Financial Performance - The total operating revenue for the year 2022 was CNY 1,087.40 million, a significant decline compared to previous periods[3] - The net profit attributable to shareholders was a loss of CNY 37.63 million, with a net profit of CNY -56.82 million after deducting non-recurring gains and losses[3] - The company's operating revenue for 2022 was CNY 1,087,395,606.65, representing a 33.13% increase compared to CNY 816,819,640.71 in 2021[28] - The net profit attributable to shareholders was a loss of CNY 37,632,342.28 in 2022, a decrease of 270.38% from a profit of CNY 22,086,698.31 in 2021[28] - The cash flow from operating activities increased by 165.61% to CNY 73,541,195.16 in 2022, compared to CNY 27,687,931.35 in 2021[28] - The total assets at the end of 2022 were CNY 1,969,136,969.66, a 7.29% increase from CNY 1,835,335,100.80 at the end of 2021[28] - The company's net assets attributable to shareholders increased by 23.54% to CNY 987,598,468.69 at the end of 2022, compared to CNY 799,439,981.71 at the end of 2021[28] - The basic earnings per share for 2022 was -CNY 0.20, a decrease of 253.85% from CNY 0.13 in 2021[28] - The company reported a significant increase in non-operating income, totaling CNY 19,191,423.54 in 2022, compared to CNY 9,093,262.26 in 2021[34] Dividend Distribution - The company plans to distribute a cash dividend of CNY 0.30 per 10 shares (tax included) to all shareholders[6] - The total share capital for the dividend distribution is based on 210,504,680 shares after excluding treasury shares[6] - The company distributed cash dividends of RMB 6,315,140.40, with a dividend of RMB 0.30 per 10 shares, representing 100% of the total profit distribution[169] Business Operations and Strategy - The company maintains that its core business and competitive advantages have not undergone significant adverse changes[3] - Future operational risks and potential challenges are detailed in the management discussion section of the report[4] - The company emphasizes the importance of understanding the difference between plans, forecasts, and commitments regarding future performance[3] - The report indicates that the company’s ability to continue as a going concern is not significantly at risk[3] - The company is positioned in a growing industry with increasing technological and quality demands driven by the rapid development of the national economy[39] - The company is a leading domestic brand in the spring manufacturing industry, actively pursuing innovation and technology breakthroughs in the automotive spring sector[40] - The company focuses on high-end spring products and precision injection parts, with applications in the automotive industry and other sectors such as machinery and home appliances[48] - The company has established long-term partnerships with international automotive parts suppliers and is a primary supplier for several well-known domestic automotive manufacturers[47] Market Trends and Industry Insights - The automotive spring products account for over 50% of the total spring production and sales, indicating a strong market demand[39] - The domestic automotive parts industry has seen significant growth, with local brands rapidly expanding their production scale and improving technology and management levels, capturing a substantial market share[40] - The automotive parts industry is closely linked to the automotive industry, with development cycles synchronized with macroeconomic fluctuations, impacting automotive consumption[43] - The lightweight development trend in automotive parts aims to reduce vehicle weight by 20% by 2025 compared to 2015, contributing to energy conservation and emissions reduction[42] - The spring manufacturing industry is characterized by intense competition, particularly in the mid-to-high-end market, where established players dominate[44] Research and Development - The company has a well-established R&D team with expertise in metal materials and heat treatment, contributing to its competitive advantage[65] - The company’s R&D investment in 2022 amounted to ¥49,612,005.85, representing 4.56% of operating revenue, a decrease from 6.15% in 2021[83] - The company aims to enhance its technological innovation capabilities and strengthen R&D collaboration with major manufacturers in the automotive industry[114] - The company plans to focus on developing lightweight, high fatigue life, and high strength new materials to break foreign technology monopolies[114] - The company is developing new projects such as the commercial vehicle composite leaf spring project and the automotive interior parts project, which are anticipated to provide new business growth points[82] Corporate Governance - The company maintains complete independence from its controlling shareholders in terms of assets, personnel, finance, and operations[132] - The company has established a complete independent personnel management system, with no overlap of management roles with controlling shareholders[135] - The company legally owns all necessary assets for its operations, including land, buildings, and equipment, without providing guarantees for its shareholders[136] - The company has established an independent financial department with dedicated personnel and separate bank accounts, ensuring compliance with accounting standards and independent financial decision-making[138] - The company maintains a robust corporate governance structure, including a shareholders' meeting, board of directors, and supervisory board, ensuring effective management and operational independence[137] Employee and Labor Relations - The total number of employees at the end of the reporting period was 1,746, with 692 in the parent company and 1,054 in major subsidiaries[164] - The company has a total of 1,224 production personnel, 80 sales personnel, and 186 technical personnel among its workforce[164] - The company has a total of 132 retired employees for whom it bears costs[164] - The company’s training plan includes lean production, skills training, and quality management to develop an expert-level workforce[166] Environmental and Social Responsibility - The company emphasizes environmental protection and compliance with regulations, with no administrative penalties reported during the reporting period[184] - The company has committed to reducing and avoiding related party transactions, ensuring fair practices and compliance with regulations[191] - The company has actively participated in social responsibility initiatives, including charitable donations and rural development projects[186] - The company is committed to sustainable development and integrates environmental considerations into its daily operations[185] Future Outlook and Projections - The company has set ambitious performance guidance for 2023, targeting a revenue growth of over 10%[145] - The company plans to enhance its digital marketing efforts, with a budget increase of 50% to improve brand visibility and customer engagement[196] - The company is exploring potential mergers and acquisitions to strengthen its market position[145] - The company aims to achieve a significant growth rate in user data and customer engagement metrics in 2023[145] - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2025[198]

Group 1: Company Overview and Product Performance - The main revenue growth for the company is expected to come from the suspension system springs, with an anticipated production of 721 million automotive springs [2] - In 2016, the market share for suspension springs was approximately 4.4%, while the stabilizer market share was about 1.9% [4] - The company has a diverse product line, covering five major categories with thousands of products [5] Group 2: Profitability and Market Sensitivity - The gross margin for suspension system springs is lower due to high material costs and significant price sensitivity from customers [3] - High-margin products, such as body and interior springs, maintain a gross margin of around 50% due to lower material costs and complex manufacturing processes [3] Group 3: Market Expansion and Competitive Landscape - The overall market space for automotive springs is estimated to be several hundred billion yuan, with intense competition and low market share for individual manufacturers [5] - The company plans to strengthen relationships with existing customers while actively exploring new markets and products, such as elastic components [6] Group 4: Future Outlook and Capacity Utilization - The company expects a certain level of growth in 2017 compared to the previous year, based on Q1 performance [6] - Current capacity utilization is high, and the company is accelerating investment projects to alleviate capacity constraints [7] - The company is exploring potential mergers and acquisitions in the industry to enhance its market position [7]

编号：2022-003 1 证券代码：300611 证券简称：美力科技 债券代码：123097 债券简称：美力转债 浙江美力科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|---------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | □特定对象调研 □分析师会议 | | | 投资者关系 | □媒体采访 | ☑ 业绩说明会 | | 活动类别 | □新闻发布会 □路演活动 | | | | □现场参观 | □其他 | | 参与单位名称 | 参加公司 2021 | 年度网上业绩说明会的投资者 | | 及人员名称 | | | | 时间 地点 | 2022年5月18 | 日（周三） 15 ...

编号：2022-007 特定对象调研 □分析师会议 投资者关系 □媒体采访 □业绩说明会 活动类别 □新闻发布会 □路演活动 现场参观 □其他 安信证券 徐昊 参与单位名称 鹏扬基金 王鹏 及人员名称 德邦基金 王琦、王乐琛 尚善资产 刘晓鹏 证券代码：300611 证券简称：美力科技 债券代码：123097 债券简称：美力转债 浙江美力科技股份有限公司 投资者关系活动记录表 | --- | --- | |-----------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 时间 | 2022年7月21 日 10:00-11:00 | | 地点 | 公司会议室 | | 上市公司接待 人员姓名 | 董事长：章碧鸿 董事会秘书：梁钰琪 财务经理：董圆圆 | | | 一、公司基本情况介绍 公 ...

证券代码：300611 证券简称：美力科技 债券代码：123097 债券简称：美力转债 编号：2022-005 | --- | --- | --- | |----------------|--------------------------|----------------------------------------------------------| | | ☑ | 特定对象调研 □分析师会议 | | 投资者关系 | □媒体采访 | □业绩说明会 | | 活动类别 | □新闻发布会 □路演活动 | | | | □现场参观 | □其他 | | 参与单位名称 | 光大证券 刘凯、贺根 | | | 及人员名称 | 华建函数基金 | 易欢欢、刁心玉 | | 时间 | 2022年6月29日10:00-11:30 | | | 地点 | 公司会议室，线上会议 | | | 上市公司接待 | 董事长：章碧鸿 | | | 人员姓名 | 董事会秘书：梁钰琪 | | | | 一、公司基本情况介绍 | | | | | 公司董秘向投资者介绍了公司的发展历程、产品应用及主要 | | | 客户等情况。 | | | | 二、互动交流环 ...

编号：2022-006 证券代码：300611 证券简称：美力科技 债券代码：123097 债券简称：美力转债 | --- | --- | --- | --- | --- | |-----------------------|------------------------------------------------------------------------------|-----------------------|------------------------|----------------------------------------------------------| | 投资者关系 \n活动类别 | ☑ 特定对象调研 □分析师会议 \n□媒体采访 \n□新闻发布会 □路演活动 \n□现场参观 | □业绩说明会 | | | | | 广发基金 | | 代振华 信达证券 王明路 | | | | 银华基金 | 陈晓雅、冯帆 平安基金 | | 江正青、张乔波 | | | 华泰证券 | 陈诗慧 广发基金 | | 陈少平、苗宇 | | 参与单位名称 | 信达澳银 | | | 齐兴方、童昌希 浦银 ...

证券代码：300611 证券简称：美力科技 编号：2022-008 | --- | --- | --- | |-------------------------|--------------------------------|----------------------------------------------------------| | | 特定对象调研 □分析师会议 | | | 投资者关系 | □媒体采访 □业绩说明会 | | | 活动类别 | □新闻发布会 | □路演活动 | | | 现场参观 □其他 | | | | 浙商资管 | 叶方强、周文超 浙商证券 翁晋翀 | | 参与单位名称 及人员名称 | 亘曦资产 个人投资者 彭永胜 | 姜捷 东海资管 郑军 | | 时间 | 2022年10 月28日 | 15:15-16:30 | | 地点 | 公司会议室，电话会议 | | | 上市公司接待 | 董事会秘书：梁钰琪 | | | 人员姓名 | 财务负责人：马林良 | | | | 一、公司基本情况介绍 | | | | | 公司董秘向投资者介绍了公司的发展历程、产品、客户及研 | | | 发能力等情 ...

Financial Performance - The company's revenue for Q3 2022 reached ¥296,240,751.08, representing a 66.11% increase year-over-year[4] - The net profit attributable to shareholders was ¥4,945,614.56, a decrease of 43.39% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,457,313.67, down 56.26% year-over-year[4] - The basic earnings per share for the reporting period was ¥0.03, a decrease of 40.00% compared to the same period last year[4] - The weighted average return on equity was 0.72%, down 0.34% year-over-year[4] - The net profit for Q3 2022 was -¥20,367,757.44, compared to a net profit of ¥28,424,922.41 in the same period last year, indicating a significant decline[28] - The operating profit for the quarter was -¥17,875,468.89, down from ¥30,664,843.31 in Q3 2021, reflecting operational challenges[28] - The total comprehensive income for the quarter was -¥20,367,757.44, compared to ¥27,700,039.31 in the previous year, highlighting a downturn in overall financial performance[29] - The company reported a basic and diluted earnings per share of -¥0.04, down from ¥0.16 in Q3 2021, reflecting the impact of losses[29] Cash Flow and Liquidity - The operating cash flow net amount for the year-to-date period was ¥25,333,684.09, an increase of 205.64%[4] - The net cash flow from operating activities was ¥25,333,684.09, compared to ¥8,288,756.35 in the same quarter last year, indicating improved cash generation[30] - The net cash flow from financing activities decreased by 51.09% to ¥158.44 million, down from ¥323.91 million, mainly due to the previous year's fundraising from convertible bonds[14] - The net cash flow from investing activities was -¥99,256,652.88, compared to -¥89,517,003.29 in the same period last year, indicating ongoing investment expenditures[31] - Cash and cash equivalents at the end of the period totaled ¥218,827,101.70, down from ¥277,788,357.98 at the end of Q3 2021, indicating a decrease in liquidity[31] - The company's cash and cash equivalents decreased by 63.92% to ¥87.26 million from ¥241.87 million, also due to the previous year's fundraising activities[14] - The company's cash and cash equivalents increased by 64.75% to ¥235,172,915.70 compared to the end of the previous year[8] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,992,980,800.79, an increase of 8.59% from the end of the previous year[4] - The total assets as of September 30, 2022, were ¥1,992,980,800.79, compared to ¥1,835,335,100.80 at the beginning of the year, reflecting an increase of 8.6%[26] - The total liabilities decreased to ¥884,687,640.39 from ¥931,568,612.22, a reduction of 5.0%[26] - The equity attributable to shareholders at the end of the reporting period was ¥1,017,106,384.00, up 27.23% from the previous year-end[4] - The equity attributable to the parent company increased to ¥1,017,106,384.00 from ¥799,439,981.71, marking a rise of 27.3%[26] Operating Performance - The company's operating revenue for the first nine months of 2022 was ¥761.75 million, representing a 38.16% increase compared to ¥551.36 million in the same period of 2021[11] - Total revenue from sales of goods and services reached ¥613,562,272.50, an increase from ¥419,706,624.57 in the previous year, showing growth in sales[30] - Operating costs increased by 56.75% to ¥651.10 million from ¥415.37 million, primarily due to the consolidation of Beijing Dayuan and Jiangsu Dayuan[11] - The total operating revenue for the period reached ¥761,745,067.49, an increase of 38.1% compared to ¥551,358,196.89 in the previous period[27] - The total operating costs amounted to ¥782,807,986.33, up 50.0% from ¥522,269,127.73 in the previous period[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,258, with the largest shareholder, Zhang Bihong, holding 36.32% of the shares[15] - The company completed the sale of 4 million shares from its first employee stock ownership plan between June 20 and July 4, 2022[19] Other Information - The company signed a housing repurchase agreement with the government on July 12, 2022, and has vacated the property as of the report date[19] - The company redeemed 34,842 convertible bonds at a price of ¥100.43 per bond on September 8, 2022[21] - The company’s research and development expenses were ¥35,948,582.32, slightly down from ¥38,250,700.97 in the previous period[27] - The company completed the registration change and obtained a new business license during the reporting period[22] - The company incurred credit impairment losses of -¥2,014,439.02, compared to a gain of ¥2,214,519.13 in the previous year, reflecting increased credit risk[28] - Other income rose significantly by 122.88% to ¥6.08 million, mainly due to increased government subsidies[11]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥465,504,316.41, representing a 24.80% increase compared to ¥373,012,787.87 in the same period last year[24]. - The net profit attributable to shareholders of the listed company was a loss of ¥12,173,641.53, a decrease of 162.58% from a profit of ¥19,454,461.27 in the previous year[24]. - The basic and diluted earnings per share were both -¥0.07, a decline of 163.64% compared to ¥0.11 in the previous year[24]. - The net profit after deducting non-recurring gains and losses was CNY -1,617.44 million, a decline of 183.91% compared to the same period last year[172]. - The total comprehensive income for the first half of 2022 was -20,287,743.53 yuan, contrasting with 18,964,422.89 yuan in the same period last year[185]. - The company reported a significant increase in short-term loans, which rose by 1.60% to ¥213,697,925.05, compared to ¥188,014,931.96 at the end of the previous year[59]. - The company's liquidity ratio was 1.51, a decrease of 3.82% compared to the previous year[172]. - The interest coverage ratio dropped to -0.44, down 113.88% year-on-year, indicating a significant decline in profitability[172]. Cash Flow and Investments - The net cash flow from operating activities increased significantly to ¥48,829,298.10, up 3,007.97% from ¥1,571,097.78 in the same period last year[24]. - The company received 32,409,371.65 yuan in tax refunds, significantly higher than 4,398,945.72 yuan in the same period last year, indicating improved cash flow management[190]. - Cash outflow from investing activities totaled CNY 58,889,681.39, a decrease of 48.5% compared to CNY 114,408,617.20 in the previous year[194]. - The net cash flow from financing activities was CNY 22,274,538.31, down 93.1% from CNY 322,743,316.62 in the first half of 2021[194]. - The ending cash and cash equivalents balance was CNY 105,600,420.33, a decrease of 65.4% from CNY 304,916,387.32 at the end of the previous year[194]. Market and Industry Context - In the first half of 2022, China's automotive production and sales reached 12.117 million and 12.057 million units, respectively, representing a year-on-year decline of 3.7% and 6.6%[32]. - The automotive industry is expected to maintain stable growth in the second half of 2022, driven by government policies and market recovery[33]. - The company has faced challenges due to supply chain disruptions caused by the COVID-19 pandemic and rising raw material prices[32]. - The government has implemented policies such as halving the vehicle purchase tax, which is expected to stimulate market activity and consumer confidence[33]. Research and Development - Research and development investment decreased by 5.64% to ¥23,166,120.74, down from ¥24,550,024.13 in the previous year[53]. - The company holds a total of 92 patent technologies and has developed industry-leading new material technology ML1900 for spring manufacturing, contributing to automotive lightweighting[47]. - The company has allocated 1.5 million yuan for research and development in new technologies[198]. Corporate Governance and Shareholder Information - The actual controller, Mr. Zhang Bihong, holds 42.60% of the company's shares, which poses potential risks to the interests of minority shareholders[86]. - The company has established a series of governance rules to mitigate risks associated with the actual controller's influence on operational decisions[86]. - The largest shareholder, Zhang Bihong, holds 42.60% of the shares, totaling 76,230,400 shares[153]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[157]. Future Outlook and Strategic Initiatives - The company plans to expand its market presence and invest in new product development to drive future growth[198]. - Future guidance suggests a revenue growth target of 20% for the next half of the year[198]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[198]. - Strategic initiatives include enhancing digital marketing efforts to attract a younger demographic[198]. Risk Management - The company has faced significant risks and challenges, which are detailed in the section on risks and countermeasures[3]. - The company faces significant cost pressure due to fluctuations in raw material prices, particularly steel, which constitutes a large portion of production costs[86]. - The company has implemented measures to mitigate risks of declining gross profit margins, including enhancing internal management and accelerating new customer and product development[87].

Financial Performance - The company's revenue for Q1 2022 was ¥252,226,427.20, representing a 39.26% increase compared to ¥181,118,105.43 in the same period last year[3] - Net profit attributable to shareholders decreased by 85.24% to ¥1,806,789.14 from ¥12,242,217.79 year-on-year[3] - Basic and diluted earnings per share fell by 85.71% to ¥0.01 from ¥0.07 in the same period last year[3] - Net profit for Q1 2022 was CNY 102.31 million, a significant decrease from CNY 12.30 million in Q1 2021[26] - The company's total assets amounted to CNY 1.83 billion, slightly down from CNY 1.84 billion at the end of the previous quarter[23] - The total equity attributable to shareholders of the parent company was CNY 816.88 million, an increase from CNY 799.44 million in the previous quarter[23] Cash Flow - The net cash flow from operating activities was negative at -¥16,495,612.06, a decline of 17.17% compared to -¥14,078,489.57 in the previous year[3] - The net cash flow from financing activities decreased by 91.98% to ¥26,004,246.01 from ¥324,287,296.54 in the same period last year[10] - Total cash inflow from operating activities amounted to 250,788,521.82 CNY, while cash outflow was 267,284,133.88 CNY, resulting in a net cash outflow of 16,495,612.06 CNY[30] - Cash flow from investing activities showed a net outflow of -47,270,685.64 CNY, compared to -43,179,723.90 CNY in the same period last year[31] - The ending balance of cash and cash equivalents was 93,606,347.75 CNY, down from 302,656,868.49 CNY at the end of the previous year[31] Operating Costs - The company reported a significant increase in operating costs, with a rise of 51.53% in cost of goods sold to ¥206,695,840.80 from ¥136,403,472.56[10] - Total operating costs for Q1 2022 were CNY 254.34 million, up 51.8% from CNY 167.46 million in the same period last year[25] - The company experienced a 122.24% increase in taxes and surcharges, amounting to ¥2,145,554.68 compared to ¥965,422.85 in the previous year[10] - The company reported a significant increase in cash paid to employees, totaling 50,765,918.26 CNY, compared to 37,031,741.55 CNY last year[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,833,735,833.47, a slight decrease of 0.09% from ¥1,835,335,100.80 at the end of the previous year[3] - Total liabilities decreased to CNY 914.23 million from CNY 931.57 million in the previous quarter[23] - The total fixed assets as of March 31, 2022, were CNY 698,271,292.47, down from CNY 717,935,335.02 at the beginning of the year[21] Investments and Subsidiaries - A new wholly-owned subsidiary, Meili (Germany) Co., Ltd., was established in Düsseldorf with an investment of €200,000 to expand into the European market[19] - The company issued 3 million convertible bonds with a total value of CNY 300 million, which began trading on February 24, 2021[15] - As of March 31, 2022, there were 2,998,808 convertible bonds remaining, with a total face value of CNY 299,880,800[16] Research and Development - Research and development expenses for Q1 2022 were CNY 11.54 million, slightly up from CNY 11.28 million in Q1 2021[26] - The company received the "High-tech Enterprise Certificate," valid for three years, enhancing its innovation credentials[17] Audit Status - The report for the first quarter was not audited[32]