证券代码：688218 证券简称：江苏北人 公告编号：2023-032 江苏北人智能制造科技股份有限公司 关于召开 2022 年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： 投资者可于 2023 年 5 月 29 日（星期一）16:00 前将有关问题通过电子邮 件的形式发送至公司邮箱 ir@beiren-tech.com，公司将在业绩说明会上对投资 者普遍关注的问题进行回答。 江苏北人智能制造科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 29 日发布公司 2022 年年度报告，为便于广大投资者更全面深入地了解公司 2022 年年度经营成果、财务状况，公司计划于 2023 年 5 月 30 日（星期二）上午 10:00- 11:30 举行 2022 年年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年年度的经营成 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 ...

Financial Performance - The company achieved total operating revenue of 737.98 million yuan in 2022, representing a year-on-year growth of 25.63%[36]. - The net profit attributable to shareholders was 31.84 million yuan, an increase of 46.26% compared to the previous year[36]. - The gross profit margin for the main business in 2022 was 15.58%, slightly down from 16.67% in 2021, indicating stable and healthy development despite external challenges[23]. - The basic earnings per share for 2022 was CNY 0.27, a 42.11% increase year-on-year, while diluted earnings per share also stood at CNY 0.27, reflecting the rise in net profit attributable to shareholders[24]. - The company reported a significant increase in government subsidies compared to the previous year, contributing positively to its financial performance[23]. - The revenue from welding industrial robot systems reached 658.85 million yuan, an increase of 32.76% year-on-year, accounting for 89.50% of the company's main business income, with a gross margin decrease of 2.11 percentage points[143]. - The automotive sector generated revenue of CNY 677.42 million, a 29.07% increase, driven by growth in new energy vehicle-related business[142]. Research and Development - Research and development expenses increased by 33.35% compared to the previous year, with R&D investment accounting for 4.78% of operating revenue[23][22]. - The company applied for 22 intellectual property rights during the reporting period, including 9 invention patents and 11 utility model patents[45]. - The company has accumulated a total of 125 authorized intellectual properties, including 21 invention patents and 69 utility model patents[98]. - The company is focused on building smart factories to accelerate the application and promotion of robot system integration in the manufacturing sector[92]. - The company is committed to continuous innovation and has achieved substantial breakthroughs in product and technology development during the reporting period[98]. - The company has invested a total of CNY 8,872.00 million in various R&D projects, with CNY 3,525.19 million spent in the current period[107]. - The company is leveraging machine vision and laser control technologies to enhance the efficiency and quality of its welding systems[106]. Market Trends and Strategy - The rapid growth in the new energy vehicle market was a key driver, with China's production and sales of new energy vehicles reaching 7.058 million and 6.887 million units, respectively, in 2022, marking year-on-year growth of 96.9% and 93.4%[37]. - The company is strategically positioning itself in the new energy vehicle sector to counteract the declining sales in the traditional automotive market[132]. - The company plans to expand into the energy storage market, targeting a scale of over 30 million kilowatts by 2025, as part of its strategic growth initiatives[180]. - The company aims to enhance its competitive edge by developing core technologies and high-end products in the robotics industry by 2025[168]. - The company is actively expanding its market presence beyond the Yangtze River Delta, with a new facility in Shenyang to optimize capacity and talent structure[130]. Corporate Governance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - There are no violations of decision-making procedures regarding external guarantees reported[9]. - The company has not experienced any situations where more than half of the board members could not guarantee the authenticity, accuracy, and completeness of the annual report[9]. - The company adheres to strict information disclosure practices, ensuring accurate and timely communication with investors, and maintaining transparency in investor relations activities[196]. - The company held one annual general meeting during the reporting period, which was witnessed by a law firm[200]. Operational Efficiency - The company experienced a decline in cash flow from operating activities, with a net cash flow of CNY 55.01 million, down 5.93% from 2021[20]. - The company plans to enhance contract management and project management to mitigate accounts receivable collection risks[135]. - The company will closely monitor macroeconomic policy changes and take proactive measures to avoid adverse impacts from market environment changes[134]. - The company has established a flexible talent introduction mechanism to attract high-level professionals and enhance its technical team[119]. Risks and Challenges - The company is facing risks from intensified market competition in the industrial robot integration sector, necessitating ongoing optimization of its business operations[127]. - The company has reported a significant reliance on the automotive parts industry, which is subject to regional market fluctuations and potential demand changes[130]. - The company faces challenges in smart manufacturing, including reliance on imported core technologies and a lack of skilled professionals to drive digital transformation[177].

Financial Performance - The company's operating revenue for Q1 2023 reached ¥112,213,308.97, representing a 117.60% increase compared to ¥51,568,000.94 in the same period last year[5]. - The net profit attributable to shareholders was ¥605,245.41, while the net profit after deducting non-recurring gains and losses was -¥2,844,100.11[5]. - Net profit for Q1 2023 was ¥629,073.77, a turnaround from a net loss of ¥5,397,053.94 in Q1 2022[24]. - Earnings per share for Q1 2023 were ¥0.01, compared to a loss of ¥0.04 per share in Q1 2022[24]. Cash Flow - The company's cash flow from operating activities was -¥88,891,676.39, indicating a negative cash flow situation[6]. - The net cash flow from operating activities for Q1 2023 was -88,891,676.39 RMB, a significant decrease compared to -5,789,792.15 RMB in Q1 2022, indicating a decline in sales collections[12]. - The net cash flow from investing activities was 90,796,153.42 RMB in Q1 2023, a recovery from -39,185,695.79 RMB in Q1 2022, primarily due to the redemption of large bank wealth management products[12]. - The net cash flow from financing activities increased by 204.23% to 16,063,658.33 RMB in Q1 2023, up from 5,280,171.95 RMB in Q1 2022, mainly due to increased bank borrowings[12]. Assets and Liabilities - Total assets decreased by 2.67% to ¥1,622,746,338.18 from ¥1,667,177,350.41 at the end of the previous year[6]. - The company's total liabilities decreased significantly, with other payables dropping by 62.45% to ¥11,705,418.92[10]. - Total liabilities decreased to ¥750,115,200.47 in Q1 2023 from ¥795,928,804.83 in Q1 2022, a reduction of about 5.76%[19]. - The company's cash and cash equivalents increased, with short-term borrowings rising to ¥140,886,897.89 from ¥118,422,955.67, indicating a 19% increase[19]. Research and Development - Research and development expenses totaled ¥14,554,503.84, which is a 53.23% increase from ¥9,498,479.06 in the previous year, accounting for 12.97% of operating revenue[6][11]. - Research and development expenses for Q1 2023 were ¥14,554,503.84, up from ¥9,498,479.06 in Q1 2022, marking a 53% increase[23]. Investment Income - The company reported a significant increase in investment income, which rose by 54.09% to ¥3,893,314.78 due to large financial products maturing[11]. - The company reported an investment income of ¥3,893,314.78 in Q1 2023, compared to ¥2,526,603.78 in Q1 2022, reflecting a 54% increase[23]. Shareholder Information - The company had a total of 9,546 common shareholders at the end of the reporting period[14]. - The largest shareholder, Zhu Zhenyou, holds 24,917,494 shares, representing 21.15% of the total shares[14]. Operational Costs - The company experienced a 106.67% increase in operating costs, amounting to ¥90,225,611.11, primarily due to improved project acceptance[11]. - Total operating costs for Q1 2023 were ¥115,402,891.73, up from ¥62,312,132.52 in Q1 2022, reflecting an 85% increase[23]. Other Financial Metrics - The company's basic and diluted earnings per share were both ¥0.01, showing improvement from -¥0.04 per share in the same period last year[6][8]. - The total equity attributable to shareholders increased to ¥863,391,041.17 in Q1 2023 from ¥862,032,277.40 in Q1 2022, a slight increase of 0.16%[19]. - The company reported no significant new strategies or product developments during the quarter[16].

2022 年第三季度报告 证券代码：688218 证券简称：江苏北人 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。 公司负责人朱振友、主管会计工作负责人唐雪元及会计机构负责人（会计主管人员）唐雪元 保证季度报告中财务信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 | 年初至报告期末 | 年初至报告 期末比上年 | | --- | --- | --- | --- | --- | | | | 期增减变 | | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 132,176,080.64 | -6.57 | 278,344,216.53 | -18.74 | | 归属于上市公司股东的 | ...

Financial Performance - The company reported a total revenue of RMB 128 million for the first half of 2022, reflecting a year-on-year increase of 15%[12]. - The company's revenue for the first half of 2022 was CNY 146.17 million, a decrease of 27.30% compared to the same period last year[19]. - The net profit attributable to shareholders was CNY -7.89 million, representing a decline of 214.50% year-on-year[19]. - The basic and diluted earnings per share were both CNY -0.067, a decrease of 213.56% year-on-year[20]. - The company's total assets increased by 11.09% to CNY 1.68 billion compared to the end of the previous year[17]. - The company's total assets reached RMB 1,684.91 million, an increase of 11.09% compared to the end of the previous year[79]. - The company achieved total operating revenue of RMB 146.17 million, a decrease of 27.30% year-on-year[79]. - The company's net profit attributable to shareholders for the first half of 2022 accounted for 30% of the total[137]. Research and Development - The company is investing RMB 10 million in R&D for new technologies aimed at enhancing automation capabilities[12]. - Research and development expenses accounted for 11.73% of revenue, up from 5.14% in the previous year, indicating increased investment in R&D[18]. - The total R&D investment reached approximately ¥17.15 million, a 65.81% increase from the previous year, with R&D expenses accounting for 11.73% of operating revenue[61]. - The company has 89 R&D personnel, accounting for 11.99% of the total workforce[83]. - The company has developed AI-based intelligent welding equipment for complex structures, achieving breakthroughs in technology and reducing reliance on imports[57]. - The company has initiated collaborative efforts with over 30 industry partners to establish welding manufacturing standards for aluminum battery trays, promoting industry-wide development[51]. Market Expansion and Strategy - Future outlook includes a projected revenue growth of 25% for the second half of 2022, driven by new product launches and market expansion strategies[12]. - Market expansion efforts include entering two new provinces, which are expected to contribute an additional RMB 15 million in revenue by the end of 2022[12]. - The company is actively expanding its market presence beyond the Yangtze River Delta, having established a new entity in Shenyang to leverage local advantages and enhance its competitive position[93]. - The company is focusing on developing production lines related to new energy vehicles, including battery tray production lines and motor assembly lines[81]. Operational Challenges - The company faced challenges due to strict pandemic controls affecting supply chains and project deliveries, leading to increased costs[19]. - The company acknowledges the ongoing uncertainty from the pandemic, which continues to impact supply chains and project execution, posing risks to revenue and operational stability[100]. - The company is monitoring inventory loss risks due to potential changes in customer project plans and rising costs, implementing measures to mitigate these impacts[101]. Risk Management - The company has identified key risks including supply chain disruptions and regulatory changes, which are detailed in the risk factors section of the report[12]. - The company faces risks related to the concentration of sales markets, primarily in the Yangtze River Delta region, particularly in Shanghai and Jiangsu, which could adversely affect performance if market potential is reached or demand changes significantly[93][94]. - The company is investing in R&D for new products while facing risks of potential failures or lower-than-expected sales due to market uncertainties and misjudgments of industry trends[90]. Shareholder and Governance - The company has a long-term commitment from major shareholders and actual controllers, which is still in effect[130]. - The company has established a lock-up period for shares held by certain stakeholders, which lasts for two years after the expiration of the initial lock-up[130]. - The company has committed to not transferring or managing its shares for 12 months post-IPO, and cannot propose a buyback of those shares during this period[132]. - The company will publicly announce any violations of commitments and apologize to shareholders and the public if it fails to fulfill its promises[146]. Investment and Financial Management - The company has approved the use of up to RMB 306 million of idle raised funds for cash management, with a term not exceeding 12 months[166]. - The company raised a total of RMB 509.34 million, with a net amount of RMB 433.24 million after deducting issuance costs[164]. - The company has not utilized any over-raised funds for permanent working capital or to repay bank loans[167]. - The company has not engaged in any illegal guarantees during the reporting period[155].

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%[12]. - The net profit attributable to shareholders for the same period was RMB 200 million, up 10% compared to the previous year[12]. - The company's revenue for the first half of 2022 was CNY 146.17 million, a decrease of 27.30% compared to the same period last year[19]. - The net profit attributable to shareholders was CNY -7.89 million, representing a decline of 214.50% year-on-year[19]. - The company's total assets increased by 11.09% to CNY 1.68 billion compared to the end of the previous year[17]. - The company's total assets reached RMB 1,684.91 million, an increase of 11.09% compared to the end of the previous year[79]. - The company achieved total operating revenue of RMB 146.17 million, a decrease of 27.30% year-on-year[79]. - The company's total liabilities rose to CNY 836,664,984.42 from CNY 649,266,219.32, indicating an increase of approximately 28.9%[192]. - The company's equity attributable to shareholders decreased to CNY 841,621,950.85 from CNY 861,830,158.80, a decline of 2.3%[192]. Research and Development - The company is investing RMB 100 million in R&D for new technologies, focusing on automation and AI integration[12]. - Research and development expenses accounted for 11.73% of revenue, up from 5.14% in the same period last year, indicating increased investment in R&D[18]. - The total R&D investment reached approximately ¥17.15 million, a 65.81% increase from the previous year, with R&D expenses accounting for 11.73% of operating revenue[61]. - The company has developed AI-based intelligent welding equipment for complex structures, achieving breakthroughs in technology and reducing reliance on imports[57]. - The company has made significant advancements in core technologies, including flexible automation production line design and industrial control systems, enhancing its competitive edge in the market[55]. 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[12]. - The company is focused on providing AI+ manufacturing solutions, particularly in the automotive sector, with a strong emphasis on new energy welding production lines[27]. - The company is actively involved in building digital workshops, including projects for aerospace and modern agricultural equipment, accumulating significant core technologies and engineering experience in digital workshop construction[36]. - The company is focusing on expanding its market presence beyond the Yangtze River Delta region to mitigate risks associated with market concentration[93]. - The company plans to allocate more resources to develop production lines related to new energy vehicles under the dual carbon policy[81]. Operational Efficiency - The company has implemented new strategies to improve operational efficiency, aiming for a 10% reduction in production costs by the end of 2022[12]. - The company is implementing measures to strengthen contract management and improve accounts receivable collection to reduce the risk of overdue payments[101]. - The company has restructured its business divisions from seven to five, aiming to enhance resource utilization and operational efficiency[82]. Intellectual Property - As of June 30, 2022, the company holds 19 authorized invention patents, 62 utility model patents, and 27 software copyrights, indicating a robust intellectual property portfolio[59]. - The company has established a non-standard production model based on customer orders, ensuring project management and design are tailored to specific client requirements[38]. - The company has filed 9 new patents and software copyrights during the reporting period, demonstrating its commitment to innovation[59]. Challenges and Risks - The management highlighted a risk factor related to supply chain disruptions, which could impact production timelines[12]. - The company faced challenges due to strict pandemic controls affecting supply chains and project deliveries, leading to increased costs[19]. - The company is facing increased competition in the automotive parts welding sector, necessitating continuous optimization of its business and product competitiveness[91]. Shareholder and Equity Management - The company has established a long-term incentive mechanism through a stock incentive plan to retain core employees[88]. - The company has committed to not transferring or entrusting shares held directly or indirectly for 36 months from the date of the initial public offering[127]. - The company has a long-term commitment from major shareholders and actual controllers, which is still in effect[128]. - The company will ensure compliance with all relevant laws and regulations during any share reduction process[138]. Future Guidance - Future guidance estimates a revenue growth of 18% for the full year 2022, projecting total revenue of RMB 2.5 billion[12]. - The company plans to expand its market presence and enhance its product offerings through the development of intelligent robots and AI application software[109]. - The company has a future shareholder return plan for the years 2022-2024, which was approved during the annual shareholder meeting[111].

Financial Performance - The company's operating revenue for Q1 2022 was ¥51,568,000.94, representing a decrease of 34.53% compared to the same period last year[5] - The net profit attributable to shareholders was -¥4,918,477.32, a decline of 238.11% year-over-year[5] - The basic and diluted earnings per share were both -¥0.04, reflecting a decrease of 233.33% from the previous year[6] - The net profit for Q1 2022 was a loss of ¥5,397,053.94, compared to a profit of ¥3,642,972.41 in Q1 2021, indicating a significant decline in profitability[24] - The total comprehensive income for Q1 2022 was -5,397,053.94 RMB, compared to 3,642,972.41 RMB in Q1 2021[25] Expenses and Costs - Research and development expenses totaled ¥9,498,479.06, an increase of 99.62% compared to the previous year, accounting for 18.42% of operating revenue, up by 12.38 percentage points[6] - The company experienced a 30.49% increase in management expenses, totaling ¥7,499,747.28, primarily due to increased employee compensation and incentive payments[10] - Total operating costs for Q1 2022 were ¥62,312,132.52, down from ¥75,823,741.73 in Q1 2021, reflecting a reduction of 17.8%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,600,765,753.03, a 5.54% increase from the end of the previous year[6] - Total liabilities for Q1 2022 were ¥736,393,282.19, compared to ¥649,266,219.32 in Q1 2021, reflecting an increase of 13.4%[20] - The company's total current liabilities reached ¥721,790,751.51 in Q1 2022, up from ¥636,201,873.59 in Q1 2021, indicating a rise of 13.4%[20] - The total owner's equity decreased to ¥864,372,470.84 in Q1 2022 from ¥867,483,687.63 in Q1 2021, a decline of 0.1%[20] Cash Flow - Cash flow from operating activities was -¥5,789,792.15, indicating an improvement compared to -¥39,907,667.02 in the same period last year[11] - Cash inflow from operating activities totaled 174,473,438.13 RMB, up from 121,323,243.56 RMB in Q1 2021, representing an increase of approximately 44%[26] - Cash outflow for operating activities was 180,263,230.28 RMB, compared to 161,230,910.58 RMB in Q1 2021, indicating a rise of about 12%[27] - The net cash flow from financing activities was 5,280,171.95 RMB, a recovery from -20,318,669.90 RMB in Q1 2021[27] Shareholder Information - The total number of common shareholders at the end of the reporting period was 6,650[13] - The largest shareholder, Zhu Zhenyou, holds 26,774,294 shares, representing 22.82% of the total shares[13] Inventory and Receivables - The company's inventory increased to CNY 584,209,275 from CNY 493,265,949 year-over-year[18] - The total receivables decreased to CNY 167,114,477 from CNY 195,507,285 year-over-year[18] Strategic Plans and Challenges - The company plans to enhance its production capacity and optimize personnel allocation to ensure timely delivery of customer orders[16] - The company aims to expand into new industries such as new energy and semiconductors through strategic partnerships and investments[16] - The company anticipates a negative impact on its annual performance due to the ongoing COVID-19 pandemic and related supply chain disruptions[15] - The company has committed to maintaining employee salaries and avoiding layoffs despite rising human resource costs[15] Investment Activities - The company reported a significant increase in cash inflow from investment activities, totaling 866,135,113.38 RMB, compared to 370,702,670.24 RMB in Q1 2021, marking an increase of approximately 134%[27] - The net cash flow from investment activities was -39,185,695.79 RMB, an improvement from -57,946,470.15 RMB in the previous year[27]

Financial Performance - The company plans to distribute a cash dividend of RMB 0.6 per 10 shares, totaling approximately RMB 7,040,400, which represents 32.34% of the net profit attributable to shareholders for the year 2021[5]. - The company has not achieved profitability since its listing, indicating ongoing investment and growth strategies[4]. - In 2021, the company's operating revenue reached CNY 587.43 million, an increase of 24.23% compared to the previous year[20]. - The net profit attributable to shareholders was CNY 21.77 million, a decrease of 26.30% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY 16.20 million, down 18.66%[22]. - The company's cash flow from operating activities was CNY 58.48 million, showing a slight increase of 2.43% from the previous year[20]. - The basic earnings per share for 2021 was CNY 0.19, a decline of 24.00% compared to the previous year, while diluted earnings per share was CNY 0.18, down 28.00%[23]. - The total assets of the company at the end of 2021 were CNY 1,516.75 million, an increase of 18.93% compared to the end of 2020[21]. - The company reported a significant inventory impairment provision of CNY 18.69 million due to project delays and increased costs[22]. - The company experienced a reduction in government subsidies compared to the previous year, impacting overall profitability[22]. - The company's operating cost for the reporting period was CNY 489.52 million, reflecting a 19.90% increase year-over-year[123]. - The company's gross profit margin for its main business was 16.67%, up by 3.01 percentage points from the previous year[125]. Research and Development - Research and development expenses accounted for 4.50% of operating revenue, an increase of 0.67 percentage points from the previous year[21]. - The company invested a total of 26.43 million yuan in R&D, maintaining a high level of investment[37]. - The company applied for 29 intellectual property rights, including 15 invention patents and 11 utility model patents during the reporting period[37]. - The company has enhanced its research and development capabilities, holding 18 authorized invention patents, 53 utility model patents, and 25 software copyrights as of December 31, 2021[69]. - The company achieved a total R&D investment of ¥26,434,770.30 in 2021, representing a 45.82% increase compared to ¥18,128,774.09 in the previous year[88]. - R&D investment accounted for 4.50% of total revenue, an increase of 0.67 percentage points from 3.83% in the previous year[88]. - The company is developing a laser precision welding technology project with a total investment of ¥1,000,000, of which ¥246,580 has been invested in the current period[91]. - The company is also working on a 2D/3D vision system project, with a total investment of ¥129,000 and ¥119,540 invested in the current period[91]. - The company has made significant advancements in AI-based intelligent robotic welding technology, achieving industry-leading capabilities[83]. Market and Industry Trends - Global sales of new energy vehicles reached approximately 6.37 million units in 2021, a year-on-year increase of 100%[32]. - The industrial robot system integration market is significantly larger than the robot body market, driven by high demand in sectors like automotive and electronics[60]. - The demand for industrial robots is expected to surge due to the rapid growth of the new infrastructure construction, particularly in areas like 5G, industrial internet, and electric vehicle charging stations[72]. - The trend towards "unmanned" solutions in manufacturing is driven by rising labor costs and the need for compliance with international regulations, leading to increased adoption of industrial robots[74]. - The integration of emerging technologies such as AI, big data, and 5G is enhancing the capabilities of industrial robots, particularly in smart manufacturing and welding equipment[77]. - The industrial robot market in China is expected to reach 58.9 billion yuan by 2023, up from 44.57 billion yuan in 2021, indicating significant growth[152]. - The production of new energy vehicles in China surged to 3.5449 million units in 2021, accounting for 13.36% of total vehicle production, with a compound annual growth rate of approximately 83.10% from 2011 to 2021[159]. Corporate Governance - The company has established a governance structure that complies with legal requirements, ensuring investor rights and promoting sustainable development[180]. - The company held two shareholder meetings during the reporting period, ensuring compliance with legal procedures and protecting the rights of all shareholders[181]. - The company ensured accurate and timely information disclosure, maintaining fairness for all shareholders, and established a dedicated department for investor relations activities[185]. - There were no incidents of insider trading or regulatory actions against the company related to insider information management during the reporting period[186]. - The company conducted 1 annual general meeting and 1 extraordinary general meeting, with all resolutions passed in accordance with legal and regulatory requirements[187]. Strategic Initiatives - The company plans to optimize its organizational structure by consolidating seven business units into five, aiming to enhance resource utilization and operational efficiency[36]. - The company is focusing on integrating 3D vision technology with industrial robots to provide cost-effective solutions for manufacturing and logistics[70]. - The company aims to double the density of robots in manufacturing by 2025, aligning with national strategies for high-end manufacturing and innovation[77]. - The company plans to focus on smart manufacturing, new energy vehicles, energy storage, and semiconductors over the next three years, enhancing R&D investment and exploring industry funds for expansion[168]. - The company will explore new sales models and enhance customer engagement to solidify its position in the automotive integration industry[173]. - The company plans to establish a talent development system to enhance the overall capability of its workforce, ensuring a steady supply of high-quality technical and management talent[177]. Challenges and Risks - The company has outlined potential risks in its management discussion and analysis section, urging investors to pay attention to these factors[4]. - The company faced challenges from overseas project disruptions due to the pandemic, leading to increased project costs and extended timelines[22]. - The company faces risks related to raw material supply and price fluctuations, which could significantly impact its operations[112]. - The company adjusted its market strategy to delay overseas expansion due to rising execution costs from ongoing pandemic impacts[128]. Employee and Management Information - The company has implemented a stock incentive plan to attract and retain talented employees, enhancing team cohesion and creativity[107]. - The total number of shares held by Chairman Zhu Zhenyou remained unchanged at 26,774,294 shares, with a pre-tax remuneration of 633,500 CNY[191]. - The company has a total of 12 directors and supervisors, with varying levels of shareholding and remuneration, indicating a diverse management structure[194].

Financial Performance - The company's operating revenue for Q3 2021 was ¥141,476,392.23, representing a year-on-year increase of 55.49%[5] - The net profit attributable to shareholders for Q3 2021 was ¥7,659,920.70, a significant increase of 219.79% 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 ¥5,026,292.58, with a year-to-date increase of 82.84%[5] - Total operating revenue for the first three quarters of 2021 reached ¥342,526,458.01, a significant increase from ¥262,436,604.82 in the same period of 2020, representing a growth of approximately 30.5%[21] - Net profit for the first three quarters of 2021 was ¥15,764,438.54, up from ¥11,106,788.76 in 2020, reflecting a growth of approximately 42.3%[23] - The company’s total comprehensive income for the first three quarters of 2021 was ¥15,764,438.54, compared to ¥11,106,788.76 in 2020, marking an increase of approximately 42.3%[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,414,356,315.68, reflecting a growth of 10.9% compared to the end of the previous year[6] - Total assets as of September 30, 2021, amounted to CNY 1,414,356,315.68, an increase from CNY 1,275,372,434.22 as of December 31, 2020, representing a growth of approximately 10.9%[17] - Current assets totaled CNY 1,175,175,628.50, compared to CNY 1,105,208,881.27 in the previous year, indicating an increase of about 6.3%[16] - Total liabilities reached CNY 557,254,759.51, up from CNY 426,841,666.43, marking an increase of around 30.5%[17] - Current liabilities rose to CNY 551,829,036.05, compared to CNY 424,010,013.63, which is an increase of about 30.2%[17] - The company's total liabilities and equity reached ¥1,414,356,315.68 as of the third quarter of 2021, compared to ¥1,275,372,434.22 in the previous year, indicating a growth of approximately 10.9%[18] Cash Flow - The cash flow from operating activities for the year-to-date period was negative at -¥30,921,562.36, a decrease of 220.81% compared to the previous year[6] - The company reported a net cash flow from operating activities of -¥30,921,562.36 for the first three quarters of 2021, a decline compared to a positive cash flow of ¥25,594,189.99 in the same period of 2020[26] - Cash inflow from financing activities was 111,568,221.21 RMB, while cash outflow was 148,360,016.74 RMB, resulting in a net cash flow of -36,791,795.53 RMB[27] - Total cash and cash equivalents at the end of the period amounted to 136,083,339.85 RMB, down from 257,566,363.86 RMB at the beginning of the period[27] Research and Development - Research and development expenses for Q3 2021 amounted to ¥7,542,827.85, an increase of 52.81% year-on-year[6] - Research and development expenses for the first three quarters of 2021 amounted to ¥17,885,495.73, compared to ¥14,801,068.23 in 2020, showing an increase of about 20.0%[23] Shareholder Information - The basic earnings per share for Q3 2021 were ¥0.07, up 250% from the same period last year[6] - The total number of ordinary shareholders at the end of the reporting period was 6,664[10] - The basic earnings per share for the first three quarters of 2021 remained stable at ¥0.12, consistent with the same period in 2020[24] - The company’s minority shareholders' profit for the first three quarters of 2021 was ¥1,216,445.53, a recovery from a loss of -¥2,510,823.34 in the same period of 2020[23] Inventory and Receivables - Inventory increased significantly to CNY 527,489,369.78 from CNY 295,320,904.68, reflecting a growth of approximately 78.6%[16] - The company reported accounts receivable of CNY 233,140,510.10, up from CNY 221,384,766.55, showing a growth of approximately 5.4%[16] Investments and Fixed Assets - The company’s long-term equity investments were valued at CNY 14,872,828.60, slightly down from CNY 15,423,159.65[16] - The company’s fixed assets decreased to CNY 60,536,943.22 from CNY 61,800,226.35, a decline of approximately 2.0%[16] - The company’s total non-current assets amounted to CNY 239,180,687.18, an increase from CNY 170,163,552.95, representing a growth of about 40.6%[16] - The company has invested 73,294,690.45 RMB in fixed assets, intangible assets, and other long-term assets during the period[27]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with total revenue reaching RMB 500 million, representing a 25% year-over-year growth[12]. - The net profit for the first half of 2021 was RMB 80 million, which is a 15% increase compared to the same period last year[12]. - The company's operating revenue for the first half of 2021 was ¥201,050,065.78, representing a 17.27% increase compared to ¥171,448,772.87 in the same period last year[19]. - The net profit attributable to shareholders of the listed company decreased by 38.62% to ¥6,888,072.31 from ¥11,222,282.44 in the previous year[19]. - The net cash flow from operating activities was negative at -¥36,855,805.81, a decline of 231.68% compared to ¥27,988,104.71 in the same period last year[22]. - The company's total assets increased by 9.17% to ¥1,392,308,092.18 from ¥1,275,372,434.22 at the end of the previous year[20]. - Basic earnings per share for the first half of 2021 were ¥0.059, down 38.5% from ¥0.096 in the same period last year[21]. - The total comprehensive income for the first half of 2021 was CNY 9,162,382.69, down from CNY 12,925,484.68 in the first half of 2020[190]. Research and Development - The company is investing RMB 50 million in R&D for new technologies, focusing on AI integration in manufacturing processes[12]. - The company's R&D expenditure accounted for 5.14% of operating revenue, a decrease of 0.61 percentage points compared to 5.75% in the previous year[21]. - The total R&D investment for the period was approximately ¥10.34 million, representing a 4.84% increase from the previous period, while the proportion of R&D investment to operating income decreased from 5.75% to 5.14%[57]. - The company has developed key technologies in five areas: flexible lean automation line design, advanced manufacturing process integration, virtual design and simulation, industrial control and information technology, and intelligent production process technology[51]. - The company has successfully mastered core technologies in machine vision, including 3D+2D visual detection and guidance, to address unordered loading scenarios in sheet metal processing[53]. - The company has developed a digital workshop for welding, integrating manufacturing information systems with physical systems to optimize production and establish automated production modes[34]. - Research and development expenses for the first half of 2021 were ¥10,342,667.88, slightly up from ¥9,864,861.92 in the same period last year, showing a commitment to innovation[184]. Market Expansion and Strategy - User data indicates that the company has expanded its customer base by 30%, now serving over 1,000 clients across various industries[12]. - The company plans to launch two new products in the second half of 2021, aiming to capture an additional 10% market share in the automation sector[12]. - Market expansion efforts include entering three new regional markets by the end of 2021, targeting a 15% increase in market penetration[12]. - The company is focusing on expanding into new markets, particularly in the fields of new energy vehicles and automation solutions, while also enhancing its existing automotive parts market[75]. - The company is actively pursuing strategies for market expansion and innovation in technology applications[106]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[122]. Sustainability and Corporate Responsibility - The management highlighted a commitment to sustainability, with plans to reduce carbon emissions by 25% by 2025 through improved operational efficiencies[12]. - The company is committed to environmental protection, focusing on reducing carbon emissions and promoting resource conservation among employees[112]. - The company emphasizes its role in supporting poverty alleviation and rural revitalization efforts in China[113]. - The company’s subsidiary received approval for an environmental impact report related to the production of automotive manufacturing automation equipment[110]. Risks and Challenges - No significant risks were identified that could materially impact the company's operations during the reporting period[3]. - The ongoing COVID-19 pandemic poses a risk to project timelines and customer contracts, which could adversely affect the company's performance[90]. - The company is facing risks related to market competition, particularly in the automotive parts welding sector, where the concentration of competitors is low[89]. - The company is actively working on new product development and has allocated resources to mitigate the risks associated with potential failures in this area[88]. Intellectual Property - During the reporting period, the company applied for 5 new patents, including 3 invention patents and 2 utility model patents, and obtained 7 new intellectual property rights, bringing the total to 98[55]. - The cumulative number of authorized invention patents reached 17, with a total of 49 utility model patents and 24 software copyrights as of June 30, 2021[55]. - The company has authorized a total of 17 invention patents, 49 utility model patents, and 24 software copyrights as of June 30, 2021, highlighting its commitment to intellectual property[84]. Management and Governance - The management team consists of over 400 professional technical R&D personnel, with significant industry experience[71]. - The company has established a comprehensive human resources development plan, including a stock incentive system to retain core employees and improve operational results[82]. - There was a change in management with the resignation of Wang Qing as Deputy General Manager and Board Secretary due to personal reasons[104]. - The company has implemented a stock incentive plan, resulting in a post-tax share-based payment expense of RMB 54.38 million during the reporting period[75]. Financial Position and Investments - The company's total assets reached RMB 139,230.81 million, an increase of 9.17% compared to the end of the previous year[74]. - The company has over RMB 80,000 million in hand orders, with more than RMB 70,000 million related to the automotive industry, accounting for over 85% of the total[75]. - The total amount of raised funds is approximately RMB 433.24 million, with RMB 47.98 million invested in the current year[157]. - The total amount of guarantees provided by the company, including those to subsidiaries, stands at RMB 14.2 million, which represents 1.68% of the company's net assets[153]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[147].