Financial Performance - The company's revenue for Q1 2021 was ¥754,263,139.93, representing a 53.07% increase compared to ¥492,765,584.31 in the same period last year[9] - Net profit attributable to shareholders was ¥55,756,885.35, up 36.56% from ¥40,830,762.38 year-on-year[9] - Basic earnings per share were ¥0.1381, reflecting a 35.26% increase from ¥0.1021 in the same period last year[9] - The company reported a net profit of ¥1,741,602,969.69 as of March 31, 2021, an increase from ¥1,685,846,084.34, indicating a growth of approximately 3.3%[52] - Net profit for Q1 2021 was CNY 55,659,758.46, representing a 37.9% increase from CNY 40,344,186.23 in Q1 2020[68] - The company reported a total comprehensive income of ¥55,086,812.80 for the current period, compared to ¥40,225,195.78 in the previous period, indicating a growth of approximately 37%[74] Cash Flow - The net cash flow from operating activities reached ¥73,752,945.58, a significant increase of 112.78% compared to ¥34,662,244.33 in the previous year[9] - Cash flow from operating activities generated a net inflow of ¥73,752,945.58, up from ¥34,662,244.33 in the previous period, marking an increase of approximately 112%[78] - The net cash flow from operating activities increased significantly to ¥282,246,178.78 from ¥36,238,904.52, representing a growth of approximately 678% year-over-year[82] - Cash inflow from operating activities totaled ¥703,743,456.13, up from ¥617,344,189.84, indicating an increase of about 14%[82] - Cash outflow from operating activities decreased to ¥421,497,277.35 from ¥581,105,285.32, a reduction of approximately 27.5%[82] - The net cash flow from investing activities was ¥190,633,534.27, compared to a negative cash flow of -¥18,901,795.58 in the previous period[85] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,202,872,813.46, a 14.91% increase from ¥5,398,025,293.82 at the end of the previous year[9] - Current liabilities increased to ¥3,408,469,526.73 from ¥2,659,251,240.55, representing a rise of about 28.1%[49] - The total liabilities amounted to ¥3,411,882,286.88, up from ¥2,662,694,525.70, indicating an increase of approximately 28.1%[49] - The equity attributable to shareholders of the parent company was ¥2,780,578,453.57, compared to ¥2,724,821,568.22, reflecting a growth of about 2.1%[52] - Total assets reached ¥6,202,872,813.46, compared to ¥5,398,025,293.82, showing a growth of approximately 14.9%[52] - The total assets of the company reached CNY 4,856,918,701.35, up from CNY 4,319,615,901.81, indicating a growth of 12.4% year-over-year[59] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,681[14] - The largest shareholder, Tibet Beihang Changying Tianqi Information Technology Co., Ltd., held 25.75% of the shares[14] Operating Costs and Expenses - The operating cost increased by 59.23% to ¥632,883,706.39 from ¥397,476,034.41, primarily due to the increase in sales volume[25] - Total operating costs amounted to CNY 691,136,864.85, up from CNY 451,247,603.20, reflecting a year-over-year increase of 53.1%[64] - Research and development expenses for Q1 2021 were CNY 27,956,791.97, an increase of 28.6% from CNY 21,736,101.00 in the same quarter last year[64] - Research and development expenses rose to ¥25,262,722.13 from ¥17,308,735.71, reflecting a growth of approximately 46%[71] Strategic Plans - The company plans to implement a stock incentive plan and establish a wholly-owned subsidiary as part of its growth strategy[27] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[48] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[68] Financial Adjustments and Standards - The company did not classify any non-recurring gains and losses as recurring during the reporting period[12] - The company did not adjust the initial balance sheet items for the new leasing standards implemented in 2021[86]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2020, representing a year-on-year growth of 15%[14]. - The net profit attributable to shareholders was RMB 150 million, an increase of 20% compared to the previous year[14]. - The company's operating revenue for 2020 was ¥2,878,287,718.82, a decrease of 3.15% compared to 2019[21]. - The net profit attributable to shareholders for 2020 was ¥316,154,326.03, an increase of 3.31% from 2019[21]. - The net profit after deducting non-recurring gains and losses was ¥179,035,057.60, a decrease of 38.69% compared to the previous year[21]. - The net cash flow from operating activities was ¥171,852,460.04, down 80.71% from 2019[21]. - The total assets at the end of 2020 were ¥5,398,025,293.82, an increase of 27.04% from the end of 2019[21]. - The net assets attributable to shareholders at the end of 2020 were ¥2,724,821,568.22, an increase of 11.64% compared to the end of 2019[21]. - The company reported a basic earnings per share of ¥0.79 for 2020, up 2.60% from 2019[21]. - The weighted average return on equity for 2020 was 12.25%, a decrease of 1.05% from the previous year[21]. - The company achieved a total revenue of 287,828.77 million yuan, a year-on-year decrease of 3.15%[50]. - The net profit attributable to the parent company's owners was 31,615.43 million yuan, an increase of 3.31% year-on-year[50]. - The gross profit margin for the manufacturing sector was 18.59%, a decrease of 5.62% from the previous year[58]. Dividend Policy - The company plans to distribute a cash dividend of RMB 1 per 10 shares to all shareholders, with no bonus shares issued[5]. - The cash dividend for 2020 is set at CNY 1.00 per share (including tax), with an expected total payout of CNY 40,440,000.00, representing 100% of the profit distribution[119][121]. - The company has maintained a consistent cash dividend policy over the past three years, with dividends of CNY 0.65, CNY 0.70, and CNY 0.80 per share in 2018, 2019, and 2020 respectively[113][114][115]. - The retained earnings available for distribution to shareholders at the end of 2020 amounted to CNY 1,611,866,716.19 after accounting for the previous year's dividend[121]. - The company's profit distribution plan was approved by the board and submitted to the shareholders' meeting for review, ensuring all shareholders' interests are protected[113]. Market and Growth Strategy - The company has set a revenue target of RMB 1.5 billion for 2021, indicating a growth forecast of 25%[14]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2023[14]. - The company is focusing on R&D, achieving breakthroughs in new materials and structures, including the development of high-precision SPOKE rotor structures[50]. - The company plans to focus on high-end manufacturing and new energy industries, enhancing R&D efforts particularly in motor assembly products[63]. - The company plans to deepen its investment in the electric vehicle sector and aims to enhance its management level while actively exploring new customers and products[104]. - The company anticipates that the home appliance market will experience a noticeable recovery in the first half of 2021, supported by consumption upgrades and a peak in real estate completions expected from 2021 to 2022[102]. - The company is strategically positioned in the mid-to-high-end specialized motor components manufacturing sector, enhancing its competitive advantage[4]. Research and Development - Research and development expenses increased by 18% in 2020, reflecting the company's commitment to innovation[14]. - The number of R&D personnel increased by 6.05% to 491, representing 15.69% of the total workforce[73]. - The company is committed to increasing R&D investment in new energy projects and attracting high-end technical talent to drive growth in its new energy business[104]. Risk Management - The company has identified potential risks in supply chain disruptions and is implementing measures to mitigate these risks[5]. - The company faces risks from fluctuating raw material prices, particularly for steel and copper, which directly impact manufacturing costs[107]. - Approximately 15% of the company's revenue comes from exports, making it susceptible to exchange rate fluctuations, particularly against the US dollar and euro[107]. - The company acknowledges the ongoing uncertainty of the COVID-19 pandemic, which could affect its overseas market expansion[107]. Environmental Commitment - The company actively engages in environmental protection, implementing the ISO14000 environmental management system and conducting energy-saving and emission-reduction activities[172]. - The company has a wastewater treatment station with a designed capacity of 15 tons per hour, ensuring compliance with the national wastewater discharge standards[178]. - The company has established an online monitoring system for wastewater discharge, which is operational and maintained by Taizhou Environmental Science Operation Company[178]. - The company has been recognized as a "Circular Economy Enterprise" and a "Green Enterprise" by local authorities, reflecting its commitment to sustainable practices[179]. - The company has implemented an emergency response plan for environmental incidents, enhancing its capability to manage pollution events[179]. Corporate Governance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[124]. - The company has established a comprehensive human resources management system, ensuring timely payment of employee wages and social insurance contributions[171]. - The company emphasizes investor relations management, providing multiple communication platforms to ensure timely responses to investor inquiries[171]. - The company has maintained a continuous relationship with its accounting firm for 13 years, with an audit fee of 1.3 million RMB for the current period[136].

证券代码：002664 证券简称：长鹰信质 公告编号：2021-033 长鹰信质科技股份有限公司 关于举办投资者接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 长鹰信质科技股份有限公司(以下简称"公司")于 2021 年 4 月 16 日披露 2020 年年度报告及 2021 年一季度报告，为便于广大投资者深入全面地了解公司情况， 公司将在 2020 年度股东大会召开期间举办投资者接待日活动，现将有关事项公 告如下： 1、接待日：2021 年 5 月 10 日（星期一）2020 年度股东大会召开期间 2、接待时间：接待日当日下午 15:30-17:00 3、接待地点：浙江省台州市椒江区前所信质路 28 号长鹰信质科技股份有限 公司会议室 4、登记预约：参与投资者请于"投资者接待日"前 5 个工作日内与公司董事 会办公室联系，并同时提供问题提纲，以便接待登记和安排。 联系人：陈世海； 电话：0576-88931163；传真：0576-88931165。 5、来访证件：来访个人投资者请携带个人身份证原件及复印件、股东卡原 件及复印件，机构投资者携 ...

Financial Performance - Operating revenue for the quarter was CNY 805,347,390.42, representing a 10.13% increase year-on-year[9] - Net profit attributable to shareholders decreased by 18.08% to CNY 69,813,205.66 compared to the same period last year[9] - Basic earnings per share decreased by 18.08% to CNY 0.1745[9] - The company's total operating revenue for the current period is approximately $674.26 million, an increase of 12.00% compared to the previous period's $602.04 million[69] - Operating profit decreased to approximately $80.27 million, down 4.00% from $84.23 million in the previous period[69] - Net profit for the current period is approximately $66.41 million, a decrease of 6.00% from $71.10 million in the previous period[69] - The company's total operating revenue for the current period is ¥1,566,879,758.41, a decrease of 1.93% compared to ¥1,596,877,213.77 in the previous period[81] - The net profit for the current period is ¥151,350,875.06, down 15.05% from ¥178,120,054.17 in the previous period[84] Cash Flow - The net cash flow from operating activities was CNY 147,060,476.36, an increase of 21.97% compared to the previous quarter[9] - The net cash flow from operating activities decreased by 100.46% to -¥1,227,444.13, attributed to increased payments for notes payable and goods[24] - The net cash flow from investing activities increased by 169.49% to ¥56,848,887.07 due to the recovery of matured wealth management products[24] - The net cash flow from financing activities improved by 157.65% to ¥120,149,753.88, driven by increased borrowings and financing from receivables[24] - Cash flow from operating activities generated a net outflow of ¥1,227,444.13, contrasting with a net inflow of ¥265,748,983.83 in the previous period[88] - The company reported a total cash inflow from operating activities of ¥2,275,223,600.86, compared to ¥2,085,799,865.57 in the previous period, an increase of 9.1%[88] - The net cash flow from investing activities was 56,848,887.07, a recovery from a negative cash flow of -81,811,480.72 in the previous period[91] - The cash flow from financing activities showed a net increase of 163,649,270.05, recovering from a negative cash flow of -220,447,578.02 in the previous period[94] Assets and Liabilities - Total assets increased by 22.97% to CNY 5,225,137,972.93 compared to the end of the previous year[9] - Cash and cash equivalents increased by 70.02% to ¥1,805,409,168.40 due to the recovery of matured bank wealth management products and increased bank loans[22] - Short-term borrowings surged by 2,253.90% to ¥777,029,372.22 primarily due to increased bank loans and financing from receivables[22] - Other current assets rose by 673.40% to ¥58,963,927.32 mainly due to prepaid value-added tax[22] - Current liabilities surged to ¥2,271,695,763.39 from ¥1,514,521,771.75, representing an increase of approximately 50%[46] - The company's total liabilities increased to ¥2,498,895,889.62 from ¥1,651,774,599.20, reflecting a growth of around 51.4%[46] - Total current assets amounted to ¥3,005,243,476.76, while total non-current assets reached ¥1,243,763,197.97, leading to a total asset value of ¥4,249,006,674.73[100] - Total liabilities were reported at ¥1,651,774,599.20, with current liabilities accounting for ¥1,514,521,771.75 and non-current liabilities at ¥137,252,827.45[103] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,070[13] - The largest shareholder, Tibet Beihang Changying Tianqi Information Technology Co., Ltd., holds 26.00% of the shares[13] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[17] Government Subsidies and Investments - The company received government subsidies amounting to CNY 18,601,709.88 during the reporting period[9] - The company's deferred income rose by 303.74% to ¥187,623,158.92 due to government subsidies received for the Beihang UAV project[22] - The company reported a goodwill of ¥393,058,756.76 and intangible assets of ¥209,204,350.69[100] Research and Development - Research and development expenses for Q3 2020 were CNY 35,827,843.00, up from CNY 31,695,838.20 in Q3 2019, reflecting a year-over-year increase of 12.5%[61] - Research and development expenses increased to approximately $22.96 million, up 7.00% from $21.45 million in the previous period[69] - Research and development expenses rose to ¥65,470,857.38, compared to ¥59,777,832.54, marking an increase of 9.3%[81] Risks and Challenges - The company is currently facing risks in a joint development project with Elmotec Statomat Vertriebs GmbH due to the partner's acquisition by Schaeffler Group and delays in successful development[25]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥1,175,971,601.95, a decrease of 3.65% compared to ¥1,220,482,846.25 in the same period last year[23]. - The net profit attributable to shareholders was ¥93,715,509.34, down 29.59% from ¥133,101,389.48 in the previous year[23]. - Basic earnings per share decreased to ¥0.2343, down 29.58% from ¥0.3327 in the previous year[23]. - The total profit for the period was 11,434.32 million CNY, down 34.61% year-on-year[52]. - The net profit attributable to the parent company was 9,371.55 million CNY, reflecting a decline of 29.59% compared to the previous year[52]. - The company achieved operating revenue of 117,597.16 million CNY, a year-on-year decrease of 3.65%[52]. - The company reported a total cash balance of ¥916,411,123.55 at the end of the reporting period, an increase from ¥708,900,263.07 at the beginning of the period[71]. - The company reported a decrease in sales expenses to approximately ¥25.603 million, down 17.3% from ¥30.952 million in the same period of 2019[194]. - The total operating revenue for the first half of 2020 was approximately ¥1.176 billion, a decrease of 3.6% from ¥1.220 billion in the same period of 2019[194]. Cash Flow and Assets - The net cash flow from operating activities was -¥148,287,920.49, a significant decline of 202.14% compared to ¥145,181,309.85 in the same period last year[23]. - Cash and cash equivalents increased by 39.81% year-on-year, mainly due to the recovery of maturing bank financial products and an increase in short-term borrowings[39]. - The company's cash and cash equivalents increased to ¥1,484,589,058.73 as of June 30, 2020, up from ¥1,061,896,688.17 at the end of 2019, representing a growth of approximately 40%[174]. - Total current assets reached ¥3,176,324,793.42, compared to ¥3,005,243,476.76 at the end of 2019, indicating an increase of about 5.7%[176]. - The company's total assets included cash and cash equivalents of ¥1.48 billion, representing 32.65% of total assets, an increase from 24.99% year-on-year[68]. - The company's total assets amounted to ¥4,546,855,510.86, compared to ¥4,249,006,674.73 at the end of 2019, marking an increase of around 7%[176]. Research and Development - The company has made significant progress in R&D, particularly in developing high-precision SPOKE rotor structures, achieving a pole rate of 1.7 and increasing efficiency by 36% in weak magnetic environments[52]. - Research and development expenses increased by 11.45% to ¥56,183,119.41, up from ¥50,412,597.08 year-on-year[57]. - The company is focusing on cost reduction and efficiency improvement by optimizing internal resources and reducing inventory costs[52]. - The company has established a strong technical team for mold R&D and design, ensuring product solutions from the design phase[43]. Strategic Initiatives - The company is the world's largest supplier of automotive generator stator cores and is actively expanding into the new energy vehicle sector[34]. - The company is focusing on the development of drone systems and related services, aiming to become a world-class drone enterprise[35]. - The company has established long-term strategic partnerships with major clients such as Valeo, Bosch, and Denso, enhancing its competitive advantage[35]. - The company is transitioning from a traditional electric motor parts manufacturer to a technology-driven enterprise, particularly in the new energy vehicle industry[35]. - The company signed an investment cooperation agreement for the Beihang UAV project with an expected investment amount of no less than ¥1 billion[53]. Risks and Challenges - The company faces risks related to reduced business volume due to external sales accounting for approximately 15% of revenue, which may be impacted by the ongoing pandemic in Europe and the U.S.[84]. - The company is exposed to foreign exchange risks due to its reliance on sales denominated in USD and EUR, which could affect profitability[84]. - The company has identified risks associated with fluctuations in raw material prices, particularly for steel and copper, which directly impact manufacturing costs[86]. - The company is entering the new energy vehicle and drone markets, facing challenges due to late entry and competition in these sectors[87]. - The company has a significant goodwill amount from the acquisition of Tianyu Changying, which poses a risk of impairment if future performance does not meet expectations[87]. Corporate Governance - The company held its annual general meeting on May 26, 2020, with a participation rate of 55.02%[90]. - No cash dividends or stock bonuses were distributed for the half-year period, and no capital reserve was converted into share capital[90]. - The half-year financial report was not audited[92]. - There were no significant litigation or arbitration matters during the reporting period[96]. - The company reported no major related party transactions during the half-year period[99]. - The company did not engage in any asset or equity acquisitions or sales during the reporting period[104]. Environmental Compliance - The company has established a wastewater treatment station with a design capacity of 15 tons/hour, ensuring compliance with environmental standards[130]. - The company has received the "Pollutant Discharge Permit" from the Taizhou Environmental Protection Bureau, confirming compliance with environmental regulations[131].

Financial Performance - The company's operating revenue for 2019 was ¥2,971,970,129.12, representing a 12.97% increase compared to ¥2,630,796,841.15 in 2018[23] - The net profit attributable to shareholders for 2019 was ¥306,031,881.87, an increase of 17.52% from ¥260,417,526.11 in 2018[23] - The net cash flow from operating activities reached ¥890,771,086.39, showing a significant increase of 121.73% compared to ¥401,730,530.45 in 2018[23] - Basic earnings per share for 2019 were ¥0.77, up 18.46% from ¥0.65 in 2018[23] - Total assets at the end of 2019 amounted to ¥4,249,006,674.73, a 23.49% increase from ¥3,440,865,246.15 at the end of 2018[23] - The net assets attributable to shareholders increased to ¥2,440,668,842.19, reflecting a 12.86% growth from ¥2,162,638,360.32 in 2018[23] - The net profit after deducting non-recurring gains and losses was ¥291,996,464.85, a 15.41% increase from ¥253,008,901.31 in 2018[23] - The gross profit margin for the manufacturing sector was 24.20%, reflecting a slight increase of 0.44% year-on-year[60] Revenue Breakdown - Total revenue for the year reached ¥2,972,970,129.12, with a quarterly breakdown showing Q1 at ¥599,951,338.09, Q2 at ¥620,531,508.16, Q3 at ¥731,293,827.20, and Q4 at ¥1,020,193,455.67[28] - Net profit attributable to shareholders for the year was ¥306,031,881.87, with quarterly figures of ¥56,155,676.68 in Q1, ¥76,945,712.80 in Q2, ¥85,217,687.60 in Q3, and ¥87,712,804.79 in Q4[28] - The company's drone technology service revenue decreased by 51.96% year-on-year, amounting to CNY 66,550,503.91[60] - The electric vehicle components segment saw a revenue increase of 15.02%, totaling CNY 625,390,451.04, while the automotive parts segment declined by 6.82% to CNY 1,226,443,929.56[60] - Domestic sales accounted for 86.04% of total revenue, with a year-on-year growth of 17.00%, while export sales decreased by 6.81%[60] Cash Flow and Investments - The net cash flow from operating activities for the year was ¥890,774,086.39, with significant increases in Q2, Q3, and Q4, reaching ¥105,450,472.06, ¥120,567,673.98, and ¥625,022,102.56 respectively[28] - The total cash inflow from investment activities rose by 61.54% to ¥240,951,056.56, primarily due to increased recoveries from bank financial products[78] - The company reported a significant asset impairment loss of ¥10,489,581.01, primarily due to inventory write-downs[79] R&D and Innovation - The company is focusing on R&D in drone technology, emphasizing smart control and autonomous flight systems to enhance its market position[52] - The company has established a research and development platform in Taizhou Bay, aiming to accelerate technology development and industrial growth[52] - The company has advanced precision stamping mold development capabilities, utilizing imported CNC equipment to ensure high manufacturing precision[43] - The company focuses on high-end specialized motor component manufacturing, which has led to a steady increase in profitability and reduced market risk[46] Market Position and Strategy - The company is a global leader in motor components, with a strong customer base and a dual-track layout formed through the acquisition of the Beihang UAV industry[42] - The company has established long-term partnerships with major domestic and international motor manufacturers, enhancing its competitive advantage and industry position[42] - The company plans to enhance its investment in the automotive sector, particularly in new energy vehicles, to capitalize on significant growth opportunities over the next decade[101] - The company aims to establish a drone industrial park and leverage its technological platform to drive innovation in the drone sector, targeting a dual focus on electric motors and drones[101] Risks and Challenges - The company has outlined potential risks and corresponding measures in its future development outlook section[7] - The automotive industry is facing challenges with a 7.5% decline in production and an 8.2% decline in sales in 2019, impacting the company's market outlook[93] - The company faces risks from fluctuating raw material prices, particularly for steel and copper, which directly affect manufacturing costs[106] - The company anticipates a decline in its motor business due to the pandemic, with a significant impact on the automotive supply chain and a projected drop in foreign trade revenue, which constitutes about 15% of total revenue[102] Shareholder Information - The total number of shares before the change was 400,020,000, with 50,053,800 shares (12.51%) being restricted shares and 349,966,200 shares (87.49%) being unrestricted shares[179] - The largest unrestricted shareholder is Tibet Beihang Changying Tianqi Information Technology Co., Ltd., holding 104,005,200 shares (26.00%)[185] - The company’s chairman, Yin Wei, increased his holdings by 15,000 shares, locking 75% of his shares as per regulations[179] - The total number of restricted shares held by Yin Wei at the end of the period is 8,389,950[182] Environmental and Compliance - The company has established a wastewater treatment facility with a design capacity of 15 tons/hour, ensuring compliance with environmental standards[169] - The company has implemented an environmental monitoring system for wastewater discharge, ensuring real-time compliance[171] - The company has committed to enhancing investor relations through various communication platforms[164]

Revenue and Profit - Revenue for Q1 2020 was ¥492,765,584.31, a decrease of 17.87% compared to ¥599,951,338.09 in the same period last year[9] - Net profit attributable to shareholders was ¥40,830,762.38, down 27.29% from ¥56,155,676.68 year-on-year[9] - Net profit excluding non-recurring gains and losses was ¥37,109,911.40, a decline of 21.10% compared to ¥47,034,082.41 in the previous year[9] - Basic earnings per share were ¥0.1021, down 27.28% from ¥0.1404 in the previous year[9] - Total operating revenue for the first quarter was CNY 492,765,584.31, a decrease of approximately 17.8% compared to CNY 599,951,338.09 in the same period last year[55] - Net profit for the current period is ¥40,344,186.23, down 32.5% from ¥59,820,216.41 in the previous period[61] - Basic earnings per share for the current period is ¥0.1021, compared to ¥0.1404 in the previous period, reflecting a decrease of 27.1%[61] - Total profit for the current period is ¥47,877,487.63, a decrease of 32.5% from ¥70,946,100.19 in the previous period[61] Cash Flow - Operating cash flow for the period was ¥34,662,244.33, representing a decrease of 12.76% from ¥39,730,837.79 in the same quarter last year[9] - Net cash flow from operating activities was ¥34,662,244.33, down 12.9% from ¥39,730,837.79 in the previous period[74] - Investment cash inflow totaled ¥211,246,379.44, compared to ¥220,700.50 in the previous period, indicating a significant decrease[78] - Net cash flow from investment activities was ¥98,445,485.35, a recovery from a negative cash flow of -¥15,600,639.95 in the previous period[78] - Cash flow from financing activities showed a net inflow of ¥246,658.49, down from ¥21,854,792.03 in the previous period[78] - The ending balance of cash and cash equivalents increased to ¥485,516,316.08 from ¥435,106,565.51 in the previous period, reflecting a growth of 11.6%[78] - The net increase in cash and cash equivalents for the current period was ¥132,519,890.98, compared to ¥43,160,863.28 in the previous period, showing a substantial improvement[78] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,383,493,381.26, an increase of 3.17% from ¥4,249,006,674.73 at the end of the previous year[9] - Current assets totaled CNY 2,196,296,830.22, an increase from CNY 2,165,707,364.17 year-over-year[47] - Total liabilities amounted to CNY 1,745,917,119.50, up from CNY 1,651,774,599.20 in the previous year, indicating a growth of about 5.7%[46] - Non-current liabilities increased to CNY 196,822,126.82 from CNY 137,252,827.45, reflecting a rise of approximately 43.5%[46] - Owner's equity totaled CNY 2,637,576,261.76, compared to CNY 2,597,232,075.53, marking an increase of about 1.6%[46] - Total current liabilities included accounts payable of CNY 323,085,918.00[90] Expenses - Total operating costs for the current period amount to ¥451,247,603.20, a decrease of 16.0% from ¥537,142,641.97 in the previous period[66] - Research and development expenses for the current period are ¥21,736,101.00, down 5.8% from ¥23,068,336.93 in the previous period[66] - Financial expenses for the current period are ¥1,398,864.17, significantly reduced from ¥10,821,351.41 in the previous period[66] - The company's income tax expenses decreased by 32.29% from CNY 11.1 million to CNY 7.5 million, corresponding to a reduction in total profit[20] - Tax expenses for the current period are ¥7,533,301.40, down from ¥11,125,883.78 in the previous period[61] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,617[14] - The largest shareholder, Tibet Beihang Changying Tianqi Information Technology Co., Ltd., held 26.00% of the shares, totaling 104,005,200 shares[14] Non-Recurring Items - The company reported non-recurring gains of ¥3,720,850.98 for the period, including government subsidies of ¥5,073,357.76[9] - Other income for the current period is ¥5,073,357.76, down 42.5% from ¥8,829,182.99 in the previous period[66] Changes in Financial Position - The company's trading financial assets decreased by 48.72% from CNY 431 million to CNY 221 million due to the maturity of financial products during the reporting period[20] - Prepayments increased by 41.00% from CNY 223 million to CNY 315 million, primarily due to advance payments for drone materials[20] - Other current assets surged by 861.21% from CNY 7.6 million to CNY 73.3 million, mainly due to prepaid VAT[20] - The company's short-term loans increased significantly by 483.91% from CNY 33 million to CNY 192 million, attributed to increased bank loans[20] - The company's financial expenses decreased by 87.07% from CNY 10.8 million to CNY 1.4 million, primarily due to reduced exchange losses[20] - The deferred income increased by 150.56% from CNY 46.5 million to CNY 116.4 million, mainly due to government subsidies received for investment cooperation agreements[20] - The deferred income tax liabilities were CNY 10,287,401.91, slightly down from CNY 10,665,077.54, indicating a decrease of about 3.5%[46] Accounting Changes - The implementation of the new revenue recognition standard began on January 1, 2020, affecting the classification of contract liabilities[94] - The company reported a decrease in contract liabilities by CNY 131,407,104.74 due to the new accounting policy[90]

证券代码：002664 证券简称：长鹰信质 公告编号：2019-050 长鹰信质科技股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动的公告 本公司及董事会全体人员保证信息披露的内容真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 为进一步加强与投资者的沟通交流，使广大投资者深入全面地了解长鹰信质 科技股份有限公司（以下简称"公司"）的经营情况，公司将参加由中国证监会 浙江证监局指导、浙江上市公司协会与深圳市全景网络有限公司共同举办的"沟 通促发展 理性共成长"辖区上市公司投资者网上集体接待日主题活动，现将有 关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网 上平台举行，投资者可以登录"全景·路演天下"网站（http://rs.p5w.net） 参与公司本次投资者网上接待日活动。网上互动交流时间为 2019 年 11 月 5 日（星 期二）下午 15:30-17:00。 届时公司董事兼总经理秦祥秋先生、财务总监楚瑞明先生、董事会秘书陈世 海先生及相关工作人员将与投资者通过网络在线交流形式就公司治理、经营发展 状况等投资者关心的问题进行沟通与交流（如有特殊情 ...

Financial Performance - Net profit attributable to shareholders was ¥85,217,687.60, representing a growth of 34.66% year-on-year[9]. - Operating revenue for the period was ¥731,293,827.20, reflecting a year-on-year increase of 15.83%[9]. - Basic earnings per share were ¥0.2130, up 34.64% from the previous year[9]. - The net profit after deducting non-recurring gains and losses was ¥81,808,983.72, an increase of 22.50% year-on-year[9]. - The company reported a profit from operating activities of ¥106,350,418.73, an increase of 39.51% compared to ¥76,257,883.51 in the previous period[52]. - The total profit for the current period was ¥105,186,699.28, up 40.43% from ¥74,880,265.99 in the previous period[54]. - Net profit for the current period was ¥90,177,316.03, representing a 36.14% increase from ¥66,256,458.82 in the previous period[54]. - The company reported a total profit of ¥280,051,269.90, an increase of 11.1% from ¥251,919,828.12 in the previous period[63]. - The net profit for the current period is approximately ¥178.12 million, compared to ¥148.35 million in the previous period, reflecting an increase of about 19.98%[70]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,782,970,985.96, an increase of 9.94% compared to the end of the previous year[9]. - Total liabilities increased to CNY 1,285,226,237.19, up from CNY 1,153,003,192.92, representing a growth of approximately 11.45% year-over-year[42]. - Total equity attributable to shareholders reached CNY 2,352,956,037.40, compared to CNY 2,162,638,360.32, an increase of about 8.81%[42]. - The company’s total equity attributable to shareholders reached CNY 2,162,638,360.32, with undistributed profits of CNY 1,181,207,943.57[88]. - The company’s total current assets were ¥2,228,123,673.51, indicating stable liquidity[81]. - The company’s total non-current assets were ¥1,212,741,572.64, reflecting a solid long-term asset base[84]. Cash Flow - The net cash flow from operating activities was ¥120,567,673.98, a decrease of 66.46% compared to the same period last year[9]. - The net cash flow from operating activities increased to ¥394,316,246.70, compared to ¥142,189,048.15 in the previous period, representing a significant improvement[79]. - Total cash inflow from operating activities was ¥1,719,802,533.72, while cash outflow was ¥1,325,486,287.02, resulting in a net cash flow of ¥394,316,246.70[79]. - The cash inflow from financing activities totaled ¥82,000,000.00, while cash outflow was ¥302,447,578.02, leading to a net cash flow of -¥220,447,578.02[79]. - The cash inflow from sales of goods and services is approximately ¥2.02 billion, down from ¥2.12 billion in the previous period, showing a decrease of about 4.88%[73]. Expenses and Investments - Total operating costs increased to ¥628,842,940.90, up 14.00% from ¥551,690,828.61 in the previous period[52]. - Research and development expenses increased to ¥31,695,838.20, up 11.67% from ¥28,339,313.64 in the previous period[52]. - The company experienced a decrease in investment losses, reporting a loss of ¥362,365.00 compared to a loss of ¥2,082,027.30 in the previous period[52]. - Financial expenses decreased to ¥6,389,519.83, down from ¥9,287,391.45 in the previous period[63]. Shareholder Information - The total number of shareholders at the end of the reporting period was 19,942, with the top ten shareholders holding 66.01% of the shares[13]. - The company did not engage in any repurchase transactions during the reporting period[19]. Government Support - The company received government subsidies amounting to ¥19,420,652.18 during the reporting period[9]. - The company reported a 105.46% increase in other income to ¥19,420,652.18, primarily from social security subsidies[22].

Financial Performance - The company's operating revenue for the first half of 2019 was ¥1,220,482,846.25, representing a decrease of 8.58% compared to the same period last year[23]. - The net profit attributable to shareholders was ¥133,101,389.48, down 1.88% year-on-year[23]. - The net profit after deducting non-recurring gains and losses was ¥125,512,162.61, a decrease of 5.29% compared to the previous year[23]. - The basic earnings per share were ¥0.3327, a decrease of 1.89% from ¥0.3391 in the same period last year[23]. - The diluted earnings per share also stood at ¥0.3327, reflecting the same percentage decrease as basic earnings[23]. - The weighted average return on equity was 5.98%, down from 6.80% in the previous year[23]. - The total profit for the same period was RMB 17,486.46 million, down 1.23% year-on-year, while the net profit attributable to shareholders was RMB 13,310.14 million, a decline of 1.88%[50]. - The company's elevator business, identified as a new growth point, saw a significant year-on-year increase of 144%[50]. - The net profit for the first half of 2019 was CNY 107,019,010.59, a decrease from CNY 111,165,666.60 in the same period of 2018, representing a decline of approximately 3.1%[177]. - Operating profit for the first half of 2019 was CNY 126,105,024.46, down from CNY 129,787,337.53 in the previous year, indicating a decrease of about 2.1%[177]. Cash Flow and Assets - The net cash flow from operating activities improved significantly to ¥145,181,309.85, a turnaround from a negative cash flow of ¥265,055,461.73 in the same period last year, marking an increase of 154.77%[23]. - The company reported a net decrease in cash and cash equivalents of ¥66,287,105.47, which is a 76.00% increase in outflow compared to ¥37,663,752.98 in the previous year[55]. - Cash and cash equivalents at the end of the reporting period amounted to ¥916,748,671.32, representing 25.99% of total assets, an increase of 11.98% compared to the previous year[62]. - The company reported a total cash outflow from financing activities of 294,081,203.77 yuan, which is significantly higher than 178,575,060.16 yuan from the previous period[188]. - The cash flow from operating activities outpaced cash outflows, resulting in a positive net cash flow for the current period[188]. Investments and R&D - The company's fixed assets increased by 89.57% compared to the end of the previous year, primarily due to investments in smart factory initiatives[36]. - Research and development expenses were ¥50,412,597.08, a slight increase of 0.26% compared to ¥50,281,820.13 in the previous year[55]. - The core R&D team has over 10 years of experience and is well-versed in the latest drone technologies, enhancing the company's competitive edge[45]. - The company is committed to improving internal management capabilities and increasing R&D investment to adapt to changes in the automotive supply chain and competitive landscape[51]. Market Position and Strategy - The company operates primarily in two business segments: motor components and drone systems, with a focus on R&D, production, and sales[34]. - The company is the largest global supplier of automotive generator stator cores, serving major clients such as Valeo, Bosch, and Denso[35]. - The company is committed to expanding its presence in the new energy vehicle sector, reflecting its strategic market expansion efforts[34]. - The company aims to become a world-class drone enterprise, leveraging its strengths in R&D and technology[35]. - The company is focusing on expanding its military and overseas markets for drones, while accelerating the development of logistics drones and next-generation intelligent control technology[51]. Quality and Compliance - The company has passed ISO14001:2004 and ISO/TS16949:2015 quality system certifications, ensuring its product quality is recognized as industry-leading[41]. - The company has established a rigorous quality assurance system in place, which is crucial for attracting and retaining large clients[41]. - The company has received various environmental certifications, including recognition as a "Circular Economy Enterprise" and a "Green Enterprise" in Zhejiang Province[114]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[7]. - The largest shareholder, Tibet Beihang Changying Tianqi Technology Co., Ltd., holds 26.00% of the shares, totaling 104,005,200 shares, which are pledged[123]. - The second-largest shareholder, Yin Xingman, holds 13.20% of the shares, totaling 52,804,800 shares, with 39,603,600 shares being limited[123]. - The company reported a total of 19,921 shareholders holding ordinary shares at the end of the reporting period[123]. Risks and Challenges - The company faces risks related to fluctuations in raw material prices, particularly steel and copper, which directly impact manufacturing costs[78]. - The company is entering the new energy vehicle and drone sectors, facing challenges due to late entry and competition in these emerging markets[78]. - The company plans to mitigate foreign exchange risks through adjustments in foreign exchange strategies and forward settlement operations[78]. - The company emphasizes the need for enhanced management practices to cope with the complexities arising from its rapid growth and transformation[78].