2022 年第三季度报告 证券代码：688285 证券简称：高铁电气 中铁高铁电气装备股份有限公司 2022 年第三季度报告 一、 主要财务数据 (一)主要会计数据和财务指标 1 / 13 单位：元 币种：人民币 项目 本报告期 本报告期比 上年同期增 减变动幅度 (%) 年初至报告期末 年初至报告期 末比上年同期 增减变动幅度 (%) 营业收入 237,878,923.20 -18.80% 874,592,351.75 -20.40% 归属于上市公司股东的 净利润 18,416,527.29 -8.00% 75,530,912.92 -25.44% 归属于上市公司股东的 扣除非经常性损益的净 利润 17,847,823.40 -3.76% 69,798,570.33 -25.56% 经营活动产生的现金流 量净额 不适用 不适用 -73,916,913.97 25.35% 基本每股收益（元/股） 0.0514 -6.09% 0.2091 -25.09% 2022 年第三季度报告 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 ...

Financial Performance - Basic earnings per share for the first half of 2022 was CNY 0.1518, a decrease of 47.31% compared to CNY 0.2881 in the same period last year[19] - Diluted earnings per share for the first half of 2022 was also CNY 0.1518, reflecting the same 47.31% decrease[19] - The weighted average return on net assets decreased to 3.94% from 10.93%, a reduction of 6.99 percentage points[19] - The company's operating revenue for the first half of the year was approximately ¥636.71 million, a decrease of 20.98% compared to the same period last year[20] - Net profit attributable to shareholders was approximately ¥57.11 million, down 29.74% year-on-year[20] - The net cash flow from operating activities was negative at approximately ¥129.46 million, a decline of 403.01% compared to the previous year[20] - The company's total assets decreased by 0.65% to approximately ¥3.03 billion compared to the end of the previous year[20] - The gross profit margin for the main business was 21.79%, down from 22.27% in the previous period[59] - The company reported a net profit margin decline due to reduced revenue and increased costs, impacting overall profitability[163] - The total profit for the first half of 2022 was ¥70,632,350.66, a decline of 26.2% from ¥95,802,353.61 in the previous year[167] Research and Development - Research and development expenditure accounted for 4.73% of operating income, an increase of 1.02 percentage points compared to 3.71% in the previous year[19] - The total R&D expenditure for the current period is ¥30,136,498.20, representing a 0.75% increase compared to ¥29,913,553.74 in the same period last year[35] - The company has conducted a total of 60 research projects, with 28 patents applied for and 14 patents granted during the reporting period[25][27] - The company applied for a total of 29 new patents during the reporting period, with 15 patents granted, bringing the cumulative total to 469 applications and 232 granted patents[33] - The company has made significant advancements in core technology, with new products developed in the rail transportation equipment sector[24][25] - The company is focusing on the research and development of new technologies, including a new type of contact rail insulation support, which has been authorized and is expected to enhance operational efficiency[31] Market and Product Development - The company is a leading player in the railway and transportation equipment manufacturing industry, focusing on electrified railway contact network products and urban rail transit power supply equipment[23] - The company launched several new products, including a new type of contact rail with a revenue of 2,876,229.0 million, which represents a 6.5% increase from the previous year[30] - The company has been involved in the development of industry standards for electrified railways, which were published and implemented in 2022[32] - The company has expanded its market presence by participating in the formulation of various technical standards for urban rail transit systems[32] - The company is actively pursuing market expansion through strategic partnerships and collaborations in the electrification sector[32] - The company plans to continue focusing on market expansion and new product development to drive future growth[167] Financial Management - The company received government subsidies amounting to approximately ¥5.57 million, which positively impacted the net profit[22] - The company's financial expenses decreased by 92.21% due to optimized financing structure[62] - The company is focusing on accelerating project recognition and settlement procedures to shorten payment cycles[58] - The company plans to use up to RMB 470 million of temporarily idle raised funds for cash management, with a usage period not exceeding 12 months[126] - The company has completed the replacement of self-raised funds used for investment projects and issuance costs, totaling 21,031,000.00 CNY[125] Environmental and Social Responsibility - The company has implemented a zero discharge system for wastewater in its technology industrial park, which includes pre-treatment and low-temperature heat pump evaporation[86] - The company is gradually replacing high-pollution energy sources with low-pollution alternatives, such as using natural gas instead of coal, to reduce greenhouse gas emissions[86] - The company has made investments in environmental protection equipment to manage waste gas and reduce emissions effectively[85] - The company encourages employees to propose reasonable suggestions for energy conservation and emissions reduction, rewarding those with feasible ideas[86] - The company has actively engaged in energy-saving campaigns and activities to raise awareness among employees regarding energy conservation[86] Shareholder and Corporate Governance - The company held a total of 2 shareholder meetings during the reporting period, with all resolutions passed and no resolutions rejected[73] - The company appointed new directors and supervisors, including Lin Xiaojin and Liu Hao, while Zhao Gehong and Pang Jie resigned from their positions[74][75] - The company guarantees that its public offering and listing on the Sci-Tech Innovation Board will not involve any fraudulent issuance[94] - The company will ensure that any share reduction price does not fall below the issuance price of its A shares during the first two years post-lock-up[89] - The company will not transfer its shares until it has taken appropriate compensation measures[102] Future Outlook - Future guidance suggests a cautious outlook due to market volatility but aims for a revenue growth target of 5% for the next quarter[182] - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product portfolio[182] - The future outlook remains positive, with performance guidance indicating continued revenue growth in the upcoming quarters[185] - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[182]

Financial Performance - The company's operating revenue for Q1 2022 was ¥263,340,797.83, representing a decrease of 12.46% compared to the same period last year[5] - The net profit attributable to shareholders was ¥21,616,990.33, down 36.16% year-on-year[5] - The basic earnings per share decreased by 50% to ¥0.06, while diluted earnings per share also decreased by 50% to ¥0.06[6] - Total operating revenue for Q1 2022 was ¥263,340,797.83, a decrease of 12.43% from ¥300,828,580.46 in Q1 2021[18] - Net profit for Q1 2022 was ¥22,627,849.85, a decline of 35.73% compared to ¥35,163,881.48 in Q1 2021[19] - Earnings per share for Q1 2022 was ¥0.06, down from ¥0.12 in Q1 2021[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥178,042,267.07, indicating a significant cash outflow[5] - Cash flow from operating activities for Q1 2022 was negative at -¥178,042,267.07, compared to -¥61,667,401.05 in Q1 2021[20] - The net increase in cash and cash equivalents was -$228,487,010.31, compared to -$82,008,226.34 in the previous year, reflecting a significant decrease in liquidity[21] - The ending balance of cash and cash equivalents was $647,613,462.92, down from $876,100,473.23 at the beginning of the period[21] - The company reported a significant increase in cash outflows for financing activities, with debt repayment totaling $23,991,262.02 compared to $43,750,000.00 in the previous year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,934,966,355.43, a decrease of 3.80% from the end of the previous year[6] - The total current assets amounted to ¥2,284,241,142.60, a decrease from ¥2,419,186,514.63 as of December 31, 2021, representing a decline of approximately 5.6%[13] - The total liabilities as of Q1 2022 were ¥1,418,574,479.70, a decrease of 8.96% from ¥1,557,908,439.33 in Q1 2021[18] - The company’s total liabilities decreased to ¥1,090,000,000.00 from ¥1,200,000,000.00, reflecting a reduction of about 9.2%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,919[10] - The largest shareholder, China Railway Electric Equipment Co., Ltd., held 71.40% of the shares, totaling 268,681,583 shares[10] Research and Development - Research and development expenses totaled ¥12,778,548.61, accounting for 4.85% of operating revenue, an increase of 0.79 percentage points[6] - Research and development expenses for Q1 2022 were ¥12,778,548.61, slightly up from ¥12,207,333.69 in Q1 2021[18] - The company has not provided any new product or technology development updates in this report[12] Market Conditions - The decline in net profit was attributed to the resurgence of COVID-19 and strict local pandemic control policies affecting marketing personnel's ability to engage with customers[8] Financial Management - The company’s financial management team is led by Zhang Changyu, with Wang Xuce responsible for accounting operations, ensuring oversight and compliance[21]

Financial Performance - The company's operating revenue for 2021 was approximately CNY 1.415 billion, representing a 4.46% increase compared to 2020 [24]. - Net profit attributable to shareholders decreased by 11.10% to approximately CNY 141 million in 2021 [24]. - The cash flow from operating activities showed a significant decline of 27.44%, totaling approximately CNY 66 million [24]. - The total assets increased by 42.74% year-on-year, reaching approximately CNY 3.051 billion by the end of 2021 [24]. - The company's net assets attributable to shareholders surged by 110.20% to approximately CNY 1.479 billion at the end of 2021 [24]. - Basic earnings per share decreased by 15.78% to CNY 0.474 per share in 2021 [25]. - The company reported a quarterly revenue of approximately CNY 505 million in Q2 2021, the highest among the quarters [27]. - The company achieved operating revenue of CNY 1,415,012,243.96, an increase of CNY 60,433,112.85, representing a growth of 4.49% compared to the previous year [33]. - The company reported a revenue of 6.01 million in 2021, compared to 4.20 million in 2020, reflecting a growth of approximately 43% [60]. - The company reported a total sales revenue of 128,851.15 million RMB, with the top five customers accounting for 92.09% of total sales [104]. Research and Development - Research and development expenses accounted for 4.06% of operating revenue, showing a slight increase from 3.96% in 2020 [25]. - A total of 59 research projects were conducted in 2021, with 43 patent applications filed and 47 patents granted, including 2 invention patents [34]. - The company has applied for 43 new patents in 2021, including 11 invention patents, further strengthening its technological foundation and market position [55]. - The company achieved a total R&D expenditure of ¥57,455,162.99 in 2021, representing a 7.24% increase from ¥53,577,685.25 in 2020 [66]. - The company completed 59 research projects, with 7 evaluated at the company level and 6 by the China Railway Electrification Bureau, enhancing its technological competitiveness [75]. - The company is focusing on R&D for new technologies, including a fatigue-resistant device for overhead line systems, which is expected to improve operational efficiency [60]. - The company has developed five patents related to the electrical railway contact network components, enhancing its technological capabilities [68]. Market Expansion and Strategy - The company plans to expand its market presence by introducing new products, including a flexible contact network system and a low-clearance adjustable suspension line clamp [60]. - The company aims to achieve breakthroughs in key core technologies to enhance its market competitiveness and support high-quality development in the electrified railway and urban rail transit equipment sectors [41]. - The company is focusing on diversifying its market presence beyond the railway sector to mitigate risks associated with policy changes in the industry [88]. - The company anticipates continued investment from the government in urban rail transit, which will further drive the demand for its products and services [49]. - The company plans to enhance its manufacturing and information technology capabilities through smart upgrades and increased R&D investment, aiming to solidify its leading position in the industry [53]. - The company is actively pursuing new strategies to optimize its supply chain and reduce operational costs [60]. - The company is exploring potential mergers and acquisitions to further strengthen its market position and expand its technological capabilities [61]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from Da Xin Certified Public Accountants [5]. - The company has established a modern corporate governance structure, including a board of directors and independent directors to protect minority shareholders' interests [180]. - The company has implemented a performance assessment management method for managerial staff to align compensation with operational performance [170]. - The internal control system has been improved, with no significant defects reported during the reporting period [177]. - The company has established a scientific evaluation mechanism for senior management, linking performance with compensation to enhance governance [176]. - The company has implemented measures to manage high customer concentration risks, primarily by expanding its product offerings and market reach [83]. Environmental and Social Responsibility - The company emphasizes ESG work, focusing on environmental protection and employee rights, and has implemented various health and safety measures [179]. - The company has developed a zero wastewater discharge system and a VOCs catalytic combustion system to enhance its carbon reduction efforts [190]. - The company has invested in pollution control equipment to achieve energy-saving and emission reduction effects in its industrial park [191]. - The company effectively manages waste and pollution, ensuring compliance with national standards for emissions [186]. - The company has not faced any administrative penalties related to environmental issues during the reporting period [183]. Human Resources and Talent Management - The company has established a salary system linked to economic performance and labor productivity, focusing on attracting and retaining core talent [170]. - The training plan covers all employees and includes both internal and external training methods to enhance skills and management levels [171]. - The number of R&D personnel decreased from 134 to 130, representing 13.22% of the total workforce, down from 13.32% [74]. - The total compensation for R&D personnel increased to 2,461.55 million RMB, up from 2,163.47 million RMB, with an average salary rise to 18.94 million RMB from 16.15 million RMB [74]. Product Development and Innovation - The company has introduced new products, including a 200 km/h rigid suspension system, aimed at enhancing its product offerings in the electrical equipment sector [62]. - The company achieved a patent for a noise reduction function in urban rail transit systems, which is expected to enhance its competitive edge in the market [60]. - The company is focusing on improving its production standards and quality control measures to ensure high safety and reliability of its products [132]. - The company has established collaborations with leading universities and research institutions to foster innovation and technological advancements [62]. Financial Policies and Shareholder Returns - The company plans to distribute a cash dividend of 0.94 RMB per 10 shares, totaling approximately 35.37 million RMB, which accounts for 25.05% of the net profit attributable to the parent company for the year [5]. - The cash dividend policy complies with the company's articles of association and has clear standards and proportions [174]. - The company has established a profit distribution policy to ensure stable returns for shareholders, with a clear plan for the next three years [195].