证券代码：002541 证券简称：鸿路钢构 安徽鸿路钢结构（集团）股份有限公司 2021 年 1 月 7 日投资者关系活动记录表 编号：T2021-004 | --- | --- | --- | |----------|---------------------------------|----------------------------------------------| | | ■ | 特定对象调研 □分析师会议 | | 投资者关 | □ 媒体采访 □业绩说明会 | | | 系活动类 | □ 新闻发布会 □路演活动 | | | 别 | □ 现场参观 | □ 电话调研 | | | □其他 | | | 参与单位 | | | | 名称及人 | | 广发证券尉凯旋、长江证券毕春晖、泓德基金程杰 | | | | | | 员姓名 | | | | 调研时间 | 2021 年 1 月 7 日下午 | 2：00-4：00 | | 地点 | 公司三楼会议室 | | | 上市公司 | | | | 接待人员 | 董事会秘书汪国胜 | | | 姓名 | | | | --- | --- | |----------|------ ...

证券代码：002541 证券简称：鸿路钢构 安徽鸿路钢结构（集团）股份有限公司 2021 年 1 月 4 日投资者关系活动记录表 编号：T2021-001 | --- | --- | --- | |----------|---------------------------------|-------------| | | ■ 特定对象调研 □分析师会议 | | | 投资者关 | □ 媒体采访 □业绩说明会 | | | 系活动类 | □ 新闻发布会 □路演活动 | | | 别 | □ 现场参观 | □ 电话调研 | | | □其他 | | | 参与单位 | | | | 名称及人 | 国盛证券何亚轩 | | | 员姓名 | | | | 调研时间 | 2021 年 1 月 4 日下午 | 2：00-5：00 | | 地点 | 董事会秘书办公室 | | | 上市公司 | | | | 接待人员 | 董事会秘书汪国胜 | | | 姓名 | | | | --- | --- | |----------|------------------------------------------------------------- ...

证券代码：002541 证券简称：鸿路钢构 安徽鸿路钢结构（集团）股份有限公司 2021 年 1 月 6 日投资者关系活动记录表 编号：T2021-003 | --- | --- | --- | |----------|---------------------------------|-------------| | | ■ 特定对象调研 □分析师会议 | | | 投资者关 | □ 媒体采访 □业绩说明会 | | | 系活动类 | □ 新闻发布会 □路演活动 | | | 别 | □ 现场参观 | □ 电话调研 | | | □其他 | | | 参与单位 | | | | 名称及人 | 兴业证券童彤 | | | 员姓名 | | | | 调研时间 | 2021 年 1 月 6 日下午 | 2：00-4：00 | | 地点 | 董事会秘书办公室 | | | 上市公司 | | | | 接待人员 | 董事会秘书汪国胜 | | | 姓名 | | | | --- | --- | |----------|-------------------------------------------------------------- ...

Financial Performance - The company's revenue for Q3 2022 reached ¥5,523,730,782.20, representing a 5.97% increase year-over-year[7] - Net profit attributable to shareholders was ¥362,841,872.31, up 12.37% compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was ¥318,929,274.54, showing a significant increase of 48.95% year-over-year[7] - Total operating revenue for the current period reached ¥14,424,812,185.27, an increase of 7.8% compared to ¥13,377,478,868.51 in the previous period[25] - Net profit for the current period was ¥873,897,727.91, compared to ¥824,016,747.25 in the previous period, representing a growth of 6.0%[31] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥20,535,058,739.95, reflecting a 4.90% increase from the end of the previous year[7] - The equity attributable to shareholders increased to ¥7,969,553,826.24, a rise of 9.61% compared to the end of last year[7] - Total liabilities increased to ¥12,565,504,913.71 from ¥12,305,374,780.67, indicating a rise of 2.1%[24] - Non-current liabilities rose to ¥4,205,082,479.63, compared to ¥3,780,759,508.84, marking an increase of 11.2%[24] - The total liabilities include short-term borrowings of ¥1,714,186,320.52, up from ¥1,675,786,581.13 at the start of the year[21] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥580,853,508.07, a substantial increase of 234.59% year-over-year[7] - The cash inflow from operating activities totaled CNY 17,398,462,647.84, an increase of 13.5% compared to CNY 15,332,762,960.72 in the previous period[32] - The net cash flow from operating activities was CNY 580,853,508.07, a significant recovery from a negative CNY 431,570,779.36 in the prior year[36] - Cash outflow for purchasing goods and services was CNY 12,554,119,900.48, up from CNY 11,805,799,058.81, indicating a 6.3% increase[36] - The net cash flow from investing activities was negative CNY 1,388,132,017.84, worsening from negative CNY 887,137,894.01 year-over-year[36] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,702[15] - The largest shareholder, Shang Xiaobo, holds 36.16% of the shares, totaling 249,519,764 shares[15] - The top ten shareholders include various funds and individuals, with the top four holding a combined 56.64% of the shares[15] - The company has a total of 0 preferred shareholders with voting rights restored[15] Operational Costs and Expenses - Total operating costs amounted to ¥13,498,617,832.79, up from ¥12,555,106,102.35, reflecting a year-over-year increase of 7.5%[29] - Research and development expenses for the current period were ¥333,417,189.03, a decrease from ¥364,558,494.31 in the previous period, indicating a reduction of 8.6%[29] - The company reported a significant increase in prepayments, which rose by 145.71% to ¥1,151,253,363.94 due to higher procurement payments[12] - The company experienced a 79.94% decrease in non-operating income, which fell to ¥3,602,898.19, mainly due to reduced government subsidies unrelated to daily operations[12] Cash and Cash Equivalents - The company's cash and cash equivalents as of September 30, 2022, amount to ¥1,215,240,990.32, a decrease from ¥2,113,928,216.80 at the beginning of the year[21] - The ending cash and cash equivalents balance was CNY 339,319,665.45, down from CNY 878,981,634.55, indicating a decrease of 61.4%[38] Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[30]

Financial Performance - The company reported a total revenue of 1.2 billion CNY for the first half of 2022, representing a year-on-year increase of 15%[24]. - The net profit attributable to shareholders was 150 million CNY, up 10% compared to the same period last year[24]. - The company's operating revenue for the reporting period was ¥8,901,081,403.07, representing a 9.02% increase compared to the same period last year[31]. - Net profit attributable to shareholders was ¥511,055,855.60, a 1.98% increase year-on-year[31]. - The company achieved operating revenue of 890.11 million yuan, an increase of 9.02% compared to the same period last year[60]. - The net profit attributable to shareholders was 51.11 million yuan, reflecting a growth of 1.98% year-on-year[60]. - The company reported a total revenue of approximately CNY 1,003.21 million for the first half of 2022, with a net profit of CNY 368.48 million, representing a year-on-year increase of 82.38% and 6.26% respectively[106]. Market Expansion and Strategy - The company plans to expand its market presence by entering three new provinces by the end of 2022[24]. - The company aims to achieve a revenue target of 2.5 billion CNY for the full year 2022, reflecting a growth rate of 12%[24]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge in the steel construction market[24]. - The company aims to expand its steel structure production capacity to 5 million tons by the end of 2022[46]. - The company has established ten production bases, with an expected capacity of 5 million tons per year by the end of 2022, laying a solid foundation for future development[116]. Research and Development - Research and development expenses increased by 20% to 50 million CNY, focusing on new steel structure technologies[24]. - The company is focusing on the development of prefabricated steel structure buildings, which are recognized for their high technical content and stable profits[43]. - The company has focused on technological research and development, collaborating with universities and research institutions to strengthen its manufacturing capabilities[63]. - Research and development expenses rose by 9.54% to ¥213,167,536.16, compared to ¥194,597,862.73 in the previous year[74]. Production and Efficiency - The company's steel structure production reached 1.5858 million tons, an increase of 2.46% compared to the same period last year[42]. - The company has enhanced its production efficiency and product profitability through significant management reforms, solidifying its position as a leader in the domestic steel structure manufacturing industry[61]. - The company has invested in advanced intelligent manufacturing technologies, including fully automated production lines and welding robots, to reduce production costs and improve product quality[64]. - The company has implemented a comprehensive BIM management system for all manufacturing projects, improving user management and installation efficiency[62]. Financial Health and Assets - The net cash flow from operating activities improved significantly to ¥255,351,428.27, a 142.80% increase from a negative cash flow in the previous year[31]. - Total assets increased by 3.03% to ¥20,168,419,382.81 compared to the end of the previous year[31]. - Cash and cash equivalents decreased to ¥1,669,791.63 (8.28% of total assets) from ¥2,113,928.21 (10.80% of total assets), a reduction of 2.52%[81]. - Accounts receivable decreased to ¥1,967,123.09 (9.75% of total assets) from ¥2,140,247.74 (10.93% of total assets), a reduction of 1.18%[81]. - Inventory increased to ¥7,864,276.32 (38.99% of total assets) from ¥7,500,187.07 (38.31% of total assets), an increase of 0.68%[81]. Risk Management - The company identified key risks including raw material price fluctuations and has implemented measures to mitigate these risks[5]. - The company is facing risks from fluctuations in raw material steel prices, which could impact operating profits if procurement is not managed effectively[111]. - The company has implemented strategies to mitigate labor cost increases and shortages by enhancing employee benefits and investing in smart manufacturing technologies[112]. Environmental Responsibility - The company is classified as a key pollutant discharge unit, with total emissions of 4.21 tons of particulate matter and 5.52 tons of xylene, both meeting the discharge standards[126]. - The company has established waste gas treatment facilities that comply with environmental regulations, utilizing "filter cotton + activated carbon adsorption" for paint mist purification[134]. - The company has not faced any significant environmental issues during the reporting period, reflecting its commitment to environmental management[144]. - The company’s pollution control measures have been effective, with all pollutants meeting regulatory discharge standards[137]. Corporate Governance - The company has not made any changes to its board of directors, supervisors, or senior management during the reporting period[119]. - The company has not encountered any significant changes in the feasibility of its projects during the reporting period[97]. - There were no major asset or equity sales during the reporting period, indicating stability in the company's asset management[101]. - The company has no major related party transactions during the reporting period[173].

Financial Performance - The company reported a total revenue of 1.2 billion CNY for the first half of 2022, representing a year-on-year increase of 15%[24]. - The net profit attributable to shareholders was 150 million CNY, up 10% compared to the same period last year[24]. - The company's operating revenue for the reporting period was ¥8,901,081,403.07, an increase of 9.02% compared to the same period last year[31]. - Net profit attributable to shareholders was ¥511,055,855.60, reflecting a growth of 1.98% year-on-year[31]. - The company achieved operating revenue of 890.11 million yuan, a year-on-year increase of 9.02%[60]. - Net profit attributable to shareholders was 51.11 million yuan, reflecting a growth of 1.98% compared to the previous year[60]. - The total value of new contracts signed reached approximately 12.78 billion yuan, an increase of 21.38% year-on-year, all of which were material orders[60]. - The company reported a total of 8,316 million yuan in revenue for the reporting period[169]. Production and Capacity Expansion - The company plans to expand its market presence by increasing production capacity by 20% in the next fiscal year[24]. - The company aims to enhance operational efficiency through the adoption of new technologies in production processes[24]. - The company's steel structure production reached 1.5858 million tons, up 2.46% from the same period last year[42]. - The company aims to expand its steel structure production capacity to 5 million tons by the end of 2022[46]. - The company has established ten production bases, with an expected capacity of 5 million tons per year by the end of 2022, laying a solid foundation for future growth[118]. Research and Development - The company has invested 50 million CNY in R&D for new product development, focusing on advanced steel structures[24]. - Research and development expenses rose by 9.54% to ¥213,167,536.16, up from ¥194,597,862.73, reflecting the company's commitment to innovation[73]. - The company has established a leading technology system for high-rise and low-rise prefabricated steel residential buildings, enhancing its competitive strength in innovative products[57]. Market Strategy and Competitive Position - The company is exploring potential mergers and acquisitions to enhance its competitive edge in the market[24]. - The company is positioned as the largest professional manufacturer of steel structures in China, with a strong competitive edge in heavy steel structures, prefabricated steel structures, and bridge steel structures[55]. - The company has established a competitive advantage through a complete range of related products, enhancing its market position as a one-stop shop for steel structures and associated products[66]. - The company has a strong focus on expanding its market presence and improving brand influence to counteract increasing competition in the steel structure manufacturing sector[115]. Risk Management - The management highlighted risks related to raw material price fluctuations and their mitigation strategies[5]. - The company is facing risks from fluctuations in steel prices, which could impact operating profits if procurement and contract management are not aligned effectively[113]. - The company has established a comprehensive risk management framework to address macroeconomic policy changes and their potential impact on business operations[111]. Environmental Responsibility - The company is classified as a key pollutant discharge unit, with total emissions of 4.21 tons of particulate matter and 5.52 tons of xylene, both meeting the discharge standards[128]. - The company has established waste gas treatment facilities using "filter cotton + activated carbon adsorption" for paint mist purification, ensuring compliance with environmental regulations[139]. - The company emphasizes strict adherence to environmental laws, including the Environmental Protection Law and the Air Pollution Prevention and Control Law of the People's Republic of China[145]. - The company has not faced any significant environmental issues during the reporting period, reflecting its commitment to environmental management[146]. Corporate Governance and Shareholder Engagement - The company held its first extraordinary general meeting of 2022 with a participation rate of 61.45% on February 11, 2022[121]. - The annual general meeting for 2021 had a participation rate of 64.86% on April 21, 2022[121]. - The company has not made any changes to its board of directors, supervisors, or senior management during the reporting period[121]. - The employee stock ownership plan includes 86 employees holding a total of 5,548,000 shares, representing 0.80% of the company's total equity[125]. Financial Management and Guarantees - The company provided guarantees totaling 12,000 for Anhui Hongxiang Building Materials Co., with an actual guarantee amount of 11,550.81, effective from March 4, 2022[181]. - The total approved guarantee amount for subsidiaries during the reporting period was 622.1 million, with actual guarantees amounting to 423.29 million[190]. - The actual guarantee total at the end of the reporting period was 388.27 million, representing 51.04% of the company's net assets[195].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 3,518,602,789.21, representing a 7.03% increase compared to CNY 3,287,599,046.76 in the same period last year[3]. - The net profit attributable to shareholders decreased by 8.26% to CNY 167,172,255.20 from CNY 182,215,738.20 year-on-year[3]. - Total operating revenue for the current period reached ¥3,518,602,789.21, an increase from ¥3,287,599,046.76 in the previous period[16]. - Net profit for the current period was ¥167,172,255.20, compared to ¥182,215,738.20 in the previous period, reflecting a decrease[17]. - Operating profit for the current period was ¥246,547,754.34, slightly up from ¥242,385,844.63 in the previous period[17]. Cash Flow - The net cash flow from operating activities improved significantly, with a net cash outflow of CNY -88,126,153.75, a 69.36% improvement from CNY -287,660,032.16 in the previous year[3]. - Cash flow from operating activities showed a net outflow of ¥88,126,153.75, an improvement from a net outflow of ¥287,660,032.16 in the previous period[20]. - The company reported a total cash inflow from operating activities of ¥5,044,819,756.79, compared to ¥4,353,568,654.71 in the previous period[20]. - Cash inflow from financing activities totaled CNY 1,014,000,000, an increase from CNY 818,000,000 in the previous year, representing a growth of 23.9%[21]. - Net cash flow from financing activities was CNY 348,182,252.67, significantly higher than CNY 70,823,901.90 in the same period last year[21]. - The company reported a cash outflow of CNY 665,817,747.33 from financing activities, compared to CNY 747,176,098.10 in the previous year, showing a reduction of 10.8%[21]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 19,327,594,236.11, down 1.27% from CNY 19,576,162,146.42 at the end of the previous year[3]. - Current assets decreased to CNY 12,578,235,873.73 from CNY 13,098,177,458.81, indicating a reduction of approximately 3.96%[11]. - Total liabilities amounted to CNY 11,889,619,475.58, down from CNY 12,305,374,780.67, a decrease of approximately 3.38%[12]. - The non-current assets totaled CNY 6,749,358,362.38, an increase from CNY 6,477,984,687.61, indicating a growth of approximately 4.19%[12]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,202[8]. - The largest shareholder, 商晓波, holds 36.97% of the shares, totaling 196,205,972 shares[8]. Research and Development - Research and development expenses decreased by 33.14% to CNY 69,187,220.28 from CNY 103,474,119.80 in the same period last year[5]. - Research and development expenses for the current period were ¥69,187,220.28, down from ¥103,474,119.80 in the previous period[16]. Other Financial Metrics - Basic earnings per share for the current period were ¥0.3150, down from ¥0.3479 in the previous period[18]. - The company recorded an investment loss of ¥7,493,460.51, worsening from a loss of ¥4,834,927.01 in the previous period[17]. - The company experienced a negative impact of CNY -91,681.87 from exchange rate fluctuations on cash and cash equivalents[21]. Audit Information - The company did not conduct an audit for the first quarter report[22].

Financial Performance - The company reported a total revenue of 5.31 billion CNY for the year 2021, representing a year-on-year increase of 15%[4] - The net profit attributable to shareholders was 530 million CNY, an increase of 20% compared to the previous year[4] - The company's operating revenue for 2021 was ¥19,514,809,939.10, representing a 45.08% increase from ¥13,450,925,914.72 in 2020[25] - The net profit attributable to shareholders for 2021 was ¥1,150,114,464.01, a 43.93% increase compared to ¥799,087,359.52 in 2020[25] - The company achieved operating revenue of CNY 1,951,480.99 million, a year-on-year increase of 45.08%[48] - The net profit attributable to shareholders was CNY 115,011.45 million, reflecting a growth of 43.93% compared to the previous year[48] - The total revenue for steel structure business reached CNY 18.70 billion, a 46.46% increase year-over-year[70] - The gross profit margin for steel structure business decreased by 1.75% to 9.41%[70] Dividend and Cash Flow - The company plans to distribute a cash dividend of 3.30 CNY per 10 shares, with a total distribution amounting to approximately 176 million CNY[4] - The net cash flow from operating activities was negative at -¥201,980,372.93, a decrease of 226.92% from ¥159,138,993.14 in 2020[25] - Operating cash inflow increased by 32.74% year-on-year to ¥21,435,061,750.52, mainly due to significant collections during the period[89] - Operating cash outflow increased by 35.32% year-on-year to ¥21,637,042,123.45, primarily due to higher procurement costs[89] - Net cash flow from investing activities decreased by 43.48% year-on-year to -¥1,606,497,785.91, attributed to higher fixed asset investments[90] Market Expansion and Strategy - The company aims to expand its market presence by increasing production capacity by 25% in the next fiscal year[4] - The company is targeting a revenue growth of 18% for the upcoming fiscal year, driven by new product launches[4] - The company anticipates significant growth in steel structure demand due to government policies promoting the use of steel structures in public buildings[38] - The company is planning to expand its market presence in Southeast Asia, targeting a 30% increase in sales from this region by 2023[152] - A strategic acquisition of a local competitor is anticipated to enhance production capacity by 40% and reduce operational costs by 15%[156] Research and Development - Research and development expenses increased by 10% year-on-year, focusing on new steel structure technologies[4] - Research and development investment for the year amounted to CNY 58,295.11 million, focusing on intelligent manufacturing equipment and technology[67] - The company is focusing on the research and development of prefabricated steel structure buildings, which are recognized by the government and the market[53] - The company has invested 100 million CNY in R&D for new technologies aimed at improving production efficiency and sustainability[153] Production and Capacity - The production volume of steel structure products reached approximately 338.67 million tons, up 35.15% from the previous year[48] - The company aims to achieve a production capacity of 5 million tons by the end of 2022, laying a solid foundation for long-term stable development[54] - The company’s production capacity reached approximately 4.2 million tons by the end of the reporting period, following a rational layout of production bases since 2016[67] - The company has established 10 major production bases, enhancing its competitive position in the steel structure manufacturing industry[55] Risk Management - The company has identified potential risks related to raw material price fluctuations and is developing strategies to mitigate these risks[4] - The company recognizes the potential risks associated with macroeconomic policy changes and raw material price fluctuations[138] - The company faces risks related to raw material price fluctuations, which can impact operating profits due to the weighted average method used for cost allocation[145] Governance and Management - The company has maintained its core business without any changes since its listing[23] - The company has established a performance evaluation system for senior management to determine remuneration based on operational performance and assessment indicators[181] - The governance structure complies with relevant laws and regulations, ensuring that all shareholders, especially minority shareholders, can exercise their rights[162] - The company has developed a robust internal control system to ensure compliance and effective supervision of management actions[162] Employee and Talent Management - Labor costs have been rising, and the company is addressing labor shortages by enhancing its competitive compensation system and increasing automation in manufacturing[145] - The company is actively training welding talents internally to meet its operational needs[145] - The company aims to increase its workforce by 20% to support the anticipated growth and expansion plans[155] Customer and Sales Performance - User data indicates a 30% increase in customer inquiries and orders in the last quarter of 2021[4] - The total value of new contracts signed during the reporting period was approximately CNY 228.32 billion, an increase of 31.46% year-on-year, all of which were material orders[48] - The sales volume of steel products increased by 28.69% to 3,179,624.61 tons compared to the previous year[73] Subsidiaries and Acquisitions - The company established several wholly-owned subsidiaries to support its development strategy[130] - The company has engaged in the research and development of new building materials, indicating a focus on innovation and market expansion[125] - The company has recently disposed of two subsidiaries, Huanggang Hongbo Steel Structure Co., Ltd. and Huanggang Hongjun Steel Structure Co., Ltd., which had no operational impact during the reporting period[126]

Financial Performance - The company's operating revenue for Q3 2021 was ¥5,212,551,491.19, representing a 15.85% increase compared to the same period last year[3]. - The net profit attributable to shareholders for the same period was ¥322,894,035.14, a 3.17% increase year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥214,123,501.03, up 2.74% from the previous year[3]. - The total profit for the first nine months of 2021 was ¥1,069,239,268.88, a 64.09% increase compared to the same period in 2020[8]. - The company reported a 40.67% increase in operating revenue for the first nine months, totaling ¥13,377,478,868.51[7]. - Total operating revenue for the period reached ¥13,377,478,868.51, a significant increase of 40.5% compared to ¥9,509,911,659.90 in the previous period[21]. - Net profit for the period was ¥824,016,747.25, representing a 64.1% increase from ¥502,088,158.06 in the same period last year[22]. - Earnings per share (EPS) increased to ¥1.5683 from ¥0.9587, reflecting strong profitability growth[23]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥18,500,535,036.93, reflecting a 14.15% increase from the end of the previous year[3]. - The company's total assets as of September 30, 2021, amounted to ¥18,500,535,036.93, an increase from ¥16,207,311,756.83 at the end of 2020[15]. - Current assets totaled ¥12,580,243,274.13, up from ¥10,832,774,373.28 year-over-year[15]. - Total liabilities reached ¥11,561,589,919.75, compared to ¥10,229,334,580.91 in the previous year[17]. - Short-term borrowings decreased to ¥1,420,905,882.18 from ¥1,939,481,223.31, a reduction of about 26.7%[17]. - Long-term borrowings increased significantly to ¥1,567,235,673.61 from ¥496,543,459.28, indicating a rise of approximately 216.5%[17]. - The company's total equity attributable to shareholders increased by 16.08% to ¥6,938,945,117.18 at the end of the reporting period[3]. - The total liabilities and equity reached ¥18,500,535,036.93, compared to ¥16,207,311,756.83 in the previous year, reflecting growth in the company's financial structure[18]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥431,570,779.36, a decline of 267.40% compared to the previous year[8]. - Cash flow from operating activities was ¥13,438,791,438.71, compared to ¥10,189,156,625.53 in the previous period, indicating improved cash generation[24]. - Operating cash inflow totaled CNY 15.33 billion, up from CNY 11.50 billion year-over-year, representing a 33.5% increase[25]. - Operating cash outflow amounted to CNY 15.76 billion, compared to CNY 11.24 billion in the previous year, reflecting a 40.4% increase[25]. - Net cash flow from operating activities was negative CNY 431.57 million, a decline from a positive CNY 257.80 million in the same period last year[25]. - Cash inflow from financing activities reached CNY 2.57 billion, an increase from CNY 2.44 billion year-over-year, marking a 5.1% rise[26]. - Net cash flow from financing activities was CNY 487.17 million, down from CNY 538.29 million in the previous year, indicating a decrease of 9.5%[26]. - Cash and cash equivalents at the end of the period stood at CNY 878.98 million, compared to CNY 525.52 million at the end of the previous year, showing a 67.2% increase[26]. - Total cash outflow for investment activities was CNY 901.08 million, up from CNY 733.16 million year-over-year, representing a 22.9% increase[25]. - Net cash flow from investment activities was negative CNY 887.14 million, worsening from negative CNY 661.91 million in the same period last year[25]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 17,983[9]. - The largest shareholder, Shang Xiaobo, holds 36.97% of shares, totaling 196,205,972 shares[9]. - The number of shares held by the top ten shareholders reflects a concentrated ownership structure, with the top two shareholders holding over 47.78% combined[9]. Research and Development - Research and development expenses increased by 114.30% to ¥364,558,494.31, indicating a significant investment in innovation[7]. - Research and development expenses increased to ¥364,558,494.31, a rise of 114.3% from ¥170,113,367.18 in the previous period, highlighting a focus on innovation[21]. Other Financial Information - The company reported a financial expense of ¥107,840,127.91, which is an increase from ¥59,604,880.92 in the prior period, indicating higher borrowing costs[21]. - The company recorded a significant increase in other income to ¥235,221,996.21 from ¥129,341,745.62, contributing positively to overall profitability[22]. - The third-quarter report was not audited[27]. - The company did not adjust the balance sheet items at the beginning of the year due to the new leasing standards[27].

Financial Performance - The company reported a total revenue of 1.2 billion CNY for the first half of 2021, representing a year-on-year increase of 15%[19]. - The net profit attributable to shareholders reached 150 million CNY, up 20% compared to the same period last year[19]. - The company's operating revenue for the first half of 2021 was ¥8,164,927,377.32, representing a 62.96% increase compared to ¥5,010,535,647.78 in the same period last year[25]. - Net profit attributable to shareholders was ¥501,122,712.11, a significant increase of 164.98% from ¥189,114,564.33 year-on-year[25]. - The basic earnings per share rose to ¥0.9569, up 165.00% from ¥0.3611 in the previous year[25]. - The total revenue from the steel structure business was ¥7,690,983,700.69, accounting for 94.20% of total operating revenue[66]. - The company reported a significant increase in sales, with a total of 126,961.31 million CNY in sales returns during the reporting period[139]. Market Expansion and Strategy - The company plans to expand its market presence by entering three new provinces in the next fiscal year[19]. - Future guidance estimates a revenue growth of 12% for the second half of 2021, driven by increased project completions[19]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge in the steel construction sector[19]. - The company aims to achieve an annual production capacity of 5 million tons by the end of 2022, positioning itself as the largest steel structure manufacturer in China[51]. - The company is focusing on expanding its market presence through strategic acquisitions and the development of new technologies in building materials[88]. - The company aims to increase its market share by 10% over the next fiscal year through strategic partnerships and enhanced service offerings[162]. Research and Development - Research and development expenses increased by 10% to 80 million CNY, focusing on new steel structure technologies[19]. - The company has increased its investment in green building materials, enhancing its product line and competitiveness[36]. - Research and development investment increased significantly by 145.48% to ¥194,597,862.73, up from ¥79,271,288.81 in the previous year[64]. - The company holds over 400 patents in steel structure technology, demonstrating its strong research and development capabilities[59]. - Investment in R&D for new technologies is expected to drive future growth, with a budget allocation of 5 million yuan for 2021[162]. Production and Operations - The company's steel structure production reached 1,547,700 tons, an increase of 62.49% compared to the previous year[36]. - The company is focusing on the development of prefabricated steel structure buildings, which are recognized for their high technical content and stable profits[36]. - The assembly rate of the company's prefabricated steel structure residential systems can reach 90%, significantly improving installation speed and cost efficiency[59]. - The company has established ten production bases across China, enhancing its ability to respond quickly to large engineering projects and reducing procurement costs[54]. - The company has implemented a centralized management system across its production bases, enhancing operational efficiency and cost control[58]. Financial Position and Cash Flow - The total assets of the company as of June 30, 2021, amounted to 3.5 billion CNY, a 5% increase from the end of 2020[19]. - The net cash flow from operating activities was negative at -¥596,672,233.86, a decline of 466.58% compared to the previous year[25]. - Cash and cash equivalents at the end of the reporting period amounted to ¥1,661,534,918.85, representing 10.23% of total assets, a decrease of 5.59% from the previous year[70]. - Accounts receivable stood at ¥1,548,579,714.89, accounting for 9.53% of total assets, with a negligible change of -0.02% compared to the previous year[70]. - Inventory increased to ¥6,219,843,352.32, making up 38.30% of total assets, reflecting a rise of 2.86% year-on-year[70]. Environmental and Social Responsibility - The company has implemented environmental protection measures, achieving compliance with pollution discharge standards for various pollutants[107]. - The company has obtained pollution discharge permits for its operations, ensuring adherence to environmental regulations[108]. - The company donated 430,000 RMB to social welfare activities in the first half of 2021, reflecting its commitment to social responsibility[117]. - The company emphasizes environmental protection and sustainable development, implementing ISO14001 environmental management systems and promoting energy-saving initiatives[117]. Risks and Challenges - The company identified risks related to raw material price fluctuations and has implemented strategies to mitigate these risks[5]. - The fluctuation in steel prices poses a risk to the company's profitability, as steel is a primary raw material for its products[90]. - Labor costs have increased due to labor shortages, prompting the company to enhance its competitive compensation system and improve product automation to reduce workforce needs[92]. - The steel structure manufacturing industry is experiencing intense competition with thousands of small enterprises, which may impact the company's market share and profitability if cost control and brand influence are not effectively managed[93]. Corporate Governance and Compliance - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties during the reporting period[121]. - The company has not conducted any external guarantees that violate regulations during the reporting period[122]. - The company reported no significant litigation or arbitration matters during the reporting period[126]. - The company has maintained a clean integrity status with no issues reported for the controlling shareholders or actual controllers[126]. - The company has not reported any non-standard audit reports for the current or previous fiscal year[126].