Financial Performance - The company's operating revenue for 2022 was ¥7,266,865,692.18, representing a 28.48% increase from ¥5,655,971,824.78 in 2021[13]. - The net profit attributable to shareholders for 2022 was ¥2,382,459,963.15, a 59.79% increase from ¥1,490,958,519.30 in 2021[13]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,304,981,950.35, up 66.85% from ¥1,381,441,067.24 in 2021[13]. - The company's cash flow from operating activities for 2022 was ¥821,286,903.12, a decrease of 38.50% compared to ¥1,335,358,874.60 in 2021[13]. - The total assets at the end of 2022 were ¥13,560,179,608.40, reflecting a 21.91% increase from ¥11,122,768,868.08 at the end of 2021[13]. - The net assets attributable to shareholders at the end of 2022 were ¥9,755,985,555.04, a 31.11% increase from ¥7,441,051,074.48 at the end of 2021[13]. - The company's total R&D expenditure amounted to ¥579,869,276.83 in 2022, an increase of 17.29% compared to ¥494,388,868.73 in 2021[40]. - The company reported a net profit of CNY 361,274,621.34 for the year 2022, with a total distributable profit of CNY 1,177,750,105.88 after accounting for statutory reserves and previous undistributed profits[104]. Dividend Distribution - The company plans to distribute a cash dividend of 11.45 CNY per 10 shares to all shareholders, based on a total of 520,413,168 shares[2]. - A cash dividend of CNY 11.45 per 10 shares (including tax) was proposed, amounting to a total distribution of CNY 595,873,077.36, which represents 100% of the profit distribution[103]. - The company did not propose a cash dividend distribution plan for the reporting period despite having positive distributable profits[102]. Corporate Governance - The company emphasizes the importance of maintaining accurate financial reporting and compliance with regulatory standards[2]. - The board of directors has confirmed the authenticity and completeness of the annual report, ensuring no misleading statements or omissions[2]. - The company is committed to high-quality development and improving corporate governance in accordance with relevant laws and regulations[74]. - The company has established a performance evaluation and incentive mechanism for senior management, linking their performance directly to compensation[76]. - The company has a diverse board with independent directors from various professional backgrounds, enhancing governance and oversight[83]. - The company held 13 board meetings during the reporting period, with all reasonable suggestions from directors being accepted[91][94]. - The company did not report any objections from directors regarding company matters during the reporting period[93]. Market Strategy and Development - The company reported a significant focus on new product development and technological innovation to enhance market competitiveness[3]. - Future outlook includes strategic market expansion and potential mergers and acquisitions to drive growth[3]. - The company is focusing on high-quality development and enhancing its electronic component supply chain capabilities[24]. - The company aims to become a leading specialized supplier and solution provider for electronic components in China, focusing on enhancing core product capacity and reducing supply cycles[70]. - The company plans to enhance its product offerings in the LTCC filter and MOSFET product lines, aiming to strengthen market competitiveness[38]. - The company is actively pursuing new technologies and product developments to enhance environmental compliance and operational efficiency[126]. Environmental Responsibility - The company is committed to environmental and social responsibilities as part of its corporate governance strategy[5]. - The company has established a supervisory board office to support the work of the supervisory board, addressing previous governance issues[116]. - The company has implemented a comprehensive plan to track and guide the rectification of audit issues, demonstrating its commitment to continuous improvement[117]. - The company has adhered to the "three simultaneous" requirements for environmental protection facilities in its construction projects, ensuring compliance with environmental standards[122]. - The company reported a total wastewater discharge of 0.944 tons with a suspended solids concentration of 50 mg/L, well within the permitted limits[123]. - The company achieved a total emission of 80.13 mg/m³ for hydrochloric acid, which is below the regulatory limit[124]. - The company has no instances of exceeding the permitted discharge limits for heavy metals such as lead and nickel in wastewater[123]. - The company has implemented emergency response plans for environmental incidents, with all subsidiaries having their plans filed with local environmental authorities[132]. Research and Development - The company applied for 355 patents in 2022, including 146 invention patents, and received 240 patent authorizations[25]. - New product development has shown rapid growth, with several new products achieving or exceeding benchmark standards, leading to increased market recognition[24]. - The number of R&D personnel increased to 1,022 in 2022, up 18.15% from 865 in 2021[39]. - Research and development expenses increased to ¥516,193,265.27 in 2022, up 39.6% from ¥369,816,415.58 in 2021[194]. Shareholder Engagement - The company held six shareholder meetings during the reporting period, with participation rates ranging from 47.28% to 52.77%[78]. - The company has actively engaged with investors through various communication channels, including phone calls and roadshows[71]. - Chairman Chen Gang increased his shareholding by 45,000 shares, bringing his total to 90,000 shares due to the second phase of the equity incentive plan[79]. - Executive Vice President Pan Wenzhang increased his shareholding by 54,000 shares, totaling 108,000 shares, also due to the second phase of the equity incentive plan[79]. Financial Audit and Compliance - The company has engaged Da Xin Accounting Firm for auditing services, ensuring rigorous financial oversight[11]. - The audit report confirms the financial statements are accurate and comply with regulations[176]. - The company reported a standard unqualified audit opinion from Da Xin Accounting Firm on April 26, 2023[176]. - The company has maintained effective internal controls over financial reporting as of December 31, 2022, according to the internal control audit report[115]. Employee Welfare - The total number of employees at the end of the reporting period was 7,275, with 3,952 in production, 1,679 in technology, and 259 in sales[98]. - The company has a total of 5,204 retired employees who require financial support, indicating a significant commitment to employee welfare[98]. - The company conducted 2,870 training sessions in 2022, with a total of 68,156 participants, focusing on skills development and aligning training content with corporate goals[100]. - The company’s employee compensation policy is based on performance, with different structures for various roles, including annual salaries for management and commission-based pay for sales personnel[99].

Financial Performance - The company's operating revenue for Q1 2023 was ¥2,101,947,224.17, representing an increase of 11.46% compared to ¥1,885,911,599.57 in the same period last year[4]. - Net profit attributable to shareholders was ¥734,623,812.89, up 20.96% from ¥607,328,795.62 year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥719,973,734.76, reflecting a growth of 21.93% compared to ¥590,500,719.12 in the previous year[4]. - Total operating revenue for Q1 2023 reached ¥2,101,947,224.17, an increase of 11.5% compared to ¥1,885,911,599.57 in Q1 2022[16]. - Net profit for Q1 2023 was ¥734,737,326.82, representing a 21% increase from ¥607,363,012.20 in Q1 2022[17]. - The company reported a comprehensive income total of ¥735,157,881.64 for Q1 2023, compared to ¥606,180,914.64 in the previous year, an increase of 21.2%[18]. - Basic earnings per share for Q1 2023 were ¥1.4116, up from ¥1.1721 in Q1 2022, reflecting a growth of 20.4%[18]. Assets and Liabilities - The company's total assets increased by 7.82% to ¥14,620,427,558.82 from ¥13,560,179,608.40 at the end of the previous year[4]. - The total liabilities increased to ¥4,130,596,442.22, up from ¥3,807,430,960.19, indicating a growth of 8.5%[15]. - The total equity attributable to shareholders of the parent company rose to ¥10,492,954,509.50, compared to ¥9,755,985,555.04, an increase of 7.5%[15]. - The total current assets are reported at ¥11,041,515,323.62, up from ¥9,990,540,712.43 at the beginning of the year[14]. - The company's total assets as of March 31, 2023, amount to ¥14,620,427,558.82, an increase from ¥13,560,179,608.40 at the beginning of the year[13]. Cash Flow - Cash flow from operating activities was ¥17,862,608.35, down 39.89% from ¥29,714,198.80 in the previous year, primarily due to increased tax payments and employee compensation[10]. - The net cash flow from financing activities improved by 136.98% to ¥91,136,295.40, compared to a net outflow of ¥246,443,915.91 in the previous year[10]. - Operating cash inflow for the period was CNY 1,284,980,167.31, an increase from CNY 1,198,458,714.25 in the previous period, representing a growth of approximately 7.2%[19]. - Net cash flow from operating activities decreased to CNY 17,862,608.35 from CNY 29,714,198.80, a decline of about 39.9%[19]. - Cash inflow from financing activities was CNY 127,948,967.73, compared to CNY 71,429,240.16, marking an increase of approximately 79.3%[20]. - The ending balance of cash and cash equivalents increased to CNY 1,783,294,107.97 from CNY 1,296,521,669.48, reflecting a growth of approximately 37.5%[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,505, with the top ten shareholders holding 32.58% of the shares[11]. - China Zhinhua Electronics Group Co., Ltd. holds 169,573,344 shares, representing 32.58% of the total shares[12]. Expenses - Total operating costs for Q1 2023 were ¥1,200,538,704.00, up from ¥1,114,915,274.21 in the same period last year, reflecting a growth of 7.7%[16]. - Research and development expenses increased to ¥117,686,790.43 in Q1 2023, compared to ¥99,305,974.18 in Q1 2022, marking a rise of 18.5%[17]. Other Financial Metrics - The weighted average return on equity decreased to 7.26% from 7.84% year-on-year, a decline of 0.58%[4]. - The company received government subsidies amounting to ¥16,000,666.53 during the reporting period, which contributed positively to its financial performance[5]. - The company has not reported any new strategies or product developments in the current quarter[12].

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,865,045,036.76, representing a 30.30% increase year-over-year[3] - The net profit attributable to shareholders for the same period was ¥590,693,989.29, up 34.15% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses reached ¥585,142,420.39, reflecting a 36.68% increase year-over-year[3] - The company's basic earnings per share for Q3 2022 was ¥1.1401, which is a 33.35% increase compared to the same period last year[3] - The total operating profit for Q3 2022 was approximately CNY 2.19 billion, an increase of 92.0% compared to CNY 1.14 billion in Q3 2021[20] - The net profit attributable to shareholders of the parent company reached CNY 1.86 billion, up 95.0% from CNY 955.71 million in the same period last year[20] - The total comprehensive income attributable to the parent company was CNY 946.83 million, reflecting a significant increase compared to the previous year's CNY 946.83 million[21] - Basic and diluted earnings per share for the quarter were CNY 1.8565, indicating strong profitability growth[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥13,377,905,638.32, a 20.27% increase from the end of the previous year[3] - The company's total assets reached CNY 13,377,905,638.32, up from CNY 11,122,768,868.08, representing a growth of 20.3%[18] - Non-current liabilities totaled CNY 1,211,229,266.36, an increase from CNY 991,639,662.92, indicating a rise of 22.2%[18] - The total liabilities of the company were CNY 4,224,685,296.01, compared to CNY 3,685,539,261.80, reflecting an increase of 14.6%[18] - The equity attributable to shareholders of the parent company rose to CNY 9,156,716,316.97, up from CNY 7,441,051,074.48, a growth of 22.9%[18] Cash Flow - The net cash flow from operating activities decreased by 53.17% to 312,665,753.65, attributed to increased tax payments and employee compensation[11] - The net cash flow from investing activities was -301,379,553.47, a decrease of 24.14%, due to reduced cash inflows from investments and capital increases in subsidiaries[11] - The net cash flow from financing activities decreased by 29.06% to -376,963,199.20, primarily due to increased cash dividends and reduced net cash from borrowings[11] - Cash flow from operating activities amounted to CNY 4.05 billion, an increase of 9.1% from CNY 3.71 billion in the prior year[22] - The net cash flow from investing activities was negative CNY 301.38 million, worsening from negative CNY 242.77 million in the same period last year[23] - Cash flow from financing activities showed a net outflow of CNY 376.96 million, compared to a net outflow of CNY 292.09 million in Q3 2021[23] Research and Development - Research and development expenses increased to ¥361,574,447.32, a rise of 31.76% year-over-year, indicating a focus on product innovation[9] - Research and development expenses increased to CNY 361,574,447.32, compared to CNY 274,414,915.47 in the previous period, marking a rise of 31.8%[19] Accounts Receivable and Inventory - Accounts receivable surged by 172.46% to ¥4,033,683,587.16, primarily due to increased sales in the new electronic components sector[7] - Accounts receivable increased significantly to 4,033,683,587.16 from 1,480,493,149.34, indicating a substantial rise in credit sales[16] - Inventory levels rose to 2,203,614,611.00, up from 1,846,132,407.01, reflecting increased stock levels[16] Market Expansion and Strategy - The company plans to continue expanding its market presence, particularly in high-reliability products within the electronic components sector, which has shown strong performance[9] - The company plans to continue expanding its market presence and investing in new technologies, although specific strategies were not detailed in the provided content[19] Other Financial Metrics - The fair value change income for the reporting period was -4,945,743.10, a decrease of 46.92% compared to the previous period[10] - Credit impairment losses increased by 157.17% to -122,085,350.36, primarily due to an increase in receivables and the expected credit loss rate[10] - The company experienced a significant increase in credit impairment losses, totaling CNY 122.09 million, compared to CNY 47.47 million in the previous year[20] - The company reported a foreign exchange impact of CNY 218,715.45 on cash and cash equivalents[23] - The total cash and cash equivalents at the end of the period stood at CNY 1.28 billion, a decrease from CNY 1.05 billion at the end of the previous year[23]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥3,835,599,293.11, representing a 36.18% increase compared to ¥2,816,664,822.39 in the same period last year[10]. - The net profit attributable to shareholders of the listed company reached ¥1,272,905,122.82, a significant increase of 146.98% from ¥515,384,794.94 in the previous year[10]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,242,060,599.48, up 151.92% from ¥493,038,475.76 year-on-year[10]. - The basic earnings per share increased to ¥2.4567, a rise of 145.40% compared to ¥1.0011 in the previous year[10]. - The total assets at the end of the reporting period were ¥12,591,218,946.62, reflecting a 13.20% increase from ¥11,122,768,868.08 at the end of the previous year[10]. - The net assets attributable to shareholders of the listed company were ¥8,564,377,655.83, which is a 15.10% increase from ¥7,441,051,074.48 at the end of the previous year[10]. - The net cash flow from operating activities was ¥436,296,105.00, showing a decrease of 5.01% compared to ¥459,289,232.57 in the same period last year[10]. - The weighted average return on net assets was 15.75%, an increase of 7.48% from 8.27% in the previous year[10]. Revenue and Costs - The company achieved a total revenue of CNY 3.84 billion in the reporting period, representing a year-on-year growth of 36.18%[16]. - Operating costs amounted to ¥2,246,562,504.80, up from ¥2,161,584,718.77, reflecting a rise of 3.9%[94]. - The gross profit margin improved to 62.14%, an increase of 5.5 percentage points compared to the previous year[16]. - The gross profit margin for new electronic components was 62.28%, an increase of 5.82% compared to the same period last year[22]. Research and Development - Research and development expenses increased by 28.05% to CNY 273.54 million, reflecting the company's commitment to product innovation[20]. - The company applied for 171 patents during the reporting period, with 104 patents granted, including 31 invention patents[18]. Cash Flow and Investments - The company’s investment activities resulted in a net cash outflow of CNY 208.90 million, a 63.69% increase in outflow compared to the previous year[20]. - The company reported a total of ¥58,726,893.12 in financial assets at the beginning of the period, which decreased to ¥52,189,998.56 by the end of the period due to fair value changes[28]. - The company reported a total investment amount during the reporting period of ¥119,371,485, a decrease of 40.60% compared to ¥200,958,966.46 in the same period last year[30]. Liabilities and Equity - The total liabilities increased to ¥4,030,619,535.95 from ¥3,685,539,261.80, which is an increase of about 9.4%[90]. - The company’s total owner's equity rose to ¥8,560,599,410.67 from ¥7,437,229,606.28, reflecting an increase of about 15.1%[90]. - The company’s other payables increased to ¥310,482,923.47, accounting for 2.47% of total liabilities, due to dividend provisions and factoring business[26]. Environmental Responsibility - The company reported no significant environmental violations, with all pollutant emissions within permitted limits[50]. - The company has implemented strict pollution control measures, ensuring no exceedance of discharge standards across various pollutants[50]. - The company has established wastewater treatment facilities with a capacity of 140t/d for Zhihua Hualian and 350t/d for Zhihua Yuguang, currently undergoing upgrades[52]. Shareholder Information - The total number of shareholders at the end of the reporting period was 27,435, indicating a broad base of ownership[79]. - The largest shareholder, China Zhihua Electronics Group Co., Ltd., holds 32.73% of the total shares, amounting to 169,573,344 shares[80]. - The company has not reported any changes in foreign investment holdings, maintaining a stable ownership structure[79]. Future Outlook and Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[94]. - The management has highlighted potential risks and corresponding measures in the future operations section of the report[2]. - The company is facing risks related to accounts receivable and inventory, with measures in place to mitigate these risks[42][43]. Accounting Policies - The financial statements comply with the requirements of the Accounting Standards for Business Enterprises, reflecting the company's financial position as of June 30, 2022[121]. - The company recognizes revenue when control of goods or services is transferred to customers, typically at the point of sale[181]. - The company applies a systematic approach to assess impairment of intangible assets, recognizing impairment losses when necessary[166]. Credit Risk Management - The overall financial strategy includes a thorough assessment of credit risks associated with customers, particularly in the electric vehicle and energy sectors[197]. - The company aims to enhance its collection processes to mitigate future bad debt provisions and improve cash flow[198]. - The provision for bad debts reflects a cautious approach to financial management amid ongoing disputes and economic uncertainties[198].

Financial Performance - The company's operating revenue for 2021 was ¥5,655,971,824.78, representing a 43.20% increase compared to ¥3,949,731,031.60 in 2020[18]. - The net profit attributable to shareholders for 2021 was ¥1,490,958,519.30, a significant increase of 146.21% from ¥605,569,382.22 in 2020[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,381,441,067.24, up 169.26% from ¥513,050,307.32 in 2020[18]. - The net cash flow from operating activities reached ¥1,335,358,874.60, a remarkable increase of 2,028.62% compared to -¥69,239,138.75 in 2020[18]. - Basic earnings per share for 2021 were ¥2.8946, reflecting a 146.08% increase from ¥1.1763 in 2020[18]. - Gross profit margin increased to 60.82%, up by 7.25 percentage points compared to the previous year[30]. - The company reported a net profit attributable to shareholders of ¥1,490,000,000.00 for the year, with quarterly profits showing a significant increase in Q4 to ¥535,247,615.96[21]. Assets and Liabilities - Total assets reached ¥11,122,768,868.08 in 2021, a 24.17% increase from ¥8,958,029,098.16 in 2020[19]. - Net assets attributable to shareholders increased by 24.61% to ¥7,441,051,074.48 in 2021 from ¥5,971,323,543.91 in 2020[19]. - Total liabilities reached CNY 3,685,539,261.80, up from CNY 2,985,707,651.76, which is an increase of approximately 23.4%[194]. - The company's equity increased to CNY 7,437,229,606.28 from CNY 5,972,321,446.40, representing a growth of about 24.5%[194]. - The total non-current liabilities decreased to CNY 406,192,576.72 in 2021 from CNY 523,507,128.06 in 2020, a decline of approximately 22.4%[198]. Research and Development - The company applied for 336 patents in 2021, including 162 invention patents, and received 223 patent grants, enhancing its intellectual property portfolio[27]. - The company has established 25 provincial and ministerial-level innovation platforms, reflecting its commitment to research and development[27]. - Research and development expenses rose by 11.45% year-on-year to ¥369,816,415.58, reflecting increased investment in product development[43]. - The number of R&D personnel increased by 12.34% to 865, with a notable rise in the number of master's degree holders by 20.3%[46]. Market Position and Strategy - The company is focusing on high-end product development, including new high-performance IGBT and solid-state relay products, to strengthen its market position[27]. - The military electronics component industry is experiencing a surge in orders, with the company capitalizing on this trend to achieve record operational scale and efficiency[25]. - The company anticipates rapid growth in domestic demand for electronic components, particularly in defense and civil sectors driven by new infrastructure projects like 5G and high-voltage power transmission[75]. - The company is committed to continuous improvement in product structure and technology to meet the evolving demands of the market[75]. Corporate Governance - The company held four shareholder meetings during the reporting period, ensuring all shareholders, especially minority shareholders, could fully exercise their voting rights[80]. - The company has established a performance evaluation system linking senior management's performance directly to their compensation, promoting transparency and accountability[81]. - The company is committed to maintaining independence from its controlling shareholder in business, personnel, assets, and financial aspects, ensuring a complete business system[82]. - The company has a structured governance framework with clear roles for its board members and management team[91]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[122]. - The company has consistently met pollution discharge standards across various pollutants, with no instances of exceeding limits reported[123]. - The company has established wastewater treatment facilities with capacities of 140t/d, 350t/d, and 120t/d for its subsidiaries, ensuring compliance with environmental standards[125]. - The company incurred a fine of 730,000 CNY for environmental violations related to unapproved use of construction project facilities, but it had no impact on operations[127]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 24,319, an increase from 23,333 at the end of the previous month, representing a growth of approximately 4.23%[171]. - The largest shareholder, China Zhinhua Electronics Group Co., Ltd., holds 32.73% of the shares, totaling 169,573,344 shares[173]. - The company did not conduct any repurchase agreements among the top 10 shareholders during the reporting period[174]. - The controlling shareholder is China Zhinhua Electronics Group Co., Ltd., a central state-owned enterprise, which has not changed during the reporting period[175]. Financial Management - The company has not reported any penalties from securities regulatory agencies for its current and recently departed directors and supervisors[94]. - The company’s financial reporting adjustments reflect a fair representation of its financial position and operating results in accordance with relevant laws and regulations[136]. - The company has not faced any penalties or corrective actions during the reporting period[141]. - The company has recognized a credit impairment loss of CNY 8,100 million on the entrusted loans due to the bankruptcy of a subsidiary[164].

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,885,911,599.57, representing a 44.16% increase compared to ¥1,308,219,680.89 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2022 was ¥607,328,795.62, a significant increase of 146.21% from ¥246,668,536.72 in the previous year[3]. - The net profit after deducting non-recurring gains and losses was ¥590,500,719.12, up 150.83% from ¥235,414,077.40 year-on-year[3]. - The operating profit for Q1 2022 was CNY 703,480,833.20, up from CNY 293,963,771.45 in Q1 2021, indicating a significant growth[16]. - The total comprehensive income for Q1 2022 was CNY 606,180,914.64, compared to CNY 247,730,386.23 in the same period last year, marking a substantial increase[17]. - The company reported a basic and diluted earnings per share of CNY 1.1721 for Q1 2022, compared to CNY 0.4791 in Q1 2021[18]. Cash Flow - The company's cash flow from operating activities increased by 25.36% to ¥29,714,198.80, compared to ¥23,703,090.55 in the same period last year[8]. - The net cash flow from operating activities for the current period is ¥29,714,198.80, an increase from ¥23,703,090.55 in the previous period, reflecting a growth of approximately 25.8%[20]. - Total cash inflow from operating activities reached ¥1,198,458,714.25, compared to ¥944,266,942.76 in the previous period, indicating a year-over-year increase of about 26.9%[20]. - Cash outflow from operating activities totaled ¥1,168,744,515.45, up from ¥920,563,852.21, representing an increase of approximately 27%[20]. - The cash flow from investing activities showed a net outflow of ¥127,377,990.90, worsening from a net outflow of ¥44,453,009.73 in the previous period[20]. - Cash inflow from financing activities was ¥71,429,240.16, down from ¥99,163,510.64, a decrease of about 28.0%[20]. - The net cash flow from financing activities was -¥246,443,915.91, compared to -¥126,630,303.37 in the previous period, indicating a significant increase in cash outflow[20]. - The ending balance of cash and cash equivalents was ¥1,296,521,669.48, compared to ¥767,716,145.70 in the previous period, showing a substantial increase of approximately 68.8%[21]. - The company paid ¥164,501,988.05 in taxes, significantly higher than ¥85,556,084.10 in the previous period, reflecting an increase of about 92.0%[20]. Assets and Liabilities - Total assets at the end of Q1 2022 were ¥11,908,633,191.24, reflecting a 7.07% increase from ¥11,122,768,868.08 at the end of the previous year[3]. - The total liabilities decreased from ¥3,000,000,000 to ¥2,800,000,000, showing a reduction of about 6.67%[14]. - The total liabilities increased to CNY 3,859,032,292.32 in Q1 2022 from CNY 3,685,539,261.80 in the previous year, showing a growth of 4.7%[16]. - The company's cash and cash equivalents at the end of the reporting period amounted to ¥1,305,130,690.76, down from ¥1,647,893,244.04 at the beginning of the year, representing a decrease of approximately 20.77%[13]. - Accounts receivable increased by 93.73% to ¥2,868,178,244.12, primarily due to increased revenue from new electronic components and extended payment terms[6]. - Inventory at the end of the reporting period was ¥1,969,139,501.36, an increase from ¥1,846,132,407.01, indicating a rise of about 6.66%[13]. - The company's total equity increased to CNY 8,049,600,898.92 in Q1 2022 from CNY 7,437,229,606.28 in the previous year, reflecting a growth of 8.2%[16]. Tax and Expenses - The company experienced a 107.90% increase in income tax expenses, amounting to ¥95,331,625.90, driven by higher total profits[7]. - The company reported a tax expense of CNY 95,331,625.90 for Q1 2022, up from CNY 45,854,996.24 in the previous year, indicating higher profitability[17]. - Research and development expenses for Q1 2022 were CNY 99,305,974.18, up from CNY 78,236,589.34 in Q1 2021, indicating a focus on innovation[16]. - The total operating costs for Q1 2022 were CNY 1,114,915,274.21, compared to CNY 987,330,894.87 in Q1 2021, which is an increase of 12.9%[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 23,333[9]. - The largest shareholder, China Zhihua Electronics Group Co., Ltd., holds 32.73% of the shares, totaling 169,573,344 shares[9]. Other Information - The company has not disclosed any new product or technology developments in the current report[12]. - There are no new strategies or market expansions mentioned in the current financial report[12].