2023 年第一季度报告 证券代码：603098 证券简称：森特股份 森特士兴集团股份有限公司 2023 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 | 基本每股收益(元/股) | | 0. 04 | -50.00 | | --- | --- | --- | --- | | 稀释每股收益(元/股) | | 0. 04 | -50.00 | | 加权平均净资产收益率(%) | | 0. 85 | 减少 0.69 个百分点 本报告期末比 | | | 本报告期末 | 上年度末 | 上年度末增减 变动幅度(%) | | 总资产 | 7.020.001.465.01 | 7, 398, 967, 475. 25 | -5. 12 | | 归属于上市公司股东的 | 2.699.216.461.55 | 2,678,388,082.91 | 0.78 | | 所有者权益 | | | | (二)非经常性损益项目和金额 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 ...

Financial Performance - The company's operating revenue for Q3 2022 reached ¥1,099,383,780.18, representing a year-on-year increase of 52.48%[7] - The net profit attributable to shareholders for the same period was ¥29,009,271.23, with a slight increase of 1.39% compared to the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥29,267,132.22, reflecting a year-on-year growth of 2.64%[7] - Total operating revenue for the first three quarters of 2022 reached ¥2,736,041,129.79, a 30.9% increase from ¥2,089,504,196.51 in the same period of 2021[30] - Net profit for the third quarter of 2022 was ¥98,822,524.08, compared to ¥84,311,615.02 in the same quarter of 2021, reflecting a growth of 17.3%[33] - The net profit attributable to shareholders of the parent company for the third quarter of 2022 was ¥100,159,142.40, an increase of 17.6% from ¥85,167,760.42 in the previous year[37] - The company reported a comprehensive income total of ¥99,032,625.92 for the third quarter of 2022, compared to ¥84,311,392.69 in the same quarter of 2021[37] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥6,259,346,321.98, an increase of 19.85% from the end of the previous year[10] - The total liabilities as of the end of the reporting period were ¥3,513,002,725.63, an increase of 38.0% from ¥2,545,229,208.23 in the previous year[30] - The total equity attributable to shareholders at the end of the reporting period was ¥2,727,882,861.89, reflecting a year-on-year increase of 2.60%[10] - Current assets totaled CNY 5,436,611,903.52, up from CNY 4,428,791,240.77 in the previous year, indicating a year-over-year increase of about 22.73%[24] - Total current liabilities were CNY 3,064,705,098.24, compared to CNY 2,343,639,034.41 in the previous year, indicating a growth of about 30.77%[28] Cash Flow - The company reported a net cash flow from operating activities of -¥248,492,073.19 for the year-to-date period[10] - Cash inflow from operating activities totaled 2,682,169,888.54 CNY, an increase from 1,850,391,584.12 CNY in the same period last year, representing a growth of approximately 45%[39] - Cash outflow from operating activities was 2,930,661,961.73 CNY, up from 2,083,440,459.12 CNY, resulting in a net cash flow from operating activities of -248,492,073.19 CNY, compared to -233,048,875.00 CNY previously[39] - Cash inflow from investing activities was 62,092.31 CNY, down from 112,159.13 CNY year-over-year[42] - Cash outflow from investing activities increased to 76,218,294.98 CNY from 66,668,427.63 CNY, leading to a net cash flow from investing activities of -76,156,202.67 CNY, compared to -66,556,268.50 CNY last year[42] - Cash inflow from financing activities reached 887,430,638.88 CNY, significantly higher than 546,205,331.83 CNY in the previous year, marking an increase of approximately 62%[42] - Cash outflow from financing activities decreased to 502,107,374.80 CNY from 553,557,289.57 CNY, resulting in a net cash flow from financing activities of 385,323,264.08 CNY, compared to -7,351,957.74 CNY previously[42] - The ending cash and cash equivalents balance was 652,073,615.89 CNY, up from 400,746,322.10 CNY year-over-year, indicating a positive cash position[42] - The company reported a net increase in cash and cash equivalents of 61,701,133.88 CNY, contrasting with a decrease of 307,092,785.00 CNY in the previous year[42] Shareholder Information - The company has a total of 10 major shareholders, with the largest being Liu Aisen, holding 25.1% of shares[18] Research and Development - Research and development expenses for the third quarter of 2022 amounted to ¥95,096,375.35, up 41.6% from ¥67,199,729.88 in the same quarter of 2021[33] Earnings Per Share - Basic earnings per share for Q3 2022 were ¥0.06, unchanged from the previous year[10] - The basic earnings per share for the third quarter of 2022 were ¥0.19, compared to ¥0.17 in the previous year[37] - The diluted earnings per share for the current period is 0.19 CNY, compared to 0.17 CNY in the previous period[39] Non-Recurring Gains - The company reported non-recurring gains of ¥470,008.44 for the year-to-date period, primarily from government subsidies related to its normal business operations[10] Accounting Standards - The company has not applied the new accounting standards or interpretations for the first time in 2022[41]

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the first half of 2022, representing a year-on-year increase of 15%[18]. - The net profit attributable to shareholders reached 150 million RMB, up 20% compared to the same period last year[18]. - The company's operating revenue for the first half of the year reached ¥1,636,657,349.61, representing a 19.60% increase compared to ¥1,368,490,561.18 in the same period last year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥71,149,871.17, up 25.80% from ¥56,556,662.98 year-on-year[22]. - The basic earnings per share increased to ¥0.13, reflecting an 18.18% growth from ¥0.11 in the previous year[22]. - The company reported a weighted average return on equity of 2.64%, an increase of 0.29 percentage points from 2.35% year-on-year[22]. - In the first half of 2022, the company achieved revenue of approximately 1.637 billion yuan, a year-on-year increase of 19.60%[92]. - The net profit for the same period was 71 million yuan, with a year-on-year growth of 25.80%[92]. - The company secured 78 new contracts during the reporting period, with a total new contract value of 2.315 billion yuan, representing a year-on-year increase of 25.13%[92]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2023[18]. - The company is focused on high-end building metal enclosure systems, building-integrated photovoltaics (BIPV), and comprehensive environmental governance as its main business areas[29]. - The company aims to benefit from the growing demand for green buildings and low-carbon construction technologies, as emphasized in national policies[29]. - The company has plans to expand its market presence in the prefabricated building and steel structure sectors, which are key areas for green building development[29]. - The company is accelerating its transformation towards the BIPV sector, collaborating with Longi Green Energy to enhance product development and project execution capabilities[92]. - A significant strategic agreement was signed with Shandong Heavy Industry Group, resulting in a large-scale BIPV project worth 799 million yuan, marking the company's entry into the BIPV market[92]. Research and Development - The company has allocated 200 million RMB for research and development in the next fiscal year, focusing on sustainable technologies[18]. - The company emphasizes advanced construction techniques and integrated design-construction services, enhancing competitiveness in the industry[86]. - The company has established strategic partnerships with universities for R&D, including collaborations with Beijing University of Chemical Technology and Beijing University of Aeronautics and Astronautics[86]. - The company has launched the second and third generation of its Building Integrated Photovoltaic (BIPV) metal roofing systems, which feature A-class fire resistance, anti-typhoon capabilities up to level 18, and a lifespan of 25 years for both the roofing and photovoltaic systems[43]. - The BIPV technology allows for the installation of photovoltaic components without disrupting existing operations, thus maintaining normal production activities during installation[64]. Environmental and Regulatory Compliance - The company is committed to environmental protection and sustainable practices in its operations and product offerings[113]. - The company has no significant environmental issues or penalties reported during the period[130]. - The company has not reported any significant changes in its environmental protection measures or compliance[130]. - The new Noise Pollution Prevention Law, effective from June 5, 2022, aims to enhance noise pollution control, particularly in urban rail transit, which is expected to increase demand for sound barrier products[36]. Risks and Challenges - The management highlighted potential risks including market volatility and regulatory changes that could impact future performance[18]. - The company faces risks from macroeconomic fluctuations, including global supply chain bottlenecks and energy shortages, which may impact future growth[116]. - Labor cost increases due to demographic changes pose a risk to the company's profitability, necessitating careful management of labor procurement[116]. - The company has experienced operational disruptions due to COVID-19, but is adapting its strategies to maintain stability[116]. Corporate Governance and Shareholder Information - The company has undergone significant changes in its board of directors and management team, enhancing governance and oversight[123]. - The actual controller and shareholders have committed not to increase or decrease their shareholdings in the company within the next twelve months[133]. - The company reported a profit distribution plan for the first half of 2022, indicating no dividends or stock bonuses, with a distribution of 0 shares per 10 shares[129]. - The total number of ordinary shareholders as of the end of the reporting period was 20,204[173]. - The largest shareholder, Liu Aisen, held 135,226,381 shares, representing 25.10% of the total shares[172]. Legal Matters - The company reported a total litigation amount of 1,027.25 million RMB related to a construction contract dispute with China Aviation Construction Engineering Co., Ltd.[151]. - The company is pursuing a claim for overdue project payments totaling 613.49 million RMB from Beijing Urban Construction Precision Steel Structure Engineering Co., Ltd.[149]. - The company has ongoing arbitration proceedings against Future Automotive (Suzhou) Co., Ltd. for overdue payments amounting to 712.35 million RMB.[151]. - The company has committed to timely and fully disclose any failure to fulfill commitments to protect investors' interests.[142].

Financial Performance - The company reported a total distributable profit of RMB 989,898,784.60 as of December 31, 2021, with a proposed cash dividend of RMB 0.5 per 10 shares, totaling RMB 26,939,998.90[6]. - The company's operating revenue for 2021 was ¥3,139,580,066.74, a decrease of 0.41% compared to ¥3,152,519,439.70 in 2020[28]. - The net profit attributable to shareholders for 2021 was ¥32,814,119.91, representing an 82.02% decline from ¥182,467,452.15 in 2020[28]. - The net cash flow from operating activities for 2021 was ¥32,967,977.02, down 40.15% from ¥55,085,910.88 in 2020[28]. - The basic earnings per share for 2021 was ¥0.06, a decrease of 84.21% compared to ¥0.38 in 2020[28]. - The weighted average return on equity for 2021 was 1.28%, down 7.49 percentage points from 8.77% in 2020[28]. - The company's net assets attributable to shareholders increased by 24.44% to ¥2,658,675,087.72 at the end of 2021 from ¥2,136,476,531.22 at the end of 2020[28]. - The company achieved operating revenue of 3.14 billion yuan, a year-on-year decrease of 0.41%[38]. - The net profit attributable to shareholders was 33 million yuan, down 82.02% year-on-year, primarily due to increased impairment losses[38]. - The gross profit margin was 17.31%, a decrease of 0.93 percentage points year-on-year[38]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and potential uncertainties in future plans[7]. - The company has detailed potential risk factors in the management discussion and analysis section of the report[8]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[8]. - The company has not reported any violations in decision-making procedures for external guarantees[8]. - The company faces risks related to macroeconomic fluctuations and policy changes that could impact fixed asset investment and project timelines[197]. - The company faces risks from rising raw material prices, including steel and aluminum, which are influenced by economic conditions and market supply-demand dynamics[198]. - Labor cost increases pose a risk to the company's procurement costs, potentially impacting profitability due to an aging population and diminishing labor supply[200]. Market Position and Strategy - The company operates under the name Center International Group Co., Ltd. and is listed on the Shanghai Stock Exchange with the stock code 603098[23]. - The company aims to enhance its service capabilities in the green low-carbon circular development system, aligning with national policies on carbon neutrality[48]. - The company is positioned in the mid-to-high-end metal building enclosure sector, being the only publicly listed company in this field in China[48]. - The company aims to become a leading provider of high-end metal enclosure systems and environmental remediation services in China[63]. - The company aims to expand its market presence in industrial and public building metal enclosure sectors, targeting high-end market segments[114]. - The company aims to become the leading brand in the building metal enclosure industry, focusing on green and low-carbon construction, and integrating BIPV (Building Integrated Photovoltaics) into its main business[191]. Research and Development - The company holds 182 effective patents, including 47 invention patents and 126 utility model patents, reflecting its commitment to innovation[41]. - The company has established strategic partnerships with universities for R&D, including collaborations with Beijing University of Chemical Technology and Beijing University of Aeronautics and Astronautics, enhancing its technological capabilities[122]. - Research and development expenses rose by 10.08% to 110.15 million RMB, reflecting increased investment in new business initiatives[129]. - The company employed 188 R&D personnel, representing 16.35% of the total workforce[146]. - The company will continue to increase R&D investment, collaborating with top domestic research institutions to enhance design and development capabilities in traditional metal enclosure and BIPV fields[195]. Project and Contract Management - The company signed 137 contracts with a total contract value of 4.208 billion yuan, representing a year-on-year growth of 11.80%[38]. - The company has completed over 2,500 engineering projects, covering a total building area of 200 million square meters[48]. - The company has ongoing major projects with significant costs and revenues yet to be disclosed due to settlement processes with clients[166]. - The company has a total of 19 projects completed but not yet accepted, with a total value of RMB 46,370.52 million[170]. - The company has ongoing projects in both domestic and international markets, with a significant portion of the total investment being in domestic projects[163]. Environmental and Social Responsibility - The company has a strong focus on environmental remediation projects, including soil restoration initiatives, demonstrating its commitment to sustainability[118]. - The soil remediation industry in China currently accounts for only 1%-2% of the total environmental protection industry output value, significantly lower than the 30%-50% in developed countries[190]. - The company recognizes the potential for significant growth in the soil remediation market as government focus on soil governance increases[190]. - The company is committed to exploring new business models in the photovoltaic sector, including rooftop leasing and distributed generation market transactions[186]. Future Outlook - The company anticipates continued economic pressure due to demand contraction, supply shocks, and weakened expectations, but maintains a long-term positive outlook supported by strong economic resilience and proactive government policies[183]. - The BIPV (Building Integrated Photovoltaics) market is projected to play a crucial role in achieving energy savings and emissions reduction, with a target of 35 million square meters of energy-efficient retrofitting by 2025[186]. - By 2025, the national goal includes adding over 50 million kilowatts of new solar photovoltaic capacity in buildings, highlighting the significant growth potential in the BIPV sector[186]. - The company recognizes the importance of the construction sector in achieving carbon neutrality goals, with policies promoting solar energy integration in urban and rural buildings[186].

Financial Performance - The company's operating revenue for Q1 2022 was ¥612,073,583.47, representing a year-on-year increase of 0.75%[6] - The net profit attributable to shareholders was ¥41,220,466.30, showing a decline of 10.38% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥40,510,333.00, down by 10.86% year-on-year[6] - Basic earnings per share were ¥0.08, reflecting a decrease of 20.00% compared to the previous year[9] - Total operating revenue for Q1 2022 was approximately ¥612.07 million, a slight increase from ¥607.50 million in Q1 2021, representing a growth of about 0.09%[31] - Net profit for Q1 2022 was approximately ¥40.84 million, down from ¥45.87 million in Q1 2021, indicating a decrease of about 11%[35] - The total comprehensive income for Q1 2022 was approximately ¥40.82 million, compared to ¥45.87 million in Q1 2021, indicating a decrease of about 11%[37] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,910[16] - The largest shareholder, Liu Aisen, held 25.10% of the shares, totaling 135,226,381 shares[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,202,448,508.67, a decrease of 0.39% from the end of the previous year[9] - As of March 31, 2022, the total current assets amounted to CNY 4,410,377,151.44, a slight decrease from CNY 4,428,791,240.77 as of December 31, 2021[26] - The total liabilities as of March 31, 2022, were CNY 2,485,818,741.87, down from CNY 2,545,229,208.23 at the end of 2021[27] - The total equity attributable to shareholders was CNY 2,697,215,532.03, an increase from CNY 2,658,675,087.72 year-over-year[27] - The total assets as of March 31, 2022, were CNY 5,202,448,508.67, slightly down from CNY 5,222,651,648.73[27] Cash Flow - The company's cash flow from operating activities was ¥3,554,741.08, with no applicable year-on-year comparison[6] - The net cash flow from operating activities was $3,554,741.08, a significant improvement from a negative cash flow of $126,218,158.52 in the previous period, indicating a recovery in operational performance[39] - Cash inflow from operating activities in Q1 2022 was approximately ¥706.29 million, slightly up from ¥701.44 million in Q1 2021, an increase of about 0.11%[37] - The total cash and cash equivalents at the end of the period increased to $612,019,392.80, compared to $506,104,485.16 in the previous period, indicating a stronger liquidity position[42] Expenses - Total operating costs for Q1 2022 were approximately ¥561.69 million, compared to ¥555.67 million in Q1 2021, reflecting an increase of about 1.9%[31] - Research and development expenses for Q1 2022 were approximately ¥19.01 million, a decrease from ¥19.43 million in Q1 2021, reflecting a reduction of about 2.2%[31] - The company experienced a significant increase in sales expenses, which rose to approximately ¥17.00 million in Q1 2022 from ¥12.77 million in Q1 2021, an increase of about 33%[31] - Cash paid for employee benefits increased to $69,888,667.63 from $62,127,442.98, reflecting higher personnel costs[39] - Cash paid for taxes decreased to $14,584,039.04 from $17,759,191.15, indicating a potential reduction in tax liabilities[39] Investments - The company reported a net investment loss of approximately ¥4.85 million in Q1 2022, compared to a loss of ¥3.19 million in Q1 2021, indicating a worsening of about 52%[35] - The long-term equity investments were valued at CNY 49,673,919.08, down from CNY 54,502,600.20 year-over-year[26] - The net cash flow from investing activities was -$14,551,667.77, showing a decrease in investment returns compared to -$23,516,092.03 previously[39] Financing Activities - The net cash flow from financing activities was $32,810,618.12, a turnaround from a negative cash flow of $52,367,512.50, suggesting improved financing conditions[39] - The company reported a total cash outflow from financing activities of $50,929,193.15, significantly lower than $246,177,686.11 in the prior period, indicating a reduction in debt repayments[39] - The company received $1,050,000.00 from minority shareholders, a decrease from $20,000,000.00, highlighting a reduction in external investment inflows[39] Other Financial Metrics - The weighted average return on equity was 1.54%, a decrease of 0.59 percentage points from the previous year[9] - Accounts receivable financing increased by 57.93%, primarily due to an increase in retained settlement of payment notes[12] - The company's cash and cash equivalents were CNY 742,636,749.67, compared to CNY 735,115,467.80 in the previous year[23] - Accounts receivable decreased to CNY 1,088,644,949.34 from CNY 1,144,044,441.14 year-over-year[23] - The company reported a decrease in inventory to CNY 184,400,859.74 from CNY 151,942,652.63 in the previous year[23] - The impact of exchange rate changes on cash and cash equivalents was negative at -$166,780.64, contrasting with a positive impact of $367,141.11 in the previous period[42]

2021 年第三季度报告 单位：元 币种：人民币 证券代码：603098 证券简称：森特股份 森特士兴集团股份有限公司 2021 年第三季度报告 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个别及连带责任。 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 报表信息的真实、准确、完整。 第三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 本报告期 年初至报告期 | --- | --- | --- | --- | --- | |------------------------------------------------|----------------|------------------------------|------------------|------------------------- ...

公司代码：603098 公司简称：森特股份 2021 年半年度报告 森特士兴集团股份有限公司 2021 年半年度报告 1 / 178 2021 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、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。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人刘爱森、主管会计工作负责人王旭及会计机构负责人（会计主管人员）刘艳召声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告内容涉及未来计划等前瞻性陈述因存在不确定性，不构成公司对投资者的实质承诺， 投资者及相关人士均应当对此保持足够的风险认识，并且应当理解计划、预测与承诺之间的差异 ，请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确 ...

Financial Performance - The company reported a total profit available for distribution to shareholders of RMB 182,467,452.15 as of December 31, 2020[6]. - The proposed cash dividend is RMB 1.1 per 10 shares, totaling RMB 58,158,327.81 to be distributed to shareholders[6]. - The company's operating revenue for 2020 was CNY 3,152,519,439.70, a decrease of 6.08% compared to CNY 3,356,560,906.93 in 2019[25]. - The net profit attributable to shareholders for 2020 was CNY 182,467,452.15, down 14.15% from CNY 212,537,711.96 in 2019[25]. - The net cash flow from operating activities decreased significantly by 85.03% to CNY 55,085,910.88 in 2020 from CNY 368,020,654.92 in 2019[25]. - The basic earnings per share for 2020 was CNY 0.38, a decrease of 13.64% from CNY 0.44 in 2019[25]. - The weighted average return on equity for 2020 was 8.77%, down 2.29 percentage points from 11.06% in 2019[25]. - The company’s operating cash flow net amount was CNY 55 million, a decrease of 85.03% compared to the previous year[63]. - The company achieved operating revenue of CNY 3.15 billion, a year-on-year decrease of 6.08%[63]. - The net profit attributable to shareholders was CNY 182 million, down 14.15% year-on-year[63]. Shareholder Information - The total share capital of the company as of April 14, 2021, is 528,712,071 shares[6]. - The total number of ordinary shareholders as of the end of the reporting period is 13,565, a decrease from 24,922 at the end of the previous month[197]. - The total number of ordinary shares is 480,012,000, with 480,019,842 shares including other types[196]. - The largest shareholder, Liu Aisen, holds 170,027,820 shares, representing 35.42% of the total shares[197]. - The second largest shareholder, Huayong Investment Group, has 54,367,200 shares, accounting for 11.33%[197]. - The top ten shareholders hold a significant portion of the shares, with the top three alone accounting for over 60%[197]. - Liu Aisen's shares are pledged, with 15,000,000 shares under pledge[197]. Audit and Compliance - The company has received a standard unqualified audit report from Rongcheng Accounting Firm[5]. - The board of directors and supervisory board members have all attended the board meeting, ensuring the accuracy of the annual report[5]. - The company is committed to ensuring the authenticity, accuracy, and completeness of the financial report[4]. - The internal control audit was conducted by Rongcheng Accounting Firm, with a fee of 300,000.00[152]. - The company has appointed Rongcheng Accounting Firm for the 2020 audit, with a remuneration of 1,000,000.00[154]. - The company has not faced any risks of suspension or termination of listing during the reporting period[156]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[7]. - The report includes a detailed description of potential risks that the company may face in future development[10]. - The company faces risks related to macroeconomic fluctuations, which could impact fixed asset investment and project timelines[133]. - The company is exposed to raw material price volatility, particularly for steel and aluminum, which could adversely affect profitability if prices rise significantly[133]. - Labor cost increases due to demographic changes and economic conditions pose a risk to the company's procurement costs and profitability[133]. - The company is monitoring the ongoing pandemic situation, which could affect production and operations if conditions worsen[133]. - The company has implemented measures to mitigate raw material price risks, including long-term contracts with suppliers and refined management practices[133]. Business Operations and Strategy - The company focuses on the research, production, and sales of green, environmentally friendly, and energy-saving new building materials, primarily in the metal enclosure system engineering sector[35]. - The main products include metal composite curtain wall panels and sound barrier boards, with applications in various industries such as automotive, metallurgy, and public buildings[35]. - The company has established itself as a leading integrated service provider in the metal enclosure system industry, with a significant emphasis on technological research and development[35]. - The company has partnered with German companies to enhance its soil remediation business, introducing advanced technologies for soil restoration[35]. - The company has adopted a strategy of "investment introduction, domestic transformation, and innovation enhancement" to improve soil remediation effectiveness and reduce costs[35]. - The company’s business model includes both engineering and product sales, allowing for direct engagement with project owners and general contractors[35]. - The company is actively involved in the development of new composite materials that reduce costs while maintaining performance standards[44]. - The company is positioned to benefit from government policies promoting green building materials and sustainable construction practices[44]. - The company is committed to enhancing its production processes to meet the increasing demand for high-quality wall materials[44]. - The company is engaged in the production of energy-saving building materials and the development of energy-saving production technologies, contributing to the green building sector[50]. - The company aims to leverage favorable macro policies and opportunities in the green building sector to enhance its operational management and technology innovation[50]. Project Management and Achievements - The company has established itself as a leading enterprise in the metal enclosure industry for industrial and public buildings, with 25 branches domestically and internationally[53]. - Major projects completed include Beijing Daxing International Airport and Tianjin National Convention Center, with significant contributions to high-end markets such as automotive and electronics[53]. - In 2020, the company was awarded the highest honor in the Chinese construction industry, the Luban Award, for its projects at Beijing Daxing International Airport and Shenzhen International Convention Center[53]. - The company has successfully undertaken major projects such as Xiong'an High-speed Railway Station and Huachen BMW factories, showcasing its project execution capabilities[53]. - The company has a strong talent pool with 65 first-level registered constructors and 34 second-level registered constructors, enhancing its project management capabilities[53]. - The company has formed strategic partnerships with universities for research and development in soil pollution remediation and high-end metal materials, enhancing its technological capabilities[53]. Environmental and Social Responsibility - The company donated 2 million yuan to support frontline pandemic prevention efforts, including purchasing essential protective equipment[177]. - The company has maintained a strict adherence to labor laws and actively engaged in employee welfare and training programs[174]. - The company has established a union to enhance employee satisfaction and promote a family-like corporate culture[174]. - The company is involved in various environmental protection services, including soil pollution remediation and environmental monitoring, which are critical in the current regulatory landscape[120]. - The company aims to strengthen its environmental protection business, focusing on noise control and soil remediation, with continuous investment in talent, technology, and equipment[127]. Future Outlook and Market Trends - The construction industry in China saw a value increase of 3.5%, with the total value reaching 72,996 billion yuan[41]. - The market for logistics warehousing and transfer centers is expected to grow significantly, driven by stable investment in transportation and postal services[35]. - The company recognizes the significant potential in the soil remediation market, which currently accounts for only 1%-2% of the total environmental protection industry output value in China[126]. - The company plans to actively promote the development and application of Building-Integrated Photovoltaics (BIPV), targeting public and industrial building rooftops as key growth areas[130]. - The company is strategically positioned to capitalize on the "Belt and Road" initiative, expanding its presence in overseas markets for building metal enclosure systems[127].

Financial Performance - Operating revenue for the period was CNY 607,497,424.46, reflecting a year-on-year increase of 1.34%[12] - Net profit attributable to shareholders of the listed company was CNY 45,994,497.56, up 7.80% from the previous year[12] - Basic earnings per share increased by 11.11% to CNY 0.10[12] - The weighted average return on net assets rose by 0.08 percentage points to 2.13%[12] - Total operating revenue for Q1 2021 was CNY 607,497,424.46, an increase from CNY 599,481,186.27 in Q1 2020, representing a growth of approximately 1.69%[48] - Operating profit for Q1 2021 was CNY 54,046,232.95, up from CNY 51,836,708.37 in Q1 2020, indicating an increase of about 4.23%[48] - Net profit for Q1 2021 reached CNY 54,117,391.57, compared to CNY 49,860,362.65 in Q1 2020, reflecting a growth of approximately 4.52%[48] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,821,781,389.81, a decrease of 3.84% compared to the end of the previous year[12] - Total liabilities decreased from CNY 2,877,892,998.71 to CNY 2,233,639,329.73, a decline of approximately 22.39%[36] - Current assets decreased from CNY 4,285,064,389.64 to CNY 4,100,695,347.50, a decline of about 4.29%[32] - Accounts receivable decreased from CNY 1,270,623,546.12 to CNY 1,158,917,206.49, a decrease of approximately 8.77%[32] - Total assets decreased from CNY 5,014,554,912.99 to CNY 4,821,781,389.81, a decline of approximately 3.84%[32] - Total liabilities decreased to CNY 2,267,368,309.55 from CNY 2,892,958,454.67, a reduction of approximately 21.56%[43] - Non-current liabilities decreased significantly from CNY 632,330,740.41 to CNY 241,805,748.59, a decline of about 61.74%[36] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,922[20] - The largest shareholder, Liu Aisen, holds 32.62% of the shares, totaling 170,027,820 shares[20] - Net assets attributable to shareholders of the listed company increased by 20.20% to CNY 2,568,085,780.61[12] - Total equity increased from CNY 2,136,661,914.28 to CNY 2,588,142,060.08, an increase of approximately 21.09%[37] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 126,218,158.52, worsening by 5.41% compared to the previous year[12] - The net cash flow from operating activities was -123,074,793.54 RMB, compared to -117,966,799.48 RMB in the previous year, indicating a decline of approximately 4.5%[60] - Cash inflow from operating activities totaled 697,169,329.91 RMB, down from 743,309,612.22 RMB, reflecting a decrease of about 6.2%[60] - Cash outflow from operating activities was 820,244,123.45 RMB, compared to 861,276,411.70 RMB, showing a reduction of approximately 4.8%[60] - The cash and cash equivalents at the end of the period were 440,430,537.43 RMB, down from 681,750,842.31 RMB, a decrease of about 35.3%[62] - The total cash and cash equivalents decreased by 253,107,911.40 RMB, compared to a decrease of 221,430,771.20 RMB in the previous year, indicating a worsening cash position[62] Investment and Other Income - The company reported non-recurring gains and losses totaling CNY 549,606.35 for the period[19] - The company reported a significant increase in other income, rising to ¥576,212.90 from ¥754.83, a change of 76,236.78% due to higher government subsidies received[25] - Investment income showed a loss of ¥3,193,844.97, a 142.80% increase in losses compared to the previous year, mainly due to increased investment losses from associates[25] - The company reported an investment loss of ¥3.00 million in Q1 2021, compared to a loss of ¥1.32 million in Q1 2020[53] Employee Compensation - The company’s employee compensation payable decreased by 53.85% to ¥15,668,739.44 from ¥33,952,196.32 due to payments made during the reporting period[25] - The company reported a significant increase in cash paid to employees, totaling 57,311,563.00 RMB, compared to 49,002,072.35 RMB, reflecting an increase of approximately 16.5%[60] Research and Development - Research and development expenses for Q1 2021 were CNY 19,425,480.56, down from CNY 22,222,151.98 in Q1 2020, indicating a decrease of approximately 12.66%[48] - Research and development expenses decreased to ¥19.51 million in Q1 2021, down 28.14% from ¥27.16 million in Q1 2020[53]

Financial Performance - Net profit attributable to shareholders of the listed company was ¥139,696,281.60, a decrease of 27.81% year-on-year[18]. - Operating revenue for the first nine months was ¥2,199,010,755.61, down 10.10% from the same period last year[18]. - Basic earnings per share for the period was ¥0.29, a decrease of 27.50% year-on-year[20]. - The weighted average return on net assets was 6.61%, down 3.39 percentage points from the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥138,336,937.41, a decrease of 29.40% year-on-year[18]. - Total operating revenue for Q3 2020 was ¥890,511,827.77, an increase of 20.4% compared to ¥739,699,045.66 in Q3 2019[51]. - Net profit for Q3 2020 was ¥51,016,383.41, a decrease of 17.9% from ¥62,202,711.01 in Q3 2019[57]. - Total profit for Q3 2020 was ¥60,248,011.29, compared to ¥72,947,892.00 in Q3 2019, reflecting a decline of 17.4%[57]. - The total comprehensive income for Q3 2020 was approximately ¥51.41 million, down from ¥66.74 million in Q3 2019[68]. Cash Flow - The net cash flow from operating activities was -¥174,893,436.45, a decline of 215.69% compared to the previous year[18]. - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥1.74 billion, down from ¥2.11 billion in the same period of 2019[70]. - The net cash flow from operating activities was -$174.89 million, a significant decrease compared to $151.18 million in the previous period, indicating a decline in operational efficiency[72]. - The cash flow from operating activities showed a total outflow of $1.92 billion, compared to $1.96 billion in the previous period, indicating a slight improvement in operational cash management[72]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,889,842,540.45, an increase of 3.84% compared to the end of the previous year[18]. - The total liabilities increased to CNY 2,745,377,151.18 from CNY 2,630,657,628.24, reflecting a growth of approximately 4.35%[50]. - The total equity attributable to shareholders rose to CNY 2,136,470,416.58, up from CNY 2,076,902,296.40, indicating an increase of about 2.87%[50]. - The total current liabilities increased to CNY 2,113,086,886.17 from CNY 1,997,621,628.32, reflecting an increase of approximately 5.79%[48]. - Total liabilities amounted to approximately $2.63 billion, with current liabilities at about $1.99 billion and non-current liabilities at approximately $633 million[87]. Shareholder Information - The total number of shareholders at the end of the reporting period was 13,929[25]. - The largest shareholder, Liu Aisen, holds 35.42% of the shares, amounting to 170,027,820 shares[25]. Inventory and Receivables - Inventory decreased significantly by 84.24% to RMB 154,176,029.48 from RMB 978,107,073.07, attributed to the implementation of new revenue recognition standards[30]. - Other receivables surged by 138.05% to RMB 50,879,650.54 from RMB 21,373,510.09, mainly due to an increase in deposits and advances[29]. - Accounts receivable slightly decreased to CNY 1,672,488,204.95 from CNY 1,690,081,498.15, a reduction of about 1.05%[45]. Financial Management - The company reported a government subsidy of ¥2,897,553.98 for the period, slightly down from ¥3,003,367.47 in the previous year[22]. - The company experienced a loss in investment income of approximately ¥2.40 million in Q3 2020, compared to a loss of ¥0.18 million in Q3 2019[64]. - The company reported a significant increase in financial expenses, with interest expenses rising to ¥13.70 million in Q3 2020 from ¥5.92 million in Q3 2019[64]. Research and Development - Research and development expenses for Q3 2020 were ¥27,917,078.60, an increase of 40.5% compared to ¥19,845,695.81 in Q3 2019[55]. - Research and development expenses increased to ¥29.31 million in Q3 2020, up 45.4% from ¥20.16 million in Q3 2019[64].