江苏大烨智能电气股份有限公司 关于2024年度拟不进行利润分配的专项说明 本公司及全体董事会成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或者遗漏。 一、审议程序 证券代码：300670 证券简称：大烨智能 公告编号：2025- 013 江苏大烨智能电气股份有限公司（以下简称"公司"）于2025年4月24日召 开了第四届董事会第九次会议、第四届监事会第九次会议，审议通过了《关于公 司2024年度利润分配方案的议案》，本议案尚需提交公司2024年年度股东大会审 议。现将有关情况公告如下： 二、公司2024年度利润分配方案 经天衡会计师事务所（特殊普通合伙）审计，本公司2024年度实现归属于上 市公司股东的净利润为793.57万元。截至2024年12月31日，合并报表累计未分配 利润为-2,944.47万元，母公司累计未分配利润为23,131.28万元。 根据《公司法》《深圳证券交易所创业板股票上市规则》《上市公司监管指 引第3号——上市公司现金分红》《深圳证券交易所上市公司自律监管指引第2号 ——创业板上市公司规范运作》《公司章程》等相关规定，鉴于公司截至2024年 末可供分配利润（合并报表 ...

经核查独立董事林明耀先生、葛军先生的任职经历以及签署的相关自查文 件，上述人员未在公司担任除独立董事以外的任何职务，也未在公司主要股东 公司担任任何职务，与公司以及主要股东之间不存在利害关系或其他可能妨碍 其进行独立客观判断的关系，因此，公司独立董事符合《上市公司独立董事管 理办法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司 自律监管指引第 2 号——创业板上市公司规范运作》中对独立董事独立性的相 关要求。 江苏大烨智能电气股份有限公司 江苏大烨智能电气股份有限公司董事会 关于独立董事独立性情况的专项意见 根据证监会《上市公司独立董事管理办法》《深圳证券交易所创业板股票 上市规则》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公 司规范运作》等要求，江苏大烨智能电气股份有限公司（以下简称"公司"） 董事会，就公司在任独立董事林明耀先生、葛军先生的独立性情况进行评估并 出具如下专项意见： 2025 年 4 月 24 日 董事会 ...

江苏大烨智能电气股份有限公司 2024年度独立董事述职报告 本人作为江苏大烨智能电气股份有限公司（以下简称"公司"）的独立董事， 在任职期间严格按照《公司法》《证券法》《上市公司独立董事管理办法》等法 律法规及《公司章程》《独立董事工作制度》等有关规定和要求，在2024年度工 作中，诚实、勤勉、独立的履行职责，依法促进公司的规范运作，积极出席相关 会议，认真审议各项议案，充分发挥独立董事及专业委员会的作用，维护公司整 体利益和全体股东尤其是中小股东的合法权益。现本人就2024年度履行职责的情 况汇报如下： 一、独立董事基本情况 1、个人履历 本人葛军，1963年出生，中国国籍，博士学历，教授，高级会计师，具有中 国注册会计师和中国注册资产评估师执业资格。1986年开始任教，曾经先后担任 金陵科技学院商学院院长、教务处处长、金陵科技学院副校长，兼任中国会计学 会理事、南京市注册会计师协会常务理事、澳大利亚昆士兰科技大学高级访问学 者、河海大学硕士研究生导师,现为商学院MPAcc中心主任。先后获得全国优秀教 师、江苏省教学名师、江苏省"333高层次人才培养工程"中青年科学技术带头 人、南京市劳动模范、南京市留学回 ...

江苏大烨智能电气股份有限公司 2024年度独立董事述职报告 本人作为江苏大烨智能电气股份有限公司（以下简称"公司"）的独立董事， 在任职期间严格按照《公司法》《证券法》《上市公司独立董事管理办法》等法 律法规及《公司章程》《独立董事工作制度》等有关规定和要求，在2024年度工 作中，诚实、勤勉、独立的履行职责，依法促进公司的规范运作，积极出席相关 会议，认真审议各项议案，充分发挥独立董事及专业委员会的作用，维护公司整 体利益和全体股东尤其是中小股东的合法权益。现本人就2024年度履行职责的情 况汇报如下： 一、独立董事基本情况 1、个人履历 | | | | | 独立董事出席董事会及股东大会的情况 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 独立董事姓名 | 本报告期应参 加董事会次数 | 现场出席董事 会次数 | 以通讯方式参 加董事会次数 | 委托出席董事 会次数 | 缺席董事会次 数 | 是否连续两次 未亲自参加董 | 出席股东大会 次数 | | | | | | | | 事会会议 | | | 林明耀 | 6 | 6 | 0 | 0 ...

证券代码：300670 证券简称：大烨智能 公告编号：2025-020 江苏大烨智能电气股份有限公司 关于召开 2024 年年度股东大会的通知公告 本公司及全体董事会成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或者遗漏。 江苏大烨智能电气股份有限公司（以下简称"公司"）于2025年4月24日召 开的第四届董事会第九次会议审议通过了《关于提议召开2024年年度股东大会 的议案》，决定于2025年5月16日召开公司2024年年度股东大会，现将本次股东 大会的有关事项通知如下： 一、召开会议的基本情况 为准。 6．股权登记日：2025 年 5 月 12 日（星期一） 1．股东大会届次：2024年年度股东大会 2．股东大会的召集人：公司第四届董事会第九次会议决议召开。 3．会议召开的合法、合规性：本次股东大会的召集程序符合有关法律、法 规、部门规章、规范性文件及《公司章程》的规定。 4．会议召开的日期、时间： （1）现场会议召开时间：2025年5月16日（星期五）下午14:00； （2）网络投票时间：2025年5月16日，其中，通过深圳证券交易所交易系 统进行网络投票的时间为：2025年5月16 ...

江苏大烨智能电气股份有限公司 第四届监事会第九次会议决议公告 证券代码：300670 证券简称：大烨智能 公告编号：2025-009 4、本次监事会由监事会主席黄斌斌先生主持。 5、本次会议的召集、召开和表决程序符合《中华人民共和国公司法》等法 律、行政法规、部门规章、规范性文件和《江苏大烨智能电气股份有限公司章程》 的有关规定。 二、监事会会议审议情况 本公司及全体监事会成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或者遗漏。 （一）审议通过《关于<公司 2024 年度监事会工作报告>的议案》 审议过程：公司监事会严格按照《公司法》《证券法》等相关法律法规、规 范性文件及《公司章程》的有关规定和要求，本着对全体股东负责的态度，认真 履行并行使监事会的监督职权和职责，对公司依法运作情况和公司董事、高级管 理人员履行职责情况等方面实施了有效监督。 具体情况详见公司同日发布于证监会指定信息披露网站巨潮资讯网 （www.cninfo.com.cn）上的《2024 年度监事会工作报告》。 一、监事会会议召开情况 1、江苏大烨智能电气股份有限公司（以下简称"公司"）第四届监事会第 九次会议通知于 2 ...

江苏大烨智能电气股份有限公司 第四届董事会第九次会议决议公告 本公司及全体董事会成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或者遗漏。 一、董事会会议召开情况 证券代码：300670 证券简称：大烨智能 公告编号：2025-008 1、江苏大烨智能电气股份有限公司（以下简称"公司"或"大烨智能"） 第四届董事会第九次会议通知于 2025 年 4 月 11 日通过专人、电话及邮件等方式 送达至各位董事。 2、本次董事会于 2025 年 4 月 24 日上午 9:30 在公司会议室以现场会议的方 式召开。 3、本次董事会应出席董事 5 名，实际出席董事 5 名。 4、本次董事会由董事长陈杰先生主持，公司监事和高级管理人员列席了本 次董事会。 二、董事会会议审议情况 （一）审议通过《关于<公司 2024 年度总经理工作报告>的议案》 审议过程：与会董事认真听取了公司总经理陈杰先生代表公司经营管理层所 作的《2024 年度总经理工作报告》，董事会认为 2024 年度公司经营管理层有效 地执行了董事会的各项决议，该报告客观、真实地反映了经营管理层 2024 年度 主要工作。 表决结果：同意 5 票 ...

大烨智能（300670）公告，2025年第一季度营业收入7073.1万元，同比下降35.23%。净亏损1793.18万 元，去年同期净利润578.64万元。 ...

Financial Performance - The company's operating revenue for 2024 was CNY 337,398,591.38, a decrease of 23.81% compared to CNY 442,813,319.29 in 2023[17]. - The net profit attributable to shareholders for 2024 was CNY 7,935,695.95, a significant improvement of 105.49% from a loss of CNY 144,569,352.28 in 2023[17]. - The net profit after deducting non-recurring gains and losses was CNY -108,321,994.44, which is 28.56% better than the loss of CNY 151,620,188.77 in the previous year[17]. - The total assets at the end of 2024 were CNY 2,037,140,089.57, reflecting a decrease of 5.26% from CNY 2,150,302,114.74 at the end of 2023[17]. - The basic earnings per share for 2024 was CNY 0.0250, compared to a loss of CNY 0.4562 in 2023, marking an improvement of 105.48%[17]. - The cash flow from operating activities for 2024 was CNY 20,695,089.67, down 61.67% from CNY 53,989,310.75 in 2023[17]. - The company plans not to distribute cash dividends or issue bonus shares for the year[5]. - The company reported a quarterly revenue of CNY 109,200,635.64 in Q1, CNY 125,956,261.15 in Q2, CNY 46,057,916.97 in Q3, and CNY 56,183,777.62 in Q4 of 2024[19]. - The company’s weighted average return on equity for 2024 was -16.89%, an improvement from -20.25% in 2023[17]. - The company has acknowledged the uncertainty regarding its ability to continue as a going concern, as indicated by the negative net profit figures over the past year[17]. Non-Recurring Gains and Losses - In 2024, the company reported a non-recurring gain of CNY 116,257,690.39, a significant increase from CNY 7,050,836.49 in 2023[24]. - The company recognized a gain of CNY 58,028,759.90 from the disposal of non-current assets, compared to a loss of CNY 116,396.66 in 2023[23]. - The government subsidies accounted for CNY 784,780.59 in 2024, up from CNY 320,423.30 in 2023, indicating a positive trend in government support[23]. - The company experienced a debt restructuring gain of CNY 35,908,042.78, reflecting successful financial management strategies[24]. Industry Trends and Market Position - The total investment in the national power grid reached CNY 608.3 billion in 2024, representing a 15.3% year-on-year increase[30]. - The total installed capacity of photovoltaic power generation in China reached 886 million kilowatts by the end of 2024, a 45% increase year-on-year[34]. - The company is positioned to benefit from the growing demand for smart distribution equipment, driven by the increasing complexity of the power grid and renewable energy integration[30]. - The total electricity consumption in China for 2024 was 98,521 billion kilowatt-hours, reflecting a 6.8% year-on-year growth[29]. - The company is focusing on expanding its photovoltaic business, particularly in distributed solar power generation, which is supported by favorable government policies[33]. - The company anticipates continued growth in both power generation and consumption, necessitating further investment in distribution network infrastructure[29]. - The company is focusing on the photovoltaic industry, anticipating an increase in market share due to the declining cost of electricity generation and the release of commercial rooftop resources[35]. Business Development and Strategy - The company has developed a full industry chain for smart distribution equipment, integrating design, research, manufacturing, construction, and service[36]. - The smart distribution business includes products like integrated column circuit breakers and environmentally friendly gas-insulated switchgear, enhancing reliability and efficiency in power distribution[38]. - The renewable energy business encompasses photovoltaic power generation and construction, with a focus on self-consumption and selling excess electricity to the grid[39]. - The company has established a subsidiary, Daybright Energy S.R.L., to expand its energy storage product offerings in overseas markets, which have passed various international certifications[40]. - The energy storage products include storage batteries and hybrid inverters, aimed at meeting the growing demand in both domestic and international markets[40]. - The company is committed to continuous research and development in energy storage to enhance product diversity and market recognition[40]. - The offshore construction business supports wind power installation with capabilities for significant lifting and installation tasks, contributing to marine economic development[39]. - The company aims to strengthen partnerships with local governments and commercial users to expand its photovoltaic business scale and core competitiveness[35]. - The company is actively exploring technological innovations to optimize product layouts and enhance the competitiveness of its distribution products[38]. Operational Efficiency and Cost Management - The company achieved a net profit of 7.9357 million yuan in 2024, representing a 105.49% increase compared to the same period last year, successfully turning a profit[56]. - The company primarily operates in the photovoltaic power generation sector, focusing on both centralized and distributed solar power plants, providing green electricity and energy management solutions[44]. - The energy storage business includes both household low-voltage and high-voltage storage batteries, utilizing lithium iron phosphate batteries and an intelligent battery management system (BMS) for enhanced efficiency[44]. - The company has established a comprehensive clean energy solution that includes design, construction, energy-saving transformation, and operation maintenance for renewable energy projects[47]. - The company employs a direct sales and distribution model for its energy storage business, actively participating in domestic and international exhibitions to promote its products[48]. - The company has a strong technical team with extensive experience, primarily composed of graduates from top universities, ensuring continuous innovation and competitive advantage[49]. - The company has implemented a robust quality control system, certified by ISO9001:2015, to ensure product quality across all stages of production[54]. - The company’s operating model for smart distribution business is based on "production based on sales," ensuring timely delivery and meeting customer-specific technical requirements[46]. - The company has successfully improved operational efficiency through debt restructuring and equity transfer of subsidiaries, despite a decline in revenue compared to the previous year[56]. Revenue Breakdown and Customer Relations - The company's revenue for 2024 was CNY 337.40 million, a decrease of 23.81% compared to CNY 442.81 million in 2023[64]. - The intelligent distribution business generated revenue of CNY 15.33 million in 2024, down 48.07% year-on-year[57]. - The photovoltaic business achieved revenue of CNY 10.44 million, reflecting a growth of 14.15% compared to the previous year[58]. - The marine engineering construction business reported revenue of CNY 6.86 million, an increase of 43.51% year-on-year[59]. - The company realized a debt restructuring gain of CNY 35.29 million through the early repayment of ship purchase payments[60]. - The sale of 100% equity in Suzhou Guoyu generated a profit of CNY 58.14 million, while a reduction in capital yielded CNY 16.58 million[61]. - The company completed the installation and operation of over 60 wind turbines in 2024, significantly improving operational efficiency[59]. - The company has expanded its distributed photovoltaic projects, with a total of 0.9 MW capacity added during the reporting period[64]. - The East China region accounted for 42.17% of total revenue, down 44.14% from the previous year[64]. - The company is facing increased competition in the intelligent distribution sector, leading to a decrease in market share for 2024[57]. Cost and Expense Management - The company's revenue from electrical equipment was CNY 153,254,938, with a gross margin of 24.32%, reflecting a year-on-year decrease of 48.07% in revenue and 44.26% in cost[67]. - The photovoltaic business generated revenue of CNY 104,438,748, with a gross margin of 26.54%, showing a year-on-year increase of 14.15% in revenue and 2.97% in cost[67]. - The marine engineering business reported a significant decline, with revenue of CNY 68,575,260 and a gross margin of -75.88%, indicating a 43.51% increase in revenue but a 53.28% increase in costs year-on-year[68]. - The company's total sales to the top five customers amounted to CNY 196,798,466.52, representing 58.33% of the annual total sales[71]. - The total procurement from the top five suppliers was CNY 71,726,251.97, accounting for 30.71% of the annual total procurement[71]. - Sales expenses decreased by 33.93% to CNY 15,842,050.83 due to a reduction in revenue during the reporting period[73]. - Management expenses fell by 21.13% to CNY 60,582,413.81, attributed to the full depreciation of ship assets being included in the main business costs[73]. - Financial expenses decreased by 30.40% to CNY 47,536,975.84, resulting from the replacement of ship asset loans, which reduced interest and exchange losses[73]. - Research and development expenses were CNY 27,911,621.97, down 10.62% as the company moved into production for energy storage products, leading to a decrease in related R&D usage[73]. Research and Development - R&D investment amounted to ¥27,911,621.97 in 2024, representing 8.27% of operating revenue, an increase from 7.05% in 2023[76]. - The number of R&D personnel decreased by 23% from 100 in 2023 to 77 in 2024, with a notable drop in the proportion of personnel under 30 years old by 42.86%[76]. Cash Flow and Investment - Operating cash inflow decreased by 29.70% to ¥398,993,409.54 in 2024, while operating cash outflow decreased by 26.34% to ¥378,298,319.87[78]. - The net cash flow from operating activities fell by 61.67% to ¥20,695,089.67 in 2024 compared to the previous year[78]. - Investment cash inflow increased by 55.89% to ¥346,702,027.26, while investment cash outflow decreased by 31.47% to ¥234,905,050.80[78]. - The net cash flow from investment activities turned positive at ¥111,796,976.46 in 2024, a significant improvement from a negative cash flow of -¥120,358,910.35 in 2023[78]. - Financing cash inflow rose by 61.45% to ¥1,117,660,000.00, while financing cash outflow increased by 95.38% to ¥1,184,812,689.52[78]. - The net cash flow from financing activities was negative at -¥67,152,689.52, a decline of 178.21% compared to the previous year[78]. - The net increase in cash and cash equivalents was ¥65,492,126.83, a significant increase of 236.07% from ¥19,487,601.18 in 2023[78]. Strategic Initiatives and Future Outlook - The company is focusing on the development of integrated photovoltaic and energy storage systems to enhance energy efficiency and reliability[75]. - Investment income amounted to ¥108,477,667.95, representing a -305.77% change due to subsidiary disposal and debt restructuring[81]. - The company's cash and cash equivalents increased to ¥152,884,045.00, a 7.50% rise compared to the previous period[82]. - Accounts receivable decreased to ¥208,835,176.43, reflecting a 10.25% reduction from the previous period[82]. - Total inventory decreased to ¥38,657,588.60, showing a 1.90% decline compared to the previous period[82]. - Long-term borrowings increased significantly to ¥533,726,506.33, marking an 18.58% rise due to increased collateral[82]. - The company reported a fair value change gain of ¥855,690.28, which is a -2.41% change attributed to investment fund fluctuations[81]. - The total investment amount for the reporting period was ¥0.00, indicating a -100.00% change from ¥23,000,000.00 in the previous year[86]. - The company did not engage in any significant asset or equity sales during the reporting period[90]. - There were no securities or derivative investments reported during the period[87][88]. - The company did not utilize any raised funds during the reporting period[89]. Governance and Compliance - The company reported a net profit contribution from major subsidiaries exceeding 10%[92]. - The company is engaged in significant equity sales, impacting its net profit[91]. - The company has a 100% operational efficiency rate in its key subsidiaries[91]. - The company is planning to expand its market presence through strategic partnerships and investments[91]. - The company has outlined future projections indicating a growth rate of 5% in the upcoming fiscal year[91]. - The company is focusing on new product development and technological advancements to enhance its competitive edge[91]. - The company has identified potential mergers and acquisitions to bolster its market position[91]. - The company has reported a 3.8% decrease in net profit for the last quarter, indicating a need for strategic adjustments[91]. - The company is actively optimizing its asset management strategies to improve overall financial performance[91]. - The company is committed to transparency in its financial disclosures, particularly regarding major equity transactions[91]. Employee and Management Structure - The total pre-tax remuneration for the board of directors, supervisors, and senior management during the reporting period amounted to CNY 3.1488 million[142]. - Chen Jie, the Chairman and General Manager, received a pre-tax remuneration of CNY 479,300[142]. - The company held six board meetings during the reporting period, with the latest on October 24, 2024[144]. - The remuneration decision process involves the compensation and assessment committee proposing plans, which are then approved by the board and submitted to the shareholders' meeting[140]. - The company has no penalties from regulatory authorities for directors, supervisors, and senior management in the past three years[140]. - The independent directors, Ge Jun and Lin Mingyao, each received CNY 90,000 in remuneration[142]. - The company has a total of 10 supervisors, with Hu Qing receiving CNY 151,600[142]. - The company has not reported any related party remuneration for its directors and supervisors[142]. - The total remuneration for the former supervisor, Peng Xiaomin, was CNY 572,100[142]. - The company has a structured approach to determining the remuneration based on market conditions and individual responsibilities[140]. - The total number of employees at the end of the reporting period is 337, with 212 in the parent company and 125 in major subsidiaries[151]. - The total number of employees receiving compensation during the period is 350[151]. - The professional composition includes 108 production personnel, 40 sales personnel, 103 technical personnel, 15 financial personnel, and 71 administrative personnel[151]. - The educational background of employees shows 14 with postgraduate degrees, 130 with bachelor's degrees, 89 with associate degrees, and 104 with education below associate level[151]. Shareholder Engagement and Meetings - The board of directors attended all required meetings, with no absences reported[145]. - All board members' suggestions were adopted, indicating a collaborative decision-making process[146]. - The supervisory board found no risks during its oversight activities in the reporting period[149]. - The company has not faced any objections from the board regarding company matters during the reporting period[147]. - The company is actively monitoring and ensuring compliance with regulations and governance standards[146]. - The company has a total of 15 retired employees for whom expenses are incurred[151]. - The company reported a negative distributable profit of -29,444,743.87 yuan for the fiscal year 2023, resulting in no cash dividends or stock bonuses being distributed[155]. - The total number of shares for the profit distribution plan is 316,920,479, with a cash dividend amount of 0.00 yuan[158]. - As of December 31, 2024, the consolidated undistributed profit stands at -29.44 million yuan, while the parent company's undistributed profit is 23.13 million yuan[160]. - The company has established a reasonable salary adjustment mechanism, considering factors such as operational performance and local wage levels[155]. - The company has not implemented any stock incentive plans or employee stock ownership plans during the reporting period[162]. Internal Control and Audit - The internal control system has been effectively established to ensure compliance and asset security, promoting sustainable development[163]. - The company will not distribute cash dividends for the fiscal year 2024 due to negative distributable profits, aiming to meet operational and investment needs[160]. - The cash dividend policy aligns with the company's articles of association and has been transparently communicated to shareholders[157]. - The company actively conducts various training programs to enhance employee skills and core competitiveness[154]. - The company has not encountered any significant internal control deficiencies during the reporting period[164]. - The internal control evaluation report indicates that the total assets and total revenue of the evaluated units account for 100% of the company's consolidated financial statements[166]. - There were no significant defects identified in financial or non-financial reporting, with zero instances of major or important defects reported[166]. - The internal control audit report confirmed that as of December 31, 2024, the company maintained effective internal controls over financial reporting in all material respects[167]. Environmental and Social Responsibility - The company implemented measures to reduce carbon emissions, including the installation of distributed photovoltaic power stations, which are expected to generate an average annual output of 83.94 million KWH, saving 268.61 tons of standard coal and reducing CO2 emissions by 832.68 tons annually[170]. - The company actively engages with investors through various channels, ensuring timely and accurate communication regarding its operational status[173]. - The company adheres to labor laws and regulations, providing comprehensive social insurance and ensuring equal employment opportunities without discrimination[174]. - The company has not engaged in poverty alleviation or rural revitalization efforts during the reporting period[175]. - The internal control

Financial Performance - The company's operating revenue for Q1 2025 was ¥70,730,978.51, a decrease of 35.23% compared to ¥109,200,635.64 in the same period last year[5] - The net profit attributable to shareholders was -¥17,931,789.34, representing a decline of 409.89% from a profit of ¥5,786,440.06 in the previous year[5] - Total operating revenue decreased to ¥70,730,978.51 from ¥109,200,635.64, representing a decline of approximately 35.2% year-over-year[19] - Net profit for the period was a loss of ¥17,931,789.34, compared to a profit of ¥5,248,640.99 in the previous period, indicating a significant downturn[20] - The basic and diluted earnings per share were both -0.0566, compared to 0.0183 in the previous period, indicating a shift to loss per share[20] - Other comprehensive income after tax was ¥23,056.78, contributing to the total comprehensive loss of ¥17,908,732.56 for the period[20] Cash Flow - The net cash flow from operating activities improved to ¥3,970,653.87, a significant increase of 111.12% compared to -¥35,701,324.00 in the same period last year[5] - Operating cash flow generated was ¥3,970,653.87, a recovery from a negative cash flow of ¥35,701,324.00 in the previous period[23] - The net cash flow from investing activities was -$2,498,887.12, compared to -$60,279,648.77 in the previous period[24] - The net cash flow from financing activities was -$95,683,375.27, a significant decrease from $83,147,450.44 in the prior period[24] - The company reported a net decrease in cash and cash equivalents of -$94,203,287.31, compared to -$12,837,904.08 previously[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,854,270,823.31, down 8.98% from ¥2,037,140,089.57 at the end of the previous year[5] - Current assets decreased from CNY 516,841,133.00 to CNY 349,129,164.70, representing a decline of about 32.5%[15] - Cash and cash equivalents dropped significantly from CNY 152,884,045.00 to CNY 40,303,894.34, a decrease of approximately 73.6%[15] - Total liabilities decreased from CNY 1,396,090,653.21 to CNY 1,231,130,119.51, a reduction of approximately 11.8%[16] - Short-term borrowings decreased from CNY 360,317,602.83 to CNY 305,292,297.26, a decrease of about 15.3%[16] - Non-current liabilities decreased from CNY 549,893,227.31 to CNY 498,784,032.92, a reduction of approximately 9.3%[16] - The company's total equity remained stable at CNY 623,140,703.80, with no significant changes reported[16] - The company's equity attributable to shareholders decreased to ¥623,140,703.80 from ¥641,049,436.36, a decline of about 2.8%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,052, with no preferred shareholders[10] - The largest shareholder, Chen Jie, holds 36.39% of the shares, amounting to 115,317,000 shares, with 24,300,000 shares pledged[10] Expenses - The company reported a significant reduction in financial expenses, which decreased by 45.94% to ¥8,031,776.76 from ¥14,857,291.83 in the previous year[8] - Total operating costs decreased to ¥97,146,103.75 from ¥134,515,862.70, a reduction of about 28.0% year-over-year[19] - Research and development expenses decreased to ¥3,773,125.01 from ¥5,005,694.86, a reduction of approximately 24.6% year-over-year[19] - Financial expenses decreased significantly to ¥8,031,776.76 from ¥14,857,291.83, a decrease of about 46.0% year-over-year[19] Government Support - The company received government subsidies amounting to ¥326,065.00 during the reporting period[6] Other Information - The company did not undergo an audit for the first quarter report[25] - The company plans to implement new accounting standards starting in 2025, but this does not apply to the current reporting period[25]