东兴证券股份有限公司 关于浙江和达科技股份有限公司 首次公开发行部分限售股上市流通公告的核查意见 东兴证券股份有限公司（以下简称"保荐机构"或"东兴证券"）作为浙江 和达科技股份有限公司（以下简称"和达科技"或"公司"）首次公开发行股票 并在科创板上市的保荐机构，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》《科创板上市公司持续监管办法（试行）》《上 海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》等有关法律法 规和规范性文件的要求，对和达科技首次公开发行部分限售股上市流通事项进行 了审核核查，核查情况及核查意见如下： 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2021 年 6 月 16 日出具的《关于同意浙江和 达科技股份有限公司首次公开发行股票注册的批复》（证监许可【2021】2050 号）， 同意公司首次公开发行股票的注册申请。公司首次向社会公众公开发行人民币普 通股（A 股）股票 26,848,290 股，并于 2021 年 7 月 27 日在上海证券交易所科创 板上市，发行完成后总股本为 107,393,160 股，其中有限售条件流通股 8 ...

证券代码：688296 证券简称：和达科技 公告编号：2024-040 浙江和达科技股份有限公司 首次公开发行部分限售股上市流通公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 本次股票上市类型为首发限售股份；股票认购方式为网下，上市股数为 47,355,622 股。 本次股票上市流通总数为 47,355,622 股。 本次股票上市流通日期为 2024 年 7 月 29 日（因非交易日顺延）。 本次解除限售的股东，将严格遵守《上市公司股东减持股份管理暂行办法》 《上海证券交易所上市公司自律监管指引第 15 号——股东及董事、监事、高级管 理人员减持股份》等法律法规以及其在首次公开发行股票中关于股份减持的承诺， 切实规范股份减持行为，保护中小投资者合法权益。 一、本次上市流通的限售股类型 根据中国证券监督管理委员会于 2021 年 6 月 16 日出具的《关于同意浙江和 达科技股份有限公司首次公开发行股票注册的批复》（证监许可〔2021〕2050 号）， 同意公司首次公开发行股票的注册申请。公司首次向社会 ...

证券代码：688296 证券简称：和达科技 公告编号：2024-039 浙江和达科技股份有限公司 关于变更公司职工代表监事的公告 本公司监事会及全体监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。 为保障公司监事会的规范运作，根据《中华人民共和国公司法》《上海证券 交易所科创板股票上市规则》《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》等法律法规、规范性文件以及《浙江和达科技股份有限公司 章程》等相关规定，公司于 2024 年 5 月 22 日召开 2024 年第一次职工代表大会， 选举曹燕娜女士为公司第四届监事会职工代表监事（简历详见附件），任期自本 次职工代表大会审议通过之日起至公司第四届监事会届满之日止。 特此公告。 浙江和达科技股份有限公司 2024 年 5 月 23 日 附件：简历 曹燕娜，女，1982 年出生，中国国籍，无境外永久居留权，国际会计专 业，大专学历。2005 年 8 月至今，历任公司仓库主管、行政专员、项管中心 营收专员、内审员。 截至本公告披露日，曹燕娜女士未直接持有公司股份。曹燕娜女士与公司 控股 ...

目 录 | 一、关于营业收入 …………………………………………………第 | 1—10 | 页 | | --- | --- | --- | | 二、关于参股公司嘉源和达………………………………………第 | 10—16 | 页 | | 三、关于应收账款及合同资产……………………………………第 | 16—23 | 页 | | 四、关于存货………………………………………………………第 | 23—26 | 页 | | 五、关于合同负债…………………………………………………第 | 26—31 | 页 | | 六、关于合资公司…………………………………………………第 | 31—36 | 页 | 问询函专项说明 天健函〔2024〕512 号 上海证券交易所： 由浙江和达科技股份有限公司（以下简称和达科技公司或公司）转来的《关 于对浙江和达科技股份有限公司 2023 年年度报告的信息披露监管问询函》（上证 科创公函〔2024〕0074 号，以下简称问询函）奉悉。我们已对问询函中需要我们 说明的财务事项进行了审慎核查，现汇报说明如下。 一、关于营业收入 年报显示，2023 年度，公司实现营业收入 34,305.18 万元，同比下 ...

Financial Performance - In 2023, the company's operating revenue was CNY 343.05 million, a decrease of 27.10% compared to CNY 470.58 million in 2022[23]. - The net profit attributable to shareholders was a loss of CNY 29.51 million, down 156.70% from a profit of CNY 52.04 million in 2022[23]. - The net cash flow from operating activities was CNY 36.79 million, an increase of CNY 69.17 million compared to the previous year[23]. - Basic earnings per share were CNY -0.27, a decline of 156.25% from CNY 0.48 in 2022[24]. - The weighted average return on equity decreased to -4.09%, down 11.23 percentage points from 7.14% in 2022[24]. - Research and development expenses accounted for 16.79% of operating revenue, an increase of 2.37 percentage points from 14.42% in 2022[24]. - The total assets at the end of 2023 were CNY 999.23 million, a slight increase of 1.35% from CNY 985.96 million at the end of 2022[23]. - The net assets attributable to shareholders decreased by 6.16% to CNY 698.35 million from CNY 744.18 million at the end of 2022[23]. - The company experienced a decline in gross profit margin due to decreased revenue and increased impairment losses[23]. Corporate Governance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[4]. - The board of directors and supervisory board members have confirmed the authenticity, accuracy, and completeness of the annual report[4]. - The annual report is subject to approval by the shareholders' meeting[5]. - The company has not reported any special arrangements for corporate governance[8]. - There are no non-operational fund occupations by controlling shareholders or related parties[7]. - The company has not violated decision-making procedures for external provisions[7]. Risk Management - The company has described potential risks in the report, which investors should be aware of[6]. - The future plans and development strategies mentioned in the report involve uncertainties and do not constitute a commitment to investors[6]. Technology and Innovation - The company reported a significant increase in user data management capabilities through IoT and big data technologies, enhancing decision-making and operational efficiency[14]. - The company is focusing on edge computing and cloud computing to improve service delivery and resource management, aiming for a more integrated system[14]. - The company is investing in new technologies such as NB-IoT and LoRa for better connectivity and data transmission in its operations[15]. - The company achieved a notable improvement in its data collection and analysis processes through the integration of various communication interfaces[14]. - The company is committed to maintaining high standards in software development, as evidenced by its CMMI L5 certification, which reflects its process maturity[15]. - The company is expanding its market presence by leveraging advanced technologies to enhance its product offerings and service capabilities[14]. - The company is actively pursuing new product development and technological advancements to stay competitive in the market[14]. - The company has established a robust data warehouse environment to support decision-making and online analytical applications[14]. - The company is enhancing its operational efficiency through the use of remote terminal units (RTUs) and wireless data terminals (DTUs) for better data management[14]. Product Development and Market Strategy - The company established a joint venture with Tongxiang Water Group for a smart water project with a contract value of 343.19 million yuan[41]. - The company launched the "Information Universe Smart Water Products" series, focusing on integrating resources in the water industry to provide comprehensive solutions[37]. - The company operates 7 subsidiaries focused on water industry algorithms, big data, cloud early warning, and AI research[45]. - The company's products include hardware, software, platforms, and services, covering the entire process from consulting to operation management[46]. - The smart water management platform integrates various business subsystems to achieve coordinated operations and data connectivity[47]. - The company aims to provide comprehensive solutions for water supply, drainage, and environmental management across the country[46]. - The company is focused on expanding its market presence in northern China through its subsidiary in Beijing[45]. - The company is committed to continuous innovation in its product offerings, including mobile applications and digital platforms[50]. Smart Water Management Solutions - The company has implemented a "smart leak control" model that integrates data and business processes, enhancing leak management from monitoring to evaluation[55]. - A full-process scheduling model has been established, utilizing machine learning and hydraulic models to optimize water supply management, ensuring stable pressure and reducing energy consumption[57]. - The company is focusing on enhancing flood disaster prevention capabilities by integrating monitoring, forecasting, and emergency response systems[59]. - The IoT platform collects comprehensive production data, facilitating refined management and decision support across all business segments[61]. - An online hydraulic modeling system has been developed to simulate and analyze water network operations, improving decision-making and resource allocation[63]. - The emergency command management system integrates real-time information for effective monitoring and coordination during emergency repairs[64]. - The secondary water supply management system employs IoT and AI technologies to enhance operational efficiency and reduce maintenance response times[66]. - A long-distance pipeline monitoring system has been created, utilizing IoT and big data for real-time monitoring and risk assessment of water pipelines[68]. - The company has developed a comprehensive management system for smart fire hydrants, which sends real-time alerts for issues such as water shortages, theft, and damage, ensuring effective firefighting capabilities[70]. - The annual report highlights the implementation of a digital management system for rural drinking water, optimizing production scheduling and ensuring water quality and stability[72]. - The GIS system for pipeline management provides detailed maps and data, enhancing decision-making and operational efficiency for water supply companies[73]. - The pipeline GIS data maintenance system ensures rapid and secure updates of pipeline data, maintaining data integrity and accuracy[75]. - The pipeline inspection and maintenance system utilizes mobile internet and GPS technology for real-time monitoring and efficient management of pipeline incidents[76]. - The external data collection system integrates field data collection with web management, improving the efficiency and quality of pipeline data updates[78]. - The cloud GIS platform enhances real-time operations and reduces procurement costs through a microservices architecture[80]. - The billing management system integrates user data, meter reading, and financial analysis, supporting decision-making and optimizing customer service[81]. - The company implemented a comprehensive management system for customer water supply applications, enhancing transparency and efficiency in the entire process, from application to payment[83]. - An online service platform was established, integrating various services such as water bill payment, service applications, and complaint handling, aiming for a zero-runaround experience for users[84]. - The company focuses on data-driven decision-making, supporting management through detailed process control and dynamic management of user applications[83]. - The company aims to achieve digital water management and break down data collaboration barriers through a unified equipment management system[87]. - A leakage management platform has been established to monitor water quantity changes in the supply network, enhancing operational safety and reducing leakage[88]. - The company has implemented a standardized leakage control mechanism, integrating data and business processes to create a long-term management model[89]. - A leakage early warning platform has been developed, utilizing noise monitoring to detect pipeline leaks and improve detection efficiency[90]. - The company has introduced a comprehensive drainage supervision platform to ensure the safety of drainage systems and optimize wastewater treatment capacity[92]. - A smart water-saving management system has been created, leveraging big data and IoT technologies to enhance management capabilities in educational institutions[93]. - The water service fieldwork order system integrates order dispatch, on-site inspection, and data statistics to improve operational efficiency and response times[95]. - The company has implemented a comprehensive engineering management system that enables full-process management of water projects, enhancing data sharing and real-time tracking of project progress[97]. - The equipment management system focuses on the entire lifecycle of equipment, providing standardized, mobile, and intelligent management processes, which include maintenance, fault repair, and statistical analysis[98]. - The engineering management system aims to transition from a traditional management model to an open and interactive management approach, ensuring standardized and traceable project management[97]. - The company emphasizes the importance of digitalization and visualization in engineering management to effectively identify and address various issues during project execution[97]. - The equipment management system supports a multi-level organizational structure, ensuring safety in production operations and reducing the risk of accidents[98]. - The engineering management system integrates bidding, progress tracking, and on-site management to enhance overall project efficiency[97]. - The company aims to establish a rigorous and precise management framework for long-term project success through its engineering management initiatives[97]. - The equipment management system includes features for multi-level inspections and equipment status evaluations to ensure operational reliability[98]. - The company is committed to leveraging mobile internet technology to improve the management of water projects[97]. - The engineering management system is designed to provide a clear and documented management process, ensuring accountability and compliance[97]. Research and Development - The company invested CNY 57.59 million in R&D, accounting for 16.79% of total revenue, an increase of 2.37 percentage points from the previous year[176]. - The company obtained 8 invention patents, 2 design patents, 4 utility model patents, and 30 software copyrights during the reporting period[176]. - The total number of intellectual property rights held by the company reached 321, with 46 new rights obtained during the year[176]. - The company has developed advanced technologies in water management, including a real-time water quantity prediction algorithm and a leakage warning system, enhancing its competitive edge in the industry[200]. - The company has developed 20 core technologies in the field of water informationization, including data mining, sound processing, and early warning algorithms[166]. - The company utilizes machine learning algorithms to optimize water supply pressure and flow, providing reliable scheduling solutions based on historical data[168]. - The intelligent scheduling algorithm for secondary water supply integrates historical water usage patterns to automate and optimize water tank control[168]. - The company’s algorithms for online verification of hydraulic models significantly reduce verification time to seconds, enhancing simulation accuracy[168]. - The predictive algorithm for water demand forecasts future water usage over the next 24 hours by analyzing historical data[168]. - The company employs a noise analysis method to accurately locate leaks in water pipelines, improving detection accuracy through data accumulation[170]. - The company has developed a model for identifying anomalies in water supply networks, enhancing the precision of anomaly detection without manual feature extraction[170]. - The company’s algorithms for rapid identification of leakage areas in water supply networks provide high accuracy and short response times[170]. - The company focuses on low-power, high-reliability communication technologies suitable for the water industry, ensuring stable operation and long service life of devices[171]. Market Opportunities and Future Plans - The company anticipates a market expansion in smart city solutions, projecting a growth rate of 30% in the next fiscal year due to increased demand for integrated water management systems[188]. - The revenue from the new AI-driven water supply management tools is expected to reach $1 million in the first quarter of 2024, contributing to overall revenue growth[188]. - The company has successfully completed the trial production of a new water quality monitoring device, with plans for market launch in Q2 2024, targeting a market share increase of 10%[190]. - The implementation of a comprehensive data analysis model is projected to enhance operational efficiency by 18%, allowing for better resource allocation and risk management[190]. - The company is focusing on enhancing user engagement through improved service delivery, aiming for a customer satisfaction increase of 15% by the end of 2024[190]. - A strategic partnership has been established with a leading technology firm to advance the development of IoT solutions, expected to drive innovation and market competitiveness[188]. - The company is positioned to leverage its digital technology and experience to drive the digital transformation of the water industry, contributing to water resource protection and safety[163]. - The integration of IoT, cloud computing, and big data in the water sector is expected to deepen the construction of a water-saving society across cities and enterprises[164]. - The smart water industry is recognized as a sunrise industry, with significant market opportunities arising from recent government policies[164]. - The company aims to establish a multi-level IoT platform for water management, maximizing the performance of reliable communication and intelligent control[164]. Government Policies and Industry Trends - The digital economy development plan aims for the core industries' added value to account for 10% of GDP by 2025, promoting the integration of new technologies in urban infrastructure, including smart water management[153]. - The central government plans to issue 1 trillion yuan in bonds to support disaster recovery and enhance water management infrastructure, which may benefit the company’s market positioning[156]. - The national water network construction plan aims to establish a comprehensive water security system by 2035, which will drive demand for the company's smart water solutions[155]. - The company’s smart water solutions are designed to facilitate the transformation of traditional water management into a digitalized and intelligent system, aligning with national infrastructure modernization goals[156]. - In 2019, the average water loss rate in China's public water supply networks was 14.12%, with a total loss of 8.164 billion cubic meters, indicating a serious leakage issue[158]. - The "14th Five-Year Plan" emphasizes the need for urban water supply network leakage management and aims to control leakage rates to meet first-level assessment standards[159]. - The government plans to issue 1 trillion yuan in bonds to support disaster recovery and enhance flood control capabilities, which will benefit the water industry[165]. - By 2025, the national water network construction aims to enhance water resource allocation and improve urban and rural water supply systems[165].

东兴证券股份有限公司 关于浙江和达科技股份有限公司 2023 年年度报告的 信息披露监管问询函回复的核查意见 上海证券交易所： 浙江和达科技股份有限公司（以下简称"和达科技"、"公司"）于 2024 年 4 月 29 日收到上海证券交易所出具的《关于对浙江和达科技股份有限公司 2023 年年度报告的信息披露监管问询函》（上证科创公函【2024】0074 号）（以下 简称"问询函"），根据《问询函》的要求，保荐机构东兴证券股份有限公司（以 下简称"东兴证券"、"保荐机构"）会同和达科技、天健会计师事务所（特殊普通 合伙）（以下简称"年审会计师"、"会计师"）对《问询函》所列问题进行了认真 核查并作出如下回复： 问题 1、关于营业收入。 年报显示，2023 年度，公司实现营业收入 34,305.18 万元，同比下降 27.10%。分季度收入构成中，第四季度实现营业收入 14,155.29 万元，占全年 营业收入比例约为 41%；分地区收入构成中，华东地区实现营业收入 21,211.50 万元，占全年营业收入比例约为 62%，毛利率为 22.95%，同比下滑 13.37 个百 分点。前五名客户较上期变动较大，其中开 ...

证券代码：688296 证券简称：和达科技 公告编号：2024-038 浙江和达科技股份有限公司 关于上海证券交易所对公司 2023 年年度报告的 信息披露监管问询函的回复公告 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、准确性和完整性依法承担法律责任。 风险提示： 毛利率下降的风险： 2023 年度，公司主营业务毛利率水平为 32.42%，较上年同期下降 6.32 个百 分点，主要是公司华东地区收入占全年主营业务收入的 62.58%，毛利率水平较 上年同期下降 13.37 个百分点。公司所处的水务行业近年来出台了多项利好政策， 有利于推进水务行业信息化、智能化升级，对公司未来盈利和成长有着积极的影 响。公司的行业发展空间、主营业务竞争力及经营情况未发生重大不利变化。但 如果部分产品的市场竞争持续加剧，预计公司未来仍可能出现毛利率下滑的风 险。 浙江和达科技股份有限公司（以下简称"和达科技"、"公司"）于 2024 年 4 月 29 日收到上海证券交易所出具的《关于对浙江和达科技股份有限公司 2023 年 年度报告的信息披露监管问询函》（上证科创公函【 ...

浙江和达科技股份有限公司（以下简称"公司"）2023 年年度股东大会于 2024 年 5 月 9 日在浙江省嘉兴市经济技术开发区昌盛南路 36 号嘉兴智慧产业创 新园 18 幢公司 515 会议室召开。上海市广发律师事务所经公司聘请，委派施敏 律师、李玲玲律师出席现场会议，根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《上市公司股东大会规则》（以下简称"《股东大会规则》"）等 法律法规、其他规范性文件以及《浙江和达科技股份有限公司章程》（以下简称 "《公司章程》"）的规定，就本次股东大会的召集和召开程序、召集人及出席 会议人员的资格、会议议案、表决方式和表决程序、表决结果和会议决议等出具 本法律意见书。 为出具本法律意见书，本所律师对本次股东大会所涉及的有关事项进行了审 查，查阅了相关会议文件，并对有关问题进行了必要的核查和验证。 上海市广发律师事务所 关于浙江和达科技股份有限公司 2023 年年度股东大会的法律意见书 致：浙江和达科技股份有限公司 公司已向本所保证和承诺，公司向本所律师所提供的文件和所作的陈述和说 明是完整的、真实的和有效的，有关原件及其上面的签字和印章是真实的，且一 切足以影响 ...

证券代码：688296 证券简称：和达科技 公告编号：2024-037 浙江和达科技股份有限公司 2023 年年度股东大会决议公告 本公司董事会及全体董事保证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： 本次会议是否有被否决议案：无 2、 公司在任监事 3 人，出席 3 人； 3、 董事会秘书出席了本次会议；其他高级管理人员列席了本次会议。 一、 会议召开和出席情况 （一） 股东大会召开的时间：2024 年 5 月 9 日 （二） 股东大会召开的地点：浙江省嘉兴市经济技术开发区昌盛南路 36 号嘉兴 智慧产业创新园 18 幢公司五楼 515 会议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 5 | | --- | --- | | 普通股股东人数 | 5 | | 2、出席会议的股东所持有的表决权数量 | 40,870,591 | | 普通股股东所持有表决权数量 | 40,870,591 | | 3、出席会议的股东所持有表决权数量占公司表决权 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥78,427,697.42, representing a year-on-year increase of 9.64%[5] - The net profit attributable to shareholders was -¥941,201.09, a decrease of 77.96% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥3,136,337.34, down 54.13% year-on-year[5] - The net cash flow from operating activities was -¥83,594,973.70, a decline of 62.21% compared to the previous year[5] - Total operating revenue for Q1 2024 was CNY 78,427,697.42, an increase of 9.9% compared to CNY 71,535,104.38 in Q1 2023[20] - Total operating costs for Q1 2024 were CNY 95,219,801.43, up from CNY 89,842,889.98 in Q1 2023, reflecting a year-over-year increase of 5.4%[20] - Net loss for Q1 2024 was CNY 2,452,974.75, an improvement from a net loss of CNY 7,405,091.53 in Q1 2023[21] - The company reported a gross profit margin of approximately 31.8% in Q1 2024, compared to 25.7% in Q1 2023[20] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.01, compared to CNY -0.04 in Q1 2023[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥944,672,890.61, down 5.46% from the end of the previous year[6] - Total assets decreased to CNY 944,672,890.61 in Q1 2024 from CNY 999,230,629.64 in Q1 2023, a decline of 5.5%[18] - Total liabilities decreased to CNY 230,812,759.57 in Q1 2024 from CNY 295,666,797.82 in Q1 2023, a reduction of 22%[18] - The company's long-term equity investments stood at RMB 41,035,462.69, slightly down from RMB 41,801,259.73[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,353[10] - The largest shareholder, Guo Jun, holds 38,681,591 shares, representing 35.74% of the total shares[10] - The company reported no significant changes in the top 10 shareholders or their shareholding percentages during the reporting period[13] Cash Flow - The company’s cash flow from operating activities showed improvement, with a net cash inflow of CNY 4,729,960.56 in Q1 2024 compared to CNY 4,649,266.51 in Q1 2023[20] - In Q1 2024, the net cash flow from operating activities was -$83.59 million, compared to -$51.53 million in Q1 2023, indicating a decline in operational efficiency[24] - Total cash inflow from operating activities decreased to $72.19 million in Q1 2024 from $89.01 million in Q1 2023, a drop of approximately 18.9%[24] - Cash outflow from operating activities increased to $155.78 million in Q1 2024, up from $140.54 million in Q1 2023, representing a rise of about 10.8%[24] - Cash flow from investment activities showed a significant improvement, with a net inflow of $51.85 million in Q1 2024, compared to a net outflow of $14.66 million in Q1 2023[24] - Cash inflow from financing activities increased to $20.09 million in Q1 2024, up from $3.79 million in Q1 2023, marking a substantial growth of approximately 429.3%[24] Research and Development - Research and development expenses totaled ¥15,472,162.46, accounting for 19.73% of operating revenue, a decrease of 1.66 percentage points[6] - Research and development expenses remained stable at CNY 15,472,162.46 in Q1 2024, slightly up from CNY 15,302,953.77 in Q1 2023[20] Other Information - The total liabilities and shareholders' equity figures were not provided in the extracted content, indicating a need for further details in future reports[14] - The company has not disclosed any new product developments or technological advancements in the current report[14] - No significant mergers or acquisitions were mentioned in the financial report, suggesting a focus on internal growth strategies[14] - There were no shares lent out under the margin trading and securities lending business by the major shareholders at the end of the reporting period[12] - The ending cash and cash equivalents balance decreased to $263.18 million in Q1 2024 from $267.92 million in Q1 2023, a decline of about 1.4%[25] - The company received $13.63 million from investment in Q1 2024, compared to $2.80 million in Q1 2023, indicating a significant increase in capital inflow[24] - The cash paid for purchasing goods and services rose to $66.36 million in Q1 2024 from $55.58 million in Q1 2023, an increase of approximately 19.4%[24] - The cash received from tax refunds increased to $3.40 million in Q1 2024 from $2.91 million in Q1 2023, reflecting a growth of about 17.5%[24] - The company reported a cash outflow of $10 million related to investment activities in Q1 2024, compared to $7 million in Q1 2023, indicating an increase of approximately 42.9%[24]