证券代码：300828 证券简称：锐新科技 公告编号：2023-017 天津锐新昌科技股份有限公司 关于举办 2022 年度报告网上业绩说明会的通知 本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。 天津锐新昌科技股份有限公司（以下简称"公司"）《2022 年年度报告全文》及《2022 年年度报告摘要》已于 2023 年 3 月 24 日在中国证监会指定的创业板信息披露网站巨潮资讯 网（http://www.cninfo.com.cn）上披露。 为便于广大投资者更深入、全面的了解公司情况，公司定于 2023 年 4 月 7 日（周五）下 午 15:00-17:00 在全景网举办 2022 年度业绩说明会，本次年度业绩说明会将采用网络远程的 方式举行，投资者可登陆全景网"投资者关系互动平台"（http://ir.p5w.net）参与本次年度业 绩说明会。 特此公告。 天津锐新昌科技股份有限公司 董事会 2023 年 3 月 29 日 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 ...

Financial Performance - The company's operating revenue for 2022 was CNY 765,714,852.95, representing a 33.28% increase compared to CNY 574,503,921.95 in 2021[17]. - The net profit attributable to shareholders for 2022 was CNY 97,231,858.99, up 28.44% from CNY 75,701,655.34 in the previous year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 92,178,758.76, a 29.82% increase from CNY 71,006,646.24 in 2021[17]. - The cash flow from operating activities for 2022 was CNY 38,601,662.34, a significant increase of 453.91% compared to CNY 6,968,889.35 in 2021[17]. - The total assets at the end of 2022 amounted to CNY 979,572,803.56, an 18.65% increase from CNY 825,599,118.06 at the end of 2021[17]. - The net assets attributable to shareholders at the end of 2022 were CNY 835,010,232.64, reflecting a 7.63% increase from CNY 775,809,789.90 in 2021[17]. - The basic earnings per share for 2022 were CNY 0.59, down 14.49% from CNY 0.69 in 2021[17]. - The diluted earnings per share for 2022 were CNY 0.58, a decrease of 15.94% compared to CNY 0.69 in the previous year[17]. - The weighted average return on equity for 2022 was 12.12%, an increase from 10.07% in 2021[17]. Market Trends - The global industrial automation market is expected to reach USD 207.79 billion by 2028, with a CAGR of 6.4% from 2022 to 2028[28]. - In 2022, the production and sales of new energy vehicles in China reached 7.058 million and 6.887 million units, respectively, representing a year-on-year growth of 96.9% and 93.4%[30]. - The company’s products are closely related to the clean energy sector, with the global inverter market expected to reach CNY 201.7 billion by 2025, growing at a CAGR of 23.8% from 2022 to 2025[32]. - The wind power installed capacity in China is projected to reach 430 million kilowatts in 2023, with an expected delivery volume of over 80GW for the wind turbine industry[33]. - The automotive lightweighting trend is expected to reduce fuel vehicle weight by 10% by 2025, leading to an 8% reduction in fuel consumption[88]. Product and R&D Focus - The company’s main products include power electronic heat sinks and precision components for industrial automation and medical devices, targeting multiple high-growth sectors[27]. - The company has a strong focus on R&D, ensuring rapid response to new product development and maintaining high product quality through advanced manufacturing processes[47]. - The company invested 29.48 million yuan in R&D, marking a 7.29% increase from the previous year[60]. - The company holds a total of 66 patents, including 11 invention patents, enhancing its technological capabilities[60]. - The company aims to enhance its competitive edge in the new energy vehicle sector through the development of lightweight materials and advanced manufacturing processes[70]. Strategic Partnerships and Market Expansion - The company has established a strategic partnership with core customers, continuously increasing market share and actively expanding into new product areas within existing customer groups[45]. - The company is positioned to enter a rapid growth phase in the automotive lightweight sector due to increasing downstream demand[49]. - The company plans to strengthen its market expansion efforts, focusing on the Yangtze River Delta region and enhancing collaboration with existing customers while developing new markets for aluminum alloy components in sectors like new energy vehicles and photovoltaic inverters[92]. Governance and Management - The company has established independent governance structures, including a board of directors and supervisory board, operating without interference from controlling shareholders[104]. - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[102]. - The company has a transparent performance evaluation and incentive mechanism for senior management, ensuring accountability[102]. - The company has maintained a stable governance structure with no changes in the board of directors, supervisors, or senior management during the reporting period[108]. - The company emphasizes quality management, aiming for zero defects and improving product quality and delivery rates to enhance customer satisfaction[91]. Financial Management and Shareholder Relations - The company has implemented a stock price stabilization plan, which includes share repurchases and increases in shareholdings by major shareholders and management if the stock price falls below the net asset value for 20 consecutive trading days[159]. - The company has a plan to address any potential disputes related to leased properties, ensuring coverage for any losses incurred[162]. - The company is committed to enhancing shareholder value through strategic capital management and incentive plans[192]. - The company has a lock-up period for existing shares of 12 months from the date of listing[161]. - The company has committed to transparency in its financial disclosures and will address any discrepancies promptly[162]. Environmental and Social Responsibility - The company has implemented environmental protection measures, including reducing emissions and achieving zero wastewater discharge, with no major environmental pollution incidents reported in 2022[154]. - The company has a comprehensive management system for employee welfare, including signing labor contracts and paying social insurance, enhancing employee safety and career development[153]. - The company respects the rights of stakeholders, balancing the interests of customers, employees, shareholders, and society[102]. Risks and Challenges - The company faces risks related to customer concentration, as major clients include Schneider, ABB, and Siemens, which could impact revenue if their operational conditions change adversely[93]. - The company has implemented measures to mitigate aluminum price volatility risks by establishing price adjustment mechanisms with suppliers and customers to minimize the impact of price fluctuations on operations[94].

证券代码：300828 证券简称：锐新科技 天津锐新昌科技股份有限公司投资者关系活动记录表 编号：2021-001 | --- | --- | --- | |---------------------|--------------------------------------------------------------|-------------| | | □特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | | 投资者关系活动类 别 | □新闻发布会 | □路演活动 | | | □现场参观 □一对一沟通 | | | | 其他 （电话会议交流） | | | | 国元证券 | 凌晨 | | | 国泰基金 徐毅梁 | | | | 珠江人寿保险股份有限公司 李泽 | | | | 中庚基金 | 吕佩瑾 | | 参与单位名称及人 | 重阳投资 庄达 | | | 员姓名 | 万家基金 刘林峰 | | | | 东吴基金 陈伟斌 | | | | 太平资产 岳雄伟 | | | | 长信基金 何增华 | | | | 融通基金 孙卫党 | | | 时间 | 2021 年 11 月 | 23 日下午 ...

Financial Performance - Revenue for Q3 2022 reached ¥223,197,582.23, an increase of 48.26% compared to the same period last year[5] - Net profit attributable to shareholders was ¥27,428,094.14, up 17.95% year-on-year[5] - The basic earnings per share for Q3 2022 was ¥0.17, reflecting a growth of 21.43% compared to the previous year[5] - The company's operating revenue for Q3 2022 reached ¥575,806,723.03, an increase of 42.90% compared to ¥402,943,304.96 in the same period last year, primarily due to an increase in sales orders[10] - Net profit for the current period was ¥78,318,839.40, representing a 43.9% increase from ¥54,385,431.30 in the same period last year[23] - The company reported a total profit of ¥88,954,896.35, an increase of 46.1% from ¥60,876,489.92 in the previous period[23] Assets and Liabilities - Total assets as of September 30, 2022, amounted to ¥940,501,180.83, representing a 13.92% increase from the end of the previous year[5] - Current assets amounted to CNY 608,837,331.40, up from CNY 500,111,579.64, indicating a growth of about 21.7%[19] - Total liabilities increased to CNY 126,646,041.53 from CNY 49,789,328.16, reflecting a substantial rise of approximately 154.5%[20] - Short-term borrowings were reported at CNY 60,000,000.00, with current liabilities totaling CNY 118,330,880.60, a significant increase from CNY 42,934,708.24[20] Cash Flow - The company reported a net cash flow from operating activities of ¥2,196,995.31, which is a significant increase of 111.20% year-to-date[5] - The net cash flow from operating activities improved to ¥2,196,995.31, a turnaround of 111.20% from a negative cash flow of -¥19,619,950.91 in the previous period, driven by increased sales collections[10] - Cash flow from operating activities generated a net amount of ¥2,196,995.31, a recovery from a negative cash flow of ¥19,619,950.91 in the prior period[24] - The net cash flow from investing activities was -¥11,412,205.86, a decline of 131.29% from ¥36,468,565.07, primarily due to higher purchases of financial products compared to redemptions[10] - Investment activities resulted in a net cash outflow of ¥11,412,205.86, contrasting with a net inflow of ¥36,468,565.07 in the prior period[24] Equity and Shareholder Information - The total equity attributable to shareholders increased by 4.90% to ¥813,855,139.30 compared to the end of the previous year[5] - The company's capital stock increased by 50.44% to ¥165,900,000.00 due to the conversion of capital reserves into share capital[9] - The company's equity attributable to shareholders reached CNY 813,855,139.30, up from CNY 775,809,789.90, indicating a growth of about 4.9%[20] - The company’s retained earnings increased to CNY 313,085,074.22 from CNY 278,878,234.82, showing a growth of about 12.3%[20] Expenses and Costs - Operating costs rose to ¥446,865,708.09, reflecting a 47.69% increase from ¥302,574,259.38, attributed to the growth in operating revenue[10] - Total operating costs amounted to ¥487,748,490.96, up 41.8% from ¥344,280,900.62 in the prior period[22] - The company reported a 63.86% increase in income tax expenses, totaling ¥10,636,056.95, up from ¥6,491,058.62, due to higher total profits[10] - Research and development expenses were ¥21,343,854.68, up from ¥19,899,745.27, indicating a focus on innovation[22] Other Income and Gains - Other income rose by 103.17% to ¥1,657,049.21, compared to ¥815,607.53, mainly from government subsidies received during the reporting period[10] - The company experienced a 226.07% increase in non-operating income, reaching ¥922,563.40, up from ¥282,931.98, primarily due to high-tech subsidies received by its subsidiary[10] - Financial expenses showed a significant decrease, reporting a gain of ¥3,927,950.14 compared to an expense of ¥727,795.05, a change of -639.71%, mainly due to foreign exchange gains from USD fluctuations[10] Accounts Receivable and Inventory - Accounts receivable increased by 49.90% to ¥178,731,263.45 due to higher revenue during the reporting period[9] - Inventory levels increased to CNY 207,552,023.61 from CNY 175,970,349.78, showing a growth of about 18.0%[19] - The company’s credit impairment losses increased by 76.76% to -¥4,092,648.22, compared to -¥2,315,315.58, attributed to the growth in accounts receivable due to increased sales revenue[10]

证券代码：300828 证券简称：锐新科技 公告编号：2022-047 天津锐新昌科技股份有限公司 关于参加"2022 年度天津辖区上市公司半年报业绩 说明会与投资者网上集体接待日"活动的公告 本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。 天津锐新昌科技股份有限公司（以下简称"公司"）于 2022 年 8 月 26 日发布了《天津 锐新昌科技股份有限公司 2022 年半年度报告》。为便于广大投资者更深入全面地了解公司情 况，公司定于 2022 年 9 月 6 日（周二）下午 13：40-16：40 参加由天津证监局主办、天津上 市公司协会与深圳市全景网络有限公司协办的"2022 年度天津辖区上市公司半年报业绩说明 会与投资者网上集体接待日"活动，现将有关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景· 路演"（http://rs.p5w.net） 参与本次互动交流。网上互动交流时间为 2022 年 9 月 6 日（星期二）下午 15:00-16:30。 出席本次网上集体接待日活动的人员有：公司董事长兼总经理国占昌先生，公司董事、 财务总 ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 352,609,140.80, representing a 39.70% increase compared to CNY 252,399,647.61 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was CNY 50,890,745.26, a 63.47% increase from CNY 31,131,666.92 year-on-year[20]. - The net profit after deducting non-recurring gains and losses was CNY 48,454,108.20, up 70.49% from CNY 28,420,582.28 in the previous year[20]. - The basic earnings per share increased to CNY 0.31, a rise of 63.16% compared to CNY 0.19 in the same period last year[20]. - The total assets at the end of the reporting period were CNY 865,546,233.24, reflecting a 4.84% increase from CNY 825,599,118.06 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company were CNY 783,664,048.91, a slight increase of 1.01% from CNY 775,809,789.90 at the end of the previous year[20]. - The company reported a total non-operating income of 2,436,637.06, which includes government subsidies of 874,678.40 and other non-recurring gains[24]. - The company achieved a revenue of CNY 352.61 million in the first half of 2022, representing a 39.70% increase compared to the same period last year[50]. - The net profit attributable to shareholders reached CNY 50.89 million, marking a 63.47% year-on-year growth[50]. - The company's total assets increased by 4.84% to CNY 865.55 million, while the net assets attributable to shareholders rose by 1.01% to CNY 783.66 million[50]. Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY -14,661,386.90, a significant decrease of 284.12% compared to CNY 7,962,790.45 in the same period last year[20]. - Cash and cash equivalents decreased by 48.24% to CNY 10.90 million, primarily due to increased procurement of raw materials[53]. - Cash and cash equivalents increased to ¥46,190,598.10, representing 5.34% of total assets, up from 4.27% last year, a change of 1.07%[58]. - Accounts receivable rose to ¥151,383,143.35, accounting for 17.49% of total assets, an increase of 3.05% due to revenue growth and increased collection during the reporting period[58]. - Inventory increased to ¥222,994,969.85, making up 25.76% of total assets, up 4.45% as a result of revenue growth[58]. - Short-term borrowings amounted to ¥20,400,000.00, representing 2.36% of total assets, primarily due to the acquisition of bank working capital loans during the reporting period[58]. - The company reported a total cash inflow from operating activities of 255,834,268.94 CNY, compared to 204,421,000.75 CNY in the first half of 2021[158]. - The cash flow from sales of goods and services increased to 234,753,082.18 CNY, up from 195,362,508.82 CNY in the previous year[158]. Market and Industry Insights - The company operates in the industrial precision aluminum alloy parts sector, focusing on power electronics heat sinks, automotive lightweight components, and precision parts for industrial automation and medical devices[28]. - The inverter market is projected to grow from 825 billion in 2020 to 2,153 billion by 2025, with a compound annual growth rate (CAGR) of 21%[28]. - The demand for aluminum in the automotive sector is expected to reach 18.85 million tons by 2025, with a CAGR of 8.8% from 2020 to 2025, and a staggering 49% growth for aluminum used in new energy vehicles[29]. - The company is positioned to benefit from the growth opportunities in clean energy sectors, including wind, solar, and energy storage, aligning with national policies on carbon neutrality[28]. - The new energy vehicle market is expected to see sales of new energy vehicles reach 20% of total vehicle sales by 2025, with a 120% year-on-year increase in production and sales in the first half of 2022[45]. Strategic Initiatives - The company emphasizes a customized production model, focusing on collaborative development based on customer design requirements[40]. - The company’s sales model is direct sales, targeting end customers, with pricing based on a combination of benchmark aluminum prices and processing fees[40]. - The company has established strategic partnerships with core clients, increasing market share and actively expanding into new product areas within existing client groups[41]. - The company focuses on high-end industrial clients, providing customized precision aluminum alloy components, and has a comprehensive production management system to enhance efficiency and cost advantages[42]. - The company is committed to continuous technological innovation and collaboration with core clients to drive industry upgrades towards automation and integration[44]. Shareholder and Governance Matters - The company plans not to distribute cash dividends or issue bonus shares for the current period[5]. - The company emphasizes the protection of shareholder rights and has implemented a cash dividend policy to ensure returns on investments[84]. - The company maintains a robust corporate governance structure, ensuring accurate and timely information disclosure to protect shareholder rights[86]. - The total number of common shareholders at the end of the reporting period is 13,386[124]. - The largest shareholder, Guo Zhan Chang, holds 33.12% of shares, totaling 54,939,000 shares, with an increase of 18,313,000 shares during the reporting period[124]. Environmental and Social Responsibility - The company actively promotes energy conservation and environmental protection measures in its operations[85]. - The company emphasizes environmental protection as a key component of its sustainable development strategy, implementing measures to reduce emissions and achieve zero discharge[86]. - The company has not faced any significant environmental pollution incidents during the reporting period[85]. Research and Development - The company invested CNY 13.38 million in R&D, reflecting a 2.03% increase from the previous year[53]. - Research and development expenses decreased to ¥8,056,768.03 from ¥9,446,974.65, showing a reduction of about 14.7%[151]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge in the market[163]. Financial Reporting and Compliance - The financial report was approved by the board of directors on August 25, 2022, ensuring compliance with regulatory requirements[173]. - The company's accounting policies are aligned with the enterprise accounting standards, ensuring accurate financial representation[178]. - The company includes all controlled subsidiaries and structured entities in the consolidated financial statements[184].

Financial Performance - The company's revenue for Q1 2022 was CNY 163,546,575.95, representing a 54.32% increase compared to CNY 105,980,792.51 in the same period last year[3] - Net profit attributable to shareholders for Q1 2022 was CNY 21,848,098.92, up 61.04% from CNY 13,566,858.96 year-over-year[3] - The basic earnings per share increased by 66.67% to CNY 0.20 from CNY 0.12 in the previous year[3] - The total operating revenue for Q1 2022 was CNY 163,546,575.95, representing an increase of 54.4% compared to CNY 105,980,792.51 in the same period last year[17] - The net profit for Q1 2022 reached CNY 21,848,098.92, a significant increase of 61.3% from CNY 13,566,858.96 in Q1 2021[18] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.20, compared to CNY 0.12 in the previous year, reflecting a 66.7% increase[19] Assets and Liabilities - The company's total assets as of March 31, 2022, were CNY 843,757,813.64, a 2.20% increase from CNY 825,599,118.06 at the end of the previous year[3] - Total current assets amount to 518,650,889.41 RMB, an increase from 500,111,579.64 RMB at the beginning of the year[15] - Total assets reached 843,757,813.64 RMB, compared to 825,599,118.06 RMB at the start of the year[15] - The total liabilities decreased to CNY 46,099,924.82 in Q1 2022 from CNY 49,789,328.16 in the previous year, indicating a reduction of 5.4%[16] - The total equity attributable to shareholders increased to CNY 797,657,888.82 in Q1 2022 from CNY 775,809,789.90 in Q1 2021, marking a growth of 2.8%[16] Cash Flow - Cash flow from operating activities decreased by 44.75% to CNY 7,815,940.65 from CNY 14,147,155.05 in the same period last year[3] - The cash inflow from operating activities for Q1 2022 was CNY 161,387,017.24, compared to CNY 114,413,517.24 in Q1 2021, an increase of 40.9%[20] - The cash flow from operating activities for Q1 2022 was CNY 7,815,940.65, compared to CNY 14,147,155.05 in Q1 2021[20] - Total cash and cash equivalents at the end of the period were 30,565,502.24 CNY, down from 47,787,366.80 CNY year-over-year[21] - The beginning balance of cash and cash equivalents was 35,292,950.58 CNY, compared to 38,213,886.52 CNY in the previous year[21] Investments and Income - Investment income surged by 313.60% to CNY 680,599.84, attributed to increased bank wealth management purchases[8] - The cash received from investment income was 680,599.84 CNY, up from 230,955.88 CNY year-over-year[21] - The net cash flow from investment activities was -12,487,687.88 CNY, compared to -4,792,664.43 CNY in the previous year, indicating a decline in investment performance[21] - Cash inflow from investment activities totaled 169,511,106.89 CNY, while cash outflow was 181,998,794.77 CNY, resulting in a negative cash flow from investments[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,659[10] - The largest shareholder, Guo Zhan Chang, holds 33.21% of shares, totaling 36,626,000 shares[11] Expenses - The total operating costs for Q1 2022 were CNY 138,240,117.32, up 52.4% from CNY 90,696,028.73 in Q1 2021[17] - Research and development expenses for Q1 2022 were CNY 5,847,844.58, slightly down from CNY 6,362,466.02 in the same period last year[17] - The company’s income tax expense increased by 47.48% to CNY 3,912,198.69, driven by higher total profits[8] - The company’s tax expenses for Q1 2022 were CNY 3,912,198.69, up from CNY 2,652,635.16 in Q1 2021, reflecting a rise of 47.5%[18] Other Information - The company received government subsidies amounting to CNY 320,149.57, a 37.39% increase compared to the previous year[8] - The company has no preferred shareholders or significant changes in restricted shares[13] - The company did not conduct an audit for the first quarter report[22]

Financial Performance - The company's operating revenue for 2021 was approximately ¥574.50 million, representing a 55.91% increase compared to ¥368.48 million in 2020[17]. - The net profit attributable to shareholders for 2021 was approximately ¥75.70 million, a 15.14% increase from ¥65.75 million in 2020[17]. - The net profit after deducting non-recurring gains and losses was approximately ¥71.01 million, reflecting a 19.80% increase from ¥59.27 million in 2020[17]. - The basic earnings per share for 2021 was ¥0.69, up 6.15% from ¥0.65 in 2020[17]. - The total assets at the end of 2021 amounted to approximately ¥825.60 million, a 5.46% increase from ¥782.87 million at the end of 2020[17]. - The net assets attributable to shareholders at the end of 2021 were approximately ¥775.81 million, a 5.81% increase from ¥733.19 million at the end of 2020[17]. - The net cash flow from operating activities for 2021 was approximately ¥6.97 million, a significant decrease of 89.98% compared to ¥69.53 million in 2020[17]. - The weighted average return on equity for 2021 was 10.07%, down from 10.74% in 2020[17]. - The gross profit margin decreased to 24.74%, down by 8.94% compared to the previous year[63]. - The company’s revenue from power electronic radiators was CNY 276.44 million, a 37.95% increase year-on-year[61]. - Revenue from automotive lightweight components grew by 75.26%, amounting to CNY 131.19 million[61]. - The company’s export revenue increased by 49.41% in 2021[56]. - The company’s sales in the domestic market reached CNY 457.15 million, a year-on-year increase of 57.67%[63]. Research and Development - R&D investment for 2021 was CNY 27.48 million, a 50.3% increase from the previous year[59]. - The company holds a total of 57 patents, including 11 invention patents, with most patents applied in production[59]. - The number of R&D personnel increased to 98 in 2021, up 10.11% from 89 in 2020, with R&D staff now constituting 17.69% of the total workforce[74]. - The company is focusing on developing new energy-efficient cooling technologies, which are expected to enhance production efficiency and product quality[72]. - The company has a strong focus on R&D for new products, including lightweight components for new energy vehicles, which are expected to see a significant increase in demand[34]. Market and Industry Outlook - The company operates in the industrial precision aluminum alloy parts sector, with significant growth opportunities in clean energy and automotive lightweighting due to national policies on carbon neutrality[26]. - The inverter market is projected to reach 883 billion by 2025, driven by growth in energy-saving variable frequency drives[26]. - The market for inverters related to wind power, photovoltaics, and new energy vehicles is expected to grow from 825 billion in 2020 to 2,153 billion by 2025, with a compound annual growth rate of 21%[27]. - The global demand for aluminum in the automotive sector is expected to reach 18.85 million tons by 2025, with a compound annual growth rate of 8.8% from 2020 to 2025[27]. - The demand for aluminum alloy components is expected to grow due to the automotive lightweight trend, with significant applications in electric vehicles and traditional cars[47]. Production and Operations - The company adopts a "make-to-order" production model, ensuring flexibility and responsiveness to customer needs[44]. - The company has a comprehensive production management system and advanced automated production equipment, enhancing efficiency and cost advantages[45]. - The company plans to develop a production capacity of 8 million electric power electronic heat sinks annually to strengthen its market position[99]. - The production capacity for water-cooled bases for new energy vehicles is expected to reach 1 million units per year[100]. - The company aims to produce 500,000 automotive bumpers annually, focusing on high-strength and high-toughness materials[100]. - The annual production capacity for copper heat sink components for power management systems in new energy vehicles is projected to be 600,000 units[100]. Governance and Compliance - The company maintains a robust governance structure, ensuring compliance with relevant laws and regulations, and operates independently from its controlling shareholder[107]. - The company has established a fair and transparent performance evaluation and incentive mechanism for senior management, ensuring compliance with legal regulations[109]. - The company has implemented a self-evaluation of internal controls for the reporting period[128]. - The company has strengthened internal control systems and enhanced internal audit supervision to improve the depth and breadth of internal auditing[146]. - The company has not faced any penalties from securities regulatory authorities for directors, supervisors, and senior management in the past three years[123]. Shareholder and Investor Relations - The company plans to distribute a cash dividend of ¥4.00 per 10 shares, with a capital reserve increase of 5 shares for every 10 shares held[4]. - The total distributable profit for the reporting period was 262,954,794.46 CNY, with cash dividends accounting for 100% of the profit distribution[144]. - The company has actively engaged with investors through various communication channels to ensure transparency and protect shareholder rights[154]. - The company has committed to fulfilling all promises made during the acquisition and restructuring processes, ensuring compliance with relevant laws and regulations[159]. Environmental and Social Responsibility - The company emphasizes environmental protection as a key component of its sustainable development strategy, implementing measures to reduce emissions and achieve zero discharge of wastewater[156]. - The company has made significant investments in environmental technology research to advance its eco-friendly initiatives[156]. - The company has no instances of major shareholders or related parties occupying company funds during the reporting period[154]. - The company has not experienced any major environmental pollution incidents in 2020, reflecting its commitment to environmental management[158]. Risks and Challenges - The company faces risks related to customer concentration, as major clients include Schneider, ABB, GE, Siemens, and Delta, which could impact revenue if their operational conditions change adversely[102]. - The company is exposed to aluminum price fluctuations, which significantly affect its cost structure, and has mechanisms in place to adjust pricing with suppliers and customers to mitigate this risk[103]. - The company is actively monitoring the impact of the COVID-19 pandemic on its operations and is implementing measures to ensure orderly production[104].

Financial Performance - The company's revenue for Q3 2021 reached ¥150,543,657.35, representing a 49.94% increase compared to the same period last year[3] - Net profit attributable to shareholders was ¥23,253,764.38, up 30.32% year-on-year[3] - The basic earnings per share for the period was ¥0.21, reflecting a 31.25% increase compared to the previous year[3] - Total operating revenue for the current period reached ¥402,943,304.96, a significant increase of 50.4% compared to ¥267,780,905.83 in the previous period[21] - Net profit for the current period was ¥54,385,431.30, representing a 17.5% increase from ¥46,016,329.64 in the previous period[22] - Basic and diluted earnings per share for the current period were both ¥0.49, compared to ¥0.47 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥792,432,512.71, a 1.22% increase from the end of the previous year[3] - The company's current assets totaled CNY 467,438,192.94, compared to CNY 449,271,501.22 at the end of 2020, indicating an increase of about 4.1%[17] - Total liabilities decreased to ¥37,958,046.85 from ¥49,673,040.81 in the previous period[22] - Current liabilities decreased to CNY 31,078,149.72 from CNY 43,557,269.27, a reduction of about 28.6%[18] - Total equity attributable to shareholders of the parent company increased to ¥754,474,465.86 from ¥733,192,134.56 in the previous period[22] Cash Flow - The company reported a net cash flow from operating activities of -¥19,619,950.91, a decrease of 136.44% compared to the previous year[8] - The net cash flow from operating activities was negative at -¥19,619,950.91, compared to a positive ¥53,839,409.00 in the previous period[26] - Cash inflow from investment activities was ¥735,337,607.45, significantly higher than ¥147,371,280.47 in the previous period[26] - The company reported a net cash flow from investment activities of ¥36,468,565.07, recovering from a negative cash flow of -¥170,668,576.49 in the previous period[26] - Net cash flow from financing activities was -31,453,920.00 CNY, indicating a decrease compared to the previous quarter[27] - The net increase in cash and cash equivalents was -15,226,852.80 CNY, contrasting with an increase of 30,857,653.49 CNY in the previous quarter[27] Research and Development - Research and development expenses increased by 51.15% to ¥19,899,745.27, indicating a focus on innovation[8] - Research and development expenses increased to ¥19,899,745.27, up 50.4% from ¥13,165,467.89 in the previous period[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,920[10] - The company reported a total of 54,705,375 shares under lock-up agreements, with no new shares added during the period[14] - The company has a total of 36,626,000 shares under initial public offering lock-up, which remains unchanged[12] - The company is actively managing its shareholder structure, with significant holdings by major shareholders such as Shanghai Guo Shi Investment Partnership[11] - The company is focused on maintaining compliance with the regulations set forth by the Shenzhen Stock Exchange regarding shareholding and lock-up periods[14] Inventory and Receivables - The company’s inventory increased by 40.22% to ¥164,432,263.17, driven by higher order volumes[7] - Accounts receivable rose to CNY 115,160,470.44, up from CNY 91,528,549.76, marking an increase of around 25.8%[17] - Inventory increased significantly to CNY 164,432,263.17 from CNY 117,263,476.26, which is an increase of approximately 40.2%[17] Other Information - Cash and cash equivalents decreased to CNY 22,987,033.72 from CNY 38,213,886.52, representing a decline of approximately 39.5%[17] - Total cash and cash equivalents at the end of the period were 22,987,033.72 CNY, down from 42,867,600.36 CNY at the beginning of the period[27] - The impact of exchange rate changes on cash and cash equivalents was -621,546.96 CNY[27] - The company did not undergo an audit for the third quarter report[28] - The company has not applied the new leasing standards for the financial statements[28]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥252,399,647.61, representing a 50.80% increase compared to ¥167,376,125.31 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2021 was ¥31,131,666.92, which is a 10.50% increase from ¥28,172,708.61 in the previous year[21]. - Basic earnings per share for the first half of 2021 were ¥0.28, down 9.68% from ¥0.31 in the previous year[21]. - The company achieved operating revenue of 252.40 million yuan, a year-on-year increase of 50.80%[48]. - The net profit attributable to shareholders was 31.13 million yuan, reflecting a year-on-year growth of 10.50%[48]. - The total profit distribution for the period is 33,084,000.00 CNY[177]. - The total comprehensive income for the first half of 2021 was CNY 29,052,753, an increase compared to the previous year[178]. Cash Flow and Investments - The net cash flow from operating activities decreased by 65.31%, amounting to ¥7,962,790.45 compared to ¥22,954,120.64 in the same period last year[21]. - The company achieved a net increase in cash and cash equivalents of ¥21,052,269.90, a 263.73% increase from ¥5,787,895.63, mainly due to the recovery of financial investments[58]. - The total cash inflow from investment activities was CNY 439,061,446.89, significantly higher than CNY 83,926,474.58 in the previous year, marking an increase of 423.5%[163]. - The net cash flow from investment activities was CNY 45,164,940.50, recovering from a negative cash flow of CNY 193,052,587.46 in the first half of 2020[163]. - The cash inflow from sales of goods and services was CNY 195,362,508.82, up from CNY 148,254,541.14 in the same period last year, reflecting a growth of 31.7%[165]. Assets and Liabilities - Total assets at the end of the reporting period were ¥774,533,593.62, a decrease of 1.06% from ¥782,865,175.37 at the end of the previous year[21]. - The total liabilities decreased to CNY 22,771,727.70 from CNY 20,182,354.35 in the previous year[151]. - The total equity attributable to shareholders was CNY 722,092,530.85, down from CNY 727,348,284.83 at the end of 2020[151]. - The company's total assets as of June 30, 2021, were CNY 744,864,258.55, slightly down from CNY 747,530,639.18 at the end of 2020[150]. Research and Development - Research and development investment rose by 66.38% to ¥13,117,519.51 from ¥7,884,070.45, indicating a significant increase in R&D efforts[58]. - The company emphasizes technological innovation and has increased investment in R&D to enhance its competitive edge in the market[50]. - The company is focusing on developing new aluminum alloy radiator products for 5G and renewable energy sectors, with some products entering mass supply[49]. Market and Industry Position - The company operates in the "C33 Metal Products Industry," specifically in the manufacturing of industrial precision aluminum alloy components[29]. - The market for inverters is projected to reach CNY 57.6 billion in 2021, with expectations to grow to CNY 137.7 billion by 2025 and CNY 392.7 billion by 2030[43]. - The company’s electric power electronic heat sinks are critical components in inverters and wind power generation equipment, enhancing its competitive position in these markets[45]. - The company’s automotive lightweight components are primarily used in traditional and new energy vehicles, contributing to the lightweighting trend in the automotive industry[32]. Corporate Governance and Compliance - The company has a robust corporate governance structure, ensuring accurate and timely information disclosure to protect investor rights[96]. - The financial report was approved by the board of directors on August 23, 2021, indicating timely financial disclosures[180]. - The company has not engaged in any major related party transactions or non-operating fund occupation[101][108]. Shareholder Information - The company did not distribute cash dividends or issue bonus shares during the reporting period, indicating a focus on reinvestment[89]. - Major shareholders include Guo Zhan Chang with 33.21% (36,626,000 shares) and Guo Jia with 15.08% (16,630,000 shares)[131]. - The total number of shares before the change was 110,280,000, with 75% being restricted shares, which decreased to 49.61% after the change[125]. Risk Factors - The company faces customer concentration risk, primarily relying on major clients such as Schneider, ABB, GE, and Siemens, which could impact revenue and profit if these clients experience adverse conditions[82]. - The global COVID-19 pandemic poses a risk to the company's production and operations, prompting the company to closely monitor and respond to pandemic-related developments[83]. Environmental and Social Responsibility - The company has implemented environmental protection measures, achieving zero major pollution incidents in 2020[98]. - The company adheres to national environmental regulations and has made significant progress in energy conservation and emissions reduction[96]. - The company has established a comprehensive management system for employee welfare, ensuring legal employment and adequate social security contributions[94].