证券代码：300817 证券简称：双飞股份 公告编号：2023-050 浙江双飞无油轴承股份有限公司 2023 年半年度募集资金存放与实际使用情况的专项报告 本公司及监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。 根据《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求（2022 年修订）》和《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 （2022 年）》有关规定，现将本公司 2023 年半年度募集资金存放与使用情况说明如下： 一、募集资金基本情况 （二）募集资金使用情况及结余情况 1、募集资金以前年度使用情况 2020-2022 年度，本公司募集资金使用情况为：以募集资金直接投入募投项目 26838.91 万元。截至 2022 年 12 月 31 日，本公司募集资金累计直接投入募投项目 26838.91 万元。 2、本年度使用金额及当前余额 截止 2023 年 6 月 30 日，本公司 2023 年 1-6 月募集资金使用情况为：2692.68 万元。 截至 2023 年 6 月 30 日，本公司募集资金累计直接投入募投项目 ...

根据《公司法》和《公司章程》有关规定，浙江双飞无油轴承股份有限公司（以下 简称"公司"）第四届董事会第二十一次会议决定于2023年9月6日召开公司2023年第一次 临时股东大会,现将相关事宜通知如下: 一、召开会议的基本情况 证券代码：300817 证券简称：双飞股份 公告编号：2023-044 浙江双飞无油轴承股份有限公司 关于召开2023年第一次临时股东大会的通知公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性 陈述或者重大遗漏。 1、会议届次: 2023年第一次临时股东大会 2、会议召集人:公司第四届董事会 3、会议召开的合法、合规性: 根据公司第四届董事会第二十一次会议之决议，本次 股东大会会议召开符合有关法律、行政法规、部门规章、规范性文件和公司章程相关规 定和要求。 4、会议的召开方式: 采取现场投票和网络投票相结合的方式 5、会议召开时间: 现场会议召开时间：2023年9月6日(星期三)下午13:00 网络投票日期和时间：2023年9月6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2023年9月6日9:15-9:25，9:30-11:30，13:00 ...

证券代码：300817 证券简称：双飞股份 公告编号：2023-034 浙江双飞无油轴承股份有限公司 关于监事会换届选举的提示性公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 浙江双飞无油轴承股份有限公司（以下简称"公司"）第四届监事会任期即将届满。 为了顺利完成本次监事会的换届选举工作（以下简称"本次换届选举"），公司监事会 依据《公司法》、《公司章程》的相关规定，将第五届监事会的组成、监事候选人的提 名、本次换届选举的程序、监事候选人任职资格等事项公告如下： 一、第五届监事会的组成 第五届监事会将由3名监事组成，其中股东代表监事2名，职工代表监事1名。监事 任期自相关股东大会选举通过之日起计算，任期三年。监事任期届满，可连选连任。 二、选举方式 本次换届选举采用累积投票制，即股东大会选举股东代表监事时，每一股份拥有 与拟选股东代表监事人数相同的表决权，股东拥有的表决权可以集中使用，也可以分 开使用。 三、监事候选人的提名 公司监事会及截止本公告发布之日单独或合并持有公司有表决权股份总数3%以上 的股东有权向第四届监事会书面提名公司第五届监事会的股东代表 ...

证券代码：300817 证券简称：双飞股份 公告编号：2023-033 浙江双飞无油轴承股份有限公司 关于董事会换届选举的提示性公告 （一）非独立董事候选人的提名 公司董事会及截至本公告发布之日单独或合并持有公司有表决权股份总数3%以上 的股东有权向第四届董事会书面提名第五届董事会非独立董事候选人（董事候选人提名 表见附件），单个提名人提名的人数不得超过本次拟选非独立董事人数。 （二）独立董事候选人的提名 董事会、监事会及截至本公告发布之日单独或者合并持有公司已发行股份1%以上的 股东有权向第四届董事会书面提名第五届董事会独立董事候选人，单个提名人提名的人 数不得超过本次拟选独立董事人数。 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈述 或者重大遗漏。 浙江双飞无油轴承股份有限公司（以下简称"公司"）第四届董事会任期即将届满。 为了顺利完成本次董事会的换届选举工作（以下简称"本次换届选举"），公司董事会依 据《公司法》、《公司章程》的相关规定，将第五届董事会的组成、董事候选人的提名、 本次换届选举的程序、董事候选人任职资格等事项公告如下： 一、第五届董事会的组成 第五届董事会将 ...

Financial Performance - The company's revenue for Q1 2023 was ¥180,562,292.97, a decrease of 6.76% compared to ¥193,662,305.73 in the same period last year[5] - Net profit attributable to shareholders was ¥11,438,482.52, down 31.82% from ¥16,777,810.18 year-on-year[5] - The total profit decreased by 38.84% to ¥11,528,753.03 from ¥18,848,765.09 in the same period last year[10] - Operating profit for Q1 2023 was CNY 11,789,473.03, a decline of 38.2% from CNY 19,109,827.86 in Q1 2022[21] - The net profit for Q1 2023 is CNY 10,850,506.78, a decrease of 38.4% compared to CNY 17,501,687.11 in Q1 2022[22] - The basic and diluted earnings per share for Q1 2023 are both CNY 0.08, compared to CNY 0.12 in Q1 2022, reflecting a 33.3% decrease[22] Cash Flow - The net cash flow from operating activities was ¥812,422.84, a significant decline of 92.15% compared to ¥10,351,833.40 in the previous year[5] - Cash flow from operating activities for Q1 2023 is CNY 812,422.84, significantly lower than CNY 10,351,833.40 in Q1 2022, indicating a decline of 92.2%[25] - The net cash flow from investing activities was negative at -¥47,626,301.51, primarily due to increased cash payments for the acquisition of a new subsidiary[10] - Cash flow from investing activities shows a net outflow of CNY 47,626,301.51 in Q1 2023, compared to a net inflow of CNY 7,487,100.40 in Q1 2022[25] - Cash flow from financing activities for Q1 2023 is a net inflow of CNY 13,159,870.00, an increase from CNY 9,017,112.47 in Q1 2022[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,296,106,905.04, reflecting a 2.19% increase from ¥1,268,305,968.44 at the end of the previous year[5] - Total liabilities increased to CNY 254,393,622.20 from CNY 243,433,503.04, marking an increase of 4.0%[19] - The company's total assets reached CNY 1,296,106,905.04, up from CNY 1,268,305,968.44, indicating a growth of 2.2%[19] Shareholder Structure - The company reported a total of 95,212,800 shares with restricted sales, with 32,486,400 shares released during the period, leaving 62,726,400 shares still restricted[15] - The largest shareholder, Zhou Yin Chun, holds 41.74% of the shares, totaling 45,554,400 shares[13] - The top ten shareholders include several investment management firms, with significant holdings such as 8,812,800 shares by Jia Shan Shun Fei Investment Management Co., Ltd.[13] - The company has a high concentration of ownership, with the top three shareholders holding over 53% of the total shares[13] - The report indicates that the company is focused on maintaining a stable shareholding structure while exploring strategic acquisitions[16] - The company has a policy that restricts executives from transferring more than 25% of their shares annually, ensuring long-term commitment[15] - The company is actively managing its shareholder structure to align with its strategic goals and enhance shareholder value[16] Operational Metrics - Total operating revenue for Q1 2023 was CNY 180,562,292.97, a decrease of 6.8% compared to CNY 193,662,305.73 in Q1 2022[21] - Total operating costs for Q1 2023 were CNY 170,063,993.03, down from CNY 174,342,870.41 in the same period last year, reflecting a reduction of 2.0%[21] - Cash and cash equivalents at the end of Q1 2023 were CNY 162,237,236.97, down from CNY 196,292,378.37 at the beginning of the year, a decrease of 17.3%[19] - Accounts receivable increased to CNY 229,483,985.32 from CNY 189,874,640.50, representing a rise of 20.9%[19] - Inventory at the end of Q1 2023 was CNY 168,360,753.99, an increase of 20.9% compared to CNY 139,036,199.71 at the beginning of the year[19] - Research and development expenses for Q1 2023 were CNY 12,102,534.15, an increase of 6.6% from CNY 11,354,765.01 in the previous year[21] Strategic Acquisitions - The company signed a letter of intent on February 24, 2023, to acquire over 70% of Zhejiang Savi Technology Co., Ltd., aiming for control and management of the target company[16] - The company plans to leverage synergies in market and technology development with the acquired company[16]

Financial Performance - The company's operating revenue for 2022 was ¥716,183,507.72, a decrease of 21.16% compared to ¥908,425,867.25 in 2021[22]. - The net profit attributable to shareholders for 2022 was ¥61,474,283.54, down 38.72% from ¥100,315,576.26 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥57,349,028.36, a decrease of 37.18% from ¥91,290,917.57 in 2021[22]. - Basic earnings per share for 2022 were ¥0.42, down 39.13% from ¥0.69 in 2021[22]. - Total profit amounted to 65.26 million yuan, down 44.01% year-on-year[40]. - The company reported a net loss from investment activities of ¥104,247,410.18, a decrease of 455.21% compared to the previous year[82]. - The company’s total assets increased, but specific details on asset composition changes were not provided in the report[87]. - The company’s net profit for the year was reported at ¥61,017,900, reflecting the impact of increased depreciation and impairment provisions[83]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY for the fiscal year, representing a year-over-year growth of 15%[191]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the year, representing a growth of 20% compared to the previous year[198]. Cash Flow and Investments - The net cash flow from operating activities increased significantly by 176.56% to ¥157,360,705.08 from ¥56,898,813.14 in 2021[22]. - The company's cash generated from operating activities in 2022 was CNY 10,351,833.40, a decrease from CNY 45,332,571.18 in 2021[25]. - The cash and cash equivalents net increase dropped by 90.50% to ¥11,376,742.98, primarily due to reduced bank loan increases and maturity of financial products[82]. - The company’s cash flow from financing activities showed a net outflow of ¥44,389,466.22, a significant decrease of 225.82% compared to the previous year[82]. - The company has a remaining balance of RMB 57.66 million in raised funds as of December 31, 2022, including net interest from bank deposits[102]. - The company plans to complete the "Increase Production of 13.6 million sliding bearings" project by September 30, 2023, with 85.45% of the investment completed[103]. - The company plans to strictly adhere to legal regulations and the provisions of its articles of association regarding profit distribution after its IPO[193]. Research and Development - The company is committed to enhancing its research and development capabilities to meet the growing performance demands of downstream industries[38]. - The company aims to develop new technologies and products with independent intellectual property rights to drive future growth[39]. - The company is actively researching the replacement of rolling bearings with sliding bearings in the wind power generation sector, leading the industry in technical research[39]. - The company has invested in R&D for new materials and processes in collaboration with a Russian academic team, targeting high-end applications in aerospace and renewable energy sectors[60]. - The company’s R&D investment amounted to ¥44,116,130.36 in 2022, representing 6.16% of total revenue, an increase from 5.67% in 2021[80]. - The company is investing 100 million RMB in R&D for innovative materials to improve product durability[191]. - The company is investing heavily in R&D, with a budget allocation of 100 million yuan for new product development in the upcoming year[199]. Market Position and Strategy - The company is positioned advantageously in the domestic self-lubricating materials bearing industry, focusing on improving material performance and extending product lifespan[39]. - The domestic bearing industry has a significant import substitution market, with an annual import requirement of approximately USD 4 billion[33]. - The company has seen an increase in product exports as its competitiveness in certain product areas improves[34]. - The company plans to focus on specialized production in niche markets to achieve scale effects and improve product positioning[36]. - The company aims to expand its market presence through innovative materials and technologies, enhancing product performance and customer satisfaction[79]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[191]. - The company is considering strategic acquisitions to enhance its product offerings and market presence, with potential targets identified in the industry[199]. Governance and Compliance - The governance structure of the company complies with relevant laws and regulations, ensuring fair treatment of all shareholders and maintaining high governance standards[122]. - The company maintains a strict governance structure, ensuring no interference from controlling shareholders in decision-making processes[124]. - The company emphasizes transparency and timely information disclosure, utilizing multiple channels to communicate with investors[125]. - The company has established a complete production system for self-lubricating bearings, ensuring timely and high-quality supply to downstream manufacturers, which enhances its competitive edge[61]. - The company has established a comprehensive internal control system to ensure accurate financial reporting and compliance[171]. - The company has committed to avoiding and minimizing related party transactions with any economic entities it controls[193]. Employee and Social Responsibility - The company has a clear salary management system that includes basic salary, hourly wage, and year-end bonuses for workshop employees[154]. - The company has established a comprehensive welfare system, including social insurance and housing funds, to protect employees' rights and improve their quality of life[185]. - The company has been recognized as a model worker home and an advanced enterprise for creating harmonious labor relations in Zhejiang Province[182]. - The company actively participates in social welfare initiatives, including scholarships and support for local economic development[186]. - The company emphasizes the importance of employee training and development to align with its strategic goals[156]. - The company has established a comprehensive talent incentive mechanism to enhance team cohesion and overall strength[156]. Environmental Compliance - The company strictly adhered to multiple environmental protection laws and standards during its operations[175]. - The company has implemented strict internal control measures, with no major or important defects reported in the internal control evaluation[171]. - The company has established a comprehensive wastewater treatment facility that meets the Grade 3 standard of the "Comprehensive Wastewater Discharge Standard" (GB8978-1996) for chemical oxygen demand[178]. - The company has continuously increased its investment in environmental governance and protection, complying with the Environmental Protection Law and the Environmental Protection Tax Law[180]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[181].

Financial Performance - Revenue for Q3 2022 was CNY 159,285,528.94, a decrease of 24.92% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 9,949,708.28, down 54.97% year-on-year[5] - Basic earnings per share decreased by 53.33% to CNY 0.0700[5] - The company reported a 54.97% decline in net profit attributable to shareholders for the year-to-date, totaling CNY 46,636,475.74[5] - The net profit for the first three quarters of 2022 was CNY 46,541,926.39, a decrease of 41.30% compared to CNY 79,283,398.47 in the same period of 2021[10] - Operating profit decreased by 43.06% to CNY 51,064,144.24 from CNY 89,687,278.06, primarily due to a decline in operating revenue[10] - Total profit decreased by 43.36% to CNY 50,771,544.74 from CNY 89,638,222.56, mainly due to reduced operating profit[10] - Net profit for Q3 2022 was CNY 46.54 million, a decline of 41.4% from CNY 79.28 million in Q3 2021[22] - The total comprehensive income for the third quarter was CNY 46,541,926.39, a decrease from CNY 79,283,398.47 in the previous year[23] - Basic and diluted earnings per share were both CNY 0.32, down from CNY 0.53 in the same period last year[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,226,910,556.04, an increase of 0.47% from the end of the previous year[5] - The company's total assets as of September 30, 2022, amounted to CNY 1.23 billion, slightly up from CNY 1.22 billion at the beginning of the year[19] - Current assets decreased to CNY 583.57 million from CNY 658.28 million, reflecting a reduction of 11.3%[19] - Non-current assets increased to CNY 643.34 million, up 14.3% from CNY 562.87 million at the start of the year[19] - Total liabilities decreased to CNY 217.09 million from CNY 248.30 million, a reduction of 12.6%[20] - The company's equity attributable to shareholders rose to CNY 975.26 million, compared to CNY 958.01 million at the beginning of the year, an increase of 1.4%[20] Cash Flow - Cash flow from operating activities for the year-to-date increased significantly by 1,990.12% to CNY 108,184,030.33[5] - Cash flow from operating activities for the first nine months of 2022 was CNY 108,184,030.33, a significant increase of 1990.12% compared to CNY 5,175,961.09 in 2021[10] - Cash inflow from operating activities totaled CNY 579,210,572.95, compared to CNY 575,609,156.03 in the prior year[24] - Cash outflow for purchasing goods and services was CNY 306,763,750.59, down from CNY 398,909,940.66 year-over-year[24] - Cash flow from investing activities showed a net outflow of CNY 76,667,280.02, an increase of 317.48% compared to CNY -18,364,350.79 in the previous year[10] - Net cash flow from investing activities was -CNY 76,667,280.02, worsening from -CNY 18,364,350.79 in the previous year[25] - Cash flow from financing activities had a net outflow of CNY 41,056,045.98, a decrease of 188.08% compared to CNY 46,609,909.28 in 2021[10] - Cash flow from financing activities resulted in a net outflow of -CNY 41,056,045.98, compared to a net inflow of CNY 46,609,909.28 in the same period last year[25] - The ending balance of cash and cash equivalents was CNY 174,174,213.25, down from CNY 95,957,068.54 in the previous year[25] - The company received CNY 95,000,000.00 in borrowings during the period, compared to CNY 110,000,000.00 in the previous year[25] Expenses and Investments - Sales expenses decreased by 33.55% to CNY 16,863,481.71, mainly due to a reduction in employee compensation and travel expenses[9] - Research and development expenses for Q3 2022 were CNY 33.40 million, a decrease of 8.2% from CNY 36.37 million in Q3 2021[21] - The company reported an investment loss of CNY 930,609.75 in Q3 2022, contrasting with a gain of CNY 2.78 million in the same period last year[22] - The company reported an increase in asset impairment losses of CNY 3,366,287.96, primarily due to increased inventory write-downs[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,637[12] - The largest shareholder, Zhou Yinchun, holds 41.74% of the shares, totaling 60,739,200 shares[12] Future Plans - The company plans to enhance its market expansion strategies and invest in new product development[10]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥369,069,799.50, a decrease of 21.11% compared to ¥467,802,846.14 in the same period last year[22]. - The net profit attributable to shareholders was ¥36,686,767.46, down 33.01% from ¥54,765,359.57 in the previous year[22]. - Basic and diluted earnings per share decreased to ¥0.25, down 34.21% from ¥0.38 in the previous year[22]. - Total profit amounted to 40.78 million yuan, down 37.28% year-on-year[30]. - The company reported a decrease of 34.51% in net profit after deducting non-recurring gains and losses, amounting to ¥33,876,857.72 compared to ¥51,729,873.95 in the previous year[22]. - The weighted average return on equity decreased to 3.78%, down from 6.05% in the previous year[22]. - The company reported a net profit of 266 million, maintaining the same level as the previous period[178]. - The total comprehensive income for the first half of 2022 was CNY 27,005,647.02, down from CNY 44,315,771.92 in the same period of 2021[166]. Cash Flow and Assets - The net cash flow from operating activities increased significantly to ¥55,684,404.58, compared to a negative cash flow of ¥28,322,651.07 in the same period last year, representing a 296.61% improvement[22]. - Cash and cash equivalents increased by 270.98% to CNY 27,030,582.21, driven by improved cash flow from operating activities[52]. - The total assets at the end of the reporting period were ¥1,236,831,932.08, reflecting a 1.28% increase from ¥1,221,159,536.60 at the end of the previous year[22]. - The company's total liabilities increased to CNY 256,576,458.74 from CNY 248,298,151.11, with current liabilities rising to CNY 248,869,380.99 from CNY 239,981,407.27[155]. - The company's equity attributable to shareholders rose to CNY 965,043,972.02 from CNY 958,006,997.34, indicating a stable equity position[155]. Operational Efficiency - Operating costs decreased by 18.26% to ¥268,387,163.33 from ¥328,326,488.21, mainly attributed to the drop in revenue[46]. - Sales expenses were reduced by 32.94% to ¥11,389,387.46 from ¥16,983,683.25, primarily due to decreases in employee compensation, exhibition fees, travel expenses, and business entertainment costs[46]. - The company reported a significant improvement in operational efficiency, with a 3% reduction in costs compared to the previous period[178]. Research and Development - The company specializes in self-lubricating bearings and composite materials, holding leading core technologies and independent intellectual property rights in the industry[30]. - The company maintains a strong R&D capability and has accumulated several excellent achievements in material research and production management[36]. - Research and development expenses were CNY 22,881,338.16, a slight decrease of 1.65% compared to the previous period[52]. - The company is investing 49 million yuan in new product development, focusing on enhancing technology and innovation[175]. - Research and development expenses accounted for 7.2% of total revenue, emphasizing the company's commitment to innovation[175]. Market Position and Strategy - The company exports its products to over 40 countries and regions, including the USA, Japan, and Germany, receiving widespread acclaim from customers[36]. - The company is focused on expanding its production capabilities and enhancing R&D efforts to support future growth[65]. - The company plans to expand its market presence and invest in new product development to drive future growth[178]. - A strategic acquisition of a smaller competitor is in progress, expected to close by Q3 2022, which will enhance the company's market share by 10%[97]. - The company is exploring potential mergers and acquisitions to further strengthen its market position and diversify its product offerings[176]. Environmental and Social Responsibility - The company has established a comprehensive environmental management system, ensuring compliance with wastewater discharge standards[86]. - The company has implemented measures to reduce carbon emissions and has not faced any environmental violations or penalties during the reporting period[91]. - The company actively engages in social responsibility initiatives, including educational scholarships and support for local community development[93]. - The company emphasizes environmental protection by developing resource-saving and eco-friendly products, with plans to increase R&D efforts in this area[93]. Shareholder and Governance Policies - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company has a clear profit distribution policy, ensuring transparency and fairness in shareholder communications[92]. - The company reported a commitment to not transfer or request the repurchase of shares held prior to the IPO for 12 months post-listing[96]. - The company will strictly adhere to the commitments regarding share transfers, with any proceeds from non-compliance being allocated to the company[96]. - The company has established measures to notify and offer any competitive business opportunities to the issuer immediately[101].

Financial Performance - The company's operating revenue for Q1 2022 was ¥193,662,305.73, a decrease of 16.87% compared to ¥232,953,807.88 in the same period last year[3] - Net profit attributable to shareholders was ¥16,777,810.18, down 34.86% from ¥25,755,204.34 year-on-year[3] - Net profit for Q1 2022 was CNY 17,501,687.11, compared to CNY 26,812,777.79 in the same period last year, representing a decline of approximately 34.5%[24] - Earnings per share for Q1 2022 were CNY 0.14, down from CNY 0.21 in the previous period[25] - Operating costs for Q1 2022 were CNY 174,342,870.41, down from CNY 200,971,922.67 in the previous period[23] Cash Flow - The net cash flow from operating activities increased by 120.05%, reaching ¥10,351,833.40, compared to a negative cash flow of -¥51,634,360.82 in the previous year[3] - Cash inflow from operating activities was CNY 199,905,401.61, an increase from CNY 166,101,459.46 in the previous period[26] - The total cash outflow from operating activities was 189,553,568.21 CNY, compared to 217,735,820.28 CNY in the previous year[27] - The net cash flow from investment activities was 7,487,100.40 CNY, a decrease from 144,765,977.28 CNY in the same period last year[27] - Cash inflow from financing activities totaled 50,000,000.00 CNY, compared to 85,000,000.00 CNY in the previous year[28] - The net cash flow from financing activities was 9,017,112.47 CNY, down from 79,159,666.73 CNY year-over-year[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,237,458,446.36, reflecting a 1.33% increase from ¥1,221,159,536.60 at the end of the previous year[3] - The total liabilities as of Q1 2022 were CNY 246,539,598.63, slightly down from CNY 248,298,151.11 in the previous period[22] - The total equity attributable to shareholders of the parent company was CNY 975,340,582.65, an increase from CNY 958,006,997.34 in the previous period[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,098, with the largest shareholder holding 41.74% of the shares[10] - The company has a significant number of shareholders with over 2% ownership, including Jiaxin Tengfei Investment Management Co., Ltd. at 4.99%[12] - The total number of restricted shares at the end of the period was 79,344,000, with no new restrictions added during the period[15] - The company has a scheduled release of restricted shares for major shareholders on February 18, 2023[14] Investment and Expenses - The company reported a significant decrease in financial expenses by 55.92%, amounting to ¥797,838.82 compared to ¥1,810,169.50 in the previous year[9] - Investment income showed a loss of ¥411,789.33, a decline of 125.66% from a profit of ¥1,604,693.14 in the same period last year[9] - Research and development expenses for Q1 2022 were CNY 11,354,765.01, compared to CNY 10,224,598.37 in the previous period, indicating an increase of approximately 11.1%[23] Other Financial Metrics - The weighted average return on equity decreased to 1.74% from 2.88% in the same period last year[3] - The company reported a total of ¥957,602.35 in non-recurring gains and losses for the period[6] - The company reported a decrease in accounts payable to CNY 62,931,636.05 from CNY 55,622,301.90 in the previous period[22] - Deferred income tax liabilities were CNY 420,293.29, a slight decrease from CNY 434,043.84 in the previous period[22]

Financial Performance - The company's operating revenue for 2021 was ¥908,425,867.25, representing a 45.38% increase compared to ¥624,880,957.71 in 2020[18]. - The net profit attributable to shareholders for 2021 was ¥100,315,576.26, up 34.39% from ¥74,647,426.47 in the previous year[18]. - The net cash flow from operating activities increased significantly by 182.75%, reaching ¥56,898,813.14 compared to ¥20,123,446.79 in 2020[18]. - The basic earnings per share for 2021 was ¥0.83, reflecting a 31.75% increase from ¥0.63 in 2020[18]. - The total assets at the end of 2021 amounted to ¥1,221,159,536.60, a 5.95% increase from ¥1,152,528,851.25 at the end of 2020[18]. - The net assets attributable to shareholders increased by 8.58% to ¥958,006,997.34 at the end of 2021, compared to ¥882,325,896.51 at the end of 2020[18]. - The company reported a weighted average return on equity of 10.93% for 2021, an increase from 9.36% in 2020[18]. - The total profit reached 116.56 million yuan, reflecting a year-on-year growth of 36.18%[31]. - The company achieved operating revenue of 908.43 million yuan, a year-on-year increase of 45.38%[31]. - The company reported a significant increase in net profit to ¥103,456,400.00, reflecting strong operational performance[67]. Revenue Breakdown - Revenue from the manufacturing sector was ¥895,282,859.34, accounting for 98.55% of total revenue, with a year-on-year growth of 46.56%[51]. - Sales of sliding bearings amounted to ¥578,187,624.14, representing 63.65% of total revenue, with a growth of 30.96% year-on-year[49]. - Domestic sales accounted for 81.53% of total revenue at ¥740,639,448.31, growing by 42.13% year-on-year[51]. - The company saw a significant increase in copper powder sales, which reached ¥100,224,911.83, up 942.06% from ¥9,617,963.91 in the previous year[49]. Market Opportunities and Strategy - The company has identified a substantial market opportunity in the domestic self-lubricating materials bearing industry, with an annual import demand of approximately $4 billion[27]. - The company aims to enhance its R&D capabilities and product quality to meet the increasing demand for high-end bearings, which are currently reliant on imports[28]. - The company is focusing on developing new technologies and products with independent intellectual property rights to drive future growth[30]. - The self-lubricating materials bearing market is expected to see increased specialization and professional division of labor among domestic manufacturers[29]. - The company is positioned as a leader in the domestic self-lubricating materials bearing industry, with a commitment to sustainable development and innovation[30]. Research and Development - The company has completed several R&D projects, including the ZOB-301AZ heavy-duty self-lubricating bearing, which aims to enhance product lifespan and market share in the commercial heavy truck sector[61]. - The SF-2YD new energy mobile charging vehicle bearing project has been completed, allowing for long-term normal charging without maintenance, expanding the company's presence in the new energy sector[61]. - The company is developing a new type of three-layer composite self-lubricating material (ZOB201C POK) to meet environmental requirements and extend product lifespan, which is expected to increase revenue[62]. - The ZOB501G high-load engine lead-free bearing material is in the trial phase, aiming to enter the national six new lead-free bushing market, with user certification already obtained[62]. - The company’s R&D investment amounted to ¥51,475,605.93 in 2021, representing 5.67% of total revenue, an increase from 5.16% in 2020[65]. Operational Efficiency - The company has implemented refined management practices across sales, production, and technology, significantly improving operational efficiency[44]. - The company has invested in advanced automated bearing forming equipment and testing devices to ensure high production efficiency and product quality[44]. - The company aims to enhance its production lines' automation and intelligence to achieve zero defects in product quality[94]. - The company has implemented new operational strategies to improve efficiency and reduce lead times in production[120]. Risk Management - The company has outlined potential risks and countermeasures in its future development outlook, emphasizing the importance of investor awareness regarding these risks[5]. - The company faces risks from raw material price fluctuations, particularly for electrolytic copper, steel plates, copper sleeves, and copper plates, which significantly impact gross margin levels[97]. - Exchange rate fluctuations pose a risk to the company's operating performance, particularly as export settlements are primarily in USD and EUR[98]. - The company will implement measures to strengthen financial planning and management to mitigate exchange rate risks[98]. Shareholder and Governance - The company emphasizes transparency and fair treatment of all investors, ensuring timely and accurate information disclosure[103]. - The company has established a performance evaluation and incentive system linking the income of directors, supervisors, and senior management to the company's operating performance[105]. - The company has a complete governance structure with a board of directors, supervisory board, and shareholders' meeting, ensuring independent decision-making[107]. - The company has a structured compensation plan based on the roles and responsibilities of its directors and senior management, excluding independent directors who receive a fixed allowance[121]. Environmental and Social Responsibility - The company has established a comprehensive environmental monitoring plan, combining online and manual monitoring of pollution sources[160]. - The company is committed to environmental protection, continuously improving production processes and developing eco-friendly materials[164]. - The company actively participates in social welfare initiatives, including scholarships and support for local community development[164]. Future Outlook - The company has set a performance guidance for 2022, aiming for a revenue growth of 15% compared to 2021[115]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2023[169]. - The company is exploring potential acquisitions to enhance its product portfolio and market reach, with a budget of 200 million RMB for strategic investments[169]. - Future guidance estimates a revenue growth of 10-15% for 2022, driven by increased demand and new product launches[169].