阿尔特汽车技术股份有限公司（以下简称"公司"）已于 2023 年 4 月 24 日 在巨潮资讯网（http://www.cninfo.com.cn）披露《2022 年年度报告》及其摘要。 证券代码：300825 证券简称：阿尔特 公告编号：2023-043 阿尔特汽车技术股份有限公司 关于举行 2022 年度业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 如有疑问，可通过本通知后附的电话、传真或者电子邮件联系公司。 四、公司出席人员 出席本次说明会的人员有：董事、总经理张立强先生；副总经理、董事会秘 书邱阳女士；财务负责人贾居卓女士以及独立董事陈士华先生。 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。投资者可于 2023 年 5 月 8 日（星期一）17:00 前访问 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。 为使投资者更好了解公司的发展情况，方 ...

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=第一节%20重要提示、目录和释义) This section provides crucial disclaimers, outlines the report structure, and defines key terms for clarity [Important Notice](index=2&type=section&id=重要提示) The company's board, supervisory board, and senior management guarantee the report's accuracy and completeness, disclaiming any misleading statements - Company management assures the truthfulness, accuracy, and completeness of the report content, assuming corresponding legal responsibilities[3](index=3&type=chunk) - The company plans no cash dividends, bonus shares, or capital reserve conversions to share capital for 2022[15](index=15&type=chunk) [Definitions](index=6&type=section&id=释义) This chapter defines key terms used throughout the report, including company abbreviations, major partners, regulatory bodies, and the reporting period - The reporting period is defined as January 1, 2022, to December 31, 2022[8](index=8&type=chunk) [Company Profile and Key Financial Indicators](index=7&type=section&id=第二节%20公司简介和主要财务指标) This section presents the company's fundamental information and a summary of its key financial performance metrics for the reporting period [Company Information](index=7&type=section&id=公司信息) This chapter provides essential company details, including its name, stock code, legal representative, addresses, contact information, and official disclosure channels | Item | Information | | :--- | :--- | | **Stock Abbreviation** | ART | | **Stock Code** | 300825 | | **Legal Representative** | Xuan Qiwu | | **Registered Address** | 9th Floor, Building 11, No. 7 Courtyard, Liangshuihe 2nd Street, Beijing Economic-Technological Development Area, Beijing | | **Information Disclosure Website** | Cninfo (www.cninfo.com.cn) | [Key Accounting Data and Financial Indicators](index=8&type=section&id=主要会计数据和财务指标) In 2022, the company experienced a significant performance decline, with revenue dropping by 25.56% to **RMB 947.14 million** and net profit attributable to shareholders falling by 60.62% to **RMB 80.88 million** | Key Financial Indicators | 2022 | 2021 | YoY Change | | :--- | :--- | :--- | :--- | | **Operating Revenue (RMB)** | 947,136,760.38 | 1,272,277,551.86 | -25.56% | | **Net Profit Attributable to Shareholders (RMB)** | 80,875,393.83 | 205,360,226.29 | -60.62% | | **Net Cash Flow from Operating Activities (RMB)** | 47,721,800.31 | 182,052,014.30 | -73.79% | | **Basic Earnings Per Share (RMB/share)** | 0.1643 | 0.4419 | -62.82% | | **Weighted Average Return on Net Assets** | 3.28% | 12.03% | -8.75% | | **Total Assets (RMB)** | 3,335,426,285.55 | 3,416,135,457.86 | -2.36% | [Quarterly Key Financial Indicators](index=9&type=section&id=分季度主要财务指标) The company's 2022 quarterly performance showed significant fluctuations, with Q2 being the peak for revenue and profit, while Q4 recorded a loss | Indicator (RMB) | Q1 | Q2 | Q3 | Q4 | | :--- | :--- | :--- | :--- | :--- | | **Operating Revenue** | 211,524,210.38 | 298,915,104.50 | 167,565,052.01 | 269,132,393.49 | | **Net Profit Attributable to Shareholders** | 25,975,581.32 | 51,234,980.57 | 17,041,532.16 | -13,376,700.22 | | **Net Profit Attributable to Shareholders (Excluding Non-recurring Items)** | 25,600,208.29 | 59,770,152.77 | 28,101,804.82 | -24,900,351.22 | [Non-Recurring Gains and Losses and Amounts](index=9&type=section&id=非经常性损益项目及金额) The company's net non-recurring loss for the reporting period was **RMB -7.70 million**, primarily due to a **RMB -23.76 million** loss from changes in fair value of financial assets | Item | 2022 Amount (RMB) | 2021 Amount (RMB) | | :--- | :--- | :--- | | Disposal gains/losses on non-current assets | -1,431,549.35 | -1,241,039.53 | | Government grants recognized in current profit/loss | 9,224,836.41 | 18,843,093.86 | | Debt restructuring gains/losses | 8,174,435.84 | -2,911,807.60 | | Fair value changes of financial assets/liabilities held for trading | -23,761,076.55 | 0.00 | | **Total** | **-7,696,420.83** | **15,620,986.80** | [Management Discussion and Analysis](index=11&type=section&id=第三节%20管理层讨论与分析) This section provides an in-depth analysis of the company's operational performance, financial condition, and future outlook [Industry Overview and Company Position](index=11&type=section&id=行业情况与公司地位) In 2022, China's automotive industry maintained slight growth, with new energy vehicles experiencing explosive growth and the company solidifying its leading position as a full-stack R&D provider - In 2022, China's new energy vehicle production and sales reached **7.058 million** and **6.887 million** units respectively, growing over **90%** year-on-year, with a market share of **25.6%**[95](index=95&type=chunk) - The company is China's first A-share listed independent full-stack automotive R&D solution provider, pioneering "turnkey" vehicle R&D services and engine/powertrain R&D and manufacturing[85](index=85&type=chunk) - The company possesses globally pioneering electromagnetic DHT R&D and production technology, is one of the few domestic enterprises capable of independently selling V6 engines, and has proactively deployed in SOA developer platforms and skateboard chassis[85](index=85&type=chunk) [Main Business and Operating Model](index=12&type=section&id=主要业务与经营模式) The company's core business encompasses full-process vehicle and platform R&D, core component R&D and manufacturing, and new energy intelligent platform development, operating on a project-based R&D and build-to-order production model - The company's core business comprises three segments: vehicle and platform R&D (including skateboard chassis), core component R&D and manufacturing (electromagnetic DHT, V6 engines, etc.), and new energy intelligent platform development (SOA architecture, intelligent driving, intelligent control, intelligent cockpit platforms)[88](index=88&type=chunk)[64](index=64&type=chunk) - The company adopts a project manager-led R&D model, a "build-to-order with appropriate inventory" production model, and a marketing model that includes bidding, negotiated procurement, and a unique "forward-looking R&D reserve promotion" approach[73](index=73&type=chunk)[75](index=75&type=chunk)[90](index=90&type=chunk) Main Products and Core Advantages | Main Product | Core Advantage | Application | | :--- | :--- | :--- | | **Electromagnetic DHT** | Compact structure, low cost, high efficiency, low noise | Hybrid electric vehicles | | **Electromagnetic Clutch Module** | Low cost, fast response, simple structure, low power loss | Integrated into DHT systems | | **Four-in-One Powertrain** | Highly integrated (motor, reducer, domain controller, heat exchanger), uses flat-wire oil-cooled motors and SiC power devices | A-C segment new energy vehicles | | **V6 Engine** | All-aluminum lightweight, twin-turbocharged, powerful, meets National 6b emissions | High-end off-road vehicles, minibuses, range-extended trucks, etc | [Core Competitiveness Analysis](index=17&type=section&id=核心竞争力分析) The company's core competitiveness stems from its leading technical strength, high-caliber talent pool, comprehensive business layout, and significant operational achievements - Technical Strength: The company possesses core technologies across the entire automotive R&D value chain, holding **1,312 patents** (including **51 invention patents**) and **48 copyrights** as of the reporting period, with an annual patent growth rate of **49.94%**[60](index=60&type=chunk) - Talent Team: As of the reporting period, the company has **2,160 employees**, with technical personnel accounting for **78.24%** and those with bachelor's degrees or higher accounting for **73.47%**; the SDV domain team has grown to nearly **500 people**[79](index=79&type=chunk) - Business Layout: The company is one of the few independent enterprises in China capable of covering the entire automotive development value chain, offering full-process services from R&D to prototyping, forming a "R&D + Manufacturing" dual-driven model[80](index=80&type=chunk)[396](index=396&type=chunk) - Operational Achievements: The company has successfully developed nearly **400 vehicle models** for over **80 clients**, including XPeng G3, Hozon NETA series, Enovate ME7, Hongqi H5/HS5/HS7, and Dongfeng Honda e:NS1[399](index=399&type=chunk)[411](index=411&type=chunk)[412](index=412&type=chunk) [Main Business Analysis](index=21&type=section&id=主营业务分析) In 2022, the company's total revenue decreased by 25.56% to **RMB 947.14 million**, and net profit fell by 60.62% to **RMB 80.88 million**, primarily due to a significant decline in R&D design services, despite strong growth in core component sales Revenue Composition (RMB) | Revenue Composition (RMB) | 2022 | 2021 | YoY Change | | :--- | :--- | :--- | :--- | | **Total Operating Revenue** | **947,136,760.38** | **1,272,277,551.86** | **-25.56%** | | *By Industry* | | | | | Professional Technical Services | 817,494,702.77 | 1,205,376,241.52 | -32.18% | | Manufacturing | 129,642,057.61 | 66,901,310.34 | 93.78% | | *By Product* | | | | | New Energy Vehicle Design | 690,140,947.04 | 1,009,670,750.90 | -31.65% | | Fuel Vehicle Design | 123,547,471.72 | 187,438,692.53 | -34.09% | | Core Components | 128,600,605.59 | 64,476,479.08 | 99.45% | - R&D business revenue significantly declined due to factors such as personnel mobility restrictions and client project slowdowns; as of the reporting period, the order backlog was approximately **RMB 2.01 billion**, a relatively low level in recent years[415](index=415&type=chunk) - Core component business experienced rapid growth, primarily driven by the mass production and deployment of the self-developed electromagnetic DHT product for SAIC-GM-Wuling hybrid models starting in July 2022[428](index=428&type=chunk)[94](index=94&type=chunk) - The company's R&D investment continued to increase, reaching **RMB 192 million** in 2022, a **27.08%** year-on-year increase, with its proportion of operating revenue rising to **20.32%**[444](index=444&type=chunk)[483](index=483&type=chunk) [Analysis of Assets and Liabilities](index=35&type=section&id=资产及负债状况分析) As of the end of 2022, the company's total assets were **RMB 3.34 billion**, a slight decrease of 2.36% from the beginning of the year, with notable changes in financial assets, inventory, and contract liabilities Key Asset and Liability Items (RMB) | Key Asset and Liability Items (RMB) | 2022 Year-End | 2022 Year-Beginning | Explanation of Change | | :--- | :--- | :--- | :--- | | **Financial Assets Held for Trading** | 299,049,623.21 | 823,974,026.35 | Primarily due to maturity and redemption of wealth management products | | **Inventories** | 453,663,506.87 | 324,392,309.23 | Increased business scale and higher inventory preparation | | **Long-term Equity Investments** | 134,405,863.18 | 58,699,703.96 | Increase in external investments | | **Intangible Assets** | 223,817,692.90 | 148,265,305.04 | Increase in capitalized R&D expenditures | | **Contract Liabilities** | 99,709,007.90 | 18,586,409.48 | Increase in advance payments from customers for projects | [Analysis of Investment Status](index=36&type=section&id=投资状况分析) During the reporting period, the company actively pursued strategic investments, including acquiring a significant stake in a Japanese listed company and increasing its investment in an associated new energy vehicle technology firm - Through its wholly-owned subsidiary ART Japan, the company invested **RMB 16.4 million** to acquire a **33.04%** stake in Japanese listed company YAMATO, becoming its largest shareholder, aiming to expand into international markets[506](index=506&type=chunk) - The company increased its capital contribution by **RMB 50 million** to its associated company, Shenzhen Gecko New Energy Vehicle Technology Co., Ltd., raising its stake to **12.75%**, to deepen its presence in the new energy vehicle sector[506](index=506&type=chunk)[384](index=384&type=chunk) - Raised funds were utilized as planned, with multiple projects, including the "Advanced Industrialization R&D Project," progressing, though some experienced slight delays due to supply chain and external environmental factors[517](index=517&type=chunk)[529](index=529&type=chunk) [Outlook on Company's Future Development](index=48&type=section&id=公司未来发展的展望) The company's future strategy focuses on three key directions: global expansion through "technology + supply chain," cost reduction through high-value products, and digital transformation via new technologies, while actively managing market and talent risks - Core future development strategies: 1. Empowering Chinese and international clients with a "technology + supply chain" model to expand overseas markets; 2. Launching more cost-effective products to promote industry cost reduction and efficiency improvement; 3. Investing in new technologies to drive automotive digital and intelligent transformation[106](index=106&type=chunk)[540](index=540&type=chunk)[541](index=541&type=chunk) - 2023 Operating Plan: Increase market promotion efforts, seize opportunities in the booming hybrid market to enhance core component market share, and maintain high R&D investment to ensure technological leadership[542](index=542&type=chunk)[565](index=565&type=chunk)[566](index=566&type=chunk) - The company faces key risks including automotive industry policy and market fluctuations, intensifying market competition, talent loss, and risks related to technology leakage and R&D falling short of expectations[545](index=545&type=chunk)[132](index=132&type=chunk)[567](index=567&type=chunk)[134](index=134&type=chunk)[135](index=135&type=chunk) [Corporate Governance](index=53&type=section&id=第四节%20公司治理) This section details the company's governance structure, internal controls, and compliance with relevant laws and regulations [Overview of Corporate Governance](index=53&type=section&id=公司治理概况) During the reporting period, the company continuously improved its corporate governance structure and internal control systems in strict compliance with relevant laws and regulations, maintaining independence from its controlling shareholder - The company's corporate governance status complies with regulations such as the "Guidelines for Corporate Governance of Listed Companies" and shows no significant discrepancies with laws, administrative regulations, or CSRC rules[138](index=138&type=chunk)[122](index=122&type=chunk) - The company maintains independence in its operations, personnel, assets, organization, and finance, possessing complete autonomous operating capabilities[141](index=141&type=chunk)[578](index=578&type=chunk)[599](index=599&type=chunk)[580](index=580&type=chunk) [Directors, Supervisors, Senior Management, and Employees](index=56&type=section&id=董事、监事、高级管理人员及员工情况) During the reporting period, the company experienced changes in its board, supervisory board, and senior management, while maintaining a stable and highly skilled workforce with a significant proportion of technical personnel - During the reporting period, several directors, supervisors, and the board secretary experienced changes in their appointments or departures[128](index=128&type=chunk)[167](index=167&type=chunk)[168](index=168&type=chunk) Employee Composition | Employee Category | Number (Persons) | Percentage | | :--- | :--- | :--- | | **Total Employees** | **2,160** | **100%** | | Technical Personnel | 1,690 | 78.24% | | Production Personnel | 210 | 9.72% | | Administrative Personnel | 196 | 9.07% | | Financial Personnel | 34 | 1.57% | | Sales Personnel | 30 | 1.39% | [Profit Distribution and Incentive Measures](index=70&type=section&id=利润分配及激励措施) For the 2022 fiscal year, the company decided against cash dividends, bonus shares, or capital reserve conversions, primarily due to substantial share repurchases treated as cash distributions, while continuing to advance equity incentive and employee stock ownership plans - The company's 2022 profit distribution proposal is a "three-no" policy, primarily considering the **RMB 199.55 million** used for share repurchases with self-owned funds during the year, which is treated as a cash dividend[220](index=220&type=chunk)[232](index=232&type=chunk) - The company completed the second tranche of its 2020 restricted stock incentive plan, with a total of **3,785,625 shares** vested[233](index=233&type=chunk)[234](index=234&type=chunk) - The company implemented its first employee stock ownership plan, involving **349 employees** holding **9,765,000 shares**, accounting for **1.95%** of the total share capital[250](index=250&type=chunk) [Internal Control](index=73&type=section&id=内部控制) During the reporting period, the company established and effectively implemented a sound internal control system in accordance with relevant regulations, with no significant internal control deficiencies identified - The company has largely established and effectively implemented a sound internal control system, with no significant internal control deficiencies identified during the reporting period[241](index=241&type=chunk) [Environmental and Social Responsibility](index=76&type=section&id=第五节%20环境和社会责任) This section outlines the company's commitment to environmental protection and its efforts in fulfilling social responsibilities towards stakeholders [Environmental and Social Responsibility Performance](index=76&type=section&id=环境与社会责任履行情况) The company is not a key polluting entity and actively fulfills its social responsibilities by protecting the rights of shareholders, employees, customers, and suppliers - The company and its subsidiaries are not classified as key polluting entities by environmental protection authorities and had no significant environmental issues during the reporting period[260](index=260&type=chunk)[247](index=247&type=chunk) - The company protects investor rights through compliant information disclosure and diverse communication channels; safeguards employee rights by adhering to labor laws and improving compensation, benefits, and training systems; and maintains customer and supplier rights by establishing a comprehensive quality management system[281](index=281&type=chunk)[282](index=282&type=chunk)[263](index=263&type=chunk) [Significant Matters](index=78&type=section&id=第六节%20重要事项) This section details the company's fulfillment of commitments, significant related-party transactions, and major contracts or other important events during the reporting period [Fulfillment of Commitments](index=78&type=section&id=承诺事项履行情况) During the reporting period, the company and relevant parties strictly fulfilled their commitments made during initial public offerings or refinancing, with no breaches observed - The company's actual controllers, shareholders, and related parties strictly fulfilled or are currently fulfilling various commitments during the reporting period, including share lock-up, reduction, avoidance of horizontal competition, and share price stabilization[267](index=267&type=chunk) [Significant Related-Party Transactions](index=106&type=section&id=重大关联交易) During the reporting period, the company engaged in routine related-party transactions totaling approximately **RMB 38.05 million**, primarily for automotive design services and energy/building procurement, all within annual estimated limits Related-Party Transactions (RMB) | Related Party | Type of Related Transaction | Content of Related Transaction | Amount (RMB million) | | :--- | :--- | :--- | :--- | | ASTEC | Acceptance of Services | Automotive Design Services | 7.414 | | ART Enterprise Management | Acceptance of Services | Building Services | 13.9167 | | ART Enterprise Management | Purchase of Goods | Energy Supply | 3.0661 | | ART Digital Technology | Acceptance of Services | Automotive Design Services | 12.5226 | - The company, along with Chairman Xuan Qiwu, jointly invested in establishing Gecko Technology and increased its capital, aiming to strategically position itself in the new energy vehicle sector[384](index=384&type=chunk) - The company obtained comprehensive credit lines from multiple banks, with actual controllers Mr. Xuan Qiwu and Ms. Liu Jian providing gratuitous personal joint and several liability guarantees[366](index=366&type=chunk)[400](index=400&type=chunk)[368](index=368&type=chunk) [Significant Contracts and Other Major Matters](index=110&type=section&id=重大合同及其他重大事项) During the reporting period, the company signed several significant contracts, including a DHT transmission assembly supply agreement with SAIC-GM-Wuling and vehicle development services for international brands, alongside strategic cooperation agreements with CATL and Gecko Technology - The DHT transmission assembly supply contract with SAIC-GM-Wuling is being fulfilled normally, with **RMB 65.29 million** in sales revenue recognized in the current period[454](index=454&type=chunk) - A contract for new energy vehicle-related entrusted business worth **RMB 453 million** was signed with an international automotive brand manufacturer, with **RMB 155 million** in revenue recognized in the current period[454](index=454&type=chunk) - Strategic cooperation framework agreements were signed with CATL and Gecko Technology to collaborate on skateboard chassis, new energy vehicle business, and battery swap services[1158](index=1158&type=chunk) [Share Changes and Shareholder Information](index=116&type=section&id=第七节%20股份变动及股东情况) This section details changes in the company's share capital and provides an overview of its shareholder structure during the reporting period [Share Changes](index=116&type=section&id=股份变动情况) During the reporting period, the company's total share capital increased from **332 million** shares to **501 million** shares, primarily due to a capital reserve to share capital transfer and the vesting of equity incentives - The company's total share capital increased from **331,754,472 shares** at the beginning of the year to **501,417,333 shares** at the end of the year[1198](index=1198&type=chunk) - The main reasons for the share increase were: 1. Capital reserve transfer to share capital of **165,877,236 shares**; 2. New shares from equity incentive vesting totaling **3,785,625 shares**[1200](index=1200&type=chunk)[1201](index=1201&type=chunk) [Shareholder Information](index=120&type=section&id=股东情况) As of the end of 2022, the company had **22,062** common shareholders, with ART (Beijing) Investment Consulting Co., Ltd. as the controlling shareholder and Xuan Qiwu and Liu Jian as the actual controllers Top Ten Shareholders | Shareholder Name | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | | ART (Beijing) Investment Consulting Co., Ltd. | 13.48% | 67,579,530 | | Jiaxing Junwen Yinbao Investment Partnership (Limited Partnership) | 4.64% | 23,289,157 | | Jiangsu Yueda Investment Co., Ltd. | 2.74% | 13,763,651 | | Lin Ling | 2.67% | 13,375,500 | | ART Automotive Technology Co., Ltd. - First Employee Stock Ownership Plan | 1.95% | 9,765,000 | - The company's controlling shareholder is ART (Beijing) Investment Consulting Co., Ltd., and the actual controllers are Mr. Xuan Qiwu and Ms. Liu Jian[1255](index=1255&type=chunk)[1258](index=1258&type=chunk) [Preferred Shares Information](index=125&type=section&id=第八节%20优先股相关情况) This section confirms the absence of preferred shares during the reporting period [Preferred Shares Status](index=125&type=section&id=优先股情况) The company had no preferred shares during the reporting period[1299](index=1299&type=chunk) [Bond Information](index=126&type=section&id=第九节%20债券相关情况) This section confirms the absence of bond-related matters during the reporting period [Bond Status](index=126&type=section&id=债券情况) The company had no bond-related matters during the reporting period[930](index=930&type=chunk) [Financial Report](index=127&type=section&id=第十节%20财务报告) This section presents the company's audited financial statements, including the audit report, detailed financial tables, and comprehensive notes to the financial statements [Audit Report](index=127&type=section&id=审计报告) Lixin Certified Public Accountants (Special General Partnership) issued a standard unqualified audit opinion on the company's 2022 financial statements, confirming their fair presentation in accordance with accounting standards - The auditing firm is Lixin Certified Public Accountants, which issued a standard unqualified audit opinion[933](index=933&type=chunk) - A key audit matter was "Revenue Recognition from Contracts," due to its significance as a key performance indicator and the inherent risk of management manipulating revenue recognition timing[937](index=937&type=chunk)[940](index=940&type=chunk) [Financial Statements](index=130&type=section&id=财务报表) The financial statements provide a detailed overview of the company's financial position and performance for 2022, showing total assets of **RMB 3.34 billion** and net profit attributable to shareholders of **RMB 80.88 million** Consolidated Balance Sheet Key Items (RMB) | Item | 2022-12-31 | 2021-12-31 | | :--- | :--- | :--- | | **Total Assets** | **3,335,426,285.55** | **3,416,135,457.86** | | **Total Liabilities** | 818,681,560.80 | 676,869,799.40 | | **Total Equity Attributable to Parent Company Shareholders** | 2,426,564,491.28 | 2,516,786,264.00 | | **Total Shareholders' Equity** | 2,516,744,724.75 | 2,739,265,658.46 | Consolidated Income Statement Key Items (RMB) | Item | 2022 Annual | 2021 Annual | | :--- | :--- | :--- | | **I. Total Operating Revenue** | **947,136,760.38** | **1,272,277,551.86** | | **II. Total Operating Costs** | 852,827,951.36 | 1,064,619,328.50 | | **III. Operating Profit** | 88,230,160.39 | 215,221,198.50 | | **IV. Total Profit** | 88,708,214.14 | 213,717,151.59 | | **V. Net Profit** | 65,636,581.53 | 197,792,249.05 | | **Net Profit Attributable to Parent Company Shareholders** | 80,875,393.83 | 205,360,226.29 | Consolidated Cash Flow Statement Key Items (RMB) | Item | 2022 Annual | 2021 Annual | | :--- | :--- | :--- | | **Net Cash Flow from Operating Activities** | 47,721,800.31 | 182,052,014.30 | | **Net Cash Flow from Investing Activities** | 115,402,219.60 | -327,963,838.47 | | **Net Cash Flow from Financing Activities** | -170,877,398.68 | 725,306,356.89 | | **Net Increase in Cash and Cash Equivalents** | -7,440,298.09 | 578,302,035.93 | | **Cash and Cash Equivalents at End of Period** | 708,137,268.40 | 715,577,566.49 | [Notes to Financial Statements](index=153&type=section&id=财务报表附注) The notes to the financial statements provide detailed explanations of the company's accounting policies, estimates, and significant items, ensuring transparency and compliance with accounting standards - Revenue Recognition Policy: The company recognizes revenue when customers obtain control of related goods or services; for service contracts performed over a period (e.g., automotive design), revenue is recognized based on performance progress, while for goods sales, it's recognized at the point of control transfer[995](index=995&type=chunk)[1011](index=1011&type=chunk) - R&D Expenditure Accounting Policy: Internal R&D project expenditures are divided into research and development phases; research phase expenditures are expensed, while development phase expenditures are capitalized upon meeting five conditions, including technical feasibility[883](index=883&type=chunk)[884](index=884&type=chunk)[887](index=887&type=chunk) - Tax Incentives: The company and several subsidiaries are recognized as high-tech enterprises, enjoying a **15%** corporate income tax preferential rate during the reporting period[1054](index=1054&type=chunk)[1060](index=1060&type=chunk)[1061](index=1061&type=chunk)

证券代码：300825 证券简称：阿尔特 阿尔特汽车技术股份有限公司 投资者关系活动记录表 编号：2021-003 | --- | --- | --- | --- | --- | |---------------------------|--------------------|---------------------------|----------------------------------------------------|--------------------------------------------------------| | | | | | | | | 特定对象调研 | | □ 分析师会议 | | | 投资者关系活 | □ 媒体采访 | | □ 业绩说明会 | | | 动类别 | □ 新闻发布会 | | □ 路演活动 | | | | □ 现场参观 | | □ 其他 | | | | 中信证券 | 王诗宸 | 中信证券 | 梁勤之 | | | 安信基金 | 冯雪岩 | 太平洋证券 | 樊夏沛 | | 参与单位名称 | 嘉实基金 | 曲盛伟 | 沣京资本 | 陈华良 | | 及人员姓名 ...

证券代码：300825 证券简称：阿尔特 阿尔特汽车技术股份有限公司 投资者关系活动记录表 编号：2021-004 | --- | --- | --- | --- | --- | |----------------|------------------------------------------------------|----------------------------------|-----------|-------| | | | | | | | | 特定对象调研 | □ 分析师会议 | | | | 投资者关系活动 | □ 媒体采访 □ | □ 业绩说明会 □ | | | | 类别 | 新闻发布会 □ | 路演活动 □ | | | | | 现场参观 | 其他 | | | | | 国泰君安 赵水平 | 博时基金 刘 阳 | | | | | 渤海证券 郑连声 | 邦信资产 李若辰 | | | | | 国海证券 石金漫 | 丰源正鑫 郑志文 | | | | 参与单位名称及 | 国海证券 多飞舟 | 兴途投资 禾 凤 | | | | 人员姓名 | 东兴证券 李晶晶 | 兴途投资 李 雪 | | | | ...

证券代码：300825 证券简称：阿尔特 阿尔特汽车技术股份有限公司 投资者关系活动记录表 编号：2021-005 | --- | --- | --- | --- | |----------------|----------------------------------|--------------------------------------------------------|--------------------| | | 特定对象调研 | □ 分析师会议 | | | 投资者关系活动 | □ 媒体采访 | □ 业绩说明会 | | | 类别 | □ 新闻发布会 | □ 路演活动 | | | | □ 现场参观 | □ 其他 | | | 参与单位名称 | 中信证券 平安基金 | 嘉实基金 招商信诺 | | | 时间 | 2021 年 7 月 15 日 | | | | 地点 | 北京市大兴区双羊路 8 | 号 阿尔特会议室 | | | 上市公司接待人 | 副总经理、董事会秘书 | 林玲女士 | | | 员姓名 | 证券事务代表 何娜女士 | | | | | 业务模式等情况。 | 一、由证券事务代表何娜女士 ...

Group 1: Company Overview and Business Model - The company has shifted its focus to new energy vehicle design and research, with 82.69% of its R&D projects in this area as of June 2021 [3] - The revenue recognition model for vehicle R&D is milestone-based, where payments are made upon client acceptance of project deliverables [2] - The company has nearly 300 successful vehicle R&D case studies, indicating a strong track record in the industry [3] Group 2: Market Position and Strategic Partnerships - The collaboration with Itochu aims to leverage Itochu's global marketing channels and the company's strengths in vehicle R&D design for international market access [4] - Establishing a subsidiary in Malaysia is part of the strategy to expand vehicle design and modification services in Southeast Asia, aligning with global automotive development trends [4] Group 3: Technological Development and Future Plans - The company continues to invest in V6 engine technology despite the shift towards new energy vehicles, aiming to overcome foreign monopolies and enhance domestic capabilities [4] - The company's EE architecture has been successfully applied in ongoing projects, receiving positive feedback [3]

证券代码：300825 证券简称：阿尔特 阿尔特汽车技术股份有限公司 投资者关系活动记录表 编号：2022-003 | --- | --- | --- | --- | --- | --- | --- | |-----------------------|-----------------------------------------------------------------|--------------------|----------------------|------------------------------------------------------|------------------|--------| | 投资者关系活 \n动类别 | 特定对象调研 \n□ 媒体采访 \n□ 新闻发布会 \n 现场参观 \n中金公司 | \n \n \n \n常菁 | □ \n□ \n□ \n方正证券 | 分析师会议 \n业绩说明会 \n路演活动 \n□ 其他 \n于尚民 | 梭罗资产 | 刘俊炜 | | | 中金公司 | 袁牧 | 开源证券 | 姜煦洲 | 梭罗资产 | 周志愿 | | | 中 ...

阿尔特汽车技术股份有限公司 2022 年第三季度报告 □是 否 证券代码：300825 证券简称：阿尔特 公告编号：2022-110 阿尔特汽车技术股份有限公司 2022 年第三季度报告 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重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|-------------------------|--------------------------|---- ...