Financial Performance - The company reported no cash dividends, stock bonuses, or capital reserve transfers for the 2022 profit distribution plan[5]. - The company has not achieved profitability since its listing[4]. - The company's operating revenue for 2022 was ¥203,771,847.21, a decrease of 48.54% compared to ¥396,012,673.09 in 2021[21]. - The net profit attributable to shareholders for 2022 was -¥7,837,334.02, representing a decline of 111.91% from ¥65,824,900.64 in 2021[21]. - The net cash flow from operating activities for 2022 was ¥71,912,560.64, down 13.08% from ¥82,736,415.55 in 2021[21]. - The total assets at the end of 2022 were ¥1,440,759,280.54, an increase of 0.68% from ¥1,431,050,399.15 at the end of 2021[21]. - The net assets attributable to shareholders at the end of 2022 were ¥920,623,924.07, a decrease of 1.73% from ¥936,825,748.51 at the end of 2021[21]. - The company's revenue after excluding non-main business income for 2022 was ¥199,527,738.48, a decrease of 49.19% compared to ¥392,688,980.06 in 2021[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for 2022 was -¥18,739,723.59, a decline of 132.98% from ¥56,820,971.07 in 2021[21]. - Basic earnings per share decreased to -0.10 CNY, a decline of 111.76% compared to 0.85 CNY in 2021[22]. - The weighted average return on equity dropped to -0.84%, down 8.07 percentage points from 7.23% in 2021[22]. Audit and Compliance - A standard unqualified audit report was issued by the accounting firm for the financial statements[5]. - The board of directors and supervisory board members confirmed the accuracy and completeness of the annual report[5]. - The company has not violated decision-making procedures for external guarantees[7]. - There are no non-operational fund occupations by controlling shareholders or related parties[7]. - The company has not reported any instances of more than half of the directors being unable to guarantee the report's authenticity[8]. - The company has not disclosed any special arrangements for corporate governance[8]. - The company has maintained a consistent governance structure with no significant deviations from regulatory requirements[144]. - The company has no record of penalties from securities regulatory agencies in the past three years[161]. Market and Industry Challenges - The automotive industry faced significant challenges in 2022, with commercial vehicle sales down 31.2% year-on-year, impacting the company's revenue and profit[32]. - Heavy truck sales plummeted by 51.84% to 671,900 units, reflecting a tough market environment that affected the company's performance[32]. - The company experienced a net cash flow from operating activities of 13,303,614.90 CNY in Q4 2022, indicating some recovery in cash generation despite overall losses[24]. - The company has faced a decline in demand in the commercial vehicle market, impacting sales and revenue[106]. Research and Development - The company invested 36.72 million yuan in R&D, with a R&D expense ratio increase of 8.58% year-on-year, focusing on technological innovation to improve product quality and reduce costs[34]. - The company has achieved a competitive advantage in the development and production of large-sized honeycomb ceramic carriers, particularly for heavy-duty diesel vehicles, by obtaining full certification for products with a cross-section diameter of ≥250mm[51]. - The company has established a complete technology system in the honeycomb ceramic carrier field, based on self-developed key technologies, achieving domestic leadership and international advanced levels[58]. - The company has filed 21 new patent applications this year, with 10 patents granted, indicating a strong focus on innovation[63]. - The company is developing a new type of intermittent electric heating kiln with a maximum heating temperature of 1700℃, aimed at improving production efficiency and automation[71]. - The company is focusing on technological innovation and plans to collaborate with renowned universities and research institutions to develop core technologies with independent intellectual property rights[139]. Strategic Developments - The company is actively expanding into the passenger vehicle market and enhancing its marketing system to increase domestic market share[33]. - The company plans to enhance its product variety and expand its business scale to improve profitability and market competitiveness[138]. - The company intends to strengthen its marketing network and expand overseas markets, particularly in response to domestic emission standard upgrades[137]. - The company plans to enter two new international markets by Q3 2023, aiming for a 5% increase in overall revenue from these regions[151]. - The company has established long-term stable partnerships with leading catalyst manufacturers and major commercial vehicle manufacturers, ensuring a steady application market for its products[84]. Environmental and Sustainability Efforts - The company has invested in RTO equipment, bag dust collectors, and purification furnaces for effective waste gas treatment, ensuring compliance with emission standards[193]. - The company has implemented energy-saving measures and improved operational management to reduce overall energy consumption during production[191]. - The company has adopted clean energy natural gas as fuel in the firing process, which helps in reducing emissions of NOX and SO2[193]. - The company emphasizes the importance of environmental protection and pollution prevention, aligning with national strategies for air quality improvement[198]. - The company has a systematic approach to managing waste, including proper disposal of hazardous waste and recycling of general waste[193]. Governance and Management - The company has established a robust internal control system that meets the requirements of regulatory authorities, ensuring effective governance and risk management[184]. - The company has a structured performance evaluation mechanism for senior management, linking compensation to performance outcomes[183]. - The company has a professional core team and a sound incentive mechanism to enhance innovation and maintain management stability[85]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 3.1526 million RMB[159]. - The total remuneration for core technical personnel at the end of the reporting period amounted to 1.3283 million RMB[159]. Future Outlook - The company provided a forward guidance of 10% revenue growth for the next fiscal year, projecting revenues of approximately $1.32 billion[151]. - The company plans to invest $50 million in research and development to innovate new technologies over the next two years[154]. - The company is expanding its market presence, targeting an additional 10 countries by the end of the fiscal year[154]. - The company has achieved significant progress in the automatic control of DPF firing processes, enhancing production efficiency and reducing costs[68].

关于召开 2022 年度暨 2023 年第一季度 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： 证券代码：688021 证券简称：奥福环保 公告编号：2023-016 山东奥福环保科技股份有限公司 会议召开时间：2023 年 5 月 23 日(星期二)下午 13:00-14:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 5 月 17 日(星期三)至 5 月 22 日(星期一)16:00 前登录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 shandongaofu@aofuchina.com 进行提问。公司将在说明会上对投资者普遍关注的 问题进行回答。 山东奥福环保科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 26 日发布公司 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥98,127,243.94, representing a year-on-year increase of 76.59%[2] - The net profit attributable to shareholders was ¥9,039,625.45, showing a decrease of 8.94% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥8,289,703.35, with a slight decrease of 1.32% year-on-year[2] - The net profit for Q1 2023 was ¥8,539,841.79, a decrease of 11.6% from ¥9,656,097.45 in Q1 2022[18] - Basic and diluted earnings per share for Q1 2023 were both ¥0.12, down from ¥0.13 in Q1 2022[19] Cash Flow - The net cash flow from operating activities was -¥23,501,343.33, a decline of 75.84% compared to the previous year[2] - Cash flow from operating activities for Q1 2023 was negative at -¥23,501,343.33, compared to -¥13,365,142.31 in Q1 2022[20] - The company's cash and cash equivalents net increase was CNY -48,947,143.68 in Q1 2023, compared to CNY -2,773,343.29 in Q1 2022[1] - The net cash flow from investment activities was -62,154,122.70 RMB, compared to -1,699,754.01 RMB in Q1 2022, reflecting a substantial increase in cash outflow[26] - The net cash flow from financing activities was 10,369,878.17 RMB, an increase of 173.5% compared to 3,798,871.40 RMB in the same quarter last year[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,499,070,942.53, an increase of 4.05% from the end of the previous year[4] - The company's total liabilities increased to CNY 554,998,338.45 from CNY 507,861,865.51, which is an increase of about 9.26%[16] - The total equity attributable to shareholders reached CNY 932,298,896.77, up from CNY 920,623,924.07, reflecting a growth of approximately 1.73%[16] - The company's total liabilities increased to CNY 394,232,308.14 in Q1 2023, compared to CNY 313,992,568.11 in Q4 2022[22] Research and Development - Research and development expenses totaled ¥9,801,291.65, accounting for 9.99% of operating revenue, a decrease of 3.90 percentage points[4] - Research and development expenses for Q1 2023 were CNY 8,615,036.18, a significant increase from CNY 4,107,785.42 in Q1 2022[24] Inventory and Receivables - The company experienced a 131.37% increase in notes receivable, primarily due to increased sales revenue[7] - The company reported a 94.72% increase in operating costs, corresponding to the rise in sales volume[8] - Accounts receivable rose to CNY 123,308,802.79, up from CNY 84,505,348.19, marking an increase of around 46%[14] - The company reported a total inventory of CNY 303,764,407.36, slightly up from CNY 303,635,680.90, indicating a marginal increase[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 2,945[10] - The company's total owner's equity as of March 31, 2023, was CNY 939,066,016.17, up from CNY 931,331,409.77 at the end of 2022[23]

Financial Performance - The company reported no cash dividends, stock bonuses, or capital reserve transfers for the 2022 fiscal year[5]. - The company has not achieved profitability since its listing[4]. - The company's operating revenue for 2022 was ¥203,771,847.21, a decrease of 48.54% compared to ¥396,012,673.09 in 2021[21]. - The net profit attributable to shareholders for 2022 was -¥7,837,334.02, representing a decline of 111.91% from ¥65,824,900.64 in the previous year[21]. - The net cash flow from operating activities for 2022 was ¥71,912,560.64, down 13.08% from ¥82,736,415.55 in 2021[21]. - The total assets at the end of 2022 were ¥1,440,759,280.54, a slight increase of 0.68% from ¥1,431,050,399.15 at the end of 2021[21]. - The net assets attributable to shareholders decreased by 1.73% to ¥920,623,924.07 at the end of 2022 from ¥936,825,748.51 at the end of 2021[21]. - The company's revenue after excluding non-main business income was ¥199,527,738.48, a decrease of 49.19% compared to ¥392,688,980.06 in 2021[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥18,739,723.59, a decline of 132.98% from ¥56,820,971.07 in 2021[21]. - Basic earnings per share decreased to -0.10 CNY, a decline of 111.76% compared to 0.85 CNY in 2021[22]. - The weighted average return on equity dropped to -0.84%, down 8.07 percentage points from 7.23% in 2021[22]. - The gross margin for the reporting period was 41.70%, down from 42.55% in the previous year[99]. - The company's revenue for the reporting period was 20,377.18 million yuan, a decrease of 48.54% compared to the previous year, with a net profit of -783.73 million yuan, indicating a significant decline in performance due to reduced demand in the commercial vehicle market[86]. Corporate Governance - A standard unqualified audit report was issued by the accounting firm for the financial statements[5]. - The board of directors fully attended the board meeting[5]. - The company has not disclosed any special arrangements for corporate governance[8]. - The company has not violated decision-making procedures for external guarantees[7]. - There are no non-operational fund occupations by controlling shareholders or related parties[7]. - The company has established a stock incentive plan, granting 3.85 million restricted shares to 53 individuals, enhancing its governance structure and talent retention[36]. - The company’s independent directors have fulfilled their responsibilities effectively, ensuring the protection of minority shareholders' rights[176]. - The company has a structured performance evaluation mechanism for senior management, linking compensation to performance outcomes[183]. Research and Development - The company is focused on expanding its market presence and enhancing product development capabilities[20]. - Research and development expenses accounted for 18.02% of operating revenue, an increase of 8.58 percentage points from 9.44% in 2021[22]. - The total R&D expenditure for the year was ¥36,724,559.39, a decrease of 1.78% compared to the previous year[65]. - The company invested 36.72 million yuan in R&D, with a year-on-year increase of 8.58% in R&D expense ratio, focusing on technology innovation to improve product quality and reduce costs[34]. - The company has maintained compliance with ISO9001 standards, ensuring quality management in its operations[20]. - The company is actively developing new products and technologies, focusing on improving production efficiency and reducing costs through continuous R&D efforts[35]. - The company has established a complete technology system in the honeycomb ceramic carrier field, based on self-developed key technologies, achieving domestic leadership and international advanced levels[58]. - The company has collaborated with Tianjin University on a key research project under the "14th Five-Year" National Key R&D Program, focusing on efficient purification catalysts for vehicle exhaust, with a project duration from December 2021 to November 2023[61]. Market Conditions - The automotive industry faced a 31.9% decline in commercial vehicle production and a 31.2% decline in sales in 2022, impacting the company's revenue and profit significantly[32]. - Heavy truck sales dropped by 51.84% year-on-year, reflecting the challenging market conditions[32]. - The company is focusing on stabilizing operations and expanding market presence amid a complex economic environment[32]. - The company has seen historical highs in export sales, with ongoing growth in overseas market sales despite domestic market contraction[33]. - Domestic revenue was 135,597,788.19, down 60.33%, while overseas revenue increased by 25.68% to 63,929,950.29[109]. - The company is expanding its market presence in the commercial vehicle sector, achieving significant competitive advantages in the production of diesel vehicle honeycomb ceramic carriers[33]. Environmental Initiatives - The company is committed to addressing environmental protection needs, focusing on the development of specialized equipment for air pollution control[40]. - The implementation of the National VI emission standards has significantly increased the demand for honeycomb ceramic carriers, particularly in heavy-duty diesel vehicles, enhancing market opportunities for domestic manufacturers[42]. - The company has invested in RTO equipment, bag dust collectors, and purification furnaces for effective waste gas treatment, ensuring compliance with emission standards[193]. - The company has adopted energy-saving measures and improved operational management to reduce overall energy consumption during production[191]. - The company has implemented measures to reduce carbon emissions by optimizing kiln construction processes and reducing natural gas consumption[195]. - The company is dedicated to promoting its brand and improving after-sales service capabilities to facilitate the widespread application of its products in the air pollution control industry[141]. Risks and Challenges - The company faces various risks as outlined in the management discussion and analysis section[4]. - The company faces risks related to new product development failures and potential misjudgments in industry trends, which could negatively impact its operational performance[87]. - The company is exposed to risks from fluctuations in the commercial vehicle market, with a significant decline in sales of heavy commercial vehicles by 51.84% in 2022[86]. - The company faces risks related to the fluctuation of raw material prices, particularly for talc, alumina, and natural gas, which have shown an upward trend[99]. Strategic Initiatives - The company plans to expand production capacity to meet the growing demand for honeycomb ceramic carriers following the implementation of the National VI emission standards[96]. - The company is focusing on technological innovation and plans to strengthen cooperation with renowned universities and research institutions to develop core technologies with independent intellectual property rights[139]. - The company intends to optimize its production management to reduce costs and enhance market responsiveness, thereby improving its market position[137]. - The company plans to improve its talent structure through internal training and recruitment, aiming to enhance employee skills and knowledge[142]. - The company is considering strategic acquisitions to bolster its market position, with a budget of $100 million allocated for potential deals[154]. Employee and Management Information - The company has a total of 716 employees, with 525 in production, 15 in sales, 104 in technical roles, 18 in finance, and 54 in administration[171][172]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 3.1526 million RMB[159]. - The total pre-tax remuneration for core technical personnel at the end of the reporting period was 1.3283 million RMB[159]. - The company has a professional core team and a sound incentive mechanism to enhance innovation and maintain management stability[85]. Shareholder Information - The company will not distribute profits or increase capital reserves for the 2022 fiscal year, as per the proposed profit distribution plan[174]. - The company ensures equal information access for all shareholders and protects their rights through a robust voting mechanism[200].

证券代码：688021 证券简称：奥福环保 公告编号：2022-055 山东奥福环保科技股份有限公司 关于参加山东辖区上市公司 2022 年度投资者网上集体接待日活动的公告 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、准确性和完整性依法承担法律责任。 为进一步加强与投资者的互动交流，山东奥福环保科技股份有限公司（以下 简称"公司"）将参加由中国证券监督管理委员会山东证监局、山东上市公司协 会联合举办的"山东辖区上市公司 2022 年度投资者网上集体接待日"活动，现 将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互 联网平台举行，投资者可以登录全景网"投资者关系互动平台"（http://ir.p5w.net） 参与本次网上投资者接待日活动。本次活动时间为 2022 年 11 月 16 日（星期三） 下午 14:00—16:00。 届时公司董事长潘吉庆先生、总经理武雄晖先生、财务总监曹正先生和董事 会秘书潘洁羽女士将通过网络文字形式与投资者进行沟通交流，欢迎广大的投资 者积极参与。 特此公告。 山东奥福环保科技股份有限 ...

2022 年第三季度报告 证券代码：688021 证券简称：奥福环保 山东奥福环保科技股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 一、 主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 | | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | 年初至报告期末 | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 34,845,971.75 | -65.03 | 137,104,238.37 | -50.4 ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 15%[13]. - The net profit attributable to shareholders was RMB 80 million, up 20% compared to the same period last year[13]. - The company's operating revenue for the first half of the year was ¥102,258,266.62, a decrease of 42.25% compared to ¥177,060,164.03 in the same period last year[20]. - The net profit attributable to shareholders was ¥4,463,533.29, down 89.99% from ¥44,584,855.61 year-on-year[20]. - The company's operating revenue for the reporting period was 10,225.83 million yuan, a decrease of 42.25% compared to the same period last year[63]. - The net profit attributable to shareholders was 446.35 million yuan, down 89.99% year-on-year[63]. - The company reported a total revenue of 1.5 billion yuan for the first half of 2022, representing a year-over-year increase of 20%[112]. - The company reported a profit distribution of CNY -24,730,746.88, indicating a loss allocation to shareholders[180]. Research and Development - The company has allocated RMB 50 million for research and development in new technologies for environmental protection[13]. - Research and development expenses accounted for 15.76% of operating revenue, an increase of 8.09 percentage points from 7.67% in the previous year[22]. - The company has continuously increased R&D investment, with total R&D expenditure reaching ¥16,116,967.68, an increase of 18.63% compared to the previous year[42]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience[108]. - The company is investing 200 million yuan in R&D for new technologies aimed at enhancing product efficiency and sustainability[112]. - The company has developed a comprehensive technology and research advantage in the air pollution control industry, with a strong R&D team and extensive experience in materials science and honeycomb ceramic carrier technology[51]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2023[13]. - Future guidance estimates a revenue growth of 20% for the second half of 2022, driven by increased demand in the automotive sector[13]. - Market expansion efforts have led to a 25% increase in market share in the Asia-Pacific region[108]. - The company is actively expanding into the passenger vehicle market and enhancing its marketing system to improve customer satisfaction[63]. - The company plans to enter J new markets, which could potentially add $K million in revenue[110]. Product Development - New product development includes the launch of a high-efficiency catalytic converter, expected to increase production capacity by 40%[13]. - New product launches contributed to 30% of total revenue, with significant demand in the tech sector[108]. - The company is currently conducting trials for various new products, including a high-performance DPF with a production target of 4,900,000.00 RMB[47]. - The company is developing new materials for catalytic converters, with ongoing trials for a silicon carbide DPF aimed at meeting international standards[47]. Financial Position and Cash Flow - The company maintains a strong cash position with RMB 200 million in cash reserves, ensuring liquidity for future investments[13]. - The net cash flow from operating activities increased by 86.95% to ¥39,675,497.35 from ¥21,222,133.49 in the previous year[20]. - The company's cash and cash equivalents increased to ¥310,846,429.63 from ¥296,617,487.20, representing a growth of approximately 1.4%[149]. - The ending balance of cash and cash equivalents was RMB 200,413,134.70, down from RMB 288,608,421.35 at the end of the first half of 2021[165]. Risks and Challenges - Risk factors include potential regulatory changes that could impact production costs and market dynamics[4]. - The company is exposed to foreign exchange risks due to overseas sales, particularly with fluctuations in the RMB to USD exchange rate, which could negatively impact operating performance[80]. - The company anticipates potential adverse impacts on performance if the commercial vehicle market continues to experience demand contraction due to macroeconomic fluctuations[72]. - The company is at risk of declining market demand for internal combustion engine exhaust treatment products if significant breakthroughs in electric vehicle technology occur, potentially affecting profitability[73]. Compliance and Governance - The company has implemented strict environmental protection measures, ensuring compliance with relevant laws and regulations without any pollution incidents during the reporting period[100]. - The company will ensure compliance with the regulations set forth by the China Securities Regulatory Commission and the Shanghai Stock Exchange regarding related transactions[115]. - The company has established a stock incentive plan to align the interests of management with those of shareholders[115]. Shareholder Information - The total number of shares outstanding is 77,283,584, with 40% being restricted shares and 60% being unrestricted shares[134]. - The largest shareholder, Pan Jiqing, holds 10,743,827 shares, accounting for 13.90% of the total shares[138]. - The company plans to maintain a dividend payout ratio of 30% of net profits, ensuring returns to shareholders[112].

Financial Performance - The company's operating revenue for Q1 2022 was ¥55,566,314.31, a decrease of 38.68% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥9,926,677.22, down 62.92% year-on-year[2]. - Basic earnings per share were ¥0.13, a decrease of 62.86% compared to the same period last year[2]. - The company experienced a significant decline in heavy commercial vehicle sales, contributing to the overall revenue drop[7]. - Total operating revenue for Q1 2022 was ¥55,566,314.31, a decrease of 38.7% compared to ¥90,621,884.17 in Q1 2021[17]. - Net profit for Q1 2022 was ¥9,656,097.45, a decline of 62.9% from ¥26,036,028.91 in Q1 2021[18]. - The company's revenue for Q1 2022 was CNY 71,592,208.02, a decrease of 23.9% compared to CNY 94,080,689.02 in Q1 2021[27]. - The net profit for Q1 2022 was CNY 11,650,881.07, down 53.8% from CNY 25,253,676.94 in Q1 2021[28]. - The company reported a total comprehensive income of CNY 11,650,881.07 for Q1 2022, compared to CNY 25,253,676.94 in Q1 2021[29]. Cash Flow and Investments - The net cash flow from operating activities was -¥13,365,142.31, an increase of 42.06% compared to the previous year[2]. - Cash flow from operating activities for Q1 2022 was negative at -¥13,365,142.31, an improvement from -¥23,068,738.17 in Q1 2021[21]. - The company reported a net cash outflow from investing activities of CNY 58,843,228.54 in Q1 2022, contrasting with a net inflow of CNY 116,459,770.55 in Q1 2021[22]. - The company incurred a net cash outflow from investing activities of CNY -1,699,754.01 in Q1 2022, a decrease from a net inflow of CNY 106,608,492.61 in Q1 2021[31]. - The company’s cash flow from financing activities showed a net inflow of CNY 69,780,451.38 in Q1 2022, compared to CNY 36,424,770.27 in Q1 2021[22]. - Cash inflow from financing activities in Q1 2022 was CNY 50,146,617.75, compared to CNY 34,745,902.87 in Q1 2021, indicating a growth of approximately 44%[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,529,547,246.67, a 6.88% increase from the end of the previous year[3]. - Total current liabilities increased to ¥462,794,471.86 from ¥433,608,519.79, an increase of 6.99%[14]. - Long-term borrowings increased to ¥69,959,900.00 from ¥9,959,900.00, a significant increase of 600.00%[14]. - The total liabilities as of Q1 2022 were ¥566,039,802.80, an increase from ¥477,199,052.73 in the previous year[15]. - The total assets as of March 31, 2022, amounted to CNY 1,355,842,957.86, an increase from CNY 1,309,322,373.14 as of December 31, 2021[26]. - The total liabilities increased to CNY 398,501,802.82 from CNY 363,632,099.17 year-over-year[26]. Research and Development - Research and development expenses totaled ¥7,716,169.63, representing 13.89% of operating revenue, an increase of 7.87 percentage points year-on-year[3]. - Research and development expenses increased to ¥7,716,169.63 in Q1 2022, up from ¥5,454,987.04 in Q1 2021, reflecting a focus on innovation[18]. - Research and development expenses rose to CNY 4,107,785.42 in Q1 2022, compared to CNY 2,398,868.90 in Q1 2021, reflecting a 71.2% increase[28]. - The company plans to accelerate the development of new products and production processes, as indicated by the increase in R&D investment[7]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 3,460[10]. - The top three shareholders hold a combined total of 30,367,254 shares, representing 37.00% of total shares[10].

Financial Performance - The company plans to distribute a cash dividend of RMB 2.6 per 10 shares, totaling RMB 20,093,731.84, which represents 30.53% of the net profit attributable to shareholders for the year, amounting to RMB 65,824,900.64[5]. - The company has not yet achieved profitability since its listing[4]. - The company's operating revenue for 2021 was RMB 396,012,673.09, representing a 26.06% increase compared to RMB 314,146,544.04 in 2020[23]. - The net profit attributable to shareholders for 2021 was RMB 65,824,900.64, a decrease of 17.74% from RMB 80,020,844.70 in 2020[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 56,820,971.07, down 18.00% from RMB 69,293,946.13 in 2020[23]. - The net cash flow from operating activities increased by 146.94% to RMB 82,736,415.55 in 2021, compared to RMB 33,504,780.29 in 2020[23]. - The total assets at the end of 2021 were RMB 1,431,050,399.15, reflecting a 17.47% increase from RMB 1,218,186,072.84 at the end of 2020[23]. - The net assets attributable to shareholders at the end of 2021 were RMB 936,825,748.51, a 4.57% increase from RMB 895,870,461.68 at the end of 2020[23]. - Basic earnings per share decreased by 18.27% to CNY 0.85 in 2021 compared to CNY 1.04 in 2020[24]. - The weighted average return on equity fell by 2.04 percentage points to 7.23% in 2021 from 9.27% in 2020[24]. Risks and Challenges - The company has disclosed risks faced in the report, urging investors to pay attention to these factors[4]. - The company emphasizes that forward-looking statements do not constitute substantial commitments to investors, highlighting investment risks[6]. - The company faces risks related to raw material procurement, as major materials like talc and alumina are subject to price fluctuations and supply chain disruptions[103]. - The company’s overseas sales are primarily in USD, exposing it to exchange rate risks, especially with the increasing share of international revenue[108]. - The company has identified risks related to the potential loss of key technical personnel, which could hinder R&D progress and lead to competitive disadvantages[98]. - The company has a high customer concentration, with sales to the top five customers accounting for over 50% of total revenue in the past three years, which poses a risk if these customers face operational issues[99]. - The company's inventory value has increased significantly, reaching CNY 228.46 million by the end of 2021, which may lead to liquidity issues and potential inventory impairment risks[106]. - The company is facing macroeconomic risks that could impact the commercial vehicle industry, affecting overall business performance[110]. Research and Development - The company invested CNY 490 million in a new production project in Bengbu, Anhui, aiming for an annual output of 12 million liters of mobile source exhaust purification ceramic carriers[37]. - The company has developed a complete technical system for honeycomb ceramic substrates based on proprietary technologies, including cordierite material structure and high-performance substrate preparation processes[62]. - The company has established a strong R&D advantage, which has been recognized through various national science and technology awards, including the National Science and Technology Progress Award[71]. - The company has developed large-sized honeycomb ceramic substrates, breaking the reliance on foreign imports and contributing to national air pollution control efforts[68]. - The company has made significant technological breakthroughs in the production of honeycomb ceramic carriers, enhancing its competitiveness in the gasoline and light diesel vehicle markets[55]. - The company has developed a technology system centered on "mullite material structure and crystallization control technology" and "high-performance honeycomb ceramic carrier preparation technology," achieving a leading position domestically and advanced level internationally[69]. - The company has accumulated a database of over tens of thousands of experimental data points, enhancing R&D efficiency and product development speed[89]. - The company has commercialized the production of silicon carbide DPFs, aligning its manufacturing methods with international standards[86]. Market Position and Strategy - The company holds a leading position in the domestic market for honeycomb ceramic carriers, with a comprehensive range of products suitable for the National VI emission standards[39]. - The implementation of National VI emission standards has created new market opportunities for the company, as domestic manufacturers begin to replace imported products[47]. - The company has successfully entered the supply chains of major domestic and international manufacturers, including China National Heavy Duty Truck Group and Weichai Power[40]. - The company is positioned in the "advanced environmental technology equipment" sector, benefiting from the increasing domestic demand for pollution control technologies[46]. - The company is focusing on expanding its market presence and enhancing its product offerings to meet stringent international emission standards[69]. - The company plans to enhance its product variety and expand its business scale to improve profitability and market competitiveness[145]. - The company aims to strengthen its brand, technology research and development, talent cultivation, and quality control to become an internationally influential environmental protection leader within 5 to 10 years[142]. - The company is considering strategic acquisitions to bolster its market position, with a budget of 10 million allocated for potential deals[159]. Corporate Governance - The company has no special arrangements for corporate governance[8]. - The board of directors has fully attended the board meeting, ensuring the integrity of the report[5]. - The company has not violated decision-making procedures for providing guarantees[8]. - The company has established a clear process for determining the remuneration of its directors and senior management, ensuring alignment with performance[165]. - The company’s independent directors include professionals from various sectors, enhancing governance and oversight[164]. - The company held a total of 8 board meetings during the year, with 5 conducted in a hybrid format and 3 via communication methods[171]. - The audit committee convened 4 meetings, reviewing the 2020 annual report and the 2021 first quarter report among other key documents[174]. - The company’s strategic committee held 5 meetings, discussing the 2021 financial budget and project investment agreements with local authorities[178]. Environmental Responsibility - The company emphasizes environmental protection and has implemented waste gas treatment measures to ensure compliance with emission standards[191]. - The company has established a comprehensive environmental management system, ensuring compliance with environmental laws and regulations[194]. - The company focuses on the research and application of honeycomb ceramic technology for air pollution control, particularly in diesel vehicle exhaust treatment[197]. - The National VI standard for heavy-duty diesel vehicles, effective from July 1, 2021, reduces NOX and PM limits by 77% and 67% respectively compared to the National V standard[199]. - The company has improved kiln construction processes to reduce energy consumption and carbon emissions[195]. - The company has no reported administrative penalties related to environmental issues during the reporting period[191]. Employee and Compensation - The total number of employees in the parent company and major subsidiaries is 934, with 553 in the parent company and 381 in subsidiaries[180]. - The employee composition includes 691 production personnel, 10 sales personnel, 140 technical personnel, 20 financial personnel, and 73 administrative personnel[180]. - Total compensation for all directors, supervisors, and senior management reached RMB 588.12 million by the end of the reporting period[166]. - Total compensation for core technical personnel amounted to RMB 272.58 million at the end of the reporting period[166]. - The company has established a training plan focusing on various areas, including new employee onboarding, vocational skills, and quality management systems[183].

证券代码：688021 证券简称：奥福环保 公告编号：2021-043 山东奥福环保科技股份有限公司 关于参加山东辖区上市公司 2021 年度投资者网上集体接待 日活动的公告 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、准确性和完整性依法承担法律责任。 为进一步加强与投资者的互动交流，山东奥福环保科技股份有限公司（以 下简称"公司"）将参加由中国证券监督管理委员会山东证监局、山东上市公 司协会联合举办的"山东辖区上市公司 2021 年度投资者网上集体接待日"活 动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互 联网平台举行，投资者可以登录"全景·路演天下"网站（http://rs.p5w.net）参 与本次网上投资者接待日活动。本次活动时间为 2021 年 11 月 16 日（星期二） 下午 14:00—16:00。 届时公司董事会秘书潘洁羽女士和证券事务代表张凤珍女士将通过网络在 线交流形式与投资者进行沟通交流，欢迎广大的投资者积极参与。 特此公告。 山东奥福环保科技股份有限公司 董事会 2021 年 11 ...