Financial Performance - The company's operating revenue for Q1 2022 was ¥110,821,704.03, a decrease of 21.17% compared to ¥140,578,880.68 in the same period last year[4] - Net profit attributable to shareholders was ¥20,474,513.04, down 32.60% from ¥30,378,491.55 year-on-year[4] - Basic and diluted earnings per share were both ¥0.14, a reduction of 50.00% from ¥0.28 in the same period last year[4] - The weighted average return on equity decreased to 2.43%, down 5.02% from 7.45% in the previous year[4] - Total operating revenue for Q1 2022 was CNY 110,821,704.03, a decrease from CNY 140,578,880.68 in the previous period[25] - Net profit for Q1 2022 was CNY 20,474,513.04, down from CNY 30,378,491.55 in the same period last year, representing a decline of approximately 32.5%[27] - Earnings per share (EPS) for Q1 2022 was CNY 0.14, compared to CNY 0.28 in the previous year[27] - The company reported a profit before tax of CNY 24,152,648.27, down from CNY 35,739,401.84 in the previous year[26] Cash Flow - The net cash flow from operating activities was ¥35,190,035.39, reflecting a decline of 20.95% compared to ¥44,515,472.00 in the previous year[4] - The cash inflow from operating activities for Q1 2022 was CNY 112,136,321.24, a decrease of 10.8% compared to CNY 125,670,534.92 in Q1 2021[30] - The net cash outflow from operating activities was CNY 35,190,035.39, down from CNY 44,515,472.00 in the same period last year, representing a decline of 21.5%[30] - The cash inflow from investment activities totaled CNY 250,932,445.91, significantly higher than CNY 127,311,711.51 in Q1 2021, marking an increase of 96.8%[30] - The net cash outflow from investment activities was CNY 24,237,824.09, an improvement compared to CNY 122,085,724.71 in Q1 2021[30] - The cash and cash equivalents at the end of Q1 2022 stood at CNY 102,501,992.37, up from CNY 51,060,051.00 at the end of Q1 2021, reflecting a year-over-year increase of 100.5%[31] - The company reported a total cash inflow from operating activities of CNY 112,136,321.24, while cash outflow was CNY 76,946,285.85, resulting in a net cash flow of CNY 35,190,035.39[30] - The company’s cash inflow from investment activities included CNY 250,000,000.00 from recovered investments, which is a notable increase from CNY 127,000,000.00 in the previous year[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,052,342,999.18, an increase of 1.40% from ¥1,037,858,758.32 at the end of the previous year[4] - The company's total assets as of March 31, 2022, amount to CNY 1,052,342,999.18, an increase from CNY 1,037,858,758.32 at the beginning of the year[22] - Cash and cash equivalents at the end of the reporting period are CNY 479,345,505.64, up from CNY 468,991,705.84 at the beginning of the year[21] - The company's total current assets are CNY 976,372,516.96, compared to CNY 959,857,942.05 at the start of the year, reflecting a growth of approximately 1.1%[21] - The total liabilities decreased to CNY 199,633,066.22 from CNY 205,893,896.87[26] - The total liabilities include accounts payable of CNY 85,286,604.63, which is relatively stable compared to CNY 85,343,637.33 at the beginning of the year[22] - Total equity increased to CNY 852,709,932.96 from CNY 831,964,861.45, indicating a growth of approximately 2.2%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,042[15] - The largest shareholder, Yantai Mingxiang Holdings Co., Ltd., holds 47.93% of shares, totaling 70,162,200 shares[15] - The total number of restricted shares at the end of the period is 109,800,000, with 1,887,144 shares released from restrictions during the period[18] Market Conditions - The company's main raw material prices continued to rise, leading to increased operating costs[9] - The commercial vehicle market faced significant pressure, with production and sales down 29.7% and 31.7% respectively in Q1 2022 compared to the previous year[8] Corporate Activities - The company held its first temporary shareholders' meeting on January 24, 2022, to elect the board of directors and supervisory board[19] - The company has not reported any new product or technology developments in the current quarter[19] - The company has not disclosed any mergers or acquisitions in the current reporting period[19] - The company did not conduct an audit for the Q1 2022 report, indicating that the figures presented are unaudited[32] Research and Development - Research and development expenses rose to CNY 6,139,265.08 from CNY 4,994,949.14, reflecting an increase of about 22.9%[26] - The company continues to focus on enhancing its product offerings and market expansion strategies, although specific new products or technologies were not detailed in the reports[28]

Financial Performance - The company's operating revenue for 2021 was CNY 488,786,681.58, representing a slight increase of 0.13% compared to CNY 488,170,942.02 in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 92,647,061.01, a decrease of 8.23% from CNY 100,958,873.43 in 2020[20]. - The net profit after deducting non-recurring gains and losses was CNY 88,520,958.25, down 5.07% from CNY 93,251,838.12 in the previous year[20]. - The net cash flow from operating activities increased by 20.90% to CNY 105,564,640.41, compared to CNY 87,312,360.44 in 2020[20]. - The total assets at the end of 2021 reached CNY 1,037,858,758.32, a significant increase of 69.24% from CNY 613,246,330.79 at the end of 2020[20]. - The net assets attributable to shareholders rose by 112.06% to CNY 831,964,861.45, compared to CNY 392,318,910.92 at the end of 2020[20]. - The basic earnings per share for 2021 were CNY 0.72, a decrease of 21.74% from CNY 0.92 in 2020[20]. - The weighted average return on equity for 2021 was 15.11%, down from 28.84% in 2020, indicating a decline in profitability[20]. - The company achieved operating revenue of 48,878.67 million yuan, a slight increase of 0.13% year-on-year[51]. - Operating profit decreased by 8.86% year-on-year to 10,818.64 million yuan, while net profit attributable to shareholders fell by 8.23% to 9,264.71 million yuan[51]. Dividend Distribution - The company plans to distribute a cash dividend of 2.70 RMB per 10 shares to all shareholders, based on a total of 146,400,000 shares[5]. - A cash dividend of CNY 2.70 per 10 shares (including tax) was proposed, totaling CNY 39,528,000.00, which represents 100% of the total profit distribution[154]. - The company has no plans for capital reserve conversion or bonus shares distribution for the reporting period[154]. - The company will maintain a cash dividend ratio of at least 80% during mature phases without major expenditures, and at least 40% with significant spending[177]. - The company’s profit distribution decisions will involve thorough research and consideration of various financial conditions and shareholder interests[177]. Research and Development - The company is focusing on the development of new sealing materials, including metal-coated boards, to meet personalized user demands and replace imported products[33]. - The company has successfully launched the first phase of the thick-coated metal-coated board production line, which has passed user testing and generated sales revenue[33]. - The company is actively expanding into the new energy sector, with ongoing R&D for hydrogen fuel cell-related products and electric drive systems for new energy vehicles[35]. - The company has formed a research and development collaboration with renowned universities for hydrogen fuel cell technology and solid oxide fuel cells[36]. - The company is focusing on R&D for cylinder gaskets that meet the National VI emission standards, which is crucial for improving competitiveness in the diesel engine gasket sector[77]. - The company is developing high-reliability graphite stainless steel gaskets to meet the increasing domestic emission standards for engines, which will enhance the sealing performance and extend the engine's lifespan[78]. - The company has applied for 8 patents during the reporting period, including 1 invention patent and 7 utility model patents, with R&D investment increasing by 7.01% to 2,286.10 million yuan[60]. Market Trends and Challenges - The commercial vehicle market saw a decline in production and sales by 10.7% and 6.6% respectively in 2021, impacting the company's core business[30]. - The company aims to maintain its leading position in traditional markets while addressing challenges posed by the transition to new energy vehicles[35]. - The automotive market in China is expected to maintain stable demand in 2022, despite challenges such as chip shortages and high raw material prices[108]. - The company faces risks from macroeconomic fluctuations and intensified market competition, particularly in the commercial vehicle sector[114]. - The transition to non-asbestos sealing materials is gaining momentum, with domestic companies gradually capturing market share from foreign competitors[107]. Corporate Governance - The company adheres to regulatory requirements for corporate governance, ensuring compliance and protecting shareholder interests[122]. - The company maintains a strict governance structure, ensuring no interference from controlling shareholders in decision-making processes[124]. - The company emphasizes transparency and timely information disclosure, utilizing multiple channels to communicate with investors[124]. - The company has established a robust investor relations management system to enhance communication and protect shareholder rights[124]. - The company has a clear separation of personnel, ensuring that senior management does not hold positions in controlling entities[127]. Sustainability and Social Responsibility - The company has actively engaged in social responsibility initiatives, including supporting local businesses during the pandemic and organizing community volunteer activities[165]. - The company adheres to national environmental protection standards and has implemented an ISO14001-based environmental management system to prevent pollution and ensure compliance[169]. - The company promotes a "green operation" philosophy, encouraging practices such as paperless offices and resource sharing to enhance sustainability[169]. Employee Management - The company has a total of 484 employees at the end of the reporting period, with 334 in production, 31 in sales, 50 in technical roles, 10 in finance, 54 in administration, and 5 in other categories[150]. - Employee training in 2022 focused heavily on safety, followed by technical and process development, aiming to enhance overall employee skills and business performance[153]. - The company is focused on retaining technical talent and has established mechanisms to enhance employee engagement and performance[119]. Financial Management - The company has established measures to stabilize stock prices, including public explanations for any failure to implement these measures[189]. - The company will not distribute cash dividends in the current and future years if it violates share lock-up commitments, until full compliance is met[189]. - The company has committed to ensuring that its initial public offering (IPO) prospectus does not contain false records or misleading statements, and will bear legal responsibility for any inaccuracies[183]. - The company will publicly disclose reasons for not implementing price stabilization measures and apologize to shareholders if such measures are not taken[183].

证券代码：301020 证券简称：密封科技 公告编号：2021-028 烟台石川密封科技股份有限公司 关于参加山东辖区上市公司 2021 年度投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步增强与广大投资者的沟通交流，切实提高上市公司透明度、规范运 作和公司治理水平，烟台石川密封科技股份有限公司（以下简称"公司"）将于 2021 年 11 月 16 日（星期二）14:00-16:00 参加由山东证监局及山东上市公司协 会联合举办、深圳市全景网络有限公司（以下简称"全景网"）承办的"山东辖 区上市公司 2021 年度投资者网上集体接待日"活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将在全景网提供的网上平台采取网络远程 的方式举行，投资者可以登录"全景·路演天下"（http://rs.p5w.net）参与本 次活动。 届时公司财务负责人、董事会秘书于秉群女士及证券事务代表鲍媛媛女士， 将通过网络在线形式与投资者进行沟通交流，欢迎广大投资者积极参与。 特此公告。 烟台石川密封科技股份有限公司 董事会 2021 年 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥98,641,322.47, a decrease of 17.32% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥21,227,979.35, down 19.88% year-on-year[3] - The basic earnings per share for Q3 2021 was ¥0.12, a decrease of 50.00% compared to the same period last year[3] - Total operating revenue for the current period reached ¥393,665,620.43, an increase of 15.9% compared to ¥339,508,749.48 in the previous period[20] - Operating profit for the current period was ¥101,425,265.68, representing a growth of 17.1% from ¥86,581,157.91 in the previous period[21] - Net profit increased to ¥86,016,677.96, a rise of 16.2% compared to ¥74,020,801.17 in the same period last year[21] - Basic and diluted earnings per share were both ¥0.71, up from ¥0.67 in the previous period[22] Assets and Equity - The total assets at the end of the reporting period reached ¥1,055,989,568.84, an increase of 72.20% compared to the end of the previous year[3] - The company’s total equity attributable to shareholders increased by 110.45% to ¥825,651,270.23 compared to the previous year-end[3] - The total current liabilities amounted to CNY 189,135,120.49, slightly up from CNY 185,974,331.81, indicating a marginal increase of 0.6%[17] - The total equity attributable to the owners of the parent company rose to CNY 825,651,270.23 from CNY 392,318,910.92, reflecting a substantial increase of approximately 110.5%[18] - The company reported a significant increase in capital reserves, which rose to CNY 319,195,595.52 from CNY 8,307,215.74, representing a growth of over 3,843.5%[18] Cash Flow - The company reported a net cash flow from operating activities of ¥103,545,392.79 for the year-to-date, an increase of 29.73%[3] - Cash flow from operating activities generated a net amount of ¥103,545,392.79, compared to ¥79,818,926.08 in the prior period, reflecting a growth of 29.7%[25] - Cash flow from investing activities resulted in a net outflow of ¥152,638,677.90, worsening from a net outflow of ¥5,130,681.72 in the previous period[26] - Cash flow from financing activities yielded a net inflow of ¥348,865,839.64, compared to a net outflow of ¥32,940,000.00 in the prior period[26] - The ending balance of cash and cash equivalents was ¥428,402,858.24, significantly higher than ¥125,920,971.05 at the end of the previous period[26] Expenses and Subsidies - The company’s management expenses increased by 30.22% year-on-year, primarily due to increased intermediary service fees[9] - The company received government subsidies amounting to ¥976,391.32, a 52.34% increase compared to the previous year[9] Inventory and Receivables - The company’s inventory increased to CNY 104,927,304.75 from CNY 76,032,626.55, showing a growth of about 38.0%[16] - The accounts receivable decreased to CNY 122,058,114.93 from CNY 158,003,638.53, indicating a decline of approximately 22.7%[16] Recognition and Governance - The company was officially recognized as a "Specialized, Refined, Characteristic, and Innovative 'Little Giant' Enterprise" by the Ministry of Industry and Information Technology, effective from July 1, 2021, for a period of three years[14] - The company has appointed new board members and supervisors during the shareholders' meeting held on August 6, 2021, to enhance governance[13] Market Focus - The company is focusing on market expansion and innovation, as evidenced by its recognition as a "Little Giant" enterprise, which may lead to increased investment and development opportunities[14]

Financial Performance - The company reported a revenue of RMB 150 million for the first half of 2021, representing a year-on-year increase of 20% compared to the same period in 2020[17]. - The net profit attributable to shareholders for the first half of 2021 was RMB 30 million, an increase of 15% year-on-year[17]. - The company's operating revenue for the reporting period was ¥295,024,297.96, representing a 33.98% increase compared to ¥220,199,848.42 in the same period last year[23]. - The net profit attributable to shareholders was ¥64,788,698.61, up 36.32% from ¥47,525,805.00 year-on-year[23]. - Operating profit reached 76.48 million yuan, up 37.04% compared to the previous year[49]. - The total comprehensive income for the first half of 2021 was ¥64,788,698.61, an increase from ¥47,525,805.00 in the same period of 2020, reflecting a growth of approximately 36.3%[159]. - Basic and diluted earnings per share for the first half of 2021 were both ¥0.59, compared to ¥0.43 in the first half of 2020, reflecting a 37.2% increase[154]. Market Expansion and Strategy - The company plans to expand its market presence by increasing production capacity by 25% in the next fiscal year[17]. - The company aims to launch two new product lines by the end of 2021, targeting the growing demand in the renewable energy sector[17]. - The company is exploring potential acquisition opportunities to enhance its technological capabilities and market reach[17]. - The company is expanding its market presence in engine thermal end and post-treatment system sealing products, particularly in the Cummins and new energy sectors[49]. - The company has established itself as a key supplier for certain clients in the new energy vehicle market, enhancing its competitive position[33]. - The company has achieved a significant market presence, covering over 80% of domestic diesel engine manufacturers and expanding its international market reach[35]. Research and Development - Research and development expenses accounted for 10% of total revenue, reflecting the company's commitment to innovation and new product development[17]. - The company has obtained 6 invention patents and 28 utility model patents, enhancing its R&D capabilities[50]. - Research and development investment increased by 13.25% to ¥10,844,505.17, indicating a commitment to enhancing product capabilities[59]. - The company is actively developing new products for the new energy vehicle sector, including sealing products for electric drive systems and hydrogen fuel cell applications[31]. Financial Position and Assets - Total assets increased by 75.94% to ¥1,078,933,096.95 from ¥613,246,330.79 at the end of the previous year[23]. - The company's equity increased to CNY 819,142,765.19, up from CNY 392,318,910.92 at the end of 2020, representing a growth of 109%[149]. - Cash and cash equivalents increased to CNY 511,768,751.00, up from CNY 128,630,303.71 at the end of 2020, marking a growth of 297%[146]. - The company reported a significant increase in accounts receivable, which rose to CNY 171,420,297.26 from CNY 158,003,638.53, reflecting an increase of 8%[146]. Risks and Challenges - The company faces risks including intensified market competition and potential changes in customer policies, which could impact future performance[6]. - The company reported a customer concentration risk, with the top five customers accounting for 60% of total sales[6]. - The company has identified market risks including potential sales declines in the commercial vehicle market and ongoing impacts from the COVID-19 pandemic, particularly regarding chip shortages and raw material price fluctuations[81]. - The company faces risks from high customer concentration, as major clients in the engine industry may lead to order reductions if they encounter significant operational issues[83]. Corporate Governance and Compliance - The company did not distribute cash dividends or issue bonus shares during the reporting period[90]. - There were no significant lawsuits or arbitration matters during the reporting period[104]. - The company did not engage in any major related-party transactions during the reporting period[111]. - The company has not reported any significant environmental violations or penalties during the reporting period[94]. - The company has not experienced any major changes in its board of directors or senior management during the reporting period[89]. Initial Public Offering (IPO) - The company completed its initial public offering (IPO) of 36.6 million shares at a price of 10.64 CNY per share, increasing total shares from 10.98 million to 14.64 million[125]. - The company received approval from the China Securities Regulatory Commission for its IPO, as documented in the official notice[120]. - The proportion of state-owned shares decreased from 66.92% to 50.19% post-IPO[124]. - The total number of ordinary shareholders at the end of the reporting period was 41,920[131]. Financial Reporting and Accounting - The financial statements were prepared in accordance with the accounting standards set by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status[176]. - The company has evaluated its ability to continue as a going concern for the next 12 months, with no significant doubts identified[174]. - The company adopted the new leasing standards effective January 1, 2021, with no significant impact on its financial position or cash flows[175]. - The company uses RMB as its functional currency for accounting purposes[179].