Financial Performance - The company's operating revenue for the first half of 2022 was ¥426,944,177.58, a decrease of 18.43% compared to ¥523,415,461.76 in the same period last year[24]. - The net profit attributable to shareholders was ¥99,093,891.80, down 3.55% from ¥102,735,918.79 in the previous year[24]. - The net profit after deducting non-recurring gains and losses was ¥85,801,330.50, a decline of 12.49% compared to ¥98,045,285.42 in the same period last year[24]. - The net cash flow from operating activities was ¥51,358,644.24, which is 16.66% lower than ¥61,622,694.10 in the previous year[24]. - Basic earnings per share decreased by 27.78% to ¥0.26 from ¥0.36 in the same period last year[24]. - The weighted average return on equity dropped to 8.63%, down 8.85% from 17.48% in the previous year[24]. - Total assets at the end of the reporting period were ¥1,500,462,233.67, a decrease of 4.34% from ¥1,568,510,770.80 at the end of the previous year[24]. - The net assets attributable to shareholders increased by 2.12% to ¥1,121,949,216.23 from ¥1,098,637,724.43 at the end of the previous year[24]. Business Operations - The company achieved operating revenue of 426.94 million yuan, a year-on-year decrease of 18.43%[32]. - The company has successfully launched the "annual production of 30,000 air compressors expansion project" as planned, generating benefits[32]. - The company has developed and started selling oil-free screw compressors, targeting high-quality air requirements in industries such as semiconductors, photovoltaics, lithium batteries, food, and pharmaceuticals[32]. - The sales volume of the company's vacuum pump products has shown steady growth[32]. - The company focuses on providing energy-saving and efficient air power solutions, with a core business in the research, production, and sales of air compressors and supporting equipment[32]. - The company has over 30 years of experience in manufacturing, cultivating high-quality air compressor brands such as "JAGUAR"[33]. - The company’s products are widely used in various industries, including equipment manufacturing, automotive, semiconductor, photovoltaic, lithium battery, metallurgy, power, electronics, medical, textile, and biopharmaceuticals[33]. Research and Development - The company’s R&D is guided by market demand and strategic planning, focusing on high-demand product types and collaborating with technical institutions for new product development[51]. - The company has developed oil-free compressors that provide clean compressed air, suitable for industries such as medical and food[46]. - The company’s high-pressure series compressors feature advanced cooling technology, improving efficiency and reducing energy consumption[47]. - The company’s precision filters have a filtration accuracy of up to 0.01um, enhancing the quality of compressed air and extending equipment lifespan[50]. - Research and development investment amounted to approximately ¥21.29 million, a decrease of 3.15% year-on-year[60]. - The company is focusing on the progress of its vacuum pump products in its R&D efforts[91]. Financial Management - The company reported government subsidies of 8,100,952.26 yuan related to normal business operations[28]. - The total amount of non-recurring gains and losses was 13,292,561.30 yuan after tax effects[29]. - The operating cost decreased by 19.02% to approximately ¥280.31 million, indicating improved cost management[60]. - The company invested ¥648,560,000 during the reporting period, a decrease of 27.13% compared to ¥890,000,000 in the same period last year[71]. - The company plans to utilize no more than RMB 200 million of temporarily idle raised funds for cash management, purchasing safe and liquid principal-protected products[78]. Market and Competition - The market for energy-efficient compressors is growing, driven by government regulations aimed at improving energy utilization efficiency[52]. - The company is exposed to market competition risks and aims to enhance its core competitiveness to maintain market position[88]. - The company is at risk from fluctuations in raw material prices, particularly steel and castings, which could affect production costs[89]. Environmental Compliance - The company has established a wastewater treatment station and organic waste gas treatment facilities, ensuring compliance with environmental protection laws and regulations[103]. - During the reporting period, the company achieved stable operation of pollution control facilities, with pollutants discharged meeting standards[103]. - The company has implemented an emergency response plan for environmental incidents, enhancing coordination among departments to effectively manage potential environmental crises[105]. - The company has reported a total wastewater discharge of 10.06 tons per year, with ammonia nitrogen emissions at 0.71 tons per year, both within regulatory limits[102]. - The company has maintained a pH level of wastewater between 6-9, ensuring compliance with discharge standards[102]. Shareholder Information - The company has no stock incentive plans, employee stock ownership plans, or other employee incentive measures during the reporting period[98]. - The total number of shares before the recent change was 288,806,308, which decreased to 283,912,000 after a reduction of 4,894,308 shares, representing a decrease of approximately 1.69%[137]. - The largest shareholder, Han Yinghuan, holds 47.65% of shares, totaling 180,546 shares[143]. - The company has not reported any share buyback activities or other significant changes in shareholding structure[139]. Governance and Compliance - The company has not reported any changes in accounting policies or prior period errors during this reporting period[170]. - The financial statements are prepared in RMB, with the balance sheet as of June 30, 2022[156]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[147]. - The company’s financial report for the first half of 2022 was not audited[155].

Revenue and Profit - Revenue for Q1 2022 was CNY 220,777,963.49, a decrease of 2.64% compared to CNY 226,767,257.98 in the same period last year[3] - Net profit attributable to shareholders was CNY 46,425,083.27, an increase of 1.10% from CNY 45,918,106.52 year-on-year[3] - Operating profit increased to ¥53,164,506.28, up 2.2% from ¥52,023,513.12 in the previous period[21] - Net profit for the current period is ¥46,425,083.27, representing a slight increase of 1.1% compared to ¥45,918,106.52 in the previous period[22] Earnings Per Share - Basic and diluted earnings per share decreased by 25.00% to CNY 0.12 from CNY 0.16 in the same period last year[3] - Basic and diluted earnings per share decreased to ¥0.12 from ¥0.16, a decline of 25%[22] Cash Flow - Net cash flow from operating activities was CNY -17,872,613.59, a significant decline of 970.53% compared to CNY -1,669,509.48 in the previous year[3] - Cash flow from operating activities showed a net outflow of ¥17,872,613.59, worsening from a net outflow of ¥1,669,509.48 in the previous period[25] - Cash flow from investing activities resulted in a net outflow of ¥546,070,080.58, compared to a smaller outflow of ¥27,477,257.46 in the previous period[25] - The ending balance of cash and cash equivalents decreased to ¥128,601,202.44 from ¥212,019,117.00, a decline of 39.4%[26] Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 1,560,823,281.20, a decrease of 0.49% from CNY 1,568,510,770.80 at the end of the previous year[3] - The company's total liabilities decreased from CNY 469,873,046.37 to CNY 415,760,473.50, indicating a reduction of approximately 11.5%[18] - The total current liabilities decreased from CNY 452,202,201.98 to CNY 397,495,153.22, a decrease of about 12.1%[17] - Cash and cash equivalents decreased significantly from CNY 705,809,599.76 to CNY 148,057,202.44, representing a decline of approximately 79.0%[16] Shareholders' Equity - Shareholders' equity attributable to shareholders increased by 4.23% to CNY 1,145,062,807.70 from CNY 1,098,637,724.43 at the end of the previous year[3] - The total equity attributable to shareholders increased from CNY 1,098,637,724.43 to CNY 1,145,062,807.70, reflecting a growth of about 4.2%[18] Current Assets - Accounts receivable increased by 48.72% to CNY 144,240,480.96 due to higher shipments in March[7] - Accounts receivable rose from CNY 96,990,300.43 to CNY 144,240,480.96, an increase of about 48.5%[16] - Other current assets surged by 1678.83% to CNY 521,273,210.12, primarily due to the increase in unredeemed financial products[7] - The company reported a significant increase in other current assets from CNY 29,304,287.98 to CNY 521,273,210.12, reflecting a growth of approximately 1,676.5%[16] Expenses - Sales expenses rose by 110.58% to CNY 6,801,303.58, mainly due to hosting sales meetings[7] Inventory - Inventory levels slightly decreased from CNY 212,524,248.36 to CNY 206,278,204.31, a reduction of approximately 2.4%[16] Audit Status - The company has not undergone an audit for the first quarter report[27] Stock Information - The company plans to unlock 4,894,308 shares of restricted stock on January 20, 2022, which may impact future equity structure[14]

Financial Performance - The company's operating revenue for 2021 was ¥893,234,176.16, representing a 14.87% increase compared to ¥777,636,560.46 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥180,789,588.77, a 24.77% increase from ¥144,897,239.69 in 2020[21]. - The net profit after deducting non-recurring gains and losses was ¥164,861,218.39, up 29.18% from ¥127,616,550.40 in 2020[21]. - The total assets at the end of 2021 reached ¥1,568,510,770.80, a 77.13% increase from ¥885,525,428.92 at the end of 2020[21]. - The net assets attributable to shareholders increased by 104.88% to ¥1,098,637,724.43 from ¥536,231,422.53 in 2020[21]. - The basic earnings per share for 2021 was ¥0.56, a 9.80% increase from ¥0.51 in 2020[21]. - The weighted average return on equity decreased to 22.72% from 30.37% in 2020, a decline of 7.65%[21]. - The company reported a net cash flow from operating activities of ¥178,354,475.81, down 12.92% from ¥204,817,619.15 in 2020[21]. - In 2021, the company achieved a total revenue of 893.23 million yuan, representing a year-on-year growth of 14.87%, and a net profit of 180.79 million yuan, up 24.77% from the previous year[76]. - By the end of 2021, the company's total assets reached 1.57 billion yuan, an increase of 77.13% compared to the end of the previous year, while owner’s equity grew by 104.88% to 1.10 billion yuan[77]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and potential risks in future development[5]. - The company has detailed potential risk factors in its report, which investors should pay attention to[5]. - The company recognizes risks from macroeconomic fluctuations that could impact demand for its products and plans to enhance communication with customers and improve product value[126]. - The main raw materials for the company's products are steel and castings, with significant price fluctuations impacting production costs; the company aims to optimize processes and establish long-term supplier relationships to mitigate these risks[128]. - The company maintains stable gross margins despite market fluctuations and competitive pressures[131]. Corporate Governance - The company has established a governance structure that complies with relevant laws and regulations, ensuring equal rights for all shareholders, especially minority shareholders[135]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[136]. - The company actively engages with investors through various channels to enhance information transparency and protect shareholder rights[137]. - The company has established a structured governance framework, including a shareholders' meeting, board of directors, and supervisory board, ensuring independent decision-making[141]. - The company has independent directors who are compensated at market levels, with specific amounts listed for each[161]. - The company has a structured remuneration system based on position, qualifications, and performance evaluations, which is approved by the board[159]. - The company has not reported any significant differences between its governance practices and the regulations set by the China Securities Regulatory Commission[138]. Research and Development - The company has invested in R&D to enhance core capabilities in screw compressor design and manufacturing, positioning itself as a leading provider in the compressed air system market[32]. - The company is focusing on the development of energy-efficient and environmentally friendly air compressors, aligning with national policies promoting green technology innovation[36]. - The company aims to continuously improve its product competitiveness by enhancing R&D and production processes[34]. - The company is developing several new products, including a dry oil-free twin-screw compressor aimed at expanding market applications in food, medical, and petrochemical industries[93]. - The number of R&D personnel increased by 15.46% to 112, with a higher proportion of staff holding bachelor's and master's degrees[93]. - The company has a total of 60 utility model patents and has established itself as a national-level specialized "little giant" enterprise, indicating strong R&D capabilities[72]. Environmental Responsibility - The company has implemented pollution control facilities, including a wastewater treatment plant and organic waste gas treatment facilities, which are operating normally and ensuring compliance with environmental standards[188]. - The company adheres to environmental protection laws and regulations, ensuring that all construction projects meet environmental impact assessment requirements[189]. - The company has implemented an emergency response plan for environmental incidents, enhancing coordination among departments and conducting drills to minimize losses and social harm from such events[190]. - The company has established an environmental self-monitoring plan, purchased wastewater pollutant detection equipment, and regularly engages third-party monitoring firms to ensure compliance with discharge permits[191]. - During the reporting period, the company did not face any administrative penalties related to environmental issues, indicating compliance with regulations[192]. Market Position and Strategy - The company is positioned to benefit from the growing demand for energy-efficient compressors in the context of China's carbon neutrality goals[31]. - The compressor industry in China is expected to maintain a rapid growth rate, driven by increased industrial activity and infrastructure investments[31]. - The company has established a strong market competitiveness with its permanent magnet variable frequency integrated air compressor, providing energy-saving and environmentally friendly solutions[32]. - The company is committed to expanding its market presence in sectors such as integrated circuits, new energy, and automotive, leveraging its advanced compressor technology[39]. - The company is focused on achieving a significant market share in the energy-saving equipment sector, aiming to cultivate a leading position in the domestic market by 2025[39]. Shareholder Engagement - The company actively protects shareholder rights by conducting shareholder meetings in accordance with legal requirements and ensuring timely and accurate information disclosure[194]. - The company has held multiple shareholder meetings in 2021, with 100% investor participation in the first two temporary shareholder meetings[143]. - The company has established a clear framework for managing shareholder actions post-IPO, enhancing investor confidence[200]. - The commitments are designed to stabilize the stock price and protect the interests of all shareholders during the initial trading period[200]. Employee Relations - The company has implemented a competitive compensation system and provides social insurance for employees, including pension, medical, work injury, maternity, and unemployment insurance[171]. - The company is focused on building a comprehensive talent development system, offering training in professional skills, leadership, management, and general skills[172]. - The total number of employees at the end of the reporting period was 805, with 576 in production, 28 in sales, 112 in technical roles, 10 in finance, and 79 in administration[170]. Financial Controls - The company maintains effective financial reporting internal controls without any major deficiencies identified[179]. - The internal control system has been continuously improved to adapt to changing external and internal management requirements[179]. - The company has not experienced any significant changes in the feasibility of its investment projects during the reporting period[110].

Revenue and Profit - Revenue for Q3 2021 reached ¥196,724,550.94, an increase of 4.59% year-over-year, while year-to-date revenue was ¥720,140,012.70, up 31.23% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥44,067,579.30, representing a 26.36% increase year-over-year, with year-to-date net profit at ¥146,803,498.09, up 53.47%[3] - Total operating revenue for the period reached CNY 720,140,012.70, a 31.1% increase from CNY 548,742,184.18 in the previous period[18] - Net profit for the period was CNY 146,803,498.09, representing a 53.4% increase compared to CNY 95,656,137.41 in the same period last year[19] - Basic and diluted earnings per share were both CNY 0.48, an increase from CNY 0.34 in the previous period[20] Assets and Liabilities - Total assets as of September 30, 2021, were ¥1,456,124,667.07, a 64.44% increase from the end of the previous year[3] - Total current assets as of September 30, 2021, amount to ¥1,032,130,910.49, an increase from ¥527,841,069.55 at the end of 2020[15] - Total liabilities increased to CNY 390,576,806.94, up from CNY 349,294,006.39 in the previous period[19] - The company’s total liabilities include accounts payable of ¥101,955,350.12, slightly down from ¥105,704,408.80 year-over-year[16] Shareholder Information - Shareholders' equity attributable to the parent company reached ¥1,065,547,860.13, up 98.71% from the previous year-end[3] - Total number of common shareholders at the end of the reporting period is 40,147[9] - The largest shareholder, Han Yinghuan, holds 47.65% of shares, totaling 180,546,800 shares[9] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥82,739,353.16, a decrease of 39.15% compared to the same period last year[3] - The net cash flow from operating activities for Q3 2021 was ¥82,739,353.16, a decrease of 39.1% compared to ¥135,978,406.84 in Q3 2020[23] - Total cash inflow from investment activities reached ¥1,502,387,078.99, significantly up from ¥745,356,739.19 in the same period last year[23] - Cash inflow from financing activities amounted to ¥461,672,640.00, compared to only ¥9,000,000.00 in Q3 2020[23] - The total cash and cash equivalents at the end of Q3 2021 stood at ¥330,696,226.32, up from ¥208,483,588.99 at the end of Q3 2020[24] Inventory and Accounts Receivable - The company reported a significant increase in accounts receivable, which rose by 60.89% to ¥124,108,261.22, attributed to sales growth[6] - Inventory increased by 33.50% to ¥168,543,459.79, driven by higher production and raw material stockpiling due to sales growth[6] - The company reported a significant increase in accounts receivable, rising to ¥124,108,261.22 from ¥77,137,346.83 year-over-year[15] - Inventory levels increased to ¥168,543,459.79 from ¥126,249,792.27 year-over-year[15] Other Financial Metrics - Non-operating income for Q3 2021 was reported at ¥3,738,138.44, a 532.96% increase compared to the same period last year, mainly due to increased trademark infringement compensation income[7] - Research and development expenses were CNY 29,277,563.10, compared to CNY 23,745,189.18 in the previous period, indicating a focus on innovation[19] - The company reported a total profit of CNY 167,924,693.20, an increase from CNY 109,693,850.28 in the previous period[19] - Deferred income decreased to CNY 9,620,320.10 from CNY 10,416,796.27, indicating changes in revenue recognition[19] Share Capital and Restrictions - The company issued new shares, resulting in a 33.46% increase in share capital to ¥378,912,000.00[6] - The total number of restricted shares at the end of the period is 288,806,308, with no new restrictions added during the period[13] - The company has a total of 4,894,308 shares under lock-up conditions set to be released on January 20, 2022[13] - The company plans to release restricted shares held by major shareholders on July 22, 2024[12]

2021 年半年度报告 2021-012 厦门东亚机械工业股份有限公司 XIAMEN EAST ASIA MACHINERY INDUSTRIAL CO.,LTD 2021 年 08 月 1 厦门东亚机械工业股份有限公司 2021 年半年度报告全文 厦门东亚机械工业股份有限公司 2021 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。 公司负责人韩萤焕、主管会计工作负责人岳秀丽及会计机构负责人(会计主 管人员)岳秀丽声明：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， 也不代表公司的盈利预测，能否实现取决于市场状况变化等多种因素，存在较 大不确定性，敬请投资者注意投资风险。 公司已在本报告中详细阐述了未来可能发生的有关风险因素，详见"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"，敬请投资者予以关注。 公司经本次董事会审议通过的利润分 ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 523,415,461.76, representing a 45.13% increase compared to CNY 360,646,056.31 in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2021 was CNY 102,735,918.79, a 69.03% increase from CNY 60,780,505.16 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was CNY 98,045,285.42, which is an 86.82% increase compared to CNY 52,480,229.42 in the same period last year[23]. - The basic earnings per share for the first half of 2021 was CNY 0.36, up 71.43% from CNY 0.21 in the previous year[23]. - The company's revenue for the first half of 2021 reached ¥523.42 million, a 45.13% increase compared to ¥360.65 million in the same period last year, primarily driven by sales growth in screw compressors[49]. - The gross profit margin for screw compressors improved to 35.05%, up 4.93% from the previous year, with sales amounting to ¥427.42 million[51]. - The total comprehensive income for the period was CNY 102,735,918.79, compared to CNY 60,780,505.16 in the same period last year, marking an increase of approximately 68.9%[132]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,043,997,077.02, a 17.90% increase from CNY 885,525,428.92 at the end of the previous year[23]. - The net assets attributable to shareholders at the end of the reporting period were CNY 638,967,341.32, reflecting a 19.16% increase from CNY 536,231,422.53 at the end of the previous year[23]. - The total liabilities as of June 30, 2021, were ¥405,029,735.70, compared to ¥349,294,006.39 at the end of 2020, marking an increase of 16.0%[127]. - Cash and cash equivalents at the end of the reporting period were 260,180,290.44, accounting for 24.92% of total assets, a decrease of 4.44% from the previous year[56]. - Accounts receivable increased to 164,943,703.19, representing 15.80% of total assets, attributed to sales growth[56]. - Inventory stood at 142,552,718.44, accounting for 13.65% of total assets, a decrease of 0.61% from the previous year[56]. Cash Flow - The net cash flow from operating activities was CNY 61,622,694.10, a decrease of 28.64% compared to CNY 86,355,940.17 in the same period last year[23]. - The company’s operating cash flow decreased by 28.64% to ¥61.62 million, attributed to increased procurement of raw materials to lock in lower costs[49]. - Cash inflow from operating activities totaled CNY 473,676,620.43, up from CNY 332,709,054.86, indicating a year-over-year increase of approximately 42.4%[134]. - The net cash flow from investment activities was negative at CNY -52,498,695.94, worsening from CNY -39,523,158.88 year-over-year[135]. Research and Development - Research and development expenses increased by 48.28% to ¥21.98 million, reflecting the company's commitment to innovation and product development[49]. - The company has a total of 48 utility model patents and has developed a strong core technology advantage in screw compressor design and energy efficiency[45]. - The company emphasizes a research and development model driven by market demand, collaborating with domestic and international technical institutions for new product development[35]. Market and Product Strategy - The company focuses on energy-efficient and stable air power solutions, primarily through the research, design, and production of compressor mainframes and related equipment[30]. - The company has developed a range of high-quality air compressors under the "JAGUAR" brand, including screw compressors, piston compressors, and vacuum pumps, widely used across various industrial sectors[31]. - The company has a diverse product line, including energy-efficient models like the ZLS-2iC and ZLS-Hi+ series, which cater to various industrial applications[32]. - The company employs a distribution sales model, allowing distributors to expand the market and provide timely after-sales service to users[37]. Corporate Governance and Shareholder Information - The company held two temporary shareholder meetings in January 2021, with 100% investor participation, to approve various proposals including the election of independent directors and amendments to the company's articles of association[74]. - The company did not distribute cash dividends or issue bonus shares for the half-year period, nor did it increase share capital from capital reserves[77]. - The company reported a total share count of 283,912,000, with 95.38% held by foreign investors[111]. - The largest shareholder, Han Yinghuan, holds 63.59% of the shares, amounting to 180,546,800 shares[113]. Risks and Uncertainties - The company has indicated potential risks and uncertainties that may affect future performance, which investors should be aware of[5]. - The company faces risks from raw material price fluctuations, particularly steel and castings, which may impact production costs[68]. - The company plans to optimize processes and establish long-term partnerships with suppliers to mitigate risks from raw material price volatility[69]. Compliance and Reporting - The half-year financial report was not audited[88]. - The financial statements were approved for release on August 25, 2021, by the board of directors[149]. - The company adheres to the accounting standards and has ensured that the financial reports reflect a true and complete picture of its financial status[154].