证券代码：301023 证券简称：江南奕帆 无锡江南奕帆电力传动科技股份有限公司 投资者关系活动记录表 编号：2023 -003 | 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 | | | | ☐其他（请文字说明其他活动内容） | | | 参与单位名称及人员姓名 | 线上参与公司2022年度业绩说明的全体投资者 | | | 时间 | 2023年05月22日 15:00-17:00 | | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 董事长 刘锦成先生 | | | | 董事兼总经理 刘松艳先生 | | | 上市公司接待人员姓名 | 董事兼副总经理 孙定坤先生 | | | | 独立董事 王建辉先生 | | | | 财务总监兼董事会秘书、副总经理 唐颖彦女士 | | | 1 .请问公司的减持计划进行的如何?此计划是否会对公司造成 | | | --- | --- | | 哪些影响? | | | 投资者关系活动主要内容 ...

证券代码：301023 证券简称：江南奕帆 公告编号：2023-036 无锡江南奕帆电力传动科技股份有限公司 关于举行2022年度业绩说明会的公告 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 无锡江南奕帆电力传动科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日在巨潮资讯网上披露了《2022 年年度报告》及《2022 年年度报告摘 要》。为便于广大投资者更加全面深入地了解公司经营业绩、发展战略等情况， 公司定于 2023 年 5 月 22 日（星期一）15:00-17:00 在"价值在线"（www.ir- online.cn）举行无锡江南奕帆电力传动科技股份有限公司 2022 年度业绩说明会， 与投资者进行沟通和交流，广泛听取投资者的意见和建议。 一、业绩说明会召开的时间、地点和方式 会议召开时间：2023 年 5 月 22 日（星期一）15:00-17:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 二、参加人员 董事长 刘锦成先生，董事兼总经理 刘松艳先生，董事兼副总经理 孙定坤 先生， ...

Dividend Distribution - The company plans to distribute a cash dividend of 7 RMB per 10 shares to all shareholders, based on a total of 56,000,250 shares[3]. - The company plans to distribute a cash dividend of RMB 5 per 10 shares, totaling RMB 18,666,750, and will increase its total share capital to 56,000,250 shares through a capital reserve conversion[158]. - The company plans to distribute a cash dividend of RMB 3.00 per 10 shares, totaling RMB 16,800,075.00, based on a total share capital of 56,000,250 shares[159]. - The cash dividend distribution plan for the year includes a total cash dividend of RMB 39,200,175.00, which represents 100% of the distributable profit of RMB 302,150,306.97[161]. Financial Performance - The company's operating revenue for 2022 was ¥183,186,667.37, a decrease of 11.26% compared to ¥206,426,143.60 in 2021[25]. - Net profit attributable to shareholders for 2022 was ¥79,782,137.49, an increase of 21.75% from ¥65,528,004.43 in 2021[25]. - The net profit after deducting non-recurring gains and losses was ¥71,446,107.05, up 20.89% from ¥59,098,969.63 in the previous year[25]. - The net cash flow from operating activities was ¥60,601,128.77, down 16.00% from ¥72,144,427.30 in 2021[25]. - Basic earnings per share for 2022 were ¥1.42, a 3.65% increase from ¥1.37 in 2021[25]. - Total assets at the end of 2022 were ¥932,434,941.69, an increase of 3.09% from ¥904,445,174.92 at the end of 2021[25]. - Net assets attributable to shareholders at the end of 2022 were ¥851,815,595.53, up 5.49% from ¥807,500,283.04 at the end of 2021[25]. - The company reported a net profit margin of 5.743% for the year 2022[130]. - The gross margin for the main business was 45.64% in 2022, although it showed a downward trend due to raw material price fluctuations and exchange rate volatility[102]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report, indicating potential operational risks and corresponding countermeasures[3]. - The company has established a risk control mechanism for its forward foreign exchange transactions, ensuring compliance with internal evaluation and regulatory requirements[87]. - The company emphasizes the importance of training personnel to understand financial derivative product contracts to minimize legal and operational risks[87]. - Future risks include potential declines in gross profit margin due to increased market competition and raw material price hikes[103]. - The company aims to strengthen supply chain management and diversify raw material procurement to control cost fluctuations effectively[103]. Corporate Governance - The financial report assures that all board members attended the meeting to review the report, ensuring accountability and transparency[3]. - The company reported a significant improvement in its governance structure, aligning with regulatory requirements and enhancing operational transparency[110]. - The company has established four specialized committees: Strategic Committee, Nomination Committee, Audit Committee, and Compensation and Assessment Committee, ensuring governance and oversight[115]. - The company adheres to information disclosure obligations, ensuring timely, accurate, and fair communication with shareholders through designated media[118]. - The company has implemented strict operational procedures and authorization management for its forward foreign exchange trading activities[87]. Research and Development - The company is focusing on the development of intelligent control systems to enhance safety and comfort in the RV industry, which is expected to recover as tourism normalizes[37]. - The company is committed to enhancing its innovation system to support the transformation and upgrading of the reduction gear industry[35]. - The company has completed the development of a compact hub motor with a high transmission ratio, aimed at optimizing the product structure of the intelligent micro-motor industry[67]. - The company is developing a new type of planetary reducer motor aimed at achieving a high reduction ratio and compact structure, which is expected to enhance market demand for the product[66]. - The company’s R&D investment in 2022 amounted to ¥9,858,291.34, representing 5.38% of total operating revenue, an increase from 4.77% in 2021[70]. Market Outlook - The high-voltage switch manufacturing industry is expected to grow at a compound annual growth rate (CAGR) of over 8% in the next five years, with the market size projected to exceed 550 billion by 2024[36]. - The semiconductor industry in China achieved a sales revenue of 4,763.5 billion in the first half of 2022, reflecting a year-on-year growth of 16.1%[39]. - The photovoltaic industry in China added 8,743 million kilowatts of new installed capacity in 2022, accounting for 32.28% of the global total[38]. - The company anticipates increased demand for automation and precision in the procurement of photovoltaic tracking support motors due to the growth in the solar energy sector[38]. - The projected compound annual growth rate for China's photovoltaic component capacity from 2021 to 2025 is nearly 24%, indicating a promising outlook for the company's projects[69]. Shareholder Relations - The company ensured equal treatment of all shareholders during general meetings, facilitating their participation and rights[111]. - The company has committed to social responsibility by donating approximately one million yuan to community welfare foundations and local schools[172]. - The company has not engaged in speculative derivative investments during the reporting period, focusing solely on hedging activities[88]. - The company will take measures to disclose specific reasons for failing to fulfill commitments in a timely and adequate manner[195]. - The company guarantees to strictly adhere to the commitments disclosed in the prospectus for the issuance and listing[196]. Environmental Responsibility - The company has not reported any significant environmental issues or social responsibility failures during the reporting period[7]. - The company faced administrative penalties totaling 140,000 yuan for environmental violations, which have since been rectified[171]. - The company has taken measures to strengthen environmental compliance and enhance operational control[171]. - There were no major environmental issues reported, and the company is not classified as a key pollutant discharge unit[171]. Employee Management - The company has implemented a performance-based salary system, focusing on rewarding high-performing employees and aligning compensation with company performance[155]. - The company has established a comprehensive training program to enhance employee skills and ensure alignment with strategic development goals[156]. - The company emphasizes the importance of employee training and development to meet long-term professional talent needs[156]. - The company’s workforce includes 4 employees with master's degrees, 22 with bachelor's degrees, and 52 with associate degrees[154]. Strategic Initiatives - The company has outlined its future development outlook, which includes strategies for market expansion and potential mergers and acquisitions[6]. - The company plans to expand into new market segments and develop new products to mitigate the impact of declining export sales[52]. - The company is focused on capital reserve conversion to increase share capital, reflecting a strategy for shareholder value enhancement[128]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[185]. - A strategic acquisition of a local competitor is anticipated to enhance the company's market position and is expected to be completed by Q3 2023[184].

Financial Performance - The company's revenue for Q1 2023 was ¥38,620,812.57, a decrease of 3.93% compared to ¥40,199,303.09 in the same period last year[5] - Net profit attributable to shareholders was ¥14,358,094.78, down 29.37% from ¥20,329,407.96 year-on-year[5] - Basic and diluted earnings per share were both ¥0.26, representing a decrease of 51.85% from ¥0.54 in the same period last year[5] - Total operating revenue for Q1 2023 was CNY 38,620,812.57, a decrease of 3.9% from CNY 40,199,303.09 in Q1 2022[20] - Net profit for Q1 2023 was CNY 14,174,458.49, a decline of 30.3% compared to CNY 20,329,407.96 in Q1 2022[21] - Earnings per share for Q1 2023 was CNY 0.26, down from CNY 0.54 in the same period last year[22] Cash Flow - The net cash flow from operating activities was -¥6,114,692.03, a decline of 150.43% compared to ¥12,124,144.87 in the previous year[5] - The company’s cash flow from operating activities showed a significant change, reflecting ongoing adjustments in financial strategy[22] - The net cash flow from operating activities was -6,114,692.03, a decrease from 12,124,144.87 in the previous period, indicating a significant decline in operational performance[23] - Cash inflow from investment activities totaled 499,123,729.14, compared to 124,147,602.30 in the prior period, showing a substantial increase in investment receipts[24] - The net cash flow from investment activities was -90,864,599.77, worsening from -72,155,698.02 in the previous period, reflecting increased cash outflows for investments[24] - Cash inflow from financing activities was 3,000,000.00, with cash outflow totaling 3,336,444.50, resulting in a net cash flow of -336,444.50[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥938,695,493.43, an increase of 0.67% from ¥932,434,941.69 at the end of the previous year[5] - Total liabilities decreased to CNY 73,587,101.76 in Q1 2023 from CNY 81,164,564.01 in Q1 2022, a reduction of 9.8%[19] - Non-current assets totaled CNY 138,251,316.40, an increase of 12.5% from CNY 122,830,638.28 in the previous year[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,010[12] - Liu Jincheng holds 41.36% of shares, totaling 23,160,000 shares, with 8,190,000 shares pledged[12] - The total number of restricted shares at the end of the period is 32,168,057 shares[14] Investment and Subsidies - The company reported a significant decrease in investment income, down 88.24% to ¥311,267.86, attributed to fair value changes of financial assets and liabilities[10] - The company received government subsidies amounting to ¥114,000.01 during the reporting period, which are closely related to its main business operations[6] Operational Efficiency - The company’s accounts receivable stand at RMB 74,478,209.59, slightly up from RMB 74,026,658.32[17] - The number of receivables increased by 49.97% to ¥7,153,351.52, primarily due to an increase in commercial acceptance bills[9] - Contract liabilities surged by 369.67% to ¥3,468,336.54, mainly due to an increase in advance payments[9] - Research and development expenses for Q1 2023 were CNY 1,706,625.35, a slight decrease from CNY 1,759,621.72 in the previous year[20] - Cash received from sales of goods and services was 43,286,345.84, a decrease from 52,806,190.45 in the previous period, reflecting lower sales performance[23] - Cash paid for employee compensation was 14,953,738.11, down from 16,572,408.96, indicating cost-cutting measures in personnel expenses[23]

Group 1: Company Overview - Jiangnan Yifan focuses on two main product categories: energy storage reduction motors and RV reduction motors, with sales proportions of approximately 60% and 30% respectively [2] - The average price of reduction motors is around $30-40, while the average price for energy storage reduction motors is approximately 200 RMB [2] Group 2: Profitability and Management - The company enjoys relatively high gross margins due to a flat management structure, high employee efficiency, and lower management costs compared to industry peers [2] - High customer loyalty and a good industry reputation contribute to the company's profitability, with some new clients actively seeking collaboration [2] Group 3: Market Trends and Future Development - The development of energy storage reduction motors is expected to be stable, while the RV reduction motor market will depend on economic conditions and demand in Europe and the US [3] - The solar cleaning robot technology has advanced significantly, and future development is anticipated to be stable and positive [3] Group 4: Product Supply and Demand - The current procurement model for solar robots and photovoltaic rotating brackets is based on demand, with approximately 90,000 motors needed for a 2.7 GW power generation capacity [3] - The company is actively communicating with target customers to explore the photovoltaic robot market, which is seen as a new beginning for domestic market growth [3] Group 5: Corporate Structure and Strategy - Since its listing, Jiangnan Yifan has been expanding its internal team and promoting departmental collaboration, with a mature professional team already in place [4] - The company is focused on core areas such as energy storage reduction motors, RV reduction motors, and solar motors, while also increasing investment in R&D and sales to expand the upstream and downstream supply chain [4]

Financial Performance - The company's revenue for Q3 2022 was ¥46,218,811.70, a decrease of 11.91% compared to the same period last year[5] - Net profit attributable to shareholders was ¥18,198,531.55, an increase of 20.13% year-on-year[5] - The net profit after deducting non-recurring gains and losses reached ¥22,021,775.76, up 57.29% from the previous year[5] - Total operating revenue for Q3 2022 was CNY 138,650,177.62, a decrease of 6.15% compared to CNY 147,567,649.49 in Q3 2021[21] - Net profit for Q3 2022 reached CNY 64,504,164.38, an increase of 41.73% compared to CNY 45,518,397.52 in Q3 2021[23] - The total comprehensive income for Q3 2022 was CNY 64,504,164.38, compared to CNY 45,518,397.52 in Q3 2021, marking an increase of 41.73%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥915,749,866.94, reflecting a 1.25% increase from the end of the previous year[5] - The company reported a total asset of 915,749,866.94 yuan as of September 30, 2022, an increase from 904,445,174.92 yuan at the beginning of the year[18] - The company’s non-current assets increased to 99,501,296.26 yuan from 88,105,613.18 yuan[18] - The company’s total liabilities decreased to CNY 79,212,244.52 from CNY 96,944,891.88, indicating a reduction of 18.41%[22] - The company’s total liabilities decreased by 51.20% in accounts payable, reflecting reduced supplier payments[10] - The total liabilities include accounts payable of 33,394,427.01 yuan, down from 37,337,470.81 yuan[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,433[12] - Liu Jincheng holds 41.36% of shares, totaling 23,160,000 shares[12] - The company has a total of 42,000,000 shares with lock-up restrictions, of which 18,840,000 are tradable[15] Cash Flow - Cash flow from operating activities for the year-to-date was ¥49,961,970.48, an increase of 11.33% compared to the same period last year[5] - The net cash flow from operating activities for Q3 2022 was ¥49,961,970.48, an increase from ¥44,877,887.86 in Q3 2021, representing a growth of approximately 4.8%[25] - The total cash inflow from investment activities was ¥1,156,853,137.21, significantly higher than ¥159,122,484.45 in the same period last year[25] - The net cash flow from investment activities was -¥323,474,440.08, compared to -¥125,764,017.35 in Q3 2021, indicating a deeper cash outflow[25] - The net cash flow from financing activities was -¥35,466,825.00, a decrease from a positive cash flow of ¥479,805,150.59 in Q3 2021[25] - The company reported a total cash outflow from operating activities of ¥115,133,564.00, compared to ¥103,502,464.55 in the previous year, reflecting an increase of approximately 11.8%[25] Investment and Income - The company reported a significant increase in investment income of 415.31%, totaling ¥6,665,421.62, primarily due to increased financial investment returns[10] - The company reported an investment income of CNY 6,665,421.62, significantly higher than CNY 1,293,484.43 in the same period last year[22] - The company received government subsidies amounting to ¥414,000.01 during the reporting period, contributing to its financial performance[6] Future Outlook - The company’s future outlook includes plans for product development and market expansion, although specific figures are not provided in the documents[16]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥92,431,365.92, a decrease of 2.81% compared to ¥95,100,322.01 in the same period last year[18]. - Net profit attributable to shareholders increased by 53.32% to ¥46,563,108.69 from ¥30,369,235.61 year-on-year[18]. - The net profit after deducting non-recurring gains and losses was ¥38,045,753.56, up 33.33% from ¥28,534,804.56 in the previous year[18]. - The net cash flow from operating activities rose by 52.20% to ¥32,452,050.22 compared to ¥21,321,457.31 in the same period last year[18]. - Basic earnings per share increased by 53.70% to ¥0.83 from ¥0.54 in the same period last year[18]. - The gross profit margin was 45.00%, down 2.29% compared to the previous year[53]. - The company achieved a revenue of 92.43 million yuan, a year-on-year decrease of 2.81% due to rising raw material prices and the impact of the pandemic[44]. - The company reported a total revenue of 7,711.4 million CNY for the first half of 2022, with a net profit margin of 7.63%[83]. - The company’s net profit for the first half of 2022 was CNY 46,602,671.83, an increase of 53.6% compared to CNY 30,369,235.61 in the same period of 2021[177]. Cash Flow and Investments - The company reported a significant increase in financial expenses, with a decrease of 1485.73% due to exchange gains and increased interest income[54]. - The company's cash and cash equivalents decreased by 313.53% to -203.92 million yuan, primarily due to investment activities[56]. - The company has utilized RMB 30 million of temporarily idle raised funds for cash management, with an unexpired balance of RMB 26.15 million as of June 30, 2022[78]. - The company reported a cash outflow from financing activities of CNY 18,666,750.00, compared to CNY -721,166.75 in the same period last year, indicating a significant increase in cash outflow[181]. - The total cash inflow from investment activities was CNY 275,265,232.75, compared to CNY 159,121,264.45 in the previous year, indicating a year-over-year increase of about 73.0%[181]. - The net cash flow from investment activities was negative at CNY -219,371,248.30, a significant decline from a positive CNY 76,222,389.74 in the first half of 2021[181]. Assets and Liabilities - Total assets at the end of the reporting period were ¥906,081,331.66, a slight increase of 0.18% from ¥904,445,174.92 at the end of the previous year[18]. - The company's total liabilities decreased from CNY 96,944,891.88 at the beginning of the year to CNY 70,717,059.78 by June 30, 2022, indicating a reduction of approximately 27%[165]. - The total equity attributable to the parent company increased from CNY 807,500,283.04 to CNY 835,396,641.73, reflecting a growth of about 3.5%[165]. - The company's inventory decreased from CNY 22,059,307.15 to CNY 20,023,016.04, a reduction of approximately 9.2%[163]. - The total assets of the company at the end of the reporting period were reported at 835,436,204.87 CNY, showing a robust asset position[191]. Shareholder Information - The company plans to distribute a cash dividend of ¥3.00 per 10 shares to all shareholders, based on a total of 56,000,250 shares[3]. - The cash dividend for the reporting period was RMB 3.00 per share, totaling RMB 16,800,075, reflecting a commitment to shareholder returns[101]. - The total cash dividend distributed amounts to CNY 16,800,075.00, with a distribution ratio of 100% of the profit allocation[102]. - The total number of shares increased by 18,666,750 shares due to the capital reserve conversion, with 14,000,000 shares being converted from capital reserves[140]. - As of the end of the reporting period, the total number of ordinary shareholders was 8,261, with the largest shareholder, Liu Jincheng, holding 41.36% of the shares[149]. Business Operations and Strategy - The company specializes in the research, development, manufacturing, and sales of customized micro-reduction motors, with a product range that includes energy storage reduction motors and solar energy rotary drive motors[25]. - The company employs an "order-based procurement" model to ensure timely supply of materials while maintaining a reasonable inventory turnover rate[34]. - The production model is based on "sales-driven production," allowing for dynamic adjustments to production plans based on customer demand[36]. - The company has established long-term stable partnerships with major clients, including Siemens and Schneider Electric, and has a product specification range of nearly 3,000 types[25]. - The company is developing linear actuator motors in collaboration with RV accessory companies, focusing on low noise and multi-rod synchronous control capabilities[45]. Risk Management - The company is focused on addressing operational risks and has outlined measures in the report to mitigate these risks[3]. - The company has established a risk control system for its foreign exchange operations, focusing on market, liquidity, operational, and legal risks[84]. - The company plans to enhance its risk management strategies by closely monitoring international trade policies and adjusting market strategies accordingly[91]. - The company has identified risks related to international trade policies and is actively working to enhance its competitive edge and risk resilience[89]. Research and Development - The company has established a strong technical team with extensive experience in continuous innovation and product development, enhancing customer trust and dependency on its products[38]. - Research and development expenses amounted to 4.15 million yuan, a decrease of 14.24% year-on-year[54]. - The company aims to enhance its technological capabilities through ongoing research and development initiatives[186]. - The company is committed to ongoing research and development to drive innovation and improve operational efficiency[191]. Compliance and Governance - There were no significant environmental penalties or issues reported during the period[106]. - The company has not engaged in any entrusted loans during the reporting period, reflecting a conservative financial strategy[85]. - The company has not reported any overdue amounts or impairment provisions related to its entrusted financial management[81]. - The financial statements were approved for release by the company's board on August 5, 2022[196].

Financial Performance - The company's operating revenue for 2021 was CNY 206,426,143.60, representing an increase of 11.91% compared to CNY 184,462,483.92 in 2020[24] - The net profit attributable to shareholders for 2021 was CNY 65,528,004.43, a decrease of 3.48% from CNY 67,890,895.72 in the previous year[24] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 59,098,969.63, down 4.51% from CNY 61,888,127.45 in 2020[24] - The net cash flow from operating activities for 2021 was CNY 72,144,427.30, a decline of 5.27% compared to CNY 76,159,714.68 in 2020[24] - The basic earnings per share for 2021 was CNY 2.05, a decrease of 15.29% from CNY 2.42 in the previous year[24] - The gross profit margin declined to 45.73%, down 8.79% compared to the previous year, primarily due to rising commodity prices and exchange rate fluctuations[61][62] - The company achieved a revenue of ¥206,426,143.60 in 2021, representing a year-on-year increase of 11.91%[51] - The company reported a total revenue of 513.49 million for the year 2021[153] Assets and Liabilities - The total assets at the end of 2021 amounted to CNY 904,445,174.92, an increase of 176.84% from CNY 326,705,203.23 at the end of 2020[25] - The net assets attributable to shareholders at the end of 2021 were CNY 807,500,283.04, up 207.20% from CNY 262,862,324.25 at the end of 2020[25] - The company's total liabilities included accounts payable of ¥37.34 million, which accounted for 4.13% of total assets, down from 10.10% at the beginning of the year, a decrease of 5.97% due to increased raw material purchases[87] - The company reported a total of ¥104.87 million in restricted assets, primarily due to cash deposits and collateral for loans[90] Research and Development - Research and development investment increased by 19.11% to CNY 9.84 million, focusing on upgrading existing products and developing new ones[61] - The company has achieved the goal of forming independent intellectual property rights through its R&D projects, which are expected to drive high-quality development[76] - The company completed the development of a compact high-voltage circuit breaker with a built-in dual-direction clutch, aimed at enhancing safety and operational reliability[76] - The company is developing a linear actuator motor in collaboration with RV accessory companies, focusing on low noise and multi-rod synchronous control capabilities[52] Market Position and Strategy - The company operates in the micro special reduction motor sector, focusing on customized solutions for the power distribution and RV accessory industries, with a product range of nearly 3,000 specifications[39] - The RV market in China saw a sales growth of 74% from January to November 2021, indicating a strong market potential for the company's products[38] - The high-voltage switch industry in China is expected to grow at a compound annual growth rate of 4.9% from 2019 to 2024, providing a favorable environment for the company's expansion[35] - The company has established long-term partnerships with renowned global clients such as Siemens and Schneider Electric, enhancing its market position[39] Corporate Governance - The company has established a robust corporate governance structure, including a complete and independent internal management system[131] - The company has held multiple shareholder meetings, with participation rates of 100% for the first annual meeting and around 75% for subsequent meetings[132] - The company has a clear structure for its supervisory board, with members having relevant industry experience[145] - The company has maintained a stable management team, with key personnel holding their positions for several years[146] Shareholder Actions and Dividends - The company plans to distribute a cash dividend of CNY 5.00 per 10 shares to all shareholders, based on a total of 37,333,500 shares[6] - The total cash dividend, including other methods, amounted to RMB 18,666,750, which represents 100% of the total distributable profit of RMB 265,879,845.97[173] - The company has adhered to its profit distribution policy, ensuring that all procedures and mechanisms are complete and transparent[171] Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 20%[200] - New product launches are expected to contribute an additional $50 million in revenue in the upcoming year[200] - Market expansion plans include entering three new international markets by the end of 2022[200] - The company is considering strategic acquisitions to enhance its market position, with a budget of $100 million allocated for potential deals[200] Employee Management - The company has implemented various employee welfare policies, including meal subsidies and employee stock ownership plans to attract and retain talent[167] - The company has established a training program to enhance employee skills and ensure coverage across different levels and types of staff[168] - The total remuneration paid to directors, supervisors, and senior management in 2021 amounted to 5.1349 million yuan[151] Risk Management - The company has outlined potential risks and countermeasures in its future development outlook, which investors should be aware of[6] - The company is aware of international trade policy risks, particularly due to tariffs imposed by the U.S. government on Chinese products, which could adversely affect its export business[112][113] - The company plans to implement measures such as product and technology R&D, diversified raw material procurement, and supply chain management to mitigate the risk of declining gross margins[114]

Financial Performance - The company's revenue for Q1 2022 was ¥40,199,303.09, representing a slight increase of 0.30% compared to ¥40,077,348.50 in the same period last year[3] - Net profit attributable to shareholders increased by 48.19% to ¥20,329,407.96 from ¥13,718,591.01 year-on-year[3] - Basic earnings per share increased by 10.20% to ¥0.54, compared to ¥0.49 in the same period last year[4] - Operating profit for Q1 2022 was CNY 16,874,242.54, compared to CNY 15,762,533.41 in Q1 2021, reflecting an increase of approximately 7.1%[20] - Net profit for Q1 2022 reached CNY 20,329,407.96, up from CNY 13,718,591.01 in the same period last year, indicating a growth of about 48.3%[20] Cash Flow - The net cash flow from operating activities rose by 47.04% to ¥12,124,144.87, up from ¥8,245,507.65 in the previous year[3] - The company reported a net cash flow from operating activities of CNY 12,124,144.87, an increase from CNY 8,245,507.65 in Q1 2021, showing a growth of about 47.5%[23] - The company experienced a net cash outflow from investment activities of CNY 72,155,698.02 in Q1 2022, compared to a net inflow of CNY 30,385,476.64 in Q1 2021[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥899,320,092.10, a decrease of 0.57% from ¥904,445,174.92 at the end of the previous year[4] - Current assets totaled CNY 803,714,723.81, down from CNY 816,339,561.74 at the start of the year, indicating a decrease of approximately 1.5%[17] - Total liabilities decreased to CNY 71,490,401.10 from CNY 96,944,891.88, showing a reduction of about 26.3%[18] - The company's accounts receivable stood at CNY 70,786,360.29, down from CNY 75,640,363.56, representing a decrease of approximately 6.5%[16] Equity - The company's equity attributable to shareholders increased by 2.52% to ¥827,829,691.00 from ¥807,500,283.04 at the end of the previous year[4] - The equity attributable to the parent company increased to CNY 827,829,691.00 from CNY 807,500,283.04, marking an increase of approximately 2.5%[18] Investment Activities - Investment income increased significantly by 220% to ¥2,647,602.30, compared to ¥827,318.67 in the previous year[9] - The company participated in establishing a private equity investment fund, indicating a strategic move towards investment diversification[14] Employee Compensation - The company reported a significant reduction in employee compensation liabilities from CNY 14,068,826.12 to CNY 3,733,890.89, a decrease of approximately 73%[18] Inventory and Expenses - The company’s inventory increased slightly to CNY 22,336,255.99 from CNY 22,059,307.15, reflecting a growth of about 1.3%[17] - Research and development expenses for Q1 2022 were CNY 1,759,621.72, down from CNY 2,011,019.66 in Q1 2021, indicating a reduction of about 11.6%[19] - Total operating costs for Q1 2022 were CNY 26,102,360.07, an increase from CNY 25,331,037.13 in Q1 2021, representing a growth of about 3.0%[19]

Financial Performance - The company's revenue for Q3 2021 was ¥52,467,327.48, a decrease of 2.27% compared to the same period last year, while year-to-date revenue increased by 10.99% to ¥147,567,649.49[3] - Net profit attributable to shareholders for Q3 2021 was ¥15,149,161.91, down 26.95% year-on-year, and year-to-date net profit decreased by 10.22% to ¥45,518,397.52[3] - Basic earnings per share for Q3 2021 was ¥0.4427, a decline of 40.23% compared to the same period last year, with year-to-date earnings per share at ¥1.5135, down 16.41%[3] - Total operating revenue for Q3 2021 reached ¥147,567,649.49, an increase of 10.8% compared to ¥132,958,324.30 in the same period last year[22] - Operating profit for Q3 2021 was ¥52,129,428.55, a decrease of 10.1% from ¥57,999,504.60 in Q3 2020[23] - Net profit attributable to the parent company was ¥45,518,397.52, down 10.2% from ¥50,698,776.80 in the previous year[24] - The company reported a basic earnings per share of ¥1.5135, down from ¥1.8107 in the previous year[24] Assets and Liabilities - Total assets at the end of Q3 2021 reached ¥877,647,761.66, an increase of 168.64% compared to the end of the previous year[3] - Total liabilities increased to ¥90,157,085.53, compared to ¥63,842,878.98 in the same period last year, reflecting a significant rise of 41.1%[20] - Total equity attributable to shareholders reached ¥787,490,676.13, up from ¥262,862,324.25, marking a substantial increase of 199.5%[20] - The company's accounts receivable increased to RMB 76,142,986.50 from RMB 60,260,061.39[18] - Inventory levels rose to RMB 26,211,530.19, up from RMB 16,588,840.57[18] - Non-current assets total RMB 75,762,347.18, compared to RMB 51,886,130.25 previously[18] - The company has a significant increase in trading financial assets, reaching RMB 244,933,500.00[18] Cash Flow - The company reported a net cash flow from financing activities of ¥479,805,150.59, a significant increase of 2,663.75% due to funds raised from the IPO[11] - Cash flow from operating activities was ¥148,380,352.41, slightly up from ¥146,040,340.65 in the same period last year[26] - The net cash flow from operating activities for Q3 2021 was ¥44,877,887.86, a decrease of 7.5% compared to ¥48,493,682.06 in Q3 2020[27] - The net cash flow from investing activities was -¥125,764,017.35, a significant decline from a positive cash flow of ¥31,607,686.88 in the same quarter last year[27] - Cash inflow from financing activities totaled ¥487,449,710.40, with a net cash flow of ¥479,805,150.59 after outflows, compared to a net outflow of -¥18,715,000.00 in Q3 2020[27] - The total cash and cash equivalents at the end of Q3 2021 reached ¥427,982,094.23, an increase from ¥118,455,677.77 in Q3 2020[28] Expenses - The company's operating costs for the year-to-date period increased by 34.27% to ¥79,433,186.52, primarily due to rising raw material prices[11] - The company experienced a 62.20% increase in management expenses, totaling ¥9,189,749.98, attributed to increased personnel costs and IPO-related expenses[11] - Research and development expenses for Q3 2021 amounted to ¥8,031,636.25, an increase of 26.9% from ¥6,327,539.48 in Q3 2020[22] - The total cost of operations was ¥98,045,689.77, an increase of 28.4% compared to ¥76,379,611.48 in Q3 2020[22] - The company paid ¥25,677,523.40 in employee-related cash payments, up from ¥20,285,493.93 in the previous year[27] - The cash paid for taxes was ¥8,207,898.02, a decrease of 45.5% compared to ¥15,033,049.25 in Q3 2020[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,792[13] - Liu Jincheng holds 41.36% of shares, amounting to 15,440,000 shares[13] - The top ten shareholders include Chen Yuanzhi and Gong Jianfen, each holding 11.25% of shares[13] - The company issued 9,333,500 shares during its initial public offering, with trading starting on July 7, 2021[15] - The cash dividend distribution for the first half of 2021 is RMB 2 per 10 shares, totaling RMB 7,466,700[16] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[3] - Deferred income tax liabilities decreased to ¥515,025.00 from ¥644,030.08, a reduction of 20.0%[20] - The report for Q3 2021 was not audited[28]