北京亚康万玮信息技术股份有限公司 监事会议事规则 二〇二三年八月 第一条 为明确北京亚康万玮信息技术股份有限公司（以下简称"公司"）监 事会的职责权限，规范监事会内部机构及运作程序，充分发挥监事会的监督管理 作用，根据《中华人民共和国公司法》（以下简称"《公司法》"）、其他有关法律 法规、中国证监会有关规定和《北京亚康万玮信息技术股份有限公司章程》（以 下简称"公司章程"）的有关规定，制定本规则。 第一章 总 则 第二条 公司依法设立监事会，监事会受股东大会委托，负责监督公司的经营 和管理，是公司的监督机构，对股东大会负责，根据公司章程的规定组成并行使 职权。 第二章 监事会的构成 第三条 公司监事会由三名监事组成，其中两名由股东代表出任，由股东大 会选举和罢免；一名由公司职工代表出任，由公司职工民主选举和罢免。监事会 设监事会主席 1 人。监事会主席由全体监事过半数选举产生。监事会主席召集和 主持监事会会议；监事会主席不能履行职务或者不履行职务的，由半数以上监事 共同推举一名监事召集和主持监事会会议。 第四条 公司董事、高级管理人员及其配偶和直系亲属在公司董事、高级管 理人员任职期间不得担任公司监事。 第五 ...

一、关于 2023 年半年度公司控股股东及其他关联方对上市公司资金占用情 况、公司对外担保情况的专项说明和独立意见 根据中国证监会发布的《上市公司监管指引第 8 号—上市公司资金往来、对 外担保的监管要求》《公司章程》《对外担保制度》《规范与关联方资金往来的 管理制度》及其他相关规定和要求，我们作为公司的独立董事，对公司截止 2023 年 6 月 30 日控股股东及其他关联方占用资金情况和对外担保情况进行了认真负 责的核查： （一）公司控股股东及其他关联方占用资金情况 北京亚康万玮信息技术股份有限公司 独立董事关于第二届董事会第九次会议相关事项的 专项说明和独立意见 根据《中华人民共和国公司法》（以下简称"《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》《上市公司独立董事管理办法》及《北京亚康万玮信息技术 股份有限公司章程》（以下简称"《公司章程》"）等有关法律、法规和规范性文件 的规定，我们作为北京亚康万玮信息技术股份有限公司（以下简称"公司"）的 独立董事，本着认真、负责的态度，通过对有关情况进行详细了解，基于独立判 断，现就公 ...

北京亚康万玮信息技术股份有限公司 2023年半年度募集资金存放与使用情况的专项报告 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。 一、募集资金基本情况 （一）首次公开发行 A 股普通股股票 | 证券代码：301085 | 证券简称：亚康股份 | 公告编号：2023-063 | | --- | --- | --- | | 债券代码：123181 | 债券简称：亚康转债 | | 1、扣除发行费用后的实际募集资金金额、资金到账时间 根据中国证券监督管理委员会（以下简称"中国证监会"）于 2021 年 8 月 2 日出具的《关于同意北京亚康万玮信息技术股份有限公司首次公开发行 股票注册的批复》（证监许可 [2021] 2602 号）的核准，同意北京亚康万玮 信息技术股份有限公司（以下简称"公司"或"本公司"）向社会公开发行 人民币普通股 2,000 万股(每股面值 1 元)，每股发行价格为人民币 21.44 元。 截至 2021 年 10 月 13 日止，本公司实际已发行人民币普通股 2,000 万股，募 集 资 金 总 额 人 民 币 428,800,000.00 ...

Financial Performance - The company's revenue for Q1 2023 reached ¥427,332,866.38, representing a 45.69% increase compared to ¥293,312,547.96 in the same period last year[5] - Net profit attributable to shareholders was ¥20,960,888.75, up 22.23% from ¥17,148,361.84 year-on-year[5] - Operating profit for the quarter was ¥23,902,088.01, compared to ¥19,907,901.26 in the previous year, reflecting a growth of 15.0%[25] - The total comprehensive income for Q1 2023 was CNY 21,387,751.07, up from CNY 16,009,240.61 in the same period last year, reflecting a growth of 33.5%[26] - Revenue from sales of goods and services received in Q1 2023 was CNY 373,684,460.68, compared to CNY 362,033,165.10 in Q1 2022, indicating a growth of 3.5%[29] Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥77,331,418.40, a 47.92% reduction in losses compared to -¥148,482,238.59 in the previous year[14] - The company's cash flow from financing activities surged by 296.01% to ¥323,252,832.07, primarily due to the funds raised from the issuance of convertible bonds[14] - Cash and cash equivalents at the end of the period were ¥585,803,064.22, an increase of 56.0% from ¥375,235,149.78 at the beginning of the year[22] - The net cash flow from financing activities in Q1 2023 was CNY 323,252,832.07, significantly higher than CNY 81,628,354.11 in Q1 2022[30] Assets and Liabilities - Total assets increased by 27.76% to ¥1,420,098,023.83 from ¥1,111,498,039.06 at the end of the previous year[5] - Total liabilities reached ¥603,671,738.50, compared to ¥332,414,973.45 at the beginning of the year, indicating a growth of 81.5%[23] - The company's equity attributable to shareholders increased to ¥816,426,285.33, up 4.8% from ¥779,083,065.61 at the start of the year[23] Research and Development - The company reported a significant increase in R&D expenses, which rose by 79.28% to ¥7,102,803.75 from ¥3,961,871.67 year-on-year[12] - Research and development expenses for the quarter were ¥7,102,803.75, an increase of 79.5% compared to ¥3,961,871.67 in the previous year[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 10.764 million[16] - The largest shareholder, Xu Jiang, holds 40.75% of shares, amounting to 32,596,478 shares, with 11,300,000 shares pledged[16] - The top ten shareholders hold a combined 64.75% of the company's shares[16] - The company has a significant concentration of ownership, with the top three shareholders holding over 59%[16] - The management team has a significant portion of their shares under lock-up agreements, ensuring alignment with shareholder interests[19] Financing Activities - The company issued convertible bonds, resulting in a 100% increase in payable bonds to ¥234,607,154.00[10] - The company experienced a 1123.71% increase in short-term borrowings, reaching ¥79,700,779.34, driven by the need for operational funds due to revenue growth[10] - The company issued 2.61 million convertible bonds with a total value of 261 million RMB, which began trading on April 11, 2023[20] - The company plans to expand its market presence following the issuance of convertible bonds[20] - The financial report indicates a focus on maintaining shareholder value through strategic financing options[20] Other Financial Metrics - The basic earnings per share for Q1 2023 was ¥0.26, reflecting a 23.81% increase from ¥0.21 in the same period last year[5] - The company reported a tax expense of CNY 2,940,984.66 for Q1 2023, slightly down from CNY 3,055,714.92 in Q1 2022[26] - The total cash inflow from investment activities was CNY 213,799,515.31 in Q1 2023, compared to CNY 209,981,241.00 in Q1 2022, showing a slight increase[29] - The company experienced a foreign exchange loss of CNY -959,363.45 in Q1 2023, compared to a loss of CNY -1,102,972.45 in Q1 2022[30]

Financial Performance - The company's operating revenue for 2022 was ¥1,459,253,414.76, representing a 24.12% increase compared to ¥1,175,718,760.51 in 2021[23]. - The net profit attributable to shareholders for 2022 was ¥80,531,469.10, a 14.02% increase from ¥70,628,739.39 in 2021[23]. - The net cash flow from operating activities improved significantly to ¥41,052,722.07 in 2022, compared to a negative cash flow of ¥87,312,225.67 in 2021, marking a 147.02% increase[23]. - The total assets at the end of 2022 were ¥1,111,498,039.06, a 4.32% increase from ¥1,065,470,766.02 at the end of 2021[23]. - The company reported a basic earnings per share of ¥1.0100 for 2022, down 9.82% from ¥1.1200 in 2021[23]. - The weighted average return on equity decreased to 10.26% in 2022 from 15.77% in 2021, a decline of 5.51%[23]. - The company's total revenue for 2022 was approximately CNY 1.46 billion, representing a year-on-year increase of 24.12%[86]. - Revenue from the internet sector accounted for 96.60% of total revenue, amounting to approximately CNY 1.41 billion, with a year-on-year growth of 19.90%[86]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2022, representing a year-over-year growth of 15%[167]. - The company’s consolidated net profit for the 2022 fiscal year was 80,531,469.10 yuan, with a distributable profit of 73,764,613.16 yuan after statutory reserve allocation[189]. Market Expansion and Strategy - The company is focused on expanding its market presence in North America and Europe, despite the ongoing global trade challenges[4]. - The company is positioned to expand its international presence as domestic cloud computing firms accelerate their overseas strategies, particularly in Southeast Asia[41]. - The company is actively expanding its business in Southeast Asia and Europe, responding to the growing demand for data center services in these regions[81]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2024[154]. - The company plans to actively participate in the "East Data West Calculation" national strategy, focusing on comprehensive operation and management services for key infrastructure hubs, which will open new growth points for the business[133]. Research and Development - R&D investment reached CNY 27.18 million, a significant increase of 153.24% compared to the previous year, resulting in 70 new software copyrights and 1 pending patent[83]. - The number of R&D personnel increased to 133, a rise of 171.43% compared to 49 in 2021[98]. - The company plans to continue increasing R&D investment to enhance development speed and capabilities[98]. - The company is investing 100 million RMB in R&D for new technologies aimed at improving service efficiency and product offerings[167]. - The company is actively investing in new product development, with a budget allocation of 1.5 billion CNY for R&D in 2023[154]. Operational Efficiency and Cost Management - Rising labor costs are increasing the company's overall expenses, which may lead to a decline in gross profit margin[4]. - The company aims to optimize its cost structure and enhance operational efficiency to drive revenue growth[81]. - The company is committed to enhancing its energy efficiency metrics, such as Power Usage Effectiveness (PUE), to enhance its data center operations[16]. - The company is focusing on enhancing its technical management capabilities by recruiting high-end internet technology personnel and improving its SRE capabilities[62]. - The company is committed to providing customized supply chain management services to help clients reduce procurement costs and improve operational efficiency[132]. Talent Acquisition and Management - The company faces challenges in talent acquisition due to the rapid technological changes in the digital economy, which may become a bottleneck for business development[4]. - The company has established a comprehensive talent management system, focusing on continuous training and skill enhancement for its technical team[76]. - The company has developed a large team of engineers for operation and maintenance services, ensuring a robust service delivery capability[53]. - The company encourages employees to pursue work-related certifications, particularly in the R&D and IT teams, with training costs covered by the company upon completion of relevant courses[183]. - The company has implemented a structured training program for new employees, including onboarding and professional skills enhancement, to improve integration efficiency[182]. Governance and Compliance - The company has established a complete internal control system for information disclosure, ensuring timely and accurate communication with shareholders[146]. - The company has implemented a fundraising management system to ensure the legal and efficient use of raised funds, with a focus on maximizing shareholder benefits[146]. - The company has a total of 7 directors, including 3 independent directors, ensuring compliance with legal requirements and actual needs[145]. - The company has established a performance evaluation system for all departments, including directors, supervisors, and senior management, in accordance with relevant laws and regulations[145]. - The company maintains independence from its controlling shareholders in terms of business, personnel, assets, institutions, and finance, ensuring it operates as an independent legal entity[148]. Environmental Responsibility - The company actively responded to national environmental protection policies and implemented measures to reduce carbon emissions[198]. - The company promotes the development and application of green data centers and operations technology in line with national carbon neutrality strategies[198]. - The company has adopted energy-saving lighting and eco-friendly materials in its office spaces to enhance environmental protection awareness[198]. - The company has established a paperless office system to improve operational efficiency and reduce resource consumption[198]. - The company is committed to contributing to China's carbon peak and carbon neutrality goals through technological and industrial innovation[198]. Client Relationships and Market Position - The company has established strong client relationships with major internet companies such as Alibaba, Tencent, and Baidu, enhancing its market reputation and service quality[61]. - The company has received awards from major clients, including Alibaba and Tencent, indicating a strong market position in the internet sector[58]. - The company has developed a strong customer base, including major internet companies, which contributes to its competitive advantage in the market[74]. - The company has been recognized as the best service provider by Baidu and Tencent in 2022, reflecting its operational excellence in the industry[61]. - The company has established a strong market competitiveness in the operation and management of power infrastructure, driven by increasing client demands[128].

| 证券代码：301085 | 证券简称：亚康股份 | 公告编号：2022-032 | | --- | --- | --- | | 债券代码：123181 | 债券简称：亚康转债 | | 北京亚康万玮信息技术股份有限公司 关于举行2022年度业绩网上说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 北京亚康万玮信息技术股份有限公司（以下简称"公司"）于 2023 年 4 月 24 日披露了《2022 年年度报告》。为便于广大投资者更深入全面地了解公司情 况，进一步加强与投资者的沟通，做好投资者关系管理工作，拟定于 2023 年 5 月 12 日（星期五）下午 15:00-17:00 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，投资者可登陆深圳证券交易所"互动易" 平台（http://irm.cninfo.com.cn），进入"云访谈"栏目参与本次年度业绩说 明会。 出席本次业绩说明会的人员有：公司董事长徐江，总经理古桂林，财务负 责人李武，董事会秘书曹伟，独立董事刘航，保荐机构代表许琰婕。 为做好中小投资者保护工作 ...

Financial Performance - The company's revenue for Q3 2022 reached ¥339,873,643.04, a 0.32% increase year-over-year, while total revenue for the year-to-date was ¥1,064,777,749.79, reflecting a 27.14% growth compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥28,695,468.13, up 7.06% year-over-year, with year-to-date net profit at ¥75,172,759.28, a 6.29% increase[5] - Total operating revenue for Q3 2022 reached CNY 1,064,777,749.79, an increase of 27.1% compared to CNY 837,515,988.22 in the same period last year[18] - Net profit for Q3 2022 was CNY 75,172,759.28, representing a 6.5% increase from CNY 70,722,111.35 in Q3 2021[19] - The total comprehensive income for the period reached ¥81,168,277.71, an increase from ¥69,626,938.33 in the previous period, reflecting a growth of approximately 16.5%[20] Research and Development - The company reported a significant increase in R&D expenses, totaling ¥16,867,645.84 for Q3 2022, which is a 146.26% rise compared to the same period last year, indicating a focus on enhancing competitiveness[10] - Research and development expenses increased significantly to CNY 16,867,645.84, compared to CNY 6,849,458.09 in the previous year, marking a 146.5% rise[18] Cash Flow - Cash flow from operating activities showed a net inflow of ¥60,331,069.37, a 145.11% improvement compared to a net outflow of ¥133,739,755.97 in the previous year[10] - Cash inflow from operating activities totaled ¥1,248,679,131.61, compared to ¥793,047,869.49 in the previous period, representing an increase of approximately 57.4%[20] - The net cash flow from operating activities was ¥60,331,069.37, a significant improvement from a negative cash flow of ¥133,739,755.97 in the previous period[20] - Cash flow from investment activities generated a net inflow of ¥190,566,201.92, compared to a net outflow of ¥550,365.46 in the previous period[21] - Cash flow from financing activities resulted in a net outflow of ¥133,134,059.81, contrasting with a net inflow of ¥72,247,373.61 in the same period last year[21] Assets and Liabilities - The company's total assets as of September 30, 2022, were ¥1,035,820,613.36, a decrease of 2.78% from the end of the previous year[5] - The company's total liabilities decreased by 2.38% compared to the previous year, with total equity attributable to shareholders at ¥771,782,055.55[5] - Total assets as of the end of Q3 2022 were CNY 1,035,820,613.36, a decrease from CNY 1,065,470,766.02 at the end of the previous quarter[17] - Total liabilities decreased to CNY 264,038,557.81 from CNY 274,856,988.18 in the previous quarter[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,928[11] - The largest shareholder, Xu Jiang, holds 40.75% of shares, totaling 32,596,478 shares[11] - The second-largest shareholder, Tianjin Xiangyuan Shunchang Enterprise Management Consulting, holds 11.90% of shares, totaling 9,518,698 shares[11] - The top ten shareholders include a mix of natural persons and private enterprises, indicating a diverse ownership structure[12] Other Financial Metrics - The company's gross profit margin decreased slightly, with operating costs rising to ¥924,524,359.19, a 31.42% increase year-over-year, driven by higher sales volume[10] - The weighted average return on equity was reported at 3.79%, down 2.77% from the previous year[5] - Basic and diluted earnings per share were both ¥0.94, down from ¥1.18 in the same period last year, indicating a decrease of about 20.3%[20] - Other comprehensive income for Q3 2022 was CNY 5,995,518.43, recovering from a loss of CNY 1,095,173.02 in the same quarter last year[19] - The company reported a financial asset impairment loss of CNY 1,647,558.29, which was higher than the previous year's loss of CNY 1,410,899.66[19]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥724,904,106.75, representing a 45.10% increase compared to ¥499,601,754.17 in the same period last year[24]. - The net profit attributable to shareholders was ¥46,477,291.15, a 5.63% increase from ¥44,000,346.13 in the previous year[24]. - Basic and diluted earnings per share decreased by 20.55% to ¥0.58 from ¥0.73 in the previous year[24]. - The total assets at the end of the reporting period were ¥981,993,322.48, down 7.83% from ¥1,065,470,766.02 at the end of the previous year[24]. - The net assets attributable to shareholders decreased by 6.27% to ¥741,009,988.75 from ¥790,613,777.84 at the end of the previous year[24]. - The weighted average return on net assets decreased to 5.58% from 11.78% in the previous year, a decline of 6.20%[24]. - The company's gross profit amounted to 90.36 million yuan, with a gross margin of 12.46%, down 4.79 percentage points from the previous year[33]. - Operating costs increased by 53.49% to ¥634.55 million, driven by the significant growth in sales revenue during the same period[110]. - Research and development investment surged by 125.24% to ¥9.97 million, reflecting the company's commitment to enhancing its R&D capabilities amid chip shortages[110]. Cash Flow and Dividends - The net cash flow from operating activities was -¥130,378,817.00, a significant decline of 265.17% compared to -¥35,703,645.95 in the same period last year[24]. - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company reported a net cash flow from operating activities of -¥130.38 million, a decline of 265.17% compared to the previous year, primarily due to the dual impact of the pandemic and efforts to stabilize material supply[110]. Market and Industry Trends - The IT service market in China is expected to exceed 1 trillion yuan by the end of 2022, with a growth rate close to 12.6%[34]. - The data center market in China is projected to maintain a high growth rate, with revenues reaching approximately 150 billion yuan in 2021, reflecting a compound annual growth rate of 30.69% over the past three years[37]. - The overall IDC market in China reached 301.27 billion CNY in 2021, with a year-on-year growth of 34.6%[61]. - The public cloud market has maintained a rapid growth rate of over 50% since 2015, with an expected average annual growth rate of over 35% in the next five years[76]. - The company anticipates significant demand in the computing power infrastructure market driven by developments in mobile internet and the metaverse[140]. Risks and Challenges - The company faces risks including global economic downturn, trade friction, rising costs, and uncertainties in the internet industry due to policy impacts[4]. - The company is addressing risks related to global economic downturns by implementing long-term pandemic prevention measures and exploring business opportunities[139]. - The company is facing rising costs due to increasing labor expenses and supply chain disruptions, and is focusing on talent acquisition and training to enhance efficiency[139]. Strategic Initiatives - The company plans to strengthen internal management and deepen cooperation with upstream and downstream partners to improve performance amid ongoing pandemic challenges[33]. - The company is focusing on expanding its service capabilities and customer base in the computing infrastructure service sector[32]. - The company aims to build a global delivery system to cover major network nodes and improve localized service capabilities[141]. - The company plans to deepen its infrastructure operation and management services, enhancing data center resource allocation capabilities[142]. Subsidiaries and Investments - The company reported a total revenue of 16,359.50 million CNY and a net profit of 673.13 million CNY for its subsidiary YK Technology (Tianjin) Co., Ltd. during the reporting period[138]. - The subsidiary YK Technology (Hainan) Co., Ltd. contributed 9,572.82 million CNY in revenue and approximately 465.03 million CNY in profit since its establishment[138]. - The company has established two wholly-owned subsidiaries during the reporting period, including YK Technology (Hainan) Co., Ltd. and Rongsheng High Tech Malaysia Sdn. Bhd., which is yet to commence operations[138]. Shareholding and Corporate Governance - The total number of ordinary shareholders at the end of the reporting period is 11,338[187]. - Major shareholder Xu Jiang holds 40.75% of shares, totaling 32,596,478 shares[187]. - The company did not experience any significant changes in shareholding structure during the reporting period[183]. - The company emphasizes compliance with laws and regulations, maintaining a strong internal control and risk prevention system[155]. - The company is committed to protecting investor rights by ensuring timely and quality information disclosure[155]. Future Outlook - The company anticipates continued growth driven by increasing data computation and storage needs, supported by favorable policies and technological advancements[99]. - The company recognizes the strategic importance of the digital economy as outlined in the national "14th Five-Year Plan," which is expected to foster industry growth[141].

[Key Financial Data](index=1&type=section&id=Item%20I.%20Key%20Financial%20Data) This section presents the company's key financial performance indicators, non-recurring gains and losses, and a detailed analysis of significant changes in the balance sheet, income statement, and cash flow statement for the reporting period [Key Accounting Data and Financial Indicators](index=1&type=section&id=Item%20I.(I)%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2022, the company's operating revenue grew by 11.39% year-over-year, but net profit attributable to parent company shareholders decreased by 28.56%, with a significant outflow in net cash flow from operating activities, declining over 1000% year-over-year, indicating considerable pressure on working capital Q1 2022 Key Financial Indicators | Indicator | Current Period | Prior Year Period | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 293,312,547.96 | 263,320,311.42 | 11.39% | | Net Profit Attributable to Shareholders (CNY) | 17,148,361.84 | 24,003,621.62 | -28.56% | | Net Cash Flow from Operating Activities (CNY) | -148,482,238.59 | -13,243,598.38 | -1,021.16% | | Basic Earnings Per Share (CNY/share) | 0.21 | 0.40 | -47.50% | | Weighted Average Return on Net Assets | 2.15% | 6.59% | -4.44% | | Total Assets (CNY) | 1,029,380,899.08 | - | -3.39% (vs. Year-End Last Year) | | Shareholders' Equity Attributable to Parent Company (CNY) | 806,623,018.45 | - | 2.02% (vs. Year-End Last Year) | [Non-Recurring Gains and Losses Items and Amounts](index=2&type=section&id=Item%20I.(II)%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, the company's net non-recurring gains and losses amounted to **CNY 245,200**, primarily comprising government subsidies and minor losses from fixed asset disposals Q1 2022 Non-Recurring Gains and Losses Details | Item | Amount (CNY) | Description | | :--- | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | -31,321.63 | Disposal of fully depreciated fixed assets with no use value | | Government Subsidies Included in Current P&L | 327,497.13 | Mainly government subsidies received by second-tier subsidiary Singapore Technology | | Less: Income Tax Impact | 50,976.27 | - | | **Total** | **245,199.23** | - | [Analysis of Major Financial Indicator Changes](index=2&type=section&id=Item%20I.(III)%20Analysis%20of%20Major%20Financial%20Indicator%20Changes) During the reporting period, several financial indicators showed significant changes due to the pandemic, chip shortages, and adjustments in cash management strategies, with substantial increases in prepayments and inventory, a surge in short-term borrowings, rising R&D and financial expenses, and intensified operating cash outflows [Balance Sheet Item Changes Analysis](index=2&type=section&id=Balance%20Sheet%20Item%20Changes%20Analysis) The balance sheet indicates that to counter the pandemic and chip shortages, the company increased capital reserves and prepayments, leading to **60.35%**, **99.50%**, and **79.33%** growth in monetary funds, prepayments, and inventory, respectively, while short-term borrowings surged by **267.28%**, and financial assets held for trading and notes payable were fully redeemed or settled - Due to the pandemic and chip shortages, some manufacturers required upfront payments before production, leading to a **99.50% increase in prepayments** and a **267.28% increase in short-term borrowings** to reserve funds[7](index=7&type=chunk) - Financial assets held for trading, used for cash management in the prior year, were redeemed this period, resulting in a **100% decrease** in this item and a corresponding **60.35% increase in monetary funds**[7](index=7&type=chunk) - Inventory increased by **79.33%** from the beginning of the year, primarily due to logistics disruptions caused by the pandemic, with some purchased products still in transit[7](index=7&type=chunk) [Income Statement Item Changes Analysis](index=2&type=section&id=Income%20Statement%20Item%20Changes%20Analysis) The income statement reveals the company's continued increase in R&D investment, with R&D expenses growing by **84.38%** year-over-year, while financial expenses surged by **173.10%** due to higher exchange gains in the prior period, and investment income of approximately **CNY 1.6 million** was generated from cash management products Major Income Statement Changes | Item | Jan-Mar 2022 (CNY) | Jan-Mar 2021 (CNY) | Change (%) | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | R&D Expenses | 3,961,871.67 | 2,148,763.08 | 84.38% | Company continuously increased R&D investment | | Financial Expenses | 963,490.81 | -1,318,134.25 | 173.10% | Higher exchange gains in prior period, reduced this period due to RMB appreciation | | Investment Income | 1,599,729.82 | 0.00 | 100.00% | Income from purchasing cash management products | [Cash Flow Statement Item Changes Analysis](index=3&type=section&id=Cash%20Flow%20Statement%20Item%20Changes%20Analysis) The cash flow statement indicates a significant **CNY 148 million** net cash outflow from operating activities, a **1021.16% year-over-year decrease**, primarily due to pandemic and chip shortage impacts, changes in procurement payment terms, and bill settlements, while investment activities saw a **CNY 210 million** net inflow from matured wealth management products, and financing activities increased by **529.02%** year-over-year due to increased interest-bearing debt to address market changes Major Cash Flow Statement Changes | Item | Jan-Mar 2022 (CNY) | Jan-Mar 2021 (CNY) | Change (%) | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -148,482,238.59 | -13,243,598.38 | -1021.16% | Impact of pandemic and chip shortages, manufacturers requiring prepayments, and maturity of bills | | Net Cash Flow from Investing Activities | 209,981,241.00 | -15,843.82 | 1325419.53% | Mainly due to redemption of matured financial assets held for trading | | Net Cash Flow from Financing Activities | 81,628,354.11 | 12,977,063.40 | 529.02% | Increased interest-bearing debt to cope with pandemic and supply shortages | [Shareholder Information](index=3&type=section&id=Item%20II.%20Shareholder%20Information) This section details the company's shareholder structure, including the total number of common shareholders, the top ten shareholders' holdings, and their relationships, highlighting the concentrated ownership [Shareholding Status of Shareholders](index=3&type=section&id=Item%20II.(I)%20Total%20Number%20of%20Common%20Shareholders%20and%20Voting%20Rights%20Restored%20Preferred%20Shareholders%20and%20Top%20Ten%20Shareholders%27%20Shareholding%20Status%20Table) As of the end of the reporting period, the company had **12,406 common shareholders**, with controlling shareholder Xu Jiang holding **40.75%**, and the top ten shareholders, all holding restricted shares, collectively owning over **75%**, indicating a relatively concentrated equity structure with some related party or concerted action relationships among shareholders - As of the end of the reporting period, the company had a total of **12,406 common shareholders**[9](index=9&type=chunk) Top Five Shareholders' Shareholding Status | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | :--- | | Xu Jiang | Domestic Natural Person | 40.75% | 32,596,478 | | Tianjin Xiangyuanshun Chang Enterprise Management Consulting Center (Limited Partnership) | Domestic Non-State-Owned Legal Person | 11.90% | 9,518,698 | | Tianjin Hengmaoyisheng Enterprise Management Consulting Center (Limited Partnership) | Domestic Non-State-Owned Legal Person | 10.32% | 8,252,914 | | Gu Guilin | Domestic Natural Person | 3.33% | 2,663,210 | | Tianjin Tianyouyongxu Enterprise Management Consulting Center (Limited Partnership) | Domestic Non-State-Owned Legal Person | 2.07% | 1,658,671 | - The company's actual controller, Xu Jiang, through direct shareholding and controlled partnerships, forms concerted action or related party relationships with multiple shareholders, exerting strong control over the company[11](index=11&type=chunk) [Quarterly Financial Statements](index=4&type=section&id=Item%20IV.%20Quarterly%20Financial%20Statements) This section provides the company's unaudited consolidated balance sheet, income statement, and cash flow statement for the first quarter of 2022, offering a comprehensive overview of its financial position, operating results, and cash flows [Financial Statements](index=4&type=section&id=Item%20IV.(I)%20Financial%20Statements) This section presents the company's unaudited consolidated balance sheet, income statement, and cash flow statement for Q1 2022, comprehensively reflecting its financial position, operating results, and cash flows for the reporting period [Consolidated Balance Sheet](index=4&type=section&id=1.%20Consolidated%20Balance%20Sheet) As of March 31, 2022, the company's total assets were **CNY 1.029 billion**, a **3.39% decrease** from the beginning of the year; total liabilities were **CNY 223 million**, an **18.96% decrease**; and shareholders' equity attributable to the parent company was **CNY 807 million**, a **2.02% increase** Major Balance Sheet Items | Item | Period-End Balance (CNY) | Year-Beginning Balance (CNY) | | :--- | :--- | :--- | | Total Assets | 1,029,380,899.08 | 1,065,470,766.02 | | Total Liabilities | 222,757,880.63 | 274,856,988.18 | | Total Equity Attributable to Parent Company | 806,623,018.45 | 790,613,777.84 | [Consolidated Income Statement](index=7&type=section&id=2.%20Consolidated%20Income%20Statement) In Q1 2022, the company achieved **CNY 293 million** in operating revenue, an **11.39% year-over-year increase**, with total operating costs of **CNY 274 million**, a **17.34% increase**, leading to a net profit attributable to parent company shareholders of **CNY 17.1484 million**, a **28.56% year-over-year decrease**, due to cost growth outpacing revenue and increased expenses Major Income Statement Items | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 293,312,547.96 | 263,320,311.42 | | Total Operating Costs | 274,493,028.04 | 233,923,505.18 | | Total Profit | 20,204,076.76 | 29,281,067.64 | | Net Profit | 17,148,361.84 | 24,003,621.62 | | Basic Earnings Per Share | 0.21 | 0.40 | [Consolidated Cash Flow Statement](index=9&type=section&id=3.%20Consolidated%20Cash%20Flow%20Statement) In Q1 2022, net cash flow from operating activities was a significant outflow of **CNY 148 million** year-over-year; investing activities generated a **CNY 210 million** net inflow from wealth management product redemptions; and financing activities resulted in a **CNY 82 million** net inflow due to increased borrowings, with the period-end cash and cash equivalents balance at **CNY 359 million**, an increase of **CNY 142 million** from the beginning of the period Major Cash Flow Statement Items | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -148,482,238.59 | -13,243,598.38 | | Net Cash Flow from Investing Activities | 209,981,241.00 | -15,843.82 | | Net Cash Flow from Financing Activities | 81,628,354.11 | 12,977,063.40 | | Net Increase in Cash and Cash Equivalents | 142,024,384.07 | 421,578.67 | | Period-End Balance of Cash and Cash Equivalents | 358,780,896.55 | 185,861,406.24 | - The company's Q1 2022 financial report is unaudited[24](index=24&type=chunk) [Audit Information](index=11&type=section&id=Audit%20Report) The company's Q1 2022 report is unaudited - The company's first-quarter report is unaudited[24](index=24&type=chunk)

Financial Performance - The company's revenue for Q1 2022 was CNY 293,312,547.96, representing an increase of 11.39% compared to CNY 263,320,311.42 in the same period last year[4] - Net profit attributable to shareholders decreased by 28.56% to CNY 17,148,361.84 from CNY 24,003,621.62 year-on-year[4] - Basic and diluted earnings per share fell by 47.50% to CNY 0.21 from CNY 0.40 in the same quarter last year[4] - Total operating revenue for Q1 2022 was CNY 293,312,547.96, an increase of 11.4% compared to CNY 263,320,311.42 in Q1 2021[16] - Net profit for Q1 2022 was CNY 3,055,714.92, a decrease of 82.1% from CNY 17,148,361.84 in Q1 2021[18] - The company reported a comprehensive income total of CNY 16,009,240.61, down from CNY 24,349,977.36 in Q1 2021[19] Cash Flow - The net cash flow from operating activities was negative at CNY -148,482,238.59, a decline of 1,021.16% compared to CNY -13,243,598.38 in the previous year[4] - Cash generated from operating activities was CNY 362,033,165.10, compared to CNY 287,082,984.22 in the same quarter last year, reflecting a growth of 26.1%[20] - The net cash flow from investing activities increased by 1,325,419.53% to 209,981,241.00 RMB primarily due to the redemption of financial assets[9] - The net cash flow from financing activities increased by 529.02% to 81,628,354.11 RMB as the company increased interest-bearing debt to cope with supply chain issues[9] - Total cash inflow from investment activities was 213,799,515.31 CNY, while cash outflow was 3,818,274.31 CNY, resulting in a net cash flow of 209,981,241.00 CNY[21] - Cash inflow from financing activities amounted to 149,774,449.29 CNY, with cash outflow totaling 68,146,095.18 CNY, leading to a net cash flow of 81,628,354.11 CNY[22] - The total cash and cash equivalents at the end of the period reached 358,780,896.55 CNY, up from 216,756,512.48 CNY at the beginning of the period[22] Assets and Liabilities - Total assets decreased by 3.39% to CNY 1,029,380,899.08 from CNY 1,065,470,766.02 at the end of the previous year[4] - Total liabilities amounted to CNY 222,757,880.63, a decrease of 18.9% from CNY 274,856,988.18 in the previous year[15] - Total equity attributable to shareholders was CNY 806,623,018.45, an increase from CNY 790,613,777.84 year-over-year[15] Operational Challenges - The company experienced a 79.33% increase in inventory, reaching CNY 96,448,802.15, attributed to logistics disruptions caused by the pandemic[7] - The company reported a 267.28% increase in short-term loans, rising to CNY 113,640,715.62 from CNY 30,940,842.14, reflecting increased funding needs due to supply chain challenges[7] - The net cash flow from operating activities decreased by 1,021.16% to -148,482,238.59 RMB due to the impact of the pandemic and chip shortages[9] - The company reported a significant increase in cash outflow for purchasing goods and services, which rose to 426,765,659.60 CNY from 226,656,185.86 CNY year-over-year[21] Research and Development - Research and development expenses increased by 84.38% to CNY 3,961,871.67 compared to CNY 2,148,763.08 in Q1 2021, indicating a focus on innovation[7] - Research and development expenses increased to CNY 3,961,871.67, representing a 84.5% rise from CNY 2,148,763.08 in the previous year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,406[9] - The top shareholder, Xu Jiang, holds 40.75% of the shares, totaling 32,596,478 shares[9] - The company has no preferred shareholders or significant changes in restricted shares[11] Miscellaneous - The company did not conduct an audit for the first quarter report[23] - The impact of exchange rate fluctuations on cash and cash equivalents was -1,102,972.45 CNY[22] - Employee compensation payments increased to 73,826,125.32 CNY, compared to 61,110,788.32 CNY in the previous year[21] - The company's financial expenses included interest expenses of CNY 1,276,022.53, which increased from CNY 862,847.48 in the previous year[16]