Financial Performance - The company's operating revenue for 2022 was ¥702,379,768.36, a decrease of 20.79% compared to ¥886,682,307.12 in 2021[20]. - The net profit attributable to shareholders for 2022 was ¥58,834,540.89, down 31.79% from ¥86,255,151.92 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥45,278,148.22, a decline of 43.46% from ¥80,086,408.99 in 2021[20]. - The basic earnings per share for 2022 was ¥0.90, representing a decrease of 41.56% compared to ¥1.54 in 2021[20]. - The revenue from the engineering machinery sector accounted for 99.99% of total revenue, amounting to ¥702,288,025.24, which represents a 20.78% decline year-over-year[51]. - The gross profit margin for the engineering machinery sector was 16.30%, down from the previous year's 19.12%, reflecting a decrease of 15.62%[52]. - The company reported a total revenue of 54.32 million in the fiscal year 2022[103]. Assets and Liabilities - Total assets at the end of 2022 reached ¥1,104,069,940.08, an increase of 62.43% from ¥679,711,947.44 at the end of 2021[20]. - The net assets attributable to shareholders increased by 124.18% to ¥759,778,544.25 at the end of 2022, up from ¥338,921,254.56 in 2021[20]. - The company’s total cash and cash equivalents increased by ¥211,760,503.24, compared to a decrease of -¥14,146,069.25 in the previous year[62]. - The company’s fixed assets increased to 122,693,337.55 CNY, representing 11.11% of total assets, reflecting ongoing investments in infrastructure[69]. - The proportion of accounts receivable decreased by 3.61% to 287,904,114.96 CNY, indicating improved cash flow management[69]. Cash Flow - The net cash flow from operating activities improved to -¥110,456,219.69, a 54.54% increase compared to -¥242,987,967.78 in 2021[20]. - The company reported negative cash flow from operating activities of CNY -16.80 million in Q1, CNY -9.42 million in Q2, CNY -51.87 million in Q3, and CNY -32.37 million in Q4[25]. - Investment activities generated a net cash flow of -¥169,661,951.52, a 208.40% increase from -¥55,012,869.16 in the previous year[62]. - Financing activities produced a net cash flow of ¥491,613,288.77, reflecting a 73.14% increase from ¥283,936,501.07 in the previous year[63]. Research and Development - The company holds 57 authorized patents, including 2 invention patents, demonstrating strong product research and development capabilities[45]. - The company is focused on continuous R&D investment to enhance production efficiency and reduce costs, which is critical for maintaining competitive advantage in the engineering machinery parts sector[47]. - Research and development expenses decreased by 20.01% to ¥27,623,316.87 compared to ¥34,531,692.19 in the previous year[59]. - The company’s R&D personnel increased by 10.71% to 62, with the proportion of R&D staff rising to 11.59%[59]. Market Position and Strategy - The company aims to enhance its innovation capabilities and quality, with a target for the excavator industry to have 2-3 companies enter the global top ten by 2025[33]. - The company specializes in engineering machinery components, with a focus on high-quality manufacturing processes and a strong competitive edge in production capacity[34]. - The company has established itself as a core supplier and strategic partner for well-known domestic and international engineering machinery manufacturers[35]. - The company is committed to increasing its penetration in existing customer product lines while gradually exploring new clients[46]. - The company aims for a year-on-year revenue growth in 2023, focusing on enhancing product quality and reducing costs[90]. Governance and Compliance - The company has established a governance structure that includes a board of directors, supervisory board, and management team to ensure compliance and operational efficiency[94]. - The company has conducted 6 shareholder meetings and 9 board meetings during the reporting period, ensuring adherence to legal and regulatory requirements[98]. - The company maintains independence from its controlling shareholders in terms of business, assets, personnel, organization, and finance[99]. - The company has a robust governance structure with independent directors actively participating in board meetings[118]. Employee and Management - The total number of employees at the end of the reporting period is 733, with 574 in the parent company and 159 in major subsidiaries[128]. - The company has implemented a competitive compensation system, ensuring internal fairness and external competitiveness, linking employee interests with company performance[130]. - A systematic annual training plan has been established to enhance employee skills, focusing on both theoretical and practical training methods[131]. - The total annual remuneration for the current directors, supervisors, and senior management was 2.4407 million yuan (pre-tax) as of December 31, 2022[113]. Risks and Challenges - The company faces significant risks in its operations, which are detailed in the management discussion and analysis section of the report[3]. - The company faces risks related to macroeconomic policies that could impact downstream customer demand[91]. - Fluctuations in raw material prices, especially steel, could pose challenges to the company's production and operational costs[91]. Social Responsibility and Environmental Compliance - The company actively engaged in social responsibility initiatives, including donations to local communities and support for sanitation workers[146]. - The company adheres to environmental regulations and has not faced any administrative penalties related to environmental issues during the reporting period[143]. - The company has implemented measures to protect employee rights and enhance workplace safety and health[144].

Financial Performance - The company's revenue for Q3 2022 was ¥177,582,836.89, a decrease of 40.48% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥4,475,777.41, down 76.75% year-on-year[4]. - The basic earnings per share decreased by 80.16% to ¥0.06[4]. - Total operating revenue for the current period is ¥529,176,618.61, a decrease of 18.6% compared to ¥649,928,534.00 in the previous period[17]. - Net profit for the current period is ¥47,789,442.45, down 23.7% from ¥62,567,044.69 in the previous period[19]. - Basic and diluted earnings per share decreased to ¥0.77 from ¥1.12, representing a decline of 30.4%[19]. Assets and Liabilities - Total assets increased by 49.65% to ¥1,017,164,193.84 compared to the end of the previous year[4]. - Total current assets increased to ¥806,072,442.84 from ¥528,892,781.44, representing a 52.5% increase year-over-year[14]. - Total assets reached ¥1,017,164,193.84, up from ¥679,711,947.44, indicating a growth of 49.9%[15]. - Total liabilities decreased to ¥268,430,748.03 from ¥340,790,692.88, a reduction of 21.2%[16]. - The company's equity attributable to shareholders increased to ¥748,733,445.81 from ¥338,921,254.56, a growth of 120.9%[16]. Cash Flow - The net cash flow from operating activities was -¥78,085,616.70, an improvement of 61.47% compared to the previous period[9]. - Cash flow from operating activities showed a net outflow of ¥78,085,616.70, an improvement from a net outflow of ¥202,686,435.66 in the previous period[20]. - Cash flow from investing activities resulted in a net outflow of ¥329,143,550.52, worsening from a net outflow of ¥16,288,718.81 in the previous period[21]. - Cash flow from financing activities generated a net inflow of ¥447,029,096.79, an increase from ¥205,903,600.25 in the previous period[21]. - The total cash and cash equivalents at the end of the period increased to ¥50,616,929.31 from ¥7,152,760.39, showing a significant improvement[21]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,454[11]. - The largest shareholder, Xu Yangshun, holds 55.97% of shares, totaling 41,788,377 shares[11]. - The company reported a total of 0 preferred shareholders at the end of the reporting period[13]. Other Financial Metrics - The company received government subsidies amounting to ¥10,281,092.98 year-to-date, contributing to other income growth of 59.59%[8]. - Other income increased to ¥10,378,666.54 from ¥6,503,210.61, marking a rise of 59.5%[17]. - Research and development expenses decreased to ¥22,915,155.81 from ¥24,963,332.95, a reduction of 8.2%[17]. - The company experienced a 1920.68% increase in cash outflow from investing activities, totaling -¥329,143,550.52, primarily due to the purchase of structured deposits[9]. - Inventory decreased to ¥82,310,140.52 from ¥93,167,504.94, a decline of 11.5%[15]. - Short-term borrowings decreased significantly to ¥42,359,624.09 from ¥113,040,543.30, a reduction of 62.5%[15]. Audit Status - The third quarter report of Anhui Tuoshan Heavy Industry Co., Ltd. is unaudited[22].

证券代码：001226 证券简称：拓山重工 公告编号：2022-024 安徽拓山重工股份有限公司 关于参加安徽辖区上市公司 2022 年投资者 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。 为进一步加强与投资者的互动交流，安徽拓山重工股份有限公司（以下简称 "公司"）将参加由安徽证监局指导、安徽上市公司协会与深圳市全景网络有限 公司联合举办的"2022 年安徽辖区上市公司投资者集体接待日活动"，现将相 关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2022 年 9 月 7 日（周三） 16：00-17：30。届 时公司高管将在线就公司 2022 半年度报告中的公司业绩、公司治理、发展战略、 经营状况和可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广 大投资者踊跃参与！ 特此公告！ 安徽拓山重工股份有限公司 董事会 二〇二二年九月三日 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥351,593,781.72, a decrease of 23.61% compared to ¥460,255,933.82 in the same period last year[22]. - The net profit attributable to shareholders was ¥43,313,665.04, down 2.05% from ¥44,221,858.49 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was ¥35,251,091.07, representing a decline of 15.37% compared to ¥41,651,641.61 in the previous year[22]. - The basic earnings per share were ¥0.77, down 2.53% from ¥0.79 in the same period last year[22]. - The weighted average return on equity was 12.01%, a decrease of 4.17% from 16.18% in the previous year[22]. - The company achieved operating revenue of 351.59 million yuan and a net profit attributable to shareholders of 43.31 million yuan during the reporting period[32]. - The company's revenue for the first half of 2022 was ¥351,593,781.72, a decrease of 23.61% compared to ¥460,255,933.82 in the same period last year, primarily due to reduced demand in the construction machinery sector and the impact of recurring COVID-19 outbreaks[56]. - The company's operating costs decreased by 23.44% to ¥284,737,258.53 from ¥371,921,948.43, reflecting the reduction in sales volume[56]. - The company reported a total of RMB 76.71 million in restricted assets, including RMB 39.39 million in cash and RMB 22.04 million in fixed assets due to collateralized loans[69]. - The total comprehensive income for the current period is CNY 313.66 million, showing a significant increase compared to the previous period[182]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching -¥26,220,248.33, an 81.76% increase from -¥143,769,396.24 in the same period last year[22]. - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥426,034,222.67, a 2,916.95% rise compared to a decrease of ¥15,123,938.08 in the previous year, mainly due to new fundraising[56]. - The company reported a significant increase in cash and cash equivalents, reaching ¥475,374,980.41, which is 46.02% of total assets, up from 9.10% the previous year[65]. - The net cash flow from operating activities for the first half of 2022 was -26,220,248.33 CNY, an improvement from -143,769,396.24 CNY in the same period of 2021[175]. - The ending balance of cash and cash equivalents reached 435,981,065.42 CNY at the end of the first half of 2022, compared to 8,968,973.92 CNY at the end of the first half of 2021[177]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,033,067,569.15, reflecting a 51.99% increase from ¥679,711,947.44 at the end of the previous year[22]. - The total liabilities decreased significantly, with short-term borrowings dropping by 13.66% to ¥30,711,010.42[65]. - The company's total liabilities decreased to CNY 248,788,549.55 from CNY 340,790,692.88, a reduction of 27.0%[162]. - Owner's equity increased significantly to CNY 784,279,019.60 from CNY 338,921,254.56, marking a growth of 131.5%[162]. Research and Development - Research and development investment was ¥15,693,663.74, down 18.89% from ¥19,348,579.55, indicating a focus on cost management amid declining revenues[56]. - The company is engaged in the research and development of new products and technologies, enhancing its competitive edge in the engineering machinery sector[32]. - The company holds 53 patents, showcasing its strong research and development capabilities and commitment to innovation in the forging industry[47]. - The company has a strong focus on R&D, aiming to develop new products and improve product structure to enhance core competitiveness in the engineering machinery sector[88]. Market Position and Strategy - The company has established itself as a core supplier and strategic partner for major domestic and international engineering machinery manufacturers, including SANY Heavy Industry and XCMG Group[32]. - The company focuses on large customer markets and continuously optimizes its customer and product structure, adhering to the principle of "quality first, customer foremost"[32]. - The company has a strong customer base, including major players in the construction machinery industry, which contributes to its competitive positioning and market stability[51]. - The company plans to expand production capacity and optimize product structure to reduce unit production costs and improve competitiveness[89]. Environmental and Social Responsibility - The company emphasizes green forging and environmental protection, aiming to reduce processes, consumption, and emissions through modern digital technologies[44]. - The company has established a comprehensive environmental protection management system and complies with national and local environmental regulations[100]. - The company has successfully managed its wastewater and waste gas treatment facilities, ensuring no exceedance of emission standards during the reporting period[107]. - The company has implemented effective measures for noise pollution control, including reasonable layout of the factory area and the use of low-noise equipment[107]. Risks and Challenges - The company faces risks related to macroeconomic fluctuations, which could adversely affect its revenue and performance due to its reliance on the engineering machinery industry[82]. - There is a risk of declining product gross margins due to increased industry competition, price fluctuations, and rising raw material costs[83]. - The company is exposed to risks from fluctuations in the prices of key raw materials such as carbon steel and alloy steel, which can impact production costs[85]. - The competitive landscape in the industry is intense, with increasing demands for product quality, delivery timeliness, and technical services from customers[86]. Shareholder Information - The company plans to distribute a cash dividend of ¥5.36 per 10 shares, based on a total of 74,666,700 shares[4]. - The total number of shares held by shareholders at the end of the reporting period was 74,666,700, with 100% of the shares being accounted for[140]. - The company’s major shareholders include Xu Yangshun with 41,788,377 shares and Xu Jianfeng with 8,354,418 shares, both subject to a lock-up period until June 22, 2025[141]. - The issuance price for the initial public offering was set at 24.66 RMB per share[143].