证券代码：688103 证券简称：国力股份 昆山国力电子科技股份有限公司 投资者关系活动记录表 编号：2022-005 | --- | --- | --- | --- | --- | --- | |------------------------|------------------------------|--------------------------------|------------------------------------------------------|-------|-----------| | | | | | | | | 投资者关系活动类别 | 特定对象调研 | ☐ | 分析师会议 | | | | | ☐ 媒体采访 | | ☐业绩说明会 | | | | | ☐新闻发布会 | ☐路演活动 | | | | | | ☐ 现场参观 | | | | | | | ☐ | 其他（请文字说明其他活动内容） | | | | | 形式 | 现场 | 网上 ☐ | 电话会议 | | | | 参与单位名称及人员姓名 | | | 易方达基金：蔡荣成、郑希、倪春尧、李凌霄 | | | | 时间 | 202 ...

Financial Performance - The company's operating revenue for Q3 2022 was CNY 200,902,757.59, representing a year-on-year increase of 61.51%[5] - The net profit attributable to shareholders for Q3 2022 was CNY 26,888,086.66, up 60.44% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 25,270,385.05, reflecting a 62.18% increase year-on-year[5] - Total revenue for the first three quarters of 2022 reached ¥480,352,407.23, a significant increase of 40.5% compared to ¥342,244,372.04 in the same period of 2021[26] - Net profit for the first three quarters of 2022 was ¥58,883,652.22, representing a 15.4% increase from ¥50,983,025.93 in 2021[27] - Total comprehensive income for the third quarter of 2022 reached ¥58,883,652.22, an increase from ¥50,983,025.93 in the same period of 2021[28] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,403,787,568.58, an increase of 9.01% from the end of the previous year[6] - The company's total assets as of September 30, 2022, were ¥1,403,787,568.58, compared to ¥1,287,705,740.14 at the end of 2021, reflecting a growth of 9.0%[22] - The total liabilities as of September 30, 2022, were ¥417,193,682.42, an increase from ¥335,815,054.55 in 2021, reflecting a growth of 24.2%[22] Cash Flow - The company reported a cash flow from operating activities of CNY 35,372,945.80 for the year-to-date period[6] - Cash flow from operating activities for the first three quarters of 2022 was ¥35,372,945.80, a significant improvement compared to a negative cash flow of ¥-23,877,917.88 in the same period of 2021[30] - Cash inflow from operating activities totaled ¥388,426,613.17, compared to ¥240,840,255.48 in the previous year[30] - Cash outflow from operating activities was ¥353,053,667.37, up from ¥264,718,173.36 in the same period of 2021[30] - The company experienced a net decrease in cash and cash equivalents of ¥-103,432,867.65 during the period[31] Shareholder Information - The company reported a total of 2,162 ordinary shares at the end of the reporting period[14] - The largest shareholder, Yin Jianping, holds 26,472,600 shares, representing 27.75% of total shares[14] - The top ten shareholders include various investment funds and individuals, with significant holdings such as 6,175,000 shares by Jinan Financial Investment Fund[15] - The company has a total of 32,272,600 shares held by its controlling shareholder and related parties[16] Research and Development - Research and development expenses for Q3 2022 amounted to CNY 21,071,726.14, a 69.61% increase compared to the same period last year[6] - The company plans to continue increasing its investment in technology research and innovation to enhance its competitive edge[12] Accounting and Compliance - The financial statements for the quarter ending September 30, 2022, are unaudited[19] - The company is committed to compliance and accurate financial reporting practices[17] - The company has written off receivables amounting to RMB 87,581,147.66 due to the bankruptcy of Shenzhen Watma Battery Co., Ltd.[17] - The write-off of receivables aligns with accounting standards and will not significantly impact the company's operations[17] - The company has no significant impact on current profits from the write-off of bad debts as they were previously fully provisioned[17] - The company has established detailed records for all written-off items to facilitate potential future recovery efforts[18] Earnings Per Share - The basic earnings per share for Q3 2022 was CNY 0.28, up 33.33% year-on-year[6] - Basic and diluted earnings per share for the third quarter were both ¥0.61, down from ¥0.69 in the previous year[28]

Financial Performance - The basic earnings per share for the reporting period is CNY 0.33, a decrease of 31.25% compared to the same period last year[22]. - The basic earnings per share after deducting non-recurring gains and losses is CNY 0.31, a decrease of 29.55% year-on-year[22]. - The net profit attributable to shareholders decreased by 7.93% to ¥31,415,770.78 from ¥34,122,130.64 year-on-year[24]. - The net profit excluding non-recurring gains and losses was CNY 30,021,500.00, down 4.43% compared to the previous year[74]. - The company's gross margin for the reporting period was 38.14%, a decrease of 5.78 percentage points compared to the same period last year[69]. - The company achieved operating revenue of 279.45 million yuan, an increase of 61.59 million yuan, representing a growth of 28.27% compared to the same period last year[61]. - Total operating costs amounted to ¥234,463,920.78, up 33.7% from ¥175,352,043.57 year-on-year[200]. Cash Flow and Liquidity - The net cash flow from operating activities for the reporting period is CNY 25.77 million, attributed to increased sales revenue and improved collection of receivables[23]. - The net cash flow from operating activities improved to CNY 25,772,713.06, a significant recovery from a negative cash flow of CNY 10,202,470.96 in the previous year[77]. - The company reported a significant increase in accounts receivable financing by 29.68% to CNY 23,596,221.25, indicating improved liquidity management[78]. - The company's inventory value at the end of the reporting period was 159.76 million yuan, representing 12.32% of total assets, with a provision for inventory impairment of 16.77 million yuan[71]. Research and Development - The R&D expenditure as a percentage of operating revenue is 8.21%, an increase of 0.82 percentage points compared to the previous year[22]. - R&D expenses increased by 42.45% compared to the same period last year, amounting to approximately ¥22.93 million, driven by enhanced innovation efforts[50]. - The company applied for 14 patents and obtained 18 patents during the reporting period, with a total of 34 invention patents, 97 utility model patents, and 4 design patents[46]. - The company focuses on developing core products and exploring new products in the electric vacuum device industry to enhance its technological leadership[45]. Product and Market Development - The company has a diverse product range in electronic vacuum devices, including high-voltage vacuum relays and high-power thyratrons, with applications in defense, aerospace, and new energy vehicles[30]. - The company is expanding its product applications into solar energy, wind energy, energy storage, and rail transit sectors[30]. - The company aims to enhance domestic production capabilities of high-end electronic vacuum devices, reducing reliance on imports and improving international competitiveness[38]. - The company is actively expanding its product offerings and optimizing performance to meet the needs of various downstream applications, particularly in the new energy sector[39]. Environmental and Compliance - The company has implemented efficient and clean environmental protection facilities, ensuring that pollutants meet national discharge standards[96]. - The company has established a waste management system, effectively recycling general waste and properly disposing of hazardous waste through qualified third-party companies[96]. - The company has obtained the necessary environmental impact assessments and pollutant discharge permits for its construction projects[98]. - The company will accept supervision from regulatory bodies and the public regarding its commitments[144]. Shareholder Commitments and Governance - The company commits to not transferring or entrusting the management of its shares for 36 months post-IPO, adhering to relevant laws and regulations[125]. - The company has made commitments related to the initial public offering, which are applicable to various stakeholders including directors and senior management[113]. - The company will ensure that any share reduction does not occur within 6 months of the IPO if the stock price remains below the IPO price[120]. - The company will comply with all relevant laws and regulations regarding shareholding and reduction as stipulated by the China Securities Regulatory Commission and stock exchanges[129]. Legal Matters - The company is involved in a significant lawsuit with Philips, claiming infringement of commercial secrets related to X-ray tubes, with a potential liability amounting to RMB 5,000,000[157]. - The company has transferred the controlling stake of Yiyuan Medical in August 2020 and is not liable for any compensation related to the ongoing lawsuit[157].

Financial Performance - The company's operating revenue for 2021 was CNY 509,050,299.21, representing a year-on-year increase of 25.76% compared to CNY 404,778,193.12 in 2020[24]. - The net profit attributable to shareholders for 2021 was CNY 73,003,802.71, a decrease of 47.23% from CNY 138,348,914.13 in 2020, primarily due to significant investment income recognized from the transfer of control of Kunshan Yiyuan Medical Technology Co., Ltd. in August 2020[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 64,259,035.67, an increase of 38.41% compared to CNY 46,426,598.94 in 2020, driven by strong demand in the downstream customer industry[26]. - The company's total assets at the end of 2021 were CNY 1,287,705,740.14, a year-on-year increase of 43.73% from CNY 895,907,872.19 in 2020[24]. - The basic and diluted earnings per share for 2021 were CNY 0.94, down 51.30% from CNY 1.93 in 2020[25]. - The cash flow from operating activities for 2021 was CNY 40,882,213.96, reflecting a significant increase of 60.66% compared to CNY 25,446,240.53 in 2020[24]. - The company's net assets attributable to shareholders increased by 60.18% to CNY 943,975,057.68 at the end of 2021, compared to CNY 589,329,443.63 at the end of 2020[24]. - Operating profit and total profit for the year were CNY 7,692.71 million and CNY 8,103.12 million, respectively[38]. - The company's gross margin for the reporting period was 40.91%, a decrease of 2.62 percentage points compared to the previous year[86]. Dividend Policy - The company plans to distribute a cash dividend of 3.15 RMB per 10 shares, totaling approximately 30,047,850 RMB, which represents 41.16% of the net profit attributable to shareholders for the year 2021[6]. - The cash dividend policy stipulates that the annual cash distribution should not be less than 20% of the distributable profit for the year, and the cumulative cash distribution over any three consecutive years should not be less than 30% of the average annual distributable profit[165]. - The company must meet specific conditions to implement cash dividends, including positive distributable profit and an asset-liability ratio not exceeding 70%[166]. - The board of directors must consider industry characteristics and development stages when proposing differentiated cash dividend policies, with minimum cash dividend ratios of 80%, 40%, and 20% for different scenarios[167]. - The company strictly adheres to the cash dividend policy, ensuring clarity in standards and compliance in decision-making procedures[171]. - The company will not issue stock dividends and will not increase capital reserves for the 2021 profit distribution plan[171]. - The company’s profit distribution proposal must be approved by the board and subsequently by the shareholders' meeting[168]. - The company’s cash dividend policy is designed to balance shareholder returns with long-term sustainable development[164]. Research and Development - Research and development expenses accounted for 8.13% of operating revenue in 2021, down from 11.09% in 2020[25]. - The company completed its initial public offering in 2021, raising a net amount of CNY 236 million, which contributed to the increase in total assets and net assets[26]. - A total of 22 patents were applied for in 2021, with 14 patents granted, bringing the cumulative total to 31 invention patents and 82 utility model patents[40]. - The company has invested a total of RMB 4,580.75 million in various R&D projects, with a current period investment of RMB 2,620.05 million[75]. - The development of new vacuum capacitors for semiconductor applications is ongoing, with a total investment of RMB 1,000 million, and RMB 472.39 million has been invested to date[73]. - The company is developing a series of high-voltage DC contactors, with a total investment of RMB 1,000 million, and has invested RMB 295.59 million so far[73]. - The R&D of a 1000V high-power fast-charging contactor is in progress, with a total investment of RMB 310 million and RMB 394.59 million already invested[73]. - The number of R&D personnel has increased to 121, representing 14.61% of the total workforce, up from 13.11% in the previous period[78]. Market and Product Development - The company has expanded its product applications into photovoltaic, wind energy, energy storage, and rail transit sectors[45]. - The company achieved operating revenue of CNY 50,905.031 million in 2021, an increase of CNY 10,427.21 million or 25.76% year-on-year[38]. - The company has established itself as a key supplier in the new energy vehicle and charging infrastructure sectors, leveraging its expertise in ceramic materials technology[59]. - The company is one of the early domestic suppliers in the semiconductor equipment sector, producing ceramic vacuum capacitors and high-voltage vacuum relays, although it faces competition from established foreign brands[60]. - The company has recently entered the photovoltaic and energy storage markets, establishing partnerships with several leading new energy manufacturers, but currently holds a low market share[61]. - The electronic vacuum device industry is experiencing a trend towards miniaturization and lightweight products to meet the demands of aerospace and military applications[62]. Risk Management - The company faces risks related to the loss of core technology, which could negatively impact its competitive advantage and operational performance[81]. - The company operates in a highly competitive environment, with significant competition from established players like L3 Harris and Siemens, which may affect its market share and growth prospects[84]. - The company is exposed to risks from fluctuations in raw material prices, which accounted for over 70% of its main business costs during the reporting period[85]. - The company has identified risks related to the expansion of downstream application areas, which may not be effectively managed due to its smaller scale[83]. - The company has a risk of talent loss in a technology-intensive industry, which could impact its innovation and operational stability[82]. Corporate Governance - The company has received a standard unqualified audit report from the accounting firm Rongcheng[8]. - The company has a robust internal control system and governance structure in compliance with relevant laws and regulations[132]. - The company emphasizes the importance of quality awareness and management among all employees through training and certification programs[128]. - The company has established a governance structure that complies with relevant laws and regulations, ensuring the protection of shareholder and creditor rights[189]. - The company has maintained a standard unqualified opinion in its internal control audit report, reflecting strong governance practices[176]. Employee and Social Responsibility - The company has actively engaged in employee welfare initiatives, including regular health checks and support for employees in need[194]. - The company has focused on employee training and development, providing opportunities for career advancement[190]. - The company has actively participated in social responsibility initiatives, including support for public welfare and poverty alleviation efforts[188]. - The company has maintained zero COVID-19 infection and incidence rates among employees during the reporting period[194]. Future Outlook - The company plans to enhance its production capabilities and accelerate the development of new technologies and products in 2022[127]. - The company aims to improve operational efficiency and expand its market share in high-end manufacturing sectors such as aerospace and semiconductors[126]. - The company will continue to increase its R&D investment, focusing on new technologies, processes, and equipment to enhance product competitiveness[128]. - The company aims to develop high-power, high-efficiency, high-frequency, ultra-wideband, miniaturized, long pulse width, high reliability, and long lifespan products[128].

Financial Performance - The company's operating revenue for Q1 2022 was ¥128,580,575.14, representing a year-on-year increase of 53.91%[2] - The net profit attributable to shareholders for Q1 2022 was ¥12,057,066.41, reflecting a growth of 31.82% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,520,441.45, which is a 35.92% increase year-on-year[2] - Total operating revenue for Q1 2022 reached ¥128,580,575.14, a significant increase of 53.8% compared to ¥83,544,297.58 in Q1 2021[19] - Net profit for Q1 2022 was ¥12,206,125.27, representing a 34.5% increase from ¥9,109,519.64 in Q1 2021[20] - Operating profit for Q1 2022 was ¥14,094,688.29, up 28.7% from ¥10,986,767.28 in Q1 2021[20] - Earnings per share remained stable at ¥0.13 for both Q1 2022 and Q1 2021[21] Research and Development - Research and development expenses totaled ¥12,205,138.36, marking an increase of 89.81% compared to the previous year[4] - The proportion of R&D expenses to operating revenue was 9.49%, an increase of 1.79 percentage points year-on-year[4] - Research and development expenses increased to ¥12,205,138.36 in Q1 2022, compared to ¥6,430,085.16 in Q1 2021, reflecting a growth of 89.5%[20] Cash Flow and Liquidity - The net cash flow from operating activities was ¥17,131,843.26, with no applicable year-on-year comparison[2] - Cash flow from operating activities generated a net amount of ¥17,131,843.26 in Q1 2022, a turnaround from a net outflow of ¥26,082,815.10 in Q1 2021[24] - The company reported a total cash inflow from operating activities of ¥124,695,706.55 in Q1 2022, compared to ¥71,421,946.37 in Q1 2021, an increase of 74.6%[24] - The net increase in cash and cash equivalents was -$131.61 million, compared to -$82.82 million in the previous period, showing a worsening cash position[25] - The ending balance of cash and cash equivalents was $352.46 million, down from $484.07 million at the beginning of the period, indicating a decline in liquidity[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,249,083,901.70, a decrease of 3.00% from the end of the previous year[4] - The company's current assets totaled RMB 877,247,403.30, down from RMB 924,571,624.80 at the end of 2021, indicating a decrease of about 5.1%[16] - The company's cash and cash equivalents decreased to RMB 365,835,515.31 from RMB 505,849,369.18, representing a decline of approximately 28%[16] - The total current liabilities were RMB 269,350,610.05, down from RMB 320,226,453.17, showing a reduction of about 16%[17] - The company's total liabilities decreased to ¥284,987,090.85 in Q1 2022 from ¥335,815,054.55 in Q1 2021, indicating a reduction of 15.1%[18] - The company's long-term equity investments remained unchanged at RMB 9,874,523.87[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,258[10] Financial Reporting and Standards - The financial report was released on April 26, 2022, providing insights into the company's performance for the first quarter of 2022[25] - The company has not adopted the new accounting standards starting from 2022, which may affect future financial reporting[25]

Financial Performance - The company's operating revenue for 2021 was CNY 509,050,299.21, representing a year-on-year increase of 25.76% compared to CNY 404,778,193.12 in 2020[24]. - The net profit attributable to shareholders for 2021 was CNY 73,003,802.71, a decrease of 47.23% from CNY 138,348,914.13 in 2020, primarily due to significant investment income recognized in 2020 from the transfer of control of Kunshan Yiyuan Medical Technology Co., Ltd.[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 64,259,035.67, an increase of 38.41% compared to CNY 46,426,598.94 in 2020, driven by strong demand in the downstream customer industry[26]. - The company's total assets at the end of 2021 were CNY 1,287,705,740.14, a year-on-year increase of 43.73% from CNY 895,907,872.19 in 2020[24]. - The basic and diluted earnings per share for 2021 were CNY 0.94, down 51.30% from CNY 1.93 in 2020[25]. - The net cash flow from operating activities for 2021 was CNY 40,882,213.96, reflecting a year-on-year increase of 60.66% from CNY 25,446,240.53 in 2020[24]. - The company's gross margin for the reporting period was 40.91%, a decrease of 2.62 percentage points compared to the previous year[86]. - Operating costs increased by 31.60% to CNY 300.78 million, primarily due to revenue growth[94]. - The company reported a significant reduction in financial expenses by 81.28% to 1.25 million RMB, mainly due to decreased interest costs[111]. Dividend Policy - The company plans to distribute a cash dividend of 3.15 RMB per 10 shares, totaling approximately 30,047,850 RMB, which represents 41.16% of the net profit attributable to shareholders for the year 2021[6]. - The cash dividend policy stipulates that at least 20% of the distributable profit for the year should be distributed in cash, and the cumulative cash distribution over any three consecutive years should not be less than 30% of the average annual distributable profit[166]. - The company must meet specific conditions to implement cash dividends, including positive distributable profit and an audit report without reservations[167]. - The board of directors must consider industry characteristics, development stages, and major capital expenditures when proposing differentiated cash dividend policies[168]. - The company does not plan to issue stock dividends or capital reserve transfers for the 2021 profit distribution[172]. Research and Development - Research and development expenses accounted for 8.13% of operating revenue in 2021, down from 11.09% in 2020[25]. - The total R&D investment for the year was approximately ¥41.37 million, a decrease of 7.81% from the previous year's ¥44.87 million, representing 8.13% of total revenue[69]. - The company applied for 22 patents in 2021, with 14 patents granted, bringing the cumulative total to 31 invention patents and 82 utility model patents[40]. - The company focuses on developing advanced core technologies, including energy-saving control technology and automated production techniques, which are not common in the industry[66]. - The company has achieved significant results in promoting and applying its R&D outcomes, solidifying its position in the vacuum electronic device sector[67]. Market and Competitive Position - The company operates in the electronic vacuum device manufacturing industry, which is a technology-intensive sector with high technical barriers and a wide range of applications in aerospace, defense, semiconductor equipment, and new energy vehicles[58]. - The company has established itself as a key player in the new energy vehicle sector, leveraging its expertise in ceramic materials to develop high-voltage direct current contactors, gaining recognition from major clients in the industry[59]. - The company has recently entered the photovoltaic and energy storage markets, establishing partnerships with several leading new energy manufacturers, although it currently holds a lower market share compared to competitors[61]. - The company faces risks related to core technology leakage, which could adversely affect its competitive edge and operational performance[81]. - The company has a diverse product range, including ceramic high-voltage direct current contactors and vacuum relays, but faces competition from established international firms[88]. Governance and Compliance - The company has received a standard unqualified audit report from the accounting firm Rongcheng[8]. - The company has established an effective internal control system, ensuring no significant control deficiencies were found during the reporting period[175]. - The internal control audit report received a standard unqualified opinion, indicating a robust internal control framework[177]. - The governance structure has been improved, with the board of directors holding 7 meetings and the supervisory board holding 5 meetings during the reporting period[133]. - The company emphasizes the protection of stakeholders' rights, maintaining a structured governance system that complies with relevant laws and regulations[190]. Employee and Talent Management - The company has a total of 828 employees, with 432 in the parent company and 396 in major subsidiaries[162]. - The employee composition includes 457 production staff, 39 sales personnel, 166 technical staff, 15 finance staff, and 151 administrative staff[162]. - The company has established a competitive salary system to attract and retain talent, which includes basic salary, performance bonuses, and welfare subsidies[163]. - The company conducts annual training plans based on departmental needs, integrating business goals with employee career development[164]. - The R&D personnel count increased to 121, representing 14.61% of the total workforce, up from 13.11% in the previous period[78]. Social Responsibility and Environmental Management - The company actively fulfills social responsibilities, focusing on shareholder rights, employee rights, and environmental protection[178]. - The company has implemented comprehensive pollution control measures, ensuring compliance with environmental standards and regulations[179]. - The company has established various environmental management policies to ensure effective waste and energy management[185]. - The company plans to increase investment in environmental protection to enhance pollution treatment capabilities in the future[186]. - The company has actively participated in pandemic prevention efforts, providing free protective supplies to employees and conducting regular health checks[195].

Financial Performance - The company's operating revenue for Q3 2021 was ¥124,387,501.17, representing a year-on-year increase of 20.96%[5] - The net profit attributable to shareholders for Q3 2021 was ¥16,759,428.43, a decrease of 84.77% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥15,581,868.66, down 37.23% year-on-year[5] - Total revenue for the first three quarters of 2021 reached ¥342,244,372.04, a 30.2% increase compared to ¥262,882,594.70 in the same period of 2020[22] - Operating profit for the third quarter was ¥58,602,694.01, down 53.2% from ¥124,971,121.47 in the previous year[23] - Net profit for the first three quarters was ¥50,983,025.93, a decrease of 54.4% compared to ¥111,816,773.74 in the same period of 2020[23] - Total comprehensive income for the third quarter was CNY 50,983,025.93, a decrease from CNY 111,816,773.74 in the previous year[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,148,710,675.43, an increase of 28.23% compared to the end of the previous year[6] - Total assets increased to ¥1,148,710,675.43, up from ¥895,907,872.19 year-over-year, reflecting a growth of 28.2%[22] - Total liabilities decreased to ¥264,416,090.98 from ¥299,095,913.68, a reduction of 11.6%[21] - The total equity attributable to shareholders increased to ¥876,710,602.71 from ¥589,329,443.63, reflecting a growth of 48.8%[21] Cash Flow - The cash flow from operating activities for the year-to-date period was negative ¥23,877,917.88, reflecting a significant increase in material procurement costs due to expanded production scale[6] - Cash inflow from operating activities for the first three quarters was CNY 240,840,255.48, compared to CNY 224,573,996.75 in the same period last year[26] - Net cash flow from operating activities was negative CNY 23,877,917.88, worsening from negative CNY 5,531,441.44 year-over-year[26] - Cash inflow from investment activities was CNY 277,297,559.61, down from CNY 755,043,875.11 in the previous year[26] - Net cash flow from investment activities was negative CNY 15,107,264.33, an improvement from negative CNY 35,959,120.16 year-over-year[26] - Cash inflow from financing activities was CNY 260,835,600.00, significantly higher than CNY 46,000,000.00 in the previous year[27] - Net cash flow from financing activities was CNY 223,343,913.20, compared to CNY 4,459,368.42 in the same period last year[27] - The ending balance of cash and cash equivalents was CNY 462,370,257.29, up from CNY 209,088,946.80 year-over-year[27] - The company reported a net increase in cash and cash equivalents of CNY 183,819,746.82, contrasting with a decrease of CNY 39,432,434.93 in the previous year[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 4,516[13] - The largest shareholder, Yin Jianping, holds 26,472,600 shares, representing 27.75% of the total shares[13] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top three alone accounting for over 38%[13] - The company has no preferred shareholders with restored voting rights[13] - The company has no significant changes in its shareholder structure regarding financing and securities lending activities[16] Research and Development - The company's R&D investment totaled ¥12,423,759.98 in Q3 2021, which accounted for 9.99% of operating revenue, a decrease of 0.80 percentage points[6] - Research and development expenses for the first three quarters were ¥28,520,021.72, down 27.3% from ¥39,222,793.01 in the same period of 2020[22] Market and Product Development - The company reported a significant increase in demand for its products in the downstream new energy vehicle sector, contributing to a 30.19% increase in operating revenue for the year-to-date period[10] - The company has not disclosed any new product developments or market expansion strategies in the current reporting period[17] Other Financial Metrics - The basic earnings per share for Q3 2021 were ¥0.21, down 85.53% from the same period last year[6] - The weighted average return on net assets for Q3 2021 was 2.31%, a decrease of 89.13 percentage points year-on-year[6] - Accounts receivable increased to ¥182,949,086.38 from ¥148,441,471.96 year-over-year[18] - Inventory as of September 30, 2021, is ¥136,817,232.38, up from ¥95,246,903.77 at the end of 2020[18] - The company reported a decrease in trading financial assets to ¥0 from ¥30,749,176.44 year-over-year[18] - The company reported a decrease in long-term borrowings to ¥4,070,220.85 from ¥21,241,473.90, a decline of 80.8%[21] - The company's contract assets rose to ¥2,706,112.54, compared to ¥1,175,512.51 in the previous year, an increase of 130.0%[20]