编号：2021-002 证券代码：300510 证券简称：金冠股份 吉林省金冠电气股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|--------------------------------|---------------------------------------------------------------| | | ■特定对象调研 □分析师会议 | | | | □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 | | | | 财通证券:龚斯闻 | | | 参与单位名称及 | 承风金平私募基金:余承 | | | 人员姓名 | 上海善照投资有限公司 | : 解茹 | | | 承风金平私募基金:费维俊 | | | 时间 | 2021 年 7 月 17 日 | | | 地点 | 公司子公司南京能瑞 | | | 上市公司接待人 员姓名 | | 副董事长、副总经理、董事会秘书：赵红云先生 | | | 运营情况 | 1、向调研人介绍了公司的 ...

吉林省金冠电气股份有限公司 2022 年第三季度报告 证券代码：300510 证券简称：金冠股份 公告编号：2022-038 吉林省金冠电气股份有限公司 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） | 308,710,106.27 | 21.38% | 765,560,747.62 | 17.39% | ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 15%[15]. - The net profit attributable to shareholders was RMB 80 million, up 20% compared to the same period last year[15]. - The company's operating revenue for the reporting period was ¥456,850,641.35, representing a 14.83% increase compared to ¥397,836,440.42 in the same period last year[21]. - The net profit attributable to shareholders decreased by 26.77% to ¥5,238,156.33 from ¥7,152,698.30 in the previous year[21]. - The total operating revenue for the first half of 2022 was CNY 456,850,641.35, an increase of 14.8% compared to CNY 397,836,440.42 in the same period of 2021[150]. - The net profit for the first half of 2022 was CNY 4,085,234.11, a decrease of 25.7% from CNY 5,504,528.67 in the first half of 2021[151]. - The total comprehensive income for the first half of 2022 was 7,001 million yuan, reflecting a decrease of 14.29 million yuan compared to the previous period[169]. Market Expansion and Strategy - The company plans to expand its market presence by increasing the number of charging stations by 30% by the end of 2023[15]. - The management has provided a performance guidance of 10-15% revenue growth for the second half of 2022[15]. - The company aims to enhance its technological capabilities and expand production capacity to improve product competitiveness[70]. - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[168]. - The company is exploring potential mergers and acquisitions to strengthen its market position[168]. Research and Development - Research and development expenses increased by 25% to RMB 50 million, focusing on new energy technologies and smart grid solutions[15]. - The company has launched a new V2X charging technology, which is expected to enhance charging efficiency by 40%[15]. - The company has developed a series of core technologies in the charging pile industry, including V2X charging technology and flexible intelligent charging technology, with 17 new intellectual property applications filed in the reporting period[41]. - The company has initiated research and development for new technologies aimed at improving operational efficiency[168]. Operational Challenges - The net cash flow from operating activities was negative at -¥185,700,003.83, a decline of 7.36% from -¥172,968,923.43 in the same period last year[21]. - The company faced negative impacts on its smart power equipment business due to severe COVID-19 situations in Changchun, where its production base is located[75]. - The company plans to take all possible measures to minimize the adverse effects of the pandemic on its operations[75]. Financial Management - The company will not distribute cash dividends for the current fiscal year, opting to reinvest profits into growth initiatives[4]. - The company's operating costs increased by 15.41% to ¥356,536,565.38 from ¥308,933,195.14 year-on-year[51]. - The company reported a significant increase in financial expenses, rising by 779.29% to ¥3,278,624.27 due to increased interest expenses compared to the previous year[51]. - The cash flow from financing activities increased by 245.05% to ¥86,362,167.79, primarily due to increased bank loans compared to the previous year[51]. Corporate Governance and Compliance - The company emphasizes the importance of high-level R&D talent and management personnel for its development[73]. - The company is committed to improving its governance structure and management systems to adapt to business expansion[74]. - The company has not engaged in any external guarantees that violate regulations during the reporting period[102]. - The semi-annual financial report has not been audited[103]. Social Responsibility - The company donated 500,000 RMB to the Changchun Red Cross Society for COVID-19 relief efforts, including 300,000 RMB in cash and 200,000 RMB worth of supplies[95]. - The company maintained 24-hour operations to produce emergency power supply equipment for makeshift hospitals within 48 hours of the outbreak[95]. - The company is committed to fulfilling its social responsibilities and contributing to the construction of a harmonious society[95]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,413,741,155.51, a 0.94% increase from ¥3,382,094,252.82 at the end of the previous year[21]. - The company's total equity increased slightly from 2.61 billion yuan to 2.62 billion yuan, a change of about 0.4%[145]. - The total liabilities rose from 770.6 million yuan to 798.1 million yuan, marking an increase of approximately 3.6%[145]. - The company's cash and cash equivalents decreased from 287.2 million yuan at the beginning of the year to 147.8 million yuan by June 30, 2022, representing a decline of approximately 48.5%[143]. Shareholder Information - The total number of shares after the recent changes is 828,623,861, with 99.23% being unrestricted shares[126]. - The largest shareholder, Luoyang Ancient Capital Asset Management Co., Ltd., holds 217,795,715 shares, representing 26.28% of total shares[128]. - The total number of shareholders at the end of the reporting period is 39,777[128]. - The company has not disclosed any significant impacts on financial metrics due to share changes[127].

Financial Performance - The company's operating revenue for Q1 2022 was ¥181,876,790.04, representing a 32.09% increase compared to ¥137,694,208.45 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥10,423,780.49, a decrease of 650.50% from a profit of ¥1,893,512.15 in the previous year[3] - The company's operating costs increased by 51.11% to ¥153,778,395.69, primarily due to rising costs associated with increased revenue[8] - Total operating revenue for Q1 2022 was CNY 181,876,790.04, an increase of 32.1% compared to CNY 137,694,208.45 in Q1 2021[22] - Total operating costs for Q1 2022 were CNY 199,985,905.27, up 34.3% from CNY 149,031,566.03 in the same period last year[22] - Net profit for Q1 2022 was a loss of CNY 11,222,134.34, compared to a profit of CNY 1,132,470.22 in Q1 2021, representing a significant decline[23] Cash Flow - The net cash flow from operating activities was -¥58,927,262.67, a decline of 38.92% compared to -¥42,417,525.97 in Q1 2021[8] - The company's cash flow from operating activities was CNY 199,530,192.82, compared to CNY 153,408,242.23 in the previous year[26] - The net cash flow from financing activities was 36,800,849.63 CNY, a significant improvement from -42,706,213.23 CNY in the previous year[28] - Cash outflow from operating activities totaled 292,935,620.60 CNY, compared to 245,553,057.17 CNY in the same quarter last year, indicating increased operational expenses[27] - The company received 34,441,353.95 CNY in cash related to operating activities, down from 49,461,764.33 CNY year-over-year, indicating a decrease in operational cash receipts[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,337,841,246.95, a decrease of 1.31% from ¥3,382,094,252.82 at the end of the previous year[3] - Total liabilities decreased to CNY 737,535,358.59 from CNY 770,566,230.12, a decline of 4.3%[20] - The company's total non-current liabilities increased slightly to CNY 77,314,822.07 from CNY 74,103,543.87[20] Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 41,244[11] - The largest shareholder, Luoyang Gudu Asset Management Co., Ltd., holds 26.28% of the shares, totaling 217,795,715 shares[11] Operational Challenges - The company has faced significant production constraints due to COVID-19 outbreaks, particularly affecting its Changchun R&D and production base[15] - The company plans to closely monitor the pandemic situation and take proactive measures to mitigate risks to its operations[15] Other Financial Metrics - The weighted average return on equity was -0.40%, down from 0.07% in the same period last year, indicating a significant decline in profitability[3] - The company recorded a non-recurring gain of ¥6,222,541.67, mainly from government subsidies related to its normal business operations[5] - Research and development expenses for Q1 2022 were CNY 9,943,935.53, an increase of 21.5% from CNY 8,182,395.88 in Q1 2021[22] - The basic and diluted earnings per share for Q1 2022 were both -0.0126, compared to 0.0023 in Q1 2021[24] - The company's retained earnings showed a deficit of CNY 665,130,343.26, worsening from a deficit of CNY 654,706,562.77 in the previous year[20]

吉林省金冠电气股份有限公司 2021 年年度报告全文 吉林省金冠电气股份有限公司 2021 年年度报告 2022-008 2022 年 04 月 1 吉林省金冠电气股份有限公司 2021 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 公司负责人谢灵江、主管会计工作负责人刘小乐及会计机构负责人(会计主 管人员)甘子英声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中涉及的未来发展规划和经营目标的相关陈述属于公司规划性事 务，不构成对投资者的实质承诺，敬请广大投资者注意投资风险。具体风险描 述详见本报告第三节、十一、公司未来发展的展望（四）"可能面临的风险及应 对措施"。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介和主要财务指标 9 | | 第三节 | 管理层讨论与 ...

Financial Performance - The company's revenue for the third quarter reached ¥254,334,763.20, an increase of 10.68% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥4,083,524.17, representing a significant increase of 117.33% year-on-year[3]. - Basic earnings per share were ¥0.0049, up 118.35% from the same period last year[3]. - The net profit for the third quarter of 2021 was ¥8,883,051.73, a significant improvement compared to a net loss of ¥66,871,375.14 in the same period last year[22]. - The total profit for the quarter reached ¥11,693,632.89, contrasting with a total loss of ¥61,885,196.39 in the previous year[22]. Cash Flow - The net cash flow from operating activities was reported at -¥218,599,888.03, a drastic decline of 2,020.60% compared to the previous year[3]. - Cash flow from operating activities showed a significant decline of 2,020.60%, resulting in a net outflow of CNY 218,599,888.03 due to increased bid deposits and reduced sales receipts[9]. - Cash and cash equivalents at the end of the period totaled ¥116,032,972.38, down from ¥214,676,176.50 at the end of the same quarter last year[26]. - The company incurred a total operating cash outflow of ¥821,323,837.57, compared to ¥646,542,550.64 in the previous year, reflecting an increase of approximately 27%[26]. - Investment activities resulted in a net cash outflow of -¥150,281,447.70, compared to -¥51,451,380.71 in the same period last year[26]. - Financing activities generated a net cash outflow of -¥3,819,066.46, an improvement from -¥30,081,353.96 in the previous year[26]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,267,263,819.92, reflecting a 1.75% increase from the end of the previous year[3]. - The company reported a 48.63% increase in accounts receivable, totaling ¥695,946,115.23, due to new sales[8]. - Inventory increased by 38.19% to ¥208,861,884.96, attributed to the rise in raw materials and finished goods[8]. - Long-term equity investments surged by 692.44% to ¥135,805,136.62, primarily due to investments in joint ventures[8]. - Total liabilities amounted to CNY 649,417,215.59, up from CNY 602,112,889.29, indicating an increase of about 7.5%[19]. - Non-current liabilities due within one year rose by 1,747.81% to CNY 37,000,000.00 as a result of the reclassification of long-term borrowings[9]. Expenses - Sales expenses decreased by 32.37% to CNY 47,630,880.28 primarily due to changes in the scope of consolidation after the disposal of Liao Yuan Hong Tu equity[9]. - Financial expenses dropped by 92.45% to CNY 995,404.07, attributed to a decrease in interest expenses and an increase in interest income[9]. - Total operating costs increased to CNY 672,398,755.77 from CNY 645,912,537.62 year-over-year[21]. Legal and Regulatory - The company is involved in a legal dispute regarding performance compensation related to Liao Yuan Hong Tu Lithium Battery Diaphragm Technology Co., Ltd, with a civil lawsuit filed on August 31, 2021[15]. - The third-quarter report for 2021 was not audited, which may affect the reliability of the reported figures[32]. Other Financial Metrics - The weighted average return on equity was 0.16%, a decrease of 0.98% compared to the previous year[3]. - The company recorded government subsidies amounting to ¥8,376,582.23 during the reporting period[6]. - The company reported a negative retained earnings of CNY -686,320,646.68, highlighting potential financial challenges[30].

Financial Performance - The company's operating revenue for the reporting period was CNY 397,836,440.42, representing a 20.99% increase compared to CNY 328,819,498.06 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was CNY 7,152,698.30, a significant turnaround from a loss of CNY 43,629,395.73, marking a 116.39% improvement[22]. - The net cash flow from operating activities was negative at CNY -172,968,923.43, worsening by 81.61% compared to CNY -95,243,032.27 in the previous year[22]. - The basic earnings per share increased to CNY 0.0086 from a loss of CNY -0.0494, reflecting a 117.41% improvement[22]. - Total assets at the end of the reporting period were CNY 3,154,311,239.41, a decrease of 1.77% from CNY 3,211,076,441.89 at the end of the previous year[22]. - The net profit after deducting non-recurring gains and losses was CNY -9,175,162.36, an improvement of 85.63% from CNY -63,838,201.69 in the previous year[22]. - The weighted average return on net assets was 0.27%, recovering from -1.50% in the same period last year[22]. - The company achieved operating revenue of 397,836,440.42 yuan, a year-on-year growth of 20.99%, and a net profit attributable to shareholders of 7,152,698.30 yuan, an increase of 116.39%[52]. Strategic Direction and Market Position - The company is focusing on the dual-driven strategy of "smart power + new energy," aiming to become a leader in smart electricity and green energy in China[28]. - The company has established itself as a mainstream supplier in the domestic smart grid and ubiquitous power IoT sectors, with core products including smart electrical equipment and smart meters[28]. - The company has actively responded to the national "3060" policy, accelerating its layout in related industries and gaining recognition from key customer groups[28]. - The company aims to become a leading "new energy centralized fast charging network operator" in China, focusing on providing high-power DC fast charging services to public transport, logistics, industrial parks, and large residential communities[30]. - Nanjing Enerui ranks among the top 15 in the country for the number of operational charging piles, establishing itself as a mainstream operator in the domestic market[30]. - The company is focusing on the development of V2X charging piles, which enable "bidirectional communication and energy transfer" for integrated energy applications[41]. - The company is enhancing its marketing strategy by focusing on major clients like the State Grid and Southern Power Grid, improving its competitive position[52]. Research and Development - The company has established a high-efficiency R&D and innovation system, continuously investing in R&D to meet market demands[58]. - In the field of smart electric meters, the company has developed IoT-based products, supporting nearly 30 million users' energy data collection[61]. - The company is actively expanding its energy storage market, focusing on core technology directions and product development in energy storage systems[63]. - The company has built a complete solution capability in smart grid and new energy charging infrastructure, providing customized solutions for various business scenarios[64]. - The company is focusing on increasing R&D investment in core technologies such as smart interconnection and orderly charging to maintain competitiveness in the smart grid and charging pile sectors[92]. Cash Flow and Financial Health - Net cash flow from operating activities dropped by 81.61% to -CNY 172,968,923.43, primarily due to increased production-related purchases and deposits[70]. - Net cash flow from investing activities decreased by 270.24% to -CNY 142,786,677.96, mainly due to investments in joint ventures[70]. - Net cash flow from financing activities fell by 265.35% to -CNY 59,540,113.78, attributed to a reduction in bank loans compared to the previous year[70]. - The net increase in cash and cash equivalents was -CNY 375,295,715.17, a decline of 283.81% due to the combined effects of operating, investing, and financing activities[70]. - The company reported a significant increase in non-operating income by 558.27% to CNY 888,725.17, mainly from gains recognized due to unpaid amounts[70]. Shareholder and Governance Matters - The company reported a plan not to distribute cash dividends or issue bonus shares for the current period[5]. - The financial report is guaranteed to be true, accurate, and complete by the company's management team[3]. - All board members attended the meeting to review the report[4]. - The report includes a comprehensive analysis of the company's governance and social responsibility[7]. - The company has established a compensation obligation for net profit shortfalls during the performance commitment period, with specific amounts outlined for each year[107]. - The company has outlined a structured approach for compensating shareholders in case of profit shortfalls, including cash and stock compensation mechanisms[108]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[104]. Operational Challenges - The company is facing specific risks, which are detailed in the report[5]. - The company has not reported any significant changes in its operational strategy or market expansion plans during the reporting period[104]. - The company has not disclosed any new product or technology developments in the current report[104]. - The company has not fulfilled the performance compensation obligations for the year 2020, with significant uncertainty regarding the compensation from the obligors[111]. Legal and Compliance - The company has not engaged in any significant related party transactions during the reporting period[120]. - The company has not undergone any bankruptcy reorganization during the reporting period[116]. - The company has not issued any non-standard audit reports for the current or previous periods[115]. - The controlling shareholder's assets amounting to approximately RMB 110.69 million have been frozen due to a legal dispute[119].

Financial Performance - The company's operating revenue for 2020 was ¥845,185,627.22, a decrease of 8.79% compared to ¥926,686,569.68 in 2019[19]. - The net profit attributable to shareholders in 2020 was ¥56,227,177.97, a significant increase of 104.67% from a loss of ¥1,204,944,280.51 in 2019[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥115,146,969.86, improving by 92.91% from -¥1,624,793,540.42 in 2019[19]. - The basic earnings per share for 2020 was ¥0.0637, compared to a loss of ¥1.3581 per share in 2019, marking an increase of 104.69%[19]. - The total assets at the end of 2020 were ¥3,211,076,441.89, down 17.83% from ¥3,907,819,868.73 at the end of 2019[19]. - The net assets attributable to shareholders decreased by 11.18% to ¥2,611,360,900.99 at the end of 2020 from ¥2,939,964,683.62 at the end of 2019[19]. - The net cash flow from operating activities for 2020 was ¥39,555,652.10, a decrease of 36.92% from ¥62,711,276.31 in 2019[19]. - The company reported a weighted average return on equity of 1.89% in 2020, recovering from -33.54% in 2019[19]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2020, representing a year-over-year increase of 10%[171]. - The net profit attributable to shareholders was 200 million RMB, which is a 15% increase compared to the previous year[186]. Dividend Policy - The company reported a plan not to distribute cash dividends, issue bonus shares, or increase share capital from reserves[5]. - The company did not distribute any cash dividends for the year 2020, 2019, or 2018 due to negative distributable profits[164]. - The cash dividend amount for 2020 was RMB 0.00, representing 0.00% of the total profit distribution[164]. - The company’s retained earnings as of December 31, 2020, were negative at RMB -686,320,646.68[159]. - The company has not proposed any cash dividend distribution plan for the past three years due to financial constraints[164]. Strategic Focus and Market Position - The company plans to focus on the development of low-power IoT and smart grid technologies to enhance market competitiveness[14]. - The company has shifted its focus from lithium battery separator business to smart grid equipment and new energy sectors, aiming to become a leader in smart power and green energy in China[28]. - The company is actively expanding its charging station network in key regions, including Henan, Jiangsu, and Beijing[135]. - The company aims to enhance its core competitiveness through continuous innovation, focusing on R&D investments in 5G base station construction, ultra-high voltage, and smart interconnected technologies[143]. - The company is positioned to benefit from the growing opportunities in the electric vehicle charging and battery swap sectors[140]. Risks and Challenges - The company faced potential risks as outlined in the report, which may impact future development[4]. - The company has seen a significant decline in revenue and profit due to increased competition and falling product prices, exacerbated by the COVID-19 pandemic, which affected operational rates in the first half of 2020[50]. - The lithium battery separator industry is experiencing intensified competition, with a continuous decline in product prices due to increased production costs in the downstream electric vehicle sector[50]. Investment and R&D - The company has invested 200 million RMB in R&D for new technologies, aiming to introduce at least three innovative products in the next year[172]. - Investment in new technology development increased by 30%, focusing on enhancing product efficiency and sustainability[174]. - Research and development expenses for 2020 were ¥68,816,305.19, making up 8.14% of the operating revenue[104]. - The company completed 25 out of 48 R&D projects initiated in 2020, with a total of 185 patents authorized as of December 31, 2020[104]. Acquisitions and Partnerships - A strategic acquisition of a local competitor is in progress, expected to close by Q3 2021, which will enhance production capacity by 30%[172]. - The company plans to acquire 100% of Nanjing Enerui Automation Equipment Co., Ltd. and raise supporting funds through the issuance of shares and cash payments[191]. - The acquisition is expected to strengthen the company's position in the automation sector and drive future growth[188]. Operational Efficiency - The company has established a unified management platform for human resources, financial control, and business operations to enhance internal management and digitalization[77]. - The company aims to reduce operational costs by 15% over the next year through efficiency improvements[173]. - The company is committed to improving internal management and operational efficiency through optimized control systems and enhanced supply chain management[146][147]. Future Outlook - The company provided a performance guidance for the next fiscal year, expecting a revenue growth of 12% to 15%[171]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[172]. - Future guidance indicates a projected revenue growth of 10-15% for 2021, driven by increased demand in the renewable energy sector[198].

Financial Performance - The company's operating revenue for Q1 2021 was ¥137,694,208.45, representing a 0.73% increase compared to ¥136,699,934.26 in the same period last year[7]. - Net profit attributable to shareholders was ¥1,893,512.15, a significant turnaround from a loss of ¥14,735,231.74 in the previous year, marking a 112.85% improvement[7]. - Basic and diluted earnings per share increased to ¥0.0023 from -¥0.0167, reflecting a 113.77% increase[7]. - The company achieved operating revenue of 137,694,208.45 yuan, an increase of 0.73% compared to the same period last year[22]. - Net profit attributable to shareholders reached 1,893,512.15 yuan, representing a growth of 112.85% year-on-year[22]. - Basic earnings per share increased to 0.0023 yuan, up 113.77% from the previous year[22]. - The company reported a net profit for the first quarter of CNY 1,132,470.22, a significant recovery from a net loss of CNY 15,265,077.76 in the same period last year[46]. - The operating profit increased to CNY 4,217,184.72, compared to an operating loss of CNY 13,548,895.25 in the previous year[46]. - The company achieved a profit before tax of CNY 4,197,133.06, recovering from a loss of CNY 13,440,628.68 in the same period last year[46]. Cash Flow and Investments - The net cash flow from operating activities improved by 41.81%, reaching -¥42,417,525.97 compared to -¥72,891,081.80 in the prior year[7]. - The company's cash and cash equivalents decreased by 44.18% to ¥302.67 million due to investments in joint ventures, repayment of bank loans, and operational expenses[19]. - The net cash flow from investing activities worsened by 327.14% to ¥-136.53 million, mainly due to investments in joint ventures[21]. - Operating cash inflow for the current period was CNY 203,135,531.20, compared to CNY 121,894,005.22 in the previous period, representing a 66.5% increase[54]. - The net cash flow from operating activities was CNY -42,417,525.97, an improvement from CNY -72,891,081.80 in the previous period[54]. - Cash outflow from investing activities totaled CNY 136,675,121.88, compared to CNY 122,157,458.81 in the previous period, indicating an 11.9% increase[54]. - Cash inflow from financing activities was CNY 35,000,000.00, up from CNY 9,922,160.00 in the previous period, marking a 253.5% increase[55]. - The ending cash and cash equivalents balance was CNY 267,084,513.49, down from CNY 171,986,314.52 in the previous period[55]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,115,597,930.11, down 2.97% from ¥3,211,076,441.89 at the end of the previous year[7]. - Total liabilities decreased to CNY 505,501,907.29 from CNY 602,112,889.29 in the previous period[42]. - Current liabilities totaled CNY 386,746,931.00, down from CNY 468,622,259.81[42]. - Non-current liabilities were CNY 118,754,976.29, compared to CNY 133,490,629.48 previously[42]. - The company's total equity was CNY 2,610,096,022.82, slightly up from CNY 2,608,963,552.60[39]. - Long-term equity investments stood at CNY 136,846,341.94, an increase from CNY 17,137,692.01[37]. - Accounts receivable amounted to CNY 226,250,603.19, down from CNY 229,443,281.37[39]. - The company reported an accumulated deficit of CNY -684,427,134.53, slightly improved from CNY -686,320,646.68[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 18,437[11]. - The largest shareholder, Luoyang Ancient Capital Asset Management Co., Ltd., held 27.27% of the shares, amounting to 225,995,715 shares[11]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12]. Research and Development - Research and development expenses decreased by 30.09% to ¥8.18 million compared to the same period last year[20]. - The company plans to enhance R&D efforts focusing on environmental technology, information communication technology, control technology, and internet technology[24]. - The company reported research and development expenses were CNY 8,182,395.88, down from CNY 11,705,012.41 in the previous year, indicating a focus on cost management[46]. Tax and Financial Management - The company reported a 67.98% increase in income tax expenses to ¥3.06 million, driven by increased profits and reduced deductible temporary differences[21]. - The tax expenses for the quarter were CNY 3,064,662.84, compared to CNY 1,824,449.08 in the previous year, indicating higher profitability[46]. - The company reported a financial income of CNY 2,239,871.21, up from CNY 874,278.33 in the previous year, reflecting improved financial management[46]. - The company's financial expenses decreased by 105.26% to ¥-182,927.10, resulting from changes in the scope of consolidation and increased interest income[20]. Strategic Initiatives - The company aims to increase its market share in the national grid bidding process and expand sales in the Central Plains region[26]. - The company signed a strategic cooperation agreement with Jintai Travel, planning to procure approximately 600 million yuan worth of products over three years[28]. - The company is committed to improving its technological capabilities and expanding production capacity to enhance competitiveness in the smart grid and new energy sectors[27]. - The company is actively monitoring policy changes to adapt to the evolving market landscape in the smart grid and new energy industries[26].

Financial Performance - Net profit attributable to shareholders was CNY -23,569,824.78, a decline of 877.63% year-on-year[9] - Operating income for the reporting period was CNY 229,791,487.88, down 2.09% compared to the same period last year[9] - Basic earnings per share were CNY -0.0267, a decrease of 885.29% compared to the same period last year[9] - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of CNY -30,400,549.00, a decline of 218.93% year-on-year[9] - The company reported a net loss of CNY -809,747,045.16, compared to a loss of CNY -742,547,824.65 in the previous period[43] - The net profit for the third quarter was a loss of CNY 23,425,770.60, compared to a profit of CNY 3,473,271.93 in the same period last year[50] - The net profit attributable to the parent company was a loss of CNY 67,199,220.51, compared to a profit of CNY 25,284,583.47 in the previous year, indicating a significant decline[59] - The total profit for the third quarter was a loss of CNY 61,885,196.39, contrasting with a profit of CNY 30,851,997.57 in the same quarter of the previous year[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,751,387,796.52, a decrease of 4.00% compared to the end of the previous year[9] - The company's cash and cash equivalents decreased by 33.08% to ¥259,808,286.16 due to limited customer payments affected by the COVID-19 pandemic and operational expenses[22] - The accounts receivable decreased by 76.49% to ¥1,496,633.07, primarily due to the maturity of commercial acceptance bills[22] - The company's total assets and liabilities showed significant changes, reflecting the impact of operational adjustments and market conditions[22] - Total liabilities decreased to CNY 874,714,410.16 from CNY 945,976,070.08[42] - Current liabilities totaled CNY 624,311,528.99, down from CNY 707,249,856.29[42] - Non-current liabilities increased slightly to CNY 250,402,881.17 from CNY 238,726,213.79[42] - Owner's equity decreased to CNY 2,876,673,386.36 from CNY 2,961,843,798.65[43] Cash Flow - The net cash flow from operating activities was CNY 84,934,615.12, an increase of 1,310.98% year-on-year[9] - The cash flow from operating activities improved by 83.74% to -¥10,308,417.15, attributed to reduced tax payments and bid guarantees compared to the previous year[23] - The cash flow from investing activities decreased by 59.25% to -¥51,451,380.71, primarily due to reduced investments in financial products and long-term asset expenditures[23] - The cash flow from financing activities improved by 73.90% to -¥30,081,353.96, as the previous year had higher loan repayments[23] - The net cash flow from operating activities for Q3 2020 was -10,308,417.15 CNY, compared to -63,380,635.23 CNY in Q3 2019, indicating an improvement[66] - The net cash flow from investing activities was -51,451,380.71 CNY, compared to -126,261,079.93 CNY in the same period last year, showing a reduction in losses[67] - The net cash flow from financing activities was -30,081,353.96 CNY, an improvement from -115,265,239.44 CNY in Q3 2019[67] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,833[13] - The largest shareholder, Luoyang Ancient Capital Asset Management Co., Ltd., held 25.60% of the shares[13] - The company did not engage in any repurchase transactions during the reporting period[14] Strategic Initiatives - The company plans to introduce external investor MYUNG SUNG TNS CO.LTD to increase capital in its wholly-owned subsidiary Huzhou Jinguang, with MYUNG SUNG TNS holding no more than 40% equity post-investment[24] - A strategic cooperation agreement was signed with Jintai Travel (Beijing) Technology Co., Ltd., with a planned procurement amount of approximately RMB 600 million, including no less than RMB 100 million in the first year[26] - The company approved a plan to issue up to 264,865,495 shares to specific investors, raising a total of RMB 1 billion for charging station construction and operational demonstration projects[28] - The company plans to publicly transfer 85% equity of its wholly-owned subsidiaries, Liaoyuan Hongtu Lithium Battery Diaphragm Technology Co., Ltd. and Huzhou Jinguang Hongtu Diaphragm Technology Co., Ltd.[29] - The company intends to transfer 85% equity of its wholly-owned subsidiaries, Liaoyuan Hongtu and Huzhou Jinguang, through public listing[32] Operational Changes - The completion date for the charging pile industrialization project (Phase I) has been postponed to September 30, 2020, due to the current implementation progress of the fundraising investment projects[25] - The company has postponed the completion of its charging pile manufacturing project from June 30, 2020, to September 30, 2020[31] Research and Development - Research and development expenses for the third quarter were CNY 18,191,106.22, slightly down from CNY 18,869,912.60 in the previous year[50] - Research and development expenses were CNY 13,290,756.67, slightly down from CNY 14,566,513.82 year-on-year[61] Other Financial Metrics - The total operating costs amounted to CNY 262,180,062.69, up from CNY 239,576,250.43 year-over-year[50] - Financial expenses amounted to CNY 13,182,550.42, an increase from CNY 12,599,130.63 in the previous year[58] - The company experienced a decrease in investment income, reporting CNY 217,577.14 compared to CNY 6,624,168.21 in the same period last year[58]