证券代码：002865 证券简称：钧达股份 海南钧达汽车饰件股份有限公司投资者关系活动记录表 编号：2017-001 | --- | --- | --- | |--------------------|----------------------------|-----------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动类别 | □ | 特定对象调研 □分析师会议 | | | □ 媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | √ 其他 （ 海南辖区上市公司 | 2016 年度业绩网上集体说明会 ） | | 参与单位名称及人员 | 股东及网民 | | | 姓名 | | | | 时间 | 2017 年 5 月 26 | 日下午 15:00-17:00 | | 地点 | 全景网（ | http://rs.p5w.net ） | | 上市公司 ...

证券代码：002865 证券简称：钧达股份 海南钧达汽车饰件股份有限公司投资者关系活动记录表 编号：2018-001 | --- | --- | --- | |--------------------|-------------------------|-----------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动类别 | □ | 特定对象调研 □分析师会议 | | | □ | 媒体采访 √业绩说明会 | | | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及人员 | 股东及网民 | | | 姓名 | | | | 时间 | 2018 年 4 月 10 | 日下午 15:00-17:00 | | 地点 | 全景网（ | http://rs.p5w.net ） | | 上市公司接待人员姓 | | 公司董事长徐晓平先生；董事、总经理徐勇先生；董 ...

证券代码：002865 证券简称：钧达股份 2022 年 5 月 5 日投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |-------------------------|------------------------------------------------------------------------------------------------|-----------------------------------------------------------------| | 投资者关系活动类别 \n | □特定对象调研 □分析师会议 \n□媒体采访 \n□新闻发布会 □路演活动 \n□现场参观 \n√其他 电话会议 | □业绩说明会 | | 参与单位名称及人员 | 一、 2022 年 5 月 5 日 | | | 姓名 | 第一场：电话会议 | | | | 招商电新游家训团队 | 2 人 | | | | 中银、招商证券金融机构部、招商证券、招商、长晟投资、盈峰资 | | | | 本、玄卜投资（上海）有限公司、旭松投资、新华资产、新华基金、 | | ...

Financial Performance - The company's operating revenue for Q3 2022 reached ¥3,001,673,283.48, representing a significant increase of 1,179.85% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥137,551,890.19, marking a 402.11% increase year-over-year[2]. - The basic earnings per share (EPS) was ¥0.97, reflecting a growth of 385.29% compared to the previous year[2]. - The company's operating revenue reached ¥7,428,282,834.65, a significant increase of 795.75% compared to the previous period, driven by the addition of photovoltaic business[7]. - Operating profit surged to ¥571,760,281.39, reflecting a 794.32% increase, primarily due to the new photovoltaic business[8]. - Net profit for the period was ¥518,931,565.97, marking a 746.37% increase, attributed to the revenue growth from the photovoltaic sector[8]. - The net profit for the same period was 519 million RMB, with a net profit attributable to shareholders of 410 million RMB[13]. - The net profit for Q3 2022 was CNY 518,931,565.97, a significant recovery from a net loss of CNY 80,284,248.88 in the same period last year[22]. - The operating profit reached CNY 571,760,281.39, compared to an operating loss of CNY 82,348,390.26 in Q3 2021[22]. - Basic and diluted earnings per share were both CNY 2.91, a recovery from a loss of CNY 0.61 per share in the previous year[23]. Asset Management - Total assets at the end of the reporting period amounted to ¥8,082,440,212.99, an increase of 34.37% from the end of the previous year[2]. - The total assets as of September 30, 2022, were ¥8,082,440,212.99, compared to ¥6,015,210,593.65 at the beginning of the year, marking a growth of about 34.4%[20]. - The total assets impairment loss decreased by 79.92%, indicating improved asset management following the shift to photovoltaic business[8]. Cash Flow and Financing - The company's cash flow from operating activities showed a net outflow of ¥204,335,205.61, which is a decline of 226.35% year-over-year[2]. - The cash flow from financing activities showed a remarkable increase to ¥1,080,338,395.69, up 5817.72%, indicating strong financing support for the new business[8]. - Total cash inflow from financing activities was CNY 2,393,819,060.10, significantly higher than CNY 190,070,591.48 in the same quarter last year[24]. - The company's cash and cash equivalents at the end of the period reached ¥549,043,684.34, a 1576.98% increase, reflecting improved liquidity[8]. - The company reported a cash and cash equivalents balance of CNY 549,043,684.34 at the end of the quarter, up from CNY 32,740,013.66 at the end of Q3 2021[24]. Business Operations and Strategy - The company disposed of its automotive parts business, leading to a significant reduction in accounts receivable by 78.34% to ¥36,067,013.16[5]. - The company expanded its photovoltaic business, resulting in a 172.99% increase in accounts receivable financing to ¥802,710,398.54[5]. - The company has made significant investments in new photovoltaic projects, contributing to a 67.60% increase in fixed assets to ¥4,048,603,405.74[5]. - The company transitioned its main business focus from automotive parts to the research, production, and sales of photovoltaic batteries[12]. - The company completed the acquisition of the remaining 49% stake in Jietai Technology, making it a wholly-owned subsidiary, which contributed to the financial performance[8]. - The cumulative shipment of battery cells from Jietai Technology reached 6.91 GW, with a year-on-year growth of 75.59%[13]. - The revenue from Jietai Technology's battery cell business was 6.946 billion RMB, a year-on-year increase of 106%[13]. - The company has established and planned three production bases with a total planned annual capacity of 53.5 GW[14]. - The company signed a cooperation agreement for a 26 GW N-type battery project, further accelerating capacity expansion[14]. - The company plans to raise up to 2.83 billion RMB through a private placement to support its rapid development and fund various projects[17]. - The company implemented a stock option incentive plan for 141 core management personnel to align employee interests with corporate growth[16]. Liabilities and Equity - Long-term borrowings increased dramatically to ¥1,214,624,996.00, a rise of 831.46%, reflecting new borrowings for the Chuzhou project[7]. - The total liabilities increased to ¥7,372,419,257.59 from ¥4,410,941,326.36, representing a rise of approximately 67.5%[20]. - The total equity attributable to shareholders decreased to ¥710,020,955.40 from ¥1,001,828,893.56, a decline of approximately 29%[20]. - The company reported a significant increase in accounts payable, which rose to ¥1,945,875,513.81 from ¥967,865,311.52, representing an increase of about 101%[19]. Research and Development - Research and development expenses rose to ¥193,762,187.90, a 300.33% increase, mainly due to the expansion of photovoltaic business[7]. - Research and development expenses for the quarter were ¥193,762,187.90, up from ¥48,400,722.99, reflecting an increase of approximately 300%[21].

Financial Performance - The company's operating revenue for the first half of 2022 reached ¥4,426,609,551.17, representing a 644.28% increase compared to ¥594,749,554.82 in the same period last year[11]. - Net profit attributable to shareholders was ¥272,819,225.61, a significant turnaround from a loss of ¥34,753,691.19 in the previous year, marking an 885.01% increase[11]. - The net profit after deducting non-recurring gains and losses was ¥59,397,061.68, compared to a loss of ¥35,790,896.42 last year, reflecting a 265.96% increase[11]. - Basic earnings per share rose to ¥1.94 from a loss of ¥0.27, indicating an 818.52% improvement[11]. - The weighted average return on net assets increased to 22.75%, up 26.07 percentage points from -3.32% in the previous year[11]. - The company reported a total non-recurring profit and loss of 213,422,163.93, primarily from the disposal of assets related to the automotive trim business[14]. - The company reported a net profit contribution of CNY 8,772.48 million from its photovoltaic business during the reporting period[25]. - The total comprehensive income for the first half of 2022 was CNY 351,412,454.19, compared to CNY 163,216,198.11 in the same period of 2021[128]. - The company's operating profit for the first half of 2022 was CNY 377,020,891.17, a recovery from a loss of CNY 36,933,607.66 in the same period of 2021[125]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,028,400,600.00, a slight increase of 0.22% from ¥6,015,210,593.65 at the end of the previous year[11]. - Net assets attributable to shareholders increased by 35.54% to ¥1,357,843,308.78 from ¥1,001,828,893.56 at the end of the previous year[11]. - The total assets of the company as of June 30, 2022, were CNY 1,824,794,757.87, a decrease from CNY 2,824,202,122.19 at the end of 2021[123]. - The total liabilities decreased to CNY 602,620,469.18 from CNY 1,649,021,513.47, reflecting a reduction of approximately 63.4%[124]. - The total liabilities at the end of the reporting period were 569,558,772.92 CNY, indicating a stable financial structure[140]. Cash Flow - The net cash flow from operating activities was -¥33,221,564.70, a decline of 24.66% compared to -¥26,648,759.05 in the previous year[11]. - The company reported a cash inflow of CNY 376,225,478.81 from the disposal of subsidiaries and other business units in the first half of 2022[131]. - Cash inflow from financing activities reached CNY 1,255,970,492.00 in the first half of 2022, a substantial increase from CNY 173,228,480.56 in the first half of 2021[130]. - The cash flow from operating activities for the parent company was negative CNY 34,882,946.90 in the first half of 2022, compared to negative CNY 13,921,016.06 in the same period of 2021[131]. Business Operations - The company sold all assets related to its automotive trim business to Yang's Investment, completing the transaction in June 2022, and is now focusing on its photovoltaic main business[15]. - The photovoltaic main business is operated by its subsidiary, Jietai Technology, which has an annual production capacity of 8.8GW for monocrystalline large-size batteries and 8GW for N-type monocrystalline large-size batteries[15]. - The company aims to become a world-class photovoltaic technology company, leveraging its advanced production processes and equipment[15]. - The company plans to continue expanding its photovoltaic business, which is expected to drive future revenue growth[30]. - The company plans to increase its annual production capacity of monocrystalline PERC batteries from 8.2 GW to 8.8 GW through upgrades[27]. Research and Development - Research and development expenses surged to ¥126,435,136.31, marking a 328.11% increase from ¥29,533,501.53 in the prior year, attributed to the expansion into the photovoltaic sector[30]. - The company is committed to continuous R&D and technological innovation to maintain a competitive edge in the market[49]. - The company has implemented a "production generation, R&D generation, and reserve generation" strategy for its R&D management[50]. Environmental Management - The company has established a comprehensive environmental management system and a professional team for environmental protection, conducting regular safety and environmental meetings[63]. - The company’s wastewater treatment facilities are equipped with online monitoring systems to ensure real-time monitoring of pollutant emissions[63]. - The company has implemented an emergency response plan for environmental incidents, which has been filed with local environmental authorities[62]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[63]. Shareholder and Equity Information - The largest shareholder, Hainan Jindi Technology Investment Co., Ltd., holds 23.51% of the shares, totaling 33,272,139 shares, with 16,818,971 shares pledged[106]. - The company’s total share capital decreased from 121,681,436 shares to 120,897,436 shares due to the repurchase and cancellation of 784,000 restricted shares[113]. - The company’s stock price has been below the conversion price threshold, triggering conditions for a downward adjustment of the conversion price[114]. - The company has not issued any non-financial corporate debt financing instruments during the reporting period[113]. Risks and Challenges - The company faces potential risks in its future operations, which are detailed in the report[2]. - The company is facing risks from raw material price fluctuations, particularly for silicon wafers, which could impact procurement costs[49]. - The company has experienced increased competition in the photovoltaic industry, with a focus on maintaining competitive advantages through technological innovation and market expansion[47].

Financial Performance - The company's revenue for Q1 2022 reached ¥2,036,249,240.08, a significant increase of 582.10% compared to ¥298,524,875.68 in the same period last year[2] - Net profit attributable to shareholders was ¥21,637,596.17, up 427.14% from ¥4,104,748.57 year-on-year[2] - The company reported a basic earnings per share of ¥0.15, which is a 400.00% increase from ¥0.03 in the same period last year[2] - Operating profit for Q1 2022 was ¥55,021,840.05, compared to ¥4,366,743.78 in Q1 2021, indicating a substantial increase[14] - Net profit for Q1 2022 was ¥50,350,648.18, up from ¥4,104,748.57 in Q1 2021, reflecting a year-over-year growth of approximately 1,287.5%[14] - The company reported a total comprehensive income of ¥50,350,648.18 for Q1 2022, compared to ¥4,104,748.57 in Q1 2021, indicating strong financial performance[14] Cash Flow - The net cash flow from operating activities improved to ¥49,178,975.09, a turnaround from a negative cash flow of -¥33,683,491.41 in the previous year, representing a 246.00% increase[2] - Total cash inflow from operating activities reached ¥875,437,644.40, a significant increase from ¥136,942,806.32 in the previous period, reflecting a growth of approximately 539%[15] - Cash outflow for purchasing goods and services was ¥552,220,761.57, up from ¥108,971,090.36, representing an increase of about 407%[15] - Cash inflow from financing activities amounted to ¥742,000,000.00, a significant rise from ¥79,228,480.56, reflecting an increase of approximately 836%[16] - Net cash flow from financing activities was ¥596,638,580.39, compared to ¥44,293,853.02 in the previous period, indicating a substantial increase[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,798,933,011.06, reflecting a growth of 13.03% from ¥6,015,210,593.65 at the end of the previous year[2] - The total number of ordinary shareholders at the end of the reporting period is 8,549, with 3 preferred shareholders having restored voting rights[7] - The company's total liabilities increased to approximately RMB 2.83 billion from RMB 2.54 billion, indicating a rise of 11.4%[11] - Total liabilities increased to ¥5,074,112,161.84 in Q1 2022 from ¥4,410,941,326.36 in Q1 2021, marking an increase of about 15%[12] - Non-current liabilities rose to ¥1,809,169,815.42 in Q1 2022, compared to ¥1,392,690,460.22 in Q1 2021, reflecting an increase of approximately 30%[12] Research and Development - The company’s R&D expenses surged to ¥64,898,328.08, marking a 519.69% increase compared to ¥10,472,629.17 in the previous year, driven by new photovoltaic business initiatives[6] - Research and development expenses for Q1 2022 were ¥64,898,328.08, significantly higher than ¥10,472,629.17 in Q1 2021, indicating a focus on innovation[13] Shareholder Information - The top shareholder, Hainan Jindi Technology Investment Co., Ltd., holds 23.51% of shares, amounting to 33,272,139 shares, with 9,158,000 shares pledged[8] Inventory and Receivables - Accounts receivable rose to approximately RMB 247.41 million, up from RMB 166.48 million, indicating a year-on-year increase of 48.5%[10] - Inventory increased to approximately RMB 543.53 million from RMB 437.74 million, reflecting a growth of 24.1%[11] - The company reported a significant increase in prepayments, which rose to approximately RMB 367.49 million from RMB 93.53 million, a growth of 292.5%[10] Investment Activities - The company acquired 51% of Jiangxi Jietai New Energy Technology Co., Ltd., contributing to a net profit of ¥0.31 billion in the current period[6] - The company has engaged in significant asset purchases and capital increases, including a recent investment in Chuzhou Jietai New Energy Technology Co., Ltd.[10] - The company's investment activities resulted in a cash outflow of -¥616,044,613.00, primarily due to the acquisition of Jietai Technology[6] Other Information - The company did not conduct an audit for the first quarter report[17] - The diluted earnings per share for the period was ¥0.03[15]

Business Segments and Acquisitions - The company reported a new business segment in the photovoltaic industry after acquiring 51% of Jietai Technology, adding solar cell production to its operations[9]. - The company has not experienced any changes in its major business operations since its listing, except for the recent acquisition[9]. - The company acquired 51% of Jietai Technology, entering the photovoltaic industry and establishing a dual main business model of "photovoltaic cells + auto parts"[19]. - The company successfully acquired 51% of Jietai Technology, marking its entry into the photovoltaic industry[37]. - The main business now includes photovoltaic cell production following the acquisition of Jietai Technology[47]. - The company plans to focus on the photovoltaic battery business, aiming to achieve mass production of N-type TOPCon products and expand production capacity from 8.2 GW to 8.5 GW for PERC products and 8 GW for N-type TOPCon products in 2022[77][78]. Financial Performance - The company's operating revenue for 2021 was ¥2,863,387,814.89, an increase of 233.54% compared to ¥858,474,941.70 in 2020[12]. - The net profit attributable to shareholders for 2021 was -¥178,635,689.37, representing a decrease of 1,418.69% from ¥13,546,420.99 in 2020[12]. - The net cash flow from operating activities for 2021 was ¥580,963,951.79, a significant increase of 1,051.61% compared to ¥50,447,966.68 in 2020[12]. - The total assets at the end of 2021 were ¥6,015,210,593.65, an increase of 223.82% from ¥1,857,557,669.51 at the end of 2020[12]. - The basic earnings per share for 2021 was -¥1.35, a decrease of 1,327.27% from ¥0.11 in 2020[12]. - The company reported a total net profit loss of -¥180,756,886.40 after deducting non-recurring gains and losses for 2021[12]. - The company achieved a net profit of 22,526.58 million RMB in 2021, exceeding the performance commitment of 21,000 million RMB by 1,432.69 million RMB, resulting in a completion rate of 106.82%[151]. Market Outlook and Growth - The company expects significant growth in the global photovoltaic market, with a forecasted increase in installed capacity from 2022 to 2030[21]. - In 2021, China's newly installed photovoltaic capacity reached 54.88 GW, a year-on-year increase of 13.9%, maintaining its position as the world's largest for nine consecutive years[22]. - The cumulative installed photovoltaic capacity in China surpassed 300 GW in 2021, continuing to lead globally for seven years[22]. - The company plans to build a 16 GW high-efficiency solar cell production project, with the first phase of 8 GW expected to commence production in 2022[39]. - The company aims to divest its underperforming automotive trim business to focus on the photovoltaic cell segment, thereby improving overall profitability and company value[40]. Research and Development - The company has a strong focus on R&D, achieving breakthroughs in N-type TOPCon battery production and technology[32]. - The company’s photovoltaic cell business operates under its subsidiary, which focuses on R&D, production, and sales of solar cells, achieving international leading levels in PERC and monocrystalline solar cells[28]. - The average conversion efficiency of N-type TOPCon cells is projected to reach 25.6% by 2030, indicating significant technological advancements[23]. - The company has implemented a comprehensive quality control system based on ISO/TS16949 standards to meet customer requirements[35]. - The company plans to increase R&D investment to enhance technology and product capabilities, including upgrading existing production lines from 166mm to 182mm PERC[78]. Corporate Governance - The financial report was confirmed to be accurate and complete by the company's management, including the CEO and accounting head[2]. - The company maintains complete independence from its controlling shareholder in terms of business, assets, personnel, finance, and organization[84]. - The company has a complete and independent R&D capability, not relying on the controlling shareholder[85]. - The board of directors consists of 9 members, including 3 independent directors, and convened 24 meetings during the reporting period[83]. - The company emphasizes the importance of board meetings in driving strategic initiatives and responding to market changes[109]. Shareholder Relations - The company plans not to distribute cash dividends or issue bonus shares for the year[2]. - The company emphasizes the protection of shareholder rights, particularly for minority shareholders, ensuring timely and accurate information disclosure[137]. - The company has a clear profit distribution policy to ensure reasonable returns for all shareholders[137]. - The company reported a participation rate of 63.60% in the first extraordinary general meeting of 2021[87]. - The company has committed to achieving net profits of no less than 210 million, 270 million, and 310 million CNY for the years 2021, 2022, and 2023 respectively, totaling a minimum of 790 million CNY[140]. Legal and Compliance Issues - The company is involved in a lawsuit with Rongcheng Huatai Automobile Co., Ltd. regarding a contract dispute, with a claim amount of 4,784,485.51 CNY[156]. - The company has also filed a lawsuit against Hunan Leopard Automobile Co., Ltd. for overdue payment of 9,592,409 CNY, with interest calculated at 4.35%[157]. - The company has incurred arbitration fees totaling 27,449 CNY, which Hunan Leopard Automobile Co., Ltd. is required to pay[157]. - The company reported no violations regarding external guarantees during the reporting period[153]. - The company has not faced any administrative penalties or criminal investigations related to insider trading in the last three years[142]. Environmental and Social Responsibility - The company emphasizes the importance of environmental protection and safety production management, with no major safety incidents reported in 2021[137]. - The company has established emergency response plans for environmental incidents, which were filed for record on March 25, 2021[133]. - The company has committed to reducing carbon emissions and improving resource utilization efficiency[137]. - The company actively engages in social responsibility, promoting green operations and sustainable development[137]. - The company has not initiated any poverty alleviation or rural revitalization projects in the reporting period[139].

Financial Performance - The company's revenue for Q3 2021 was ¥234,533,520.37, a decrease of 9.30% compared to the same period last year[2] - The net profit attributable to shareholders was -¥45,530,557.69, reflecting a significant decline of 1,324.31% year-on-year[2] - The net profit after deducting non-recurring gains and losses was -¥46,098,933.40, down 219.99% from the previous year[2] - Operating revenue increased by 46.22% to ¥829,283,075.19 compared to the previous period, driven by the sale of self-assembled products and hardware components[5] - Net profit decreased by 1233.18% to -¥80,284,248.88, primarily due to asset impairment provisions and increased costs[5] - The company reported a 1003.82% decline in total profit to -¥82,835,690.00, influenced by asset impairment provisions[5] - The net profit for the current period was a loss of ¥80,284,248.88, contrasting with a net profit of ¥7,084,839.90 in the previous period, reflecting a decline of 1,232.5%[14] - Basic and diluted earnings per share for the current period were both -0.61, compared to 0.06 in the previous period[15] Cash Flow and Liquidity - Operating cash flow for the year-to-date period reached ¥161,721,699.84, an increase of 2,996.07% compared to the same period last year[2] - Cash inflow from operating activities totaled ¥661,211,944.41, up from ¥406,655,694.48 in the previous period, marking an increase of approximately 62.4%[16] - The net cash flow from operating activities was $161,721,699.84, a significant increase from $5,223,451.16 in the previous period, indicating strong operational performance[17] - The total cash and cash equivalents at the end of the period decreased to $32,740,013.66 from $261,867,359.50, indicating liquidity challenges[17] - The company experienced a net decrease in cash and cash equivalents of $274,231,993.71, contrasting with an increase of $45,913,153.57 in the prior period[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,739,681,566.94, representing a 47.49% increase from the end of the previous year[3] - The company's monetary funds decreased by 82.11% to ¥59,565,550.91 due to increased equity investments and funding for projects[4] - Inventory increased by 79.08% to ¥338,421,210.70, attributed to increased stock of products and new items[4] - Long-term equity investments surged by 258.51% to ¥200,713,628.47, due to investments in Shangrao Hongye[4] - Short-term borrowings rose by 232.00% to ¥166,000,000.00, reflecting an increase in bank loans[4] - The company's total liabilities increased significantly, with other payables rising by 1,471.34% to ¥186,115,396.71, indicating a rise in payable amounts[4] - Total liabilities rose to CNY 1,694,089,912.15 from CNY 809,702,600.87, which is an increase of around 109.5%[11] - Long-term payables rose dramatically by 4256.85% to ¥595,761,850.69 due to loans from shareholders during the reporting period[5] Research and Development - R&D expenses surged by 59.06% to ¥48,400,722.99 as the company intensified investment in new product development[5] - Research and development expenses for the current period were ¥48,400,722.99, compared to ¥30,430,174.40 in the previous period, representing an increase of about 59.1%[13] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to enhance product offerings[7] Other Financial Metrics - The company reported an investment loss of ¥697,719.05, a significant decline from an investment gain of ¥3,159,391.67 in the previous period[13] - Tax expenses for the current period were ¥8,201,002.82, up from ¥5,427,031.47, indicating an increase of about 51.5%[13] - Other income decreased to ¥3,189,916.98 from ¥8,001,955.31, a decline of approximately 60.1%[13] - The company did not require adjustments to the beginning balance sheet items due to the adoption of new leasing standards, as all leases are short-term or low-value[19] - The third-quarter report was not audited, which may affect the reliability of the financial data presented[19]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately RMB 594.75 million, representing a 92.74% increase compared to RMB 308.58 million in the same period last year[10]. - The net profit attributable to shareholders of the listed company was a loss of approximately RMB 34.75 million, a decrease of 1,132.51% compared to a profit of RMB 3.37 million in the previous year[10]. - The net cash flow from operating activities was a negative RMB 26.65 million, a decline of 1,596.78% from RMB 1.78 million in the same period last year[10]. - The total assets at the end of the reporting period were approximately RMB 1.95 billion, an increase of 5.18% from RMB 1.86 billion at the end of the previous year[10]. - The net assets attributable to shareholders of the listed company were approximately RMB 1.06 billion, a slight increase of 0.96% from RMB 1.05 billion at the end of the previous year[10]. - The basic and diluted earnings per share were both negative RMB 0.27, compared to positive RMB 0.03 in the same period last year, marking a 1,000.00% decrease[10]. - The company reported a significant increase in non-operating income, including government subsidies amounting to approximately RMB 1.04 million[13]. - The company reported a significant increase in investment income, totaling CNY 151,294,498.76, compared to CNY 802,512.00 in the previous year[114]. - The total comprehensive income for the first half of 2021 was CNY 163,216,198.11, a recovery from a loss of CNY 3,917,880.11 in the same period of 2020[115]. Operational Costs and Expenses - The company's operating costs increased by 111.07% to CNY 460,539,077.16, up from CNY 218,190,558.67, primarily due to increased sales volume[23]. - Research and development expenses rose by 95.88% to CNY 29,533,501.53, compared to CNY 15,077,495.25, as the company intensified its investment in new product development[23]. - The company reported a significant increase in sales expenses by 123.04% to CNY 29,241,990.48, attributed to higher transportation costs and increased service fees for new customers and products[23]. - Total operating costs increased to CNY 598,328,810.55, up from CNY 302,932,610.13, reflecting a rise of 97.5% year-over-year[109]. Investments and Acquisitions - The company plans to acquire a 47.35% stake in Jietai Technology for CNY 1,331,014,400.00 and a 3.65% stake for CNY 102,602,000.00, enhancing its market position[38]. - Investment during the reporting period amounted to ¥150,000,000.00, a significant increase of 212.50% compared to ¥48,000,000.00 in the same period last year[29]. - The total investment in automotive parts projects reached CNY 63,570,000.00, with actual cumulative investment matching this amount[32]. Cash Flow and Liquidity - The company's cash and cash equivalents decreased to RMB 151.83 million from RMB 332.99 million at the end of 2020[101]. - The company's cash flow from operating activities showed a net outflow of CNY 26,648,759.05, a decline from a net inflow of CNY 1,780,403.47 in the first half of 2020[117]. - Cash flow from investing activities resulted in a net outflow of CNY 208,669,982.46, worsening from a net outflow of CNY 66,664,142.70 in the first half of 2020[118]. - Cash flow from financing activities generated a net inflow of CNY 49,546,943.70, compared to CNY 38,451,641.98 in the same period last year[118]. Legal and Compliance Issues - The company is involved in a legal dispute with Hunan Leopard Automobile Co., Ltd., seeking payment of CNY 9,817,104.06 for goods delivered[49]. - The court ruled that Hunan Leopard Automobile Co., Ltd. must pay CNY 9,592,409 plus overdue interest calculated at a rate of 4.35%[49]. - The arbitration decision ordered Hunan Leopard Automobile Co., Ltd. to pay CNY 2,572,820.52 for mold costs[50]. - The company is actively pursuing legal actions to recover outstanding payments and losses incurred[49]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[1]. - The total share capital decreased from 121,681,436 shares to 120,897,436 shares due to the repurchase and cancellation of 784,000 restricted shares[88]. - The largest shareholder, Hainan Jindi Technology Investment Co., Ltd., holds 36.26% of the shares, totaling 48,041,370[78]. - The company reported no significant changes in shareholder structure or major shareholder movements during the reporting period[78]. Risk Factors - The company faces various operational risks, which are detailed in the management discussion section of the report[1]. - The company reported a significant risk of rising costs due to fluctuations in international oil prices affecting raw material costs, which are primarily petrochemical products[37]. - The company anticipates continued decline in the automotive industry growth rate due to macroeconomic slowdown and increased competition, impacting component supply volumes[37]. Inventory and Assets - Inventory increased to ¥301,307,352.36, representing 15.42% of total assets, due to increased production and stockpiling[27]. - The company's total assets at the end of the reporting period were CNY 1,122,266,787.81, showcasing its robust financial position[127]. - The company's total liabilities increased to CNY 895,801,759.69, up from CNY 809,702,600.87, reflecting a growth of 10.63%[103]. Corporate Governance - The financial statements were approved by the board of directors on August 29, 2021[134]. - The company has not engaged in any securities or derivative investments during the reporting period[33]. - There were no significant environmental issues or administrative penalties reported during the period[44].

Financial Performance - The company's operating revenue for Q1 2021 was CNY 298,524,875.68, representing a 171.18% increase compared to CNY 110,085,541.39 in the same period last year[2]. - The net profit attributable to shareholders for Q1 2021 was CNY 4,104,748.57, a significant recovery from a loss of CNY 18,843,317.31 in the previous year, marking a 121.78% increase[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,677,437.94, compared to a loss of CNY 19,179,794.49 in the same period last year, reflecting a 113.96% improvement[2]. - The basic earnings per share for Q1 2021 was CNY 0.03, up 118.75% from a loss of CNY 0.16 per share in the previous year[2]. - The total operating revenue for Q1 2021 reached CNY 298,524,875.68, a significant increase of 171.18% compared to CNY 110,085,541.39 in the previous year[9]. - The net profit for Q1 2021 was CNY 4,104,748.57, representing a 121.78% increase from a net loss of CNY 18,843,317.31 in the same period last year[9]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,990,518,926.08, an increase of 7.16% from CNY 1,857,557,669.51 at the end of the previous year[2]. - The net assets attributable to shareholders increased to CNY 1,089,707,616.41, up 3.99% from CNY 1,047,855,068.64 at the end of the previous year[2]. - The total assets as of the end of Q1 2021 were CNY 1,408,090,582.05, up from CNY 1,371,023,343.40 at the end of the previous year, reflecting an increase of approximately 2.7%[26]. - The total liabilities increased to CNY 900,811,309.67 from CNY 809,702,600.87, which is an increase of about 11.3%[22]. - The total current liabilities amounted to CNY 697,216,872.30, an increase from CNY 579,333,427.86, indicating a growth of approximately 20.4%[22]. Cash Flow - The company reported a net cash flow from operating activities of CNY -33,683,491.41, which is a decline of 113.40% compared to CNY -15,784,017.20 in the same period last year[2]. - The company’s cash flow from operating activities showed a net outflow of CNY 33,683,491.41, worsening by 113.40% compared to the previous outflow of CNY 15,784,017.20[10]. - The net cash flow from financing activities was 44,293,853.02 CNY, an increase of 109.5% compared to 21,113,674.38 CNY in the previous period[36]. - The net cash flow from operating activities was 2,783,180.67 CNY, recovering from a negative cash flow of -12,557,199.38 CNY in the previous period[37]. Investments and Expenses - Research and development expenses grew by 30.01%, from CNY 8,055,323.81 to CNY 10,472,629.17, reflecting increased investment in innovation[9]. - The company reported a research and development expense of CNY 10,472,629.17 for Q1 2021, compared to CNY 8,055,323.81 in the same period last year, which is an increase of about 30.0%[28]. - The company plans to continue expanding its investments in new energy projects, as indicated by its recent investment in Shangrao Hongye New Energy Co., Ltd.[11]. Shareholder Information - The top shareholder, Hainan Zhongqi Plastic, holds 36.52% of the shares, with a total of 48,041,370 shares[5]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[7]. Inventory and Borrowings - The company reported a 77.08% increase in inventory, rising from CNY 188,979,246.74 to CNY 334,637,719.96, attributed to increased product dispatch[9]. - Short-term borrowings increased by 160.00%, from CNY 50,000,000.00 to CNY 130,000,000.00, indicating a rise in financing activities[9]. - The company's total liabilities included short-term borrowings of 50,000,000.00 CNY as of December 31, 2020[40]. Government Subsidies - The company received government subsidies amounting to CNY 1,464,826.28 during the reporting period[3].