证券简称：远信工业 证券代码：301053 远信工业股份有限公司 YOANTION INDUSTRIAL INC.,LTD. （注册地址：新昌县澄潭工业区） 创业板向不特定对象发行可转换公司债券 募集说明书 （修订稿） 保荐人（主承销商） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 二〇二三年八月 远信工业股份有限公司 募集说明书 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对申请文件及 所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、投 资价值或者对投资者的收益作出实质性判断或保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由发行人自 行负责。投资者自主判断发行人的投资价值，自主作出投资决策，自行承担证券依法发 行后因发行人经营与收益变化或者证券价格变动引致的投资风险。 1-1-1 远信工业股份有限公司 募集说明书 重大事项提示 公司特别提醒投资者注意下列重大事项或风险因素，并认真阅读本募集说明书相关 章节。 一、关于本次可转债发行符合发行条件的说明 根据《证券法》、《上市公司证券发行 ...

远信工业股份有限公司 中信证券股份有限公司 关于 创业板向不特定对象发行可转换公司债券 之 上市保荐书 保荐人（主承销商） 广东省深圳市福田区中心三路 8 号卓越时代广场（二期）北座 二〇二三年八月 远信工业股份有限公司 上市保荐书 | 声 | 明 1 | | --- | --- | | 释 | 义 3 | | 第一节 | 本次证券发行基本情况 4 | | | 一、发行人基本情况 4 | | | 二、本次证券发行基本情况 18 | | | 三、项目保荐代表人、协办人及项目组其他成员情况 18 | | | 四、保荐机构与发行人存在的关联关系 19 | | 第二节 | 保荐机构承诺事项 21 | | 第三节 | 保荐机构对发行人符合板块定位及国家产业政策的判断 22 | | 第四节 | 保荐机构对本次证券发行上市的保荐结论 23 | | | 一、本次证券发行决策程序 23 | | | 二、本次发行符合相关法律规定 23 | | 第五节 | 保荐机构对发行人持续督导期间的工作安排 37 | | 第六节 | 保荐机构和相关保荐代表人的联系方式 38 | | 第七节 | 保荐机构认为应当说明的其他事项 39 | | 第 ...

关于 北京德恒律师事务所 远信工业股份有限公司 向不特定对象发行可转换公司债券的 补充法律意见 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话:010-52682888 传真:010-52682999 邮编:100033 北京德恒律师事务所 关于远信工业股份有限公司 向不特定对象发行可转换公司债券的补充法律意见 北京德恒律师事务所 关于 远信工业股份有限公司 向不特定对象发行可转换公司债券的 北京德恒律师事务所 关于远信工业股份有限公司 向不特定对象发行可转换公司债券的补充法律意见 本补充法律意见是对《法律意见》《律师工作报告》的补充，并构成其不可分割的 一部分。《法律意见》《律师工作报告》的内容继续有效，其中如与本补充法律意见不一 致之处，以本补充法律意见为准。 补充法律意见 德恒12F20230217-5号 致：远信工业股份有限公司 根据远信工业股份有限公司与北京德恒律师事务所签订的《专项法律顾问合同》的 约定及受本所指派，本所律师作为发行人本次向不特定对象发行可转换公司债券发行工 作的专项法律顾问，依照《公司法》《证券法》《管理办法》《业务管理办法》《执业规则》 《编报规则》等有关法律、法 ...

编号：2023-001 | 投资者关系活动 | □特定对象调研 □ 分析师会议 | | --- | --- | | 类别 | 媒体采访 业绩说明会 □ √ | | | 路演活动 □ 新闻发布会 □ | | | □ 现场参观 | | | □ 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 投资者网上提问 | | 人员姓名 | | | 时间 | 2023 年 5 月 12 日 (周五) 下午 15:00~17:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） | | | 采用网络远程的方式召开业绩说明会 | | 上市公司接待人 | 1、远信工业 董事长、总经理陈少军 | | 员姓名 | 2、远信工业 副总经理、董事会秘书俞小康 | | | 3、远信工业 财务总监蔡芳琦 | | | 4、远信工业 独立董事胡旭微 | | | 5、保荐代表人杨帆 投资者提出的问题及公司回复情况 | | | 1、"低耗能蒸汽定形机"进度如何？预计何时推广应用？ | | | 公司就投资者在本次说明会中提出的问题进行了回复： | | | 尊敬的投资者您好，公司根据计划及项目进 ...

远信工业股份有限公司 2023 年第一季度报告 证券代码：301053 证券简称：远信工业 公告编号：2023-031 远信工业股份有限公司 2023 年第一季度报告 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.第一季度报告是否经过审计 □是 否 1 远信工业股份有限公司 2023 年第一季度报告 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 □是 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | | | | （%） | | 营业收入（元） | 104,954,880.55 | 116,131,827.83 | -9.62% | | 归属于上市公司股东的净利 | ...

Financial Performance - The company's operating revenue for 2022 was ¥564,152,044.92, a decrease of 2.30% compared to ¥577,454,609.38 in 2021[19]. - The net profit attributable to shareholders for 2022 was ¥74,235,864.92, down 12.93% from ¥85,262,276.58 in 2021[19]. - The net cash flow from operating activities was negative at -¥3,536,472.02, a decline of 332.22% compared to ¥1,522,893.03 in 2021[19]. - The basic earnings per share decreased by 27.20% to ¥0.91 in 2022 from ¥1.25 in 2021[19]. - The total assets at the end of 2022 were ¥906,573,996.68, a decrease of 7.78% from ¥983,074,263.68 at the end of 2021[19]. - The net assets attributable to shareholders increased by 9.45% to ¥577,252,127.24 at the end of 2022 from ¥527,433,112.37 at the end of 2021[19]. - Total revenue for 2022 was CNY 564,152,044.92, a decrease of 2.30% compared to CNY 577,454,609.38 in 2021[55]. - Revenue from the main product, the shaping machine, was CNY 524,793,435.10, representing 93.02% of total revenue, with a year-on-year decline of 6.46%[55]. - The company reported a total investment of ¥28,337,939.05 during the reporting period, a decrease of 20.83% compared to ¥35,793,933.81 in the same period last year[79]. - The company reported a total revenue of 633 million in the fiscal year 2022[83]. Research and Development - The company has accumulated 120 patents, including 9 invention patents, and has obtained 25 software copyrights, indicating strong R&D capabilities and technological leadership in the industry[47][49]. - The company is focusing on energy-saving and environmentally friendly technologies in the development of its products, particularly in the control of drying processes[34]. - The company focuses on the research, production, and sales of energy-saving and environmentally friendly fabric shaping machines, with a core product line that includes fabric shaping machines, automatic sewing machines, and dust and oil heat recovery equipment[36]. - The company is developing a series of advanced products, including a high-efficiency thermal shaping machine and an IoT-based workshop control system, aimed at enhancing market competitiveness[68]. - The company plans to enhance its technological capabilities through strategic partnerships and collaborations[83]. - The company is investing 50 million CNY in R&D for new technologies aimed at improving production efficiency by 25%[125]. - The company has a commitment to innovation, as evidenced by Chen Shaojun being recognized as a leading figure in the textile industry in 2019[118]. Market Position and Strategy - The company has a strong market presence, serving well-known clients such as Shenzhou International and Yingfeng Co., with its products recognized as "Zhejiang Province Famous Products"[50]. - The company aims to achieve international advanced levels in several R&D projects, including a dual-layer shaping machine and energy-efficient digital printing technology[68]. - The company is focused on expanding its service offerings in the textile machinery sector[83]. - The company aims to expand its domestic market share while actively exploring overseas markets, focusing on becoming an international production service enterprise centered on the research, production, and sales of shaping machines[96]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of the next fiscal year[176]. - The company completed an acquisition of a local competitor for 300 million CNY, expected to enhance market share by 15%[125]. Corporate Governance - The company maintains complete independence in assets, operations, personnel, institutions, and finances from its controlling shareholders and related parties[111]. - The company has established independent management, business, marketing, and customer service systems, ensuring no competition or unfair transactions with controlling shareholders[107]. - The company has a dedicated financial department with a complete accounting system and independent bank accounts, ensuring financial autonomy[110]. - The company has a focus on expanding its market presence and enhancing its product offerings in the textile machinery sector[118]. - The company’s governance structure includes a mix of experienced industry professionals and independent directors to ensure effective oversight and strategic direction[116]. Risk Management - The company faces risks from macroeconomic fluctuations that could impact demand in the downstream textile industry, potentially affecting its operational performance[98]. - The company is exposed to risks from rising raw material prices, particularly steel, which could lead to a decline in gross margins if not managed effectively[100]. - The company has identified risks related to customer acquisition, as its revenue is heavily reliant on the sales of shaping machines, which have a long lifespan and lower continuous demand[99]. - The company acknowledges the risk of intensified market competition, particularly from low-end machine manufacturers, which could impact its market share[98]. Shareholder Returns and Dividends - The company reported a cash dividend of 1.00 RMB per 10 shares, totaling 81,752,500 shares, with no bonus shares issued[4]. - The cash dividend amount for the current year was 8,175,250.00 CNY, representing 2.95% of the total distributable profit of 277,347,813.13 CNY[142]. - The proposed profit distribution plan for 2022 is to distribute a cash dividend of ¥1 per 10 shares, totaling an estimated distribution of ¥8,175,250.00 (including tax)[144]. - The company has established a profit distribution policy to protect shareholder interests[181]. Employee and Management - The total number of employees at the end of the reporting period was 432, including 341 from the parent company and 92 from major subsidiaries[137]. - The professional composition of employees includes 274 production personnel, 25 sales personnel, 57 technical personnel, 11 financial personnel, and 65 administrative personnel[138]. - The company has a commitment to employee welfare by providing supplementary medical insurance and various benefits for life events and holidays[155]. - The company actively engages in training and technical exchanges with key textile universities to foster innovation and development among its R&D personnel[140]. Compliance and Transparency - The company has maintained a continuous audit service with the current accounting firm for 5 years, with an audit fee of CNY 700,000[199]. - The company has not issued any non-standard audit reports during the reporting period[195]. - The company ensured transparent communication with investors through multiple channels, including investor hotlines and online platforms, to protect shareholder rights[154]. - The company has committed to publicly disclose any failure to fulfill commitments and apologize to shareholders and the public[182]. Future Outlook - The company provided guidance for the next fiscal year, projecting revenue growth of 10% to $1.32 billion[176]. - The company plans to implement measures to stabilize its stock price if the closing price falls below the audited net asset value per share for 20 consecutive trading days[178]. - The company aims to enhance shareholder returns in the coming years while reducing the risk of immediate return dilution from issuance[188].

证券代码：301053 证券简称：远信工业 公告编号：2023-029 远信工业股份有限公司 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内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 远信工业股份有限公司（以下简称"公司"）《2022 年年度报告》及其摘要 已于 2023 年 4 月 24 日在中国证监会指定创业板信息披露网站巨潮资讯网 （www.cninfo.com.cn）披露。为了让广大投资者进一步了解公司的财务状况、经 营情况等内容，公司定于 2023 年 5 月 12 日（周五）下午 15:00 在全景网举办 2022 年度业绩说明会，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•路演天下"（http://ir.p5w.net）参与本次年度业绩说明会。 参加本次年度报告业绩说明会的人员情况如下：公司董事长陈少军先生、独 立董事胡旭微女士、董事会秘书俞小康先生、财务总监蔡芳琦女士，保荐代表人 杨帆先生等，具体以当天实际参会人员为准。 为进一步做好中小投资者保护工作，增进投资者对公司的了解和认同，提高 沟通交流的有效性，现就公司 20 ...

Financial Performance - Revenue for Q3 2022 reached ¥146,070,629.90, an increase of 7.94% compared to the same period last year[5] - Net profit attributable to shareholders was ¥18,466,058.85, up 7.73% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥17,422,522.69, representing a significant increase of 19.25%[5] - Total operating revenue for the period reached CNY 463,110,021.73, an increase of 6.3% compared to CNY 433,485,534.93 in the previous period[27] - The company's net profit margin improved, with net profit increasing to CNY 65,069,886.17 from CNY 53,324,390.04, an increase of 22.0%[27] - The net profit for Q3 2022 was approximately 68.15 million, an increase of 13.7% compared to 59.90 million in Q3 2021[28] - The total revenue for Q3 2022 was 78.27 million, up from 68.67 million in the same period last year, reflecting a growth of 12.3%[28] - Operating profit for Q3 2022 reached 78.52 million, compared to 68.40 million in Q3 2021, marking an increase of 14.3%[28] - The company reported a total comprehensive income of approximately 68.13 million for Q3 2022, compared to 60.63 million in Q3 2021, representing an increase of 12.3%[29] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of ¥51,794,486.27, a decrease of 572.92% compared to the previous year[12] - The company's cash and cash equivalents decreased to CNY 192,121,289.90 from CNY 297,015,182.39, a decline of 35.3%[24] - Cash and cash equivalents at the end of Q3 2022 totaled approximately 155.40 million, down from 269.97 million at the end of Q3 2021, a decrease of 42.3%[30] - The cash outflow from investing activities was approximately 24.98 million, compared to an outflow of 22.62 million in Q3 2021, indicating an increase in investment expenditures[30] - The cash outflow from financing activities was approximately 19.98 million, a significant decrease from an inflow of 175.10 million in the previous year, reflecting changes in financing strategy[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥827,594,809.98, down 15.82% from the end of the previous year[5] - Total assets decreased to CNY 827,594,809.98 from CNY 983,074,263.68, a decline of 15.8%[26] - Total liabilities decreased to CNY 254,660,727.54 from CNY 453,948,622.77, a reduction of 43.9%[26] Shareholder Information - The company raised a total of RMB 242,622,800.00 by issuing 20,440,000 shares of common stock, with a net amount of RMB 183,481,969.30 after deducting fees[21] - The first batch of shares held by major shareholders, including Chen Xuejun and others, is subject to lock-up agreements, with specific release dates set for September 1, 2024[17] - The total number of restricted shares at the end of the reporting period was 58,487,627 shares, with 7,261,173 shares released during the period[18] - The company has a total of 63,327,300 restricted shares at the beginning of the reporting period[18] - Major shareholders include individuals such as Lu Jiaqi and Feng Weiming, holding 1,125,500 and 714,940 shares respectively[18] - The company has a significant number of shares held by related parties, with a total of 100% ownership in Xinchang Yuanwei Technology Co., Ltd.[17] Operational Metrics - Accounts receivable increased by 54.48% to ¥153,122,289.91, primarily due to reduced cash collections during the reporting period[8] - Inventory decreased by 41.83% to ¥153,281,695.43, attributed to a reduction in goods dispatched during the period[8] - The company reported a basic earnings per share of ¥0.23, down 8.00% year-on-year[5] - The weighted average return on equity was 3.28%, a decrease of 1.31% compared to the previous year[5] - Research and development expenses rose to CNY 20,775,166.07 from CNY 19,488,375.54, an increase of 6.6%[27] Future Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[27]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥317.04 million, representing a 6.33% increase compared to ¥298.16 million in the same period last year[21]. - The net profit attributable to shareholders was approximately ¥48.11 million, which is a 7.84% increase from ¥44.61 million in the previous year[21]. - Basic earnings per share decreased by 19.18% to ¥0.59 from ¥0.73 in the previous year[21]. - The total assets at the end of the reporting period were approximately ¥837.76 million, a decrease of 14.78% from ¥983.07 million at the end of the previous year[21]. - The net assets attributable to shareholders increased by 4.33% to approximately ¥550.25 million from ¥527.43 million at the end of the previous year[21]. - The weighted average return on equity decreased to 8.72% from 15.86% in the previous year, reflecting a decline of 7.14%[21]. - The gross profit margin for the main product, the stretching shaping machine, was 26.51%, with a year-on-year decrease of 1.29%[36]. - The company's net profit for the first half of 2022 was CNY 49,293,769.21, compared to CNY 44,347,917.16 in the same period last year, marking an increase of 11.06%[138]. - The total profit for the first half of 2022 was CNY 57,054,050.70, an increase from CNY 50,857,096.41 in the same period of 2021, representing a growth of 4.69%[138]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at approximately -¥44.34 million, a significant decrease of 1,630.95% compared to ¥2.90 million in the same period last year[21]. - Cash and cash equivalents decreased to ¥198.34 million, accounting for 23.68% of total assets, down from 30.21% last year, a decrease of 6.53%[39]. - The net cash flow from operating activities for the first half of 2022 was -44,337,599.55 yuan, a significant decline compared to a positive net cash flow of 2,896,076.22 yuan in the same period of 2021[143]. - Total cash inflow from operating activities decreased to 161,314,012.85 yuan in 2022, down from 190,966,799.15 yuan in 2021, representing a decline of approximately 15.5%[143]. - The total cash and cash equivalents at the end of the first half of 2022 were 162,265,452.39 yuan, compared to 76,175,057.62 yuan at the end of the first half of 2021, showing an increase of approximately 113%[145]. Investment and R&D - Research and development expenses increased by 10.29% to CNY 13,967,340.36 from CNY 12,663,917.51 in the previous year[35]. - The company maintains a commitment to R&D, introducing new products like double-layer shaping machines to meet evolving customer demands[61]. - The company has allocated 5.6 million for research and development, emphasizing its commitment to innovation[154]. Market Position and Strategy - The company is positioned in the mid-to-high-end market, facing competition primarily from Lixinmen Fuji, and aims to enhance its market share through improved product quality and after-sales service[59]. - Future outlook and strategies will be discussed in the management's analysis section, focusing on risk management and potential growth opportunities[4]. - The company has initiated new product development strategies aimed at expanding market share in the upcoming quarters[150]. - Market expansion efforts are being prioritized in regions with high growth potential, particularly in Asia[150]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The total equity attributable to the parent company increased from CNY 527,433,112.37 at the beginning of 2022 to CNY 550,247,771.62 by June 30, 2022, reflecting a growth of about 4.3%[131]. - The largest shareholder, Xinchang Yuanwei Technology Co., Ltd., holds 45,316,225 shares, representing 55.43% of the total shares[115]. - The company plans to lift restrictions on certain shares on September 1, 2022, for several shareholders[112]. Risks and Challenges - The company has faced significant challenges in cash flow management, as indicated by the drastic drop in operating cash flow[21]. - The company faces risks from macroeconomic fluctuations that may impact downstream demand, with a focus on adjusting operational strategies in response to economic cycles[58]. - The company is exposed to risks from raw material price fluctuations, particularly in steel, which significantly impacts production costs[60]. - The company faces risks related to R&D failures due to high investment and technical challenges in developing the shaping machine, which could lead to unrecoverable costs if key technologies do not meet expectations[63]. Corporate Governance and Compliance - There were no significant environmental violations or penalties reported during the period, and the company is not classified as a key pollutant discharge unit[73]. - The company has maintained a good integrity status, with no significant legal judgments or debts that remain unpaid during the reporting period[87]. - The company did not engage in any significant related party transactions during the reporting period[88]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[119]. Financial Reporting and Accounting - The company's financial report for the first half of 2022 was not audited[127]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial reports are true and complete[165]. - The company consolidates financial statements for the entire corporate group as a single accounting entity, reflecting overall financial status, operating results, and cash flows[172].

Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 20% in 2021[12]. - The company's operating revenue for 2021 was CNY 577,454,609.38, representing a 40.63% increase compared to CNY 410,610,177.06 in 2020[18]. - The net profit attributable to shareholders for 2021 was CNY 85,262,276.58, a 31.77% increase from CNY 64,706,764.95 in 2020[18]. - The total assets at the end of 2021 were CNY 983,074,263.68, up 56.67% from CNY 627,487,556.52 at the end of 2020[18]. - The net assets attributable to shareholders at the end of 2021 were CNY 527,433,112.37, an increase of 103.62% from CNY 259,027,221.66 at the end of 2020[18]. - The basic earnings per share for 2021 was CNY 1.25, reflecting a 17.92% increase from CNY 1.06 in 2020[18]. - The total revenue for the year 2022 was 8,964,252 million, indicating a significant performance[104]. Dividend Distribution - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares to all shareholders, based on a total of 81,752,500 shares[5]. - The proposed cash dividend for the year is 3.00 RMB per 10 shares, totaling 24,525,750.00 RMB[131]. - The cash dividend represents 100% of the total distributable profits for the year[129]. - The cash dividend distribution plan was approved by the board and complies with the company's articles of association[128]. Market Position and Strategy - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development[12]. - The company aims to enhance energy efficiency in stenter machines, currently utilizing only 30% of input energy effectively, with plans to improve this through advanced heat recovery and energy optimization technologies[36]. - The company is positioned in the high-end equipment manufacturing sector, focusing on energy-saving and environmentally friendly textile machinery[27]. - The company aims to expand its domestic market share while actively exploring overseas markets, with a focus on becoming an international production service enterprise centered on the research, production, and sales of shaping machines[84]. Research and Development - The company has developed the "Y2088 series hot air stenter machine," recognized as a provincial industrial new product, and has received multiple accolades for its innovative products, including the "2021 Zhejiang Province first set of equipment" award for the "Y9000 dual-layer high-efficiency energy-saving digital stenter machine"[31][38]. - The company holds 141 patents, including 9 invention patents, and has been recognized as a national high-tech enterprise, indicating strong research and development capabilities[34][38]. - The company is committed to continuous R&D investment and has launched new products like the double-layer shaping machine to meet evolving customer needs[90]. - The company emphasizes the importance of innovation and customer feedback in guiding its R&D efforts to remain competitive in a technology-intensive industry[91]. Governance and Compliance - The company has established a governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and management team, ensuring compliance with relevant laws and regulations[95]. - The company maintains complete control over its assets, with no guarantees provided to shareholders or related parties, ensuring no asset or fund occupation by the controlling shareholder[96]. - The company has not reported any major changes in the fair value measurement of financial assets and liabilities[73]. - The company has not identified any risks during the supervisory activities of the supervisory board[122]. Share Structure and Ownership - The total number of shares increased from 61,312,500 to 81,752,500 after the issuance of 20,440,000 new shares[190]. - The largest shareholder, New Changxing Yuanwei Technology Co., Ltd., holds 55.43% of the shares, totaling 45,316,200 shares[191]. - The company has a total of 14,521 shareholders as of the end of the reporting period[191]. - The company has a total of 17,479,347 unrestricted shares, accounting for 21.38% of the total shares[1]. Risk Management - The company has identified major risks in its operations and outlined corresponding mitigation strategies in its future outlook section[5]. - The company faces risks from macroeconomic fluctuations that could impact downstream textile industry demand, which is crucial for its business[85]. - The company has identified risks related to raw material price fluctuations, particularly in steel, which could affect its gross margin if not managed effectively[89]. Employee and Management - The total number of employees at the end of the reporting period is 444, with 360 in the parent company and 84 in major subsidiaries[123]. - The company emphasizes the training of R&D talents and collaborates with key textile universities for technical exchanges and training[126]. - The company has established a performance evaluation system for technical personnel, linking their performance to salary adjustments and bonuses[125]. Transparency and Communication - The company is committed to maintaining transparency and has made its annual report available on multiple media platforms[15]. - The company ensured transparent communication with investors through multiple channels, maintaining the quality of information disclosure[141]. - The company is committed to maintaining transparency and accountability in its financial reporting and governance practices[104].