Financial Performance - The company's operating revenue for Q1 2025 was CNY 3,447,329,769.42, a decrease of 4.80% compared to the same period last year[3]. - Net profit attributable to shareholders increased by 41.29% to CNY 307,934,611.81, driven by cost control and improved supply chain efficiency[3][7]. - Basic earnings per share rose by 41.67% to CNY 0.51, reflecting the increase in net profit[3][7]. - Net profit for Q1 2025 reached ¥309,358,663.40, an increase of 41.67% compared to ¥218,369,048.63 in Q1 2024[16]. - The net profit attributable to shareholders of the parent company for Q1 2025 was ¥307,934,611.81, up from ¥217,941,310.15 in Q1 2024[17]. Cash Flow - The net cash flow from operating activities surged by 270.91% to CNY 771,817,147.31, primarily due to an increase in advance payments received[3][7]. - In Q1 2025, the net cash flow from operating activities was ¥771,817,147.31, a significant improvement compared to a net outflow of ¥451,597,587.67 in Q1 2024[19]. - Cash inflow from operating activities totaled ¥4,856,654,534.15 in Q1 2025, up from ¥4,099,280,733.13 in Q1 2024, reflecting a growth of approximately 18.5%[19]. - The cash outflow from operating activities decreased to ¥4,084,837,386.84 in Q1 2025 from ¥4,550,878,320.80 in Q1 2024, indicating a reduction of about 10.3%[19]. - The net cash flow from investing activities was -¥4,121,737,587.04 in Q1 2025, worsening from -¥3,030,748,914.53 in Q1 2024[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 35,310,358,166.03, a slight increase of 0.24% from the previous year[4]. - The total current assets amounted to ¥12,862,423,670.62, a decrease of 13.0% from ¥14,796,327,620.56 on December 31, 2024[12]. - The total liabilities increased to ¥20,000,000,000, with a significant rise in contract liabilities to ¥2,896,630,824.33 from ¥1,964,015,243.62, marking an increase of 47.3%[13]. - Total liabilities as of March 31, 2025, were ¥15,950,211,917.89, a slight decrease from ¥16,166,384,977.38 as of December 31, 2024[14]. - Total equity as of March 31, 2025, was ¥19,360,146,248.14, an increase from ¥19,058,925,845.03 as of December 31, 2024[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,519[9]. - Major shareholder Yao Liangsong holds 66.19% of the shares, indicating significant ownership concentration[9]. - The company has not reported any changes in the top 10 shareholders due to margin trading activities[11]. Operational Efficiency - The net profit excluding non-recurring gains and losses increased by 86.16% to CNY 265,910,574.40, indicating strong core business performance[3][7]. - Total operating costs for Q1 2025 were ¥3,055,341,419.00, down 11.29% from ¥3,444,023,959.86 in Q1 2024[16]. - Research and development expenses for Q1 2025 were ¥163,969,490.07, a decrease of 27.06% compared to ¥224,772,953.10 in Q1 2024[16]. Other Financial Metrics - The weighted average return on equity improved by 0.40 percentage points to 1.60%[3]. - The company reported non-recurring gains totaling CNY 42,024,037.41 for the period[7]. - The company reported a financial income of ¥92,442,637.63 in Q1 2025, down from ¥120,939,637.36 in Q1 2024[16]. - The total cash and cash equivalents at the end of Q1 2025 stood at ¥1,446,271,271.71, down from ¥3,204,108,756.72 at the end of Q1 2024[20].

Financial Performance - The company's revenue for Q1 2025 reached CNY 601,040,840.05, representing a 19.36% increase compared to CNY 503,573,554.75 in the same period last year[4] - The net loss attributable to shareholders was CNY -90,491,482.74, an improvement from CNY -141,209,636.28 year-over-year[4] - Total operating revenue for Q1 2025 reached ¥601,040,840.05, an increase of 19.4% compared to ¥503,573,554.75 in Q1 2024[23] - Net loss for Q1 2025 was ¥90,491,482.74, an improvement from a net loss of ¥141,209,636.28 in Q1 2024, representing a 36% reduction in losses[24] - Basic and diluted earnings per share for Q1 2025 were both -¥0.3323, compared to -¥0.5403 in Q1 2024[25] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -115,412,466.68, slightly worse than CNY -111,914,840.62 in the previous year[4] - Cash inflow from operating activities in Q1 2025 totaled ¥608,814,083.53, down 14% from ¥707,452,822.78 in Q1 2024[28] - The net cash flow from operating activities was -$115.41 million, compared to -$111.91 million in the previous period, indicating a slight deterioration in operational cash flow[29] - Total cash outflow from operating activities amounted to $724.23 million, down from $819.37 million year-over-year[29] - The total cash and cash equivalents at the end of the period reached $681.20 million, up from $659.37 million year-over-year[30] Assets and Liabilities - The total assets increased by 4.32% to CNY 6,986,572,441.75 from CNY 6,697,357,806.25 at the end of the previous year[5] - The company's current assets reached RMB 2,748,397,434.68, up from RMB 2,501,938,920.17, indicating an increase of about 9.8%[18] - The total liabilities of the company as of March 31, 2025, were RMB 5,212,759,279.73, compared to RMB 4,845,313,343.25 at the end of 2024, representing a rise of approximately 7.6%[19] - The total equity of the company was reported at RMB 773,813,161.02 as of March 31, 2025, compared to RMB 852,044,462.00 at the end of 2024, reflecting a decrease of about 9.2%[19] Operational Efficiency - The gross margin for new energy vehicle components remained stable at over 60% of total revenue, despite price pressures in the competitive market[6] - The company is focusing on enhancing production efficiency and reducing costs, leading to a significant narrowing of net losses compared to the previous year[6] - The company received government subsidies amounting to CNY 6,441,156.85, which positively impacted its financial performance[8] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,354[13] - The company has not reported any significant changes in its major shareholders or their shareholdings during the reporting period[15] Research and Development - Research and development expenses for Q1 2025 were ¥26,739,197.68, a decrease of 32.4% from ¥39,527,163.52 in Q1 2024[24] Strategic Outlook - The company plans to continue investing in new energy vehicle components and improve its technological capabilities to enhance market competitiveness[6] - There are no significant new strategies or product developments mentioned in the current report[16]

Financial Performance - The company's revenue for Q1 2025 was ¥274,132,396.73, a decrease of 0.41% compared to ¥275,248,967.15 in the same period last year[5] - Net profit attributable to shareholders increased by 5.97% to ¥33,495,768.43 from ¥31,609,809.77 year-on-year[5] - Basic and diluted earnings per share rose by 5.98% to ¥0.7444 compared to ¥0.7024 in the same period last year[5] - Operating profit increased to ¥41,192,149.66, up by 5.3% compared to ¥37,976,692.24 in the previous period[20] - Net profit for the current period is ¥33,495,768.43, an increase of 5.9% from ¥31,609,809.77 in the previous period[20] - The total comprehensive income for the period was CNY 33,495,768.43, an increase from CNY 31,609,809.77 in the previous period, reflecting a growth of approximately 5.94%[21] - Basic and diluted earnings per share increased to CNY 0.7444 from CNY 0.7024, representing a rise of about 5.67%[21] Cash Flow - The net cash flow from operating activities improved significantly to ¥26,445,125.51, a 273.20% increase from a negative cash flow of ¥15,268,368.91 in the previous year[5] - Cash inflows from operating activities totaled CNY 234,995,211.76, down from CNY 253,077,080.02, indicating a decrease of approximately 7.17%[22] - Cash outflows from operating activities decreased to CNY 208,550,086.25 from CNY 268,345,448.93, a reduction of about 22.29%[23] - Net cash flow from investing activities was CNY -21,735,136.72, an improvement from CNY -212,253,552.02 in the previous period[23] - Cash and cash equivalents at the end of the period were CNY 71,371,818.07, down from CNY 126,526,061.85, reflecting a decrease of approximately 43.5%[23] - Cash inflows from financing activities were CNY 100,000,000.00, compared to CNY 209,400,000.00 in the previous period, a decline of about 52.3%[23] Assets and Liabilities - Total assets decreased by 2.66% to ¥1,451,492,389.54 from ¥1,491,115,359.54 at the end of the previous year[5] - Total current assets decreased to ¥696,233,667.52 from ¥760,146,415.55, a decline of approximately 8.4%[16] - Total non-current assets increased to ¥755,258,722.02 from ¥730,968,943.99, an increase of about 3.3%[16] - Total liabilities decreased to ¥699,868,383.79 from ¥776,624,322.22, a reduction of approximately 9.9%[17] - The company's equity attributable to shareholders increased by 5.20% to ¥751,624,005.75 from ¥714,491,037.32 at the end of the previous year[5] - Total equity attributable to shareholders increased to ¥751,624,005.75 from ¥714,491,037.32, reflecting a growth of about 5.2%[17] Government Support and Other Income - The company received government subsidies amounting to ¥367,111.48, which positively impacted its financial performance[6] - The company reported a 174.02% increase in other income, primarily due to an increase in input tax credits[9] Regulatory and Audit Information - Jiangshun Technology received approval from the China Securities Regulatory Commission for its initial public offering on March 28, 2025[13] - The company has not undergone an audit for the first quarter report, which was released on April 30, 2025[24] Changes in Financial Metrics - Significant changes in financial metrics included a 31.67% decrease in receivables financing due to increased bill endorsements[9] - Accounts receivable increased to ¥262,908,690.59 from ¥240,537,640.50, an increase of about 9.3%[15] - Cash and cash equivalents decreased to ¥98,648,140.60 from ¥114,999,882.81, a decline of approximately 13.5%[15] - The company reported a significant increase in tax refunds received, amounting to CNY 8,121,687.65, compared to CNY 8,616,328.90 in the previous period[22]

Financial Performance - The company's revenue for Q1 2025 was ¥865,458,115.95, a decrease of 35.48% compared to ¥1,341,350,963.33 in the same period last year[3] - The net profit attributable to shareholders was -¥38,161,346.94, representing a decline of 1,233.24% from ¥3,367,456.76 year-on-year[3] - The basic and diluted earnings per share were both -¥0.0493, a decrease of 1,246.51% from ¥0.0043 in the same period last year[3] - The company reported a net profit of -36,737,808.93 yuan for the current period, compared to a net profit of 35,551,817.51 yuan in the previous period, indicating a significant decline[27] - Basic and diluted earnings per share for the current period were -0.0493, compared to 0.0043 in the previous period[30] - The company experienced a decrease in sales revenue from 1,197,431,675.76 yuan to 845,939,686.30 yuan, reflecting a decline in business activity[31] - The company reported a total profit of -32,955,321.24 yuan, compared to 59,916,427.22 yuan in the previous period, indicating a substantial loss[27] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥72,112,375.92, a significant increase of 131.24% compared to -¥230,833,359.94 in the previous year[3] - Cash flow from operating activities generated a net cash inflow of 72,112,375.92 yuan, a recovery from a net outflow of -230,833,359.94 yuan in the previous period[31] - Total cash and cash equivalents at the end of the period were 1,017,992,455.11 yuan, down from 1,577,351,765.80 yuan in the previous period[34] - Cash and cash equivalents decreased to CNY 1,255,935,284.96 from CNY 1,505,507,093.78, representing a decline of 16.5%[19] - Cash flow from financing activities resulted in a net outflow of -379,716,871.58 yuan, compared to -94,682,600.91 yuan in the previous period[34] - The company received cash from the issuance of shares amounting to 980,000.00 yuan, an increase from 735,000.00 yuan in the previous period[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,322,556,920.31, down 6.74% from ¥9,996,074,864.67 at the end of the previous year[3] - Total assets decreased to CNY 9,322,556,920.31 from CNY 9,996,074,864.67, a reduction of 6.8%[21] - Total liabilities decreased to CNY 6,266,842,171.86 from CNY 6,867,177,307.29, a decline of 8.7%[23] - The equity attributable to shareholders decreased by 1.31% to ¥2,873,905,274.20 from ¥2,912,066,621.14 at the end of the last year[3] Operational Insights - The company reported a significant decline in gross profit margin compared to the previous year, impacting net profit[7] - The company has not disclosed any new product developments or market expansion strategies in this report[3] - Total operating revenue for Q1 2025 was CNY 866,667,354.46, a decrease of 35.4% compared to CNY 1,342,549,712.13 in the same period last year[25] - Total operating costs for Q1 2025 were CNY 910,149,375.43, down 32.3% from CNY 1,344,689,015.87 year-over-year[25] - Inventory as of March 31, 2025, was CNY 5,380,585,728.88, down 8.5% from CNY 5,884,723,784.10[19] Strategic Plans - The company plans to enhance cash flow management in its real estate business and expand its silver-haired health care business to create a second growth curve[15] - The company aims to actively conduct cash dividends based on its operational and financial conditions, enhancing investor confidence[15] - The company is committed to improving information disclosure quality and optimizing investor relations management[15] - The 2025 valuation enhancement plan focuses on core business and cost structure optimization to drive high-quality development[15] Non-Recurring Items - Non-recurring gains and losses totaled ¥1,428,699.01 for the reporting period[5] - The company incurred financial expenses of 24,709,220.21 yuan, an increase from 20,024,108.18 yuan in the previous period[27] - Investment activities generated a net cash inflow of 2,293,840.70 yuan, down from 57,891,883.96 yuan in the previous period[31]

Financial Performance - The company's revenue for Q1 2025 reached ¥684,796,378.74, representing a 24.23% increase compared to ¥551,221,292.75 in the same period last year[5] - Net profit attributable to shareholders was ¥50,355,660.30, a significant increase of 117.35% from ¥23,168,151.36 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥49,450,529.45, up 143.31% from ¥20,323,963.12 in the previous year[5] - Basic and diluted earnings per share both increased to ¥0.14, reflecting a 133.33% rise compared to ¥0.06 in the same period last year[5] - Total operating revenue for the current period reached ¥684,796,378.74, a 24.2% increase from ¥551,221,292.75 in the previous period[33] - Net profit for the current period was ¥50,355,660.30, compared to ¥23,168,151.36 in the previous period, representing a 117.6% increase[34] - Operating profit increased to ¥59,535,302.13, up from ¥29,611,022.77, marking a 101.5% growth[34] - Total comprehensive income for the current period was ¥46,300,443.40, significantly higher than ¥1,716,671.41 in the previous period[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,766,415,489.37, a 3.46% increase from ¥2,673,967,499.20 at the end of the previous year[5] - The company's total liabilities as of March 31, 2025, are 678,585,358.88 RMB, up from 632,437,812.11 RMB[32] - The company's retained earnings increased to 754,931,829.85 RMB from 704,576,169.55 RMB, showing a growth of about 7.14%[32] - Cash and cash equivalents at the end of the period totaled ¥280,452,750.62, an increase from ¥234,055,805.03 at the end of the previous period[39] Cash Flow - The company reported a net cash flow from operating activities of -¥15,763,559.13, a 9.14% decline compared to -¥14,443,157.72 in the same period last year[5] - Cash flow from operating activities showed a net outflow of ¥15,763,559.13, slightly worse than the previous period's outflow of ¥14,443,157.72[38] - The company experienced a cash inflow from financing activities of ¥76,714,973.30, compared to ¥10,815,989.77 in the previous period, indicating a significant improvement[39] Research and Development - Research and development expenses increased by 35.35% to ¥1,998,286.08, driven by higher spending on new product development[9] - Research and development expenses rose to ¥1,998,286.08, compared to ¥1,476,414.79 in the previous period, indicating a 35.4% increase[33] - The company has authorized 3 invention patents in Q1 2025, including 2 domestic and 1 U.S. patent[25] Product Development and Market Performance - The overall gross margin for the company's products increased to 13.65%, up 3.67% from the same period last year[17] - The gross margin for the three core products (prebiotics, dietary fiber, and sugar-reducing sweeteners) reached 18.36%, an increase of approximately 5.03% year-on-year[17] - The revenue from sugar-reducing sweeteners in Q1 2025 grew by approximately 96%, with erythritol, allulose, and crystalline fructose revenues increasing by about 123%, 82%, and 80% respectively[20] - The gross margin for prebiotics improved by 2.2% to 25%, while dietary fiber gross margin increased by 4.97% to 18%[17] - The company has optimized its product structure, with the three core products accounting for 60.68% of revenue and 63% of total gross profit[18] Investments and Projects - The company has completed the construction of a DHA algal oil production line with an initial planned annual output of 2,000 tons, which is currently in trial production[22] - The company has initiated the construction of a project for the annual production of 2,500 tons of HMOs (human milk oligosaccharides), which has also been completed and is in small-scale production[22] - The company is in the process of submitting safety assessment materials for HMOs as a new food nutrition fortifier to the National Health Commission[24] - The company plans to invest up to 621.80 million RMB (approximately 85 million USD) in the U.S. functional sugar (alcohol) project to meet growing international demand[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,156[11] - Accounts receivable rose to 274,263,768.56 RMB from 242,427,300.35 RMB, indicating a growth of approximately 13.14%[30] - Inventory increased to 323,169,653.46 RMB from 288,707,250.38 RMB, reflecting a growth of about 11.92%[30] - Short-term borrowings increased to 330,136,068.34 RMB from 260,186,663.06 RMB, representing a rise of approximately 26.87%[31]

Financial Performance - The company's operating revenue for Q1 2025 was ¥131,585,793.25, a decrease of 7.03% compared to ¥141,533,972.82 in the same period last year[5] - Net profit attributable to shareholders was ¥30,165,648.84, down 10.73% from ¥33,791,653.90 year-on-year[5] - Basic and diluted earnings per share decreased by 10.53%, from ¥0.19 to ¥0.17[5] - Net profit for the current period is ¥31,243,461.12, a decline of 12.5% compared to ¥35,484,175.00 in the previous period[18] - Earnings per share (basic and diluted) is ¥0.17, down from ¥0.19 in the previous period[18] Cash Flow - The net cash flow from operating activities significantly dropped by 83.82%, from ¥41,629,662.39 to ¥6,735,216.71[9] - Cash flow from operating activities generated a net amount of ¥6,735,216.71, significantly lower than ¥41,629,662.39 in the previous period[21] - Cash outflow from investing activities was -¥10,171,545.73, an improvement from -¥12,070,631.81 in the previous period[21] - Cash inflow from financing activities was ¥1,000,000.00, compared to ¥25,000,000.00 in the previous period[21] - The net cash flow from financing activities was -$29,020,612.47, compared to -$37,099,450.81 in the previous period, indicating an improvement[22] - The net increase in cash and cash equivalents was -$32,456,941.49, a significant decline from -$7,540,420.23 in the prior period[22] - The ending balance of cash and cash equivalents was $342,019,849.19, down from $374,476,790.68 at the beginning of the period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,802,131,829.81, a decline of 2.65% from ¥1,851,252,770.16 at the end of the previous year[5] - Current assets decreased from RMB 414,453,538.47 to RMB 384,571,720.84, a decline of about 7.2%[14] - The company's cash and cash equivalents decreased from RMB 374,761,302.69 to RMB 342,304,361.20, a drop of approximately 8.7%[14] - The company's total liabilities decreased from RMB 253,480,046.82 to RMB 200,644,407.42, a reduction of about 21%[15] - Total liabilities decreased to ¥356,845,914.41 from ¥437,223,154.71, reflecting a reduction of 18.3%[16] - The company's total assets decreased from RMB 1,851,252,770.16 to RMB 1,802,131,829.81, reflecting a reduction of approximately 2.6%[15] Shareholder Information - Shareholders' equity attributable to the parent company increased by 2.14%, reaching ¥1,394,685,104.98 compared to ¥1,365,506,617.31 at the end of the previous year[5] - Total equity attributable to shareholders increased to ¥1,394,685,104.98 from ¥1,365,506,617.31, an increase of 2.1%[16] - The number of ordinary shareholders at the end of the reporting period was 14,082[9] - The largest shareholder, Wuhan Contemporary Urban Construction Development Limited, holds 22.53% of the shares[9] Compensation and Legal Proceedings - The company received government subsidies amounting to ¥937,520.47 during the reporting period[7] - The company reported a significant increase in resource compensation fees compared to the previous year, contributing to the decline in cash flow[9] - The company received performance compensation payments totaling RMB 32,884,440 and RMB 10,961,480 from Wuhan Kawo Tourism Development Co., Ltd. and Wuhan Huama Hong Tourism Industry Co., Ltd. respectively[11] - As of the report date, the company has fully recovered performance compensation payments for both 2022 and 2023 from Huama Hong Company, amounting to RMB 11,481,767.28 and RMB 3,431,544.22 respectively[12] - The company has initiated legal proceedings to auction the equity held by Kawo Tourism to recover outstanding performance compensation payments[13] Other Financial Metrics - Total operating costs decreased to ¥90,530,271.81, down 2.4% from ¥92,729,439.21[17] - Other comprehensive income after tax for the current period is -¥987,161.17, slightly improved from -¥1,012,473.00 in the previous period[18] - The company reported a significant increase in accounts payable, rising from RMB 4,969,732.49 to RMB 4,314,861.78, indicating a change of approximately -13.1%[15] - The company’s long-term investments remained relatively stable, with a slight decrease from RMB 108,084,385.00 to RMB 107,987,591.15[14] - The company’s non-current assets totaled RMB 1,417,560,108.97, down from RMB 1,436,799,231.69, reflecting a decrease of about 1.3%[15]

Financial Performance - The company's operating revenue for Q1 2025 was ¥350,173,299.10, a decrease of 23.49% compared to ¥457,684,536.83 in the same period last year[4] - The net profit attributable to shareholders was -¥48,099,473.17, representing a decline of 56.24% from -¥30,785,561.80 year-on-year[4] - The basic earnings per share decreased by 60.00% to -¥0.064 from -¥0.040 in the previous year[4] - The weighted average return on equity fell by 8.51 percentage points to -9.74% compared to -1.23% in the same period last year[4] - Net profit for the current period is a loss of ¥48,022,469.95, compared to a loss of ¥30,506,609.16 in the previous period, representing a 57.3% increase in loss[16] - Basic and diluted earnings per share for the current period are both -0.064, compared to -0.040 in the previous period[17] - Other comprehensive income after tax for the current period is a loss of ¥6,375,604.32, compared to a loss of ¥9,819,408.30 in the previous period[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,258,445,593.16, down 1.26% from ¥3,299,970,012.25 at the end of the previous year[4] - The equity attributable to shareholders decreased by 10.45% to ¥466,626,557.90 from ¥521,101,635.39 at the end of the previous year[4] - Total liabilities increased to CNY 2,789,549,707.22 from CNY 2,776,676,052.04, showing a growth of approximately 0.5%[14] - The current liabilities totaled CNY 2,699,480,480.55, up from CNY 2,608,013,193.24, reflecting an increase of approximately 3.3%[14] - The non-current assets decreased to CNY 1,312,439,956.72 from CNY 1,392,763,558.13, indicating a decline of about 5.8%[13] Cash Flow - The net cash flow from operating activities was ¥92,642,245.34, a slight decrease of 1.60% from ¥94,145,354.02 in the same period last year[4] - Cash flow from operating activities for the current period is ¥92,642,245.34, slightly down from ¥94,145,354.02 in the previous period[18] - Cash and cash equivalents at the end of the current period amount to ¥324,096,084.44, down from ¥341,140,749.44 in the previous period[19] - The company reported a net cash outflow from investing activities of ¥10,632,888.45, compared to an outflow of ¥18,010,792.32 in the previous period[19] - The company experienced a net cash outflow from financing activities of ¥69,375,455.68, compared to an outflow of ¥50,858,114.55 in the previous period[19] Shareholder Information - The company reported a total of 94,042 common shareholders at the end of the reporting period[8] - The largest shareholder, Zhejiang Rifa Holding Group Co., Ltd., held 22.32% of the shares, amounting to 167,479,598 shares[9] Research and Development - Research and development expenses increased to ¥14,097,274.94, up from ¥5,832,896.03 in the previous period, indicating a 141.5% increase[15] Inventory and Receivables - Accounts receivable increased to CNY 237,223,455.14 from CNY 217,342,667.95, representing an increase of approximately 9%[12] - Inventory levels rose to CNY 1,176,056,100.05 from CNY 1,130,576,816.44, marking an increase of about 4%[13] Ongoing Negotiations - The company is in ongoing negotiations regarding the compensation for five aircraft currently detained in Russia, with no resolution reached yet[11]

Financial Performance - The company's operating revenue for Q1 2025 was ¥703,151,859.24, representing a 10.48% increase compared to ¥636,442,027.56 in the same period last year[5] - Net profit attributable to shareholders increased by 3.46% to ¥88,482,152.34 from ¥85,523,701.41 year-on-year[5] - The company's basic earnings per share rose by 2.58% to ¥0.1673 from ¥0.1631 year-on-year[5] - The company's net profit for the current period is CNY 85,403,422.26, a decrease of 3.3% compared to CNY 88,550,521.00 in the previous period[25] - The total profit before tax decreased to CNY 101,198,792.60, down from CNY 105,774,473.94 in the previous period[25] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 86.27%, amounting to -¥265,416,105.43 compared to -¥142,487,434.92 in the previous year[5] - Cash and cash equivalents increased to ¥2,368,473,381.52 from ¥1,018,054,819.43, representing a growth of 132.4%[21] - Cash and cash equivalents at the end of the period increased to CNY 1,979,818,347.07, compared to CNY 425,589,925.37 at the end of the previous period[27] Assets and Liabilities - The total assets of the company increased by 32.27% to ¥8,190,488,319.18 from ¥6,192,236,663.86 at the end of the previous year[5] - Total liabilities increased to ¥2,749,236,249.50, a rise of 12.8% from ¥2,437,278,522.89[22] - The company's equity attributable to shareholders reached ¥4,286,849,639.54, an increase of 23.2% from ¥3,478,068,019.39[23] - The company's total liabilities increased slightly from RMB 4.5 million to RMB 4.9 million from December 31, 2024, to March 31, 2025[17] Operational Metrics - The company reported a 37.39% increase in selling expenses, primarily due to higher service fees[8] - Total operating costs amounted to ¥637,837,621.57, up 17.9% from ¥540,608,002.03 in the prior period[24] - Total revenue from operating activities decreased to CNY 318,948,883.22, down 21.2% from CNY 404,576,281.30 in the previous period[26] - The company reported an increase in operating expenses, with cash paid for goods and services amounting to CNY 241,834,726.10, down from CNY 286,897,560.67[26] Investments and Acquisitions - Investment income surged by 6353.63% due to the transfer of ¥40 million from capital reserves to investment income after the restructuring of a subsidiary[8] - The company plans to acquire 100% equity of Sanmo and other subsidiaries through equity issuance, with New Materials Group investing RMB 1.567 billion for new shares[16] - The company is in the process of evaluating the assets of its subsidiaries for the acquisition, with evaluations completed for three entities[15] - The company has not yet initiated the injection of 100% equity of China Machinery International Cooperation into Guojijingangshi[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,366[11] - The company raised a total of RMB 114,741,068.09 by issuing 7,504,321 shares at a price of RMB 15.29 each, increasing the total share capital to 536,266,835 shares[13] Subsidiary Performance - In 2024, the subsidiary Sanmo achieved revenue of RMB 820 million and a net profit of RMB 190 million[19] - The financial status of Guojijingangshi as of March 31, 2025, shows total assets of RMB 3.338 billion and net assets of RMB 3.289 billion[17] Research and Development - Research and development expenses decreased to ¥35,379,918.17 from ¥43,288,461.56, a decline of 18.3%[24] Borrowings - The company's short-term borrowings increased by 84.60%, indicating a need for additional working capital[9] - Short-term borrowings increased to ¥305,056,372.41 from ¥165,254,712.43, reflecting an increase of 84.6%[22] Other Information - The company has not reported any new products or technologies in this earnings call[25] - There were no significant mergers or acquisitions mentioned during the earnings call[25]

成都市新筑路桥机械股份有限公司 2025 年第一季度报告 证券代码：002480 证券简称：新筑股份 公告编号：2025-035 成都市新筑路桥机械股份有限公司 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 1 成都市新筑路桥机械股份有限公司 2025 年第一季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 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） | 334,997,367.74 | 462,882,673.90 | ...

Financial Performance - The company's revenue for Q1 2025 reached ¥6,092,434,550.56, representing a 15.34% increase compared to ¥5,282,023,999.11 in the same period last year[5] - Net profit attributable to shareholders was ¥101,389,231.19, a 2.94% increase from ¥98,492,388.55 year-on-year[5] - The company reported a significant increase in operating profit of 63.03%, reaching ¥205,994,609.45 compared to ¥126,352,544.97 in the previous year[9] - The total profit for the period was ¥206,673,539.06, reflecting a 64.13% increase from ¥125,917,037.07 year-on-year[9] - Net profit for the period reached ¥127,469,549.56, a 10.5% increase compared to ¥115,762,127.67 in the prior period[20] - The company's EBITDA for Q1 2025 was approximately ¥1.15 billion, an increase of ¥84 million or 7.85% compared to ¥1.07 billion in Q1 2024[11] - The total comprehensive income attributable to the parent company was 92,386,982.04 yuan, a decrease from 101,530,510.81 yuan in the previous period, representing a decline of approximately 9.2%[21] - The company reported a basic and diluted earnings per share of 0.0668 yuan, up from 0.0650 yuan in the previous period, marking an increase of 2.8%[21] Cash Flow - The net cash flow from operating activities increased by 84.53% to ¥1,458,295,893.72, up from ¥790,288,598.98 in the previous year[5] - The cash inflow from operating activities totaled 7,004,778,295.78 yuan, up from 5,267,689,065.20 yuan, indicating a growth of 32.9%[21] - The net cash outflow from financing activities was approximately ¥2.27 billion, a decrease of 38.79% compared to the previous period, primarily due to the repayment of maturing bank loans[11] - The net cash generated from financing activities increased significantly to approximately ¥1.19 billion, representing a 994.79% increase, driven by the comprehensive impact of cash inflows and outflows from financing activities[11] - The net cash flow from financing activities was 1,193,005,552.35 yuan, compared to 108,971,097.40 yuan in the previous period, showing a substantial increase[22] - The net increase in cash and cash equivalents was approximately ¥128.31 million, compared to a net decrease of ¥40.44 million in the previous period, reflecting the combined effects of cash flows from operating, investing, and financing activities[11] Assets and Liabilities - Total assets at the end of the reporting period were ¥40,149,084,011.39, a 2.06% increase from ¥39,340,187,388.18 at the end of the previous year[5] - Total current assets at the end of the reporting period amounted to approximately ¥13.07 billion, down from ¥14.01 billion at the beginning of the period[16] - Total liabilities increased to ¥24,323,631,863.41, up from ¥23,628,932,361.21, reflecting a rise of 2.9%[18] - The company's equity attributable to shareholders rose to ¥14,783,220,003.92, compared to ¥14,690,833,021.88, marking an increase of 0.6%[18] Investments - Long-term equity investments surged by 226.37% to ¥2,010,992,298.36, primarily due to increased investment payments to joint ventures[8] - The long-term equity investments increased significantly to approximately ¥2.01 billion, up from ¥616.17 million at the beginning of the period[16] - The company reported an investment income of ¥16,819,008.39, a significant recovery from a loss of ¥7,888,422.31 in the previous period[19] Shareholder Information - The total number of common shareholders at the end of the reporting period was 295,078, with no preferred shareholders having restored voting rights[13] - The largest shareholder, Nantong Huada Microelectronics Group Co., Ltd., holds a 19.90% stake, amounting to 301,941,893 shares, with 44,510,000 shares pledged[13] - The second-largest shareholder, National Integrated Circuit Industry Investment Fund, holds 8.77% of the shares, totaling 133,156,578 shares[13] - The company has not reported any significant changes in the shareholding structure among the top ten shareholders, indicating no related party transactions or concerted actions among them[14] Operating Costs and Expenses - Total operating costs rose to ¥5,946,589,785.79, reflecting a 14.4% increase from ¥5,198,773,432.23[19] - Research and development expenses increased to ¥367,360,238.35, up 28.6% from ¥285,652,870.54[19] - The company experienced a 66.99% increase in taxes and surcharges, totaling ¥18,375,996.01, due to higher urban construction tax and additional fees[9] - The company reported a 679.96% increase in income tax expenses, amounting to ¥79,203,989.50, primarily due to differences in depreciation tax policies and increased taxable income from subsidiaries[9] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20]