Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2022, representing a year-on-year increase of 15%[21] - The net profit attributable to shareholders was RMB 200 million, which is a 10% increase compared to the previous year[21] - The company's operating revenue for 2022 was ¥768,829,333.36, an increase of 2.87% compared to ¥747,400,430.78 in 2021[26] - Net profit attributable to shareholders was ¥22,279,308.89, representing a significant increase of 52.75% from ¥14,585,027.55 in the previous year[26] - The net profit after deducting non-recurring gains and losses was ¥2,861,181.93, a turnaround of 109.40% from a loss of ¥30,422,014.92 in 2021[26] - The total assets at the end of 2022 amounted to ¥1,742,100,107.12, reflecting a growth of 5.15% from ¥1,656,718,479.97 at the end of 2021[26] - The company's net assets attributable to shareholders increased by 15.98% to ¥1,093,681,840.21 from ¥942,972,232.98 in 2021[26] - The cash flow from operating activities for 2022 was ¥77,598,720.21, a decrease of 4.72% compared to ¥81,445,688.82 in 2021[26] - The company reported a basic earnings per share of ¥0.04, up 33.33% from ¥0.03 in 2021[26] - The weighted average return on equity was 2.10%, an increase of 0.53% from 1.57% in the previous year[26] Market Expansion and Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 20% market share by 2025[21] - User data indicates a growth of 25% in the number of active clients, reaching 5,000 by the end of 2022[21] - Future guidance estimates a revenue growth of 18% for 2023, driven by new product launches and increased market demand[21] - The company is exploring potential mergers and acquisitions to enhance its service offerings and market presence[21] Research and Development - The company plans to invest RMB 300 million in research and development for new technologies in the upcoming year[21] - The company has successfully developed a new carbon capture technology, which is expected to reduce operational costs by 15%[21] - The company is advancing its clean energy business through gas recovery projects, supported by newly acquired patents for gas desulfurization and dehydration[67] - The CCUS business is progressing with partnerships for CO2 injection and enhanced oil recovery, with several patents obtained for related technologies[69] - The company is developing a new liquid explosive for fracturing, which is expected to enhance market share in tight oil reservoirs[86] - The company is working on a cable-based explosive fracturing process to improve safety and reduce costs in steep wells[86] - The company is focusing on the development of high-temperature and high-pressure anti-corrosion completion tools to lower oilfield development costs and meet domestic market demands[89] Operational Efficiency and Cost Management - The company has optimized its operational structure by reducing costs and eliminating unprofitable projects, enhancing cash flow management capabilities[61] - The company has established a unique perforation research center and dynamic research laboratory, focusing on independent innovation and effective integration of geological features with perforation technology[62] - The company is enhancing digitalization and information technology to improve operational efficiency, including the implementation of a visual management system[70] - The Kingdee EAS system has been upgraded to enhance data integration and improve operational efficiency, with phase two entering testing[71] - The company is focused on cost reduction and efficiency improvement through refined management practices, including procurement optimization and waste reduction strategies[123] Risks and Challenges - The company faces risks from oil and gas price fluctuations, which could impact exploration and development investments; it plans to adopt flexible market strategies and enhance R&D efforts to mitigate these risks[125] - Increased competition from domestic rivals, particularly from state-owned oil companies, poses a risk; the company aims to strengthen its core technologies and market network to maintain its competitive edge[126] - The company has identified risks associated with overseas operations, particularly in the U.S., and is enhancing management and compliance to mitigate these risks[128] - Seasonal business performance leads to uneven revenue distribution, with lower income in the first half of the year; the company plans to improve management to address this issue[129] Corporate Governance and Shareholder Relations - The company has conducted three shareholder meetings in 2022, ensuring equal treatment of all shareholders and facilitating their participation in decision-making[138] - The board of directors consists of five members, including two independent directors, ensuring compliance with relevant regulations and enhancing governance practices[139] - The company has established a scientific and effective performance evaluation and incentive mechanism, with a compensation and assessment committee responsible for evaluating directors and senior management[140] - The company emphasizes shareholder rights protection by providing timely and accurate information disclosure and maintaining a stable profit distribution policy[183] Employee Management and Development - The total number of employees at the end of the reporting period was 612, with 304 in the parent company and 308 in major subsidiaries[165] - The company has a salary policy that aligns with its development stage, ensuring employee compensation matches job value, capabilities, and performance contributions[166] - In 2022, the company focused on training technical personnel and organized various training programs for sales and management staff to enhance their skills[167] - The company plans to improve its training management system in 2023 to enhance employee cohesion and core competitiveness[167] Financial Management and Investments - The company raised a total of RMB 11,469.64 million through a private placement in 2022, with RMB 8,023.70 million already utilized[108] - The remaining balance of the raised funds is RMB 3,445.94 million, which will continue to be used for the shale gas perforation technology service upgrade project[108] - The company has not engaged in any securities or derivative investments during the reporting period[106] - The company has reported a total of 34,127,777 shares held by the quality development relief fund partnership, which is under the control of the major shareholder[190]

西安通源石油科技股份有限公司 投资者接待会记录 西安通源石油科技股份有限公司（以下简称"公司"）于 2016 年 12 月 13 日在北京分公司会议室接待了中金证券等机构投资者共 4 人。此次接待会由 公司董事会秘书张志坚先生主持，公司在已披露信息范围内就公司经营情况、产 品、技术、服务优势、发展规划等方面与参会者进行了交流，并就投资者提出的 各项问题进行了逐一解答。 此次接待活动记录如下： （一）接待时间：2016 年 12 月 13 日，09:30 （二）接待地点：北京分公司会议室 （三）接待方式：会议交流 （四）参会人员：张志坚、孔令鑫、李然、闫凌云、方小静 公司方面： 张志坚 投资者方面：中金证券孔令鑫、腾业投资李然、鼎萨投资方小静、信达证券闫 凌云 主持人： 张志坚 1 记录人：宋海艳 （五）会议记录： 公司向与会投资者在已披露信息范围内，对公司所属行业情况、技术发展历 程、产品、技术特点、市场状况等情况进行了简单介绍，并就投资者提出的问题 进行了解答。记录如下： 1、问：根据 2016 年盈利预测情况，销售费用有所下降，2017 年销售 费用下降是否可持续？2017 年是否盈利？ 答：2016 年 ...

证券代码：300164 证券简称：通源石油 编号：20161227 西安通源石油科技股份有限公司投资者关系活动记录表 | --- | --- | |-----------------------------|-----------------------------------------------------------------------------------| | 投资者关系活动 类别 | 特定对象调研 | | 参与单位名称及 | 太平资产（陈炳华）太平资产（徐建花） | | 人员姓名 | 银河证券（王华君）银河证券（刘兰程） | | | 兴业证券（孙佳丽）兴业证券（向元媛） | | 时间 | 2016 年 12 月 27 日 上午 10:00 | | 地点 | 北京分公司会议室 | | 上市公司接待人 | 张志坚 | | 员姓名 | | | 投资者关系活动 主要内容介绍 | 、介绍公司 2016 年经营情况及发展战略、未来业务布局。 、回答投资者关注的问题。 | | 附 件 清 单 （ 如 有） | 投资者调研会议记录 20161227 | | 日期 | 2016 年 12 月 27 日 | ...

西安通源石油科技股份有限公司 投资者接待会记录 西安通源石油科技股份有限公司（以下简称"公司"）于 2016 年 12 月 26 日在北京分公司会议室接待了东兴证券等机构投资者共 3 人。此次接待会由 公司董事会秘书张志坚先生主持，公司在已披露信息范围内就公司经营情况、产 品、技术、服务优势、发展规划等方面与参会者进行了交流，并就投资者提出的 各项问题进行了逐一解答。 此次接待活动记录如下： （一）接待时间：2016 年 12 月 26 日，上午 10:00 （二）接待地点：北京分公司会议室 （三）接待方式：会议交流 （四）参会人员： 公司方面： 张志坚、宋海艳 投资者方面：东兴证券（陈皓）、见龙资产（郜全亮）、华融证券（王泽 军） 主持人： 张志坚 1 记录人：宋海艳 （五）会议记录： 公司向与会投资者在已披露信息范围内，对公司所属行业情况、技术发展历 程、产品、技术特点、市场状况等情况进行了简单介绍，并就投资者提出的问题 进行了解答。记录如下： 1、问：页岩油气在目前油价情形下的发展状况如何？ 答：全球油价中常规油气的比重是比较大的，未来页岩油气的开发不会给 油价带来重大影响，所以页岩油气的开发与油价不是 ...

西安通源石油科技股份有限公司 投资者接待会记录 西安通源石油科技股份有限公司（以下简称"公司"）于 2016 年 12 月 27 日在北京分公司会议室接待了银河证券等机构投资者共 6 人。此次接待会由 公司董事会秘书张志坚先生主持，公司在已披露信息范围内就公司经营情况、产 品、技术、服务优势、发展规划等方面与参会者进行了交流，并就投资者提出的 各项问题进行了逐一解答。 此次接待活动记录如下： （一）接待时间：2016 年 12 月 27 日，上午 10:00 （二）接待地点：北京分公司会议室 （三）接待方式：会议交流 （四）参会人员： 公司方面： 张志坚、宋海艳 | --- | --- | --- | --- | --- | |-------|-------|-------|-------|--------------------------------------------------| | | | | | | | | | | | 投资者方面：太平资产（陈炳华）太平资产（徐建花） | | | | | | 银河证券（王华君）银河证券（刘兰程） | | | | | | 兴业证券（孙佳丽）兴业证券（向元媛） | ...

Financial Performance - The company's revenue for Q3 2022 was CNY 181,711,805.31, representing an increase of 11.30% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was CNY 3,912,483.96, a significant increase of 250.90% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,703,467.94, up by 182.85% compared to the same period last year[4]. - Total operating revenue for the current period is ¥501,701,074.39, a decrease of 4.5% from ¥525,172,826.81 in the previous period[33]. - Net profit for the current period is ¥15,194,690.30, an increase of 3.2% compared to ¥13,751,748.52 in the previous period[34]. - Basic and diluted earnings per share are both ¥0.0298, slightly down from ¥0.0300 in the previous period[35]. Assets and Liabilities - The total assets as of September 30, 2022, were CNY 1,681,148,600.03, reflecting a growth of 1.47% from the end of the previous year[4]. - The company's total liabilities decreased to approximately 556.42 million RMB from 699.02 million RMB, a reduction of about 20.3%[32]. - The equity attributable to the parent company increased to approximately 1.11 billion RMB from 942.97 million RMB, reflecting a growth of about 17.7%[32]. - Current assets totaled approximately 767.12 million RMB, up from 738.58 million RMB at the start of the year, indicating a growth of about 3.6%[30]. Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 1,658,230.07, down by 81.06% compared to the same period last year[4]. - Cash flow from operating activities generated a net amount of ¥1,658,230.07, a significant decrease from ¥8,753,088.09 in the previous period[35]. - The net cash flow from financing activities was 21,135,591.22 CNY, a significant improvement from -8,538,301.90 CNY in the previous period[36]. - The company experienced a decrease in cash and cash equivalents by 2,103,610.16 CNY during the quarter[36]. Expenses - Research and development expenses for the first nine months of 2022 were CNY 6,001,049.42, a decrease of 40.39% compared to the same period in 2021[9]. - Sales expenses decreased to ¥70,918,360.61 from ¥94,022,171.71, a decrease of 24.5%[33]. - The company reported a significant decrease in investment income, which was CNY 597,646.28, down by 97.14% year-on-year[9]. - The company recorded an investment income of ¥597,646.28, a significant drop from ¥20,932,975.17 in the previous period[33]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 39,478[17]. - The top shareholder, Zhang Guoan, holds 12.93% of shares, totaling 70,346,636 shares, with 34,820,000 shares pledged[17]. - The company repurchased 5,350,000 shares, accounting for 0.98% of the total share capital, with a total transaction amount of RMB 25,020,389[25]. Other Financial Activities - The company plans to use up to RMB 50 million of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 4 months[21]. - The company completed a private placement of 31,413,610 A shares, increasing the total share capital from 512,847,789 to 544,261,399 shares[23]. - The company is pursuing a buyback of shares from the original shareholders of a subsidiary, with a total buyback amount of 99.67 million RMB due by October 9, 2022[28]. Legal and Operational Matters - The company plans to stabilize the management team of the subsidiary to mitigate operational impacts following the failure to meet performance commitments[27]. - The company is actively pursuing legal actions to ensure the recovery of the buyback amount from the original shareholders if they fail to comply[28]. Comprehensive Income - The company reported a total comprehensive income of ¥64,001,240.81, compared to ¥789,006.86 in the previous period[35]. - Other comprehensive income after tax for the current period is ¥48,806,550.51, compared to a loss of ¥12,962,741.66 in the previous period[34].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥319,989,269.08, a decrease of 11.58% compared to ¥361,913,208.90 in the same period last year[22]. - The net profit attributable to shareholders was ¥12,100,768.69, down 32.70% from ¥17,981,061.55 in the previous year[22]. - The net profit after deducting non-recurring gains and losses increased significantly by 580.77% to ¥9,447,389.57 from ¥1,387,744.24[22]. - The net cash flow from operating activities was ¥5,914,443.04, a decline of 79.21% compared to ¥28,443,373.94 in the same period last year[22]. - Basic earnings per share decreased by 35.14% to ¥0.0227 from ¥0.0350 in the same period last year[22]. - The diluted earnings per share also fell by 35.33% to ¥0.0227 from ¥0.0351[22]. - The weighted average return on net assets was 1.24%, down from 1.96% in the previous year[22]. - The company achieved operating revenue of 319.99 million yuan, a year-on-year decrease of 11.58%[54]. - The net profit attributable to the parent company was 12.10 million yuan, down 32.70% year-on-year, while the net profit after deducting non-recurring gains and losses increased by 580.77% to 9.45 million yuan[54]. - Domestic business revenue for the first half of 2022 was 96.52 million yuan, a decline of 16.66% year-on-year, but the business has been operating at full capacity since Q3[55]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,741,569,716.32, reflecting a growth of 5.12% from ¥1,656,718,479.97 at the end of the previous year[22]. - The net assets attributable to shareholders increased by 14.23% to ¥1,077,117,209.31 from ¥942,972,232.98 at the end of the previous year[22]. - The company's total liabilities decreased to CNY 648,992,198.56 from CNY 699,021,353.75, a decline of approximately 7.2%[185]. - The equity attributable to shareholders increased to CNY 1,077,117,209.31 from CNY 942,972,232.98, representing a growth of about 14.2%[185]. Cash Flow - The company reported a net cash inflow from financing activities of ¥124,288,083.42, a substantial increase of 760.03%, mainly due to funds raised from a private placement of shares[63]. - Cash and cash equivalents increased by 119.80% to ¥110,678,513.78, driven by the funds raised from the private placement[63]. - The company's cash flow from operating activities saw a significant decline of 79.21% to ¥5,914,443.04, mainly due to a decrease in cash received from sales[63]. - Cash inflow from financing activities increased to CNY 175,999,990.20, up 46% from CNY 120,725,198.96 in the first half of 2021[199]. - The total cash and cash equivalents at the end of the period reached CNY 207,962,044.15, compared to CNY 98,878,882.68 at the end of the first half of 2021, marking an increase of 110%[199]. Market and Industry Outlook - Global oil demand is expected to grow by 3.1 million barrels per day in 2022, reaching a total demand of 100.03 million barrels per day, driven by recovering economic activities[32]. - As of June 2022, U.S. crude oil production reached 12.1 million barrels per day, with shale oil accounting for approximately 72% of total production, highlighting the shift towards unconventional oil and gas development[33]. - In the first half of 2022, China's crude oil production was 103 million tons, a year-on-year increase of 4.0%, while natural gas production reached 109.6 billion cubic meters, up 4.9%[35]. - China's crude oil import dependency stood at 71% in 2022, with imports totaling 253 million tons, indicating a high reliance on foreign oil supplies[35]. - The "14th Five-Year Plan" aims for stable oil production at 200 million tons and rapid natural gas production growth to over 230 billion cubic meters by 2025[36]. - The company is positioned to benefit from the growing demand for oil and gas services as unconventional oil and gas exploration accelerates in China[34]. Research and Development - The company holds 142 patents, including 15 international invention patents and 43 domestic invention patents, which support continuous growth and technological advancement in the industry[53]. - The company has successfully introduced the US core technology of pumped perforation into the domestic market, achieving international leading levels in shale oil and gas development[53]. - Research and development expenses decreased by 22.90% to ¥4,402,392.68, indicating a reduction in investment in new technologies[63]. - The company has established a core technology system around composite perforation, including optimization design software and testing technology, ensuring a comprehensive solution for product sales and service[42]. Corporate Governance and Social Responsibility - The company has established a sound corporate governance structure, ensuring clear responsibilities and coordination among the shareholders, board of directors, supervisory board, and management[116]. - The company emphasizes shareholder rights protection by providing timely and accurate information disclosure, enhancing transparency and trust with investors[114]. - The company has actively participated in social responsibility initiatives, including community support during the pandemic and contributions to rural revitalization projects[118]. - The company has strengthened tax compliance and risk management, emphasizing lawful operations as a fundamental principle of its business[116]. Risks and Challenges - The company faces risks from ongoing COVID-19 pandemic uncertainties, which could severely impact the oil industry and overall economic conditions[96]. - Oil price volatility poses a risk to exploration and development investment plans, potentially reducing demand for the company's products and services[97]. - Increased competition from major domestic competitors could lead to a loss of market share if the company fails to innovate and improve service quality[98]. - The company is expanding into clean energy and CCUS businesses, which are still in the early stages and face implementation uncertainties[103].

通源石油科技集团股份有限公司 2022 年第一季度报告全文 证券代码：300164 证券简称：通源石油 公告编号：2022-043 通源石油科技集团股份有限公司 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内容的真实、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。 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） | 139,760,011.96 | 184,677,114.70 | -24.32% | | 归属于上市公司股东的净利润（元） | 1,782,662.17 | 6,3 ...

Financial Performance - The company's operating revenue for 2021 was ¥747,400,430.78, representing an increase of 18.32% compared to ¥631,696,370.92 in 2020[22]. - The net profit attributable to shareholders for 2021 was ¥14,585,027.55, a significant turnaround from a loss of ¥1,052,843,408.42 in 2020, marking a 101.39% improvement[22]. - The net cash flow from operating activities reached ¥81,445,688.82, a remarkable increase of 1,939.89% from ¥3,992,645.31 in the previous year[22]. - The total assets at the end of 2021 were ¥1,656,718,479.97, a decrease of 3.25% from ¥1,712,307,746.05 at the end of 2020[22]. - The net assets attributable to shareholders increased by 3.18% to ¥942,972,232.98 from ¥913,903,643.92 in 2020[22]. - The basic earnings per share for 2021 were ¥0.03, compared to a loss of ¥2.07 per share in 2020, reflecting a 101.45% improvement[22]. - The weighted average return on equity was 1.57% in 2021, a significant recovery from -72.64% in 2020, indicating a 74.21% increase[22]. - The company reported a net profit after deducting non-recurring gains and losses of -¥30,422,014.92 for 2021, an improvement of 97.14% from -¥1,062,903,066.91 in 2020[22]. - The company reported a total revenue of 78.99 million in 2021, showing a significant increase compared to the previous year[141]. - The company reported a total revenue of 588.89 million in the fiscal year 2021[148]. Cash Flow and Investments - The net cash flow from investment activities improved by 99.37%, primarily due to a 72.14% reduction in cash outflow related to previous equity acquisitions[88]. - The net cash flow from financing activities decreased by 170.27%, attributed to a 75.96% decline in cash inflow from financing activities, as no new equity was raised during the period[88]. - The company reported an investment income of ¥11,110,736.16, accounting for 94.19% of the total profit, primarily from the sale of its US subsidiary APIH[90]. - The company reported a significant increase in cash and cash equivalents, with a net increase of approximately ¥48.76 million, reversing a previous year's decline[87]. - The company’s operating cash inflow increased by 14.62% to approximately ¥810.52 million in 2021, driven by a 13.67% increase in cash received from sales[87]. Market and Industry Trends - The average price of Brent crude oil in 2021 was $70.91 per barrel, a year-on-year increase of 69.7%[34]. - The average price of WTI crude oil in 2021 was $68.12 per barrel, reflecting a year-on-year increase of 73.4%[34]. - The company anticipates that global oil and gas demand will fully recover from the pandemic by 2023, with continued growth expected until 2035[34]. - The oil service industry is expected to benefit from rising oil prices, which have recently surpassed $100 per barrel, encouraging increased investment in exploration and development[43]. - The global demand for natural gas is projected to increase by one-third by 2050 compared to 2018 levels, indicating significant growth potential in the market[40]. Strategic Focus and Development - The company is focusing on the development of unconventional oil and gas resources, which are expected to become a key strategic replacement in the industry[35]. - The company aims to expand its market presence in unconventional oil and gas development, particularly in shale oil and gas sectors[39]. - The company plans to enter the clean energy sector in response to national methane reduction requirements, establishing a joint venture in Sichuan[60]. - The company is focusing on the development of tight oil and gas wells, with a strategy to enhance industrial output through segmented hydraulic fracturing techniques[86]. - The company is committed to building a flexible compensation management system linked to performance assessments to enhance talent development[115]. Research and Development - The company has developed leading technologies in perforation, directional drilling, and hydraulic fracturing, enhancing its competitive edge in the oil and gas service industry[44][45]. - The company is actively involved in research and development to improve its technological capabilities in the oil and gas sector[141]. - The company will increase R&D investment to innovate service equipment and processes, aiming for automation and localization of tools[111]. - The company has established a comprehensive training system, focusing on enhancing the skills of technical personnel and providing various training programs for different roles[160]. Governance and Compliance - The company has established a sound corporate governance structure, ensuring clear responsibilities and coordination among shareholders, the board of directors, the supervisory board, and management[172]. - The company emphasizes timely and accurate information disclosure to enhance transparency and investor communication, adhering to relevant laws and regulations[172]. - The company maintained a high attendance rate at board meetings, with most directors participating either in person or via communication[151]. - The company has independent financial management, adhering to accounting standards and maintaining its own bank accounts[135]. - The company has a structured approach to governance, with specialized committees overseeing key areas such as audit and risk management[154]. Risks and Challenges - The company has acknowledged uncertainties regarding its ability to continue as a going concern, as indicated in the audit report[22]. - The company faces goodwill impairment risks from its acquisitions, and is focusing on synergistic development and management of acquired companies to enhance profitability[123]. - The company is focused on mitigating risks from the ongoing COVID-19 pandemic by prioritizing domestic unconventional oil and gas development and ensuring cash flow safety[117]. - The company is enhancing management and financial controls for its overseas operations, particularly for The Wireline Group in the U.S., to mitigate geopolitical and operational risks[120]. Employee and Organizational Structure - The total number of employees at the end of the reporting period is 558, with 287 in the parent company and 271 in major subsidiaries[157]. - The professional composition includes 297 production personnel, 57 sales personnel, 78 technical personnel, 20 financial personnel, 44 administrative personnel, 40 management personnel, and 22 others[157]. - The company has a structured compensation program for senior management based on performance metrics tied to annual business plans[145]. - Employee welfare is prioritized through a comprehensive compensation assessment system and ongoing training programs to improve skills and performance[173].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 163,259,617.91, an increase of 18.99% compared to the same period last year[3] - The net profit attributable to shareholders was CNY -2,592,712.70, a decrease of 95.68% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -3,263,140.88, a decrease of 94.68% compared to the previous year[3] - The net profit for Q3 2021 was ¥13,751,748.52, a significant recovery from a net loss of ¥137,890,622.00 in the same period last year[26] - Operating profit for Q3 2021 was ¥13,397,606.67, compared to an operating loss of ¥168,430,046.99 in Q3 2020[26] - Total revenue from operating activities was ¥494,761,817.00, slightly down from ¥529,452,860.21 in the previous year[29] - The total comprehensive income for Q3 2021 was ¥789,006.86, recovering from a loss of ¥165,418,525.73 in the previous year[27] - Basic earnings per share for Q3 2021 were ¥0.0300, compared to a loss per share of ¥0.2531 in Q3 2020[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,641,718,794.63, a decrease of 4.12% from the end of the previous year[4] - Cash and cash equivalents as of September 30, 2021, were CNY 84,534,471.86, down from CNY 89,091,063.53 at the end of 2020, a decrease of 6.0%[21] - Accounts receivable decreased to CNY 340,191,501.31 from CNY 376,486,865.31, a decline of about 9.6%[21] - Inventory increased to CNY 164,224,708.33 from CNY 157,561,008.94, an increase of approximately 4.2%[21] - Total liabilities decreased to CNY 686,412,492.79 from CNY 749,631,398.49, a reduction of approximately 8.4%[23] - The company's total equity as of September 30, 2021, was CNY 955,306,301.84, slightly down from CNY 962,676,347.56 at the end of 2020[23] - The company incurred research and development expenses of ¥10,066,655.63 in Q3 2021, down from ¥18,285,841.00 in the same period last year[26] - The company has a short-term loan liability of 174,216,840.72 and accounts payable of 225,118,569.85, indicating significant short-term financial obligations[34] Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 8,753,088.09, an increase of 125.57%[3] - The company reported a net cash flow from operating activities of ¥8,753,088.09, a turnaround from a negative cash flow of ¥34,237,333.35 in the same quarter last year[29] - Investment activities generated a net cash flow of ¥37,447,693.44, compared to a negative cash flow of ¥148,765,952.58 in Q3 2020[29] - Cash received from other operating activities increased by 94.86% year-on-year, mainly due to an increase in government subsidies[13] - Cash received from the disposal of subsidiaries and other business units increased by 100% year-on-year, due to proceeds from the disposal of equity in an overseas subsidiary[13] - Cash received from other investment activities rose by 123.48% year-on-year, mainly from the maturity of fixed-term bank deposits[13] - Cash paid for various taxes decreased by 92.04% year-on-year, attributed to a reduction in corporate income tax and turnover tax payments[13] - Cash paid for dividends, profits, or interest decreased by 80.56% year-on-year, as no dividends were distributed in the current period[13] Financial Management - The company's financial expenses decreased by 94.39% to CNY 1,664,937.32 compared to the same period last year[11] - The company’s financial expenses decreased significantly to ¥1,664,937.32 from ¥29,680,264.95 in Q3 2020, indicating improved financial management[26] - The company has implemented the new leasing standards effective January 1, 2021, resulting in adjustments to the financial statements[36] Future Outlook - The company plans to continue focusing on high-quality development and market expansion strategies in the upcoming quarters[20] - The report indicates ongoing efforts in new product development and technology innovation to enhance competitive advantage[20] - The company has not disclosed any new product developments or market expansion strategies in the current report[37] Miscellaneous - The third-quarter report for 2021 was not audited, indicating that the figures may be subject to change upon final audit[36] - The impact of exchange rate changes on cash and cash equivalents increased by 90.56% year-on-year, due to fluctuations in foreign currency exchange rates[13] - The company's long-term receivables increased by 5842.97% to CNY 106,637,485.00 compared to the beginning of the year[9] - The investment income increased by 5424.99% to CNY 20,932,975.17 compared to the previous year[11] - The company reported a significant increase in interest receivables by 907.75% to CNY 1,904,375.33 compared to the beginning of the year[9]