证券代码：002988 证券简称：豪美新材 公告编号：2023-072 广东豪美新材股份有限公司 第四届董事会第九次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或者重大遗漏。 一、董事会会议召开情况 广东豪美新材股份有限公司（以下简称"豪美新材"或"公司"）于 2023 年 8 月 8 日以微信、电子邮件、电话的方式向全体董事发出召开第四届董事会第九 次会议的通知，并于 2023 年 8 月 18 日在公司会议室以现场结合通讯的方式召开 了第四届董事会第九次会议。本次会议应出席董事 9 人，实际出席董事 9 人。会 议由董卫峰先生召集并主持，公司监事和高级管理人员列席了会议，本次会议参 与表决人数及召集、召开程序符合《公司法》和《公司章程》的有关规定，表决 形成的决议合法、有效。 二、董事会会议审议情况 1、审议通过《2023 年半年度报告全文及摘要》 内容详见公司同日披露的《2023 年半年度募集资金存放与使用情况的专项 报告》。 表决结果：同意票 9 票，反对票 0 票，弃权票 0 票。 3、审议通过《关于全资子公司吸收合并全资孙公司暨变更部分募投项目 ...

证券代码：002988 证券简称：豪美新材 公告编号：2023-071 广东豪美新材股份有限公司 关于全资子公司吸收合并全资孙公司暨 变更部分募投项目实施主体的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 广东豪美新材股份有限公司（以下简称"公司"）于 2023 年 8 月 18 日召开 第四届董事会第九次会议、第四届监事会第六次会议，审议通过了《关于公司全 资子公司吸收合并控股子公司暨变更部分募投项目实施主体的议案》，同意公司 全资子公司广东精美特种型材有限公司（以下简称"精美特材"）吸收合并其全 资子公司清远市天堃工程管理有限公司（以下简称"天堃工程"）。吸收合并完成 后，精美特材继续存续，天堃工程法人主体资格将依法予以注销，天堃工程全部 资产、债权、债务、人员和业务由精美特材依法继承，公司 2022 年度公开发行 可转换公司债券募投项目之一的"年产 2 万吨铝合金型材及 200 万套部件深加工 技术改造项目"的实施主体将由精美特材、天堃工程变更为精美特材，该项目的 投资金额、用途、实施地点等其他计划不变。 本次吸收合并不构成关联交易及《上市公司重 ...

广东豪美新材股份有限公司 全资子公司吸收合并全资孙公司 光大证券股份有限公司关于 暨变更部分募投项目实施主体 专项核查意见 光大证券股份有限公司（以下简称"光大证券"或"保荐机构"）作为广东豪美 新材股份有限公司（以下简称"豪美新材"或"公司"）公开发行可转换公司债券的 保荐机构，根据《证券发行上市保荐业务管理办法》《上市公司监管指引第2号— —上市公司募集资金管理和使用的监管要求》《深圳证券交易所股票上市规则》 《深圳证券交易所上市公司自律监管指引第1号——主板上市公司规范运作》等 有关法律法规的规定，对豪美新材全资子公司吸收合并暨变更部分募投项目实施 主体的情况进行了核查，具体如下： 一、募集资金基本情况及项目投资情况 经中国证券监督管理委员会《关于核准广东豪美新材股份有限公司公开发行 可转换公司债券的批复》（证监许可[2021]1182号）核准，公司于2022年1月24日 公开发行了824万张可转换公司债券，每张面值100元，募集资金总额82,400万元， 扣除各项发行费用（不含增值税）后的实际募集资金净额为81,316.57万元（以下 简称"可转债募集资金"），可转债募集资金已于2022年1月28日到 ...

证券代码：002988 证券简称：豪美新材 公告编号：2023-070 广东豪美新材股份有限公司 2023 年半年度募集资金存放与使用情况的专项报告 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。 根据深圳证券交易所《深圳证券交易所上市公司自律监管指引第 1 号——主 板上市公司规范运作》及《深圳证券交易所上市公司自律监管指南第 2 号——公 告格式》的规定，将广东豪美新材股份有限公司（以下简称"公司"或"豪美新 材"）2023 年度募集资金存放与使用情况报告如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位时间 经中国证券监督管理委员会《关于核准广东豪美新材股份有限公司公开发行 可转换公司债券的批复》（证监许可[2021]1182 号）核准，公司于 2022 年 1 月 24 日公开发行了 824 万张可转换公司债券，每张面值 100 元，募集资金总额 82,400.00 万元，扣除各项发行费用（不含增值税）后的实际募集资金净额为 81,316.57 万元（以下简称"可转债募集资金"）。可转债募集资金已于 2022 年 1 月 28 日到位，上述 ...

Financial Performance - The company reported a revenue of 1.5 billion RMB for the year 2022, representing a year-on-year increase of 10%[21] - The net profit attributable to shareholders was 200 million RMB, which is a decrease of 5% compared to the previous year[21] - The company's operating revenue for 2022 was ¥5,412,576,837.38, a decrease of 3.34% compared to ¥5,599,511,474.75 in 2021[26] - The net profit attributable to shareholders was -¥111,419,306.56, representing a decline of 180.07% from ¥139,148,792.84 in the previous year[26] - The company reported a total revenue of 3.822 billion in 2022, an increase from 3.457 billion in 2021, representing a growth of approximately 10.5%[157] - The company reported a significant increase in revenue, achieving a total of 1.5 billion in Q4 2022, representing a 20% year-over-year growth[156] - The company achieved a net profit of 150 million RMB in 2022, which is a 10% increase compared to the previous year[141] - The company reported a total revenue of 748.08 million for the year 2022[171] Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2025[21] - The company is exploring potential mergers and acquisitions to enhance its product offerings and market reach[21] - Future guidance indicates a revenue growth target of 15% for 2023, aiming for 1.725 billion RMB[21] - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[141] - The company is actively considering mergers and acquisitions as part of its growth strategy, aiming to strengthen its competitive position[140] - The company aims to enhance its training platform and integrate online and offline training systems in 2023, including specialized training for marketing and management[183] Research and Development - The company has allocated 100 million RMB for research and development in new technologies for sustainable materials[21] - The company has established a comprehensive R&D platform with a dedicated team focusing on aluminum processing, lightweight automotive solutions, and system window development[61] - The company invested CNY 186 million in R&D, which accounted for 3.43% of its operating revenue, and held nearly 800 patents by the end of the reporting period[73] - The company completed the development of several new products, including energy-efficient aluminum alloy balcony windows and electric push-pull doors, enhancing its product portfolio[94] - Research and development investments increased by 30%, focusing on innovative technologies to enhance product offerings[156] - The company is committed to improving its governance structure to align with modern corporate governance requirements, ensuring effective operation of decision-making mechanisms[136] Product Development and Innovation - New product development includes the launch of a high-performance aluminum alloy, expected to contribute an additional 300 million RMB in revenue in 2023[21] - The company has developed high-performance aluminum alloys and has become one of the few in China capable of mass-producing 7-series aluminum extrusions, achieving international advanced or domestic leading levels[62] - The company has successfully developed a lightweight 7003 crash beam assembly for automotive applications, which meets automated welding requirements and enhances market share in lightweight aluminum profiles[92] - The company is developing a new energy-efficient sliding door series to enhance product performance and market share[90] - The company has developed a new high-strength 7003 alloy material for automotive applications, achieving large-scale sales and meeting the demand for high-strength materials in the automotive industry[92] Operational Efficiency and Cost Management - The company aims to reduce operational costs by 15% through improved supply chain management initiatives[141] - The company reported a decrease in operational costs by 10%, improving overall profit margins[156] - The company will implement refined management to reduce costs and increase efficiency, focusing on optimizing internal expenses and production costs[133] - The company aims to enhance its production efficiency through automation and intelligent upgrades of production lines, while exploring further increases in the proportion of recycled aluminum used[133] Governance and Shareholder Relations - The company held 2 shareholder meetings during the reporting period, ensuring equal rights for all shareholders, especially minority shareholders, with a participation rate of 66.97% for the annual meeting and 65.81% for the extraordinary meeting[153][154] - The board of directors consists of 9 members, including 3 independent directors, and held 8 meetings during the reporting period, adhering to relevant laws and regulations[149] - The company has established an independent financial department and management system, with no shared bank accounts with the controlling shareholder, ensuring financial independence[152] - The company has implemented a mechanism for accountability regarding major errors in information disclosure, improving the quality and transparency of annual report disclosures[150] - The company’s governance structure complies with the requirements set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange, ensuring a high level of operational integrity[148] Challenges and Risks - The company has identified risks related to supply chain disruptions and market competition, which are detailed in the management discussion section[5] - The company faces risks related to market fluctuations, raw material price volatility, and high accounts receivable, and has outlined measures to mitigate these risks[137][138][139] - The company faced challenges due to a safety incident at its subsidiary, which impacted production and profits, alongside a prolonged collection period from clients in the real estate sector[69] Employee and Training Initiatives - The total number of employees at the end of the reporting period was 3,619, with 1,672 in the parent company and 1,947 in major subsidiaries[181] - The company conducted a total of 313 training sessions in 2022, with 29 at the company level and 284 at the departmental level, achieving a completion rate of 100%[183] - The company plans to continue its collaboration with vocational schools to train skilled workers in the aluminum industry[183] - The company emphasizes a performance-based incentive mechanism to encourage core value creation linked to its business performance[182] Environmental and Sustainability Efforts - The company is committed to low-carbon energy-saving transformation, focusing on the development of energy-saving system windows and new aluminum alloy materials[71] - The company is focusing on the development of environmentally friendly production processes, including a zero-wash pre-treatment process that aligns with national carbon neutrality goals[92] - The management team emphasized a commitment to sustainability, with plans to reduce carbon emissions by 40% by 2025[156] - The company has complied with environmental protection laws and obtained necessary permits for its projects, ensuring compliance with local regulations[200]

Financial Performance - The company's revenue for Q1 2023 was CNY 1,308,664,953.71, representing a 0.89% increase compared to CNY 1,297,123,478.19 in the same period last year[4] - Net profit attributable to shareholders decreased by 38.89% to CNY 21,150,498.98 from CNY 34,609,157.17 year-on-year[4] - Basic and diluted earnings per share fell by 38.87% to CNY 0.0909 from CNY 0.1487 in the same quarter last year[4] - Net profit for Q1 2023 was CNY 20,678,928.84, a decrease of 39.6% from CNY 34,259,683.45 in Q1 2022[20] - The total comprehensive income for Q1 2023 was CNY 19,393,096.20, down from CNY 33,856,247.14 in the previous year[20] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of CNY 65,334,049.89, a 89.39% reduction from CNY 615,560,459.89 in the previous year[4] - Operating cash inflow increased to ¥1,152,002,199.57 from ¥1,063,832,712.66, a growth of approximately 8.33%[21] - Operating cash outflow decreased to ¥1,217,336,249.46 from ¥1,679,393,172.55, a reduction of approximately 27.5%[22] - Net cash flow from operating activities improved to -¥65,334,049.89 from -¥615,560,459.89, showing a significant reduction in losses[21] - Net cash flow from investing activities increased by 251.54% to CNY 100,251,574.31 from CNY 28,518,014.36, mainly due to increased asset investments and share repurchases[9] - Net cash flow from financing activities decreased to -¥29,195,259.63 from ¥1,039,764,414.70, indicating a shift in financing strategy[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,277,582,820.54, a slight increase of 0.04% from CNY 5,275,273,422.04 at the end of the previous year[4] - Total liabilities for Q1 2023 were CNY 3,069,936,600.44, compared to CNY 3,087,437,693.28 in the previous year[17] - The company's equity attributable to shareholders was CNY 2,210,691,119.78, down from CNY 2,190,409,058.30 in Q1 2022[17] Current Assets - The total current assets as of March 31, 2023, amounted to CNY 3,263,678,112.82, a slight decrease from CNY 3,305,543,354.83 at the beginning of the year[15] - Cash and cash equivalents decreased from CNY 461,672,656.48 to CNY 360,750,479.06, reflecting a decline of approximately 22%[15] - Accounts receivable increased from CNY 1,381,917,699.68 to CNY 1,498,041,350.50, representing a growth of about 8.4%[15] - Inventory decreased from CNY 756,069,361.71 to CNY 650,494,001.93, indicating a reduction of approximately 13.9%[15] - The company reported a significant increase in accounts receivable financing, rising by 78.52% to CNY 173,154,866.66 from CNY 96,994,897.06[8] Shareholder Actions - The company repurchased 5,409,800 shares of its own stock, indicating a commitment to shareholder value[13] - The company reported a decrease in other comprehensive income, with a net amount of CNY -1,285,832.64 for Q1 2023 compared to CNY -403,436.31 in Q1 2022[20] Research and Development - Research and development expenses for Q1 2023 were CNY 41,272,558.03, slightly up from CNY 41,139,410.80 in the same period last year[19] Strategic Focus - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed in the report[12] - The company's major shareholders include Guangdong Haomei Holdings and Nanjin Trading, which are related parties, indicating potential strategic alignments[12] Other Financial Metrics - Total operating revenue for Q1 2023 was CNY 1,308,664,953.71, an increase of 0.6% compared to CNY 1,297,123,478.19 in Q1 2022[19] - Total operating costs for Q1 2023 were CNY 1,293,301,951.43, up from CNY 1,277,287,884.85 in the same period last year[19] - The company reported a 36.32% decrease in taxes payable, amounting to CNY 11,573,976.04 compared to CNY 18,174,100.56 at the end of the previous year[9] - The total non-current assets were valued at CNY 1,477,473,810.76 as of March 31, 2023, down from CNY 1,514,860,089.04 at the beginning of the year[15] Audit Status - The first quarter report was not audited, indicating potential areas for further scrutiny[23]

Financial Performance - The company's revenue for Q3 2022 was ¥1,574,843,325.37, a decrease of 1.97% compared to the same period last year[4]. - The net profit attributable to shareholders was a loss of ¥14,518,296.48, representing a decline of 134.24% year-on-year[4]. - The basic earnings per share for the period was -¥0.0624, down 134.24% compared to the previous year[4]. - Total operating revenue for the period reached ¥4,182,244,511.45, an increase of 3.9% compared to ¥4,025,338,510.94 in the previous period[18]. - Net profit for the period was ¥23,622,295.37, a decrease of 77.2% from ¥103,082,432.20 in the same period last year[19]. - The total comprehensive income for the period attributable to the parent company was CNY 30,360,268.16, a decrease from CNY 103,556,201.33 in the previous period[20]. - The basic and diluted earnings per share for the current period were CNY 0.1065, down from CNY 0.4471 in the previous period[20]. Assets and Liabilities - Total assets increased to ¥5,706,598,192.64, reflecting a growth of 13.38% from the end of the previous year[4]. - The company's total assets increased to ¥5,706,598,192.64, compared to ¥5,033,289,843.90 in the previous year, marking a growth of 13.3%[17]. - Total liabilities rose to ¥3,450,799,576.07, up from ¥2,806,169,911.48, indicating a 23.0% increase[17]. - The total equity attributable to shareholders of the parent company was ¥2,257,165,518.96, compared to ¥2,228,131,308.84, a modest increase of 1.3%[17]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥607,654,021.79, a decrease of 26.60% compared to the same period last year[10]. - The net cash flow from operating activities was -CNY 607,654,021.79, compared to -CNY 479,965,759.17 in the previous period, indicating a worsening cash flow situation[23]. - Cash inflow from operating activities totaled CNY 3,923,612,262.24, while cash outflow was CNY 4,531,266,284.03, resulting in a net cash outflow[23]. - The net cash flow from financing activities was ¥820,462,968.71, an increase of 180.49% driven by the issuance of convertible bonds[10]. - The company reported cash inflow from financing activities of CNY 2,473,456,180.31, significantly higher than CNY 1,237,288,481.00 in the previous period[23]. - The net cash flow from investing activities was -CNY 249,123,125.18, an improvement from -CNY 332,735,870.78 in the previous period[23]. - The ending balance of cash and cash equivalents was CNY 319,876,619.76, compared to CNY 258,528,654.33 at the end of the previous period[23]. - The company received CNY 813,165,660.38 from investment contributions during the current period[23]. - The company paid CNY 1,543,879,165.75 in debt repayments, an increase from CNY 871,772,915.00 in the previous period[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,838[12]. - The largest shareholder, QYHM Investment Group, holds 38.12% of shares, amounting to 88,729,600 shares, with 36,000,000 shares pledged[12]. - The second largest shareholder, Nanjin Trading Company, holds 25.22% of shares, totaling 58,707,000 shares, with 20,820,000 shares pledged[12]. - The report indicates that the top ten shareholders are interconnected, with significant ownership by related parties[13]. Operational Highlights - The company experienced a production halt due to an explosion incident in April 2022, with resumption of operations on July 27, 2022[14]. - The company has not disclosed any new product developments or market expansion strategies in the current report[14]. Expenses - Total operating costs amounted to ¥4,158,222,748.10, up from ¥3,922,533,203.51, reflecting a rise of 6.0%[18]. - Research and development expenses for the period were ¥136,138,514.87, slightly down from ¥138,250,766.95, showing a decrease of 1.5%[19]. - The company reported financial expenses of ¥70,822,252.63, which is an increase from ¥48,722,223.84, reflecting a rise of 45.3%[19]. - The company faced a substantial loss of ¥15,758,959.41 in other operating expenses, primarily due to compensation related to safety incidents at subsidiaries[5]. Inventory and Receivables - The company's inventory increased to ¥833,305,749.88 from ¥637,034,998.22, representing a growth of 30.8%[16]. - Accounts receivable increased to 1,474,813,086.01 CNY from 1,324,351,334.13 CNY at the beginning of the year, indicating a growth of approximately 11.36%[15]. - Prepayments rose significantly to 446,240,400.78 CNY from 129,809,600.66 CNY, reflecting an increase of approximately 244.36%[15]. - The company reported a significant increase in prepayments, which rose by 243.77% to ¥446,240,400.78, mainly due to purchasing raw materials[7]. Other Income - The company recorded non-operating income of ¥3,414,469.88 from government subsidies, which increased significantly compared to previous periods[5]. - The company experienced a foreign exchange gain of CNY 7,929,858.06 during the current period[23]. - The company has a total of 132,000,000 CNY in trading financial assets as of September 30, 2022[15].

Financial Performance - The company's revenue for the first half of 2022 was CNY 2,607,401,186.08, representing a 7.80% increase compared to CNY 2,418,834,541.26 in the same period last year[22]. - The net profit attributable to shareholders decreased by 36.24% to CNY 39,313,827.16 from CNY 61,656,713.92 year-on-year[22]. - Basic and diluted earnings per share both fell by 36.24% to CNY 0.1689 from CNY 0.2649 in the prior year[22]. - The company reported a decrease of 20.70% in net profit after deducting non-recurring gains and losses, amounting to CNY 44,153,561.70 compared to CNY 55,677,391.51 in the previous year[22]. - The company reported a net profit of CNY 38,576,925.33, a decline of 36.83% compared to CNY 61,180,745.94 in the same period last year[168]. - The total comprehensive income for the period was CNY 40,884,265.89, down from CNY 60,603,998.19 in the previous year[168]. - The company's total comprehensive income for the period was CNY 52.48 million, compared to CNY 22.31 million in the same period last year, indicating a significant increase of approximately 135.5%[187]. Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -798,944,605.44, a decline of 122.52% compared to CNY -359,047,776.57 in the previous year[22]. - The cash inflow from operating activities for the first half of 2022 was CNY 2,544,093,398.39, an increase of 30% compared to CNY 1,957,332,081.97 in the first half of 2021[174]. - The cash outflow for investing activities totaled CNY 149,902,741.16, a significant decrease from CNY 485,932,450.58 in the previous year[175]. - The cash inflow from financing activities was CNY 2,201,451,979.11, up from CNY 960,986,913.52 in the first half of 2021[175]. - The net cash flow from financing activities was CNY 902,565,194.45, compared to CNY 332,538,609.14 in the same period last year[175]. Assets and Liabilities - Total assets increased by 13.21% to CNY 5,698,196,742.17 from CNY 5,033,289,843.90 at the end of the previous year[22]. - The asset-liability ratio increased to 60.21%, up by 4.46% from the previous year[154]. - Total liabilities rose to CNY 3,430,754,175.78 as of June 30, 2022, compared to CNY 2,806,169,911.48 at the beginning of the year[160]. - Owner's equity totaled CNY 2,267,442,566.39 as of June 30, 2022, compared to CNY 2,227,119,932.42 at the beginning of the year[160]. Market and Industry Position - The company has established itself as a leading manufacturer of automotive lightweight aluminum materials, securing over 200 projects with major automotive brands such as Mercedes-Benz and Toyota[35]. - The company aims to leverage the growing demand for aluminum materials in the context of national policies promoting lightweight materials and sustainable development[32]. - The company’s focus on high-value-added products positions it well to capitalize on the increasing demand for aluminum in various industries, including construction and transportation[32]. - The company faces risks including market risk, raw material price fluctuations, high accounts receivable, exchange rate fluctuations, and safety production risks[3]. Research and Development - The company invested 82.54 million yuan in R&D, representing 3.17% of its operating revenue, and holds over 700 patents[45]. - The company has developed high-performance aluminum alloys and related technologies, winning the Guangdong Provincial Science and Technology Progress Award[47]. - The R&D expenditure for the first half of 2022 was 5 million yuan, which is 2% of total revenue, highlighting the company's commitment to innovation[183]. Safety and Environmental Compliance - The company has established a comprehensive safety management system and increased safety investments following a safety incident this year[81]. - The company has implemented environmental monitoring plans and engaged third-party testing agencies to ensure compliance with pollution discharge standards[92]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[92]. - The company has completed environmental impact assessments for its projects and obtained necessary approvals from environmental authorities[90]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[85]. - The company maintains a solid governance structure to protect the rights of shareholders and creditors, ensuring fair access to information[93]. - The company has not implemented any stock incentive plans or employee stock ownership plans during the reporting period[86]. - The total number of shareholders at the end of the reporting period was 15,763[134]. Future Outlook - The company aims to enhance market expansion and product development strategies to recover from the decline in revenue and profit[170]. - The overall financial outlook for the next quarter remains positive, with expected growth in revenue and profitability[180]. - The company plans to expand its market presence and invest in new product development in the upcoming quarters[180].

Financial Performance - The company's revenue for Q1 2022 was CNY 1,297,123,478.19, representing a 31.42% increase compared to CNY 986,983,830.79 in the same period last year[3] - Net profit attributable to shareholders was CNY 34,609,157.17, up 33.85% from CNY 25,856,744.42 year-on-year[3] - The basic earnings per share increased to CNY 0.1487, a rise of 33.84% compared to CNY 0.1111 in the previous year[3] - The total operating revenue for the first quarter of 2022 was CNY 1,297,123,478.19, an increase from CNY 986,983,830.79 in the previous period[19] - The net profit for the first quarter was CNY 34,259,683.45, up from CNY 25,771,565.96 year-over-year, reflecting a growth of approximately 32.5%[20] - The earnings per share (EPS) for the current period was CNY 0.1487, compared to CNY 0.1111 in the same period last year, representing a 33.3% increase[21] - The total comprehensive income for the quarter was CNY 33,856,247.14, up from CNY 22,610,348.39 year-over-year[21] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 5,769,458,393.10, marking a 14.63% increase from CNY 5,033,289,843.90 at the end of the previous year[3] - Total assets reached ¥5,769,458,393.10, up from ¥5,033,289,843.90, reflecting an increase of 14.7%[17] - Total liabilities increased to ¥3,455,860,201.65 from ¥2,806,169,911.48, marking a rise of 23.1%[17] - The company’s total liabilities increased significantly due to the issuance of convertible bonds, with total bonds payable reaching CNY 767,489,866.63[8] Cash Flow - The net cash flow from operating activities was negative at CNY -615,560,459.89, a decline of 44.59% compared to CNY -425,716,117.65 in the same period last year[3] - The cash inflow from operating activities totaled CNY 1,063,832,712.66, significantly higher than CNY 783,552,746.71 in the previous year[22] - The net cash flow from investing activities was -28,518,014.36 CNY, an improvement from -124,002,333.03 CNY year-over-year, reflecting reduced investment outflows[24] - The net cash flow from financing activities surged to CNY 1,039,764,414.70, a 495.90% increase compared to CNY 174,485,759.63 in the previous year, mainly due to the inflow of convertible bond funds[9] - The total cash and cash equivalents at the end of the period increased to 744,487,797.15 CNY from 405,358,568.77 CNY, indicating improved liquidity[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,703[11] - The largest shareholder, Qingyuan Haomei Investment Holding Group Co., Ltd., holds 37.77% of shares, totaling 87,928,500 shares, with 26,000,000 shares pledged[11] Expenses and Costs - The total operating costs amounted to CNY 1,277,287,884.85, compared to CNY 963,582,241.83 in the prior period, indicating a significant rise in costs[19] - The company experienced a decrease in sales expenses, which were CNY 25,865,454.20, down from CNY 41,890,092.61 in the previous period[19] - The company paid 100,181,370.64 CNY to employees, up from 97,829,424.07 CNY, reflecting increased labor costs[24] - Research and development expenses for the quarter were CNY 41,139,410.80, an increase from CNY 33,353,635.49, indicating a focus on innovation[19] Other Financial Activities - The company reported a significant increase in prepayments, which rose by 314.13% to CNY 537,576,049.13, primarily due to increased aluminum ingot deposits[8] - The financial expenses increased by 58.85% to CNY 25,744,361.27, primarily due to interest expenses from convertible bonds issued[8] - The company issued 8.24 million convertible bonds with a total fundraising amount of ¥82,400,000, netting approximately ¥81,316,660.38 after expenses[13] - The company received government subsidies amounting to CNY 12,352,971.00, mainly related to industrial development guidance funds[5] Audit and Reliability - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[26]

Financial Performance - The company's operating revenue for 2021 was CNY 5,599,511,474.75, representing a 62.91% increase compared to CNY 3,437,139,446.60 in 2020[6]. - The net profit attributable to shareholders for 2021 was CNY 139,148,792.84, a 20.03% increase from CNY 115,928,181.30 in 2020[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 128,186,461.59, up 58.86% from CNY 80,691,034.06 in 2020[6]. - The basic earnings per share for 2021 was CNY 0.5978, reflecting a 7.52% increase from CNY 0.5560 in 2020[6]. - The total assets at the end of 2021 amounted to CNY 5,033,289,843.90, a 25.41% increase from CNY 4,013,614,714.62 at the end of 2020[6]. - The net cash flow from operating activities for 2021 was negative CNY 332,823,647.88, a significant decrease of 1,741.24% compared to CNY 20,278,775.89 in 2020[6]. - The company achieved a sales revenue of 5.6 billion yuan in 2021, representing a year-on-year growth of 62.91%[54]. - The net profit attributable to the parent company was 139 million yuan, an increase of 20.03% year-on-year, while the net profit excluding non-recurring gains and losses was 128 million yuan, up 58.86%[54]. - The company's aluminum profile production reached 250,000 tons, a year-on-year increase of 44.92%, with sales volume at 246,600 tons, growing by 41.78%[54]. Market and Industry Trends - The company operates in a growing aluminum profile market, with China's urbanization rate at 64.72% in 2021, driving demand for both new construction and renovation projects[30]. - The industrial aluminum profile sector is expected to grow, supported by national policies promoting lightweight materials in transportation and machinery[31]. - The total production of aluminum profiles in China reached approximately 20.59 million tons in 2021, with a 67.02% share from construction aluminum profiles[29]. - The automotive lightweight market is expected to grow significantly, with demand for aluminum extrusion materials increasing by over 100% due to the rise of electric vehicles[101]. - The penetration rate of system windows in the domestic market is currently only 2%-5%, compared to over 70% in Europe, indicating significant growth potential in the domestic market[44]. Research and Development - The company invested 192 million yuan in R&D, a 58.74% increase, accounting for 3.43% of total revenue[57]. - The company has established a global leading technology application center for system windows, contributing to the development of national standards and holding 33 invention patents and 253 utility model patents[48]. - The company has developed high-performance aluminum alloys and related technologies, achieving international advanced or domestic leading levels in the production of automotive-grade 7-series aluminum extrusions[48]. - The company has a professional R&D team and multiple research platforms, enhancing its capabilities in aluminum processing and lightweight automotive materials[47]. - The company has nearly 700 patents, including 33 invention patents, reflecting its commitment to innovation and technology advancement[57]. Corporate Governance - The company maintains complete independence from its controlling shareholders in terms of assets, personnel, finance, and operations, ensuring a robust independent business capability[118]. - The company has established a mechanism for accountability regarding major errors in information disclosure, enhancing the quality and transparency of annual report disclosures[116]. - The company has a clear management structure, with the general manager and senior management fulfilling their duties in accordance with the company's regulations[116]. - The company actively engages with investors through various channels, including visits, consultations, and online interactions, to enhance investor recognition and understanding[116]. - The company has established independent labor, personnel, and salary management systems, ensuring no overlap with the controlling shareholder's enterprises[118]. Environmental Responsibility - The company has established wastewater and air pollution treatment facilities to ensure compliance with environmental standards[166]. - The total wastewater discharge was reported at 1,179,600 tons per year, with specific pollutant concentrations meeting regulatory requirements[166]. - The company has implemented measures to reduce carbon emissions, including the use of recycled aluminum, and has conducted carbon footprint verification[170]. - The company has committed to environmental protection as a fundamental requirement for sustainable development[173]. - The company has not faced any significant environmental pollution incidents or penalties during the reporting period[173]. Employee and Talent Management - The total number of employees at the end of the reporting period was 3,910, with 1,874 in the parent company and 2,036 in major subsidiaries[145]. - The professional composition includes 2,696 production personnel, 260 sales personnel, 422 technical personnel, 81 financial personnel, and 451 administrative personnel[145]. - The company's compensation policy is closely related to achieving business goals, combining fixed and variable salaries[146]. - The training plan focuses on enhancing job skills, building a solid training system, and developing a talent pipeline[147]. - The company aims to improve the skills of key process personnel to meet the needs of a skilled workforce[147]. Profit Distribution - The company distributed a cash dividend of RMB 2.20 per 10 shares, totaling RMB 51,209,400, which represents 100% of the total profit distribution[157]. - The company’s cash dividend policy requires a minimum of 20% of the distributable profit to be distributed as cash dividends when there are significant capital expenditure plans[151]. - The company’s cumulative cash dividends over the last three years must not be less than 30% of the average annual distributable profit[149]. - The company has established a profit distribution policy that emphasizes reasonable returns to investors while ensuring sustainable development[150]. - The company’s profit distribution plan must be approved by at least two-thirds of the voting rights at the shareholders' meeting[152]. Financial Management - The company has a dedicated financial department to safeguard the interests of both shareholders and creditors[171]. - The company’s internal control system is designed to ensure compliance with laws and regulations, asset security, and the integrity of financial reporting[159]. - The company has not identified any significant internal control deficiencies during the reporting period[160]. - The company reported a total asset amount of 100% included in the evaluation scope, indicating comprehensive coverage of its financial statements[163]. - The company has established a sound quality control system to maximize customer satisfaction and protect customer rights[172].