证券代码：300971 证券简称：博亚精工 襄阳博亚精工装备股份有限公司 投资者关系活动记录表 编号：2022-002 | --- | --- | --- | --- | |--------------|---------------------------|------------------------------|--------------------------------------------------------| | | | | | | 投资者关系活 | | 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | | □ 业绩说明会 | | | □ 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 | 华泰证券 | 林心怡女士 | | | 及人员姓名 | 华泰证券 | 李攀女士 | | | 时间 | 2022 年 2 | 月 10 日（周四）上午 | 10:30-11:30 | | 地点 | | 襄阳博亚精工装备股份有限公司 | | | 上市公司接待 | | 副总经理：周继红先 ...

Financial Performance - The company's revenue for Q3 2022 was ¥70,910,818.56, a decrease of 6.00% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥1,659,249.42, a decline of 107.38% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥3,626,953.69, down 116.56% from the previous year[5]. - The company's basic and diluted earnings per share were both -¥0.02, a decrease of 107.41%[5]. - Net profit for the current period was ¥39,874,076.94, a decrease of 44.3% compared to ¥71,512,229.64 in the previous period[17]. - Basic earnings per share decreased to ¥0.46 from ¥0.95 in the previous period, reflecting a decline of 51.6%[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,265,306,435.62, an increase of 10.21% compared to the end of the previous year[5]. - Total assets reached ¥1,265,306,435.62, up from ¥1,148,040,442.91, marking an increase of about 10.2%[14]. - Total liabilities increased to ¥295,306,216.09 from ¥209,574,040.38, which is an increase of approximately 41.0%[14]. - The total liabilities amounted to ¥334,132,008.77, up from ¥248,406,645.66 in the previous period, indicating a growth of 34.4%[17]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥73,216,858.43, an increase of 87.82%[9]. - Cash inflow from operating activities totaled ¥240,084,721.80, compared to ¥205,594,642.04 in the previous period, marking an increase of 16.7%[20]. - The net cash flow from operating activities was CNY 73,216,858.43, an increase of 87.5% compared to CNY 38,982,809.38 in the previous period[21]. - The total cash inflow from investment activities was CNY 232,982,819.75, significantly higher than CNY 151,267.00 in the previous period[21]. - The net cash flow from investment activities was CNY 91,446,484.22, recovering from a negative cash flow of CNY -20,417,040.40 in the previous period[21]. - The net cash flow from financing activities was CNY -37,014,647.11, a decrease compared to CNY 315,943,579.23 in the previous period[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,895[10]. - The largest shareholder, Li Wenxi, holds 25.98% of the shares, totaling 21,826,000 shares[10]. - The company has no preferred shareholders as of the reporting period[12]. - The company has a significant portion of its shares pledged or frozen, with 1,200,000 shares frozen[10]. Operational Metrics - Total operating revenue for the current period reached ¥267,435,493.12, an increase of 1.4% compared to ¥262,265,704.03 in the previous period[16]. - Total operating costs increased to ¥242,133,199.67, up 21.6% from ¥198,897,393.79 in the previous period[16]. - Research and development expenses rose to ¥33,302,848.91, an increase of 22.5% from ¥27,221,664.90 in the previous period[17]. - The company reported a decrease in sales expenses to ¥16,077,568.24 from ¥17,929,905.45, a reduction of 10.3%[16]. Government Support - The company received government subsidies amounting to ¥2,161,408.84 during the reporting period[6]. Inventory and Receivables - The company's inventory increased by 38.46% to ¥119,296,056.91, primarily due to pandemic-related impacts[8]. - Accounts receivable rose to ¥188,755,759.79 from ¥174,865,402.96, indicating an increase of about 7.4%[14]. - Inventory increased to ¥119,296,056.91 from ¥86,156,115.24, reflecting a growth of approximately 38.4%[14]. Audit Information - The company did not conduct an audit for the third quarter report[22].

Financial Performance - The company achieved operating revenue of CNY 196,524,674.56, representing a year-on-year increase of 5.19%[30]. - Net profit attributable to shareholders decreased by 19.03% to CNY 40,305,055.12 compared to the same period last year[30]. - The company's gross profit margin was impacted by a 39.27% increase in operating costs, primarily due to rising raw material prices[38]. - The precision equipment business for strip forming processing saw a revenue increase of 44.35% to CNY 73,391,867.85[38]. - Revenue from special equipment supporting components decreased by 34.65% due to upstream demand structure adjustments[38]. - The company reported a total revenue of 1.5 billion RMB for the first half of 2022, representing a year-on-year increase of 15%[108]. - The gross margin for the first half of 2022 was reported at 35%, a slight increase from 33% in the previous year[110]. - The company reported a total revenue of 226.18 million yuan for the first half of 2022, with no significant changes in operational performance compared to the previous period[123]. - The company reported a total revenue of RMB 217.3 million for the first half of 2022[125]. Cash Flow and Investments - Net cash flow from operating activities increased by 70.71% to CNY 56,609,269.39[30]. - Cash flow from investing activities surged by 833.77% to ¥70,504,489.73, mainly due to the redemption of raised funds and receipt of subsidiary consideration[57]. - The net cash flow from investment activities was 31,449,671.46 CNY, compared to a negative cash flow of 9,059,569.18 CNY in the previous period[183]. - The total cash inflow from financing activities was 30,000,000.00 CNY, while the cash outflow was 63,612,328.56 CNY, resulting in a net cash flow of -33,612,328.56 CNY[183]. - The company reported a significant increase in other income, which rose to CNY 12.96 million from CNY 2.66 million year-over-year[177]. Research and Development - The company emphasizes the importance of product research and technological innovation, aiming to expand into more specialized mechanical manufacturing fields[8]. - The R&D strategy focuses on key technology development and project management, with a clear direction based on market analysis and internal resources[49]. - Research and development investment rose by 5.48% to ¥19,838,710.13, indicating a continued focus on innovation[57]. - The company is investing 200 million RMB in R&D for new technologies aimed at enhancing product efficiency[108]. - Research and development expenses for the first half of 2022 were CNY 8.6 million, accounting for 18.7% of total revenue[190]. Market Strategy and Expansion - The company plans to enhance local services and deepen cooperation with end customers to mitigate risks associated with project delays and unforeseen factors[7]. - The company is actively expanding into the aerospace and marine equipment sectors, developing new components and non-standard equipment[41]. - The company aims to explore market opportunities in mechanical manufacturing, leveraging its technological expertise to capture more market share in specialized fields[53]. - Market expansion plans include entering three new provinces, projected to increase market share by 5%[110]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million RMB allocated for potential deals[109]. Risk Management - The company faces risks due to high customer concentration, primarily relying on major state-owned enterprises in the steel and non-ferrous metallurgy industries[9]. - The company has established long-term partnerships with core clients, but any adverse changes in their operational status could significantly impact the company's performance[10]. - The company has conducted thorough feasibility studies for its fundraising projects, but external environmental changes could still affect expected outcomes[6]. - The company has established a confidentiality committee and office to mitigate risks related to national secrets leakage, ensuring compliance with safety and confidentiality standards[84]. - The company is committed to conducting thorough market research and understanding new industries to mitigate risks associated with entering new fields[89]. Corporate Governance and Compliance - The company confirmed that there are no false records, misleading statements, or major omissions in the prospectus and other information disclosure materials related to its initial public offering[113]. - The company has undertaken to compensate investors for any actual losses incurred due to false records or misleading statements in the prospectus and other disclosure materials[114]. - The company is focused on ensuring compliance with regulations to protect investor interests, as stated in its commitments[112]. - The company has established a three-year shareholder return plan, which is currently being executed[111]. - The company has committed to avoiding any related party transactions that could harm its interests or those of its shareholders[116]. Social Responsibility - The company donated 200,000 yuan to the "Ten Thousand Enterprises Revitalize Ten Thousand Villages" public welfare activity in Xiangyang[101]. - The company sponsored the Xiangyang Fourth "May Day Laborer Song" cultural exhibition with an investment of 300,000 yuan[101]. - The company was recognized as an outstanding action model for rural revitalization by the Hubei Provincial Federation of Industry and Commerce and the Provincial General Chamber of Commerce[101]. Subsidiaries and Operational Structure - The company’s subsidiary, Jingzhou Dingrui, reported a net profit of 4.69 million yuan during the reporting period[77]. - The company’s subsidiary, Wuhan Xingda, reported a net profit of 4.80 million yuan during the reporting period[78]. - The company’s subsidiary, Xian Zhi'an, has shifted its focus from smart parking products to undertaking R&D tasks assigned by the company[80]. - The consolidated financial statements include six subsidiaries, indicating a diversified operational structure[200]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 9,142[150]. - The largest shareholder, Li Wenxi, holds 25.98% of the shares, totaling 21,826,000 shares[150]. - The company has a policy allowing directors and senior management to transfer up to 25% of their shares annually[147]. - The company has not reported any changes in shareholding structure that would impact earnings per share or net asset value per share[146]. - The company has not conducted any repurchase transactions during the reporting period[152].

Financial Performance - The company's operating revenue for 2021 was ¥392,494,177.74, representing a 7.78% increase compared to ¥364,147,928.59 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥85,773,325.25, a 2.36% increase from ¥83,793,083.33 in 2020[20]. - The net cash flow from operating activities increased by 71.23% to ¥86,124,557.35 in 2021, up from ¥50,296,439.34 in 2020[20]. - The total assets at the end of 2021 reached ¥1,148,040,442.91, a 56.99% increase from ¥731,273,540.35 at the end of 2020[20]. - The net assets attributable to shareholders increased by 79.95% to ¥897,418,734.78 at the end of 2021, compared to ¥498,715,910.08 at the end of 2020[20]. - The company reported a basic earnings per share of ¥1.110 in 2021, down 16.54% from ¥1.33 in 2020[20]. - The company achieved operating revenue of ¥392,494,177.74, a year-on-year increase of 7.78%[49]. - Net profit attributable to shareholders reached ¥85,773,325.25, reflecting a growth of 2.36% compared to the previous year[49]. - Cash flow from operating activities increased significantly by 71.23%, amounting to ¥86,124,557.35[49]. - The company's total assets grew by 56.99% to ¥1,148,040,442.91, while net assets attributable to shareholders increased by 79.95% to ¥897,418,734.78[49]. Research and Development - The company emphasizes the importance of product research and technological innovation, aiming to expand into more specialized mechanical manufacturing fields[7]. - The company is committed to improving its research and development system and incentivizing technical talent to maintain competitive advantages[7]. - The company's R&D expenses rose by 8.50% to ¥37,567,639.82, indicating a focus on expanding its technological capabilities[49]. - The number of R&D personnel increased by 11.19% from 143 in 2020 to 159 in 2021, with the proportion of R&D staff rising to 21.00%[66]. - The company aims to maintain a high level of R&D investment, with a product update cycle of 3-5 years, focusing on enhancing self-manufacturing technology and integrating equipment[92]. - The company has developed proprietary technology for closed coking equipment, supporting horizontal development in the environmental protection sector[65]. - The company has successfully developed precision equipment and key components for the steel and non-ferrous metallurgy industries, achieving significant import substitution and establishing a strong brand presence in the "specialized, precise, and unique" manufacturing sector[84]. Market Strategy and Expansion - The global economic downturn and the impact of the COVID-19 pandemic have posed significant challenges for the company's market expansion and transformation efforts[31]. - The company is actively enhancing local services to strengthen cooperation with end customers and mitigate risks associated with investment projects[6]. - The company aims to participate in the research and development of special equipment, leveraging its technology accumulated in the civilian sector[31]. - The company collaborates with major global steel groups, including Baowu Steel Group and Nippon Steel, and has established good relationships with several subsidiaries of major metallurgical equipment manufacturers[34]. - The company is actively participating in the "Belt and Road" initiative, aiming to leverage its steel industry advantages to expand into underdeveloped countries along the route[96]. - The company has formed strategic partnerships with leading clients such as Baowu Steel Group and Shougang Group, enhancing its market share in high-end products[95]. - The company is focusing on long-term strategic cooperation with industry leaders to drive technological collaboration and promote new technologies[95]. Operational Efficiency and Quality Control - The company has established a comprehensive quality control program, certified by various management systems, ensuring efficient and standardized operations[42]. - The company has implemented a specialized production system, enhancing production management levels and ensuring efficient delivery of products that meet customer specifications[38]. - The company emphasizes independent research and development, maintaining a high profit level by continuously improving product performance and meeting customer needs[35]. - The company has established a comprehensive after-sales service network to enhance customer satisfaction, ensuring timely and effective responses to user issues[175]. - The company emphasizes quality management, implementing a comprehensive quality management system to improve product quality and brand image[174]. Social Responsibility and Community Engagement - The company actively engages in social responsibility initiatives, including poverty alleviation and community support[165]. - The company has been actively involved in charity donations, including 50 million yuan for rural revitalization and 30 million yuan for disaster relief in Henan[184]. - The company participated in various social welfare activities, donating a total of 26 million yuan for community projects and disaster relief efforts[184]. - The company has established cooperatives to enhance collective economic development and increase farmers' income[184]. - The company has committed to social responsibility by providing assistance to elderly villagers and veterans during festivals[184]. - The company was recognized as a "Harmonious Labor Relations Enterprise" by the Hubei Provincial Human Resources and Social Security Department[184]. Governance and Compliance - The company has a complete governance structure including a shareholders' meeting, board of directors, and supervisory board, functioning independently from its controlling shareholders[115]. - The company is committed to transparency in its financial reporting and governance practices[139]. - The company has maintained effective internal controls related to financial statements as of December 31, 2021, according to the internal control audit report[161]. - The internal control audit report issued a standard unqualified opinion, indicating no major issues were found[162]. - The company emphasizes the protection of shareholder and creditor rights, adhering to relevant laws and regulations in its governance practices[165]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[164]. Employee Management and Development - The total number of employees at the end of the reporting period was 757, with 420 in the parent company and 337 in major subsidiaries[149]. - Employee training rate reached 97.5%, with 52 training sessions conducted, including 8 sessions at "Boyang Academy" for 333 participants[171]. - The company has a dual-channel career development path for employees, allowing for management or professional advancement[171]. - The company has established a comprehensive training system to enhance management awareness and employee skills, focusing on various training programs[152]. - The company promotes a harmonious workplace atmosphere, providing various benefits and support for employees during significant life events[172]. Investment and Financial Management - The company has committed to invest a total of CNY 40,000 million in fundraising projects, with an actual investment of CNY 34,373.52 million, representing an investment progress of 85.93%[74]. - The company has a cash management plan for temporarily idle fundraising of up to CNY 12,000 million, with CNY 9,000 million invested in structured deposits[77]. - The company has identified issues with cash management and pre-investment fund replacement processes, which have been addressed in subsequent board meetings[77]. - The company has reported a net profit from its subsidiary Jinggong Machinery of CNY 593,008.05 million during the reporting period[82]. - The company has a profit distribution policy that mandates a minimum cash distribution of 20% of the current year's distributable profit during growth phases[154]. Environmental Responsibility - The company disposed of 699.7 tons of general solid waste and 49.1 tons of hazardous waste, all handled by qualified third-party institutions[181]. - The company invested over 200,000 RMB in upgrading general solid waste storage and 100,000 RMB for a new oil fume filtration device, achieving a 97% operational rate for environmental protection equipment[181]. - The company constructed an intelligent spray painting workshop and added two catalytic combustion waste gas treatment devices, meeting higher than national standards[181]. - The company successfully passed the annual supervision audit for quality, environmental, and occupational health safety management systems[182].

Revenue and Profit - Revenue for Q1 2022 was CNY 62,531,052.65, a decrease of 26.86% compared to CNY 85,491,562.03 in the same period last year[3] - Net profit attributable to shareholders was CNY 13,538,444.23, down 35.95% from CNY 21,137,248.04 year-on-year[3] - Operating revenue for the quarter was CNY 62,531,052.65, down 26.8% from CNY 85,491,562.03 year-over-year[16] - The net profit attributable to the parent company for Q1 2022 was ¥13,538,444.23, a decrease of 36.5% compared to ¥21,137,248.04 in the same period last year[18] - The total comprehensive income for Q1 2022 was ¥13,650,994.50, down from ¥21,009,657.90 in Q1 2021[18] Cash Flow and Liquidity - Net cash flow from operating activities increased by 213.27% to CNY 23,219,559.75, compared to a negative cash flow of CNY 20,498,464.12 in the previous year[3] - The net cash flow from operating activities was ¥23,219,559.75, a significant improvement from a net outflow of ¥20,498,464.12 in the previous year[21] - The company reported a net increase in cash and cash equivalents of ¥112,672,764.81, compared to a decrease of ¥23,570,813.63 in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,244,264,223.76, reflecting a year-on-year increase of 70.04%[3] - Total assets increased to CNY 1,244,264,223.76 from CNY 1,148,040,442.91, representing a growth of approximately 8.4%[12] - Current assets rose to CNY 947,427,369.22, up from CNY 851,581,974.06, indicating an increase of about 11.2%[12] - Total liabilities increased to CNY 310,622,450.69 from CNY 248,406,645.66, reflecting a rise of approximately 25.1%[14] - The current liabilities totaled CNY 271,761,226.68, up from CNY 209,574,040.38, indicating a rise of approximately 29.6%[14] Shareholder Equity and Earnings - Shareholders' equity attributable to the parent company increased by 75.51% to CNY 913,077,654.94 from CNY 520,229,231.56 at the end of the previous year[3] - The company’s total equity rose to CNY 933,641,773.07 from CNY 899,633,797.25, marking an increase of about 3.8%[14] - Basic and diluted earnings per share were both CNY 0.16, a decrease of 52.94% from CNY 0.34 in the same period last year[3] - The basic and diluted earnings per share for Q1 2022 were both ¥0.16, down from ¥0.34 in Q1 2021[18] Operational Performance - The decline in revenue and profit was primarily attributed to the impact of the pandemic, which hindered equipment installation and product delivery[7] - The company reported an increase in inventory due to delayed shipments caused by the pandemic[7] - The company reported operating profit of CNY 13,565,853.99, down 44.7% from CNY 24,541,731.77 in the same period last year[17] - Research and development expenses were CNY 9,418,412.37, an increase of 9.6% compared to CNY 8,598,969.70 in the previous year[17] Other Information - Non-recurring gains and losses totaled CNY 2,580,600.23, with government subsidies contributing CNY 4,532,210.41[5] - The total cash inflow from investment activities was ¥110,655,045.77, compared to ¥37,885.00 in the same period last year, resulting in a net cash inflow of ¥89,872,491.59[22] - The company paid ¥32,672,228.21 to employees, an increase from ¥30,882,658.55 in the previous year[21] - The company did not report any new product launches or technological developments during this quarter[23] - The report was not audited, indicating that the figures may be subject to change upon further review[23]

Financial Performance - The company's revenue for Q3 2021 was ¥75,434,369.77, a decrease of 21.03% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥22,479,689.52, down 10.08% year-on-year[3] - The basic earnings per share for Q3 2021 was ¥0.27, a decrease of 32.50% compared to the same period last year[3] - The company's total revenue for the third quarter of 2021 was CNY 262,265,704.03, compared to CNY 244,072,988.12 in the same period of 2020, indicating a year-over-year increase of about 7.5%[15] - The company's net profit attributable to shareholders reached CNY 278,142,239.47, compared to CNY 240,230,009.83 in the previous year, marking an increase of about 15.8%[14] - The net profit for the third quarter of 2021 was CNY 71,512,229.64, an increase of 41.7% compared to CNY 50,456,171.62 in the same period last year[16] - The total profit amounted to CNY 76,147,403.99, up from CNY 57,451,012.29, reflecting a growth of 32.5% year-over-year[16] - The basic and diluted earnings per share were both CNY 0.95, compared to CNY 0.80 in the previous year, representing a 18.75% increase[17] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥1,087,861,883.28, an increase of 48.76% compared to the end of the previous year[3] - As of September 30, 2021, the total assets of Xiangyang Boya Precision Equipment Co., Ltd. reached CNY 1,087,861,883.28, an increase from CNY 731,273,540.35 at the end of 2020, representing a growth of approximately 48.7%[11] - The total current assets increased to CNY 823,978,858.57 as of September 30, 2021, up from CNY 482,386,609.23 at the end of 2020, reflecting a growth of approximately 71%[12] - The total liabilities decreased to CNY 202,354,110.35 from CNY 229,524,442.40, showing a reduction of approximately 11.8%[13] - The total equity attributable to shareholders rose to CNY 881,686,106.38 from CNY 498,715,910.08, reflecting an increase of approximately 76.7%[14] Cash Flow and Investments - The cash flow from operating activities for the year-to-date period was ¥38,982,809.38, up 45.53% year-on-year[3] - Cash flow from operating activities generated a net amount of CNY 38,982,809.38, compared to CNY 26,787,148.32 in the same period last year, indicating a growth of 45.4%[20] - The company reported cash and cash equivalents at the end of the period totaling CNY 427,403,219.23, significantly up from CNY 74,660,717.45 at the end of the previous year[20] - The company raised CNY 359,551,698.12 from investment activities, a substantial increase compared to CNY 40,000,000.00 in the previous year[20] - The cash flow from investing activities showed a net outflow of CNY 20,417,040.40, compared to a net inflow of CNY 12,719,084.17 in the previous year[20] Inventory and Expenses - The company experienced a 31.88% increase in inventory, totaling ¥105,183,359.35, attributed to delays in overseas orders and supply chain issues[5] - The inventory level rose to CNY 105,183,359.35, up from CNY 79,759,089.83, which is an increase of about 31.9%[12] - Research and development expenses for Q3 2021 were ¥8,413,762.57, down 32.81% year-on-year due to fewer ongoing projects[5] - Research and development expenses for the third quarter amounted to CNY 27,221,664.90, compared to CNY 25,764,504.75 in the previous year, indicating an increase of about 5.6%[15] - The company incurred operating expenses of CNY 166,611,832.66, which is an increase from CNY 138,971,761.79 in the same period last year[20] Compliance and Audit - The company has not classified any non-recurring gains and losses as recurring items, ensuring compliance with disclosure regulations[6] - The company did not undergo an audit for the third quarter report[21]

Financial Performance - The company's operating revenue for the reporting period was ¥186,831,334.26, representing a 25.77% increase compared to ¥148,551,496.96 in the same period last year [26]. - Net profit attributable to shareholders was ¥49,776,536.33, a significant increase of 94.73% from ¥25,561,194.87 year-on-year [26]. - The net cash flow from operating activities reached ¥33,161,341.64, marking a substantial increase of 1,119.47% compared to ¥2,719,322.74 in the previous year [26]. - The company's total assets at the end of the reporting period were ¥1,087,607,469.44, up 48.73% from ¥731,273,540.35 at the end of the previous year [26]. - The net assets attributable to shareholders increased by 72.27% to ¥859,155,115.63 from ¥498,715,910.08 at the end of the previous year [26]. - The company achieved operating revenue of ¥186,831,334.26, representing a year-on-year growth of 25.77% [40]. - Net profit attributable to shareholders reached ¥49,776,536.33, a significant increase of 94.73% compared to the previous year [40]. - Research and development investment increased by 42.03% to ¥18,807,902.33, driven by the expansion of overall business scale [41]. - Total assets grew by 48.73% to ¥1,087,607,469.44, while net assets attributable to shareholders increased by 72.27% to ¥859,155,115.63 [40]. - The company reported a net cash flow from operating activities of ¥33,161,341.64, a remarkable increase of 1,119.47% [41]. Customer and Market Dynamics - The customer concentration risk is high, with the top five customers accounting for 56.47% of total revenue, primarily from large state-owned enterprises in the steel and non-ferrous metallurgy industries [7]. - The company has established long-term cooperative relationships with core customers, but any significant changes in their operational status could adversely affect the company's performance [8]. - The company is focused on reducing customer concentration by promoting new products and entering new markets [69]. - The company has established partnerships with major global steel groups, including Baowu Steel Group and Nippon Steel, enhancing its market presence [34]. - The company aims to explore market opportunities in mechanical manufacturing and develop competitive products in niche markets [38]. Product Development and Innovation - The company has successfully developed precision stamping equipment and is expanding into the precision stamping parts sector, targeting industries such as automotive, home appliances, and electronics [9]. - The company aims to increase the self-manufacturing ratio of its products, achieving significant progress in the production of non-standard key components [37]. - The company has developed a comprehensive testing and verification platform for its equipment, ensuring the reliability and applicability of its products [37]. - The company positions itself in the "special, precise, and specialized" mechanical manufacturing sector, targeting high-end equipment and components for the steel and non-ferrous metallurgy industries [36]. - The company has established a quality management system with a designated quality manager to ensure product quality, following increased investment in testing equipment [68]. Financial Management and Capital Structure - The company plans to not distribute cash dividends, issue bonus shares, or increase capital from reserves [10]. - The company has committed to invest 280 million yuan in core components, with 243.7352 million yuan already invested, representing 6.22% of the total commitment [55]. - The company has also committed 60.2 million yuan for product research and testing, with 5 million yuan invested, accounting for 8.70% of the total [56]. - For working capital, the company has committed 59.8 million yuan, with 5 million yuan utilized, which is 31.71% of the total [56]. - The company has committed to not transferring or entrusting others to manage their shares for a period of 36 months from the date of stock listing [83]. Shareholder Commitments and Governance - The company’s major shareholders, including Li Wenxi and Cen Hong, have a lock-up commitment that restricts them from selling shares for 12 months post-listing [84]. - After the lock-up period, shareholders are allowed to reduce their holdings, but the selling price must not be lower than the IPO price [86]. - If the company's stock price falls below the IPO price for 20 consecutive trading days within six months post-listing, the lock-up period will automatically extend by six months [86]. - The company’s major shareholders have committed to not transferring more than 25% of their shares during their tenure as directors or senior management [85]. - The company has established a commitment to comply with all relevant laws and regulations regarding share transfer restrictions [86]. Social Responsibility and Compliance - The company actively participates in social responsibility initiatives, contributing a total of 122,000 yuan to various local events and projects during the reporting period [80]. - The company has not faced any environmental penalties and adheres to relevant environmental protection laws [80]. - The company has implemented effective measures to safeguard national secrets and maintain confidentiality in its operations [67]. - The company has established a confidentiality committee and office to manage sensitive information and ensure compliance with national regulations [67]. Future Outlook and Strategic Plans - The company has provided a performance guidance for the second half of 2021, expecting a revenue growth of 25% year-on-year [91]. - New product launches are anticipated to contribute an additional 300 million CNY in revenue by the end of 2021 [92]. - Market expansion plans include entering three new provinces, projected to increase market share by 10% [89]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 500 million CNY allocated for potential deals [90]. - A new marketing strategy is set to be implemented, aiming to increase brand awareness by 30% over the next year [91].

编号：2021-001 □特定对象调研 □分析师会议 投资者关系活动 类别 □媒体采访 √业绩说明会 □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 参与公司 2020 年年度业绩说明会的投资者 证券代码：300971 证券简称：博亚精工 襄阳博亚精工装备股份有限公司 投资者关系活动记录表 | --- | --- | |----------------|----------------------------------------------------------------------------------------------------------------------------------------------| | 人员姓名 | | | 时间 | 2021 年 5 月 11 日（周二）上午 9:30-10:3 | | 地点 | 中国证券网（ http://roadshow.cnstock.com/ ） | | 上市公司接待人 | 董事长、总经理：李文喜先生 | | 员姓名 | 董事兼财务总监：康晓莉女士 独立董事：董敏女士 副总经理兼董事会秘书 ...

Financial Performance - The company's operating revenue for Q1 2021 was ¥85,491,562.03, representing a 110.21% increase compared to ¥40,670,132.83 in the same period last year[7]. - The net profit attributable to shareholders was ¥21,137,248.04, a significant increase of 326.26% from ¥4,958,738.20 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥19,553,578.85, up 161.16% from ¥7,487,114.74 in the previous year[7]. - The basic earnings per share rose to ¥0.34, reflecting a 385.71% increase compared to ¥0.07 in the same period last year[7]. - The company's total comprehensive income for the first quarter of 2021 was CNY 21,009,657.90, compared to CNY 4,755,369.19 in the same period last year, representing a significant increase[45]. - Operating revenue reached CNY 104,682,342.35, a substantial rise from CNY 50,012,752.80 in the previous year[47]. - Net profit for the period was CNY 15,944,941.81, compared to CNY 8,357,759.63 in the same quarter last year, indicating an increase of approximately 90.5%[48]. Assets and Liabilities - Total assets at the end of the reporting period were ¥731,735,051.75, a slight increase of 0.06% from ¥731,273,540.35 at the end of the previous year[7]. - The company's current assets decreased to CNY 476,753,977.07 from CNY 482,386,609.23 at the end of 2020, indicating a decline of approximately 1.3%[34]. - Total liabilities decreased to CNY 207,113,541.56 from CNY 229,524,442.40, a reduction of approximately 9.8%[36]. - The company's equity remained stable at CNY 524,621,510.19, with no change in the share capital of CNY 63,000,000.00[36]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥20,498,464.13, worsening from a net outflow of ¥8,169,514.54 in the same period last year, indicating a 150.91% increase in cash outflow[7]. - The net cash flow from operating activities was negative at CNY -20,498,464.13, worsening from CNY -8,169,514.54 in the previous year[52]. - Cash inflow from operating activities totaled 31,090,114.27 yuan, up from 24,927,716.59 yuan in the previous period, reflecting a growth of approximately 24%[54]. - Cash outflow from operating activities increased to 48,407,479.06 yuan from 28,579,940.02 yuan, representing an increase of about 69%[54]. - The net cash flow from investing activities decreased by 2,068,323.26, a decline of 451.82% due to increased capital expenditures[18]. Shareholder Commitments and Regulations - The company is currently fulfilling its commitments related to shareholding and stock transfer restrictions[20]. - The company reported a commitment from major shareholders to not transfer or delegate their shares for twelve months following the stock's listing on the exchange[21]. - Major shareholders, including Li Wenxi and Cen Hong, committed to a maximum reduction of 25% of their shares within two years after the lock-up period[21]. - The company guarantees that there are no fraudulent issuance behaviors in its initial public offering[22]. - The company will repurchase all newly issued shares if any important facts are concealed or major false content is fabricated in the issuance documents[22]. - The company has committed to ensuring compliance with the regulations of the Shenzhen Stock Exchange regarding share reduction[22]. Research and Development - Research and development expenses for Q1 2021 were ¥8,598,969.70, up from ¥3,597,595.89, indicating a focus on innovation[43]. - Research and development expenses increased to CNY 6,681,238.90 from CNY 2,286,035.26, reflecting a growth of approximately 192%[47]. Operational Changes - There were no significant changes in the company's products or services during the reporting period[18]. - The company reported no major changes in its core competencies or key technical personnel[18]. - There were no changes in the top five suppliers or customers during the reporting period[18]. Compliance and Governance - The company emphasizes the importance of adhering to the corporate charter and ensuring accurate information disclosure to protect investors' interests[24]. - The company has made commitments to compensate investors for any losses incurred due to false statements or omissions in the prospectus and other disclosure materials[24]. - The company's management has committed to restricting personal consumption behaviors that could harm the company's interests[23].

Financial Performance - The company's operating revenue for 2020 was ¥364,147,928.59, representing a 23.18% increase compared to ¥295,621,646.03 in 2019[19]. - The net profit attributable to shareholders for 2020 was ¥83,793,083.33, a 15.32% increase from ¥72,659,986.32 in 2019[19]. - The company achieved an operating revenue of 364.15 million yuan in 2020, representing a year-on-year growth of 23.18%[47]. - The net profit attributable to the parent company was 83.79 million yuan, an increase of 15.32% compared to the previous year[47]. - The company's total assets reached 731.27 million yuan, with total liabilities of 229.52 million yuan, resulting in equity attributable to the parent company of 498.72 million yuan[47]. - The company reported a total of ¥6,481,336.83 in non-recurring gains for 2020, compared to ¥5,237,793.66 in 2019[24]. - The company’s basic earnings per share for 2020 were ¥1.33, up 15.65% from ¥1.15 in 2019[19]. - The total distributable profit for the year was RMB 216.31 million, with the cash dividend accounting for 100% of the profit distribution[109]. - The retained undistributed profit after the dividend distribution for 2020 is RMB 182.71 million, which will be carried forward to the next fiscal year[109]. Cash Flow and Investments - The net cash flow from operating activities decreased by 27.26% to ¥50,296,439.34 in 2020 from ¥69,141,489.68 in 2019[19]. - The net cash flow from investing activities was 9.91 million yuan, a significant increase of 139.71% year-on-year, mainly due to the maturity of bank wealth management products and asset acquisitions[58]. - The net cash flow from financing activities was -28.45 million yuan, an increase of 72.01% year-on-year, primarily due to loan repayments and dividends[58]. - Cash and cash equivalents rose by 33.68% to 99.10 million yuan, primarily due to the redemption of large financial products[53]. - The company reported a total of 556.16 million yuan in related party transactions, with a 100% approval rate for the transactions[130]. Research and Development - Research and development expenses increased by 35.08% to 34.63 million yuan, reflecting the company's commitment to innovation[55]. - The company applied for 35 patents during the year, with 15 patents granted, indicating a strong focus on technological advancement[48]. - The company’s R&D investment as a percentage of operating revenue increased to 9.51% from 8.67% in the previous year[76]. - The company aims to enhance its R&D efficiency by implementing a tiered research plan, focusing on product updates every 3-5 years and integrating intelligent control technologies[102]. - The company has developed high-performance components for special vehicles, which have been widely recognized in various national events[29]. Market Position and Strategy - The company has successfully replaced imports in the metallurgical plate forming processing field and has become a high-end equipment supplier, demonstrating its capability in specialized mechanical manufacturing[8]. - The company has established partnerships with major steel groups, including Baowu Steel Group and Hebei Iron and Steel Group, enhancing its market presence[28]. - The company plans to continue exploring market opportunities in the mechanical manufacturing sector, aiming to establish itself as a high-end manufacturer[46]. - The company is actively participating in the "Belt and Road" initiative, targeting underdeveloped countries for infrastructure projects, which presents significant market opportunities for its products[105]. - The company aims to contribute to "Made in China 2025" by consolidating its market advantages in precision equipment and expanding into specialized manufacturing sectors[93]. Customer and Supplier Relationships - The company achieved a revenue concentration of 58.71% from its top five customers in 2020, indicating a high customer concentration risk[6]. - The top five customers accounted for 58.71% of the total annual sales, indicating a significant concentration of revenue[67]. - The company has established long-term stable partnerships with quality customers through an integrated sales and service model[43]. - The top five suppliers accounted for ¥31,126,157.02 in purchases, representing 21.62% of the annual total purchases[72]. Dividend Policy - The company plans to distribute a cash dividend of 4 RMB per 10 shares (including tax) based on a total share capital of 84 million shares, with no bonus shares issued[9]. - The company has maintained a consistent cash dividend policy, with the cash dividend ratio for the past three years being 40.10% in 2020, 34.68% in 2019, and 50.34% in 2018[112]. - The company has a commitment to distribute at least 10% of the annual distributable profit as cash dividends, in line with its articles of association[110]. - The cash dividend for 2020 is the highest amount distributed in the last three years, reflecting the company's strong financial performance[112]. Corporate Governance and Compliance - The company guarantees that the prospectus and other disclosure materials for the initial public offering do not contain false records, misleading statements, or significant omissions[120]. - The company is focused on maintaining the interests of small and medium investors through strict adherence to its articles of association[119]. - The company has established a clear decision-making process for profit distribution to ensure transparency and accountability[119]. - The company has received commitments from various intermediaries, including accountants and legal advisors, to compensate investors for losses caused by any inaccuracies in the IPO documentation[120]. Social Responsibility - The company actively promotes social responsibility, contributing over 4 million yuan to various charitable activities, including a donation of 1 million yuan to support COVID-19 relief efforts[145]. - Since 2015, the company has invested over 2 million yuan in poverty alleviation projects, helping to lift all impoverished households in Jinbao Village out of poverty[146]. - The company has established a pig breeding cooperative to enhance local income, investing 5 million yuan to build a breeding facility[147]. - The company plans to continue its involvement in rural revitalization efforts, transitioning from poverty alleviation to supporting sustainable development in rural areas[148]. Shareholder Information - The company has maintained a total share count of 63,000,000, with 100% being limited shares[155]. - The largest shareholder, Li Wenxi, holds 34.64% of the shares, amounting to 21,826,000 shares[157]. - The company has a total of 105 shareholders, with no significant changes in the number of shareholders reported[157]. - The company’s major shareholders have committed to reducing their holdings in accordance with legal regulations, with a maximum of 1% of total shares through centralized bidding and 2% through block trading within any ninety-day period[116]. Management and Leadership - The company’s management team includes experienced professionals with backgrounds in engineering and finance, contributing to its operational strategy[178][180]. - The company has a focus on technological innovation and product development, as indicated by the expertise of its management team[179]. - The company has appointed new independent directors and supervisors on April 1, 2020, including Sun Zehou, Ni Guoju, and Dong Min[176]. - The financial director, Kang Xiaoli, received the highest remuneration among the directors at 998,400 yuan[200].