汉钟精机(002158) - 2023 Q2 - 季度财报

Employee Development and Training - The company has developed a comprehensive training system, resulting in the cultivation of 27 intermediate engineers and 2 senior engineers by the end of the reporting period [30]. - The company collaborates with various professional training institutions and universities to enhance employee skills and knowledge sharing [30]. Corporate Social Responsibility - As of June 30, 2023, the charity fund established by the company has supported 782 impoverished students, 44 outstanding students, 38 excellent teachers, and 232 impoverished families, with a total funding amount exceeding 1.21 million yuan, benefiting 2,953 individuals in need [32]. - In April 2023, the company held its 27th anniversary sports meeting and organized the 2022 annual year-end party [31]. Environmental Sustainability - The company has implemented a photovoltaic power generation system, with a rooftop area of 41,855 square meters in two factories, generating 98.39 million kWh of electricity in the first half of 2023, equivalent to approximately 277.78 tons of standard coal [35]. - Cumulatively, the company has utilized 10.48 million kWh of photovoltaic power, equivalent to about 2,939.07 tons of standard coal [35]. - The company has been recognized as a "Four-Star Green Factory" in Shanghai and received the title of "Green Factory Demonstration Unit" from the Ministry of Industry and Information Technology in 2020 [37]. - The company has established a "Green Carbon Work Group" and plans to complete the certification of the ISO 50001 energy management system by the end of 2023 [35]. - The company actively promotes green product development and has implemented a resource recycling mechanism to enhance sustainability [35]. - The company has adopted advanced clean production processes and technologies to optimize energy use and reduce CO2 emissions throughout the production process [36]. Investor Relations - The company has engaged in 105 investor research and visit activities during the reporting period, ensuring no premature disclosure of undisclosed information [40]. - The company has maintained a 100% response rate to investor inquiries through the interactive platform, responding to 26 inquiries during the reporting period [41]. Compliance and Governance - The company has committed to not engaging in any business activities that compete directly or indirectly with its main business, ensuring compliance with its commitments [46]. - The company did not have any violations regarding external guarantees during the reporting period [75]. - The company has no non-operating fund occupation by controlling shareholders and their affiliates during the reporting period [75]. - The semi-annual report for 2023 has not been audited [75]. - The company did not experience any major litigation or arbitration matters during the reporting period [77]. - The company confirmed that all related party transactions were conducted at market prices [81]. - The company has not reported any major penalties or rectification measures during the reporting period [79]. Financial Reporting and Accounting Policies - The company recognizes government grants as monetary and non-monetary assets, categorized into asset-related and income-related grants [132]. - The company has established accounting policies for contract assets and costs, ensuring they are recognized and measured appropriately [134]. - The company recognizes development expenditures incurred during the development phase as expenses in the current period, with previously recognized expenditures not reclassified as assets in future periods [50]. - Long-term assets are assessed for impairment, and if the recoverable amount is less than the carrying amount, an impairment loss is recognized in the current period [51]. - Long-term prepaid expenses are amortized over a period exceeding one year, using the straight-line method [54]. - Contract liabilities are recognized for obligations to transfer goods for received or receivable customer consideration [55]. - Short-term employee benefits are recognized as liabilities and included in the relevant asset costs and expenses during the accounting period in which services are provided [56]. Financial Performance and Position - Cash and cash equivalents at the end of the reporting period amounted to ¥1,386,409,769.32, representing 23.65% of total assets, a decrease of 1.81% from the previous year [149]. - Accounts receivable stood at ¥638,302,541.42, accounting for 10.89% of total assets, down by 0.96% year-on-year [149]. - Inventory increased to ¥1,038,855,321.51, which is 17.72% of total assets, reflecting a rise of 1.45% compared to the previous year [149]. - The company reported a net asset value of ¥988,830,905.33 for its overseas assets in Taiwan, contributing 30.75% to the company's net assets, with a net profit of ¥98,069,229.58 during the reporting period [150]. - The total investment during the reporting period was ¥20,787,300.00, a decrease of 40.41% compared to ¥34,883,000.00 in the same period last year [155]. - The company’s fixed assets reached ¥935,388,251.48, which is 15.96% of total assets, an increase of 0.78% from the previous year [149]. - Short-term borrowings amounted to ¥787,682,888.41, representing 13.44% of total assets, a slight decrease of 0.55% year-on-year [149]. - Long-term borrowings increased to ¥231,922,354.75, accounting for 3.96% of total assets, up by 1.16% from the previous year [149]. Shareholder Information - The largest shareholder, Panama Helmes Company, holds 32.70% of the shares, totaling 174,857,799 shares [182]. - Capital Harvest Technology Limited is the second-largest shareholder with 28.64%, holding 153,119,691 shares [182]. - The total number of shareholders holding more than 5% of the shares remains unchanged during the reporting period [186]. - The company did not experience any changes in its controlling shareholder during the reporting period [193]. - There were no changes in the shareholding of directors, supervisors, and senior management during the reporting period [190]. - The company did not engage in any repurchase transactions during the reporting period [189]. - There are no known relationships or concerted actions among the top shareholders, specifically between Panama Helmes Company and Capital Harvest Technology Limited [188]. - The company reported no preferred shares during the reporting period [196]. - The company indicated that there are no applicable bond-related situations [200]. Subsidiary Performance - Taiwan Hanzhong, a subsidiary, reported total assets of approximately NT$1.84 billion and a net profit of NT$127.17 million [123]. - Zhejiang Hansheng, another subsidiary, had total assets of approximately RMB 564.54 million and a net profit of RMB 7.55 million [123]. - Shanghai Kema reported total assets of approximately RMB 140.35 million with a net profit of RMB 770,911.99 [123]. - Hong Kong Hanzhong, involved in international trade, had total assets of approximately USD 372.59 million and a net loss of USD 309,400.39 [123]. - Qingdao Century Dongyuan reported total assets of approximately USD 45.09 million and a net profit of USD 339,040.96 [123]. - The company has no subsidiaries or associates that significantly impact net profit by over 10% [124]. - The company has not reported any major events related to its subsidiaries during the period [125]. Risk Management - The company has established a risk management framework to mitigate market, liquidity, credit, operational, and legal risks associated with derivative trading [158]. - The independent directors approved the company's foreign exchange derivative trading activities, emphasizing the effectiveness in controlling foreign exchange risk costs [158]. - The company has not engaged in speculative derivative investments during the reporting period [159]. - The company completed the liquidation process of its subsidiary, Hitachi Machinery Manufacturing (Shanghai) Co., Ltd., which was dissolved on March 28, 2023 [163]. - The company has not faced significant changes in risks and countermeasures compared to the previous year [164].