Financial Performance - The company's revenue for Q1 2023 was ¥1,048,709,008.10, representing a 16.79% increase compared to ¥897,932,759.85 in the same period last year[5] - The net profit attributable to shareholders was -¥24,260,954.55, a decrease of 798.67% from ¥3,472,428.52 year-on-year[5] - Total operating revenue for Q1 2023 reached ¥1,048,709,008.10, an increase of 16.8% compared to ¥897,932,759.85 in Q1 2022[19] - Total operating costs for Q1 2023 were ¥1,085,839,922.63, up 20.2% from ¥903,363,371.40 in the same period last year[19] - Net loss for Q1 2023 amounted to ¥24,467,550.28, compared to a net profit of ¥3,219,312.37 in Q1 2022[20] - The company's total assets decreased slightly to ¥4,212,752,783.11 from ¥4,230,050,054.85 year-over-year[19] - The total equity attributable to shareholders of the parent company was ¥1,476,863,456.93, a slight increase from ¥1,474,406,848.54 year-over-year[19] - Other comprehensive income after tax for Q1 2023 was ¥25,698,378.01, compared to -¥11,130,580.42 in the same period last year[20] Cash Flow - The net cash flow from operating activities increased by 144.03% to ¥101,282,105.21, up from ¥41,504,178.12 in the previous year[5] - Cash flow from operating activities increased to ¥1,105,354,663.77, compared to ¥963,794,840.60 in Q1 2022[22] - Total cash inflow from operating activities amounted to CNY 1,124,035,030.96, compared to CNY 975,890,707.27 in the previous year, indicating a year-over-year increase of 15.2%[23] - Cash outflow from operating activities was CNY 1,022,752,925.75, up from CNY 934,386,529.15, reflecting an increase of 9.4%[23] - The net cash flow from investing activities was -CNY 47,074,298.49, worsening from -CNY 29,277,618.52 in Q1 2022[23] - Cash inflow from financing activities totaled CNY 204,931,173.51, down from CNY 300,210,374.84, a decrease of 31.7%[23] - The net cash flow from financing activities was -CNY 42,932,906.49, compared to -CNY 51,342,560.89 in the same quarter last year, showing an improvement of 16.8%[23] - The ending cash and cash equivalents balance was CNY 412,451,244.72, up from CNY 95,904,985.94 at the end of Q1 2022[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,212,752,783.11, a slight decrease of 0.41% from ¥4,230,050,054.85 at the end of the previous year[5] - Total liabilities decreased to ¥2,721,999,457.07 from ¥2,741,549,367.11 in the previous year[19] - As of March 31, 2023, the company's total current assets amounted to CNY 2,215,831,603.53, a decrease from CNY 2,248,591,575.33 at the beginning of the year, reflecting a decline of approximately 1.5%[17] - The company's cash and cash equivalents decreased to CNY 530,662,412.16 from CNY 571,832,561.62, representing a decline of about 7.2%[17] - Accounts receivable decreased to CNY 584,722,963.84 from CNY 659,333,631.93, indicating a reduction of approximately 11.3%[17] - Inventory increased to CNY 823,772,943.50 from CNY 776,646,819.30, showing an increase of about 6.1%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,477, with the largest shareholder holding 19.17% of the shares[10] - The company reported a total of 5,496,896 shares of restricted stock released during the period, with no new additions, resulting in a total of 0 shares remaining as restricted[11] - The company has a total of 3,105,590 shares of restricted stock held by Liu Min, which were fully released during the period[12] - The total number of restricted shares released across various funds amounts to 1,000,000 shares, indicating a significant liquidity event for these investors[11][12] Strategic Initiatives and Outlook - The company continues to maintain a strong position in the market with a focus on strategic partnerships and investment management plans[11][12] - Future outlook remains positive with expectations of continued growth in shareholder value following the release of restricted shares[11][12] - The company is actively managing its capital structure to optimize shareholder returns[11][12] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[16] - The company is actively pursuing strategic initiatives, including potential mergers and acquisitions, to enhance its market position[16] - There are no indications of market expansion or acquisitions reported in this quarter[11][12] - The company has not reported any new product launches or technological advancements in this quarter[11][12]

| | | 债券代码：123011 债券简称：德尔转债 阜新德尔汽车部件股份有限公司 关于举行2022年年度报告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。 阜新德尔汽车部件股份有限公司（以下简称"公司"）定于2023年5月18日 （星期四）下午15:00-17:00在全景网举行2022年度业绩说明会，本年度业绩说 明会将采用网络远程的方式进行，投资者可登陆全景网"投资者关系互动平台" （http://ir.p5w.net）参与本次年度业绩说明会。 出席本次年度业绩说明会的人员有：公司总经理高国清先生、董事会秘书韩 颖女士、财务总监张锋先生、独立董事耿慧敏女士、保荐代表人陆郭淳先生。 为充分尊重投资者、提升交流的针对性，现就公司2022年度业绩说明会提前 向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于2023年5月 16日（星期二）15：00前访问 http://ir.p5w.net/zj/，或扫描下方二维码，进 入问题征集专题页面。公司将在2022年度业绩说明会上，对投资者普遍关注的问 题进行回答。 欢迎广大投资者积极参 ...

证券代码：300473 证券简称：德尔股份 阜新德尔汽车部件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 | □ | 媒体采访 □业绩说明会 | | | 类别 | □ 新闻发布会 □路演活动 | | | | | ■ 现场参观 □其他 | ( | ) | | 参与单位名称及 | 广发证券：闫俊刚 | | | | 人员姓名 | 广发证券：乔恒顺 | | | | | 广发证券：王佳星 | | | | | 东吴人寿：张剑鑫 | | | | | 工银瑞信：谭旭 | | | | | 盈峰资本：刘东渐 | | | | | 华创证券：赵佳 | | | | | 新华基金：曾啸天 | | | | | 标朴投资：陈玮毅 | | | | | 益民基金：李志博 | | | | | 长城证券：李金锦 | | | | --- | --- | |--- ...

证券代码：300473 证券简称：德尔股份 编号：2017-001 阜新德尔汽车部件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 | | | □ 媒体采访 □业绩说明会 | | | 投资者关系活动 | □ 新闻发布会 □路演活动 | | | 类别 | □ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 广发证券：闫俊刚 | | | 人员姓名 | 平安资管：金立 | | | | 国投瑞银：马柯 | | | | 华宝兴业：唐霄鹏 | | | | 华泰柏瑞：郝雪梅 | | | | 新华基金：曾啸天 | | | | 华夏基金：连骁 | | | | 国海富兰克林：朱旭光，杜飞 | | | | 华富基金：朱程辉 | | | | 银华基金：刘一隆 | | | | 景顺长城：胡晓露 | | | | 交银施罗德：杨芝廷 | | | ...

Group 1: Company Overview - Del's main products include electric hydraulic pumps and automatic transmission oil pumps, with significant clients such as Chrysler and SAIC Commercial Vehicle [3][4][6]. - The company has established itself as a leading supplier in the electric hydraulic pump market since 2012, competing primarily with ZF and JTEKT [3][4]. Group 2: Competitive Advantages - Del's electric hydraulic pumps are among the few that can be supplied in bulk globally, enhancing its competitive edge [3][4]. - The company leverages over a decade of experience in power steering pumps to maintain a leading position in the automatic transmission oil pump sector [4][6]. Group 3: Market Expansion and Future Growth - The acquisition of Cactus has allowed Del to retain its management team while implementing KPI assessments to motivate staff and enhance collaboration [5]. - Cactus, with only a 5% market share in China, is expected to expand its presence through local production and new factories in the U.S. and Mexico [5][6]. - Del aims to maintain growth in electric hydraulic pumps and transmission oil pumps by focusing on trends like electrification and lightweight design [6][7].

证券代码：300473 证券简称：德尔股份 阜新德尔汽车部件股份有限公司投资者关系活动记录表 编号：2021-002 | --- | --- | --- | |-----------------------|--------------------------------------------------------------------------------------------|--------------------------------------------------------------| | 投资者关系活动 \n类别 | 特定对象调研 □分析师会议 \n□媒体采访 □业绩说明会 \n□新闻发布会 □路演活动 \n□现场参观 □其他 | () | | | | 光大证券：邵将 光大证券：方钰涵 | | 参与单位名称及 | | 融通基金：陈旭 本正投资：杨彦曦 | | 人员姓名 | 嘉和远达资本：李锐 | | | 时间 | 2021 年 6 月 2 日 | 10:00-12:00 | | 地点 | 上海子公司会议室 | | | 上市公司接待 人员姓名 | 董事会秘书：韩颖 德国子公司 C ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,011,438,158.68, representing a 22.34% increase year-over-year[4] - The net profit attributable to shareholders was a loss of ¥13,147,458.79, a decrease of 34.35% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥21,394,706.02, down 47.32% year-over-year[4] - The company reported a basic earnings per share of -¥0.0938, a decrease of 29.38% year-over-year[4] - Total operating revenue for the period reached CNY 2,918,686,055.62, an increase of 6.2% compared to CNY 2,747,702,871.32 in the previous period[21] - The company reported a net loss of CNY 43,256,763.70, compared to a net profit of CNY 31,535,709.07 in the same period last year[23] - The gross profit margin decreased, with operating profit showing a loss of CNY 38,929,881.14, down from a profit of CNY 42,671,934.81[21] - Basic and diluted earnings per share were both reported at -0.3031, a decline from 0.2416 in the previous period[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,064,797,190.61, an increase of 8.68% from the end of the previous year[4] - As of September 30, 2022, total assets reached RMB 5,064,797,190.61, an increase from RMB 4,660,433,598.71 at the beginning of the year, reflecting a growth of approximately 8.67%[19] - The total liabilities increased to CNY 2,733,142,144.26 from CNY 2,528,380,590.09, marking a growth of 8.1%[20] - The company's total equity rose to CNY 2,331,655,046.35, compared to CNY 2,132,053,008.62, indicating an increase of 9.4%[20] Cash Flow - The cash flow from operating activities for the first nine months was ¥94,294,846.69, an increase of 180.41% compared to the same period last year[10] - The net cash flow from operating activities for the period was ¥94,294,846.69, compared to a negative cash flow of ¥117,274,477.34 in the previous period, indicating a significant improvement[24] - Total cash inflow from operating activities was ¥2,959,252,532.29, up from ¥2,697,322,460.53 in the previous period, reflecting a growth of approximately 9.7%[24] - Cash outflow from operating activities totaled ¥2,864,957,685.60, slightly increased from ¥2,814,596,937.87, resulting in a net cash flow from operations of ¥94,294,846.69[24] - The cash flow from investing activities was negative at -¥118,458,224.02, a slight increase in negative cash flow compared to -¥117,079,775.64 in the previous period[25] - Cash inflow from financing activities was ¥1,238,541,110.46, marginally up from ¥1,232,304,344.30, indicating stable financing operations[25] - The net cash flow from financing activities increased to ¥191,707,624.21 from ¥142,190,787.97, showing improved financing efficiency[25] - The ending balance of cash and cash equivalents was ¥322,702,754.06, significantly higher than ¥94,627,124.77 in the previous period, indicating strong liquidity[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,769[12] - The company issued 15,527,950 new shares through a simplified procedure for specific investors, with a lock-up period of 6 months starting from August 18, 2022[17] Strategic Initiatives - The company plans to utilize the funds raised from the stock issuance for operational and strategic initiatives, as approved in the board meetings held in May and July 2022[16] - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the provided documents[16] - The company is exploring market expansion opportunities, as indicated by the strategic discussions in the board meetings[16] - The company plans to focus on market expansion and new product development to improve future performance[21] Inventory and Receivables - Accounts receivable rose to RMB 745,426,982.25, up from RMB 663,091,207.17, indicating an increase of about 12.4%[18] - Inventory levels increased to RMB 885,543,182.89 from RMB 774,727,517.79, marking a rise of approximately 14.3%[19] Borrowings - Short-term borrowings decreased to RMB 321,433,402.73 from RMB 410,734,512.57, a reduction of about 21.7%[19] - The company reported a cash inflow of ¥694,057,214.98 from borrowings, an increase from ¥614,473,675.23, indicating a reliance on debt financing[25] Other Comprehensive Income - Other comprehensive income after tax was CNY 10,997,998.43, a significant recovery from a loss of CNY -86,818,977.62 in the previous period[23] Cash and Cash Equivalents - The company experienced a 106.13% increase in cash and cash equivalents at the end of the reporting period, totaling ¥501,391,500[9] - The company's cash and cash equivalents increased to RMB 501,391,483.01 from RMB 243,244,400.27, representing a growth of 106.5%[18] - The impact of exchange rate changes on cash and cash equivalents was positive at ¥28,021,513.27, compared to ¥8,744,045.20 in the previous period, contributing to cash growth[25]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,907,247,896.94, a decrease of 0.72% compared to ¥1,920,987,555.28 in the same period last year[21]. - The net profit attributable to shareholders was -¥28,264,815.05, representing a decline of 170.44% from ¥40,126,074.40 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was -¥35,501,434.02, a decrease of 218.80% compared to ¥29,884,153.36 in the same period last year[21]. - The basic earnings per share were -¥0.2095, down 163.12% from ¥0.3319 in the same period last year[21]. - The diluted earnings per share were also -¥0.2095, reflecting the same decline of 163.12% compared to the previous year[21]. - The weighted average return on equity was -1.35%, a decrease of 3.33% from 1.98% in the previous year[21]. - The company reported a net loss from investment income of CNY -1,349,975.57, accounting for -5.48% of total profit[58]. - The company reported a comprehensive loss of CNY 39,403,037.41 for the first half of 2022, compared to a loss of CNY 13,530,401.53 in the same period of 2021[176]. - The net profit for the first half of 2022 was a loss of CNY 30,615,525.21, compared to a profit of CNY 42,409,675.41 in the first half of 2021[175]. Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥118,759,489.06, a significant increase of 219.51% from -¥99,375,271.11 in the previous year[21]. - The company's cash and cash equivalents increased by 143.92% to CNY 20,454,174.45, indicating a substantial improvement in operational cash flow[54]. - The company's cash flow from operating activities was not detailed in the provided documents, indicating a need for further analysis on liquidity[177]. - The cash and cash equivalents at the end of the first half of 2022 amounted to approximately ¥147.59 million, an increase from ¥131.48 million at the end of the first half of 2021[183]. - The net cash flow from investment activities was -101,908,651.30 CNY, an improvement from -315,818,950.58 CNY in the previous period, indicating a reduction in cash outflow by approximately 67.7%[185]. - The total cash inflow from financing activities was 618,078,091.68 CNY, down 33.3% from 926,026,830.73 CNY in the prior period[185]. - The net cash flow from financing activities was 24,898,279.25 CNY, a significant decrease of 93.8% compared to 404,447,238.93 CNY in the previous period[185]. - The net increase in cash and cash equivalents for the period was 21,326,050.21 CNY, up from 13,771,420.22 CNY, representing a growth of 55.7%[185]. Market and Industry Trends - In the first half of 2022, the domestic automotive market produced 1,211.7 million vehicles and sold 1,205.7 million vehicles, representing a year-on-year decline of 3.7% and 6.6% respectively[29]. - New energy vehicles (NEVs) achieved production and sales of 266.1 million and 260 million units, respectively, marking a year-on-year growth of 120% and capturing a market share of 21.6%[29]. - The global automotive market is projected to produce 5,570 million vehicles in 2022, reflecting a growth of 6.1% compared to 2021[29]. - The automotive industry is facing challenges such as supply shocks and demand contraction, but recovery efforts are underway, with production levels returning to normal[29]. - The company anticipates that the domestic automotive market growth will align closely with GDP growth rates moving forward[29]. Research and Development - The company is focusing on the development of new technologies and products to enhance competitiveness in the evolving automotive landscape[30]. - The company has a strong R&D team with over 200 professionals, including 16 PhDs, focusing on diverse fields such as thermal insulation, noise reduction, and lightweight materials, which enhances product reliability and competitiveness[47]. - Research and development investment remained stable at CNY 111,839,216.09, reflecting a slight increase of 0.25% year-on-year[54]. - The company is focusing on research and development in key areas such as acoustics, thermodynamics, materials science, and electromagnetic shielding technology[44]. - The company has developed specialized products for electric vehicles, including battery fire protection covers and electromagnetic shielding covers, enhancing safety performance[36]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company aims to strengthen its market share in electric pumps, motors, and mechanical pumps while expanding into international markets[40]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[191]. - The company plans to continue innovating and expanding its product applications in the new energy vehicle sector[41]. - The company aims to improve operational efficiency by implementing new manufacturing technologies[191]. Shareholder and Equity Information - The company has issued 15,527,950 new shares on August 18, 2022, with a lock-up period of 6 months[130]. - The company’s total share capital increased to 134,919,498 shares after the issuance of new shares[134]. - The largest shareholder, Liaoning Deler Industrial Co., Ltd., holds 21.38% of the shares, totaling 28,839,842 shares, which are pledged[140]. - The company’s shareholding structure shows that 98.15% of shares are unrestricted, totaling 134,025,135 shares[134]. - The company has not declared any cash dividends or stock bonuses for the reporting period, focusing on reinvestment[99]. Operational Challenges - The company faced significant challenges due to the COVID-19 pandemic, impacting operations in regions like China, Europe, and North America, leading to a decline in performance[90]. - Global supply chain issues, particularly the semiconductor shortage, continued to affect the automotive industry, further impacting Carcousti's revenue[90]. - The ongoing US-China trade tensions have resulted in additional tariffs on exports, significantly affecting the company's profitability since 2018[93]. Corporate Governance and Compliance - The company has not engaged in entrusted financial management, derivative investments, or entrusted loans during the reporting period[84][85][86]. - There were no significant asset or equity sales during the reporting period[87]. - The company has not faced any major environmental penalties or issues during the reporting period, maintaining compliance with environmental regulations[103]. - The company emphasizes a "people-oriented" employment philosophy, strictly adhering to labor laws and regulations to protect employee rights[104].

Financial Performance - The company's operating revenue for 2021 was ¥3,663,844,900.34, representing an increase of 8.20% compared to ¥3,386,292,919.88 in 2020[20]. - The net profit attributable to shareholders in 2021 was ¥23,561,503.66, a significant turnaround from a loss of ¥422,805,340.24 in 2020, marking a 105.57% increase[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,889,863.53, compared to a loss of ¥436,082,860.44 in the previous year, reflecting a 102.96% improvement[20]. - The basic earnings per share for 2021 was ¥0.18, a recovery from a loss of ¥3.71 per share in 2020, indicating a 104.85% increase[20]. - The total assets at the end of 2021 amounted to ¥4,660,433,598.71, which is a 1.16% increase from ¥4,607,026,883.56 at the end of 2020[20]. - The net assets attributable to shareholders increased by 8.64% to ¥2,108,606,958.43 at the end of 2021, up from ¥1,940,911,947.62 in 2020[20]. - The company reported a total of ¥10.67 million in non-recurring gains for the reporting period, primarily from government subsidies and the reversal of impairment provisions[25]. - The company reported a total revenue of 2,792.48 million in the fiscal year 2021[118]. Cash Flow and Investments - The company reported a net cash flow from operating activities of ¥39,340,870.34, a decrease of 87.69% compared to ¥319,511,467.63 in 2020[20]. - The company raised a net amount of RMB 28,922.32 million through a stock issuance on May 18, 2021, with RMB 20,322.32 million allocated to the "Mechatronic Automotive Components Construction Project" to enhance product efficiency and energy-saving capabilities[41]. - The company reported a net increase in cash and cash equivalents of -¥50,909,550.67, a decline of 71.96% compared to the previous year[72]. - The company utilized a total of RMB 150,000,000 of idle raised funds to supplement working capital, with a usage period not exceeding 12 months[92]. - The company reported an investment loss of ¥8,503,678.51, primarily due to the write-off of the subsidiary Carcoustics Liechtenstein AG, accounting for -33.57% of total profit[73]. Market and Product Development - The automotive industry showed resilience in 2021, with China's vehicle production and sales increasing by 3.4% and 3.8% year-on-year, respectively, marking a recovery from three consecutive years of decline[29]. - New energy vehicles (NEVs) in China achieved production and sales of 3.55 million and 3.52 million units, respectively, representing a year-on-year growth of 160%, with a market penetration rate of 13.4%[30]. - The company maintains a leading position in the NVH (Noise, Vibration, and Harshness) and lightweight product sectors, serving major global automotive brands such as BMW and Daimler[32]. - The company plans to enhance its product line in the fields of hydrogen fuel cells and solid-state batteries, indicating a commitment to innovation and market expansion[32]. - The company is actively expanding its product applications in the new energy vehicle sector, with a focus on innovative products such as battery flame retardant covers and electromagnetic shielding covers[41]. Research and Development - The company has developed solid-state batteries and membrane electrode products, with samples provided to local Japanese customers for testing[33]. - The company has established a global R&D team with over 200 professionals, including 16 PhDs, focusing on diverse fields such as thermal insulation, noise reduction, and lightweight materials[49]. - The company invested ¥228,208,174.04 in R&D, representing 6.23% of total revenue, slightly up from 6.21% in the previous year[69]. - The company is committed to increasing investment in R&D projects to mitigate risks associated with customer development and product quality[101]. Corporate Governance - The company maintains strict compliance with corporate governance standards and operates independently from its controlling shareholder, ensuring no interference in decision-making or operations[110]. - The company has established a complete and independent business system, including procurement, production, sales, and R&D, with no financial or resource occupation by the controlling shareholder[112]. - The company emphasizes investor relations management, aiming to provide equal access to operational and future development information for investors[111]. - The company has a well-defined governance structure, including independent boards and committees, operating in accordance with legal and regulatory requirements[114]. Employee and Management - The total number of employees at the end of the reporting period was 4,071, with 1,419 in the parent company and 2,652 in major subsidiaries[140]. - The company emphasizes a performance-oriented compensation policy, linking employee salaries to overall company performance[142]. - The company has established a systematic training mechanism to enhance employee skills and adaptability to strategic adjustments[143]. - The company experienced a change in management with the appointment of Zhang Feng as the new CFO on December 7, 2021[119]. Risk Management - The company has faced various risk factors affecting its operations, which are detailed in the management discussion and analysis section of the report[6]. - The company is facing risks from supply chain pressures, including ongoing challenges with raw material prices and logistics costs[101]. - The company is committed to reducing costs and increasing efficiency amid rising raw material prices and freight costs, thereby improving profitability[41]. Dividend Policy - The company plans to distribute a cash dividend of ¥0.50 per 10 shares to all shareholders, based on a total of 134,918,958 shares[6]. - The cash dividend represents 100% of the total profit distribution amount, with a distributable profit of 111,775,864.15 CNY[147]. - The company proposed a cash dividend of 0.50 CNY per 10 shares, totaling 6,745,947.90 CNY for the year 2021[148].

Financial Performance - The company's revenue for Q1 2022 was ¥897,932,759.85, representing a decrease of 7.12% compared to ¥966,766,421.85 in the same period last year[5] - Net profit attributable to shareholders was ¥3,472,428.52, down 86.09% from ¥24,962,342.74 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥1,252,992.52, a decline of 93.86% from ¥20,407,715.33 in the previous year[5] - Basic and diluted earnings per share were both ¥0.0257, down 88.27% from ¥0.2191 in the previous year[5] - Net profit for Q1 2022 was CNY 3,219,312.37, a significant decline of 87.8% from CNY 26,399,121.27 in Q1 2021[21] - The total equity attributable to shareholders of the parent company was CNY 2,100,964,960.94, a decrease from CNY 2,108,606,958.43 year-over-year[19] - The company reported a comprehensive income total of CNY -7,911,268.05 for Q1 2022, compared to CNY -30,635,134.09 in the previous year[22] Cash Flow - The net cash flow from operating activities increased by 156.61% to ¥41,504,178.12, compared to a negative cash flow of ¥73,319,728.53 in the same period last year[5] - The net cash flow from operating activities for the current period is ¥41,504,178.12, compared to a loss of ¥73,319,728.53 in the previous period, indicating a significant improvement[24] - Total cash inflow from operating activities is ¥975,890,707.27, down from ¥1,004,348,913.40 in the previous period, reflecting a decrease of approximately 2.5%[24] - Cash outflow from operating activities totaled ¥934,386,529.15, a decrease of about 13.3% from ¥1,077,668,641.93 in the previous period[24] - Cash flow from investing activities shows a net outflow of ¥29,277,618.52, worsening from a net outflow of ¥22,751,220.10 in the previous period[24] - Cash inflow from financing activities decreased to ¥300,210,374.84 from ¥701,814,811.93, representing a decline of approximately 57.3%[24] - The net cash flow from financing activities is -¥51,342,560.89, compared to a positive cash flow of ¥81,162,824.92 in the previous period[24] - The ending balance of cash and cash equivalents is ¥95,904,985.94, down from ¥165,518,551.97 in the previous period[24] - The company received ¥6,754,386.96 in tax refunds, an increase from ¥4,041,360.43 in the previous period[24] - The company paid ¥198,737,841.04 in employee compensation, down from ¥226,002,902.19 in the previous period, indicating a reduction of approximately 12.1%[24] - The company reported a cash inflow of ¥214,219.50 from the disposal of fixed assets, a significant increase from ¥8,813.54 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,655,301,821.21, a slight decrease of 0.11% from ¥4,660,433,598.71 at the end of the previous year[5] - Shareholders' equity attributable to the parent company was ¥2,100,964,960.94, down 0.36% from ¥2,108,606,958.43 at the end of the previous year[5] - The company's total liabilities amounted to CNY 2,531,143,764.69, slightly up from CNY 2,528,380,590.09 in the previous year[19] - The total liabilities decreased to CNY 1,984,894,555.16 from CNY 2,000,000,000, indicating a reduction of approximately 0.8%[17] - The company reported a significant increase of 305.07% in long-term payables, reaching ¥66,121,700.00, primarily due to increased financing lease arrangements[8] - The company's accounts payable increased to CNY 740,786,680.02 from CNY 661,557,272.45 year-over-year, indicating a rise in short-term obligations[18] - The long-term borrowings stood at CNY 326,166,970.01, slightly down from CNY 330,429,053.15 in the previous year[18] Operational Highlights - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[13] - Research and development expenses increased to CNY 48,616,458.14, up from CNY 44,685,770.74 in the same period last year, reflecting a focus on innovation[20] - Total operating costs for Q1 2022 were CNY 903,363,371.40, down 3.2% from CNY 932,944,382.65 in the previous year[20] - The total number of ordinary shareholders at the end of the reporting period was 13,363[10] - The company reported a total of 2,494,363 shares under lock-up conditions for executives, with no shares released during the period[14] Current Assets - Current assets totaled CNY 1,984,894,555.16, showing an increase from CNY 1,949,036,097.75 at the beginning of the year[17] - The company's cash and cash equivalents decreased to CNY 161,135,338.29 from CNY 243,244,400.27, representing a decline of approximately 33.8%[16] - Accounts receivable stood at CNY 639,015,015.93, down from CNY 663,091,207.17, indicating a decrease of about 3.6%[16] - Inventory increased to CNY 892,294,043.05 from CNY 774,727,517.79, reflecting a growth of approximately 15.2%[17] - Short-term borrowings decreased to CNY 338,656,036.25 from CNY 410,734,512.57, a reduction of about 17.5%[17] - The company’s long-term equity investments remained unchanged, with a balance of CNY 29,549,559.50[17]