一、主要会计数据和财务指标 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.0100 | -0.0180 | 44.44 | 0.0060 | | 每股净资产（元） | 1.82 | 1.88 | -3.19 | 1.83 | | 每股公积金(元) | 0.14 | 0.14 | 0 | 0.14 | | 每股未分配利润(元) | 0.53 | 0.61 | -13.11 | 0.56 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 2.5 | 2 | 25 | 1.89 | | 净利润(亿元) | -0.03 | -0.06 | 50 | 0.02 | | 净资产收益率(%) | -0.55 | -0.94 | 41.49 | 0.31 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 三、分红送配方案情况 本次公司不分配不转赠。 前十大流通股东累计持有： 3908.01万股，累 ...

数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 4172.54万股，累计占流通股比： 12.98%，较上期变化： -274.14万股。 | 名称 | 持有数量(万股) | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 上海中路(集团)有限公司 | 2265.83 | 7.05 | -250.00 | | 张源 | 476.65 | 1.48 | 77.65 | | 李文武 | 334.39 | 1.04 | 不变 | | 牛佳伟 | 262.34 | 0.82 | 11.59 | | 马淑环 | 195.12 | 0.61 | 不变 | | GUOTAI JUNAN SECURITIES (HONG KONG) LIMITED | 171.32 | 0.53 | -12.59 | | 乔建芳 | 128.88 | 0.40 | -33.62 | | 欧阳保花 | 119.00 | 0.37 | 不变 | | 黄莲纳 | 110.00 | 0.34 | 新进 | | 胡海存 | 10 ...

2024 年半年度报告 公司代码：600818 公司简称：中路股份 公司代码：900915 公司简称：中路 B 股 中路股份有限公司 2024 年半年度报告 1 / 140 2024 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，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。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人陈闪、主管会计工作负责人孙云芳及会计机构负责人（会计主管人员）郭雯洁声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 报告期内未有经董事会审议的本报告期利润分配预案或公积金转增股本预案。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半 ...

Financial Performance - The company achieved a net profit attributable to shareholders of 24,100,752.62 CNY in 2023, with a parent company net profit of 15,870,623.31 CNY after a 10% statutory surplus reserve allocation[2]. - The total distributable profit for the parent company at the end of 2023 was 258,394,073.41 CNY, with no profit distribution or capital reserve transfer planned for this year[2]. - The company reported an operating income of 973,316,900 CNY in 2023, representing a year-on-year growth of 4.94%[13]. - The net profit attributable to shareholders for 2023 was 24,100,752.62 CNY, marking a turnaround from a loss to profit[13]. - Operating revenue for the current period reached ¥973,316,948.93, an increase of 4.94% compared to ¥927,486,208.39 in the same period last year[25]. - The total comprehensive income for the current period was 15,870,623.31 RMB, reflecting a positive performance[66]. - The retained earnings increased to 40,789,237.06 RMB, indicating growth in undistributed profits[66]. - The total owner's equity at the end of the reporting period is 609,381,231.20 CNY, a decrease of 51,485,895.46 CNY compared to the previous period[69]. - The company reported a positive profit for the reporting period, with net profit available for distribution to shareholders being positive, but no cash profit distribution plan was proposed due to the need to retain earnings for strategic upgrades and industry opportunities[185]. Research and Development - The company has developed a patented high-altitude wind power generation technology, with 36 patents obtained by the end of the reporting period[21]. - The company aims to enhance product types and functions through increased R&D investment, focusing on green and low-carbon initiatives[13]. - Research and development expenses decreased by 33.31% to ¥17,534,572.69 from ¥26,291,286.58 in the previous year[25]. - The total R&D investment for the period was CNY 17,534,572.69, accounting for 1.80% of operating revenue[96]. - The number of R&D personnel is 122, representing 17.04% of the total workforce[96]. Business Strategy and Market Trends - The company plans to promote high-altitude wind power technology development and industrialization to contribute to China's carbon neutrality goals by 2060[13]. - The bicycle industry in China is expected to continue growing, driven by strong domestic demand and government policies supporting sustainable transportation[17]. - The company aims to develop high-end, personalized bicycles to enhance product competitiveness and brand image, responding to consumer demand shifts towards sports and leisure[92]. - The company plans to leverage e-commerce platforms and develop new products that integrate with electronic devices to meet market trends[93]. - The company is actively pursuing investments in unlisted companies and plans to promote their listing through various exit strategies[93]. - The company is focused on expanding its dual business model in bicycle manufacturing and equity investment[42]. Cash Flow and Investments - Net cash flow from operating activities was negative at -¥1,462,004.06, a significant decline from ¥48,928,273.09 in the same period last year[25]. - Net cash flow from investing activities decreased by 55.09% to ¥34,012,182.68 from ¥75,729,994.47 year-on-year[25]. - Net cash flow from financing activities showed a substantial increase of 235.54%, reaching -¥65,364,965.42 compared to -¥19,480,417.58 in the previous year[25]. - The company actively sold equity investments, generating ¥16,280,000 from the sale of a 5.56% stake in Guangdong Meidian Bell Technology Group[38]. - Investment income decreased by 84.88% to 6,682,520.53 CNY compared to the previous year, primarily due to reduced returns from investments[82]. Operational Metrics - The average occupancy rate of the 1940·iHUB creative industry park was approximately 85%, contributing to increased rental income[16]. - Bicycle and children's vehicle sales reached 4,417,156 units, a decrease of 6.39% compared to the previous year[55]. - Electric vehicle sales totaled 140,981 units, reflecting a significant decline of 35.52% year-over-year[55]. - The cost of raw materials in the manufacturing sector increased by 10.02% compared to the same period last year, totaling CNY 143,449,248.80[95]. - Labor costs in the manufacturing sector rose by 63.92% year-on-year, amounting to CNY 10,977,637.87[95]. Governance and Management - The company has established a comprehensive internal control system to ensure compliance with regulatory requirements[118]. - The company held its 48th annual general meeting on June 28, 2023, where key reports and financial budgets were approved[119]. - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to CNY 3.1998 million[123]. - The company has a total of 9 board members and senior management personnel, with varying roles and responsibilities[122]. - The company has established a clear decision-making process for determining the remuneration of its directors and senior management[123]. Challenges and Risks - The controlling shareholder's stake has decreased to 7.83% due to judicial auction, which may lead to changes in actual control if further disposals occur[134]. - The company is facing risks in its high-altitude wind energy business, which has not yet achieved commercial operation and is subject to significant uncertainties[134]. - A significant arbitration case is ongoing, with a claim amounting to approximately ¥5.05 million related to a contract dispute with Shanghai Forever Bicycle Co., Ltd.[196]. Subsidiaries and Liquidation - The company established two new subsidiaries during the reporting period, indicating a strategy for market expansion[78]. - The company has proposed to liquidate and cease operations for its subsidiary, Zhonglu Energy (Shanghai) Co., Ltd.[125]. - Zhonglu Energy (Shanghai) Co., Ltd. will undergo liquidation and deregistration following the substantial progress in high-altitude wind energy construction, as decided in a shareholder meeting[199].

Financial Performance - The company's operating revenue for Q3 2023 was ¥272,720,591.45, a decrease of 12.98% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was ¥1,644,387.76, down 89.03% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥2,166,643.70, a decrease of 63.60% compared to the same period last year[5] - The basic earnings per share for Q3 2023 was ¥0.005, a decline of 89.36% year-on-year[5] - Net profit for the first three quarters of 2023 was RMB 9,260,263.07, a decrease of 54.4% from RMB 20,345,285.15 in the same period of 2022[19] - The company's gross profit margin decreased, with operating profit for the first three quarters at RMB 14,874,756.42, down from RMB 34,226,607.47 in 2022, indicating a decline of 56.5%[19] - Net profit for the first three quarters of 2023 was 15,601,216.86 RMB, down from 20,959,468.38 RMB in the same period of 2022, reflecting a decrease of approximately 25.6%[24] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥973,920,515.63, an increase of 5.85% from the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2023 was ¥567,642,300.35, a decrease of 2.97% from the end of the previous year[6] - The total assets of the company as of September 30, 2023, amounted to RMB 973,920,515.63, compared to RMB 920,115,297.97 at the end of 2022, an increase of 5.9%[15] - The total liabilities increased to RMB 378,903,403.98 from RMB 339,258,449.39, reflecting a rise of 11.7%[15] - The company reported a total liability of 177,103,054.52 RMB as of September 30, 2023, down from 187,724,183.54 RMB at the end of 2022[23] Cash Flow - The net cash flow from operating activities for Q3 2023 was -¥25,219,097.06, not applicable for year-on-year comparison[5] - Operating cash flow for the first three quarters of 2023 was negative at -8,861,883.80 RMB, a significant decline from 90,888,885.42 RMB in the same period of 2022[20] - Cash flow from operating activities for the first three quarters of 2023 was negative at -¥45,002,603.42, compared to a positive cash flow of ¥32,328,941.26 in the same period of 2022[26] - Total cash inflow from operating activities was ¥559,111,686.39, down from ¥598,687,460.05 in the previous year, reflecting a decrease of approximately 6.5%[26] - The company reported a net cash increase of -¥35,278,783.63 in Q3 2023, contrasting with a net increase of ¥17,260,508.63 in Q3 2022[27] - The ending cash and cash equivalents balance for Q3 2023 was ¥18,606,176.45, significantly lower than ¥71,055,469.48 at the end of Q3 2022, indicating a decline of about 73.8%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,682[10] - The company raised 4,900,000.00 RMB from minority shareholders in Q3 2023, compared to 2,450,000.00 RMB in the same period of 2022[20] Research and Development - The company reported a decrease in R&D expenses to RMB 11,481,997.04 from RMB 20,548,588.71, a reduction of 44.3%[19] - Research and development expenses for the first three quarters of 2023 were 1,992,810.87 RMB, an increase of 41.7% compared to 1,405,621.07 RMB in 2022[24] Government Support - The company received government subsidies amounting to ¥586,707.43 during the reporting period[8] Inventory and Receivables - Accounts receivable increased significantly to RMB 68,838,166.02 from RMB 34,159,983.26, representing a growth of 101.5%[13] - The company’s inventory decreased to 463,252.25 RMB as of September 30, 2023, from 582,286.26 RMB at the end of 2022, indicating a reduction of approximately 20.4%[22]

Financial Performance - The company's operating revenue for the first half of 2023 was ¥458.83 million, an increase of 17.31% compared to ¥391.14 million in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2023 was ¥7.80 million, a decrease of 30.14% from ¥11.16 million in the same period last year[20]. - The net cash flow from operating activities decreased by 68.39% to ¥16.36 million, down from ¥51.74 million in the previous year[20]. - The basic earnings per share for the first half of 2023 were ¥0.024, down 31.43% from ¥0.035 in the same period last year[21]. - The company reported a significant increase in the basic earnings per share after deducting non-recurring gains and losses, which rose by 87.5% to ¥0.030 from ¥0.016[21]. - The company achieved a revenue of 458.83 million RMB in the first half of 2023, representing a year-on-year increase of 17.31%[27]. - The company reported a net profit from its subsidiary Shanghai Yongjiu of 538.36 million RMB, with total sales revenue of 368.27 million RMB[42]. - The total profit for the first half of 2023 was approximately ¥11.73 million, a 17.9% increase from ¥9.93 million in the same period of 2022[83]. - The comprehensive income for the current period is CNY 12,606,604.52, compared to CNY 11,454,855.89 in the previous year, indicating an increase of about 10%[99]. Assets and Liabilities - The total assets at the end of the reporting period were ¥933.69 million, reflecting a 1.47% increase from ¥920.12 million at the end of the previous year[20]. - The net assets attributable to shareholders increased by 1.33% to ¥592.82 million, compared to ¥585.02 million at the end of the previous year[20]. - Total assets at the end of the reporting period amounted to 930,000,000.00 RMB, with a year-on-year increase of 49.27% in current liabilities due to increased lease liabilities[35]. - Total liabilities stood at RMB 341,242,949.75, slightly up from RMB 339,258,449.39, reflecting a marginal increase of approximately 0.6%[74]. - The total liabilities have decreased, indicating improved financial health and reduced leverage[94]. Sales and Market Activity - A total of 2.233 million bicycles, electric bicycles, and children's bicycles were sold during the reporting period[27]. - The company’s foreign assets totaled 3,677,182.80 RMB, accounting for 0.39% of total assets[36]. - The company plans to expand its market presence and invest in new product development in the upcoming quarters[95]. - The bicycle industry is expected to maintain stable demand, with ongoing product research and technological upgrades enhancing market share[24]. Expenses and Investments - The company's sales expenses increased by 68.85% to 24.38 million RMB, attributed to higher costs in exhibitions, advertising, and promotions[30]. - Research and development expenses decreased by 41.31% to 8.50 million RMB, due to reduced R&D activities in wind energy projects[30]. - The investment income decreased by 69.28% to 6.72 million RMB, primarily due to reduced sales of LuDe Environment stocks[32]. - The company has invested 316,438,900.00 RMB in equity investments, with 59,381,900.00 RMB allocated to joint ventures[38]. Cash Flow and Liquidity - The company maintained a stable cash position with no short-term borrowings, enhancing liquidity for future investments[73]. - Cash and cash equivalents reached RMB 227,948,742.67, compared to RMB 211,648,087.41, showing a rise of approximately 7.7%[72]. - The company’s cash and cash equivalents were restricted due to arbitration, totaling 23,111,904.76 RMB[37]. - The cash flow from operating activities was impacted by increased payments for goods and services, totaling CNY 314,185,382.21, compared to CNY 259,886,217.57 in the previous year[88]. Corporate Governance and Structure - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has no plans for profit distribution or capital reserve transfer for the half-year period[48]. - The company has committed to transferring its related business within five years to eliminate competition and ensure no harm to its interests, with a deadline set for November 17, 2025[52]. - The company has not provided any guarantees to shareholders, actual controllers, or their related parties[61]. Strategic Initiatives - The company has signed a strategic cooperation agreement with China Energy Construction, transferring 51% equity of the high-altitude wind power project to a subsidiary of China Energy[28]. - The company aims to contribute to the "2030 carbon peak" and "2060 carbon neutrality" goals through its green low-carbon transportation initiatives[27]. - The company plans to develop its geographical advantage in Shanghai into an online new economy innovation demonstration park[26]. Accounting and Financial Reporting - The company’s financial statements are prepared based on the going concern principle and comply with the accounting standards issued by the Ministry of Finance[104][106]. - The company recognizes revenue when control of goods or services is transferred to the customer, which is when the customer has the right to payment and the legal ownership of the goods[182]. - The company recognizes government grants when it meets the attached conditions and can receive them, with related asset grants reducing the asset's book value or recognized as deferred income[189]. - The company recognizes deferred tax assets and liabilities based on the difference between the tax basis of assets and liabilities and their book values, calculated from temporary differences[190].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 188,745,030.76, representing a year-on-year increase of 42.90%[5] - The net profit attributable to shareholders was CNY 1,842,255.66, reflecting a significant increase of 156.70% compared to the same period last year[5] - Basic and diluted earnings per share both reached CNY 0.006, marking a 200.00% increase year-on-year[5] - In Q1 2023, the company reported a net profit of CNY 1,065,413.38, a significant improvement compared to a net loss of CNY 2,641,732.10 in Q1 2022, marking a turnaround of over 140%[16] - The net profit for Q1 2023 was CNY 3,342,209, compared to a net loss of CNY 512,278 in Q1 2022, marking a significant turnaround[22] - The operating profit for Q1 2023 was CNY 4,606,536, up from CNY 261,730 in the same period last year[22] Assets and Liabilities - The total assets at the end of the reporting period were CNY 921,496,584.12, a slight increase of 0.15% from the end of the previous year[5] - Total assets as of March 31, 2023, were ¥921,496,584.12, slightly up from ¥920,115,297.97 at the end of 2022[13] - The total liabilities increased to ¥339,574,322.16 in Q1 2023 from ¥339,258,449.39 at the end of 2022[13] - The company's total liabilities increased to CNY 199,670,783.27 from CNY 187,724,183.54, indicating a rise of approximately 6.5%[21] - The total liabilities and equity amounted to CNY 812,155,175.45 as of Q1 2023, an increase from CNY 796,874,468.84 in Q1 2022[22] Cash Flow - The company reported a net cash flow from operating activities of CNY -8,528,762.31, indicating a significant change due to increased payments for two-wheeled vehicle purchases[8] - The company's operating cash flow showed a net outflow of CNY -8,528,762.31, contrasting with a positive inflow of CNY 39,294,591.23 in Q1 2022, indicating a decline in cash generation from operations[18] - The net cash flow from operating activities for Q1 2023 was negative at CNY -17,021,146.49, compared to a positive CNY 15,978,921.52 in Q1 2022[23] - The company’s investment activities generated a net cash inflow of CNY 35,513,881.13, a significant increase from CNY 6,549,706.48 in Q1 2022[18] Research and Development - Research and development expenses decreased by 36.99% to CNY 5,380,995.34, primarily due to reduced spending on wind energy projects[8] - Research and development expenses decreased to CNY 5,380,995.34 from CNY 8,540,441.66, reflecting a reduction of about 37.5% year-over-year[16] - Research and development expenses increased to CNY 757,978.91 in Q1 2023, up from CNY 486,328.05 in Q1 2022, reflecting a focus on innovation[22] Inventory and Receivables - Inventory increased by 40.17% to CNY 55,359,514.55, attributed to higher stock levels of two-wheeled vehicles[7] - Accounts receivable increased to ¥40,992,689.38 in Q1 2023 from ¥34,159,983.26 in Q4 2022[12] - Inventory levels rose to ¥55,359,514.55 as of March 31, 2023, compared to ¥39,494,237.88 at the end of 2022[12] Equity and Shareholder Information - The company's equity attributable to shareholders was ¥586,866,915.98 as of March 31, 2023, compared to ¥585,024,660.32 at the end of 2022[13] - The company reported a total of 31,550 common shareholders as of the end of the reporting period[10] - The total equity attributable to owners was CNY 612,484,392.18 in Q1 2023, up from CNY 609,150,285.30 in Q1 2022[22] Government Subsidies and Financial Activities - The company received government subsidies amounting to CNY 862,645.34, an increase of 115.22% compared to the previous period[8] - The company received CNY 7,200,000 in cash related to financing activities in Q1 2023, indicating new funding efforts[23] Other Notable Points - The company has not yet achieved commercial operation of its high-altitude wind power generation, which carries uncertainties regarding project completion and expected output[11] - The company's short-term borrowings were fully repaid, resulting in a 100.00% decrease in this liability category[7] - The company's financial expenses decreased to CNY 868,502.25 from CNY 1,076,700.31, a reduction of approximately 19.3% year-over-year[16]

Financial Performance - In 2022, the company achieved a total operating revenue of ¥927,486,208.39, representing a 28.44% increase compared to ¥722,118,127.08 in 2021[19] - The net profit attributable to shareholders of the listed company was -¥76,328,451.65, a significant decline from a profit of ¥37,121,329.50 in 2021[19] - The basic earnings per share for 2022 was -¥0.24, down from ¥0.12 in 2021[20] - The weighted average return on equity decreased to -11.98%, down 17.57 percentage points from 5.59% in 2021[20] - The company reported a net loss of -4,167,811.74 for minority interests, a 207.03% increase from a profit of 3,894,238.93 in the previous period[56] - The company reported a total sales revenue of CNY 1,087,242,041.77 in 2022, compared to CNY 769,027,811.18 in 2021, reflecting a growth of 41.3%[142] - The total comprehensive income for 2022 was a loss of CNY 86,840,502.32, compared to a profit of CNY 24,084,014.20 in 2021[138] Cash Flow and Investments - The net cash flow from operating activities was ¥48,928,273.09, recovering from -¥33,865,849.94 in the previous year[19] - The company reported a significant increase in cash flow from investment activities, totaling 75.73 million yuan, up 860.58% year-on-year[40] - The company reported a substantial increase in sales costs, which rose to CNY 630,584,160.16 in 2022 from CNY 507,745,863.85 in 2021[140] - Cash flow from financing activities showed a net outflow of CNY 19,480,417.58, an improvement from a net outflow of CNY 30,295,678.43 in the previous year[143] - The company received CNY 2,450,000.00 from minority shareholders as part of investment in 2022, indicating active engagement in capital raising[143] Assets and Liabilities - The company's total assets at the end of 2022 were ¥920,115,297.97, a slight decrease of 1.09% from ¥930,296,132.12 in 2021[19] - The company's total liabilities increased to CNY 339,258,449.39 in 2022, up from CNY 243,833,017.79 in 2021, indicating a rise of about 39.1%[131] - The total equity of Zhonglu Co., Ltd. was CNY 580,856,848.58 as of December 31, 2022, down from CNY 686,463,114.33 in 2021, reflecting a decrease of approximately 15.4%[131] - The company's current assets increased significantly to CNY 364,925,689.13 in 2022, up from CNY 217,082,268.92 in 2021, representing a growth of approximately 68.3%[130] Research and Development - Research and development expenses decreased by 25.61% to 26.29 million yuan[40] - Total research and development expenses amounted to 26,291,286.58 CNY, accounting for 2.83% of total revenue[49] - The company's research and development expenses increased to CNY 1,954,200.66 in 2022 from CNY 1,424,821.11 in 2021, reflecting a focus on innovation[140] Market and Industry Trends - The bicycle and electric bicycle industry saw a revenue increase of 3% in 2022, with profits exceeding 100 billion yuan, reflecting a positive market trend[33] - The bicycle industry is shifting from traditional commuting needs to sports, leisure, and fitness demands, with high-end products accounting for 70% of sales in developed countries like Germany[66] - The company is focusing on the development of high-altitude wind power generation technology and has entered the implementation phase of the project[68] Corporate Governance and Management - The total remuneration for all directors, supervisors, and senior management during the reporting period amounted to 2.7531 million yuan[76] - The company has appointed a new supervisor, Lu Yongjian, due to the retirement of the previous supervisor[77] - The company’s board of directors has not changed significantly, with all members retaining their positions since their appointment[75] - The company has established an audit committee as part of its governance structure[81] Future Outlook and Plans - The company plans not to distribute profits for the year due to the losses incurred, with a cumulative distributable profit of ¥243,879,566.53 at the end of 2022[5] - The company plans to achieve an operating revenue of 1.1 billion yuan in the new fiscal year[69] - The company aims to maximize shareholder value by rationally allocating its asset structure and recovering funds through equity financial investments[29] Financial Reporting and Compliance - The financial statements are prepared based on the going concern principle, ensuring the company's ability to continue its operations[160] - The audit opinion confirmed that the financial statements were prepared in accordance with accounting standards and fairly represent the company's financial position[120] - The company has no significant changes in accounting policies or estimates during the reporting period[91]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 391,140,134.95, representing a 12.32% increase compared to CNY 348,242,672.27 in the same period last year[16]. - The net profit attributable to shareholders of the listed company decreased by 45.47% to CNY 11,159,325.70 from CNY 20,464,922.97 in the previous year[16]. - The basic earnings per share decreased by 45.31% to CNY 0.035 from CNY 0.064 in the same period last year[17]. - The weighted average return on net assets decreased by 1.47 percentage points to 1.65% from 3.12% in the previous year[17]. - The company reported a total profit for the first half of 2022 of CNY 9,940,167.85, compared to CNY 21,055,213.03 in the first half of 2021, reflecting a decline of 52.77%[72]. - The company's operating profit for the first half of 2022 was CNY 11,664,707.29, down from CNY 13,898,667.77 in the first half of 2021[72]. - The company experienced a decrease in net profit margin, with net profit for the first half of 2022 representing approximately 3.07% of operating revenue, down from 7.51% in the first half of 2021[71]. Cash Flow and Assets - The net cash flow from operating activities was CNY 51,740,298.99, a significant improvement from a negative cash flow of CNY -41,406,104.57 in the same period last year[16]. - Cash and cash equivalents rose by 49.34% to ¥133,889,913.17 from ¥89,656,269.92 year-over-year, driven by increased sales of goods and patent licensing[31]. - The company's total current assets increased to ¥352,030,614.96 from ¥217,082,268.92, reflecting a growth of approximately 62.2%[62]. - The total assets increased by 11.20% to CNY 1,034,461,251.17 compared to CNY 930,296,132.12 at the end of the previous year[16]. - Total liabilities rose to ¥359,552,461.25 from ¥243,833,017.79, marking an increase of approximately 47.5%[63]. - The cash flow from operating activities for the first half of 2022 was CNY 436,714,246.20, compared to CNY 323,101,345.32 in the first half of 2021, indicating a significant increase[74]. Investments and Expenses - The company reported an investment income of CNY 21.87 million, a 77.24% increase compared to the previous year, due to the sale of part of the shares in Lude Environment[28]. - The company reported a loss of CNY 1,481,771.30 from investment income in the first half of 2022, compared to a gain of CNY 2,710,956.35 in the same period of 2021[72]. - Research and development expenses for the first half of 2022 were CNY 14,484,906.46, slightly down from CNY 14,990,372.49 in the previous year[68]. - The company reported a total of 632,966,533 shares frozen cumulatively, indicating significant shareholder restrictions[56]. Market and Business Development - The company has not disclosed any plans for new product development or market expansion in this report[7]. - The company is actively developing the high-altitude wind power generation project, with completion expected by the end of 2022[22]. - The company is expanding its public bicycle rental services, having initiated this business in 2009, and is now a pioneer in the shared economy[21]. - The bicycle manufacturing business includes the production and sale of bicycles and components, with a focus on special vehicles and related products[19]. Shareholder Information - The top shareholder, Zhonglu Group, reduced its holdings by 3,350,000 shares, holding a total of 98,084,334 shares, representing 30.51% of the total shares[56]. - Zhang Yuan decreased his holdings by 5,379,946 shares, now holding 6,507,600 shares, which is 2.02% of the total[56]. - The total number of ordinary shareholders as of the end of the reporting period was 27,703[54]. Financial Stability and Liabilities - The total liabilities increased to CNY 236,419,130.30 from CNY 212,813,282.29, representing a rise of 11.1%[66]. - The company's total equity decreased to CNY 651,954,392.93 from CNY 660,867,126.66, a decline of 1.4%[67]. - The company reported a total guarantee amount of RMB 55 million, which accounts for 8.17% of the company's net assets[49]. Accounting Policies and Standards - The company's financial statements are prepared in accordance with the Chinese Accounting Standards[93]. - The financial report is based on the assumption of going concern[94]. - The company has not reported any changes in accounting policies or prior period error corrections during this period[79]. Environmental and Legal Matters - The company has no significant environmental information disclosures or changes during the reporting period[44]. - There were no significant lawsuits or arbitration matters during the reporting period[46].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 200,550,902.50, a decrease of 18.11% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was CNY 2,745,434.84, down 56.16% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,378,773.55, a decrease of 43.59% compared to the previous year[5]. - The basic earnings per share for Q3 2021 was CNY 0.009, a decline of 52.63% year-on-year[5]. - The net profit for Q3 2021 was CNY 13,395,827.12, an increase from CNY 11,960,261.01 in Q3 2020, representing a growth of approximately 11.97%[19]. - The total comprehensive income for Q3 2021 was CNY 13,395,827.12, compared to CNY 11,886,867.06 in Q3 2020, an increase of approximately 12.66%[20]. - The profit before tax for Q3 2021 was CNY 22,075,049.07, compared to CNY 15,979,459.91 in Q3 2020, an increase of approximately 38.5%[19]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 939,024,381.73, a decrease of 1.61% from the end of the previous year[6]. - The company's total assets amounted to CNY 939,024,381.73, a decrease from CNY 954,386,311.94 at the end of 2020[16]. - The company's total current assets increased to CNY 225,292,107.08 from CNY 209,216,423.68 year-on-year[15]. - The company's total liabilities decreased to CNY 263,249,454.48 from CNY 304,257,211.81 year-on-year[16]. - Total liabilities amounted to 304,257,211.81 RMB, with current liabilities making up a significant portion[28]. - Non-current assets totaled 745,169,888.26 RMB, reflecting a slight increase due to adjustments related to the new leasing standards[27]. Shareholder Equity - Shareholders' equity attributable to the parent company increased by 3.60% to CNY 668,657,903.71 compared to the end of the previous year[6]. - The company's total equity attributable to shareholders increased to CNY 668,657,903.71 from CNY 645,447,545.90 year-on-year[16]. - The company's total equity was reported at 650,129,100.13 RMB, indicating stability in shareholder equity[28]. Cash Flow - The company reported a net cash flow from operating activities of CNY -20,893,818.48 for the year-to-date, reflecting a 3.65% improvement year-on-year[5]. - The net cash flow from operating activities was negative at CNY -20,893,818.48, slightly worse than the previous year's negative cash flow of CNY -20,158,785.50[23]. - The net cash flow from investing activities was 7,924,287.70 RMB, a significant decrease from 83,943,354.43 RMB in the previous period[24]. - Cash inflows from financing activities totaled 79,450,000.00 RMB, while cash outflows were 94,877,903.99 RMB, resulting in a net cash flow of -15,427,903.99 RMB[24]. - The company's cash and cash equivalents as of September 30, 2021, were CNY 108,306,652.79, compared to CNY 157,221,270.60 at the end of 2020[14]. - Total cash and cash equivalents at the end of the period amounted to 118,306,652.79 RMB, down from 147,221,270.60 RMB at the beginning of the period[24]. Expenses and Investments - The company experienced an increase in personnel actuarial expenses by CNY 3.04 million and R&D expenses for the high-altitude wind energy project by CNY 4.45 million, contributing to the decline in net profit[8]. - Research and development expenses increased to CNY 25,689,814.58 from CNY 20,789,825.62, reflecting a growth of approximately 23.6%[19]. - The investment income for Q3 2021 was CNY 21,584,076.87, down from CNY 35,321,919.28 in Q3 2020, a decrease of approximately 38.9%[19]. - The company reported a decrease in sales expenses to CNY 24,053,259.03 from CNY 28,027,852.36, a reduction of about 14.0%[19]. Project Developments - The company is progressing with its high-altitude wind energy project, which is a key focus for future growth[12]. - The company decided to terminate the non-public issuance of A-shares for the high-altitude wind power project and has applied to withdraw related documents from the China Securities Regulatory Commission[13]. - The company approved the transfer of 51% equity in the Jixi high-altitude wind power project to China Energy Construction Group Planning and Design Co., Ltd. for a cash payment of CNY 38.25 million, with the company's contribution being CNY 36.75 million[13]. - The company plans to continue developing high-altitude wind power projects and seek opportunities in other regions[13]. Government Support - The company received government subsidies amounting to CNY 102,031.53 during the reporting period, which are closely related to its normal business operations[8]. Foreign Exchange Impact - The company experienced a negative impact of -517,183.04 RMB from foreign exchange fluctuations on cash and cash equivalents[24].