嘉化能源 2023 年第二次临时股东大会会议资料 浙江嘉化能源化工股份有限公司 2023 年第二次临时股东大会会议资料 二〇二三年八月 股票代码：SH600273 1 / 8 嘉化能源 2023 年第二次临时股东大会会议资料 目 录 | 1、嘉化能源 | 2023 年第二次临时股东大会会议须知 | 3 | | --- | --- | --- | | 2、嘉化能源 | 2023 年第二次临时股东大会会议议程 | 5 | | 3、各议案内容 | | 7 | 股票代码：SH600273 2 / 8 嘉化能源 2023 年第二次临时股东大会会议资料 浙江嘉化能源化工股份有限公司 2023 年第二次临时股东大会会议须知 尊敬的各位股东及股东代表： 欢迎您来参加浙江嘉化能源化工股份有限公司 2023 年第二次临时股东大会。 为了维护全体股东的合法权益，确保股东大会的正常秩序和议事效率，保证大 会的顺利进行，根据《公司章程》、公司《股东大会议事规则》及相关法律法规和 规定特制定本须知。 一、董事会以维护股东的合法权益、确保大会正常秩序和议事效率为原则，认 真履行《公司章程》中规定的职责。 二、参加大会的股东请按规定出示股东 ...

Financial Performance - The company achieved total revenue of 4.499 billion RMB, a decrease of 27.63% compared to the same period last year[1]. - Net profit attributable to shareholders was 626 million RMB, down 39.02% year-on-year; net profit excluding non-recurring items was 590 million RMB, a decline of 41.90%[1]. - The company's net assets attributable to shareholders were 9.697 billion RMB, a decrease of 0.68% from the end of the previous year[1]. - The company's operating revenue for the first half of 2023 was CNY 4,499,341,879.91, a decrease of 27.63% compared to the same period last year[140]. - The net profit attributable to shareholders for the same period was CNY 626,008,936.36, down 39.02% year-on-year[140]. - The net cash flow from operating activities was CNY 106,308,361.37, reflecting a significant decline of 86.74% compared to the previous year[140]. - The basic earnings per share for the first half of 2023 was CNY 0.4500, a decrease of 38.55% from CNY 0.7323 in the same period last year[140]. - The weighted average return on net assets decreased to 6.28%, down 4.57 percentage points from 10.85% in the previous year[140]. - The total assets at the end of the reporting period were CNY 11,820,733,250.76, a decrease of 3.67% compared to the end of the previous year[140]. - The total liabilities amounted to ¥2,092,723,277.01, a decrease from ¥2,477,819,692.92 in the previous period[154]. - The total equity attributable to shareholders was ¥9,696,716,551.01, down from ¥9,763,592,779.12[154]. - The company reported a total of 4.31 tons of hazardous waste from discarded packaging, which was entrusted for disposal to a qualified third party[57]. - The company reported a total waste disposal amount of 0.04 tons for wastewater from the sulfuric acid plant during the first half of 2023[58]. Environmental Management - The company has established an ISO14001 environmental management system and has been certified, indicating a commitment to environmental standards[44]. - The company has implemented a "Leak Detection and Repair" (LDAR) system and has conducted the fifth round of clean production audits, demonstrating proactive environmental management[44]. - The company has invested in environmental pollution liability insurance, safety liability insurance, and public fire liability insurance, enhancing its risk management framework[45]. - The company has a wastewater biochemical treatment facility with a capacity of 3000 tons per day, operational since 2011, indicating robust waste management capabilities[37]. - The company has a sulfuric acid wastewater treatment system with a capacity of 200 tons per day, operational since 2020, further supporting its environmental compliance efforts[37]. - The company has established emergency response plans for environmental incidents to mitigate risks associated with chemical and fire accidents[42]. - The company has undergone modifications to its self-monitoring plan in June 2023, ensuring compliance with monitoring standards and practices[43]. - The company has a total of 1,197.06 tons of general solid waste (wastewater sludge) disposed of through qualified units, reflecting its waste management practices[35]. - The company monitored emissions of sulfur dioxide at a concentration of 11.39 mg/L from the sulfuric acid plant during the first half of 2023[59]. - The total emissions of nitrogen oxides from the sulfuric acid plant were recorded at 66.9 mg/L for the first half of 2023[59]. - The company achieved a compliance rate with air pollutant discharge standards, with no exceedances reported for sulfur dioxide and nitrogen oxides emissions[60]. - The company has implemented automatic monitoring for major pollutants, ensuring real-time compliance with environmental standards[60]. - The company is committed to environmental protection, as indicated by its status as a key pollutant discharge unit[53]. Strategic Initiatives - The company is actively exploring low-carbon technology innovations and has entered the trial operation phase for two 1 MW hydrogen fuel cell power generation stations[4]. - The company has extended its upstream supply chain and adjusted procurement strategies to mitigate risks associated with fluctuating raw material prices[2]. - The company has invested in environmental protection and energy-saving projects, which have been recognized as benchmark projects by provincial authorities[5]. - The company plans to distribute a cash dividend of 2.0 yuan per 10 shares to all shareholders, with the total share capital as the base for the distribution[64]. - The company plans to repurchase shares with a budget of no less than RMB 100 million and no more than RMB 200 million, having already repurchased 1,100,000 shares for a total of RMB 9.93 million as of July 31, 2023[111]. - The company is currently in a state of suspension of production[72]. - The company plans to focus on market expansion and new product development in the upcoming quarters to drive future growth[171]. Shareholder and Governance - The company approved a proposal to apply for a credit limit for the year 2023 during the first extraordinary shareholders' meeting held on January 12, 2023[49]. - The annual shareholders' meeting on April 21, 2023, passed nine proposals, including the 2022 annual board work report[49]. - The company’s major shareholder, Zhejiang Jiahua Group, holds 515,493,351 shares, representing a significant portion of the total equity[115]. - The company has committed to avoiding competition with the listed company and ensuring its independence[76]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[78]. - The company has not reported any violations of decision-making procedures regarding external guarantees[99]. - There are no significant risk events reported during the reporting period[67]. - There are no significant changes in the audit opinions from the previous annual report[98]. - The company has not disclosed any major litigation or arbitration matters during the reporting period[100]. - The company has implemented measures to avoid and resolve industry competition issues[102]. Cash Flow and Investments - The cash outflow for purchasing goods and services was ¥3,212,495,524.46, down from ¥3,528,886,900.27[160]. - The company recorded other operating income and expenses of ¥1,098,604.95[141]. - The company reported a foreign exchange gain of CNY 510,317.33 in the first half of 2023, compared to a loss of CNY 2,813,568.07 in the same period of 2022[172]. - The company’s total assets impairment loss for the first half of 2023 was CNY 28,028,637.04, a decrease from CNY 46,191,314.70 in the first half of 2022[172]. - The company’s cash flow from operating activities for the first half of 2023 was not detailed but is critical for assessing liquidity and operational efficiency[179]. - Cash outflow from investing activities totaled 262,430,413.44, compared to 114,820,908.39 in the previous period, reflecting an increase of about 129%[189]. - Cash inflow from financing activities was 808,215,168.40, significantly higher than 151,635,530.88 in the previous period, marking an increase of approximately 433%[189]. - The net cash flow from financing activities was -600,677,730.40, slightly improved from -627,939,571.02 in the previous period[189]. - The ending balance of cash and cash equivalents was 299,454,250.12, down from 825,141,072.17 in the previous period, a decrease of about 64%[190].

证券代码：600273 证券简称：嘉化能源 公告编号：2023-041 浙江嘉化能源化工股份有限公司 关于召开 2023 年半年度业绩说明会的公告 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法律责任。 重要内容提示： 投资者可于 2023 年 8 月 4 日(星期五)至 8 月 10 日(星期四)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 zhangbingyang@jiahuagufen.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。 浙江嘉化能源化工股份有限公司（以下简称"公司"）已于 2023 年 8 月 4 日发布公司 2023 年半年度报告，为便于广大投资者更全面 深入地了解公司 2023 年半年度经营成果、财务状况，公司计划于 2023 年 8 月 11 日下午 13:00-14:00 举行 2023 年半年度业绩说明会，就投 资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2023 年半 年度的经营成果及财务指标的具体情况 ...

2023 年第一季度报告 浙江嘉化能源化工股份有限公司 重要内容提示 一、 主要财务数据 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------|----------|------------------|--------|------------------|-------|--------|-----------------------|-----------------------------------------------| | 项目 | 本报告期 | | 调整前 | 上年同期 | | 调整后 | 单位：元 币种：人民币 | 本报告期比 上年同期增 减变动幅度 (%) \n调整后 | | 营业收入 | | 2,325,892,999.19 | | 2,896,536,988.10 | | | 2,896,536,988.10 | -19.70 | | 归属于上市公司股东的净利润 | | 384,640,433.85 | | 583,881,036 ...

Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 5 RMB per 10 shares to all shareholders, based on the total share capital as of the dividend record date[6]. - The company has not proposed any stock bonus or capital reserve conversion to share capital, focusing solely on cash dividends[6]. - The total cash dividend amount is projected to be 870,892,187.71 RMB, which represents 54.48% of the net profit attributable to ordinary shareholders in the consolidated financial statements[185]. - The company confirmed that it meets the cash dividend policy as outlined in its articles of association, ensuring transparency and protection for minority shareholders[184]. Financial Performance - In 2022, the company's operating income reached CNY 11.50 billion, an increase of 26.90% compared to CNY 9.06 billion in 2021[22]. - The net profit attributable to shareholders decreased by 11.69% to CNY 1.60 billion in 2022 from CNY 1.81 billion in 2021[22]. - The basic earnings per share for 2022 was CNY 1.15, down 10.85% from CNY 1.29 in 2021[23]. - The total assets at the end of 2022 were CNY 12.27 billion, reflecting a 1.95% increase from CNY 12.04 billion at the end of 2021[22]. - The company reported a cash flow from operating activities of CNY 1.54 billion in 2022, a decrease of 13.57% compared to CNY 1.78 billion in 2021[22]. - The weighted average return on equity decreased to 16.88% in 2022, down 4.52 percentage points from 21.40% in 2021[23]. - The company experienced a net loss from non-operating activities of CNY 12.59 million in 2022, compared to a gain of CNY 24.98 million in 2021[26]. Risk Management and Compliance - The company reported no significant risk events during the reporting period, ensuring a stable operational environment[8]. - There are no non-operational fund occupations by controlling shareholders or related parties, indicating sound financial practices[8]. - The company has not violated any decision-making procedures regarding external guarantees, reflecting compliance with regulations[8]. - The company has outlined potential risks in its future development discussions, emphasizing the importance of investor awareness[7]. - The company has established a comprehensive internal control system to ensure compliance and protect shareholder interests[188]. - The company has not reported any significant deficiencies in its internal control during the reporting period[188]. Governance and Management - The board of directors has confirmed that all members attended the board meeting, ensuring proper governance and decision-making[4]. - The company has established a governance structure that includes a shareholders' meeting, board of directors, management team, and supervisory board, ensuring effective checks and balances[151]. - The company has approved a proposal for a share buyback plan through centralized bidding[155]. - The company has not experienced any insider trading incidents during the reporting period, maintaining the principle of fair information disclosure[151]. - The company has appointed new directors and a secretary to the board following recent resignations[166]. - The company’s board includes members with extensive experience in the chemical and energy sectors, which may benefit strategic decision-making[162][163]. Research and Development - The company implemented 51 R&D projects and applied for 18 new patents during the reporting period, enhancing its technological competitiveness[35]. - The company has applied for a total of 128 patents, with 88 patents granted, including 20 invention patents, enhancing its technological advantage[49]. - Research and development expenses increased by 16.16% to 371.27 million RMB, reflecting the company's commitment to innovation[57]. - The company has established multiple innovation platforms, including a key laboratory for hydrogen energy materials and technology in collaboration with Jiaxing University[49]. - The company is actively involved in CCUS carbon capture and hydrogen energy technology projects, aligning with national carbon neutrality goals[51]. Market and Operational Strategy - The company plans to continue expanding its market presence and invest in new technologies to enhance operational efficiency[28]. - The company is focusing on the development of hydrogen energy applications, including hydrogen storage and power generation, leveraging its own hydrogen resource advantages[43]. - The company is actively pursuing new product development in the chemical sector, particularly in hazardous chemicals production[114]. - The company plans to expand production of fatty alcohols to increase market share, leveraging its advantages in energy and logistics[122]. - The company is focusing on developing bio-oil products that meet carbon reduction and environmental requirements[122]. Environmental and Social Responsibility - The company has invested 29,790.02 million RMB in environmental protection during the reporting period[192]. - The company has implemented measures to reduce emissions and improve environmental management, aiming for a "no odor enterprise" status[52]. - The company is actively controlling emissions of waste gas, waste water, and solid waste, complying with national discharge standards[144]. - The company has been recognized as a key pollutant discharge unit by the local environmental protection department, indicating its commitment to environmental regulations[193]. - The company actively participates in social responsibility initiatives, contributing to community projects and supporting rural revitalization efforts[37]. Production and Sales - The sales revenue of fatty alcohol (acid) series products reached 3.878 billion yuan, up 31.69% year-on-year, driven by strong market demand[31]. - The sales revenue of polyvinyl chloride (PVC) products was 2.270 billion yuan, an increase of 43.99% year-on-year, despite a decline in the second half of the year[31]. - The company’s chlor-alkali business generated sales revenue of 1.425 billion yuan, reflecting a growth of 29.46% year-on-year[32]. - The company’s steam business revenue was 2.174 billion yuan, an increase of 16.11% year-on-year, benefiting from high coal prices[32]. - The company achieved a sales volume of 28.05 million tons for fatty alcohol products in 2022, exceeding the target of 25 million tons by 112.20%[138]. - The PVC sales volume reached 30.93 million tons in 2022, surpassing the planned 30 million tons by 103.10%[138]. Challenges and Market Conditions - The company operates in a challenging macroeconomic environment with rising costs and significant price fluctuations in the chemical industry due to geopolitical conflicts and inflation in major economies[40]. - The company faces potential risks from fluctuations in raw material prices and exchange rates, which could impact its financial performance[147]. - The company is adapting its procurement strategies to manage risks associated with raw material price fluctuations and export policies[122]. Future Outlook - The company provided guidance for 2023, projecting a revenue growth of 10% to 1.32 billion[160]. - New product launches are expected to contribute an additional 200 million in revenue in 2023[161]. - The company plans to invest in a new project for the construction of a 300,000 tons/year polyvinyl chloride (PVC) phase II project[155]. - The company is focusing on expanding its solar energy operations, with multiple subsidiaries engaged in solar photovoltaic power station investments and operations[112]. - The company aims to improve energy efficiency and reduce emissions through advanced technology in its combined heat and power systems[126].

重要内容提示： 投资者可于 2023 年 3 月 31 日(星期五)至 4 月 7 日(星期五)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 zhangbingyang@jiahuagufen.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。 浙江嘉化能源化工股份有限公司（以下简称"公司"）已于 2023 年 3 月 31 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 4 月 10 日下午 13:00-14:00 举行 2022 年度业绩说明会，就投资者关心的 问题进行交流。 一、说明会类型 证券代码：600273 证券简称：嘉化能源 公告编号：2023-014 浙江嘉化能源化工股份有限公司 关于召开 2022 年度业绩说明会的公告 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法律责任。 财务总监：杨军先生 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度 的经营成果及财务指标的具体情 ...

2022 年第三季度报告 证券代码：600273 证券简称：嘉化能源 浙江嘉化能源化工股份有限公司 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 1 / 14 2022 年第三季度报告 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 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------------------------------------|------------------|-------------------|--------- ...

Dividend and Financial Performance - The company plans to distribute a cash dividend of 2.5 yuan per 10 shares (including tax) to all shareholders based on the total share capital as of the dividend registration date[4]. - The company's operating revenue for the first half of 2022 reached ¥6,217,034,833.81, representing an increase of 84.61% compared to the same period last year[22]. - Net profit attributable to shareholders of the listed company was ¥1,026,442,888.13, up 44.03% year-on-year[22]. - Basic earnings per share for the first half of 2022 were ¥0.7322, an increase of 43.37% compared to the same period last year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 1.015 billion CNY, reflecting a growth of 42.95% year-on-year[68]. - The company reported a tax-adjusted net profit of CNY 983,425,971.93 for the first half of 2022, leading to a total distributable profit of CNY 4,690,056,020.75[122]. Risk Management and Compliance - There are no significant risk events reported during the reporting period, and potential risks are detailed in the management discussion section[5]. - The board of directors and management confirm the authenticity, accuracy, and completeness of the financial report[4]. - The report has not been audited, and the management is responsible for the financial report's integrity[4]. - The company does not have any non-operational fund occupation by controlling shareholders or related parties[4]. - The company has not violated decision-making procedures for external guarantees[4]. - The company emphasizes the uncertainty of future plans and development strategies, advising investors to be aware of investment risks[4]. Operational Highlights - The net cash flow from operating activities was ¥801,821,874.56, a significant increase of 299.98% compared to the previous year[22]. - The company's total assets at the end of the reporting period amounted to ¥12,544,331,455.97, reflecting a growth of 4.23% from the end of the previous year[22]. - The weighted average return on net assets increased by 2.05 percentage points to 10.85% in the reporting period[22]. - The company operates in the chemical industry, manufacturing and selling products such as fatty alcohols, PVC, and sulfuric acid, with a focus on a circular economy model[28][29]. - The company has established a strong supply chain within the Jiangsu chemical new materials park, enhancing operational efficiency through integrated production and logistics[29]. Market and Industry Trends - The global inflation trend has led to significant fluctuations in chemical raw material prices, impacting the chemical industry, but the implementation of China's "dual carbon strategy" is expected to drive high-quality development in the sector[34]. - The natural fatty alcohol market is experiencing growth opportunities due to increasing environmental awareness and the shift towards green and sustainable products, with the demand for eco-friendly detergents rising[35]. - The chemical industry faces challenges due to local COVID-19 outbreaks, but the potential for structural optimization and upgrading remains significant as the country advances towards a greener economy[34]. Environmental Initiatives - The company is committed to promoting green and low-carbon development in the cogeneration sector, aligning with national policies aimed at energy conservation and environmental protection[32]. - The company has established an OHSAS18000 occupational health and safety management system to mitigate safety production risks associated with hazardous chemicals[103]. - The company is committed to environmental protection, ensuring that pollutant emissions comply with national standards, but may face increased costs due to stricter environmental regulations[108]. - The company has implemented automatic monitoring for emissions, ensuring compliance with environmental standards[139]. - The company has established a comprehensive pollution control facility with a wastewater biochemical treatment capacity of 3000 tons per day since 2011[174]. Innovation and Technology - The company has applied for a total of 118 patents, with 80 patents granted, including 18 invention patents, ensuring a technological advantage in core industries[61]. - The company has established a key technology innovation team focused on green synthesis, enhancing its innovation capabilities[61]. - The company utilizes advanced technologies from UK DAVY and Italian DBO for its fatty alcohol and fatty acid production, respectively, which helps in reducing production costs and enhancing resource allocation[39]. Future Outlook and Strategic Plans - The company is expanding its renewable energy initiatives, including solar power generation and hydrogen energy applications, to meet growing market demands[28][29]. - The company aims to increase investment in clean energy sectors such as photovoltaics and hydrogen energy during the 14th Five-Year Plan period[80]. - Future guidance indicates a positive outlook for revenue growth, driven by increased demand and market expansion strategies[198].

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,896,536,988.10, representing a year-on-year increase of 74.04%[5] - The net profit attributable to shareholders was ¥583,881,036.16, up 71.88% compared to the same period last year[5] - The basic earnings per share (EPS) was ¥0.4165, reflecting a 75.66% increase year-on-year[5] - The net profit for the first quarter of 2022 was CNY 583,712,378.89, an increase from CNY 339,353,922.87 in the same period of 2021, representing a growth of approximately 72%[31] - Operating profit for the first quarter was CNY 687,301,667.50, up from CNY 400,346,858.89, reflecting a growth of approximately 72%[31] - Total revenue from sales of goods and services reached CNY 1,948,774,074.71, significantly higher than CNY 903,433,804.60 in the prior year, indicating an increase of around 116%[37] - The total comprehensive income for the first quarter was CNY 585,191,992.68, compared to CNY 339,353,920.39 in the previous year, reflecting a growth of about 72%[32] - The company reported investment income of CNY 8,390,908.82, significantly higher than CNY 2,861,266.82 from the previous year, indicating an increase of approximately 194%[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥12,121,957,675.28, a slight increase of 0.74% from the end of the previous year[8] - The total current assets as of March 31, 2022, were CNY 4,223,056,899.58, up from CNY 4,106,734,298.10 at the end of 2021, indicating a growth of approximately 2.8%[22] - The total liabilities as of March 31, 2022, were CNY 2,503,654,337.16, down from CNY 3,008,083,466.11 in the previous year, showing a decrease of about 16.7%[27] - The total assets as of March 31, 2022, were CNY 12,121,957,675.28, slightly up from CNY 12,032,736,474.45 at the end of 2021, reflecting a growth of approximately 0.7%[27] - The cash and cash equivalents as of March 31, 2022, were CNY 1,299,873,967.32, down from CNY 1,614,532,956.66 at the end of 2021, indicating a decrease of about 19.4%[22] - The accounts receivable increased to CNY 879,101,992.98 in Q1 2022 from CNY 713,321,948.58 in Q1 2021, representing a growth of approximately 23.3%[22] - The inventory as of March 31, 2022, was CNY 1,102,339,338.50, slightly up from CNY 1,087,716,912.71 at the end of 2021, indicating an increase of about 1.4%[22] - The long-term equity investments increased to CNY 137,228,872.13 as of March 31, 2022, compared to CNY 119,999,347.52 in the previous year, reflecting a growth of approximately 14.3%[22] Operating Costs and Expenses - The total operating costs for Q1 2022 amounted to CNY 2,218,705,761.19, compared to CNY 1,267,889,698.32 in Q1 2021, reflecting an increase of about 74.8%[29] - The total operating expenses increased to CNY 2,022,357,176.60 from CNY 1,145,249,266.52, which is an increase of about 76%[37] - The company recorded a tax expense of CNY 104,307,102.25, compared to CNY 62,063,607.99 in the previous year, representing an increase of approximately 68%[31] - Research and development expenses rose to CNY 90,644,396.41, compared to CNY 56,356,737.62 in the previous year, marking an increase of about 61%[31] Cash Flow - The net cash flow from operating activities was negative at -¥63,082,304.91, indicating a non-applicable change[5] - The cash flow from operating activities showed a net outflow of CNY -63,082,304.91, an improvement from CNY -174,245,109.66 in the same quarter of the previous year[37] - Net cash flow from investing activities was -$60.25 million, an improvement from -$105.64 million year-over-year[38] - The net cash flow from financing activities was -$168.57 million, worsening from -$43.98 million year-over-year[38] - Cash inflow from financing activities totaled $82.84 million, down from $160 million in the previous period[38] - Cash outflow for debt repayment increased to $250.01 million, compared to $199 million last year[38] - The ending cash and cash equivalents balance was $1.29 billion, significantly up from $628.05 million in the previous year[38] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,164[13] - The company's first unlock period for the employee stock ownership plan allows for the unlocking of 3,500,000 shares, which is 35% of the total shares held under the plan, representing 0.25% of the company's total share capital[18] Revenue Drivers - The increase in revenue and profit was primarily driven by the production of ethylene dichloride and polyvinyl chloride (PVC) projects[10] - The company reported non-recurring gains of ¥5,635,217.41 for the period, after accounting for tax and minority interests[9] - The weighted average return on equity (ROE) was 6.27%, an increase of 1.99 percentage points compared to the previous year[5]

Financial Performance - The company's operating revenue for 2021 was approximately ¥8.96 billion, representing a 60.87% increase compared to ¥5.57 billion in 2020[26]. - The net profit attributable to shareholders for 2021 was approximately ¥1.81 billion, a 38.69% increase from ¥1.30 billion in 2020[26]. - The net cash flow from operating activities for 2021 was approximately ¥1.78 billion, reflecting a 25.23% increase from ¥1.42 billion in 2020[26]. - The total assets at the end of 2021 were approximately ¥12.03 billion, a 21.46% increase from ¥9.91 billion at the end of 2020[26]. - The basic earnings per share for 2021 was ¥1.29, up 41.76% from ¥0.91 in 2020[26]. - The company reported a quarterly revenue of approximately ¥3.10 billion in Q4 2021, with a net profit of approximately ¥600 million[28]. - The company distributed cash dividends totaling 420.58 million yuan for the year, accounting for 42.64% of the net profit attributable to shareholders[33]. - The company achieved total operating revenue of 8.957 billion yuan and a net profit attributable to shareholders of 1.808 billion yuan, representing a year-on-year increase of 38.69%[35]. Risk Management - The company reported no significant risk events during the reporting period, ensuring a stable operational environment[7]. - The company has outlined potential risks in its future development strategy, which investors should be aware of[7]. - There are no violations of decision-making procedures regarding external guarantees[7]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[7]. Governance and Compliance - The audit report issued by Lixin Certified Public Accountants confirmed the financial report's authenticity and completeness[6]. - The management team has committed to the accuracy and completeness of the financial report[6]. - All board members attended the board meeting, ensuring full participation in decision-making[5]. - The company has established a robust governance structure to ensure compliance with legal and regulatory requirements, enhancing operational integrity[192]. - The company is committed to maintaining effective internal controls and has not experienced any insider trading incidents during the reporting period, ensuring fair information disclosure[192]. Research and Development - In 2021, the company implemented 41 R&D projects and received approval for 26 new products from the Zhejiang Provincial Economic and Information Technology Department, with 5 projects passing acceptance tests[42]. - The company has applied for a total of 111 patents, with 70 granted, including 18 invention patents, enhancing its technological advantage[66]. - The total R&D investment accounted for 3.57% of total revenue[92]. - Research and development expenses increased by 50.55% to 319.62 million RMB, reflecting the company's commitment to innovation[74]. Market Expansion and Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[26]. - The company is focusing on the development of new materials and emerging energy technologies, with a dedicated research institute established for this purpose[151]. - The company plans to expand its PVC project, which has recently commenced production, contributing to revenue growth[80]. - The company aims to enhance its photovoltaic industry scale and invest in high-quality distributed photovoltaic power stations, leveraging digital opportunities in smart operations and energy management[168]. Social Responsibility - The company has been actively involved in social responsibility initiatives, including disaster relief donations and support for poverty alleviation projects[48]. Production and Operations - The company operates in the chemical industry, producing a range of products including fatty alcohols, PVC, steam, caustic soda, and sulfuric acid, with a focus on circular economy and resource efficiency[56]. - The company has established a circular economy model within the China Chemical New Materials (Jiaxing) Park, enhancing its competitive advantage through integrated supply chains and resource sharing[59]. - The company’s steam production is a core part of its operations, supporting both its own needs and those of the surrounding enterprises in the park[57]. - The company has established a continuous sulfonation production line, making it the largest producer of sulfonated pharmaceutical products in the industry, with proprietary technology at an internationally advanced level[108]. Environmental Management - The company has improved its environmental management system, aiming to reduce emissions and enhance its green development advantages[68]. - The company is actively exploring carbon capture, utilization, and storage (CCUS) technologies, aiming to maximize social and economic benefits while adhering to green low-carbon development[169]. Supply Chain and Procurement - The company reported a significant increase in the cost of raw materials, which rose by 82.85% compared to the previous year[82]. - The company is actively managing raw material price volatility by closely monitoring market trends and optimizing procurement timing, alongside enhancing cost control measures to mitigate adverse impacts[188]. Leadership and Management - The total number of shares held by the board members at the end of the reporting period was 11,632,089, with an increase of 3,000 shares during the year[199]. - The company has maintained a consistent leadership structure with no significant turnover among key executives[197].