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。 江苏澄星磷化工股份有限公司(以下简称"公司") 原计划于2023年8月29 日披露《2023年半年度报告》。为确保半年度报告披露的完整性和准确性，公司 慎重考虑决定将2023年半年度报告延期至2023年8月31日披露。 公司董事会对本次调整半年度报告披露时间给投资者带来的不便致以诚挚 的歉意，敬请广大投资者谅解。 证券代码：600078 证券简称：ST澄星 公告编号：临2023-038 江苏澄星磷化工股份有限公司 关于定期报告延期披露的公告 特此公告。 江苏澄星磷化工股份有限公司董事会 2023年8月29日 1 ...

Financial Performance - The company's operating revenue for 2022 was RMB 4,537,553,208.82, representing a 36.12% increase compared to RMB 3,333,405,365.12 in 2021[23]. - The net profit attributable to shareholders of the listed company was RMB 521,428,568.48, a decrease of 74.13% from RMB 2,015,196,508.25 in the previous year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 278,806,161.17, a significant improvement from a loss of RMB 124,752,486.94 in 2021, marking a 323.49% increase[23]. - The cash flow from operating activities was RMB 490,066,292.49, a slight decrease of 2.44% from RMB 502,313,051.66 in 2021[23]. - Basic earnings per share were CNY 0.79, marking a significant increase compared to previous years[29]. - The company's total assets decreased by 23.93% to CNY 5,637.12 million, while net assets attributable to shareholders increased by 35.58% to CNY 1,975.66 million[24]. - The weighted average return on net assets dropped to 30.38%, a decrease of 420.67 percentage points from the previous year[24]. - The company achieved a net profit for 2022 of 780.36 million RMB, with a net profit attributable to the parent company of 521.43 million RMB[58]. - The company's non-recurring net profit grew by 323.49% year-on-year, reaching 278.81 million RMB[58]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of RMB 0.80 per 10 shares, totaling RMB 53,005,828.88, subject to shareholder approval[5]. - The company's total share capital as of December 31, 2022, was 662,572,861 shares[5]. - The cash dividend amount for the year was CNY 53,005,828.88, representing 10.17% of the net profit attributable to ordinary shareholders[154]. Market and Industry Trends - The company benefited from the explosive growth in the new energy vehicle industry, which significantly increased demand for phosphorus-related products[29]. - The price of phosphate rock peaked at 970 RMB/ton in 2022, a 73.2% increase compared to the beginning of the year[36]. - The supply of phosphate rock is tightening, leading to expectations of continued price increases due to its strategic mineral status and limited substitutes[40]. - The company anticipates that yellow phosphorus prices will remain high and supply will continue to be tight due to rising production costs and regulatory impacts[45]. - The overall demand for phosphoric acid in China has been decreasing, with total demand dropping from 232.2 million tons in 2016 to 210.3 million tons in 2020[91]. Production and Capacity - The domestic yellow phosphorus production capacity is approximately 1.4485 million tons, with the company holding a leading position with a production capacity of 160,000 tons per year[88][89]. - The production capacity of phosphoric acid decreased from 4.34 million tons in 2017 to 2.5022 million tons in 2022, with wet-process phosphoric acid capacity slightly increasing while thermal-process capacity continued to decline[91]. - The production of yellow phosphorus increased by 73.54%, while sales volume decreased by 6.64%[65]. - The total capacity of phosphoric acid in China increased to 5.307 million tons, with a capacity growth rate of 18.72%[46]. Research and Development - Research and development expenses reached CNY 398,682.54, marking a 100% increase as new R&D projects were initiated[60]. - The company has invested significantly in technology innovation and environmental protection, achieving advancements in energy efficiency and waste management[57]. - The company plans to enhance R&D investment in high-purity, differentiated, organic, new energy, and new materials sectors, aiming to strengthen its integrated "mining, electricity, phosphorus, and transportation" model[110]. Environmental and Sustainability Initiatives - The company is committed to low-carbon goals and adheres to energy-saving and waste-reduction principles in its production processes[84]. - The company achieved compliance with all pollutant discharge standards in 2022, with no exceedances reported in monitoring results[163]. - The company has implemented energy-saving strategies, including the use of steam generated from the combustion of yellow phosphorus to replace coal-fired boilers, significantly reducing carbon emissions[173]. - The company has established a dedicated carbon reduction working group to enhance its efforts in achieving carbon neutrality goals[173]. - The company invested a total of 1.035 million yuan in social responsibility initiatives, including a donation of 1 million yuan to local charitable projects[174]. Governance and Compliance - The company maintains a strict governance structure, ensuring that all shareholders, especially minority shareholders, have equal rights and can fully exercise their rights[117]. - The company emphasizes compliance with information disclosure obligations and actively maintains communication with investors to keep them informed of significant developments[119]. - The company has not reported any changes in shareholding for its directors and senior management during the reporting period[121]. - The company has not encountered any non-standard audit opinions from its accounting firm during the reporting period[183]. - The company has committed to ensuring that any related transactions are conducted at fair market prices and in compliance with legal requirements[179]. Future Outlook - Future guidance indicates a projected revenue growth of 12% for 2023, with a target of RMB 1.68 billion[126]. - The company is focusing on the development of new products, particularly in the phosphate chemical sector, aiming to launch two new products by Q3 2023[124]. - Market expansion plans include entering Southeast Asian markets, targeting a 15% market share by 2025[124]. - Jiangsu Chengxing is considering strategic acquisitions to enhance its production capabilities, with a budget allocation of 100 million for potential mergers[124].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 811,820,436.21, representing a decrease of 20.63% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 19,887,372.08, down 70.56% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY 21,822,861.88, a decline of 68.75% compared to the previous year[5]. - The company's operating profit for Q1 2023 was CNY 67,866,586.22, down 59.5% from CNY 167,607,472.37 in the same period last year[21]. - The total profit before tax for Q1 2023 was CNY 61,756,465.09, down 58.8% from CNY 149,670,167.70 in Q1 2022[21]. - In Q1 2023, Jiangsu Chengxing Phosphate Chemical Co., Ltd. reported a net profit of CNY 55,400,169.04, a decrease of 57.1% compared to CNY 129,241,495.91 in Q1 2022[21]. - The total revenue from sales of goods and services in Q1 2023 was CNY 643,694,010.27, a decline of 12.4% from CNY 734,700,133.77 in Q1 2022[24]. - Basic and diluted earnings per share for Q1 2023 were both CNY 0.03, compared to CNY 0.10 in Q1 2022[22]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 111.15% to CNY 21,505,983.30[5]. - Cash flow from operating activities generated a net cash inflow of CNY 21,505,983.30, an increase of 111.5% from CNY 10,185,155.79 in Q1 2022[25]. - The company incurred a net cash outflow of CNY 212,953,290.57 from financing activities in Q1 2023, compared to a net outflow of CNY 8,430,571.83 in Q1 2022[25]. - The company's cash and cash equivalents decreased to CNY 345,204,806.74 as of March 31, 2023, from CNY 543,165,964.17 at the end of 2022, representing a decline of 36.4%[14]. - The total cash and cash equivalents at the end of Q1 2023 were CNY 280,313,759.19, down from CNY 328,371,739.73 at the end of Q1 2022[26]. - Cash and cash equivalents decreased by 36.45% primarily due to increased debt repayment and salary payments[7]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,416,239,714.80, a decrease of 3.92% from the end of the previous year[6]. - Total assets decreased to CNY 5,416,239,714.80 as of March 31, 2023, from CNY 5,637,116,355.49 at the end of 2022, a decline of 3.9%[16]. - Total liabilities decreased to CNY 2,983,098,446.65 as of March 31, 2023, from CNY 3,108,235,584.65 at the end of 2022, reflecting a reduction of 4.0%[16]. - Accounts receivable as of March 31, 2023, were CNY 149,944,420.39, down from CNY 210,989,803.84 at the end of 2022, indicating a decrease of 29%[15]. - Inventory as of March 31, 2023, was CNY 884,240,100.45, slightly up from CNY 868,668,797.48 at the end of 2022, showing an increase of 1.6%[15]. Shareholder Information - The top two shareholders hold a combined 41.79% of the company's shares, with Wuxi Xingshengzhou Technology Partnership holding 25.78% and Jiangsu Huaxi Industrial Group holding 16.01%[10]. Operational Changes - The company has adopted more flexible operational strategies in response to recent market fluctuations to secure higher operating profits[12]. - The subsidiary Yunnan Xuanwei Phosphate Power has suspended production as of April 10, 2023, pending government approval for resumption[12]. Expenses - Research and development expenses amounted to CNY 353,971.10 in Q1 2023, with financial expenses totaling CNY 32,529,107.58, compared to CNY 29,171,523.37 in Q1 2022[21]. - The company paid CNY 127,963,772.13 to employees in Q1 2023, an increase from CNY 78,262,986.45 in Q1 2022[25].

●投资者可于 2023 年 04 月 11 日(星期二)16:00 前登录上证路演中心网站首 页点击"提问预征集"栏目或通过公司邮箱（cx@cxpcchina.com）进行提问。公 司将在说明会上对投资者普遍关注的问题进行回答。 江苏澄星磷化工股份有限公司（以下简称"公司"）已于 2023 年 3 月 29 日 发布公司 2022 年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经 营成果、财务状况，公司计划于 2023 年 04 月 12 日下午 14:00-15:00 举行 2022 年度业绩暨现金分红说明会，就投资者关心的问题进行交流。 一、说明会类型 证券代码：600078 证券简称：ST 澄星 公告编号：临 2023-019 江苏澄星磷化工股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 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： ●会议召开时间：2023 年 04 月 12 日(星期三)下午 14:00-15:00； ● 会 议 召 开 地 点 ： 上 海 证 ...

Financial Performance - The company's operating revenue for 2022 was RMB 4,537,553,208.82, representing a 36.12% increase compared to RMB 3,333,405,365.12 in 2021[23]. - The net profit attributable to shareholders of the listed company decreased by 74.13% to RMB 521,428,568.48 from RMB 2,015,196,508.25 in the previous year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 278,806,161.17, a significant increase of 323.49% compared to a loss of RMB 124,752,486.94 in 2021[23]. - The cash flow from operating activities was RMB 490,066,292.49, a slight decrease of 2.44% from RMB 502,313,051.66 in 2021[23]. - The company reported a significant improvement in its net profit margin, indicating better cost management and operational efficiency[23]. - The company achieved a sales revenue of CNY 4,537.55 million, an increase of 36.12% year-on-year[29]. - The net profit attributable to the parent company was CNY 521.43 million, with a growth of 323.49% in the net profit after deducting non-recurring gains and losses, reaching CNY 278.81 million[29]. - Basic earnings per share were CNY 0.79, marking a significant increase compared to previous years[29]. - The company's total assets decreased by 23.93% to CNY 5,637.12 million, while net assets attributable to shareholders increased by 35.58% to CNY 1,975.66 million[24]. - The weighted average return on net assets dropped to 30.38%, a decrease of 420.67 percentage points from the previous year[24]. Market and Industry Trends - The company benefited from the explosive growth in the new energy vehicle industry, which significantly increased the demand for phosphorus-related products[29]. - The domestic production of phosphate rock in 2022 was 10,474.5 million tons, a year-on-year increase of 1.79%[34]. - In 2022, China's phosphate rock price peaked at 970 RMB/ton, a 73.2% increase compared to the beginning of the year[36]. - Domestic yellow phosphorus production reached approximately 840,000 tons in 2022, with a total capacity of about 1.4485 million tons, resulting in an operating rate of approximately 57.99%, up by 1.96 percentage points from 2021[41]. - The price of yellow phosphorus fluctuated between 24,500 RMB/ton and 39,000 RMB/ton in 2022, reflecting a tight supply situation[43]. - The total capacity of phosphoric acid in China increased to 5.307 million tons by the end of 2022, with a capacity growth rate of 18.72%[46]. - The annual production of phosphoric acid in China was estimated at 2.5022 million tons in 2022, an increase of 18.59% year-on-year[46]. - The price of thermal phosphoric acid in Jiangsu was 9,550 RMB/ton at the end of 2022, a decrease of 25.78% from the beginning of the year[46]. - The electronic-grade phosphoric acid market is expected to grow significantly, with the global wet electronic chemicals market projected to exceed $8 billion by 2025[50]. - The domestic yellow phosphorus market is expected to remain tight, with prices anticipated to stay high due to rising production costs and environmental regulations[45]. Research and Development - The company has achieved breakthroughs in producing electronic-grade phosphoric acid, which is now exported to major international chip manufacturers[49]. - The company plans to increase R&D investment in high-purity, differentiated, organic, new energy, and new materials products, focusing on integrating the "mining, electricity, phosphorus, and transportation" model[110]. - The total research and development (R&D) expenditure was 398,682.54 RMB, representing 0.01% of the total operating revenue[71]. - The number of R&D personnel is 61, accounting for 2.70% of the total workforce[72]. - The company is investing 100 million yuan in R&D for new technologies aimed at improving production efficiency by 30% over the next two years[126]. Environmental and Social Responsibility - The company has made significant investments in environmental protection and energy-saving technologies, achieving recognition as a "green factory"[57]. - The company is committed to low-carbon goals and adheres to energy-saving and waste-reduction principles in its production processes[84]. - The company achieved a total of 3×50MW coal-fired and yellow phosphorus tail gas comprehensive utilization power generation units, which completed environmental compliance procedures[165]. - The company has implemented a closed-loop system for wastewater treatment, ensuring no external discharge[164]. - The company invested 7 million in upgrading the existing flue gas treatment system, with a treatment capacity of 90,000 m³/h and a dust collection efficiency of over 95%[170]. - The company has established a dedicated carbon reduction task force to implement energy-saving strategies and improve material utilization efficiency[174]. - The company has donated 10,000 yuan to support rural revitalization projects in Yunnan Province[176]. - The company has provided job opportunities for nearly 30 disabled employees, promoting equal employment practices[176]. - The company has enhanced its infrastructure to create livable rural communities as part of its social responsibility efforts[176]. Governance and Compliance - The company completed the election of the 11th Board of Directors and Supervisory Board on November 7, 2022, and revised its articles of association and related rules[117]. - The company maintains a strict governance structure, ensuring that all shareholders, especially minority shareholders, have equal rights and can fully exercise their rights[117]. - There were no related party transactions between the company and its controlling shareholder, ensuring independent operation of the board and supervisory board[118]. - The company emphasizes compliance with information disclosure regulations and actively communicates with investors to keep them informed of significant developments[119]. - The company has implemented measures to manage insider information and ensure confidentiality among insiders[119]. - The company has not reported any significant changes in its business operations or competitive landscape that would affect its independence[118]. - The company has conducted a thorough self-assessment of its governance practices in accordance with regulatory requirements[158]. - The company has not reported any significant defects in its internal control system during the reporting period[157]. - The company has not engaged in any significant asset or equity acquisitions or disposals during the reporting period, reflecting a cautious approach to capital allocation[192]. Future Outlook - The company aims to enhance its market position through strategic initiatives, although specific new products or technologies were not detailed in the provided content[115]. - Future outlook indicates a projected revenue growth of 10% for the upcoming fiscal year, driven by new product launches and market expansion strategies[124]. - Jiangsu Chengxing plans to expand its market presence in Southeast Asia, targeting a 20% increase in market share by 2025[124]. - The company has set a performance guidance for 2023, projecting a revenue target of 1.5 billion yuan, which would represent a 25% increase year-on-year[126]. - The management emphasized a focus on sustainability, with plans to reduce carbon emissions by 20% by 2025 through innovative production methods[126].

江苏澄星磷化工股份有限公司 2022 年第三季度报告 证券代码：600078 证券简称：ST 澄星 江苏澄星磷化工股份有限公司 2022 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法律责任。 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 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 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上 年同期增减变 | 年初至报告期末 | 年初至报告 期末比上年 | | --- | --- | --- | --- | --- | | | | 动幅度(%) | | 同期增减变 | | | | | | 动幅度(%) | | 营业收入 | 1,303,726,538.60 | 29.00 | 3,650,547 ...

江苏澄星磷化工股份有限公司 2022 年半年度报告 公司代码：600078 公司简称：ST 澄星 江苏澄星磷化工股份有限公司 2022 年半年度报告 1 / 157 江苏澄星磷化工股份有限公司 2022 年半年度报告 重要提示 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 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性、准确性、 完整性，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、 公司负责人蒋大庆、主管会计工作负责人杨晓丹及会计机构负责人（会计主管人员）杨晓丹 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 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 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、准确性和完整性 否 十、 ...

Financial Performance - The company's operating revenue for 2021 was ¥3,333,405,365.12, representing a 6.28% increase compared to ¥3,136,548,503.96 in 2020[20] - The net profit attributable to shareholders for 2021 was ¥2,015,196,508.25, a significant recovery from a loss of ¥2,300,528,484.33 in 2020, marking a 187.60% improvement[20] - Basic earnings per share for 2021 were ¥3.04, a turnaround from a loss of ¥3.47 per share in 2020, reflecting a 187.61% increase[21] - The company achieved operating revenue of CNY 3,333.41 million, an increase of 6.28% compared to the previous year[28] - The net profit attributable to shareholders of the listed company was CNY 2,015.20 million, representing a significant increase of 187.60% year-on-year[28] - The company reported a diluted earnings per share of CNY 3.04, a substantial improvement from a loss of CNY 3.47 in the previous year[22] - The company achieved a net profit for 2021 of 2,134.84 million yuan, representing a significant increase of 193.95% year-on-year[42] - The net profit attributable to the parent company was 2,015.20 million yuan, up by 187.60% year-on-year[42] Cash Flow and Assets - The net cash flow from operating activities decreased by 31.26% to ¥502,313,051.66 in 2021 from ¥730,792,053.42 in 2020[20] - The total assets of the company increased by 36.01% to ¥7,410,554,635.24 at the end of 2021, compared to ¥5,448,359,731.20 at the end of 2020[20] - The net cash flow from investment activities improved by 97.28% to -CNY 50,313,791.32 compared to a significant outflow in the previous year[44] - The company's total cost of goods sold in the chemical sector was CNY 2,446,953,142.91, a reduction of 13.51% from the previous year[49] - The company's accounts payable increased to ¥87,792,116.98, a rise of 263.89% compared to ¥24,125,878.30 from the previous year[60] - The company's long-term borrowings decreased by 76.78% to ¥77,000,000.00 from ¥331,540,000.00, mainly due to reclassification of long-term borrowings due within one year[60] Operational Challenges - The company faced challenges due to the COVID-19 pandemic, including high logistics costs and reduced market demand, impacting profitability[28] - The company has faced non-operating fund occupation by controlling shareholders, which has impacted its financial stability[7] - There are significant risks associated with the company's future development, which have been detailed in the management discussion and analysis section of the report[8] - The company is currently undergoing a recovery process following a court-approved settlement agreement, which is expected to stabilize operations over time[5] Strategic Focus and Development - The company emphasizes a business model focused on fine, high-end, and green development, leveraging an integrated industry chain of mining, electricity, and phosphorus[36] - The company is actively pursuing technological innovation, with advancements in high-purity electronic-grade phosphoric acid and electronic chemicals[39] - The company is committed to improving resource utilization efficiency and enhancing its sustainable profitability through technological innovation[69] - The company is focusing on new product development, particularly in the microelectronics materials sector, which is expected to contribute an additional 5 million in revenue[98] - The company is investing in the development of electronic-grade phosphoric acid and electronic chemicals to meet high-end market demands[72] Environmental and Sustainability Initiatives - The company is committed to energy-saving and low-carbon goals in response to national policies aimed at carbon peak actions by 2030[65] - The company has achieved substantial energy savings through equipment upgrades, resulting in reduced electricity consumption and noise levels[138] - The company emphasizes environmental protection, reducing waste emissions significantly, and has improved its environmental management level through various initiatives[138] - The company has established a carbon emission leadership team to oversee carbon management responsibilities and has set up seven working groups to implement emission reduction strategies[140] Governance and Compliance - The company has implemented strict insider information management to prevent stock price fluctuations and legal risks associated with information leaks[93] - The company has not engaged in any related party transactions that would affect its independence[93] - The company has a clear timeline for the terms of its directors and supervisors, with most terms ending in March 2025[97] - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure, with the investigation ongoing as of the audit report date[194] Future Outlook - Future guidance indicates a revenue target of 1.5 billion yuan for the next fiscal year, reflecting a growth rate of 25%[99] - The company plans to enhance operational efficiency, targeting a reduction in production costs by 8%[98] - The company is exploring potential mergers and acquisitions to enhance its product portfolio and market presence[98] - The company plans to enhance its market competitiveness by developing high value-added and high-tech new processes and products[86]

江苏澄星磷化工股份有限公司 2022 年第一季度报告 证券代码：600078 证券简称：*ST 澄星 江苏澄星磷化工股份有限公司 2022 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、准确性和完整性依法承担法律责任。 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。 公司负责人蒋大庆、主管会计工作负责人杨晓丹及会计机构负责人（会计主管人员）杨晓丹保证 季度报告中财务报表信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 | 加权平均净资产收益率（%） | | 4.53 | 不适用 | | --- | --- | --- | --- | | | 本报告期末 | 上年度末 | 本报告期末比上年度 | | | | | 末增减变动幅度(%) | | 总资产 | 7,490,252,783.33 | 7,410,554,635.24 | 1.08 | | 归属于上市公司股东的所有者权益 | 1,525 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥1,010,645,781.49, representing a year-on-year increase of 29.59%[5] - Net profit attributable to shareholders was ¥75,582,563.4, a significant increase of 6,251.94% compared to the same period last year[5] - The basic earnings per share for the quarter was ¥0.11, reflecting a year-on-year increase of 5,703.72%[6] - Total operating revenue for the first three quarters of 2021 reached RMB 2,491,130,164.92, an increase of 10.2% compared to RMB 2,260,684,894.54 in the same period of 2020[23] - Operating profit for the first three quarters of 2021 was RMB 140,283,846.03, significantly up from RMB 48,836,405.65 in 2020, marking an increase of 187.5%[24] - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was RMB 63,294,491.41, compared to RMB 5,716,195.45 in the same period of 2020, reflecting a growth of 1,008.5%[25] - The total comprehensive income for the first three quarters of 2021 was RMB 103,130,352.64, compared to RMB 41,915,915.41 in 2020, indicating a growth of 146.0%[25] - The basic and diluted earnings per share for the first three quarters of 2021 were both RMB 0.096, a significant increase from RMB 0.01 in the same period of 2020[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,240,945,800.78, showing a decrease of 3.44% from the end of the previous year[6] - The total assets as of September 30, 2021, amounted to 5,240,945,800.78 RMB, a decrease from 5,427,605,985.51 RMB at the end of 2020[19] - The company's total liabilities were reported at 5,320,634,971.95 RMB, down from 5,457,832,246.77 RMB at the end of 2020[20] - Total liabilities were reported at ¥5,457,832,246.77, with current liabilities of ¥5,024,456,714.28 and non-current liabilities of ¥433,375,532.49[32] - The company reported a total equity of -¥30,226,261.26, with attributable equity to shareholders at -¥476,148,123.24[32] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥377,349,132.14, which is a decrease of 8.55% compared to the same period last year[5] - The net cash flow from operating activities for the first three quarters of 2021 was RMB 377,349,132.14, a decrease of 8.5% from RMB 412,643,335.26 in 2020[28] - The company’s cash flow from financing activities showed a net outflow of RMB 244,381,615.99 in 2021, an improvement from a net outflow of RMB 519,370,167.57 in 2020[28] - The net increase in cash and cash equivalents for Q3 2021 was ¥91,095,788.13, a decrease of ¥295,825,638.66 compared to the previous period[29] - The ending balance of cash and cash equivalents as of Q3 2021 was ¥275,576,017.79, down from ¥1,564,451,162.21 in the previous year[29] - The company’s cash and cash equivalents at the beginning of the period were ¥184,480,229.66, indicating a significant decrease in liquidity[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,709[11] - Jiangyin Chengxing Industrial Group Co., Ltd. held 25.78% of the shares, while Jiangyin Hanying Investment Co., Ltd. held 16.01%[11] - As of September 30, 2021, the controlling shareholder, Jiangyin Chengxing Industrial Group, has pledged 170,826,693 shares, representing 25.78% of the total share capital[14] Operational Challenges - The company experienced production stoppages at its Jiangyin plant from April 9 to May 29, 2021, and again from September 23 to October 29, 2021, due to safety permit issues and equipment maintenance[13] - The company is facing a significant financial strain, with a total of 2,223,347,882.40 RMB in funds occupied by the controlling shareholder and related parties as of September 30, 2021[14] - The company is involved in litigation with a total amount of 2,140,362,889.60 RMB as of the report date[15] - The company is facing significant uncertainty regarding its ability to turn its negative net assets into positive and to receive an unqualified audit opinion, indicating a substantial risk of delisting[16] Cost and Expenses - The company reported a total operating cost of RMB 2,309,168,525.89 for the first three quarters of 2021, up from RMB 2,223,083,616.19 in 2020, representing an increase of 3.9%[23] - The company’s financial expenses decreased to RMB 94,401,916.91 in 2021 from RMB 126,506,867.45 in 2020, showing a reduction of 25.4%[23] Research and Development - The company has not reported any significant new product developments or market expansions in this quarter[4] - Research and development expenses were not explicitly detailed in the provided data, indicating a potential area for further inquiry regarding new product and technology development[23] Fixed Assets - Fixed assets were valued at ¥2,375,297,558.54, with construction in progress at ¥437,958,966.55[31] - The company executed the new leasing standards starting January 1, 2021, adjusting relevant financial statement items accordingly[32] - The company had short-term borrowings of ¥3,715,442,000.00 and accounts payable of ¥557,677,436.63[31] - The company reported a long-term borrowing of ¥331,540,000.00 as part of its non-current liabilities[32]