合肥江航飞机装备股份有限公司独立董事关于 公司第二届董事会第七次会议相关事项的独立意见 合肥江航飞机装备股份有限公司（以下简称"公司"）于 2023 年 8 月 28 日召开第二届董事会第七次会议。我们作为公司的独立董事，对公司董事会审 议的以下议案发表独立意见如下： 一、《关于使用部分暂时闲置募集资金进行现金管理的议案》 我们认为，公司使用部分暂时闲置募集资金进行现金管理，是在确保不影 响公司日常经营，保证公司募集资金投资项目建设和使用并有效控制风险的前 提下进行的，公司相关内控程序健全，不存在变相改变募集资金投向和损害股 东利益的情形，且可以有效提高募集资金使用效率，保障股东的利益，符合 《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》和《上市公司监管指引第 2 号——上市公司 募集资金管理和使用的监管要求》等相关法律法规及规范性文件的规定。公司 董事会在审议此事项时，审议程序和表决程序符合法律、法规以及《公司章程》 的规定。 综上，我们一致同意公司本次使用闲置募集资金进行现金管理事项。 二、《合肥江航飞机装备股份有限公司关于中航工业集团财务 有限责 ...

中信证券股份有限公司、中航证券有限公司 关于合肥江航飞机装备股份有限公司 一、募集资金基本情况 中国证券监督管理委员会于 2020 年 7 月 6 日下发《关于同意合肥江航飞机 装备股份有限公司首次公开发行股票注册的批复》（证监许可〔2020〕1344 号 文），同意公司首次公开发行股票的注册申请。公司获准向社会公开发行人民币 普通股 10,093.61 万股，每股面值为 1 元，每股发行价格为 10.27 元，募集资金 总额为 103,661.39 万元，扣除各项发行费用（不含税）人民币 9,568.06 万元后， 实际募集资金净额为人民币 94,093.34 万元。中审众环会计师事务所（特殊普通 合伙）于 2020 年 7 月 28 日出具"众环验字（2020）020027 号"《验资报告》。 为规范公司募集资金的管理和使用，保护投资者权益，公司设立了募集资金 专项账户。募集资金到账后，已全部存放于经公司董事会批准开设的募集资金专 项账户内，公司已与保荐机构、募集资金开户行签署了《募集资金专户存储四方 监管协议》。 二、募集资金使用情况 按照《合肥江航飞机装备股份有限公司首次公开发行股票并在科创板上市招 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 305,175,006.16, representing a year-on-year increase of 13.65%[5] - The net profit attributable to shareholders for the same period was CNY 60,206,675.54, reflecting a growth of 6.38% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 53,622,250.24, which increased by 13.10% year-on-year[5] - Total revenue for Q1 2023 reached ¥305,175,006.16, an increase of 13.66% compared to ¥268,522,580.07 in Q1 2022[16] - Operating profit for Q1 2023 was ¥67,709,242.95, up from ¥62,205,087.40 in Q1 2022, reflecting a growth of 8.06%[17] - Net profit for Q1 2023 was ¥60,206,675.54, compared to ¥56,595,989.40 in Q1 2022, indicating an increase of 9.06%[18] - The company reported a total comprehensive income of ¥60,206,675.54 for Q1 2023, compared to ¥56,595,989.40 in Q1 2022, reflecting an increase of 6.67%[18] Earnings and Shareholder Metrics - The basic earnings per share for Q1 2023 was CNY 0.11, down by 21.43% compared to the same period last year[6] - The weighted average return on equity was 2.52%, a decrease of 0.3 percentage points from the previous year[6] - Basic earnings per share for Q1 2023 were ¥0.11, down from ¥0.14 in Q1 2022, a decline of 21.43%[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,560,829,726.14, a decrease of 1.15% from the end of the previous year[6] - The equity attributable to shareholders at the end of the reporting period was CNY 2,420,047,692.60, an increase of 2.51% compared to the previous year[6] - Total liabilities decreased to ¥1,140,782,033.54 in Q1 2023 from ¥1,241,221,746.03 in Q1 2022, a reduction of approximately 8.12%[15] - Total equity increased to ¥2,420,047,692.60 in Q1 2023 from ¥2,360,872,861.80 in Q1 2022, representing a growth of 2.53%[15] Cash Flow - The net cash flow from operating activities was negative at CNY -130,531,888.18, which is not applicable for year-on-year comparison[6] - In Q1 2023, the cash inflow from operating activities totaled $93,275,600.10, slightly up from $92,180,071.07 in Q1 2022, representing an increase of approximately 1.2%[20] - The cash outflow from operating activities was $223,807,488.28, down from $272,420,878.26 in Q1 2022, indicating a decrease of about 17.9%[21] - The net cash flow from operating activities was -$130,531,888.18, an improvement from -$180,240,807.19 in the same quarter last year[21] - Cash inflow from investment activities reached $1,142,453,507.28, significantly higher than $584,538,191.78 in Q1 2022, marking an increase of approximately 95.4%[21] - The net cash flow from investment activities was $527,499,249.98, compared to $27,533,278.38 in Q1 2022, reflecting a substantial increase of about 1,815.5%[21] - The cash inflow from financing activities was $20,800.00, while cash outflow totaled $914,100.00, resulting in a net cash flow of -$914,100.00[22] - The net increase in cash and cash equivalents for the quarter was $396,053,261.80, with a closing balance of $1,426,174,198.82[22] Research and Development - Research and development expenses totaled CNY 34,242,577.00, accounting for 11.22% of operating revenue, an increase of 0.98 percentage points[6] - Research and development expenses for Q1 2023 were ¥17,467,040.33, slightly down from ¥18,951,471.11 in Q1 2022, a decrease of 7.81%[16] Current and Non-Current Assets - Accounts receivable increased to RMB 530,059,181.70 from RMB 360,260,942.19, reflecting a rise of about 47.1%[13] - Total current assets decreased slightly to RMB 2,822,642,390.16 from RMB 2,881,302,461.38, a decline of approximately 2.0%[14] - Non-current assets increased to RMB 738,187,335.98 from RMB 720,792,146.45, showing a growth of about 2.0%[14] - Total assets as of March 31, 2023, were RMB 3,560,829,726.14, down from RMB 3,602,094,607.83, a decrease of approximately 1.2%[14] Inventory and Other Assets - The company is actively managing its inventory, which decreased to RMB 659,263,529.66 from RMB 699,900,567.66, a decline of about 5.8%[13] - The company reported a decrease in accounts payable to RMB 477,451,680.39 from RMB 427,932,596.41, an increase of about 11.6%[14] - The company has ongoing investments in fixed assets totaling RMB 544,149,941.90, down from RMB 552,206,922.55, a decrease of approximately 1.5%[14] Shareholder Information - The top shareholder, AVIC Aircraft Systems Co., Ltd., holds 41.02% of the shares, with a total of 231,851,690 shares[10] - The company has a significant number of shareholders, with the largest shareholder holding 34,840,260 shares of common stock, indicating strong institutional support[11]

证券代码：688586 证券简称：江航装备 公告编号：2023-010 合肥江航飞机装备股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频直播和网络互动 投资者可于 2023 年 03 月 30 日(星期四)至 04 月 06 日(星期 四)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 hkgy@jianghang.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。 合肥江航飞机装备股份有限公司（以下简称"公司"）已于 2023 年 3 月 15 日在上海证券交易所网站（www.sse.com.cn）披露了《江 航装备 2022 年年度报告》，为便于广大投资者更全面深入地了解公 司 2022 年度经营成果、财务状况，公司计划于 2023 年 04 月 07 日 (星期五)上午 10:00-11:30 举行 2022 ...

Financial Performance - The company's operating revenue for 2022 was CNY 1,114,928,450.26, representing a 16.96% increase compared to CNY 953,287,337.44 in 2021[22]. - The net profit attributable to shareholders for 2022 was CNY 243,990,970.18, a 5.55% increase from CNY 231,164,291.13 in 2021[22]. - Basic earnings per share for 2022 were CNY 0.43, down 24.56% from CNY 0.57 in 2021[23]. - The net cash flow from operating activities decreased by 47.40% to CNY 169,031,098.41, primarily due to a decline in customer advance payments[24]. - The company's total assets at the end of 2022 were CNY 3,602,094,607.83, a 3.36% increase from CNY 3,485,059,421.19 at the end of 2021[22]. - The weighted average return on equity for 2022 was 11.28%, a decrease of 0.29 percentage points from 11.57% in 2021[23]. - The net profit after deducting non-recurring gains and losses was CNY 203,112,797.99, a slight increase of 1.32% from CNY 200,473,202.91 in 2021[22]. Dividend and Share Capital - The company plans to distribute a cash dividend of 1.8 RMB per 10 shares, totaling approximately 101.74 million RMB, which represents 41.70% of the net profit attributable to shareholders[5]. - The company intends to increase its total share capital from 565,242,254 shares to 791,339,156 shares by issuing 4 additional shares for every 10 shares held, resulting in a total of 226,096,902 new shares[6]. - As of December 31, 2022, the profit available for distribution to shareholders was approximately 510.66 million RMB[5]. Audit and Compliance - The company received a standard unqualified audit report from Da Hua Accounting Firm[5]. - The company’s board of directors and management have confirmed the accuracy and completeness of the annual report[4]. - The company has no non-operating fund occupation by controlling shareholders or related parties[8]. - The company has no violations in decision-making procedures for providing guarantees[8]. - The company emphasizes that forward-looking statements in the report do not constitute substantive commitments to investors[7]. Research and Development - Research and development expenses accounted for 12.43% of operating revenue in 2022, an increase of 0.17 percentage points from 12.26% in 2021[23]. - The total R&D investment for the year was CNY 138,625,054.70, an increase of 18.62% compared to CNY 116,865,011.62 in the previous year[62]. - The company applied for 123 patents in 2022, with 89 being invention patents, accounting for 72% of the total[60]. - The company has developed advanced technologies for military air conditioning systems, ensuring reliable operation under extreme conditions[58]. - The company is actively engaged in the research and development of new technologies and products to meet the demands of military applications[58]. Market and Business Strategy - The company plans to enhance market awareness and customer focus to drive steady growth across all business segments[24]. - The company focused on reducing costs, improving quality, and increasing efficiency, while expanding market depth and breadth[34]. - The company is committed to expanding its market presence in the aviation and refrigeration industries, targeting key projects such as the CR929 oxygen system and AC313A helicopter oxygen system[127]. - The company aims to achieve a quality-driven development strategy, focusing on improving production efficiency and product reliability through technological advancements[126]. Risk Management - The company has outlined potential risks in its report, which investors should be aware of[4]. - The company faces risks related to core competitiveness, particularly in technology upgrades and meeting customer demands[79]. - The company is exposed to operational risks due to high customer concentration and potential changes in procurement policies[81]. - The company's future performance may be adversely affected by fluctuations in military orders due to changes in international relations and national defense spending[85]. Governance and Management - The company completed the election of the second board of directors and supervisory board on September 16, 2022[133]. - A total of 5 shareholder meetings were held in 2022, with 24 proposals reviewed at the shareholder meetings and 58 proposals at the board meetings[134]. - The company has established a governance structure with 9 directors, including 7 external directors and 3 independent directors[133]. - The company has implemented various internal management and control systems to ensure the rights and obligations of shareholders, directors, supervisors, and senior management are upheld[133]. Environmental and Social Responsibility - The company invested over 3 million RMB in safety production, ensuring no safety accidents occurred throughout the year[194]. - The company conducted environmental management with an investment of 720,000 RMB in environmental protection measures during the reporting period[197]. - The company achieved a 100% compliance rate in the disposal of hazardous waste, processing 70.8165 tons of hazardous waste in 2022[200]. - The company organized volunteer service activities with over 650 employee participations and allocated 137,700 RMB for special funds in 2022[195].

证券代码：688586 证券简称：江航装备 合肥江航飞机装备股份有限公司 投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |--------------|---------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥296,658,115.73, representing a year-on-year increase of 22.76%[7] - The net profit attributable to shareholders for the same period was ¥75,093,121.22, with a year-on-year growth of 7.36%[7] - The net profit after deducting non-recurring gains and losses reached ¥66,864,500.82, reflecting a 7.74% increase compared to the previous year[7] - Total operating revenue for the first three quarters of 2022 reached ¥882,981,240.21, an increase of 22.0% compared to ¥723,822,256.02 in the same period of 2021[39] - Net profit for the third quarter of 2022 was ¥222,492,886.06, compared to ¥198,116,742.16 in the previous year, marking an increase of 12.2%[41] - The total comprehensive income for the third quarter was ¥222,492,886.06, an increase from ¥198,116,742.16 in the previous year[45] Earnings and Shares - The basic earnings per share for Q3 2022 was ¥0.19, reflecting an increase of 11.76% year-on-year[11] - The diluted earnings per share also stood at ¥0.19, with a similar year-on-year increase of 11.76%[11] - Basic and diluted earnings per share for the third quarter were both ¥0.55, up from ¥0.49 in the same quarter of 2021[45] Research and Development - Research and development (R&D) expenses totaled ¥40,257,829.05 in Q3 2022, marking a 32.19% increase year-on-year[11] - R&D expenses accounted for 13.57% of operating revenue, up by 0.97 percentage points from the previous year[11] - Research and development expenses for the first three quarters of 2022 were ¥53,589,180.11, up from ¥33,355,383.02, indicating a significant increase of 60.5%[39] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,459,435,220.13, a decrease of 0.74% compared to the end of the previous year[11] - The equity attributable to shareholders increased to ¥2,236,821,741.76, showing a year-on-year growth of 7.32%[11] - Total liabilities decreased to ¥1,222,613,478.37 from ¥1,400,735,398.74, a reduction of approximately 12.7%[35] - The company's current liabilities included accounts payable of CNY 495.79 million, which increased from CNY 451.12 million, marking an increase of approximately 9.9%[33] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥219,489,236.97, a decline of 247.38% compared to the same period last year[11] - Cash flow from operating activities for the first three quarters of 2022 was ¥340,243,446.44, a decrease from ¥795,854,506.64 in the same period of 2021[47] - The net cash flow from operating activities was -$219,489,236.97, a significant decrease compared to $148,923,643.48 in the previous period, indicating a decline in operational performance[50] - The total cash and cash equivalents at the end of the period were $645,424,912.81, down from $1,317,478,752.23, indicating a significant decrease in liquidity[52] Investment Activities - Cash inflow from investment activities totaled $736,377,202.73, up from $590,500,000.00, reflecting an increase in investment recovery[50] - The net cash flow from investment activities was -$19,594,779.19, a decrease from $1,587,611.90, suggesting challenges in investment returns[50] - The company received $730,000,000.00 from investment recoveries, which is an increase from $590,000,000.00, highlighting successful investment strategies[50] Cost Management - Total operating costs for the same period were ¥656,947,627.62, up from ¥514,445,382.12, reflecting a growth of 27.7%[39] - Cash paid for purchasing goods and services was $302,723,219.87, down from $397,122,771.26, reflecting cost management efforts[50] - Cash paid to employees increased to $210,686,180.32 from $190,169,433.01, indicating rising labor costs[50]

证券代码：688586 证券简称：江航装备 公告编号：2022-026 合肥江航飞机装备股份有限公司 关于参加安徽辖区上市公司 2022 年投资者 网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，合肥江航飞机装备股份有限公司（以下 简称"公司"）将参加由安徽证监局指导、安徽上市公司协会与深圳市全景网络 有限公司联合举办的"安徽辖区上市公司 2022 年投资者网上集体接待日活动"， 现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP,参与本 次互动交流，活动时间为 2022 年 9 月 7 日（周三）14：00-17：00。届时公司高 管将在线就公司 2022 年半年度业绩、公司治理、发展战略、经营状况、融资计 划、股权激励和可持续发展等投资者关心的问题与投资者进行沟通与交流。 欢迎广大投资者踊跃参与。 特此公告。 合肥江航飞机装备股份有限公 ...

Capital Structure and Financial Performance - The company plans to increase its share capital by 161,497,787 shares, resulting in a total share capital of 565,242,254 shares after the increase[7]. - As of June 30, 2022, the company's capital reserve balance was RMB 1,225,347,543.68[7]. - The company will not distribute cash dividends or bonus shares during this profit distribution[7]. - The company’s total share capital as of June 30, 2022, was 403,744,467 shares[7]. - The company achieved operating revenue of CNY 586,323,124.48 in the first half of 2022, representing a year-on-year increase of 21.60%[27]. - Net profit attributable to shareholders was CNY 147,399,764.84, up 15.00% compared to the same period last year[27]. - The total equity attributable to the parent company was 2.16 billion yuan, reflecting a year-on-year increase of 3.71%[1]. - The company’s profit distribution plan does not include cash dividends or stock dividends for the current period[127]. - The company emphasizes shareholder returns and will prioritize cash dividends in its profit distribution policy[167]. - The profit distribution policy emphasizes cash dividends, with a minimum cash dividend ratio of 80% for mature companies without major capital expenditures[199]. Risks and Compliance - The company is subject to various risks as outlined in the "Management Discussion and Analysis" section of the report[5]. - The company has received a standard unqualified audit report from Dahua Certified Public Accountants[6]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[11]. - The company has no major changes in business types or profit sources during the reporting period[107]. - The company has not faced any administrative penalties related to environmental issues during the reporting period, indicating compliance with regulations[138]. - The company will ensure compliance with relevant laws and regulations during any share repurchase or increase in holdings[159]. - The company commits to strict compliance with the relevant laws and regulations regarding corporate governance and will not engage in unrelated fund transactions with its subsidiaries[182]. Research and Development - Research and development expenses accounted for 9.62% of operating revenue, up from 8.87% in the previous year[29]. - The company reported a total R&D investment of ¥42,784,768.76, representing a year-on-year increase of 31.86%[72]. - The company applied for 40 new patents during the reporting period, with 27 patents granted, bringing the cumulative total to 1,140 applications and 613 grants[71]. - The number of R&D personnel increased to 213, representing 15.57% of the total workforce, up from 191 and 14.24% respectively in the previous year[85]. - The company has developed core technologies that are internationally leading, including oxygen regulation technology and onboard molecular sieve oxygen generation technology, making China the fourth country to master these technologies[89]. - The company has established a comprehensive quality management system and has received multiple certifications, including GB/T19001-2016 and AS9100D[92]. Environmental Responsibility - The company reported a compliance rate of 100% for hazardous waste disposal, with 26.1075 tons of hazardous waste treated in the first half of 2022[130]. - The company invested CNY 425,000 in environmental protection measures during the first half of 2022[130]. - The company successfully passed environmental audits in January and March 2022, demonstrating compliance with environmental management standards[130]. - The company has established wastewater and air pollution treatment facilities that are operating normally[131]. - The company has implemented a comprehensive carbon reduction strategy, integrating low-carbon concepts into its operations to enhance core competitiveness[140]. - The company conducts monthly environmental monitoring and publicly discloses the results by the 15th of the following month, ensuring transparency in its environmental practices[137]. Market Position and Business Strategy - The company operates in the aerospace equipment and special refrigeration sectors, focusing on products such as aviation oxygen systems and onboard fuel tanks, with a significant market position in China[37]. - The company is the only specialized manufacturer of aviation oxygen systems and onboard fuel tank inerting systems in China, with a leading position in the aircraft auxiliary fuel tank market[40]. - The company is actively expanding its market presence by developing new customer relationships, successfully onboarding over 20 new clients in the special refrigeration sector[40]. - The company has formed stable partnerships with major military groups and national research institutions, ensuring a reliable supply chain[91]. - The company is focusing on enhancing production capacity and has initiated the construction of multiple production lines[1]. Shareholder Commitments and Governance - The controlling shareholder, AVIC, and its subsidiaries committed to not transferring or managing shares held before the IPO for 36 months from the listing date[154]. - The company will repurchase shares within 6 months after the shareholder meeting resolution, not exceeding 2% of total shares before repurchase[163]. - The controlling shareholder will submit a plan to increase holdings within 30 days if the stock repurchase plan is not approved or does not meet conditions[164]. - The company guarantees that any share reduction by controlling shareholders within two years after the lock-up period will not be below the issuance price[186]. - The company will publicly disclose reasons for any failure to fulfill commitments and will compensate investors for any losses incurred due to such failures[187].

Financial Performance - The company's operating revenue for Q1 2022 was ¥268,522,580.07, representing a year-on-year increase of 42.38%[6] - The net profit attributable to shareholders was ¥56,595,989.40, reflecting a growth of 28.52% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥47,410,414.44, up by 21.86% year-on-year[6] - The basic earnings per share for the period was ¥0.14, marking a 27.27% increase from the previous year[6] - Net profit for Q1 2022 reached ¥56,595,989.40, compared to ¥44,035,764.22 in Q1 2021, reflecting a growth of 28.5%[33] - Basic earnings per share for Q1 2022 were ¥0.14, an increase from ¥0.11 in Q1 2021[33] - The company reported a total comprehensive income of ¥56,595,989.40 for Q1 2022, compared to ¥44,035,764.22 in Q1 2021[33] Research and Development - Research and development (R&D) expenses totaled ¥27,491,824.33, which is an increase of 100.17% compared to the previous year[9] - R&D expenses accounted for 10.24% of operating revenue, an increase of 2.96 percentage points year-on-year[9] - Research and development expenses for Q1 2022 amounted to ¥18,951,471.11, significantly higher than ¥6,340,788.94 in Q1 2021, indicating a 198.5% increase[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,456,458,273.62, a decrease of 0.82% from the end of the previous year[9] - As of March 31, 2022, the company's total assets amounted to approximately RMB 3.46 billion, a decrease from RMB 3.49 billion at the end of 2021[22] - The company's cash and cash equivalents were reported at RMB 820.82 million, down from RMB 978.77 million in the previous year[22] - Accounts receivable increased to RMB 472.08 million from RMB 343.92 million, indicating a growth of approximately 37.3% year-over-year[22] - Inventory levels rose to RMB 723.12 million, compared to RMB 685.46 million, reflecting an increase of about 5.5%[22] - The total current liabilities were RMB 1.00 billion, slightly up from RMB 1.00 billion in the previous year[25] - The company's long-term equity investments stood at RMB 11.34 million, a slight decrease from RMB 11.41 million[25] - The company reported a decrease in financial assets held for trading from RMB 530 million to RMB 100 million, a decline of approximately 81.1%[22] - The company's other current assets increased significantly to RMB 457.34 million from RMB 60.41 million, marking a growth of approximately 655.5%[22] - The company's total non-current assets were RMB 691.64 million, a slight decrease from RMB 694.64 million[25] - Total liabilities as of the reporting date were ¥1,387,272,031.63, slightly down from ¥1,400,735,398.74 in the previous period[31] - Total equity attributable to shareholders was ¥2,069,186,241.99, a decrease from ¥2,084,324,022.45[31] Cash Flow - The company experienced a decrease in cash flow from operating activities, with a net cash flow of -¥180,240,807.19, primarily due to reduced customer payments compared to the previous year[13] - The net cash flow from operating activities for Q1 2022 was -180,240,807.19, compared to -121,124,580.94 in Q1 2021, indicating a decline in cash flow[36] - Total cash inflow from operating activities was 92,180,071.07 in Q1 2022, down from 130,773,974.67 in Q1 2021, reflecting a decrease of approximately 29.5%[36] - Cash outflow from operating activities increased to 272,420,878.26 in Q1 2022, compared to 251,898,555.61 in Q1 2021, representing an increase of about 8.5%[36] - The net cash flow from investing activities was 27,533,278.38 in Q1 2022, a significant improvement from -484,788,539.33 in Q1 2021[38] - Cash inflow from investment activities totaled 584,538,191.78 in Q1 2022, compared to 50,000,000.00 in Q1 2021, showing a substantial increase[38] - Cash outflow from investment activities was 557,004,913.40 in Q1 2022, compared to 534,788,539.33 in Q1 2021, indicating a slight increase[38] - The net cash flow from financing activities was -427,200.00 in Q1 2022, contrasting with a positive flow of 437,172.78 in Q1 2021[38] - The ending cash and cash equivalents balance for Q1 2022 was 797,043,114.30, down from 1,262,147,589.74 in Q1 2021, reflecting a decrease of approximately 36.8%[38] - The company reported a cash inflow of 580,000,000.00 from recovering investments in Q1 2022, a significant increase from 50,000,000.00 in Q1 2021[37] - The company’s cash flow from operating activities showed a negative trend, which may impact future operational strategies and liquidity management[36] Market Presence - The company expanded its market presence, leading to increased orders and revenue from oxygen and fuel tank products, as well as military refrigeration products[13] - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[20]