证券代码：688090 证券简称：瑞松科技 公告编号：2023-058 广州瑞松智能科技股份有限公司 2023年半年度募集资金存放与使用情况的专项报告 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。 根据中国证券监督管理委员会（以下简称"证监会"）发布的《上市公司 监管指引第 2 号——上市公司募集资金管理和使用的监管要求》、《上海证券交 易所科创板上市公司自律监管适用指引第 1 号——规范运作》以及《上海证券交 易所上市公司自律监管指南第 1 号——公告格式》的相关规定，本公司就 2023 年半年度募集资金存放与使用情况作如下专项报告： 一、募集资金基本情况 （一） 实际募集资金金额、资金到账情况 经中国证券监督管理委员会《关于同意广州瑞松智能科技股份有限公司首 次公开发行股票注册的批复》（证监许可[2020]52 号）核准，公司首次向社会 公开发行人民币普通股股票 16,840,147 股。本公司由主承销商广发证券股份有 限公司采用向战略投资者定向配售、网下向符合条件的网下投资者询价配售和 网上向持有上海市场非限售 A ...

证券代码：688090 证券简称：瑞松科技 公告编号：2023-041 重要内容提示： 投资者可于 2023 年 05 月 30 日(星期二)16:00 前通过邮件、电话、传真等 形式将需要了解和关注的问题提前提供给公司。公司将在文字互动环节对投资 者普遍关注的问题进行回答。 广州瑞松智能科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 26 日发布公司 2022 年度报告及 2023 年第一季度报告，为便于广大投资者更全面深 入地了解公司 2022 年度及 2023 年第一季度经营成果、财务状况、发展理念，公 司参与了由上海证券交易所主办的 2022 年度工业机器人专场集体业绩说明会， 此次活动将采用视频和网络文字互动的方式举行，投资者可登录上海证券交易所 上证路演中心（http://roadshow.sseinfo.com/）参与线上互动交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度及 2023 年 第一季度的经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在 信息披露允许的范围内就投资者普遍关注的问题进行回答。 会议召开时间：2023 年 ...

证券代码：688090 证券简称：瑞松科技 广州瑞松智能科技股份有限公司 2021 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 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 2021 年第三季度报告 □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 | 233,915,650.30 | 4.09 | 694,966,464.10 | 7.27 ...

Financial Performance - The company's operating revenue for 2021 was CNY 931,125,068.60, representing a year-on-year increase of 16.55% compared to CNY 798,906,310.35 in 2020[18]. - The net profit attributable to shareholders decreased by 48.78% to CNY 25,579,662.60 from CNY 49,939,878.10 in the previous year[18]. - Basic earnings per share fell by 50.65% to CNY 0.38, down from CNY 0.77 in 2020[19]. - The net cash flow from operating activities dropped significantly by 599.19%, resulting in a net outflow of CNY 60,605,871.10[18]. - The company's gross profit margin decreased from 22.19% in 2019 to 15.85% in 2021, indicating a declining trend over three years[117]. - Operating costs rose to CNY 783.50 million, reflecting a 17.13% increase compared to the previous year[121]. - The net profit attributable to the parent company was 25.58 million yuan, a year-on-year decrease of 48.78%[32]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 16.67 million yuan, a year-on-year decrease of 35.86%[32]. Dividend and Share Capital - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares, totaling approximately 10.10 million RMB, which represents 39.50% of the net profit attributable to shareholders for the year 2021[4]. - As of December 31, 2021, the total share capital of the company was 67,360,588 shares[4]. - The company does not plan to increase capital reserves or issue bonus shares for the 2021 profit distribution[4]. Audit and Compliance - The company has received a standard unqualified audit report from the accounting firm[4]. - There are no non-operating fund occupations by controlling shareholders or related parties[6]. - The company has not violated decision-making procedures for providing guarantees[7]. - The company's board of directors and supervisory board members have confirmed the authenticity and completeness of the annual report[3]. Research and Development - Research and development expenses accounted for 4.77% of operating revenue, slightly down from 4.84% in the previous year[21]. - The company invested a total of 44.42 million yuan in R&D expenses in 2021[34]. - The company applied for 25 domestic invention patents and received approval for 5 in 2021[34]. - The company has 160 R&D personnel, accounting for 27.26% of the total workforce[34]. - The company is focusing on developing core technologies in robotics and intelligent manufacturing, enhancing competitiveness[33]. Market Expansion and Client Base - The company expanded its industrial market, achieving approximately 972.50% growth in the engineering machinery sector, and added 3 new clients in the new energy vehicle automation business[21]. - The automation business for new energy vehicles has grown rapidly, accounting for about 30% of the company's automotive business, with three new clients added during the reporting period[41]. - The company has achieved a significant market share in the domestic industrial robot system integration market, continuously improving its competitive position against international peers[75]. Technology and Innovation - The company has developed proprietary technologies in automation system integration, robot simulation, and online visual guidance, enhancing manufacturing efficiency across various industries[42]. - The company has developed a high-precision flexible assembly production line for the automotive and 3C industries, incorporating advanced visual sensor technology and modular flexibility, enhancing automation levels[88]. - The company has developed friction stir welding equipment, which is an environmentally friendly technology applicable in various industries including new energy vehicles and aerospace[58]. - The company has developed automated production lines for the construction machinery industry, enhancing production efficiency and product quality through automation of key components[48]. Risks and Challenges - The company faces risks related to the concentration of major clients, with the top five clients contributing significantly to revenue stability[115]. - The company is exposed to risks from intensified competition in the automotive and robotics sectors, which may impact profitability[115]. - The company is positioned in the system integration segment of the robotics industry, which is characterized by low market concentration and potential challenges in enhancing its bargaining power[118]. Governance and Management - The company strictly adheres to legal regulations and guidelines to ensure effective governance and independent operation, with no adverse impacts from controlling shareholders[181]. - The company has maintained a transparent information disclosure process, ensuring all shareholders have equal access to information[183]. - The total pre-tax compensation for the directors and senior management during the reporting period amounted to 480.59 million yuan[190]. - The company has established a performance evaluation and incentive system that links the compensation of senior management to the company's operational performance[182].

Financial Performance - The company's operating revenue for Q3 2022 was ¥242,586,049.66, representing a year-on-year increase of 3.71%[5] - The net profit attributable to shareholders for Q3 2022 was -¥1,971,314.72, a decrease of 120.59% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was ¥8,486,626.17, down 43.48% year-on-year[6] - The net profit attributable to shareholders for the year-to-date was ¥15,988,890.38, down 21.04% compared to the same period last year[10] - The basic earnings per share for Q3 2022 were -¥0.03, a decline of 121.43% year-on-year[6] - Net profit for the first three quarters of 2022 was ¥14,959,448.89, a decrease of 28.5% compared to ¥20,797,273.44 in the same period of 2021[22] Research and Development - Research and development expenses for Q3 2022 totaled ¥17,855,682.90, an increase of 65.06% compared to the same period last year[6] - The ratio of R&D expenses to operating revenue for Q3 2022 was 7.36%, up 2.74 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2022 amounted to ¥46,905,420.47, an increase of 46.6% from ¥31,994,808.88 in 2021[21] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥1,856,100,096.46, reflecting a year-on-year increase of 10.79%[6] - The company's total assets as of September 30, 2022, amounted to 1,856.10 million RMB, an increase from 1,675.38 million RMB at the end of 2021[19] - The company's total liabilities as of the end of the third quarter of 2022 were ¥860,800,134.69, compared to ¥691,662,851.71 at the end of the same period in 2021, reflecting a 24.5% increase[20] - The total equity attributable to shareholders of the parent company was ¥953,847,276.19, up from ¥944,063,107.47 in the previous year[20] Cash Flow - The company reported a cash flow from operating activities of ¥17,117,095.69 for Q3 2022, compared to -¥41,302,015.46 for the year-to-date[6] - Cash flow from operating activities for the first three quarters of 2022 was ¥700,330,023.81, compared to ¥605,721,293.08 in the same period of 2021[24] - The net cash flow from operating activities was -41,302,015.46, compared to -126,050,680.49 in the previous year, indicating an improvement[25] - The total cash inflow from financing activities was 112,311,160.85, up from 93,100,000.00 in the previous year[26] - The net cash flow from financing activities was 1,481,852.06, a significant recovery from -11,688,153.55 in the previous year[26] - The total cash outflow from operating activities was 779,945,900.70, slightly higher than 776,532,914.28 in the previous year[25] - The cash inflow from investment activities was 101,695.00, compared to 30,146,742.58 in the previous year, showing a decrease[25] - The net cash flow from investment activities was -45,918,138.43, worsening from -8,685,777.34 in the previous year[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 5,944[13] - The largest shareholder, Sun Zhiqiang, holds 20,125,435 shares, accounting for 29.88% of total shares[13] - The company has no significant changes in the status of major shareholders or their shareholding structure[14] Operational Challenges - The company faced delays in project implementation due to domestic pandemic impacts, affecting revenue recognition in Q3[15] - New orders received increased by approximately 90% compared to the same period last year, indicating strong demand in the new energy vehicle supply chain[15]

Financial Performance - The company's operating revenue for 2022 was CNY 1,005,934,510.46, representing an increase of 8.03% compared to CNY 931,125,068.60 in 2021[22]. - The net profit attributable to shareholders for 2022 was a loss of CNY 62,731,772.26, a decrease of 345.24% from a profit of CNY 25,579,662.60 in 2021[22]. - The net cash flow from operating activities for 2022 was a negative CNY 49,662,918.81, compared to a negative CNY 60,605,871.10 in 2021[22]. - The total assets at the end of 2022 were CNY 1,775,976,599.81, an increase of 6.00% from CNY 1,675,379,091.94 at the end of 2021[22]. - The basic earnings per share for 2022 was -CNY 0.93, a decrease of 344.74% from CNY 0.38 in 2021[23]. - The company's net assets attributable to shareholders decreased by 7.89% to CNY 869,562,415.28 at the end of 2022 from CNY 944,063,107.47 at the end of 2021[22]. - The weighted average return on net assets for 2022 was -6.92%, a decrease of 9.64 percentage points from 2.72% in 2021[23]. - The company achieved total revenue of 1,005,934,510.46 CNY in 2022, representing an 8.03% increase year-over-year[124]. - The net profit attributable to the parent company was -62,731,800 CNY, a decline of 345.24% compared to the previous year[124]. Shareholder Returns - The company plans to distribute a cash dividend of 1.30 RMB per 10 shares, totaling approximately 8,724,758.90 RMB based on 67,113,530 shares after accounting for repurchased shares[5]. - The total amount spent on share repurchases in 2022 was 3,979,413.02 RMB, which is considered as cash dividends under relevant regulations[6]. - The total share capital as of March 31, 2023, was 67,360,588 shares, with 247,058 shares in the repurchase account excluded from dividend distribution calculations[5]. Operational Risks and Governance - The company has outlined various operational risks and corresponding mitigation strategies in the report[3]. - The board of directors has confirmed the authenticity and completeness of the annual report, ensuring no significant omissions or misleading statements[3]. - The company has not reported any non-operational fund occupation by controlling shareholders or related parties[8]. - There are no violations of decision-making procedures regarding external guarantees reported[8]. - The company has not disclosed any special arrangements for corporate governance[8]. - The report includes a forward-looking statement risk declaration, cautioning investors about potential risks associated with future plans[7]. Research and Development - Research and development expenses accounted for 6.70% of operating revenue in 2022, an increase of 1.93 percentage points from 4.77% in 2021[23]. - The company invested a total of 67.43 million yuan in R&D during the reporting period, with R&D personnel accounting for 24.60% of the total workforce[38]. - The company has developed AI-based industrial machine vision products and launched the deep learning software platform RAIDI in 2022[40]. - The company is actively engaged in research and development of industrial robots and related technologies, with a focus on software and control systems[160]. - The company achieved total R&D investment of ¥67,430,996.23 in the current year, representing a 51.81% increase compared to ¥44,417,757.42 in the previous year[91]. - The company applied for a total of 31 patents during the reporting period and obtained 25, bringing the cumulative total to 310 patents[89]. Market and Industry Trends - The company is focusing on expanding its market presence in the new energy vehicle sector, which has seen explosive growth in demand[40]. - The demand for industrial robots is expanding across various sectors, including automotive manufacturing, heavy machinery, and electronics, providing favorable conditions for business growth[78]. - The automotive sector remains the primary application market for industrial robots, with expected growth in aerospace, rail transit, and smart home sectors[163]. - In 2022, China's industrial robot market achieved cumulative sales of 271,000 units, representing a year-on-year growth of 50.1%[162]. - The production of new energy vehicles in China reached 7.003 million units in 2022, a significant year-on-year growth of 90.5%[164]. Technology and Innovation - The company has developed a modular design technology for industrial robots, enhancing flexibility and standardization in production processes, particularly in automotive and elevator sectors[86]. - The company has launched an automated production line for new energy vehicle battery trays, incorporating advanced technologies such as robot automatic tightening and online visual detection[87]. - The integration of robot and vision technology allows for body positioning, quality monitoring, and defect detection, increasing the intelligence level of production lines[83]. - The company is focusing on digital smart manufacturing solutions, investing in industrial software development to support its digital transformation strategy[107]. - The company aims to shift from simple robotic equipment services to comprehensive digital and intelligent solution services, connecting design, process planning, and production[81]. Strategic Goals and Future Outlook - The company aims to enhance its core competitiveness by developing a comprehensive solution for intelligent manufacturing systems based on digital, information, network, and intelligent technologies[37]. - The company aims to leverage the growth opportunities in the robotics and high-end equipment industry, targeting a revenue growth rate exceeding 20% by 2025[117]. - The company plans to invest in R&D for new materials, processes, technologies, and applications, with a focus on digital, networked, and intelligent technologies[172]. - The company intends to strengthen its marketing and service network to increase market share in domestic and overseas markets[174]. - Future outlook includes a projected revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion[186]. Corporate Governance and Management - The company has maintained a strong governance structure, ensuring independence from its controlling shareholders and compliance with relevant regulations[179]. - The company’s board of directors includes members with extensive experience in various industries, enhancing governance and oversight[192]. - The company has established a performance evaluation and incentive mechanism linking the compensation of senior management to the company's operational performance[181]. - The company has a dedicated compensation and assessment committee responsible for evaluating the remuneration of directors and senior management[196]. - The company held five board meetings in 2022, all of which passed all resolutions without any rejections[199].

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%[14]. - The company's revenue for the first half of 2022 reached approximately ¥580.61 million, representing a year-on-year increase of 25.93%[24]. - The company has set a revenue guidance of RMB 1.2 billion for the full year 2022, indicating a projected growth of 10%[14]. - Net profit attributable to shareholders for the same period was approximately ¥17.96 million, up 68.22% compared to the previous year[24]. - The basic earnings per share increased to ¥0.27, reflecting a growth of 68.75% year-on-year[21]. - The company's revenue from the new energy vehicle (NEV) industry chain accounted for approximately 51.67% of total revenue during the reporting period[31]. - The company achieved operating revenue of ¥580,609,118.79, representing a year-on-year growth of 25.93%[103]. - The net profit attributable to shareholders reached ¥17,960,205.10, with a year-on-year increase of 68.22%[103]. - The net profit excluding non-recurring gains and losses was ¥12,347,702.79, up 74.91% year-on-year[103]. Research and Development - The company is investing RMB 100 million in R&D for new technologies in smart manufacturing[14]. - The company's R&D investment accounted for 5.00% of operating revenue, an increase of 0.41 percentage points from the previous year[21]. - The company achieved a total R&D investment of ¥29,049,737.57 in the first half of 2022, representing a 37.18% increase compared to ¥21,176,898.30 in the same period last year[85]. - R&D expenses amounted to ¥29,049,700, with 173 R&D personnel, accounting for 27.59% of total employees[105]. - The company received approval for 2 domestic invention patents and 1 design patent during the reporting period, with a total of 55 granted invention patents to date[82]. Product Development and Innovation - New product launches include an advanced robotic automation system expected to enhance production efficiency by 30%[14]. - The company launched the RAIDI deep learning software platform for industrial applications in the first half of 2022[29]. - The company has developed a new 1206C model of friction stir welding equipment, which is compact and stable, successfully applied in small component welding for communication base station heat sinks and automotive electronic controls[48]. - The company has developed advanced welding technology for new energy vehicles, focusing on battery box assembly lines and aluminum battery tray production lines[8]. - The company has developed a series of lightweight friction stir welding equipment, including robotic and static gantry types, to meet diverse product needs[17]. Market Expansion and Strategy - Market expansion efforts include entering two new international markets, aiming for a 25% increase in overseas sales[14]. - The company has established a competitive advantage in the automotive welding sector, being a leader in domestic automotive applications[28]. - The company is positioned within a strategic industry cluster for intelligent robots and high-end equipment manufacturing, as outlined in regional development plans[58]. - The company is actively investing in digital transformation, focusing on industrial software development, and has established a wholly-owned subsidiary dedicated to this area[70]. - The company is expanding its automation business into various sectors, including automotive parts, 3C, engineering machinery, elevators, motorcycles, and ships[96]. Operational Efficiency - The company has implemented fully automated welding systems in motorcycle and electric vehicle production lines, reducing costs and improving welding quality[41]. - The engineering machinery automation production lines improve production efficiency and product quality through advanced technologies like automatic positioning welding systems and intelligent warehousing[38]. - The company has achieved over 30% reduction in energy consumption by replacing existing 3-axis NC systems with a new 4-axis NC mechanism for flexible production of various vehicle models[78]. - The introduction of a high-speed conveying system has significantly shortened the transport time of workpieces, enhancing operational efficiency[78]. - The company has integrated advanced technologies such as artificial intelligence and cloud platforms to enhance product intelligence and reliability in welding equipment[77]. Risk Management - The management highlighted potential risks including supply chain disruptions and increased competition in the robotics sector[14]. - The company faces risks related to customer performance fluctuations, particularly in the automotive sector[109]. - The company operates in a low-concentration market segment within the robotics industry, which may impact its bargaining power and profitability if not effectively managed[111]. Corporate Governance and Shareholder Commitments - The company has made commitments regarding dividend distribution as part of its long-term strategy[140]. - The commitments made by the actual controller and major shareholders are in line with regulatory requirements[143]. - The company has outlined specific conditions under which the lock-up period may be adjusted based on regulatory feedback[144]. - The company commits to not providing loans or financial assistance for the acquisition of restricted stocks under the incentive plan[148]. - The company has outlined measures to compensate for any dilution of immediate returns to shareholders, as stated in the investor protection section of the prospectus[157].

2022 年第一季度报告 证券代码：688090 证券简称：瑞松科技 广州瑞松智能科技股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 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报表 信息的真实、准确、完整。 第一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 | | 本报告期比上年同期 增减变动幅度(%) | | | --- | --- | --- | --- | --- | | 营业收入 | | 283,340,825.88 | | 47.68 | | 归属于上市公司股 | | 7,144,316.03 | | 191.10 | | 东的净利润 | | | | | | 归属于上市公司股 东的扣除非经 ...

2023 年第一季度报告 证券代码：688090 证券简称：瑞松科技 广州瑞松智能科技股份有限公司 2023 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 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。 第一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 1 / 15 2023 年第一季度报告 | 除同公司正常经营业务相关的有 | | | --- | --- | | 效套期保值业务外，持有交易性 | | | 金融资产、衍生金融资产、交易 | | | 性金融负债、衍生金融负债产生 | | | 的公允价值变动损益，以及处置 | | | 交易性金融资产、衍生金融资 | | | 产、交易性金融负债、衍生金融 | | | 负债和其他债权投资取得的投资 | | ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥243,081,481.97, representing a decrease of 2.47% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was -¥1,956,223.84, a decline of 118.05% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was -¥3,845,985.74, down 141.70% year-on-year[5]. - The net profit attributable to shareholders for the year-to-date period was ¥16,250,734.11, down 24.47% year-on-year[5]. - The company achieved operating revenue of 827.84 million RMB for the year-to-date, representing a year-on-year growth of 16.55%[15]. - Net profit for the first three quarters of 2022 was ¥15,221,292.62, a decrease of 30.8% from ¥22,063,100.05 in the same period of 2021[22]. - Earnings per share for the first three quarters of 2022 were ¥0.24, down from ¥0.32 in the same period of 2021[23]. Research and Development - The total R&D investment for Q3 2022 was ¥17,855,682.90, an increase of 65.06% compared to the same period last year[6]. - R&D investment accounted for 7.35% of operating revenue in Q3 2022, up 3.01 percentage points year-on-year[6]. - Research and development expenses for the first three quarters of 2022 were ¥46,905,420.47, an increase of 46.6% from ¥31,994,808.88 in the same period of 2021[21]. - The company attributed the decline in net profit to increased R&D investment and operational delays due to domestic pandemic impacts[10]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥1,840,747,046.25, reflecting a growth of 10.90% compared to the end of the previous year[6]. - As of September 30, 2022, total assets amounted to 1.84 billion RMB, an increase from 1.66 billion RMB at the end of 2021[19]. - Total liabilities increased to ¥843,012,524.07 in Q3 2022, compared to ¥673,875,241.09 in Q3 2021, reflecting a growth of 25.1%[20]. - Non-current liabilities decreased to ¥60,205,718.96 in Q3 2022 from ¥66,829,375.12 in Q3 2021, a reduction of 10.0%[20]. - Shareholder equity totaled ¥997,734,522.18 in Q3 2022, up from ¥985,888,956.91 in Q3 2021, representing a growth of 1.7%[20]. Cash Flow - Cash generated from operating activities was ¥700,330,023.81, an increase of 15.6% compared to ¥605,721,293.08 in the first three quarters of 2021[24]. - The net cash flow from operating activities was -41,302,015.46, compared to -126,050,680.49 in the previous year, indicating an improvement[25]. - Total cash inflow from financing activities was 112,311,160.85, up from 93,100,000.00 year-over-year[26]. - The net cash flow from investing activities was -45,918,138.43, compared to -8,685,777.34 in the previous year, reflecting increased investment outflows[25]. - The total cash and cash equivalents at the end of the period were 313,376,226.46, down from 343,100,060.11 year-over-year[26]. - The company paid 90,211,003.00 in cash for debt repayment, an increase from 79,611,003.00 year-over-year[26]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 5,944[13]. - The top shareholder, Sun Zhiqiang, holds 29.88% of the shares, followed by Ke Xiping with 9.63%[13].