Financial Performance - The company's operating revenue for 2022 was approximately ¥512.43 million, a decrease of 5.13% compared to ¥540.17 million in 2021[24]. - Net profit attributable to shareholders increased by 119.04% to approximately ¥27.38 million, up from ¥12.50 million in the previous year[24]. - The net cash flow from operating activities improved significantly, reaching approximately ¥102.40 million, a 271.15% increase from a negative cash flow of ¥59.83 million in 2021[24]. - Basic and diluted earnings per share both rose to ¥0.21, representing a 133.33% increase from ¥0.09 in 2021[24]. - Total assets at the end of 2022 were approximately ¥890.09 million, reflecting a 4.66% increase from ¥850.43 million at the end of 2021[24]. - The net assets attributable to shareholders increased by 3.94% to approximately ¥654.96 million, compared to ¥630.15 million in 2021[24]. - The company reported a significant increase of 456.21% in net profit after deducting non-recurring gains and losses, reaching approximately ¥22.58 million[24]. - The weighted average return on equity improved to 4.26%, up from 2.00% in the previous year[24]. Revenue Breakdown - Total revenue for 2022 was ¥512,432,004.51, a decrease of 5.13% compared to ¥540,168,566.43 in 2021[51]. - Revenue from garden tools was ¥488,897,286.32, accounting for 95.41% of total revenue, down 5.14% year-over-year[51]. - Sales of chainsaws decreased by 15.85% to ¥191,458,368.94, while sales of wheeled lawn mowers increased by 77.64% to ¥154,121,065.00[51]. - International sales accounted for 85.70% of total revenue at ¥439,179,224.11, down 7.53% from the previous year[51]. Research and Development - The company holds 165 patents, including 10 invention patents, 78 utility model patents, and 73 design patents, indicating a strong focus on innovation[37]. - Research and development expenses for 2022 were ¥28,354,035.18, a decrease of 5.21% from ¥29,911,171.73 in 2021[62]. - The number of R&D personnel increased to 94 in 2022, representing an 18.99% rise from 79 in 2021, with R&D personnel now accounting for 13.80% of the total workforce[65]. - The company has optimized its R&D system, focusing on high-value gasoline and lithium products, which have shown significant results[48]. Market Position and Strategy - The company is a key player in the domestic garden machinery industry and actively participates in standardization committees, enhancing its industry influence[37]. - The company maintained a 90% export ratio, with products sold to over 50 countries and regions[46]. - The company has established stable strategic partnerships with numerous well-known international brands, enhancing its market position[44]. - The company is positioned to benefit from the increasing demand for garden machinery in emerging markets as urban greening efforts expand[36]. Cash Flow and Investments - Operating cash inflow totaled ¥626,163,390.74 in 2022, reflecting a year-on-year increase of 15.69% from ¥541,220,121.39 in 2021[66]. - The company reported a net increase in cash and cash equivalents of ¥22,691,145.16, a significant improvement of 246.67% from a decrease of ¥15,470,444.89 in the previous year[66]. - Investment activities resulted in a net cash outflow of ¥72,893,849.06, a decrease of 185.26% compared to a net inflow of ¥85,500,065.71 in 2021[66]. Governance and Compliance - The company has established a comprehensive governance structure, ensuring compliance with relevant laws and regulations, and maintaining transparency in operations[94]. - The board of directors consists of 9 members, including 3 independent directors, ensuring effective governance and decision-making processes[95]. - The company has implemented a performance evaluation and incentive mechanism for senior management, promoting transparency and compliance[96]. - The company actively fulfills its social responsibilities, maintaining a balance of interests among stakeholders while pursuing profit maximization[96]. Future Outlook - In 2023, the company will focus on new products and new markets, particularly enhancing the competitiveness of lithium battery and intelligent product lines[86]. - The company aims to expand the sales of wheeled gasoline lawn mowers in the North American market, leveraging existing customer resources to increase market penetration[86]. - The company plans to optimize the management and personnel configuration of its US subsidiary to enhance product sales channels and develop new customers[87]. - The company is exploring potential acquisitions to enhance its product portfolio, targeting firms with complementary technologies[105]. Shareholder Returns - The company has established a three-year shareholder return plan (2021-2023) to balance short-term and long-term interests of shareholders[124]. - The proposed cash dividend for 2022 is ¥0.42 per 10 shares, totaling ¥5,544,000.00, which represents 100% of the profit distribution[132]. - The company plans to distribute cash dividends amounting to at least 20% of the distributable profits each year over the next three years, with a cumulative distribution of no less than 60% of the average annual distributable profits over the last three years[126]. Risks and Challenges - The company faces risks from international trade protection policies, impacting its export business, and plans to diversify its domestic and international market sources[89]. - The company is exposed to exchange rate risks due to its export sales primarily settled in USD, with fluctuations in the RMB/USD exchange rate affecting profits[89]. - Economic risks in major export markets, particularly in Europe and the US, could negatively impact sales if inflation and economic slowdown persist[89]. Employee and Management - The total number of employees at the end of the reporting period was 681, with 374 in production, 32 in sales, 80 in technology, 10 in finance, and 185 in administration[120]. - The company follows a compensation policy that emphasizes fairness internally and competitiveness externally, with a performance evaluation system based on job levels[121]. - In 2022, the company implemented training programs focusing on lean production management, management skills, and information management for mid-to-senior level employees[123].

浙江中坚科技股份有限公司 2023 年第一季度报告 证券代码：002779 证券简称：中坚科技 公告编号：2023-016 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第一季度报告是否经审计 □是 否 1 浙江中坚科技股份有限公司 2023 年第一季度报告 一、主要财务数据 浙江中坚科技股份有限公司 2023 年第一季度报告 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。 重要内容提示： （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 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | | | | （%） | | 营业收入（元） | 192,360,154.13 | 134,231,441.35 | 43.30% | | 归属于上市公司股东 ...

Group 1: Company Overview - The company is an export-oriented enterprise, with over 90% of its main revenue coming from exports [2] - It is a significant player in the domestic landscaping machinery industry and a long-term business partner of many multinational landscaping machinery manufacturers and distributors [2] Group 2: Business Development Direction - The company plans to further expand into mid-to-high-end products and optimize its product structure to enhance profitability [2] - There is a focus on the development of lithium battery products, which are seen as a major growth point for the future [4] Group 3: Market Position and Competition - Lithium battery products currently account for approximately 25% of similar product sales in the U.S. market, with expectations for gradual increases in other markets [4] - The company's core competitive advantages lie in its technological R&D capabilities, which ensure product quality, as well as its accumulated experience in marketing networks and production management [4] Group 4: Domestic Market Strategy - Domestic sales currently represent a small proportion of the company's revenue, but there are plans to strengthen brand building and expand marketing channels to increase domestic sales [4] - The domestic market can be categorized into landscaping and agricultural sectors, targeting both professional users and individual customers [4] Group 5: Future Plans - Over the next 3-5 years, the company aims to enhance product structure, increase the proportion of domestic sales, and intensify the development and sales of lithium battery products [4] - The company will continue to consider both organic growth and acquisitions to enhance its value and competitiveness [5] Group 6: Operational Insights - The current business model primarily focuses on ODM, with some involvement in OEM and OBM [5] - Sales and revenue have declined due to the macroeconomic environment and global economic downturn [5] - A stable RMB exchange rate is preferred for long-term development, although depreciation may have some positive effects [5]

Financial Performance - The company's revenue for Q3 2022 was ¥116,564,141.78, a decrease of 16.52% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2022 was ¥12,652,553.70, an increase of 24.54% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,068,507.11, up 55.45% from the previous year[3] - Total operating revenue for the third quarter of 2022 was CNY 380,446,965.19, a slight increase of 0.2% compared to CNY 377,660,950.25 in the same period last year[19] - Net profit for the third quarter was CNY 30,149,366.46, up 115.5% from CNY 13,969,874.54 year-over-year[20] - The total comprehensive income for the quarter was CNY 30,128,638.24, compared to CNY 13,969,874.54 in the same period last year, reflecting a substantial increase[21] Assets and Equity - Total assets at the end of Q3 2022 reached ¥877,623,623.55, reflecting a growth of 3.20% compared to the end of the previous year[4] - The company's equity attributable to shareholders increased to ¥657,640,380.94, a rise of 4.36% from the previous year[4] - The company's total assets reached CNY 877,623,623.55, an increase from CNY 850,430,396.85 at the end of the previous quarter[18] - The company's equity attributable to shareholders rose to CNY 657,640,380.94, up from CNY 630,151,742.70, marking an increase of approximately 4.4%[18] Earnings and Shareholder Information - The basic earnings per share for Q3 2022 was ¥0.0959, representing a 24.55% increase year-on-year[3] - Basic and diluted earnings per share for the quarter were CNY 0.2284, compared to CNY 0.1058 in the same quarter last year, representing a significant increase of 116.5%[21] - Total number of ordinary shareholders at the end of the reporting period was 6,925[12] - The largest shareholder, Zhongjian Electromechanical Group, holds 36.55% of shares, with 48,242,700 shares pledged[12] Cash Flow and Investments - Cash flow from operating activities for the year-to-date period reached ¥68,460,785.29, a significant increase of 204.84%[3] - The company experienced a 44.83% increase in cash and cash equivalents, reaching ¥113,721,123.20, attributed to improved operating cash flow[9] - Cash received from investment activities totaled CNY 36,782,325.20, down 64.6% from CNY 103,727,709.90 in the previous period[23] - Net cash flow from investment activities was -CNY 50,881,333.15, compared to a positive CNY 93,440,981.46 in the previous period[23] - Cash paid for investments increased by 389,900.00% to CNY 78,000,000.00, attributed to an increase in the purchase of financial products[10] - Cash distributed for dividends increased by 371.08% to CNY 2,640,000.00, due to an increase in dividend distribution[10] Liabilities and Financial Expenses - Total liabilities slightly decreased to CNY 219,983,242.61 from CNY 220,278,654.15, indicating a reduction of about 0.1%[18] - The company reported a financial expense of CNY -13,363,366.50, a notable change from CNY 1,030,233.63 in the previous year[20] Operational Metrics - Total operating costs decreased to CNY 350,504,452.65 from CNY 369,002,729.42, representing a reduction of approximately 5.0%[19] - Research and development expenses increased to CNY 19,140,980.15, compared to CNY 15,799,495.39 in the previous year, reflecting a growth of 21.5%[20] Cash Management - The company’s cash and cash equivalents increased to CNY 113,721,123.20 from CNY 78,520,732.60 at the beginning of the year[16] - Trading financial assets rose to CNY 100,488,315.98 from CNY 55,884,559.40 at the beginning of the year[16] - Accounts receivable decreased to CNY 120,599,829.27 from CNY 127,346,917.17 at the beginning of the year[16] - Cash outflow for operating activities was CNY 379,744,056.62, a decrease of 15% from CNY 446,954,954.98 in the previous period[23] - Cash paid to employees decreased to CNY 53,585,328.68 from CNY 62,524,361.08 in the previous period[23] Government Support - The company received government subsidies amounting to ¥644,359.68 in Q3 2022, contributing to its financial performance[6] Audit Information - The company did not conduct an audit for the third quarter report[24]

Financial Performance - The company's operating revenue for the first half of 2022 was RMB 263,882,823.41, representing a 10.86% increase compared to RMB 238,034,367.20 in the same period last year[21]. - Net profit attributable to shareholders reached RMB 17,496,812.76, a significant increase of 359.20% from RMB 3,810,292.81 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was RMB 14,099,862.58, up 937.20% from a loss of RMB 1,684,161.58 in the same period last year[21]. - The net cash flow from operating activities was RMB 50,179,391.94, a turnaround from a negative cash flow of RMB 88,321,073.26 in the previous year, marking a 156.81% improvement[21]. - Basic earnings per share increased to RMB 0.1326, up 358.82% from RMB 0.0289 in the same period last year[21]. - The company's operating profit was CNY 19,604,888.19, compared to CNY 4,489,412.02 in the same period last year, marking a significant increase[130]. - The total comprehensive income for the period was CNY 17,478,597.05, a substantial increase from CNY 3,810,292.81 in the previous year[128]. - The company reported a net profit margin improvement due to increased revenue and controlled costs, although specific net profit figures were not disclosed in the provided data[126]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 851,164,895.91, a slight increase of 0.09% from RMB 850,430,396.85 at the end of the previous year[21]. - The total assets as of June 30, 2022, amounted to CNY 851,403,775.87, slightly up from CNY 850,440,563.25 at the beginning of the year[124]. - Total liabilities decreased to CNY 205,208,374.14 as of June 30, 2022, down from CNY 220,278,654.15 at the start of the year, reflecting a reduction of approximately 6.8%[124]. - The company's total assets included cash and cash equivalents of ¥99,455,232.32, which represented 11.68% of total assets, an increase from 9.23% in the previous year[49]. - The equity attributable to shareholders at the end of the reporting period was 621 million yuan, up from 617 million yuan in the previous period[143]. Research and Development - Research and development expenses rose by 25.53% to ¥12,864,546.39, compared to ¥10,247,790.94 in the same period last year[39]. - The company holds 157 patents, including 9 invention patents, and has a dedicated R&D center to enhance product innovation and quality[34]. - The company is focusing on enhancing its technological capabilities through research and development initiatives[142]. Market and Sales - Approximately 90% of the company's sales are from exports, with a focus on ODM (Original Design Manufacturer) model for international markets[31]. - The company aims to expand its market share by collaborating with domestic and international infrastructure projects, focusing on high-end clients[33]. - International sales accounted for 86.96% of total revenue, amounting to ¥229,479,298.97, which is a 12.34% increase from ¥204,280,478.15 in the previous year[42]. - The company has established stable strategic partnerships with over 100 clients in regions such as the US, Germany, and Australia, exporting to more than 50 countries[35]. Financial Management - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts, clarifying that these do not constitute binding commitments to investors[5]. - The company has established a sound organizational structure and operational procedures for financial derivative transactions to mitigate risks associated with currency and interest rate fluctuations[53]. - The company has a comprehensive information disclosure system to enhance transparency and investor confidence[68]. Corporate Governance - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[75]. - There were no changes in the board of directors or senior management during the reporting period[62]. - The company has not engaged in any significant related party transactions during the reporting period[80]. Environmental and Social Responsibility - The company does not belong to the key pollutant discharge units as per environmental protection regulations[67]. - The company actively participates in social responsibility initiatives and aims to create social value[67]. - The company has committed to environmental protection and sustainable development, implementing effective environmental management systems[70]. Future Outlook - The company plans to continue its market expansion efforts, focusing on new product development and technological advancements[139]. - Future guidance suggests continued revenue growth, with expectations of reaching 12 billion yuan by the end of the fiscal year[142]. - The company plans to diversify its foreign market customer base to mitigate risks associated with international trade[59].

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。 证券代码：002779 证券简称：中坚科技 公告编号：2022-018 浙江中坚科技股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动 的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 为推动上市公司做好投资者关系管理工作，更好帮助投资者了解上市公司情 况，进一步促进上市公司提升治理水平，不断提高上市公司质量，浙江中坚科技 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浙江监管 局指导、浙江上市公司协会联合深圳市全景网络有限公司等机构共同举办的辖区 上市公司投资者网上集体接待日主题活动。现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网 络平台，采取网络远程的方式进行，投资者可登录"全景• 路演天下" （http://rs.p5w.net）参与本次活动，活动时间：2022 年 5 月 13 日（星期五）15:00 —17:00。 届时公司董事长兼总经理吴明根先生，董事兼财务总监卢赵月女士 ...

1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中 财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 浙江中坚科技股份有限公司 2022 年第一季度报告全文 证券代码：002779 证券简称：中坚科技 公告编号：2022-016 浙江中坚科技股份有限公司 2022年第一季度报告 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。 重要内容提示： □ 是 √ 否 一、主要财务数据 (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 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 134,231,441.35 | 109,730,283.37 | 22.33% | | 归属于上市公司股东的净利润（元） | 6,904,453.49 | -957,912. ...

Financial Performance - The company's operating revenue for 2021 was ¥540,168,566.43, representing a 36.79% increase compared to ¥394,879,383.07 in 2020[21] - The net profit attributable to shareholders for 2021 was ¥12,499,679.17, a significant turnaround from a loss of ¥24,180,198.80 in 2020, marking a 151.69% increase[21] - The net profit after deducting non-recurring gains and losses was ¥4,060,102.89, improving by 114.05% from a loss of ¥28,903,295.36 in the previous year[21] - The basic earnings per share for 2021 was ¥0.09, compared to a loss of ¥0.18 per share in 2020, reflecting a 150.00% increase[21] - The total assets at the end of 2021 were ¥850,430,396.85, a decrease of 3.53% from ¥881,575,250.11 at the end of 2020[21] - The net assets attributable to shareholders increased by 2.02% to ¥630,151,742.70 at the end of 2021, up from ¥617,662,229.93 in 2020[21] - The company reported a net cash flow from operating activities of -¥59,830,516.19, a decline of 250.04% compared to ¥39,875,147.52 in 2020[21] - The weighted average return on net assets for 2021 was 2.00%, an improvement from -3.83% in 2020[21] Revenue Breakdown - Revenue from garden tools amounted to ¥515,372,224.57, accounting for 95.41% of total revenue, with a year-on-year growth of 38.38%[48] - Sales of chainsaws generated ¥227,530,708.25, maintaining a stable revenue share of 42.12% and a growth of 36.72% compared to the previous year[50] - The company experienced a significant increase in sales volume of garden tools by 41.25%, driven by enhanced overseas business expansion and increased customer orders[51] - Foreign sales accounted for 87.93% of total revenue, with a substantial increase of 45.10% from ¥327,318,713.17 in 2020[48] Research and Development - The company holds 141 patents, including 9 invention patents, 64 utility model patents, and 68 design patents[33] - The company has increased its R&D investment, focusing on high-end gasoline and lithium battery products, resulting in improved performance in R&D objectives[44] - Research and development expenses increased by 15.07% to ¥29,911,171.73, indicating a commitment to innovation and product development[60] - The number of R&D personnel decreased by 1.25% to 79 in 2021, with a slight increase in the proportion of personnel holding bachelor's degrees[62] Market Expansion and Strategy - The company plans to focus on expanding its market presence in North America, particularly with large retailers and well-known brands[83] - The company aims to enhance its R&D efforts in lithium battery products to maintain a technological edge and develop high-value-added products[83] - The company has established stable strategic partnerships with over 100 clients in key markets such as the United States, Germany, and Australia[41] - The company exports approximately 90% of its products, with a marketing network covering over 50 countries and regions[41] Governance and Management - The company has established a complete and independent financial management system, including independent accounting and financial decision-making[95] - The company actively fulfills its social responsibilities and maintains a balance of interests among stakeholders[91] - The company has implemented a transparent performance evaluation and incentive mechanism for senior management[91] - The board of directors consists of 9 members, including 3 independent directors, meeting legal requirements[90] Cash Dividend and Profit Distribution - The company plans to distribute a cash dividend of ¥0.20 per 10 shares, based on a total of 132,000,000 shares[6] - The company achieved a net profit of ¥12,499,679.17 for the year 2021, with a total distributable profit of ¥265,892,366.53[131] - A cash dividend of ¥0.20 per 10 shares (including tax) will be distributed to shareholders, amounting to a total cash dividend of ¥2,640,000[131] - The cash dividend represents 100% of the profit distribution for the year, in line with the company's policy of distributing at least 80% of profits during mature development stages[130] Internal Control and Compliance - The internal control system has been updated and improved according to national regulations, ensuring effective management and compliance[133] - There were no significant internal control deficiencies identified during the reporting period[134] - The internal control audit report received a standard unqualified opinion, confirming the effectiveness of the internal controls related to financial reporting[140] - The company emphasizes the protection of shareholder and creditor rights, adhering to regulations and improving corporate governance to ensure accurate and timely information disclosure[144] Employee and Social Responsibility - Employee rights are prioritized, with regular safety checks and health assessments to enhance workplace safety and employee well-being[145] - The company is committed to social responsibility, integrating it into daily operations and contributing to local economic development[147] - The company has a training plan that includes internal and external training, focusing on skills development for frontline employees, R&D, marketing, and quality management[121] - The company is focused on continuous improvement in employee working conditions to foster a sense of belonging and cohesion[145]

Financial Performance - The company's operating revenue for Q3 2021 reached ¥139,626,583.05, representing a year-on-year increase of 32.96%[2] - Net profit attributable to shareholders was ¥10,159,581.73, a significant increase of 1,376.13% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥8,406,865.07, up 1,091.79% year-on-year[2] - The company reported a total revenue of ¥377,660,950.25 for the first nine months of 2021, an increase of 33.99% compared to the same period in 2020[8] - Total operating revenue for the third quarter reached ¥377,660,950.25, a significant increase from ¥281,847,157.09 in the previous period[20] - The net profit for the quarter was ¥13,969,874.54, a turnaround from a net loss of ¥5,433,036.98 in the previous year[22] - The operating profit was reported at ¥14,206,804.32, compared to a loss of ¥7,057,618.94 in the same period last year[21] - Basic earnings per share for the quarter were ¥0.1058, compared to a loss per share of ¥0.0412 in the same period last year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥880,099,880.67, showing a slight decrease of 0.17% from the end of the previous year[2] - The total assets of the company as of September 30, 2021, are approximately 880.10 million RMB, slightly down from 881.58 million RMB at the end of 2020[17] - The total liabilities decreased to ¥248,467,776.20 from ¥263,913,020.18 in the previous period[21] - The total liabilities include short-term borrowings of 40 million RMB, which were not present in the previous reporting period[17] - The total liabilities increased to 263,913,020.18 CNY from 267,687,400.99 CNY, reflecting a rise in non-current liabilities due to the new leasing standard[29] - The total equity attributable to shareholders increased to ¥631,632,104.47 from ¥617,662,229.93[21] Cash Flow - Cash flow from operating activities showed a net outflow of ¥65,299,712.62, a decline of 455.46% year-on-year[2] - Cash inflow from investment activities totaled ¥103,727,709.90, up from ¥44,827,371.96 in the previous period[24] - The net cash flow from investment activities was 93,440,981.46 CNY, compared to a negative cash flow of -32,154,845.12 CNY in the previous period[25] - The cash flow from financing activities showed a net outflow of -40,560,416.66 CNY, contrasting with a net inflow of 37,587,785.67 CNY in the previous period[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,725[10] - The largest shareholder, Zhongjian Electromechanical Group Co., Ltd., holds 51.55% of the shares, totaling 68,042,700 shares[11] - The controlling shareholder has pledged 4.89 million shares, accounting for 71.95% of their holdings and 37.09% of the total shares[12] Operational Costs and Profitability - The gross profit margin for the first nine months was impacted by an increase in operating costs, which rose to ¥309,710,035.75, up 34.89% year-on-year[8] - Total operating costs amounted to ¥369,002,729.42, compared to ¥290,783,168.69 in the same period last year, reflecting a rise in costs[21] - The company reported a significant increase in cash received from sales, totaling ¥348,617,204.43, compared to ¥276,670,031.19 in the previous year[24] Government Subsidies and Future Plans - The company received government subsidies amounting to ¥1,154,201.09 during the reporting period, contributing positively to its financial performance[4] - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[2] Other Financial Adjustments - The company has recognized and accrued 1.3 million euros in after-sales maintenance costs due to a product recall event[14] - As of the reporting date, the company has paid approximately 75.95 million USD (around 66 million euros) related to the recall expenses[14] - The implementation of the new leasing standard resulted in necessary adjustments to the financial statements, impacting both assets and liabilities[30] - The non-current assets increased by 3,774,380.81 CNY due to adjustments related to the new leasing standard[30] - The company has not yet audited the third-quarter report, indicating that the figures are subject to change[31]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥238,034,367.20, representing a 34.61% increase compared to ¥176,834,310.06 in the same period last year[21]. - The net profit attributable to shareholders of the listed company reached ¥3,810,292.81, a significant turnaround from a loss of ¥6,121,297.09 in the previous year, marking a 162.25% improvement[21]. - The basic earnings per share increased to ¥0.03 from a loss of ¥0.05, reflecting a 160.00% increase year-on-year[21]. - The company's revenue for the reporting period was ¥238,034,367.20, representing a year-on-year increase of 34.61% compared to ¥176,834,310.06 in the same period last year[39]. - The total profit for the first half of 2021 was ¥4,517,854.92, recovering from a total loss of ¥7,881,205.80 in the same period last year[123]. - The comprehensive income for the current period increased by CNY 292.81 million, indicating a significant recovery from the previous period's loss of CNY 6.12 million[134]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥88,321,073.26, a decline of 594.45% compared to a positive cash flow of ¥17,862,606.08 in the same period last year[21]. - The net cash flow from investing activities improved to ¥86,408,656.47, a 393.88% increase from -¥29,403,200.38[39]. - The net cash flow from financing activities was -¥40,560,416.66, a decrease of 202.49% from ¥39,576,113.89[39]. - Total assets at the end of the reporting period were ¥869,037,946.04, a decrease of 1.42% from ¥881,575,250.11 at the end of the previous year[21]. - Current assets totaled ¥502,643,375.11, slightly down from ¥505,745,301.59 at the end of 2020[118]. - Cash and cash equivalents decreased to ¥63,736,114.44 from ¥69,593,295.61[117]. - The company's accounts receivable rose to ¥128,770,158.30, representing 14.82% of total assets, due to increased sales[48]. Liabilities and Equity - Total liabilities decreased to ¥247,565,423.30 from ¥263,913,020.18, a reduction of approximately 6.2%[120]. - The company's equity attributable to shareholders increased to ¥621,472,522.74 from ¥617,662,229.93, showing a slight growth[120]. - The total liabilities at the end of the reporting period were CNY 1,904 million, reflecting a decrease from CNY 2,043 million in the previous period[132]. Market and Product Overview - The company primarily engages in the research, production, and sales of garden machinery and portable digital generators, with a focus on products such as chainsaws, brush cutters, hedge trimmers, riding lawn mowers, and sweepers[29]. - The company's products are mainly exported, adopting an order-based production model, with ODM accounting for the majority of sales, while OBM and OEM models account for a smaller share[32]. - The company has established stable strategic partnerships with numerous well-known international brands, leveraging its technological accumulation, product innovation, and brand advantages[33]. - The company’s marketing network covers Europe, America, Australia, and Asia, exporting products to over 50 countries and regions, with a strong presence in the US, Germany, Italy, France, the UK, and Australia[36]. - The company is positioned to benefit from the growing demand for lithium battery products, which are becoming a major trend in the industry due to their environmental and noise reduction advantages[30]. Research and Development - Research and development expenses rose by 8.84% to ¥10,247,790.94 from ¥9,415,310.94[39]. - The company has obtained a total of 137 patents, including 9 invention patents, 63 utility model patents, and 64 design patents, reflecting its commitment to innovation and technology development[35]. - The company aims to leverage technological advancements to improve operational efficiency and product offerings in the upcoming quarters[132]. Risk Management - The company has identified potential risks in its future development, which are detailed in the report[6]. - The management has not made any substantial commitments regarding future plans or performance forecasts, emphasizing the need for investors to understand the associated risks[6]. - The company faces risks from international trade protection policies, currency fluctuations, and the ongoing impacts of the COVID-19 pandemic, which could affect its export business[56]. - The company plans to enhance its domestic market development and diversify its foreign market customer base to mitigate risks[56]. Shareholder Information - The company has established a stable profit distribution method and a reasonable dividend policy to protect shareholder interests[66]. - The controlling shareholder pledged 17.96 million shares, accounting for 26.40% of its total shares held and 13.61% of the company's total share capital[92]. - The largest shareholder, Zhongjian Electromechanical Group, holds 51.55% (68,042,700 shares) of the total shares, which are pledged[102]. - The company has 9,231 common shareholders at the end of the reporting period[102]. Compliance and Reporting - The financial report for the first half of 2021 was not audited[115]. - The company has maintained its financial reporting in accordance with the accounting standards set by the Ministry of Finance, ensuring the accuracy and completeness of its financial statements[145]. - The company has evaluated its ability to continue as a going concern for the next 12 months and found no significant doubts regarding its operational viability[143].