证券代码：002533 证券简称：金杯电工 金杯电工股份有限公司投资者关系活动记录表 编号：2021-04 | --- | --- | --- | --- | |----------------------------|------------------------------------------------------------------------------|-------------------------------|------------------------------------------------------| | 投资者关系活 \n动类别 \n | █特定对象调研 \n□媒体采访 □业绩说明会 \n□新闻发布会 □路演活动 \n 现场参观 | □分析师会议 □其他 \n□电话会议 | | | 参与单位名称 | 德邦证券股份有限公司 | 马天一 研究员 | | | 及人员姓名 | 德邦证券股份有限公司 | 苏千叶 研究员 | | | 时 间 | 2021 年 7 月 20 日 | | | | 地 点 | 金杯电工股份有限公司 | | | | 上市公司接待 人员姓名 | 董事 ...

金 杯 电 工 股 份 有 限 公 司 Gold cup Electric Apparatus Co.,Ltd. 证券代码：002533 证券简称：金杯电工 公告编号：2022-054 金杯电工股份有限公司 关于参加湖南辖区上市公司 2022 年 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。 为进一步做好投资者关系管理工作，增强与广大投资者的联系和互动交流， 金杯电工股份有限公司（以下简称"公司"）将参加由中国证券监督管理委员会 湖南监管局、湖南省上市公司协会与深圳市全景网络有限公司联合举办的"湖南 辖区上市公司2022年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。投资者可登录网址（http://rs.p5w.net） 参与本次投资者网上集体接待日活动，活动时间为2022年9月29日（星期四）14:00 至17:00。 届时，公司董事会秘书、证券事务代表将通过网络在线互动问答的形式和投 资者进行沟通与交流，欢迎广大投资者积 ...

Financial Performance - The company's operating revenue for 2021 was approximately ¥12.83 billion, representing a 64.60% increase compared to ¥7.80 billion in 2020[22]. - The net profit attributable to shareholders for 2021 was approximately ¥331.35 million, a 32.60% increase from ¥249.90 million in 2020[22]. - The net profit after deducting non-recurring gains and losses was approximately ¥297.41 million, up 36.27% from ¥218.26 million in 2020[22]. - The net cash flow from operating activities reached approximately ¥482.31 million, a significant increase of 153.84% compared to ¥190.01 million in 2020[22]. - Basic earnings per share for 2021 were ¥0.454, reflecting a 27.17% increase from ¥0.357 in 2020[22]. - The total assets at the end of 2021 were approximately ¥7.38 billion, an increase of 11.47% from ¥6.62 billion at the end of 2020[22]. - The weighted average return on net assets for 2021 was 9.80%, up from 8.04% in 2020[22]. - The total net assets attributable to shareholders increased by 4.61% year-on-year, reaching CNY 3,473,472,953.50[23]. - The company achieved operating revenue of CNY 12,832,314,209.90, a year-on-year increase of 64.60%[60]. - Net profit for the period was CNY 35,716.45 million, up 38.61% year-on-year, with net profit attributable to shareholders reaching CNY 33,135.15 million, an increase of 32.60%[56]. Cash Flow and Investments - The net cash flow from operating activities was CNY 48,231.25 million, a substantial increase of 153.48% year-on-year, attributed to improved cash flow management and collection efforts[57]. - The net cash flow from investment activities improved by 176.97%, resulting in a net inflow of ¥97,580,694.01[79]. - The company reported a significant decrease in investment amounting to CNY 1,450,000.00, a 99.88% drop compared to the previous year[89]. - The company invested 1,450,000.00 in a new project, holding a 29.00% stake in the venture[91]. Market Position and Growth Opportunities - The cable industry in China is projected to grow, with sales expected to reach approximately CNY 11,000 billion in 2021, up from CNY 10,769 billion in 2020[34]. - The company is positioned to benefit from the national investment in power grid construction, with total investments expected to approach CNY 30,000 billion during the 14th Five-Year Plan[35]. - The company anticipates increased demand for high-voltage and ultra-high-voltage cables, driven by the ongoing energy transition and infrastructure investments[34]. - The company has identified opportunities in clean energy sectors, with non-fossil energy consumption expected to reach 25% by 2030[35]. - The company is focused on enhancing its market position through potential mergers and acquisitions as industry consolidation accelerates[33]. Research and Development - The company applied for 57 patents during the reporting period, with 43 patents granted, including 14 invention patents[48]. - The company has completed R&D projects in the wind energy sector, aiming to enhance its product offerings in this field[75]. - The company is focusing on developing high-voltage electromagnetic wires for electric vehicle motors, aligning with industry trends[76]. - The company has a strategic emphasis on mergers and acquisitions to enhance its competitive position in the market[126]. - The company has allocated 100 million CNY for R&D in new technologies, focusing on energy-efficient solutions[134]. Environmental and Social Responsibility - The company actively implements environmental protection measures, with a focus on reducing VOC emissions by nearly 80% through the installation of catalytic combustion devices[173]. - The company invested approximately 470,000 yuan in 2020-2021 for air pollution control equipment to meet emission standards[174]. - The company has established a wastewater treatment system that meets municipal discharge standards, with no external discharge from production water[173]. - The company emphasizes environmental protection with a policy of "pollution prevention and waste emission standards," and has received national certification for green design products[184]. - The company engaged in various public welfare initiatives, including donations of aluminum cables worth 20,000 RMB to a local village[186]. Corporate Governance - The company has established a complete corporate governance structure, ensuring independence from its controlling shareholders in business, personnel, assets, and finance[116]. - The company maintains an independent financial department, adhering to accounting standards and regulations, with independent financial decision-making capabilities[117]. - The company has implemented various information disclosure management systems to ensure timely and accurate communication with investors[114]. - The company’s independent directors focus on protecting the rights of minority shareholders and provide independent opinions on significant matters[113]. - The company has a dedicated board secretary responsible for investor relations and information disclosure[114]. Employee Management and Compensation - The company reported a total of 3,906 employees at the end of the reporting period, with 2,168 in production, 449 in sales, and 765 in technical roles[152]. - The company completed the optimization of its "salary incentive system," focusing on performance-based compensation to enhance employee motivation[153]. - The company’s management compensation is linked to the achievement of annual operational goals[136]. - The total pre-tax remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 10.42 million[136]. - Employee health and rights are prioritized, with regular health check-ups and satisfaction surveys conducted[183]. Risks and Challenges - The company faces risks from macroeconomic changes and will enhance internal management to improve operational efficiency and risk resilience[106]. - Raw materials, primarily copper and aluminum, account for approximately 80% of product costs, and the company will adjust procurement plans to mitigate price volatility risks[106]. - The cold chain logistics segment incurred a loss of CNY 9,009.88 million, an increase in loss of CNY 7,252.58 million year-on-year, mainly due to a significant drop in pork prices[57]. - The company has no major environmental pollution issues, as it is classified as a key pollutant discharge unit only for one subsidiary[172]. Shareholder Engagement - The company reported a participation rate of 49.02% in the first extraordinary shareholders' meeting held on January 27, 2021[119]. - The company has conducted multiple extraordinary shareholders' meetings throughout 2021, with participation rates ranging from 39.15% to 49.19%[119]. - The company emphasizes shareholder and creditor rights protection, maintaining a robust governance structure and transparent communication[182]. - The company has implemented a cash dividend policy, distributing a total of 220,214,804.10 CNY, which represents 100% of the total profit distribution[155].

证券代码：002533 证券简称：金杯电工 公告编号：2021-062 金杯电工股份有限公司 关于参加湖南辖区上市公司 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。 为进一步做好投资者关系管理工作，增强与广大投资者的联系和互动交流， 金杯电工股份有限公司（以下简称"公司"）将参加由中国证券监督管理委员会 湖南监管局、湖南省上市公司协会与深圳市全景网络有限公司联合举办的"湖南 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，投资者可登录"全景·路演天下"网站 （http://rs.p5w.net）参与本次投资者网上集体接待日活动，活动时间为2021 年9月24日（星期五）15:00至17:00。 届时，公司董事会秘书、证券事务代表将通过网络在线互动问答的形式和投 资者进行沟通与交流。欢迎广大投资者积极参与。 特此公告。 金杯电工股份有限公司董事会 2021 年 9 月 17 日 ...

金杯电工股份有限公司 2020 年年度报告全文 金杯电工股份有限公司 2020 年年度报告 2021 年 03 月 1 金杯电工股份有限公司 2020 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人吴学愚、主管会计工作负责人钟华及会计机构负责人(会计主管 人员)钟华声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司存在宏观经济环境变化风险、原材料价格波动风险、市场竞争风险， 敬请广大投资者注意投资风险。详细内容见本报告"第四节经营情况讨论与分 析"之"九、公司未来发展的展望"之"（四）公司可能面对的主要风险和应对 措施"。 公司经本次董事会审议通过的利润分配预案为：以实施 2020 年度利润分配 方案时股权登记日的总股本为基数，向全体股东每 10 股派发现金红利 2.5 元（含 税），送红股 0 股（含税），不以公积金转增股本。 2 金杯电工股份有限公司 2020 年年度报告全文 目录 3 | --- ...

Financial Performance - The company's operating revenue for 2019 was CNY 5,844,317,396.22, representing a 23.33% increase compared to CNY 4,738,939,260.73 in 2018[21]. - The net profit attributable to shareholders of the listed company was CNY 197,598,574.18, a 49.04% increase from CNY 132,582,280.69 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 170,694,880.99, up 40.18% from CNY 121,764,990.23 in 2018[21]. - The net cash flow from operating activities was CNY 199,552,366.57, a significant increase of 152.49% compared to CNY 79,034,004.97 in 2018[21]. - Basic earnings per share increased to CNY 0.354, reflecting a 47.50% growth from CNY 0.240 in the previous year[21]. - Diluted earnings per share also rose to CNY 0.356, up 48.33% from CNY 0.240 in 2018[21]. - The weighted average return on equity was 8.25%, an increase from 5.72% in the previous year[21]. - The company achieved a revenue of 584,431.74 million yuan in 2019, representing a year-on-year growth of 23.33%[52]. - The net profit attributable to shareholders was 19,759.86 million yuan, reflecting a year-on-year increase of 49.04%[52]. - The cash flow from operating activities was 19,955.24 million yuan[52]. Dividend Policy - The company plans to distribute a cash dividend of CNY 2.5 per 10 shares, with no bonus shares issued[6]. - The proposed cash dividend for 2019 is ¥2.5 per 10 shares, amounting to a total cash dividend of ¥141,295,020.00, which represents 71.51% of the net profit attributable to shareholders[140][141]. - The cash dividend for 2018 was ¥1.50 per 10 shares, totaling ¥82,968,192.00, which was 62.58% of the net profit attributable to shareholders[140]. - The cash dividend for 2017 was ¥1.00 per 10 shares, totaling ¥55,312,128.00, which was 44.53% of the net profit attributable to shareholders[140]. - The company has a total distributable profit of ¥981,654,315.70 for the reporting period[145]. Business Strategy and Development - The company has adopted a "one main, two wings" development strategy focusing on intelligent cable manufacturing and expanding into the new energy vehicle and cold chain logistics industries[32]. - The company is involved in major engineering projects, including high-speed rail and nuclear power, with significant applications in various sectors such as public health infrastructure and renewable energy[38]. - The company plans to accelerate product transformation and upgrade to provide stable and reliable quality products and services for new infrastructure projects, including high-speed rail and new energy vehicles[122]. - The company aims to enhance brand integration and increase market share, focusing on the central and southwestern regions of China to penetrate the mid-to-high-end market[124]. - The company plans to optimize its internal organization efficiency and reduce overall costs to ensure steady improvement in operational quality[126]. Market and Competition - The wire and cable industry is characterized by low market concentration and significant competition, particularly in the medium and low voltage segments, while high voltage and special cables are dominated by a few players[36]. - The company has a strong reliance on copper and aluminum, which account for approximately 80% of the product cost, making it vulnerable to raw material price fluctuations[130]. - The company is focused on mitigating market competition risks by adapting its product structure to meet market demands[131]. Research and Development - The company applied for 74 patents, a 15.6% increase year-on-year, and authorized 50 patents, up 38.9%[55]. - Research and development expenses for 2019 amounted to ¥181,305,434.56, an increase of 6.52% compared to 2018[86]. - The number of R&D personnel increased by 25.56% to 506, representing 18.34% of the total workforce[89]. - The company has been recognized for several R&D projects, including the "nuclear power ultra-high temperature electromagnetic wire industrialization project" and "new type of ceramicizable medium voltage fire-resistant cable project"[86]. Risks and Challenges - The company faces risks including macroeconomic changes, raw material price fluctuations, and market competition[6]. - The company will strengthen internal management to improve operational efficiency and risk resistance[129]. Financial Position - Total assets increased by 10.56% to CNY 4,615,854,916.03 from CNY 4,174,839,583.98[22]. - The company's cash and cash equivalents at the end of 2019 were CNY 674.75 million, accounting for 14.62% of total assets, a decrease of 0.87% from the beginning of the year[96]. - Accounts receivable at the end of 2019 were CNY 823.31 million, representing 17.84% of total assets, a decrease of 1.11% from the beginning of the year[96]. - Inventory increased by 20.72% to CNY 956.47 million, compared to CNY 883.78 million at the beginning of the year[96]. - The company's long-term borrowings decreased by CNY 150 million, primarily due to reclassification of long-term borrowings to current liabilities[98]. Related Party Transactions - The total amount of daily related party transactions with Hunan Weichu Cable Polymer Materials Co., Ltd. is expected to not exceed 90.65 million yuan[179]. - The company plans to engage in related party transactions with Wuhan Second Electric Wire and Cable Co., Ltd. for a total amount not exceeding 150 million yuan[181]. - The related party transaction amount for purchasing insulation materials and protective materials from Hunan Weichu is 80.4738 million yuan, accounting for 27.33% of similar transaction amounts[176]. - The company has not engaged in any joint external investment related party transactions during the reporting period[184]. - The company reported a total of 59,172.74 thousand CNY in receivables from related parties, with a beginning balance of 666.17 thousand CNY and new additions of 58,506.57 thousand CNY during the period[186].

金杯电工股份有限公司 2019 年第三季度报告全文 金杯电工股份有限公司 2019 年第三季度报告 2019 年 10 月 1 金杯电工股份有限公司 2019 年第三季度报告全文 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。 公司负责人吴学愚、主管会计工作负责人钟华及会计机构负责人(会计主管 人员)钟华声明：保证季度报告中财务报表的真实、准确、完整。 2 金杯电工股份有限公司 2019 年第三季度报告全文 会计政策变更 会计政策变更的原因及会计差错更正的情况 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 追溯调整或重述原因 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------ ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2019, representing a year-on-year growth of 15%[22]. - The company has set a revenue guidance of 2.5 billion RMB for the full year 2019, indicating an expected growth of 10% from the previous year[22]. - The company's operating revenue for the current period is ¥2,635,623,256.79, representing a year-on-year increase of 19.75% compared to ¥2,200,990,976.47 in the same period last year[25]. - The net profit attributable to shareholders of the listed company is ¥87,858,086.01, reflecting a growth of 20.95% from ¥72,639,381.01 in the previous year[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is ¥81,747,832.84, which is a 20.91% increase compared to ¥67,611,585.52 in the same period last year[25]. - The basic and diluted earnings per share are both ¥0.158, up 20.61% from ¥0.131 in the previous year[25]. - The total revenue of Jinbei Electric Hunan Cable Co., Ltd. was approximately RMB 1.39 billion, with an operating profit of RMB 93.92 million[102]. - The company reported a total of RMB 5,798.16 million in revenue for the reporting period[142]. User Growth and Market Expansion - User data showed an increase in active users, with a total of 500,000 new users acquired in the first half of 2019, marking a 20% increase compared to the previous period[22]. - The company is expanding its market presence, targeting a 25% increase in market share in the renewable energy sector by the end of 2019[22]. - The company has expanded its business into the new energy vehicle sector, including battery management systems and leasing operations for electric vehicles[40]. - The company’s sales of new energy vehicles and fuel vehicles increased by 65.77% and 72.84% respectively, with after-sales service revenue growing by 189.90%[65]. Research and Development - New product development includes the launch of a next-generation battery management system (BMS), which is expected to enhance product efficiency by 30%[22]. - The company plans to invest 100 million RMB in research and development for new technologies in the upcoming year[22]. - The company applied for 43 patents during the reporting period and obtained 11 authorized patents[61]. - The company’s R&D efforts led to breakthroughs in high-temperature resistant electromagnetic wire, expected to be applied and mass-produced within the year[61]. Financial Position and Cash Flow - The total assets at the end of the current period amount to ¥4,577,807,994.07, an increase of 9.65% from ¥4,174,839,583.98 at the end of the previous year[25]. - The net cash flow from operating activities is -¥169,376,958.52, which is an improvement of 43.29% compared to -¥317,396,193.32 in the same period last year[25]. - Cash and cash equivalents decreased by 42.67% compared to the beginning of the year, primarily due to significant payments for maturing acceptance bills[49]. - Cash and cash equivalents increased by 121.70% to CNY 386,986,581.07, attributed to the use of acceptance bills for purchasing goods[82]. Strategic Initiatives - The company has initiated a strategic acquisition of a local competitor, which is projected to increase its production capacity by 40%[22]. - The company is strategically consolidating resources and pursuing mergers in the wire and cable business to strengthen market share and core competitiveness[62]. - The company is monitoring national policy adjustments and macroeconomic trends to adapt its business strategies accordingly[109]. Risk Management - The company has identified risks related to raw material price fluctuations, which could impact profit margins by up to 5%[22]. - The company faced a risk of raw material price fluctuations, with copper and aluminum accounting for about 80% of product costs[106]. - The management emphasized the importance of adapting to market changes and enhancing operational efficiency to mitigate risks[22]. Shareholder and Incentive Plans - The company will not distribute cash dividends or issue bonus shares for the current fiscal year, focusing instead on reinvestment for growth[22]. - The company implemented a restricted stock incentive plan to enhance employee motivation and cohesion[66]. - The total number of restricted stocks granted was 12.0588 million shares, with 329 recipients including directors and senior management[137]. - The performance assessment for the incentive plan is based on net profit after deducting share payment expenses and non-recurring gains and losses[128]. Related Party Transactions - The company engaged in related party transactions, purchasing materials from Hunan Weichu Cable High Polymer Materials Co., Ltd. for a total of 39.2498 million RMB, accounting for 24.70% of similar transaction amounts[140]. - The company also rented properties from the same related party for 0.3211 million RMB, representing 14.95% of the approved transaction amount[140]. - The company purchased cables and wires from Wuhan Second Wire and Cable Co., Ltd. for 10.4795 million RMB, which is 34.26% of the similar transaction amount[141]. Operational Challenges - The new energy vehicle segment reported a loss of RMB 1,072.88 million, which is an increase of RMB 355.78 million compared to the previous year[68]. - The cold chain logistics segment incurred a loss of RMB 2,076.15 million, an increase of RMB 1,248.57 million year-on-year, primarily due to high fixed costs during the early operational phase[68]. - Operating expenses increased by 228.67% to CNY 558,141.77, mainly due to donations and fixed asset disposal losses[78].

Financial Performance - The company's operating revenue for 2018 was CNY 4,738,939,260.73, representing a year-on-year increase of 19.63%[21]. - The net profit attributable to shareholders for 2018 was CNY 132,582,280.69, reflecting a growth of 6.74% compared to the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 121,764,990.23, an increase of 12.48% year-on-year[21]. - The net cash flow from operating activities for 2018 was CNY 79,034,004.97, a significant improvement of 144.32% compared to the previous year[21]. - The total assets at the end of 2018 amounted to CNY 4,174,839,583.98, marking a 19.03% increase from the end of 2017[23]. - The company's basic earnings per share for 2018 was CNY 0.240, up 6.19% from CNY 0.226 in 2017[21]. - The weighted average return on equity for 2018 was 5.72%, slightly up from 5.52% in 2017[21]. - The company reported a total revenue of CNY 1,252,961,726.02 in Q4 2018, with a net profit of CNY 22,005,609.63 for the same quarter[28]. - The company achieved operating revenue of CNY 473,893.93 million in 2018, a year-on-year increase of 19.63%, with the cable main business revenue reaching CNY 442,132.76 million, up 16.16% from the previous year[57]. - Net profit attributable to shareholders was CNY 13,258.23 million, reflecting a growth of 6.74% compared to the same period last year[57]. - The company’s cash flow from operating activities increased significantly by CNY 25,735.78 million, totaling CNY 7,903.40 million[57]. Dividend Policy - The company reported a cash dividend of 1.50 RMB per 10 shares for all shareholders based on a total share capital of 553,121,280 shares as of December 31, 2018[5]. - The cash dividend distribution plan for 2018 is set at ¥1.50 per 10 shares, totaling ¥82,968,192.00, which represents 62.58% of the net profit attributable to shareholders[162][165]. - The company has maintained a consistent cash dividend policy, with the 2017 dividend being ¥1.00 per 10 shares, amounting to ¥55,312,128.00, which was 44.53% of the net profit[162][165]. - The total distributable profit for 2018 is ¥882,014,647.21, ensuring a robust return to shareholders while supporting future growth[165]. Business Expansion and R&D - The company has expanded its business into the new energy vehicle sector, including battery management systems and charging facilities[36]. - The company has a strong focus on R&D, with several high-tech products developed and participation in drafting national and industry standards[52]. - The company applied for 63 patents and received 36 authorized patents, with significant achievements in product innovation and technology development[62]. - The company launched six new products in the cable sector that passed provincial-level identification, with four reaching international advanced levels[99]. - R&D investment amounted to ¥170,209,332.87 in 2018, a 10.02% increase from ¥154,704,305.82 in 2017[101]. - R&D personnel increased to 403 in 2018, up 4.68% from 385 in 2017[101]. Market Risks and Challenges - The company faces risks including raw material price fluctuations, market competition, and new energy vehicle policy risks, which may impact future performance[5]. - The company is exposed to market competition risks due to oversupply in the low and medium voltage cable sector, which could affect its market position[148]. - The company acknowledges potential risks in new business market development, particularly in new energy core components and cold chain logistics services, despite thorough preparatory work[151]. - The company recognizes operational and management risks associated with its new energy vehicle leasing and cold chain logistics services, which differ significantly from its traditional manufacturing operations[152]. Asset Management - Cash and cash equivalents grew by 45.14% compared to the beginning of the period, primarily due to improved collection of accounts receivable[45]. - Inventory increased by 79.62% compared to the beginning of the period, mainly due to certain shops and office buildings from the cloud cold chain logistics project being transferred to inventory[45]. - Other current assets rose by 131.84% compared to the beginning of the period, mainly due to an increase in deductible VAT input tax[47]. - Long-term prepaid expenses increased by 465.11% compared to the beginning of the period, primarily due to the acquisition of Zhenjiang Jinbei by the subsidiary Jinbei New Energy[47]. - The company reported a production increase of 159.08% in power battery packs, with sales rising by 139.02% to 1,526 units[83]. Customer and Supplier Relations - The company has established a stable and high-end customer base, including international and domestic well-known power equipment enterprises[53]. - The top five customers contributed ¥735,801,608.54, which is 13.60% of the annual sales total[92]. - The top five suppliers accounted for ¥3,493,217,026.24, or 70.83% of total annual purchases, indicating a high supplier concentration[94]. Strategic Initiatives - The company plans to continue enhancing its market expansion efforts and product development in the coming periods[73]. - The company plans to leverage the "Belt and Road" initiative and "Made in China 2025" strategy to enhance its market position and capitalize on new opportunities[135]. - The company aims to enhance its core competitiveness in 2019 by optimizing incentive mechanisms and implementing various innovative management practices[144]. - The company intends to develop a cold chain industry park that provides comprehensive services, including cold storage and logistics, while promoting the operation of new energy logistics vehicles[142].

Financial Performance - Net profit attributable to shareholders was ¥37,937,290.05, a decrease of 13.95% year-on-year[9]. - Operating revenue for the reporting period was ¥1,284,986,558.24, reflecting a growth of 12.39% compared to the same period last year[9]. - Basic earnings per share decreased by 14.81% to ¥0.069 compared to the same period last year[9]. - The company reported a net profit of ¥37,542,873.56 after deducting non-recurring gains and losses, a decrease of 10.32% year-on-year[9]. - The company experienced a net loss of ¥2,322,774.72 in the current period, compared to a net profit of ¥95,453,176.86 in the same period last year[53]. - Total comprehensive income for the current period was ¥40,113,082.58, a decline of 32.1% from ¥58,942,893.67 in the prior period[49]. - The net profit for the third quarter reached CNY 119,472,041.38, showing a growth of 4.1% from CNY 114,139,810.32 in the same period last year[55]. - The total profit for the quarter was CNY 138,315,972.08, slightly down from CNY 139,745,359.93 year-over-year[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,003,607,619.15, an increase of 14.15% compared to the end of the previous year[9]. - Total current assets increased to CNY 2,733,055,442.11 from CNY 2,237,144,749.39, representing a growth of approximately 22.2%[39]. - Total liabilities increased to CNY 1,463,506,761.36 from CNY 989,932,433.67, marking a rise of about 47.7%[41]. - The company's total assets reached CNY 4,003,607,619.15, up from CNY 3,507,331,935.46, an increase of approximately 14.1%[40]. - Non-current assets remained stable at CNY 1,270,552,177.04 compared to CNY 1,270,187,186.07, showing minimal change[40]. Cash Flow - The net cash flow from operating activities improved significantly to ¥59,364,070.43, an increase of 130.59% compared to the previous year[9]. - The net cash flow from operating activities for the current period was -258.03 million, an improvement of 134.21 million or 34.22% compared to the previous period[26]. - The net cash flow from investing activities improved to -128.16 million, an increase of 65.44 million or 33.80% from the last period[26]. - The net cash flow from financing activities significantly increased to 271.03 million, a rise of 347.04 million or 456.57% compared to the previous period[26]. - Total cash inflow from operating activities was 3,681,808,425.76 CNY, compared to 2,603,920,607.57 CNY in the previous year, indicating a year-over-year increase of approximately 41.4%[63]. - The net cash flow from financing activities was 271,028,214.53 CNY, a significant improvement from -76,010,439.02 CNY in the previous year[64]. Expenses and Investments - Research and development expenses surged by 183.81%, indicating a significant increase in R&D investment[23]. - Research and development expenses surged to ¥48,566,003.60, a significant increase of 205.5% from ¥15,894,753.09 in the previous period[46]. - The company's financial expenses included interest expenses of ¥3,970,582.75, a significant increase from ¥31,722.66 in the previous period[48]. - The company reported an investment loss of CNY 3,844,988.47, compared to a loss of CNY 550,325.90 in the previous year[55]. Shareholder Information - The total number of shareholders at the end of the reporting period was 44,450[13]. - The expected net profit attributable to shareholders for 2018 is projected to be between 12.42 million and 16.15 million, representing a change of 0.00% to 30.00% compared to the previous year[29]. - The company did not engage in any repurchase transactions during the reporting period[15]. - There were no violations regarding external guarantees during the reporting period[30]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[31]. Government Subsidies - The company received government subsidies amounting to ¥7,989,473.67 during the reporting period[12]. - Other income rose by 31.10%, primarily from government subsidies related to assets[24]. - The company received government subsidies totaling 18.71 million related to assets during the current period[26].