NJEC(SH:600699)2015-10-27 16:00Financial Performance - Total assets increased by 46.18% to CNY 9,149,561,407.03 compared to the end of the previous year[6] - Net assets attributable to shareholders increased by 53.26% to CNY 3,709,489,929.37 compared to the end of the previous year[6] - Operating revenue for the first nine months reached CNY 6,017,158,840.56, a year-on-year increase of 17.25%[6] - Net profit attributable to shareholders increased by 19.54% to CNY 270,342,571.09 compared to the same period last year[6] - Basic and diluted earnings per share both increased by 16.67% to CNY 0.42[6] - Cash flow from operating activities for the first nine months was CNY 204,858,037.79, an increase of 11.03% year-on-year[6] - Total operating revenue for Q3 2023 reached ¥2,119,223,552.37, a 21.1% increase from ¥1,749,391,872.57 in Q3 2022[36] - Net profit for the first nine months of 2023 was ¥286,360,710.74, up 25.9% from ¥227,400,692.12 in the same period last year[36] - Operating profit for Q3 2023 was ¥112,615,920.96, compared to ¥94,691,588.59 in Q3 2022, reflecting an increase of 18.9%[36] - Total profit for the first nine months of 2023 was ¥398,527,542.09, an increase of 27.9% from ¥311,589,358.26 in the same period last year[36] Shareholder Information - The total number of shareholders at the end of the reporting period was 31,439[10] - The company completed a private placement of 53,224,983 shares at a price of 21.20 CNY per share, raising a total of approximately 1.13 billion CNY[18] Business Operations and Growth - Revenue from Preh increased by 7% year-on-year in RMB terms, with a 28% increase in Euro terms[13] - The integration effects of the acquisition of Quin are gradually becoming evident, contributing to stable business performance[13] - The company overcame the impact of exchange rate fluctuations and market volatility to maintain rapid growth in revenue and net profit[13] - The industrial robot integration business achieved a sales revenue growth of 84% year-on-year from January to September, and a 64% growth in sales from July to September[14] - The company showcased a new human-machine interaction (HMI) product at the Frankfurt Auto Show, which is now applied in the new Audi Q7's central control system[16] - The company launched a 48V mild hybrid power management system at the Frankfurt Auto Show, addressing the needs of European automakers[17] - The company has received manufacturing system and production line orders from global companies like BorgWarner and TRW in China, enhancing its industrial 4.0 capabilities[14] Financial Investments - The company has invested in various financial products, including bank wealth management products and money market funds, with expected returns ranging from 3.50% to 5.50%[21] - The company has invested in various bank wealth management products, including a 30,000,000 RMB investment in a wealth management plan with a 3.70% return, maturing on March 17, 2016[22] - The company has invested in various financial products with returns ranging from 3.70% to 4.65%[22] Corporate Governance and Compliance - The company committed to not engaging in any business that competes with its main operations during its period as the largest shareholder of Deheng Co., ensuring the interests of all shareholders are protected[22] - The company guarantees that it will not use its controlling position to harm the interests of Deheng Co. and its minority shareholders[24] - The actual controller, Wang Jianfeng, has committed to not engaging in any competing business and to notify Deheng Co. of any competitive business opportunities[22] - The company has undertaken to ensure that its subsidiaries do not engage in competing businesses with Deheng Co.[22] - The company will adhere to legal and effective measures to prevent any conflicts of interest in business transactions with Deheng Co.[24] - The company has committed to maintaining independence in personnel, assets, finance, and operations for Deheng Co.[24] - The company has a commitment period of 36 months during which it will not transfer 187,000,000 shares acquired through a major asset restructuring transaction[24] - The company will ensure compliance with relevant laws and regulations regarding related party transactions and information disclosure[24] - The company committed to not engaging in any business that competes with Junsheng Electronics during its period as the largest shareholder[25] - The company will take effective measures to ensure that its subsidiaries do not engage in competing businesses with Junsheng Electronics[25] - Any business opportunities that may compete with Junsheng Electronics will be immediately reported to Junsheng Electronics, with priority given to them[25] - The company guarantees that it will not harm the interests of Junsheng Electronics and its minority shareholders through its controlling position[25] - The company will not seek preferential treatment from Junsheng Electronics in business cooperation due to its shareholder status[25] - The company will ensure that no illegal occupation of Junsheng Electronics' funds or assets occurs[25] - The company will strictly adhere to relevant laws and regulations regarding related party transactions with Junsheng Electronics[25] - The company reported a significant focus on ensuring independent operations and governance structures to protect shareholder interests[28] - The management team, including the CEO and CFO, is dedicated solely to the company and does not hold positions in other enterprises, ensuring operational independence[28] - The company guarantees that its assets and financial operations are independent and not subject to occupation by related parties[28] - There is a commitment to minimize related party transactions and ensure they are conducted at fair market prices[28] - The company has established a complete and independent labor, personnel, and compensation management system[28] - The company is committed to maintaining a robust and independent financial accounting system, including separate bank accounts[28] - The company has pledged to comply with all relevant laws and regulations regarding information disclosure and transaction procedures[28] - The company aims to avoid substantial competition with its controlling entities and ensure independent business operations[28] Cash Flow and Liquidity - Operating cash inflow for the first nine months reached ¥6,081,758,932.15, a 22.0% increase from ¥4,986,490,701.47 in the previous year[39] - Net cash flow from operating activities was ¥204,858,037.79, compared to ¥184,509,578.56 in the same period last year, reflecting a growth of 11.4%[39] - Total cash outflow from investment activities was ¥2,340,582,949.55, significantly higher than ¥820,050,100.99 in the previous year, resulting in a net cash flow from investment activities of -¥1,808,780,189.07[39] - Cash inflow from financing activities totaled ¥3,465,487,935.28, a substantial increase from ¥507,850,185.76 in the previous year, leading to a net cash flow from financing activities of ¥2,007,880,331.37[39] - The company reported a net increase in cash and cash equivalents of ¥402,867,391.11, compared to a decrease of ¥89,418,233.76 in the same period last year[39] - The ending balance of cash and cash equivalents was ¥906,630,202.87, up from ¥247,279,526.54 at the end of the previous year[39] - The company received ¥1,102,369,639.60 from investment absorption, indicating strong investor confidence[40] - Cash inflow from investment activities was ¥715,894,417.42, a significant increase from ¥61,335,426.73 in the previous year[40] - The company’s net cash flow from operating activities was -¥676,661,149.51, worsening from -¥40,951,323.46 in the previous year[40] - The cash and cash equivalents at the end of the period for the parent company was ¥593,279,275.93, compared to ¥101,108,384.64 in the previous year[40]