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]

Financial Performance - The company's operating revenue for 2020 was ¥1,311,609,533.76, representing an increase of 18.29% compared to ¥1,108,843,802.05 in 2019[19]. - The net profit attributable to shareholders for 2020 was ¥149,674,014.25, up 48.68% from ¥100,666,713.90 in 2019[19]. - The net profit after deducting non-recurring gains and losses was ¥137,347,436.10, reflecting a 48.92% increase from ¥92,226,083.31 in 2019[19]. - The basic earnings per share for 2020 was ¥1.59, a rise of 48.60% compared to ¥1.07 in 2019[19]. - The total assets at the end of 2020 amounted to ¥1,374,986,952.00, which is a 13.65% increase from ¥1,209,832,741.23 at the end of 2019[19]. - The net assets attributable to shareholders increased by 20.76% to ¥872,630,475.34 at the end of 2020 from ¥722,632,434.55 at the end of 2019[19]. - The net cash flow from operating activities was ¥85,992,447.14, showing a 4.82% increase from ¥82,036,953.78 in 2019[19]. - The weighted average return on equity for 2020 was 18.76%, up from 14.96% in 2019, an increase of 3.80%[19]. Dividend Distribution - The company plans to distribute a cash dividend of 3.5 yuan (including tax) for every 10 shares based on a total of 125,629,513 shares[5]. - The proposed cash dividend is RMB 3.5 per 10 shares, totaling RMB 43,970,329.55, which represents 29.38% of the net profit[139]. - The total distributable profit for the year is RMB 172,244,522.93, with cash dividends accounting for 100% of the profit distribution[135]. - The company has a minimum cash dividend ratio of 20% during its growth phase, which it has met in this distribution[135]. - The company did not distribute profits in 2018 and 2019, marking 2020 as the first year of cash dividends[138]. Research and Development - The company has invested a total of 47.14 million yuan in R&D, focusing on 25 key projects including smart charging technology and specialized relays for various applications[60]. - The company is focused on R&D and technological innovation, which allows for rapid development of new products and processes in response to market trends and customer needs[45]. - The company has established an advanced product reliability laboratory and materials laboratory, certified by CNAS, VDE, and UL, to ensure product quality and reliability[45]. - The company aims to enhance its R&D investment to improve product development capabilities, focusing on automotive and new energy relays[113]. Market Position and Strategy - The company was ranked second in domestic relay sales for seven consecutive years from 2014 to 2020, according to the China Electronic Components Industry Association[29]. - The company has implemented a flexible production model to meet diverse market demands, particularly for customized products[35]. - The sales strategy has been reformed to a divisional marketing system, enhancing the company's market position in general power relays and magnetic latching relays[36]. - The company aims to establish sales offices in key overseas relay sales regions to significantly boost international sales and market share[109]. - The company is committed to becoming a globally recognized and leading relay manufacturing and sales enterprise[108]. Risks and Challenges - The company faces risks related to product segment concentration, particularly in the home appliance and electrical equipment manufacturing industries, which could impact sales revenue and gross margins[116]. - The company's export business is subject to exchange rate fluctuations, which could affect sales revenue and foreign exchange gains or losses[119]. - Raw material prices, particularly for silver, copper, iron, and plastics, significantly impact the company's main business costs, and price increases could adversely affect operating performance[119]. - Rising labor costs due to economic growth and improved social security systems may lead to increased operational costs if the company cannot enhance automation and production efficiency[120]. Corporate Governance and Compliance - The company has committed to strict adherence to disclosure commitments and measures regarding unfulfilled promises[151]. - The company guarantees that the legal documents related to the IPO do not contain false records or misleading statements[149]. - The company will actively communicate and compensate investors for measurable economic losses resulting from any legal violations recognized by regulatory authorities[148]. - The management team is committed to transparency in shareholding practices to align with investor interests[142]. Shareholding Structure - The largest shareholder, Song Chaoyang, holds 35.06% of the shares, totaling 33,000,000 shares[194]. - The second-largest shareholder, Fu Tianian, owns 16.15% with 15,200,000 shares[195]. - The third-largest shareholder, Xu Xinqiang, possesses 13.07% or 12,300,000 shares[195]. - The company has a total of 25,789 shareholders at the end of the reporting period[194]. - There are no changes in the controlling shareholder during the reporting period[197]. Social Responsibility and Community Engagement - The company has actively participated in pandemic prevention efforts, donating materials to overseas clients and organizing community support activities[182]. - The company has committed to environmental protection and sustainable development, adhering to international environmental regulations[181]. - The company emphasizes its mission to create maximum value for customers, opportunities for employees, and benefits for society[179].

三友联众集团股份有限公司 2021 年第一季度报告全文 三友联众集团股份有限公司 2021 年第一季度报告 2021-028 2021 年 04 月 1 三友联众集团股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人宋朝阳、主管会计工作负责人高晓莉及会计机构负责人(会计主 管人员)高晓莉声明：保证季度报告中财务报表的真实、准确、完整。 2 三友联众集团股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 343,055,540.57 | 242,176,468.50 | 41.66% | | 归属于上市公司股东的净利润（元） | 26,106,928.03 | 28,521,854.02 | -8.47% | | 归属于上市公司股东的扣除非经 ...