证券代码：300407 证券简称：凯发电气 天津凯发电气股份有限公司投资者关系活动记录表 编号：2016-008 | --- | --- | --- | |------------------|---------------------------------|----------------------------------------------------| | | | | | | ■ | 特定对象调研 □分析师会议 | | 投资者关系活动类 | □ | 媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | 别 | □ | 现场参观 □一对一沟通 | | | | □其他（请文字说明其他活动内容） | | 参与单位名称及人 | 东方证券 周丹 | | | | | | | 员姓名 | 华创证券 鲁佩 农银汇理基金 周瑜 | | | 时间 | 2016 年 12 月 | 日下午 14：00-16：00 | | 地点 | 凯发电气股份有限公司 | | | | 蔡登明（董事会秘书） | | | 上市公司接待人员 | 张磊 （证券助理） | | | 投资者关系活动主 | | 本次会议，东方证券 ...

证券代码：300407 证券简称：凯发电气 天津凯发电气股份有限公司投资者关系活动记录表 编号：2017-001 | --- | --- | --- | |-------------------------|---------------|---------------------------------| | | | | | | ■ | 特定对象调研□分析师会议 | | 投资者关系活动类 | □ | 媒体采访□业绩说明会 | | | □ | 新闻发布会□路演活动 | | 别 | □ | 现场参观 □ 一对一沟通 | | | □ | 其他（请文字说明其他活动内容） | | 参与单位名称及人 员姓名 | | 渤海证券 伊晓奕 | | | | | | 时间 | 2017 年 9 | 月 6 日下午 14：00-16：00 | | 地点 | | 凯发电气股份有限公司 | | | | 蔡登明（董事会秘书） | | | | 陈波 （副部长） | | 上市公司接待人员 | | 王瑞瑾（证券事务代表） | | | | 张磊 （证券助理） | | --- | --- | |------------------|------- ...

证券代码：300407 证券简称：凯发电气 天津凯发电气股份有限公司投资者关系活动记录表 | --- | --- | --- | |------------------|---------------------------------|------------------------------------------------| | | | | | | ■ | 特定对象调研 □分析师会议 | | 投资者关系活动类 | □ 媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | 别 | □ | 现场参观 □一对一沟通 | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及人 | 中信证券股份有限公司 王亚男 | | | 员姓名 | 中信证券股份有限公司 余经纬 | | | 时间 | 2019 年 9 月 4 日下午 | 02:00- 4:00 | | 地点 | 天津凯发电气股份有限公司 | | | | 蔡登明（董事会秘书） | | | | 赵一环（财务负责人） | | | 上市公司接待人员 | 王瑞瑾（证券事务代表） | | | | 张 磊 （证券助理） | | ...

证券代码：300407 证券简称：凯发电气 天津凯发电气股份有限公司投资者关系活动记录表 编号：2017-002 | --- | --- | --- | |------------------|------------------------------|------------------------------------------------| | | | | | | ■ | 特定对象调研 □分析师会议 | | 投资者关系活动类 | □ | 媒体采访 □业绩说明会 | | | □ | 新闻发布会 □路演活动 | | 别 | □ 现场参观 | □ 一对一沟通 | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及人 | 长江证券 姚远 | | | | 中欧基金 汤杰 | | | 员姓名 | 恒兴金融 王逾欧 | | | 时间 | 2017 年 12 月 | 日 下午 14：00 | | 地点 | | 天津凯发电气股份有限公司会议室 | | | 王伟（总经理） | | | 上市公司接待人员 | 蔡登明（董事会秘书） | | | | 彭蒙歌（投资者关系管理专员） | | | 投资者关系 ...

证券代码：300407 证券简称：凯发电气 编号：2019-003 | --- | --- | --- | --- | --- | --- | |------------------|--------------------------------------------------------------------|-------|----------------------------|--------------------------------------------------|-------------------------------------------------------------------------------| | | ■ 特定对象调研 | □ | 分析师会议 | | | | | □ 媒体采访 | □ | 业绩说明会 | | | | 投资者关系活动类 | □ 新闻发布会 | □ | 路演活动 | | | | 别 | □ 现场参观 | □ | 一对一沟通 | | | | | □ 其他 | | （请文字说明其他活动内容） | | | | 参与单位名称及人 | 渤海证券股份有 ...

证券代码：300407 证券简称：凯发电气 天津凯发电气股份有限公司投资者关系活动记录表 编号：2019-001 | --- | --- | --- | |------------------|-----------------------------------|----------------| | | | | | | R 特定对象调研 £分析师会议 | | | | □媒体采访 □业绩说明会 | | | 投资者关系活动类 | □ 新闻发布会 □路演活动 | | | 别 | □现场参观 □ | 一对一沟通 | | | □ 其他 （请文字说明其他活动内容） | | | 参与单位名称及人 | 上海集元资产管理有限公司 朱彦頔 | | | 员姓名 | 华商基金管理有限公司 杨志栋 | | | 时间 | 2019 年 3 月 15 日下午 | 14： 00-16：00 | | 地点 | 凯发电气股份有限公司 | | | 上市公司接待人员 | 王伟（总经理） | | | | 蔡登明（董事会秘书） | | | --- | --- | --- | |------------------|----------------- ...

天津凯发电气股份有限公司 2022 年第三季度报告 证券代码：300407 证券简称：凯发电气 公告编号：2022-054 天津凯发电气股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完 整。 3.第三季度报告是否经过审计 □是否 一、主要财务数据 （一）主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 443,396,909.20 | 7.53% | 1,123,332,632.57 | 3.15% | | 归属于上 ...

证券代码：300407 证券简称：凯发电气公告编号：2022-047 债券代码：123014 债券简称：凯发转债 天津凯发电气股份有限公司 关于参加"2022 年度天津辖区上市公司半年报业绩说明会与投资 者网上集体接待日"活动的公告 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。 天津凯发电气股份有限公司（以下简称"公司"）于 2022 年 8 月 26 日发布 了《天津凯发电气股份有限公司 2022 年半年度报告》。为便于广大投资者更深入 全面地了解公司情况，公司定于 2022 年 09 月 06 日（周二）13:40-16:40 参加由 天津证监局主办、天津上市公司协会与深圳市全景网络有限公司协办的"2022 年 度天津辖区上市公司半年报业绩说明会与投资者网上集体接待日"活动，现将有 关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" （ http://rs.p5w.net）参与本次互动交流。网上互动交流时间为 2022 年 09 月 06 日（星期二）下午 15:00-16:30。届时，公司董事长、总经理、财务总监和董事会 秘书 ...

Financial Performance - The company's gross profit margins for 2019, 2020, 2021, and the first half of 2022 were 22.67%, 23.44%, 25.69%, and 23.36% respectively, indicating a potential risk of margin decline due to competitive pressures in overseas markets [8]. - The company's operating revenue for the first half of 2022 was approximately ¥679.94 million, representing a slight increase of 0.48% compared to the same period last year [27]. - The net profit attributable to shareholders was a loss of approximately ¥13.28 million, a significant decline of 878.98% year-on-year [27]. - The net cash flow from operating activities was negative at approximately ¥170.86 million, worsening by 159.26% compared to the previous year [27]. - The total assets at the end of the reporting period were approximately ¥2.80 billion, a decrease of 1.12% from the end of the previous year [27]. - The company's basic earnings per share for the reporting period was -¥0.04, reflecting a decrease of 900% compared to the previous year [27]. - The company's total operating revenue for the first half of 2022 was ¥679,935,723.37, a slight increase of 0.48% compared to ¥676,656,083.10 in the same period last year [49]. - The company's total liabilities included accounts payable of CNY 306,520,684.67, down from CNY 348,913,462.50 [143]. - The company's total equity as of June 30, 2022, was CNY 1,171,290,490.29, down from CNY 1,189,683,310.08 at the beginning of the year, indicating a decrease of approximately 1.5% [148]. Accounts Receivable and Inventory - As of June 30, 2022, the company's accounts receivable amounted to 638.20 million RMB, representing 22.81% of total assets, highlighting a risk of bad debt losses as the business scales [9]. - The company's accounts receivable have shown a steady increase over the years, with values of 625.95 million RMB, 659.92 million RMB, 670.51 million RMB, and 638.20 million RMB for the years ending December 31 from 2019 to 2022 [9]. - The company's inventory increased to ¥685,564,991.75, representing 24.50% of total assets, up from 20.39% last year [53]. - The company's inventory increased to CNY 441,326,939.57, significantly higher than CNY 298,919,493.17 at the beginning of the year, representing an increase of about 47.5% [147]. Investment and R&D - The company plans not to distribute cash dividends or issue bonus shares, indicating a focus on reinvestment rather than shareholder returns [11]. - The company has committed to increasing investment in new technologies and products to maintain profitability despite potential margin pressures [8]. - The company reported a total investment commitment of 34,989 million, with 1,624.7 million allocated for key equipment technology research and development projects [60]. - The company increased its R&D expenses by 5.5 million during the reporting period, focusing on enhancing its technological capabilities [60]. - The company has established a comprehensive product system focused on automation equipment for rail transit, supported by collaborations with universities and research institutions to accelerate the transformation of technological achievements into productivity [42]. Market Position and Competition - The company has strengthened its technical capabilities and product offerings, becoming a significant player in the rail transit equipment manufacturing industry [7]. - The company faces intensified competition in the rail transit equipment sector, which may impact market share if it fails to innovate [6]. - The rail transit industry is expected to maintain a large investment scale, which may provide growth opportunities for the company [7]. - The company has participated in over 100 conventional railway construction projects, 60 high-speed railway projects, and more than 120 urban rail transit projects, establishing a leading market position in the industry [44]. Governance and Management - The company has maintained a stable governance structure with no changes in board members or senior management during the reporting period [77]. - The company has a strong management team with nearly 20 years of experience in the electrical automation field, ensuring high stability and effective strategic planning [43]. - The company has developed a talent cultivation system that has successfully trained a large number of professionals familiar with rail transit, completing numerous key national engineering projects [43]. Financial Health and Cash Flow - The company's cash flow from operating activities was negative at -¥170,862,015.54, worsening by 159.26% compared to -¥65,903,375.45 last year, primarily due to project delays caused by the pandemic [49]. - The company reported a significant increase in financing activities, with net cash flow from financing activities reaching ¥47,172,069.05, a 897.27% increase compared to a net outflow of ¥5,916,701.52 last year [49]. - Cash and cash equivalents decreased by 3.24% to ¥518,821,362.84, down from ¥717,388,449.31 at the end of the previous year [53]. - The company's cash inflow from financing activities increased to CNY 114,658,644.16, up 52.7% from CNY 75,081,775.97 in the previous year [157]. Shareholder Information - The largest shareholder, Kong Xiangzhou, holds 17.57% of the shares, totaling 53,616,220 shares, with a decrease of 3,210,000 shares during the reporting period [118]. - China Railway Signal Group Co., Ltd. holds 12.02% of the shares, totaling 36,686,852 shares, with no changes during the reporting period [118]. - The total number of shares held by the top ten shareholders includes significant stakes from natural persons and state-owned entities, indicating a diverse ownership structure [118]. Future Outlook - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth [148]. - The overall performance outlook for the next fiscal year remains positive, with expected growth in user data and market share [165]. - The company is focusing on technological advancements to improve operational efficiency and product offerings [166].

Financial Performance - The company's operating revenue for 2021 was CNY 1,899,601,144.41, a decrease of 2.49% compared to CNY 1,948,167,895.94 in 2020[18] - The net profit attributable to shareholders for 2021 was CNY 67,384,823.55, down 20.88% from CNY 85,166,080.87 in 2020[18] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 57,488,308.17, a decrease of 30.54% compared to CNY 82,763,483.43 in 2020[18] - The net cash flow from operating activities was CNY 125,569,019.35, down 22.11% from CNY 161,207,347.36 in 2020[18] - The basic earnings per share for 2021 was CNY 0.22, a decrease of 21.43% from CNY 0.28 in 2020[18] - Total operating revenue for Q4 2021 reached ¥810,588,060.70, marking a significant increase compared to previous quarters[21] - The net profit attributable to shareholders for Q4 2021 was ¥47,550,940.63, showing a recovery from a loss in Q1 2021[21] - The company reported a net cash flow from operating activities of ¥223,425,019.37 in Q4 2021, indicating strong cash generation capabilities[21] Assets and Liabilities - The total assets at the end of 2021 were CNY 2,830,045,328.89, an increase of 5.36% from CNY 2,686,112,827.78 at the end of 2020[18] - The net assets attributable to shareholders at the end of 2021 were CNY 1,446,958,373.71, a slight increase of 0.50% from CNY 1,439,814,271.19 at the end of 2020[18] - The total amount of contracts in execution reached 37.37 billion yuan, with 15.25 billion yuan domestically and 22.13 billion yuan internationally[40] - As of December 31, 2021, accounts receivable amounted to 670.51 million yuan, representing 23.69% of total assets[101] Revenue Breakdown - Revenue from the railway sector increased by 4.44% to ¥1,249,749,002.30, accounting for 65.79% of total revenue[57] - Revenue from urban rail transit decreased by 13.84% to ¥640,918,790.96, representing 33.74% of total revenue[57] - The company's domestic revenue was ¥683,254,319.39, a decline of 2.75% from the previous year[59] - The overseas revenue was ¥1,216,346,825.02, a decrease of 2.35% compared to the previous year[59] Research and Development - The company increased its R&D investment to enhance product competitiveness, resulting in higher management and R&D expenses compared to the previous year[38] - R&D expenses rose by 9.32% to ¥95,503,120.12 in 2021, accounting for 5.03% of operating revenue, up from 4.48% in 2020[68] - The company aims to enhance its technological core competitiveness by increasing R&D investment and developing new products aligned with the "smart rail transit" and "dual carbon" goals[92] Market Position and Strategy - The company focuses on the rail transit sector, providing solutions for electrified railways and urban rail transit systems, with a strong emphasis on automation and control systems[30] - The company aims to enhance its market position by continuously developing new technologies and expanding its product offerings in the rail transit automation sector[30] - The company has been recognized as a national-level "specialized, refined, distinctive, and innovative" small giant enterprise, reflecting its strong brand and industry position[35] - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product offerings[115] Risk Management - The company has identified potential risks in its operations and outlined corresponding countermeasures in the management discussion section[4] - RPS's revenue is significantly impacted by the Ukraine crisis, with approximately 60% of its revenue coming from its wholly-owned subsidiary in Germany[50] - The company anticipates that the risk of project delivery delays due to the Ukraine crisis is relatively controllable, given the long execution cycles of most contracts[52] - RPS is actively increasing risk reserves in new bidding projects to account for potential supply chain disruptions[52] Governance and Compliance - The company has established a governance structure that includes a board of directors with 9 members, of which 3 are independent directors[106] - The company has implemented a comprehensive internal control system to enhance governance and ensure compliance with relevant laws and regulations[105] - The internal control system was evaluated as effective, with no significant deficiencies identified in financial reporting[148] - The company has established a complete and reasonable corporate governance structure and internal control system[154] Employee and Management - The total number of employees at the end of the reporting period was 1,470, with 396 in the parent company and 1,074 in major subsidiaries[133] - The company emphasizes a performance-oriented and competitive salary system, aiming to improve employee compensation continuously[134] - The management team remains stable, with no significant changes in senior leadership reported during the period[112] Profit Distribution - The company plans to distribute a cash dividend of CNY 0.229463 per 10 shares to all shareholders[4] - The total distributable profit for the year was 403,988,041.30 RMB, with the cash dividend accounting for 100% of the profit distribution[145] - The profit distribution policy mandates that cash dividends must be at least 10% of the distributable profits if the net cash flow from operating activities is sufficient[138] Future Outlook - The company aims for a revenue growth target of 10% for the upcoming fiscal year, driven by new product launches and market penetration strategies[115] - The company plans to establish a wholly-owned subsidiary, Tianjin Huakai Electric Co., Ltd., in April 2022, focusing on high-power power electronics technology applications in rail transit and new energy sectors[93] - The company expects to achieve a total urban rail transit operating mileage of around 10,000 kilometers by the end of the "14th Five-Year Plan" period[91]