证券代码：300193 证券简称：佳士科技 公告编号：2022-027 一、主要财务数据 (一)主要会计数据和财务指标 深圳市佳士科技股份有限公司 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.公司负责人潘磊先生、主管会计工作负责人夏如意先生及会计机构负责人(会计主管人员)罗怀花女 士声明：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 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） | 340,180,758.42 | 303,596,900.73 | 12.05% | | 归属于上市公司股东的净利润（元） | 48,442,140.30 | 56,669,853 ...

Financial Performance - The company's operating revenue for 2021 was ¥1,249,347,145.27, representing a 22.45% increase compared to ¥1,020,262,386.15 in 2020[21] - The net profit attributable to shareholders for 2021 was ¥200,473,971.95, up 23.33% from ¥162,547,422.34 in the previous year[21] - The net profit after deducting non-recurring gains and losses was ¥162,703,500.11, reflecting a 24.48% increase from ¥130,709,714.04 in 2020[21] - The basic earnings per share for 2021 was ¥0.41, a 20.59% increase from ¥0.34 in 2020[21] - The total assets at the end of 2021 amounted to ¥2,788,307,906.20, a 3.40% increase from ¥2,696,683,208.82 at the end of 2020[21] - The net assets attributable to shareholders at the end of 2021 were ¥2,255,289,106.98, showing a slight increase of 0.07% from ¥2,253,599,555.96 in 2020[21] - The weighted average return on net assets for 2021 was 9.32%, an increase of 2.00% from 7.32% in 2020[21] - The total revenue for the reporting period was CNY 1,249,347,145.27, representing a year-on-year increase of 22.45%[38] - The net profit attributable to shareholders was CNY 200,473,971.95, reflecting a growth of 23.33% compared to the previous year[38] - The company reported a total profit of CNY 226,964,100.10, which is a 20.34% increase from the previous year[38] Sales and Market Performance - Domestic sales revenue reached CNY 633,966,083.04, up 18.85% year-on-year, while international sales revenue was CNY 592,055,711.56, an increase of 27.06%[38] - The industrial segment accounted for 98.13% of total revenue, with sales amounting to ¥1,226,021,794.60, up 22.68% from ¥999,387,704.79 in the previous year[50] - Export sales increased by 27.06% to ¥592,055,711.56, while domestic sales rose by 18.85% to ¥633,966,083.04[50] - The company sold 1,133,160 units in 2021, marking a 23.80% increase from 915,320 units in 2020[53] - The production volume for the year was 1,200,054 units, up 24.44% from 964,341 units in 2020[53] Cash Flow and Investment - The net cash flow from operating activities decreased significantly by 68.73% to ¥73,267,845.11 from ¥234,269,899.82 in the previous year[21] - The total cash inflow from investment activities surged by 652.63% to ¥366,017,200.01, mainly due to an increase in the redemption of financial products[63][64] - The total amount of direct materials used in 2021 was ¥778,973,866.91, which constituted 89.36% of the total operating costs, reflecting a year-on-year increase of 28.20%[55] - The company’s total cash and cash equivalents increased by 145.32% to ¥74,227,939.00 in 2021[63][64] Research and Development - The company has maintained a leading position in the domestic welding equipment manufacturing sector, with strong R&D and innovation capabilities[34] - The company’s R&D expenses for 2021 were ¥69,167,322.26, representing 5.54% of total revenue, an increase of 17.11% compared to 2020[58][60] - The number of R&D personnel increased by 9.88% to 178, although their proportion of total employees decreased slightly to 12.98%[60] - The technology center is committed to investing in new product development and technological innovation, ensuring key projects are completed on schedule[83] Corporate Governance and Management - The company has a complete governance structure with independent boards and management, ensuring no interference from controlling shareholders[106] - The company maintains complete independence from its controlling shareholder, ensuring no reliance on them for business, personnel, assets, or financial matters[106] - The company has established a comprehensive investor relations management system to maintain good interactions with investors and uphold a standardized image in the capital market[104] - The company has a current board of directors consisting of 7 members, including 3 independent directors[112] - The company has undergone a board restructuring, with new independent directors elected on February 22, 2022, to enhance governance[116] Risk Management - The company faces risks including rising procurement costs, international sales risks, exchange rate risks, and capital management risks[4] - The company is exposed to international sales risks due to increasing political and trade conflicts, with a significant portion of its business reliant on exports[86] - The company is implementing measures to mitigate foreign exchange risks, particularly with USD settlements, by monitoring exchange rates and using appropriate hedging tools[87] - The supply chain center is enhancing risk management for commodity prices and increasing local sourcing to control procurement costs[83] Social Responsibility and Environmental Compliance - The company actively engages in social responsibility initiatives, including disaster relief efforts during natural disasters[167] - The company has established an environmental management system compliant with ISO 14001:2015 standards and has obtained certification from SGS[161] - The company has implemented measures to treat waste gas and wastewater, ensuring compliance with local environmental standards[159] - The company conducts regular environmental monitoring through qualified third-party agencies to ensure compliance with pollution discharge regulations[162] Employee Relations and Compensation - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 4.3225 million yuan[120] - The company has implemented a performance-based flexible salary system linked to its performance management system[136] - A restricted stock incentive plan and employee stock ownership plan were executed to motivate the core team and ensure steady performance improvement[136] - The company established the Jiasi Academy in June 2018 to provide systematic training for employees, enhancing their skills and professional development[137] Future Outlook and Strategic Initiatives - The company provided a positive outlook for 2022, projecting a revenue growth of 25% based on anticipated market expansion and new product launches[175] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[175] - A strategic acquisition of a local competitor is in progress, which is expected to increase the company's market share by 5% and enhance its product offerings[174] - The management team has set a goal to reduce operational costs by 15% through improved efficiency measures in 2022[174]

Financial Performance - The company's revenue for Q3 2021 was CNY 316,166,142.60, representing a 0.21% increase year-over-year, while the year-to-date revenue reached CNY 987,515,357.60, up 35.73% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2021 was CNY 61,509,138.53, a 34.76% increase year-over-year, with a year-to-date net profit of CNY 184,495,904.60, reflecting a 32.11% increase[5]. - The basic earnings per share for Q3 2021 was CNY 0.13, up 44.44% year-over-year, and the diluted earnings per share was also CNY 0.13, with a year-to-date figure of CNY 0.38, an increase of 31.03%[6]. - Total operating revenue for the current period reached ¥987,515,357.60, an increase from ¥727,548,434.41 in the previous period, representing a growth of approximately 35.7%[29]. - Net profit for the current period was ¥184,997,646.88, compared to ¥141,691,489.47 in the previous period, reflecting an increase of approximately 30.5%[31]. - Earnings per share (EPS) for the current period was ¥0.38, up from ¥0.29 in the previous period, marking a growth of 31%[31]. - The company reported a total comprehensive income of ¥183,998,692.33 for the current period, compared to ¥142,019,007.41 in the previous period, representing an increase of approximately 29.5%[31]. Assets and Liabilities - Total assets as of September 30, 2021, were CNY 2,737,532,235.10, a 1.51% increase from the end of the previous year[6]. - Total assets increased to ¥2,737,532,235.10 from ¥2,696,683,208.82, showing a growth of about 1.5%[27]. - Total liabilities rose to ¥504,417,783.12 from ¥438,318,491.89, indicating an increase of approximately 15.1%[27]. - The company's total equity attributable to shareholders decreased by 1.14% from the end of the previous year, amounting to CNY 2,228,005,010.82[6]. - The company's equity attributable to shareholders decreased to ¥2,228,005,010.82 from ¥2,253,599,555.96, a decline of about 1.1%[27]. Cash Flow - The company's cash flow from operating activities for the year-to-date period was CNY 37,482,780.95, down 73.27% compared to the same period last year[13]. - Operating cash inflow for the current period was $956.15 million, up from $775.56 million in the previous period, representing a 23.3% increase[34]. - Net cash flow from operating activities decreased to $37.48 million from $140.20 million, a decline of 73.3%[34]. - Cash outflow from investing activities totaled $311.92 million, compared to $224.11 million in the previous period, indicating an increase of 39.1%[35]. - Net cash flow from investing activities was -$285.02 million, worsening from -$205.34 million in the prior period[35]. - Cash received from sales of goods and services increased to $839.90 million from $712.91 million, a growth of 17.8%[34]. - Cash received from tax refunds rose to $37.80 million from $13.81 million, an increase of 173.5%[34]. - The ending cash and cash equivalents balance was $775.94 million, down from $1.10 billion, a decrease of 29.7%[35]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,647[16]. - The top shareholder, Pan Lei, holds 14.06% of shares, totaling 67,878,339 shares[16]. - Shareholder Xu Aiping reduced her holdings by 9,560,000 shares, accounting for 1.98% of the total share capital[21]. Inventory and Receivables - Accounts receivable increased by 92.02% year-over-year, reaching CNY 237,753,424.97, primarily due to increased sales and deferred payments from some distributors[11]. - Inventory rose by 58.09% year-over-year to CNY 269,430,249.18, driven by increased sales and raw material stocking[11]. - Accounts receivable increased to 237,753,424.97 RMB from 123,816,670.13 RMB, representing a growth of approximately 91.9% year-over-year[25]. - Inventory rose to 269,430,249.18 RMB, compared to 170,427,913.80 RMB, marking an increase of about 58.0%[25]. Investments and Subsidiaries - The company established a wholly-owned subsidiary, Huizhou Yiwo Technology Co., Ltd., with an investment of 100 million RMB[20]. - The company’s long-term equity investment remains stable at approximately 13,957,878.42 RMB[25]. Research and Development - Research and development expenses for the current period were ¥47,629,570.73, compared to ¥40,121,602.25 in the previous period, reflecting an increase of approximately 18.6%[30].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 671,349,215, representing a 62.94% increase compared to CNY 412,032,719 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2021 was CNY 122,986,766, up 30.81% from CNY 94,016,550 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 100,559,677, reflecting a 28.84% increase from CNY 78,051,777 in the same period last year[21]. - The basic earnings per share increased to CNY 0.26, a 30.00% rise from CNY 0.20 in the previous year[21]. - The diluted earnings per share rose to CNY 0.25, marking a 25.00% increase from CNY 0.20 in the same period last year[21]. - Operating profit was CNY 141,844,626.08, reflecting a year-on-year growth of 23.27%, while net profit attributable to shareholders reached CNY 122,986,766.07, up 30.81%[34]. - The company reported a total comprehensive income of CNY 122.92 million for the first half of 2021, compared to CNY 94.65 million in the previous year, marking a growth of 29.9%[155]. - The total profit for the first half of 2021 was CNY 141.93 million, up from CNY 110.38 million in the same period of 2020, reflecting a growth of 28.7%[155]. Cash Flow and Assets - The net cash flow from operating activities was CNY 60,074,090, down 11.80% from CNY 68,109,372 in the previous year[21]. - As of the end of the reporting period, cash and cash equivalents decreased by 9.24% to CNY 1,006,436,768.45, accounting for 37.36% of total assets, primarily due to cash dividends and investment in financial products[56]. - The net cash flow from operating activities decreased by 11.80% to ¥60,074,089, primarily due to changes in operating revenue affecting cash flow[50]. - The company reported a total cash inflow from operating activities of CNY 503,092,325.44, up 28.3% from CNY 392,266,691.73 year-on-year[165]. - The net cash flow from investment activities was -CNY 72,355,519.06, an improvement from -CNY 250,079,737.55 in the first half of 2020[166]. - Cash and cash equivalents at the end of the period stood at CNY 961,050,905.22, down from CNY 977,289,808.91 at the end of the first half of 2020[166]. Investments and R&D - The company’s R&D investment amounted to ¥31,892,695, which is 18.93% higher than the ¥26,815,410 from the previous year, accounting for approximately 6% of total revenue over the past three years[50][42]. - Research and development expenses were CNY 31,892,695.49, representing a 19.4% increase from CNY 26,815,410.08 in the first half of 2020[154]. - The company is actively pursuing intellectual property applications to protect its R&D achievements[37]. - The company launched the new JET20 digital welding machine series, which received positive market feedback and contributed to increased sales[30]. Market and Sales - Domestic sales reached CNY 361,874,114.33, growing by 61.94%, while export sales amounted to CNY 298,277,855.84, increasing by 66.72%[30]. - The company's marketing network spans globally, allowing for rapid market penetration and responsiveness to customer needs[46]. - The company is focusing on low-risk, high-liquidity short-term financial products to mitigate interest rate fluctuation risks[76]. - The company is actively developing sales in stable regions to compensate for potential losses in international markets[77]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares during this reporting period[4]. - The total equity attributable to the parent company at the end of the period is CNY 478,448,864.00, a decrease from CNY 506,901,310.00 at the beginning of the year, representing a decline of approximately 5.5%[174]. - The company distributed dividends totaling CNY 239,224,432.00 during the period[172]. - The registered capital of the company is CNY 478,448,864.00, with a total of 478,448,864 shares issued[189]. Operational Challenges - The company is facing risks from rising operating costs due to abnormal supply-demand relationships in raw materials and irrational fluctuations in overseas transportation costs[73]. - The company faces exchange rate risks due to overseas sales primarily settled in USD, with potential pressure from the appreciation of RMB against USD, leading to increased foreign exchange losses[75]. - International sales are at risk due to ongoing pandemic control measures, geopolitical risks, and trade frictions, with the company analyzing market conditions to mitigate adverse impacts[77]. Environmental and Social Responsibility - The company has established an environmental management system compliant with ISO14001:2015 standards and has received certification from SGS[91]. - The company has implemented measures to manage waste, including the collection and treatment of solid waste and wastewater, ensuring compliance with local environmental standards[90]. - The company actively participated in pandemic prevention efforts and contributed to disaster relief by donating supplies to areas affected by natural disasters[97]. Corporate Governance - The financial statements were approved for release by the board of directors on July 29, 2021[191]. - The company operates under the assumption of going concern, with no significant doubts regarding its ability to continue operations for the next 12 months[194]. - The company has not reported any significant matters related to subsidiaries during this period[124].

Financial Performance - The company's revenue for Q1 2021 was CNY 303,596,900.73, representing a 114.59% increase compared to CNY 141,479,478.04 in the same period last year[8]. - Net profit attributable to shareholders was CNY 56,669,853.04, up 97.44% from CNY 28,702,752.11 year-on-year[8]. - The company achieved total operating revenue of CNY 303,596,900.73, a year-on-year increase of 114.59%[22]. - Operating profit reached CNY 66,195,368.52, up 73.09% compared to the same period last year[22]. - The net profit for Q1 2021 reached CNY 56,496,042, compared to CNY 28,569,576 in Q1 2020, marking an increase of 97.8%[44]. - The operating profit for the quarter was CNY 66,195,369, up from CNY 38,243,379 in the previous year, reflecting a growth of 73.3%[43]. - The company recorded a total profit of CNY 66,405,666 for the quarter, compared to CNY 33,653,738 in the same period last year, an increase of 97.4%[43]. Cash Flow - The net cash flow from operating activities reached CNY 35,397,574.30, a significant improvement of 367.73% compared to a negative cash flow of CNY 13,221,474.71 in the previous year[8]. - The net cash flow from operating activities for Q1 2021 was ¥35,397,574.30, a significant improvement compared to a net outflow of ¥13,221,474.71 in Q1 2020, indicating a turnaround in operational efficiency[50]. - Total cash inflow from operating activities was ¥278,799,187.32, up from ¥170,757,745.20 in the previous year, reflecting a growth of approximately 63.4%[50]. - The cash inflow from operating activities for the parent company was ¥234,292,056.31, an increase from ¥145,139,141.46 year-over-year, marking a growth of about 61.4%[52]. - The net cash flow from investment activities was -¥110,254,621.28, an improvement from -¥181,349,197.34 in the same period last year, showing a reduced cash burn in investments[50]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,792,221,990.72, reflecting a 3.54% increase from CNY 2,696,683,208.82 at the end of the previous year[8]. - The total assets of the company as of March 31, 2021, amounted to CNY 2,878,728,510.89, compared to CNY 2,790,658,991.62 at the end of 2020, indicating an increase of about 3.15%[40]. - The total liabilities increased to CNY 462,020,676.75 from CNY 438,634,428.02, reflecting a rise of approximately 5.3%[40]. - The company's total equity as of March 31, 2021, was CNY 2,416,707,834.14, up from CNY 2,352,024,563.60, marking an increase of around 2.75%[40]. - The cash and cash equivalents decreased to CNY 1,134,312,193.87 from CNY 1,220,644,870.48, a decline of about 7.1%[37]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,980[12]. - The top shareholder, Pan Lei, holds 13.15% of the shares, totaling 66,678,339 shares[12]. Operational Efficiency - Basic earnings per share increased to CNY 0.12, doubling from CNY 0.06 in the same quarter last year[8]. - The weighted average return on equity improved to 2.48%, up from 1.22% in the same period last year[8]. - The cash outflow for purchasing goods and services increased to ¥185,842,599.30 from ¥146,281,057.01, representing a rise of about 27.1%[50]. - The total operating costs for the quarter were CNY 250,296,850, compared to CNY 114,023,289 in the previous year, representing a growth of 119.0%[43]. Government Support - The company received government subsidies amounting to CNY 8,814,140.00, primarily related to business operations[9]. - The company reported a significant increase in other income, which rose by 136.89% to CNY 9,596,988.74, attributed to increased government subsidies[19]. Risks and Challenges - The company faced risks from ongoing pandemic impacts, commodity price fluctuations, and currency exchange rate volatility[24].

Financial Performance - The company's operating revenue for 2020 was CNY 1,020,262,386.15, representing a 5.67% increase compared to CNY 965,557,154.57 in 2019[15] - The net profit attributable to shareholders for 2020 was CNY 162,547,422.34, a decrease of 21.73% from CNY 207,669,714.14 in the previous year[15] - The net profit after deducting non-recurring gains and losses was CNY 130,709,714.04, down 24.20% from CNY 172,438,518.19 in 2019[15] - The net cash flow from operating activities increased by 7.90% to CNY 234,269,899.82, compared to CNY 217,116,538.49 in 2019[15] - The total assets at the end of 2020 were CNY 2,696,683,208.82, a decrease of 2.51% from CNY 2,766,172,039.67 at the end of 2019[15] - The net assets attributable to shareholders decreased by 3.74% to CNY 2,253,599,555.96 from CNY 2,341,063,352.38 in 2019[15] - The basic earnings per share for 2020 was CNY 0.34, down 20.93% from CNY 0.43 in 2019[15] - The diluted earnings per share for 2020 was CNY 0.33, a decrease of 23.26% compared to CNY 0.43 in the previous year[15] - The weighted average return on equity for 2020 was 7.32%, down from 8.75% in 2019[15] - The operating profit for the period was CNY 192,372,599.64, a decline of 21.72% compared to the previous year[29] - The company’s total profit was CNY 188,598,663.38, down 23.34% year-on-year[29] Revenue Breakdown - Domestic sales revenue reached CNY 533,409,154.86, up 3.95%, while international sales revenue was CNY 465,978,549.93, an increase of 7.51%[30] - The industrial segment accounted for 97.95% of total revenue, with sales of inverter welding machines and accessories contributing ¥999,387,704.79, reflecting a growth of 5.58%[49] Cash Dividends - The company plans to distribute a cash dividend of CNY 5.00 per 10 shares to all shareholders, based on a total of 478,448,864 shares[3] - The profit distribution plan for 2020 proposes a cash dividend of 5.00 CNY per 10 shares, totaling 239,224,432.00 CNY, subject to shareholder approval[101] - In 2020, the cash dividend amounted to 239,224,432.00 CNY, representing 147.17% of the net profit attributable to ordinary shareholders[103] - The cash dividend for 2019 was 237,356,229.50 CNY, which accounted for 114.30% of the net profit attributable to ordinary shareholders[103] - The cash dividend for 2018 was 99,996,700.80 CNY, representing 52.41% of the net profit attributable to ordinary shareholders[103] Investments and Acquisitions - The company has made strategic investments, including the establishment of a wholly-owned subsidiary for e-commerce and the acquisition of minority stakes in companies to enhance its competitive edge in the market[46] - The acquisition of 49% equity in Shougu Technology for CNY 67,413,812.33 was completed, making it a wholly-owned subsidiary, with an investment income of CNY 11,724,763.73 for the period[74] Research and Development - The company has established product R&D centers both domestically and internationally, enhancing its technological capabilities and patent applications to protect R&D outcomes[34] - Research and development expenses amounted to 59,060,886.29 CNY, representing 5.79% of operating revenue, a slight decrease from 6.11% in 2019[60] - The company will continue to invest in R&D, ensuring key projects are completed on schedule and fostering a culture of innovation within its technical teams[86] Operational Efficiency - The company has implemented lean production practices and optimized manufacturing processes, leading to increased production efficiency and reduced labor costs[44] - The company plans to improve production efficiency through lean manufacturing and process optimization, while also addressing labor stability and safety in the production environment[86] Social Responsibility - The company actively participated in social responsibility initiatives, including donations and support for local agriculture during the pandemic[138] - The company donated 5 million RMB for COVID-19 pandemic prevention efforts[143] Governance and Compliance - The company has established independent financial accounting departments and management systems to ensure financial independence[105] - The company has committed to avoiding any business that competes with its main operations, ensuring compliance with relevant regulations[104] - The company has pledged to strictly adhere to the decision-making procedures for related party transactions[104] - The company has maintained a consistent dividend policy over the past three years, with cash dividends of 2.00 CNY and 5.00 CNY per 10 shares in 2018 and 2019, respectively[100] Employee Management - The company has a total of 951 employees, with 568 in production, 106 in sales, 130 in technical roles, and 81 in administrative positions[183] - The company has established a performance management system linked to a flexible compensation system to ensure employee interests are protected[185] - The company has set up the Jia Shi Academy for systematic training, covering management, technical engineering, and marketing[186] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,732, with 24,464 shareholders as of the end of January[154] - The largest shareholder, Pan Lei, holds 13.15% of the shares, totaling 66,678,339 shares, with an increase of 5,000,000 shares during the reporting period[154] - The company has no controlling shareholder, as no single shareholder holds more than 30% of the total shares[156] Risk Factors - The company faces risks from rising raw material prices due to the pandemic and commodity price fluctuations, which could impact profit margins[89] - The company has a significant exposure to foreign exchange risks, particularly with a high proportion of sales in USD, which could affect profitability if the RMB appreciates[90]

深圳市佳士科技股份有限公司 2020 年第三季度报告 深圳市佳士科技股份有限公司 2020 年第三季度报告 2020 年 10 月 1 深圳市佳士科技股份有限公司 2020 年第三季度报告 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚 假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 第一节 重要提示 所有董事均已出席了审议本次季报的董事会会议。 公司负责人潘磊、主管会计工作负责人夏如意及会计机构负责人(会计主管人员)齐湘波声明：保证季 度报告中财务报表的真实、准确、完整。 2 深圳市佳士科技股份有限公司 2020 年第三季度报告 第二节 公司基本情况 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 2,631,858,253.21 | | 2,766,172,039.67 | -4.86% | | 归属于上市公司股东的净资产（元） | 2,221,912,35 ...

Financial Performance - The company's operating revenue for the first half of 2020 was approximately ¥412.03 million, a decrease of 12.98% compared to ¥473.49 million in the same period last year[20]. - The net profit attributable to shareholders was approximately ¥94.02 million, down 11.24% from ¥105.92 million in the previous year[20]. - The net profit after deducting non-recurring gains and losses was approximately ¥78.05 million, a slight decrease of 2.08% compared to ¥79.71 million last year[20]. - The net cash flow from operating activities was approximately ¥68.11 million, down 6.84% from ¥73.11 million in the same period last year[20]. - The total operating revenue for the reporting period was CNY 412,032,719.68, representing a decline of 12.98% compared to the previous year[54]. - The operating profit was CNY 115,065,630.25, reflecting a decline of 9.56% from the previous year[46]. - The company reported a total profit of CNY 110,381,602.86 for the first half of 2020, down from CNY 127,342,995.47 in the previous year, a decrease of 13.36%[152]. - The total comprehensive income for the first half of 2020 was CNY 94,653,186.15, down from CNY 109,558,571.60 in the same period of 2019[152]. Earnings and Dividends - The basic earnings per share for the reporting period was ¥0.20, a decrease of 4.76% compared to ¥0.21 in the same period last year[20]. - The diluted earnings per share for the reporting period was also ¥0.20, reflecting the same decrease of 4.76% compared to the previous year[20]. - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6]. - The company did not distribute cash dividends or issue bonus shares during the reporting period, maintaining its capital structure[87]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥2.54 billion, a decrease of 8.34% from ¥2.77 billion at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥2.15 billion, down 8.12% from ¥2.34 billion at the end of the previous year[20]. - The company's cash and cash equivalents decreased by 27.45% due to investments in financial products and cash dividends[37]. - The company's monetary funds at the end of the reporting period were CNY 1,033,733,812.91, accounting for 40.77% of total assets, down from 49.06% in the previous year[59]. - The total liabilities and owner's equity combined amount to CNY 2,333,823,282.62, maintaining a balanced financial structure[176]. Investments and Subsidiaries - The company established new subsidiaries, including Jiasi E-commerce and Aidas, and increased investment in Jiasi Europe, while acquiring 49% equity in Shougu Technology, making it a wholly-owned subsidiary[51]. - The company acquired 100% equity of Shougu Technology for ¥67,413,812.33, which has now become a wholly-owned subsidiary[67]. - The company reported an investment amount of ¥80,982,590.33 for the current period, representing a significant increase of 772.14% compared to ¥9,285,468.00 in the same period last year[65]. Market and Industry Trends - The industry is shifting towards automation and high-efficiency welding equipment, driven by rising labor costs and a shortage of skilled workers[34]. - The welding equipment market is experiencing intensified competition, exacerbated by the global economic downturn and shrinking trade demand; the company plans to accelerate technology research and development to enhance product competitiveness[82]. Cash Flow - The net cash flow from operating activities for the first half of 2020 was ¥68,109,372.19, a decrease of 6.8% compared to ¥73,108,492.42 in the same period of 2019[159]. - The net cash flow from investing activities was -¥222,898,846.92, significantly lower than the previous year's net inflow of ¥793,350,453.14[160]. - The net cash flow from financing activities was -¥238,520,323.67, compared to -¥205,526,311.90 in the first half of 2019[160]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,411[123]. - The company announced a share reduction by a major shareholder, reducing their stake by 1.05% through a block trade[113]. - The first major shareholder changed from Xu Aiping to Pan Lei during the reporting period, with the new major shareholder being a domestic individual[126]. Compliance and Governance - The company's semi-annual report for 2020 is unaudited[92]. - The financial statements have been approved by the board of directors on July 27, 2020[188]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial statements reflect a true and complete picture of its financial status[195]. Risks and Challenges - The company faces significant international political and economic risks due to the global pandemic and rising geopolitical tensions, which could adversely affect its overseas sales, as export business accounts for a large proportion of its revenue[80]. - The company is exposed to exchange rate risks, particularly with its overseas sales primarily settled in USD; continuous appreciation of RMB against USD may pressure export business and increase foreign exchange losses[81].

Financial Performance - Total revenue for Q1 2020 was ¥141,479,478.04, a decrease of 30.01% compared to ¥202,146,254.28 in the same period last year[8] - Net profit attributable to shareholders was ¥28,702,752.11, down 2.98% from ¥29,584,430.88 year-on-year[8] - Net profit excluding non-recurring gains and losses increased by 66.47% to ¥22,818,435.64 from ¥13,707,040.75 in the previous year[8] - Operating profit was CNY 38,243,379.20, an increase of 7.87% year-on-year[24] - Net profit for Q1 2020 was ¥28,569,575.90, a decline of 5.4% from ¥30,198,717.82 in Q1 2019[46] - The company’s total comprehensive income for the period was CNY 28.72 million, slightly lower than CNY 28.76 million in the previous period[49] Cash Flow and Liquidity - Net cash flow from operating activities was negative at -¥13,221,474.71, a decline of 153.43% compared to ¥24,747,299.89 in the same period last year[8] - Cash and cash equivalents decreased by 29.78% to CNY 1,000,529,268.09 due to investments in financial products and cash dividend payments[19] - Cash flow from operating activities showed a net outflow of CNY 13.22 million, contrasting with a net inflow of CNY 24.75 million in the previous period[52] - The cash and cash equivalents at the end of Q1 2020 were ¥968,886,375.46, down from ¥1,390,387,673.98 at the beginning of the period, reflecting a decrease of approximately 30.3%[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,540,284,466.87, down 8.17% from ¥2,766,172,039.67 at the end of the previous year[8] - The company's total assets decreased to ¥2,578,010,848.46 from ¥2,809,431,784.77, reflecting a reduction of approximately 8.2%[42] - Total liabilities decreased to ¥378,278,545.88 from ¥401,066,022.41, a reduction of about 5.7%[42] - The total current liabilities decreased to 366,135,762.29 yuan from 380,291,624.07 yuan, reflecting a decrease of approximately 3.7%[38] Shareholder Equity - Net assets attributable to shareholders decreased by 8.91% to ¥2,132,430,176.81 from ¥2,341,063,352.38 at the end of the previous year[8] - The company's total equity decreased to 2,154,084,991.08 yuan from 2,362,829,202.10 yuan, a decline of about 8.8%[39] - The equity attributable to shareholders decreased to ¥2,199,732,302.58 from ¥2,408,365,762.36, a decline of approximately 8.7%[42] Operational Challenges - The company faced significant challenges due to the COVID-19 pandemic, affecting production, sales, and supply chain operations[24] - The company has adjusted its annual operational plans to mitigate the adverse effects of the pandemic and ensure normal operations[26] - The company reported a loss of ¥3,589,641.46 due to donations related to the COVID-19 pandemic[9] Government Support and Donations - The company received government subsidies amounting to ¥3,952,502.56 during the reporting period[9] - The company donated a total of 5 million yuan for COVID-19 prevention, including 4 million yuan in cash to the China Charity Federation[29] Research and Development - Research and development expenses increased to ¥14,666,882.72, up from ¥13,600,577.90, indicating a growth of about 7.8% year-on-year[45] - Research and development expenses rose to CNY 11.26 million, an increase of 8.01% compared to CNY 10.42 million in the previous period[48] Financial Management - Financial expenses showed a significant decrease of 864.93% due to increased exchange gains from the rising USD exchange rate[20] - The company has implemented measures to manage currency risk and monitor the impact of the pandemic on overseas exports[27]

Financial Performance - The company achieved total operating revenue of ¥965,557,154.57 in 2019, an increase of 8.09% compared to ¥893,304,839.81 in 2018[20]. - Net profit attributable to shareholders was ¥207,669,714.14, reflecting an 8.85% increase from ¥190,782,362.94 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥172,438,518.19, a significant increase of 31.71% from ¥130,919,559.34 in 2018[20]. - The net cash flow from operating activities reached ¥217,116,538.49, marking a 43.81% increase from ¥150,976,513.41 in the previous year[20]. - Basic earnings per share rose to ¥0.43, up 13.16% from ¥0.38 in 2018[20]. - The total assets at the end of 2019 were ¥2,766,172,039.67, a slight increase of 0.02% from ¥2,765,493,157.86 at the end of 2018[20]. - Cash and cash equivalents increased by 115.04% to ¥1,424,803,519.92, primarily due to the redemption of bank wealth management products and increased time deposits[36]. - The company's fixed assets decreased by 39.33% to ¥206,482,532.73, mainly due to the conversion of rental properties to investment properties measured at cost[36]. - The company's intangible assets decreased by 26.50% to ¥19,319,757.50, due to the conversion of land use rights to investment properties[36]. - The company reported a net profit of CNY 201,225,745.32 for the year 2019, with a total distributable profit of CNY 749,677,323.24 as of December 31, 2019[103]. Dividend Policy - The profit distribution plan approved by the board is to distribute a cash dividend of 5 RMB per 10 shares (tax included) to all shareholders, based on 474,712,459 shares[9]. - A cash dividend of CNY 5.00 per 10 shares (including tax) was proposed, totaling CNY 237,356,229.50, which represents 100% of the profit distribution amount[102][104]. - The total cash dividend, including other methods such as share buybacks, amounted to CNY 444,192,586.10, accounting for 213.90% of the net profit attributable to shareholders[107]. - The company maintained a cash dividend payout ratio of at least 80% during its mature development stage, with no significant capital expenditure plans[102]. - The company has consistently increased its cash dividends over the past three years, with the 2019 dividend being significantly higher than the previous years[105]. Market and Operational Strategy - The company is committed to enhancing its market development in stable regions to compensate for potential losses from unstable areas[6]. - The company is currently developing several new products, including a new series of manual arc welding machines and digital control multi-functional welding machines, aimed at expanding market share[62]. - The company aims to expand its business into welding robots, cutting accessories, and welding materials to achieve internal growth and external expansion, narrowing the gap with international brands[87]. - The company will focus on continuous R&D investment to ensure the development of new products and technologies, while also protecting intellectual property through patents[88]. - The company recognizes the increasing demand for automated welding equipment due to rising labor costs and a shortage of skilled workers, indicating a growing market opportunity[85]. Risk Management - The company emphasizes the importance of monitoring international political and economic risks, as these could adversely affect overseas sales due to its significant export business[6]. - The company is closely monitoring foreign exchange market fluctuations to mitigate risks associated with currency appreciation, particularly against the US dollar[7]. - The company has been analyzing regional market conditions to make reasonable plans and arrangements to reduce the impact of political and economic instability on sales[6]. - The company is actively taking measures to minimize the negative impact of the pandemic on its operations, with a focus on returning to normal production and operations[5]. Corporate Governance - The company’s financial report is guaranteed to be true, accurate, and complete by its board and management, ensuring accountability for any misstatements[3]. - The company has committed to avoiding any direct or indirect participation in businesses that compete with its main operations, ensuring no conflict of interest with its core business activities[108]. - The company has established an independent financial accounting department and management system, ensuring financial autonomy and compliance with tax regulations[109]. - The company has pledged to avoid and minimize related party transactions with its controlling shareholder, ensuring fair treatment of all shareholders[109]. - The company has made commitments regarding potential tax liabilities, stating that if tax authorities pursue the recovery of income tax benefits enjoyed before the company's listing, the responsible individuals will bear full liability for the tax payments and related costs[111]. Employee and Social Responsibility - The company donated 5,000,000 CNY for COVID-19 prevention efforts, including 4,000,000 CNY to the China Charity Federation for medical supplies[154]. - The company has established a three-year action plan for employee education and training to cultivate high-skilled talent[152]. - The company has taken measures to ensure employee health and safety during the COVID-19 pandemic, including providing protective supplies[153]. Environmental Management - The company has established an environmental management system compliant with ISO14001:2015 standards and has passed the certification by SGS[158]. - There were no environmental pollution incidents or violations reported during the reporting period[158]. - The company generated no industrial wastewater during its operations, and domestic sewage was treated to meet standards before disposal[158]. Shareholder Structure - The company has no controlling shareholder or actual controller, as no single shareholder holds more than 30% of the total shares[173]. - The company’s actual controller status remains unchanged, with no controlling relationship established[175]. - The total shares held by the board members at the end of the reporting period is 65,029,580 shares, with a decrease of 259,900 shares during the period[187]. - The company experienced changes in its board, with Zhang Ruimin and Cai Jingxia newly elected as directors on February 22, 2019[189]. - The company has a total of 3 supervisory board members, including one employee representative[194].