Financial Performance - The company's operating revenue for 2022 was ¥1,484,463,202.63, representing a 6.49% increase compared to ¥1,393,959,652.49 in 2021[21]. - The net profit attributable to shareholders for 2022 was ¥47,688,168.09, a significant turnaround from a loss of ¥18,788,890.09 in 2021, marking a 353.81% increase[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥43,696,046.50, up 284.46% from a loss of ¥23,688,651.49 in 2021[21]. - The basic and diluted earnings per share for 2022 were both ¥0.22, compared to a loss of ¥0.09 per share in 2021, reflecting a 344.44% improvement[21]. - The total assets at the end of 2022 were ¥1,949,589,491.57, a decrease of 2.95% from ¥2,008,938,259.54 at the end of 2021[21]. - The net assets attributable to shareholders increased by 4.02% to ¥1,264,903,630.28 at the end of 2022, up from ¥1,216,022,391.15 at the end of 2021[21]. - The company achieved a net profit of 47.6882 million yuan in 2022, a significant increase of 353.81% compared to the previous year[46]. - The company's operating revenue reached 1.4844632 billion yuan, representing a year-on-year increase of 6.49%[52]. - The sales volume of turbocharger system components was 10.0063 million units, down 4.04% from the previous year, while production was 9.9211 million units, down 8.53%[46]. - The company achieved a gross profit margin of 14.57% in the manufacturing sector, an increase of 3.24% from the previous year[59]. - The company reported a significant increase in credit impairment losses by 236.17% to -¥2,721,014.70, linked to a rise in accounts receivable[67]. - The company reported a decrease in investment income by 9.83% to -¥4,716,630.09, alongside a 16.29% increase in asset impairment losses to -¥7,812,286.95[74]. Dividend Distribution - The company plans to distribute a cash dividend of 0.5 RMB per 10 shares to all shareholders, based on a total of 214,742,977 shares[3]. - The company reported a cash dividend of 10,737,148.85 CNY, which is 0.5 CNY per 10 shares, representing 100% of the total profit distribution[171]. - The total distributable profit for the year was 335,721,628.03 CNY, with cash dividends constituting the entire profit distribution[171]. - The company did not distribute cash dividends or issue new shares for the 2021 fiscal year due to losses, adhering to its profit distribution policy[170]. Risk Management - The report emphasizes the importance of risk management and outlines potential risks and countermeasures in the future development section[3]. - The company faces risks from intensified competition in the automotive market, which may lead to a decline in profitability due to price wars and reduced demand for traditional fuel vehicles[103]. - The company is exposed to foreign exchange risks due to its import and export operations primarily conducted in euros and US dollars, and plans to implement foreign exchange hedging strategies[105]. Operational Changes - The company has undergone a change in its registered address, moving from "No. 2 Huayi Road, Wuxi Binhu Development Zone" to "No. 2 Tianzhu Road, Hudai Town, Wuxi" on April 20, 2018[16]. - The company’s main business and operational model have not undergone significant changes during the reporting period[36]. - The company has established an additional annual production capacity of 3 million compressor housings, which is expected to meet market demand for a certain period[89]. - The company has shifted its R&D focus towards fuel cell components in response to the rapid development of the new energy vehicle market[89]. Research and Development - The company’s R&D investment amounted to ¥62,382,006.50 in 2022, representing 4.20% of total revenue, a decrease from 4.39% in 2021[70]. - The number of R&D personnel decreased by 6.23% from 321 in 2021 to 301 in 2022, with a notable drop in those under 30 years old by 23.53%[70]. - The company completed the development of several turbocharger products aimed at improving fuel efficiency and reducing emissions, enhancing core competitiveness[68]. - The company has invested 100 million CNY in R&D for innovative technologies aimed at reducing emissions by 30%[150]. Market Position and Strategy - The company has over 30 years of experience in the automotive sector, leveraging large-scale production capabilities, strong customer relationships, and high product quality to maintain market competitiveness[35]. - The company is actively expanding its product offerings and customer base in the new energy vehicle sector, aiming for rapid development in this area[35]. - The company aims to deepen its market potential in the new energy vehicle sector by increasing the variety of new energy products and expanding its customer base to boost revenue[99]. - The company is considering refinancing and external mergers and acquisitions to support its expansion plans, depending on business development and capital market conditions[102]. Governance and Compliance - The company completed the re-election of the new board of directors during the reporting period[116]. - The company has established a governance structure compliant with legal requirements, including a shareholder meeting, board of directors, and supervisory board[128]. - The company strictly adheres to information disclosure regulations, ensuring all shareholders have equal access to information[120]. - The company has a complete and independent business, personnel, asset, and institutional structure, ensuring operational autonomy[124]. Environmental Responsibility - The company is committed to environmental protection and safety management, investing in equipment to ensure compliance with environmental standards[108]. - The company has implemented a wastewater treatment system achieving zero discharge, with all wastewater processed and reused in production[199]. - The company has received all necessary environmental permits, valid until 2027, ensuring compliance with local regulations[196]. - The company is committed to sustainable practices, integrating environmental considerations into its operational strategies[199]. Employee Management - The total number of employees at the end of the reporting period was 2,295, with 1,479 at the parent company and 816 at major subsidiaries[166]. - The company has implemented a salary policy that aligns individual employee performance with departmental and company profitability[167]. - The company has initiated training programs aimed at enhancing employee skills and management knowledge to support sustainable development[168]. - The employee stock ownership plan (ESOP) had a total of 2,192,000 shares at the beginning of the reporting period, with 1,096,000 shares not unlocking due to unmet performance targets, resulting in a remaining total of 1,670,000 shares[175].

证券代码：300694 证券简称：蠡湖股份 公告编号：2023-009 无锡蠡湖增压技术股份有限公司 关于举行2022年度业绩网上说明会的公告 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。 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提前向 投资者公开征集问题，广泛听取投资者的意见和建议。投资者提前访问网址 （http://ir.p5w.net/zj/）或扫描下方二维码，进入问题征集专题页面。公司将在 2022 年度业绩说明会上，对投资者普遍关注的问题进行回答。 （问题征集专题页面二维码） 1 欢迎广大投资者积极参与！ 特此公告。 无锡蠡湖增压技术股份有限公司（以下简称"公司"）2022 年度报告及其摘要 将于 2023 年 4 月 18 日在证监会指定创业板信息披露网站披露，并在《证券时报》 刊登提示性公告。为使投资者能够进一步了解公司经营情况，公司定于 2023 年 4 月 27 日（星期四）下午 15:00-17:00 在在深圳证券交易所"互动易"平台"云访谈" 栏目举办 2022 年度业绩网上说明会，本次年度业绩说明会将采取 ...

证券代码：300694 证券简称：蠡湖股份 无锡蠡湖增压技术股份有限公司 投资者关系活动记录表 编号：2020-001 | --- | --- | --- | |---------------------|----------------------------|----------------------------------------------------| | | | | | | | 特定对象调研（电话会议方式调研） | | | □ | 分析师会议 □媒体采访 | | 投资者关系 活动类别 | □ | 业绩说明会 □新闻发布会 | | | □ 路演活动 □现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 | | 东吴证券研究所黄细里、融通基金张鹏 | | 及人员姓名 | | | | 时间 | 2020 年 10 月 29 | 日 15:30-16:30 | | 地点 | （电话会议） | | | 上市公司 | | （1）副总经理、董事会秘书 王晓君 | | 接待人员姓名 | （ 2 ）证券事务代表 王思文 | | | 投资者关系活动 | 一、公司介绍 | | ...

证券代码：300694 证券简称：蠡湖股份 编号：2021-001 无锡蠡湖增压技术股份有限公司 投资者关系活动记录表 | --- | --- | --- | |---------------------------|---------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------| | | | | | | □特定对象调研 □分析师会议 | | | | □媒体采访 | 业绩说明会 | | 投资者关系 活动类别 | □新闻发布会 □路演活动 | | | | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 参与单位名称 及人员姓名 | 市场投资者 | | | 时间 2021 | 年 4 月 30 日 | 13:00-15:00 | | | ...

Financial Performance - The company's revenue for Q3 2022 reached ¥415,528,005.61, an increase of 26.49% compared to the same period last year[4] - Net profit attributable to shareholders was ¥21,287,885.29, representing a significant increase of 369.35% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥20,004,431.72, up 313.58% from the previous year[4] - Basic and diluted earnings per share were both ¥0.10, reflecting a growth of 350.00% compared to the same period last year[4] - The company's net profit for 2020 was CNY 30,081,094.77, while the adjusted net profit for 2021 was CNY -18,886,801.49, representing a decline of 162.79% compared to 2020[18] - The net profit for Q3 2022 reached CNY 38,343,508.87, a significant increase of 369.5% from CNY 8,168,708.79 in the same period last year[25] - The total profit before tax for Q3 2022 was CNY 41,420,923.19, a substantial increase from CNY 11,920,305.58 in the same quarter last year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,034,687,115.37, a slight increase of 1.28% from the end of the previous year[4] - As of September 30, 2022, the total current assets amounted to CNY 1,237,335,637.28, an increase from CNY 1,151,187,656.46 at the beginning of the year[20] - The total liabilities as of September 30, 2022, were CNY 780,641,338.68, a slight decrease from CNY 792,915,868.39 at the beginning of the year[21] - The total assets reached CNY 2,034,687,115.37 as of September 30, 2022, compared to CNY 2,008,938,259.54 at the beginning of the year[21] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥7,016,146.19, a decline of 106.64% compared to the same period last year[9] - The company reported a net cash outflow from operating activities of CNY -7,016,146.19, compared to a net inflow of CNY 105,733,776.71 in Q3 2021[27] - The company experienced a net cash inflow from financing activities of CNY 64,177,117.19, compared to CNY 85,964,925.40 in Q3 2021[28] - The company's cash and cash equivalents increased by 51.01% to ¥176,069,901.14 compared to the beginning of the year[9] - Cash and cash equivalents at the end of Q3 2022 totaled CNY 118,506,126.79, an increase from CNY 57,418,378.29 at the end of Q3 2021[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,739[11] - The largest shareholder, Quanzhou Water Supply Ding Sheng Equity Investment Partnership, holds 29% of the shares, totaling 62,441,923 shares[11] - The company’s control changed on July 12, 2022, with Quanzhou Water Supply Ding Sheng becoming the controlling shareholder after acquiring 29% of the shares at a price of 14.51 RMB per share[15] - The actual controller of the company is now the Quanzhou Municipal Government State-owned Assets Supervision and Administration Commission[15] - The top ten shareholders hold a combined total of 100% of the shares, with the largest three shareholders holding 36.02%[11] - The company has no preferred shareholders as of the reporting period[13] - The number of restricted shares at the end of the period is 8,156,991, with 1,595,853 shares released from restriction during the period[13] - The company has not disclosed any related party transactions among the top ten shareholders[12] - The company has not engaged in any financing or securities lending activities among the top ten shareholders[12] Operational Costs and Expenses - The total operating costs for Q3 2022 were CNY 1,013,499,041.14, an increase of 4.2% compared to CNY 972,835,104.27 in Q3 2021[24] - Research and development expenses increased to CNY 47,560,867.96, up from CNY 43,527,187.33, reflecting a growth of 7.4% year-over-year[24] - The company experienced a 67.98% increase in taxes and surcharges, totaling ¥6,806,490.65 for the reporting period[9] - The company reported a decrease in tax expenses to CNY 3,077,414.32 from CNY 3,751,596.79 in Q3 2021[24] Future Plans - The company plans to continue its market expansion and product development strategies following the change in control[15]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥665,995,641.59, a decrease of 2.26% compared to the same period last year[21]. - Net profit attributable to shareholders increased by 8.01% to ¥17,359,362.82, while the net profit after deducting non-recurring gains and losses decreased slightly by 0.38% to ¥14,803,519.60[21]. - The net cash flow from operating activities was negative at -¥1,792,515.92, a decline of 104.21% compared to the previous year[21]. - Basic and diluted earnings per share increased by 14.29% to ¥0.08[21]. - Total assets at the end of the reporting period were ¥2,032,009,478.86, reflecting a growth of 1.15% from the end of the previous year[21]. - Operating profit reached 19.2206 million yuan, an increase of 1.73% year-on-year[42]. - Net profit attributable to shareholders was 17.2211 million yuan, reflecting a growth of 7.15% compared to the previous year[42]. - The company's revenue for the reporting period was ¥665,995,641.59, a decrease of 2.26% compared to ¥681,427,782.32 in the same period last year[49]. - The company's gross profit margin for compressor shells and their components was 19.00%, a decrease of 6.07% compared to the previous year[51]. - The company reported a total revenue of 9,395,960.00 for the first half of 2022, showing a significant increase compared to the previous year[124]. Research and Development - The company holds a total of 54 invention patents, 117 utility model patents, and 4 design patents, showcasing its strong R&D capabilities[38]. - The company has implemented a unique management mechanism, LIM2.0, which has significantly contributed to cost reduction and efficiency improvement during the reporting period[41]. - The company’s R&D investment increased by 10.41% to ¥30,901,216.32 from ¥27,988,322.95 year-on-year[49]. - The company has strategically locked in prices for key raw materials to mitigate the impact of price increases, enhancing profit margins[43]. - The company decided to optimize R&D topics focusing on fuel cell components in response to the rapid development of the new energy vehicle market[70]. - The company aims to avoid excessive investment by utilizing existing facilities for R&D activities instead of continuing the construction of the R&D center[70]. Market and Industry Trends - The automotive industry faced challenges in the first half of 2022, with a 3.7% decline in production and a 6.6% decline in sales year-on-year, although new energy vehicle production saw a significant increase of 120%[30]. - The market share of new energy vehicles reached 21.6%, indicating a rapid increase in demand for clean energy solutions[32]. - The company is actively developing new energy products to seek new profit growth points in response to the changing market landscape[32]. - The company continues to expand production capacity and enhance market share in the turbocharger industry despite challenges from the electric vehicle market[44]. - The company is actively expanding into hydrogen energy and hybrid vehicle markets, leveraging its R&D capabilities and stable delivery capacity to meet emerging market demands[87]. Environmental and Social Responsibility - The company has implemented various environmental protection measures, including a wastewater treatment station that achieves zero discharge of production wastewater[102]. - The company has invested in air pollution control facilities, achieving over 60% efficiency in treating harmful gases[101]. - The total emissions of particulate matter from the company are 6.49475 tons, with no exceedance of the pollution discharge standards[100]. - The company has established a comprehensive environmental monitoring plan, including regular assessments by third-party organizations[104]. - The company has committed to reducing carbon emissions through technological innovations and energy-saving systems[106]. Corporate Governance and Compliance - The financial report is guaranteed to be true, accurate, and complete by the board of directors and management[3]. - The company has not reported any changes in its registration status during the reporting period[20]. - The company has not reported any issues or other circumstances regarding the use and disclosure of raised funds[68]. - The semi-annual financial report has not been audited[113]. - The company has no significant litigation or arbitration matters during the reporting period[115]. - The company has not engaged in any related party transactions during the reporting period[117]. Shareholder Information - The total number of employees participating in the employee stock ownership plan is 101, holding a total of 2,192,000 shares, which accounts for 1.02% of the company's total equity[97]. - The chairman and general manager, Wang Hongqi, holds 120,000 shares, representing 0.06% of the company's total equity[97]. - The company reported a total of 13,855 shareholders at the end of the reporting period[147]. - The total number of limited shares before the change was 7,599,642, representing 3.53% of total shares, which increased to 9,156,627, or 4.25% after the change[141]. - The total number of unrestricted shares was 207,717,335, accounting for 96.47% before the change, which decreased to 206,160,350, or 95.75% after the change[141]. Financial Management - The company’s cash and cash equivalents increased by 90.70% to ¥29,886,749.58 from ¥15,672,379.37, mainly due to an increase in bank loans[49]. - The company’s financial expenses decreased by 97.71% to ¥105,021.12 from ¥4,595,496.28, mainly due to a significant increase in exchange gains during the reporting period[49]. - The company has outstanding guarantees totaling 16,227,106.31, with a guarantee period ending on August 31, 2022[125]. - The company issued a total of 15,000,000.00 in financial instruments on January 24, 2022, indicating strong liquidity management[124]. - The company has a total of 11,000,000.00 in guarantees that are still outstanding as of May 20, 2022[125].

Financial Performance - In 2021, the company achieved operating revenue of 1,393.96 million yuan, a year-on-year increase of 29.16%, while the net profit attributable to shareholders was -18.79 million yuan, a decline of 141.01%[6]. - The company's operating revenue for 2021 was CNY 1,393,959,652.49, representing a 29.16% increase compared to CNY 1,079,252,060.43 in 2020[28]. - The net profit attributable to shareholders for 2021 was a loss of CNY 18,788,890.09, a decrease of 141.01% from a profit of CNY 45,815,745.22 in 2020[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 23,688,651.49, down 178.75% from a profit of CNY 30,081,094.77 in 2020[28]. - The net cash flow from operating activities was CNY 111,459,173.30, a decrease of 10.56% from CNY 124,623,674.75 in 2020[28]. - The total assets at the end of 2021 were CNY 2,008,938,259.54, an increase of 5.46% from CNY 1,904,949,793.26 at the end of 2020[28]. - The net assets attributable to shareholders at the end of 2021 were CNY 1,216,022,391.15, a decrease of 2.60% from CNY 1,248,533,055.94 at the end of 2020[28]. - The basic earnings per share for 2021 was -CNY 0.09, compared to CNY 0.21 in 2020, reflecting a decrease of 142.86%[28]. - The weighted average return on net assets for 2021 was -1.53%, down from 3.72% in 2020, indicating a decline of 5.25%[28]. - The company reported a total cash dividend amount of CNY 22,937,318, which represents 100% of the total profit distribution amount for the year[170]. Cost and Profitability - The main reason for the significant drop in net profit was a 76 million yuan increase in procurement costs due to soaring prices of key raw materials like aluminum alloy and nickel plates[6]. - The average procurement price of aluminum increased by approximately 35% in 2021 compared to 2020, impacting the gross profit margin negatively[58]. - The gross profit margin for the manufacturing sector decreased to 11.33%, down from the previous year's margin, due to a higher increase in operating costs compared to revenue growth[67]. - The company experienced a decline in gross profit margin due to rising raw material costs, which increased their cost share[71]. Market and Industry Outlook - The turbocharger industry is expected to benefit from favorable policies promoting energy conservation and new energy technologies, with a projected 20% of new car sales being new energy vehicles by 2025[8]. - The company plans to actively expand into the hydrogen energy vehicle and hybrid vehicle markets, leveraging its existing core competencies and customer relationships[11]. - The company aims to capture market opportunities in hybrid and new energy vehicles while maintaining its market share in traditional fuel vehicles[41]. - The production and sales of hydrogen fuel cell vehicles in China increased by 48.2% and 34.7% year-on-year, reaching 1,777 units and 1,586 units, respectively[39]. Research and Development - The company holds 53 invention patents, 118 utility model patents, and 4 design patents, showcasing its strong focus on R&D and innovation[54]. - The company has developed key components for hydrogen fuel cell systems and is actively participating in national R&D projects, indicating a strategic focus on new energy technologies[59]. - Research and development expenses rose by 17.55% to ¥61,129,112.90 in 2021, up from ¥52,003,285.77 in 2020[74]. - The company is focused on R&D in the automotive sector, particularly in new energy fuel cell vehicles, aiming to develop components such as hydrogen fuel cell compressor systems and electric turbocharger parts, which are expected to enhance main revenue streams in the future[106]. Production and Operations - The company produced 10.8465 million turbocharger system components, a year-on-year increase of 35.97% compared to 7.9772 million units in the previous year[50]. - Domestic sales volume reached 6.2955 million units, reflecting a significant increase of 48.68% from 4.2344 million units in the same period last year[50]. - The company employs a "make-to-order" procurement model, ensuring strict supplier audits for materials with annual procurement amounts exceeding 6 million yuan[46]. - The production process includes casting, machining, and assembly, with a focus on optimizing processes to enhance production efficiency and product quality[47]. Governance and Management - The company has established a governance structure that complies with the Company Law and Securities Law, ensuring independence from shareholders and their related parties[125]. - The company has a complete and independent research, supply, production, and sales system, allowing it to operate directly in the market[129]. - The management team is composed of experienced professionals with diverse backgrounds in the industry, contributing to strategic decision-making[141]. - The company has a strong board of independent directors with diverse backgrounds in finance and management, enhancing governance[145][146][147]. Environmental and Social Responsibility - The company has established a wastewater treatment facility, ensuring all wastewater is treated and reused in production, enhancing sustainability efforts[188]. - The company invested in air pollution control facilities, achieving over 60% efficiency in treating harmful emissions[188]. - The company emphasizes social responsibility, focusing on creating value for shareholders while also protecting the rights of employees, customers, and suppliers[196]. - The company actively participates in community support and public welfare activities, including donations for local epidemic prevention and educational support[200]. Future Strategies - The company plans to focus on technological and management innovation in 2022 to improve production efficiency and reduce costs[105]. - The company aims to enhance internal management and external bargaining power to improve operational efficiency in the future[104]. - The company plans to accelerate digital transformation by establishing smart factories, integrating ERP and MES systems to improve production efficiency and reduce operational costs over the next two to three years[107]. - The company is exploring diversified financing and strategic partnerships in the new energy sector, including potential mergers and acquisitions[110].

Financial Performance - The company's revenue for Q1 2022 was CNY 366,509,504.31, representing an increase of 8.09% compared to CNY 339,071,251.19 in the same period last year[3]. - Net profit attributable to shareholders decreased by 20.87% to CNY 9,570,440.54 from CNY 12,094,002.59 year-on-year[3]. - Basic and diluted earnings per share both decreased by 33.33% to CNY 0.04 from CNY 0.06 in the same period last year[3]. - Total operating revenue for the first quarter was CNY 366,509,504.31, an increase of 8.5% compared to CNY 339,071,251.19 in the previous year[27]. - Net profit for the period was CNY 9,570,440.54, a decrease of 20.9% from CNY 12,094,002.59 in the same period last year[28]. - The total comprehensive income for the period was CNY 9,570,440.54, compared to CNY 12,094,002.59 in the previous period, reflecting a decrease of approximately 20.5%[29]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 33,382,716.75, down 21.58% from CNY 42,570,659.01 in the previous year[3]. - Cash inflow from operating activities totaled CNY 397,806,418.96, an increase from CNY 376,488,337.26 in the previous period, representing a growth of about 5.4%[32]. - Cash inflow from investment activities was CNY 38,858,588.33, compared to CNY 25,153,954.46 in the previous period, marking an increase of about 54.7%[32]. - Net cash flow from investment activities was CNY 1,853,350.49, a significant improvement from a negative CNY 58,120,803.13 in the previous period[32]. - Cash inflow from financing activities was CNY 209,541,888.00, up from CNY 158,309,225.00 in the previous period, indicating an increase of approximately 32.4%[33]. - The ending balance of cash and cash equivalents was CNY 107,063,034.82, compared to CNY 58,465,562.86 in the previous period, representing an increase of approximately 83.1%[33]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,022,462,341.90, a slight increase of 0.67% from CNY 2,008,938,259.54 at the end of the previous year[3]. - Total liabilities were CNY 794,788,708.53, slightly up from CNY 792,915,868.39, indicating a marginal increase of 0.2%[25]. - Inventory decreased to CNY 474,249,332.07 from CNY 493,252,306.88, reflecting a decline of 3.9%[24]. Expenses and Costs - Total operating costs amounted to CNY 345,886,796.88, up from CNY 318,177,874.27, reflecting a year-over-year increase of 8.7%[27]. - Sales expenses decreased by 44.34% compared to the same period last year, attributed to reduced marketing expenses for new products[7]. - Research and development expenses increased to CNY 14,190,674.57, compared to CNY 12,647,743.97, marking a rise of 12.2%[28]. - Investment income decreased by 53.25% year-on-year, primarily due to increased interest on discounted bills[7]. - The company reported a gross profit margin of approximately 5.5% for the quarter, down from 8.1% in the previous year[28]. Corporate Developments - The company established a new subsidiary, Hai Da Qing Neng Shipbuilding (Dalian) Co., Ltd., with a registered capital of RMB 10 million, where the company holds an 80% stake[18]. - The company is focusing on the research and development of new energy vessels and new material vessels, emphasizing environmental sustainability[19]. - The company has established a comprehensive safety production management system to mitigate risks associated with safety and environmental compliance[20]. - The company is actively investing in environmental protection equipment to ensure compliance with emission standards[20]. - The company has extended the deadline for the share transfer agreement to April 30, 2022, to meet the necessary conditions[15]. Shareholder Information - The company reported a total of 62,441,923 shares (29% of total share capital) intended for transfer from the controlling shareholder to the acquirer[14]. - The company has a total of 9,195,495 shares under lock-up agreements at the end of the reporting period[13]. - The employee stock ownership plan incurred a payment expense of approximately RMB 2.08 million during the reporting period[17]. - The company reported that four individuals lost their eligibility in the employee stock ownership plan due to resignation[16]. Audit and Compliance - The company did not undergo an audit for the first quarter report[34].

Financial Performance - The company's revenue for Q3 2021 was CNY 328,512,413.08, representing an increase of 11.55% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of CNY 7,903,335.80, a decrease of 165.95% year-on-year[3]. - The company's operating income for the year-to-date was CNY 1,009,940,195.40, reflecting a growth of 37.62% compared to the same period last year[9]. - The company achieved a revenue of RMB 1,009.94 million for the first nine months of 2021, an increase of 37.62% compared to the same period last year[13]. - The net profit for the same period was RMB 8.17 million, a significant decrease of 83.97% year-on-year[13]. - Total operating revenue for Q3 2021 reached CNY 1,009,940,195.40, an increase of 37.7% compared to CNY 733,865,678.41 in the same period last year[21]. - Net profit for Q3 2021 was CNY 8,168,708.79, a decrease of 84.0% compared to CNY 50,957,664.81 in Q3 2020[22]. - The total comprehensive income attributable to the parent company for the third quarter was CNY 8,168,708.79, compared to CNY 50,957,664.81 in the previous period[23]. Cash Flow and Investments - The operating cash flow net amount for the year-to-date was CNY 105,733,776.71, down 53.90% compared to the previous year[3]. - The company’s investment activities generated a cash outflow of -CNY 167,870,667.73, a significant increase of 2505.34% compared to the previous year[9]. - Cash inflow from operating activities totaled CNY 1,226,505,627.70, an increase from CNY 1,028,674,493.41 in the previous period[25]. - Net cash flow from operating activities decreased to CNY 105,733,776.71 from CNY 229,379,149.28 in the previous period[26]. - Cash outflow from investment activities was CNY 235,887,605.71, compared to CNY 363,333,035.84 in the previous period[26]. - Net cash flow from financing activities was CNY 85,964,925.40, a significant improvement from a net outflow of CNY 242,764,157.17 in the previous period[26]. - The net increase in cash and cash equivalents for the period was CNY 23,811,763.59, compared to a decrease of CNY 20,492,515.11 in the previous period[26]. - As of September 30, 2021, the company's cash and cash equivalents amounted to RMB 133.02 million, up from RMB 58.06 million at the end of 2020[17]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,025,888,417.31, an increase of 6.35% from the end of the previous year[4]. - The company's total liabilities increased significantly, with accounts payable rising by 90.50% to CNY 172,601,600.15 due to increased procurement scale[7]. - The company’s total equity attributable to shareholders decreased slightly by 0.74% to CNY 1,239,265,920.03 compared to the end of the previous year[4]. - Current liabilities rose to CNY 753,537,064.07, compared to CNY 620,595,859.68 in the previous year, reflecting a 21.4% increase[19]. - The company's financial liabilities totaled CNY 786,622,497.28, an increase from CNY 656,416,737.32 year-on-year, reflecting a 19.8% rise[19]. - The total equity attributable to shareholders was CNY 1,239,265,920.03, a slight decrease from CNY 1,248,533,055.94 in the previous period[20]. Inventory and Costs - Inventory levels increased to CNY 506,551,460.00, up from CNY 422,175,528.66, indicating a 20.0% rise[20]. - Operating costs for the same period were CNY 972,835,104.27, up 45.0% from CNY 670,656,338.57 year-on-year[21]. - The company experienced a 64.43% increase in asset impairment losses, amounting to -CNY 25,640,404.53, primarily due to increased inventory write-downs[9]. - Research and development expenses for the quarter were CNY 43,527,187.33, an increase of 21.0% from CNY 35,946,765.47 in the same quarter last year[21]. Shareholder Activities - The company completed a share repurchase plan on August 26, 2021, repurchasing 2,192,000 shares, which is 1.02% of the total share capital, at a total cost of RMB 22,944,070.76[14]. - The repurchased shares were allocated to the company's first employee stock ownership plan, which has now entered a lock-up period[15]. Market Conditions - The average purchase price of aluminum (ZL101A) increased by 31.67% compared to the same period last year, while the nickel material price rose by 21.83%[13]. - Export sales accounted for 43.20% of the main business revenue, with the average exchange rate of USD to RMB declining by approximately 6.99% from the previous year[14]. Other Information - The report for the third quarter was not audited[28].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥681,427,782.32, representing a 55.09% increase compared to ¥439,364,966.83 in the same period last year[23]. - The net profit attributable to shareholders of the listed company decreased by 58.76% to ¥16,072,044.59 from ¥38,973,428.36 in the previous year[23]. - Basic earnings per share fell by 61.11% to ¥0.07 from ¥0.18 in the same period last year[23]. - The total comprehensive income for the first half of 2021 was ¥16,072,044.59, a decrease from ¥38,973,428.36 in the first half of 2020[169]. - The net profit for the first half of 2021 was ¥23,253,873.22, compared to ¥37,170,746.73 in the first half of 2020, indicating a decrease of approximately 37.4%[172]. - The company reported a net profit of -17.22 million yuan, indicating a loss for the current period compared to the previous period[184]. Cash Flow and Liquidity - The net cash flow from operating activities dropped significantly by 80.74%, amounting to ¥42,541,107.55 compared to ¥220,853,354.95 in the previous year[23]. - The net cash flow from operating activities for the first half of 2021 was ¥46,038,569.95, a decrease of 66.4% compared to ¥136,819,259.43 in the first half of 2020[179]. - Cash and cash equivalents increased significantly to CNY 103,018,416.74 from CNY 58,056,033.49, representing an increase of approximately 77.3%[158]. - The cash inflow from financing activities was positive at ¥6,868,344.09 in the first half of 2021, compared to a negative cash flow of ¥142,077,874.81 in the first half of 2020[179]. - The company reported a cash inflow from financing activities of ¥52,052,253.92, compared to a cash outflow of ¥205,950,557.05 in the same period of 2020[176]. Assets and Liabilities - Total assets increased by 4.72% to ¥1,994,833,285.05 from ¥1,904,949,793.26 at the end of the previous year[23]. - The company's total liabilities increased to ¥397,845,534.30 as of June 30, 2021, compared to ¥355,491,707.11 at the end of 2020, marking an increase of 11.9%[165]. - The company's inventory increased to ¥494,579,155.65, accounting for 24.79% of total assets, up from 22.16% in the previous year[59]. - The company's total equity attributable to shareholders at the end of the reporting period was 1,241.6 million yuan, compared to 1,219.9 million yuan at the end of the previous year, reflecting an increase of approximately 1.8%[183]. Market and Industry Trends - The automotive market saw production and sales of 12.56 million and 12.89 million vehicles, respectively, representing year-on-year growth of 24.2% and 25.6%[35]. - The sales of new energy vehicles reached 1.215 million units, doubling year-on-year, with cumulative sales matching the total for the entire year of 2019[35]. - The global turbocharger sales are expected to grow steadily, significantly outpacing the growth rate of automotive production due to increasing configuration rates[33]. - The automotive industry is facing challenges such as chip shortages and rising raw material prices, which may impact production and costs[34]. Research and Development - The company is focusing on the development of hydrogen fuel cell technology for marine applications, aiming to explore new industry layouts[46]. - The company is increasing R&D investment to diversify its product structure and expand into the new energy vehicle sector to mitigate risks associated with the traditional turbocharger market[83]. - Research and development expenses for the first half of 2021 were ¥27,988,322.95, an increase of 24.5% compared to ¥22,425,704.83 in the first half of 2020[166]. Environmental and Compliance - The company reported a total emission of 6.49475 tons/year of particulate matter, 0.4488 tons/year of CO2, and 5.74575 tons/year of nitrogen oxides, all within legal limits[100]. - The wastewater treatment system has been designed to achieve zero discharge, with all wastewater being treated and reused in production[101]. - The company has engaged a third-party service provider for environmental management and compliance, ensuring adherence to national standards[100]. Shareholder and Capital Management - The company plans to implement an employee stock ownership plan to incentivize key personnel, funded through employees' legal salaries and self-raised funds[95]. - The company repurchased a total of 1,871,100 shares, accounting for 0.87% of the total share capital, with a total expenditure of approximately RMB 19.04 million[140]. - The largest shareholder, Wuxi Lihu Zhi Investment Co., holds 34.75% of the shares, totaling 74,814,280 shares, with no changes during the reporting period[145]. Risks and Challenges - The company faced significant risks and challenges, which are detailed in the report[5]. - The company faces risks from fluctuations in raw material prices, which significantly impact gross margins and overall profitability[87]. - The company exports products primarily to France, Poland, Romania, the USA, Mexico, Japan, and South Korea, making it vulnerable to changes in international trade policies[84].