Financial Performance - The company's revenue for Q1 2022 was ¥176,686,503.18, representing a 1.38% increase compared to ¥174,283,307.99 in the same period last year[3] - The net profit attributable to shareholders was ¥22,636,788.76, showing a slight increase of 0.02% from ¥22,631,755.73 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥22,321,643.71, up by 0.96% from ¥22,108,421.30 in the previous year[3] - The basic earnings per share decreased by 24.00% to ¥0.38 from ¥0.50 in the same period last year[3] - Total operating revenue for Q1 2022 was CNY 176,686,503.18, an increase of 2.02% compared to CNY 174,283,307.99 in Q1 2021[27] - Net profit for Q1 2022 was CNY 22,636,788.76, slightly up from CNY 22,631,755.73 in Q1 2021, indicating a stable performance[28] - Earnings per share for Q1 2022 were CNY 0.38, down from CNY 0.50 in the previous year[29] - The total comprehensive income for Q1 2022 was CNY 22,636,788.76, consistent with the net profit reported[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,533,592,337.88, a decrease of 0.22% from ¥1,536,897,274.61 at the end of the previous year[3] - The equity attributable to shareholders increased by 1.82% to ¥1,263,071,500.37 from ¥1,240,434,711.61 at the end of the previous year[3] - Total liabilities as of Q1 2022 amounted to CNY 270,520,837.51, down from CNY 296,462,563.00 in the previous year[25] - The company's total liabilities decreased to CNY 1,226,002,287.82 from CNY 1,230,610,141.42, indicating a slight reduction in financial obligations[24] Cash Flow - Cash flow from operating activities showed an improvement, with a net outflow of ¥8,730,080.41, which is 6.69% better than the outflow of ¥9,356,238.82 in the same period last year[3] - Cash flow from operating activities in Q1 2022 was CNY 180,333,988.16, compared to CNY 189,758,427.94 in Q1 2021, showing a decrease of 4.76%[30] - The net cash flow from operating activities for Q1 2022 was -8,730,080.41 CNY, compared to -9,356,238.82 CNY in Q1 2021, indicating a slight improvement[32] - The net cash flow from investing activities was -57,116,237.30 CNY in Q1 2022, a significant decrease from a positive 17,584,590.03 CNY in Q1 2021[32] - The total cash outflow from financing activities was 8,435,570.93 CNY in Q1 2022, compared to 1,012,629.30 CNY in Q1 2021, reflecting increased financial obligations[32] - The company reported a total cash inflow from investment activities of 68,215,958.33 CNY in Q1 2022, down from 160,410,359.02 CNY in Q1 2021[32] Investments and Expenses - Research and development expenses for Q1 2022 were CNY 10,642,304.45, slightly down from CNY 10,998,310.12 in Q1 2021[27] - The company reported a financial income of CNY 4,948,041.04 in Q1 2022, compared to CNY 26,849.46 in the same period last year, indicating a significant increase in financial performance[27] Inventory and Fixed Assets - The company’s inventory increased to CNY 136,438,725.15 from CNY 115,965,592.00 at the beginning of the year, indicating a growth of approximately 17.6%[23][24] - The company’s fixed assets rose significantly to CNY 213,714,256.60 from CNY 142,562,576.83, reflecting an increase of about 50%[24] Other Information - The company established a special account for raised funds and signed a tripartite supervision agreement with banks and sponsors[18] - The company’s subsidiary obtained a high-tech enterprise certificate, allowing it to enjoy a reduced corporate income tax rate of 15% for three years[20] - The company’s short-term borrowings remained stable at CNY 30,035,753.42[24] - The company’s accounts receivable increased to CNY 98,946,937.40 from CNY 95,357,512.74, showing a growth of approximately 3%[23][24] - The company’s first-quarter report for 2022 was not audited[33]

Financial Performance - The company's operating revenue for Q3 2021 was CNY 194,575,740.66, representing a year-on-year increase of 12.35% and a cumulative increase of 35.16% year-to-date[3]. - The net profit attributable to shareholders for Q3 2021 was CNY 60,289,865.21, a significant increase of 127.06% compared to the same period last year, with a year-to-date increase of 63.97%[3]. - The basic earnings per share for Q3 2021 was CNY 1.34, reflecting a 127.12% increase year-on-year, and CNY 2.34 year-to-date, up 63.64%[3]. - Revenue for the first nine months of 2021 reached CNY 575,034,088.95, a 35.16% increase compared to CNY 425,461,239.30 in the same period of 2020[9]. - Net profit for the first nine months of 2021 was CNY 105,433,658.74, reflecting a 63.97% growth from CNY 64,298,934.19 in 2020, driven by increased sales volume and asset disposal gains[9]. - Net profit for the current period was ¥105,433,658.74, representing a 64.2% increase from ¥64,298,934.19 in the same period last year[23]. Assets and Liabilities - The total assets at the end of Q3 2021 reached CNY 1,490,830,442.35, an increase of 186.71% compared to the end of the previous year[4]. - The equity attributable to shareholders at the end of Q3 2021 was CNY 1,210,879,617.15, showing a remarkable increase of 349.96% compared to the end of the previous year[4]. - The company's total liabilities amounted to RMB 279,950,825.20, compared to RMB 250,862,025.15 at the end of the previous year[20]. - The company's total current assets reached RMB 1,223,437,193.52, a substantial increase from RMB 314,297,531.09 at the end of 2020[18]. - The company's long-term borrowings rose by 175.80% to CNY 55,953,869.35, primarily due to loans for a new production project[9]. - The company's long-term borrowings increased to RMB 55,953,869.35 from RMB 20,288,102.73, indicating a growth of approximately 176%[19]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 28,423,315.50, which represents a decrease of 63.14% compared to the same period last year[3]. - Cash flow from operating activities generated a net amount of ¥28,423,315.50, down 63.1% from ¥77,110,129.88 in the previous period[27]. - The company reported a significant increase in cash inflow from financing activities, totaling CNY 940,174,339.62, a 1547.08% increase attributed to the issuance of 15 million new shares[10]. - Cash flow from financing activities yielded a net inflow of ¥897,338,977.53, a substantial increase compared to ¥9,515,715.51 in the previous period[28]. Expenses - Research and development expenses increased by 60.60% to CNY 35,076,185.17, up from CNY 21,840,180.52 in the previous year, indicating a focus on innovation[9]. - Research and development expenses increased to ¥35,076,185.17, up from ¥21,840,180.52, indicating a focus on innovation and product development[22]. - Operating cash outflow for the first nine months was CNY 521,623,436.44, a 44.61% increase from CNY 360,700,477.05, mainly due to higher raw material purchases and employee compensation[9]. - Total operating costs amounted to ¥500,750,814.57, up 41.7% from ¥353,648,238.96 in the prior period, with operating costs specifically rising from ¥301,681,455.89 to ¥423,671,161.16[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,298, indicating a broad shareholder base[12]. - The company’s capital reserve increased significantly due to the new share issuance, amounting to CNY 821,336,317.45[9]. - The company raised a total of RMB 92,190.00 million from the issuance of 15 million ordinary shares at RMB 61.46 per share, with a net amount of RMB 83,633.63 million after deducting issuance costs[14]. Asset Management - The company reported a decrease of 100% in held-for-sale assets, which were transferred to the relocation unit for disposal as per contract[7]. - The company confirmed asset disposal gains of CNY 47,626,663.59 in the third quarter, contributing positively to overall profitability[9]. - The company reported a non-recurring gain of RMB 40.48 million from the disposal of assets related to a compensation agreement with the local government[15]. Inventory and Receivables - The company’s inventory increased to RMB 105,637,120.57 from RMB 83,110,011.38, indicating a growth of approximately 27%[18]. - The company’s accounts receivable rose to RMB 88,428,044.42 from RMB 73,085,211.73, reflecting an increase of about 21%[18].