青岛威奥轨道股份有限公司 2023 年第一次临时股东大会 会议资料 二 O 二三年八月二十三日 | 2023 | 年第一次临时股东大会会议须知 2 | | --- | --- | | 2023 | 年第一次临时股东大会会议议程 4 | | 2023 | 年第一次临时股东大会会议审议事项 6 | | | 议案一：关于公司全资子公司收购帝人汽车技术（唐山）有限公司股权的议案 7 | 青岛威奥轨道股份有限公司 2023 年第一次临时股东大会会议资料 青岛威奥轨道股份有限公司 2023 年第一次临时股东大会会议须知 为了维护青岛威奥轨道股份有限公司（以下简称"公司"）全体股东的合法 权益，确保股东大会的正常秩序和议事效率，保证大会的顺利进行，根据中国证 监会《上市公司股东大会规则》规定和《公司章程》、《股东大会议事规则》等相 关法律法规和规定，特制定本须知，望全体股东及其他有关人员严格遵守： 一、为保证本次大会正常进行，除出席现场会议的股东及股东代理人（以下 简称"股东"）、董事、监事、高级管理人员、公司聘请的律师及公司董事会认 可的人员以外，公司有权依法拒绝其他人士入场。股东进入会场后，请自觉关闭 手机或调至振动状 ...

证券代码：605001 证券简称：威奥股份 公告编号：2023—049 青岛威奥轨道股份有限公司 关于使用闲置募集资金进行现金管理到期赎回 并继续进行现金管理的公告 一、本次委托理财到期赎回的情况 2023 年 5 月 11 日，公司向中信银行青岛宁夏路支行购买了 16,000 万元的保本浮动收益型理财产品，具体内容详见公司在上海 证券交易所官方网站（www.sse.com.cn）披露的《关于使用闲置募 集资金进行现金管理的公告》（公告编号：2023-029）。上述理财 产品已于 2023 年 8 月 10 日到期，公司已赎回本金 16,000 万元，并 获得理财收益 1,065,205.48 元，与预期收益不存在重大差异。本金 及收益已归还至募集资金账户。 二、本次继续使用部分闲置募集资金委托理财概况 （一）委托理财目的 为充分发挥募集资金使用效率、适当增加收益、减少财务费用等 目的，在确保不影响公司正常经营、不影响募集资金项目建设和募集 资金使用计划的前提下，公司使用部分暂时闲置募集资金进行现金管 理，获得一定的投资收益，为公司和股东谋取更多的投资回报。 （二）资金来源 本公司董事会及全体董事保证本公告内 ...

证券代码：605001 证券简称：威奥股份 公告编号：2023-030 青岛威奥轨道股份有限公司 投资者可于 2023 年 05 月 17 日(星期三) 至 05 月 23 日(星期 二)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 zqtz@victall.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。 青岛威奥轨道股份有限公司（以下简称"公司"）已于 2023 年 4 月 27 日披露公司 2022 年度报告及 2023 年第一季度报告，为便于广 大投资者更全面深入地了解公司 2022 年度和 2023 年第一季度业绩 和经营情况，公司计划于 2023 年 05 月 24 日上午 10:00-11:00 举行 2022 年度暨 2023 年第一季度业绩说明会，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式召开，公司将针对 2022 年度 和 2023 年第一季度业绩和经营情况与投资者进行互动交流和沟通， 在信息披露允许的范围内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 关于召开 2022 年度暨 2 ...

Financial Performance - In 2022, the company reported a net loss attributable to shareholders of CNY 113,790,761.47, with a cumulative undistributed profit of CNY 430,375,961.28 at year-end[6]. - The company achieved operating revenue of CNY 796,857,234.09 in 2022, an increase of 29.58% compared to the previous year[23]. - The net profit attributable to shareholders was a loss of CNY 113,790,761.47, showing improvement from a loss of CNY 206,428,786.31 in 2021[24]. - The net cash flow from operating activities was a negative CNY 101,628,345.66, which is an improvement from the previous year's negative CNY 134,698,850.49[24]. - The company reported a basic earnings per share of -CNY 0.29, improving from -CNY 0.53 in 2021[24]. - The total assets at the end of 2022 were CNY 4,445,137,867.41, a decrease of 2.17% from the previous year[23]. - Operating costs increased by 21.87% to CNY 661,775,448.78, primarily due to the rise in operating revenue[59]. - The company achieved operating revenue of CNY 796,857,234.09, representing a year-on-year increase of 29.58%, while the net profit attributable to shareholders was a loss of CNY 113,790,761.47[58]. Risk Management - There were no significant risks that materially affected the company's operations during the reporting period[10]. - The company emphasizes the importance of risk awareness regarding future development plans and strategies, advising investors to be cautious[7]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[8]. - The company has maintained compliance with decision-making procedures regarding external guarantees[9]. - The company faces risks from potential changes in industrial policies that could impact the rail transit sector, affecting market conditions and growth opportunities[94]. - Increased market competition poses a risk, as new entrants may emerge if the company fails to maintain its technological and service advantages[95]. - The company has a high customer concentration risk, primarily relying on major vehicle manufacturers, which could impact performance if these customers face difficulties[96]. - Fluctuations in raw material prices could adversely affect production costs and overall financial performance[97]. - The company emphasizes the importance of product quality and safety, as any defects could harm reputation and operational stability[98]. Research and Development - The company is committed to R&D innovation, focusing on lightweight, modular, intelligent, and environmentally friendly products, with significant developments in high-speed trains and health cabins[37]. - The company has implemented digital transformation initiatives to enhance management efficiency and cost control, utilizing systems like SAP and CRM[35]. - The company aims to improve product quality through comprehensive quality control and lean production practices, setting specific quality performance targets for 2022[36]. - The company’s R&D expenses rose by 5.17% to CNY 66,403,031.04, reflecting ongoing investment in new product development[60]. - The company is committed to continuous R&D investment to keep pace with industry advancements and maintain product leadership[43]. - The company is actively pursuing new product development and market expansion strategies to enhance its competitive position[24]. Corporate Governance - The company has held two shareholder meetings and 13 board meetings in the reporting period, ensuring compliance with governance standards[108][109]. - The company maintains transparency in information disclosure, ensuring that all shareholders have equal access to relevant information[114]. - The company has not experienced any insider trading incidents related to sensitive information disclosure during the reporting period, ensuring fair information disclosure principles are maintained[115]. - The company has confirmed the reappointment of its auditing firm for the fiscal year 2022, ensuring continuity in financial oversight[117]. - The company has established a comprehensive performance evaluation system for senior management, aligning compensation with company performance and strategic outcomes[150]. - The company has implemented a unified management control system for its subsidiaries to ensure compliance with overall strategic development and risk management[152]. Environmental Responsibility - The company is committed to green development and has adopted advanced technologies to reduce VOC emissions, meeting regulatory requirements[161]. - The company has developed an emergency response plan for environmental incidents, which has been filed with local government departments and is regularly updated[158]. - The subsidiary, Luomei Wiao, is classified as a key pollutant discharge unit and has obtained the necessary discharge permits, with no significant penalties for environmental issues during the reporting period[155]. - Luomei Wiao has installed advanced pollution control facilities, including high-efficiency exhaust treatment equipment, and has real-time monitoring systems in place[156]. - The company invested a total of 12.388 million yuan in environmental protection funds during the reporting period[154]. Market Expansion and Strategy - The company plans to expand into new business areas, including the oxygen health cabin, contributing to revenue growth[24]. - The company is focusing on stabilizing its core business while expanding into new markets, particularly overseas and domestic subway markets[33]. - The company anticipates a steady growth in the domestic rail transit industry during the 14th Five-Year Plan period, with an estimated annual demand of approximately ¥20 billion for new passenger rail vehicles in overseas markets[86]. - The company aims to leverage the rapid growth opportunities in the rail transit industry, focusing on international first-class technology to develop modular products and become a globally recognized supplier[89]. - The company is actively promoting a solar photovoltaic power generation project, which is currently in the planning stage and will be fully implemented in 2023[162]. Employee and Management - The total number of employees in the parent company and major subsidiaries was 2,263, with 1,120 in the parent company and 1,143 in subsidiaries[142]. - The company’s employee composition included 1,507 production staff, 160 sales personnel, and 254 technical staff[142]. - The training program for 2022 achieved a completion rate of 100%, focusing on various skills and safety training[145]. - The actual payment of remuneration for directors and senior management was timely and in full[130]. Financial Compliance and Audit - The internal control audit report issued by the auditing firm was a standard unqualified opinion, indicating effective internal controls over financial reporting[153]. - The company has not faced any penalties from securities regulatory agencies in the past three years[132]. - The company has not experienced any major accounting errors that would require correction during the reporting period[191]. - The company has not faced any delisting risk warnings during the reporting period[194]. - The company has complied with all relevant regulations regarding share reduction and has communicated intentions to reduce shares in accordance with legal requirements[181].

Financial Performance - The company's operating revenue for Q1 2023 was ¥123,387,047.08, representing a year-on-year increase of 62.71%[5] - The net profit attributable to shareholders was -¥40,275,089.44, with a basic earnings per share of -¥0.10[5] - The company's total revenue for the first quarter of 2023 is yet to be disclosed in the provided documents[20] - Total operating revenue for Q1 2023 reached ¥123,387,047.08, a significant increase from ¥75,833,115.62 in Q1 2022, representing a growth of approximately 62.5%[21] - Total operating costs increased to ¥185,580,864.82 in Q1 2023 from ¥161,626,705.65 in Q1 2022, marking a rise of about 14.8%[22] - Net profit for Q1 2023 was reported at -¥41,950,046.12, an improvement compared to -¥54,979,199.06 in Q1 2022, indicating a reduction in losses of approximately 23.6%[22] - The company's basic earnings per share for Q1 2023 was reported at -¥0.10, an improvement from -¥0.14 in Q1 2022[23] Cash Flow and Investments - The net cash flow from operating activities was ¥32,642,816.44, showing a decrease of 27.60% compared to the previous year[5] - The company recorded a net cash flow from operating activities of ¥32,642,816.44 in Q1 2023, down from ¥45,083,708.22 in Q1 2022[26] - Cash and cash equivalents at the end of Q1 2023 totaled ¥281,622,660.37, compared to ¥329,005,844.47 at the end of Q1 2022, reflecting a decrease of about 14.4%[27] - Investment cash inflows for Q1 2023 amounted to ¥741,771,949.58, up from ¥468,829,698.88 in Q1 2022, showing an increase of approximately 58.1%[27] - The company reported a net cash outflow from investing activities of -¥35,159,193.37 in Q1 2023, compared to -¥43,210,046.20 in Q1 2022, indicating a decrease in cash outflow of about 18.7%[27] - Financing activities generated a net cash inflow of ¥34,779,999.50 in Q1 2023, contrasting with a net cash outflow of -¥17,071,025.95 in Q1 2022[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,418,370,432.12, a decrease of 0.60% from the end of the previous year[6] - The company's current assets totaled RMB 2,783,826,713.01, down from RMB 2,844,499,574.69 at the end of 2022, indicating a decrease of about 2.1%[17] - Total liabilities as of March 31, 2023, were RMB 1,949,324,307.98, compared to RMB 1,933,477,041.56 at the end of 2022, showing an increase of approximately 0.8%[19] - The company's equity attributable to shareholders decreased to RMB 2,456,760,105.49 from RMB 2,497,699,850.52, a decline of about 1.6%[19] - The short-term borrowings increased to RMB 965,743,166.67 from RMB 912,054,805.31, representing an increase of approximately 5.9%[18] Shareholder Information - The company reported a total of 22,922 common shareholders at the end of the reporting period[12] - The top shareholder, Su Qingyan, holds 25.10% of the shares, with 98,619,925 shares pledged[13] Operational Insights - The increase in operating revenue was primarily due to an increase in orders during the reporting period[10] - The company has not reported any significant new product developments or market expansion strategies in the current quarter[15] - The company did not conduct an audit for the Q1 financial report[4] Inventory and Receivables - The company's inventory rose to RMB 843,472,972.82, up from RMB 775,425,748.60, marking an increase of about 8.8%[17] - The accounts receivable decreased to RMB 751,187,538.26 from RMB 791,095,596.22, indicating a decrease of about 5.0%[17] - Cash and cash equivalents increased to RMB 320,774,653.62 from RMB 311,430,140.15, reflecting an increase of approximately 3.4%[17]

2022 年第三季度报告 证券代码：605001 证券简称：威奥股份 青岛威奥轨道股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 单位：元 币种：人民币 | 项目 | 本报告期金额 | 年初至报告期末金额 | 说明 | | --- | --- | --- | --- | | 非流动性资产处置损 | - | -22,412.08 | | | 益 | | | | | 越权审批，或无正式 | | | | | 批准文件，或偶发性 | | | | | 的税收返还、减免 | | | | | 计入当期损益的政府 | | ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2022, achieving a total of 1.2 billion RMB, representing a growth of 15% compared to the same period last year[1]. - The company achieved operating revenue of CNY 260,036,428.01 in the first half of 2022, representing a 19.33% increase compared to CNY 217,921,594.10 in the same period last year[21]. - The net profit attributable to shareholders was a loss of CNY 92,988,918.60, which is a slight improvement from a loss of CNY 100,948,416.42 in the previous year[21]. - The net cash flow from operating activities was CNY 19,106,449.83, a significant increase from a negative cash flow of CNY 83,515,091.24 in the same period last year[21]. - The company's total assets decreased by 3.53% to CNY 4,383,650,298.10 from CNY 4,543,923,959.02 at the end of the previous year[21]. - The weighted average return on net assets was -3.63%, a decrease of 0.05 percentage points compared to -3.58% in the same period last year[23]. - The basic earnings per share for the first half of 2022 was -CNY 0.24, slightly improved from -CNY 0.26 in the previous year[22]. - The company reported a significant reduction in accounts receivable by 30.08%, down to RMB 111,846,509.34 from RMB 159,970,233.17[61]. - The company's total liabilities decreased to CNY 1,856,908,382.00 from CNY 1,924,460,277.58, indicating a reduction in financial obligations[135]. - The company's equity attributable to shareholders decreased to CNY 2,514,922,075.34 from CNY 2,607,236,343.94, a decline of about 3.55%[135]. Market Expansion and Strategy - The company has set a future outlook with a revenue target of 2.5 billion RMB for the full year 2022, which would require a 10% increase in the second half of the year[1]. - The company is actively pursuing market expansion, with plans to enter two new international markets by the end of 2022[1]. - A strategic acquisition of a local competitor is in progress, which is projected to increase market share by 5%[1]. - The company is involved in the design, manufacturing, and supply of products for various high-speed train projects, contributing to the development of China's high-speed rail industry[29]. - The company is actively expanding its market presence in urban rail maintenance and repair, targeting cities with significant metro investment[49]. Research and Development - The company has invested 100 million RMB in R&D for new technologies aimed at improving product quality and reducing production costs by 15%[1]. - The company has established a comprehensive R&D center with various specialized departments to enhance product innovation and quality management, adhering to ISO9001 and IRIS standards[30]. - The company has a project-based management system in its R&D center, linking employee compensation to project performance, which fosters internal competition and innovation[30]. - The company has developed new products such as intelligent seating for rail vehicles and health cabins, focusing on lightweight, modular, and environmentally friendly designs[42]. - Research and development expenses decreased by 16.49% to RMB 25,460,685.90 from RMB 30,489,085.80 in the previous year[58]. Sustainability and Environmental Initiatives - The management highlighted a focus on sustainability initiatives, aiming to reduce carbon emissions by 25% over the next three years[1]. - The company achieved a reduction in electricity consumption of 968,000 kWh in the first half of 2022 compared to the same period in 2021, resulting in a decrease of 680.988 tons of CO2 emissions[95]. - The company has implemented a self-monitoring plan for environmental emissions, which is reported to local ecological environment departments[92]. - The VOCs emission rates from the waste gas treatment facilities are significantly below environmental standards, improving pollution control efficiency[94]. - The company has developed an emergency response plan for environmental incidents, which has been filed with local government and is regularly updated[91]. Risks and Challenges - The company faces risks from potential changes in industrial policies affecting the rail transportation equipment manufacturing sector[69]. - Market competition is intensifying, with new entrants potentially impacting the company's market share if it fails to adapt its strategies[70]. - The company has a high customer concentration risk, primarily relying on major manufacturers like CRRC for orders[71]. - Raw material price fluctuations pose a risk to production costs, which could adversely affect operating performance[72]. - The ongoing global COVID-19 pandemic poses challenges, with potential delays in project delivery impacting operational performance[81]. Corporate Governance and Compliance - The company has established a corporate governance structure including a shareholders' meeting, board of directors, and supervisory board[168]. - The company confirmed that there are no false records, misleading statements, or significant omissions in the prospectus for its initial public offering[104]. - The company will ensure that any related transactions with controlled entities will comply with national laws and regulations[103]. - The company has not faced any penalties or corrective actions related to legal violations during the reporting period[111]. - The company has not engaged in any significant related party transactions during the reporting period[112]. Shareholder Information - The total number of common shareholders as of the end of the reporting period is 22,058[120]. - The largest shareholder, Su Qingyan, holds 97,869,925 shares, representing 24.91% of the total shares[122]. - The second-largest shareholder, Tangshan Ruize Equity Investment Management Center, holds 59,543,300 shares, representing 15.16% of the total shares, with a reduction of 2,000,000 shares during the reporting period[122]. - The company has established a concerted action agreement among major shareholders, including Su Qingyan, Sun Hanben, and Sun Jilong, to maintain unified control over management decisions[128]. - The company has not distributed any dividends or made any allocations to shareholders during the reporting period[160].

Financial Performance - In 2021, the company reported a net profit attributable to shareholders of -206,428,786.31 CNY, with a cumulative undistributed profit of 544,166,722.75 CNY at year-end[4]. - The company will not distribute profits or increase capital reserves due to the negative net profit for 2021[4]. - The company's operating revenue for 2021 was CNY 614,940,035.10, a decrease of 47.12% compared to the previous year[22]. - The net profit attributable to shareholders was CNY -206,428,786.31, representing a decline of 224.84% year-on-year[22]. - The net cash flow from operating activities was CNY -134,698,850.49, down 98.82% from the previous year[23]. - The total assets at the end of 2021 were CNY 4,543,923,959.02, a decrease of 6.92% from the previous year[23]. - The basic earnings per share for 2021 was CNY -0.53, a decline of 186.89% compared to 2020[24]. - The company reported a non-operating loss of RMB 1,772,089.98 from the disposal of non-current assets, contrasting with a gain of RMB 88,168,847.37 in 2020[31]. - The company recorded a government subsidy income of RMB 8,082,547.32, down from RMB 20,304,900.90 in the previous year[31]. - The company achieved operating revenue of RMB 614,940,035.10, with a net profit attributable to shareholders of RMB -206,428,786.31 for the reporting period[35]. Operational Highlights - The production of railway EMUs in 2021 was 1,021 units, a decrease of 50.34% compared to 2020[26]. - The company's core business, which includes EMU supporting products and maintenance, accounted for 34.74% of total revenue in 2021, down from 73.98% in 2020[25]. - The company completed several key projects, including the delivery of CRH380B (L) high-speed trains and various metro products across North America and Europe[36]. - The company is currently developing new products such as the CR450 next-generation high-speed train interior and exterior products, and various metro interior projects in Europe and the US[37]. - The company acquired 100% of Shanghai Yuehe Rail Transit Technology Co., Ltd., entering the Shanghai metro maintenance market, which has the largest rail transit fleet in China[38]. - The company is expanding into the health sector by developing intelligent health hardware, specifically the oxygen health cabin, and has successfully launched a series of products with 5 authorized patents[38]. Market and Strategic Initiatives - The company is actively expanding into the urban rail transit sector, with a market potential of nearly CNY 350 billion from 43 projects in 2021[27]. - The company plans to increase investment in urban rail transit to mitigate the impact of declining high-speed rail business[27]. - The company is focusing on optimizing product quality, cost, and delivery timelines to enhance competitiveness in a challenging economic environment[35]. - The company has established stable partnerships with major domestic manufacturers and has become a global strategic partner for Siemens and Alstom, enhancing its market presence[63]. - The company is exploring potential acquisitions to enhance its product portfolio and market presence[158]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2023[159]. Research and Development - The company’s R&D expenses increased by 5.19% to CNY 63,140,215.07, reflecting ongoing investment in technology and product development[67]. - The company added 113 new authorized patents during the reporting period, strengthening its intellectual property portfolio[40]. - The company has been recognized as a National Industrial Design Center and National Enterprise Technology Center, reflecting its significant development advantages and leading technological innovation capabilities[40]. - The company is committed to continuous innovation and the integration of engineering technology with design art to enhance its core competitiveness[40]. - The company is actively developing a series of innovative smart products and maintenance devices that incorporate IoT and big data technologies[128]. Risk Management - There are no significant risks that materially affect the company's operations during the reporting period[7]. - The company emphasizes the importance of risk awareness regarding future development plans and strategies[5]. - The company has outlined potential risks in its management discussion and analysis section[7]. - Potential risks include changes in industrial policies that could adversely affect the rail transport industry and the company's market environment and growth prospects[133]. - The company faces risks from high customer concentration, primarily relying on major manufacturers like CRRC and Siemens, which could adversely affect its performance if these customers experience significant operational changes[135]. Governance and Compliance - All board members attended the board meeting, ensuring accountability for the report's content[8]. - The company held one shareholders' meeting during the reporting period, ensuring compliance with regulations and protecting the rights of all shareholders[147]. - The board of directors convened five times, with all members fulfilling their duties diligently and maintaining the company's operational integrity[148]. - The supervisory board met three times, ensuring compliance and legality in the company's financial management and major transactions[149]. - The company maintained transparency in information disclosure, adhering to legal requirements and ensuring timely access to information for all shareholders[151]. Environmental and Social Responsibility - The company has installed efficient pollution control facilities and has real-time monitoring systems in place to ensure compliance with environmental standards[185]. - The company aims to reduce carbon emissions by optimizing production processes and upgrading to energy-saving equipment, expecting to save approximately 5000 tons of water and 320,000 kWh of electricity annually[192]. - The company signed a five-year donation agreement with Beijing Jiaotong University, totaling RMB 1.5 million, to establish the "Weiao Education Fund" for scholarships and academic exchanges[195]. - The company has committed to using environmentally friendly raw materials to control pollution at the source and reduce hazardous waste generation[191].

Financial Performance - The company's operating revenue for Q1 2022 was ¥75,833,115.62, representing a decrease of 23.89% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥54,232,764.78, an increase of 19.17% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥66,136,979.39, reflecting a decrease of 5.61%[5]. - Total operating revenue for Q1 2022 was ¥75,833,115.62, a decrease of 24.0% compared to ¥99,635,902.28 in Q1 2021[18]. - Net loss for Q1 2022 was ¥54,979,199.06, compared to a net loss of ¥67,441,159.80 in Q1 2021, representing an improvement of 18.0%[19]. - The company's gross profit margin for Q1 2022 was approximately 51.0%, compared to 15.3% in Q1 2021[18]. - Basic earnings per share were -¥0.14, which is a 37.26% increase compared to the previous year, mainly due to an increase in the number of ordinary shares[5][8]. - Basic earnings per share for Q1 2022 was -¥0.14, an improvement from -¥0.22 in Q1 2021[20]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 239.70%, amounting to ¥45,083,708.22, primarily due to reduced payments related to operating activities and taxes[5][8]. - Cash inflow from operating activities in Q1 2022 was ¥263,755,140.16, down from ¥288,709,729.83 in Q1 2021[21]. - The company reported a total cash outflow from operating activities of $218,671,431.94, compared to $320,982,237.97 in the previous year, showing improved cash management[22]. - The company's cash and cash equivalents were reported at RMB 391,447,980.65, down from RMB 424,237,573.53 at the end of 2021[14]. - The company’s cash flow from financing activities included $14,425,941.70 in dividend payments, compared to $9,751,661.35 in the previous year, showing an increase in shareholder returns[22]. - The ending balance of cash and cash equivalents was $329,005,844.47, down from $395,289,284.36 in the previous year, indicating a decrease in liquidity[23]. - The company paid $13,553,435.50 in various taxes, a decrease from $31,750,021.91 in the previous year, reflecting potential tax efficiency[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,534,060,385.64, a slight decrease of 0.16% from the end of the previous year[6]. - The equity attributable to shareholders decreased by 2.09% to ¥2,549,656,029.66 compared to the end of the previous year[6]. - The total liabilities decreased from RMB 2,200,000,000 to RMB 2,000,000,000, indicating a reduction in financial obligations[15]. - The total liabilities as of Q1 2022 were ¥1,973,045,427.23, an increase from ¥1,925,067,307.47 in Q1 2021[16]. - The total assets as of March 31, 2022, were RMB 4,534,060,385.64, slightly down from RMB 4,541,351,665.50 at the end of 2021[15]. - The company's short-term borrowings decreased significantly to RMB 555,825,335.52 from RMB 702,731,190.64, a reduction of approximately 20.9%[15]. Shareholder Information - The company had a total of 23,763 common shareholders at the end of the reporting period[9]. - The top shareholder, Su Qingyan, holds 24.91% of the shares, amounting to 97,869,925 shares, with 9,000,000 shares pledged[10]. - The company reported a total of 10 major shareholders, with the largest shareholder holding 24.91% of the shares[11]. - The company has signed a concerted action agreement among major shareholders to maintain unified action regarding management matters[11]. Non-Recurring Items - Non-recurring gains and losses amounted to ¥11,904,214.61, with government subsidies contributing ¥843,511.23[7][8]. - The company reported an investment income of ¥11,096,150.93 in Q1 2022, compared to a loss of ¥1,201,871.74 in Q1 2021[18]. - The net cash flow from investment activities was -$43,210,046.20, an improvement from -$343,283,618.48 in the previous year, suggesting better management of investment cash flows[22]. - The company received $455,000,000.00 from investment recoveries, down from $627,000,000.00 year-over-year, indicating a decline in investment performance[22].

Financial Performance - In 2021, the company reported a net profit attributable to shareholders of -206,428,786.31 yuan, indicating a loss for the year[4]. - The company's operating revenue for 2021 was CNY 614,940,035.10, a decrease of 47.12% compared to the previous year[22]. - The net profit attributable to shareholders was CNY -206,428,786.31, representing a decline of 224.84% year-on-year[22]. - The net cash flow from operating activities was CNY -134,698,850.49, down 98.82% from the previous year[24]. - The basic earnings per share for 2021 was CNY -0.53, a decrease of 186.89% compared to 2020[24]. - The company's total assets at the end of 2021 were CNY 4,543,923,959.02, a decrease of 6.92% from the previous year[23]. - The weighted average return on equity was -7.45%, a decrease of 14.57 percentage points compared to 2020[24]. - The net profit after deducting non-recurring gains and losses was CNY -230,773,324.71, a decline of 554.11% year-on-year[23]. - The company's net assets attributable to shareholders decreased by 9.29% to CNY 2,607,236,343.94 at the end of 2021[23]. - The company achieved operating revenue of CNY 614,940,035.10, with a net profit attributable to shareholders of CNY -206,428,786.31 for the reporting period[35]. Risk Management - There were no significant risks that materially affected the company's operations during the reporting period[7]. - The company emphasizes the importance of risk awareness regarding future development plans and strategies[5]. - The company has outlined potential risks in its management discussion and analysis section[7]. - The company faces risks related to high customer concentration, primarily dependent on major manufacturers like CRRC and international players such as Siemens and Alstom[113]. - The company is addressing potential risks from raw material price fluctuations and product quality issues that could impact operational performance[114]. - The company is facing risks of declining product prices due to the requirements from the China National Railway Group, which may negatively impact its operating performance if procurement prices continue to decrease[115]. - The company has established a robust management system and organizational structure, but the expansion of asset and business scale poses higher demands on management capabilities, potentially leading to operational risks if not addressed[116]. - Continuous investment in technology innovation has allowed the company to maintain a leading edge in product technology, but failure to timely develop new technologies could reduce market competitiveness[117]. - The risk of bad debts from accounts receivable is low due to reputable clients, but increased accounts receivable with ineffective collection measures could adversely affect financial performance[118]. - The company faces risks from large inventory balances, which could impact cash flow and increase the risk of inventory write-downs as product orders grow[118]. Corporate Governance - All board members attended the board meeting, ensuring accountability for the annual report's content[8]. - The company confirmed no significant differences in governance compared to regulations set by the China Securities Regulatory Commission[131]. - The company did not engage in any similar or competitive business activities that could affect its independence[131]. - The company plans to continue enhancing its internal controls and compliance measures to prevent insider trading[131]. - The company has not reported any insider trading incidents that could impact its stock price during sensitive information disclosures[131]. - The company is committed to maintaining the fairness of information disclosure practices[131]. - The total remuneration for all directors, supervisors, and senior management was 5.8382 million yuan for the reporting period[144]. - The company’s governance structure includes a remuneration committee that aligns compensation with performance metrics and industry standards[144]. - The company has been proactive in reinforcing compliance measures among its executives to prevent future regulatory issues[145]. Innovation and R&D - The company has launched a series of oxygen health cabin products, obtaining 5 authorized patents, with positive market feedback[38]. - The company introduced several innovative products, including the new Olympic version of the Fuxing smart train and various intelligent control products for rail transit vehicles[39]. - The company added 113 new authorized patents during the reporting period, enhancing its intellectual property portfolio[40]. - The company is focusing on improving production efficiency through the implementation of a modular work hour pricing system[41]. - The company is committed to enhancing its core competitiveness by continuously exploring the integration of engineering technology and design art[40]. - The company is focused on continuous R&D investment to keep pace with cutting-edge technologies in the rail transportation sector[52]. - The company is actively developing a series of innovative smart products and smart operation devices utilizing IoT and big data technologies[106]. - The company aims to enhance its R&D capabilities for high-value-added products, focusing on innovative designs and sustainable materials for new generation high-speed trains[105]. Market Strategy - The company is actively expanding into the metro maintenance market by acquiring 100% of Shanghai Yuehe Rail Transit Technology Co., Ltd.[38]. - The company plans to leverage the growing demand in the rail transit industry, with an estimated annual demand of approximately 20 billion yuan for new passenger rail vehicles during the 14th Five-Year Plan period[99]. - The high-speed rail mileage is expected to reach 70,000 kilometers by 2035, with a projected new mileage of about 12,000 kilometers during the 14th Five-Year Plan, indicating ongoing growth in the sector[100]. - The company aims to expand its international market presence by leveraging good relationships with CRRC and becoming a key supplier for major global rail vehicle manufacturers[108]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product offerings[136]. Environmental Responsibility - The subsidiary, Luomei Weiao, is classified as a key pollutant discharge unit and has obtained the necessary discharge permits, with no significant penalties for environmental issues during the reporting period[163]. - Luomei Weiao has installed efficient pollution control facilities and has implemented real-time monitoring of emissions, ensuring compliance with environmental standards[164]. - The company has adopted advanced pollution control technologies, significantly reducing pollutant emissions below regulatory standards[170]. - The company has initiated a clean production plan, resulting in an estimated annual savings of 5,000 tons of water and 320,000 kilowatt-hours of electricity[171]. Employee Development - The training program for 2021 achieved a completion rate of 100%, focusing on skills enhancement and safety production training[154]. - The company emphasizes employee welfare and has implemented a talent development system to ensure mutual growth and benefits for both the company and its employees[173]. Financial Management - The company will not distribute profits or increase capital reserves due to the negative net profit for 2021[4]. - The company has established a comprehensive performance evaluation system for senior management, aligning their compensation with the company's operational orders and strategic outcomes[159]. - The internal control system is effectively implemented, with no significant deficiencies reported during the period[160]. - The company has engaged an external auditor to assess the effectiveness of its internal control related to financial reporting, receiving a standard unqualified opinion[162].