Minmetals New Energy(688779)

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长远锂科:湖南长远锂科股份有限公司2023年半年度募集资金存放与实际使用情况的专项报告
2023-08-18 10:34
| 证券代码:688779 | 证券简称:长远锂科 | 公告编号:2023-040 | | --- | --- | --- | | 转债代码:118022 | 转债简称:锂科转债 | | 湖南长远锂科股份有限公司 2023 年半年度募集资金存放与实际使用情况的专项报告 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。 按照《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》 《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《上海证 券交易所科创板股票上市规则》等有关规定,现将湖南长远锂科股份有限公司(以 下简称"长远锂科"或"公司")2023 年半年度募集资金存放与实际使用情况报 告如下: 一、募集资金基本情况 (一)实际募集资金金额、资金到账时间 1.2021 年首次公开发行股票 经中国证券监督管理委员会《关于同意湖南长远锂科股份有限公司首次公开发 行股票注册的批复》(证监许可〔2021〕2260 号)同意注册,公司首次向社会公 众公开发行人民币普通股(A 股)股票 482,301,5 ...
长远锂科:湖南长远锂科股份有限公司第二届监事会第九次会议决议公告
2023-08-18 10:34
一、监事会会议召开情况 第二届监事会第九次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏,并对其内容的真实性、准确性和完整性依法承担法律责任。 | 证券代码:688779 | 证券简称:长远锂科 公告编号:2023-041 | | --- | --- | | 转债代码:118022 | 转债简称:锂科转债 | 湖南长远锂科股份有限公司(以下简称"公司")第二届监事会第九次会议 于 2023 年 8 月 8 日以电子邮件方式发出会议通知。会议于 2023 年 8 月 18 日以 以现场结合通讯的方式召开。会议应到监事 5 名,实际出席监事 5 名。会议由公 司监事会主席吴世忠先生主持。会议的召集、召开符合《中华人民共和国公司法》 《上海证券交易所科创板股票上市规则》和《湖南长远锂科股份有限公司章程》 等有关法律、行政法规、部门规章、规范性文件的规定。 湖南长远锂科股份有限公司 具体内容详见公司于同日在上海证券交易所网站(www.sse.com.cn)披露的 《湖南长远锂科股份有限公司2023年半年度募集资金存放与实际使用情况的专 项报告》(公告编号:2023-04 ...
长远锂科:湖南长远锂科股份有限公司关于举办2022年度暨2023年第一季度业绩说明会的公告
2023-04-26 11:31
| 证券代码:688779 | 证券简称:长远锂科 公告编号:2023-026 | | --- | --- | | 转债代码:118022 | 转债简称:锂科转债 | 湖南长远锂科股份有限公司 关于举办2022年度暨2023年第一季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏,并对其内容的真实性、准确性和完整性依法承担法律责任。 (一)公司董事长:胡柳泉先生 如有特殊情况,参会人员可能进行调整。 四、投资者参加方式 重要内容提示: 一、说明会类型 湖南长远锂科股份有限公司(以下简称"公司")已于 2023 年 4 月 25 日在 上海证券交易所网站(www.sse.com.cn)披露了《湖南长远锂科股份有限公司 2022 年年度报告》及《湖南长远锂科股份有限公司 2023 年第一季度报告》。为 便于广大投资者更加全面深入地了解公司 2022 年度及 2023 年第一季度经营业 绩、发展战略等情况,公司定于 2023 年 05 月 10 日(星期三)15:00-16:00 在 "价值在线"(www.ir-online.cn)举办 2022 年度暨 2023 ...
长远锂科(688779) - 2022 Q4 - 年度财报
2023-04-24 16:00
Financial Performance - The company's total distributable profit as of December 31, 2022, was RMB 371,845,853.18, excluding dividends from subsidiaries totaling RMB 518,065,337.51[4]. - A cash dividend of RMB 2.316 per 10 shares (including tax) is proposed, amounting to a total of RMB 446,804,172.60, which represents 30% of the net profit attributable to ordinary shareholders in the consolidated financial statements[5][7]. - The net profit attributable to ordinary shareholders in the consolidated financial statements for the year was RMB 1,489,498,713.16[5]. - The company's operating revenue for 2022 reached ¥17,975,397,896.10, representing a 162.75% increase compared to ¥6,841,167,256.60 in 2021[116]. - The net profit attributable to shareholders for 2022 was ¥1,489,498,713.16, up 112.59% from ¥700,639,618.85 in the previous year[116]. - The net profit after deducting non-recurring gains and losses was ¥1,437,405,787.13, reflecting a 110.65% increase from ¥682,379,938.05 in 2021[116]. - Basic earnings per share increased by 75.00% to CNY 0.77 compared to CNY 0.44 in 2021[119]. - Diluted earnings per share rose by 72.73% to CNY 0.76, reflecting significant growth in product sales[119]. Environmental and Social Responsibility - The company actively integrates ESG principles into its strategic goals and daily operations, establishing a governance structure to oversee ESG initiatives[15][16]. - The company invested 54.43 million yuan in environmental protection during the reporting period[35]. - The total greenhouse gas emissions for the reporting period were 354,600 tons[47]. - The company processed 795,800 tons of wastewater, recovering 488,800 tons of pure water, with 25,300 tons discharged in compliance with standards[38]. - The company has established a hazardous waste storage facility and has been regularly transferring hazardous waste to qualified disposal units[38]. - The company has no record of administrative penalties due to environmental issues during the reporting period[42]. - The company has implemented various environmental management systems to ensure compliance with environmental laws and regulations[50]. - The company is committed to R&D in advanced materials, focusing on enhancing efficiency in new energy systems and promoting the development of electric vehicles[29]. - The company actively engages in social responsibility, contributing 3.4 million yuan to educational support and assisting 21 individuals in employment through community initiatives[30][31]. Corporate Governance - The company has established a robust governance structure, ensuring compliance with laws and regulations, and protecting the rights of shareholders and creditors[32]. - The company has established an investor relations management system to enhance communication and transparency with investors[76]. - The company emphasizes the importance of information disclosure and has established a management system to ensure transparency and accuracy[78]. - The company has a long-term commitment to resolve related party transactions and competition issues, ensuring compliance with governance standards[89]. - Institutional investors and individual investors actively participated in the voting and deliberation of shareholder meeting proposals, indicating strong engagement in corporate governance[82]. Research and Development - The company has obtained ISO9001 and IATF16949 certifications, establishing a comprehensive quality management system[20]. - The company obtained a total of 31 patents during the reporting period, enhancing the protection of key core technologies[81]. - The company is focusing on the research and development of lithium iron phosphate cathode materials, which are expected to become one of its main products in the future[169]. Future Outlook and Strategic Initiatives - The company is focusing on expanding its market presence and enhancing its product offerings in the lithium industry[112]. - Future outlook includes continued investment in new technologies and product development to meet growing market demand[112]. - The company plans to explore strategic partnerships and potential acquisitions to strengthen its competitive position[112]. - The management is optimistic about achieving further growth in revenue and profitability in the upcoming fiscal year[112]. Compliance and Risk Management - The company has established measures to ensure compliance with regulatory requirements and will issue supplementary commitments if necessary[28]. - The company has not faced any delisting risks or major compliance issues during the reporting period[153]. - The company will actively cooperate with regulatory investigations if any violations occur[28]. - The company has not reported any significant changes in the feasibility of its projects during the reporting period[191]. Fundraising and Financial Management - The company has established a fundraising management system to ensure the legal and reasonable use of raised funds, with funds stored in a designated account for centralized management[140]. - The company successfully raised 3.25 billion CNY through the issuance of convertible bonds to support the expansion of lithium battery cathode materials[164]. - The company approved the use of up to RMB 2.1 billion of temporarily idle raised funds for cash management, focusing on safe and liquid investment products[197]. - The company temporarily used RMB 400 million of idle raised funds to supplement working capital, which has been fully utilized by the end of the reporting period[196].
长远锂科(688779) - 2023 Q1 - 季度财报
2023-04-24 16:00
Financial Performance - The company's operating revenue for Q1 2023 was ¥1,934,331,856.98, representing a decrease of 42.99% compared to the same period last year[6] - The net profit attributable to shareholders was ¥929,379.00, down 99.69% year-on-year[6] - The net profit after deducting non-recurring gains and losses was -¥21,140,966.26, a decline of 107.62% compared to the previous year[6] - Total operating revenue for Q1 2023 was CNY 1,934,331,856.98, a decrease of 43% compared to CNY 3,392,940,205.66 in Q1 2022[43] - Net profit for Q1 2023 was CNY 929,379.00, significantly lower than CNY 303,899,733.84 in Q1 2022, indicating a decline of over 99%[44] Assets and Liabilities - The total assets at the end of the reporting period were ¥15,145,998,458.84, a decrease of 14.22% from the end of the previous year[7] - Total liabilities as of Q1 2023 were CNY 7,023,811,569.60, a decrease from CNY 9,535,952,263.74 in the previous year[43] - The company's total equity as of Q1 2023 was CNY 8,122,186,889.24, slightly up from CNY 8,121,257,510.24 in Q1 2022[43] - The total assets of the company were approximately ¥15.15 billion, a decrease of 14.2% from ¥17.66 billion[26] Cash Flow - The net cash flow from operating activities was -¥2,046,684,585.50, indicating significant cash outflow[7] - The net cash flow from operating activities was negative at approximately -¥2.05 billion, compared to -¥477 million in the previous period[33] - The company reported cash outflows from operating activities totaling approximately ¥2.44 billion, significantly higher than ¥801 million in the previous period[33] - Cash flow from operating activities was 183,785,357.36, a decrease from 282,983,459.12 in the same quarter of 2022[46] - The company reported a net decrease in cash and cash equivalents of -2,162,923,741.06, compared to -547,533,881.83 in the same quarter of 2022[50] Shareholder Information - The company reported a total of 55,303 common shareholders at the end of the reporting period[19] - Major shareholders include China Minmetals Corporation and Changsha Metallurgical Research Institute, each holding 17.16% of shares[19] Research and Development - Research and development expenses totaled ¥60,540,353.78, down 55.60% year-on-year, accounting for 3.13% of operating revenue[7] - Research and development expenses in Q1 2023 amounted to CNY 60,540,353.78, down 56% from CNY 136,341,788.30 in Q1 2022[43] Market Conditions - The decline in revenue was primarily due to the expiration of the new energy vehicle purchase tax subsidy policy and a slowdown in market growth[18] - The company has not disclosed any new product launches or significant market expansion strategies during the reporting period[38] - The company is focused on expanding its market presence and developing new technologies, although specific details were not disclosed in the provided content[49] Financial Reporting - The financial report was released on April 21, 2023, indicating ongoing transparency and communication with stakeholders[51]
长远锂科(688779) - 2022年6月投资者关系活动记录表
2022-11-17 14:18
证券代码:688779 证券简称:长远锂科 编号:2022-006 湖南长远锂科股份有限公司 2022 年 6 月投资者关系活动记录表 | --- | --- | --- | |-------------------------|-------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------| | | √ 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 | □ 新闻发布会 | □ 路演活动 | | 类别 | √ 现场参观 | √ 电话会议 | | | √ 其他 策略会 | | | 参 ...
长远锂科(688779) - 2022 Q3 - 季度财报
2022-10-16 16:00
Financial Performance - The company's revenue for Q3 2022 reached ¥5,062,303,959.33, representing a 200.04% increase year-over-year[5] - Net profit attributable to shareholders for Q3 2022 was ¥355,835,880.45, up 105.17% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥351,532,414.91, reflecting a 107.98% increase year-over-year[5] - Total operating revenue for the first three quarters of 2022 reached CNY 12,695,624,612.65, a significant increase from CNY 4,536,201,038.88 in the same period of 2021, representing a growth of approximately 180%[33] - Net profit for the third quarter of 2022 was CNY 1,113,532,656.94, compared to CNY 486,973,096.93 in the same quarter of 2021, indicating a year-over-year increase of about 128%[35] - Operating profit for the third quarter of 2022 was CNY 1,372,456,467.04, compared to CNY 550,632,785.36 in the same quarter of 2021, showing an increase of about 149%[35] - The total comprehensive income attributable to the parent company reached CNY 1,113,532,656.94, compared to CNY 486,973,096.93 in the previous period, marking a significant increase[37] - Basic and diluted earnings per share were both CNY 0.58, up from CNY 0.32 in the same period last year, indicating improved profitability[37] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥14,489,833,011.37, a 54.17% increase from the end of the previous year[7] - The total assets of the company increased from ¥9,398,305,360.56 in December 2021 to ¥14,489,833,011.37 by September 30, 2022, reflecting a growth of about 54.0%[27] - Total liabilities increased to CNY 7,063,280,925.65 in the latest report, compared to CNY 2,875,002,448.13 in the previous year, marking an increase of about 146%[32] - The total equity attributable to shareholders reached CNY 7,426,552,085.72, up from CNY 6,523,302,912.43, which is an increase of approximately 14%[32] - The company's financial liabilities included CNY 2,823,635,776.86 in accounts payable, which increased from CNY 1,687,817,218.69, reflecting a growth of approximately 68%[32] Cash Flow - The company reported a net cash flow from operating activities of -¥664,091,271.27 for the year-to-date period, indicating cash flow challenges[5] - Cash inflows from operating activities amounted to CNY 2,534,295,937.58, a substantial increase from CNY 1,317,919,399.61 in the previous year, reflecting strong sales performance[38] - Cash outflows for purchasing goods and services were CNY 2,474,364,269.70, compared to CNY 1,492,626,407.95 in the prior year, indicating increased operational costs[38] - The net cash flow from operating activities was negative at CNY -664,091,271.27, worsening from CNY -468,337,475.77 in the previous year, suggesting challenges in cash management[41] - The company reported cash and cash equivalents at the end of the period of CNY 544,032,998.18, down from CNY 2,294,272,399.27 at the end of the previous period, indicating liquidity concerns[40] - The company received CNY 2,656,701,108.74 from financing activities, reflecting strong capital inflow, while cash outflows for financing activities totaled CNY 218,631,914.04[40] - The cash flow from investment activities was negative at CNY -242,499,973.19, indicating higher investment expenditures compared to cash inflows[40] Research and Development - R&D investment for Q3 2022 totaled ¥202,370,881.78, a significant increase of 195.72% compared to the same period last year[7] - Research and development expenses for the third quarter of 2022 amounted to CNY 521,580,161.45, up from CNY 188,898,776.45 in the previous year, reflecting a growth of approximately 176%[35] - The company plans to continue expanding its R&D efforts and product development in response to market demands[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 55,361[15] - The largest shareholder, China Minmetals Corporation, holds 331,102,600 shares, representing 17.16% of total shares[15] - The company has a total of 331,102,600 shares held by the top two shareholders, both state-owned entities, indicating a strong state influence in ownership[15] - There are no significant changes in the status of pledged or frozen shares among the top shareholders[15] Inventory and Receivables - Accounts receivable increased significantly from ¥2,202,785,198.86 in December 2021 to ¥4,432,906,420.90 by September 30, 2022, representing an increase of about 101.0%[27] - The company reported a significant increase in inventory from ¥1,576,812,680.76 in December 2021 to ¥2,549,558,228.05 by September 30, 2022, an increase of approximately 61.6%[27] - Total current assets rose from ¥6,355,247,200.41 in December 2021 to ¥10,555,345,259.73 by September 30, 2022, an increase of approximately 66.8%[27] Market and Sales Performance - The increase in revenue was primarily driven by strong downstream market demand and increased product sales[11] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 2,224,867,868.58, compared to CNY 1,241,193,328.08 in the previous year[38] - The company has not disclosed any new product developments or market expansion strategies in the current report[22]
长远锂科(688779) - 湖南长远锂科股份有限公司关于参加2022年湖南辖区上市公司投资者网上集体接待日活动的公告
2022-09-22 09:24
证券代码:688779 证券简称:长远锂科 公告编号:2022-056 湖南长远锂科股份有限公司 关于参加 2022 年湖南辖区上市公司 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,使广大投资者能更深入全面地了解湖南 长远锂科股份有限公司(以下简称"公司")的情况,公司于 2022 年 9 月 29 日 (星期四)下午 14:00—17:00 将参加由湖南证监局、湖南省上市公司协会与深圳 市全景网络有限公司联合举办的"湖南辖区上市公司 2022 年投资者网上集体接 待日"活动(以下简称"本次活动"),现将有关事项公告如下: 一、投资者参加方式 本次活动将通过深圳市全景网络有限公司提供的互联网平台,采取网络远程 的方式举行,投资者可以登录"全景·路演天下"(网址:http://rs.p5w.net)参 与本次活动在线交流,活动时间为 2022 年 9 月 29 日(星期四)14:00—17:00。 二、参加人员 届时公司董事会秘书兼战略规划部部长曾科先生,将 ...
长远锂科(688779) - 2022 Q2 - 季度财报
2022-08-29 16:00
Financial Performance - The company's operating revenue for the first half of 2022 reached ¥7,633,320,653.32, representing a 167.93% increase compared to ¥2,849,001,039.48 in the same period last year[25]. - The net profit attributable to shareholders of the listed company was ¥757,696,776.49, up 141.66% from ¥313,538,888.22 in the previous year[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥722,464,602.37, an increase of 137.04% compared to ¥304,788,661.89 in the same period last year[25]. - Basic earnings per share increased by 77.27% to CNY 0.39 compared to the same period last year[26]. - Net profit attributable to shareholders rose by 141.66% due to strong demand in the new energy vehicle industry[28]. - Total revenue increased by 167.93%, driven by robust downstream market demand and price adjustments due to rising material costs[28]. - The company's revenue for the first half of 2022 was CNY 763,332.07 million, an increase of 167.93% year-on-year, while net profit attributable to shareholders was CNY 75,769.68 million, up 141.66%[43]. - The weighted average return on equity improved by 1.62 percentage points to 11.03%[26]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥13,723,784,009.39, a 46.02% increase from ¥9,398,305,360.56 at the end of the previous year[25]. - The net assets attributable to shareholders of the listed company increased by 8.39% to ¥7,070,716,205.27 from ¥6,523,302,912.43 at the end of the previous year[25]. - Cash and cash equivalents decreased by 40.09% to ¥766,371,189.81, accounting for 5.58% of total assets[101]. - Accounts receivable increased by 73.72% to ¥3,826,710,119.25, representing 27.88% of total assets due to strong downstream market demand[101]. - Inventory rose by 54.17% to ¥2,430,945,738.80, making up 17.71% of total assets, driven by increased production and rising material prices[101]. - Short-term borrowings surged by 1,004.94% to ¥317,560,730.20, constituting 2.31% of total assets, primarily due to increased bank credit borrowings[101]. - Accounts payable increased by 67.53% to ¥2,827,653,566.40, representing 20.60% of total assets, attributed to expanded production and rising material costs[103]. - Contract liabilities rose by 242.50% to ¥60,227,594.71, accounting for 0.44% of total assets, due to increased prepayments from customers[103]. Research and Development - Research and development expenses accounted for 4.18% of operating revenue, a slight decrease of 0.05 percentage points[28]. - Research and development expenses totaled CNY 319,209,279.67, a significant increase of 164.98% compared to the previous year, accounting for 4.18% of total revenue[53]. - The number of R&D personnel increased to 283, accounting for 16.57% of the total workforce[60]. - The total compensation for R&D personnel amounted to RMB 3,854.00 million, with an average salary of RMB 13.62 million[60]. - The company is actively developing new materials for solid-state batteries and sodium-ion batteries, collaborating with multiple downstream battery enterprises[46]. - The company achieved significant progress in the development of high-nickel ternary materials, high-power ternary materials, and high-voltage ternary materials, with several products entering mass production[46]. Market and Sales - The company’s sales model primarily involves direct sales, with a focus on customer engagement and product development based on client needs[40]. - The sales of new energy vehicles in China reached 2.6 million units, representing a year-on-year growth of 115.59%[43]. - The company has established a stable customer channel, successfully entering the supplier systems of major lithium battery manufacturers such as CATL and BYD[69]. - The company has a leading position in the domestic market for high-power lithium battery cathode materials, with several products aimed at electric tools and digital applications[56]. Environmental and Social Responsibility - The company reported a total of 44.13 million tons of wastewater processed in the first half of 2022, with 26.73 million tons reused and 1.49 million tons discharged in compliance with standards[132]. - The company’s subsidiary, Jinch Materials, is classified as a key pollutant discharge unit, with all monitored pollutants meeting regulatory standards during the reporting period[127]. - The company constructed various pollution control facilities, including ammonia absorption towers and RTO incinerators, which operated smoothly during the reporting period[132]. - The company has established a comprehensive environmental monitoring plan, with all pollution indicators meeting the required standards[134]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[135]. - In the first half of 2022, the company participated in poverty alleviation efforts, contributing a total of CNY 132,300 in consumption assistance and facilitating employment for 6 workers from targeted villages[144]. Governance and Compliance - The report has not been audited, and the management has confirmed the accuracy and completeness of the financial report[7]. - There were no significant changes in the company's governance structure or non-operating fund occupation by controlling shareholders[10]. - The company committed to not transferring or entrusting the management of its shares for 36 months from the date of listing on the STAR Market[154]. - The company will not repurchase shares during the lock-up period, which lasts for 36 months from the listing date[155]. - The company prioritizes cash dividends in its profit distribution policy, with a minimum of 10% of distributable profits to be distributed as cash dividends if profits are positive[166]. - The company commits to strictly adhere to its profit distribution policy as outlined in its articles of association[169]. - The company will publicly disclose any failure to fulfill commitments and apologize to shareholders, while also taking legal responsibility for any resulting losses[199].
长远锂科(688779) - 2022 Q1 - 季度财报
2022-04-26 16:00
Financial Performance - The company's operating revenue for Q1 2022 reached ¥3,392,940,205.66, representing a year-on-year increase of 179.31%[5] - Net profit attributable to shareholders was ¥303,899,733.84, up 163.75% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥277,396,536.64, reflecting a 151.73% increase year-on-year[5] - Total operating revenue for Q1 2022 reached ¥3,392,940,205.66, a significant increase from ¥1,214,772,018.26 in Q1 2021, representing a growth of approximately 179.5%[33] - Net profit for Q1 2022 was ¥303,899,733.84, up from ¥115,224,327.15 in Q1 2021, reflecting a growth of approximately 163.5%[36] - The company reported a total comprehensive income of ¥303,899,733.84 for Q1 2022, compared to ¥115,224,327.15 in Q1 2021, reflecting a substantial increase[36] Earnings and Shareholder Metrics - The basic earnings per share for the reporting period was ¥0.16, marking a 100.00% increase[5] - Earnings per share for Q1 2022 were ¥0.16, compared to ¥0.08 in Q1 2021, doubling the earnings per share[36] - The weighted average return on equity was 4.55%, an increase of 0.99 percentage points[5] - The total equity attributable to shareholders reached ¥6,827,202,646.27, up from ¥6,523,302,912.43, indicating a growth of approximately 4.7%[33] - The total number of ordinary shareholders at the end of the reporting period was 59,257[14] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥11,465,699,951.78, a 22.00% increase from the end of the previous year[8] - As of March 31, 2022, the company's total assets reached ¥11,465,699,951.78, an increase from ¥9,398,305,360.56 at the end of 2021, representing a growth of approximately 22%[21] - The company's current assets amounted to ¥8,175,558,438.40, up from ¥6,355,247,200.41, indicating a year-over-year increase of about 28.6%[23] - The total liabilities as of the end of the reporting period were ¥4,638,497,305.51, compared to ¥2,875,002,448.13 in the previous year, an increase of about 61.5%[33] - The total current liabilities increased to ¥4,478,157,708.32 from ¥2,720,687,495.54, representing a growth of about 64.5%[26] Cash Flow and Investments - The net cash flow from operating activities was negative at -¥477,003,030.98, indicating a significant impact from rising raw material costs[5] - Cash flow from operating activities in Q1 2022 totaled ¥324,263,005.73, slightly down from ¥327,804,657.51 in Q1 2021[39] - The net cash flow from operating activities was -$477 million, compared to -$68.6 million in the previous period, indicating a significant increase in cash outflow[43] - Total cash outflow from investing activities was $70.6 million, up from $21.9 million in the previous period, reflecting increased investment expenditures[43] - The net increase in cash and cash equivalents was -$547.5 million, compared to -$90.4 million in the previous period, highlighting a substantial decline in liquidity[43] Research and Development - Research and development expenses totaled ¥136,341,788.30, which is a 144.91% increase year-on-year[8] - Research and development expenses for Q1 2022 amounted to ¥136,341,788.30, significantly higher than ¥55,669,159.97 in Q1 2021, marking an increase of approximately 144.5%[33] Inventory and Receivables - Accounts receivable increased significantly to ¥3,290,780,542.48 from ¥2,202,785,198.86, reflecting a growth of approximately 49.3%[21] - Inventory levels rose to ¥2,353,693,078.33, compared to ¥1,576,812,680.76, marking an increase of around 49%[23] Borrowings and Payables - Short-term borrowings surged to ¥96,300,845.10 from ¥28,740,114.90, indicating a substantial increase of approximately 235%[26] - The company reported a significant rise in accounts payable, which reached ¥2,524,565,597.64, compared to ¥1,687,817,218.69, an increase of approximately 49.5%[26] Company Strategy and Developments - The company plans to continue expanding its production capacity to meet increasing market demand[5] - The company has not disclosed any new product or technology developments in the current report[21] - There are no updates on market expansion or mergers and acquisitions mentioned in the report[21] - The company did not report any cash inflows from investment activities, indicating a lack of asset disposals or returns on investments during the period[43] - The company has not disclosed any new product developments or market expansion strategies in this report[43] - There were no mentions of mergers or acquisitions in the financial results presented[43]