证券代码：300923 证券简称：研奥股份 公告编号：2023-023 为充分尊重投资者、提升交流的针对性，现就公司 2022 年 度网上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 12 日 15:00 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。 研奥电气股份有限公司 关于举行 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容的真实、准 确、完整，没有虚假记载、误导性陈述或重大遗漏。 研奥电气股份有限公司（以下简称"公司"）2022 年年度 报告全文及其摘要已于 2023 年 4 月 24 日披露。为了更好地与 广大投资者进行交流，便于投资者进一步了解公司的生产经营 情况，公司定于 2023 年 5 月 12 日（星期五）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• 路演天下"(http: //rs.p5w.net) ...

Financial Performance - The company's operating revenue for 2022 was ¥422,634,327.68, representing a 3.41% increase compared to ¥408,708,896.46 in 2021[17]. - The net profit attributable to shareholders decreased by 33.74% to ¥49,920,009.86 in 2022 from ¥75,334,379.95 in 2021[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥43,241,020.15, down 14.75% from ¥50,724,993.07 in the previous year[17]. - The cash flow from operating activities showed a significant decline of 90.45%, dropping to ¥5,362,061.58 from ¥56,139,061.67 in 2021[17]. - The total assets at the end of 2022 were ¥1,363,533,859.05, an increase of 1.98% from ¥1,337,123,037.31 at the end of 2021[17]. - The company reported a basic earnings per share of ¥0.64, a decrease of 33.33% compared to ¥0.96 in 2021[17]. - The company reported a net profit attributable to shareholders of RMB 49,920,009.86 for the 2022 fiscal year, with the parent company achieving a net profit of RMB 39,679,160.61[160]. - The proposed cash dividend for 2022 is RMB 2.80 per 10 shares (including tax), with a total cash distribution amounting to RMB 22,008,000.00, which is 100% of the profit distribution total[158][160]. - The total distributable profit as of December 31, 2022, is RMB 179,711,798.73 for the parent company, after accounting for the legal surplus reserve and previous distributions[160]. Market Position and Strategy - The company continues to expand its market presence through its subsidiaries across various regions in China[10]. - The company is positioned in the urban rail transit equipment manufacturing sector, which is experiencing significant growth due to government support and market expansion[27]. - The company aims to enhance its autonomous technology innovation capabilities and develop new technologies and products, aligning with the "14th Five-Year Plan" for urban rail transit[30]. - The company plans to continue deepening its focus on the rail transit vehicle equipment market, emphasizing product innovation and technology upgrades[94]. - The company plans to establish a production service base in Chengdu to cover the southwestern market[94]. - The company is exploring potential acquisitions to enhance its product portfolio, with a budget of 500 million RMB allocated for this purpose[139]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[197]. Research and Development - The company increased its R&D investment by 2.78 million yuan, a growth of 16.56% compared to the previous year[39]. - The company is investing 200 million yuan in R&D for new technologies aimed at enhancing product efficiency and sustainability[138]. - The number of R&D personnel increased by 25% from 68 in 2021 to 85 in 2022, representing 12.39% of the total workforce[73]. - R&D investment amounted to ¥19,549,123.01 in 2022, up from ¥16,771,722.02 in 2021, with a revenue ratio of 4.63%[73]. - The company is committed to continuous R&D investment to keep pace with technological advancements in the rail transit equipment sector, ensuring competitive advantage[105]. Governance and Management - The company has established a governance structure with a shareholders' meeting as the highest authority, a board of directors for decision-making, and a supervisory board for oversight[121]. - The company has established a performance evaluation and incentive mechanism for its directors and senior management, promoting transparency and fairness[113]. - The company has a complete and independent labor, personnel, and compensation system, ensuring no interference from major shareholders in personnel decisions[116]. - The company is focused on enhancing its management processes to ensure effective governance and compliance with relevant laws and regulations[111]. - The company is undergoing a board restructuring, with nominations for new independent directors and candidates for the third board session[148]. Risk Management - The company faces risks from high customer concentration, primarily relying on major clients like CRRC Corporation Limited, which could adversely affect future performance if client relationships deteriorate[103]. - The company is exposed to raw material price volatility, which could negatively impact production costs and financial performance if prices fluctuate significantly[102]. - The company recognizes the risk of industry policy changes that could impact market conditions and is prepared to adjust strategies accordingly to mitigate potential impacts[102]. - The company has implemented a prudent bad debt provision policy and increased efforts in accounts receivable collection to gradually reduce the risk of bad debts[107]. Employee Relations and Development - The company has established a comprehensive training system to enhance employee skills, including new employee training and professional skills training[153]. - The employee education level shows that there are 12 with master's degrees or above, 179 with bachelor's degrees, and 254 with associate degrees[151]. - The company has implemented various incentive mechanisms, including performance bonuses and special contribution awards, to encourage employee development and innovation[152]. - The employee stock ownership plan involved 24 employees holding a total of 630,000 shares, representing 0.80% of the company's total equity[163]. Environmental and Social Responsibility - The company operates under the ISO 14001 environmental management system, with all environmental impact indicators meeting standard requirements[174]. - The company adheres to environmental protection regulations, optimizing production processes to reduce waste and emissions[178]. - The company received recognition for its charitable contributions, including a donation certificate from the Changchun City Federation of Industry and Commerce[179]. Future Outlook - The company expects a revenue growth of 20% for the upcoming fiscal year, projecting revenues to reach 1.8 billion yuan[140]. - New product launches are anticipated to contribute an additional 300 million yuan in revenue, with a focus on smart electrical solutions[139]. - The company aims to achieve a 50% reduction in production costs through operational efficiencies by 2024[200]. - The company plans to implement a long-term strategic development plan for 2022-2024, focusing on industry conditions and company growth[147].

Financial Performance - The company's revenue for Q1 2023 was ¥77,831,120.34, a decrease of 21.02% compared to ¥98,546,314.70 in the same period last year[5] - Net profit attributable to shareholders was ¥6,732,474.72, down 38.71% from ¥10,985,256.72 year-on-year[5] - Basic and diluted earnings per share decreased by 35.71% to ¥0.09 from ¥0.14 in the same period last year[5] - Total operating revenue for Q1 2023 was ¥77,831,120.34, a decrease of 21% compared to ¥98,546,314.70 in Q1 2022[21] - Net profit for Q1 2023 was ¥6,732,474.72, representing a decline of 38.5% from ¥10,985,256.72 in Q1 2022[22] - Total comprehensive income for Q1 2023 was ¥6,732,474.72, down from ¥10,985,256.72 in Q1 2022[23] Cash Flow - The net cash flow from operating activities was -¥47,811,249.44, representing a decline of 163.54% compared to -¥18,141,671.60 in the previous year[5] - Cash inflow from operating activities was ¥27,008,594.00, a decrease of 38.5% compared to ¥43,962,371.99 in Q1 2022[23] - The net cash flow from operating activities was -47,811,249.44, compared to -18,141,671.60 in the previous year, indicating a decline in operational performance[25] - Total cash inflow from investment activities was 284,579,808.91, down from 361,602,035.03 year-over-year[25] - The net cash flow from investment activities was 13,533,872.86, significantly lower than 78,852,207.73 in the same period last year[25] - Cash inflow from financing activities totaled 7,979,000.00, compared to 2,300,000.00 in the previous year, showing an increase in financing efforts[25] - The net increase in cash and cash equivalents was -26,298,376.58, contrasting with a positive increase of 63,010,536.13 in the prior year[25] - The ending balance of cash and cash equivalents was 235,865,162.93, down from 297,159,513.67 year-over-year[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,378,888,388.62, an increase of 1.13% from ¥1,363,533,859.05 at the end of the previous year[5] - The company's total liabilities as of Q1 2023 were ¥219,229,847.81, slightly down from ¥220,545,775.43 in the previous quarter[19] - Total equity attributable to shareholders of the parent company increased to ¥1,159,658,540.81 from ¥1,142,988,083.62 in the previous quarter[19] - The total current assets were CNY 1,102,605,934.12, slightly down from CNY 1,102,979,482.81 at the beginning of the year[17] - Inventory increased to CNY 130,200,418.69 from CNY 121,455,441.37, reflecting a growth of approximately 6.4%[17] - Research and development expenses for Q1 2023 were ¥5,116,272.89, an increase of 14.3% compared to ¥4,475,442.41 in Q1 2022[21] Shareholder Information - As of the end of the reporting period, the total number of common shareholders was 9,413[12] - The largest shareholder, Changchun Yan'ao Group, holds 46.03% of the shares, totaling 36,180,000 shares[12] - The total number of shares held by the top ten unrestricted shareholders includes significant holdings by individuals and institutions, indicating a diverse ownership structure[12] Investment and Financing Activities - The company reported a significant increase in investment income of 411.43%, reaching ¥433,878.41 compared to ¥84,836.16 in the previous year[9] - The net cash flow from investing activities decreased by 82.84% to ¥13,533,872.86 from ¥78,852,207.73 year-on-year[10] - The net cash flow from financing activities increased by 246.91% to ¥7,979,000.00 from ¥2,300,000.00 in the previous year[10] Other Information - The company completed the transfer of 630,000 shares to the 2022 employee stock ownership plan, representing 0.8015% of the total share capital[14] - The company has approved the 2022 employee stock ownership plan, which was passed in the shareholder meeting held on December 23, 2022[13] - The company reported a financial asset impairment loss of ¥33,134.94 in Q1 2023, compared to a loss of ¥6,381,212.32 in the same period last year[22] - The company did not undergo an audit for the first quarter report[26]

编号：2022-001 证券代码： 300923 证券简称：研奥股份 研奥电气股份有限公司投资者关系活动记录表 （2021 年年度业绩说明会） | --- | --- | --- | |-------------------------|---------------------------------------------------------------------------------|--------------------------------------------------------------| | | □ 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 | （请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 投资者网上提问 | | | 时间 | 2022 年 5 月 20 日 ( | 周五 ) 下午 15:00~17:00 | | 地点 | 用网络远程的方式召开业绩说明会 | 公司通过全景网"投资者关系互动平台"（ ...

Financial Performance - The company's revenue for Q3 2022 was ¥137,749,366.17, representing a 13.01% increase compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2022 was ¥21,492,214.05, up 16.91% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥19,647,839.92, an increase of 17.70% compared to the previous year[5]. - Total operating revenue for Q3 2022 was ¥311,612,428.68, a decrease of 0.16% compared to ¥313,101,680.70 in Q3 2021[27]. - The net profit for the third quarter of 2022 was CNY 42,063,171.86, a decrease of 26.9% compared to CNY 57,585,645.33 in the same period last year[29]. - The total comprehensive income for the third quarter was CNY 43,146,991.85, down 26.6% from CNY 58,832,079.86 year-over-year[30]. - Basic and diluted earnings per share were both CNY 0.54, compared to CNY 0.73 in the previous year, reflecting a decline of 26.0%[30]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥1,347,561,760.83, reflecting a 0.78% increase from the end of the previous year[5]. - The total liabilities as of September 30, 2022, were ¥212,856,301.44, compared to ¥208,593,726.17 at the end of the previous year[25]. - The company's total assets as of September 30, 2022, amounted to ¥1,347,561,760.83, a slight increase from ¥1,337,123,037.31 at the beginning of the year[24]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥2,454,528.66, a significant decline of 139.55% compared to the same period last year[11]. - Cash inflow from investment activities was CNY 909,593,353.66, down 40.4% from CNY 1,526,620,844.63 year-over-year[32]. - The cash outflow from investment activities totaled CNY 873,038,107.02, a decrease of 53.5% compared to CNY 1,878,112,408.77 in the previous year[32]. - The net cash flow from financing activities was negative CNY 36,970,843.60, worsening from a negative CNY 17,836,083.02 in the same period last year[33]. - The ending cash and cash equivalents balance was CNY 231,278,851.92, a decrease from CNY 527,739,680.47 at the beginning of the period[33]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,690[15]. - The largest shareholder, Changchun Yan'ao Group Co., Ltd., holds 46.03% of shares, totaling 36,180,000 shares[15]. - The company has a total of 630,000 shares repurchased, accounting for 0.8% of the total share capital[16]. - The company has identified several key shareholders with significant stakes, including Wang Xiaoyong with 2.07% and Yan Zhaojin with 1.20%[15]. - The company is actively managing its shareholder structure, with a focus on maintaining control through major shareholders[16]. Operational Metrics - Accounts receivable increased by 43.70% to ¥420,839,638.15, attributed to longer settlement cycles in the industry[11]. - The company reported a 76.26% increase in prepayments, totaling ¥7,122,681.59, due to increased material procurement[11]. - The company recorded a 30.51% rise in accounts payable, reaching ¥92,598,275.98, driven by increased material purchases[11]. - The company reported a decrease in inventory to ¥125,342,088.57 from ¥160,469,079.94, indicating improved inventory management[23]. - Research and development expenses rose to ¥13,484,016.31, reflecting an increase of 21.5% compared to ¥11,094,804.87 in Q3 2021[28]. - The company is focusing on expanding its research and development efforts, as evidenced by the increased R&D expenses, which may lead to new product innovations in the future[28]. Financial Challenges - The cash flow from operating activities showed a net outflow of CNY 2,454,528.66, contrasting with a net inflow of CNY 6,206,062.98 in the same quarter last year[32]. - The company's net profit for the period was not explicitly stated, but the increase in total liabilities and accounts receivable suggests potential cash flow challenges[25]. - The investment income decreased by 53.48% to ¥4,055,754.79, resulting from reduced dividends and returns on idle funds[13]. - The company's financial expenses increased by 263.67% to ¥-6,101,689.71, primarily due to higher interest income[13]. Share Restrictions - The number of restricted shares at the beginning of the period was 46,675,000, with no shares released during the period[20]. - The company plans to unlock 25% of the restricted shares for executives annually during their tenure[20]. - The total number of restricted shares at the end of the period is 46,677,250[20]. - The company has 5,500,000 shares held by Changchun Yan'ao Tongren Investment Partnership, which are also subject to restrictions until December 24, 2023[19]. - The company has a total of 1,687,500 restricted shares held by executive Pei Wei, with a release schedule of 25% annually[19].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥173,863,062.51, a decrease of 9.07% compared to ¥191,208,228.37 in the same period last year[21]. - The net profit attributable to shareholders was ¥20,570,957.81, down 47.53% from ¥39,202,504.43 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥18,492,042.51, a decrease of 43.69% compared to ¥32,838,190.01 in the same period last year[21]. - Basic and diluted earnings per share were both ¥0.26, down 48.00% from ¥0.50 in the same period last year[21]. - The weighted average return on equity decreased to 1.84%, down 1.79% from 3.63% in the previous year[21]. - The company achieved operating revenue of 173.86 million yuan, a decrease of 9.07% compared to the same period last year[41]. - Net profit attributable to shareholders was 20.57 million yuan, down 47.53% year-on-year, while the net profit excluding non-recurring gains and losses was 18.49 million yuan, a decline of 43.69%[41]. - The total comprehensive income for the first half of 2022 was CNY 21,654,777.80, down from CNY 40,448,938.96 in the same period of 2021[163]. - The company reported a total comprehensive income for the period was 78.6 million, reflecting a stable financial performance[179]. Cash Flow and Investments - The net cash flow from operating activities improved to ¥5,686,702.17, a significant increase of 118.74% from a negative cash flow of ¥30,343,640.80 in the previous year[21]. - Investment activities generated a cash flow of $31.56 million, a 109.10% increase, primarily due to reduced purchases of short-term financial products[55]. - The cash flow from operating activities generated a net cash inflow of CNY 5,686,702.17, compared to a net outflow of CNY 30,343,640.80 in the first half of 2021[168]. - The company has committed to invest 40 million yuan in total for various projects, with 16.40 million yuan already invested[72]. - The company has invested 27.17 million yuan in the high-speed rail maintenance production line upgrade project, with a total progress of 18.11%[45]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,329,971,242.28, a slight decrease of 0.53% from ¥1,337,123,037.31 at the end of the previous year[21]. - The net assets attributable to shareholders decreased to ¥1,113,213,245.34, down 1.36% from ¥1,128,529,311.14 at the end of the previous year[21]. - Total liabilities reached ¥216,757,996.94, compared to ¥208,593,726.17 at the start of the year, marking an increase of about 8.4%[156]. - The company’s total liabilities increased to ¥801,000,000.00 from ¥693,000,000.00 in the previous period, indicating a rise of 15.6%[176]. - The company’s total assets at the end of the reporting period were 1,600,000,000 CNY, showcasing its asset base[182]. Research and Development - R&D expenses increased by 29.03% to 8.86 million yuan, reflecting a focus on new product development[41]. - The company focuses on the R&D, production, and sales of electrical equipment for rail vehicles, with a customized production model based on specific customer requirements[34]. - The company emphasizes collaboration with universities and research institutions to enhance its R&D capabilities and technological innovation[37]. - The company plans to enhance its research and development capabilities by attracting industry-leading technical talent and fostering collaboration with upstream and downstream enterprises[85]. Market Position and Strategy - The urban rail transit market is expected to maintain a high investment level during the 14th Five-Year Plan, with the signal control system market projected to reach CNY 10 billion annually[31]. - The company has a strong market position and wide recognition due to its extensive experience and technological strength in the rail transit electrical equipment sector[33]. - The company has established stable partnerships with major manufacturers such as CRRC Changchun Railway Vehicles and CRRC Qingdao Sifang, optimizing customer concentration[32]. - The company aims to maintain steady growth by seizing opportunities in emerging niche markets and improving its service capabilities[84]. - The company is focusing on strategic acquisitions to enhance its market presence and operational capabilities[178]. Risk Management - The company has outlined various risks and countermeasures in its report, emphasizing the importance of risk awareness for investors[3]. - The company faces risks related to industry policy changes, raw material price fluctuations, and high customer concentration, which could impact its operational performance[81][82][83]. - The company plans to strengthen internal controls and maintain good relationships with strategic suppliers to mitigate risks from raw material price volatility[82]. - The company has implemented measures to mitigate risks associated with the ongoing COVID-19 pandemic, ensuring the continuity of production and supply chain operations[89]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company distributed cash dividends of RMB 2.80 per 10 shares, totaling RMB 21,831,600.00 to shareholders for the 2021 fiscal year[101]. - The company reported a total share count of 78,600,000, with no changes in the total number of shares during the reporting period[133]. - The company repurchased a total of 630,000 shares, representing 0.80% of the total share capital, with a total transaction amount of 15,136,520.00 RMB[134]. Compliance and Governance - The financial report for the half-year period was not audited[152]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[99]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[113]. - The company has maintained a good integrity status, with no significant debts or court judgments outstanding[114].

Financial Performance - The company achieved operating revenue of CNY 408.71 million in 2021, an increase of 17.06% compared to the previous year[6]. - Net profit attributable to shareholders reached CNY 75.33 million, up 30.21% year-on-year[6]. - Net profit excluding non-recurring gains and losses was CNY 50.73 million, a decrease of 5.40% from the previous year[6]. - The increase in net profit was primarily due to government subsidies and special financial development funds received in 2021[6]. - Rising prices of raw materials and intensified market competition led to a decrease in gross margin[6]. - The company's operating revenue for 2021 was CNY 408.71 million, an increase of 17.06% compared to CNY 349.14 million in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 75.33 million, representing a growth of 30.21% from CNY 57.86 million in 2020[20]. - The net cash flow from operating activities increased by 26.10% to CNY 56.14 million in 2021, up from CNY 44.52 million in 2020[20]. - The total assets at the end of 2021 reached CNY 1.34 billion, a 10.74% increase from CNY 1.21 billion at the end of 2020[20]. - The company reported a basic earnings per share of CNY 0.96, a decrease of 2.04% compared to CNY 0.98 in 2020[20]. Research and Development - The company increased its investment in R&D to enhance product innovation and iteration[6]. - The company continues to focus on technology research and development to drive growth[6]. - Research and development expenses totaled ¥16,771,700, accounting for 4.10% of revenue, which is an increase of ¥4,721,400 or 39.18% year-on-year[49]. - The total number of R&D personnel increased to 68 in 2021, a rise of 17.24% from 58 in 2020[68]. - The proportion of R&D personnel with a master's degree increased by 25.00%, from 4 in 2020 to 5 in 2021[68]. - The company has developed new products such as an electric lift structure for driver operation consoles in autonomous vehicles, enhancing its core technology competitiveness[67]. - The company is advancing the lightweight and modular upgrade of electrical cabinets, which will provide more customized options for different vehicle models[67]. - The company is in the small batch production phase for a new vehicle logic control unit (LCU) aimed at enhancing vehicle operation reliability[63]. - A distributed online monitoring system for batteries is in the batch production phase, designed to improve wiring complexity and system maintainability[63]. - The company is developing a wireless charging device for rail transit, which is expected to enhance product functionality and market competitiveness[66]. Market Position and Strategy - The company is positioned in the strategic rail transit equipment manufacturing industry, benefiting from supportive national policies and increasing infrastructure investments[30]. - The company secured a significant contract for the Beijing Subway Line 3 project, marking a milestone in market expansion and stabilizing supply performance with CRRC Qingdao Sifang[32]. - The company aims to expand its market presence in Northeast, North China, and East China regions while establishing a production service base in Southwest China centered around Chengdu[94]. - The company plans to continue focusing on the rail transit vehicle equipment market, leveraging rapid industry growth for product innovation and technology upgrades[94]. - The company has maintained a competitive edge in the market with over 30 years of experience in manufacturing rail transit electrical equipment[45]. - The company aims to enhance its market share and expand external market presence while improving accounts receivable collection in 2022[95]. Governance and Compliance - The company has revised its governance structure and internal control systems to comply with legal regulations and enhance operational transparency[110]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with governance standards[111]. - The company has established performance evaluation and incentive mechanisms for its directors and senior management to promote transparency and accountability[113]. - The company prioritizes information disclosure and investor relations, ensuring timely and accurate communication with all investors[114]. - The company maintains independence from its controlling shareholders in terms of business, personnel, assets, and finance, ensuring a complete business system and market-oriented operational capability[116]. - The company has established a governance structure with a shareholders' meeting as the highest authority, a board of directors for decision-making, and an independent audit committee[117]. Risk Management - The company faces risks from potential changes in national industrial policies affecting the rail transit sector, which could impact market conditions and profitability[99]. - Fluctuations in raw material prices pose a risk to production costs and financial performance, prompting the company to adopt strategic procurement methods[100]. - High customer concentration risk exists, primarily with major clients like CRRC Corporation, which could adversely affect future performance if client relationships deteriorate[101]. - Increased competition in the rail transit equipment industry necessitates continuous R&D investment and strategic adjustments to maintain competitive advantages[102]. - The company faces risks related to high accounts receivable, which may impact cash flow and operational capital if not managed effectively[104]. - The company has implemented a prudent bad debt provision policy and strengthened collection efforts to mitigate bad debt risks[104]. Social Responsibility and Community Engagement - The company emphasizes social responsibility and stakeholder cooperation to promote sustainable development[115]. - The company donated 1,000 sets of medical protective clothing to the local government on January 22, 2021, to support pandemic prevention efforts[167]. - The company organized a charity event in Changchun on October 25, 2021, donating 100,000 yuan to support impoverished college students[167]. - The company actively engaged in protecting employee rights and enhancing workplace conditions[165]. - The company conducts regular health and safety training to ensure a safe working environment for employees[171]. Future Outlook - The company provided a future outlook projecting a revenue growth of 25% for the next fiscal year, driven by new product launches and market expansion strategies[183]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[185]. - A strategic acquisition of a local competitor is anticipated to enhance the company's product offerings and increase market penetration by 15%[186]. - The company has set a performance guidance of 1.8 billion RMB in revenue for the next fiscal year, reflecting a 20% increase from the current year[187]. - The company aims to reduce operational costs by 8% through efficiency improvements and automation initiatives in 2022[192].

研奥电气股份有限公司 2022 年第一季度报告全文 证券代码：300923 证券简称：研奥股份 公告编号：2022-028 研奥电气股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带 的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增 | | --- | --- | --- | --- | | | | | 减 | | 营业收入（元） | 98,546,314.70 | 75,906,889.70 | 29.83% | | 归属于上市公司股东的净利润（元） | 10,985,256.72 | 1 ...

Financial Performance - The company's revenue for Q3 2021 reached ¥121,893,452.33, an increase of 32.51% compared to the same period last year[3] - Net profit attributable to shareholders decreased by 3.02% to ¥18,383,140.90 for Q3 2021, while year-to-date net profit increased by 17.20% to ¥57,585,645.33[3] - The company's operating revenue for Q3 2021 was CNY 313,101,680.70, an increase of 26.5% compared to CNY 247,689,138.13 in the same period last year[19] - The net profit for Q3 2021 reached CNY 57,585,645.33, representing a 17.5% increase from CNY 49,132,470.49 in Q3 2020[20] - The basic earnings per share for Q3 2021 was ¥0.23, down 26.88% year-on-year, with diluted earnings per share also at ¥0.23[3] - The company reported a basic earnings per share of CNY 0.73, down from CNY 0.83 in the same quarter last year[20] Assets and Liabilities - Total assets increased by 9.97% to ¥1,327,835,534.58 compared to the end of the previous year[3] - As of September 30, 2021, total assets amounted to CNY 1,327,835,534.58, an increase from CNY 1,207,402,617.33 at the end of 2020, reflecting a growth of approximately 9.96%[14] - Current assets totaled CNY 1,088,525,703.44, up from CNY 997,137,385.96 at the end of 2020, indicating an increase of about 9.14%[14] - The total liabilities increased to CNY 215,624,687.59 from CNY 139,875,850.20, marking a significant rise of 54.1%[19] - Accounts payable increased to CNY 109,270,775.72 from CNY 59,022,088.64, representing a rise of approximately 84.93%[15] Cash Flow - Cash flow from operating activities showed a net decrease of 77.60%, amounting to ¥6,206,062.98, primarily due to increased payments for materials and employee salaries[10] - The company's cash flow from operating activities generated a net amount of CNY 6,206,062.98, a decrease of 77.6% compared to CNY 27,700,941.21 in the previous year[22] - The total cash inflow from investment activities amounted to 1,526,620,844.63 CNY, while cash outflow was 1,878,112,408.77 CNY[23] - The net cash flow from investment activities was -351,491,564.14 CNY, compared to -9,712,795.08 CNY in the previous year[23] - The net cash flow from financing activities was -17,836,083.02 CNY, compared to -29,475,000.00 CNY in the previous year[23] Operating Costs and Expenses - The company experienced a 30.27% increase in operating costs, totaling ¥199,438,411.35, driven by revenue growth and changes in social security policies[10] - Total operating costs amounted to CNY 249,187,464.65, up from CNY 191,999,725.34, reflecting a year-over-year increase of 29.5%[19] - Research and development expenses increased by 46.25% to ¥11,094,804.87, reflecting a rise in R&D activities as pandemic impacts diminished[10] - The company incurred research and development expenses of CNY 11,094,804.87, which is a 46.3% increase from CNY 7,586,369.59 in the same period last year[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,548[11] - The total equity attributable to shareholders reached CNY 1,112,210,846.99, up from CNY 1,067,526,767.13, indicating a growth of 4.2%[19] Other Financial Metrics - The company received government subsidies amounting to ¥4,121,505.77, contributing to other income[6] - The other comprehensive income after tax was CNY 1,246,434.53, a recovery from a loss of CNY 5,266,372.71 in the previous year[20] - The cash received from investment income was 5,464,844.63 CNY, compared to 298,816.02 CNY in the previous year[23] Accounting and Reporting - The report did not provide specific guidance on future performance or new product developments, focusing instead on current financial metrics and asset management strategies[13] - The third quarter report was not audited[26] - The company did not need to adjust the beginning balance of the balance sheet due to the new leasing standards, as it only has short-term leasing operations[25] - The company executed the revised accounting standards for leases starting January 1, 2021, but chose not to recognize right-of-use assets and lease liabilities[25]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥191,208,228.37, representing a 22.80% increase compared to ¥155,701,534.78 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was ¥39,202,504.43, up 29.91% from ¥30,176,887.89 in the previous year[23]. - The basic earnings per share for the reporting period was ¥0.5, a slight decrease of 1.96% from ¥0.51 in the same period last year[23]. - The diluted earnings per share also stood at ¥0.5, down 1.96% compared to ¥0.51 in the previous year[23]. - The total comprehensive income for the first half of 2021 was CNY 33,661,283.94, compared to CNY 19,764,650.90 in the same period of 2020, representing an increase of approximately 70.5%[160]. - The company reported a total comprehensive income of ¥40,448,938.96, compared to ¥21,224,054.28 in the first half of 2020[156]. Cash Flow and Investments - The net cash flow from operating activities was -¥30,343,640.80, a decrease of 171.47% compared to ¥42,454,255.62 in the same period last year[23]. - The company reported a significant increase in cash flow from investment activities, with a net outflow of ¥346,676,368.70, which is a 2,437.80% increase compared to a net outflow of ¥13,660,485.04 in the previous year[52]. - The company’s cash flow from investment activities included significant cash outflows for investments totaling CNY 1,738,097,083.33 in the first half of 2021, compared to CNY 100,000,000.00 in the same period of 2020[168]. - The company received CNY 1,428,000,000.00 from investment recoveries in the first half of 2021, significantly higher than CNY 87,000,000.00 in the same period of 2020[166]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,286,107,658.32, an increase of 6.52% from ¥1,207,402,617.33 at the end of the previous year[23]. - The total liabilities increased to CNY 192,279,952.23 from CNY 139,875,850.20, marking an increase of approximately 37.4%[147]. - The company's cash and cash equivalents decreased significantly to ¥138,816,118.08, down 32.92% from ¥527,742,597.14 at the end of the previous year[58]. - The company’s total assets reached CNY 1,286,107,658.32, up from CNY 1,207,402,617.33, representing an increase of about 6.5%[148]. Research and Development - The company invested a total of 6.87 million yuan in R&D, accounting for 3.59% of operating revenue, an increase of 0.32% compared to the same period last year[39]. - Research and development expenses rose to ¥6,866,567.63, marking a 34.68% increase from ¥5,098,323.49 in the previous year[52]. - The company’s research and development efforts are supported by collaboration with universities and research institutions, enhancing its technological innovation capabilities[31]. Market Position and Strategy - The company primarily engages in the research, development, production, and sales of electrical equipment for rail vehicles, achieving a high market position through a customized order-driven production model[30]. - The company has established a long-term stable partnership with Changchun Railway Vehicles Co., Ltd., a major supplier of urban rail vehicle electrical equipment, enhancing its market position[36]. - The company has successfully entered the qualified supplier list of CRRC Qingdao Sifang Locomotive and is actively expanding its customer base to strengthen its market presence in urban rail transit equipment manufacturing[36]. - The company has a market coverage of 70% in cities with operational urban rail lines in China, demonstrating its extensive project experience[46]. Quality Control and Customer Service - The company has established a comprehensive quality control system, covering all stages from raw material procurement to testing, ensuring product reliability[45]. - The customer acceptance rate for products was 99.72%, indicating a high level of product quality[40]. - The company has established a customer service network across 19 cities, ensuring a 24/7 service response time of within 2 hours for on-site repairs[48]. Risks and Challenges - The company faces risks related to high customer concentration, primarily relying on major manufacturers like CRRC[83]. - The company is actively monitoring industry policies and customer needs to mitigate risks associated with customer concentration[84]. - The company is at risk of cash flow pressure due to high accounts receivable, which may lead to bad debt losses if not managed effectively[89]. - The company faces intensified competition in the rail transit equipment industry due to increased domestic and foreign investment in technology upgrades and localization efforts[85]. Corporate Governance and Compliance - The half-year financial report has not been audited[106]. - There are no significant litigation or arbitration matters during the reporting period[109]. - The company has not experienced any bankruptcy reorganization matters during the reporting period[107]. - The integrity status of the company and its controlling shareholders is good, with no significant debts overdue[110]. Future Plans and Outlook - The company plans to upgrade its urban rail vehicle electrical equipment production line, with a total investment of 110 million yuan[72]. - The company plans to enhance its technical services and actively respond to customer needs to improve customer retention and expand its client base[85]. - The company aims to continuously optimize its innovation system and increase R&D investment to maintain its technological advantages[87].