Financial Performance - The company's operating revenue for 2022 was approximately CNY 4.18 billion, representing a 13.10% increase compared to CNY 3.70 billion in 2021[19]. - Net profit attributable to shareholders for 2022 was CNY 163.93 million, a 50.03% increase from CNY 108.90 million in 2021[19]. - The net cash flow from operating activities for 2022 was CNY 428.58 million, up 59.16% from CNY 268.70 million in 2021[19]. - The basic earnings per share for 2022 was CNY 0.4097, reflecting a 50.02% increase from CNY 0.2722 in 2021[19]. - Total assets at the end of 2022 reached CNY 6.30 billion, a 15.62% increase from CNY 5.44 billion at the end of 2021[19]. - The net assets attributable to shareholders at the end of 2022 were CNY 2.30 billion, up 15.13% from CNY 1.99 billion at the end of 2021[19]. - The company reported a total profit of 290 million RMB, up 39.21% year-on-year, while the net profit attributable to the parent company was 163.93 million RMB, reflecting a 50.03% increase[83]. - The company's return on equity was 7.64%, with earnings per share at 0.41 RMB[83]. - The total assets at the end of the reporting period were 6.304 billion RMB, a 15.62% increase year-on-year, and the net assets attributable to the parent company were 2.297 billion RMB, up 15.13%[83]. Business Transformation and Focus - The company has undergone significant business transformation, focusing on advanced manufacturing in clean environmental and high-voltage porcelain insulators[18]. - The company’s main business has shifted to environmental equipment manufacturing and precision machinery, with a dual focus on clean environmental and high-voltage porcelain insulators[18]. - The company emphasizes its commitment to environmental responsibility and sustainable practices in its operations[5]. - The company is positioned in the clean environmental equipment and engineering industry, which is experiencing rapid growth, particularly in the Asian market[29]. - The company has identified opportunities for market expansion in high-end sectors due to the increasing demand from industries such as new energy and electronic information[29]. Research and Development - The company has established a comprehensive independent R&D system and holds multiple qualifications, including "National High-tech Enterprise" and "Jiangsu Province High-performance Precision Rolling Bearing Engineering Technology Research Center"[52]. - The company completed several key R&D projects, including a CO2-based heat recovery system and a high-efficiency sludge drying device, enhancing its competitive edge[116]. - The company received 67 patents in 2022, including 12 invention patents, and submitted 12 technology project applications[85]. - Research and development expenses increased by 10.18% to ¥212.08 million in 2022, compared to ¥192.49 million in 2021[113]. - The company's R&D personnel increased to 746 in 2022, a growth of 6.27% from 702 in 2021[116]. Market Position and Strategy - The company operates in the clean environmental protection sector, which is supported by various national and local policies aimed at reducing pollution and promoting sustainable practices[30]. - The environmental equipment industry in China has developed a significant scale in air pollution control, water treatment, and solid waste management, driven by the "dual carbon" policy[31]. - The company has established long-term stable business relationships with major domestic enterprises, including China Baowu and Sinopec, accumulating a solid customer base for environmental monitoring projects[68]. - The company is strategically expanding its market presence through new product developments and technology advancements in energy efficiency[116]. - The company plans to strengthen brand quality and implement strict quality control standards to enhance brand value and influence[153]. Governance and Management - The board of directors confirmed the accuracy and completeness of the annual report, ensuring no misleading statements or omissions[4]. - The company maintains complete independence from its controlling shareholder in terms of personnel, assets, finance, and operations[165]. - The company has established a robust independent financial department with a complete financial accounting system and independent decision-making capabilities[171]. - The company has implemented effective measures to enhance corporate governance and protect the rights of all shareholders, especially minority shareholders[164]. - The company’s management team has received stock option grants, indicating a commitment to aligning management interests with shareholder value[174]. Operational Efficiency - The company employs a sales-driven production model, with procurement based on production plans to ensure efficiency[47]. - The procurement process is centralized, with a focus on quality management and supplier performance evaluation, ensuring reliable material sourcing[53]. - The company has established operational service points in multiple locations, enhancing its technical service and after-sales support capabilities[43]. - The company has implemented 6S management and continuous improvement strategies to enhance product quality and reduce costs, thereby increasing overall competitiveness[75]. - The company aims to reduce operational costs by 10% through process optimization and automation[186]. Future Outlook - The company provided a revenue guidance for 2023, expecting a growth rate of 10% to 12%[186]. - The company aims to break foreign technology monopolies with its new product developments, enhancing innovation capabilities[116]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2025[186]. - The company plans to invest 100 million in renewable energy projects over the next three years[186]. - The company will focus on optimizing supplier relationships and improving product quality to mitigate operational risks and enhance market competitiveness[158].

创元科技股份有限公司 关于召开 2022 年度业绩网上说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 创元科技股份有限公司关于召开 2022 年度业绩网上说明会的公告（ls2023-A16） 证券代码：000551 证券简称：创元科技 编号：ls2023-A16 创元科技股份有限公司（简称"公司"）2022 年年度报告及其摘要已于 2023 年 04 月 11 日在巨潮资讯网（http://www.cninfo.com.cn）上披露。为让广大投 资者进一步了解公司 2022 年年报及经营情况，公司将通过"创元科技投资者关 系"小程序举行 2022 年度业绩网上说明会。具体如下： 一、业绩说明会召开时间及投资者参与方式 召开时间：2023 年 04 月 21 日(星期五) 下午 15:00-17:00 召开方式：网络 参与方式： （一）在微信中搜索"创元科技投资者关系"； （二）微信扫一扫以下二维码： 投资者依据提示，授权登录"创元科技投资者关系"小程序，即可参与交流。 二、公司出席人员 总经理周成明先生；独立董事葛卫东先生；财务总监刘文华先生；副 ...

证券代码：000551 证券简称：创元科技 创元科技股份有限公司 2021 年 5 月 13 日投资者关系活动记录表 编号：2021002 | --- | --- | --- | --- | --- | --- | |-------------------------|-----------------------------|--------------------------------------------------------|-------|-------|----------| | | | | | | | | 投资者关系活动 | √特定对象调研 □分析师会议 | | | | | | 类别 | □媒体采访 □业绩说明会 | | | | | | | □新闻发布会 □路演活动 | | | | | | | □现场参观 | | | | | | | □其他 | （请文字说明其他活动内容） | | | | | 参与单位名称及 人员姓名 | | 中珏投资管理有限公司，黄加文（投资经理） | | | | | 时间 2021 | 年 5 月 13 日星期四 | 上午 10：30-11:30 | | | | | 地 ...

Financial Performance - The company's revenue for Q3 2022 reached ¥1,084,173,559.41, representing a year-over-year increase of 28.18%[5] - Net profit attributable to shareholders was ¥32,720,796.55, up 72.35% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was ¥30,850,792.05, reflecting a significant increase of 113.36% year-over-year[5] - Total operating revenue for the period reached CNY 3,053,263,067.82, an increase of 13.6% compared to CNY 2,687,473,438.20 in the previous period[28] - Net profit for the period was CNY 199,262,948.75, representing a 27.5% increase from CNY 155,980,078.18 in the same period last year[29] - Basic and diluted earnings per share increased to CNY 0.2963 from CNY 0.2304, marking a growth of 28.6%[30] - The company reported a total comprehensive income of CNY 291,932,111.58, up from CNY 164,973,594.72, representing a growth of 76.8%[29] Assets and Liabilities - Total assets as of September 30, 2022, amounted to ¥6,199,288,464.24, a 13.94% increase from the end of the previous year[5] - The company's total liabilities rose to CNY 3,080,914,690.35 from CNY 2,658,636,841.96, indicating a growth of 15.8%[27] - Total equity attributable to shareholders increased to CNY 2,199,325,953.70 from CNY 1,985,122,395.76, reflecting a growth of 10.8%[27] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥278,304,791.43, showing an increase of 11,164.11%[5] - The net cash flow from operating activities increased by 11,164.11% year-on-year, reaching ¥278,304,791.43, primarily due to increased cash received from sales of goods and services[9] - Cash flow from operating activities generated a net amount of CNY 278,304,791.43, significantly higher than CNY 2,470,722.52 in the previous period[31] - The net cash flow from financing activities increased by 78.53% year-on-year, totaling -¥12,615,851.82, primarily due to a decrease in cash paid for dividends and interest[9] - The net cash flow from financing activities was -¥12,615,851.82, an improvement from -¥58,761,914.35 year-over-year[32] - The net increase in cash and cash equivalents rose by 174.62% year-on-year, reaching ¥115,890,668.37, mainly driven by the significant increase in net cash flow from operating activities[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,681[11] - The largest shareholder, Suzhou Chuangyuan Investment Development (Group) Co., Ltd., holds 35.57% of the shares, totaling 143,701,054 shares[11] - The controlling shareholder, Chuangyuan Group, completed a share buyback of 576,000 shares, representing 0.14% of the total share capital, with a total investment of ¥5,000,400[15] - The company has no known related party relationships among its top shareholders, ensuring independent shareholder actions[12] Investments and Acquisitions - The company participated in the establishment of the Suzhou Chuangyuan Venture Capital Partnership with a total investment scale of 100 million RMB, where it contributed 10 million RMB, holding a 10% stake[17] - The company’s subsidiary, Shanghai Beifen, planned a major asset restructuring but ultimately terminated the plan due to disagreements on transaction terms[14] Operational Metrics - Accounts receivable increased by 40.62% year-over-year, primarily due to higher revenue and outstanding payments[8] - The company’s inventory as of September 30, 2022, was approximately 1.31 billion RMB, up from 1.23 billion RMB, showing an increase of about 6.4%[24] - The company’s non-current assets totaled approximately 2.08 billion RMB, up from 1.86 billion RMB, reflecting an increase of about 11.7%[26] - Research and development expenses totaled CNY 151,253,482.37, an increase of 8.4% compared to CNY 139,535,963.96 last year[29] Other Financial Metrics - Financial expenses decreased by 150.53% year-over-year, attributed to currency exchange rate fluctuations[8] - Investment income increased by 39.18% year-over-year, mainly from higher dividend distributions from equity investments[8] - The company reported a 51.41% decrease in other income, primarily due to a reduction in government subsidies recognized as non-recurring gains[8] - Other comprehensive income after tax for the period was CNY 92,669,162.83, compared to CNY 8,993,516.54 in the previous period[29] Cash and Cash Equivalents - The company's cash and cash equivalents reached approximately 1.09 billion RMB as of September 30, 2022, compared to 976.26 million RMB at the beginning of the year, indicating an increase of about 11.3%[24] - The ending balance of cash and cash equivalents was ¥1,007,096,876.37, up from ¥731,269,980.03 in the previous period[32] - The impact of exchange rate changes on cash and cash equivalents increased by 1,136.35% year-on-year, amounting to ¥22,878,658.13, due to fluctuations in the RMB against foreign currencies[9] Management Changes - The company appointed Liu Wenhua as the new Chief Financial Officer on October 10, 2022, following the resignation of the previous CFO[23] Audit Status - The third-quarter report was not audited[33]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,969,089,508.41, representing a 6.92% increase compared to CNY 1,841,647,729.21 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was CNY 86,972,619.99, an increase of 18.82% from CNY 73,198,319.14 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 82,316,921.43, reflecting a 30.08% increase from CNY 63,282,710.14 year-on-year[20]. - The net cash flow from operating activities was CNY 57,713,960.17, a significant improvement from a negative CNY 9,278,607.57 in the same period last year, marking a 722.01% increase[20]. - Basic earnings per share for the period were CNY 0.2174, up 18.80% from CNY 0.1830 in the previous year[20]. - The gross profit margin improved slightly, with operating costs rising to CNY 1,541,371,700.79, a 6.87% increase from CNY 1,442,224,460.02 in the previous year[68]. - The company reported a net profit margin of 15% for the first half of 2022, an improvement from 12% in the same period last year[157]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,764,035,674.15, a 5.94% increase from CNY 5,440,656,558.30 at the end of the previous year[20]. - The total liabilities reached CNY 2,830,984,413.45, compared to CNY 2,658,636,841.96 at the start of the year, showing an increase of about 6.46%[195]. - Owner's equity totaled CNY 2,933,051,260.70, up from CNY 2,782,019,716.34, representing a growth of approximately 5.43%[195]. - Accounts receivable rose to CNY 736,058,785.91 from CNY 565,986,157.10, reflecting a significant increase of approximately 30.05%[194]. - The total approved external guarantee amount during the reporting period was CNY 20,825.80 million, with actual guarantees amounting to CNY 31,000.58 million[159]. Business Operations and Market Outlook - The main business remains focused on clean environmental engineering and high-voltage porcelain insulators, with no significant changes in the business scope during the reporting period[26]. - The cleanroom engineering sector is expected to benefit from the growth in the semiconductor industry, with stable demand projected in the short term[27]. - The environmental protection equipment market is projected to have a promising outlook, driven by national policies and the push for green development[31]. - The company anticipates continued growth in demand for cleanroom and purification facilities due to the booming sectors of new energy and electronic information[27]. - The mechanical industry is expected to gradually recover in the second half of 2022, driven by stable economic policies and effective control of the COVID-19 pandemic[37]. Research and Development - Research and development expenses increased by 7.37% to CNY 100,159,328.55, up from CNY 93,285,241.75 year-on-year, indicating a commitment to innovation[68]. - The company emphasizes innovation and has established multiple research platforms, including a national postdoctoral research station and various engineering technology research centers[50]. - Jiangsu Sujing has filed 17 projects during the reporting period, with 2 approved, and holds 45 authorized patents, including 6 invention patents[53]. Corporate Governance and Management - The company plans not to distribute cash dividends or issue bonus shares[5]. - The management has highlighted potential risks and countermeasures in the report, which investors are encouraged to review[4]. - The company has maintained a stable development strategy and operational plan, ensuring effective risk identification and control[100]. - The company appointed a new director and a deputy general manager during the reporting period, with changes effective in June and July 2022[105]. Subsidiaries and Investments - The subsidiary Jiangsu Sujing reported a net profit of ¥43,593,815.96 with total assets of ¥2,326,509,144.48 and operating income of ¥973,830,872.64[90]. - The subsidiary Suzhou Electric Porcelain achieved a net profit of ¥48,202,178.60 with total assets of ¥1,056,522,228.19 and operating income of ¥371,567,220.97[90]. - The company completed the acquisition of 71.087% equity in Chuangyuan New Materials for RMB 11.053 million, enhancing its competitiveness in the abrasive tools industry[141]. Social Responsibility and Community Engagement - The company’s subsidiary, Jiangsu Sujing, contributed significantly to pandemic control efforts, with over 411 volunteer missions and more than 3,000 hours of service provided[118]. - The company’s subsidiary, Suzhou Electric Porcelain, organized 181 employees for volunteer activities during the pandemic, contributing over 1,500 hours of service[118]. Risk Factors and Future Plans - The company faced risks from macroeconomic factors, including the ongoing COVID-19 pandemic and geopolitical tensions, which could impact production and operations[95]. - The company plans to enhance its market competitiveness by adopting digital technologies and remote working strategies to respond to external changes[96]. - The company does not foresee any major risk factors that could severely impact its production, financial status, or sustainable profitability[100].

Financial Performance - The company's revenue for Q1 2022 was ¥1,000,382,190.86, representing an increase of 8.54% compared to ¥921,690,124.88 in the same period last year[3] - Net profit attributable to shareholders was ¥37,745,831.67, up 12.18% from ¥33,648,989.26 year-on-year[3] - Total operating revenue for Q1 2022 was CNY 1,000,382,190.86, an increase of 8.9% compared to CNY 921,690,124.88 in Q1 2021[15] - Net profit for Q1 2022 reached CNY 58,381,299.03, representing a 5.3% increase from CNY 55,520,574.13 in Q1 2021[15] - Earnings per share for Q1 2022 were CNY 0.09, compared to CNY 0.08 in Q1 2021, indicating a growth of 12.5%[16] - The total comprehensive income for Q1 2022 was CNY 96,664,466.38, compared to CNY 77,188,488.62 in the same period last year, indicating a growth of 25.3%[16] Cash Flow - The net cash flow from operating activities was -¥48,317,270.19, a significant decrease of 651.60% compared to ¥8,759,546.90 in Q1 2021[3] - The net cash flow from operating activities was -48,317,270.19 CNY, a decrease from 8,759,546.90 CNY in the previous period, indicating a significant decline in operational performance[17] - Total cash inflow from operating activities was 876,751,221.27 CNY, down from 902,353,684.57 CNY, reflecting a decrease of approximately 2.6%[17] - Cash outflow from operating activities increased to 925,068,491.46 CNY from 893,594,137.67 CNY, representing an increase of about 3.6%[17] - The net cash flow from investing activities was -75,917,168.01 CNY, compared to -74,762,356.66 CNY in the previous period, indicating a slight increase in cash outflow[19] - Cash inflow from financing activities totaled 248,074,924.41 CNY, significantly higher than 126,348,148.83 CNY in the previous period, marking an increase of approximately 96.5%[19] - The net cash flow from financing activities was 29,866,396.50 CNY, a decrease from 42,035,509.48 CNY in the previous period, indicating reduced financing efficiency[19] - The ending cash and cash equivalents balance was 794,587,163.14 CNY, down from 864,230,543.90 CNY, reflecting a decrease of about 8.1%[19] - The cash received from tax refunds was 12,208,744.63 CNY, up from 5,578,248.62 CNY, indicating improved cash recovery from tax[17] Assets and Liabilities - Total assets at the end of Q1 2022 reached ¥5,705,473,470.26, an increase of 8.48% from ¥5,259,657,281.54 at the end of the previous year[3] - The total liabilities as of Q1 2022 amounted to CNY 2,826,317,163.27, an increase from CNY 2,658,636,841.96 in the previous year[15] - The total equity attributable to shareholders of the parent company was CNY 2,061,854,206.72, up from CNY 1,985,122,395.76 in Q1 2021, marking an increase of 3.8%[15] - The total non-current assets amount to ¥1,969,334,756.08, up from ¥1,861,357,779.14, representing a growth of about 5.8%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,228[9] - The largest shareholder, Suzhou Chuangyuan Investment Development (Group) Co., Ltd., holds 35.55% of shares, totaling 143,625,054 shares[9] - The company has no preferred shareholders as indicated in the report[11] - The top ten shareholders do not have any associated relationships or act in concert as per the regulations[10] - The company has a total of 8,000,000 shares held by individual shareholders with no restrictions on sale[10] Expenses - Total operating costs for Q1 2022 were CNY 924,822,915.00, up from CNY 859,223,648.20 in the same period last year, reflecting a year-over-year increase of 7.6%[15] - Research and development expenses for Q1 2022 were CNY 51,943,414.78, compared to CNY 44,291,201.42 in Q1 2021, reflecting a year-over-year increase of 17.4%[15] - The company reported a 64.10% increase in financial expenses, totaling ¥9,317,188.50, mainly due to foreign exchange losses[7] - Investment income decreased by 32.14% to ¥903,872.73, attributed to reduced profits from equity-method investments[7] - The company recorded a significant increase in credit impairment losses, amounting to -¥9,076,808.98, reflecting a rise in accounts receivable[7] - The company received government subsidies of ¥2,711,288.47, a decrease of 54.93% from the previous year[7] Accounts Receivable and Inventory - Accounts receivable increased by 42.24% to ¥805,043,254.83, primarily due to increased sales to customers[6] - Accounts receivable increased to ¥805,043,254.83 from ¥565,986,157.10, reflecting a growth of approximately 42.4%[12] - Inventory decreased to ¥1,184,172,547.95 from ¥1,231,032,293.98, indicating a reduction of about 3.8%[12] - The company reported a decrease in contract liabilities to CNY 381,998,621.40 from CNY 440,887,287.20 in the previous year, a decline of 13.3%[15]

Business Focus and Strategy - The company reported a significant shift in its main business focus towards advanced manufacturing, specifically in clean environmental protection and high-voltage porcelain insulators, following a major asset restructuring in 1999 and further consolidation in 2000[19]. - The company’s future outlook includes a commitment to innovation and expansion in its core business areas, although specific numerical guidance was not provided in the available content[5]. - The company emphasizes the introduction, digestion, and absorption of technology to enhance customer development capabilities during international expansion[53]. - The company aims to enhance product competitiveness by promoting "smart transformation and digital transition" within its operations[154]. - The company is focusing on sustainable development and quality improvement, transitioning from scale expansion to a quality and efficiency-oriented model[83]. Financial Performance - The company's operating revenue for 2021 was ¥3,697,386,523.19, representing a 15.06% increase compared to ¥3,213,346,174.94 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥108,897,338.11, a decrease of 6.66% from ¥116,673,578.73 in 2020[20]. - The net cash flow from operating activities increased by 30.37% to ¥268,697,234.38 in 2021 from ¥206,102,444.52 in 2020[20]. - The total assets at the end of 2021 were ¥5,440,656,558.30, an increase of 8.80% from ¥5,000,387,466.07 at the end of 2020[20]. - The company achieved a revenue of 3.697 billion yuan in 2021, representing a year-on-year increase of 15.06%[82]. Governance and Compliance - The board of directors and senior management have confirmed the accuracy and completeness of the annual report, taking legal responsibility for any misstatements or omissions[4]. - The governance structure of the company is in compliance with relevant laws and regulations, ensuring independent operations from its controlling shareholder, Chuangyuan Group[176]. - The company has established a comprehensive employee performance evaluation and incentive mechanism to ensure transparency and compliance with legal regulations[172]. - The company has implemented measures to ensure accurate and timely information disclosure, maintaining transparency for all shareholders[174]. - The company is committed to continuous improvement in governance practices to protect the rights of all shareholders, especially minority shareholders[175]. Research and Development - The company has established a comprehensive independent R&D system and holds multiple qualifications, including "National High-tech Enterprise" and "Jiangsu Province High-performance Precision Rolling Bearing Engineering Technology Research Center"[53]. - Research and development expenses increased by 18.85% year-on-year, totaling ¥191,857,959.82 in 2021[113]. - The number of R&D personnel rose by 6.20% to 702, with a notable increase in bachelor's degree holders by 8.16%[115]. - The company completed key R&D projects, including high-precision cleanroom technology and wastewater treatment solutions, enhancing its competitive edge in high-end markets[114]. - Jiangsu Sujing obtained 56 national authorized patents during the reporting period, including 6 invention patents, and filed 66 patents, with 20 being invention patents[60]. Market and Industry Trends - The cleanroom engineering industry is experiencing significant growth due to increasing demands from sectors such as electronics, healthcare, and renewable energy[29]. - The environmental protection equipment industry is favored by the market, with over 70% of enterprises being small and medium-sized, and large enterprises accounting for less than 30%[32]. - The State Grid plans to invest over 500 billion yuan in 2022, marking a historical high, with a focus on new infrastructure and renewable energy construction[35]. - The bearing industry is expected to achieve a main business income of 223.7 billion to 258.3 billion yuan during the 14th Five-Year Plan period, with an annual growth rate of 3% to 6%[38]. - By 2025, the market size of China's bearing manufacturing industry is expected to exceed 250 billion yuan, with annual revenue growth projected at 3%-6%[149]. Risk Management - The company has faced various risks as outlined in the management discussion and analysis section, particularly regarding future development prospects[5]. - The company emphasizes the importance of investor awareness regarding potential risks associated with forward-looking statements made in the annual report[5]. - Approximately 17% of the company's products are exported, exposing it to risks from international trade disputes and currency fluctuations[157]. - The ongoing COVID-19 pandemic presents uncertainties that could impact financial market volatility, logistics, and international business operations, prompting the company to implement strict safety measures and coordinate production and delivery[160]. - The company has established long-term partnerships with key suppliers to mitigate risks associated with raw material price volatility[158]. Subsidiaries and Acquisitions - The company completed the acquisition of 55% of Shanghai Beifen, a high-tech enterprise in gas monitoring, enhancing its energy-saving and environmental protection business[92]. - The net profit of Jiangsu Sujing, a subsidiary, was ¥60,849,886.34, contributing over 10% to the company's net profit[137]. - The net profit of Suzhou Electric Porcelain, another subsidiary, was ¥62,544,031.40, also contributing significantly to the overall performance[137]. - The company acquired Shanghai Beifen Technology Co., Ltd. through a cash purchase, positively impacting overall operations and performance[139]. - The company is expanding its operational capabilities by integrating new leadership with diverse backgrounds in engineering and management, enhancing its competitive edge in the market[189]. Shareholder Engagement - The company has established a dedicated investor relations platform to facilitate communication and address investor concerns regarding its annual report and business development[174]. - The annual shareholders' meeting had a participation rate of 38.28%[183]. - The company has a total of 11 directors and supervisors, with no shareholding changes reported during the period[185]. - The company experienced a leadership change with the resignation of Chairman Liu Chunqi on May 21, 2021, and the election of Shen Weimin as the new Chairman on June 7, 2021[186]. - The company is committed to maintaining a sustainable growth strategy, focusing on both organic growth and strategic partnerships[199].

Financial Performance - The company's revenue for Q3 2021 was ¥845,825,708.99, representing a year-over-year increase of 7.78%, while the year-to-date revenue reached ¥2,687,473,438.20, up 17.25% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2021 was ¥18,985,061.62, a decrease of 25.40% year-over-year, with a year-to-date net profit of ¥92,183,380.76, reflecting a growth of 4.33%[4] - Total operating revenue for the third quarter reached CNY 2,687,473,438.20, an increase of 17.3% compared to CNY 2,292,118,557.97 in the same period last year[18] - Net profit for the period was CNY 155,980,078.18, representing a 3.9% increase from CNY 150,110,520.31 in the previous year[19] - Earnings per share (EPS) for the quarter was CNY 0.23, compared to CNY 0.22 in the same quarter last year[20] - The company reported a total comprehensive income of CNY 164,973,594.72, compared to CNY 144,825,394.93 in the same period last year[20] Cash Flow and Liquidity - The company's cash flow from operating activities showed a significant decline, with a net cash flow of ¥2,470,722.52 for the year-to-date, down 96.51% compared to the previous year[9] - Cash flow from operating activities totaled CNY 2,849,062,445.90, an increase from CNY 2,346,483,402.98 in the previous year[22] - The net cash flow from operating activities was 2,470,722.52, a decrease from 70,851,282.41 in the previous year[23] - Total cash outflow from operating activities amounted to 2,846,591,723.38, compared to 2,275,632,120.57 in the same period last year[23] - The ending balance of cash and cash equivalents was 731,269,980.03, down from 824,798,861.00 at the end of the previous year[23] - Cash and cash equivalents decreased from ¥993,160,923.98 at the end of 2020 to ¥808,075,388.16 by September 30, 2021, a decline of approximately 18.6%[14] Assets and Liabilities - Total assets as of September 30, 2021, were ¥5,437,414,767.34, an increase of 8.74% from the end of the previous year[4] - Total current liabilities rose from ¥2,231,603,956.39 to ¥2,544,453,865.11, an increase of approximately 14%[15] - The company's total liabilities reached CNY 2,668,422,492.02, up from CNY 2,348,609,958.52 year-over-year[19] - Total assets increased from ¥5,000,387,466.07 at the end of 2020 to ¥5,437,414,767.34, reflecting a growth of about 8.7%[15] Investments and Shareholder Information - The company’s investment income increased by 30.99% year-over-year, reaching ¥18,091,598.36, due to higher dividend distributions from other equity investments[8] - The largest shareholder, Suzhou Chuangyuan Investment Development (Group) Co., Ltd., holds 35.77% of shares, totaling 143,125,054 shares[12] - Total number of common shareholders at the end of the reporting period is 29,546[12] Expenses and Costs - Total operating costs amounted to CNY 2,538,849,090.21, up 18.1% from CNY 2,148,988,228.33 year-over-year[19] - Sales expenses decreased by 46.94% to ¥55,968,077.24, primarily due to a change in accounting standards that reclassified transportation costs into operating costs[8] - Research and development expenses for the quarter were CNY 139,535,963.96, up from CNY 112,105,417.82 year-over-year, indicating a focus on innovation[19] Other Financial Metrics - The company reported a total of 1,134,372,646.51 in inventory as of September 30, 2021, compared to 956,880,812.92 at the end of 2020[14] - Accounts receivable increased from ¥566,779,915.11 at the end of 2020 to ¥702,367,582.29, representing an increase of about 23.9%[14] - Inventory rose from ¥956,880,812.92 to ¥1,134,372,646.51, marking an increase of approximately 18.6%[14] - Long-term equity investments increased from ¥50,590,838.94 to ¥54,062,377.30, a growth of about 6.9%[15] Tax and Compliance - The company reported a total tax payment of 126,665,468.80, compared to 97,555,890.68 in the same period last year[23] - Deferred income tax liabilities increased to CNY 57,296,839.17 from CNY 52,819,159.57 year-over-year, reflecting changes in tax obligations[19] - The company did not undergo an audit for the third quarter report[24] - The company has not applied the new leasing standards for the current year[24] Other Observations - The company has not disclosed any new product developments or market expansion strategies in the provided documents[12][13][14][15]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,841,647,729.21, representing a 22.18% increase compared to CNY 1,507,379,850.68 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was CNY 73,198,319.14, up 16.35% from CNY 62,910,249.18 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 63,282,710.14, an increase of 13.42% from CNY 55,796,441.50 in the same period last year[22]. - The basic earnings per share for the reporting period was CNY 0.18, a 12.50% increase compared to CNY 0.16 in the same period last year[22]. - The company reported a total comprehensive income of RMB 158,384,558.44, compared to RMB 86,340,173.14 in the same period last year, reflecting a significant increase[175]. - The profit attributable to shareholders of the parent company was RMB 73,198,319.14, an increase of 16.3% from RMB 62,910,249.18 in the same period of 2020[175]. - The company achieved a consolidated revenue of CNY 1.84 billion, representing a year-on-year growth of 22.18%[67]. - The net profit for the first half of 2021 was RMB 117,018,858.86, representing a growth of 15.0% compared to RMB 101,761,862.19 in the previous year[175]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 5,326,890,441.95, a 6.53% increase from CNY 5,000,387,466.07 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company were CNY 1,999,450,445.34, reflecting a 4.34% increase from CNY 1,916,300,135.67 at the end of the previous year[22]. - The company's total liabilities reached RMB 2,576,361,202.91, compared to RMB 2,348,609,958.52, showing an increase of approximately 9.7%[172]. - The company's equity attributable to shareholders was RMB 1,999,450,445.34, up from RMB 1,916,300,135.67, reflecting a growth of about 4.5%[172]. - The company's cash and cash equivalents decreased by 4.34% to ¥826,644,741.23, while accounts receivable increased by 23.29% to ¥698,875,249.75[76]. - The company's inventory rose to ¥1,049,590,834.89, reflecting a slight increase of 9.68%[76]. Cash Flow - The net cash flow from operating activities was negative CNY 9,278,607.57, a significant decrease of 109.06% compared to CNY 102,397,582.15 in the previous year[22]. - The total cash inflow from operating activities for the first half of 2021 was approximately RMB 1.87 billion, an increase of 20.5% compared to RMB 1.55 billion in the same period of 2020[177]. - The cash inflow from sales of goods and services of approximately RMB 1.83 billion, up from RMB 1.51 billion in the first half of 2020, reflecting a growth of 20.8%[177]. - The total cash outflow for operating activities was RMB 1.88 billion, compared to RMB 1.45 billion in the same period of 2020, indicating an increase of 29.8%[177]. Research and Development - Research and development expenses increased by 25.77% to CNY 93.29 million, reflecting the company's commitment to innovation[69]. - Jiangsu Sujing applied multiple innovative products and technologies in key projects such as Chang'e and Shenzhou, with 11 projects reported in the first half of the year, including 9 provincial-level projects[51]. - The establishment of a particle wind tunnel laboratory by Shanghai Beifen significantly improves R&D speed and provides third-party testing services for dust measuring instruments[53]. Market and Industry Trends - The clean environmental equipment and engineering sector is expected to experience rapid growth, driven by government initiatives aimed at establishing a green, low-carbon economy by 2025[29]. - The automotive industry has seen a year-on-year increase in production and sales of 24.2% and 25.6%, respectively, indicating a robust recovery in mechanical demand[33]. - The overall mechanical industry is expected to maintain a steady growth trend, despite challenges such as rising raw material prices and international trade uncertainties[33]. Subsidiaries and Business Operations - The company operates nine wholly-owned and holding subsidiaries recognized as national high-tech enterprises, enhancing its innovation capabilities[28]. - Jiangsu Sujing, a subsidiary, is a leading supplier in air purification and energy-saving equipment, with products used in major national projects and exported to over 40 countries[34]. - Shanghai Beifen, another subsidiary, specializes in online monitoring systems for emissions, serving various industries including power, petrochemicals, and pharmaceuticals[35]. - The company has established stable business relationships with numerous well-known domestic and international enterprises, enhancing its supply chain stability[63]. Corporate Governance and Compliance - The company emphasizes strict adherence to safety and environmental regulations to avoid penalties and maintain reputation[94]. - The company is committed to protecting employee rights and fostering a harmonious labor relationship[113]. - The company has not reported any changes in accounting policies or prior period error corrections during the first half of 2021, ensuring consistency in financial reporting[181]. Investment and Expansion - The company plans to continue expanding its investment in environmental monitoring technologies through its acquisition of Shanghai Beifen[91]. - The company plans to not distribute cash dividends or issue bonus shares for the half-year period[106]. - The company believes it has sufficient operating funds to continue as a going concern for at least 12 months from the approval date of the financial statements[189].

Financial Performance - The company's revenue for Q1 2021 was ¥921,690,124.88, representing a 46.43% increase compared to ¥629,437,036.39 in the same period last year[9] - Net profit attributable to shareholders was ¥33,648,989.26, a significant increase of 135.60% from ¥14,282,548.42 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥29,569,528.28, up 151.24% from ¥11,769,247.40 in the previous year[9] - Basic and diluted earnings per share both increased to ¥0.08, doubling from ¥0.04 in the previous year[9] - Net profit for Q1 2021 was ¥55,520,574.13, representing a 96.2% increase from ¥28,283,594.28 in Q1 2020[43] - The company reported a gross profit margin of approximately 6.8% for Q1 2021, compared to 5.5% in Q1 2020[43] Cash Flow - The net cash flow from operating activities was ¥8,759,546.90, a turnaround from a negative cash flow of ¥20,700,565.40 in the same period last year, marking a 142.32% improvement[9] - Cash flow from operating activities generated a net inflow of ¥8,759,546.90, a turnaround from a net outflow of ¥20,700,565.40 in the previous year[49] - The company reported a net cash outflow from investment activities of -¥74,762,356.66 in Q1 2021, an increase in outflow of 57.99% compared to -¥47,321,719.58 in Q1 2020[18] - Financing activities generated a net cash inflow of ¥42,035,509.48, recovering from a net outflow of ¥46,114,208.78 in the prior year[50] - The net cash flow from financing activities was 7,870,195.92, compared to a negative cash flow of -2,379,974.98 in the previous period[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,259,657,281.54, reflecting a 5.18% increase from ¥5,000,387,466.07 at the end of the previous year[9] - Total liabilities rose to CNY 2,506,428,142.94 from CNY 2,348,609,958.52, marking an increase of approximately 6.7%[36] - The company's total equity increased to CNY 2,753,229,138.60 from CNY 2,651,777,507.55, reflecting a growth of about 3.8%[36] - The company's cash and cash equivalents decreased to CNY 936,044,963.64 from CNY 993,160,923.98, representing a decline of about 5.8%[34] - Accounts receivable increased to CNY 616,180,731.42 from CNY 566,779,915.11, indicating a rise of approximately 8.7%[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,373[12] - The largest shareholder, Suzhou Chuangyuan Investment Development (Group) Co., Ltd., holds 35.77% of the shares, totaling 143,125,054 shares[13] Research and Development - R&D expenses increased by 30.75% to ¥44,291,201.42 in Q1 2021, up from ¥33,874,231.94 in Q1 2020, due to increased investment in new product development[18] - The company reported an increase in research and development expenses to ¥44,291,201.42 in Q1 2021, up from ¥33,874,231.94 in Q1 2020[43] Acquisitions and Investments - The company completed the acquisition of 55% of Shanghai Beifen's shares for ¥82.39 million, enhancing its market position[19] - The company recognized goodwill of ¥46,676,492.58 following the acquisition of Shanghai Beifen, marking a 100% increase in this asset category[17] - The company reported a significant increase in investment income to ¥5,608,595.50 from ¥2,029,942.36, indicating improved performance in this area[46] Financial Management - Financial expenses surged by 198.91% to ¥5,677,590.03 in Q1 2021, primarily due to increased foreign exchange losses[18] - The company reported no overdue commitments from major stakeholders during the reporting period[22] - There were no derivative investments during the reporting period, indicating a conservative investment strategy[25] - The company has no violations regarding external guarantees during the reporting period[28] Other Information - The company received government subsidies amounting to ¥6,015,215.48 during the reporting period[10] - The chairman of the company is Liu Chunqi, who presented the first quarter report[55] - The company's first quarter report for 2021 was not audited[54] - The company did not apply the new leasing standards for the first quarter of 2021[54]