Group 1: Financial Performance - In Q3 2020, the company's revenue was approximately CNY 392 million, a year-on-year increase of 2.30%; for the first nine months, revenue was about CNY 1.063 billion, up 25.25% year-on-year [3] - The net profit attributable to shareholders in Q3 2020 was approximately CNY 46.38 million, a decrease of 2.49% year-on-year; for the first nine months, it was about CNY 122 million, an increase of 20.20% year-on-year [3] - The comprehensive gross margin for Q3 2020 was 35.24%, an increase of 1.47% year-on-year; for the first nine months, it was 34.36%, a slight decrease of 0.39% [3] Group 2: Expense Overview - Sales expenses for the first nine months were approximately CNY 111 million, a year-on-year increase of 17.42%; R&D expenses were about CNY 70.44 million, up 35.27% year-on-year; management expenses were approximately CNY 53.16 million, an increase of 5.63% year-on-year [4] - R&D investment increased significantly due to the hiring of more personnel and greater investment in new products and businesses [4] Group 3: Market and Industry Insights - The construction scale of data centers in China has rapidly increased, especially for large and super-large data centers, which are growing faster than the industry average [4] - In the telecommunications sector, the construction scale of 5G networks in China slowed down in Q3 compared to Q2 [4] - The company is focusing on new business opportunities in liquid cooling, air cooling, and healthy air environment machines, increasing investment in precision manufacturing platform construction and new business development [4] Group 4: Cash Flow and Project Management - The company faced challenges in cash flow due to the pandemic affecting project implementation and payment collection; however, Q3 operating cash flow was approximately CNY 190 million, with a cumulative cash flow of CNY 630,000 for the first nine months [4] - The company has strengthened its collection and project management efforts in Q3 to improve cash flow [4] Group 5: Investor Relations and Regulatory Compliance - The company submitted materials for a non-public issuance of A-shares to the China Securities Regulatory Commission (CSRC) in early October, which were accepted [4] - The company ensured that information disclosure was truthful, accurate, complete, timely, and fair, with no significant undisclosed information leaks [5]

Group 1: Company Overview - Yingweike is a provider of temperature control and heat dissipation products based on a shared technology platform, focusing on four main product lines: data center temperature control, cabinet cooling, new energy bus air conditioning, and subway train air conditioning [2][3]. Group 2: Market Demand and Response - The demand for large data centers has shifted from traditional security needs to stricter requirements for construction and operational costs, influenced by new energy-saving policies [3]. - The company has led the domestic market in evaporative cooling technology since 2016, successfully implementing solutions in various data center projects [3][4]. Group 3: 5G Related Developments - The demand for 5G continues to grow, with the company completing the design of outdoor cabinet cooling products for 5G base stations [4]. Group 4: Future Development Plans - The company plans to continue focusing on temperature control, heat dissipation, and environmental control, increasing investment in R&D and optimizing supply chain layouts to enhance market share in various segments [4]. Group 5: Performance Metrics - Shanghai Kettai achieved a performance completion rate of 105.52% for its 2018 commitments, with no goodwill impairment reported for that year [4].

Financial Performance - Revenue for the third quarter was RMB 612.36 million, a 17.21% increase year-over-year[5] - Net profit attributable to shareholders for the third quarter was RMB 64.52 million, up 45.04% year-over-year[5] - Operating revenue for the period reached 1,485,063,513.26 yuan, slightly down from 1,503,678,924.15 yuan in the same period last year[38] - Net profit attributable to parent company owners rose to 777,310,641.34 yuan from 720,627,209.10 yuan[34] - Net profit attributable to parent company shareholders was RMB 116.86 million, compared to RMB 151.42 million in the previous period[41] - Basic and diluted earnings per share were RMB 0.27, down from RMB 0.36 in the previous period[41] - Sales revenue from goods and services was RMB 1.70 billion, up from RMB 1.39 billion in the previous period[41] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 3.93 billion, a 13.77% increase compared to the end of the previous year[5] - Total assets increased to 3,932,212,316.51 yuan, up from 3,456,406,539.62 yuan in the previous period[34] - Total current assets as of September 30, 2022, were RMB 3,150,028,114.15, up from RMB 2,711,746,073.08 at the beginning of the year[27] - Fixed assets grew to 265,430,545.78 yuan, compared to 258,621,812.27 yuan previously[30] - Construction in progress surged to 22,454,351.02 yuan, more than double the previous 10,151,179.07 yuan[30] - Total liabilities increased to 2,010,212,586.30 yuan from 1,605,128,341.95 yuan, reflecting expanded operations[34] - Short-term borrowings decreased to 485,000,000.00 yuan from 580,000,000.00 yuan, improving liquidity position[30] Cash Flow - Net cash flow from operating activities increased by 64.30% to 102,072,750.68 yuan, driven by higher customer receivables and project advance payments[12] - Net cash flow from investing activities improved by 149.37% to 36,433,570.62 yuan, mainly due to the redemption of financial products[12] - Net cash flow from financing activities decreased by 152.81% to -187,265,551.44 yuan, due to reduced new borrowings and the absence of funds from a previous stock issuance[12] - Cash flow from operating activities increased to RMB 102.07 million, up from RMB 62.12 million in the previous period[44] - Cash flow from investing activities was RMB 36.43 million, compared to a negative RMB 73.80 million in the previous period[44] - Cash flow from financing activities was negative RMB 187.27 million, compared to a positive RMB 354.61 million in the previous period[47] - Total cash and cash equivalents at the end of the period were RMB 427.80 million, down from RMB 715.22 million in the previous period[47] - Cash received from tax refunds was RMB 18.47 million, compared to RMB 10.65 million in the previous period[44] - Cash paid for goods and services was RMB 1.10 billion, up from RMB 954.36 million in the previous period[44] - Cash paid to employees was RMB 293.15 million, compared to RMB 243.15 million in the previous period[44] Inventory and Expenses - Inventory increased by 104.28% to RMB 817.08 million, mainly due to increased contract fulfillment costs and stockpiling[9] - The company's inventory increased significantly to RMB 817,077,756.71 as of September 30, 2022, compared to RMB 399,982,169.33 at the beginning of the year[27] - Prepaid expenses surged by 183.57% to RMB 44.49 million, primarily due to increased prepayments for materials[9] - R&D expenses increased to 124,042,734.18 yuan, up from 100,181,187.78 yuan, reflecting continued investment in innovation[38] - The company's share-based compensation expenses for the reporting period were RMB 17.30 million, impacting net profit by RMB 14.50 million[5] Shareholder and Equity Information - The total number of ordinary shareholders at the end of the reporting period was 24,348[13] - Shenzhen Envicool Investment Co., Ltd. holds 25.66% of the shares, making it the largest shareholder[15] - The top 10 shareholders collectively hold a significant portion of the company's shares, with notable holdings by institutional investors such as ICBC and CCB[17] - The company repurchased and canceled 10,342 restricted shares, accounting for 0.0031% of the total shares before the repurchase, at a price of RMB 7.642 per share[21] - The company's controlling shareholder, Yingweike Investment, pledged 2.4 million shares to China Merchants Securities on February 15, 2022, with the pledge set to expire on February 14, 2023[21] - On April 25, 2022, 12,079,744 shares issued to specific investors were released from lock-up and became tradable[22] - The company adjusted its 2022 stock option incentive plan, reducing the number of eligible participants from 267 to 262 and the total stock options from 8.35 million to 8.325 million, with the exercise price adjusted to RMB 14.68 per share[22] - On July 22, 2022, the company granted 10,822,500 stock options to 262 eligible participants at an exercise price of RMB 14.68 per share[23] - Shareholder Shanghai Bingyuan plans to continue reducing its holdings by up to 4,776,232 shares, representing approximately 1.10% of the company's total shares at the time[24] Government Subsidies and Tax - Government subsidies received during the reporting period amounted to RMB 7.28 million[8] - Deferred tax assets grew by 30.33% to RMB 52.83 million, driven by unrealized profits from internal transactions and share-based compensation[9] - Deferred tax assets grew significantly to 52,828,933.43 yuan from 40,535,751.83 yuan, indicating better tax planning[30] Other Financial Metrics - The company's weighted average return on equity (ROE) for the third quarter was 3.40%, up 0.35 percentage points year-over-year[5] - Accounts payable increased by 31.77% to 288,337,015.77 yuan, mainly due to unpaid bank acceptance bills issued to suppliers[12] - Contract liabilities surged by 339.80% to 413,035,466.04 yuan, driven by large advance payments received[12] - Employee compensation payable decreased by 44.95% to 31,559,879.45 yuan, primarily due to the payment of year-end bonuses[12] - Other comprehensive income rose by 396.69% to 1,084,654.12 yuan, mainly due to foreign currency translation differences[12] - Contract liabilities jumped to 413,035,466.04 yuan from 93,914,893.62 yuan, indicating strong future revenue potential[30] - As of September 30, 2022, the company's monetary funds amounted to RMB 517,480,043.78, a decrease from RMB 574,148,625.06 at the beginning of the year[27]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥872,705,211.40, a decrease of 11.06% compared to ¥981,235,075.67 in the same period last year[28]. - The net profit attributable to shareholders was ¥52,342,921.21, down 51.05% from ¥106,936,965.17 year-on-year[28]. - The basic earnings per share decreased by 53.85% to ¥0.12 from ¥0.26 in the previous year[28]. - The net cash flow from operating activities was ¥40,096,887.16, a decline of 57.93% compared to ¥95,303,507.90 in the same period last year[28]. - Total assets at the end of the reporting period were ¥3,427,441,718.72, a decrease of 0.84% from ¥3,456,406,539.62 at the end of the previous year[28]. - The net assets attributable to shareholders were ¥1,849,773,711.84, down 0.39% from ¥1,856,990,566.38 at the end of the previous year[28]. - The weighted average return on net assets was 2.79%, a decrease of 4.58% compared to 7.37% in the previous year[28]. - The gross profit margin for precision temperature control energy-saving products was 28.84%, down by 2.59% year-on-year[64]. - The company's operating revenue for the reporting period was ¥872,705,211.40, a decrease of 11.06% compared to ¥981,235,075.67 in the same period last year[61]. - The net cash flow from operating activities improved by 79.42%, reaching -¥36,276,907.68 compared to -¥176,291,771.66 in the previous year[61]. - The revenue from cabinet temperature control energy-saving products increased by 30.01% to ¥379,113,358.52, while the revenue from room temperature control energy-saving products decreased by 30.13% to ¥370,094,314.40[64]. - The overseas revenue increased by 57.61% to ¥188,122,764.54, while domestic revenue decreased by 20.57% to ¥684,582,446.86[64]. Investments and R&D - Research and development investment increased by 18.91% to ¥75,493,454.88 from ¥63,488,640.19 in the previous year[61]. - The company has established research institutes in Shenzhen and Beijing to enhance R&D capabilities and foster new product development[54]. - The company has developed a comprehensive product R&D system in the field of equipment cooling and environmental control, focusing on customer needs and rapid product launches[50]. - The company is committed to investing in new product and business development based on a unified technology and business platform[93]. Market Position and Strategy - Significant projects won include a large share of China Mobile's new terminal procurement project and several other major contracts with Tencent, Alibaba, and China Telecom, which will contribute to revenue in the current and subsequent periods[41]. - The company has seen a notable increase in the proportion of liquid cooling business within its data center temperature control segment, enhancing its core competitive advantage[44]. - The company is actively involved in the "East Data West Computing" project, which aims to develop a national integrated computing network and promote the green development of data centers[40]. - The company is a leading supplier in the domestic energy storage temperature control industry, actively expanding its customer base[57]. - The company has established strong partnerships with major clients such as Huawei and Eltek, enhancing its market position in the communication cabinet equipment temperature control sector[57]. - The company has a strong client base in the data center sector, providing energy-efficient cooling systems to major clients like Tencent and Alibaba[56]. Environmental and Social Responsibility - The company emphasizes environmental responsibility, adhering to national regulations and promoting energy-saving initiatives[109]. - The company has actively fulfilled its social responsibilities, creating value for stakeholders while focusing on environmental protection and energy conservation[114]. - The company has not faced any administrative penalties for environmental issues during the reporting period[109]. Employee and Management - The company has a well-structured management team with experience from major firms like Huawei and Emerson, enhancing its operational effectiveness[55]. - The company emphasizes the importance of talent retention and competitive compensation to maintain its long-term development[94]. - The company has implemented a diverse compensation assessment system for employees, rewarding outstanding performance both materially and spiritually[118]. - The company provides various employee benefits, including commuting buses, dormitories, meal subsidies, and holiday activities[118]. - The company actively provides various training and development opportunities for employees to enhance their professional skills[118]. Financial Management and Risks - The company faces risks from intensified market competition and plans to leverage its core capabilities to maintain a competitive edge[93]. - The company has no significant litigation or arbitration matters during the reporting period, with minor disputes totaling approximately 118.57 million yuan[124]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[119]. - The company has no violations regarding external guarantees during the reporting period[119]. - The company has not encountered any issues or other situations regarding the use and disclosure of raised funds[85]. - The company has not experienced any significant changes in the feasibility of its investment projects[85]. Shareholder and Capital Structure - The total share capital increased from 334,315,904 shares to 434,597,230 shares during the reporting period[171]. - A total of 100,291,668 shares were distributed as a capital reserve conversion, with a cash dividend of 1.80 RMB per 10 shares paid to all shareholders[170]. - The company reported earnings per share of 0.12 RMB for the first half of 2022, with a net asset value per share of 4.26 RMB at the end of the period[171]. - The largest shareholder, Shenzhen Yingweike Investment Co., Ltd., holds 25.66% of the shares, totaling 111,524,581 shares, with 38,064,000 shares pledged[178]. - The total number of ordinary shareholders at the end of the reporting period was 30,166[175]. - The company has a stock option incentive plan approved by shareholders, aimed at aligning employee interests with company performance[102]. Operational Stability - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[185]. - The semi-annual financial report was not audited[195]. - The company has maintained a consistent operational strategy without any major changes in management or contracting, reflecting stability in its business model[138][139]. - The company has no significant guarantees or collateral arrangements that could pose financial risks during the reporting period[145].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 400,173,374.16, representing a 17.10% increase compared to CNY 341,737,793.95 in the same period last year[1]. - Net profit attributable to shareholders decreased by 59.26% to CNY 12,686,178.44 from CNY 31,142,136.29 year-on-year[1]. - The company's basic earnings per share decreased by 60.00% to CNY 0.04 from CNY 0.10 in the same period last year[1]. - Net profit for the period was ¥11,528,475.19, a decrease of 61.2% from ¥29,708,182.18 in the same quarter last year[29]. - The total comprehensive income for the period was ¥11,450,918.41, down from ¥29,735,660.01, reflecting a decline of 61.4%[29]. Cash Flow - The net cash flow from operating activities improved by 154.12%, reaching CNY 58,709,429.56, compared to a negative cash flow of CNY -108,487,101.22 in the previous year[1]. - Cash inflows from operating activities totaled $599,205,889.38, compared to $421,045,709.85 in the prior period, representing an increase of approximately 42.4%[34]. - Cash outflows from operating activities were $540,496,459.82, slightly up from $529,532,811.07, indicating a marginal increase of about 2%[34]. - The net cash flow from investing activities was $129,898,033.21, a recovery from a net outflow of $68,248,384.97 in the previous period[37]. - The ending cash and cash equivalents balance was $559,054,717.06, up from $242,926,030.28, marking an increase of about 130%[37]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 3,433,164,378.99, a decrease of 0.67% from CNY 3,456,406,539.62 at the end of the previous year[1]. - Total assets decreased to ¥3,433,164,378.99 from ¥3,456,406,539.62, a decline of 0.7%[25]. - Total liabilities decreased to ¥1,570,435,262.91 from ¥1,605,128,341.95, a reduction of 2.2%[25]. - The company's cash and cash equivalents at the end of Q1 2022 amount to ¥661,407,437.91, an increase from ¥574,148,625.06 at the beginning of the year[19]. Investments and Income - The company's investment income increased significantly by 6031.89% to CNY 942,597.83, primarily due to higher returns from financial products[9]. - The company reported a significant increase in research and development expenses, which rose to ¥36,173,514.39 from ¥30,613,164.89, marking a 18.5% increase[25]. - Other income for the quarter was ¥4,941,415.59, down from ¥6,440,531.89, a decrease of 23.2%[29]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,597, with the top 10 shareholders holding 61.88% of the shares[11]. - Shenzhen Yingweike Investment Co., Ltd. holds 25.66% of the shares, totaling 85,788,139 shares, with 29,280,000 shares pledged[11]. - The company completed the repurchase and cancellation of 10,342 restricted shares, accounting for 0.0031% of the total share capital[16]. - The company’s controlling shareholder, Yingweike Investment, pledged 2.4 million shares on February 15, 2022, which will mature on February 14, 2023[16]. Inventory and Receivables - Accounts receivable decreased to ¥1,015,125,331.72 from ¥1,108,242,119.98, indicating a reduction of approximately 8.5%[19]. - Inventory increased to ¥467,260,973.94 from ¥399,982,169.33, reflecting a growth of about 16.8%[19]. - The total current assets decreased to ¥2,667,800,285.18 from ¥2,711,746,073.08, a decline of approximately 1.6%[19].

Financial Performance - The company's operating revenue for 2021 was ¥2,228,220,907.71, representing a 30.82% increase compared to ¥1,703,335,763.28 in 2020[29]. - The net profit attributable to shareholders for 2021 was ¥205,047,595.71, which is a 12.86% increase from ¥181,682,137.28 in 2020[29]. - The net cash flow from operating activities reached ¥180,279,609.85, a significant increase of 1,750.91% compared to ¥9,740,057.33 in 2020[29]. - The total assets at the end of 2021 were ¥3,456,406,539.62, marking a 22.49% increase from ¥2,821,848,629.39 at the end of 2020[29]. - The net assets attributable to shareholders increased by 32.26% to ¥1,856,990,566.38 at the end of 2021, up from ¥1,404,036,166.74 at the end of 2020[29]. - The company achieved a revenue of 2,228.22 million yuan, representing a year-on-year growth of 30.82%[69]. - The net profit attributable to shareholders reached 205.05 million yuan, an increase of 12.86% compared to the previous year[69]. - The revenue from precision temperature control energy-saving products accounted for 100% of total operating revenue, with a total of ¥2,228,220,907.71, up 30.82% year-on-year[70]. - Revenue from domestic sales was ¥1,948,709,309.34, making up 87.46% of total revenue, with a year-on-year growth of 20.28%[70]. - Revenue from overseas sales surged to ¥279,511,598.37, a significant increase of 235.82% from ¥83,232,285.36 in 2020[70]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 1.80 RMB per 10 shares (including tax) to all shareholders, based on a total of 334,305,562 shares[6]. - The annual shareholders meeting had a participation rate of 46.38% on May 18, 2021, and 48.72% on November 26, 2021[158]. - The total number of shares held by the chairman and general manager, Qi Yong, remained at 19,956,990 shares[159]. - The total number of shares held by the company's directors and senior management at the end of the reporting period was 85,052,640 shares, with a reduction of 3,397,000 shares during the period[163]. - The board of directors approved a dividend payout of 0.5 RMB per share, reflecting a commitment to returning value to shareholders[181]. Governance and Management - The company emphasizes the importance of accurate financial reporting, with key personnel confirming the integrity of the annual report[5]. - The company’s board of directors and supervisory board have all attended the meeting to review the annual report, reflecting strong governance practices[6]. - The company has established a governance structure that complies with relevant regulations, ensuring no unresolved governance issues exist[146]. - The board of directors consists of 9 members, including 3 independent directors, meeting legal requirements for composition[147]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finances, ensuring no fund occupation occurs[148]. - The company has an independent financial department and accounting system, making autonomous financial decisions without interference from the controlling shareholder[154]. - The company has established specialized committees within the board to oversee strategic development, auditing, nominations, and compensation[147]. - The company has committed to maintaining a balance of interests among stakeholders, promoting sustainable and healthy development[150]. - The company has made significant changes in its board and management structure, including the appointment of new independent directors and supervisors[167]. Research and Development - The company has maintained a focus on R&D investments to meet the increasing energy efficiency requirements in the data center industry[42]. - The company has established a comprehensive R&D system for thermal management and environmental control, continuously launching new products and solutions[58]. - The company holds 86 software copyrights and 616 patents, including 42 invention patents[60]. - The company’s R&D investment amounted to ¥150,124,947.02 in 2021, representing a 29.93% increase from ¥115,544,766.60 in 2020[88]. - The number of R&D personnel increased to 909 in 2021, up 6.57% from 853 in 2020[86]. - Research and development expenses rose by 29.93% to ¥150,124,947.02 in 2021, up from ¥115,544,766.60 in 2020[82]. Market Position and Strategy - The company is actively promoting energy-efficient products and solutions in various sectors, including data centers and electric vehicle charging stations, aligning with the themes of "new infrastructure" and "carbon neutrality"[42]. - The company is positioned to benefit from the growing demand for electric vehicles and related cooling products, driven by the electrification of public transport and logistics[47]. - The company aims to lead the industry with new technologies such as the next-generation modular air conditioning systems and independent battery thermal management systems[87]. - The company plans to expand its product offerings in energy storage and electric vehicle cooling solutions, while optimizing costs to enhance competitiveness and profitability[126]. - The company is actively pursuing new business opportunities in health air environment control for both commercial and residential sectors[126]. - The company is planning to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2022[141]. Risks and Challenges - The company faces risks from intensified market competition, which could impact its ability to maintain technological and product leadership[129]. - There is a risk related to the unfavorable development of new business expansions, which could lead to mismatched input-output ratios affecting operational performance[129]. - The company is at risk of losing key talent due to increasing competition for industry professionals, which could adversely affect long-term development[130]. - Changes in national industrial policies could impact the company's operations in sectors like big data, cloud computing, and new energy vehicles[131]. Investor Relations - The company has a dedicated investor relations team to manage communications and maintain good relationships with stakeholders[149]. - The company actively engages with investors through various communication channels, enhancing transparency and investor relations[149]. - The company has implemented a network voting system for shareholders, ensuring equal rights for minority shareholders[146]. Subsidiaries and Operational Structure - The company has a total of 9 subsidiaries, including fully owned and controlling subsidiaries, indicating a diversified operational structure[21]. - The company has not disclosed any significant changes in its controlling shareholders since its establishment, suggesting stability in ownership[27]. - The company has not reported any changes in the status of directors, supervisors, or senior management during the reporting period[162].

证券代码：002837 证券简称：英维克 公告编号：2021-069 深圳市英维克科技股份有限公司 关于参加 2021 深圳辖区"沟通传递价值，交流创造良好生态" 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，深圳市英维克科技股份有限公司（以下 简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办的"沟 通传递价值，交流创造良好生态"——2021 深圳辖区上市公司投资者网上集体接待日 活动，现将有关事项公告如下：本次集体接待日活动将在深圳市全景网络有限公司提 供的网上平台，采取网络远程的方式举行，投资者可以登录"全景•路演天下"网站 （http://rs.p5w.net/）或关注微信公众号：全景财经，参与公司本次投资者集体接 待日活动，活动时间为 2021 年 11 月 30 日 14:00 至 17:00。 届时公司的财务总监叶桂梁先生和董事、副总经理兼董事会秘书欧贤华先生将通 过网络文字交流形式与投资者进行沟通。 欢迎广大投资者积极参与。 特此公告。 深圳市英维 ...

Financial Performance - The company's revenue for Q3 2021 reached ¥522,443,848.48, representing a year-over-year increase of 33.13%[4] - Net profit attributable to shareholders for the same period was ¥44,481,090.14, showing a decrease of 4.09% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥37,940,676.26, down by 3.18% year-over-year[4] - Operating revenue increased by 41.44% to CNY 1,503,678,924.15, driven by the recognition of large project acceptance and growth in energy-saving products[10] - Net profit for the period was ¥147,911,751.25, compared to ¥122,858,857.66 in the previous period, reflecting a growth of approximately 20.4%[31] - Total operating revenue for the period reached ¥1,503,678,924.15, a significant increase from ¥1,063,094,602.22 in the previous period, representing a growth of approximately 41.2%[28] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥3,362,001,790.81, reflecting a 19.14% increase from the end of the previous year[4] - The total assets of the company reached ¥3,362,001,790.81, up from ¥2,821,848,629.39, indicating an increase of approximately 19.2%[27] - Total liabilities increased to ¥1,562,437,406.43 from ¥1,417,635,209.37, representing a growth of about 10.2%[27] - The company reported a significant increase in contract liabilities, up 32.00% to CNY 84,155,955.66, reflecting higher advance payments for goods sold[10] - Total liabilities decreased from 1,499,781,147.42 to 1,417,635,209.37, a decrease of 82,145,938.05[44] Equity and Shareholder Information - The equity attributable to shareholders increased to ¥1,802,413,435.16, up by 28.37% compared to the previous year[4] - The company's equity attributable to shareholders rose to ¥1,802,413,435.16 from ¥1,404,036,166.74, reflecting an increase of approximately 28.4%[27] - The company’s minority shareholder equity decreased significantly by 1,707.33% to CNY -2,849,050.78, due to losses from controlling subsidiaries[10] - The company reported a total of 322,236,160.00 in share capital[47] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥62,124,347.51, a significant increase of 9,711.01%[4] - Net cash flow from operating activities surged by 9,711.01% to CNY 62,124,347.51, primarily due to increased sales receipts[13] - Cash inflow from operating activities totaled ¥1,442,511,798.69, up from ¥989,060,461.74, indicating a growth of approximately 45.7%[35] - Cash outflow from investing activities was ¥94,188,126.51, compared to ¥80,479,189.51 in the previous period, showing an increase of 17.5%[38] - The net increase in cash and cash equivalents was ¥341,446,507.13, compared to a decrease of ¥94,789,574.81 in the previous period[38] Research and Development - R&D expenses rose by 42.22% to CNY 100,181,187.78 due to an increase in R&D personnel and related costs[10] - Research and development expenses increased to ¥100,181,187.78 from ¥70,439,101.89, marking a rise of about 42.2%[31] - The company plans to continue investing in R&D and market expansion strategies to sustain growth in the upcoming quarters[30] Investment and Capital Activities - The company plans to invest RMB 1.5 billion in establishing a new headquarters for precision temperature control energy-saving equipment in Zhongshan, Guangdong[18] - The company issued 12,079,744 A-shares at a price of RMB 25.58 per share, raising a total of RMB 308,999,851.52, netting RMB 302,412,589.12 after expenses[18] - The company’s capital reserve increased by 64.57% to CNY 740,411,418.61, resulting from the premium on non-public stock issuance[10] Miscellaneous - The company has not audited its third-quarter report[48] - The company has a capital reserve of 449,911,287.24[47] - The company has a total of 52,686,037.37 in payable employee compensation[44]

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2021, representing a year-on-year increase of 20%[22]. - The net profit attributable to shareholders was RMB 80 million, up 15% compared to the same period last year[22]. - The company's operating revenue for the reporting period was ¥981,235,075.67, representing a year-on-year increase of 46.31% compared to ¥670,663,329.84 in the same period last year[29]. - The net profit attributable to shareholders was ¥106,936,965.17, up 40.81% from ¥75,944,526.65 in the previous year[29]. - The net profit after deducting non-recurring gains and losses was ¥95,303,507.90, reflecting a 50.01% increase from ¥63,530,396.68 year-on-year[29]. - Future outlook indicates a projected revenue growth of 25% for the second half of 2021, driven by increased demand in the automotive sector[22]. User Growth and Market Expansion - User data showed an increase in active users by 30%, reaching a total of 1.5 million users[22]. - Market expansion plans include entering two new provinces by the end of 2021, targeting a 10% increase in market penetration[22]. - The company is considering strategic acquisitions to enhance its product offerings and market reach, with potential targets identified[22]. Research and Development - The company has allocated RMB 50 million for R&D in new technologies, focusing on energy-efficient cooling solutions[22]. - The company has established new technology research institutes in Shenzhen and Beijing to enhance R&D capabilities[56]. - Research and development investment rose by 50.84% to ¥63,488,640.19, attributed to an increase in R&D personnel and related expenses[65]. Product Development and Innovation - The company plans to launch two new products in Q3 2021, aiming to capture a larger market share in the cooling technology sector[22]. - The company has introduced a series of water-cooled units for various energy storage applications, expanding its product offerings in the market[42]. - The company has a comprehensive product development system focused on customer needs, enabling rapid introduction of high-quality products and solutions in the heat dissipation and environmental control sectors[51]. Financial Management and Investments - No cash dividends will be distributed for this period, as the company aims to reinvest profits into growth initiatives[22]. - The company invested ¥50,000,000.00 during the reporting period, a 100% increase compared to the previous year[81]. - The net cash flow from financing activities surged by 639.48% to ¥110,091,819.24, driven by an increase in bank loans[65]. Risk Management - The company has identified potential risks related to supply chain disruptions and is implementing measures to mitigate these risks[22]. - The company faces intensified market competition risks and plans to leverage its core capabilities of understanding customer needs and rapid product launches to maintain competitive advantages[90]. - The company is committed to continuous investment in new product and business development, aiming to mitigate risks associated with new business expansion not meeting expectations[90]. Awards and Recognition - The company has received multiple awards for its products, including the "2018 Data Center Technology Achievement Excellence Award" and the "2019 Data Center Technology Achievement Award" from the China Engineering Construction Standardization Association[56]. - The company has been recognized for its innovative products, with its iFreecooling system awarded as a "2019 Energy-saving and Environmental Protection Product" by the China Refrigeration Society[59]. - The company has received numerous accolades for its contributions to the data center industry, including awards for best innovation and technology solutions[58]. Legal and Compliance - The company is currently involved in a legal arbitration case with Shenzhen Baite Rui, claiming approximately 1,943.73 thousand yuan in unpaid goods[115]. - The company has not experienced any major litigation or arbitration matters during the reporting period[115]. - There were no significant related party transactions during the reporting period[119]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 24,555[167]. - The largest shareholder, Shenzhen Yingweike Investment Co., Ltd., holds 26.62% of shares, totaling 85,788,139 shares[171]. - The number of unrestricted shares increased by 5,564,423, bringing the total to 252,845,284, which represents 78.47% of total shares[158].

Revenue and Profitability - The company's revenue for Q1 2021 was CNY 341,737,793.95, representing a 57.53% increase compared to CNY 216,929,723.87 in the same period last year[8]. - Net profit attributable to shareholders was CNY 31,142,136.29, a significant increase of 195.62% from CNY 10,534,641.16 year-over-year[8]. - The net profit after deducting non-recurring gains and losses reached CNY 28,159,983.66, marking a 294.37% increase compared to CNY 7,140,474.31 in the previous year[8]. - Basic earnings per share were CNY 0.10, up 233.33% from CNY 0.03 in the same quarter last year[8]. - The company's operating revenue reached 341.74 million yuan, an increase of 57.53% compared to the previous year[24]. - The company's net profit for the current period is 29,708,182.18, compared to 11,139,496.27 in the previous period, representing a significant increase[70]. - The total comprehensive income for the current period is 29,735,660.01, up from 11,273,796.95 in the previous period[70]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,929,238,907.69, reflecting a 3.81% increase from CNY 2,821,848,629.39 at the end of the previous year[8]. - The total assets reached ¥2,929,238,907.69, compared to ¥2,821,848,629.39 at the end of 2020, showing an increase of about 3.8%[54]. - The total current assets amounted to ¥2,171,939,807.31, a slight decrease from ¥2,204,063,761.43 at the end of 2020, indicating a reduction of about 1.5%[45]. - The total liabilities increased to ¥1,491,997,968.27 from ¥1,417,635,209.37, which is an increase of approximately 5.2%[51]. - The company's retained earnings as of March 31, 2021, were ¥616,883,837.76, up from ¥585,741,701.47, indicating an increase of approximately 5.3%[54]. - The total liabilities increased to ¥1,919,719,811.37 from ¥1,730,603,805.54, representing a rise of about 10.93%[61]. Cash Flow - The net cash flow from operating activities was CNY -108,487,101.22, a decline of 14.69% compared to CNY -94,591,031.19 in the same period last year[8]. - The company's cash flow from operating activities increased by 85.13% to 408.53 million yuan, driven by higher sales revenue[27]. - Cash inflows from operating activities totaled 421,045,709.85, compared to 230,316,068.83 in the previous period, showing a substantial increase[78]. - The cash flow from operating activities was ¥550,572,571.34, a significant increase from ¥125,698,114.58 in the previous period, indicating improved sales performance[85]. - The company reported a cash and cash equivalents balance of ¥242,926,030.28 at the end of the period, down from ¥272,039,984.47 in the previous period[84]. Expenses and Costs - The gross profit margin was impacted by a corresponding increase in operating costs, which rose to 222.20 million yuan, a 59.15% increase year-on-year[24]. - Research and development expenses increased by 68.75% to 30.61 million yuan, primarily due to higher personnel costs and material inputs[24]. - Operating costs for the first quarter were ¥316,585,625.59, compared to ¥206,144,323.78 in the previous period, showing an increase of approximately 53.69%[66]. - The company's research and development expenses increased to 14,671,299.66 from 9,348,757.19, reflecting a growth of 57.5%[74]. - The company incurred cash payments for purchasing goods and services amounting to ¥455,091,869.21, compared to ¥209,784,393.89 previously, reflecting higher operational costs[85]. Shareholder Information - The company reported a total of 25,045 common shareholders at the end of the reporting period[13]. - The weighted average return on equity was 2.19%, an increase of 1.35% from 0.84% in the previous year[8]. - The company reported a total of CNY 1,404,036,166.74 in equity attributable to shareholders[95]. Government and Regulatory - The company received government subsidies totaling CNY 2,725,298.56 during the reporting period[8]. - There were no non-operational fund occupations by controlling shareholders or related parties during the reporting period[40]. - The company has not audited the first quarter report[103].