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].

证券代码： 603989 证券简称：艾华集团 公告编号：2022-073 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 关于参加2022年湖南辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会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。 为进一步强化与投资者的互动交流，使广大投资者能更深入全面地了解公司 情况，湖南艾华集团股份有限公司（以下简称"公司"）将参加由中国证券监督 管理委员会湖南监管局、湖南省上市公司协会与深圳市全景网络有限公司联合举 办的"湖南辖区上市公司2022年投资者网上集体接待日"活动，现将有关事项 公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网 上平台，采取网络远程的方式举行，投资者可以登陆"全景·路演天下"网站 （http://rs.p5w.net），参与公司本次投资者集体接待日活动，活动时间为2022 年9月29日（星期四）下午15:30－16:55。 届时，公司董事会秘书、证券事务代表将通过网络文字交流形式与投资者进 行交流与沟通。欢迎广大投资 ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,779,880,500.43, representing a 17.55% increase compared to CNY 1,514,092,256.31 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was CNY 237,733,567.83, a 2.50% increase from CNY 231,938,269.92 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 208,824,460.56, up 13.67% from CNY 183,705,228.22 year-on-year[22]. - The net cash flow from operating activities was CNY 149,328,023.48, reflecting a 16.45% increase compared to CNY 128,230,673.49 in the same period last year[22]. - The total assets at the end of the reporting period were CNY 5,556,200,223.85, a 6.20% increase from CNY 5,231,763,147.47 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company were CNY 3,144,129,573.76, which is a 3.12% increase from CNY 3,049,147,219.05 at the end of the previous year[22]. - Basic earnings per share for the first half of 2022 were CNY 0.5937, up 1.75% from CNY 0.5835 in the same period last year[23]. - Diluted earnings per share were CNY 0.5884, an increase of 1.47% compared to CNY 0.5799 in the previous year[23]. - The operating profit reached 281 million RMB, with a year-on-year increase of 2.76%[38]. - Operating costs rose to ¥1,318,712,531.61, marking a 26.18% increase from ¥1,045,095,062.91 year-on-year[48]. - The company reported a significant reduction in financial expenses, down 85.00% to ¥2,509,119.65 from ¥16,729,938.65 last year, primarily due to the appreciation of the US dollar against the RMB[48][51]. Research and Development - The company added 12 invention patents and 22 utility model patents during the reporting period, maintaining a focus on independent research and development[42]. - Research and development expenses for the first half of 2022 were ¥84,099,596.82, down from ¥92,210,296.50, a decrease of 8.8%[198]. - Research and development expenses were ¥48,462,572.66, down from ¥64,095,203.04, indicating a reduction of about 24.5%[200]. Market and Production Capacity - The production capacity of aluminum electrolytic capacitors exceeded 6.5 billion units, making the company the largest in China in this sector[38]. - The aluminum foil production capacity increased by 38% year-on-year, ensuring stable supply for high-end markets[41]. - The company’s market demand for industrial control capacitors grew significantly, with order quantity and value increasing by 104.07%[40]. - The global demand for aluminum electrolytic capacitors is projected to reach 173 billion units by 2025, with a compound annual growth rate of 5.6% from 2020 to 2025[30]. Environmental Responsibility - The company is committed to environmental protection and has established a green factory initiative[79]. - The company has not experienced any environmental pollution incidents or exceeded discharge standards during the reporting period[79][84]. - Jiangsu Lifeng publicly discloses various environmental protection information, including hazardous waste management and air pollution reduction measures[97]. - The company has developed comprehensive emergency response plans for environmental incidents, ensuring efficient handling of emergencies[108][121]. - The company’s subsidiaries achieved full compliance in environmental testing conducted by qualified agencies, with all results meeting standards[109][117][121]. Corporate Governance and Shareholder Information - The company committed to long-term stockholding by its major shareholders, ensuring compliance with regulations regarding stock reduction after the lock-up period[126]. - The company has established measures to prevent and avoid competition with its subsidiaries, ensuring no new entities will be created that could compete directly with its operations[132]. - The company has pledged to compensate investors for any losses incurred due to false statements or omissions in its prospectus, ensuring accountability[129]. - The largest shareholder, Hunan Aihua Holdings Co., Ltd., holds 189,903,063 shares, accounting for 47.38% of total shares[154]. - The company reported no significant impact on earnings per share or net asset value due to the share changes during the reporting period[153]. Investment and Financial Instruments - The company issued convertible bonds totaling 6.91 billion yuan, with a maturity of 6 years and an annual interest payment structure[165]. - The cumulative number of shares converted from the convertible bonds reached 10,815,501, accounting for 2.77% of the company's total issued shares prior to conversion[167][170]. - The company maintains a credit rating of AA for both its corporate entity and the issued convertible bonds, with a stable outlook[176]. - The total amount of unconverted bonds at the end of the reporting period was 462.76 million yuan, representing 66.97% of the total issued convertible bonds[170]. Risk Management - The company has detailed potential risks in the report, which investors should be aware of[8]. - The company plans to mitigate risks from raw material price fluctuations by strengthening cooperation with strategic suppliers and enhancing supply chain management[67]. - The company is facing potential risks from rising electricity costs, which could impact gross margins, and is working on energy efficiency improvements[68]. - The company has a strategy to diversify settlement currencies to mitigate risks from exchange rate fluctuations, particularly with the rising RMB against the USD[67].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 869,316,471.71, representing a year-on-year increase of 28.95%[6] - The net profit attributable to shareholders of the listed company was RMB 114,865,010.03, with a growth of 1.85% compared to the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 93,031,253.84, reflecting an increase of 11.62%[6] - Basic earnings per share for the quarter were RMB 0.2866, showing a slight increase of 1.13%[6] - The diluted earnings per share were RMB 0.2846, compared to RMB 0.42 in the same period last year[9] - The weighted average return on net assets was 3.77%, a decrease of 0.47 percentage points compared to the previous year[9] - The total comprehensive income for Q1 2022 was 116,651,589.43 CNY, compared to 113,551,280.28 CNY in Q1 2021, reflecting an increase of approximately 2.3%[32] Cash Flow and Investments - The net cash flow from operating activities decreased significantly by 72.37%, amounting to RMB 28,225,433.95, primarily due to increased raw material procurement to mitigate supply chain risks caused by the pandemic[6][11] - Cash inflow from operating activities totaled 506,911,857.74 CNY, up from 454,156,653.29 CNY in Q1 2021, indicating a growth of approximately 11.6%[36] - The net cash flow from operating activities decreased to 28,225,433.95 CNY in Q1 2022, down from 102,159,795.97 CNY in Q1 2021, a decline of about 72.3%[36] - The company achieved cash inflow from investment activities of 292,685,565.42 CNY, compared to 310,954,636.25 CNY in the previous year, a decrease of approximately 5.9%[36] - The net cash flow from investment activities improved to 97,112,127.04 CNY in Q1 2022, compared to a negative cash flow of -99,491,098.99 CNY in Q1 2021[36] - The company raised 100,000,000.00 CNY through borrowings in Q1 2022, significantly higher than 5,000,000.00 CNY in Q1 2021[38] - The company reported a cash outflow from financing activities of 36,479,654.35 CNY in Q1 2022, a decrease from 40,729,112.11 CNY in Q1 2021, indicating a reduction of about 8.2%[38] Assets and Liabilities - Total assets at the end of the quarter reached RMB 5,551,592,092.30, up 6.11% from the end of the previous year[9] - The equity attributable to shareholders of the listed company was RMB 3,142,552,532.47, an increase of 3.06% year-on-year[9] - Total liabilities rose to ¥2,366,029,536.80, compared to ¥2,140,912,484.79, marking an increase of 10.5%[26] - The company's total assets increased to ¥5,551,592,092.30 from ¥5,231,763,147.47, reflecting a growth of 6.1%[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,464[14] - The largest shareholder, Hunan Aihua Holdings Co., Ltd., holds 190,493,063 shares, accounting for 47.53% of total shares[14] - The company has repurchased a total of 2,280,043 shares, representing 0.57% of the total share capital, with a total expenditure of approximately RMB 74.09 million[18] Research and Development - Research and development expenses for Q1 2022 were ¥42,407,887.57, up from ¥40,648,582.01 in Q1 2021, indicating a 4.3% increase[30] Other Financial Metrics - Financial expenses for Q1 2022 were ¥8,695,215.69, significantly higher than ¥3,574,716.14 in Q1 2021, reflecting an increase of 143.5%[30] - The company reported an investment income of ¥15,849,982.25 for Q1 2022, compared to ¥7,982,934.22 in Q1 2021, representing a growth of 98.4%[30] - Deferred income tax liabilities decreased to ¥10,189,222.19 from ¥12,148,172.25, a reduction of 16.1%[26]

证券代码： 603989 证券简称：艾华集团 公告编号：2022-036 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 关于接待机构调研情况的公告 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。 湖南艾华集团股份有限公司（以下简称"公司"）于2022年4月7日通过电 话会议交流形式接待了机构调研，现将情况公告如下： 一、调研情况 （一）时间：2022 年 4 月 7 日 （二）调研形式：电话会议 （三）公司参会人员及职务：董事会秘书艾燕、副总裁张中伟、财务总监吴 松青、投资总监刘聪颖 （四）调研机构名称及参会人员（排名不分先后）：安信基金徐孙昱，博时 基金张健，财信证券彭志明，大成基金侯春燕、李磊、魏庆国，大岩资本刘洁， 德邦基金祝捷，德邦资管杜厚良，笃诚投资唐琪，歌汝投资阮辽远，格林基金宋 宾煌，工银理财刘欣，工银瑞信郝瑞，固禾资产文雅，光大保德信基金魏宏达， 国泰基金孙家旭，红土创新杨一，华融庞立永，华商基金刘力，华泰柏瑞莫倩， 华夏基金刘沛奕、陆晓天、刘沛奕，华夏未来丁鑫，汇添富徐延锋，建信 ...

Financial Performance - In 2021, the company achieved a revenue of 3.234 billion, representing a year-on-year growth of 28.51%[3] - The operating profit for 2021 was 569 million, with a year-on-year increase of 28.25%[3] - The company's operating revenue for 2021 was ¥3,234,095,652.09, representing a 28.51% increase compared to ¥2,516,603,152.67 in 2020[34] - The net profit attributable to shareholders for 2021 was ¥487,328,815.66, up 28.05% from ¥380,580,551.53 in 2020[34] - The net cash flow from operating activities for 2021 was ¥290,936,576.96, reflecting a 10.37% increase from ¥263,611,145.06 in 2020[34] - The total assets at the end of 2021 were ¥5,231,763,147.47, a 20.30% increase from ¥4,349,108,301.34 at the end of 2020[37] - The basic earnings per share for 2021 was ¥1.22, which is a 26.10% increase compared to ¥0.97 in 2020[37] - The weighted average return on equity for 2021 was 17.09%, an increase of 1.52 percentage points from 15.57% in 2020[37] - The net profit after deducting non-recurring gains and losses for 2021 was ¥369,445,310.29, which is a 15.78% increase from ¥319,098,066.37 in 2020[34] - The net profit reached ¥489,985,333.11, marking a year-on-year increase of 27.87%[74] Market Expansion and Product Development - The company successfully entered the supply chain of leading global photovoltaic enterprises in 2021, enhancing its market presence in various sectors such as automotive, industrial control, lighting, and charging[4] - The company plans to continue expanding its market presence and invest in new product development[34] - The company is actively expanding into new market areas, contributing to the overall revenue growth[84] - The company plans to expand production capacity for key products, particularly in the home appliance, industrial, and new energy vehicle sectors[143] - The company aims to enhance supply chain security by investing in the expansion of key raw materials, specifically aluminum foil[143] - The company is committed to increasing R&D investment to identify new market opportunities and enhance product quality and service[147] Research and Development - The company has initiated a project-based upgrade in R&D, leading to a higher output of research results and the introduction of more excellent products to meet market demands[7] - The company holds a total of 326 valid patents as of December 31, 2021, including 56 invention patents[51] - The company has a strong R&D team with 565 researchers and has received multiple honors, including being recognized as a national technology innovation demonstration enterprise[66] - Total R&D expenses amounted to ¥174,057,131.35, which is 5.38% of operating revenue[93] - The number of R&D personnel is 565, making up 11% of the total workforce[94] Corporate Governance and Management - The company adheres to strict corporate governance practices, ensuring compliance with relevant laws and regulations, and maintaining transparency in operations[150] - The board of directors and supervisory board operate independently, ensuring no undue influence from the controlling shareholder[152] - The company actively engages with investors, providing timely and transparent information to protect their rights and interests[153] - The company has established measures to ensure the independence of its assets, personnel, and operations, with no significant differences from regulatory requirements[156] - The company has appointed new independent directors and supervisors during the 2021 annual general meeting[162] - The company’s management compensation is primarily based on its actual performance and profitability[178] Risks and Challenges - The company faces risks from fluctuations in downstream industry demand, which could significantly impact overall performance due to the cyclical nature of the aluminum electrolytic capacitor industry[144] - Increased competition in the electronic components manufacturing sector, particularly in the mid-to-high-end market, poses a threat to the company's market share and industry leadership[144] - Labor resource shortages and rising labor costs are concerns, prompting the company to enhance automation and improve operational efficiency to mitigate these risks[147] - Raw material price volatility is a significant risk, as raw material costs constitute a high proportion of total production costs; the company is focusing on increasing self-supply rates and managing procurement costs[148] Employee and Workforce Management - The total number of employees in the parent company and major subsidiaries is 5,176[200] - The number of employees with a bachelor's degree or above is 628[200] - The company has established a compensation structure based on job qualifications and performance evaluation[200] - The company provides various social insurance and supplementary medical insurance for employees[200] - The workforce includes 191 sales personnel, 602 technical personnel, 41 financial personnel, 598 administrative personnel, and 526 quality inspection personnel[200] Future Outlook - The company is committed to enhancing shareholder value through disciplined financial management and strategic investments[168] - The management provided guidance for the upcoming quarter, projecting a revenue increase of approximately 10% year-over-year[168] - Future outlook includes plans for market expansion and potential mergers and acquisitions to enhance growth opportunities[168] - The company emphasized the importance of strategic partnerships to leverage market presence and enhance product offerings[168]

Financial Performance - The company's operating revenue for Q3 2021 reached ¥866,525,508.51, representing a year-on-year increase of 29.21%[6] - The net profit attributable to shareholders for Q3 2021 was ¥124,966,103.56, reflecting a growth of 37.25% compared to the same period last year[6] - The basic earnings per share for Q3 2021 was ¥0.3128, an increase of 41.92% year-on-year[9] - The company reported a net profit attributable to shareholders for the year-to-date of ¥356,904,373.48, which is a 33.44% increase year-on-year[6] - The diluted earnings per share for Q3 2021 was ¥0.3089, up by 40.15% compared to the same period last year[9] - Total operating revenue for the first three quarters of 2021 reached ¥2,380,617,764.82, a significant increase from ¥1,748,554,402.07 in the same period of 2020, representing a growth of approximately 36.2%[35] - The net profit for the third quarter of 2021 was CNY 359,759,668.66, an increase of 33.5% compared to CNY 269,350,226.50 in the same period of 2020[40] - The operating profit reached CNY 418,548,445.44, up from CNY 311,090,854.60, reflecting a growth of 34.5% year-over-year[40] - The total revenue from operating activities was CNY 1,652,396,840.94, compared to CNY 1,310,156,690.34 in the previous year, marking an increase of 26.1%[43] - Basic earnings per share increased to CNY 0.8963 from CNY 0.6726, representing a growth of 33.4%[40] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,910,035,839.76, marking a 12.90% increase from the end of the previous year[9] - The company's total assets increased to ¥4,910,035,839.76 in Q3 2021, compared to ¥4,349,108,301.34 in Q3 2020, marking a growth of about 12.9%[33] - Total liabilities reached ¥1,921,331,534.89 in Q3 2021, up from ¥1,652,215,644.34 in Q3 2020, which is an increase of approximately 16.3%[33] - The cash and cash equivalents at the end of the period amounted to 236,707,492.56 RMB, down from 246,893,213.94 RMB, reflecting a net decrease of 112,492,384.77 RMB[45] - Total current assets were reported at 3,148,981,171.17 RMB, remaining unchanged from the previous period[45] - Non-current assets totaled 1,200,127,130.17 RMB, with a slight increase to 1,229,114,860.82 RMB due to new lease accounting adjustments[47] - Total liabilities amounted to 1,652,215,644.34 RMB, slightly increasing to 1,681,203,374.99 RMB, primarily driven by changes in non-current liabilities[49] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥322,366,650.52, showing a growth of 15.16%[9] - Cash flow from operating activities generated a net amount of CNY 322,366,650.52, compared to CNY 279,922,449.05 in the same quarter last year, indicating a rise of 15.1%[43] - The cash inflow from investment activities was CNY 787,597,522.30, while cash outflow was CNY 1,090,594,648.52, resulting in a net cash flow of -CNY 302,997,126.22 for investment activities[43] - The net cash flow from financing activities was -130,585,002.94 RMB, compared to -130,222,133.40 RMB in the previous period, indicating a slight decrease in financing activities[45] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,681[15] - The first major shareholder, Hunan Aihua Holdings Co., Ltd., holds 47.68% of the shares, with 14.5 million shares pledged[20] Investments and Projects - The company completed the "Horn-type aluminum electrolytic capacitor expansion project" with a total investment of CNY 88.07 million, and the remaining funds were CNY 0.14 million[21] - The "Layered sheet solid aluminum electrolytic capacitor production project" has a planned investment of CNY 108 million, with only CNY 0.31 million invested so far, leaving CNY 115.83 million remaining[21] - The subsidiary Mianyang Zijiang Electronics has a total investment of approximately CNY 150 million for its relocation and expansion project, with CNY 38.73 million invested to date[22] - The "Rongze aluminum foil third phase 20 lines of chemical foil project" was fully put into production with an actual investment of CNY 155 million[24] Operational Insights - The company attributed the revenue growth to increased orders from downstream industrial clients and successful market expansion efforts[14] - The company plans to expand its market presence and invest in new technologies, although detailed strategies were not specified in the report[35] - The company has seen an increase in accounts payable, which rose to ¥486,070,600.46 in Q3 2021 from ¥391,545,172.14 in Q3 2020, reflecting a growth of approximately 24.1%[33] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 1,620,667,885.27, compared to CNY 1,242,211,676.37 in the same period last year, an increase of 30.4%[43] Research and Development - Research and development expenses amounted to ¥134,712,146.26 in the first three quarters of 2021, up from ¥116,316,386.32 in the previous year, reflecting a growth of approximately 15.8%[35] Accounting Changes - The company implemented new lease accounting standards starting January 1, 2021, affecting the financial statements without retroactive adjustments[52]