证券代码：688737 证券简称：中自科技 公告编号：2023-073 中自环保科技股份有限公司 第三届董事会第十七次会议决议公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 中自环保科技股份有限公司（以下简称"公司"）第三届董事会第十七次会 议于 2023 年 8 月 24 日（星期四）在成都市高新区古楠街 88 号公司研发楼会议 室以现场结合通讯的方式召开。会议通知已于 2023 年 8 月 14 日通过邮件的方式 送达各位董事。本次会议应出席董事 9 人，实际出席董事 9 人（其中通讯出席董 事 4 人）。 会议由董事长陈启章主持，董事会秘书和全体监事列席。会议召开符合有关 法律、法规、规章和《公司章程》的规定，会议决议合法有效。 二、董事会会议审议情况 经各位董事认真审议，会议形成了如下决议： （一）审议通过《关于 2023 年半年度报告及其摘要的议案》 表决结果：9 票同意，0 票反对，0 票弃权。 （二）审议通过《关于 2023 年半年度募集资金存放与实际使用情况的专项 报告的议案》 ...

中自环保科技股份有限公司（以下简称"公司"）于近日收到政 府补助合计人民币 100.00 万元，为与资产相关的政府补助。 二、补助的类型及其对上市公司的影响 证券代码：688737 证券简称：中自科技 公告编号：2023-071 中自环保科技股份有限公司 关于获得政府补助的公告 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。 一、获取补助的基本情况 根据《企业会计准则第 16 号——政府补助》有关规定，公司已 确认补助事项并划分补助类型，上述获得的政府补助预计将对公司利 润产生一定的积极影响，具体的会计处理以及对公司损益的影响情况 仍须以审计机构年度审计确认后的结果为准，敬请广大投资者注意投 资风险。 特此公告。 中自环保科技股份有限公司董事会 2023 年 8 月 18 日 1 ...

证券代码：688737 证券简称：中自科技 公告编号：2023-070 中自环保科技股份有限公司 关于召开 2023 年半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、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2023 年 08 月 25 日（星期五）上午 10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 08 月 18 日（星期五）至 08 月 24 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 zzq@sinocat.com.cn 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。 中自环保科技股份有限公司（以下简称"公司"）将于 2023 年 08 月 25 日发 布 2023 年半年度报告，为便于广大投资者更全面深入地了解公司 2023 年半年 度经营成果、财务状况，公 ...

Financial Performance - The company reported a net profit of negative value for the year 2022, leading to no cash dividends or bonus shares being distributed [5]. - The company's operating revenue for 2022 was approximately ¥447.47 million, a decrease of 53.50% compared to ¥962.24 million in 2021 [25]. - The net profit attributable to shareholders of the listed company was approximately -¥87.27 million, a decline of 938.42% from a profit of ¥10.41 million in 2021 [25]. - The net cash flow from operating activities was approximately -¥53.83 million, a decrease of 125.97% compared to ¥207.27 million in 2021 [25]. - Total assets at the end of 2022 were approximately ¥2.13 billion, down 6.68% from ¥2.29 billion at the end of 2021 [25]. - The net assets attributable to shareholders of the listed company decreased by 5.72% to approximately ¥1.86 billion from ¥1.98 billion in 2021 [25]. - The company's basic earnings per share decreased significantly to -1.01 CNY, a decline of 773.33% compared to 0.15 CNY in the previous year [26]. - The company's gross margin decreased from 17.00% in 2020 to 5.58% in 2022, primarily due to a significant decline in production and sales volume, leading to increased fixed costs [106]. - The company's total revenue for the reporting period was CNY 442,789,553.20, representing a decrease of 5.03% compared to the previous year [120]. - The gross profit margin for the overall business was 5.03%, reflecting a decrease of 8.32 percentage points year-on-year [120]. Share Capital and Investments - The company plans to increase its total share capital from 86,034,976 shares to 120,448,966 shares by issuing 34,413,990 shares from capital reserves, representing a 40% increase in share capital [5]. - The company has invested a total of $6.6 billion in SOFC stack technology development, with $823.94 million in the current period and $1.5 billion cumulatively [77]. - The catalyst industrialization project has a total investment of $3.7 billion, with $716.94 million in the current period and $975.13 million cumulatively, achieving kilogram-level batch production [77]. - The fifth-generation catalyst development project has a total investment of $1.92 billion, with $1.23 billion invested in the current period, and has met performance requirements for key customers [77]. - The company aims to achieve a 30% reduction in precious metal costs for the second-generation gasoline vehicle catalyst, with a total investment of $1.36 billion and $315.89 million in the current period [79]. Research and Development - The company is focusing on the development of new technologies and products to enhance its market position [16]. - Research and development expenses accounted for 20.74% of operating revenue, an increase of 10.84 percentage points compared to the previous year [26]. - The company has obtained 17 models of natural gas heavy-duty trucks compliant with National VI standards, ranking first in the industry [39]. - The first-generation sodium-ion battery prototype has been developed with an energy density of 120 Wh/kg, and the second generation is under development [39]. - The company has established testing capabilities for hybrid vehicle emissions, with an investment of 279.40 million, aiming to develop competitive catalyst products for hybrid models [82]. - The company has applied for 53 new domestic patents, including 32 invention patents and 21 utility model patents, enhancing its R&D capabilities [72]. Market and Competitive Landscape - The market for industrial VOCs (volatile organic compounds) treatment is expanding, with government initiatives aimed at significantly reducing VOC emissions [57]. - The market size for volatile organic compounds (VOCs) treatment reached RMB 74.1 billion in 2020, expected to exceed RMB 130 billion by 2025, and surpass RMB 170 billion by 2030 [58]. - The company faces risks related to the high cost and price volatility of platinum group metals, which significantly impact its main business costs [102]. - The company is experiencing uncertainty regarding the certification of certain vehicle models, which could affect its ability to sell catalytic products to downstream customers [101]. - The market share of foreign environmental catalyst giants exceeds 71%, posing a competitive risk to the company if it cannot maintain technological advantages [104]. Operational Efficiency - The company has maintained a strategy of "production based on sales" and "ordering based on production," leading to an increase in raw material inventory levels [181]. - The overall utilization rate across production lines was 109.34% in Q1 2023, compared to 59.87% in 2022 and 64.56% in 2021, reflecting a substantial increase in order volume [174]. - The flexible production line was upgraded to accommodate multiple vehicle types, resulting in a saturated capacity due to increased order volumes in Q1 2023 [175]. - The average price of electricity increased by 16.82% year-on-year, contributing to higher operating costs despite a reduction in production volume [179]. - The company has not identified any significant impairment indicators for the diesel vehicle production line, indicating stable operational performance [176]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report [8]. - The company is heavily reliant on bank loans for funding multiple new projects, increasing its financial risk and pressure on cash flow [109]. - The company faces risks from the rapid growth of the new energy vehicle market, which may adversely affect its traditional fuel vehicle market share [110]. - The company is facing potential delays in its fundraising projects due to external factors, which could adversely affect its future profitability [105]. Compliance and Governance - The company has received a standard unqualified audit report from the accounting firm Xin Yong Zhong He [5]. - The board of directors and management have confirmed the authenticity, accuracy, and completeness of the annual report [4]. - The company has not reported any violations in decision-making procedures for external guarantees [9]. - The company has not experienced any changes in its governance structure that would affect the annual report's integrity [9].

Financial Performance - The company's operating revenue for Q1 2023 reached ¥265,265,859.02, representing a year-on-year increase of 175.84%[5] - Net profit for Q1 2023 reached ¥5,679,800.90, compared to a net loss of ¥11,008,221.97 in Q1 2022, marking a turnaround in profitability[17] - Operating profit for Q1 2023 was ¥3,914,851.43, a recovery from an operating loss of ¥16,555,114.51 in the same period last year[17] - Total comprehensive income for Q1 2023 was ¥5,679,800.90, a significant improvement from a total comprehensive loss of ¥11,008,221.97 in Q1 2022[18] - The company reported a total operating cost of ¥256,528,621.31 in Q1 2023, compared to ¥120,675,012.92 in Q1 2022, indicating an increase of approximately 112.5%[16] Cash Flow and Liquidity - The net cash flow from operating activities was -¥176,529,262.31, indicating increased cash outflows due to higher material purchases[5][8] - Cash flow from operating activities showed a net outflow of ¥176,529,262.31 in Q1 2023, worsening from a net outflow of ¥21,323,327.11 in Q1 2022[20] - Cash and cash equivalents at the end of Q1 2023 totaled ¥446,660,734.02, down from ¥653,009,535.49 at the end of Q1 2022[21] - Investment activities generated a net cash inflow of ¥167,762,463.80 in Q1 2023, contrasting with a net cash outflow of ¥174,377,276.43 in Q1 2022[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,273,726,792.16, reflecting a 6.52% increase from the end of the previous year[6] - The company's current assets totaled RMB 1,672,632,668.78, up from RMB 1,561,163,236.02, indicating an increase of about 7.1%[13] - The company's total liabilities reached RMB 414,481,476.49, up from RMB 264,071,881.68, which is an increase of approximately 57%[15] - The equity attributable to shareholders decreased slightly to RMB 1,853,721,238.25 from RMB 1,864,540,751.14, a decline of about 0.4%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period was 8,868[9] - The largest shareholder, Chen Qizhang, holds 27,863,360 shares, accounting for 32.39% of the total shares[9] Research and Development - Research and development expenses totaled ¥19,334,220.74, accounting for 7.29% of operating revenue, a decrease of 14 percentage points compared to the previous year[6] - Research and development expenses for Q1 2023 were ¥18,039,191.73, slightly lower than ¥19,468,213.64 in Q1 2022[16] Market and Sales Performance - The company experienced significant sales growth in vehicle catalyst products due to the implementation of new emission standards and increased orders from major customers[8] - Accounts receivable rose significantly to RMB 406,629,213.31 from RMB 265,738,183.51, representing a growth of approximately 53%[12] - Inventory levels increased to RMB 360,249,933.76, compared to RMB 248,938,030.83, marking a rise of around 44.5%[13] - The company reported a significant increase in prepayments, which rose to RMB 54,084,125.94 from RMB 23,909,596.20, reflecting a growth of about 126%[13] Strategic Partnerships - The company has a strategic partnership with Shenwan Hongyuan Securities, which acquired 2,039,492 shares through a collective asset management plan[11] Return on Assets - The weighted average return on net assets was 0.33%[6]

Financial Performance - The company reported a net profit of negative for the year 2022, leading to no cash dividends or bonus shares being distributed [5]. - The company's operating revenue for 2022 was approximately ¥447.47 million, a decrease of 53.50% compared to ¥962.24 million in 2021 [25]. - The net profit attributable to shareholders of the listed company was approximately -¥87.27 million, a decline of 938.42% from a profit of ¥10.41 million in 2021 [25]. - The net cash flow from operating activities was approximately -¥53.83 million, a decrease of 125.97% compared to ¥207.27 million in 2021 [25]. - Total assets at the end of 2022 were approximately ¥2.13 billion, down 6.68% from ¥2.29 billion at the end of 2021 [25]. - The net assets attributable to shareholders of the listed company decreased by 5.72% to approximately ¥1.86 billion from ¥1.98 billion in 2021 [25]. - The company reported a significant decline in revenue from its main business, with a total of approximately ¥437.02 million, down 52.68% from ¥933.43 million in 2021 [25]. - The company's basic and diluted earnings per share for 2022 were both -1.01 CNY, a decrease of 773.33% compared to 0.15 CNY in 2021 [26]. - The net profit attributable to shareholders decreased significantly due to a sharp decline in operating revenue, with a net loss of 34.47 million CNY in Q4 2022 [29]. - The company achieved operating revenue of ¥447,470,475.77, a year-on-year decrease of 53.50% [37]. - The net profit attributable to the parent company was -¥87,272,708.49, indicating a loss compared to the previous profit [37]. - The weighted average return on equity was -4.54% in 2022, a decline from 1.30% in 2021, indicating deteriorating profitability [26]. - The gross profit margin fell significantly from 17.00% in 2020 to 5.58% in 2022, attributed to rising fixed costs and volatile precious metal prices [105]. Corporate Governance - The board of directors and supervisory board members have confirmed the authenticity, accuracy, and completeness of the annual report [4]. - There are no special arrangements for corporate governance applicable to the company [9]. - The company has not reported any instances of more than half of the directors being unable to guarantee the authenticity of the annual report [9]. - The company has not violated decision-making procedures for providing guarantees to external parties [9]. - The company has maintained a stable shareholding structure, with no significant changes in the ownership of key personnel during the reporting period [182]. - The board of directors has established specialized committees to provide professional advice for major decisions, ensuring effective governance [178]. - The company is committed to continuous improvement in internal controls and management systems to support business expansion [176]. - The company is enhancing its corporate governance by filling key positions with qualified individuals to drive future growth [192]. Research and Development - The company has been focusing on the development of new technologies and products, particularly in the environmental technology sector [18]. - Research and development expenses accounted for 20.74% of operating revenue, an increase of 10.84 percentage points from 9.90% in 2021 [26]. - The company aims to enhance its competitive edge through technological innovation and has expanded into hydrogen fuel cell catalysts and energy storage batteries [36]. - The company emphasizes independent research and development, establishing a technology innovation system that combines self-developed and collaborative research [52]. - The company has applied for 53 new domestic patents during the reporting period, including 32 invention patents and 21 utility model patents, enhancing its R&D capabilities [72]. - The company has accumulated a total of 202 domestic and international PCT invention patent applications, with 116 patents granted [72]. - The company is actively expanding its product offerings to include hydrogen fuel cell catalysts and energy storage batteries, with kilogram-level production capabilities already established [94]. - The company aims to enhance catalyst efficiency and reduce precious metal usage through ongoing research and development of new catalytic materials and formulations [57]. Market Conditions and Risks - The company has outlined potential risks in its operations, which are detailed in the management discussion and analysis section [4]. - Operating revenue for 2022 was impacted by macroeconomic downturns, industry cycle fluctuations, and geopolitical conflicts, resulting in a 31.90% and 31.20% year-on-year decline in commercial vehicle production and sales, respectively [36]. - The company faces risks related to the high cost and price volatility of precious metals, which constitute a significant portion of its operating costs [102]. - The company faces risks of continued revenue decline and potential losses if adverse market conditions persist without effective countermeasures [97]. - The market share of foreign catalyst giants in China is over 71%, posing a significant competitive risk to the company [104]. Strategic Initiatives - Future outlook includes potential market expansion and strategic initiatives to recover from the current financial downturn [18]. - The company is actively exploring opportunities for mergers and acquisitions to enhance its market position [18]. - The company plans to enhance its technological innovation capabilities and product performance in the environmental catalyst sector, aiming for steady growth in operational performance [172]. - The company will implement a market development plan targeting key customers in the exhaust treatment catalyst sector to ensure the achievement of annual goals [174]. - The company is exploring acquisition opportunities to enhance its market position, targeting firms with complementary technologies [190]. Human Resources and Management - The company has 197 R&D personnel, accounting for 35.55% of total employees, with a focus on cultivating core talents [41]. - The company is implementing a comprehensive human resources development plan to establish a talent pool and enhance management capabilities [176]. - The company reported a significant turnover in senior management, with Hu Shumei resigning as Vice General Manager and HR Director on April 7, 2023 [192]. - The company is focused on expanding its market presence and enhancing its governance structure through recent board changes [192]. Financial Management - The company plans to establish a subsidiary and expand into new business areas [199]. - The company will apply for a comprehensive credit line from banks and financial institutions [198]. - The company will revise its performance management system and salary management measures [199]. - Total remuneration for directors, supervisors, and senior management amounted to RMB 798 million [197]. - Total remuneration for core technical personnel reached RMB 273.5 million [197].

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： 证券代码：688737 证券简称：中自科技 公告编号：2023-035 中自环保科技股份有限公司 关于召开 2022 年度业绩说明会的公告 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com） 会议召开方式：上证路演中心视频结合网络互动 投资者可于 2023 年 04 月 21 日（星期五）至 04 月 27 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 zzq@sinocat.com.cn 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。 中自环保科技股份有限公司（以下简称"公司"）将于 2023 年 4 月 28 日发布 公司 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 28 日（星期五）上午 10:00-11:30 举行 ...

中自环保科技股份有限公司 投资者关系活动记录表 股票简称：中自科技 股票代码：688737 编号：2022-004 | --- | --- | --- | |-----------------------|---------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动 \n类别 | | ■特定对象调研 □分析师会议 \n□媒体采访 □业绩说明会 \n□新闻发布会 ■路演活动 \n■现场参观 □其他(请文字说明) | | | | | | | 2022 年 6 月 6 Investment | 日：中银证券、东吴证券、长江证券、 IGWT 、东北证券、明大投资 | | | | | | | 2022 年 6 月 10 | 日：国元证券 | | | 2022 年 6 月 14 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥115,795,813.27, representing a year-on-year increase of 0.87%[5] - The net profit attributable to shareholders was -¥19,942,995.04, a decrease of 334.83% compared to the same period last year[5] - The total operating revenue of CNY 310,585,980.27 for the first three quarters of 2022, a decrease of 58.0% compared to CNY 739,609,598.79 in the same period of 2021[23] - The company incurred a net loss of CNY 53,635,041.23 in the first three quarters of 2022, compared to a net profit of CNY 22,966,845.98 in the same period of 2021, representing a significant decline[24] - The basic earnings per share for the reporting period was -¥0.23, with a year-to-date figure of -¥0.61, a decrease of 274.29%[6] - The weighted average return on equity was -1.03%, a decrease of 6.66 percentage points year-on-year[6] Assets and Cash Flow - The total assets at the end of the reporting period were ¥2,140,635,452.05, reflecting a decrease of 6.42% from the end of the previous year[6] - The company's cash and cash equivalents decreased to CNY 458,133,994.19 as of September 30, 2022, from CNY 848,227,912.56 at the end of 2021, a reduction of 46.0%[21] - The cash inflow from operating activities in Q3 2022 was -CNY 103,723,598.56, compared to a positive cash flow of CNY 221,722,276.58 in Q3 2021[28] - The total cash inflow from investment activities in Q3 2022 was CNY 2,229,708,656.71, significantly higher than CNY 51,456.00 in Q3 2021[28] - The net cash flow from investment activities for Q3 2022 was -CNY 173,190,850.50, compared to -CNY 54,415,752.83 in Q3 2021[28] - The total cash and cash equivalents at the end of Q3 2022 were CNY 442,123,374.20, compared to CNY 46,758,704.50 at the end of Q3 2021[28] Research and Development - Research and development expenses totaled ¥22,140,306.23, accounting for 19.12% of operating revenue, an increase of 2.84 percentage points year-on-year[6] - The company has completed the construction and optimization of laboratories for both lithium and sodium battery projects, indicating a strong focus on R&D[17] - The company reported a significant increase in research and development expenses, totaling CNY 61,336,655.88 for the first three quarters of 2022, compared to CNY 53,554,145.39 in the same period of 2021[24] - The company completed the development of long-life large cylindrical lithium iron phosphate batteries, with the first batch of button batteries offline and tested by the end of September 2022[17] - The sodium battery project has also been initiated, with the first batch of button batteries completed and undergoing third-party testing, aiming for custom development by the end of the year[17] - The company has made progress in establishing a solid-state battery development team and is currently validating oxide solid electrolyte powder[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,484[13] - The company’s major shareholder, Chen Qizhang, holds 32.39% of the shares, while other significant shareholders include Nanjing Yinganling Ying New Energy Industry Investment Fund with 6.52%[14] - The strategic investor, Shenwan Hongyuan Securities, holds 2,039,492 shares through a collective asset management plan[15] Business Initiatives and Projects - The company established a new energy storage and power division on July 1, 2022, to accelerate the implementation of new business initiatives[16] - The company signed a strategic cooperation agreement with Qingdao Nengfeng Electric Co., Ltd. to develop the commercial energy storage and overseas household storage markets[18] - The "New Catalyst Intelligent Manufacturing Park Project" has been delayed due to COVID-19 and other factors, with the new expected completion date set for March 2023[18] - The company has completed the design and equipment selection for the 10MWh battery cell pilot line, with site selection and renovation plans confirmed[18] - The solid-state battery material pilot line is currently undergoing equipment procurement and debugging, expected to be operational by the end of 2022[18] Other Information - The company experienced a significant decline in government subsidies, impacting net profit for the reporting period[11] - The company has not yet disclosed the number of environmental information announcements related to the National VI emission standards due to a lack of supplier information[16] - The company did not apply new accounting standards for the first time in 2022[29] - The company’s management team includes Chen Qizhang as the responsible person, Gong Wenxu as the accounting supervisor, and Dai Huarong as the head of the accounting institution[26]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 500 million RMB for the first half of 2022, representing a 20% growth compared to the same period last year[15]. - The company's operating revenue for the first half of 2022 was ¥194,790,167, a decrease of 68.82% compared to ¥624,814,052.93 in the same period last year[20]. - The net profit attributable to shareholders was -¥32,862,312.80, representing a decline of 214.45% from ¥28,713,047.71 in the previous year[20]. - The net cash flow from operating activities decreased by 104.90%, dropping to -¥14,475,468.28 from ¥295,462,441.84[20]. - The company's total assets at the end of the reporting period were ¥2,231,289,984.49, down 2.45% from ¥2,287,378,064.25 at the end of the previous year[20]. - The basic earnings per share for the first half of 2022 was -¥0.38, a decrease of 186.36% from ¥0.44 in the same period last year[21]. - The weighted average return on net assets fell to -1.68%, a decrease of 6.68 percentage points from 5.00% in the previous year[21]. - The company's gross profit margin has declined from 18.71% in 2019 to 9.35% in the first half of 2022, primarily due to rising fixed costs and volatile precious metal prices[103]. Market Expansion and Strategy - The company has set a future outlook with a revenue target of 1 billion RMB for the full year 2022, indicating a projected growth rate of 25%[15]. - The company is actively pursuing market expansion, with plans to enter two new provinces by the end of 2022, aiming for a 10% increase in market share[15]. - A strategic acquisition of a smaller competitor is in progress, which is expected to increase the company's production capacity by 40%[15]. - The company aims to expand its market share in the environmental catalyst sector, which is dominated by foreign giants like BASF and Umicore[29]. - The company has established business offices in Shandong, Guangxi, Chongqing, Guangdong, and Northeast China to enhance market outreach and customer service[38]. Research and Development - The company has allocated 50 million RMB for research and development in new technologies, focusing on sustainable environmental solutions[15]. - Research and development expenses accounted for 22.33% of operating revenue, an increase of 14.96 percentage points compared to 7.37% in the previous year[22]. - The company is focused on the research, production, and sales of environmental catalysts, particularly in the automotive exhaust treatment sector[29]. - The company has developed core technologies in high-performance rare earth oxygen storage materials and advanced coating techniques, breaking the technology monopoly of foreign competitors[29]. - The company is actively developing hydrogen fuel cell electrocatalysts and solid oxide fuel cells, aiming for mass production of new energy products[30]. - The company applied for a total of 26 new patents during the reporting period, including 20 invention patents and 6 utility model patents, and received 9 patent authorizations[74]. Environmental Compliance and Initiatives - The company has a complete and well-functioning pollution prevention and control facility, including a centralized wastewater treatment system and an exhaust gas treatment system[138]. - During the reporting period, the company conducted two environmental self-inspections, with all pollutant indicators meeting discharge standards[141]. - The company received a pollution discharge permit from the Chengdu Ecological Environment Bureau, valid from July 14, 2020, to July 13, 2023[142]. - The company has implemented measures to support poverty alleviation and rural revitalization by purchasing products from the Daliangshan region[143]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[142]. Risks and Challenges - The company has identified potential risks, including regulatory changes that could impact operations, but has stated that no significant risks have materialized during the reporting period[5]. - The company faces risks of significant performance decline or losses due to geopolitical factors, supply chain disruptions, and macroeconomic downturns[96]. - The implementation of stricter emission regulations starting December 1, 2022, may affect the company's sales if it cannot meet the new standards[105]. - The rapid growth of the new energy vehicle market poses a risk to the company's traditional fuel vehicle market, as it has not yet achieved bulk sales in pure electric and fuel cell vehicles[107]. Shareholder Commitments and Governance - The company’s controlling shareholder, Chen Qizhang, committed not to transfer or entrust the management of shares held prior to the IPO for 36 months from the date of listing[149]. - The company has ensured compliance with all commitments made by its shareholders and management during the reporting period[145]. - The commitments are aimed at stabilizing the share price and protecting the interests of investors[145]. - The company has a lock-up period of 12 months for shares held directly and 36 months for shares held indirectly after the IPO[170]. - The company will not reduce shares if it is subject to significant legal violations or delisting standards[183].