证券代码： 002295 证券简称：精艺股份 广东精艺金属股份有限公司投资者关系活动记录表 编号：2016-006 | --- | --- | --- | |----------------|--------------------------|--------------------------------------------------| | | | | | 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 | 光大证券 - 肖沛 | | | 人员姓名 | 光大证券-张亦潇 | | | 时间 | 2016 年 12 月 23 | 日 10:00-11:30 | | 地点 | 公司会议室 | | | 上市公司接待人 | 董事会秘书 张舟 | | | 员姓名 | 证券事务专员 何嘉雄 | | | 投资者关系活动 | 1 | 、公司的主要客户有哪些？ | | 主要内容介绍 | | 公司主要从事铜管 ...

证券代码： 002295 证券简称：精艺股份 广东精艺金属股份有限公司投资者关系活动记录表 编号：2017-003 | --- | --- | --- | |----------------|--------------------------|--------------------------------------------------| | | | | | 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 （请文字说明其他活动内容） | | 参与单位名称 | 中信建投、东北证券 | | | 时间 | 2017 年 10 月 16 | 日 9:30-11:30 | | 地点 | 公司会议室 | | | 上市公司接待人 | 董事会秘书 张舟 | | | 员姓名 | 证券事务专员 何嘉雄 | | | 投资者关系活动 | 1 | 、公司的主要客户有哪些？ | | 主要内容介绍 | | 公司主要从事铜管业务和贸易业务，主要面对客户对象 | | | | ...

证券代码： 002295 证券简称：精艺股份 2021 年 6 月 21 日投资者关系活动记录表 编号：2021-001 | --- | --- | --- | --- | |-------------------------|------------------------------|--------------------------------------------------------|-------| | | | | | | 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 （电话会议） | | | | 参与单位名称及 人员姓名 | 东吴证券股份有限公司：王钦扬 | | | | 时间 2021 | 年 6 月 21 日 | | | | 地点 | 公司会议室 | | | | 上市公司接待人 | 总经理 卫国 | | | | 员姓名 | 财务总监 常政 | | | | | | | | | | 证券事务代表 余敏珊 | | | ...

编号：2021-001 证券代码： 002295 证券简称：精艺股份 | --- | --- | --- | --- | |--------------------|-----------------------------|----------------------------|------------------------------------------------------| | | | | | | 投资者关系活动类别 | □特定对象调研 □分析师会议 | | | | | □媒体采访 √业绩说明会 | | | | | □新闻发布会 | □路演活动 | | | | □现场参观 | | | | | □其他 | （请文字说明其他活动内容） | | | 参与单位名称及人员 | 通过"全景·路演天下"参与公司 | 2020 | 年度网上业绩说 | | 姓名 | 明会的广大投资者 | | | | 时间 | 2021 年 5 月 14 日 | 15：00-17 ： 00 | | | 地点 | "全景·路演天下"（ | http://rs.p5w.net ） | | | 上市公司接待人员姓 | | | 公司董 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥2,622,364,423.65, a decrease of 22.25% compared to ¥3,373,011,812.50 in the same period last year[21]. - The net profit attributable to shareholders was ¥28,259,048.02, down 35.86% from ¥44,060,052.03 year-on-year[21]. - Basic and diluted earnings per share decreased to ¥0.11, down 38.89% from ¥0.18 in the same period last year[21]. - Total revenue for the first half of 2022 was CNY 2,622,364,423.65, a decrease of 22.25% compared to CNY 3,373,011,812.50 in the same period last year[46]. - The gross profit margin for the processing industry decreased by 1.71% to 1.46% compared to the previous year[47]. - The company reported a net profit of 3,508 million CNY for the first half of 2022, up from 2,500 million CNY in the same period last year, marking a year-over-year increase of 40.3%[106]. - The total comprehensive income for the first half of 2022 was CNY 29,318,801.16, a decrease of 33.8% from CNY 44,313,669.71 in the same period of 2021[151]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥215,290,484.70, compared to a negative cash flow of ¥90,546,271.55 in the previous year, marking a 337.77% increase[21]. - Cash and cash equivalents at the end of the reporting period were CNY 466,687,543.08, representing 19.76% of total assets[51]. - The cash inflow from operating activities in the first half of 2022 was CNY 3,447,548,226.28, down from CNY 3,945,439,273.79 in the first half of 2021[157]. - The total cash and cash equivalents at the end of the period were 150,673,142.11 CNY, slightly down from 131,720,427.22 CNY year-on-year[159]. - The company reported a significant increase in user data, with a total of 4,500 users as of June 2022, compared to 3,960 users in April 2021[108]. Operational Efficiency - Operating costs decreased by 21.90% to approximately ¥2.55 billion from ¥3.27 billion, reflecting the same challenges faced in trade business[44]. - The company has committed to improving its environmental protection measures and management systems in response to stricter national policies[79]. - The company plans to focus on market expansion, product research and development, and human resource integration to enhance overall competitiveness[64]. - The company aims to enhance its research and development capabilities to innovate new technologies and products[165]. Investments and R&D - Research and development investment was approximately ¥7.36 million, down 28.51% from ¥10.30 million, mainly due to some projects being in the theoretical research phase[44]. - The company is actively investing in new product development, with a budget allocation of 16,850 million CNY for R&D in 2022, aimed at enhancing product offerings and technological advancements[107]. - The company has established a national-level post-doctoral workstation and several provincial technology centers, enhancing its research and development capabilities[36]. Market and Competition - The company faces various operational risks as outlined in the management discussion section, which investors should be aware of[4]. - The company faces risks from market competition, particularly in the copper processing industry, which is characterized by high competition and overcapacity[65]. - The company is exposed to raw material price fluctuation risks, particularly copper prices, which significantly impact operating costs[66]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6]. - The company has committed to distributing at least 30% of the average distributable profits over three consecutive years, provided there are no major investment plans or significant cash expenditures[86]. - The company has maintained transparency and communication with investors through various channels, enhancing its credibility and commitment to shareholder returns[80]. - The company has appointed new directors and management personnel as part of its restructuring efforts, effective June 6, 2022[75]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,361,257,695.05, a decline of 9.50% from ¥2,608,995,155.88 at the end of the previous year[21]. - The company's total liabilities decreased from CNY 1,800,516,000.00 to CNY 1,975,770,620.15, indicating a decline of approximately 10.4%[141]. - The actual guarantee balance for subsidiaries at the end of the reporting period is CNY 49,772,620[109]. Future Outlook - The management has indicated a cautious outlook for the remainder of the year, focusing on cost control and operational efficiency improvements[29]. - Future guidance indicates a targeted revenue growth of approximately 10% for the next fiscal year[170]. - The company plans to expand its market presence and invest in new product development to drive future growth[165].

Financial Performance - The company's revenue for Q1 2022 was ¥1,133,376,325.48, a decrease of 25.42% compared to ¥1,519,721,175.14 in the same period last year[3] - Net profit attributable to shareholders was ¥19,982,667.23, down 23.04% from ¥25,964,572.30 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥5,901,943.07, a significant decline of 68.66% compared to ¥18,833,903.00 in the previous year[3] - Basic and diluted earnings per share were both ¥0.08, representing a decrease of 20.00% from ¥0.10 in the previous year[3] - Operating profit for the current period is ¥25,863,071.73, down 19.1% from ¥31,974,340.68 in the previous period[20] - Total comprehensive income for the current period is ¥19,755,268.64, compared to ¥25,939,285.18 in the previous period, reflecting a decrease of 23.7%[21] Cash Flow - The net cash flow from operating activities increased by 430.30% to ¥148,102,279.77, compared to a negative cash flow of ¥44,839,189.42 in the same period last year[3] - Cash flow from operating activities shows a net inflow of ¥148,102,279.77, compared to a net outflow of ¥44,839,189.42 in the previous period[24] - The net cash outflow from investing activities was ¥4,645,760.43, compared to a net inflow of ¥5,424.53 in the previous period[24] - The net cash flow from financing activities was negative at ¥112,482,767.06, a 210.33% increase in outflow compared to the previous year[9] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,648,123,758.36, an increase of 1.50% from ¥2,608,995,155.88 at the end of the previous year[3] - The company's total current assets amount to 2,243,638,303.43 RMB, an increase from 2,204,515,344.75 RMB at the beginning of the year[15] - The total liabilities of the company are 1,351,311,976.40 RMB, slightly up from 1,331,936,823.70 RMB[16] - The company has a total of 95,238,813.21 RMB in non-current liabilities, down from 98,248,026.46 RMB[16] - The total assets of the company stand at 2,648,123,758.36 RMB, compared to 2,608,995,155.88 RMB at the beginning of the year[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,924[11] - The largest shareholder, Nantong Sanjian Holding Co., Ltd., holds 30.00% of shares, totaling 75,184,700 shares, which are pledged and frozen[11] Research and Development - The company's R&D expenses decreased by 42.28% to ¥3,130,028.31, primarily due to a reduction in ongoing projects[8] - Research and development expenses for the current period are ¥3,130,028.31, a decrease of 42.7% from ¥5,423,218.42 in the previous period[19] Other Financial Metrics - The company reported a 123.62% increase in government subsidies recognized in the current period, amounting to ¥17,057,098.74[8] - Accounts receivable decreased to 945,793,094.31 RMB from 1,035,184,408.32 RMB, indicating a reduction of approximately 8.66%[15] - The company's cash and cash equivalents at the end of the period are 607,304,975.38 RMB, up from 535,856,537.92 RMB[14] - The company reported a net profit of 396,007,236.05 RMB in retained earnings, an increase from 376,024,568.82 RMB[17] - The total equity attributable to the parent company is 1,296,811,781.96 RMB, up from 1,277,058,332.18 RMB[17] - Total operating revenue for the current period is ¥1,133,376,325.48, a decrease of 25.4% compared to ¥1,519,721,175.14 in the previous period[19] - Total operating costs for the current period are ¥1,125,445,917.86, down 24.7% from ¥1,494,640,667.86 in the previous period[19]

Financial Performance - The company's operating revenue for 2021 was CNY 6,715,535,791.49, representing a 23.62% increase compared to CNY 5,432,264,257.41 in 2020[18]. - The net profit attributable to shareholders for 2021 was CNY 58,656,115.35, up 33.86% from CNY 43,819,470.23 in the previous year[18]. - The net cash flow from operating activities increased significantly by 353.52% to CNY 39,142,813.63, compared to CNY 8,630,951.49 in 2020[18]. - The basic earnings per share for 2021 was CNY 0.23, a 35.29% increase from CNY 0.17 in 2020[18]. - The total assets at the end of 2021 were CNY 2,608,995,155.88, a slight decrease of 0.13% from CNY 2,612,460,526.01 at the end of 2020[18]. - The net assets attributable to shareholders increased by 4.76% to CNY 1,277,058,332.18 from CNY 1,219,034,059.58 in 2020[18]. - The company reported a weighted average return on equity of 4.70% for 2021, up from 3.64% in 2020[18]. - The net profit after deducting non-recurring gains and losses for 2021 was CNY 45,256,235.73, a 39.62% increase from CNY 32,413,668.08 in 2020[18]. - The operating profit for 2021 was CNY 72,912,282.70, an increase of 31.65% compared to the previous year[39]. - Net profit reached CNY 58,656,115.35, reflecting a year-on-year growth of 33.86%[39]. Revenue Breakdown - The processing industry contributed CNY 3,763,443,429.59, accounting for 56.04% of total revenue, with a significant increase of 58.89% year-on-year[41]. - Trade industry revenue was CNY 2,916,138,665.72, which saw a slight decline of 3.68% compared to the previous year[41]. - The company's copper processing products generated CNY 2,655,638,070.53, representing 39.54% of total revenue, with a growth of 34.13% year-on-year[41]. - Sales volume in the processing industry increased by 16.78% to 60,074 tons compared to the previous year[46]. Cash Flow and Investments - Operating cash inflow increased by 13.95% to ¥6,599,410,867.69 in 2021, while operating cash outflow rose by 13.44% to ¥6,560,268,054.06[58]. - Investment cash inflow decreased significantly by 65.68% to ¥110,956,590.83, while investment cash outflow dropped by 57.70% to ¥140,596,593.96, resulting in a net cash outflow of ¥29,640,003.13[58]. - Financing cash inflow increased by 12.42% to ¥818,263,188.39, but net cash flow from financing activities decreased by 61.14% to ¥9,163,231.61 due to a lower increase in short-term borrowings[58]. Research and Development - Research and development expenses decreased by 12.17% to ¥18,828,283.69 compared to the previous year[53]. - The company completed the R&D of energy-saving nitrogen utilization for annealing furnaces, aiming to reduce nitrogen consumption by 10%[54]. - The company is in the design phase for copper-iron alloy materials, targeting special applications in refrigeration[54]. - R&D investment amounted to ¥18,828,283.69 in 2021, a decrease of 12.17% from ¥21,436,569.52 in 2020, with R&D investment as a percentage of operating revenue falling from 0.39% to 0.28%[56]. Market and Industry Trends - The copper processing industry in China saw a 4.6% increase in refined copper production in 2021, reaching 10.49 million tons, indicating stable growth in the sector[28]. - The demand for high-quality precision copper tubes is expected to rise due to new energy efficiency standards in the air conditioning industry, which will drive growth in the company's core product offerings[30]. - The overall copper processing industry is undergoing a transformation towards high-performance and low-energy consumption products, which aligns with the company's strategic focus on innovation and quality[29]. Corporate Governance and Management - The company has maintained a completely independent operation from its controlling shareholders in terms of business, personnel, assets, and finance[89]. - The company has set up independent financial accounting departments and maintains separate bank accounts for independent tax reporting and compliance[90]. - The company’s board of directors includes independent directors, enhancing governance and oversight[98]. - The company has undergone a restructuring of its board, reflecting a strategic shift in management[96]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of CNY 0.02 per 10 shares, based on a total of 250,616,000 shares[4]. - The cash dividend distribution accounted for 100% of the total distributable profit of 90,576,417.89 yuan[132]. - The company has established a shareholder return plan for 2020-2022, enhancing transparency and protecting shareholder rights[132]. Social Responsibility and Compliance - The company actively engages in social responsibility initiatives, including donating 200,000 RMB for the construction of a new kindergarten in the local community[146]. - The company is committed to improving its environmental management mechanisms and increasing investments in environmental protection[144]. - During the reporting period, the company did not receive any administrative penalties related to environmental issues, demonstrating compliance with environmental regulations[144]. Risks and Challenges - The company faces risks from market competition, particularly in the copper processing industry, which is characterized by high competition and overcapacity[83]. - The company is exposed to raw material price fluctuation risks, particularly copper prices, which significantly impact operating costs[83]. - The company recognizes the risks associated with new product and technology development, which may impact its future operational success[85].

证券代码：002295 证券简称：精艺股份 公告编号：2021-045 广东精艺金属股份有限公司 2021 年第三季度报告 广东精艺金属股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带 的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明： 保证季度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | 营业收入（元） | 1,911,831,964.07 | 16.47% | 5,284,843,776.57 | 3 ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 3,373,011,812.50, representing a 50.85% increase compared to CNY 2,236,020,051.86 in the same period last year[20]. - The net profit attributable to shareholders was CNY 44,060,052.03, a significant increase of 289.77% from CNY 11,304,035.73 year-on-year[20]. - The net profit after deducting non-recurring gains and losses reached CNY 34,820,053.14, up 410.54% from CNY 6,820,293.47 in the previous year[20]. - The basic earnings per share increased to CNY 0.18, reflecting a growth of 260.00% compared to CNY 0.05 in the same period last year[20]. - The total operating revenue for the reporting period was CNY 3,373,011,812.50, representing a year-on-year increase of 50.85% compared to CNY 2,236,020,051.86 in the same period last year[38]. - Operating profit for the first half of 2021 was CNY 54,340,197.04, up from CNY 11,114,726.48 in the first half of 2020, representing an increase of 388.5%[133]. - The total comprehensive income for the first half of 2021 was CNY 44,313,669.71, compared to CNY 14,044,051.03 in the first half of 2020, showing strong overall performance[134]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,557,050,624.27, a decrease of 2.12% from CNY 2,612,460,526.01 at the end of the previous year[20]. - The net assets attributable to shareholders increased to CNY 1,263,347,729.29, marking a 3.64% rise from CNY 1,219,034,059.58 at the end of the last year[20]. - The total liabilities decreased from CNY 1,393,426,466.43 to CNY 1,293,702,894.98, a decrease of about 7.2%[125]. - The total equity attributable to the parent company at the end of the previous period was CNY 1,219,034,050, with a significant increase in comprehensive income of CNY 44,313,000 during the current period[147]. - The total equity at the end of the current period is CNY 1,263,347,720, reflecting a growth from the previous period[148]. Cash Flow - The net cash flow from operating activities was negative at CNY -90,546,271.55, a decline of 238.61% compared to CNY 65,325,158.67 in the same period last year[20]. - The total cash inflow from operating activities was 3,945,439,273.79 CNY, while cash outflow was 4,035,985,545.34 CNY, resulting in a net cash outflow of 90,546,271.55 CNY[141]. - The net cash flow from financing activities was 85,431,995.83 CNY, compared to -54,049,459.26 CNY in the first half of 2020, showing a significant improvement[142]. Revenue Sources - The company's revenue for the reporting period was ¥3,373,011,812.50, representing a 50.85% increase compared to ¥2,236,020,051.86 in the same period last year, primarily due to a significant rise in copper prices and recovery from pandemic-related sales declines[35]. - The processing industry revenue increased by 82.24% year-on-year, primarily due to a significant drop in sales during the previous year caused by the pandemic and a substantial rise in copper prices during the reporting period[42]. - The revenue from copper processing products rose by 61.70% year-on-year, attributed to the same factors affecting the processing industry[42]. Operational Strategy - The company maintains a "sales-driven production" model, with pricing based on "electrolytic copper price + agreed processing fee," which is determined by product specifications and complexity[28]. - The company has established itself as a key player in the copper processing industry, recognized as a "National Green Factory" and "Top Ten Copper Pipe Manufacturers in China" among other accolades[30]. - The company emphasizes technological innovation and has established several research and development centers, contributing to its competitive edge in product quality[30]. Market and Competition - The company plans to focus on market expansion, product development, and resource integration to enhance overall competitiveness in the copper processing industry[57]. - The company faces risks from macroeconomic factors, market competition, and raw material price fluctuations, which could impact financial performance[58]. Corporate Governance - The management team is experienced and employs a flat organizational structure, enhancing operational efficiency and responsiveness to market demands[33]. - The company has revised its senior management compensation plan, reflecting adjustments in governance[30]. Social Responsibility - The company donated epidemic prevention materials during the reporting period, demonstrating its commitment to social responsibility[68]. Shareholder Information - The company reported a total share count of 250,616,000, with 99.83% being unrestricted shares[103]. - The number of restricted shares increased from 435,750 to 463,312, reflecting a net increase of 27,562 shares[103]. Financial Management - The company has a low debt-to-asset ratio, indicating a strong financial position and capacity for sustainable growth[32]. - Financial costs are expected to rise due to macroeconomic changes and raw material price increases, prompting the company to optimize fund management and financing strategies[58].

Financial Performance - The company's operating revenue for 2020 was CNY 5,432,264,257.41, representing a 5.98% increase compared to CNY 5,125,596,178.06 in 2019[16] - The net profit attributable to shareholders for 2020 was CNY 43,819,470.23, a decrease of 14.08% from CNY 50,998,867.54 in 2019[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 32,413,668.08, down 14.82% from CNY 38,054,909.94 in 2019[16] - The basic earnings per share for 2020 was CNY 0.17, a decrease of 15.00% from CNY 0.20 in 2019[16] - Operating profit decreased by 16.03% to ¥55,381,806.12, while net profit fell by 14.08% to ¥43,819,470.23[38] - The company reported a net profit margin of 12%, up from 10% in the previous year[161] - The company’s net profit for the year reached 150 million RMB, up 20% compared to the previous year[191] Assets and Liabilities - The company's total assets increased by 28.28% to CNY 2,612,460,526.01 at the end of 2020, compared to CNY 2,036,516,467.47 at the end of 2019[16] - The total assets of the company are reported at 323,360 million RMB, with a net asset value of 100,010 million RMB[76] - The company's total liabilities and equity at the end of the reporting period were not disclosed in the provided documents[76] - The actual guarantee balance at the end of the reporting period was RMB 106,295.49 million, representing 87.20% of the company's net assets[130] Cash Flow - The net cash flow from operating activities was CNY 8,630,951.49, a slight decrease of 0.31% from CNY 8,657,517.22 in 2019[16] - Operating cash inflow decreased by 1.03% to ¥5,791,725,765.59, and operating cash outflow also decreased by 1.03% to ¥5,783,094,814.10[62] - Net cash flow from financing activities decreased by 81.25% to ¥23,577,883.85 due to adjustments in financing methods[63] Business Operations - The company’s main business remains unchanged, focusing on copper processing and trade, with precision copper tubes as a key product[25] - The processing industry contributed ¥2,368,548,554.90, accounting for 43.60% of total revenue, with a year-on-year increase of 19.53%[41] - Trade industry revenue was ¥3,027,618,262.64, which is a decrease of 3.09% compared to the previous year, making up 55.74% of total revenue[41] - The company is focusing on quality reforms and has implemented new quality assessment standards to improve product quality[37] Research and Development - The company has established a national-level post-doctoral workstation and several provincial technology centers to enhance its R&D capabilities[29] - Research and development expenses increased by 51.78% to ¥21,436,569.52, reflecting the company's commitment to innovation[58] - R&D investment increased by 40.04% to ¥21,436,569.52 in 2020, while the number of R&D personnel decreased by 25.36% to 103[60] Market Strategy - The company is expanding its business operations by leveraging geographical advantages in the Pearl River Delta and Yangtze River Delta regions[37] - The company is actively optimizing its customer structure and enhancing risk management to improve profitability[37] - The company plans to focus on developing copper-iron alloy materials and corrosion-resistant copper pipes as core technologies for future growth[60] Risk Management - The company has indicated potential risks in its future operations, which are detailed in the report[4] - The company faced risks related to raw material price fluctuations, particularly copper prices, which significantly impact operating costs[89] - Financial costs are under pressure due to macroeconomic changes and the pandemic, prompting the company to optimize fund management and improve financing efficiency[89] Corporate Governance - The company has established a dividend distribution plan for 2020-2022, aiming to provide stable returns to shareholders while ensuring sustainable development[95] - The company is committed to enhancing transparency in its profit distribution decisions to protect shareholder rights[95] - The management team remains stable, with all current directors and supervisors retaining their positions[172] Social Responsibility - The company donated 30,000 RMB to support poverty alleviation efforts in Sichuan Province during the reporting period[139] - The company is committed to fulfilling its corporate social responsibility through targeted poverty alleviation initiatives[142] Employee Management - The company has implemented a salary policy that aligns with external competitiveness and internal motivation, ensuring timely adjustments to employee compensation[197] - The company has established a comprehensive training system that includes onboarding, job-specific training, and management enhancement programs to improve employee capabilities[198]