理工光科投资者关系活动记录表（2017 年度） 武汉理工光科股份有限公司投资者关系活动记录表 证券代码：300557 证券简称：理工光科 编号：2017-001 | --- | --- | --- | |-----------------------------|---------------------------------------------------------|------------------------------------------------------| | | 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 | | | 参与单位名称及 | | 兴业证券研究员曹阳，长城证券研究员余芳沁（排名不分先 | | 人员姓名 | 后） | | | 时间 | 2017 年 3 月 14 | 日，星期二 | | 地点 | 武汉市东湖开发区大学园路 | 23 号公司二楼会议室 | | | | | | 上市公司接待人 员姓名 | 财务总监、董事会秘书： ...

理工光科投资者关系活动记录表（2022年度） 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 招商证券研究发展中心董瑞斌，东方财富证券研究所向心韵，东 参与单位名称及 方财富证券阳军，国寿安保基金管理有限公司刘兵（排名不分先 人员姓名 后） 时间 2022 年 7 月 7 日，星期四 地点 武汉市东湖开发区大学园路 23 号公司 7 楼会议室 证券事务代表：范洪汝 上市公司接待人 证券投资主管：郭睿 员姓名 一、公司情况介绍 公司证券事务代表范洪汝介绍公司概况、主要技术、产品、 业务等情况。 二、问答环节 1、公司光栅阵列产品预计最先会在哪个市场领域有较大突破？ 投资者关系活动 公司光栅阵列传感产品目标市场为轨道交通、高速公路、油 主要内容介绍 气长输管道、机场、铁路等大型基础设施。目前，各应用场景均 已实现示范应用。根据推进情况，轨道交通全时全域安全监测系 统已经在武汉地铁 7 号线三站两区间及 8 号线全线实现应用，高 速公路已经在智能电缆防盗和鄂州花湖机场智慧高速项目实现 应用，我们预计光栅阵列产品最先会在轨道交通市场及高速公路 ...

理工光科投资者关系活动记录表（2022年度） 武汉理工光科股份有限公司投资者关系活动记录表 证券代码：300557 证券简称：理工光科 编号：2022-005 | --- | --- | --- | |-----------------------------|---------------------------------------|---------------------------------------------------------------------------------------------------------------| | | | | | | | 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 | | | | | 武汉瑞恒信投资管理有限公司杨帆、中信保诚人寿保险有限公司 | | | | 刘玉成、湖北海岛资产管理有限公司余海玲、湖北日报基金管理 | | | | 有限公司袁阳平、武汉文辉私募基金管理有限公司王凡毓、湖北 | | | | 高远私募基 ...

理工光科投资者关系活动记录表（2022 年度） 证券代码：300557 证券简称：理工光科 编号：2022-004 武汉理工光科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 | 投资者线上交流会 | | | 广东壹宸投资管理有限公司 | 曹志平；深圳价值在线信息科技股 | | | 份有限公司 | 邬玥；青岛金光紫金股权投资基金企业 ( 有限合伙 ) | | | 李润泽；光大证券股份有限公司 | 王笑；广发证券股份有限公司 | | | | 赖少俊；深圳市建筑科学研究院股份有限公司 阮利男；长江证 | | ...

Revenue and Profit - Revenue for Q3 2022 was CNY 83,269,778.53, a decrease of 29.47% compared to the same period last year, while year-to-date revenue increased by 32.66% to CNY 357,243,518.96[5] - Net profit attributable to shareholders for Q3 2022 was CNY 4,914,367.68, an increase of 33.01% year-on-year, and year-to-date net profit surged by 1,606.79% to CNY 15,491,093.18[5] - The company reported a basic earnings per share of CNY 0.07 for Q3 2022, maintaining the same level as the previous year, while year-to-date earnings per share increased by 1,100.00% to CNY 0.24[5] - Total operating revenue for the current period reached ¥357,243,518.96, a significant increase of 32.7% compared to ¥269,285,482.32 in the previous period[23] - Net profit for the current period was ¥20,919,770.08, representing a substantial increase of 197.5% from ¥7,032,541.24 in the previous period[24] - The total profit for the current period was ¥18,947,953.39, a notable increase from ¥7,768,429.38 in the previous period, reflecting improved operational efficiency[24] Assets and Liabilities - Total assets at the end of Q3 2022 reached CNY 1,515,841,040.38, reflecting a growth of 35.29% compared to the end of the previous year[5] - The company's total assets as of September 30, 2022, amount to 1,515,841,040.38 yuan, an increase from 1,120,398,468.27 yuan at the beginning of the year[21] - Current assets total 1,292,319,698.69 yuan, up from 894,029,524.04 yuan at the start of the year[20] - The total liabilities as of September 30, 2022, are 536,060,940.81 yuan, down from 576,565,517.61 yuan at the beginning of the year[21] Cash Flow - The company’s cash flow from operating activities showed a net outflow of CNY 35,343,515.99, a decrease of 55.95% year-on-year[5] - The company reported a net cash outflow from operating activities of ¥35,343,515.99, an improvement from a net outflow of ¥80,239,591.59 in the prior period[28] - Cash and cash equivalents at the end of the period totaled ¥376,240,003.65, compared to ¥104,628,503.34 at the end of the previous period, indicating a net increase of ¥187,215,923.10[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,312[16] - The largest shareholder, Wuhan Optics Valley Fenghuo Technology Venture Capital Co., Ltd., holds 19.94% of shares, totaling 14,210,000 shares[16] Research and Development - Research and development expenses for the year increased by 49.38% to CNY 33,439,213.27, indicating a significant investment in innovation[12] - Research and development expenses increased to ¥33,439,213.27, up 49.5% from ¥22,385,109.27 in the previous period, reflecting the company's commitment to innovation[23] Equity and Financial Performance - The company’s total equity attributable to shareholders rose by 83.12% to CNY 919,617,678.20 compared to the end of the previous year[5] - The company's equity attributable to shareholders reached 919,617,678.20 yuan, compared to 502,201,798.19 yuan at the start of the year[21] - The company’s financial expenses showed a dramatic decrease of 8,656.80% to CNY -3,468,179.13, mainly due to increased interest income[12] Other Financial Metrics - The company reported a significant increase in other current assets by 27,153.10% to CNY 190,761,071.05, attributed to investment management activities[10] - The accounts receivable decreased to 272,490,484.73 yuan from 288,392,649.06 yuan[19] - The inventory increased to 281,069,450.09 yuan from 273,756,394.86 yuan[20] - The company reported a significant increase in contract assets, rising to 106,192,861.28 yuan from 73,896,349.94 yuan[20] - The company raised ¥460,392,698.50 from investment activities, including ¥19,600,000.00 from minority shareholders, indicating strong investor confidence[28] - The company reported a decrease in credit impairment losses to ¥-17,004,074.30 from ¥-12,041,569.88, indicating better asset quality management[24]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥273,973,740.43, representing an increase of 81.17% compared to ¥151,221,162.54 in the same period last year [24]. - The net profit attributable to shareholders of the listed company reached ¥10,576,725.50, a significant increase of 479.48% from a loss of ¥2,787,172.05 in the previous year [24]. - The net profit after deducting non-recurring gains and losses was ¥9,657,420.77, up 251.08% from a loss of ¥6,392,157.95 in the same period last year [24]. - The basic earnings per share increased to ¥0.17, compared to a loss of ¥0.05 per share in the previous year, marking a 440.00% improvement [24]. - The company's revenue for the reporting period reached ¥273,973,740.43, representing an 81.17% increase compared to ¥151,221,162.54 in the same period last year, primarily driven by growth in optical fiber sensing and intelligent products [42]. - Operating costs increased by 64.43% to ¥186,859,774.57 from ¥113,638,512.37, in line with the revenue growth [42]. - The net cash flow from operating activities was -¥48,300,842.57, an improvement of 41.22% compared to -¥82,171,534.52 in the same period last year [24]. - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥171,543,354.97, compared to a decrease of -¥128,309,976.29 in the prior period, mainly due to refinancing projects [42]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,483,188,717.56, an increase of 32.38% from ¥1,120,398,468.27 at the end of the previous year [24]. - The total amount of funds raised was ¥58,058.34 million, with ¥4,975.83 million utilized during the reporting period [49]. - The company's total assets increased, with cash holdings rising to ¥362,567,435.52, accounting for 24.45% of total assets, up from 16.96% in the previous year [45]. - The total liabilities decreased to CNY 523,516,152.63 as of June 30, 2022, down from CNY 576,565,517.61 at the start of the year, a reduction of about 9.2% [133]. - The company's equity attributable to shareholders rose to CNY 913,595,577.19 from CNY 502,201,798.19, marking an increase of approximately 81.9% [133]. Research and Development - The company holds 156 effective patents, including 102 invention patents and 111 software copyrights, showcasing its strong R&D capabilities [38]. - Research and development expenses rose by 50.36% to ¥21,438,022.14, attributed to increased employee compensation and material costs [42]. - The company focuses on developing new technologies and products, including fire alarm systems and intelligent monitoring systems [175]. - The company plans to enhance its core competitiveness through independent R&D and technology innovation, focusing on software algorithms and core components [64]. Market Position and Strategy - The company is a leading provider of fiber optic sensing technology in China, with a significant market share in oil storage and tunnel safety monitoring [34]. - The company is actively expanding its market presence in various sectors, including smart fire protection and smart transportation [32]. - The company is committed to enhancing its core competitiveness through continuous technological innovation and market expansion strategies [37]. - The company is actively pursuing strategic initiatives, including potential mergers and acquisitions, to enhance its market position [152]. Corporate Governance and Social Responsibility - All directors attended the board meeting to review the report, ensuring the accuracy and completeness of the financial statements [5]. - The company actively promotes social responsibility while creating value for shareholders, integrating social responsibility into strategic management [78]. - The company focuses on customer rights protection, enhancing service levels through continuous quality management improvements and customer feedback mechanisms [80]. - The company has established a comprehensive safety management system, conducting regular safety inspections and training to ensure a safe working environment [80]. Shareholder Information - The total number of shares increased from 55,668,540 to 71,276,123 after the issuance of 14,267,583 shares and the implementation of the stock incentive plan [107]. - The largest shareholder, Wuhan Optics Valley Fenghuo Technology Venture Investment Co., Ltd., holds 19.94% of shares, totaling 14,210,000 shares [118]. - The company granted 1.34 million restricted stocks to 48 eligible individuals at a price of 14.85 yuan per share, with the stocks listed on June 20, 2022 [72]. - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period [119]. Risks and Challenges - The company is facing risks in technology innovation and R&D, as its production technology in fiber optic sensing is leading domestically but still lags behind international peers [63]. - Accounts receivable have been increasing, maintaining a high proportion in the asset structure, which poses a risk to asset quality and financial status if not collected timely [63]. - The company has not reported any changes in the use of raised funds or any major asset or equity sales during the reporting period [56][59]. Financial Reporting and Compliance - The semi-annual financial report has not been audited, indicating that the figures may be subject to adjustments [129]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial report accurately reflects its financial status as of June 30, 2022 [180]. - The company has not issued any non-standard audit reports for the current or previous fiscal year [86].

证券代码：300557 证券简称：理工光科 公告编号：2022-039 武汉理工光科股份有限公司 关于参加 2022 年湖北辖区上市公司 投资者集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、可持 续发展等投资者所关心的问题，公司将参加湖北省证监局、湖北省上市公司协会、 深圳市全景网络有限公司联合举办的"2022 年湖北辖区上市公司投资者集体接 待日暨 2021 年度业绩说明会活动"活动。现将有关事项公告如下： 本次集体接待日将采用网络远程的方式举行，投资者可登录"全景•路演天 下"（http://rs.p5w.net），进入专区页面参与交流。交流时间为 2022 年 6 月 16 日 14:00-16:00。 出席本次集体接待日的人员有：公司总经理江山先生，董事会秘书兼财务 总监林海先生，证券事务代表范洪汝女士。 欢迎广大投资者积极参与。 特此公告。 武汉理工光科股份有限公司董事会 2022 年 6 月 14 日 ...

Revenue and Profitability - The company's revenue for Q1 2022 was ¥76,128,502.23, representing a 25.98% increase compared to ¥60,426,653.67 in the same period last year[2] - The net profit attributable to shareholders was -¥6,328,729.22, an improvement of 28.44% from -¥8,844,079.15 year-on-year[2] - The net profit for the first quarter of 2022 was -4,885,546.86 CNY, compared to -8,202,798.97 CNY in the same period last year, representing a 40.4% improvement[18] - The operating profit for the first quarter was -3,972,126.95 CNY, an improvement from -7,803,183.22 CNY year-over-year[18] - The basic and diluted earnings per share were both -0.11 CNY, compared to -0.16 CNY in the previous year[19] - The total comprehensive income for the first quarter was -4,885,546.86 CNY, compared to -8,202,798.97 CNY in the same period last year[18] Cash Flow and Liquidity - The net cash flow from operating activities was -¥34,985,604.60, showing a 43.93% improvement compared to -¥62,394,120.49 in the previous year[2] - The total cash and cash equivalents at the end of the period increased to 559,983,754.80 CNY from 156,169,764.73 CNY, marking a significant increase[21] - The company reported a cash inflow from financing activities of 420,893,698.50 CNY, with a net cash flow of 413,365,125.34 CNY after outflows[21] - The company experienced a decrease in revenue from sales of goods and services, with cash received amounting to 104,937,403.89 CNY, down from 109,367,613.85 CNY year-over-year[20] Assets and Liabilities - Total assets increased by 33.65% to ¥1,497,452,670.07 from ¥1,120,398,468.27 at the end of the previous year[2] - The total liabilities decreased to RMB 546,554,507.88 from RMB 576,565,517.61, a reduction of 5.2%[15] - The company reported a decrease in accounts receivable to RMB 279,741,155.31 from RMB 288,392,649.06, a decline of 3.7%[14] Shareholder Equity - The equity attributable to shareholders rose by 80.77% to ¥907,823,827.36 from ¥502,201,798.19 at the end of the previous year[2] - The company's equity attributable to shareholders rose to RMB 907,823,827.36 from RMB 502,201,798.19, reflecting an increase of 80.7%[16] Expenses - Research and development expenses increased by 32.53% to ¥10,383,571.01 from ¥7,835,068.81 year-on-year[6] - Sales expenses rose by 48.29% to ¥12,756,737.91 compared to ¥8,602,540.55 in the same period last year[6] - Research and development expenses for Q1 2022 were RMB 10,383,571.01, which is an increase of 32.5% compared to RMB 7,835,068.81 in Q1 2021[17] Investment Activities - The company reported a significant increase in cash received from investment activities, totaling ¥413,644,182.01 due to non-public stock issuance[8] - The company did not report any investment income for the first quarter, reflecting challenges in its investment activities[18] - The company completed the issuance of 14,267,583 shares at a price of RMB 29.50 per share, raising a total of RMB 420,893,698.50[12] Performance Metrics - The weighted average return on net assets improved to -1.27% from -1.83% year-on-year[2] - The gross profit margin decreased to approximately 10.5% in Q1 2022 from 14.5% in Q1 2021[17] - The total operating revenue for Q1 2022 was RMB 76,128,502.23, an increase of 25.9% compared to RMB 60,426,653.67 in the same period last year[17] - The total operating costs for Q1 2022 were RMB 83,448,965.47, up 18.4% from RMB 70,457,611.90 in Q1 2021[17]

Financial Performance - The company's operating revenue for 2021 was ¥443,777,501.66, representing a 4.23% increase compared to ¥425,776,479.87 in 2020[5]. - The net profit attributable to shareholders for 2021 was ¥13,502,300.93, a 1.18% increase from ¥13,345,444.95 in 2020[5]. - The net profit after deducting non-recurring gains and losses decreased by 17.21% to ¥3,427,476.66 from ¥4,139,852.17 in 2020[5]. - The net cash flow from operating activities dropped significantly by 51.73% to ¥11,536,100.89 from ¥23,901,128.86 in 2020[5]. - The total assets at the end of 2021 were ¥1,120,398,468.27, a 7.09% increase from ¥1,046,211,165.75 at the end of 2020[5]. - The net assets attributable to shareholders increased by 2.79% to ¥502,201,798.19 at the end of 2021 from ¥488,587,278.78 at the end of 2020[5]. - The company reported a basic earnings per share of ¥0.24, unchanged from 2020[5]. - The company achieved a total operating revenue of CNY 443.78 million in 2021, representing a year-on-year growth of 4.23%[49]. - The net profit for 2021 was 20.27 million yuan, up 13.17% from the previous year[41]. - The net profit attributable to shareholders was 13.50 million yuan, a year-on-year increase of 1.18%[41]. Market Position and Expansion - The company is actively expanding into new application areas such as oil and gas pipeline transportation, rail transit, and smart firefighting, which are expected to see rapid market demand growth[8]. - The company maintains a leading position in the market for large oil storage tanks and tunnel fire alarm systems, with ongoing growth in comprehensive monitoring and perimeter security markets[8]. - The company is a leading provider of fiber optic sensing technology in China, with a significant market share in oil depot and tunnel safety monitoring[34]. - The company has successfully expanded its smart firefighting business from provincial to inter-provincial markets, covering 32 cities across 3 provinces[41]. - The company is positioned in the rapidly growing Internet of Things (IoT) industry, focusing on comprehensive solutions for various applications[33]. - The company achieved a contract amount of 830 million yuan in 2021, an increase of 48% compared to the previous year[41]. - The company has established multiple engineering service points to enhance service timeliness and professionalism for its clients[44]. - The company’s market expansion includes successful bids for over 40 projects in the traditional optical fiber grating and dual-wavelength solutions in the transportation tunnel market[41]. Research and Development - The company acknowledges risks in technology innovation and R&D, particularly in keeping pace with rapid industry developments and market demands[7]. - The company has made breakthroughs in array grating sensing technology, which significantly enhances performance compared to traditional sensing technologies[34]. - The company’s core optical fiber sensing technology is at a leading position domestically, with significant advancements in various applications[37]. - The company’s R&D investment reached CNY 36.61 million, an increase of 15.11% compared to the previous year[49]. - The company is actively involved in the construction of the "Fiber Optic Early Warning Research Center," focusing on the application of IoT and AI technologies[47]. - In 2021, the company's R&D investment amounted to ¥36,614,594.73, representing 8.25% of operating revenue, an increase from 7.47% in 2020[65]. - The number of R&D personnel decreased by 2.4% to 122, with a proportion of 31.20% of total employees[65]. Governance and Management - The company’s financial report is guaranteed to be true, accurate, and complete by its board and management, ensuring accountability for any misleading statements[5]. - The board consists of 11 members, including 4 independent directors, ensuring compliance with legal requirements[95]. - The company has established a comprehensive internal control system to manage financial risks and optimize asset utilization[97]. - The company maintains a fully independent operational structure, with no competition or unfair transactions with controlling shareholders[99]. - The company emphasizes risk prevention and compliance, enhancing governance and operational quality[94]. - The board of directors held 9 meetings during the reporting period, ensuring effective governance and decision-making[95]. - The company has a dedicated financial department that operates independently, ensuring sound financial decision-making[100]. - The company has a diverse management team with backgrounds in engineering, finance, and telecommunications[105][106][107][108]. Shareholder and Dividend Information - The profit distribution plan approved by the board proposes a cash dividend of 2.00 yuan (including tax) for every 10 shares based on a total of 55,668,540 shares[10]. - The cash dividend accounted for 100% of the total profit distribution, with a distributable profit of 220,481,295.78 CNY[132]. - The company reported a cash dividend of 2.00 CNY per 10 shares, totaling 11,133,708 CNY for the year 2021[132]. - The total number of shares is 55,668,540, with 99.48% being unrestricted shares[178]. - The total number of shareholders at the end of the reporting period was 7,798[179]. Operational Efficiency and Cost Management - The company is enhancing talent development and cost management to improve operational efficiency[89]. - The company aims to reduce operational costs by 10% through efficiency improvements in the supply chain[112]. - The operating cost for the year was CNY 312.21 million, an increase of 1.85% compared to the previous year[49]. - Sales expenses rose by 13.23% to CNY 51,573,793.80, mainly due to increased marketing expenses during the reporting period[62]. - Management expenses increased by 21.13% to CNY 22,319,748.90, primarily due to higher employee compensation and depreciation[62]. - Research and development expenses grew by 15.11% to CNY 36,614,594.73, mainly driven by increased employee salaries[62]. Environmental and Social Responsibility - The company has actively engaged in social responsibility initiatives, contributing to the development of fiber optic sensing technology and supporting vulnerable groups[143]. - The company has implemented measures to enhance environmental awareness among employees, aiming for sustainable development[142]. - The company has established a comprehensive safety management system, conducting regular safety inspections and training to improve workplace safety[145]. - No environmental pollution incidents or legal penalties were reported during the reporting period, demonstrating compliance with environmental protection laws[145]. Future Outlook - The company provided a future outlook projecting a revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion strategies[112]. - The company plans to strengthen key technologies and expand application scenarios in new industries and fields in 2022[84]. - The company aims to enhance the engineering application of grating array technology and improve product maturity for various monitoring systems[85]. - The company will continue to promote traditional products while developing new products to maintain high market share and profitability[87].

Financial Performance - The company's revenue for Q3 2021 reached ¥118,064,319.78, representing a 36.37% increase compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥3,694,789.55, a significant increase of 317.34% year-over-year[3] - The basic earnings per share for Q3 2021 was ¥0.07, reflecting a 231.86% increase compared to the same period last year[3] - Total operating revenue for Q3 2021 reached ¥269,285,482.32, a significant increase from ¥122,478,969.59 in the same period last year, representing a growth of approximately 120%[18] - The net profit for Q3 2021 was ¥7,032,541.24, a turnaround from a net loss of ¥7,587,520.80 in the previous year[19] - The total comprehensive income for Q3 2021 was ¥7,032,541.24, compared to a comprehensive loss of ¥7,587,520.80 in Q3 2020[20] - Basic and diluted earnings per share for Q3 2021 were both ¥0.02, compared to a loss per share of ¥0.19 in the same quarter last year[20] Assets and Liabilities - Total assets as of September 30, 2021, amounted to ¥1,077,506,350.74, showing a 2.99% increase from the end of the previous year[3] - As of September 30, 2021, total assets amounted to CNY 1,077,506,350.74, an increase from CNY 1,046,211,165.75 at the end of 2020, reflecting a growth of approximately 3.5%[16] - Current assets totaled CNY 872,003,852.39, compared to CNY 815,563,767.88 at the end of 2020, indicating an increase of about 6.9%[15] - Total liabilities reached CNY 546,911,028.74, compared to CNY 522,648,384.99 at the end of 2020, showing a rise of about 4.6%[17] - The company's cash and cash equivalents decreased to CNY 105,628,503.34 from CNY 229,268,773.61, a decline of approximately 53.8%[14] - The total equity attributable to shareholders was CNY 489,594,854.69, slightly up from CNY 488,587,278.78, reflecting a marginal increase of about 0.2%[17] Cash Flow - The company's operating cash flow for the year-to-date period was negative at -¥80,239,591.59, a decrease of 49.25% compared to the previous year[3] - Cash inflow from operating activities for the first nine months of 2021 was ¥343,317,193.87, a 32.23% increase compared to the previous year[9] - Cash flow from operating activities showed a net outflow of ¥80,239,591.59, worsening from a net outflow of ¥53,762,124.91 in the same quarter last year[21] - The company’s cash and cash equivalents at the end of Q3 2021 were ¥104,628,503.34, down from ¥180,185,652.40 at the end of Q3 2020[24] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 51.88% to ¥304,641,596.66 due to increased project execution and procurement[6] - Inventory increased significantly to CNY 304,641,596.66 from CNY 200,574,572.75, representing a growth of approximately 51.8%[15] - Accounts receivable rose to CNY 303,435,743.91, up from CNY 245,554,695.90, marking an increase of around 23.5%[14] Operating Costs and Expenses - The company's operating costs for the first nine months of 2021 were ¥192,674,220.03, reflecting a 138.80% increase year-over-year[8] - Total operating costs amounted to ¥259,848,740.37, compared to ¥131,713,729.26 in Q3 2020, indicating an increase of about 97%[18] - Research and development expenses increased to ¥22,385,109.27, up from ¥14,249,727.96, reflecting a growth of about 57% year-over-year[18] Borrowings and Liabilities - The company’s short-term borrowings decreased by 43.03% to ¥39,877,861.55 as a result of loan repayments[6] - The company reported a significant decrease in short-term borrowings, which fell to CNY 39,877,861.55 from CNY 70,000,000.00, a reduction of approximately 43.1%[16] - The contract liabilities increased to CNY 230,537,809.19 from CNY 160,392,977.42, indicating a growth of about 43.6%[16] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - The company incurred a credit impairment loss of ¥12,041,569.88, which was higher than the loss of ¥9,109,446.18 reported in the previous year[19]