证券代码： 002265 证券简称：西仪股份 云南西仪工业股份有限公司 中国兵器装备集团有限公司控股上市公司 2023 年 集体投资者交流会投资者关系活动记录表 编号：2023-003 投资者关系活动 □ 特定对象调研 □ 分析师会议 类别 □ 媒体采访 □ 业绩说明会 □ 新闻发布会 □ 路演活动 □ 现场参观 ☑ 其他 （投资者说明会） 参与单位名称及 中国兵器装备集团有限公司控股上市公司 2023 年集体投资者交 人员姓名 流会采用网络远程方式进行，面向全体投资者。 时间 2023 年 6 月 1 日 15:00-17:30 地点 深 圳 上市公司接待人 主持人：西仪股份 证 员姓名 董事、总经理：王自勇 券 总会计师：张诗红 交 董事会秘书：赵瑞龙 易 1.请问贵公司的发展方向在哪里？目前公司主营业务是否 所 有成长型？ " 尊敬的投资者，您好！公司将坚持实施"一核两翼"战略， 互 即以轻武器为核心，以汽车零部件、战略性新产业为两翼。 投资者关系活动 动 从轻武器来看，党的二十大要求加快实施国防科技和武器装 主要内容介绍 易 备重大工程，加快武器装备现代化。同时，2027 年建军一百年 平 奋斗目标对 ...

证券代码： 002265 证券简称：西仪股份 云南西仪工业股份有限公司 2022 年度业绩说明会投资者关系活动记录表 编号：2023-002 投资者关系活动 □特定对象调研 □ 分析师会议 类别 □ 媒体采访 √ 业绩说明会 □ 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 线上个人投资者 人员姓名 时间 2023 年 5 月 17 日 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） 上市公司接待人 党委书记、董事长：车连夫 员姓名 董事、总经理、党委副书记：王自勇 总会计师：张诗红 独立董事：陈旭东 董事会秘书：赵瑞龙 本次业绩说明会采用网络远程的方式举行，以文字互动的 方式召开。主要问题和回复如下： 1.请问公司会有股权激励计划吗？ 您好，公司计划择机实施股权激励，敬请关注公司公告，谢 投资者关系活动 谢。 主要内容介绍 2.截止目前股东人数多少？ 尊敬的投资者，您好！截止 2023 年 5 月 10 日，公司的股东 人数为 3.6 万人，谢谢。 3.西仪公司发展方向和目标有哪些？ 您好，公司以"一 ...

云南西仪工业股份有限公司董事会 1 证券代码：002265 证券简称：西仪股份 公告编号：2023-031 云南西仪工业股份有限公司 关于参加云南辖区上市公司 2022 年度投资者 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、准确和完整，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，云南西仪工业股份有限公司（以下简 称"公 司"）将参加由云南证监局、云南省上市公司协会与深圳市全景网络有限公司联合举办 的"2022 年度云南辖区上市公司投资者网上集体接待日暨集体业绩说明会"，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 （https://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 2023 年 5 月 11 日（周四）10:30-12:00。届时公司高管将在 线就公司 2022 年度业绩、公司治理、发展战略、经营状况、融资计划、股权激励和可 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。 云南西仪工业股份有限公 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥807,351,033.95, a decrease of 8.25% compared to the same period last year[6]. - Net profit attributable to shareholders was ¥111,777,383.14, an increase of 85.45% year-on-year[6]. - Basic earnings per share were ¥0.12, representing a 100% increase compared to the previous year[6]. - The company's net loss for Q1 2023 was CNY -246,177,543.70, an improvement from a loss of CNY -357,954,926.84 in the previous year[29]. - The net profit for the current period is 111,069,787.01, compared to 60,164,378.64 in the previous period, representing an increase of approximately 84.5%[30]. - The total profit for the current period is 146,427,568.41, up from 77,372,974.74 in the previous period, indicating a growth of about 89.0%[30]. - Basic and diluted earnings per share for the current period are both 0.12, compared to 0.06 in the previous period, reflecting a 100% increase[30]. - The total comprehensive income attributable to the parent company's owners is 111,777,383.14, compared to 60,274,858.27 in the previous period, representing an increase of approximately 85.5%[30]. Cash Flow - The net cash flow from operating activities was -¥252,427,001.88, showing a year-on-year increase of 37.67%[6]. - Cash inflow from operating activities reached 1,018,651,115.32, significantly higher than 425,902,335.84 in the previous period, marking an increase of approximately 139.5%[32]. - The cash outflow from operating activities totaled 1,271,078,117.20, compared to 830,906,542.97 in the previous period, reflecting an increase of about 53.0%[32]. - The net cash flow from operating activities improved to -252,427,001.88, an improvement from -405,004,207.13 in the previous period[32]. - The cash flow from investing activities showed a net outflow of -73,375,764.31, compared to -101,031,867.44 in the previous period, indicating a reduction in cash outflow[32]. - The cash flow from financing activities resulted in a net outflow of -491,335.75, contrasting with a net inflow of 4,390,492.97 in the previous period[33]. - The ending cash and cash equivalents balance is 1,668,184,656.95, down from 1,674,683,838.51 in the previous period[33]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,869,480,323.23, a decrease of 3.48% from the end of the previous year[6]. - Cash and cash equivalents decreased to CNY 1,668,184,656.95 from CNY 1,996,810,440.21, a decline of 16.43%[18]. - Inventory increased to CNY 943,402,454.60, up from CNY 864,227,317.39, representing a growth of 9.15%[18]. - The total assets decreased to CNY 6,869,480,323.23 from CNY 7,117,297,428.03, a decline of 3.48%[19]. - Total liabilities decreased to CNY 4,628,311,910.03 from CNY 4,989,657,147.37, a reduction of 7.25%[19]. - The company's equity attributable to shareholders increased by 5.47% to ¥2,202,455,376.56 compared to the end of the previous year[6]. - The company's equity attributable to shareholders increased to CNY 2,202,455,376.56 from CNY 2,088,219,647.89, an increase of 5.46%[29]. Operating Costs and Expenses - Total operating costs for Q1 2023 were CNY 800,924,065.46, down from CNY 825,271,424.05, reflecting a reduction of 2.73%[29]. - Research and development expenses for Q1 2023 were CNY 28,859,053.22, down from CNY 42,053,570.35, a decrease of 31.4%[29]. - The company reported a significant decrease in cash received from investment activities, down 99.93% year-on-year[11]. - The company recognized non-operating income of ¥100,580,345.93, after accounting for tax effects[8]. Share Issuance - The company issued 629,943,382 shares to acquire 100% equity of Chongqing Construction Industry Group, with the new shares listed on January 4, 2023[15].

Financial Performance - The company's total revenue for 2022 was approximately ¥327.46 million, a decrease of 13.5% compared to ¥378.45 million in 2021[19] - The company's operating revenue for 2022 was ¥4,255,879,554.85, a decrease of approximately 6% from ¥4,528,438,307.45 in 2021[78] - The net profit for 2022 was ¥6,580,727.07, an increase from ¥3,538,885.87 in 2021, representing an increase of approximately 86.3%[20] - The total profit for 2022 was ¥251,900.03, down from ¥3,207,477.78 in 2021, indicating a decline of approximately 92.2%[20] - The net profit attributable to shareholders for 2022 was ¥228,630,841.65, down 22.13% year-over-year[97] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥35,358,066.60, reflecting a significant decline of 438.29%[97] - The company's total assets decreased from approximately ¥8.15 billion in 2021 to ¥7.12 billion in 2022, a decline of 12.7%[12] - The total equity attributable to shareholders decreased from approximately ¥2.97 billion in 2021 to ¥2.09 billion in 2022, a decline of 29.6%[13] Cash Flow and Investments - The cash flow from operating activities for 2022 was negative at ¥-543,962,816.89, compared to a positive cash flow of ¥758,131,443.98 in 2021[22] - The cash inflow from investment activities in 2022 was ¥1,218,972,234.76, an increase from ¥954,210,000.60 in 2021, showing a growth of approximately 27.8%[22] - The company's net cash flow from investment activities improved significantly, with a net cash flow of ¥779,164,191.04 in 2022 compared to a negative cash flow of ¥-594,296,473.82 in 2021[22] - The financing activities generated a net cash inflow of approximately 62 million yuan, a significant improvement from a net outflow of about 50 million yuan in the previous year[146] Assets and Liabilities - The total liabilities decreased from approximately ¥5.17 billion in 2021 to ¥4.99 billion in 2022, a reduction of 3.5%[13] - The company's cash and cash equivalents were approximately ¥1.99 billion as of December 31, 2022, down from ¥2.69 billion at the beginning of the year, a decrease of 26.0%[11] - Inventory levels decreased significantly from approximately ¥1.52 billion in 2021 to ¥864.23 million in 2022, a decline of 43.3%[11] - The company's short-term borrowings were approximately ¥75 million at the end of 2022, down from ¥83 million at the end of 2021, a decrease of 9.6%[12] Research and Development - Research and development expenses for 2022 totaled approximately ¥15.45 million, slightly higher than ¥14.01 million in 2021, reflecting a year-over-year increase of 10.3%[19] - The company invested ¥381,243,945.94 in R&D in 2022, representing 8.96% of total revenue, an increase from 8.24% in 2021[129] - The number of R&D personnel increased to 12.86% of total employees, up from 10.00% in 2021[127] - The company has established a comprehensive R&D system with nearly 100 national and provincial-level achievements and over 100 patents[113] Strategic Focus and Future Plans - The company plans to accelerate the development of strategic emerging industries, including civil firearms and anti-terrorism products[61] - The company aims to leverage market, capital, management, talent, and brand advantages to support future growth[61] - The company has a focus on strategic collaboration and resource sharing to mitigate risks in emerging industries[61] - The company plans to expand its market presence in both domestic and international markets, particularly in the defense and automotive sectors[185] Shareholder and Equity Information - The company plans to not distribute cash dividends or issue bonus shares for the year[88] - The total equity attributable to the parent company at the end of the previous year was approximately CNY 2,983.57 million[30] - The company’s major shareholder changed to the Equipment Group after the asset restructuring in November 2022[95] - The company’s major shareholder structure changed, with Southern Industrial Asset Management's stake decreasing from 39.43% to 13.24%, while China Weapon Equipment Group's stake increased from 15.43% to 71.77%[141] Operational Challenges - The company reported a significant decrease in sales revenue, with cash received from sales in 2022 at ¥2,793,822,197.53, down from ¥4,757,942,483.08 in 2021, a decline of approximately 41.3%[22] - The company’s cash flow from operating activities in Q4 2022 was negative at -¥589,769,009.46, indicating challenges in cash generation[79] - The company faces risks related to policy changes in the defense industry, which could impact operational performance[185] Compliance and Internal Control - The report indicates that there are no discrepancies between financial reports prepared under foreign accounting standards and those under Chinese accounting standards[59] - The company emphasizes maximizing shareholder value while maintaining compliance with relevant laws and regulations[191] - The company has not identified any significant internal control deficiencies in financial reporting during the reporting period[191]

云南西仪工业股份有限公司董事会 证券代码：002265 证券简称：西仪股份 公告编号：2023-018 云南西仪工业股份有限公司 关于举行 2022 年度报告网上业绩说明会的公告 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。 1 公司董事长或总经理，财务负责人，独立董事，董事会秘书将出席本次说明会， 并在网上与投资者进行沟通。 欢迎广大投资者积极参与。 云南西仪工业股份有限公司（以下简称"公司"）将于 2023 年 5 月 17 日（星期 三）下午 15:00-17:00 在全景网举行 2022 年度报告网上业绩说明会，本次说明会将 采用网络远程方式举行，投资者可登陆全景·路演天下（http://rs.p5w.net）参与本 次说明会。 特此公告。 云南西仪工业股份有限公司董事会 2023 年 4 月 25 日 ...

Financial Performance - Revenue for Q3 2022 was CNY 182,467,903.40, an increase of 4.14% year-on-year, while year-to-date revenue decreased by 7.17% to CNY 545,730,415.56[7] - Net profit attributable to shareholders for Q3 2022 was CNY 2,747,255.04, a significant increase of 314.72% year-on-year, but year-to-date net profit remained negative at CNY -8,245,677.28, down 2.28%[7] - The company reported a basic and diluted earnings per share of CNY 0.0086 for Q3 2022, reflecting a 315% increase year-on-year[7] - Total operating revenue for the third quarter was CNY 545,730,415.56, a decrease of 7.2% from CNY 587,869,682.07 in the previous year[36] - Net loss for the period was CNY 8,397,666.43, compared to a net loss of CNY 8,000,004.99 in the same period last year[38] - Basic earnings per share for the current period were -0.0259, compared to -0.0253 in the previous period[41] Assets and Liabilities - Total assets as of the end of Q3 2022 were CNY 1,368,297,587.53, representing a 2.77% increase from the end of the previous year[7] - Total assets reached CNY 1,368,297,587.53, an increase from CNY 1,331,396,971.14[34] - Total liabilities amounted to CNY 498,842,571.86, compared to CNY 451,995,028.21 in the previous year, indicating an increase of 10.3%[34] - The company’s total liabilities increased, with accounts payable rising by 144.06% compared to the beginning of the period, mainly due to increased bank acceptance bill payments[13] - The company has seen an increase in accounts payable, which rose to CNY 164,144,484.44 from CNY 174,004,926.04[34] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 45,806,192.57, an increase of 29.58% compared to the same period last year[7] - Net cash flow from operating activities was 45,806,192.57, an increase from 35,350,250.29 in the previous period, representing a growth of approximately 29.2%[43] - Cash inflow from operating activities totaled 449,847,639.52, down from 470,762,102.84, indicating a decrease of about 4.3%[43] - Cash outflow from operating activities was 404,041,446.95, compared to 435,411,852.55 in the previous period, reflecting a decrease of approximately 7.2%[43] - Net cash flow from investing activities was -50,383,641.75, worsening from -28,688,902.04 in the previous period[46] - Cash inflow from financing activities was 66,931,104.21, down from 74,930,417.02, a decline of about 10.5%[46] - Cash outflow from financing activities totaled 75,856,011.51, compared to 141,167,397.18 in the previous period, indicating a decrease of approximately 46.3%[46] - The ending balance of cash and cash equivalents was 82,800,825.79, an increase from 62,886,376.95 in the previous period[46] Research and Development - The company’s R&D expenses increased by 56.33% year-on-year, indicating a stronger focus on innovation and development[14] - Research and development expenses increased to CNY 33,243,752.10, up from CNY 21,265,670.91, representing a growth of 56.5%[36] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,815, indicating a stable shareholder base[20] - The company has a significant shareholder structure, with Southern Industrial Asset Management holding 39.43% and China Weapon Equipment Group holding 15.93%[23] Strategic Plans - The company plans to issue shares and pay cash to acquire assets, which is part of its strategy for market expansion and strengthening its position in the industry[24] - The company plans to focus on market expansion and new product development in the upcoming quarters[36] - The company is in the process of restructuring and has received necessary approvals from relevant authorities, indicating a strategic focus on growth and consolidation[27] Other Financial Metrics - The company’s cash and cash equivalents decreased to CNY 82,800,825.79 from CNY 96,383,202.52, a decline of about 14.0%[29] - Fixed assets decreased to CNY 572,064,436.00 from CNY 618,063,629.09, reflecting a reduction of approximately 7.4%[29] - The company’s non-current assets include investment properties valued at CNY 8,578,226.25, down from CNY 9,277,189.74, showing a decrease of about 7.5%[29] - The company’s cash paid for fixed asset purchases decreased by 57.15% year-on-year, reflecting a strategic shift in capital expenditure[16] - Total current assets of CNY 597,513,955.23 as of September 30, 2022, an increase from CNY 554,542,679.07 at the beginning of the year, reflecting a growth of approximately 7.9%[29] - Accounts receivable increased to CNY 226,425,034.52 from CNY 197,245,655.40, representing a growth of about 14.8% year-over-year[29] - Inventory levels rose to CNY 190,892,294.25, up from CNY 179,733,707.28, indicating an increase of approximately 6.5%[29] Audit Information - The company did not undergo an audit for the third quarter report[47]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥363,262,512.15, a decrease of 11.97% compared to ¥412,655,781.95 in the same period last year[26]. - The net profit attributable to shareholders of the listed company was -¥10,992,932.32, representing a decline of 62.08% from -¥6,782,548.05 in the previous year[26]. - The basic and diluted earnings per share were both -¥0.035, a decrease of 66.67% from -¥0.021 in the previous year[26]. - The total profit for the first half of 2022 was -26,430,580.35 yuan, worsening from -21,222,617.98 yuan year-over-year[167]. - The total comprehensive income for the first half of 2022 was -26,430,580.35 yuan, compared to -21,222,617.98 yuan in the previous year, indicating a decline in overall financial performance[167]. Cash Flow - The net cash flow from operating activities increased by 60.95% to ¥49,199,522.95, compared to ¥30,567,410.81 in the same period last year[26]. - The company reported a net cash flow from operating activities of ¥49,199,522.95, an increase of 60.95% compared to ¥30,567,410.81 in the previous year[43]. - The company incurred total cash outflows from operating activities of 273,110,241.49 yuan, compared to 313,720,673.19 yuan in the prior year, indicating cost management efforts[168]. - The net increase in cash and cash equivalents was 6,912,934.90 yuan, contrasting with a decrease of -54,157,294.53 yuan in the previous year, reflecting improved liquidity[172]. - The total cash and cash equivalents at the end of the period stood at 54,067,589.60 CNY, down from 69,711,975.75 CNY, representing a decrease of about 22.5%[175]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,336,394,270.28, a slight increase of 0.38% from ¥1,331,396,971.14 at the end of the previous year[26]. - The total equity attributable to shareholders decreased to CNY 867,583,508.27 from CNY 879,745,346.18[147]. - The company’s total liabilities reached CNY 469,147,165.68, up from CNY 451,995,028.21[147]. - The total current assets reached ¥564,121,419.25, up from ¥554,542,679.07, representing an increase of approximately 1.0%[141]. - The company reported a decrease in retained earnings of 17,630,553.46, highlighting challenges in profitability[191]. Operational Efficiency - The cost of goods sold was ¥305,900,220.31, down 11.92% from ¥347,305,795.76, primarily due to a decline in the production and sales volume of connecting rods[43]. - The gross profit margin for the mechanical manufacturing sector was 15.79%, reflecting a decrease of 0.81% year-on-year[47]. - Research and development investment increased by 1.12% to ¥21,504,700.61, compared to ¥21,265,670.91 in the previous year[43]. - Operational efficiency improvements have led to a reduction in costs by 5%, positively impacting the overall profit margin[200]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6]. - The company aims to enhance its competitive advantage through continuous technological training and internal incentives[37]. - The company is exploring potential acquisitions to enhance its product portfolio and market share, with a budget of 300 million yuan for strategic investments[200]. - The company has allocated 100 million yuan for R&D in new technologies, focusing on automation and efficiency improvements[200]. Market Position and Competition - The company has established a strong customer base, including major domestic automotive manufacturers such as Changan Automobile and SAIC Group[38]. - The company faces market competition risks and has implemented measures to enhance customer demand information collection and marketing strategies[64]. - The company has nearly 25 flexible connecting rod machining production lines and four specialized subsidiaries, indicating significant scale advantages in the domestic market[38]. Governance and Compliance - There were no changes in the company's board of directors, supervisors, or senior management during the reporting period[71]. - The company did not implement any employee stock ownership plans or other incentive measures during the reporting period[73]. - The company and its subsidiaries are not classified as key pollutant discharging units and did not face any administrative penalties for environmental issues during the reporting period[77]. - The semi-annual financial report was not audited[86]. Future Outlook - Future guidance indicates a projected revenue growth of 18% for the full year 2022, with a target of 1.5 billion yuan[200]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% growth in that region by 2023[200].

Financial Performance - The company's operating revenue for Q1 2022 was ¥217,435,520.31, a decrease of 2.14% compared to ¥222,189,368.42 in the same period last year[2] - Net profit attributable to shareholders was ¥453,174.83, representing a significant increase of 129.80% from a loss of ¥1,520,935.13 in the previous year[2] - Operating profit for the current period was ¥1,218,897.25, compared to a loss of ¥971,733.33 in the previous period[22] - Net profit for the current period was ¥455,273.23, a significant recovery from a net loss of ¥1,448,529.44 in the previous period[22] - Basic and diluted earnings per share for the current period were both ¥0.0014, compared to a loss of ¥0.0048 in the previous period[23] Cash Flow - The net cash flow from operating activities improved by 52.87%, amounting to -¥6,521,859.57 compared to -¥13,837,372.62 in the prior year[2] - Cash inflow from operating activities totaled ¥159,618,838.46, up from ¥134,116,864.82 in the previous period[27] - Cash flow from operating activities showed a net outflow of ¥6,521,859.57, an improvement from a net outflow of ¥13,837,372.62 in the previous period[27] - Cash outflow for investing activities was ¥25,459,134.32, compared to ¥13,931,147.54 in the previous period[27] - Cash flow from financing activities resulted in a net outflow of ¥609,507.03, an improvement from a net outflow of ¥27,512,467.89 in the previous period[27] - The net increase in cash and cash equivalents for Q1 2022 was -32,650,080.45 CNY, compared to -54,227,074.31 CNY in Q1 2021, indicating an improvement[28] - The ending balance of cash and cash equivalents as of Q1 2022 was 63,639,882.41 CNY, down from 68,484,476.96 CNY in the same period last year[28] - The beginning balance of cash and cash equivalents for Q1 2022 was 96,289,962.86 CNY, compared to 122,711,551.27 CNY in Q1 2021[28] - The impact of exchange rate fluctuations on cash and cash equivalents was -59,579.53 CNY in Q1 2022, compared to -161,987.26 CNY in Q1 2021, showing a reduced negative impact[28] Assets and Liabilities - Total assets increased by 3.36% to ¥1,376,135,973.11 from ¥1,331,396,971.14 at the end of the previous year[2] - The company's equity attributable to shareholders rose by 1.75% to ¥895,134,052.95 from ¥879,745,346.18 at the end of the last year[2] - The company's current assets totaled RMB 604,754,718.53, up from RMB 554,542,679.07 at the beginning of the year, indicating an increase of about 9.05%[17] - Accounts receivable increased to RMB 243,959,583.15 from RMB 197,245,655.40, representing a growth of approximately 23.73%[16] - Inventory rose to RMB 199,195,087.24, compared to RMB 179,733,707.28 at the beginning of the year, marking an increase of about 10.83%[17] - The total liabilities of the company were RMB 481,343,225.01, up from RMB 451,995,028.21, which is an increase of approximately 6.43%[18] - The company's net loss for the period was reduced to RMB -48,444,524.08 from RMB -65,135,165.28, showing an improvement of about 25.56%[18] Financial Management - The company reported a 58.2% decrease in financial expenses, primarily due to reduced interest expenses and exchange losses[6] - Cash received from tax refunds increased by 143.6%, indicating improved cash flow management[7] - The company experienced a 36.30% increase in cash paid for purchasing goods and services, reflecting higher operational activity[7] - The company reported a tax expense of ¥590,084.31, down from ¥2,015,058.74 in the previous period[22] Corporate Actions - The company is in the process of a major asset restructuring, planning to acquire 100% equity of Chongqing Construction Industry (Group) Co., Ltd. from China Weapon Equipment Group[14] - The company has completed the asset evaluation and is preparing for a temporary shareholders' meeting to discuss the restructuring plan[14] Other Information - The first quarter report for 2022 was not audited[29]

Financial Performance - The company's operating revenue for 2021 was ¥784,474,602.02, representing a 22.75% increase compared to ¥639,082,821.38 in 2020[25] - The net profit attributable to shareholders for 2021 was ¥6,230,926.81, a significant recovery from a loss of ¥58,768,573.45 in 2020, marking a 110.60% improvement[25] - The net cash flow from operating activities was ¥82,514,567.98, up 18.99% from ¥69,345,775.84 in the previous year[25] - The basic earnings per share for 2021 was ¥0.02, compared to a loss of ¥0.18 per share in 2020, reflecting a 111.11% increase[25] - Total assets at the end of 2021 were ¥1,331,396,971.14, a slight decrease of 1.02% from ¥1,345,104,208.25 at the end of 2020[25] - The net assets attributable to shareholders increased to ¥879,745,346.18, a 0.53% rise from ¥875,090,592.60 in 2020[25] - The company reported a significant reduction in non-recurring losses, with the net profit excluding non-recurring items at -¥6,568,539.71, an improvement of 90.63% from -¥70,079,807.71 in 2020[25] - The weighted average return on net assets improved to 0.71% in 2021 from -6.48% in 2020[25] Revenue Breakdown - In 2021, the company's revenue from connecting rods reached ¥693.6184 million, a year-on-year increase of 27.20%, with a gross margin of 17.70%, up 8.95%[36] - Revenue from other industrial products was ¥49.4412 million, a year-on-year decrease of 25.52%, with a gross margin of -3.42%, down 13.68%[36] - The automotive connecting rod segment accounted for 88.42% of total revenue, generating ¥693,618,446.07, with a year-on-year growth of 27.20%[44] - The gross profit margin for automotive connecting rods improved to 17.70%, an increase of 8.95% compared to the previous year[44] - Revenue from other industrial products decreased by 25.52% to ¥49,441,248.28, with a negative gross profit margin of -3.42%[44] Investment and R&D - Research and development expenses rose by 28.55% to ¥43,669,778.99 in 2021[53] - The company's R&D investment amounted to ¥43,669,778.99 in 2021, representing a 34.35% increase from ¥32,503,796.32 in 2020[55] - R&D expenditure accounted for 5.57% of operating revenue in 2021, up from 5.09% in 2020, indicating a 0.48% increase[55] - The company completed the development of 20 new rod products in 2021, achieving mass production for 7 products and small batch production for 2 products[55] - The company is investing 100 million CNY in R&D for new technologies aimed at enhancing product efficiency[97] Market Strategy and Expansion - The company focuses on expanding its market share in the mid-to-high-end passenger car connecting rod market, optimizing product structure for increased profitability[38] - The company aims to achieve a revenue target of RMB 780,000,000 and a net profit of RMB 2,400,000 for the year 2022[81] - Market expansion plans include entering two new provinces in 2022, targeting a 5% market share in these regions[97] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[105] - A strategic acquisition of a local competitor is being considered to enhance market capabilities and product offerings[107] Risk Management - The company has identified management risks and accounts receivable risks, advising investors to be cautious[7] - The company faces risks related to reliance on national orders due to its industrial products operating under a franchise system[84] - Human resource challenges include difficulties in attracting high-level management and technical talent, impacting management performance and market competitiveness[84] - Stock market volatility poses risks to investment returns, influenced by macroeconomic factors and investor sentiment, necessitating risk awareness among investors[84] - There is a risk of goodwill impairment following significant asset restructuring, which could adversely affect the company's operating performance if future earnings are not realized[84] Corporate Governance and Management - The management team has undergone changes, with new appointments aimed at strengthening leadership and operational efficiency[102] - The company has implemented a new performance-based incentive structure for its executives, with an average salary increase of 10% for top management[108] - The total pre-tax compensation for the chairman and general manager was 38.47 million and 36.37 million yuan respectively[110] - The total compensation for directors, supervisors, and senior management during the reporting period amounted to 222.54 million yuan[111] - The board of directors held five meetings during the reporting period, with all members present at least once[117] Compliance and Internal Control - There were no major defects identified in the internal control system, with both financial and non-financial reports showing zero significant defects[136] - The internal control audit report confirmed that the company maintained effective internal controls in all material aspects as of December 31, 2021[139] - The company plans to enhance its internal control system to adapt to its development needs and comply with national laws and regulations[132] - The company has not faced any penalties from regulatory bodies for its board members in the past three years, indicating strong compliance[107] Shareholder Information - The company reported a total share capital of 318,566,172 shares, with 95.81% being unrestricted shares[189] - The largest shareholder, Southern Industrial Asset Management Co., Ltd., holds 39.43% of the shares, totaling 125,605,626 shares[197] - China Weapon Equipment Group Co., Ltd. is the second-largest shareholder with a 15.93% stake, amounting to 50,756,653 shares[197] - The company has 62,465 total shareholders at the end of the reporting period[196] - There were no new securities issued during the reporting period[194]