Company Structure and Subsidiaries - The company was listed on the Beijing Stock Exchange on March 30, 2023, with stock code 839792[5] - A subsidiary, Liaoning Dongjian Kiln Technology Co., Ltd., was established in March 2023, with a 78% ownership, focusing on technology services and equipment manufacturing[6] - Another subsidiary, Donghe New Materials Technology Investment (Guangzhou) Co., Ltd., was founded in April 2023, fully owned by the company, aimed at emerging energy technology research and new materials technology promotion[6] - The company has established two new subsidiaries during the reporting period: Donghe New Materials Technology Investment (Guangzhou) Co., Ltd. and Liaoning Dongjian Kiln Technology Co., Ltd., both established in the first half of 2023[158] - The company has a total of six subsidiaries included in the consolidated financial statements, with ownership stakes ranging from 51% to 100%[157] Financial Performance - The company's revenue for the current period is $312.60 million, a decrease of 8.38% compared to the same period last year, which was $341.20 million[28] - The net profit attributable to shareholders for the current period is $37.10 million, down 45.06% from $67.54 million in the same period last year[28] - The total assets increased by 20.94% to $1.31 billion from $1.08 billion at the end of the previous year[29] - The total liabilities rose by 9.59% to $300.58 million from $274.26 million at the end of the previous year[29] - The gross profit margin decreased to 33.69% from 34.79% year-on-year[28] - The weighted average return on equity based on net profit attributable to shareholders is 4.44%, down from 9.78% in the previous year[28] - The company reported a net profit of -642,995.06 yuan for its subsidiary, Teddy Refractory Materials, indicating a loss during the reporting period[67] - The company reported a net profit of 23.82 million yuan for its subsidiary, Lihe Refractory Materials, during the reporting period[67] - The company’s total equity increased to CNY 1,008,020,634.30, up from CNY 807,757,542.37, indicating a growth of 24.8%[124] Cash Flow and Liquidity - The net cash flow from operating activities for the current period is -$22.06 million, a decline of 162.48% compared to $35.32 million in the same period last year[30] - The company's cash and cash equivalents increased by 179.51% to approximately 154.93 million yuan compared to the end of the previous year[47] - The company reported a significant increase in cash received from other operating activities, rising to 49,313,189.83 yuan in H1 2023 from 6,058,622.46 yuan in H1 2022[135] - The total cash and cash equivalents at the end of H1 2023 stood at 143,009,196.05 yuan, compared to 61,154,929.98 yuan at the end of H1 2022, indicating a substantial increase of approximately 134%[134] Research and Development - The company has developed 42 patents, including 6 invention patents, focusing on magnesium refractory materials and related technologies[35] - Research and development expenses increased by 41.90% to CNY 10,683,589.11, up from CNY 7,529,113.08 in the previous year, indicating a focus on innovation[51] - The company has not reported any significant research and development expenditures during the reporting period[152] Market and Sales Performance - The average price of electric fused magnesia in the first half of 2023 was 3,308 yuan/ton, down from 4,117 yuan/ton in the same period last year, indicating a significant price decline[42] - The company's sales volume of electric fused magnesia products decreased by approximately 0.36 thousand tons, while the average selling price dropped by about 450 yuan/ton, leading to a revenue and net profit impact of approximately 20 million yuan[43] - The company plans to stabilize existing customers and optimize costs to improve profit margins, while also focusing on developing new customers for existing products to increase revenue and profit[44] - The company is actively expanding its product lines and markets, including ongoing research and development in magnesium building materials and magnesium chemical products[35] Shareholder Information - The total number of shares held by the top ten shareholders increased by 78,603 shares during the reporting period[98] - Major shareholders include Bi Shengmin with 18.41% and Zhang Qingbin with 11.65%, with a total of 67.20% held by the top ten shareholders[98] - The company has a total of 12,834 shareholders as of the reporting period[93] Governance and Management - The company has maintained a stable board of directors and senior management, with no changes reported during the period[111] - The company has a total of 9 board members and 3 supervisors, ensuring a robust governance structure[110] - The company’s chairman and general manager, Bi Shengmin, holds 30,470,792 shares, representing 18.41% of total shares[110] Risks and Challenges - The company has not disclosed any major risks related to delisting[13] - The company has no significant litigation or arbitration matters reported during the period[79] - The company has provided guarantees for loans totaling 30 million RMB to Bank of China, with a year-end balance of 0 RMB, indicating a reduction in financial liabilities[81] Financial Reporting and Compliance - The financial report for the first half of 2023 has not been audited by an accounting firm[11] - The company confirmed that there were no changes in accounting policies or estimates compared to the previous year's financial statements[152] - The company’s financial statements are prepared in accordance with the Chinese accounting standards, reflecting its financial position and operating results accurately[162]

Financial Performance - Net profit attributable to shareholders decreased by 16.86% to CNY 17,621,815.69 from CNY 21,196,214.56 in the same period last year[9] - Operating revenue rose by 30.64% to CNY 162,204,208.91 compared to CNY 124,159,285.87 in the previous year[9] - Net profit for Q1 2023 was CNY 18,587,070.01, down from CNY 23,089,465.40 in Q1 2022, reflecting a decline of approximately 19.5%[42] - Operating revenue for Q1 2023 reached CNY 162,204,208.91, an increase of 30.7% compared to CNY 124,159,285.87 in Q1 2022[41] - Basic earnings per share decreased to CNY 0.12 in Q1 2023 from CNY 0.15 in Q1 2022, a decline of 20%[42] - The company reported a total profit of ¥16,128,364.13 for Q1 2023, down 55.0% from ¥35,913,681.14 in Q1 2022[44] Assets and Liabilities - Total assets increased by 15.02% to CNY 1,244,504,172.96 compared to the end of last year[9] - The company's total equity attributable to shareholders increased by 23.06% to CNY 911,895,589.15 compared to CNY 740,988,062.30 at the end of last year[9] - The debt-to-asset ratio decreased to 21.28% from 25.35% year-on-year, indicating improved financial stability[9] - The company's total liabilities decreased to CNY 264,875,609.85 from CNY 274,264,024.51, a reduction of approximately 3%[33] - The company's total equity rose to CNY 850,936,906.65 as of March 31, 2023, up from CNY 683,240,216.74 at the end of 2022, an increase of approximately 24.5%[38] Cash Flow - The net cash flow from operating activities increased by 302.85% to CNY 18,854,840.64, significantly improving from a negative cash flow of CNY -9,294,923.24 last year[9] - Cash and cash equivalents surged to CNY 193,207,035.46 as of March 31, 2023, from CNY 39,954,511.51 at the end of 2022, indicating a significant increase of approximately 384.5%[36] - Cash flow from operating activities generated a net amount of ¥18,854,840.64, a recovery from a negative cash flow of ¥-9,294,923.24 in Q1 2022[48] - The net cash flow from financing activities for Q1 2023 was ¥157,478,792.38, a recovery from a negative cash flow of ¥-11,412,074.87 in Q1 2022[49] Shareholder Information - The number of ordinary shareholders increased to 17,822, reflecting growing investor interest[17] - The company reported a total shareholding of 109,567,796 shares, representing 66.18% of the total shares, with significant shareholders including Bi Shengmin and Bi Yiming[19] Research and Development - Research and development expenses increased due to heightened investment in Eastern magnesium industry[11] - Research and development expenses increased to CNY 6,846,308.11 in Q1 2023, compared to CNY 3,232,273.89 in Q1 2022, representing a growth of about 111.5%[41] - Research and development expenses increased to ¥6,019,315.94, representing an 86.5% rise from ¥3,232,273.89 in the same period last year[44] Commitments and Compliance - The company has ongoing commitments to avoid competition and not occupy company funds, which are currently being fulfilled[25] - The company has disclosed commitments regarding dividend distribution and the accuracy of its reporting documents, which are also being fulfilled[25] - The company has a commitment to reduce and regulate related transactions, which is currently being fulfilled[25] - The company has a commitment to stabilize its stock price and ensure the accuracy and completeness of its financial disclosures, which is being adhered to[25] Government Support - The company received a government subsidy of CNY 100,000 related to green mining initiatives[11] Market Activities - The company expects to sell refractory materials to related party Nanfang Mining International Trade Co., Ltd. for an amount not exceeding 100 million yuan, with actual transactions amounting to 18,553,694.40 yuan in the current period[24] - The company is actively pursuing strategies for market expansion and new product development, although specific figures were not disclosed in the conference call[26]

证券代码：839792 证券简称：东和新材 公告编号：2023-045 辽宁东和新材料股份有限公司 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。 一、 说明会类型 辽宁东和新材料股份有限公司(以下简称"公司")于 2023 年 4 月 17 日在 北京证券交易所官方信息披露平台((http://www.bse.cn/)发布了《辽宁东和新 材料股份有限公司 2022 年年度报告》(公告编号:2023-036)，为方便广大投资者 更深入了解公司 2022 年年度经营业绩的具体情况，加强与投资者的互动交流， 公司拟召开 2022 年年度报告业绩说明会。 二、 说明会召开的时间、地点 (一)会议召开时间:2023 年 4 月 27 日(周四)15:00-17:00。 (二)会议召开地点 本次业绩说明会将采用网络远程的方式举行，投资者可登录全景网"投资 者关系互动平台"(https://ir.p5w.net)参与。 三、 参加人员 公司董事长:毕胜民先生 公司董事会秘书、 ...

Corporate Structure and Governance - The company has a total of one wholly-owned subsidiary, Teddy Refractory Materials, and three controlling subsidiaries: Rongfu Refractory (51% ownership), Donghe Europe (65% ownership), and Eastern Magnesium (75% ownership)[79]. - The company has established a comprehensive governance structure, ensuring the protection of shareholder rights and interests[174]. - Major decisions are made following the prescribed procedures, with no violations reported during the period[175]. - The company has modified its articles of association in May and June 2022, enhancing governance mechanisms[176]. - The independent directors attended all board meetings and shareholder meetings, ensuring compliance with governance standards[187]. - The audit committee operated effectively, adhering to relevant laws and regulations, contributing to improved corporate governance[186]. - The company’s governance structure has been evaluated positively, with no significant legal violations reported during the period[183]. - The company has established an independent financial accounting department and a financial management system, ensuring autonomous financial decision-making[193]. - The company has independent bank accounts and tax registrations, ensuring no shared accounts with controlling shareholders[192]. - The company has not experienced any significant accounting errors or omissions during the reporting period[194]. Financial Performance - The company reported a revenue of RMB 679,578,474.08 in 2022, representing an increase of 11.59% compared to RMB 609,007,440.33 in 2021[27]. - The net profit attributable to shareholders was RMB 111,707,835.67 in 2022, up 19.23% from RMB 93,688,144.17 in 2021[27]. - The gross profit margin improved to 32.58% in 2022, compared to 29.86% in 2021[27]. - Total assets increased by 4.90% to RMB 1,082,021,566.88 at the end of 2022, up from RMB 1,031,477,960.88 at the end of 2021[29]. - The company’s total liabilities decreased by 11.86% to RMB 274,264,024.51 in 2022, down from RMB 311,165,272.03 in 2021[29]. - The weighted average return on equity was 15.99% in 2022, compared to 15.42% in 2021[27]. - The company’s cash flow from operating activities was RMB 56,339,415.03 in 2022, a decrease of 35.19% from RMB 86,931,777.72 in 2021[31]. - The company’s cash and cash equivalents decreased by 50.31% to ¥55,430,326.68 at the end of 2022 from ¥111,546,895.61 at the end of 2021[54]. - The company reported a total of 110 million CNY in sales from products and services, with an actual amount of 103.1 million CNY realized[115]. Market Position and Strategy - The company plans to continue expanding its market presence and invest in new product development to drive future growth[20]. - The company has established long-term stable partnerships with well-known refractory material distributors, enhancing its market coverage in Europe, North America, and India[44]. - The company aims to consolidate its existing magnesium refractory materials business while actively expanding into magnesium chemical and building materials sectors, accelerating new capacity construction and product launches[101]. - The company is expanding its market presence in Asia, targeting a 10% market share by the end of 2024[177]. - The company has initiated a brand-building strategy to enhance its market presence and customer confidence[104]. - The company is exploring partnerships with key industry players to accelerate growth in emerging markets[177]. Research and Development - The company obtained nine utility model patents in 2022, bringing the total to 36 utility model patents and six invention patents by the end of the reporting period[5]. - Research and development expenses increased by 17.88% to 18,794,477.94, reflecting the company's commitment to innovation[57]. - The company has maintained a research and development (R&D) expenditure of ¥18,794,477.94, which represents 2.77% of its operating revenue, an increase from 2.62% in the previous period[86]. - The company is currently developing several projects, including a new magnesium hydroxide flame retardant, which is expected to open new market opportunities and revenue growth[90]. - The company continues to develop new materials and improve product performance to adapt to the evolving needs of the steel production industry[45]. Risks and Challenges - The company has faced risks related to raw material price fluctuations, particularly due to rising coal prices impacting product costs[12]. - As of the end of 2022, the company's accounts receivable amounted to 170.5 million RMB, accounting for 15.76% of total assets, indicating a potential risk in receivables management[12]. - The company's inventory value stood at 162.21 million RMB, representing 14.99% of total assets, highlighting a risk associated with inventory management[12]. - The company’s receivables increased significantly due to extended payment terms for clients, impacting cash flow negatively[72]. - The company will focus on technological innovation and new product development to mitigate risks associated with customer dependency[107]. Shareholder and Equity Information - The company has a total of 145,540,000 shares outstanding, with 24.94% being unrestricted shares held by major shareholders[136]. - Major shareholder Bi Shengmin holds 30,421,330 shares, representing 20.90% of the total shares[137]. - The total shareholding of the top ten shareholders amounts to 111,167,796 shares, representing 76.38% of the total shares[8]. - The company distributed a cash dividend of 2 yuan per 10 shares on June 14, 2022[149]. - The company has not proposed any cash dividend distribution plan for the reporting period despite having positive undistributed profits[152]. Social Responsibility and Environmental Impact - The company emphasizes the importance of environmental protection and has conducted training on environmental regulations for management personnel during the reporting period[98]. - The company has maintained a focus on social responsibility, ensuring the rights of stakeholders while pursuing profit and development[97]. - The company donated 614,007 yuan for pandemic prevention materials through the Red Cross and local social security centers during the reporting period[96]. Employee and Management Information - Total employees decreased from 832 to 663, a reduction of approximately 20.3%[161]. - The company implemented a salary policy that includes fixed wages or basic wages plus performance bonuses for different positions[162]. - Core employee turnover included the departure of four key personnel, with no significant adverse impact on daily operations[167]. - The company has a performance management system for senior management, with compensation based on position, responsibility, and annual performance evaluations[195]. Future Outlook - The company plans to stabilize existing customers and optimize costs in response to market price changes to ensure profit realization[50]. - Future industry trends will focus on enhancing resource utilization, developing a circular economy, and increasing the production of high-end products[52]. - The company plans to implement a new customer loyalty program, expected to increase customer retention by 20%[177].

证券简称：东和新材 证券代码：839792 辽宁省海城市牌楼镇南沟村 辽宁东和新材料股份有限公司 Liaoning Donghe New Materials CO.,LTD. 辽宁东和新材料股份有限公司招股说明书 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主 要服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面 临较大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 保荐机构（主承销商） （住所：东莞市莞城区可园南路一号） 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利 能力、投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属 虚假不实陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行 负责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发行后 因发行人经营与收益变化或者股票价格变动引致的投资风险。 1-1-1 ...

鞍山市佳运工程机械设备租赁有限公司证券简称：东和新材 证券 代码：839792 辽宁省海城市牌楼镇南沟村 辽宁东和新材料股份有限公司 Liaoning Donghe New Materials CO.,LTD. 效力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主 要服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面 临较大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 （住所：东莞市莞城区可园南路一号） 辽宁东和新材料股份有限公司招股说明书（申报稿） 保荐机构（主承销商） 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利 能力、投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属 虚假不实陈述。 根据《证券法》的规定，股票依法 ...

鞍山市佳运工程机械设备租赁有限公司证券简称：东和新材 证券 代码：839792 辽宁省海城市牌楼镇南沟村 辽宁东和新材料股份有限公司 Liaoning Donghe New Materials CO.,LTD. 效力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主 要服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面 临较大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因 素，审慎作出投资决定。 （住所：东莞市莞城区可园南路一号） 辽宁东和新材料股份有限公司招股说明书（申报稿） 保荐机构（主承销商） 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利 能力、投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属 虚假不实陈述。 根据《证券法》的规定，股票依法 ...