一、募集资金基本情况 根据中国证券监督管理委员会于2022年7月1日出具《关于核准江苏嵘泰工 业股份有限公司公开发行可转换公司债券的批复》（证监许可[2022]1375号）， 江苏嵘泰工业股份有限公司（以下简称"公司"）获准向社会公开发行面值总额 为人民币65,067.00万元的可转换公司债券，期限6年。公司本次发行可转换公司 债券应募集资金65,067.00万元，实际募集资金65,067.00万元，扣除发行费用（不 含税）人民币1,108.26万元后，实际募集资金净额为人民币63,958.74万元。上述 募集资金已于2022年8月17日全部到位，中汇会计师事务所（特殊普通合伙）已 进行验资并出具了中汇会验【2022】6342号《验证报告》。 公司设立了相关的募集资金专项账户，募集资金到账后，并与保荐机构、银 行签订了募集资金三方监管协议，对募集资金实行专户存储和管理。 二、本次拟使用闲置募集资金进行现金管理的基本情况 （一）投资目的 东方证券承销保荐有限公司 关于江苏嵘泰工业股份有限公司 使用闲置募集资金进行现金管理的核查意见 东方证券承销保荐有限公司（以下简称"东方投行"或"保荐机构"）作为 江苏嵘泰工业 ...

股票代码：605133 股票简称：嵘泰股份 江苏嵘泰工业股份有限公司 向特定对象发行 A 股股票募集资金使用 的可行性分析报告 二〇二三年八月 一、本次募集资金使用计划 江苏嵘泰工业股份有限公司（以下简称"公司"）本次发行股票拟募集资金不 超过 110,000.00 万元（含 110,000.00 万元）。在扣除发行费用后，募集资金将投 资于以下项目： 若本次向特定对象发行实际募集资金净额少于投资项目的募集资金拟投入 金额，则不足部分由公司自筹资金解决。公司董事会可根据股东大会的授权，根 据项目的实际需要，对上述募集资金投资项目、资金投入进度和金额等进行适当 调整。 本次董事会后、募集资金到位前，公司将根据项目实际进展情况以自筹资金 先行投入。募集资金到位后，公司将以募集资金置换前期已投入的自筹资金。 二、本次募集资金投资项目介绍 单位：万元 序号 项目名称 投资总额 募集资金 使用金额 1 新能源汽车零部件智能制造项目 88,000.00 88,000.00 2 补充流动资金 22,000.00 22,000.00 合计 110,000.00 110,000.00 车零部件领域的优势和地位。 2、项目必要性 ...

股票代码：605133 股票简称：嵘泰股份 江苏嵘泰工业股份有限公司 向特定对象发行 A 股股票预案 $$\Xi{\bf{\mathrm{O}}}\,{\bf{\mathrm{=}}}\,{\bf\mathrm{\equiv}}\,\nex\,\nex\,\forall\,\exists$$ 发行人声明 1、本公司及董事会全体成员保证公告内容真实、准确、完整，并确认不存 在虚假记载、误导性陈述或重大遗漏，并对本预案内容的真实性、准确性、完整 性承担个别和连带的法律责任。 2、本次向特定对象发行 A 股股票完成后，公司经营与收益的变化由公司自 行负责；因本次向特定对象发行 A 股股票引致的投资风险由投资者自行负责。 3、本预案是公司董事会对本次向特定对象发行 A 股股票的说明，任何与之 相反的声明均属不实陈述。 4、投资者如有任何疑问，应咨询自己的经纪人、律师、专业会计师或其他 专业顾问。 5、本预案所述事项并不代表审批机关对于本次向特定对象发行 A 股股票相 关事项的实质性判断、确认、批准或核准。本预案所述本次向特定对象发行 A 股 股票相关事项尚需公司股东大会审议通过、上海证券交易所审核通过并经中国证 券监 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 437,032,670.95, representing a year-on-year increase of 23.76%[5] - The net profit attributable to shareholders for the same period was CNY 35,687,975.56, reflecting a growth of 4.82% compared to the previous year[5] - The net cash flow from operating activities was CNY 32,079,040.57, which is an increase of 7.37% year-on-year[5] - Total revenue for Q1 2023 reached ¥437,032,670.95, a 23.8% increase from ¥353,123,219.89 in Q1 2022[18] - The net profit for Q1 2023 was CNY 37,032,024.66, an increase from CNY 34,046,745.44 in Q1 2022, representing an increase of approximately 8.7%[19] - Operating profit for Q1 2023 reached CNY 41,022,662.92, compared to CNY 37,772,591.96 in the same period last year, reflecting a growth of about 5.3%[19] - Total revenue from sales of goods and services in Q1 2023 was CNY 313,750,561.89, up from CNY 246,129,453.94 in Q1 2022, indicating a growth of approximately 27.4%[21] - The company reported a total comprehensive income of CNY 47,600,986.78 for Q1 2023, compared to CNY 45,543,679.84 in Q1 2022, which is an increase of approximately 4.5%[20] Earnings and Shareholder Metrics - Basic earnings per share for Q1 2023 were CNY 0.22, an increase of 4.76% year-on-year[5] - The diluted earnings per share decreased by 4.76% to CNY 0.20 compared to the same period last year[5] - The basic earnings per share for Q1 2023 was CNY 0.22, compared to CNY 0.21 in Q1 2022, indicating a growth of approximately 4.8%[20] - The total number of common shareholders at the end of the reporting period was 16,072[9] Assets and Liabilities - Total assets at the end of Q1 2023 reached CNY 3,762,663,155.52, marking a 6.59% increase from the end of the previous year[6] - The equity attributable to shareholders was CNY 1,871,756,028.19, up by 2.35% from the previous year-end[6] - Cash and cash equivalents decreased to ¥497,297,981.80 as of March 31, 2023, down from ¥555,343,774.32 at the end of 2022, indicating a reduction in liquidity[14] - Accounts receivable increased to ¥567,417,476.23 from ¥535,250,280.57, suggesting a growing customer base or extended credit terms[14] - Inventory rose to ¥539,985,809.20 from ¥488,176,612.99, indicating potential stockpiling or increased production[14] - Non-current assets totaled ¥1,854,795,975.15 as of March 31, 2023, compared to ¥1,735,140,463.20 at the end of 2022, reflecting investment in long-term assets[15] - Total liabilities increased to ¥1,823,673,712.62 from ¥1,635,563,630.56, indicating a rise in financial obligations[16] - Shareholders' equity rose to ¥1,938,989,442.90 from ¥1,894,615,446.65, showing an increase in the company's net worth[16] Operational Costs and Expenses - Total operating costs for Q1 2023 were ¥400,621,962.71, up from ¥319,115,031.12 in Q1 2022, reflecting a significant rise in operational expenses[18] - Research and development expenses for Q1 2023 were CNY 20,811,167.47, up from CNY 14,039,834.50 in Q1 2022, marking an increase of about 48.5%[19] - The company incurred financial expenses of CNY -3,300,355.84 in Q1 2023, a significant improvement compared to CNY 6,182,734.97 in Q1 2022[19] Strategic Focus - The company is focusing on expanding its market presence and investing in new technologies to drive future growth[17] Profitability Metrics - The weighted average return on equity was 1.93%, a decrease of 0.11 percentage points from the previous year[5] - The company reported non-recurring gains and losses totaling CNY 5,109,562.46 for the quarter[7] - The company reported a gross profit margin improvement, with gross profit for Q1 2023 calculated at ¥37,410,708.24, compared to ¥33,315,188.77 in Q1 2022[18]

| 证券代码：605133 | 证券简称：嵘泰股份 公告编号：2023-028 | | --- | --- | | 转债代码：111006 | 转债简称：嵘泰转债 | 江苏嵘泰工业股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： ●会议召开时间：2023 年 5 月 5 日(星期五)上午 10:00-11:00 ● 会 议 召 开 地 点 ： 上 海 证 券 报 · 中 国 证 券 网 （ 网 址 ： https://roadshow.cnstock.com） ●会议召开方式：网络互动 ●投资者可于 2023 年 4 月 25 日（星期二）至 5 月 4 日（星期四），通过公 司邮箱 wei.chen@rtco.com.cn 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。 江苏嵘泰工业股份有限公司（以下简称"公司"）已于 2023 年 4 月 6 日发 布了公司 2022 年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经 ...

Financial Performance - The net profit for the parent company in 2022 was CNY 80,092,158.56, with a distributable profit of CNY 501,050,130.76 after accounting for previous distributions [6]. - The proposed cash dividend is CNY 1.70 per 10 shares, totaling CNY 27,572,130.00, which represents 20.63% of the net profit attributable to ordinary shareholders [6]. - In 2022, the company's operating revenue reached ¥1,545,299,429.24, a year-on-year increase of 32.87% compared to ¥1,163,028,537.69 in 2021 [25]. - The net profit attributable to shareholders was ¥133,640,100.90, reflecting a growth of 32.82% from ¥100,617,412.61 in the previous year [25]. - The main business revenue reached ¥1,500,106,268.64, up 33.13% year-on-year, while the main business cost increased by 35.79% to ¥1,135,989,916.87 [55]. - The company achieved operating revenue of ¥1,545,299,429.24, a year-on-year increase of 32.87% [51]. - The net profit attributable to the parent company was ¥133,640,100.90, reflecting a growth of 32.82% compared to the previous year [51]. - The company reported a revenue of 6,046.00 million for the year 2022, reflecting a growth of 1.75% compared to the previous year [191]. - The net profit for the year 2022 was 353.89 million, with a year-on-year increase of 3.45% [191]. - The total assets of the company reached 18,953.00 million as of December 2022, indicating a growth of 1.75% from the previous year [191]. Operational Highlights - The total share capital as of December 31, 2022, was 162,189,000 shares [6]. - The company’s stock is listed on the Shanghai Stock Exchange under the code 605133 [23]. - The production volume of automotive products reached 2,071.54 thousand units, an increase of 23.21% compared to the previous year, while sales volume was 1,935.95 thousand units, up by 15.65% [58]. - The production volume of motorcycle products decreased by 40.51% to 15.62 thousand units, with sales volume declining by 42.10% to 15.89 thousand units [58]. - The company has established stable relationships with major clients, including Bosch and ZF, and follows a direct sales model to secure long-term contracts and maintain customer satisfaction [42][43]. Research and Development - The company has developed advanced vacuum die-casting technology and partial extrusion technology, enhancing its R&D and innovation capabilities [46]. - The company’s R&D expenses rose by 46.50% to ¥68,530,655.95, indicating a commitment to innovation [53]. - The company employed 235 R&D personnel, making up 8.13% of the total workforce, with a focus on enhancing innovation capabilities [69]. - The company emphasizes R&D as a core advantage, with significant investments in product design and manufacturing processes; failure to maintain R&D could impact competitiveness and profitability [113]. Market Position and Strategy - The company became a major supplier for the domestic leading new energy vehicle enterprise, significantly increasing its share in the new energy business [34]. - The company was recognized as an "Excellent Supplier" and established a strategic partnership with Honeycomb, enhancing its market position in the new energy sector [34]. - The company aims to enhance its global market competitiveness and product structure to meet the growing demand for commercial vehicle components [38]. - The company plans to deepen its market expansion in Europe and North America, leveraging its existing customer base and production capabilities [104]. - The company is focusing on developing new products for the energy storage sector, aiming to capitalize on the global energy revolution trend [104]. Environmental and Compliance - The company invested 8.8843 million yuan in environmental protection during the reporting period [156]. - The company received a minor administrative penalty of 28,000 yuan for environmental pollution due to a delayed response to a water pollution incident [157]. - The company maintains compliance with national standards for emissions, including a 90% collection and treatment efficiency for waste gases [158]. - The company’s operational noise levels are maintained below the limits set by industrial standards, ensuring compliance with environmental regulations [159]. - The company has engaged a qualified third party for annual environmental monitoring, with all monitored data meeting standard requirements [162]. Governance and Management - The company has a transparent information disclosure policy, utilizing multiple designated newspapers and the Shanghai Stock Exchange website to ensure equal access to information for all shareholders [117]. - The supervisory board consists of three members, including one employee supervisor, ensuring compliance with legal requirements [117]. - The company has implemented measures to respect and protect the rights of stakeholders, aiming for a balance of interests among shareholders, employees, and society [117]. - The company has established a dual career development path to enhance employee engagement and support long-term growth [142]. - The company has a structured remuneration decision-making process involving the board's remuneration assessment committee and shareholder approval [126]. Financial Management - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties [173]. - The company has not faced any delisting risk or related warnings during the reporting period [176]. - The current auditor, Zhonghui Certified Public Accountants, has been retained with an audit fee of 800,000 RMB [175]. - The company has not made any changes to accounting policies or estimates that would affect the financial statements [174]. - The company has not engaged in any significant guarantees during the reporting period [183]. Future Outlook - The company provided a future outlook with a revenue guidance of 10,000.00 million for the next fiscal year, reflecting a growth of 1.65% [187]. - New product development initiatives are expected to contribute an additional 4.36% to overall revenue in the upcoming quarters [187]. - The company is focusing on market expansion, targeting a 3.05% increase in market share through strategic partnerships [187]. - A merger and acquisition strategy is in place, aiming to enhance operational efficiency and increase revenue by 3.25% [187]. - The company plans to invest 1,000.00 million in technology upgrades to improve service delivery and customer experience [187].

Financial Performance - The company's operating revenue for Q3 2022 was ¥420,962,961.54, representing a year-on-year increase of 62.06% compared to ¥253,802,488.04 in the same period last year[6]. - The net profit attributable to shareholders was ¥40,117,194.74, a significant increase of 172.61% from ¥18,599,959.53 in the previous year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥35,618,981.27, up 405.00% from ¥9,281,143.03 in the same period last year[6]. - The basic earnings per share for the quarter was ¥0.25, an increase of 177.78% compared to ¥0.12 in the same period last year[6]. - Net profit for the third quarter of 2022 was ¥93,996,176.29, compared to ¥78,803,018.60 in the same quarter of 2021, representing a growth of 19.3%[26]. - The total comprehensive income for the third quarter of 2022 was ¥144,205,890.87, compared to ¥70,315,518.45 in the same period of 2021, reflecting a substantial increase[26]. - Basic and diluted earnings per share for Q3 2022 were both CNY 0.57, up from CNY 0.52 in Q3 2021, representing a 9.62% increase[27]. Assets and Liabilities - The total assets of the company increased by 59.14% to ¥3,448,958,686.34 from ¥2,167,282,757.57 at the end of the previous year[7]. - The company's total assets as of the third quarter of 2022 amounted to ¥3,448,958,686.34, significantly higher than ¥2,167,282,757.57 in the previous year[22]. - Total liabilities increased to ¥1,593,036,080.46 in the third quarter of 2022, compared to ¥517,198,038.97 in the same period of 2021[22]. - The company's equity attributable to shareholders reached ¥1,801,584,723.37, up from ¥1,650,084,718.60 year-over-year[22]. - As of September 30, 2022, total current assets reached RMB 1.85 billion, an increase from RMB 1.04 billion at the end of 2021[20]. Cash Flow - The net cash flow from operating activities decreased by 49.58% to ¥58,323,506.46, down from ¥101,937,694.29 in the same period last year[11]. - Cash inflow from operating activities for the first three quarters of 2022 was CNY 981,012,711.23, compared to CNY 753,139,746.63 in the same period of 2021, marking a 30.19% increase[27]. - Net cash flow from operating activities decreased to CNY 58,323,506.46 in 2022 from CNY 115,670,541.44 in 2021, a decline of 49.51%[27]. - Total cash inflow from investment activities was CNY 960,356,981.22 in 2022, significantly higher than CNY 144,846,820.97 in 2021, indicating a growth of 563.73%[28]. - Net cash flow from investment activities was negative CNY 833,503,395.90 in 2022, worsening from negative CNY 359,318,478.52 in 2021[28]. - Cash inflow from financing activities totaled CNY 901,845,156.26 in 2022, slightly up from CNY 889,830,760.98 in 2021, an increase of 1.14%[28]. - Net cash flow from financing activities improved to CNY 722,604,891.42 in 2022 from CNY 322,861,616.76 in 2021, a growth of 123.93%[28]. - The cash and cash equivalents at the end of Q3 2022 were CNY 107,640,426.78, down from CNY 129,215,930.31 at the end of Q3 2021, a decrease of 16.67%[28]. - The company reported a net increase in cash and cash equivalents of negative CNY 1,444,827.71 for Q3 2022, contrasting with a positive increase of CNY 68,004,020.47 in Q3 2021[28]. Investments and Acquisitions - The company issued convertible bonds and acquired Hebei Lizhun Machinery Manufacturing Co., which contributed to the increase in total assets[11]. - The company issued 6.5067 million convertible bonds with a total amount of RMB 650.67 million, net proceeds after fees were RMB 639.59 million[16]. - The company signed a development agreement with BYD for motor housings, with an estimated project lifecycle of 5 years and an average annual value of approximately RMB 300 million[16]. - The company acquired 53% equity in Hebei Lizhun Machinery Manufacturing Co., Ltd. for RMB 190.8 million, making it a subsidiary included in the consolidated financial statements[17]. Research and Development - Research and development expenses for the third quarter of 2022 were ¥44,406,148.27, compared to ¥33,908,026.98 in the same quarter of 2021, indicating a 31% increase[25]. Other Financial Metrics - The weighted average return on equity for the quarter was 2.33%, an increase of 1.14 percentage points from 1.19% in the previous year[7]. - The company reported a financial expense of -¥10,480,010.18 in the third quarter of 2022, a significant change from ¥8,941,632.26 in the previous year[25]. - Other comprehensive income after tax for the third quarter of 2022 was ¥50,209,714.58, compared to a loss of -¥8,487,500.15 in the same quarter of 2021[26]. - Total revenue for the first three quarters of 2022 reached ¥1,055,600,060.67, an increase of 28.8% compared to ¥819,130,614.01 in the same period of 2021[24]. - Total operating costs for the first three quarters of 2022 were ¥952,519,433.03, up from ¥739,625,064.81 in 2021, reflecting a 28.7% increase[24].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥634,637,099.13, representing a 13.46% increase compared to ¥559,373,331.36 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was ¥50,755,998.79, a decrease of 20.80% from ¥64,087,156.69 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥41,641,355.67, down 28.29% from ¥58,072,844.31 year-on-year[20]. - The net cash flow from operating activities was ¥48,261,161.74, a decline of 28.04% compared to ¥67,070,939.69 in the same period last year[20]. - The basic earnings per share for the first half of 2022 was ¥0.32, down 27.27% from ¥0.44 in the same period last year[21]. - The weighted average return on net assets decreased to 3.01% from 4.63% year-on-year, a reduction of 1.62 percentage points[21]. - Operating costs increased by 21.44% to ¥486,418,885.43, primarily due to increased fixed costs from higher investments and rising energy prices[46]. - Research and development expenses rose by 25.22% to ¥27,472,333.43, attributed to increased investment in new project development[45]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,337,796,434.68, an increase of 7.87% from ¥2,167,282,757.57 at the end of the previous year[20]. - The net assets attributable to shareholders increased by 4.52% to ¥1,724,621,038.04 from ¥1,650,084,718.60 at the end of the previous year[20]. - The company's total liabilities rose to CNY 613,175,396.64, compared to CNY 517,198,038.97, marking an increase of about 18.5%[102]. - Current liabilities totaled CNY 573,410,881.78, up from CNY 446,629,629.86, reflecting a growth of approximately 28.4%[102]. - Short-term borrowings surged by 97.73% to ¥192,038,830.29, primarily due to increased bank loans[49]. Market and Industry Context - New projects, particularly in the new energy vehicle components sector, began to ramp up production, but the revenue growth was impacted by the Shanghai pandemic in Q2[20]. - The automotive industry faced significant challenges in the first half of 2022, including supply chain disruptions and a decline in production and sales due to the pandemic, but has since recovered[27][28]. - The company expects China's automotive production and sales to reach approximately 27 million units in 2022, with a year-on-year growth of about 3%[29]. - The government has introduced policies to stimulate automotive consumption, which has positively impacted market activity[28]. Customer and Supplier Relationships - The company has established long-term relationships with major clients such as Bosch and ZF, ensuring a stable customer base[30][31]. - The production model is based on "sales-driven production," allowing for flexibility in meeting customer demand[30]. - The company has implemented strict supplier selection and quality control processes to ensure the quality of raw materials[30]. Environmental and Compliance Practices - The company has implemented measures to ensure emissions from its production processes meet national standards, including the treatment of waste gases and wastewater[69]. - The company has taken corrective actions following environmental issues, demonstrating a commitment to compliance and sustainability[68]. - The company achieved over 90% collection and treatment efficiency for die-casting exhaust gas, meeting the national air pollution discharge standards[70]. - The company processed 86 tons of general solid waste from machining, with 12 tons reused in production, and 120 tons of hazardous waste aluminum ash disposed of properly[71]. Investment and Growth Strategies - The company expects to generate an additional annual sales of RMB 420 million from new projects with direct supply to new energy vehicle manufacturers[40]. - The company has successfully raised RMB 630 million through the issuance of convertible bonds, which will be used for projects including the annual production of 1.1 million new energy vehicle aluminum components[41]. - The company has invested in a 9000T die-casting machine to support the development of integrated die-casting for new energy vehicles[41]. - The company is actively involved in new product development and has a structured process for project collaboration with clients[31]. Shareholder and Governance Matters - The company has implemented a restricted stock incentive plan to attract and retain talent, aligning interests among shareholders, the company, and core team members[41]. - The company has conducted multiple shareholder meetings, with no resolutions being rejected in the recent sessions[63]. - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[64]. - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing, ensuring stability in shareholding[78]. Financial Reporting and Accounting Policies - The company's financial statements are prepared on a going concern basis, indicating no significant doubts about the company's ability to continue operations for the next 12 months[140]. - The accounting policies and estimates are tailored to the company's operational characteristics, including standards for bad debt provisions and asset depreciation methods[141]. - The company adheres to the requirements of enterprise accounting standards, ensuring that financial statements accurately reflect its financial position and operating results[142]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired in a business combination[149]. Risk Management - The company has outlined various risks and countermeasures in the report, indicating a proactive approach to potential challenges in operations[8]. - The company faces risks related to customer concentration, as it relies heavily on major multinational automotive suppliers and manufacturers[55]. - The company faces foreign exchange risk due to overseas sales primarily settled in USD and EUR, which may impact gross margins and operating performance if significant fluctuations occur[59].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 353,123,219.89, representing a year-on-year increase of 23.03%[3] - The net profit attributable to shareholders for the same period was CNY 34,046,745.44, reflecting a growth of 4.19% compared to the previous year[3] - The basic earnings per share for Q1 2022 was CNY 0.21, up by 6.40% year-on-year[3] - The total operating revenue for Q1 2022 was CNY 353,123,219.89, an increase from CNY 287,024,996.09 in Q1 2021, representing a growth of approximately 23.0%[15] - The operating profit for Q1 2022 was CNY 37,772,591.96, compared to CNY 36,139,776.50 in Q1 2021, reflecting a slight increase of approximately 4.5%[16] - The net profit for Q1 2022 was CNY 34,046,745.44 after deducting income tax expenses of CNY 4,527,229.59, compared to CNY 32,677,095.48 in Q1 2021[16] - The total comprehensive income for Q1 2022 reached ¥45,543,679.84, compared to ¥26,315,432.41 in Q1 2021, indicating a significant increase of about 73.2%[17] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 28.97%, amounting to CNY 29,877,789.12[3] - The cash flow from operating activities generated a net inflow of ¥29,877,789.12, down from ¥42,064,022.27 in the previous year, reflecting a decrease of approximately 29.1%[20] - Cash received from sales of goods and services was ¥246,129,453.94, a decline from ¥260,190,012.21 in Q1 2021, which is a decrease of about 5.4%[20] - The company's cash and cash equivalents at the end of Q1 2022 totaled ¥120,219,751.81, down from ¥319,159,459.11 at the end of Q1 2021, a decrease of about 62.4%[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,300,553,665.41, an increase of 6.15% from the end of the previous year[4] - The total liabilities as of March 31, 2022, were CNY 604,925,266.97, compared to CNY 517,198,038.97 at the end of 2021, indicating an increase of approximately 16.9%[13] - The cash and cash equivalents as of March 31, 2022, were CNY 162,658,053.41, up from CNY 155,871,304.79 at the end of 2021, showing a growth of about 4.8%[11] - The accounts receivable increased to CNY 408,333,679.21 as of March 31, 2022, from CNY 341,595,103.68 at the end of 2021, representing an increase of approximately 19.5%[11] - The inventory as of March 31, 2022, was CNY 301,465,818.85, compared to CNY 288,446,710.14 at the end of 2021, indicating a rise of about 4.5%[11] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,272[6] - The largest shareholder, Zhuhai Runcheng Investment Co., Ltd., held 45.70% of the shares, totaling 73,127,125 shares[6] Other Financial Metrics - The weighted average return on equity was 2.04%, a decrease of 0.60 percentage points compared to the previous year[3] - The company reported non-recurring gains and losses of CNY 3,342,759.44, primarily from government subsidies related to normal business operations[4] - The cash flow from investing activities showed a net outflow of ¥95,629,466.90, improving from a net outflow of ¥189,360,836.93 in the same period last year[21] - The cash flow from financing activities resulted in a net inflow of ¥73,881,377.73, compared to a net inflow of ¥403,144,981.00 in Q1 2021, indicating a decrease of approximately 81.7%[21] - The basic and diluted earnings per share for Q1 2022 were both ¥0.21, down from ¥0.25 in Q1 2021, reflecting a decrease of 16%[17] - The other comprehensive income after tax for Q1 2022 was ¥11,496,934.40, a significant recovery from a loss of ¥6,361,663.07 in Q1 2021[17] - The company reported cash received from other investment activities amounting to ¥164,038,888.89, a substantial increase from ¥3,904,752.42 in the previous year[21] Employee Incentives - The company plans to implement a restricted stock incentive plan as approved in the board meeting on March 25, 2022, to enhance employee motivation and retention[9]

Financial Performance - The net profit for the parent company in 2021 was CNY 65,193,901.34, with a distributable profit of CNY 453,295,538.06 after accounting for the legal surplus reserve[6]. - The proposed cash dividend is CNY 1.50 per 10 shares, totaling CNY 24,000,000.00, which represents 23.85% of the net profit attributable to ordinary shareholders[6]. - The company's operating revenue for 2021 was CNY 1,163,028,537.69, representing a 17.34% increase compared to CNY 991,129,734.34 in 2020[24]. - The net profit attributable to shareholders of the listed company decreased by 21.26% to CNY 100,617,412.61 in 2021 from CNY 127,785,077.21 in 2020[24]. - The net cash flow from operating activities dropped significantly by 55.21% to CNY 124,299,903.35 in 2021 compared to CNY 277,517,436.49 in 2020[24]. - The total assets increased by 34.10% to CNY 2,167,282,757.57 at the end of 2021 from CNY 1,616,157,017.48 at the end of 2020[24]. - The basic earnings per share decreased by 37.74% to CNY 0.66 in 2021 from CNY 1.06 in 2020[25]. - The weighted average return on equity fell by 9.22 percentage points to 6.70% in 2021 from 15.92% in 2020[25]. Operational Challenges - The company faced challenges such as global economic fluctuations, chip shortages, rising raw material prices, and recurring COVID-19 outbreaks in 2021[33]. - The company maintained a stable overall operating performance and continued to grow its sales scale despite these challenges[33]. Strategic Initiatives - The company aims to optimize internal management and enhance its integrated management system to improve customer satisfaction[33]. - The company initiated a refinancing convertible bond project with a total planned investment of 650 million yuan to expand production capacity for 1.1 million new energy vehicle aluminum alloy components and the second phase of the precision aluminum alloy casting project in Mexico[35]. - The company is focusing on the development of new technologies and products to align with the industry's shift towards energy-saving and environmentally friendly vehicles[92]. - The company plans to extend its support for the new energy vehicle industry through favorable policies and financial incentives until at least the end of 2022[95]. Market Position - The global automotive industry saw a decline in production from 2018 due to the pandemic, but the new energy vehicle sector experienced rapid growth, with global sales of narrow-sense new energy vehicles reaching 5.25 million units in 2021, a 124% year-on-year increase[42]. - In 2021, China's new energy vehicle sales accounted for 52% of the global market, with production and sales of new energy vehicles growing significantly, indicating a strong market position[42]. - The company’s sales revenue in the automotive parts industry grew from 197.79 billion yuan in 2011 to 357.58 billion yuan in 2020, with a compound annual growth rate of 6.98%[46]. Corporate Governance - The company adheres to corporate governance standards, ensuring a clear separation of powers among shareholders, the board, and management, promoting transparency and accountability[112]. - The board of directors includes independent members constituting one-third of the total, ensuring compliance with legal and regulatory requirements[113]. - The company has effectively implemented rules for shareholder meetings, with all resolutions passed without opposition during the 2021 annual meeting[114]. - The company respects the rights of stakeholders and aims to balance interests among shareholders, employees, and society for sustainable development[112]. Environmental Responsibility - The company has implemented energy management measures, including monitoring energy consumption and optimizing equipment operation, to reduce energy waste[156]. - The company plans to install photovoltaic panels on factory rooftops to reduce carbon dioxide emissions as part of its clean energy initiatives[157]. - The company produced 86 tons of general solid waste from machining processes, with 12 tons reused in production, and no excess discharge reported[152]. - The company generated 120 tons of hazardous solid waste from smelting, all of which was disposed of by a qualified third party, with no excess discharge reported[152]. Employee Management - The company has established a comprehensive training program that includes various training types such as corporate culture, management skills, and professional skills training[137]. - The company has implemented a salary policy that ensures internal equity and external competitiveness, with different compensation structures for direct production and non-production staff[135]. - The company has a total of 266 employees with a bachelor's degree or higher, and 1,025 employees with a high school education or below[134]. Shareholder Information - The total number of shareholders reached 10,319 by the end of the reporting period, down from 11,272 the previous month[193]. - The largest shareholder, Zhuhai Runchen, held 60.94% of shares before the issuance, which decreased to 45.70% afterward[191]. - Foreign ownership accounted for 31.47% of total shares, with 21.46% held by foreign legal entities[184]. Financial Management - The company has a cash dividend policy that mandates a minimum cash distribution of 10% of the distributable profits for the year, provided the company is profitable and has sufficient operational funds[140]. - The company has established a robust internal control system that complies with regulations and enhances decision-making efficiency, ensuring asset safety and strategic implementation[146]. - The internal control audit report issued by Zhonghui CPA confirmed that the company maintained effective financial reporting internal controls in all significant aspects[147].