证券代码： 003033 证券简称：征和工业 青岛征和工业股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|-----------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | √ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 | （请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 投资者网上提问 | | | 时间 | 2022 年 ...

证券代码：003033 证券简称：征和工业 青岛征和工业股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------------|----------------------------------|--------------------------------------------------------| | | □ 特定对象调研 | □ 分析师会议 | | 投资 者关系活 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | 其他 2022 | 年度青岛辖区上市公司投资者网上集体接待 | | | 日 | | | 参与 单位名称 | 参与公司 2022 | 年度青岛辖区上市公司投资者网上集体接待 | | 及人员姓名 | 日活动的投资者 | | | 时间 2022 | 年 11 月 3 日 | 15:00-17:00 | | | 地点 "全景路演"（ | http://rs.p5w.net ） | | 上市 公司接待 | 董事会秘书、副总裁：郑林坤 | | | 人员姓名 | 财 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥430,869,801.84, representing a year-on-year increase of 13.56%[5] - The net profit attributable to shareholders for Q3 2022 was ¥55,118,972.05, a significant increase of 125.66% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥51,826,788.21, up 124.95% year-on-year[5] - The basic earnings per share for Q3 2022 was ¥0.67, reflecting a growth of 123.33% compared to the previous year[5] - Total operating revenue for the third quarter of 2022 reached CNY 1,183,394,069.87, an increase of 20.6% compared to CNY 981,485,761.75 in the same period last year[18] - Net profit for the third quarter of 2022 was CNY 122,741,536.36, representing a 96.7% increase from CNY 62,435,676.86 in the previous year[19] - The company's basic earnings per share for the third quarter was CNY 1.5, compared to CNY 0.79 in the same quarter last year, marking an increase of 89.9%[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,625,549,515.30, an increase of 17.52% from the end of the previous year[5] - The total assets of the company amounted to CNY 1,625,549,515.30, up from CNY 1,383,214,348.00, indicating a growth of 17.5%[18] - The total liabilities increased to CNY 585,699,337.51, compared to CNY 437,997,282.80, reflecting a rise of 33.7%[18] - The total equity attributable to shareholders of the parent company was CNY 1,039,850,177.79, up from CNY 945,217,065.20, an increase of 10%[18] Cash Flow - The company reported a net cash flow from operating activities of -¥26,461,128.79, an improvement of 70.73% compared to the previous year[10] - The net cash flow from operating activities for the current period is -26,461,128.79 yuan, an improvement from -90,405,085.37 yuan in the previous period[21] - Total cash inflow from operating activities increased to 1,055,789,526.87 yuan, compared to 899,069,814.45 yuan in the previous period, reflecting a growth of approximately 17.4%[21] - Cash outflow from operating activities rose to 1,082,250,655.66 yuan, up from 989,474,899.82 yuan, indicating an increase of about 9.4%[21] - The net cash flow from investing activities was -251,230,139.97 yuan, worsening from -110,976,046.38 yuan in the previous period[22] - Cash inflow from financing activities totaled 248,000,000.00 yuan, compared to 486,453,358.49 yuan in the previous period, showing a decrease of approximately 48.9%[22] - The net cash flow from financing activities was 162,884,125.00 yuan, down from 399,819,572.93 yuan, reflecting a decline of about 59.3%[22] - The ending balance of cash and cash equivalents decreased to 239,155,714.22 yuan from 256,011,791.77 yuan, a drop of approximately 6.6%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,074[12] - The largest shareholder, Qingdao Kuifeng Machinery Co., Ltd., held 57.25% of the shares[12] Strategic Activities - The company experienced a significant increase in net profit primarily due to a decrease in material prices and the appreciation of the US dollar[10] - The company is focused on expanding its market presence through strategic acquisitions and investments in technology[15] - The company acquired 85% of Shanghai Hantong Automotive Parts Co., Ltd. for RMB 188 million[15] Current Assets and Expenses - As of September 30, 2022, total current assets amounted to RMB 850.28 million, slightly down from RMB 853.09 million at the beginning of the year[16] - Accounts receivable increased to RMB 282.97 million from RMB 185.45 million, reflecting a growth of 52.6%[16] - Inventory stood at RMB 249.29 million, up from RMB 240.74 million, indicating a rise of 3.2%[16] - Fixed assets increased significantly to RMB 532.42 million from RMB 349.94 million, representing a growth of 52.2%[16] - The company reported cash and cash equivalents of RMB 239.16 million, down from RMB 351.08 million, a decrease of 31.9%[16] - Other non-current financial assets were recorded at RMB 28.43 million[16] - The company maintained a stable level of prepayments at approximately RMB 15.91 million, consistent with the previous year[16] - Research and development expenses for the period were CNY 48,285,383.31, which is a 23.5% increase from CNY 39,234,096.21 in the previous year[19] Other Comprehensive Income - The company reported a net other comprehensive income of CNY 76,525.64, compared to a loss of CNY 218,428.78 in the previous year[19]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥752,524,268.03, representing a 24.99% increase compared to ¥602,076,920.88 in the same period last year[23]. - The net profit attributable to shareholders was ¥67,622,564.31, a significant increase of 77.91% from ¥38,009,673.01 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥64,316,457.49, up 88.50% from ¥34,119,517.93 year-on-year[23]. - The basic earnings per share rose to ¥0.83, reflecting a 69.39% increase compared to ¥0.49 in the same period last year[23]. - The gross profit margin for the chain system industry improved to 21.67%, up by 3.44% from the previous year, with operating costs increasing by 19.74%[48]. - The total comprehensive income for the first half of 2022 was CNY 137.2 million, representing a decrease of 10.13% compared to the previous period[148]. - The total revenue for the first half of 2022 was CNY 23.13 million, reflecting a decline from the previous year's figures[149]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,497,795,345.76, an increase of 8.28% from ¥1,383,214,348.00 at the end of the previous year[23]. - The total liabilities increased to CNY 517,518,506.12 from CNY 437,997,282.80, which is an increase of approximately 18.1%[132]. - The company's total equity attributable to shareholders reached CNY 980,276,839.64, up from CNY 945,217,065.20, representing a growth of approximately 3.7%[132]. - The company's current assets totaled CNY 909,239,121.90 as of June 30, 2022, compared to CNY 853,087,699.61 at the beginning of the year, indicating an increase of about 6.6%[130]. - Total liabilities rose to CNY 404,305,933.01 from CNY 324,320,776.49, reflecting a 25% increase[138]. Cash Flow - The net cash flow from operating activities improved to -¥20,123,365.03, a 59.25% improvement from -¥49,381,273.58 in the same period last year[23]. - The net cash flow from operating activities for the first half of 2022 was -20,123,365.03 CNY, an improvement from -49,381,273.58 CNY in the same period of 2021, indicating a reduction in cash outflow[142]. - The net cash flow from investing activities was -43,253,108.55 CNY in the first half of 2022, an improvement from -151,860,043.66 CNY in the first half of 2021[143]. - Cash and cash equivalents at the end of the first half of 2022 amounted to 355,456,951.75 CNY, compared to 228,219,154.52 CNY at the end of the first half of 2021, marking an increase of approximately 55.8%[143]. Research and Development - The company has achieved a total of 204 authorized patents, including 36 invention patents, as of June 30, 2022[37]. - During the reporting period, the company obtained 11 new patents, enhancing its innovation capabilities[38]. - Research and development investment increased by 20.68% to ¥29,623,705.11, compared to ¥24,546,788.02 in the previous year[44]. - The company focuses on the research and development of chain transmission systems, with applications in vehicles, agricultural machinery, and industrial equipment[35]. Market Position and Strategy - The company aims to strengthen its market position by enhancing product quality and expanding production capacity[36]. - The company is committed to replacing imported high-end chain transmission products to meet domestic demand in key industries[36]. - The company established a distribution network in over 60 countries, including regions in Asia, Latin America, and Africa, enhancing its international market presence[40]. - The company plans to enhance its brand influence through partnerships with major manufacturers and expand its market reach into lower-tier cities and rural areas[40]. Risks and Challenges - The company faces risks from macroeconomic fluctuations, which may impact market expansion and product sales due to uncertainties in the global economy[67]. - Trade policy changes in key export markets could pose risks to the company's overseas business, particularly in developing countries in Asia, South America, and Africa[68]. - Raw material price volatility poses a risk, as the cost of materials like steel constitutes a large portion of production costs[71]. - The company plans to enhance product quality and reduce costs to mitigate risks associated with raw material price fluctuations[71]. Corporate Governance and Compliance - The company emphasizes corporate social responsibility, focusing on protecting shareholder rights and maintaining strong relationships with customers and suppliers[81]. - The company has completed all commitments made by its actual controllers, shareholders, and related parties during the reporting period, with no overdue commitments[86]. - The semi-annual financial report was not audited, which may impact the reliability of the financial data presented[128]. - The company reported no violations regarding external guarantees during the reporting period[88]. Shareholder Structure - The total number of shares before the change was 81,750,000, with 61,300,000 shares (74.98%) being limited sale shares, which decreased to 57,662,275 shares (70.53%) after a reduction of 3,637,725 shares[109]. - The largest shareholder, Qingdao Kuifeng Machinery Co., Ltd., holds 46,410,000 shares, all of which remain restricted until January 11, 2024[112]. - The company has not reported any share buyback progress or other significant changes in shareholder structure[111]. - The total number of common shareholders at the end of the reporting period is 8,881[115].

Financial Performance - The company's operating revenue for 2021 was CNY 1,362,366,523.44, representing a 39.38% increase compared to CNY 977,454,462.97 in 2020[17] - The net profit attributable to shareholders for 2021 was CNY 78,761,874.93, a decrease of 27.62% from CNY 108,810,948.59 in 2020[17] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 70,576,696.07, down 31.15% from CNY 102,505,568.97 in 2020[17] - The net cash flow from operating activities for 2021 was CNY 17,387,318.29, a significant decline of 83.18% compared to CNY 103,376,030.12 in 2020[17] - Basic earnings per share for 2021 were CNY 0.98, a decrease of 44.94% from CNY 1.78 in 2020[17] - The weighted average return on net assets for 2021 was 8.70%, down 16.33% from 25.03% in 2020[17] - Total assets increased by 92.77% to CNY 1,383,214,348 compared to the previous year[18] - The company reported a net cash flow from operating activities of CNY 107,792,403.66 in Q4 2021, reversing negative cash flows in previous quarters[21] - The company achieved operating revenue of 1,362.37 million yuan in 2021, a year-on-year increase of 39.38%[37] - The net profit for 2021 was 78.76 million yuan, a year-on-year decrease of 27.62%[37] - The total assets increased to 1,383.21 million yuan, up 92.77% year-on-year, while net assets rose to 945.22 million yuan, an increase of 93.31%[37] Research and Development - The company invested 54.60 million yuan in R&D, accounting for 4% of operating revenue, and obtained 27 new patents during the reporting period[38] - As of December 31, 2021, the company held a total of 180 patents, including 26 invention patents[38] - Research and development expenses increased by 25.42% to ¥54,605,556.09, reflecting the company's commitment to enhancing R&D investment[52] - The number of R&D personnel rose by 21.15% to 252 in 2021 from 208 in 2020, with a slight decrease in the proportion of R&D personnel to total staff from 13.46% to 13.13%[54] - The company has completed the automated mass production of several R&D projects, including rubber glove production lines and high-wear chains for agricultural machinery[54] - The company aims to replace imported products and expand its market presence through new product developments and technological advancements[54] Market and Sales - The vehicle chain system generated ¥734,849,723.37, accounting for 53.94% of total revenue, with a year-on-year growth of 33.17%[43] - Domestic revenue was ¥766,141,093.10, representing 56.24% of total revenue, up 41.16% from the previous year[43] - The company expanded its overseas market presence, achieving steady growth in overseas sales and increasing market share[37] - The company has established a distribution network in over 60 countries and regions, including Asia, Latin America, and Africa[34] - The company plans to leverage opportunities in the vehicle, agricultural machinery, and industrial automation sectors, with a focus on smart manufacturing and modern logistics[76] - The domestic motorcycle market for models above 250cc has shown significant growth, increasing from 7,210 units in 2011 to 333,000 units in 2021[76] Corporate Governance - The company has established a governance structure in compliance with relevant laws and regulations, ensuring accurate and timely information disclosure to protect shareholder interests[92] - The board of directors consists of 7 members, including 3 independent directors, and has established various committees to enhance corporate governance[93] - The company maintains complete operational independence from its controlling shareholders in terms of business, personnel, assets, and finance, ensuring no unfair competition or related party transactions[96][98][99][100][101][102] - The annual shareholders' meeting had a participation rate of 74.99% on May 21, 2021, demonstrating strong shareholder engagement[103] - The company has a total of 6 independent directors, ensuring a diverse governance structure[110] - The company has maintained a stable management team with no significant changes in the board of directors during the reporting period[106] Cash Flow and Investments - Operating cash inflow increased by 26.37% to ¥1,149,396,085.40 in 2021, while cash outflow rose by 40.42% to ¥1,132,008,767.11, resulting in a net cash flow of ¥17,387,318.29, down 83.18% year-on-year[56] - Investment cash inflow surged by 1,770.47% to ¥64,006,916.88, while outflow increased by 152.54% to ¥211,732,234.73, leading to a net cash flow of -¥147,725,317.85, a decrease of 83.69%[56] - Financing cash inflow skyrocketed by 3,338.44% to ¥515,765,802.93, with outflow rising by 42.27% to ¥88,746,952.74, resulting in a net cash flow of ¥427,018,850.19, an increase of 1,001.27%[56] - The company's cash and cash equivalents increased by 1,188.88% to ¥291,576,587.37, compared to a decrease of ¥26,777,728.52 in the previous year[56] Shareholder Returns - The company plans to distribute a cash dividend of CNY 4.00 per 10 shares, based on a total of 81,750,000 shares[5] - The company reported a distributable profit of RMB 389,641,980.55, with the cash dividend accounting for 100% of the profit distribution total[134] - The company emphasizes a cash dividend policy that ensures reasonable returns to investors, with clear standards and decision-making processes[132] - The company has not proposed any cash dividend distribution plan for the reporting period despite having positive distributable profits[134] Social Responsibility and Sustainability - The company is committed to environmental protection and sustainable development, implementing energy-saving and emission-reduction measures[147] - The company donated 220,000 RMB for educational support and organized various social welfare activities during the reporting period[147] - The company has established a talent development program and regularly provides training for employees[146] - The company has a dedicated team for coordinating energy-saving and emission-reduction efforts[147] Risks and Challenges - The company faces risks from macroeconomic fluctuations, trade policy changes, market expansion challenges, exchange rate volatility, and raw material price fluctuations[83][84][85][86][88] - The company intends to leverage scale effects and improve automation levels to mitigate rising material costs[82] Future Outlook - The company provided a positive outlook for the next quarter, projecting a revenue growth of 10% to 1.32 billion yuan[117] - New product launches are expected to contribute an additional 200 million yuan in revenue over the next year[117] - The company plans to enhance its digital marketing strategy, expecting a 25% increase in online sales as a result[117] - The company has set a performance guidance of 1.8 billion RMB in revenue for the next fiscal year, indicating a strong growth trajectory[153]

青岛征和工业股份有限公司 2022 年第一季度报告全文 证券代码：003033 证券简称：征和工业 公告编号：2022-013 青岛征和工业股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗 漏，并承担个别和连带的法律责任。 2.公司负责人金玉谟、主管会计工作负责人于为宁及会计机构负责人(会计主管人员)于为宁声明：保证季度报告中财务信息 的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 1 青岛征和工业股份有限公司 2022 年第一季度报告全文 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增 | | --- | --- | --- | --- | | | | | 减 | | 营业收入（元） | 335,957,154.72 | 259,078,569.51 | 29. ...

Financial Performance - The company's operating revenue for 2021 was ¥1,362,366,523.44, representing a 39.38% increase compared to ¥977,454,462.97 in 2020[17]. - The net profit attributable to shareholders for 2021 was ¥78,761,874.93, a decrease of 27.62% from ¥108,810,948.59 in 2020[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥70,576,696.07, down 31.15% from ¥102,505,568.97 in 2020[17]. - The net cash flow from operating activities for 2021 was ¥17,387,318.29, a significant decline of 83.18% compared to ¥103,376,030.12 in 2020[17]. - Basic earnings per share for 2021 were ¥0.98, a decrease of 44.94% from ¥1.78 in 2020[17]. - The weighted average return on net assets for 2021 was 8.70%, down 16.33% from 25.03% in 2020[17]. - Total assets increased by 92.77% to CNY 1,383,214,348 compared to the previous year[18]. - The company reported a net cash flow from operating activities of CNY 107,792,403.66 in Q4 2021, reversing negative cash flows in previous quarters[21]. - The company received government subsidies amounting to CNY 9,155,393.19, an increase from CNY 7,663,099.12 in 2020[23]. Research and Development - The company invested 54.60 million yuan in R&D, accounting for 4% of operating revenue, and obtained 27 new patents during the reporting period[38]. - As of December 31, 2021, the company held a total of 180 patents, including 26 invention patents[38]. - The number of R&D personnel rose by 21.15% from 208 in 2020 to 252 in 2021, with a slight decrease in the proportion of R&D personnel to total staff from 13.46% to 13.13%[54]. - Research and development expenses increased by 25.42% to ¥54,605,556.09, reflecting the company's commitment to enhancing R&D investment[52]. Market Expansion and Strategy - The company expanded its overseas market presence, achieving steady growth in overseas sales and increasing market share[37]. - The company has established a distribution network in over 60 countries and regions, including Asia, Latin America, and Africa[34]. - The company plans to leverage opportunities in the vehicle, agricultural machinery, and industrial automation sectors, driven by the growth of the motorcycle leisure culture and increasing consumer purchasing power[75]. - The company is actively pursuing market expansion strategies, focusing on increasing its presence in the agricultural machinery sector[108]. Corporate Governance - The board of directors consists of 7 members, including 3 independent directors, complying with legal and regulatory requirements[91]. - The company has established various management systems for information disclosure, ensuring transparency and equal access to information for all shareholders[92]. - The company operates independently from its controlling shareholders in terms of business, personnel, assets, and finance, maintaining a complete and independent operational system[95][96][100]. - The company has a performance evaluation and incentive mechanism for senior management, linking their compensation directly to the company's operational performance[91]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥4.00 per 10 shares, based on a total of 81,750,000 shares[5]. - The total distributable profit available for shareholders is RMB 389.64 million, with the cash dividend accounting for 100% of the profit distribution[132]. - The company has established a clear cash dividend policy that complies with its articles of association and shareholder resolutions, ensuring the protection of minority shareholders' rights[131]. Risk Management - The company faces risks from macroeconomic fluctuations, trade policy changes, market expansion challenges, exchange rate volatility, and raw material price fluctuations[81][83][85][86]. - The company is committed to improving product quality and reducing costs to enhance competitiveness in response to macroeconomic risks[81]. Environmental and Social Responsibility - The company has a dedicated energy-saving and emission-reduction leadership team to oversee environmental protection efforts[145]. - The company has not reported any major environmental protection issues and promotes a low-carbon and environmentally friendly operational approach[143]. - The company donated 220,000 RMB for educational support and organized various social welfare activities during the reporting period[145]. Internal Control and Compliance - The internal control system is deemed effective, covering major aspects of business management and ensuring compliance with regulations[135]. - The company has not reported any significant internal control deficiencies during the reporting period[136]. - The company has not faced any penalties from securities regulatory authorities in the past three years[115]. Employee Information - The total number of employees at the end of the reporting period is 1,863, including 1,089 at the parent company and 774 at major subsidiaries[127]. - The company implements a salary management system that aligns compensation with company performance, price indices, and employee contributions[128]. - Annual training plans are developed to enhance employee skills, with monthly training activities for new employees and product training[129].

Revenue and Profit - Revenue for Q3 2021 reached ¥379,408,840.87, an increase of 36.31% compared to the same period last year[3] - Net profit attributable to shareholders decreased by 27.76% to ¥24,426,003.85 in Q3 2021[3] - Net profit after deducting non-recurring gains and losses was ¥23,039,454.85, down 27.57% year-on-year[3] - Total operating revenue for Q3 2021 reached ¥981,485,761.75, an increase of 44.6% compared to ¥678,699,279.38 in Q3 2020[16] - The company's net profit for Q3 2021 was ¥67,074,848.33, a decrease of 37.3% from ¥106,917,436.73 in Q3 2020[16] - Net profit for Q3 2021 was CNY 62,435,676.86, a decrease of 29.8% compared to CNY 89,077,707.05 in Q3 2020[17] - The company reported a total comprehensive income of CNY 62,217,248.08, a decrease from CNY 88,805,459.79 in Q3 2020[17] Cash Flow and Investments - Cash flow from operating activities showed a net outflow of ¥90,405,085.37, a decrease of 252.07% compared to the previous year[3] - Operating cash flow for the period was CNY -90,405,085.37, compared to CNY 59,448,419.24 in the same period last year[18] - Cash inflow from investment activities was CNY 64,061,433.29, significantly higher than CNY 1,722,522.10 in the same period last year[19] - Cash flow from financing activities generated CNY 399,819,572.93, compared to a cash outflow of CNY -47,163,766.56 in Q3 2020[19] - The company made significant investments totaling CNY 175,037,479.67 in the current period, compared to CNY 74,933,533.96 in the same period last year[19] Assets and Liabilities - Total assets increased by 73.26% to ¥1,243,239,591.93 compared to the end of the previous year[3] - Total assets reached ¥1,243,239,591.93, a significant increase of 73.3% from ¥717,538,362.52 at the end of 2020[13] - Total liabilities amounted to ¥312,756,307.80, up 37.0% from ¥228,572,326.47 at the end of 2020[14] - Total liabilities reached CNY 228,572,326.47, reflecting a decrease of CNY 3,281,276.18 from the prior period[25] - Current liabilities totaled CNY 180,537,869.01, down from CNY 181,661,835.68, indicating a reduction of CNY 1,123,966.67[25] - Non-current liabilities were CNY 48,034,457.46, a decrease of CNY 2,157,309.51 compared to the previous period[25] Shareholder Equity - Shareholders' equity attributable to shareholders rose by 90.30% to ¥930,483,284.13[3] - The company's equity attributable to shareholders increased to ¥930,483,284.13, compared to ¥488,966,036.05 at the end of 2020, reflecting a growth of 90.5%[14] - Owner's equity remained stable at CNY 488,966,036.05, unchanged from the previous period[25] Operational Metrics - The company reported a significant increase in sales orders, contributing to a 44.61% rise in revenue year-to-date[6] - The increase in material prices was a primary factor for the decline in net profit and earnings per share[6] - Research and development expenses for Q3 2021 were ¥39,234,096.21, an increase of 43.1% from ¥27,364,548.24 in Q3 2020[16] Other Financial Information - Basic earnings per share fell by 45.45% to ¥0.30, while diluted earnings per share also decreased by 45.45% to ¥0.30[3] - Cash and cash equivalents increased significantly to ¥256,011,791.77 as of September 30, 2021, compared to ¥59,498,767.76 at the end of 2020[12] - Accounts receivable rose to ¥216,717,174.13, up 52.1% from ¥142,423,679.37 at the end of 2020[12] - Inventory levels increased to ¥252,399,821.60, a rise of 71.5% from ¥147,076,090.95 at the end of 2020[12] - The company received tax refunds amounting to CNY 37,710,179.46, compared to CNY 14,019,278.50 in the previous year[18] - The company has no other non-recurring gains and losses beyond those reported[5] Audit and Standards - The company has not audited the third-quarter report, indicating it is unaudited[26] - The company adopted new leasing standards effective January 1, 2021, impacting the financial statements[26] - The report indicates a total of CNY 61,300,000.00 in share capital, remaining unchanged from the previous period[25]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 602,076,920.88, representing a 50.39% increase compared to CNY 400,349,316.53 in the same period last year[20]. - The net profit attributable to shareholders decreased by 31.22% to CNY 38,009,673.01 from CNY 55,263,074.90 year-on-year[20]. - Basic earnings per share dropped by 45.56% to CNY 0.49 from CNY 0.90 in the same period last year[20]. - The total profit for the first half of 2021 was CNY 44,824,390.82, a decrease of 30.9% from CNY 64,890,461.12 in the first half of 2020[132]. - The total comprehensive income for the first half of 2021 was CNY 37,964,499.59, down 31.1% from CNY 55,207,688.56 in the first half of 2020[133]. - The company's operating profit for the first half of 2021 was CNY 45,260,729.58, a decrease of 30.3% from CNY 64,923,350.41 in the first half of 2020[132]. Cash Flow and Financial Position - The net cash flow from operating activities was negative at CNY -49,381,273.58, a decline of 171.64% compared to CNY 68,925,518.23 in the previous year[20]. - The company reported a significant increase in cash and cash equivalents, with a net increase of CNY 168,720,386.76, a 6,093.03% rise compared to the previous year, primarily due to fundraising activities[41]. - The company's cash flow from operating activities for the first half of 2021 was negative CNY 49,381,273.58, compared to positive CNY 68,925,518.23 in the same period of 2020[138]. - The total cash inflow from financing activities reached 456,453,358.49 RMB, significantly up from 15,000,000.00 RMB in the first half of 2020[143]. - The net cash flow from investing activities was -150,894,432.29 RMB, worsening from -34,227,139.12 RMB year-over-year[142]. - The company reported a total cash and cash equivalents balance of 228,219,154.52 RMB at the end of the first half of 2021, compared to 83,461,219.63 RMB at the end of the first half of 2020[141]. Assets and Liabilities - Total assets increased by 65.03% to CNY 1,184,118,045.91 from CNY 717,538,362.52 at the end of the previous year[20]. - The company's fixed assets increased to CNY 247,193,445.31, but their proportion of total assets decreased to 20.88% due to a significant increase in total assets from fundraising[47]. - Total liabilities increased to CNY 259,417,219.57, up from CNY 221,946,173.88 at the end of 2020, indicating a 16.9% rise[129]. - The company's total current liabilities decreased from CNY 15,019,937.50 to zero, indicating a reduction in short-term borrowings[123]. - The company's total assets as of June 30, 2021, were CNY 906,162,103.28, compared to CNY 473,716,364.04 at the end of 2020, reflecting a 91.5% growth[128]. Research and Development - Research and development investment rose by 46.87% to CNY 24,546,788.02, reflecting the company's commitment to developing high-end and new products[40]. - The company has established a comprehensive R&D system, with 167 national patents as of June 30, 2021, and has participated in drafting or revising 24 national and industry standards[35]. - The company is committed to innovation and has developed new products, including 14 patents obtained during the reporting period, with 2 invention patents and 12 utility model patents[36]. Market and Business Strategy - The company focuses on the research, manufacturing, and sales of various chain transmission systems, primarily used in vehicles, agricultural machinery, and industrial equipment[28]. - The company aims to expand its production scale and optimize product structure while enhancing the quality of its core chain transmission components[29]. - The company plans to strengthen its market position by focusing on overseas market expansion and collaborating with leading domestic industrial internet companies[34]. - The company continues to enhance its competitive position in the agricultural machinery chain system market, driven by the increasing mechanization of farming practices[34]. Risks and Challenges - The company faces various risks as detailed in the report, which investors are advised to consider[5]. - The company is facing macroeconomic volatility risks, which may impact market expansion and product sales[59]. - The company is actively monitoring trade policy changes that could affect its overseas business, particularly in developing countries[61]. - The company is exposed to foreign exchange risks due to a high proportion of export revenue denominated in USD[63]. - The company is implementing cost control measures to mitigate the impact of rising raw material and labor costs on its overall operations[64]. Shareholder and Equity Information - The total number of shares increased from 61,300,000 to 81,750,000 after the IPO, representing a 33.4% increase[102]. - The company issued 20,450,000 new shares at a price of 23.28 RMB per share during the IPO[106]. - The largest shareholder, Qingdao Kuifeng Machinery Co., Ltd., holds 56.77% of the shares, totaling 46,410,000 shares[107]. - The company has 14,009 ordinary shareholders as of the end of the reporting period[107]. - The proportion of shares with limited sale conditions decreased to 74.98% after the IPO[102]. Corporate Governance and Compliance - The financial report for the first half of 2021 has not been audited[120]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[72]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[112]. - There were no repurchase transactions conducted by the top ten shareholders during the reporting period[110]. Social Responsibility - The company donated 220,000 RMB for educational support and organized various social welfare activities during the reporting period[75].

Financial Performance - The company's operating revenue for Q1 2021 was ¥259,078,569.51, representing a 57.27% increase compared to ¥164,739,239.14 in the same period last year[9] - The net profit attributable to shareholders was ¥18,735,992.80, up 10.92% from ¥16,891,333.91 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥17,192,777.17, reflecting a 13.16% increase from ¥15,193,325.79 in the previous year[9] - Operating revenue increased by 57.27% to ¥259,078,569.51 compared to ¥164,739,239.14 in the previous period, primarily due to increased sales[17] - Net profit for the current period is 18,735,992.80, compared to 16,891,333.91 in the previous period, reflecting an increase of approximately 10.9%[45] - Comprehensive income total for the current period is 18,816,960.85, compared to 16,635,571.91 in the previous period, showing an increase of about 13.1%[46] Cash Flow - The net cash flow from operating activities was -¥22,457,005.81, a decline of 114.40% compared to -¥10,474,583.07 in the same period last year[9] - Cash flow from operating activities for the current period is 226,791,954.84, compared to 140,790,565.14 in the previous period, indicating an increase of about 61.0%[52] - The company reported a net increase in cash and cash equivalents of 310,371,767.77 CNY, contrasting with a decrease of -38,235,849.59 CNY in the prior period[54] - The total cash outflow from investing activities was 86,063,945.29 CNY, resulting in a net cash flow of -85,965,945.29 CNY[54] - The company incurred 63,000,000.00 CNY in cash payments for investments during the quarter[54] - The cash balance at the end of the period was 369,870,535.53 CNY, significantly higher than 48,040,646.69 CNY at the end of the previous period[54] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,157,277,157.23, marking a 61.28% increase from ¥717,538,362.52 at the end of the previous year[9] - Current assets totaled CNY 815,943,374.14, up from CNY 412,579,705.52, indicating a 97.8% increase[35] - Total liabilities amounted to CNY 237,494,160.33, compared to CNY 228,572,326.47, showing a slight increase of 3.9%[37] - The company reported a decrease in current liabilities from CNY 180,537,869.01 to CNY 186,260,324.27, indicating a 3.8% increase[41] - Total equity attributable to shareholders reached CNY 488,966,036.05, remaining unchanged from the previous period[61] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,224, with the top ten shareholders holding a combined 80.36% of the shares[13] - The net assets attributable to shareholders increased by 88.11% to ¥919,782,996.90 from ¥488,966,036.05 at the end of the previous year[9] - Shareholders' equity increased significantly to CNY 919,782,996.90 from CNY 488,966,036.05, a growth of 88.1%[38] Expenses - Operating costs rose by 68.09% to ¥208,898,717.68, attributed to higher sales and increased material costs[17] - Research and development expenses increased by 39.32% to ¥10,570,374.62, reflecting a commitment to enhance R&D investment[17] - Financial expenses skyrocketed by 6344.44% to ¥1,301,111.94, primarily due to exchange losses from the appreciation of the RMB[17] - The company reported a significant increase in management expenses by 82.02% to ¥14,857,179.58, mainly due to costs associated with the listing ceremony and external consulting[17] Fundraising and Investments - The total amount of funds raised from the IPO was ¥47,607.60 million, with a net amount of ¥41,200.00 million after deducting issuance costs[22] - The company plans to use ¥8,799.84 million of raised funds to replace pre-invested self-raised funds and issuance costs[24] - The balance of unused raised funds as of March 31, 2021, was ¥27,443.55 million, including ¥14,424.78 million in bank wealth management products[25] Other Information - The company has plans for market expansion and new product development, although specific details were not disclosed in the financial report[40] - The first quarter report was not audited, indicating preliminary financial results[67] - The company has implemented a new leasing standard effective January 1, 2021, adjusting relevant financial statement items accordingly[62]