上工申贝（集团）股份有限公司（以下简称"公司"）已于 2024 年 8 月 27 日发布公 司 2024 年半年度报告。为便于广大投资者更全面深入地了解公司 2024 年半年度经营成 果和财务状况等情况，公司将参加由上海上市公司协会与深圳市全景网络有限公司联合 举办的"2024 年上海辖区上市公司投资者集体接待日暨中报业绩说明会"，就投资者关心 的问题进行互动交流。 证券代码：600843 900924 证券简称：上工申贝 上工 B 股 公告编号：2024-053 上工申贝（集团）股份有限公司 关于参加2024年上海辖区上市公司投资者集体接待日 暨中报业绩说明会的公告 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：2024 年 9 月 13 日（星期五）14:00-16:30 会议召开地点："全景路演"网站（网址：https://rs.p5w.net/html/143790.shtml） 或关注微信公众号：全景财经，或下载全景路演 APP 会议召开方式：网络文字互动方式 一、说明会类型 五、联系 ...

公司代码：600843 900924 公司简称：上工申贝 上工 B 股 上工申贝（集团）股份有限公司 2024 年半年度报告 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、 公司负责人张敏、主管会计工作负责人赵立新及会计机构负责人（会计主管人员）陈俐漪声 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 不适用 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告涉及的公司未来计划、发展战略等前瞻性描述不构成公司对投资者的实质性承诺，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年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中披露了公司可能面对的风险，敬请投资 ...

Financial Performance - The company's operating revenue for Q3 2023 was ¥955,055,790.26, representing a year-on-year increase of 15.89%[3] - The net profit attributable to shareholders for Q3 2023 was ¥10,084,433.17, a decrease of 63.85% compared to the same period last year[3] - The basic earnings per share for Q3 2023 was ¥0.0141, down 64.21% year-on-year[3] - Total operating revenue for the first three quarters of 2023 reached ¥2,692,779,374.11, an increase of 16% compared to ¥2,320,761,943.45 in the same period of 2022[16] - Total revenue for Q3 2023 reached 143,208,514.76, an increase from 120,329,758.93 in Q3 2022, representing a growth of approximately 19.5%[18] - Net profit for Q3 2023 was 108,742,128.18, slightly up from 106,124,176.25 in the same quarter last year, indicating a growth of about 2.5%[18] - Operating profit for Q3 2023 was reported at 143,607,641.22, compared to 119,323,935.88 in Q3 2022, reflecting an increase of approximately 20.3%[18] - Total comprehensive income for Q3 2023 was 122,023,645.57, compared to 99,443,333.55 in Q3 2022, representing a growth of around 22.6%[19] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was -¥130,139,030.71, indicating a negative cash flow situation[3] - The company reported a decrease in cash flow from operating activities, which is a critical area for future monitoring[10] - Cash inflow from operating activities for the first nine months of 2023 was 2,729,650,234.11, an increase from 2,438,938,987.76 in the same period of 2022, indicating a growth of approximately 11.9%[21] - Sales revenue from goods and services received cash of 2,649,986,165.01 in the first nine months of 2023, compared to 2,329,571,741.03 in the same period of 2022, reflecting an increase of about 13.7%[21] - The net increase in cash and cash equivalents was -$482,158,342.35, compared to -$376,697,851.25 in the same quarter last year[22] - The beginning balance of cash and cash equivalents was $1,079,099,390.75, up from $1,006,984,988.08 year-over-year[22] Assets and Liabilities - Total assets at the end of Q3 2023 reached ¥6,036,926,169.50, an increase of 3.42% from the end of the previous year[4] - As of September 30, 2023, total current assets amounted to ¥3,916,286,185.11, up from ¥3,790,349,971.95 at the end of 2022[11] - The company's total assets reached ¥6,036,926,169.50, up from ¥5,837,535,754.47 at the end of 2022, marking a growth of about 3.4%[14] - Total liabilities as of September 30, 2023, were ¥2,472,563,150.31, compared to ¥2,388,999,632.60 at the end of 2022, indicating an increase of approximately 3.5%[14] - Long-term borrowings increased to ¥160,764,984.87 from ¥129,438,591.87, representing a rise of approximately 24.3%[14] Expenses and Profitability - The company experienced a significant increase in operating expenses, which contributed to the decline in net profit despite an increase in revenue[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥12,267,329.85, down 52.63% year-on-year[3] - The company reported non-recurring gains and losses totaling -¥2,182,896.68 for Q3 2023[5] - Research and development expenses increased to 106,265,413.63 in Q3 2023 from 80,575,206.00 in Q3 2022, marking a rise of about 31.9%[18] - Tax expenses for Q3 2023 were 34,466,386.58, significantly higher than 14,205,582.68 in Q3 2022, indicating an increase of approximately 142.5%[18] Future Outlook - Future outlook includes potential market expansion and new product development, although specific details were not disclosed in the report[10]

证券代码：600843 900924 证券简称：上工申贝 上工 B 股 公告编号：2023-043 上工申贝（集团）股份有限公司 关于参加2023年上海辖区上市公司投资者集体接待日 暨中报业绩说明会的公告 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。 会议召开时间：2023 年 9 月 7 日（星期四）14:00-16:30 会议召开地点："全景路演"网站（网址：http://rs.p5w.net） 会议召开方式：网络远程互动 投资者可于 2023 年 9 月 4 日（星期一）至 9 月 6 日（星期三）16:00 前通过扫描 公告内二维码登录后输入公司证券代码（600843）或简称（上工申贝）后填写问题， 或通过公司邮箱（600843@sgsbgrouop.com）向公司提问。公司将于说明会上对投资者 普遍关注的问题进行回答。 上工申贝（集团）股份有限公司（以下简称"公司"）已于 2023 年 8 月 29 日发布 公司 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 年上半年度 经营成果、财务状况 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 850,896,684.89, representing a year-on-year increase of 17.17%[4] - The net profit attributable to shareholders decreased by 16.11% to CNY 35,162,307.33[4] - The net profit after deducting non-recurring gains and losses fell by 56.88% to CNY 12,783,507.05[4] - Total operating revenue for Q1 2023 reached ¥850,896,684.89, an increase from ¥726,236,408.89 in Q1 2022, representing a growth of approximately 17.2%[17] - Net profit for Q1 2023 was ¥37,169,808.82, a decrease from ¥42,044,551.79 in Q1 2022, reflecting a decline of approximately 11.5%[19] - The profit attributable to shareholders of the parent company for Q1 2023 was ¥35,162,307.33, down from ¥41,912,570.87 in Q1 2022, showing a decrease of around 16.2%[19] - Earnings per share for Q1 2023 were ¥0.0493, compared to ¥0.0592 in Q1 2022, representing a decline of approximately 16.5%[19] - The company reported a total comprehensive income of ¥36,366,538.55 for Q1 2023, down from ¥53,972,686.93 in Q1 2022, reflecting a decrease of about 32.8%[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,720,618,621.16, a decrease of 2.00% compared to the end of the previous year[5] - As of March 31, 2023, the total assets of the company amounted to RMB 5,720,618,621.16, a decrease from RMB 5,837,535,754.47 as of December 31, 2022, reflecting a decline of approximately 2.01%[13] - The total current assets were reported at RMB 3,678,381,279.11, down from RMB 3,790,349,971.95, indicating a decrease of approximately 2.95%[13] - The total liabilities as of the end of Q1 2023 amounted to ¥2,196,935,772.31, a decrease from ¥2,388,999,632.60 at the end of Q1 2022[18] - The total current liabilities decreased to RMB 1,783,337,408.39 from RMB 1,970,398,314.23, reflecting a decline of about 9.49%[14] Cash Flow - Cash flow from operating activities was negative at CNY -136,624,465.30, indicating a significant cash outflow[4] - In Q1 2023, the cash inflow from operating activities was $776,763,801.94, an increase of 3.4% compared to $747,369,710.44 in Q1 2022[22] - The net cash outflow from operating activities was -$136,624,465.30, worsening from -$92,532,760.90 in the same period last year[22] - The total cash outflow from operating activities was $913,388,267.24, an increase of 8.7% compared to $839,902,471.34 in Q1 2022[22] - The ending cash and cash equivalents balance was $638,882,595.50, down from $1,146,505,043.55 in Q1 2022, reflecting a decrease of 44.3%[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,520[9] - The top shareholder, Shanghai Pukefei Investment Co., Ltd., holds 60,000,000 shares, accounting for 8.41% of total shares[9] - The company reported a total of 60,000,000 shares held by Shanghai Pukefei Investment Co., Ltd., making it the largest unrestricted shareholder[10] Operational Insights - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[11] - There are no significant changes in the company's operational strategies or mergers and acquisitions reported for this quarter[11] Costs and Expenses - Total operating costs for Q1 2023 were ¥823,408,817.03, up from ¥685,822,998.89 in Q1 2022, indicating a rise of about 20.1%[18] - Research and development expenses for Q1 2023 were ¥33,146,612.30, up from ¥26,961,015.02 in Q1 2022, indicating an increase of approximately 22.9%[18] Investment Performance - The company experienced a 75.67% decline in investment income, mainly due to reduced returns from wealth management products[7] - The company's long-term equity investments were reported at RMB 564,642,069.90, slightly down from RMB 566,827,557.44, indicating a decrease of about 0.39%[14]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately RMB 1.497 billion, a decrease of 0.55% compared to the same period last year[22]. - The net profit attributable to shareholders for the first half of 2022 was approximately RMB 61.12 million, down 24.05% year-on-year[22]. - The basic earnings per share for the first half of 2022 was RMB 0.0864, a decline of 41.70% compared to RMB 0.1482 in the same period last year[21]. - The net cash flow from operating activities for the first half of 2022 was negative RMB 122.92 million, compared to negative RMB 110.64 million in the previous year[22]. - Operating profit was 91 million RMB, down 20.76% year-on-year, primarily due to rising raw material costs and changes in product sales structure[36]. - The gross profit margin for the main business decreased by 1.81 percentage points compared to the previous year[36]. - The company reported a decrease in comprehensive income to CNY 54,352,845.44 from CNY 71,232,411.47, a decline of 23.69%[103]. - The net profit for the first half of 2022 was CNY 71,162,302.18, down 21.96% from CNY 91,160,787.57 in the first half of 2021[102]. Assets and Liabilities - The total assets at the end of the reporting period were approximately RMB 5.520 billion, an increase of 1.54% from the end of the previous year[22]. - The total liabilities amounted to CNY 2,161,680,055.93, compared to CNY 2,104,472,908.86, showing an increase of approximately 2.72%[96]. - The company's cash and cash equivalents decreased by 36.08% to ¥657,675,908.29, accounting for 11.91% of total assets[46]. - Accounts receivable decreased by 80.77% to ¥3,278,259.75, which is 0.06% of total assets[46]. - The total liabilities amounted to CNY 1,161,950,244.11, an increase from CNY 1,081,981,341.60 in the previous year, indicating a growth of 7.36%[102]. Inventory and Production - In the first half of 2022, the industrial sewing machine production decreased by 21.99% year-on-year, with a total output of 240 million units, reflecting a significant decline in the industry[26]. - The company reported a 57.97% year-on-year increase in inventory levels, with 1.37 million units of sewing equipment in stock, highlighting significant pressure to reduce inventory[27]. - The total industrial output value of 100 major enterprises in the sewing machinery industry was 10.7 billion yuan, down 10.17% year-on-year, indicating a worsening trend compared to the first quarter[26]. Market and Sales - Exports of sewing machinery products reached 1.713 billion yuan in the first half of 2022, a year-on-year increase of 14.31%, with industrial sewing machine exports growing by 12.01% in quantity and 29.23% in value[29]. - The company experienced a significant decline in household sewing machine exports, with a drop of 33.05% in quantity and 38.27% in value, attributed to the fading "stay-at-home economy" effect[29]. - Domestic retail sales of clothing decreased by 8% year-on-year, indicating a significant decline in demand[36]. - The company reported a 40-50% decline in domestic sales of sewing machinery, with some companies experiencing declines exceeding 60%[36]. Research and Development - The company has a strong R&D capability, with a focus on applying Industry 4.0 technologies in sewing equipment, supported by recognized research centers in Shanghai, Zhejiang, and Tianjin[34]. - The company continues to expand its smart equipment manufacturing business, particularly in structural components, reinforcing its core competitiveness in the industry[34]. Corporate Governance and Compliance - The company did not distribute profits or increase capital reserves during the reporting period[6]. - The company has not reported any significant litigation or arbitration matters during the reporting period[72]. - The company has not disclosed any non-operating fund occupation by controlling shareholders or related parties during the reporting period[71]. - The company has not made any significant acquisitions or mergers during the reporting period[74]. Environmental Responsibility - The company has implemented an environmental management system certified to GB/T24001-2015, focusing on pollution prevention and compliance with environmental regulations[68]. - In the first half of 2022, the company disposed of 4.318 tons of hazardous waste, demonstrating its commitment to environmental responsibility[68]. - The company is actively promoting a rainwater and sewage separation project to improve ecological conditions and urban infrastructure[68]. - The company is committed to green development and aims to contribute to national carbon reduction goals[68]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 26,313[85]. - The top ten shareholders hold a total of 60,000,000 shares, representing 8.41% of the total shares[87]. - The largest shareholder, Shanghai Pukefei Ren Investment Co., Ltd., holds 60,000,000 shares, with no shares under pledge or freeze[87]. - The company’s executive, Xia Guoqiang, increased his holdings from 54,900 shares to 100,000 shares during the reporting period, with an increase of 45,100 shares[89]. Financial Reporting and Accounting Policies - The financial statements are prepared based on the principle of going concern[127]. - The company’s financial reports comply with the requirements of enterprise accounting standards, reflecting its financial status accurately[129]. - The company has a consolidated financial statement scope that includes all subsidiaries under its control[135]. - The company recognizes investment income from equity interests held prior to the acquisition date, adjusting retained earnings or current profits accordingly[138].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 726,236,408.89, representing a decrease of 1.44% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 41,912,570.87, down 15.63% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 29,643,309.49, a decline of 34.80% compared to the previous year[5] - The basic earnings per share decreased by 35.30% to CNY 0.0592[6] - Net profit for Q1 2022 was CNY 42,044,551.79, down 23.1% from CNY 54,635,407.26 in Q1 2021[26] - Earnings per share for Q1 2022 was CNY 0.0592, a decrease from CNY 0.0915 in Q1 2021[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,522,886,954.41, an increase of 1.59% from the end of the previous year[6] - The company's total liabilities as of Q1 2022 were CNY 2,133,424,839.76, an increase from CNY 2,104,472,908.86 in Q1 2021[24] - Total equity attributable to shareholders was CNY 3,166,832,452.75 in Q1 2022, compared to CNY 3,110,244,356.73 in Q1 2021[25] - The company's total assets amounted to CNY 5,522,886,954.41 in Q1 2022, compared to CNY 5,436,627,872.44 in Q1 2021[25] Cash Flow - The net cash flow from operating activities was negative at CNY -92,532,760.90, indicating a significant cash outflow[15] - Cash flow from operating activities in Q1 2022 was CNY 747,369,710.44, down from CNY 899,485,909.43 in Q1 2021[28] - The net cash flow from investing activities improved significantly to CNY 156,594,488.72, compared to a negative CNY -401,002,093.71 in the same period last year[15] - The net cash flow from financing activities was $81.16 million, a decrease from $112.00 million in the previous year[29] Shareholder Information - Total number of common shareholders at the end of the reporting period was 27,533[19] - The top shareholder, Shanghai Pukefei Investment Co., Ltd., holds 60,000,000 shares, representing 8.41% of total shares[19] - The second-largest shareholder, Shanghai Pudong New Area State-owned Assets Supervision and Administration Commission, holds 45,395,358 shares, or 6.37%[19] Operational Costs and Income - Total operating costs for Q1 2022 were CNY 685,822,998.89, an increase of 1.8% from CNY 674,601,846.31 in Q1 2021[25] - Investment income for Q1 2022 was CNY 6,133,717.91, an increase from CNY 3,919,405.75 in Q1 2021[26] Other Financial Metrics - The weighted average return on equity decreased by 0.76 percentage points to 1.3361%[6] - The company reported a significant increase in tax and additional fees by 77.94% to CNY 5,430,935.45[16] - The fair value change income increased by 192.22% to CNY 9,033,665.04 compared to the previous year[16] - Other comprehensive income after tax for Q1 2022 was CNY 11,928,135.14, compared to a loss of CNY 40,003,179.18 in Q1 2021[26] Inventory and Current Assets - Total current assets reached ¥3,543,351,356.22, up from ¥3,452,316,806.12 year-over-year[23] - Inventory increased to ¥1,057,450,963.50 from ¥997,038,328.94 in the previous year[23] - The company reported a decrease in trading financial assets to ¥430,404,169.26 from ¥591,370,504.22[22] Cash and Cash Equivalents - The company's cash and cash equivalents amounted to ¥1,167,851,254.58, an increase from ¥1,028,838,142.86 in the previous year[22] - The total cash and cash equivalents at the end of the period increased to $1.15 billion, compared to $654.42 million at the end of the same quarter last year[30]

Financial Performance - The company's operating revenue for Q3 2021 was ¥755,017,257.26, a decrease of 8.39% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2021 was ¥6,805,744.98, down 66.33% year-on-year[5] - The basic earnings per share for Q3 2021 was ¥0.0073, reflecting an 80.59% decline compared to the previous year[6] - Total operating revenue for the first three quarters of 2021 was CNY 2,259,916,709.40, a decrease from CNY 2,274,355,265.69 in the same period of 2020[19] - Net profit for the first three quarters of 2021 reached CNY 101,672,983.55, compared to CNY 62,287,089.26 in the previous year, representing a significant increase[20] - Earnings per share for the first three quarters of 2021 was CNY 0.1555, up from CNY 0.0749 in the same period of 2020[21] - The company reported a total comprehensive income of CNY 67,068,395.93 for the third quarter of 2021, compared to CNY 63,273,600.34 in the previous year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,586,828,517.35, an increase of 19.46% from the end of the previous year[6] - The company's current assets totaled RMB 3,580,954,839.29, up from RMB 2,870,133,883.36, indicating an increase of about 24.7% year-over-year[15] - The total liabilities increased to RMB 3,580,954,839.29, reflecting a rise in financial obligations[16] - Total liabilities as of the end of the third quarter of 2021 amounted to CNY 2,188,648,929.25, an increase from CNY 2,022,679,924.06 at the end of the previous year[19] - The company's long-term equity investments grew to RMB 585,657,566.78 from RMB 284,441,713.05, representing a significant increase of about 106.9%[16] - The company's total non-current liabilities were CNY 482,835,342.41, a decrease from CNY 524,271,317.16 year-over-year[19] Cash Flow - The cash flow from operating activities for the year-to-date was negative at -¥35,145,181.77, a decline of 119.75% compared to the previous year[5] - Operating cash inflow for the first three quarters of 2021 was CNY 2,469,766,958.13, a decrease of 4.5% compared to CNY 2,586,110,356.09 in the same period of 2020[23] - Net cash flow from operating activities was negative CNY 35,145,181.77, compared to a positive CNY 177,963,783.84 in the previous year[24] - Cash inflow from investment activities totaled CNY 422,750,842.24, down 55.2% from CNY 942,210,177.18 in 2020[24] - Cash inflow from financing activities was CNY 1,322,204,155.78, an increase from CNY 643,025,896.90 in 2020[24] - The ending cash and cash equivalents balance was CNY 767,173,139.33, compared to CNY 732,977,108.51 at the end of the previous year[25] Shareholder Information - The company had a total of 46,935 common shareholders at the end of the reporting period[10] - The company reported a total of 46,935 shareholders, with 22,385 holding A shares and 24,550 holding B shares[12] - The company issued 164,576,880 new shares at a price of RMB 4.95 per share, raising a total of RMB 814,655,556, which will enhance its capital structure[12] - The company has a lock-up period of 6 months for the newly issued shares, which are subject to limited circulation[12] Financial Ratios - The weighted average return on equity for Q3 2021 was 0.1495%, a decrease of 0.72 percentage points year-on-year[6] - The diluted earnings per share for the year-to-date was ¥0.1555, up 107.61% compared to the same period last year[6] - The company's financial expenses decreased to CNY 17,777,451.96 in the first three quarters of 2021 from CNY 26,797,871.94 in the same period of 2020[19] Changes in Accounting Standards - The company adopted a new leasing standard effective January 1, 2021, adjusting the cumulative impact on retained earnings and related financial statement items[29] - The company did not adjust comparative financial statements due to the new leasing standard implementation[29]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,504,899,452.14, representing a 3.77% increase compared to CNY 1,450,163,451.02 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2021 was CNY 80,469,617.44, a significant increase of 292.87% from CNY 20,482,459.26 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY 64,440,772.53, up 151.25% from CNY 25,648,127.92 in the same period last year[19]. - The basic earnings per share for the first half of 2021 was CNY 0.1482, which is a 297.32% increase compared to CNY 0.0373 in the previous year[20]. - The weighted average return on net assets increased by 2.48 percentage points to 3.3685% compared to 0.8851% in the same period last year[20]. - The company reported a substantial increase in operating profit, which rose by 117.33% to CNY 115,101,824.43[38]. - The company achieved a revenue of 1.505 billion yuan, an increase of 3.77% year-on-year, and a net profit attributable to shareholders of 80 million yuan, up 293% year-on-year[29]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,771,754,259.88, reflecting a 2.03% increase from CNY 4,676,723,702.52 at the end of the previous year[19]. - The net assets attributable to shareholders at the end of the reporting period were CNY 2,410,259,177.73, which is a 2.62% increase from CNY 2,348,657,055.45 at the end of the previous year[19]. - The company's total liabilities included lease liabilities of 7,784,664.24 RMB, reflecting the implementation of new leasing standards since January 1, 2021[42]. - The total liabilities amounted to CNY 2,124,548,439.28, up from CNY 2,022,679,924.06, indicating an increase of about 5.04%[89]. - The company's total current assets were reported at ¥2,746,086,259.63, down from ¥2,870,133,883.36 at the end of 2020, indicating a decrease of about 4.3%[86]. Cash Flow - The net cash flow from operating activities was negative at CNY -110,643,332.18, a decline of 244.44% compared to CNY 76,600,995.03 in the same period last year[19]. - The company's cash and cash equivalents at the end of the period amounted to 645,622,387.57 RMB, representing 13.53% of total assets, a decrease of 38.84% compared to the previous year[42]. - The company reported a net cash outflow from operating activities of ¥110,643,332.18 in the first half of 2021, compared to a net inflow of ¥76,600,995.03 in the same period of 2020[101]. - Cash inflow from financing activities was approximately ¥192.91 million, up 36% from ¥141.84 million in the same period of 2020[105]. Investments and R&D - Research and development expenses increased by 11.91% to CNY 54,779,058.51, driven by higher expenditures in the European DA group[38]. - The company made a long-term equity investment of 30,600,000 RMB during the reporting period, an increase of 178.18% compared to the previous year's investment of 11,000,000 RMB[46]. - The company’s development expenditures rose to 40,116,523.81 RMB, a 97.34% increase compared to the previous year, driven by R&D investments in domestic subsidiaries[42]. Market and Industry Trends - The sewing machinery industry in China saw a cumulative industrial added value growth of 34.9% from January to May 2021, with 235 enterprises generating a total revenue of 14.408 billion yuan, a year-on-year increase of 51.99%[25]. - The company is focusing on promoting its products in the low-carbon and clean energy sectors, aligning with national goals for carbon neutrality[32]. - The company reported a significant increase in orders, indicating a supply-demand imbalance in the market[30]. Corporate Governance and Compliance - The company did not distribute profits or increase capital reserves during the reporting period[4]. - The company reported no significant litigation or arbitration matters during the reporting period[72]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[70]. - The company has not faced any penalties or corrective actions related to legal violations during the reporting period[70]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 47,156, including 22,391 A-share shareholders and 24,765 B-share shareholders[77]. - The top ten shareholders include Shanghai Pukefei Investment Co., Ltd. with a 10.94% stake, and the State-owned Assets Supervision and Administration Commission holding 8.27%[79]. Accounting and Financial Reporting - The financial statements for the first half of 2021 were approved by the board on July 27, 2021[120]. - The financial statements are prepared based on the going concern principle, indicating no significant doubts about the company's ability to continue operations for the next 12 months[124]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial statements accurately reflect its financial position as of June 30, 2021[125].

Financial Performance - Operating revenue for the period was CNY 736,884,066.61, representing a year-on-year growth of 16.95%[6] - Net profit attributable to shareholders was CNY 49,674,277.30, a significant increase of 1,871.37% compared to the same period last year[6] - Basic earnings per share reached CNY 0.0915, up 1,889.13% year-on-year[6] - The company's operating profit increased significantly to CNY 71,404,971.45, a rise of 896.64% compared to the previous year[15] - Investment income rose by 49.09% to CNY 3,919,405.75, driven by increased returns from joint ventures[15] - The company reported a total profit of ¥71,356,259.78 for Q1 2021, compared to ¥5,123,185.88 in Q1 2020, showing a significant increase[29] - Net profit for Q1 2021 reached ¥54,635,407.26, significantly higher than ¥1,066,486.41 in Q1 2020, marking a year-over-year increase of 5130.5%[29] - Total operating revenue for Q1 2021 was ¥736,884,066.61, an increase of 16.9% compared to ¥630,060,899.76 in Q1 2020[28] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 4,746,517,313.71, an increase of 1.49% compared to the end of the previous year[6] - The company's total current assets decreased to CNY 2,650,630,609.34 from CNY 2,870,133,883.36, indicating a reduction in liquidity[20] - Non-current assets totaled ¥2,095,886,704.37, up from ¥1,806,589,819.16, indicating a significant increase of about 15.99%[22] - Total liabilities reached ¥2,081,805,235.25, up from ¥2,022,679,924.06, indicating a growth of about 2.92%[22] - Current liabilities rose to ¥1,564,561,670.40 from ¥1,498,408,606.90, representing an increase of approximately 4.41%[22] - Total liabilities as of March 31, 2021, amounted to ¥1,028,833,247.71, an increase from ¥898,433,435.98 at the end of 2020[25] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 66,204,905.49, a decline of 297.65% compared to the previous year[6] - The net cash flow from operating activities decreased by 297.65% to -CNY 66,204,905.49, primarily due to increased production inputs and reduced tax refunds[17] - Cash inflow from operating activities in Q1 2021 was CNY 162,383,505.39, a 47.5% increase from CNY 110,030,405.36 in Q1 2020[36] - Net cash flow from operating activities turned positive at CNY 6,354,453.35 in Q1 2021, compared to a negative CNY 33,609,448.78 in Q1 2020[36] - Cash inflow from financing activities increased to CNY 135,376,781.60 in Q1 2021, up 101.1% from CNY 67,256,781.60 in Q1 2020[37] - Cash flow from financing activities improved to CNY 111,999,507.73, a turnaround from a negative cash flow of -CNY 15,525,329.73 in the previous year[17] Shareholder Information - The number of shareholders at the end of the reporting period was 46,724, with the top ten shareholders holding a combined 46.12% of the shares[9] Expenses and Income - The company's financial expenses decreased by 78.97% to CNY 1,128,161.82, indicating improved cost management[15] - The tax expenses surged by 312.18% to CNY 16,720,852.52, largely due to increased taxable income[15] - The company reported a significant increase in other income, which rose by 203.01% to CNY 3,539,360.13, attributed to various subsidies[15] - Research and development expenses for Q1 2021 were ¥26,344,607.10, compared to ¥21,155,203.36 in Q1 2020, indicating a 24.5% increase[28] Investment Activities - The company reported a significant increase in long-term equity investments, which rose by 106.53% to CNY 587,456,189.70[13] - The long-term equity investment increased significantly to CNY 587,456,189.70 from CNY 284,441,713.05, reflecting strategic investments in subsidiaries[20] - The company’s investment activities resulted in a net cash outflow of ¥401,002,093.71 in Q1 2021, compared to a net outflow of ¥101,130,787.12 in Q1 2020[34]