证券代码：600110 证券简称：诺德股份 公告编号：临 2023-058 公 司 2023 年 半 年 度 报 告 及 其 摘 要 内 容 详 见 上 海 证 券 交 易 所 网 站 （http://www.sse.com.cn）。 表决结果：同意 3 票；反对 0 票；弃权 0 票。 2、《关于 2023 年半年度募集资金存放与实际使用情况的专项报告的议案》 详见公司同日在上海证券交易所网站（http://www.sse.com.cn）披露的《诺德新 材料股份有限公司关于 2023 年半年度募集资金存放与实际使用情况的专项报告》。 表决结果：同意 3 票；反对 0 票；弃权 0 票。 诺德新材料股份有限公司 第十届监事会第十一次会议决议公告 本公司监事会及全体监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。 诺德新材料股份有限公司（以下简称"诺德股份"或"公司"）第十届监事会第 十一次会议于 2023 年 8 月 16 日以通讯会议方式召开，会议由监事会主席赵周南先生 主持。应出席监事 3 人，实际出席监事 3 人。会议的召开符合《中华人民共 ...

证券代码：600110 证券简称：诺德股份 公告编号：临 2023-059 诺德新材料股份有限公司 经中国证券监督管理委员会《关于核准诺德投资股份有限公司非公开发行股 票的批复》（证监许可[2020]2579 号）核准，公司向特定对象非公开发行 246,956,518 股股票，募集资金总额为人民币 1,419,999,978.50 元，扣除相关发行 费用人民币 20,544,298.60 元（不含税）后，实际募集资金净额为人民币 1,399,455,679.90 元。2020 年 11 月 26 日，立信中联会计师事务所（特殊普通合 伙）对公司非公开发行股票的募集资金到位情况进行了审验，并出具了"立信中 联验字[2020]D-0040 号"《验资报告》。上述非公开发行股票募集资金，公司已 按照要求开立募集资金专户存储。 2、2021 年度非公开发行股票募集资金情况 经中国证券监督管理委员会《关于核准诺德投资股份有限公司非公开发行股 票的批复》（证监许可[2021]3704 号）核准，公司向特定对象非公开发行 340,000,000.00 股股票，募集资金总额为人民币 2,288,200,000.00 元，扣除 ...

鉴于公司 2021 年股票期权激励计划首次授予部分第一个行权期已到期，董事会决 定注销已到期未行权的股票期权合计 1,900,603 份。 鉴于公司 2021 年股票期权激励计划中 24 名首次授予激励对象及 1 名预留授予激 励对象已离职，根据公司《2021 年股票期权激励计划（草案）》的相关规定，上述人 员已不具备激励对象资格，董事会决定取消上述激励对象激励资格，并注销其已获授 但尚未行权的股票期权合计 2,041,940 份。 鉴于公司 2021 年股票期权激励计划中 1 名预留授予激励对象在预留授予部分第一 个行权期个人层面绩效考核结果为 D，对应当次行权期行权比例为 O，董事会决定注销 上述激励对象在对应行权期内已获授但尚未行权的股票期权合计 250,000 份。 综上，公司决定对上述已获授但尚未行权的共 4,192,543 份股票期权进行注销。 有关本事项的具体内容详见公司于 2023 年 7 月 29 日披露的《关于注销部分已授予但 尚未行权的股票期权的公告》（公告编号：临 2023-055）。 公司已向中国证券登记结算有限责任公司上海分公司（以下简称"中登公司"） 提交注销上述股票期权的申请， ...

证券代码：600110 证券简称：诺德股份 公告编号：临 2023-031 诺德新材料股份有限公司 关于召开2022年度暨2023年第一季度业绩 暨现金分红说明会的公告 重要内容提示： 会议召开时间：2023 年 05 月 22 日（星期一）下午 14:30-16:00 投 资 者 可 于 2023 年 05 月 19 日 （ 星 期 五 ） 17 ： 00 前访问 https://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。 公司将在说明会上对投资者普遍关注的问题进行回答。 诺德新材料股份有限公司（以下简称"公司"）已于 2023 年 04 月 25 日发 布公司 2022 年年度报告，于 2023 年 04 月 29 日发布公司 2023 年第一季度报告， 为便于广大投资者更全面深入地了解公司 2022 年度暨 2023 年第一季度经营成 果、财务状况，公司将参加由吉林证监局、吉林省证券业协会、深圳市全景网络 有限公司共同举办的"2023 年吉林辖区上市公司网上集体业绩说明会"，于 2023 年 05 月 22 日下午 14:30-16:00 举行 2022 年度暨 20 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,150,651,754.49, representing a year-on-year increase of 3.49%[3] - The net profit attributable to shareholders was CNY 50,209,927.91, showing a significant decline of 60.43% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was CNY 8,807,617.16, down 92.00% year-on-year[3] - The basic earnings per share decreased by 65.83% to CNY 0.0287[3] - Operating profit for Q1 2023 was CNY 98,997,697.79, a decrease of 24.2% from CNY 130,613,595.46 in Q1 2022[21] - Net profit for Q1 2023 was CNY 99,669,744.38, down 30.4% compared to CNY 143,097,940.14 in Q1 2022[21] - Total comprehensive income for Q1 2023 was ¥96,557,766.12, compared to ¥127,960,954.39 in the same period last year, reflecting a decrease of 24.5%[22] - Basic and diluted earnings per share were both ¥0.0287, down from ¥0.0840 in Q1 2022, representing a decline of 65.8%[22] Cash Flow - The net cash flow from operating activities increased by 112.83% to CNY 34,416,614.03[3] - The company reported a significant increase in cash flow from operating activities due to improved collection of receivables[7] - Cash inflows from operating activities totaled ¥3,682,723,147.16, an increase of 28.8% from ¥2,859,206,549.14 in Q1 2022[23] - The net cash flow from operating activities was ¥34,416,614.03, a recovery from a net outflow of ¥268,344,293.76 in the previous year[23] - Cash outflows from investing activities were ¥535,099,664.48, significantly higher than ¥231,330,855.11 in Q1 2022, leading to a net cash outflow of ¥497,523,314.48[24] - Cash inflows from financing activities were ¥941,839,663.10, a decrease from ¥2,889,730,664.16 in the same quarter last year[24] - The ending cash and cash equivalents balance was ¥4,236,677,607.74, down from ¥3,178,187,897.83 in Q1 2022[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,181,903,744.85, an increase of 1.50% from the end of the previous year[4] - Total liabilities as of March 31, 2023, were CNY 6,332,301,874.06, compared to CNY 6,224,686,968.24 at the end of 2022, reflecting a slight increase of 1.7%[18] - Non-current assets increased to CNY 6,419,896,758.84 as of March 31, 2023, from CNY 5,950,074,882.06 at the end of 2022, marking a growth of 7.9%[17] - The company reported a significant increase in inventory, which stood at CNY 1,031,477,983.98 as of March 31, 2023, compared to CNY 1,027,628,943.78 at the end of 2022[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 169,164[9] - The largest shareholder, Shenzhen Bangmin Industrial Holdings Co., Ltd., holds 218,194,731 shares, accounting for 12.49% of total shares[10] Investments and Projects - The company invested in new projects, including the construction of a copper foil project, which contributed to increased capital expenditures[7] - The company has established Nord Shengshi New Energy Co., Ltd. with a 51% stake to develop distributed photovoltaic power generation projects[11] - The company plans to invest 1 billion RMB in Fujian Qingjing Copper Foil Co., Ltd. for a new project with an annual production capacity of 25,000 tons of electrolytic copper foil[13] - The company has terminated the investment in Qingjing Copper Foil due to recent international situation changes and strategic development planning for 2023[13] Market Strategy - The company plans to focus on expanding its market presence and investing in new product development to drive future growth[19]

Financial Performance - The net profit attributable to shareholders for 2022 was CNY 352,263,162.46, with a total distributable profit of CNY 718,412,304.33 as of December 31, 2022[5]. - The parent company reported a net loss of CNY 26,297,866.16 for 2022, with a distributable profit of CNY 331,517,713.96[5]. - The company's operating revenue for 2022 was RMB 4,709,335,662.27, representing a year-on-year increase of 5.93% compared to RMB 4,445,676,166.83 in 2021[24]. - The net profit attributable to shareholders of the listed company was RMB 352,263,162.46, a decrease of 13.04% from RMB 405,084,585.88 in the previous year[24]. - The net profit after deducting non-recurring gains and losses was RMB 331,847,292.06, down 11.53% from RMB 375,111,092.82 in 2021[24]. - The net cash flow from operating activities was RMB 794,896,055.59, a decrease of 23.81% compared to RMB 1,043,332,001.58 in 2021[24]. - The total assets at the end of 2022 were RMB 13,972,314,078.40, an increase of 60.50% from RMB 8,705,351,412.00 in 2021[24]. - The net assets attributable to shareholders of the listed company increased by 63.41% to RMB 6,275,123,459.80 from RMB 3,840,087,904.20 in 2021[24]. - The basic earnings per share for 2022 were RMB 0.2091, down 27.87% from RMB 0.2899 in 2021[25]. - The diluted earnings per share were RMB 0.2083, a decrease of 28.15% compared to RMB 0.2899 in the previous year[25]. - The weighted average return on equity was 6.04%, down from 11.18% in 2021, a decrease of 5.14 percentage points[25]. Dividend and Profit Distribution - No profit distribution or capital reserve transfer to share capital will occur for the 2022 fiscal year, pending the implementation of dividend plans by subsidiaries[5]. - The company emphasizes the importance of implementing dividend plans from subsidiaries to enhance the parent company's distributable profits[5]. - The company plans to propose a profit distribution plan after the completion of subsidiary dividend distributions[5]. Risk Management - The report includes a risk statement regarding forward-looking statements, cautioning investors about potential investment risks[6]. - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties[6]. - There are no violations of decision-making procedures regarding external guarantees[7]. - The board of directors and management have confirmed the accuracy and completeness of the annual report[4]. - The audit report issued by Dahua Certified Public Accountants is a standard unqualified opinion[4]. Market and Industry Trends - The company plans to continue expanding its market presence and invest in new product development to enhance competitiveness in the lithium battery materials sector[23]. - The company is focusing on the development of high-end lithium battery copper foil, which is expected to see increased demand due to the growth of the new energy vehicle industry[34]. - The company is aligning with national strategies to enhance its core capabilities in the new energy sector, particularly in commercial energy storage solutions[35]. - The company aims to expand its market share and enhance its industry influence by increasing production capacity and exploring overseas markets[33]. - The demand for lithium-ion batteries is driven by the rapid growth of the new energy vehicle market, stable growth in the 3C digital sector, and the burgeoning trillion-level energy storage market[49]. - The lithium battery copper foil market is characterized by seasonality, with the first quarter typically being a sales off-season and the third and fourth quarters being peak sales periods[51]. - The copper foil industry is closely linked to its downstream markets, particularly in new energy vehicles and energy storage systems, which are currently in a growth phase[50]. Production and Capacity Expansion - The company has successfully completed two rounds of private placements to raise funds for expanding production capacity, optimizing its capital structure and reducing financial risks[39][40]. - The company is investing in a new production base in Hubei with a planned capacity of 100,000 tons, expected to start production in 2023, and another base in Jiangxi with a capacity of 100,000 tons planned for completion by 2025[86]. - The production capacity of the copper foil production base in Qinghai is 35,000 tons/year, with an additional 15,000 tons/year under construction, totaling a capacity of 50,000 tons/year by the end of the reporting period[85]. - The company has begun small-scale production of 3-micron ultra-thin copper foil products and composite copper foil samples, which are currently being tested by downstream customers[89]. - The company has increased production of 6-micron copper foil and achieved technological upgrades for products smaller than 6 microns[90]. Research and Development - Research and development expenses increased slightly to 157.92 million RMB, reflecting the company's commitment to innovation[94]. - The company is focused on continuous technological innovation to meet the evolving demands of the high-end lithium battery copper foil market[38]. - The company aims to develop thinner, high-strength lithium battery copper foil and micro-porous copper foil, which requires significant R&D investment and innovation[88]. - The company has established the Nord New Energy Materials Research Institute, focusing on technological optimization and key technology breakthroughs in the copper foil industry[88]. Corporate Governance - The company has implemented a centralized management model to improve operational efficiency and ensure compliance with legal regulations, enhancing corporate governance and transparency[41]. - The company has continuously improved its corporate governance structure in accordance with laws and regulations, ensuring the proper operation of the shareholders' meeting, board of directors, and supervisory board[173]. - The company has conducted several extraordinary general meetings to approve significant matters, including investment projects and bank credit applications, ensuring compliance with disclosure obligations[177]. - The company has maintained a commitment to improving its governance and compliance levels, which is crucial for its long-term sustainability and market position[176]. Environmental and Social Responsibility - The company is committed to environmental protection and has established mechanisms for monitoring pollution emissions while promoting energy-saving upgrades[43]. - The company has actively engaged in social responsibility initiatives, including disaster relief efforts during severe weather events[44]. - The company is committed to promoting energy-saving and emission-reduction technologies in response to national "dual carbon" goals, with new projects incorporating carbon emission equivalents into their economic evaluations[159]. Strategic Partnerships and Acquisitions - The company is exploring potential acquisitions to strengthen its market position, with a budget of 500 million allocated for this purpose[186]. - The company has proposed a share repurchase plan to enhance shareholder value[178]. - The company is focused on expanding its market presence through financing and strategic partnerships[179]. Stock Options and Executive Compensation - The total stock options granted in the 2021 incentive plan amounted to 678,100 shares, with a total value of 3,483,420,000 CNY, resulting in a net value of 2,805,320,000 CNY[184]. - The total remuneration for the chairman, Chen Lizhi, is 1.0243 million yuan, while the general manager, Xu Songqing, receives 981,000 yuan[181]. - The remuneration for directors, supervisors, and senior management is determined based on the company's economic performance and assessment targets[198].

Financial Performance - Q3 2022 revenue reached ¥1,237,355,122.70, a year-on-year increase of 0.74%[3] - Net profit attributable to shareholders was ¥77,020,090.92, down 35.87% compared to the same period last year[3] - Basic earnings per share decreased by 48.60% to ¥0.0442[4] - Total revenue for the first three quarters of 2022 reached ¥3,290,268,449.03, a slight increase from ¥3,235,992,820.39 in the same period of 2021[25] - Net profit for the third quarter of 2022 was ¥280,446,362.91, down from ¥321,581,872.29 in the same quarter of 2021, indicating a decrease of about 12.8%[26] - The total comprehensive income attributable to the parent company for Q3 2022 was ¥387,549,971.10, compared to ¥316,688,266.52 in Q3 2021, marking an increase of approximately 22.3%[27] - Basic earnings per share for Q3 2022 were ¥0.1684, down from ¥0.2302 in Q3 2021, reflecting a decrease of about 26.8%[27] Assets and Liabilities - Total assets increased by 51.69% to ¥13,205,150,611.34 compared to the end of the previous year[4] - The company's total assets as of the end of the third quarter of 2022 amounted to ¥13,205,150,611.34, compared to ¥8,705,351,412.00 at the end of the previous year, showing a significant increase of approximately 51.5%[24] - Total liabilities reached ¥5,878,542,663.41, up from ¥4,865,263,507.80, representing an increase of about 20.8%[23] - The company’s equity attributable to shareholders rose by 66.05% to ¥6,376,300,342.05 compared to the end of the previous year[4] - The company's equity attributable to shareholders was ¥6,376,300,342.05, compared to ¥3,840,087,904.20 in the previous year, reflecting an increase of approximately 66.1%[24] Cash Flow - Cash flow from operating activities for the year-to-date was ¥820,710,092.67, an increase of 29.80%[3] - The net cash flow from operating activities for the first three quarters of 2022 was ¥820,710,092.67, up from ¥632,287,151.28 in the previous year, reflecting a growth of about 30%[29] - The net cash flow from investing activities was -¥1,399,840,661.27, worsening from -¥428,880,080.38 in the same period last year, indicating increased investment outflows[30] - The net cash flow from financing activities improved significantly to ¥3,197,571,856.53, compared to a negative cash flow of -¥563,642,503.31 in the previous year[30] - The cash and cash equivalents at the end of Q3 2022 amounted to ¥3,897,939,318.67, significantly higher than ¥1,211,185,787.25 at the end of Q3 2021[30] Investments and Expenditures - Development expenditures rose to 279.60 million, mainly due to increased R&D investment in copper foil projects[9] - The company reported accounts receivable of RMB 1,491,464,079.11 as of September 30, 2022, compared to RMB 1,542,855,595.13 at the end of 2021, indicating a decrease of about 3.3%[21] - The company has recognized a total debt claim of RMB 70,743,449.87 against Watma, including principal and interest, following the bankruptcy proceedings[17] - The company acquired 5% of Suzhou Dawson Drilling Equipment Co., Ltd. shares through its wholly-owned subsidiary, with the agreement signed on July 7, 2022[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 182,047[12] - The company completed the repurchase of 11,291,600 shares, accounting for 0.65% of the total share capital, with a total expenditure of approximately RMB 100,000,765.86[20] - The company plans to use the repurchased shares for employee stock ownership plans and equity incentives[19] - The company reported a total of 8,483,856 shares transferred under the stock option incentive plan as of September 30, 2022[20] - The company adjusted the exercise price of its stock option incentive plan, reducing the initial exercise price from RMB 7.55 to RMB 7.49 per share[20] Other Financial Metrics - The company reported a gross profit margin of approximately 6.5% for the first three quarters of 2022, compared to 6.4% in the same period of 2021[25] - The company’s financial expenses decreased by 30.90 million, attributed to reduced interest expenses and increased exchange gains[9] - Other comprehensive income increased to 1,190.27 million, driven by fair value changes of other equity instruments and foreign currency translation adjustments[9] - The company reported an asset disposal gain of 108.40 million, reflecting increased asset disposal income[10] - Deferred income increased by 37.74 million, mainly due to government subsidies received[9]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[13]. - The net profit attributable to shareholders reached RMB 200 million, up 10% compared to the same period last year[13]. - The company's operating revenue for the first half of the year reached ¥2,052,913,326.33, representing a 2.25% increase compared to ¥2,007,742,029.78 in the same period last year[22]. - Net profit attributable to shareholders was ¥203,118,666.11, a slight increase of 0.81% from ¥201,483,753.41 year-on-year[22]. - The net cash flow from operating activities surged to ¥240,961,760.63, a significant increase of 1,308.86% compared to ¥17,103,316.49 in the previous year[22]. - The company's total assets grew by 35.76% to ¥11,818,695,896.07 from ¥8,705,351,412.00 at the end of the previous year[22]. - The net assets attributable to shareholders increased by 62.94% to ¥6,257,100,566.76 from ¥3,840,087,904.20 at the end of the previous year[22]. - Basic earnings per share decreased by 13.25% to ¥0.1251 from ¥0.1442 in the same period last year[23]. - The weighted average return on net assets fell to 3.72%, down 2.02 percentage points from 5.74% year-on-year[23]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by the end of 2023[13]. - A strategic acquisition of a local competitor is anticipated to enhance the company's supply chain efficiency by 15%[13]. - The company has set a performance guidance for the second half of 2022, projecting a revenue growth of 12%[13]. - The company is focused on expanding production capacity in response to the growing demand for clean energy and new energy applications, which is expected to enhance profitability[101]. - The company is actively pursuing legal actions to protect its interests against third parties that have harmed its rights[159]. Research and Development - The company has allocated RMB 300 million for research and development in new technologies for the upcoming fiscal year[13]. - Research and development expenses rose by 70.81% to approximately CNY 92.34 million, indicating a strong commitment to innovation[87]. - The company is focusing on R&D for thinner high-strength lithium battery copper foils and composite copper foils for 5G applications[70]. - The company has established the Nord New Energy Materials Research Institute to enhance its R&D capabilities and attract top industry talent[69]. Industry Trends and Demand - The lithium battery copper foil market is expected to grow significantly due to increasing demand for lithium-ion batteries in electric vehicles and renewable energy applications[29]. - The demand for lithium batteries is projected to continue growing due to the rapid development of the new energy vehicle industry and the stable growth in the 3C digital sector, alongside the burgeoning trillion-level energy storage market[30]. - The demand for high-end copper foil products in the lithium battery industry is rapidly increasing, driven by the growth of new energy vehicles[44]. - The market for lithium batteries and related industries is expected to maintain a high level of prosperity, with continued growth in sales anticipated[43]. Environmental and Social Responsibility - The company has implemented a series of environmental protection measures, ensuring that all pollutant emissions are within controlled limits and meet regulatory requirements[84]. - The company established the Shenzhen Nord Public Welfare Foundation in May 2022, emphasizing its commitment to social responsibility and community support[86]. - The company has committed to reducing carbon emissions by adopting energy-efficient technologies and practices, aiming for sustainable development[141]. - The company has established a biodiversity action plan to mitigate risks associated with its operations and protect local ecosystems[139]. Financial Management and Risks - The company faces risks from fluctuating raw material prices, particularly copper, which is a major component of production costs[110]. - The asset-liability ratio remains high, which could limit the company's financing options and increase financial costs, prompting the company to optimize its financial structure[111]. - The company is committed to enhancing its technology and product innovation to maintain its competitive edge in the rapidly evolving copper foil industry[112]. - The company is exposed to risks related to changes in national policies affecting the new energy vehicle industry, which could impact the demand for its products[106]. Corporate Governance and Shareholder Matters - The company held four temporary shareholder meetings and one annual meeting during the reporting period, all conducted in compliance with legal regulations[123]. - The company completed the election of the 10th Board of Directors and Supervisory Board, including the election of the Chairman, Vice Chairman, and several directors[125]. - No profit distribution or capital reserve fund increase plan was proposed for the half-year period, with no dividends or stock bonuses declared[126]. - The company has implemented stock option incentive plans, with various announcements regarding the granting and cancellation of stock options[127].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,111,805,797.49, representing a 25.00% increase compared to the same period last year[5] - The net profit attributable to shareholders was CNY 126,902,878.42, reflecting a significant increase of 94.05% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 110,084,654.47, up by 80.45% from the previous year[5] - The basic earnings per share for the period was CNY 0.0840, an increase of 79.49% year-over-year[5] - The total revenue for the first quarter of 2022 was approximately 1.11 billion RMB, compared to 889.47 million RMB in the first quarter of 2021, indicating a year-over-year increase of about 25.0%[26] - Net profit for Q1 2022 reached CNY 126.9 million, representing a 94% increase from CNY 65.4 million in Q1 2021[29] - The total profit for Q1 2022 was CNY 143.1 million, more than double the CNY 72.1 million reported in Q1 2021[29] Assets and Liabilities - The total assets at the end of Q1 2022 reached CNY 11,344,231,944.48, marking a 30.31% increase from the end of the previous year[6] - The company's total liabilities as of March 31, 2022, were approximately 5.10 billion RMB, compared to 4.87 billion RMB at the end of 2021, showing an increase of about 4.7%[24] - The company's total current assets amounted to approximately 6.85 billion RMB, up from 4.36 billion RMB, representing a growth of about 57.0% year-over-year[22] - The company's cash and cash equivalents stood at approximately 3.66 billion RMB as of March 31, 2022, significantly higher than 1.79 billion RMB at the end of 2021, marking an increase of about 104.0%[22] - The company reported a decrease in accounts payable from approximately 291.86 million RMB in Q1 2021 to 251.24 million RMB in Q1 2022, a reduction of about 13.9%[23] Shareholder Information - Total number of common shareholders at the end of the reporting period was 168,155[12] - The top 10 shareholders include Shenzhen Bangmin Industrial Holdings Co., Ltd. with 218,194,731 shares, accounting for 12.56% of total shares[12] - Shenzhen Bangmin New Materials Co., Ltd. and Shenzhen Hongyuan New Materials Co., Ltd. each hold 150,000,000 shares, representing 8.63% of total shares[12] - The top 10 unrestricted shareholders include China Postal Savings Bank with 28,202,644 shares, accounting for 1.62% of total shares[13] Research and Development - Research and development expenses surged by 210.36%, indicating a significant increase in investment in new technologies[9] - Future R&D directions include ultra-thin high tensile and high elongation lithium battery copper foil, microporous copper foil, and standard copper foil for 5G high-frequency electronic circuits[18] - The company established the Nord New Energy Materials Research Institute on January 5, 2022, focusing on key technologies in the copper foil industry[18] - The company has independent equipment systems for the preparation of composite additives and has advanced technology for testing raw materials and products[18] - The company has a complete additive preparation room and equipment, managed by experienced technical staff[18] - The company’s electrolytic liquid filter technology and composite additive preparation technology are considered leading in the domestic copper foil production industry[18] Investment and Expansion - The company is investing 3.5 billion RMB to establish a new production base for 100,000 tons of copper foil materials, responding to the rapid growth in the new energy battery materials market[19] - The company is actively advancing the implementation of the new production project and has officially signed the investment cooperation agreement[20] - The company has a strong focus on expanding its market share and enhancing competitiveness through the new production base project, aligning with national industrial policies[19] Cash Flow - The net cash flow from operating activities was negative at CNY -268,344,293.76, a decrease of 23.90% compared to the same period last year[5] - The company reported a net cash outflow from operating activities of CNY 268.3 million, worsening from a net outflow of CNY 216.6 million in Q1 2021[31] - The company experienced a net cash inflow from financing activities of CNY 2.4 billion, a significant improvement from a net outflow of CNY 34.6 million in Q1 2021[32] - The company raised CNY 2.27 billion through investment absorption in Q1 2022, compared to no such inflow in Q1 2021[32] Regulatory and Compliance - The company announced the implementation of new accounting standards starting from 2022, affecting the financial statements from the beginning of the year[33] - The board of directors of Nord Investment Co., Ltd. issued a notice regarding the first quarter report for 2022 on April 28, 2022[33] - The announcement is part of the company's regulatory compliance for financial reporting[33] Miscellaneous - The document did not include any information on market expansion or mergers and acquisitions[33] - Future outlook and performance guidance were not provided in the content[33] - There were no mentions of new products or technology developments in the report[33] - Other strategic initiatives were not detailed in the content[33] - The document consists of a total of 16 pages, indicating a comprehensive report[33]

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 405,084,585.88 for the year 2021, with the parent company reporting a net profit of RMB 311,627,196.35[5]. - The total distributable profit for the parent company as of December 31, 2021, was RMB 462,002,283.51 after accounting for retained earnings and reserves[5]. - The company plans to distribute a cash dividend of RMB 0.6 per 10 shares (tax included) to all shareholders, with no bonus shares or capital reserve conversion into shares proposed for 2021[5]. - The company's operating revenue for 2021 reached ¥4,445,676,166.83, representing a 106.32% increase compared to ¥2,154,765,316.68 in 2020[24]. - Net profit attributable to shareholders was ¥405,084,585.88, a significant increase from ¥5,385,384.12 in the previous year, marking a growth of 7,421.93%[24]. - The cash flow from operating activities netted ¥1,043,332,001.58, up 101.99% from ¥516,531,198.73 in 2020[25]. - Basic earnings per share for 2021 were ¥0.2899, a dramatic rise of 6,202.17% compared to ¥0.0046 in 2020[26]. - The weighted average return on equity increased to 11.18%, up 10.93 percentage points from 0.25% in 2020[26]. - The gross profit margin for the main business was 24.64%, with a year-on-year increase of 4.31 percentage points[95]. - The operating cost increased by 95.19% to 3.346 billion RMB, primarily due to increased sales volume and raw material prices[92]. Audit and Compliance - The company has received a standard unqualified audit report from Da Hua Certified Public Accountants[4]. - The board of directors and senior management confirm the authenticity, accuracy, and completeness of the annual report[11]. - The report does not contain any misleading statements or significant omissions[11]. - The company has implemented strict compliance with insider information management regulations and improved corporate governance during the reporting period[143]. - The company maintains effective internal control over financial reporting as confirmed by the audit report from Dahua Accounting Firm[196]. - The company has no significant internal control deficiencies during the reporting period[194]. Risk Management - The company has outlined potential risks and countermeasures in the management discussion and analysis section of the report[10]. - The company emphasizes the importance of investor awareness regarding investment risks related to forward-looking statements[6]. - The company has maintained effective risk management practices, ensuring no significant risk events occurred during the reporting period[42]. - The company faces risks from changes in national policies regarding the new energy vehicle industry, which could adversely affect the lithium battery copper foil sector[128]. - Increased competition in the lithium battery copper foil market is anticipated, with new entrants and existing companies expanding capacity, posing a risk to the company's market position[129]. - Fluctuations in raw material prices, particularly copper, could significantly affect production costs and cash flow[131]. Production and Capacity - The company has upgraded its production lines, resulting in a steady increase in capacity utilization and market share in the lithium battery copper foil sector[37]. - The company has established five production bases, with a total capacity of 85,000 tons per year after the completion of new projects[85]. - The Qinghai copper foil base has a current production capacity of 35,000 tons per year, with an additional 15,000 tons under construction, aiming for a total capacity of 65,000 tons per year[85]. - The Huizhou copper foil base has a current production capacity of 8,000 tons per year, with an additional 12,000 tons recently completed and in mass production, leading to a total capacity of 20,000 tons per year[85]. - The company is focused on developing energy-efficient technologies and plans to incorporate carbon emission equivalents into its economic evaluation system for new projects[127]. Market Trends and Demand - The demand for high-end lithium battery copper foil is expected to increase significantly, driven by the growth of the new energy vehicle industry, with the Ministry of Industry and Information Technology listing ultra-thin copper foil as a key material[35]. - The global market for lithium-ion batteries is expected to grow significantly, with electric vehicle market share projected to reach 13.4% by 2030[49]. - The market for new energy vehicles is projected to maintain strong demand, positively impacting the power battery market and its supply chain[59]. - The company aims to increase production of ultra-thin lithium battery copper foil, targeting high-end products to solidify its leading position in the domestic market[119]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of the next fiscal year[160]. Research and Development - Research and development expenses increased by 112.55% to 156.85 million RMB, indicating a commitment to innovation[92]. - The company is investing in technology and product innovation to maintain its competitive edge in the rapidly evolving copper foil industry[134]. - The company plans to focus on R&D to develop thinner, high-tensile lithium battery copper foil and micro-porous copper foil, aligning with market demands[122]. - The company is committed to continuous technological innovation, focusing on thinner, high-strength lithium battery copper foils and micro-perforated copper foils for 5G applications[87]. Corporate Governance and Management - The company has established a long-term incentive mechanism to attract and retain talent, aligning the interests of shareholders, the company, and core team members[183]. - The company has implemented a performance-based compensation policy to attract and retain key talent[175]. - The company is focused on enhancing its internal control and corporate governance through various reports and evaluations[162]. - The company held multiple shareholder meetings to discuss and approve various financial and operational proposals, including the annual financial report for 2020[145]. - The company is preparing for the election of the 10th Board of Directors and Supervisory Board, with the current board continuing to fulfill their duties until the new members are appointed[153]. Strategic Initiatives - The company is actively promoting the construction of the Shenzhen Futian Intelligent Manufacturing Center project, which is currently in the engineering construction phase[109]. - The company is exploring joint land acquisition and establishing joint ventures, signaling potential growth strategies[166]. - The company plans to issue non-public shares in 2021, with a feasibility analysis report on the use of raised funds presented[146]. - The company is considering strategic acquisitions to bolster its market position, with a budget of $100 million allocated for potential deals[151].