宁波方正汽车模具股份有限公司 2022 年年度报告全文 宁波方正汽车模具股份有限公司 2022 年年度报告 2023-020 2023 年 4 月 1 宁波方正汽车模具股份有限公司 2022 年年度报告全文 2022 年年度报告 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。 公司负责人方永杰、主管会计工作负责人宋剑及会计机构负责人(会计主 管人员)陈烈群声明：保证本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。 本年度报告中涉及未来计划或规划等前瞻性陈述的，均不构成公司对投 资者的实质承诺，投资者及相关人士均应对此保持足够的风险认识，并且应 当理解计划、预测与承诺之间的差异，敬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 "十一、公司未来发展 的展望"中详细描述了公司经营中可能存在的风险和应对措施，敬请广大投 资者关注相关内容。 公司经本次董事会审议通过的利润分配预案为：以 137,169,230 为基数， 向全体股 ...

Revenue and Profit - Revenue for Q3 2022 was CNY 202,294,598.09, an increase of 15.63% compared to the same period last year[5] - Total operating revenue for Q3 2022 was CNY 487,631,135.92, a decrease of 7.2% compared to CNY 525,391,963.70 in Q3 2021[21] - Net profit for Q3 2022 was CNY 7,821,433.15, a decline of 29.8% from CNY 11,057,025.90 in Q3 2021[22] - Net profit attributable to shareholders decreased by 113.71% to CNY 1,050,637.77 in Q3 2022[5] - The company reported a 90.13% decrease in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to CNY -963,331.65 in Q3 2022[5] - The net profit attributable to the parent company was CNY 9,192,377.74, down from CNY 10,359,483.87 in the previous year[23] - The total comprehensive income for Q3 2022 was CNY 8,035,935.53, a decrease of 22.5% compared to CNY 10,359,483.87 in Q3 2021[23] - Basic and diluted earnings per share decreased to CNY 0.0844 from CNY 0.1207 year-over-year[23] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 30,744,004.94, a significant increase of 486.48% compared to the previous year[5] - Cash inflow from operating activities totaled CNY 472,097,576.67, down from CNY 489,435,915.30 in the previous year[24] - Cash outflow from operating activities increased to CNY 502,841,581.61 from CNY 494,678,051.23 year-over-year[26] - Cash flow from investing activities resulted in a net outflow of CNY -76,215,273.40, compared to CNY -3,654,615.48 in the previous year[26] - Cash flow from financing activities generated a net inflow of CNY 94,035,763.00, an increase from CNY 82,381,387.71 in the previous year[26] - The ending cash and cash equivalents balance was CNY 80,991,244.11, down from CNY 100,169,918.30 at the end of the previous year[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,355,883,456.89, reflecting a growth of 13.84% from the end of the previous year[5] - Current liabilities rose to CNY 631,507,126.72 in Q3 2022, compared to CNY 552,467,619.33 in Q3 2021, marking an increase of 14.3%[20] - Non-current liabilities increased significantly to CNY 154,434,043.90 in Q3 2022, up from CNY 86,172,188.43 in Q3 2021, reflecting an increase of 79.0%[20] - The company’s total equity attributable to shareholders was CNY 551,955,933.91, a slight decrease of 0.09% from the previous year[5] - The total equity attributable to shareholders of the parent company was CNY 551,955,933.91 in Q3 2022, slightly down from CNY 552,475,366.67 in Q3 2021[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,676[13] - The largest shareholder, Ningbo Xinggong Fangzheng, holds 22.70% of shares, totaling 24,150,000 shares[13] - Shareholder Fang Yongjie owns 20.08% with 21,367,500 shares, while Wang Yaping holds 16.43% with 17,482,500 shares[13] - The company has a total of 71,402,475 restricted shares, with no shares released during the reporting period[16] - The company has a total of 8,400,000 shares held by Ningbo Jinxi Wood Equity Investment Management Partnership, which are also restricted[16] - The company plans to release restricted shares on June 2, 2024, for major shareholders[16] - The company has no preferred shareholders as per the report[15] Expenses - Total operating costs for Q3 2022 were CNY 481,295,041.38, down 6.8% from CNY 516,395,461.93 in the same period last year[21] - Research and development expenses for Q3 2022 were CNY 14,408,851.18, down 18.5% from CNY 17,749,060.45 in Q3 2021[22] - The company reported a decrease in sales expenses to CNY 19,777,115.43, down 13.4% from CNY 23,009,527.62 in the previous year[22] - The company recorded a tax expense of CNY 978,328.19 for Q3 2022, a decrease from CNY 2,108,980.39 in Q3 2021[22] Credit and Impairment - The company reported a 347.92% increase in credit impairment losses, amounting to CNY -1,856,000.00, due to increased bad debt provisions[10] Audit Status - The report for Q3 2022 was not audited[28]

宁波方正汽车模具股份有限公司 2022 年半年度报告全文 宁波方正汽车模具股份有限公司 2022 年半年度报告 2022-054 2022 年 8 月 1 宁波方正汽车模具股份有限公司 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。 公司负责人方永杰、主管会计工作负责人宋剑及会计机构负责人(会计主 管人员)陈烈群声明：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。 本报告中涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺， 敬请投资者注意投资风险。 公司在经营中可能存在的风险因素内容已在本报告"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"部分予以描述，敬请投资者 予以关注。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 第一节 重要提示、目录和释义 | 2 | | --- | --- | | 第二节 公司简介和主要财务指标 | 7 | | 第三节 管理层讨论与分析 ...

Financial Performance - The company's operating revenue for Q1 2022 was ¥122,858,083.89, a decrease of 26.98% compared to ¥168,257,776.29 in the same period last year[3] - Net profit attributable to shareholders was ¥5,135,459.09, down 18.33% from ¥6,288,091.57 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥3,621,811.26, a decline of 37.02% compared to ¥5,750,445.18 in the previous year[3] - The total profit for the period was ¥413,380.00, a decrease of 42.82% compared to the same period last year[7] - Total operating revenue for Q1 2022 was CNY 122,858,083.89, a decrease of 27.0% compared to CNY 168,257,776.29 in Q1 2021[21] - Net profit for Q1 2022 was CNY 4,566,617.10, a decline of 27.4% from CNY 6,288,091.57 in Q1 2021[22] - The company reported a total comprehensive income of CNY 5,306,736.08 for Q1 2022, compared to CNY 5,953,233.53 in the same period last year, indicating a decline of 10.9%[22] Cash Flow and Liquidity - The net cash flow from operating activities was -¥2,054,656.16, a decrease of 134.81% from ¥5,901,904.16 in the same period last year[3] - The net cash flow from operating activities was -2,054,656.16 CNY, a decrease from 5,901,904.16 CNY in the previous period, indicating a decline in operational performance[24] - Total cash inflow from operating activities was 147,488,727.67 CNY, down from 172,301,675.66 CNY year-over-year[24] - Cash outflow from operating activities totaled 149,543,383.83 CNY, compared to 166,399,771.50 CNY in the previous period, showing a reduction in cash outflow[24] - The net cash flow from investing activities was -21,878,563.18 CNY, worsening from -15,353,501.60 CNY in the previous period, reflecting increased investment expenditures[25] - Cash inflow from financing activities was 56,638,800.00 CNY, significantly higher than 27,000,000.00 CNY in the previous period, indicating successful fundraising efforts[25] - The net cash flow from financing activities was 43,294,511.79 CNY, a substantial improvement from -1,749,748.79 CNY in the previous period[25] - The ending balance of cash and cash equivalents increased to 111,981,776.44 CNY from 14,515,981.36 CNY in the previous period, showing a strong liquidity position[25] - The cash received from the sale of goods and services was 139,396,528.58 CNY, down from 168,663,028.85 CNY, reflecting a decline in sales revenue[24] - The company reported a cash inflow of 3,664,665.45 CNY from tax refunds, slightly up from 3,447,561.28 CNY in the previous period, indicating improved tax recovery[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,277,308,517.67, an increase of 7.25% from ¥1,190,999,778.00 at the end of the previous year[3] - The company's total assets increased to CNY 1,277,308,517.67 in Q1 2022, up from CNY 1,190,999,778.00 in Q1 2021, reflecting a growth of 7.3%[19] - Total liabilities rose to CNY 706,431,662.94 in Q1 2022, compared to CNY 638,639,807.76 in Q1 2021, marking an increase of 10.6%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,771[10] - The largest shareholder, Ningbo Xinggong Fangzheng Holdings, holds 22.70% of shares, totaling 24,150,000 shares[10] - The top ten shareholders collectively hold significant stakes, with the top three shareholders owning over 59% of the company[10] - The company has no new restricted shares during the reporting period, maintaining a total of 82,462,475 restricted shares[14] - The company has no new preferred shareholders or changes in preferred shares during the reporting period[12] Research and Development - Research and development expenses decreased by 44.27% to ¥316,030.00 due to delays in R&D projects[6] - Research and development expenses for Q1 2022 were CNY 3,160,343.98, down 44.8% from CNY 5,670,349.66 in Q1 2021[21] Investments - The company acquired a 19.98% stake in Anhui Fangzheng New Energy Technology Co., Ltd., increasing its ownership to 70.03%[15] - Accounts receivable increased to ¥184,744,746.85 from ¥183,528,604.74[17] - The company reported an increase in other receivables to ¥3,622,107.84 from ¥1,452,430.87[17] - The company's inventory increased to CNY 457,993,664.73 in Q1 2022 from CNY 409,500,631.41 in Q1 2021, reflecting a rise of 11.8%[19] Strategic Focus - The company is focused on optimizing resource allocation in line with its overall strategic development[15] - Basic and diluted earnings per share for Q1 2022 were CNY 0.0483, down from CNY 0.0788 in Q1 2021, representing a decrease of 38.5%[23]

Financial Performance - The company reported a profit distribution plan of 1.00 RMB per 10 shares (including tax) based on a total of 106,400,000 shares[5]. - The company's operating revenue for 2021 was ¥701.71 million, an increase of 8.84% compared to ¥644.71 million in 2020[20]. - The net profit attributable to shareholders decreased by 45.05% to ¥25.93 million from ¥47.19 million in 2020[20]. - The net profit after deducting non-recurring gains and losses was ¥14.47 million, down 61.73% from ¥37.81 million in 2020[20]. - The total assets at the end of 2021 were ¥1.19 billion, an increase of 7.26% from ¥1.11 billion at the end of 2020[20]. - The net assets attributable to shareholders increased by 32.84% to ¥552.48 million from ¥415.90 million at the end of 2020[20]. - The company reported a significant decline in basic and diluted earnings per share, which fell by 53.99% to ¥0.2721 from ¥0.5914 in 2020[20]. - The company’s revenue from plastic products and accessories surged by 117.30% to ¥42.31 million, while revenue from the home appliance sector dropped by 55.90%[42]. - The company achieved a net profit attributable to shareholders of 25,933,214.89 CNY for the year 2021[148]. - The total revenue for the year reached 100 million RMB, reflecting a growth of 15% compared to the previous year[168]. Market Expansion and Strategy - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and innovations[5]. - The company has established subsidiaries in Mexico and Germany to support its international expansion strategy[12]. - The company aims to strengthen its partnerships with major automotive clients, including Faurecia and MANN+HUMMEL, to enhance its market competitiveness[12]. - The company aims to meet 90%-95% of domestic mold market demand by the end of the "14th Five-Year Plan," maintaining its position as the world's largest mold manufacturing country[32]. - The company plans to expand its market presence by entering two new regions in the upcoming fiscal year, aiming for a 25% increase in market share[169]. - The company is actively pursuing strategic acquisitions to enhance its competitive edge, with a target of completing at least one acquisition in the next year[170]. Research and Development - The company is actively investing in research and development to drive innovation in automotive mold technology[5]. - The company emphasizes technological innovation and has established a core R&D department focusing on various mold technologies and smart manufacturing[34]. - The company reported a research and development (R&D) expenditure of ¥21,970,599.43 in 2021, representing 3.13% of its operating revenue[59]. - The company has completed several R&D projects, including low-pressure injection molds and new technologies for automotive parts, enhancing market competitiveness[53]. - The company is focusing on expanding its product offerings in the automotive parts segment to strengthen its market position[58]. Risk Management - The company emphasizes the importance of rational investment and risk awareness for investors, highlighting potential risk factors in future developments[5]. - The company has a comprehensive risk management strategy in place to address potential challenges in the automotive industry[5]. - The company faces risks from macroeconomic fluctuations and the automotive industry's cyclical nature, which could impact demand for automotive plastic molds[95]. - There is a risk of declining operating performance due to factors such as falling sales of traditional vehicles and rising raw material costs[95]. - The company is experiencing pressure on its gross profit margin due to increased depreciation and personnel costs from the new production base[97]. Corporate Governance - The company is committed to maintaining transparency and accuracy in its financial reporting, as stated by its management team[4]. - The company emphasizes information disclosure, ensuring timely and accurate communication with shareholders through designated media[105]. - The company maintains complete independence from its controlling shareholders, with no interference in decision-making or operations[103]. - The company has established a transparent and effective performance evaluation and incentive system for its senior management[104]. - The company held 1 annual general meeting and 5 extraordinary general meetings during the reporting period, ensuring compliance with regulations and facilitating shareholder participation[101]. Operational Efficiency - The production model is based on "sales-driven production," with a focus on customized, non-standard products, ensuring adherence to delivery schedules[34]. - Cost control measures include optimizing equipment utilization, reducing design rework, and implementing a performance-based employee evaluation system[35]. - The company has enhanced its competitive edge through automation upgrades and digital transformation since 2019, improving production capacity and technological standards[35]. - The company is actively managing its executive team to align with its strategic goals and market demands[113]. Financial Management - The company has a registered capital of 106.4 million RMB, indicating a solid financial foundation for future growth[5]. - The net cash flow from operating activities was negative at -¥1.56 million, a decline of 102.19% compared to ¥71.33 million in 2020[20]. - The cash inflow from financing activities increased by 119.02% year-on-year, attributed to funds raised from the initial public offering[62]. - The company raised a total of RMB 160.13 million through the issuance of 26.6 million shares at a price of RMB 6.02 per share, with a net amount of RMB 120.64 million after deducting fees[81]. - The company has committed to using 3,771.75 million CNY of raised funds for pre-invested projects and issuance costs[85]. Environmental and Social Responsibility - The company has committed to strict compliance with environmental laws and regulations, continuously improving its environmental management system[158]. - The company advocates for environmental protection by implementing energy-saving measures and utilizing clean energy systems, including solar heating and waste heat recovery systems[160]. - The company has actively responded to national pandemic prevention policies, implementing strict measures to ensure safety in the workplace[161]. Employee Management - The total number of employees at the end of the reporting period was 1,120, with 836 in production, 213 in technical roles, and 22 in sales[140]. - The company has established a performance management system linked to employee compensation to ensure fair remuneration[141]. - The company plans to enhance its training programs in 2022 to improve management and technical staff capabilities[142]. - The company has implemented a multi-faceted training program to enhance employee skills and overall work capabilities[160].

Financial Performance - The company reported a profit distribution plan of 1.00 RMB per 10 shares (including tax) based on a total of 106,400,000 shares[5]. - The company's operating revenue for 2021 was ¥701.71 million, an increase of 8.84% compared to ¥644.71 million in 2020[20]. - The net profit attributable to shareholders decreased by 45.05% to ¥25.93 million in 2021 from ¥47.19 million in 2020[20]. - The net profit after deducting non-recurring gains and losses was ¥14.47 million, down 61.73% from ¥37.81 million in 2020[20]. - The total assets at the end of 2021 were ¥1.19 billion, reflecting a 7.26% increase from ¥1.11 billion at the end of 2020[20]. - The net assets attributable to shareholders increased by 32.84% to ¥552.48 million at the end of 2021 from ¥415.90 million at the end of 2020[20]. - The company reported a basic earnings per share of ¥0.2721, a decrease of 53.99% from ¥0.5914 in 2020[20]. - The average return on equity was 5.30%, down from 12.04% in 2020, indicating a decline in profitability[20]. - The total operating revenue for 2021 was ¥701.71 million, an increase of 8.84% compared to ¥644.71 million in 2020[42]. - Revenue from the automotive industry reached ¥684.22 million, accounting for 97.51% of total revenue, with a year-on-year growth of 17.75%[42]. - The gross profit margin for the automotive industry was 18.32%, a decrease of 6.51% from the previous year[45]. - The company reported a net profit attributable to shareholders of CNY 25,933,214.89 for the year 2021, with a parent company net profit of CNY 33,188,901.30[150]. Market and Product Development - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and research[5]. - The company specializes in the research, development, production, and sales of automotive plastic molds, providing various types of molds for downstream automotive parts manufacturers[31]. - The main products include large injection molds, blow molds, precision molds, and melt-blown molds, primarily serving the automotive interior and exterior systems, air conditioning systems, and fuel tank systems[33]. - The company aims to maintain a domestic mold market satisfaction rate of 90%-95% by the end of the "14th Five-Year Plan" period, with an export target of over $8 billion, growing at an average annual rate of around 5%[32]. - The company has developed several key technologies with independent intellectual property rights, enhancing its competitive edge in the market[38]. - New products related to automotive parts have been launched, contributing to market expansion and improved core competitiveness[54]. - The company is expanding its product offerings in the automotive parts segment, with multiple projects in the trial production phase, which will further strengthen its market position[55]. - The company has successfully launched products using multi-color injection molding technology, which is expected to improve its market share in the automotive components industry[56]. Research and Development - The company has completed several R&D projects, including low-pressure injection mold technology expansions, which are expected to enhance market competitiveness[53]. - The company reported a research and development investment of ¥21,970,599.43 in 2021, representing 3.13% of its operating revenue[59]. - The number of R&D personnel decreased by 9.56% from 136 in 2020 to 123 in 2021[58]. - The proportion of R&D personnel to total employees fell from 12.19% in 2020 to 10.98% in 2021, a decline of 1.21%[59]. - The company has filed for multiple patents, including utility and invention patents, to protect its new technologies and products[53]. - The company has achieved significant milestones in patent applications, with several projects currently under review, showcasing its commitment to R&D[56]. Governance and Compliance - The company has a comprehensive governance structure with all board members present for the report's approval[4]. - The company emphasizes transparency in information disclosure, ensuring timely and accurate communication with shareholders[105]. - The company has established an independent financial accounting system and can make autonomous financial decisions[107]. - The company has maintained a stable R&D investment trend over the past three years, with a slight decrease in the percentage of revenue allocated to R&D[59]. - The company has a robust internal control system, as indicated by the approval of its self-evaluation report on internal controls[109]. - The company has established measures to ensure compliance with regulatory requirements and to address any potential impacts from unfulfilled commitments[176]. Risks and Challenges - The company faces risks from macroeconomic fluctuations and the automotive industry's cyclical nature, which could impact demand for automotive plastic molds[95]. - There is a risk of declining operating performance due to factors such as falling sales of traditional vehicles and rising raw material costs[95]. - The company is experiencing pressure on its gross profit margin due to increased depreciation and personnel costs from the new production base[97]. - The company’s inventory levels are growing, which poses a risk of depreciation if market conditions worsen or key customers default[97]. Investment and Financing - The company raised a total of RMB 160.13 million through the public offering of 26.6 million shares at RMB 6.02 per share, with a net amount of RMB 120.64 million after deducting fees[79]. - The company has committed to invest RMB 204.54 million in the expansion project, with only 15.03% of the investment completed by the reporting date[83]. - The company plans to complete the expansion project by May 31, 2023, with significant progress required to meet the investment commitment[83]. - The company has a total of RMB 87 million in assets related to the automotive manufacturing sector[79]. - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing, which will end on June 1, 2024, and is currently fulfilling this commitment[167]. Shareholder Engagement - The company held multiple shareholder meetings throughout 2021, with the latest on November 25, 2021, where key financial decisions were made[110]. - The company has a total investor participation rate of 100% in the first extraordinary general meeting held on February 15, 2021[108]. - The company has established a comprehensive performance evaluation and incentive system for its senior management[104]. - The company has a total of 38,853,300 shares held by directors and senior management at the end of the reporting period[112]. Subsidiaries and Joint Ventures - The company operates multiple subsidiaries, including those in Mexico and Germany, to support its international business strategy[12]. - The company established a joint venture, Anhui Fangzheng New Energy Technology Co., Ltd., in November 2021, holding a 50.05% stake[49]. - The subsidiary Shenyang Fangzheng Automotive Mould Co., Ltd. reported a net profit of 401,993.15 CNY, contributing significantly to the company's overall performance[90]. - The subsidiary Ningbo Fangzheng Automotive Parts Co., Ltd. reported a net loss of 2,301,015.7 CNY, impacting the consolidated financial results[90].

Revenue and Profit - Revenue for Q3 2021 was CNY 174,949,097.77, an increase of 6.32% year-over-year, while year-to-date revenue reached CNY 525,391,963.70, up 15.61% compared to the same period last year[3] - Net profit attributable to shareholders was CNY -7,662,670.09 for Q3 2021, a decrease of 191.30% year-over-year, and year-to-date net profit was CNY 11,057,025.90, down 64.33% compared to the previous year[3] - Basic and diluted earnings per share for Q3 2021 were both CNY -0.1015, reflecting a decline of 196.48% year-over-year, while year-to-date earnings per share were CNY 0.1207, down 68.92%[3] - The net profit for Q3 2021 was CNY 11,057,025.90, a decrease of 64.3% compared to CNY 30,997,407.07 in Q3 2020[19] - Operating profit for Q3 2021 was CNY 13,157,327.38, down 63.5% from CNY 36,075,474.36 in the same period last year[19] - Total comprehensive income for Q3 2021 was CNY 10,359,483.87, a decrease of 65.0% from CNY 29,583,732.88 in Q3 2020[20] - Basic and diluted earnings per share were both CNY 0.1207, down from CNY 0.3884 in the same quarter last year[20] Expenses and Costs - Research and development expenses increased by 45.14% year-over-year to CNY 1,774,910.00, indicating a focus on new product and technology development[8] - The company experienced a 35.58% decrease in selling expenses to CNY 23,009,500.00, mainly due to the reclassification of freight costs under new revenue standards[8] - The total operating costs for the third quarter of 2021 were CNY 516,395,461.93, up 22.4% from CNY 421,886,137.35 in the previous year[18] - The company reported a significant increase in sales expenses, which amounted to CNY 23,009,527.62, down from CNY 35,718,220.91 in the previous year[19] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of CNY -5,242,135.93 year-to-date, a decrease of 109.12% compared to the previous year, primarily due to increased freight costs[9] - Cash flow from operating activities showed a net outflow of CNY 5,242,135.93, compared to a net inflow of CNY 57,481,277.38 in Q3 2020[22] - The company reported a cash inflow from financing activities of CNY 82,381,387.71, compared to a cash outflow of CNY 24,473,954.32 in Q3 2020[22] - Cash and cash equivalents as of September 30, 2021, amounted to CNY 138,959,241.14, significantly higher than CNY 62,541,996.34 at the end of 2020, reflecting a growth of 121.5%[14] - Cash and cash equivalents at the end of Q3 2021 totaled CNY 100,169,918.30, an increase from CNY 23,481,483.00 at the end of Q3 2020[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,190,484,533.93, representing a 7.21% increase from the end of the previous year[3] - The total assets as of September 30, 2021, were CNY 1,190,484,533.93, compared to CNY 1,110,382,134.99 at the end of 2020, indicating an increase of 7.2%[16] - The total liabilities decreased to CNY 653,272,228.67 from CNY 694,478,942.26, a reduction of 5.9%[16] - The owner's equity increased to CNY 537,212,305.26 from CNY 415,903,192.73, representing a growth of 29.0%[16] - The company reported a decrease in short-term borrowings to CNY 84,606,233.33 from CNY 100,187,914.24, a decline of 15.5%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,985, with the top ten shareholders holding a combined 92.08% of the shares[10] - The company reported a significant increase in capital reserves by 57.99% to CNY 25,621,930.00, attributed to funds raised from the initial public offering[8] - The company’s capital reserve increased to CNY 256,219,313.72 from CNY 162,179,471.34, showing a growth of 58.0%[16] Inventory and Receivables - Inventory as of September 30, 2021, was CNY 393,373,208.54, up from CNY 377,937,583.79 at the end of 2020, reflecting an increase of 4.1%[14] - The accounts receivable increased to CNY 181,965,810.53 from CNY 154,735,415.07, a rise of 17.6%[14] - The company reported a 3427.97% increase in asset disposal gains to CNY 1,137,000.00, driven by increased equipment disposals during the reporting period[8]

Financial Performance - The company's operating revenue for the reporting period was ¥350,442,865.93, representing a 20.88% increase compared to ¥289,905,275.27 in the same period last year [23]. - The net profit attributable to shareholders decreased by 17.19% to ¥18,719,695.99 from ¥22,604,919.30 year-on-year [23]. - The net profit after deducting non-recurring gains and losses was ¥13,584,038.03, down 24.29% from ¥17,942,592.90 in the previous year [23]. - The net cash flow from operating activities significantly dropped by 77.68% to ¥6,253,313.78 from ¥28,014,186.35 in the same period last year [23]. - The company's revenue for the reporting period reached ¥350,442,865.93, representing a year-on-year increase of 20.88% compared to ¥289,905,275.27 in the previous year [41]. - The operating costs increased by 32.41% to ¥273,743,912.51, primarily due to the reclassification of freight costs into operating costs [41]. - The company's gross profit margin decreased to 22.1% in the first half of 2021 from 29.0% in the same period of 2020 [153]. - The total comprehensive income for the first half of 2021 was CNY 18,423,281.83, a decrease of 13.3% from CNY 21,214,453.18 in the same period of 2020 [151]. Cash Flow and Investments - The net cash flow from operating activities for the first half of 2021 was ¥6,253,313.78, a decrease of 77.7% compared to ¥28,014,186.35 in the same period of 2020 [158]. - The net cash flow from investment activities was ¥2,010,039.54, a significant improvement from a negative cash flow of ¥20,350,855.27 in the same period last year [158]. - The net cash flow from financing activities was ¥113,829,891.82, compared to a negative cash flow of ¥16,753,747.19 in the same period of 2020 [159]. - The company reported a significant increase in investment, with a total investment of RMB 251.71 million during the reporting period, representing a 95.40% increase compared to the same period last year [50]. - The company reported a net increase in cash and cash equivalents of ¥121,725,241.40, a significant rise of 1,310.36% due to funds raised from the initial public offering [41]. Shareholder Information and IPO - The company completed its initial public offering of 26.6 million shares, increasing its registered capital from 79.8 million RMB to 106.4 million RMB [22]. - The company’s stock was listed on the Shenzhen Stock Exchange on June 2, 2021 [22]. - The proportion of limited sale shares decreased from 100% to 78.67% after the IPO, with 83.7 million shares now subject to limited sale [118]. - The company plans to release 2.66 million shares to employees, which will be available for lending after the IPO [122]. - The company’s major shareholders include Xingong Fangzheng with 22.70% (24,150,000 shares) and Fang Yongjie with 20.08% (21,367,500 shares) [126]. Risk Management - The company emphasizes the importance of risk management and has detailed its potential risks and countermeasures in the report [5]. - The company is facing risks related to the macroeconomic environment and the automotive industry, which could impact its production and operations [65]. - The company has established a relatively sound internal control system but faces risks associated with management and internal control due to rapid business expansion [66]. - The company's main business gross margin is at risk of decline due to the downturn in the automotive industry and increased costs from the new production base [66]. Research and Development - The company focuses on the R&D, design, manufacturing, and sales of automotive plastic molds, with a strong emphasis on technological innovation and market expansion [31]. - The company has developed several proprietary technologies, including modular 3D CAD design and low-pressure injection molding technology, strengthening its R&D capabilities [37]. - Research and development expenses for the first half of 2021 were CNY 11,553,455.26, up from CNY 8,367,306.98, indicating a focus on innovation and product development [148]. - The company plans to continue investing in R&D to enhance product offerings and market competitiveness [153]. Compliance and Governance - The financial report is guaranteed to be true, accurate, and complete by the company's management team [4]. - The company has maintained compliance with environmental regulations and has not faced any administrative penalties related to environmental issues during the reporting period [78]. - The company has committed to maintaining independence in assets, business, personnel, and financial structure [88]. - The company guarantees that the public offering of shares and listing on the Growth Enterprise Market does not involve any fraudulent issuance [87]. Subsidiaries and Market Presence - The company has subsidiaries in Mexico and Germany, indicating its international presence and market expansion efforts [12]. - The company has established a strong global customer base, including major automotive brands such as Porsche, Mercedes-Benz, and Toyota, enhancing its market position [36]. - The company has subsidiaries including Shenyang Fangzheng Automotive Mould Co., Ltd. and Ningbo Fangzheng Automotive Parts Co., Ltd. [176]. Financial Position - Total assets increased by 11.16% to ¥1,234,288,900.43 compared to ¥1,110,382,134.99 at the end of the previous year [23]. - The net assets attributable to shareholders rose by 33.56% to ¥555,474,343.17 from ¥415,903,192.73 at the end of the previous year [23]. - The total equity attributable to shareholders increased to CNY 555,474,343.17 from CNY 415,903,192.73, reflecting a growth of 33.5% [143]. - The company's total assets amounted to CNY 1,234,288,900.43, an increase from CNY 1,110,382,134.99 at the end of 2020, representing a growth of approximately 11.1% [140].