Financial Performance - The company's operating revenue reached ¥505,893,085.11, representing a 71.76% increase compared to the same period last year[21]. - Net profit attributable to shareholders was ¥18,091,176.77, a significant increase of 354.45% year-over-year[21]. - The net profit after deducting non-recurring gains and losses was ¥20,959,612.24, marking a 1,288.00% increase from the previous year[21]. - Revenue from the power tool sector amounted to ¥164 million, accounting for 42.38% of the company's main business income, with a growth of 62.34% year-over-year[30]. - Revenue from the automotive motor sector reached ¥114 million, reflecting a 90.08% increase compared to the same period last year[33]. - The company's total assets increased by 26.30% to ¥1,254,430,661.87 compared to the end of the previous year[21]. - The weighted average return on equity rose to 3.23%, up 2.50 percentage points from the previous year[21]. - The company achieved operating revenue of 505 million yuan, a year-on-year increase of 71.76%[35]. - Net profit attributable to shareholders reached 18.09 million yuan, up 354.45% compared to the same period last year[35]. - R&D investment amounted to 20.71 million yuan, reflecting a 57.15% increase year-on-year[35]. Cash Flow and Investments - The net cash flow from operating activities decreased by 5.01% to ¥46,063,981.89, compared to ¥48,495,296.67 in the previous year[46]. - The net cash flow from investing activities saw a significant decline of 148,663.60% to -¥133,745,613.91, primarily due to payments for investments[46]. - The net cash flow from financing activities increased by 262.83% to ¥126,571,542.44, compared to -¥80,141,409.21 in the same period last year, mainly due to increased borrowings[46]. - The net increase in cash and cash equivalents was ¥38,678,278.02, a 222.98% rise from -¥31,449,746.83 in the previous year[46]. - The company reported a significant increase in cash and cash equivalents, with cash funds amounting to ¥81,282,444.17 as of June 30, 2021, compared to ¥42,986,081.18 at the end of 2020, representing a growth of approximately 89.5%[142]. Market and Product Development - The company has launched a new brushless connector product, which is now being supplied stably and in bulk to well-known power tool brands[30]. - The company is focusing on expanding its market share in the home appliance sector, aiming to meet the growing demand in this area[31]. - The company is actively pursuing opportunities in the military sector, with some products already applied in military vehicles and equipment[33]. - The company focuses on high-end markets such as electric tools and automotive motors, aiming to improve production capacity and meet customer demand[36]. - The company emphasizes innovation in product development and production processes to maintain competitive advantages[42]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product portfolio[166]. Risk Management - The report includes a detailed section on risks and countermeasures faced by the company, which investors are encouraged to review[4]. - The company faces risks from macroeconomic fluctuations, particularly due to the automotive industry's vulnerability to COVID-19 and international trade tensions, which may impact order volumes and inventory levels[65]. - Copper prices reached a historical high of CNY 76,900 per ton during the reporting period, affecting revenue; the company plans to implement pricing strategies to mitigate risks from potential price fluctuations[65]. - The internal control system has been revised to enhance risk management and compliance, improving operational efficiency[44]. Corporate Governance and Compliance - The company’s legal representative is Zheng Wei, and the financial report is confirmed to be true, accurate, and complete by the management[3]. - The report indicates that all board members attended the meeting to discuss the report, ensuring collective responsibility[4]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[77]. - The company strictly adheres to labor laws and regulations, ensuring the protection of employees' rights and benefits[79]. - The company actively engages with shareholders through various communication channels, ensuring transparency and timely information disclosure[78]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 11,409[121]. - The largest shareholder, Sun Ruiliang, holds 30.72% of the shares, totaling 55,299,375 shares, with 13,824,844 shares released from restrictions this period[122]. - The second largest shareholder, Wuzhou Dongtai State-owned Assets Management Co., Ltd., holds 10.82% of the shares, totaling 19,471,445 shares, with no shares released from restrictions this period[122]. - The total number of restricted shares at the end of the period is 44,848,481 shares, with 14,542,444 shares released from restrictions during this period[119]. Environmental and Social Responsibility - The company purchased agricultural products worth CNY 160,000 to support poverty alleviation efforts in underprivileged areas[78]. - The company emphasizes green development and has established measures for energy conservation and emission reduction[78]. - The company has implemented ISO14000 environmental management system certification to enhance environmental awareness and management capabilities[78]. - The company has a dedicated safety and environmental protection department to oversee compliance with environmental regulations[78]. Accounting and Financial Reporting - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance[176]. - The company’s accounting period runs from January 1 to December 31 each year[180]. - The company uses Renminbi as its accounting currency[182]. - The consolidated financial statements reflect the entire financial position, operating results, and cash flows of the group as a single accounting entity[185].

华瑞电器股份有限公司 2020 年年度报告全文 华瑞电器股份有限公司 2020 年年度报告 2021-034 2021 年 04 月 1 华瑞电器股份有限公司 2020 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 公司负责人郑伟、主管会计工作负责人谢劲跃及会计机构负责人(会计主管 人员)谢劲跃声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司已在本报告"第四节 经营情况讨论与分析"之"九、公司未来发展的 展望"部分，对可能面临的风险进行详细描述，敬请投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 1 | | --- | | 第一节 | 重要提示、目录和释义 6 | | --- | --- | | 第二节 | 公司简介和主要财务指标 10 | | 第三节 | 公司业务概要 12 | | 第四节 | 经营情况讨论与分析 32 | | 第五节 | 重要事项 58 | | 第六 ...

华瑞电器股份有限公司 2021 年第一季度报告全文 华瑞电器股份有限公司 2021 年第一季度报告全文 华瑞电器股份有限公司 2021 年第一季度报告 2021-046 2021 年 04 月 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人郑伟、主管会计工作负责人谢劲跃及会计机构负责人(会计主管 人员)谢劲跃声明：保证季度报告中财务报表的真实、准确、完整。 1 华瑞电器股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 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） | 211,365,320.93 | 120,578,200.50 | 75.29% | | 归属于上市公司股东的净利润（元） | 9,715,861.28 | ...

华瑞电器股份有限公司 2020 年第三季度报告全文 华瑞电器股份有限公司 2020 年第三季度报告 2020-065 2020 年 10 月 1 华瑞电器股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人孙瑞良、主管会计工作负责人刘慧映及会计机构负责人(会计主 管人员)刘慧映声明：保证季度报告中财务报表的真实、准确、完整。 2 华瑞电器股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 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 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | --- | --- | --- | --- | --- | | | | | 减 | | | 总资产（元） | 954,032,617.38 | 998,284,928.18 | | -4.43% | | 归属于上市公司股东的净资产 （元） ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥294,529,754.39, a decrease of 17.75% compared to ¥358,080,215.44 in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2020 was ¥3,980,886.29, down 64.72% from ¥11,284,201.92 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was -¥1,764,281.33, representing a decline of 117.95% compared to ¥9,829,118.64 in the same period last year[17]. - The net cash flow from operating activities was ¥48,495,296.67, a decrease of 44.73% from ¥87,744,715.65 in the previous year[17]. - Basic earnings per share for the first half of 2020 were ¥0.02, down 66.67% from ¥0.06 in the same period last year[17]. - Total assets at the end of the reporting period were ¥901,087,813.70, a decrease of 9.74% from ¥998,284,928.18 at the end of the previous year[17]. - The net assets attributable to shareholders at the end of the reporting period were ¥543,600,233.84, a slight increase of 0.07% from ¥543,219,347.55 at the end of the previous year[17]. - The weighted average return on net assets was 0.73%, down 1.42% from 2.15% in the previous year[17]. Cash Flow and Financial Position - The company's cash and cash equivalents decreased by 255.83% to -31,449,746.83 CNY due to reduced revenue and repayment of short-term loans[34]. - Cash flow from operating activities was CNY 48,495,296.67, a decline of 44.73% due to reduced income and collections[33]. - The company’s financial expenses decreased by 17.86% to CNY 7,636,237.32 compared to the previous year[33]. - The company’s income tax expense decreased by 41.45% to CNY 1,298,545.17, primarily due to reduced profits[33]. - The company’s other current assets increased by 40.56% compared to the same period last year, mainly due to prepaid taxes[26]. - The company's total assets included cash of 75,655,503.64 CNY, accounting for 8.40% of total assets, a decrease of 4.04% from the previous year[38]. - Long-term equity investments increased by 5.11% to 98,708,066.50 CNY, representing 10.95% of total assets[38]. - The company reported a total profit of CNY 5,279,431.46 for the first half of 2020, down 61.1% from CNY 13,502,094.12 in the previous year[138]. Business Strategy and Market Expansion - The company is actively expanding into the military and new energy vehicle sectors to drive future growth[30]. - The company has established stable business relationships with major clients such as Bosch Group and Nidec, enhancing its customer resource advantage[27]. - The company aims to optimize its supply chain management to mitigate risks associated with raw material price volatility[56]. - The company plans to expand its market presence and invest in new product development to drive future revenue growth[1]. - The company has outlined a strategy for potential mergers and acquisitions to strengthen its market position[1]. Risk Management and Operational Adjustments - The company has detailed the risks it faces and corresponding countermeasures in the report[4]. - The impact of the US-China trade war and the COVID-19 pandemic has led to increased working capital demands due to high levels of accounts receivable and payable[44]. - The company has made adjustments to its operational strategies in response to external market conditions and internal capacity assessments[44]. - The company aims to strengthen its risk resistance and enhance profitability by permanently supplementing working capital with the raised funds[44]. - The company emphasized the need to maintain core competitiveness in a highly competitive market to avoid a decline in market share[55]. Research and Development - The company developed 43 new products during the reporting period, including 16 ordinary plug-in types, 18 all-plastic types, and 9 rolled types[27]. - The company is focusing on enhancing its technological capabilities through research and development initiatives[1]. Shareholder and Equity Information - The company plans to repurchase up to 3% of its total shares in the secondary market within three months, with the repurchase price not exceeding the latest audited net asset value per share[65]. - The total number of shares before the change was 180,000,000, with a total of 80,212,500 shares released from restrictions, accounting for 44.56% of the total share capital[100]. - The largest shareholder, Sun Ruiliang, holds 40.96% of the shares, totaling 73,732,500[105]. - The company will not distribute cash dividends or issue bonus shares for the half-year period[62]. Compliance and Governance - There were no major lawsuits or arbitration matters reported during the period, indicating a stable legal environment for the company[76]. - The company has made commitments to ensure no unfair benefits are provided to other entities, emphasizing a focus on corporate governance[72]. - There were no significant related party transactions reported, indicating a low level of complexity in the company's financial dealings[80]. Financial Reporting and Audit - The financial report for the first half of 2020 was not audited, which may affect the perceived reliability of the financial data presented[74]. - The financial statements are prepared based on the going concern principle, with no significant issues affecting the company's ability to continue operations identified[168].

Financial Performance - The company's operating revenue for 2019 was CNY 753,352,460.75, a decrease of 11.33% compared to CNY 849,583,667.75 in 2018[18]. - The net profit attributable to shareholders for 2019 was CNY 24,167,890.30, down 45.18% from CNY 44,084,128.49 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 20,846,268.56, a decline of 46.80% compared to CNY 39,181,111.78 in 2018[18]. - Basic earnings per share for 2019 were CNY 0.130, a decrease of 45.83% from CNY 0.240 in 2018[18]. - Total assets at the end of 2019 were CNY 998,284,928.18, a decrease of 4.14% from CNY 1,041,429,401.52 at the end of 2018[18]. - The net assets attributable to shareholders increased by 4.66% to CNY 543,219,347.55 from CNY 519,051,457.25 in 2018[18]. - The weighted average return on net assets for 2019 was 4.55%, down from 8.78% in 2018[18]. - The company reported a total of CNY 3,321,621.74 in non-recurring gains and losses, down from CNY 4,903,016.71 in 2018[24]. - The company’s prepayments increased by 128.69% compared to the beginning of the period, mainly due to unliquidated advance payments for goods[32]. - The company’s asset-liability ratio was 45.58%, a decrease of 4.57% year-on-year[38]. Cash Flow and Investments - The net cash flow from operating activities increased significantly to CNY 133,824,257.78, up 943.20% from CNY 12,828,284.61 in 2018[18]. - Cash inflow from investment activities rose by 89% to CNY 101,717,971.51, mainly from the maturity of financial products[64]. - Net cash flow from financing activities decreased by 195.40% to -CNY 81,022,246.17, attributed to a reduction in short-term borrowings[64]. - Accounts receivable decreased to CNY 189,666,183.94, representing 19.00% of total assets, down from 20.75% in 2018[69]. - Inventory decreased to CNY 172,112,594.31, accounting for 17.24% of total assets, primarily due to sales of prior year inventory[69]. - The company reported an investment loss of CNY 213,661.13, which accounted for -0.83% of total profit[67]. - Cash and cash equivalents increased by CNY 107,105,250.47, representing 10.73% of total assets at year-end[69]. Market Position and Strategy - The company maintained a global market share ranking within the top three for commutators, despite challenges from international trade tensions and industry downturns[30]. - The company has established a strong customer base, including major clients such as Johnson Electric and Bosch, with a product application distribution of 40.93% in power tools, 18.07% in automotive motors, and 13.91% in home appliances[28]. - The company is focusing on R&D in new products and technologies, particularly in the fields of new energy vehicles and military applications, which are expected to drive future growth[29]. - The company is enhancing its supply chain management and production processes to improve responsiveness to customer demands and market changes[29]. - The company is investing in automation and smart manufacturing technologies to transition towards a capital and technology-intensive model, aligning with national policies promoting advanced manufacturing[31]. - The company plans to expand its market presence in the automotive vacuum pump motor sector with new product developments[61]. - The company aims to enhance its product offerings by developing new products in high-tech fields supported by the government, including technologies for new energy vehicles and aerospace[88]. Research and Development - The company developed 101 new products in 2019, with a total R&D investment of CNY 27.41 million[40]. - The company invested CNY 27,406,000 in R&D, focusing on automotive motors and smart home appliance motor commutators[60]. - R&D investment amounted to CNY 27,405,975.96 in 2019, representing 3.64% of operating revenue, a decrease from 3.87% in 2018[62]. - R&D personnel decreased to 159 in 2019, accounting for 10.43% of total employees, down from 10.90% in 2018[62]. Shareholder and Governance - The company plans to distribute a cash dividend of CNY 0.2 per 10 shares, based on a total of 180,000,000 shares[5]. - The cash dividend distribution represents 100% of the total distributable profit of CNY 83,060,078.93[98]. - The company has maintained a clear and compliant cash dividend policy, ensuring the protection of minority shareholders' rights[97]. - The company has a history of cash dividend distribution, with the last significant distribution occurring in 2017[101]. - The company is currently fulfilling its commitments regarding shareholding restrictions and lock-up agreements[103]. - The company has committed to ensuring that the use of idle funds does not affect the construction of fundraising projects and normal operations[81]. - The company has established an independent financial department with a standardized financial accounting and management system, ensuring no shared bank accounts with the controlling shareholder[186]. - The company has a structured salary policy that adjusts based on company performance and market conditions[177]. Risks and Challenges - The company faced potential risks in its future operations as outlined in the report[5]. - The company is exposed to risks from fluctuations in raw material prices, particularly copper and electrical wood powder, which account for over 50% of production costs[92]. - The company faces risks from external macroeconomic factors, including the impact of the US-China trade war and the COVID-19 pandemic on export trade[92]. - There is a potential risk of legal disputes related to the major shareholder's pledge of shares, which could impact the company's control stability if not resolved[93]. Corporate Governance and Compliance - The company is committed to maintaining high standards of corporate governance and transparency in its operations[163]. - The company has not faced any disciplinary actions from the China Securities Regulatory Commission regarding internal control issues during the reporting period[183]. - The company’s governance structure aligns with the regulatory standards set by the China Securities Regulatory Commission, with no significant discrepancies[184]. - The company has established a performance evaluation and incentive mechanism for senior management to enhance governance and operational efficiency[194]. - The company held three shareholder meetings during the reporting period, ensuring transparency and legal compliance[181].

华瑞电器股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 华瑞电器股份有限公司 2020 年第一季度报告全文 华瑞电器股份有限公司 2020 年第一季度报告 2020-032 2020 年 04 月 公司负责人孙瑞良、主管会计工作负责人刘慧映及会计机构负责人(会计主 管人员)刘慧映声明：保证季度报告中财务报表的真实、准确、完整。 1 华瑞电器股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 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 | | 营业总收入（元） | 120,578,200.50 | 192,833,167.81 | -37.47% | | 归属于上市公司股东的净利润（元） | 4,270,541.2 ...

华瑞电器股份有限公司 2019 年第三季度报告全文 华瑞电器股份有限公司 2019 年第三季度报告 2019-060 2019 年 10 月 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 华瑞电器股份有限公司 2019 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人孙瑞良、主管会计工作负责人和鸣及会计机构负责人(会计主管 人员)陈静宝声明：保证季度报告中财务报表的真实、准确、完整。 1 华瑞电器股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增 | | --- | --- | --- | --- | --- | | | | | | 减 | | 总资产（元） | 965,507,133.48 | | 1,041,429,401.52 | -7.29% | | 归属于上市公司股东的净资产 （元） ...

华瑞电器股份有限公司 2019 年半年度报告全文 华瑞电器股份有限公司 2019 年半年度报告 2019-046 2019 年 08 月 华瑞电器股份有限公司 2019 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别 和连带的法律责任。 公司负责人孙瑞良、主管会计工作负责人和鸣及会计机构负责人(会计主管 人员)陈静宝声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司在本报告"第四节经营情况讨论与分析"之第十部分"公司面临的风 险和应对措施"部分，详细描述了公司经营中可能存在的风险，敬请投资者关 注相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 1 | | | 华瑞电器股份有限公司 2019 年半年度报告全文 释义 | 释义项 | 指 | 释义内容 | | --- | --- | --- | | 华瑞股份/公司/本公司 | 指 | 华瑞电器股份有限公司 | | 半年度报告 | 指 | 华瑞电器股份有限公司 ...

华瑞电器股份有限公司 2018 年年度报告全文 1 华瑞电器股份有限公司 2018 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人孙瑞良、主管会计工作负责人和鸣及会计机构负责人(会计主管 人员)陈静宝声明：保证年度报告中财务报告的真实、准确、完整。 公司全体董事均出席了审议本次年报的董事会会议。 华瑞电器股份有限公司 本年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺， 投资者及相关人士均应当对此保持足够的风险认识，并且应当理解计划、预测 与承诺之间的差异。请投资者注意投资风险。 2018 年年度报告 2019-014 2019 年 04 月 华瑞电器股份有限公司 2018 年年度报告全文 释 义 第二节 公司简介和主要财务指标 | 释义项 | 指 | 释义内容 | | --- | --- | --- | | 华瑞股份/本公司/公司 | 指 | 华瑞电器股份有限公司 | | 年度报告 | 指 | 华瑞电器股份有限公司 年度报告 2018 ...