Financial Performance - The company reported a total revenue of RMB 772,946,292 for the first half of 2023, an increase of 25% compared to the same period in 2022[24]. - The company's operating revenue for the reporting period was ¥674,248,857.27, a decrease of 12.90% compared to the same period last year[25]. - Net profit attributable to shareholders was ¥122,525,779.92, an increase of 2.89% year-on-year[25]. - The net profit attributable to the parent company for the first half of 2023 was CNY 122,525,779.92, an increase from CNY 119,083,783.11 in the same period of 2022, reflecting a growth of approximately 3.1%[173]. - The company reported a net profit of 348,000 million, which is an increase of 3.09% compared to the same period last year[186]. - The total comprehensive income for the first half of 2023 was CNY 134,818,144.40, compared to CNY 110,547,362.73 in the previous year, indicating an increase of approximately 22%[176]. - The company reported a total comprehensive income of 1.271 billion yuan for the first half of 2023, reflecting a significant increase compared to the previous period[194]. Assets and Liabilities - The total assets of the company reached RMB 1,200,000,000, reflecting a growth of 15% year-on-year[24]. - Total assets at the end of the reporting period were ¥2,788,781,783.80, a slight increase of 0.54% from the end of the previous year[25]. - The company's total assets as of June 30, 2023, amounted to CNY 2,807.25 million, an increase from CNY 2,787.94 million at the beginning of the year[170]. - The total liabilities decreased to CNY 475.96 million from CNY 526.04 million at the beginning of the year, reflecting a reduction of 9.5%[170]. - The company's current assets totaled RMB 2,120,047,279.86, slightly up from RMB 2,100,472,930.12 at the start of the year[164]. Cash Flow - The net cash flow from operating activities increased by 115.86% to ¥199,664,887.01 compared to the previous year[25]. - The net cash flow from operating activities for the first half of 2023 was CNY 199,664,887.01, significantly higher than CNY 92,496,088.14 in the first half of 2022, marking an increase of approximately 115%[177]. - The cash outflow from investing activities amounted to CNY 612.26 million, up from CNY 105.41 million in the first half of 2022, reflecting an increase of approximately 480%[181]. - The net cash flow from financing activities was CNY 849.33 million, a substantial rise from CNY 31.70 million in the same period last year, marking an increase of over 2670%[181]. - The total cash and cash equivalents at the end of the period stood at CNY 685.87 million, compared to CNY 88.92 million at the end of the first half of 2022, showing a growth of approximately 671%[181]. Research and Development - The company has a strong R&D system with 63 authorized patents, including 31 invention patents, focusing on high-value-added products like colored crystal glass and photovoltaic glass[59]. - Research and development investment decreased by 20.29% to ¥27,242,626.64 from ¥34,178,024.16, indicating a potential area for future focus[65]. - Research and development expenses for the first half of 2023 were CNY 27.24 million, a decrease of 20.3% compared to CNY 34.18 million in the same period of 2022[172]. - The company is focusing on product innovation and has established a technology innovation system to enhance R&D capabilities and maintain competitive advantages[93]. - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[184]. Market Strategy and Expansion - The company plans to focus on expanding its market presence in the home appliance glass sector, targeting a 20% increase in market share by the end of 2024[24]. - The company is exploring potential mergers and acquisitions to enhance its product offerings and market reach[24]. - The company plans to expand its market presence in smart home appliances and photovoltaic new energy sectors, diversifying its product offerings[94]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[195]. - The company plans to enhance its market presence by enhancing production capabilities for refrigerator glass, automotive glass, and home glass products[197]. Shareholder Information - No cash dividends or stock bonuses will be distributed to shareholders for this reporting period[6]. - The company issued 154,773,869 shares at a price of ¥5.97 per share, raising a total of approximately ¥924 million[78]. - The total number of unrestricted shares after the issuance is 607,537,442, accounting for 78.60% of the total shares[142]. - The company has maintained a good credit standing, with no overdue debts or unfulfilled court judgments reported[125]. - The company has not reported any major changes in the feasibility of its investment projects[81]. Operational Efficiency - The gross profit margin increased by 1.49% compared to the previous year, reflecting a focus on high value-added products[38]. - The production model combines sales-driven production and planned production to ensure timely delivery and quality control[47]. - The company emphasizes a "R&D + Design + Service" sales model, establishing a strong reputation among clients through integrated service offerings[48]. - The company aims to improve operational efficiency and reduce costs by 2.74% in the upcoming quarters[185]. - The company has completed the automation upgrade of most production lines in the home appliance division, which improved production efficiency and product quality[63]. Risk Management - The company has identified potential risks in supply chain disruptions and is implementing strategies to mitigate these risks[24]. - The company is facing risks related to fluctuating raw material prices and is implementing strategies to mitigate these risks through long-term supplier contracts and centralized procurement[91]. - The company is aware of the potential impact of exchange rate fluctuations on its overseas sales, which are primarily settled in foreign currencies[97]. Corporate Governance - The company held its first temporary shareholders' meeting on January 30, 2023, with an attendance rate of 36.57%[102]. - The annual shareholders' meeting took place on May 4, 2023, with an attendance rate of 33.52%[102]. - No changes occurred in the board of directors, supervisors, or senior management during the reporting period[103]. - The financial report was approved by the company's board of directors on August 17, 2023[198]. Environmental and Social Responsibility - The company emphasizes environmental protection and sustainable development, integrating green practices into its operational strategy[117]. - The company has committed to fulfilling social responsibilities, including maintaining good communication with investors and ensuring financial safety[116]. - The company did not face any administrative penalties due to environmental issues during the reporting period[115].

（二）募集金额使用情况和结余情况 2023 年半年度使用募集资金 4,314.02 万元，募集资金专户 2023 年 6 月 30 1 证券代码：300160 证券简称：秀强股份 公告编号：2023-055 江苏秀强玻璃工艺股份有限公司 2023 年半年度募集资金存放和使用情况专项报告 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。 根据中国证券监督管理委员会《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（2022 年修订）》、《深圳证券交易所上市公司自律 监管指引第 2 号——创业板上市公司规范运作》以及《深圳证券交易所创业板上 市公司自律监管指南第 2 号——公告格式（2023 年修订）》的相关规定，江苏秀 强玻璃工艺股份有限公司（以下简称"公司"）就 2023 年半年度募集资金存放 与使用情况作如下专项报告： 一、募集资金基本情况 （一）实际募集资金金额、资金到账时间 2022 年 3 月 10 日，深圳证券交易所上市审核中心出具《关于江苏秀强玻璃 工艺股份有限公司申请向特定对象发行股票的审核中心意见告知函》，认为公司 符合发行条 ...

江苏秀强玻璃工艺股份有限公司独立董事 关于第五届董事会第二次会议相关事项的独立意见 作为江苏秀强玻璃工艺股份有限公司（以下简称"公司"）独立董事，根据 《上市公司独立董事规则》《深圳证券交易所上市公司自律监管指引第 2 号—— 创业板上市公司规范运作》及《公司章程》《独立董事工作细则》等相关法律、 法规及规章制度的规定，我们对公司第五届董事会第二次会议相关事项进行了认 真审议并发表如下独立意见： 一、关于公司控股股东及其他关联方占用公司资金、公司对外担保情况的 独立意见 根据中国证券监督管理委员会《上市公司监管指引第 8 号——上市公司资金 往来、对外担保的监管要求》等规定和要求，我们通过对 2023 年上半年公司对 外担保情况及关联方资金占用情况的审核，发表如下独立意见： 1、报告期内，不存在公司控股股东及其他关联方违规占用上市公司资金的 情况，也不存在以前期间发生并累计至报告期的控股股东及其他关联方占用公司 资金等情况。 2、报告期内，公司及子公司均无对外担保情况，不存在为控股股东及其他 关联方提供担保的情况，也不存在以前期间发生并延续到报告期的对外担保事 项。 二、关于 2023 年半年度募集资金存放和 ...

| 项 目 | 工作内容 | | --- | --- | | 1．公司信息披露审阅情况 | | | （1）是否及时审阅公司信息披露文件 | 是 | | （2）未及时审阅公司信息披露文件的次数 | 0 次 | | 2．督导公司建立健全并有效执行规章制度的 | | | 情况 | | | （1）是否督导公司建立健全规章制度（包括 但不限于防止关联方占用公司资源的制度、募 | 是 | | 集资金管理制度、内控制度、内部审计制度、 | | | 关联交易制度） | | | （2）公司是否有效执行相关规章制度 | 是 | | 3．募集资金监督情况 | | | （1）查询公司募集资金专户次数 | 1 次 | | （2）公司募集资金项目进展是否与信息披露 | 是 | | 文件一致 | | | 4．公司治理督导情况 | | | （1）列席公司股东大会次数 | 0 次 | | --- | --- | | （2）列席公司董事会次数 | 1 次 | | （3）列席公司监事会次数 | 0 次 | | 5．现场检查情况 | | | （1）现场检查次数 | 0 次 | | （2）现场检查报告是否按照本所规定报送 | 不适用 | | （3）现 ...

证券代码：300160 证券简称：秀强股份 公告编号：2023-052 江苏秀强玻璃工艺股份有限公司 第五届监事会第二次会议决议公告 表决结果：3票同意，0票反对，0票弃权。 监事会认为：2023年半年度公司严格按照《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2号——创业板上市公司规范运作》 本公司及监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。 江苏秀强玻璃工艺股份有限公司（以下简称"公司"）于2023年8月7日以 电子邮件、专人送达等方式发出了关于召开公司第五届监事会第二次会议的通 知。本次会议于2023年8月17日在宿迁市宿豫区江山大道28号公司四楼会议室以 现场结合线上方式召开。会议应参加监事3人，实际参加监事3人。公司董事会 秘书列席了会议。本次会议召开符合《公司法》等有关法律、法规和《公司章 程》的规定。会议由监事会主席李学家先生主持，本次会议经过有效表决，形 成如下决议： 1、审议通过《关于2023年半年度报告及摘要的议案》。 表决结果：3票同意、0票反对、0票弃权。 监事会认为：董事会编制和审核公司《2023年半年度报告》及 ...

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。 证券代码：300160 证券简称：秀强股份 公告编号：2023-051 江苏秀强玻璃工艺股份有限公司 第五届董事会第二次会议决议公告 表决结果：9 票同意，0 票反对，0 票弃权。 《2023 年半年度募集资金存放和使用情况专项报告》、独立董事发表的同意 独立意见同日披露于巨潮资讯网（www.cninfo.com.cn）。 特此公告。 江苏秀强玻璃工艺股份有限公司董事会 2023 年 8 月 19 日 江苏秀强玻璃工艺股份有限公司（以下简称"公司"）于2023年8月7日以电 子邮件、专人送达等方式发出了关于召开公司第五届董事会第二次会议的通知。 本次会议于2023年8月17日在宿迁市宿豫区江山大道28号公司四楼会议室以现场 结合线上方式召开。应参加会议董事9人，出席会议的董事9人，公司监事及高级 管理人员列席了会议。本次会议的召开符合《公司法》等有关法律、法规和《公 司章程》的规定。会议由公司董事长冯鑫先生主持，本次会议经过有效表决，形 成如下决议： 1、审议通过《关于 2023 年半年度报告及摘要的议案》。 表 ...

2023 年半年度非经营性资金占用及其他关联资金往来情况汇总表 | | 苏州盛丰源新材料科技有限公司 | 子公司 | 其他应收款 | 72.92 | 0.30 | | | 73.22 | 资金往来 | 非经营性往来 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 珠海港秀强新能源科技有限公司 | 子公司 | 其他应收款 | 3.24 | 344.75 | | 240.51 | 107.48 | 资金往 来、代垫 款 | 非经营性往来 | | 其他关联方及 其附属企业 | 宿迁市新星投资有限公司 | 持股 5%以 上股东、前 | 长期应收款 | 5,610.00 | | | 5,610.00 | 0.00 | 股权转让 | 经营性往来 | | 总计 | | 控股股东 | | 8,234.83 | 345.05 | 0.00 | 5,934.34 | 2,645.54 | | - | 法定代表人：冯鑫 主管会计工作负责人：李满英 会计机构负责人：程鹏 编制单位：江苏秀强玻璃工艺股份有限公司 单位：万元 | 非经营性 ...

Financial Performance - The company's revenue for Q1 2023 was ¥341,941,098.25, a decrease of 16.84% compared to the same period last year[3]. - Net profit attributable to shareholders increased by 5.05% to ¥62,811,942.60, while basic earnings per share decreased by 15.93% to ¥0.0813 due to an increase in total shares outstanding[3][4]. - The total operating revenue for Q1 2023 was CNY 341,941,098.25, a decrease of 16.7% compared to CNY 411,208,706.11 in Q1 2022[28]. - The net profit for Q1 2023 was CNY 62,671,261.05, representing an increase of 3.9% from CNY 60,337,360.64 in Q1 2022[29]. - The earnings per share (EPS) for Q1 2023 was CNY 0.0813, compared to CNY 0.0967 in the same period last year[30]. Cash Flow - The net cash flow from operating activities was ¥70,222,751.22, a significant increase of 698.87% compared to a negative cash flow in the same period last year[3]. - Cash inflows from operating activities totaled $317,844,397.85, up from $276,449,858.92 in the prior period, reflecting a growth of approximately 15%[33]. - Cash outflows from operating activities decreased to $247,621,646.63 from $288,175,742.56, indicating a reduction of about 14%[33]. - The company reported a net cash flow from investing activities of -$595,961,850.32, worsening from -$74,436,316.31 in the previous period[33]. - The ending cash and cash equivalents balance rose to $634,877,438.14 from $159,563,422.33, reflecting a growth of approximately 298%[33]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,787,509,089.40, reflecting a 0.49% increase from the end of the previous year[3]. - The total liabilities decreased to CNY 467,169,568.23 in Q1 2023 from CNY 528,024,898.27 in Q1 2022, a reduction of 11.5%[26]. - Cash and cash equivalents at the end of the period reached ¥634,877,438.14, a 297.88% increase from the previous year-end[14]. - The total number of common shareholders at the end of the reporting period is 39,685[16]. Shareholder Information - The largest shareholder, Zhuhai Port Co., Ltd., holds 25.02% of shares, totaling 193,405,692 shares[16]. - The company completed a private placement of 154,773,869 shares at a price of 5.97 CNY per share, raising approximately 924 million CNY[22]. - The total number of shares after the private placement increased from 618,172,423 to 772,946,292 shares[22]. - The company has no preferred shareholders as of the reporting period[18]. Expenses and Investments - The company reported a 144.85% increase in financial expenses to ¥4,966,794.30, primarily due to increased foreign exchange losses[11]. - Interest income surged by 1863.23% to ¥1,451,162.25, attributed to cash management using part of the raised funds[11]. - The research and development expenses for Q1 2023 were CNY 12,663,081.59, down from CNY 15,441,999.22 in Q1 2022[29]. - The company’s investment activities generated a net cash outflow of ¥595,961,850.32, a 700.63% increase in outflow compared to the previous year[14]. Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[29].

Financial Assets and Investments - The company's total financial assets at the end of the period amounted to 32,941,615.64 yuan, with other equity tool investments remaining unchanged at 5,000,000.00 yuan and receivables financing increasing by 27,833,487.66 yuan to 27,941,615.64 yuan[1] - Restricted assets at the end of the reporting period totaled 961,804,563.64 yuan, including 936,458,452.53 yuan in monetary funds and 25,346,111.11 yuan in accounts receivable[3] - The company's investment amount for the reporting period was 193,918,670.03 yuan, a decrease of 9.44% compared to the same period last year[4] - The company raised 923,999,997.93 yuan through the issuance of 154,773,869 A shares at 5.97 yuan per share, with net proceeds of 914,167,797.56 yuan after deducting issuance costs[8] Subsidiaries and Equity Transactions - The company's subsidiary, Sichuan Yongquan Glass Technology Co., Ltd., reported a net profit of 4,030,655.63 yuan, while Jiangsu Xiuqiang Photoelectric Glass Technology Co., Ltd. incurred a net loss of 102,134.96 yuan[11] - The company completed the deregistration of its wholly-owned subsidiary, Jiangsu Xiuqiang Huishang Enterprise Management Co., Ltd., which reduced the company's total profit by 13,298,000 yuan[13] - The company disposed of its 10% equity in Huohua (Xiamen) Cultural Communication Co., Ltd., completing the relevant industrial and commercial changes[14] Industry and Market Trends - The company's glass deep processing industry primarily uses ordinary glass as raw material to produce various value-added glass products for applications in home appliances, photovoltaic modules, construction, automotive, and electronics[15] - The smart home appliance market in China reached nearly 300 billion yuan in 2021 and is expected to grow to 6,331 billion yuan by 2027[16] - The first wave of home appliance subsidies from 2009-2013 resulted in cumulative retail sales of 298 million units and over 700 billion yuan in sales[17] - Many white goods have exceeded their 8-10 year usage cycle, leading to a potential surge in replacement demand[17] - Local governments are introducing new home appliance subsidy policies to stimulate domestic demand and promote green, smart, and eco-friendly appliances[18] - One-fifth of consumers are willing to spend over 10,000 yuan on high-end kitchen appliances[20] Environmental and Energy Goals - China aims to achieve carbon neutrality by 2060, with a target of 50% rooftop solar coverage for new public buildings and factories by 2025[21][22] - The "14th Five-Year Plan" for Building Energy Efficiency and Green Building Development sets mandatory requirements for installing photovoltaic systems in new buildings[22] - BIPV (Building Integrated Photovoltaics) development is driven by both policy and economic factors, with increasing penetration and national standards expected[22] - The company plans to promote photovoltaic power generation and building integration applications, aiming for a 50% coverage rate of photovoltaic roofs in new public buildings and factory buildings by 2025[25] - The company aims to achieve a renewable energy substitution rate of 8% in urban buildings by 2025[25] - The company targets to complete energy-saving renovations for existing buildings covering more than 350 million square meters by 2025[25] - The company plans to construct ultra-low energy and near-zero energy buildings covering more than 50 million square meters by 2025[25] - The company aims for prefabricated buildings to account for 30% of new urban buildings by 2025[25] - The company targets to add 50 million kilowatts of solar photovoltaic capacity in new buildings nationwide by 2025[25] - The company plans to achieve a geothermal energy application area of 100 million square meters in buildings by 2025[25] - The company aims for the proportion of electricity consumption in building energy consumption to exceed 55% by 2025[25] - The company requires new buildings to install solar systems, with photovoltaic components designed to have a service life of more than 25 years[25] - The company supports distributed photovoltaic projects with a minimum installed capacity of 0.1MW for building-integrated photovoltaic applications[25] Fixed Assets and Depreciation - Fixed assets are initially measured at cost, considering the impact of estimated disposal costs[34] - The annual depreciation rates for fixed assets are as follows: buildings 4.5%, transportation equipment 9.0-22.5%, machinery 3.6-9.0%, and electronic equipment 18.0%[35] - Construction in progress is measured at actual cost, including construction, installation, and capitalizable borrowing costs, and is transferred to fixed assets upon reaching the intended usable state[36] Borrowing Costs and Capitalization - Borrowing costs are capitalized if they are directly attributable to the acquisition, construction, or production of a qualifying asset[37] - The capitalization period for borrowing costs starts when the asset expenditure occurs, borrowing costs are incurred, and activities to prepare the asset for use or sale begin[39] - Borrowing costs are suspended if the construction or production of a qualifying asset is interrupted abnormally for more than 3 months[41] Intangible Assets and Amortization - The cost of right-of-use assets includes the initial measurement amount of lease liabilities, lease payments, initial direct costs, and estimated costs for dismantling and restoring the leased asset[46] - Intangible assets with finite useful lives are amortized over their useful lives, while those with indefinite useful lives are not amortized[48] - The useful lives of intangible assets are estimated as follows: software 2 years, trademarks 2 years, non-patented technology 10 years, patents 10 years, and land use rights 50 years[49] New Energy and Innovation - In 2022, China's new energy vehicle sales reached 6.87 million units, a 96% year-on-year increase, and the number of public charging piles reached 5.21 million, a 92.5% year-on-year increase[52] - The company will focus on innovation and high-end markets, aiming to provide functional and technologically advanced products to create greater customer value and mitigate the impact of rising raw material and labor costs[54] - In 2023, the company plans to enhance automation in production lines to improve efficiency, reduce labor costs, and increase product quality and yield[56] - The company will explore new opportunities in smart home appliances, new energy, and consumer electronics, with a focus on intelligent and high-end products in the home appliance glass sector[57] - The company aims to strengthen its market presence by expanding into new applications of glass processing in smart home appliances, new energy, and consumer electronics, while also targeting international markets such as North America, South America, and Southeast Asia[59] Talent Development and Internal Control - The company will continue to invest in talent development, focusing on performance management reforms, building a high-quality management team, and expanding core teams through internal training and external recruitment[60] - The company will advance the construction of key projects, including the "Smart Glass Production Line Project" and the "BIPV Component Production Line Project," to support future product and market expansion[62] - The company will improve its internal control system to enhance risk management and ensure the effective implementation of internal controls as the business scope and management dimensions expand[63] Risk Management - The company faces risks from raw material price fluctuations, particularly in the cost of raw glass, and plans to mitigate this through refined production management, differentiated sales strategies, and long-term supplier contracts[64] - The company is aware of the risks posed by technological advancements and potential replacements, and plans to stay competitive by collaborating with customers, participating in industry exhibitions, and fostering R&D partnerships with universities[65] - The company maintains a high proportion of R&D investment to drive product innovation and meet customer needs, which is crucial for sustaining growth and competitive advantage[66] - The company is expanding its smart glass and photovoltaic new energy business through external investments and acquisitions, focusing on vertical industry chain integration[68] - The company faces risks of declining gross margins due to intensified international trade friction, market competition, and policy changes, and is addressing this through cost control and market expansion[69] - The company is exposed to macroeconomic fluctuations, including geopolitical conflicts and trade tensions, and is mitigating risks by enhancing product competitiveness and exploring new markets[70] - The company is increasing environmental protection investments to comply with stricter regulations, which may impact profitability, and is upgrading production lines to reduce pollution[71] - The company is exposed to foreign exchange rate fluctuations due to its overseas sales, and is implementing risk management mechanisms to mitigate potential impacts[72] - The company has a robust accounts receivable management system but faces risks if customer financial conditions deteriorate, and is strengthening credit and collection management[73] Investor Relations and Corporate Governance - The company is actively engaging with investors through online platforms to communicate annual performance and strategic updates[75] - The company adheres to strict corporate governance standards and continuously improves its internal control systems to ensure compliance and operational efficiency[78] - The company conducts regular impairment tests on long-term assets, including goodwill and intangible assets, to ensure accurate financial reporting[84] - The company conducts impairment tests on asset groups or combinations of asset groups related to goodwill. If there are signs of impairment, the company first tests the asset groups or combinations without goodwill, calculates the recoverable amount, and compares it with the carrying amount to confirm impairment losses. Then, it tests the asset groups or combinations including goodwill, comparing the carrying amount with the recoverable amount. If the recoverable amount is lower, the impairment loss is first applied to reduce the carrying amount of goodwill, and then proportionally to other assets within the group[85] - Long-term deferred expenses are amortized over their beneficial periods, typically ranging from 36 to 120 months. If the expenses no longer benefit future accounting periods, the remaining unamortized value is fully transferred to current period profits[87] - Contract liabilities are recognized when the company receives or is entitled to receive consideration from customers for goods or services to be delivered in the future. Contract assets and liabilities under the same contract are presented net[88] - Short-term employee benefits are recognized as liabilities and expensed in the period the employee provides services. Social insurance, housing funds, union fees, and employee education funds are calculated based on prescribed rates and bases[90] - The company participates in defined contribution plans, such as basic pension and unemployment insurance, with contributions calculated based on local regulations and recognized as liabilities. It also participates in enterprise annuity plans, contributing a percentage of employee salaries[91] - Defined benefit plan obligations are recognized using the projected unit credit method, with the present value of obligations discounted using high-quality corporate bond yields. Changes in the net defined benefit liability or asset are recognized in other comprehensive income and not reclassified to profit or loss[92] - Termination benefits are recognized as liabilities when the company can no longer unilaterally withdraw the benefits or when restructuring costs are recognized[93] - Lease liabilities are initially measured at the present value of lease payments, including fixed payments, variable payments based on indices or rates, and expected payments for residual value guarantees. The company uses the incremental borrowing rate if the lease's implicit rate cannot be determined[94] - Variable lease payments not included in the lease liability are recognized in profit or loss when incurred. Lease liabilities are remeasured if there are changes in lease terms, such as purchase options or changes in payment amounts[95] - The company classifies components as discontinued operations if they represent a separate major business or geographical area, are part of a plan to dispose of such a business, or are subsidiaries acquired exclusively for resale. Results from discontinued operations are presented separately in the income statement[98] Financial Performance and Assets - Total current assets increased to 2,091,049,973.46 RMB in 2022 from 1,277,599,290.94 RMB in 2021, showing significant growth[106] - Cash and cash equivalents rose sharply to 1,126,711,797.51 RMB in 2022 compared to 168,461,993.59 RMB in 2021[106] - Accounts receivable decreased to 388,750,104.49 RMB in 2022 from 450,213,449.84 RMB in 2021[106] - Inventory reduced to 164,841,447.74 RMB in 2022 from 236,088,890.40 RMB in 2021[106] Employee Information - Total number of employees at the end of the reporting period was 2,498, with 1,796 being production personnel[112] - Educational background of employees: 17 with postgraduate degrees, 170 with bachelor's degrees, and 2,114 with education below college level[112] Accounting Policies and Compliance - The company implemented new accounting policies following the "Accounting Standards Interpretation No. 15" starting from January 1, 2022[102] - The Audit Committee held 4 meetings in 2022 to review financial reports and other important matters[109] - The Strategic Decision Committee approved an additional investment in Sichuan Yongquan Glass Technology Co., Ltd. on June 14, 2022[109] - The company's directors actively participated in decision-making processes, focusing on protecting the interests of minority shareholders[108] - The company's cash dividend policy is clear and compliant with regulations, with a cash dividend of RMB 77,294,629.20 distributed, accounting for 100% of the total profit distribution[117] - The company's total share capital is 772,946,292 shares, with a cash dividend of RMB 1 per 10 shares[117] - The company's 2019 restricted stock incentive plan granted 2,555,000 shares to 80 employees at a price of RMB 1.83 per share[122] - The company's training plan for 2023 focuses on "product upgrade and structural transformation" to build a high-performance team[115] - The company's salary structure includes position salary and performance-based salary, adjusted based on annual evaluations and job changes[113] - The company's welfare system includes basic and incentive-based benefits, with the latter targeting specific employees[114] - The company's profit distribution and capital reserve fund transfer plan are consistent with the company's articles of association[117] - The company's 2019 restricted stock incentive plan was approved by the board and shareholders, with adjustments made to the list of激励对象 and the number of shares granted[121] - The company's 2019 restricted stock incentive plan completed registration on December 12, 2019, with the上市日期 set for December 13, 2019[122] - The company's 2019 restricted stock incentive plan saw the first解除限售期 conditions met in 2021, with adjustments to the回购价格 and回购注销 of部分激励对象的限制性股票[123] - The company recognized deferred tax assets for deductible temporary differences, limited to the amount of taxable income likely to be obtained in future periods to offset these differences[127] - Deferred tax liabilities are recognized for taxable temporary differences, except in special circumstances[128] - Special circumstances where deferred tax assets or liabilities are not recognized include the initial recognition of goodwill and transactions that do not affect accounting profit or taxable income[129] - The company reviews the carrying amount of deferred tax assets at the balance sheet date and writes down the value if it is unlikely that sufficient taxable profit will be available to utilize the deferred tax asset[129] - The company chooses not to recognize right-of-use assets and lease liabilities for short-term leases and low-value asset leases, instead recognizing lease payments on a straight-line basis over the lease term[131] - The company repurchased and canceled 60,000 restricted shares from an incentive object under the 2019 restricted stock incentive plan[134] - The second unlock period for the 2019 restricted stock incentive plan was achieved, and the company unlocked the restricted shares for senior management who met the performance criteria[135] - The company has established a performance-based incentive mechanism for senior management, linking their income to work performance[135] - The company ensures transparent and fair information disclosure, maintaining good communication with investors through dedicated phone lines and online platforms[138] - The company has strengthened internal management and improved corporate governance in line with regulatory requirements, with no unresolved governance issues as of the reporting period[139] - The company has established a comprehensive internal control system to ensure normal business operations and risk management, with an Audit Committee overseeing internal and external audits[140] - The company maintains strong investor relations through various communication channels, including the Shenzhen Stock Exchange's interactive platform and board telephone lines[142] - The company operates independently from its controlling shareholders in terms of business, assets, personnel, organization, and finance, with a complete production, supply, and sales system[143] - The company has an independent financial department with a dedicated team, maintaining separate bank accounts and tax registration from shareholders[144] - The 2021 Annual General Meeting had a 35.45% attendance rate, held on April 11, 2022[146] - The 2022 First Extraordinary General Meeting had a 36.29% attendance rate, held on November 10, 2022[146] - The company's total shares held by directors, supervisors, and senior management at the end of the reporting period were 113,770,279 shares[148] - During the reporting period, a total of 398,900 shares were reduced by directors, supervisors, and senior management[148] - The company's Chairman, Feng Xin, holds 0 shares, while the General Manager, Lu Xiuqiang, holds 46,541,984 shares[147] - The company's independent directors and some supervisors hold 0 shares, maintaining strict independence from shareholding[147] - The company's total pre-tax remuneration for senior management in 2022 was 6.7894 million yuan, with the highest remuneration being 1.7161 million yuan for the General Manager and Director Lu Xiuqiang[156][157] - The company held 9 board meetings in 2022, with key decisions including the approval of the 2022 Q1 report and various other strategic matters[158] - The company's board of directors includes 9 members, with 3 independent directors and 6 non-independent directors, all of whom are currently serving[156] - The company's senior management team consists of 7 members, including the General Manager, 2 Vice General Managers, a Financial Director, and a Board Secretary[157] - The company's board of directors includes members with diverse professional backgrounds, including logistics, finance, and strategic development[149][150][151] - The company's independent directors include a university professor and a professional with a background in accounting and auditing[152] - The company's board of directors includes members with extensive experience in the logistics and shipping industry, as well as in the glass manufacturing industry[149][151] - The company's senior management team includes members with experience in technology development and quality management[155] - The company's board of directors includes members with experience in the financial and investment sectors[150] - The company's board of directors includes members with experience in the logistics and shipping industry, as

Financial Performance - The company's revenue for Q3 2022 was ¥390,795,160.13, representing a year-over-year increase of 1.63%[5] - The net profit attributable to shareholders for Q3 2022 was ¥39,785,825.27, a decrease of 21.56% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥37,997,541.57, down 20.97% year-over-year[5] - Revenue for the first nine months of 2022 reached CNY 180,768,595.17, a 66.15% increase compared to CNY 108,796,933.69 in the same period of 2021[13] - Net profit for the first nine months of 2022 was CNY 159,577,533.92, reflecting a 61.91% growth from CNY 98,560,911.06 in the previous year[13] - Operating profit for the same period was CNY 180.77 million, up 66.15% year-on-year, while total profit reached CNY 180.09 million, reflecting a growth of 66.95%[20] - Net profit attributable to shareholders was CNY 158.87 million, representing a year-on-year increase of 60.77%[20] - Total operating revenue for the current period reached ¥1,164,898,916.59, an increase of 12.5% compared to ¥1,035,259,747.23 in the previous period[26] - Net profit for the current period was ¥159,577,533.92, representing a significant increase of 62% from ¥98,560,911.06 in the previous period[28] - Total comprehensive income for the current period was ¥159,577,534.77, compared to ¥98,560,911.06 in the previous period, showing a growth of 61.8%[28] Assets and Equity - The total assets at the end of Q3 2022 amounted to ¥1,980,561,905.20, reflecting a 4.51% increase from the end of the previous year[5] - The company’s total equity attributable to shareholders increased by 9.44% to ¥1,294,801,445.74 compared to the end of the previous year[5] - As of September 30, 2022, total assets amounted to CNY 1,980.56 million, with total liabilities at CNY 683.49 million[24] Cash Flow and Expenses - Cash flow from operating activities for the year-to-date reached ¥170,033,599.91, up 70.07% year-over-year[5] - Cash flow from operating activities generated a net amount of ¥170,033,599.91, compared to ¥99,978,496.98 in the previous period, indicating a 70.1% increase[30] - Cash received from tax refunds decreased by 46.75% to CNY 13,863,167.88, attributed to a reduction in export tax rebates[15] - Cash paid for various taxes increased by 50.43% to CNY 25,018,190.41, reflecting higher sales revenue[15] - Cash paid for the purchase of fixed assets surged by 151.91% to CNY 160,864,314.49, as the company advanced its production line automation upgrades[15] - The company reported a 996.61% increase in cash paid for dividends and interest, totaling CNY 64,919,360.06, due to the implementation of profit distribution[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,329[17] - The largest shareholder, Zhuhai Port Co., Ltd., holds 25.02% of the shares, amounting to 154,681,270 shares[17] Research and Development - Research and development expenses increased by 35.56% to CNY 52,591,384.69, driven by enhanced investment in smart home appliances and BIPV glass[13] - Research and development expenses rose to ¥52,591,384.69, up from ¥38,797,028.53, reflecting a growth of 35.5%[27] Operational Highlights - The company reported a significant increase in prepayments, which rose by 151.72% to ¥51,902,537.10, due to stockpiling of raw materials in response to logistics impacts from the pandemic[10] - The company's short-term borrowings increased by 70.63% to ¥201,739,993.14, driven by higher funding needs for project investments and raw material procurement[10] - The company's export sales revenue increased by 24.98% year-on-year, with products now exported to over 20 countries and regions including Europe, America, and Japan[20] - The sales revenue from the company's new energy vehicle charging pile glass products rose from 3.31% of total sales in 2021 to 5.95% in the first three quarters of 2022[20] - The gross profit margin increased by 5.82 percentage points compared to the same period last year[21] - The company has completed the construction of five distributed photovoltaic power station projects, which serve as benchmarks for its new energy business[21] - The "Intelligent Glass Deep Processing Project" in the western region is expected to commence operations in December 2022[21] - The company plans to initiate a refinancing issuance to fund the construction of intelligent glass production lines and BIPV component production lines[21] Financial Adjustments - Financial expenses showed a significant increase of -384.15%, primarily due to exchange gains from the appreciation of the USD against the CNY[13] - The net profit from non-recurring items for the year-to-date was ¥1,788,283.70, down from ¥6,154,412.47 in the previous year[6] Audit Information - The third quarter report of Jiangsu Xiugang Glass Craft Co., Ltd. is unaudited[32]