会议召开时间：2023 年 05 月 18 日（星期四）15:00-16:00 会议召开地点：价值在线（www.ir-online.cn） 证券代码：300619 证券简称：金银河 公告编号：2023-034 佛山市金银河智能装备股份有限公司 关于举办2022年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 佛山市金银河智能装备股份有限公司（以下简称"公司"）已于 2023 年 4 月 26 日在巨潮资讯网上披露了《2022 年年度报告》及《2022 年年度报告摘要》。 为便于广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定 于 2023 年 05 月 18 日（星期四）15:00-16:00 在"价值在线"（www.ir-online.cn） 举办 2022 年度网上业绩说明会，与投资者进行沟通和交流，广泛听取投资者的 意见和建议。 一、说明会召开的时间、地点和方式 四、问题征集方式 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度网上业绩说明 会提前向投资者公开征集问题。投资者可于 2023 年 05 月 ...

Revenue and Profit Growth - Revenue for Q3 2022 reached ¥487,739,832.34, an increase of 39.25% year-over-year, and total revenue for the year-to-date was ¥1,284,421,324.47, up 67.82% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥28,020,659.40, representing a 131.03% increase year-over-year, with a year-to-date net profit of ¥47,051,941.59, up 144.57%[5] - The company's operating revenue for the year-to-date reached ¥1,284,421,324.47, representing a 67.82% increase compared to ¥765,362,858.91 in the same period last year, primarily driven by the growth in lithium battery equipment sales due to the expansion of downstream clients in the new energy sector[10] - The net profit for the third quarter of 2022 was CNY 47,051,941.59, a significant increase of 144.5% compared to CNY 19,238,531.83 in the same period last year[24] - Operating profit reached CNY 61,484,041.76, up 152.5% from CNY 24,336,742.39 year-on-year[24] - The company reported a total profit of CNY 61,798,774.57, which is an increase of 144.5% from CNY 25,174,535.17 year-on-year[24] Earnings Per Share - The basic earnings per share for Q3 2022 was ¥0.3161, a 94.64% increase compared to the same period last year, while the diluted earnings per share was ¥0.3145, up 93.66%[5] - Basic earnings per share increased to CNY 0.5357 from CNY 0.2576, representing a growth of 108.5%[25] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was ¥225,833,805.82, a significant increase of 537.99%[5] - The net cash flow from operating activities surged by 537.99% to ¥225,833,805.82, up from ¥35,397,722.31, due to increased customer payments from a significant rise in lithium battery production equipment orders[10] - Cash flow from operating activities generated a net amount of CNY 225,833,805.82, compared to CNY 35,397,722.31 in the previous year, marking a substantial increase[28] - The total cash inflow from financing activities was CNY 719,911,004.85, compared to CNY 374,762,561.00 in the previous year, indicating a growth of 92%[29] - The company experienced a net cash outflow from investment activities of CNY 131,060,826.14, compared to CNY 58,966,468.62 in the same period last year[28] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥2,807,677,631.19, a 31.42% increase from the end of the previous year[5] - The company's total liabilities increased by 31.99% to ¥16,686,613.94, primarily due to increased product warranty provisions[10] - Total liabilities increased to CNY 1,950,251,955.35 from CNY 1,418,325,256.98, reflecting a growth of about 37%[21] - The company's equity attributable to shareholders rose to CNY 857,425,675.84 from CNY 718,078,126.27, an increase of approximately 19%[22] Expenses - Operating costs increased by 72.91% to ¥1,009,643,404.29 from ¥583,928,074.08, attributed to a rise in orders[10] - Research and development expenses rose by 69.88% to ¥58,126,867.61 from ¥34,217,220.76, reflecting higher personnel costs and investments in R&D materials[10] - The company reported a 148.43% increase in income tax expenses, amounting to ¥14,746,832.98, due to higher profits[10] - The company’s sales expenses increased by 67.88% to ¥41,083,094.62, driven by higher employee compensation and product warranty provisions[10] - The company’s management expenses rose by 33.33% to ¥78,100,432.03, mainly due to increased salaries and depreciation costs[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,594, with the largest shareholder holding 24.40% of the shares[12] - The company plans to issue up to 26,596,512 shares, raising no more than ¥1,700,000,000 to fund projects related to advanced manufacturing equipment for the new energy sector and to supplement working capital[17] Accounts Receivable and Inventory - Accounts receivable increased by 40.84% year-over-year to ¥521,323,491.32, primarily due to increased revenue from lithium battery production equipment[9] - Inventory levels increased to CNY 585,819,203.24 from CNY 462,995,395.37, representing a growth of around 26%[19]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 796,681,492.13, representing a 91.93% increase compared to CNY 415,097,333.68 in the same period last year[22]. - The net profit attributable to shareholders of the listed company reached CNY 19,031,282.19, a significant increase of 167.67% from CNY 7,110,006.18 year-on-year[22]. - The net cash flow from operating activities was CNY 88,847,745.03, a turnaround from a negative cash flow of CNY -34,221,017.75 in the previous year, marking a 359.63% improvement[22]. - The basic earnings per share increased to CNY 0.2212, up 132.35% from CNY 0.0952 in the same period last year[22]. - The total revenue for the equipment manufacturing segment was ¥638,016,630.85, with a year-on-year increase of 134.98%[57]. - The company's revenue for the reporting period reached ¥796,681,492.13, a 91.93% increase compared to ¥415,097,333.68 in the same period last year, primarily driven by significant growth in lithium battery equipment sales due to the development of the national new energy industry[54]. - The company reported a significant increase in sales expenses by 91.72% to ¥25,447,783.46, mainly due to higher employee compensation and warranty provisions[54]. - The company reported a net profit of 1,298.18 million yuan for the current period, representing a 515.16% increase compared to the same period last year[150]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,465,939,809.01, reflecting a 15.42% increase from CNY 2,136,403,383.25 at the end of the previous year[22]. - The company's total liabilities as of the end of the first half of 2022 amounted to CNY 1,380,334,719.23, up from CNY 1,136,351,518.86 at the end of the first half of 2021, indicating a growth of 21.5%[163]. - Short-term borrowings rose to ¥409,506,555, which is 16.61% of total liabilities, an increase of 2.95% from the previous year[61]. - The company's inventory increased to ¥586,595,082, which is 23.79% of total assets, up from 21.67% at the end of the previous year[61]. - The total liabilities reached CNY 1,641,076,000.55, marking an increase of 15.7% from CNY 1,418,325,256.98[157]. - The company's total assets at the end of the reporting period amounted to 1.37 billion yuan, an increase of 44.8% compared to the previous year[184]. Research and Development - The company has a strong R&D capability in organic silicon new materials and new energy materials, with products widely used in various sectors[31]. - Research and development expenses rose by 80.83% to ¥34,845,891.03, attributed to increased staff salaries, stock incentive costs, and R&D material investments[54]. - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[156]. - The company aims to enhance its research and development efforts to innovate and improve product offerings[180]. - The company has initiated new product development strategies aimed at enhancing market competitiveness and expanding its product portfolio[176]. Market Position and Strategy - The company is a leading enterprise in the domestic high-end equipment manufacturing sector, focusing on new energy equipment and chemical new materials equipment[30]. - The company aims to expand its market presence and enhance its technological capabilities through continuous innovation and strategic initiatives[30]. - The company acknowledges the risk of economic fluctuations impacting the demand for lithium battery and automation equipment, which could adversely affect sales[83]. - The company is committed to improving management levels and controlling costs to address risks from macroeconomic volatility[81]. - The company is focusing on strategic acquisitions to bolster its market share and operational capabilities[180]. Product Development and Innovation - The company has developed a dual-sided high-speed coating machine for lithium battery electrodes, improving production efficiency and reducing secondary damage to the electrodes[33]. - The company has launched a series of automated production lines for silicone products, including a continuous production line for vinyl (methyl) silicone oil, which integrates multiple production steps[33]. - The company emphasizes the development of new technologies and products to enhance its competitive edge in the lithium extraction and silicone production markets[33]. - The company has developed a complete set of automated equipment, including automatic feeding and packaging systems, to meet the increasing demands for production automation and cleanliness[45]. - The company has successfully developed a fully automated continuous production line for silicone sealants, high-temperature vulcanized silicone rubber, liquid silicone rubber, and lithium carbonate extraction from lepidolite[35]. Corporate Governance and Compliance - The company emphasizes its commitment to corporate governance and shareholder rights, ensuring legal protections for all shareholders[97]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[101]. - There were no significant environmental penalties or issues reported during the period, indicating compliance with environmental regulations[96]. - The semi-annual financial report has not been audited, which may affect the reliability of the financial data presented[103]. - The company has not experienced any bankruptcy reorganization matters during the reporting period[104]. Legal Matters - The company is involved in a lawsuit against Wuxi Lingge Machinery Technology Co., Ltd. for patent infringement related to lithium battery electrode slurry production, with a claim for damages amounting to RMB 8 million[106]. - The lawsuit is currently in progress, and the company cannot determine its impact on current or future profits until a final ruling is made[106]. Shareholder Information - Major shareholder Zhang Qifa holds 16,225,378 shares, representing 24.40% of total shares, with 5,408,459 shares pledged[133]. - The company has a total of 15,215 common shareholders at the end of the reporting period[133]. - The top ten shareholders include Guangzhou Haihui Wealth Venture Capital with 9,553,035 shares, accounting for 10.78% of total shares[134]. - The controlling shareholder or the largest shareholder and their concerted actors have pledged shares accounting for 80% of their total holdings[135].

Financial Performance - The company achieved total revenue of 1,149.79 million yuan in 2021, representing a year-on-year increase of 93.51%[100]. - The net profit attributable to shareholders was 30.04 million yuan, up 135.75% compared to the previous year[100]. - The company's operating revenue for 2021 was CNY 1,149,794,171.40, representing a 93.51% increase compared to CNY 594,180,827.04 in 2020[19]. - The net profit attributable to shareholders for 2021 was CNY 30,035,999.39, a 135.74% increase from CNY 12,740,914.42 in 2020[19]. - The total operating revenue for 2021 reached CNY 1,149,794,171.40, representing a 93.51% increase compared to CNY 594,180,827.04 in 2020[57]. - Revenue from equipment manufacturing was CNY 765,771,456.83, accounting for 66.60% of total revenue, with a year-on-year growth of 109.88%[57]. - Revenue from lithium battery production equipment surged to CNY 525,835,823.85, a remarkable increase of 237.82% from CNY 155,657,762.44 in 2020[57]. - The gross profit margin for equipment manufacturing was 29.50%, which decreased by 9.43% compared to the previous year[60]. - The company reported a total revenue of 6,338.44 million, with a slight decrease from 6,460.48 million in the previous period[93]. - The company reported a net profit of 1.84 million, reflecting a growth rate of 7.15% year-over-year[122]. Profit Distribution - The company reported a profit distribution plan of cash dividends of 0.40 CNY per 10 shares (including tax) based on 88,655,041 shares[5]. - The total cash dividend for the year was 3,546,201.64 yuan, which accounted for 100% of the total profit distribution[145]. - The company distributed a cash dividend of 0.20 yuan per 10 shares, amounting to a total of 1,493,674.40 yuan, which represents 11.72% of the net profit attributable to shareholders of the parent company for the year[144]. - The company plans to distribute a cash dividend of 0.40 yuan per 10 shares to all shareholders, amounting to approximately 3,546,201.64 yuan, which represents 11.81% of the net profit attributable to shareholders of the parent company for the year, totaling 30,035,999.39 yuan[147]. Risk Management - The company emphasizes the importance of monitoring risks such as bad debts, macroeconomic fluctuations, and new technology development risks[5]. - The company is addressing potential risks related to bad debts from accounts receivable, which could negatively impact cash flow and operational performance[104]. - The company is enhancing its risk management strategies to mitigate the impact of macroeconomic fluctuations on its operations[106]. Market and Product Development - The company is focused on expanding its market presence and developing new technologies in the field of intelligent equipment[5]. - The company plans to expand in high polymer materials, including polyurethane modified resins and lithium battery adhesives, to enhance diversification and risk resistance[101]. - The company is focusing on developing automated production equipment for industries such as chemicals, coatings, pharmaceuticals, food, and biochemistry to drive long-term growth[108]. - The company is actively improving its internal management and cost control to respond to economic volatility risks[106]. - The company is committed to continuous technological innovation to meet customer needs and enhance service satisfaction[156]. Research and Development - The company holds a total of 41 invention patents, 190 utility model patents, and 25 design patents, emphasizing the importance of intellectual property for competitive advantage[110]. - The company has developed 39 software copyrights related to automated production line monitoring, enhancing product intelligence[54]. - The company completed the development of several key R&D projects, including high-speed coating machines for lithium battery production, enhancing product competitiveness[71]. - The company's R&D investment amounted to ¥59,268,259.97 in 2021, representing 5.15% of total operating revenue, a decrease from 5.84% in 2020[72]. - The company has conducted in-depth research on market demands and advanced technologies to align its R&D efforts with industry trends[93]. Subsidiaries and Corporate Structure - The company has subsidiaries including Foshan Tianbaoli Silicon Engineering Technology Co., Ltd., which is wholly owned[13]. - The company established a new subsidiary, Jiangxi Jinde Lithium New Energy Technology Co., Ltd., with a registered capital of ¥50 million[65]. - The registered capital of a key subsidiary is 120 million, with total assets of approximately 319.14 million and a net profit of 17.02 million[97]. - Another subsidiary reported a net loss of approximately 20.73 million, indicating challenges in the organic silicon materials sector[97]. Governance and Compliance - The company has a total of 8 board members, including 3 independent directors, complying with legal requirements[114]. - The company has established four specialized committees under the board: Strategy Committee, Nomination Committee, Audit Committee, and Compensation and Assessment Committee[114]. - The company maintains complete independence from its controlling shareholder in terms of business operations, personnel, assets, and finances[117]. - The company has independent financial management and internal audit departments, ensuring no assets are occupied by shareholders[118]. - The company has established independent banking accounts and tax obligations, ensuring financial independence[118]. Employee Management - The company reported a total of 912 employees at the end of the reporting period, with 584 in production, 75 in sales, 100 in technology, 20 in finance, 49 in administration, and 84 in management[140]. - The company has established a comprehensive training system, including new employee training and specialized training for management[143]. - The company has a total of 7 employees with a master's degree or higher, and 183 employees with a bachelor's degree[141]. - The company’s remuneration policy is based on employee contributions, abilities, and industry standards, aiming to motivate employees[142]. Financial Position and Investments - The total assets at the end of 2021 reached CNY 2,136,403,383.25, a 45.34% increase from CNY 1,469,895,412.50 at the end of 2020[19]. - The net assets attributable to shareholders increased by 36.35% to CNY 718,078,126.27 at the end of 2021, compared to CNY 526,643,435.99 at the end of 2020[19]. - The company has pledged fixed assets valued at CNY 287,759,348.92 to secure loans, with a loan balance of CNY 327,358,944.46 as of December 31, 2021[80]. - The company raised CNY 107,178,500.00 through a private placement of 7,150,000 shares at CNY 14.99 per share, with a net amount of CNY 101,995,339.63 after expenses[86]. - The company has a remaining balance of CNY 1.42 million in its special account for raised funds, which has not yet been utilized[86]. Legal and Regulatory Matters - The company is involved in a lawsuit against Wuxi Lingge Machinery Technology Co., Ltd. for alleged patent infringement, claiming damages of ¥8 million[172]. - The company has not faced any penalties from securities regulatory authorities for its directors, supervisors, and senior management in the past three years[129]. - The company has not reported any significant changes in the scope of consolidation compared to the previous year's financial report[169].

佛山市金银河智能装备股份有限公司 2022 年第一季度报告全文 证券代码：300619 证券简称：金银河 公告编号：2022-057 佛山市金银河智能装备股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带 的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增 | | --- | --- | --- | --- | | | | | 减 | | 营业收入（元） | 269,729,836.00 | 137,380,966.39 | 96.34% | | 归属于上市公司股东的净利润（元） | -9,1 ...

佛山市金银河智能装备股份有限公司 2021 年第三季度报告 证券代码：300619 证券简称：金银河 公告编号：2021-108 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的 真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 佛山市金银河智能装备股份有限公司 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 350,265,525.23 | 96.51% | 765,362,858.91 | ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 415,097,333.68, representing a 121.81% increase compared to CNY 187,141,715.85 in the same period last year[21]. - The net profit attributable to shareholders was CNY 7,110,006.18, a significant turnaround from a loss of CNY 12,211,816.15 in the previous year, marking a 158.22% improvement[21]. - The net profit after deducting non-recurring gains and losses was CNY 2,110,297.32, compared to a loss of CNY 17,034,719.49 last year, reflecting a 112.39% increase[21]. - The company's total assets increased by 17.91% to CNY 1,733,130,774.28 from CNY 1,469,895,412.50 at the end of the previous year[21]. - The net assets attributable to shareholders rose to CNY 532,112,948.17, a 1.04% increase from CNY 526,643,435.99 at the end of the previous year[21]. - The basic earnings per share improved to CNY 0.0952 from a loss of CNY 0.1635, representing a 158.23% increase[21]. - The weighted average return on net assets was 1.34%, up 3.86% from -2.52% in the same period last year[21]. - The net cash flow from operating activities was negative at CNY -34,221,017.75, worsening by 287.81% compared to CNY -8,824,262.13 in the previous year[21]. Market and Product Development - The company specializes in manufacturing specialized equipment and chemical products, focusing on organic silicon production equipment and lithium battery production equipment[28]. - The company is focused on expanding its market presence in the lithium battery sector, which is experiencing rapid growth[28]. - The company is committed to continuous innovation in product development to meet the evolving demands of the lithium battery industry[28]. - The company aims to leverage its technological advancements to capture a larger share of the lithium battery and silicone product markets[30]. - The company has developed a high-precision roller press machine for lithium battery electrodes, enhancing material density through continuous rolling processes[30]. - The company has developed a fully automated continuous production line that has been adopted by over 20 major domestic organic silicon rubber manufacturers, significantly enhancing production capacity and product quality[42]. Research and Development - Research and development investment reached CNY 19,269,587.62, up 27.27% from CNY 15,140,827.25, indicating a commitment to innovation[52]. - The company has developed a series of automated control systems, enhancing the intelligence level of its products, with 38 software copyrights obtained for various monitoring systems[50]. - The company's R&D process includes both order-based product design and new product development, ensuring alignment with customer requirements and market trends[33]. - The company holds 36 invention patents, 166 utility model patents, and 22 design patents, showcasing its commitment to technological innovation and industry leadership[48]. Risks and Challenges - The company faces various risks including accounts receivable bad debt risk and fluctuations in raw material prices, which may impact future performance[5]. - The company faces risks from macroeconomic fluctuations, which could negatively impact the demand for products in the organic silicon and lithium battery sectors[91]. - Changes in national policies regarding the new energy vehicle industry may impact the demand for lithium battery production equipment[94]. - The ongoing pandemic has led to cautious recovery in downstream enterprises' expansion needs, impacting the company's business operations[79]. Operational Efficiency - The company emphasizes cost control to ensure stable operational performance amid market uncertainties[79]. - The production model for lithium battery equipment is based on sales orders, allowing for a flexible production schedule tailored to customer requirements[35]. - The company has established stable supplier relationships, ensuring a supply of materials from 3-4 suppliers for each type of material to mitigate risks[35]. - The company has ongoing investments in new materials construction projects, with a total investment of ¥16.04 million, indicating a focus on expanding production capabilities[69]. Financial Management - The company plans not to distribute cash dividends or issue bonus shares for this period[6]. - The company has fully utilized the raised funds from the convertible bonds by March 31, 2021[77]. - The company aims to alleviate financial pressure and reduce operational risks by reallocating funds to working capital, especially in light of the impacts from the COVID-19 pandemic[79]. - The company has not encountered any issues or questions regarding the use and disclosure of raised funds[77]. Shareholder Information - The total number of shares increased from 74,683,720 to 74,685,686, reflecting a change of 1,966 shares due to the conversion of convertible bonds[137]. - The number of restricted shares decreased from 18,104,947 to 18,064,822, a reduction of 40,125 shares, representing a change from 24.24% to 24.19% of total shares[137]. - The company reported a total of 10,573 common shareholders at the end of the reporting period[142]. - The company’s stock structure includes both restricted and unrestricted shares, with a clear distinction in ownership percentages[137]. Environmental and Regulatory Compliance - The company reported no significant environmental issues or administrative penalties during the reporting period[104]. - There were no major litigation or arbitration matters during the reporting period[113]. - The company did not experience any non-operating fund occupation by controlling shareholders or related parties during the reporting period[108].

Capital Structure and Shareholder Information - The registered capital of Foshan Golden Milky Way Intelligent Equipment Co., Ltd. is CNY 74.68 million[10]. - As of June 30, 2021, the total share capital is 74,685,686 shares, with 24.19% being restricted shares[11]. - The top shareholder, Zhang Qifa, holds 19.39% of the shares, amounting to 14,483,837 shares[13]. - The company has a total of 10 major shareholders, with the top three holding a combined 41.68% of the shares[12]. - The company plans to issue 7.15 million shares, not exceeding 30% of the total share capital prior to the issuance[43]. - The issuance price is set at 14.99 RMB per share, adjusted from an initial price of 15.01 RMB due to a cash dividend distribution[43]. - The shares subscribed by the specific investor will be subject to an 18-month lock-up period post-issuance[43]. - The largest shareholder holds 19.39% of the company's shares, leading to potential decision-making inefficiencies due to dispersed ownership[83]. - The actual controller has pledged 700,000 shares, representing 48.33% of his holdings, which poses a risk of control instability if market conditions worsen[84]. Financial Performance - As of June 30, 2021, the total assets amounted to ¥173,313.08 million, an increase of 17.9% compared to ¥146,989.54 million on December 31, 2020[16]. - The total liabilities reached ¥120,101.78 million, reflecting a 27.3% increase from ¥94,325.20 million as of December 31, 2020[16]. - The net profit attributable to shareholders for the first half of 2021 was ¥711.00 million, down 44.2% from ¥1,274.09 million in 2020[17]. - The operating revenue for the first half of 2021 was ¥41,509.73 million, a decrease of 30.1% compared to ¥59,418.08 million in 2020[17]. - The cash flow from operating activities for the first half of 2021 was negative at -¥3,422.10 million, compared to a positive ¥9,950.30 million in 2020[17]. - The basic earnings per share for the first half of 2021 was ¥0.10, down from ¥0.17 in 2020[20]. - The company reported a net loss of 18.91 million yuan and 16.71 million yuan for its subsidiary Jiangxi Andeli High-tech Co., Ltd. in the most recent reporting period[75]. - In 2020, the company's revenue decreased by 0.90% year-on-year, and net profit declined by 69.25%, primarily due to the impact of the COVID-19 pandemic and seasonal factors[66]. Fundraising and Use of Proceeds - The company raised a net amount of CNY 17,330.60 million from its initial public offering in February 2017[14]. - The total amount of funds raised from the issuance of shares is not to exceed 107.1785 million yuan, with 50 million yuan allocated for repaying bank loans and 57.1785 million yuan for supplementing working capital[52]. - The funds raised will be used in compliance with national industrial policies and will not adversely affect the company's independence in operations[50]. - The fundraising will alleviate cash flow pressure from daily operational needs, enhancing overall cash flow conditions[89]. - The company anticipates that the issuance of new shares will dilute earnings per share in the short term, despite plans to enhance operational scale and profitability[85]. Compliance and Regulatory Matters - The company is committed to compliance with relevant laws and regulations in its securities issuance process[4]. - The internal review committee unanimously approved the application materials for the stock issuance project on June 21, 2021, confirming compliance with relevant laws and regulations[34]. - The second extraordinary general meeting of shareholders on May 31, 2021, approved the stock issuance plan and related matters, ensuring compliance with legal requirements[39][40]. - The company guarantees that all relevant documents do not contain false records, misleading statements, or significant omissions[36]. - The company has not been subject to any regulatory measures or penalties from securities regulators in the past five years[60]. Market and Operational Risks - The company faces risks from fluctuating raw material prices, which could adversely affect profitability if market conditions change[67]. - The company is at risk of intensified market competition in the automation production equipment sector, particularly for organic silicon and lithium battery products[70]. - Changes in national policies regarding the new energy vehicle industry could impact the demand for battery equipment, affecting sales and revenue[69]. - The company is investing in new product and technology development to maintain market leadership and respond to increasing production process demands from downstream industries[71]. Research and Development - The company's R&D expenses accounted for 4.64% of operating revenue in the first half of 2021, down from 5.84% in 2020[19]. - The company plans to expand its product applications into chemical, coating, pharmaceutical, food, and biochemical fields to drive long-term growth[71]. - The depreciation from previous fundraising projects accounted for 41.63% of the total profit in 2020, but the company expects this impact to decrease as order conditions improve and production capacity is gradually released[82]. Internal Review and Project Management - The internal review process for the sponsorship project includes three stages: project initiation, management and quality control, and internal review[29][30][31]. - The internal review department is responsible for dynamic tracking and management throughout the project execution process to enhance project quality[30]. - The internal review process includes on-site verification for initial public offerings and selective verification for refinancing projects[32]. - The quality control report will highlight any issues or concerns for discussion in the internal review meeting[33]. - The internal review committee's approval is a prerequisite for submitting the application to the China Securities Regulatory Commission or the stock exchange[33].

Company Overview - The registered capital of Foshan Golden Milky Way Intelligent Equipment Co., Ltd. is RMB 74.68 million[6]. - The company has provided production equipment and technical solutions to over 300 clients, covering major lithium battery and silicone rubber production enterprises in China[8]. - The company’s main business includes the R&D, design, manufacturing, and sales of automation production equipment for various industries[7]. - The company is recognized as a key high-tech enterprise under the National Torch Program[8]. Patents and Technology - As of June 30, 2021, the company holds 36 invention patents, 166 utility model patents, and 22 design patents[8]. - The company’s core technologies are all self-developed, with a focus on integrated innovation and batch production capabilities[10]. - The company has developed a fully automatic continuous production line for lithium battery electrode manufacturing, enhancing its market position in this sector[8]. - The company has successfully applied its technology in the lithium battery industry, achieving continuous production for lithium battery slurry[8]. Financial Performance - The company's total revenue for the first half of 2021 was CNY 41,509.73 million, a decrease from CNY 59,418.08 million in 2020[18]. - The net profit attributable to shareholders for the first half of 2021 was CNY 711.00 million, down from CNY 1,274.09 million in the same period of 2020[18]. - R&D expenses for the first half of 2021 were CNY 1,926.96 million, accounting for 4.64% of total revenue, compared to 5.84% in 2020[16][18]. - The company’s revenue in 2020 decreased by 0.90% year-on-year, while net profit fell by 69.25% due to the impact of COVID-19 and other factors[25]. Assets and Liabilities - The company had a total asset value of CNY 173,313.08 million as of June 30, 2021, an increase from CNY 146,989.54 million at the end of 2020[19]. - The total liabilities amounted to CNY 120,101.78 million as of June 30, 2021, compared to CNY 94,325.20 million at the end of 2020[19]. - The company's asset-liability ratio increased to 62.25% as of June 30, 2021, from 55.34% at the end of 2020[20]. - As of June 30, 2021, the company's interest-bearing liabilities amounted to CNY 775.18 million, with short-term borrowings and non-current liabilities due within one year totaling CNY 438.18 million, indicating a significant debt scale[37]. Research and Development - The company's R&D team consisted of 86 technical personnel, representing 10.41% of the total workforce as of June 30, 2021[13]. - The company has maintained a rising trend in R&D expenses over the reporting period, with figures of CNY 3,390.99 million, CNY 3,196.55 million, and CNY 3,468.47 million in previous years[16]. - The company aims to enhance product reliability and reduce failure rates through effective product design and R&D processes[12]. - The core technical team includes four key personnel with extensive experience in R&D and industry technology[14]. Market and Competition - The company anticipates a lower risk of performance decline in 2021 due to improved order conditions since the second half of 2020[25]. - The company is at risk of intensified market competition in the automation production equipment sector, which may impact future profitability[28]. - The company faces risks from fluctuating raw material prices, which could adversely affect profitability due to high direct material costs[26]. - The company has maintained stable relationships with suppliers, but economic changes could lead to significant fluctuations in raw material prices[26]. Future Plans and Investments - The company plans to expand its product applications into chemical, coating, pharmaceutical, food, and biochemical fields to drive long-term growth[29]. - The company is investing in new technology and product development to maintain its market leadership and respond to increasing demands from downstream industries[29]. Shareholder and Capital Management - The actual controller holds 19.39% of the company's shares, with 700,000 shares pledged as collateral, representing a pledge ratio of 48.33%[35]. - The company plans to raise up to CNY 107.18 million through a private placement, with CNY 50 million allocated for repaying bank loans and CNY 57.18 million for supplementing working capital[53]. - The issuance price for the new shares is set at CNY 15.01 per share, adjusted to CNY 14.99 per share after a cash dividend distribution[50]. - The company’s net asset return rate may decline and immediate returns could be diluted due to the increase in share capital from the issuance[43]. Risks and Compliance - The company has a risk of tax policy changes affecting its software industry VAT refunds and high-tech enterprise income tax reductions, which could negatively impact its operating performance[41]. - The company’s inventory at the end of the reporting period poses a risk of impairment if there are significant delays or defaults in downstream customer projects[38]. - The company’s ability to recover accounts receivable may be adversely affected if customer credit conditions deteriorate, leading to potential negative impacts on performance[39]. - The company is required to enhance internal controls to prevent directors and senior management from harming its interests, in accordance with relevant laws and regulations[69]. Underwriting and Regulatory Compliance - The underwriting institution is Minsheng Securities Co., Ltd.[58]. - The designated sponsor representatives are Wang Leilei and Guo Lili, with over ten years of experience in investment banking[58]. - The issuer's board approved the specific stock issuance plan on May 13, 2021, and the second extraordinary general meeting on May 31, 2021[63][64]. - The underwriting institution conducted due diligence and confirmed the issuer's compliance with relevant regulations[67].

Financial Performance - The company's revenue for Q1 2021 was ¥137,380,966.39, representing a 257.14% increase compared to ¥38,466,673.98 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥10,750,490.59, an improvement of 37.00% from a loss of ¥17,063,526.14 in the previous year[8]. - The basic earnings per share for the reporting period was -¥0.1439, an improvement of 37.02% from -¥0.2285 in the same period last year[8]. - The net loss for the first quarter was CNY 10,750,490.59, compared to a net loss of CNY 17,076,516.32 in the same period last year, showing an improvement of approximately 37.5%[43]. - The total comprehensive loss for the period was CNY -10,750,490.59, compared to CNY -17,076,516.32 in the previous year, reflecting an improvement of approximately 37.5%[44]. Cash Flow - The net cash flow from operating activities was ¥37,863,458.42, a significant increase of 174.66% compared to a negative cash flow of ¥50,713,710.27 in the same period last year[8]. - Total cash inflow from operating activities reached ¥238,563,165.46, compared to ¥60,361,558.49 in the same period last year, indicating a growth of approximately 295%[51]. - Cash outflow from operating activities was ¥200,699,707.04, up from ¥111,075,268.76 in Q1 2020, representing an increase of about 80%[51]. - The cash inflow from operating activities was primarily driven by sales revenue of ¥167,132,378.53, a substantial increase from ¥25,793,355.54 in Q1 2020[54]. - The net cash flow from operating activities for Q1 2021 was ¥37,863,458.42, a significant improvement compared to a net outflow of ¥50,713,710.27 in Q1 2020[51]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,630,245,270.40, up 10.91% from ¥1,469,895,412.50 at the end of the previous year[8]. - The total liabilities rose to CNY 1,114,302,080.82 from CNY 943,251,976.51, representing an increase of about 18.1%[35]. - The total current asset of CNY 863,381,426.39 as of March 31, 2021, compared to CNY 699,979,074.40 at the end of 2020, reflecting an increase of approximately 23.36%[33]. - The current liabilities totaled CNY 729,571,997.91, up from CNY 537,914,455.59, indicating an increase of about 35.5%[35]. - The non-current liabilities decreased slightly to CNY 384,730,082.91 from CNY 405,337,520.92, reflecting a decrease of about 5.1%[35]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,679[12]. - The largest shareholder, Zhang Qifa, holds 19.39% of the shares, with 14,483,837 shares, of which 7,000,000 are pledged[12]. Operational Metrics - Accounts receivable financing decreased by 73.89% to ¥9,689,907.37, attributed to a reduction in bank acceptance received during the reporting period[18]. - Prepaid accounts increased by 218.06% to ¥45,596,013.26, driven by an increase in orders and advance payments for raw materials[18]. - Inventory rose by 72.30% to ¥179,811,252.04, reflecting growth in orders and increased stock of raw materials and finished goods[18]. - Contract liabilities surged by 348.57% to ¥171,709,404.80, due to an increase in customer deposits received from higher order volumes[18]. - The top five suppliers accounted for 32.44% of total purchases, up from 27.12% in the previous year, indicating a shift in supplier dynamics[20]. Research and Development - Research and development expenses increased by 32.44% to ¥8,151,112.22, primarily due to higher employee compensation and travel expenses[18]. - Research and development expenses were CNY 8,151,112.22, compared to CNY 6,154,622.04, reflecting an increase of about 32.4%[42]. Future Outlook - The company expects to achieve profitability in the first half of 2021 compared to the same period last year, based on current orders and delivery forecasts[26]. - The company plans to terminate the "Intelligent and Information Upgrade Project" and the "R&D Center Construction Project," reallocating the remaining funds for permanent working capital[25].