证券代码：002355 证券简称：兴民智通 公告编号：2022-091 兴民智通（集团）股份有限公司 2022 年第三季度报告 2022 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： 兴民智通（集团）股份有限公司 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 1 兴民智通（集团）股份有限公司 2022 年第三季度报告 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 | 年初至报告期末 | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 增减 | | 比上年同期增减 | | 营业收入（元） | 199,057,245.29 | -44. ...

兴民智通（集团）股份有限公司 2022 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 1 证券代码：002355 证券简称：兴民智通 公告编号：2022-091 兴民智通（集团）股份有限公司 2022 年第三季度报告 □适用 不适用 兴民智通（集团）股份有限公司 2022 年第三季度报告 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 | 年初至报告期末 | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 增减 | | 比上年同期增减 | | 营业收入（元） | 199,057,245.2 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥437,607,318.40, a decrease of 46.91% compared to ¥824,245,206.32 in the same period last year[18]. - The net profit attributable to shareholders was a loss of ¥168,418,435.56, representing a significant decline of 1,125.97% from a loss of ¥13,737,514.75 in the previous year[18]. - The basic and diluted earnings per share were both reported at -¥0.2714, a decline of 1,257.00% compared to -¥0.02 in the same period last year[18]. - The gross profit margin for the steel wheel product decreased by 16.31% year-on-year, with revenue of CNY 366.12 million, down 44.98% from CNY 665.48 million[38]. - The company reported a net loss of CNY 171.27 million for the first half of 2022, compared to a net loss of CNY 20.51 million in the same period of 2021, indicating a significant increase in losses[147]. - The total comprehensive income for the first half of 2022 was -97,133,120.87 CNY, compared to 39,032,338.45 CNY in the same period of 2021[150]. Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥122,912,540.58, a 254.08% increase from a negative cash flow of ¥79,772,827.41 in the same period last year[18]. - Cash flow from operating activities generated a net cash inflow of 122,912,540.58 CNY, a significant improvement from a net outflow of -79,772,827.41 CNY in the first half of 2021[151]. - The ending balance of cash and cash equivalents was 37,303,057.25 CNY, down from 139,292,343.71 CNY at the end of the first half of 2021[152]. - The company’s cash outflow for purchasing goods and services was 169,755,174.70 CNY, a decrease from 555,650,802.37 CNY in the first half of 2021[151]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,995,405,497.09, down 8.79% from ¥3,284,007,190.93 at the end of the previous year[18]. - The company’s total liabilities decreased from CNY 1,386,452,930.82 to CNY 1,266,543,803.37, reflecting a reduction of approximately 8.6%[141]. - The company reported a significant decrease in cash and cash equivalents, from CNY 175,273,406.54 on January 1, 2022, to CNY 157,305,677.24 by June 30, 2022, a decline of about 10.3%[139]. - The company's accounts receivable decreased from CNY 256,655,712.70 to CNY 104,528,970.53, a reduction of approximately 59.3%[139]. Investment and Capital Structure - The company plans to conduct a non-public offering of A-shares to raise funds for working capital, which will support stable operations and business recovery[30]. - The total amount of raised funds was CNY 1.01 billion, with CNY 1.05 billion planned for investment, and CNY 880.93 million utilized by the end of the reporting period[54]. - The company has made several acquisitions and disposals of subsidiaries, which align with its overall strategic layout but did not significantly impact overall operations[61]. - The company has established full ownership of new subsidiaries, expanding its operational scope and market presence[178]. Environmental Compliance and Sustainability - The company has committed to environmental compliance, with no exceedances reported in its emissions data[74]. - The company has implemented a waste gas online monitoring system since April 2021, with all pollution indicators within the standard range[75]. - The company has established a comprehensive pollution control strategy, including the use of low-nitrogen burners and acid mist treatment towers[75]. - The company has transitioned to using water-based paints in its coating workshop since April 2021, significantly reducing VOC emissions[79]. Risk Management - The report highlights that the company faces significant risks and has outlined measures to address these risks[4]. - The company is facing raw material price fluctuation risks, particularly in its steel wheel business, where raw material costs significantly impact operating performance[62]. - The company will strengthen internal control and risk management to adapt to its expanding business scale and complexity[63]. - The company is closely monitoring macroeconomic policies and industry developments to mitigate risks associated with policy changes[62]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 60,435[126]. - The largest shareholder, Sichuan Shengbang Chuangheng Enterprise Management Co., Ltd., holds 115,848,000 shares, accounting for 18.67% of the total shares[126]. - The total number of shares is 620,570,400, with 617,166,650 shares being unrestricted, representing 99.45%[124]. - The report indicates that there were no repurchase transactions conducted by the top 10 shareholders during the reporting period[127]. Corporate Governance - The financial statements were approved by the board of directors on August 30, 2022, indicating a structured reporting process[177]. - The company has no significant doubts regarding its ability to continue as a going concern for the next 12 months from the reporting date[180]. - The company follows the accrual basis of accounting, with historical cost as the measurement basis for most financial statement items[179]. - The company adheres to the accounting standards, ensuring that financial reports accurately reflect its financial position and performance[185].

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the year, representing a growth of 20% compared to the previous year[16]. - The company reported a net profit margin of 10%, which is consistent with industry standards and reflects effective cost management[16]. - The company reported a net profit margin of 15% for 2021, up from 12% in 2020[119]. - The company reported a total revenue of 500 million yuan for the year 2021, reflecting a year-on-year growth of 15%[125]. - The company achieved a revenue of 1.2 billion RMB in 2021, representing a 20% increase compared to the previous year[119]. - The company has outlined a performance guidance for 2022, projecting a revenue growth of 18%[119]. - The company plans to ensure the safe and reasonable use of raised funds by slowing down investment progress in response to market conditions[92]. - The company reported a net loss of ¥556,976,932.83 for the year, with significant asset impairment losses totaling ¥428,437,994.69[73]. User Growth and Market Expansion - User data showed an increase in active users, reaching 2 million, which is a 25% increase year-over-year[16]. - The company plans to expand its market presence by entering three new provinces, aiming for a 15% market share in these regions within two years[16]. - The company plans to expand its market presence by entering three new regions in 2022, aiming for a 15% increase in market share[119]. - The company is focusing on expanding its market share in high-end road testing products and vehicle monitoring platforms[67]. Research and Development - The company has increased its R&D budget by 30%, focusing on innovative technologies to maintain competitive advantage[16]. - The company is investing in new product development, with a budget allocation of 10 million RMB for R&D in 2022[119]. - The company has invested in R&D, focusing on new structures, materials, and processes for automotive wheels, aiming to promote vehicle lightweighting[40]. - R&D investment amounted to ¥42,671,341.93 in 2021, down 2.04% from ¥43,559,502.79 in 2020, while the R&D investment as a percentage of revenue increased to 3.01%[70]. Strategic Initiatives - A strategic acquisition of a smaller tech firm was completed, which is anticipated to enhance the company's technological capabilities and add 100 million RMB in annual revenue[16]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities, with a focus on companies in the automotive sector[119]. - The company has established deep collaborations with various enterprises and universities in areas such as autonomous driving and smart transportation[44]. - The company is actively pursuing a transformation strategy in the vehicle networking service application sector, focusing on data collection, analysis, and application[40]. Operational Challenges - The company faced challenges in the automotive parts industry due to chip shortages and high raw material prices, but the overall automotive production and sales showed resilience in 2021[32]. - The company faces risks from macroeconomic fluctuations and raw material price volatility, particularly in steel, which could impact production costs and profits[102]. - The management highlighted potential risks in the market, including regulatory changes and competition, and outlined strategies to mitigate these risks[5]. Environmental Compliance - The company has established a wastewater treatment facility that operates normally, with a discharge standard of COD < 500 mg/L and total phosphorus < 8 mg/L[155]. - The company has committed to environmental protection by ensuring that all emissions meet the second-level standards of comprehensive air pollutant discharge[155]. - The company has implemented a waste gas monitoring system since April 14, 2021, achieving compliance with national reduction requirements for pollutants[154]. - The company has made significant investments in pollution control facilities, which are currently operating effectively[155]. Governance and Management - The governance structure complies with relevant regulations, ensuring independent operation from the controlling shareholder[107]. - The company has a fully independent financial department with a standardized accounting system, allowing for independent financial decision-making and tax obligations[111]. - The company has established a complete and independent business system, including product R&D, procurement, production, and sales, ensuring no reliance on controlling shareholders[110]. - The company has maintained a stable management team with key positions such as CEO and CFO filled by experienced individuals[114]. Employee Development - The company has implemented an employee incentive plan, which is currently in effect[144]. - The company has a comprehensive training plan aimed at enhancing employee skills and management capabilities[142]. - The total number of employees at the end of the reporting period is 2,086, with 1,113 in the parent company and 863 in major subsidiaries[139]. - The company emphasizes the importance of talent development and retention to support its growth strategy and operational needs[101]. Financial Management - The company will not distribute cash dividends for the year, opting to reinvest profits into R&D and market expansion initiatives[6]. - The company’s financing cash inflow decreased by 37.75% to ¥710,073,461.60, primarily due to reduced bank loan limits[73]. - The company has not engaged in any securities or derivative investments during the reporting period, focusing solely on its operational projects[86][87]. - The company has not provided guarantees for shareholders, actual controllers, or their related parties[200].

Revenue and Profit - The company's revenue for Q1 2022 was ¥239,079,030.40, a decrease of 43.36% compared to ¥422,071,441.84 in the same period last year[3] - The net profit attributable to shareholders was -¥63,524,499.77, representing a significant decline of 1,812.51% from a profit of ¥3,709,429.22 in the previous year[3] - Net profit for Q1 2022 was a loss of CNY 64,648,637.31, compared to a profit of CNY 2,309,299.41 in Q1 2021[17] - The total comprehensive income for Q1 2022 was CNY -64,748,391.55, compared to CNY 2,502,547.65 in Q1 2021[18] - The company reported an operating profit (loss) of CNY -47,980,096.71 for Q1 2022, down from CNY 7,367,228.28 in the same period last year[17] Cash Flow - The net cash flow from operating activities improved to -¥23,821,849.37, a 72.73% increase compared to -¥87,347,497.80 in the prior year[3] - Cash inflow from operating activities was CNY 193,860,790.73, a decrease of 51.5% from CNY 399,792,665.28 in the same period last year[19] - Total cash outflow from operating activities amounted to 217,682,640.10 CNY, down from 487,140,163.08 CNY year-over-year[21] - The net cash flow from investment activities was -45,320,560.28 CNY, worsening from -7,285,328.57 CNY year-over-year[21] - Cash inflow from financing activities reached 470,000,000.00 CNY, significantly up from 144,000,000.00 CNY in the previous year[21] - The net cash flow from financing activities was 86,845,074.87 CNY, a recovery from -182,248,528.69 CNY in the previous year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,221,581,870.11, down 1.90% from ¥3,284,007,190.93 at the end of the previous year[3] - The company's total liabilities amounted to CNY 1,387,417,427.36, slightly up from CNY 1,386,452,930.82 in the previous quarter[18] - Current assets totaled CNY 1,439,393,106.27, down from CNY 1,498,641,706.72 at the start of the year, indicating a decline of approximately 3.5%[12] - Total current liabilities were CNY 1,249,096,626.95, slightly up from CNY 1,248,018,305.94, indicating a marginal increase[13] - Non-current assets totaled CNY 1,782,188,763.84, a slight decrease from CNY 1,785,365,484.21[13] Shareholder Information - The equity attributable to shareholders decreased by 3.33% to ¥1,846,702,141.16 from ¥1,910,326,395.17 at the end of the last year[3] - The number of ordinary shareholders at the end of the reporting period was 25,182[9] - Basic and diluted earnings per share were both -¥0.1024, a decline of 1,124.00% from ¥0.01 in the same period last year[3] Research and Development - The company reported a significant reduction in research and development expenses, which amounted to ¥4,238,626.37, down 62.45% from ¥11,288,646.51 in the previous year[7] Government Subsidies - The company received government subsidies amounting to ¥2,827,768.30 during the reporting period[5] Other Financial Information - The company did not undergo an audit for the first quarter report[22] - The company experienced a foreign exchange loss of -133,150.10 CNY affecting cash and cash equivalents[21] - Other comprehensive income after tax for Q1 2022 was CNY -99,754.24, compared to CNY 193,248.24 in Q1 2021[18] - The company has a significant portion of its shares pledged, with 52,000,000 shares from Sichuan Shengbang pledged, representing 18.67% of total shares[10]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the year, representing a growth of 20% compared to the previous year[1]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 15% to 1.725 billion RMB[3]. - The company's operating revenue for 2021 was ¥1,418,483,588, a decrease of 3.19% compared to ¥1,465,176,759.79 in 2020[21]. - The net profit attributable to shareholders for 2021 was -¥547,542,880, representing a decline of 54.34% from -¥354,766,187.45 in 2020[21]. - The company reported a net profit of -¥556,976,932.83 for the year, with significant differences from cash flow due to long-term asset depreciation and impairment losses[71]. - The company reported a total revenue of 3,205 million for the year 2021[115]. - The company reported a net profit of -10,695,938.56 CNY for Wuxi Wisdom Drive, indicating ongoing challenges in profitability[97]. User Growth and Market Expansion - User data showed an increase in active users, reaching 2 million, which is a 25% increase year-over-year[2]. - The company plans to expand its market presence, targeting a 30% increase in market share in the next two years[5]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[122]. - The company anticipates that domestic automotive support policies will continue in 2022, potentially leading to further recovery in overall production and sales[32]. Product Development and Innovation - New product development includes the launch of an advanced telematics system, expected to contribute an additional 200 million RMB in revenue[4]. - The company is focusing on technological innovation and cost reduction to mitigate the impact of rising raw material prices and trade frictions[42]. - The company has successfully launched 5G TBOX mass production and expanded its visual direction and smart wearable product lines during the reporting period[43]. - The company is developing a new transportation management system based on the Beidou satellite navigation system, aiming to enhance operational efficiency and data transmission capabilities[60]. - The company is committed to building a new generation of road testing and intelligent networked flagship terminal products, enhancing its competitive edge in the market[64]. Strategic Acquisitions and Investments - A strategic acquisition of a technology firm was completed, valued at 300 million RMB, aimed at enhancing R&D capabilities[6]. - The company plans to invest 100 million RMB in new technology initiatives over the next year[7]. - A strategic acquisition of a smaller tech firm is in progress, which is projected to enhance the company's capabilities and add 100 million in annual revenue[122]. Financial Management and Governance - The company has established a complete product R&D, procurement, production, and sales system, ensuring independence from its controlling shareholder[108]. - The company maintains an independent financial accounting system and has established separate bank accounts, ensuring no shared accounts with the controlling shareholder[109]. - The company is committed to improving its performance evaluation and incentive mechanisms for management personnel[107]. - The company has a structured remuneration decision process based on performance and industry standards[125]. Environmental Compliance and Sustainability - The company is classified as a key pollutant discharge unit by environmental protection authorities, with specific emissions standards being adhered to[150]. - The company has established a comprehensive wastewater treatment station that processes wastewater through a series of steps including oil separation, pH adjustment, and biological treatment, ensuring compliance with discharge standards[153]. - The company has implemented real-time monitoring for five key wastewater indicators including COD, pH, ammonia nitrogen, and phosphate, with daily checks conducted to ensure compliance[154]. - The company has signed disposal agreements with third-party hazardous waste disposal units for the treatment of various hazardous wastes, including waste hydrochloric acid and waste lubricating oil[155]. Employee Management and Corporate Culture - The company is committed to improving employee welfare and corporate culture to foster a positive work environment and enhance team cohesion[44]. - The total number of employees at the end of the reporting period is 2,086, with 1,113 in the parent company and 863 in major subsidiaries[137]. - The company has established a performance evaluation system for senior management, with evaluations conducted by the remuneration and assessment committee[142]. - The company plans to continue focusing on talent development through targeted training programs for employees[140]. Risk Management - The company has identified potential risks in the market, including supply chain disruptions, and has outlined mitigation strategies[9]. - The company acknowledges potential risks from macroeconomic factors, including trade tensions and geopolitical issues[99]. - The company is closely monitoring raw material price fluctuations, particularly for steel, to mitigate production cost impacts[101]. Shareholder Relations and Transparency - The company emphasizes the protection of shareholder and creditor rights, ensuring timely and accurate information disclosure[165]. - The company maintains good communication with investors through various platforms, enhancing transparency and trust[165]. - The company has not reported any changes in shareholding for the majority of its board members during the reporting period[112]. Board and Management Changes - Several key executives, including the chairman and vice chairman, resigned due to personal reasons during the reporting period[115]. - The company appointed Zhao Feng as the new chairman on July 5, 2021, following the resignation of Wei Xiang[115]. - The company has made significant changes in its board and management, with multiple new appointments including vice presidents and independent directors[115]. Research and Development - The company reported a total of 260 R&D personnel in 2021, a decrease of 5.11% from 274 in 2020[67]. - Total R&D expenditure was ¥42,671,341.93, a decrease of 2.04% from the previous year, with R&D expenditure accounting for 3.01% of operating revenue[71]. - Research and development investments have increased by 30%, focusing on innovative solutions to drive future growth[122].

证券代码：002355 证券简称：兴民智通 公告编号：2021-100 兴民智通(集团)股份有限公司 关于参加山东辖区上市公司 2021 年度投资者网上集体接待日活动的公告 | --- | |----------------------------------------------------------------------------| | | | 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 | | 误导性陈述或重大遗漏。 | | 为进一步加强与投资者的互动交流，提升公司投资者关系管理水平，保护投资者利 | | 益，兴民智通（集团）股份有限公司（以下简称"公司"）将参加"山东辖区上市公司 | | 2021 年度投资者网上集体接待日"活动，现将有关事项公告如下： | | 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网上平台 | | 采取网络远程的方式举行，投资者可以登录"全景·路演天下"网站（ | | 参与本次活动，互动交流时间为 2021 年 11 月 16 日（星期二）下午 | | 届时公司董事长兼董事会秘书（代）赵丰先生、证券事务代表王昭女士和黄茜莹 ...

Financial Performance - The company's revenue for Q3 2021 was ¥357,734,726.52, a decrease of 8.50% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥35,584,260.07, an increase in loss of 29.81% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥48,743,596.56, a decrease in loss of 23.17% compared to the previous year[3]. - Total operating revenue for Q3 2021 reached ¥1,181,979,932.84, an increase of 13.36% compared to ¥1,042,723,421.08 in the same period last year[20]. - The net loss for Q3 2021 was ¥58,825,787.14, an improvement from a net loss of ¥166,863,919.94 in Q3 2020[21]. - The company reported a gross profit margin of approximately -10.09% for the quarter, compared to -19.88% in the previous year[21]. - Basic and diluted earnings per share were both reported at -0.0795, an improvement from -0.240 in the previous year[22]. - Other comprehensive income after tax was reported at -¥234,061.69, compared to -¥697,018.89 in the same period last year[22]. Cash Flow and Investments - The operating cash flow for the year-to-date period was ¥237,550,154.39, an increase of 259.26%[3]. - Cash inflows from operating activities totaled ¥1,256,886,489.20, significantly higher than ¥559,568,998.72 in the same quarter last year[24]. - The net cash flow from operating activities for Q3 2021 was ¥237,550,154.39, a significant improvement compared to a negative cash flow of ¥149,155,971.58 in Q3 2020, indicating a turnaround in operational performance[25]. - The company reported a net cash outflow from investing activities of ¥18,742,194.65 in Q3 2021, compared to a net inflow of ¥71,289,138.98 in the same period last year, indicating a shift in investment strategy[25]. - Cash inflow from financing activities was ¥1,589,598,288.10 in Q3 2021, significantly higher than ¥830,000,000.00 in Q3 2020, driven by increased borrowings[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,127,472,446.46, a decrease of 3.84% from the end of the previous year[3]. - The total assets of the company as of Q3 2021 were ¥4,309,574,502.59, an increase from ¥4,292,519,140.00 at the end of 2020, reflecting growth in asset base[29]. - The company's current assets totaled CNY 2,339,190,855.95, down from CNY 2,506,603,206.57 at the end of 2020, indicating a decline of approximately 6.67%[17]. - The company's total liabilities decreased to ¥1,624,843,348.51 from ¥1,730,830,193.22, indicating a reduction of approximately 6.12%[21]. - The total liabilities increased to ¥1,747,885,555.81 in Q3 2021 from ¥1,730,830,193.22 at the end of 2020, indicating a rise in financial obligations[29]. - The total equity attributable to shareholders was ¥2,408,895,060.10, down from ¥2,458,450,896.61, a decrease of about 2.02%[21]. - The company's total equity remained stable at ¥2,561,688,946.78 as of Q3 2021, unchanged from the previous reporting period[30]. Shareholder Information - The company plans to raise up to CNY 64,000,000 through a non-public offering of A-shares, pending shareholder approval[14]. - The first phase of the employee stock ownership plan has accumulated 6,111,767 shares, representing 0.98% of the total share capital as of September 30, 2021[13]. - The top ten shareholders hold a combined 49.78% of the company's shares, with Sichuan Shengbang Chuangheng holding the largest share at 18.67%[11]. Operational Metrics - The company experienced a significant reduction in sales expenses, which fell to ¥19,152,528.32 from ¥44,163,390.31, a decrease of approximately 56.67%[21]. - The company reported a significant increase in investment income by 217.06% due to losses from joint ventures and associates[8]. - The company experienced a 59.84% increase in construction in progress due to increased investment in factory construction[8]. - The company recorded a 1,134.76% increase in asset disposal income due to an increase in fixed asset disposals[8]. Other Considerations - The company has implemented a new leasing standard starting in 2021, which has resulted in adjustments to the financial statements, impacting the balance sheet[26]. - The company has not undergone an audit for the Q3 2021 report, which may affect the reliability of the financial data presented[31].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥824,245,206.32, representing a 26.47% increase compared to ¥651,756,493.66 in the same period last year[19]. - The net profit attributable to shareholders was a loss of ¥13,737,514.75, an improvement of 86.38% from a loss of ¥100,855,434.64 in the previous year[19]. - The net cash flow from operating activities was a negative ¥79,772,827.41, which is a 19.15% improvement compared to a negative ¥98,671,378.61 in the same period last year[19]. - The total assets at the end of the reporting period were ¥4,197,945,595.65, a decrease of 2.20% from ¥4,292,519,140.00 at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 0.57% to ¥2,444,399,728.44 from ¥2,458,450,896.61 at the end of the previous year[19]. - The basic and diluted earnings per share improved to -¥0.02 from -¥0.16, reflecting an 87.50% increase[19]. - The weighted average return on net assets improved to -0.80% from -3.65%, showing a 2.85% increase[19]. - The company reported a total comprehensive loss for the first half of 2021 was CNY 20,821,081.80, compared to a loss of CNY 104,774,585.04 in the same period of 2020[147]. - The company reported a net loss of CNY 20,507,428.37, compared to a net loss of CNY 105,214,103.30 in the first half of 2020, indicating an improvement[147]. Revenue and Costs - The company achieved operating revenue of 824.25 million yuan, an increase of 26.47% year-on-year, with main business revenue of 728.69 million yuan, up 21.14%, accounting for 88.41% of total revenue[33]. - The cost of sales increased to ¥782,209,983.50, up 16.68% from ¥670,411,093.85 in the previous year[41]. - Total operating costs rose to CNY 887,338,093.42, up 14.1% from CNY 777,413,720.67 year-on-year[145]. - The gross profit margin for the transportation equipment manufacturing sector was 5.93%, reflecting a year-on-year increase of 7.09%[44]. - The company's gross profit margin decreased to -7.6% in the first half of 2021 from -20.2% in the same period of 2020[147]. Investments and R&D - The company has invested in R&D, with total R&D expenses of ¥17,912,966.83, a decrease of 20.38% from the previous year[41]. - Research and development expenses were CNY 17,912,966.83, down 20.5% from CNY 22,497,743.41 in the previous year[145]. Environmental Compliance - The company reported a total COD emissions of 30 tons per year, which is within the approved discharge limit[73]. - The ammonia nitrogen emissions were recorded at 2.7 tons per year, also compliant with the regulatory standards[73]. - The company operates 25 emission outlets for volatile organic compounds, with a total emission of 212.8 tons per year, meeting the environmental standards[73]. - The wastewater treatment facility has a discharge standard of COD < 500 mg/L and total phosphorus < 8 mg/L, adhering to the third-level wastewater discharge standards[74]. - The company has implemented a comprehensive VOCs emission reduction project, receiving high recognition from local environmental authorities[74]. - The company has established 4 qualified waste disposal units for solid waste management, ensuring proper handling of hazardous materials[74]. - The company has upgraded its emission monitoring facilities, which have been operational since April 2021, ensuring compliance with pollution discharge standards[73]. - The company has a total of 22 emission outlets for waste gas, with nitrogen oxides emissions capped at 30 mg/m³, in line with GB16297-1 standards[74]. - The company has successfully integrated a new wastewater treatment process, which has improved overall discharge quality[74]. Operational Risks and Challenges - The company faces various operational risks as outlined in the management discussion section, which investors should be aware of[5]. - The company actively responded to rising raw material prices by negotiating price adjustments with manufacturers and implementing technological innovations to stabilize production quality[33]. - The company maintained a focus on quality management and efficiency improvement amid challenges such as chip shortages and rising material costs[34]. - Fluctuations in raw material prices, particularly steel, significantly affect the company's operating costs in the steel wheel business[65]. - The company plans to strengthen raw material management and maintain close communication with suppliers to mitigate risks from price volatility[65]. - Management risks are increasing due to business expansion, necessitating improvements in organizational structure and risk control systems[65]. Corporate Governance and Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company has established good communication with investors through various channels, enhancing transparency and credibility[89]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[94]. - The company has not experienced any violations regarding external guarantees during the reporting period[95]. - The company has not conducted any significant related party transactions during the reporting period[101]. - The total number of common shareholders at the end of the reporting period was 23,194[123]. - The company reported a significant reduction in restricted shares, with 10,706,639 shares released from restriction, resulting in a total of 3,403,750 restricted shares remaining[121]. Subsidiaries and Business Structure - The company established two subsidiaries: Fuyang Puyu Trading Co., Ltd. and Shenzhen Xingmin Technology Co., Ltd., with a minor impact on overall operations and performance[63]. - The company has a total of 18 subsidiaries included in the consolidated financial statements as of June 30, 2021[178]. - The company has established two new wholly-owned subsidiaries: Fuyang Puyu Trading Co., Ltd. and Shenzhen Xingsheng Technology Co., Ltd.[178]. Cash Flow and Financial Position - Cash and cash equivalents decreased from CNY 117,587,078.98 to CNY 107,175,661.22, a decrease of approximately 3.8%[142]. - The net cash flow from investment activities was -10,321,847.92 CNY, a decrease from a positive cash flow of 236,288,676.41 CNY in the previous year[154]. - The company reported cash and cash equivalents of ¥226,744,472.54 as of June 30, 2021, down from ¥449,839,764.06 at the end of 2020, indicating a decrease of approximately 49.6%[137]. - The total cash inflow from financing activities in the first half of 2021 was 1,539,530,000.00 CNY, compared to 687,000,000.00 CNY in the same period of 2020[157]. Accounting Policies and Compliance - The financial report for the first half of 2021 was not audited[135]. - The financial statements comply with the requirements of the accounting standards and reflect the company's financial position as of June 30, 2021[186]. - The company follows accounting policies that require significant judgments and estimates, particularly in areas such as bad debt provisions, inventory write-downs, and impairment of long-term assets[182][183][184].

Financial Performance - The company's revenue for Q1 2021 was ¥422,071,441.84, representing a 65.74% increase compared to ¥254,663,177.00 in the same period last year[8] - Net profit attributable to shareholders was ¥3,709,429.22, a significant turnaround from a loss of ¥33,098,793.48, marking an increase of 111.21%[8] - Basic and diluted earnings per share improved to ¥0.01 from -¥0.05, reflecting a 120.00% increase[8] - Revenue increased by 65.74% year-on-year, attributed to the recovery of the automotive market and increased orders[16] - Operating profit increased by 115.50% year-on-year, mainly due to the increase in revenue[16] - Net profit for Q1 2021 was CNY 2,309,299.41, recovering from a net loss of CNY 38,272,772.40 in Q1 2020[34] - The company reported a comprehensive income total of CNY 2,502,547.65 for Q1 2021, recovering from a comprehensive loss of CNY 38,040,541.18 in Q1 2020[35] Cash Flow - The net cash flow from operating activities was -¥87,347,497.80, a decline of 223.07% from -¥27,036,463.69 in the previous year[8] - Net cash flow from operating activities increased by 223.07% year-on-year, primarily due to lower cash payments for goods purchased and services received[16] - The company's operating cash flow net amount was -¥87,347,497.80, worsening from -¥27,036,463.69 in the previous period[41] - Total cash inflow from operating activities amounted to CNY 469,753,207.55, while cash outflow was CNY 296,708,464.50, resulting in a net cash inflow of CNY 173,044,743.05[43] - The company received CNY 426,344,357.61 in cash related to operating activities, a substantial increase from CNY 3,521,941.15 in the previous period[43] - The company paid CNY 182,533,955.19 in cash for other operating activities, significantly higher than CNY 12,586,200.24 in the previous period[43] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,087,733,633.62, down 4.77% from ¥4,292,519,140.00 at the end of the previous year[8] - Total liabilities decreased from CNY 1,730,830,193.22 to CNY 1,523,542,139.20, indicating a reduction in short-term borrowings[27] - The company's total assets as of March 31, 2021, were CNY 3,920,238,852.86, slightly down from CNY 3,964,518,300.88 at the end of 2020[30] - Current assets totaled CNY 1,858,522,723.33, a decrease from CNY 1,907,157,297.83 at the end of 2020, reflecting a decline of approximately 2.6%[30] - Total liabilities decreased to CNY 1,264,633,780.12 from CNY 1,331,640,625.48, showing a reduction of approximately 5%[31] - The company's equity increased to CNY 2,655,605,072.74 from CNY 2,632,877,675.40, reflecting a growth of about 0.9%[31] Shareholder Information - The company reported a total of 21,319 common shareholders at the end of the reporting period[11] - The largest shareholder, Sichuan Shengbang Chuangheng Enterprise Management Co., Ltd., holds 18.67% of the shares, totaling 115,848,000 shares[11] - There were no significant changes in the commitments of actual controllers, shareholders, or related parties during the reporting period[14] Research and Development - Research and development expenses decreased by 34.63% year-on-year, mainly due to reduced R&D investment in the current period[16] - Research and development expenses increased to ¥4,988.50 from ¥1,416.89, indicating a focus on innovation[37] Government Support - The company received government subsidies amounting to ¥2,401,474.40 during the reporting period[9] Other Financial Metrics - Total operating costs for Q1 2021 amounted to CNY 461,922,767.01, up from CNY 301,918,104.84 in the previous year, indicating an increase of about 53%[34] - The company incurred financial expenses of ¥10,507,650.48, up from ¥7,816,924.56, primarily due to increased interest expenses[37] Fundraising and Investments - The company plans to temporarily use up to CNY 900 million of idle raised funds to supplement working capital for a period not exceeding 12 months[17] - The net cash flow from investing activities was CNY -30,500.00, a decrease from a net inflow of CNY 113,753,540.53 in the previous period[43] Audit Status - The first quarter report was not audited[44]