编号：2023-4-12 证券代码：002451 证券简称：摩恩电气 上海摩恩电气股份有限公司 2022 年度业绩说明会 投资者关系活动记录表 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） 活动参与人员 董事长：朱志兰 董事、财务总监：张勰 独立董事：袁树民 董事会秘书：黄圣植 及通过线上方式参与公司 2022 年度业绩说明会的投资 者 时间 2023 年 4 月 12 日下午 15:00-16:30 地点 全景网"投资者关系互动平台" 形式 线上文字直播 交流内容及具体问 答记录 投资者提出的问题及公司回复情况 公司就投资者在本次说明会中提出的问题进行了 回复： 1、朱董:1.从行业来评估公司估值很低，股价处于 历史最低，公司有没有考虑进行市值管理呢？有无 员工持股/股东增持计划呢？2.公司金融板块无明 显正向收益，是否公司考虑降低内部资源消耗，为 公司主营业务提供更好开拓空间？3.新增摩泰能源 是否已开展业务？未来预期如何？4.艾方金科举牌 公司觉得意义如何呢？愿做大做强！5. 新能源扁平 线进度如何？3 ...

证券代码：002451 证券简称：摩恩电气 公告编号：2023-014 上海摩恩电气股份有限公司 关于举行 2022 年度业绩网上说明会的公告 本公司及董事会全体人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。 上海摩恩电气股份有限公司（以下简称"公司"）已于 2023 年 3 月 28 日在巨潮资 讯网（www.cninfo.com.cn）披露了《上海摩恩电气股份有限公司 2022 年年度报告》全 文及摘要。为便于广大投资者深入全面了解公司情况，公司将于 2023 年 4 月 12 日（星 期三）下午 15:00-16:30 在全景网举办 2022 年度业绩说明会，本次年度业绩说明会将 采用网络远程的方式举行，投资者可以登录全景网"投资者关系互动平台" （http://ir.p5w.net）参与本次年度业绩说明会。 出席本次年度业绩说明会的人员有：公司董事长朱志兰女士，董事、财务总监张 勰先生，独立董事袁树民先生，董事会秘书黄圣植先生。 为充分尊重投资者，提升交流的针对性，现就公司 2022 年度业绩说明会提前向投 资者征集问题，广泛听取投资者的意见和建议。投资者可访问 htt ...

Financial Performance - The company's operating revenue for 2022 was ¥1,078,487,200.37, a decrease of 5.59% compared to ¥1,142,295,753.59 in 2021[20] - The net profit attributable to shareholders for 2022 was ¥14,666,901.21, representing a 14.15% increase from ¥12,848,990.35 in 2021[20] - The net cash flow from operating activities improved significantly, reaching ¥-49,302,381.73 in 2022, an 87.93% increase compared to ¥-408,422,892.91 in 2021[20] - Total assets at the end of 2022 were ¥1,644,378,287.74, reflecting a 16.61% increase from ¥1,410,181,865.06 at the end of 2021[20] - The basic earnings per share remained stable at ¥0.03 for both 2022 and 2021[20] - The weighted average return on net assets for 2022 was 1.95%, up from 1.81% in 2021[20] - The net profit after deducting non-recurring gains and losses was ¥5,818,546.77, a decrease of 9.82% from ¥6,452,232.41 in 2021[20] - The company reported a net asset attributable to shareholders of ¥747,312,186.32 at the end of 2022, a slight increase of 0.37% from ¥744,573,305.34 at the end of 2021[20] - The company achieved a total sales revenue of 1.078 billion yuan in 2022, maintaining overall business stability despite external challenges[50] - Total revenue for 2022 was ¥1,078,487,200.37, a decrease of 5.59% compared to ¥1,142,295,753.59 in 2021[60] - Industrial revenue accounted for 96.24% of total revenue in 2022, down from 97.87% in 2021, with a year-on-year decline of 7.16%[60] - The revenue from power cables dropped significantly by 45.03% to ¥351,924,821.06, while electromagnetic wire revenue increased by 52.79% to ¥655,585,415.94[60] - The gross profit margin for industrial revenue was 9.88%, reflecting a slight increase of 0.14% year-on-year despite a 7.30% rise in costs[64] Operational Developments - The company has outlined potential risks and operational plans for 2023 in the management discussion section of the report[5] - The company received government subsidies amounting to 5,894,901.06 in 2022, compared to 4,091,986.01 in 2021, indicating a year-over-year increase of about 44.1%[26] - The company’s investment income from the disposal of non-performing assets reached 3,060,000.00, a significant increase from 972,260.21 in the previous year[26] - The company is focusing on high-end special cable development, with product lines including green energy, industrial automation, and smart grid[36] - The company aims to enhance its R&D capabilities to meet the rising quality demands in the cable industry driven by national policies and the growth of renewable energy sectors[30] - The company has launched over 100 products in its subsidiary Jiangsu Xunda Electric, focusing on high-end electromagnetic wire markets, including products for new energy vehicles and wind power generators[38] - The company is advancing its new energy vehicle flat electromagnetic wire project, completing factory renovations and initial production line installations[53] - The company implemented a new ERP system to enhance digital management across the entire production chain, improving efficiency and reducing production cycles[56] - The company emphasized supply chain optimization and strengthened relationships with suppliers and key customers to improve overall efficiency[54] - The company initiated multiple sustainability measures, including green factory certification and energy management improvements, contributing to cost reduction[55] Research and Development - The company aims to achieve technological breakthroughs in green energy product lines, particularly in new energy vehicle motors and wind power generators, aligning with national development strategies and carbon neutrality goals[38] - The company has filed for patents on several innovative products, indicating a strong commitment to R&D and market competitiveness[74] - The company completed the project for high-speed rail protective ring products, achieving a breakthrough in technology and obtaining a patent[74] - The development of a new type of high-temperature resistant copper wire has been completed, filling a domestic gap in specifications between 4.80-7.50 mm[74] - The company has developed a flame-retardant A-class frequency converter cable, enhancing its electromagnetic interference resistance and fire safety features[75] - The company has achieved mass production of a B-class flame-retardant power cable for rail transit, improving safety and reliability in high-speed rail networks[75] - The number of R&D personnel increased by 1.43% to 71, with a higher proportion of bachelor's degree holders[75] - The company is focusing on expanding its product lines in wind power generation, enhancing the safety and stability of high-pressure motors[75] Market and Product Strategy - The company is expanding its market presence in the high-end electromagnetic wire sector, targeting industries such as nuclear power and rail transportation[38] - The company’s products are designed to meet the rigorous demands of various applications, including chemical resistance and environmental durability, enhancing overall product reliability[39] - Jiangsu Xunda Electric maintained a high growth rate with revenue accounting for over 50% of the company's total, becoming a key driver for future development[41] - Jiangsu Xunda Electric achieved annual orders of approximately 10,000 tons and revenue of 650 million yuan in the high-end electromagnetic wire sector[42] - The company formed a production capacity of over 20,000 tons for various electromagnetic wire products, establishing a stable R&D capability[43] - The company completed 16 product certifications through the China Railway Certification Center (CRCC), enabling entry into specific locomotive applications[44] - The cable segment focused on key areas such as railway locomotive cables and wind power cables, optimizing marketing efforts to improve product competitiveness[48] - The company is committed to increasing R&D efforts in high-end special cables and electromagnetic wires, particularly in the new energy vehicle sector[108] Governance and Compliance - The company has established a robust corporate governance structure, including a board of directors, supervisory board, and management team, operating independently[130] - The company strictly adheres to information disclosure obligations, ensuring transparency and timely communication with shareholders through designated media outlets[124] - The company maintains complete independence in assets, personnel, finance, institutions, and business operations from its controlling shareholders and actual controllers[125] - The company has established effective communication channels with investors, including dedicated hotlines and interactive platforms[124] - The company has no related party transactions that could lead to unfair competition or conflicts of interest[131] - The company has a clear strategy for maintaining operational independence and protecting the interests of minority investors[125] - The company has not reported any significant discrepancies in governance compared to regulations set by the China Securities Regulatory Commission[124] - The company has established a performance evaluation system linked to the annual operating plan and targets for senior management remuneration[147] Employee and Talent Management - The total number of employees at the end of the reporting period was 371, with 122 in the parent company and 249 in major subsidiaries[160] - The professional composition included 181 production staff, 38 sales personnel, 90 technical staff, 18 financial staff, and 44 administrative staff[161] - The educational background of employees consisted of 4 with master's degrees, 88 with bachelor's degrees, 101 with associate degrees, and 178 with high school or lower education[161] - The company has established a mechanism for employee salary adjustments in line with economic performance, ensuring continuous growth opportunities for employees[177] - The company emphasizes talent development and will implement incentive measures to attract and retain skilled personnel[112] Risk Management - The internal control and risk management system operated effectively during the reporting period, with no significant risk events occurring[166] - The company has established a comprehensive risk reporting mechanism, including monthly risk warning reports and quarterly risk management reports[166] - The company enhanced risk control measures to stabilize cash flow and reduce the likelihood of bad debts from economically impacted clients[59] - The company has not encountered any major internal control deficiencies during the reporting period[170] - The company’s financial report showed no significant or important deficiencies in internal controls[170] - The company emphasizes compliance and risk prevention in its internal control objectives[166] Sustainability and Environmental Initiatives - The company has received ISO14000 certification for its environmental management system, demonstrating its commitment to sustainable practices[178] - The company has implemented energy efficiency measures, resulting in reduced energy consumption and carbon emissions, thereby lowering operational costs[178] - The company actively collaborates with third parties to install distributed solar energy systems, utilizing clean energy sources[180] Future Outlook - The company has outlined its future outlook with a focus on sustainable growth and innovation[143] - The company is actively pursuing strategic acquisitions to enhance its competitive position[143] - The company is committed to improving operational efficiency and financial performance in the upcoming fiscal year[143] - The company plans to retain profits to support its ongoing operational needs and strategic goals, rather than distributing them to shareholders[168]

证券代码： 002451 证券简称：摩恩电气 编号：2017-001 上海摩恩电气股份有限公司投资者关系活动记录表 | --- | --- | --- | |------------------------|--------------------------------|-----------------------------------------------| | | | | | 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姓名 | 招商证券：董瑞斌、许荣聪、陈曦 | | | | | 申万菱信基金：任琳娜、林博程 国泰君安：刘欣琦 | | | | 通泉资产：庄莹莹 华西集团：张胜勇 | | | | 兴业基金：应晋帅 农银汇理：韩颖 | | | | 华安基金：梁艳萍 国投瑞银：伍智勇 | | | | 国泰基金：王琳 华安基金：苏广宁 | | | | 中泰证券：傅鑫 细水投资：刘伟 | | | | ...

证券代码：002451 证券简称：摩恩电气 编号：2019-001 2019 年 5 月 15 日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 | | | 参与单位名称及 | 股民及网民 | | | 人员姓名 | | | | 时间 | 2019 年 5 月 15 | 日（星期三） 15：00-17：00 | | 地点 | 上海 | | | | 公司董事长：朱志兰女士； | | | 上市公司接待人 | 董事会秘书：张勰先生； | | | 员姓名 | 财务总监：王文平先生； | | | | 独立董事：袁树民先生； | | | 投资者关系活动 | 公司于 2019 | 15 ...

Financial Performance - The company's revenue for Q3 2022 was ¥271,385,679.71, a decrease of 28.26% compared to the same period last year[4] - Net profit attributable to shareholders was ¥5,490,412.16, an increase of 35.83% year-on-year[4] - The basic earnings per share for Q3 2022 was ¥0.0125, reflecting a growth of 35.88% compared to the previous year[4] - Total operating revenue for Q3 2022 was ¥812,150,237.14, a decrease of 2.3% from ¥833,343,974.53 in Q3 2021[20] - Net profit for Q3 2022 was ¥12,032,631.36, an increase of 24.5% compared to ¥9,660,514.73 in Q3 2021[21] - Total comprehensive income for Q3 2022 was ¥16,386,263.80, compared to ¥9,660,514.73 in Q3 2021, representing a significant increase of 69.5%[22] Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥1,523,118,326.99, an increase of 8.01% from the end of the previous year[4] - Total current assets reached ¥990,956,019.11, up from ¥873,091,181.21, reflecting a growth of about 13.5%[17] - Total liabilities increased to ¥688,507,374.25 from ¥574,123,276.91, marking a rise of 19.9%[19] - Total equity attributable to shareholders decreased slightly to ¥732,703,346.08 from ¥744,573,305.34, a decline of 1.1%[19] Cash Flow - Cash flow from operating activities showed a net outflow of ¥105,314,973.55, which is a 44.62% increase in outflow compared to the previous year[4] - Cash flow from operating activities increased to ¥693,801,031.42 from ¥633,834,479.24, showing a growth of 9.5%[24] - The net cash flow from operating activities was -105,314,973.55 CNY, compared to -190,168,231.98 CNY in the previous year, indicating an improvement[25] - The company reported a total cash outflow from operating activities of 844,916,459.25 CNY, compared to 1,029,649,170.65 CNY in the same period last year[25] Investments and Expenses - The company reported a significant reduction in management expenses by 44.87% to ¥15,275,425.85, attributed to cost control measures[9] - Research and development expenses for Q3 2022 were ¥9,998,498.46, compared to ¥9,653,980.98 in Q3 2021, indicating a slight increase of 3.6%[20] - Cash outflow from investment activities was 29,346,381.08 CNY, compared to 16,841,922.12 CNY in the previous year, indicating increased investment spending[25] Shareholder Information - The total number of common stock shareholders at the end of the reporting period is 37,655[11] - The largest shareholder, Wen Zehong, holds 38.23% of the shares, totaling 167,896,000 shares, with 45,000,000 shares pledged[11] Government Support and Certifications - The company received government subsidies amounting to ¥1,056,869.57 during the reporting period, contributing to its financial performance[6] - The company received a Railway Product Certification, allowing certain products to enter the market, which is expected to enhance sales in the rail transportation sector[14] - The company has plans for market expansion in the rail transportation sector following the certification, which may lead to increased revenue from new contracts[14] Receivables and Financing - The company’s receivables financing increased by 110.20% to ¥30,868,295.55, indicating improved cash collection efforts[8] - Accounts receivable increased to ¥500,811,120.27 from ¥400,073,103.60, indicating a growth of approximately 25%[16] - The company has a short-term loan of ¥413,000,000.00, up from ¥354,050,454.17, indicating a rise of about 16.5%[17]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥540,764,557.43, representing an increase of 18.83% compared to ¥455,077,975.11 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥5,176,260.10, up 24.45% from ¥4,159,260.22 year-on-year[22]. - The net profit after deducting non-recurring gains and losses decreased by 41.56%, amounting to ¥265,200.94 compared to ¥453,781.26 in the previous year[22]. - The cash flow from operating activities showed a significant decline, with a net outflow of ¥89,606,427.40, worsening by 313.33% from a net outflow of ¥21,678,973.72 in the same period last year[22]. - Basic earnings per share increased by 24.21% to ¥0.0118 from ¥0.0095 in the same period last year[22]. - The company's total revenue for the reporting period was ¥540,764,557.43, representing an increase of 18.83% compared to ¥455,077,975.11 in the previous year[52]. - The company's net profit attributable to shareholders decreased by 41.56% to ¥265,200.94, largely due to reduced order volumes and revenue declines in the parent company[54]. - The company achieved a net increase in cash and cash equivalents of ¥36,928,274.36, a 258.68% improvement, primarily due to increased bank loans in the cable sector[52]. - The company reported a total comprehensive income of ¥10,010,307.07 for the first half of 2022, compared to ¥4,253,386.09 in the same period of 2021, indicating a significant increase[158]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,542,909,357.91, an increase of 9.41% from ¥1,410,181,865.06 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company decreased by 2.09%, totaling ¥729,021,875.67 compared to ¥744,573,305.34 at the end of the previous year[22]. - Total liabilities amounted to CNY 714,511,816.65, up from CNY 574,123,276.91, which is an increase of approximately 24.5%[151]. - The company's total current assets reached CNY 1,015,270,555.71, up from CNY 873,091,181.21 at the start of the year, indicating a growth of about 16.3%[149]. - The company's inventory as of June 30, 2022, was CNY 181,519,499.64, compared to CNY 145,567,467.47 at the beginning of the year, marking an increase of around 24.7%[149]. - Short-term borrowings increased to CNY 410,000,000.00 from CNY 354,050,454.17, reflecting a rise of approximately 15.8%[150]. Market and Industry Context - The company operates in the wire and cable industry, which is the second largest supporting industry in China's machinery sector, with steady annual growth in overall industry output value[30]. - In the first half of 2022, national power investment reached 215.8 billion yuan, a year-on-year increase of 14.0%, with solar power investment surging by 283.6% to 63.1 billion yuan[31]. - The installed capacity of national power generation reached approximately 2.44 billion kilowatts, growing by 8.1% year-on-year, with wind and solar power capacities increasing by 17.2% and 25.8%, respectively[31]. - The company operates in the electrical machinery and equipment manufacturing industry, benefiting from favorable new energy policies[76]. - The company’s performance was positively impacted by the sustained growth in the downstream industry of electromagnetic wire[76]. Subsidiary Performance - The company’s subsidiary, Jiangsu Xunda Electric, achieved a revenue of 300 million CNY, a significant increase of 124% year-on-year, contributing over 50% to the company's total revenue[41][47]. - Jiangsu Xunda Electric is entering the mid-to-high-end electromagnetic wire market, offering over 100 products for sectors like new energy vehicles and nuclear power[37]. - The total assets of Jiangsu Xunda Electric are approximately 329.9 million yuan, with net assets of about 202.8 million yuan[75]. Research and Development - Research and development expenses increased by 50.35% to ¥7,795,648.92, reflecting the company's commitment to enhancing its R&D capabilities[52]. - The company aims to achieve technological breakthroughs in green energy product lines, particularly in electric motors for new energy vehicles and wind power[37]. - The company has established a comprehensive product R&D and quality management system, recognized as a Shanghai Enterprise Technology Center[48]. Risk Management - The company has outlined various risks and corresponding countermeasures in the report, ensuring transparency regarding potential challenges[4]. - The company faces risks from raw material price fluctuations, particularly copper, which has a high cost proportion in its cable and electromagnetic wire segments[78]. - The cable industry in China has a low concentration with a CR10 of approximately 18%, leading to intense competition and potential impacts on profitability[78]. - The company has established internal control and audit mechanisms to enhance risk identification and prevention in its commercial factoring business[80]. Corporate Governance - The company has not reported any significant changes in accounting policies compared to the previous reporting period[74]. - The company has not reported any significant changes in its board or management personnel during the reporting period[88]. - The financial statements were approved by the board of directors on August 23, 2022[198]. Shareholder Information - The controlling shareholder, Mr. Wen Zehong, has pledged 45 million shares, accounting for 26.8% of his holdings and 10.25% of the company's total share capital[124]. - The largest shareholder, Mr. Wen Zehong, holds 38.23% of the shares, totaling 167,896,000 ordinary shares[136]. - The total number of ordinary shares at the end of the reporting period was 49,803,000[136]. Future Outlook - The company plans to continue reducing losses in its financial sector while expanding its core business in special cables and enhancing market competitiveness[54]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[159].

Financial Performance - The company's operating revenue for Q1 2022 was ¥256,341,613.16, representing a 53.45% increase compared to ¥167,047,155.73 in the same period last year[2] - Net profit attributable to shareholders was ¥9,671,702.26, a significant increase of 264.61% from ¥2,652,607.21 year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥6,308,235.84, up 167.30% from ¥2,359,979.59 in the previous year[2] - The company's basic and diluted earnings per share both increased to ¥0.0220, a rise of 266.67% from ¥0.0060 in the same period last year[2] - Operating profit for Q1 2022 was ¥9,936,608.95, up from ¥3,364,897.35 in the same period last year, reflecting a growth of 195.5%[23] - Net profit for Q1 2022 was ¥9,814,621.73, compared to ¥2,559,685.29 in Q1 2021, representing an increase of 284.5%[23] - The company reported a total operating cost of ¥248,020,316.25, which is an increase from ¥162,734,683.81 in the previous year, representing a rise of 52.3%[22] Research and Development - Research and development expenses surged by 740.28% to ¥7,272,158.21, reflecting increased investment in R&D projects[8] - Research and development expenses for Q1 2022 were ¥7,272,158.21, significantly higher than ¥865,440.13 in Q1 2021, marking an increase of 740.5%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,402,431,002.70, a slight decrease of 0.55% from ¥1,410,181,865.06 at the end of the previous year[2] - The company's total assets amounted to ¥1,402,431,002.70, slightly down from ¥1,410,181,865.06 at the end of the previous quarter[19] - Total liabilities decreased to ¥548,967,267.82 from ¥574,123,276.91, indicating a reduction of 4.4%[19] - The total equity of the company increased to ¥853,463,734.88 from ¥836,058,588.15, showing a growth of 2.1%[19] Cash Flow - The cash flow from operating activities showed improvement, with a net outflow of ¥17,591,404.98, a 68.65% reduction compared to a net outflow of ¥56,115,722.85 in the same period last year[2] - The total cash inflow from operating activities was approximately $270.31 million, an increase of 30% compared to $207.82 million in the previous period[27] - The net cash flow from operating activities was -$17.59 million, an improvement from -$56.12 million in the previous period[27] - The cash inflow from financing activities was $19.19 million, a significant decrease from $61.56 million in the previous period[28] - The ending balance of cash and cash equivalents was $12.49 million, down from $27.10 million in the previous period[28] Shareholder Information - The company had a total of 30,457 common shareholders at the end of the reporting period[10] Financial Assistance and Loans - The company plans to provide a guarantee of up to RMB 30 million for its subsidiary Jiangsu Xunda Electric Material Co., Ltd. to support its operational development[13] - The company has approved a financial assistance of up to RMB 50 million to Jiangsu Xunda Electric Material Co., Ltd. for its electromagnetic wire business, with a loan term of 12 months[14] - The company is applying for a working capital loan of RMB 115 million, using its properties as collateral[14] Inventory and Receivables - Accounts receivable increased slightly from RMB 400,073,103.60 at the beginning of the year to RMB 401,813,089.37 at the end of the quarter, reflecting a growth of about 0.4%[17] - Inventory increased significantly from RMB 145,567,467.47 at the beginning of the year to RMB 188,013,310.16 at the end of the quarter, representing an increase of approximately 28.9%[17] Management Changes - The company appointed Huang Shengzhi as the new board secretary, effective immediately[13] Audit Information - The company did not conduct an audit for the first quarter report[29]

Financial Performance - The company's operating revenue for 2021 was CNY 1,142,295,753.59, representing a 151.46% increase compared to CNY 454,271,984.60 in 2020[24] - The net profit attributable to shareholders for 2021 was CNY 12,848,990.35, a 72.21% increase from CNY 7,461,324.32 in 2020[24] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 6,452,232.41, a significant recovery from a loss of CNY 9,578,004.31 in 2020, marking a 167.37% improvement[24] - The basic earnings per share for 2021 was CNY 0.03, up 50.00% from CNY 0.02 in 2020[24] - The weighted average return on net assets for 2021 was 1.81%, an increase of 0.73% compared to 1.08% in 2020[24] - The net cash flow from operating activities for 2021 was negative CNY 408,422,892.91, a decline of 1,221.27% from negative CNY 30,911,346.90 in 2020[24] - The company's total revenue for 2021 reached ¥1,117,975,913.52, representing a year-on-year increase of 180.10%[64] - The gross profit margin for the industrial revenue segment was 9.74%, with a slight increase of 1.33% compared to the previous year[64] Assets and Liabilities - The company's total assets at the end of 2021 were CNY 1,410,181,865.06, an increase of 14.89% from CNY 1,227,443,543.13 at the end of 2020[25] - The company's net assets attributable to shareholders at the end of 2021 were CNY 744,573,305.34, a 5.63% increase from CNY 704,862,961.03 at the end of 2020[25] - Accounts receivable increased to ¥400,073,103.60, accounting for 28.37% of total assets, up from 16.17% at the beginning of the year, reflecting a 12.20% increase due to higher sales volume[86] - Inventory rose to ¥145,567,467.47, representing 10.32% of total assets, an increase of 3.88% attributed to higher sales volume and longer inventory turnover periods[86] - The company's fixed assets decreased to ¥253,667,199.52, down 14.05% from the beginning of the year, primarily due to the leasing out of idle factory buildings[86] - Short-term borrowings increased to ¥354,050,454.17, representing 25.11% of total liabilities, reflecting a slight increase of 0.07% during the reporting period[86] Investment and R&D - The company has applied for 6 patents during the reporting period, including 1 invention patent and 5 utility model patents, enhancing its intellectual property portfolio[46] - R&D expenses increased to ¥34,414,002.83 in 2021, a 192.75% increase from ¥11,755,518.85 in 2020[75] - The number of R&D personnel rose to 70 in 2021, a 150% increase from 28 in 2020[77] - The company is investing 200 million yuan in R&D for new technologies in the upcoming year[145] - The company is increasing its investment in technology research and development, particularly in high-performance and environmentally friendly special cables[108] Market and Industry Trends - The electric wire and cable industry is experiencing steady growth, driven by policies like "Belt and Road" and "New Infrastructure" initiatives[34] - The demand for electromagnetic wire products is expected to expand due to the growth in sectors such as rail transit and new energy[36] - The overall market for electric wires and cables is projected to grow, supported by the increasing electricity consumption and infrastructure investments in China[35] - The company is strategically positioned to benefit from the rising demand for clean energy and infrastructure development, which will positively influence the electric wire and cable market[35] Corporate Governance - The company has established a complete business system and operates independently from its controlling shareholders, ensuring no conflicts of interest[131] - The board of directors consists of 7 members, including 3 independent directors, ensuring a balanced and professional structure[121] - The company maintains financial independence with a dedicated finance department and independent financial decision-making processes[129] - The company has established a performance evaluation system linked to employee compensation, which is approved by the board and submitted to the shareholders' meeting[162] - The company has not faced any administrative penalties for environmental issues during the reporting period, reflecting compliance with environmental regulations[174] Strategic Initiatives - The company plans to focus on special cables and high-end electromagnetic wires, with an emphasis on innovation and stable operations[107] - The company aims to enhance its marketing system to achieve stable revenue growth, targeting key customers and high-value products[107] - The company is exploring derivative hedging business, which may enhance its risk management strategies[150] - The company is in the process of transferring equity in a subsidiary, indicating potential restructuring or optimization of its asset portfolio[151] Employee and Management - The company reported a total of 382 employees at the end of the reporting period, with 152 in the parent company and 230 in major subsidiaries[160] - The total number of employees receiving salaries during the reporting period was 380, with 9 retired employees[161] - The company emphasizes talent management and will implement a compensation and benefits evaluation mechanism to attract and retain skilled personnel[113] - The company has maintained a stable management team with no resignations or dismissals reported during the period[135] Environmental and Sustainability Efforts - The company has implemented measures to reduce carbon emissions, including energy consumption inspections and waste recycling projects, effectively decreasing carbon output[175] - The company has obtained ISO14000 environmental management system certification, demonstrating its commitment to environmental protection and sustainable development[174] - The management emphasized the importance of sustainability initiatives, aiming for a 30% reduction in carbon emissions by 2025[145]

Financial Performance - The company's revenue for Q3 2021 reached ¥378,265,999.42, representing a 173.47% increase compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2021 was ¥4,042,223.02, a significant increase of 544.32% year-over-year[12] - The net profit after deducting non-recurring gains and losses was ¥3,144,159.56, reflecting a 1,495.11% increase compared to the previous year[12] - For the first nine months of 2021, total revenue was ¥833,343,974.53, which is a 202.80% increase from ¥275,209,720.82 in the same period of 2020[10] - The basic and diluted earnings per share for Q3 2021 were both ¥0.0092, marking a 557.40% increase year-over-year[12] - Total operating revenue for Q3 2021 reached ¥833,343,974.53, a significant increase from ¥275,209,720.82 in the same period last year, representing a growth of approximately 202.5%[25] - The net profit for Q3 2021 was ¥9,660,514.73, a turnaround from a net loss of ¥11,932,011.78 in Q3 2020[26] - Earnings per share for Q3 2021 were ¥0.0187, compared to a loss per share of ¥0.0272 in the same quarter last year[27] Assets and Liabilities - The company's total assets as of the end of Q3 2021 amounted to ¥1,347,786,114.50, a 9.80% increase from the end of the previous year[5] - Total liabilities increased to ¥582,656,185.73 in Q3 2021 from ¥520,480,650.89 in Q3 2020, marking an increase of about 11.9%[24] - The total equity attributable to shareholders of the parent company was ¥718,707,817.33 in Q3 2021, compared to ¥704,862,961.03 in Q3 2020, reflecting a slight increase of about 2%[25] Cash Flow - The net cash flow from operating activities for the first nine months of 2021 was -¥190,168,231.98, a decline of 928.19% compared to the same period last year[11] - The cash inflow from operating activities totaled ¥839,480,938.67, a significant increase from ¥432,135,466.26 in the previous period, representing a growth of approximately 94.2%[30] - The net cash outflow from operating activities was ¥190,168,231.98, compared to a net inflow of ¥22,961,837.83 in the previous period, indicating a decline in operational cash flow[31] - The ending cash and cash equivalents balance was ¥31,396,095.98, down from ¥57,932,433.91 in the previous period, reflecting a decrease of approximately 45.8%[31] - The company received ¥205,643,155.53 in cash related to operating activities, compared to ¥92,538,644.34 in the previous period, marking an increase of approximately 121.5%[30] - The company paid ¥255,241,664.17 in cash for other operating activities, a significant increase from ¥33,411,617.14 in the previous period[31] Investments and Projects - The company plans to invest 600 million RMB in a new project to produce 30,000 tons of flat-shaped electromagnetic wire for electric vehicles[18] - The company’s total investment in the new electric vehicle wire project includes 30 million RMB in fixed assets and 30 million RMB in working capital[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,381[15] - The largest shareholder, Mr. Wen Zehong, holds 38.23% of shares, totaling 167,896,000 shares, with 35,074,000 shares pledged[15] Operational Highlights - The company reported a significant increase in sales due to the growth in the cable business and the addition of a new subsidiary, Jiangsu Xunda Electric Material Co., Ltd.[10] - The company received government subsidies amounting to ¥1,035,269.57 during the reporting period, contributing to its financial performance[7] - Research and development expenses for Q3 2021 were ¥9,653,980.98, up from ¥4,416,863.08 in Q3 2020, indicating an increase of about 118.5%[25] - The company reported a significant increase in other income, totaling ¥3,073,116.44 in Q3 2021, compared to ¥3,572,131.79 in Q3 2020[26] Rental Income - The company has signed lease agreements for a total area of 53,660 square meters of idle factory space, generating total rental income of approximately 241 million RMB[17] - The company has a total of 10,685,940.75 RMB in rental income from leasing to Shanghai Shuju (Shanghai) Transportation Technology Co., Ltd.[17] Accounting Standards - The company has adopted the revised Accounting Standards for Leases from January 1, 2021, impacting financial reporting practices[33]