证券代码：300375 证券简称：鹏翎股份 天津鹏翎集团股份有限公司投资者关系活动记录表 编号：2023-06-06 投资者关系活动类别 √特定对象调研 □分析师会议 □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） 参与单位名称及人员姓名 方正证券 仇百良 华夏基金 蓝一阳 中邮基金 张子璇 时间 2023 年 06 月 06 日 14:00-16:30 地点 公司主楼会议室 上市公司接待人员姓名 公司董事、副总裁、董事会秘书 魏泉胜 证券部部长 刘洪悦 投资者关系经理 孙博然 一、公司基本情况：公司发展历程、主营业务、公司产 投资者关系活动 品等及参观车间。 主要内容介绍 二、互动交流情况： 1、介绍一下新能源汽车收入主要是哪些汽车品牌？ 1 答：公司基于原有的优质客户资源、在汽车流体管路及 密封件领域的技术优势和积累，抓住新能源汽车发展带 来的新契机，多方位布局公司的核心产品，获得了众多 客户的认可，尤其是新能源汽车产品销售收入稳步增 长。主要客户群体：比亚迪汽车、一汽大众、上汽大众、 长城汽车、一汽集团、长安汽车、吉利汽车、领克汽车、 沃尔沃、小鹏汽车、 ...

编号：2023-05-05 | 投资者关系活动类别 | □特定对象调研 | | □分析师会议 | | --- | --- | --- | --- | | | □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） | | 参与单位名称及人员姓名 | 线上参与公司 | | 2022 年度网上业绩说明会的全体投资 | | | 者 | | | | 时间 | 2023 年 | 05 月 | 05 日 15:00-17:00 | | 地点 | | | 价值在线（https://www.ir-online.cn/） | | 上市公司接待人员姓名 | 董事长 | | 王志方 | | | 董事 | | 魏泉胜 | | | 财务总监 | | 范笑飞 | | | 独立董事 | | 盛元贵 | | | 董事会秘书 | | 刘世玲 | | | 保荐代表人 | | 丁璐斌 | | | 1. 公司 2022 | | 年的年报显示归属于上市公司股东的净 | | 投资者关系活动 | 利润同比增长 | | 21.34%，请问构成增长的 ...

Financial Performance - The company's revenue for Q1 2023 was ¥370,407,779.06, a decrease of 16.37% compared to ¥442,927,087.80 in the same period last year[3] - Net profit attributable to shareholders was ¥19,172,060.56, down 44.49% from ¥34,537,411.99 year-on-year[3] - The net cash flow from operating activities was ¥2,668,810.92, representing a significant decline of 88.71% compared to ¥23,648,514.90 in the previous year[3] - Total operating revenue for Q1 2023 was ¥370,407,779.06, a decrease of 16.4% compared to ¥442,927,087.80 in Q1 2022[27] - Operating profit decreased to ¥20,130,559.72, a decline of 51.6% compared to ¥41,609,846.63 in Q1 2022[28] - Basic and diluted earnings per share for Q1 2023 were both ¥0.0276, down from ¥0.0500 in Q1 2022[29] - The company reported a 70.34% decrease in income tax expenses, reflecting a decline in profits[12] Assets and Liabilities - Total assets increased by 8.62% to ¥2,957,777,982.84 from ¥2,723,083,367.89 at the end of the previous year[4] - The total liabilities decreased to RMB 728,805,434.07 from RMB 789,151,300.17, a reduction of approximately 7.6%[24][25] - The equity attributable to shareholders increased to RMB 2,228,972,548.77 from RMB 1,933,932,067.72, showing an increase of around 15.3%[25] - Accounts receivable increased to RMB 339,018,234.45 from RMB 293,441,228.94, representing a growth of about 15.5%[22][23] - Inventory increased to RMB 444,229,525.64 from RMB 425,851,578.90, reflecting a growth of about 4.0%[23] Cash Flow - Cash flow from operating activities generated a net amount of ¥2,668,810.92, significantly lower than ¥23,648,514.90 in Q1 2022[32] - Cash flow from investing activities showed a net inflow of ¥233,176,663.21, compared to a net outflow of ¥22,308,956.29 in the previous year[33] - Cash flow from financing activities resulted in a net inflow of ¥265,851,749.29, contrasting with a net outflow of ¥849,576.00 in Q1 2022[33] - The ending balance of cash and cash equivalents increased to ¥605,269,284.59 from ¥157,024,080.12, marking a substantial rise[33] - The company's cash and cash equivalents rose to RMB 609,001,452.07 from RMB 105,612,501.74, marking a significant increase of 476.5%[22][23] Expenses and Costs - The company reported a significant increase in sales expenses to ¥14,964,710.57, up 40.5% from ¥10,664,747.62 in the previous year[28] - The company reported a 40.32% increase in selling expenses due to higher market development costs[11] - Total operating costs decreased to ¥351,845,179.40 from ¥405,992,873.28, reflecting a reduction of 13.3%[27] Capital and Investments - The company received a capital increase of ¥276 million from issuing shares to a specific individual, significantly boosting cash reserves[6] - The company issued 90,584,415 shares in a private placement, raising a total of RMB 278,999,998.20, with a net amount of RMB 272,004,352.57 after expenses[20] - The company established a wholly-owned subsidiary, Xi'an Pengling Automotive Parts Co., Ltd., with a registered capital of RMB 5 million[20] - Investment income rose by 211.69% compared to the previous year, attributed to increased returns from matured structured deposits[11] Other Information - Contract liabilities surged by 1129.57%, primarily due to an increase in advance payments received[10] - The weighted average return on equity decreased to 0.94% from 1.81% in the previous year, a drop of 0.87%[3] - Short-term borrowings decreased to RMB 99,261,097.30 from RMB 108,917,347.30, a decline of approximately 7.6%[24] - The first quarter report of Tianjin Pengling Group Co., Ltd. is unaudited[34] - The report was presented by Chairman Wang Zhifang on April 26, 2023[35] - The company plans to continue expanding its market presence and developing new products, although specific details were not disclosed in the report[20]

Financial Performance - The company's operating revenue for 2022 was CNY 1,697,758,870.05, representing a 2.47% increase compared to CNY 1,656,872,325.04 in 2021[19]. - The net profit attributable to shareholders for 2022 was CNY 75,712,702.60, a 21.34% increase from CNY 62,395,038.02 in the previous year[19]. - The net cash flow from operating activities was CNY 225,054,738.35, reflecting a 4.51% increase from CNY 215,349,919.97 in 2021[19]. - Basic earnings per share for 2022 were CNY 0.11, up 22.22% from CNY 0.09 in 2021[19]. - Total assets at the end of 2022 amounted to CNY 2,723,083,367.89, a 7.14% increase from CNY 2,541,573,024.57 at the end of 2021[19]. - The net assets attributable to shareholders increased by 2.24% to CNY 1,933,932,067.73 from CNY 1,891,496,822.12 in the previous year[19]. - The weighted average return on equity for 2022 was 3.96%, an increase from 3.35% in 2021[19]. - The company reported a net profit of CNY 65,467,995.72 after deducting non-recurring gains and losses, which is an 11.29% increase from CNY 58,825,731.03 in 2021[19]. - The company reported a significant increase in investment income, rising by 301.41% to CNY 4,448,470.93 due to increased structured deposit purchases[103]. - The company’s total operating costs for non-tire rubber products were CNY 1,321,721,328.35, with a gross profit of CNY 376,037,541.70[98]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of CNY 0.50 per 10 shares, totaling CNY 37,769,409.00 based on 755,378,818 shares[5]. - The cash dividend distribution accounts for 100% of the total profit distribution amount, with a total distributable profit of RMB 750,619,384.32[189]. - The cash dividend proposal requires approval from the annual general meeting of shareholders, ensuring protection of minority shareholders' rights[190]. Research and Development - The company’s R&D investment reached 89.8283 million yuan, an increase of 26.06% compared to the previous year[76]. - The company developed 1,355 new product models, with an estimated total sales of approximately 6.89 billion yuan over their lifecycle[79]. - Among the new products, 1,046 models related to new energy vehicles are expected to generate sales of about 4.458 billion yuan[79]. - The company has registered a total of 107 patents, including 69 invention patents and 38 utility model patents[72]. - The company’s R&D expenses increased by 26.02% to CNY 89,828,314.08, reflecting a commitment to innovation[103]. - The number of R&D personnel increased by 11.28% from 266 in 2021 to 296 in 2022, with a notable rise in the proportion of personnel under 30 years old[105]. Market and Industry Trends - The automotive industry saw a total production and sales of 27.02 million and 26.86 million vehicles in 2022, representing a year-on-year growth of 3.4% and 2.1% respectively[31]. - New energy vehicle sales exceeded 6.8 million units in 2022, with a market share of 25.6%, marking a significant growth phase for the sector[32]. - The automotive parts industry in China achieved a total revenue of approximately ¥23.42 trillion in 2021, with a year-on-year growth of 13.26%[36]. - The demand for sealing products is expected to increase due to their applications in various sectors, including automotive, electrical, and aerospace, driven by continuous development in downstream industries[43]. - The shift towards "lightweight" and environmentally friendly vehicles is becoming a new direction for industry transformation, with a significant increase in demand for automotive cooling fluid pipelines anticipated[44]. Corporate Governance and Management - The company has a governance structure that complies with the regulations set by the China Securities Regulatory Commission[140]. - The company has established a performance evaluation and incentive system linking management compensation to business performance[137]. - The company is committed to maintaining transparency and fairness in its operations and decision-making processes[139]. - The company has a robust management team with significant industry experience, which is crucial for navigating market challenges and opportunities[149][154]. - The company has a diverse board of directors and supervisors with backgrounds in finance, law, and engineering, enhancing its governance structure[149][150][152]. Operational Efficiency and Cost Management - The company has implemented a lean production and supply chain management model to enhance cost competitiveness[69]. - The company is focusing on domestic material substitution to reduce procurement costs and enhance supply chain management capabilities[92]. - The company has a mature and stable management team, which has contributed to its leading position in the automotive fluid pipeline industry for over 30 years[68]. - The company is actively involved in the transition towards greener technologies and sustainable practices within the automotive industry[52]. Employee Development and Training - The total number of employees at the end of the reporting period was 2,181, with 1,197 in major subsidiaries[182]. - The company has conducted 65 training sessions in 2022, with a total of 1,486 participants, to enhance employee skills and management levels[185]. - The company follows a performance management system that emphasizes process management and continuous communication to improve employee performance[183]. - In 2022, the company focused on training to enhance employee capabilities and strengthen its talent pipeline[184]. Future Outlook and Strategic Initiatives - The company aims to strengthen its core businesses in automotive fluid pipes and sealing components while entering the new energy vehicle supply chain in 2023[120]. - The company plans to accelerate mergers and acquisitions to diversify its operations, supported by sufficient cash and a low debt-to-asset ratio[120]. - The company is exploring new strategies for market expansion and product development[169]. - The company aims to expand its product line with new technologies, including hydrogen fuel cell vehicle pipelines and energy storage solutions, to meet future market demands[105].

关于举行 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 天津鹏翎集团股份有限公司（以下简称"公司"或"鹏翎股份"）已于 2023 年 4 月 26 日在中国证监会指定的创业信息披露网站 — 巨 潮 资 讯 网 （www.cninfo.com.cn）披露了《 2022 年年度报告及其摘要》。为使投资者能 够进一步了解公司的经营情况、发展战略、行业前景等情况，公司将于 2023 年 5 月 5 日（星期五）下午 15:00 - 17:00 举行 2022 年度网上业绩说明会。本 次年度业绩说明会将采用网络远程文字交流的方式举行，投资者可登陆"价值在 线"平台（www.ir-online.cn）参与本次年度业绩说明会。 出席本次年度业绩说明会的有：公司董事长王志方先生、董事魏泉胜先 生、财务总监范笑飞先生、独立董事盛元贵先生，董事会秘书刘世玲女士，保 荐代表人华泰联合证券有限责任公司丁璐斌先生。具体以当天参会人员为准。 投资者可于 2023 年 5 月 5 日（星期 五 ） 15:00-17:00 通过网址 https://es ...

Financial Performance - The company's revenue for Q3 2022 was CNY 413,083,103.06, representing a 16.21% increase year-over-year[3]. - Net profit attributable to shareholders for Q3 2022 was CNY 11,735,503.54, a significant increase of 53.24% compared to the same period last year[3]. - Total operating revenue for Q3 2022 was approximately ¥1.20 billion, an increase of 3.5% compared to ¥1.16 billion in Q3 2021[38]. - Net profit for Q3 2022 was approximately ¥58.36 million, a decrease of 9.5% from ¥64.75 million in Q3 2021[40]. - Total comprehensive income for the period was CNY 58,360,311.86, compared to CNY 64,749,944.19 in the previous period, reflecting a decrease of approximately 9.8%[41]. - Basic and diluted earnings per share were both CNY 0.0878, down from CNY 0.0911 in the previous period, indicating a decline of about 3.6%[41]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 365.25% year-over-year, amounting to CNY 163,343,050.00[4]. - Cash inflow from operating activities totaled CNY 1,430,408,170.06, up from CNY 1,306,141,049.07, marking an increase of about 9.5%[44]. - Cash outflow from operating activities was CNY 1,267,065,120.06, slightly down from CNY 1,271,032,751.07, showing a decrease of approximately 0.3%[44]. - Cash and cash equivalents decreased to approximately ¥103.24 million from ¥156.53 million, a decline of 34%[33]. - Cash and cash equivalents at the end of the period were CNY 101,235,498.55, down from CNY 140,396,322.20, a decrease of about 28.0%[46]. - The company received CNY 2,676,169.29 in tax refunds, significantly higher than CNY 33,535.43 in the previous period, indicating an increase of approximately 7,855.5%[44]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,513,778,541.59, a decrease of 1.09% from the previous year-end[4]. - Total assets as of September 30, 2022, were approximately ¥2.51 billion, a slight decrease from ¥2.54 billion at the beginning of the year[36]. - Total liabilities decreased to approximately ¥597.20 million from ¥650.08 million, a decline of 8.1%[36]. - The company experienced a 41.71% decrease in receivables financing, primarily due to a reduction in bank acceptances used for discounting or endorsement[9]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,771[21]. - The largest shareholder, Wang Zhifang, holds 31.98% of the shares, totaling 212,588,740 shares[21]. - The top ten shareholders include several individuals and entities, with the second-largest shareholder holding 3.32%[21]. - The company has a total of 159,441,556 shares under lock-up for management, with a 25% annual release[25]. - The company reported a total of 159,676,170 shares at the end of the reporting period[26]. Research and Development - Research and development expenses increased by 33.11% year-over-year, indicating a focus on innovation and product development[15]. - Research and development expenses for Q3 2022 were approximately ¥64.18 million, an increase of 33.2% from ¥48.21 million in Q3 2021[39]. Financing Activities - The company plans to raise between 250 million and 320 million RMB through a private placement to supplement working capital[27]. - The adjusted issue price for the private placement is set at 3.08 RMB per share, with the number of shares to be issued adjusted to between 81,168,831 and 103,896,103 shares[28]. - The company is in the process of updating its application documents for the private placement to comply with regulatory requirements[31]. Other Information - The company has not disclosed any new product developments or technological advancements in this report[23]. - There are no significant mergers or acquisitions reported in this quarter[23]. - The company reported a decrease in short-term borrowings, indicating improved liquidity management[35]. - The company reported a cash inflow of CNY 732,918,863.34 from other investment activities, which was not present in the previous period[45].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥785,535,579.01, a decrease of 2.60% compared to ¥806,527,288.80 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥46,624,808.32, down 18.33% from ¥57,091,936.60 in the previous year[22]. - The basic earnings per share decreased to ¥0.0693, down 13.70% from ¥0.0803 in the previous year[22]. - Operating profit was 56.89 million yuan, down 14.00% from 66.15 million yuan year-on-year[65]. - The company reported a total emission of 2.77 tons of particulate matter and 746 tons of nitrogen oxides, both within the regulatory limits[100]. - The total comprehensive income for the first half of 2022 was CNY 12,535,455.76, down from CNY 19,990,813.31 in the first half of 2021[183]. - The net profit for the first half of 2022 was CNY 12,535,455.76, a decrease of 37.1% compared to CNY 19,990,813.31 in the same period of 2021[182]. - The company's total liabilities were CNY 607,596,181.18, down from CNY 650,076,202.45 at the start of the year, indicating a reduction in financial obligations[170]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly to ¥83,809,837.03, a rise of 1,001.70% compared to ¥7,607,288.18 in the same period last year[22]. - Cash and cash equivalents at the end of the reporting period amounted to ¥172,737,483, representing 6.88% of total assets, an increase from 6.16% at the end of the previous year[72]. - The cash and cash equivalents at the end of the period amounted to 115,124,381.09 CNY, an increase of 74,015,496.88 CNY from the beginning of the period[189]. - The cash inflow from financing activities was recorded at 94,346.63 CNY, while cash outflow totaled 35,020,913.73 CNY[189]. - The company reported a significant increase in cash and cash equivalents compared to the previous period, which was 14,989,491.95 CNY[189]. Research and Development - The company has invested 38.32 million yuan in R&D, representing a 21.97% increase from 31.42 million yuan in the previous year[66]. - The company plans to expand its market presence by increasing its investment in new product development, aiming for a 25% increase in R&D spending in 2023[194]. - The company has successfully developed and applied over 250 formulation technologies, enhancing its competitive edge in the automotive fluid pipe and sealing component market[43]. - The company has launched a new TPV pipeline production line to meet the lightweight requirements of new energy vehicles, enhancing market competitiveness[61]. Market Position and Industry Trends - The automotive industry in China is recovering from challenges, with government policies promoting consumption and supporting the automotive sector[41]. - The company has maintained its leading position in the rubber hose industry, ranking first in the "Top 100 Enterprises of the China Rubber Industry Association" for several consecutive years[46][49]. - The production and sales of new energy vehicles (NEVs) reached 2.661 million and 2.6 million units, respectively, with a year-on-year growth of 120%, achieving a market share of 21.6%[46]. - The company operates a direct sales model primarily targeting automotive manufacturers, establishing long-term stable relationships through annual supplier contracts[36]. Risk Management - The management has outlined potential risks and corresponding measures in the report, emphasizing the importance of investor awareness[3]. - The company faces ongoing challenges in the automotive industry, including chip shortages and high raw material prices, which may impact growth[42]. - The company faced risks from the COVID-19 pandemic, which impacted the automotive industry and its supply chain, particularly in Shanghai, affecting production and operations[84]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company has completed the registration capital change to ¥664,794,403 after the repurchase and cancellation of shares[21]. - The company repurchased and canceled 46,328,763 shares due to unmet performance commitments from its subsidiary, reducing total shares from 711,123,166 to 664,794,403[143]. - The largest shareholder, Wang Zhifang, holds 31.98% of the shares, totaling 53,147,186 shares, with an increase of 8,742 shares during the reporting period[153]. Environmental and Social Responsibility - The company has established a comprehensive environmental emergency response plan and conducted training and drills to ensure effective response to potential environmental incidents[102]. - The company donated a total of 300,000 yuan to various charitable causes during the reporting period, including 100,000 yuan for pandemic prevention efforts[108]. - The company has implemented energy-saving measures, including adjusting air conditioning settings and optimizing production schedules to reduce energy consumption[103].

Financial Performance - The company's revenue for Q1 2022 was CNY 442,927,087.80, representing a 17.82% increase compared to CNY 375,931,661.09 in the same period last year[3] - Net profit attributable to shareholders was CNY 34,537,411.99, up 10.86% from CNY 31,153,883.16 year-over-year[3] - Basic earnings per share increased by 25.00% to CNY 0.05, compared to CNY 0.04 in the same period last year[3] - Total operating revenue for Q1 2022 was CNY 442,927,087.80, an increase of 17.7% compared to CNY 375,931,661.09 in Q1 2021[23] - Net profit for Q1 2022 reached CNY 34,537,411.99, representing a 10.5% increase from CNY 31,153,883.16 in Q1 2021[25] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.05, compared to CNY 0.04 in Q1 2021[26] - The company reported a profit before tax of CNY 40,330,457.59, compared to CNY 36,873,123.92 in the previous year[25] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 49.39% to CNY 23,648,514.90, down from CNY 46,726,492.57 in the previous year[3] - Cash inflow from operating activities was CNY 508,487,931.30, an increase from CNY 423,985,384.73 in the previous year[26] - Total cash outflow from operating activities amounted to CNY 484,839,416.40, up 28.5% from CNY 377,258,892.16 year-on-year[28] - The net cash flow from investing activities was -CNY 22,308,956.29, an improvement from -CNY 62,075,204.30 in the same period last year[29] - The net cash flow from financing activities was -CNY 849,576.00, slightly improved from -CNY 850,000.00 year-on-year[29] - The cash and cash equivalents at the end of the period were CNY 157,024,080.12, a slight increase from CNY 156,842,354.94 at the end of the previous year[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,571,203,617.13, a 1.17% increase from CNY 2,541,573,024.57 at the end of the previous year[4] - The total non-current assets decreased to CNY 1,274,098,610.86 from CNY 1,297,133,928.19, a decline of approximately 1.8%[20] - The company's total liabilities decreased slightly to CNY 645,169,384.02 from CNY 650,076,202.45 year-over-year[24] - The total current liabilities decreased slightly to CNY 552,805,128.85 from CNY 557,711,074.15, a reduction of about 0.2%[20] Receivables and Prepayments - The company's receivables financing increased by 71.46% compared to the beginning of the period, mainly due to an increase in bills awaiting endorsement or discounting[7] - Prepayments increased by 301.96% compared to the beginning of the period, primarily due to reclassification of prepayments for equipment and goods[7] - Other receivables rose by 185.05%, attributed to an increase in inter-company transactions[7] - Accounts receivable decreased to CNY 294,695,337.04 from CNY 341,128,546.67, indicating a decline of about 13.5%[19] Expenses and Donations - Total operating costs for Q1 2022 were CNY 405,992,873.28, up 18.5% from CNY 342,608,093.29 in the same period last year[24] - Research and development expenses for Q1 2022 amounted to CNY 18,536,616.05, up from CNY 14,934,781.60 in Q1 2021, indicating a focus on innovation[24] - The company made a charitable donation of CNY 1,000,000 during the reporting period, contributing to a 1016.72% increase in non-operating expenses compared to the previous year[8] - Tax payments amounted to CNY 22,505,881.09, an increase of 12.5% compared to CNY 20,008,970.64 last year[28] Share Repurchase and Equity - The company repurchased and canceled 46,328,763 shares, reducing the total number of shares from 711,123,166 to 664,794,403[16] - The company’s equity structure was impacted by the share repurchase, which was part of a performance commitment compensation plan[16] - The total equity attributable to shareholders of the parent company increased to CNY 1,926,034,233.11 from CNY 1,891,496,822.12[24] Audit and Future Outlook - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[30] - The company’s financial performance and strategic decisions will be closely monitored in the upcoming quarters to assess future growth potential[16]

Financial Performance - The company's operating revenue for 2021 was ¥1,656,872,325.04, a decrease of 1.09% compared to 2020[24]. - Net profit attributable to shareholders was ¥62,395,038.02, representing a significant increase of 190.78% from a loss of ¥68,733,802.34 in 2020[24]. - The net cash flow from operating activities was ¥215,349,919.97, an increase of 7.41% compared to ¥200,487,449.22 in 2020[24]. - Basic earnings per share improved to ¥0.09, a 200% increase from a loss of ¥0.09 in 2020[24]. - The company's total assets increased by 2.95% to CNY 2,541.57 million, and equity attributable to shareholders rose by 3.41% to CNY 1,891.50 million[62]. - The company reported a net profit of ¥58,825,731.03 after deducting non-recurring gains and losses, a 122.77% increase from a loss of ¥258,344,029.03 in 2020[24]. - The company's diluted earnings per share was calculated at ¥0.0939 based on the latest share capital[25]. - The total revenue for Tianjin Pengling Group in 2021 was 466.7 million, a decrease from 2020's 212.6 million[126]. - The company reported a net profit of 153.0 million in 2021, compared to 0 in 2020, indicating a significant recovery[126]. Market Environment - The automotive parts market is facing intensified competition, which may lead to a decline in profit margins for the company[9]. - The automotive industry in China saw a total production and sales volume of 26.08 million and 26.27 million vehicles respectively, with year-on-year growth of 3.4% and 3.8%[35]. - New energy vehicle sales exceeded 3.5 million units in 2021, achieving a market share of 13.4%[36]. - The automotive parts industry is experiencing a positive development trend, benefiting from the growth of the domestic and international vehicle industry and expanding consumer market[100]. - The automotive parts market in China grew from CNY 3.46 trillion in 2016 to CNY 4.57 trillion in 2020, with a compound annual growth rate (CAGR) of 7.2%[37]. - The automotive parts industry faces intensified competition due to the continuous growth of vehicle ownership in China, leading to potential profit margin declines for component manufacturers[109]. Strategic Initiatives - The company aims to adjust procurement strategies to mitigate the impact of raw material price fluctuations on profitability[7]. - The company is focused on enhancing its group management capabilities to address challenges from new business segments and competitive pressures[9]. - The company is actively expanding its market presence by enhancing collaboration with key clients in the new energy vehicle sector, including BYD and Great Wall Motors[66]. - The company plans to accelerate industrial mergers and acquisitions, focusing on the new energy vehicle supply chain, leveraging existing channel advantages[103]. - The company is exploring potential acquisitions to enhance its product portfolio, with a budget of 500 million RMB allocated for this purpose[138]. - The company is committed to continuous, stable, and healthy development in its operations[151]. Risk Management - The company reported a significant increase in raw material prices, particularly rubber, which adversely affected profitability due to delayed adjustments in product pricing[6]. - The company has a risk of goodwill impairment related to the acquisition of Hebei Xinou, which could impact current profits if performance does not meet expectations[11]. - The company faces risks from macroeconomic uncertainties and fluctuations in raw material prices, which could impact profitability[106][108]. - The company’s revenue is highly concentrated among major clients, which poses a risk due to the competitive nature of the automotive industry[108]. - The company has implemented a robust internal audit system, with an audit committee overseeing compliance and financial information[120]. Research and Development - The company has developed over 250 proprietary formula technologies and has become a leading domestic enterprise in automotive fluid pipelines and sealing components[39]. - The company is focusing on technological advancements in its product lines to improve competitiveness in the market[129]. - The company is investing 100 million RMB in R&D for new technologies aimed at enhancing product efficiency and sustainability[139]. - In 2021, the company's R&D investment amounted to ¥71,281,266.20, representing 4.30% of total revenue, an increase from 4.01% in 2020[87]. - The company has developed 830 new product models, with an estimated total sales of approximately CNY 2.5 billion over their lifecycle, including 370 models for new energy vehicles projected to generate CNY 965 million[63]. Corporate Governance - The board of directors consists of 7 members, including 3 independent directors, complying with legal and regulatory requirements[116]. - The company has established a performance evaluation and incentive system linking executive compensation to business performance, ensuring transparency in senior management appointments[118]. - The company has refined its internal control systems in response to regulatory changes, enhancing governance and operational compliance[114]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations[122]. - The company has established a comprehensive corporate governance structure and internal control system to ensure fair and transparent treatment of all shareholders[194]. Environmental Responsibility - The company emphasizes environmental protection and sustainable development, focusing on energy conservation and resource utilization to achieve economic and social benefits[196]. - The company has implemented measures to reduce carbon emissions, such as adjusting air conditioning settings and optimizing production schedules to lower energy consumption[192]. - The company has established an emergency response plan for environmental incidents, ensuring rapid and effective response capabilities[187]. - The company has obtained all necessary environmental permits and approvals for its operations[185]. - The company has been penalized for environmental compliance issues, including a fine of CNY 30,000 for non-compliance with sampling platform regulations[189]. Employee Development - The company conducted a total of 45 training sessions in 2021, with 1,428 participants, aimed at enhancing employee skills and management levels[161]. - The company provides a good working environment and career development opportunities for employees, supported by various incentive programs[194]. - The total number of employees at the end of the reporting period was 2,512, with 992 in the parent company and 1,520 in major subsidiaries[159]. - The company has no retired employees requiring financial support[159]. - The performance management system is based on unit assessments, with each unit responsible for achieving specific performance indicators[160].

Financial Performance - The company's operating revenue for the third quarter was ¥355,472,420.76, a decrease of 14.58% compared to the same period last year[4]. - The net profit attributable to shareholders was ¥7,658,007.59, down 80.25% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,273,190.90, a decline of 82.92% compared to the previous year[4]. - The basic earnings per share were ¥0.0108, down 79.15% from the same period last year[5]. - The net profit for the quarter was CNY 64,749,944.19, a decrease of 21.8% from CNY 82,817,863.75 in the previous year[36]. - The company reported a basic and diluted earnings per share of CNY 0.0911, down from CNY 0.1106 in the previous year[37]. Cash Flow - The cash flow from operating activities was ¥35,108,298.00, a decrease of 76.00% year-on-year[5]. - The cash flow from operating activities increased to CNY 1,255,953,007.68, compared to CNY 1,031,785,277.63 in the same period last year, showing a growth of 21.8%[38]. - Total cash inflow from operating activities amounted to CNY 1,306,141,049, while cash outflow was CNY 1,271,032,751, resulting in a net cash inflow of CNY 35,108,298[39]. - The net increase in cash and cash equivalents was CNY -32,509,948.71, compared to an increase of CNY 163,081,351.67 in the previous year[40]. - The ending balance of cash and cash equivalents was CNY 140,396,322.20, down from CNY 298,283,354.85 at the end of Q3 2020[40]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,459,644,994.65, a decrease of 0.37% from the end of the previous year[5]. - The company's total assets were CNY 2,459,644,994.65, slightly down from CNY 2,468,829,903.32 at the end of the previous quarter[33]. - The total liabilities decreased to CNY 565,793,266.36 from CNY 639,728,119.22, indicating a reduction of approximately 11.5%[33]. - The total non-current assets were CNY 1,183,034,907.51, a decrease from CNY 1,239,550,109.00[33]. Current Assets - As of September 30, 2021, the company's total current assets amounted to CNY 1,276,610,087.14, an increase from CNY 1,229,279,794.32 at the end of 2020, reflecting a growth of approximately 3.3%[30]. - The company's cash and cash equivalents increased to CNY 317,396,592.06 from CNY 202,011,941.98, representing a growth of about 57.2%[31]. - Accounts receivable increased by 122.01% due to more bank acceptance bills used for payment[10]. - Accounts receivable decreased to CNY 234,972,868.08 from CNY 331,303,966.32, indicating a decline of approximately 29.0%[31]. - Inventory rose to CNY 409,698,625.32 from CNY 373,358,836.62, showing an increase of around 9.7%[31]. - The company reported a significant increase in prepayments, rising to CNY 39,062,291.12 from CNY 14,303,685.50, a growth of approximately 172.5%[31]. Shareholder Information - The company’s controlling shareholder, Wang Zhifang, holds 212,588,742 shares, representing 29.89% of the total share capital[29]. - The total number of restricted shares at the end of the period was 241,757,339, with 159,441,556 shares released from restriction during the period[28]. - The company plans to release 25% of the restricted shares annually for certain executives[28]. - The company has engaged in the acquisition of a 40% stake in Hebei Xinou, which is reflected in the restricted shares held by related parties[28]. Expenses - The company reported a 34.15% decrease in selling expenses compared to the same period last year[19]. - Research and development expenses for the quarter were CNY 48,213,052.88, up from CNY 44,939,346.10, marking an increase of 5.1%[36]. Audit and Reporting - The company did not undergo an audit for the Q3 2021 report[41]. - The report does not apply to the new leasing standards for the year 2021[41]. - The board of directors announced the Q3 2021 report on October 26, 2021[43].