东吴证券股份有限公司 关于江苏北人智能制造科技股份有限公司 2023 年半年度持续督导跟踪报告 根据《证券发行上市保荐业务管理办法》《上海证券交易所科创板股票上市 规则》等有关法律、法规的规定，东吴证券股份有限公司（以下简称"保荐机构"） 作为江苏北人智能制造科技股份有限公司（以下简称"江苏北人"或"公司"） 持续督导工作的保荐机构，负责江苏北人上市后的持续督导工作，并出具 2023 年半年度持续督导跟踪报告。 | 序号 | 工作内容 | 持续督导情况 | | --- | --- | --- | | 1 | 建立健全并有效执行持续督导工作制度，并针对 | 保荐机构已建立并有效执行了持续督导 | | | 具体的持续督导工作制定相应的工作计划 | 制度，并制定了相应的工作计划 | | | 根据中国证监会相关规定，在持续督导工作开始 | 保荐机构已与江苏北人签订《保荐协 | | 2 | 前，与上市公司或相关当事人签署持续督导协 | 议》，该协议明确了双方在持续督导期 | | | 议，明确双方在持续督导期间的权利义务，并报 | 间的权利和义务，并报上海证券交易所 | | | 上海证券交易所备案 | 备案 | | | ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2023, representing a year-on-year increase of 15%[11]. - The net profit attributable to shareholders for the same period was RMB 80 million, up 20% compared to the previous year[11]. - The company's revenue for the first half of 2023 reached CNY 397.77 million, a significant increase of 172.13% compared to CNY 146.17 million in the same period last year[16]. - The net profit attributable to shareholders for the first half of 2023 was CNY 31.22 million, a turnaround from a loss of CNY 7.89 million in the previous year[18]. - The basic earnings per share for the first half of 2023 was CNY 0.27, compared to a loss of CNY 0.07 per share in the same period last year[17]. - Future guidance estimates a revenue growth of 20% for the second half of 2023, driven by increased demand in the manufacturing sector[11]. - The company achieved a total R&D investment of ¥19,841,709.57, representing a 15.70% increase compared to the previous year’s ¥17,149,053.92[75]. - The company reported a total revenue of 6,095.70 million, with a net profit of 1,940.65 million, reflecting a profit margin of approximately 31.9%[143]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2024[11]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[11]. - The company is actively expanding its market presence in the energy storage sector, aiming to leverage its existing technology and experience in smart manufacturing[98]. - The company is focusing on expanding its market presence through new product development and technological innovations[72]. - The company is expanding into the electrochemical energy storage business, focusing on both large-scale and commercial energy storage systems, with a comprehensive approach from product design to asset operation[37]. Research and Development - The company has allocated RMB 50 million for research and development in new technologies, focusing on automation and AI integration[11]. - Research and development expenses amounted to CNY 19.84 million, with a decrease in the ratio of R&D expenses to revenue from 11.73% to 4.99%[19]. - The company has developed new standards for the welding manufacturing of aluminum alloy battery trays, which were approved and implemented in June 2022, contributing to the healthy development of the industry[55]. - The company has developed advanced core technologies in areas such as IoT system software, 2D/3D vision systems, and intelligent robotic welding, positioning itself as a leader in the industry[66]. - The company is focusing on continuous R&D in areas such as IoT systems, 2D/3D vision systems, and laser technology applications[109]. Operational Efficiency and Technology - The company has completed the development of its core production management information system, BR-MES, enhancing digital and intelligent management across production processes[35]. - The company has established a dedicated new energy division to support clients in expanding their product processes, thereby increasing product value[28]. - The company has implemented a "make-to-order" production model in its energy storage sector, aligning production with sales forecasts[43]. - The company has established a new structure with an intelligent equipment segment and a new energy segment to enhance operational efficiency[108]. - The company is focusing on the development of flexible, automated, and intelligent production lines for automotive components, aiming to enhance its service offerings[94]. Customer and Market Dynamics - User data indicates a growth in active users by 25%, reaching a total of 1.5 million users by June 30, 2023[11]. - The top five customers contributed ¥27,083.61 million to sales, accounting for approximately 68.09% of total revenue, indicating a high customer concentration risk[123]. - Over 90% of the company's current orders are from the new energy vehicle sector, making it the primary source of revenue[106]. - The company has established long-term partnerships with major clients in the automotive and new energy sectors, including Ningde Times and BMW[88]. Environmental and Sustainability Initiatives - The company has reported that the environmental protection measures are in place, with a focus on reducing pollution and adhering to monitoring standards[157]. - The company has adopted advanced intelligent manufacturing technology to optimize resource allocation and reduce carbon emissions during production[158]. - The company is actively promoting energy conservation and resource-saving practices among employees to further reduce carbon emissions[158]. - The company continues to focus on sustainable practices and fulfilling its environmental responsibilities[157]. Shareholder and Governance Matters - The company has not proposed any profit distribution or capital reserve increase for the current period, focusing instead on reinvestment strategies[150]. - The company has commitments related to share restrictions for key executives, with a lock-up period of 6 months post-termination and a maximum of 25% share transfer per year during their tenure[161]. - The company has a commitment to maintain transparency in share transfers and adhere to legal regulations governing executive shareholding[163]. - The company will ensure that any share reduction will not occur at a price lower than the IPO price, adjusted for any corporate actions such as dividends or stock splits[170]. - The company has made commitments to ensure that all major stakeholders comply with share transfer regulations during their tenure and after leaving the company[164].

证券代码：688218 证券简称：江苏北人 公告编号：2023-047 本次业绩说明会将于 2023 年 9 月 15 日（星期五） 上午 10:00-11:30 在同 花顺路演平台（网址：https://board.10jqka.com.cn/ir）以网络互动形式召开。 江苏北人智能制造科技股份有限公司 关于召开 2023 年半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 9 月 14 日（星期四）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 8 月 31 日发布公司 2023 年半年度报告，为便于广大投资者更全面深入地了解公司 2023 年半年度经营成果和财务状况，公司计划于 2023 年 9 月 15 日（星期五） 上午 10:00-11:30 举行 2023 年半年度业绩说明会 ...

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]