Financial Performance - The company's operating revenue for 2022 was ¥336,313,437.06, a decrease of 17.86% compared to ¥409,455,130.85 in 2021[21]. - The net profit attributable to shareholders for 2022 was ¥47,211,364.09, down 38.35% from ¥76,575,942.23 in 2021[21]. - The net profit after deducting non-recurring gains and losses was ¥21,301,955.23, a decline of 53.30% from ¥45,609,885.22 in 2021[21]. - The net cash flow from operating activities increased by 37.51% to ¥61,233,215.22 in 2022, compared to ¥44,528,928.44 in 2021[21]. - The total assets at the end of 2022 were ¥2,072,738,488.94, reflecting a 9.21% increase from ¥1,897,923,258.19 at the end of 2021[21]. - The company's basic earnings per share for 2022 was ¥0.30, down 38.78% from ¥0.49 in 2021[21]. - The weighted average return on equity for 2022 was 3.24%, a decrease of 2.16% from 5.40% in 2021[21]. - The company received government subsidies amounting to ¥3,093,337.85 in 2022, down from ¥11,847,604.19 in 2021[27]. - The company reported a total of ¥25,909,408.86 in non-recurring gains for 2022, compared to ¥30,966,057.01 in 2021[27]. Challenges and Strategic Responses - The company faced significant challenges in 2022 due to a shortage of key components, leading to extended delivery times of 1 to 2 years for some imported parts, which adversely affected overall production and revenue[4]. - Rising prices of raw materials and purchased components have led to increased production costs, impacting the company's financial performance despite efforts to mitigate these costs through collaboration with partners[6]. - The company has taken proactive measures to address the impact of global factors on its supply chain and production processes[4]. - The company is implementing strategic procurement plans and advancing the development of its self-researched CNC systems to reduce reliance on imported components[4]. - The company has established a good communication mechanism with upstream and downstream partners to share risks associated with cost increases[6]. - The company has implemented strategies such as early procurement of raw materials and the development of a strategic procurement plan for key components to mitigate the impact of component shortages[47]. Market Position and Industry Trends - The company is positioned in the precision grinding machine industry, which is experiencing increased demand for high-performance equipment due to industrial upgrades and policy support for domestic manufacturing[30][32]. - In 2022, the machine tool industry experienced a revenue decline of 0.3%, with metal cutting machine tools seeing a 5.6% decrease in revenue[33]. - The industry faced a loss rate of 19.7%, with metal cutting machine tools having a loss rate of 18.8%[33]. - The production volume of metal cutting machine tools in China decreased by 13.1% year-on-year, totaling 572,000 units[33]. - New orders for key enterprises in the metal cutting machine tool sector fell by 10.9% year-on-year, while backlog orders increased by 0.5%[33]. Research and Development - The company is focusing on the development and application of grinding technology in the non-ferrous metal industry, particularly for copper and aluminum foil, to enhance its core precision grinding technology[47]. - The company has developed the HCK2000 CNC system, which has been successfully integrated into its roller grinding machines, improving grinding precision and efficiency, and is now being applied across various industries[51]. - The company has established a joint research center with Tsinghua University to address critical technical challenges in precision grinding equipment, aiming to transition from "Made in China" to "Created in China"[49]. - The company has launched the inner and outer circle composite grinding machine (sub-micron grinding series), achieving grinding precision below 1μ, positioning it as a leading product in the domestic market[50]. - The company is developing advanced technologies, including a digital virtual simulation for CNC systems, aimed at reducing production cycles by 30% and non-productive time by 20%[73]. - The company aims to enhance its innovation capabilities in high-end precision grinding equipment through these R&D projects[75]. Corporate Governance and Management - The company has a robust governance structure in compliance with relevant laws and regulations, ensuring independent operation and decision-making[109]. - The company has established a mechanism linking executive compensation to company performance to attract and retain talent[110]. - The company has independent financial and operational capabilities, ensuring no shared resources with the controlling shareholder[114]. - The company is committed to fulfilling social responsibilities and maintaining a balance of interests among stakeholders[111]. - The company has established a sound internal management structure, independently exercising management authority without any institutional confusion with controlling shareholders or other enterprises they control[115]. Shareholder Relations and Dividends - The company reported a cash dividend policy where the total cash dividend amounts to 25,217,600.00 RMB, which is 100% of the profit distribution total[144]. - The company plans to distribute a cash dividend of 1 RMB per 10 shares, based on a total share capital of 252,176,000 shares as of the end of the reporting period[144]. - The company has established a clear profit distribution policy, detailing conditions and proportions for cash dividends[159]. - The company has committed to ensuring that investors' rights are protected in case of any false statements in the prospectus[175]. Employee Management and Development - The company emphasizes talent development and aims to build a comprehensive talent pool to support sustainable growth[102]. - The company conducts regular training programs to enhance employee skills, including both internal and external training sessions[141]. - The total number of employees at the end of the reporting period was 557, with 539 in the parent company and 18 in major subsidiaries[139]. - The employee composition includes 379 production personnel, 26 sales personnel, 92 technical personnel, 10 financial personnel, and 50 administrative personnel[139]. Compliance and Risk Management - The company has implemented effective internal control measures to prevent fund misappropriation and enhance risk management[149]. - The management performance evaluation mechanism is directly linked to their compensation, ensuring accountability and performance improvement[148]. - The company emphasizes strict compliance with laws and regulations to protect shareholder and creditor rights, ensuring timely and accurate information disclosure[159]. - The company has organized compliance training for management and employees to improve governance and risk awareness[150].

华辰精密装备（昆山）股份有限公司 2023 年第一季度报告 证券代码：300809 证券简称：华辰装备 公告编号：2023-034 华辰精密装备（昆山）股份有限公司 2023 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 1 华辰精密装备（昆山）股份有限公司 2023 年第一季度报告 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） | 102,763,487.96 | 86,173,629.26 | 19.25% | | 归属于上市公司股 ...

华辰精密装备（昆山）股份有限公司 关于举办 2022 年度网上业绩说明会的公告 公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 重要内容提示： 会议问题征集：投资者可于 2023 年 05 月 05 日 前 访 问 网 址 https://eseb.cn/13Fy50wYGVG 或使用微信扫描下方小程序码进行会前提问，公司将 通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问题进行回答。 华辰精密装备（昆山）股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日在巨潮资讯网上披露了《2022 年年度报告及摘要》。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 05 日（星期五）15:00-17:00 在"价值在线"（www.ir-online.cn）举办华辰精密装备（昆 山）股份有限公司 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 会议召开时间：2023 年 05 月 05 日（星期五）15:00-17:00 证 ...

Revenue and Profit - Revenue for Q3 2022 was ¥85,319,962.61, an increase of 13.66% compared to the same period last year[5] - Net profit attributable to shareholders was -¥5,444,705.22, a decrease of 157.54% year-on-year[5] - Net profit excluding non-recurring items was -¥11,880,718.82, a decline of 498.16% compared to the previous year[5] - Total operating revenue for the current period was ¥241,357,401.17, a decrease of 26.1% compared to ¥326,280,671.62 in the previous period[24] - Net profit attributable to shareholders of the parent company was ¥21,977,735.21, down 70.0% from ¥73,306,340.51 in the previous period[27] - Other comprehensive income after tax attributable to shareholders of the parent company was -¥18,376,046.66, indicating a negative shift from the previous period[27] - Total comprehensive income attributable to the parent company was 3,601,688.55, compared to 73,306,340.51 in the previous period[29] - Basic and diluted earnings per share were both 0.14, down from 0.47 in the previous period[29] Cash Flow - Cash flow from operating activities was ¥9,133,557.20, down 85.63% year-on-year[5] - Cash inflow from operating activities totaled 319,621,114.32, a decrease from 347,855,884.30 in the previous period[30] - Net cash flow from operating activities was 9,133,557.20, significantly lower than 63,555,500.31 in the previous period[32] - Cash inflow from investment activities was 1,206,618,794.09, compared to 1,053,949,541.78 in the previous period[32] - Net cash flow from investment activities increased to 337,975,163.38 from 101,262,583.27 in the previous period[32] - Cash and cash equivalents at the end of the period reached 549,506,013.92, up from 311,737,053.72 in the previous period[32] - The company reported a net increase in cash and cash equivalents of 318,377,599.29, compared to 81,958,803.58 in the previous period[32] - Total cash outflow from financing activities was 32,678,447.61, compared to 82,599,067.43 in the previous period[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,969,706,429.16, an increase of 3.78% from the end of the previous year[5] - Total assets amounted to ¥1,969,706,429.16, an increase from ¥1,897,923,258.19[23] - Total liabilities rose to ¥532,280,426.63, compared to ¥449,121,602.74 in the previous period, marking an increase of 18.5%[23] - The company’s total liabilities increased by 64.23% in accounts payable due to an increase in sales orders[10] - The company reported a significant increase in accounts payable, rising to ¥87,398,861.23 from ¥53,217,597.66, an increase of 64.1%[23] - Deferred income tax liabilities increased to ¥1,943,100.00 from ¥1,413,000.00, reflecting a growth of 37.5%[23] Shareholder Information - Shareholders' equity attributable to the parent company was ¥1,426,255,467.38, a decrease of 1.20% from the previous year[5] - The total number of common shareholders at the end of the reporting period is 23,651[13] - The top three shareholders, Cao Yuzhong, Zhao Zeming, and Liu Xiangxiong, each hold approximately 23.27%, 23.26%, and 23.26% of shares, respectively[13] - The total number of restricted shares at the beginning of the period was 111,199,250, with 66,719,700 shares added during the period, resulting in a total of 177,918,950 restricted shares at the end[16] - The company plans to release restricted shares on December 5, 2022, for major shareholders[16] - The total number of priority shareholders is not applicable, indicating no priority shares were reported[14] - The company has not disclosed any related party relationships among the top shareholders beyond the known agreement among the top three shareholders[13] Research and Development - R&D expenses increased by 33.61% to ¥21,905,318.89 compared to the same period last year[10] - Research and development expenses increased to ¥21,905,318.89, up 33.9% from ¥16,394,697.06[27] Other Information - Cash and cash equivalents as of September 30, 2022, amounted to ¥549,506,013.92, an increase from ¥231,128,414.63 at the beginning of the year[17] - Trading financial assets decreased from ¥806,302,925.06 at the beginning of the year to ¥400,371,795.38 by September 30, 2022[17] - Accounts receivable as of September 30, 2022, were ¥111,710,459.38, slightly down from ¥118,714,451.58 at the beginning of the year[17] - The company has a significant number of pledged shares, with Cao Yuzhong pledging 4,480,000 shares[13] - The third quarter report was not audited[34]

Financial Performance - The company's operating revenue for the reporting period was ¥156,037,438.56, a decrease of 37.89% compared to the same period last year[35]. - The net profit attributable to shareholders was ¥27,422,440.43, down 57.05% year-on-year[35]. - The net profit after deducting non-recurring gains and losses was ¥19,154,646.51, a decline of 65.90% compared to the previous year[35]. - The net cash flow from operating activities increased by 58.04% to ¥33,844,015.47[35]. - The total assets at the end of the reporting period were ¥1,962,515,735.02, reflecting a growth of 3.40% from the end of the previous year[35]. - The company's operating revenue for the first half of 2022 was ¥156,037,438.56, a decrease of 37.89% compared to ¥251,212,834.85 in the same period last year[68]. - Operating costs decreased by 35.22% to ¥97,446,118.70 from ¥150,419,203.71, primarily due to extended production and delivery cycles caused by the pandemic[68]. - Research and development expenses increased by 15.75% to ¥12,393,664.86 from ¥10,706,939.44, indicating a focus on innovation[68]. - The net cash flow from operating activities rose by 58.04% to ¥33,844,015.47 from ¥21,415,060.42, attributed to increased cash income from bank acceptance bill discounts[68]. - The net increase in cash and cash equivalents was ¥380,941,801.99, a significant rise of 7,721.47% compared to ¥4,870,463.98 in the previous year[68]. Market and Competitive Landscape - The competitive landscape in the equipment manufacturing industry is intensifying, with potential risks to market position if the company fails to adapt to new product and technology developments[6]. - There is a risk of declining product prices and gross margins due to increased competition, which could impact future profitability[10]. - The company is facing risks related to the delayed delivery of certain functional components due to increased global demand and supply chain constraints[12]. - The company emphasizes the importance of talent retention amidst rising labor costs and intense competition for skilled personnel in the high-end equipment manufacturing sector[11]. - The overall demand for the company’s products is closely linked to the macroeconomic environment, with a focus on high-precision CNC roller grinding machines across various industries[57]. Research and Development - The R&D team consists of 95 professionals, with over 70% holding bachelor's degrees or higher, and the company holds 79 patents, including 33 invention patents, showcasing its innovation capabilities[57]. - The company emphasizes R&D-driven innovation, focusing on core technologies in high-precision CNC grinding equipment, achieving international leading levels in precision indicators[61]. - The new product, the μ precision composite grinding center, can achieve a roundness value of 0.2μm and is aimed at high-precision component processing in aerospace, automotive, and precision equipment sectors[64]. - The company has developed an intelligent CNC system with complete independent intellectual property rights, breaking the reliance on foreign systems and ensuring delivery stability amid global supply chain disruptions[65]. - The company aims to enhance its R&D capabilities and increase the proportion of self-developed products to improve profitability[91]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares, indicating a focus on reinvestment[13]. - The company is committed to expanding its market influence while ensuring reasonable profit margins through industry innovation and service enhancements[10]. - The company is committed to responding to national policies on "import substitution" and plans to expand its grinding applications in manufacturing[43]. - The company has developed a comprehensive solution service model for grinding applications to help customers reduce costs and increase efficiency[43]. - The company is expanding its market presence by offering complete turnkey engineering solutions, integrating product selection, process design, and operational maintenance services[65]. Talent and Employee Engagement - The company has established a talent development model based on qualification and value assessment, ensuring a stable and motivated workforce for future growth[60]. - The company has implemented a comprehensive employee welfare system, including various benefits and cultural activities to enhance employee engagement[121]. - The company is implementing measures to attract and retain talent amid rising labor costs and competition in the high-end equipment manufacturing sector[104]. Corporate Governance and Compliance - The financial report is guaranteed to be true, accurate, and complete by the company's management, ensuring accountability[5]. - The company maintained a 100% response rate to investor inquiries, ensuring transparent communication with shareholders[118]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[117]. - The company has not reported any major litigation or arbitration matters during the reporting period[129]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[125]. Shareholder Information - The total number of shares increased from 156,920,000 to 157,610,000 due to the vesting of 690,000 restricted shares, resulting in a diluted earnings per share of 0.4859 RMB based on the report period's share count[158]. - The largest shareholder, Cao Yuzhong, holds 23.27% of the shares, totaling 36,670,000 shares, with 2,800,000 shares pledged[163]. - The total number of shareholders at the end of the reporting period was 24,409, with 5% holding 1,455,000 shares[163]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[169]. - The report indicates that there were no preferred shares issued during the reporting period[172].

Financial Performance - The company's operating revenue for 2021 was CNY 409,455,130.85, representing a 77.53% increase compared to CNY 230,639,809.66 in 2020[29]. - The net profit attributable to shareholders for 2021 was CNY 76,575,942.23, a significant increase of 128.29% from CNY 33,543,528.02 in 2020[29]. - The net profit after deducting non-recurring gains and losses was CNY 45,609,885.22, up 187.94% from CNY 15,840,002.37 in 2020[29]. - The company's total assets at the end of 2021 were CNY 1,897,923,258.19, a 1.19% increase from CNY 1,875,583,801.32 at the end of 2020[29]. - The basic earnings per share for 2021 was CNY 0.49, reflecting a 133.33% increase from CNY 0.21 in 2020[29]. - The company reported a net cash flow from operating activities of CNY 44,528,928.44, a decrease of 54.93% compared to CNY 98,795,013.51 in 2020[29]. - The company received government subsidies amounting to CNY 11,847,604.19 in 2021, compared to CNY 4,226,950.94 in 2019[34]. - The weighted average return on net assets for 2021 was 5.40%, an increase from 2.42% in 2020[29]. - The company achieved operating revenue of 409.45 million yuan in 2021, a year-on-year increase of 77.53%[68]. - The net profit attributable to shareholders was 76.58 million yuan, representing a year-on-year growth of 128.29%[68]. Dividend and Share Capital - The company plans to distribute a cash dividend of RMB 2 per 10 shares, totaling approximately RMB 31.38 million based on a total share capital of 156,920,000 shares as of December 31, 2021[9]. - The company will increase its total share capital to 251,072,000 shares by issuing 6 additional shares for every 10 shares held, based on the same total share capital as of December 31, 2021[10]. Market and Competitive Landscape - The company is experiencing a risk of declining product prices and gross margins due to intensified market competition, which could impact future profitability[7]. - The company acknowledges the risk of talent loss as competition for skilled personnel in the high-end equipment manufacturing industry intensifies, leading to increased labor costs[8]. - The company emphasizes the importance of adapting to rapid market changes in new product and technology development to maintain its competitive position[4]. - The company is focused on expanding its business scale and market influence while ensuring reasonable profit margins through industry innovation and sales service[7]. - The CNC machine tool industry in China is expected to reach a market size of 405.6 billion yuan by 2025, indicating strong growth potential[42]. Research and Development - The company has invested in advanced production equipment and smart factory construction, achieving international advanced levels in processing precision[63]. - The company has a technical R&D team of 90 members, with over 70% holding bachelor's degrees and 11 having master's or doctoral degrees[66]. - The company has accumulated 74 patents and 8 software copyrights, with 30 invention patents and 43 utility model patents[67]. - The company is developing an intelligent scheduling model for mixed operation production lines, aiming to enhance scheduling efficiency[91]. - The company invested CNY 29,229,418.81 in R&D in 2021, representing 7.14% of its operating revenue[95]. Operational Challenges - The company faces risks related to accounts receivable collection due to the increasing balance as business scales up, which may lead to cash flow issues if market conditions change significantly[5]. - The company is at risk of delayed delivery of certain functional components due to global supply chain constraints, which may affect timely product delivery[9]. - The company has implemented measures to manage accounts receivable risks, including credit management and timely collection strategies[127]. Talent Management - The company recognizes the importance of talent retention and plans to enhance employee benefits and create opportunities for professional development to mitigate talent loss risks[127]. - The company has focused on enhancing its talent pool, particularly in R&D, to meet future business development needs[71]. - The total number of employees at the end of the reporting period was 528, with 352 in production, 90 in technology, and 28 in sales[170]. Governance and Compliance - The company maintained a governance structure compliant with relevant laws and regulations, ensuring clear responsibilities among its governing bodies[135]. - The company reported that its board of directors and supervisory board operated in accordance with established rules, with no violations of laws or regulations noted[132]. - The company has established a compensation mechanism linking salaries to performance, aimed at attracting and retaining talent[136]. Future Outlook - The company plans to expand its domestic market, which is expected to exceed CNY 570 billion[41]. - The company aims to leverage its competitive advantages to continuously upgrade existing products and launch new products, striving to become a world-leading grinding service provider[72]. - Future outlook remains cautiously optimistic, with plans to adapt to market changes and leverage new opportunities[145].

Financial Performance - The company's operating revenue for Q1 2022 was ¥86,173,629.26, a decrease of 31.09% compared to ¥125,054,677.14 in the same period last year[2] - The net profit attributable to shareholders was ¥23,786,009.85, down 25.01% from ¥31,719,190.15 year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥18,271,542.92, a decline of 40.75% compared to ¥30,840,443.86 in the previous year[2] - Total operating costs for Q1 2022 were CNY 65,375,898.16, down 24.0% from CNY 85,965,991.63 year-over-year[58] - Net profit for Q1 2022 was CNY 25,432,627.11, a decline of 19.5% compared to CNY 31,761,437.95 in Q1 2021[61] - The net profit attributable to the parent company was CNY 23,786,009.85, a decrease from CNY 31,719,190.15 in the previous period, representing a decline of approximately 25.5%[65] - The total comprehensive income attributable to the parent company was CNY 23,786,009.85, down from CNY 31,719,190.15, indicating a decrease of about 25.5%[65] - Basic and diluted earnings per share were both CNY 0.15, compared to CNY 0.20 in the previous period, reflecting a decrease of 25%[65] Cash Flow - The net cash flow from operating activities was -¥14,090,489.97, a significant decrease of 1,836.04% from -¥727,800.58 in the same period last year[2] - Cash inflows from operating activities totaled CNY 93,679,847.71, an increase from CNY 81,885,358.98, marking a growth of approximately 14.5%[68] - Cash outflows from operating activities amounted to CNY 107,770,337.68, compared to CNY 82,613,159.56 in the previous period, representing an increase of about 30.5%[68] - The net cash flow from operating activities was negative at CNY -14,090,489.97, worsening from CNY -727,800.58 in the previous period[68] - Cash inflows from investing activities were CNY 371,672,685.49, significantly higher than CNY 178,147,724.66, indicating an increase of approximately 108.5%[70] - The net cash flow from investing activities was CNY 204,734,925.07, a substantial improvement from CNY -39,112,956.13 in the previous period[70] - The net increase in cash and cash equivalents was CNY 190,040,010.45, compared to a decrease of CNY -40,673,614.14 in the previous period[70] - The ending balance of cash and cash equivalents was CNY 421,168,425.08, up from CNY 189,104,636.00 in the previous period[70] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,948,034,960.89, an increase of 2.64% from ¥1,897,923,258.19 at the end of the previous year[2] - The company's total assets increased to CNY 1,948,034,960.89, up from CNY 1,897,923,258.19 at the end of the previous period, reflecting a growth of 2.6%[51] - Non-current liabilities totaled CNY 67,085,358.97, an increase from CNY 65,943,838.57 in the previous period[34] - The company's total liabilities amounted to CNY 472,026,113.07, compared to CNY 449,121,602.74 in the previous period, indicating a slight increase in leverage[35] - Deferred income tax assets were reported at CNY 24,003,412.84, a slight decrease from CNY 24,300,998.12, suggesting stable tax planning strategies[51] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,353[9] - The top three shareholders, Cao Yuzhong, Liu Xiangxiong, and Zhao Zeming, each hold 23.37% of the shares, totaling 36,670,000 shares[9] - The company has not disclosed any related party relationships among the top shareholders, except for the agreement among Cao Yuzhong, Liu Xiangxiong, and Zhao Zeming as acting in concert[14] Management and Strategy - The company plans to use up to RMB 41.7 million of idle raised funds for cash management, focusing on low-risk investment products[17] - The company also intends to use up to RMB 70 million of idle self-owned funds for purchasing low-risk non-principal guaranteed financial products[17] - The company has made changes to its board of directors, including the appointment of a new independent director and adjustments to committee memberships[15] Operational Metrics - The company's cash and cash equivalents increased by 82.22% to ¥421,168,425.08 from ¥231,128,414.63 at the end of the previous year[5] - The company's investment income rose by 297.19% to ¥2,572,685.49 compared to ¥647,724.66 in the previous year[8] - The fair value gains on financial assets increased by 1,173.37% to ¥3,331,873.20 from ¥261,657.06 year-on-year[8] - The company's management expenses increased by 56.37% to ¥5,705,754.43 from ¥3,648,983.15 in the previous year[8] - The company received government subsidies amounting to ¥618,215.02, an increase of 89.03% compared to ¥327,054.12 in the same period last year[8] - The total current assets at the end of the reporting period amount to RMB 1,645,185,446.98, compared to RMB 1,618,863,963.94 at the beginning of the year, reflecting an increase[18] - Cash and cash equivalents increased from RMB 231,128,414.63 at the beginning of the year to RMB 421,168,425.08 at the end of the reporting period[18] - The company's inventory increased from RMB 274,054,346.75 to RMB 305,843,175.04 during the reporting period[18] - The accounts receivable decreased from RMB 118,714,451.58 to RMB 110,572,365.80[18] - The company reported a significant increase in construction in progress, rising to CNY 45,031,295.48 from CNY 8,136,751.05, indicating ongoing expansion efforts[51] - Research and development expenses for Q1 2022 were CNY 5,361,903.22, up from CNY 4,891,492.74, reflecting a commitment to innovation[61]

华辰精密装备(昆山)股份有限公司 2021年第三季度报告 □ 是 √ 否 证券代码:300809 证券简称:华辰装备 公告编号: 2021-075 华辰精密装备 2021 年 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 公司是否需追溯调整或至述以前年度会计数据 本报告期比上年同期 年初至报告期末比上 | --- | --- | --- | --- | --- | |----------------------------------------------------|------------------|------------------|----------------------- ...

Financial Performance - The company reported a revenue of RMB 500 million for the first half of 2021, representing a year-on-year increase of 20% compared to the same period in 2020[22]. - The gross profit margin improved to 35%, up from 30% in the previous year, indicating better cost management and pricing strategies[22]. - The company achieved operating revenue of ¥251,212,834.85, an increase of 503.48% compared to the same period last year[39]. - Net profit attributable to shareholders reached ¥63,843,690.34, a significant increase of 794.38% year-on-year[39]. - The net profit after deducting non-recurring gains and losses was ¥56,172,232.28, reflecting an increase of 856.56% compared to the previous year[39]. - The basic earnings per share was ¥0.41, up 794.92% from a loss of ¥0.055 in the same period last year[39]. - Revenue from fully automatic CNC roller grinding machines reached ¥193,841,966.46, a 657.91% increase year-on-year, with a gross margin of 39.73%[53]. - Revenue from maintenance and renovation services was ¥36,579,444.40, a 259.71% increase year-on-year, with a gross margin of 39.28%[53]. Market Expansion and Product Development - User data showed an increase in active clients by 15%, reaching a total of 1,200 clients as of June 30, 2021[22]. - The company plans to launch two new products in Q4 2021, which are expected to contribute an additional RMB 100 million in revenue[22]. - Future outlook includes a revenue growth target of 25% for the full year 2021, driven by market expansion and new product launches[22]. - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by the end of 2022[22]. - The company aims to transition into a high-end grinding application solution provider, responding to the increasing market demand for quality and efficiency in metal processing[39]. - The company is focused on expanding its market presence internationally, exporting products to countries such as Thailand, India, and Uzbekistan[39]. Research and Development - R&D expenses increased by 10% to RMB 50 million, reflecting the company's commitment to innovation and product development[22]. - Research and development investment increased by 30.28% to ¥10,706,939.44 from ¥8,218,561.63, indicating the company's commitment to innovation[51]. - The company has established a joint research center with Tsinghua University to focus on intelligent grinding technology, aiming to address critical technological challenges in precision grinding equipment[42]. - The company is committed to technological innovation and has established partnerships with Tsinghua University and Zhejiang University for ongoing research and development[40]. - The company plans to enhance its R&D investment to maintain a leading position in key technologies and ensure core competitiveness in products[79]. Financial Management and Cash Flow - The company reported a net cash flow from operating activities of ¥21,415,060.42, a decrease of 53.43% compared to the previous year[39]. - The net cash flow from investing activities increased by 171.01% to ¥66,628,489.58, mainly due to an increase in the redemption of structured deposits during the reporting period[53]. - The net cash flow from financing activities decreased by 485.11% to -¥82,912,873.45, primarily due to the repayment of current capital loans[53]. - The net increase in cash and cash equivalents was ¥4,870,463.98, a 118.93% increase compared to the previous year, attributed to various factors including the redemption of structured deposits[53]. - The company's total assets included cash and cash equivalents of ¥234,648,714.12, representing 12.66% of total assets[56]. Risk Management - The company has identified key risks including supply chain disruptions and market competition, with strategies in place to mitigate these risks[22]. - The company is facing risks from intensified market competition and is committed to continuous innovation in technology, products, and management to stabilize its gross profit margin[80]. - The company has identified accounts receivable recovery risks due to increasing balances, despite strong credit conditions among major clients[82]. - The company plans to implement targeted measures to manage accounts receivable risks, including setting repayment plans and increasing collection efforts on overdue accounts[82]. - The company is facing talent retention risks due to rising labor costs and competition in the high-end equipment manufacturing sector[83]. - To mitigate talent loss, the company will enhance employee benefits and create opportunities for learning and development, including stock incentive plans[83]. Corporate Governance and Compliance - The company emphasizes strict adherence to laws and regulations for timely and accurate information disclosure, ensuring equal access for all shareholders and investors[95]. - The company has established a stable and scientific dividend policy, aligning with the requirements of the China Securities Regulatory Commission regarding cash dividends[95]. - The company has signed labor contracts with all employees and provides various social insurances, ensuring employee rights are respected and maintained[95]. - The company has maintained a transparent communication strategy with investors through multiple channels, enhancing corporate transparency[95]. - The company has not encountered any significant changes in the feasibility of its investment projects or any unanticipated risks related to its fundraising activities[72]. Shareholder Information - The company held its first extraordinary shareholders' meeting on April 22, 2021, with a participation rate of 71.38%[87]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[89]. - A stock incentive plan was approved, involving the grant of up to 2.33 million shares at a price of 7.89 CNY per share to 43 participants[91]. - The total number of ordinary shareholders at the end of the reporting period was 10,768, with no preferred shareholders[200]. - The company reported a total share count of 156,920,000, with 71.01% being restricted shares and 28.99% being unrestricted shares[197].

Financial Performance - The company reported a revenue of RMB 300 million for the first half of 2021, representing a year-on-year increase of 15% compared to the same period in 2020[19]. - The gross profit margin for the first half of 2021 was 35%, an increase of 5 percentage points from the previous year[19]. - The company has set a revenue target of RMB 600 million for the full year 2021, which would represent a growth of 10% compared to 2020[19]. - The company reported a revenue of ¥251,212,834.85, representing a 503.48% increase compared to the same period last year[28]. - Net profit attributable to shareholders reached ¥63,843,690.34, a significant increase of 794.38% year-over-year[28]. - The net profit after deducting non-recurring gains and losses was ¥56,172,232.28, reflecting an 856.56% increase compared to the previous year[28]. - The company's basic and diluted earnings per share were both ¥0.41, marking a 794.92% increase from the same period last year[28]. - Operating revenue for the current period reached ¥251,212,834.85, a significant increase of 503.48% compared to ¥41,627,326.42 in the same period last year, primarily due to the recovery from pandemic-related disruptions[50]. - Operating profit for the first half of 2021 was ¥76.29 million, compared to a loss of ¥11.76 million in the first half of 2020, indicating a turnaround in profitability[169]. - Net profit for the first half of 2021 was ¥66.10 million, a substantial improvement from a net loss of ¥9.14 million in the same period of 2020[171]. Research and Development - The company plans to invest RMB 50 million in research and development for new product lines in the next fiscal year[19]. - Research and development investment increased by 30.28% to ¥10,706,939.44 from ¥8,218,561.63, indicating the company's commitment to innovation[50]. - The company has established a joint research center with Tsinghua University to focus on intelligent grinding technology, aiming to address critical technological challenges in precision grinding equipment[41]. - The company aims to expand its grinding application solutions and respond to national policies on import substitution, leveraging over 10 years of R&D experience[38]. - The company plans to continue increasing investment in core technology and product R&D to maintain stable gross profit margins[79]. Market Expansion - The company is expanding its market presence in Southeast Asia, with plans to establish a new office in Singapore by the end of 2021[19]. - The company has completed the acquisition of a local competitor for RMB 80 million, which is expected to enhance its market share[19]. - The company is positioned in a growing industry, with increasing demand for high-end CNC roll grinding machines driven by the upgrading of downstream industries[42]. - The company aims to expand its marketing range while consolidating its existing market share to establish partnerships with quality clients domestically and internationally[77]. Financial Management - The company will not distribute cash dividends for the fiscal year 2021, opting to reinvest profits into business growth[19]. - The company has a cash management balance of CNY 39,000 million as of June 30, 2021, indicating effective management of raised funds[67]. - The company has implemented a stable and scientific dividend policy to ensure reasonable returns for shareholders while considering sustainable development[93]. - The company has maintained transparency and integrity in its information disclosure practices[93]. Operational Efficiency - The company is focusing on enhancing its ERP and MES systems to improve operational efficiency and reduce costs by 10% in the next year[19]. - The company has implemented various management systems, including ERP and MES, to support technological innovation and high-quality development[41]. - The company emphasizes the importance of maintaining a healthy cash flow and has established performance indicators for sales teams related to accounts receivable[80]. Risks and Challenges - The company has identified potential risks including supply chain disruptions and has implemented measures to mitigate these risks[19]. - The company is aware of potential risks in expanding new products and overseas markets due to local political and economic changes[77]. - The company has observed a downward trend in the prices of CNC roller grinding machines, which may impact future profitability if competition intensifies[78]. - The company is facing talent retention risks due to rising labor costs and competition in the high-end equipment manufacturing sector[81]. Shareholder Information - The total number of shares is 156,920,000, with 71.01% being restricted shares and 28.99% being unrestricted shares[128]. - Major shareholders include Cao Yuzhong, Zhao Zeming, and Liu Xiangxiong, each holding 23.37% of the shares, totaling 36,670,000 shares[132]. - The company has not implemented any share buyback programs or other significant share changes[130]. - The company did not issue any preferred shares during the reporting period[146]. Cash Flow and Investments - The net cash flow from operating activities decreased by 53.43% to ¥21,415,060.42 compared to the same period last year, primarily due to an increase in cash income from bank acceptance bill discounts in the previous year[52]. - The net cash flow from investing activities increased by 171.01% to ¥66,628,489.58, mainly due to an increase in the redemption of structured deposits during the reporting period[52]. - The total cash inflow from financing activities was 50,000,000.00 CNY, while the cash outflow was 82,275,205.57 CNY, resulting in a net cash flow of -82,275,205.57 CNY compared to a positive net cash flow of 20,979,445.89 CNY in the previous period[186]. Compliance and Governance - The company has not faced any environmental penalties and adheres to strict environmental protection regulations[92]. - There were no significant lawsuits or arbitration matters during the reporting period[102]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[97]. - The half-year financial report has not been audited[99].