证券代码：832419 证券简称：路斯股份 公告编号：2023-084 山东路斯宠物食品股份有限公司 关于接待机构投资者调研情况的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 山东路斯宠物食品股份有限公司（以下简称"公司"）于 2023 年 7 月 7 日 接待了 26 家机构的调研，现将主要情况公告如下： 一、 调研情况 调研时间：2023 年 7 月 7 日 调研形式：网络调研 调研机构：嘉实基金、博时基金、富国基金、工银国际、高毅资产、红杉资 本、鲁信创投、建信信托、开源证券、安信证券、东方证券、万和证券、渤海证 券、华龙证券、碧云资本、敦敏投资、卓易嵘投资、国晖投资、临信资产、贝盈 基金、盈衫投资、匀升投资、汇升投资、尚诚资产、百川财富、信伟达资产 上市公司接待人员：董事、副总经理寇兴刚先生、董事会秘书李中文先生 二、 调研的主要问题及公司回复概要 1、公司宠物休闲零食目前在海内外销售品类的区别以及今年出口情况。 答：公司宠物零食在海内外的销售品类上是有差异的。去年国外销售仍然以 肉干产 ...

证券代码：832419 证券简称：路斯股份 公告编号：2023-045 山东路斯宠物食品股份有限公司 2022 年年度报告业绩说明会预告公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 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 带法律责任。 公司董事、总经理：孙洪学先生 公司董事会秘书、财务总监：寇兴刚先生 公司保荐代表人：翟平平先生、彭国峻先生 四、 投资者参加方式 本次说明会采用网络方式召开。 为充分尊重投资者，提升交流的针对性，现就公司 2022 年年度报告业绩说 明会提前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2023 年 5 月 3 日（周三）15:00 前访问（http://ir.p5w.net/zj/）或扫描下方 二维码进入问题征集专题页面进行提问。公司将在 2022 年年度报告业绩说明会 上，对投资者普遍关注的问题进行回答。 一、 说明会类型 山东路斯宠物食品股份有限公司（以下简称"公司"）于 2023 年 4 月 18 日 在北京证券交易所官网（www.bse.cn）披露了《2022 年年度报告》（公告编号： 20 ...

Financial Performance - Operating revenue for Q1 2023 reached CNY 145,961,354.62, representing a 23.75% increase from CNY 117,945,816.54 in Q1 2022[10] - Net profit attributable to shareholders surged by 165.10% to CNY 13,393,542.52, up from CNY 5,052,333.19 in the same period last year[10] - The basic earnings per share rose by 116.67% to CNY 0.13, compared to CNY 0.06 in the previous year[11] - Total revenue for Q1 2023 reached ¥145,961,354.62, a 23.7% increase from ¥117,945,816.54 in Q1 2022[46] - Net profit for Q1 2023 was ¥13,287,844.01, compared to ¥4,873,965.70 in Q1 2022, representing a 172.5% increase[48] - Operating profit for Q1 2023 was ¥14,425,277.73, a significant increase from ¥4,008,923.00 in Q1 2022, representing a growth of 260.5%[50] - The company’s total comprehensive income for Q1 2023 was ¥11,670,279.79, significantly higher than ¥3,416,459.81 in Q1 2022, marking an increase of 241.5%[51] Cash Flow - The net cash flow from operating activities increased by 76.68% to CNY 17,708,878.14, compared to CNY 10,023,304.40 in Q1 2022[15] - Cash flow from operating activities for Q1 2023 was ¥17,708,878.14, compared to ¥10,023,304.40 in Q1 2022, reflecting a growth of 76.9%[52] - Total cash inflow from operating activities was $118,287,975.26, while total cash outflow was $105,435,806.58, resulting in a positive cash flow from operations[55] - The net increase in cash and cash equivalents was -$24,929,730.79, contrasting with an increase of $76,280,163.69 in the prior period[55] Assets and Liabilities - Total assets increased by 3.37% to CNY 569,399,670.54 as of March 31, 2023, compared to CNY 550,837,270.68 at the end of 2022[10] - The company's asset-liability ratio (consolidated) improved to 23.69% from 21.16% year-on-year[10] - The company's total liabilities increased to CNY 134,877,031.00 from CNY 116,830,565.15[40] - The company's total equity attributable to shareholders rose to CNY 429,348,880.91 from CNY 420,044,029.83[40] - Current assets totaled ¥291,214,691.68 as of March 31, 2023, compared to ¥281,714,504.27 at the end of 2022, indicating a 3.5% growth[43] - The total liabilities as of March 31, 2023, were ¥140,477,962.30, up from ¥128,507,499.24 at the end of 2022, reflecting a 9.3% increase[44] Shareholder Information - The total number of unrestricted shares at the end of the period is 47,016,692, representing 45.45% of total shares[19] - The total number of restricted shares decreased by 230,000, resulting in 56,429,708 restricted shares, which is 54.55% of total shares[19] - The total share capital at the end of the period is 103,446,400 shares, down from 103,676,400 shares at the beginning of the period[19] - The largest shareholder, Shandong Shouguang Tiancai Food Group Co., Ltd., holds 39,087,160 shares, accounting for 37.78% of total shares[20] - The second-largest shareholder, Wefang Junyuan Investment, holds 5,800,000 shares, representing 5.61% of total shares[20] Investment Activities - Investment activities generated a net cash outflow of CNY 40,886,205.84, a 116.89% increase compared to CNY 18,851,127.75 in the previous year[15] - The company provided a loan of 30 million RMB to Shouguang Port Investment Holding Group Co., Ltd. at an interest rate of 7.00%[26] - The company approved a stock incentive plan and issued 4,833,000 new shares, raising funds of CNY 16,915,500, with 79 participants including 6 senior management and 73 core employees[31] Other Financial Metrics - Other income surged by 1,788.04% to CNY 1,482,310.43, mainly from government subsidies received during the period[13] - The company reported a decrease in accounts payable to CNY 37,021,936.88 from CNY 35,153,848.95[39] - The company’s other receivables increased to CNY 2,886,233.61 from CNY 2,440,984.82[38] - The company’s long-term assets totaled CNY 249,230,768.60, slightly up from CNY 248,277,357.73[39] - The company reported a significant increase in research and development expenses, which rose to ¥4,297,775.76 in Q1 2023 from ¥3,633,168.41 in Q1 2022, a growth of 18.3%[47]

Financial Performance - In 2022, the company achieved a total revenue of RMB 54,504.48 million, with overseas revenue accounting for RMB 36,231.49 million, representing 66.47% of total revenue[12]. - The company's operating revenue for 2022 was CNY 549,051,262.21, representing a year-over-year increase of 19.65% compared to CNY 458,883,392.31 in 2021[28]. - The net profit attributable to shareholders for 2022 was CNY 43,132,201.44, which is a 41.94% increase from CNY 30,387,839.76 in 2021[28]. - The company achieved a net profit growth rate of 43.00% in 2022 compared to a decline of 22.85% in 2021[32]. - The company's gross profit margin for 2022 was 15.16%, down from 16.52% in 2021[28]. - The basic earnings per share for 2022 was CNY 0.43, up 22.86% from CNY 0.35 in 2021[28]. - The total assets at the end of 2022 amounted to CNY 550,837,270.68, reflecting a growth of 34.70% from CNY 408,922,379.26 at the end of 2021[30]. - The company's total liabilities at the end of 2022 were CNY 116,830,565.15, which is a 21.26% increase from CNY 96,344,850.00 at the end of 2021[30]. - The net cash flow from operating activities for 2022 was CNY 48,140,252.26, an increase of 22.87% from CNY 39,179,220.49 in 2021[31]. Share Issuance and Capital Management - The company completed the public issuance of 13.0434 million shares, raising a net amount of RMB 81.2111 million after deducting issuance costs[4]. - The company plans to repurchase and cancel a total of 230,000 restricted shares due to the departure of certain incentive plan participants, reducing the total share capital from 10,367.64 million shares to 10,344.64 million shares[24]. - The company issued 13,043,400 new shares, increasing total shares to 103,676,400[146]. - The total share capital after the cancellation of repurchased shares is 103,446,400[130]. - The company has a total of 9,102,467 shares held by directors, supervisors, and senior management, representing 8.78% of total shares[175]. Research and Development - The company is focusing on R&D for new formulas, processes, and technologies in pet snacks and staple foods to meet diverse market demands[110]. - Research and development expenses grew by 19.75% to ¥18.19 million, maintaining a consistent percentage of 3.31% of total revenue[59]. - The company employs a total of 144 R&D personnel, accounting for 8.40% of the total workforce[89]. - The company holds 93 patents, an increase from 74 in the previous period[90]. Market and Product Development - The company launched a new production line for pet staple food with an annual capacity of 30,000 tons in June 2022, and completed the construction of a research and operation support center[47]. - The company is developing a series of pet food products utilizing freeze-drying technology to enhance the nutritional value and market competitiveness[91]. - A new product line for dog and cat food is in trial production, focusing on improving intestinal absorption capabilities[91]. - The company aims to increase the variety of its products by developing high-protein snacks that resemble human food, optimizing production processes to reduce energy consumption[91]. Customer Dependency and Risks - The company relies heavily on its top five customers, which accounted for 38.38% of its main business revenue during the reporting period[12]. - The company faces risks related to the OEM business model, with potential impacts on sales if foreign clients do not recognize its products[12]. - The company reported a significant risk from raw material price fluctuations, particularly for meat products, which could adversely affect performance[114]. Corporate Governance and Compliance - The company's governance structure complies with relevant laws and regulations, ensuring proper decision-making processes for major operational and financial decisions[194]. - The company has established a robust investor relations management system, allowing shareholders to exercise their rights effectively, including voting and inquiry rights[195]. - The company has made commitments to reduce related party transactions and avoid asset occupation to protect minority shareholders[140]. Environmental and Social Responsibility - The company emphasizes the importance of environmental protection, ensuring compliance with environmental regulations and maintaining pollution control measures[102]. - The company has established a comprehensive environmental protection system, with a wastewater treatment capacity of 700m3 per day[104]. - The company actively fulfills its social responsibilities, contributing to local economic development through tax payments[101]. Future Outlook and Strategic Plans - The company plans to invest CNY 50 million in the construction of an electronic accelerator irradiation processing center to achieve autonomous control over the production process[111]. - The second phase of the pet staple food project is expected to be operational by December 2023, enhancing production capacity[110]. - The company is focusing on expanding its market presence through the development of innovative packaging solutions for its products[91].

Financial Performance - The company achieved operating revenue of CNY 549,051,262.21, representing a year-on-year increase of 19.65%[4] - Net profit attributable to shareholders reached CNY 43,117,013.17, up 41.89% compared to the previous year[4] - Basic earnings per share increased to CNY 0.43, reflecting a growth of 22.86% year-on-year[4] - The company’s net profit excluding non-recurring gains increased by 32.69%, with non-recurring gains impacting net profit by CNY 893,520[6] Assets and Equity - Total assets at the end of the reporting period amounted to CNY 551,550,554.41, a growth of 34.88% from the beginning of the period[4] - Shareholders' equity attributable to the company increased to CNY 419,649,696.82, up 39.86% from the start of the period[4] - The company completed a public offering of shares, which contributed to the increase in total assets and equity[6] Market and Product Development - The company reported a significant increase in domestic orders, contributing to the growth of its self-owned brand products[5] - The company has commenced production on its 30,000-ton pet staple food project, which is expected to become a new revenue and profit growth point[5] - The company actively expanded its domestic market while maintaining its international market presence, leading to a robust growth in sales[6]

2022 年第三季度报告 路斯股份 证券代码 : 832419 山东路斯宠物食品股份有限公司 1 | 第一节 | 重要提示 4 | | --- | --- | | 第二节 | 公司基本情况 5 | | 第三节 | 重大事件 11 | | 第四节 | 财务会计报告 13 | 释义 | 释义项目 | | 释义 | | --- | --- | --- | | 路斯股份、公司 | 指 | 山东路斯宠物食品股份有限公司 | | 新城食品 | 指 | 寿光市新城食品有限公司,系公司全资子公司 | | 旭晨贸易 | 指 | 寿光市旭晨贸易有限公司，系公司全资子公司 | | 甘肃路斯 | 指 | 甘肃路斯宠物食品科技有限公司，系公司控股子公司 | | 路阳食品 | 指 | 烟台路阳宠物食品有限公司，系公司全资子公司 | | 路海生物 | 指 | 山东路海生物科技有限公司，系公司控股子公司 | | 天成集团 | 指 | 山东寿光天成食品集团有限公司，系公司控股股东 | | 天成鑫利 | 指 | 山东天成鑫利农业发展有限公司 | | 天成宏利 | 指 | 寿光市天成宏利食品有限公司 | | 浚源投资 | 指 | 潍坊浚源股权投资 ...

Financial Performance - For the reporting period, the company achieved a main business revenue of RMB 246.1358 million, with overseas revenue accounting for 73.33% at RMB 180.5025 million[12]. - The company's operating revenue for the current period is ¥247,285,485.35, representing a 16.74% increase compared to ¥211,830,100.79 in the same period last year[26]. - The net profit attributable to shareholders of the listed company is ¥18,469,732.71, which is a 23.22% increase from ¥14,989,341.85 in the previous year[26]. - The company's main business revenue reached 246.14 million yuan, an increase of 16.36% year-on-year, with a net profit attributable to shareholders of 18.47 million yuan, up 23.22% year-on-year[37]. - The company's gross profit margin has decreased to 14.63% from 17.32% in the previous year[26]. - The company has achieved a net profit growth rate of 21.92%, compared to a decline of 21.06% in the previous year[29]. - The company's total assets at the end of the current period amount to ¥511,813,822.58, reflecting a 25.16% growth from ¥408,922,379.26 at the end of the previous year[27]. - The company's cash flow from operating activities has increased by 74.07%, reaching ¥32,102,671.20 compared to ¥18,442,430.19 in the same period last year[28]. - The company's total liabilities increased to ¥130,395,364.17 in the first half of 2022, up from ¥109,852,975.96 in the first half of 2021[141]. - The total equity attributable to shareholders rose to ¥395,085,781.50, up from ¥300,051,378.36, which is an increase of around 31.7%[137]. Share Issuance and Capital Structure - The company completed a public offering of 13.0434 million shares, raising a net amount of RMB 81.2111 million after deducting issuance costs[5]. - The total number of ordinary shares increased from 90,633,000 to 103,676,400, representing a change of 13,043,400 shares during the reporting period[99]. - The company raised a total of 93,912,480.00 yuan by issuing 13,043,400 shares at a price of 7.20 yuan per share[113]. - The net amount of raised funds after deducting issuance costs was 81,211,060.83 yuan[113]. - The company plans to use the raised funds for a 30,000-ton pet food project and operational support center[111]. - The shareholding of the top ten shareholders collectively accounts for 52.70% of the total shares[103]. - The controlling shareholder, Shandong Shouguang Tiancheng Food Group Co., Ltd., holds 36.56% of the shares after a decrease from 41.62%[100]. Dividend Distribution - The company distributed a cash dividend of RMB 0.5 per 10 shares to shareholders, with the record date set for June 8, 2022[5]. - The total amount of cash dividends distributed was 0.50 yuan per 10 shares[118]. - The company distributed dividends and interest payments totaling 5,197,570.00 during the period[153]. Research and Development - The company obtained multiple patents during the reporting period, including 1 design patent and 6 utility model patents for the parent company, and 8 utility model patents for its subsidiary[6]. - The company emphasizes continuous technology research and development, focusing on product quality improvement and cost reduction[35]. - Research and development expenses increased to CNY 8,471,241.98, up 23.63% from CNY 6,851,887.51[50]. Market and Customer Dependency - The company relies heavily on its top five customers, which accounted for 41.55% of its main business revenue, indicating a significant dependency risk[12]. - The company faces risks related to the OEM business model, as a decline in demand from foreign clients could adversely affect sales revenue[12]. - The company is actively expanding into emerging markets such as Southeast Asia and Latin America to reduce customer dependency risks[70]. - The company primarily exports its products, with key markets including Germany, the United States, and Japan, while also expanding its domestic sales through online and offline channels[35]. Risk Management - The company faces risks from raw material price fluctuations, particularly for meat products, and is implementing cost control measures to mitigate these risks[71]. - The company is exposed to exchange rate fluctuations as its main business revenue is primarily from foreign customers, and it is adopting multiple currencies for settlements to manage this risk[71]. - The company has established a comprehensive environmental protection strategy, ensuring compliance with relevant laws and regulations while managing waste and emissions effectively[68]. Governance and Compliance - The actual controller, Tiancheng Group, holds 36.56% of the company's shares, which poses a risk of influencing major decisions such as development strategy and profit distribution[72]. - The company has established a governance structure to mitigate risks associated with the actual controller's influence, including adherence to various internal regulations[72]. - There were no significant litigation or arbitration matters during the reporting period[75]. - The company has made commitments to avoid related party transactions and ensure fair pricing in any necessary transactions[93]. Employee and Management Structure - The company has a total of 1,860 employees at the end of the reporting period, an increase of 146 employees from the beginning of the period[129]. - The board of directors consists of 7 members, while the supervisory board has 3 members, and there are 6 senior management personnel[120]. - The total shareholding of directors, supervisors, and senior management is 9,543,775 shares, representing 9.20% of the total shares[123]. - The company appointed Zhao Fei as an independent director during the reporting period, replacing Chen Jie who resigned for personal reasons[125]. Financial Position and Assets - The company's total assets grew to ¥511,813,822.58 from ¥408,922,379.26, marking an increase of approximately 25.1%[137]. - Cash and cash equivalents increased by 56.00 million yuan, a rise of 118.86% year-on-year, mainly due to the public issuance of shares raising 83.96 million yuan[45]. - The company's inventory decreased by 2.51% year-on-year, amounting to 935.51 million yuan[43]. - The total equity attributable to shareholders increased by 95,605,588.20 during the period, with a total equity of 408,183,117.46 at the end of the period[155]. Future Outlook - The global pet food market is expected to reach 115 billion USD by 2024, with an average annual growth rate of 5.5% over the past decade[40]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[162].

Financial Performance - Revenue for the first quarter of 2022 reached CNY 117,945,816.54, a growth of 33.64% from CNY 88,258,948.09 in the same period last year[18] - Net profit attributable to shareholders decreased by 25.67% to CNY 5,052,333.19 from CNY 6,797,616.51 year-on-year[15] - The gross profit margin slightly declined, leading to a 35.07% decrease in operating profit to CNY 5,600,571.32 from CNY 8,625,369.85[18] - Total operating revenue for Q1 2022 reached ¥108,311,880.89, an increase from ¥87,878,836.84 in Q1 2021, representing a growth of approximately 23.5%[54] - Net profit for Q1 2022 was ¥4,873,965.70, down from ¥6,533,673.80 in Q1 2021, indicating a decline of about 25.4%[52] - The company reported a total profit of ¥5,611,048.62 in Q1 2022, down from ¥8,668,600.76 in Q1 2021, a decrease of approximately 35.5%[51] Cash Flow - The company's cash flow from operating activities fell by 51.80% to CNY 10,023,304.40 compared to CNY 20,797,068.07 in the previous year[15] - Operating cash flow decreased by 51.80% to ¥10,023,304.40 due to increased cash payments for material purchases[20] - Cash inflow from operating activities in Q1 2022 was ¥134,462,493.08, compared to ¥121,196,252.93 in Q1 2021, an increase of approximately 10.9%[57] - Net cash flow from operating activities for Q1 2022 was ¥11,362,385.79, an increase of 68.9% compared to ¥6,725,844.37 in Q1 2021[62] - Total cash inflow from financing activities reached ¥84,939,080.00, with cash received from investment absorption amounting to ¥82,191,060.83[59] - The net increase in cash and cash equivalents for the period was ¥75,756,697.64, compared to a smaller increase of ¥9,535,134.80 in the previous year[59] Assets and Liabilities - Total assets increased by 21.76% to CNY 497,901,534.01 compared to CNY 408,922,379.26 at the end of the previous year[15] - Total liabilities rose to CNY 98,094,656.22, compared to CNY 96,344,850.00, indicating a slight increase of 1.8%[44] - Shareholders' equity increased to CNY 399,806,877.79, up from CNY 312,577,529.26, representing a growth of 27.9%[44] - The company's accounts receivable decreased slightly from 39.03 million yuan at the end of 2021 to 38.09 million yuan by March 31, 2022[42] - The company's inventory decreased from 95.96 million yuan at the end of 2021 to 92.65 million yuan by March 31, 2022, indicating a reduction of 3.43%[42] Expenses - Sales expenses surged by 91.29% to CNY 3,252,643.61, driven by increased sales personnel compensation and marketing costs[18] - The company reported a 39.39% increase in operating costs, totaling CNY 99,711,265.28, primarily due to rising labor costs and increased sales volume[18] - Operating costs for Q1 2022 totaled ¥112,869,228.50, compared to ¥80,038,964.14 in Q1 2021, reflecting an increase of approximately 41.1%[51] - Research and development expenses in Q1 2022 were ¥3,633,168.41, up from ¥3,084,071.89 in Q1 2021, marking an increase of about 17.8%[51] Shareholder Information - The total number of ordinary shares increased from 90,633,000 to 103,676,400, with a significant increase in unrestricted shares from 35.89% to 41.44%[24] - The largest shareholder, Tiancheng Group, holds 36.39% of shares, while the second-largest, Junyuan Investment, holds 5.59%[25] - The number of shareholders holding more than 5% of shares includes Tiancheng Group and Guo Baili, with Guo holding 4.65%[26] - The company has a total of 24,426 ordinary shareholders at the end of the reporting period[24] Financial Stability - The company's debt-to-asset ratio decreased to 19.70% from 23.56% in the previous year, indicating improved financial stability[15] - The effective tax rate was reduced to 15% due to the company's qualification as a high-tech enterprise, resulting in a 65.48% decrease in income tax expenses[19] - The company has no significant external guarantees or loans during the reporting period, indicating a strong financial position[30] - The company has committed to reducing related party transactions to protect shareholder interests, as stated in its 2015 commitment[35] - The company has no ongoing litigation or arbitration matters during the reporting period, ensuring compliance and stability[30] Investment Activities - Investment cash flow increased by 58.28% to -¥18,851,127.75 primarily due to new project construction expenditures[20] - The company is actively pursuing new projects and investments, as indicated by the increase in investment cash flow[20] - The company successfully issued 4,833,000 shares, raising a total of 16.92 million yuan, with 79 participants in the stock incentive plan[34]

Financial Performance - The company reported a total revenue of RMB 457.91 million for the reporting period, with overseas revenue accounting for RMB 382.05 million, representing 83.43% of total revenue[13]. - The company's operating revenue for 2021 was CNY 458,883,392.31, representing an increase of 8.25% compared to CNY 423,913,923.54 in 2020[31]. - The company achieved a total revenue of 457.91 million yuan, an increase of 8.11% year-on-year, with overseas revenue at 382.05 million yuan, up 7.56%[49]. - The net profit attributable to shareholders for 2021 was CNY 30,387,839.76, a decrease of 21.61% from CNY 38,766,626.00 in 2020[31]. - The company's net profit attributable to shareholders was 30.39 million yuan, a decrease of 21.61% compared to the previous year, with basic earnings per share dropping from 0.45 yuan to 0.35 yuan[50]. - The gross margin for overseas sales decreased by 4.59 percentage points to 17.38% due to high shipping costs and economic impacts from the COVID-19 pandemic[49]. - The gross profit margin decreased to 16.52%, down from 21.49% in the previous year[60]. - The company experienced a net profit growth rate of -22.85% in 2021 compared to a growth rate of 31.35% in 2020[36]. - Operating profit decreased by CNY 14.11 million, a decline of 29.81% year-on-year, while net profit decreased by CNY 9.03 million, down 22.85% year-on-year, primarily due to a 4.97 percentage point drop in gross margin to 16.52%[62]. Shareholder Information - The company distributed a cash dividend of RMB 0.5 per 10 shares to shareholders, with the record date set for July 8, 2021[6]. - The company issued 13,043,400 shares, increasing the total share capital to 103,676,400 shares following the public offering approved on January 27, 2022[24]. - The total number of shares held by directors and senior management is 9,364,000, representing 10.33% of the total shares[174]. - The company has a total of 144 R&D personnel, accounting for 8.74% of the total workforce, an increase from 8.40% in the previous year[92]. - The company has a total of 1,450,000 unexercised stock options for senior management, with an exercise price of 9.33 yuan per share[178]. Market and Product Development - The company plans to expand its market presence and product offerings, focusing on the development of new pet food products[21]. - The company plans to expand its business scope to include feed production and pet food retail, pending approval from the shareholders' meeting[25]. - The company is actively exploring and gradually laying out the staple food market, expanding its product range beyond pet snacks[115]. - The company is focused on developing new pet food products, including shark bone series and egg yolk series snacks[94]. - The company actively developed new products to meet changing market demands, resulting in positive domestic sales performance despite increased competition[49]. Research and Development - The company has established a robust R&D system, emphasizing technological innovation to enhance product quality and reduce production costs[47]. - Research and development expenses amounted to 15,187,197.37 yuan, representing 3.31% of total revenue, an increase from 3.18% in the previous year[91]. - The company owns 74 patents, up from 48 in the previous year, indicating a focus on innovation[93]. Customer Dependency and Risks - The company relies heavily on its top five customers, which contributed 50.37% of its main business revenue, highlighting a significant dependency risk[13]. - Major customers accounted for 50.37% of total sales, with the largest customer, Germany's Furins Company, contributing CNY 90.82 million, or 19.83% of total sales[72]. - The company plans to diversify its customer base by exploring emerging markets in Southeast Asia and Latin America to mitigate dependency risks[119]. Corporate Governance and Compliance - The company has established effective internal controls related to revenue recognition and inventory write-down provisions, ensuring the accuracy and completeness of financial reporting[102]. - The company has implemented a system for accountability regarding significant errors in annual reports[190]. - The company has ensured that all shareholders enjoy equal rights and protections in accordance with relevant laws and regulations[192]. - The company has adhered to prescribed procedures for major decision-making processes throughout the reporting period[193]. - The company has established a comprehensive investor relations management system to facilitate shareholder engagement[192]. Environmental and Social Responsibility - The company actively fulfills its social responsibilities, including tax contributions to support national and local economic development[105]. - The company has implemented environmental protection measures, ensuring compliance with relevant laws and regulations, and has a wastewater treatment capacity of 700m3 per day[108]. Financial Position and Assets - The total assets at the end of 2021 amounted to CNY 408,922,379.26, reflecting a growth of 9.05% from CNY 374,995,749.90 at the end of 2020[33]. - The company's debt-to-asset ratio (consolidated) was 23.56% at the end of 2021, a slight decrease from 24.83% at the end of 2020[33]. - The company has total restricted assets valued at 74,520,911.59, accounting for 18.23% of total assets[147]. - The company’s fixed assets include buildings valued at 34,389,990.62, which is 8.41% of total assets, and land use rights valued at 38,630,920.97, accounting for 9.45% of total assets[147]. Stock Issuance and Public Offering - The company successfully listed on the Beijing Stock Exchange on March 11, 2022, following its application acceptance on June 30, 2021[5]. - The company plans to publicly issue stocks to unspecified qualified investors and list on the selected tier, with a focus on fundraising for investment projects[198]. - The company is in the process of hiring intermediaries for the public issuance of stocks and listing on the selected tier[197]. - The company will implement measures to stabilize stock prices for three years after the public issuance of stocks[198]. Employee Information - The total number of employees increased from 1,613 to 1,714, representing a growth of approximately 6.3% during the reporting period[179]. - The number of management personnel decreased from 60 to 55, a reduction of 8.3%[179]. - The total number of production personnel increased from 1,306 to 1,401, reflecting an increase of about 7.3%[179]. - The company has implemented a training program that includes both internal and external training resources to enhance employee skills[181].