证券代码：002692 证券简称：ST 远程 公告编号：2023-030 远程电缆股份有限公司 关于公司股票被实行其他风险警示相关事项的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 1、远程电缆股份有限公司（以下简称"公司"或"本公司"）因存在未履行 审批决策程序对外担保的情形，根据《深圳证券交易所股票上市规则》第 13.3 条 相关规定，公司股票于 2019 年 6 月 4 日开市起被实施其他风险警示，具体内容详 见公司披露的《关于公司股票被实行其他风险警示的公告》（公告编号：2019-042）。 | 债权人 | 被担保人 | 诉讼(仲裁)进展 | 判决结果 | 承担担保 | 担保余额 | | --- | --- | --- | --- | --- | --- | | | | | | 责任情况 | （万元） | | 马根木 | 杭州秦商体育文 | 一审已裁定 | 法院已驳回马根木对公司的起诉。 | -- | 1,788.06 | | | 化有限公司 | | | | | 截至目前，公司因违规担保等相关案件导致被划扣 52,077.71 ...

证券代码： 002692 证券简称：ST 远程 远程电缆股份有限公司投资者关系活动记录表 | --- | --- | --- | |--------------|------------------------------------------------------|----------------------| | | | 20230519 | | | □ 特定对象调研 | | | 投资者关系活 | □ 媒体采访 | | | 动类别 | □ 新闻发布会 □ | | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称 | | | | | 投资者网上提问 | | | 及人员姓名 | | | | 时间 | 2023 年 5 月 19 日 | | | | 公司通过全景网"投资者关系互动平台"（ | https://ir.p5w.net） | | 地点 | 采用网络远程的方式召开业绩说明会 | | | | 1、董事长汤兴良 | | | 上市公司接待 | 2、董事兼总经理孙振华3、董事、副总经理兼财务总监马琪 | | | 人员姓名 | | | | | 4、独立董事冯凯燕 | | | | 5、董 ...

证券代码：002692 证券简称：ST 远程 公告编号：2023-018 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提前 向广大投资者公开征集问题，投资者可于 2023 年 5 月 18 日（星期四）17:00 前访 问 https://ir.p5w.net/zj/，或扫描下方二维码进入问题征集专题页面。公司将在 2022 年 度业绩说明会上，对投资者普遍关注的问题进行回答。在业绩说明会期间，投资者 仍可登陆活动界面进行互动提问。 （问题征集专题页面二维码） 欢迎广大投资者积极参与。 特此公告。 远程电缆股份有限公司 关于举行 2022 年度业绩网上说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 远程电缆股份有限公司(以下简称"公司")2022 年年度报告及摘要已经公司第 五届董事会第三次会议审议通过，详情请见 2023 年 4 月 25 日在巨潮资讯网 （www.cninfo.com.cn）上披露的《2022 年年度报告》及《2022 年年度报告摘要》。 为便于广大投资者更深入全面地了解公司经营情况，公司定于 202 ...

Financial Performance - The company's revenue for Q1 2023 was ¥581,626,500.12, representing a 9.18% increase compared to ¥532,723,199.14 in the same period last year[3] - Net profit attributable to shareholders decreased by 65.75% to ¥5,497,629.92 from ¥16,049,284.84 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥5,022,241.39, a significant increase of 405.63% compared to a loss of ¥1,643,247.82 in the previous year[3] - Total revenue for Q1 2023 was 6,188,975.28, a decrease of 65.25% compared to 17,811,570.14 in Q1 2022, primarily due to credit impairment losses from the previous period[8] - Net profit for Q1 2023 was 5,497,630.45, down 65.75% from 16,049,280.93 in Q1 2022, mainly attributed to the reversal of credit impairment losses in the prior period[8] - Operating profit for Q1 2023 was 5,275,875.60, a decline of 70.28% from 17,752,209.09 in Q1 2022, largely due to the previous period's credit impairment reversal[8] - Other income decreased by 35.17% to 122,692.44 from 189,251.06 in Q1 2022, mainly due to a reduction in government subsidies[8] - The total comprehensive income for Q1 2023 was CNY 5,497,630.45, significantly lower than CNY 23,174,080.93 in Q1 2022[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥134,786,943.63, worsening by 82.02% from -¥74,049,881.09 in the same period last year[3] - Cash flow from operating activities showed a net outflow of -134,786,943.63, a decrease of 82.02% compared to -74,049,881.09 in Q1 2022, reflecting reduced cash inflow from sales[8] - Cash and cash equivalents at the end of Q1 2023 increased by 195.33% to 91,069,187.07 from 30,836,552.63 in Q1 2022[9] - The company's cash and cash equivalents decreased to CNY 122,911,827.02 from CNY 161,939,782.66 at the beginning of the year, a decline of 24%[14] - The company raised CNY 365,000,000.00 through borrowings in Q1 2023, compared to CNY 12,729,968.00 in cash received from other financing activities[21] Assets and Liabilities - Total assets increased by 3.18% to ¥2,533,382,083.25 from ¥2,455,276,684.00 at the end of the previous year[3] - The total liabilities decreased significantly, with non-current liabilities down by 58.89% to ¥18,885,539.00, mainly due to a reduction in pending litigation balances[6] - The total liabilities increased to CNY 1,478,760,975.35 from CNY 1,406,153,206.55, reflecting a rise of 5.1%[16] - The total assets of the company as of March 31, 2023, were CNY 2,533,382,083.25, compared to CNY 2,455,276,684.00 at the beginning of the year, an increase of 3.2%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,926[10] - The top shareholder, Wuxi Suxin Industry Optimization Adjustment Investment Partnership, holds 18.11% of the shares, totaling 130,091,326 shares[10] Operational Metrics - The company's accounts receivable increased by 52.02% to ¥122,817,694.70, primarily due to an increase in commercial acceptance bills[6] - The construction in progress rose by 86.43% to ¥25,910,503.44, attributed to increased installation and infrastructure projects[6] - Total operating revenue for Q1 2023 was CNY 581,626,500.12, an increase of 9.2% compared to CNY 532,723,199.14 in Q1 2022[18] - Total operating costs for Q1 2023 were CNY 575,300,071.15, up from CNY 542,025,814.34 in the same period last year, reflecting a rise of 6.1%[18] - Inventory rose significantly to CNY 373,816,740.04 from CNY 289,556,006.33, marking an increase of 29.2%[14] - Short-term borrowings increased to CNY 1,058,729,321.47 from CNY 933,513,322.44, representing a growth of 13.4%[15] Research and Development - Research and development expenses were CNY 10,605,518.60, slightly down from CNY 11,629,505.62 in the previous year[19] Financial Ratios - The weighted average return on equity decreased to 0.51% from 1.59% year-on-year, a decline of 1.08%[3] - Basic and diluted earnings per share were both CNY 0.0077, down from CNY 0.0223 in the same quarter last year[20] - The company incurred financial expenses of CNY 8,752,793.92, an increase from CNY 7,305,128.75 in Q1 2022[19]

Financial Performance - The company's operating revenue for 2022 was ¥3,018,195,285.10, representing a 0.56% increase compared to ¥3,001,268,959.69 in 2021[24]. - The net profit attributable to shareholders for 2022 was ¥67,957,040.99, a significant increase of 47.74% from ¥45,996,230.44 in 2021[24]. - Basic earnings per share for 2022 were ¥0.0946, up 47.81% from ¥0.0640 in 2021[24]. - The net profit after deducting non-recurring gains and losses for 2022 was ¥20,159,190.88, a 15.30% increase from ¥17,484,282.32 in 2021[24]. - The company reported a significant improvement in net profit compared to a loss of ¥133,846,067.83 in 2020[24]. - The total revenue for the wire and cable segment was approximately CNY 2.98 billion, accounting for 98.84% of total revenue, with a year-on-year increase of 0.69%[46]. - The gross profit margin for the wire and cable segment decreased to 10.82%, down by 1.11% compared to the previous year[48]. - The company achieved a total sales revenue of CNY 3,018,195,285.10 in 2022, representing a year-on-year increase of 0.56%[45]. Cash Flow and Assets - The net cash flow from operating activities decreased by 83.55% to ¥30,635,791.73 in 2022, down from ¥186,202,287.09 in 2021[24]. - The total assets at the end of 2022 were ¥2,455,276,684.00, a decrease of 3.69% from ¥2,549,285,456.51 at the end of 2021[24]. - The net assets attributable to shareholders increased by 6.80% to ¥1,067,448,256.27 at the end of 2022, compared to ¥999,491,215.28 at the end of 2021[24]. - The total investment amount for the reporting period was CNY 0, a decrease of 100% compared to CNY 10,000,000.00 in the previous year[64]. - The total number of employees at the end of the reporting period was 915, with 646 in the parent company and 269 in major subsidiaries[112]. Research and Development - The company has applied for 15 patents and received 21 utility model patents in 2022, indicating a strong focus on innovation and new product development[43]. - Research and development expenses increased by 2.37% to approximately CNY 42.48 million[55]. - The company aims to expand its product offerings and enhance competitiveness through various R&D projects focused on innovative cable technologies[56][57]. - The company is investing 200 million yuan in R&D for new technologies aimed at enhancing product efficiency[99]. Market Position and Strategy - The company operates in the wire and cable manufacturing industry, which is a crucial sector in the national economy, with an annual output value exceeding ¥1 trillion in China[32]. - The company focuses on R&D and production of power cables up to 500kV, special cables, and electrical equipment cables, holding multiple industry certifications[35]. - The company has established a competitive advantage in high-end markets, particularly in nuclear power and high-voltage cable sectors[36]. - The company is positioned to benefit from the growing demand in sectors such as 5G, new energy, and infrastructure projects driven by national policies[34]. - The company plans to expand its market presence and enhance product offerings in response to changing customer demands and market conditions[49]. Corporate Governance - The company maintains a robust corporate governance structure, ensuring compliance with relevant laws and regulations[82]. - The board of directors includes 9 members, with 3 independent directors, ensuring a balanced governance structure[83]. - The company strictly adheres to information disclosure regulations, ensuring accurate and timely information for all shareholders[84]. - The company has established a good corporate image by respecting the rights of stakeholders and maintaining fair practices[84]. - The company has a complete and independent production, supply, and sales system, allowing it to operate without reliance on controlling shareholders[87]. Risks and Challenges - The company faces risks from changes in industry policies and raw material price fluctuations, which could impact operational performance[76]. - The company has implemented a hedging strategy for raw materials like copper and aluminum to mitigate cost volatility risks[76]. - The company has reported a total of 30,301.20 million CNY in non-operating fund occupation by the former controlling shareholder, Qinshang Sports, due to violations such as guarantees[137]. - The company has a total of RMB 9.864 billion in ongoing litigation matters, with various cases still in progress[149]. Employee and Remuneration - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 600.30 million[102]. - The company has established a performance evaluation system linking remuneration to company performance and individual performance[102]. - The company emphasizes employee training, developing annual training plans that include professional skills and corporate culture[114]. - The company has a total of 99 employees with a bachelor's degree or higher, and 704 employees with less than a college degree[112]. Community Engagement and Environmental Responsibility - The company has received honors such as Jiangsu Province Green Factory and Jiangsu Province Intelligent Manufacturing Demonstration Workshop[130]. - The company donated 180,000 yuan worth of materials to support the construction of a convenience service center in a local village[131]. - The company has implemented measures to control pollution and reduce carbon emissions, with no environmental violations reported during the period[127]. - The company is actively developing new energy power cables to align with green development goals[130]. Future Outlook - In 2023, the company aims to enhance operational quality and market expansion while focusing on brand strategy and customer satisfaction[74]. - The company plans to strengthen its marketing system and expand its marketing network, targeting new growth areas and enhancing brand influence[75]. - The company provided a positive outlook for the next quarter, projecting a revenue growth of 25%[99].

Revenue and Profit - Revenue for Q3 2022 was CNY 801,610,141.48, a decrease of 6.13% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was CNY 7,549,184.79, an increase of 38.40% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 8,502,269.67, up 85.16% from the previous year[5] - Basic earnings per share for Q3 2022 was CNY 0.0105, reflecting a 38.16% increase year-over-year[5] - Net profit for Q3 2022 reached CNY 35,914,268.41, a significant increase of 153.5% compared to CNY 14,150,643.45 in Q3 2021[21] - Earnings per share for Q3 2022 were CNY 0.0500, compared to CNY 0.0197 in the same quarter last year, marking a 153.8% increase[21] Assets and Liabilities - Total assets as of September 30, 2022, were CNY 2,539,246,761.27, a decrease of 0.39% from the end of the previous year[5] - Total assets as of the end of Q3 2022 amounted to CNY 2,539,246,761.27, slightly down from CNY 2,549,285,456.51 at the end of the previous quarter[19] - Total liabilities decreased to CNY 1,522,165,916.05 from CNY 1,568,118,879.70, indicating a reduction of approximately 2.9%[19] - The company's total equity increased to CNY 1,017,080,845.22, up from CNY 981,166,576.81, reflecting a growth of 3.7%[19] - The total non-current assets were CNY 471,677,120.75, down from CNY 503,723,465.22, indicating a decrease of 6.4%[19] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 34,514,686.01, a decrease of 51.76% compared to the previous year[5] - The total cash inflow from operating activities for the period was ¥2,335,094,003.34, a decrease of 15.4% compared to ¥2,762,312,786.11 in the previous period[22] - The net cash flow from operating activities was -¥34,514,686.01, improving from -¥71,552,655.83 in the same period last year[22] - Cash inflow from investment activities was ¥2,105,551.92, down from ¥6,340,744.00 in the previous period, resulting in a net cash outflow of -¥4,771,235.50[22] - The cash inflow from financing activities totaled ¥1,295,729,968.00, compared to ¥327,895,999.24 in the previous period, leading to a net cash flow of ¥56,525,358.33[23] - The ending balance of cash and cash equivalents was ¥159,077,119.80, an increase from ¥46,488,547.92 in the previous period[23] - The company reported a decrease in cash received from sales of goods and services, totaling ¥2,199,067,382.01, down from ¥2,302,103,052.28[22] - The cash paid for purchasing goods and services was ¥2,010,817,235.25, a decrease from ¥2,134,930,372.75 in the previous period[22] - The cash paid to employees increased to ¥81,699,614.66 from ¥62,909,435.13 in the previous period[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,136[10] - The top shareholder, Wuxi Suxin Industry Optimization Adjustment Investment Partnership, holds 18.11% of shares, totaling 130,091,326 shares[10] Other Financial Metrics - The company reported a significant increase in prepayments, which rose by 1109.69% to CNY 28,491,194.05 due to increased material payments[7] - Short-term borrowings surged by 4351.70% to CNY 1,012,619,926.11, primarily to supplement liquidity and repay long-term borrowings[7] - The company experienced a 224.51% increase in credit impairment losses, amounting to CNY 22,136,734.76, mainly due to reduced losses from litigation matters[8] - Research and development expenses for Q3 2022 were CNY 39,438,787.16, slightly down from CNY 40,754,734.97 in the previous year[20] - The company reported an investment income of CNY 2,658,324.62, compared to CNY 3,942,858.00 in the same period last year, showing a decline of 32.5%[20] Legal Matters - The company reported a total of 9,864.51 million RMB in litigation and arbitration cases, accounting for 9.87% of the latest audited net assets[13] - The company has initiated a lawsuit against multiple parties, with a court ruling requiring payment of 27,158,651.85 RMB plus interest[14] Inventory and Receivables - Accounts receivable increased from 1,155,346,191.33 RMB at the beginning of the year to 1,406,309,691.86 RMB, representing an increase of about 21.6%[15] - Inventory decreased from 359,138,310.17 RMB to 292,127,565.34 RMB, a reduction of approximately 18.6%[15] Audit Status - The report for the third quarter was not audited[24]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,452,251,513.08, representing a 6.30% increase compared to ¥1,366,158,474.10 in the same period last year[24]. - Net profit attributable to shareholders of the listed company reached ¥28,365,085.66, a significant increase of 226.09% from ¥8,698,622.78 in the previous year[24]. - Basic earnings per share increased to ¥0.0395, up 226.45% from ¥0.0121 in the same period last year[24]. - The company achieved a sales revenue of 145,225.15 million yuan, representing a year-on-year growth of 6.30%[34]. - The net profit attributable to the parent company was 2,836.51 million yuan, an increase of 226.09% year-on-year[34]. - The company's operating revenue for the reporting period was ¥1,452,251,513.08, representing a year-on-year increase of 6.30% compared to ¥1,366,158,474.10 in the previous year[44]. - The operating cost increased by 10.35% to ¥1,282,346,061.47 from ¥1,162,081,937.49, resulting in a decrease in gross margin[44]. - The company reported a substantial increase in financing cash flow, reaching ¥44,007,765.61, up 3,237.52% from ¥1,318,578.17[44]. Cash Flow and Assets - The net cash flow from operating activities was -¥135,976,808.31, a decline of 152.86% from -¥53,774,722.98 in the previous year[24]. - Total assets at the end of the reporting period were ¥2,571,926,111.53, reflecting a 0.89% increase from ¥2,549,285,456.51 at the end of the previous year[24]. - The company's cash and cash equivalents decreased to ¥160,898,646.31, down from ¥270,578,951.85, a decline of 4.35% in total assets[49]. - Accounts receivable increased by 10.01% to ¥1,422,977,825.03, up from ¥1,155,346,191.33 in the previous year[49]. - The company's current assets totaled RMB 2,086,672,546.69, slightly up from RMB 2,045,561,991.29 at the beginning of the year[128]. - The company's total liabilities of the company were RMB 1,561,597,868.60, compared to RMB 1,568,118,879.70 at the beginning of the year, indicating a slight decrease[131]. Research and Development - Research and development investment was ¥25,993,327.41, a slight increase of 0.67% from ¥25,819,194.28 in the previous year[44]. - The company has established a provincial engineering technology research center and a CNAS national recognized laboratory, enhancing its R&D capabilities[39]. - The company is actively involved in the development of new products, including nuclear-grade cables and fire-resistant cables, to meet market demands[39]. - The company’s products have passed multiple international certifications, including ISO9001, ISO14001, and ISO45001, ensuring high-quality standards[34]. Market Position and Strategy - The company focuses on high-voltage cross-linked polyethylene insulated power cables, which are widely used in power systems and have received high customer evaluations[33]. - The domestic wire and cable industry has a market scale exceeding one trillion yuan, with the company positioned to benefit from ongoing urbanization and infrastructure projects[38]. - The company adopts a differentiated competition strategy, focusing on products with competitive advantages to maintain profitability and sustainable growth[40]. - The company primarily serves large clients such as the State Grid Corporation, which helps avoid price competition and improves sales collection rates[40]. Risk Management - The company faces risks related to changes in industrial policies, raw material price fluctuations, product sales seasonality, product quality, talent shortages, and litigation[62][63]. - The company has implemented a hedging strategy to mitigate risks associated with price fluctuations in raw materials like copper and aluminum[57]. - The company has established a risk management framework for its derivative investments to prevent potential losses from market volatility[57]. Corporate Governance and Compliance - The company emphasizes the protection of shareholder and creditor rights, ensuring compliance and transparency in operations[71]. - The company has pledged to minimize and regulate related party transactions to ensure fair trading practices[76]. - The company is committed to maintaining its independence in financial management, ensuring that its financial accounting department operates independently[76]. Legal Matters - The company is involved in a significant lawsuit with Shanghai Rui Xi, with a claim amounting to 14,000 million CNY[84]. - The company is actively pursuing legal actions to recover debts and compensation from multiple parties involved in disputes[86]. - The company has reported a total compensation amount of 11,593.30 million CNY and interest to be paid by Qinshang Sports within ten days of the judgment[85]. Community Engagement and Sustainability - During the reporting period, the company donated CNY 180,000 worth of materials to support the construction of a convenience service center in the local community, enhancing the overall environment and residents' happiness[73]. - The company is actively developing new energy power cables to align with the "dual carbon" goals, focusing on green development and sustainable practices[73]. - The company has implemented measures to reduce production energy consumption and material usage, achieving a win-win situation for economic and environmental benefits[73]. Shareholder Information - The largest shareholder, Wuxi Suxin Industry Optimization Adjustment Investment, holds 18.11% of the shares, totaling 130,091,326 shares[117]. - The total number of common stock shareholders at the end of the reporting period was 12,283[117]. - The company has implemented a lock-up period for shares held by directors and senior management after their resignation, affecting 24,870,060 shares[112]. Financial Reporting and Accounting - The financial report for the first half of 2022 was not audited[127]. - The company adheres to the accounting standards set by the Ministry of Finance and prepares financial statements based on the going concern assumption[172]. - The financial statements accurately reflect the company's financial position and operating results as of June 30, 2022[180].

Financial Performance - The company's operating revenue for Q1 2022 was ¥532,723,199.14, a decrease of 12.16% compared to ¥606,491,605.29 in the same period last year[3] - Net profit attributable to shareholders was ¥16,049,284.84, representing a significant increase of 2,561.26% from ¥603,071.91 year-on-year[3] - The company's operating profit for Q1 2022 was ¥17,752,209.09, a substantial increase of 1,424.21% compared to ¥1,164,682.28 in the same period last year[6] - Total revenue for Q1 2022 reached 17,811,570.14, a significant increase of 781.04% compared to 2,021,654.80 in Q1 2021, primarily due to the reversal of credit impairment losses[7] - Net profit for Q1 2022 was 16,049,280.93, reflecting a remarkable growth of 2,561.25% from 603,073.05 in the same period last year, mainly attributed to the reversal of credit impairment losses[7] - The total comprehensive income attributable to the parent company was CNY 23,174,084.84, compared to CNY 603,071.91 in the previous period[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥74,049,881.09, a decline of 13.04% compared to -¥65,508,266.25 in the previous year[3] - Cash paid to employees increased by 44.85% to 38,497,967.04 in Q1 2022, compared to 26,577,552.77 in Q1 2021, due to adjustments in performance assessment plans[7] - Cash flow from investment activities showed a significant increase of 1,036.94%, amounting to 898,605.65 in Q1 2022, up from 79,037.00 in Q1 2021, driven by increased purchases of equipment and software[7] - Cash and cash equivalents decreased by 63.63% to -111,001,130.35 in Q1 2022, compared to -67,835,327.42 in Q1 2021, due to changes in operating receivables and financing scale[7] - The company's cash and cash equivalents decreased to ¥185,399,812.92 from ¥270,578,951.85, a decline of 31.5%[13] - The ending balance of cash and cash equivalents was CNY 30,836,552.63, down from CNY 48,106,041.10 in the previous period[22] - Cash inflow from operating activities totaled CNY 688,790,207.89, down from CNY 707,369,959.64 in the previous period[22] - Cash outflow from operating activities was CNY 762,840,088.98, slightly decreased from CNY 772,878,225.89 in the previous period[22] - The company received CNY 12,729,968.00 from financing activities, a significant decrease from CNY 96,431,526.74 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,410,360,665.54, down 5.45% from ¥2,549,285,456.51 at the end of the previous year[3] - Total liabilities decreased to ¥1,406,020,007.80 from ¥1,568,118,879.70, a reduction of 10.34%[15] - The company's equity attributable to shareholders increased by 2.32% to ¥1,022,665,300.12 from ¥999,491,215.28 at the end of the previous year[3] - Accounts receivable decreased to ¥1,125,731,784.04 from ¥1,155,346,191.33, a reduction of 2.55%[13] - Inventory increased to ¥421,437,405.96 from ¥359,138,310.17, reflecting an increase of 17.36%[13] Shareholder Information - The company had a total of 12,890 common shareholders at the end of the reporting period[9] - The largest shareholder, Wuxi Suxin Industry Optimization Adjustment Investment Partnership, held 18.11% of shares, totaling 130,091,326[10] Operational Developments - The company signed a business operation contract with Yu Guoping, granting him the operation rights of Sunan Cable for three years starting from January 1, 2022[11] - The company successfully resolved a civil loan dispute, resulting in a reversal of estimated liabilities of approximately 17,464,800, which will increase the company's profit[11] Other Financial Metrics - Basic and diluted earnings per share were both ¥0.0223, an increase of 2,687.50% from ¥0.0008 in the same period last year[3] - Research and development expenses were ¥11,629,505.62, slightly down from ¥12,141,361.38, indicating a decrease of 4.22%[18] - Non-recurring gains and losses totaled ¥17,692,532.66, primarily from gains unrelated to normal business operations[5] - The company reported a significant increase in other income, which rose by 4,405.98% to ¥189,251.06 due to increased fiscal subsidies[6] - The company experienced a 330.83% increase in credit impairment losses, amounting to ¥23,570,301.06, due to the reversal of estimated liabilities from resolved litigation cases[6] Audit Information - The company did not undergo an audit for the first quarter report[23]

Financial Performance - The company's operating revenue for 2021 was ¥3,001,268,959.69, representing a 13.27% increase compared to ¥2,649,773,036.02 in 2020[20]. - The net profit attributable to shareholders in 2021 was ¥45,996,230.44, a significant turnaround from a loss of ¥133,846,067.83 in 2020, marking a 134.37% improvement[20]. - The net cash flow from operating activities reached ¥186,202,287.09, a remarkable increase of 701.92% from -¥30,934,855.42 in the previous year[20]. - Basic earnings per share for 2021 were ¥0.0640, compared to a loss of ¥0.1864 per share in 2020, reflecting a 134.33% increase[20]. - The company's total revenue for the year was approximately 3.2 billion yuan, with a quarterly breakdown of 606.49 million yuan in Q1, 759.67 million yuan in Q2, 853.97 million yuan in Q3, and 781.14 million yuan in Q4[24]. - The net profit attributable to shareholders for the year was approximately 46.99 million yuan, with quarterly figures of 603,071.91 yuan in Q1, 8.10 million yuan in Q2, 5.45 million yuan in Q3, and 31.84 million yuan in Q4[24]. - The company's total revenue for the reporting period was CNY 2,962,716,722.77, with a year-on-year increase of 13.31%[48]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion yuan, representing a year-over-year growth of 15%[99]. Assets and Liabilities - The company's total assets at the end of 2021 were ¥2,549,285,456.51, a decrease of 1.60% from ¥2,590,711,346.50 at the end of 2020[20]. - The net assets attributable to shareholders increased by 4.82% to ¥999,491,215.28 at the end of 2021, up from ¥953,494,984.84 in 2020[20]. - The company's accounts receivable increased to ¥1,155,346,191.33, accounting for 45.32% of total assets, up from 39.70% in 2020[65]. - The total cash and cash equivalents decreased to ¥270,578,951.85, down from ¥412,979,803.13, marking a decline of 5.33% in proportion to total assets[65]. - The company reported a total of 21,638.51 million CNY in non-operating fund occupation at the beginning of the reporting period, with an additional 2,756.94 million CNY during the period, resulting in a total of 24,336.99 million CNY by the end of the period[138]. - The total amount of non-operating funds occupied at the end of the reporting period accounted for 24.35% of the most recent audited net assets[138]. Research and Development - The company has established several research and development platforms, including a national recognized laboratory and a post-doctoral innovation practice base, to enhance its technological capabilities[32]. - The company applied for 14 patents in 2021, including 2 invention patents and 12 utility model patents, with 6 utility model patents granted[42]. - Research and development expenses increased by 5.47% to CNY 41,494,739.18, reflecting the company's commitment to innovation[55]. - The company's R&D investment amounted to ¥116,804,949.70 in 2021, representing a 21.43% increase from ¥96,191,305.65 in 2020[60]. - R&D expenses accounted for 3.89% of total revenue in 2021, up from 3.63% in 2020, reflecting a 0.26% increase[60]. - The company completed small-scale tests for several new cable products, enhancing product reliability and market competitiveness[59]. Market Position and Strategy - The company is positioned to benefit from the growing demand in the cable industry due to national policies and the rapid development of sectors such as 5G, new energy, and rail transportation[31]. - The cable manufacturing industry in China has a market size exceeding 1 trillion yuan, with the company positioned to capture a larger share as industry concentration increases[30]. - The company aims to lower production costs and enhance market competitiveness through these new product developments[56][58]. - The overall strategy includes expanding product categories and improving the company's competitive edge in the market[56][58]. - The company plans to enhance its internal governance structure and improve internal control systems in 2022[74]. - The company aims to strengthen its marketing system and develop regional markets, particularly in the energy and transportation sectors[75]. Governance and Compliance - The company has 9 directors, including 3 independent directors, which complies with legal requirements[83]. - The company has 3 supervisors, including 1 employee supervisor, meeting the legal and regulatory requirements[83]. - The company adheres to strict information disclosure practices, ensuring timely and accurate information for all shareholders[84]. - The company actively communicates with stakeholders, maintaining a fair and honest business image[84]. - The company’s governance practices align with legal and regulatory standards, with no significant discrepancies noted[84]. - The company has established an independent financial department with a complete accounting system, ensuring financial independence[85]. Employee and Management - The total number of employees at the end of the reporting period was 1,049, with 577 in production, 182 in sales, 73 in technical roles, 60 in finance, and 157 in administration[114]. - The company implemented a comprehensive training program to enhance employee skills and engagement, aligning with its strategic goals[116]. - The company has a total of 48,628,800 shares held by director Yu Guoping before his judicial auction and secondary market reduction[90]. - The company has seen a significant turnover in its board, with multiple directors being elected and resigning throughout the year[92]. - The company’s management team includes experienced professionals with backgrounds in finance and management, enhancing its operational capabilities[93]. Risks and Challenges - The company has outlined potential risks and countermeasures in its future development outlook[5]. - The company faces risks related to changes in industry policies, raw material price fluctuations, and seasonal sales patterns[76][77]. - The company is actively addressing litigation risks related to past financing activities by its former controlling shareholder[78]. - The company’s financial pressure is exacerbated by high raw material prices, impacting its operational stability[118]. Environmental and Social Responsibility - The company received the second batch of provincial-level green factory titles in Jiangsu Province, promoting sustainable development[130]. - The company actively participates in poverty alleviation and rural revitalization initiatives, specifically in Yixing City[131]. - The company has not reported any environmental pollution incidents or violations during the reporting period[127]. - The company emphasizes the protection of shareholder and creditor rights, ensuring transparent communication and information disclosure[128]. Legal and Regulatory Matters - The company is required to repay 3,321.14 million plus interest to a creditor within ten days of the court ruling[146]. - The company has a court ruling requiring it to pay 11,593.30 million plus interest to another party, with the case currently in execution[147]. - The company faces a court ruling to pay 8,792.06 million as part of a compensation claim, with the ruling effective within ten days[147]. - The company has recognized an estimated loss of CNY 573.53 million related to significant pending litigation, with CNY 401.35 million already deducted and CNY 179.99 million remaining as estimated liabilities[193].

Financial Performance - The company's operating revenue for Q3 2021 was ¥853,968,324.59, representing a 19.50% increase compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥5,454,687.52, a significant increase of 250.20% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,591,741.00, showing a slight decrease of 1.04% compared to the previous year[3]. - Total operating revenue for the current period reached ¥2,220,126,798.69, a 21.3% increase from ¥1,830,995,849.71 in the previous period[22]. - Total operating costs amounted to ¥2,187,277,911.15, up 22.8% from ¥1,781,141,359.38 in the prior period[22]. - Operating profit for the current period was ¥19,110,990.40, compared to ¥13,708,034.22 in the previous period, reflecting a 39.2% increase[23]. - Net profit for the current period was ¥14,150,643.45, a 28.5% increase from ¥10,995,308.71 in the previous period[23]. - Basic and diluted earnings per share increased to ¥0.0197 from ¥0.0153, representing a 28.8% growth[25]. Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥2,544,199,473.29, reflecting a decrease of 1.80% from the end of the previous year[3]. - As of September 30, 2021, the total assets of the company amounted to RMB 2,544,199,473.29, a decrease from RMB 2,590,711,346.50 at the end of 2020[18]. - The company's current assets totaled RMB 2,051,159,723.18, slightly down from RMB 2,057,581,576.25 at the end of 2020[18]. - The total liabilities of the company were RMB 1,594,875,816.61, down from RMB 1,655,538,333.27[20]. - The company's equity attributable to shareholders increased to RMB 967,648,295.14 from RMB 953,494,984.84, showing a growth of approximately 1.6%[20]. Cash Flow - The cash flow from operating activities for the year-to-date was -¥71,552,655.83, which is an improvement of 36.09% compared to the same period last year[3]. - Cash flow from operating activities showed a net outflow of ¥71,552,655.83, an improvement from a net outflow of ¥111,956,108.90 in the previous period[28]. - Cash flow from investment activities showed a net inflow of ¥5,087,749.30, a substantial increase of 268.58% year-on-year[9]. - Cash flow from investing activities generated a net inflow of ¥5,087,749.30, compared to a net outflow of ¥3,018,047.67 in the prior period[28]. - Cash flow from financing activities resulted in a net outflow of ¥2,987,914.07, an improvement from a net outflow of ¥12,762,815.13 in the previous period[28]. - The ending cash and cash equivalents balance was ¥46,488,547.92, slightly up from ¥45,117,972.26 in the previous period[28]. - Cash and cash equivalents decreased to RMB 250,358,888.31 from RMB 412,979,803.13, representing a decline of approximately 39.2%[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,716, with the top ten shareholders holding a combined 56.12% of the shares[10]. Contract Liabilities - The company reported a significant increase in contract liabilities, which rose by 121.82% to ¥76,017,680.71 due to an increase in contract prepayments[7]. - The company reported a significant increase in contract liabilities, rising to RMB 76,017,680.71 from RMB 34,270,600.31, which is an increase of approximately 121.5%[19]. Litigation and Commitments - The company is involved in ongoing litigation, with a court ruling requiring the repayment of RMB 50,000,000 in principal and RMB 500,000 in legal fees[13]. - The company has committed RMB 1,000,000 to a partnership for acquiring and disposing of non-performing assets[13]. Research and Development - Research and development expenses increased to ¥40,754,734.97 from ¥35,354,093.99, indicating a focus on innovation and product development[23]. Reporting and Audit - The third quarter report for 2021 has not been audited[30]. - The board of directors presented the third quarter report on October 25, 2021[30]. - Future outlook and performance guidance are not provided in the document[30]. - No new products or technologies are mentioned in the report[30]. - There are no details on market expansion or acquisitions included[30]. - The report does not discuss any new strategies[30]. - The company has not disclosed any revenue figures or growth percentages[30]. - The report is classified as not applicable for audit[30].