证券代码： 301137 证券简称：哈焊华通 哈焊所华通(常州)焊业股份有限公司 投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |-------------------------|-------------------------------------------------------------------------------|---------------------------------------------------------------------| | 投资者关系活动类别 \n | √特定对象调研 □ \n□ 媒体采访 □ \n□ 新闻发布会 □ \n□ 现场参观 \n□ 其他 | 分析师会议 \n 业绩说明会 \n 路演活动 \n（请文字说明其他活动内容） | | 参与单位名称及人员 姓名 | OLP Capital | | | 时间 2022 | 年 5 月 25 日 | (周三 ) | | 地点 | 线上会议 | | | 上市公司接待人员姓 名 | 财务总监、董事会秘书（代行）： 副总经理： 李振华 | 傅海峰 | | 投资者关系活动 ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2022, with total revenue reaching RMB 500 million, representing a year-on-year growth of 15%[18]. - The company's operating revenue for the reporting period was ¥757,085,836.21, a decrease of 7.33% compared to the same period last year[25]. - The net profit attributable to shareholders was ¥20,080,720.41, reflecting a decline of 52.12% year-over-year[25]. - The net profit after deducting non-recurring gains and losses was ¥13,635,554.30, down 66.05% from the previous year[25]. - The basic earnings per share decreased by 58.06% to ¥0.13[25]. - The weighted average return on equity dropped to 2.39%, down 5.02 percentage points from the previous year[25]. - The company's revenue for the reporting period was ¥757,085,836.21, a decrease of 7.33% compared to ¥816,978,726.53 in the previous year, primarily due to reduced demand in certain industries and increased supply of ordinary welding wire from upstream steel mills[58]. - The company's gross profit margin for welding wire was 7.07%, down 5.16% from the previous year, with revenue from welding wire decreasing by 11.21%[60]. - The company reported a total comprehensive income for the period of 45.595 million, a decrease of 3.6% compared to the previous year[185]. - The total revenue for the current period is 1,916.31 million yuan, marking a growth compared to the previous year[188]. - The net profit for the current period is 53.52 million yuan, reflecting a healthy profit margin[190]. Market Presence and Strategy - User data showed an increase in active customers, with the number rising to 200,000, a 20% increase compared to the previous half-year[18]. - The company plans to expand its market presence in Southeast Asia, targeting a 5% market share by the end of 2023[18]. - The company is actively exploring potential mergers and acquisitions to enhance its competitive position in the industry[18]. - The company plans to expand into the mid-to-high-end welding materials market and actively pursue overseas market opportunities[56]. - The company aims to expand its market presence in photovoltaic, rail transportation, and construction machinery sectors[95]. - The company is focused on expanding its market presence and enhancing product development strategies in the upcoming quarters[192]. - The company has established partnerships with leading firms across various industries, enhancing its brand recognition and market penetration[52]. Research and Development - Investment in R&D has increased by 25%, with a focus on developing new welding technologies and materials to enhance product offerings[18]. - The company is focused on enhancing its research and development capabilities and attracting high-end talent to ensure product upgrades meet expectations[90]. - The company has developed over 100 types of welding materials, including products for nuclear power and pipeline engineering, with some technologies at the domestic leading and international advanced levels[43]. - Research and development investment increased by 3.55% to ¥24,788,623.55, reflecting the company's commitment to enhancing product quality and innovation[58]. - The company is actively expanding its product development in clean energy sectors such as nuclear power, hydrogen energy, and wind power, aligning with national carbon neutrality goals[45]. Financial Health and Management - The company remains committed to maintaining a strong balance sheet, with a current ratio of 2.5, indicating good short-term financial health[18]. - The company's total assets increased by 40.38% to ¥2,074,178,002.85 compared to the end of the previous year[26]. - The net assets attributable to shareholders rose by 103.54% to ¥1,268,620,699.18[26]. - The company has no financial debts reported during the period[68]. - The company has maintained normal operation of its environmental protection facilities, ensuring that all treated emissions meet the required standards[107]. - The company has a valid pollutant discharge permit, with the latest issued on September 15, 2023, by the local environmental authority[109]. Environmental Responsibility - The company reported a total wastewater discharge of 681 tons per annum and domestic sewage of 2,629 tons per annum, both of which meet the relevant discharge standards[107]. - The company achieved a total of 1.439 tons per annum of organized waste gas emissions and 0.954 tons per annum of sulfuric acid mist emissions, all within regulatory limits[107]. - The company has implemented advanced waste gas treatment facilities, including bag dust collectors and secondary spray smoke removal towers, ensuring compliance with emission standards[107]. - The company has established a comprehensive waste management system, with solid waste being processed by qualified units, achieving zero leakage and secondary pollution[107]. - The company has taken measures to reduce carbon emissions by equipping necessary environmental protection devices and ensuring their proper operation[106]. Shareholder Information and IPO - The company successfully listed on the Shenzhen Stock Exchange's Growth Enterprise Market on March 22, 2022, which has enabled it to expand its product range and enhance market share[56]. - The total amount of funds raised by the company was RMB 640.98 million, with a net amount of RMB 640.98 million after deducting issuance costs[75]. - The company raised a total of RMB 698.62 million from its initial public offering, with a net amount of RMB 640.98 million after deducting issuance costs, and an excess fundraising amount of RMB 78.14 million[78]. - The company completed its initial public offering (IPO) by issuing 45,453,400 shares at a price of 15.37 RMB per share, raising a total of approximately 700 million RMB[150]. - The company's ownership structure post-IPO includes 50.51% held by state-owned entities and 49.49% by other domestic investors[142]. Operational Challenges - Risk factors identified include fluctuations in raw material prices and uncertainties in international trade, which could impact future performance[3]. - The company is facing increased market competition due to an oversupply in the ordinary welding materials market[91]. - The company experienced a decline in demand from the container and petrochemical industries compared to the same period last year, impacting overall performance[95]. - The company has implemented a cautious procurement strategy to manage raw material price volatility and reduce costs[92]. - The company is actively monitoring international trade conditions and currency exchange policies to mitigate risks associated with foreign sales[94].

Financial Performance - The company's operating revenue for 2021 was ¥1,715,578,619.42, representing a 25.89% increase compared to ¥1,362,737,745.48 in 2020[18]. - The net profit attributable to shareholders for 2021 was ¥76,916,319.18, a decrease of 3.05% from ¥79,332,610.25 in 2020[18]. - The net cash flow from operating activities was -¥58,268,900.25, a decline of 138.69% compared to ¥150,593,618.56 in 2020[18]. - The total assets at the end of 2021 amounted to ¥1,477,563,467.74, an increase of 8.37% from ¥1,363,396,388.16 at the end of 2020[18]. - The net assets attributable to shareholders increased by 14.59% to ¥623,288,686.37 at the end of 2021 from ¥543,924,107.61 at the end of 2020[18]. - The basic earnings per share for 2021 was ¥0.56, down 3.45% from ¥0.58 in 2020[18]. - The company achieved a production volume of 192,200 tons in 2021, representing an 18.99% year-over-year increase, and a sales volume of 184,900 tons, which is a 10.65% increase[57]. - The total operating revenue for 2021 reached ¥1,715,578,619.42, marking a 25.89% increase compared to the previous year, primarily due to rising sales prices[58]. - Operating profit for the year was ¥82,359,700, reflecting a 6.88% decrease year-over-year, attributed to reduced gross margins[57]. - The company’s research and development expenses increased by 21.45% to ¥52,419,333.20, indicating a commitment to enhancing product development capabilities[58]. Dividend Policy - The company plans to distribute a cash dividend of 0.85 RMB per 10 shares to all shareholders, based on a total share capital of 181,813,400 shares[6]. - The proposed cash dividend is CNY 0.85 per 10 shares (before tax), with a total cash dividend amounting to CNY 15,454,139.00, representing 100% of the profit distribution[162]. - The company plans to distribute at least 10% of the distributable profit as cash dividends annually, with a minimum of 80% for mature stages without significant capital expenditures[159]. - The total distributable profit for the year was CNY 114,115,678.88, indicating a strong capacity for dividend distribution[162]. Risk Management - The company acknowledges potential risks including technology innovation not meeting expectations, market competition, raw material price fluctuations, and uncertainties in international trade[6]. - The company has not reported any significant risks affecting its normal operations[6]. - The company has established a comprehensive risk management strategy to address potential challenges in its operations[6]. - The company is facing challenges with a relatively single financing channel, which may hinder its ability to support rapid expansion and product development[56]. - The company reports that over 80% of its costs are attributed to raw materials, making it vulnerable to price fluctuations in the commodity market[110]. - The company is actively monitoring international trade developments and currency policies to mitigate risks associated with exchange rate fluctuations[111]. Research and Development - The company is focused on expanding its market presence and enhancing its product offerings through new technologies and innovations[6]. - The company is actively pursuing research and development initiatives to enhance its product portfolio and maintain competitive advantages[6]. - The R&D team consists of 99 technical personnel, accounting for 11.17% of total employees, with core technical staff having over 10 years of experience[49]. - The company emphasizes R&D investment, continuously launching new products to meet changing customer demands and market trends[51]. - The company is currently developing several high-end welding materials and technologies aimed at enhancing its core competitiveness in the market[79]. - Research and development investments increased by 30%, totaling $15 million, to support new technology advancements[137]. Market Position and Strategy - The company is focusing on high-end and refined product development in response to the increasing demand for advanced welding materials in high-end manufacturing and new energy industries[28]. - The company has established itself as a leading player in the domestic welding materials industry, participating in the formulation of 14 national standards and multiple industry standards[32]. - The company has a stable customer base, including major clients like China National Chemical Corporation and ThyssenKrupp, which reinforces its market position[33]. - The company aims to enhance the quality of welding materials and promote industry transformation towards high-end development[28]. - The company is integrating new and old industries by developing specialized welding materials for high-temperature, low-temperature, and corrosion-resistant applications, addressing significant market gaps[34]. - The company is focusing on automation and intelligent production processes to enhance efficiency, reduce costs, and improve product quality, with automated production lines leading to more stable quality and superior feeding performance[29]. Environmental Compliance - The company has implemented necessary environmental protection equipment to ensure compliance with emission standards, achieving normal operation and compliance in waste gas and wastewater treatment[172]. - The main pollutants emitted by the company include 1.439 tons of smoke (dust) and 0.954 tons of sulfuric acid mist annually, with all emissions meeting regulatory standards[173]. - The company’s wastewater treatment facility achieves 100% reuse of production wastewater, ensuring compliance with urban sewage discharge standards[173]. - The company has established a closed-loop system for solid waste management, ensuring zero leakage and no secondary pollution[173]. - The company has taken measures to reduce carbon emissions, including the installation of soundproofing and vibration reduction systems in production areas[172]. - The company has no administrative penalties related to environmental issues during the reporting period[172]. Governance and Management - The company operates independently with a complete personnel management system, ensuring that senior management does not hold positions in related enterprises, maintaining a clear separation from the controlling shareholder[120]. - The company has established an independent financial accounting system, allowing for autonomous financial decision-making and management, with no shared bank accounts with the controlling shareholder[121]. - The company maintains a complete and independent business operation system, directly engaging in procurement, production, and sales without reliance on the controlling shareholder[123]. - The company has a structured governance framework, including a shareholders' meeting, board of directors, and supervisory board, ensuring independent decision-making[122]. - The company has a clear governance structure with defined roles and responsibilities for its board members and executives, promoting accountability[126]. - The company has a strong leadership team with extensive experience in the welding industry, including key figures such as Yang Yuting and Zhou Quanfa[129][130][131]. Employee Relations - The total number of employees at the end of the reporting period is 886, with 605 in production, 78 in sales, 99 in technical roles, 16 in finance, and 88 in administration[151]. - The company has no retired employees requiring pension expenses, indicating a fully active workforce[152]. - The educational background of employees includes 22 with postgraduate degrees, 100 with bachelor's degrees, 86 with associate degrees, and 678 with education below associate level[152]. - The company adheres to a scientific and reasonable salary policy, ensuring fair, competitive, and motivating compensation based on employee contributions and local market conditions[153]. - The company emphasizes effective employee incentive mechanisms to align with its development strategy and goals[153]. Legal Matters - The company is involved in a lawsuit with a claimed amount of 2,061,454 CNY (approximately 206.15 million CNY) related to a sales contract dispute[190]. - The company has a significant arbitration case with a claimed amount of 118.71 million CNY, which is currently in progress[191]. - The company has approved a major related party transaction to acquire land use rights and buildings from Harbin Weide Welding Automation System Engineering Co., Ltd., with an assessed value of 10.97 million CNY[199].

Revenue and Profit - Revenue for Q1 2022 was CNY 339,677,200.34, a slight increase of 1.06% compared to CNY 336,119,068.58 in the same period last year[3] - Net profit attributable to shareholders decreased by 52.78% to CNY 8,537,306.42 from CNY 18,079,327.59 year-on-year[3] - Total operating revenue for Q1 2022 was CNY 339,677,200.34, a slight increase of 0.5% compared to CNY 336,119,068.58 in the same period last year[22] - Net profit for Q1 2022 was CNY 8,537,306.42, a decrease of 52.7% compared to CNY 18,079,327.59 in Q1 2021[24] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.05, down from CNY 0.13 in the previous year[24] Cash Flow - The net cash flow from operating activities improved by 30.51%, reaching CNY -91,897,005.93 compared to CNY -132,238,051.49 in the previous year[3] - Cash inflow from operating activities was CNY 242,574,669.04, an increase from CNY 229,618,047.61 in the same period last year[24] - Cash outflow from operating activities totaled CNY 334,471,674.97, compared to CNY 361,856,099.10 in Q1 2021[24] - The net cash flow from operating activities was -91,897,005.93 CNY, an improvement from -132,238,051.49 CNY in the previous period[25] - The net cash flow from investing activities was -42,338,756.03 CNY, compared to -2,629,314.91 CNY in the previous period[25] - The net cash flow from financing activities was 738,143,811.89 CNY, significantly higher than 50,476,107.51 CNY in the previous period[25] - The total cash and cash equivalents at the end of the period reached 746,018,794.04 CNY, up from 100,148,257.96 CNY in the previous period[25] - The company received 657,950,042.88 CNY from investment absorption during the financing activities[25] - The cash inflow from borrowings was 109,849,948.50 CNY, compared to 76,474,000.00 CNY in the previous period[25] - The cash outflow for debt repayment was 26,751,400.00 CNY, slightly increased from 24,970,000.00 CNY in the previous period[25] - The impact of exchange rate changes on cash and cash equivalents was a positive 227,990.54 CNY[25] - The company’s cash flow from financing activities showed a substantial increase, indicating strong capital raising efforts[25] Assets and Liabilities - Total assets increased by 37.96% to CNY 2,038,481,160.18 from CNY 1,477,563,467.74 at the end of the previous year[4] - The company reported a total asset of RMB 2,038,481,160.18 as of March 31, 2022, an increase from RMB 1,477,563,467.74 at the beginning of the year, representing a growth of approximately 37.9%[17] - The company’s total liabilities decreased to CNY 766,014,192.32 from CNY 854,274,781.37 year-on-year[20] - The company’s short-term borrowings increased to RMB 343,504,748.50 from RMB 260,695,819.55, indicating a rise of approximately 31.6%[18] - The company’s non-current assets totaled RMB 479,598,284.34, slightly up from RMB 478,834,739.62, showing a marginal increase[18] - The company’s total liabilities and equity structure reflects a healthy balance sheet with a significant increase in liquid assets[17] Shareholder Information - Shareholders' equity attributable to the parent company surged by 104.15% to CNY 1,272,466,967.86 from CNY 623,288,686.37[4] - The number of ordinary shareholders at the end of the reporting period was 28,269[10] - The company completed its initial public offering, issuing 45,453,400 shares, raising its registered capital from RMB 136,360,000 to RMB 181,813,400[15] - The total number of shares increased from 136,360,000 to 181,813,400 after the public offering, representing a 33.3% increase in total shares[15] - The company has a total of 138,703,947 shares subject to lock-up agreements, with significant portions held by major shareholders[14] Operating Costs and Margins - Total operating costs for Q1 2022 were CNY 336,222,582.65, up 6.0% from CNY 317,185,436.84 year-on-year[22] - The gross profit margin decreased, leading to a net profit decline, with the company citing reduced gross margins as a primary reason[8] Other Income and Expenses - The company received government subsidies amounting to CNY 7,133,204.40, which contributed to other income[6] - Interest expenses for Q1 2022 were CNY 3,003,562.63, up from CNY 1,631,739.75 in the same period last year[23] Audit and Reliability - The first quarter report was not audited, which may affect the reliability of the financial data presented[26]