股票简称:模塑科技 编号:【2016-007】 l 股票代码:000700 江南模塑科技股份有限公司投资者关系活动记录表 | --- | --- | --- | |--------------------------|----------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | √特定对象调研 | □分析师会议 | | | □媒体采访 | □业绩说明会 | | 投资者关系活动类别 | □新闻发布会 | □路演活动 | | | □现场参观 | | | | 口其他 (请文字说明其他活动内容)_ | | | | 天风证券:张程航 | 签名: | | 参与单位名称及人员 ...

Group 1: Company Overview - Jiangnan Mould & Plastic Technology Co., Ltd. specializes in the development, production, and sales of automotive parts, including bumpers and high-tech molded products [2][3] - The company has an annual production capacity of over 3 million sets of automotive bumpers, making it a leading supplier of automotive exterior systems in China [3] Group 2: Market Position and Clientele - The company's main clients are concentrated in the domestic mid-to-high-end market, including brands like BMW, Mercedes-Benz, General Motors, and Volkswagen [2] - In BMW's domestic models, Jiangnan Mould supplies 85% of the parts, while for Mercedes-Benz, the supply rate is 100% [2] - The company is actively expanding its customer base, with new clients including Jaguar Land Rover, for which it has begun small batch supplies for certain domestic models [2] Group 3: Competitive Landscape - The main domestic competitors of Jiangnan Mould include Yanfeng Visteon Automotive Trim Systems Co., Ltd. [2] Group 4: Production Capacity and Planning - The company is focused on enhancing its market share and main business revenue through strategic planning and capacity expansion [2]

股票简称:模塑科技 l 股票代码:000700 编号:【2017-001】 | --- | --- | --- | --- | |----------------|---------------|---------------------------------|---------------------| | | | | | | | √特定对象调研 | □分析师会议 | | | 投资者关系活动 | □媒体采访 | □业绩说明会 | | | 类别 | □新闻发布会 | □路演活动 | | | | □现场参观 | | | | | | 口其他 (请文字说明其他活动内容) | | | | | | | | | 海通证券 | 杜威: | | | | 国泰君安 | 金润: | | | | 中银基金 | 周斌: | | | | 圆信永丰 | 党伟: | | | | 光大证券 | 宋伟健: | | | | 光大证券 | 梁美美: | | | | | | | | 参与单位名称及 | 宝盈基金 | 侯嘉敏: | | | 人员姓名 | | | | | | 渤海证券 | 张冬明: | | | | 中邮基金 | 白鹏: | | | | ...

Financial Performance - The company's revenue for Q3 2022 was ¥2,133,656,535.06, representing a year-on-year increase of 10.42%[4] - Net profit attributable to shareholders for Q3 2022 reached ¥163,613,953.48, a significant increase of 139.44% compared to the same period last year[4] - The basic earnings per share for Q3 2022 was ¥0.1784, up 139.43% year-on-year[4] - Total operating revenue for Q3 2022 was ¥5,300,860,889.09, a decrease of 4.83% compared to ¥5,569,132,091.74 in Q3 2021[20] - Net profit for Q3 2022 reached ¥420,014,138.68, a significant recovery from a net loss of ¥223,074,283.42 in Q3 2021[21] - The comprehensive income total for Q3 2022 was ¥574,730,662.13, compared to a loss of ¥257,978,385.81 in the same period last year[21] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥8,754,760,712.74, reflecting a growth of 5.26% from the end of the previous year[4] - The company's total assets increased to ¥8,754,760,712.74, up from ¥8,316,987,409.39 year-over-year[18] - Total liabilities decreased to ¥5,874,030,223.75 from ¥6,011,196,298.11 in the previous year[18] - The equity attributable to shareholders of the parent company rose to ¥2,873,018,873.69, compared to ¥2,298,223,393.76 in Q3 2021[18] Cash Flow - The company's net cash flow from operating activities for the year-to-date was ¥287,948,184.96, down 19.80% compared to the previous year[4] - Net cash flow from operating activities was 287,948,184.96, down from 359,023,404.69 in the previous year[22] - Total cash inflow from operating activities was 5,839,927,441.82, a decrease of 7.6% from 6,320,579,089.20 in the previous year[22] - Cash outflow from operating activities totaled 5,551,979,256.86, compared to 5,961,555,684.51 in the same period last year[22] - Net cash flow from investing activities was 145,679,109.39, a significant improvement from -64,344,657.08 in the previous year[23] - Cash inflow from financing activities was 1,825,071,203.58, down 27.5% from 2,517,888,635.98 in the previous year[23] - Net cash flow from financing activities was -346,811,038.84, slightly worse than -329,777,344.00 in the same period last year[23] - The ending balance of cash and cash equivalents was 571,220,060.15, compared to 524,515,126.92 at the end of the previous year[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 64,380[11] - The largest shareholder, Jiangyin Mould Group Co., Ltd., holds 37.85% of shares, totaling 347,145,082 shares[11] - The company received cash dividends of CNY 1,620,000 from Jiangnan Water Co., Ltd. and CNY 20,000,264 from Jiangsu Bank[13] Investments and Other Transactions - The company completed the sale of 100% equity in MingHua USA Inc. for a nominal price of $1, with potential contingent consideration of up to $2,549,999[13] - As of September 30, 2022, the company received $1,699,996.96 as contingent consideration from Plasman US[14] Current Assets - As of September 30, 2022, the company reported total current assets of CNY 1,009,624,935.74[16] - Accounts receivable increased to CNY 1,708,073,900.95 from CNY 1,508,431,579.49 at the beginning of the year[16] - Inventory as of September 30, 2022, was CNY 1,099,864,377.79, up from CNY 938,963,067.94[16] Research and Development - Research and development expenses for Q3 2022 were ¥174,587,213.02, slightly up from ¥169,043,129.84 in the same quarter last year[21] Other Financial Metrics - The weighted average return on equity increased to 6.02%, up by 22.15 percentage points from the previous year[4] - The company reported an investment income of ¥201,291,385.25, an increase from ¥186,593,361.86 in Q3 2021[21] - The company experienced a significant increase in prepayments, which rose by 86.30% to ¥28,576.16 million due to increased imports and mold prepayments[8] - The company’s contract liabilities increased by 60.49% to ¥11,728.28 million, primarily due to prepayments for new project development[8] - The company reported a decrease in sales revenue from 6,208,401,089.62 to 5,764,321,981.22, reflecting a decline of approximately 7.1%[22] Audit Status - The report for Q3 2022 was not audited[24]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥3,167,204,354.03, a decrease of 12.91% compared to ¥3,636,795,405.38 in the same period last year[21]. - The net profit attributable to shareholders of the listed company increased by 39.10% to ¥256,256,287.42, up from ¥184,222,128.92 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥173,118,346.47, reflecting a 6.99% increase from ¥161,803,548.04 in the same period last year[21]. - The basic earnings per share rose to ¥0.2794, a 39.07% increase compared to ¥0.2009 in the previous year[21]. - The total revenue for the reporting period was ¥3,167,204,354.03, representing a decrease of 12.91% compared to the previous year[44]. - Revenue from the automotive sector was ¥2,949,081,257.44, accounting for 93.11% of total revenue, with a year-on-year decline of 14.10%[45]. - The company's gross profit margin for the automotive sector was 19.52%, showing a slight increase of 0.04% compared to the previous year[47]. - The company reported a significant increase of 380.33% in net cash flow from investing activities, totaling ¥144,894,561.89[44]. - The company reported a net loss of CNY 181,617,389.39 in the first half of 2022, an improvement from a net loss of CNY 358,865,031.49 in the same period last year[181]. - The total profit for the first half of 2022 was CNY 299.86 million, compared to CNY 222.55 million in the same period of 2021, marking a 35% increase[184]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,359,751,719.33, showing a slight increase of 0.51% from ¥8,316,987,409.39 at the end of the previous year[21]. - The total liabilities decreased to CNY 5.72 billion from CNY 6.01 billion at the end of the previous year[177]. - The company's total assets at the end of the reporting period were CNY 2,634,833,639.60, reflecting a significant increase from the previous year's total assets[199]. - The total liabilities at the end of the reporting period were not provided, but the equity figures suggest a stable financial position[199]. Cash Flow - The net cash flow from operating activities decreased by 49.28% to ¥141,700,083.90, down from ¥279,379,989.05 in the same period last year[21]. - The company's cash inflow from operating activities was CNY 3.63 billion, down from CNY 4.24 billion in the first half of 2021, representing a decrease of 14%[189]. - The cash flow from operating activities was significantly impacted, with cash outflows totaling 1,193,168,923.68 CNY compared to 1,293,961,762.40 CNY in the previous year[192]. Investment and R&D - Research and development expenses increased by 9.19% to ¥113,725,598.08, indicating a commitment to innovation[44]. - The company has established a comprehensive R&D system and is focused on technological innovation and automation[41]. - The company reported a decrease in research and development expenses of CNY 0.00, down from CNY 2.51 million in the previous year, indicating a strategic shift in R&D investment[185]. Market and Operations - The automotive parts segment accounted for over 90% of the company's total revenue, indicating its dominance in the business[29]. - The domestic passenger car market showed signs of recovery in June 2022, with production and sales increasing by 6.0% and 3.4% year-on-year, respectively[36]. - The company is focusing on cost optimization and control in its hospital operations, which is expected to have a lasting impact on operational efficiency[37]. - The company aims to enhance market share by actively exploring new customers, particularly in the new energy sector, and adjusting product structure[69]. Environmental Compliance - The company reported a total emission of 0.65 tons of non-methane total hydrocarbons, which is below the regulatory limit of 75.18 tons per year[80]. - The wastewater discharge for ammonia nitrogen was 0.79 tons, significantly lower than the annual limit of 8.2665 tons[80]. - The company has implemented new strategies to enhance environmental compliance and reduce emissions across its operations[80]. - The company has established a 24-hour online monitoring system for emissions at its facilities, ensuring compliance with environmental regulations[94]. Corporate Governance - The company has not reported any non-operating fund occupation by major shareholders or related parties during the reporting period[122]. - There were no instances of illegal external guarantees reported, reflecting sound financial governance[123]. - The company did not experience any major litigation or arbitration matters during the reporting period[126]. - The company has implemented corrective measures following previous financial irregularities[127]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to drive future growth[182]. - The company is focusing on enhancing its market presence and exploring potential mergers and acquisitions as part of its growth strategy[198].

Financial Performance - The company's revenue for Q1 2022 was ¥1,548,429,453.88, a decrease of 10.54% compared to ¥1,730,804,967.03 in the same period last year[3] - Net profit attributable to shareholders increased by 9.64% to ¥93,074,095.77 from ¥84,892,334.16 year-on-year[3] - The net profit after deducting non-recurring gains and losses rose by 29.67% to ¥39,733,144.15 compared to ¥30,642,035.69 in the previous year[3] - The net profit for the first quarter of 2022 was CNY 94,225,936.82, an increase of 11.8% compared to CNY 84,230,716.64 in the same period last year[19] - The operating profit for the first quarter was CNY 117,939,673.59, slightly up from CNY 115,064,478.40 year-over-year[19] - The company reported a total comprehensive income of CNY 120,842,612.94, significantly higher than CNY 51,924,508.38 in the same quarter last year[19] - Basic earnings per share increased to CNY 0.1015 from CNY 0.0926 year-over-year, indicating improved profitability[19] Cash Flow and Assets - The net cash flow from operating activities was ¥187,283,469.09, up 7.20% from ¥174,704,630.96 in the same period last year[3] - Cash and cash equivalents increased to CNY 1,195,956,436.26 from CNY 1,038,110,329.35, representing a growth of 15.1%[14] - The cash flow from operating activities generated a net amount of CNY 187,283,469.09, compared to CNY 174,704,630.96 in the previous year, reflecting a positive trend[22] - The cash and cash equivalents at the end of the period amounted to CNY 539,320,089.21, a slight decrease from CNY 542,234,926.07 at the end of the previous year[23] - The company experienced a net cash outflow from financing activities of CNY -132,364,007.26, an improvement from CNY -184,418,075.02 in the previous year[23] - The company’s investment activities generated a net cash inflow of CNY 18,796,340.79, compared to a net outflow of CNY -9,212,829.04 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,422,976,845.45, an increase of 1.24% from ¥8,319,641,516.12 at the end of the previous year[3] - Total assets increased to CNY 8,422,976,845.45 from CNY 8,319,641,516.12, reflecting a growth of 1.2%[17] - Total liabilities decreased slightly to CNY 5,996,169,619.34 from CNY 6,013,850,404.84, a reduction of 0.3%[16] - Shareholders' equity attributable to the parent company increased by 5.22% to ¥2,418,087,667.54 from ¥2,298,223,393.76 at the end of the previous year[3] Operational Metrics - Total operating costs for the first quarter were CNY 1,547,459,993.69, down from CNY 1,736,860,666.26, reflecting a reduction of 10.9%[17] - Gross profit margin for the first quarter was approximately 0.06%, compared to a higher margin in the previous year, indicating a challenging cost environment[17] - Accounts receivable decreased to CNY 1,262,552,324.36 from CNY 1,508,431,579.49, a decline of 16.3%[14] - Inventory levels rose to CNY 1,047,633,787.58 from CNY 938,963,067.94, an increase of 11.6%[14] Non-Recurring Items and Investments - The company reported a total of ¥53,340,951.62 in non-recurring gains and losses for the period[5] - The company experienced a significant increase in other non-current assets, up 155.77% to ¥89,501,800 from ¥34,993,200 due to investments in new production lines[7] - The company’s contract liabilities increased by 69.02% to ¥123,516,700, reflecting prepayments for new project developments[7] - The company reported a net investment income of CNY 60,067,149.19, down from CNY 117,166,860.88, indicating a decline of 48.8%[17] Future Outlook - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[17] - The company’s stock price was below 70% of the conversion price for 30 consecutive trading days, triggering a buyback of convertible bonds[12]

Financial Performance - The company's operating revenue for 2021 was CNY 7,389,871,099.90, representing a 20.66% increase compared to CNY 6,124,452,567.36 in 2020[18]. - The net profit attributable to shareholders was a loss of CNY 203,162,392.55, a decrease of 1,144.07% from a profit of CNY 19,458,658.15 in 2020[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 172,952,974.54, an increase of 442.31% from CNY 31,891,698.03 in 2020[18]. - The net cash flow from operating activities was CNY 419,597,352.35, up 67.11% from CNY 251,083,984.71 in 2020[18]. - The total assets at the end of 2021 were CNY 8,316,987,409.39, a slight decrease of 0.27% from CNY 8,339,657,155.37 at the end of 2020[18]. - The net assets attributable to shareholders decreased by 16.51% to CNY 2,298,223,393.76 from CNY 2,752,708,108.28 at the end of 2020[18]. - The basic and diluted earnings per share were both CNY -0.222, a decrease of 1,157.14% from CNY 0.021 in 2020[18]. - The weighted average return on equity was -7.97%, down 8.65 percentage points from 0.68% in 2020[18]. Business Expansion and Strategy - The company has expanded its business into the healthcare industry, marking a shift from solely automotive parts to a dual focus on automotive and healthcare sectors[17]. - The company aims to enhance its revenue and profitability through innovation, supply chain security, and cost control strategies[33]. - The company is actively involved in the new energy vehicle sector, with significant production and sales figures reported for various clients[42]. - The company plans to enhance its aftermarket service capabilities to increase market share and customer profitability[45]. - The company plans to enhance collaboration with multinational corporations to improve design and manufacturing capabilities in the automotive parts sector[101]. - The company aims to increase its market share by deepening partnerships with major clients such as BMW and Tesla while exploring new customer segments[104]. Production and Sales Performance - The company produced 391.56 thousand bumpers, a 28.98% increase compared to the previous year, and sold 388.80 thousand bumpers, a 27.80% increase[39]. - The production of door sills reached 246.86 thousand units, up 16.13% year-on-year, with sales of 252.84 thousand units, an increase of 19.43%[39]. - The company reported a production of 126.65 thousand wheel arches, down 13.15% from the previous year, and sales of 124.14 thousand units, a decrease of 13.87%[39]. - The total sales revenue from Tesla amounted to approximately ¥647.85 million, with a production of 196,305 units and sales of 195,122 units[42]. - The automotive decorative parts segment generated ¥6,958,101,566.29, accounting for 94.16% of total revenue, with a year-on-year growth of 19.86%[60]. Research and Development - The company has established a comprehensive R&D system, utilizing advanced software to improve design efficiency and reduce development time[44]. - Research and development expenses increased by 30.37% to ¥274,979,756.48 due to the increase in new project development[72]. - The company has completed the R&D of ultrasonic automated welding technology for automotive bumpers, which is now in mass production, enhancing product quality and competitiveness[73]. - The company is in the trial production phase for high-strength buffer-type automotive rear bumpers, improving product qualification rates and core competitiveness[74]. - The company has developed a new automotive energy-absorbing box technology, which is currently in the trial phase, aimed at enhancing mechanical performance and stability[74]. Environmental Management - The company is classified as a key pollutant discharge unit by environmental protection authorities, indicating its significant environmental impact[155]. - Specific pollutants such as non-methane total hydrocarbons were reported at a concentration of 4 mg/m³, well below the standard of 50 mg/m³, with a total discharge of 1.64 tons[155]. - The company has established wastewater treatment facilities with a total of 7 sets and air pollution control devices with 25 sets, all operating normally and meeting discharge standards in 2021[160]. - The company has committed to improving its environmental management practices by updating monitoring equipment and reapplying for pollution discharge permits[181]. - The company has ongoing projects aimed at expanding production capacity, including a 350,000 sets/year automotive colored bumper painting line in Yantai[168]. Corporate Governance - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, institutions, and finance[113]. - The company has a strong emphasis on corporate governance, with independent directors and supervisors actively involved in oversight[120]. - The company is committed to transparency and has addressed regulatory concerns promptly, ensuring compliance with financial regulations[123]. - The company has established an internal environmental management system to ensure sustainable development and compliance with environmental laws[186]. - The company has strengthened investor relations management to ensure investors' right to information[182]. Employee Management - The total number of employees at the end of the reporting period was 5,684, with 297 in the parent company and 5,387 in major subsidiaries[138]. - The company implemented a performance-based salary system, linking compensation closely to performance evaluations[139]. - The company established a comprehensive employee training system, focusing on enhancing practical skills and work performance[140]. - The company actively established social insurance and housing fund systems for employees, ensuring compliance with national and local policies[139]. - The company emphasizes employee rights protection and has implemented measures such as regular health check-ups and collective labor contracts[186].

Financial Performance - The company's operating revenue for 2020 was CNY 6,124,452,567.36, representing an increase of 11.57% compared to CNY 5,489,528,084.66 in 2019[16] - The net profit attributable to shareholders decreased by 78.16% to CNY 19,458,658.15 from CNY 89,112,907.28 in the previous year[16] - The net profit after deducting non-recurring gains and losses increased significantly by 442.54% to CNY 31,891,698.03 from CNY 5,878,214.20 in 2019[16] - The net cash flow from operating activities rose by 48.10% to CNY 251,083,984.71 compared to CNY 169,535,655.52 in 2019[16] - Basic earnings per share decreased by 80.56% to CNY 0.021 from CNY 0.108 in the previous year[16] - The weighted average return on net assets fell by 3.16 percentage points to 0.68% from 3.84% in 2019[16] - Total assets increased by 6.34% to CNY 8,339,657,155.37 compared to CNY 7,842,806,794.47 in the previous year[17] - Net profit attributable to shareholders was CNY 2,752,708,108.28, a 16.77% increase from CNY 2,357,367,397.02 in 2019[17] - The company reported a total revenue of CNY 2,069,022,522.09 in Q4 2020, with a year-on-year increase of 11% in total revenue for the year[20][27] Business Expansion and Strategy - The company has expanded its business into the healthcare industry, marking a shift from solely automotive parts to a dual focus on automotive and healthcare sectors[15] - The company is expanding its healthcare segment with the establishment of Mingci Hospital, focusing on cardiovascular diseases and diabetes[25] - The company is actively exploring new business opportunities in the new energy vehicle sector, successfully developing clients such as BYD and NIO[41] - The company plans to strengthen cooperation with multinational companies to enhance design, manufacturing technology, and management methods, aiming to establish a competitive industrial system in both domestic and international markets[99] - In the automotive parts sector, the company aims to consolidate its advantages in the bumper field and deepen cooperation with high-quality clients such as BMW, Tesla, and Volvo, while also expanding its customer base[101] Production and Quality - The automotive segment produced over 6 million sets of bumpers annually, establishing the company as a leading supplier of high-end automotive exterior parts in China[24] - The company has an annual production capacity of over 6 million sets of bumpers, benefiting from economies of scale and advanced production technology[34] - The company maintains a high product quality standard, with an average qualification rate for production reaching over 95% for certain products[40] - The company has established a quality management system compliant with ISO/TS16949, ISO14001, and OHSAS18001, ensuring efficient production operations[33] - The company reported a production volume of 303.59 thousand bumpers, a 4.38% increase compared to the previous year, and a sales volume of 304.22 thousand bumpers, up 5.90% year-on-year[55] Financial Management and Investments - The company plans to distribute a cash dividend of CNY 2.18 per 10 shares, based on a total of 917,052,789 shares[4] - The company has maintained a consistent cash dividend policy over the past three years, with no capital reserve conversion into shares[112] - The company has made a commitment to maintain a minimum cash dividend ratio of 40% during profit distribution[119] - The company reported a significant investment income of CNY 220,659,005.64, accounting for 566.17% of total profit, primarily from Beiqi Moulding[78] - The total investment amount for the reporting period was CNY 608,029,945.07, representing a 34.97% increase compared to the previous year[87] Risk Management and Challenges - The company emphasizes the importance of risk awareness regarding its future operational plans and strategies[4] - The company has implemented risk control measures and strategic adjustments to navigate the uncertainties in the market environment[24] - The company anticipates challenges in the automotive market due to the ongoing impact of the COVID-19 pandemic, with domestic passenger car production and sales down by 6.5% and 6% respectively in 2020[103] - The company recognizes the risk of talent shortages due to its expanding scale and increasing competition for skilled personnel[105] Environmental Responsibility - The company has actively participated in social responsibility initiatives, providing medical assistance to 45 heart disease patients during the year[157] - The company is classified as a key pollutant discharge unit, with specific emissions monitored and reported[161] - The company has implemented a comprehensive pollution prevention and control strategy, ensuring that all facilities meet environmental standards[165] - The company operates one wastewater treatment facility and 25 air pollution control devices, including four RTO incinerators for waste gas treatment, all of which were functioning normally in 2020[165] - The company has established emergency response plans for environmental incidents, ensuring preparedness for potential issues[176][179] Shareholder Information - The company increased its share capital by 89,870,966 shares due to the conversion of convertible bonds, resulting in an increase in equity of 618,677,637.95 yuan[197] - The total number of shares after the capital increase is 917,052,789, with 11.99% being limited shares and 88.01% being unrestricted shares[192] - Jiangyin Mould Group holds 295,959,745 shares, with 217,000,000 shares pledged[199] - The company has a total of 85,171 common shareholders at the end of the reporting period, an increase from 80,282 at the end of the previous month[199] - The report indicates that the top 10 unrestricted shareholders have a combined total of 258,000,000 shares, reflecting strong shareholder support[200]

Revenue and Profitability - Revenue for Q3 2021 reached ¥1,932,336,686.36, an increase of 11.45% year-over-year, while year-to-date revenue was ¥5,569,132,091.74, up 37.33% compared to the same period last year[3] - Net profit attributable to shareholders was -¥414,848,617.66, a decrease of 633.93% year-over-year, with a year-to-date net profit of -¥221,681,201.95, down 487.79% compared to the previous year[3] - Basic and diluted earnings per share for Q3 2021 were both -¥0.4524, a decrease of 634.09% year-over-year[3] - The net profit for the third quarter was a loss of CNY 223,074,283.42, compared to a loss of CNY 39,625,821.88 in the previous year[22] - The total comprehensive income for the quarter was a loss of CNY 257,978,385.81, compared to a loss of CNY 231,289,676.49 in the previous year[23] Cash Flow and Operating Activities - The net cash flow from operating activities for the year-to-date period was ¥359,023,404.69, representing an increase of 117.88%[3] - The company experienced a significant increase in cash flow from operating activities, indicating improved operational efficiency despite the net loss[8] - The net cash flow from operating activities for the current period is CNY 359,023,404.69, an increase of 118.5% compared to CNY 164,781,699.52 in the previous period[26] - Total cash inflow from operating activities reached CNY 6,320,579,089.20, up from CNY 4,482,245,543.04, reflecting a growth of 41.0%[25] - Cash outflow from operating activities totaled CNY 5,961,555,684.51, compared to CNY 4,317,463,843.52 in the previous period, marking an increase of 38.2%[26] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥8,055,187,707.78, a decrease of 3.41% from the end of the previous year[3] - The company's total assets decreased to CNY 8,055,187,707.78 from CNY 8,339,657,155.37 at the end of the previous quarter[19] - The total liabilities increased to CNY 5,752,357,474.59, compared to CNY 5,579,929,419.78 in the previous year[19] - The company's total assets were CNY 8,339,657,155.37, down from CNY 8,410,367,577.05[31] - Current liabilities totaled CNY 4,865,993,255.69, showing a slight decrease from CNY 4,873,271,550.33[31] Investments and Expenses - Research and development expenses increased by 43.17% to ¥16,904.31 million, reflecting higher investment in technology development[8] - Research and development expenses for the quarter were CNY 169,043,129.84, an increase of 43.2% from CNY 118,074,287.27 in the same period last year[22] - The company recorded a loss of -¥464,825,324.47 related to asset impairment for its investment in the U.S. subsidiary[5] - The company reported a significant increase in investment income, which reached CNY 186,593,361.86, compared to CNY 174,696,705.49 in the previous year[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 73,977[10] - Jiangyin Mould Group Co., Ltd. holds 37.85% of shares, totaling 347,145,082 shares, with 238,487,300 shares pledged[10] Other Financial Information - The company has undergone a board and supervisory committee reshuffle, with new appointments confirmed on September 29, 2021[13] - The company completed the sale of assets related to American Minghua for a transaction price of $1, effective October 2021[12] - The company has received a total of 1 USD for the asset transfer agreement with Plasman US Holdco LLC[12] - The company reported an undistributed profit of CNY 1,151,459,522.06, unchanged from the previous period[31] - The company has not undergone an audit for the third quarter report[33]

Financial Performance - The company's revenue for Q3 2021 was ¥1,932,336,686.36, representing an increase of 11.45% compared to the same period last year, and a year-to-date revenue of ¥5,569,132,091.74, up 37.33% year-on-year[3]. - The net profit attributable to shareholders was -¥414,848,617.66, a decrease of 634.06% year-on-year, with a year-to-date net profit of -¥230,626,488.74, down 506.51% compared to the previous year[3]. - The basic and diluted earnings per share were both -¥0.4524, reflecting a decline of 599.34% year-on-year[3]. - The company reported a net loss of ¥232,019,570.21 for Q3 2021, compared to a net loss of ¥39,936,822.97 in Q3 2020[21]. - The net profit attributable to the parent company was -230,626,488.74 CNY, compared to -38,025,271.12 CNY in the previous period, indicating a significant decline[22]. - The total comprehensive income attributable to the parent company was -265,549,628.00 CNY, down from -229,689,125.73 CNY year-over-year[22]. - The basic and diluted earnings per share were both -0.2515 CNY, compared to -0.0421 CNY in the previous period, indicating a deterioration in earnings performance[22]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥8,052,624,155.10, a decrease of 3.71% from the end of the previous year[3]. - The total assets decreased to ¥8,052,624,155.10 from ¥8,363,319,760.32 at the end of the previous quarter[19]. - Total liabilities increased to ¥5,752,125,146.36, compared to ¥5,596,958,925.52 in the previous quarter[19]. - The company's equity attributable to shareholders decreased by 16.88% to ¥2,293,641,519.48 compared to the end of the previous year[3]. - The company's total owner's equity decreased to ¥2,300,499,008.74 from ¥2,766,360,834.80 in the previous quarter[19]. - Total liabilities reached approximately ¥5.60 billion, down by ¥70.71 million from the previous period[30]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥358,519,235.96, an increase of 118.32%[3]. - The cash inflow from operating activities totaled 6,320,579,089.20 CNY, compared to 4,482,245,543.04 CNY in the same period last year, reflecting a growth of approximately 41%[25]. - The cash outflow from operating activities was 5,962,059,853.24 CNY, up from 4,318,027,337.28 CNY, representing a 38% increase[25]. - The net cash flow from investing activities was -63,840,488.35 CNY, an improvement from -145,710,414.20 CNY in the previous period[26]. - The net cash flow from financing activities was -329,777,344.00 CNY, compared to a positive flow of 70,238,734.34 CNY in the previous period[26]. - The total cash and cash equivalents at the end of the period were 524,515,126.92 CNY, down from 603,869,316.94 CNY year-over-year[26]. - The company received 70,385,100.34 CNY in tax refunds, significantly higher than 2,093,326.62 CNY in the previous period[25]. Operational Highlights - Research and development expenses for the quarter were ¥16,904.31 million, an increase of 43.17% compared to the previous year[8]. - Research and development expenses increased to ¥169,043,129.84, representing a rise of 43.2% from ¥118,074,287.27 in the previous year[21]. - The company experienced a 37.33% increase in sales revenue due to higher sales volume[8]. - The company has seen a 352.52% increase in notes payable, indicating a shift towards using notes for payments[7]. - The company completed the sale of assets to Plasman US Holdco LLC for a transaction price of $1, effective October 2021[12]. - The company plans to continue focusing on market expansion and new product development to improve future performance[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 73,977[10]. - Jiangyin Mould Group Co., Ltd. holds 37.85% of shares, totaling 347,145,082 shares, with 238,487,300 shares pledged[10]. - The company has no preferred shareholders as per the report[12]. Miscellaneous - The report for the third quarter was not audited[31]. - The company implemented new leasing standards starting from 2021, but this did not apply to the current report[31].