 5.6% from 2020 to 2025[25]. - The global aluminum electrolytic capacitor market is experiencing growth due to the expansion of the new energy industry, including solar and wind power[27]. - The company's industrial control capacitors market share increased by 11.93% year-on-year, driven by expanding demand in the new energy and industrial sectors[31]. Environmental Responsibility - The company emphasizes environmental protection and has not experienced any environmental pollution incidents or exceeded discharge limits during the reporting period[75]. - The company reported a total wastewater discharge of 59,975 tons during the reporting period, with a pH value of 7.27 and a chemical oxygen demand (COD) of 10.54 mg/L[59]. - The company has established a comprehensive environmental emergency response mechanism, with a registered emergency plan number of 660708-2022-006-L[70]. - The company’s subsidiary, Jiangsu Lifeng, was listed as a key pollutant discharge unit but reported no environmental pollution incidents or exceedances during the reporting period[58]. Corporate Governance and Shareholder Commitments - The company has made commitments to avoid any direct or indirect competition with its subsidiaries[100]. - The actual controllers, including Ai Lihua and Wang Anan, have pledged to prevent their subsidiaries from engaging in similar business activities, reinforcing the commitment to avoid direct or indirect competition[98]. - The company has established a long-term commitment to return any funds obtained from violations of public commitments within 30 days of the breach[97]. - The company has not reported any changes in the actual controller or major shareholders during the reporting period[112]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[1]. - The company expects to achieve a revenue growth target of 5% for the full year 2023, driven by new product launches and market expansion strategies[160]. - The company plans to continue focusing on enhancing its capital structure and improving profitability in the upcoming quarters[168].

关于召开 2022 年度暨 2023 年第一季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 会议召开时间：2023 年 06 月 02 日(星期五) 下午 15:00-16:30 | 证券代码：603989 | 证券简称：艾华集团 | 公告编号：2023-033 | | --- | --- | --- | | 转债代码：113504 | 转债简称：艾华转债 | | 湖南艾华集团股份有限公司 （一） 会议召开时间：2023 年 06 月 02 日 下午 15:00-16:30 （二） 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频录播和网络互动 投资者可于 2023 年 05 月 26 日(星期 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 705,210,844.51, representing a decrease of 18.88% compared to the same period last year[6]. - The net profit attributable to shareholders for Q1 2023 was CNY 90,430,766.93, down 21.27% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 67,107,085.02, a decline of 27.87% compared to the previous year[6]. - The basic earnings per share for Q1 2023 was CNY 0.2256, down 21.28% from the same period last year[6]. - Total revenue for Q1 2023 was CNY 705,210,844.51, a decrease of 19% compared to CNY 869,316,471.71 in Q1 2022[21]. - Operating profit for Q1 2023 was CNY 107,696,443.78, down from CNY 132,365,240.69 in Q1 2022, reflecting a decline of approximately 19%[22]. - Net profit for Q1 2023 was CNY 90,153,219.02, compared to CNY 116,651,589.43 in Q1 2022, representing a decrease of about 23%[22]. - Earnings per share for Q1 2023 were CNY 0.2256, down from CNY 0.2866 in Q1 2022, indicating a decline of approximately 21%[23]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 13,493,128.06, reflecting a significant decrease of 52.20% year-on-year[6]. - The total cash flow from operating activities for Q1 2023 was not provided, but the company continues to focus on improving cash flow management[24]. - The net cash flow from operating activities for Q1 2023 was $13.49 million, a decrease of 52.3% compared to $28.23 million in Q1 2022[26]. - The total cash and cash equivalents at the end of Q1 2023 amounted to $552.67 million, up from $366.55 million at the end of Q1 2022, reflecting an increase of approximately 50.9%[27]. - The company reported a cash inflow from interest and commission fees of $10.57 million in Q1 2023, down from $22.47 million in Q1 2022, a decrease of about 53%[26]. - The company paid $31.97 million in taxes in Q1 2023, which is an increase of approximately 58% compared to $20.25 million in Q1 2022[26]. - The cash outflow for employee compensation decreased to $114.97 million in Q1 2023 from $133.45 million in Q1 2022, a reduction of about 13.8%[26]. - The impact of exchange rate changes on cash and cash equivalents was a negative $1.73 million in Q1 2023, compared to a negative $596,020.24 in Q1 2022[27]. Assets and Liabilities - Total assets at the end of Q1 2023 amounted to CNY 5,541,461,530.67, an increase of 2.91% from the end of the previous year[7]. - The equity attributable to shareholders at the end of Q1 2023 was CNY 3,442,770,105.57, up 2.70% compared to the previous year-end[7]. - Total liabilities increased to CNY 2,055,161,879.57 in Q1 2023 from CNY 1,988,386,260.31 in Q1 2022, marking an increase of about 3.4%[20]. - Total equity rose to CNY 3,486,299,651.10 in Q1 2023 from CNY 3,396,146,432.08 in Q1 2022, reflecting an increase of approximately 2.6%[20]. - The accounts receivable decreased to CNY 805,847,935.69 from CNY 957,834,898.47, showing a reduction of approximately 15.8%[18]. - Inventory levels increased slightly to CNY 822,415,603.50 from CNY 803,187,413.04, indicating a growth of about 2.9%[18]. - Total current assets increased to CNY 3,824,167,356.27 from CNY 3,663,296,110.88, reflecting a growth of approximately 4.4%[18]. - Short-term borrowings surged to CNY 375,280,618.64, up from CNY 129,523,361.86, indicating a substantial increase in leverage[18]. Investments and Projects - The company has invested CNY 7,836.21 million in the relocation and expansion project of its subsidiary, Mianyang Zijiang Electronic Components Co., Ltd., which is progressing as planned[14]. - Hunan Aihua Group holds a 16% stake in Zhejiang Kain Special Paper Co., Ltd., acquired for CNY 1,000.00 million, enhancing its investment portfolio[15]. - The company's long-term equity investments remained stable at CNY 22,854,538.22, reflecting consistent investment strategy[18]. - The company decided not to redeem the "Aihua Convertible Bonds" early, prioritizing investor interests amid current market conditions[15]. Expenses - Research and development expenses for Q1 2023 were CNY 40,573,631.20, slightly down from CNY 42,407,887.57 in Q1 2022, indicating a decrease of about 4%[21]. - Financial expenses increased to CNY 15,767,311.84 in Q1 2023 from CNY 8,695,215.69 in Q1 2022, representing an increase of approximately 81%[21]. - The company reported a decrease in investment income to CNY 6,503,931.35 in Q1 2023 from CNY 15,849,982.25 in Q1 2022, a decline of about 59%[22].

Financial Performance - The company's operating revenue for Q1 2023 was ¥705,210,844.51, representing a decrease of 18.88% compared to the same period last year [5] - The net profit attributable to shareholders for Q1 2023 was ¥90,430,766.93, down 21.27% year-over-year [5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥67,107,085.02, a decline of 27.87% compared to the previous year [5] - The basic earnings per share for Q1 2023 was ¥0.2256, down 21.28% from the same period last year [5] - Total operating revenue for Q1 2023 was CNY 705,210,844.51, a decrease of 19% compared to CNY 869,316,471.71 in Q1 2022 [20] - Net profit for Q1 2023 was CNY 90,153,219.02, a decline of 23% from CNY 116,651,589.43 in Q1 2022 [21] - Earnings per share for Q1 2023 were CNY 0.2256, compared to CNY 0.2866 in Q1 2022, representing a decrease of 21% [22] - The company reported a total comprehensive income of CNY 90,153,219.02 for Q1 2023, down from CNY 116,651,589.43 in Q1 2022 [22] Cash Flow - The net cash flow from operating activities was ¥13,493,128.06, reflecting a significant decrease of 52.20% year-over-year, primarily due to increased cash payments for materials and taxes [9] - The net cash outflow from operating activities was approximately $563.12 million, up from $478.69 million in the same period last year, resulting in a net cash flow from operating activities of $13.49 million, down 52.3% from $28.23 million [25] - The cash inflow from investment activities totaled approximately $225.57 million, a decrease of 23% from $292.69 million in Q1 2022 [25] - The net cash flow from investment activities was approximately $112.10 million, an increase of 15.4% compared to $97.11 million in the previous year [25] - The cash inflow from financing activities was approximately $253.75 million, significantly higher than $100.24 million in Q1 2022 [25] - The net cash flow from financing activities was approximately $243.22 million, compared to $63.76 million in the same quarter last year, marking a substantial increase [25] - The company paid approximately $31.97 million in taxes during Q1 2023, an increase of 58% from $20.25 million in the same period last year [25] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to ¥5,541,461,530.67, an increase of 2.91% compared to the end of the previous year [6] - Total liabilities as of Q1 2023 amounted to CNY 2,055,161,879.57, an increase from CNY 1,988,386,260.31 in the previous year [19] - The equity attributable to shareholders at the end of Q1 2023 was ¥3,442,770,105.57, up 2.70% from the previous year-end [6] - Total equity attributable to shareholders was CNY 3,442,770,105.57, up from CNY 3,352,339,338.64 year-over-year [19] - Current assets totaled RMB 3,824,167,356.27, up from RMB 3,663,296,110.88, indicating an increase of about 4.39% [17] - Cash and cash equivalents reached RMB 553,365,018.60, significantly higher than RMB 188,820,184.60 reported at the end of 2022, marking an increase of approximately 194.77% [16] - The total receivables decreased to RMB 1,152,439,876.07 from RMB 1,355,905,446.10, a decline of approximately 15.00% [17] Investments and Projects - The company has invested RMB 7,836.21 million in the relocation and expansion project of its subsidiary, with the project progressing on schedule [13] - The company holds a 16% stake in Zhejiang Kain Special Paper Co., Ltd., acquired for RMB 1,000.00 million, enhancing its investment portfolio [14] - The company decided not to redeem the "Ai Hua Convertible Bonds" early, protecting investor interests amid current market conditions [14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,992 [11] - The company reported a total of 190,493,063 shares held by its largest shareholder, Hunan Ai Hua Holdings Co., Ltd., representing 47.53% of total shares [12] Research and Development - Research and development expenses for Q1 2023 were CNY 40,573,631.20, slightly down from CNY 42,407,887.57 in Q1 2022 [20] Financial Expenses - Financial expenses increased to CNY 15,767,311.84 in Q1 2023, compared to CNY 8,695,215.69 in Q1 2022, indicating a rise of approximately 81% [20] Return on Equity - The weighted average return on equity decreased by 1.07 percentage points to 2.70% [5]

Financial Performance - In 2022, the company achieved operating revenue of 3,444.87 million yuan, reflecting significant growth despite economic challenges[4]. - The operating profit for 2022 was 507.99 million yuan, demonstrating the company's resilience and balanced development across its business segments[4]. - The company's operating revenue for 2022 was approximately CNY 3.44 billion, representing a year-on-year increase of 6.52% compared to CNY 3.23 billion in 2021[31]. - The net profit attributable to shareholders for 2022 was approximately CNY 445.85 million, a decrease of 8.51% from CNY 487.33 million in 2021[31]. - The basic earnings per share for 2022 were CNY 1.1140, down 8.93% from CNY 1.2232 in 2021[32]. - The weighted average return on equity for 2022 was 13.96%, a decrease of 3.13 percentage points from 17.09% in 2021[32]. - The company reported a total revenue of 489.51 million CNY for the year 2022[117]. - The company achieved a net profit attributable to shareholders of 445,851,911.89 yuan for the year 2022, with the parent company reporting a net profit of 262,978,689.28 yuan[143]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 3 yuan per 10 shares, amounting to a total of 119.54 million yuan, which represents 32.02% of the net profit attributable to shareholders[11]. - The total amount of cash dividends and share repurchase in 2022 accounted for 32.02% of the audited net profit attributable to shareholders[143]. - The company has implemented a stable cash dividend policy, distributing at least 20% of the annual distributable profit as cash dividends[140]. Market Expansion and Strategy - The company is focusing on expanding its market share in sectors such as new energy, automotive, 5G base stations, data centers, industrial control, and power grids[4]. - The company aims to leverage opportunities in industrial upgrades and the new energy sector to drive continuous growth[8]. - The company plans to continue expanding its production capacity to increase its global market share in the aluminum electrolytic capacitor sector[98]. - The company is focused on expanding its market presence and enhancing product offerings through new technology development[115]. - Market expansion plans include entering three new provinces, aiming for a 10% market share in these regions within two years[120]. Research and Development - The company emphasizes technological innovation and business structure optimization as key strategies for improving competitiveness and profitability[8]. - The company has established six core technology modules based on the aluminum electrolytic capacitor industry chain, enhancing its research capabilities[43]. - Research and development expenses increased by 10.08% to ¥191,607,837.07, indicating a focus on innovation[61]. - The company is investing 100 million yuan in R&D for new technologies, particularly in energy-efficient solutions[120]. Environmental Commitment - The company is committed to sustainable development and ESG governance, actively participating in the energy transition and promoting green production[8]. - The company was recognized as a national "Green Factory" in 2022, reflecting its commitment to green and high-quality development[44]. - The company invested CNY 1,008.07 million in environmental protection during the reporting period[152]. - The company has established a comprehensive environmental emergency response mechanism, registered with the local environmental authority[186]. Risk Management and Challenges - The company acknowledges the ongoing market competition and uncertainties but remains focused on long-term strategic goals[8]. - The company faces risks from downstream industry demand fluctuations and increasing competition in the electronic components market[106]. - Raw material costs, particularly for aluminum and copper, significantly impact production costs, leading the company to increase self-supply rates and enhance supply chain management to mitigate price fluctuations[108]. - The company faces risks from labor shortages and rising labor costs, with a focus on increasing automation to reduce workforce needs while enhancing productivity[107]. Corporate Governance - The company has conducted 9 board meetings and 9 supervisory meetings during the reporting period, ensuring compliance with governance standards[113]. - The company has revised its governance documents to align with legal requirements and improve operational efficiency, including updates to the board and supervisory committee rules[112]. - The company has strengthened its relationships with investors through regular communication and performance briefings, ensuring fair treatment of all investors[114]. Acquisitions and Investments - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 500 million yuan allocated for potential deals[120]. - The company has invested approximately 150 million RMB in the relocation and expansion project of its subsidiary, Mianyang Zijiang Electronic Components Co., Ltd., with a cumulative investment of 72.1293 million RMB as of the reporting period[87]. Employee Management - The company has established a salary structure based on job qualifications and performance assessments to motivate employees and align with market standards[137]. - The company has a total of 4,670 employees, with 2,683 in production, 181 in sales, and 666 in technical roles[136]. - The management team includes experienced professionals with diverse backgrounds in the electronics industry[117].

Financial Performance - The company's operating revenue for Q3 2022 was ¥834,750,926.26, a decrease of 3.67% compared to the same period last year[7]. - Net profit for the quarter was ¥102,404,976.09, down 18.05% year-over-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥89,584,258.71, a decrease of 14.87% compared to the previous year[7]. - The basic earnings per share for the quarter was ¥0.2560, reflecting an 18.16% decline year-over-year[10]. - The diluted earnings per share was ¥0.2557, down 17.22% compared to the same period last year[10]. - The weighted average return on equity was 3.56%, a decrease of 0.94 percentage points year-over-year[10]. - Total operating revenue for the first three quarters of 2022 reached ¥2,614,631,426.69, an increase of 9.8% compared to ¥2,380,617,764.82 in the same period of 2021[42]. - The total profit for the period was CNY 395,868,687.15, a decrease from CNY 419,784,624.24 in the previous period, representing a decline of approximately 5.4%[44]. - The net profit attributable to shareholders of the parent company was CNY 340,138,543.92, down from CNY 356,904,373.48, reflecting a decrease of about 4.7%[46]. - Basic earnings per share were CNY 0.8497, compared to CNY 0.8963 in the previous period, indicating a decline of approximately 5.2%[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,497,190,511.09, an increase of 5.07% from the end of the previous year[10]. - The total assets of the company reached ¥5,497,190,511.09 as of September 30, 2022, up from ¥5,231,763,147.47 at the end of 2021, reflecting an increase of 5.1%[36]. - Total liabilities increased to ¥2,207,235,180.93, compared to ¥2,140,912,484.79 at the end of 2021, representing a rise of 3.1%[38]. - The equity attributable to shareholders was ¥3,246,549,324.66, up 6.47% compared to the end of last year[10]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥167,987,729.18, down 47.89% year-over-year[7]. - Cash flow from operating activities was CNY 167,987,729.18, down from CNY 322,366,650.52, a decrease of about 47.9%[52]. - The cash and cash equivalents at the end of the period amounted to CNY 271,556,018.54, compared to CNY 236,707,492.56 at the end of the previous period, an increase of approximately 14.7%[53]. - The company's cash and cash equivalents increased to ¥271,556,018.54 as of September 30, 2022, compared to ¥178,045,011.24 at the end of 2021, representing a growth of 52.5%[36]. - The net cash flow from investing activities was negative at CNY -27,857,278.54, an improvement from CNY -302,997,126.22 in the previous period[52]. - The company reported a decrease in cash outflows for operating activities, totaling CNY 1,688,875,112.12, compared to CNY 1,330,030,190.42 in the previous period, an increase of about 27%[52]. - The company received CNY 150,000,000.00 from financing activities, significantly higher than CNY 35,000,000.00 in the previous period, indicating a growth of approximately 328.6%[52]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,180[18]. - The largest shareholder, Hunan Aihua Holdings Co., Ltd., holds 190,313,063 shares, accounting for 47.48% of the total shares[18]. - Wang An'an, the second-largest shareholder, holds 63,260,438 shares, representing 15.78% of the total shares[18]. - The company has 9,244,358 shares held by the National Social Security Fund, accounting for 2.31% of the total shares[18]. - The company has 9,111,279 shares held by Da Cheng Fund Management Co., Ltd., representing 2.27% of the total shares[18]. Investments and Projects - The cumulative investment in the relocation and expansion project of the subsidiary Mianyang Zijiang Electronics Co., Ltd. reached 65.49 million RMB by the end of the reporting period[29]. - The company plans to invest approximately 150 million RMB in the expansion project[29]. - The company completed a share buyback of 2,350,743 shares, which is 0.59% of the total share capital, at an average price of 32.27 RMB per share[29]. - The company has not exercised the early redemption rights for the "Aihua Convertible Bonds" due to current market conditions[29]. - The company is progressing on the construction and renovation of the new facility, with the main construction completed and undergoing final inspections[29]. Operating Costs and Expenses - Total operating costs for the first three quarters of 2022 were ¥2,265,891,025.63, up from ¥2,035,028,635.45 in the previous year, reflecting a year-on-year increase of 11.3%[42]. - Operating profit for the first three quarters of 2022 was ¥396,137,237.42, a decrease of 5.3% from ¥418,548,445.44 in the same period of 2021[42]. - The company reported a decrease in research and development expenses to ¥125,466,338.80 from ¥134,712,146.26 in the previous year, a reduction of 6.5%[42]. - Accounts receivable rose to ¥974,470,736.43, up from ¥939,466,418.88, indicating a year-on-year increase of 3.7%[36]. - Inventory levels increased to ¥842,448,517.63, compared to ¥802,181,559.05 at the end of 2021, marking a growth of 5.0%[36].