Financial Performance - The company's operating revenue for Q1 2023 was ¥862,706,303.43, representing a year-on-year increase of 30.24%[5] - The net profit attributable to shareholders was ¥72,501,358.87, reflecting a significant increase of 247.50% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥41,215,495.43, up by 227.33% year-on-year[5] - Basic and diluted earnings per share were both ¥0.34, an increase of 240.00% compared to the previous year[6] - The net profit for Q1 2023 reached ¥76,895,341.33, compared to ¥23,811,808.06 in Q1 2022, representing a significant increase of 222.5%[22] - The basic and diluted earnings per share for Q1 2023 were both ¥0.34, compared to ¥0.10 in Q1 2022[23] Research and Development - The company's R&D investment totaled ¥48,040,864.01, which is a 30.97% increase year-on-year, indicating a focus on developing wind power products and high-temperature alloy products[9] - Research and development expenses increased to ¥48,040,864.01 in Q1 2023, up from ¥36,680,275.60 in Q1 2022, marking a rise of 31.0%[22] - The company plans to continue increasing investment in R&D to enhance product development capabilities and market competitiveness[9] Assets and Liabilities - The total assets at the end of the reporting period were ¥10,550,021,871.06, a slight increase of 0.83% from the end of the previous year[6] - As of March 31, 2023, the total assets of the company amounted to RMB 10,550,021,871.06, an increase from RMB 10,463,562,122.26 as of December 31, 2022, reflecting a growth of approximately 0.83%[15] - The total liabilities as of Q1 2023 amounted to ¥6,703,219,845.03, slightly up from ¥6,695,290,475.90 in the previous year[18] - The total non-current liabilities as of Q1 2023 were ¥2,796,843,343.23, an increase from ¥2,732,563,157.72 in the previous year[18] - The total equity attributable to shareholders increased to ¥3,502,316,472.26 in Q1 2023 from ¥3,428,546,729.83 in Q1 2022, reflecting a growth of 2.1%[18] Cash Flow - The net cash flow from operating activities was negative at -¥135,059,468.68, indicating cash outflow during the quarter[6] - The net cash flow from operating activities was -135,059,468.68, compared to -105,733,472.61 in the previous year, indicating a decline in operational cash generation[25] - Cash received from sales of goods and services in Q1 2023 was ¥172,165,396.52, down from ¥206,826,272.52 in Q1 2022, indicating a decrease of 16.8%[24] - The net cash flow from investing activities was -213,989,101.09, compared to -454,167,687.27 in the previous year, showing an improvement in investment cash outflows[26] - Cash inflow from financing activities totaled 691,175,632.58, a significant decrease from 1,461,639,828.90 in the prior year[26] - Total cash outflow from financing activities was 939,255,571.73, compared to 597,417,395.33 in the previous year, indicating higher financing costs[26] Other Financial Metrics - The weighted average return on equity increased by 1.42 percentage points to 2.09%[6] - The company's cash and cash equivalents decreased to RMB 971,495,744.43 from RMB 1,479,146,035.58, representing a decline of about 34.3%[15] - Accounts receivable increased to RMB 968,549,153.17 from RMB 802,524,271.21, marking a rise of approximately 20.6%[16] - Inventory levels rose to RMB 2,042,126,314.80 from RMB 1,976,185,428.01, indicating an increase of around 3.34%[16] - The company's non-current assets totaled RMB 5,112,643,223.31, up from RMB 4,858,775,690.20, which is an increase of about 5.2%[16] - The total current assets decreased to RMB 5,437,378,647.75 from RMB 5,604,786,432.06, reflecting a decline of approximately 3%[16] - The company reported a significant increase in receivables from notes, which rose to RMB 838,468,636.20 from RMB 743,435,088.55, a growth of about 12.8%[16] Market and Future Outlook - The company has not disclosed any new product or technology developments in this quarter[14] - There are no updates on market expansion or mergers and acquisitions mentioned in the report[14] - The company has not provided specific future guidance or outlook for the upcoming quarters[14]

Financial Performance - The net profit attributable to shareholders for 2022 was RMB 102,933,480.55, with a cash dividend distribution plan of RMB 0.5 per 10 shares, totaling RMB 10,712,000.00[4] - As of December 31, 2022, the company's distributable profits amounted to RMB 429,671,029.66[4] - The cash dividend payout ratio for the year was 10.41%[4] - The company's operating revenue for 2022 was approximately CNY 3.37 billion, representing a 23.02% increase compared to CNY 2.74 billion in 2021[22] - The net profit attributable to shareholders for 2022 was CNY 102.93 million, a decrease of 41.55% from CNY 176.10 million in 2021[22] - The net cash flow from operating activities for 2022 was negative CNY 640.10 million, an improvement from negative CNY 696.35 million in 2021[22] - The total assets at the end of 2022 were CNY 10.46 billion, a 39.58% increase from CNY 7.50 billion at the end of 2021[22] - The basic earnings per share for 2022 were CNY 0.48, down 49.47% from CNY 0.95 in 2021[23] - The weighted average return on equity for 2022 was 3.23%, a decrease of 4.37 percentage points from 7.60% in 2021[23] - The net assets attributable to shareholders at the end of 2022 were CNY 3.43 billion, a 9.70% increase from CNY 3.13 billion at the end of 2021[22] Operational Risks and Governance - The company has detailed various operational risks in the report, which investors are advised to review[3] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[8] - There are no violations of decision-making procedures regarding external guarantees[8] - The company has not faced any issues with a majority of directors being unable to ensure the authenticity and completeness of the annual report[8] - The company has not reported any special arrangements for corporate governance[8] - The company plans to submit the profit distribution proposal to the shareholders' meeting for approval, requiring a two-thirds majority vote[5] Research and Development - The company's R&D expenditure as a percentage of operating revenue increased to 5.32% in 2022 from 4.78% in 2021[23] - The company is undergoing product upgrades and innovations in response to market demands, leading to increased R&D expenditures[24] - The company developed 16 new invention patents and 28 utility model patents during the reporting period, bringing the total number of authorized patents to 117[37] - The company has successfully developed and is about to achieve mass production of Co3W2 and Co3W3 turbine steels[76] - The company has achieved breakthroughs in the production of electronic-grade ultra-pure stainless steel 316LN, with impurity levels reaching A Class 0, B Class 0, C Class 0, and D Class ≤0.5, matching international advanced manufacturers[76] Market and Product Development - The company continues to focus on high-end equipment and strategic emerging industries as part of its long-term growth strategy[21] - The company is focusing on expanding its market presence and enhancing its product offerings in the wind power sector[24] - The company is actively pursuing market expansion in hydropower and other sectors, further enhancing its market presence[36] - The company has expanded its business to include high-end castings for nuclear and gas turbines, aiming to replace imported components with domestically produced high-end castings[50] - The company is focused on technological breakthroughs and import substitution in key areas, contributing to the development of strategic emerging industries[73] Financial Risks and Challenges - The company is exposed to industry risks, particularly if national policies supporting the new materials and wind power sectors are reduced, which could adversely affect its operational performance[124] - The procurement cost of raw materials, including scrap steel and alloys, accounted for 61.17% of total material costs, exposing the company to price volatility risks[118] - The company's accounts receivable increased from ¥1,152.57 million to ¥1,545.96 million, representing 15.37% and 14.77% of total assets respectively, indicating potential financial risks[121] - The net cash flow from operating activities was negative at -¥640.10 million, raising concerns about liquidity risks[121] - The company has faced risks related to the loss of core technical personnel and potential technology leaks, which could impact its competitive position[119] Strategic Initiatives - The company aims to enhance its capabilities in precision machining of key components for wind power, improving overall delivery capacity and responsiveness to market changes[167] - The company plans to enhance its industrialization capabilities, particularly in the production of components for new energy wind turbine gearboxes, by establishing new production lines and optimizing product structure[170] - The company is focusing on the development of high-purity special stainless steel materials to enhance self-sufficiency and reduce reliance on imports[93] - The company is committed to expanding its market presence in the aerospace and defense industries, leveraging its advanced material technologies[109] - The company plans to strengthen its talent acquisition and training programs to build a high-quality workforce, enhancing its overall management and technical capabilities[172] Corporate Governance - The company conducted 14 board meetings during the reporting period, ensuring compliance with relevant regulations and effective governance[176] - The company held 13 supervisory board meetings during the reporting period[178] - The total pre-tax remuneration for the chairman and general manager was CNY 250.56 million, with no change in shareholding[181] - The total pre-tax remuneration for the vice president was CNY 70.65 million, with no change in shareholding[181] - The company did not experience any significant changes in business independence or operational capabilities from its controlling shareholders[178]

| 证券代码：688186 | 证券简称：广大特材 公告编号：2022-016 | | --- | --- | | 转债代码：118023 | 转债简称：广大转债 | 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 4 月 17 日(星期一)至 4 月 24 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 gd005@zjggdtc.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。 张家港广大特材股份有限公司（以下简称"公司"）将于 2023 年 4 月 22 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，公司计划于 2023 年 4 月 25 日上午 10:00-11:00 举行 2022 年度暨 2023 年第一季度业绩说 明会，就投资者关心的问题进行交流。 一、说明会类型 张家港广大特材股份有限公司 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 ...

证券代码：688186 证券简称：广大特材 张家港广大特材股份有限公司投资者关系活动记录表 编号：2022-5 | --- | --- | --- | |-------------------------|------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | □ 特定对象调研 | □ 分析师会议 | | | □ 媒体采访 | □ 业绩说明会 | | 投资者关系活 动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | √ 电话会议 | | | □ | 其他（请文字说明其他活动内容） | | | | 天风证券孙潇雅、郝占一、广发基金姚旭增、何珏威、曹 | | 参与单位名称 及人员姓 ...

证券代码：688186 证券简称：广大特材 张家港广大特材股份有限公司投资者关系活动记录表 编号：2022-6 | --- | --- | --- | |------------------------------|--------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

2022 年第三季度报告 证券代码：688186 证券简称：广大特材 张家港广大特材股份有限公司 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。 公司负责人徐卫明、主管会计工作负责人钟为义及会计机构负责人朱大鹏保证季度报告中财 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 | 年初至报告期末 | 年初至报告 | | --- | --- | --- | --- | --- | | | | 比上年同 | | 期末比上年 | | | | 期增减变 | | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 829,458,954.59 | 76.80 | 2,407,049, ...

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[1]. - The net profit attributable to shareholders was RMB 200 million, up 10% compared to the same period last year[1]. - The company's operating revenue for the first half of 2022 was CNY 1,577,590,128.20, representing a 4.74% increase compared to CNY 1,506,198,676.45 in the same period last year[19]. - The net profit attributable to shareholders decreased by 61.54% to CNY 57,636,253.34 from CNY 149,841,359.64 year-on-year[19]. - The basic earnings per share dropped by 70.33% to CNY 0.27, down from CNY 0.91 in the previous year[20]. - The net cash flow from operating activities was negative at CNY -184,998,422.57, a significant decline from CNY 14,386,119.94 in the same period last year, marking a decrease of 1,385.95%[19]. - The company reported a decrease in various financial metrics primarily due to increased period expenses and rising raw material prices during the first half of the year[20]. - The company achieved a total revenue of 340.5 million RMB, with a net profit of approximately 69.5 million RMB, reflecting a significant increase compared to the previous period[85]. - The company reported a significant increase in revenue for the first half of 2022, achieving a total of 1.5 billion, representing a 20% year-over-year growth[132]. - The company provided a positive outlook for the second half of 2022, projecting a revenue growth of 25%[132]. Research and Development - The company has allocated RMB 100 million for research and development in advanced materials for the upcoming fiscal year[1]. - The company's R&D expenditure as a percentage of operating revenue rose to 4.41%, an increase of 0.74 percentage points from 3.67% in the previous year[20]. - The company achieved a total R&D investment of ¥69,507,659.07, representing a 25.74% increase compared to ¥55,279,388.57 in the previous year[69]. - Research and development expenses rose by 25.74% to CNY 69,507,659.07, reflecting the company's commitment to enhancing technology and product development[194]. - The company is investing heavily in R&D, with a budget increase of 30% to enhance product innovation and technology development[132]. - The company is actively pursuing research and development in new materials and technologies to maintain its competitive edge in the market[93]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by the end of 2023[1]. - Market expansion plans include entering three new international markets by Q4 2022, aiming for a 10% market share in each[132]. - The company is considering strategic acquisitions to bolster its market position, with potential targets identified in the tech sector[132]. - The company is focusing on expanding its presence in the wind power, military, and energy equipment sectors, with ongoing projects to enhance production capacity and market share[91]. Product Development and Innovation - New product development includes the launch of a high-performance alloy, expected to contribute an additional RMB 300 million in revenue in 2023[1]. - The company is constructing a project to produce 84,000 precision mechanical components annually, enhancing its market share and competitiveness in the gearbox component industry[34]. - The company has expanded its product offerings to include high-end cast steel components for nuclear and gas turbines, achieving mass production capabilities for high-parameter units[45]. - The company is developing new products, including large wind power components and high-strength steel, to meet the growing market demand and improve overall profitability[93]. Operational Efficiency and Cost Management - The company has committed to reducing operational costs by 15% through efficiency improvements and process optimization[132]. - The company is implementing cost control measures and optimizing production processes to enhance efficiency and reduce material costs[94]. - The company aims to enhance self-sufficiency in high-purity special stainless steel, with non-metallic inclusions requirements set at A, C class 0 level and D class ≤0.5 level[77]. Risks and Challenges - The management highlighted potential risks including fluctuations in raw material prices and regulatory changes[1]. - The company is facing risks related to raw material price volatility, which could adversely affect profitability[99]. - The company has faced risks related to the potential loss of core technical personnel and the need for continuous innovation to meet market demands[96]. Environmental and Social Responsibility - The company has implemented pollution prevention measures to ensure that pollutants are treated and discharged in compliance with standards[123]. - The company utilizes a "rainwater and sewage diversion" system for wastewater management, ensuring that production wastewater is recycled and not discharged externally[123]. - The company has established a waste gas treatment system, including dust removal devices and purification towers, to manage emissions effectively[123]. - The company has taken measures to reduce noise pollution through sound insulation and vibration reduction techniques[123]. Corporate Governance and Shareholder Relations - The company has developed a sound corporate governance structure to ensure independent operation of the board, supervisory board, and management, enhancing shareholder rights[141]. - The company committed to ensuring the fulfillment of promises made during the IPO process, including public disclosure of any unfulfilled commitments and compensation for investor losses[145]. - The company will actively protect the interests of minority investors and implement measures to prevent dilution of immediate returns[140]. - The company will ensure that all related transactions are conducted at fair market prices and will fulfill information disclosure obligations[135].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 662,397,776.95, representing an increase of 8.96% compared to the same period last year[5]. - The net profit attributable to shareholders decreased by 67.94% to CNY 20,863,482.71, primarily due to rising raw material costs[10]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 76.80% to CNY 12,591,246.77[5]. - The basic and diluted earnings per share were both CNY 0.10, down 74.36% year-on-year[6]. - Total revenue for Q1 2022 reached ¥662,397,776.95, an increase of 8.97% compared to ¥607,928,692.84 in Q1 2021[21]. - Net profit for Q1 2022 was ¥23,811,808.06, a decrease of 63.5% from ¥65,360,804.95 in Q1 2021[22]. - Earnings per share for Q1 2022 were ¥0.10, down from ¥0.39 in Q1 2021[23]. Research and Development - The total R&D investment amounted to CNY 36,680,275.60, an increase of 88.96% compared to the previous year, accounting for 5.54% of operating revenue[6]. - Research and development expenses increased to ¥36,680,275.60 in Q1 2022, compared to ¥19,411,841.34 in Q1 2021, marking an increase of 88.9%[22]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 8,417,828,419.01, reflecting a growth of 12.29% from the end of the previous year[6]. - The company's current assets totaled RMB 4,257,139,585.70, up from RMB 3,738,249,373.80, indicating an increase of about 13.9%[18]. - The inventory level rose to RMB 1,968,833,664.22 from RMB 1,508,390,376.28, representing a significant increase of approximately 30.5%[18]. - The total liabilities stood at RMB 5,924,175,477.45, compared to RMB 5,025,853,061.33, marking an increase of approximately 17.8%[19]. - Total liabilities increased to ¥4,939,570,775.97 in Q1 2022, compared to ¥4,041,228,504.05 in Q1 2021, representing a growth of 22.2%[20]. Cash Flow - The net cash flow from operating activities was negative at CNY -105,733,472.61, indicating a significant cash outflow[5]. - Cash flow from operating activities showed a net outflow of ¥105,733,472.61 in Q1 2022, slightly improved from a net outflow of ¥105,996,432.63 in Q1 2021[26]. - The company reported a total cash inflow from operating activities of ¥429,819,293.41 in Q1 2022, compared to ¥219,421,029.85 in Q1 2021, an increase of 96%[26]. - The net cash flow from financing activities was $864,222,433.57, an increase from $315,467,845.81 in the previous period[27]. - The net cash flow from investment activities was -$454,167,687.27, compared to -$107,493,908.42 previously[27]. Shareholder Information - The number of common shareholders at the end of the reporting period was 12,372[12]. - Owner's equity reached ¥3,478,257,643.04 in Q1 2022, up from ¥3,455,245,823.69 in Q1 2021, indicating a growth of 0.67%[20]. Financial Expenses - The company incurred financial expenses of ¥18,047,808.69 in Q1 2022, which is an increase from ¥13,977,772.19 in Q1 2021, reflecting a rise of 29.4%[22].

Financial Performance - The net profit attributable to shareholders for 2021 was RMB 176,099,515.05, with a cash dividend distribution plan of RMB 2.50 per 10 shares, totaling RMB 53,560,000.00[5] - The company's cash dividend payout ratio for the year was 30.41%[5] - As of December 31, 2021, the company's distributable profits amounted to RMB 318,356,663.62[5] - The company's operating revenue for 2021 was ¥2,737,280,294.11, representing a 51.20% increase compared to ¥1,810,337,765.34 in 2020[22] - The net profit attributable to shareholders for 2021 was ¥176,099,515.05, a slight increase of 1.70% from ¥173,159,052.65 in 2020[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 9.38% to ¥148,105,021.68 from ¥163,426,387.64 in 2020[22] - The company's total assets increased by 80.75% to ¥7,496,474,327.74 at the end of 2021, up from ¥4,147,341,774.36 at the end of 2020[22] - The net assets attributable to shareholders rose by 78.81% to ¥3,125,475,332.73 at the end of 2021, compared to ¥1,747,895,528.71 at the end of 2020[22] - The company's basic earnings per share (EPS) decreased by 13.64% to CNY 0.95 compared to the previous year[24] Cash Flow and Investments - The net cash flow from operating activities for 2021 was negative at -¥696,354,838.56, worsening from -¥162,805,345.57 in 2020[22] - The cash flow from operating activities was negative across all four quarters, with Q1 showing a net cash flow of CNY -105,996,432.63[28] - The company's investment activities generated a net cash outflow of -1,241,944.30 million RMB, primarily due to increased investment in new projects[111] - The financing activities generated a net cash flow of 1,954,897,052.82, an 88.28% increase compared to the previous year, primarily from stock issuance and increased bank loans[130] Research and Development - The company has been actively involved in the research and development of new products and technologies to enhance its market position[21] - Research and development (R&D) expenses accounted for 4.78% of operating revenue, an increase of 0.65 percentage points from the previous year[24] - The company increased its R&D investment to approximately ¥130.92 million, a 75.17% increase from the previous year[86] - The company has established 32 core technologies related to melting, forming, and heat treatment, which are critical for material performance and stability[100] - The company has filed for 32 new patents this year, with 19 patents granted, bringing the total to 144 applications and 73 granted[84] Market Strategy and Expansion - The company aims to expand its market presence through strategic initiatives and potential mergers and acquisitions[21] - The company is focused on high-tech, high-difficulty wind power material products, establishing a competitive advantage in niche markets[66] - The company is expanding its product matrix in the offshore wind power sector, focusing on precision mechanical components and large-scale equipment[47] - The company is actively expanding its market presence in the wind power sector, contributing to increased revenue from new subsidiaries[109] - The company plans to continue expanding its market presence and product offerings in the renewable energy sector[116] Corporate Governance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[8] - The company has not violated decision-making procedures for external guarantees[8] - The company does not have any special arrangements for corporate governance[6] - The company has confirmed that there are no significant differences in governance compared to regulations set by the China Securities Regulatory Commission[156] - The company has maintained a consistent approach to governance and compliance with regulatory requirements[178] Risks and Challenges - The company has detailed various operational risks in the report, which investors should be aware of[3] - The company faces risks related to raw material price fluctuations, with 61.54% of material costs coming from scrap steel, alloys, and pig iron[104] - The company is exposed to potential risks from talent loss and technology leakage, which could impact its competitive edge in the high-end steel material market[102] Production and Operations - The company operates three main production bases: Zhangjiagang focuses on material R&D and customized production, Rugao specializes in wind power castings, and Deyang concentrates on energy power equipment and turbine blade production[50] - The company employs a "sales-driven production" model, organizing production based on customer orders and adjusting raw material procurement accordingly[52] - The company has established a supplier evaluation system to optimize its supplier structure based on quality, price, and delivery time[51] Shareholder Relations - The company has established a cash dividend policy, committing to distribute at least 10% of the annual distributable profit in cash dividends when profitable[195] - The company will actively communicate with shareholders, especially minority shareholders, regarding the profit distribution plan[198] - The company has a total of 1,743 employees, with 696 in the parent company and 1,047 in major subsidiaries[191] Management and Personnel - The company has appointed new senior management personnel, including the new financial head, Zhong Weiyi, who started on November 4, 2021[163] - The company has seen changes in its board, with several members leaving due to term expiration or personal reasons[177] - The company has a total of 797.97 million yuan in remuneration for directors and supervisors[176] Future Outlook - The company provided guidance for Q4 2023, expecting revenue to be between $1.6 billion and $1.7 billion, indicating a potential growth of 10% to 13%[169] - The company plans to invest 100 million yuan in R&D for innovative technologies aimed at improving production efficiency[167] - The management team emphasized the importance of sustainability initiatives, aiming for a 50% reduction in carbon emissions by 2025[167]

Financial Performance - The company's operating revenue for Q3 2021 was ¥469,145,994.28, a decrease of 8.41% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥40,753,993.04, down 18.08% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥33,488,375.56, a decrease of 30.48% compared to the same period last year[5]. - Total revenue for the first three quarters of 2021 reached ¥1,975,344,670.73, a significant increase from ¥1,318,510,287.26 in the same period of 2020, representing a growth of approximately 49.9%[23]. - Operating profit for the third quarter was ¥198,923,388.85, compared to ¥167,724,260.53 in the previous year, indicating an increase of about 18.6%[24]. - Net profit for the third quarter amounted to ¥183,206,201.56, up from ¥138,920,197.51 in the same quarter of 2020, reflecting a growth of approximately 32%[24]. - The total comprehensive income for the period was CNY 183,206,201.56, compared to CNY 138,920,197.51 in the previous period, representing an increase of approximately 32%[25]. - Basic and diluted earnings per share were both CNY 1.08, up from CNY 0.89 in the same period last year, indicating a growth of 21.35%[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,264,377,304.67, an increase of 75.16% compared to the end of the previous year[6]. - Total assets as of the end of the third quarter were ¥7,264,377,304.67, compared to ¥4,147,341,774.36 at the end of the same period last year, marking an increase of about 75.5%[21]. - Total liabilities increased to ¥3,793,372,128.06 from ¥2,399,446,245.65, representing a growth of approximately 58.2%[20]. - The total equity attributable to shareholders increased to ¥3,142,119,817.93 from ¥1,747,895,528.71, reflecting a growth of approximately 79.9%[21]. Cash Flow - The company reported a net cash flow from operating activities of -¥263,076,280.86 for the year-to-date period[6]. - Cash inflow from operating activities totaled CNY 1,020,347,997.84, significantly higher than CNY 530,149,095.11 in the previous year, marking an increase of 92.5%[28]. - Cash outflow from operating activities was CNY 1,283,424,278.70, compared to CNY 1,030,724,321.60 in the previous year, resulting in a net cash flow from operating activities of CNY -263,076,280.86[28]. - Cash flow from investing activities showed a net outflow of CNY -1,007,489,447.50, compared to CNY -394,495,380.32 in the previous year, indicating increased investment activity[30]. - Cash flow from financing activities generated a net inflow of CNY 1,569,615,925.11, up from CNY 940,072,826.47 in the previous year, reflecting a growth of 67%[30]. - The ending balance of cash and cash equivalents was CNY 557,225,422.58, compared to CNY 220,286,032.10 at the end of the previous year, representing an increase of 153%[30]. - The company received CNY 1,302,310,047.91 from investment activities, which is a significant increase from CNY 661,339,536.00 in the previous year[30]. - The company reported a tax refund of CNY 26,293,780.28, compared to CNY 9,524,798.20 in the previous year, indicating improved cash flow management[28]. - The company’s total cash inflow from financing activities was CNY 2,509,973,962.22, compared to CNY 1,653,970,229.53 in the previous year, showing a growth of 51.7%[30]. Shareholder Information - The equity attributable to shareholders at the end of the reporting period was ¥3,142,119,817.93, up 79.77% from the end of the previous year[6]. - The top shareholder, Zhangjiagang Guanda Investment Holdings Co., Ltd., holds 20.91% of the shares, totaling 44,800,000 shares[14]. - Xu Weiming, a significant shareholder, owns 12,050,000 shares, representing 5.6% of the total shares[14]. - The company has a total of 8,009 common stock shareholders at the end of the reporting period[13]. - The total number of shares held by the top 10 shareholders accounts for a significant portion of the company's equity, indicating concentrated ownership[14]. - The company has not reported any restrictions on the shares held by the top shareholders, suggesting liquidity in the market[14]. Research and Development - Research and development expenses for Q3 2021 totaled ¥12,590,497.20, a decrease of 42.57% compared to the same period last year[6]. - Research and development expenses for the first three quarters were ¥67,869,885.77, up from ¥47,544,231.67 in the same period of 2020, indicating a growth of approximately 42.7%[23]. Future Outlook - The company expects to increase its production capacity and sales scale, contributing to revenue growth in the future[11]. - The company plans to invest ¥220,000,000.00 in a precision component project aimed at high-end equipment manufacturing, which is expected to enhance market share and competitiveness[15]. - The company is focusing on expanding its market presence in the wind power and rail transportation sectors through the new precision component project[15].