证券代码：301268 证券简称：铭利达 深圳市铭利达精密技术股份有限公司 2023 年 8 月 2 日投资者关系活动记录表 | --- | --- | --- | --- | |---------------|---------------------------|-------------|----------------| | | | | 编号：2023-004 | | | □特定对象调研 □分析师会议 | | | | | □媒体采访 | □业绩说明会 | | | 投资者 关系活 | | | | | | □新闻发布会 √路演活动 | | | | 动类别 | | | | | | □现场参观 | | | | | □其他____ | | | | 参与单 位名称 | | | | | 及人员姓名 | 流会的投资者 | | | 时间 2023 年 8 月 2 日 下午 14:00-16:00 地点 网络互动平台："上证路演直播中心" （https://szly.cnstock.com/fbh/301268kzz#wzhd） 董事长、总经理：陶诚先生 上市公 司接待 董事、董事会秘书、财务总监：杨德诚先生 人员姓名 ...

Company Overview - Minglida is a leading enterprise in precision structural components, established in 2004, with a comprehensive process system covering multiple materials and forming methods [2]. - The company has expanded its business into photovoltaic, security, new energy vehicles, and consumer electronics sectors from 2014 to present [2][3]. - In 2023, the company expects to maintain rapid revenue growth [2]. Product and Technology - The main products in the new energy vehicle sector include structural components for the three electric systems (battery structure, motor housing, and electronic control housing) [2]. - The company is focusing on integrated die-casting technology, which is a trend in the new energy and automotive sectors, and has been collaborating with BAIC since 2019 for R&D and mass production [3][4]. - The largest die-casting machine currently has a capacity of 5000 tons [3]. Market Expansion - Future growth is anticipated to come from new customers, with a focus on overseas markets due to higher profit margins and better settlement conditions [4]. - The company has a relatively high market share in photovoltaic and energy storage sectors abroad, while domestic market share has seen significant growth recently [4][5]. - The strategic development plan centers on the new energy sector, continuously deepening relationships with leading customers [4]. Financial Performance - The company expects stable profit margins in overseas markets, benefiting from declining raw material prices and the depreciation of the RMB [5]. - The impact of exchange rate fluctuations is anticipated to be positive due to the high proportion of overseas business [5]. - The overall gross and net profit margins are expected to face pressure in the domestic market due to customer price reduction demands [5]. Production Capacity - The first phase of the Mexican plant was launched in November 2022, with the second phase under construction, aimed at meeting increasing customer demand [5]. - The management of overseas factories is more complex due to local labor protection and legal regulations, but the overall operational costs are higher than domestic [4][5]. Customer Relations - Current business growth is primarily driven by existing customers, but new customer acquisition is expected to become a major growth source in the next two to three years [4]. - The company is actively working to fill talent gaps in its overseas management team by training internal staff and attracting external talent [4].

Financial Performance - The company's operating revenue for Q1 2023 reached ¥971,384,140.29, representing a 68.46% increase compared to ¥576,615,740.22 in the same period last year, driven by increased customer orders and shipments [7]. - Net profit attributable to shareholders for Q1 2023 was ¥92,514,803.07, a 63.55% increase from ¥56,568,345.31 in Q1 2022, primarily due to the increase in revenue [7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥90,510,218.88, reflecting a 62.41% increase from ¥55,728,287.40 in the previous year [7]. - Basic earnings per share for Q1 2023 was ¥0.23, up 43.75% from ¥0.16 in Q1 2022, attributed to profit growth [7]. - Total comprehensive income for the current period is 91,833,736.92 CNY, compared to 56,639,329.69 CNY in the previous period, indicating an increase of approximately 62.1% [44]. Assets and Liabilities - The total assets at the end of Q1 2023 amounted to ¥4,793,260,819.46, compared to ¥4,690,198,760.51 at the beginning of the period [9]. - The total liabilities as of the end of Q1 2023 were ¥2,487,427,913.10, slightly up from ¥2,477,641,356.86 at the beginning of the period [9]. - Shareholders' equity attributable to the parent company was CNY 2,305,832,906.36, up 4.22% from CNY 2,212,557,403.65 at the end of the last year [32]. - The total current assets at the end of the period are 2,936,460,502.94 CNY, slightly up from 2,902,442,470.44 CNY at the beginning of the year [48]. Cash Flow - Cash and cash equivalents at the end of Q1 2023 were ¥424,660,336.36, down from ¥1,095,623,722.67 at the beginning of the period, indicating a net decrease of ¥305,411,495.70 [10]. - The net cash flow from operating activities was negative CNY 194,039,160.00, worsening by 25.25% compared to negative CNY 154,923,309.49 in the previous year [32]. - Cash flow from operating activities shows a net outflow of -194,039,160.00 CNY, worsening from -154,923,309.49 CNY in the previous period [46]. - The cash and cash equivalents decreased to 559,021,142.23 CNY from 827,177,565.56 CNY at the beginning of the year, a decline of approximately 32.5% [48]. Expenses - Total operating costs amounted to ¥863,848,361.58, up from ¥510,267,399.62 in the prior period, reflecting a rise of about 69.2% [51]. - Research and development expenses surged to ¥45,896,261.41, compared to ¥19,929,297.70 in the previous period, indicating an increase of approximately 130.0% [51]. - Financial expenses increased to ¥10,342,108.67 from ¥4,725,089.45, marking a rise of about 118.0% [51]. - Sales expenses rose to ¥5,629,479.53 from ¥4,399,747.86, representing an increase of approximately 28.0% [51]. - Management expenses increased significantly to ¥31,801,394.19 from ¥16,800,313.36, indicating an increase of about 89.0% [51]. Government Support and Non-Recurring Items - The company reported a government subsidy of ¥1,950,978.18 during the period, contributing positively to the financial results [2]. - Non-operating income and expenses, excluding the aforementioned items, resulted in a net loss of ¥105,919.27 [2]. - The company has not identified any non-recurring gains or losses that should be classified as regular income [18]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 8,960 [36]. - The top ten shareholders include significant institutional investors, indicating strong institutional interest in the company [37]. Future Prospects - The company has submitted an application to issue convertible bonds to unspecified objects, pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [38]. - The company achieved a notable increase in operating revenue, highlighting strong market performance and potential for future growth [52].

Financial Performance - The company reported a net profit of -154,923,309.49 RMB for the year, indicating a significant loss compared to the previous year [18]. - The cash flow from operating activities was -128,951,529.13 RMB, reflecting a decline in operational efficiency [18]. - The company's operating revenue for 2022 was ¥3,218,952,045.88, representing a 75.16% increase compared to ¥1,837,744,543.64 in 2021 [51]. - The net profit attributable to shareholders for 2022 was ¥402,956,585.48, a significant increase of 171.93% from ¥148,182,074.62 in 2021 [51]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥336,355,863.49, up 142.52% from ¥138,692,235.38 in 2021 [51]. - The company's total assets at the end of 2022 reached ¥4,690,198,760.51, an increase of 118.83% from ¥2,143,291,951.83 at the end of 2021 [51]. - The net assets attributable to shareholders at the end of 2022 were ¥2,212,557,403.65, reflecting a 177.30% increase from ¥797,903,953.92 at the end of 2021 [51]. - The basic and diluted earnings per share for 2022 were both ¥1.03, representing a 151.22% increase from ¥0.41 in 2021 [51]. - The net cash flow from operating activities for 2022 was ¥23,268,055.85, a decrease of 79.44% compared to ¥113,198,889.62 in 2021 [51]. - The weighted average return on equity for 2022 was 23.14%, an increase of 2.53% from 20.61% in 2021 [51]. Business Operations - The company has a total of 6 wholly-owned subsidiaries, indicating a stable structure for market operations [11]. - The company specializes in precision structural components and molds, with over 50% of its revenue derived from the metal products sector, indicating its primary business focus [41]. - The company has established different product divisions to achieve scale production and specialized management, enhancing product quality and delivery stability [79]. - The company employs outsourcing for certain processes based on capacity constraints and customer specifications, including simple processing operations and customer-designated outsourcing [80]. - The company has established a comprehensive supplier management system for external processing vendors, conducting annual assessments based on quality, delivery, pricing, and service levels [161]. - The company offers a diverse range of precision structural components, including metal and plastic parts, utilizing various forming techniques to meet the needs of clients in sectors such as photovoltaic, energy storage, and consumer electronics [162]. Market Position and Growth - The company has been recognized as one of the top 500 manufacturing enterprises in Guangdong Province, reflecting its strong market position and operational capabilities [50]. - The precision structural components manufacturing industry is closely tied to the demand from downstream sectors such as photovoltaic, energy storage, and new energy vehicles, which are experiencing robust growth [41]. - The company is positioned to benefit from the accelerating growth in renewable energy, particularly in solar and energy storage sectors, driven by global energy crises and government incentives [45]. - The company is focusing on the development of new products and technologies, including pneumatic components and connectors, to enhance its market presence [182]. - The company aims to leverage its extensive manufacturing technology and experience to expand into the consumer market, developing its own brand alongside OEM precision structural components [182]. Research and Development - Research and development expenses increased by 91.07% to ¥132,502,509.60, reflecting a significant investment in R&D personnel, materials, and equipment [114]. - The number of R&D personnel increased by 105.98% to 482, enhancing the company's research capabilities [123]. - The company emphasizes technology research and development, focusing on technical challenges and innovations in various sectors, including photovoltaic, energy storage, and new energy vehicles [83]. - The company plans to enhance product precision and competitiveness through the development of key technologies for aluminum alloy precision structural parts for new energy vehicles [115]. - The company has introduced advanced automated production equipment, improving production efficiency and product reliability, and plans to continue investing in high-end automation technology [84]. Financial Management and Investments - The company plans to issue convertible bonds to unspecified investors, pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [190]. - The company completed the acquisition of 100% equity in Suzhou Minglida High-tech Co., Ltd. by its subsidiary Guangdong Minglida Technology Co., Ltd. on January 13, 2023 [190]. - The company has a robust supplier selection process, requiring comprehensive evaluations that can take from weeks to months before being approved as a qualified supplier [81]. - The total cash outflow from investing activities was approximately $1.04 billion, an increase of 499.61% compared to the previous period [129]. - The net cash flow from financing activities was approximately $1.17 billion, reflecting a significant increase of 2,877.24% year-over-year [129]. Industry Trends - The solar photovoltaic industry is projected to add nearly 1500GW (1.5TW) of installed capacity from 2022 to 2027, with solar expected to become the largest power source globally by early 2025 [42]. - The energy storage market in China saw a significant increase, with new energy storage projects totaling 13.4GW/31.0GWh in 2022, representing a year-on-year power scale growth of 175% [46]. - The global energy storage battery market is projected to grow significantly, with a compound annual growth rate (CAGR) of 40% from 2023 to 2030, reaching 2300 GWh [166]. - The cumulative installed capacity of electrochemical energy storage is projected to reach approximately 2330% by 2025, driven by rising demand for renewable energy installations [155]. - The company expects a significant growth in the global electrochemical energy storage market, with an estimated increase of 112.1% in new installations in 2023 [155].

证券代码：301268 证券简称：铭利达 公告编号：2023-031 深圳市铭利达精密技术股份有限公司 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚假 记载、误导性陈述或者重大遗漏。 深圳市铭利达精密技术股份有限公司（以下简称"公司"）2022年年度报告 于2023年3月31日披露，为了让广大投资者进一步了解公司2022年年度报告及经 营情况，公司将于2023年4月13日（星期四）下午15:00-17:00通过深圳证券交易 所互动易平台举办2022年度业绩说明会。本次年度业绩说明会将采用网络互动的 方 式举行，投资者可登录 深圳证券交易所 " 互动易 " 平 台 （http://irm.cninfo.com.cn）参与本次年度业绩说明会。 公司出席本次年度网上业绩说明会的人员有：公司董事长、总经理陶诚先生， 董事、董事会秘书、财务总监杨德诚先生，独立董事沈蜀江女士，保荐代表人强 强先生。 关于举行 2022 年度业绩说明会的公告 欢迎广大投资者积极参与。 特此公告。 深圳市铭利达精密技术股份有限公司董事会 2023年3月30日 为充分尊重投资者、提升交流的针对性，现就公司2022年度业绩说 ...

Company Overview - Minglida is a "one-stop, multi-process" precision component manufacturer, involved in precision die-casting, injection molding, profile stamping, and precision molds [3] - The company serves four main industries: photovoltaic, new energy vehicles, security, and consumer electronics, with photovoltaic being the core area [3] - Production bases are located in Guangdong Dongguan, Jiangsu Hai'an, Sichuan Guang'an, Chongqing, Hunan Changsha, and Guangdong Zhaoqing, establishing a solid foundation for rapid development in 2022 [3] Financial Performance - In Q1 2022, sales increased by 55%, but Q2 was significantly impacted by the pandemic, particularly the Shanghai outbreak affecting Jiangsu factory deliveries [3] - Despite challenges, the overall year-on-year growth rate is improving, with expectations for June to outperform May [3] - The energy storage sector is experiencing the highest growth due to last year's low base, although its absolute revenue contribution is less than other sectors [3] Market Dynamics - The overseas market demand is expected to rise in the second half of the year, with the photovoltaic inverter market projected to maintain rapid growth [3] - Hikvision remains the largest customer in the security sector, while Huawei and overseas companies are gaining market share [3] - The company has been collaborating with major clients like BYD and CATL in the new energy vehicle sector, focusing on electric motors, controls, batteries, and lightweight structural components [4] Production Capacity and Future Plans - Currently, the company has six production bases with a total capacity of over 3 billion RMB, expected to reach 4-4.5 billion RMB by year-end [6] - The company plans to expand production capacity to meet growing market demands, including new factories and upgrades to existing lines [6] - Future self-developed products will focus on new energy vehicle components and pneumatic components, aiming for significant growth in 3-5 years [6] Competitive Landscape - The company faces competition from specialized manufacturers like Keda Li and Zhenyu Technology, but emphasizes its multi-process capabilities and resource allocation as competitive advantages [7] - The company aims to maintain a leading position across multiple manufacturing fields, rather than focusing on a single area [8] Strategic Goals - The revenue target for 2022 is outlined in the financial budget report, with expectations for improved net profit margins due to reduced bank interest expenses and increased scale [8] - The company remains optimistic about future growth trends, anticipating better customer demand and preparing for high growth in the coming years [8]

Financial Performance - Revenue for Q3 2022 reached ¥801,296,180.31, an increase of 67.93% compared to the same period last year[7] - Net profit attributable to shareholders was ¥96,505,917.22, up 120.02% year-on-year[7] - Net profit excluding non-recurring gains and losses was ¥91,577,529.05, reflecting a 124.42% increase compared to the previous year[7] - Total operating revenue for the current period reached ¥2,080,495,724.93, a significant increase of 67.0% compared to ¥1,246,281,571.99 in the previous period[30] - Operating profit for the current period was ¥245,145,524.99, up 116.4% from ¥113,210,759.52 in the previous period[30] - Net profit for the current period was ¥220,084,809.06, representing a 118.5% increase from ¥100,777,841.49 in the previous period[32] - Basic earnings per share for the period was ¥0.24, marking a 100.00% increase compared to the same period last year[7] - Basic earnings per share for the current period was ¥0.5700, compared to ¥0.28 in the previous period, reflecting improved profitability[32] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,825,945,047.48, representing a growth of 78.51% from the end of the previous year[7] - Total liabilities increased to ¥1,796,725,064.70, up 33.5% from ¥1,345,387,997.91 in the previous period[30] - Shareholders' equity attributable to the parent company reached ¥2,029,219,982.78, a significant increase of 154.32% year-on-year[7] - Total equity rose to ¥2,029,219,982.78, a substantial increase of 154.5% compared to ¥797,903,953.92 in the previous period[30] - The company's total current assets reached RMB 2,323,389,060.16, a significant increase from RMB 1,103,026,338.77 at the beginning of the year, representing a growth of approximately 110.0%[23] - The company's fixed assets were valued at RMB 944,491,222.87, up from RMB 710,860,424.88, which is an increase of around 32.7%[23] Cash Flow - The net cash flow from operating activities was negative at -¥271,915,990.05, a decline of 6,307.21% year-on-year[7] - The cash flow statement for the current period indicates a strong liquidity position, with significant cash inflows from operating activities[36] - Cash inflow from operating activities totaled $1.77 billion, up from $1.14 billion year-over-year[37] - Cash outflow from operating activities increased to $2.05 billion, compared to $1.13 billion in the previous period[37] - The net cash flow from investing activities was -$364.10 million, worsening from -$67.03 million year-over-year[37] - Cash inflow from financing activities reached $1.51 billion, compared to $137.54 million in the previous period[40] - The ending cash and cash equivalents balance was $653.18 million, up from $33.67 million year-over-year[40] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,240, indicating a diverse shareholder base[12] - The company plans to issue convertible bonds to unspecified targets, as approved in the recent shareholder meeting[20] Research and Development - Research and development expenses increased to ¥86,184,185.32, up 80.9% from ¥47,668,210.59 in the previous period, indicating a strong focus on innovation[30] Government Support - Government subsidies recognized in the current period amounted to ¥4,916,064.88, with a total of ¥9,277,145.98 for the year-to-date[8] Future Plans - The company plans to expand its market presence and invest in new technologies to drive future growth[28]

Financial Performance - The company reported a total revenue of RMB 400 million for the first half of 2022, representing a year-on-year increase of 15% compared to the same period in 2021[25]. - The net profit attributable to shareholders for the first half of 2022 was RMB 50 million, an increase of 20% year-on-year[25]. - The company's operating revenue for the reporting period was ¥1,279,199,544.62, representing a 66.32% increase compared to ¥769,118,607.95 in the same period last year[32]. - Net profit attributable to shareholders was ¥123,578,891.84, up 117.13% from ¥56,914,798.51 year-on-year[32]. - The net profit after deducting non-recurring gains and losses was ¥120,979,534.63, reflecting a 122.98% increase compared to ¥54,256,745.91 in the previous year[32]. - Basic earnings per share increased by 106.25% to ¥0.33 from ¥0.16 in the same period last year[35]. - The company's cash flow from operating activities was negative at -¥142,964,460.92, a decline of 398.01% compared to ¥47,972,513.65 in the previous year[32]. - The company's registered capital was changed to ¥400.01 million following its initial public offering and listing on the Shenzhen Stock Exchange[32]. Market Strategy and Expansion - The company is focusing on expanding its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2023[25]. - User data indicates a growth in the customer base, with major clients including Tesla and Enphase, contributing significantly to revenue[21]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and expand its product offerings[25]. - The company is actively expanding into high-end markets such as hydrogen energy, further diversifying its customer portfolio[56]. Research and Development - The company is investing in technology upgrades, with a budget of RMB 30 million allocated for R&D in 2022, representing a 10% increase from the previous year[25]. - The company emphasizes R&D in mold design and precision structural components, utilizing advanced CAD and CAE technologies to optimize product quality[60]. - The company plans to enhance its R&D capabilities by utilizing funds raised from investments and recruiting top industry talent to maintain competitive advantage[114]. - The company is focusing on collaboration with universities and research institutions to strengthen its R&D efforts and adapt to new technologies[114]. Production and Operations - The production cycle for mass production typically does not exceed 30 days, depending on product complexity and delivery requirements[50]. - The company employs a direct sales model, leveraging its extensive customer resources and a wide range of structural component products to provide one-stop procurement services[51]. - The company has established a comprehensive supplier management system to ensure the quality and reliability of raw materials and components[50]. - The company has a rigorous supplier qualification process, which can take several weeks to months, ensuring that only approved suppliers are included in its supply chain[54]. Financial Management and Investments - The total investment amount during the reporting period was CNY 171,291,635.33, representing a 159.56% increase compared to CNY 65,993,208.93 in the same period last year[83]. - The company has a remaining balance of CNY 75,333,360 in raised funds, including net interest income after deducting fees[92]. - The company has utilized CNY 20,000,000 for working capital, achieving 100% of the planned investment[92]. - The total amount of entrusted financial management during the reporting period was 225 million RMB, with an outstanding balance of 195 million RMB[101]. Environmental and Social Responsibility - The company has established measures to handle wastewater, waste gas, solid waste, and noise, ensuring compliance with environmental regulations[131][132][133][136]. - The company faced administrative penalties for environmental issues, resulting in a fine of 408,000 CNY, but no severe environmental pollution or major social impact occurred[130]. - The company is committed to developing products in renewable energy sectors, including solar inverters and core systems for electric vehicles, aligning with national sustainable development policies[138]. Shareholder Information - The company approved a cash dividend of 1.00 CNY per 10 shares, totaling 40,001,000 CNY (including tax) based on a share capital base of 400,010,000 shares[124]. - The total distributable profit for the period was 523,121,626.10 CNY, with the cash dividend accounting for 100.00% of the total profit distribution[124]. - The company has 14,501 shareholders at the end of the reporting period, with the largest shareholder holding 38.22% of the shares[199]. - The company reported a dilution effect on basic and diluted earnings per share due to the share issuance[191]. Risks and Challenges - The company faces risks related to raw material price fluctuations, which could impact profit margins if not managed effectively[5]. - The company recognizes the risk of intensified industry competition and is committed to increasing R&D investment to enhance product competitiveness[115]. - As of the end of the reporting period, accounts receivable and inventory accounted for 17.45% and 13.59% of total assets, respectively, indicating potential cash flow risks[115].

Financial Performance - The company's revenue for Q1 2022 was ¥576,615,740.22, representing a 55.70% increase compared to ¥370,349,075.56 in the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was ¥56,568,345.31, an increase of 82.46% from ¥31,003,215.85 in the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥55,728,287.40, up 85.48% from ¥30,044,677.82 year-on-year[4] - Total operating revenue for the current period reached ¥576,615,740.22, a significant increase of 55.7% compared to ¥370,349,075.56 in the previous period[25] - Net profit for the current period was ¥56,568,345.31, representing an increase of 82.8% compared to ¥31,003,215.85 in the previous period[28] Assets and Liabilities - The company's total assets at the end of the reporting period reached ¥3,346,627,385.35, a 56.14% increase from ¥2,143,291,951.83 at the end of the previous year[4] - Total assets reached ¥3,346,627,385.35, compared to ¥2,143,291,951.83 at the start of the year, marking an increase of approximately 56.2%[19] - Total liabilities increased to ¥1,425,521,901.74 from ¥1,345,387,997.91, representing a growth of about 5.9%[22] - The company's equity attributable to shareholders rose to ¥1,921,105,483.61, up from ¥797,903,953.92, reflecting an increase of approximately 141.4%[22] Cash Flow - The net cash flow from operating activities was negative at -¥154,923,309.49, a significant decrease compared to ¥1,320,711.53 in the previous year, reflecting an increase in cash paid for goods[4] - Cash inflow from operating activities totaled ¥498,062,928.47, compared to ¥413,152,196.64 in the previous period, indicating a growth of 20.6%[32] - Cash outflow from operating activities was ¥652,986,237.96, an increase from ¥411,831,485.11 in the previous period[32] - Net cash flow from operating activities was -$154.92 million, compared to $1.32 million in the previous period[35] - Net cash flow from investing activities was -$52.44 million, a decrease from -$34.50 million year-over-year[35] - Net cash flow from financing activities was $1.19 billion, significantly up from -$2.76 million in the previous period[35] Shareholder Information - Shareholders' equity attributable to the parent company increased by 140.77% to ¥1,921,105,483.61 from ¥797,903,953.92 at the end of the previous year[4] - The basic earnings per share for Q1 2022 was ¥0.16, a 77.78% increase from ¥0.09 in the same period last year[4] - The company issued 40,010,000 shares at a price of ¥28.50 per share during its initial public offering[15] Operational Metrics - The increase in revenue was primarily driven by increased customer orders and shipments[7] - The company reported a weighted average return on equity of 6.85%, up from 4.69% in the previous year[4] - Research and development expenses increased to ¥19,929,297.70 from ¥14,027,559.98, reflecting a growth of 42.1%[25] Other Financial Information - The company received government subsidies amounting to ¥985,873.62 during the reporting period[6] - The company reported a tax expense of ¥10,171,409.40, up from ¥3,245,366.84 in the previous period[28] - Other comprehensive income after tax for the current period was ¥70,984.38, compared to a loss of ¥102,151.47 in the previous period[28] - The first quarter report was not audited, indicating preliminary financial results[36] - The report was released on April 28, 2022, providing insights into the company's financial performance for the first quarter[37]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2021, representing a year-on-year increase of 15% compared to 2020[21]. - The net profit for 2021 was RMB 150 million, which is a 10% increase from the previous year[21]. - The company's operating revenue for 2021 was ¥1,837,744,543.64, representing a 21.18% increase compared to ¥1,516,493,458.93 in 2020[27]. - The net profit attributable to shareholders for 2021 was ¥148,182,074.62, a decrease of 13.16% from ¥170,635,967.12 in 2020[27]. - The net cash flow from operating activities for 2021 was ¥113,198,889.62, down 61.77% from ¥296,113,188.72 in 2020[27]. - The total assets at the end of 2021 amounted to ¥2,143,291,951.83, an increase of 31.91% from ¥1,624,839,557.33 at the end of 2020[27]. - The net assets attributable to shareholders at the end of 2021 were ¥797,903,953.92, up 23.70% from ¥645,024,827.24 at the end of 2020[27]. - The basic earnings per share for 2021 was ¥0.41, a decrease of 12.77% from ¥0.47 in 2020[27]. - The company reported a weighted average return on equity of 20.61% for 2021, down from 30.36% in 2020[27]. - The company received government subsidies amounting to ¥10,873,173.22 in 2021, compared to ¥29,679,687.85 in 2020[34]. - The company experienced a net profit of ¥9,489,839.24 from non-recurring gains and losses in 2021[34]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2025[21]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[42]. - The company is exploring potential mergers and acquisitions to enhance its product offerings and market reach[21]. - The company is positioned to benefit from the rapid growth in the photovoltaic and automotive sectors, which are expected to drive demand for precision structural components[43][56]. - The company is exploring opportunities in the expanding markets of smart surveillance and consumer electronics, which are expected to provide significant growth potential[54][57]. - The company aims to focus on clean energy, energy storage, and new energy vehicles as strategic growth sectors, enhancing R&D and production resources[127]. - The company plans to strengthen its own brand development in pneumatic components and new energy vehicle products, balancing precision component processing with brand growth[128]. - The company intends to accelerate capacity expansion to meet the growing demand from downstream customers, particularly through investments in the Jiangsu production base[130]. Research and Development - The company has allocated RMB 50 million for research and development in new technologies for the upcoming year[21]. - Research and development investments increased by 30%, totaling 150 million RMB, aimed at advancing product innovation[177]. - R&D expenses rose by 19.04% year-on-year to ¥69,347,611.64, reflecting ongoing investment in product development[95]. - The number of R&D personnel increased by 49.04% to 234, with R&D personnel accounting for 9.07% of the total workforce[99]. - The company is currently developing key technologies for high-precision aluminum alloy components for electric vehicles, aimed at improving product accuracy and competitiveness[96]. - The company emphasizes R&D in mold design and precision component manufacturing, utilizing advanced CAD and CAE technologies to optimize production processes[73]. Customer and Sales Performance - User data showed a growth in active customers, reaching 500,000 by the end of 2021, up from 400,000 in 2020, marking a 25% increase[21]. - The total sales amount from the top five customers reached ¥1,414,943,713.11, accounting for 76.99% of the annual total sales[92]. - Major clients include industry leaders like Tesla, Hikvision, BYD, and Intel, indicating strong customer stability and high demand for precision components[71]. - The company reported a total sales volume of 239,358,090 units in 2021, an increase of 6.76% from 224,202,476 units in 2020[84]. - The photovoltaic sector contributed ¥935,632,043.94, accounting for 50.91% of total revenue, with a slight increase of 1.47% year-on-year[79]. - The automotive segment saw significant growth, with revenue of ¥191,665,071.82, up 93.19% from ¥99,210,137.21 in 2020, now representing 10.43% of total revenue[79]. - The revenue from consumer electronics surged to ¥253,931,014.95, marking a 66.73% increase year-on-year[79]. Operational Efficiency and Production - The production cycle for mass production typically does not exceed 30 days, with a sales-driven production model in place[64]. - The company utilizes both in-house production and outsourcing for certain processes to optimize capacity and cost[65]. - The company has established a comprehensive supplier management system to ensure quality and cost control in procurement[61]. - The company has invested in advanced automated production equipment, improving efficiency and product quality while reducing production costs[76]. - The company’s production capabilities include automated processes for die-casting, injection molding, and CNC machining, enhancing precision and reliability[76]. - The company’s focus on high-end clients allows for collaborative R&D, leading to innovative designs and improved operational efficiency[72]. Risk Management - Risks identified include fluctuations in raw material prices and potential supply chain disruptions due to the pandemic[6]. - The company is addressing raw material price volatility risks by establishing pricing mechanisms with core customers and developing a futures trading system[134]. - The company is mitigating foreign exchange risk by increasing foreign currency liabilities and engaging in forward exchange transactions when appropriate[135]. - The company is enhancing supply chain resilience against pandemic-related disruptions by diversifying suppliers and improving inventory management[136]. Corporate Governance - The company strictly adhered to the requirements of the Company Law and other regulations, ensuring a well-structured corporate governance system[140]. - The board of directors consists of 7 members, including 3 independent directors, meeting the legal requirements[143]. - The company has established a comprehensive performance evaluation system for senior management, linking their performance directly to compensation[145]. - The company maintains a complete and independent asset structure, with clear delineation from the controlling shareholder's assets[152]. - The financial department operates independently, with a complete accounting system and separate bank accounts[154]. - The company emphasizes transparency in information disclosure, ensuring timely and accurate communication with shareholders[146]. Future Outlook - Future guidance indicates a revenue target of RMB 1.5 billion for 2022, reflecting a growth rate of 25%[21]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[177]. - The management team emphasized the importance of sustainability initiatives, aiming for a 40% reduction in carbon emissions by 2025[177].