中光学集团股份有限公司 独立董事关于第六届董事会第九次会议 相关事项的独立意见 根据《公司法》《证券法》《深圳证券交易所股票上市规则》《深 圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范 运作》《上市公司独立董事规则》的规定，作为中光学集团股份有限 公司（以下简称"公司"）的独立董事，我们本着实事求是的原则，对 公司第六届董事会第九次会议审议事项进行了认真的核查，现就相关 情况发表独立意见如下： 一、对公司关联方资金往来情况的独立意见 二、对 2023 年半年度公司担保事项进行了审查，并发表独立意 见 1.2021 年，公司向中国进出口银行申请续贷 2 亿元贷款，该贷 款仍由中国兵器装备集团有限公司提供担保，应控股股东要求，公司 以部分土地作为抵押向控股股东兵器装备集团提供了反担保。该反担 保抵押事项已经公司第五届董事会第二十一次会议和公司 2021 年第 二次临时股东大会批准。截至报告期末，公司对外担保余额为 2 亿元。 除上述为兵装装备集团提供的反担保外，公司没有为股东、实际控制 人及公司持股 50%以下的其他关联方、任何非法人单位或个人提供担 保；不存在与证监会公告[2022]26 号文 ...

| 华中药业股份有 | 与本公司同受中国兵器装备集团 | 应收账款 | 12.85 | 0.00 | 10.85 | 2.00 | 货款 | 经营性 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 限公司 | 有限公司控制 | | | | | | | 往来 | | 华中药业股份有 | 与本公司同受中国兵器装备集团 | 其他应收 | 9.35 | 0.00 | 0.00 | 9.35 | 货款 | 经营性 | | 限公司 | 有限公司控制 | 款 | | | | | | 往来 | | 特品单位汇总 | 与本公司同受中国兵器装备集团 | 应收账款 | 4,410.01 | 15,754.10 | 18,220.34 | 1,943.77 | 货款、劳 | 经营性 | | | 有限公司控制 | | | | | | 务费 | 往来 | | 特品单位汇总 | 与本公司同受中国兵器装备集团 | 其他应收 | 241.00 | 15.00 | 0.00 | 256.00 | 货款、保 | 经营性 | | | 有限公司控制 | 款 | | | | | 证 ...

证券代码：002189 证券简称：中光学 公告编号：2023-034 中光学集团股份有限公司 第六届监事会第六次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 中光学集团股份有限公司（以下简称"公司"）关于召开第六届监事会第六 次会议的通知于 2023 年 8 月 5 日以通讯方式发出，会议于 2023 年 8 月 16 日在 南阳市公司会议室以现场会议方式召开。会议应参与表决监事 3 人，实际参与表 决监事 3 人。会议的召开符合《公司法》和《公司章程》的规定。会议由公司监 事会主席朱国栋先生主持，审议并通过了如下决议： 一、审议通过了《关于<公司 2023 年半年度报告及摘要>的议案》。 经审核，监事会认为公司董事会编制和审核《公司 2023 年半年度报告及摘 要》的程序符合法律、行政法规和中国证监会的规定，报告内容真实、准确、完 整地反映了公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 具体内容详见 2023 年 8 月 18 日刊登在巨潮资讯网、《中国证券报》《证券时报》 《证券日报》《上海证券报》的《公司 2023 年半年 ...

相关事项的独立意见 根据《公司法》《证券法》《深圳证券交易所股票上市规则》《深 圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范 运作》《上市公司独立董事规则》的规定，作为中光学集团股份有限 公司（以下简称"公司"）的独立董事，我们本着实事求是的原则，对 公司董事彭仁刚先生、监事周长路先生辞职事项进行了认真的核查， 现就相关情况发表独立意见如下： 中光学集团股份有限公司 独立董事关于公司董事、监事辞职 经核查，因任职年龄已达上限（退休），彭仁刚先生申请辞去公 司董事、特种装备委员会会员及战略与投资委员会委员职务；周长路 先生申请辞去第六届监事会非职工代表监事职务。根据《公司法》《公 司章程》及有关法律法规的规定，彭仁刚先生和周长路先生的辞职报 告自送达公司董事会、监事会之日起生效。彭仁刚先生和周长路先生 辞去上述职务不会影响公司董事会、监事会正常运作，亦不会对公司 的生产经营活动造成重大影响。我们同意彭仁刚先生和周长路先生辞 去上述职务。 2023 年 8 月 15 日 独立董事：姜会林、刘姝威、王腾蛟 中光学集团股份有限公司 ...

中光学集团股份有限公司（以下简称"公司"）于近日收到董事彭仁刚先生 和监事周长路先生的书面辞职报告。因任职年龄已达上限（退休），彭仁刚先生 申请辞去公司董事、特种装备委员会委员及战略与投资委员会委员职务，辞职后 彭仁刚先生将不再担任公司其他职务；因任职年龄已达上限（退休），周长路先 生申请辞去第六届监事会非职工代表监事职务，辞职后周长路先生将不再担任公 司其他职务。截至本公告披露日，彭仁刚先生和周长路先生未持有公司股份。 彭仁刚先生和周长路先生辞职未导致公司董事会、监事会成员低于法定最低 人数，不会影响公司经营管理工作的正常进行。根据《公司法》《深圳证券交易 所上市公司自律监管指引第 1 号--主板上市公司规范运作》《公司章程》等有 关规定，彭仁刚先生和周长路先生的辞职报告自送达公司董事会、监事会之日生 效。 证券代码：002189 证券简称：中光学 公告编号：2023-031 中光学集团股份有限公司 关于公司董事、监事辞职的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特此公告。 中光学集团股份有限公司董事会 2023 年 8 月 15 日 公司对彭 ...

证券代码： 002189 证券简称：中光学 中光学集团股份有限公司 投资者关系活动记录表 | --- | --- | |----------------|----------------------| | | 编号：2023-001 | | | | | 投资者关系活动 | | | 类别 | | | | | | | | | 参与单位名称及 | | | | | | 人员姓名 | | | 时间 | | | 地点 | https://ir.p5w.net） | | | | | | | | 上市公司接待人 | | | 员姓名 | | 4、独立董事王腾蛟 投资者提出的问题及公司回复情况 公司就投资者在本次说明会中提出的问题进行了回复： 1、李董事长您好！公司今年的订单情况怎么样？在哪些方 面有突破？ 您好，公司今年持续加大市场营销力度，打造营销尖兵团队， 投资者关系活动 随着宏观经济形势向好和电子消费市场回暖，下半年订单将逐步 主要内容介绍 增长。公司也将全面贯彻落实兵装集团的发展要求，进一步融入 军品生态圈、汽车生态圈，以先进的智能光电为"两圈一新"高 质量发展赋能；进一步融入南阳现代化省域副中心城市建设，积 极参与数 ...

证券代码： 002189 证券简称：中光学 中光学集团股份有限公司 投资者关系活动记录表 编号：2023-001 | | □ 特定对象调研 □ 分析师会议 | | --- | --- | | 投资者关系活动 | 业绩说明会 □ 媒体采访 √ | | 类别 | □ 新闻发布会 □ 路演活动 | | | □ 现场参观 | | | □ 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 投资者网上提问 | | 人员姓名 | | | 时间 | 2023 年 5 月 16 日 (周二) 下午 15:00~17:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 采用网络远程的方式召开业绩说明会 | | 上市公司接待人 | 1、董事长李智超 2、总经理魏全球 | | 员姓名 | 3、总会计师、财务负责人、董事会秘书杨凯 | | | 4、独立董事王腾蛟 投资者提出的问题及公司回复情况 | | | 公司就投资者在本次说明会中提出的问题进行了回复： 1、李董事长您好！公司今年的订单情况怎么样？在哪些方 | | | 面有突破？ | | 投资者关系活动 | 您 ...

中光学集团股份有限公司（以下简称"公司"）于2023年4月27日披露了《2022 年年度报告》及《2022年年度报告摘要》。为便于广大投资者更深入全面地了解 公司的经营情况、财务状况及未来发展等，公司拟举行2022年度业绩说明会，具 体安排如下： 公司定于2023年5月16日（星期二）下午15：00-17：00在全景网举办2022 年度业绩说明会，本次年度业绩说明会将采用网络远程的方式举行，投资者可登 陆全景网"投资者关系互动平台"（http://ir.p5w.net）参与本次年度业绩说 明会。 出席本次业绩说明会的人员有：公司董事长李智超先生，总经理魏全球先生、 独立董事王腾蛟先生，总会计师、财务负责人、董事会秘书杨凯先生，具体以当 天实际参会人员为准。 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5月 15日（星期一）下午15：00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。敬请广大投资者通过全景网系统提交您所关注的问题， 便于公司在业绩说明会上对投资者普遍关 ...

Market Share and Competitive Position - The company's market share in the projection optics sector is the highest globally, with TIR prisms and color combination prisms holding a 65% global market share[7] - The company's market share in coastal defense products has reached 67%, with significant breakthroughs in the "Belt and Road" market[7] - The company is the largest projector manufacturer in mainland China, with a complete design, R&D, production, and testing capability for DLP and 3LCD projection display products[6] - The company has a leading global market share in digital optical precision components and is a key supplier to major brands like Epson, Fuji, Canon, Sony, and Nikon[14] R&D and Innovation - The company's annual R&D investment accounts for more than 5% of total revenue, with new product contribution rates maintained above 50%[8] - The company has developed large-aperture ultra-precision high-power laser optical components, which have entered the national engineering optical component support system catalog[10] - The company has dozens of new products and technologies under development, including various types of night vision scopes, infrared scopes, and integrated telescopes[10] - The company has a competitive advantage in optical component technology, including magnetron sputtering, ion beam-assisted deposition, and vacuum evaporation coating technologies[8] - The company has a strong patent portfolio, with a leading number of invention patents in the industry[10] - The company is focusing on the development of intelligent systems, expanding from single scopes to intelligent system integration products, such as smart helmets and smart glasses[4] - The company developed a physical vapor deposition carbon-based ultra-hard functional film technology, achieving domestic substitution and reaching international advanced levels[34] - The company completed the development of a vacuum plasma spraying target material technology, solving industry pain points and achieving full supply to multiple customers[34] - The company is developing an AR 2D diffractive waveguide with a large FOV (56°) and full-color capabilities, targeting the growing demand for micro-optical devices in the metaverse industry[34] - The company is advancing the development of an AR-HUD vehicle head-up display system, aiming to break through high-cost-performance and miniaturization design technologies[34] - The company is developing a high-precision 3D bioprinter using low-cost, high-performance optical engine technology, targeting the 3D printing market[34] Financial Performance - The company's Q4 2022 operating revenue was 757.92 million yuan, with a net loss attributable to shareholders of 161.14 million yuan[19] - Total revenue in 2022 decreased by 20.43% to 3,285,114,518.49 RMB compared to 2021[23] - Revenue from optical components increased by 3.76% to 888,843,635.62 RMB, accounting for 27.06% of total revenue[23] - Revenue from photoelectric defense and key area monitoring dropped significantly by 74.41% to 266,492,782.31 RMB[23] - Domestic revenue decreased by 29.20% to 2,627,184,853.48 RMB, while overseas revenue increased by 57.31% to 657,929,665.01 RMB[23] - Sales volume of optical components decreased by 24.90% to 14,544,000 units, and production volume decreased by 24.23% to 14,606,000 units[26] - Sales volume of projector units decreased by 14.81% to 284,700 units, and production volume decreased by 15.70% to 284,100 units[26] - Raw material costs decreased by 11.01% to 2,437,126,304.00 RMB, accounting for 78.93% of total operating costs[28] - Labor costs decreased by 26.82% to 284,266,195.27 RMB, accounting for 9.21% of total operating costs[28] - R&D expenses in 2022 were 193,438,102.28 RMB, a slight decrease of 0.67% compared to 2021[33] - R&D investment accounted for 5.89% of total revenue in 2022, an increase of 1.17% compared to 2021[36] - Operating cash flow decreased by 136.21% YoY to -146,808,042.98 yuan, mainly due to new projects not reaching the repayment period[37] - Investment cash flow decreased by 22.71% YoY to -178,278,588.73 yuan[37] - Financing cash flow decreased by 95.21% YoY to -4,455,011.92 yuan, primarily due to increased repayment of loans in the previous period[37][38] - Net increase in cash and cash equivalents decreased by 509.01% YoY to -326,828,067.82 yuan[37] - Monetary funds decreased by 8.58% YoY to 656,014,669.72 yuan, accounting for 18.03% of total assets[43] - Accounts receivable increased by 12.20% YoY to 1,207,073,019.49 yuan, accounting for 33.18% of total assets, due to new projects not reaching the repayment period[43] - Inventory decreased by 4.00% YoY to 453,298,986.24 yuan, accounting for 12.46% of total assets[43] - Short-term borrowings increased by 3.20% YoY to 397,902,470.72 yuan, accounting for 10.94% of total assets[43] - Contract liabilities increased by 4.67% YoY to 252,866,014.86 yuan, accounting for 6.95% of total assets[43] - Long-term borrowings decreased by 5.27% YoY to 18,000,000.00 yuan, accounting for 0.49% of total assets, mainly due to the transfer of 200 million yuan to non-current liabilities due within one year[43] Strategic Investments and Partnerships - The company established a joint venture, Zhongguang (Hangzhou) Intelligent Optoelectronics Technology Co., Ltd., with a total investment of 300 million RMB[30] - Top 5 customers accounted for 61.83% of total annual sales, with a combined sales amount of 2,031,268,812.46 RMB[31] - Top 5 suppliers accounted for 27.66% of total annual procurement, with a combined procurement amount of 853,931,893.36 RMB[32] - The company invested RMB 100 million in the establishment of Hangzhou Zhiyuan Research Institute, holding a 3.84% stake[49] - The investment in Hangzhou Zhiyuan Research Institute resulted in a loss of RMB 1.33 million[49] - The company's total investment in Hangzhou Zhiyuan Research Institute and other projects amounted to RMB 280 million, with a total loss of RMB 1.33 million[50] - In 2022, the company spent RMB 8.18 million on fundraising investment projects, with a net interest income of RMB 193,500[55] - As of December 31, 2022, the balance of the fundraising account was RMB 11.46 million[55] - The company reported no significant non-equity investments during the reporting period[51] - The company did not engage in any securities investments during the reporting period[52] - The company did not engage in any derivative investments during the reporting period[53] - In 2021, the company spent RMB 12.85 million on fundraising investment projects, with a net interest income of RMB 375,500[55] - As of December 31, 2021, the balance of the fundraising account was RMB 19.44 million[55] - The total amount of funds raised through the non-public issuance in 2019 was RMB 350.63 million, with a net amount of RMB 336.60 million after deducting underwriting fees[57] - In 2019, the company spent RMB 21.71 million from the raised funds, including RMB 14.03 million for underwriting fees and RMB 7.68 million for project construction[57] - As of December 31, 2019, the balance in the special account for raised funds was RMB 332.99 million[57] - The investment progress of the intelligent optoelectronic reconnaissance and key defense system production line project reached 66.72% by the end of the reporting period[59] - The investment progress of the dual-use optoelectronic technology innovation platform construction project exceeded expectations, reaching 103.69% by the end of the reporting period[59] - The investment progress of the projection display system supporting capacity construction project was 40.25% by the end of the reporting period[59] - The payment of intermediary fees accounted for 70.13% of the total commitment[59] - The total amount of funds raised and used for committed investment projects was RMB 351.06 million, with RMB 251.01 million already utilized[59] - The unused raised funds remain in the special account for raised funds[61] - No significant changes occurred in the feasibility of the raised fund investment projects during the reporting period[59] Industry Trends and Market Outlook - The Chinese projector market is expected to exceed 5.57 million units in 2023, with a year-on-year growth of 10.3%, and the compound annual growth rate (CAGR) is projected to remain above 18% through 2027[12] - DLP projector technology market share continues to decline, while LCD market competition intensifies, with laser and LED light sources increasingly overlapping in the home projector market[12] - Global smartphone shipments are expected to rebound to over 280 million units in 2023, following a significant decline in 2022[13] - The camera market is projected to stabilize at 6-7 million units in 2023, with mirrorless and DSLR cameras gaining market share[13] Corporate Governance and Leadership - The company maintains complete independence in business, personnel, assets, organization, and finance, with no interference from the controlling shareholder[90] - The company has an independent R&D, procurement, production, and sales system, capable of independent market operations[90] - The company owns all assets related to production and operations, including factories, machinery, and intangible assets, with clear ownership[90] - The company has established a sound corporate governance structure, including a shareholders' meeting, board of directors, and supervisory board[90] - The company has an independent labor, personnel, and salary management system, with no overlapping personnel with the controlling shareholder[91] - The company has an independent financial department, accounting system, and bank accounts, with no intervention from the controlling shareholder in financial decisions[91] - The 2022 first extraordinary general meeting had a 43.48% investor participation rate[92] - The 2022 second extraordinary general meeting had a 2.36% investor participation rate[93] - The 2022 third extraordinary general meeting had a 3.39% investor participation rate[93] - The 2021 annual general meeting had a 45.95% investor participation rate[93] - Chairman Li Zhichao holds 90,000 shares, with 29,700 shares reduced due to the company's restricted stock incentive plan not meeting the conditions for lifting restrictions[95] - General Manager Wei Quanqiu holds shares with a tenure starting from June 7, 2021, and ending on September 16, 2025[95] - Director Gao Wei holds shares with a tenure starting from April 10, 2019, and ending on September 16, 2025[95] - Director Wan Yi holds shares with a tenure starting from January 12, 2022, and ending on September 16, 2025[95] - Director Peng Rengang holds shares with a tenure starting from September 15, 2022, and ending on September 16, 2025[95] - Director Xu Bin holds shares with a tenure starting from April 10, 2019, and ending on September 16, 2025[95] - Independent Director Jiang Huilin holds shares with a tenure starting from April 10, 2019, and ending on September 16, 2025[95] - Independent Director Liu Shuwei holds shares with a tenure starting from April 10, 2019, and ending on September 16, 2025[95] - Independent Director Wang Tengjiao holds shares with a tenure starting from April 10, 2019, and ending on September 16, 2025[95] - Vice President Zhang Dongyang holds 6,600 shares, with 20,000 shares reduced due to the company's restricted stock incentive plan not meeting the conditions for lifting restrictions[96] - The company's restricted stock incentive plan's second unlocking period did not meet the conditions for unlocking, resulting in the repurchase and cancellation of some restricted shares[97] - On June 17, 2022, Wei Quanqiu resigned from his positions as Chief Accountant, Financial Officer, and Board Secretary due to internal company adjustments[97] - On June 17, 2022, Duan Yongsheng resigned from his positions as Director, Member of the Strategy and Investment Committee, Member of the Special Equipment Committee, and Member of the Compensation and Assessment Committee due to reaching the retirement age[98] - On June 17, 2022, Fu Yong resigned from his position as Vice President due to a job transfer[99] - On September 15, 2022, the company completed the election of the sixth board of supervisors, with Zhang Shouqi, Yang Taili, and Deng Jimeng no longer serving as supervisors[99] - Yang Kai was appointed as Chief Accountant, Financial Officer, and Board Secretary on June 17, 2022, replacing Wei Quanqiu[100] - Li Zhichao, the current Chairman of the Board, has extensive experience in the optical industry, having served as General Manager and Chairman of Lida Optoelectronics Co., Ltd[102] - Gao Wei, a current Director, holds a Ph.D. and has a background in national defense technology and quality management, currently serving as a Director at several subsidiaries of China Ordnance Equipment Group[103] - Jiang Huilin, an Independent Director, is a member of the Chinese Academy of Engineering and has a distinguished academic career, currently serving as the Academic Committee Director at Changchun University of Science and Technology[105] - Zhu Guodong, the current Chairman of the Supervisory Board, has a long history in production and management roles within the motorcycle and industrial sectors, currently serving as a Supervisor at several subsidiaries[106] Future Plans and Strategic Goals - The company plans to focus on advanced optics and new photoelectric technologies, aiming to develop strategic and long-term projects[70] - The company will further integrate into the military and automotive ecosystems, aiming to expand revenue in emerging fields such as AR/VR[72] - The company aims to stabilize OEM business and increase the proportion of ODM and OBM business to achieve quality and efficiency improvements[73] - The company will leverage local government and enterprise resources to expand project bidding and revenue in the new energy sector[73] - The company will accelerate the development of "four new" products, focusing on overcoming key technological challenges and domestic substitution[73] - The company will implement automation and intelligent production to build advanced manufacturing capabilities[73] - Accelerate the construction of world-class enterprises[74] - Strengthen the introduction of core and scarce talents, with more than 6 PhDs and no less than 20% of graduates from double first-class universities to be introduced annually[75] - Optimize the human resource control model and reshape the salary and performance management system[75] - Strengthen the construction of R&D technical teams, with no less than 1051 R&D personnel per 10,000 employees and no less than 22% of R&D personnel holding postgraduate degrees[75] - Deepen reforms, enhance management, open channels, and control risks[76] - Strengthen strategic control and resource allocation, focusing on the "133" strategic goal[77] - Strengthen marketing platform construction and business synergy, focusing on advanced optics and new photoelectric development[78] - Strengthen supply chain construction, aiming to reduce annual procurement costs by no less than 50 million yuan[78] - Adhere to compliant operations and strengthen risk management[79] - Strengthen party building and promote the integration of party work with production and operation[80] Investor Relations and Shareholder Information - Inquired about the company's plans for developing projection lenses or technology reserves for lithography machines[82] - Asked if the company has any layout in the digital economy field[82] - Inquired about the company's products applied in EDR devices[82] - Asked if the company has 3D holographic projection technology and related products[82] - Inquired about the company's 2022 stock dividend plan[82] - Asked about the development status of the company's optoelectronic business segment[82] - Inquired if the company has machine vision technology[82] - Asked if the company's optical technology is applicable to 6G and terahertz technology[82] - Inquired about the company's products applied in periscope lenses and related technology reserves[82] - Asked about the company's future profit growth points[82] Financial Statements and Key Metrics - Revenue in 2022 decreased by 20.43% to RMB 3,285,114,518.49 compared to 2021[126] - Net profit attributable to shareholders in 2022 was RMB -185,417,183.99, a decrease of 226.27% compared to 2021[126] - Net cash flow from operating activities in 2022 was RMB -146,808,042.98, a decrease of 136.21% compared to 2021[126] - Basic earnings per share in 2022 were RMB -0.71, a decrease of 226.79% compared to 2021[126] - Weighted average return on equity in 2022 was -12.59%, a decrease of 22.21 percentage points compared to 2021[126] - Total assets at the end of 2022 were RMB 3,638,178,260.59, a decrease of 1.15% compared to the end of 2021[126] - Shareholders' equity at the end of 2022 was RMB 1,346,258,636.56, a decrease of 15.33% compared to the end of 2021[126] - The company plans not to distribute profits for 2022, including no cash dividends, no stock dividends, and no capital reserve to share capital[132] - The company's main business includes precision optical components, optical lenses, digital projection products, and solar energy products[124] - The company's independent directors actively participated in corporate governance and decision-making, and all proposals were adopted during the reporting period[122] - The company's total intangible assets at the end of the period amounted to RMB

Financial Performance - The company's operating revenue for Q1 2023 was ¥575,865,452.27, a decrease of 32.19% compared to ¥849,196,317.99 in the same period last year[5]. - The net loss attributable to shareholders was ¥65,323,479.50, representing a decline of 126.11% from a loss of ¥28,890,047.53 in the previous year[5]. - The basic and diluted earnings per share were both -¥0.2496, a decrease of 126.91% from -¥0.11 in the previous year[5]. - The company reported a net loss for the quarter, with total expenses exceeding total revenues[19]. - The net profit for Q1 2023 was -67,779,727.37 CNY, compared to -28,852,686.57 CNY in Q1 2022, indicating a significant increase in losses[20]. - Operating profit for Q1 2023 was -67,762,173.51 CNY, compared to -28,856,403.95 CNY in the same period last year[20]. - The total comprehensive loss for Q1 2023 was -67,779,727.37 CNY, compared to -28,852,686.57 CNY in Q1 2022[21]. Cash Flow and Assets - The net cash flow from operating activities improved by 62.08%, amounting to -¥40,308,786.95 compared to -¥106,302,124.64 in the same period last year[5]. - The total current assets decreased to CNY 2,352,736,073.23 from CNY 2,565,347,645.13 at the beginning of the year, a decline of 8.3%[16]. - The cash and cash equivalents at the end of Q1 2023 were CNY 571,085,782.88, down from CNY 656,014,669.72 at the beginning of the year, a decrease of 12.9%[15]. - Cash and cash equivalents at the end of Q1 2023 were 564,773,418.62 CNY, down from 761,400,555.02 CNY at the end of Q1 2022[24]. Expenses and Liabilities - The total operating costs for Q1 2023 were CNY 641,922,418.08, down from CNY 876,230,918.31 in the previous year, reflecting a reduction of 26.8%[19]. - Sales expenses increased by 35.55%, amounting to an increase of ¥3,386,217.46, attributed to enhanced market development efforts[10]. - Financial expenses rose by 130.72%, totaling an increase of ¥2,947,653.46, mainly due to increased exchange rate losses and reduced interest income[10]. - The total liabilities decreased to CNY 2,052,548,820.24 from CNY 2,196,460,695.26, a reduction of 6.5%[17]. - The total equity attributable to shareholders decreased to CNY 1,280,342,512.50 from CNY 1,346,258,636.56, a decline of 4.9%[17]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,382, with the largest shareholder, China Weapon Equipment Group, holding 39.49%[12]. - The company received government subsidies amounting to ¥3,018,355.94 during the reporting period[7]. Operational Focus - The company is focusing on reducing costs and improving operational efficiency in response to the declining revenue trend[19]. - Research and development expenses decreased to 38,439,124.67 CNY from 43,347,187.47 CNY year-over-year, reflecting a reduction of approximately 11.5%[20].