证券代码：301012 证券简称: 扬电科技 公告编号：2023-057 关于变更公司注册资本暨完成工商变更登记的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何 虚假记载、误导性陈述或者重大遗漏。 经中国证券监督管理委员会《关于同意江苏扬电科技股份有限公司向特定 对象发行股票注册的批复》（证监许可〔2023〕1223号）同意注册，并经深圳 证券交易所同意，江苏扬电科技股份有限公司（以下简称"公司"）向特定对象 发增发人民币普通股数量为24,890,190股，公司注册资本由人民币117,600,000 元变更为人民币142,490,190元。 公司于2023年9月8日取得了泰州市行政审批局换发的《营业执照》，完成了相 关工商变更登记手续，变更后相关信息如下： 统一社会信用代码：91321204140797736U 名称： 江苏扬电科技股份有限公司 类型：股份有限公司（上市） 住所：姜堰经济开发区天目路690号 江苏扬电科技股份有限公司 法定代表人：程俊明 注册资本：14249.019万元整 成立日期：1993年12月31日 经营范围：一般项目：输配电及控制设备制造；磁性材料生产；配电开关 ...

Financial Performance - The company's operating revenue for the first half of 2023 was ¥140,606,521.40, a decrease of 66.38% compared to ¥418,247,103.09 in the same period last year[20]. - The net profit attributable to shareholders was a loss of ¥3,586,018.21, representing a decline of 106.76% from a profit of ¥53,081,756.29 in the previous year[20]. - The net cash flow from operating activities was -¥95,177.70, showing a significant increase in cash outflow of 99.87% compared to -¥74,553,272.70 in the same period last year[20]. - Basic and diluted earnings per share were both -¥0.0305, a decrease of 104.83% from ¥0.6319 in the previous year[20]. - The weighted average return on equity was -0.56%, down 9.56% from 9.00% in the same period last year[20]. - Total operating revenue for the first half of 2023 was ¥140,606,521.40, a decrease of 66.4% compared to ¥418,247,103.09 in the same period of 2022[154]. - Total operating costs for the first half of 2023 were ¥142,558,777.41, down 60.5% from ¥361,114,623.95 in the first half of 2022[154]. - The total comprehensive income for the first half of 2023 was a loss of ¥3,586,018.21, compared to a comprehensive income of ¥53,081,756.29 in the first half of 2022[156]. Assets and Liabilities - Total assets at the end of the reporting period were ¥950,975,374.91, a slight increase of 0.19% from ¥949,128,446.25 at the end of the previous year[20]. - The net assets attributable to shareholders decreased by 1.91% to ¥610,208,935.84 from ¥622,117,306.74 at the end of the previous year[20]. - The company's fixed assets increased to ¥162,953,491.62, representing 17.14% of total assets, up from 12.02% the previous year due to ongoing investments[66]. - Short-term borrowings rose to ¥287,900,597.00, accounting for 30.27% of total liabilities, an increase from 25.40% the previous year[66]. - Total liabilities increased from CNY 327,011,139.51 to CNY 340,766,439.07, reflecting a rise of about 4.2%[149]. - The company's equity decreased from CNY 622,117,306.74 to CNY 610,208,935.84, a decline of about 1.4%[149]. Research and Development - Research and development investment was ¥6,013,034.24, down 62.69% from ¥16,118,547.82 in the previous year, indicating a reduction in R&D activities[59]. - The company aims to enhance its research and development capabilities to innovate and improve product offerings[167]. - The company plans to enhance innovation and R&D capabilities by investing in a new R&D center and focusing on the development of energy-efficient transformers and storage transformers[85]. Market and Product Strategy - The company specializes in energy-efficient electrical machinery manufacturing, focusing on new energy-saving materials in the power and electronics sectors, with key products including energy-saving transformers and magnetic electronic components[26]. - The company aims to extend its product range and improve profitability by establishing a complete industrial chain from strip materials to magnetic cores and electronic components[32]. - Future plans include expanding upstream in the supply chain and addressing new demands in the consumer sector for energy-saving electrical equipment[33]. - The company plans to expand its market presence and invest in new product development to drive future growth[167]. - The company has identified potential acquisition targets to accelerate growth and market expansion[167]. Corporate Governance and Shareholder Relations - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[4]. - The company has maintained a focus on protecting shareholder rights, particularly for minority shareholders[101]. - The company did not distribute cash dividends or issue bonus shares for the first half of 2023[96]. - The company held its annual general meeting on May 15, 2023, with a participation rate of 36.15%[94]. - The company has not encountered any significant changes in the use of raised funds or project implementation[76]. Operational Efficiency and Cost Management - The company intends to optimize cost management through technological improvements and supply chain integration to reduce procurement costs[86]. - The company has implemented new policies to improve operational efficiency and reduce costs[167]. - The company will implement strict inventory control measures to mitigate risks associated with potential declines in raw material prices and unsold inventory[90]. Risks and Challenges - The company faces risks related to technological innovation and market demand for its energy-efficient transformer products, which are influenced by macroeconomic conditions and infrastructure investments[87]. - The company recognizes the competitive landscape in the power distribution and control equipment manufacturing industry, necessitating timely market responses and product diversification[88]. Financial Reporting and Compliance - The half-year financial report has not been audited[107]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[182]. - The financial statements comply with the requirements of the enterprise accounting standards, reflecting the company's financial position and operating results accurately[184].

经中国证券监督管理委员会《关于同意江苏扬电科技股份有限公司首次公开发 行股票注册的批复》(证监许可[2021]1584 号)核准，江苏扬电科技股份有限公司（ 以下简称"公司"）首次公开发行人民币普通股（A股）股票21,000,000.00股，每股面 值人民币1.00元,每股发行价格为8.05元，募集资金总额为169,050,000元，扣除发 行费用（不含税）40,374,311.31元后，实际募集资金净额128,675,688.69元。经天 健会计师事务所（特殊普通合伙）进行了审验，并于2021年6月18日出具了《江苏扬 电科技股份有限公司验资报告》(天健验[2021]313号)。 二、募集资金专户的存储及管理情况 为规范公司募集资金管理，保护投资者权益，根据中国证监会《上市公司监管指 引第 2 号——上市公司募集资金管理和使用的监管要求》《深圳证券交易所创业板股 票上市规则》以及《深圳证券交易所上市公司自律监管指引第2号—— 创业板上市公司 规范运作》等相关法律法规及公司《募集资金管理制度》的规定，公司设立了募集资金专项 账户（以下简称"专户")，并与相关银行和保荐机构海通证券股份有限公司分别签 订了《募集 ...

证券代码：301012 证券简称：扬电科技 江苏扬电科技股份有限公司 扬电科技 2022 年度业绩说明会 投资者活动记录表 编号：2023001 投资者关系活动 类别 □特定对象调研 □分析师会议 □媒体采访 √业绩说明会 □新闻发布会 □路演活动 □现场参观 □电话会议 □其他： （请文字说明其他活动内容） 参与单位名称 及人员姓名 扬电科技2022年度业绩说明会采用网络远程方式进行，面向全体投资 者 时间 2023 年 5 月 10 日 15:00-16:30 地点 深圳证券交易所"互动易平台"http://irm.cninfo.com.cn"云访谈"栏目 公司接待人员 姓名 主持人：扬电科技 董事长：程俊明 董秘, 财务负责人：仇勤俭 独立董事：郭民 保荐代表人：徐亦潇 投资者关系活动 主要内容介绍 1.公司是否重视散户的利益，有何措施？ 答：投资者您好！公司自上市以来一直将股东尤其是中小股东的利益 放在公司治理的重中之重，通过不断健全、完善公司法人治理结构和 内部控制制度，深入开展治理活动，充分保障投资者的各项权益。公 司管理层与全体员工齐心协力努力创造优良的业绩，提升公司的内在 价值，为投资者创造良 ...

Financial Performance - The company's operating revenue for 2022 was ¥634,906,687.22, representing a 24.09% increase compared to ¥511,640,831.43 in 2021[19] - The net profit attributable to shareholders for 2022 was ¥65,935,594.06, up 27.90% from ¥51,554,380.19 in the previous year[19] - The net profit after deducting non-recurring gains and losses was ¥61,180,653.50, reflecting a 33.14% increase from ¥45,951,191.99 in 2021[19] - The total assets at the end of 2022 amounted to ¥949,128,446.25, a 10.90% increase from ¥855,815,290.55 at the end of 2021[19] - The net assets attributable to shareholders increased by 10.19% to ¥622,117,306.74 from ¥564,581,712.68 in 2021[19] - The basic earnings per share for 2022 was ¥0.7849, a 12.13% increase from ¥0.7 in 2021[19] - The cash flow from operating activities showed a significant improvement, with a net outflow of ¥27,809,010.48, compared to a net outflow of ¥97,206,925.43 in 2021, marking a 71.39% improvement[19] - The weighted average return on equity for 2022 was 11.13%, slightly up from 10.87% in 2021[19] Revenue Breakdown - The transformer business accounted for ¥611,838,680.93, or 96.37% of total revenue, with a year-on-year growth of 26.43%[72] - The sales of energy-saving transformers surged to ¥571,189,800.15, marking a significant increase of 58.52% from ¥360,333,824.19 in the previous year[72] - Domestic sales contributed ¥632,078,492.47, which is 99.55% of total revenue, reflecting a growth of 25.05% year-on-year[73] - Electronic components business sales revenue reached ¥15,475,854.93 in 2022, reflecting a year-on-year increase of 19.56% from ¥12,944,360.85 in 2021[77] Research and Development - The company has a strong focus on research and development of new technologies and products, aiming to meet the diverse needs of users and the evolving market[38] - Research and development expenses surged by 61.82% to ¥26,814,782.51 in 2022, driven by higher material consumption[80] - The number of R&D personnel increased to 37 in 2022, up 23.33% from 30 in 2021, with the proportion of R&D personnel rising to 12.71%[84] - R&D investment amounted to ¥26,814,782.51 in 2022, representing 4.22% of operating revenue, an increase from 3.24% in 2021[84] Market and Industry Trends - The overall electricity consumption in China has shown a compound annual growth rate of 5.71% from 2011 to 2022, indicating a growing demand for power infrastructure[29] - The transformer industry is expected to benefit from the "Transformer Energy Efficiency Improvement Plan (2021-2023)", aiming for a 10% increase in the proportion of efficient transformers in operation by 2023[34] - The demand for energy-saving transformers is driven by increasing environmental regulations and the need for sustainable energy solutions[63] Corporate Governance - The company held one annual general meeting and three extraordinary general meetings during the reporting period, ensuring compliance with governance regulations[120] - The board of directors consists of five members, including two independent directors, ensuring adherence to governance standards[120] - The company emphasizes transparency in information disclosure, adhering to legal requirements and ensuring equal access to information for all shareholders[121] - The company maintains independence from its controlling shareholders in terms of assets, personnel, and operations, ensuring autonomous business capabilities[124] Shareholder Engagement and Dividends - The company plans to distribute a cash dividend of ¥1 per 10 shares, totaling ¥8,400,000 (including tax) for the reporting period[153] - The company has established a profit distribution policy that mandates a minimum cash dividend of 10% of the distributable profit each year, with a cumulative distribution of at least 30% over three years[151] - The company’s cash dividend policy requires that the annual distributable profit must be positive and that the net cash flow from operating activities is also positive[151] Risk Management - The company has outlined potential risks and countermeasures in its future development outlook section of the report[4] - The company faces technology risks related to the need for continuous R&D investment and the ability to meet market demands for energy storage and new energy products[112] - The company faces risks from macroeconomic fluctuations, international trade tensions, and potential market oversupply in the energy storage and new energy sectors[114] Strategic Initiatives - The company is actively expanding into the electronic components sector, forming two major business segments: power and electronics[40] - The company plans to invest CNY 15.5 million in the "Silicon Steel S13 and S14 Energy-saving Transformer and Amorphous Transformer Technology Upgrade and Capacity Expansion Project" due to the growth in the transformer market driven by national energy efficiency improvement initiatives[104] - The company aims to enhance its innovation and R&D capabilities by establishing a new R&D center and focusing on the development of energy-saving transformers and storage transformers[110] Social Responsibility - The company has actively engaged in social responsibility, donating RMB 3.1 million to the Red Cross Society in September 2022 and RMB 100,000 to Nanjing University in December 2022 for educational development[164]

Financial Performance - The company's revenue for Q1 2023 was ¥78,063,635.10, a decrease of 59.28% compared to ¥191,727,773.64 in the same period last year[4] - Net profit attributable to shareholders was ¥495,220.41, down 97.95% from ¥24,109,567.11 year-on-year[4] - Basic and diluted earnings per share were both ¥0.0059, reflecting a decline of 97.94% from ¥0.2870 in the same period last year[4] - The company reported a significant drop in operating profit to ¥960,212.33, down 96.49% from ¥27,385,772.80 in the previous year[8] - Net profit for Q1 2023 was ¥495,220.41, a significant decline of 98.0% from ¥24,109,567.11 in Q1 2022[20] - Total operating revenue for Q1 2023 was ¥78,063,635.10, a decrease of 59.3% compared to ¥191,727,773.64 in the same period last year[19] - Total operating costs for Q1 2023 were ¥77,798,116.09, down 53.0% from ¥165,654,112.94 year-over-year[19] Cash Flow - The net cash flow from operating activities improved to ¥3,480,438.65, a significant increase of 111.78% compared to a negative cash flow of ¥29,555,968.34 in the previous year[4] - Cash inflow from operating activities was ¥62,259,066.60, down 46.5% from ¥116,668,614.87 in Q1 2022[22] - Total cash outflow from operating activities amounted to 58,778,627.95, down from 146,224,583.21 year-over-year[23] - The net cash flow from financing activities decreased to 2,706,862.99 from 64,648,837.78 year-over-year[23] - The company paid 38,000,000.00 in debt repayment during the quarter, an increase from 10,000,000.00 in the same period last year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥921,555,447.21, a decrease of 2.91% from ¥949,128,446.25 at the end of the previous year[4] - The company's current assets totaled CNY 688,411,237.72, down from CNY 724,767,943.65, indicating a decrease of about 5%[16] - The total liabilities were CNY 296,885,679.13, down from CNY 324,874,146.41, indicating a decrease of approximately 8.6%[16] - Total liabilities as of the end of Q1 2023 were ¥298,942,920.06, a decrease of 8.5% from ¥327,011,139.51 at the end of the previous year[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,242[10] - Total equity attributable to shareholders of the parent company was ¥622,612,527.15, slightly up from ¥622,117,306.74 year-over-year[20] Operational Changes - The decline in revenue was attributed to a decrease in sales orders and the impact of factory relocation and technical upgrades[8] - The company experienced a 70.83% reduction in notes receivable, decreasing from ¥11,653,046.73 to ¥3,399,432.73[8] - Accounts payable decreased by 41.17%, from ¥63,591,826.00 to ¥37,409,429.37, due to reduced procurement of raw materials[8] Stock Issuance - The company plans to issue up to 21 million shares to raise a total of no more than CNY 510 million, pending regulatory approval[13] - The company received a notice from the Shenzhen Stock Exchange regarding the acceptance of its application for the issuance of shares on March 7, 2023[13] - The company is currently undergoing a review process for its stock issuance application, with inquiries received from the Shenzhen Stock Exchange on March 20, 2023[13]

证券代码：301012 证券简称：扬电科技 公告编号：2023-024 江苏扬电科技股份有限公司 关于召开2022年度网上业绩说明会的通知 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。 二〇二三年四月二十四日 (二)出席人员：公司董事长程俊明先生，独立董事郭民先生，保荐 代表徐亦潇先生、董事会秘书仇勤俭先生。 (三)接入方式：投资者登陆深圳证券交易所"互动易"平台 （http://irm.cninfo.com.cn），进入"云访谈"栏目参与本次说明会。 二、征集问题事项 为充分尊重投资者、提升交流的针对性，现就公司本次说明会提前 向投资者征集相关问题，广泛听取投资者的意见和建议。投资者可提前 登录"互动易"平台（http://irm.cninfo.com.cn）"云访谈"栏目进 入公司本次说明会页面进行提问。届时公司将在本次说明会上对投资者 普遍关注的问题进行回答。 欢迎广大投资者积极参与。特此公告。 江苏扬电科技股份有限公司董事会 江苏扬电科技股份有限公司（以下简称"公司"）已于2023年4月 24日发布了《2022年年度报告》。为便于广大投资者进一步了解 ...

Financial Performance - Q3 2022 revenue was CNY 121,699,506.29, a decrease of 6.44% year-over-year, while year-to-date revenue reached CNY 539,946,609.38, an increase of 48.19%[5] - Net profit attributable to shareholders for Q3 2022 was CNY 8,397,635.77, down 20.59% year-over-year, with year-to-date net profit at CNY 61,479,392.06, up 66.06%[5] - The net profit after deducting non-recurring gains and losses for Q3 2022 was CNY 11,255,625.24, an increase of 80.46% year-over-year, while year-to-date it was CNY 62,430,955.03, up 90.45%[5] - Basic and diluted earnings per share for Q3 2022 were CNY 0.10, down 23.08% year-over-year, while year-to-date earnings per share were CNY 0.73, up 37.74%[5] - The total operating revenue for the third quarter of 2022 was CNY 539,946,609.38, an increase of 48.3% compared to CNY 364,368,804.88 in the same period last year[20] - The net profit for the third quarter was CNY 61,479,392.06, representing a 66.0% increase from CNY 37,021,468.23 in the previous year[21] - The total comprehensive income for the third quarter was CNY 61,479,392.06, compared to CNY 37,021,468.23 in the same period last year, representing an increase of approximately 66.1%[22] Assets and Liabilities - Total assets as of September 30, 2022, were CNY 911,736,004.16, an increase of 6.53% compared to the end of the previous year[5] - The total assets as of the end of the third quarter were CNY 911,736,004.16, compared to CNY 855,815,290.55 at the end of the previous year, reflecting a growth of 6.5%[18] - The total liabilities increased to CNY 294,074,899.42, a slight rise from CNY 291,233,577.87 year-on-year[18] - The company's equity attributable to shareholders reached CNY 617,661,104.74, up from CNY 564,581,712.68, indicating a growth of 9.4%[18] Cash Flow and Investments - Cash flow from operating activities showed a net outflow of CNY 64,579,224.59 year-to-date, a decrease of 15.73% compared to the same period last year[5] - Cash inflows from operating activities totaled CNY 449,929,468.64, significantly up from CNY 153,123,524.28 in the previous year, marking an increase of 194.5%[25] - The net cash flow from operating activities was negative at CNY -64,579,224.59, an improvement from CNY -76,634,899.01 in the same period last year[25] - Cash outflows for investing activities amounted to CNY 40,713,247.09, compared to CNY 58,111,957.20 in the previous year, indicating a decrease of 30.0%[25] - Cash paid for fixed assets and intangible assets surged to CNY 40,713,247.09, a 566.12% increase, reflecting higher capital expenditures[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,764[12] - The largest shareholder, Cheng Junming, holds 32.50% of the shares, totaling 27,300,000 shares[12] Research and Development - R&D expenses increased to ¥21,668,395.28, a rise of 92.54% compared to the previous period, reflecting the company's increased investment in research and development[10] - Research and development expenses reached CNY 21,668,395.28, which is an increase of 92.5% compared to CNY 11,253,886.85 in the same period last year[21] Financing Activities - The company obtained bank loans totaling ¥263,000,000.00, an increase of 198.19% compared to the previous period[10] - Cash inflows from financing activities were CNY 263,000,000.00, up from CNY 234,608,490.58, representing an increase of 12.1%[25] - The net cash flow from financing activities was CNY 68,047,223.78, down from CNY 102,143,906.95 in the previous year, a decrease of 33.4%[25] Operational Costs - The total operating costs amounted to CNY 475,907,211.90, up 48.0% from CNY 321,809,492.60 year-on-year[21] - Cash paid for purchasing goods and services was ¥445,668,465.68, up 142.19%, indicating increased sales costs[10] Other Information - The company reported a significant increase in prepayments, up 266.99% year-to-date, amounting to CNY 65,231,389.55, due to rising raw material prices[9] - The company experienced a 91.48% increase in fixed assets, totaling CNY 105,827,004.84, as projects were completed and assets were acquired[9] - The company's cash and cash equivalents decreased to ¥35,940,575.91 from ¥73,141,286.69 at the beginning of the year[16] - The ending balance of cash and cash equivalents was CNY 35,375,219.32, compared to CNY 22,430,584.41 at the end of the same period last year, an increase of 57.5%[25] - The company did not undergo an audit for the third quarter report[26] - The report was released by the board of directors on October 25, 2022[27]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥418,247,103.09, representing a 78.51% increase compared to ¥234,293,555.25 in the same period last year[19]. - The net profit attributable to shareholders was ¥53,081,756.29, a 100.71% increase from ¥26,446,392.21 year-on-year[19]. - The net profit after deducting non-recurring gains and losses was ¥51,175,329.79, up 92.80% from ¥26,542,970.03 in the previous year[19]. - The company reported a basic earnings per share of ¥0.63, a 50.00% increase from ¥0.42 in the same period last year[19]. - The company's revenue for the reporting period was ¥418,247,103.09, representing a year-on-year increase of 78.51% due to increased market orders and higher unit sales prices[57]. - Operating costs rose to ¥323,882,175.77, reflecting an 80.87% increase compared to the same period last year, driven by the rise in revenue[57]. - The gross profit margin for the overall business was 22.56%, with a slight decrease of 7.05% compared to the previous year[59]. - The company reported a net profit of 21,107,000,000 yuan for the current period, which is an increase of 5.6% compared to the same period last year[171]. Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥74,553,272.70, worsening by 78.40% compared to -¥41,789,109.59 in the previous year[19]. - The cash and cash equivalents at the end of the reporting period decreased by 107.46% to -¥7,974,190.09, reflecting the use of raised funds[57]. - The company reported cash outflows from investing activities totaling CNY 32,153,078.56, compared to CNY 1,340,838.69 in the previous year, indicating a substantial increase in investment expenditures[162]. - The company's cash and cash equivalents at the end of the period were CNY 64,601,740.01, down from CNY 149,834,123.69 at the end of the previous year, a decline of about 56.8%[162]. - The total cash outflows for operating activities reached CNY 375,791,557.43, compared to CNY 145,486,639.90 in the previous year, indicating a rise of about 158.5%[162]. - The company experienced a net cash decrease of CNY 7,974,190.09 in the first half of 2022, contrasting with an increase of CNY 106,833,729.75 in the same period of 2021[162]. Investment and R&D - Research and development expenses increased significantly by 124.65% to ¥16,118,547.82, indicating a strategic focus on innovation[57]. - The company has invested 10 million yuan in the high-end amorphous and nano-crystal industry research center, which has not yet started construction[73]. - The company has allocated 2.2 billion yuan for research and development to enhance its product offerings and improve operational efficiency[172]. - The company aims to achieve a revenue growth target of 10% for the next fiscal year, driven by increased demand in key markets[172]. Market Strategy and Product Development - The company focuses on energy-efficient electrical machinery manufacturing, specializing in energy-saving transformers and magnetic electronic components[25]. - The company is actively expanding into the electronic components sector, creating two main business segments: power and electronics[26]. - The company aims to extend its product types into more fields, leveraging its leading technology in amorphous alloy materials to meet new market demands[31]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[176]. - The company is exploring potential mergers and acquisitions to further strengthen its market position and diversify its offerings[166]. Corporate Governance and Shareholder Relations - The company does not plan to distribute cash dividends or issue bonus shares[4]. - The company has maintained a focus on protecting shareholder rights, particularly for minority shareholders, by enhancing corporate governance and internal control systems[98]. - There were no stock incentive plans, employee stock ownership plans, or other employee incentive measures implemented during the reporting period[94]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[97]. Operational Efficiency and Risk Management - The company has developed a complete industrial chain from strip materials to magnetic cores and electronic components since 2018, enhancing its profitability[30]. - The company has implemented a robust accounts receivable management system to minimize the risk of bad debts as its business scales up[86]. - The company recognizes the potential adverse effects of macroeconomic fluctuations on the demand for its products, particularly in the consumer electronics and automotive sectors[84]. - The company is closely monitoring macroeconomic changes and industry policies to adapt its strategies and maintain profitability amid potential risks[83]. Asset and Liability Management - The company's total assets increased by 11.79% to ¥956,686,788.54 from ¥855,815,290.55 at the end of the previous year[19]. - Total liabilities increased to ¥347,423,319.57 from ¥291,233,577.87, reflecting a rise of approximately 19%[148]. - Short-term borrowings surged to ¥237,162,034.72, compared to ¥125,306,474.21 at the beginning of the year, which is an increase of approximately 89%[147]. Compliance and Reporting - The half-year financial report has not been audited[104]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[183]. - The company adheres to the accounting standards for enterprises, ensuring that the financial statements reflect a true and complete picture of its financial status, operating results, and cash flows[185].

Financial Performance - The company's revenue for Q1 2022 was ¥191,727,773.64, representing a 120.55% increase compared to ¥86,931,786.01 in the same period last year[3] - Net profit attributable to shareholders for Q1 2022 was ¥24,109,567.11, up 184.68% from ¥8,469,028.63 year-on-year[3] - The basic earnings per share for Q1 2022 increased to ¥0.287, a rise of 120.77% from ¥0.130 in the previous year[3] - Total operating revenue for Q1 2022 reached ¥191,727,773.64, a significant increase of 120.5% compared to ¥86,931,786.01 in the same period last year[17] - The company's net profit for Q1 2022 was ¥27,385,772.80, compared to ¥9,792,943.58 in Q1 2021, reflecting a growth of 178.5%[17] - The total profit for Q1 2022 was CNY 27,301,653.91, compared to CNY 9,604,037.03 in Q1 2021, reflecting an increase of 184.5%[18] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥908,871,667.52, reflecting a 6.20% increase from ¥855,815,290.55 at the end of the previous year[3] - The total assets of the company as of the end of Q1 2022 were ¥908,871,667.52, compared to ¥855,815,290.55 at the beginning of the year, marking a growth of 6.2%[15] - The total liabilities increased to ¥320,180,387.73 from ¥291,233,577.87, reflecting a rise of 9.9%[15] Cash Flow - The net cash flow from operating activities for Q1 2022 was -¥29,555,968.34, a decline of 16.52% compared to -¥25,366,296.88 in the same period last year[3] - Cash inflow from operating activities totaled CNY 116,668,614.87, up from CNY 47,041,889.32 in the previous year, indicating a growth of 148.5%[20] - The company’s cash flow from operating activities was impacted by increased payments for goods and services, totaling CNY 129,012,370.44, compared to CNY 61,669,473.23 in the previous year[20] - Cash inflow from financing activities was CNY 76,800,000.00, with a net cash flow of CNY 64,648,837.78, compared to a negative CNY -817,500.00 in the same period last year[22] - The ending cash and cash equivalents balance was CNY 84,039,174.82, up from CNY 15,217,410.83 at the end of Q1 2021, representing a growth of 453.5%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,856[7] - The largest shareholder, Cheng Junming, holds 32.50% of the shares, amounting to 27,300,000 shares[7] Expenses - Total operating costs for Q1 2022 were ¥165,654,112.94, up 113.4% from ¥77,458,943.54 in Q1 2021[17] - Research and development expenses for Q1 2022 were ¥7,157,607.06, which is a 139.5% increase from ¥2,988,273.10 in Q1 2021[17] - The company reported a tax expense of CNY 3,192,086.80 for Q1 2022, compared to CNY 1,135,008.40 in the previous year[18] Other Financial Metrics - The weighted average return on equity for Q1 2022 was 4.18%, an increase of 2.00% from 2.18% in the previous year[3] - The company reported government subsidies of ¥13,000 for the current period, with a total non-recurring loss of ¥61,544.22 after tax impacts[5] - The company does not have any other non-recurring profit and loss items beyond those reported[5] - Cash outflow for investing activities was CNY 23,629,624.72, significantly higher than CNY 1,582,840.40 in the previous year, marking an increase of 1,394.5%[22] - Accounts receivable decreased to ¥373,783,980.84 from ¥392,465,023.88, indicating a reduction of 4.7%[13] - Inventory increased to ¥189,845,939.41, up 6.0% from ¥177,812,256.91 at the beginning of the year[14] - The company reported a significant increase in financing receivables, which rose to ¥40,861,190.09 from ¥17,352,549.89, representing a growth of 135.0%[13]