Revenue and Profit Growth - Revenue for the third quarter reached 516.6 million yuan, a year-on-year increase of 22.72%[4] - Total revenue from the beginning of the year to the end of the reporting period was 1.44 billion yuan, a year-on-year increase of 36.00%[4] - Net profit attributable to shareholders of the listed company was 41.97 million yuan, up 4.63% year-on-year[4] - Net profit attributable to shareholders of the listed company from the beginning of the year to the end of the reporting period was 115.07 million yuan, up 26.63% year-on-year[4] - Total revenue for the first three quarters of 2023 reached 1,435,607,469.27 RMB, a significant increase from 1,055,600,060.67 RMB in the same period last year[18] - Net profit attributable to the parent company's shareholders rose to 758,075,122.44 RMB, compared to 674,649,413.52 RMB in the previous year[16] - Net profit attributable to parent company shareholders was RMB 115,072,197.64, compared to RMB 90,873,193.53 in the previous period[19] Asset and Equity Growth - Total assets at the end of the reporting period were 4.12 billion yuan, an increase of 16.65% compared to the end of the previous year[5] - Equity attributable to shareholders of the listed company at the end of the reporting period was 2.62 billion yuan, up 43.03% compared to the end of the previous year[5] - Total assets increased to 4,117,952,987.39 RMB, up from 3,530,179,077.21 RMB in the previous period[14][16] - Capital reserves grew to 1,570,583,921.06 RMB, up from 933,497,169.34 RMB in the previous period[16] - Other comprehensive income increased to 92,062,992.62 RMB, compared to 28,430,691.42 RMB in the previous period[16] Liabilities and Borrowings - Total liabilities decreased to 1,440,267,011.34 RMB, down from 1,635,563,630.56 RMB in the previous period[15][16] - Short-term borrowings surged to 562,882,270.78 RMB, a significant increase from 205,109,802.23 RMB in the previous period[15] Cash Flow and Liquidity - Cash received from sales of goods and services in Q3 2023 was RMB 1,292,217,727.08, up from RMB 950,877,794.64 in the previous period[23] - Net cash flow from operating activities for Q3 2023 was RMB 58,844,764.44, slightly higher than RMB 58,323,506.46 in the previous period[23] - Net cash flow from financing activities for Q3 2023 was RMB 260,601,369.05, compared to RMB 722,604,891.42 in the previous period[24] - Cash and cash equivalents at the end of Q3 2023 were RMB 360,045,351.83, down from RMB 515,829,649.32 at the beginning of the period[24] Research and Development - Research and development expenses increased to 69,966,155.41 RMB, up from 44,406,148.27 RMB in the same period last year[18] Inventory and Accounts Receivable - Inventory levels rose to 570,164,478.58 RMB, compared to 488,176,612.99 RMB in the previous period[14] - Accounts receivable increased to 635,593,517.25 RMB, up from 535,250,280.57 RMB in the previous period[14] Non-Recurring Items and Earnings Per Share - Non-recurring gains and losses for the reporting period amounted to 4.36 million yuan[7] - The company's basic earnings per share for the reporting period were 0.23 yuan, a decrease of 8.00% year-on-year[5] - Basic earnings per share for Q3 2023 were RMB 0.66, compared to RMB 0.57 in the previous period[20] Other Income and Comprehensive Income - Interest income for Q3 2023 was RMB 10,654,811.17, a significant increase from RMB 1,225,149.40 in the previous period[19] - Other income for Q3 2023 reached RMB 14,562,933.12, up from RMB 10,940,106.33 in the previous period[19] - Total comprehensive income for Q3 2023 was RMB 187,064,160.00, up from RMB 144,205,890.87 in the previous period[20] Market Expansion and Acquisitions - The increase in revenue was mainly due to the company's active market expansion, new customer growth, and the inclusion of Hebei Lizhun Machinery Manufacturing Co., Ltd., acquired in 2022[8] - The increase in equity attributable to shareholders was mainly due to the conversion of convertible bonds issued in 2022 and the increase in retained earnings[9]

Long-term Equity Investments - Long-term equity investments include equity investments in subsidiaries, joint ventures, and associates where the company has control, joint control, or significant influence[1] - The cost of long-term equity investments is determined by the fair value of the original equity investment plus the cost of new investments when additional investments result in significant influence or joint control[2] - Gains or losses from the disposal of long-term equity investments are recognized in current period profits when control or significant influence is lost[4] - The company determines the initial investment cost of long-term equity investments based on the merger cost on the acquisition date for business combinations not under common control[200] - Merger costs include the fair value of assets, liabilities, and equity securities issued by the acquirer to obtain control of the acquiree[200] - Audit, legal, valuation, and other intermediary fees related to the merger are recognized as expenses in the current period[200] - Transaction costs for equity or debt securities issued as merger consideration are included in the initial recognition amount of those securities[200] - Contingent consideration agreed in the merger agreement is included in the merger cost at its fair value on the acquisition date[200] - For step-by-step business combinations not under common control, the company assesses whether the transactions constitute a "package deal"[200] - If transactions are part of a "package deal," they are treated as a single transaction for accounting purposes[200] - If not a "package deal," the initial investment cost is the sum of the carrying amount of the previously held equity and the new investment cost[200] - Other comprehensive income related to previously held equity under the equity method is not recognized immediately[200] - For previously held equity classified as other equity instruments, the difference between fair value and carrying amount is transferred directly to retained earnings[200] Financial Performance and Key Metrics - Revenue for the first half of 2023 increased by 44.81% to RMB 9.19 billion compared to the same period last year[26] - Net profit attributable to shareholders rose by 44.02% to RMB 730.97 million in the first half of 2023[26] - Operating cash flow decreased by 31.85% to RMB 328.90 million due to increased inventory to meet higher sales orders[26] - The company's total assets grew by 13.27% to RMB 39.99 billion as of the end of the reporting period[26] - Basic earnings per share increased by 34.38% to RMB 0.43 in the first half of 2023[27] - The company's net assets attributable to shareholders increased by 42.21% to RMB 26.01 billion[26] - Revenue increased by 44.81% to RMB 9.19 billion, driven by market expansion and the inclusion of Hebei Lizhun Machinery Manufacturing Co., Ltd. in the consolidated financial statements[72] - Operating costs rose by 44.86% to RMB 7.05 billion, reflecting higher sales volume and increased material costs[72] - R&D expenses surged by 63.96% to RMB 45.04 million, supporting product innovation and competitiveness[72] - Net cash flow from operating activities decreased by 31.85% to RMB 32.89 million, primarily due to increased working capital requirements[72] - Net cash flow from investing activities dropped by 82.07% to RMB -220.67 million, mainly due to increased capital expenditures[72] - Revenue for the first half of 2023 reached 491,210,877.74 RMB, a significant increase from 345,122,712.85 RMB in the same period last year[135] - Net profit attributable to the parent company's shareholders was 73,097,377.71 RMB, compared to 50,755,998.79 RMB in the first half of 2022[134] - Operating profit for the first half of 2023 was 79,586,462.55 RMB, up from 58,554,017.05 RMB in the same period last year[134] - Total comprehensive income for the first half of 2023 was 175,258,656.59 RMB, compared to 75,617,489.44 RMB in the first half of 2022[141] - Basic earnings per share (EPS) for the first half of 2023 were 0.43 RMB, up from 0.32 RMB in the same period last year[141] - R&D expenses increased to 15,578,331.31 RMB in the first half of 2023, up from 12,380,541.05 RMB in the same period last year[135] - Other comprehensive income that can be reclassified to profit or loss was 96,370,902.24 RMB, a significant increase from 24,861,490.65 RMB in the first half of 2022[141] - The company's financial expenses showed a net benefit of 836,082.10 RMB in the first half of 2023, compared to a net benefit of 8,161,910.32 RMB in the same period last year[135] - The company's total assets as of the end of the first half of 2023 were 1,604,658,190.19 RMB[138] - Fair value change income (loss) was RMB 1,014,932.35, an increase of 8,750.00 compared to the previous period[142] - Credit impairment loss was RMB -3,416,073.40, a significant decrease from RMB 238,299.72 in the previous period[142] - Operating profit reached RMB 53,296,518.97, up from RMB 41,686,859.18 in the previous period[142] - Net profit was RMB 48,170,204.46, compared to RMB 37,499,466.75 in the previous period[142] - Cash received from sales of goods and services was RMB 794,855,013.26, up from RMB 520,588,447.57 in the previous period[143] - Cash paid for goods and services was RMB 525,281,094.45, compared to RMB 286,256,941.43 in the previous period[143] - Net cash flow from operating activities was RMB 32,890,211.92, down from RMB 48,261,161.74 in the previous period[143] - Net cash flow from financing activities was RMB 2,067,322.43, compared to RMB 8,415,045.13 in the previous period[144] - Net increase in cash and cash equivalents was RMB 29,824,531.33, up from RMB 3,004,987.07 in the previous period[144] - Total owner's equity at the beginning of the year was RMB 1,894,615,446.65[147] - Total comprehensive income for the period reached 175,258,656.59[149] - Owner's equity increased by 637,285,342.15, primarily due to capital contributions[149] - Other equity instruments holders contributed 633,227,720.89 to the capital[149] - Profit distribution amounted to 34,847,848.72[150] - The company's total assets at the end of the period were 2,672,311,596.67[155] - Retained earnings at the beginning of the year were 573,346,878.48[156] - Comprehensive income for the period increased by 75,617,489.44[156] - Capital contributions from owners totaled 23,247,180.00[156] - Total owner's equity at the beginning of the period was RMB 1,639,807,256.47[162] - Comprehensive income for the period amounted to RMB 48,170,204.46[162] - Owner's capital injection and reduction of capital totaled RMB 637,285,342.15[162] - Profit distribution to owners (or shareholders) was RMB 31,647,848.72[162] Business Operations and Market Trends - The company's main business includes automotive lightweighting, new energy vehicles, and related systems such as steering and transmission[17] - The company successfully developed and mass-produced air suspension castings, significantly increasing supply volume[20] - New projects for steering systems were secured with major clients including Li Auto, XPeng, NIO, and BMW[20] - The company successfully delivered batch orders for electronic control projects to leading domestic new energy vehicle manufacturers[20] - The global automotive production increased by 6.08% in 2022, reaching 85.02 million units[34] - Global sales of new energy passenger vehicles reached 10.65 million units in 2022, with a 68.7% year-on-year growth in the sales of plug-in hybrids, pure electric, and fuel cell vehicles[34] - China's new energy passenger vehicle sales accounted for 63% of the global market share in 2022[34] - In the first half of 2023, China's passenger vehicle production and sales reached 11.281 million and 11.268 million units, respectively, with year-on-year growth of 8.1% and 8.8%[35] - Commercial vehicle production and sales in China for the first half of 2023 were 1.967 million and 1.971 million units, respectively, with year-on-year growth of 16.9% and 15.8%[35] - New energy vehicle production and sales in China for the first half of 2023 were 3.788 million and 3.747 million units, respectively, with year-on-year growth of 42.4% and 44.1%[35] - The company has obtained 200 authorized patents as of June 30, 2023[38] - The company has introduced a 9000T die-casting unit, enhancing its capabilities in large-scale integrated structural parts production[38] - The company has established a comprehensive management system covering R&D, procurement, manufacturing, sales, and logistics, achieving AAA-level integration of informatization and industrialization management[40] - The company has advanced manufacturing equipment and automation levels, with die-casting automation reaching the standards of advanced countries in Europe and America[41] - The company's new energy business continues to grow, with an increasing proportion of new energy vehicle-related orders[43] - The company's Mexico factory has seen a continuous increase in deliveries, becoming a stronghold for business growth[44] - The company has developed a comprehensive solution for automotive systems, including steering, new energy three-electric systems (motor, battery, control), and body structural components[70] - The company completed the 2022 restricted stock incentive plan to retain and motivate core employees, aligning their interests with long-term company growth[71] - The company operates in the automotive parts and accessories manufacturing industry, specializing in precision casting and forging blanks for automobiles and motorcycles, as well as key components of energy-absorbing steering systems[190] Subsidiaries and Investments - The company's total assets for its subsidiary Rongtai Die Casting are RMB 1,930,880,500, with a net profit of RMB 28,276,000[54] - The company's subsidiary Zhuhai Rongtai has total assets of RMB 514,920,800, with a net profit of RMB 1,763,800[54] - The company's subsidiary Leon Rongtai reported a net loss of RMB 7,362,600, with total assets of RMB 886,830,100[54] - The company's subsidiary Lijun Machinery achieved a net profit of RMB 13,186,400, with total assets of RMB 220,466,100[54] - The company's overseas assets amount to RMB 886,722,427.16, accounting for 22.18% of total assets[47] - The company merged 7 subsidiaries (grandchildren) in the first half of 2023, with no changes in the scope of consolidation compared to the previous year[164] - The company consolidates financial statements based on control, including all subsidiaries, and eliminates internal transactions and balances[175] - Subsidiaries acquired through business combinations under common control are included in the consolidated financial statements as if they had been controlled since the beginning[176] - Subsidiaries acquired through non-common control business combinations are adjusted based on the fair value of identifiable net assets at the acquisition date[177] - Disposal of subsidiaries results in the inclusion of their income, expenses, and cash flows up to the disposal date, with re-measurement of remaining equity at fair value[178] - Transactions classified as "package deals" for disposing of subsidiary equity are treated as a single transaction, with differences recognized in other comprehensive income until control is lost[179] Financial Statements and Accounting Policies - The company's semi-annual report for 2023 is unaudited[10] - The company's semi-annual report is available on the website www.sse.com.cn[14] - The company's financial report is signed by the legal representative, the person in charge of accounting, and the accounting institution[16] - The company's semi-annual report covers the period from January 1, 2023, to June 30, 2023[17] - The company's financial statements comply with the requirements of the enterprise accounting standards, reflecting the company's financial status, operating results, changes in shareholders' equity, and cash flows[166] - The company's accounting period follows the calendar year from January 1 to December 31[167] - The company's functional currency is RMB[169] - The company's normal operating cycle is 12 months, used as the standard for classifying the liquidity of assets and liabilities[168] - The company's accounting policies and estimates include provisions for bad debts, depreciation of fixed assets, amortization of intangible assets, and revenue recognition principles[165] - The company recognizes deferred tax assets related to deductible temporary differences from business combinations if new information within 12 months indicates the benefits are realizable, reducing goodwill or recognizing the difference as current profit[173] - Transactions not classified as "package deals" are re-measured at fair value at the acquisition date, with differences recorded as current investment income or retained earnings[174] - Cash equivalents are defined as short-term, highly liquid investments with minimal risk of value change, typically maturing within three months[180] - Foreign currency transactions are recorded at the spot exchange rate on the transaction date, with exchange differences recognized in current profit or other comprehensive income[182] - Foreign currency financial statements are translated using the spot exchange rate on the balance sheet date for assets and liabilities, and the spot exchange rate at the time of occurrence for equity items except "retained earnings"[183] - The company uses the actual interest rate method to calculate the amortized cost of financial assets or liabilities and allocate interest income or expenses to each accounting period[184] - Financial liabilities measured at fair value with changes recognized in profit or loss are subsequently measured at fair value, with gains or losses recognized in profit or loss[185] - Embedded derivatives are separated from the host contract if the host contract is not a financial asset and certain conditions are met[186] - The company continues to recognize financial assets and corresponding liabilities if it neither transfers nor retains substantially all the risks and rewards of the financial asset but retains control[187] - Financial assets and liabilities are initially measured at fair value, with transaction costs either expensed immediately or included in the initial recognition amount depending on the classification[193] - Financial assets measured at fair value through other comprehensive income are subject to interest, impairment losses, and exchange differences being recognized in profit or loss, while other gains or losses are recognized in other comprehensive income[194] - Financial liabilities not classified as fair value through profit or loss or financial guarantee contracts are measured at amortized cost using the effective interest method[195] - The company recognizes financial asset transfers when it transfers the contractual rights to receive cash flows or delivers the financial asset to a party other than the issuer[196] - Expected credit losses for contract assets are determined using a simplified measurement method, with losses recognized based on the present value of the difference between contractual and expected cash flows[197] - Assets held for sale are measured at the lower of their carrying amount and fair value less costs to sell, with any subsequent increases in fair value less costs to sell being recognized as a recovery of previously recognized impairment losses[199] Share Capital and Ownership Structure - The company has no profit distribution plan or capital reserve to share capital conversion plan for the current reporting period[8] - The company's total share capital increased from 162,189,000 shares to 185,609,816 shares due to the conversion of convertible bonds[45] - The company's total share capital increased from 162,189,000 shares to 186,193,816 shares due to the conversion of convertible bonds and the issuance of restricted shares[97][99][100] - The company redeemed all "Rongtai Convertible Bonds" during the reporting period, with a cumulative conversion of 23,420,816 shares[99] - The company granted 584,000 restricted shares to 76 incentive targets at a price of 16.85 yuan per share[100] - The proportion of restricted shares held by domestic natural persons increased from 1.35% to 1.49%[97] - The proportion of foreign-held shares decreased from 23.28% to 20.28%[97] - The proportion of shares held by domestic non-state-owned legal entities decreased from 50.71% to 44.17%[97] - The proportion of shares held by state-owned legal entities remained unchanged[97] - The proportion of shares held by foreign natural persons decreased from 7.40% to 6.45%[97] - The proportion of shares held by foreign legal entities decreased from 15.88% to 13.83%[97] - The proportion of shares held by domestic natural persons increased from 1.35% to 1.49%[97] - The company's total share capital increased from 162,189,000 shares to 186,193,816 shares due to the conversion of Rongtai convertible bonds and the issuance of restricted shares to incentive targets, diluting earnings per share and net assets per share[101] - The cumulative number of shares converted from Rongtai convertible bonds reached 23,420,816 shares, accounting for 14.44% of the total shares issued before the conversion[108] - The company exercised the early redemption right for Rongtai convertible bonds, resulting in a total share capital increase from 162,189,000 shares to 185,609,816 shares[112] - The company's total registered capital is RMB 186.1938 million, with 122.773 million shares being restricted, accounting for 65.94% of the total shares, and 63.4208 million shares being unrestricted, accounting for 34.06% of the total shares[190] - Zhuhai Runcheng Investment Co., Ltd. holds 39.27% of total shares, with 73.13 million shares under lock-up until August 23, 2024[129][130] - Macau Runcheng International Co., Ltd. holds 13.83% of total shares, with 25.75 million

2023 年第一季度报告 证券代码：605133 证券简称：嵘泰股份 江苏嵘泰工业股份有限公司 2023 年第一季度报告 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。 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期增减 变动幅度(%) | | | --- | --- | --- | --- | | 营业收入 | 437,032,670.95 | | 23.76 | | 归属于上市公司股东的净利润 | 35,687,975.56 | | 4.82 | | 归属于上市公司股东的扣除非经常性 损益的净利润 | 30,578,413.10 | | 2.30 | | 经营活动产生的现金流量净额 | 32,079,040.57 | | 7.37 | | 基本每股收益（元/股） | 0.22 | | 4.76 | | 稀释每股收益（元/股） | 0.20 | | -4.76 | | 加权平均净资产收益率（%） | 1.93 | 减少 0.11 | 个百分点 | 1 / 11 2023 ...

2022 年年度报告 公司代码：605133 公司简称：嵘泰股份 江苏嵘泰工业股份有限公司 2022 年年度报告 二○二三年四月 1 / 205 2022 年年度报告 公司拟向全体股东每 10 股派发现金红利 1.70 元（含税）。截至 2022 年 12 月 31 日，公司 总股本 162,189,000 股，以此计算合计拟派发现金红利 27,572,130.00 元（含税）。本年度公司 现金分红占年度合并报表中归属于上市公司普通股股东的净利润比例为 20.63%。 如在本公告披露之日起至实施权益分派股权登记日期间，因可转债转股、回购股份、股权激 励授予股份回购注销、重大资产重组股份回购注销等致使公司总股本发生变动的，公司拟维持每 股分配比例不变，相应调整分配总额。 六、 前瞻性陈述的风险声明 √适用 □不适用 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，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。 二、 公司全体董事出席董事会会议。 三、 中汇会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司 ...