证券代码：002726 证券简称：龙大肉食 山东龙大肉食品股份有限公司投资者关系活动记录表 编号：2018－03 | --- | --- | --- | |--------------------------------|------------------------------------------------------------|----------------------------------------------------------------------------------------------------| | | | | | | | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 太平洋证券股份有限公司 周莎 | | | 人员姓名 | | | | | | | | 时间 | 2018 年 7 月 9 日 | | | 地点 | 山东省莱阳市龙门东路 | 99 号 公司三楼会议室 ...

证券代码：002726 证券简称：龙大肉食 山东龙大肉食品股份有限公司投资者关系活动记录表 编号：2018－04 | --- | --- | --- | |---------------------------|-----------------------------------------|------------------------------------------------------------------------------------------| | | | | | | √ | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □ 新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 兴业证券 毛一凡 | | | 人员姓名 | | | | | | | | 时间 | 2018 年 11 月 1 日 | | | 地点 | 山东省莱阳市龙门东路 | 99 号 公司三楼会议室 | | 上市公司接待人 | | | | 员姓名 | 董事会秘书徐巍 | | ...

证券代码：002726 证券简称：龙大美食 债券代码：128119 债券简称：龙大转债 山东龙大美食股份有限公司投资者关系活动记录表 编号：2022-02 | --- | --- | --- | |----------------------------------------|--------------------------------------------------------|----------------------------------------------------------------------------------------| | | | | | | 特定对象调研 | 分析师会议 | | | 媒体采访 | 业绩说明会 | | 投资者关系活动类别 | 新闻发布会 | 路演活动 | | | 现场参观 | | | | 其他 | （请文字说明其他活动内容） | | 参与单位名称及人员姓名 | 通过"龙大美食投资者关系 | " 微信小程序参与公司 2021 年度网上业绩 | | | | | | | 说明会的广大投资者 | | | | 年 月 | 日（星期五） | | 时间 | 2 ...

证券代码：002726 证券简称：龙大美食 债券代码：128119 债券简称：龙大转债 山东龙大美食股份有限公司投资者关系活动记录表 编号：2022-04 | --- | --- | --- | |------------------------------------------------|--------------------------------------------|-------------------------------------------------------------------------------------------| | | | | | | 特定对象调研 | 分析师会议 | | | 媒体采访 | 业绩说明会 | | 投资者关系活动类别 | 新闻发布会 | 路演活动 | | | 现场参观 | | | | 其他 | （请文字说明其他活动内容） | | 参与单位名称及人员姓名 | 睿合银等 8 位投资者 | 天风证券、崇山投资、合众易晟、丹桂顺、长城基金、恒大人寿、中 | | 时间 | 2022 年 05 月 26 | 日（星期四）上午 10:00 | | 地点 | ...

证券代码：002726 证券简称：龙大美食 公告编号：2022-103 债券代码：128119 债券简称：龙大转债 山东龙大美食股份有限公司 关于参加山东辖区上市公司 2022 年度投资者 网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流工作，山东龙大美食股份有限公司（以下 简称"公司"）将参加由中国证券监督管理委员会山东监管局、山东上市公司协 会与深圳市全景网络有限公司联合举办的"山东辖区上市公司 2022 年度投资者 网上集体接待日"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网"投资者关系互动平台"（http://ir.p5w.net/） 参与公司本次投资者网上集体接待日活动，互动交流时间为 2022 年 11 月 16 日 （星期三）14:00 至 16:00。 届时公司董事、副总裁兼董事会秘书张瑞先生、投资者关系总监方芳女士及 证券事务代表彭威先生将通过网络在线交流形式与投资者就公司治理、发展战 略、经营状况和可持 ...

Financial Performance - The company's revenue for Q3 2022 was ¥4,636,769,830.29, a decrease of 5.89% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥13,111,108.96, down 33.87% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥316,030.68, a decline of 101.60%[5]. - Total operating revenue for the current period is ¥11,451,986,898.92, a decrease of 26.1% compared to ¥15,527,813,915.13 in the previous period[29]. - Net profit for the current period is ¥94,115,990.01, a decline of 72.1% compared to ¥338,658,568.87 in the previous period[32]. - The company's basic earnings per share for the quarter was ¥0.0121, down 38.89% year-on-year, while diluted earnings per share was ¥0.0111, a decrease of 39.34%[5]. - Earnings per share (basic) for the current period is ¥0.05, down from ¥0.33 in the previous period[32]. - The company’s total comprehensive income for the current period is ¥94,115,990.01, down from ¥338,658,568.87 in the previous period, reflecting overall performance challenges[32]. Cash Flow - The operating cash flow net amount for the year-to-date period reached ¥894,851,546.45, reflecting a significant increase of 4,877.87%[5]. - The net cash flow from operating activities was ¥894,851,546.45, a significant improvement from a negative cash flow of ¥18,729,104.29 in the previous period[36]. - Cash inflow from operating activities totaled ¥12,853,625,622.42, down 23.5% from ¥16,838,917,309.90 in the prior period[36]. - Cash outflow from operating activities was ¥11,958,774,075.97, a decrease of 29.2% compared to ¥16,857,646,414.19 last period[36]. - Cash flow from investing activities showed a net outflow of ¥476,781,680.78, improving from a net outflow of ¥772,458,767.38 in the previous period[36]. - Cash inflow from financing activities was ¥1,801,594,481.37, down 41.2% from ¥3,062,504,436.33 in the last period[39]. - The net cash flow from financing activities was negative at ¥724,222,320.64, contrasting with a positive cash flow of ¥1,085,796,571.68 in the previous period[39]. - The ending balance of cash and cash equivalents decreased to ¥1,438,471,896.95 from ¥2,470,959,218.38, reflecting a decline of 41.8%[39]. - The company received cash from borrowings amounting to ¥1,766,763,321.32, down from ¥2,379,772,643.61 in the previous period[39]. - The company paid cash for debt repayment totaling ¥2,431,626,677.14, an increase from ¥1,667,068,535.52 in the prior period[39]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,876,019,717.05, a decrease of 4.34% from the end of the previous year[5]. - The company’s total liabilities decreased by 4.34% compared to the previous year, indicating a focus on reducing debt levels[5]. - The total liabilities decreased to ¥4,342,351,418.02 from ¥4,842,663,750.70, showing improved financial stability[29]. - The total equity increased to ¥3,533,668,299.03 from ¥3,390,513,370.96, indicating growth in shareholder value[29]. - The company’s short-term borrowings decreased by ¥702,548,900.17, a reduction of 36.59%, due to the repayment of due loans[11]. - Short-term borrowings decreased to RMB 1,217,274,962.94 from RMB 1,919,823,863.11 at the beginning of the year[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 31,316[18]. - The largest shareholder, Lanyun Development Holdings Group Co., Ltd., holds 27.25% of shares, totaling 293,885,800 shares[18]. - The company has a total of 10 major shareholders with varying ownership percentages, the largest being Lanyun Development Holdings Group Co., Ltd. at 27.25%[18]. - The company does not have any pledged shares among the top shareholders[18]. - The total number of preferred shareholders with restored voting rights is not applicable[22]. Operational Metrics - The company reported a significant increase in government subsidies, amounting to ¥38,119,761.15 for the quarter, compared to ¥44,912,011.96 year-to-date[6]. - The company experienced a 42.60% increase in fixed assets, totaling an increase of ¥491,918,572.06, primarily due to the transfer of several projects to fixed assets[10]. - Accounts receivable decreased to RMB 718,395,182.14 from RMB 831,500,084.21 at the beginning of the year[24]. - Inventory increased to RMB 1,639,945,634.53 from RMB 1,566,746,339.40 at the beginning of the year[24]. - Research and development expenses increased to ¥6,148,646.52, up from ¥4,888,994.63 in the previous period, reflecting a focus on innovation[29]. - The company reported a decrease in sales expenses to ¥134,733,943.49 from ¥177,643,358.89, indicating cost control measures[29]. - The cash inflow from the disposal of fixed assets and other long-term assets was ¥44,314,875.55, down from ¥77,546,644.34 in the previous period[36].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥6,815,217,068.63, a decrease of 35.71% compared to ¥10,600,625,473.60 in the same period last year[30]. - The net profit attributable to shareholders of the listed company was ¥36,180,690.39, down 88.25% from ¥307,957,380.53 in the previous year[30]. - The net profit after deducting non-recurring gains and losses was ¥89,126,855.32, a decrease of 72.12% compared to ¥319,701,706.06 in the same period last year[30]. - The net cash flow from operating activities was ¥727,557,194.06, a significant increase of 19,702.90% compared to -¥3,711,477.43 in the previous year[30]. - Basic earnings per share were ¥0.03, down 90.32% from ¥0.31 in the same period last year[30]. - Diluted earnings per share were ¥0.03, a decrease of 89.29% compared to ¥0.28 in the previous year[30]. - The weighted average return on net assets was 1.11%, down 11.28% from 12.39% in the previous year[30]. - Total assets at the end of the reporting period were ¥8,106,636,239.54, a decrease of 1.54% from ¥8,233,177,121.66 at the end of the previous year[30]. - The net assets attributable to shareholders of the listed company increased by 2.38% to ¥3,311,885,251.99 from ¥3,234,847,472.77 at the end of the previous year[30]. - The company's revenue for the first half of 2022 was approximately ¥6.82 billion, a decrease of 35.71% from ¥10.60 billion in the same period last year, primarily due to a significant drop in pork prices[58]. - Operating costs decreased by 34.50% to approximately ¥6.51 billion, attributed to the same decline in pork prices[58]. Sales and Production - The company's main product sales volume reached 360,843.10 tons, an increase of 17.41% year-on-year, while production volume was 372,500.23 tons, up 14.94% year-on-year[38]. - The company's sales volume for the first half of 2022 reached 360,843.10 tons, an increase of 17.41% compared to 307,332.71 tons in the same period of 2021[48]. - The production volume of the company's pork slaughtering and meat processing segment was 372,500.23 tons, up 14.94% from 324,073.89 tons year-on-year[48]. - The slaughtering industry accounted for ¥5,140,132,924.42, representing 75.42% of total revenue, down 33.11% from ¥7,684,572,607.26[60]. - The import trade segment saw a significant decline of 62.23%, with revenue of ¥733,736,041.31 compared to ¥1,942,424,796.50 last year[60]. - Revenue from the East China region decreased by 39.76% to ¥2,352,507,275.74, down from ¥3,905,532,391.15[60]. Research and Development - Research and development expenses increased by 43.26% to ¥4.11 million, reflecting the company's commitment to enhancing its R&D capabilities[58]. - The company has strengthened its R&D capabilities by establishing a culinary research institute and collaborating with universities to innovate in pre-prepared food technology[38]. - The company has established three major R&D centers in Shanghai, Sichuan, and Shandong to better meet local market demands and preferences[51]. Market Strategy and Expansion - The company aims to become a leading supplier of pre-prepared dishes in China, focusing on high-quality food solutions[40]. - The company is focusing on market expansion and has developed a consumption market insight system to enhance service to food processing and catering enterprises[90]. - The company has launched new pre-prepared dishes including garlic ribs and fragrant chicken wings, enhancing its product offerings[39]. - The company has established a national sales network with a total of 587 new distributors in Shandong, 432 in Central China, 392 in East China, and 202 in Southwest China during the reporting period[44]. - The company's online sales through platforms like JD.com and Douyin increased by over 150% compared to the previous year[45]. - The company aims to adjust product structures and accelerate the development of high-value-added products to counteract the risks of raw material price fluctuations[90]. Environmental and Safety Compliance - The company has installed online monitoring facilities at wastewater discharge points to ensure stable operation of environmental protection facilities[115]. - The total discharge of COD was reported as 8.75 tons, and NH3-N was 0.816 tons for the company, adhering to the GB/T 31962-2015 B-level standard[113]. - The company’s wastewater treatment process includes pre-treatment, flotation, and A/O technology before discharge into municipal wastewater treatment plants[115]. - The company has implemented emergency response plans for environmental incidents and conducts regular training and drills to enhance response capabilities[122]. - The company adheres to national and local environmental laws, with all wastewater, waste gas, and noise emissions meeting regulatory standards[126]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[123]. - The company is committed to energy conservation and emission reduction, striving for optimal environmental protection practices[126]. Corporate Governance and Shareholder Engagement - The company has established a sound corporate governance structure, ensuring effective decision-making and supervision[124]. - The company actively engages with investors through performance briefings and interactive platforms to maintain transparent communication[124]. - The company reported a 44.30% investor participation rate in the first extraordinary general meeting of 2022, indicating strong shareholder engagement[94]. - The company has not experienced any major production safety accidents during the reporting period, emphasizing safety training for new employees[126]. - There were no changes in the controlling shareholder or actual controller during the reporting period, ensuring continuity in governance[196]. Financial Instruments and Guarantees - The total amount raised from the convertible bonds was RMB 950 million, with a net amount of RMB 935.78 million after deducting fees[73]. - The non-public stock issuance raised RMB 620.40 million, with a net amount of RMB 610.79 million after fees[73]. - The actual external guarantee amount incurred during the reporting period is 1,000,000 CNY[157]. - The company has provided joint liability guarantees to Henan Longda Muyuan Meat Products Co., Ltd. with a guarantee amount of 6,000,000 CNY, which is still in effect[159]. - The company has provided joint liability guarantees to Qingdao Zhong Hesheng Food Co., Ltd. with a guarantee amount of 20,000,000 CNY, which is still in effect[159]. Employee and Talent Development - The company has established a talent introduction plan, collaborating with universities to provide job opportunities and promote high-skilled talent development[130]. - The company has not reported any discrimination incidents since its establishment and has implemented a comprehensive employee training system to enhance skills and core competitiveness[128]. - The total number of restricted shares granted to executives at the end of the period was 2,106,000, reflecting ongoing incentive structures[195].

Financial Performance - The company's operating revenue for Q1 2022 was ¥3,340,323,108.47, a decrease of 45.67% compared to the same period last year[4]. - The net profit attributable to shareholders was ¥23,428,412.68, representing a decline of 89.07% year-on-year[4]. - The company reported a net loss of CNY 77,062,800.74 due to asset impairment losses, compared to a loss of CNY 4,295,335.44 in the same period last year[59]. - The net profit for the current period is CNY 46,387,704.25, compared to CNY 228,524,543.54 in the previous period, indicating a significant decrease[62]. - The total comprehensive income attributable to the parent company's owners is CNY 23,428,412.68, compared to CNY 214,253,619.88 in the previous period[62]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 78.87% to ¥612,923,238.87 compared to the previous year[4]. - The company's cash and cash equivalents increased to approximately CNY 2.66 billion at the end of the reporting period, up from CNY 2.16 billion at the beginning of the year, representing a growth of about 23%[49]. - The total cash and cash equivalents at the end of the period is CNY 2,439,954,157.01, up from CNY 2,225,999,039.59 in the previous period[69]. - The cash outflow from operating activities totals CNY 3,392,777,289.34, down from CNY 6,000,055,181.38 in the previous period[69]. - The net cash flow from financing activities increased by 216.25% to ¥613,384,669.20, primarily due to increased borrowings[13]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,486,477,541.40, an increase of 3.08% from the end of the previous year[4]. - Total liabilities rose to CNY 5,035,957,667.61, compared to CNY 4,842,663,750.70 in the previous year[56]. - The company's accounts receivable decreased to approximately CNY 403.71 million from CNY 831.50 million, indicating a reduction of about 51%[49]. - The company's inventory increased to approximately CNY 1.64 billion, up from CNY 1.57 billion, reflecting a growth of about 7.8%[49]. Research and Development - Research and development expenses rose by 50.98% to ¥2,007,785.78 due to an increase in R&D personnel and investment[9]. - Research and development expenses for the quarter were CNY 2,013,111.05, an increase from CNY 1,333,325.27 in the previous year[59]. Shareholder Information - The total equity attributable to shareholders increased by 1.24% to ¥3,274,921,572.86[7]. - The top shareholder, 蓝润发展控股集团有限公司, holds 293,885,800 shares, representing a significant portion of the company's equity[18]. - The company has not disclosed any relationships or concerted actions among the top 10 shareholders[18]. Convertible Bonds and Financing Activities - The company plans to publicly issue convertible bonds totaling up to RMB 95,000 million, an increase from the previous limit of RMB 87,500 million[21]. - The company successfully issued 9.5 million convertible bonds at a price of RMB 100 each, raising a total of RMB 95,000 million, with a net amount of RMB 935,783,018.87 after deducting fees[25]. - The company received approval from the China Securities Regulatory Commission for the issuance of convertible bonds, indicating compliance with regulatory requirements[22]. - The company decided not to exercise the early redemption right for "Longda Convertible Bonds" due to the short conversion period and current market conditions[28]. - The company’s non-public offering was approved by the China Securities Regulatory Commission on January 15, 2021[34]. Stock Options and Incentive Plans - The company completed the grant registration for the 2019 stock option and restricted stock incentive plan, awarding 16.6517 million stock options to 220 incentive recipients and 16.5893 million restricted shares to 162 recipients[40]. - The first unlock period for the 2019 incentive plan was achieved, allowing 158 recipients to have 5.67996 million restricted shares listed for circulation[42]. - The company's independent directors consistently provided independent opinions affirming the legality and effectiveness of the incentive plan adjustments[40][41][42][44][48]. Market and Operational Insights - The company experienced a 44.13% decrease in operating costs, amounting to ¥3,215,462,967.09, attributed to lower pig prices[9]. - The company reported a decrease in other income by 41.91% due to reduced government subsidies[9]. - The company has not disclosed any new product developments or market expansion strategies in the recent reports[20].

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2021, representing a year-on-year increase of 15%[21] - The net profit attributable to shareholders was RMB 150 million, which is a 10% increase compared to the previous year[21] - The company's operating revenue for 2021 was ¥19,509,959,768.79, a decrease of 19.05% compared to ¥24,101,638,774.23 in 2020[29] - The net profit attributable to shareholders for 2021 was ¥-658,573,721.79, representing a significant decline of 172.70% from the previous year's profit of ¥905,816,886.07[29] - The net cash flow from operating activities was ¥-87,677,769.49 in 2021, a decrease of 106.62% compared to ¥1,325,020,082.82 in 2020[29] - The basic earnings per share for 2021 was ¥-0.64, down 170.33% from ¥0.91 in 2020[32] - The diluted earnings per share for 2021 was ¥-0.57, reflecting a decline of 170.37% from ¥0.81 in 2020[32] - The total assets at the end of 2021 were ¥8,233,177,121.66, a decrease of 3.72% from ¥8,551,436,933.53 at the end of 2020[32] - The net assets attributable to shareholders at the end of 2021 were ¥3,234,847,472.77, down 4.46% from ¥3,385,987,457.83 at the end of 2020[32] Market Expansion and Strategy - The company plans to expand its market presence by increasing its distribution channels by 20% in 2022[21] - Future guidance estimates a revenue growth of 12% for 2022, with a target revenue of RMB 1.34 billion[21] - The company is exploring potential mergers and acquisitions to enhance its product portfolio and market reach[21] - The company aims to reduce production costs by 5% through operational efficiencies and technology upgrades in 2022[21] - The company is focusing on expanding its market presence in the prepared food sector, which is expected to continue growing due to rising consumer demand[44] - The company plans to strengthen its national marketing network and increase its market share in the pre-prepared food sector by establishing model markets in key cities[122] Research and Development - The company has invested RMB 50 million in new product development, focusing on innovative food processing technologies[21] - R&D expenses increased by 100.70% year-on-year, with over 20,000 tons of new products launched and more than 100 products in reserve[49] - The company established two new R&D centers in Shanghai and Sichuan, enhancing its food R&D system[47] - The company has built three major R&D centers in Shanghai, Sichuan, and Shandong to enhance local market responsiveness and product development[58] - The company launched over 20,000 tons of new products in 2021, with more than 100 products in reserve, indicating strong market responsiveness[86] Production and Capacity - The company's slaughter capacity reached 11 million heads per year, with an actual slaughter volume of 6.411 million heads, representing a year-on-year increase of 57.7%[50] - The company plans to increase its slaughter capacity by 4 million heads per year, bringing total capacity to 15 million heads per year after new facilities are operational[50] - The company's food production capacity reached 155,000 tons per year, with ongoing projects expected to add another 175,000 tons per year[49] - The company’s breeding business achieved a market supply of 398,900 heads, a year-on-year increase of 25.24%[51] Sales and Distribution - User data indicates a growth in customer base by 25%, reaching a total of 500,000 active users by the end of 2021[21] - The number of distributors increased by 31.34% to 8,850, with significant growth in regions such as Southwest (99.16%) and South China (201.35%)[51] - The company’s online sales through platforms like JD.com saw a 1,800% increase year-on-year, ranking in the top five for ten consecutive months[51] - The company’s sales revenue from the top five distributors was approximately 90 million yuan, accounting for 0.46% of total revenue[51] Governance and Management - The average age of the company's management team is 39.12 years, with an average tenure of 11.6 years, indicating strong loyalty and industry experience[61] - The company has a transparent performance evaluation and incentive mechanism for senior management, ensuring compliance with legal regulations[132] - The company has committed to maintaining its independence in operations and management, avoiding any potential conflicts with the controlling shareholder[138] - The company’s governance practices contributed positively to its stable and healthy development[172] Employee and Compensation - The total number of employees at the end of the reporting period was 6,766, with 2,989 in the parent company and 3,777 in major subsidiaries[178] - The company implemented a performance-based compensation system, enhancing employee motivation and retention[182] - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 3.9679 million[161] - The company has established a remuneration and assessment committee to propose remuneration for senior management[161] Risks and Challenges - The company faces risks including animal disease outbreaks, food safety concerns, and market expansion challenges that could impact its operations[123] - The company is actively managing its investment risks associated with the expansion into the pig farming sector in Shandong and Sichuan[141] Investment and Financing - The company raised a total of 157,040,000 CNY through financing activities, with 48,560,210 CNY already utilized[101] - The total cash inflow from financing activities was 3,754,732,769.55 CNY, an increase of 3.84% compared to the previous year[91] - The total cash outflow from financing activities was 2,893,363,751.52 CNY, an increase of 10.22% compared to the previous year[91] Awards and Recognition - The company has received multiple awards, including "Top 500 Private Enterprises in China" and "Most Valuable Brand in the Meat Industry" in 2021, enhancing its brand recognition[60]

Financial Performance - The company's operating revenue for Q1 2022 was ¥3,340,323,108.47, a decrease of 45.67% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥23,428,412.68, down 89.07% year-on-year[4]. - The total profit for the period was approximately ¥41.22 million, compared to ¥231.02 million in the previous period[62]. - The net profit attributable to the parent company was approximately ¥23.43 million, down from ¥214.25 million year-over-year[62]. - Operating profit for the quarter was CNY 39,999,558.88, a significant decline from CNY 230,432,864.55 in the previous year[59]. - The company reported a net loss of CNY 77,062,800.74 due to asset impairment losses, compared to a gain of CNY 4,295,335.44 in the same period last year[59]. - Basic earnings per share were ¥0.02, down from ¥0.21 in the previous period[65]. - Diluted earnings per share were ¥0.02, compared to ¥0.19 in the previous period[65]. Cash Flow - The net cash flow from operating activities increased by 78.87% to ¥612,923,238.87 compared to the previous year[4]. - The net cash flow from financing activities increased by 216.25% to ¥613,384,669.20, driven by increased borrowings[13]. - The total cash inflow from operating activities was approximately ¥4.01 billion, compared to ¥6.34 billion in the previous period[66]. - The total cash outflow from operating activities was approximately ¥3.39 billion, down from ¥6.00 billion year-over-year[69]. - The ending cash and cash equivalents balance was approximately ¥2.44 billion, up from ¥2.23 billion in the previous period[69]. Assets and Liabilities - Total assets at the end of the reporting period were ¥8,486,477,541.40, reflecting a 2.25% increase from the end of the previous year[4]. - Current liabilities rose to CNY 3,884,148,113.48, compared to CNY 3,699,669,108.60 in the previous year, reflecting a 5.0% increase[56]. - Total liabilities reached CNY 5,035,957,667.61, an increase from CNY 4,842,663,750.70 year-over-year[56]. - The company's equity attributable to shareholders increased to CNY 3,274,921,572.86, up from CNY 3,234,847,472.77 in the previous year[56]. Research and Development - The company's R&D expenses increased by 50.98% to ¥2,007,785.78, attributed to an increase in R&D personnel and investment[9]. - Research and development expenses for the quarter were CNY 2,013,111.05, compared to CNY 1,333,325.27 in the same period last year, indicating a 51.1% increase[59]. Financing Activities - The company plans to publicly issue convertible bonds totaling up to RMB 95,000 million, an increase from the previous limit of RMB 87,500 million[21]. - The company successfully raised RMB 935,783,018.87 from the issuance of 9.5 million convertible bonds at a price of RMB 100 each, after deducting fees[25]. - The company’s actual funds received from the bond issuance were RMB 936 million, reflecting the successful execution of its financing strategy[25]. - The company’s bond issuance is expected to enhance its capital structure and support future growth initiatives[21]. - The company has engaged with intermediaries to address feedback from regulatory authorities regarding the bond issuance, ensuring transparency and compliance[23]. Stock Options and Incentives - The company completed the grant registration for the 2019 stock option and restricted stock incentive plan, awarding 16.6517 million stock options to 220 incentive recipients and 16.5893 million restricted shares to 162 recipients[40]. - The second unlocking period of the 2019 incentive plan has been achieved, with 151,164 restricted shares and 226,356 stock options to be repurchased and canceled due to non-compliance with incentive conditions[48]. - The company has decided to repurchase and cancel 130,000 restricted shares and 130,000 stock options from a former incentive recipient due to their departure[40]. - The company’s independent directors have consistently expressed their agreement with the adjustments and cancellations related to the incentive plans[42]. - The company’s independent directors confirmed the legality and effectiveness of the incentive recipients' qualifications[39].