八方电气（苏州）股份有限公司2025 年第一季度报告 证券代码：603489 证券简称：八方股份 八方电气（苏州）股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、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。 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）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 上年同期 | 本报告期比上年 同期增减变动幅 | | --- | --- | --- | --- | | | | | 度(%) | | 营业收入 | 300,764,124.17 | 295,775,274.91 | 1.69 | | 归属于上市公司股东的净利润 | 21,844,670.32 | 16,535,627.48 ...

广东迪生力汽配股份有限公司2025 年第一季度报告 证券代码：603335 证券简称：迪生力 广东迪生力汽配股份有限公司 2025 年第一季度报告 广东迪生力汽配股份有限公司2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、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。 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）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比上年同 | | | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期 期增减变动幅度 | | | | | (%) | | | 营业收入 | 256,686,668.75 | 341,693,889.88 | -24.88 | | 归属于上市公司股东的 ...

Financial Performance - The company's operating revenue for 2024 was RMB 5,106,112,037.02, a decrease of 4.89% compared to RMB 5,368,887,974.75 in 2023[24]. - The net profit attributable to shareholders of the listed company for 2024 was RMB 224,961,752.08, down 30.69% from RMB 324,575,473.13 in 2023[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 200,563,209.96, a decrease of 4.61% compared to RMB 210,251,419.28 in 2023[24]. - The net cash flow from operating activities for 2024 was RMB 312,971,987.64, down 7.42% from RMB 338,043,501.97 in 2023[24]. - Basic earnings per share decreased by 31.08% to CNY 0.51 in 2024 from CNY 0.74 in 2023[25]. - Operating cash flow decreased significantly, impacted by a decline in sales revenue, leading to lower cash received from sales[25]. - The weighted average return on equity dropped by 3.28 percentage points to 6.68% in 2024 from 9.96% in 2023[25]. - The company reported a net profit of CNY 160,127,886.45 in Q1 2024, with a significant decrease in subsequent quarters[27]. - Total operating revenue for Q1 2024 was CNY 1,382,344,288.26, reflecting a decrease in sales performance[27]. - The company reported a total revenue of 234.73 million, with a net profit margin of 875.04 million[86]. Investment and Development - The company invested 1.05 billion yuan to establish a subsidiary focused on high and low pressure die-casting products for new energy vehicles, with a production capacity target of 150,000 battery housings and 700,000 shock towers annually[34]. - The company has developed new materials such as high-strength aluminum and magnesium alloys, focusing on lightweight automotive components and integrated casting technology[36]. - The company is committed to developing integrated casting capabilities to meet the growing demand for lightweight vehicle components[36]. - The company completed the development of over a thousand new products and components, enhancing its market competitiveness[57]. - Research and development expenses increased by 11.68% to 206 million RMB, indicating a focus on new product development[44]. Market Trends and Strategy - The penetration rate of new energy vehicles in the automotive market reached 40.9%, with traditional fuel vehicle sales declining significantly[34]. - In 2024, China's automotive production and sales reached 31.23 million and 31.44 million units, respectively, with new energy vehicle production and sales growing by 34.4% and 35.5% year-on-year[37]. - The company aims to enhance its market share with key clients such as Chery, BYD, Geely, and Changan, while also expanding its collaboration with emerging players like Huawei and Xiaomi[74]. - The company plans to accelerate new product development and technological innovation, focusing on high-value new products in the new energy sector to capture more market share[75]. - The company is actively pursuing market expansion through strategic investments and partnerships[66]. Operational Efficiency and Management - The company aims to enhance operational management through cost control measures and improved internal auditing processes[36]. - The company has established a modern enterprise management system to enhance cost control and resource efficiency[44]. - The company is focusing on the development of integrated die-casting technology to reduce component count and improve cost efficiency in new energy vehicle production[73]. - The company has a comprehensive training management system aimed at enhancing employee skills and overall management levels[106]. - The company has implemented comprehensive safety production supervision to prevent accidents and enhance employee training[127]. Governance and Compliance - The company has not violated any decision-making procedures for providing guarantees to external parties[8]. - The company has not faced any requests for extraordinary shareholder meetings from preferred shareholders[83]. - The company has not reported any significant changes in the business operations or competitive landscape that would affect its independence[82]. - The company’s governance structure has been updated with new appointments to enhance management effectiveness[93]. - The company faced regulatory warnings due to the absence of director Chen Xianhong from three board meetings, leading to a warning from the Shanghai Stock Exchange[95]. Shareholder Relations and Dividends - The company plans to distribute a cash dividend of RMB 3.5 per 10 shares, totaling RMB 160,837,911.85, which represents 100.77% of the net profit attributable to shareholders for 2024[6]. - The company has established a cash dividend policy, distributing a total of RMB 153,664,000, which accounts for 47.34% of the net profit attributable to shareholders for 2023[108]. - The company is committed to improving shareholder value through consistent dividend payments and share buyback programs[87]. - The company has maintained a stable profit distribution policy without adjustments during the reporting period[108]. Financial Position and Assets - The total assets at the end of 2024 were RMB 6,805,289,773.43, an increase of 0.73% from RMB 6,756,096,599.76 at the end of 2023[24]. - The net assets attributable to shareholders at the end of 2024 were RMB 3,354,979,204.21, a slight increase of 0.02% from RMB 3,354,385,207.76 at the end of 2023[24]. - The company’s total assets were reported at CNY 3,354,979,204.21, reflecting a solid asset base[200]. - The company’s total liabilities increased to CNY 3,076,000,463.07 from CNY 3,007,827,174.06, reflecting a growth of approximately 2.3% year-over-year[178]. - The company’s cash and cash equivalents decreased to CNY 696,246,896.51 from CNY 1,004,541,647.29, a reduction of approximately 30.6%[179]. Risks and Challenges - The company faces risks including intensified market competition, rising raw material prices, and potential talent shortages as it scales operations[77]. - The company has received regulatory warnings due to the failure of its controlling shareholder to timely disclose share reductions, leading to increased training on compliance for key personnel[138]. - The company has not encountered any delisting risks or significant financial irregularities[137]. Corporate Social Responsibility - The company has invested a total of 90,000 yuan in poverty alleviation and rural revitalization projects, benefiting local communities[128]. - The company has engaged in charitable donations totaling RMB 208,000, benefiting various community projects[126]. - The company donated 100,000 yuan annually to the Jiangsu Charity Association, demonstrating its commitment to social responsibility[127].

Financial Performance - Operating revenue for Q1 2025 reached RMB 1,131,735, an increase of 3.29% compared to RMB 1,095,689 in the same period last year[5] - Net profit attributable to shareholders was RMB 439,861, reflecting a growth of 6.19% from RMB 414,204 year-on-year[5] - Basic earnings per share rose to RMB 0.24, up 4.35% from RMB 0.23 in the same period last year[5] - The bank's operating profit for Q1 2025 was CNY 492,131 thousand, an increase of 9.2% from CNY 450,704 thousand in Q1 2024[29] - Investment income rose to CNY 454,941 thousand in Q1 2025, compared to CNY 300,288 thousand in Q1 2024, reflecting a growth of 51.4%[29] Cash Flow and Liquidity - Net cash flow from operating activities improved significantly to RMB 1,581,934, a 166.03% increase from a negative cash flow of RMB -2,395,793 in the previous year[5] - Cash flow from operating activities generated a net cash inflow of CNY 1,581,934 thousand in Q1 2025, a significant improvement compared to a net outflow of CNY 2,395,793 thousand in Q1 2024[31] - The net increase in cash and cash equivalents was -390,959 thousand, compared to -615,153 thousand in the previous period[32] - The beginning balance of cash and cash equivalents was 4,135,655 thousand, down from 5,051,417 thousand[32] - The ending balance of cash and cash equivalents was 3,744,696 thousand, a decrease from 4,436,264 thousand[32] Asset and Liability Management - Total assets at the end of Q1 2025 were RMB 221,889,802, representing a 3.69% increase from RMB 213,987,100 at the end of the previous year[5] - The bank's total liabilities increased to CNY 203,514,528 thousand as of March 31, 2025, compared to CNY 195,931,400 thousand at the end of 2024, marking an increase of approximately 3.0%[28] - The total loans amounted to CNY 133.22 billion, reflecting a growth of 3.00% year-to-date[13] - Total deposits increased to CNY 179.08 billion, marking a 5.19% rise since the start of the year[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,477, with the top 10 shareholders holding a combined 36.81% of shares[9] - The company’s capital adequacy ratio was reported at 12.91%[24] Operational Efficiency - The cost-to-income ratio improved to 30.62%, down from 35.22% in the previous year[22] - The non-performing loan ratio stood at 0.90%, with a provision coverage ratio of 420.03% as of March 31, 2025[13] Strategic Focus - The company continues to focus on supporting private economic development and promoting inclusive finance[13] - The company conducted 11 investor communication activities during the reporting period[11] Other Financial Metrics - Non-recurring gains and losses totaled RMB 3,129, with government subsidies contributing RMB 4,498[7] - Significant changes in financial data included a 2,311.91% increase in interbank and other financial institutions' deposits due to financing strategy adjustments[8] - The weighted average return on equity decreased by 0.20 percentage points to 2.39% compared to 2.59% in the previous year[5] - Net interest income decreased to CNY 703,412 thousand in Q1 2025, down 2.9% from CNY 724,479 thousand in the same period last year[29]

Financial Performance - The company's operating revenue for 2024 was CNY 1,044,612,100.74, a decrease of 38.11% compared to CNY 1,687,966,343.72 in 2023[26] - The net profit attributable to shareholders of the listed company was a loss of CNY 144,816,110.60, slightly improved from a loss of CNY 148,784,515.12 in the previous year[26] - The net cash flow from operating activities was CNY 29,934,593.21, recovering from a negative cash flow of CNY 64,747,207.32 in 2023[26] - Total assets decreased by 21.12% to CNY 1,251,695,374.87 from CNY 1,586,782,123.17 in 2023[26] - The net assets attributable to shareholders of the listed company were CNY 259,015,100.44, down 35.54% from CNY 401,804,209.55 in the previous year[26] - Basic earnings per share for 2024 were -CNY 0.34, consistent with -CNY 0.35 in 2023[27] - The company reported a weighted average return on equity of -43.83%, a decrease of 12.32 percentage points from -31.51% in the previous period[28] - The revenue from unrelated business activities was ¥1,001,708,064.23, down 40.27% from ¥1,677,095,996.95 in the previous period[28] - The automotive parts segment's revenue was impacted by production capacity not meeting expectations due to factory relocation and equipment debugging, affecting overseas market supply[37] - The automotive parts segment generated revenue of 748.92 million RMB, down 16.03% year-on-year, with a gross margin of 14.56%[66] - The new materials segment saw a significant revenue decline of 68.74%, with a gross margin of only 0.03%[66] Strategic Initiatives - The company plans to focus on new product development and market expansion strategies in the upcoming year[8] - The company adopted a cautious operational strategy, shifting to an OEM production model to mitigate risks due to significant market fluctuations[28] - The company plans to enhance production capacity for high-end aluminum alloy wheels and expand into the Southeast Asian market to increase main business revenue[37] - The company aims to sell over 320 acres of old factory land and 60,000 square meters of factory buildings to increase operational liquidity and reduce financial costs[37] - The company plans to expand its market share in the lithium battery recycling sector and enhance its competitive strength through mergers and acquisitions[99] - The company will focus on developing high-end aluminum alloy wheels and tires, particularly targeting the Southeast Asian market to increase production capacity and revenue[101] - The company recognizes the need for industry consolidation and will seek complementary acquisition targets to enhance its competitive capabilities and open new profit growth points[101] Risk Management - The company has indicated potential risks in future development strategies, which investors should be aware of[10] - The company plans to strictly control inventory and manage funds effectively to mitigate risks associated with raw material price fluctuations, particularly aluminum ingots[104] - The company will implement a multi-channel procurement strategy to ensure stable raw material supply and maintain reasonable inventory levels[104] - The company is focused on improving its internal control systems to ensure compliance with legal and regulatory requirements[113] Research and Development - The company has established a research and development center in collaboration with universities and research institutions to enhance production processes and technology reserves[39] - The total R&D expenditure was $21.58 million, which is 2.07% of operating revenue, with no capitalized R&D costs[76] - The company has invested 50 million RMB in R&D for new technologies related to lightweight materials[123] Environmental and Social Responsibility - The company invested 1,427,400 CNY in environmental protection funds during the reporting period[157] - Guangdong Weima achieved zero wastewater discharge in 2024, with all wastewater treated and reused[159] - The company has implemented corrective measures in response to regulatory actions from the Guangdong Securities Regulatory Bureau, aiming to enhance information disclosure quality and financial management[131] Corporate Governance - The total compensation for the board members and senior management during the reporting period amounted to 7.1961 million yuan[118] - The company has established a comprehensive internal control management system to enhance decision-making efficiency and ensure compliance with regulations[151] - The audit committee held 5 meetings during the reporting period, reviewing key financial reports and proposals[138] Market Outlook - The automotive industry is expected to maintain stable growth, with 2024 production and sales reaching 31.28 million and 31.44 million vehicles, respectively, representing year-on-year increases of 3.7% and 4.5%[43] - In 2024, China's new energy vehicle market is projected to achieve production and sales of 12.888 million and 12.866 million units, respectively, representing year-on-year growth of 34.4% and 35.5%[46] Financial Position - The company reported a net loss of 229,993,332.3 RMB, a significant increase of 170.02% compared to a loss of 85,177,221.75 RMB in the previous period[83] - Cash and cash equivalents decreased by 38.34% to 63,838,138.87 RMB from 103,539,943.89 RMB[82] - The total guarantee amount provided by the company to subsidiaries during the reporting period was CNY 283,426,548.33, with a total guarantee balance at the end of the period of CNY 315,623,088.23, accounting for 121.86% of the company's audited net assets[187] Employee and Management Information - The company has a total of 753 employees, with 59 in the parent company and 694 in major subsidiaries[144] - The average age of the board members and senior management is approximately 54 years[118] - Performance-based annual bonuses are distributed according to the results of performance evaluations, which consider profit, safety, and environmental indicators[146]

Financial Performance - The company's operating revenue for Q1 2025 was ¥103,762,041.18, a decrease of 64.81% compared to ¥294,864,068.23 in the same period last year[4] - The net loss attributable to shareholders was ¥92,587,093.22, compared to a loss of ¥81,734,642.90 in the previous year, indicating a worsening financial performance[4] - Basic and diluted earnings per share were both -¥0.22, compared to -¥0.19 in the same period last year[5] - The net profit for the first quarter of 2025 was -92,587,093.22 RMB, compared to -81,734,642.90 RMB in the same period of 2024, indicating a year-over-year decline of approximately 13.5%[18] - Total revenue from sales of goods and services in the first quarter of 2025 was 226,582,372.99 RMB, down from 426,447,239.98 RMB in the first quarter of 2024, representing a decrease of about 46.8%[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥249,015,389.87, slightly improved from -¥269,775,344.64 year-on-year[4] - Operating cash flow for the first quarter of 2025 was -249,015,389.87 RMB, slightly improved from -269,775,344.64 RMB in the first quarter of 2024[21] - The company reported a total cash inflow from operating activities of 258,870,742.65 RMB in the first quarter of 2025, down from 469,405,977.36 RMB in the same period of 2024, a decrease of approximately 44.8%[21] - Cash and cash equivalents decreased to RMB 300,857,877.03 as of March 31, 2025, from RMB 582,605,618.78 as of December 31, 2024, representing a decline of 48.5%[13] - Cash and cash equivalents at the end of the first quarter of 2025 were 65,836,077.39 RMB, significantly lower than 313,199,674.15 RMB at the end of the first quarter of 2024, a decline of about 78.9%[22] Assets and Liabilities - Total assets decreased by 7.03% to ¥5,895,199,592.98 from ¥6,341,138,711.37 at the end of the previous year[5] - Total liabilities decreased to RMB 4,678,338,730.28 as of March 31, 2025, from RMB 5,031,692,385.66 as of December 31, 2024, a decrease of 7.0%[16] - The company’s total liabilities increased, with cash outflow for debt repayment reaching 928,731,277.53 RMB in the first quarter of 2025, compared to 585,437,099.35 RMB in the same period of 2024, an increase of approximately 58.6%[22] Shareholder Information - The company had a total of 15,870 common shareholders at the end of the reporting period[10] - The top shareholder, Shanghai Chuangnengming Investment Co., Ltd., holds 18.35% of the shares, with 65,160,000 shares pledged[10] Operating Costs and Expenses - Total operating costs for Q1 2025 were RMB 221,581,928.29, down 45.0% from RMB 404,440,018.58 in Q1 2024[17] - The company incurred research and development expenses of 6,725,250.37 RMB in the first quarter of 2025, compared to 15,040,510.20 RMB in the same period of 2024, reflecting a reduction of approximately 55.3%[18] - Financial expenses decreased to 26,026,959.98 RMB in the first quarter of 2025 from 33,768,327.82 RMB in the first quarter of 2024, a decline of about 23.1%[18] Non-Recurring Items - Non-recurring gains and losses amounted to ¥10,131,522.49, with government subsidies contributing ¥11,600,939.55[6][7] Other Financial Metrics - The decline in operating revenue was primarily due to external environmental factors affecting project commencement and construction progress[8] - Accounts receivable decreased to RMB 1,429,529,618.26 as of March 31, 2025, from RMB 1,616,485,442.89 as of December 31, 2024, a reduction of 11.6%[14] - Inventory decreased slightly to RMB 105,249,571.94 as of March 31, 2025, from RMB 108,023,876.99 as of December 31, 2024, a decline of 2.6%[14] - The company’s non-current assets totaled RMB 3,717,321,481.23 as of March 31, 2025, a slight increase from RMB 3,707,483,670.58 as of December 31, 2024[15] - The company’s equity attributable to shareholders decreased to RMB 1,216,860,862.70 as of March 31, 2025, from RMB 1,309,446,325.71 as of December 31, 2024, a decline of 7.1%[16]

Financial Performance - The company achieved operating revenue of CNY 1.67 billion in 2024, a decrease of 31.57% compared to CNY 2.44 billion in 2023[23]. - The net profit attributable to shareholders of the listed company was a loss of CNY 61.76 million in 2024, down 428.73% from a profit of CNY 18.79 million in 2023[26]. - The basic earnings per share for 2024 was -CNY 0.39, a decline of 425.00% compared to CNY 0.12 in 2023[24]. - The weighted average return on equity decreased to -23.35% in 2024, down 31.29 percentage points from 7.94% in 2023[24]. - The company reported a net cash flow from operating activities of -CNY 133.72 million in 2024, a significant decline from CNY 2.26 million in 2023[23]. - The company experienced a significant decline in its core business revenue due to intensified market competition[26]. - The company fully recognized credit impairment losses and asset impairment losses, contributing to the substantial drop in net profit[26]. - The revenue from the telecommunications business dropped by 45.12% year-on-year, primarily due to intensified market competition[72]. - Operating costs amounted to CNY 1,502,650,325.41, down 33.18% year-on-year[68]. - Research and development expenses were CNY 53,447,513.29, a decrease of 14.46% compared to the previous year[68]. Corporate Governance - The board of directors and supervisory board members have confirmed the authenticity, accuracy, and completeness of the annual report[3]. - The company has received a qualified audit opinion from the accounting firm Xin Yong Zhong He[5]. - The company has not faced any issues with more than half of the directors being unable to guarantee the authenticity of the annual report[8]. - The company held four shareholder meetings during the reporting period, effectively protecting the rights of all shareholders[115]. - The board of directors consists of seven members, including three independent directors, and held ten meetings to oversee business operations and decision-making[115]. - The supervisory board, comprising three members, held six meetings to monitor the board's decisions and ensure compliance with regulations[116]. - The company adheres to strict information disclosure practices, ensuring transparency and protecting the rights of minority shareholders[116]. - The company has implemented measures to manage insider information and prevent leaks, maintaining a robust confidentiality system[117]. Strategic Initiatives - The company successfully delivered the first batch of its proprietary "Yuanxing" brand customized servers, marking a major breakthrough in market expansion[36]. - The company initiated the construction of a new computing center in Jiangsu, covering an area of 37,000 square meters, which is a significant project for 2024[40]. - The company signed contracts worth 171 million and 511 million for data center construction, showcasing its strong project management capabilities[42]. - The company established a joint venture, Xunxi Intelligent, to enhance its investment in the computing industry chain, focusing on chip technology services and server production[45]. - The company is actively pursuing opportunities in the computing field by partnering with Muxi Co., extending its business into hardware for computing equipment[44]. - The company is committed to accelerating the construction of its computing network, aiming to drive significant growth in its computing rental business[42]. - The company has secured new projects in the renewable energy sector, including maintenance for the Chongqing Tower Energy Charging Station and construction for the Jiangsu Tower Charging Piles, expanding its business scope[48]. Risk Management - The company has detailed potential risks in the "Management Discussion and Analysis" section of the report[8]. - The company faces risks related to customer concentration, particularly its reliance on China Mobile, and plans to diversify its customer base to mitigate this risk[109]. - The company is also addressing the high proportion of accounts receivable and potential bad debt risks by strengthening dynamic management and maintaining good customer relationships[110]. - The company will enhance its risk assessment framework to better identify and manage internal and external risks, particularly focusing on credit risk indicators[146]. - The company has committed to strengthening accounts receivable management through proactive communication with clients and implementing a dedicated collection mechanism[146]. Shareholder Relations - The company plans not to distribute cash dividends, issue bonus shares, or increase capital reserves for the fiscal year 2024[6]. - The company has a clear cash dividend policy, adhering to regulations and ensuring protection for minority shareholders[138]. - The company has not proposed any cash profit distribution plan despite having positive distributable profits for shareholders[140]. - The total number of shares held by the chairman, Liang Jianhua, decreased from 42,285,000 to 32,285,000, reflecting a reduction of 10,000,000 shares due to an agreement transfer[118]. - The total number of shares held by the independent director, Zhou Wei, increased from 0 to 58,680 shares, representing an incentive share release due to meeting performance conditions[118]. Internal Control and Compliance - The company has established a comprehensive internal control system that meets regulatory requirements but identified significant deficiencies in credit management for certain clients, leading to overdue receivables[144]. - The board acknowledges the internal control audit report with an emphasis on the overdue receivables issue and plans to implement corrective measures, including improved client credit assessments and stricter approval processes[145]. - The company has committed to improving risk management and control capabilities to prevent operational risks[166]. - The company has reported a commitment to comply with laws and regulations, ensuring no misuse of funds or assets[159]. Market Expansion and Innovation - The company is actively developing AI capabilities, with its AI app "Lingxi Miaobi" launched in major domestic app stores, focusing on generative AI functionalities[61]. - The company aims to achieve over 60% of new computing power concentrated at national hub nodes by the end of this year, with over 80% of new large data centers using green electricity[53]. - The company has established a competitive compensation system based on job roles and levels, ensuring internal fairness[136]. - The company is focused on developing new technologies and products to drive future growth and market expansion[120]. Legal Matters - The company is involved in a significant lawsuit against Lanzhou Kewen Tourism for the return of cooperation intention funds, with a court ruling in favor of the company[172]. - The company has initiated legal proceedings against Lanzhou Kewen Tourism for the repayment of the RMB 200 million cooperation intention funds, with a civil judgment received in June 2024[178].

华达汽车科技股份有限公司 2025 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 华达汽车科技股份有限公司2025 年第一季度报告 证券代码：603358 证券简称：华达科技 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、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。 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）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | | | | 本报告期比上年同 | | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期 | 期增减变动幅度 | | | | | (%) | | 营业收入 | 999,045,520.58 | 1,382,344,288.26 | -27.73 | | 归属于上市公司股东的净利 润 | 45,819,528.03 | 16 ...

Financial Performance - The company's operating revenue for 2024 reached RMB 4,174,343 thousand, representing a 3.17% increase from RMB 4,045,965 thousand in 2023[24]. - Net profit attributable to shareholders for 2024 was RMB 1,944,994 thousand, an increase of 11.62% compared to RMB 1,742,586 thousand in 2023[24]. - The company's basic earnings per share for 2024 increased by 10.31% to RMB 1.07 from RMB 0.97 in 2023[25]. - The capital adequacy ratio improved to 13.08% in 2024 from 11.88% in 2023[26]. - The net cash flow from operating activities decreased significantly by 47.16% to RMB 3,114,198 thousand from RMB 5,893,864 thousand in 2023[24]. - The company reported a total of RMB 59,391 thousand in non-recurring gains and losses for 2024, compared to RMB 84,350 thousand in 2023[29]. - The total revenue for the company reached 3,472,457 thousand, with a slight increase to 3,476,257 thousand in the latest reporting period[160]. - The company reported a net profit margin of 90.45% for the current fiscal year[160]. Asset and Loan Management - The total assets of Suzhou Rural Commercial Bank exceeded RMB 210 billion in 2024[12]. - Total assets at the end of 2024 were RMB 213,987,100 thousand, up 5.64% from RMB 202,564,681 thousand in 2023[24]. - The company reported a total loan amount of RMB 129,334,128 thousand, an increase from RMB 122,290,912 thousand in 2023[24]. - Total loans reached CNY 129.33 billion, an increase of CNY 7.04 billion or 5.76% from the previous year[37]. - The non-performing loan ratio remained stable at 0.90% in 2024, unchanged from 2023[26]. - The total amount of financial investments at the end of the period was ¥65,339,577 thousand, up from ¥62,223,019 thousand at the end of the previous year[96]. - The total loan balance at the end of the period reached ¥129,334,128 thousand, an increase of 5.76% from ¥122,290,912 thousand at the beginning of the period[85]. Risk Management - The bank has effectively managed various risks, including credit, market, liquidity, and operational risks[7]. - The bank established a liquidity risk management strategy and revised the warning indicator thresholds to effectively manage liquidity risk[128]. - The bank developed a multi-layered risk management system to address market risks, focusing on interest rate and exchange rate risks[129]. - The bank optimized its operational risk management system, enhancing its ability to control operational risks[130]. - The bank's compliance risk management has been strengthened through annual regulatory document reviews and performance evaluations, ensuring effective compliance across all business lines[134]. - The bank implemented 14 new credit management regulations to enhance credit risk management throughout the year[127]. Customer Engagement and Services - The bank's commitment to digital financial innovation includes the use of big data and artificial intelligence for personalized service recommendations[12]. - The retail financial sector accelerated its transformation, with personal savings deposits reaching CNY 101.34 billion by the end of 2024, an increase of CNY 14.02 billion from the beginning of the year[45]. - Wealth management products achieved record highs, with total sales of insurance exceeding CNY 1 billion, 1.71 times the sales in 2023, and fund sales surpassing CNY 150 million[45]. - The bank's innovative retail business model focused on integrating online and offline services, enhancing customer engagement through various digital platforms[50]. - The bank's comprehensive wealth management capabilities ranked in the top ten of the rural commercial banking system, winning multiple awards including the "Golden Financial" annual corporate social responsibility award[46]. Strategic Focus and Development - The bank's strategic focus remains on supporting agriculture and small enterprises, reinforcing its role as a financial steward for local economic development[11]. - The bank aims for steady growth in the banking sector by balancing financial service provision and risk prevention, with a focus on green finance and small micro enterprises[140]. - The bank's "Three One Five" development strategy emphasizes long-term growth and the establishment of a benchmark bank recognized for its value and employee satisfaction[141]. - The bank is implementing five major transformations to enhance operational efficiency and customer service through digital innovation and agile collaboration[142]. - The bank is focused on performance assessment and remuneration management for its directors and senior management[166]. Governance and Compliance - The bank held 2 shareholder meetings during the reporting period, approving 17 resolutions, ensuring compliance with legal and regulatory requirements[147]. - The board of directors consists of 14 members, including 5 executive directors and 5 independent directors, and conducted 4 meetings, approving 45 resolutions during the reporting period[148]. - The supervisory board, comprising 9 members, held 4 meetings and approved 39 resolutions, ensuring effective oversight of the bank's strategic decisions and financial activities[149]. - The bank's compliance risk situation report for village and town banks was presented, highlighting the company's commitment to managing compliance risks effectively[174]. - The independent directors have provided objective opinions on the profit distribution, ensuring the protection of minority shareholders' rights[191]. Employee and Operational Management - The total number of employees in the parent company is 1,963, with a combined total of 1,975 employees including major subsidiaries[183]. - The company plans to conduct 73 themed training sessions in 2024, with a total of 180 sessions and an expected participation of 52,000 employees, accumulating over 108,000 hours of training[187]. - The company has implemented a salary policy that aligns with corporate governance, high-quality development goals, and risk management systems[185]. - The company has established a performance evaluation system based on value to strengthen its incentive mechanisms and promote sustainable development[186]. Shareholder Returns - The profit distribution plan for 2024 includes a cash dividend of RMB 1.8 per 10 shares and a capital reserve conversion of 1 share for every 10 shares held[5]. - The total cash dividend amount for the reporting period is 330,307,000 RMB, which accounts for 16.98% of the net profit attributable to ordinary shareholders[194]. - The company has established a shareholder return plan for 2023-2025, committing to distribute at least 10% of the annual distributable profit in cash dividends if no major investment plans arise[190].

Revenue and Profit - The company's revenue for Q1 2025 was ¥129,445,999.36, a decrease of 77.81% compared to ¥583,323,794.49 in the same period last year[5] - The net profit attributable to shareholders was -¥79,616,688.11, an improvement of 39.57% from -¥131,741,870.19 year-on-year[5] - Total operating revenue for the current period was ¥129,445,999.36, a decrease of 77.8% compared to ¥583,323,794.49 in the previous period[21] - Net profit for the current period was -¥79,616,284.63, an improvement from -¥131,733,956.27 in the previous period[22] - Basic and diluted earnings per share for the current period were -0.1809, compared to -0.2994 in the previous period[23] Cash Flow - The net cash flow from operating activities was -¥76,092,262.18, showing a 63.80% improvement compared to -¥210,193,915.56 in the previous year[5] - Cash inflow from operating activities totaled ¥167,093,020.97, a decrease of 76.9% from ¥724,076,693.36 in the previous period[25] - Total cash outflow from operating activities amounted to $243.19 million, while cash inflow from investment activities was $360.80 thousand[26] - The net cash flow from investment activities was -$4.97 million, a significant decrease from $225.24 million in the previous period[26] - Cash inflow from financing activities was $0, while cash outflow totaled $22.64 million, leading to a net cash flow from financing activities of -$22.64 million[26] - The net increase in cash and cash equivalents was -$103.70 million, compared to -$128.61 million in the previous period[26] - The ending balance of cash and cash equivalents was $6.46 million, down from $180.81 million in the previous period[26] Assets and Liabilities - Total assets decreased by 17.95% to ¥1,572,465,237.61 from ¥1,916,392,300.03 at the end of the previous year[5] - Total current assets decreased from CNY 589.99 million to CNY 441.08 million, representing a reduction of about 25.3%[18] - Non-current assets decreased from CNY 1.33 billion to CNY 1.13 billion, a decline of approximately 14.6%[19] - The total assets of the company decreased from CNY 1.92 billion to CNY 1.57 billion, a reduction of about 18.9%[19] - Total liabilities decreased to ¥2,056,008,260.49 from ¥2,320,319,038.28, reflecting a reduction of 11.4%[20] - The company’s total liabilities include a significant portion of current liabilities, indicating a focus on short-term financial obligations[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,748[11] - The largest shareholder, Xi'an Tongji Yongle Commercial Operation Management Co., Ltd., holds 39.30% of the shares, totaling 172,904,100 shares[11] - The company’s major shareholders have a total of 265,942,966 shares frozen, representing 100% of their holdings[15] Operating Costs and Income - The company reported a significant decrease in operating costs, which fell by 79.32% to ¥86,618,351.61 from ¥418,940,574.30 year-on-year[9] - Total operating costs for the current period were ¥203,075,726.25, down 71.6% from ¥714,744,429.19 in the previous period[22] - The company experienced a 100% drop in investment income, reporting no investment income compared to ¥1,667,739.74 in the previous year[9] - The company recorded a 601.10% increase in asset disposal income, amounting to ¥22,197,746.18 compared to ¥3,166,109.96 in the previous year[9] Accounting and Audit - The company has not yet adopted the new accounting standards effective from 2025[27] - The first quarter report was not audited, indicating a preliminary financial position[27]