证券代码：301079 证券简称：邵阳液压 公告编号：2023-058 关于募投项目结项并使用节余募集资金永久补充流动资金 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 邵阳维克液压股份有限公司 假记载、误导性陈述或重大遗漏。 邵阳维克液压股份有限公司（以下简称"公司"）于 2023 年 8 月 25 日召开第 五届董事会第九次会议和第五届监事会第七次会议，审议通过了《关于募集资金 投资项目结项并将节余募集资金永久补充流动资金的议案》，鉴于公司首次公开 发行股票募投项目"邵阳液压件生产基地技术改造与产能扩建项目"、"液压技术 研发中心升级建设项目"（以下简称"募投项目"）均已达到预定可使用状态，公司 拟对募投项目进行结项并使用节余募集资金 3,571.31 万元（具体金额以资金划转 日实际金额为准）永久补充流动资金，用于公司日常生产经营活动，同时拟注销 相关募集资金专项账户。 根据《上市公司监管指引第 2 号—上市公司募集资金管理和使用的监管要 求》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运 作》等相关规定，该事项尚需提交公司 2023 年第二次临时股东 ...

证券代码：301079 证券简称：邵阳液压 公告编号：2023-053 邵阳维克液压股份有限公司 关于筹划重大资产重组暨签订股份收购意向书进展的公告 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。 二、本次交易的进展情况 截至本公告披露日，公司聘请的相关中介机构已完成现场尽职调查工作,公 司尚未召开董事会审议并披露重组预案或重组报告书。本次重组相关工作正有序 推进中，目前公司正履行内部决策程序，公司将在本次重组相关工作完成后按照 《公开发行证券的公司信息披露内容与格式准则第 26 号——上市公司重大资产 重组》的规定履行必要的决策和审议程序。 三、风险提示 截至本公告披露日，公司及各相关方正在积极推进本次交易工作，本次重大 资产重组相关事项尚存在不确定性，涉及的后续事宜公司将按照《公司法》《深 圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》及《公司章程》等相关法律、法规的规定和 要求及时履行信息披露义务。敬请广大投资者谨慎决策，注意投资风险。 特此公告。 邵阳维克液压股份有限公司董事会 邵阳维克液压股 ...

Financial Performance - The company's operating revenue for 2022 was ¥300,826,356.60, a decrease of 19.84% compared to ¥375,282,469.25 in 2021[18] - The net profit attributable to shareholders for 2022 was ¥50,131,160.62, down 1.56% from ¥50,928,114.74 in the previous year[18] - The net profit after deducting non-recurring gains and losses was ¥30,720,312.66, a decline of 22.18% from ¥39,476,783.56 in 2021[18] - The total assets at the end of 2022 reached ¥778,626,702.77, reflecting a growth of 13.11% from ¥688,393,623.34 in 2021[18] - The net assets attributable to shareholders increased by 9.51% to ¥480,567,440.72 from ¥438,825,613.50 in the previous year[18] - The basic earnings per share for 2022 was ¥0.60, down 22.08% from ¥0.77 in 2021[18] - The weighted average return on net assets decreased to 10.92% from 24.97% in the previous year, a drop of 14.05%[18] - Total revenue for 2022 was ¥300,826,356.60, a decrease of 19.84% compared to ¥375,282,469.25 in 2021[77] - Hydraulic cylinder revenue dropped by 44.36% to ¥79,617,272.68, while hydraulic system revenue increased by 9.05% to ¥139,144,004.85[77] - Domestic sales accounted for 98.51% of total revenue, decreasing by 20.26% year-over-year[77] Cash Flow and Investment - The net cash flow from operating activities improved significantly to ¥60,014,886.47, compared to a negative cash flow of ¥5,928,338.81 in 2021, marking an increase of 1,112.34%[18] - The company has benefited from government subsidies amounting to ¥6,715,254.40 in 2022, although this is a decrease from ¥12,734,328.18 in 2021[24] - Investment activities generated a cash inflow of ¥691,919,415.90, a 474.94% increase from ¥120,347,367.92 in 2021[88] - Cash and cash equivalents increased by 147.59% to ¥66,944,856.19, primarily due to the recovery of structured deposit funds[88] - The company's total investment for the reporting period was CNY 42,150,078.50, a significant decrease of 78.09% compared to CNY 192,371,056.85 in the previous year[96] Research and Development - Research and development expenses increased by 19.13% to ¥17,920,136.18, reflecting a focus on innovation[85] - The company's R&D investment amounted to ¥17,920,136.18 in 2022, representing 5.96% of total revenue, an increase from 4.01% in 2021[88] - The total number of R&D personnel decreased by 3.92% to 147 in 2022, while the proportion of R&D personnel increased to 24.71% from 23.36% in 2021[88] - The company reported a significant increase in R&D activities, with over 100 national invention patents held by its key personnel[156] - The R&D innovation plan focuses on developing high-pressure hydraulic components and establishing a digital design platform to enhance product efficiency and meet market demands[117] Market Position and Strategy - The company aims to strengthen its market position in high-end hydraulic products, particularly smart hydraulic products, as part of its five development strategies[112] - The company has committed to becoming a leading domestic and globally recognized supplier of high-end hydraulic products and solutions[112] - The company is exploring market expansion opportunities, particularly in emerging markets, to increase its customer base[200] - Strategic acquisitions are being considered to bolster the company's market position and diversify its product offerings[200] - The company plans to enhance its digital marketing strategy, allocating an additional 10 million yuan to boost online sales channels[167] Product Development and Innovation - The company has developed the "SY-CY series low-noise high-pressure plunger pump," which has received provincial awards and is recognized for its leading technical indicators in the domestic market[58] - The company has successfully developed a new lightweight alloy hydraulic cylinder, achieving a weight reduction of over 40% compared to conventional materials[87] - The company completed the development of a new hydraulic pump for high-speed switch machines, achieving an efficiency of no less than 90%[87] - The company is developing hydraulic equipment for marine exploration, aiming to enhance product capabilities in a high-demand sector[86] - The company aims to promote lightweight hydraulic cylinders across various industries based on existing successful applications[87] Governance and Management - The company has established a comprehensive governance structure, including rules for shareholder meetings and board operations, ensuring compliance with relevant laws and regulations[132] - The board of directors consists of 7 members, including 3 independent directors, and has established specialized committees to enhance decision-making and operational governance[135] - The company has maintained independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring no misuse of company resources[141] - The company has a complete and independent asset structure, with all operational assets legally owned and controlled, ensuring no asset encumbrance by shareholders[142] - The company has a structured approach to governance, with independent directors and a supervisory board in place to oversee operations[150] Risks and Challenges - The company faces risks related to macroeconomic fluctuations that could impact demand for its hydraulic products across various industries[125] - Intense market competition from both domestic and international manufacturers poses a risk to the company's market position and profitability[127] - Major raw materials for hydraulic pumps and systems include steel and copper, with fluctuations in steel prices significantly affecting production costs and profitability[129] Social Responsibility and Compliance - The company strictly adhered to environmental protection laws and regulations, with no pollution incidents or administrative penalties reported during the period[192] - The company actively engages in social responsibility, focusing on investor rights protection and sustainable development[193] - The company emphasizes safety production, conducting regular health and safety training for employees[194] - The company has committed to timely and full tax payments, complying with financial regulations and accounting standards[195] Future Outlook - The company provided a positive outlook for the next fiscal year, projecting continued revenue growth driven by new product launches[200] - Future guidance indicates a targeted revenue growth rate of approximately 15% for the upcoming fiscal year[200] - The company is committed to sustainability initiatives, which are expected to resonate well with consumers and enhance brand loyalty[200] - Ongoing investments in research and development are anticipated to yield innovative solutions that meet evolving market demands[200]

Revenue and Profit - Revenue for Q1 2023 was ¥72,341,281.03, a decrease of 4.54% compared to ¥75,783,663.57 in Q1 2022[5] - Net profit attributable to shareholders increased by 11.85% to ¥8,562,885.77 from ¥7,655,445.88 in the same period last year[5] - Net profit excluding non-recurring gains and losses rose by 81.25% to ¥7,429,619.29 compared to ¥4,099,073.63 in Q1 2022[5] - The company's sales revenue for Q1 2023 reached ¥79,425,316.32, an increase of ¥19,445,912.90 or 32.42% compared to Q1 2022, primarily due to higher cash receipts during the reporting period[15] - Total operating revenue for Q1 2023 was CNY 72,341,281.03, a decrease of 4.8% compared to CNY 75,783,663.57 in the same period last year[23] - Net profit for Q1 2023 reached CNY 8,562,885.77, an increase of 12% from CNY 7,655,445.88 in Q1 2022[23] - The total comprehensive income for the parent company was CNY 8,562,885.77, an increase from CNY 7,655,445.88 in the previous period, representing a growth of approximately 11.8%[24] Cash Flow - Operating cash flow improved significantly, with a net cash flow from operating activities of ¥2,378,533.72, up 119.28% from a negative cash flow of ¥12,334,278.56 in the previous year[5] - Cash inflow from operating activities totaled CNY 82,338,444.61, up from CNY 63,423,725.94, indicating a growth of approximately 29.7%[26] - Cash outflow from operating activities was CNY 79,959,910.89, compared to CNY 75,758,004.50 in the previous period, showing an increase of about 5.8%[27] - The net cash flow from financing activities was reported at ¥2,674,479.95, a decline of 67.37% compared to the previous year, reflecting a comprehensive impact from financing activities[15] - The company’s cash inflow from financing activities was CNY 11,048,500.00, a decrease from CNY 19,095,000.00 in the previous period[27] - The company’s total cash outflow from financing activities was CNY 8,374,020.05, compared to CNY 10,897,995.71 in the previous period, indicating a decrease of about 23.2%[27] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥781,842,750.90, reflecting a slight increase of 0.41% from ¥778,626,702.77 at the end of the previous year[5] - Current assets totaled CNY 510,823,350.49, down 8.6% from CNY 559,153,954.25 at the start of the year[22] - Non-current assets increased to CNY 271,019,400.41, up 23.5% from CNY 219,472,748.52 at the beginning of the year[22] - Total liabilities decreased to CNY 292,894,601.32 from CNY 298,059,262.05, a reduction of 1.4%[22] - Shareholders' equity increased by 1.74% to ¥488,948,149.58 from ¥480,567,440.72 at the end of the previous year[5] Expenses - Total operating costs for Q1 2023 were CNY 62,147,866.85, down 14.3% from CNY 72,576,119.89 in the previous year[23] - Financial expenses decreased by 84.59% to ¥119,707.58, attributed to reduced bank borrowings and increased interest income from temporarily idle funds[12] - The company reported a significant reduction in financial expenses, which fell to CNY 119,707.58 from CNY 776,866.27, a decrease of 84.6%[23] - Research and development expenses for Q1 2023 were CNY 4,017,036.98, down 15% from CNY 4,728,277.62 in the previous year[23] Investments - Investment cash outflows totaled ¥190,000,000.00, up by ¥60,000,000.00 or 46.15% year-on-year, attributed to maintaining liquidity of raised funds[15] - The company reported a net cash flow from investment activities of -¥87,300,049.31, a decrease of ¥127,492,034.97 or 317.21% compared to the previous year, indicating a significant impact from investment activities[15] - The company experienced a decrease in investment income, with cash received from investment income dropping by 65.82% to ¥402,904.12, primarily due to reduced returns from bank structured deposits[15] - Cash flow from investing activities resulted in a net outflow of CNY 87,300,049.31, a decline from a net inflow of CNY 40,191,985.66 in the previous period[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,793, with the largest shareholder, Wu Hong, holding 28.97% of the shares[17][18] - The top ten shareholders collectively hold significant stakes, with the largest individual holding being 24,305,592 shares[17][18]

邵阳维克液压股份有限公司 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公告内容的真实、准确、完整，不存在虚假 记载、误导性陈述或重大遗漏。 重要内容提示： 邵阳维克液压股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日在 巨潮资讯网上披露了《2022 年年度报告》及其摘要。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 04 月 26 日（星 期三）15:00-17:00 在"价值在线"（www.ir-online.cn）举办公司 2022 年年度 网上业绩说明会，与投资者进行沟通和交流，广泛听取投资者的意见和建议。 会议召开时间：2023 年 04 月 26 日（星期三）15:00-17:00 会议召开方式：网络互动方式 会议召开地点：价值在线（www.ir-online.cn） 会议问题征集： 投 资 者 可 于 2023 年 04 月 26 日 前 访 问 网 址 https://eseb.cn/13WFJ8WVuc8 或使用微信扫描下方小程序码进行会前 提问，公司将通过本次业绩说明会，在信息披露允许范围内就投资者普 遍 ...

Financial Performance - The company's revenue for Q3 2022 was ¥83,478,908.91, a decrease of 12.62% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was ¥11,924,909.27, down 7.44% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥10,850,788.56, a decline of 13.95% compared to the previous year[5]. - Total operating revenue for Q3 2022 was CNY 231,063,105.84, a decrease of 19.3% compared to CNY 286,181,026.01 in the same period last year[21]. - Net profit for Q3 2022 was CNY 32,078,056.53, a decline of 18.4% compared to CNY 39,314,345.44 in Q3 2021[21]. - Basic and diluted earnings per share for Q3 2022 were CNY 0.38, down from CNY 0.62 in the same quarter last year[22]. Cash Flow - The operating cash flow for the year-to-date period increased significantly by 221.32%, reaching ¥34,782,760.26[5]. - Cash inflow from operating activities was CNY 264,407,263.96, an increase from CNY 243,871,169.49 in the previous year[24]. - The net cash flow from operating activities was CNY 34,782,760.26, a significant improvement compared to a net outflow of CNY 28,669,203.18 in the previous period[25]. - Cash inflow from investment activities totaled CNY 451,272,113.39, while cash outflow was CNY 383,106,982.58, resulting in a net cash flow of CNY 68,165,130.81[25]. - Cash inflow from financing activities was CNY 56,495,000.00, while cash outflow amounted to CNY 68,934,021.74, leading to a net cash flow of -CNY 12,439,021.74[25]. - The total cash and cash equivalents at the end of the period reached CNY 138,319,061.25, up from CNY 3,991,373.67 at the end of the previous period[25]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥691,566,676.92, reflecting a slight increase of 0.46% from the end of the previous year[5]. - Total current assets as of September 30, 2022, were ¥559,212,889.58, down from ¥630,885,933.24 at the beginning of the year[19]. - Non-current assets totaled ¥132,353,787.34, an increase from ¥57,507,690.10 at the beginning of the year[19]. - Total liabilities decreased to CNY 229,052,340.29 from CNY 249,568,009.84 in the previous period[21]. - The equity attributable to shareholders increased by 5.40% to ¥462,514,336.63 compared to the end of the previous year[5]. - Total equity attributable to shareholders of the parent company increased to CNY 462,514,336.63 from CNY 438,825,613.50[21]. Expenses - Research and development expenses increased by 30.13% year-on-year, totaling ¥13,255,861.02 for the first nine months of 2022[10]. - Research and development expenses for Q3 2022 were CNY 13,255,861.02, up from CNY 10,186,898.55 in the same period last year[21]. - Cash paid for purchasing goods and services was CNY 150,219,424.08, a decrease from CNY 196,710,597.00 year-on-year[24]. - The company reported a significant increase in tax expenses, totaling CNY 3,361,319.52 compared to CNY 5,100,966.76 in the previous year[21]. - Tax payments decreased to ¥12,772,060.35, a reduction of 32.06% compared to ¥18,798,291.28 in the previous year[12]. Other Financial Activities - The company received government subsidies amounting to ¥481,100.49 in Q3 2022, contributing to its non-recurring gains[6]. - Cash received from investment recoveries reached ¥448,000,000.00, marking a 100.00% increase as it was not recorded in the previous year[12]. - Cash received from investment income amounted to ¥3,272,113.39, also a 100.00% increase from the previous year[12]. - Cash paid for the acquisition of fixed assets and other long-term assets surged to ¥83,106,982.58, an increase of 1125.27% from ¥6,782,729.85[12]. - Cash paid for dividends and interest reached ¥10,346,608.96, up 547.19% from ¥1,598,707.92 in the previous year[12]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 8,110[14]. Audit Status - The report for the third quarter was not audited[26].

证券代码：301079 证券简称：邵阳液压 公告编号：2022-033 邵阳维克液压股份有限公司 关于参加湖南辖区上市公司2022年投资者网上 集体接待日活动的公告 本公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 为贯彻落实《国务院办公厅关于进一步加强资本市场中小投资者合法权益保护 工作的意见》文件精神，进一步加强与广大投资者的沟通交流，使投资者能更加深 入的了解公司的经营及未来的发展情况，邵阳维克液压股份有限公司（以下简称"公 司"）将参加由中国证券监督管理委员会湖南监管局、湖南省上市公司协会与深圳市 全景网络有限公司联合举办的"湖南辖区上市公司2022年投资者网上集体接待日活 动"，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互联网 平台，采取网络远程的方式进行，投资者可以登录"全景路演"网站（http://rs.p5w.net） 参与公司本次投资者网上集体接待日活动，活动时间为2022年9月29日（星期四） 15:30-16:55。 届时公司董事会秘书姚红春先生、证券事务代表覃波先生将通过网络在线互动 问答的形式与投 ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥147.58 million, a decrease of 22.59% compared to ¥190.64 million in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥20.15 million, down 23.75% from ¥26.43 million in the previous year[19]. - The net profit after deducting non-recurring gains and losses was approximately ¥15.42 million, representing a decline of 39.31% compared to ¥25.41 million in the same period last year[19]. - The basic earnings per share decreased by 42.86% to ¥0.24, down from ¥0.42 in the same period last year[19]. - The weighted average return on net assets was 4.49%, down 9.32% from 13.81% in the previous year[19]. - The company's revenue for the reporting period was approximately ¥147.58 million, a decrease of 22.59% compared to the same period last year, which was ¥190.64 million[61]. - The company reported a total revenue of 1.5 billion RMB for the first half of 2022, representing a year-on-year increase of 15%[111]. Cash Flow and Investments - The net cash flow from operating activities increased significantly to approximately ¥22.49 million, a 287.51% improvement from a negative cash flow of ¥11.99 million in the previous year[19]. - The net cash flow from investment activities surged by 3,984.22% to ¥114.34 million, attributed to the use of unutilized fundraising for structured deposits[61]. - The company reported a significant increase in cash and cash equivalents, rising by 780.11% to ¥111.97 million, mainly due to funds raised from the IPO in October 2021[61]. - The total cash and cash equivalents at the end of the period reached CNY 159,780,083.33, up from CNY 47,810,191.68 at the beginning of the period, indicating a net increase of CNY 111,969,891.65[170]. - The company invested CNY 210,000,000.00 in cash payments for investments during the period, indicating a strategic focus on growth[170]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥661.39 million, a decrease of 3.92% from ¥688.39 million at the end of the previous year[19]. - The company's total liabilities decreased to CNY 210,801,710.24, down 15.5% from CNY 249,568,009.84 year-on-year[166]. - The total equity attributable to shareholders increased to CNY 450,589,427.36, up from CNY 438,825,613.50 in the previous year[166]. Research and Development - Research and development expenses increased by 15.13% to ¥8.21 million from ¥7.13 million year-on-year[61]. - Investment in R&D increased by 25% year-on-year, focusing on hydraulic technology innovations[111]. - The company has established a provincial research center and has collaborated with universities for product R&D and technological innovation[57]. Market and Product Development - The company continues to focus on the design, research and development, production, and sales of hydraulic products, maintaining a strong competitive advantage in the industry[27]. - The company aims to expand its market presence by leveraging advanced technologies and enhancing product offerings in the hydraulic systems sector[39]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[111]. - The company aims to launch three new products in the next quarter, which are expected to contribute an additional 5% to revenue[111]. Corporate Governance and Shareholder Relations - The company emphasizes the protection of shareholder rights, particularly for minority shareholders, by enhancing corporate governance and internal control systems[105]. - The company has committed to measures for stabilizing its stock price, including potential stock buybacks if certain conditions are met[110]. - The company has established a detailed profit distribution policy, committing to cash dividends when no significant cash expenditures occur[112]. Risks and Challenges - The company faces risks from macroeconomic fluctuations, particularly in the engineering machinery sector, which may impact order volumes[91]. - The hydraulic products market is competitive, with major players holding nearly half of the global market share, posing a risk to the company's market position[93]. - The company is exposed to risks from fluctuations in raw material prices, particularly steel, which significantly affects production costs[95]. Compliance and Social Responsibility - The company strictly adheres to environmental protection laws and has not faced any administrative penalties related to environmental issues during the reporting period[104]. - The company actively engages in social responsibility and maintains good public relations, although it has not initiated specific public welfare projects during the reporting period[107]. Employee Relations and Development - The company has established a training program to enhance employee skills and capabilities, contributing to mutual growth for both the company and its employees[106]. - The company complies with labor laws and has established robust labor protection and welfare systems to safeguard employee rights[106].

Financial Performance - The company's operating revenue for Q1 2022 was ¥75,783,663.57, representing a 7.21% increase compared to ¥70,686,944.02 in the same period last year[3] - The net profit attributable to shareholders decreased by 3.75% to ¥7,655,445.88 from ¥7,953,904.56 year-on-year[3] - The net profit after deducting non-recurring gains and losses dropped by 45.99% to ¥4,099,073.63 compared to ¥7,589,596.67 in the previous year[3] - Basic and diluted earnings per share fell by 30.77% to ¥0.09 from ¥0.13 year-on-year[3] - The total operating revenue for the first quarter of 2022 was CNY 75,783,663.57, an increase of 7.4% compared to CNY 70,686,944.02 in the same period last year[19] - The net profit for the first quarter was CNY 7,655,445.88, a decrease of 3.8% from CNY 7,953,904.56 in the previous year[20] Cash Flow - The net cash flow from operating activities was negative at -¥12,334,278.56, a decline of 67.28% from -¥7,373,376.47 in the same period last year[3] - The net cash flow from operating activities was -12,334,278.56, a decrease of 67.28% compared to the previous period due to increased payment for goods[10] - The cash flow from financing activities resulted in a net increase of 8,197,004.29, a 675.22% improvement due to comprehensive effects of financing activities[10] - The net increase in cash and cash equivalents was 36,054,711.39, reflecting a 434.64% increase from the previous period[10] - Operating cash inflow totaled $63,423,725.94, an increase from $61,593,384.47 in the previous period[23] - Operating cash outflow amounted to $75,758,004.50, up from $68,966,760.94 year-over-year[23] - Cash inflow from investment activities reached $179,178,695.13, with a net cash flow of $40,191,985.66, a significant improvement from -$1,975,820.02 previously[24] - Net cash flow from financing activities improved to $8,197,004.29 from -$1,425,028.94 year-over-year[24] - The ending balance of cash and cash equivalents stood at $83,864,903.07, significantly higher than $9,996,948.84 at the end of the last period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥670,521,472.09, a decrease of 2.60% from ¥688,393,623.34 at the end of the previous year[3] - The total liabilities decreased to CNY 224,040,412.71 from CNY 249,568,009.84 year-on-year, indicating a reduction of 10.3%[18] Research and Development - Research and development expenses rose by 54.88% to ¥4,728,277.62, reflecting increased investment in R&D[8] - Research and development expenses increased to CNY 4,728,277.62, compared to CNY 3,052,961.75 in the previous year, reflecting a growth of 55%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,723[12] - The largest shareholder, Cu Wuhong, holds 28.97% of the shares, totaling 24,305,592 shares[12] Government Subsidies - The company received government subsidies amounting to ¥2,861,628.55, a significant increase of 711.28% compared to ¥352,729.53 in the previous year[8] - The company reported a significant increase in cash received from government subsidies, amounting to 3,444,322.52, a rise of 1024.63% year-on-year[10]

Financial Performance - The company's operating revenue for 2021 was CNY 375,282,469.25, representing an increase of 11.08% compared to CNY 337,857,187.58 in 2020[17]. - The net profit attributable to shareholders for 2021 was CNY 50,928,114.74, a decrease of 7.71% from CNY 55,181,188.34 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 39,476,783.56, down 23.92% from CNY 51,888,632.54 in 2020[17]. - The company's total assets at the end of 2021 were CNY 688,393,623.34, an increase of 73.14% from CNY 397,589,436.31 at the end of 2020[17]. - The net assets attributable to shareholders increased by 145.84% to CNY 438,825,613.50 from CNY 178,499,370.14 in 2020[17]. - The basic earnings per share for 2021 were CNY 0.77, a decrease of 12.50% compared to CNY 0.88 in 2020[17]. - The net cash flow from operating activities was negative CNY 5,928,338.81, a decline of 115.41% from CNY 38,481,372.84 in the previous year[17]. - The weighted average return on equity was 24.97%, down from 33.64% in 2020, reflecting an 8.67% decrease[17]. - The company achieved a gross margin of 26.42% in the general equipment manufacturing sector, a decrease of 2.98% from the previous year[87]. - The company reported a total shareholding of 48,208,410 shares held by directors and senior management at the end of the reporting period[162]. Revenue Breakdown - Hydraulic cylinder sales accounted for 38.13% of total revenue, with sales amounting to ¥143,087,270.35, up by 10.53% from the previous year[84]. - The hydraulic system segment saw significant growth, with revenue increasing by 39.39% to ¥127,595,560.00, which constituted 34.00% of total revenue[84]. - The company's domestic sales represented 99.03% of total revenue, indicating a strong focus on the domestic market[84]. - The company's major clients accounted for 48.89% of total sales, with the top five clients generating ¥183,468,279.00 in sales[92]. Investment and Cash Flow - The total investment during the reporting period was CNY 312,371,056.85, representing a significant increase of 6,590.22% compared to the previous year[108]. - Cash and cash equivalents increased to CNY 48,068,724.21, up from CNY 20,951,173.60, reflecting a 1.71% rise in total assets due to IPO fundraising[104]. - The company raised CNY 250,002,141.28 through its IPO, with a net amount of CNY 209,398,128.62 after deducting expenses[112]. - The net cash flow from financing activities increased significantly to ¥224,991,047.94 in 2021, a change of -695.73% from the previous year[98]. - Investment cash inflow surged by 40,190.94% to ¥120,347,367.92 in 2021, attributed to the management of idle funds[98]. Research and Development - The company's R&D investment is only 1%-2% of sales, significantly lower than the 10%+ seen in developed countries, indicating a need for increased innovation funding[74]. - The number of R&D personnel grew by 98.70% to 153 in 2021, with R&D personnel now accounting for 23.36% of the total workforce[96]. - The R&D investment as a percentage of operating revenue rose to 4.01% in 2021 from 3.32% in 2020[96]. - The company has invested 30 million RMB in research and development for advanced hydraulic technologies, aiming to improve product efficiency by 25%[173]. Market Position and Strategy - The company has established itself as a comprehensive hydraulic enterprise with a wide range of products and advanced production technology, serving various industries including engineering machinery and metallurgy[32]. - The company aims to strengthen its market share in high-end hydraulic products, particularly smart hydraulic products, through five strategic focuses: talent, technology innovation, branding, marketing, and internationalization[120]. - The company intends to deepen its market penetration in domestic and international markets, particularly by expanding its sales force in countries along the "Belt and Road" initiative[129]. - The company plans to enhance its brand image and market competitiveness while aligning with international hydraulic industry leaders[122]. Challenges and Risks - The company is facing challenges in scale and strength compared to international competitors, with significant reliance on imported hydraulic products, which affects profitability[72]. - The company acknowledges risks related to macroeconomic fluctuations that could impact demand for its hydraulic products, which are closely tied to the performance of downstream industries[135]. - The company is exposed to risks from fluctuations in raw material prices, particularly steel, which significantly impacts production costs[140]. Governance and Management - The board of directors consists of 9 members, including 3 independent directors, and held 8 meetings during the reporting period, ensuring compliance with legal requirements[146]. - The company maintains independent operations in assets, personnel, finance, institutions, and business, ensuring no interference from controlling shareholders[153]. - The company has established a complete financial accounting system and independent financial management, with no shared bank accounts with controlling shareholders[156]. - The management team includes experienced professionals with backgrounds in engineering and business management, contributing to the company's strategic direction[165]. Employee and Talent Development - The company has a training program that includes onboarding for new employees and ongoing professional development for existing staff[196]. - The company plans to enhance its talent development program to meet the increasing demand for skilled personnel in production, quality supervision, and marketing, focusing on both internal training and external recruitment[124]. - The company has a total of 655 employees, with 415 in production, 21 in sales, 153 in technical roles, 6 in finance, and 60 in administration[191]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10-15% based on current market trends and demand[173]. - The company anticipates that new product developments in hydraulic systems for lithium battery manufacturing could generate an additional ¥150 million in sales over the next three years[95]. - The financial outlook remains strong, with an expected EBITDA margin improvement to 25% in the upcoming year due to operational efficiencies[173].