编号：2023-001 | 投资者关系活动 | □特定对象调研 分析师会议 □ | | --- | --- | | 类别 | 业绩说明会 □ 媒体采访 √ | | | □ 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 2022 年度业绩说明会的广大投资者 | | 人员姓名 | | | 时间 | 2023 年 5 月 22 日 (周一) 下午 14:00~16:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 采用网络远程的方式召开业绩说明会 | | 上市公司接待人 | 1、董事长张远 | | 员姓名 | 2、董事、财务总监周波 | | | 3、独立董事王彦明 | | | 4、董事会秘书张淑英 | | | 5、保荐代表人李利刚 | | | 投资者提出的问题及公司回复情况 | | | 公司就投资者在本次说明会中提出的问题进行了回复： | | | 1、公司是否有改善财务状况的具体计划和措施？ | | | 尊敬的投资者您好！公司有改善财务状况的具体计划和措 | | ...

证券代码： 300985 证券简称：致远新能 公告编号：2023-027 长春致远新能源装备股份有限公司 关于参加网上集体业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 长春致远新能源装备股份有限公司（以下简称"公司"）已于2023 年4月26日 在巨潮资讯网（http://www.cninfo.com.cn/）上披露了《2022年年度报告》《2022 年年度报告摘要》。 为便于广大投资者进一步了解公司2022全年的经营情况，公司将参加由吉林证 监局、吉林省证券业协会、深圳市全景网络有限公司共同举办的"2023 年吉林辖区 上市公司网上集体业绩说明会"，时间为2023年5月22日（星期一）下午14:00 至 16:00时,本次说明会将以网络在线互动的形式进行，投资者可登陆全景网（ http://ir.p5w.net）参与互动交流。 二、出席人员 出席本次网上说明会的人员有：公司董事长张远先生；独立董事王彦明先生； 董事、财务总监周波女士；副总经理、董事会秘书张淑英女士；保荐代表人李利刚 先生（如有特殊情况，参会人员可能进行调整）。 三、会议问 ...

Revenue and Growth - The company's revenue for Q1 2023 was ¥216,090,082.14, representing a 370.55% increase compared to ¥45,922,921.63 in the same period last year[5] - Total operating revenue for Q1 2023 reached ¥216,090,082.14, a significant increase from ¥45,922,921.63 in the same period last year, representing a growth of approximately 370%[17] - The company achieved revenue of ¥84,042,300 from its new lithium-ion battery anode material project in Q1 2023, contributing positively to overall revenue[8] Losses and Earnings - The net loss attributable to shareholders was ¥35,596,760.29, a decline of 782.37% from a loss of ¥4,034,236.11 in the previous year[5] - Basic and diluted earnings per share decreased by 790.00% to -¥0.2670 from -¥0.03 in the previous year[9] - The net profit for Q1 2023 was -35,597,660.29 CNY, compared to -4,034,236.11 CNY in the same period last year, indicating a significant increase in losses[18] - The total comprehensive income for Q1 2023 was -35,597,660.29 CNY, compared to -4,034,236.11 CNY in Q1 2022, indicating a worsening financial position[19] Cash Flow and Operating Activities - The net cash flow from operating activities was -¥262,781,671.22, a decrease of 906.33% compared to ¥32,589,779.20 in the same period last year[5] - Operating cash flow for Q1 2023 was -262,781,671.22 CNY, a decrease from 32,589,779.20 CNY in Q1 2022, reflecting a substantial decline in cash generation[22] - The total operating cash outflow for Q1 2023 was 299,311,080.50 CNY, significantly higher than 62,529,930.54 CNY in Q1 2022[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,817,598,042.80, an increase of 12.75% from ¥1,612,049,902.89 at the end of the previous year[5] - Total assets as of Q1 2023 were ¥1,817,598,042.80, up from ¥1,612,049,902.89 at the beginning of the year, indicating a growth of about 12.7%[15] - Total liabilities increased to ¥642,496,251.92 from ¥429,336,621.69, representing a rise of approximately 49.6%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,107[10] - The company's equity attributable to shareholders decreased to ¥1,168,705,812.41 from ¥1,174,299,923.80, reflecting a decline of approximately 0.5%[15] Cash and Cash Equivalents - The company's cash and cash equivalents at the end of Q1 2023 amounted to ¥159,445,183.67, up from ¥151,332,780.72 at the beginning of the year, reflecting an increase of approximately 5%[13] - Cash and cash equivalents at the end of Q1 2023 were 159,445,183.67 CNY, down from 566,292,277.76 CNY at the end of Q1 2022[22] Expenses - Total operating costs for Q1 2023 were ¥243,336,469.87, compared to ¥49,666,185.45 in Q1 2022, indicating a rise of about 389%[17] - Research and development expenses increased to 3,487,605.71 CNY from 2,476,221.88 CNY, representing a growth of about 40.8%[18] - The company incurred financial expenses of -834,494.37 CNY, a significant improvement compared to -3,986,048.96 CNY in the previous year[18] Government Support - The company received government subsidies amounting to ¥1,363,811.98 during the reporting period[6] Accounts Receivable and Inventory - Accounts receivable increased significantly to ¥201,830,302.66 from ¥54,728,387.71, marking a growth of about 267%[13] - Inventory levels rose to ¥339,278,455.93 in Q1 2023, compared to ¥277,004,488.96 at the start of the year, which is an increase of approximately 22.5%[14]

Financial Performance - The company's operating revenue for 2022 was ¥165,837,220.10, a decrease of 57.87% compared to ¥393,643,829.02 in 2021[26]. - The net profit attributable to shareholders for 2022 was -¥51,564,970.98, representing a decline of 366.92% from a profit of ¥19,318,255.40 in 2021[26]. - The net cash flow from operating activities decreased by 61.16% to ¥21,424,256.24 in 2022, down from ¥55,166,569.67 in 2021[26]. - The total assets at the end of 2022 were ¥1,612,049,902.89, an increase of 10.19% from ¥1,462,922,449.30 at the end of 2021[26]. - The company's basic earnings per share for 2022 was -¥0.39, a decrease of 343.75% from ¥0.16 in 2021[26]. - The company reported a net profit attributable to shareholders after deducting non-recurring gains and losses of -¥62,849,970.55 in 2022, compared to a profit of ¥14,566,327.07 in 2021, a decline of 531.47%[26]. - The company reported an increase in asset impairment losses totaling 28.02 million yuan in 2022, compared to the previous year[73]. - The company’s weighted average return on equity was -4.29% in 2022, down from 1.96% in 2021[26]. Market Conditions - The company's operating performance declined due to macroeconomic slowdown and changes in industrial policies, impacting overall business operations[5]. - High volatility in natural gas prices diminished the economic advantages of LNG heavy trucks, leading to a decrease in production and sales volume[5]. - The LNG heavy-duty truck's fuel economy advantage has diminished due to high LNG natural gas price fluctuations in 2022, leading to decreased sales and production of LNG heavy-duty trucks[41]. - The heavy truck market in 2022 saw sales of approximately 672,000 units, a year-on-year decline of 51.8%[68]. - The overall demand for commercial vehicles, particularly LNG vehicles, has been sluggish, affecting the company's operational performance[68]. - The heavy truck market has been in a significant downturn, influenced by macroeconomic factors and changes in industrial policies[68]. Strategic Initiatives - The company is focused on enhancing its market position through new product development and technological advancements[5]. - The company has outlined its future development outlook, which includes potential risks and strategies to address them[5]. - The company is committed to transparency in its financial disclosures and has made its annual report available through various media channels[24]. - The company is actively involved in the development of new energy technologies, including sodium-ion batteries and solid-state lithium-ion batteries[48]. - The company is positioned to benefit from the government's emphasis on clean energy and the development of LNG fuel supply systems in the maritime sector[43]. - The company aims to expand its market presence in the LNG supply systems for heavy-duty trucks and engineering vehicles[49]. - The company is focusing on the development of high-value, high-tech products, including LNG supply systems and hydrogen fuel cell systems, to expand its product structure[140]. Research and Development - The company is focusing on key technology research in lithium battery anode materials and hydrogen fuel cell vehicle hydrogen supply systems to enhance product competitiveness[85]. - The company has established a complete independent research and development system to keep pace with market demands and technological advancements in the lithium-ion battery and hydrogen fuel cell industries[150]. - R&D investment amounted to ¥14,874,602.80 in 2022, representing 8.97% of operating revenue, up from 5.27% in 2021[108]. - The company is conducting research on LNG cylinders with extended insulation properties, targeting a vacuum degree index of ≤6.0×10^-8 Pa•m3/s within five years[106]. - The company is working on a hydrogen energy battery gas supply system, with the next step being actual hydrogen charging tests[106]. Governance and Management - The company has established a strong governance structure with a mix of experienced professionals in key positions, ensuring effective oversight and strategic direction[173]. - The company has implemented an investor relations management system to foster good interactions with investors and maintain a positive image in the capital market[161]. - The company has established independent production and operational facilities, ensuring complete control over its assets and resources[164]. - The company has a complete governance structure in place, including a shareholders' meeting, board of directors, and supervisory board, in compliance with relevant laws and regulations[164]. - The company’s financial management is overseen by experienced professionals, including independent directors with backgrounds in finance and law[175][176]. Future Outlook - The company expects a revenue growth of 20% for the upcoming fiscal year, projecting revenues to reach 1.8 billion yuan[184]. - New product launches are anticipated to contribute an additional 300 million yuan in revenue in 2023[184]. - The company plans to enhance its core technology to improve industry competitiveness and aims to capture a larger market share in the commercial vehicle sector[139]. - The company is committed to improving information disclosure quality and investor relations management, ensuring timely, accurate, and complete information dissemination[145]. - The company aims for steady growth in operational indicators for the upcoming year, aligning with its development strategy[138].

证券代码：300985 证券简称：致远新能 2021 年 7 月 15 日投资者关系活动记录表 编号：2021-001 | --- | --- | --- | |----------------|-------------------------------------------|---------------------------------------------------------| | | | | | 投资者关系活动 | | 特定对象调研 □分析师会议 | | 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 | 国联证券 吴程浩 | | | | | | | 人员姓名 | 国联证券 刘斌 | | | | | | | 时间 | 2021 年 7 月 15 日 | | | 地点 | 公司四楼会议室 | | | 上市公司接待人 | 董事会秘书 张一弛 | | | 员姓名 | 证券事务部 李牧 | | | | | | | | | 来访者首先在公司会议室就关注问题与公司进 ...

Financial Performance - The company's revenue for Q3 2022 was ¥30,329,699.03, a decrease of 41.18% compared to the same period last year[5] - The net profit attributable to shareholders was -¥14,352,029.57, representing a decline of 1,313.01% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥14,160,735.94, a decrease of 3,174.65% compared to the previous year[5] - Total operating revenue for the third quarter was ¥137,470,564.33, a decrease of 61.54% compared to ¥357,138,033.52 in the same period last year[20] - The net loss for the period was ¥11,866,880.18, compared to a net profit of ¥33,345,451.75 in the previous year, indicating a significant decline in profitability[21] - Basic and diluted earnings per share were both -¥0.0880, compared to ¥0.2648 in the same quarter last year[22] Cash Flow and Assets - The operating cash flow net amount for the year-to-date was ¥100,592,283.47, an increase of 300.74% compared to the same period last year[5] - Operating cash flow for the period was ¥100,592,283.47, a significant improvement compared to the previous period's negative cash flow of -¥50,109,768.03[23] - Total cash inflow from operating activities was ¥208,786,123.46, down from ¥290,697,394.15 in the previous period, indicating a decrease of approximately 28.2%[23] - Cash outflow from operating activities totaled ¥108,193,839.99, a decrease of 68.3% from ¥340,807,162.18 in the previous period[23] - The ending cash and cash equivalents balance was ¥371,678,887.16, down from ¥583,393,970.66 in the previous period, representing a decline of approximately 36.2%[24] - The company paid ¥295,602,199.51 for the acquisition of fixed assets, a significant increase compared to ¥127,410,048.16 in the previous period[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,921[10] - The company has a significant shareholder structure, with the largest shareholder holding 18.75% of the shares[11] - The company reported a total of 69,400,000 shares under lock-up restrictions, set to be released on April 29, 2024[13] - The company held a total of 97,000,000 restricted shares as of the end of the reporting period, with no new restrictions added during the period[14] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,578,813,944.29, an increase of 7.92% from the end of the previous year[5] - Total liabilities rose to ¥356,172,084.17, compared to ¥177,500,400.99, marking an increase of 100.99%[19] - The equity attributable to shareholders of the parent company decreased to ¥1,216,121,256.71 from ¥1,253,779,121.42, a decline of 3.00%[19] - The company's total assets increased to ¥1,578,813,944.29, up from ¥1,462,922,449.30, reflecting a growth of 7.93%[19] Operational Metrics - The company reported a significant reduction in sales volume, which was the primary reason for the decline in revenue and profit[9] - Total operating costs amounted to ¥153,776,574.39, down 52.06% from ¥319,828,795.62 year-on-year[20] - Research and development expenses for the quarter were ¥10,121,358.92, down 36.67% from ¥15,942,342.62 year-on-year[20] Investment Activities - Investment activities resulted in a net cash outflow of -¥395,703,700.87, compared to -¥7,275,797.16 in the previous period, reflecting a substantial increase in investment expenditures[24] - Cash received from investment activities was ¥40,203,250.66, a decrease of 68.9% from ¥129,179,868.84 in the previous period[24] Financial Expenses - The company reported a financial expense of -¥8,948,094.49, which includes interest expenses of ¥2,639,118.06[20] - The company reported a cash inflow of ¥7,452,710.14 from tax refunds, an increase from ¥5,924,115.31 in the previous period[23]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥107,140,865.30, a decrease of 64.94% compared to ¥305,574,280.98 in the same period last year[21]. - The net profit attributable to shareholders was ¥2,615,484.09, down 91.34% from ¥30,202,492.65 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was -¥6,781,189.12, a decline of 123.23% compared to ¥29,195,301.06 in the previous year[21]. - Basic earnings per share decreased by 92.79% to ¥0.0196 from ¥0.2718 in the previous year[21]. - The company reported a significant focus on LNG supply systems, including various configurations such as dual-cylinder back-mounted systems and integrated side-mounted systems, catering to heavy-duty trucks and engineering vehicles[41]. - The company reported a net loss for the first half of 2022, with operating costs exceeding revenues, leading to a challenging financial performance compared to the previous year[193]. Cash Flow and Assets - The net cash flow from operating activities increased by 248.11% to ¥76,703,024.48, compared to -¥51,786,240.79 in the same period last year[21]. - Cash and cash equivalents increased to ¥601,234,834, making up 38.98% of total assets, up from 37.03% the previous year[89]. - The total current assets amount to ¥975,662,520.85, slightly down from ¥978,872,199.94[186]. - The company reported cash received from other operating activities amounting to ¥60,656,230.79 in 2022, a substantial increase from ¥4,652,748.39 in 2021, representing a growth of over 1200%[200]. Market and Industry Conditions - In the first half of 2022, the commercial vehicle market saw a significant decline, with production and sales down 38.5% and 41.2% year-on-year, respectively, impacting the company's performance[35]. - The LNG heavy truck market experienced a substantial drop in production and sales due to rising natural gas prices, which diminished the cost advantage over diesel vehicles[38]. - The economic environment in the first half of 2022 was affected by global energy supply tensions and high natural gas prices, leading to decreased demand for LNG heavy trucks[31]. - The heavy-duty commercial vehicle industry has entered a noticeable decline phase, resulting in a significant drop in demand for LNG heavy trucks, impacting the company's performance negatively[70]. Product Development and Innovation - The company has developed core technologies in LNG bottle structure design and intelligent supply systems, ensuring product safety and reliability[67]. - The company is focused on developing new technologies and expanding its market presence in the LNG equipment sector[50]. - The company aims to enhance its product competitiveness by aligning its R&D efforts with market demands and collaborating with research institutions and downstream customers[119]. - The company has obtained 111 patents, including 3 invention patents and 101 utility model patents, demonstrating its commitment to innovation and technology development[78]. Strategic Plans and Future Outlook - The company aims to enhance its market presence through strategic partnerships and technological advancements in LNG supply systems[43]. - Future outlook includes a commitment to research and development of new LNG technologies to improve efficiency and reduce environmental impact[44]. - The company is actively exploring opportunities for market expansion in both domestic and international markets, focusing on the growing demand for clean energy solutions[45]. - The company is responding to national hydrogen energy policies by entering the hydrogen fuel cell vehicle market, with projections of 50,000 fuel cell vehicles by 2025[74]. Risk Management and Challenges - The company faces risks from macroeconomic slowdown and changes in industry policies, particularly affecting LNG heavy truck demand[116]. - The company has detailed risks and countermeasures in its management discussion section, which investors are encouraged to review[4]. - The company experienced a decline in performance during the reporting period due to the COVID-19 outbreak in Jilin Province, which led to increased operational costs and risks[69]. - The overall economic slowdown and changes in industrial policies have posed challenges to the company's operations, affecting its market performance[69]. Governance and Compliance - The company has maintained a stable governance structure, ensuring compliance with relevant laws and regulations to protect shareholder rights[132]. - The company prioritizes transparent information disclosure, maintaining effective communication with investors through various platforms[136]. - The semi-annual financial report has not been audited[144]. - The company reported no significant litigation or arbitration matters during the reporting period[146]. Shareholder Information - The total number of shares before the change was 133,333,400, with a decrease of 3,000,000 shares, resulting in a total of 97,000,000 shares after the change, representing 72.75% of the total[166]. - The company's major shareholders include Changchun City Huifeng Automotive Gear Co., Ltd. with 69,400,000 shares, representing a significant portion of the total shares[168]. - The largest shareholder, Changchun Huifeng Automotive Gear Co., Ltd., holds 52.05% of shares, totaling 69,400,000 shares[171].

Financial Performance - The company's operating revenue for Q1 2022 was ¥45,922,921.63, a decrease of 74.07% compared to ¥177,078,210.18 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥4,034,236.11, representing a decline of 115.01% from a profit of ¥26,884,345.15 in Q1 2021[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥4,369,798.03, down 116.82% from ¥25,982,699.56 in the previous year[4] - The basic and diluted earnings per share were both -¥0.03, a decrease of 111.11% compared to ¥0.27 in Q1 2021[4] - The company reported a net loss of CNY 5,553,263.82 for Q1 2022, compared to a profit of CNY 34,599,119.85 in Q1 2021[18] - The total profit for Q1 2022 was -4,155,251.00 CNY, compared to a profit of 34,193,739.73 CNY in the same period last year[19] Cash Flow and Assets - The net cash flow from operating activities increased by 155.43% to ¥32,589,779.20, compared to -¥58,796,710.08 in the same period last year[4] - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 566,292,277.76, an increase of 4.3% from CNY 541,685,291.56 at the beginning of the year[14] - The cash flow from operating activities for Q1 2022 was 32,589,779.20 CNY, a turnaround from -58,796,710.08 CNY in the previous year[23] - The total cash inflow from financing activities was 85,000,000.00 CNY, while the cash outflow was 42,885,505.56 CNY, resulting in a net cash flow of 42,114,494.44 CNY from financing activities[23] - The company experienced a decrease in cash flow from investing activities, with a net cash outflow of -88,461,983.25 CNY compared to a net inflow of 93,699,534.31 CNY in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,471,927,187.17, an increase of 0.62% from ¥1,462,922,449.30 at the end of the previous year[4] - The company’s total assets at the end of Q1 2022 were CNY 1,471,927,187.17, up from CNY 1,462,922,449.30 at the beginning of the year[15] - The company’s total liabilities increased to CNY 222,879,437.34 from CNY 177,500,400.99, reflecting a rise of 25.6%[16] - Shareholders' equity attributable to the parent company decreased by 0.38% to ¥1,249,047,749.83 from ¥1,253,779,121.42 at the end of the previous year[4] Operational Factors - The decline in revenue and profit was attributed to factors such as changes in industrial policy affecting LNG heavy truck demand and the impact of the COVID-19 pandemic[7] - The company received government subsidies amounting to ¥390,000, which are closely related to its normal business operations[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,983[9] Strategic Initiatives - The company plans to expand its market presence through strategic investments and partnerships, including acquiring a 49% stake in a new energy vehicle parts manufacturer[13] - The company has received a high-tech enterprise certificate, indicating its commitment to innovation and technology development[13] Other Income and Audit - The company reported other income of 4,778.73 CNY in Q1 2022, down from 128,136.36 CNY in the previous year[19] - The company has not undergone an audit for the Q1 2022 report[25]

Revenue and Profitability - The company's operating revenue for 2021 was ¥393,643,829, a decrease of 70.17% compared to ¥1,319,702,110 in 2020[22]. - The net profit attributable to shareholders for 2021 was ¥19,318,255.4, down 91.42% from ¥224,809,419 in 2020[22]. - The net profit after deducting non-recurring gains and losses was ¥14,566,327.07, a decline of 93.47% from ¥222,724,599.80 in 2020[22]. - The basic earnings per share for 2021 was ¥0.160, down 92.89% from ¥2.25 in 2020[22]. - The diluted earnings per share for 2021 was also ¥0.160, reflecting the same percentage decrease as basic earnings[22]. - The weighted average return on equity for 2021 was 1.96%, a significant drop of 63.60% from 65.56% in 2020[22]. - The company's performance declined due to changes in industry policies affecting LNG heavy truck demand, resulting in a significant drop in production and sales[75]. - In 2021, the company's revenue decreased by 70.17% and net profit attributable to shareholders dropped by 91.42% due to the decline in LNG heavy truck demand and rising LNG prices[84]. - The average selling price of the LNG supply system decreased by approximately 16%, negatively impacting the company's profitability[88]. Market Dynamics and Competition - The company achieved a market share of 33% in the LNG supply system sector in 2021, up from 30.4% in 2020, despite a decline in the LNG heavy truck market[38]. - The implementation of the National VI emission standards for heavy-duty diesel vehicles starting July 1, 2021, negatively impacted the LNG heavy truck market demand[38]. - The market share of natural gas vehicles and LNG heavy trucks dropped from 8.77% in 2020 to 4.22% in 2021[75]. - The company sold 12,000 units of the LNG supply system in 2021, compared to 43,449 units in 2020, reflecting a significant market presence[38]. - The rapid development of LNG commercial vehicles has driven the demand for related LNG supply system products, indicating a broad market outlook[37]. Strategic Investments and Projects - The company has made strategic investments in Jiangsu Shenqicheng Technology Co., Ltd., focusing on hydrogen fuel cell core components, aligning with the "dual carbon" policy direction[9]. - A new project for the production line of compressed hydrogen aluminum liner carbon fiber fully wrapped gas cylinders is planned, with an expected annual production capacity of 30,000 units[9]. - The company is enhancing its product structure by implementing a new project for the production of carbon fiber-wrapped hydrogen gas cylinders, aimed at increasing product competitiveness and sustainability[46]. - The company is preparing for the mass production of high-pressure LNG gas supply systems, with technology reserves being established for future applications[110]. Financial Position and Cash Flow - The cash flow from operating activities for 2021 was ¥55,166,569.6, a decrease of 32.96% compared to ¥82,288,210.7 in 2020[22]. - The net cash flow from operating activities decreased by 32.96% to ¥55.17 million in 2021 compared to ¥82.29 million in 2020[113]. - The company's cash and cash equivalents increased significantly by 600% to ¥513.21 million, compared to a decrease of ¥102.64 million in 2020[113]. - The company reported a total investment income loss of ¥2.04 million, accounting for -9.01% of total profit[116]. Research and Development - The company holds 106 patents, including 3 invention patents, indicating a strong focus on R&D and innovation in the LNG supply system sector[92]. - R&D investment as a percentage of operating income increased to 5.27% in 2021 from 3.33% in 2020, despite a decrease in absolute R&D spending by 23.1764 million CNY due to a 70.17% drop in operating income[111]. - The number of R&D personnel increased by 18.06% to 85 in 2021, with the proportion of R&D staff rising to 14.86% from 9.42%[111]. - The company is focusing on developing hydrogen supply systems in response to national carbon neutrality goals, with ongoing projects for liquid hydrogen storage and supply systems[110]. Operational Efficiency and Cost Management - The company is committed to cost reduction and efficiency enhancement through personnel optimization and strengthened cost accounting, aiming to lower production costs and improve product competitiveness[144]. - The total operating costs were aligned with revenue trends, with the cost of vehicle-mounted LNG modules at ¥217,920,367.77, a decrease of 71.19% from the previous year[103]. - Sales expenses decreased by 53.88% in 2021, totaling 21,208,301.21 CNY, due to a significant reduction in shipment volume compared to 2020[108]. - Management expenses fell by 21.43% to 32,732,504.76 CNY, with intermediary fees and office expenses decreasing by 5.56 million CNY and 5.18 million CNY respectively[108]. Governance and Compliance - The company held 3 shareholder meetings during the reporting period, all conducted in compliance with legal regulations[154]. - The board of directors convened 11 meetings, with all independent directors present, ensuring compliance with governance standards[155]. - The company maintains an independent operational structure, with no interference from the controlling shareholder in decision-making[160]. - The company has established various committees, including a strategic committee and an audit committee, to enhance governance[154]. Future Outlook and Growth Strategies - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on new product launches and market expansion strategies[172]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[172]. - The company aims to enhance its core competitiveness by improving product quality and service, aligning with national low-carbon economic policies[139]. - The company is accelerating the layout of hydrogen fuel cell products to further expand its business scope, aligning with national policies that support the hydrogen energy industry as a key development direction[141].

Financial Performance - The company's revenue for Q3 2021 was ¥51,563,752.54, a decrease of 83.06% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥1,183,170.68, down 97.91% year-on-year[3]. - The basic earnings per share were ¥0.0089, reflecting a decline of 98.43% compared to the previous year[3]. - Total operating revenue for the current period is $357.14 million, a decrease of 64.7% from $1.01 billion in the previous period[20]. - Operating profit for the current period is $41.52 million, a decline of 80.8% compared to $216.65 million in the previous period[21]. - Net profit for the current period is $33.35 million, a decrease of 81.5% from $179.93 million in the previous period[22]. - Basic and diluted earnings per share for the current period are $0.2648, down 84.8% from $1.7466 in the previous period[22]. - Tax expenses for the current period amount to $8.36 million, down from $36.64 million in the previous period[21]. Assets and Liabilities - Total assets increased to ¥1,481,299,483.85, representing a growth of 48.63% from the end of the previous year[9]. - The total liabilities decreased to RMB 180,531,071.83 from RMB 503,053,405.32, indicating a reduction of approximately 64.1%[18]. - The company’s total current liabilities decreased significantly to RMB 149,446,579.16 from RMB 462,400,093.36, a reduction of approximately 67.7%[17]. - The equity attributable to shareholders rose to ¥1,268,761,378.82, an increase of 178.67% year-on-year, primarily due to new share issuance[9]. - The equity attributable to the parent company increased to RMB 1,268,761,378.82 from RMB 455,297,667.75, showing an increase of approximately 178.5%[18]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥50,109,768.03, an improvement of 49.18% compared to the previous year[7]. - Cash flow from operating activities shows a net outflow of $50.11 million, an improvement from a net outflow of $98.61 million in the previous period[25]. - Cash flow from investing activities results in a net outflow of $7.28 million, compared to a net outflow of $65.92 million in the previous period[26]. - Cash flow from financing activities generates a net inflow of $616.87 million, significantly up from $54.65 million in the previous period[26]. - The ending cash and cash equivalents balance is $583.39 million, a substantial increase from $16.72 million in the previous period[26]. - The company reported a significant reduction in sales volume, which was the main reason for the decline in revenue and profit[7]. Shareholder Information - The company reported a total of 101,721,248 restricted shares, with no shares released during the reporting period[14]. - The company has a scheduled release of restricted shares for major shareholders on April 29, 2024, which includes 69,400,000 shares held by Changchun Huifeng Automotive Gear Co., Ltd.[14]. Inventory and Receivables - Accounts receivable decreased to RMB 86,297,984.07 from RMB 227,832,523.74, reflecting a decline of about 62.1%[16]. - The company’s inventory increased to RMB 228,974,823.57 from RMB 212,091,703.92, reflecting a growth of approximately 8.0%[16]. Ongoing Projects - The company has ongoing projects in construction, with the amount in progress reaching RMB 127,873,750.14, up from RMB 45,797,771.34 at the end of 2020[17]. Other Information - Non-recurring gains and losses amounted to ¥722,607.18 for the current period[5]. - The company has not classified any non-recurring gains and losses as regular gains and losses[6]. - The company has not made adjustments to the beginning balance sheet items due to all current lease payments being due within one year, classifying them as short-term leases[27]. - The third quarter report for the company has not been audited[28].