Financial Performance - The company's revenue for Q1 2023 was ¥445,480,311.19, a decrease of 21.95% compared to ¥570,783,279.06 in the same period last year[5] - Net profit attributable to shareholders increased by 36.98% to ¥8,171,973.90 from ¥5,965,632.63 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 445,480,311.19, a decrease of 22% compared to CNY 570,783,279.06 in Q1 2022[23] - Net profit for Q1 2023 reached CNY 8,347,248.16, an increase of 44.3% from CNY 5,766,938.97 in Q1 2022[24] - The company reported a total comprehensive income of CNY 16,824,719.04, compared to CNY 5,684,724.85 in the same quarter last year[25] Cash Flow - The net cash flow from operating activities rose significantly by 174.23% to ¥203,683,740.13 compared to ¥74,275,036.78 in the previous year[5] - Cash flow from operating activities was CNY 709,910,995.41, a significant increase from CNY 593,429,566.49 in Q1 2022[26] - The net cash flow from operating activities for Q1 2023 was ¥203,683,740.13, a significant increase from ¥74,275,036.78 in Q1 2022, representing a growth of approximately 174.7%[27] - The net cash flow from financing activities for Q1 2023 was ¥11,631,337.26, compared to ¥88,625,212.88 in Q1 2022, reflecting a decline of approximately 86.9%[27] - The cash inflow from financing activities was primarily driven by cash received from borrowings amounting to ¥79,825,927.33, down from ¥106,031,638.02 in the previous year, reflecting a decrease of about 24.8%[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,748,044,733.68, a decrease of 1.58% from ¥3,808,147,124.55 at the end of the previous year[5] - The company's total assets as of March 31, 2023, were RMB 3.75 billion, a decrease from RMB 3.81 billion at the beginning of the year, indicating a decline of 1.4%[21] - The total liabilities decreased to CNY 2,481,250,854.34 from CNY 2,549,283,614.00 year-over-year[24] - The company's total equity increased to CNY 1,266,793,879.34, compared to CNY 1,258,863,510.55 in the previous year[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,168[12] - The company completed a share transfer of 45 million shares, representing 9.02% of the total share capital, to Zhijun Technology for a total consideration of RMB 620 million[15] - After the share transfer, Zhijun Technology controls 12.03% of the voting rights of the company, with the controlling shareholder changing from Excellent Automotive to Zhijun Technology[16] Investment Activities - The company reported a significant increase in investment income of 375.20% year-on-year, primarily due to gains from the transfer of subsidiaries[10] - Prepayments increased by 257.84% compared to the beginning of the year, mainly due to increased prepayments for equipment related to new energy electric drive capacity construction[10] - The company plans to transfer 71.88% of its stake in Green Pulse City Europe for RMB 50 million, with the transaction already receiving payment[17] - The company has signed a framework agreement to transfer 100% of its stake in Hubei Fangzheng Automotive Parts Co., with an initial payment of RMB 12 million received[18] - The company is in the process of transferring a 5% stake in Hunan CRRC Smart Technology Co. for no less than RMB 20 million, with payment already received[17] Expenses - The company's gross margin improved by approximately 6% due to an increase in the shipment of flat wire motors and high-voltage motors despite a 22% decline in overall revenue[9] - The company experienced a 628.43% increase in financial expenses year-on-year, primarily due to exchange rate fluctuations[10] - R&D expenses increased to CNY 36,300,746.69, up 24.9% from CNY 29,085,647.16 in the same period last year[24] - Cash paid for operating activities totaled ¥522,490,134.56, slightly down from ¥541,031,446.05 in the same quarter last year, indicating a decrease of about 3.4%[27] Inventory and Receivables - The company's accounts receivable decreased to RMB 503.71 million from RMB 758.49 million, a reduction of 33.5%[21] - The company's inventory as of March 31, 2023, was RMB 458.16 million, down from RMB 475.92 million, reflecting a decrease of 3.1%[21] Audit Information - The company did not conduct an audit for the Q1 2023 report[28]

Financial Performance - The company's operating revenue for 2022 was ¥2,330,642,037.68, representing a 23.26% increase compared to ¥1,890,768,200.01 in 2021[17]. - The net profit attributable to shareholders was -¥323,241,416.88, a significant decrease of 1,383.87% from a profit of ¥25,177,034.90 in the previous year[17]. - The cash flow from operating activities showed a drastic decline, with a net amount of ¥2,084,774.05, down 98.53% from ¥142,159,450.35 in 2021[17]. - The total assets at the end of 2022 were ¥3,808,147,124.55, which is a 19.00% increase from ¥3,200,013,234.40 at the end of 2021[17]. - The company's basic earnings per share for 2022 was -¥0.65, compared to ¥0.05 in 2021, marking a 1,400.00% decrease[17]. - The weighted average return on equity was -24.24% in 2022, down from 1.70% in 2021, indicating a significant decline in profitability[17]. - The net profit after deducting non-recurring gains and losses was -¥337,789,731.64, a 133.40% increase in losses compared to -¥144,725,599.44 in 2021[17]. - The company reported a quarterly revenue of ¥645,994,707.00 in Q4 2022, with a net loss attributable to shareholders of -¥313,311,972.95 for the same quarter[21]. - The company's net assets attributable to shareholders decreased by 16.87% to ¥1,242,873,841.85 at the end of 2022 from ¥1,495,086,768.72 at the end of 2021[17]. - The total operating income for 2022 was 14,548,314.76 CNY, a decrease of 91.4% from 169,902,634.34 CNY in 2021[24]. New Energy Vehicle Sector - In 2022, the company's non-current asset disposal loss amounted to -1,166,908.50 CNY, compared to a gain of 112,095,817.30 CNY in 2021, indicating a significant decline in asset management performance[23]. - In the new energy vehicle sector, the company noted that in 2022, production and sales reached 705.8 million and 688.7 million units, respectively, representing year-on-year growth of 96.9% and 93.4%[31]. - The market share of new energy vehicles in China reached 25.6% in 2022, an increase of 12.1 percentage points from the previous year[31]. - The company is focusing on the development of electric drive systems, with significant advancements in core technologies for electric motors, batteries, and electronic controls[32]. - The company anticipates that permanent magnet synchronous motors will dominate the pure electric vehicle market in the coming years, while the use of asynchronous motors will gradually decline[32]. - The penetration rate of flat wire motors in China's new energy vehicle market increased from 10% in 2020 to 25% in 2021, with expectations to reach 90% by 2025, resulting in a domestic demand of approximately 7.5 million units[35]. - The installed capacity of electric motors for new energy vehicles grew 5.15 times from 141.5 thousand units in 2020 to 870.4 thousand units in 2022[36]. - The company has established partnerships with major domestic automakers, including SAIC-GM-Wuling, Geely, and XPeng Motors, and has maintained its position as the leading independent supplier of new energy drive motors for three consecutive years[43]. Research and Development - The company continues to focus on R&D in high-voltage integrated drive systems, with a commitment to achieving international leading standards in new energy motor technologies[44]. - The company has authorized 37 patents in 2022, including 2 invention patents, supporting its business development through innovation[49]. - R&D expenses increased by 19.75% to CNY 194,458,988, primarily due to higher personnel costs[65]. - R&D investment reached ¥216.90 million in 2022, a 33.57% increase from ¥162.38 million in 2021, representing 9.31% of operating revenue[67]. - The company is focusing on new technologies in high-voltage motors and continues to invest in R&D to meet customer demands[67]. Governance and Management - The company has a robust independent financial management system, with its own accounting practices and decision-making processes[96]. - The company has held 5 shareholder meetings during the reporting period, ensuring compliance with legal and regulatory requirements[91]. - The board of directors convened 10 meetings, with all members fulfilling their responsibilities diligently and independently[92]. - The company is focused on maintaining strong governance with independent directors in key positions[99]. - The management team is set to serve until 2026, ensuring continuity in leadership[99]. - The company has a diverse management team with backgrounds in engineering, finance, and public administration[103][104]. - The company has implemented stock incentive plans for its executives, with specific allocations detailed in the report[101]. - The company has established a performance-based assessment system for senior management, linking their compensation to the economic benefits and results of their respective business areas[130]. Environmental Responsibility - The company is classified as a key pollutant discharge unit, adhering to various environmental protection laws and standards[139]. - The company reported a total environmental protection tax payment of CNY 27,928.63 for the year, with quarterly payments of CNY 9,090.92, CNY 9,035.38, CNY 5,130.29, and CNY 4,672.04 respectively[144]. - The company achieved a total emission of 3,786,000 m³ for hydrogen chloride and 2,138,000 m³ for particulate matter, both within the limits set by the GB16297-1996 standard[141]. - The company implemented a low-temperature plasma purification process for welding exhaust gases, ensuring compliance with environmental standards[142]. - The company has committed to social responsibility by pursuing harmonious development with employees, society, and nature[145]. Shareholder Engagement - The company emphasizes the protection of shareholder rights, particularly for minority shareholders, ensuring their participation in significant decisions[146]. - The company has a commitment to distribute at least 10% of the annual distributable profits as cash dividends, with a cumulative distribution of no less than 30% of the average distributable profits over three years[151]. - The company is currently fulfilling its commitment to a share transfer agreement involving 15 million shares, with a restriction period of 18 months following the completion of the transfer[150]. - The company has a total of 33,038 shareholders at the end of the reporting period[185]. - The largest shareholder, Excellence Automotive Co., Ltd., holds 8.02% of the shares, totaling 40,000,000 shares, with 16,300,000 shares pledged[186]. Internal Control and Compliance - The company has implemented a comprehensive internal control system covering various areas, ensuring effective execution and compliance with regulations[131]. - The internal control self-assessment report indicates that 100% of the total assets and total revenue of the evaluated units are included in the company's consolidated financial statements[134]. - The company reported zero significant defects in both financial and non-financial reports, indicating effective internal controls[135]. - The internal control audit report issued a standard unqualified opinion, confirming the effectiveness of internal controls as of December 31, 2022[136]. - The company has established a sales policy with clear pricing principles and collection methods, with a strong emphasis on receivables management[135].

浙江方正电机股份有限公司 编号：2015-03 1 证券代码： 002196 证券简称：方正电机 浙江方正电机股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------|-------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

浙江方正电机股份有限公司 1 证券代码： 002196 证券简称：方正电机 浙江方正电机股份有限公司投资者关系活动记录表 编号：2015-05 | --- | --- | --- | |-----------------------|------------------------------------|------------------------------------------------------------------------------| | | □ | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | 其他 证券研究机构策略交流会 | | | 参与单位名称及 | 国泰君安证券 | | | 人员姓名 | | | | 时间 | 2015 年 9 月 10 | 日 16:30—17：00 | | 地点 | 深圳马可孛罗好日子酒店 | | | 上市公司接待人 员姓名 | 董秘牟健先生 | | | 投资者关系活动 | 1 | 、董秘介绍公司本次发行股份购买资产重大重组 ...

浙江方正电机股份有限公司 证券代码： 002196 证券简称：方正电机 浙江方正电机股份有限公司投资者关系活动记录表 编号：2016-01 | --- | --- | --- | |----------------|---------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------| | | | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | 其他 | | | 参与单位名称及 | | 兴业证券股份有限公司曾韬、民生加银基金管理有限公司田文涛、 | | 人员姓名 | | 上海永望资产管理有限公司张玉婧、红象 ...

浙江方正电机股份有限公司 1 证券代码： 002196 证券简称：方正电机 浙江方正电机股份有限公司投资者关系活动记录表 编号：2016-04 | --- | --- | --- | |-----------------------|--------------------------------|----------------------------------------------------------------------------------| | | | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ 媒体采访 □业绩说明会 | | | 类别 | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | 其他 | | | 参与单位名称及 | | 国海证券股份有限公司边文姣、东北证券股份有限公司孙树明、 | | 人员姓名 | | 广发证券股份有限公司纪成炜、国泰君安证券有限公司庞钧文 | | 时间 | 2016 年 12 月 13 | 日 | | 地点 | 浙江方正电机股份有限公司会议室 | | | 上市公司接待人 员姓名 | | 方正电机董秘牟 健、证券事务代表舒 ...

浙江方正电机股份有限公司 证券代码： 002196 证券简称：方正电机 浙江方正电机股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|--------------------------------|------------------------------------------------------------------| | | | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | 其他 | | | | | 中盟国际财富管理（深圳）有限公司 梅疆；信达证券股份有限公司 刘 | | 参与单位名称及 | 强； | | | 人员姓名 | | 中信证券股份有限公司 刘丹琦；中泰证券股份有限公司 邹玲玲；陆家嘴 | | | | 国际信托有限公司 谷伟；北大证券资产管理有限公司 罗阳、孟巍 | | 时间 | 2017 年 6 月 21 日 | | | 地点 | 浙江方正电机股份有限公司会议室 | | | 上市公司接待人 | ...

浙江方正电机股份有限公司 编号：2016-03 证券代码： 002196 证券简称：方正电机 浙江方正电机股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------|--------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | 其他 | | | 参与单位名称及 | | 太平洋证券股份 ...