Financial Performance - The company's operating revenue for Q1 2025 was ¥550,336,243.99, representing a 28.80% increase compared to ¥427,279,900.69 in the same period last year[5] - Net profit attributable to shareholders was ¥103,101,566.47, a 67.04% increase from ¥61,728,900.60 year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥97,121,145.10, reflecting a 96.76% increase from ¥49,360,290.32 in the previous year[5] - Basic and diluted earnings per share increased to ¥0.25, up 66.67% from ¥0.15 in the same period last year[5] - Total operating revenue for the current period reached ¥550,336,243.99, a 28.8% increase from ¥427,279,900.69 in the previous period[20] - Net profit for the current period was ¥112,540,587.80, representing a 67.5% increase compared to ¥67,189,591.05 in the previous period[22] - The net profit attributable to the parent company was ¥103,101,566.47, an increase of 67.0% from ¥61,721,780.54 in the previous period[22] - Basic and diluted earnings per share were both ¥0.25, up from ¥0.15 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,466,146,307.28, a 1.07% increase from ¥4,418,929,603.41 at the end of the previous year[5] - The total liabilities decreased to ¥1,159,421,730.86 from ¥1,237,317,657.89, reflecting a reduction of approximately 6.3%[18] - Total equity increased to ¥3,306,724,576.42 from ¥3,181,611,945.52, marking a growth of about 3.9%[18] - Cash and cash equivalents decreased to CNY 992,975,831.66 from CNY 1,075,945,032.18, reflecting a decline of approximately 7.7%[17] - The company's inventory increased slightly to CNY 1,279,032,418.71 from CNY 1,272,779,370.13, indicating a growth of about 0.5%[17] - Accounts receivable rose to CNY 274,960,293.37 from CNY 235,579,112.44, representing an increase of approximately 16.7%[17] - The company’s total current liabilities were not specified, but accounts payable decreased to CNY 230,735,204.91 from CNY 253,321,886.53, a decline of about 8.9%[17] Cash Flow - Cash flow from operating activities decreased by 50.78% to ¥25,921,050.26 from ¥52,671,456.22 in the same period last year[5] - Cash generated from operating activities was ¥578,784,826.37, compared to ¥465,773,219.88 in the previous period, indicating a significant increase[23] - Operating cash inflow totaled CNY 591,963,842.26, an increase from CNY 491,372,096.12 in the previous period, reflecting a growth of approximately 20.4%[24] - Operating cash outflow amounted to CNY 566,042,792.00, compared to CNY 438,712,506.67 previously, indicating an increase of about 29.0%[24] - Net cash flow from operating activities was CNY 25,921,050.26, down from CNY 52,659,589.45, representing a decline of approximately 50.8%[24] - Cash inflow from investment activities was CNY 299,293,783.06, a decrease from CNY 610,194,154.70, reflecting a decline of about 51.0%[24] - Cash outflow from investment activities reached CNY 464,037,838.03, down from CNY 763,145,715.43, indicating a decrease of approximately 39.2%[24] - Net cash flow from investment activities was -CNY 164,744,054.97, compared to -CNY 152,951,560.73 previously, showing a slight increase in negative cash flow[24] - Cash inflow from financing activities totaled CNY 4,871,776.00, significantly lower than CNY 43,105,137.86, a decrease of about 88.7%[25] - Cash outflow from financing activities was CNY 6,276,269.71, down from CNY 95,931,087.04, indicating a reduction of approximately 93.5%[25] - The net increase in cash and cash equivalents was -CNY 136,692,671.36, compared to -CNY 147,464,735.32 previously, showing a slight improvement in cash flow[25] - The ending balance of cash and cash equivalents was CNY 107,823,943.09, down from CNY 129,729,669.30, reflecting a decrease of approximately 16.9%[25] Shareholder Information - The company has a significant shareholder structure, with the largest shareholder holding 23.46% of the shares[13] - The top ten shareholders hold a total of 97,124,098 shares, which are unrestricted[14] - The company has a repurchase account holding 7,409,900 shares, representing 1.79% of total shares[14] - There were no changes in the participation of major shareholders in margin trading or securities lending during the reporting period[14] Strategic Initiatives - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed in the call[15] Research and Development - Research and development expenses rose to ¥76,398,441.76, up from ¥59,950,671.27, indicating a focus on innovation[21] Financial Expenses - The company reported a decrease in financial expenses, with a net financial cost of -¥17,435,025.93 compared to -¥769,445.35 in the previous period[21]

Financial Performance - The company's operating revenue for Q1 2025 reached ¥1,974,745,918.80, a significant increase of 397.27% compared to ¥397,119,445.00 in the same period last year[5] - Net profit attributable to shareholders was ¥9,240,978.69, marking a 115.59% improvement from a loss of ¥59,281,474.89 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥4,565,955.92, up 106.89% from a loss of ¥66,301,946.04 year-on-year[5] - Basic earnings per share increased to ¥0.0115 from a loss of ¥0.0738, reflecting a 115.58% growth[5] - The net profit for the current period was ¥52,560,205.66, a turnaround from a net loss of ¥53,367,614.58 in the previous period[15] Assets and Liabilities - The total assets at the end of the reporting period were ¥36,705,520,129.32, down 5.22% from ¥38,725,567,969.05 at the end of the previous year[5] - Total liabilities decreased to ¥26,917,469,853.63 from ¥28,972,680,647.36, showing a reduction of about 7.2%[13] - Current liabilities totaled ¥19,550,202,109.52, down from ¥21,644,650,346.73, a decrease of approximately 9.7%[12] - Long-term borrowings decreased to ¥6,176,957,476.23 from ¥6,598,196,686.09, indicating a reduction of about 6.4%[13] Cash Flow - The net cash flow from operating activities was negative at -¥1,005,855,747.31, a decline of 22.30% compared to -¥822,476,710.86 in the same period last year[5] - Operating cash inflow totaled CNY 1,053,193,187.67, down 35.4% from CNY 1,633,421,616.47 in the previous period[17] - Operating cash outflow amounted to CNY 2,059,048,934.98, a decrease of 16.1% compared to CNY 2,455,898,327.33 last year[18] - Cash inflow from investment activities was CNY 230,501,020.41, down 37.5% from CNY 368,708,558.26 year-over-year[18] - Net cash flow from investment activities increased to CNY 166,439,396.28, compared to CNY 89,260,548.11 in the previous year[18] - Cash inflow from financing activities reached CNY 1,539,743,409.43, up 5.5% from CNY 1,459,913,057.69[18] - Net cash flow from financing activities was CNY -826,184,852.07, a decline from CNY 397,842,658.13 in the last period[18] - The ending cash and cash equivalents balance was CNY 3,574,878,514.64, down from CNY 3,981,823,966.39 in the previous year[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,173, with the top two shareholders holding 59.35% of the shares[8] Future Strategy - The company attributed the significant growth in revenue and net profit to the increased delivery of new projects during the reporting period[7] - The company plans to focus on market expansion and new product development as part of its future strategy[14]

Financial Performance - The company's operating revenue for Q1 2025 was ¥623,795,067.26, representing a 3.40% increase compared to ¥603,257,898.13 in the same period last year[4] - The net profit attributable to shareholders was -¥35,326,924.25, a significant decline of 949.62% from ¥4,157,947.23 in the previous year[4] - The net profit for the current period was a loss of ¥44,445,635.46, compared to a loss of ¥479,775.39 in the previous period, indicating a significant decline in profitability[18] - The company reported a comprehensive loss of ¥41,363,035.46, compared to a loss of ¥3,018,685.39 in the previous period, highlighting worsening financial performance[18] - The weighted average return on equity was -2.81%, down by 2.92% from 0.11% in the previous year[4] - Basic and diluted earnings per share for the current period were both -0.06, compared to 0.01 in the previous period, indicating a significant decline in earnings per share[18] Cash Flow - The net cash flow from operating activities was -¥12,060,726.67, a decrease of 206.80% compared to ¥11,292,691.21 in the same period last year[4] - Cash flow from operating activities increased significantly to ¥1,313,925,885.70 from ¥929,869,171.89, marking a growth of approximately 41.3%[19] - The company reported a total cash outflow from operating activities of $1.45 billion, an increase from $1.31 billion in the previous period[20] - Net cash flow from operating activities was -$12.06 million, a decrease from $11.29 million in the previous period[20] - Total cash inflow from investing activities was $14.76 million, compared to $632.41 thousand last year[20] - Cash outflow from investing activities was $14.31 million, down from $22.72 million in the previous period[20] - Net cash flow from financing activities was $1.66 million, a significant improvement from -$41.80 million last year[20] - Cash and cash equivalents at the end of the period totaled $318.87 million, compared to $291.95 million in the previous year[20] Assets and Liabilities - The company's total assets decreased by 4.05% to ¥5,984,717,756.85 from ¥6,237,333,496.87 at the end of the previous year[4] - Total liabilities amounted to ¥4,905,869,164.73, down from ¥5,091,189,702.88, reflecting a decrease of approximately 3.6%[15] - Non-current assets totaled ¥3,268,076,051.75, a decrease from ¥3,357,606,225.68, indicating a reduction of about 2.6%[15] - The company's total current assets as of March 31, 2025, were CNY 2,716,641,705.10, down from CNY 2,879,727,271.19 at the beginning of the period, indicating a decrease of approximately 5.67%[14] - Cash and cash equivalents decreased to CNY 511,469,548.99 from CNY 549,448,760.87, reflecting a decline of about 6.67%[14] - The equity attributable to the parent company decreased to ¥1,129,908,192.50 from ¥1,162,455,815.97, a reduction of approximately 2.8%[16] Inventory and Receivables - The company's inventory increased by 133.25% to ¥350,853,200.00, driven by higher asphalt stock levels[7] - Accounts receivable decreased significantly from CNY 983,281,386.36 to CNY 605,380,795.14, a reduction of approximately 38.39%[14] - Inventory increased to CNY 350,853,225.01 from CNY 150,420,083.83, representing a growth of about 133.33%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 73,849[12] - The company has a total of 10 major shareholders, with the largest holding 8.89% of shares, equivalent to 50,000,000 shares[13] - The second-largest shareholder also holds 8.89% of shares, amounting to 50,000,000 shares[13] - The third-largest shareholder holds 7.93% of shares, totaling 44,582,815 shares[13] - There are no significant changes reported in the financing and securities lending activities of the top shareholders[13] Contract Liabilities and Costs - The company reported a significant increase in contract liabilities by 101.00% to ¥130,418,100.00, reflecting higher pre-received sales from the subsidiary[7] - Total operating costs increased to ¥707,618,521.84 from ¥674,945,909.31, reflecting a rise of about 4.8%[17] - The gross margin for the asphalt supply chain business was -2.22%, a decline of 3.42% year-on-year, primarily due to falling asphalt prices and high inventory costs at the beginning of the year[8]

Financial Performance - The company's operating revenue for Q1 2025 was ¥16,072,114,131.47, a decrease of 10.78% compared to ¥18,013,873,383.09 in the same period last year[5] - Net profit attributable to shareholders increased by 14.07% to ¥273,025,334.39 from ¥239,349,144.22 year-on-year[5] - Basic earnings per share rose by 16.67% to ¥0.07 from ¥0.06 year-on-year[5] - Operating profit for the period was CNY 366,995,499.08, down 7.8% from CNY 398,140,234.13 in the prior year[30] - The company reported a decrease in total operating costs to CNY 15,771,314,358.22, down 10.5% from CNY 17,623,749,487.39 in the previous year[29] Cash Flow - The net cash flow from operating activities was negative at -¥281,646,956.12, a significant decline of 188.22% compared to ¥319,240,283.61 in the previous year[5] - Cash flow from operating activities showed a net outflow of CNY 281,646,956.12, compared to a net inflow of CNY 319,240,283.61 in the same period last year[31] - In Q1 2025, the net cash flow from financing activities was CNY 1,373,573,129.84, an increase of 48.3% compared to CNY 926,837,303.76 in the same period last year[32] - The net increase in cash and cash equivalents for the quarter was CNY 655,423,987.17, down from CNY 896,136,639.57 in the previous year[32] - The ending balance of cash and cash equivalents was CNY 3,087,771,816.72, a decrease from CNY 3,762,907,297.07 year-over-year[32] Assets and Liabilities - Total assets increased by 5.76% to ¥48,478,437,037.96 from ¥45,836,502,702.57 at the end of the previous year[5] - As of March 31, 2025, the company's total assets reached RMB 48.48 billion, an increase from RMB 45.84 billion at the beginning of the period[27] - The company's total liabilities amounted to RMB 30.61 billion, compared to RMB 28.25 billion at the beginning of the period[27] - The company's current assets totaled RMB 20.55 billion, up from RMB 18.22 billion at the beginning of the period[26] - The company's inventory rose to RMB 12.99 billion, compared to RMB 11.76 billion at the beginning of the period[26] Investments and Acquisitions - The company agreed to introduce three financial investors with a total investment of RMB 1.11 billion, increasing registered capital to RMB 3 billion[14] - The company has completed the acquisition of overseas convertible bond debts, with a minimum purchase price of RMB 504,440,664.09[17] - The company plans to invest up to RMB 1.94 billion in debt and equity recovery with asset management companies[14] - The company has signed agreements to acquire trust rights held by China Galaxy Asset Management Co., Ltd. for RMB 85,371,900.00[18] - The company acquired 64% of Shandong Zhongjin New Materials Technology Co., Ltd. through capital increase, with a valuation of RMB 99.5 million as of November 30, 2024[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 127,696[12] - Guangdong Guangsheng Holding Group Co., Ltd. holds 34.90% of shares, totaling 1,304,407,036 shares[12] Restructuring and Management - The company participated in the bankruptcy reorganization of 20 companies, including Dongying Fangyuan Nonferrous Metals Co., Ltd.[13] - The company has officially taken over the restructured enterprises and is managing production operations related to copper smelting[15] - The company completed the restructuring plan confirmed by the Dongying Intermediate People's Court, ending the restructuring procedures for 20 companies, including Dongying Fangyuan Nonferrous Metals Co., Ltd.[20]

Revenue and Profitability - Revenue for Q1 2025 was CNY 5,618,126,945.15, an increase of 2.53% compared to CNY 5,479,652,158.91 in the same period last year[4] - Net profit attributable to shareholders decreased by 83.18% to CNY 5,400,734.72 from CNY 32,101,763.00 year-on-year[4] - Basic earnings per share dropped by 80.00% to CNY 0.002 from CNY 0.01 in the previous year[4] - Total operating revenue for the current period reached ¥5,618,126,945.15, an increase from ¥5,479,652,158.91 in the previous period, representing a growth of approximately 2.5%[16] - Net profit for the current period was ¥9,276,064.81, down from ¥27,345,827.65 in the previous period, indicating a decline of approximately 66%[17] - The company's operating profit decreased significantly to ¥11,427,715.62 from ¥46,795,566.86, a drop of around 75%[17] - The net profit attributable to the parent company was CNY 20,757,923.88, down from CNY 36,714,295.70 year-over-year[18] - Basic and diluted earnings per share were both CNY 0.002, compared to CNY 0.01 in the previous period[18] Cash Flow - Net cash flow from operating activities fell by 31.81% to CNY 242,092,793.66 compared to CNY 355,029,709.00 in Q1 2024[4] - Cash inflows from operating activities totaled CNY 6,183,156,212.98, an increase from CNY 6,065,938,433.24 in the prior period[19] - Cash outflows from operating activities were CNY 5,941,063,419.32, compared to CNY 5,710,908,724.24 previously[20] - Cash flow from investing activities resulted in a net outflow of CNY 211,977,369.23, compared to CNY 516,346,087.85 in the previous period[20] - Cash flow from financing activities showed a net outflow of CNY 129,942,986.05, compared to a net inflow of CNY 340,782,710.76 in the prior period[20] - The ending cash and cash equivalents balance was CNY 1,563,293,753.47, down from CNY 1,318,744,309.91 in the previous period[20] Assets and Liabilities - Total assets increased by 0.48% to CNY 25,481,861,371.52 from CNY 25,361,163,761.87 at the end of the previous year[4] - Total liabilities increased to ¥13,572,156,979.36 from ¥13,483,889,008.17, reflecting a rise of about 0.7%[14] - The company's equity attributable to shareholders rose to ¥11,755,331,055.19 from ¥11,666,132,823.86, an increase of approximately 0.8%[14] - The company reported a significant increase in accounts payable, which rose to ¥1,720,259,402.24 from ¥1,307,129,137.88, indicating a growth of approximately 31.6%[14] Shareholder Information - Total number of common shareholders at the end of the reporting period was 61,121[9] - The largest shareholder, Shandong Energy Group New Materials Co., Ltd., holds 53.18% of shares, totaling 1,511,964,163 shares[9] - The second largest shareholder, Chang'an International Trust Co., Ltd., holds 75,386,218 shares[9] - The company has 22,794,413 shares held in a repurchase special account, representing 0.80% of the total share capital[10] - The number of shares held by the top ten shareholders participating in margin trading includes 13,571,505 shares by Mei Jingming and 12,350,140 shares by Wang Huirong[10] Investment and Expenses - Cash flow from investment activities decreased by 59.09% to CNY 211,977,369.23, reflecting reduced investment in new projects[7] - Management expenses decreased by 64.06% to CNY 78,567,013.26, due to reclassification of shutdown costs to operating costs[7] - Research and development expenses rose to ¥172,827,392.05, compared to ¥148,333,868.07, marking an increase of about 16.5%[17] - The company reported a significant increase of 1138.03% in trading financial assets, reaching CNY 45,785,998.02 due to increased derivative investments[7] - The company has a total of 45,785,998.02 RMB in trading financial assets, up from 3,698,290.63 RMB[12]

深圳市拓日新能源科技股份有限公司 2025 年第一季度报告 证券代码：002218 证券简称：拓日新能 公告编号：2025-019 一、主要财务数据 （一） 主要会计数据和财务指标 深圳市拓日新能源科技股份有限公司 2025 年第一季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第一季度报告是否经审计 □是 否 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | | | | （%） | | 营业收入（元） | 253,675,644.48 | 283,472,465.38 | -10.51% | | 归属于上市公司股东的净利润 | -40,814,435. ...

Financial Performance - The company's revenue for Q1 2025 was ¥1,756,650,456.75, representing a decrease of 12.98% compared to ¥2,018,758,765.18 in the same period last year[5] - Net profit attributable to shareholders was ¥14,171,093.11, down 6.58% from ¥15,168,972.69 year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥10,033,796.54, a significant decline of 44.75% from ¥18,162,174.56 in the previous year[5] - Total operating revenue decreased to ¥1,756,650,456.75 from ¥2,018,758,765.18, representing a decline of approximately 12.96% year-over-year[21] - Total operating costs decreased to ¥1,764,616,859.72 from ¥2,023,237,316.54, a reduction of about 12.77% year-over-year[22] - Net profit increased to ¥19,435,375.87 compared to ¥18,571,098.80, marking an increase of approximately 4.65% year-over-year[22] - The net profit attributable to the parent company was ¥14,171,093.11, down from ¥15,168,972.69, reflecting a decrease of about 6.58% year-over-year[23] - The company reported a basic and diluted earnings per share of ¥0.0094, down from ¥0.0101, a decrease of approximately 6.93%[23] Cash Flow and Liquidity - Operating cash flow improved to ¥43,026,148.76, a remarkable increase of 179.55% compared to a negative cash flow of -¥54,084,542.82 in the same period last year[5] - Cash inflow from operating activities was ¥1,858,405,712.59, down from ¥2,096,078,080.88, indicating a decrease of approximately 11.36% year-over-year[25] - Cash outflow from operating activities totaled 1,913,930,631.99, down from 2,231,248,746.34[26] - Cash inflow from investment activities was 25,039,560.23, a decrease from 106,456,178.96 in the previous period[26] - The company reported a net increase in cash and cash equivalents of 283,319,012.93, compared to 130,806,158.63 previously[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,040,336,865.84, reflecting a slight increase of 0.17% from ¥16,012,320,005.02 at the end of the previous year[5] - Total current assets amount to 11,156,915,614.31 CNY, an increase from 11,081,074,502.55 CNY at the beginning of the period[19] - Total liabilities include short-term borrowings of 6,331,689,125.44 CNY, up from 6,091,678,576.33 CNY[19] - Total liabilities increased to ¥10,351,484,097.44 from ¥10,317,701,838.65, a rise of approximately 0.33%[20] - Total equity decreased slightly to ¥5,688,852,768.40 from ¥5,694,618,166.37, a decline of about 0.10%[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 77,616[15] - Zhang Renhua holds 13.39% of shares, totaling 201,498,159 shares, with 90,874,100 shares pledged[15] - Han Xu holds 12.33% of shares, totaling 185,491,897 shares, with 151,100,000 shares pledged[15] Other Income and Expenses - Other income increased by 489.62% to ¥21.58, attributed to higher government subsidies received compared to the previous year[12] - Research and development expenses were ¥2,954,283.92, slightly down from ¥3,103,612.68, a decrease of about 4.80% year-over-year[22] Audit Information - The company did not undergo an audit for the first quarter report[28]

Financial Performance - The company's operating revenue for Q1 2025 was ¥3,416,263,841.99, representing a 15.05% increase compared to ¥2,969,367,795.11 in the same period last year[5] - Net profit attributable to shareholders for Q1 2025 was ¥212,363,345.15, up 10.89% from ¥191,504,960.60 in the previous year[5] - Basic earnings per share increased to ¥0.26, an 8.33% rise from ¥0.24 in the same period last year[5] - Net profit for the current period was ¥238,101,581.55, representing a growth of 12.8% from ¥210,953,710.43 in the previous period[18] - The net profit attributable to the parent company was ¥212,363,345.15, an increase of 10.9% compared to ¥191,504,960.60 last year[18] - The company reported a total comprehensive income of ¥260,724,757.44, compared to ¥196,721,841.41 in the previous period, indicating a growth of 32.6%[18] Cash Flow - The net cash flow from operating activities improved significantly, reaching -¥135,238,381.45, a 78.80% increase from -¥637,938,327.47 year-on-year[5] - Net cash inflow from operating activities was CNY 2,429,528,205.71, an increase from CNY 1,979,571,077.08 year-over-year[21] - Net cash outflow from operating activities was CNY 2,564,766,587.16, compared to CNY 2,617,509,404.55 in the previous year[21] - Cash inflow from financing activities totaled CNY 1,845,924,936.53, up from CNY 1,158,335,519.64 in the previous year[22] - The net increase in cash and cash equivalents was CNY 116,953,375.31, contrasting with a decrease of CNY 165,557,279.14 in the previous year[22] - The ending balance of cash and cash equivalents was CNY 1,870,683,397.35, compared to CNY 1,412,427,963.08 at the end of the previous year[22] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥19,205,731,972.75, a 4.59% increase from ¥18,362,138,756.84 at the end of the previous year[5] - Total liabilities increased to ¥11,840,640,465.66, up from ¥11,290,344,646.41, reflecting a growth of 4.9%[14] - Total equity rose to ¥7,365,091,507.09, compared to ¥7,071,794,110.43, marking an increase of 4.1%[14] - The total current assets amount to ¥12,182,483,457.27, an increase from ¥11,493,504,083.49 at the beginning of the period, representing a growth of approximately 6.0%[13] - The total non-current assets are valued at ¥7,023,248,515.48, up from ¥6,868,634,673.35, indicating a growth of approximately 2.3%[13] - Short-term borrowings increased to ¥2,607,297,435.97 from ¥2,063,530,858.32, representing a significant increase of about 26.4%[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 50,697[10] - The largest shareholder, Xu Xiaomin, holds 6.66% of shares, totaling 55,615,820 shares[10] - The company has no preferred shareholders as indicated in the report[11] Expenses - Total operating costs amounted to ¥3,131,333,531.61, up 14.3% from ¥2,738,214,542.52 in the prior period[16] - Research and development expenses were ¥136,756,160.11, slightly down from ¥136,840,304.13 in the prior period[17] - The company reported a significant decrease in financial expenses, down 87.42% to ¥3,331,273.87 from ¥26,475,702.80 year-on-year[8] Investment Income - Investment income for the period was ¥5,299,297.95, a substantial increase of 114.05% compared to ¥2,475,703.75 in the previous year[8] - Cash received from investment recoveries was CNY 526,753,052.04, significantly higher than CNY 196,167,745.48 in the previous year[21]

Financial Performance - The company's revenue for Q1 2025 was CNY 616,290,632.44, representing a 1.63% increase compared to CNY 606,418,745.97 in the same period last year[5]. - Net profit attributable to shareholders increased by 35.47% to CNY 15,756,417.46 from CNY 11,631,055.35 year-on-year[5]. - The net profit after deducting non-recurring gains and losses surged by 124.92% to CNY 14,859,606.87 compared to CNY 6,606,701.04 in the previous year[5]. - The basic earnings per share increased by 35.71% to CNY 0.0209 from CNY 0.0154 in the previous year[5]. - Net profit for the current period was ¥18,569,461.39, up from ¥12,221,608.41 in the previous period, indicating a growth of approximately 52.1%[41]. - The company reported a basic and diluted earnings per share of ¥0.0209, compared to ¥0.0154 in the previous period, marking an increase of 35.7%[42]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 3,763,967,569.81, a 1.40% increase from CNY 3,712,072,946.95 at the end of the previous year[5]. - Total current assets increased to ¥1,694,347,602.60 from ¥1,608,572,076.75, showing a growth of about 5.34%[37]. - Total liabilities rose to ¥1,938,376,781.22 from ¥1,905,075,191.42, reflecting an increase of approximately 1.73%[38]. - Non-current assets decreased slightly to ¥2,069,619,967.21 from ¥2,103,500,870.20, a decline of about 1.61%[37]. - The company’s total equity increased to ¥1,825,590,788.59 from ¥1,806,997,755.53, reflecting a growth of about 1.03%[38]. Cash Flow - The net cash flow from operating activities decreased by 13.08% to CNY 65,817,386.44 from CNY 75,724,156.95 year-on-year[5]. - Operating cash inflow for the current period was CNY 661,698,263.65, an increase of 3.1% from CNY 638,384,479.19 in the previous period[43]. - Net cash flow from operating activities decreased to CNY 65,817,386.44, down 13.1% from CNY 75,724,156.95 in the previous period[43]. - Cash outflow from investment activities was CNY 27,129,815.36, a decrease of 13.5% compared to CNY 31,481,850.94 in the previous period[44]. - Net cash flow from financing activities improved to CNY 8,349,308.14, compared to a net outflow of CNY 19,602,920.60 in the previous period[44]. - The net increase in cash and cash equivalents for the current period was CNY 47,549,946.22, up 92.1% from CNY 24,702,423.76 in the previous period[44]. - The ending balance of cash and cash equivalents was CNY 186,333,958.00, down from CNY 210,575,158.90 in the previous period[44]. Shareholder Information - The company reported a total of 70,713 common shareholders at the end of the reporting period[12]. - The largest unrestricted shareholders are Gome Holdings Group Co., Ltd. with 186,113,207 shares and Gome Electrical Appliances Co., Ltd. with 50,807,055 shares[13]. - Gome Holdings Group's frozen shares include 12,500,000 shares judicially frozen, 110,403,529 shares judicially re-frozen, and 59,562,814 shares under pending freeze[14]. - Gome Holdings Group Co., Ltd. holds 186,113,207 shares, representing 24.71% of total shares[21]. - Gome Electrical Appliances Co., Ltd. holds 50,807,055 shares, representing 6.75% of total shares[21]. - A total of 236,920,262 shares are held by major shareholders, accounting for 31.46% of total shares[21]. - Gome Holdings has pledged 111,601,400 shares, which is 59.96% of its holdings[21]. - Gome Holdings has 122,903,529 shares under judicial freeze, representing 66.04% of its holdings[22]. - Gome Electrical Appliances has 50,807,055 shares under judicial freeze, accounting for 100% of its holdings[22]. Corporate Governance - The company held its first temporary shareholders' meeting on January 23, 2025, to elect the ninth board of directors and supervisory board[16]. - The ninth board of directors consists of 6 non-independent directors and 3 independent directors, with Xu Zhongmin as the chairman[17]. - The audit committee is chaired by Bi Ke, a professional accountant, with members including Huang Xiuhong, Shi Lu Wen, and Xia Qin[17]. - The company appointed Hou Zhanjun as the president and several others as vice presidents, with their terms aligned with the current board[17]. - Lin Feiyan has terminated the concerted action agreement with Gome Holdings and Gome Electrical Appliances[19]. - The shareholding ratio of the controlling shareholder and its concerted parties changed following the termination of the agreement[19]. Subsidiary Developments - The company’s subsidiary, Beijing Huasu Pharmaceutical, received acceptance for the consistency evaluation of Tramadol Hydrochloride Tablets[24]. - The company’s subsidiary, Duoduo Pharmaceutical, won the bid for the national centralized procurement of Siberian Ginseng Injection at a price of 13.18 yuan per unit[25]. - The procurement cycle for the selected product is from the execution date until December 31, 2027[25]. - Beijing Huasu Pharmaceutical's raw material drug, Benzydamine, has received the production license and passed the GMP compliance inspection, indicating it meets current drug management standards and can ensure patient safety[27][28][29]. - Beijing Zhongshi New Materials has been awarded the High-tech Enterprise Certificate, valid for three years, allowing it to benefit from a 15% corporate income tax rate from 2024 to 2026[30]. - Shandong Huasu Health Care Products has also received the High-tech Enterprise Certificate, which is expected to positively impact the company's performance in 2024[31]. - Beijing Huasu's application for the marketing license of Oxycodone Hydrochloride Controlled-release Tablets (40mg) has been accepted, marking the start of the review phase[32][33]. - Duoduo Pharmaceutical's application for the marketing license of Bromhexine Hydrochloride Injection (2ml:4mg) has been accepted, indicating progress in the development of respiratory medications[34]. Operational Efficiency - The company has optimized its production structure and expanded its product range, enhancing its core competitiveness and meeting market demand[29]. - The acceptance of multiple drug applications is expected to enhance the company's market competitiveness and positively impact its financial performance[33][34]. Other Financial Metrics - Total operating revenue for the current period reached ¥616,290,632.44, an increase from ¥606,418,745.97 in the previous period, representing a growth of approximately 1.43%[40]. - Total operating costs decreased to ¥591,018,803.44 from ¥594,281,237.26, reflecting a reduction of about 0.38%[40]. - Research and development expenses were reported at ¥16,977,265.67, down from ¥22,994,485.44, indicating a decrease of approximately 26%[41]. - The company’s cash and cash equivalents were not explicitly detailed, but the increase in current assets suggests improved liquidity[37]. - The company’s first quarter report was not audited[46].

Financial Performance - The company's operating revenue for Q1 2025 was ¥415,442,391.09, a decrease of 7.91% compared to ¥451,143,419.42 in the same period last year[4] - The net loss attributable to shareholders was ¥110,862,966.88, representing a 10.23% increase in loss from ¥100,574,100.54 year-on-year[4] - Net profit for the current period is -$113.93 million, compared to -$100.70 million in the previous period, indicating a worsening performance[18] - The company’s weighted average return on equity was -2.55%, a decrease of 0.62% from -1.93% in the previous year[4] - Basic and diluted earnings per share are both -$0.10, compared to -$0.09 in the previous period, indicating a decline in profitability[18] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net outflow of ¥40,471,089.83, a 72.75% reduction from the previous year's outflow of ¥148,496,630.23[4] - Cash and cash equivalents significantly increased to CNY 822,536,383.45 from CNY 290,411,351.19, representing a growth of over 184%[13] - Cash and cash equivalents at the end of the period increased to $822.53 million, up from $159.06 million in the previous period[22] - The company reported a significant increase in cash received from financing activities, totaling ¥648,342,260.38, a 1323.91% increase compared to ¥45,532,646.05 in the previous period[8] - Financing activities generated a net cash inflow of $648.34 million, significantly higher than $45.53 million in the previous period[22] Assets and Liabilities - Total assets increased by 4.32% to ¥10,790,829,064.25 from ¥10,344,170,810.30 at the end of the previous year[4] - Current assets increased to CNY 2,690,285,494.42 from CNY 2,134,710,887.26, reflecting a growth of approximately 26%[13] - Total liabilities rose to CNY 6,494,720,187.13, compared to CNY 5,934,371,375.74, indicating an increase of about 9%[14] - The company’s equity attributable to shareholders decreased to CNY 4,290,636,051.49 from CNY 4,401,262,829.96, a decline of approximately 2.5%[14] - The total non-current liabilities increased to CNY 1,455,948,241.59 from CNY 344,679,603.31, indicating a significant rise[14] Investment and Research Activities - The company reported a significant decrease in cash received from investment activities, down 98.89% to ¥1,400,000.00 from ¥125,707,638.44 in the previous year[8] - Investment activities resulted in a net cash outflow of -$73.63 million, compared to -$52.83 million in the previous period[21] - Research and development expenses decreased to $13.33 million, down from $15.91 million in the previous period, reflecting a 16.2% reduction[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 103,526, with no preferred shareholders[10] - The company reported a total of 109,880,373 shares held by Hubei Chutian Digital Television Co., Ltd., the largest shareholder[12] Other Information - The company has not disclosed any new product developments or market expansion strategies during the reporting period[12]