Financial Performance - The company's operating revenue for 2022 was approximately ¥5.11 billion, a decrease of 6.81% compared to ¥5.48 billion in 2021[22]. - The net profit attributable to shareholders was approximately ¥300.11 million, a significant increase of 138.74% from a loss of ¥747.48 million in 2021[22]. - The basic earnings per share for 2022 was ¥0.23, compared to a loss of ¥0.57 per share in 2021, marking an increase of 138.98%[22]. - The total assets at the end of 2022 were approximately ¥10.09 billion, a slight decrease of 0.34% from ¥10.00 billion at the end of 2021[23]. - The net assets attributable to shareholders increased by 3.66% to approximately ¥5.59 billion from ¥5.31 billion in 2021[23]. - The cash flow from operating activities was approximately ¥538.13 million, an increase of 280.75% compared to ¥144.23 million in 2021[22]. - The company reported a total of ¥160,910,683.68 in government subsidies for 2022, up from ¥114,765,596.35 in 2021[30]. - The gross profit margin for the automotive parts manufacturing segment was 15.28%, down from the previous year[86]. - The company achieved a net profit of CNY 150 million, which is a 20% increase compared to the previous year[170]. Market Trends and Outlook - The company anticipates a gradual recovery in the commercial vehicle market in 2023 due to improving economic conditions and infrastructure projects[37]. - The automotive industry is expected to continue its growth trajectory, driven by strong consumer demand and supportive government policies[33]. - The automotive market is projected to grow by approximately 3% in 2023, aided by improved economic conditions and alleviated chip supply shortages[42]. - The new energy vehicle market has maintained rapid growth since 2021, ranking first globally for eight consecutive years, driven by government policies and technological advancements[38]. - The company noted that the automotive industry is expected to continue its growth trajectory, driven by strong consumer demand and supportive government policies[33]. - The company is focusing on expanding its market share and production scale through aggressive marketing efforts and product upgrades[143]. Risks and Challenges - The company faces risks related to market competition, talent acquisition, and fluctuations in raw material prices[4]. - The company has reported uncertainty regarding its ability to continue as a going concern due to negative net profits in recent years[23]. - The company recognizes the increasing market competition in the automotive sector and is adapting its strategies to address challenges while focusing on high-quality products and services[142]. Investments and Acquisitions - The company acquired 51% of Wanliyang Energy Company for RMB 110 million, focusing on energy storage station investment and operation[54]. - The company is investing in a new project with an annual production capacity of 120,000 tons for aluminum alloy components for new energy vehicles, which is currently under construction[78]. - The company plans to invest CNY 3.06 billion in a project to produce 120,000 tons of aluminum alloy components for new energy vehicles, including products like transmission and clutch housings[192]. - The company has signed agreements to invest in independent energy storage stations with a total installed capacity of approximately 1,000 MW[192]. Research and Development - The company has established research institutes in Beijing, Shanghai, and Guangzhou, enhancing its technical research and development capabilities[70]. - The company is focusing on developing ECVT products for electric vehicles to enhance market competitiveness in the electric vehicle sector[97]. - The company’s R&D investment amounted to ¥368,602,091.53 in 2022, a decrease of 2.19% compared to ¥376,858,389.84 in 2021, while the R&D investment as a percentage of operating revenue increased to 7.21% from 6.87%[99]. - The number of R&D personnel increased by 5.38% to 490 in 2022 from 465 in 2021, with R&D personnel accounting for 13.92% of the total workforce[99]. Corporate Governance - The company emphasizes its commitment to improving corporate governance in accordance with relevant laws and regulations, ensuring equal rights for all shareholders, particularly minority shareholders[152]. - The company has established a robust internal management and control system to enhance operational efficiency and compliance with regulatory requirements[152]. - The company has implemented a comprehensive information disclosure system to ensure timely and accurate communication with shareholders[158]. - The board of directors has established specialized committees to enhance operational efficiency and oversight[194]. Employee Management - The total number of employees at the end of the reporting period is 3,520, with 646 in the parent company and 2,874 in major subsidiaries[188]. - The company conducted 621 training sessions in 2022, achieving a training plan completion rate of 97.5%[190]. - The employee composition includes 2,332 production personnel, 176 sales personnel, 735 technical personnel, 45 financial personnel, and 232 administrative personnel[188]. - The company emphasizes a competitive salary policy based on market standards and performance, aiming to enhance employee motivation[189]. Production and Capacity - The company has a strong market position in automotive transmission and new energy drive systems, continuously expanding its customer base among major domestic and international automakers[42]. - The company's automotive transmission production capacity is 3 million units, including 1.7 million units for passenger car transmissions and 1.1 million units for commercial vehicle transmissions[54]. - The production volume of automotive transmissions was 1,076,281 units, a decrease of 19.32% compared to the previous year[57]. - The company produced 1,125,109 automotive gearboxes in 2022, a decrease of 15.08% from 1,324,979 units in 2021[87]. Strategic Initiatives - The company is implementing smart manufacturing initiatives, including a project for producing 300,000 sets of automatic transmissions annually, which has passed provincial demonstration project acceptance[78]. - The company is enhancing its digital manufacturing capabilities to improve production efficiency and quality control through a comprehensive digital platform[139]. - The company is focusing on optimizing its energy storage projects, with plans to complete the grid connection of a 100 MW independent energy storage project in Zhaoqing by 2023[140]. Future Growth Plans - Future outlook includes a projected revenue growth of 10% for 2023, driven by new product launches and market expansion strategies[170]. - The company plans to acquire a local competitor to enhance its market share and operational capabilities, with an estimated cost of CNY 300 million[170]. - The company has launched a new product line that is anticipated to contribute an additional CNY 100 million in revenue in 2023[170].

证券代码：002434 证券简称：万里扬 公告编号：2023- 019 浙江万里扬股份有限公司 关于举行2022年度网上业绩说明会的公告 投资者依据提示，授权登入"万里扬投资者关系"小程序，即可参与交流。 出席本次网上说明会的人员有：公司董事长黄河清先生，财务总监胡春荣先 生，董事会秘书张雷刚先生，独立董事吕岚女士。 欢迎广大投资者积极参与！ 特此公告。 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。 浙江万里扬股份有限公司（以下简称"公司"）已于 2023 年 4 月 25 日在巨 潮资讯网（http://www.cninfo.com.cn/）上披露了公司 2022 年年度报告全文及 其摘要。 为便于广大投资者进一步了解公司 2022 年度经营情况，公司定于 2023 年 5 月 9 日（星期二）下午 15:00 至 17:00 时在"万里扬投资者关系"小程序举行 2022 年度网上业绩说明会。本次业绩说明会将采用网络远程的方式举行，投资 者可登陆"万里扬投资者关系"小程序参与互动交流。为广泛听取投资者的意见 和建议，公司提前向投资者征集问题，提问通道自发出 ...

Group 1: Automotive Parts Business - The company focuses on the research, production, and sales of automotive transmission and drive system products, covering passenger vehicles, commercial vehicles, and new energy vehicles [2] - New energy vehicle drive systems include EV reducers, EDS "three-in-one" and "multi-in-one" drive systems, ECVT electric drive systems, and DHT hybrid systems [2] Group 2: New Energy Storage Business - The new energy storage business is operated by the subsidiary Wanliyang Energy, primarily engaged in the operation of generation-side energy storage power stations and electricity market spot trading [2] - The installed capacity of operational generation-side energy storage power stations is approximately 40 MW, located in Guangdong and Gansu provinces [2][4] - The company aims to develop a flexible power regulation service system, with a total scale of independent energy storage projects reaching 1000 MW/2000 MWh [3] Group 3: Business Development Plans - In the passenger vehicle market, the focus is on developing hybrid and pure electric vehicles, with strong competitive advantages in fuel efficiency, driving performance, installation space, and cost [3] - In the commercial vehicle market, the emphasis is on automatic transmission products (AMT), hybrid systems, and electric drive systems, with a growing demand for driving convenience and comfort [3] - The company plans to expand independent energy storage project reserves, focusing on seven reserve projects in Zhejiang and Guangdong provinces, with a total scale exceeding 3000 MW/6000 MWh [3] Group 4: Financial and Strategic Partnerships - The company utilizes various financing methods for energy storage projects, including self-funding, bank loans, capital market financing, and project market capital cooperation [4] - A strategic cooperation framework agreement was signed with the Yangtze River Green Development Fund to jointly develop and operate new energy storage assets and virtual power plants [4] Group 5: Commercial Vehicle Transmission Business - The commercial vehicle market demand has improved, leading to increased production and sales of commercial vehicle transmissions [4] - The company is focusing on product upgrades, particularly in hybrid systems for light and heavy trucks, as well as heavy truck AMT automatic transmissions and electric drive systems [4]

证券代码：002434 证券简称：万里扬 浙江万里扬股份有限公司投资者关系活动记录表 编号：2016002 | --- | --- | --- | |----------------|-----------------------------------|--------------| | | | | | 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 | 广发证券股份有限公司 张乐 | | | 人员姓名 | 华宝兴业基金管理有限公司 唐霄鹏 | | | | 长安基金管理有限公司 何增华 | | | | 银河基金管理有限公司 李维 | | | | 华富基金管理有限公司 朱程辉 | | | | 嘉实基金管理有限公司 刘瑞、熊煜州 | | | | 上海博道投资管理有限公司 陈磊 | | | | 中信建投证券股份有限公司 丰亮 | | | | 大成基金管理有限公司 李巍宇、徐彦 | | | | 兴业基金 ...

证券代码：002434 证券简称：万里扬 编号：2016001 浙江万里扬股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|---------------------------------|---------------------------------| | | | | | 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 | 广发证券股份有限公司 闫俊刚 | | | 人员姓名 | 工银瑞信基金管理有限公司 张宇帆 | | | | 嘉实基金管理有限公司 熊煜州 | | | | 华商基金管理有限公司 李贺 | | | | 东方证券资产管理有限公司 郑斌 | | | | 天冶基金管理有限公司 潮浩 | | | | 新华基金管理股份有限公司 曾啸天 | | | | 西南证券股份有限公司 陈怀逸 | | | | 上海博道投资管理有限公司 陈磊 ...

Group 1: Company Overview - The company specializes in the production of automotive gearboxes, starting with commercial vehicle gearboxes, and currently offers products including commercial vehicle gearboxes, passenger vehicle gearboxes, agricultural machinery gearboxes, automotive interior components, and financing leasing services [2]. Group 2: Acquisition Purpose - The acquisition of Chery Transmission Company aims to further expand the passenger vehicle gearbox business, particularly in the automatic transmission sector, which is still a scarce resource in China. Chery is the only domestic company with intellectual property rights for independently developed automatic transmissions, and its products are considered advanced [3]. Group 3: Production and Development - The automatic transmission business has shown good development, with 83,000 units produced in the first three quarters, and the company expects to maintain a strong upward trend in the fourth quarter. Production is currently operating at full capacity, and the company is investing in the expansion of a second production line while actively developing the next generation of products [3].