1 证券代码：002540 证券简称：亚太科技 江苏亚太轻合金科技股份有限公司投资者关系活动记录表 编号：2021-投 016 | --- | --- | --- | --- | --- | |-----------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

证券代码：002540 证券简称：亚太科技 江苏亚太轻合金科技股份有限公司投资者关系活动记录表 编号：2021-投 017 | --- | --- | --- | --- | |--------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

证券代码：002540 证券简称：亚太科技 江苏亚太轻合金科技股份有限公司投资者关系活动记录表 编号：2022-投 002 | --- | --- | --- | --- | |----------------------------------|-----------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：002540 证券简称：亚太科技 江苏亚太轻合金科技股份有限公司投资者关系活动记录表 编号：2022-投 003 | --- | --- | --- | |--------------------------|------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

1 证券代码：002540 证券简称：亚太科技 江苏亚太轻合金科技股份有限公司投资者关系活动记录表 编号：2022-投 004 | --- | --- | --- | --- | |--------------------------|-----------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's revenue for Q3 2022 reached ¥1,679,538,607.56, representing a year-on-year increase of 16.49%[7] - Net profit attributable to shareholders was ¥112,924,265.89, up 33.09% compared to the same period last year[7] - The net profit excluding non-recurring gains and losses was ¥121,161,800.73, reflecting a 47.47% increase year-on-year[7] - For the first nine months of 2022, the company achieved operating revenue of 482.66 million yuan, a growth of 12.99% compared to the same period last year[21] - The net profit attributable to shareholders for the first nine months of 2022 was 297.47 million yuan, up 7.21% year-on-year[21] - The company reported a net profit attributable to shareholders of 112.92 million yuan for Q3 2022, an increase of 33.09% year-on-year[21] - Operating revenue for the period reached 4,562,396,308.47 CNY, an increase from 4,023,255,881.07 CNY in the previous period, reflecting a growth of approximately 13.4%[35] - Net profit attributable to shareholders was 297,472,213.12 CNY, compared to 277,460,721.92 CNY in the same period last year, representing an increase of about 7.3%[34] - The total comprehensive income for the period was 298,063,232.39 CNY, compared to 277,481,323.20 CNY in the previous year, showing an increase of around 7.4%[34] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥6,122,329,455.99, a 4.35% increase from the end of the previous year[7] - The total assets of the company amounted to ¥6,122,329,455.99, compared to ¥5,866,961,154.70 in the previous period, indicating an increase of approximately 4.36%[28] - Current liabilities totaled ¥877,271,561.26, up from ¥772,339,613.10, marking an increase of around 13.59%[28] - The company's total equity reached ¥5,189,342,107.73, compared to ¥5,023,979,869.62 in the previous year, showing a growth of about 3.31%[28] - The total liabilities of the company amounted to ¥932,987,348.26, compared to ¥842,981,285.08 in the previous year, reflecting an increase of approximately 10.66%[28] Cash Flow - Cash flow from operating activities showed a net outflow of ¥57,959,083.21, a significant decline of 84.95% year-on-year[7] - The company's cash flow from operating activities showed a significant improvement, with a net cash flow of -57.96 million yuan for the first nine months of 2022, a 84.95% increase compared to the same period last year[15] - The company's cash and cash equivalents decreased to 492.42 million yuan as of September 30, 2022, down from 647.53 million yuan at the beginning of the year[22] - Operating cash inflow totaled CNY 4,618,965,395.64, an increase from CNY 4,059,413,987.05 in the previous period[38] - Operating cash outflow amounted to CNY 4,676,924,478.85, compared to CNY 4,444,476,196.94 last year[38] - Net cash flow from operating activities was CNY -57,959,083.21, an improvement from CNY -385,062,209.89 in the previous year[38] - Cash inflow from investment activities reached CNY 4,583,829,160.26, up from CNY 3,150,041,060.11[38] - Net cash flow from investment activities was CNY 200,051,961.72, compared to CNY 182,104,870.55 last year[38] - Cash inflow from financing activities totaled CNY 142,004,408.74, down from CNY 190,092,761.40[38] - Net cash flow from financing activities was CNY -280,238,360.09, a decline from CNY 21,944,424.39 in the previous period[38] Operational Highlights - The company’s high-performance aluminum extrusion material sales reached 60,000 tons in Q3 2022, representing a year-on-year increase of 17.29%[21] - The company plans to expand its production capacity for new energy vehicle aluminum materials, with a project aimed at producing 65,000 tons annually[12] - The company is focusing on expanding its market presence in the automotive, aerospace, and air conditioning industries, aiming for sustainable development and capacity enhancement[21] Expenses and Financial Metrics - The company experienced a substantial increase in non-operating expenses, which rose by 356.76% to 4.29 million yuan, primarily due to increased quality compensation payments[15] - Research and development expenses amounted to 158,525,237.88 CNY, up from 145,182,973.09 CNY, indicating a year-over-year increase of approximately 9.3%[30] - The company recorded a tax expense of 28,675,777.21 CNY, down from 34,560,828.61 CNY, which is a decrease of approximately 17%[30] - Other income for the period was reported at 9,525,801.42 CNY, an increase from 6,716,685.82 CNY, representing a growth of about 41.5%[30] - The company reported a financial expense of -29,476,022.93 CNY, a significant improvement from 5,315,922.17 CNY in the previous period, indicating a reduction in financial costs[30] - Earnings per share (EPS) for the period was 0.2401 CNY, compared to 0.2238 CNY in the same period last year, reflecting an increase of approximately 7.9%[34] - The operating profit for the period was 328,493,711.79 CNY, compared to 311,447,246.79 CNY in the previous year, marking an increase of about 5.5%[30] Changes in Financial Position - The company recorded a 9566.59% increase in other payables, reaching ¥259,032,921.84, mainly from government compensation received[12] - Prepayments increased by 122.16% to ¥172,562,788.26, primarily due to higher material payments[12] - The cash and cash equivalents increased to ¥280,961,062.41 from ¥141,873,803.89, representing a significant growth of approximately 97.66%[25] - Accounts receivable rose to ¥1,515,759,676.23 from ¥1,461,298,812.97, reflecting an increase of about 3.71%[25] - Inventory levels increased to ¥679,764,972.55 from ¥604,341,456.93, indicating a rise of approximately 12.47%[25] - The company reported a decrease in long-term borrowings to ¥20,000,000.00 from ¥30,000,000.00, a reduction of about 33.33%[28] - The impact of exchange rate changes on cash and cash equivalents was CNY 4,060,423.44, compared to CNY 1,252,519.79 last year[38] - The ending balance of cash and cash equivalents was CNY 492,206,178.28, up from CNY 330,410,879.19 in the previous year[38] - The company received tax refunds of CNY 38,196,362.49, an increase from CNY 29,638,810.26 in the previous period[38]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥3,147,102,734.52, representing an increase of 11.21% compared to ¥2,829,889,285.09 in the same period last year[29]. - The net profit attributable to shareholders of the listed company was ¥184,547,947.23, a decrease of 4.19% from ¥192,614,841.92 in the previous year[29]. - The net cash flow from operating activities was ¥14,377,421.90, showing a significant improvement of 104.75% compared to a negative cash flow of ¥302,998,393.10 in the same period last year[29]. - The total assets at the end of the reporting period were ¥6,153,429,829.69, an increase of 4.88% from ¥5,866,961,154.70 at the end of the previous year[29]. - The net assets attributable to shareholders of the listed company were ¥5,075,831,629.84, reflecting a growth of 1.21% from ¥5,015,048,365.73 at the end of the previous year[29]. - The basic earnings per share for the reporting period was ¥0.1489, down 4.18% from ¥0.1554 in the same period last year[29]. - The diluted earnings per share also stood at ¥0.1489, a decrease of 4.18% compared to ¥0.1554 in the previous year[29]. - The weighted average return on equity was 3.61%, down from 4.22% in the same period last year, indicating a decline of 0.61%[29]. - The company reported a decrease in investment income by 59.45%, totaling ¥6,757,023.93, due to reduced gains from the disposal of financial assets[77]. - The gross profit margin for aluminum products was 13.29%, a slight decrease of 1.91% compared to the previous year[80]. Market and Product Development - The company has established certifications with over 100 large domestic and international manufacturing enterprises, including major automotive suppliers such as Continental, Mahle, and Bosch[39]. - The primary products include high-performance precision aluminum tubes, specialized profiles, and high-precision bars, primarily serving the automotive industry, with applications in thermal management, chassis, braking, and power systems[40]. - The company is expanding its product offerings to include deep processing solutions, such as precision cutting, bending, and 3D metal printing, primarily for automotive clients[48]. - The company’s products are increasingly penetrating high-end applications in sectors such as aerospace, rail transportation, and marine engineering[48]. - The company has a strong market position in the automotive supply chain, with products used in various fuel and new energy vehicles from major manufacturers like Tesla and BYD[39]. - The company aims to capitalize on the trend of aluminum replacing copper in the air conditioning industry, which presents a significant market opportunity[57]. - The market size for lightweight aluminum in the new energy vehicle chassis is expected to grow from 4.6 billion yuan in 2019 to 32 billion yuan by 2025, with a CAGR of 38%[56]. - The penetration rates of aluminum alloy components in the chassis and body of vehicles are projected to increase significantly by 2025, with steering knuckles expected to reach 60% penetration[54]. - The company is actively expanding its presence in the aerospace sector, with a focus on high-performance aluminum alloys, as China is projected to become the largest civil aviation market by 2040[56]. Research and Development - The company invested CNY 107.77 million in R&D, accounting for 3.42% of its revenue, focusing on new materials and technologies[68]. - Research and development investment rose by 17.35% to ¥107,768,438.33, reflecting increased focus on new product development[74]. - The company is focused on optimizing its management model and resource allocation to enhance overall competitiveness[63]. - The company has implemented a pricing model based on "aluminum ingot price + processing fee" to mitigate the impact of aluminum price fluctuations on its gross profit margin[142]. Operational Efficiency and Management - The company operates under a "sales-driven production" model, ensuring that production aligns closely with customer demands and specifications[49]. - The company has established a robust internal control system to improve operational efficiency and product quality[63]. - The company has identified management risks associated with its expanding operational scale and is focused on improving its management systems to support growth[138]. - The company has implemented strict approval procedures for waste transfer following the fines, ensuring compliance with environmental regulations[153]. Environmental Compliance - The company has completed environmental impact assessments for all projects and obtained necessary administrative approvals, including a 65,000-ton new energy vehicle aluminum project[161]. - The company has established a rainwater and sewage separation system, ensuring that domestic sewage is pre-treated before entering the municipal sewage network[160]. - The company conducts regular inspections of pollution control facilities to ensure effective operation and compliance with national standards[160]. - The company has engaged qualified suppliers for the disposal of hazardous waste generated during production, minimizing environmental impact[160]. - The company has reported that all monitored emissions comply with national standards, demonstrating effective pollution control measures[158]. - The company adheres to the ISO 14001:2015 environmental management system, ensuring compliance with national laws and industry standards regarding pollution management[167]. Financial Strategy and Investments - The company plans to continue expanding its market presence and investing in new technologies to enhance its product offerings[103]. - The total amount of funds raised through the private placement was 1,479,999,390 CNY, with a net amount of 1,467,128,865.38 CNY after deducting fees[108]. - The company has committed to using up to 20 million USD for foreign exchange derivative trading and has fulfilled this commitment within the stipulated timeframe[173]. - The company has not reported any non-operating fund occupation by major shareholders or related parties during the reporting period, ensuring financial integrity[174]. Legal and Regulatory Compliance - The company has no significant litigation or arbitration matters during the reporting period, indicating a stable legal standing[180]. - The company has not engaged in any major related party transactions during the reporting period, maintaining clear financial practices[184]. - Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. was fined RMB 397,000 for improper disposal of solid waste (aluminum ash) without approval from environmental authorities[153]. - Jiangsu Asia-Pacific Aviation Technology Co., Ltd. was fined RMB 199,000 for failing to file the transfer of general solid waste (aluminum ash) with the relevant environmental department[153].

Revenue and Profit - Revenue for Q1 2022 reached ¥1,546,354,530.74, an increase of 17.06% compared to ¥1,321,010,687.20 in the same period last year[4] - Net profit attributable to shareholders was ¥83,377,242.99, a decrease of 7.54% from ¥90,176,532.37 year-on-year[4] - The company achieved operating revenue of CNY 154,635.45 million, a year-on-year increase of 17.06%[15] - The net profit attributable to shareholders was CNY 8,337.72 million, a year-on-year decrease of 7.54%[15] - Net profit for the current period was ¥83,388,825.74, a decrease of 7.5% from ¥90,176,051.11 in the previous period[28] - The total comprehensive income attributable to the parent company's owners was 83,331,423.99, compared to 90,252,488.70 in the previous period, reflecting a decrease of approximately 7.5%[32] Cash Flow - Net cash flow from operating activities improved by 27.37%, reaching -¥201,926,242.75 compared to -¥278,039,192.14 in Q1 2021[10] - Cash inflow from operating activities totaled 1,453,879,987.48, an increase from 1,140,704,088.13 in the previous period, representing a growth of approximately 27.4%[33] - The net cash flow from operating activities was -201,926,242.75, an improvement from -278,039,192.14 in the previous period[36] - Cash inflow from investment activities was 1,607,623,584.88, significantly higher than 766,909,880.05 in the previous period, marking an increase of about 109.0%[36] - The net cash flow from investment activities was 216,920,743.64, compared to 70,368,317.53 in the previous period, showing an increase of approximately 208.5%[36] - The net cash flow from financing activities was 18,160,367.85, down from 32,881,585.00 in the previous period, indicating a decrease of about 44.9%[39] Assets and Liabilities - Total assets increased by 5.95% to ¥6,216,324,296.59 from ¥5,866,961,154.70 at the end of the previous year[4] - Total liabilities rose to ¥1,107,112,642.58, compared to ¥842,981,285.08 in the previous period, indicating a significant increase of 31.4%[24] - The company's equity attributable to shareholders reached ¥5,100,268,567.37, up from ¥5,015,048,365.73, marking a growth of 1.7%[24] - The current ratio of total current liabilities was ¥838,174,076.92, compared to ¥772,339,613.10 in the previous period, reflecting an increase of 8.5%[24] Expenses - Total operating costs amounted to ¥1,453,774,188.91, up 19.8% from ¥1,213,557,751.32 in the previous period[25] - Research and development expenses increased to ¥52,069,740.63, compared to ¥42,990,592.68 in the previous period, reflecting a growth of 21.5%[28] - The company reported a decrease in sales expenses to ¥6,435,798.38 from ¥18,573,549.48, a reduction of 65.3%[28] Production and Sales - The production volume of high-performance aluminum extrusions was 56,500 tons, a year-on-year decrease of 2.78%[15] - The sales volume of high-performance aluminum extrusions was 53,700 tons, a year-on-year decrease of 2.83%[15] - The company is advancing a 65,000 tons annual production project for aluminum materials for new energy vehicles, with customer certification and capacity release ongoing[15] - The company is also progressing a 40,000 tons lightweight environmentally friendly aluminum alloy project, with production and sales continuously improving[15] Other Financial Metrics - Basic earnings per share decreased by 7.43% to ¥0.0673 from ¥0.0727 in the same period last year[4] - The weighted average return on equity was 1.65%, down from 1.93% year-on-year[4] - Other income decreased by 31.42% to ¥1,633,981.89, primarily due to a reduction in government subsidies[7] - The cash and cash equivalents at the end of the period were CNY 678,870,727.54, compared to CNY 647,532,878.45 at the beginning of the year[18] - The total current assets amounted to CNY 4,008,621,360.78, an increase from CNY 3,695,027,631.35 at the beginning of the year[18] - The company reported accounts receivable of CNY 1,445,836,076.92, slightly down from CNY 1,461,298,812.97 at the beginning of the year[18] Strategic Focus - The company is focusing on sustainable development and adapting to changes in the production and operational environment[15] - The company experienced a 65.98% increase in prepaid expenses, attributed to supply chain disruptions caused by the pandemic[7] - Deferred income tax liabilities decreased slightly to ¥623,819.01 from ¥681,980.83, a decline of 8.5%[24]

Financial Performance - The company's operating revenue for 2021 was ¥6,016,769,028.13, representing a 50.81% increase compared to ¥3,989,600,120.25 in 2020[25] - The net profit attributable to shareholders for 2021 was ¥458,050,652.75, an increase of 28.21% from ¥357,256,375.26 in 2020[25] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥348,933,646.35, up 32.12% from ¥264,108,037.41 in 2020[25] - The basic earnings per share for 2021 was ¥0.3695, a 29.02% increase from ¥0.2864 in 2020[25] - The total assets at the end of 2021 were ¥5,866,961,154.70, reflecting a 10.58% increase from ¥5,305,595,798.62 at the end of 2020[25] - The net assets attributable to shareholders at the end of 2021 were ¥5,015,048,365.73, an increase of 8.34% from ¥4,628,950,913.72 at the end of 2020[25] - The company reported a net cash flow from operating activities of -¥313,067,360.49, a significant decline compared to -¥32,116,681.25 in 2020, marking a decrease of 874.78%[25] - The weighted average return on net assets for 2021 was 9.50%, up from 7.58% in 2020, indicating improved profitability[25] Sales and Market Performance - In 2021, the company's aluminum extrusion sales reached 225,900 tons, with approximately 80% supplied to domestic fuel and new energy passenger vehicles, marking a 32% increase year-on-year[41] - The company reported a net profit attributable to shareholders of CNY 180,589,930.83 for Q4 2021[30] - The sales volume of high-performance precision aluminum pipes, special profiles, and high-precision bars was 225,903 tons, a year-on-year growth of 32.18%[60] - In the automotive sector, the sales volume for general-purpose thermal exchange systems increased by 24.43% to 110,361 tons, while sales for new energy vehicle three-electric systems surged by 142.71% to 12,963 tons[62] - Domestic sales accounted for 86.05% of total revenue, amounting to CNY 5,177,415,002.30, with a year-on-year increase of 51.38%[68] Research and Development - The company invested CNY 204.05 million in R&D, representing 3.39% of its revenue, and holds 429 patents, showcasing its commitment to innovation[53] - Research and development expenses increased by 35.89% to ¥204,052,804.75, reflecting a focus on new product development[83] - The number of R&D personnel rose by 9.59% to 423 in 2021 from 386 in 2020, with a slight decrease in the proportion of R&D personnel to total employees from 13.91% to 13.75%[86] Operational Efficiency - The company continues to enhance its management systems and internal controls to improve operational efficiency and product quality[59] - The company has established a procurement control system to manage raw material supply and mitigate price volatility risks[80] - The company is focusing on aluminum substitution for copper in the air conditioning industry, which is expected to significantly reduce costs, as aluminum prices are one-third of copper prices[44] Strategic Initiatives - The company is actively expanding into the aerospace sector, with a projected need for 7,646 new civil aircraft in China by 2040, where aluminum extrusion materials account for approximately 28% of aluminum consumption in aircraft[44] - The company aims to achieve a market penetration rate of 60% for aluminum alloy steering knuckles and 25% for subframes by 2025[40] - The company is advancing projects in new energy vehicles, including a 65,000-ton aluminum project and a 40,000-ton lightweight aluminum alloy project, to enhance its production capacity in emerging markets[55] Governance and Compliance - The company has established a governance structure that aligns with its business nature and scale, ensuring clear responsibilities among the shareholders' meeting, board of directors, and supervisory board[166] - The company emphasizes timely and accurate information disclosure to ensure all shareholders, especially minority shareholders, have equal access to information[166] - The company has adhered to legal and regulatory requirements in its governance practices, including the Company Law and Securities Law[166] Challenges and Risks - The company faces risks related to high market concentration in the automotive sector, which could impact its revenue if the industry experiences downturns[145] - Trade protectionism has led to increased tariffs on Chinese aluminum exports to the U.S., creating significant uncertainty in foreign markets and risks for export trade[149] - The ongoing COVID-19 pandemic has impacted the stability of production and consumption in downstream markets, particularly in the automotive and aerospace sectors[149] Future Outlook - The company plans to increase aluminum extrusion capacity to approximately 300,000 tons in 2022, with a projected sales growth of 10% to 30%[140] - The company aims for a net profit growth of 50% to 80% in 2022, with a target of maintaining operating costs at 80% of revenue[140] - The company intends to achieve a production capacity of 400,000 to 500,000 sets of high-strength lightweight aluminum components within the next three to five years[139]

Financial Performance - The company's revenue for Q3 2021 reached ¥1,441,766,302.60, representing a 46.11% increase year-over-year[4] - Net profit attributable to shareholders decreased by 19.77% to ¥84,845,880.00 for the quarter, while year-to-date net profit increased by 13.34% to ¥277,460,721.92[4] - The net profit excluding non-recurring items for Q3 2021 was ¥82,161,427.03, a 25.93% increase compared to the same period last year[4] - Revenue for the first nine months of 2021 reached ¥4,271,655,587.69, a 66.53% increase compared to ¥2,565,086,642.92 in the same period of 2020, driven by increased sales volume and rising aluminum prices[11] - Net profit for the current period was ¥277,488,768.34, representing a 13.3% increase from ¥244,804,755.78 in the same period last year[34] - Basic and diluted earnings per share were both ¥0.2238, compared to ¥0.1927 in the previous year, reflecting a growth of 16.0%[36] - The total comprehensive income for the current period was ¥277,481,323.20, compared to ¥244,745,282.61 in the previous year, marking an increase of 13.3%[37] Assets and Liabilities - The company's total assets as of September 30, 2021, were ¥5,626,884,642.02, reflecting a 6.06% increase from the end of the previous year[4] - The total current assets as of September 30, 2021, amounted to CNY 3,520,170,700.19, compared to CNY 3,322,582,574.26 at the end of 2020[21] - The total assets as of September 30, 2021, were CNY 5,626,884,642.02, compared to CNY 5,305,595,798.62 at the end of 2020[30] - Total liabilities amounted to 676,644,884.90, a decrease from 686,642,234.86[50] - Non-current liabilities totaled 52,871,652.08, compared to 62,869,002.04 previously[50] - The total liabilities remained stable at approximately $623.77 million, indicating consistent liability management[47] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of ¥385,062,209.89, a decrease of 264.82% year-over-year[4] - Net cash flow from operating activities decreased by 264.82% to -¥385,062,209.89, down from ¥233,629,271.18, mainly due to significant increases in raw material purchases and accounts receivable[11] - Cash flow from operating activities totaled ¥4,059,413,987.05, an increase of 60.7% from ¥2,524,563,001.09 in the prior period[38] - The company reported a significant increase in cash paid for operating activities, totaling $4.44 billion, compared to $2.29 billion previously, indicating higher operational costs[41] - The company’s cash outflow for investment activities was $2.97 billion, an increase from $2.26 billion, reflecting aggressive investment strategies[41] - Cash inflow from investment activities totaled $3.15 billion, up from $2.33 billion, reflecting an increase in investment recovery[41] - The net cash flow from investment activities was $182.10 million, compared to $63.28 million previously, showing improved investment returns[41] - Cash flow from financing activities generated a net amount of $21.94 million, a recovery from a negative $258.34 million in the prior period, indicating better financing conditions[41] Operating Costs and Expenses - Operating costs increased by 72.87% to ¥3,642,885,095.13, up from ¥2,107,284,108.69, primarily due to increased production and rising material prices[11] - R&D expenses rose by 50.35% to ¥145,182,973.09, compared to ¥96,562,788.89 in the previous year, reflecting increased investment in new product development[11] - The company reported a significant decrease in other income by 71.01% to ¥6,716,685.82, down from ¥23,169,955.85, mainly due to reduced government subsidies[11] - Investment income for the current period was ¥27,496,621.55, down 14.0% from ¥32,275,416.54 in the previous period[31] - Tax expenses for the current period were ¥34,560,828.61, down 26.0% from ¥46,617,528.57 in the previous period[34] Shareholder Information - The company’s total number of ordinary shareholders at the end of the reporting period was 56,601, with the largest shareholder holding 39.07% of the shares[16] - The company reported a total of 1,307,502,496.98 in undistributed profits[50] - Total equity attributable to shareholders reached 4,628,950,913.72, remaining unchanged[50] Government Subsidies and Contracts - The company received government subsidies amounting to ¥1,360,135.82 during the quarter, primarily for employment stabilization and talent rewards[7] - The company’s contract liabilities increased by 227.90% to ¥24,674,171.09, due to the new revenue recognition standards[8] Inventory and Prepayments - The company's inventory increased by 58.74% to ¥696,284,359.66, attributed to rising aluminum and alloy prices[8] - The company reported a 101.79% increase in prepayments to ¥120,251,306.70, mainly due to payments to suppliers for which invoices have not yet been received[8] Strategic Focus - The company is focusing on high-quality and sustainable development, targeting markets in the automotive, aerospace, and air conditioning industries[20] - The company aims to enhance its market position in downstream applications, particularly in new energy vehicles and lightweight automotive materials[20] - The company is actively advancing the construction of projects, including a 65,000-ton aluminum material project for new energy vehicles, with steady progress in equipment debugging and customer certification[20] Other Financial Information - The company adopted new leasing standards effective January 1, 2021, impacting financial reporting[50] - The third quarter report was not audited[51]