Financial Position - As of June 30, 2022, total assets amounted to RMB 2,545,930,772.28, an increase of 3.3% from RMB 2,464,111,598.87 as of December 31, 2021[7][8] - Total liabilities as of June 30, 2022, were RMB 239,944,944.07, a slight increase from RMB 238,542,901.32 at the end of 2021[8] - Shareholders' equity increased to RMB 2,305,985,828.21, up 3.6% from RMB 2,225,568,697.55 as of December 31, 2021[8] - The total equity of the parent company as of June 30, 2022, is RMB 1,083,223,832.73, a decrease of RMB 38,592,561.43 compared to the previous year[22] Cash Flow and Liquidity - Cash and cash equivalents increased to RMB 518,987,708.58, up 36.5% from RMB 380,359,588.27 in the previous year[7] - Cash flow from operating activities for the first half of 2022 was RMB 432.60 million, an increase from RMB 370.47 million in the first half of 2021[14] - The company experienced a significant increase in cash inflow from investment activities, totaling RMB 1.64 billion in the first half of 2022, compared to RMB 226.73 million in the same period of 2021[14] - Cash and cash equivalents at the end of the first half of 2022 totaled RMB 508,987,708.58, compared to RMB 350,250,578.98 at the end of the first half of 2021, reflecting a 45.3% increase[15] - The company reported a net cash outflow from financing activities of RMB (44,888,070.63) in the first half of 2022, compared to RMB (26,224,611.38) in the same period of 2021[15] Revenue and Profitability - The company's operating revenue for the first half of 2022 reached RMB 568.62 million, a 36% increase compared to RMB 418.37 million in the same period of 2021[12] - Net profit for the first half of 2022 was RMB 130.92 million, significantly up from RMB 51.84 million in the first half of 2021, representing a growth of 152%[12] - The company reported a basic earnings per share of RMB 0.36 for the first half of 2022, compared to RMB 0.14 in the same period of 2021, indicating a 157% increase[12] - The total profit for the first half of 2022 was RMB 130.95 million, up from RMB 51.71 million in the first half of 2021, marking a growth of 153%[12] Inventory Management - Inventory decreased significantly to RMB 310,837,303.95, down 51.1% from RMB 635,542,840.40 in the previous year[7] - The total inventory at the end of the period was 312,290,965.34, compared to 637,181,330.48 at the beginning, reflecting a significant decrease[191] - The inventory impairment provision at the end of the period was 1,453,661.39, down from 1,638,490.08, showing a reduction of approximately 11.3%[192] Investment Activities - The company’s investment activities resulted in a net cash outflow of RMB 268.43 million in the first half of 2022, compared to a net outflow of RMB 180.11 million in the same period of 2021[14] - Cash inflow from investment activities reached RMB 1,856,112,700.28, significantly up from RMB 230,515,472.24 in the first half of 2021[16] Accounting Policies and Practices - The financial statements comply with the requirements of the enterprise accounting standards, reflecting the company's financial position and operating results accurately[31] - The company uses RMB as its accounting currency for domestic subsidiaries, while foreign subsidiaries use the local currency of their operating environment[34] - The accounting basis used is the accrual basis, with historical cost as the measurement basis, except for certain financial instruments measured at fair value[30] Employee Compensation and Benefits - Employee compensation includes various forms of remuneration, such as short-term salaries and post-employment benefits[134] - Short-term compensation is recognized as a liability and expensed in the period the services are provided[135] - Post-employment benefits are classified as defined contribution plans, with liabilities recognized based on contributions to social insurance[136] Financial Instruments and Risk Management - Financial instruments are recognized when the company becomes a party to the financial instrument contract, with amortized cost calculated using the effective interest method[57] - The company assesses the extent of risks and rewards retained when transferring financial assets, determining whether to derecognize the asset based on the transfer conditions[71] - The company applies expected credit loss accounting for financial assets measured at amortized cost and those measured at fair value through other comprehensive income, recognizing loss provisions accordingly[75] Taxation - The corporate income tax rate applicable to the company is between 15% and 25%[167] - The company's income tax rate for domestic subsidiaries is 25%, while certain subsidiaries enjoy a reduced rate of 15% from 2021 to 2030[169] Fixed Assets and Depreciation - Fixed assets are recognized when it is probable that economic benefits will flow to the company and the cost can be reliably measured[111] - The company utilizes the straight-line method for depreciation of fixed assets, with a depreciation rate of 10% for buildings and structures, and 4.5% to 3% for machinery and equipment[117] - The total fixed assets at the end of the period amounted to 1,498,893,777.95, with an increase of 17,859,211.80 during the current period[195] Subsidiaries and Consolidation - The company has 11 subsidiaries included in the consolidated financial statements, all of which are wholly owned except for one holding subsidiary with an 85% voting rights[27] - The consolidated financial statements include all subsidiaries controlled by the company, reflecting the entire group as a single accounting entity[41]

Financial Performance - For Q1 2022, the company reported a revenue of RMB 266,311,012.18, representing a year-on-year increase of 76.39%[5] - The net profit attributable to shareholders reached RMB 32,359,570.18, marking a significant increase of 163.99% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 47,389,755.77, up by 85.23% year-on-year[5] - Basic and diluted earnings per share were both RMB 0.09, reflecting a 200.00% increase from the previous year[5] - Gross profit for Q1 2022 was RMB 47,389,755.78, representing a gross margin of approximately 17.8%[13] - Net profit for Q1 2022 was RMB 32,359,570.18, compared to RMB 12,257,777.51 in Q1 2021, marking a year-over-year increase of 163.5%[14] - Basic earnings per share for Q1 2022 were RMB 0.09, up from RMB 0.03 in Q1 2021, representing a 200% increase[14] Assets and Liabilities - The company's total assets as of December 31, 2021, were RMB 2,464,111,598.87, showing a decrease of 2.13% from the end of the previous year[5] - Total assets as of March 31, 2022, amounted to RMB 2,411,546,864.63, down from RMB 2,464,111,598.87 as of December 31, 2021[12] - Current assets decreased to RMB 1,633,616,254.99 from RMB 1,678,509,444.42, reflecting a decline of 2.7%[11] - Inventory levels decreased to RMB 478,042,496.38 from RMB 635,542,840.40, a reduction of 24.8%[11] - Total liabilities decreased to RMB 186,241,306.42 from RMB 238,542,901.32, indicating a decline of 21.9%[12] Cash Flow - The net cash flow from operating activities was RMB 125,773,310.04, which decreased by 21.12% year-on-year[5] - In Q1 2022, the company's operating cash inflow was CNY 248,732,258.08, an increase of 14.5% compared to CNY 217,244,577.62 in Q1 2021[15] - The net cash flow from operating activities decreased to CNY 125,773,310.04 in Q1 2022, down 21.1% from CNY 159,453,569.52 in Q1 2021[15] - The company reported a cash and cash equivalents balance of RMB 171,953,914.93 at the end of Q1 2022, down from RMB 203,948,043.86 at the end of Q1 2021[23] - The total cash outflows for operating activities were RMB 87,724,052.42 in Q1 2022, slightly up from RMB 85,199,112.52 in Q1 2021[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,749, with the top ten shareholders holding significant stakes[8] - Major shareholders include Hong Kong Central Clearing Limited with a 24.51% stake and Donghua Fruit Industry Co., Ltd. with an 18.39% stake[8] Research and Development - Research and development expenses for Q1 2022 were RMB 880,644.68, compared to RMB 671,538.13 in Q1 2021, reflecting a year-over-year increase of 31.1%[13] Tax and Government Subsidies - The company received government subsidies amounting to RMB 742,612.02 during the reporting period[6] - The company received RMB 13,082,184.28 in tax refunds in Q1 2022, more than doubling from RMB 5,095,243.12 in Q1 2021[22] Investment Activities - The company reported an investment cash outflow of CNY 220,043,138.83 in Q1 2022, compared to CNY 215,176,791.55 in Q1 2021[16] - Cash inflows from investment activities totaled RMB 129,601,865.38 in Q1 2022, down 38.7% from RMB 211,380,153.55 in Q1 2021[23] - The net cash flow from investment activities in Q1 2022 was negative at RMB -143,978,877.45, contrasting with a positive RMB 21,225,477.45 in Q1 2021[23]

Financial Performance - The company's operating revenue for the year ended December 31, 2021, was RMB 871,587,000, an increase from RMB 842,020,000 in 2020, representing a growth of approximately 3.5%[5] - The net profit attributable to the company's owners for 2021 was RMB 160,015,000, compared to RMB 151,778,000 in 2020, reflecting an increase of about 5.5%[5] - The basic earnings per share for 2021 was RMB 0.43, up from RMB 0.41 in 2020, indicating a growth of approximately 4.9%[5] - The gross profit margin for the year was 20.61%, down from 23.87% in the previous year[10] - The net profit attributable to shareholders was approximately RMB 160,014,985, an increase of about RMB 8,236,713 or 5.43% compared to RMB 151,778,272 in the previous year[10] - The company's revenue for the year ended December 31, 2021, was approximately RMB 871,587,320, representing an increase of about 3.51% compared to RMB 842,019,695 in the previous year[18] - Gross profit for the same period was approximately RMB 179,672,752, with a gross margin of 20.61%, down from a gross profit of RMB 201,024,167 and a margin of 23.87% in the previous year[18] - Main business revenue was approximately RMB 861,917,168, with a year-on-year growth of about 3.15%, while main business costs were approximately RMB 687,127,067, reflecting a year-on-year increase of about 7.58%[23] Assets and Liabilities - Total assets as of December 31, 2021, amounted to RMB 2,464,112,000, an increase from RMB 2,224,360,000 in 2020, representing a growth of around 10.8%[7] - The total liabilities for the year 2021 were RMB 238,543,000, significantly higher than RMB 116,568,000 in 2020, indicating a substantial increase of approximately 104.5%[7] - The total equity attributable to the company's owners was RMB 2,225,569,000 as of December 31, 2021, up from RMB 2,107,792,000 in 2020, representing an increase of approximately 5.6%[7] - The company's cash and cash equivalents amounted to approximately RMB 380,359,588, with a debt-to-asset ratio of about 9.68%[57] - The total amount of bank loans outstanding as of December 31, 2021, was RMB 100,058,819, all of which were short-term loans with fixed annual interest rates ranging from 3.80% to 3.85%[56] Research and Development - The company increased its R&D expenses by 57.21% to RMB 12,430,586, indicating a commitment to innovation and product development[20] - The company employed 42 R&D personnel, representing 5.65% of the total workforce[30] - The company is undertaking key technology research for the efficient processing of concentrated strawberry juice and optimizing juice processing techniques in 2022[15] - The company is committed to research and development of new products and technologies to stay competitive in the market[60] Market Strategy and Expansion - The company plans to continue expanding its market presence and investing in new product development to drive future growth[9] - The company aims to increase its market share domestically while maintaining its leadership position in exports, leveraging its advantages in capital and management[13] - The company plans to continue expanding its market presence and enhance production capacity, focusing on the development and sales of apple fructose, pear fructose, and apple cloudy juice products[14] - The company aims to expand its market presence and product diversification, targeting emerging markets while maintaining existing customer relationships[39] Corporate Governance - The company has implemented high-level corporate governance practices in compliance with the Shanghai and Hong Kong listing rules[69] - The board of directors is responsible for developing and reviewing the company's corporate governance policies and practices[71] - The company has established four committees: Audit Committee, Nomination Committee, Remuneration and Assessment Committee, and Strategic Committee, each with defined responsibilities[79] - The company has adopted a board diversity policy to enhance performance through diverse skills and experiences[103] Risk Management - The company monitors foreign currency transactions to mitigate exchange rate risks, particularly as its export business is primarily settled in USD[50] - The internal control system is regularly reviewed by the board and the audit committee to ensure its effectiveness in managing risks and safeguarding assets[85] - The risk management strategy includes identifying, assessing, and managing significant risks across different business units, with the audit committee overseeing this process[94] Dividend and Shareholder Information - The board proposed a dividend of RMB 0.5 per ten shares for the year 2021[16] - The company is committed to distributing at least 10% of its distributable profits as cash dividends in profitable years[107] - The company has confirmed that the withholding tax rate for dividends paid to overseas shareholders is generally 10%[124] Employee Information - The average number of employees decreased to 913 in the fiscal year ending December 31, 2021, down from 992 in 2020, with employee costs amounting to approximately RMB 65,849,059[140] Related Party Transactions - The company has established a procurement framework agreement with Andeli Pectin to regulate product procurement from January 1, 2019, to December 31, 2022[168] - The company has implemented sufficient internal control procedures to ensure that related transactions are conducted fairly and in the best interest of the company and its shareholders[165] Financial Audit - The audit opinion states that the financial statements fairly reflect the financial position and operating results of the company for the year ended December 31, 2021[186] - Key audit matters identified include accounts receivable impairment, revenue recognition, and inventory confirmation[188] - The audit committee held five meetings during the reporting period, with all members present[181]

YANTAI NORTH ANDRE JUICE CO.,LTD. 烟台北方安德利果汁股份有限公司 (a joint stock limited company incorporated in the People's Republic of China) (Stock Code: 02218) Interim Report 2021 二零二一年中報 Interim Report 2021 YANTAI NORTH ANDRE JUICE CO.,LTD. 烟台北方安德利果汁股份有限公司 ( : 02218) （於中華人民共和國註冊成立之有限公司 ） 股份代號 二零二一年 中報 A Professional Concentrated Juice Manufacturer 專業的濃縮果汁生產商 ANDRE Yantai North Andre Juice Co., Ltd.* 02218 合併資產負債表－未經審核 30/06/2021 （除特別注明外，金額單位均為人民幣元） | --- | --- | --- | --- | |---------------------|---------------|---- ...

FR NDRE 烟台北方安德利果汁股份有限公司 （於中華人民共和國註冊成立之之有限公司） ( 股 份 代 號：02218) 專業的濃縮果汁生產商 二零年 年報 目錄 頁次 | --- | --- | |------------------------|-------| | | | | 公司資料 | 2 | | 財務摘要 | 3 | | 董事長報告書 | 5 | | 管理層討論及分析 | 9 | | 董事、監事及高級管理層 | 25 | | 企業管治報告 | 30 | | 董事會報告 | 47 | | 監事會報告 | 67 | | 審計報告 | 68 | | 合併資產負債表 | 75 | | 母公司資產負債表 | 77 | | 合併利潤表 | 79 | | 母公司利潤表 | 80 | | 合併現金流量表 | 81 | | 母公司現金流量表 | 83 | | 合併股東權益變動表 | 85 | | 母公司股東權益變動表 | 87 | | 財務報表附註 | 89 | 二零二零年年報1 公司資料 | --- | --- | |----------------------------------------------- ...

YANTAI NORTH ANDRE JUICE CO.,LTD. 烟台北方安德利果汁股份有限公司 (a joint stock limited company incorporated in the People's Republic of China) (Stock Code: 02218) Interim Report 2020 二零二零年中報 Interim Report 2020 YANTAI NORTH ANDRE JUICE CO.,LTD. 烟台北方安德利果汁股份有限公司 ( : 02218) （於中華人民共和國註冊成立之有限公司 ） 股份代號 二零二零年 中報 A Professional Concentrated Juice Manufacturer 專業的濃縮果汁生產商 ANDRE Yantai North Andre Juice Co., Ltd.* 02218 合併資產負債表－未經審核 2020年6月30日 （金額單位：人民幣元） | --- | --- | --- | --- | |---------------------|-----------------|---------- ...

烟台北方安德利果汁股份有限公司 YANTAI NORTH ANDRE JUICE CO.,LTD. （於中華人民共和國 註冊 成立之 有 限 公 司 ) (a joint stock limited company incorporated in the People's Republic of China) (股份代號Stock Code: 02218) 專業的濃縮果汁生產商 A Professional Concentrated Juice Manufacturer -九年 年報 nnual Report Contents 目錄 Contents 目錄 財務報表附註 二零一六年年報 Annual Report 2016 1 二零一九年年報 Annual Report 2019 | --- | --- | |-----------------------------------------------------------|-------| | | Pages | | | 頁次 | | | | | Corporate Information | 2 | | 公司資料 | | | Financial Hig ...

YANTAI NORTH ANDRE JUICE CO.,LTD. 烟台北方安德利果汁股份有限公司 (a joint stock limited company incorporated in the People's Republic of China) (Stock Code: 02218) Interim Report 2019 二零一九年中報 Interim Report 2019 YANTAI NORTH ANDRE JUICE CO.,LTD. 烟台北方安德利果汁股份有限公司 ( : 02218) （於中華人民共和國註冊成立之有限公司 ） 股份代號 二零一九年 中報 A Professional Concentrated Juice Manufacturer 專業的濃縮果汁生產商 烟台北方安德利果汁股份有限公 司 Yantai North Andre Juice Co., Ltd.* ANDRE （於中華人民共和國註冊成立之股份有限公司） （股份代號：02218） 合併資產負債表－未經審核 2019年6月30日 （金額單位：人民幣元） | --- | --- | --- | --- | --- | ...

烟台北方安德利果汁股份有限公司 YANTAI NORTH ANDRE JUICE CO.,LTD. （於中華人民共和國註冊成立之有限公司） (a joint stock limited company incorporated in the People's Republic of China) (股份代號Stock Code: 02218) 專業的濃縮果汁生產商 A Professional Concentrated Juice Manufacturer EX 一八年 年報 nnual Report Contents 目錄 Contents 目錄 二零一六年年報 Annual Report 2016 1 二零一八年年報 Annual Report 2018 | --- | --- | |-----------------------------------------------------------|-------| | | Pages | | | 頁次 | | | | | Corporate Information | 2 | | 公司資料 | | | Financial Highlights | 4 ...