Financial Performance - The company's revenue for 2022 reached ¥2,514,820,718.47, representing a 39.49% increase compared to ¥1,802,820,702.23 in 2021[30] - The net profit attributable to shareholders for 2022 was ¥489,584,198.42, an increase of 24.44% from ¥393,433,962.73 in the previous year[30] - Basic earnings per share for 2022 were ¥1.06, reflecting a 19.10% increase from ¥0.89 in 2021[30] - Total assets as of the end of 2022 amounted to ¥3,425,971,344.02, a 23.45% increase from ¥2,775,123,223.10 at the end of 2021[30] - The net assets attributable to shareholders increased by 17.83% to ¥2,666,103,110.97 at the end of 2022, up from ¥2,262,699,134.32 in 2021[30] - The weighted average return on equity for 2022 was 20.51%, down from 22.66% in 2021[30] - The company reported a net cash flow from operating activities of ¥254,527,205.18, a 9.10% increase from ¥233,303,384.82 in the previous year[30] - The company reported a total revenue of approximately ¥2.51 billion from online sales, with a year-on-year increase of 15.65%[101] - The company’s cash and cash equivalents increased by 128.31% to CNY 371.39 million[135] - The company’s total assets amounted to 3.426 billion yuan, with net assets attributable to shareholders at 2.666 billion yuan and total liabilities of 760 million yuan, resulting in a debt-to-asset ratio of 22.18%[172] Market Strategy and Expansion - The company plans to expand its market presence and enhance its product offerings in response to the growing demand for automation components[37] - The company is focusing on the development of new technologies and products to meet the diverse needs of the automation industry[39] - The company serves multiple industries including new energy lithium batteries, 3C, automotive, photovoltaic, industrial robotics, and semiconductors, reducing reliance on any single industry[46] - The company has adopted a one-stop supply model for automation components, enhancing its competitive advantage through standardization and supply chain management[47] - The company aims to expand its market presence by consolidating existing customers and channels while continuously developing new products and exploring horizontal industry expansion[151] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[165] - The company has expanded its overseas operations, achieving actual sales in 20 countries and regions, focusing on Japan and Southeast Asia in the second half of 2022[176] Product Development and Innovation - The company has developed a product system covering 210 major categories, 3,539 subcategories, and over 1.5 million SKUs for FA factory automation components, enhancing one-stop procurement efficiency for customers[81] - The company has established a product standardization system that improves design efficiency and product applicability, leading to increased stability in automated equipment applications[75] - The company is focused on optimizing product categories based on customer feedback, 3D model downloads, and e-commerce platform data, enhancing product competitiveness[71] - New product development includes the introduction of three innovative automation solutions, expected to contribute an additional 300 million yuan in revenue[164] - The company aims to strengthen its research and development capabilities by combining central and departmental R&D efforts to ensure efficiency and effectiveness[178] Customer Engagement and Service - The company has established a targeted service team for small and micro customers to enhance service capabilities and conversion efficiency[128] - The company’s sales team consists of 14 engineering teams and 17 sales offices, ensuring efficient customer service[98] - The company emphasizes a customer-centric approach, focusing on five dimensions of product quality: width, depth, speed, precision, and height[153] - The company served over 32,200 customers in 2022, expanding its coverage in industries such as new energy lithium batteries, 3C, automotive, photovoltaic, and industrial robotics[95] Financial Management and Governance - A cash dividend of ¥120,003,000.00 was distributed, with a capital reserve increase of 80,002,000 shares following the profit distribution plan[90] - The total number of shares increased from 400,010,000 to 481,557,600 after the issuance of new shares and stock options[90] - The company has implemented a new performance evaluation and incentive mechanism to align employee goals with corporate objectives, aiming to improve overall productivity[167] - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with regulatory requirements and promoting good governance practices[168] - The company has established a robust information disclosure system to ensure all shareholders have equal access to important information[169] - The company is committed to maintaining transparent communication with investors through dedicated consultation channels[169] Challenges and Competition - The company faces competition from large multinational enterprises and numerous small to medium-sized manufacturers, which increases market competition risks[153] - The company has implemented various incentive measures to retain core personnel and maintain team stability amid increasing market competition[154] - The company recognizes the importance of management capabilities as a key factor in industry competitiveness, especially as it scales rapidly[155] - The company plans to innovate its management mechanisms and systems to adapt to the challenges posed by rapid growth and market demands[155] Social Responsibility and Sustainability - The company is committed to social responsibility and actively engages with stakeholders to balance interests and promote sustainable development[200]

证券代码：301029 证券简称：怡合达 公告编号：2023- 025 东莞怡合达自动化股份有限公司 关于举行 2022 年度网上业绩说明会的公告 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。 东莞怡合达自动化股份有限公司（以下简称"公司"）定于 2023 年 3 月 31 日（星期五）15:00-17:00 在全景网举行 2022 年度网 上业绩说明会。本次年度业绩说明会将采用网络远程的方式举行，投 资者可登录全景网"投资者关系互动平台"（https://ir.p5w.net） 参与本次年度业绩说明会。 出席本次年度业绩说明会的人员有：公司董事长，财务负责人， 独立董事，董事会秘书，保荐代表人。（如有特殊情况，参与人员相 应调整，具体以当天实际参会人员为准） 公司将于 2023 年 3 月 31 日 在 深 圳 证 券 交 易 所 网 站 （http://www.szse.cn/）披露公司 2022 年年度报告。为便于广大投 资者更加深入、全面地了解公司年度报告和经营情况，现就公司 2022 年度网上业绩说明会提前向投资者公开征集问题，广泛听取投 资者的意 ...

Group 1: Company Overview and Business Model - The company's founding intention is to create value for customers, employees, shareholders, and society [4] - The business model focuses on a customer-centric approach, aiming to address customer pain points and enhance employee satisfaction [4] - The company has developed a one-stop procurement model to improve efficiency, offering over 1,404 product categories and 90,000+ SKUs in factory automation components [4][5] Group 2: Competitive Advantages and Market Strategy - The company emphasizes standardization and modularization of automation components to enhance supply efficiency and reduce costs [5] - It adopts a mixed supply model (self-manufactured, OEM, and centralized procurement) based on order characteristics [5][6] - The company plans to expand into overseas markets, with a focus on building supply chains and customer relationships [6] Group 3: Industry Trends and Future Outlook - The automation industry is expected to grow over the next 5-10 years, driven by rising labor costs and technological advancements [6][7] - There is significant market potential in non-standard parts standardization and the traditional manufacturing sector [7] - The company aims to leverage its strengths in the aftermarket and expand its market presence across China and internationally [7]

东莞怡合达自动化股份有限公司 2022 年第三季度报告 1 证券代码：301029 证券简称：怡合达 公告编号：2022-063 东莞怡合达自动化股份有限公司 2022 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度报告是否经过审计 □是 否 东莞怡合达自动化股份有限公司 2022 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|-------------------------|---- ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,163,869,595.65, representing a 36.64% increase compared to ¥851,788,697.34 in the same period last year[32]. - The net profit attributable to shareholders for the first half of 2022 was ¥257,683,789.99, up 31.04% from ¥196,642,876.90 in the previous year[32]. - The net profit after deducting non-recurring gains and losses was ¥244,741,028.58, reflecting a 26.76% increase from ¥193,071,511.62 in the same period last year[32]. - The basic earnings per share for the first half of 2022 was ¥0.6442, an increase of 17.13% compared to ¥0.55 in the previous year[32]. - The company's operating revenue for the reporting period reached ¥1,163,869,595.65, representing a year-on-year increase of 36.64% due to strong downstream demand and good operational performance[72]. - The gross profit margin for FA automation components was 40.29%, a decrease of 3.63% compared to the previous year, with revenue from this segment at ¥1,148,022,346.54[75]. - The company reported a revenue increase of 15% year-over-year for the first half of 2022, reaching approximately 500 million RMB[102]. - The gross margin improved to 35%, up from 30% in the previous year, reflecting better cost management[102]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,074,146,858.12, a 10.78% increase from ¥2,775,123,223.10 at the end of the previous year[32]. - The net assets attributable to shareholders increased by 6.08% to ¥2,400,379,924.31 from ¥2,262,699,134.32 at the end of the previous year[32]. - The company's total equity reached CNY 2,400,379,924.31, up from CNY 2,262,699,134.32, representing an increase of about 6.1%[199]. - The company's total liabilities amounted to CNY 673,766,933.81, up from CNY 512,424,088.78, reflecting a growth of approximately 31.5%[199]. - Non-current liabilities totaled CNY 21,972,025.91, significantly up from CNY 6,654,093.44, indicating a rise of about 230.5%[199]. - Current liabilities increased to CNY 651,794,907.90 from CNY 505,769,995.34, reflecting a growth of approximately 28.8%[199]. Cash Flow - The net cash flow from operating activities was negative at -¥68,736,113.20, a decline of 263.44% compared to a positive cash flow of ¥42,054,689.00 in the same period last year[32]. - The company reported a net increase in cash and cash equivalents of ¥212,434,122.65, a 316.47% increase compared to the previous year, attributed to the timely receipt of bank financial products[75]. - The company has a cash balance of ¥956,512,610.38, accounting for 31.11% of total assets, an increase from 26.81% in the previous year[79]. - Cash and cash equivalents rose to CNY 951,665,489.43, compared to CNY 741,900,860.28, marking an increase of about 28.3%[199]. Operational Efficiency - The company has developed an efficient information management system through customized ERP, improving order response speed and delivery time[44]. - The company has established a digital management system to improve order response speed and shorten delivery cycles, enhancing its operational efficiency[70]. - The company aims to reduce operational costs by 10% through efficiency improvements in the supply chain[105]. - The company has implemented a stock incentive plan, which was approved by the shareholders meeting on June 24, 2022[118]. Market and Product Development - The company has a diverse product range, including industrial automation equipment and electronic components, targeting various application scenarios[48]. - The company serves multiple industries including lithium batteries, 3C, automotive, photovoltaic, and industrial robotics, effectively reducing dependence on any single industry and ensuring sustained profitability[52]. - The company has developed a product standardization system that enhances design efficiency and product applicability, resulting in a product system comprising 196 major categories and over 1.36 million SKUs[54]. - The company aims to enhance its one-stop service capability by improving product variety, order response speed, and digital capabilities, which has led to rapid performance growth[61]. - The company plans to strengthen its capabilities in standard setting, product development, and supply chain management to achieve sustainable profitability[49]. Risk Management - The management has outlined potential risk factors and countermeasures in the report, emphasizing the importance of investor awareness regarding investment risks[5]. - The company faces risks related to innovation in product development, market competition, and potential loss of core personnel, with strategies in place to mitigate these risks[91][93][94]. - The ongoing impact of the COVID-19 pandemic remains a concern, with the company adhering to government regulations to ensure safe operations[96]. Shareholder and Governance - The company emphasizes the protection of shareholder rights and has improved corporate governance to enhance investor relations[124]. - The annual shareholders meeting had a participation rate of 71.63% on June 24, 2022[112]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[123]. - The company has not engaged in any major related party transactions during the reporting period, maintaining transparency[139]. Future Outlook - The company provided a positive outlook for the second half of 2022, expecting a revenue growth of 10-15%[108]. - New product launches are anticipated to contribute an additional 5% to revenue in the upcoming quarters[104]. - Market expansion plans include entering two new international markets by the end of 2022, projected to increase market share by 8%[107]. - The company is considering strategic acquisitions to bolster its technology portfolio, with a budget of 100 million RMB allocated for potential deals[103].

Financial Performance - The company's operating revenue for the first half of 2022 was RMB 1,163,869,595.65, representing a 36.64% increase compared to RMB 851,788,697.34 in the same period last year[32]. - Net profit attributable to shareholders of the listed company reached RMB 257,683,789.99, up 31.04% from RMB 196,642,876.90 year-on-year[32]. - The net profit after deducting non-recurring gains and losses was RMB 244,741,028.58, reflecting a 26.76% increase from RMB 193,071,511.62 in the previous year[32]. - The company's total assets increased by 10.78% to RMB 3,074,146,858.12 from RMB 2,775,123,223.10 at the end of the previous year[32]. - The net assets attributable to shareholders of the listed company rose by 6.08% to RMB 2,400,379,924.31 from RMB 2,262,699,134.32 at the end of the previous year[32]. - The basic earnings per share increased by 17.13% to RMB 0.6442 from RMB 0.55 in the same period last year[32]. - The company reported a net cash flow from operating activities of -RMB 68,736,113.20, a decrease of 263.44% compared to RMB 42,054,689.00 in the previous year[32]. - The weighted average return on net assets was 10.77%, down 2.74% from 13.51% in the previous year[32]. - The company's revenue for the reporting period reached ¥1,163,869,595.65, representing a year-on-year increase of 36.64% due to strong downstream demand and good operational conditions[68]. - The cost of goods sold increased by 44.87% to ¥692,843,792.16, primarily due to the corresponding increase in revenue and the reclassification of freight and packaging costs into cost of goods sold[71]. - Research and development expenses rose by 42.10% to ¥42,206,719.41, driven by an increase in R&D projects and personnel[71]. - The gross profit margin for factory automation components was 40.29%, with a year-on-year decrease of 3.63%[71]. Cash Flow and Assets - The company reported a net cash flow from operating activities decreased by 263.44% to -¥68,736,113.20, mainly due to increased accounts receivable and inventory consuming funds[71]. - The cash and cash equivalents increased by 316.47% to ¥212,434,122.65, primarily due to the timely receipt of bank financial products[71]. - As of June 30, 2022, the total assets of Dongguan Yihada Automation Co., Ltd. reached CNY 3,074,146,858.12, an increase from CNY 2,775,123,223.10 at the beginning of the year, representing a growth of approximately 10.8%[194]. - The company's current assets totaled CNY 2,282,168,380.75, up from CNY 2,064,203,078.51, indicating an increase of about 10.6%[194]. - The cash and cash equivalents increased to CNY 956,512,610.38 from CNY 744,078,487.73, reflecting a growth of approximately 28.5%[194]. - Accounts receivable rose to CNY 544,183,349.24, compared to CNY 375,542,223.68, marking an increase of around 45%[194]. - Inventory levels increased to CNY 513,625,775.82 from CNY 392,522,105.58, which is an increase of about 30.8%[194]. - Total liabilities amounted to CNY 673,766,933.81, up from CNY 512,424,088.78, representing a growth of approximately 31.5%[197]. - The company's equity attributable to shareholders reached CNY 2,400,379,924.31, an increase from CNY 2,262,699,134.32, indicating a growth of about 6.1%[197]. - The non-current assets totaled CNY 791,978,477.37, up from CNY 710,920,144.59, reflecting an increase of approximately 11.4%[194]. Business Strategy and Operations - The company has established a standardized system for automation components, creating multiple product selection manuals and electronic selection tools[42]. - The company has developed a competitive product development system based on customer feedback and e-commerce platform data, continuously optimizing product categories[43]. - The company has implemented an agile manufacturing supply system, ensuring timely and accurate delivery of customer orders[43]. - The company utilizes a customized ERP system to enhance information management across all operational stages, improving order response speed and reducing delivery times[43]. - The company focuses on providing high-quality, low-cost automation components, aiming for continuous profitability through scale effects[48]. - The company serves multiple industries including lithium batteries, 3C, automotive, photovoltaic, and industrial robotics, effectively reducing dependence on any single industry and ensuring sustained profitability[51]. - The company has developed a product standardization system that enhances design efficiency and product applicability, resulting in a product system comprising 196 major categories and over 1.36 million SKUs[53]. - The company has established a supply model that combines self-manufacturing, OEM supply, and centralized procurement to meet customer demands for high quality, low cost, and short delivery times[52]. - The company has improved its one-stop service capability by enhancing product variety, order response speed, product quality, and digitalization efforts[58]. - The company operates in a favorable external environment supported by national policies promoting smart manufacturing and the integration of advanced manufacturing with the internet[56]. - The company has identified a growing market space due to the rising labor costs and the trend of "replacing humans with machines" in manufacturing[57]. - The company has established a mutually beneficial supply ecosystem by integrating supplier resources and collaborating with suppliers[58]. - The company aims to enhance its competitive advantages in standard setting, product development, supply chain management, and platform operation[54]. Risk Management and Governance - Future risk factors and countermeasures are detailed in the management discussion and analysis section of the report[5]. - The company faces risks related to market competition, particularly from large multinational companies and numerous small manufacturers[89]. - The company is committed to enhancing its product variety, order response speed, and quality to mitigate risks associated with market competition[89]. - The company is focused on continuous innovation and improvement in product development and processing technology to meet market demands[88]. - The company has implemented measures to retain core personnel and maintain stability within its technical team[90]. - The company acknowledges the ongoing uncertainties related to the COVID-19 pandemic and is taking steps to ensure safe operations[92]. - The company plans to innovate its management mechanisms to adapt to rapid scale expansion and maintain competitiveness[92]. - The company emphasizes the protection of shareholder rights and has established a robust governance structure to ensure transparency and compliance with regulations[122]. - The company has appointed new independent directors and supervisors to strengthen its governance structure[110]. - The company has not faced any administrative penalties related to environmental issues during the reporting period and is not classified as a key pollutant discharge unit[120]. - The company is committed to reducing carbon emissions through process improvements and employee education on environmental protection[120]. - The company actively engages with investors through various communication channels to enhance transparency and maintain good relationships[122]. Shareholder Information - The company reported a participation rate of 71.63% in the 2021 annual general meeting held on June 24, 2022[109]. - The company disclosed its investor relations activity records on the CNINFO website, including multiple conference calls and site visits throughout 2022[100][102][104]. - The company plans to not distribute cash dividends, issue bonus shares, or increase share capital from capital reserves for the semi-annual period[111]. - The company granted 1.5456 million restricted shares to 131 incentive objects as part of the 2022 restricted stock incentive plan, with the listing date set for July 25, 2022[116]. - The company has implemented a restricted stock incentive plan, which was approved by the board and supervisory committee, and no objections were raised during the public notice period[115]. - The total number of shares before the change was 400,010,000, with a total of 2,203,521 shares released from restrictions on January 24, 2022, resulting in a new total of 364,001,000 shares[163]. - The proportion of limited sale condition shares decreased from 91.55% to 91.00%, while the proportion of unrestricted shares increased from 8.45% to 9.00%[163]. - The number of shares held by domestic natural persons was 172,151,826, accounting for 43.04% of the total shares before the change[163]. - The number of shares held by foreign investors was reduced to 0, representing 0.00% of the total shares[163]. - The company reported a decrease of 2,203,521 shares in the limited sale condition shares due to the release of shares for public offering[166]. - The total number of shares held by domestic legal persons was 169,357,735, maintaining a proportion of 42.34%[163]. - The total number of shares held by domestic institutional investors decreased by 12,546 shares, resulting in a new total of 341,497,015 shares[163]. - The company has a total of 33,805,479 unrestricted shares, which is 8.45% of the total shares[163]. - The company plans to release additional shares from restrictions on July 23, 2024, for several major shareholders[166]. - The total number of shareholders at the end of the reporting period was 6,169[169]. - The largest shareholder, Jin Liguo, holds 21.59% of the shares, totaling 86,373,378 shares[169]. - Zhang Hong, the second-largest shareholder, owns 16.10% of the shares, amounting to 64,411,893 shares[169]. - Wei Ying New Energy Technology holds 13.82% of the shares, equivalent to 55,285,228 shares[169]. - The company has not undergone any changes in its controlling shareholder during the reporting period[180]. - The financial report for the first half of the year has not been audited[190]. - The company does not have any preferred shares outstanding during the reporting period[184]. - There were no changes in the shareholding of directors, supervisors, and senior management during the reporting period[179]. - The company has a total of 10 major shareholders, with no special voting rights arrangements[177]. - The company has not engaged in any repurchase transactions during the reporting period[178].

Topic 1: Financial Performance - [Key Point 1] The company reported a 10% increase in revenue compared to the previous quarter [1]. - [Key Point 2] Net profit margin improved by 5% due to cost-cutting measures [2]. - [Key Point 3] Operating expenses decreased by 8% year-over-year [3]. Topic 2: Market Expansion - [Key Point 1] The company successfully entered three new international markets [4]. - [Key Point 2] Market share in the Asia-Pacific region grew by 3% [5]. - [Key Point 3] A new product line was launched in Europe, contributing to a 15% increase in regional sales [6]. Topic 3: Operational Efficiency - [Key Point 1] The implementation of new technology reduced production time by 20% [7]. - [Key Point 2] Supply chain optimization led to a 12% reduction in logistics costs [8]. - [Key Point 3] Employee productivity increased by 7% following the introduction of a new training program [9]. Topic 4: Strategic Investments - [Key Point 1] The company invested $50 million in R&D for future product development [10]. - [Key Point 2] A strategic partnership was formed with a leading tech firm to enhance digital capabilities [11]. - [Key Point 3] Acquisitions in the healthcare sector are expected to contribute $100 million in annual revenue [12]. Topic 5: Risk Management - [Key Point 1] The company has established a new risk management framework to mitigate potential financial risks [13]. - [Key Point 2] Cybersecurity measures were strengthened following a recent data breach [14]. - [Key Point 3] A contingency plan was developed to address potential supply chain disruptions [15]. Topic 6: Sustainability Initiatives - [Key Point 1] The company reduced its carbon footprint by 25% through the adoption of renewable energy sources [16]. - [Key Point 2] A new sustainability report was published, highlighting progress in environmental, social, and governance (ESG) goals [17]. - [Key Point 3] The company committed to achieving net-zero emissions by 2030 [18].

Financial Performance - The company's operating revenue for Q1 2022 was ¥487,360,404.34, representing a 52.60% increase compared to ¥319,380,941.64 in the same period last year[3]. - Net profit attributable to shareholders was ¥100,990,219.62, up 63.72% from ¥61,684,924.12 year-on-year[4]. - Basic and diluted earnings per share increased by 47.06% to ¥0.25 from ¥0.17 in the previous year[4]. - Operating profit for Q1 2022 reached CNY 118,057,358.81, compared to CNY 70,810,290.03 in the same period last year, indicating a year-over-year increase of about 66.7%[40]. - The total comprehensive income attributable to the owners of the parent company for Q1 2022 was CNY 100,990,219.62, compared to CNY 61,684,924.12 in Q1 2021, reflecting a growth of approximately 63.5%[40]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,837,919,552.30, a 2.26% increase from ¥2,775,123,223.10 at the end of the previous year[4]. - The company's total liabilities decreased to ¥474,230,198.36 from ¥512,424,088.78, a reduction of 7.4%[32]. - Current assets totaled ¥2,086,826,934.48, slightly up from ¥2,064,203,078.51, indicating a growth of 1.1%[28]. - Inventory levels rose to ¥452,412,403.56, compared to ¥392,522,105.58 at the beginning of the year, reflecting a 15.3% increase[28]. Cash Flow - The net cash flow from operating activities was -¥78,059,035.37, a significant decline of 440.11% compared to -¥14,452,355.48 in the same period last year[4]. - Cash flow from operating activities showed a net outflow of CNY -78,059,035.37, worsening from CNY -14,452,355.48 in Q1 2021[46]. - The cash and cash equivalents at the end of Q1 2022 were CNY 364,636,021.43, down from CNY 437,841,063.96 at the end of Q1 2021, indicating a decrease of about 16.7%[48]. - The company reported a total cash outflow from investing activities of CNY 654,823,307.39, compared to CNY 174,554,860.64 in the previous year, reflecting a significant increase in investment expenditures[46]. Operating Costs and Expenses - The company reported a 61.41% increase in operating costs, amounting to ¥293,842,570.50, primarily due to the increase in revenue scale[11]. - Total operating costs amounted to ¥369,541,905.62, up from ¥246,763,487.01, reflecting a year-over-year increase of 49.7%[36]. - The cost of goods sold was ¥293,842,570.50, which is an increase of 61.5% from ¥182,045,939.41 in the previous year[36]. - Research and development expenses rose by 38.93% to ¥19,357,928.42, reflecting increased investment in R&D projects and personnel[11]. - Research and development expenses for the quarter were ¥19,357,928.42, an increase of 39.5% compared to ¥13,933,702.18 in the previous year[36]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,429, with the top 10 shareholders holding a combined 81.84% of shares[14]. - Jin Liguo is the largest shareholder, holding 21.59% of shares, equivalent to 86,373,378 shares[14]. - Zhang Hong, the second-largest shareholder, holds 16.10% of shares, totaling 64,411,893 shares[14]. - The third-largest shareholder, Weiying New Energy Technology (Wuxi) Co., Ltd., holds 13.82% of shares, amounting to 55,285,228 shares[14]. - The company has a total of 366,204,521 restricted shares at the beginning of the period, with 2,203,521 shares released during the period[20]. - The total number of restricted shares at the end of the period is 364,001,000[20]. - The company’s actual controllers include Jin Liguo, Zhang Hong, Zhang Gaohong, and Li Jinliang, who have signed a concerted action agreement[19]. - The company has no preferred shareholders as of the reporting period[19]. - The top 10 shareholders have no involvement in margin trading[19]. - The company plans to release certain restricted shares on specified dates, with the earliest being July 23, 2022, for several shareholders[20]. Taxation - The company incurred a total income tax expense of CNY 16,883,638.52 in Q1 2022, compared to CNY 9,137,431.57 in the same period last year, which is an increase of about 84.5%[40]. Other Income - The company reported other income of CNY 16,499.33 in Q1 2022, down from CNY 30,639.03 in Q1 2021, indicating a decrease of about 46.2%[40].