证券代码：300342 证券简称：天银机电 编号：2016-01 常熟市天银机电股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|----------------------------------|---------------------------------------------------------| | | | | | 投资者关系活动 | 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | 现场参观 | | | | □ 其他 | （请文字说明其他活动内容） | | 参与单位名称及 | | 长信基金管理有限责任公司：梁浩（研究发展部 研究员） | | 人员姓名 | | 广发基金管理有限公司：程锦（研究发展部） | | | | 红土创新基金管理有限公司：丁硕（基金经理） | | | | 宝盈基金管理有限公司：李进（基金经理助理） | | | | 大成基金管理有限公司：谢家乐（研究部 研究员） | | | | 大成基金管理有限公司：李林益（股票投资部 ...

证券代码：300342 证券简称：天银机电 编号：2017-01 常熟市天银机电股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|--------------------------------|----------------------------------------------------| | | | | | 投资者关系活动 | 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | 现场参观 | | | | □ 其他 | （请文字说明其他活动内容） | | 参与单位名称及 | 广发资产管理：真怡（权益产品部 | 研究员） | | 人员姓名 | | 中国人寿资产管理有限公司：陈柳（股票投资部） | | 时间 | 2017 年 6 月 6 日 | | | 地点 | 常熟市天银机电股份有限公司 | 董秘办公室 | | 上市公司接待人 | 董事会秘书：李玲玲女士 | | | 员姓名 | 证券事务代表：李燕女士 | | | | 1 | 、参观厂区、研发部及各生 ...

证券代码：300342 证券简称：天银机电 编号：2017-02 常熟市天银机电股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|----------------|--------------------------------------------------------| | | | | | 投资者关系活动 | 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | 现场参观 | | | | □ 其他 | （请文字说明其他活动内容） | | 参与单位名称及 | | 安信证券股份有限公司：冯福章（副所长） | | 人员姓名 | | 安信证券股份有限公司：余平（军工行业分析师） | | | | 安信证券股份有限公司：张超（军工行业分析师） | | | | 嘉实基金管理有限公司：张宇驰（研究员） | | | | 泰信基金管理有限公司：王霆（研究员） | | | | 格林基金管理有限公司：倪寅（高级研究员） | | | | 湘江正和军民融合产业基金：程兵（合伙人） ...

编号：2020-01 证券代码：300342 证券简称：天银机电 常熟市天银机电股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|----------------------------------|--------------------------------------------------| | | | | | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | 其他 | （ 电话会议调研 ） | | 参与单位名称及 | 见附件 | | | 人员姓名 | | | | 时间 | 2020 年 2 月 10 日 | 17:30-19:30 | | 地点 | 安信证券股份有限公司电话会议调研 | | | 上市公司接待人 | 公司董事会秘书：陈钊敏先生 | | | 员姓名 | 北京华清瑞达科技有限公司 | 首席技术专家：梁志恒先生 | | | 北京华清瑞达科技有限公司 | 董事长：朱骏先生 | | | 上 ...

Group 1: Company Overview - The company operates in two main sectors: refrigerator compressor components and military electronics [1] - It is a leading supplier of compressor components in China, providing products such as starters, suction silencers, and variable frequency controllers to major manufacturers [1][3] - The military electronics segment includes products like electromagnetic spectrum security equipment and radar technology, supported by strong technical barriers [1][3] Group 2: Financial Performance - As of March 31, 2021, the company had short-term loans of approximately 27.5 million yuan and a debt-to-asset ratio of 24.48%, indicating solid financial health [3] - In 2020, total revenue reached 898.39 million yuan, with military electronics contributing 292.67 million yuan, accounting for about 32.58% of total revenue [3][4] - In Q1 2021, military electronics revenue was 56.53 million yuan, a year-on-year increase of 13.89% [3][4] Group 3: Market Position and Strategy - The company has a strong market share and brand recognition in the home appliance sector, driven by continuous R&D investment and product quality [3] - The company is preparing for future demand in the variable frequency product market by building new factories [3] - The company maintains a competitive edge in the military electronics field, with a focus on stable partnerships and ongoing project bids [4] Group 4: Product Development and Innovation - The company has been a pioneer in developing energy-saving electronic starters since the 1980s and has established industry standards [3] - The star sensor production capacity is currently 500 units per year, with clients including well-known domestic and international companies [4] - The company is expanding its operational facilities to enhance automation in production to meet future market demands [4]

Financial Performance - Revenue for Q3 2022 was CNY 244,810,354.27, an increase of 6.85% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 14,740,814.35, up 1.70% year-on-year, while year-to-date net profit decreased by 48.13% to CNY 40,372,212.35[5] - Basic earnings per share for Q3 2022 was CNY 0.0347, reflecting a 3.27% increase, but year-to-date earnings per share dropped by 47.54% to CNY 0.0950[5] - Total operating revenue for Q3 2022 was CNY 651.14 million, a decrease of 9.3% compared to CNY 717.93 million in Q3 2021[30] - Net profit for Q3 2022 was CNY 40.35 million, a decline of 48.3% from CNY 78.03 million in Q3 2021[31] - The company recorded a total comprehensive income of CNY 40.36 million in Q3 2022, down from CNY 76.14 million in Q3 2021, reflecting overall performance challenges[31] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 2,188,608,318.18, a decrease of 3.34% from the end of the previous year[5] - The company's total assets as of the end of Q3 2022 were CNY 2.19 billion, down from CNY 2.26 billion at the end of Q3 2021[28] - Total liabilities decreased to CNY 655.97 million in Q3 2022 from CNY 714.43 million in Q3 2021, reflecting a reduction of 8.2%[28] - The equity attributable to shareholders of the parent company was CNY 1.52 billion, slightly down from CNY 1.54 billion in the previous year[28] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 15,969,560.88, representing a 59.67% increase in cash outflow compared to the previous year[5] - The company's net cash flow from operating activities improved by 59.67%, reaching -15,969,560.88 RMB compared to -39,594,234.41 RMB in the same period last year[10] - Net cash flow from financing activities decreased by 496.43%, reaching -31,815,163.49 RMB, primarily due to increased cash outflows for debt repayment[10] - Net cash flow from financing activities was negative at CNY -31,815,163.49, a decline from a positive CNY 8,025,452.64 in the previous period[33] Expenses - Total operating costs for Q3 2022 were CNY 612.46 million, down 3.8% from CNY 636.39 million in the same period last year[30] - Research and development expenses for Q3 2022 were CNY 51.75 million, a decrease of 25.1% compared to CNY 69.19 million in Q3 2021[30] - Financial expenses decreased by 253.44%, resulting in a gain of -5,528,831.67 RMB due to increased foreign exchange gains[10] - Tax expenses dropped by 87.01%, amounting to 759,857.17 RMB, primarily due to a decrease in pre-tax profits[10] - Sales expenses decreased by 34.41%, totaling 13,598,862.20 RMB, attributed to pandemic-related disruptions in market development and sales activities[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,475[12] - The largest shareholder, Foshan Lanhai Rui Xing Equity Investment Partnership, holds 28.99% of the shares, equating to 123,200,000 shares[12] Management and Governance - The company appointed Fang Guchuan as the chairman of the fifth board of directors for a term of three years[21] - The fifth board of directors consists of 9 members, including 6 non-independent directors and 3 independent directors[18] - The company elected Chen Juan as the chairperson of the fifth supervisory board, also for a term of three years[21] - The company has established four specialized committees under the board of directors, including the Audit Committee and the Strategic Committee, each with a three-year term[22] - The company appointed Zhao Yunwen as the general manager and several others as vice general managers, with their terms also set for three years[24] - The company held its first temporary shareholders' meeting on August 30, 2022, to approve the election of the new board members and supervisors[19] Other Financial Metrics - The company reported a significant increase in other current assets by 551.81% to CNY 2,717,360.76, primarily due to increased prepaid expenses[9] - The company’s investment properties increased to CNY 23,981,964.34, reflecting a 100% increase due to leasing part of the old factory area[9] - The company’s construction in progress rose dramatically by 13,138.92% to CNY 4,443,870.22, attributed to the expansion of a new factory[9] - The company experienced a 38.38% increase in deferred tax assets, amounting to CNY 26,404,159.14, due to temporary differences from losses in subsidiaries impacted by the pandemic[9] - Deferred income tax assets increased to CNY 26.40 million in Q3 2022 from CNY 19.08 million in Q3 2021, showing a positive trend in tax asset management[28] Audit and Reporting - The company did not conduct an audit for the third quarter report[34] - The report was released by the board of directors on October 25, 2022[35]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥406,325,716.52, a decrease of 16.87% compared to ¥488,804,163.60 in the same period last year[19]. - The net profit attributable to shareholders was ¥25,631,398.00, down 59.53% from ¥63,336,172.13 in the previous year[19]. - Basic and diluted earnings per share decreased by 60.00%, from ¥0.15 to ¥0.06[19]. - The company reported a significant decrease in net profit margin, with a weighted average return on equity dropping from 4.17% to 1.67%[19]. - The company's total revenue for the reporting period was 406.33 million RMB, a decrease of 16.87% compared to the same period last year[46]. - Revenue from the radar and aerospace electronics business was 77.84 million RMB, a decline of 43.96% year-on-year[47]. - The sales volume of starter and protector products decreased by 33.08% year-on-year, totaling 18.04 million units[46]. - The company's total operating revenue for the first half of 2022 was CNY 406,325,716.52, a decrease of approximately 16.8% compared to CNY 488,804,163.60 in the first half of 2021[153]. - The net profit attributable to the parent company for the first half of 2022 was CNY 25,631,398.00, a decline of approximately 59.5% from CNY 63,336,172.13 in the first half of 2021[155]. Cash Flow and Assets - The net cash flow from operating activities improved by 66.12%, reaching -¥18,748,714.87 compared to -¥55,333,460.42 in the same period last year[19]. - The company's cash and cash equivalents decreased significantly, with a net change of -¥56,092,074.04 compared to -¥2,752,560.83 in the previous year, marking a 1,937.81% decline[56]. - The total assets at the end of the reporting period were ¥2,216,148,025.82, a decline of 2.12% from ¥2,264,126,887.37 at the end of the previous year[19]. - The company's cash and cash equivalents were CNY 135,641,934.09 as of June 30, 2022, down from CNY 198,031,123.83 at the beginning of the year, a decline of about 31.4%[146]. - The company's inventory increased to CNY 597,187,327.30 from CNY 539,808,925.43, marking an increase of about 10.6%[146]. - The total liabilities decreased to CNY 401,766,169.31 in the first half of 2022 from CNY 440,215,916.72 in the same period of 2021, indicating a decrease of approximately 8.7%[152]. Research and Development - The company's research and development expenses amounted to ¥33,436,689.64, reflecting a decrease of 22.79% from ¥43,304,099.62 in the previous year[56]. - The company has allocated 100 million yuan for research and development in new technologies and products[171]. - The company has established a mature technology platform to support rapid product development and iteration, enhancing its competitive advantage[42]. - The company has successfully developed a variable frequency refrigerator controller that is internationally leading in technology, with its core technology fully self-developed[34]. Market and Business Segments - The company operates primarily in two business segments: "refrigerator compressor components" and "radar and aerospace electronics"[27]. - In the refrigerator compressor components segment, the company is a leading supplier to major domestic compressor manufacturers, providing products such as starters, suction silencers, and variable frequency controllers[28]. - The radar and aerospace electronics segment includes subsidiaries that focus on radar and electronic warfare technologies, with strong technical barriers due to years of experience and technology accumulation[35]. - The company aims to expand its radar and aerospace electronics business by leveraging its strong technical barriers and accumulated experience[48]. Corporate Governance and Shareholder Relations - The company emphasizes the protection of shareholder rights and has improved its corporate governance structure during the reporting period[92]. - The company provides equal development opportunities for employees and has established a comprehensive performance evaluation system[93]. - The company plans to distribute at least 20% of the distributable profits as cash dividends annually, subject to board approval[99]. - The company guarantees compliance with relevant laws and regulations to prevent any form of fund or asset occupation[99]. Risks and Challenges - The management discussed risks related to the COVID-19 pandemic, macroeconomic conditions, raw material prices, market competition, and employee turnover[3]. - The company faces risks from macroeconomic fluctuations, which significantly impact the home appliance industry, particularly in the compressor sector[78]. - The company is addressing raw material price volatility risks by negotiating with suppliers and developing new energy-saving products[80]. - The company is enhancing its technical advantages and increasing R&D investment to cope with intensified market competition[81]. Environmental and Social Responsibility - The company is committed to environmental protection and sustainable development, integrating these principles into its business strategy[94]. - The company has implemented measures to reduce carbon emissions and enhance employee awareness of environmental protection[91]. - The company actively participates in social welfare initiatives and aims to contribute positively to society[94]. Shareholder Information - The total number of shares before the change was 425,035,485, with a total of 2,924,625 shares released from lock-up, resulting in a new total of 416,248,860 shares[126]. - The largest shareholder, Foshan Lanhai Rui Xing Equity Investment Partnership, holds 123,200,000 shares, accounting for 28.99% of total shares[133]. - The company has reported a pledge of 28,300,000 shares by Changshu Tianheng Investment Management Co., Ltd.[132]. - The total number of shares held by the top ten unrestricted shareholders is 181,000,000[133].

Financial Performance - The company's revenue for Q1 2022 was ¥198,684,730.55, a decrease of 11.61% compared to ¥224,791,839.47 in the same period last year[3] - The net profit attributable to shareholders was ¥1,198,219.81, down 95.47% from ¥26,454,069.77 year-on-year[3] - The basic earnings per share decreased by 95.50% to ¥0.0028 from ¥0.0622 in the same period last year[3] - Total operating revenue for Q1 2022 was CNY 198.68 million, a decrease of 11.6% compared to CNY 224.79 million in Q1 2021[19] - Net profit for Q1 2022 was CNY 1.19 million, a significant decline from CNY 26.45 million in Q1 2021[20] - The company's gross profit margin decreased, with operating profit turning negative at CNY -24.86 million compared to a profit of CNY 31.14 million in the same period last year[20] Cash Flow - The net cash flow from operating activities improved by 19.98%, reaching -¥42,049,727.66 compared to -¥52,547,200.81 in the previous year[3] - Cash received from sales of goods and services was CNY 215.56 million, a decrease from CNY 229.16 million in the previous year[23] - The net cash flow from operating activities was -42,049,727.66 CNY, compared to -52,547,200.81 CNY in the previous year, indicating an improvement of approximately 20%[24] - The total cash outflow for operating activities was 260,199,792.36 CNY, compared to 285,411,979.51 CNY in the previous year, showing a reduction of about 8.8%[24] Investment Activities - The company reported a significant increase in investment activities, with net cash flow from investing activities rising by 347.55% to ¥27,629,494.94[7] - Total cash inflow from investment activities was 59,233,583.83 CNY, significantly higher than 20,679,152.57 CNY in the same period last year, representing an increase of about 186%[24] - The company reported a cash inflow of 59,069,945.12 CNY from other investment-related activities, a significant increase from 20,540,000.00 CNY in the previous year, representing a growth of approximately 187%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,257,160,349.37, a slight decrease of 0.31% from ¥2,264,126,887.37 at the end of the previous year[3] - Total liabilities were CNY 721.18 million, an increase from CNY 714.43 million in the previous year[17] - The total current assets amount to ¥1,460,414,701.84, slightly down from ¥1,463,055,168.60, a decrease of about 0.18%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,276[9] - The largest shareholder, Foshan Lanhai Ruixing Equity Investment Partnership, holds 28.99% of shares, totaling 123,200,000 shares[9] Operating Expenses - Total operating costs increased to CNY 198.89 million, up 1.4% from CNY 195.20 million in the previous year[19] - The company experienced a 100.08% decline in operating profit, resulting in a loss of ¥24,858.46 compared to a profit of ¥31,135,261.11 in the previous year[6] - The company reported a 158.66% increase in other operating expenses, amounting to ¥203,294.79, mainly due to asset write-offs[7] Financial Expenses - Financial expenses surged by 2133.32% to ¥1,853,823.85, primarily due to increased loan interest expenses[6] Research and Development - Research and development expenses were CNY 16.75 million, down 15.5% from CNY 19.83 million in the previous year[20] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to ¥158,438,212.45 from ¥198,031,123.83 at the beginning of the year, a decline of approximately 19.97%[15] - Cash and cash equivalents at the end of the period were 98,363,716.34 CNY, down from 110,874,150.58 CNY at the beginning of the period, reflecting a decrease of approximately 11.4%[25] Other Information - The company has not disclosed any new product or technology developments in the current report[10] - There are no significant mergers or acquisitions reported during this period[10] - The company did not conduct an audit for the first quarter report[26]

Financial Performance - The company's operating revenue for 2021 was ¥1,039,148,999.38, representing a 15.67% increase compared to ¥898,386,035.02 in 2020[17] - The net profit attributable to shareholders for 2021 was ¥99,630,736.61, a decrease of 21.91% from ¥127,579,308.33 in 2020[17] - The net profit after deducting non-recurring gains and losses was ¥92,517,583.95, down 23.90% from ¥121,569,488.32 in the previous year[17] - The net cash flow from operating activities was ¥38,530,009.97, a significant decline of 78.10% compared to ¥175,941,651.63 in 2020[17] - Basic earnings per share for 2021 were ¥0.23, a decrease of 23.33% from ¥0.30 in 2020[17] - The total assets at the end of 2021 were ¥2,264,126,887.37, an increase of 8.61% from ¥2,084,657,267.24 at the end of 2020[17] - The net assets attributable to shareholders at the end of 2021 were ¥1,535,005,601.61, up 2.28% from ¥1,500,792,413.99 at the end of 2020[17] - The weighted average return on equity for 2021 was 6.58%, down from 8.77% in 2020[17] Revenue Breakdown - In 2021, the company's total revenue for the four quarters was approximately CNY 1.04 billion, with the highest revenue in Q4 at CNY 321.22 million, representing a 40% increase from Q1[19] - The net profit attributable to shareholders for the year was CNY 99.63 million, with Q2 showing the highest quarterly profit of CNY 37.02 million[19] - The revenue from refrigerator compressor components reached 715.93 million CNY, up 18.19% year-on-year[57] - The sales volume of refrigerator compressor starters and protectors was 49.49 million units, a year-on-year increase of 5.59%[57] - The sales volume of silencer products increased by 34.24% year-on-year, reaching 55.16 million units[57] - The company’s foreign sales revenue for refrigerator compressor components was 65.38 million CNY, a growth of 61.61% compared to the previous year[58] - The foreign sales revenue accounted for 9.13% of total revenue, indicating a relatively small proportion[58] - Domestic sales contributed CNY 972.43 million, which is 93.71% of total revenue, showing a growth of 13.42% year-on-year[63] Research and Development - The company has continuously increased R&D investment, enhancing product quality and maintaining a leading market share and brand recognition in the industry[40] - The company’s R&D expenses increased by 11.83% to CNY 92.64 million, reflecting ongoing investment in new technologies[72] - The number of R&D personnel increased by 1.33% to 381 in 2021, with a higher proportion of bachelor's degree holders at 59.6%[75] - The company is focusing on R&D, allocating 10% of its revenue towards innovation and technology advancements[140] - New product development includes the launch of a low-power starter, which is expected to enhance market competitiveness[144] Market Position and Strategy - The company has established itself as a leading supplier in the refrigerator compressor parts industry, serving major domestic manufacturers like Gree and Midea[27] - The company has a stable market share in the refrigerator compressor parts industry, despite challenges in the overall appliance market[28] - The company aims to enhance its market share in the military electronics sector by focusing on electronic technology and expanding its radar and aerospace electronics business[100] - The company is actively expanding its market presence in Europe, Southeast Asia, and South America while strengthening its domestic market share[105] - The company anticipates growth in the refrigerator compressor parts business despite challenges from the COVID-19 pandemic and supply chain disruptions[96] Governance and Compliance - The company has established a complete and independent production, sales, procurement, and R&D system, ensuring operational independence from its controlling shareholder[122] - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with governance standards and enhancing decision-making capabilities[117] - The company adheres to legal and regulatory requirements for information disclosure, ensuring transparency and equal access to information for all shareholders[121] - The company has implemented a governance structure that complies with the Corporate Law and relevant regulations, enhancing its governance level[114] - The company has established a sound internal control system to regulate operations and improve governance standards[114] Employee and Social Responsibility - The total number of employees at the end of the reporting period was 1,131, with 516 in the parent company and 615 in major subsidiaries[168] - The company emphasizes a comprehensive salary management system and incentive mechanisms to align employee interests with company goals[169] - The company is committed to continuous improvement in employee training and development to stimulate learning and growth[171] - The company actively participates in social welfare initiatives, aiming to contribute to societal harmony and fulfill its social responsibilities[193] - The company maintains a strong commitment to environmental protection and sustainable development, promoting a green and low-carbon philosophy[193] Dividend Policy - The company plans to distribute a cash dividend of 1.50 CNY per 10 shares, totaling 63,755,266.95 CNY (including tax) based on a share base of 425,035,113 shares after deducting treasury shares[173] - The cash dividend distribution plan for 2021 proposes a cash dividend of 1.00 CNY per 10 shares, amounting to 42,503,511.30 CNY (including tax), pending shareholder approval[177] - The company maintains a cash dividend policy where the cash dividend proportion should be at least 80% during the mature development stage, with the current distribution being 100% of the distributable profit[175] Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[140] - The company aims to enhance its operational efficiency and financial performance in the upcoming fiscal year[136] - The management team emphasized the importance of sustainability in future strategies, aiming for a 30% reduction in carbon emissions by 2025[140]

Financial Performance - The company's revenue for Q3 2021 was ¥229,121,953.65, representing a year-over-year increase of 5.73%[4] - The net profit attributable to shareholders decreased by 52.90% to ¥14,494,021.97 for the same period[4] - The net profit excluding non-recurring gains and losses was ¥13,889,078.03, down 53.39% year-over-year[4] - Basic earnings per share fell by 57.14% to ¥0.03 for Q3 2021[5] - Total operating revenue for the current period reached ¥717,926,117.25, an increase of 22% compared to ¥588,645,059.99 in the previous period[20] - Net profit for the current period was ¥78,030,483.13, a decrease of 6.5% from ¥83,278,725.63 in the previous period[21] - Earnings per share (EPS) for the current period was ¥0.18, compared to ¥0.19 in the previous period[23] Cash Flow and Liquidity - The operating cash flow for the year-to-date period was negative at -¥39,594,234.41, a decline of 154.85%[4] - The company reported a decrease in other comprehensive income, with a net amount of -¥1,891,080.00 compared to ¥3,645,679.07 in the previous period[22] - The net cash flow from operating activities was -$39.59 million, a decrease from $72.18 million in the previous period[26] - Cash outflow from investing activities totaled $93.06 million, compared to $104.95 million last year, resulting in a net cash flow of -$2.57 million from investing activities[26] - Cash inflow from financing activities was $154 million, an increase from $107.5 million in the previous year, leading to a net cash flow of $8.03 million from financing activities[27] - The total cash and cash equivalents at the end of the period were $76.44 million, down from $129.97 million at the end of the previous year[27] Assets and Liabilities - Total assets increased by 5.38% to ¥2,196,835,232.67 compared to the end of the previous year[5] - Total assets rose from 2,084,657,267.24 yuan at the end of 2020 to 2,196,835,232.67 yuan, an increase of approximately 5.4%[18] - Total liabilities increased to ¥669,156,149.69 from ¥567,952,946.47, showing a growth in financial obligations[19] - Total current liabilities amounted to $468.34 million, with short-term borrowings at $47.57 million and accounts payable at $288.79 million[30] - Total liabilities amounted to approximately $567.95 million, with a year-over-year increase of $11.7 million[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,240[12] - The largest shareholder, Foshan Lanhai Ruixing Equity Investment Partnership, holds 28.53% of shares, totaling 123,200,000 shares[12] - The top ten shareholders include several investment firms, with the second-largest shareholder holding 7.98% of shares[12] Inventory and Expenses - Inventory rose by 42.99% to ¥590,224,525.58, attributed to increased sales orders and inventory buildup due to supply chain pressures[9] - Sales expenses increased by 95.64% to ¥20,731,793.26, primarily due to higher after-sales maintenance costs[9] - Research and development expenses increased to ¥69,186,041.29, up from ¥60,153,758.99 in the previous period, reflecting a focus on innovation[21] Investments and Acquisitions - The company signed a letter of intent to acquire up to 45.28% of Anhui Tianbing Electronics, aiming for a controlling stake of at least 51%[14] - The company is in the process of relocating its production facilities to a new factory, having received the property certificate[16] Other Financial Metrics - The company has a total of 819,614,885.77 yuan in non-current assets as of September 30, 2021, compared to 799,574,172.32 yuan at the end of 2020[18] - The company has an undistributed profit of approximately $615.52 million, indicating strong retained earnings[31] - The company’s capital reserve stands at approximately $426.48 million, unchanged from the previous period[31] - The company has not undergone an audit for the third quarter report[33] - The report indicates that the new leasing standards were not applicable for retrospective adjustments[34]