Financial Performance - The company's operating revenue for Q3 2021 was ¥130,306,986.21, a decrease of 68.04% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2021 was -¥18,984,997.86, reflecting a decline of 164.72% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥19,889,685.85, a decrease of 197.69% compared to the previous year[2] - The net profit for the year-to-date period was ¥8,399,614.70, a substantial increase of 315.47% compared to the same period last year[6] - The basic earnings per share for Q3 2021 were ¥0.0087, reflecting a year-on-year increase of 302.33%[6] - Net profit for the period was ¥4,301,774.27, a significant recovery from a net loss of ¥5,347,187.73 in the same quarter last year[21] - The total comprehensive income attributable to the parent company was CNY 7,754,582.68, compared to CNY 620,275.52 in the previous period[23] - The basic and diluted earnings per share were CNY 0.0087, compared to CNY -0.0043 in the previous period[23] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥4,307,017,377.77, representing a slight increase of 0.65% from the end of the previous year[2] - The total assets of the company as of Q3 2021 were ¥4,307,017,377.77, compared to ¥4,279,320,624.96 at the end of the previous quarter[18] - Total liabilities increased to ¥1,449,419,297.43 from ¥1,403,129,817.09, marking a rise of 3.3%[18] - The company's equity attributable to shareholders decreased to ¥2,736,515,621.62 from ¥2,751,010,508.72, a decline of 0.5%[18] Cash Flow - The company's cash flow from operating activities showed a net outflow of -¥807,501,771.78, a decrease of 5.42% year-on-year[2] - The net cash flow from operating activities was CNY -807,501,771.78, a decrease from CNY -765,997,366.32 in the previous period[26] - Cash inflow from operating activities totaled CNY 579,541,137.84, down from CNY 641,029,003.28 in the previous period[26] - Cash outflow from operating activities was CNY 1,387,042,909.62, slightly reduced from CNY 1,407,026,369.60 in the previous period[26] - The net cash flow from investing activities was CNY -51,173,759.39, an improvement from CNY -619,075,183.85 in the previous period[28] - Cash inflow from investing activities amounted to CNY 744,320,825.86, compared to CNY 350,398,904.11 in the previous period[28] - Cash outflow from investing activities was CNY 795,494,585.25, down from CNY 969,474,087.96 in the previous period[28] - The net cash flow from financing activities was CNY -23,949,545.20, compared to CNY 466,023,000.00 in the previous period[28] - The ending cash and cash equivalents balance was CNY 983,953,173.98, compared to CNY 527,492,975.42 in the previous period[28] Research and Development - Research and development expenses for Q3 2021 were ¥101,670,748.46, an increase of 92.09% compared to the same period last year[6] - Research and development expenses surged to ¥101,670,748.46, compared to ¥52,927,764.24 in the previous year, indicating a 92.2% increase[19] - The company is actively involved in research and development for new technologies and products, although specific details were not disclosed in the report[11] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[21] Shareholder Information - The company reported a total of 50,227 common shareholders at the end of the reporting period[9] - The largest shareholder, China Shipbuilding Industry Group Co., Ltd., holds a 45.20% stake in the company[9] - The company has no preferred shareholders as indicated in the report[11] - The total number of restricted shares at the beginning of the period was 4,350, with no shares released during the period[12] Current Assets - Total current assets as of September 30, 2021, amounted to CNY 3,009,653,786.83, compared to CNY 2,984,220,054.36 at the end of 2020, showing a slight increase[14] - Cash and cash equivalents decreased from CNY 2,000,873,499.60 at the end of 2020 to CNY 1,401,649,654.50 by September 30, 2021, representing a decline of approximately 30%[14] - Accounts receivable increased from CNY 401,018,086.99 to CNY 428,611,145.10, reflecting a growth of about 6%[14] - Inventory rose significantly from CNY 265,953,335.98 to CNY 401,475,885.56, indicating an increase of approximately 51%[14] - Contract assets surged from CNY 145,084,588.00 to CNY 552,684,299.17, marking a substantial increase of around 280%[14] - The company reported a significant increase in contract assets, which rose by 280.94% to ¥552,684,299.17 due to sales not yet collected[4] - The company experienced a 999.76% increase in notes payable, reaching ¥228,097,642.87, attributed to issuing notes to suppliers[6]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 897,718,561.34, representing an increase of 128.81% compared to CNY 392,336,559.81 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was CNY 27,384,612.56, a significant turnaround from a loss of CNY 33,231,392.88 in the previous year, marking an increase of 182.41%[23]. - Basic earnings per share for the reporting period was CNY 0.0284, compared to a loss of CNY 0.0364 in the same period last year, reflecting an increase of 178.02%[23]. - The company reported a net cash flow from operating activities of CNY 19,289,281.73, compared to a negative cash flow of CNY -41,347,255.06 in the same period last year, indicating a recovery of 146.65%[23]. - The company reported a total comprehensive income of ¥21,218,828.89 for the first half of 2021, compared to a loss of ¥35,092,508.22 in the same period of 2020[182]. - The net profit for the first half of 2021 was ¥21,867,134.51, a turnaround from a net loss of ¥33,013,676.78 in the first half of 2020[180]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,335,878,779.00, a slight increase of 1.32% from CNY 4,279,320,624.96 at the end of the previous year[23]. - The total liabilities rose to CNY 1,438,279,005.94, up from CNY 1,403,129,817.09, marking an increase of about 2.51%[169]. - The company's total liabilities amounted to ¥1,265,281,719.15, up from ¥1,177,565,548.75 in the previous year, reflecting an increase of approximately 7.4%[180]. - The company's cash and cash equivalents as of June 30, 2021, amounted to ¥1,533,552,906.79, a decrease from ¥2,000,873,499.60 at the end of 2020[165]. - The company's inventory as of June 30, 2021, was ¥290,520,999.38, up from ¥265,953,335.98 at the end of 2020[165]. Research and Development - Research and development investment surged by 263.02% to ¥75,582,987.53, indicating a strong focus on innovation[44]. - The company has invested in key research projects, including "Rapid Emergency Transfer Technology for Liquid Hazardous Materials" and "Emergency Rescue Technology and Equipment for Landslide Lakes," which have yielded significant results and ongoing orders[38]. - The company is focusing on new product development, with an emphasis on prioritizing key projects and enhancing collaboration with external resources[84]. Market and Product Development - The company focuses on emergency equipment, with a product range that includes emergency transportation engineering equipment, emergency rescue, early warning systems, and emergency services[34]. - The company has developed new products, including a specific type of bridge and platform vehicle, which have passed product certification and achieved bulk orders from users[34]. - The company has successfully signed contracts for the export of military products through military trade companies, enhancing overseas sales performance[36]. - The company has expanded its international presence, with products gaining popularity in regions such as Asia and Latin America[34]. - The company maintains a leading position in the emergency transportation engineering equipment sector, with a market share that remains the highest in the industry[38]. Financial Management and Investments - The company has received government subsidies amounting to 5,078,702.14 CNY during the reporting period[32]. - The company reported a significant increase in contract assets, which rose to ¥577,649,460.47, up 9.93% from the previous year[48]. - The total amount of raised funds as of June 30, 2021, is RMB 81,893.12 million, including underwriting and sponsorship fees of RMB 12 million and issuance fees of RMB 1.3172 million[59]. - The company plans to use up to RMB 800 million of temporarily idle raised funds to purchase structured deposits, ensuring it does not affect the construction of fundraising projects or normal business operations[58]. Risks and Challenges - The company faces risks including upstream product price fluctuations, market risks in emergency traffic engineering equipment, and new product development risks[4]. - The company aims to reduce procurement costs by 3-5 percentage points through centralized purchasing channels and strict control of outsourcing costs[80]. - The company is actively seeking to mitigate risks associated with the COVID-19 pandemic by enhancing e-commerce capabilities and exploring partnerships with well-known enterprises[86]. Corporate Governance - The company has not encountered any major changes in the feasibility of the investment projects[62]. - The company has not experienced any changes in its board of directors or senior management during the reporting period[90]. - The company has not distributed cash dividends or issued bonus shares for the half-year period[91]. - The company has not engaged in any derivative investments during the reporting period[70]. Shareholder Information - The total share capital as of the last trading day before the report was 963,204,604 shares[23]. - The largest shareholder, China Shipbuilding Industry Group Co., Ltd., holds 45.20% of the shares, totaling 435,328,835 shares[133]. - The total number of common shareholders at the end of the reporting period was 50,177[131].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 897,718,561.34, representing a 128.81% increase compared to CNY 392,336,559.81 in the same period last year[19]. - The net profit attributable to shareholders of the listed company reached CNY 27,384,612.56, a significant turnaround from a loss of CNY 33,231,392.88 in the previous year, marking an increase of 182.41%[19]. - The net profit after deducting non-recurring gains and losses was CNY 19,289,281.73, compared to a loss of CNY 41,347,255.06 in the same period last year, reflecting a 146.65% improvement[19]. - The basic earnings per share for the reporting period was CNY 0.0284, a recovery from a loss of CNY 0.0364 per share in the previous year, indicating a 178.02% increase[19]. - The total assets at the end of the reporting period were CNY 4,335,878,779.00, which is a 1.32% increase from CNY 4,279,320,624.96 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company were CNY 2,777,936,951.96, up 0.98% from CNY 2,751,010,508.72 at the end of the previous year[19]. - The company reported a net cash flow from operating activities of CNY -433,418,416.69, slightly improved by 1.69% compared to CNY -440,886,908.13 in the same period last year[19]. - The weighted average return on net assets was 0.99%, a significant improvement from -1.58% in the previous year, reflecting a 162.66% increase[19]. Market and Product Development - The company focuses on emergency equipment for various disasters, including earthquakes, floods, and fires, with a strong emphasis on innovation and specialized products[27]. - The company has successfully developed and sold new products, including a certain type of bridge and platform vehicle, which have received bulk orders from users[27]. - The company has established a flexible production model, utilizing CNC machinery for small-batch production to accommodate a wide variety of products[28]. - The company has signed contracts for military products through military trade companies, enhancing its overseas sales performance[28]. - The company’s emergency transportation engineering equipment is a leading supplier in the domestic military sector, with a comprehensive product line and strong R&D capabilities[26]. - The company has expanded its international market presence, with products gaining popularity in Asia and Latin America[27]. - The company has engaged in proxy sales of emergency equipment and pandemic-related materials, contributing to market effects during the reporting period[28]. - The company has invested in key research projects, including "Rapid Emergency Transfer Technology for Liquid Hazardous Materials" and "Emergency Rescue Technology and Equipment for Landslide Lakes," which have yielded significant results and ongoing orders[30]. Financial Management and Investments - The company has reported a total non-operating income of approximately ¥8,095,330.83, which includes government subsidies and other financial gains[23]. - The total investment during the reporting period was ¥15,224,942.16, a dramatic increase of 1,740.86% compared to the previous year[46]. - The company has utilized RMB 626,894,765.78 of the raised funds for investment projects from 2016 to June 30, 2021, including RMB 108,632,052.59 transferred to working capital[52]. - The balance of the special account for raised funds as of June 30, 2021, was RMB 825,330,760.05, which includes interest of RMB 6,913,640.63[54]. - The company has committed to various investment projects, with the emergency traffic equipment project reaching 100% completion as of August 2019[55]. - The company has emphasized the importance of adjusting fundraising project implementation plans to meet construction goals effectively[58]. - The company reported a total of 74 million yuan in entrusted financial management during the reporting period, with no overdue amounts or impairment losses recorded[62]. Risks and Challenges - The company faces risks related to upstream product price fluctuations, military market risks, new product development risks, and COVID-19 impacts[5]. - The company’s product sales are primarily focused on military applications, which poses a risk due to market concentration in military products[71]. - The company faces risks in new product development due to high competition and uncertainty in verification outcomes[73]. - The COVID-19 pandemic has hindered international operations, increasing risks related to market development and procurement[75]. Corporate Governance and Shareholder Information - The company has not reported any significant changes in the measurement attributes of its main assets during the reporting period[44]. - The company has not engaged in any significant litigation or bankruptcy restructuring matters during the reporting period[92]. - The company’s major shareholder, China Shipbuilding Industry Group, holds 45.20% of the shares, totaling 435,328,835 shares[117]. - The company does not have any preferred shares, simplifying its capital structure[125]. - The company has not engaged in any repurchase transactions among its top shareholders during the reporting period, reflecting a stable shareholding structure[120]. - The company’s actual controller has not changed during the reporting period, ensuring stability in management[122]. Research and Development - Research and development investment surged to ¥75,582,987.53, marking a 263.02% increase compared to the same period last year, indicating a strong focus on innovation[37]. - The company aims to expand its market presence and enhance its product offerings through increased investment in research and development, as evidenced by the significant rise in R&D expenses[157]. - The company has initiated research and development for new emergency response technologies, aiming to improve operational efficiency and service delivery[177]. Operational Efficiency - The company is focusing on internal cost control measures to enhance operational efficiency[70]. - The company plans to control procurement costs and aims to reduce procurement expenses by 3-5 percentage points[70]. - The company aims to improve its operational efficiency through technological advancements and innovation in its product offerings[170].

Financial Performance - The company's operating revenue for Q1 2021 was CNY 267,513,416.33, representing a 105.99% increase compared to CNY 129,868,551.54 in the same period last year[11] - Net profit attributable to shareholders was CNY 15,943,940.46, a significant turnaround from a loss of CNY 22,000,982.98 in the previous year, marking a 172.47% improvement[11] - The net profit after deducting non-recurring gains and losses was CNY 12,816,585.01, compared to a loss of CNY 22,493,047.94 last year, reflecting a 156.98% increase[11] - The basic earnings per share (EPS) was CNY 0.0166, a 163.90% increase from a loss of CNY 0.0241 per share in the same period last year[11] - The weighted average return on equity improved to 0.26%, up from -1.04% in the previous year, indicating a 125.00% increase[11] - Operating revenue increased by 105.99% to RMB 267,513,416.33 compared to RMB 129,868,551.54, primarily due to the impact of the pandemic in the previous year[25] - Net profit for the period was RMB 14,802,927.87, a decrease of 171.43% from a loss of RMB 20,724,174.43 in the previous year, mainly due to operational disruptions caused by COVID-19[27] - Total operating revenue for the first quarter of 2021 was CNY 267,513,416.33, a significant increase from CNY 129,868,551.54 in the same period last year, representing a growth of approximately 106.5%[60] - Total comprehensive income for Q1 2021 was ¥14,855,307.90, a recovery from a total comprehensive loss of ¥16,211,779.45 in the previous year[66] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,178,863,966.65, a decrease of 2.35% from CNY 4,279,320,624.96 at the end of the previous year[13] - Net assets attributable to shareholders increased to CNY 2,767,047,107.61, a 0.58% rise from CNY 2,751,010,508.72 at the end of the previous year[13] - The company's cash and cash equivalents decreased by 34.55% to RMB 1,309,670,029.31 from RMB 2,000,873,499.60 due to idle funds being invested[25] - The total liabilities increased by 87.94% to RMB 102,758,842.72, driven by an increase in accrued expenses[25] - The total assets of the company as of March 31, 2021, were approximately 4.18 billion yuan, down from 4.28 billion yuan at the end of 2020[50] - The total liabilities decreased to CNY 1,115,627,995.22 from CNY 1,177,565,548.75, reflecting a reduction of approximately 5.3%[59] - The total amount of other receivables was CNY 21,375,870.69[84] Cash Flow - The company reported a net cash flow from operating activities of -CNY 323,082,106.95, which is a deterioration of 82.65% compared to -CNY 176,886,606.27 in the same period last year[11] - The company experienced a net cash outflow from operating activities of RMB -323,082,106.95, an increase of 82.65% compared to the previous period[27] - Cash outflow from operating activities totaled CNY 582,697,891.83, up from CNY 422,874,861.70 in the previous year[73] - The net cash flow from investment activities was negative CNY 371,362,628.11, compared to negative CNY 4,456,122.35 last year[75] - The company reported a net cash flow decrease of CNY 694,380,164.44 for the period, compared to a decrease of CNY 523,811,382.52 in the previous year[75] Research and Development - Research and development expenses rose by 115.00% to RMB 20,974,819.41 from RMB 9,755,748.72, indicating increased investment in innovation[25] - The company plans to increase R&D investment and introduce advanced technologies to improve the success rate of new product development[30] - The company has established an academician workstation and a research center to enhance R&D capabilities and shorten the development cycle[30] Government and Market Risks - The company faces risks related to customer concentration, particularly with government and military clients, which are influenced by national policies[30] - The COVID-19 pandemic has impacted international operations, complicating market development and increasing operational risks[30] Fundraising and Investments - The company reported a total fundraising amount of 153,296.92 million CNY, with 10.8 million CNY invested in the current quarter[32] - The cumulative investment progress of the fundraising projects reached 50,345.13 million CNY, representing 32.8% of the total commitment[34] - The total amount of funds raised for the emergency transportation equipment project was adjusted from 563 million yuan to 509.6 million yuan, a reduction of 53.4 million yuan[41] - The investment amount for the Wuhan plant design capability construction project was adjusted to 217.12 million yuan, with an increase from the original commitment of 151.04 million yuan due to the transfer of funds from the emergency equipment project[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,160[14] - The company has not engaged in any repurchase transactions among its top shareholders during the reporting period[22] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[44] Audit and Compliance - The company did not undergo an audit for the first quarter report[95] - The first quarter report is not a non-standard audit report[95]

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 77,811,193.30 in 2020, a decrease of 51.28% compared to the previous year[5]. - The decline in performance was primarily due to the impact of the COVID-19 pandemic, which affected project implementation and delivery schedules[5]. - The company's operating revenue for the year decreased significantly, with fixed costs remaining high despite reduced revenue, leading to a substantial drop in operating profit and total profit[5]. - The company's operating revenue for 2020 was CNY 1,821,338,940, a decrease of 26.10% compared to CNY 2,464,443,109.30 in 2019[22]. - The net profit attributable to shareholders for 2020 was CNY 77,811,193.30, down 51.28% from CNY 159,708,323.55 in 2019[22]. - The net cash flow from operating activities was negative CNY 69,258,409.59, a decline of 108.20% compared to CNY 844,360,158.64 in 2019[22]. - Basic earnings per share for 2020 were CNY 0.0844, a decrease of 51.61% from CNY 0.1744 in 2019[22]. - The weighted average return on equity for 2020 was 3.25%, down from 7.64% in 2019, reflecting a decrease of 4.39%[22]. - The company experienced a significant decline in net profit after deducting non-recurring gains and losses, which was CNY 57,661,599.20 for 2020, down 61.68% from CNY 150,493,465.37 in 2019[22]. Dividend Distribution - The company plans to distribute cash dividends of RMB 0.24 per share, totaling RMB 23,343,357.99, which represents 30% of the distributable profits for the year[8]. - The proposed cash dividend for 2020 is ¥0.24 per 10 shares, totaling ¥23,343,357.99, which represents 30% of the distributable profit[159]. - The total cash dividend for 2020, including other methods, was ¥23,343,357.00, with a corresponding ratio of 30% to the net profit attributable to shareholders[160]. - The company has maintained a consistent dividend policy over the past three years, with cash dividends reflecting a commitment to shareholder returns[160]. - The company has a cash dividend policy that requires a minimum of 20% of profits to be distributed during its growth phase, with significant capital expenditure plans[154]. Market and Product Development - The company has developed a range of emergency transportation engineering equipment, including emergency floating bridges and emergency mechanized bridges, which are recognized for their advanced technology[37]. - The company has successfully launched new products, including a certain type of accompanying bridge and a certain type of platform vehicle, which have passed product identification and achieved sales capabilities[40]. - The company has expanded its international market presence, with products like a certain type of steel bridge gaining popularity in multiple countries in Asia and Latin America[40]. - The company focuses on enhancing its independent innovation capabilities and improving emergency support levels, particularly in disaster rescue products and services[40]. - The company’s emergency rescue equipment includes a wide range of products for nuclear emergency, water rescue, and natural disaster response, showcasing its comprehensive service offerings[37]. - The company emphasizes the development of products related to earthquake, flood, fire, and hazardous chemical safety monitoring, aligning with its mission to contribute to human safety[36]. - The company has achieved batch orders from users for its newly developed products, indicating strong market demand and customer confidence[40]. Research and Development - Research and development efforts included 48 projects, with 25 completed and 12 generating sales, supported by a R&D expenditure of ¥99.83 million[70]. - The company filed 50 invention patent applications and obtained 22 authorizations during the reporting period, enhancing its R&D capabilities[60]. - The company applied for 77 patents during the reporting period, with 22 new patents granted, enhancing its innovation capabilities[87]. - Research and development expenses were ¥107,746,247.92, which is 5.92% of total revenue, up from 4.17% in the previous year[88]. - The company plans to increase R&D funding to maintain a ratio exceeding 5% of total revenue, aiming for the localization of imported components[128]. Supply Chain and Procurement - The company has over 400 qualified suppliers listed in its procurement system, enhancing its supply chain efficiency[41]. - The procurement costs (excluding single-source procurement) decreased by 8.06% year-on-year, while outsourcing costs fell by over 3%[71]. - The cost of raw materials accounted for 53.73% of total operating costs, a rise of 11.48% from the previous year[82]. - The company is committed to enhancing supply chain stability and safety through improved procurement processes and supplier management[134]. Strategic Initiatives and Future Outlook - The company aims to double its net profit by 2025 compared to the 2020 baseline, indicating a strategic target for significant growth[123]. - The company plans to expand its international market presence, particularly in Asia, Africa, and Latin America, where there is a high demand for emergency products due to underdeveloped infrastructure and frequent natural disasters[121]. - The company is focusing on enhancing its core defense industry by securing traditional military market positions and maximizing annual procurement tasks through strategic marketing efforts[124]. - The company is implementing a strategy to enhance its manufacturing capabilities through smart upgrades and optimizing production resources[124]. - The company is focusing on deepening its international marketing platform to expand its market share in overseas military trade and aid contracts, particularly in countries like Thailand, Pakistan, and the Philippines[126]. Financial Management and Compliance - The company confirmed that all commitments made during the IPO process were fulfilled, ensuring the accuracy and completeness of the prospectus[169]. - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[169]. - The company has not issued any non-standard audit reports for the reporting period, indicating compliance with accounting standards[172]. - The company is committed to repurchasing shares if any false statements or omissions are identified in the IPO prospectus, ensuring investor protection[169]. - The company has adhered to the new accounting interpretations and regulations without significant impact on its financial position or operating results[176]. Operational Challenges - The company has faced operational challenges due to the COVID-19 pandemic, impacting international market development and procurement budgets[140]. - The company is heavily reliant on a few large state-owned enterprises in the nuclear emergency sector, which poses risks related to project approvals and sales performance[140]. - The company has experienced revenue volatility due to the nature of military product sales, which are influenced by military strategies and internal planning[141]. - The company is addressing risks related to upstream product price fluctuations, particularly in the steel and heavy truck industries, which could significantly impact profitability[136].

Financial Performance - Operating revenue for the period reached ¥407,708,285.53, reflecting a 39.94% increase year-on-year[6] - Net profit attributable to shareholders was ¥29,333,161.17, a significant increase of 255.71% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥20,359,624.89, up 204.77% year-on-year[6] - Basic earnings per share for the period were ¥0.0321, an increase of 250.70% compared to the same period last year[6] - Total operating revenue for Q3 2020 reached ¥407,708,285.53, an increase from ¥291,344,874.86 in the same period last year, representing an increase of approximately 39.9%[65] - Net profit for Q3 2020 was ¥27,666,489.05, compared to a net loss of ¥14,827,599.93 in Q3 2019, indicating a significant turnaround[67] - The operating profit for the current period was ¥68,906,665.68, compared to a loss of ¥18,636,379.21 in the previous period, indicating a turnaround in profitability[70] - The net profit for the current period was ¥60,471,693.72, a substantial improvement from a net loss of ¥16,756,410.26 in the previous period[70] Cash Flow and Liquidity - The net cash flow from operating activities was -¥325,110,458.19, a decrease of 440.75% compared to the previous year[6] - The cash flow from operating activities for the first nine months was -¥765,997,366.32, a decline of 845.81% compared to -¥80,988,831.64 in the previous year[18] - The company’s cash and cash equivalents decreased to CNY 762,232,409.95 from CNY 1,694,627,123.45, reflecting a decline of about 55.05% year-over-year[30] - The company’s cash and cash equivalents decreased to ¥688,591,708.51 from ¥1,537,152,510.56, indicating a liquidity challenge that may need addressing[59] - Cash inflow from operating activities totaled ¥641,029,003.28, while cash outflow was ¥1,407,026,369.60, resulting in a negative cash flow[78] - The ending balance of cash and cash equivalents was ¥527,492,975.42, down from ¥633,911,551.83 in the previous period[80] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,015,079,095.25, representing a 1.83% increase compared to the end of the previous year[6] - Total assets as of September 30, 2020, amounted to ¥3,781,208,995.65, up from ¥3,568,876,625.71 at the end of 2019, reflecting a growth of approximately 5.9%[62] - The total liabilities decreased to ¥1,378,032,569.38 in Q3 2020 from ¥1,434,125,929.77 in the previous year, a reduction of about 3.9%[62] - The total liabilities amount to CNY 1,703,056,924.88, with current liabilities at CNY 1,646,929,424.99[87] - The total equity attributable to shareholders is CNY 2,133,042,475.65, while total equity amounts to CNY 2,239,675,500.89[87] - The total non-current assets are valued at CNY 1,155,444,942.84, contributing significantly to the overall asset structure[89] Shareholder Information - The total number of shareholders at the end of the reporting period was 64,020[12] - The largest shareholder, China Shipbuilding Industry Group, holds 47.64% of the shares[12] - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[15] Research and Development - Research and development expenses decreased by 46.96% to ¥52,927,764.24 from ¥99,794,349.81, reflecting reduced investment during the period[18] - Research and development expenses for Q3 2020 were ¥32,107,068.59, slightly down from ¥35,680,393.99 in Q3 2019, indicating a focus on cost management[65] - Research and development expenses decreased to ¥32,107,068.59 from ¥36,246,431.71, reflecting a reduction of about 11.8%[70] Government Support - Government subsidies recognized in the current period amounted to ¥10,928,205.82[10] Compliance and Governance - The company has committed to ensuring the accuracy and completeness of its IPO prospectus and will compensate investors for any losses due to misstatements[21] - The company has not undergone an audit for the third quarter report, which may affect investor confidence[91] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[26] - The company has no violations regarding external guarantees during the reporting period[26]

Financial Performance - Operating revenue for the period reached ¥407,708,285.53, reflecting a 39.94% increase year-on-year[8] - Net profit attributable to shareholders was ¥29,333,161.17, a decrease of 255.71% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥20,359,624.89, down 204.77% year-on-year[8] - Basic earnings per share for the period were ¥0.0321, a decrease of 250.70% year-on-year[8] - The total operating revenue for the first nine months of 2020 was ¥800,044,845.34, a decrease of 52.17% compared to ¥1,672,637,773.99 in the same period of 2019, largely impacted by COVID-19[22] - Net profit for the first nine months of 2020 was a loss of ¥5,347,187.73, a decline of 104.68% compared to a profit of ¥114,200,475.45 in the same period of 2019[22] - The company reported a net profit of ¥39,172,372.65 for the year-to-date period, down from ¥102,020,604.70 in the previous year[54] - The basic earnings per share for the current period was -0.0043, compared to 0.1206 in the previous period, indicating a decline in profitability[53] - The total comprehensive income for the current period was ¥39,172,372.65, compared to ¥99,656,878.52 in the previous period, reflecting a decrease of approximately 60.7%[56] Cash Flow and Liquidity - The net cash flow from operating activities was -¥325,110,458.19, a decline of 440.75% compared to the previous year[8] - The company’s cash flow from operating activities showed a net outflow of ¥765,997,366.32, a significant increase of 845.81% compared to the previous year[22] - The company's cash and cash equivalents decreased by 55.02% to ¥762,232,409.95 from ¥1,694,627,123.45 at the end of 2019, primarily due to the repayment of short-term loans[20] - The ending cash and cash equivalents balance was 527,492,975.42 CNY, down from 633,911,551.83 CNY in the prior period, reflecting a decrease of approximately 16.7%[59] - Total cash inflow from operating activities was 641,029,003.28 CNY, down from 1,779,118,800.35 CNY in the prior period, reflecting a decrease of approximately 64.0%[57] - Cash outflow from operating activities totaled 1,407,026,369.60 CNY, compared to 1,860,107,631.99 CNY in the previous period, marking a reduction of about 24.3%[57] - The company reported cash inflow from investment activities of 350,398,904.11 CNY, with a net cash outflow from investment activities of -619,075,183.85 CNY, indicating increased investment expenditures[59] - Cash inflow from financing activities was 806,931,200.00 CNY, while cash outflow was 340,908,200.00 CNY, resulting in a net cash flow from financing activities of 466,023,000.00 CNY, a recovery from the previous period's negative cash flow[59] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,015,079,095.25, representing a 1.83% increase compared to the end of the previous year[8] - The total current assets rose to CNY 2,994,068,728.37, compared to CNY 2,913,737,313.60 at the end of 2019, reflecting a slight increase of approximately 2.8%[35] - The total liabilities decreased to CNY 1,378,032,569.38 from CNY 1,434,125,929.77 year-over-year[43] - The total equity attributable to shareholders of the parent company increased to CNY 2,403,176,426.27 from CNY 2,134,750,695.94 year-over-year[43] - The company’s total current assets reached CNY 2,413,431,682.87, demonstrating a solid asset base[69] - The total non-current liabilities were CNY 56,127,499.89, which includes deferred income and deferred tax liabilities[69] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,020[13] - The largest shareholder, China Shipbuilding Industry Group, holds 47.64% of the shares, totaling 435,328,835 shares[13] Government Support and Compliance - The company received government subsidies amounting to ¥10,928,205.82 during the reporting period[12] - The company has committed to ensuring the accuracy and completeness of its IPO prospectus, with a long-term commitment to compliance[26] - There were no reported violations regarding external guarantees during the reporting period[30] - The company did not engage in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[30] Research and Development - Research and development expenses decreased by 46.96% to ¥52,927,764.24 from ¥99,794,349.81, reflecting reduced investment during the period[22] - Research and development expenses for Q3 2020 were CNY 32,107,068.59, a decrease from CNY 35,680,393.99 in Q3 2019[44] - Research and development expenses decreased to ¥32,107,068.59 from ¥36,246,431.71, reflecting a reduction of approximately 11.8%[48] Inventory and Receivables - Inventory increased to CNY 702,106,495.79, up from CNY 555,543,511.51, indicating a growth of about 26.4% year-over-year[35] - The company's accounts receivable significantly decreased to CNY 116,412,198.13 from CNY 541,179,323.53, a reduction of about 78.5%[35] - The company reported a decrease in accounts receivable by CNY 305,091,137.16, bringing the total to CNY 24,659,097.57[67] - The company has a total of CNY 304,822,924.11 in contract liabilities, reflecting a significant increase[69]

Financial Performance - The company reported a total revenue of RMB 200 million for the first half of 2020, representing a year-on-year increase of 15% compared to the same period in 2019[13]. - The net profit attributable to shareholders was RMB 30 million, an increase of 20% year-on-year[13]. - The company's total revenue for the reporting period was ¥392,336,559.81, a decrease of 71.60% compared to the same period last year[20]. - The net profit attributable to shareholders was -¥33,231,392.88, representing a decline of 126.77% year-on-year[20]. - The net profit after deducting non-recurring gains and losses was -¥41,347,255.06, down 135.25% from the previous year[20]. - The company's operating revenue for the reporting period was ¥392,336,559.81, a decrease of 71.60% compared to ¥1,381,292,899.13 in the same period last year, primarily due to the impact of COVID-19 which hindered contract signing[52]. - Operating costs decreased by 68.88% to ¥337,726,773.91 from ¥1,085,239,753.12, reflecting reduced income due to the pandemic[52]. - The company reported a net loss of CNY 20,460,593.50 due to credit impairment losses, compared to a loss of CNY 10,412,211.74 in the previous year[191]. - The company incurred a loss of ¥22,407,710.46 in operating profit for the first half of 2020, compared to an operating profit of ¥131,173,705.22 in the same period of 2019[195]. Cash Flow and Financing - The net cash flow from operating activities was -¥440,886,908.13, a 149.94% increase in outflow compared to -¥176,399,416.18 in the previous year, mainly due to reduced receivables[52]. - The company issued convertible bonds, resulting in a net cash inflow from financing activities of ¥466,023,000.00, compared to a net outflow of -¥309,011,110.54 in the previous year[52]. - The financing activities generated a net cash inflow of ¥466,023,000.00 in the first half of 2020, contrasting with a net outflow of ¥309,011,110.54 in the same period of 2019[197]. - The company received cash inflows from operating activities totaling ¥442,477,759.37 in the first half of 2020, down from ¥1,186,276,862.67 in the same period of 2019[197]. - The cash flow from operating activities showed a significant negative trend, highlighting potential liquidity challenges[200]. - The company received 806,931,200.00 CNY from financing activities, indicating a strong reliance on external funding[200]. Research and Development - Research and development investments increased by 25% compared to the previous year, focusing on innovative rescue technologies[13]. - Continuous investment in R&D for emergency equipment is anticipated to provide strong support for market development[31]. - Research and development expenses for the first half of 2020 were CNY 20,820,695.65, down from CNY 64,113,955.82 in the same period of 2019, showing a reduction of approximately 67.5%[191]. - The company is committed to advancing new product development despite high competition and uncertainty in R&D outcomes, with a focus on aligning projects with market needs[86]. - The company intends to establish a special team for key research projects to ensure timely execution and address any issues that arise during development[87]. Market and Expansion - The company plans to enhance its market expansion efforts, particularly in emergency rescue equipment[13]. - User data indicates a 30% increase in demand for emergency equipment in the first half of 2020[13]. - The company has been recognized as a national emergency industry demonstration base, which is expected to enhance support in various aspects[30]. - The company has over 20 years of experience in the overseas market, establishing a stable international customer base and enhancing its global presence[31]. - The company plans to expand its military market presence and secure contracts in various sectors, including the Army, Navy, and Air Force, while also targeting government projects[85]. Risks and Challenges - The company faces risks related to the COVID-19 pandemic, fluctuations in upstream product prices, and new product development[6]. - The company faced project delivery delays due to the COVID-19 pandemic, impacting performance in the first half of 2020[30]. - The company is heavily reliant on military product sales, which are subject to fluctuations in defense spending and policy changes, leading to uncertainty in future sales performance[84]. - The company faces risks from the COVID-19 pandemic, impacting the Bolivia project progress, and will maintain a cautious market strategy while focusing on cost control and technology development[79]. Corporate Governance and Compliance - The company is committed to maintaining the accuracy and completeness of its financial reporting, as confirmed by its management[5]. - The company has confirmed that its initial public offering prospectus is true, accurate, complete, and timely, and will compensate investors for losses if any false statements are identified[96]. - The company has no major litigation or arbitration matters during the reporting period[100]. - The company has no penalties or rectification situations during the reporting period[101]. - The company has fulfilled its commitments made during the asset restructuring process[94]. Shareholder Information - The largest shareholder, China Shipbuilding Industry Group, holds 47.64% of the shares, amounting to 435,328,835 shares[139]. - The second largest shareholder, China Shipbuilding Industry Group Wuhan Shipbuilding Industry Co., Ltd., holds 14.22% of the shares, totaling 129,983,472 shares[139]. - The total number of shares remains at 913,808,115, with no changes in shareholding structure during the reporting period[133]. - The company has a total of 51,430 common shareholders at the end of the reporting period[136]. Investment and Projects - The project for emergency traffic equipment in Chibi has an investment commitment of RMB 563 million, with 79.21% of the investment completed[65]. - The Wuhan plant design capability project has an adjusted total investment of RMB 204.44 million, with 36.63% of the investment completed[65]. - The company has committed to using the reduced funds from the emergency transportation equipment project entirely for the Wuhan plant design capability construction project[69]. - The total investment amount for the emergency transportation equipment project was adjusted from CNY 563 million to CNY 509.6 million, a reduction of CNY 53.4 million[69].

Financial Performance - The company's operating revenue for 2019 was ¥2,464,443,109.30, a decrease of 7.12% compared to ¥2,653,280,225.40 in 2018[17]. - Net profit attributable to shareholders was ¥159,708,323.55, down 28.56% from ¥223,550,611.19 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was ¥150,493,465.37, a decrease of 25.99% from ¥203,346,854.87 in 2018[17]. - The net cash flow from operating activities was ¥844,360,158.64, a significant improvement from -¥502,764,973.07 in 2018[17]. - The total assets at the end of 2019 were ¥3,942,732,425.77, a decrease of 5.98% from ¥4,193,519,658.57 at the end of 2018[17]. - The weighted average return on equity was 7.64%, down from 10.53% in 2018, reflecting a decline of 2.89%[17]. - The company reported a comprehensive diluted earnings per share of ¥0.1748 for 2019[19]. - The company achieved a net profit of 175,947,957.56 yuan in 2019, with a distributable profit of 159,708,323.55 yuan after deducting minority interests[141]. Profit Distribution - The total profit distribution for 2019 is RMB 52,999,894.54, accounting for 33.19% of the undistributed profits available for distribution to shareholders, which amounts to RMB 159,708,323.55[4]. - The company plans to treat the repurchased shares amounting to RMB 52,999,894.54 as cash dividends, reflecting its commitment to sustainable development and reasonable returns to investors[4]. - The company’s cash dividend policy requires that cash dividends should account for at least 20% of the profit distribution in the case of significant capital expenditures[138]. - The company’s cash dividend for 2019 is considered to be the repurchase amount of 52,999,894.54 yuan, treated as cash dividends for the purpose of calculating the distribution ratio[142]. - The company has reported that the cash dividends for 2019 were zero, indicating a shift in strategy towards share repurchase instead of traditional dividends[146]. Risks and Challenges - The company faces risks including fluctuations in upstream product prices, market risks in emergency traffic engineering equipment, and risks associated with concentrated sales customers[4]. - The company’s military product sales are subject to delays due to military strategic deployments, leading to potential income fluctuations[127]. - The company has a high dependency on a few major clients, particularly government and military entities, which poses a risk of revenue volatility[125]. - The company is engaged in new product development, facing high costs and uncertain outcomes due to competitive pressures in the market[129]. - The company has established a risk warning mechanism and reporting system to enhance risk awareness across all levels[119]. Research and Development - The company is investing in R&D for emergency equipment, with key projects expected to yield results during the "14th Five-Year Plan" period[39]. - The company has authorized 36 patents and completed one national standard and one industry standard project during the reporting period, enhancing its R&D capabilities[46]. - Research and development expenses rose by 19.36% to ¥102,689,083.61, reflecting the company's commitment to innovation[70]. - The company’s R&D personnel increased to 227, representing 15.01% of the workforce, up from 11.25% in 2018[71]. - R&D investment accounted for 4.17% of operating revenue in 2019, up from 3.24% in 2018[73]. Market Position and Strategy - The company has maintained the leading market share in the domestic emergency transportation engineering equipment sector[41]. - The company is focusing on the development of emergency rescue products and services related to various disasters, including earthquakes and floods[30]. - The company has a stable international customer base and has established overseas representative offices to support market expansion[39]. - The company is targeting a significant increase in its market share by developing both domestic and international markets in a complementary manner[116]. - The company aims to enhance its independent research and development capabilities for emergency equipment through the Wuhan design capability construction project[93]. Corporate Governance and Compliance - The company does not have any significant internal control deficiencies and has not received a non-standard audit opinion[4]. - The company has ensured compliance in the management and disclosure of raised funds, with no violations reported[95]. - The company has fulfilled its commitments regarding related party transactions and will minimize such transactions to protect the rights of other shareholders[149]. - The company has maintained normal performance in fulfilling its commitments related to shareholding and related transactions[149]. - The company guarantees that the IPO prospectus is truthful, accurate, complete, and timely, and will compensate investors for losses if any false statements are identified[156]. Investment and Financing - The company successfully issued convertible bonds for the first time post-IPO, receiving approval from the regulatory authority, which marks a significant breakthrough in capital operations[53]. - The company made a significant equity investment of ¥76,188,000.00 in a new road engineering construction company in Libya[82]. - The company raised a total of RMB 768,248,000.00 from the public offering of 115.7 million shares at RMB 6.64 per share in July 2016[86]. - The company has not reported any bank loan repayments or supplemental working capital needs during the reporting period[91]. - The company borrowed 64,000 million CNY from China Shipbuilding Finance Co., with an interest rate of 4.13%[188].

中国船舶重工集团应急预警与救援装备股份有限公司 2020 年第一季度报告 2020 年第一季度报告 2020-020 2020 年 4 月 中国船舶重工集团应急预警与救援装备股份有限公司 2020 年第一季度报告 第二节 公司基本情况 第三节 重要事项 日 录 第一节 重要提示……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 1 第四节 财务报表 中国船舶重工集团应急预警与救援装备股份有限公司 2020 年第一季度报告 1 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人余皓、主管会计工作负责人李应昌及会计机构负责人(会计主管 人员)陈世龙声明：保证季度报告中财务报表的真实、准确、完整。 非标准审计意见提示 □ 适用 √ 不适用 中国船舶重工集团应急预警与救援装备股份 ...