重庆宗申动力机械股份有限公司 重大信息内部报告制度 （2023 年 8 月修订） 第一章 总则 第一条 为规范重庆宗申动力机械股份有限公司（以下简称"公 司"）的重大信息内部报告工作，保证公司内部重大信息的快速传递、 归集和有效管理，及时、准确、全面、完整地披露信息，维护投资 者的合法权益，根据《中华人民共和国公司法》《中华人民共和国证 券法》《深圳证券交易所股票上市规则》等法律法规、规范性文件及 《公司章程》《公司信息披露管理制度》的要求，结合本公司的实际 情况，制定本制度。 第二条 本制度适用于公司董事、监事、高级管理人员及总部各 部室、各子公司（指公司直接或间接控股比例超过 50%的子公司或 对其具有实际控制权的子公司）。 第二章 重大信息的内容 第三条 公司重大信息包括但不限于以下内容： （一）拟提交公司董事会审议的事项； （二）拟提交公司监事会审议的事项； （三）发生或拟发生以下重大交易事项，包括但不限于：购买 或出售资产；对外投资（含委托理财、对子公司投资等）；提供财务 资助（含委托贷款等）；提供担保（含对控股子公司担保等）；租入 或租出资产；委托或者受托管理资产和业务；赠与或受赠资产；债 权或债 ...

证券代码：001696 证券简称：宗申动力 公告编号：2023-57 重庆宗申动力机械股份有限公司 关于召开 2023 年第二次临时股东大会通知 一、召开会议的基本情况 1．股东大会届次：2023 年第二次临时股东大会 2．股东大会的召集人：重庆宗申动力机械股份有限公司（简称"公司"）董 事会。公司于 2023 年 8 月 29 日以现场和通讯表决相结合的方式召开第十一届董 事会第十一次会议，审议通过了《关于召开 2023 年第二次临时股东大会的议案》， 同意召开本次股东大会，对相关事项进行审议。 3．会议召开的合法、合规性：本次股东大会召开符合有关法律、行政法规、 部门规章、规范性文件和《公司章程》的规定。 4．会议召开的日期、时间： （1）现场会议召开日期、时间：2023 年 9 月 14 日（星期四）下午 14:30。 （2）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的时间为 2023 年 9 月 14 日上午 9:15-9:25,9:30-11:30，下午 13:00-15:00； 通过深圳证券交易所互联网投票系统投票的开始时间（2023 年 9 月 14 日上 午 9:15）至投票结束时 ...

证券代码：001696 证券简称：宗申动力 重庆宗申动力机械股份有限公司投资者关系活动记录表 重要提示：凡涉及公司未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承 诺，敬请投资者注意投资风险。 编号：2023-01 | 时间 | 2023 28 日 | 年 | 4 | 月 | | --- | --- | --- | --- | --- | | 地点 | 通过"全景网"线上直播 | | | | | 投资者关系活动类 | □特定对象调研 □分析师会议 | | | | | | □媒体采访  业绩说明会 | | | | | | □新闻发布会 □路演活动 | | | | | | □现场参观 | | | | | 别 | □其他 （请文字说明其他活动内容） | | | | | | 为加强投资者关系管理，便于广大投资者更深入、全面 | | | | | | 了解公司 2022 年年度报告和经营情况，公司定于 2023 | | | | | | 年 4 日（星期五）在全景网召开 2022 年度业绩说 | 月 | 28 | | | | 明会。本次业绩说明会采用网络远程方式召开。 | | | | | 上市公司接待人员 | 公 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥2,100,536,049.01, a decrease of 7.16% compared to ¥2,262,418,192.18 in the same period last year[4] - Net profit attributable to shareholders was ¥111,306,756.73, representing an increase of 5.59% from ¥105,417,692.82 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥105,942,607.69, up 27.79% from ¥82,906,554.22 in the previous year[4] - Total operating revenue for Q1 2023 was CNY 2,139,116,840.56, a decrease of 6.9% compared to CNY 2,297,447,282.39 in Q1 2022[25] - Net profit for Q1 2023 reached CNY 115,626,494.96, representing a 3.4% increase from CNY 112,040,183.62 in the same period last year[26] - Earnings per share (EPS) for Q1 2023 was CNY 0.0972, up from CNY 0.0921 in Q1 2022, indicating a growth of 5.5%[27] - Operating costs decreased to CNY 2,002,082,661.52 in Q1 2023, down 8.8% from CNY 2,194,941,004.39 in Q1 2022[25] Cash Flow - The net cash flow from operating activities was -¥121,130,344.13, a significant decline of 175.67% compared to ¥160,075,787.04 in the same period last year[4] - Cash flow from operating activities was CNY 1,780,992,537.99, down from CNY 2,093,536,494.28 in Q1 2022, reflecting a decrease of 14.9%[28] - The net cash flow from operating activities was CNY -121,130,344.13, compared to CNY 160,075,787.04 in the previous year[30] - The net cash flow from investing activities was CNY -44,746,282.47, down from CNY -470,233,261.42 in the same period last year[30] - The net cash flow from financing activities was CNY 212,126,449.18, an increase from CNY 50,989,577.63 in the previous year[30] - The total cash and cash equivalents at the end of the period amounted to CNY 1,280,347,813.05, up from CNY 1,141,878,508.59 at the end of the previous period[31] - The cash inflow from financing activities totaled CNY 537,000,000.00, compared to CNY 463,914,252.70 in the previous year[30] - The cash outflow for investing activities was CNY 95,594,556.44, significantly lower than CNY 826,261,327.61 in the previous period[30] - The company’s cash and cash equivalents net increase was CNY 62,191,698.16, contrasting with a decrease of CNY -249,302,477.44 in the previous year[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,099,452,708.84, reflecting a growth of 5.41% from ¥8,632,233,786.42 at the end of the previous year[4] - The company's total current assets increased to CNY 4,601,306,900.71 from CNY 4,333,255,230.19 at the beginning of the year, reflecting a growth of approximately 6.2%[21] - Accounts receivable rose to CNY 1,589,335,483.70, up from CNY 1,180,841,617.19, indicating a significant increase of about 34.6%[21] - The total liabilities increased to CNY 3,871,113,910.65 from CNY 3,521,836,313.42, representing an increase of approximately 9.9%[22] - The company's total equity rose to CNY 5,228,338,798.19, up from CNY 5,110,397,473.00 in the previous year, indicating an increase of 2.3%[26] Research and Development - Research and development expenses increased by 33.64% to ¥6,781.92 million from ¥5,074.73 million year-on-year, indicating a focus on innovation[12] - The company has ongoing research and development efforts, with development expenditures increasing to CNY 36,535,696.03 from CNY 29,260,969.05, a growth of about 24.9%[21] - Research and development expenses increased to CNY 67,819,232.06, a rise of 33.6% compared to CNY 50,747,299.77 in the previous year[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 67,066[17] - The largest shareholder, Chongqing Zongshen High-speed Boat Co., Ltd., holds 20.10% of shares, amounting to 230,192,114 shares, with 90,000,000 shares pledged[17] Other Financial Metrics - The weighted average return on equity increased to 2.32%, up by 0.07 percentage points from 2.25% in the previous year[4] - The company reported a significant increase in financing cash flow, with a net inflow of ¥21,212.64 million, up 316.02% from ¥5,098.96 million in the same period last year[15] - The cash and cash equivalents increased by ¥6,219.17 million, a 124.95% rise compared to a decrease of ¥24,930.25 million in the previous year[15] - The company experienced a 90.48% improvement in net cash flow from investing activities, reducing outflows to -¥4,474.63 million from -¥47,023.33 million year-on-year[15] - The company reported a decrease in inventory from CNY 817,968,262.27 to CNY 761,113,209.51, a reduction of approximately 6.9%[21] - Other comprehensive income after tax for Q1 2023 was CNY 1,986,260.23, compared to CNY 2,453,613.28 in Q1 2022, reflecting a decrease of 19.0%[27] - The net increase in customer loans and advances was CNY 112,859,910.12, a decrease from CNY -312,689,715.21 in the previous period[30] - The impact of exchange rate changes on cash and cash equivalents was CNY 15,941,875.58, an increase from CNY 9,865,419.31 in the previous period[31]

证券代码：001696 证券简称：宗申动力 公告编号：2023-27 1．召开时间：2023年4月28日（星期五）上午10:00-11:30 3．参与方式：本次业绩说明会将采用网络远程方式召开，投资者可登陆全 景网"投资者关系互动平台"（http://ir.p5w.net）参与。 二、征集问题事项 为充分尊重投资者、提升交流的针对性，现就公司2022年度业绩说明会提前 向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于2023年4月 27日下午14：00前访问http://ir.p5w.net/zj/或扫描下方二维码，进入问题征 集专题页面。公司将在2022年度业绩说明会上，对投资者普遍关注的问题进行回 答。 1 / 2 重庆宗申动力机械股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 重庆宗申动力机械股份有限公司（简称"公司"）已于2023年4月1日在指定 媒体和网站上披露了公司《2022年年度报告全文及摘要》。为加强投资者关系管 理，便于广大投资者更深入、全面了解公司2022年年度报告和经营情况 ...

Financial Performance - The company's operating revenue for 2022 was ¥8,000,263,293.43, a decrease of 12.83% compared to 2021[6]. - The net profit attributable to shareholders for 2022 was ¥390,327,728.27, down 17.84% from the previous year[6]. - The total assets at the end of 2022 were ¥8,632,233,786.42, reflecting a decrease of 12.44% from the end of 2021[6]. - The basic earnings per share for 2022 was ¥0.3409, a decline of 17.84% compared to 2021[6]. - The weighted average return on equity decreased by 2.02 percentage points to 8.41% in 2022[6]. - The company reported a net profit of ¥-4,774,393.36 in Q4 2022, indicating a challenging quarter[23]. - The motorcycle engine segment generated CNY 2.82 billion in revenue, down 17.10% from CNY 3.40 billion in 2021, while the general machinery segment accounted for CNY 4.58 billion, a decrease of 12.83%[61]. - The total revenue for 2022 was approximately ¥6.98 billion, a decrease of 14.23% compared to ¥8.14 billion in 2021[69]. - The company reported a significant reduction in raw material costs for engine products, down 16.93% to ¥2.36 billion, which accounted for 93.55% of the total cost[69]. - The company reported a significant decrease in financing cash flow net by 113.47% to -¥1,360,324,406.62, primarily due to loan repayments[78]. Research and Development - The company reported a significant focus on research and development in various engine types and components, aiming to enhance product offerings and market competitiveness[18]. - The company has invested in R&D, establishing modern laboratories and testing facilities to support the development of innovative products and technologies[41]. - Research and development expenses increased by 35.15% to ¥290.66 million, reflecting the company's commitment to enhancing its R&D capabilities[73]. - R&D investment increased by 28.64% to ¥281,345,693.19 in 2022, accounting for 3.52% of operating revenue, up from 2.38% in 2021[75]. - The number of R&D personnel rose by 10.25% to 742, with the proportion of R&D staff in the company increasing to 10.24%[75]. Market and Product Development - The company is focusing on upgrading to new business areas such as aviation power and new energy, aligning with national industrial policies[30]. - The company aims to become a global leader in small intelligent green outdoor power and equipment systems, focusing on customer value creation[40]. - The company is expanding its product offerings to include new energy products, such as gas-powered 24V DC generators and energy storage systems, to meet the growing demand for low-carbon solutions[38]. - The company has established a comprehensive product range covering engine displacements from 35cc to 1000cc, positioning itself as a leading manufacturer in the motorcycle engine sector[34]. - The company aims to enhance its market share in the motorcycle engine sector, focusing on high-displacement models and digitalization of production lines to improve product quality and reduce costs[99]. Corporate Governance - The company emphasizes the importance of accurate financial reporting and has ensured that all board members attended the meeting to discuss the annual report[4]. - The company is committed to transparency and has made its annual report available on multiple platforms for public access[16]. - The company has established a comprehensive governance structure, including various committees to ensure effective decision-making processes[161]. - The company has maintained close communication with independent directors to ensure compliance and effective management[139]. - The company has a complete organizational structure independent of the controlling shareholder, with no overlap in personnel or functions[117]. Shareholder Relations - The company plans to distribute a cash dividend of 2.50 RMB per 10 shares, totaling 286,256,730 RMB based on a total share capital of 1,145,026,920 shares as of December 31, 2022[4]. - The company held its annual shareholder meeting on April 25, 2022, with a participation rate of 40.39%[118]. - The first extraordinary shareholder meeting of 2022 was held on September 16, 2022, with a participation rate of 38.87%[118]. - The board of directors approved a dividend payout of 0.5 RMB per share, reflecting a commitment to returning value to shareholders[142]. Environmental Responsibility - The company invested a total of 77.11 million yuan in environmental protection in 2022, including 75.09 million yuan for environmental equipment and 2.02 million yuan for hazardous waste disposal and environmental taxes[171]. - The company completed upgrades to its wastewater treatment facilities in 2022, ensuring stable compliance with pollution discharge standards[168]. - The company has established a comprehensive environmental protection management system to maintain continuous compliance with pollution discharge standards[168]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[172]. - The company has implemented a carbon peak assessment and is exploring carbon reduction pathways, aiming for peak carbon emissions by 2030[171]. Strategic Transformation - The company is committed to maintaining independence from its controlling shareholder in all operational aspects[117]. - The company aims to enhance its R&D and collaboration in the new energy sector, focusing on electric and hybrid power systems, with a goal of transitioning from traditional fuel power to clean energy solutions[102]. - The company plans to strengthen resource collaboration between its subsidiaries to leverage competitive advantages in technology and market access[100]. - The company is committed to optimizing its product structure and enhancing profitability in the motorcycle engine sector[99]. - The company will focus on reducing costs by enhancing procurement and operational cost controls, and accelerating the deployment of intelligent production lines to improve product quality and efficiency[105]. Employee Engagement - The total number of employees at the end of the reporting period is 7,246, with 4,597 in production, 742 in technical roles, and 304 in sales[144]. - The company focuses on enhancing employee training, particularly in management capabilities and technical skills, to support strategic goals[146]. - A total of 11,325 employees participated in skill enhancement training, with 90% obtaining relevant skill certificates[175]. - The company has established a "Golden Autumn Assistance" program to support employees in need, demonstrating its commitment to employee welfare[177]. - The company has a structured compensation system that combines base salary, performance, and other benefits to enhance employee motivation and satisfaction[145].

Group 1: Event Announcement - The event "Chongqing Listed Companies 2022 Investor Online Reception Day" will be held on December 23, 2022, from 15:00 to 17:00 [2] - Investors can participate through the "Panjing Roadshow" platform [2] Group 2: Company Commitment - The company and its board guarantee the announcement's authenticity, accuracy, and completeness, with no false records or significant omissions [2] - Senior management will engage in online communication regarding governance, development strategy, operational status, and sustainable development [2] Group 3: Participation Encouragement - The company encourages investors to actively participate in the event [2]

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,750,486,645.39, a decrease of 22.51% compared to ¥2,258,938,201.13 in the same period last year[6] - Net profit attributable to shareholders was ¥132,701,987.21, an increase of 12.45% from ¥118,009,700.68 year-on-year[6] - The net profit after deducting non-recurring gains and losses reached ¥141,548,362.04, up 46.01% from ¥96,943,975.47 in the previous year[6] - Basic earnings per share for Q3 2022 were ¥0.1159, reflecting a 12.42% increase from ¥0.1031 in the same period last year[6] - Total operating revenue for the current period is ¥6,435,633,822.44, a decrease of 8.5% from ¥7,031,251,587.81 in the previous period[31] - Net profit for the current period is ¥411,484,738.68, an increase of 2.5% compared to ¥403,052,474.68 in the previous period[34] - Operating profit for the current period is ¥460,382,630.75, up from ¥443,740,595.12 in the previous period, reflecting a growth of 3.0%[34] - Total comprehensive income for the current period is ¥436,697,392.09, compared to ¥391,747,606.31 in the previous period, reflecting an increase of 11.4%[34] - The basic earnings per share for the current period is ¥0.3451, up from ¥0.3240 in the previous period, representing a growth of 6.8%[34] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,158,797,667.98, a significant increase of 627.42% compared to ¥159,302,010.26 last year[6] - Cash flow from operating activities for the current period is ¥1,158,797,667.98, significantly higher than ¥159,302,010.26 in the previous period[38] - Cash inflow from operating activities totaled ¥7,183,773,117.94, compared to ¥6,676,570,581.21 in the previous period, indicating a growth of 7.57%[38] - The net cash flow from investing activities improved by 55.99% to -20,915.57 million, due to a reduction in investments in financial products[19] - The net cash flow from financing activities decreased by 161.47% to -122,889.86 million, primarily due to loan repayments[19] - The net cash flow from investing activities was -209,155,707.44 CNY, compared to -475,253,482.29 CNY in the previous period[40] - The total cash inflow from financing activities was 1,113,414,191.02 CNY, down from 1,836,983,495.01 CNY year-over-year[40] - The net cash flow from financing activities was -1,228,898,590.90 CNY, compared to -470,004,109.15 CNY in the previous period[40] - The cash outflow for debt repayment was 1,568,432,800.46 CNY, compared to 1,043,636,818.32 CNY in the previous period[40] - The net decrease in cash and cash equivalents was -267,164,375.81 CNY, compared to -736,358,327.15 CNY previously[40] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,835,801,871.58, a decrease of 11.95% from ¥8,680,706,857.94 at the end of the previous year[6] - The total liabilities decreased to RMB 3,597,176,640.68 from RMB 4,882,201,912.86, marking a reduction of about 26.3%[29] - The total assets were reported at RMB 8,680,706,857.94, down from RMB 9,858,389,393.03, reflecting a decrease of approximately 11.9%[29] - The company's non-current assets totaled RMB 3,879,242,940.82, down from RMB 4,145,575,048.73, reflecting a decrease of approximately 6.4%[29] - Total liabilities decreased significantly, with short-term borrowings down by 55.15% to 37,808.26 million[15] - The company reported a decrease in short-term borrowings to RMB 378,082,603.00 from RMB 843,032,129.41, a reduction of about 55.3%[29] Investments and Acquisitions - The company completed the acquisition of 65% stakes in two subsidiaries, increasing its ownership in Chongqing Zongshen Electric Power Technology Co., Ltd. and Chongqing Zongshen Continuously Variable Transmission Co., Ltd. to 75%[9] - Research and development expenses rose by 58.27% to 5,462.38 million, reflecting a commitment to new product development[15] - Research and development expenses increased to ¥177,243,770.62 from ¥147,589,166.12, marking a rise of 19.99%[31] - Construction in progress increased by 152.28% to 17,507.98 million, indicating increased investment in project development[15] Government Subsidies and Other Income - The company reported a total of ¥20,274,671.31 in government subsidies related to normal business operations during the reporting period[11] - The company reported a 32.64% decline in interest income to 9,850.07 million, attributed to reduced lending activities[15] Current Assets - As of September 30, 2022, the total current assets amounted to RMB 4,801,463,917.12, a decrease from RMB 5,712,814,344.30 at the beginning of the year, reflecting a decline of approximately 15.9%[24] - The company's cash and cash equivalents were reported at RMB 1,237,950,656.07, down from RMB 1,456,966,512.07, indicating a decrease of about 15.0%[24] - Accounts receivable stood at RMB 1,551,814,558.88, compared to RMB 1,662,951,520.70 at the start of the year, representing a decline of approximately 6.6%[24] - Inventory levels were reported at RMB 802,090,746.40, down from RMB 982,737,561.77, indicating a decrease of approximately 18.3%[27] Miscellaneous - The weighted average return on equity increased to 2.84%, up 0.21 percentage points from 2.63% in the previous year[6] - Derivative financial assets decreased by 96.34% to 91.06 million, primarily due to changes in the fair value of forward foreign exchange contracts[15] - Accounts receivable decreased by 32.53% to 21,695.10 million, reflecting a significant reduction in outstanding payments[15] - Loans and advances decreased by 30.83% to 84,081.93 million, as the company reduced lending to control risk[15] - The third quarter report was not audited[42]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 4,586,642,602.54, a decrease of 0.85% compared to the same period last year[28]. - The net profit attributable to shareholders of the listed company was CNY 262,400,134.42, an increase of 3.72% year-on-year[28]. - The net profit after deducting non-recurring gains and losses was CNY 267,964,366.61, representing a significant increase of 25.41% compared to the previous year[28]. - The net cash flow from operating activities reached CNY 751,523,688.16, a remarkable increase of 19,114.76% year-on-year[28]. - The basic earnings per share were CNY 0.2292, up 3.76% from the previous year[28]. - Revenue for the reporting period was approximately ¥4.59 billion, a decrease of 0.85% compared to the previous year[74]. - The engine product segment saw a significant decline of 14.80% in revenue, contributing 33.08% to total revenue[74]. - The company reported a net profit of 26,715,057.84 yuan for the first half of 2022, representing a significant increase compared to the previous period[98]. - Net profit reached 184 million yuan, marking a significant year-on-year increase of 57.78%[48]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,508,329,484.99, a decrease of 3.55% from the end of the previous year[28]. - The company's total assets decreased from CNY 9,858,389,393.03 to CNY 9,508,329,484.99, a decline of approximately 3.55%[196]. - Total liabilities amounted to ¥4,574,178,175.16, a decrease from ¥4,882,201,912.86[199]. - Current liabilities totaled ¥3,304,463,335.69, down from ¥3,529,648,496.51[199]. - Non-current liabilities were ¥1,269,714,839.47, compared to ¥1,352,553,416.35 previously[199]. - The company's cash and cash equivalents at the end of the reporting period were approximately ¥1.26 billion, accounting for 13.28% of total assets, down from 14.78% at the beginning of the year[79]. - The company's inventory at the end of the reporting period was approximately ¥954.94 million, accounting for 10.04% of total assets[82]. Investments and Acquisitions - The company completed the acquisition of 65% equity in two subsidiaries, increasing its stake in them to 75%[28]. - The company increased its stake in Chongqing Zongshen New Energy Development Co., Ltd. to 100% through an investment of ¥56.53 million[88]. - The company is investing in a new die-casting factory to focus on key aluminum alloy components for electric vehicles[64]. Research and Development - The company has invested significantly in R&D, with a team of over 200 technical talents and advanced technology centers to develop high-performance products[47]. - The company has established a strong R&D capability with 34 modern laboratories and 120 large experimental instruments, focusing on product innovation and technology advancement[54]. - Research and development investment increased by 33.62% to approximately ¥124 million, reflecting the company's commitment to innovation[74]. - The R&D personnel account for approximately 40% of the workforce, with a high proportion of revenue allocated to R&D investments[60]. Market and Industry Trends - The motorcycle industry experienced a decline in production and sales, with a year-on-year decrease of 15.59% in production and 14.38% in sales, totaling 10.55 million and 10.72 million units respectively[43]. - The overall manufacturing industry in China has shown resilience, with the added value of manufacturing increasing from 16.98 trillion yuan in 2012 to 31.4 trillion yuan in 2021[39]. - The company is focusing on expanding its product line in "aviation power, new energy, and high-end components," aligning with national policies to enhance the manufacturing sector[38]. Strategic Focus and Future Plans - The company is committed to maintaining its market leadership in motorcycle engine production while expanding into emerging business areas[38]. - The company’s strategic focus includes the development of new products such as hybrid and high-displacement engines to meet evolving consumer demands[43]. - The management team is focused on transforming the company into a digital, technological, and intelligent integrated service provider[65]. - The company plans to optimize its business structure by focusing on core operations and improving asset quality and efficiency[101]. Shareholder and Investor Relations - The company plans not to distribute cash dividends or issue bonus shares[7]. - The annual shareholders meeting had a participation rate of 40.39% on April 25, 2022, with all resolutions approved[105]. - The company has maintained a strong commitment to shareholder rights protection and has conducted 18 dividend distributions since 2003[129]. - The company has established a comprehensive investor relations management system, utilizing various communication channels to engage with both institutional and individual investors[129]. Environmental and Social Responsibility - The company has completed upgrades to pollution control facilities, ensuring stable compliance with emission standards[114]. - The company is actively pursuing carbon reduction strategies, including energy management platform construction and energy-saving technology renovations[120]. - During the pandemic, the company donated over RMB 400,000 worth of medical supplies to support local efforts[123]. - The company provided nearly 1,000 job positions, helping 2,790 employees, including 448 university graduates, to secure employment[123]. - The company conducted skill enhancement training for 1,000 employees, with 90% obtaining relevant skill certificates[125].

Revenue and Profit - Revenue for Q1 2022 was CNY 2,262,418,192.18, an increase of 3.79% compared to CNY 2,179,710,214.03 in the same period last year[4] - Net profit attributable to shareholders was CNY 105,417,692.82, a decrease of 17.71% from CNY 128,107,178.29 in the previous year[4] - Net profit excluding non-recurring items was CNY 82,906,554.22, down 27.56% from CNY 114,444,995.54 year-on-year[4] - Operating income was CNY 2,262,418,192.18, up from CNY 2,179,710,214.03, indicating a year-over-year increase of about 3.8%[31] - Net profit attributable to the parent company was CNY 2,513,518,339.43, compared to CNY 2,417,196,036.48, showing an increase of approximately 4.0%[30] - Net profit attributable to the parent company was ¥105.42 million, down from ¥128.11 million, reflecting a decrease of about 17.7% compared to the previous year[34] - Total comprehensive income amounted to ¥114.49 million, compared to ¥130.52 million in the same period last year, indicating a decline of approximately 12.3%[34] Cash Flow - Operating cash flow for the quarter was CNY 160,075,787.04, an increase of 58.16% compared to CNY 101,211,528.92 in the same period last year[4] - The company reported a net cash flow from operating activities of CNY 160,075,787.04, indicating strong cash generation capabilities[4] - Net cash flow from operating activities increased by 58.16% to ¥160.08 million, driven by higher cash received from sales[16] - Cash flow from operating activities increased to ¥2.09 billion, up from ¥1.83 billion, marking an increase of about 14.6% year-over-year[38] - Cash flow from investing activities showed a net outflow of ¥470.23 million, worsening from a net outflow of ¥301.65 million in the previous year[40] - Cash flow from financing activities generated a net inflow of ¥50.99 million, compared to a net outflow of ¥266.29 million in the same period last year[40] Assets and Liabilities - Total assets at the end of the quarter were CNY 10,115,909,189.73, reflecting a 2.61% increase from CNY 9,858,792,583.32 at the end of the previous year[4] - Total assets amounted to CNY 10,115,909,189.73, up from CNY 9,858,792,583.32, indicating a growth of about 2.6%[30] - Total liabilities increased to CNY 5,052,724,087.66 from CNY 4,882,605,103.15, reflecting an increase of approximately 3.5%[30] - The company's cash and cash equivalents were CNY 56,757,312.76, down from CNY 110,792,308.41, a decrease of about 48.8%[28] - Total cash and cash equivalents at the end of the period were ¥1.14 billion, down from ¥1.36 billion, indicating a decrease of about 15.9%[41] Expenses and Financial Performance - Total operating costs rose to CNY 2,194,941,004.39 from CNY 2,078,920,292.72, reflecting an increase of approximately 5.6%[31] - Research and development expenses increased to CNY 50,747,299.77 from CNY 42,773,731.51, marking a rise of about 18.7%[31] - Interest income decreased by 31.55% to ¥35.03 million, primarily due to reduced lending scale by a subsidiary to control risks[13] - Financial expenses increased by 240.99% to ¥38.23 million, mainly due to exchange losses from RMB appreciation[13] - The company reported a tax expense of ¥12.66 million, down from ¥16.94 million, which is a decrease of approximately 25.5% year-over-year[34] - Other income increased by 34.13% to ¥11.69 million, mainly due to an increase in government subsidies received[13] Investments and Acquisitions - The company completed the acquisition of 65% stakes in Chongqing Zongshen Electric Power Technology Co., Ltd. and Chongqing Zongshen Continuously Variable Transmission Co., Ltd., increasing its ownership to 75% in both companies[6] - The company recognized government subsidies amounting to CNY 11,065,863.60 during the quarter, contributing positively to its financial performance[7] - Minority shareholders' profit decreased by 45.60% to ¥6.62 million, related to the acquisition of equity in a subsidiary[13] Other Financial Metrics - The weighted average return on equity decreased to 2.25%, down 0.71 percentage points from 2.96% in the previous year[4] - The fair value change income was ¥7.92 million, a significant increase of 156.16% compared to the previous period, attributed to the valuation changes of forward foreign exchange contracts[13] - The company reported a decrease in contract liabilities to CNY 70,013,941.15 from CNY 92,741,435.45, a decline of approximately 24.6%[28] - Long-term borrowings increased to CNY 1,098,740,000.00 from CNY 944,700,000.00, representing a growth of about 16.3%[28] - The company's basic and diluted earnings per share decreased to ¥0.0921 from ¥0.1119, reflecting a decline of approximately 17.5%[34] - The company reported a net increase in cash and cash equivalents of ¥-249.30 million, an improvement of 44.48% compared to the previous period[16]