Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,319,008,102.38, representing a 2.32% increase compared to CNY 1,289,127,458.25 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2022 was CNY 194,002,706.59, a significant increase of 36.47% from CNY 142,160,317.59 in the previous year[3]. - The net profit after deducting non-recurring gains and losses was CNY 184,519,588.64, reflecting a 36.90% increase compared to CNY 134,788,821.05 in the same period last year[3]. - Basic and diluted earnings per share for Q1 2022 were both CNY 0.1985, marking a 34.58% increase from CNY 0.1475 in the same period last year[3]. - Operating profit for the quarter was CNY 212,876,183.15, compared to CNY 159,438,090.67 in the previous year, indicating a growth of 33.6%[26]. - Net profit for the period reached CNY 212,365,944.10, an increase from CNY 159,734,904.73, representing a growth of 32.9% year-over-year[26]. - The company reported a total comprehensive income attributable to the parent company of CNY 193,934,389.76, compared to CNY 141,799,766.07 in the previous year, reflecting an increase of 36.8%[28]. Cash Flow and Liquidity - The company's cash flow from operating activities showed a negative net amount of CNY -138,890,277.94, a decline of 234.26% compared to CNY 103,451,211.75 in the previous year[3]. - Cash flow from financing activities showed a net inflow of CNY 254 million, a 180.58% increase compared to the previous year[9]. - Cash and cash equivalents at the end of the period amounted to CNY 1,108,008,771.79, down from CNY 1,202,562,529.21 at the beginning of the period, a decrease of 7.8%[31]. - The company raised CNY 305,000,000.00 from financing activities, significantly higher than CNY 37,084,700.00 in the previous year, indicating a growth of 720.5%[31]. - Investment activities resulted in a net cash outflow of CNY 191,849,300.18, compared to a net outflow of CNY 213,529,505.48 in the same period last year, showing an improvement of 10.2%[30]. Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 8,100,166,613.53, up 3.47% from CNY 7,828,837,932.49 at the end of the previous year[4]. - Current assets totaled CNY 4,312,517,222.46, compared to CNY 4,170,817,898.41 at the start of the year, reflecting an increase of 3.4%[15]. - Total liabilities were CNY 2,645,019,403.10, compared to CNY 2,567,735,544.43, indicating an increase of 3.0%[18]. - Shareholders' equity attributable to the parent company increased to CNY 5,290,484,055.25, a rise of 3.81% from CNY 5,096,549,665.49 in the previous year[4]. - Shareholders' equity totaled CNY 5,455,147,210.43, up from CNY 5,261,102,388.06, representing a growth of 3.7%[22]. Costs and Expenses - The company's operating costs for Q1 2022 were CNY 1,007,165,602.76, which is a 2.62% increase from CNY 971,680,762.64 in the same period last year[3]. - Total operating costs amounted to CNY 1,177,907,005.43, up from CNY 1,131,926,829.19, reflecting a year-over-year increase of 4.1%[24]. - The company incurred CNY 198,801,414.43 in cash payments to employees, an increase from CNY 181,851,653.09 in the previous year, representing a rise of 9.0%[30]. - The tax expenses for the quarter were CNY 18,252,804.90, compared to CNY 16,518,560.30 in the same period last year, reflecting an increase of 10.5%[27]. Investment and R&D - Investment income attributable to the listed company increased by 258.90% to CNY 75 million, driven by higher equity method accounting gains[9]. - Research and development expenses rose by 10.53% to CNY 58.84 million, reflecting ongoing investments in high-end product markets[9]. - The company reported a significant increase in investment income, reaching CNY 75,033,279.27, compared to CNY 20,906,358.44 in the previous year, a growth of 258.5%[26]. Inventory and Contract Liabilities - The company's inventory as of the end of Q1 2022 was approximately CNY 1.65 billion, a 11.01% increase compared to the previous year[9]. - The company reported a decrease in contract liabilities by 15.65% to CNY 434 million, indicating improved revenue recognition[9].

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,532,579,940.43, representing an increase of 8.25% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥235,771,006.52, a decrease of 20.24% year-on-year[3]. - The net profit excluding non-recurring gains and losses was ¥227,520,175.46, down 6.20% from the previous year[3]. - Basic earnings per share decreased by 31.43% to ¥0.24, primarily due to the cancellation of export tax rebates[6]. - Total operating revenue for the third quarter reached CNY 4,492,983,706.24, an increase of 25.5% compared to CNY 3,582,322,655.48 in the same period last year[22]. - Net profit for the period was CNY 618,388,496.48, representing a 12.1% increase from CNY 551,450,519.26 in the previous year[23]. - Total comprehensive income for the third quarter reached CNY 617,343,301.34, an increase from CNY 551,428,226.43 in the same period last year[24]. - Basic earnings per share for the third quarter were CNY 0.64, slightly down from CNY 0.65 year-on-year[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,234,084,985.78, an increase of 6.08% from the end of the previous year[3]. - The company's total assets increased to CNY 7,234,084,985.78, up from CNY 6,819,629,679.33, reflecting a growth of 6.1%[21]. - Total liabilities rose to CNY 2,162,111,333.49, compared to CNY 1,869,576,422.76, marking an increase of 15.6%[21]. - The equity attributable to shareholders of the parent company reached CNY 4,910,558,903.34, up from CNY 4,804,974,012.20, indicating a growth of 2.2%[21]. Cash Flow - The company reported a net cash flow from operating activities of ¥773,213,680.34, an increase of 2.14% year-to-date[3]. - Cash inflow from operating activities totaled CNY 5,011,444,441.77, compared to CNY 4,228,464,185.97 in the previous year[26]. - Net cash flow from operating activities was CNY 773,213,680.34, showing an increase from CNY 756,978,090.37 year-on-year[26]. - Cash outflow from investing activities amounted to CNY 767,362,909.62, down from CNY 898,449,743.34 in the previous year[27]. - Net cash flow from investing activities was -CNY 358,362,868.97, slightly improved from -CNY 387,851,424.70 year-on-year[27]. - Net cash flow from financing activities was -CNY 505,695,123.01, compared to -CNY 85,474,474.15 in the same period last year[27]. - The ending balance of cash and cash equivalents was CNY 1,101,647,068.29, up from CNY 809,318,845.27 year-on-year[27]. Investments and Projects - The company invested a total of RMB 19,976 million in the annual production of 5,000 tons of special alloy pipeline prefabricated components and pipeline maintenance services, with an additional investment of RMB 4,772 million approved on July 31, 2021[11]. - The company signed a construction contract for the Zhejiang Jiuli Special Materials Metal Materials Research Institute project with a contract price of RMB 46 million[12]. - The company purchased assets from Jiuli Group for RMB 130.45 million to enhance business development and employee welfare[13]. - The company also acquired assets from Zhejiang Jiuli Steel Structure Engineering Co., Ltd. to optimize industrial park layout and reduce logistics costs[14]. - The company successfully launched the production line for the annual output of 5,500 KM precision pipes for nuclear power, semiconductors, pharmaceuticals, and instrumentation, enhancing its market competitiveness[17]. Shareholder Information - The company had a total of 29,160 ordinary shareholders at the end of the reporting period[7]. - The second phase of the employee stock ownership plan was completed, with 12,550,095 shares sold, accounting for 1.28% of the current total share capital[16]. Research and Development - Research and development expenses for the quarter were CNY 166,246,496.37, an increase from CNY 139,143,699.81 in the previous year[22].