Financial Performance - The company achieved a significant increase in revenue, reflecting a strong demand for its products in the market[17]. - The company's operating revenue for 2021 was ¥1,906,437,017.09, representing a 28.45% increase compared to ¥1,484,180,849.78 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥43,096,598.82, a significant increase of 71.67% from ¥25,104,964.02 in 2020[21]. - The total operating revenue for the company reached CNY 1.906 billion, representing a 28.45% increase compared to CNY 1.484 billion in the previous year[52]. - The company's total revenue for 2021 was CNY 1,905,456,017.09, representing a 28.45% increase compared to CNY 1,484,180,849.78 in 2020[53]. - The company reported a net profit of ¥5,318,121.01 in Q1 2021, which decreased to a loss of ¥33,241,179.61 in Q4 2021 for the net profit excluding non-recurring items[26]. - The company reported a total revenue of 551,429,800 CNY for the year 2021, with a net profit margin of 90.77%[87]. - The net profit for the year was 150 million CNY, which is a 20% increase compared to the previous year[118]. Cash Flow and Financial Position - The net cash flow from operating activities decreased by 88.88% to ¥11,456,516.35 in 2021, down from ¥103,017,646.14 in 2020[22]. - Operating cash inflow rose by 24.54% to ¥1,567,090,802.82, while operating cash outflow increased by 34.65% to ¥1,555,634,286.47[70]. - Net cash flow from financing activities decreased by 184.56% to -¥244,473,794.51, primarily due to the absence of funds from a previous private placement[72]. - Total assets at the end of 2021 were ¥2,923,732,275.15, a decrease of 14.46% from ¥3,418,012,138.43 at the end of 2020[22]. - Total assets at the end of 2021 included cash and cash equivalents of ¥204,277,297.01, down from ¥673,217,251.14 at the beginning of the year[73]. Business Expansion and Acquisitions - The company expanded its business scope to include the production, research, and sales of automotive parts and charging devices for new energy vehicles, in addition to its core wind turbine products[20]. - The company completed the acquisition of 100% equity in Iron City Information, which became a wholly-owned subsidiary, enhancing its operational capabilities[20]. - The company has established production bases in Taizhou, Jiangsu, Guangdong, and Tianjin for central air conditioning fans, with a direct sales model for domestic sales[41]. - The company’s market expansion includes partnerships with major clients such as SAIC-GM-Wuling and Dongfeng Liuzhou, enhancing its automotive component business[49]. Research and Development - The company plans to continue investing in research and development for new products and technologies to maintain competitive advantage[17]. - Research and development expenses rose by 23.84% to CNY 100,596,710.03, compared to CNY 81,230,200.88 in 2020[66]. - R&D investment increased by 23.80% to ¥116,460,155.22 in 2021, accounting for 6.11% of operating revenue[68]. - The company is focusing on the development of new energy vehicle charging technologies, including bidirectional inverter technology for vehicle-to-grid applications[68]. Market Trends and Industry Insights - The total sales amount of central air conditioning in China reached 123.2 billion yuan in 2021, representing a year-on-year growth of 25.4%[33]. - The sales volume of new energy vehicles in China reached 3.521 million units in 2021, a year-on-year increase of 157.5%[39]. - The penetration rate of new energy passenger vehicles in the domestic retail market was 15.53% in 2021, an increase of 9.34 percentage points year-on-year[39]. - The demand for central air conditioning fans is driven by the growth of downstream industries, export market expansion, and the need for maintenance and upgrades[34]. Corporate Governance and Management - The company operates independently from its controlling shareholders, with a complete and autonomous business structure[105]. - The company has established a comprehensive independent personnel management system, ensuring that all employees, including senior management, are solely employed by the company[106]. - The company has a clear asset ownership structure, with no encroachment from controlling shareholders, and possesses all necessary production-related assets[107]. - The company has a board of directors consisting of 9 members, including 3 independent directors[112]. Environmental and Social Responsibility - The company is committed to environmental protection and has implemented measures to improve energy efficiency in its products[146]. - The company has committed to social responsibility and will continue to support community development and charity initiatives[148]. - The company emphasizes adherence to labor laws and employee rights, focusing on health, safety, and satisfaction[147]. Legal Matters and Compliance - The company is currently in the process of enforcing a court ruling regarding the performance compensation[156]. - The company filed a lawsuit against Dai Mingxi for performance compensation of RMB 128,313,067.33 due to unmet performance targets for 2019 and 2020[156]. - The company has ongoing litigation that may impact its profits, but the exact effect remains uncertain[165]. - The company has reported no significant sales returns during the reporting period[168].

Financial Performance - The company's revenue for Q3 2021 reached ¥497,804,400.32, representing a 23.67% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥12,663,004.91, a decrease of 11.34% year-on-year, while the net profit excluding non-recurring items was ¥9,697,023.61, down 17.61%[5] - Year-to-date revenue from January to September 2021 was ¥1,403,776,879.06, showing a significant increase of 44.82% compared to ¥969,306,987.25 in the same period of 2020[9] - The net profit attributable to shareholders for the first nine months of 2021 was ¥42,738,118.30, up 58.92% from ¥26,893,468.25 in 2020[9] - Basic earnings per share for Q3 2021 were ¥0.0224, reflecting a decrease of 31.71% compared to ¥0.0328 in the same quarter last year[9] - Total operating revenue for the period reached ¥1,403,776,879.06, an increase of 44.4% compared to ¥969,306,987.25 in the previous period[19] - Net profit for the period was ¥40,632,553.73, representing a 34.3% increase from ¥30,279,701.07 in the same period last year[20] - The total comprehensive income for the third quarter of 2021 was CNY 40,390,111.86, compared to CNY 29,852,683.29 in the same period last year, representing an increase of approximately 35.1%[21] - Basic and diluted earnings per share for the third quarter of 2021 were CNY 0.0755, up from CNY 0.0617 in the previous year, indicating a growth of about 22.5%[21] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥3,138,079,030.24, down 8.19% from ¥3,418,012,138.43 at the end of the previous year[5] - The total assets decreased to ¥3,138,079,030.24 from ¥3,418,012,138.43, a reduction of 8.2%[16] - Total liabilities decreased to ¥1,339,767,577.13 from ¥1,655,948,797.18, a decline of 19%[17] - The company's equity attributable to shareholders increased to ¥1,575,267,297.15 from ¥1,532,667,171.38, a growth of 2.8%[18] - The company's equity attributable to shareholders was CNY 1.53 billion, while total equity stood at CNY 1.76 billion[30] - The company reported a total liability of CNY 1.66 billion, indicating a stable financial position[29] Cash Flow - The company reported cash flow from operating activities of ¥98,707,643.72, an increase of 2.03% year-to-date[5] - Cash inflow from operating activities reached CNY 1,144,821,575.11, an increase of 19.5% compared to CNY 957,767,167.18 in the same quarter of 2020[24] - The net cash flow from operating activities was CNY 98,707,643.72, slightly up from CNY 96,745,943.77 in the previous year, showing a growth of 2.0%[24] - Cash outflow from investing activities resulted in a net cash flow of -CNY 25,588,773.18, an improvement from -CNY 29,999,053.14 in the same period last year[25] - Cash inflow from financing activities was CNY 414,497,409.31, down from CNY 534,353,166.20 in the previous year, reflecting a decrease of approximately 22.4%[25] - The total cash and cash equivalents at the end of the period stood at CNY 232,089,260.43, compared to CNY 114,256,928.07 at the end of the same quarter last year, indicating a significant increase of 103.5%[25] - The company reported a cash outflow of CNY 596,199,220.20 for debt repayment, which increased from CNY 469,254,468.00 in the previous year, representing a rise of 27.1%[25] Operational Metrics - The company experienced a significant increase in revenue from Iron City Information, contributing an additional ¥243 million year-on-year[9] - Total operating costs amounted to ¥1,357,025,915.22, up from ¥955,963,582.25, reflecting a 42% increase[19] - Inventory levels increased to ¥545,096,395.46, up 21.6% from ¥448,224,414.42[15] - The company reported R&D expenses of ¥70,487,694.72, which is an increase of 22.4% compared to ¥57,549,035.11 in the previous period[19] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Accounting Changes - The company adjusted its financial statements due to the first-time implementation of new leasing standards, affecting the balance sheet items[26] - The company adopted new leasing standards from January 1, 2021, impacting the reported figures for prepayments and lease liabilities[30] Other Financial Information - The company has a long-term borrowing of CNY 65.85 million, reflecting its financing strategy[29] - The company reported a total of CNY 87.99 million in undistributed profits, indicating potential for reinvestment[30] - The company has a total of CNY 1.28 million in other comprehensive income, contributing to overall equity[30] - The company's total liabilities and equity combined were reported at CNY 3.43 billion[30] - The company has not yet audited the third-quarter report, which may affect the reliability of the figures presented[31] - Current liabilities reached CNY 1.50 billion, with short-term borrowings accounting for CNY 773.68 million[29] - Total assets amounted to approximately CNY 3.42 billion, with non-current assets totaling CNY 1.56 billion[30]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 905,972,478.74, representing a 59.84% increase compared to CNY 566,792,165.97 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was CNY 30,075,113.39, a significant increase of 138.47% from CNY 12,611,503.19 in the previous year[22]. - The net profit after deducting non-recurring gains and losses reached CNY 25,765,225.01, marking a 741.64% increase compared to CNY 3,061,318.36 in the same period last year[22]. - The basic earnings per share increased by 83.10% to CNY 0.0531 from CNY 0.0290 in the previous year[22]. - The total operating revenue for the first half of 2021 reached CNY 905,972,478.74, a significant increase of 59.73% compared to CNY 566,792,165.97 in the same period of 2020[130]. - The total operating costs for the first half of 2021 were CNY 870,145,558.82, up from CNY 570,823,704.80 in the first half of 2020, reflecting a growth of 52.51%[130]. - The net profit attributable to the parent company for the first half of 2021 was CNY 20,327,957.95, compared to a loss of CNY 1,723,571.25 in the same period of 2020[129]. - The company's total profit for the first half of 2021 was ¥35.32 million, significantly higher than ¥15.71 million in the first half of 2020, marking a 124.83% increase[132]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,103,489,224.49, a decrease of 9.20% from CNY 3,418,012,138.43 at the end of the previous year[22]. - The company's total assets as of June 30, 2021, amounted to CNY 2,264,407,462.14, slightly down from CNY 2,290,633,434.84 at the end of 2020[128]. - The total liabilities decreased to CNY 755,771,093.05 in the first half of 2021 from CNY 804,048,594.95 in the same period of 2020, indicating a reduction of 6.67%[129]. - The total liabilities at the end of the first half of 2021 were CNY 224.56 million, indicating a stable financial structure[148]. - The company's total assets at the end of the reporting period amounted to 1,508,636,369.09 yuan, indicating growth in asset base[153]. - The company reported a decrease in total liabilities, which stood at 976,770,000 yuan, reflecting improved financial stability[152]. Cash Flow - The net cash flow from operating activities was CNY 35,971,347.65, reflecting a 9.35% increase from CNY 32,895,927.57 in the same period last year[22]. - The cash and cash equivalents decreased significantly to CNY 124,321,549.59 from CNY 417,693,056.85 at the end of 2020, a decline of 70.24%[127]. - The company reported a net cash flow from financing activities of CNY -306,879,770.62, a significant decrease from CNY 22,649,254.94 in the first half of 2020[141]. - The cash inflow from operating activities totaled CNY 236,044,906.68, a decrease from CNY 248,925,684.21 in the first half of 2020, reflecting a decline of about 5.5%[143]. - The company experienced a net decrease in cash and cash equivalents of CNY -289,347,351.60 in the first half of 2021, contrasting with an increase of CNY 25,335,779.11 in the same period of 2020[141]. Research and Development - Research and development expenses rose by 27.69% to ¥43,331,137.73 from ¥33,934,361.02, indicating a commitment to innovation[40]. - The company's research and development expenses increased to CNY 43,331,137.73 in the first half of 2021, compared to CNY 33,934,361.02 in the same period of 2020, marking a rise of 27.56%[130]. - The company is developing new products such as energy-saving motors and vehicle lightweight components, which may face market acceptance risks[58]. - The company has initiated research and development for new technologies aimed at improving energy efficiency and reducing operational costs[157]. Market and Sales - Domestic sales accounted for 89.83% of total revenue, amounting to ¥813,862,972.57, while export sales contributed 10.17% at ¥92,109,506.17[43]. - The revenue from the new energy vehicle parts manufacturing segment surged by 355.28% to ¥252,954,496.32 from ¥55,560,749.21[42]. - The company is optimistic about the long-term growth of the fan industry, driven by the development of the refrigeration and air conditioning industry, as well as increasing demand for energy-efficient products[31]. - The company has established long-term strategic partnerships with central air conditioning clients to mitigate risks from raw material price fluctuations[59]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[7]. - The annual shareholders meeting had a participation rate of 47.81% on May 18, 2021[62]. - There were no changes in the board of directors, supervisors, or senior management during the reporting period[63]. - The company confirmed that there were no major losses or gains from leasing projects that reached 10% of the total profit for the reporting period[94]. Legal and Compliance - The company has ongoing litigation regarding performance compensation claims amounting to RMB 128.31 million for 2020[72]. - The company is currently facing risks related to the limited cash assets of Dai Mingxi, primarily consisting of equity assets, which may complicate asset liquidation[78]. - The company has prudently recognized asset impairment provisions due to ongoing bankruptcy restructuring of related parties[79]. - The company has not engaged in any external guarantees during the reporting period[74]. Financial Reporting and Accounting - The financial report for the first half of 2021 has not been audited[120]. - The company prepares consolidated financial statements based on the financial statements of the parent company and its subsidiaries, following the relevant accounting standards[184]. - The company recognizes expected credit losses for financial assets measured at amortized cost and those measured at fair value through other comprehensive income[194]. - The company’s financial report adheres to the disclosure requirements set forth by the China Securities Regulatory Commission[1].

Financial Performance - Zhejiang Yilida Ventilator Co., Ltd. reported a significant increase in revenue, reaching RMB 1.5 billion in 2020, representing a year-on-year growth of 15%[14] - The company's operating revenue for 2020 was approximately ¥1.48 billion, a slight increase of 0.20% compared to ¥1.48 billion in 2019[19] - The net profit attributable to shareholders for 2020 was approximately ¥25.10 million, a significant increase of 105.65% from a loss of ¥444.51 million in 2019[19] - The net profit excluding non-recurring gains and losses for 2020 was approximately ¥10.83 million, up 102.12% from a loss of ¥509.72 million in 2019[20] - The total assets of the company as of December 31, 2020, amounted to RMB 2.3 billion, reflecting a 12% increase from the previous year[14] - The net assets attributable to shareholders at the end of 2020 were approximately ¥1.53 billion, a substantial increase of 52.04% from ¥1.01 billion at the end of 2019[20] - The company reported a basic earnings per share of ¥0.0576 for 2020, compared to a loss of ¥1.0129 in 2019, reflecting a 105.69% improvement[20] - The company reported a total of ¥14.28 million in non-recurring gains for 2020, down from ¥65.21 million in 2019[26] - The company’s total revenue for the wind turbine manufacturing industry was approximately CNY 999.06 million, with a year-on-year decrease of 0.69%[52] - The gross profit margin for the new energy vehicle parts manufacturing industry was 15.38%, reflecting a year-on-year decrease of 8.90%[52] - Domestic sales reached CNY 1,316.78 million, representing a year-on-year increase of 3.44%[52] Market Expansion and Strategy - The company has expanded its market presence by entering two new provinces, aiming to increase market share by 5% in these regions[18] - The company has outlined a future outlook projecting a revenue growth of 10-15% for 2021, driven by market expansion and new product launches[14] - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by 2025[175] - A strategic acquisition of a local competitor is expected to enhance production capacity by 40%[175] - The company plans to focus on the wind turbine and electric motor sectors, aiming to expand in wind power integration and application fields[85] Research and Development - The company plans to invest RMB 200 million in research and development for new products and technologies in the upcoming year[18] - The company has accumulated 238 patents, including 54 invention patents, demonstrating its strong R&D capabilities[38] - The company launched 10 new product development projects in 2020, with 8 projects completed in stages, including a key project on intelligent fan factory integration technology[45] - Research and development expenses increased by 18%, focusing on innovative ventilation solutions[175] - The company has a first-class fan performance testing laboratory that meets AMCA standards, enhancing its competitive edge[32] Financial Management and Investments - The company successfully completed a private placement project in December 2020, raising approximately CNY 550 million, which improved its financial status and reduced the debt-to-asset ratio[44] - The company has invested RMB 258,185,874.84 in fundraising projects, with an additional RMB 16,600,000.00 used to increase capital in its wholly-owned subsidiary, Guangdong Yilida Fan Co., Ltd.[76] - The company reported a net interest income of RMB 13,891,298.05 after deducting bank fees from the cumulative interest income of the raised funds[77] - The company has not made any changes to its committed investment projects, maintaining the original investment amounts[79] Risk Management - The company has identified potential risks including supply chain disruptions and increased competition, with strategies in place to mitigate these risks[5] - The company has established a governance structure to protect the rights of shareholders, particularly minority shareholders[133] - The company maintains a robust internal control system, with no major or important defects reported[200] Corporate Governance - The company maintains its independence in operations and governance, ensuring no competition with controlled entities[98] - The company has established a complete and independent personnel management system, ensuring no overlap with shareholders[188] - The company held its annual general meeting with a participation rate of 40.74% on May 14, 2020, and a temporary shareholders' meeting with a participation rate of 46.62% on July 20, 2020[190] - The independent directors attended 9 board meetings, with 3 in-person and 6 via communication, and attended 3 shareholder meetings during the reporting period[191] Employee Management - Total employee count is 2,440, with 495 in the parent company and 1,945 in major subsidiaries[178] - Employee compensation totaled CNY 266.03 million, accounting for 23.44% of total company costs[179] - The company has implemented a training program to enhance employee skills and management capabilities[180] Dividend Policy - Zhejiang Yilida will not distribute cash dividends or issue bonus shares for the fiscal year 2020[6] - The company did not distribute cash dividends in 2020, with a cash dividend amount of 0.00 and a net profit attributable to ordinary shareholders of 25,104,964.02, resulting in a cash dividend payout ratio of 0.00%[95] - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the current fiscal year[96] Environmental and Social Responsibility - The company emphasizes energy conservation and environmental protection as key components of its sustainable development strategy[139] - The company has established a specialized organization for environmental management and conducts regular environmental hazard inspections[134] - The company has achieved energy efficiency testing laboratory qualifications for its fan products and has multiple products certified as national energy-saving products[135] Legal and Compliance - The current auditor is Tianzhi International Accounting Firm, with an audit fee of 1.13 million yuan and a continuous service period of 2 years[109] - There were no significant litigation or arbitration matters affecting the company during the reporting period[111] - The company did not face any penalties or rectification requirements during the reporting period[112]

Financial Performance - The company's operating revenue for Q1 2021 was ¥421,422,660.34, representing a 132.58% increase compared to ¥181,193,861.86 in the same period last year[7] - Net profit attributable to shareholders was ¥8,512,951.05, a significant turnaround from a loss of ¥8,911,926.88 in the previous year, marking a 195.52% increase[7] - The net profit after deducting non-recurring gains and losses was ¥5,318,121.01, compared to a loss of ¥11,324,429.09 last year, reflecting a 146.96% improvement[7] - Basic and diluted earnings per share were both ¥0.0150, compared to a loss of ¥0.0205 per share in the previous year, indicating a 173.17% increase[7] - The company reported a net profit of CNY 5,969,200.83 for the current period, compared to a loss of CNY 1,723,571.25 in the previous period[34] - The net profit for the first quarter of 2021 was CNY 7,842,872.12, a turnaround from a net loss of CNY 12,420,764.21 in the same period last year[38] - The total comprehensive income for the first quarter was CNY 8,094,506.15, compared to a loss of CNY 11,359,552.26 in the same period last year[39] - The company reported a total profit of CNY 9,884,261.77 for the first quarter, compared to a loss of CNY 13,425,216.64 in the same period last year[38] Cash Flow - The net cash flow from operating activities reached ¥37,789,391.90, a substantial increase of 388.37% from a negative cash flow of ¥13,104,447.18 in the same period last year[7] - Cash flow from operating activities improved significantly to ¥37.79 million in Q1 2021, compared to a negative cash flow of ¥13.10 million in Q1 2020, marking a 388.37% increase[15] - The net cash flow from operating activities for Q1 2021 was ¥37,789,391.90, a significant improvement compared to a net outflow of ¥13,104,447.18 in Q1 2020, indicating a recovery in operational efficiency[46] - Total cash inflow from financing activities was ¥171,962,881.36, while cash outflow was ¥383,677,029.58, resulting in a net cash flow of -¥211,714,148.22, compared to a positive net cash flow of ¥48,004,993.06 in the previous year[47] - The net cash flow from investing activities was -¥6,797,091.27, an improvement from -¥34,785,598.43 in Q1 2020, indicating a reduction in cash outflow related to investments[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,425,901,922.55, a slight increase of 0.23% from ¥3,418,012,138.43 at the end of the previous year[7] - The total assets of the company as of March 31, 2021, were ¥3.43 billion, slightly up from ¥3.42 billion at the end of 2020[28] - Total liabilities decreased to CNY 802,119,567.54 from CNY 804,048,594.95 in the previous period[34] - Total liabilities amounted to CNY 1,655,948,797.18, with current liabilities at CNY 1,503,162,863.64[54] - Non-current liabilities totaled CNY 152,785,933.54, including long-term loans of CNY 65,854,551.84[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,781[10] - The largest shareholder, Zhejiang Zheshang Asset Management Co., Ltd., held 37.11% of the shares, amounting to 210,131,981 shares[10] - Net assets attributable to shareholders amounted to ¥1,541,314,582.86, up 0.56% from ¥1,532,667,171.38 at the end of the last year[7] - The equity attributable to shareholders of the parent company increased to CNY 1,494,277,611.97, compared to CNY 1,486,584,839.89 at the end of 2020[34] Research and Development - Research and development expenses increased by 40.42% to ¥18.76 million in Q1 2021, up from ¥13.36 million in Q1 2020, reflecting increased investment in R&D[14] - Research and development expenses increased to CNY 4,951,641.53 from CNY 2,074,715.11, reflecting the company's commitment to innovation[41] Inventory and Receivables - Prepayments increased by 37.68% to ¥108.55 million as of March 31, 2021, up from ¥78.85 million at the end of 2020, primarily due to increased advance payments for steel and chips[14] - The total amount of receivables was CNY 220,268,486.90, with accounts receivable at CNY 186,595,928.63[56] - Inventory increased to CNY 71,904,383.06 from CNY 49,764,295.36[31] Other Financial Metrics - The company reported non-recurring gains of ¥3,194,830.04 during the period, primarily from government subsidies and asset disposals[8] - The company experienced a significant reduction in short-term borrowings, decreasing by 18.14% to ¥633.21 million from ¥773.68 million at the end of 2020[28] - The company has shown a strong recovery in financial performance, with a focus on expanding its market presence and enhancing product offerings[41] - The company adopted new leasing standards effective January 1, 2021, impacting the financial statements[57] - The total owner's equity decreased by CNY 1,723,571.25, indicating a negative retained earnings balance[57]

浙江亿利达风机股份有限公司 2020 年第三季度报告全文 浙江亿利达风机股份有限公司 2020 年第三季度报告 2020-069 2020 年 10 月 1 浙江亿利达风机股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人吴晓明、主管会计工作负责人张俊及会计机构负责人(会计主管 人员)阮丹荷声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江亿利达风机股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 3,005,842,308.79 | | 3,081,831,352.29 | -2.47% | | 归属于上市公司股东的净资产 | ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥566,792,165.97, a decrease of 14.91% compared to ¥666,097,307.48 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥12,611,503.19, down 34.06% from ¥19,125,003.05 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥3,061,318.36, an increase of 238.79% compared to a loss of ¥2,205,667.27 in the same period last year[18]. - The net cash flow from operating activities was ¥32,895,927.57, a decline of 69.11% from ¥106,493,484.97 in the previous year[18]. - The basic earnings per share were ¥0.0290, down 33.18% from ¥0.0434 in the same period last year[18]. - The diluted earnings per share were also ¥0.0290, reflecting the same decline of 33.18% compared to the previous year[18]. - The weighted average return on equity was 1.24%, a slight decrease from 1.27% in the previous year[18]. - The company reported a net loss of CNY 20,435,000 for the first half of 2020, compared to a loss of CNY 11,973,000 in the same period of 2019, indicating a decline of approximately 70.5% year-over-year[153]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,094,667,978.60, an increase of 0.42% from ¥3,081,831,352.29 at the end of the previous year[18]. - The total liabilities were RMB 1,877,405,927.70, up from RMB 1,797,915,841.67, marking an increase of about 4.4%[128]. - The company's total assets at the end of the reporting period were approximately 1.25 billion, down from 1.27 billion at the beginning of the period[159]. - The company's total equity attributable to shareholders was 1,840,100 million yuan, up from 1,502,337.397 million yuan in the previous year, marking an increase of about 22.5%[152]. Cash Flow - Cash and cash equivalents increased by 42.43% to CNY 426,183,531.17, primarily due to increased financing deposits and positive operating cash flow[52]. - The cash flow from operating activities for the first half of 2020 was CNY 32,895,927.57, down from CNY 106,493,484.97 in the first half of 2019[144]. - The company's cash and cash equivalents at the end of the period increased to ¥47,727,391.67 from ¥62,379,913.26, reflecting a net increase of ¥20,286,639.24[148]. - The total cash inflow from financing activities reached ¥211,171,490.06, an increase from ¥124,228,924.25 in the previous year, representing a growth of 70.0%[148]. Sales and Revenue Breakdown - The company's central air conditioning fan and related accessories sales revenue for the first half of 2020 was approximately 312 million CNY[28]. - The sales revenue from building ventilation fans in the first half of 2020 was approximately 47.08 million CNY[28]. - The sales revenue from cold chain fans in the first half of 2020 was approximately 47.84 million CNY[29]. - Domestic sales contributed 84.46% of total revenue, down 15.49% from the previous year[47]. Research and Development - Research and development investment was CNY 33.93 million, a slight decrease of 2.54% year-on-year[46]. - The company has a strong focus on R&D for energy-efficient and environmentally friendly fan products in response to national energy-saving policies[32]. - The company is committed to ongoing research and development efforts to innovate and improve its technology in wind turbine manufacturing[151]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company plans to enhance its transformation and upgrade efforts, deepen its international strategy, and improve communication with suppliers and customers to mitigate adverse impacts[67]. - The company is focusing on expanding its market presence and enhancing product development in response to changing economic conditions[65]. Risks and Challenges - The COVID-19 pandemic has significantly suppressed demand for central air conditioning, leading to increased uncertainty in the company's fan business for 2020[67]. - The company faces risks related to the acceptance of new products, such as energy-saving motors and vehicle-mounted chargers, which require time for customer technical recognition and market acceptance[66]. - The company is experiencing rising comprehensive management costs due to increased talent acquisition and investments in information technology and training, which may impact profitability[66]. Compliance and Governance - The company has not faced any penalties or corrective actions during the reporting period, indicating compliance with regulations[78]. - There are no violations of external guarantee regulations during the reporting period[95]. - The company's financial statements are prepared based on the assumption of going concern and comply with the latest accounting standards[179].

Financial Performance - The company's revenue for Q1 2020 was ¥181,193,861.86, representing a decrease of 40.56% compared to ¥304,827,659.02 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥8,911,926.88, an improvement of 30.44% from a loss of ¥12,812,285.18 in the previous year[9] - The basic earnings per share improved by 29.31%, with a loss of ¥0.0205 per share compared to a loss of ¥0.0290 per share in the previous year[9] - The net loss for Q1 2020 was CNY 12,420,764.21, compared to a net loss of CNY 18,509,667.95 in the same period last year[44] - The total comprehensive income attributable to the parent company was CNY -8,179,870.32, compared to CNY -13,428,151.82 in the previous period[48] Cash Flow - The net cash flow from operating activities improved by 54.88%, with a net outflow of ¥13,104,447.18 compared to ¥29,041,218.55 in the same period last year[9] - Cash flow from operating activities improved by 54.88%, with a net outflow of ¥13.10 million in Q1 2020 compared to ¥29.04 million in Q1 2019[21] - The net cash flow from operating activities decreased to ¥16,733,457.42 from ¥57,893,658.33, representing a decline of approximately 71.1% year-over-year[55] - The net cash flow from investing activities was -¥14,515,933.98, an improvement from -¥44,246,230.56, showing a reduction in cash outflow by about 67.2%[56] - The net cash flow from financing activities was ¥18,020,419.41, a turnaround from -¥117,292,596.94 in the previous period[56] Assets and Liabilities - Total assets decreased by 4.01% to ¥2,958,227,223.60 from ¥3,081,831,352.29 at the end of the previous year[9] - Current liabilities slightly increased to ¥1.55 billion in Q1 2020 from ¥1.55 billion in Q4 2019[36] - Non-current liabilities decreased to ¥215.86 million in Q1 2020 from ¥250.72 million in Q4 2019[36] - Total liabilities as of March 31, 2020, were CNY 873,502,725.61, compared to CNY 865,920,996.28 at the end of 2019[40] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,583[13] - The top shareholder, Zhejiang Zheshang Asset Management Co., Ltd., held 18.24% of the shares, totaling 79,461,412 shares[13] Operating Costs and Expenses - Operating costs decreased by 42.46% to ¥135.88 million in Q1 2020 from ¥236.14 million in Q1 2019[20] - Sales expenses dropped by 51.20% to ¥13.95 million in Q1 2020, attributed to reduced transportation and business expenses[20] - The company incurred research and development expenses of CNY 2,074,715.11, down from CNY 3,617,507.15 in the previous year[47] - The company reported a decrease in sales expenses to CNY 5,629,101.08 from CNY 12,892,062.39 in the previous period[47] Other Income - The company reported non-operating income of ¥2,412,502.21, primarily from government subsidies and asset disposals[10] - Other income increased by 183.50% to ¥2.17 million in Q1 2020, mainly due to increased government subsidies received[20] Cash and Cash Equivalents - The company's cash and cash equivalents rose to CNY 75,120,359.64 from CNY 57,480,649.26 at the end of 2019[39] - Cash and cash equivalents at the end of the period were CNY 139,436,090.43, compared to CNY 158,095,079.72 at the end of the previous period[53] - The ending cash and cash equivalents balance rose to ¥47,806,311.10 from ¥39,308,415.75, an increase of about 21.0%[56] Audit and Standards - The company did not undergo an audit for the first quarter report[58] - The company has not applied new revenue and leasing standards for the first quarter[57]

Financial Performance - The company reported a significant increase in revenue, achieving a total of RMB 1.5 billion in 2019, representing a year-on-year growth of 15%[14]. - The company's operating revenue for 2019 was approximately ¥1.48 billion, a decrease of 2.00% compared to ¥1.51 billion in 2018[18]. - The net profit attributable to shareholders was a loss of approximately ¥444.51 million, a significant decline of 1,827.32% from a profit of ¥25.73 million in 2018[18]. - The total assets at the end of 2019 were approximately ¥3.08 billion, down 17.20% from ¥3.72 billion at the end of 2018[19]. - The net assets attributable to shareholders decreased by 32.92% to approximately ¥1.01 billion, compared to ¥1.50 billion at the end of 2018[19]. - The company reported a basic earnings per share of -¥1.0129, a decline of 1,843.37% from ¥0.0581 in 2018[18]. - The total operating revenue for 2019 was ¥1,481,215,064.87, a decrease of 2.00% compared to ¥1,511,439,970.45 in 2018[53]. - The company reported a net profit attributable to shareholders of -444,514,213.28 CNY in 2019, indicating a challenging financial year[104]. Revenue and Sales - User data indicated that the company expanded its customer base by 20%, reaching over 10,000 active users by the end of 2019[14]. - The company has set a revenue target of RMB 1.8 billion for 2020, which reflects a growth guidance of 20% compared to 2019[14]. - The sales revenue from central air conditioning fans and related components was approximately ¥883 million in 2019[30]. - The sales revenue from building ventilation fans was approximately ¥119 million in 2019[30]. - The sales revenue from cold chain fans was approximately ¥42.42 million in 2019[31]. - In 2019, the company's fan business achieved a sales revenue of 1.006 billion yuan, representing a year-on-year growth of 1.86%[45]. - The revenue from the fan manufacturing industry was ¥1,005,997,757.37, accounting for 67.91% of total revenue, with a year-on-year increase of 1.86%[53]. - The revenue from the automotive parts die-casting industry increased by 76.24% to ¥204,364,018.30, while the revenue from new energy vehicle parts manufacturing decreased by 36.80% to ¥149,680,096.39[53]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share in the region by 2022[14]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance production capacity by 30%[14]. - The company has successfully completed the acquisition of a controlling stake in Zhejiang Sanjin Technology, enhancing its product portfolio[17]. - The company has established long-term partnerships with major air conditioning manufacturers, enhancing its market position[30]. - The company has established business partnerships with major clients such as SAIC Motor, Weichai Power, and Getrag, enhancing its market position in the automotive sector[36]. - The company is focusing on transforming and upgrading its operations, enhancing international strategies, and improving communication with suppliers and customers to mitigate risks[96]. Research and Development - The company has invested RMB 50 million in new technology for product innovation, aiming to improve efficiency by 25%[14]. - Research and development expenses rose by 17.91% to ¥94,648,488.11, reflecting the company's commitment to innovation[64]. - The total amount of research and development investment reached ¥108,157,125.84, which is 7.30% of total operating revenue, up from 5.96% in the previous year[66]. - The company completed 56 out of 67 research projects focused on energy-efficient and noise-reducing fans, with several products gaining customer recognition and forming orders[49]. - The company has accumulated 220 patents, including 37 invention patents, showcasing its commitment to technological innovation[41]. - The company emphasizes energy conservation and environmental protection as key components of its sustainable development strategy[146]. Risk Management - The management highlighted potential risks including market competition and regulatory changes, with strategies in place to mitigate these risks[5]. - The company faced risks from fluctuations in raw material prices, particularly galvanized steel, cold-rolled steel, and aluminum, which could impact operational performance[94]. - The company has established a financial warning mechanism to enhance risk management capabilities, improving the financial management system across subsidiaries[48]. - The company is focusing on developing new products such as energy-saving motors and automotive lightweight components, which may face market acceptance risks[95]. Corporate Governance - The company emphasizes the importance of party leadership in enhancing corporate governance and operational effectiveness[93]. - The company has committed to maintaining independent operations and governance structures, ensuring no competitive activities with its controlling entities[106]. - The company has established an internal control system based on its Articles of Association to protect shareholder rights[141]. - The company has committed to fair and transparent information disclosure to safeguard the interests of all shareholders[141]. - The company has outlined its commitment to uphold its governance and operational independence in the face of potential competitive pressures[106]. Employee and Management Structure - The total number of employees in the company is 2,698, with 517 in the parent company and 2,181 in major subsidiaries[182]. - The company has a diverse board with independent directors holding multiple positions across various organizations[177]. - The company has established a compensation system that includes basic salary, additional salary, and performance salary to align employee responsibilities and benefits[184]. - The company conducted various training programs to enhance employee skills and management capabilities, ensuring alignment with corporate development strategies[185]. - The management structure includes a compensation and assessment committee responsible for determining remuneration based on performance[178]. Acquisitions and Investments - The company acquired Shenzhen Shengshi New Energy Technology Co., Ltd. for ¥22,430,000, fully funded by self-raised capital[78]. - The company acquired 100% of Shenzhen Shengshi New Energy Technology Co., Ltd. on December 19, 2019, for CNY 22,430,000.00, marking a strategic expansion[115]. - The company reported a significant decrease in investment amounting to ¥22,430,000, a decline of 92.13% compared to the previous year[76]. Social Responsibility and Environmental Initiatives - The company actively participates in social responsibility initiatives, including community development and environmental governance[144]. - The company has established a three-level environmental management network and conducts regular environmental hazard inspections[142]. - The company focuses on technological innovation to reduce product energy consumption and develop energy-saving products[142].

Revenue and Profit - The company's revenue for Q1 2020 was ¥181,193,861.86, a decrease of 40.56% compared to ¥304,827,659.02 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥8,911,926.88, an improvement of 30.44% from a loss of ¥12,812,285.18 in the previous year[8] - Revenue for Q1 2020 was ¥181.19 million, a decrease of 40.56% compared to ¥304.83 million in Q1 2019, primarily due to the impact of the pandemic[19] - The net loss for Q1 2020 was CNY 12,420,764.21, compared to a net loss of CNY 18,509,667.95 in the same period last year, indicating an improvement[43] - The total comprehensive income attributable to the parent company was CNY -8,179,870.32, compared to CNY -13,428,151.82 in the previous period[47] Cash Flow - The net cash flow from operating activities improved by 54.88%, reaching -¥13,104,447.18 compared to -¥29,041,218.55 in the same period last year[8] - Cash flow from operating activities improved by 54.88%, with a net outflow of ¥13.10 million in Q1 2020 compared to ¥29.04 million in Q1 2019, due to reduced cash payments for purchases[20] - The cash flow from operating activities showed a net outflow of CNY 13,104,447.18, an improvement from a net outflow of CNY 29,041,218.55 in the previous period[51] - Cash inflow from financing activities increased significantly to ¥106,325,848.29 from ¥1,385,370.06, marking a growth of approximately 7,668.5%[55] - The net cash flow from financing activities was ¥18,020,419.41, a turnaround from -¥117,292,596.94 in the previous period[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,958,227,223.60, down 4.01% from ¥3,081,831,352.29 at the end of the previous year[8] - Current liabilities slightly increased to ¥1.55 billion as of March 31, 2020, compared to ¥1.55 billion as of December 31, 2019[35] - Non-current liabilities decreased to ¥215.86 million as of March 31, 2020, from ¥250.72 million as of December 31, 2019[35] - Total liabilities as of March 31, 2020, were CNY 873,502,725.61, compared to CNY 865,920,996.28 at the end of 2019[39] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,583[12] - The top shareholder, Zhejiang Zheshang Asset Management Co., Ltd., held 18.24% of the shares, totaling 79,461,412 shares[12] Operating Costs and Expenses - Operating costs decreased by 42.46% to ¥135.88 million in Q1 2020 from ¥236.14 million in Q1 2019, attributed to reduced production time[19] - Sales expenses dropped by 51.20% to ¥13.95 million in Q1 2020 from ¥28.58 million in Q1 2019, mainly due to lower transportation and business expenses[19] - Total operating costs for Q1 2020 were CNY 205,460,523.76, down from CNY 332,877,052.27 in the previous period[42] Research and Development - Research and development expenses for Q1 2020 were CNY 13,360,153.60, down from CNY 16,889,313.96 in the previous period[42] - Research and development expenses amounted to CNY 2,074,715.11, down from CNY 3,617,507.15 in the previous year[46] Other Income and Expenses - The company reported non-operating income of ¥2,412,502.21, primarily from government subsidies and asset disposals[9] - Other income increased by 183.50% to ¥2.17 million in Q1 2020, driven by increased government subsidies received[19] - The company incurred a credit impairment loss of CNY 1,436,146.60, compared to CNY 1,748,640.01 in the previous period[47] Audit and Standards - The company did not undergo an audit for the first quarter report[57] - The company has not applied new revenue and leasing standards for the current reporting period[56]