JEE(SH:688162)2022-08-26 16:00Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,423,333,669.10, representing a 44.24% increase compared to CNY 986,765,694.64 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2022 was CNY 62,641,925.89, a decrease of 32.10% from CNY 92,252,355.98 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 31,124,869.62, down 61.91% from CNY 81,719,535.90 year-on-year[18]. - The net cash flow from operating activities increased by 61.81% to CNY 148,692,749.35, compared to CNY 91,891,019.96 in the same period last year[18]. - The total assets at the end of the reporting period were CNY 6,638,439,274.02, an increase of 18.81% from CNY 5,587,556,781.55 at the end of the previous year[18]. - The net assets attributable to shareholders at the end of the reporting period were CNY 2,538,054,661.75, a slight increase of 0.94% from CNY 2,514,381,983.02 at the end of the previous year[18]. - The basic earnings per share for the first half of 2022 were CNY 0.46, down 48.89% from CNY 0.90 in the same period last year[19]. - Revenue increased by 44.24% year-on-year, primarily due to the growth in the electric motor and control components business for new energy vehicles[20]. - Net profit attributable to shareholders decreased by 32.10% year-on-year, mainly due to increased project implementation costs from the pandemic, rising raw material prices leading to a decline in gross margin, and increased R&D and management expenses[20]. Research and Development - The R&D expenditure as a percentage of operating revenue was 7.39%, a decrease of 0.30 percentage points from 7.69% in the previous year[19]. - The company achieved a total R&D investment of ¥105,198,536.10, representing a year-on-year increase of 38.69%[57]. - The number of R&D personnel increased to 689, accounting for 22.11% of the total workforce, up from 21.24% in the same period last year[66]. - The company has developed 21 core technologies related to intelligent manufacturing production lines and 12 core technologies for new energy vehicle motor and control components[42]. - The company employs a customer-oriented R&D model, integrating client needs into its technology development process[37]. Market Position and Strategy - The company is positioned in the "C35 Special Equipment Manufacturing" industry and focuses on high-end equipment manufacturing and new energy vehicle components[27][32]. - The company has established itself as a mainstream supplier in the intelligent equipment and new energy vehicle motor and control components sectors, with a strong market position in China[35]. - The company has accumulated significant customer resources and brand reputation in the intelligent equipment sector, maintaining a leading market share domestically[35]. - The company is focusing on expanding its capabilities in lithium battery and fuel cell assembly technologies, ensuring high standards in production processes[46]. - The company is actively pursuing market expansion and technological advancements to enhance its competitive edge in the industry[113]. Production and Technology - The company has developed a digital process planning technology for intelligent production lines, significantly reducing installation and debugging time[44]. - The virtual debugging technology integrates mechanical, electrical, and control systems for simulation, optimizing design before formal manufacturing, thus lowering project risks and costs[44]. - The online measurement technology achieves measurement accuracy comparable to imported equipment, enhancing manufacturing quality for automotive powertrains[46]. - The company has implemented a high-precision servo pressing technology, which improves production efficiency and product quality with a high pass rate[46]. - The intelligent tightening technology enables online monitoring and error-proofing, contributing to quality management and statistical analysis[46]. Financial Commitments and Shareholder Relations - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of its stock listing[131]. - The company will not reduce its shareholdings if it encounters major violations that could lead to delisting, from the date of administrative penalties or judicial rulings until the stock is delisted[132]. - The company has established a plan to ensure compliance with the Shanghai Stock Exchange's regulations regarding share reductions[132]. - The company will ensure timely and accurate information disclosure regarding any share reduction activities[136]. - The company will compensate investors for losses incurred due to any false statements or omissions in the prospectus, with compensation amounts determined by court rulings or mutual agreements[152]. Environmental Compliance - The company has established various environmental management systems to ensure compliance with environmental protection laws and regulations[128]. - The company does not belong to the key pollutant discharge units and has not received any administrative penalties for environmental issues[125]. - Wastewater from the company is treated before being discharged, meeting local sewage treatment standards[125]. - The company utilizes low-noise equipment and implements noise pollution control measures to comply with relevant standards[126]. - Solid waste, including metal scraps and household waste, is regularly sent to disposal centers, and hazardous waste is managed by qualified entities[126].