Financial Performance - The company's revenue for Q1 2023 was ¥68,845,181.78, a decrease of 6.35% compared to ¥73,513,466.86 in the same period last year[5] - The net loss attributable to shareholders was ¥5,227,853.04, representing a significant increase of 368.90% from a loss of ¥1,114,910.20 in the previous year[5] - Basic and diluted earnings per share were both -¥0.011, a decrease of 358.33% from -¥0.0024 in the previous year[5] - The net profit for the current period is a loss of ¥5,250,069.90, compared to a loss of ¥1,171,157.68 in the previous period, indicating a worsening financial performance[19] - The total comprehensive income attributable to the parent company is a loss of ¥5,228,131.74, compared to a loss of ¥1,115,905.72 in the previous period[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥21,963,908.91, a decline of 93.95% compared to -¥11,324,712.49 in the same period last year[5] - Cash flow from operating activities shows a net outflow of ¥21,963,908.91, worsening from a net outflow of ¥11,324,712.49 in the previous period[20] - Cash and cash equivalents decreased from CNY 75,553,310.49 to CNY 63,581,310.20, a reduction of about 15.5%[13] - Cash and cash equivalents at the end of the period decreased to ¥63,581,310.20 from ¥28,201,294.11, indicating liquidity challenges[21] - The company experienced a foreign exchange loss of ¥94,284.15, which impacted the overall cash position[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥627,733,588.09, down 2.49% from ¥643,741,486.77 at the end of the previous year[5] - Total current assets decreased from CNY 358,435,258.20 at the beginning of the year to CNY 345,022,236.54 at the end of the reporting period, a decline of approximately 3.9%[13] - Total liabilities decreased from CNY 50,803,435.90 to CNY 39,396,362.43, a reduction of approximately 22.3%[15] - The total assets decreased from CNY 643,741,486.77 to CNY 627,733,588.09, a decline of about 2.5%[15] - The company's retained earnings showed a negative balance, increasing from CNY -43,325,475.07 to CNY -48,553,328.11[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,785[11] - The largest shareholder, Lu Xianfeng, holds 15.55% of the shares, amounting to 73,723,057 shares, with 56,381,234 shares pledged[11] Research and Development - Research and development expenses increased by ¥1,092,700, a rise of 77.28%, reflecting increased investment in R&D during the reporting period[10] - Research and development expenses increased significantly to ¥2,506,708.54, up from ¥1,413,964.06, reflecting a focus on innovation[16] Investment Income - The company reported a decrease in investment income of ¥803,900, a decline of 357.69%, primarily due to reduced income from joint ventures[10] - The company received cash inflows from investment activities totaling ¥20,958,345.34, indicating some positive cash flow from investments[21] Accounts Receivable and Inventory - Accounts receivable increased by ¥28,459,400, an increase of 42.90%, attributed to slower collection of receivables[9] - Accounts receivable increased from CNY 66,338,132.67 to CNY 94,797,520.66, representing an increase of approximately 42.9%[13] - Inventory decreased from CNY 176,247,369.06 to CNY 156,752,452.44, a decline of about 11.0%[13] Operating Costs - Total operating revenue for the current period is ¥68,845,181.78, a decrease of 6.5% from ¥73,513,466.86 in the previous period[16] - Total operating costs for the current period are ¥72,061,091.71, slightly down from ¥73,441,554.43, indicating a cost reduction strategy[16]

Financial Performance - The company's operating revenue for 2022 was CNY 304,664,492.41, a year-on-year decrease of 0.52%[6]. - The net profit attributable to shareholders was CNY -1,716,569.80, representing a year-on-year improvement of 50.74% in loss reduction[6]. - The company's operating revenue for 2022 was CNY 304,664,492.41, a decrease of 0.52% compared to CNY 306,256,010.49 in 2021[28]. - The net profit attributable to shareholders improved by 50.74%, reaching a loss of CNY 1,716,569.80 in 2022, compared to a loss of CNY 3,484,687.57 in 2021[28]. - The cash flow from operating activities significantly increased by 289.54%, amounting to CNY 84,348,824.24 in 2022, compared to CNY 21,653,212.52 in 2021[28]. - The total assets of the company decreased by 6.58% to CNY 643,741,486.77 at the end of 2022, down from CNY 689,118,320.19 at the end of 2021[28]. - The basic earnings per share improved by 51.35%, resulting in a loss of CNY 0.0036 per share in 2022, compared to a loss of CNY 0.0074 per share in 2021[28]. - The company reported a total revenue from fabric, window decoration, and shading products of CNY 279,013,560.84 after deducting certain revenues in 2022[28]. - The company reported a net foreign exchange loss of CNY -523.98 million in 2022 due to currency fluctuations, which may adversely affect future performance[13]. - The company reported a net loss of CNY 43,325,475.07 for the period, with no cash dividend distribution proposed despite having positive distributable profits[129]. Business Strategy and Operations - The company ceased non-core business operations in certain subsidiaries to focus on its main business, which significantly improved cash flow and reduced financial costs[6]. - The company plans to stop consolidating the financial data of subsidiaries that lost control starting from April 2023, mitigating the impact on future financial statements[14]. - The company aims to expand its revenue by leveraging its existing technology reserves and exploring new application areas for its products[40]. - The company is focused on sustainable development and aims to contribute to carbon neutrality by enhancing building energy efficiency standards and promoting green construction practices[76]. - The company has ongoing construction projects, including a new energy-efficient window production facility, which is expected to enhance production capacity significantly[66]. - The company plans to enhance its governance structure and internal control management to improve operational efficiency and risk management capabilities[80]. - The company will implement a marketing strategy that emphasizes domestic market penetration and international expansion, targeting emerging and underserved regions[80]. - The company is committed to talent acquisition and development to support business innovation and enhance operational capabilities[81]. Market and Competition - The proportion of foreign sales revenue to total operating revenue was 71.43% in 2022, indicating a high dependency on international markets[10]. - The company is facing increased competition in the shading fabric market, which may impact its market share and growth rate[8]. - The competitive landscape in the shading materials market is intensifying, with a focus on high-end products dominated by a few key players[40]. - The company has a leading market share in the domestic sunshine fabric production industry, attributed to its technological advancements and product quality[40]. - The company recognizes the risk of fluctuating raw material prices, particularly for polyester fibers and PVC, which are influenced by global oil prices[84]. - The company anticipates intensified market competition as more players enter the shading materials sector, which may impact market share and growth rates[84]. Research and Development - The company has developed four innovative new polymer composite shading materials, enhancing its product offerings[41]. - R&D investment amounted to ¥11,329,793.04 in 2022, representing 3.72% of total revenue, an increase from 3.28% in 2021[60]. - The company completed the development of a high-performance glass fiber polypropylene composite material, which is expected to enhance product functionality and competitiveness[60]. - The company is developing a new type of halogen-free flame-retardant insulation composite material to meet high-performance material demands, which is expected to contribute to future profit growth[60]. Governance and Compliance - The company has established a governance structure that includes a board of directors, supervisory board, and management team, complying with relevant laws and regulations[91]. - The board consists of 5 members, including 2 independent directors, ensuring compliance with legal requirements[92]. - The company emphasizes information disclosure, adhering to regulations and ensuring timely and accurate communication with investors[95]. - The company has implemented a performance evaluation and incentive mechanism for directors and senior management, aligning with its development status[95]. - The company has a structured governance system in compliance with relevant laws and regulations[96]. - The company has not faced any penalties or corrective actions during the reporting period, further underscoring its compliance with regulations[159]. Human Resources - The total number of employees at the end of the reporting period was 675, with 557 in major subsidiaries[125]. - The professional composition includes 507 production personnel, 28 sales personnel, 45 technical personnel, 21 financial personnel, and 74 administrative personnel[125]. - The company emphasizes employee training with tailored plans for different positions, focusing on feedback and effectiveness[127]. - The remuneration policy for directors, supervisors, and senior management is based on company scale and economic performance, ensuring overall labor costs are controllable[126]. Environmental and Social Responsibility - The company has obtained ISO14001 environmental management system certification and will continue to strengthen environmental supervision and management[141]. - The company emphasizes a focus on energy-saving shading products, aiming to create green value for customers and meet public demand[142]. - The company is committed to social responsibility and actively engages in social welfare activities, promoting prosperity in collaboration with local governments and organizations[144]. Financial Management - The company has not engaged in any significant equity or non-equity investments during the reporting period[69][70]. - The company has not experienced any major changes in the scope of consolidated financial statements compared to the previous year, maintaining consistency in reporting[157]. - The company has not made any significant acquisitions or disposals of assets or equity during the reporting period, reflecting a stable operational strategy[162]. - The company has maintained a continuous relationship with the auditing firm Zhongshun Zhonghuan CPA for 16 years, with an audit fee of RMB 800,000 for the reporting period[158].

证券代码：300163 证券简称：先锋新材 公告编号：2023-032 宁波先锋新材料股份有限公司 关于举行2022年度网上业绩说明会的公告 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。 宁波先锋新材料股份有限公司（以下简称"公司"）2022年年度报告及年度 报告摘要已于2023年4月24日在巨潮资讯网（http://www.cninfo.com.cn）上披 露。为了便于广大投资者更深入全面地了解公司情况，公司定于2023年5月9日（星 期二）15:00-16:00在中国证券网路演中心（http://roadshow.cnstock.com/） 举行2022年度网上业绩说明会，欢迎广大投资者积极参与。 出席本次年度报告说明会的人员有：董事长熊军先生、董事兼总经理卢先锋 先生、董事兼董事会秘书凌赛珍女士、独立董事杨光先生、财务总监叶林玲女士。 为充分尊重投资者、提升交流的针对性，现就公司2022年度网上业绩说明会 提前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于2023 年5月9日（星期二）14:00前将有关问题通过电子邮件的形式发送至公司证券 ...

证券代码：300163 证券简称：先锋新材 宁波先锋新材料股份有限公司 投资者关系活动记录表 编号：2015-004 | --- | --- | --- | --- | |-----------------------|------------------------------|--------------------------------------------------|-------| | | | | | | 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 | | | | | ■ 现场调研 | | | | | □ | 其他 （请文字说明其他活动内容） | | | 参与单位名称及 | 国泰君安 黄涛 | | | | 人员姓名 | 中银国际 彭勇 | | | | | | | | | 时间 | 2015 年 5 月 11 | 日 | | | 地点 | 宁波先锋新材料有限公司会议室 | | | | 上市公司接待人 员姓名 | | 董事会秘书孟凡龙、证券事务代表唐艳君 | | | 投资者关系活动 | | ...

证券代码：300163 证券简称：先锋新材 宁波先锋新材料股份有限公司 投资者关系活动记录表 编号：2014-004 | --- | --- | --- | --- | |-----------------------|--------------------------------------|---------------------------------------|--------------------------------------------------| | | | | | | 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 | | | | | ■ 现场调研 | | | | | □ 其他 （请文字说明其他活动内容） | | | | 参与单位名称及 | | 光大保德信基金 丁星乐 融通基金 范琨 | | | 人员姓名 | | 富安达基金 栾庆帅 中国民族证券 许辉 | | | | | 华创证券 蔡春根 中国民族证券 卞鹏 | | | | | | | | | | 兴业全球基金 李跃 中国民 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥68,754,202.45, representing a 4.00% increase year-over-year[5] - Net profit attributable to shareholders for Q3 2022 was ¥1,285,276.36, a significant increase of 201.36% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥699,720.75, a decrease of 80.63% year-over-year[5] - Total operating revenue for Q3 2022 was CNY 245,955,225.80, an increase of 6.57% compared to CNY 231,436,983.38 in the same period last year[16] - Net profit for Q3 2022 was CNY 5,780,312.22, slightly up from CNY 5,577,968.10 in Q3 2021, indicating a growth of 3.63%[17] - Earnings per share for Q3 2022 were CNY 0.0125, compared to CNY 0.0123 in the previous year, showing an increase of 1.63%[18] - Other income for Q3 2022 was CNY 1,877,820.60, compared to CNY 1,521,966.51 in the same period last year, marking a growth of 23.49%[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥640,104,293.87, down 7.11% from the end of the previous year[5] - The company's total assets decreased from CNY 689,118,320.19 on January 1, 2022, to CNY 640,104,293.87 by September 30, 2022, representing a decline of approximately 7.1%[12] - Total current liabilities dropped from CNY 86,174,757.76 to CNY 32,040,489.57, a decrease of approximately 62.8%[13] - The total liabilities as of the end of Q3 2022 were CNY 39,922,902.72, down from CNY 94,711,081.98 at the end of the previous year[17] - The total equity attributable to shareholders of the parent company was CNY 600,786,612.12, an increase from CNY 594,875,299.06 year-over-year[17] Cash Flow - Cash flow from operating activities for the year-to-date was ¥65,521,463.51, a remarkable increase of 7,241.23%[5] - Cash flow from operating activities for the current period was CNY 65,521,463.51, a significant improvement from a negative cash flow of CNY -917,509.32 in the same period last year[19] - The net cash flow from investment activities was -11,437,356.22 CNY, compared to -2,046,045.54 CNY in the previous year[20] - Cash inflow from financing activities totaled 5,000,000.00 CNY, down from 32,000,000.00 CNY year-over-year[20] - The net cash flow from financing activities was -30,821,965.28 CNY, compared to -48,610,318.37 CNY in the previous year[20] - The cash and cash equivalents at the end of the period amounted to 71,407,019.38 CNY, an increase from 25,144,079.39 CNY year-over-year[20] - The balance of cash and cash equivalents increased by ¥29,634,000, a rise of 70.94% due to the recovery of prior payments[8] Shareholder Information - As of September 30, 2022, the total number of common shareholders was 25,856, with the largest shareholder, Lu Xianfeng, holding 18.51% of shares[9] - The largest shareholder, Lu Xianfeng, has a total of 87,737,203 unrestricted shares[9] - The company has no preferred shareholders as of the report date[11] Expenses and Investments - Research and development expenses for Q3 2022 amounted to CNY 8,805,733.14, compared to CNY 8,082,413.77 in Q3 2021, reflecting an increase of 8.93%[16] - The company reported a total of CNY 13,949,148.54 in long-term equity investments as of September 30, 2022, slightly down from CNY 14,222,445.95 at the beginning of the year[13] - The total non-current assets decreased from CNY 304,269,559.52 to CNY 287,418,794.89, reflecting a decline of about 5.5%[13] Other Financial Metrics - The company's basic earnings per share for Q3 2022 was ¥0.0027, up 200.00% year-over-year[5] - The weighted average return on net assets was 0.21% for the reporting period, a slight increase of 0.42% compared to the previous year[5] - The company reported a total of ¥1,984,997.11 in non-recurring gains for the reporting period[6] - The company reported a decrease in tax expenses to CNY 2,173,505.81 from CNY 1,209,134.98 in the previous year, indicating a year-over-year increase of 80.00%[17] Audit Information - The company did not conduct an audit for the third-quarter report[21]

Financial Performance - The company's revenue for the reporting period was ¥177,201,023.35, representing a 7.18% increase compared to ¥165,328,080.01 in the same period last year[28]. - Net profit attributable to shareholders decreased by 34.53% to ¥4,632,195.98 from ¥7,074,928.39 in the previous year[28]. - The net profit after deducting non-recurring gains and losses dropped by 91.81% to ¥157,579.04 from ¥1,923,263.90[28]. - The net cash flow from operating activities improved significantly to ¥54,854,314.81, a 469.57% increase from -¥14,842,876.55[28]. - The company reported a net loss of ¥36,483,743.19 for the period, an improvement compared to a loss of ¥41,115,939.17 in the previous year[131]. - The net profit for the first half of 2022 was CNY 4,539,497.83, a decrease of 34.3% from CNY 6,914,361.12 in the same period of 2021[135]. - The total comprehensive income for the first half of 2022 was CNY 2,901,833.29, reflecting a decrease from CNY 5,543,057.13 in the first half of 2021[138]. Market and Competition - The company reported a significant reliance on foreign markets, with export revenue accounting for 71% of total operating income in 2021, down from 75.33% in 2020 and 79.91% in 2019[11]. - The company faces risks from market competition as the shading fabric market becomes increasingly crowded, which could lead to a decline in market share if competitiveness is not maintained[9]. - The company is focused on maintaining its position in the mid-to-high-end product market despite increasing competition and rising production costs[9]. Raw Materials and Costs - The main raw materials for the company's functional shading materials, including polyester fiber and PVC, have seen price increases due to rising international oil prices, impacting product cost control[10]. - The company acknowledges the risk of raw material price volatility, which is influenced by global political and economic factors, potentially affecting profitability[10]. - The operating cost increased by 10.20% to ¥147,049,751.94 from ¥133,439,503.59, primarily due to higher sales volume[45]. Research and Development - The company developed four innovative new products in the field of polymer composite shading materials, enhancing its competitive edge[36]. - The company's R&D investment was ¥5,122,712.75, a slight decrease of 3.02% from ¥5,282,226.54 in the previous year[45]. - As of June 30, 2022, the company held a total of 69 domestic patents and 47 foreign patents, indicating a strong focus on technological innovation[41]. Financial Position - Total assets at the end of the reporting period were ¥666,786,407.34, down 3.24% from ¥689,118,320.19 at the end of the previous year[28]. - Cash and cash equivalents increased to 97,242,420.43, representing 14.58% of total assets, up from 6.06% the previous year, mainly due to the recovery of prior payments[51]. - Accounts receivable decreased to 97,275,929.21, accounting for 14.59% of total assets, down from 19.86% the previous year, also due to the recovery of prior payments[51]. - Inventory decreased to 156,197,400.61, representing 23.43% of total assets, down from 25.86% the previous year, attributed to improved inventory turnover due to easing international shipping constraints[51]. Governance and Compliance - The independent director raised concerns about the incompleteness of the half-year report, highlighting undisclosed matters related to asset sales and guarantees that could affect shareholder interests[5]. - The independent director's concerns about the adequacy of disclosures in the report suggest potential governance issues that could impact investor confidence[6]. - The semi-annual financial report was not audited[89]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 28,754[115]. - The total number of shares is 474,000,000, with 99.92% being unrestricted shares[113]. - Lu Xianfeng holds 20.29% of the shares, totaling 96,166,203, with 8,758,000 shares reduced during the reporting period[115]. - The company has not conducted any repurchase transactions during the reporting period[116]. Environmental and Social Responsibility - The company has obtained ISO14001 environmental management system certification and will continue to strengthen environmental supervision[77]. - The company emphasizes employee rights protection, providing various benefits and support for employee well-being[81]. - The company actively responds to national epidemic prevention policies, ensuring strict compliance with health measures[83]. Financial Instruments and Accounting - The group recognizes financial assets and liabilities when it becomes a party to a financial instrument contract[193]. - Financial assets are classified based on the business model and cash flow characteristics, including those measured at amortized cost and fair value[194]. - The group uses the effective interest method for financial assets measured at amortized cost, with gains or losses recognized in profit or loss[195].

宁波先锋新材料股份有限公司 2022 年第一季度报告全文 证券代码：300163 证券简称：先锋新材 公告编号：2022-030 宁波先锋新材料股份有限公司 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、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 (二)非经常性损益项目和金额 3.第一季度报告是否经过审计 □ 是 √ 否 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） | 73,513,466.86 | 79,616,569.25 | -7.67% | | 归属于上市公司股东的净利润（元 ...

Financial Performance - The net profit attributable to shareholders decreased by over 50% year-on-year, primarily due to rising raw material prices and the impact of the COVID-19 pandemic on supply chains [4]. - The company's revenue increased by 11.07% compared to 2020, indicating a stable core business despite external challenges [5]. - The company reported a net profit attributable to shareholders was a loss of CNY 3,484,687.57, representing a decrease of 119.17% from a profit of CNY 18,182,348.54 in 2020 [26]. - The net cash flow from operating activities decreased by 72.95% to CNY 21,653,212.52 from CNY 80,035,668.12 in the previous year [26]. - The total assets at the end of 2021 were CNY 689,118,320.19, down 3.87% from CNY 716,872,308.66 at the end of 2020 [26]. - The company reported a basic earnings per share of -0.0074, a decline of 119.27% from 0.0384 in 2020 [26]. - The company’s net profit after deducting non-recurring gains and losses was a loss of CNY 13,565,378.22, compared to a profit of CNY 373,902.89 in 2020, marking a decrease of 3,728.05% [26]. - The company’s weighted average return on equity was -0.58%, down from 3.09% in 2020 [26]. - The company received government subsidies amounting to CNY 2,560,331.87, down from CNY 4,875,685.26 in 2020 [32]. - The company reported a significant decrease in quarterly net profit, with a loss of CNY 9,291,634.50 in Q4 2021 [29]. Revenue Breakdown - The company's operating revenue for 2021 was CNY 306,256,010.49, an increase of 11.07% compared to CNY 275,721,490.77 in 2020 [26]. - The revenue from fabric, window coverings, and shading products was CNY 285,319,497.09, compared to CNY 264,752,768.27 in 2020 [27]. - The revenue from the shading fabric manufacturing sector decreased by 7.02% to CNY 174.88 million, while the revenue from shading products increased by 39.61% to CNY 121.91 million [55]. - The company achieved a significant increase in coal trading revenue, which surged by 2,771.27% to CNY 9.14 million [55]. - The domestic market revenue increased by 30.58% to CNY 88.82 million, while international market revenue grew by 4.69% to CNY 217.43 million [55]. Cost and Expenses - The cost of raw materials in the operating costs increased to CNY 154,557,461.63, representing 63.20% of total operating costs, due to rising average unit procurement costs [59]. - Research and development expenses decreased by 38.97% to CNY 10,058,871.18, primarily due to reduced investment in R&D materials compared to the previous year [63]. - The company’s financial expenses decreased by 64.95% to CNY 4,032,377.23, mainly due to reduced borrowings and exchange rate fluctuations [63]. - The company’s cash outflow from investment activities increased by 172.57% to CNY 16,963,227.70, primarily due to higher cash payments for forward foreign exchange settlements [67]. Market Position and Strategy - The proportion of foreign sales in total revenue was 71% in 2021, highlighting the company's reliance on international markets [9]. - The company plans to enhance its core technology advantages and improve product quality to achieve cost minimization and profit maximization in 2022 [5]. - The company aims to expand its sales channels and leverage synergies among subsidiaries to boost sales of its main products [5]. - The company is actively expanding its product applications, which will provide more revenue opportunities [40]. - The market for functional sunshade products is expected to grow significantly due to changing consumer habits and increased product awareness [38]. - The company is positioned in the mid-to-high-end market for sunshade materials, facing increasing competition from both domestic and foreign players [39]. - The company plans to continue its technology upgrades to further reduce production costs and improve operational efficiency [52]. Innovation and Development - The company has developed four innovative new materials for sunshade products, breaking the monopoly of foreign enterprises in this field [41]. - The company has introduced innovative products such as halogen-free flame-retardant fabrics and aluminum-coated fabrics, enhancing its product offerings [47]. - The company has added 3 new invention patents during the reporting period, reflecting its commitment to continuous innovation [53]. - The company has developed new high-performance composite materials aimed at expanding its product offerings in the shading market [66]. Governance and Compliance - The company has established a governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and management team, ensuring compliance with relevant regulations [91]. - The company emphasizes information disclosure, adhering to regulations and maintaining good communication with investors [97]. - The company has not encountered any significant discrepancies in its governance practices compared to regulatory requirements [101]. - The company’s independent directors are actively involved in other organizations, indicating a broad network of expertise [109]. - The company has maintained a stable management team with no resignations or dismissals reported during the period [106]. Employee and Social Responsibility - The company emphasizes employee rights protection, providing benefits such as health check-ups and training opportunities [138]. - The company has implemented measures to enhance employee satisfaction and team cohesion through cultural activities [138]. - The company is committed to fulfilling its social responsibilities while continuously innovating in the shading energy-saving sector [135]. - The company actively responded to national epidemic prevention policies, implementing strict measures such as disinfection and access control [140]. Shareholder Information - The total number of shares is 474,000,000, with 99.92% being unrestricted shares [180]. - The largest shareholder, Lu Xianfeng, holds 22.14% of the shares, totaling 104,924,203 shares, with a decrease of 7,483,500 shares during the reporting period [182]. - The total number of shareholders at the end of the reporting period was 28,028, a decrease from 37,644 at the end of the previous month [182]. - The company has not experienced any changes in its controlling shareholder during the reporting period [185].