Group 1: Financial Performance - In 2021, the company achieved a revenue of ¥1,186,526,229.26, representing a year-on-year growth of 7.99% [3] - The net profit attributable to shareholders was ¥75,839,985.35, showing a decline of 35.87% compared to the previous year [3] - The company plans to address the issue of revenue growth without profit increase by adapting to market demands and expanding sales channels in 2022 [4] Group 2: Market Strategy and Operations - The company focuses on high-performance, environmentally friendly zinc-manganese batteries, with a product range that includes various alkaline and carbon batteries [3] - The operational model integrates research and development, procurement, production, and sales [3] - The company aims to enhance its marketing capabilities and adjust product prices in response to rising industry costs in 2022 [4] Group 3: Research and Development - The company holds 80 patents, including 20 invention patents, 59 utility model patents, and 1 design patent [2] - It has established a provincial-level high-tech enterprise research and development center, showcasing strong R&D capabilities [2] - The company is committed to continuous innovation and improving battery performance through partnerships and independent research [5] Group 4: Market Challenges and Future Outlook - The company is facing challenges due to rising raw material prices, particularly zinc and electrolytic manganese dioxide, which have impacted profit margins [4] - The ongoing geopolitical tensions, such as the Russia-Ukraine conflict, have led to increased prices for bulk raw materials, affecting sales [4] - The company envisions becoming a globally recognized leader in the zinc-manganese battery sector by enhancing product quality and service [5]

Financial Performance - Q3 2022 revenue was CNY 313,190,551.63, a decrease of 6.80% compared to the same period last year[5] - Total operating revenue for Q3 2022 was ¥810,350,024.90, a decrease of 9.8% compared to ¥899,145,006.37 in Q3 2021[22] - Total operating costs decreased to ¥735,162,315.15 from ¥841,365,628.24, representing a reduction of 12.6%[22] - Net profit for Q3 2022 was ¥73,482,466.85, an increase of 13.0% from ¥64,811,153.05 in Q3 2021[23] - Operating profit rose to ¥85,044,815.53, up 28.5% from ¥66,190,866.11 in the same quarter last year[22] - Net profit attributable to shareholders was CNY 37,399,416.59, an increase of 42.69% year-on-year[5] - Net profit excluding non-recurring items reached CNY 39,179,120.73, up 95.25% from the previous year[5] - Basic and diluted earnings per share were both CNY 0.28, reflecting a 40.00% increase compared to the same period last year[6] - Basic and diluted earnings per share remained stable at ¥0.55 for both Q3 2022 and Q3 2021[24] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 92,111,232.94, showing a significant increase[6] - Cash inflow from operating activities for the first three quarters of 2022 was ¥874,463,108.61, down from ¥959,245,789.23 in the same period of 2021[24] - Cash paid for goods and services in the first three quarters of 2022 was ¥659,387,131.03, a decrease from ¥820,315,961.23 in the previous year[24] - The net cash flow from operating activities was 92,111,232.94, a significant increase from 7,716,267.98 in the previous period, indicating improved operational efficiency[25] - The ending balance of cash and cash equivalents was 76,488,095.93, up from 70,542,294.97, reflecting a solid liquidity position[25] - Total cash outflow from operating activities was 782,351,875.67, down from 951,529,521.25, indicating a decrease in operational cash expenses[25] - The company reported a cash inflow from the disposal of fixed assets and other long-term assets of 1,738,840.00, compared to 699,595.40 previously, highlighting asset management efforts[25] - The impact of exchange rate changes on cash and cash equivalents was positive at 5,756,234.38, contrasting with a negative impact of -999,290.76 in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,460,084,730.84, a 2.06% increase from the end of the previous year[6] - As of September 30, 2022, the total assets of the company amounted to ¥1,460,084,730.84, an increase from ¥1,430,615,509.93 at the end of 2021[16] - Total liabilities stood at ¥295,860,767.76, slightly up from ¥293,178,163.15 in the previous year[18] - The company's equity attributable to shareholders increased to ¥1,164,223,963.08 from ¥1,137,437,346.78, reflecting a growth of approximately 2.3%[18] - The total current liabilities were reported at ¥243,255,397.79, marginally higher than ¥242,926,126.21 from the previous year[18] - The company reported a total non-current asset value of ¥333,882,711.45, up from ¥291,636,593.23, indicating a growth of approximately 14.5%[17] Investment and Future Outlook - Cash inflow from investment activities totaled 1,836,638,419.90, compared to 752,985,586.51 in the prior period, reflecting a strong investment recovery[25] - The net cash flow from investment activities was -21,912,451.35, an improvement from -432,872,896.09, suggesting better management of investment expenditures[25] - Cash outflow from financing activities was 46,765,760.00, down from 83,448,204.30, indicating reduced financial obligations[25] - The company has not provided any specific guidance or outlook for future performance in the current report[15] Cost Management and Efficiency - Research and development expenses for Q3 2022 were ¥24,736,517.79, down from ¥28,204,345.89 in Q3 2021, indicating a focus on cost management[22] - The company reported a financial income of ¥12,177,801.91, compared to ¥7,751,228.52 in the previous year, reflecting improved investment performance[22] - The company benefited from the appreciation of its main products' gross profit margin due to the depreciation of the RMB against the USD[10] - The company reported a decrease in cash outflows for procurement payments, contributing to improved cash flow[10] - Non-recurring gains and losses included government subsidies of CNY 1,075,065.99 for the current period[8]

Financial Performance - The company's operating revenue for the first half of the year was ¥497.16 million, a decrease of 11.71% compared to ¥563.11 million in the same period last year[20]. - The net profit attributable to shareholders was ¥36.08 million, down 6.52% from ¥38.60 million year-on-year[20]. - The basic earnings per share decreased by 22.86% to ¥0.27 from ¥0.35 in the previous year[21]. - The weighted average return on equity fell to 3.14%, a decrease of 1.85 percentage points from 4.99% in the same period last year[21]. - The net cash flow from operating activities was ¥37.89 million, down 6.21% from ¥40.40 million year-on-year[20]. - The company reported a decrease in net profit after deducting non-recurring gains and losses by 17.73% to ¥24.60 million from ¥29.91 million year-on-year[20]. - The company achieved operating revenue of CNY 497.16 million, a decrease of 11.71% compared to the same period last year[42]. - The net profit attributable to shareholders was CNY 36.08 million, down 6.52% year-on-year, with a net profit of CNY 33.41 million in Q2 2022, an increase of 135.95% year-on-year[42]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1.40 billion, a decrease of 2.01% from ¥1.43 billion at the end of the previous year[20]. - The company's total liabilities included a significant decrease in notes payable by 82.98% to ¥7,636,194.95, attributed to a reduction in bank acceptance bills[49]. - The company's accounts receivable decreased by 2.57% to ¥157,192,196.11, while prepayments increased by 32.99% to ¥4,507,970.85, mainly due to increased prepayments for diaphragm paper[49]. - The company's inventory decreased by 9.98% to ¥200,481,618.59, indicating a reduction in stock levels[49]. - The company's construction in progress increased significantly by 215.16% to ¥52,726,424.00, reflecting increased investment in fundraising projects[49]. - The company's total assets as of June 30, 2022, were CNY 1.40 billion, a decrease of 2.01% compared to the same period last year[42]. - The total liabilities decreased to CNY 274,922,398.65 from CNY 293,178,163.15, showing a decline of approximately 6.2%[100]. Research and Development - The company has invested a total of ¥44,313.41 million in the expansion and technology improvement of alkaline zinc-manganese battery production, with a current progress of 36.75%[53]. - Research and development expenses amounted to CNY 17.34 million, a decrease of 8.27% compared to the previous year[45]. - The company has actively pursued technology research and development, focusing on projects such as manganese powder characteristics and self-made conductive agents[44]. Market and Industry Trends - The company anticipates that zinc prices will show certain resilience in the second half of the year due to supply constraints[32]. - China remains the world's largest manufacturer and exporter of zinc-manganese batteries, with overall export trends showing an upward trajectory despite slight fluctuations[33]. - The global smart home market is projected to grow from $51 billion in 2015 to $173 billion by 2025, reflecting a compound annual growth rate (CAGR) of approximately 13%[35]. - The company has experienced stable growth in the home appliance sector, which continues to drive demand for zinc-manganese batteries[34]. Corporate Governance and Compliance - The company guarantees the authenticity, accuracy, and completeness of the semi-annual report[7]. - The report has not been audited, and the financial report is confirmed by the responsible persons[7]. - The company has not faced any violations in decision-making procedures for external guarantees[6]. - There are no significant lawsuits or arbitration matters reported during the reporting period[80]. - The company has not received any penalties or corrective actions related to violations during the reporting period[81]. - The company has a commitment to fair and transparent related party transactions, ensuring compliance with relevant laws and regulations[77]. Shareholder Information - Total number of ordinary shareholders as of the end of the reporting period is 20,816[87]. - The top two shareholders, Yu Yuankang and Chen Enle, each hold 20,000,000 shares, representing 15.00% of the total shares[89]. - The total number of shares held by the top ten shareholders remains unchanged during the reporting period[86]. - The company commits to not transferring more than 25% of its total shares held during its tenure and will not transfer shares within six months after leaving the position[72]. Financial Reporting and Accounting Policies - The financial statements were prepared in accordance with the accounting standards issued by the Ministry of Finance[137]. - The company’s accounting period runs from January 1 to December 31 each year[141]. - The company recognizes the assets and liabilities of the acquired entity at their book value on the consolidation date, adjusting for any differences in accounting policies[145]. - The company employs valuation techniques that prioritize observable inputs when determining fair value[166]. Operational Efficiency - The company has maintained its integrated business model of research, procurement, production, and sales, emphasizing independent research and development[28]. - The company has implemented a strict supplier evaluation system to manage raw material procurement, enhancing efficiency and maintaining good relationships with suppliers[37]. - The company has invested in advanced manufacturing technologies, achieving a high level of automation and digitalization in its production processes, which significantly improves efficiency and product quality[38]. - The company has implemented a flexible production model, optimizing material handling and improving production line efficiency[43].

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 75,839,985.35 for the year 2021[6]. - The company's operating revenue for 2021 was approximately ¥1.19 billion, representing a year-on-year increase of 7.99% compared to ¥1.10 billion in 2020[22]. - The net profit attributable to shareholders decreased by 35.87% to approximately ¥75.84 million in 2021 from ¥118.27 million in 2020[22]. - The cash flow from operating activities decreased by 48.61% to approximately ¥77.99 million in 2021, down from ¥151.77 million in 2020[22]. - The total assets increased by 58.22% to approximately ¥1.43 billion at the end of 2021, compared to ¥904.17 million at the end of 2020[23]. - The basic earnings per share decreased by 47.46% to ¥0.62 in 2021, down from ¥1.18 in 2020[24]. - The weighted average return on equity decreased by 13.97 percentage points to 8.02% in 2021 from 21.99% in 2020[24]. - The company's net assets attributable to shareholders increased by 94.91% to approximately ¥1.14 billion at the end of 2021, compared to ¥583.58 million at the end of 2020[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 55.68 million RMB, down 45.30% year-on-year[34]. - The company reported a significant increase in sales costs, which rose by 19.22% to 998,939,714.26 CNY due to rising raw material prices[60]. Dividend Distribution - The proposed cash dividend distribution is RMB 3.50 per 10 shares, totaling RMB 46,669,000.00 to be distributed to all shareholders[6]. - The company did not adjust its profit distribution policy during the reporting period[134]. - The company has a clear cash dividend policy that aligns with its articles of association and shareholder resolutions[135]. Market and Product Development - The company is focused on expanding its market presence and enhancing product development capabilities[10]. - The company plans to continue expanding its market presence and developing new products to enhance profitability[24]. - The company launched three new intelligent high-speed production lines, integrating 5G and industrial IoT technology for fully automated production[35]. - The company conducted 13 research projects and obtained 12 new utility model patents in 2021[37]. - The company is investing in an expansion project for alkaline zinc-manganese batteries with a total investment of ¥44,313.41 million, of which ¥25,398.23 million is raised from public offerings[87]. Risks and Compliance - The company has detailed the risks it may face in the "Management Discussion and Analysis" section of the report[8]. - The company emphasizes that future plans and strategic developments mentioned do not constitute a substantive commitment to investors[7]. - The company faces risks from trade protection policies, raw material price volatility, and exchange rate fluctuations that could adversely affect its export business[94]. - The company emphasizes strict compliance with information disclosure laws, ensuring timely and accurate reporting to protect investor rights[99]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[8]. Corporate Governance - The company has established a robust internal control system to manage financial and operational risks effectively[102]. - The management team is experienced and well-structured, enabling the company to quickly adapt to market trends and customer demands, facilitating rapid business growth[56]. - The board of directors and senior management are elected through legal procedures, with no undue influence from controlling shareholders on personnel decisions[101]. - The company has established specialized committees, including the nomination and compensation committees, to enhance governance[120]. - The company is committed to maintaining high standards of corporate governance and transparency in its financial reporting[111]. Research and Development - The company has established a comprehensive R&D system, focusing on market demand and collaboration across departments, resulting in a robust and efficient product development process[50]. - Research and development expenses increased by 10.69% to 35,249,445.67 CNY, reflecting the company's commitment to innovation[60]. - The company is focused on developing core technologies related to battery stability and performance, aiming to increase market share through product innovation[92]. Employee and Talent Management - The company has implemented a comprehensive employee rights protection mechanism, fostering a fair and safe work environment[142]. - The company is actively recruiting high-caliber talent and providing training opportunities to enhance employee capabilities and foster innovation[93]. - The total number of employees in the parent company and major subsidiaries is 866, with 583 in production roles[128]. Financial Management - The company raised 12,000 million in 2021, maintaining a capital structure with principal protection[173]. - The company reported a return range of 1.50% to 3.54% for its financial products in 2021[173]. - The company has a principal protection feature in its financial products, enhancing investor confidence[177]. Shareholder Information - The total number of ordinary shareholders was 21,364, an increase from 21,125 at the end of the previous month[197]. - The largest shareholder, Yu Yuankang, owns 20,000,000 shares, accounting for 15.00% of the total shares[199]. - The top ten shareholders hold a total of 100,000,000 shares, representing 75.00% of the total shares[199].

Financial Performance - The company's operating revenue for Q1 2022 was ¥246,544,623.49, representing a decrease of 13.71% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥2,676,727.04, down 89.05% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥4,245,562.08, a decline of 118.67% compared to the previous year[5]. - Basic and diluted earnings per share were both ¥0.02, reflecting a decrease of 91.67%[6]. - The weighted average return on equity decreased by 3.86 percentage points to 0.24%[6]. - The significant decline in net profit was primarily due to a sharp increase in the prices of key raw materials, zinc and electrolytic manganese dioxide[10]. - The net profit for Q1 2022 was CNY 2,676,727.04, a significant decrease of 89.0% compared to CNY 24,442,301.84 in Q1 2021[22]. - Operating profit for Q1 2022 was CNY 3,229,388.84, down 88.9% from CNY 28,987,376.41 in Q1 2021[22]. - Total revenue from operating activities was CNY 273,428,018.21, a decrease from CNY 286,478,301.42 in the same period last year[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,421,326,048.78, a decrease of 0.65% from the end of the previous year[6]. - Total current assets decreased to CNY 1,122,126,712.40 from CNY 1,138,978,916.70 at the end of 2021, indicating a slight contraction in liquidity[17]. - Total liabilities as of March 31, 2022, were CNY 281,211,974.96, down from CNY 293,178,163.15 at the end of 2021, showing improved financial stability[19]. - Total assets decreased to CNY 1,421,326,048.78 from CNY 1,430,615,509.93 at the end of 2021, indicating a reduction in overall asset base[18]. Cash Flow - The company reported a net cash flow from operating activities of -¥1,057,333.26, which is not applicable due to reduced procurement during the reporting period[10]. - Cash flow from operating activities showed a net outflow of CNY 1,057,333.26, compared to a net outflow of CNY 35,314,697.38 in Q1 2021[26]. - Investment activities generated a net cash inflow of CNY 28,923,547.06, down from CNY 43,647,984.29 in the previous year[27]. - The cash and cash equivalents at the end of Q1 2022 totaled CNY 75,062,660.68, compared to CNY 26,374,637.54 at the end of Q1 2021[27]. - Cash and cash equivalents as of March 31, 2022, amounted to CNY 84,178,888.03, an increase from CNY 55,225,745.63 at the end of 2021[17]. Costs and Expenses - Total operating costs for Q1 2022 were CNY 251,231,654.56, down from CNY 257,070,102.48 in Q1 2021, reflecting a cost reduction strategy[21]. - The company reported a net profit margin decline due to increased operational costs despite a decrease in total revenue[21]. - The total tax expenses for Q1 2022 were CNY 418,155.35, a decrease from CNY 4,540,079.31 in the same period last year[22]. - Research and development expenses increased to CNY 10,211,104.82, up 17.3% from CNY 8,702,988.30 in the previous year[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,125[13]. Strategic Focus - The company is focusing on enhancing its product development and market expansion strategies to recover from the revenue decline[21]. - The company plans to invest in new technologies and product lines to drive future growth and market competitiveness[21]. Non-Recurring Gains - Non-recurring gains included government subsidies amounting to ¥2,971,551.87 and gains from entrusted investment management of ¥4,093,676.46[7]. - The company reported a significant increase in other income to CNY 2,946,551.87, compared to CNY 712,120.47 in Q1 2021[22].

证券代码：605378 证券简称：野马电池 公告编号：2021-032 浙江野马电池股份有限公司 关于参加"宁波辖区 2021 年度上市公司投资者网上 集体接待日主题活动"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。 重要提示： 活动时间：2021 年 11 月 18 日（星期四）下午 15:00-17:00 活动方式：网络文字互动 活动平台：全景网投资者关系互动平台（http://ir.p5w.net） 为进一步加强辖区上市公司与投资者特别是中小投资者的沟通交流，增强 上市公司的透明度，提升公司治理水平，促进公司规范运作，在宁波证监局指 导下，宁波上市公司协会联合深圳市全景网络有限公司共同举办"心系投资者 携手共行动"——宁波辖区 2021 年度上市公司投资者网上集体接待日主题活 动。活动于 2021 年 11 月 18 日下午 15:00-17:00 举行，平台登陆地址为： https://rs.p5w.net。 届时，公司高管人员将参加本次活动，通过网络在线交流形式，就公司治 理、发展战略、经营状况、可持 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥336,038,823.78, a decrease of 11.03% compared to the same period last year[5] - The net profit attributable to shareholders was ¥26,210,548.26, down 47.34% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥20,066,362.45, a decline of 52.66% compared to the previous year[5] - The basic earnings per share for Q3 2021 was ¥0.20, a decrease of 60.00% from the same period last year[6] - The diluted earnings per share for Q3 2021 was also ¥0.20, reflecting a 60.00% decline year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥899,145,006.37, an increase of 10.1% compared to ¥816,272,460.93 in the same period of 2020[21] - Net profit for the first three quarters of 2021 was ¥64,811,153.05, a decrease of 27.6% from ¥89,528,262.77 in the same period of 2020[22] - Basic and diluted earnings per share for the third quarter of 2021 were both ¥0.55, down from ¥0.90 in the same quarter of 2020[23] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,478,081,605.67, representing a 63.47% increase compared to the end of the previous year[6] - The company's total liabilities increased to ¥351,673,091.19 from ¥320,589,544.15, which is an increase of 9.8%[19] - The company's total equity capital increased to ¥133,340,000.00 from ¥100,000,000.00, reflecting a growth of 33.3%[19] - The company's total liabilities and equity reached ¥1,478,081,605.67, compared to ¥904,172,559.35 in the previous year[20] Cash Flow - Cash flow from operating activities for the year-to-date was ¥7,716,267.98, down 92.91% compared to the previous year[6] - Cash flow from operating activities for the first three quarters of 2021 was ¥7,716,267.98, significantly lower than ¥108,857,788.73 in the previous year[26] - Cash inflow from investment activities in the first three quarters of 2021 totaled ¥752,985,586.51, compared to ¥634,923,778.35 in 2020[26] - Cash outflow from investment activities for the first three quarters of 2021 was ¥1,185,858,482.60, an increase from ¥691,354,115.59 in the previous year[26] - The company reported a net cash outflow from investment activities of ¥432,872,896.09 for the first three quarters of 2021, compared to a smaller outflow of ¥56,430,337.24 in the previous year[26] - Net cash inflow from financing activities amounted to ¥561,428,063.20, while cash outflow totaled ¥83,448,204.30, resulting in a net cash flow of ¥477,979,858.90[27] - The company reported a net increase in cash and cash equivalents of ¥51,823,940.03, bringing the ending balance to ¥70,542,294.97[27] - The company paid dividends and interest totaling ¥66,670,000.00 during the quarter[27] - The impact of exchange rate fluctuations on cash and cash equivalents was a decrease of ¥999,290.76[27] Inventory and Current Assets - Total current assets reached ¥1,190,822,631.68, up from ¥650,477,423.94 in the previous year, indicating an increase of 83.3%[18] - The company's inventory rose to ¥254,323,739.30, compared to ¥189,900,384.97 in 2020, reflecting a growth of 33.9%[18] - The accounts receivable increased to ¥224,001,082.41 from ¥168,282,068.05, showing a growth of 33.1%[17] Strategic Initiatives - The company experienced significant raw material price increases, which adversely affected the gross profit margin[10] - The company plans to address the challenges posed by rising costs and supply chain issues in future strategies[10] - The production efficiency and energy utilization rate improved by 25% and 18.5% respectively due to the implementation of the "5G-based Wild Horse Battery Smart Factory Phase I" project[15] - The company successfully listed its "Battery Product Production Fine Control Capability" project among the 194 demonstration projects selected by the Ministry of Industry and Information Technology[15]

Financial Performance - The company's operating revenue for the first half of 2021 was RMB 563,106,182.59, representing a 28.39% increase compared to RMB 438,589,060.50 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was RMB 38,600,604.79, a decrease of 2.91% from RMB 39,756,995.87 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 29,907,107.48, down 14.76% from RMB 35,085,928.93 in the same period last year[18]. - The net cash flow from operating activities was RMB 40,398,115.16, a decline of 25.33% compared to RMB 54,103,231.00 in the previous year[18]. - Basic earnings per share decreased by 12.50% to CNY 0.35 compared to the same period last year[19]. - The weighted average return on equity decreased by 2.78 percentage points to 4.99% compared to the previous year[19]. - The company reported a total non-recurring gains and losses of CNY 8,693,497.31, with significant contributions from government subsidies and other non-operating income[23]. Assets and Liabilities - The net assets attributable to shareholders of the listed company at the end of the reporting period were RMB 1,100,197,966.22, an increase of 88.52% from RMB 583,583,015.20 at the end of the previous year[18]. - Total assets at the end of the reporting period were RMB 1,429,215,280.00, reflecting a growth of 58.07% from RMB 904,172,559.35 at the end of the previous year[18]. - Total liabilities amounted to CNY 329,017,313.78, slightly up from CNY 320,589,544.15, indicating a marginal increase of 0.4%[98]. - The company's total equity increased significantly to ¥1,080,920,839.32 from ¥566,110,237.06, representing an increase of about 91%[102]. Operational Challenges - The company faced challenges such as rising raw material prices and currency fluctuations, impacting its gross profit margin[19]. - The company faced significant challenges including a sharp rise in raw material prices, soaring international shipping costs, and currency fluctuations, yet managed to maintain net profit levels comparable to the previous year[38]. - The company is exposed to foreign exchange risks due to its significant export activities, which could lead to substantial exchange losses if currency rates fluctuate unfavorably[54]. Research and Development - The company focuses on the manufacturing of high-performance, environmentally friendly zinc-manganese batteries, which are widely used in various electronic devices[26]. - The company has established a comprehensive R&D system, emphasizing market demand and cross-departmental collaboration[27]. - Research and development expenses rose by 30.76% to ¥18,899,886.78, attributed to the need for updated testing equipment[41]. - The company holds 75 patents, including 20 invention patents, and has been recognized as a provincial high-tech enterprise research and development center, showcasing its strong R&D capabilities[35]. Market Position and Strategy - The company is actively expanding its overseas market presence, with a significant portion of sales coming from international clients[29]. - The company has established long-term stable partnerships with numerous international commercial chains and electronic device manufacturers, enhancing its customer resource advantage[35]. - The company is positioned among the top manufacturers and exporters in the zinc-manganese battery industry, benefiting from significant economies of scale and advanced manufacturing capabilities[34]. Financial Integrity and Compliance - The company did not distribute profits or increase capital reserves during the reporting period[4]. - There were no significant risks that materially affected the company's production and operations during the reporting period[6]. - The company has not engaged in non-operating fund occupation by controlling shareholders or related parties[6]. - The report was not audited, but the management team confirmed the accuracy and completeness of the financial report[7]. - The company has not reported any environmental penalties and adheres to environmental regulations, ensuring compliance and sustainable operations[61]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 25,975[84]. - The top ten shareholders collectively hold 15% of the shares, with each of the top five shareholders holding 20 million shares, representing 15% each[87]. - The company has 20 million shares held by Yu Yuankang and Chen Enle, both with a 15% stake, which are subject to a lock-up period until April 12, 2024[90]. Future Outlook - The company is expanding its production capacity with a project to increase alkaline zinc-manganese battery production, with planned investments of ¥25,398.23 million[50]. - The company has committed to not transferring or entrusting the management of shares held prior to the IPO for 36 months from the date of listing[65]. - The company will announce a share buyback plan within two trading days if any illegal activities are confirmed by regulatory authorities[69].

Financial Performance - In 2020, the company achieved a net profit attributable to shareholders of RMB 118,265,852.10, with cumulative distributable profits reaching RMB 237,625,988.58 as of December 31, 2020[5]. - The company's operating revenue for 2020 was approximately CNY 1.10 billion, representing a year-on-year increase of 10.92% compared to CNY 990.62 million in 2019[23]. - The net profit attributable to shareholders of the listed company decreased by 4.01% to CNY 118.27 million in 2020 from CNY 123.20 million in 2019[23]. - The net cash flow from operating activities was CNY 151.77 million, down 22.30% from CNY 195.34 million in 2019[23]. - The total assets at the end of 2020 reached CNY 904.17 million, an increase of 17.82% from CNY 767.40 million at the end of 2019[24]. - The net assets attributable to shareholders of the listed company increased by 15.49% to CNY 583.58 million at the end of 2020 from CNY 505.32 million at the end of 2019[24]. - The basic earnings per share for 2020 was CNY 1.18, a decrease of 4.07% compared to CNY 1.23 in 2019[25]. - The weighted average return on equity decreased by 4.43 percentage points to 21.99% in 2020 from 26.42% in 2019[25]. - The company reported a total of CNY 16.47 million in non-recurring gains and losses for 2020, compared to CNY 7.44 million in 2019[29]. Profit Distribution - The proposed profit distribution plan includes a cash dividend of RMB 5.00 per 10 shares, totaling RMB 66,670,000.00 to be distributed to shareholders[5]. - The company’s cash dividend policy has remained stable, ensuring continuous returns to shareholders while protecting their rights[80]. - The company distributed dividends totaling CNY 40,000,000.00, a reduction from CNY 68,000,000.00 in the previous year, indicating a decrease of 41.2%[171]. Risk Management - The company has provided a detailed risk description in the report, highlighting potential risks in future development[8]. - The company faces risks related to trade protection policies and fluctuations in raw material prices, which could impact export sales[74]. - The company has a significant export business, which exposes it to foreign exchange risks, including potential losses from unfavorable currency fluctuations[76]. - The company has confirmed that there are no significant lawsuits or arbitration matters during the reporting period, indicating a stable legal environment[99]. Corporate Governance - The company is committed to ensuring the authenticity, accuracy, and completeness of the annual report, with all board members present at the meeting[8]. - The company has pledged to strictly adhere to laws and regulations regarding related party transactions, ensuring fair and equitable dealings, and will disclose such transactions in a timely manner[93]. - The company has appointed Lixin Accounting Firm with an audit fee of CNY 1,000,000 for a term of 4 years, ensuring professional oversight of financial reporting[98]. - The company has a governance structure that includes a general meeting of shareholders, a board of directors, and a supervisory board, ensuring clear division of responsibilities[137]. Research and Development - The company holds 75 patents, including 20 invention patents, demonstrating strong R&D capabilities in high-performance zinc-manganese batteries[43]. - The company’s R&D expenses rose by 10.48% to ¥31,844,929.18, reflecting ongoing investment in innovation[51]. - The company plans to continue focusing on research and development to drive future growth and innovation[163]. - The company is investing 50 million in R&D for new technologies aimed at enhancing battery efficiency[128]. Market Expansion - The company plans to continue expanding its market presence and investing in new product development to drive future growth[22]. - The company is focused on expanding its overseas market presence, with a significant portion of sales coming from international markets[34]. - Market expansion plans include entering two new international markets by the end of 2023, projected to increase market share by 5%[128]. - The company is considering strategic acquisitions to bolster its product line, with a budget of 100 million allocated for potential deals[128]. Financial Stability - The company’s total assets at the end of 2020 were CNY 566,110,237.06, indicating stability and growth in asset management[185]. - The total liabilities and equity at the end of 2020 amounted to CNY 566,110,237.06, showing a robust financial position[185]. - The total debt has been reduced by 10% over the last year, enhancing the company's financial stability[128]. - The company’s cash and cash equivalents decreased by 13.90% to CNY 41,528,586.31 compared to the previous year[66]. Operational Efficiency - The company has developed advanced smart manufacturing capabilities, integrating various industrial IoT systems to enhance production transparency and efficiency[40]. - The company implemented a fully automated production process for alkaline batteries, enhancing product quality and efficiency[46]. - The company employs a "sales-driven procurement" model, aligning procurement with production plans and sales orders to optimize inventory management[34]. - The company aims to enhance production efficiency and product quality through automation and information technology upgrades[73]. Shareholder Information - The top six shareholders collectively hold 75% of the company, with Yu Yankang and Chen Enle each holding 15%, and Chen Yijun, Yu Gufeng, Chen Kejun, and Yu Guyong each holding 11.25%[119]. - The company does not have any strategic investors or general legal entities among its top 10 shareholders[118]. - The company has no controlling shareholder, as the top six shareholders are all natural persons and cannot individually control the company[119]. - The total pre-tax compensation for the board members and senior management during the reporting period amounted to approximately 1,000,000 CNY, with individual compensations ranging from 8.00 CNY to 160.03 CNY[125].

2021 年第一季度报告 公司代码：605378 公司简称：野马电池 浙江野马电池股份有限公司 2021 年第一季度报告 1 / 19 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 7 | 2021 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | | | 单位：元 币种：人民币 | | | --- | --- | --- | --- | --- | | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | | | | 减(%) | | | 总资产 | 886,121,737.33 | 904,172,559.35 | | -2.00 | | 归属于上市公司 | 608,025,317.04 | 583,583,015.20 | | 4.19 | | 股东的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的 | -35,314,697.38 | -7,84 ...