Net profit after deduction of non-profits increased by 220.22%, net operating cash plunged by 3649.73%, and revenue of Baiao shares in 2022 was 82.941 million.

Digital building materials DataBM. Com April 12 news, Baiao shares released the 2022 annual report, 2022 Baiao shares to achieve revenue of 82.941 million yuan, an increase of 2.12% over the same period last year; Net profit amounted to RMB6.152 million, representing a year-on-year increase of 49.75%; net profit attributable to shareholders of the listed company after deduction of non-recurring profit and loss amounted to RMB4.633 million, representing a year-on-year increase of 220.22%; net cash flow generated from operating activities was -12.235 million, representing a year-on-year decrease of 3649.73%. From the perspective of

different industries, Baiao shares are mainly engaged in the deep processing of high-end architectural glass products and the research and development, design, production and sales of industrial glass. Its main products include Low-E insulating glass, ordinary insulating glass, laminated (laminated) glass, tempered glass, energy-saving ultra-thin safety glass and conductive film industrial glass. The revenue of various products of the Company

in 2022 has little change compared with that in 2021, and the details are as follows:

From the perspective of major customers, the largest customer of the Company is Shanxi Baiao Curtain Wall Decoration Co., Ltd., with annual sales accounting for 63.53% of Baiao shares. According to the data of Aiqi Investigation, the actual controllers of Shanxi Baiao Curtain Wall Decoration Co., Ltd. and Baiao Shares are Yan Ruigang, and the two companies are related.

In response to this situation, Baiao shares said, "The product sales cooperation between the company and Shanxi Baiao Curtain Wall Decoration Co., Ltd. is carried out under fair and reasonable competition in the market, because the company has strong product advantages and reasonable price advantages in the region, which makes Shanxi Baiao Curtain Wall Decoration Co., Ltd. As the company's current production capacity has maintained a constant level within a certain range, the company has abandoned orders from distant customers, making the annual sales of Shanxi Baiao Curtain Wall Decoration Co., Ltd. account for a larger proportion of the company's total sales. Main Customer Source

of Baiao Co., Ltd.: Financial Report

of the Company Shareholder Information Source of Shanxi Baiao Curtain Wall Decoration Co., Ltd.: Aiqicha