证券代码：300932 证券简称：三友联众 三友联众集团股份有限公司 投资者关系活动记录表 编号：2022-003 | --- | --- | --- | --- | |-----------------------|--------------------------------------------|--------------------------------------------|----------------------------------------------------------| | 投资者关系活动 \n类别 | 特定对象调研 \n□业绩说明会 \n□现场参观 | □分析师会议 \n□新闻发布会 \n□其他 （ | □媒体采访 \n□路演活动 \n） | | 参与单位名称及 | | | 博时基金：黄继晨、财通证券：徐竞择、泾溪资产：孙方达、 | | 人员姓名 | 安信资管：李珊珊 | | | | 时间 | 2022 年 8 月 30 日 | | | | 地点 | 电话会议 | | | | 上市公司接待人 | | | | | 员姓名 | 副总经理、董事会秘书：王孟君先生 | | ...

证券代码：300932 证券简称：三友联众 三友联众集团股份有限公司 投资者关系活动记录表 编号：2022-002 | --- | --- | --- | --- | |----------------|----------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|-----------| | | | | | | | 特定对象调研 | □分析师会议 | □媒体采访 | | 投资者关系活动 | □业绩说明会 | □新闻发布会 | □路演活动 | | 类别 | □现场参观 | □其他 （ | ） | | | | 华润元大：哈含章、金友创智资产：澤傑、建信信托：程女士、 | | | 参与单位名称及 | | 慎知资产：李浩田、中邮理财：陶俊、银湖资产：潘沛力、 希瓦资产：卓亚、合众资产：张文鹏、森锦投资： ...

证券代码：300932 证券简称：三友联众 三友联众集团股份有限公司 投资者关系活动记录表 编号：2022-007 | --- | --- | --- | --- | |-------------------------|--------------------------------------------|----------------------------------------------------------|----------------------------| | 投资者关系活动 \n类别 | 特定对象调研 \n□业绩说明会 \n□现场参观 | □分析师会议 \n□新闻发布会 \n□其他 （ | □媒体采访 \n□路演活动 \n） | | 参与单位名称及 人员姓名 | 中信建投：朱玥，许琳 | | | | 时间 | 2022 年 10 月 27 日上午 | 10:00-11:00 | | | 地点 | 网络电话形式 | | | | 上市公司接待人 | 副总经理、董事会秘书：王孟君先生 | | | | 员姓名 | 证券事务代表：邝美艳女士 | | | | | 1 、简单介绍公司的基本情况 ...

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 三友联众集团股份有限公司 2022 年第三季度报告 证券代码：300932 证券简称：三友联众 公告编号：2022-074 三友联众集团股份有限公司 □是 否 1 三友联众集团股份有限公司 2022 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年 | 年初至报告期末 | 年初至报告期末 | | --- | --- | --- | --- | --- | | | | 同期增减 | | 比上年同期增减 | | 营业收入（元） | 463,294,311.82 | 3.97% | 1 ...

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[19]. - The company's operating revenue for the reporting period was ¥958,208,049.05, representing a 24.97% increase compared to ¥766,745,553.36 in the same period last year[26]. - The net profit attributable to shareholders decreased by 43.09% to ¥40,017,573.86 from ¥70,318,150.32 year-on-year[26]. - The net profit after deducting non-recurring gains and losses was ¥31,804,743.54, down 46.06% from ¥58,967,290.31 in the previous year[26]. - The gross profit margin improved to 30%, up from 28% in the same period last year[19]. - The company's net profit for the first half of 2022 was CNY 5,724,439.53, a significant decrease from CNY 33,250,534.86 in the same period of 2021, representing a decline of approximately 82.8%[191]. - The total comprehensive income for the first half of 2022 was ¥40,692,598.33, down from ¥70,737,821.78 in the same period of 2021[188]. Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥5,212,377.19, a 176.77% increase from -¥6,789,320.55 in the same period last year[26]. - The total cash inflow from investment activities was CNY 572,914,637.05, compared to CNY 221,941,727.32 in the same period of 2021, showing an increase of approximately 158.5%[192]. - The company reported a net investment income of ¥2,758,996.77, contributing 5.46% to total profit, primarily from structured deposit returns[67]. - The total amount of raised funds is RMB 70,478.17 million, with RMB 9,653.37 million invested during the reporting period[79]. - The company reported a loss of CNY 82,000 from its foreign exchange hedging activities during the first half of 2022[95]. Research and Development - Investment in R&D increased by 25%, totaling RMB 150 million, to support innovation in product development[19]. - The company's R&D investment increased by 40.08%, amounting to ¥41,980,788.13, reflecting the company's emphasis on technological innovation and product development[64]. - As of June 30, 2022, the company held 556 valid patents, including 74 invention patents, demonstrating its commitment to R&D and innovation[51]. Market Strategy and Expansion - The company plans to launch three new products in Q3 2022, focusing on smart home technology[19]. - The company aims to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2023[19]. - The company is exploring potential mergers and acquisitions to enhance its market position in the electronics sector[19]. - The company is focusing on diversifying its product offerings to reduce risks associated with concentrated revenue streams, particularly in the home appliance and electrical equipment manufacturing sectors[101]. Risk Management - The report includes a section on risk factors and management's response strategies, which investors are advised to read carefully[3]. - The company emphasizes that its hedging activities are not for speculation but to mitigate risks associated with raw material price fluctuations[95]. - The company is actively managing foreign exchange risks through hedging strategies to mitigate the impact of currency fluctuations on its sales revenue[104]. Corporate Governance - The management team guarantees the accuracy and completeness of the financial report, with all board members present for the meeting[3]. - The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves[4]. - There were no changes in the board of directors, supervisors, or senior management during the reporting period[112]. Shareholder Information - The total share capital as of the last trading day before the disclosure was 175,881,318 shares[27]. - The largest shareholder, Song Chaoyang, holds 26.27% of the shares, totaling 46,200,000 shares, with an increase of 13,200,000 shares during the reporting period[168]. - The total number of ordinary shareholders at the end of the reporting period was 11,934[165]. Compliance and Social Responsibility - The company strictly adhered to environmental regulations and is not classified as a key pollutant discharge unit[116]. - The company actively engaged in social responsibility initiatives, including voluntary blood donation and community service activities[123]. - The company ensured compliance with information disclosure obligations, providing multiple communication channels for investors[122].

Financial Performance - The company's operating revenue for 2021 was ¥1,692,380,764.52, representing a 29.03% increase compared to ¥1,311,609,533.76 in 2020[21]. - The net profit attributable to shareholders decreased by 21.68% to ¥117,226,645.81 from ¥149,674,014.25 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥95,945,924.67, down 30.14% from ¥137,347,436.10 in 2020[21]. - The basic earnings per share fell by 40.25% to ¥0.95 from ¥1.59 in 2020[21]. - The total assets at the end of 2021 reached ¥2,546,297,220.35, an increase of 85.19% from ¥1,374,986,952.00 at the end of 2020[21]. - The net assets attributable to shareholders increased by 89.22% to ¥1,651,203,209.34 from ¥872,630,475.34 in 2020[21]. - The net cash flow from operating activities was ¥58,281,229.22, a decrease of 32.23% compared to ¥85,992,447.14 in 2020[21]. - The weighted average return on equity was 7.55%, down 11.21% from 18.76% in the previous year[21]. - The company reported a diluted earnings per share of ¥0.95, consistent with the basic earnings per share[21]. - The company achieved total operating revenue of ¥1,692,380,764.52, representing a year-on-year growth of 29.03%[62]. - Relay sales accounted for ¥1,485,136,970.60, which is 87.75% of total revenue, showing a 19.90% increase from ¥1,238,694,862.32 in 2020[79]. - Domestic revenue was ¥1,365,356,678.40, making up 80.68% of total revenue, with a 25.48% increase from ¥1,088,065,936.66 in 2020[79]. - Overseas revenue increased by 46.29% to ¥327,024,086.12, up from ¥223,543,597.10 in 2020, representing 19.32% of total revenue[79]. Dividends and Capital Plans - The company plans to distribute a cash dividend of 3.00 yuan (including tax) for every 10 shares based on a total of 125,629,513 shares, with no bonus shares issued[5]. - The company has a capital reserve plan to increase the share capital by 4 shares for every 10 shares held[5]. Market and Industry Trends - The relay market is projected to reach 50.27 billion by 2025, with an average growth rate of approximately 5.2% from 2020 to 2025[32]. - The global smart grid market is expected to grow from 23.8 billion in 2018 to 61.3 billion in 2023, indicating strong investment trends[35]. - The global transformer market is anticipated to maintain a compound annual growth rate of 4.35%, reaching 10.7 billion by 2026[35]. - The demand for soft magnetic materials is projected to increase from 240,000 tons in 2020 to 490,000 tons by 2025, with a compound annual growth rate of 15.4%[35]. Research and Development - The company has a strong R&D team with 528 authorized patents as of December 31, 2021, including 74 invention patents[49]. - The company’s R&D investment totaled 73,699,303.16 yuan, accounting for 4.35% of operating revenue, focusing on various relay types[68]. - The company has developed a strong R&D and technological innovation advantage, enabling rapid development of new products to meet market demands[50]. - The company is investing 50 million in R&D for new technologies aimed at enhancing product efficiency and sustainability[179]. Acquisitions and Expansion - The company acquired a 55% stake in Qingxian Zeming Langxi Electronic Devices Co., Ltd. in June 2021, expanding its product line to include current transformers[36]. - The company completed the acquisition of Qingxian Zeming in June 2021, which contributed to a one-time gain recognized in the financial results[98]. - The company has established subsidiaries in Canada, South Korea, and Germany to enhance regional sales efforts and strengthen customer relationships[57]. - The company is in the process of constructing new factories in Dongguan and Ningbo, with total investments of ¥42,918,345.01 and ¥33,696,170.40 respectively[111]. Operational Efficiency and Strategy - The company is focusing on digitalization and smart management in its operations to adapt to industry changes and enhance efficiency[32]. - The company has implemented a vertical integration strategy to enhance its component manufacturing capabilities, increasing the production ratio of core components[54]. - The company has established a comprehensive supplier management system, integrating supply chain and information management[73]. - The company is enhancing its talent acquisition and training systems to support sustainable development and innovation capabilities[140]. Risks and Challenges - The company faces risks related to product concentration, particularly in the home appliance and electrical equipment manufacturing sectors[141]. - The ongoing COVID-19 pandemic presents risks such as reduced operational capacity, supply chain disruptions, and delayed deliveries from downstream customers[146]. - Rising labor costs due to economic growth and improved labor regulations pose a risk to future operating profits if automation investments are not sustained[145]. - The company is exposed to investment and operational risks in its overseas markets due to varying political, legal, and market environments[141]. Corporate Governance - The company maintains a complete and independent business system, ensuring no interference from the controlling shareholder in decision-making[154]. - The company has established specialized committees within the board to enhance governance and decision-making processes[156]. - The company complies with all relevant corporate governance regulations, ensuring no significant discrepancies exist[160]. - The company held four shareholder meetings during the reporting period, ensuring compliance with relevant laws and regulations[153]. Employee and Management Information - The total number of employees at the end of the reporting period was 3,807, including 956 at the parent company and 2,851 at major subsidiaries[198]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 5.497 million[188]. - The company has established a remuneration plan for directors and senior management based on their positions and performance evaluations[186]. - The company’s compensation policy is designed to promote long-term mutual development between the company and its employees, focusing on performance and capability[200].

Financial Performance - The company's operating revenue for Q1 2022 was ¥437,328,243.51, representing a 27.48% increase compared to ¥343,055,540.57 in the same period last year[3] - The net profit attributable to shareholders decreased by 36.57% to ¥16,560,214.28 from ¥26,106,928.03 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 45.48% to ¥13,804,356.00 compared to ¥25,321,088.09 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 437,328,243.51, an increase of 27.6% compared to CNY 343,055,540.57 in Q1 2021[23] - Net profit for Q1 2022 was CNY 15,886,380.84, a decrease of 38.8% from CNY 25,944,324.98 in Q1 2021[24] - The company reported a total comprehensive income of CNY 16,000,600.00 for Q1 2022, compared to CNY 26,189,567.36 in Q1 2021[25] Cash Flow - The company's cash flow from operating activities improved significantly, with a net cash flow of -¥28,112,496.68, a 66.69% increase from -¥84,386,464.53 in the same period last year[3] - Cash flow from operating activities for Q1 2022 was CNY 369,412,085.78, significantly higher than CNY 194,543,701.18 in Q1 2021[27] - The net cash flow from operating activities was -28,112,496.68, compared to -84,386,464.53 in the previous year, indicating an improvement[28] - The net cash flow from financing activities was 117,989,605.46, a significant decrease from 640,023,502.19 in the previous year[29] - The total cash and cash equivalents at the end of the period amounted to 196,886,213.50, compared to 525,265,127.66 at the end of the previous year[29] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,700,069,859.95, a 6.04% increase from ¥2,546,297,220.35 at the end of the previous year[3] - Total liabilities increased to CNY 989,654,059.61, up 15.9% from CNY 851,882,020.01 in Q1 2021[21] - The company's non-current assets totaled CNY 1,024,259,742.75, an increase from CNY 920,325,355.66 in Q1 2021[21] Research and Development - Research and development expenses increased by 65.83% to ¥22,552,285.07, reflecting the company's commitment to technological innovation and product development[7] - Research and development expenses increased to CNY 22,552,285.07, up 66.0% from CNY 13,599,802.54 in the previous year[24] Shareholder Information - The weighted average return on net assets decreased to 1.00% from 1.93% in the previous year[3] - The total number of restricted shares at the end of the period was 60,849,270, down from 94,129,513 at the beginning of the period, indicating a reduction of approximately 35.3%[14] - The company has not disclosed any related party transactions among the top shareholders during the reporting period[13] Investments and Subsidiaries - The company established three wholly-owned subsidiaries in Dongguan with an investment of CNY 20 million each to optimize regional layout[15] - The investment limit for a project in Qing County was adjusted to not exceed CNY 51 million, approved by the board and shareholders[16] - The company’s total liabilities and equity structure will be further optimized through strategic investments and adjustments in project funding[15] Inventory and Current Assets - The total current assets at the end of the first quarter were CNY 1,675,810,117.20, an increase from CNY 1,625,971,864.69 at the beginning of the year, reflecting a growth of approximately 3.5%[19] - Cash and cash equivalents increased to CNY 280,482,489.79 from CNY 201,627,242.84, representing a growth of about 39%[19] - Inventory rose to CNY 351,359,912.33 from CNY 315,127,192.01, indicating an increase of approximately 11.5%[19] - The company reported a significant increase in accounts receivable, which stood at CNY 596,095,408.48, up from CNY 581,031,478.58[19] - The company’s fixed assets increased to CNY 534,679,141.66 from CNY 510,547,121.63, reflecting a growth of about 4.7%[19] Audit and Compliance - The company did not undergo an audit for the first quarter report[30]

Dividend and Capital Management - The company plans to distribute a cash dividend of 3.00 CNY per 10 shares to all shareholders, based on a total of 125,629,513 shares[5]. - The company will increase its capital reserve by converting 4 shares for every 10 shares held by shareholders[5]. Governance and Compliance - The board of directors has confirmed that all members attended the meeting to review the annual report[4]. - The financial report has been declared accurate and complete by the company's responsible personnel[4]. - The company has a comprehensive governance structure, including a board of directors and a supervisory board[4]. - The company emphasizes the importance of risk awareness among investors regarding the differences between plans, forecasts, and commitments[5]. - The company maintains a complete and independent business system, ensuring no interference from the controlling shareholder in decision-making[154]. - The company has established specialized committees within the board to enhance governance and decision-making processes[156]. - The company complies with all relevant corporate governance standards, ensuring no significant discrepancies with regulatory requirements[160]. - The company held four shareholder meetings during the reporting period, ensuring compliance with relevant laws and regulations[153]. Financial Performance - The company's operating revenue for 2021 was ¥1,692,380,764.52, representing a 29.03% increase compared to ¥1,311,609,533.76 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥117,226,645.81, a decrease of 21.68% from ¥149,674,014.25 in 2020[21]. - The net profit after deducting non-recurring gains and losses was ¥95,945,924.67, down 30.14% from ¥137,347,436.10 in the previous year[21]. - The net cash flow from operating activities was ¥58,281,229.22, a decline of 32.23% compared to ¥85,992,447.14 in 2020[21]. - Basic earnings per share for 2021 were ¥0.95, a decrease of 40.25% from ¥1.59 in 2020[21]. - Total assets at the end of 2021 reached ¥2,546,297,220.35, an increase of 85.19% from ¥1,374,986,952.00 at the end of 2020[21]. - The net assets attributable to shareholders increased by 89.22% to ¥1,651,203,209.34 from ¥872,630,475.34 in 2020[21]. - The weighted average return on net assets was 7.55%, down 11.21% from 18.76% in 2020[21]. Market Presence and Growth - The company has subsidiaries in various regions, including North America, South Korea, and Germany, indicating a broad market presence[12]. - The company achieved a total revenue of CNY 1,692,380,764.52 in 2021, representing a growth of 29.03% compared to the previous year[47]. - The company has been ranked second in sales in the relay sector for eight consecutive years, according to the China Electronic Components Industry Association[36]. - The company achieved a 46.29% year-on-year increase in overseas revenue, expanding its market presence in regions such as North America, Germany, and India[74]. - The company is focusing on digitalization and smart manufacturing to enhance operational efficiency and product quality in the relay and transformer sectors[32]. Research and Development - The company holds 528 authorized patents as of December 31, 2021, including 74 invention patents, showcasing its strong R&D capabilities[49]. - The company’s R&D investment totaled approximately 73.7 million yuan, accounting for 4.35% of revenue, focusing on various relay types and energy-efficient products[68]. - The company is actively pursuing talent acquisition and development, focusing on R&D, technology, and sales personnel to strengthen its competitive advantage[77]. - Research and development investment has increased by 25%, focusing on innovative technologies and product enhancements[181]. Risks and Challenges - The company does not currently face any significant risks that could affect its normal operations[5]. - The ongoing COVID-19 pandemic presents risks such as reduced operational capacity, supply chain disruptions, and delayed deliveries, which could significantly affect the company's financial status[146]. - The company faces risks related to product segment concentration, particularly in the home appliance and electrical equipment manufacturing sectors[141]. - Raw materials, primarily silver, copper, iron, and plastics, constitute a significant portion of the main business costs, with price fluctuations in international markets affecting procurement and operational costs[144]. Strategic Initiatives - The company is focusing on the development of new energy, artificial intelligence, and smart manufacturing sectors to drive future growth[130]. - The company is implementing a global marketing strategy to expand its presence in emerging markets such as South Asia, the Middle East, South America, Africa, and Eastern Europe[139]. - The company is exploring potential mergers and acquisitions as part of its growth strategy[143]. - The company plans to enhance its production capacity for automotive relays and new energy relays, creating new profit growth centers while maintaining profitability[133]. Employee and Management Structure - The total number of employees at the end of the reporting period was 3,807, including 956 at the parent company and 2,851 at major subsidiaries[198]. - The company has established a comprehensive compensation management system aimed at long-term mutual development between the company and its employees[200]. - Employee compensation consists of fixed salaries based on job levels and variable compensation including bonuses and benefits[200]. - The management team has extensive experience in relay manufacturing, contributing to improved production efficiency and quality[54]. Investor Relations - The company is committed to maintaining effective communication with investors through regular updates and investor relations activities[147]. - The company emphasizes investor relations management, providing multiple channels for investor communication and ensuring transparency[158].

Financial Performance - The company's revenue for Q3 2021 reached ¥445,591,433.72, representing a year-on-year increase of 20.35%[3] - The net profit attributable to shareholders decreased by 23.66% to ¥38,477,929.04 for the same period[3] - The basic earnings per share fell by 42.59% to ¥0.31, while diluted earnings per share also decreased by 42.59% to ¥0.31[3] - Total operating revenue for the current period reached ¥1,212,336,987.08, a significant increase of 27.0% compared to ¥954,337,166.74 in the previous period[25] - Net profit for the current period was ¥112,646,252.98, representing a slight increase of 2.6% from ¥110,259,375.64 in the previous period[26] - The company reported a basic and diluted earnings per share of ¥0.89, down from ¥1.18 in the same period last year[27] - The total comprehensive income for the current period was ¥113,475,637.74, slightly up from ¥110,901,677.62 in the previous period[26] Assets and Liabilities - Total assets increased by 75.98% to ¥2,419,727,990.71 compared to the end of the previous year[3] - The company's equity attributable to shareholders increased by 88.24% to ¥1,642,664,923.85 compared to the end of the previous year[3] - Total assets as of September 30, 2021, reached RMB 2.42 billion, up from RMB 1.37 billion at the end of 2020, representing a 76% increase[21] - Current assets totaled RMB 1.61 billion, compared to RMB 832 million at the end of 2020, indicating a 93% growth[22] - The company's total liabilities rose to RMB 734 million, up from RMB 507 million, marking a 45% increase[23] - Shareholders' equity increased significantly to RMB 1.69 billion from RMB 868 million, a growth of 94%[23] Cash Flow - The company's cash flow from operating activities showed a significant decline of 74.52%, amounting to ¥13,055,527.46[3] - Cash flow from operating activities generated a net amount of ¥13,055,527.46, a decrease of 74.5% compared to ¥51,243,707.24 in the previous period[28] - Cash flow from investing activities resulted in a net outflow of ¥320,176,605.92, worsening from a net outflow of ¥69,806,308.14 in the prior period[29] - Cash flow from financing activities yielded a net inflow of ¥565,590,725.20, a significant increase from ¥6,288,631.07 in the previous period[29] - The ending cash and cash equivalents balance was ¥300,996,586.26, reflecting a 976.55% increase from the previous period[12] - The company reported a cash balance of RMB 328 million, a substantial increase from RMB 48 million at the end of 2020[21] - The company’s cash and cash equivalents at the end of the period stood at ¥300,996,586.26, a substantial increase from ¥27,959,461.55 at the end of the previous period[29] Operating Costs and Expenses - The company reported a 37.21% increase in operating costs, totaling ¥961,852,735.29, primarily due to rising raw material costs[10] - Total operating costs amounted to ¥1,107,816,151.40, up 35.0% from ¥821,066,770.62 in the prior period, with operating costs specifically rising from ¥701,007,020.85 to ¥961,852,735.29[25] - Cash paid for purchasing goods and services rose by 82.01% to ¥567,439,377.66, reflecting adjustments in payment structures[11] - The company’s workforce payments increased by 34.49% to ¥245,389,998.87, as the impact of the pandemic diminished and sales revenue grew[11] Investments - Research and development expenses rose by 62.24% to ¥52,227,532.62, reflecting the company's commitment to innovation[10] - The company experienced a 46400.72% increase in investment income, reaching ¥4,025,818.28, due to strategic investments in structured deposits[10] - Cash received from investment reached ¥720,140,000.00, a significant increase of 3898.85% from ¥18,008,657.54 in the previous period, attributed to the redemption of structured deposits[11] - Investment cash payments surged by 4561.89% to ¥839,140,000.00, attributed to the purchase of structured deposits with temporarily idle funds[11] - The company plans to invest RMB 37.5 million in a new production project for electronic components in Qingxian Economic Development Zone[19] Shareholder Information - The top shareholder, Song Chaoyang, holds 26.27% of the shares, amounting to 33,000,000 shares[14] - Cash received from the public offering of shares amounted to ¥728,005,868.38, marking a 100% increase as it was the first instance of such funding[12] Inventory and Accounts Receivable - Inventory increased to RMB 334 million from RMB 166 million, reflecting a 101% rise year-over-year[22] - The company’s accounts receivable rose to RMB 494 million from RMB 438 million, a 13% increase[21]

Financial Performance - The company reported a revenue of RMB 500 million for the first half of 2021, representing a year-on-year increase of 15%[16] - The net profit attributable to shareholders was RMB 80 million, up 20% compared to the same period last year[16] - The company's operating revenue for the reporting period was ¥766,745,553.36, representing a 31.27% increase compared to ¥584,104,213.01 in the same period last year[22] - Net profit attributable to shareholders was ¥70,318,150.32, up 15.40% from ¥60,931,783.89 year-on-year[22] - The net profit after deducting non-recurring gains and losses was ¥58,967,290.31, reflecting a 5.43% increase from ¥55,931,172.72 in the previous year[22] - The company reported a significant increase in fixed assets, which rose to ¥396,965,943.42 from ¥322,506,818.02, a growth of approximately 23%[180] - The company reported a total profit of ¥82,265,358.24 for the first half of 2021, an increase of 14.5% from ¥71,681,450.90 in the previous year[189] - The company's net profit for the first half of 2021 was CNY 33,250,534.86, a significant increase of 100.6% compared to CNY 16,554,562.32 in the same period of 2020[194] Market Expansion and Strategy - The company plans to expand its market presence in North America and Europe, targeting a 25% increase in international sales by the end of 2022[16] - The company is exploring potential mergers and acquisitions to enhance its product offerings and market reach[16] - The company has established subsidiaries in Canada, South Korea, and Germany to enhance regional sales efforts, strengthening its customer resource base[53] - The company is actively exploring new markets in emerging industries such as renewable energy and artificial intelligence, driven by the growth in these sectors[41] - The company plans to enhance its product portfolio by increasing investments in automotive and new energy relays, aiming for balanced multi-business development[101] - The company is pursuing diversification strategies through acquisitions, such as the investment in Qingxian Zeming, to enter the transformer and core magnetic materials industries[101] Research and Development - Research and development expenses increased by 30% to RMB 50 million, focusing on new relay technologies and automation solutions[16] - Research and development investment rose by 57.47% to ¥29,968,128.38, reflecting the company's commitment to technological innovation and product development[59] - The company has a strong focus on R&D, with a robust team and advanced product testing facilities, enhancing its competitive edge in the market[46] - The company holds a total of 457 authorized patents, including 73 invention patents, 368 utility model patents, and 16 design patents as of June 30, 2021[32] Risk Management - The company has identified key risk factors, including supply chain disruptions and market competition, and has outlined strategies to mitigate these risks[5] - The company faces risks related to product segment concentration, particularly in the home appliance and electrical equipment manufacturing sectors, which significantly impact sales revenue and may lead to a decline in gross margin[101] - The company is pursuing foreign exchange hedging to mitigate risks associated with currency fluctuations and improve financial stability[103] - The company emphasizes risk control measures for commodity futures hedging, including strict compliance with internal management systems and regular supervision of operational compliance[95] Cash Flow and Investments - The company reported a negative net cash flow from operating activities of ¥6,789,320.55, a decline of 110.61% compared to a positive cash flow of ¥63,959,879.76 in the same period last year[22] - The company achieved a net increase in cash and cash equivalents of ¥190,773,327.58, a significant rise of 1,279.53% attributed to funds raised from a public stock offering[60] - The cash outflow from investment activities was CNY 659,188,661.90, significantly higher than CNY 69,596,668.61 in the previous year, indicating aggressive investment strategies[197] - The company raised CNY 728,005,868.38 from investments, indicating strong investor confidence[198] Corporate Governance and Social Responsibility - The company emphasizes a mission to create maximum value for customers, opportunities for employees, benefits for society, and value for shareholders[116] - The company actively participates in social welfare activities, including voluntary blood donation and community service[122] - The company has maintained transparency in information disclosure, ensuring fair access to information for all investors[120] - The company has not encountered any significant changes in project feasibility or reasons for not meeting planned progress or expected benefits[86] Shareholder Information - The total number of shares increased from 94,129,513 to 125,629,513 after the initial public offering of 31,500,000 shares[157] - The company’s major shareholders include Song Chaoyang with 33 million shares and Fu Tiannian with 15.2 million shares, both subject to lock-up periods[162] - The company’s initial public offering was approved by the China Securities Regulatory Commission, allowing it to issue 31,500,000 shares[158] - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[170]