证券代码：002283 证券简称：天润工业 天润工业技术股份有限公司投资者关系活动记录表 编号：2023-005 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活动 □新闻发布会 □路演活动 类别 现场参观 其他（中小投资者走进上市公司活动） 海通证券及中小投资者共 28 人。 上市公司接待人员： 活动参与人员 董事、董秘、副总经理、财务总监：刘立 证券办公室部长：冯春 证券专员：吕旭艺 时间 2023 年 7 月 8 日（星期六） 9:30-11:30 地点 天润工业技术股份有限公司（山东省威海市文登区天润 路 2-13 号） 形式 现场会议 一、公司简介： 公司董事会秘书刘立女士就公司发展情况、经营情 况及其他情况进行简要介绍。 交流内容及具体 二、现场互动问答主要内容： 问答记录 问：公司发布了半年度业绩预告，预计增长 50%-70%， 请问业绩增长的原因是什么？ 答：公司经营情况与行业周期变化同步，今年重卡 行业相关企业上半年业绩都比较不错。今年国五车的库 存消化完毕、经济以及运输物流的复苏都给重卡行业一 个拉力，前三年虽然国际形势不好，还受疫情影响，还 有能源涨价，原材料涨价，但是 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥984,952,152.63, representing a 5.90% increase compared to ¥930,100,163.77 in the same period last year[4]. - Net profit attributable to shareholders for Q1 2023 was ¥104,904,685.84, an increase of 11.85% from ¥93,789,213.80 in the previous year[4]. - Basic earnings per share for Q1 2023 increased to ¥0.09, a 12.50% rise from ¥0.08 in the previous year[4]. - Total operating revenue for Q1 2023 reached CNY 984,952,152.63, an increase of 5.1% compared to CNY 930,100,163.77 in Q1 2022[21]. - Net profit for Q1 2023 was CNY 104,674,820.98, representing a 12.5% increase from CNY 93,439,445.00 in the same period last year[22]. - Total comprehensive income for the period reached ¥104,683,354.14, an increase from ¥93,462,343.74 in the previous period, reflecting a growth of approximately 11.9%[23]. - Basic and diluted earnings per share improved to ¥0.09, up from ¥0.08 in the same period last year, indicating a 12.5% increase[23]. Cash Flow - The net cash flow from operating activities for Q1 2023 was ¥58,075,423.04, up 15.57% from ¥50,251,259.20 in the same period last year[4]. - Cash inflow from operating activities totaled ¥1,075,096,211.78, down from ¥1,497,222,801.44, a decrease of approximately 28.2%[26]. - Cash outflow from operating activities was ¥1,017,020,788.74, compared to ¥1,446,971,542.24, reflecting a decrease of about 29.7%[26]. - The net cash flow from investing activities for Q1 2023 was -¥195,791,200.00, a decrease of 41.33% compared to the previous year, primarily due to reduced bank wealth management redemptions[12]. - Net cash flow from investing activities was -¥195,791,206.80, worsening from -¥57,258,723.75 in the previous year[26]. - Cash and cash equivalents decreased to ¥738,612,209.49 from ¥959,199,150.80 at the beginning of the year, a decline of approximately 23.0%[17]. - Cash and cash equivalents at the end of the period stood at ¥489,559,313.99, a decrease from ¥734,001,370.22 at the beginning of the period[26]. - Cash inflow from financing activities amounted to ¥166,500,000.00, an increase from ¥113,954,792.80 in the previous year[26]. - Cash outflow from financing activities was ¥275,610,729.25, compared to ¥154,062,493.95 in the previous year, indicating an increase of approximately 79.0%[26]. Assets and Liabilities - Total assets at the end of Q1 2023 were ¥8,114,958,235.26, reflecting a 1.66% increase from ¥7,982,522,035.66 at the end of the previous year[4]. - Current liabilities totaled CNY 2,189,746,588.97, slightly up from CNY 2,156,329,302.39, indicating a 1.5% increase[19]. - The company reported a significant increase of 156.53% in trading financial assets, rising to ¥232,123,600.00 due to increased investment in financial products[9]. - Trade receivables increased to ¥1,352,713,351.44 from ¥1,089,457,857.32, representing a growth of about 24.2%[17]. - The company reported a total of ¥58,357,503.45 in prepayments, up from ¥36,250,102.13, reflecting a growth of approximately 60.9%[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,299[13]. - The largest shareholder, Tianrun United Group, holds 15.36% of the shares, totaling 72,500,000 shares[13]. - The company has a total of 101,646,694 shares held by individual shareholder Xing Yunbo, representing 11.89% of the total shares[13]. - The top ten shareholders hold a combined total of 51.63% of the company's shares, indicating a concentrated ownership structure[14]. - The company has terminated the agreement on concerted action among major shareholders as of February 13, 2023[15]. - The company has no preferred shareholders as of the reporting period[15]. Expenses - Total operating costs amounted to CNY 867,895,000.28, up from CNY 819,527,908.75, reflecting a year-over-year increase of 5.9%[21]. - Research and development expenses for Q1 2023 were CNY 58,628,589.33, an increase of 6.4% from CNY 55,247,726.69 in Q1 2022[22]. - The company reported a gross profit margin of approximately 11.9% for Q1 2023, compared to 10.5% in Q1 2022[21]. - The company reported a 321.29% increase in financial expenses, amounting to ¥3,171,700.00, due to higher loan interest rates compared to the previous year[10]. - Financial expenses for the quarter were CNY 3,171,706.12, compared to a financial income of CNY 1,433,310.10 in the previous year, indicating a significant shift in financial performance[22]. Audit Information - The company did not undergo an audit for the first quarter report[27].

Group 1: Company Overview and Financial Performance - Tianrun Industrial's air suspension revenue for 2022 was approximately 196.8 million yuan [3] - The company developed 13 new customers in 2022, including 4 semi-trailer customers and 4 commercial vehicle customers [3] - The air suspension business achieved revenues of 58 million yuan, 204 million yuan, and 197 million yuan in 2020, 2021, and 2022 respectively [8] Group 2: Market Trends and Projections - The heavy truck market is projected to sell approximately 850,000 to 900,000 units in 2023, with an upward trend expected for the next three to five years [6] - The company aims to continue expanding its main business while exploring new opportunities that align with existing operations [6] Group 3: Technological Development and Innovation - Since 2019, the company has been developing smart factories and exploring AI applications in quality assessment, safety monitoring, and energy management [3] - The company has an automation coverage rate of 81% in its production lines [5] Group 4: Product Development and Market Position - The company is actively developing new products and customers each year, with updates provided in semi-annual and annual reports [5] - Air suspension systems are currently underutilized in the commercial vehicle market, with significant growth potential as regulations evolve [8]

证券代码：002283 证券简称：天润工业 编号：2023-010 欢迎广大投资者积极参与本次网上说明会。 1 （问题征集专题页面二维码） 天润工业技术股份有限公司 关于举行 2022 年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公告的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 天润工业技术股份有限公司（以下简称"公司"）定于 2023 年 4 月 3 日（星期一）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"（https://ir.p5w.net）参与本次年度业绩说明会。 出席本次说明会的人员有：公司董事、总经理徐承飞先生，独立董事 曲国霞女士，董事、董事会秘书、副总经理、财务总监刘立女士。 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 3 月 30 日（星期四）下午 17:00 前访问 https://ir.p5w.net/zj/， 或扫描下方二维码，进入问 ...

Group 1: Company Overview - Tianrun Industrial Technology Co., Ltd. is engaged in the commercial vehicle sector, with signs of recovery observed in early 2023 [2] - The transition from National V to National VI standards has previously led to high inventory levels, which are now being addressed [2] Group 2: Industry Outlook - The commercial vehicle industry is expected to grow by 20% to 30% over the next three to five years due to factors such as inventory clearance, economic recovery post-pandemic, and normal replacement cycles [2] - The exit of National IV vehicles from the market will create additional capacity, benefiting National VI vehicles [2] Group 3: Investor Relations Activity - The investor relations activity was conducted via a conference call on March 21, 2023, with participation from various analysts and investment firms [2][5][6][7] - No significant undisclosed information was shared during the meeting, adhering to regulatory requirements [4]

Financial Performance - The company's operating revenue for 2022 was ¥3,136,328,263.31, a decrease of 33.56% compared to ¥4,720,678,518.83 in 2021[6]. - The net profit attributable to shareholders for 2022 was ¥203,586,593.41, down 62.39% from ¥541,282,078.47 in 2021[6]. - The cash flow from operating activities for 2022 was ¥582,110,533.08, a decline of 44.92% compared to ¥1,056,791,137.61 in 2021[6]. - The basic earnings per share for 2022 was ¥0.18, a decrease of 63.27% from ¥0.49 in 2021[6]. - Total assets at the end of 2022 were ¥7,982,522,035.66, down 10.07% from ¥8,876,430,800.71 at the end of 2021[6]. - The net asset attributable to shareholders at the end of 2022 was ¥5,625,518,914.73, an increase of 1.70% from ¥5,531,481,163.90 at the end of 2021[6]. - The company reported a total revenue of 192.33 million in 2022, reflecting a growth of 15.3% compared to the previous year[112]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion yuan for the fiscal year, representing a 15% year-over-year growth[118]. Market and Industry Trends - In 2022, the automotive industry saw a production and sales increase of 3.4% and 2.1%, respectively, with total production reaching 27.02 million vehicles[29]. - The commercial vehicle market experienced a significant decline, with production and sales down 31.9% and 31.2%, respectively, totaling 3.18 million vehicles[29]. - Heavy-duty truck sales fell by 52% in 2022, with total sales of 671,900 units[30]. - The domestic truck sales in 2022 were 2.89 million units, a year-on-year decrease of 32.6%, with heavy truck sales dropping by 52%[32]. - The sales volume of new energy vehicles in China reached 6.55 million units, a year-on-year increase of 94.3%, with a market share of 25.6%, up 12.1 percentage points from the previous year[32]. Business Operations and Strategy - The company’s business scope includes the production and sales of crankshafts, machine tools, and mechanical parts, as well as road freight transportation[18]. - The company operates in various segments including crankshafts, connecting rods, castings, and air suspension systems, with a strong market presence in over 20 countries[34]. - The company has established a strong R&D capability, collaborating with customers to develop new products and improve existing ones to enhance market competitiveness[38]. - The company operates an order-driven production model, fulfilling orders from major domestic and international engine manufacturers[39]. - The company plans to invest in new production lines for rubber suspension and semi-trailer air suspension, as well as a laboratory for passenger car air suspension in 2023[41]. - The company aims to maintain a market share of over 60% in the heavy-duty crankshaft segment while expanding into international markets[91]. - The company plans to focus on developing core products and technologies in the air suspension system sector, aiming to lead the domestic commercial vehicle air suspension technology[92]. Research and Development - The company holds 332 patents, including one US invention patent, and has participated in the formulation of 21 national and industry standards[46]. - The company completed several key R&D projects, including high-performance ductile iron materials and crankshaft processing characteristics, aimed at enhancing competitiveness and increasing sales revenue[67]. - Ongoing R&D projects include the development of non-quenched steel for heavy-duty internal combustion engines and high-temperature wear-resistant materials[67]. - The company is focusing on R&D, allocating 5% of its revenue towards innovation and technology advancements[118]. Corporate Governance - The governance structure remains compliant with relevant laws and regulations, ensuring no discrepancies with the China Securities Regulatory Commission's guidelines[106]. - The board of directors consists of 9 members, including 3 independent directors, ensuring a balanced governance framework[104]. - The company has established a transparent performance evaluation and incentive mechanism for senior management, aligning with legal requirements[105]. - The company has committed to continuous improvement in corporate governance and internal control systems[106]. - The company has established a complete and independent financial accounting system, with no shared bank accounts with controlling shareholders, and complies with independent tax obligations[108]. Environmental Responsibility - The company actively responded to environmental protection measures and implemented a series of initiatives to enhance its environmental management system, achieving ISO 14001 certification[158]. - The company has established a dedicated department for environmental protection, separating its management functions to improve oversight and compliance[158]. - Monthly environmental inspections were conducted to ensure adherence to pollution prevention measures and reduce environmental risks[158]. - The company has committed to continuous improvement in environmental management, aligning with national laws and regulations[158]. Employee and Community Engagement - The company donated 3.003 million yuan to the Weihai City Charity Association and provided 11.6 million yuan in scholarships for employees' children[166]. - The company has established a governance structure that ensures shareholder rights and transparent decision-making processes[162]. - The company actively participates in social responsibility initiatives, including poverty alleviation and educational support[166]. Financial Management - The company has implemented a continuous and stable profit distribution policy, with a cash dividend of 0.50 yuan per 10 shares (including tax), totaling 55,902,639.50 yuan for the year[145]. - The company’s profit available for distribution was 2,175,905,778.49 yuan, with cash dividends accounting for 100% of the total profit distribution[145]. - The company’s debt-to-equity ratio improved to 0.5, indicating a stronger financial position and reduced reliance on debt financing[99]. Future Outlook - The company provided guidance for 2023, projecting revenue growth of 10% to 1.32 billion, driven by new product launches and market expansion efforts[99]. - The company anticipates a recovery in the heavy-duty truck market, projecting sales to reach 900,000 units in 2023, a 32% increase year-on-year[90]. - The company plans to explore new markets and products, particularly in lightweight materials and new technologies, to drive innovation and growth[91].

Group 1: Company Overview - Tianrun Crankshaft Co., Ltd. is facing a challenging market environment in 2015, particularly in the heavy-duty truck industry, which is expected to be difficult [2][3]. - The company aims to strengthen its development of new customers and products to counteract the negative impacts of macroeconomic factors [3]. Group 2: Financial Performance - In Q1 2015, the company reported a revenue of 377 million yuan, a decrease of 17.50% compared to the same period last year [2]. - The heavy-duty engine crankshaft revenue accounts for approximately 75%-78% of the total revenue [3]. Group 3: Production and Capacity - The company is set to complete its marine crankshaft forging production line by October 2015, which will allow for sample production [3][4]. - There are currently six non-public fundraising projects, with five already completed [4]. Group 4: Market Strategy - The company does not sell directly to end customers but rather through downstream customers [4]. - In light of the current industry downturn, the company is unlikely to pursue new financing for production line construction and will focus on optimizing existing capacity [4].

Group 1: Company Overview - Tianrun Crankshaft Co., Ltd. is focused on the production of crankshafts and connecting rods, with a product structure that includes heavy-duty, medium-duty, light-duty trucks, passenger cars, and marine crankshafts [3][4]. - The company aims to become the largest manufacturer of light-duty engine crankshafts in China within 3-5 years and the largest passenger car crankshaft production base [5]. Group 2: Market Performance - The heavy-duty truck crankshaft segment accounts for approximately 55% of the company's revenue, while the domestic market share for heavy-duty engine crankshafts exceeds 50% [5][6]. - The company has seen significant growth in orders for crankshafts and connecting rods, with sales revenue rising in tandem due to new products and customers developed over the past few years [4][6]. Group 3: Production Capacity and Strategy - The company has adjusted its product structure to focus on multiple segments, including heavy-duty and light-duty trucks, and is committed to developing international high-end quality customers [4][7]. - Current production capacity for connecting rods is 400,000 units, which meets the current order demand [9]. Group 4: Customer Base and Partnerships - Major domestic customers include Beiqi Foton, Yunnei, and Yangchai, while international clients include Daimler, Cummins, and Caterpillar [6][7]. - The partnership with Daimler has strengthened, with significant increases in orders this year compared to the previous year [7][8]. Group 5: Market Concerns and Future Outlook - There are concerns regarding the heavy-duty truck market potentially declining, but the company has maintained strong order demand, with monthly shipments increasing [9]. - The company is focused on expanding its international market presence while solidifying its position as a leader in the domestic market [7][9].

Important Disclosures [Statement on Report Authenticity](index=1&type=section&id=%E8%91%A3%E4%BA%8B%E4%BC%9A%E3%80%81%E7%9B%91%E4%BA%8B%E4%BC%9A%E5%8F%8A%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E4%BF%9D%E8%AF%81%E5%AD%A3%E5%BA%A6%E6%8A%A5%E5%91%8A%E7%9A%84%E7%9C%9F%E5%AE%9E%E3%80%81%E5%87%86%E7%A1%AE%E3%80%81%E5%AE%8C%E6%95%B4) The company's board of directors, supervisory board, and all senior management declare this quarterly report's content to be true, accurate, and complete, assuming legal responsibility - The Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report and assume legal responsibility[4](index=4&type=chunk) - The company's responsible person, chief accountant, and head of accounting department declare the financial information to be true, accurate, and complete[4](index=4&type=chunk) [Audit Status](index=1&type=section&id=%E7%AC%AC%E4%B8%89%E5%AD%A3%E5%BA%A6%E6%8A%A5%E5%91%8A%E6%98%AF%E5%90%A6%E7%BB%8F%E8%BF%87%E5%AE%A1%E8%AE%A1) This company's 2022 third-quarter report has not been audited - The company's third-quarter report is **unaudited**[5](index=5&type=chunk) Key Financial Data [Key Accounting Data and Financial Indicators](index=2&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) The company experienced significant year-over-year declines in Q3 2022 and year-to-date revenue and net profit attributable to shareholders Key Financial Indicators for Q3 2022 and Year-to-Date | Indicator | Current Period (CNY) | YoY Change (%) | Year-to-Date (CNY) | YTD YoY Change (%) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 770,901,313.95 | -23.04% | 2,342,044,688.03 | -41.81% | | Net Profit Attributable to Shareholders | 30,655,724.47 | -76.81% | 161,625,893.38 | -63.58% | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | 31,670,275.58 | -76.19% | 174,992,648.59 | -59.24% | | Net Cash Flow from Operating Activities | — | — | 416,496,767.47 | -7.46% | | Basic Earnings Per Share (CNY/Share) | 0.02 | -81.82% | 0.14 | -64.10% | | Diluted Earnings Per Share (CNY/Share) | 0.02 | -81.82% | 0.14 | -64.10% | | Weighted Average Return on Net Assets | 0.54% | -1.95% | 2.88% | -5.65% | | **End of Current Period** | **End of Prior Year** | **Change from Prior Year-End (%)** | | | | Total Assets (CNY) | 8,070,849,817.19 | 8,876,430,800.71 | -9.08% | | | Equity Attributable to Shareholders (CNY) | 5,583,289,272.10 | 5,531,481,163.90 | 0.94% | | [Non-Recurring Gains and Losses](index=2&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%20%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) Non-recurring gains and losses for the period were negative, primarily due to asset disposal losses, fair value changes, and other non-operating items Non-Recurring Gains and Losses for Q3 2022 and Year-to-Date | Item | Current Period Amount (CNY) | Year-to-Date Amount (CNY) | | :--- | :--- | :--- | | Non-current Asset Disposal Gains and Losses | -2,501,964.34 | -5,972,555.61 | | Government Subsidies Included in Current Profit/Loss | 4,610,329.42 | 11,941,249.82 | | Gains and Losses from Entrusted Investment or Asset Management | 1,417,721.84 | 6,016,551.47 | | Gains and Losses from Fair Value Changes of Trading Financial Assets/Liabilities, and Investment Income from Disposal of Trading/Available-for-Sale Financial Assets | -3,761,188.40 | -24,918,028.34 | | Other Non-Operating Income and Expenses Apart from the Above | -1,050,000.00 | -3,015,458.47 | | Less: Income Tax Impact | -270,550.37 | -2,412,265.23 | | Total | -1,014,551.11 | -13,366,755.21 | [Analysis of Changes in Key Accounting Data and Financial Indicators](index=3&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) Multiple key indicators across the balance sheet, income statement, and cash flow statement showed significant changes, driven by factors such as reduced bank acceptance deposits, increased wealth management product purchases, decreased heavy truck market demand, and foreign exchange gains Balance Sheet Key Item Changes and Reasons (Period-End vs. Year-Start Balance) | Item | Period-End Balance (CNY 10k) | Year-Start Balance (CNY 10k) | Change (%) | Primary Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Monetary Funds | 27,431.75 | 71,011.14 | -61.37% | Primarily due to a decrease in bank acceptance deposits during the period | | Trading Financial Assets | 70,143.64 | 47,895.44 | 46.45% | Primarily due to an increase in wealth management product purchases compared to the beginning of the year | | Other Current Assets | 656.01 | 3,610.80 | -81.83% | Primarily due to a decrease in the ending balance of VAT input tax credit during the period | | Construction in Progress | 44,748.16 | 31,484.57 | 42.13% | Primarily due to an increase in equipment purchases during the period | | Other Non-current Assets | 725.00 | 13,011.81 | -94.43% | Primarily due to equipment purchased in the prior period being in place during the current period | | Notes Payable | 62,091.69 | 136,571.48 | -54.54% | Primarily due to a decrease in material purchases during the period, leading to a reduction in bank acceptance settlement business | | Contract Liabilities | 1,434.79 | 1,032.85 | 38.92% | Primarily due to an increase in advance receipts for goods during the period | | Taxes Payable | 3,184.01 | 6,726.66 | -52.67% | Primarily due to the final settlement of 2021 corporate income tax and payment of prior period corporate income tax during the period | | Other Current Liabilities | 186.52 | 134.27 | 38.91% | Primarily due to an increase in advance receipts for goods at the end of the period, leading to a corresponding increase in deferred output tax transferred to other current liabilities | Income Statement Key Item Changes and Reasons (Current Period vs. Prior Period) | Item | Current Period Amount (CNY 10k) | Prior Period Amount (CNY 10k) | Change (%) | Primary Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 234,204.47 | 402,509.38 | -41.81% | Primarily due to strong demand in the domestic heavy truck market in the prior period (due to National V to National VI emission standard switch), while market demand in the current period significantly decreased, leading to reduced operating revenue | | Operating Cost | 184,203.09 | 309,925.94 | -40.57% | Primarily due to a decrease in operating revenue, leading to a synchronous decrease in operating cost | | R&D Expenses | 13,661.09 | 19,693.32 | -30.63% | Primarily due to changes in R&D structure and reduced R&D material input during the period | | Financial Expenses | -1,020.33 | 1,677.77 | -160.81% | 1. Primarily due to abundant funds, reduced bank financing, decreased interest expenses, increased interest income, and lower financing interest rates during the period, leading to reduced financial expenses; 2. Foreign exchange gains from rising foreign currency exchange rates offset financial expenses | | Investment Income | 604.48 | 322.13 | 87.65% | Primarily due to an increase in redeemed bank wealth management products and corresponding investment income during the period | | Fair Value Change Income | -2,491.80 | 0.00 | -100.00% | The company purchased Shangchai shares in October 2021, determining the fair value change income for that period | | Credit Impairment Losses | 130.07 | 1,103.70 | -88.22% | Primarily due to a decrease in accounts receivable compared to the prior period, leading to a corresponding reversal of bad debt provisions | | Asset Impairment Losses | -26.46 | -1,547.86 | 98.29% | Primarily due to the determination of asset impairment losses based on the net realizable value of inventory | | Asset Disposal Income | -5.74 | 18.81 | -130.52% | Primarily due to losses from asset disposals during the period | | Non-Operating Income | 3.45 | 9.69 | -64.40% | Primarily due to assets received as gifts from customers in the prior period | - Net cash flow from operating activities was **CNY 416.50 million**, a decrease of **CNY 33.57 million** from the prior period, mainly due to reduced operating revenue and accounts receivable collection[17](index=17&type=chunk) - Net cash flow from investing activities was **-CNY 461.02 million**, a decrease of **CNY 26.75 million** from the prior period, primarily due to increased purchases of wealth management products[18](index=18&type=chunk) - Net cash flow from financing activities was **CNY 14.88 million**, an increase of **CNY 65.09 million** from the prior period, mainly due to reduced repayment of bank loans in the prior period[18](index=18&type=chunk) Shareholder Information [Total Common Shareholders and Top Ten Shareholders' Holdings](index=4&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%92%8C%E8%A1%A8%E5%86%B3%E6%9D%83%E6%81%A2%E5%A4%8D%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of the reporting period end, the company had **46,519** common shareholders, with Tianrun United Group Co., Ltd. and Xing Yunbo as the top two, holding **15.36%** and **11.89%** respectively - Total common shareholders at period-end were **46,519** accounts[19](index=19&type=chunk) Top 10 Shareholder Holdings | Shareholder Name | Shareholder Type | Holding Percentage (%) | Number of Shares Held | Number of Restricted Shares Held | Share Status | Pledged, Marked, or Frozen Shares | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Tianrun United Group Co., Ltd. | Domestic Non-State Legal Person | 15.36% | 174,991,840 | | Pledged | 72,500,000 | | Xing Yunbo | Domestic Natural Person | 11.89% | 135,528,925 | 101,646,694 | | | | China Construction Bank Co., Ltd. - Huaxia Energy Innovation Stock Fund | Other | 4.09% | 46,571,038 | | | | | Wang Lei | Domestic Natural Person | 2.92% | 33,238,300 | | | | | Sun Haitao | Domestic Natural Person | 2.13% | 24,214,246 | 18,160,684 | | | | National Social Security Fund 118 Portfolio | Other | 2.02% | 23,004,238 | | | | | Liu Xin | Domestic Natural Person | 1.35% | 15,395,800 | | | | | Xun Xinze | Domestic Natural Person | 1.30% | 14,825,049 | | | | | Qu Yuanquan | Domestic Natural Person | 1.30% | 14,825,049 | | | | | Hong Jun | Domestic Natural Person | 1.30% | 14,825,049 | | | | - Xing Yunbo, the company's Chairman and actual controller, has an associated relationship with Tianrun United Group Co., Ltd[21](index=21&type=chunk)[22](index=22&type=chunk) [Preferred Shareholder Information](index=5&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%20%E5%85%AC%E5%8F%B8%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%8F%8A%E5%89%8D%2010%20%E5%90%8D%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) The company has no preferred shareholders - The company has **no preferred shareholders**[25](index=25&type=chunk) Other Significant Matters [Implementation of Equity Incentive Plan](index=5&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%EF%BC%8C%E5%85%AC%E5%8F%B8%E8%82%A1%E6%9D%83%E6%BF%80%E5%8A%B1%E8%AE%A1%E5%88%92%E7%9A%84%E5%AE%9E%E6%96%BD%E6%83%85%E5%86%B5) The company cancelled **1,708,700** expired unexercised stock options during the reporting period, marking the completion of the 2014 equity incentive plan - The company cancelled **1,000,000** stock options from the first grant's third exercise period that had expired unexercised[25](index=25&type=chunk) - The company cancelled **708,700** stock options from the reserved grant's second exercise period that had expired unexercised[25](index=25&type=chunk) - The 2014 equity incentive plan was fully implemented during the reporting period[25](index=25&type=chunk) [Signing of Strategic Cooperation Framework Agreement](index=5&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E5%85%B3%E4%BA%8E%E7%AD%BE%E7%BD%B2%E6%88%98%E7%95%A5%E5%90%88%E4%BD%9C%E6%A1%86%E6%9E%B6%E5%8D%8F%E8%AE%AE%E7%9A%84%E4%BA%8B%E5%AE%9C) The company signed a Strategic Cooperation Framework Agreement with Mando China Holdings Co., Ltd. to explore potential business opportunities in automotive chassis system products - The company signed a Strategic Cooperation Framework Agreement with Mando China Holdings Co., Ltd[26](index=26&type=chunk) - The cooperation focuses on potential business opportunities for automotive chassis system products[26](index=26&type=chunk) - The Mando project is currently in the market research phase[26](index=26&type=chunk) Quarterly Financial Statements [Financial Statements](index=6&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section presents the company's consolidated balance sheet, income statement, and cash flow statement, detailing financial position, operating results, and cash flows [Consolidated Balance Sheet](index=6&type=section&id=1%E3%80%81%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of September 30, 2022, total assets were **CNY 8.07 billion**, a **9.08%** decrease from the beginning of the year, with significant changes in monetary funds, notes receivable, and notes payable Consolidated Balance Sheet Key Data (As of Sep 30, 2022 vs. Jan 1, 2022) | Item | Sep 30, 2022 (CNY) | Jan 1, 2022 (CNY) | | :--- | :--- | :--- | | Monetary Funds | 274,317,474.36 | 710,111,350.02 | | Trading Financial Assets | 701,436,361.72 | 478,954,390.06 | | Notes Receivable | 761,334,711.86 | 1,087,067,552.44 | | Accounts Receivable | 999,649,003.70 | 1,012,240,831.94 | | Inventory | 1,424,126,064.76 | 1,530,832,673.62 | | Total Current Assets | 4,251,538,375.11 | 4,934,486,364.43 | | Fixed Assets | 2,841,295,149.59 | 2,961,624,829.47 | | Construction in Progress | 447,481,557.68 | 314,845,691.62 | | Total Non-current Assets | 3,819,311,442.08 | 3,941,944,436.28 | | Total Assets | 8,070,849,817.19 | 8,876,430,800.71 | | Short-term Borrowings | 1,052,000,000.00 | 917,051,180.56 | | Notes Payable | 620,916,887.54 | 1,365,714,809.12 | | Accounts Payable | 529,962,347.69 | 707,271,927.12 | | Total Current Liabilities | 2,307,017,957.95 | 3,143,308,171.50 | | Total Liabilities | 2,464,814,738.79 | 3,321,327,785.97 | | Total Equity Attributable to Parent Company Shareholders | 5,583,289,272.10 | 5,531,481,163.90 | | Total Equity | 5,606,035,078.40 | 5,555,103,014.74 | | Total Liabilities and Equity | 8,070,849,817.19 | 8,876,430,800.71 | [Consolidated Income Statement (Year-to-Date)](index=8&type=section&id=2%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E5%88%A9%E6%B6%A6%E8%A1%A8) Year-to-date total operating revenue was **CNY 2.34 billion**, down **41.81%** year-over-year, with net profit at **CNY 161 million**, down **63.58%**, primarily due to reduced operating profit and financial expenses turning negative Consolidated Income Statement Key Data (Year-to-Date vs. Prior Period) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 2,342,044,688.03 | 4,025,093,807.13 | | Operating Cost | 1,842,030,855.56 | 3,099,259,386.41 | | R&D Expenses | 136,610,902.07 | 196,933,226.21 | | Financial Expenses | -10,203,288.37 | 16,777,672.42 | | Investment Income | 6,044,833.89 | 3,221,323.04 | | Fair Value Change Income | -24,918,028.34 | 0.00 | | Credit Impairment Losses | 1,300,747.19 | 11,036,977.37 | | Asset Impairment Losses | -264,582.34 | -15,478,610.31 | | Operating Profit | 181,251,067.28 | 518,388,753.85 | | Total Profit | 172,320,491.51 | 509,985,714.83 | | Income Tax Expense | 11,570,642.67 | 66,953,978.13 | | Net Profit | 160,749,848.84 | 443,031,736.70 | | Net Profit Attributable to Parent Company Shareholders | 161,625,893.38 | 443,766,541.01 | | Basic Earnings Per Share | 0.14 | 0.39 | | Diluted Earnings Per Share | 0.14 | 0.39 | [Consolidated Cash Flow Statement (Year-to-Date)](index=10&type=section&id=3%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) Year-to-date net cash flow from operating activities was **CNY 416 million**, down **7.46%** year-over-year, while net cash outflow from investing activities was **CNY 461 million** due to increased wealth management product purchases, and net cash inflow from financing activities turned positive Consolidated Cash Flow Statement Key Data (Year-to-Date vs. Prior Period) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Cash Received from Sales of Goods and Services | 2,402,954,683.31 | 4,323,623,389.46 | | Cash Received Related to Other Operating Activities | 419,524,604.54 | 21,755,651.72 | | Subtotal of Cash Inflows from Operating Activities | 2,869,151,391.53 | 4,373,712,403.18 | | Cash Paid for Goods and Services | 1,853,907,421.65 | 2,760,359,784.88 | | Cash Paid to and for Employees | 278,967,435.10 | 304,664,019.96 | | Cash Paid Related to Other Operating Activities | 168,061,460.81 | 678,908,645.48 | | Subtotal of Cash Outflows from Operating Activities | 2,452,654,624.06 | 3,923,642,885.40 | | Net Cash Flow from Operating Activities | 416,496,767.47 | 450,069,517.78 | | Cash Received Related to Other Investing Activities | 1,839,700,000.00 | 1,254,020,000.00 | | Subtotal of Cash Inflows from Investing Activities | 1,845,887,311.77 | 1,257,429,431.08 | | Cash Paid for Acquisition of Fixed Assets, Intangible Assets, and Other Long-term Assets | 219,804,659.22 | 325,688,820.99 | | Cash Paid Related to Other Investing Activities | 2,087,100,000.00 | 1,366,005,880.85 | | Subtotal of Cash Outflows from Investing Activities | 2,306,904,659.22 | 1,691,694,701.84 | | Net Cash Flow from Investing Activities | -461,017,347.45 | -434,265,270.76 | | Cash Received from Borrowings | 743,000,000.00 | 830,630,000.00 | | Cash Paid for Debt Repayment | 613,638,639.00 | 800,532,300.00 | | Cash Paid for Distribution of Dividends, Profits, or Interest | 116,432,599.22 | 62,266,918.28 | | Net Cash Flow from Financing Activities | 14,883,554.58 | -50,207,059.55 | | Net Increase in Cash and Cash Equivalents | -27,491,414.82 | -34,152,198.27 | [Audit Report](index=11&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%20%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) The company's 2022 third-quarter report has not been audited - The company's third-quarter report is **unaudited**[46](index=46&type=chunk)

天润工业技术股份有限公司 2022 年半年度报告全文 天润工业技术股份有限公司 2022 年半年度报告 2022 年 8 月 25 日 1 天润工业技术股份有限公司 2022 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人邢运波、主管会计工作负责人刘立及会计机构负责人(会计主 管人员)周志福声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺， 投资者及相关人士均应当对此保持足够的风险认识，并且应当理解计划、预 测与承诺之间的差异。 | --- | --- | |-------------------------------------------------------------------|-------| | | | | 公司在本报告第三节"管理层讨论与分析"中"十、公司面临的风险和 | | | 应对措施"部分，详细描述了公司经营中 ...