Financial Performance - The company's operating revenue for Q1 2021 was ¥464,272,203.41, representing a 43.22% increase compared to ¥324,174,956.65 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2021 was ¥16,129,170.98, up 15.24% from ¥13,995,671.77 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was ¥15,780,907.80, reflecting a 20.74% increase from ¥13,070,191.55 year-on-year[8]. - The company's operating revenue reached 464,272,203.41 yuan, a year-on-year increase of 43.22% due to the recovery from the impact of the COVID-19 pandemic[16]. - The net profit attributable to shareholders was 1,612.92 million yuan, reflecting a growth of 15.24% compared to the previous year[18]. - The total profit for Q1 2021 was CNY 16,967,028.56, an increase of 9.9% compared to CNY 15,440,038.38 in the previous year[45]. - The net profit for Q1 2021 reached CNY 14,593,886.28, representing a year-on-year increase of 8.2% from CNY 13,482,241.51[45]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥248,834,315.26, a decline of 21.08% compared to -¥205,519,276.01 in the same period last year[8]. - The company's cash flow from financing activities was 274,445,790.07 yuan, a substantial increase of 1027.57% due to new share issuance[20]. - The company's operating cash flow for Q1 2021 was -229,543,859.59 CNY, compared to -167,305,490.33 CNY in the same period last year, indicating a decline of approximately 37.2%[55]. - The company reported a net increase in cash and cash equivalents of 12,208,615.80 CNY in Q1 2021, contrasting with a decrease of -188,181,204.67 CNY in Q1 2020[53]. - Total cash and cash equivalents at the end of Q1 2021 amounted to 299,579,625.28 CNY, a significant increase from 75,546,595.36 CNY at the end of Q1 2020[53]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,422,346,505.58, an increase of 8.62% from ¥2,230,132,199.90 at the end of the previous year[8]. - Total liabilities as of March 31, 2021, were CNY 977,995,374.94, down from CNY 1,087,752,976.35 at the end of 2020, indicating a reduction of 10.1%[40]. - The company's total assets stood at 2,230,132,199.90 CNY as of Q1 2021, unchanged from the previous year[60]. - Total current liabilities were approximately ¥1.07 billion, with short-term borrowings accounting for approximately ¥558.35 million[62]. - Owner's equity totaled approximately ¥1.04 billion, reflecting a stable capital structure[62]. Shareholder Information - The total number of shareholders at the end of the reporting period was 35,747[12]. - The largest shareholder, Zhongchen Holdings Co., Ltd., held 48.80% of the shares, totaling 223,750,000 shares[12]. - Net assets attributable to shareholders increased by 26.61% to ¥1,301,743,738.65 from ¥1,028,137,284.64 at the end of the previous year[8]. Research and Development - Research and development expenses rose by 46.66% to 13,471,639.28 yuan, indicating increased investment in innovation[16]. - Research and development expenses for Q1 2021 were CNY 13,471,639.28, compared to CNY 9,185,751.73 in Q1 2020, reflecting a growth of 46.5%[43]. Operational Challenges - The gross profit margin was impacted by a 46.66% increase in operating costs, which totaled 394,439,270.41 yuan[16]. - The company faces risks related to raw material price fluctuations, which account for approximately 80% of product costs, and plans to strengthen supplier relationships to mitigate these risks[21]. - The company reported a decrease in accounts payable by 45.54% to 99,789,180.33 yuan, attributed to suppliers shortening payment terms[16]. Investment Activities - The total amount of raised funds for the quarter is CNY 25,747.73 million, with CNY 1,731.73 million invested during this period[24]. - The company has not achieved the planned progress or expected benefits for any investment projects during the reporting period[25]. - The company raised 257,477,283.03 CNY from investment activities in Q1 2021, compared to no such income in the previous year[56].

编号：2021-001 证券代码：300933 证券简称：中辰股份 | --- | --- | --- | |-------------------------|-----------------------------|----------------------------------------------------------| | | □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 | 线上投资者 | | | | | | | 时间 | 2021 年 4 月 16 日 | 15:00-17:00 | | 地点 | | 全景网"投资者关系互动平台"（http://ir.p5w.net） | | 上市公司接待人 | | 董事长杜南平先生，总经理姜一鑫先生，董事会秘书兼财务总 | | 员姓名 | | 监徐积平先生，独立董事杨黎明先生，保荐代表人张辉波先生 | | | 公司于 2021 年 4 月 | 16 日（星期五）下午 1 ...

Financial Performance - The company's operating revenue for 2020 was approximately ¥2.05 billion, a decrease of 1.90% compared to ¥2.09 billion in 2019[17]. - Net profit attributable to shareholders was approximately ¥91.59 million, down 5.90% from ¥97.37 million in the previous year[17]. - The net cash flow from operating activities was negative at approximately -¥91.48 million, a significant decline of 178.71% compared to ¥120.43 million in 2019[17]. - Total assets increased by 17.83% to approximately ¥2.23 billion at the end of 2020, up from ¥1.89 billion at the end of 2019[17]. - The net assets attributable to shareholders rose by 9.78% to approximately ¥1.03 billion, compared to ¥936.73 million in 2019[18]. - Basic earnings per share decreased by 7.41% to ¥0.25 from ¥0.27 in the previous year[17]. - The company reported a total of ¥11.77 million in non-recurring gains and losses for 2020, with government subsidies contributing approximately ¥2.81 million[24]. - The gross profit margin for the cable industry was 16.35%, down 0.27% year-on-year[53]. - The total operating cost for 2020 was approximately ¥1.72 billion, a decrease of 1.60% from the previous year[58]. - The cost of raw materials accounted for 96.11% of total operating costs, totaling approximately ¥1.65 billion[59]. Market and Product Development - The company continues to focus on market expansion and new product development as part of its strategic initiatives[5]. - The main products include power cables rated at 110kV and below, and bare conductors rated at 750kV and below, widely used in national power transmission networks[29]. - The company launched over 10 new products, including high-temperature soft cables for electric vehicles and low-smoke halogen-free flame-retardant cables, and obtained 18 patents during the reporting period[63]. - The company plans to develop at least 10 new product projects and apply for 10 patents in 2021, focusing on special cables for urban rail transit and renewable energy[85]. - The company plans to launch a new eco-friendly cable product line in Q3 2021, targeting a 10% increase in sales from this segment[200]. Strategic Initiatives - The company has established a comprehensive marketing network across 31 provinces, autonomous regions, and municipalities, providing full-service support to customers[32]. - The company has established a research and development center recognized by Jiangsu Province, enhancing its technological capabilities[40]. - The company is committed to continuous improvement in product quality and has achieved advanced production processes, ensuring stable product performance[41]. - The company aims to enhance its production capacity and efficiency by optimizing process structures and implementing ERP information management systems[83]. - The company is focused on technological innovation and aims to achieve breakthroughs in ultra-high voltage cables and smart cables[83]. Risks and Challenges - The company has identified potential risks in its future development outlook, which investors should be aware of[5]. - The company has faced uncertainty regarding its ability to continue as a going concern, as indicated in the recent audit report[19]. - The company has seen a significant increase in accounts receivable, rising by CNY 25,419.69 million due to delays in project progress and changes in settlement models caused by the pandemic[39]. - The company faces risks from macroeconomic cycles, as demand for cables is closely tied to national economic development, which may shift towards more intensive growth models[88]. - The cost of raw materials, particularly copper and aluminum, constitutes approximately 80% of the product cost, making the company vulnerable to price fluctuations[89]. Shareholder and Dividend Policies - The company plans to distribute a cash dividend of ¥0.3 per 10 shares, totaling approximately ¥137.55 million based on 458.5 million shares[5]. - The total distributable profit for shareholders is reported at 311,916,096.41 RMB, with the cash dividend constituting 100% of the profit distribution[97]. - The company has not made any profit distributions in the previous two years, indicating a shift in policy for 2020[98]. - The company prioritizes cash dividends as a method of profit distribution, with the possibility of mid-term cash dividends under certain conditions[107]. - The company plans to prioritize cash dividends, distributing at least 10% of the current distributable profits in cash annually, provided it meets the profit distribution conditions[108]. Compliance and Governance - The company has fulfilled all commitments made by actual controllers, shareholders, and related parties during the reporting period[99]. - The company emphasizes compliance with the rules set by the China Securities Regulatory Commission regarding stock reduction[104]. - The company will publicly disclose any changes to the dividend return plan and ensure compliance with the regulations set by the China Securities Regulatory Commission[106]. - The company has committed to ensuring that its initial public offering (IPO) prospectus is true, accurate, and complete, with no false records or misleading statements[137]. - The company will ensure that all obligations are fulfilled in accordance with the commitments made regarding the repurchase of shares[134].