证券代码：002613 证券简称：北玻股份 编号：[2016]第 01 号 参与单位名称及 兴业证券高级分析师李华丰、助理分析师沈玉梁。 人员姓名 洛阳北方玻璃技术股份有限公司 投资者关系活动记录表 | --- | --- | --- | |----------------|------------------------|--------------------------| | | | | | 投资者关系活动 | √ | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | □ 其他 | | --- | --- | |----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：002613 证券简称：北玻股份 洛阳北方玻璃技术股份有限公司 投资者关系活动记录表 编号：202001 | --- | --- | --- | --- | --- | |----------------------|------------------------------------|-------|-------|-------| | | | | | | | 投资者关系活动类别 | □ √ 特定对象调研□分析师会议 | | | | | | □ 媒体采访□业绩说明会 | | | | | | □ 新闻发布会□路演活动 | | | | | | □ 现场参观 | | | | | | 其他（ ） | | | | | 参与单位名称及人员 | 交通银行施罗德基金研究员 | | | | | 时间 | 2020 年 6 月 4 日 | | | | | 地点 | 公司会议室 | | | | | 上市公司接待人员姓名 | 董事、副总经理、董秘雷敏，证代王鑫 | | | | | 主要内容 | | | | | 1、公司的基本情况： 公司 1995 年 5 月 18 日，由董事长高学明先生在洛阳国家高新开发区发起创立， ...

证券代码：002613 证券简称：北玻股份 洛阳北方玻璃技术股份有限公司 投资者关系活动记录表 编号：202002 | --- | --- | --- | |-------------------------|-------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：002613 证券简称：北玻股份 编号：2019-08 投资者关系活动类别 □√特定对象调研□分析师会议 □媒体采访□业绩说明会 □新闻发布会□路演活动 □现场参观 其他（ ） | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | 主要内容 | | 公司的基本情况：公司 1995 年 5 月 18 日，由董事长高学明先生在洛阳国家高新开发区 | | 发起创立，是从事玻璃深加工设备和玻璃 ...

证券代码：002613 证券简称：北玻股份 洛阳北方玻璃技术股份有限公司 投资者关系活动记录表 编号：[2018]第 01 号 | --- | --- | --- | |----------------|--------------------------|-----------------------------------------------------------------------------------------------| | | □ | 特定对象调研 □分析师会议 | | 投资者关系 | □ 媒体采访 ■业绩说明会 | | | 活动类别 | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | □ 其他 | | 参与单位名称 | 投资者 | | | 及人员姓名 | | | | 时 间 | 2018 年 4 月 26 | 日 | | 地 点 | 网上业绩说明会平台 | | | | 董事长：高学明 | | | 上市公司 | 副董事长、总经理：高理 | | | | | | | 接待人员 | 董事、董事会秘书：常海明 | | | 姓 名 | 财务总监：夏冰 | | | | 独立董事： ...

[Major Financial Data](index=2&type=section&id=%E4%B8%80%E3%80%81%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) [Key Accounting Data and Financial Indicators](index=2&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In the first three quarters of 2022, the company's operating revenue increased by 7.04% and net profit attributable to shareholders grew by 38.53%, indicating an overall positive trend, though third-quarter net profit attributable to shareholders declined by 46.05% year-on-year, signaling quarterly profitability volatility Key Accounting Data and Financial Indicators | Indicator | Current Period (Q3) (RMB) | Year-to-Date (YTD) (RMB) | YTD YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 414.06 million | 1.143 billion | 7.04% | | Net Profit Attributable to Shareholders | 5.11 million | 28.86 million | 38.53% | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Gains/Losses) | 2.18 million | 19.66 million | 82.50% | | Net Cash Flow from Operating Activities | — | -8.60 million | -125.99% | | Basic Earnings Per Share (RMB/share) | 0.0055 | 0.0308 | 38.74% | | Total Assets | 2.334 billion | 2.334 billion | -6.57% (vs. end of prior year) | | Total Equity Attributable to Shareholders | 1.560 billion | 1.560 billion | 1.80% (vs. end of prior year) | [Non-Recurring Gains and Losses and Amounts](index=2&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%20%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) In the first three quarters of 2022, the company's non-recurring gains and losses totaled RMB 9.19 million, positively contributing to net profit, primarily from government grants (RMB 3.18 million) and fair value changes and investment income from financial assets (RMB 6.38 million) Non-Recurring Gains and Losses | Item | Year-to-Date Amount (RMB) | | :--- | :--- | | Government Grants Included in Current Profit/Loss | 3.18 million | | Fair Value Changes and Investment Income from Trading Financial Assets/Liabilities | 6.38 million | | Reversal of Impairment Provisions for Accounts Receivable Subject to Separate Impairment Testing | 1.13 million | | **Total** | **9.19 million** | [Analysis of Major Financial Indicator Changes](index=3&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%20%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) During the reporting period, the company's asset-liability structure, profitability, and cash flow significantly changed, with construction in progress substantially increasing due to new investments, financial expenses decreasing due to exchange gains, and operating cash flow turning negative due to reduced advance receipts, indicating cash pressure [Balance Sheet Item Change Analysis](index=3&type=section&id=%E4%B8%89.1%20%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) Major changes in the balance sheet from the beginning to the end of the period include a 114.76% increase in construction in progress due to new machinery and equipment investment, a 42.58% increase in intangible assets from land use rights acquisition, and significant decreases in notes receivable and notes payable due to maturity or reduced issuance - Construction in progress increased by **114.76%** from the beginning of the period, primarily due to increased investment in new machinery and equipment[9](index=9&type=chunk) - Intangible assets increased by **42.58%** from the beginning of the period, due to the transfer of purchased land use rights into intangible assets[9](index=9&type=chunk) - Notes receivable decreased by **94.27%** from the beginning of the period, primarily due to the maturity of pledged bank acceptance bills during the reporting period[9](index=9&type=chunk) - Notes payable decreased by **58.83%** from the beginning of the period, primarily due to a reduction in bank acceptance bills issued compared to the previous period[9](index=9&type=chunk) [Income Statement Item Change Analysis](index=3&type=section&id=%E4%B8%89.2%20%E5%88%A9%E6%B6%B6%E8%A1%A8) Net profit increased by 41.47% year-on-year in the first three quarters, mainly driven by increased operating revenue and improved gross margin, while financial expenses significantly decreased by 61.36% year-on-year due to increased exchange gains, and selling expenses increased by 37.27% year-on-year due to higher salaries and advertising fees - Net profit increased by **41.47%** year-on-year, primarily due to increased operating revenue and improved gross margin during the reporting period, enhancing profitability[10](index=10&type=chunk) - Financial expenses decreased by **61.36%** year-on-year, primarily due to increased exchange gains during the reporting period[10](index=10&type=chunk) - Selling expenses increased by **37.27%** year-on-year, primarily due to increased salaries and advertising expenses during the reporting period[10](index=10&type=chunk) - Credit impairment losses decreased by **92.10%** year-on-year, primarily due to an increase in the collection of long-aged accounts receivable during the reporting period[10](index=10&type=chunk) [Cash Flow Statement Item Change Analysis](index=4&type=section&id=%E4%B8%89.3%20%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) Net cash flow from operating activities decreased by 125.99% year-on-year to RMB -8.60 million, primarily due to a decrease in advance receipts compared to the previous year, while net cash flow from investing activities significantly decreased by 1,581.63% due to reduced cash recovered from investments, leading to a 835.01% year-on-year decrease in net increase in cash and cash equivalents, indicating tight cash flow - Net cash flow from operating activities decreased by **125.99%** year-on-year, primarily due to a decrease in advance receipts during the reporting period compared to the previous year[14](index=14&type=chunk) - Net cash flow from investing activities decreased by **1,581.63%** year-on-year, due to a reduction in cash recovered from investments during the reporting period[14](index=14&type=chunk) - Net increase in cash and cash equivalents decreased by **835.01%** year-on-year, primarily due to reduced net cash flow from operating and investing activities[15](index=15&type=chunk) [Shareholder Information](index=4&type=section&id=%E4%BA%8C%E3%80%81%E8%82%A1%E4%B8%9C%E4%BF%A1%E6%81%AF) [Common Shareholder Holdings](index=4&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%92%8C%E8%A1%A8%E5%86%B3%E6%9D%83%E6%81%A2%E5%A4%8D%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of the end of the reporting period, the company had 74,703 common shareholders, with a highly concentrated equity structure where the top three shareholders, Gao Xueming, Feng Jinjun, and Gao Xuelin, acting in concert, collectively hold 56.27% of shares, exercising absolute control over the company - The total number of common shareholders at the end of the reporting period was **74,703 accounts**[17](index=17&type=chunk) Top Ten Shareholders' Holdings | Shareholder Name | Holding Percentage | Number of Shares Held | | :--- | :--- | :--- | | Gao Xueming | 48.08% | 450,578,625 | | Feng Jinjun | 4.81% | 45,081,991 | | Gao Xuelin | 3.38% | 31,642,659 | - The top three shareholders, Gao Xueming, Feng Jinjun, and Gao Xuelin, are parties acting in concert[18](index=18&type=chunk) [Other Significant Matters](index=5&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) [Production and Operations](index=5&type=section&id=1%E3%80%81%E7%94%9F%E4%BA%A7%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5) In the first three quarters, the company achieved RMB 1.143 billion in revenue, with steady development in its main businesses of glass deep processing equipment and deep-processed glass products, accounting for 52% and 34% of total revenue respectively, and new orders for high-capacity tempering equipment for photovoltaic glass production exceeding 30 units/sets, indicating successful business expansion in the new energy sector Business Segments Revenue | Business Segment | Q1-Q3 Operating Revenue (RMB 100 million) | Proportion of Total Revenue | | :--- | :--- | :--- | | Glass Deep Processing Tempering Equipment | 5.95 | 52% | | Deep Processed Glass Products | 3.94 | 34% | - The company's independently developed and produced high-capacity ultra-long continuous glass tempering production equipment, applicable to photovoltaic glass production, received over **30 new orders** (units/sets) in the first three quarters[19](index=19&type=chunk) - Deep-processed glass products are applied in renowned domestic and international buildings such as the **Huawei Flagship Store in Bantian, Shenzhen**, and the **Jing'an District Archives in Shanghai**[19](index=19&type=chunk) [Major Investments and Subsidiary Establishment](index=5&type=section&id=2%E3%80%81%E9%87%8D%E5%A4%A7%E6%8A%95%E8%B5%84%E4%B8%8E%E5%AD%90%E5%85%AC%E5%8F%B8%E8%AE%BE%E7%AB%8B) During the reporting period, the company actively promoted capacity expansion and industrial layout optimization by establishing multiple wholly-owned subsidiaries and investing in the "NorthGlass Automation Intelligent High-End Equipment Industrial Park" and "NorthGlass High-End Energy-Saving Glass Project," laying a foundation for medium-to-long-term development, while also transferring some equity in associate companies through related party transactions to optimize its industrial structure - The company, through its subsidiary, obtained the **"Real Estate Title Certificate"** for all **509 mu** of industrial land for the **"NorthGlass Automation Intelligent High-End Equipment Industrial Park"** project, which is actively under construction, with the first phase expected to be operational in **2023**[20](index=20&type=chunk)[21](index=21&type=chunk) - The company established new wholly-owned subsidiaries, **Luoyang NorthGlass High-End Glass Industry Co., Ltd.**, **Luoyang NorthGlass Technology Equipment Co., Ltd.**, and a wholly-owned subsidiary of **Shanghai NorthGlass**, to support the R&D, production, and sales of high-end energy-saving glass projects and glass deep processing equipment[21](index=21&type=chunk)[22](index=22&type=chunk) - To enhance asset liquidity and optimize its industrial structure, the company transferred its property shares and related equity in **Beijing Lianxun NorthGlass Investment Management Partnership** to its controlling shareholder[23](index=23&type=chunk) [Quarterly Financial Statements](index=6&type=section&id=%E5%9B%9B%E3%80%81%E5%AD%A3%E5%BA%A6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) [Consolidated Balance Sheet](index=6&type=section&id=1%E3%80%81%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of September 30, 2022, the company's total assets were RMB 2.334 billion, a 6.57% decrease from the beginning of the year, with significant increases in construction in progress and intangible assets due to new industrial park investments, while monetary funds and notes receivable decreased; total liabilities were RMB 678.91 million, and the asset-liability ratio decreased from 35.0% at the beginning of the year to 29.1%, indicating reduced financial leverage Consolidated Balance Sheet | Item | Sep 30, 2022 (RMB) | Jan 1, 2022 (RMB) | Change | | :--- | :--- | :--- | :--- | | **Total Assets** | **2.334 billion** | **2.498 billion** | **-6.57%** | | Monetary Funds | 377.94 million | 451.17 million | -16.23% | | Construction in Progress | 140.97 million | 65.64 million | 114.76% | | Intangible Assets | 203.98 million | 143.06 million | 42.58% | | **Total Liabilities** | **678.91 million** | **874.35 million** | **-22.35%** | | **Total Equity Attributable to Parent Company Shareholders** | **1.560 billion** | **1.532 billion** | **1.80%** | [Consolidated Income Statement (Year-to-Date)](index=8&type=section&id=2%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E5%88%A9%E6%B6%B5%E8%A1%A8) In the first three quarters of 2022, the company achieved operating revenue of RMB 1.143 billion, a 7.04% year-on-year increase, and net profit attributable to parent company shareholders of RMB 28.86 million, a 38.53% year-on-year increase, with profit growth primarily driven by revenue growth, improved gross margin, and exchange gains (reflected in reduced financial expenses), while R&D expenses increased by 17.05%, indicating continued investment in technological innovation Consolidated Income Statement (Year-to-Date) | Item | Current Period (YTD) (RMB) | Prior Period (YTD) (RMB) | Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1.143 billion | 1.068 billion | 7.04% | | Operating Cost | 918.41 million | 883.19 million | 4.00% | | R&D Expenses | 74.49 million | 63.64 million | 17.05% | | Financial Expenses | -12.82 million | -7.94 million | -61.36% | | Total Profit | 36.39 million | 29.97 million | 21.42% | | Net Profit Attributable to Parent Company Shareholders | 28.86 million | 20.83 million | 38.53% | [Consolidated Cash Flow Statement (Year-to-Date)](index=10&type=section&id=3%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E7%8E%B0%E9%87%91%E6%B5%81%E8%A1%A8) In the first three quarters of 2022, the company's cash flow significantly deteriorated, with net cash flow from operating activities at RMB -8.60 million, a 125.99% year-on-year decrease from a net inflow of RMB 33.08 million in the prior year, and net cash flows from investing and financing activities also being net outflows, resulting in a RMB 48.43 million decrease in cash and cash equivalents at period-end Consolidated Cash Flow Statement (Year-to-Date) | Item | Current Period (YTD) (RMB) | Prior Period (YTD) (RMB) | Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -8.60 million | 33.08 million | -125.99% | | Net Cash Flow from Investing Activities | -44.49 million | -2.65 million | -1581.63% | | Net Cash Flow from Financing Activities | -1.01 million | -34.28 million | 97.04% | | Net Increase in Cash and Cash Equivalents | -48.43 million | -5.18 million | -835.01% | [Audit Opinion](index=12&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%20%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) This quarterly financial report is unaudited - The company's third-quarter report is **unaudited**[34](index=34&type=chunk)

Financial Performance - The company's operating revenue for the first half of 2022 was approximately CNY 729.35 million, representing a 3.91% increase compared to CNY 701.89 million in the same period last year[19]. - The net profit attributable to shareholders increased by 109.04% to approximately CNY 23.75 million, up from CNY 11.36 million in the previous year[19]. - The net profit after deducting non-recurring gains and losses rose by 128.09% to approximately CNY 17.48 million, compared to CNY 7.66 million in the same period last year[19]. - The basic earnings per share increased by 109.09% to CNY 0.0253, up from CNY 0.0121 in the previous year[19]. - The total revenue for the reporting period was ¥729,347,900.99, representing a year-over-year increase of 3.91% compared to ¥701,888,451.22 in the same period last year[53]. - The total operating revenue for the first half of 2022 was CNY 729,347,900.99, an increase from CNY 701,888,451.22 in the same period of 2021, representing a growth of approximately 3.3%[160]. - The net profit for the first half of 2022 was CNY 28,554,220.67, significantly higher than CNY 10,404,122.04 in the same period of 2021, reflecting an increase of approximately 174.5%[161]. - The total revenue for the first half of 2022 was approximately 1.304 billion yuan, showing a significant increase compared to the previous year[181]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 2.38 billion, a decrease of 4.71% from CNY 2.50 billion at the end of the previous year[19]. - The company's total assets decreased to CNY 1,655,522,000.24 in the first half of 2022 from CNY 1,723,701,113.53 in the same period of 2021, a decline of approximately 3.9%[158]. - Total liabilities decreased from CNY 874,354,171.23 to CNY 729,722,213.94, a reduction of approximately 16.5%[154]. - The total liabilities decreased to CNY 350,583,303.46 in the first half of 2022 from CNY 427,387,458.19 in the same period of 2021, representing a reduction of about 17.9%[158]. Cash Flow - The net cash flow from operating activities was negative at approximately CNY -34.23 million, a decline of 169.71% compared to CNY 49.11 million in the same period last year[19]. - The company's cash flow from operating activities decreased significantly by 169.71%, resulting in a net cash flow of -¥34,231,059.36 compared to ¥49,106,323.51 in the same period last year[53]. - The cash flow from financing activities resulted in a net outflow of -32,800,950.00 CNY, primarily due to dividend payments[170]. - The company experienced a net decrease in cash and cash equivalents of -37,390,744.20 CNY during the reporting period[170]. Research and Development - The company has a strong focus on R&D, with plans to develop a new generation of A-series tempering equipment to improve energy efficiency and production capabilities[33]. - Research and development expenses increased by 27.32% to ¥43,723,327.52 from ¥34,341,550.11 in the previous year[53]. - The company has been focusing on research and development in glass deep processing technology, enhancing its competitive edge in the market[184]. Market Position and Products - The company achieved revenue of 378 million CNY from glass tempering equipment, accounting for 51.76% of total revenue during the reporting period[33]. - The company has developed over 300 product categories, primarily focusing on glass deep processing equipment and deep-processed glass products[32]. - The company’s glass tempering equipment market share ranks among the top globally, with over 5,000 units operating worldwide, covering more than 110 countries and regions[29]. - The company’s deep-processed glass products are widely used in notable buildings, including Beijing Daxing International Airport and the National Stadium (Bird's Nest)[30]. Environmental Compliance - The company strictly adheres to various environmental protection laws and standards during its production operations, including the Air Pollution Prevention and Control Law and the Water Pollution Prevention and Control Law[80]. - The company has implemented strict measures to ensure that all emissions are within the limits set by national and local regulations[80]. - The company has not faced any administrative penalties from environmental protection departments during the reporting period[93]. Corporate Governance and Shareholder Relations - The company has established a robust governance structure to protect shareholder and investor rights, ensuring accurate and timely information disclosure[95]. - The company has implemented a salary incentive system and ongoing training programs to enhance employee skills and protect their rights[95]. - The company has no non-operating fund occupation by controlling shareholders or related parties[101]. Future Outlook - The company plans to enhance operational quality and core competitiveness through management improvements, technological innovation, and brand building[72]. - The company aims to reduce production costs and increase revenue by expanding sales channels and improving automation levels[72]. - The company is focusing on expanding its market presence and enhancing product development, although specific figures were not disclosed in the report[173].

Group 1: Event Details - The company will participate in the "Sincere Communication, Delivering Value" online investor reception day on May 30, 2022, from 15:30 to 17:00 [2] - The event will be held remotely via the "Panorama Roadshow" platform [2] - Investors can join the interaction by logging into the provided website [2] Group 2: Participants - Attendees include Chairman Gao Xue Ming, Deputy General Manager Lei Min, Chief Financial Officer Xia Bing, and Board Secretary Wang Xin [2] - Participation may be adjusted due to special circumstances [2] Group 3: Company Assurance - The company and its board members guarantee that the information provided is true, accurate, and complete, with no false records or misleading statements [2]

Financial Performance - The company's revenue for Q1 2022 was CNY 382,169,834.60, representing a 31.79% increase compared to CNY 289,980,580.30 in the same period last year[3] - Net profit attributable to shareholders reached CNY 14,340,225.57, a significant increase of 640.93% from CNY 1,935,428.07 year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY 11,150,408.85, up 578.55% from a loss of CNY 2,330,026.38 in the previous year[3] - Basic and diluted earnings per share increased to CNY 0.0153, reflecting a growth of 628.57% compared to CNY 0.0021 in the same quarter last year[3] - The company reported a 755.23% increase in operating profit, driven by higher revenue and improved profitability in core business operations[8] - The net profit for Q1 2022 reached CNY 18,066,190.19, compared to CNY 1,534,421.18 in Q1 2021, marking a significant increase of 1,076.5%[21] - The operating profit for Q1 2022 was CNY 20,542,318.94, compared to CNY 2,401,972.61 in Q1 2021, indicating a growth of 754.5%[20] Cash Flow and Liquidity - The company's operating cash flow showed a net outflow of CNY -1,934,611.09, a decline of 108.60% from a positive cash flow of CNY 22,507,669.56 in the previous year[3] - The cash flow from operating activities for Q1 2022 was negative at CNY -1,934,611.09, a decline from CNY 22,507,669.56 in Q1 2021[23] - The net cash flow from operating activities decreased by 108.60% compared to the same period last year, mainly due to increased cash payments for goods and services[11] - Cash received from tax refunds decreased by 80.25% compared to the same period last year, mainly due to export shipment delays caused by the pandemic[11] - Cash received from other operating activities increased by 182.11% year-on-year, primarily due to an increase in deposits received during the reporting period[11] - The cash inflow from investment activities increased by 473.82% year-on-year, mainly due to an increase in cash received from investment recoveries[11] - The net cash flow from investment activities was -1,382,830.12 CNY, compared to -64,834,317.03 CNY in the previous year[25] - The net increase in cash and cash equivalents was -4,211,320.63 CNY, down from -42,596,894.97 CNY year-over-year[25] - The ending balance of cash and cash equivalents was 366,857,151.34 CNY, compared to 394,281,725.19 CNY at the end of the previous year[25] Expenses and Costs - Research and development expenses surged by 128.44% year-on-year, indicating increased investment in R&D projects[8] - The total operating costs for Q1 2022 were CNY 366,178,775.68, up from CNY 291,217,167.81 in the same period last year, reflecting a growth of 25.7%[20] - Cash paid for various taxes increased by 550.12% year-on-year, attributed to revenue growth and increased value-added tax and additional taxes[11] - Research and development expenses for Q1 2022 amounted to CNY 21,251,969.56, which is a substantial increase of 128.5% from CNY 9,303,230.36 in Q1 2021[20] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,476,081,327.33, a slight decrease of 0.87% from CNY 2,497,773,773.79 at the end of the previous year[3] - The total liabilities as of the end of Q1 2022 were CNY 834,595,534.58, down from CNY 874,354,171.23 at the end of Q1 2021[19] - The total liabilities include accounts payable of CNY 303,477,385.38, an increase from CNY 257,516,791.50 at the beginning of the year[17] - The company’s inventory at the end of the reporting period was CNY 488,230,942.35, up from CNY 471,152,002.20 at the beginning of the year[17] - The total equity attributable to shareholders of the parent company was CNY 1,546,834,549.15, an increase from CNY 1,532,494,323.58 in the previous year[19] Other Information - The total number of common shareholders at the end of the reporting period is 103,999[11] - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[26] - The cash flow from financing activities was not reported in detail, indicating a potential area for future focus[25] - Other income increased by 113.66% year-on-year, primarily due to a rise in government subsidies received[8]

Financial Performance - The company's operating revenue for 2021 was CNY 1,699,049,058.97, representing a 59.48% increase compared to CNY 1,065,336,556.88 in 2020[19] - The net profit attributable to shareholders for 2021 was CNY 54,904,198.15, a significant increase of 302.76% from CNY 13,632,132.99 in 2020[19] - The net profit after deducting non-recurring gains and losses was CNY 35,225,433.84, compared to a loss of CNY 15,032,295.74 in 2020, marking a 334.33% improvement[19] - The basic earnings per share for 2021 was CNY 0.0586, up 304.14% from CNY 0.0145 in 2020[19] - The total assets at the end of 2021 were CNY 2,497,773,773.79, an 18.57% increase from CNY 2,106,666,542.69 at the end of 2020[19] - The net assets attributable to shareholders at the end of 2021 were CNY 1,532,494,323.58, a slight increase of 1.22% from CNY 1,513,965,335.62 at the end of 2020[19] - The company's cash flow from operating activities for 2021 was CNY 26,426,860.12, a decrease of 6.62% compared to CNY 28,301,216.35 in 2020[19] - The weighted average return on equity for 2021 was 3.62%, up from 0.90% in 2020, indicating improved profitability[19] Revenue Breakdown - In Q1 2021, the company's operating revenue was approximately CNY 289.98 million, which increased to CNY 630.84 million in Q4 2021, showing a significant growth trend[23] - The net profit attributable to shareholders increased from CNY 1.94 million in Q1 to CNY 34.07 million in Q4, indicating strong financial performance throughout the year[23] - The revenue from glass tempering equipment reached 780 million CNY, accounting for 45.92% of total revenue, with a year-on-year order amount increase of 51% to 1.07 billion CNY[35] - Revenue from other glass deep processing equipment was 129.74 million CNY, representing 7.64% of total revenue, with improvements in product value and customer satisfaction[36] - The revenue from the three-dimensional flow fan and related equipment was 95.07 million CNY, showing a growth of 31.53%[36] - The automation systems and related equipment generated revenue of 25.40 million CNY, with a 155.7% increase in order volume[38] - The low-emission coating glass equipment segment achieved revenue of 9.26 million CNY, with a 25.7% increase in order volume[39] - The deep processing glass products segment generated revenue of 760 million CNY, accounting for 44.73% of total revenue[41] Market and Industry Trends - The glass market experienced significant price fluctuations in 2021, with prices increasing during the first half of the year and declining in the latter half due to various market pressures[30] - The company reported a 60% increase in the price of float glass raw materials and a 31% increase in ordinary steel prices, impacting production costs[33] - The mechanical industry achieved a revenue of CNY 26 trillion in 2021, reflecting a year-on-year growth of 15.6%, which positively influences the company's market environment[29] - The overall outlook for the glass deep processing industry remains positive, supported by national policies promoting high-end manufacturing and green building initiatives[31] Innovation and Development - The company is actively pursuing technological innovation and strategic partnerships to mitigate rising raw material costs and improve production efficiency[33] - The company has established a large-scale personalized customization model to meet specific customer needs, enhancing its competitive edge in the market[33] - The company has developed energy-saving glass products that play a crucial role in promoting green building initiatives, as the construction sector accounts for over 30% of national energy consumption[46] - The company is currently developing high-quality small-radius bent tempered glass to improve product quality and market position[74] - The company has achieved significant advancements in intelligent glass tempering machines, enhancing user experience and operational efficiency[74] Environmental and Social Responsibility - The company emphasizes the implementation of green development principles and compliance with national energy-saving and environmental protection laws[105] - The company has implemented a comprehensive waste gas treatment system, using environmentally friendly water-based coatings, ensuring compliance with the national air pollution discharge standards[160] - The company has invested in upgrading its environmental protection facilities to enhance compliance and reduce emissions further[156] - The company donated 1 million yuan to flood relief efforts in Xinxiang, Henan Province, following severe flooding in July 2021[172] - The company has been recognized for its social responsibility efforts, receiving awards for its contributions to community welfare[171] Governance and Management - The company has established a strong position in the high-end market through technological innovation and differentiation strategies in glass deep processing[44] - The company has a governance structure that complies with relevant laws and regulations, including a board of directors with 5 members, 2 of whom are independent directors[110] - The company has established a comprehensive information disclosure management system to ensure compliance with regulatory requirements[112] - The company has a total of 2,283 employees, with 1,119 in the parent company and 1,164 in major subsidiaries[137] - The company has a structured remuneration decision-making process based on its operational performance and individual contributions[126] Risks and Challenges - The company faces risks from macroeconomic fluctuations, including demand contraction and supply shocks, and plans to adjust its strategies accordingly[101] - The company is addressing the risk of raw material price volatility by optimizing processes and establishing strategic procurement partnerships[102] - The company recognizes the need to strengthen its market competitiveness amid increasing competition and is committed to continuous innovation and improvement[104]