Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,514,337,324.16, a decrease of 19.90% compared to the same period last year[23]. - Net profit attributable to shareholders was CNY 124,615,201.87, an increase of 41.14% year-on-year[23]. - The net cash flow from operating activities reached CNY 473,262,212.47, representing a significant increase of 90.63% compared to the previous year[23]. - Basic earnings per share rose to CNY 0.27, up 42.11% from CNY 0.19 in the same period last year[23]. - Total operating revenue for the first half of 2020 was CNY 1,514,337,324.16, a decrease of 20% compared to CNY 1,890,586,802.23 in the same period of 2019[185]. - Net profit for the first half of 2020 was CNY 97,943,594.33, an increase of 28.9% compared to CNY 76,045,286.00 in the first half of 2019[188]. - The company reported a significant increase in interest income to CNY 20,954,961.85, compared to CNY 3,634,386.79 in the same period last year[185]. - Investment income showed a loss of CNY 6,819,306.55, worsening from a loss of CNY 2,460,953.62 in the previous year[185]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,011,278,744.24, an increase of 6.33% from the end of the previous year[23]. - The company's total liabilities amounted to CNY 1,958,980,139.76, an increase of 36.5% from CNY 1,434,868,800.76 in the previous year[181]. - Total equity decreased to CNY 1,725,119,906.18, down 11.4% from CNY 1,947,331,026.07 year-on-year[181]. - Cash and cash equivalents increased to CNY 1,813,282,387.50, representing 36.18% of total assets, up from 19.59% the previous year[56]. - Total current assets increased to CNY 3,490,235,393.03 as of June 30, 2020, up from CNY 3,156,921,072.66 at the end of 2019, representing a growth of approximately 10.55%[168]. - Total liabilities increased to CNY 2,429,926,504.00 as of June 30, 2020, up from CNY 2,039,088,365.52, reflecting a rise of about 19.2%[171]. - The company's long-term equity investments decreased to CNY 313,194,444.01 from CNY 318,013,499.70, a slight decline of about 1.5%[168]. Sales and Revenue Breakdown - Motorcycle sales volume decreased by 24.66% to approximately 150,000 units, with domestic sales down 9.75% and international sales down 43.81%[42]. - The sales of large-displacement motorcycles (over 250cc) increased by 5.73% to approximately 37,600 units[42]. - Motorcycle manufacturing revenue was CNY 1,397,532,954.05, a decrease of 9.50% year-over-year[51]. - Two-wheeler motorcycle revenue accounted for 88.07% of total revenue, totaling CNY 1,333,633,441.59, down 9.63% from the previous year[51]. - Domestic sales were CNY 1,080,615,912.25, down 14.61% year-over-year, while overseas sales fell by 30.62% to CNY 433,721,411.91 due to reduced sales from the impact of the pandemic[51][54]. - Revenue from packaging, lithium batteries, and controllers decreased by 70.36% to CNY 100,133,477.84, attributed to a significant drop in electric vehicle sales[51]. - Real estate project revenue increased by 93.78% year-over-year, reaching CNY 16,670,892.27, primarily due to new shop sales[51]. Research and Development - The company’s R&D investment rose by 13.58% to CNY 70 million[47]. - The company launched a new brand QJMOTOR, with the first model selling out 999 units in one second during a live stream[42]. Risk Management - The company has identified potential risks and formulated countermeasures for future development challenges[6]. - The company faces multiple risks including macroeconomic downturn, exchange rate fluctuations, and raw material price volatility, which could impact operational performance[82]. Shareholder Information - The largest shareholder, Geely Technology Group Co., Ltd., holds 29.77% of the shares, totaling 135,000,000 shares[137]. - The second-largest shareholder, Wenling Qianjiang Investment Management Co., Ltd., holds 11.68% of the shares, totaling 52,971,397 shares[137]. - The total number of common shareholders at the end of the reporting period was 18,447, with 10 shareholders holding more than 5%[137]. - There were no changes in the controlling shareholder or actual controller during the reporting period[144]. Environmental Compliance - The wastewater treatment station has a processing capacity of 15 tons per hour, and the company ensures that wastewater discharge meets the third-level discharge standards[116]. - The total amount of COD discharged was 0.67 tons, with a concentration of ≤500 mg/L, complying with the GB8979-1996 standards[113]. - The company is committed to environmental protection and has implemented measures to improve processes while ensuring compliance with national standards[116]. - The company has not reported any major environmental pollution issues or exceeded discharge limits during the reporting period[113]. Legal and Regulatory Matters - The company reported a lawsuit involving Zhejiang Qianjiang Lithium Battery Technology Co., Ltd. with a claim amount of 19,983.77 million yuan[92]. - The company’s subsidiary, Zhejiang Qianjiang Lithium Battery Technology Co., Ltd., is involved in ongoing litigation regarding overdue payments[124]. Dividend Policy - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[86].

Financial Performance - The company's operating revenue for Q1 2020 was ¥532,045,101.72, a decrease of 40.53% compared to ¥894,626,500.96 in the same period last year[9] - Net profit attributable to shareholders was ¥15,624,383.31, an increase of 11.27% from ¥14,041,484.60 year-on-year[9] - The net profit after deducting non-recurring gains and losses reached ¥9,098,544.66, a significant increase of 275.25% compared to ¥2,424,692.48 in the previous year[9] - Net profit for Q1 2020 was CNY 3,674,821.64, a decline of approximately 46.0% from CNY 6,792,128.28 in Q1 2019[70] - The company's gross profit margin for Q1 2020 was approximately 3.2%, compared to 0.4% in the previous year, indicating an improvement in profitability despite lower revenues[70] - The total profit for the current period is 21,781,540.41, up from 16,841,837.68 in the previous period, indicating a growth of approximately 29%[78] Cash Flow - The net cash flow from operating activities was ¥121,566,462.57, down 54.24% from ¥265,656,907.94 in the same period last year[9] - Cash flow from operating activities generated a net amount of 121,566,462.57, down from 265,656,907.94 in the previous period, a decrease of approximately 54%[81] - The company reported a decrease in cash flow from investing activities, with a net cash outflow of -40,660,275.69 compared to -12,693,904.54 in the previous period[84] - The net cash flow from investing activities was -39,719,028.50, compared to 1,757,076.36 in the previous period, indicating a significant decrease in cash generated from investments[91] - The company reported a net increase in cash and cash equivalents of -¥162,371,173.19, a decrease of 39.14%, influenced by operating, investing, and financing activities[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,811,994,645.87, reflecting a growth of 2.11% from ¥4,712,777,270.39 at the end of the previous year[9] - Total liabilities as of March 31, 2020, were approximately CNY 2.13 billion, up from CNY 2.04 billion, indicating an increase of about 4.5%[52] - The total equity attributable to shareholders of the parent company increased to approximately CNY 2.71 billion from CNY 2.70 billion, reflecting a growth of about 0.6%[55] - The total liabilities of the company as of the end of Q1 2020 were CNY 1,443,535,649.37, slightly up from CNY 1,434,868,800.76[62] Shareholder Information - The top shareholder, Geely Technology Group Co., Ltd., holds 29.77% of the shares, with a total of 135,000,000 shares pledged[14] Research and Development - Research and development expenses increased by ¥11,948,713.47, a rise of 51.27%, due to investments in new product molds during the reporting period[24] - Research and development expenses increased to CNY 35,255,582.00, up from CNY 23,306,868.53, representing a growth of about 51.4% year-over-year[67] Financial Management - Financial expenses decreased by ¥40,960,693.38, a reduction of 175.57%, due to increased interest income from time deposits and foreign exchange gains from subsidiaries[24] - The company reported a financial expense of CNY -17,630,237.19, a significant decrease from CNY 23,330,456.19 in the previous year, indicating improved financial management[67] Other Financial Metrics - The weighted average return on net assets was 0.58%, slightly up from 0.56% in the previous year[9] - The company reported a non-operating income of ¥6,525,838.65 during the reporting period[9] - The company experienced a significant decline in investment income, down by ¥18,653,677.20, a decrease of 287.42%, due to losses from equity investments[24] - The company reported a 64.66% increase in income tax expenses, amounting to an increase of ¥6,807,987.15, due to higher current income tax obligations[24] Current Assets - As of March 31, 2020, the total current assets amounted to approximately CNY 3.25 billion, an increase from CNY 3.16 billion as of December 31, 2019, representing a growth of about 2.6%[46] - Cash and cash equivalents increased to approximately CNY 1.54 billion from CNY 1.23 billion, reflecting a growth of about 25.4%[46] - Accounts receivable decreased to approximately CNY 453.46 million from CNY 657.47 million, a decline of about 30.9%[46] - Inventory increased slightly to approximately CNY 878.12 million from CNY 865.90 million, showing a growth of about 1.3%[46] Employee Compensation - The company reported a decrease in employee compensation payable to approximately CNY 47.72 million from CNY 73.73 million, a reduction of about 35.3%[52] Accounting Practices - The company did not apply new revenue and lease standards for the first quarter of 2020, indicating stability in accounting practices[92] - The first quarter report was not audited, which may affect the reliability of the financial data presented[94]

Financial Performance - The company's operating revenue for 2019 was CNY 3,784,597,110.45, representing a 22.54% increase compared to CNY 3,088,519,362.52 in 2018[24]. - The net profit attributable to shareholders of the listed company reached ¥227,961,079.28, an increase of 259.80% compared to the previous period[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥98,624,297.05, reflecting a growth of 172.43%[26]. - Basic and diluted earnings per share were both ¥0.50, up 257.14% from ¥0.14[26]. - The weighted average return on equity increased to 8.82%, compared to 2.56% in the previous year[26]. - Total assets amounted to ¥4,712,777,270.39, representing a year-on-year increase of 7.93%[26]. - The net assets attributable to shareholders of the listed company were ¥2,698,256,416.16, an increase of 8.69% from the previous year[26]. - The company reported a significant increase in non-recurring gains, totaling ¥129,336,782.23, compared to ¥27,155,832.21 in the previous year[34]. - The company achieved a revenue of CNY 3.78 billion in 2019, representing a year-on-year growth of 22.54%[57]. - Net profit attributable to shareholders reached CNY 228 million, a significant increase of 259.8% compared to the previous year[57]. Sales and Market Performance - Motorcycle sales reached 442,800 units, marking a year-on-year growth of 6.63%[47]. - Domestic motorcycle sales were approximately 239,400 units, up by about 11.91% year-on-year, driven by the popularity of large-displacement models[47]. - International sales totaled approximately 203,500 units, with a year-on-year increase of 1.02%, and large-displacement exports grew by 4%[49]. - The revenue from two-wheeled motorcycles accounted for 83.41% of total revenue, with a year-on-year growth of 24.89%[58]. - Domestic revenue constituted 64.16% of total revenue, showing a substantial increase of 44.20% year-on-year[58]. - The company improved its channel coverage rate to 90% in non-restricted areas, enhancing overall channel quality[48]. - The company participated in over 90 major exhibitions globally, significantly increasing the Benelli brand's exposure[49]. Research and Development - The company applied for 67 patents in 2019, including 10 invention patents, enhancing its technological capabilities[52]. - Research and development expenses rose to ¥154,270,574.31, marking a year-on-year increase of 29.04% due to higher material consumption and personnel costs for new product development[73]. - The number of R&D personnel increased to 308, representing a growth of 21.26% from 254 in the previous year[74]. - The proportion of R&D investment to operating revenue rose to 4.08% in 2019, up from 3.87% in 2018, indicating a strategic focus on innovation[77]. Cash Flow and Investments - The net cash flow from operating activities was ¥333,065,637.80, a significant turnaround from a negative cash flow of -¥54,467,390.56 in the previous period[26]. - Operating cash inflow totaled ¥3,827,789,987.29, reflecting a year-on-year increase of 26.95% driven by a rise in cash received from sales[78]. - The net increase in cash and cash equivalents was ¥973,373,484.17, a substantial rise of 387.11% compared to the previous year[78]. - Investment cash outflow decreased by 69.03% to ¥240,282,441.95, primarily due to reduced expenditures on financial products[78]. - Financing cash inflow increased by 85.48% to ¥828,110,361.09, largely attributed to an increase in bill discounting by ¥394 million[78]. Shareholder Information - The total share capital of the company is 453,536,000 shares, with the largest shareholder holding 47.96% of the shares[6]. - The company has 15,810 ordinary shareholders as of the report date[197]. - The top shareholder, Geely Technology Group Co., Ltd., holds 29.77% of the shares, with a total of 135,000,000 shares[197]. - The company reported no significant changes in its shareholder structure or asset and liability structure during the reporting period[196]. Risk Management - The company has identified potential risks and formulated countermeasures for its future development in its annual report[6]. - The company has faced macroeconomic risks, including a slowdown in global economic growth and declining consumer spending, which may impact market expansion and product sales[125]. - The company will enhance its risk control system to ensure healthy and orderly development amid potential geopolitical risks affecting export policies[125]. - The company will strengthen its foreign exchange risk management to stabilize export operations and minimize foreign exchange losses[125]. Corporate Governance - The profit distribution plan approved by the board is a cash dividend of CNY 4.4 per 10 shares (including tax), with no bonus shares issued[6]. - The company has a clear profit distribution policy that complies with its articles of association, ensuring the protection of minority shareholders' rights[131]. - The company has not proposed any stock dividend distribution or capital reserve transfer in the past three years[135]. - The company has not engaged in any research, communication, or interview activities during the reporting period[126]. Strategic Focus - The company is focusing on expanding its high-end traditional motorcycle industry and exploring electric vehicle sectors through collaborations with well-known brands like Harley-Davidson[39]. - The company aims to expand its market presence and enhance cash flow by disposing of idle assets, as evidenced by the recent property sale[102]. - The company is actively involved in the development of lithium batteries and related technologies through its subsidiary, Zhejiang Qianjiang Lithium Battery Technology Co., which reported a net loss of 105.79 million yuan[109]. - The company is exploring new technologies and products in the electric vehicle sector, reflecting its commitment to innovation and market expansion[112]. Legal Matters - Zhejiang Qianjiang Motorcycle Co., Ltd. reported a lawsuit involving its subsidiary Zhejiang Qianjiang Lithium Battery Technology Co., Ltd. against Yantai Shuchi Bus Co., Ltd. for unpaid debts amounting to ¥199,837.7[152]. - The counterclaim from Yantai Shuchi Bus Co., Ltd. against Zhejiang Qianjiang Lithium Battery Technology Co., Ltd. involves a sales contract dispute with an amount of ¥72,841.5, which is currently ongoing[152].

关于举行投资者接待日活动的公告 证券代码：000913 证券简称：钱江摩托 公告编号：2020 临-024 浙江钱江摩托股份有限公司 关于举行投资者接待日活动的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 为进一步提高公司治理水平，加强投资者关系管理，增进公司与 广大投资者的沟通与交流，体现公司进一步服务投资者、回报投资者 的责任心，公司定于 2020 年 5 月 20 日下午举行投资者接待日活动。 现将有关事项公告如下： 1、活动时间：2020 年 5 月 20 日下午 15:00—16:00 2、活动地点：公司会议室 3、召开方式：现场召开 4、参加人员：公司董事长、总经理、董事会秘书、财务总监。 届时将针对经营情况、公司治理、下一步可持续发展等投资者关 心的问题与广大投资者进行现场交流和沟通，同时广泛听取投资者的 意见和建议。 为了更好的安排本次活动，请有意参与本次活动的投资者提前与 公司证券部工作人员预约，预约时间：2020 年 5 月 15 日上午 9 时至 11 时，下午 13 时至 16 时，预约电话：0576-86192111。 为了提高 ...

浙江钱江摩托股份有限公司 2019 年第三季度报告全文 浙江钱江摩托股份有限公司 2019 年第三季度报告 2019 年 10 月 1 浙江钱江摩托股份有限公司 2019 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人余瑾、主管会计工作负责人江传敏及会计机构负责人(会计主管 人员)茅海敏声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江钱江摩托股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |-----------------------------------------------------|-------------------------------|-------------------------|------------------|-- ...

关于参加浙江辖区上市公司投资者网上集体接待日活动的公告 证券代码：000913 证券简称：钱江摩托 公告编号：2019 临-038 浙江钱江摩托股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 为了进一步加强与投资者特别是中小投资者的沟通交流，浙江钱江 摩托股份有限公司（以下简称"公司"）将参加由中国证券监督管理委 员会浙江证监局、台州市人民政府金融工作办公室、浙江省上市公司协 会、深圳市全景网络有限公司（以下简称"全景网"）共同举办的 "'沟通促发展 理性共成长'辖区上市公司投资者网上集体接待日主题 活动"。现将有关事项公告如下： 本次投资者网上集体接待日活动将通过全景网互动平台采取网络远 程的方式举行，投资者可以登录投资者关系互动平台 （http://rs.p5w.net）参与互动交流，活动时间为 2019 年 11 月 5 日 （星期二）下午 15:30-17:00。 届时公司董事长余瑾先生、财务总监江传敏先生、董事会秘书王海 斌先生将通过网络在线形式与投资者就公司治理、发展战略、经营状 ...

Financial Performance - The company's operating revenue for the first half of 2019 was ¥1,890,586,802.23, a decrease of 1.05% compared to ¥1,910,554,919.06 in the same period last year[23]. - Net profit attributable to shareholders was ¥88,294,981.72, representing a 31.03% increase from ¥67,386,810.45 in the previous year[23]. - The net cash flow from operating activities increased by 141.97%, reaching ¥248,266,003.38 compared to ¥102,600,362.18 in the same period last year[23]. - Basic earnings per share rose to ¥0.19, up 26.67% from ¥0.15 in the previous year[23]. - The company achieved operating revenue of RMB 1.89 billion, a year-on-year decrease of 1.05%, with domestic sales revenue increasing by 10.01% to RMB 1.27 billion, while export revenue decreased by 17.77% to RMB 625 million[40]. - The net profit attributable to shareholders increased by 31.03% to RMB 88.30 million, and the net profit after deducting non-recurring gains and losses rose by 25.29% to RMB 73.54 million[40]. - The company reported a loss of ¥3,785,296.78 from fair value changes, a decrease of 3.23%, primarily due to changes in the fair value of financial trading assets[49]. - The company anticipates a significant decline in net profit for the year-to-date period compared to the same period last year due to multiple risks including weak demand and intensified competition in the motorcycle industry[76]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,376,874,351.18, a slight increase of 0.24% from ¥4,366,427,556.28 at the end of the previous year[23]. - The net assets attributable to shareholders increased by 4.09%, amounting to ¥2,584,221,490.91 compared to ¥2,482,576,328.85 at the end of the previous year[23]. - Accounts receivable decreased to ¥555,194,749.01, accounting for 12.68% of total assets, down from 21.10% last year, mainly due to the collection of previous new energy vehicle payments[50]. - Total liabilities decreased to ¥1,780,295,528.72 from ¥1,850,170,430.07, showing a reduction of about 3.8%[156]. - The company's total equity increased to ¥2,596,578,822.46 from ¥2,516,257,126.21, marking an increase of approximately 3.2%[156]. Cash Flow - The net cash flow from operating activities was ¥81,387,854.05, a significant improvement from a net outflow of ¥81,430,247.33 in the same period last year[190]. - Total cash inflow from operating activities reached ¥1,783,147,264.76, compared to ¥1,285,006,676.50 in the previous year, indicating a year-over-year increase of approximately 39%[190]. - Cash outflow for operating activities totaled ¥1,701,759,410.71, up from ¥1,366,436,923.83, reflecting a 25% increase[190]. - The net cash flow from investing activities was ¥201,709,132.59, a turnaround from a negative cash flow of ¥197,823,729.46 in the previous year[189]. - The total cash and cash equivalents at the end of the period reached ¥718,019,477.94, up from ¥529,902,758.60, representing a 35% increase[189]. Investments and R&D - The company's R&D investment rose by 13.89% to RMB 61.65 million, driven by increased investment in new product molds and R&D personnel salaries[41]. - The total investment amount for the reporting period was ¥7,927,925.29, a decrease of 81.55% compared to ¥42,980,872.63 in the same period last year[61]. - The company has invested ¥7,927,925.29 in the self-built lithium-ion power and energy storage battery project, with a cumulative actual investment of ¥82,188,763.38[61]. - Research and development expenses for the first half of 2019 were CNY 61,653,396.77, an increase from CNY 54,134,067.71 in the same period last year[167]. Market and Competition - The company faces macroeconomic risks, including a slowdown in economic growth and potential impacts from industry policies, which may lead to increased competition and demand weakness[76]. - The company is exposed to exchange rate risks as its foreign sales market share increases, which could affect its financial performance[76]. - Fluctuations in raw material prices directly impact the company's operating costs, thereby affecting its overall performance[76]. - The company plans to enhance its focus on foreign exchange market trends to mitigate the impact of exchange rate fluctuations on its results[76]. - The company plans to launch electric bicycles and electric motorcycles in response to market demand[34]. Shareholder Information - The largest shareholder, Geely Technology Group Co., Ltd., holds 29.77% of the shares, amounting to 135,000,000 shares[126]. - The company underwent a change in its controlling shareholder to Geely Technology Group Co., Ltd. on June 27, 2019[130]. - As of June 30, 2019, the accounts receivable from Venezuela amounted to 33,352,508.72 USD (approximately 229,288,491.70 CNY), with a provision for bad debts of 33,185,720.72 USD (approximately 228,141,874.24 CNY)[112]. Compliance and Governance - The company has no significant litigation or arbitration matters reported during the period[86]. - The company did not engage in any major related party transactions during the reporting period[89]. - The company has established a wastewater treatment station with a processing capacity of 15 tons per hour, ensuring compliance with discharge standards[110]. - The company has no violations regarding external guarantees during the reporting period[104].

浙江钱江摩托股份有限公司 2019 年第一季度报告全文 浙江钱江摩托股份有限公司 2019 年第一季度报告 2019 年 04 月 1 浙江钱江摩托股份有限公司 2019 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人余瑾、主管会计工作负责人江传敏及会计机构负责人(会计主管 人员)茅海敏声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江钱江摩托股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | □ 是 √ 否 | 本报告期 | ...

Financial Performance - The company's operating revenue for 2018 was ¥3,088,519,362.52, representing a 13.72% increase compared to ¥2,715,806,355.59 in 2017[24] - The net profit attributable to shareholders for 2018 was ¥63,357,883.08, a decrease of 23.43% from ¥82,743,691.24 in 2017[24] - The net profit after deducting non-recurring gains and losses was ¥36,202,050.87, down 43.55% from ¥64,132,803.98 in 2017[24] - The basic earnings per share for 2018 was ¥0.14, a decline of 22.22% from ¥0.18 in 2017[27] - The total revenue for 2018 reached ¥3,088,519,362.52, representing a year-on-year increase of 13.72% compared to ¥2,715,806,355.59 in 2017[65] - The company reported a total revenue of 1,156,784,534.22 CNY, with a year-on-year increase of 5.92%[119] Assets and Liabilities - The total assets at the end of 2018 were ¥4,366,427,556.28, an increase of 11.44% from ¥3,918,361,023.17 at the end of 2017[27] - The net assets attributable to shareholders at the end of 2018 were ¥2,482,576,328.85, a slight increase of 0.75% from ¥2,464,004,220.00 at the end of 2017[27] - Total liabilities increased to ¥1,272,744,211.19, a 29.15% rise driven by increased inventory purchases in the new energy sector[97] - The company reported a significant increase in tax payable, reaching ¥106,740,740.01, up 2.44% due to higher sales volumes[97] Cash Flow - The net cash flow from operating activities for 2018 was negative at ¥54,467,390.56, a significant decrease of 142.99% compared to ¥126,688,699.28 in 2017[24] - The company’s cash flow from operating activities showed a significant negative value of -155.60 million yuan in Q4 2018, indicating cash flow challenges[30] - Operating cash inflow rose by 19.88% to ¥3,015,292,581.92, primarily due to increased cash receipts from sales and export tax refunds[87] - Operating cash outflow increased by 28.52% to ¥3,069,759,972.48, mainly due to higher cash payments for purchased goods driven by increased production[88] Sales and Market Performance - The company sold 415,300 motorcycles in 2018, a growth of 3.74% year-on-year, with domestic sales of 213,900 units and international sales of 201,400 units, which increased by 13.37%[46] - The company’s international sales in the European market grew by 25.51% in 2018, marking a successful start to its "return to Europe" strategy[47] - The sales of large-displacement motorcycles (250cc and above) increased by approximately 25% in 2018, with nearly 40,000 units exported[47] - Domestic sales of motorcycles remained stable at 213,900 units, with large displacement models (over 250CC) increasing by approximately 10.71% to 21,200 units, and government vehicle sales surged by 149% to over 5,000 units[49] Research and Development - The company established new R&D centers in Europe and Southeast Asia, enhancing its product development capabilities, and completed the qualification review for electric motorcycles[56] - Research and development expenses rose by 41.62% to approximately $11.96 million, driven by increased investment in new product development[81] - R&D investment increased by 36.28% to ¥119,555,274.77 in 2018, with R&D personnel rising by 13.39% to 254[83] Subsidiaries and Investments - The subsidiary Zhejiang Meikeda Motorcycle Co., Ltd. generated a net profit of 82,240,926.76 yuan, contributing significantly to the company's overall profitability[116] - The subsidiary Zhejiang Yipeng Engine Parts Co., Ltd. reported a net profit of 73,565,331.77 yuan, further enhancing the company's financial performance[116] - The total assets of Zhejiang Meikeda Motorcycle Co., Ltd. amounted to 1,375,963,725.64 yuan[116] - The total assets of Zhejiang Yipeng Engine Parts Co., Ltd. were recorded at 1,083,667,662.28 yuan[116] Strategic Plans and Future Outlook - The company aims to achieve a sales target of 1 million units and 10 billion CNY in revenue over the next five years under the "Qianjiang 511 Strategy"[127] - The company plans to enhance its product structure by increasing the proportion of large-displacement models and developing electric vehicle categories[127] - The company is focusing on expanding its market presence in Southeast Asia and Africa while stabilizing its position in Europe[126] - The company is investing in advanced automated production lines to improve production capacity and quality control for large-displacement engines[127] Risks and Challenges - The company faces macroeconomic risks due to global economic slowdown and declining consumer spending, which may pressure market expansion and product sales[129] - Approximately half of the company's business relies on exports, making it vulnerable to changes in trade policies and geopolitical risks[129] - Rising raw material and labor costs significantly impact the company's operating performance, prompting a focus on lean production and automation to mitigate cost risks[129] Corporate Governance and Compliance - The company has not engaged in any major asset or equity sales during the reporting period[115] - The company did not utilize any raised funds during the reporting period[114] - The company has no penalties or rectifications during the reporting period[159] - The company has not implemented any employee incentive plans during the reporting period[161]

关于举行投资者接待日活动的公告 证券代码：000913 证券简称：钱江摩托 公告编号：2019 临-018 浙江钱江摩托股份有限公司 关于举行投资者接待日活动的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 为进一步提高公司治理水平，加强投资者关系管理，增进公司与 广大投资者的沟通与交流，体现公司进一步服务投资者、回报投资者 的责任心，公司定于 2019 年 5 月 17 日下午举行投资者接待日活动。 现将有关事项公告如下： 1、活动时间：2019 年 5 月 17 日下午 15:00—16:00 2、活动地点：公司会议室 3、召开方式：现场召开 4、参加人员：公司董事长、总经理、董事会秘书、财务总监。 届时将针对经营情况、公司治理、下一步可持续发展等投资者关 心的问题与广大投资者进行现场交流和沟通，同时广泛听取投资者的 意见和建议。 为了更好的安排本次活动，请有意参与本次活动的投资者提前与 公司证券部工作人员预约，预约时间：2019 年 5 月 14 日上午 9 时至 11 时，下午 14 时至 17 时，预约电话：0576-86192111。 为了提高 ...