Financial Performance - The company's operating revenue for Q3 2021 was ¥23,620,676.38, representing a decrease of 85.14% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2021 was ¥2,472,579.98, down 91.37% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,553,159.98, a decrease of 90.97% compared to the previous year[5] - The basic and diluted earnings per share for Q3 2021 were both ¥0.03, reflecting a decline of 91.67%[6] - Total operating revenue for the first three quarters of 2021 was CNY 123,082,964.84, a decrease of 29.9% compared to CNY 175,667,263.01 in the same period of 2020[20] - Net profit for the first three quarters of 2021 was CNY 10,620,219.13, a decline of 48.7% from CNY 20,679,480.96 in the same period of 2020[22] - Earnings per share for the first three quarters of 2021 was CNY 0.12, compared to CNY 0.26 in the same period of 2020[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥860,985,315.40, an increase of 18.32% from the end of the previous year[6] - As of September 30, 2021, total assets amounted to ¥860,985,315.40, an increase from ¥727,660,054.80 at the end of 2020, reflecting a growth of approximately 18.3%[16] - Current assets totaled ¥643,121,701.57, up from ¥509,488,565.02 in the previous year, indicating a year-over-year increase of about 26.2%[17] - Total liabilities decreased to ¥235,122,300.82 from ¥309,269,059.88, a reduction of about 24%[18] - The company's equity increased to ¥625,863,014.58, up from ¥418,390,994.92, reflecting a growth of approximately 49.7%[18] - The company’s total equity attributable to shareholders increased to CNY 625,863,014.58 from CNY 418,390,994.92 in the previous year[21] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥61,397,293.39, indicating a significant cash outflow[6] - Cash flow from operating activities for the first three quarters of 2021 was negative CNY 61,397,293.39, contrasting with a positive cash flow of CNY 232,324.80 in the same period of 2020[26] - The company recorded a net cash outflow from investing activities of CNY 30,447,425.69 in the first three quarters of 2021[26] - The net cash flow from investing activities was -$30,447,425.69, compared to -$18,457,946.40 in the previous period, indicating an increase in cash outflow for investments[27] - The net cash flow from financing activities was $154,435,409.44, a substantial increase from $12,745,657.60 in the previous period, showcasing improved financial health[27] - The company reported a net increase in cash and cash equivalents of $62,590,665.10, contrasting with a decrease of $5,475,806.81 in the prior period, indicating better liquidity management[27] Research and Development - Research and development expenses totaled ¥4,333,971.39, which accounted for 18.35% of operating revenue, an increase of 16.15 percentage points[6] - Research and development expenses for the first three quarters of 2021 amounted to CNY 11,931,327.34, an increase of 22.7% from CNY 9,731,075.42 in the previous year[20] Shareholder Information - The company reported a total of 34,330,000 shares held by the largest shareholder, accounting for 32.10% of total shares[13] - The number of shares held by the top ten unrestricted shareholders totaled 486,435 shares for the largest unrestricted shareholder[14] Inventory and Receivables - Accounts receivable increased to ¥330,153,907.68 from ¥304,395,526.59, showing a growth of about 8.5%[16] - Inventory levels rose to ¥66,113,755.35, up from ¥29,214,484.43, marking an increase of approximately 126.5%[17] Financial Health Indicators - The weighted average return on equity was 0.39%, a decrease of 7.53 percentage points compared to the same period last year[6] - The company experienced a significant decline in sales revenue, which was the primary reason for the drop in net profit and earnings per share[10] - The company did not apply the new leasing standards for the current financial year, indicating a potential area for future compliance and reporting adjustments[27]

2022 年第三季度报告 证券代码：688565 证券简称：力源科技 浙江海盐力源环保科技股份有限公司 2022 年第三季度报告 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： 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、主管会计工作负责人及会计机构负责人（会计主管人员）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 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 90,912,757.45 | 284.89 | 195,180,377.43 | 40. ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 15%[14]. - The company's operating revenue for the first half of 2022 was approximately CNY 104.27 million, a decrease of 9.24% compared to CNY 114.88 million in the same period last year[22]. - The net profit attributable to shareholders for the first half of 2022 was approximately CNY 10.52 million, down 10.61% from CNY 11.77 million year-on-year[22]. - The basic earnings per share for the first half of 2022 was CNY 0.07, a decline of 36.36% compared to CNY 0.11 in the previous year[20]. - The net cash flow from operating activities for the first half of 2022 improved significantly, with a net outflow of CNY 12.43 million, a 70.30% reduction compared to CNY 41.87 million in the previous year[22]. - The company's total assets at the end of the reporting period were approximately CNY 911.94 million, an increase of 3.86% from CNY 878.08 million at the end of the previous year[22]. - The weighted average return on net assets decreased to 1.64%, down 0.61 percentage points from 2.25% in the same period last year[20]. - The net profit after deducting non-recurring gains and losses was approximately CNY 6.40 million, a decrease of 44.95% compared to CNY 11.63 million in the previous year[22]. Research and Development - Investment in R&D has increased by 18%, focusing on sustainable technologies and innovations[14]. - The company's R&D expenditure accounted for 8.08% of operating revenue, an increase of 1.47 percentage points from 6.61% in the same period last year[20]. - The company has focused on the research and development of environmental water treatment systems and hydrogen fuel cell engine systems since its establishment[26]. - As of June 30, 2022, the company had a research and development personnel ratio of 47.10% and held 46 authorized patents, including 12 invention patents and 34 utility model patents[27]. - The company has developed several fuel cell system prototypes with power outputs ranging from 60kW to 112kW, which have passed national quality inspections[30]. - The company has achieved significant advancements in hydrogen fuel cell technology, including high-performance membrane electrodes and corrosion-resistant bipolar plates[40]. - The company has filed for 6 patents related to hydrogen fuel cell engine systems, demonstrating its commitment to innovation in this sector[41]. - The company is actively expanding its technology development in hydrogen fuel cell engine systems, having mastered core technologies related to these systems and key components[43]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by the end of 2023[14]. - The company has established partnerships with three new distributors to enhance product availability and customer service[14]. - The company is focusing on market expansion in the hydrogen fuel cell sector, which is expected to have broad market value due to its applications in various industries[43]. - The company plans to increase R&D investment in water treatment technologies and hydrogen fuel cell systems to enhance its product offerings and market competitiveness[68]. - The company is considering strategic acquisitions to enhance its product portfolio, with potential targets identified in the tech sector[101]. - The company is committed to becoming a leading technology-driven environmental protection enterprise, focusing on hydrogen fuel cell engine systems and expanding into other environmental water treatment areas[68]. Operational Challenges and Risks - The company has identified potential risks in supply chain disruptions, which could impact production timelines[4]. - The company faces risks related to R&D, including potential failures in developing new technologies and products that may not generate expected revenues[70]. - The company has a high customer concentration risk, with the top five clients contributing significantly to its revenue, which could impact financial stability if any major client faces issues[71]. - The company requires substantial working capital for its operations, particularly in the hydrogen fuel cell sector, where project payment cycles can extend up to 2-3 years[72]. Shareholder and Capital Management - The company did not propose any profit distribution or capital reserve fund transfer for the first half of 2022[91]. - The company granted 581,500 restricted stocks to 51 incentive objects at a grant price of 8.47 CNY per share[92]. - The company has committed to maintaining a dividend payout ratio of 30% of net income, ensuring shareholder returns while investing in growth[105]. - The company will strictly adhere to the lock-up period requirements as stated in the IPO prospectus and will not reduce its shareholding during this period[106]. - The company guarantees that there are no fraudulent activities related to its IPO and will take responsibility if it fails to meet the issuance conditions[107]. Technology and Innovation - The company has established a comprehensive technology system for environmental water treatment, including high tower method condensate treatment technology and heat membrane coupling seawater desalination technology[31]. - The company has successfully commercialized its hydrogen fuel cell systems, which have become an important part of its main business[26]. - The company has developed a comprehensive wastewater treatment technology, expanding its product range and securing 6 invention patents in the wastewater treatment equipment field[39]. - The company has successfully applied the heat-membrane coupling seawater desalination technology in a 100,000 tons/day project, making it the largest of its kind in China[37]. - The company has introduced a flexible talent recruitment mechanism for high-end R&D personnel, alongside a comprehensive training system for internal talent development[43]. Financial Health and Stability - The total amount of raised funds was CNY 251,182,500, with a net amount of CNY 198,405,234 after deducting issuance costs[126]. - The company has no significant litigation or arbitration matters during the reporting period[121]. - The company has not disclosed any temporary announcements regarding asset acquisitions or sales during the reporting period[122]. - The company has not engaged in any significant related party transactions during the reporting period[123]. - The company reported a total owner's equity of 630,423,927.08 RMB, unchanged from the previous period[185].

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with total revenue reaching RMB 500 million, representing a 25% year-over-year growth[12]. - The company's operating revenue for the first half of 2021 increased by 495.11% year-on-year, reaching approximately ¥99.46 million, primarily due to increased sales of water treatment system equipment[20]. - The net profit attributable to shareholders for the same period was approximately ¥8.15 million, a 202.03% increase compared to the previous year, driven by higher operating revenue[20]. - Basic earnings per share rose by 190.00% to ¥0.09, marking a turnaround from a loss in the previous year[19]. - The gross profit margin for the first half of 2021 improved to 35%, up from 30% in the same period last year[12]. - The company's total comprehensive income for the first half of 2021 was CNY 8,560,270.02, compared to a comprehensive loss of CNY 6,932,299.83 in the same period of 2020[170]. - The company's total profit for the first half of 2021 was CNY 8,730,196.04, compared to a loss of CNY 8,970,325.51 in the same period of 2020, showing a recovery in overall financial performance[169]. Market Expansion and Strategy - The company is expanding its market presence, targeting new regions in Southeast Asia, with plans to establish two new facilities by the end of 2022[12]. - A strategic acquisition of a local competitor is in progress, which is anticipated to increase market share by 10%[12]. - The company aims to expand its market presence in the nuclear and thermal power sectors, leveraging its proprietary technologies and patents[27]. - The company plans to enhance its production capacity in water treatment integration and reduce costs by self-producing key materials like PTFE membranes[53]. - The company aims to expand its business into other industrial water treatment sectors while maintaining its leading position in the nuclear and thermal power water treatment markets[59]. Research and Development - The company has allocated RMB 50 million for research and development in the upcoming year to foster innovation and technology advancements[12]. - The company's R&D investment totaled approximately ¥7.6 million, representing a 21.99% increase compared to the previous period[45]. - The company has developed several innovative wastewater treatment devices, including a solar-powered wastewater evaporation device and a multifunctional energy-saving continuous evaporation crystallization system[40]. - The company has established a core technical team of 66 members, making up 49.62% of the total workforce, with extensive experience in energy engineering and water treatment systems[41]. - The company has developed core technologies with independent intellectual property rights, including high tower condensate water treatment technology and thermal membrane coupling seawater desalination technology[36]. Sustainability and Environmental Commitment - The company has outlined a new strategy focusing on sustainability, aiming to reduce carbon emissions by 30% over the next five years[12]. - The company plans to invest CNY 540,000 in environmental protection facilities to reduce pollution from new projects, including dust and noise control measures[87]. - Wastewater management practices ensure that all wastewater meets the required discharge standards before entering municipal treatment facilities[88]. - The company has not been listed as a key pollutant discharge unit and has complied with environmental regulations, with no administrative penalties received[86]. Financial Position and Assets - The company's net assets increased by 49.32% to approximately ¥624.76 million, largely due to the public issuance of shares during the reporting period[20]. - The total assets amounted to ¥882,399,875.11, reflecting a growth of 21.27% compared to the previous year[58]. - The company's total liabilities as of June 30, 2021, are ¥255,040,228.25, down from ¥306,808,961.64 at the end of 2020[157]. - Cash and cash equivalents increased by 201.16% to CNY 178,811,589.55, up from CNY 59,375,184.19 in the previous year[73]. Shareholder and Governance - The company has proposed no profit distribution or capital reserve fund transfer for the half-year period, with no dividends or stock bonuses planned[83]. - The company will adhere to the lock-up period as specified in the IPO prospectus and will not reduce its shareholding during this period[106]. - The company has established a framework for profit distribution that includes necessary procedures to protect investor rights[113]. - The company will ensure compliance with all legal and regulatory requirements related to shareholding and reductions[106]. Risks and Challenges - The company faces risks related to customer concentration, with the top five clients accounting for a significant portion of revenue[63]. - The company imports 20-30% of its components, which poses a risk if international trade conditions change adversely[65]. - The company has a tax rate of 15% due to its high-tech enterprise status, which could be affected by changes in tax policies[67].

Financial Performance - The company's operating revenue for Q1 2023 was ¥42,764,250.30, representing a year-on-year increase of 3.10%[5] - The net profit attributable to shareholders was -¥3,600,243.73, a decrease of 159.08% compared to the same period last year[5] - The total operating profit for Q1 2023 was -3,426,601.85, down from 7,010,688.72 in the same period last year[22] - The net profit attributable to shareholders of the parent company for Q1 2023 was -3,600,243.73, compared to a profit of 6,093,968.43 in Q1 2022, representing a significant decline[20] - The basic and diluted earnings per share were both -¥0.02, a decrease of 133.33% year-on-year[6] - The basic and diluted earnings per share for Q1 2023 were both -0.02, compared to 0.06 in Q1 2022[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥36,366,508.99, reflecting a decline of 956.59% year-on-year[6] - The company's cash and cash equivalents decreased to CNY 81,955,842.65 as of March 31, 2023, down from CNY 101,785,840.66 at the end of 2022, a decline of 19.5%[14] - The cash and cash equivalents at the end of Q1 2023 were 54,686,837.63, down from 156,213,988.92 at the end of Q1 2022[23] - The total operating cash outflow for Q1 2023 was 109,721,807.24, compared to 74,693,449.01 in Q1 2022, indicating increased cash outflow[22] - The company reported total cash inflow from financing activities of 36,377,255.82 in Q1 2023, compared to 59,464,674.60 in Q1 2022[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,018,060,352.24, an increase of 5.99% from the end of the previous year[6] - Total assets as of March 31, 2023, amounted to CNY 1,018,060,352.24, up from CNY 960,565,681.70 at the end of 2022, an increase of 6.0%[16] - Total liabilities increased to CNY 438,032,546.41 from CNY 379,614,197.77, representing a rise of 15.4%[16] - The company's equity attributable to shareholders decreased slightly to CNY 580,027,805.83 from CNY 580,951,483.93, a decrease of 0.2%[16] Operational Efficiency and Strategy - The company reported a net loss for Q1 2023, with total costs exceeding total revenue, indicating a need for strategic adjustments[18] - The company is focusing on improving operational efficiency and exploring new market opportunities to enhance future performance[18] Research and Development - Research and development expenses totaled ¥4,127,014.99, accounting for 9.65% of operating revenue, a decrease of 0.42 percentage points[6] - Research and development expenses for Q1 2023 were 4,127,014.99, slightly down from 4,177,101.68 in Q1 2022[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,986[11] - The largest shareholder, Shen Wanzhong, held 31.33% of the shares, totaling 49,462,000 shares[11] Credit and Financial Expenses - The company incurred financial expenses of 914,401.40 in Q1 2023, with interest expenses amounting to 924,047.07[22] - The company reported a significant increase in credit impairment losses, totaling 2,008,737.97 in Q1 2023, compared to 6,552,517.26 in Q1 2022[22]

Financial Performance - The company's operating revenue for Q1 2022 was CNY 41,478,451.92, representing a year-on-year increase of 2.70%[5] - Net profit attributable to shareholders of the listed company reached CNY 6,093,968.43, marking a significant increase of 46.42% compared to the same period last year[5] - The net profit for Q1 2022 was CNY 6,093,968.43, an increase from CNY 4,162,032.00 in Q1 2021, representing a growth of approximately 46.3%[21] - Operating profit for Q1 2022 reached CNY 7,010,688.72, compared to CNY 4,214,365.51 in the same period last year, indicating a year-over-year increase of about 66.5%[21] - The total comprehensive income for Q1 2022 was CNY 6,093,968.43, up from CNY 4,162,032.00 in the same quarter of the previous year, indicating a growth of approximately 46.3%[22] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.06, compared to CNY 0.05 in Q1 2021, reflecting a 20% increase[22] Operating Costs and Expenses - Total operating costs for Q1 2022 were CNY 45,566,926.31, up from CNY 35,805,144.42 in Q1 2021, indicating an increase of about 27.3%[20] - Operating costs included CNY 36,645,590.34 in cost of goods sold, which rose from CNY 28,235,369.44 in the previous year, reflecting a 29.8% increase[20] - Research and development expenses totaled CNY 4,177,101.68, accounting for 10.07% of operating revenue, which is an increase of 0.37 percentage points[6] - R&D expenses for Q1 2022 were CNY 4,177,101.68, compared to CNY 3,915,733.62 in Q1 2021, marking an increase of approximately 6.7%[20] - The company's financial expenses for Q1 2022 were CNY 39,251.71, compared to CNY 819,014.38 in Q1 2021, showing a significant reduction[21] Cash Flow and Investments - The net cash flow from operating activities was CNY 4,245,513.17, reflecting a substantial increase of 116.27%[6] - Cash flow from operating activities generated a net amount of CNY 4,245,513.17, a significant recovery from a negative cash flow of CNY -26,087,910.15 in Q1 2021[26] - The company reported a net cash increase of CNY 46,580,266.17 in Q1 2022, contrasting with a decrease of CNY -21,615,946.94 in Q1 2021[27] - The cash outflow from investing activities was CNY 5,252,870.00, compared to CNY 4,524,030.80 in the previous year, indicating an increase in investment spending[27] - The cash inflow from financing activities totaled CNY 59,464,674.60, a substantial increase from CNY 22,244,330.83 in Q1 2021, highlighting improved financing efforts[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 918,645,507.77, up 4.62% from the end of the previous year[6] - Total assets as of March 31, 2022, amounted to CNY 918,645,507.77, compared to CNY 878,081,683.97 at the end of 2021, reflecting an increase of approximately 4.6%[18] - Total liabilities as of March 31, 2022, were CNY 281,402,110.25, up from CNY 247,657,756.89 at the end of 2021, indicating an increase of about 13.6%[17] - The company's equity attributable to shareholders was CNY 637,243,397.52 as of March 31, 2022, slightly up from CNY 630,423,927.08 at the end of 2021, showing a marginal increase of about 1.3%[18] - Accounts receivable as of March 31, 2022, were CNY 257,143,691.89, down from CNY 270,941,506.33 at the end of 2021, indicating a decrease of approximately 5.1%[16] - Inventory as of March 31, 2022, was CNY 77,385,016.07, an increase from CNY 66,740,403.91 at the end of 2021, reflecting a growth of about 15.9%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,259[12] - The largest shareholder, Shen Wanzhong, holds 31.33% of the shares, totaling 35,330,000 shares[12] - The company received government subsidies related to major technical equipment, contributing to the increase in net profit[9] Other Financial Metrics - The weighted average return on net assets was 0.93%, a decrease of 0.06 percentage points[6]

Financial Performance - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares, totaling 22,553,000 RMB, which accounts for 61.55% of the net profit attributable to shareholders for 2021[5]. - The company has not yet achieved profitability since its listing[4]. - In 2021, the company's operating revenue was CNY 316,400,916.59, an increase of 16.90% compared to the previous year, primarily due to the growth in revenue from desalination system equipment[24]. - The net profit attributable to shareholders was CNY 13,627,698.15, a decrease of 69.07% year-on-year, mainly due to lower gross margins on certain projects[24]. - The net cash flow from operating activities was -CNY 23,290,141.64, a decline of 195.41% compared to the previous year, attributed to rapid project advancement and increased procurement scale[24]. - The net cash flow from investing activities was -CNY 73,479,069.45, a decrease of 231.37% year-on-year, primarily due to fixed asset acquisitions[24]. - The net cash flow from financing activities was CNY 174,217,920.53, an increase of 8,609.64% compared to the previous year, mainly from funds raised through the initial public offering[24]. - Basic earnings per share for 2021 were CNY 0.14, down 74.55% from CNY 0.55 in 2020[23]. - The company reported a significant increase in inventory levels, impacting cash flow and operational efficiency[24]. Research and Development - The company began research and development of hydrogen fuel cell engine systems in 2021, with successful testing of the prototype in the second half of the year[33]. - The company holds 43 authorized patents, with a research and development personnel ratio of 41.50% as of the end of 2021[36]. - The company has successfully developed and tested multiple fuel cell system prototypes, including the HYPSR-02 and HYPSR-03, which have passed national quality inspections and are ready for commercial production[61]. - The total R&D investment for the year was ¥15,822,353.54, a decrease of 11.23% compared to the previous year, with R&D investment accounting for 5.00% of operating revenue[95]. - The company has developed six invention patents in the field of integrated wastewater treatment technology, expanding its product range and business scope[91]. Market Position and Strategy - The company has established a strong market position in the nuclear and thermal power industries, providing condensate water treatment systems for 14 operational nuclear power units as of the end of 2021[78]. - The company is actively pursuing international expansion under the "Belt and Road" initiative, having already participated in significant overseas projects, including the supply of condensate water treatment systems for the "Hualong One" nuclear power project in Pakistan[146]. - The company aims to expand its hydrogen fuel cell engine system business, which has already seen successful prototype testing and order fulfillment in 2022, becoming a key component of its main business[143]. - The company is focusing on developing mobile water treatment platforms to enhance equipment utilization and meet emergency water treatment needs[81]. - The company is dedicated to maintaining its leading position in the nuclear and thermal power water treatment markets while exploring new opportunities in other environmental water treatment sectors[141]. Governance and Management - The board of directors held 9 meetings, the supervisory board held 6 meetings, and 3 shareholder meetings during the reporting period, ensuring compliance with governance regulations[151]. - The company has established specialized committees under the board, including a strategy committee and an audit committee, to support efficient decision-making[151]. - The company has implemented a training mechanism to enhance employee skills and overall quality, aligning with its rapid development needs[148]. - The company has established a governance structure involving the shareholders' meeting, board of directors, independent directors, supervisory board, and senior management to ensure effective internal control[190]. - The company has not reported any significant issues regarding independence from its controlling shareholders, ensuring operational autonomy[151]. Environmental and Sustainability Initiatives - The company actively engages in ESG management, integrating ESG factors into daily operations and monitoring significant ESG risks and opportunities[193]. - The company promotes resource conservation and energy-saving practices, advocating for green office initiatives and reducing unnecessary consumption of resources[196]. - The company has implemented measures to reduce carbon emissions, aligning with national "dual carbon" goals and promoting low-carbon living among employees[200]. - The company recognizes the importance of environmental protection policies and aims to leverage these for sustainable growth in the water treatment sector[140]. - The company has established a comprehensive environmental management system and conducts regular training to enhance employee awareness of environmental protection[198].

Financial Performance - The company has not achieved profitability since its listing [4]. - In 2022, the company's operating revenue was CNY 203,153,854.95, a decrease of 35.79% compared to the previous year [25]. - The net profit attributable to shareholders was -CNY 36,321,775.04, representing a decline of 366.53% year-on-year [25]. - The net cash flow from operating activities was -CNY 62,064,974.42, down 166.49% from the previous year, primarily due to increased procurement scale [25]. - The net cash flow from financing activities was CNY 80,558,896.44, a decrease of 51.35% compared to the previous year, due to significant fundraising from the IPO in 2021 [25]. - Basic earnings per share for 2022 were -CNY 0.25, a decrease of 278.57% compared to CNY 0.14 in 2021 [23]. - The total non-recurring gains and losses amounted to ¥5,923,141.67, a decrease from ¥8,221,169.98 in the previous year [30]. Assets and Liabilities - Total assets at the end of 2022 were CNY 960,565,681.70, an increase of 9.39% compared to CNY 878,081,683.97 at the end of 2021 [22]. - The company's net assets attributable to shareholders decreased by 7.85% to CNY 580,951,483.93 at the end of 2022 [22]. - The company’s cash flow from operating activities is low, which may lead to liquidity risks if the business scale continues to expand without corresponding cash flow growth [144]. - The company reported a total of ¥111.02 million in restricted assets, including cash and receivables, due to bank guarantees [173]. Research and Development - The R&D expenditure as a percentage of operating revenue increased to 8.98%, up 3.98 percentage points from 5.00% in 2021 [23]. - The total R&D investment for the year was approximately ¥18.24 million, representing a 15.30% increase from the previous year [114]. - The company has a complete fuel cell R&D, production, and sales system, with core technical personnel having extensive industry experience [109]. - The company has successfully developed key technologies in four areas: membrane electrodes, bipolar plates, hydrogen fuel cell stacks, and hydrogen fuel cell engine systems [131]. - The company has filed for 10 new invention patents during the reporting period, with a total of 89 applications filed to date [112]. Market Position and Strategy - The company aims to become a leading technology-driven environmental enterprise, aligning with national ecological and energy-saving policies [35]. - The company has established a strong market position in the nuclear and thermal power industries, supplying condensate water treatment systems for 14 out of 54 operational nuclear power units in China, with a total installed capacity of 55.663 million kW [87]. - The company is actively involved in the development of intelligent power station equipment and chemical dosing systems, expanding its service offerings in the water treatment sector [42]. - The company is focusing on the development of key technologies for seawater and brackish water resource utilization, including high-value processing technologies for seawater extraction of potassium and bromine [76]. Governance and Compliance - The board of directors and supervisory board have confirmed the authenticity and completeness of the annual report [4]. - The company has established a governance structure compliant with legal regulations, holding 13 board meetings, 9 supervisory meetings, and 4 shareholder meetings during the reporting period [195]. - The company has not disclosed any special arrangements for corporate governance [8]. Risks and Challenges - The audit report issued by Zhonghui Certified Public Accountants includes an emphasis on significant uncertainties regarding the company's ability to continue as a going concern [7]. - The company faces risks related to market competition, particularly in the water treatment equipment and system integration sectors [139]. - The concentration of customers poses a risk, with the top five clients accounting for a significant portion of the company's revenue [140]. Innovation and Technology - The company is focusing on developing advanced hydrogen production and storage technologies to support the hydrogen energy industry [83]. - The company has developed hydrogen fuel cell engine systems, with prototypes achieving rated outputs of 60kW to 112kW, and has successfully commercialized the HYPSR-03 series fuel cell system [63]. - The company is leveraging IoT technology to create a highly intelligent water treatment operation system, enhancing operational efficiency and reducing costs [91]. - The company has established a comprehensive technology system for environmental water treatment, integrating research, design, and system integration capabilities [97]. Environmental Impact and Sustainability - The company is committed to promoting low-cost, high-efficiency wastewater treatment equipment and technologies for zero discharge in high-salinity wastewater [75]. - The government emphasizes the importance of ecological civilization, integrating it into national strategy and promoting green development [75]. - The company aims to achieve a total seawater desalination capacity of over 2.9 million tons per day by 2025, with an additional capacity of 1.25 million tons per day planned [77].

Financial Performance - The company's operating revenue for Q1 2023 was ¥42,764,250.30, representing a year-on-year increase of 3.10%[5] - The net profit attributable to shareholders was -¥3,600,243.73, a decrease of 159.08% compared to the same period last year[5] - The total operating profit for Q1 2023 was -3,426,601.85 yuan, down from 7,010,688.72 yuan in the same period last year[22] - The net profit attributable to the parent company for Q1 2023 was -3,600,243.73 yuan, compared to a profit of 6,093,968.43 yuan in Q1 2022, representing a significant decline[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥36,366,508.99, reflecting a decline of 956.59%[6] - The total cash and cash equivalents at the end of Q1 2023 were 54,686,837.63 yuan, down from 156,213,988.92 yuan at the end of Q1 2022[23] - The company's cash and cash equivalents decreased to CNY 81,955,842.65 as of March 31, 2023, down from CNY 101,785,840.66 at the end of 2022, a decline of 19.5%[14] - The total cash inflow from financing activities in Q1 2023 was 36,377,255.82 yuan, down from 59,464,674.60 yuan in Q1 2022[23] - The company reported a decrease in total operating cash inflows to 73,355,298.25 yuan in Q1 2023 from 78,938,962.18 yuan in Q1 2022[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,018,060,352.24, a slight increase of 0.16% from the end of the previous year[6] - Total assets reached CNY 1,018,060,352.24 as of March 31, 2023, compared to CNY 960,565,681.70 at the end of 2022, marking a growth of 6.0%[16] - Total liabilities increased to CNY 438,032,546.41 as of March 31, 2023, up from CNY 379,614,197.77 at the end of 2022, an increase of 15.4%[16] Shareholder Information - The equity attributable to shareholders was ¥580,027,805.83, showing a decrease of 5.99% compared to the previous year[6] - The company’s equity attributable to shareholders was CNY 580,027,805.83 as of March 31, 2023, slightly down from CNY 580,951,483.93 at the end of 2022, a decrease of 0.2%[16] - The total number of ordinary shareholders at the end of the reporting period was 5,986[10] Research and Development - Research and development expenses totaled ¥4,127,014.99, accounting for 9.65% of operating revenue, a decrease of 0.42 percentage points[6] - Research and development expenses for Q1 2023 were 4,127,014.99 yuan, slightly down from 4,177,101.68 yuan in Q1 2022[22] Operational Costs - Total operating costs for Q1 2023 were CNY 48,548,385.36, up from CNY 45,566,926.31 in Q1 2022, representing an increase of 6.5%[18] - The company reported a net loss for Q1 2023, with total operating costs exceeding total operating revenue[18] Other Financial Metrics - The basic and diluted earnings per share were both ¥0.02[6] - The weighted average return on net assets was -0.62%[6] - The company incurred financial expenses of 914,401.40 yuan in Q1 2023, compared to 39,251.71 yuan in Q1 2022, with interest expenses rising to 924,047.07 yuan[22] - The company experienced a credit impairment loss of 2,008,737.97 yuan in Q1 2023, compared to 6,552,517.26 yuan in Q1 2022[22] - The company reported non-recurring gains of ¥673,010.87 after tax[8] Future Outlook - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[17]

浙江海盐力源环保科技股份有限公司 投资者关系活动记录表 股票简称：力源科技 股票代码：688565 编号：2022-001 | --- | --- | --- | |------------------------|---------------------------------------------------------------------|-------------------------------------------------------------------------------------| | | | | | | ▊ 特定对象调研 | 分析师会议 | | | 媒体采访 | 业绩说明会 | | 投资者关系活动类别 | 新闻发布会 | 路演活动 | | | 现场参观 | 其他： _________ | | 参与单位名称及人员姓名 | 安信证券股份有限公司 | 周喆、朱心怡 | | 时间 | 2022 年 7 月 11 日 10:30-11:45 | | | 地点 | 力源科技公司二楼会议室 | | | 公司接待人员姓名 | 公司董事长、总经理 沈万中 公司副总经理、董事会秘书兼财 ...