本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 安徽大地熊新材料股份有限公司（以下简称"公司"）于 2023 年 8 月 15 日 召开第七届董事会第九次会议、第七届监事会第八次会议，审议通过了《关于使 用暂时闲置募集资金进行现金管理的议案》，同意公司在保证不影响募集资金投 资项目实施、确保募集资金安全的前提下，使用最高不超过 4,500 万元的暂时闲 置募集资金进行现金管理，用于购买安全性高、流动性好、有保本约定的投资产 品，自董事会、监事会审议通过之日起 12 个月内有效。在前述额度及期限范围 内，公司可以循环滚动使用。 安徽大地熊新材料股份有限公司 关于使用暂时闲置募集资金进行现金管理的公告 证券代码：688077 证券简称：大地熊 公告编号：2023-036 公司董事会授权公司管理层及工作人员根据实际情况办理相关事宜并签署 相关文件，具体事项由公司财务部负责组织实施。 一、募集资金基本情况 公司按照相关规定对募集资金进行了专户存储管理，并与保荐机构、募集资 金专户监管银行签署了《募集资金专户存储三方监管协议》。 二、募 ...

证券代码：688077 证券简称：大地熊 公告编号：2023-037 安徽大地熊新材料股份有限公司 关于开展外汇套期保值业务的公告 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法律责任。 重要内容提示： 安徽大地熊新材料股份公司（以下简称"公司"）预计进行外汇套期保值 业务资金额度不超过 6,000 万美元，额度有效期为自公司董事会审议通过之日起 12 个月。 公司外汇套期保值业务以正常生产经营为基础，以规避和防范汇率风险 为目的，不进行单纯以盈利为目的的投机和套利交易。 本次外汇套期保值业务经公司董事会审议通过后，无需提交公司股东大 会审议。 2023 年 8 月 15 日，公司召开第七届董事会第九次会议、第七届监事会第八 次会议，审议通过了《关于开展外汇套期保值业务的议案》，为有效规避外汇市 场的风险、防范汇率波动，同意公司（含子公司，下同）根据实际情况需要，与 银行等金融机构开展外汇套期保值业务。现将有关事项公告如下： 一、开展外汇套期保值业务的目的 公司存在境外销售和境外采购业务，结算币种主要采用美元、欧元等外币， 因此当汇率 ...

一、监事会会议召开情况 安徽大地熊新材料股份有限公司（以下简称"公司"）第七届监事会第八次 会议于 2023 年 8 月 5 日以书面方式发出通知，于 2023 年 8 月 15 日在公司会议 室以现场表决方式召开。本次会议由监事会主席刘友好先生主持，会议应参加表 决监事 3 名，实际参加表决监事 3 名。本次会议的召集、召开及表决流程符合《中 华人民共和国公司法》等法律法规和《公司章程》的有关规定。 二、监事会会议审议情况 经与会监事审议，一致通过如下决议： 证券代码：688077 证券简称：大地熊 公告编号：2023-040 安徽大地熊新材料股份有限公司 第七届监事会第八次会议决议公告 本公司监事会及全体监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。 具体内容详见公司同日披露在上海证券交易所网站（www.sse.com.cn）的 《安徽大地熊新材料股份有限公司 2023 年半年度报告》及《安徽大地熊新材料 股份有限公司 2023 年半年度报告摘要》。 表决结果：3 票同意、0 票反对、0 票弃权、0 票回避。 （二）审议通过《关于 20 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥350,773,511.45, a decrease of 25.99% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥41,603,606.55, representing a decline of 179.53% year-over-year[5] - Basic earnings per share for the period was -¥0.52, down 180.00% from the previous year[6] - Net profit for Q1 2023 was a loss of ¥44,767,580.53, compared to a profit of ¥54,405,359.54 in Q1 2022[20] - Operating profit for Q1 2023 was a loss of ¥45,115,706.13, compared to a profit of ¥59,396,719.08 in Q1 2022[19] - Total comprehensive income for Q1 2023 was a loss of ¥44,718,567.26, compared to a profit of ¥54,257,870.15 in Q1 2022[20] - The company's net profit for Q1 2023 was CNY -20,172,043.77, compared to a profit of CNY 36,182,046.86 in Q1 2022[26] - The net profit for Q1 2023 was -19,403,839.30 CNY, compared to a net profit of 32,547,022.44 CNY in Q1 2022, indicating a significant decline[27] - The total comprehensive income for Q1 2023 was -19,403,839.30 CNY, reflecting the same loss as the net profit[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,624,469,911.27, a decrease of 7.13% from the end of the previous year[6] - As of March 31, 2023, total assets amounted to RMB 2,624,469,911.27, a decrease from RMB 2,826,071,241.65 as of December 31, 2022, reflecting a decline of approximately 7.1%[15] - Current assets totaled RMB 1,597,637,437.89, down from RMB 1,827,649,487.52, indicating a decrease of about 12.6%[15] - Total liabilities were RMB 1,449,362,996.65, down from RMB 1,608,969,462.14, indicating a decrease of about 9.9%[17] - The company's equity attributable to shareholders was RMB 1,140,136,894.88, down from RMB 1,178,967,785.79, reflecting a decrease of about 3.3%[17] - The company's total liabilities decreased to CNY 1,031,828,621.28 from CNY 1,106,294,306.17 year-over-year[25] Cash Flow - Cash flow from operating activities for Q1 2023 was a net outflow of ¥18,423,226.16, an improvement from a net outflow of ¥231,373,200.17 in Q1 2022[22] - Operating cash flow for Q1 2023 was 21,159,403.46 CNY, a turnaround from a negative cash flow of -279,215,966.07 CNY in Q1 2022[29] - Total cash inflow from operating activities decreased to 315,019,229.63 CNY in Q1 2023, down from 440,734,833.35 CNY in Q1 2022, reflecting a decline of approximately 28.5%[29] - Cash outflow for purchasing goods and services was 252,164,911.72 CNY in Q1 2023, significantly lower than 656,864,927.08 CNY in Q1 2022, a reduction of about 61.6%[29] - The net cash flow from investment activities was CNY -58,075,506.16, contrasting with a positive cash flow of CNY 48,139,604.22 in the previous year[23] - Investment activities resulted in a net cash outflow of -34,132,789.10 CNY in Q1 2023, compared to a net inflow of 80,220,154.42 CNY in Q1 2022[29] Research and Development - Research and development expenses totaled ¥21,118,550.56, down 28.30% year-over-year, accounting for 6.02% of operating revenue[6] - Research and development expenses for Q1 2023 were ¥21,118,550.56, a decrease of 28.3% from ¥29,455,300.26 in Q1 2022[19] - Research and development expenses for Q1 2023 were CNY 11,545,016.50, down from CNY 14,499,272.96 in the same period last year[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,918[12] - The company's total equity as of March 31, 2023, was CNY 1,064,975,287.93, down from CNY 1,081,837,113.50 at the end of 2022[26] Other Income and Expenses - Other income increased by 140.65%, mainly due to government subsidies received and amortized during the period[10] - The company experienced a 419.17% decrease in investment income, attributed to losses from joint venture investments[10] - The company's cash and cash equivalents at the end of Q1 2023 were CNY 304,838,045.17, a decrease from CNY 359,458,926.85 at the beginning of the quarter[23] - Cash and cash equivalents were RMB 349,788,045.17, compared to RMB 413,822,476.19, representing a decline of approximately 15.5%[15] - The company's non-current assets totaled RMB 1,026,832,473.38, an increase from RMB 998,421,754.13, indicating a growth of approximately 2.9%[16] - The company's total liabilities to equity ratio improved to approximately 1.27 from 1.32, indicating a slight strengthening of the capital structure[17] Accounting Standards - The company has not adopted new accounting standards for the first quarter of 2023[30]

证券代码：688077 证券简称：大地熊 公告编号：2023-018 安徽大地熊新材料股份有限公司 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法律责任。 重要内容提示： （网址：http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2023 年 4 月 11 日（星期二）至 4 月 17 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 dong@earth-panda.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。 会议召开时间：2023 年 4 月 18 日（星期二） 下午 15:00-16:30 会议召开地点：上海证券交易所上证路演中心 安徽大地熊新材料股份有限公司（以下简称"公司"）已于 2023 年 3 月 31 日发布公司 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 经营成果、财务状况，公司计划于 2023 年 4 月 18 日 ...

Financial Performance - The company's total revenue for 2022 reached ¥2,119,480,599.60, representing a year-on-year increase of 28.10% due to rising product prices and sales volume[23]. - The net profit attributable to shareholders was ¥149,827,839.18, a slight decrease of 1.39% compared to the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥123,965,429.49, down 3.59% from 2021[23]. - Basic earnings per share for 2022 were ¥1.86, a decrease of 2.11% from the previous year[24]. - The company reported a net cash flow from operating activities of -¥129,812,312.87, indicating a continued cash outflow[23]. - The company achieved a total revenue of 32,013.24 million RMB, with a net profit of 10,532.92 million RMB, reflecting a significant growth compared to the previous year[63]. - The company reported a revenue of 1.5 billion CNY for the fiscal year 2022, representing a 20% increase compared to the previous year[137]. - The company provided a revenue guidance of 1.8 billion CNY for the next fiscal year, indicating an expected growth of 20%[137]. Dividend and Share Capital - The company plans to distribute a cash dividend of 6.00 RMB per 10 shares, totaling 48,466,800.00 RMB, which represents 32.35% of the net profit attributable to shareholders for 2022[6]. - The total share capital will increase from 80,778,000 shares to 113,089,200 shares after a capital reserve transfer of 4 shares for every 10 shares held, resulting in an additional 32,311,200 shares being distributed[6]. - The company has a cash dividend policy that ensures at least 20% of distributable profits are paid out as dividends when conditions are met[161]. Research and Development - The research and development expenditure accounted for 4.97% of total revenue, down 0.86 percentage points from 2021[24]. - The company invested a total of ¥105,329,246.26 in R&D during the reporting period, representing a 9.19% increase compared to ¥96,467,872.27 in the previous year[55]. - The company applied for 28 patents during the reporting period, including 11 invention patents, and received 42 patent authorizations, with 9 being invention patents[54]. - The company is developing a high-performance 48SH product with low rare earth content, aiming to reduce production costs and enhance market competitiveness[62]. - The company is investing heavily in R&D, with a budget increase of 25% to 150 million RMB for new technologies[139]. Operational Efficiency and Management - The company has established a performance management system that is results-oriented and incentivizes employees, with year-end bonuses based on individual and company performance[158]. - The company has implemented new strategies to optimize operational efficiency and reduce costs, contributing to improved profit margins[134]. - The company plans to enhance its management capabilities to address risks associated with its expanding scale and operations[73]. - The company aims to mitigate risks from fluctuations in rare earth material prices by improving inventory management and deepening strategic cooperation with suppliers[74]. Market and Sales Strategy - The sales strategy includes direct sales to end customers and a distribution model for expanding overseas markets, with a focus on automotive and industrial sectors[44]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2025[137]. - The company signed a major sales contract worth approximately ¥1.25 billion, which has been fully performed[87]. Environmental and Social Responsibility - The company has obtained ISO14001 and ISO50001 certifications, and was recognized as a green factory in Anhui Province in 2022[184]. - The company invested CNY 6.7881 million in environmental protection during the reporting period[187]. - The company actively promotes energy-saving and consumption-reduction measures, including the use of energy-efficient equipment and the elimination of high-energy-consuming motors[200]. Corporate Governance - The company strictly adhered to corporate governance regulations and improved its internal control system during the reporting period[128]. - The board of directors and supervisory board operated in compliance with legal requirements, ensuring the rights of all shareholders, especially minority shareholders[128]. - The company has implemented a stock incentive plan, resulting in share increases for several key personnel during the reporting period[133]. Future Outlook - The company plans to enhance core competitiveness and optimize governance capabilities to become a leading manufacturer of high-performance rare earth permanent magnet materials[124]. - The financial guidance for the upcoming year suggests a cautious but optimistic growth trajectory, with expected revenue growth in the range of 5-10%[134]. - The company plans to invest 100 million CNY in sustainable technologies over the next three years[137].

Financial Performance - The company's operating revenue for Q3 2022 was ¥485,771,067.79, representing a year-on-year increase of 14.71%[5] - The net profit attributable to shareholders for Q3 2022 was ¥27,878,384.18, a decrease of 27.53% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥25,099,681.18, down 26.35% year-on-year[5] - The company reported a year-to-date revenue increase of 35.62%, attributed to higher product prices and sales volume compared to the previous year[10] - Total operating revenue for the first three quarters of 2022 reached ¥1,555,350,638.68, a significant increase of 36% compared to ¥1,146,834,401.96 in the same period of 2021[19] - Net profit for the first three quarters of 2022 was ¥142,780,606.28, compared to ¥105,154,691.49 in 2021, representing a growth of about 36%[21] - The total comprehensive income for the third quarter of 2022 was approximately CNY 142.52 million, compared to CNY 105.03 million in the same period of 2021, representing an increase of about 35.7%[22] - Basic and diluted earnings per share for the third quarter of 2022 were CNY 1.76, up from CNY 1.31 in the same quarter of 2021, reflecting a growth of approximately 34.4%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,784,434,167.04, an increase of 25.51% compared to the end of the previous year[6] - The company's total assets increased to ¥2,784,434,167.04 in Q3 2022, up from ¥2,218,440,841.37 in Q3 2021, marking a growth of approximately 25.5%[17] - Non-current liabilities totaled ¥186,577,685.71 in Q3 2022, compared to ¥125,630,340.45 in Q3 2021, indicating an increase of about 48.5%[17] - The company's total liabilities rose to ¥1,171,875,087.75, an increase of 30% from ¥900,651,140.71 in the previous year[28] Cash Flow - The net cash flow from operating activities was negative at -¥265,350,359.61, primarily due to increased cash payments for goods and services[6] - Cash inflows from operating activities for the first three quarters of 2022 totaled CNY 1.57 billion, a significant increase from CNY 924.98 million in the same period of 2021, marking an increase of about 70%[24] - The net cash flow from operating activities for the first three quarters of 2022 was negative CNY 265.35 million, worsening from negative CNY 145.65 million in the same period of 2021[25] - The cash outflow for purchasing goods and services in the first three quarters of 2022 was approximately ¥1.24 billion, up from ¥866.93 million in 2021, representing a rise of about 42%[31] - The company reported a cash inflow from sales of goods and services of approximately ¥1.11 billion in the first three quarters of 2022, compared to ¥795.21 million in the same period of 2021, indicating a growth of around 39%[31] Research and Development - The company's R&D investment totaled ¥22,447,880.72 for Q3 2022, a decrease of 20.58% year-on-year[6] - Research and development expenses for the first three quarters of 2022 amounted to ¥84,301,331.52, up from ¥63,701,479.20 in 2021, indicating a year-on-year increase of about 32%[20] - Research and development expenses for the first three quarters of 2022 were ¥44,839,419.35, slightly down from ¥48,508,530.91 in the same period of 2021[28] Shareholder Information - The total number of ordinary shares outstanding at the end of the reporting period was 87.09 million, with a total share capital increase to ¥80.68 million following the stock incentive plan[14] - The number of shares held by the largest shareholder, Xiong Yongfei, is 30,407,000, representing 37.69% of the total shares, with 200,000 shares frozen[13] - The total number of shares held by the top ten unrestricted shareholders is 12,000,000, accounting for approximately 14.87% of the total shares[13] - The company completed the first vesting period of its 2021 restricted stock incentive plan, resulting in the registration and listing of 678,000 shares[14] Cash and Cash Equivalents - The company's cash and cash equivalents reached ¥437.69 million, up from ¥293.22 million in the previous year, indicating a year-over-year increase of approximately 49%[15] - Cash and cash equivalents at the end of September 2022 amounted to CNY 299.64 million, compared to CNY 114.77 million at the end of 2021, indicating a growth of approximately 161.5%[26] - The total cash and cash equivalents at the end of Q3 2022 reached ¥244.29 million, a substantial increase from ¥86.69 million at the end of Q3 2021[32] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[18]

1 证券代码：688077 证券简称：大地熊 公告编号：2022-047 安徽大地熊新材料股份有限公司 关于参加安徽辖区上市公司 2022 年投资者 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，安徽大地熊新材料股份有限公司（以下简 称"公司"）将参加由安徽证监局指导、安徽上市公司协会与深圳市全景网络有限 公司联合举办的"2022 年安徽辖区上市公司投资者集体接待日活动"，现将相关事 项公告如下： 本次活动将采用网络远程的方式进行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2022 年 9 月 7 日（周三）16:00-17:30。届时公司高 管将在线就公司 2022 年半年度报告中的公司业绩、公司治理、发展战略、经营状 况、融资计划、股权激励和可持续发展等投资者关心的问题，与投资者进行沟通交 流，欢迎广大投资者踊跃参与！ 特此公告。 安徽大地熊新材料股 ...

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 20%[14]. - The company achieved operating revenue of CNY 1,069,579,570.89, representing a year-on-year increase of 47.86%[20]. - The net profit attributable to shareholders reached CNY 113,170,844.49, up 69.87% compared to the same period last year[22]. - The net profit after deducting non-recurring gains and losses was CNY 108,147,117.94, reflecting an 86.85% increase year-on-year[20]. - Basic earnings per share increased to CNY 1.41, a growth of 69.88% from the previous year[21]. - The company reported a total revenue of 1,529,896,000 RMB for the first half of 2022, representing a growth of 1.91% compared to the previous period[162]. - The net profit for the first half of 2022 reached CNY 87,038,119.45, up 62.0% from CNY 53,763,114.08 in the first half of 2021[189]. Research and Development - Research and development expenses increased by 30% to RMB 50 million, focusing on advanced magnetic materials technology[14]. - Total R&D expenditure reached ¥61,853,450.80, a significant increase of 74.55% compared to ¥35,435,827.34 in the same period last year[49]. - R&D expenditure accounted for 5.78% of total revenue, up from 4.90% year-on-year, reflecting a 17.96% increase[49]. - The company applied for 20 new patents during the reporting period, including 8 invention patents, and received 16 patent authorizations, with 4 being invention patents[47]. - The company is developing high-performance sintered NdFeB materials, with several new products in the technical development stage, including 48H and 42SH magnetic steels[56]. Market Expansion and Strategy - The company plans to launch two new product lines in Q3 2022, aiming to capture an additional 10% market share in the high-performance magnet segment[14]. - The company is expanding its market presence in Europe, with plans to establish a new distribution center in Germany by the end of 2022[14]. - The company is actively responding to the national "dual carbon" policy, which is driving demand in downstream applications such as industrial energy-saving motors and new energy vehicles[30]. - The company has established a joint venture with Northern Rare Earth to ensure stable supply of rare earth materials, with an annual production capacity of 8,000 tons of high-performance alloy sheets[62]. - The company is focusing on expanding its market presence and developing new technologies to enhance its competitive edge[168]. Sustainability and Environmental Commitment - The management emphasized a commitment to sustainability and reducing carbon footprint in production processes[14]. - The company is committed to green development and has applied for recognition as a "Green Factory" in Anhui Province for 2022[63]. - The company emphasizes ecological protection and pollution prevention in its production processes, aligning with national goals for carbon peak by 2030 and carbon neutrality by 2060[97]. - The company has developed green protection technology for sintered NdFeB permanent magnet materials and recycling technology for used rare earth permanent magnets[97]. Financial Position and Assets - The company's total assets grew by 21.12% to CNY 2,687,059,232.43 compared to the end of the previous year[20]. - The company's total liabilities reached CNY 1,528,148,300.33, compared to CNY 1,131,544,712.53 at the beginning of the period, marking an increase of 35%[178]. - The company's equity attributable to shareholders rose to CNY 1,119,519,518.23, up from CNY 1,049,037,626.87, indicating a growth of 6.7%[178]. - The company reported a significant increase in cash and cash equivalents, with monetary funds reaching CNY 1,489,350,266.30, compared to CNY 293,219,532.74 at the beginning of the period[175]. Risks and Challenges - No significant risks were identified that could materially impact the company's operations during the reporting period[5]. - The company is facing intensified competition in the high-performance sintered NdFeB permanent magnet materials sector, which may impact profit margins and customer retention[68]. - The company plans to enhance its management capabilities and internal control systems to mitigate risks associated with its expanding scale of operations[67]. Shareholder and Governance Matters - The company has no plans for share buybacks or dividend distributions in the near term, prioritizing reinvestment into growth initiatives[7]. - The company committed to sharing retained profits with new and old shareholders according to their shareholding ratio upon successful registration of its public offering of A-shares on the Sci-Tech Innovation Board[105]. - The company will avoid and reduce related party transactions to protect the interests of all shareholders[103]. - The company guarantees that there are no fraudulent activities in the public offering and listing process, and if it fails to meet the listing conditions due to deception, it will initiate a share buyback within 5 working days after confirmation by the regulatory authorities[123].

Financial Performance - The company's operating revenue for Q1 2022 was ¥473,936,964.27, representing a year-on-year increase of 60.81%[4] - The net profit attributable to shareholders for the same period was ¥52,314,256.99, reflecting a growth of 73.57% compared to the previous year[4] - The basic and diluted earnings per share were both ¥0.65, marking a 71.05% increase[4] - Total operating revenue for Q1 2022 reached ¥473,936,964.27, a significant increase of 60.9% compared to ¥294,715,538.66 in Q1 2021[18] - Net profit for Q1 2022 was ¥54,405,359.54, representing a 80.5% increase from ¥30,140,219.57 in Q1 2021[20] - Earnings per share for Q1 2022 were ¥0.65, compared to ¥0.38 in Q1 2021, reflecting a growth of 71.1%[20] - The company reported a total comprehensive income of ¥54,257,870.15 for Q1 2022, compared to ¥30,027,308.37 in Q1 2021[20] - The company reported a total profit of ¥35,875,070.37, up from ¥26,046,513.06, which is an increase of approximately 37.5% year-over-year[29] Research and Development - Research and development expenses totaled ¥29,455,300.26, which is an increase of 171.97% year-on-year, accounting for 6.22% of operating revenue[5] - Research and development expenses in Q1 2022 amounted to ¥29,455,300.26, which is a 172.4% increase from ¥10,830,391.90 in Q1 2021[19] - R&D expenses increased to ¥14,499,272.96 from ¥10,194,021.93, representing a growth of approximately 42.5% year-over-year[29] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,292,697,080.49, up 3.35% from the end of the previous year[5] - The company's total assets as of March 31, 2022, amounted to ¥2,292,697,080.49, an increase from ¥2,218,440,841.37 at the end of 2021[15] - The company's current assets totaled ¥1,554,704,313.06, slightly down from ¥1,560,845,887.78 at the end of 2021[14] - Total liabilities as of March 31, 2022, were ¥1,008,483,829.11, showing a slight increase from ¥1,005,914,372.08[15] - Total liabilities as of Q1 2022 were ¥1,145,055,436.26, slightly up from ¥1,131,544,712.53 in Q1 2021[19] - Total assets as of March 31, 2022, were CNY 1,952,625,915.13, an increase from CNY 1,902,720,436.44 at the end of 2021[27] - Total liabilities amounted to CNY 911,788,284.46, compared to CNY 900,651,140.71 at the end of 2021[27] Cash Flow - The company reported a net cash flow from operating activities of -¥231,373,200.17, which is not applicable for year-on-year comparison[4] - Net cash flow from operating activities was -CNY 231,373,200.17, compared to -CNY 5,801,590.64 in the same period last year[24] - Cash flow from operating activities showed a net outflow of ¥279,215,966.07, a significant decline from a net inflow of ¥1,684,157.60 in the same period last year[31] - Cash flow from investing activities generated a net inflow of ¥80,220,154.42, compared to a net outflow of ¥38,743,011.50 in the previous year[31] - Cash flow from financing activities resulted in a net inflow of ¥193,251,439.95, a substantial increase from ¥21,987,319.44 year-over-year[32] Shareholder Information - As of March 31, 2022, the total number of common shareholders was 5,739[11] - The largest shareholder, Xiong Yongfei, holds 30,327,000 shares, representing 37.91% of total shares, with 200,000 shares frozen[11] Inventory and Borrowings - Inventory increased significantly to ¥679,217,747.38 from ¥484,254,937.04, indicating a growth of approximately 40.4%[14] - The company’s short-term borrowings increased by 57.82%, primarily due to an increase in bank loans[7] - The company's short-term borrowings rose to ¥438,411,074.85 from ¥277,793,882.18, reflecting a 58% increase[15]