证券代码：688296 证券简称：和达科技 公告编号：2023-047 浙江和达科技股份有限公司 关于公司董事会、监事会换届选举的公告 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、准确性和完整性依法承担法律责任。 浙江和达科技股份有限公司（以下简称"公司"或"和达科技"）第三届董事会、 监事会任期即将届满，根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上海证券交易所科创板股票上市规则》《公司章程》等法律法规或规章制度的 相关规定，公司依法开展了董事会、监事会换届选举工作，现将相关情况公告如 下： 一、董事会换届选举情况 （一）非独立董事候选人提名情况 公司于 2023 年 8 月 28 日召开第三届董事会第二十一次会议，会议审议通过 了《关于公司董事会换届选举暨提名第四届董事会非独立董事候选人的议案》。 经股东提名，并经董事会提名委员会对第四届董事会非独立董事候选人的任职资 格审查，公司董事会同意提名郭军先生、王小鹏先生、翁贤华先生、刘金晓先生 为公司第四届董事会非独立董事候选人。上述非独立董事候选人简历详见附件。 公司独立董事对前述议案 ...

浙江和达科技股份有限公司（以下简称"公司"）于近日收到东兴证券股份 有限公司（以下简称"东兴证券"）出具的《关于变更浙江和达科技股份有限公 司首次公开发行股票项目持续督导保荐代表人的情况说明》。 证券代码：688296 证券简称：和达科技 公告编号：2023-043 浙江和达科技股份有限公司 关于变更持续督导保荐代表人的公告 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。 浙江和达科技股份有限公司董事会 2023 年 8 月 23 日 附件：张玮洁女士的简历 张玮洁女士，保荐代表人，经济学硕士，注册会计师（非执业），东兴证券 投资银行总部副总裁，主要负责或参与的项目包括：和达科技（688296）IPO、 联迪信息（839790）北交所上市等，以及多家企业的改制重组、辅导推荐工作， 具备丰富的相关法律、财务专业知识。 东兴证券为公司首次公开发行股票并在科创板上市项目（以下简称"首发上 市项目"）的保荐人，原指定钟朗先生、何金春先生担任保荐代表人。现钟朗先 生因工作变动原因，不再担任公司持续督导保荐代表人。为保证持续督导工作的 有 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the fiscal year 2022, representing a year-over-year growth of 15%[24]. - The company reported a decrease in pipeline leakage rate to 8%, down from 10% in the previous year, showcasing improved operational efficiency[24]. - The company reported a total revenue of 470.58 million yuan, a decrease of 7.23% year-over-year, and a net profit attributable to shareholders of 52.03 million yuan, down 48.08% year-over-year[36]. - The net profit attributable to shareholders was CNY 52,033,447.96, down 48.08% year-over-year[28]. - The company's total assets increased by 3.57% to CNY 985,969,882.41 at the end of 2022[26]. - The overall gross margin was 38.74%, a decline of 6.04 percentage points compared to the previous year[36]. - The company experienced a significant increase in accounts receivable, impacting cash flow and overall financial performance[28]. - The company has not achieved profitability since its listing[4]. - The company reported a net cash flow from operating activities of CNY -32,376,764.30, a decline of 827.18% compared to the previous year[28]. - Basic earnings per share decreased by 55.96% to CNY 0.48 in 2022[27]. Dividend and Share Capital - The company plans to distribute a cash dividend of 1.50 CNY per 10 shares, totaling approximately 16.11 million CNY, which represents 30.96% of the net profit attributable to shareholders for 2022[7]. - As of December 31, 2022, the total share capital of the company was 107,393,160 shares[7]. - The company has not conducted any capital reserve transfers to increase share capital or issued bonus shares for the year[7]. Corporate Governance - The board of directors has confirmed that all members attended the board meeting, ensuring governance compliance[5]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - The company has not reported any violations in decision-making procedures for external guarantees[10]. - The company has not indicated any special arrangements in corporate governance[8]. Risk Management - The company has outlined potential risks in its report, advising investors to be cautious regarding forward-looking statements[8]. Market Expansion and Product Development - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[24]. - New product launches included an advanced IoT device that is expected to contribute an additional 200 million RMB in revenue in 2023[24]. - The company provided guidance for 2023, projecting a revenue increase of 20%, aiming for approximately 1.44 billion RMB[24]. - The company launched a series of innovative products and platforms, including the "Information Universe" and "Smart Water Products" to enhance operational models in the water sector[39]. - The company aims to create a digital knowledge-sharing platform to support ecological sustainability in the water sector[106]. Research and Development - Research and development investments increased by 30% in 2022, totaling 150 million RMB, focusing on edge computing and big data technologies[24]. - The R&D expenditure as a percentage of operating revenue rose to 14.42%, an increase of 1.94 percentage points from 2021[27]. - The company obtained a total of 55 new intellectual property rights during the reporting period, including 4 invention patents, 5 design patents, and 9 utility model patents[168]. - The cumulative number of invention patents increased to 36, with 12 patents granted, reflecting the company's commitment to innovation[168]. - The company has developed advanced algorithms for optimizing water supply management, significantly improving energy efficiency and operational reliability[161]. Digital Transformation - The company aims to leverage digitalization in water management, aligning with national policies to enhance water supply systems and reduce losses[42]. - The company is focused on achieving precise and rigorous management of engineering construction through standardized practices[97]. - The company is actively pursuing digital transformation initiatives to improve operational efficiency and service quality in water management[62]. - The company has implemented a comprehensive online service platform, achieving a goal of zero customer visits for water service transactions[82]. - The company aims to support digital transformation in the water service sector, leveraging cloud services and data integration[181]. Technology and Innovation - The company has developed a leakage warning system that utilizes advanced technologies such as machine learning and edge computing to enhance leak detection capabilities[193]. - The company has established a digital twin model for urban water infrastructure, utilizing GIS visualization and IoT data to enhance operational monitoring and risk analysis[105]. - The company has developed a smart water service platform that covers the entire lifecycle of water industrial products, providing one-stop solutions and services[108]. - The company has developed a multi-level IoT platform for water management, integrating big data, edge computing, and cloud computing to promote low-carbon operations[156]. Operational Efficiency - 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 company has established a comprehensive water quality management system that monitors water quality safety throughout the supply process, integrating monitoring, management, emergency warning, and decision support[101]. - The company aims to optimize water supply processes through machine learning and hydraulic models, ensuring stable pressure and reduced energy consumption[57]. Customer Engagement - The user base for the water service platform has expanded significantly, with a notable increase in online transactions[84]. - The company aims to streamline the water meter installation process, ensuring transparency and efficiency in service delivery[82]. - The company has introduced new features in its online service portal, including electronic contracts and invoices, to improve user experience[84]. Environmental Commitment - The company is committed to enhancing the resilience of its water network against extreme weather events, ensuring better preparedness for flood scenarios[59]. - The company is committed to supporting the national goal of carbon peak and carbon neutrality by enhancing water conservation and reducing energy consumption in the water sector[156].

证券代码：688296 证券简称：和达科技 公告编号：2023-036 浙江和达科技股份有限公司 关于召开 2022 年度暨 2023 年第一季度 业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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 06 月 19 日(星期一)至 06 月 27 日(星期二)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zjhdkj@chinah dkj.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 浙江和达科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 14 日发布 公司《2022 年年度报告》，于 2023 年 4 月 29 日发布公司《2023 年第一季度报 告》，为便于广大投资者更全面深入地了解公司 2022 年度及 2023 年第一季度的 经营成果、财务状况，公司计划于 2023 年 06 月 28 日上午 11:00-12:00 举行 202 2 年度暨 2023 年第一季度业绩说明会，就投资者关心的问题进 ...

Financial Performance - The company's revenue for Q1 2023 was CNY 71,535,104.38, representing an increase of 8.55% compared to the same period last year[6] - The net profit attributable to shareholders was CNY -4,271,093.05, a decrease of 93.01% year-over-year[6] - The net profit after deducting non-recurring gains and losses decreased by 167.54% compared to the previous year[14] - Total operating revenue for Q1 2023 was CNY 71,535,104.38, an increase of 8.5% compared to CNY 65,897,627.00 in Q1 2022[27] - Net loss for Q1 2023 was CNY 7,405,091.53, compared to a net loss of CNY 2,969,845.95 in Q1 2022, representing a significant increase in losses[28] - The total comprehensive loss for Q1 2023 was CNY -7,355,101.53, compared to CNY -3,079,823.95 in Q1 2022, reflecting increased overall losses[29] - The basic and diluted earnings per share for Q1 2023 were both CNY -0.04, compared to CNY -0.02 in Q1 2022, indicating a worsening of per-share performance[29] Cost and Expenses - The gross margin for the reporting period dropped to 25.90% due to low-margin projects contributing 42.21% to revenue[7] - Total operating costs for Q1 2023 were CNY 89,842,889.98, up 23.5% from CNY 72,717,949.82 in Q1 2022[27] - Research and development expenses totaled CNY 15,302,953.77, accounting for 21.39% of revenue, a decrease of 3.28 percentage points[6] - Research and development expenses for Q1 2023 were CNY 15,302,953.77, slightly down from CNY 16,258,640.20 in Q1 2022, indicating a focus on cost management[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 948,909,413.83, a decrease of 3.76% from the end of the previous year[6] - The company's total liabilities decreased to CNY 200,445,986.37 in Q1 2023 from CNY 232,951,353.42 in Q1 2022, a reduction of approximately 13.9%[24] - The total equity attributable to shareholders decreased to CNY 739,961,030.32 in Q1 2023 from CNY 744,182,133.37 in Q1 2022, a decline of about 0.6%[24] Cash Flow - Cash flow from operating activities improved by 37.16% due to increased collections and reduced tax payments[14] - Cash flow from operating activities increased to CNY 75,694,451.73 in Q1 2023, compared to CNY 67,715,625.24 in Q1 2022, reflecting a growth of 11.6%[31] - The net cash flow from operating activities was -51,534,938.20, an improvement from -82,005,842.82 in the previous year[32] - Total cash inflow from operating activities amounted to 89,005,772.75, compared to 77,671,894.35 in the same period last year, reflecting a year-over-year increase of approximately 14.5%[32] - Cash outflow from operating activities totaled 140,540,710.95, down from 159,677,737.17, indicating a reduction of about 12%[32] - The company reported a total cash outflow of -63,542,970.25 for the quarter, compared to -210,888,953.29 in the previous year[33] Shareholder Information - Total number of common shareholders at the end of the reporting period is 3,219[17] - The largest shareholder, Guo Jun, holds 38,252,091 shares, representing 35.62% of total shares[17] Investments and Subsidiaries - The company established three new subsidiaries to enhance its market presence and service offerings in the water management sector[8] - The net cash flow from financing activities increased by 342.60% due to new capital injections from the establishment of subsidiaries[14] Inventory and Receivables - Accounts receivable increased slightly to ¥324,657,200.54 from ¥323,685,778.04, indicating a growth of 0.3%[22] - Inventory decreased to ¥97,123,197.01 from ¥99,386,556.87, a decline of about 2.3%[22] Other Information - The company has no new product launches or technological developments mentioned in the reports[20] - There are no significant market expansion or acquisition strategies outlined in the reports[20] - The company has not provided specific future performance guidance in the available documents[20] - The company has not adopted new accounting standards for the current year, maintaining consistency in financial reporting[33]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the fiscal year 2022, representing a growth of 15% compared to the previous year[24]. - In 2022, the company's operating revenue was CNY 470,583,902.85, a decrease of 7.23% compared to 2021[26]. - The net profit attributable to shareholders was CNY 52,033,447.96, down 48.08% year-over-year[28]. - The net cash flow from operating activities was CNY -32,376,764.30, a decline of 827.18% compared to the previous year[28]. - Basic earnings per share decreased by 55.96% to CNY 0.48 in 2022[27]. - The overall gross margin was 38.74%, a decline of 6.04 percentage points compared to the previous year[36]. - The gross margin for 2022 was reported at 35%, a slight improvement from 33% in 2021, indicating better cost management[24]. - The company reported a total revenue of 13,000,000.00, with a net profit of 6,277,904.30, indicating a strong performance in the water service sector[177]. - The company reported a total revenue of 130.4 million for the year, with a net profit of 67.85 million, representing a year-on-year increase of approximately 92.5%[187]. Dividend and Share Capital - The company plans to distribute a cash dividend of 1.50 CNY per 10 shares, totaling approximately 16.11 million CNY, which represents 30.96% of the net profit attributable to shareholders for 2022[7]. - As of December 31, 2022, the total share capital of the company was 107,393,160 shares[7]. - The company has not conducted any capital reserve transfers to increase share capital or issued bonus shares for the year[7]. Governance and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[6]. - The board of directors has confirmed that all members attended the board meeting, ensuring governance compliance[5]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - The company has not reported any violations in decision-making procedures for external guarantees[10]. - The company has not indicated any special arrangements in corporate governance[8]. Market and Product Development - User data showed an increase in active users, reaching 500,000 by the end of 2022, which is a 20% increase year-over-year[24]. - The company provided a positive outlook for 2023, projecting a revenue growth of 10% to 12% based on anticipated market expansion and new product launches[24]. - New product development includes the introduction of advanced IoT solutions, expected to contribute an additional 200 million RMB in revenue in 2023[24]. - The company is focusing on market expansion, particularly in Southeast Asia, with plans to increase its market share by 5% in the region by the end of 2023[24]. - A strategic acquisition of a local tech firm is in progress, which is expected to enhance the company's capabilities in cloud computing and data analytics[24]. Research and Development - The company plans to invest 100 million RMB in R&D for new technologies over the next two years to maintain its competitive edge[24]. - The R&D expenditure as a percentage of operating revenue rose to 14.42%, an increase of 1.94 percentage points from 2021[27]. - The company obtained a total of 55 new intellectual property rights during the reporting period, including 4 invention patents, 5 design patents, and 9 utility model patents[168]. - The cumulative number of invention patents reached 36, with 12 granted, while utility model patents totaled 49, with 40 granted[168]. - The company has developed a leakage warning system that utilizes advanced technologies such as machine learning and edge computing to enhance leak detection capabilities[193]. Operational Efficiency - The company aims to reduce operational costs by 8% through the implementation of edge computing technologies in its infrastructure[24]. - The company aims to improve the efficiency of water supply systems and reduce resource waste through intelligent management solutions[63]. - 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 company has established a comprehensive water quality management system that monitors water quality safety from source to tap, integrating monitoring, management, emergency warning, and decision support[101]. Digital Transformation - The company is focused on building a new operational model for the water industry, promoting the integration of digital and physical economies[108]. - The company has developed a standardized IoT platform for unified management of devices, sensors, and data services, enhancing operational efficiency[122]. - The company is leveraging machine learning for real-time calibration of hydraulic models, enhancing the accuracy of water supply management[161]. - The company has developed advanced algorithms for optimizing water supply pressure and flow, significantly improving energy efficiency and operational reliability[161]. Customer Engagement and Service Improvement - The company has implemented a comprehensive online service platform, enabling users to manage water services, including bill payments and service requests, achieving a "zero-run" goal for customer interactions[82]. - A focus on customer service improvement has led to a 15% reduction in service response times, enhancing overall user satisfaction[82]. - The company is actively expanding its direct drinking water management system to improve service delivery and user satisfaction[103]. Risk Management - The company has outlined potential risks in its report, advising investors to be cautious regarding forward-looking statements[8]. - The company faces risks of being surpassed by competitors if it fails to keep up with industry trends and technological advancements[200].

Financial Performance - The company's operating revenue for Q3 2022 was ¥139,066,055.35, representing a year-on-year increase of 29.32%[5] - The net profit attributable to shareholders for Q3 2022 was ¥20,116,022.78, showing a decrease of 18.34% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,531,290.77, an increase of 42.99% year-on-year[5] - Total operating revenue for the first three quarters of 2022 reached ¥333,766,605.22, an increase of 19.7% compared to ¥278,752,882.51 in the same period of 2021[22] - Net profit for Q3 2022 was ¥47,731,190.91, compared to ¥46,280,729.92 in Q3 2021, showing a growth of 3.1%[24] - Earnings per share for Q3 2022 was ¥0.44, down from ¥0.54 in Q3 2021, indicating a decrease of 18.5%[25] - The company reported a decrease in comprehensive income attributable to the parent company, totaling ¥46,556,899.68 in Q3 2022, compared to ¥46,799,348.75 in Q3 2021, a decline of 0.5%[25] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period showed a net outflow of ¥84,199,473.76, a decrease of 37.93% compared to the previous year[6] - Cash flow from operating activities for the first three quarters of 2022 was ¥300,743,659.88, compared to ¥275,341,842.36 in 2021, reflecting an increase of 9.3%[26] - The net cash flow from operating activities was -84,199,473.76, compared to -61,044,282.25 in the previous year, indicating a decline of approximately 38%[27] - Total cash outflow from operating activities amounted to 384,943,133.64, up from 336,386,124.61, reflecting an increase of about 14%[27] - The total cash and cash equivalents at the end of the period were 301,419,774.21, down from 402,604,091.63, representing a decline of approximately 25%[28] - The beginning cash and cash equivalents balance was 460,416,702.74, compared to 225,924,066.46 in the previous year, showing an increase of approximately 104%[28] Research and Development - The total R&D investment for Q3 2022 was ¥18,925,308.95, which accounted for 13.61% of operating revenue, a decrease of 2.98 percentage points[6] - Research and development expenses for Q3 2022 amounted to ¥53,263,111.77, an increase of 22.5% from ¥43,483,680.38 in Q3 2021[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥941,249,570.77, reflecting a decrease of 1.13% from the end of the previous year[6] - The total current assets as of September 30, 2022, amounted to RMB 799,120,947.86, a decrease from RMB 847,496,074.94 at the end of 2021, reflecting a decline of approximately 5.9%[19] - Total non-current assets reached RMB 142,128,622.91, up from RMB 104,474,789.71, which is an increase of approximately 36.0%[20] - Total liabilities as of Q3 2022 were ¥191,332,915.74, a decrease of 12.9% from ¥219,695,417.73 in the previous year[23] - Current liabilities decreased to RMB 178,528,414.15 from RMB 205,318,603.82, reflecting a reduction of approximately 13.0%[20] Operational Efficiency - The company attributed the increase in operating revenue to optimized product delivery systems and improved delivery efficiency[11] - The increase in net profit after deducting non-recurring gains was primarily due to the rise in operating revenue[11] Other Income and Expenses - Other income for Q3 2022 was ¥19,439,350.52, down from ¥24,782,482.68 in Q3 2021, indicating a decline of 21.6%[23] - The company paid 30,070,084.80 in dividends and interest, compared to 563,287.77 in the previous year, indicating a significant increase in cash outflow[27] - The total cash outflow from financing activities was 33,692,323.20, compared to 16,546,087.77 in the previous year, reflecting an increase of about 103%[27] Employee Compensation - The company reported a significant reduction in employee compensation payable, which fell to RMB 20,612,767.72 from RMB 34,610,207.67, a decrease of approximately 40.5%[20] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[17]

Financial Performance - The company reported a total revenue of 1.5 billion CNY for the first half of 2022, representing a year-on-year increase of 20%[1]. - The company has set a revenue guidance of 3 billion CNY for the full year 2022, which would represent a growth of 25% compared to 2021[1]. - The company's operating revenue for the first half of 2022 was ¥194,700,549.87, representing a 13.72% increase compared to ¥171,217,869.65 in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2022 was ¥26,950,774.90, a 24.39% increase from ¥21,665,588.91 in the previous year[17]. - The company reported a significant increase in revenue for the first half of 2022, with a year-over-year growth of 15%[186]. - The company reported a total revenue of 132.2 million RMB for the first half of 2022, with a net profit of 34.34 million RMB, representing a year-on-year increase of 76.21%[112]. User Growth - User data indicates that the active user base has grown to 2 million, up from 1.5 million in the previous year, marking a 33.3% increase[1]. - User data showed an increase in active users, reaching 10 million, which represents a 20% growth compared to the previous year[187]. Research and Development - The company has invested 200 million CNY in R&D for new technologies, aiming for a 40% increase in innovation output[1]. - The company's R&D investment accounted for 17.64% of operating revenue, an increase of 2.67 percentage points from 14.97% in the same period last year[17]. - The company's R&D investment for the first half of 2022 reached CNY 34,337,802.82, an increase of 33.93% compared to CNY 25,638,763.00 in the same period last year[87]. - The number of R&D personnel increased to 341, accounting for 39.51% of the total workforce, compared to 38.35% in the same period last year[114]. - The company has developed 14 core technologies, including online verification algorithms and high-precision real-time water volume prediction algorithms[78]. Market Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[1]. - Market expansion plans include entering three new international markets by Q4 2022, targeting a 10% increase in market share[159]. - The company established a new operation company in Beijing to expand its market presence in Northern China[126]. Product Development - New product development includes the launch of a smart water management system, expected to enhance operational efficiency by 15%[1]. - The company is developing a smart water SaaS platform with an estimated total investment of CNY 17,000,000, of which CNY 2,338,502.80 has been invested so far[90]. - The company is developing a pipeline leak detection device with a budget of $5 million, currently at the small trial stage, aimed at reducing water loss rates in supply networks[93]. Operational Efficiency - The management highlighted a reduction in operational costs by 5% due to improved efficiency measures implemented in Q2 2022[1]. - The company aims to reduce operational costs by 15% through efficiency improvements in the supply chain[158]. - The gross margin improved to 45%, up from 40% in the previous year, indicating better cost management[159]. Strategic Acquisitions - A strategic acquisition of a local tech firm is in progress, which is anticipated to increase the company's technological capabilities by 30%[1]. - The company is considering strategic acquisitions to bolster its product offerings, with a budget of $100 million allocated for potential deals[158]. Shareholder Value - The board has approved a share buyback program worth 100 million CNY to enhance shareholder value[1]. - The company plans to implement a stock repurchase program, with a total repurchase amount not less than 10% and not more than 50% of the net profit attributable to shareholders from the previous fiscal year[165]. Technology Integration - The company is focused on providing integrated solutions for the water industry, leveraging IoT, big data, and edge computing technologies to enhance informationization and intelligence in the sector[22]. - The company is leveraging cloud computing, IoT, big data, and AI technologies to enhance its smart water management capabilities[82]. - The company is exploring partnerships with IoT providers to enhance its service offerings, aiming for a 20% increase in service revenue by 2024[1]. Compliance and Governance - The company will ensure that the shareholding structure remains compliant with the listing conditions on the Sci-Tech Innovation Board[169]. - The company will ensure timely and adequate disclosure of any commitment failures to shareholders and the public[178]. Risk Management - The company faces risks related to increasing labor costs and potential changes in tax policies that could impact profitability[130][132]. - The company is actively monitoring competitive dynamics and has established measures to mitigate risks associated with industry competition[182].

Financial Performance - The company's operating revenue for 2021 was CNY 507,284,444.23, representing a 39.61% increase compared to CNY 363,362,110.12 in 2020[20]. - The net profit attributable to shareholders of the listed company was CNY 100,218,219.73, up 32.41% from CNY 75,687,972.25 in the previous year[20]. - The net cash flow from operating activities decreased by 91.51% to CNY 4,452,392.72 from CNY 52,424,179.03 in 2020[20]. - The total assets at the end of 2021 were CNY 951,970,864.65, a 75.08% increase from CNY 543,729,270.15 at the end of 2020[20]. - The net assets attributable to shareholders of the listed company increased by 108.44% to CNY 722,927,228.21 from CNY 346,832,845.06 in 2020[20]. - The company's annual revenue reached 50,728.44 million CNY, a 39.5% increase from 36,336.21 million CNY in the previous year, with a comprehensive gross margin of 44.78%, down from 47.97%[33]. - The gross profit margin decreased by 3.19 percentage points compared to the previous year[137]. - The company achieved a revenue of 4,552.96 million with a gross profit margin of 60.00% for the year 2021[169]. Research and Development - The company's R&D expenditure accounted for 12.48% of operating revenue, up from 10.71% in the previous year[21]. - R&D expenses totaled 63.32 million CNY, representing a 62.66% increase compared to the previous year, reflecting the company's commitment to enhancing its R&D capabilities[33]. - The company holds 161 software copyrights and 60 authorized patents, including 8 invention patents, showcasing its strong R&D capabilities in the water industry[84]. - The company has developed 14 core technologies in the field of water informationization, including data mining, sound processing, and early warning algorithms[89]. - The number of R&D personnel increased to 291, representing 38.09% of the total workforce, up from 31.76% in the previous year[112]. - The company is focusing on enhancing its R&D system for innovative technologies in water supply, drainage, and environmental management, aiming to develop new products and optimize its low-code development platform[179]. Market Strategy and Expansion - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and innovations[15]. - The company plans to leverage its expertise in IoT and data analytics to drive future growth and operational improvements[15]. - The company aims to maintain its leadership position in the water management sector by investing in research and development of new products and services[15]. - The company is actively pursuing new strategies for market expansion and technological advancement to drive future growth[97]. - The company plans to enhance its digital service offerings to support the construction of smart cities and improve urban management capabilities[176]. - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[199]. Corporate Governance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[8]. - The company has not violated any decision-making procedures for providing guarantees[8]. - The company has received a standard unqualified audit report from Tianjian Accounting Firm[5]. - The board of directors and management have confirmed the accuracy and completeness of the annual report[4]. - The company has not disclosed any special arrangements for corporate governance[8]. - The supervisory board, comprising 3 members, effectively monitors the company's financial practices and compliance with legal standards[187]. Operational Efficiency - The company is committed to improving its operational efficiency and reducing water loss rates through advanced metering and management systems[15]. - The net cash flow from financing activities increased by 1,351.17%, mainly due to funds raised from the initial public offering[136]. - The company reported a significant increase in sales expenses by 43.51%, driven by an increase in the sales team and related costs[135]. - The company aims to enhance the profitability of water supply enterprises by reducing the production and sales gap through precise management services[103]. Technology and Innovation - The company has developed a comprehensive metering management system that integrates various remote transmission devices, allowing users to monitor the operational status of water meters in the supply network[48]. - The company has developed a noise monitoring system for leak detection, which utilizes high-sensitivity vibration sensors to monitor pipeline noise and provide alerts[67]. - The intelligent remote telemetry terminal collects and transmits critical data such as pressure, flow, and water quality, enhancing operational efficiency through IoT technology[59]. - The company has developed a leakage warning system that utilizes advanced technologies to detect leaks in urban water supply networks, enhancing the industry's leak detection capabilities[114]. - The company is leveraging IoT, big data, and edge computing to drive digital transformation and low-carbon operations in the water industry, aligning with national carbon neutrality goals[87]. Financial Risks and Challenges - The company's accounts receivable balance at the end of the reporting period was 273.02 million yuan, accounting for 53.82% of its revenue, indicating potential financial risk[127]. - The company benefited from tax incentives amounting to 16.82 million yuan, which constituted 15.31% of its pre-tax profit, highlighting reliance on favorable tax policies[128]. - The company faces competition from large IT firms like Huawei and Tencent in the water information sector, necessitating continuous improvement in product competitiveness[130]. - The company is monitoring macroeconomic conditions and the impact of COVID-19 on operations, which could affect project execution and overall performance[131]. Shareholder and Management Structure - The total number of shares held by the chairman and general manager, Guo Jun, remained unchanged at 38,252,091 shares, with a pre-tax compensation of 1.26 million yuan[193]. - The total pre-tax compensation for all directors, supervisors, and senior management during the reporting period amounted to 9.59 million yuan[194]. - The company has maintained a stable shareholding structure, with no changes in the number of shares held by key personnel during the reporting period[193]. - The company appointed a new financial director, Yi Jing, on September 17, 2021, with a pre-tax compensation of 151,700 yuan[193].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 65,897,627, representing a year-on-year increase of 54.78%[4] - The net profit attributable to shareholders was a loss of CNY 2,212,916.93, which is a decline of 61.79% compared to the same period last year[4] - The basic earnings per share were CNY -0.02, reflecting a decrease of 71.43% year-on-year[4] - Net loss for Q1 2022 was CNY 2,969,845.95, compared to a net loss of CNY 6,882,154.29 in Q1 2021, representing a 56.8% improvement[20] - The company reported a basic and diluted earnings per share of CNY -0.02 for Q1 2022, an improvement from CNY -0.07 in Q1 2021[21] Cash Flow - The net cash flow from operating activities was a negative CNY 82,005,842.82, showing a decrease of 7.21% year-on-year[4] - Cash inflow from operating activities was CNY 77,671,894.35 in Q1 2022, compared to CNY 66,103,522.99 in Q1 2021, reflecting a growth of 17.5%[23] - The net cash flow from operating activities was -82,005,842.82, compared to -76,493,315.00 in the previous year, indicating a decline of approximately 7%[24] - The net cash flow from investing activities was -127,791,704.97, compared to -10,292,908.52 in the previous year, showing a substantial increase in cash outflow[24] - The net cash flow from financing activities was -1,091,405.50, a decrease from a positive cash flow of 9,226,657.50 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 893,807,953.06, down 6.11% from the end of the previous year[5] - The company's current assets totaled CNY 790,241,048.24, down from CNY 847,496,074.94, indicating a decrease of about 6.7% year-over-year[16] - The total liabilities decreased to CNY 164,612,330.09 in Q1 2022 from CNY 219,695,417.73 in Q1 2021, a reduction of 25.1%[18] - The total equity attributable to shareholders was CNY 720,604,333.28 in Q1 2022, slightly down from CNY 722,927,228.21 in Q1 2021[18] Expenses - Research and development expenses totaled CNY 16,258,640.20, accounting for 24.67% of operating revenue, a decrease of 4.43 percentage points from the previous year[5] - Research and development expenses increased to CNY 16,258,640.20 in Q1 2022, up 31.1% from CNY 12,388,767.41 in Q1 2021[19] - The company experienced a 54.49% increase in operating costs, primarily due to the rise in operating revenue[9] - Total operating costs for Q1 2022 were CNY 72,717,949.82, up 37.9% from CNY 52,748,885.03 in Q1 2021[19] Other Financial Metrics - The weighted average return on net assets was -0.31%, an increase of 1.37 percentage points compared to the previous year[5] - Other income increased to CNY 4,037,195.83 in Q1 2022, compared to CNY 2,480,451.13 in Q1 2021, marking a growth of 62.8%[20] - The company recorded a decrease in other comprehensive income, with a net loss of CNY -109,978.00 in Q1 2022 compared to a gain of CNY 89,982.00 in Q1 2021[20] Changes in Accounts - The accounts receivable decreased by 43.06%, mainly due to reduced sales bill collections[8] - Accounts receivable increased to CNY 263,208,177.93 from CNY 249,728,296.42, representing an increase of approximately 5.4%[16] - Inventory rose to CNY 89,547,750.42 compared to CNY 84,898,520.24, marking an increase of around 5.5%[16] - The company's cash and cash equivalents decreased to CNY 374,924,921.78 from CNY 461,903,151.75, a decline of about 18.8%[15] - The total cash and cash equivalents at the end of the period were 249,527,749.45, down from 460,416,702.74 at the beginning of the period, representing a decrease of approximately 46%[25] Corporate Developments - The company has not disclosed any new product or technology developments in the first quarter of 2022[14] - There are no significant mergers or acquisitions reported during the quarter[14] - The company has not provided specific future guidance or market expansion strategies in the current report[14]