Financial Performance - The company's operating revenue for the first half of 2022 was ¥737,121,679.11, representing a 6.98% increase compared to ¥689,014,001.90 in the same period last year[22]. - Net profit attributable to shareholders increased by 169.39% to ¥43,802,898.39 from ¥16,260,324.05 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was ¥46,267,403.16, up 148.16% from ¥18,644,248.39 in the previous year[22]. - The basic earnings per share rose by 171.93% to ¥0.0465 from ¥0.0171 in the same period last year[22]. - The company's total operating revenue for the reporting period was 737.12 million yuan, a growth of 6.98% compared to the previous year[38]. - Net profit attributable to shareholders reached 43.80 million yuan, a significant increase of 169.39% year-on-year[38]. - The total revenue for the first half of 2022 was 802 million yuan, reflecting a growth of 8.3% year-on-year[165]. - The net profit attributable to shareholders for the first half of 2022 was 39 million yuan, which is a decrease of 42% compared to the same period last year[164]. Cash Flow and Liquidity - The company reported a significant decrease in net cash flow from operating activities, which was -¥52,087,420.15 compared to ¥2,797,280.87 in the same period last year, marking a decline of 1,962.07%[22]. - The net cash flow from operating activities was negative at CNY -52,087,420.15, a significant decline of 1,962.07% from CNY 2,797,280.87 in the previous year[40]. - The cash received from operating activities totaled ¥1,029,317,078.90, compared to ¥932,530,613.34 in the same period last year, an increase of 10.4%[158]. - The total cash and cash equivalents at the end of the first half of 2022 stood at 184,110,359.80 CNY, down from 293,419,628.32 CNY at the end of the first half of 2021[161]. - The company experienced a net decrease in cash and cash equivalents of -103,553,319.82 CNY in the first half of 2022, compared to -203,754,397.14 CNY in the previous year, showing a reduction in cash depletion[161]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,296,331,635.41, a 6.74% increase from ¥4,961,818,588.74 at the end of the previous year[22]. - The company's total assets included CNY 1,895,389,725.01 in inventory, which accounted for 35.79% of total assets, an increase from 30.79% in the previous year[46]. - The company's total liabilities reached 3.32 billion yuan, an increase from 3.03 billion yuan at the end of the previous year[147]. - The asset-liability ratio increased to 62.71%, up by 1.67% from the end of the previous year[140]. Business Segments and Revenue Sources - The company's mold business achieved sales revenue of 323.54 million yuan, a year-on-year increase of 47.18%[36]. - The stamping business reported sales revenue of 346.02 million yuan, a decline of 17.63% year-on-year, attributed to the impact of the pandemic and chip shortages[37]. - The aviation products segment saw sales revenue of 30.48 million yuan, a year-on-year increase of 47.95%, with net profit rising by 130.71% to 6.9978 million yuan[37]. - Revenue from mold and fixture products increased by 47.18% to CNY 323,536,250.22, while revenue from stamping parts decreased by 17.63% to CNY 346,020,486.25[41]. Investment and Development - The company plans to invest in a new stamping and welding assembly manufacturing project in Hefei, aimed at enhancing its capabilities for electric vehicle manufacturers[37]. - The total investment during the reporting period was CNY 36,560,095.62, representing a significant increase of 222.68% compared to CNY 16,418,054.13 in the same period last year[52]. - The company has allocated 10 million yuan for research and development in new technologies, aiming to improve product offerings[165]. - The company plans to expand its market presence and invest in new product development to enhance competitiveness[167]. Risks and Challenges - The company faces risks including economic cyclicality affecting the automotive mold industry and market risks, which may impact future performance[4]. - The management emphasizes the importance of addressing risks related to accounts receivable and the shortage of high-level technical talent in the industry[4]. - The company is exposed to exchange rate risks due to its increasing export business, primarily settled in USD or EUR[68]. - The company is the largest domestic supplier of automotive cover molds, facing risks from economic cycles and market competition[66]. Shareholder and Capital Structure - The company reported a total of 941,628,201 shares, with 98.91% being unrestricted shares[114]. - The largest shareholder, Hu Jinsong, holds 4.79% of the shares, totaling 45,144,546 shares[120]. - The company issued 4.71 million convertible bonds with a total fundraising amount of 471 million yuan[134]. - The total approved guarantee amount for subsidiaries is CNY 23.5 billion, with an actual guarantee balance of CNY 12.3 billion, representing 6.28% of the company's net assets[106]. Compliance and Governance - The semi-annual financial report was not audited[85]. - There were no significant environmental issues or administrative penalties related to environmental problems during the reporting period[78]. - The company has not engaged in targeted poverty alleviation work during the reporting period and has no subsequent plans[79]. - The company has not reported any joint external investment transactions during the reporting period[93].

Group 1: Event Details - Tianjin Automotive Mould Co., Ltd. will hold a semi-annual performance briefing on September 6, 2022, from 13:40 to 16:40 [1] - The event will be conducted online via "Panorama Roadshow" [1] - Participants include the Chairman and General Manager Ren Wei, Financial Officer Deng Yinghua, and Board Secretary Meng Xiankun [1] Group 2: Investor Engagement - The company encourages widespread investor participation in the event [1] - The announcement emphasizes the commitment to truthful, accurate, and complete information [1]

Financial Performance - The company's revenue for Q1 2022 was ¥302,544,080.85, representing a 14.44% increase compared to ¥264,360,801.14 in the same period last year[3] - Net profit attributable to shareholders was ¥34,751,893.89, a significant increase of 492.02% from a loss of ¥8,864,866.12 in the previous year[3] - The basic earnings per share rose to ¥0.0365, compared to a loss of ¥0.0093 in the same period last year, marking a 492.47% improvement[3] - Total revenue for the current period reached ¥302,544,080.85, an increase of 14.4% compared to ¥264,360,801.14 in the previous period[18] - The net profit for the first quarter of 2022 was CNY 34,773,924.74, a significant recovery from a net loss of CNY 9,682,593.07 in the same period last year, representing a turnaround of over 460%[20] - Total operating revenue for the first quarter reached CNY 549,839,036.11, compared to CNY 479,448,328.70 in the previous year, indicating an increase of approximately 14.6%[23] - Operating profit improved to CNY 36,938,971.62 from a loss of CNY 10,592,592.09 year-over-year, marking a substantial recovery[20] - The company reported a total comprehensive income of CNY 32,014,339.26, compared to a loss of CNY 9,468,205.88 in the previous year, reflecting a positive shift in overall financial health[20] Assets and Liabilities - The company's total assets increased by 2.56% to ¥5,088,861,017.77 from ¥4,961,818,588.74 at the end of the previous year[3] - The total assets at the end of the reporting period amounted to ¥5,088,861,017.77, up from ¥4,961,818,588.74 at the beginning of the year[16] - Current assets totaled ¥3,245,443,439.14, an increase from ¥3,132,058,693.25 at the start of the year[14] - Total liabilities amounted to ¥3,121,865,991.10, compared to ¥3,028,737,781.62 at the beginning of the year[16] - The company's equity attributable to shareholders increased by 1.77% to ¥1,949,705,943.01 from ¥1,915,813,754.31 at the end of the previous year[3] - The total equity attributable to shareholders reached ¥1,949,705,943.01, up from ¥1,915,813,754.31[16] Cash Flow - Cash flow from operating activities was negative at -¥96,018,573.68, a decrease of 262.43% compared to positive cash flow of ¥59,114,748.82 in the same period last year[3] - Cash flow from operating activities showed a net outflow of CNY 96,018,573.68, contrasting with a net inflow of CNY 59,114,748.82 in the same quarter last year, indicating a cash flow challenge[23] - The company’s cash and cash equivalents at the end of the period were CNY 442,394,300.75, down from CNY 686,803,068.78 at the end of the previous year, a decrease of approximately 35.5%[24] Expenses - The company reported a 51.23% increase in receivables financing, totaling ¥71,702,033.53, due to increased use of bank acceptance bills by customers[6] - The company's sales expenses decreased by 42.90% to ¥8,445,842.17, attributed to reduced commission and shipping costs[7] - The company experienced a 434.96% increase in income tax expenses, amounting to ¥2,654,140.97, due to improved business performance and profit recovery[9] - Research and development expenses for the quarter were CNY 18,911,071.28, down from CNY 22,586,058.12, showing a reduction of about 16.5%[20] - The company’s total operating costs increased to CNY 308,074,196.52 from CNY 307,765,978.44, indicating a slight rise in operational expenses[20] Shareholder Information - The number of common shareholders at the end of the reporting period was 76,645[11] - The company's cash and cash equivalents stood at ¥749,955,710.80, compared to ¥724,357,027.91 at the beginning of the year[14] - Accounts receivable decreased to ¥404,504,222.59 from ¥579,700,647.58, indicating a reduction of approximately 30.3%[14] - Inventory increased to ¥1,740,737,975.95, up from ¥1,527,651,212.92, reflecting a growth of about 13.9%[14] - The company reported a net loss of ¥3,173,807.84, an improvement from a loss of ¥32,003,249.66 in the previous period[16]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB in 2021, representing a growth of 15% compared to the previous year[15]. - The net profit for the year was recorded at 150 million RMB, which is an increase of 20% year-on-year[15]. - The company's operating revenue for 2021 was ¥1,879,042,866.70, representing a 39.62% increase compared to ¥1,345,852,020.96 in 2020[21]. - The net profit attributable to shareholders was -¥211,888,430.90, an improvement of 74.31% from -¥824,755,360.89 in the previous year[21]. - The company reported a total of ¥43,590,396.79 in non-recurring gains and losses for 2021, compared to -¥63,121,481.65 in 2020[26]. - The company reported a net loss of CNY 211.89 million, which is a 74.31% reduction in loss compared to the previous year[41]. - The company reported a total revenue of 2,404.95 million for the year 2021, with a market price of 2,404.95 million for related transactions[156]. - The company reported a total revenue of 5,492 million RMB for the year 2021[168]. Market Expansion and Strategy - The company plans to expand its market presence by entering two new provinces in 2022, aiming for a 10% increase in market share[15]. - Future guidance indicates an expected revenue growth of 12% for 2022, driven by new product launches[15]. - The company aims to capitalize on the historical opportunity of accelerated domestic automobile self-development and the global shift of automobile mold procurement to China[84]. - The company aims to become a leading global automotive mold industry group by optimizing product structure and expanding both domestic and international market shares[85]. - The company plans to continue expanding its market presence and improving cost efficiency to mitigate adverse impacts from external factors[40]. Research and Development - Research and development expenses increased by 25% to 100 million RMB, focusing on new automotive mold technologies[15]. - The company has developed 211 patents, including 185 utility model patents and 26 invention patents, enhancing its technological capabilities[38]. - The company's R&D investment amounted to ¥67,975,427.03, representing 3.62% of total revenue, a decrease of 1.46% from the previous year[54]. - The number of R&D personnel increased by 1.81% to 843, accounting for 29.02% of the total workforce[54]. Financial Management - The company has no plans to distribute cash dividends or issue bonus shares for the year[6]. - The total cash inflow from operating activities was ¥1,990,977,964.67, an increase of 13.24% year-on-year, while cash outflow was ¥1,826,833,407.62, up 17.06%[55]. - The net cash flow from operating activities decreased by 16.91% to ¥164,144,557.05 compared to the previous year[55]. - The net cash flow from investment activities surged by 2,552.45% to ¥381,642,519.42, primarily due to proceeds from equity transfers and investment income from associates[55]. - The net cash flow from financing activities was -¥734,221,823.74, a significant decrease of 1,033.81% year-on-year, attributed to a substantial reduction in interest-bearing debt[56]. Production and Operations - The company specializes in the research, design, production, and sales of automotive body covering molds and related products, which are critical for mass production in the automotive industry[30]. - The company has enhanced its capability to produce a full set of body molds for mid-range cars and some for high-end cars, achieving international advanced levels in product quality[31]. - The company produced 33,536,623 stamping parts in 2021, a year-on-year increase of 12.35% compared to 29,850,563 in the previous year[34]. - The sales volume of stamping parts reached 30,556,340, reflecting a slight increase of 1.14% from 30,210,647 in the previous year[34]. - The production of sedan models surged by 57.39%, with 15,204,877 units produced compared to 9,660,659 units in the previous year[34]. Risks and Challenges - The company is facing risks related to economic cycles affecting the automotive mold industry, with potential impacts on revenue stability[5]. - The automotive mold market is becoming increasingly competitive, with approximately 300 manufacturers in China, necessitating timely product development and quality improvements to maintain market share[86]. - The company has a significant amount of accounts receivable, primarily from reputable automotive manufacturers, but faces potential risks if the industry downturn affects these clients[87]. - The company is increasing its export business, which could be impacted by fluctuations in foreign exchange rates, particularly with transactions primarily in USD and EUR[87]. - The company may face challenges in attracting high-level professionals amid increasing competition for talent[88]. Governance and Compliance - The company has established a robust governance structure, ensuring compliance with relevant laws and regulations while protecting shareholder rights[93]. - The company emphasizes the importance of investor relations management, establishing a dedicated "Investor Relations" section on its website and an "Interactive Platform" for communication[95]. - The company adheres to information disclosure obligations as per relevant regulations, ensuring timely and accurate information dissemination to all shareholders[95]. - The company maintains complete independence in business operations, assets, personnel, and finances, with no reliance on shareholders for product sales or raw material procurement[97]. - The company has established a comprehensive internal control system to mitigate operational risks and enhance management efficiency[132]. Employee and Social Responsibility - The company actively protects employee rights by signing labor contracts with all employees and providing comprehensive social insurance[140]. - The company has not reported any major social safety issues or environmental violations during the reporting period[141]. - The company has fulfilled all commitments made by actual controllers, shareholders, and related parties during the reporting period[145]. Related Party Transactions - The company reported a significant related party transaction involving procurement and labor services, with transaction amounts of 74.68 million and 54.72 million yuan respectively, both at market prices[154]. - The company has a 47.08% stake in Hunan Tianqi Automotive Mold Co., Ltd., which is involved in related party transactions for labor services, with a transaction amount of 250.45 million yuan at market price[155]. - The company is engaged in related party transactions with non-related parties for technical services, with a transaction amount of 100.88 million yuan at market price[155]. - The company is focused on expanding its market presence and enhancing its technical service offerings[156]. Shareholder Information - The total number of shareholders at the end of the reporting period is 82,367, an increase from 76,645 at the end of the previous month[190]. - The company’s shareholding structure showed that 97.90% of shares were unrestricted, totaling 931,317,168 shares[182]. - The company has a total of 19,992,303 restricted shares, with 82,852 shares added during the reporting period[185].

债券代码：128090 债券简称:汽模转 2 天津汽车模具股份有限公司 2021 年第三季度报告 天津汽车模具股份有限公司 2021 年第三季度报告 股票代码：002510 公司简称：天汽模 公告编号 2021-068 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 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增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | 营业收入（元） | 357,294,602.60 | 18.52% | 1 ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 689,014,001.90, representing a 30.85% increase compared to CNY 526,560,869.31 in the same period last year[19]. - The net profit attributable to shareholders was CNY 16,260,324.05, a significant turnaround from a loss of CNY 83,916,680.30 in the previous year, marking a 119.38% improvement[19]. - The net cash flow from operating activities was CNY 2,797,280.87, compared to a negative cash flow of CNY 72,608,339.20 in the same period last year, reflecting a 103.85% increase[19]. - Basic earnings per share increased to CNY 0.0171 from a loss of CNY 0.09, representing a 119.00% improvement[19]. - The total operating revenue for the reporting period reached CNY 689,014,001.90, representing a year-on-year increase of 30.85% compared to CNY 526,560,869.31 in the same period last year[38]. - The net profit attributable to shareholders reached ¥1,626,03, an increase of 119.38% compared to the previous year, with a net profit excluding non-recurring gains and losses of ¥1,864,42, up 118.53%[34]. - The company reported a significant increase in sales, with a market price of 82.73 million for molds and fixtures, indicating a strong demand in the market[79]. - The total revenue for the first half of 2021 was 922.62 million RMB, with a sales volume of 6,400 units[85]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,299,045,740.43, a decrease of 3.83% from CNY 5,509,984,938.80 at the end of the previous year[19]. - The company's total liabilities included a short-term loan of CNY 363,625,492.02, down from CNY 466,890,153.00 at the end of the previous year, reflecting a reduction in interest-bearing debt[44]. - The company's total liabilities decreased to CNY 3,107,893,095.42 in the first half of 2021 from CNY 3,630,828,364.53 in the previous year, indicating a reduction of approximately 14.4%[146]. - The total liabilities at the end of the reporting period were 1,143.0 million yuan, indicating a slight increase from 1,121.75 million yuan in the previous period[168]. Cash Flow - The cash flow from operating activities showed a significant improvement, with a net inflow of CNY 2,797,280.87, compared to a net outflow of CNY 72,608,339.20 in the previous period, marking a 103.85% increase[39]. - The net cash flow from investing activities surged by 590.10% to CNY 190,304,175.87, due to proceeds from equity transfers and investment income from associates[39]. - The total cash outflow from financing activities was 513,375,415.76 CNY, a decrease from 961,253,696.40 CNY in the first half of 2020, indicating improved cash management[158]. - The net cash flow from investing activities was 197,902,039.91 CNY, compared to -32,807,200.00 CNY in the previous period, showing a significant positive turnaround[161]. Research and Development - Research and development expenses increased by 36.95% to CNY 45,495,763.18, driven by growth in the stamping business[39]. - The company has a workforce of 2,607 employees, with 686 in research and development, ensuring a high level of technical expertise[31]. - The company has developed the first intelligent flexible production line for automotive covering molds in China, enhancing its capabilities in smart manufacturing[29]. Market Position and Strategy - The company has established itself as the largest global supplier of automotive body covering molds, with a broad and stable customer base including major domestic and international automotive manufacturers[28]. - The company is actively expanding its market presence and has plans for further development in the aviation products sector, which is expected to become a new profit growth point[34]. - The company is focusing on expanding its market presence through strategic partnerships and acquisitions, aiming to enhance its competitive edge[83]. - The company plans to invest in new product development and technological advancements to meet evolving market demands[83]. Risks and Challenges - The company faces risks including economic cyclical adjustments, market risks, and potential bad debts from accounts receivable[4]. - The automotive mould industry is experiencing increased competition, with approximately 300 manufacturers in China, necessitating continuous product development and quality improvement to maintain market share[55]. - The company is experiencing a shortage of high-level technical talent, which is critical for maintaining its competitive edge in the automotive mould industry[58]. Environmental and Compliance - The company has achieved a 100% compliance rate for major pollutant emissions monitored by authoritative departments[66]. - The company has established an ISO 14001 environmental management system and has been certified by the Norwegian Classification Society[66]. - There were no significant environmental administrative penalties imposed on the company during the reporting period[66]. Shareholder and Equity Information - The total number of shares decreased from 951,006,107 to 941,516,330, a reduction of 9,489,777 shares, representing a decrease of approximately 1%[106]. - Major shareholder Ningbo Yidao Investment Management Center holds 5.15% of the shares, totaling 48,519,310 shares, which are pledged[112]. - The company’s management believes that the changes in shareholding structure will positively impact future performance metrics[108]. Financial Reporting and Governance - The company’s half-year financial report has not been audited[74]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[76]. - The company has disclosed its ongoing efforts to strengthen its corporate governance and integrity in business practices[79].

Financial Performance - The company's operating revenue for 2020 was ¥1,345,852,020.96, a decrease of 37.94% compared to ¥2,168,713,304.23 in 2019[18]. - The net profit attributable to shareholders for 2020 was -¥824,755,360.89, representing a decline of 1,025.32% from a profit of ¥89,131,430.96 in 2019[18]. - The net cash flow from operating activities increased by 29.12% to ¥197,540,035.91 in 2020, compared to ¥152,994,837.99 in 2019[18]. - The total assets at the end of 2020 were ¥5,509,984,938.80, a decrease of 6.13% from ¥5,869,872,908.09 at the end of 2019[18]. - The basic earnings per share for 2020 was -¥0.90, down 1,000.00% from ¥0.10 in 2019[18]. - The weighted average return on equity for 2020 was -35.39%, a decrease of 38.79% from 3.40% in 2019[18]. - The company reported a significant increase in the net profit attributable to shareholders after deducting non-recurring gains and losses, which was -¥761,633,879.24 in 2020 compared to -¥26,529,827.79 in 2019, an increase of 2,770.86%[18]. - The total operating revenue for 2020 was approximately ¥1.35 billion, a decrease of 37.94% compared to ¥2.17 billion in 2019[44]. - The revenue from the manufacturing sector was approximately ¥1.31 billion, accounting for 97.31% of total revenue, down 37.86% year-on-year[44]. - The company reported a net increase in cash and cash equivalents of ¥283,441,702.86, a significant rise of 1,718.63% compared to the previous year[61]. Business Operations - The company maintains its main business without changes since its listing, ensuring stability in operations[17]. - The company has maintained its position as the largest automotive body covering mold manufacturer globally, with a stable development in its main business[28]. - The company has approximately 2.3 billion CNY in orders on hand, expected to be delivered in the next 1-2 years, which will help maintain high capacity utilization and stable gross margins[37]. - The company faced challenges due to the COVID-19 pandemic, resulting in a significant decline in order execution and sales scale[35]. - The company’s stamping business showed a recovery trend, with new orders from major clients like NIO and FAW Toyota, which could contribute positively to future performance[38]. - The company has established an independent international marketing system for high-end export molds, achieving sustainable and large-scale exports[86]. - The company is focusing on upgrading its production capabilities with advanced technologies, including flexible manufacturing and digital design[86]. - The company aims to enhance its production efficiency and meet customer demands through the integration of information technology and manufacturing technology[86]. - The company is committed to cost control and efficiency improvements to counteract rising labor costs and competitive pressures in the mold industry[90]. Investment and Financial Strategy - The company plans not to distribute cash dividends or issue bonus shares, indicating a focus on reinvestment[5]. - The company has not engaged in any significant equity or securities investments during the reporting period[69][70]. - The company has committed to avoiding competition with its controlling shareholders and related parties[102]. - The company has not proposed any cash dividend distribution plan despite having positive distributable profits for the reporting period[99]. - The company raised ¥471 million through the issuance of convertible bonds, with a net amount of ¥460.74 million after expenses[73]. - The company plans to temporarily use idle fundraising funds to supplement working capital, with a total amount not exceeding RMB 150 million for a period not exceeding 12 months[76]. - The company has not engaged in any asset or equity acquisition or sale transactions during the reporting period[128]. Related Party Transactions - The company reported a related party transaction amounting to 283.71 million yuan for technical services and processing fees, which is at market price[121]. - Another related party transaction for labor services was recorded at 399.29 million yuan, also at market price[122]. - The company engaged in a related party transaction for mold and technical services, amounting to 636.75 million yuan, at market price[122]. - The total amount of related party transactions was disclosed to be within the approved limits, with no exceeding amounts reported[121]. - The transactions were published on the "Giant Tide Information Network" for transparency[121]. - The company anticipates that these related party transactions will continue in the future, reflecting ongoing business relationships[121]. Workforce and Management - The company has a workforce of 2,863 employees, with 828 in R&D, showcasing its strong talent pool[33]. - The company has a total of 12 board members, including independent directors and supervisors[180]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 3.5683 million[182]. - The company has implemented a performance evaluation system for all positions to enhance employee efficiency and motivation[187]. - The company has a total of 1,782 employees with higher education, reflecting a strong educational background among staff[185]. - The company has established a transparent performance evaluation mechanism linking executive compensation to business performance[192]. Market and Industry Trends - The competitive landscape in the automotive mold industry is shifting towards high-end products, with significant growth potential in this segment[84]. - The company plans to enhance its market share by capitalizing on the increasing trend of electric vehicles and the growing demand for new energy models from domestic and international manufacturers[90]. - The automotive mold industry is experiencing intense competition, with approximately 300 manufacturers in China, necessitating continuous innovation and quality improvement to maintain market share[91]. - The company is actively pursuing international market expansion and collaboration with foreign mold enterprises to enhance its technical capabilities and service offerings[87]. Challenges and Risks - The company reported a significant impact from economic cyclical adjustments affecting the automotive mold industry, highlighting risks such as market fluctuations and accounts receivable bad debt risks[4]. - The company faces risks from economic cycles affecting the automotive mold industry, as demand is closely tied to macroeconomic conditions[90]. - The company has a large scale of accounts receivable, primarily from reputable automotive manufacturers, but faces potential risks if the industry experiences downturns[92]. - The company has recognized impairment losses on goodwill and long-term equity investments due to underperformance of certain subsidiaries[29]. Environmental and Compliance - The company has established an ISO 14001 environmental management system and achieved a 100% compliance rate for pollutant discharge[143]. - The company and its subsidiaries are not classified as key pollutant discharge units by environmental protection authorities[145]. - The governance structure complies with relevant laws and regulations, ensuring the protection of investor rights[191].

Financial Performance - The company's operating revenue for 2020 was ¥1,345,852,020.96, a decrease of 37.94% compared to ¥2,168,713,304.23 in 2019[18]. - The net profit attributable to shareholders was -¥824,755,360.89 in 2020, representing a decline of 1,025.32% from a profit of ¥89,131,430.96 in 2019[18]. - The net cash flow from operating activities increased by 29.12% to ¥197,540,035.91 in 2020, compared to ¥152,994,837.99 in 2019[18]. - The total assets at the end of 2020 were ¥5,509,984,938.80, down 6.13% from ¥5,869,872,908.09 at the end of 2019[18]. - The basic earnings per share for 2020 was -¥0.90, a decrease of 1,000.00% from ¥0.10 in 2019[18]. - The weighted average return on equity was -35.39% in 2020, down 38.79% from 3.40% in 2019[18]. - The company reported a significant increase in the net profit attributable to shareholders after deducting non-recurring gains and losses, which was -¥761,633,879.24 in 2020 compared to -¥26,529,827.79 in 2019, an increase of 2,770.86%[18]. - The company’s net assets attributable to shareholders decreased by 22.20% to ¥2,076,121,751.51 in 2020 from ¥2,668,464,277.58 in 2019[19]. - The company’s revenue after deducting non-recurring items was ¥1,309,711,900.00 in 2020, down from ¥2,107,529,100.00 in 2019[19]. - The total operating revenue for 2020 was approximately ¥1.35 billion, a decrease of 37.94% compared to ¥2.17 billion in 2019[44]. Market and Industry Position - The company has maintained its position as a leading manufacturer in the automotive mold industry, with a stable customer base including major domestic and international automotive manufacturers[28]. - The company is the largest global supplier of automotive cover molds, benefiting from economies of scale in cost control and order fulfillment[32]. - The company is actively expanding its market presence while implementing cost reduction and efficiency improvement measures to prepare for future growth[36]. - The company’s overseas market orders accounted for nearly 50% of total orders in recent years, indicating a significant increase in international business[37]. - The competitive landscape in the automotive mold industry is shifting towards high-end products, with significant growth potential in this segment[85]. Challenges and Risks - The company reported a significant impact from economic cyclical adjustments affecting the automotive mold industry, highlighting risks such as market fluctuations and accounts receivable bad debt risks[4]. - The company faced challenges due to the COVID-19 pandemic, resulting in a significant decline in order execution and sales scale[35]. - The company reported a risk of uneven monthly income and profit due to the uncertainty in new model development plans from downstream automotive manufacturers[92]. - The company has a significant amount of accounts receivable, primarily from reputable large automotive manufacturers, which poses a risk if the automotive industry experiences a downturn[93]. - The company faces risks related to long-term equity investment impairments due to the rapid growth and scale of its external investments[94]. Research and Development - The company has a high-quality team with 828 R&D personnel, including nearly 80 senior talents, enhancing its innovation capabilities[33]. - The company’s R&D investment amounted to ¥68,415,906.54, representing 5.08% of operating revenue, an increase of 1.73% compared to the previous year[59]. - The company is focusing on upgrading its production capabilities with advanced technologies, including flexible manufacturing and digital design[87]. - The company aims to enhance its production efficiency and meet customer demands through the integration of information technology and manufacturing technology[87]. Corporate Governance and Management - The company has established a performance assessment mechanism for senior management to determine remuneration based on operational performance and performance indicators[182]. - The company has a total of 7 current directors and supervisors, with various roles in other companies[180]. - The governance structure complies with relevant laws and regulations, ensuring transparency and protection of shareholder rights[192]. - The company has established an independent organizational structure, including a shareholders' meeting, board of directors, supervisory board, and management team, ensuring independence from shareholders and other controlled enterprises[197]. Shareholder and Capital Management - The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves[5]. - The company did not distribute cash dividends for the years 2019 and 2020, and in 2018, it distributed a total of 27,625,533.96 CNY, which accounted for 13.02% of the net profit attributable to shareholders[99]. - The company has not made any capital reserve transfers or bonus share distributions in the last three years[99]. - The company raised ¥47,100 million through a public offering of convertible bonds, with a net amount of ¥460,736,900.00 after expenses[74]. Employee and Training Programs - The total number of employees in the company is 2,863, with 959 in the parent company and 1,904 in major subsidiaries[186]. - The professional composition includes 1,696 production personnel, 54 sales personnel, 828 technical personnel, 29 financial personnel, and 256 administrative personnel[186]. - The training program for 2020 focused on new employees and middle management, covering company policies, culture, and skills training[189]. Related Party Transactions - The company reported a related party transaction amounting to 283.71 million yuan for technical services and processing fees, which is at market price[121]. - The company engaged in a related party transaction for labor services was recorded at 98.80 million yuan, also at market price[121]. - The company has a 47.08% equity stake in Hunan Tianqi Automotive Mold Technology Co., Ltd., which is involved in these transactions[122]. - The reported transactions are all within the approved limits and do not exceed the thresholds set for related party dealings[121]. Future Outlook - The company anticipates stable growth in the upcoming year, supported by ongoing projects and market demand[123]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product offerings[123]. - The company plans to continue its market expansion and product development strategies, as indicated by the ongoing convertible bond issuance and share repurchase activities[156].

天津汽车模具股份有限公司 2021 年第一季度报告全文 天津汽车模具股份有限公司 2021 年第一季度报告 2021 年 04 月 1 天津汽车模具股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人任伟、主管会计工作负责人邓应华及会计机构负责人(会计主管 人员)蔡爽声明：保证季度报告中财务报表的真实、准确、完整。 2 天津汽车模具股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 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 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 264,360,801.14 | 153,550,369.04 | 72.17% | | 归属于上市公司股东的净利润（元） | -8,864,866.12 | -98,265,6 ...

Financial Performance - Operating revenue for the reporting period was ¥301,458,870.50, a decrease of 18.04% year-on-year, with a cumulative revenue of ¥828,019,739.81, down 39.68%[8] - Net profit attributable to shareholders was -¥42,968,639.33, a decline of 342.24% compared to the same period last year, with a cumulative net profit of -¥126,885,319.63, down 240.27%[8] - Basic earnings per share for the reporting period was -¥0.0470, a decrease of 335.00% year-on-year, with diluted earnings per share at -¥0.0467, down 333.50%[8] - The company reported a net loss of CNY 44,759,334.56, compared to a net profit of CNY 16,284,016.38 in the same period last year[44] - The total comprehensive loss for the period was CNY 43,888,123.42, compared to a comprehensive income of CNY 13,785,978.45 in the previous year[45] - The total profit for the current period is a loss of CNY 8,091,258.89, compared to a profit of CNY 11,999,306.17 in the previous period[49] Cash Flow - Cash flow from operating activities showed a net inflow of ¥72,238,621.66, a significant recovery from -¥369,717.54 in the previous period[8] - The total cash inflow from operating activities was ¥1,179,413,597.99, while cash outflow was ¥1,179,783,315.53, resulting in a net cash flow from operating activities of -¥369,717.54[59] - The cash inflow from investment activities was ¥25,036,548.68, with cash outflow totaling ¥43,920,758.99, leading to a net cash flow from investment activities of -¥18,884,210.31[60] - The cash inflow from financing activities amounted to ¥1,655,662,643.97, while cash outflow was ¥1,339,968,497.02, resulting in a net cash flow from financing activities of ¥315,694,146.95[60] Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,273,992,686.30, an increase of 6.88% compared to the previous year[8] - Total liabilities rose to CNY 3,599,939,427.18 from CNY 3,169,505,881.43, indicating an increase of approximately 13.6%[36] - The company's total assets reached CNY 6,273,992,686.30, up from CNY 5,869,872,908.09, representing an increase of approximately 6.9%[36] - Total current assets increased to CNY 3,330,870,002.61 from CNY 2,915,142,944.67, representing a growth of approximately 14.3% year-over-year[34] - Total liabilities increased to CNY 3,772,888,356.73 from CNY 2,988,132,777.98, while total equity rose to CNY 2,316,201,578.84 from CNY 2,249,496,845.10[43] Investment and Expenses - Investment income decreased by 38.62% year-on-year to ¥61,300,201.56, primarily due to significant revenue declines at associated companies affected by the pandemic[18] - Research and development expenses decreased to CNY 17,405,782.20 from CNY 23,952,990.56, indicating a reduction in investment in new technologies[43] - Financial expenses increased to CNY 28,069,067.68 from CNY 17,772,730.48, with interest expenses specifically at CNY 21,690,769.33[43] - Research and development expenses for the current period are CNY 50,625,295.26, down from CNY 58,939,883.96, a decrease of 14.4%[50] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 90,245[12] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[13] - The equity attributable to shareholders decreased to CNY 2,648,967,994.12 from CNY 2,668,464,277.58, a decline of about 0.7%[37] Operational Challenges - Operating revenue for the period was ¥828,019,739.81, a decrease of 39.68% year-on-year, mainly impacted by delays in resuming work due to the COVID-19 pandemic[18] - Operating costs were ¥744,881,713.21, down 33.34% year-on-year, also due to the pandemic's impact on project scale and resumption of work[18] - The company reported a decrease in cash received from sales of goods and services, totaling ¥1,057,843,357.90, down from ¥1,271,223,798.64 in the previous year[59] Future Outlook - The company plans to focus on market expansion and new product development to improve future performance[44] - The company is focusing on enhancing its market position through strategic investments and operational efficiencies, as reflected in its asset management and financial health[67]