被担保人名称：公司全资子公司浙江鸿盛化工有限公司（以下简称"浙 江鸿盛"）、浙江安诺芳胺化学品有限公司（以下简称"浙江安诺"）和绍兴市上 虞金冠化工有限公司（以下简称"绍兴金冠"）。 本次担保金额及已实际为其提供的担保余额：公司本次为浙江鸿盛提供 最高额保证，其中在光大银行担保的主债权最高本金余额为人民币 2.5 亿元，在 工商银行担保的最高债权额为人民币 7 亿元；为浙江安诺提供最高额保证，担保 最高债权额为人民币 3.8 亿元；为绍兴金冠提供最高额保证，担保最高债权额为 人民币 4.3 亿元。截至 2023 年 8 月 10 日，公司实际为浙江鸿盛提供担保余额共 计人民币 23.37 亿元，为浙江安诺提供担保余额共计人民币 4.95 亿元，为绍兴 金冠提供担保余额共计人民币 5.61 亿元，上述担保均在股东大会核定的担保额 度范围内。 上述担保均无反担保。 公司不存在逾期担保的情况。 证券代码：600352 证券简称：浙江龙盛 公告编号：2023-037 号 浙江龙盛集团股份有限公司 关于为全资子公司提供担保的公告 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 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥3,748,527,750.79, representing a decrease of 16.80% compared to the same period last year[4] - The net profit attributable to shareholders was ¥343,678,131.76, down 26.81% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥226,692,945.76, a decline of 59.08% compared to the previous year[4] - The company's basic and diluted earnings per share were both ¥0.1089, reflecting a decrease of 24.53% year-on-year[4] - The weighted average return on equity was 1.06%, down by 0.48 percentage points compared to the previous year[4] - Net profit for Q1 2023 was CNY 384,266,803.05, a decline of 29.4% from CNY 544,334,763.28 in Q1 2022[16] - The comprehensive income for Q1 2023 was ¥268,109,395.58, compared to ¥159,144,734.23 in Q1 2022, showing an increase of 68.5%[23] Cash Flow - The net cash flow from operating activities increased significantly by 623.97%, amounting to ¥1,520,648,057.45[4] - In Q1 2023, the company reported a net cash flow from operating activities of CNY 1,520,648,057.45, a significant increase from CNY 210,044,046.67 in Q1 2022, representing a growth of approximately 624%[17] - Total cash inflow from operating activities reached CNY 6,249,345,145.32, compared to CNY 4,420,875,213.08 in the same period last year, marking an increase of about 41.3%[17] - The company’s cash inflow from investment activities was CNY 296,170,858.98, compared to CNY 233,092,376.34 in Q1 2022, showing an increase of about 27.0%[18] - The net cash flow from investment activities was ¥80,281,370.51, recovering from a negative cash flow of -¥511,435,126.43 in Q1 2022, showcasing improved investment returns[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥68,110,636,144.73, an increase of 4.53% from the end of the previous year[5] - The total assets increased to CNY 68,110,636,144.73 in Q1 2023 from CNY 65,161,739,457.60 in Q1 2022, reflecting a growth of 4.5%[14] - The total liabilities increased to CNY 33,083,470,506.44 in Q1 2023 from CNY 30,403,629,011.67 in Q1 2022, representing an increase of 8.8%[14] - The total liabilities decreased to CNY 23,367,284,275.24 from CNY 24,201,065,124.80, showing a reduction of approximately 3%[13] - The total liabilities to equity ratio was approximately 4.07 in Q1 2023, compared to 3.75 in Q1 2022, indicating increased leverage[21] Equity and Investments - The equity attributable to shareholders increased slightly by 0.69% to ¥32,387,761,453.91 compared to the end of last year[5] - The total equity attributable to shareholders of the parent company rose to CNY 32,387,761,453.91 in Q1 2023, up from CNY 32,166,710,058.29 in Q1 2022, an increase of 0.7%[14] - The long-term equity investments were valued at CNY 2,016,979,516.62, down from CNY 2,141,125,749.13, representing a decline of approximately 6%[13] Expenses - Research and development expenses for Q1 2023 were CNY 146,724,345.21, a decrease of 15.2% from CNY 172,976,678.20 in Q1 2022[15] - Financial expenses increased to CNY 102,103,838.37 in Q1 2023, compared to CNY 76,639,521.37 in Q1 2022, marking an increase of 33.2%[15] - The financial expenses in Q1 2023 were ¥69,836,228.29, significantly higher than ¥28,118,661.58 in Q1 2022, indicating an increase of 148.5%[22] Inventory and Receivables - The company's inventory stood at CNY 28,617,753,736.10, slightly down from CNY 28,648,522,837.86, indicating a decrease of about 0.1%[12] - Accounts receivable increased to CNY 2,798,438,924.32 from CNY 2,271,965,047.68, reflecting a growth of approximately 23%[12]

Financial Performance - The company's operating revenue for 2022 was CNY 21,225,642,671.37, representing a 27.41% increase compared to CNY 16,659,819,623.52 in 2021[15]. - Net profit attributable to shareholders for 2022 was CNY 3,003,132,773.22, a decrease of 10.99% from CNY 3,373,965,680.06 in 2021[15]. - The net profit after deducting non-recurring gains and losses was CNY 2,758,641,690.12, which is a 16.59% increase from CNY 2,366,027,185.29 in 2021[15]. - The net cash flow from operating activities decreased by 79.58% to CNY 955,938,154.82 from CNY 4,681,061,864.70 in 2021[15]. - The company's total assets at the end of 2022 were CNY 65,161,739,457.60, a slight decrease of 0.86% from CNY 65,726,507,288.30 in 2021[15]. - Basic earnings per share for 2022 were CNY 0.9357, down 10.27% from CNY 1.0428 in 2021[16]. - The weighted average return on net assets for 2022 was 9.61%, a decrease of 2.03 percentage points from 11.64% in 2021[16]. - Total profit amounted to 3.998 billion yuan, a decrease of 7.00% year-on-year[28]. - Net profit attributable to shareholders was 3.003 billion yuan, down 10.99% year-on-year[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 2.759 billion yuan, an increase of 16.59% year-on-year[28]. - Total revenue for 2022 is 22.002 billion CNY, an increase of 32.07% compared to the previous year[126]. - Total profit for 2022 is 5.31 billion CNY, reflecting a growth of 23.51% year-over-year[126]. - Net profit attributable to shareholders is 4.25 billion CNY, up by 25.96% from the previous year[126]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 2.50 CNY per 10 shares, totaling an undistributed profit of 1,503,624,615.60 CNY as of December 31, 2022[3]. - The cumulative undistributed profits will be carried forward to the next fiscal year, with no capital reserve fund to be converted into share capital[3]. - The company declared a cash dividend of 2.50 RMB per 10 shares, totaling 788,932,962.75 RMB, which represents 26.27% of the net profit attributable to ordinary shareholders in the consolidated financial statements[133]. - The total amount of cash dividends, including share repurchases, reached 1,774,895,091.18 RMB, accounting for 59.10% of the net profit attributable to ordinary shareholders[133]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[2]. - The board of directors and supervisory board members have all attended the board meeting, ensuring the integrity of the annual report[2]. - The company has confirmed that all directors can guarantee the authenticity, accuracy, and completeness of the annual report[4]. - The company has not violated any decision-making procedures regarding external guarantees[4]. - The company reported no significant risks that could materially affect its production and operations during the reporting period[5]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[4]. - The company has established a comprehensive internal control system, which was evaluated in the 2022 annual internal control evaluation report[96]. - The company received a standard unqualified opinion on its internal control audit for the fiscal year 2022, confirming effective financial reporting controls[141]. Research and Development - The company holds nearly 1,900 domestic and international patents, supporting its strong R&D capabilities[26]. - The company aims to enhance its product line through continuous internal R&D and external acquisitions[26]. - Research and development expenses rose by 8.72% to ¥709,411,015.68, attributed to increased investment in materials and energy for R&D[29]. - The number of R&D personnel is 546, making up 8.25% of the total workforce[45]. - Zhejiang Longsheng is investing 200 million RMB in R&D for innovative dyeing technologies over the next two years[113]. Environmental Responsibility - The company has invested 57,078.48 million RMB in environmental protection during the reporting period[142]. - The company reported a total wastewater discharge of 2,776,299 tons during the reporting period, with COD concentration ranging from 0.84 to 94.48 mg/L, totaling 203.034 tons of COD discharged[144]. - The company generated 66,675.04 tons of general solid waste and 24,096.42 tons of hazardous solid waste, all disposed of legally and compliantly[144]. - The company’s wastewater discharge met the annual requirements of 4,576,160 tons and COD and ammonia nitrogen limits of 338.093 tons and 51.147 tons respectively[144]. - The company has implemented measures to ensure that all emissions from its facilities are treated to meet environmental standards before being released into the atmosphere[143]. - The company has established various pollution control facilities, including a 15,000 tons/day wastewater treatment facility and a 3,000 tons/day wastewater treatment facility, ensuring zero accidents in environmental governance[145]. - The company has published its 2022 Corporate Social Responsibility Report, detailing its efforts in sustainability and community engagement[150]. Market Strategy and Expansion - The company plans to focus on expanding its market presence in both domestic and international regions, including key areas in Germany, the USA, and Brazil[33]. - The company aims to achieve a green and low-carbon transformation in the chemical industry during the 14th Five-Year Plan period, in line with national carbon peak goals[54]. - The company is focusing on new product development and technological advancements to drive future growth[85]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2025[113]. - The company is committed to enhancing its core competitiveness through innovation-driven development strategies and sustainable practices[54]. Legal and Governance Issues - The company is currently involved in a significant lawsuit regarding patent infringement, with a claim for economic damages of RMB 230 million[157]. - The court ruled that the company must pay RMB 14 million in damages and additional costs related to the patent infringement case[157]. - The company has faced multiple legal challenges, including an ongoing appeal regarding the valuation of the aforementioned stake[158]. - The company has established a legal framework to ensure the independence of its operations from its controlling shareholders[98]. - The company has established specialized committees, including the audit committee and the strategic committee, to enhance governance and oversight[121]. Shareholder Information - The total number of shares held by the chairman and general manager remained unchanged at 346,321,538 shares, with a pre-tax remuneration of 412.43 million yuan[104]. - The total number of shares held by the vice general manager and board secretary also remained unchanged at 4,891,467 shares, with a pre-tax remuneration of 123.31 million yuan[104]. - The total number of shares held by the financial director remained unchanged at 0 shares, with a pre-tax remuneration of 131.31 million yuan[104]. - The total number of shares held by the deputy general manager remained unchanged at 3,306,329 shares, with a pre-tax remuneration of 160.76 million yuan[104]. - The total number of shares held by the independent directors remained unchanged at 0 shares, with a pre-tax remuneration of 12.00 million yuan each[104]. - The total number of shares held by the supervisory board chairman remained unchanged at 0 shares, with a pre-tax remuneration of 29.51 million yuan[104]. - The total number of shares held by the employee representative supervisor remained unchanged at 0 shares, with a pre-tax remuneration of 3.43 million yuan[104]. - The total number of shares held by the company’s directors and supervisors at the end of the reporting period was 392,332,236 shares, with a total pre-tax remuneration of 1,435.70 million yuan[104]. Debt and Financing - The company has issued a total of 20 billion RMB in corporate bonds, with interest rates ranging from 2.90% to 3.95%[186]. - The company completed interest payments for its bonds on various dates in 2022, including the first phase on March 3, 2022, and the second phase on April 21, 2022[188]. - The company has issued multiple short-term financing bonds in 2022, with amounts ranging from RMB 2.5 billion to RMB 5 billion, all of which have been repaid on schedule[194]. - The company has issued a total of RMB 8.00 billion in the first phase of 2023 short-term financing bonds, with a repayment date set for August 25, 2023[193]. - The company has no overdue bonds reported, indicating a stable debt repayment status[193].

证券代码：600352 证券简称：浙江龙盛 公告编号：2023-020 号 浙江龙盛集团股份有限公司 关于在网上举办 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个别及连带责任。 重要内容提示： 1、会议召开时间：2023 年 4 月 21 日下午 15:00—17:00 2、会议召开网址：公司网站（https://www.longsheng.com） 3、会议召开方式：网络平台在线交流 4、投资者可在 2023 年 4 月 21 日 15:00 前通过本公告后附的电话 （0575-82048616）、传真（0575-82041589）或者电子邮件（stock@lonsen.com） 方式联系公司，提出所关注的问题，也可在公司"互动平台"上先提出所关注的 问题，公司将在说明会上选择投资者普遍关注的问题进行回答。 一、说明会类型 公司已于 2023 年 4 月 15 日披露《2022 年年度报告》（刊登在《上海证券报》、 《证券时报》和《证券日报》及上海证券交易所网站）。根据《上海证券交易所 上市公司自律 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥4,347,560,357.18, representing a year-over-year increase of 4.68%[4] - The net profit attributable to shareholders for Q3 2022 was ¥300,464,644.24, a decrease of 37.65% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥497,974,268.18, down 11.70% year-over-year[4] - Basic earnings per share for Q3 2022 were ¥0.0960, a decrease of 34.38% from the same period last year[6] - Total operating revenue for the first three quarters of 2022 reached ¥13,422,256,125.18, an increase of 6.8% compared to ¥12,566,191,878.76 in the same period of 2021[18] - Net profit for the first three quarters of 2022 was ¥1,958,350,533.04, a decrease of 39.4% from ¥3,233,767,062.17 in 2021[19] - The company's earnings per share for the first three quarters was ¥0.5347, down from ¥0.9308 in the same period of 2021[19] - The comprehensive income for the period was reported at ¥576.03 million, down from ¥946.35 million, a decrease of about 39.1%[26] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,231,201,344.78, reflecting a significant decline of 68.13% compared to the previous year[4] - In the first three quarters of 2022, the net cash flow from operating activities was ¥882,867,808.27, a decrease of 55.2% compared to ¥1,968,735,460.06 in the same period of 2021[27] - Total cash inflow from operating activities was ¥8,346,005,966.62, down 63.4% from ¥22,768,873,189.71 year-on-year[27] - The cash flow from sales of goods and services was ¥1,676,383,419.80, a decline from ¥1,993,665,517.14 in the previous year[27] - The cash inflow from financing activities totaled ¥9,030,000,000.00, a decrease of 22.0% compared to ¥11,583,000,000.00 in the same period last year[27] - The net cash flow from financing activities was ¥568,119,667.32, down 77.0% from ¥2,466,400,155.29 in 2021[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥69,910,138,771.75, an increase of 6.37% from the end of the previous year[6] - The total current liabilities increased significantly to CNY 30.97 billion from CNY 23.12 billion, which is an increase of approximately 33.5%[16] - The company's total liabilities increased to ¥36,426,282,739.74, compared to ¥32,768,896,745.96 in the previous year, reflecting a growth of 11.1%[17] - The total equity attributable to shareholders of the parent company rose to ¥31,178,896,349.16, up from ¥30,363,837,288.07, marking an increase of 2.7%[17] - The total equity decreased to ¥6.68 billion from ¥7.81 billion, reflecting a decline of about 14.4%[24] Research and Development - The company has ongoing research and development efforts focused on new products and technologies, although specific figures were not disclosed in the report[12] - Research and development expenses for the first three quarters were ¥544,269,033.83, slightly higher than ¥520,048,088.37 in the same period last year[18] - Research and development expenses remained stable at ¥66.42 million, compared to ¥66.05 million in the previous year, indicating a commitment to innovation[25] Market Outlook and Strategy - Future outlook includes plans for market expansion and potential mergers and acquisitions to enhance growth opportunities[12] - The company has a strong shareholder base, with the top two shareholders holding a combined 22.63% of the shares, indicating a stable ownership structure[12] Operational Challenges - The company reported a significant decline in net profit for the year-to-date period, down 42.61% due to decreased investment fair value and equity investment income[9] - The company experienced a decrease in gross profit margin for dye and intermediate businesses due to rising raw material costs[9] - Non-recurring losses for the reporting period included a loss of ¥365,381,828.51 related to ineffective hedging[7]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 9,074,695,768, representing a 7.87% increase compared to CNY 8,412,907,423 in the same period last year[14]. - The net profit attributable to shareholders of the listed company decreased by 43.56% to CNY 1,424,746,844.43 from CNY 2,524,206,667.89 in the previous year[14]. - The net cash flow from operating activities dropped significantly by 96.60% to CNY 118,056,355.62, compared to CNY 3,471,409,047.37 in the same period last year[14]. - Basic earnings per share decreased by 44.08% to CNY 0.4387 from CNY 0.7845 in the same period last year[16]. - The weighted average return on net assets fell by 4.17 percentage points to 4.60% from 8.77% in the previous year[16]. - Operating profit decreased by 38.60% to 192,283,010.00 RMB, while net profit attributable to shareholders fell by 43.56% to 142,474,680.00 RMB[25]. - The net profit attributable to shareholders decreased due to rising raw material costs and declining product prices, resulting in reduced sales profits[17]. - The net cash flow from operating activities declined primarily due to increased payments for raw materials compared to the same period last year[17]. Assets and Liabilities - The total assets increased by 6.51% to CNY 70,005,786,013.71 from CNY 65,726,507,288.30 at the end of the previous year[15]. - The total liabilities increased to ¥36,705,348,670.73 from ¥32,768,896,745.96, which is an increase of around 12.0%[82]. - The total equity attributable to shareholders increased to ¥30,650,109,406.49 from ¥30,363,837,288.07, showing a growth of approximately 0.9%[83]. - The debt-to-asset ratio increased by 2.58 percentage points to 52.43% compared to the end of the previous year[79]. - The total liabilities to equity ratio increased to approximately 1.21 from 0.99, indicating a higher leverage position[82]. Cash Flow - The company's cash flow from operating activities saw a significant decline of 96.60%, amounting to 118,056,355.62 RMB[25]. - The company reported a total cash inflow from operating activities of CNY 8,824,963,573.22, down 22.2% from CNY 11,334,305,265.74 in the first half of 2021[89]. - The cash inflow from financing activities totaled CNY 8,826,587,871.76, down from CNY 11,140,630,273.45 in the first half of 2021[89]. - The net cash flow from financing activities was CNY 527,157,174.32, down from CNY 2,324,304,969.22 in the first half of 2021, representing a decline of approximately 77%[91]. Investments and Subsidiaries - The company holds nearly 1,900 patents, supporting its strong R&D capabilities for high-end market product development[23]. - The intermediate products business remains a major profit source, with global dye sales reaching 124,300 tons and intermediate sales at 42,500 tons[24]. - The company is focusing on expanding its market presence through strategic investments in various sectors, including chemicals and real estate[35]. - Zhejiang Longsheng reported a total investment of CNY 5,114,108,662.22 with a net profit of CNY 71,884,058.61 for the reporting period[34]. - The company has significant investments in various entities, including CNY 303 million in Hangzhou Hanzhi Investment Partnership and CNY 500 million in Sanya Changze Hongji Venture Capital[32]. Environmental and Safety Initiatives - The company has implemented a "zero emissions" management concept and is actively engaged in pollution reduction and carbon reduction initiatives[23]. - The company operates 10 key pollutant discharge units, with a total of 143 emission outlets for major pollutants including sulfur dioxide, nitrogen oxides, and particulate matter[44]. - The company has established a wastewater treatment facility with a capacity of 15,000 tons/day and a 3,000 tons/day facility for treating wastewater[46]. - The company has upgraded its pollution control systems to achieve zero accidents in environmental protection and has implemented intelligent upgrades for all waste gas treatment devices[46]. Legal and Compliance - The company has not reported any significant litigation or arbitration matters during the reporting period[56]. - The company and its subsidiaries are involved in ongoing legal disputes, including a patent infringement case where the court ordered compensation of RMB 14 million and additional costs totaling RMB 930,444[57]. - The company has committed to not engaging in competitive activities that conflict with its business operations, ensuring compliance with its commitments[54]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 190,113[67]. - The top ten shareholders hold a total of 1,042,000,000 shares, representing 31.73% of the total shares[68]. - The largest shareholder, Ruan Shuilong, holds 389,653,992 shares, accounting for 11.98% of the total shares[68]. - The company plans to repurchase shares with a total fund not less than 500 million RMB and not exceeding 1 billion RMB, with the repurchase period from April 26, 2022, to October 25, 2022[65]. Accounting Policies - The financial statements comply with the requirements of the enterprise accounting standards, accurately reflecting the company's financial position and operating results[107]. - The company recognizes financial assets and liabilities at fair value upon initial recognition, with subsequent measurement based on their classification[116]. - The company assesses credit risk for financial instruments at each balance sheet date, determining if there has been a significant increase in credit risk since initial recognition[118]. - The company recognizes deferred tax assets and liabilities based on the difference between the book value of assets and liabilities and their tax bases, calculated at applicable tax rates[155].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 4,505,491,469.30, representing a year-on-year increase of 7.93%[4] - The net profit attributable to shareholders of the listed company was RMB 469,598,326.65, showing a significant decrease of 56.06% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 554,054,767.51, down by 27.87% year-on-year[4] - The basic earnings per share for the period was RMB 0.1443, a decrease of 56.56% year-on-year[4] - The weighted average return on net assets was 1.54%, down by 2.24 percentage points compared to the previous year[4] - Net profit for Q1 2022 was CNY 544,334,763.28, a decrease of 51.7% from CNY 1,128,612,061.09 in Q1 2021[17] - The net profit attributable to shareholders of the parent company was CNY 469,598,326.65, down 56.0% from CNY 1,068,791,971.38 in Q1 2021[17] - Basic earnings per share for Q1 2022 were CNY 0.1443, compared to CNY 0.3322 in Q1 2021[17] Cash Flow and Liquidity - The net cash flow from operating activities was RMB 210,044,046.67, a decline of 37.77% compared to the previous year[4] - In Q1 2022, Zhejiang Longsheng reported operating cash inflow of CNY 4,420,875,213.08, an increase from CNY 4,215,408,758.09 in Q1 2021, representing a growth of 4.87%[18] - The net cash flow from operating activities decreased to CNY 210,044,046.67 in Q1 2022, down from CNY 337,532,600.65 in Q1 2021, a decline of 37.73%[18] - Cash outflow from investment activities was CNY 292,302,201.82 in Q1 2022, significantly lower than CNY 2,509,441,383.40 in Q1 2021, indicating a reduction of 88.38%[19] - The net cash flow from financing activities in Q1 2022 was negative CNY 150,284,343.37, compared to a positive CNY 1,256,444,796.33 in Q1 2021, marking a substantial decrease[19] - The total cash and cash equivalents at the end of Q1 2022 stood at CNY 6,498,343,780.35, slightly down from CNY 5,844,870,139.65 at the end of Q1 2021[19] Assets and Liabilities - The total assets at the end of the reporting period were RMB 66,341,430,053.29, reflecting a slight increase of 0.94% from the end of the previous year[5] - The total liabilities reached approximately RMB 23.32 billion, up from RMB 23.12 billion, reflecting an increase of around 0.87%[14] - Total liabilities amounted to CNY 32,927,090,156.94, an increase from CNY 32,768,896,745.96 in the previous quarter[16] - Total equity increased to CNY 33,414,339,896.35 from CNY 32,957,610,542.34 in the previous quarter[16] - The company reported a total equity of approximately RMB 43.02 billion, up from RMB 42.60 billion, indicating a growth of about 0.98%[14] Operational Efficiency - The company reported a significant decrease in operating profit margin, primarily due to rising raw material procurement costs compared to the previous year[8] - Total operating costs for Q1 2022 were CNY 3,783,129,304.41, up 16.5% from CNY 3,247,127,330.61 in Q1 2021[16] - Cash paid for purchasing goods and services increased to CNY 2,610,227,870.84 in Q1 2022, up from CNY 1,879,837,796.35 in Q1 2021, an increase of 38.87%[18] Investments and Future Outlook - The company has ongoing investments in new technologies and product development, although specific figures were not disclosed in the report[13] - Future outlook includes plans for market expansion and potential mergers and acquisitions to enhance growth opportunities[13]

Financial Performance - The company's operating revenue for 2021 was CNY 16.66 billion, a 6.76% increase from CNY 15.61 billion in 2020[18]. - The net profit attributable to shareholders for 2021 was CNY 3.37 billion, a decrease of 19.21% compared to CNY 4.18 billion in 2020[18]. - The total net assets attributable to shareholders increased by 9.51% to CNY 30.36 billion at the end of 2021 from CNY 27.73 billion at the end of 2020[18]. - The company's net profit attributable to shareholders decreased by 19.21% to CNY 337,396,570[32]. - Total revenue for the year was 1,000,000 million RMB, with a year-on-year increase of 19.54% in inorganic products revenue[42]. - Total revenue for 2021 reached 19.05 billion CNY, an increase of 22.07% compared to the previous year[124]. - Total profit amounted to 6.17 billion CNY, reflecting a growth of 17.26% year-over-year[124]. - Net profit attributable to shareholders was 5.04 billion CNY, up by 20.56% from the previous year[124]. Cash Flow and Investments - The net cash flow from operating activities increased by 68.32% to CNY 4.68 billion in 2021 from CNY 2.78 billion in 2020[18]. - Total cash inflow from operating activities reached CNY 20,655,305,071.80, a 20.94% increase compared to CNY 17,079,092,663.67 in the same period last year[50]. - Total cash outflow from investment activities was CNY 6,864,678,655.93, a dramatic increase of 191.34% compared to CNY 2,356,269,143.32 in the previous year[50]. - Total cash inflow from financing activities was CNY 19,887,260,802.28, an 88.89% increase from CNY 10,528,752,000.00 year-on-year[50]. - The company invested CNY 383,028.46 million during the reporting period, representing a 113.53% increase compared to the previous year's investment of CNY 179,380.50 million[90]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 2.50 yuan per 10 shares (including tax) based on the total share capital as of the dividend distribution date, with a total undistributed profit of 1,652,145,177.25 yuan as of December 31, 2021[4]. - The company implemented a cash dividend policy, distributing 0.25 CNY per share (pre-tax) for the 2020 fiscal year[130]. - The total number of shares held by the company increased from 388,788,536 at the beginning of the year to 391,788,536 at the end of the year, reflecting a net increase of 3,000,000 shares[109]. Risk Management - The company reported no significant risks that could materially affect its production and operations during the reporting period[6]. - The company has detailed various risks and countermeasures in its report, ensuring transparency in its operational challenges[6]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders and their related parties[5]. - The company has not faced any significant safety production accidents or major environmental violations during the reporting period[89]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[3]. - The board of directors and supervisory board members have all attended the board meeting, ensuring the authenticity and completeness of the annual report[2]. - The company has not violated any decision-making procedures in providing guarantees to external parties[5]. - A total of 49 temporary announcements and four periodic reports were disclosed during the reporting period, enhancing transparency[102]. Research and Development - The company’s R&D expenses were CNY 652,528,853.02, a decrease of 7.37% compared to the previous year[33]. - The number of R&D personnel was 545, representing 6.99% of the total workforce[49]. - The company is focusing on expanding its product line through internal R&D and external acquisitions to enhance its market position[31]. - The company has established a comprehensive innovation platform and is accelerating the construction of a specialized research institute to enhance new business development[62]. Environmental and Social Responsibility - The company invested 9.0248 million yuan in poverty alleviation efforts, focusing on various charitable projects and support for impoverished students and disabled individuals[152]. - The company has upgraded its pollution control facilities, including the installation of an RTO for VOCs online monitoring and a new three-level alkaline spray + ozone generator for exhaust gas treatment[144]. - The company achieved compliance with wastewater discharge standards, with ammonia nitrogen cumulative discharge of 2.84 tons, meeting the annual requirements of 53.03 tons[143]. Governance and Management - The company has established an independent personnel management department responsible for labor, personnel, and salary management, ensuring complete independence in recruitment and management[104]. - The company has a governance structure with a clear separation of powers among the shareholders' meeting, board of directors, supervisory board, and management team, ensuring no interference from controlling shareholders[104]. - The company has implemented a transparent performance evaluation and incentive mechanism for its executives, ensuring compliance with regulations[102]. Market Position and Strategy - The company maintained its leading position in the dye industry, with China's dye production accounting for over 70% of global output[27]. - The company is focusing on integrating innovation and sustainable development to enhance its competitive edge in the chemical industry[62]. - The company is exploring potential mergers and acquisitions to strengthen its market position[110]. - The company aims to expand its aniline production capacity to 100,000 tons per year and phenol production capacity to 50,000 tons per year[98].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 4,153,284,455.28, representing a year-on-year increase of 12.24%[4] - The net profit attributable to shareholders for Q3 2021 was CNY 481,902,020.53, a decrease of 45.91% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 563,959,123.53, an increase of 4.94% year-on-year[4] - The basic earnings per share for Q3 2021 was CNY 0.1463, down 48.25% from the previous year[4] - Total operating revenue for the first three quarters of 2021 reached ¥12,566,191,878.76, an increase of 11.3% compared to ¥11,295,015,678.49 in the same period of 2020[16] - Net profit for the first three quarters of 2021 was ¥3,233,767,062.17, slightly up from ¥3,217,116,880.81 in the previous year, reflecting a growth of 0.5%[17] - Total comprehensive income for Q3 2021 was ¥3,024,253,209.68, compared to ¥2,937,689,812.58 in Q3 2020, reflecting an increase of 2.9%[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 65,494,064,289.64, an increase of 16.30% compared to the end of the previous year[5] - The total liabilities increased to CNY 32.79 billion from CNY 26.23 billion, reflecting a rise of approximately 24.5%[14] - As of September 30, 2021, the total assets of Zhejiang Longsheng amounted to CNY 65.49 billion, an increase from CNY 56.31 billion at the end of 2020, representing a growth of approximately 16.5%[12] - The total assets amounted to 56,314,538,994.82 CNY, a slight decrease from 56,537,377,542.14 CNY[22] - The total liabilities were reported at 26,234,696,042.29 CNY, down from 26,457,534,589.61 CNY[23] Shareholder Equity - The equity attributable to shareholders at the end of the reporting period was CNY 30,212,479,438.90, reflecting an increase of 8.97% year-on-year[5] - The total equity attributable to shareholders increased to CNY 30.21 billion from CNY 27.73 billion, representing a growth of about 9.0%[15] - Total equity attributable to shareholders reached CNY 27,726,122,766.44, with minority interests at CNY 2,353,720,186.09, resulting in total equity of CNY 30,079,842,952.53[24] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 3,863,615,315.72, showing an increase of 89.12% compared to the same period last year[8] - Cash flow from operating activities for the first three quarters of 2021 was ¥3,863,615,315.72, significantly higher than ¥2,042,912,329.54 in the same period of 2020, marking an increase of 89.0%[19] - The net cash flow from investment activities was -3,173,726,771.49 CNY, a significant decrease compared to -538,418,840.17 CNY in the previous year[20] - Total cash inflow from financing activities reached 14,635,979,833.79 CNY, up from 7,170,255,932.24 CNY year-over-year[20] - The net cash flow from financing activities was 155,783,504.35 CNY, a recovery from -425,865,223.66 CNY in the same period last year[20] Inventory and Receivables - The company's inventory as of September 30, 2021, was CNY 27.62 billion, compared to CNY 23.85 billion at the end of 2020, which is an increase of approximately 15.5%[13] - The accounts receivable rose to CNY 3.09 billion from CNY 2.25 billion, showing a growth of about 37.5%[13] - The company reported a significant increase in contract liabilities, which reached CNY 4.92 billion, compared to CNY 1.24 billion in the previous year, indicating a growth of approximately 296%[14] Expenses and Income - Total operating costs increased to ¥9,852,776,127.50, up 13.1% from ¥8,706,241,597.01 year-over-year[16] - Research and development expenses for the first three quarters of 2021 totaled ¥520,048,088.37, up from ¥490,732,255.44 in the previous year, indicating a growth of 5.9%[16] - Investment income for the first three quarters of 2021 was ¥693,242,063.71, a substantial increase from ¥288,958,023.66 in the same period of 2020, representing a growth of 140.0%[17] - The company reported a decrease in tax expenses to ¥570,116,605.04 in Q3 2021 from ¥800,077,016.94 in Q3 2020, a reduction of 28.7%[17] Financial Adjustments and Standards - The company implemented new leasing standards effective January 1, 2021, impacting financial statement adjustments[24] - The total adjustments related to liabilities and equity were CNY 222,838,547.32, reflecting changes due to the new leasing standards[24] - Other comprehensive income was reported at -CNY 319,399,829.91, suggesting a negative impact on overall equity[24]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 8,412,907,423.48, representing a 10.77% increase compared to CNY 7,594,708,189.00 in the same period last year[15]. - Net profit attributable to shareholders for the first half of 2021 was CNY 2,524,206,667.89, an increase of 11.24% from CNY 2,269,226,173.03 in the previous year[15]. - The net cash flow from operating activities reached CNY 3,471,409,047.37, showing a significant increase of 81.27% compared to CNY 1,915,033,730.28 in the same period last year[15]. - The total assets of the company at the end of the reporting period were CNY 68,503,004,911.25, which is a 21.64% increase from CNY 56,314,538,994.82 at the end of the previous year[15]. - The net assets attributable to shareholders increased to CNY 29,693,731,364.49, reflecting a 7.10% growth from CNY 27,726,122,766.44 at the end of the previous year[15]. - Basic earnings per share for the first half of 2021 were CNY 0.7845, up 9.86% from CNY 0.7141 in the same period last year[16]. - The weighted average return on equity was 8.77%, a slight decrease of 0.13 percentage points compared to 8.90% in the previous year[16]. Investment and Expansion - The company plans to continue expanding its product line through internal R&D investments and external acquisitions to become a world-class specialty chemical production service provider[23]. - The company reported a significant increase in investment activities, with a total investment of 2.24 billion RMB, up 575.15% from the previous year[34]. - The company is focusing on the Huaxing New City project in Shanghai, aiming to commence construction by the end of this year[24]. - The company plans to enhance its intermediate products' competitiveness by integrating digital solutions and leveraging existing R&D platforms[24]. Environmental and Safety Management - The company has implemented a sustainable safety management system, transitioning from strict regulation to self-management in safety production[23]. - The company has established a circular economy industrial park in Zhejiang, focusing on "zero emissions" management and continuous innovation in energy conservation and environmental protection[23]. - The company has implemented advanced pollution control technologies, including ozone treatment for nitrification waste gas and high-efficiency catalytic oxidation for odor removal[49]. - The company has established a wastewater treatment facility with a capacity of 15,000 tons per day and multiple other treatment facilities to ensure compliance with environmental regulations[49]. - The company reported no instances of exceeding emission limits for wastewater or solid waste in the first half of 2021[48]. Shareholder and Capital Management - The company did not conduct any profit distribution or capital reserve transfer to increase share capital during the reporting period[2]. - The company has not experienced any changes in its total share capital or share structure during the reporting period[68]. - The company’s employee stock ownership plan for 2021 holds 35,832,685 shares, accounting for 1.10% of total shares[71]. - The total number of ordinary shareholders at the end of the reporting period is 200,772[69]. Legal and Compliance Issues - The company is involved in a significant lawsuit regarding patent infringement, with a claim for economic damages amounting to RMB 230 million[62]. - The court ruled that the company must pay RMB 14 million in damages and additional costs totaling RMB 0.3 million, along with court fees of RMB 635,444 and judicial appraisal fees of RMB 0.88 million[62]. - The company has established a robust environmental emergency response plan, which is reviewed every three years to assess environmental risks[52]. Financial Position and Ratios - The company reported a current ratio of 1.95, down 6.33% from the previous year's 2.08[84]. - The quick ratio improved to 0.85, an increase of 19.45% compared to last year's 0.71[84]. - The debt-to-asset ratio increased to 53.05%, up 6.46% from 46.59% at the end of the previous year[84]. - The EBITDA interest coverage ratio rose to 10.76, a significant increase of 31.76% from 8.17 in the same period last year[84]. Research and Development - The company has nearly 1,900 patents, supporting its strong R&D capabilities and enabling it to develop high-end market products[23]. - Research and development expenses increased to CNY 367,606,142.40, up 16.9% from CNY 314,397,155.19 in the first half of 2020[90]. Cash Flow and Liquidity - The company’s cash and cash equivalents at the end of the period were 14.52 billion RMB, a significant increase of 118.78% from the previous year[29]. - The company’s cash flow from investing activities surged by 1,142.71%, totaling 1.79 billion RMB[26]. - The company’s total cash inflow from financing activities was ¥9,393,000,000.00, compared to ¥4,196,700,672.70 in the same period last year, marking an increase of approximately 123.5%[96]. Risk Management - There were no significant risks that materially affected the company's production and operations during the reporting period[4]. - The company is managing foreign exchange risks through natural hedging methods, with no significant short-term impact on operations[40]. - The company anticipates potential risks from macroeconomic policies affecting its real estate projects, particularly in urban renewal initiatives[40].