证券代码： 002350 证券简称：北京科锐 1 北京科锐配电自动化股份有限公司投资者关系活动记录表 编号：2021-002 | --- | --- | --- | --- | |-------------------|------------------------------------|----------------------------------------------------------------|------------------------| | | | | | | | ■ 特定对象调研 □ | 分析师会议 | | | 投资者关 | □ 媒体采访 □ | 业绩说明会 | | | 系活动类 | □ 新闻发布会 □ | 路演活动 | | | 别 | □ 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 员姓名 | 北京天蝎座资产管理有限公司 | 郑博、李波、吴夏辉 | | | 时间 | 2021 年 8 月 13 日 | | | | 地点 | 北京市海淀区西北旺东路 | 10 号院东区 4 号楼 | | | 上市 ...

证券代码： 002350 证券简称：北京科锐 1 北京科锐配电自动化股份有限公司投资者关系活动记录表 | --- | --- | --- | --- | |-------------------|--------------------------------|--------------------|-------------------------------------------------------------------------------------------------------------| | | | | 编号： 2021-003 | | | □ 特定对象调研 | □ 分析师会议 | | | 投资者关 | □ 媒体采访 □ | 业绩说明会 | | | 系活动类 | □ 新闻发布会 | □ 路演活动 | | | 别 | □ 现场参观 | | | | | ■ 其他 "2021 | | 年北京辖区上市公司投资者集体接待日 " 活动 | | 名称及人 | 参与公司集体接待日活动的投资者 | | | | 参与单位 员姓名 | | | | | | | | | | 时间 | 2021 年 9 ...

证券代码： 002350 证券简称：北京科锐 1 北京科锐配电自动化股份有限公司投资者关系活动记录表 编号：2021-004 | --- | --- | --- | |-------------------|-------------------------------|-----------------------------------------------------------------| | | ■ 特定对象调研 | □ 分析师会议 | | 投资者关 | □ 媒体采访 □ | 业绩说明会 | | 系活动类 | □ 新闻发布会 | □ 路演活动 | | 别 | □ 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 员姓名 | | 东吴证券柴嘉辉、颜玮，新华资产李浪 | | 时间 | 2021 年 12 月 17 日 | | | | | | | 地点 | 北京市海淀区西北旺东路 | 10 号院东区 4 号楼 | | | | | | 上市公司 接待人员 | | 公司董事、总经理朱明，董事、副总经理李杉，公司首席科学家、 | | 姓名 | | ...

证券代码： 002350 证券简称：北京科锐 1 北京科锐配电自动化股份有限公司投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |-------------------|----------------------------------|----------------------------------------------------------------| | | ■特定对象调研 | □分析师会议 | | 投资者关 | □媒体采访 | □业绩说明会 | | 系活动类 | □新闻发布会 | □路演活动 | | 别 | □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 | | 诚泰基金马跃峰、张家榕、众石财富赖伟涛、明世伙伴基金洪涛 | | 员姓名 | | | | 时间 | 2022 年 9 月 26 日 | | | | | | | 地点 | 北京市海淀区西北旺东路 | 10 号院东区 4 号楼 | | 上市公司 | | | | 接待人员 | 公司董事、副总经理、财务总监李杉 | | | 姓名 | | | | | 业务 ...

Financial Performance - Revenue for Q3 2022 was CNY 526,502,017.97, a decrease of 3.22% year-over-year, while year-to-date revenue reached CNY 1,481,421,178.10, an increase of 2.06%[2] - Net profit attributable to shareholders for Q3 2022 was CNY 2,870,287.06, down 91.69% year-over-year, with a year-to-date net loss of CNY 34,768,152.58, a decrease of 219.94%[2] - The net profit excluding non-recurring items for Q3 2022 was CNY 11,748,724.03, an increase of 495.60% year-over-year, while year-to-date it was a loss of CNY 24,886,272.45, down 512.84%[2] - Net profit for Q3 2022 was a loss of CNY 33,100,927.73, compared to a profit of CNY 33,439,711.27 in Q3 2021, reflecting a significant decline[21] - Basic and diluted earnings per share for Q3 2022 were both -0.0648, compared to 0.0535 in the same period last year, indicating a negative shift in profitability[21] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 3,572,816,183.60, an increase of 3.48% compared to the end of the previous year[2] - The company's total assets as of Q3 2022 amounted to CNY 3,572,816,183.60, compared to CNY 3,452,723,120.48 at the end of the previous year, showing an increase of approximately 3.5%[19] - Total liabilities for Q3 2022 were CNY 1,565,300,952.42, up from CNY 1,363,675,752.77 in the previous year, marking an increase of about 14.8%[19] - Shareholders' equity attributable to the parent company decreased by 6.07% year-over-year, amounting to CNY 1,815,416,233.05[2] - The company's total equity as of Q3 2022 was CNY 2,007,515,231.18, down from CNY 2,089,047,367.71 in the previous year, representing a decrease of approximately 3.9%[19] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 74,072,105.79, an increase of 148.02%[2] - The net cash flow from operating activities increased by CNY 228.34 million, a growth of 148.02%, mainly due to better collection of receivables during the reporting period[12] - The company's cash flow from operating activities for Q3 2022 was CNY 1,875,808,235.35, compared to CNY 1,700,914,195.15 in the same period last year, indicating a growth of approximately 10.3%[23] - The net cash flow from operating activities was $74,072,105.79, a significant improvement compared to a net outflow of -$154,267,962.17 in the previous year[24] - The ending balance of cash and cash equivalents was $468,779,733.66, compared to $257,114,376.94 at the end of the previous year[26] Investments and Expenses - The company reported a significant increase in development expenses, which rose by 60.23% to CNY 16,647,100.00, reflecting ongoing R&D investments[8] - Research and development expenses for Q3 2022 were CNY 71,388,139.38, an increase from CNY 65,034,334.44 in the previous year, reflecting a growth of about 9.5%[20] - The company reported an investment income of CNY 2,591,557.35 for Q3 2022, compared to CNY 643,803.26 in the same period last year, indicating a significant increase[21] - The company’s goodwill increased by 144.74% to CNY 10,570,850.00, primarily due to the acquisition of Beijing Wenli Technology Co., Ltd.[8] - The company’s short-term borrowings increased by 52.73% to CNY 12,492,890.00, indicating a need for additional working capital[9] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 57,205, with the top 10 shareholders holding a combined 43.83% of the shares[13] - Beijing Keri North Technology Development Co., Ltd. held 27.11% of the shares, with 110.28 million shares pledged[13] - The company repurchased a total of 13.19 million shares, accounting for 2.43% of the total share capital, with a total transaction amount of CNY 100.01 million[15] Inventory and Receivables - Inventory increased to CNY 569.31 million from CNY 398.70 million at the beginning of the year[17] - Accounts receivable decreased to CNY 739.65 million from CNY 950.80 million at the beginning of the year[17] Future Outlook - The company plans to continue focusing on market expansion and new product development strategies in the upcoming quarters[12]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥954.92 million, representing a 5.22% increase compared to ¥907.53 million in the same period last year [23]. - The net profit attributable to shareholders was a loss of approximately ¥37.64 million, a significant decline of 578.58% from a loss of ¥5.55 million in the previous year [23]. - The net cash flow from operating activities improved to a negative ¥22.11 million, a 77.35% increase compared to a negative ¥97.62 million in the same period last year [23]. - Total assets at the end of the reporting period were approximately ¥3.68 billion, reflecting a 6.63% increase from ¥3.45 billion at the end of the previous year [23]. - The company reported a basic earnings per share of -¥0.0697, a decrease of 583.33% from -¥0.0102 in the same period last year [23]. - The weighted average return on net assets was -1.97%, a decline of 1.67% compared to -0.30% in the previous year [23]. - The company's operating costs rose to ¥801,778,046.36, an increase of 11.35% from ¥720,054,583.29 in the same period last year [58]. - The gross profit margin was 16.04%, down 4.92% year-on-year, primarily due to delays in raw material procurement and product delivery caused by the COVID-19 pandemic [50]. Strategic Initiatives - The company is focused on enhancing its product offerings, including smart distribution automation solutions [12]. - The company is exploring market expansion opportunities and potential mergers and acquisitions to drive growth [12]. - The company is actively exploring new energy business and integrated energy services, focusing on IGBT, solar storage, and hydrogen technology [30]. - The company has established three main business systems: distribution equipment R&D and manufacturing, new energy investment and construction, and smart energy management [35]. - The company aims to achieve a hydrogen production capacity of 100,000 to 200,000 tons per year by 2025 as part of the hydrogen industry development plan [33]. - The company is expanding its market presence beyond the power grid sector into industries such as solar thermal, chemicals, metallurgy, and municipal services [47]. Risk Management and Compliance - The report outlines risk factors and management's strategies to address these risks, emphasizing the importance of investor awareness [5]. - The report emphasizes the importance of accurate financial data and compliance with regulatory requirements [4]. - The company is committed to compliance with regulatory requirements for its business operations, ensuring sustainable growth [76]. - The company has established a risk management system for hedging operations, focusing on matching the scale of hedging with actual production needs to avoid speculative trading [83]. Research and Development - The company is engaged in the manufacturing of power distribution and control equipment, with a focus on 12kV and below distribution and control devices [30]. - The company is advancing R&D projects, including a new generation of energy-efficient transformers and low-voltage photovoltaic micro-inverters, with various stages of development completed [52]. - The company has upgraded its EMS technology for smart distribution networks and virtual power plants, incorporating deep learning and edge computing technologies [53]. - Research and development expenses increased by 18.27% to ¥57,774,941.70, up from ¥48,851,722.56 in the previous year [58]. Environmental and Social Responsibility - The company is committed to environmental and social responsibility, as detailed in the report [28]. - The company has established a comprehensive environmental management system, ensuring compliance with standards for wastewater and emissions treatment [113]. - The company has introduced advanced equipment for the recovery and treatment of SF6 gas, ensuring compliance with environmental regulations [113]. Shareholder Engagement and Corporate Governance - The financial report is guaranteed to be true, accurate, and complete by the company's management, including the CEO and accounting head [4]. - All directors attended the board meeting to review the report, ensuring comprehensive oversight [5]. - The company held three shareholder meetings during the reporting period, with participation rates of 40.26% for the first extraordinary meeting and 37.52% for the annual meeting [100]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period [102]. - The employee stock ownership plan saw an increase in total shares held from 18.7 million to 20.57 million, representing 3.7926% of the total equity [104]. Market Trends and Economic Environment - In the first half of 2022, the total electricity consumption in China reached 4.10 trillion kWh, representing a year-on-year growth of 2.9% [32]. - As of June 2022, electricity investment increased by 12.0% year-on-year, with non-fossil energy generation investment accounting for 84.7% of total power investment [32]. - From January to July 2022, the State Grid Corporation completed grid investment of 236.4 billion yuan, a year-on-year increase of 19% [33]. Financial Position and Assets - The total assets as of June 30, 2022, amounted to ¥3,681,778,282.81, an increase from ¥3,452,723,120.48 on January 1, 2022 [166]. - Current assets totaled ¥2,246,462,328.89 as of June 30, 2022, compared to ¥2,054,965,427.25 at the beginning of the year, reflecting an increase of approximately 9.3% [165]. - The company's cash and cash equivalents decreased to ¥358,874,974.95 from ¥368,851,099.81, a decline of about 1.3% [165]. - Total liabilities rose to ¥1,642,994,320.40 as of June 30, 2022, compared to ¥1,363,675,752.77 at the start of the year, indicating an increase of about 20.5% [167]. Acquisitions and Investments - The company has completed the acquisition of Sichuan Yangming Shengwei Construction Engineering Co., Ltd., enhancing its operational capabilities [143]. - The company has also acquired all equity of Sichuan Qutang Construction Engineering Co., Ltd., further strengthening its portfolio [144]. - The company has invested 1,000,000 in the establishment of a new subsidiary focused on solar energy technology and services, holding a 100% stake [75]. - The company is planning to invest in photovoltaic power station operations and maintenance services [75]. Employee and Operational Management - The company emphasizes employee rights protection and has implemented various welfare measures, including annual health check-ups and supplementary medical insurance [109]. - The marketing team consists of over 200 personnel, with more than 90% holding a college degree, enhancing the company's contract acquisition capabilities [46]. - The company has successfully implemented measures to protect supplier rights, fostering a mutually beneficial relationship with suppliers [111].

2022 年第一季度报告 证券代码：002350 证券简称：北京科锐 公告编号：2022-046 北京科锐配电自动化股份有限公司 2022 年第一季度报告 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、第一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 2022 年第一季度报告 | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | -28,280.75 | | | --- | --- | --- | | 计入当期损益的政府补助（与公司正常经营业务密切相关，符 合国家政策规定、按照一定标准定额或定量持续享受的政府补 | 400,291.88 注 1 | | | 助除外） | | ...

Financial Performance - The company's operating revenue for 2021 was ¥2,333,181,209.67, representing a 6.88% increase compared to ¥2,182,895,355.92 in 2020[22]. - The net profit attributable to shareholders for 2021 was ¥108,522,656.91, a significant increase of 98.13% from ¥54,774,563.67 in 2020[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥72,391,619.66, up 59.83% from ¥45,293,587.80 in 2020[22]. - The net cash flow from operating activities for 2021 was ¥120,773,672.26, an increase of 8.45% compared to ¥111,365,786.06 in 2020[22]. - The basic earnings per share for 2021 was ¥0.2001, reflecting a 95.60% increase from ¥0.1023 in 2020[22]. - The total assets at the end of 2021 were ¥3,452,723,120.48, a 4.08% increase from ¥3,317,373,546.47 at the end of 2020[22]. - The net assets attributable to shareholders at the end of 2021 were ¥1,932,650,752.10, up 3.71% from ¥1,863,426,781.77 at the end of 2020[22]. - The weighted average return on net assets for 2021 was 5.72%, an increase from 3.01% in 2020[22]. - The gross profit margin was 20.96%, a decrease of 0.91 percentage points compared to the previous year[53]. - The company reported a significant increase in overseas sales, with a gross profit margin of 47.48% for international operations[62]. Dividend Policy - The company plans to distribute a cash dividend of 0.10 yuan per 10 shares (including tax) to all shareholders[5]. - The cash dividend for 2021 is proposed at CNY 0.10 per 10 shares, with a total cash dividend amount of CNY 5.37 million, and an additional CNY 19.99 million through other means, totaling CNY 25.36 million[190]. - The total distributable profit for the year is CNY 373.53 million, with the total cash dividend (including other means) accounting for 100% of the profit distribution[190]. - The cash dividend policy mandates a minimum distribution of 10% of the available profit for the year, with a cumulative distribution of at least 30% over the last three years[181]. - The company aims for a cash dividend ratio of at least 80% for mature companies without significant capital expenditure plans[182]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies[5]. - The report includes a section on risk factors and countermeasures for future development[5]. - The company has established a risk management system for derivative transactions, ensuring that the scale of hedging aligns with actual production needs[97]. - The independent directors believe that the hedging activities are necessary to mitigate market risks associated with raw material price fluctuations[97]. - The company has implemented measures to control risks associated with market volatility and liquidity in futures trading[96]. Governance and Compliance - The financial report is guaranteed to be true, accurate, and complete by the company's management[4]. - The report outlines the company's governance structure and responsibilities[4]. - All directors attended the board meeting to review the report[5]. - The company has a structured board of directors with independent members, ensuring compliance with governance standards[126]. - The company has implemented a robust internal audit system to enhance operational compliance and protect shareholder interests[132]. Market Strategy and Expansion - The company is focused on developing new technologies and expanding its market presence[13]. - The company aims to expand its market presence in the renewable energy sector, driven by the national "dual carbon" strategy and the push for carbon neutrality in the power industry[36]. - The company plans to leverage the investment plans of State Grid and Southern Power Grid, which are projected to invest approximately ¥670 billion and ¥320 billion respectively during the 14th Five-Year Plan period[35][36]. - The company is actively exploring new energy business opportunities, including distributed photovoltaic power stations and integrated energy services[43]. - The company is pursuing new business opportunities in renewable and integrated energy sectors through acquisitions and partnerships, with an emphasis on risk management[115]. Research and Development - The company is developing a new series of distributed DTU products to replace the previous generation, aiming for a cost reduction of over 10%[74]. - The company plans to expand its product line in the renewable energy sector, including the development of a low-voltage photovoltaic micro-inverter[75]. - R&D expenses were ¥87,727,190.72, down 6.82% from the previous year[73]. - Total R&D investment amounted to ¥104,164,330.79, a decrease of 4.52% year-on-year[75]. - The company has obtained 48 new intellectual property rights during the reporting period, including 2 invention patents and 21 utility model patents[57]. Employee and Management Structure - The total number of employees at the end of the reporting period was 1,761, with 887 in the parent company and 874 in major subsidiaries[178]. - The professional composition includes 607 production personnel, 240 sales personnel, 505 technical personnel, and 148 management personnel[178]. - The company has established a competitive salary incentive system, continuously optimizing performance management and enhancing employee motivation[179]. - The training program for 2021 focused on enhancing employee skills and leadership capabilities, significantly improving work style and organizational atmosphere[180]. - The company has a total of 15 subsidiaries, including wholly-owned and controlling subsidiaries, indicating a strong market presence[162]. Strategic Acquisitions - The company signed a major acquisition agreement for Beijing Keri Green Energy Technology Co., with a purchase cost of ¥7,304,300.00, acquiring 100% equity[68]. - The company completed the acquisition of Beijing Kairui New Energy Technology Development Co., Ltd. with an investment of 100,000,000.00 CNY, holding a 100% stake[91]. - The company has appointed several independent directors, contributing to governance and oversight[166]. - The company is considering strategic acquisitions to enhance its service offerings, with a budget of 200 million allocated for potential deals[152]. Financial Health and Investments - The net cash flow from investment activities was -¥150,096,582.72, a significant decrease of 349.98% from -¥33,356,001.29 in the previous year, primarily due to payments for equity transfers and investments[77]. - The company has made a significant equity investment of CNY 135,000,000.00, acquiring a 13.50% stake in a new energy investment fund[90]. - The company has restricted cash of CNY 42,364,111.91, primarily due to guarantees for bank acceptance bills and futures margin[87]. - The total financial assets at the end of the period amounted to CNY 189,407,894.30, with a significant increase from the beginning of the period's CNY 103,169,649.01[85]. - The company reported a net profit increase of approximately 41.80 million yuan due to the fair value changes of its investment in Beijing Guoding Jun'an Tianxia Equity Investment Partnership[105].

Financial Performance - The company's operating revenue for Q3 2021 was ¥543,992,233.62, a decrease of 13.90% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2021 was ¥34,535,061.89, an increase of 0.34% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,972,571.96, a significant decrease of 94.24% compared to the previous year[2]. - Total revenue for Q3 2021 reached ¥1,451,524,887.72, a slight increase of 1.9% compared to ¥1,431,673,439.41 in Q3 2020[18]. - Net profit for Q3 2021 was ¥33,439,711.27, representing a 15.5% increase from ¥28,929,733.87 in Q3 2020[19]. - The total comprehensive income for the period attributable to the parent company was CNY 28,688,387.52, an increase from CNY 25,882,223.31 in the previous period, representing a growth of approximately 10.6%[20]. - Basic and diluted earnings per share for the period were both CNY 0.0535, compared to CNY 0.0477 in the previous period, reflecting an increase of 17.9%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥154,267,962.17, a decline of 190.76%[2]. - Cash flow from operating activities decreased by 101.2114 million RMB, a reduction of 190.76%, mainly due to increased prepayments to suppliers for data center equipment[9]. - Cash inflows from operating activities totaled CNY 1,824,683,547.86, up from CNY 1,781,811,072.95, indicating a growth of 2.4%[22]. - The net cash flow from operating activities was negative CNY 154,267,962.17, worsening from negative CNY 53,056,598.29 in the previous period[23]. - Cash inflows from financing activities amounted to CNY 272,000,000.00, compared to CNY 198,000,000.00 in the previous period, marking an increase of 37.4%[23]. - The net cash flow from financing activities improved to CNY 61,522,056.34 from negative CNY 8,296,962.79 in the previous period[23]. - The ending cash and cash equivalents balance was CNY 257,114,376.94, down from CNY 313,367,596.87 in the previous period, a decrease of 17.9%[23]. - The company reported a total cash outflow from investing activities of CNY 35,379,320.81, slightly higher than CNY 33,336,841.77 in the previous period[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,431,222,107.96, an increase of 3.43% from the end of the previous year[2]. - Total assets as of September 30, 2021, amounted to ¥3,431,222,107.96, up from ¥3,317,373,546.47 at the end of 2020, reflecting a growth of 3.4%[16]. - Total liabilities increased to ¥1,379,819,281.24 from ¥1,249,322,990.76, representing a rise of 10.4%[16]. - Total liabilities reached $1,249,322,990.76, reflecting a decrease of $2,491,831.03 from the last reporting period[28]. - Current liabilities were $1,236,002,261.90, with a minor decrease of $306,817.17 from the previous period[27]. Investments and Expenses - The company received government subsidies amounting to ¥1,094,606.41 during the reporting period, primarily related to solar energy projects[4]. - Development expenses increased by 9.0394 million RMB, a growth of 71.26%, mainly due to R&D investments in ongoing projects during the reporting period[9]. - Research and development expenses for Q3 2021 were ¥65,034,334.44, compared to ¥56,960,911.53 in Q3 2020, indicating an increase of 14.5%[19]. - Long-term deferred expenses increased by 6.0904 million RMB, a growth of 47.71%, primarily for expenses related to obtaining product type test reports during the reporting period[9]. - Financial expenses decreased by 2.3287 million RMB, a reduction of 34.81%, mainly due to a decrease in average loan amounts leading to lower interest expenses[9]. Other Financial Metrics - The weighted average return on equity was 1.84%, a slight decrease of 0.07% compared to the previous year[2]. - The company’s goodwill remained constant at $46,694,952.19[27]. - Deferred tax assets were reported at $32,375,551.44, unchanged from the previous period[27]. - The company has adopted new leasing standards starting from 2021, which required adjustments to the financial statements[24]. - The company did not report any net profit from subsidiaries prior to consolidation during the current and previous periods[20]. - The third-quarter report was not audited, indicating preliminary figures[30].

Financial Performance - The company's operating revenue for the reporting period was ¥907,532,654.10, representing a 13.46% increase compared to ¥799,888,215.83 in the same period last year[21]. - The net profit attributable to shareholders was -¥5,546,674.37, an improvement of 35.01% from -¥8,535,018.09 year-on-year[21]. - The net cash flow from operating activities was -¥97,620,900.60, showing a 47.14% improvement from -¥184,690,376.24 in the previous year[21]. - The total assets at the end of the reporting period were ¥3,302,292,045.32, a decrease of 0.45% from ¥3,317,373,546.47 at the end of the previous year[21]. - The company's operating costs increased to ¥720,054,583.29, up 11.93% from ¥643,289,776.02 in the previous year[53]. - The company's basic and diluted earnings per share improved to -¥0.0102, a 41.38% increase from -¥0.0174 year-on-year[21]. - The company's total liabilities increased to ¥1,101,035,191.85 from ¥1,111,982,102.42, indicating a decrease of 0.8%[183]. - The company's total equity attributable to shareholders at the end of the reporting period was 1,969.2 million yuan, compared to 1,775.0 million yuan at the end of the previous period, reflecting an increase of approximately 10.9%[200]. Corporate Governance - The company’s legal representative is Fu Xiaodong, and the financial report is confirmed to be true, accurate, and complete by the responsible personnel[4]. - The company held its first temporary shareholders' meeting and the first meeting of the seventh board of directors on March 26, 2021, to approve changes in business scope and amendments to the articles of association[20]. - The company’s board of directors underwent a restructuring on March 26, 2021, with several appointments and dismissals[104]. - The company has established a management committee for the employee stock ownership plan, ensuring proper governance and oversight[110]. - The independent directors believe that the hedging business is necessary to mitigate market risks from raw material price fluctuations, ensuring overall risk is controllable[75]. Risk Management - The company emphasizes the importance of risk factors and their management strategies in the report[5]. - The company will implement strict risk control measures, including setting reasonable stop-loss limits and enhancing market analysis to mitigate price volatility risks[74]. - The company recognizes the importance of continuous innovation in maintaining its competitive edge and plans to expand its talent pool and enhance its organizational structure[97]. - The company has established procurement agreements with strategic suppliers to improve pricing power and plans to engage in futures trading to hedge against raw material price volatility[99]. Research and Development - The company is actively developing smart energy management and service cloud platforms, aiming to position itself as a leading provider of smart distribution equipment and integrated services[32]. - Research and development expenses rose by 16.48% to ¥48,851,722.56 from ¥41,938,784.08 year-on-year[54]. - The company has invested 1,576.09 million in research and development, focusing on innovative technologies in the electrical and automation sectors[80]. - The company completed the design and verification of several new products, including a high-efficiency transformer and a new structure for a large-capacity dry transformer[50][51]. Market Presence and Strategy - The company has established a nationwide sales network covering over 30 provinces, with a focus on direct sales through bidding for state grid projects[35]. - The company is expanding its market presence beyond the power grid, targeting industries such as solar thermal, chemicals, metallurgy, and municipal services[43]. - The company is actively expanding its market presence through strategic partnerships and collaborations in the renewable energy sector[80]. - The company aims to diversify its customer base and explore new markets beyond the power grid system to mitigate risks associated with customer concentration[96]. Environmental and Social Responsibility - The report includes a section on environmental and social responsibility, highlighting the company's commitment to these areas[31]. - The company has implemented comprehensive environmental management measures, including the recovery of SF6 gas and proper disposal of hazardous waste[114]. - The company received energy-saving product certifications for various types of transformers, which significantly reduce power loss and indirectly decrease CO2 emissions[115]. - The company invested in a smart energy management demonstration project, expected to reduce CO2 emissions by approximately 179,200 tons over a 25-year period[115]. Shareholder Relations - The company has established multiple channels for investor relations, including an investor consultation hotline and an interactive platform, to protect the interests of minority shareholders[116]. - The company has not sold any significant assets during the reporting period[76]. - The company has not engaged in any significant litigation or arbitration matters during the reporting period[127]. - The company has a total of 6 ongoing lawsuits related to sales contracts, with 1 case settled and 2 judgments effective during the reporting period[128]. Subsidiaries and Acquisitions - Major subsidiaries contributing over 10% to the company's net profit include Beijing Keri Bo Electric Equipment Co., Ltd., with a net profit of 9.298 million yuan[78]. - The company has established a new wholly-owned subsidiary, Beijing Keri Borun Testing Technology Service Co., with an investment of up to RMB 10 million for testing services[83]. - The company acquired 100% equity of Beijing Keri Lvtong New Energy Vehicle Leasing Co. for RMB 7.3043 million, enhancing its presence in the new energy vehicle sector[87]. - The company is actively expanding its market presence through investments in subsidiaries focused on energy efficiency and environmental technology[86]. Financial Management - The company reported a total capital reserve of 789.56 million yuan, which is a significant component of its equity structure[200]. - The company has a risk reserve of 101.38 million yuan, which serves as a buffer against potential financial uncertainties[199]. - The company has maintained a good relationship with lending banks, ensuring asset and fund security[116]. - The company has not engaged in any repurchase transactions among its top shareholders during the reporting period[163].