Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2022, representing a year-on-year increase of 15%[4]. - The net profit attributable to shareholders was 150 million RMB, an increase of 10% compared to the previous year[4]. - The company's operating revenue for 2022 was ¥1,767,177,121.13, representing an 8.00% increase compared to ¥1,636,316,358.96 in 2021[21]. - The net profit attributable to shareholders for 2022 was ¥85,518,994.44, a decrease of 26.18% from ¥115,854,407.38 in 2021[21]. - The net profit after deducting non-recurring gains and losses increased by 42.07% to ¥114,586,574.51 from ¥80,653,431.91 in 2021[21]. - The net cash flow from operating activities for 2022 was ¥260,130,564.59, a significant increase of 107.40% compared to ¥125,426,314.25 in 2021[21]. - The total assets at the end of 2022 were ¥2,708,746,866.63, a slight increase of 0.35% from ¥2,699,294,263.47 at the end of 2021[21]. - The company's basic earnings per share for 2022 was ¥0.20, down 28.57% from ¥0.28 in 2021[21]. - The company achieved total operating revenue of 1.767 billion yuan, an increase of 8% compared to the same period last year[61]. - The net profit attributable to shareholders was 85.52 million yuan, a decrease of 26.18% year-on-year[61]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 115 million yuan, an increase of 42.07% year-on-year[61]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 1.5 RMB per 10 shares, totaling approximately 6.34 million RMB[4]. - The board of directors has approved a dividend payout of 0.2 yuan per share, reflecting the company's strong financial performance and commitment to returning value to shareholders[138]. - The proposed cash dividend is RMB 1.5 per 10 shares, totaling RMB 63,405,410.85 to be distributed to shareholders[192]. - The company distributed cash dividends of RMB 63,405,410.85, which accounted for 100% of the total profit distribution[190]. Market Expansion and Strategy - The company is focusing on expanding its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[4]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[138]. - The company is actively exploring new business opportunities through product development and channel acquisitions in the international market[68]. - The company aims to leverage capital market opportunities to support efficient development of domestic and overseas businesses, while enhancing investor relations management[126]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge in the automotive sector[160]. Research and Development - The company has allocated 100 million RMB for research and development in new technologies for electric vehicles in 2023[4]. - The company added 59 new patents during the reporting period, with a total of over 900 authorized patents, including more than 800 valid patents[45]. - The company’s R&D expenses increased by 43.09% to ¥94,389,453.86 in 2022, primarily due to increased investment in smart cockpit development[82]. - The company is committed to enhancing its research and development capabilities, particularly in new product development and technology innovation[117]. - The company is investing in R&D, allocating 10% of its revenue towards new technologies and product development[164]. Product Development and Innovation - New product development includes the launch of an advanced automotive safety system, expected to contribute an additional 200 million RMB in revenue in 2023[4]. - The company is actively expanding its new energy product line, successfully securing 6 new project approvals in battery pack component materials[72]. - The company is developing a side protection device that assists drivers in parking in narrow spaces, enhancing product functionality and competitiveness[84]. - A new high-sensitivity electric child lock is being developed to improve response accuracy, aiming to increase market share in the electronic child lock category[84]. - The company is working on an intelligent automatic door system to improve user experience, aiming to increase market share in smart automotive projects[84]. Operational Efficiency and Management - The company is enhancing its management efficiency through organizational restructuring and performance assessment reforms[65]. - The company has established a comprehensive internal control system to effectively mitigate operational risks and ensure compliance with regulations[195]. - The company has implemented a training program that includes internal and external training to enhance employee skills and management capabilities[187]. - The company has a comprehensive salary management system and performance evaluation system to ensure competitive compensation for employees[186]. - The company has established a risk supervision mechanism, with no significant risks identified during the reporting period[183]. User Growth and Customer Engagement - User data indicates a growth in active users by 20% year-on-year, reaching 500,000 active users by the end of 2022[4]. - User data showed an increase in active users, reaching 5 million, which is a 20% increase compared to the previous year[164]. - The company is implementing a new customer loyalty program, aiming to increase repeat purchases by 20% in the next year[138]. Financial Position and Assets - As of the end of 2022, cash and cash equivalents amounted to ¥786,112,519.98, representing 29.02% of total assets, a decrease of 0.64% from the beginning of the year[93]. - Accounts receivable stood at ¥435,186,509.26, accounting for 16.07% of total assets, down by 1.04% compared to the start of the year[93]. - Inventory decreased to ¥228,443,794.42, making up 8.43% of total assets, a decline of 3.29% from the previous period[93]. Governance and Compliance - The company maintains independent operations and governance, ensuring no interference from controlling shareholders[146]. - The company has established an independent financial department with a standardized accounting system, ensuring financial autonomy[152]. - The company emphasizes transparency in information disclosure, adhering to legal and regulatory requirements[148]. - The company has a fully independent personnel management system, with no overlap in roles with controlling shareholders[151]. Risks and Challenges - The management highlighted potential risks including supply chain disruptions and regulatory changes that could impact future performance[4]. - The company faces foreign exchange risk due to high export revenue, with measures in place since 2018 to mitigate this through foreign exchange forward contracts[129]. - The company is exposed to risks from increased tariffs due to US-China trade tensions, with potential impacts on export performance if tariffs rise further[130].

Financial Performance - The company's revenue for Q1 2023 was CNY 405.46 million, a decrease of 10.75% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 35.01 million, an increase of 143.94% year-on-year[4]. - The net profit excluding non-recurring gains and losses was CNY 29.13 million, up 165.51% from the previous year[4]. - Basic earnings per share were CNY 0.0828, reflecting a growth of 143.53% compared to the same period last year[4]. - Total operating revenue for Q1 2023 was CNY 405,462,081.62, a decrease of 10.74% compared to CNY 454,290,527.13 in Q1 2022[20]. - Net profit for Q1 2023 reached CNY 32,577,426.48, significantly up from CNY 13,342,342.08 in Q1 2022, representing a year-on-year increase of 144.4%[21]. - The total comprehensive income for the first quarter of 2023 was CNY 34,732,829.74, compared to CNY 13,823,935.09 in the same period last year, representing an increase of approximately 151.2%[22]. - Basic and diluted earnings per share for the first quarter were CNY 0.0828, up from CNY 0.0340 in the previous year, indicating a growth of 144.1%[22]. Cash Flow and Assets - Operating cash flow net amount reached CNY 49.12 million, a significant increase of 6,412.28% year-on-year[4]. - The company reported a cash balance of CNY 714,127,343.73 as of March 31, 2023, down from CNY 786,112,519.98 at the beginning of the year, indicating a decrease of approximately 9.9%[16]. - The company’s cash and cash equivalents at the end of Q1 2023 were CNY 1,559,728,554.98, down from CNY 1,664,471,455.21 at the end of Q1 2022[18]. - The ending balance of cash and cash equivalents was CNY 662,636,974.71, down from CNY 880,493,584.89 at the end of the previous year[25]. - Net cash flow from operating activities was CNY 49,120,129.52, a significant increase from CNY 754,269.54 in the same period last year[24]. - Cash inflow from investment activities totaled CNY 490,448,225.43, down from CNY 645,354,226.16 year-over-year, reflecting a decrease of approximately 23.9%[25]. - The net cash flow from investment activities was negative at CNY -39,607,096.20, compared to a positive CNY 36,829,749.21 in the previous year[25]. - Cash flow from financing activities resulted in a net outflow of CNY -90,620,870.21, contrasting with a net inflow of CNY 102,040,330.88 in the same quarter last year[25]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2.60 billion, a decrease of 4.03% from the end of the previous year[4]. - The total assets as of the end of Q1 2023 were CNY 2,599,534,407.49, a decrease from CNY 2,708,746,866.63 at the end of Q1 2022[18]. - Total liabilities decreased to CNY 996,305,604.92 in Q1 2023 from CNY 1,143,780,412.06 in Q1 2022, a reduction of 12.9%[18]. - The equity attributable to shareholders of the parent company increased to CNY 1,596,924,407.68 in Q1 2023, compared to CNY 1,562,242,983.78 in Q1 2022, marking a growth of 2.2%[18]. Operational Insights - The company's gross margin improved significantly due to favorable impacts from exchange rates, raw materials, and shipping costs[8]. - Domestic business segments such as smart cockpit and off-road modification showed growth, compensating for declines in export sales[8]. - The company experienced a substantial reduction in shipping costs and raw material prices, contributing to improved cash flow[9]. - R&D expenses increased to CNY 24,529,987.85 in Q1 2023, up from CNY 19,931,543.92 in Q1 2022, reflecting a growth of 23.1%[20]. Shareholder Information - The total number of shares held by the top 10 unrestricted shareholders amounts to 290,715,137 shares, with the largest shareholder, Ma Yongtao, holding 107,044,131 shares, representing 25.32% of total shares[12]. - The company has a total of 65,448,000 shares held by Guangdong Dongjian Huiying Investment Co., Ltd., which is controlled by Ma Yongtao, indicating significant ownership concentration[12]. - The company plans to unlock 25% of the executive locked shares annually, with specific dates for release set for April 26, 2024[14]. Other Financial Metrics - The company reported a significant increase in other income to CNY 1,236,443.63 in Q1 2023, compared to CNY 1,350,381.04 in Q1 2022[21]. - The company’s financial expenses decreased to CNY 3,312,097.83 in Q1 2023 from CNY 6,909,751.20 in Q1 2022, a decline of 52.1%[20]. - The company reported a foreign currency translation loss of CNY -281,739.91, compared to a loss of CNY -529,615.83 in the previous year[22]. - The company’s prepayment items increased to CNY 22,101,675.63 from CNY 12,164,261.87, reflecting a growth of approximately 81.5%[16]. - The company’s financial report indicates a total of CNY 90,464,856.59 in receivables financing, down from CNY 114,392,616.89, a decrease of about 20.9%[16]. - Accounts receivable decreased to CNY 417,945,155.31 from CNY 435,186,509.26, reflecting a decline of about 3.5%[16]. - Inventory levels decreased to CNY 216,356,508.55 from CNY 228,443,794.42, showing a reduction of approximately 5.3%[16].

Group 1: Business Overview - Dongjian Technology has established key clients in the intelligent cockpit sector, including major automotive manufacturers such as GAC Aion, BYD, and SAIC Group [2] - The company has 13 designated projects for electric side doors, representing approximately 50% of known projects in the market [2][3] - The total number of R&D personnel is around 400, with 40%-50% focused on intelligent cockpit technology [3] Group 2: Product Development and Strategy - The company is focusing on core products in the intelligent cockpit sector, with plans to expand market share and achieve scale production [3] - New product research includes electric tailgates and hidden door handles, with some projects already in technical discussions [3] - The company aims to transition from technology leadership to cost leadership as production scales up [3] Group 3: Market Performance and Sales - Dongjian Technology's overseas sales are stable, generating approximately 1 billion annually, with North America accounting for about 70% of this revenue [3][4] - The company is exploring opportunities in the overseas modification market, which is characterized by high margins and diverse product categories [4] Group 4: Management and Corporate Strategy - The management team emphasizes a stable and focused approach to long-term development, with a high level of loyalty among middle management due to employee stock ownership plans [4] - There are currently no plans for a second-generation succession within the management team [4]

Group 1: Company Overview and Market Position - Dongjian Technology has established itself as a national high-tech enterprise and a top 100 exporter in the automotive industry, with a focus on enhancing brand influence and competitiveness [2][3]. - The company has received multiple honors, including "High-tech Enterprise," "AEO Advanced Certification Enterprise," and "Key Enterprise for Intellectual Property Protection in Guangdong Province" [3]. Group 2: Product Offerings - The main products include side load decorative systems, front and rear protection systems, vehicle interconnection intelligent electromechanical systems, and roof loading systems [3][4]. - The company is currently developing a new category of intelligent doors, which will continue to expand its compatible vehicle models [5][6]. Group 3: Investor Relations and Stock Performance - As of May 10, 2021, the number of shareholders was reported to be 30,344 [4]. - The company acknowledges the impact of macroeconomic factors and national policies on stock price fluctuations and is committed to enhancing business operations to improve market performance [5][6]. Group 4: Future Plans and Collaborations - Dongjian Technology is planning to expand into the new energy vehicle sector and has initiated cooperation with Hozon New Energy, with ongoing discussions with other companies in the sector [4][6]. - The company aims to strengthen its market potential and improve overall value to provide better returns to investors [5][6].

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。 广东东箭汽车科技股份有限公司 2022 年第三季度报告 证券代码：300978 证券简称：东箭科技 公告编号：2022-069 广东东箭汽车科技股份有限公司 2022 年第三季度报告 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 □是 否 1 广东东箭汽车科技股份有限公司 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 | 本报告期比上年同 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 期增减 | | 年同期增减 | | 营业收入（元） | 446,235,888.47 | 4.07 ...

广东东箭汽车科技股份有限公司 2022 年半年度报告 （公告编号：2022-056） 2022 年 8 月 27 日 广东东箭汽车科技股份有限公司 2022 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告 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。 公司负责人马永涛、主管会计工作负责人余强华及会计机构负责人 (会计主管人员)陈桔声明：保证本半年度报告中财务报告的真实、准确、 完整。 所有董事均已出席了审议本报告的董事会会议。 本报告涉及未来计划等前瞻性的相关陈述，属于公司计划性事务， 不构成对投资者的实质性承诺；本报告中涉及的业绩预测亦不构成公司 对投资者的实质性承诺，请投资者注意投资风险。 公司已在本报告中详细阐述公司可能面临的风险及应对措施，敬请 查阅本报告"第三节 管理层讨论与分析"之"十、公司面临的风险和 应对措施"，敬请投资者予以关注，注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 1 | | | | 第一节 重要提示、目录和释义 1 | | --- | | 第二节 ...

广东东箭汽车科技股份有限公司 2022 年第一季度报告全文 证券代码：300978 证券简称：东箭科技 公告编号：2022-018 广东东箭汽车科技股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告 中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增 | | --- | --- | --- | --- | | | | | 减 | | 营业收入（元） | 454,290,527.13 | 390,936,087.61 | 16.21% | | 归属于上市公司股东的净利润（元） | 14,353,5 ...

[Important Notice, Table of Contents, and Definitions](index=2&type=section&id=Item%201.%20Important%20Notice%2C%20Table%20of%20Contents%2C%20and%20Definitions) The company's board and management ensure the report's accuracy, and the 2021 profit distribution plan includes a cash dividend of RMB 1.00 per 10 shares - The company's Board of Directors, Board of Supervisors, and senior management ensure the truthfulness, accuracy, and completeness of this annual report and bear corresponding legal responsibilities[3](index=3&type=chunk) - The company's 2021 profit distribution plan proposes a cash dividend of **RMB 1.00 per 10 shares (tax inclusive)** based on 422,702,739 shares[4](index=4&type=chunk) [Company Profile and Key Financial Indicators](index=7&type=section&id=Item%202.%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section provides the company's basic information, key financial performance, and quarterly financial trends for 2021 [Company Basic Information](index=7&type=section&id=1.%20Company%20Information) This chapter provides the company's basic registration information, contact details, and information disclosure channels Company Basic Information | Item | Information | | :--- | :--- | | **Stock Abbreviation** | Dongjian Technology | | **Stock Code** | 300978 | | **Chinese Name** | Guangdong Dongjian Automobile Technology Co., Ltd. | | **Legal Representative** | Ma Yongtao | | **Registered Address** | B333 Lecong Avenue West, Lecong Town, Shunde District, Foshan City | | **Company Website** | http://www.dongjian.cc | [Key Accounting Data and Financial Indicators](index=8&type=section&id=5.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In 2021, the company's operating revenue grew by 10.92% to RMB 1.64 billion, while net profit attributable to shareholders significantly decreased by 39.24% to RMB 116 million Key Financial Indicators | Key Financial Indicators | 2021 | 2020 | YoY Change | | :--- | :--- | :--- | :--- | | **Operating Revenue (RMB)** | 1,636,316,358.96 | 1,475,252,249.91 | 10.92% | | **Net Profit Attributable to Shareholders (RMB)** | 115,854,407.38 | 190,684,971.38 | -39.24% | | **Net Profit Attributable to Shareholders Excluding Non-Recurring Items (RMB)** | 80,653,431.91 | 157,432,790.16 | -48.77% | | **Net Cash Flow from Operating Activities (RMB)** | 125,426,314.25 | 284,917,921.15 | -55.98% | | **Basic Earnings Per Share (RMB/share)** | 0.28 | 0.50 | -44.00% | | **Weighted Average Return on Net Assets** | 9.18% | 15.70% | -6.52% | | **Total Assets (RMB)** | 2,699,294,263.47 | 1,783,103,132.53 | 51.38% | | **Net Assets Attributable to Shareholders (RMB)** | 1,516,899,723.95 | 1,309,687,797.58 | 15.82% | [Quarterly Key Financial Indicators](index=9&type=section&id=6.%20Quarterly%20Key%20Financial%20Indicators) The company's Q1 2021 net profit was the highest at RMB 51.23 million, with subsequent quarters showing significant profit decline, while revenue remained high in Q3 and Q4 Quarterly Key Financial Indicators | Indicator (RMB) | Q1 | Q2 | Q3 | Q4 | | :--- | :--- | :--- | :--- | :--- | | **Operating Revenue** | 390,936,087.61 | 385,161,346.71 | 428,770,856.60 | 431,448,068.04 | | **Net Profit Attributable to Shareholders** | 51,229,635.37 | 18,186,443.91 | 25,601,021.29 | 20,837,306.81 | | **Net Profit Attributable to Shareholders Excluding Non-Recurring Items** | 50,727,815.90 | 10,421,802.31 | 13,932,199.12 | 5,571,614.58 | | **Net Cash Flow from Operating Activities** | 66,928,652.21 | -3,329,512.65 | 24,709,541.34 | 37,117,633.35 | [Non-Recurring Gains and Losses Items and Amounts](index=9&type=section&id=8.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) In 2021, non-recurring gains and losses totaled RMB 35.20 million, primarily from wealth management and foreign exchange derivatives, and government subsidies Non-Recurring Gains and Losses Items and Amounts | Item (RMB) | 2021 Amount | 2020 Amount | | :--- | :--- | :--- | | **Total Non-Recurring Gains and Losses** | 35,200,975.47 | 33,252,181.22 | | **Major Constituent Items** | | | | Government Subsidies | 13,937,893.85 | 15,533,410.99 | | Fair Value Changes of Financial Assets/Liabilities and Investment Income | 29,020,356.33 | 25,520,505.40 | [Management Discussion and Analysis](index=11&type=section&id=Item%203.%20Management%20Discussion%20and%20Analysis) This section analyzes the company's industry, core businesses, competitive advantages, financial performance, and future development strategies [Industry Overview During the Reporting Period](index=11&type=section&id=1.%20Industry%20Overview%20During%20the%20Reporting%20Period) The company operates in the automotive aftermarket and smart cockpit sectors, with the global aftermarket showing stable growth and the domestic smart cockpit market rapidly expanding due to new energy vehicles - The company established a "One Body, Two Wings" strategy, simultaneously developing global automotive aftermarket products and global automotive smart cockpit control systems[29](index=29&type=chunk) - The U.S. automotive aftermarket parts market reached **USD 47.89 billion in 2020**, projected to grow to **USD 55.00 billion by 2024**[31](index=31&type=chunk) - China's new energy vehicle penetration rate increased from **5.24% to 13.24% in 2021**, creating opportunities for import substitution and market growth for domestic intelligent automotive component manufacturers[33](index=33&type=chunk)[34](index=34&type=chunk) [Company's Main Businesses During the Reporting Period](index=12&type=section&id=2.%20Company%27s%20Main%20Businesses%20During%20the%20Reporting%20Period) The company specializes in automotive intelligent, safety, and personalized products, utilizing a self-production model with diverse sales channels, primarily ODM direct sales overseas Production and Sales Volume of Main Components | Component Category | Production Volume (0.1 million sets) | Production YoY | Sales Volume (0.1 million sets) | Sales YoY | | :--- | :--- | :--- | :--- | :--- | | **Side Step and Decorative System Products** | 109.21 | 18.85% | 101.94 | 16.88% | | **Roof Rack System Products** | 13.42 | 36.24% | 15.57 | 46.47% | | **Front and Rear Protection System Products** | 61.94 | 27.69% | 58.43 | 20.62% | | **In-Vehicle Connected Intelligent Electromechanical System Products** | 13.96 | -13.88% | 12.75 | -18.22% | - The company also engages in new energy vehicle component business, with sales revenue of **RMB 18.50 million in 2021**[41](index=41&type=chunk)[42](index=42&type=chunk) [Analysis of Core Competencies](index=14&type=section&id=3.%20Analysis%20of%20Core%20Competencies) The company's core competencies include continuous product innovation, global development, flexible manufacturing, comprehensive sales channels, a stable management team, and employee equity incentives - The company holds **over 600 authorized patents** and received the "22nd China Patent Excellence Award"[44](index=44&type=chunk) - The company has established a flexible manufacturing and operation system for "multi-variety, small-batch, customized" production, launching **thousands of new products annually**[48](index=48&type=chunk) - The company employs a multi-brand strategy, owning three major brands: "Winbo", "YUPIN", and "Steelcraft", each positioned for different market segments[49](index=49&type=chunk)[50](index=50&type=chunk)[51](index=51&type=chunk) [Main Business Analysis](index=16&type=section&id=4.%20Main%20Business%20Analysis) In 2021, operating revenue grew by 10.92% to RMB 1.64 billion, but net profit declined by 39.24% to RMB 116 million due to rising costs and exchange rates, with overall gross margin decreasing - Performance fluctuations were primarily influenced by three mid-to-short-term factors: significant increases in raw material (iron, steel, aluminum) prices, soaring international shipping costs, and exchange losses due to RMB appreciation[57](index=57&type=chunk) - The company established a "One Body, Two Wings" mid-to-long-term development strategy, focusing on smart cockpits and automotive aftermarket businesses, and acquired Weijie Auto in November 2021 to strengthen its pre-installation market presence[58](index=58&type=chunk)[59](index=59&type=chunk) Business Segments | Business Segment | 2021 Operating Revenue | YoY Change | | :--- | :--- | :--- | | **Smart Cockpit Business** | RMB 265 million | -6.83% | | **International Market Business** | RMB 1.12 billion | +15.79% | | **Domestic Aftermarket Distribution Business** | RMB 174 million | -9.87% | Revenue, Cost, Gross Margin by Product/Region | Category | Operating Revenue (RMB) | Operating Cost (RMB) | Gross Margin | Gross Margin YoY Change | | :--- | :--- | :--- | :--- | :--- | | **By Product** | | | | | | Side Step and Decorative System Products | 584,503,496.42 | 454,115,246.76 | 22.31% | -14.03% | | Front and Rear Protection System Products | 494,097,165.32 | 379,208,784.28 | 23.25% | -7.11% | | In-Vehicle Connected Intelligent Electromechanical System Products | 267,648,999.04 | 153,307,616.48 | 42.72% | -3.47% | | **By Region** | | | | | | Domestic Sales | 516,491,907.89 | 305,181,449.09 | 40.91% | -2.64% | | Export Sales | 1,119,824,451.07 | 871,049,591.76 | 22.22% | -11.32% | Expense Items | Expense Item (RMB) | 2021 | 2020 | YoY Change | | :--- | :--- | :--- | :--- | | **Selling Expenses** | 112,882,177.22 | 104,388,285.96 | 8.14% | | **Administrative Expenses** | 137,664,499.23 | 115,202,448.89 | 19.50% | | **Financial Expenses** | 24,471,473.25 | 41,010,997.12 | -40.33% | | **R&D Expenses** | 65,967,075.93 | 54,267,241.32 | 21.56% | Cash Flow Items | Cash Flow Item (RMB) | 2021 | 2020 | YoY Change | | :--- | :--- | :--- | :--- | | **Net Cash Flow from Operating Activities** | 125,426,314.25 | 284,917,921.15 | -55.98% | | **Net Cash Flow from Investing Activities** | -343,022,809.96 | 94,103,023.26 | -464.52% | | **Net Cash Flow from Financing Activities** | 189,949,435.99 | 108,251,446.09 | 75.47% | | **Net Increase in Cash and Cash Equivalents** | -50,278,391.79 | 447,593,091.22 | -111.23% | [Non-Core Business Operations](index=28&type=section&id=5.%20Non-Core%20Business%20Operations) In 2021, non-core operations had a mixed impact on total profit, with investment and fair value gains contributing RMB 30.38 million, offset by RMB 24.79 million in asset impairment losses Non-Core Business Items | Item | Amount (RMB) | % of Total Profit | Reason for Formation | | :--- | :--- | :--- | :--- | | **Investment Income** | 24,072,156.27 | 19.07% | Forward foreign exchange settlement and wealth management income | | **Fair Value Change Gains/Losses** | 6,308,192.36 | 5.00% | Fair value changes from forward foreign exchange settlement and wealth management | | **Asset Impairment** | -24,786,071.80 | -19.63% | Primarily due to provision for inventory impairment | | **Other Income** | 14,021,467.45 | 11.11% | Primarily government subsidies | [Analysis of Assets and Liabilities](index=29&type=section&id=6.%20Analysis%20of%20Assets%20and%20Liabilities) As of year-end 2021, total assets reached RMB 2.70 billion, a 51.38% increase, with a shift in asset composition and RMB 445 million in restricted assets - As of the end of the reporting period, the company had **RMB 445 million in restricted assets**, including monetary funds, notes receivable, accounts receivable, fixed assets, and intangible assets, primarily for deposits, pledges, and mortgages[96](index=96&type=chunk) [Analysis of Investment Activities](index=30&type=section&id=7.%20Analysis%20of%20Investment%20Activities) Investment increased significantly by 746.82%, primarily due to the RMB 191 million acquisition of Guangdong Weijie Auto Parts and the deployment of RMB 302 million IPO proceeds into smart manufacturing and R&D - The most significant equity investment during the reporting period was the **RMB 191 million cash acquisition of 100% equity in Guangdong Weijie Auto Parts Manufacturing Co., Ltd**. Weijie Auto committed to net profits of no less than **RMB 18 million, RMB 24 million, and RMB 30 million for 2021-2023**, respectively[100](index=100&type=chunk)[227](index=227&type=chunk) - The company completed its initial public offering of new shares in 2021, raising a total of **RMB 358 million**, with net proceeds of **RMB 302 million**[106](index=106&type=chunk) - As of year-end 2021, **RMB 96.56 million of the raised funds had been utilized**, with **RMB 188 million remaining unused**, primarily allocated for smart manufacturing upgrades and R&D center construction projects[105](index=105&type=chunk)[108](index=108&type=chunk) [Outlook on Future Development](index=38&type=section&id=11.%20Outlook%20on%20Future%20Development) The company's five-year strategy focuses on smart cockpit systems and automotive aftermarket products, expanding internationally and in domestic new energy vehicle pre-installation, while addressing risks like exchange rate fluctuations and trade friction - The company has defined its "One Body, Two Wings" development strategy for the next five years, focusing on global automotive smart cockpit control systems and global automotive aftermarket products[120](index=120&type=chunk) - The company faces key risks including: - **Exchange rate fluctuation risk**: High proportion of export revenue, RMB appreciation negatively impacts performance[127](index=127&type=chunk) - **Sino-US trade friction risk**: Products exported to the U.S. are subject to additional tariffs[128](index=128&type=chunk) - **ODM sales model risk**: Export sales are primarily ODM, leading to some reliance on major clients[130](index=130&type=chunk) - **Accounts receivable collection risk**: Accounts receivable totaled **RMB 462 million** at period-end, accounting for **17.11% of total assets**[131](index=131&type=chunk) - **Large inventory scale and impairment risk**: Inventory totaled **RMB 316 million** at period-end, accounting for **16.04% of current assets**[132](index=132&type=chunk) [Corporate Governance](index=42&type=section&id=Item%204.%20Corporate%20Governance) This section details the company's governance structure, board and management information, and profit distribution policies [Basic Status of Corporate Governance](index=42&type=section&id=1.%20Basic%20Status%20of%20Corporate%20Governance) During the reporting period, the company operated in strict compliance with laws and regulations, maintaining independence from its controlling shareholder in all key operational aspects - The company's corporate governance complies with relevant laws and regulations, with the General Meeting of Shareholders, Board of Directors, and Board of Supervisors operating in a standardized manner, safeguarding shareholder interests[138](index=138&type=chunk) - The company is independent from its controlling shareholder in terms of business, assets, personnel, organization, and finance, possessing independent and complete business operations and autonomous operating capabilities[143](index=143&type=chunk)[146](index=146&type=chunk) [Directors, Supervisors, and Senior Management](index=44&type=section&id=7.%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) This chapter details the basic information, shareholding changes, compensation, and external positions of the company's directors, supervisors, and senior management, with total compensation of RMB 4.01 million - During the reporting period, Supervisor Lin Lin, Director Gan Ze, and Supervisor Yuan Jie successively resigned. The company elected Yuan Jie as a Director and He Fei as a Supervisor and Chairman of the Board of Supervisors[155](index=155&type=chunk)[156](index=156&type=chunk) Compensation of Directors, Supervisors, and Senior Management | Name | Position | Total Pre-tax Compensation from the Company (RMB 0.01 million) | | :--- | :--- | :--- | | Ma Yongtao | Chairman | 36.00 | | Luo Jun | Director, General Manager | 41.11 | | Chen Zijia | Director, Deputy General Manager | 37.94 | | Xia Yanhuo | Director, Deputy General Manager | 37.88 | | Yu Qianghua | Director, CFO | 34.39 | | **Total** | **--** | **401.23** | [Company Profit Distribution and Capital Reserve Conversion to Share Capital](index=58&type=section&id=12.%20Company%20Profit%20Distribution%20and%20Capital%20Reserve%20Conversion%20to%20Share%20Capital) The 2021 profit distribution plan proposes a cash dividend of RMB 1.00 per 10 shares based on 422,702,739 shares, totaling RMB 42.27 million, with no bonus shares or capital reserve conversion 2021 Profit Distribution Plan | Item | Amount/Ratio | | :--- | :--- | | **Dividend per 10 shares (RMB) (tax inclusive)** | 1.00 | | **Cash Dividend Amount (RMB) (tax inclusive)** | 42,270,273.90 | | **Distributable Profit (RMB)** | 244,466,952.11 | | **Proportion of Total Cash Dividend to Total Profit Distribution** | 100.00% | [Environmental and Social Responsibility](index=62&type=section&id=Item%205.%20Environmental%20and%20Social%20Responsibility) This section outlines the company's environmental compliance, pollution control measures, and active engagement in social responsibility initiatives [Major Environmental Issues](index=62&type=section&id=1.%20Major%20Environmental%20Issues) The company's second and third branches are key polluting units, but during the reporting period, all pollutant emissions were below national standards, and no environmental penalties were incurred - The company's second and third branches are designated as key polluting units, primarily involving wastewater and exhaust gas from metal surface treatment[200](index=200&type=chunk)[201](index=201&type=chunk) - During the reporting period, the emission concentrations of all major pollutants from the company were below national standards, with no instances of exceeding limits[200](index=200&type=chunk)[201](index=201&type=chunk) [Social Responsibility Performance](index=64&type=section&id=2.%20Social%20Responsibility%20Performance) The company actively fulfills its social responsibilities, investing in stakeholder protection, environmental stewardship, and community welfare, with total donations of approximately RMB 7 million during the period - The company actively participates in social welfare, providing total charitable education donations of approximately **RMB 1.982 million** during the reporting period[211](index=211&type=chunk) - To support rural revitalization, the company established a pairing assistance relationship with Qiaopei Village in Leishan County, Guizhou, and plans to invest **RMB 5 million** to support the construction of Yangjiao Village in Lecong Town, Foshan[214](index=214&type=chunk)[215](index=215&type=chunk) [Significant Matters](index=67&type=section&id=Item%206.%20Significant%20Matters) This section covers the fulfillment of commitments, significant related-party transactions, and other major corporate events during the reporting period [Fulfillment of Commitments](index=67&type=section&id=1.%20Fulfillment%20of%20Commitments) All commitments made by the company and related parties during the IPO, including share lock-up, dividend, and performance pledges for the Weijie acquisition, were duly fulfilled during the reporting period - The company's controlling shareholder and actual controller, Ma Yongtao, committed not to reduce holdings within **36 months** from the listing date, while other directors, supervisors, senior management, and institutional shareholders committed to **12 months**[218](index=218&type=chunk)[221](index=221&type=chunk)[222](index=222&type=chunk) - The counterparty for the acquisition target, Weijie Auto, committed that Weijie Auto's net profits for 2021-2023 would be no less than **RMB 18 million, RMB 24 million, and RMB 30 million**, respectively. In 2021, the actual net profit achieved was **RMB 21.1919 million**, fulfilling the commitment[227](index=227&type=chunk)[228](index=228&type=chunk)[229](index=229&type=chunk) [Significant Related-Party Transactions](index=74&type=section&id=14.%20Significant%20Related-Party%20Transactions) Key related-party transactions included material purchases from Foshan Yingxun Plastic Technology for RMB 16.65 million and capital injection into Dongjian Intelligent with an employee stock ownership platform involving some directors and senior management - The company purchased materials totaling **RMB 16.6477 million** from related party Foshan Yingxun Plastic Technology Co., Ltd., accounting for **1.94% of similar transactions**, and not exceeding the approved limit of RMB 18.80 million[242](index=242&type=chunk) - The company introduced the employee stock ownership platform Xinyu Donghan to inject **RMB 10 million** into its subsidiary Dongjian Intelligent, with some of the company's directors, supervisors, and senior management participating in Xinyu Donghan's capital contribution, constituting a related-party transaction[245](index=245&type=chunk) [Explanation of Other Significant Matters](index=78&type=section&id=16.%20Explanation%20of%20Other%20Significant%20Matters) During the reporting period, the company completed the RMB 191 million acquisition of Guangdong Weijie Auto Parts and implemented the 2020 profit distribution plan, paying RMB 211 million in cash dividends - The company completed the **RMB 191 million cash acquisition of 100% equity in Guangdong Weijie Auto Parts Manufacturing Co., Ltd.**, with industrial and commercial change registration completed on December 1, 2021[258](index=258&type=chunk)[259](index=259&type=chunk) - The company implemented its 2020 equity distribution plan, distributing a cash dividend of **RMB 5 per 10 shares** to all shareholders, totaling **RMB 211 million**[259](index=259&type=chunk)[260](index=260&type=chunk) [Share Changes and Shareholder Information](index=79&type=section&id=Item%207.%20Share%20Changes%20and%20Shareholder%20Information) This section details changes in the company's share capital, shareholder structure, and information on the controlling shareholder [Share Capital Changes](index=79&type=section&id=1.%20Share%20Capital%20Changes) During the reporting period, the company's total share capital increased from 380 million to 423 million shares due to an IPO of 42.5 million new shares, with 89.95% of shares subject to sales restrictions post-issuance - The company listed on the ChiNext board on April 26, 2021, with an initial public offering of **42.50 million new shares**, increasing total share capital to **422,702,739 shares**[265](index=265&type=chunk)[266](index=266&type=chunk) [Shareholders and Actual Controller Information](index=83&type=section&id=3.%20Shareholders%20and%20Actual%20Controller%20Information) As of the reporting period end, the company had 14,645 shareholders, with actual controller Ma Yongtao holding a significant stake directly and indirectly, and a high concentration among the top ten shareholders Top Shareholders | Shareholder Name | Shareholder Type | Shareholding Percentage | Shares Held at Period-End | | :--- | :--- | :--- | :--- | | Ma Yongtao | Domestic Natural Person | 25.32% | 107,044,131 | | Guangdong Dongjian Huiying Investment Co., Ltd. | Domestic Non-State-Owned Legal Person | 15.48% | 65,448,000 | | Ma Huiyang | Domestic Natural Person | 11.23% | 47,456,999 | | Luo Jun | Domestic Natural Person | 5.59% | 23,623,783 | - The company's actual controller is Mr. Ma Yongtao, the Chairman[278](index=278&type=chunk)[279](index=279&type=chunk) [Preferred Shares Information](index=88&type=section&id=Item%208.%20Preferred%20Shares%20Information) This section confirms the absence of preferred shares during the reporting period [No Preferred Shares](index=88&type=section&id=No%20Preferred%20Shares) The company had no preferred shares during the reporting period - The company had no preferred shares during the reporting period[284](index=284&type=chunk) [Bonds Information](index=89&type=section&id=Item%209.%20Bonds%20Information) This section confirms the absence of bonds during the reporting period [No Bonds](index=89&type=section&id=No%20Bonds) The company had no bonds during the reporting period - The company had no bond-related information during the reporting period[287](index=287&type=chunk) [Financial Report](index=90&type=section&id=Item%2010.%20Financial%20Report) This section includes the audit report and detailed financial statements, highlighting the company's financial performance and position [Audit Report](index=90&type=section&id=1.%20Audit%20Report) Huaxing Certified Public Accountants issued a standard unqualified audit opinion on the company's 2021 financial statements, with key audit matters including revenue recognition, accounts receivable impairment, and inventory impairment - The audit opinion type is a standard unqualified opinion[289](index=289&type=chunk) - Key audit matters include: - **Recognition of operating revenue**: Due to its nature as a key performance indicator and inherent risk of management override[291](index=291&type=chunk) - **Impairment of accounts receivable**: Due to its material amount (**17.11% of total assets**) and significant management judgment involved[293](index=293&type=chunk) - **Impairment of inventory**: Due to its material amount (**11.72% of total assets**) and the need for significant management estimates regarding net realizable value[294](index=294&type=chunk) [Financial Statements](index=94&type=section&id=2.%20Financial%20Statements) This section presents the company's 2021 consolidated and parent company financial statements, including balance sheets, income statements, cash flow statements, and statements of changes in equity, along with detailed notes Consolidated Balance Sheet Key Items | Consolidated Balance Sheet Key Items (RMB) | December 31, 2021 | December 31, 2020 | | :--- | :--- | :--- | | **Total Assets** | 2,699,294,263.47 | 1,783,103,132.53 | | **Total Liabilities** | 1,173,324,960.76 | 470,228,686.20 | | **Total Equity Attributable to Parent Company Owners** | 1,516,899,723.95 | 1,309,687,797.58 | Consolidated Income Statement Key Items | Consolidated Income Statement Key Items (RMB) | 2021 | 2020 | | :--- | :--- | :--- | | **Total Operating Revenue** | 1,636,316,358.96 | 1,475,252,249.91 | | **Total Operating Cost** | 1,530,903,918.62 | 1,254,599,564.55 | | **Operating Profit** | 129,165,071.35 | 221,618,792.33 | | **Net Profit** | 116,866,647.76 | 191,405,309.98 | | **Net Profit Attributable to Parent Company Shareholders** | 115,854,407.38 | 190,684,971.38 |

广东东箭汽车科技股份有限公司 2021 年第三季度报告 证券代码：300978 证券简称：东箭科技 公告编号：2021-060 广东东箭汽车科技股份有限公司 2021 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 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年 | 年初至报告期末 | 年初至报告期末比 | | --- | --- | --- | --- | --- | | | | 同期增减 | | 上年同期增减 | | 营业收入（元） | 428,770,856.60 | 1.42% | 1,204,868,290.92 | 1 ...

广东东箭汽车科技股份有限公司 2021 年半年度报告全文 广东东箭汽车科技股份有限公司 2021 年半年度报告 (公告编号：2021-039) 2021 年 08 月 广东东箭汽车科技股份有限公司 2021 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 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。 公司负责人马永涛、主管会计工作负责人余强华及会计机构负责人(会计主 管人员)陈桔声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告涉及未来计划等前瞻性的相关陈述，属于公司计划性事务，不构成 对投资者的实质性承诺；本报告中涉及的业绩预测亦不构成公司对投资者的实 质性承诺，请投资者注意投资风险。 公司在本报告第三节"管理层讨论与分析"之"十、公司面临的风险和应 对措施"，详细描述了公司经营中可能存在的风险及应对措施，敬请投资者关注 相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 1 $$\mathbf{H}\,{\overline{{\ ...